{"_id": "3", "title": "", "text": "I'm not saying I don't like the idea of on-the-job training too, but you can't expect the company to do that. Training workers is not their job - they're building software. Perhaps educational systems in the U.S. (or their students) should worry a little about getting marketable skills in exchange for their massive investment in education, rather than getting out with thousands in student debt and then complaining that they aren't qualified to do anything."}
{"_id": "31", "title": "", "text": "So nothing preventing false ratings besides additional scrutiny from the market/investors, but there are some newer controls in place to prevent institutions from using them. Under the DFA banks can no longer solely rely on credit ratings as due diligence to buy a financial instrument, so that's a plus. The intent being that if financial institutions do their own leg work then *maybe* they'll figure out that a certain CDO is garbage or not.  Edit: lead in"}
{"_id": "56", "title": "", "text": "You can never use a health FSA for individual health insurance premiums.  Moreover, FSA plan sponsors can limit what they are will to reimburse.  While you can't use a health FSA for premiums, you could previously use a 125 cafeteria plan to pay premiums, but it had to be a separate election from the health FSA. However, under N. 2013-54, even using a cafeteria plan to pay for indivdiual premiums is effectively prohibited."}
{"_id": "59", "title": "", "text": "Samsung created the LCD and other flat screen technology like OLED. a few years ago every flat screen came from Samsung factories and were reshelled. I think the 21 Hanns screen I am looking at now is Samsung and it is only a couple of years old. Samsung seem to be a good company."}
{"_id": "63", "title": "", "text": "Here are the SEC requirements: The federal securities laws define the term accredited investor in   Rule 501 of Regulation D as: a bank, insurance company, registered investment company, business development company, or small business investment company; an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or   registered investment adviser makes the investment decisions, or if   the plan has total assets in excess of $5 million; a charitable organization, corporation, or partnership with assets exceeding $5 million; a director, executive officer, or general partner of the company selling the securities; a business in which all the equity owners are accredited investors; a natural person who has individual net worth, or joint net worth with the person\u2019s spouse, that exceeds $1 million at the time of the   purchase, excluding the value of the primary residence of such person; a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for   those years and a reasonable expectation of the same income level in   the current year; or a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes. No citizenship/residency requirements."}
{"_id": "100", "title": "", "text": "\"Only relevant to those with fantasy economy teams. Seriously, Rand's fictional works never translate well into reality because, no matter how hard people try, that \"\"fiction\"\" element just can't be ignored.  Test it yourself: Strip John Galt and his followers of everything they have which was created by or within the \"\"society\"\" they so revile, drop them in the desert -- and they'll all be dead of exposure and starvation in less than two weeks because they will be naked, without tools and without food.  The only reason the libertarians get away with pushing their tripe as a rational philosophy is because no one will point out what it is wrong with their thinking. Why? Well, for most of my lifetime, their \"\"philosophy\"\" was considered nuttery in line with the John Birchers and so why bother. It's only with the ascendency of these billionaire-funded politicians that this crap thinking has become acceptable, and even then, only to them.\""}
{"_id": "108", "title": "", "text": "Futures contracts are a member of a larger class of financial assets called derivatives. Derivatives are called such because their payoffs depend on the price of other assets (financial or real). Other kinds of derivatives are call options, put options. Fixed income assets that mimic the behavior of derivatives are callable bonds, puttable bonds etc.  A futures contract is a contract that specifies the following: Just like with any other contract, there are two parties involved. One party commits to delivering the underlying asset to the other party on expiration date in exchange for the futures price. The other party commits to paying the futures price in exchange for the asset. There is no price that any of the two parties pay upfront to engage in the contract. The language used is so that the agent committing to receiving the delivery of the underlying asset is said to have bought the contract. The agent that commits to make the delivery is said to have sold the contract.  So answer your question, buying on June 1 a futures contract at the futures price of $100, with a maturity date on August 1 means you commit to paying $100 for the underlying asset on August 1. You don't have to pay anything upfront. Futures price is simply what the contract prescribes the underlying asset will exchange hands for."}
{"_id": "125", "title": "", "text": "This month when you join Scentsy you get a free defuser with your kit!   This has never been done before.  You also get spring / summer and Fall / Winter testers plus all your kit items!    Be your own boss!  You choose what hours you work, when and where you work them.   Join my Scentsy family today!  [Amanda C. Robar Scentsy Business ](http://www.amandacrobar.scentsy.ca)"}
{"_id": "132", "title": "", "text": "Whenever you pay or withdraw some fund from your account, paypal takes approx 3% of the current currency value along with the fees. i.e. If you are paying/withdraw 100 unit of US Dollars to British pounds and if the current convertion rate is 1$=0.82GBP, then consider reducing 3% of the actual currency rate. So, the approximate magnitude will be 0.82*97% (100-3=97) = 0.7954. So, 1$=0.7954GBP. This formula will not give you 100% accurate value but will help of course. Captain"}
{"_id": "138", "title": "", "text": "So you asked him in 2010 how he was gong to compete with DVD rental distributors like Netflix (which is what Netflix primarily was at the time) and Lovefilm and you were surprised that he was he said they were going to continue to compete as a DVD rental distributor just like the mentioned competitors?"}
{"_id": "158", "title": "", "text": "In the US, I would say the risk is exactly the same.  If your accounts are withing the FDIC amount (currently $250,000) your balance is 100% covered in case of a failure. You are giving up a larger network of ATMs in some cases.  You are also perhaps giving up the number of branches you can visit, the hours the bank is open and maybe how well the website works.  The features might be less, but the protection for your deposits is the same."}
{"_id": "164", "title": "", "text": "I don't know what the fee is, I just made up $5 as an example. It doesn't surprise me at all that Comcast is charging $20.  I don't really mind that I don't have on demand, it doesn't bother me. But after the disaster that CableCards were, there was no chance that tru2way was going to work if the industry had any say in it. They forced the failure of CableCards, and none of their reasons for opposing them went away."}
{"_id": "178", "title": "", "text": "\"At any given moment, one can tally the numbers used for NAV. It's math, and little more. The Market Cap, which as you understand is a result of share value. Share value (stock price) is what the market will pay today for the shares. It's not only based on NAV today, but on future expectations. And expectations aren't the same for each of us. Which is why there are always sellers for the buyers of a stock, and vice-versa.  From your question, we agree that NAV can be measured, it's the result of adding up things that are all known. (For now, let's ignore things such as \"\"goodwill.\"\") Rarely is a stock price simply equal to the NAV divided by the number of shares. Often, it's quite higher. The simplest way to look at it is that the stock price not only reflects the NAV, but investors' expectations looking into the future.  If you look for two companies with identical NAV per share but quite different share prices, you'll see that the companies differ in that one might be a high growth company, the other, a solid one but with a market that's not in such a growth mode.\""}
{"_id": "180", "title": "", "text": "Chinese suppliers can quote their price in CNY rather than USD (as has been typical), and thus avoid the exchange risk from US dollar volatility- the CNY has been generally appreciating so committing to receive payments in US dollars when their costs are in CNY means they are typically on the losing end of the equation and they have to pad their prices a bit.  Canadian importers will have to buy RMB (typically with CAD) to pay for their orders and Canadian exporters can take payment in RMB if they wish, or set prices in CAD. By avoiding the US dollar middleman the transactions are made less risky and incur less costs. Japan did this many decades ago (they, too, used to price their products in USD).  This is important in transactions of large amounts, not so much for the tiny amounts associated with tourism. Two-way annual trade between China and Canada is in excess of $70bn.  Of course Forex trading may greatly exceed the actual amounts required for trade- the world Forex market is at least an order of magnitude greater than size of real international trade. All that trading in currency and financial instruments means more jobs on Bay Street and more money flowing into a very vital part of the Canadian economy.  Recent article from the (liberal) Toronto Star here."}
{"_id": "222", "title": "", "text": "\"I read the post.  I read what **they said** about it.   Yet, that part makes **no sense**.  They keep talking about \"\"only avilable to members of the Florida Bar\"\" but stop and think about how that doesn't make sense.  Are they in a *florida* court or in a *federal* court?  Or an IP/administrative setting?    Some things they wrote suggests they're in a *federal* court.  But others things suggest they're in an administrative court related to IP.  For example, they talk about needing an attorney who can represent them in the Trademark/IP courts.  That sounds like patent prosecution - but that's typically just about getting the patent/IP stuff in the first place - and not so much after-the-fact stuff.  But then again, I'm not at all familiar with the area so I could be way off base.  The problem is: I shouldn't have to be speculating so much because their story sucked.  But patent litigation (for infringement for example) as far as I was aware, occurs in traditional district courts and so far as I am aware you don't need a special trademark/ip exam to sue on it.  By contrast, patent *prosecution*, which is getting a patent through the offices, requires that the attorney take the USPTO exam - to become a 'patent' attorney.  [link](http://en.wikipedia.org/wiki/USPTO_registration_examination).  Federal courts, if that's where they are, typically use PACER ECF/CM (case management web portal).  Which, I'll have to assume is the system they are referring to.  https://www.pacer.gov/psco/cgi-bin/regform.pl  That's where anyone can fucking sign up for it.  Then they can look at dockets and all that jazz.  Maybe there's another system I'm not familiar with OR another system that I can't discern from the way they wrote the story.  But so far.  More BS or just confusing or wrong information.  This is why they should have hired a lawyer.\""}
{"_id": "225", "title": "", "text": "> monopoly  > names 3 giant companies who compete with each other in almost every industry possible  What happened to /economy :(. It used to be actual business minded people, now it's becoming another socialist echo chamber... Sad to see."}
{"_id": "239", "title": "", "text": "What happens would depend on company culture.  At the very least they could pass it on to their manager.  Or maybe the company just pays support staff by number of answered emails in which case you get the quickest pre-canned answer they can provide.  But the net effect is they will continue to lose to alternatives because of this issue.  They have been given customer feedback.  And their culture is to ignore it.  The results are self inflicted."}
{"_id": "264", "title": "", "text": "We write them off as cheap knock offs because that's what they are. They are no match when they come up against the superior technology of the US and her allies - they are only a threat when these countries use them against their own people to stifle dissent."}
{"_id": "277", "title": "", "text": "My super fund and I would say many other funds give you one free switch of strategies per year.  Some suggest you should change from high growth option to a more balance option once you are say about 10 to 15 years from retirement, and then change to a more capital guaranteed option a few years from retirement. This is a more passive approach and has benefits as well as disadvantages. The benefit is that there is not much work involved, you just change your investment option based on your life stage, 2 to 3 times during your lifetime. This allows you to take more risk when you are young to aim for higher returns, take a balanced approach with moderate risk and returns during the middle part of your working life, and take less risk with lower returns (above inflation) during the latter part of your working life. A possible disadvantage of this strategy is you may be in the higher risk/ higher growth option during a market correction and then change to a more balanced option just when the market starts to pick up again. So your funds will be hit with large losses whilst the market is in retreat and just when things look to be getting better you change to a more balanced portfolio and miss out on the big gains. A second more active approach would be to track the market and change investment option as the market changes. One approach which shouldn't take much time is to track the index such as the ASX200 (if you investment option is mainly invested in the Australian stock market) with a 200 day Simple Moving Average (SMA). The concept is that if the index crosses above the 200 day SMA the market is bullish and if it crosses below it is bearish. See the chart below:  This strategy will work well when the market is trending up or down but not very well when the market is going sideways, as you will be changing from aggressive to balanced and back too often. Possibly a more appropriate option would be a combination of the two. Use the first passive approach to change investment option from aggressive to balanced to capital guaranteed with your life stages, however use the second active approach to time the change. For example, if you were say in your late 40s now and were looking to change from aggressive to balanced in the near future, you could wait until the ASX200 crosses below the 200 day SMA before making the change. This way you could capture the majority of the uptrend (which could go on for years) before changing from the high growth/aggressive option to the balanced option. If you where after more control over your superannuation assets another option open to you is to start a SMSF, however I would recommend having at least $300K to $400K in assets before starting a SMSF, or else the annual costs would be too high as a percentage of your total super assets."}
{"_id": "288", "title": "", "text": "\"> You do realize that investors are protected from being sued right?  Not usually, no. If the investor is a partner in the company then they're just as responsible for the debts of their business as any other partner. If they're just a capital investor with no interest in the company business then sure - you can't sue them. But then my contract wouldn't be with them, would it?  > So if the company you work for tanks, you can sue them, but they don't have any money so what do you expect to get?  The registered owners of the company can also be held liable for it's debts if it's a corporation. Or you can always just have them sign as guarantor for your back pay.  And don't say \"\"Nobody will ever do that!!\"\", because if your service is valuable enough then **YES THEY WILL**. I've pushed for a personal liability guarantee from a company owner before and got it.\""}
{"_id": "289", "title": "", "text": "\"So you're basically saying that average market fluctuations have an affect on individual stocks, because individual stocks are often priced in relation to the growth of the market as a whole?  Also, what kinds of investments would be considered \"\"risk free\"\" in this nomenclature?\""}
{"_id": "294", "title": "", "text": "US government bonds are where money goes when the markets are turbulent and investors are fleeing from risk, and that applies even if the risk is a downgrade of the US credit rating, because there's simply nowhere else to put your money if you're in search of safety. Most AAA-rated governments have good credit ratings because they don't borrow much money (and most of them also have fairly small economies compared with the US), meaning that there's poor liquidity in their scarce bonds."}
{"_id": "297", "title": "", "text": "Nonsense. In places where people have most kids, it doesn't matter how expensive baby care products are because most babies are born where they aren't used nearly as much, or at all. Sure, making them more expensive will help having less children in the first world, but that would change squat WRT the total number."}
{"_id": "302", "title": "", "text": "Either way the govt is going to get to a breaking point and it's going to be shitty and miserable until they get there (and obviously when they get there it will get worse before it gets better). This bond trade just prolongs the shitty/miserableness even longer. Who knows how many more people will die from govt sponsored thugs and hunger because this trade pushed the breaking point out a few months/years?"}
{"_id": "316", "title": "", "text": "Yeah, I instinctively knew that the Middle East probably wouldn't be it, even without knowing jack about finance. So, Europe-wise, we're looking at Frankfurt and London, then?   As for Asia, what about Hong Kong? Given that it is already becoming a center for instrumentation between different financial systems and its close proximity to Southeast Asia (also, it is part of the PRC allowing for direct access to China, yet doesn't operate according to the same restrictions that Shanghai would under the Two Countries, One System deal), do you see that as a future major hub for Islamic finance? Or will it all be crowded into Singapore?"}
{"_id": "330", "title": "", "text": "\"As long as the losing business is not considered \"\"passive activity\"\" or \"\"hobby\"\", then yes. Passive Activity is an activity where you do not have to actively do anything to generate income. For example - royalties or rentals. Hobby is an activity that doesn't generate profit. Generally, if your business doesn't consistently generate profit (the IRS looks at 3 out of the last 5 years), it may be characterized as hobby. For hobby, loss deduction is limited by the hobby income and the 2% AGI threshold.\""}
{"_id": "339", "title": "", "text": "No no - Casual dining restaurants have a business model that is increasingly obsolete, and rather than trying to adapt to changing market conditions, they're just blaming those dang kids.  Sorry, but it's the market - if your product is bad, you won't succeed. Blame the market all you want, but it won't make a shred of difference."}
{"_id": "343", "title": "", "text": "The only reason I can think of would be if you were convinced that you couldn't hold on to your money. Treasury Bonds are often viewed as very safe investments, and often used in some situations where cash isn't appropriate.. Also, they typically have a somewhat patriotic theme, helping your country to grow. In addition, many people don't really pay attention to the rate of the bonds, but are just investing in them. The more people investing in them, the lower the yields become. But the bottom line is, I would invest in a savings account any day over a negative interest rate... And it looks like I'm in good company as well, a quick study of reports seems to indicate that these are a very bad investment..."}
{"_id": "357", "title": "", "text": "I'm in both markets and there are a lot of factors.  Distribution costs in NY are ridiculously high.   Different states have different generation mixes, access to fuel, different regulatory costs, different taxes, different availability of green/renewable energy as well as different mandates, different types of restructuring (TX is fully restructured; NY was only partially restructured and the market has been a total mess -- they're thinking about going back to a fully-regulated model).   For business customers, my biggest pieces of advice are:  1. Energy Audits and, if applicable, reviews of your processes/equipment/whatever to ensure you're not using unnecessary energy or causing unnecessary peaks in demand; 2. Do not sign exclusivity/letter of authorization/power of attorney with a broker -- see what prices they can get you, and then shop around yourself, and if you go through a broker, make sure they tell you as part of the contract how much the supplier is paying them per kWh/therm; 3. Review your usage history (including demand) for at least the past 12 months and then compare to the utility tariff you're being served under -- do anything possible to avoid demand charges and make damn sure you're utility hasn't put you/left you in a demand charge-carrying class if you don't actually qualify for it.  I'll be happy to share more if anyone is interested."}
{"_id": "396", "title": "", "text": "First, to answer the question.  The benefit of a 401k is that you don't have to pay income tax on the money contributed nor do you pay capital gains tax on the money that accumulates.  You get that with the restriction that you can't willy nilly remove and contribute money to the account (and you are taxed on withdrawals, more severely if you do it before you are 65).  Similar sorts of restrictions apply to all retirement accounts which give tax benefits.  Now, for the 7000 not providing benefit.  Assuming a very modest 4% growth, over 40 years 7000 becomes 34,671. Not something to sneeze at (inflation, risk reward, blah, blah, blah, it is less than it looks, but 4% is really pretty low, the stock market averages anywhere from 7->10% and IIRC the bond market is somewhere around 5%).  Now, certainly, to avoid bankruptcy you should withdraw.  However, if it is possible, you will be best served by keeping the money in your 401k account.  The penalties and lost earning opportunities are pretty significant.  /u/BeatArmy99 [has the numbers](http://www.reddit.com/r/finance/comments/2ct0qy/why_cant_i_access_my_401k_if_its_my_money/cjiorl7) for how much you lose by doing an early withdraw.  Don't do this lightly and I would suggest avoiding cashing out the whole thing if you can."}
{"_id": "402", "title": "", "text": "\"the truth from the 'horse mouth\"\" - and no he's NOT alt-right, as he's painted by political interests from all sides....  Well, updates and flashnews: 1. Google pontificating on diversity and women's equality: Sergei Brin divorced after cheating on his high achieving brilliant wife with a junior staffer. Guess who left the company after it was found out? 2. Eric Schmidt - rumour has it he likes to \"\"party\"\" - a lot! Good that Google \"\"leadership\"\" is keeping silent on this issue.  2. Diversity and equality.....https://www.theguardian.com/technology/2017/aug/08/google-women-discrimination-class-action-lawsuit  So they are definitely NOT putting their money where their mouth is....  Alt-right are not nice, and often come across as plain stupid. At least they don't reek of this putrid Tartuffe-esque hypocrisy like they left wing counterparts.\""}
{"_id": "412", "title": "", "text": "The details of the 401(k) are critical to the decision. A high cost (the expenses charged within the) 401(k) - I would deposit only to the match, and I'd be sure to get the entire match offered. In which case, that $3000 might be good to have available if you start out with a tight budget.  Low cost 401(k) w/match - a no-brainer, deposit what you can afford. Roth 401(k) w/match - same rules for expenses apply, with the added note to use Roth when getting started and in a lower bracket.  Yes, it makes sense to have both.  You should note, depositing to the Roth now is riskless. The account, not the investment. If you decide next year you didn't want it, you can withdraw the deposit with no penalty or tax. Edit to respond to updated question - there are two pieces to the Roth deposit issue. The deposit itself, which puts the $3000 earned income into tax sheltered account, and the choice to invest. These two are sequential and you can take your time in between. I'm not sure what you mean by the dividend timing. In an IRA or 401(k) the dividend isn't taxed, so it's a non-issue. In a cash account, you might quickly have a small tax issue, but this doesn't come into the picture in the tax deferred accounts."}
{"_id": "417", "title": "", "text": "Depending on what state you live in in the United States, your Canadian brokerage may be able to sell products within the existing RRSP.  I have an RRSP in Canada through TD Waterhouse and they infact just sent me a recent letter explaining that they are permitted to service my Canadian RRSP under the laws of Tennessee (where I live).  The note went on to specifically state that they are not subject to the broker-dealer regulations of the US or the securities/regulations laws on the TN securities act.  Furthermore, they state that Canadian RRSPs are not regulated under the securities laws of the US and the securities offered and sold to Canadian plans are exempt from registration with the SEC.  When I call TD to do trades, I just ask for a Canada/US broker and that's who enters the sale for me.  I declare my RRSP annually both to IRS under RRSP treaty and through FBAR reporting."}
{"_id": "425", "title": "", "text": "Various networking Companies use 192.168.0.1 IP address to access their admin page. We solve issues related to this IP address such as 192.168.0.1 login my account issue, 192.168.0.1 the page cannot be displayed etc. Feel free to contact us through live chat window."}
{"_id": "433", "title": "", "text": "It seems like their main problem is not hiring - clearly they've hired some bright technical people.  It just seems like the iPhone and Android came along and management refused to admit that the new platforms were going to compete with the Blackberry and its ecosystem."}
{"_id": "438", "title": "", "text": "Best job you could get was working for the government.  Pension isn't as good now, but they still have one. And your healthcare is covered.  Sacrifice some money while working to pay into those things.  Won't be rich, but you'll be far from poor.  And can live a satisfying life even if you are sole income for household.  If you have a spouse that works, you are fucking set."}
{"_id": "441", "title": "", "text": "\"Ya it definitely helps, however it's not a must.  Being a good leader is more about getting the right team together than being a visionary in technology or something of that sort. I think understanding technology is on the \"\"wants\"\" side of the equation, not the \"\"needs\"\" for when it comes to a great CEO, that's why the team aspect is what matters most in my mind. A great CEO will build a strong team around him or her and fill in for any missing skillsets he or she is lacking.\""}
{"_id": "455", "title": "", "text": "I was actually thinking of doing both, I already have a one sided card, I was thinking of doing an additional 2 sided, however, the single sided that I already have is more of a networking/advertising card that I post in random locations, and the new one will be my business contact card, maybe I will end up with three designs. Thanks for your tips!"}
{"_id": "462", "title": "", "text": "Hmmmm, 1 or 2, yeah, maybe they were not a good fit for one reason or another. but 5?? Really, you gotta start thinking that maybe, just maybe, there's a chance that's Trump's the problem. #justsayin'  is all."}
{"_id": "470", "title": "", "text": "\"Based on the conversations in the comments, I believe a pragmatic solution would be the best immediate course of action, while still working on the long term addiction issues. The first step is to get your husband to agree to give you all of his credit cards and let you manage the money for a set period of time, say 3 months, to see how it goes. (In my experience people are more likely to agree to being uncomfortable for a finite period of time, rather than indefinitely.) Step 2 is to provide him a means for making purchases on his own, but with a limited budget. Here are some examples: Perhaps a combination of the above options would work best. Another thing to consider is to set up alerts with your bank so that you are notified of certain purchases (or all) that are made by your husband. This varies by bank, but nowadays most will allow you to receive text/email immediately when the purchase happens, and can be set to certain amounts or categories. There is a definite psychological difference between, \"\"If I buy this, my spouse will find out at the end of the month and berate me.\"\" and \"\"If I buy this, my spouse is going to run in here in 30 seconds and berate me.\"\" The latter might actually be a deterrent on its own, and you may likely have the opportunity to undo the purchase if you wish to. As a side note, it's important to realize that the above suggestions are still allowing for some limited amount of enabling and temptation to occur. If the addiction is such that it is hazardous to one's health (for example drugs or alcohol addiction), then I don't believe this would be the best course of action. These suggestions are based on my impression that the biggest concern at the moment is financial, and I believe these ideas help to mitigate that. Good luck.\""}
{"_id": "475", "title": "", "text": "\"I just can't come around to calling it \"\"taking advantage of\"\" when the means to act on them was put into existence knowingly. It's like saying you took advantage of the highway by travelling at, and not less than, the posted speed limit.\""}
{"_id": "478", "title": "", "text": "I suspect this is done at least in part in response to [this review by Edmunds](http://www.edmunds.com/tesla/model-s/2013/long-term-road-test/wrap-up.html) and a [similar one by Consumer Reports](http://www.consumerreports.org/cro/news/2014/08/consumer-reports-tesla-model-s-has-more-than-its-share-of-problems/index.htm) where they describe the number of problems Tesla had over 1 year of ownership.  Esp in the Edmunds review, if you scroll down part way down the article, you'll see the number of powertrain part replacements that were done; it's quite substantial."}
{"_id": "530", "title": "", "text": "Public companies sometimes buy up all their shares in order to go private^(1).  Is that the sort of thing you're talking about?  If so, [this article](http://www.investopedia.com/articles/stocks/08/public-companies-privatize-go-private.asp) might be of interest to you.  ^(1) Actually, most of the time, they partner with private equity firms to do it, but I think the effect is essentially what you're describing."}
{"_id": "534", "title": "", "text": "Nah I just don't believe anything I see on TV or read on the internet. Anyone can go onto www.imrightyourewrong.com and find whatever data supports they're argument. It's one big echo chamber and you're just some douchebag yankee squawking away behind his phone yammering about how dumb the rest of the world is and wondering why your welfare and wic hasn't arrived this month yet"}
{"_id": "536", "title": "", "text": "Agreed, this article is crap.  I have no problem with venture capitalists.  They give you the oppurtunity to attian: the capital, the tools, the hardware/software, the knowledge systems, the networking and right talent to work with for your innovation. I'll take that and burn through their capital, than use my own capital and lose it all."}
{"_id": "548", "title": "", "text": "In order to do this, you would need to purchase an Amazon gift card from another online vendor that accepts PayPal and then use the Amazon gift card on the Amazon site. There are dozens (if not hundreds) of sites that sell Amazon gift cards online that accept PayPal."}
{"_id": "589", "title": "", "text": "So does a post-dated check have any valid use in a business or   personal transaction? Does it provide any financial or legal   protections at all? Yes, most definitely. You're writing a future date on the check, not past, to ensure that the check will not be deposited before that day. Keep in mind that this may change from place to place, since not every country has the same rules. In the US, for example, such trick would not work since the check may be presented any time and is not a limited obligation. However, in some other countries banks will not pay a check presented before the date written on it. While in the US the date on the check is the date on which it was (supposedly) written and as such is meaningless for obligation purposes, in many other countries the date on the check is the date on which the payment to be made, thus constitutes the start of the commitment and payment will not be made before that date. For example, in Canada: If you write a post-dated cheque, under the clearing rules of the   Canadian Payments Association (CPA), your cheque should not be cashed   before the date that is written on it. If the post-dated cheque is cashed early, you can ask your financial   institution to put the money back into your account up to the day   before the cheque should have been cashed."}
{"_id": "593", "title": "", "text": "\"Insurance companies on average make money by selling insurance, which   means you lose money on average by dealing with them. The insurance is not gambling where the house always wins. This expression is literal in gambling, because that's how they set the odds. Insurance isn't necessarily similar. Example. Suppose there's 10% chance that $10,000 the boat sinks due to a defect. So, on average your loss is going to be $1,000. The variability of your loss measured as its standard deviation is $2,846. The variability of loss is a measure of risk. Now, let's look at two $10,000 boats. There's 1% chance that they both sink, and 18% chance that only one of them sinks. So, the expected loss is, unsurprisingly, $2,000. However, the variability of expected loss is $3,842, not quite twice the risk (variability) of a single boat accident. If you imagine that instead of a couple of boats the insurance has 100 boats, the variability of their loss (hence their risk) will increase only by a factor of 10, not 100 compared to a single boat. This means that their risk in relative terms is smaller than yours, the individual insurer's.  What I tried to show was that it is possible to both of you and the insurer to benefit from the arrangement. It doesn't mean that it happens in every case, but generally it does. That's why in actuarial science there's a term fair price. UPDATE I was trying to avoid talking about utility here, because it's an involved subject, but you're dragging the discussion in this direction :) You're right that expected value cannot explain the insurance. The reason is that there's another concept that's necessary in addition to the objective measures such as expected value and risk: I mean the utility function or risk-aversion. So, in short you need to maximize expected utility, not the expected payout. Here's a toy example with the same boat. Assume that insurance is $150, and they pay the entire boat's value in case of accident, i.e. $10,000. You're given two choices effectively. At the end of the year, you have either of the following: You're right that the expected value in the second option can be higher in the second option. Let's say the probability of the loss is 10%, in this case the expected value would $9,900, which is higher than certain value of option 1. Why then some people choose option 2? The reason is that we don't maximize the expected payout, but we maximize the utility, according to modern microeconomics and game theory.  Utility is some kind of an function that reflects your preference given the uncertain choices. Every person has their own preferences, and utility function.  Let's say that yours is exponential with a=10000. In this case we can calculate the expected utility as follows: The math works out in such a way that it accounts for your risk tolerance. Depending on how much you love or hate risk, your expected utilities for these option will come out differently. For this given toy example it turned out that the expected utility is higher with insurance, so this person should get it. However, for different values of a parameter \"\"a\"\" in the function, it may not make a sense to insure. Some people are risk averse, some are risk lovers in certain situations. That's the reason why given the same options we make different choices. You may say that you don't value certainty enough to buy this insurance. The bottom line is that nobody can tell you that you're wrong to not buy an insurance. If your risk tolerance is high it may not make a sense for you. Having said this all, I must note that sometimes the society doesn't accept your preferences and utility function. Yes, you tell me today that you accept the risk, but tomorrow when the boat sinks you may come to me and say that you can't pay the student loan because of the hardship. That's the reason why it's mandatory to get liability insurance on cars, for instance.\""}
{"_id": "617", "title": "", "text": "\"I think you should evaluate the value of these so-called \"\"penny auction\"\" websites very carefully.  Going to a random site, madbid .com, (which is British with UK prices, but it works just the same with US prices) they claim that someone has bought an iPod Touch 64GB for \u00a321.18. It is \u00a3249 directly from Apple. Sold for \u00a321.18 means there were 2118 \"\"bids\"\". I'd have to log in to their site to find the cost of a \"\"bid\"\" for packages, but you can multiply the cost of a single \"\"bid\"\" by 2,118, add another \u00a321.18, and you'll know what all \"\"bidders\"\" trying to receive this item paid - I'll bet the total is substantially more than \u00a3249.  People taking part in these scams obviously convince themselves that they are the \"\"clever\"\" ones who will get an item cheaply. Apart from the possibility that a single \"\"bidder\"\" can easily make more bids than the value of the item, if you think you are more clever than everyone else, you are kidding yourself. (If you think you are indeed more clever than everyone else, go ahead and donate your money to these companies).  The \"\"packages\"\" are most likely designed to give you the false impression that you get some value for money. Years ago when I checked a single bid was \u00a31, but in bigger packages the bids would cost say 50 pence. They also want many bidders to make sure the number of bids will be high (although there is nothing other than the website's honesty that prevents them from automatically adding bids if an item would otherwise sell too cheap).  Just to clarify: These are not auction sites. In an auction, the highest bidder pays the price they bid, usually plus some commission (on eBay, the commission is paid by the seller), and gets the goods, while everyone else keeps their money. In this \"\"auction\"\", every bid costs money, and by increasing the bid by one penny each time they make sure there are usually thousands of bids. (They also offer the products at a \"\"reduced\"\" price if you don't \"\"win\"\" the auction; the reduced price is substantially higher than buying from the manufacturer or any reputable retailer directly).\""}
{"_id": "628", "title": "", "text": "I will be messaging you on [**2017-10-06 17:57:23 UTC**](http://www.wolframalpha.com/input/?i=2017-10-06 17:57:23 UTC To Local Time) to remind you of [**this link.**](https://www.reddit.com/r/finance/comments/7354iz/roku_ipo_stock_price_closes_up_67_on_first_day_of/dnolw5y)  [**3 OTHERS CLICKED THIS LINK**](http://np.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=[https://www.reddit.com/r/finance/comments/7354iz/roku_ipo_stock_price_closes_up_67_on_first_day_of/dnolw5y]%0A%0ARemindMe!  1 week) to send a PM to also be reminded and to reduce spam.  ^(Parent commenter can ) [^(delete this message to hide from others.)](http://np.reddit.com/message/compose/?to=RemindMeBot&subject=Delete Comment&message=Delete! dnolwn7)  _____  |[^(FAQs)](http://np.reddit.com/r/RemindMeBot/comments/24duzp/remindmebot_info/)|[^(Custom)](http://np.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=[LINK INSIDE SQUARE BRACKETS else default to FAQs]%0A%0ANOTE: Don't forget to add the time options after the command.%0A%0ARemindMe!)|[^(Your Reminders)](http://np.reddit.com/message/compose/?to=RemindMeBot&subject=List Of Reminders&message=MyReminders!)|[^(Feedback)](http://np.reddit.com/message/compose/?to=RemindMeBotWrangler&subject=Feedback)|[^(Code)](https://github.com/SIlver--/remindmebot-reddit)|[^(Browser Extensions)](https://np.reddit.com/r/RemindMeBot/comments/4kldad/remindmebot_extensions/) |-|-|-|-|-|-|"}
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{"_id": "640", "title": "", "text": "Lol...going on a real tangent here, but  why not.  1st: Do we send them aid? If so is it food, currency, or something else? Food MIGHT make sense as long as we are making sure it goes to people who are literally starving (and it doesn't get withheld by the government), currency would most likely not make sense because it would just directly support the regime. In the long run though, respecting property rights wouldn't hurt them at all and could only help, but they have many other issues in that country that need to be fixed as well. The whole reason I brought up the example of Zimbabwe is because Mugabe confiscated the lands of all white ppl (this was a pretty populist policy), who tended to be farmers, gave it to his cronies, and then because the land wasn't being farmed a famine and hyperinflation ensued."}
{"_id": "643", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.richmondfed.org/publications/research/econ_focus/2016/q3-4/profession) reduced by 88%. (I'm a bot) ***** > A 2014 working paper by several German and Swiss researchers, "Happiness of Economists," concluded on the basis of a large-scale survey that economists are "Highly happy with life"; moreover, those in North America are the happiest.  > If working as an economist is so much fun, why do they retire at all? Although mandatory retirement at age 70 was once nearly universal in universities, where most research economists are employed, Congress abolished mandatory retirement for faculty starting in 1994.  > Even if a retired economist no longer participates in the profession in any form - no research, no writing, no consulting, no advising students - he or she may well continue to be an economist.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zjx0h/do_economists_ever_really_retire/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~208272 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **economist**^#1 **retirement**^#2 **retire**^#3 **economic**^#4 **work**^#5\""}
{"_id": "645", "title": "", "text": "\"Well, the one variable you're forgetting is that we didn't have as much debt hanging over our heads as we do now. As I understand it, maintaining that conflict cost so much money, we're still paying for it today, the better part of a century later. Are you sure that the Federal government should undertake that level of spending again as the Fed is poised to raise rates, reversing a decades long trend of cheap borrowing?  Edit: typo, added \"\"sure\"\"\""}
{"_id": "648", "title": "", "text": "It becomes a different game when you allow penny and ultra cheap stocks.  People make much less plays, because the price of the stock doesn't change hardly ever, and when it does change you can end up with people making 10x money over night, and when that happens they sell everything and just camp on their cash till the deadline runs out.  Penny/cheap stocks are fun, but only when you start with very little money, like $5,000, and everyone plays for them.  They are a game breaker when you play the legit market.  The >$2 rule is a default option when you setup a game, it isn't something random I made up."}
{"_id": "654", "title": "", "text": "I suppose that is true. If we take me anecdotally, i turn down down boring work. If I have some decent problems to solve, I perform. Payment isn't a factor. Though, I still don't want to take a job that pays less unless it is very interesting."}
{"_id": "662", "title": "", "text": "I can only speak to natural gas but I imagine the answer for electricity is the same. In general, yes, it is better to lock into a fixed price contract as in the long run, natural gas prices increase over time.  However, if you locked (signed a fixed price contract) in prior to the economic downturn, most likely you were better off not doing so but the key is long-term. http://en.wikipedia.org/wiki/Natural_gas_prices However, do your research as fixed priced contracts vary considerably from company to company. http://www.energyshop.com/ I think it's a good time to sign a fixed-term contract right now as I don't see prices coming down much further with global economies are now recovering from the downturn. HTH"}
{"_id": "664", "title": "", "text": "Calling banks 'evil' seems sensationalist. I think it's better to say that their reward-punishment tradeoff is skewed very heavily partly driven by governments being held hostage to fear of bank runs and other doomsday scenarios.  Also, if you think about it, finance has never ever been a clean industry (and I say this as someone whose entire career has been in this industry). Every culture that I know anything about has had issues with the ethics of money lenders throughout history (Middle East, Med. Europe, China, India)."}
{"_id": "667", "title": "", "text": "Sure, you're happy to trust Page or Zuckerberg to put money to good use. But sometimes bad managers burn through company resources, desperately trying to save their jobs. Great managers with long term visions deserve a long leash, but companies with bad management can sometimes be helped with outside discipline."}
{"_id": "680", "title": "", "text": "So one approach would be purely mathematical: look at whichever has the higher interest rate and pay it first. Another approach is to ignore the math (since the interest savings difference between a mortgage and student loan is likely small anyways) and think about what your goals are.  Do you like having a student loan payment?  Would you prefer to get rid of it as quickly as possible?  How would it feel to cut the balance in HALF in one shot? If it were me, I would pay the student loan as fast as possible. Student loans are not cancellable or bankruptable, and once you get it paid off you can put that payment amount toward your house to get it paid off."}
{"_id": "687", "title": "", "text": "Why should the rich who buy more expensive homes be subisdized by those who pay less, or from those who rent? A person who buys a 500k home in a high property tax area wins twice. Once but having more tax breaks by being able to deduct more than your average working class person who buys a house at 250k and the second time when they get nicer schools, public services etc at other people's dime. SF home prices are a combination or speculation investment and poor government control. SF prices are at Tokyo levels when the population density is at 1/10. That is a failure of local government policy to build more homes, not from lack of tax breaks.  If your community wants to pay higher taxes for more local services, power to you and I encourage it, but you shouldn't be subsidized by those who dont. Imo, people shouldn't be punished for not owning property or living in a state where they think sales tax is better than income or property."}
{"_id": "690", "title": "", "text": "That's not how the world works. That's not how any of this works. They knew he didn't have a degree. You don't get recruited before you graduate because you're a useless expendable. He's going places. And they'll probably pay for him to finish his degree at some point. Either way, he's gonna be rich."}
{"_id": "692", "title": "", "text": "If she lives by herself, my guess would be that she qualifies as a household of one. Either way, her monthly income is below the threshold, so she should be eligible. Per the linked website The only way to determine if your household is eligible for SNAP benefits is to apply. I'd say it's worth a try."}
{"_id": "703", "title": "", "text": "It's impossible to be definite without knowing the details of your plans, so you should make sure you consult the providers. However there are some general principles: However all that is the general case, and yours might be different. So look up the rules of each plan."}
{"_id": "725", "title": "", "text": "Preferred stock is traded on the market, so you can just buy it like any other. The symbol for a preferred stock is the ticker symbol followed by a dash and a letter for each class of preferred stock. Examples: Generally speaking, you should buy Preferred stock with the intention of holding onto it for at least a  couple of years. Often preferred shares are lightly traded and have wide spreads that made it difficult to make money in the short term."}
{"_id": "738", "title": "", "text": "Physical addiction also exists, which exists for pot.  I'm sure some car accidents and other accidents have happened, so the drug may not kill you, but the effects can when used in high amounts.   > The reality here is that people like yourself think you know things that you don't know. Pot is safe and very commonly used by lots of different people in a responsible and safe manner.   Like the high driver? LOL. I don't know a smoker that thinks its not ok to drive while being high.  > If you really think pot should be illegal, you should be lobbying for alcohol prohibition too in order to be consistent.  At least with alcohol they have rules of when and where it can be used. Pot smokers will smoke anywhere in your face. They get high and drive, etc... Before you say it doesn't impair you, it does in larger amounts.   there is now a large body of evidence to support the persistence of neurocognitive impairment lasting from hours to weeks. It is important to note that in repeated studies, subjects who reported a marijuana \u201chigh\u201d were most likely or most profoundly affected by the drug. This supports the link between THC concentration and neurocognitive dysfunction. Residual effects, however, continued in subjects who no longer felt the drug's effect. Thus, subjective return to baseline mental status may not ensure full return of neurocognitive function.58  https://www.ncbi.nlm.nih.gov/pubmed/12427880  Considerable research into the functional psychomotor and judgment effects of marijuana smoking has been conducted in the context of transportation safety. Research demonstrates that acute cannabis consumption is associated with an increased risk of a motor vehicle crash, and especially for fatal collisions.59  https://www.ncbi.nlm.nih.gov/pubmed/22323502"}
{"_id": "748", "title": "", "text": "...is investing in a business you believe in a bad strategy?   I'm not saying you're going to be right with your investment (obviously your judgment is coming into play), but you make it sound like it's a terrible way to do things. Is it?"}
{"_id": "750", "title": "", "text": "Before you even enroll in a good financial school, register for an account with a bank that allows you to manage a stock portfolio.  I prefer TD Ameritrade.  You do have to be 18 (Just register it under your parents, it doesn't matter.  Just make sure they fill out the information portion.  Get the SSN and tax info right.  Basically it's their account, you're just managing it. ) That way you'll have some good, practical experience going into it.  Understand that working with money can be a very cut-throat industry, be ready to be competing with people constantly.    Also, surround yourself with books from successful stock brokers, investment bankers, things like that.  When you're working you'll want information like that.  Good luck, and  I hope this helps."}
{"_id": "751", "title": "", "text": "If some one ever offers High returns and low risk they are either extremely stupid or scamming you. If they did find a high return low risk investment a smart person would buy it then repackage it as a low return low risk investment and then sell it to you. People would still buy and they would make a ton.   Either they are lying (scam) or a fool(about as bad)"}
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{"_id": "773", "title": "", "text": "For the US government, they've just credited Person B with a Million USD and haven't gained anything (afterall, those digits are intangible and don't really have a value, IMO). Two flaws in this reasoning: The US government didn't do anything. The receiving bank credited the recipient. If the digits are intangible, such that they haven't gained anything, they haven't lost anything either. In practice, the role of governments in the transfer is purely supervisory. The sending bank debits the sender's account and the receiving bank credits the recipient's account. Every intermediary makes some money on this transaction because the cost to the sender exceeds the credit to the recipient. The sending bank typically receives a credit to their account at a correspondent bank. The receiving bank typically receives a debit from their account at a correspondent bank. If a bank sends lots of money, eventually its account at its correspondent will run dry. If a bank receives lots of money, eventually its account at its correspondent will have too much money. This is resolved with domestic payments, sometimes handled by governmental or quasi-governmental agencies. In the US, banks have an account with the federal reserve and adjust balances there. The international component is handled by the correspondent bank(s). They also internally will credit and debit. If they get an imbalance between two currencies they can't easily correct, they will have to sell one currency to buy the other. Fortunately, worldwide currency exchange is extremely efficient."}
{"_id": "775", "title": "", "text": "Big topic but I worry much more about who gets debt and who gets subsidies (bailouts) as those are both inefficient and unfair. -- one economist.   Ps. I think the Fed should print $ and distribute per capita rather than do QE, which helps the rich more..."}
{"_id": "780", "title": "", "text": "Yes, this is common and a perfectly normal use of your ssn#.  The trustees of the estate can get in a lot of trouble with the IRS if they disburse assets to you if you are subject to tax garnishment (i.e. you didn't pay your taxes)"}
{"_id": "789", "title": "", "text": ">When reading a publication, do you only pay for the pages you read?  No, but many would consider this an innovative and wonderful pricing mechanism.  >It's a package deal, not a rip-off.  Similarly, many consider package deals like cable TV where you get a 1000 channels you don't want to pay for a rip-off."}
{"_id": "799", "title": "", "text": "I already said there's no food safety concern. The issue is it's gross. So yes, as I said, it is just my opinion that I think it's icky. That's a perfectly reasonable cause to not eat something. I'm not suggesting it shouldn't be allowed. I'm suggesting it's reasonable that people don't want to eat it."}
{"_id": "800", "title": "", "text": "\"A warrant is similar to a call option (the right to buy stock at a certain price), with the difference that warrants are filled by the issuing company with new shares, diluting the existing shareholders' ownership. The language is a bit confusing, but how I interpret it is: So your 9,000 shares will get you 3,000 shares and 3,000 warrants (the right to buy shares at a maximum price of 0.27 between April 2, 2018 and April 30, 2018.   I think the phrase \"\"The subscription price is SEK 0.27 per Unit\"\" means that you can buy each unit for 0.27 SKE (which gets you one share and one option to buy another share.\""}
{"_id": "802", "title": "", "text": "It probably doesn't matter since your credit and your checking are at the same institution, but I don't like to let my credit auto draft my checking.  I always do it the other way around (and keep them at different places) I feel like there is more control when my money is gone that way."}
{"_id": "803", "title": "", "text": "> hat being said, I don't believe that a group of countries where several still have their royal and noble classes  They're figureheads, period.  > and the economy is a commodity driven market economy.  You're taking Norway and applying it to the rest of the Nordic countries?  I didn't realize all of them had oil.  This goes to show how biased is your perception of them."}
{"_id": "815", "title": "", "text": "\"I used to work for one of the three ratings agencies. Awhile ago. First: There are lots of different ratings. The bulk of ratings are for corporate debt and public finance. So senior debentures (fixed income) and General Obligations e.g. tax-free muni bonds, respectively. Ratings agencies are NOT paid by the investment banks, they are paid by the corporations  or city/ state that is issuing debt. The investment banks are the syndicate that pulls the transaction together and brings it to market.  For mortgage-backed securities, collateralized debt CDO-CLO's, all of which are fancy structured securitizations, well, that is a different matter! Those  transactions are the ones where there is an inappropriately close tie between the investment bankers and ratings agencies. And those were the ratings that blew out and caused problems.  Ratings agencies continued to do a decent job with what WAS their traditional business, corporate and municipal bond ratings, as far as I know.   What khajja said was 100% correct: S&P's fees were paid by investors, the people who were purchasing the bonds, until about 50 years ago. Around the same time that McGraw-Hill purchased S&P, in 1966, they departed from that model, and started charging the bond issuers for ratings. I don't know if that decision was driven by McGraw-Hill or not, though.  One more thing: Not all credit ratings agencies are paid by the issuers. One of the 10 NRSRO's (a designation given by the S.E.C.) is Egan-Jones. Their revenue comes from the investors, bond purchasers, not the companies issuing bonds, unlike the S&P/ Fitch/ Moody's \"\"business model\"\". So there is an alternative, which I consider hopeful and reason not to totally despair.  EDIT: What xcrunna19 mentions is also totally accurate. The part about Nouriel Roubini (who is a professor at N.Y.U. or Columbia or such and a sensible though slightly high strung sort) is consistent with my impression. As for whether it would require government action to implement the changes advocated by Roubini, yes, I guess it would, but I don't know if the government would do that. It would be better if the credit ratings agencies would find their own way to a different, less conflicted payment-incentive model.  Keep in mind too that many of the provisions of Dodd-Frank have removed the existing regulatory requirements for credit ratings on bonds and other securities. This is the scary part though: There isn't anything to replace the credit ratings agencies, not at the moment, as far as I can tell! Eventually the government is supposed to come up with an alternative, but that hasn't happened yet. Which is better: Not requiring ratings at all, or the past situation of sometimes inflated ratings, which imparted a false sense of confidence? I don't know.\""}
{"_id": "863", "title": "", "text": "And if it costed 50% more they wouldn't either. I bet you a majority of these people just want to save money on gas. I even thought about it, but its too ugly (the back) and the model S is too big for me."}
{"_id": "865", "title": "", "text": "> Businesses aren't a charity - they pay for work and exist for profit. They aren't supposed to have feelings. So austerity and getting the most out of your employees causes the company to become lean and efficient.  I agree. That's why I require that my employees sleep at the office so they don't waste time driving back and forth. Much more efficient. Sadly, the Department of Labor disagrees, so its a no go until the lawsuit gets resolved. Goddamn guvermint regulation getting in the way of us job creators.   > Canadians have been becoming more skeptical of Tim Hortons since before the buyout from Burger King and 3G. 3G didn't significantly change the values and product, they cut costs and made it a less cushy environment. The ill will toward Tim Hortons was not caused by 3G, as you suggested.  *cough* http://www.cbc.ca/news/business/tim-hortons-class-action-1.4167739 *cough*."}
{"_id": "878", "title": "", "text": "Will there be a scenario in which I want to sell, but nobody wants to buy from me and I'm stuck at the brokerage website? Similarly, if nobody wants to sell their stocks, I will not be able to buy at all? Yes, that is entirely possible."}
{"_id": "879", "title": "", "text": "Since you are only 16, you still have time to mature what you will do with your life, always keep your mind opend. If you are really passionated about investement : read 1 book every week about investement, read the website investopedia, financial time, know about macro economic be good a math in school, learning coding and infrastructure can also be interesting since the stock is on server. learn about the history, you can watch on yoube shows about the history of money. learn accounting, the basic at least open a  broker simulating account online ( you will play with a fake wallet but on real value) for 6 month, and after open a broker account with 100 real dollards and plays the penny stocks ( stock under 3 USD a share). after doing all this for 1 year you should know if you want to spend your life doing this and can choose universtity and intership accordingly. You can look on linkedin the profile of investement banker to know what school they attended. Best of luck for your future."}
{"_id": "886", "title": "", "text": "I believe this argument is most often used when considering which debts to pay back first, or when there are other options available such as investment options, building up an emergency fund, or saving for a large purchase.  In that case, it's simply justifying making minimum payments and paying more over the life of the loan in exchange for larger liquidity in the present. Unfortunately, when it comes to choosing between which debts to pay (e.g. My mom pays more than the minimum on her car because she can't deduct auto loan interest, despite her mortgage carrying a higher interest rate), it's only beneficial if the tax savings offsets the interest savings difference. The formula for that is: tax bracket > (1 - (target loan interest rate / mortgage interest rate)) That said, most people don't think in the long term, either by natural shortsightedness, or by necessity (need to have an emergency fund)."}
{"_id": "890", "title": "", "text": "It's called competition. Reddit is funny, they love the electronic revolution when it comes to music, games, TV, piracy, etc. but hate that it will doom bookstores. The sword cuts both ways. Maybe independent bookstores time has come.  (when I say reddit, I am talking in general terms)"}
{"_id": "902", "title": "", "text": "Name one nation state that has survived more than 20 minutes without taxation.  People won't pay if they don't have to, things don't get built if people don't pay.  Take a holiday to Somalia if you want to see a libertarian paradise in action."}
{"_id": "915", "title": "", "text": "I think what's screwing up my calculation is the (reL), return on equity levereged figure. The beta for KORS apparently is -0.58, so when I use the formula reL = rf + (\u00dfL)(rm - rf), I get -0.0048 as my reL.   Am I doing my beta wrong? Am I supposed to use a different figure for my beta?    ALSO, further in the process, when using the formula for WACC, my E/(D+E) is essentially 1.0 because market value of equity for KORS is 7bill and its market value of debt is only like 147 million.  edit: I'm beginning to believe that my beta of -0.58 is not rightly used. It's what yahoo told me, but other sources are saying that the beta of KORS is more like -0.01 or close to 0. Yes?   edit 2: Using -0.01 beta, I get a rdWACC of 2.2%. Now this seems more plausible. I did some research on negative betas and found out that they basically don't really exist aside from gold. So Yahoo must be giving me a weird beta figure. Other websites are all giving me -0.01, so I believe that is correct."}
{"_id": "920", "title": "", "text": "\">  This is horse shit. You're citing liberal propaganda as fact. \"\"Cited as the anti scientist president.\"\" By whom? Just liberals with their dress over their heads.  Did you say \"\"By whom?\"\"??  Have you been living under a rock?  And, even then, do you not know how to google?  Nearly every science oriented magazine and organization has described Trump as anti-science:  1\\.  Scientific American ( https://www.scientificamerican.com/article/trumps-5-most-ldquo-anti-science-rdquo-moves/ )  >  **Trump's 5 Most \"\"Anti-Science\"\" Moves.**   The president-elect has taken what is widely seen as a hostile stance toward the scientific community ...  2\\.  Union of Concerned Scientists ( https://psmag.com/environment/a-brief-survey-of-trumps-assault-on-science )  3\\.  Science ... *the magazine* for the American Association for the Advancement of Science ... the worlds largest general science organization (https://sciencemag.org http://www.sciencemag.org/news/2017/01/what-trumps-nominees-have-said-about-science-their-senate-hearings ,  http://www.sciencemag.org/news/2017/02/hundreds-rally-science-demonstration-near-aaas-meeting , and many others).  And many other news organizations:  4\\.  Worst anti-science president ever.  http://www.newsweek.com/trump-expected-be-most-anti-science-president-ever-519226   5\\.  Trump anti-science policies imperil the world  http://www.scmp.com/business/global-economy/article/2094269/opinion-trumps-anti-science-policies-imperil-world  6\\.  President Trump's War on Science.  https://www.nytimes.com/2017/09/09/opinion/sunday/trump-epa-pruitt-science.html  7\\.  Trump has launched a blitzkrieg in the wars on science   https://www.theguardian.com/environment/climate-consensus-97-per-cent/2017/mar/28/trump-has-launched-a-blitzkrieg-in-the-wars-on-science-and-earths-climate    >  This Nature article is junk, it's just an opinion piece, a few quotes from literally who, and a random bar graph.  That was a news piece, not an opinion piece.  And that doesn't matter anyway.  The result is the graphs which are from the UCLA HERI study.  There was also a Pew Study done in 2009.  http://www.people-press.org/2009/07/09/section-4-scientists-politics-and-religion/  But I don't know why you're arguing ... because you summarized my point (poorly, I may add) with:  >  Trump won on income and was inversely proportional on education.  This was basically my point.  You would know that if you actually read what I wrote.  I say \"\"basically\"\" here, because:  1\\.  You confused \"\"inversely proportional\"\" with negatively correlated ... or proportional with a negative proportionality constant.   Certainly you're aware that \"\"inversely proportional\"\" actually means a relation like y = C 1/x + k.     2\\.  \"\"won on income\"\" is just poor phraseology.  Polls suggest that Trump had a slightly higher edge (2% vs. Hilary) for those whose income was in the higher tiers (most tiers above $50K/yr income).  Polls suggest that he was strongly disfavored for lower incomes.  Of course ... it's best seen in the poll I linked into my first post on this page.  >  Jeez who would have thunk it, lifers post docs are bought it on their liberal academic surroundings. As if that was indicative of intelligence.  Most of your sentences above had poor grammar and, at first, I suspected some advanced Russian bot.  But this is atrocious. Try to express yourself in complete thoughts.  Read what you wrote ... it's complete garbage.  I almost didn't respond at all since it doesn't deserve a response.\""}
{"_id": "933", "title": "", "text": "Vikasmarg.com offers huge list of products and services to avail as well as buy. The portal is very user-friendly and anyone can use it easily. Free classified ads section has made us the most popular portal on the web. Post free classified ads in variety of listings such as office supplies, event management, house cleaning, tours and travels, coaching as well as training, vehicles and so on."}
{"_id": "958", "title": "", "text": "\">I am not forgetting anything. You don't seem to get a broadcasting is media and part of media. Like I said they are a media company. No different from saying Time Warner is a media company or Disney.   It's dishonest to equate a purely digital media entity to a broadcaster. Completely different tier\u2014just not favorable to your argument.  >Have you actually visited their website? It has such stories such as \"\"Turns Out It's Totally Cool to Have a 20-Pound Lobster in Your Suitcase\"\" and \"\"The Mothers Haunted by Their Sons' Unsolved Murders\"\" as well as \"\"D.R.A.M. Opens Up About Being a 'Big Baby' on 'THE THERAPIST'\"\" and \"\"New Yorkers Love Pride, Hate Trump\"\". Really no different from Buzzfeed except Vice doesn't do the whole list thing.   So, history time: Vice Magazine established a channel called Viceland.com, and later it established other channels on VBS.tv. Eventually, they combined into a combined channel called vice.com, including the following sub-channels:  * Vice  * Broadly.  * Creators  * i-D  * Amuse  * Motherboard  * Munchies  * Noisey  * Tonic  * Thump  * Vice Impact  * Vice Sports  * Waypoint  * Viceland  * Vice News  So, you are viewing content from all those channels combined together, mistaking it for all Vice News content. BTW, the best Vice News content gets put into their HBO programs. Vice the series is phenomenal!   >Nope, as it is not faulty. You can claim it is all you want, but until you prove its faulty its not. And you yet to prove its actually faulty.   It's a sweeping generalization. The argument does not stand up to scrutiny, and that is proof it is faulty. Look up what a sweeping generalization is.  >One I told you I read the article and it was crap, you even agreed with me it was crap. Two media companies do screen what content is on their platform. Meaning if they are smart they check for the quality of content as well. Thirdly didn't I tell you like 3 times now to stop making leaping assumptions and bullshit claims? Yet you continue to do so. And for someone claiming to have good analytic skills you certainly fall short in them.  Yeah, okay, I think this is the point that I refrain from rubbing your nose in not just your logical mistake, again, but also your mistake about the type of stories on Vice News. Also, for tech news, I will give Motherboard a nod as well. There's also some pretty good content from Viceland (Specifically, I enjoy Hamilton's Pharmacopeia).\""}
{"_id": "962", "title": "", "text": "\"If the value of these hard assets is significant you probably have them insured, and for significant art work you should have had them appraised as part of getting them insured. Therefore the process of adding them into the net worth calculation would be trivial.  Your goals should be a mix of liquid assets, and assets that are harder to sell, such as real estate. It should also include those items you are more reluctant to sell. In some cases these \"\"investments\"\" do need to be included in official calculations, such as applying for a student loan or financial aid, required financial disclosure statements for some government jobs, or applications for government assistance.\""}
{"_id": "984", "title": "", "text": "That is your bill because the services were performed for you.   You still can negotiate with the doctor however.  Suggest that while you aren't willing to pay the full share, you will pay the negotiated amount he would have actually gotten from the insurance company (or some fraction thereof).  Doc did make a mistake, but you are very much liable for it."}
{"_id": "985", "title": "", "text": "Definitely, check if they are regulated by the Finnish financial regulatory board. Google FIN-FSA regulation. It can also be that they are regulated off-shore, no matter just find it out. Besides try to find the terms of you're contract, if cant find ask the broker to point out. Wonder what will happen, following this thread"}
{"_id": "991", "title": "", "text": "\"The question asked in your last paragraph (what's the downside) is answered simply; if you take out a loan and close the cards, that's a ding on your score because your leverage ratio on this portion of your credit jumps to 100% or more, and because you'll be reducing the average age of your lines of credit (one line of credit a few days old versus five lines of credit several years old each). If you take out the loan and don't close the accounts, it's one more line of credit, increasing your total credit, lowering your leverage, but making institutions more reluctant to give you any more credit until they see what you'll do with what you have. In either case, assuming you can get the loan at less than the average rate of the cards (that's actually not a guarantee; a lot of lenders will want APRs in the 20s or 30s even for a title loan or other collateralized loan), then your cost of capital will also go down. That gives you more of a gap of discretionary income that you can better use to \"\"snowball\"\" all this debt as you are planning. Another thing to keep in mind is that the minimum payment changes as the balance does. The minimum payment covers monthly interest at least, and therefore varies based on your interest rate (usually variable) and your balance (which will hopefully be decreasing). A constant payment over the current minimum, much like a more traditional amortization, would be preferable.\""}
{"_id": "994", "title": "", "text": "\"I could keep a couple of cows fed for weeks with all that straw.   But seriously, we could come up with hypotheticals all day about why we should do nothing.  \"\"I've got mine!\"\" is cheap and feels good to say. But like anything else that's cheap and feels good, gently tutting at the life choices of imaginary millennials will only hurt us if we do it too much.   The fact is that our education system and work system cannot or will not handle the large number of Americans. They therefore cannot participate in the economy, and the only ones who will hurt from this in the end will be America as a whole. It's our responsibility as a group to find a solution, and that includes Americans of all means.   We could also of course move in with our fiscal drug dealer and have China prop up our economy. That will come with all sorts of nasty costs which I don't think we're prepared to pay for.\""}
{"_id": "995", "title": "", "text": "\"So I guess Morgan & Stanley was talking out of its ass when it was like all \"\"Buy Buy Buy\"\"  So I guess Morgan & Stanley must have quite a nice exposure, since they won't be selling since nobody is buying huh?  Leverage baby?\""}
{"_id": "996", "title": "", "text": "Bitcoin is backed by math and the ability to exist in a trustless state. That has value. I don't need to care about double spends, or worry about Quantative Easing. That has value. I can push transactions at my leisure over the network, sending money worldwide without needing a third party. That has value.   Soon, higher level solutions will be implemented, allowing cheap microtransactions between users, and giving the network a vast scaling boost. That has value.  You are stuck in a rut, from what I gather from your comments in this thread. You don't perceive the value of Bitcoin, because in your paradigm value is inherently coupled to companies and their revenue. Bitcoin is the paradigm shift that allows money to be decoupled from third parties."}
{"_id": "1001", "title": "", "text": "\"Not necessarily.  The abbreviation \"\"ESOP\"\" is ambiguous.  There are at least 8 variations I know of: You'll find references on Google to each of those, some more than others.  For fun you can even substitute the word \"\"Executive\"\" for \"\"Employee\"\" and I'm sure you'll find more.  Really. So you may be mistaken about the \"\"O\"\" referring to \"\"options\"\" and thereby implying it must be about options.  Or, you may be right.  If you participate in such a plan (or program) then check the documentation and then you'll know what it stands for, and how it works.  That being said: companies can have either kind of incentive plan: one that issues stock, or one that issues options, with the intent to eventually issue stock in exchange for the option exercise price. When options are issued, they usually do have an expiration date by which you need to exercise if you want to buy the shares. There may be other conditions attached. For instance, whether the plan is about stocks or options, often there is a vesting schedule that determines when you become eligible to buy or exercise. When you buy the shares, they may be registered directly in your name (you might get a fancy certificate), or they may be deposited in an account in your name. If the company is small and private, the former may be the case, and if public, the latter may be the case. Details vary. Check the plan's documentation and/or with its administrators.\""}
{"_id": "1011", "title": "", "text": "\"You will be filing the exact same form you've been filing until now (I hope...) which is called form 1040. Attached to it, you'll add a \"\"Schedule C\"\" form and \"\"Schedule SE\"\" form. Keep in mind the potential effect of the tax and totalization treaties the US has with the UK which may affect your filings. I suggest you talk to a licensed EA/CPA who works with expats in the UK and is familiar with all the issues. There are several prominent offices you can find by Googling.\""}
{"_id": "1034", "title": "", "text": "\"What you are describing is a very specific case of the more general principle of how dividend payments work. Broadly speaking, if you own common shares in a corporation, you are a part owner of that corporation; you have the right to a % of all of that corporation's assets. The value in having that right is ultimately because the corporation will pay you dividends while it operates, and perhaps a final dividend when it liquidates at the end of its life. This is why your shares have value - because they give you ownership of the business itself. Now, assume you own 1k shares in a company with 100M shares, worth a total of $5B. You own 0.001% of the company, and each of your shares is worth $50; the total value of all your shares is $50k. Assume further that the value of the company includes $1B in cash. If the company pays out a dividend of $1B, it will now be only worth $4B. Your shares have just gone down in value by 20%! But, you have a right to 0.001% of the dividend, which equals a $10k cash payment to you. Your personal holdings are now $40k worth of shares, plus $10k in cash. Except for taxes, financial theory states that whether a corporation pays a dividend or not should not impact the value to the individual shareholder.  The difference between a regular corporation and a mutual fund, is that the mutual fund is actually a pool of various investments, and it reports a breakdown of that pool to you in a different way. If you own shares directly in a corporation, the dividends you receive are called 'dividends', even if you bought them 1 minute before the ex-dividend date. But a payment from a mutual fund can be divided between, for example, a flow through of dividends, interest, or a return of capital. If you 'looked inside' your mutual fund you when you bought it, you would see that 40% of its value comes from stock A, 20% comes from stock B, etc etc., including maybe 1% of the value coming from a pile of cash the fund owns at the time you bought your units.  In theory the mutual fund could set aside the cash it holds for current owners only, but then it would need to track everyone's cash-ownership on an individual basis, and there would be thousands of different 'unit classes' based on timing. For simplicity, the mutual fund just says \"\"yes, when you bought $50k in units, we were 1/3 of the year towards paying out a $10k dividend. So of that $10k dividend, $3,333k of it is assumed to have been cash at the time you bought your shares. Instead of being an actual 'dividend', it is simply a return of capital.\"\"  By doing this, the mutual fund is able to pay you your owed dividend [otherwise you would still have the same number of units but no cash, meaning you would lose overall value], without forcing you to be taxed on that payment. If the mutual fund didn't do this separate reporting, you would have paid $50k to buy $46,667k of shares and $3,333k of cash, and then you would have paid tax on that cash when it was returned to you. Note that this does not \"\"falsely exaggerate the investment return\"\", because a return of capital is not earnings; that's why it is reported separately.  Note that a 'close-ended fund' is not a mutual fund, it is actually a single corporation. You own units in a mutual fund, giving you the rights to a proportion of all the fund's various investments. You own shares in a close-ended fund, just as you would own shares in any other corporation. The mutual fund passes along the interest, dividends, etc. from its investments on to you; the close-ended fund may pay dividends directly to its shareholders, based on its own internal dividend policy.\""}
{"_id": "1066", "title": "", "text": "\"There's nothing you can do. If he has indeed deposited the check, it would appear on your account fairly quickly - I've never seen it taking more than 2-3 business days. However, a check is a debt instrument, and you cannot close the account until it clears, or until the \"\"unclaimed property\"\" laws of your state kick in. If he claims that he deposited the check, ask it in writing and have your bank (or the bank where it was deposited) investigate why it takes so long to clear. If he's not willing to give it to you in writing - he's likely not deposited it. Whatever the reason may be, even just to cause you nuisance. Lesson learned. Next time - cashier's check with a signed receipt. Re closing the LLC: if you're the only two partners - you can just withdraw yourself from the LLC, take out your share, and drop it on him leaving him the only partner. Check with your local attorney for details.\""}
{"_id": "1083", "title": "", "text": "There is also the problem of budgets. The budgets haven't kept pace with the growth in channels, therefore it's spread a lot more thinly. Combine that with the quality of the 'best' going up (CGI etc) and it's incredible that TV is as good as it is."}
{"_id": "1089", "title": "", "text": "\"> And what the hell would you use instead of \"\"going forward\"\"?  \"\"From now on?\"\"   As in:  \"\"Going forward, we will only touch base via email, unless we need to take it offline, in which case please reach out and we can do a coffee.\"\"  --- Versus ---  \"\"Learn to communicate in plain English, you pathetic corporate drone\"\".\""}
{"_id": "1099", "title": "", "text": "Another route if IB becomes a fleeting career for you would be to go into M&A/Advisory at an accounting shop and steer towards the PE side of the business. Then when you are sick of grinding it out or you get a sweetheart offer (plenty of friends have gotten them) from a PE shop do that. You could also stay at a B4 or national and stay on partner track. You might not become a millionaire in the first couple of years, but you'll be a multi by the time you're done.  Also, as others have said, skip B-school for now. You will get nothing out of it without prior experience, and if you stay in Chicago finance you'll need to attend an M7 MBA program to go anywhere. B-school is more about the networking relationships you'll get out of it more than anything you will learn in a book."}
{"_id": "1103", "title": "", "text": "Investing only in one industry may be problematic as it is highly correlated. There are factor outside your (or anyones) knowledge which may affect all the industry: If you are familiar with the industry it may happen that you work in that (ignore rest of paragraph if this is not the case). In such case you are likely to have problems at work (frozen salary, no bonus, position terminated) and you need to liquidate the investments at that point (see many advice regarding ESPP). Depending on your field you may have some inside knowledge so even if you would took a position without it you may need to somehow prove it. On the other hand diversifying the investment might reduce the volatility of investment. Rise in oil will cause problems for air industry but will be a boom for oil industry etc. In this way you smooth the grow of the investments. Investing part of portfolio into specific industry may make more sense. It still possibly worth to avoid it at the beginning investor may have trouble to beat the market (for example according to behavioural economics you are exposed to various biases, or if markets are efficient then prices most likely already take into account any information you may have). (I'm still new to all this so it's mostly based on what I read rather then any personal experience. Also a standard disclaimer that this is not an investment, or any other, advice and I'm not licensed financial advisor in any jurisdiction)"}
{"_id": "1134", "title": "", "text": "The HSA money is yours to keep. You can't add new money into the account and get a tax deduction for the new money, but you can spend the old money on medical expenses. First log into the website for the HSA and see if you have money left. This can be important because if there is still money left they might be charging you a monthly fee. You should have gotten a letter from the old company or the administrator when you left the High deductible insurance plan. This would have told you your options regarding the spending or transferring of old funds. HSA related numbers would have appeared on your W2, and you should have a 1099-SA from the administrator. It is likely that there is a copy of the 1099 on the administrators website. The numbers you enter on the tax forms depends on how much you contributed from your paycheck, how much your company contributed, and how much you sent (if any) from other sources besides payroll deduction. You will also have to know how much money was withdrawn from the HSA and how much was used for medical purposes. The last month rule is for those people who start in the middle of the year. If you start partway through the year you are allowed to make the maximum contribution if you still have it at the end of the year, and you expect to keep it.  The Last Month Rule The Last Month Rule states that if you are covered by an HSA eligible   health plan on the first day of the last month of a given year, you   are considered an eligible individual for the entire year. In turn,   you can then contribute to the HSA for that full year. If you are covered by an HDHP on Dec 1st of a given year, you may contribute the maximum for that year. For example, you could begin coverage and open up my HSA in November   of a given year. Come December 1st, you are covered and per the Last   Month Rule, considered an eligible employee for that full year. That   allows you to contribute up to that year\u2019s contribution limit, even   waiting a few months to make a prior year contribution if you like.   Back up the truck and load up the HSA! However, there is a catch.  The Testing Period The Testing Period states if you use the Last Month Rule, you must   remain an eligible individual (covered by HDHP) for the following 12   months. If you fail to remain an eligible individual (change insurance   plans, lose insurance plan, receive other health coverage) any \u201cextra\u201d   contributions you made as a result of the Last Month Rule will be   taxed and penalized. If you contribute per the Last Month Rule and end your HDHP insurance within 1 year, you will have to pay tax on any excess   contributions you were allowed to make and pay a 10% penalty. In this case, \u201cexcess\u201d contributions are determined by the   contribution limit / 12 months, compared to your time eligible."}
{"_id": "1136", "title": "", "text": "I'm not sure what can be done about that unless you happen to be home every day? I'm gone 12 hours a day but fortunately (knock wood) we don't have a bad theft problem in my neighborhood.  I think ringing the doorbell is sufficient in that you can immediately go and get it."}
{"_id": "1144", "title": "", "text": "\"I mean the scripture was written and incorporated long after Roman adoption by Constantine.  Just because the republicans say that is their motivation doesn't mean it is objective. Policy research, the impact of Reganomics shows, and Kansas' own failed tax experiment over the last six years show that belief in \"\"free market\"\" is not a sound basis to make decisions which impact people's health and welfare. Actions have impacts and their belief and explanations do not align with reality.\""}
{"_id": "1145", "title": "", "text": "When I was in that boat a few years ago, I went for the car first.  My thoughts: If I get the car first, I'm guaranteed to have a car that runs well.  That makes it more convenient to commute to any job, or for social functions.  I ended up dropping about $20k into a car (paid cash, I don't like being in debt).  I chose to buy a really nice car, knowing it will last for many years to come - I'm expecting to not replace it for about 10 years from the purchase.  I would urge you to consider paying in full for the car; dumping $20k+ is a lot, and there are plenty of nice cars out there in the $10-20k range that will work just fine for years to come.  One benefit of paying in full is that you don't have a portion of your income tied into the car loan. The main reason I chose not to go for the house first had more to do with the difference in commitment.  A home mortgage is a 30-year commitment on a large chunk of your income.  With the job market and housing markets both currently working against you, it's better to wait until you have a large safety net to fall into. For example, it's always recommended to have several months worth of living expenses in savings.  Compared to renting, having 6 or more months of mortgage payments + utilities + insurance + property taxes + other mandatory expenses (see: food, gas) comes out to a significant amount more that you should have saved (for me, I'm looking at a minimum of about $20k in savings just to feel comfortable; YMMV).  Also, owning a house always has more maintenance costs than you will predict.  Even if it's just replacing a few light bulbs at first, eventually you'll need something major: an appliance will die, your roof will spring a leak, anything (I had both of those happen in the first year, though it could be bad luck).  You should make sure that you can afford the increased monthly payments while still well under your income. Once you're locked in to the house, you can still set aside a smaller chunk of your income for a new car 5-10 years down the road.  But if you're current car is getting down to it's last legs, you should get that fixed up before you lock yourself in to an uncomfortable situation. Don't be in too much of a hurry to buy a house.  The housing market still has a ways to go before it recovers, and there's not a whole lot to help it along.  Interest rates may go up, but that will only hurt the housing market, so I don't expect it to change too much for the next several months.  With a little bit of sanity, we won't have another outrageous housing bubble for many years, so houses should remain somewhat affordable (interest rates may vary).  Also keep in mind that if you pay less that 20% down on the house, you may end up with some form of mortgage interest, which is just extra interest you'll owe each month."}
{"_id": "1158", "title": "", "text": "The Kraemer and Kraemer Panama has a wide range of sorts of immigration in panama visas and residency programs offering perpetual residency, and by and large, full citizenship with an identification. Panama is universally perceived as the Top Offshore nation. It draws in individuals from everywhere throughout the world who are intrigued immigration in panama for Permanent Residency. They come to appreciate the remarkable advantages that exclusive Panama brings to the table. Some talented experts and specialists desire a vocation while others are setting up universal new companies."}
{"_id": "1164", "title": "", "text": "No such evidence exists, because many people do beat the market. And many people fail to earn market rate of return. The way you achieve the former is generally to take risks that also increase the likelihood of the latter. The amount of time and effort you invest may bias that result, but generally risk and potential reward tend to track pretty closely since everyone else is making the same evaluations. You can't prove a negative. We can't prove unicorns don't exist either. We can advise you that hunting for one is probably not productive; many others have been trying, and if there was one we'd probably have seen at least something that encourages us to continue looking. Not impossible, but the evidence is far from encouraging. Market-rate-of-return can be achieved fairy reliably with minimal risk and minimal effort, and at mostly long-term tax rates. I consider that sufficient for my needs. Others will feel otherwise."}
{"_id": "1167", "title": "", "text": "When brought for your every day habitual, vitamin C offers quite a number blessings, from nighttime out your skin tone, shielding skin from the visible influences of pollutants, substantially improving hydration, and keeping your pores and skin looking younger, longer. Regurlarly use of vitamin c serum for skin enhance  immune device and providing you with a brighten ahealthy pores and skin. Vitamin c serum for pores and skin is touted as an anti-getting older and anti-wrinkle cream. Many of those merchandise also fee an arm and a leg.  As we know that Vitamin c offers human frame an impotant role in keeping wholesome skins."}
{"_id": "1168", "title": "", "text": "All of our paper ways are safe; if they go away this society has much bigger problems than what your retirement account is worth. I more or less understand the idea of being backed by the full faith of the government to mean that the government will be around for my entire lifetime.   It is my opinion that everybody who suggests we invest in gold, whiskey, nickels (or to a lesser extent real estate) because the value of money is going to go away, are interested in survival in a Mad Mad apocalyptic world.  I very much doubt we get there, and if we did everybody who planned for it wasted their time. Therefore, invest in the traditional methods that are frequently discussed here.  Then invest in our society, then make sure you vote from a learned position to keep our society on track with sensible leaders who are above reproach."}
{"_id": "1173", "title": "", "text": "Consultant included a passing comment about whether companies were singular or plural. ... Writing about them as a Businesses plural entity seems oddly formal and doesn't look right at all. ... I had this scenario myself when referring to our own company name."}
{"_id": "1181", "title": "", "text": "It does.  Your kids won't care that at one point you had to wind a ring past numbers to dial someone on the phone or that the internet didn't exist or that no one had air conditioning or that food had to be run down and killed.  People just see what is, what others have, and want more from there."}
{"_id": "1198", "title": "", "text": "Yes, as long as you own the shares before the ex-dividend date you will get the dividends. Depending on your instructions to your broker, you can receive cash dividends or you can have the dividends reinvested in more shares of the company. There are specific Dividend ReInvestment Plans (or DRIPs) if you are after stock growth rather than income from dividend payments."}
{"_id": "1203", "title": "", "text": "When you want to short a stock, you are trying to sell shares (that you are borrowing from your broker), therefore you need buyers for the shares you are selling.  The ask prices represent people who are trying to sell shares, and the bid prices represent people who are trying to buy shares. Using your example, you could put in a limit order to short (sell) 1000 shares at $3.01, meaning that your order would become the ask price at $3.01.  There is an ask price ahead of you for 500 shares at $3.00.  So people would have to buy those 500 shares at $3.00 before anyone could buy your 1000 shares at $3.01. But it's possible that your order to sell 1000 shares at $3.01 never gets filled, if the buyers don't buy all the shares ahead of you.  The price could drop to $1.00 without hitting $3.01 and you will have missed out on the trade. If you really wanted to short 1000 shares, you could use a market order.  Let's say there's a bid for 750 shares at $2.50, and another bid for 250 shares at $2.49.  If you entered a market order to sell 1000 shares, your order would get filled at the best bid prices, so first you would sell 750 shares at $2.50 and then you would sell 250 shares at $2.49. I was just using your example to explain things.  In reality there won't be such a wide spread between the bid and ask prices.  A stock might have a bid price of $10.50 and an ask price of $10.51, so there would only be a 1 cent difference between putting in a limit order to sell 1000 shares at $10.51 and just using a market order to sell 1000 shares and getting them filled at $10.50. Also, your example probably wouldn't work in real life, because brokers typically don't allow people to short stocks that are trading under $5 per share. As for your question about how often you are unable to make a short sale, it can sometimes happen with stocks that are heavily shorted and your broker may not be able to find any more shares to borrow. Also remember that you can only short stocks with a margin account, you cannot short stocks with a cash account."}
{"_id": "1218", "title": "", "text": "Disputing the remark seems unlikely to move your score, since it is just that -- a remark.  It's hard to say whether the scoring models can/do read the remarks and incorporate them (somehow) into the scoring metric itself. Disputing the revolving account that should be reported as closed is a different matter.  The question there would be what the status of that account is/was.  In other words, is it showing as an open collection or some other status which would indicate the creditor still has a pending claim?  If so, disputing it might have some effect, although nobody would be able to tell you for certain or even how much your score might be affected. If, as you say, that account should have been part of the bankruptcy package then getting that corrected could be important enough to achieve what you're looking for.  You can try it and see, but even if the effect is minor, you still want your credit report to be a true reflection of the facts. I hope this helps. Good luck!"}
{"_id": "1219", "title": "", "text": "You can contribute to a Traditional IRA instead of a Roth.  The main difference is a contribution to a Roth is made with after tax money but at retirement you can withdraw the money tax free.  With a Traditional IRA your contribution is tax-deductible but at retirement the withdrawal is not tax free.  This is why most people prefer a Roth if they can contribute. You can also contribute to your work's 401k plan assuming they have one.  And you can always save for retirement in a regular account."}
{"_id": "1235", "title": "", "text": "From my blog's discussion on 2017 tax rates.  This is the final set of numbers. So, if you currently have, say $120K taxable income, every dollar above that starts getting taxed at 25%, until $153K, then 28%.  In other words, forecast your taxes based on the day job, but then the 1099 goes on top of that."}
{"_id": "1239", "title": "", "text": "If you know the amounts that were combined ($5,000 and $7,500 in your example) -- NOT the original loan amounts necessarily -- then you can calculate a payment schedule (in Excel, Google Sheets, online, etc.) using that amount and the interest rate.  You can then apply your payments ($100) to that payment schedule, making sure to either accrue interest if your $100 didn't cover the monthly payment, or pay down extra principal if your $100 more than covered the payment.   The outstanding principal is the amount left or remaining balance. A program like GnuCash or Quicken makes doing the payment schedule, and applying payments relatively easy to handle.  Spreadsheets will require you to have 36 lines (3 years x 12 months) of payment and recalculation detail, but that shouldn't be too much work. To be fair to your mother, make sure you include any partially accrued interest on the full balance when paying it off.  Or even better, include a full month's interest in the pay-off amount."}
{"_id": "1250", "title": "", "text": "\"A majority of employers view the:   >\"\"there weren't any jobs\"\"  excuse as *\"\"you weren't good enough for a job\"\"*. I'm not arguing that there aren't more workers than jobs, it's just that employers expect to get top talent for their dollar. Why snag someone who was/is unemployed (and hence undesirable), when you can potentially steal fresh employed talent from your competitors dealing a blow to their business and a boost to your own? That's the situation we have today in the labor market.  American society and the bootstrap mentality dictate that unemployment is the fault of the unemployed. I don't see how this recession has made any significant inroads towards changing this widely held (mis)conception.\""}
{"_id": "1252", "title": "", "text": "TK didnt lose investor tens of billions of dollars. Also, for the past several years the whole market rewards growth over earnings, so that helped guys like Musk and Kalanick quite a lot and to a lessor degree, Bezos and Reddings.       For all assets, investor profits come from either earnings or valuation growth and Kalanick provided quite a bit of the latter."}
{"_id": "1257", "title": "", "text": "Il y a tellement d'entreprises qui vendent des \u00e9quipements de restauration en ligne et vous devez v\u00e9rifier si les critiques de l'entreprise sont bonnes ou non. Vous pouvez acheter votre \u00e9quipement de restauration aupr\u00e8s de fournisseurs et grossistes. Le fournisseur de mat\u00e9riel de restauration devrait \u00e9viter de facturer fortement pour les services."}
{"_id": "1277", "title": "", "text": "Another option if it is available is a Roth 401k.  It is similar to a Roth IRA in that you pay taxes up front, but the withdrawals are tax free."}
{"_id": "1311", "title": "", "text": "You expect interest because you forgo the opportunity of using the money as well as the risk of losing the money if the borrower can not pay you back.  This is true also with gold - you would expect interest if you loaned someone your gold for a time period. When you deposit your money in the bank you are loaning your money to the bank who then loans the money to others.  This is how the bank is able to pay interest on your accounts."}
{"_id": "1315", "title": "", "text": "Set up budget categories.  Earmark your income as it is paid, for your budget categories.  Pay your bills and expenses.  For debts, pay the minimum on everything.  There will be an amount left once everything is budgeted.  That's the 'extra'.  Then focus on, in order of priority, the following: So, when your emergency fund is up to an appropriate level (3-6 months of living expenses as a rule of thumb, adjusted according to your comfort level).   Once you have your emergency fund started, budget at least enough toward your 401k to capture any matching offered by your employer. Then use the snowball plan to pay off your debts.  (From what your post says, this does not apply to you, but you may have some small credit card debts taht were not discussed).  Earmark the 'extra' for the smallest debt first.  When that debt is paid, the 'extra' grows by the minimum payment of the smallest.  Thus the snowball grows as you pay off debts. Once the debts are gone, reward yourself, within reason (and without going into debt). Now shift your extra into fully funding your retirement savings.  Consult a financial advisor to help you plan how to distribute your retirement savings across the available retirement savings types.  They can explain why it's good to have some of your retirement savings funded from after tax income.  They can help you find the balance between pre- and post-tax funded accounts.   Eventually, you may come to the point where you're putting the max allowed into your tax advantaged retirement accounts.  At your age, this is a significant achievement.  Anything left over after retirement savings is funded can be used for whatever you want.  If you choose wealth building, it can lead to financial independence. The first two should be a one time thing.  You can/should do more than one at a time.  The fourth one is optional, and should not be considered until 1 and 2 are completed, and 3 is maxed out. What you achieve is up to you.  Look up FIRE, or Financially independent, retire early.  There are groups of folks striving for this.  They share advice on frugal living and wealth building strategies.  The goal is to save enough capital to live off the passive income of interest and dividends.  Most of them seem to have pre-50 target ages.  At your age and income, you could hit a pre-40 goal.  But it takes commitment and a certain type of personality.  Not for me but it might be for you."}
{"_id": "1355", "title": "", "text": "Good god it's that expensive for CapIQ? Its pretty lame, I have to use it at work (large val shop), but its hit and miss. Have you tried Compustat or Factset? I've worked with both in the past, they seem cheaper and either may provide more reasonable pricing."}
{"_id": "1366", "title": "", "text": "If you can afford to put money in your 401(k) account, I would say at least you should invest enough to get your employer's matching fund. It's free money, why not get it?"}
{"_id": "1374", "title": "", "text": "I wouldn't be either but here's to hoping. I think a part of me just really wants that not to be true so I don't have to uninstall all my easy/cheap ride options.   But yeah if it does that shit will get uninstalled immediately too."}
{"_id": "1377", "title": "", "text": "\"I don't have a crystal ball but chances are your tenant is definitely lying. Rent was late and now the money intended to cover the rent; miraculously is lost in the mailbox. Anyhow, you were already nice to tolerate the late \"\"payment\"\". Keshlam's option 1.5 in the comments above is the ideal way to settle in which both parties have learned a lesson and are at a loss. Demand the rent payment but settle for half as a one time courtesy. If this continues or this tenant has shown shady predicaments such as this, you should look for legal means to evict this tenant.  College students are very creative and who's to say this won't happen again? \"\"The neighbors dog took my wallet.\"\"\""}
{"_id": "1392", "title": "", "text": "The bigger question in the US is perhaps why the cost per kWh is twice as high in New York as it is in Washington state.  It may have quite a bit to do with taxes and regulation compliance and a lot less with natural factors in the market (cost of producing and transmitting power)."}
{"_id": "1394", "title": "", "text": "What you are looking for is travel insurance. I have never heard of this being offered as a credit card perk, but there might be something out there.  You can buy this separately, but only you can decide if it is worth the costs. To me, it would seem to only be worth it for something quite expensive, like a cruise that costs thousands of dollars. The more you travel, the less likely it is to be worth it, since at some point the cost of one canceled trip is less than the insurance paid on the rest of the trips that went through fine. As a frequent traveller, I recommend that you build some flexibility into your plans, especially during the winter. It is not always possible, but try not to need to be somewhere the day of or the day after your flight.  Try to book flights early in the day, as they are less likely to be delayed by problems in flights before them, and you have more options for rebooking. Flight delays due to weather and mechanical problems are not uncommon, and with generally full flights it is sometimes hard to be rebooked in a reasonable amount of time.  Finally, be nice to the gate agents and other airline personel.  In general, they aren't any happier about delays than you are (flight crews want to get home too) and don't have any power over weather or mechanical delays.  Being rude to them will not help, and will make them less likely to go out of their way to find a solution. Be assertive in asking for what you want, but a smile and a kind word goes a long way."}
{"_id": "1398", "title": "", "text": "I would be weary using Yelp. I've read several stories of people being screwed over by them. For example, a company would have 10 five star reviews and one 2 star review. Yelp would only show the 2 star review on the company's main page, and would contact the business owner saying for a fee they would make the 5 star ratings show on the main page instead of the 2. Very shady but not illegal since you are opting in to use their service."}
{"_id": "1402", "title": "", "text": "After their residency, doctors aren't OVERWORKED, they just work hard, like most other professions, and don't have time to perform their own clinical studies to vet the medications that are provided for them to prescribe. No hospital/practice/doctor has time for that except maybe a very select few.  The only law against nurses that I'm aware of (I'm sure there are others so feel free to fill me in) is the one that requires that there be physician oversight for certain procedures, which makes sense because if doctors weren't necessary for anything except surgery, there would be no doctors except surgeons.  And the limit on medical schools is a fascinating point. I hadn't heard about that, and I think that it's quite bad for costs. The only upside is that it ensures that the quality of doctors stays as high as possible, but I can see how that comes at a serious cost."}
{"_id": "1416", "title": "", "text": "I've never needed body parts in the 7 years I've owned it, so I don't know.  But mechanical parts are the same as any other car; nearly all are available within a few days at most, but for the rare parts that have to be special-ordered from Germany, up to 2 weeks."}
{"_id": "1452", "title": "", "text": "I don't understand your question. What the article is talking about is a bit more than circulating money indiscriminately. It is saying that by circulating more of it to rich and less to the poor will result in less growth overall, which I think we can all agree is a bad thing."}
{"_id": "1462", "title": "", "text": ">[**\u041d\u043e\u0432\u044b\u0439 \u0438\u043d\u0432\u0435\u0441\u0442 \u043f\u0440\u043e\u0435\u043a\u0442 Cpamaxpro ! \u0414\u0435\u043f 25 $ ! \u0418\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u0438 \u0432 \u0445\u0430\u0439\u043f \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445? \u0417\u0430\u0440\u0430\u0431\u043e\u0442\u043e\u043a \u0441 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u044f\u043c\u0438 [6:17]**](http://youtu.be/wrJvG68lpjo)  >>\u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0435:  > [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^& ^Blogs  >*^1 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "1472", "title": "", "text": "\"From what I've heard in the past, debt can be differentiated between secured debt and unsecured debt.   Secured debt is a debt for which something stands good such as a mortgage on your house.  You have a debt, but that debt is covered by the value of an asset and if you needed to free yourself of the debt, then you could by selling that asset.   This is what is known as \"\"good\"\" debt.   Unsecured debt is debt that is incurred where the only thing that is available to pay it back is your income.  An example of this is credit card debt where you purchase something that couldn't be sold again to pay off the debt.   This is know as \"\"bad\"\" debt. You have to be careful about thinking that house debt is always \"\"good\"\" debt because the house stands good for it though.  The problem with that is that the house could go down in value and then suddenly your \"\"good\"\" debt is \"\"bad\"\" debt (or no longer secured).  Cars are very risky this way because they go down in value.  It is really easy to get a car loan where before long you are upside down.    This is the problem with the term \"\"good\"\" debt. The label makes it sound like it is a good idea to have that debt, and the risk associated with having the debt is trivialized and allows yourself to feel good about your financial plan.  Perhaps this is why so many houses are in foreclosure right now, people believed the \"\"good\"\" debt myth and thought that it was ok to borrow MORE than the home was worth to get into a house.  Thus they turned a secured debt into an unsecured debt and put their residence at risk by levels of debt they couldn't afford. Other advice I've heard and tend to agree with, is that you should only borrow for a house, an education and maybe a car (danger on that last one), being careful to buy a modest house, car etc that is well within your means to repay.   So if you do have to borrow for a car, go for basic transportation instead of the $40,000 BMW.  Keep you house payment less than 1/4th of your take home pay. Pay off the school loans as quickly as possible. Regardless of the label, \"\"good\"\" \"\"bad\"\" \"\"unsecured\"\" \"\"secured\"\", I think that less debt is better than more debt.   There is definitely such a thing as too much \"\"good\"\" debt!\""}
{"_id": "1506", "title": "", "text": "I am not a lawyer, but the big thing to consider would be how you would split the money should either of you decide you want to close the account (or, at least her/his portion of the account).  I suspect you'd also need to determine how to split the capital gains/losses for tax purposes.  I can't really see any benefit to a joint account, unless you needed her money to qualify for some of the lower cost funds, and even then the difference in cost would be fairly low, much lower than the cost of having to potentially hire a lawyer to sort out all the questions."}
{"_id": "1519", "title": "", "text": "\"Not knowing anything about your situation or what makes it so complex, I would have to agree with the other commenters.  If your accountant screws up your business goes under, but at least your personal finances are safe from that and you'll recover (unless all your wealth is tied up in your business).  If your virtual assistant uses your personal information to take all your money, ruin your credit, or any number of other things, you're going to spend a loooong time trying to get things \"\"back to normal\"\". If the few hours per month spent managing your finances is starting to add up, I might suggest looking into other ways to automate and manage them.  For instance, are all of your bills (or as many as you can) e-bills that can be issued electronically to your bank?  Have you set up online bill pay with your bank, so that you can automatically pay all the bills when they arrive?  Have you tried using any number of online services (Mint, Thrive, your bank's \"\"virtual wallet/portfolio\"\") to help with budget, expense tracking, etc.? Again, I don't know your exact situation, but hopefully some of these suggestions help.  Once I started automating my savings and a lot of my bill paying, it gave me a lot of peace of mind.\""}
{"_id": "1528", "title": "", "text": "I have loved using AirBnB. I have found it easier to hire a maid to clean and it has been extremely financially advantageous for me.  Be sure to check out out regulations in your area regarding AirBnB.  I spoke with a personal advisor before I used AirBnB just to be sure that it would not affect my insurance, property taxes, as well income tax. It was very helpful to take this step before becoming a host!"}
{"_id": "1531", "title": "", "text": "\"In the strictest sense of the words, Freehold and leasehold mean what you think they do. Freehold is that you own it outright and leasehold is a rental situation. That being said, there are scenarios like what Peter K. mentioned in his comment, where you're purchasing the building and business outright, but the land it sits on is actually being leased from a separate land-owner.  You may also be seeing the business itself being offered as freehold or leasehold. In this case, you may be purchasing the business of the pub from a pub company, but the building the pub resides in is leased from a property owner. The \"\"pub\"\" would be the business plan, decor, alcohol partnerships, etc. but not the physical structure in which it resides.  You should really look into hiring an Estate Agent to help you find what you're looking for. They will be able to assist in narrowing down your list, and may know of opportunities you're not seeing in ads.\""}
{"_id": "1532", "title": "", "text": "\"You're acting like my comments are inconsistent. They're not.  I think bitcoin's price is primarily due to Chinese money being moved outside of China. I don't think you can point to a price chart and say \"\"Look, that's the Chinese money right there, and look, that part isn't Chinese money\"\". That's what I said already.\""}
{"_id": "1562", "title": "", "text": "But now you're suggesting that the losses made by Starbucks are all because of expenses made by expanding into the market. If that were the case, then, well, I doubt the management would think the UK branch is operating on a healthy basis.  Also, the point the article is trying to make is the losses are *not* just from expansion into the market. No, Starbucks in the UK is healthy and profitable, and the debt costs are inflated by bringing in debt from abroad; debt that has nothing to do with the operating and expansion costs made in the UK, and yet it lowers their tax rate.  This moving around of debt is a scheme only suitable for large multinationals, and I think it's very fair to ask if your tax system should allow such practices. After all, the smaller coffee guy on the corner or your local three-store branches don't have the ability to perform such write-offs, and therefore pay a significantly larger tax cut."}
{"_id": "1565", "title": "", "text": "Yes, it's a risk. To put it in perspective, If we look at the data for S&P returns since 1871, we get a CAGR of 10.72%. But, that comes with a SDev (Standard deviation) of 18.67%. This results in 53 of the 146 years returning less than 4%.  Now if we repeat the exercise over rolling 8 year periods, the CAGR drops to 9.22%, but the SDev drops to 5.74%. This results in just 31 of the 139 periods returning less than 4%. On the flip side, 26 periods had an 8 year return of over 15% CAGR.  From the anti-DS article you linked, I see that you like a good analogy. For me, the returns of the S&P over the long term are like going to Vegas, and finding that after you run the math of their craps (dice rolling game) you find the expected return is 10%. You can still lose on a given roll. But over a series of a larger number of rolls, you're far ahead.  To D Stanley - I agree that returns are not quite normal, but they are not so far off. Of the 139 rolling returns, we'd expect about 68% or 95 results to be 1 SDev away. We get 88 returns +/-1SDev. 2 SDevs? We'd expect only 5% to lie outside this range, and in fact, I only get one result on the low side and 4 on the high side, 5 results vs the 7 total we'd expect. The results are a bit better (more profitable) than the Normal Bell Curve fit would suggest."}
{"_id": "1577", "title": "", "text": "If I buy VUSA from one exchange, can I sell it in a different exchange, assuming my brokerage account lets me trade in both exchanges? Or is it somehow tied to the exchange I bought it from? This doesn't happen for all securities and between all stock exchanges. So that is dependent on broker and country. I checked for VUSA with Selftrade. They categorically refused allowing me to trade in VUSA in different exchanges. I can only buy and sell in same currency only, albeit sell(buy) in the same exchange where I buy(sell) from. Should be the same behaviour for all brokers for us mere mortals, if you are a bank or a millionaire than that might be a different question.  The VUSA you quote is quoted in GBP in LSE and in EUR in AEX, and the ETF has been created by an Irish entity and has an Irish ISIN.  As Chris mentioned below, happens between US and Canadian exchanges, but not sure it happens across all exchanges. You cannot deal in inter-listed stocks in LSE and NYSE. Since it's the same asset, its value should not vary across exchanges once you compensate for exchange rates, right? Yes, else it opens up itself for arbitrage (profit without any risk) which everybody wants. So even if any such instance occurs, either people will exploit it to make the arbitrage profit zero (security reflects the equilibrium price) or the profit from such transaction is so less, compared with the effort involved, that people will tend to ignore it. Anyways arbitrage profit is very difficult to garner nowadays, considering the super computers at work in the market who exploit these discrepancies, the moment they see them and bring the security right to the zero arbitrage profit point. If there's no currency risk because of #2, what other factors should I consider when choosing an exchange to trade in? Liquidity? Something else? Time difference, by the time you wake up to trade in Japan, the Japanese markets would have closed. Tax implications across multiple continents. Law of the land, providing protection to investors. Finding a broker dealing in markets you want to explore or dealing with multiple brokers. Regulatory headaches."}
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{"_id": "1642", "title": "", "text": "\"During Graham's career, gold and currency were the same thing because of the gold standard. Graham did not advise investing in currencies, only in bonds and stocks, the latter only for intelligent speculation. Graham died a couple of years after Nixon closed the gold window, ending the gold standard.  Gold may be thought of as a currency even today, as endowments and other investors use it as a store of value or for diversification of risks. However, currency or commodities investing does not seem Graham-like. How could you reliably estimate intrinsic value of a currency or commodity, so that you can have a Graham-like margin of safety after subtracting the intrinsic value from the market value?  Saying that gold is \"\"clearly underpriced in today's market\"\" is just hand-waving. A Graham analysis such as \"\"net net\"\" (valuing stocks by their current tangible assets net of all liabilities) is a quantitative analysis of accounting numbers audited by CPAs and offers a true margin of safety.\""}
{"_id": "1656", "title": "", "text": "Many partnership agreements include a shotgun clause: one person sets a price, the other can either buy at that price or sell at it. It's rather brutal. You can make offers that you know are less than the company is worth if you're sure the other person will have to take that money from you, say if you know they can't run the company without you.  He has asked for $X to be bought out, and failing that he would like to keep owning his half and send his wife (who may very well be competent, but who among other things has a very ill husband to deal with) to take his place. If he can occasionally contribute to the overall vision, and she can do the day to day, then keeping things as they are may be the smart move. But if that's not possible, it doesn't mean you have to buy him out for twice what you think it's worth.  In the absence of a partnership agreement, it's going to be hard to know what to do. But one approach might be to pretend there is a shotgun clause. Ask him, if he thinks half the company is worth $X, if he's willing to buy you out for that price and have his wife run it without you. He is likely to blurt out that it isn't worth that and she can't do that.  And at that point, you'll actually be negotiating."}
{"_id": "1666", "title": "", "text": "\"http://www.investopedia.com/articles/mortgages-real-estate/08/tax-deductible-mortgage-canada.asp  > This strategy is not for everyone. Borrowing against your home is psychologically difficult, and if the investments don't yield expected returns, this strategy could yield negative results. By re-borrowing the equity in your home, you are also removing your \"\"cushion\"\" of safety if the real estate (or investment) markets take a turn for the worse. By creating an income-producing portfolio in an unregistered account, there can also be additional tax consequences - so always consult with a professional financial advisor to determine whether this strategy is for you, and if it is, have it tailor-made to you and your family's personal financial situation.\""}
{"_id": "1670", "title": "", "text": "\"I can't tell if you're just very stupid, young, or trolling.  You insist that if we don't like taxes we can just, \"\"go to Somalia.\"\" WHICH IS NOT TRUE. Even if I did simply want to stop being American and live in Somalia I still have to pay taxes.  If it was totally free to leave you'd have a point - that I'm opting in to being here after the fact by not leaving. But that's just not the case. There is a real cost to leaving and renouncing citizenship and thus there is an aspect of being under duress to this \"\"agreement\"\" you claim we make.  Edit: Do you seriously not understand that these are exit taxes that I am talking about and not your regular income/property/whatever taxes?\""}
{"_id": "1681", "title": "", "text": "If you just make a capital contribution to the company it is not a taxable event.  If you're the owner, lending only makes sense if you want the company to pay you interest (if you have partners who aren't lending money, for example) and you want to be compensated for lending, a loan would allow that. But the interest is taxable as income to you (1099-int) and the company can expense it. But a capital contribution is much easier and you can take a distribution later to get paid back. Neither event is taxed, but you cannot take interest."}
{"_id": "1699", "title": "", "text": "\"The TWRR calculation will work even with negative values: TWRR = (1 + 0.10) x (1 + (-0.191) ) x (1 + 0.29) ^ (1/3) = 1.047 which is a 4.7% return. Your second question concerns the -19% return calculated for the second quarter.  You seem to think this return is \"\"way-off\"\".  Not really.  The TWRR calculates a return by accounting for cash that was added or deducted to/from the account.  So if I started with $100,000, added $10,000 to the account, and ended up with $110,000, what should be the return on my investment?  My answer would be 0% since the only reason my account balance went up was due to me adding cash to it.  Therefore, if I started with $100,000, added $10,000 in cash to the account, and ended up with $100,000 in my account, then my return would be a negative value since I lost the $10,000 that I deposited in the account. In the second quarter you started with $15,000, deposited $4,000, and ended with $15,750.  You essentially lost almost all of the $4,000 you deposited.  That is a significant loss.\""}
{"_id": "1705", "title": "", "text": "\"Yes, your tax bracket is 25%.  However, that doesn't mean that your take home pay will be 75% of your salary.  There is much more that goes into figuring out what your take home pay will be. First, you have payroll taxes.  This is often listed on your pay stub as \"\"FICA.\"\"  The Social Security portion of this tax is 6.2% on the first $118,500 of your pay and the Medicare portion is another 1.45% on the first $200,000.  (Your employer also has to pay additional tax that does not appear on your stub.)  So 7.65% of your salary gets removed off the top. In addition to the federal income taxes that get withheld, you may also have state income taxes that get withheld.  The amount varies with each state. Also, the 25% tax bracket does not mean that your tax is 25% of your entire salary.  You step through the tax brackets as your income goes up.  So part of your salary is taxed at 10%, part at 15%, and the remainder is at 25%. The amount of federal income tax that is withheld from your paycheck is really a rough estimate of how much tax you actually owe.  There are lots of things that can reduce your tax liability (personal exemptions, deductions, credits) or increase your tax (investment income, penalties).  When you do your tax return, you calculate the actual tax that you owe, and you either get a refund if too much was taken out of your check, or you need to send more money in if too little was taken out.\""}
{"_id": "1756", "title": "", "text": ">While there is truth to this guidance, it fails to take into account that the human body continues to fight against weight loss long after dieting has stopped.  But isn't that the wrong mentality? It's about altering your diet for life, not 'dieting' for a period of time."}
{"_id": "1766", "title": "", "text": "Bank A only care about the credit limit at Bank B when determining the maximum amount of credit they will grant you.  In theory you might be able to convince them that by cancelling the other card they should increase the limit on their card.  Of course since you owe too much money to do a balance transfer before the cancelling of a card you will need them increase the limit first. They will have to decide if your income, credit usage history, credit core, and age of your account with them justifies the increase. I don't think you have a good plan for using the increased debt, it is way to risky. But if you have enough income to save 3K a month you might be a good candidate for a higher credit limit."}
{"_id": "1789", "title": "", "text": "\"1. So who created the income noted in the photo to give to \"\"you\"\"?  2.  Cut it any way you want but this is top down control that decides how much and who get goods and services. Freedom and liberty ?  Meh.   Would this writer even have a job commenting in a system he is proposing?\""}
{"_id": "1802", "title": "", "text": "Planning for outdoor event, we can make it clean & success by our best portable toilets, portable restrooms, bathrooms perfect all outdoor events. If you are planning for any open air event, contact us portable sanitation or washroom. Give us a chance to offer you better services and products on rent to make events more memorable and successful."}
{"_id": "1852", "title": "", "text": "\"One of the very best case studies of the dangers of sacrificing product quality for profit, [Schlitz Brewing Company](http://en.wikipedia.org/wiki/Joseph_Schlitz_Brewing_Company) was [on the fortune 500 at one time](http://money.cnn.com/magazines/fortune/fortune500_archive/snapshots/1969/3214.html). In the 70's, Schlitz management [decided to make some changes to their beer to increase profit margins.](http://www.beerconnoisseur.com/the-fall-of-schlitz) They changed the fermentation process to a faster one, started using corn syrup instead of malt, and used hop pellets instead of fresh hops. They used unusual additives to compensate, which under certain circumstances make the beer the consistency of \"\"snot.\"\" Short-term profits went up, long-term customers stopped buying the beer.    But if you want more modern examples, here are three from the [full list of 2012 fortune 500 companies](http://money.cnn.com/magazines/fortune/fortune500/2012/full_list/):  * [Morgan Stanley](http://en.wikipedia.org/wiki/Morgan_Stanley#Controversies_and_lawsuits) - responsible for global economic crash, sold financial products to customers while quietly betting against them. * Bank of America - doubles interest rates on customers in good standing and now charges fees for everything, including talking to a teller. * General Motors - now builds cars with interiors made mostly of cheap plastic.  edit: fixed link\""}
{"_id": "1873", "title": "", "text": "\"I expect the company wanted to pay you for a product (on a purchase order) rather than as  a contract laborer. Whatever. Would they be willing to re-issue the check to you as a sole proprietor of a business named ABC Consulting (or anything like that)? You can register your sole proprietor business with the state using a \"\"Doing Business As\"\" (DBA, or fictitious name), and then open the bank account for your business using the check provided by the customer as the first deposit. (There is likely a smaller registration fee for the DBA.) If they won't re-issue the check and you have to go the LLC route... Scrounge up $125 doing odd jobs or borrowing from a friend or parents. Seriously, anyone can earn that amount of money in a week or two. Besides the filing fee for the LLC, your bank may require you to provide an Operating Agreement (which is not required by the State). The Operating Agreement can be simple, or more complex if you have a partner (even if it's a spouse). If you do have a partner, it is essential to have such an agreement because it would specify the responsibilities and benefits allocated to each partner, particularly in the event of equity distributions (taking money out of the business, or liquidating and ending the LLC). There are websites that will provide you a boilerplate form for Operating Agreements. But if your business is anything more than just single member LLC, you should pay an attorney to draw one up for you so the wording is right. It's a safeguard against potential future lawsuits. And, while we're at it, don't forget to obtain a EIN (equivalent to a SSN) from the IRS for your LLC. There's no cost, but you'll have to have it to file taxes as a business for every year the LLC exists and has income. Good luck!\""}
{"_id": "1897", "title": "", "text": "Wire transfers normally run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). The process generally works like this: You approach a bank or other financial institution and ask to transfer money. You give the bank a certain code, either an international bank account number or one of several other standards, which informs the bank where to send the money.  The bank sends a message through a system like Fedwire to the receiving bank, along with settlement instructions.  This is where the process can get a bit tricky. For the wire transfer to work, the banks must have reciprocal accounts with each other, or the sending bank must send the money to a bank that does have such an account with the receiver. If the sending bank sends the money to a third-party bank, the transaction is settled between them, and the money is then sent to the receiving bank from the third-party bank. This last transaction may be a wire transfer, ACH transfer, etc.  The Federal Reserve fits into this because many banks hold accounts for this purpose with the Federal Reserve. This allows them to use the Fed as the third-party bank referred to above. Interestingly enough, this is one of the significant ways in which the Fed makes a profit, because it, along with every other bank and routing agent in the process, collects a miniscule fee on this process.  You'll often find sources that state that Fedwire is only for transferring large transactions; while this is technically correct, it's important to understand that financial institutions don't settle every wire transfer or payment immediately. Although the orders are put in immediately, the financial institutions settle their transactions in bulk at the end of the business day, and even then they normally only settle the difference. So, if Chase owes Bank of America $1M, and Bank of America owes Chase $750K, they don't send these as two transactions; Chase simply credits BAC $250K.  You didn't specifically ask about ACH transfers, which as littleadv pointed out, are different from wire transfers, but since ACH transfers can often form a part of the whole process, I'll explain that process too. ACH is a payment processing system that works through the Federal Reserve system, among others. The Federal Reserve (through the Fedline and FedACH systems) is by far the largest payment processor.  The physical cash itself isn't transferred; in simple terms, the money is transferred through the ACH system between the accounts each bank maintains at the Federal Reserve.  Here is a simple example of how the process works (I'm summarizing the example from Wikipedia). Let's say that Bob has an account with Chase and wants to get his paycheck from his employer, Stack Exchange, directly deposited into this account. Assume that Stack Exchange uses Bank of America as their bank.  Bob, the receiver, fills out a direct deposit authorization form and gives it to his employer, called the originator. Once the originator has the authorization, they create an entry with an Originating Depository Financial Institution, which acts as a middleman between a payment processor (like the Federal Reserve) and the originator. The ODFI ensures that the transaction complies with the relevant regulations. In this example, Bank of America is the ODFI.  Bank of America (the ODFI) converts the transaction request into an ACH entry and submits it, through an ACH operator, to the Receiving Depository Financial Institution (RDFI), which in this case is Chase bank. Chase credits (deposits) the paycheck in Bob's account.  The Federal Reserve fits into all of this in several ways. Through systems like Fedline and FedACH, the Fed acts as an ACH operator, and the banks themselves also maintain accounts at the Federal Reserve, so it's the institution that actually performs the settling of accounts between banks."}
{"_id": "1900", "title": "", "text": ">If nothing else, Sears is where you go for tools. No tools that are not made in the U.S., and nothing that isn't Craftsman unless absolutely necessary.   Sears doesn't own Craftsman anymore. Sold it to Stanley Black & Decker in March."}
{"_id": "1907", "title": "", "text": "For this scheme to work, you would require an investment with no chance of a loss. Money market accounts and short-term t-bills are about your only options. The other thing is that you will need to be very careful to never miss the payment date. One month's late charges will probably wipe out a few months' profit. The only other caveat, which I'm sure you've considered, is that having your credit maxed out will hurt your credit score."}
{"_id": "1917", "title": "", "text": "Are you fucking stupid or just retarded?  There isn't another country in the world remotely with the size of economy we have or that are starting wars like we are.  Do you understand that wars are 10-15 year commitments with tens of trillions ~~wasted ~~ stolen ?  I'm not going to argue with the flat earth society.. go troll someone else with your fantasy arguments."}
{"_id": "1926", "title": "", "text": "as a past intern:  * don't bring an attache  * don't wear a suit, unless you're expected to, or for certain events (clients/big meetings/events/etc). * look around you. your team/floor doesn't wear ties. don't wear a tie (unless for something like #2). Same for suits, etc.. I mean you can wear anything you want, but don't over do it. this also should go with time you arrive and time you leave. try to mimic your team. obviously as an intern you don't need to stay until 8pm. typical hours are 9-6 depending on your area/team. don't be the intern leaves right when it hits 5:00pm...this ain't a shop rite shift. your hours depend on your work and how ahead/behind you are. * don't be afraid to ask questions. you *should* ask questions. just don't over do it. these people are very busy. * be respectful * go to events with your fellow interns. be social. be nice. * don't get too wasted at networking events * don't get too stressed out. its just a job, its not life and death. unless you really mess up, chances are you'll get an offer letter at the end of the summer. * *try* to stay off reddit :) * have fun."}
{"_id": "1937", "title": "", "text": "When I had a high-deductible healthcare plan, I used http://www.ehealthinsurance.com/ to do comparisons among the plans.  As far as comparing the costs of specific procedures across providers, I'm not aware of any good ways either."}
{"_id": "1941", "title": "", "text": "\"> What kind of bullshit is this?     >> Between October 2008 and July 2014 the working age population grew by 13.4 million persons  I'll explain about what kind it is.    The working age population is defined as [The civilian noninstitutional population consists of persons 16 years of age and older residing in the 50 States and the District of Columbia who are not inmates of institutions \\(for example, penal and mental facilities and homes for the aged\\) and who are not on active duty in the Armed Forces.](http://www.bls.gov/lau/rdscnp16.htm#cnp)  Note that there is no upper age limit on this \"\"working age population\"\".  The large majority of people are retired by the time they are 65.  The labor force participation rate for the 65 & up group is under 20%.  So how much did the population aged 16-64 grow from Oct 2008 to July 2014?  By 5.8 million.\""}
{"_id": "1944", "title": "", "text": "NYC ban is not the same as the state wide ban. Sorry you can't comprehend the difference between a state and a city.  Also, you might find this interesting as once again your completely and fucking utterly wrong :  https://www.google.com/amp/reason.com/blog/2017/01/02/despite-ban-new-york-city-had-more-airbn/amp  Now, let's imagine a world where you're actually right, and NYC fines and policing some how stopped people from listing their places; this is still one single city amongst tens of thousands where it's illegal, yet there are millions of listings in total in those cities.  So your argument is as dumb as a flat earthier or climate denier... Your one example doesn't event back you up, and even if it did it's counters to tens of thousands of example that prove you're wrong."}
{"_id": "1953", "title": "", "text": "Go google their bank accounts. What the fuck do you think 'profit' is? It's left over money after you pay out.   Money NOT spent. The fuck? Money stacked quarter on quarter year on year. All of apples 300b isn't overseas and it's not spent benefiting America."}
{"_id": "1962", "title": "", "text": "\"You need a license/registration to be a \"\"conventional\"\" financial planner.  But as long as your work is limited to budgets, and cash flow analysis, it may be more like accounting. In your shoes, I would consult the local CPA association about what you need (if anything) to do what you're doing.\""}
{"_id": "1982", "title": "", "text": "Left out, of course, is the fact that this is Argentina's eighth default, because its policymakers are complete nincompoops, and the fact that, instead of not paying anybody by complying with the ruling, it could probably have struck a deal with NML to pay them the principal and interest (or a bit less, if they were decent negotiators) by waiting until December when a bond clause expires that states Argentina can't willingly pay less to some creditors than others. The blame isn't all Argentina's, but there's a reason why this sort of stuff doesn't happen in literally any other country in Latin America on such a regular basis."}
{"_id": "1986", "title": "", "text": "\"> We may have an oversupply of retail square footage  True, but many will be repurposed into \"\"showrooms\"\". The future of retail still includes brick and mortar. Consumers still prefer the sensory experience- the sense of touch for many shopping sectors. So, what we may find is the customer can go to the store, see the item, but the item will be delivered same day or next day to the customer's home. This will allow the store to have smaller spaces as they dont need to carry tons of inventory as a local warehouse will have the inventory. The store exists as a showroom to showcase the product and it could also be a place for the customer to pick up or drop off some items. The buzz word right now is \"\"experiential\"\". Stores need to be able to provide experiences that digital stores cannot provide. When I first heard the word \"\"experiential\"\", I immediately thought about now closed Sports Authority. Every time I went there, the store had tons of square footage, but it was mostly filled with clothing, sport wear, sports equipment that I can find at Walmart or Target, or I could order it from Amazon.  There was absolutely no differentiator. Looking back, the stores I have been to always had so much square footage that there could have been a mini rock climbing gym, simulation activities with tennis, golf, etc. Those are experiences that can just continually draw people, especially kids. If retail does not provide experiences like that, it will die.\""}
{"_id": "2003", "title": "", "text": "\"While I haven't experienced being \"\"grad student poor\"\" myself (I went to grad school at night and worked full-time), I would shoot for 10-20% per month ($150-$300).  This depends of course on how much you currently have in savings.  If it isn't much, you might want to attempt a higher savings percentage (30-40%). If you can move to a less-expensive place, do that as soon as you can.  It's your largest expense; any place you can spend less on than $900 creates instance savings without having to sacrifice what you categorize as living expenses.\""}
{"_id": "2018", "title": "", "text": "\"As i see it, with a debit card, they   are taken kinda out of the game. They   are not lending money, it seems really   bad for them. Not exactly. It is true that they're not lending money, but they charge a hefty commission from the retailers for each swipe which is pure profit with almost no risk. One of the proposals considered (or maybe approved already, don't know) in Congress is to cap that hefty commission, which will really make the debit cards merely a service for the checking account holder, rather than a profit maker for the bank. On the other hand, it's   definitely good for individuals. I disagree with that. Debit cards are easier to use than checks, but they provide much less protection than credit cards. Here's what I had to say on this a while ago, and seems like the community agrees. But, why do we really need a credit   history to buy some of the more   expensive stuff Because the system is broken. It rewards people in debt by giving them more opportunities to get into even more debts, while people who owe nothing to noone cannot get a credit when they do need one. With the current system the potential creditor can only asses the risk of someone who has debt already, they have no way of assessing risks of someone with no debts. To me, all this credit card system   seems like an awfully nice way to make   loads of money, backed by governments   as well. Well, credit cards have nothing to do with it. It's the credit scores system that is broken. If we replace the \"\"card\"\" with \"\"score\"\" in your question - then yes, you're thinking correctly. That of course is true for the US, in other countries I have no knowledge on how the creditors assess the risks.\""}
{"_id": "2020", "title": "", "text": "\"The founders almost certainly owe tax on the \"\"income\"\" represented by the rent they aren't being charged. It isn't clear whether the corporation also owes income tax on the rent it is not receiving back from them. You definitely want advice from a paid tax accountant, not least because that helps protect everyone should this arrangement be challenged.\""}
{"_id": "2025", "title": "", "text": "\"It's not usually apparent to the average consumer, but there's actually two stages to collecting a payment, and two ways to undo it.  The particular combination that occurs may lead to long refund times, on top of any human delays (like Ben Miller's answer addresses). When you pay with a credit card, it is typically only authorized - the issuing bank says \"\"I'm setting this money aside for this transaction\"\", but no money actually changes hands.  You'll typically see this on your statement as a \"\"pending\"\" charge.  Only later, in a process called \"\"settlement\"\", does your bank actually send money to the merchant's bank.  Typically, this process starts the same day that the authorization happens (at close of business), but it may take a few days to complete.  In the case of an ecommerce transaction, the merchant may not be allowed to start it until they ship whatever you ordered. On the flip side, a given transaction can be voided off or money can be sent back to your card.  In the first case, the transaction will just disappear altogether; in the second, it may disappear or you may see both the payment and the refund on your statement.  Voids can be as fast as an authorization, but once a transaction has started settlement, it can't be voided any more.  Sending money back (a \"\"refund\"\") goes through the same settlement process as above, and can take just as long. So, to specifically apply that to your question: You get the SMS when the transaction is authorized, even though no money has yet moved.  The refund money won't show up until several days after someone indicates that it should happen, and there's no \"\"reverse authorize\"\" operation to let you or your bank know that it's coming.\""}
{"_id": "2034", "title": "", "text": "Before everyone says he should just stay home, think of a one car household, much more likely in a rising market. Be trapped at home all night, or do one or two things you don't like along with that shopping that you needed to do anyway.   TL;DR: You get dragged places if you have only one car."}
{"_id": "2035", "title": "", "text": "A system for monitoring, processing and storing operating parameters of a boiler room. A sonar gauge for measuring the level of liquid fuel in a storage tank, thermocouples to measure temperatures at varous points in the boiler room, and means to monitor the operating status of boiler room equipment are provided. Means to convert to digital data, store and analyze the digital data, and transmit the digital data to a remote location are provided.  Inventor: Jeffrey Solomon Primary Examiner: S. A. Melnick Current U.S. Classification: 702/54; 122/448.1; 237/8.00A International Classification: G06F 1574  View patent at USPTO Search USPTO Assignment Database Citations Cited Patent Filing date Issue date Original Assignee Title US3873817 May 4, 1972 Mar 2, 1975  LPT(I)SIH US4275382 Jul 18, 1979 Jun 23, 1981  Apparatus for monitoring and controlling vessels containing liquid US4373662 Oct 17, 1980 Feb 15, 1983 Honeywell Inc. Integrated control system using a microprocessor US4403296 Dec 18, 1980 Sep 6, 1983 Electromedics, Inc. Measuring and determination device for calculating an output determination based on a mathematical relationship between multiple different input responsive transducers US4433646 Sep 16, 1982 Feb 28, 1984 The Babcock & Wilcox Company Boiler water trip system US4486625 Sep 29, 1982 Dec 4, 1984 Clear Meadow Research Co. Computerized measurement response system US4487065 Mar 7, 1983 Dec 11, 1984 Cypher Systems Storage tank level monitoring apparatus and method therefor US4577270 Oct 5, 1984 Mar 18, 1986 Hitachi, Ltd. Hitachi Engineering Co., Ltd. Plant control method US4598668 Jan 9, 1985 Jul 8, 1986 Energy Systems and Service Corp. Apparatus for efficiently controlling the operation of parallel boiler units US4601201 Mar 7, 1985 Jul 22, 1986 Tokyo Tatsuno Co., Ltd. Liquid level and quantity measuring apparatus US4602344 Oct 25, 1984 Jul 22, 1986 Air Products and Chemicals, Inc. Method and system for measurement of liquid level in a tank US4700569 Nov 2, 1984 Oct 20, 1987 Endress u. Hauser GmbH u. Co. Method and arrangement for signal transmission in ultrasonic echo sounding systems US4716536 Apr 16, 1985 Dec 29, 1987 The Foxboro Company Measurement calibration US4782698 Dec 29, 1986 Nov 8, 1988 General Motors Corporation Method and apparatus for measuring oil level US4788648 May 27, 1986 Nov 29, 1988 Air Products and Chemicals, Inc. Method and system for measurement of a liquid level in a tank US4864972 Jun 8, 1987 Sep 12, 1989  Boiler optimization for multiple boiler heating plants US4922861 Jan 25, 1989 May 8, 1990 Toto Ltd. Multiple-purpose instantaneous gas water heater US4966127 Jan 19, 1988 Oct 30, 1990  Method and apparatus for saving energy in direct fired boilers Referenced by Citing Patent Filing date Issue date Original Assignee Title US5279263 Feb 5, 1993 Jan 18, 1994 Elsag International B.V. Cascaded steam temperature control applied to a universal pressure boiler US5419285 Apr 25, 1994 May 30, 1995 Henry Vogt Machine Co. Boiler economizer and control system US5793705 Sep 18, 1996 Aug 11, 1998 International Business Machines Corporation Ultrasonic liquid level gauge for tanks subject to movement and vibration US6059195 Jan 23, 1998 May 9, 2000 Tridelta Industries, Inc. Integrated appliance control system US6129284 Sep 17, 1999 Oct 10, 2000 Tridelta Industries, Inc. Integrated appliance control system US6536678 Dec 15, 2000 Mar 25, 2003 Honeywell International Inc. Boiler control system and method US6647302 Dec 15, 2000 Nov 11, 2003 Honeywell International Inc. Human interface panel for boiler control system US6745085 Dec 15, 2000 Jun 1, 2004 Honeywell International Inc. Fault-tolerant multi-node stage sequencer and method for energy systems US6813631 Dec 15, 2000 Nov 2, 2004 Honeywell International Inc. Automatic self configuration of client-supervisory nodes US7016742 Nov 27, 2002 Mar 21, 2006 BaHelle Memorial Institute Decision support for operations and maintenance (DSOM) system US7196891 Jul 27, 2004 Mar 27, 2007 Macronix International Co., Ltd. Control circuit for frequency converter US7891572 Apr 5, 2007 Feb 22, 2011 C. Cowles & Company Temperature and low water monitoring for boiler systems US8008603 Aug 31, 2007 Aug 30, 2011  Boiler protection apparatus and method US8009060 Sep 26, 2001 Aug 30, 2011 Lockheed Martin Corporation Remote monitoring of munition assets US8068727 Jan 29, 2008 Nov 29, 2011 AOS Holding Company Storage-type water heater having tank condition monitoring features US8162232 Mar 21, 2008 Apr 24, 2012 AOS Holding Company Water storage device having a powered anode Claims 1. A system for automatically monitoring, processing, and storing operating parameters of a boiler room comprising:  (a) means for detecting a level of liquid fuel in a storage tank and generating a fist set of electrical signals indicating the level; (b) means for measuring temperatures at various locations in the boiler room and generating a second set of electrical signals indicative of the temperatures; (c) means for monitoring the operating status of a plurality of conventional boiler room equipment and generating a third set of electrical signals indicative of the monitored operating status; (d) computer means located in the boiler room for selecting from the first, second and third set of electrical signals generated and internally processing and storing the selected electrical signals in accordance with a set of internally programmed instructions; and (e) means for transmitting the processed signals stored in the computer means from the computer means located in the boiler room to a computer located in a remote location. 2. A system as in claim 1 wherein the means for detecting the level of liquid in the storage tank comprises a sonar device mounted in the storage tank comprising:  (a) means for transmitting an ultrasonic signal in a direction generally perpendicular to the surface of the liquid fuel in the storage tank; (b) means for detecting an echo of the transmitted ultrasonic signal from the surface level of the liquid fuel in the storage tank; (c) means for electrically measuring a time differential between transmission of the ultrasonic signal and the detection of the echo of the ultrasonic signal; and (d) means for generating the first electrical signal indicative of the level of the liquid fuel in the storage tank in accordance with the measured time differential. 3. A system as in claim 2 wherein the first electrical signal consists of electrical current the value of which is indicative of the level of the liquid fuel in the storage tank.  4. A system as in claim 3 wherein the computer means comprises an interface means comprising:  (a) a resistor means for converting the electrical current into an analog voltage, the value of which is indicative of the level of the liquid fuel in the storage tank; and (b) analog to digital conversion means for converting the analog voltage into a digital signal which can be processed by the computer means. 5. A system as in claim 1 wherein the means for measuring the temperatures at various locations in the boiler room comprises thermocouple devices located at the point at which the temperature is measured, which generate the second set of electrical signals indicative of the measured temperatures.  6. A system as in claim 5 wherein the thermocouple devices are comprised of:  (a) a first thermocouple at the liquid fuel drawn from the storage tank; (b) a second thermocouple at the water resident in a boiler room; (c) a third thermocouple at the water drawn from the boiler for use as domestic hot water; and (d) a fourth thermocouple at the gases expelled from the boiler through a stack. 7. A system as in claim 6 wherein the second set of electrical signals is comprised of analog voltage signals.  8. A system as in claim 7 wherein the computer means comprises an interface means comprising analog to digital conversion means for converting the analog voltage signals into a set of digital signals which can be processed by the computer means."}
{"_id": "2040", "title": "", "text": "I was thinking to do mix of ELSS and Tax Saving FDs. But is my choice correct? Also what other options I am left with? This depends on individual's choice and risk appetite. Generally at younger age, investment in ELSS / PPF is advisable. Other options are Life Insurance, Retirement Plans by Mutual Funds, NSC, etc"}
{"_id": "2064", "title": "", "text": "8 hard inquiries spread over two years is not a negative factor, with a score of 750. Real question #1: How much of your credit limits are you currently using? Less than 30% of your credit limits is good. Less than 15% is even better, 10% is great You don't need to wait X amount of days after applying for a mortgage or a card to increase your chances of getting approved for something else. You do need to be conscious of how many hard pulls you have done in a reporting period though, but again as I said, 8 spread over two years is not a whole lot. Real question #2: What negative things do you have in your credit history? Young age, income, delinquent payments, bankruptcies, low limits? Some of these negative factors are catch-22's (low limits, young age = low limits because of age and young credit history)  but these contribute to how much institutions would be willing to lend you"}
{"_id": "2083", "title": "", "text": "\"While I agree that highly processed foods, including plant based meat substitutes, are probably not the best things we could be eating, damning them with scare words like \"\"chemicals\"\" is unhelpful and certainly doesn't account for the bigger picture.  All food is made of chemicals- water is a chemical, broccoli is full of various chemicals.  Looking at the specific nutritional profile of meat alternatives most of them fall somewhere between marginally better and no worse than meat based foods.  Getting protein from leafy greens, whole grains, nuts, and legumes would probably be better, but meat alternatives still make it easier for people to adopt plant based diets, and see them as viable, which is likely to have a positive health impact, or again at least be no worse than an omnivorous diet.  You also discount the non-health related reasons that people choose these options.  Many people may be choosing meat alternatives because of concerns over animal welfare or the environment.  Other people may simply like the taste- many options are different enough from meat to not be comparable from a taste standpoint, and many plant based meat alternatives are much better tasting than similar frozen convenience foods made from animals.\""}
{"_id": "2085", "title": "", "text": "In a secular bull market, strong investor sentiment drives prices higher, as participants, over time, are net buyers. Secular markets are typically driven by large-scale national and   worldwide events... demographic/ population shifts,   governmental policies... bear market periods occur within   the longer interval, but do not reverse the trend. There are still many reasons to buy the long bond, despite the lack of yield (nearly flat term structure of interest rates). Despite the recent credit ratings agency downgrades of U.S. sovereign risk, the T-bond offers greater relative security than many alternatives.  If Germany were NOT part of the EU, its government bonds would be issued by the Bundesbank, denominated in Deutsche Marks. German government bonds would probably be a better choice than the U.S. Treasury's 30-year bond.  Long-term maturity U.S. Treasuries are in demand by investment and portfolio managers because:"}
{"_id": "2103", "title": "", "text": "My perspective is from the US. Many employers offer 401(k)s and you can always contribute to an IRA for either tax deferred or tax free investment growth. If you're company offers a 401(k) match you should always contribute the maximum amount they max or you're leaving money on the table.    Companies can't always support pensions and it isn't the best idea to rely on one entirely for retirement unless your pension is from the federal government.   Even states such as Illinois are going through extreme financial difficulties due to pension funding issues. It's only going to get worse and if you think pension benefit accrual isn't going to be cut eventually you'll have another thing coming. I'd be worried if I was a state employee in the middle of my career with no retirement savings outside of my pension.   Ranting: Employees pushed hard for some pretty absurd commitments and public officials let the public down by giving in. It seems a little crazy to me that someone can work for the state until they're in their 50's and then earn 70% of their 6 figure salary for the rest of their life. Something needs to be done but I'd be surprised if anyone has the political will to make tough choices now before thee options get much much worse and these states are forced to make a decision."}
{"_id": "2128", "title": "", "text": "If the IRA is costing you $100 a year, you should almost certainly transfer it to a cheaper provider, regardless of whether you're going to withdraw anything.  You can transfer the IRA to another provider that doesn't charge you the fees.  Or you can convert it to Roth and combine it with your existing Roth.  Either way, you will keep all the money, and save $100 per year in the future. If you want to take money out of your retirement accounts, you should take it out of your Roth IRA, because you can withdraw contributions (i.e., up to the amount you contributed) from the Roth without tax or penalty. Whether you should withdraw anything from your retirement accounts is a different question.  If you're already maxing out your Roth IRA, and you have sufficient retirement savings, you could just instead plow that $5500 into your student loans.  (If you can afford it, of course, it'd be better to just pay the $7500 from your income and still contribute to the retirement accounts.)  There's no reason to withdraw from retirement accounts to pay loans when you could just divert current income for that purpose instead."}
{"_id": "2143", "title": "", "text": "Consumer Reports actually reverted their stance on the Model S and gave back their recommendation after Tesla performed an automatic update to their vehicles.  I don't know any other car manufacturers that perform OTA updates like android/ios phones."}
{"_id": "2152", "title": "", "text": "\"He's pretty much correct now though. You either have to pick one of the few fields that will guarantee high pay in the future, or work a trade instead.  Any \"\"lesser\"\" degree is literally worthless now because everyone has them.\""}
{"_id": "2174", "title": "", "text": "I researched quite a bit around this topic, and it seems that this is indeed false. Long ter asset growth does not converge to the compound interest rate of expected return. While it is true that standard deviations of annualized return decrease over time, because the asset value itself changes over time, the standard deviations of the total return actually increases.      Thus, it is wrong to say that you can take increased risk because you have a longer time horizon.  Source"}
{"_id": "2183", "title": "", "text": "On the off chance that you have thoughts to purchase an utilized car, the initial step includes endeavoring to locate the trustable second hand car dealer that fits your funds. You can sift through the chase in light of different parameters comprising Masai second hand car seller, kms driven, gas sort, body kind and ownership which also rearranges the way to buy second hand car. The utilized vehicle stage at Masai Auto City offers probability to each individuals and venders to list their used Cars available and bear in mind it's far completely fit for you."}
{"_id": "2205", "title": "", "text": "If the check is written as a check to BigCo, it is less clear how Jack can compensate himself for the equity sale. It is as if the equity was owned by the corporation, not by Jack. This is correct.  If the check is written to BigCo, then it is BigCo issuing new shares.  Jack doesn't compensate himself for the equity sale, as he didn't sell anything.  The company traded shares for money which it uses for expansion.  In the long term, the capital gain from expansion may exceed the value of a $200,000 no-interest loan to the company.   If the value of the company before investing $250,000 is $1 million, then the value after investing is $1.25 million.  So $250,000 is 20% of the value of the company.  BigCo should not give the buyer 25% of BigCo but only 20% in that example.  If it does give 25%, the buyer is getting a $312,500 stake for only $250,000.   With the other example, Jack sells 25% of the company for $250,000 from his personal shares.  This doesn't change the assessed value of the company, just Jack's stake.  Jack then loans the company $200,000.  This also doesn't change the assessed value of the company (at least in theory).  It gains $200,000 but has an offsetting debt of $200,000.  In net, that's no change.  Assets and liabilities balance the same.   So if you know that the assessed value of the company is $1 million and that the buyer is paying $250,000 for a 25% stake at that same valuation, then you know that the check is being written to Jack.  If the check is written to BigCo, then one or more of those numbers is incorrect.   The buyer could be getting a 20% stake.  The new value of the company after the investment is $1.25 million.   Or paying $333,333.33.  The new value of the company after the investment is $1,333,333.33.   Or BigCo could only be worth $750,000 before the investment.  The new value of the company after the investment is $1 million.   Or Jack is getting screwed, selling $312,500 in stock (25%) for only $250,000.  Jack's shares drop from being worth $1 million to only $937,500.  The value of the company is $1.25 million.   Or some combination of smaller changes that balances."}
{"_id": "2206", "title": "", "text": "It's not your money. What does your wife think of this?  You know, the withdrawal is subject to full tax at your marginal rate as well as a 10% penalty. That's quite a price to pay, don't do it."}
{"_id": "2221", "title": "", "text": "I see what you mean, we are talking about different things. You are talking about early check-in. Which you can on Airbnb sometimes, usually though it's similar to hotel times in the afternoon.  I was talking about check-in at any time after you actually have booked. If I booked it I can even arrive at like 3am in the night and not worry I'm keeping someone up. But with an Airbnb host it's a lot less likely.  As I said some might leave you the keys. I even had a host who made me wait an hour to let me check 10pm. Because of some security  thing. Obviously renting it when they shouldn't be.  That said, still use and prefer Airbnb. But was saying at a hotel you can check in any time (implication was after you booked) and an Airbnb you are at their mercy."}
{"_id": "2225", "title": "", "text": "I've had luck finding old stock information in the Google scanned newspaper archives. Unfortunately there does not appear to be a way to search exactly by date, but a little browsing /experimenting should get what you want. For instance, here's a source which shows the price to be 36 3/4 (as far as I can read anyway) on that date."}
{"_id": "2234", "title": "", "text": "Usually that is the case that when fixed rates are lower than the variable rates, it is an indication that the banks feel the next movement in rates could be down. You also need to look at the fixed rates for different periods, for example 1 year fixed compared to 3 year fixed and 5 year fixed rates. If you find the 3 and 5 year fixed rates are higher than the 1 year fixed rates this could be an indication that the banks feel rates will fall in the short term but the falls won't last long and will continue to rise after a year or so. If the 3 year fixed rates are also low in comparison, then the banks may feel that the economy is heading for a longer term down trend. The banks won't want to lose out, so will change their fixed rates on their perception of where they feel the economy is headed. Since your post in May 2011, the standard variable rate has since dropped twice (in November and December) to be at 7.30%. You will also find that fixed rates have also been dropped further by the banks, indicating additional future cuts in the variable rates. Regards, Victor"}
{"_id": "2235", "title": "", "text": "Given what you state you should shop around for an advisor. Think of the time required to pursue your strategies that you list? They already have studied much of what you seek to learn about. Any good investor should understand the basics. This is Canadian based but many of the concepts are universal. Hope you find it helpful. http://www.getsmarteraboutmoney.ca/Pages/default.aspx"}
{"_id": "2241", "title": "", "text": "Machine learning is definitely applied to trading, but I have not tried it myself. For now I've been focused on figuring out the platforms and how they work; I have not been trying out other strategies besides a SMAC strategy. The most machine learning-like application I've attempted was cross-validation by walk-forward analysis (I'm publishing that post on Monday).  I know nothing about TensorFlow other than it's used for deep learning and that it doesn't work on Windows and thus would not work on my more powerful gaming computer, and like I said above, I have not been exploring machine learning right now. Neural networks are on my radar, on the list of things I need to read, but there was a topic on r/algotrading recently where most users said that deep learning has not demonstrated better performance than more traditional ML techniques and looks like a fad. I want to convince myself of that first, though.  I'm glad you enjoyed the post and my site! Thank you!"}
{"_id": "2261", "title": "", "text": "\"I presumed he wanted 13 years of data at market close. Of course the more frequently he wants the data and the more attributes he wants the larger the file will be.  I'm all but certain he thinks he's going to be the first genius to develop a quant screen and identify \"\"hot stocks\"\".\""}
{"_id": "2267", "title": "", "text": "The principal of the loan is the amount you borrow.  The capitalized interest is added to the principal of the loan, because you are not paying this interest as it accrues.  So when you begin payments, the principal of the loan is $5,500 + $436 = $5,936. Using the standard amortization formula (see this page for details), the per-month payment for a ten-year payment plan at 6.8% interest on principal of $5,936 is $68.31.  One hundred twenty payments (each month for ten years) totals $8,197.40."}
{"_id": "2286", "title": "", "text": "If your uncle is looking to maintain life insurance coverage for specific shorter period of time he may want to look into hybrid life insurance. If you buy a hybrid universal life policy, the premium and death benefit can be guaranteed to last until any age. Since, most permanent policies focus on cash value accumulation it is hard for most people to find cheap whole life or affordable universal life. Consumers only looking for a longer duration have a more flexible choice with a new hybrid product that combines elements of both term life coverage and universal life. Hybrid universal  policies are much cheaper then other permanent coverage such as whole life coverage because they do not emphasize cash value accumulation. However, the premiums and death benefits can still be guaranteed to a specific age (i.e. 85, 90, 95, 100). So, premiums can be scaled to coordinate with your desired budget and the face amount required for your family. Typical universal life and whole life insurance contracts only allow for lifetime coverage. However, hybrid universal life offers a much smaller premium because the coverage can be dialed into a specific age. If the policyholder does live beyond the originally selected age, the death benefit will simply begin getting smaller, while the original premium will  continue to remain the same."}
{"_id": "2304", "title": "", "text": "20% is almost certainly too high. I agree with 2%, as a very rough rule. It will vary significantly depending on the industry. I generally calculate an average of the previous 2-3 years working capital, and deduct that from cash. Working capital is Current Assets less Current Liabilities. Current Assets is comprised of cash, prepaid expenses, and significantly, accounts receivable. This means that CA is likely to be much higher than just cash, which leaves more excess cash after liabilities are deducted. Which reduces EV, which makes the EV/EBITDA ratio look even more pricey, as Dimitri noted. But a balance sheet is just a snapshot of the final day of the quarter. As such, and because of seasonal effects, it's critical to smooth this by averaging several periods. After calculating this for a few companies, compare to revenue. Is it close to 2%?"}
{"_id": "2311", "title": "", "text": "LOL. You think the game is fair, big man? You think its all about that one big idea, and then you're gonna be rich?  Why don't you finish high school, and get a real job and plan your big startup, and then we'll have this conversation."}
{"_id": "2322", "title": "", "text": "thats my main regret - similar to cfa vs. mba  they only hire kids right out of top tier schools with inflated gpas (harvard im looking at you) and these kids dont know their asses from their elbows and they immediately get into the models and bottles mindset  id take a state schooler with a level head any day over wanna be rainmakers"}
{"_id": "2325", "title": "", "text": "\"Economic hardship is just as misleading as \"\"economic slavery\"\".  If you are working two jobs and can't afford rent... How can you better yourself?  Sure, if you are exceptionally intelligent and/or charismatic and/or exceptionally great in some other way, you could find a way out of the hole.  But if you are working two full-time jobs and are trying your best - that should be enough.  I personally am against a $15 minimum wage - even on a local level, much less a state or federal level, but I very much support legislation that ensures someone who works 85 (or 60) hours a week (that's 12 hours a day for 85 hours per week) can get by.  By \"\"getting by\"\" I mean can rent modest housing, can afford nutritious food, can afford decent health insurance, can buy clothes (maybe second-hand), can put a bit into savings, etc.  Minimum wage jobs are done by young people just entering the job market and older people with few skills.  Better to have legislation that takes that into account.  High school and college kids won't be working 60-85+ hours a week.  Save the subsidies for the people that really need them.\""}
{"_id": "2326", "title": "", "text": "\"Yes. Since it is our duty to give aid to helpless children, even when their parents make \"\"bad\"\" choices. As a society we combat this situation with education so that people will understand that having children they \"\"can't afford\"\" is a bad idea. Contraception and financial education is essential in this situation.\""}
{"_id": "2329", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.msn.com/en-us/money/companies/shell-prepares-for-lower-forever-oil-prices/ar-AAoVbwb) reduced by 88%. (I'm a bot) ***** > LONDON-Royal Dutch Shell PLC laid out a pessimistic vision for the future of oil on Thursday, even as the company reported success in generating cash during a prolonged downturn.  > Shell Chief Executive Ben van Beurden said the company has a mind-set that oil prices would remain "Lower forever"-a riff on the "Lower for longer" mantra the industry adopted for a price slump that proved unexpectedly lasting.  > Oil's fragile recovery since then to around $50 a barrel has helped the sector, but Shell and its peers have also engaged in aggressive efforts to bring down costs so they can survive at lower prices.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pz8ur/shell_prepares_for_lower_forever_oil_prices/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177293 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **oil**^#1 **company**^#2 **Shell**^#3 **billion**^#4 **cash**^#5\""}
{"_id": "2338", "title": "", "text": "The answer to this question is related to another question: How would I invest in Uber? Given that Uber is a privately-held company, the average investor cannot directly buy stock.  However, there are some indirect methods that you can use to invest in Uber, and as a result, it is also possible to indirectly short Uber. One method is to invest in (or short) companies that invest in Uber.  Alphabet/Google (GOOG) owns some, as well as Microsoft (MSFT), Toyota (ADR), and other companies.  Theoretically, you could short these companies, as a hit to Uber would be bad for those companies. Another method would be to look at Uber's competitors.  Think about what companies would do well if Uber went under.  Lyft, perhaps, although it is so similar to Uber that if one has trouble, the other may as well.  Perhaps instead you might invest in a traditional taxi company, or a company that provides services to taxi companies, such as Medallion Financial Corporation (MFIN). Keep in mind that either investing or shorting any of these is not really the same as investing/shorting Uber.  It provides you some exposure in Uber, but your investment is also affected by many other things that have nothing to do with Uber. For more information, see the Investopedia article Ways to Invest in Uber before It Goes Public. For the record, I don't recommend that you do any of this."}
{"_id": "2346", "title": "", "text": "If you are looking to open an NRE Account, the banks have now made the process very simple and quick.Here, we will have a detailed look at what NRE Account is and how to open one such account.For more details, visit https://www.icicibank.com/nri-banking/nri-banking.page?"}
{"_id": "2347", "title": "", "text": "\"I really don't understand. Yes, facebook overpriced their IPO. I suppose they may have to renegotiate some of their retention deals. On the other hand, they brought in significantly more capital than if they had priced the deal \"\"correctly\"\". If anything, Ebersman did a great job of getting facebook the maximum amount of capital while at the same time giving up the minimum amount of equity.\""}
{"_id": "2348", "title": "", "text": "If you make paying off those loans a priority,  you will find money where you can and also look for stuff to sell around your home and also look for as much extra work as you can stand."}
{"_id": "2366", "title": "", "text": "> The CEO of Canada\u2019s largest grocery and drugstore chain has warned his shareholders that minimum wage hikes across Ontario and Alberta will cost his company an additional $190 million in expenses next year.  > \u201cWe are flagging a significant set of financial headwinds and the organization is mobilizing all of its resources to see whether or not it can close that gap,\u201d said Loblaws Companies Ltd., CEO Galen G. Weston earlier this week.   Is that really so bad of a quote?  He's saying it's something they need to be aware of and address...  I don't get the headline."}
{"_id": "2369", "title": "", "text": "So I learned that your employer CAN force you to make employee contributions. However, this source seems to think that the mandatory employee contributions do not count against the 402(g) limit of $18,000."}
{"_id": "2376", "title": "", "text": "It depends on whether you want a career as a fund manager/ analyst or if you want to be an investor/ trader. A fund manager will have many constraints that a private investor doesn\u2019t have, as they are managing other people\u2019s money.  If they do invest their own money as well they usually would invest it differently from how they invest the fund's money. Many would just get someone else to invest their money for them, just as a surgeon would get another surgeon to operate on a family member. My suggestion to you is to find a job you like doing and build up your savings. Whilst you are building up your savings read some books. You said you don\u2019t know much about the financial markets, then learn about them. Get yourself a working knowledge about both fundamental and technical analysis. Work out which method of analysis (if not both) suits you best and you would like to know more about. As you read you will get a better idea if you prefer to be a long term investor or a short term trader or somewhere in-between or a combination of various methods. Now you will start to get an idea of what type of books and areas of analysis you would like to concentrate on. Once you have a better idea of what you would like to do and have gained some knowledge, then you can develop your investment/trading plan and start paper trading. Once you are happy with you plan and your paper trading you can start trading with a small account balance (not more than $10,000 and preferably under $5,000). No matter how well you did with paper trading you will always do worse with real money at first due to your emotions being in it now. So always start off small. If you want to become good at something it takes time and a lot of hard work. You can\u2019t go from knowing nothing to making a million dollars per year without putting in the hard yards first."}
{"_id": "2377", "title": "", "text": ">If you're a non-target like me this is how it is. With hard work and intelligence we will get what we want though. I suggest looking into the CFA program.  I think networking might be more effective on that front.  I'm from a non-target (and not even in finance) yet it seems like talking to people has gotten me a lot further than anything else.  I've been surprised at the number of bankers who are willing to give me the time of day."}
{"_id": "2390", "title": "", "text": "But Uncle Sam isn't just borrowing money from other people/countires. He's borrowing money from himself..... with printed money.  The ostensible purpose of QE, Operation Twist, et al, is to force interest rates down largely through the monetization of government debt.   So to reference interest rates as if they were some neutral barometer of America's financial strength is a bit spurious."}
{"_id": "2393", "title": "", "text": "\"If you don't want to take any risk and you want your money to be liquid, then the best place to \"\"invest\"\" such money is in an insured bank deposit, such as a high interest savings account. However, you aren't likely to find a savings account interest rate that comes close to that charged by your mortgage, so the better decision from a numbers perspective is to pay down more on your mortgage or other debt. Paying down your debt has almost no risk, but has a better payoff than simply saving the money in a bank account. However, if you choose to pay down more debt, I suggest you still keep aside enough cash to have an adequate emergency fund.  Since you want safety and liquidity, don't expect high returns from such money.\""}
{"_id": "2406", "title": "", "text": "I'm saying children have no self-control in the things they demand.  Parents typically buy their kids toys so they can have fun and keep themselves busy and most parents see it as time they earn for themselves so they're willing to buy their kids some toys if it means it'll shut them up"}
{"_id": "2408", "title": "", "text": "\"I did read your comment, and all the other ones that referred to me as \"\"he.\"\" Believe it or not, the melodrama you see is imagined. I didn't write, for example, \"\"This stupid fucker doesn't realize I've got a vagina.\"\"  And I wasn't arguing with your anecdote, I was supporting it for the other people reading. That's why I said \"\"you (not OP).\"\"\""}
{"_id": "2413", "title": "", "text": "As I understand it, US federal gift tax doesn't kick in at all until one person gives more than about $14,000 in a single year. (So a couple can give someone $28,000.) If you want to give more than that in a lump sum while avoiding gift tax, one workaround is to structure it as an intra-family loan. Basically, you write (and formally register) a loan for the amount, then gift them with up to the limit for them to pay off that loan. The IRS requires that you charge interest on this loan, but the rates are pretty minimal and of course you can incorporate that in the gift. The downside is that the interest income you're required to take is taxable, but that's a comparitively small sum. (On the other hand, if the loan is a mortgage against real property, and properly filed as such, the interest paid may be deductable for the person you're giving the money to.) Doing this properly requires a tax accountant or lawyer who has a clue about the right legalese to make it work. However, there are starting to be some services which specialize in this, doing it for a fixed fee. I used one of those recently, which is why I'm somewhat familiar with this process; they made it about as much of a fill-out-the-forms process as they could, but it still took a few weeks for me to figure out which options were best for my needs."}
{"_id": "2417", "title": "", "text": "AuDatingSites provides safe and clean dating and friendship service for the Austraila's single men and women. Finding a new girlfriend is your own challenge, We want to help you and back on the way to Girls for sex recovery. You might not realize this, but there are a lot of girls out there who is just wanting sex, just like yourself. Anymore wanting a partner for a no strings attached affair is not really a big issue."}
{"_id": "2420", "title": "", "text": "Your reasoning has completely broken down now.  So if I have this straight, given that shittiness is a constant in people, your solution is to give a few people all the guns and unlimited power over everyone else? Have I got that about right?  Man, never go full retard. That flies in the face of everything this country was built to be. Do us all a favor, catch a flight to Venezuala and stay there.  At the very least, the private sector is policed by the government according to the rule of law. Who polices the government when the people no longer have any authority or power over it?"}
{"_id": "2421", "title": "", "text": "A bank will never tell you how much they made off you when you are a customer. That level of information can be gleaned somewhat from the P&L it posts to its shareholders every FY. TLDR: It's how much you earned and should report as income in your tax documents."}
{"_id": "2430", "title": "", "text": "I love how our society has spent the last few decades removing risk from everything. It starts by not allowing kids to play during recess, everyone is a winner! Now we have a lot of people who are coming of age with this up-bringing and they simply can't understand how their own actions and work can cause them harm.   People assume that risk isn't something they have to be concerned with. When I was shopping for homes they wanted to approved me for $350K. Even if I spent money on nothing else I wouldn't be able to afford that. One minor bill and I'd be fucked.  The stock market is the same thing. People make big investments and when they go bad we need to bail them out because it wasn't their fault...really? They didn't play a part in their own going under? I simply don't buy it.   We need to stop allowing this behavior and let companies and people go under. It's not my problem that you have no self control and don't understand the basics of trial and error. People need to learn their actions have consequences and maybe we'd live in a slightly better world."}
{"_id": "2436", "title": "", "text": "\"Xero and WaveAccounting can make things easy, but they also have their limitations. I've used both for short periods of time but found both of them to be lacking. While the \"\"ease\"\" is appealing, the ability to drill into the details and get good reports is the downfall of both of these accounting systems. QuickBooks may seem like the easy answer here, but it really is the best for getting the power you want without getting too complicated.\""}
{"_id": "2440", "title": "", "text": "We're not talking about what's good for the parents, dude.  Obviously the best possible solution is for the government to pay people to raise their kids at home but sadly the western economies are structured around the majority of people doing work 9-5."}
{"_id": "2456", "title": "", "text": "In the US you can walk into some retail stores and use your paypal to pay directly. Some of them sell prepaid debit card. By one and use it to pay your bill. If you're not in the US - check if some local retailers allow that. I believe in the UK they have some that allow paypal as well."}
{"_id": "2460", "title": "", "text": "Credit scoring has changed recently and the answer to this question will have slightly changed. While most points made here are true: But now (as of July 2017) it is possible having a large available credit balance can negatively effect your credit score directly:  ... VantageScore will now mark a borrower negatively for having   excessively large credit card limits, on the theory that the person   could run up a high credit card debt quickly. Those who have prime   credit scores may be hurt the most, since they are most likely to have   multiple cards open. But those who like to play the credit card   rewards program points game could be affected as well. source"}
{"_id": "2465", "title": "", "text": "If you have a copy of the deed, or the original deed itself, take it to a lawyer and have them look it over with you and your other sister.  Mention all the details you mentioned here - exactly what you want to do with the property, any correspondence you've had with your sister, and where the property is located.   We can't give you any advice without being able to see the deed, and we're not qualified to give any advice outside of 'get a lawyer', because we're not lawyers.  Get one, and arm him with as much information about the situation as possible."}
{"_id": "2481", "title": "", "text": "A government is there to serve the people. Under this logic, a government is doing a disservice to its people by allowing a corportation to have a signicantly lower tax rate in relation to the value a corportation would gain from doing business in that country.   For all I know, Starbucks would only do business in the UK if the value it sees from doing business there is at the tax rate it is paying out now. However, like a corportation testing the markets for price, the UK government is doing a disservice to its own people for not doing its own research on the value Starbucks is seeing."}
{"_id": "2485", "title": "", "text": "> The problem as I see it, is that the die-hard Tea Partiers who want to curb gov't spending, bristle whenever you add the DOD to the equation.  That's one of the many reasons that the Ryan plan is bullshit.  I'd keep the NSF but ratchet back the others like you describe.  You might enjoy reading [this plan](http://philip.greenspun.com/politics/economic-recovery), which hits on a number of other important points."}
{"_id": "2512", "title": "", "text": "\"It's called paper trading because you do it on paper. So just do literally that for a little while. Write things down like \"\"buy 100 XYZ at $49.99 on 9/29.\"\" Then note the price each time you look it up, graph it each day, draw trendlines, calculate your ROI, etc. In pencil or ink, up to you. It'll give you good insights into what all that software is trying to do for you, and when it's trying to fool you.\""}
{"_id": "2519", "title": "", "text": "\"The first thing I'd do is to find out your credit (FICO) score.  If you have a good one, try to get another card with a lower rate. Then call up the lender, point to your good score, and your alternatives. If you have a bad score, do nothing. \"\"Let sleeping dogs lie.\"\"\""}
{"_id": "2528", "title": "", "text": "This is essentially a reimbursement of your expense. Since you can deduct the expense, the fact that the reimbursement is taxable doesn't affect you much. You deduct your home office expenses on your annual tax return using form 8829. See the IRS site for more details. If you're asking about the UK tax, there may be some other considerations, but from the US tax perspective it is (nearly) a wash."}
{"_id": "2547", "title": "", "text": "You're 100% right! The IRR is the rate at which the project breaks even. You project cash flow/profitability metrics, and then you see what, under your projections, is the discount rate at which your project breaks even (the IRR).   But remember, it breaks even today! So it's saying that you should make a worthwhile investment today because the return that you will obtain at points in the future are worth you putting your investment in today! You still make a healthy return overtime if you project a reasonable IRR, but your IRR is showing you whether it's at least as worth it today to put your money in today (whether, given what you'll make over the future, it's at least as worth it to put your money in today)."}
{"_id": "2562", "title": "", "text": "Well, the article requires a login, so the only input I have is that the floor for cell phone plans is about $25 per month. There's no reason to price a product way below competition unless you don't care about revenue"}
{"_id": "2565", "title": "", "text": "Actuit offer accounting services to help you in carry out non key activities of your business. Our accounting and online bookkeeping services not only will reduces your cost but also enables you to focus on more critical functions of your business, like your customers by providing you reliable completed work on time for you to act."}
{"_id": "2578", "title": "", "text": "It's funny, I was complaining about this very same phenomenon in a different thread maybe a week ago. It seems like the RA is the only way to go if you have any sort of power over the I-Banks"}
{"_id": "2619", "title": "", "text": "Whether or not it is logical probably depends on individual circumstance.  When you take on (or maintain) debt, you are choosing to do two things: The first is clear. This is what you describe very well in your answer. It is a straightforward analysis of interest rates. The fixed cost of the debt can then be directly compared to expected return on investments that are made with the newly available cash flow. If you can reasonably expect to beat your debt interest rate, this is an argument to borrow and invest. Add to this equation an overwhelming upside, such as a 401k match, and the argument becomes very compelling. The second cost listed is more speculative in nature, but just as important. When you acquire debt, you are committing your future cash flow to payments. This exposes you to the risk of too little financial margin in the future. It also exposes you to the risk of any negatives that come with non-payment of debt (repossession, foreclosure, credit hit, sleeping at night, family tension, worst-case bankruptcy) Since the future tends to be difficult to predict, this risk is not so easy to quantify. Clearly the amount and nature of the debt is a large factor here.  This would seem to be highly personal, with different individuals having unique financial or personal resources or income earning power.  I will never say someone is illogical for choosing to repay their debts before investing in a 401k. I can see why some would always choose to invest to the match."}
{"_id": "2626", "title": "", "text": "Amazon is already experimenting with a private label called Wickedly Prime. It's not that great. Expecting that to disappear if the WFM deal goes through.  I'm still waiting for Prime Pantry/Fresh not to seriously suck. Having to pay an extra membership fee on top of my Prime membership for the luxury of being able to get food delivered (and a delivery fee on top of that, mind you) really burns my ass. Not to mention the fact that when I tried Pantry, delivery took two weeks. No thanks."}
{"_id": "2633", "title": "", "text": "\"This is analyst speak for \"\"the stock isn't going anywhere anytime soon\"\". Remember these guys are offering advice to the entire universe in a few lines, so the advice gets fortune cookie-like. When I look at these things, I care more about when the analyst changes their opinion more than what the opinion is. If you really trust this person, you should listen to the earnings call for the stock (or read the transcript) and listen for the questions asked by the analyst. Usually you'll be able to understand why the analyst feels the way he does.\""}
{"_id": "2646", "title": "", "text": "I meant the form factor - it's a tablet form factor. It's not something new, or refreshing... something that Nintendo used to be great with - the anticipation built for it's next design, for both consoles and handheld consoles.  It has a custom SoC from a known architecture from NVIDIA, and where it should have been amazing - it comes short imo (battery life).  Probably in one year period it's performance will be matched with high end tablets with off the shelf SoCs... ARM SoCs that support Vulkan for example, over NVIDIA closed source libraries.  The thing is performance isn't everything - and Nintendo it's the proof of such concept. Currently it's all about the IP."}
{"_id": "2648", "title": "", "text": "I am in the process of writing an article about how to maximize one's Social Security benefits, or at least, how to start the analysis.   This chart, from my friends at the Social Security office shows the advantage of waiting to take your benefit. In your case, you are getting $1525 at age 62.  Now, if you wait 4 years, the benefit jumps to $2033 or $508/mo more. You would get no benefit for 4 years and draw down savings by $73,200, but would get $6,096/yr more from 64 on. Put it off until 70, and you'd have $2684/mo.  At some point, your husband should apply for a spousal benefit (age 66 for him is what I suggest) and collect that for 4 years before moving to his own benefit if it's higher than that.  Keep in mind, your generous pensions are likely to push you into having your social security benefit taxed, and my plan, above will give you time to draw down the 401(k) to help avoid or at least reduce this."}
{"_id": "2653", "title": "", "text": "I would not sell unless the stock is starting to fall in price. If you are a long term investor you can review the weekly chart on a weekly basis to determine if the stock is still up-trending. Regarding HD below is a weekly chart for the last 4 years:  Basically if the price is making Higher Highs (HH) and Higher Lows (HL) it is up-trending. If it starts to make Lower Lows (LL) followed by Lower Highs (LH) then the uptrend is over and the stock could be entering a downtrend. With HD, the price has been up-trending but seems to now be hitting some headwinds. It has been making some HHs followed by some HLs throughout the last 2 years. It did make a LL in late August 2015 but then recovered nicely to make a new HH, so the uptrend was not broken. In early November 2016 it made another LL but this time it seems to be followed by a LH in mid-December 2016. This could be clear evidence that the uptrend may be ending. The final confirmation would be if the price drops below the early November low of $119.20 (the orange line). If price drops below this price it would be confirmation that the uptrend is over and this should be the point at which you should sell your HD shares. You could place an automatic stop loss order just below $119.20 so that you don't even need to monitor the stock frequently. Another indication that the uptrend may be in trouble is the divergence between the HHs of the price and the peaks of a momentum indicator (in this case the MACD). The two sloping red lines show that the price made HHs in April and August 2016 whilst the momentum indicator made LHs at these peaks in the price. As the lines are sloping in different directions it is demonstrating negative divergence, which means that the momentum of the uptrend is slowing down and can act as an early warning system to be more cautious in the near future. So the question you could be asking is when is a good time to sell out of HD (or at least some of your HD to rebalance)? Why sell something that is still increasing in price? Only sell if you can determine that the price will not be increasing anymore in the near to medium term."}
{"_id": "2656", "title": "", "text": "One such place where you can sell your photos is iStockPhoto.  They are pretty picky about the photos they allow, so you should be a pretty good photographer and have good equipment.  It can take a while to build up an interest in your photos, but once you do you can make some decent money off it.  My sister is a semi-pro photographer and makes about $500 a month off photos she sells there."}
{"_id": "2699", "title": "", "text": "Thank you!   I've worked for two big companies that made the change and I now cringe when asked to use PowerPoint, Outlook or Excel. The level of collaboration with Gsuite is unparalleled. Plus, once you learn the small details, Gsuite basically provides the same exact tools with additional functionality.  Sounds like this company is maturing."}
{"_id": "2702", "title": "", "text": "Ben Miller offers you sounds advice. However, if it comes down to it I would reach out to a lawyer to negotiate this for you. If what you are presenting is true then you could easily sue them for the damages incurred. I have been in a similar situation and unfortunately using the lawyers is what was required to get the solution resolved. Based on my previous experience a simple letter from a local lawyer office would get this dropped pretty quick and should cost you around $150. Best of luck!"}
{"_id": "2703", "title": "", "text": "Cool, I think if you can do that you can make anything a habit.  As much as I believe in meditation I probably only mange about ten months out of twelve.  I've also taken up morning journaling - The Five Minute Journal is my journal of choice but any method that you stick with is good."}
{"_id": "2705", "title": "", "text": "\"I'm impressed.  She must have a substantial income to agree to a $500/month car payment.  I imagine her income is about 20K per month for that to make sense.  What kind of work does she do?  To answer your question, typical lease do not work the way you describe.  Paying an extra $2000 will allow you to skip 4 payments (provided the payments were exactly $500) any time in the future.  It does not modify the terms of the lease which would include the payment amount.  Also one does not receive a fiance charge reduction benefit as with a loan.  Essentially you are providing a loan to the leasing company for free. To be explicit you cannot tell the mortgage company anything as she is applying for the loan, not you.  She can tell the mortgage company the new payment is $400, but she would be falsifying the application which is not advisable. Perhaps the mortgage company is doing her a favor.  They are indicating her life is out of control financially.  Either she is attempting to purchase way to much home or her consumer debt is out of control.  It could be a combination of both.   My first paragraph was written to be \"\"tongue in check\"\" in order to demonstrate absurdity.  Without a substantial income and an substantial net worth, a 500/month car payment is simply ridiculous.  While it is someone average, when you compare it to the average income (~54K/year) you understand why 78% of US households live paycheck-to-paycheck (are broke), and have no retirement savings. For your and her sake, please stop giving all your hard earned money to banks.\""}
{"_id": "2709", "title": "", "text": "Yahoo is actually a successful media company outside of the geek set.  Yahoo Sports and some of their women's mag content are quite popular.  It just looks awful to geeks because we remember it being a competitor/predecessor to Google, and we watched them run Flickr and various other properties they bought into the ground."}
{"_id": "2718", "title": "", "text": "The Canada Revenue Agency does indeed put out just the guide you want. It's at http://www.cra-arc.gc.ca/E/pub/tg/rc4070/rc4070-e.html - you should always take a good look at URLs to make sure they're really from the government and not from some for-profit firm that will charge you to fill out forms for free services. It covers ways to structure your business (probably a sole proprietor in your case), collecting and submitting GST or HST, sending in payroll remittances (if you pay yourself a T4 salary), and income tax including what you can deduct. It's a great place to start and you can use it as a source of keywords if you want to search for more details."}
{"_id": "2723", "title": "", "text": "Fair enough and I appreciate the advice. But I think in some cases we have a duty to point out contradictory statements, especially if they could be misleading to the average person. I don't want some poor kid who scraped together a few bucks, sees the big revenue numbers and assumes it's a sure thing."}
{"_id": "2742", "title": "", "text": "The other day, I was catching up on some saved articles while sitting next to my girlfriend on the couch. I was reading [Levine's article](http://www.bloombergview.com/articles/2014-08-12/biotech-firm-didn-t-enjoy-its-six-days-as-a-public-company) about the failed Vascular Biogenics IPO and kept literally laughing out loud. My girlfriend asked what was so funny so I read her this bit;  > I was a capital markets banker for four years, and a corporate lawyer before that, and today I did a thing I've never done before, which is read an underwriting agreement. Nobody reads underwriting agreements! The point of an underwriting agreement is for junior lawyers to get practice using track changes in Word.   I don't think I've ever seen a more disinterested stare from her, but I don't care, that shit is hilarious."}
{"_id": "2748", "title": "", "text": "from what i understand, which is not much, some companies use some of their own company shares as securitisation for loans. If the share price decreases, the security in the loan decreases, which means the company would need to find new capital. It can create a vicious cycle if the fall in share price is the result of operational concerns."}
{"_id": "2755", "title": "", "text": "The point of co-signing for a friend is that they're your friend.  You signed for them in the belief that your friendship would ensure they didn't burn you.  If your friend has hung you out to dry, basically they aren't your friend any more. Before you lawyer up, how's about talking to your friend as a friend?  Sure he may have moved away from the area, but Facebook is still a thing, right?  It's possible he doesn't even realise you're taking the fall for him. And presumably you have mutual friends too.  If he's blanking you then he does know you're taking the fall and doesn't care.  So call/message them too and let them know the situation.  Chances are he doesn't want all his other friends cutting him off because they can see he'd treat them the same way he's treating you.  And chances are they'll give you his number and new address, because they don't want to be in the middle. If this fails, look at the loan.  If it's a loan secured against something of his (e.g. a car), let it go.  The bank will repossess it, and that's job done.  Of course it will look bad on your credit for a while, but you're basically stuck with that."}
{"_id": "2768", "title": "", "text": "They use an amortization table like can be found Here.  The Forumula is not that complex  where:   A = payment Amount per period    P = initial Principal (loan amount)   r = interest rate per period   n = total number of payments or periods You will need to add 50 to  the A to account for the payment fee amount though."}
{"_id": "2788", "title": "", "text": "\"It was bound to happen, it's just happening sooner because they can use the excuse of minimum wage rising. After McD's does it other places are soon to follow to \"\"stay competitive\"\".  We can address the situation now and start training people for jobs that will be available in 20 years or we can argue about entitled people/bad businesses and everyone will suffer sooner or later.\""}
{"_id": "2790", "title": "", "text": "Couple of ways they save money which doesn't seem significant but actually makes a big difference    * debit and cash only    * shoppers get and put away their own carts    * low shop size    * private label and high number of product turnover    * Low employee counts    * Low technology costs & decoration costs    * Cash on order (from shop to distributor)    * Just in time supply chain     * German efficiency"}
{"_id": "2809", "title": "", "text": "\"I'm in a similar situation. First, a 529 plan can be use for \"\"qualifying\"\" international schools.  There are 336 for 2015, which includes many well known schools but also excludes many schools, especially lower level or vocational schools and schools in non-English speaking countries. I ran 3 scenarios to see what the impact would be if you invested $3000 a year for 14 years in something tracking the S&P 500 Index: For each of these scenarios, I considered 3 cases: a state with 0% income tax, a state with the median income tax rate of 6% for the 25% tax bracket, and California with an income tax rate of 9.3% for the 25% tax bracket. California has an addition 2.5% penalty on unqualified distributions.  Additionally, tax deductions taken on contributions that are part of unqualified distributions will be viewed as income and that portion of the distribution will be taxed as such at the state level. Vanguard's 500 Index Portfolio has a 10 year average return of 7.63%.  Vanguard's S&P 500 Index fund has a 10 year average return of 7.89% before tax and 7.53% after taxes on distributions. Use a 529 as intended: Use a 529 but do not use as intended: Invest in a S&P 500 Index fund in a taxable account: Given similar investment options, using a 529 fund for something other than education is much worse than having an investment in a mutual fund in a taxable account, but there's also a clear advantage to using a 529 if you know with certainty you can use it for qualified expenses.  Both the benefits for correct use of a 529 and the penalties for incorrect use increase with state tax rates. I live in a state with no income tax so the taxable mutual fund option is closer to the middle between correct and incorrect use of a 529.  I am leaning towards the investment in a taxable account.\""}
{"_id": "2810", "title": "", "text": "The author is using the simple Dietz method, (alternatively the modified Dietz), with the assumption that the net cash-flow occurs halfway through the time period.  Let's say the time period is one year for illustration, so the cash-flow would be at the end of the second quarter. The money-weighted method gives a more accurate return, but has to be solved by trial-and-error or using a computer.  The money-weighted return is 11.2718 % and the simple or modified Dietz return is 11.2676 %.  When the sums are done backwards to check, the Dietz is half a dollar out with a final value of $11,999.50 while the money-weighted return recalculates exactly $12,000. It is worth pointing out that the return changes if the cash-flow is not in the middle of the time period.  A case with the cash-flow at the end of Q3 is added to illustrate."}
{"_id": "2818", "title": "", "text": "They did this before. Said they were building a new factory in PA a few years ago. Have yet to do anything.  This will be really embarrassing if they don't deliver after Trump made this huge deal of it at the White House. Probably should have looked into this company's pretty long history of not delivering on these type of projects."}
{"_id": "2823", "title": "", "text": "\"These are all virtual meetings.   The reasons are varied. For a lot of the best people, they are simply too busy to be that proactive - they are constantly in fire fighting mode, but want to be involved and help, so they dial in, and multitask. I get that, but in the end it is a poor use of everyone's time and focus.    I try and suggest things to people like booking time on their calendars for catching up on paperwork or emails (and avoiding all day meetings), but in the end I have no control on how they manage their time and work.   My peers are also at fault in that - there are way too many managers that think any topic over three emails must have a meeting, or have massive meetings every week just to read a powerpoint.    I would love to have some enterprise rules on meetings, like - \"\"meetings should only be between 9-11, 1-4.\"\" Or \"\"no more than 10 people per meeting,\"\" - think about the per hour cost of a 30 person meeting.\""}
{"_id": "2825", "title": "", "text": "Inflation is bad for people with lots of cash assets. It's good for debtors, particularly debtors with unsecured debt."}
{"_id": "2828", "title": "", "text": "\"> \"\"The thing that is working to Foxconn's advantage here is that there were several states competing for this\"\", thats exactly it.   This is the problem. It's a net loss for the country.  Sure, Paul Ryan's district (what a coincidence right?!) benefits, but that's at the expense of Pennsylvania (the last place Foxconn claimed they were building a factory and never did.)  It's just a race to the bottom.\""}
{"_id": "2830", "title": "", "text": "If you are tired of acting as the bank after selling your Real Estate and owner-financing the loan with a promissory note, we can offer a sound and painless exit strategy today. We can fund the purchase in as little as 15 business days. We at Cash Note USA buy Real Estate Promissory Notes Nationwide. We Purchase Owner Financed Mortgage, Land Contract, Contract For Deed, Deed Of Trust, Private Mortgages, Secured Notes, Business Notes, Commercial Notes and Partial Notes and many kinds of seller carry back mortgage notes. Convert Real Estate Note To Cash Now.Sell Your Mortgage Note Fast & get More Cash For Your Note. You will get a Fair Offer Within 24 Hours.Get your Note cashed today!    Cash Note USA is a note buyer all over the nation. Convert your mortgage payments into cash. Simple closing process. We buy Promissory Notes, Real Estate Trust Deeds, Seller Carry Back Notes, Land Contract, Contract for Deed, Privately Help Notes, Commercial Mortgage Notes & Business Promissory Notes.   Contact Us: Cash Note USA 1307 W.6th St.Suite 219N, Corona, CA 92882 888-297-4099 cashnoteusa@gmail.com http://cashnoteusa.com/"}
{"_id": "2835", "title": "", "text": "Negotiation is a very practical topic, and I learned more about it from this book then my MBA classes.  Getting More: How to Negotiate to Achieve Your Goals in the Real World Hardcover by Stuart Diamond"}
{"_id": "2854", "title": "", "text": "Don't quote me on this, but...  Half-Life 3.  r/nocontext  +/u/User_Simulator PostNationalism  12pm UTC  Really like the Red Stripe, they look so so so good. Would love to win them!  I'm sad  bad bot  https://en.m.wikipedia.org/wiki/Internet_bot  Rock!   Enjoy.   ^(Tiddies)   ^^Have ^^a ^^nice ^^day ^^by ^^the ^^way."}
{"_id": "2860", "title": "", "text": "\"I'm not aware that any US bank has any way to access your credit rating in France (especially as you basically don't have one!). In the US, banks are not the only way to get finance for a home.  In many regions, there are plenty of \"\"owner financed\"\" or \"\"Owner will carry\"\" homes.  For these, the previous owner will provide a private mortgage for the balance if you have a large (25%+) downpayment.  No strict lending rules, no fancy credit scoring systems, just a large enough downpayment so they know they'll get their money back if they have to foreclose.  For the seller, it's a way to shift a house that is hard to sell plus get a regular income. Often this mortgage is for only 3-10 years, but that gives you the time to establish more credit and then refinance.  Maybe the interest rate is a little higher also, but again it's just until you can refinance to something better (or sell other assets then pay the loan off quick). For new homes, the builders/developers may offer similar finance. For both owner-will-carry and developer finance, a large deposit will trump any credit rating concerns.  There is usually a simplified foreclosure process, so they're not really taking much of a risk, so can afford to be flexible. Make sure the owner mortgage is via a title company, trust company, or escrow company, so that there's a third party involved to ensure each party lives up to their obligations.\""}
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{"_id": "2875", "title": "", "text": "The trick is that any payment you send over the minimum required will be applied to the check balance first, not your main purchases. I guess if you don't use that card for anything else at all it might work out."}
{"_id": "2884", "title": "", "text": "If you are looking for stunning outdoor clocks, master clocks showing accurate time schedules and bell system needed to play buzzer sounds, alarm,etc. then find the same at Admoveo Solutions. With the collection of reliable systems and clocks, they have brought up the quality products. @ http://www.admoveosolutions.com/master-bell-system/"}
{"_id": "2889", "title": "", "text": "No.  Floppy disks are simple magnetic media you could make yourself in your basement.    FLASH memory, hard drives, etc have more code in their embedded controllers than that entire launch control system.  If the floppy has enough storage why would you want to unnecessarily add a bunch of complexity for such a critical task as nuclear security."}
{"_id": "2890", "title": "", "text": "\"MBS is a fairly general term \"\"Mortgage Backed Securities\"\" which simply means that the bond is collateralized with mortgages.  Pass throughs are a type of MBS that is untranched: all bond holders of the deal are receiving the same interest and principal payments, there is no senior or subordinate class of bonds.   Agency passthroughs bond holders receive any principal and interest payments paid by the loans in the pool, minus a slice of the interest payment that pays billing and insurance fees (servicing and guarantee fees, usually a .5% slice of the mortgage interest rate).  On agency product (including Ginnies), if a loan defaults it will be bought out of the pool, with the bondholder receiving all of the expected principal and any interest due on the loan.  Agency deals with different classes of bonds are usually called REMICs.  Passthrough may also be split into  principal-only (PO) and interest-only (IO) pieces.   There is also a huge forward market in soon-to-be-issued passthroughs called the TBA market.  Ginnie Mae has two slightly different programs referred to as Ginnie I and Ginnie II.  Ginnie also has commercial and construction loan financial products.  Freddie and Fannie have the same type of financial products as Ginnie, but there are differences in the sort of loans that Ginnie has vs the other agencies, as well as subtle minor differences between the contract terms of the securities.  Ginnie is also more explicitly guaranteed by the federal government.  You may want to look at:  http://www.ginniemae.gov/index.asp (especially the \"\"For Investors\"\" and \"\"For Issuers\"\" sections.)  Wikipedia's MBS may be more clear than my description: http://en.wikipedia.org/wiki/Mortgage-backed_security#Types\""}
{"_id": "2900", "title": "", "text": "Manufacturer of Quartz Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php Supplier of Quartz Grit in India, Manufacturer of Quartz Grit in India - Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. Usage of Quartz Grit in tiles, Ferro alloys, Ferro silicon, Ferro chrome, oil drilling, artificial granites, and electrical industries. Other applications of quartz grit are in steel industries, sugar refining, dairy farms, paper industries, chemical industries and water treatment plants."}
{"_id": "2903", "title": "", "text": "Do you also want to start charging companies and people for using computers? Excel?  What about any machines? Surely trains took jobs away as they can carry a ton of cargo.  Point is, taxing automation sounds nice, but it's ridiculous. We've been automating things for a long long long time. The type of automation is just changing."}
{"_id": "2906", "title": "", "text": "You're mistaking random chance with luck. I did absolutely everything I could think of to maximize my chances and I deserve the credit for it. There may have been some element of random chance, but I'd say I reduced the odds of getting a full time job out of college from 1:4 to 1:1 at least.    Others with the same opportunities as me do not. Time and time again I see college grads doing nothing but sending out resumes. It just won't work on its own, you have to work every angle."}
{"_id": "2929", "title": "", "text": "\">Yeah but they don't go to work high.   Exactly.  >The millennial smokers I see often smoke a few times a day.   I'm familiar with the phenomenon. Hell, when I was in college I went through a phase like that myself. Most people learn to self-regulate before long.   >Come to LA where I live and TONS of them have the stupid fake ass marijuana cards. Medical use my ass, loser use is what it should be called.  I lived in LA for years and had a card. I actually have several medical conditions that justify it, but that's beside the point that marijuana should simply be legal. Alcohol is legal even though it is a far more dangerous substance than pot. I don't have a huge problem with people circumventing a senseless restriction on a harmless activity. Plus isn't it fully legalized in California now?  >I wouldn't call daily smokers happy or successful. Someone that is happy or successful can unwind without the use of drugs whether its weed or alcohol. ... HAVE used is different than use daily, you do understand that, right?  You don't have to be a daily smoker to test positive. People who only smoke once a week are likely to fail a drug test. There's no reason to think that those people are unhappy, unsuccessful, can't unwind without drugs, or any other negative generalization you might want to impose.    >\"\"NPR had a statistic that about 1 in 3 Millenials live at home with their parents, 1 in 3 live with a friend or relative and the rest have their own place or live with their SO\"\"  I don't dispute those statistics, but they're about Millennials, not pot smokers. Millennials' economic difficulties are more likely to be caused by the economy than they are by any widespread drug abuse, which allegation I have no reason to think is supported. And even if Millennials do use crazy amounts of drugs, so did the Baby Boomers, whose economic prosperity does not seem to have been impaired in the slightest.\""}
{"_id": "2943", "title": "", "text": "Have you been looking for industrial photographer in Melbourne? If so, how about getting in touch us at Glenn Hester Photography, an industrially successful and age experienced industrial photography service company in Melbourne? Well, it always feels good when you receive something highly satisfactory in turn of your hard-earned money. This is what, we shall offer you if given a chance to serve you. We believe, a good corporate photography is a combination of right location, handful of time for thorough management, suitable dressing and of course proper incorporation of background and image color."}
{"_id": "2956", "title": "", "text": "Golf Home Guru offers the best selection of Fort Myers Golf Homes for Sale, including some of the most appealing golf homes on the market today. As one of the most wonderful cities in the County of Lee, Florida, Ft. Myers celebrates its colorful history while offering many other motivating factors that contribute to the continuous popularity and demand for Ft. Myers homes for sale."}
{"_id": "2959", "title": "", "text": ">Actually, I would imagine the terms for credit are better post-bankruptcy filing, than immediately pre-filing.   From what I see that's true. Pre filing had no options whatsoever or the terms were so bad that it wasn't worth it. Post filing, while the terms were not the best by no means, at least there were decent options there."}
{"_id": "2960", "title": "", "text": "Grocery coupon sites I use: http://www.coupons.com http://www.smartsource.com http://www.redplum.com"}
{"_id": "2966", "title": "", "text": "\"Right. The definition of \"\"made with 100% chicken\"\" changes depending on whether that particular company sources soy protein and chicken separately and mixes them, vs purchasing it already mixed. The consumer doesn't care if this particular company is putting the chicken and the soy together, all they care about is what's in the package. That's what I mean by the fact that at some level everything with chicken is made with 100% chicken. Legally they can't say that it's made with 100% chicken unless one of the items they purchase from a supplier is just chicken, but morally, biologically, nutritionally and logically it is the same whether they put the chicken into their mixing pot or an upstream supplier does.  Lets take a concrete example. This [breakfast sandwich](https://www.jimmydean.com/products/sandwiches/delights/delights-applewood-smoke-chicken-sausage-egg-whites-and-cheese-muffin-sandwiches) is \"\"made with 100% chicken.\"\" Obviously the entire food product is not chicken, but I wouldn't be surprised if someone walking down the aisle and picking it up thought, subconsciously, that the patty on it was 100% chicken. Is it actually? No. It is >98% chicken and water, and <2% other stuff. But what we are actually supposed to infer from that language is that the company who makes this sandwich purchases \"\"100%\"\" chicken, whatever that is, and mixes it with the rest of the ingredients to made something which is mostly chicken. In legal land, that is all that can be inferred from the statement. It's not exactly deceptive, but it's definitely not the clearest terminology that could be employed, and it definitely implies something that simply \"\"made with chicken\"\" does not imply.  I agree with you that the package almost always has all the information I would reasonably want on it, though, and in many cases it is obvious. That same sandwich lists all of the ingredients of the patty on the back, so the information is right there if you want to go to the small text.\""}
{"_id": "2975", "title": "", "text": "Mobile24.lt yra specializuota elektronikos parduotuv\ud70a, teikianti telefono ir mobiliojo telefono remonto paslaugas u\ud0d1 prieinam\ud6f3 kain\ud6f3. Mes si\ud070lome visas mobili\ud0a8j\ud0a8 telefon\ud0a8 remonto paslaugas:dangteli\ud0a8 keitimas, program\ud0a8 diegimas, garsiakalbi\ud0a8 keitims, ekran\ud0a8 keitimas ir ekrano stikliuk\ud0a8 keitimas. Skambinkite mums 866700033, kad gautum\ud70ate daugiau informacijos!"}
{"_id": "2981", "title": "", "text": "\"What is the best way that I can invest money so that I can always get   returns? Would it be to set up an FD in a bank, to buy land, to buy a   rental house, to buy a field, or maybe to purchase gold? Forever is a long time. Of the options you listed, the only one guaranteed to generate returns is a bank account. The returns may well be very small, but (absent an economy-wide financial failure) you will get the stated return. Land doesn't always retain its value, nor do rental houses or fields. Gold clearly fluctuates. But you would be better served to think about goals and how you can attain them. What do you want to do with the \"\"returns\"\"? If you are trying to set yourself up for purchasing a home, paying for college, or retirement, then the small returns on a bank account may be insufficient. And in that case you might be better served by worrying more about the size of the returns you need than the certainty of them. There may be many \"\"better investments\"\" if you more clearly define what you expect to achieve by your investment.\""}
{"_id": "2987", "title": "", "text": "\"We had an Aussie who works in Singapore in our office telling us that he couldn't believe how many acronyms Singaporeans have, and GFC was one of them. He said \"\"they love TLA in Singapore\"\". TLA? Three Letter Acronyms!\""}
{"_id": "2992", "title": "", "text": "We know picking a mattress can overwhelm \u2013 particularly since it's presumably been a while since your last outing to the mattress store. We're here to help comprehend it all and give you all that you have to know so you can locate the best queen mattress in orange to purchase for your way of life and budget. You wake up with a throbbing painfulness that scatter for the duration of the day. Your arms or shoulders nod off for the duration of the night, or you wake up hurling and turning. Your mattress hints at unmistakable wear and tear, for example, listing or the sides separating."}
{"_id": "2996", "title": "", "text": "Yes, the borrower is responsible for paying back the full amount of the loan. Foreclosure gives the bank possession of the property, which they can (and do) sell. Any shortfall is still the borrower's responsibility. But, no, the bank can't sell the property for a dollar; they have to make a reasonable effort. Usually the sale is done through a sheriff's sale, that is, a more or less carefully supervised auction. Bankruptcy will wipe out the shortfall, and most other debts, but the downside is that most of the rest of your assets will also be sold to help pay off what you owe. Details of what you can keep vary from state to state. If you want to go this route, hire a lawyer."}
{"_id": "3012", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/business/2017/aug/27/should-the-rich-be-taxed-more-a-new-paper-shows-unequivocally-yes) reduced by 89%. (I'm a bot) ***** > Under a Jeremy Corbyn government, someone earning around £125,000 or more would have been eligible for a new 50% income tax bracket and there would have been a 45% rate for people on more than £80,000.  > What's more, for the average US worker, the bad old days weren't really so bad. Finally, saying that the rich would never pay up is defeatist; tax loopholes could be closed, tax havens shut down, wealth - especially in the form of immovable land - could be taxed rather than income.  > As the paper concludes: "The overarching policy question is the following: in the current era of fiscal consolidation, should the rich be taxed more? Our evidence suggests unequivocally yes.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wzcbg/should_the_rich_be_taxed_more/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201183 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **income**^#2 **rich**^#3 **more**^#4 **time**^#5\""}
{"_id": "3018", "title": "", "text": "It's definitely something to keep on top of. Who knows if he's right, in the long run. I'm 100% positive cryptocurrency in general is here to stay and will complement fiats, but the question is whether another coin than Bitcoin can deliver something truly more useful. What exact idea will beat it? if you can answer that, you'll be a billionaire yourself, but imagining that someone will have such an idea is not hard at all. It's harder to imagine that no one ever will. And when that happens, it will probably happen fast and it's going to sting. Many people will be once bitten twice shy after that, and the total crypto market cap may take some time to recover."}
{"_id": "3022", "title": "", "text": "You should look into an inventory service that comes in and counts/weighs the bottles and kegs once a month. This keeps of inventory and keeps the bartenders accountable. Some restaurants do this daily which would be  consuming.  I\u2019d also install cameras over every well and register. Bring the heat!"}
{"_id": "3040", "title": "", "text": "It is basically the same situation what US was when the crash happened. People took on debt without the means to pay, even with awful credit records. But the problem isn't the debt people take on themselves, but with the limited disposable income they have how efficiently can their debts be serviced. And how do banks who lend out money can recover their money. When banks lend money to all and sundry, they have to take care of defaults and that is when financial wizardry comes into play. In US people have the option to default on their debt and refinance it, so banks assumed default and tried to hedge their risks. If this is an option in Australia, be ready for a crash else not to worry about much. If banks continue lending expect higher inflation rates, higher interest rates and maybe a downgrade of bonds issued by the Australian government. Higher import costs and a boom in exports because of devalued Australian dollar."}
{"_id": "3047", "title": "", "text": "I use paycheckcity.com and first punch in my paycheck and make sure it calculates within a few pennies the value of my actual paycheck. Then I fiddle with withholding values, etc. to see the effect of change.  It has been very effective for me over the years."}
{"_id": "3059", "title": "", "text": "Too long for a comment -  It's great that you are saving to the match on the 401(k). Does your company offer a Roth 401(k)? If so, you might consider that, instead. From the numbers you offered, you are likely in the 15% bracket now, but will find you move to 25% in years to come. The 2014 tax rates are out and how the 15% bracket ending at $36,900. (Over $47,000 gross income). I'd rather see you pay tax at 15% now, and use pre-tax accounts as your income rises. If the Roth is available."}
{"_id": "3062", "title": "", "text": "Yes -- If you are prepared to own the stock and have the cash to buy it, it can be a good way to generate income. The downside is really no more than buying a stock and it goes down -- which can happen to any investment -- and you have the premium of the put. Just don't do it on any stock you would not buy outright. To the posters who say it's a bad idea, I would like some more info on why they think that. It's not more bad idea than any investment. Yes it has risk, but so does buying stocks in general, buying dividend stocks etc and since most options expire worthless the odds are more in your favor selling puts."}
{"_id": "3074", "title": "", "text": "Are the schools going to count all my retirement I've saved over the   last 20 years as assets and calculate my EFC on 5.x% of that?! Yes."}
{"_id": "3075", "title": "", "text": "\"They aren't choosing winners and losers, if you want to use the game analogy then they are disqualifying assholes who flount an attitude of \"\"fuck you, I won't play by the rules\"\".  Your statement is the equivalent of a soccer fan getting pissed at the refs for DQing a player for picking up the ball over their head and running it to the goal over and over.\""}
{"_id": "3080", "title": "", "text": "That period was also significantly less regulated as measured by the size of the federal register. As of 2013, there is 18x as much regulation as in 1950 ([source](https://www.mercatus.org/video/visualizing-growth-federal-regulation-1950)).  Additionally, the middle class didn't pay taxes in the 90% bracket and the rich most likely didn't either as the rich tend to receive the majority of income through capital gains or other passive income.   The top capital gains rate was significantly less--25% starting in 1942--than the top rate for ordinary income during the post-war period.  Edit: spacing"}
{"_id": "3092", "title": "", "text": "To littleadv's comment, walking away may be the best option. If your numbers are as described, any ideas we could offer on earning or raising cash would be best to use as money to live on, not to pay down a loan on an under water house. the double wide you propose to buy will like cost less than your HELOC balance.  I'd see if you could buy that home first, renting the house, and only default after you're in the new place."}
{"_id": "3095", "title": "", "text": "What is essential is that company you are selling is transparent enough. Because it will provide additional liquidity to market. When I decide to sell, I drop all volume once at a time. Liquidation price will be somewhat worse then usual. But being out of position will save you nerves for future thinking where to step in again. Cold head is best you can afford in such scenario. In very large crashes, there could be large liquidity holes. But if you are on upper side of sigmoid, you will be profiting from selling before that holes appear. Problem is, nobody could predict if market is on upper-fall, mid-fall or down-fall at any time."}
{"_id": "3104", "title": "", "text": "\"To answer the first part of your question: yes, I've done that!  I did even a bit more.  I once had a job that I wasn't sure I'd keep and the economy wasn't great either.  In case my next employer wouldn't let me contribute to a 401(k) from day one, and because I didn't want to underfund my retirement and be stuck with a higher tax bill - I \"\"front-loaded\"\" my 401(k) contributions to be maxed out before the end of the year.  (The contribution limits were lower than $16,500/year back then :-)) As for the reduced cash flow - you need of course a \"\"buffer\"\" account containing several months worth of living expenses to afford maxing out or \"\"front-loading\"\" 401(k) contributions.  You should be paying your bills out of such buffer account and not out of each paycheck.  As for the reduced cash flow - I think large-scale 401(k)/IRA contributions can crowd out other long-term saving  priorities such as saving for a house down payment and the trade-off between them is a real concern.  (If they're crowding out basic and discretionary consumer expenses, that's a totally different kind of problem, which you don't seem to have, which is great :-)) So about the trade-off between large-scale 401(k) contributions and saving for the down payment.  I'd say maxing out 401(k) can foster the savings culture that will eventually pay its dividends.  If, after several years of maxing out your 401(k) you decide that saving for the house is the top priority, you'll see money flow to the money-market account marked for the down payment at a substantial monthly rate, thanks to that savings culture. As for the increasing future earnings - no.  Most people I've known for a long time, if they saved 20% when they made $20K/year, they continued to save 20% or more when they later made $100K/year.  People who spent the entire paycheck while making $50K/year, always say, if only I got a raise to $60K/year, I'd save a few thousand.  But they eventually graduate to $100K/year and still spend the entire paycheck.  It's all about your savings culture. On the second part of your question - yes, Roth is a great tool, especially if you believe that the future tax rates will be higher (to fix the long-term budget deficits).  So, contributing to 401(k) to maximize the match, then max out Roth, as others suggested, is a great advice.  After you've done that, see what else you can do: more 401(k), saving for the house, etc.\""}
{"_id": "3110", "title": "", "text": "The Paypal 'classic' site option has now been removed and you will not know what you will be charged UNTIL YOU COMMIT TO BUY.  Paypal told  me today ( brexit day 24th ) that their site is NOT connected to the Ebay site so when Ebay tells me '$77.00 approximately \u00a352.43' for an item I would in fact pay \u00a359.62.   You will Not be aware of this UNTIL you commit to by. Paypal informs me there are no plans to restore the 'classic' option Paypal site."}
{"_id": "3118", "title": "", "text": "Dividends are normally paid in cash, so don't generally affect your portfolio aside from a slight increase to 'cash'.  You get a check for them, or your broker would deposit the funds into a money-market account for you.  There is sometimes an option to re-invest dividends, See Westyfresh's answer regarding Dividend Re-Investment Plans. As Tom Au described, the dividends are set by the board of directors and announced.  Also as he indicated just before the 'record' date, a stock which pays dividends is worth slightly more (reflecting the value of the dividend that will be paid to anyone holding the stock on the record date) and goes down by the dividend amount immediately after that date (since you'd now have to hold the stock till the next record date to get a dividend)  In general unless there's a big change in the landscape (such as in late 2008) most companies pay out about the same dividend each time, and changes to this are sometimes seen by some as 'indicators' of company health and such news can result in movement in the stock price. When you look at a basic quote on a ticker symbol there is usually a line for Div/yeild which gives the amount of dividend paid per share, and the relative yeild (as a percentage of the stock price).  If a company has been paying dividends, this field will have values in it, if a company does not pay a dividend it will be blank or say NA (depending on where you get the quote).  This is the easiest way to see if a company pays a dividend or not.  for example if you look at this quote for Google, you can see it pays no dividend  Now, in terms of telling when and how much of a dividend has been paid, most financial sites have the option when viewing a stock chart to show the dividend payments.  If you expand the chart to show at least a year, you can see when and how much was paid in terms of dividends.  For example you can see from this chart that MSFT pays dividends once a quarter, and used to pay out 13 cents, but recently changed to 16 cents.   if you were to float your mouse over one of those icons it would also give the date the dividend was paid."}
{"_id": "3135", "title": "", "text": "I think your math is off but I don't have time to work it out.  It seems like the top 4 could conceivably have less than 2.2 million jobs between them. Your math appears to leave nothing for the other 46 states which is not the intent of that statement.  The other 46 just added less than 113,500 each but the majority of that 2.2 million could still be distributed among them."}
{"_id": "3143", "title": "", "text": "like he had anything to do with that.. when did you check out bro? did you just say you expect a plan for nuclear terrorism? actually? maybe your parents should handle your posts for you if they can. the plan for nuclear terrorists is kill them before they push the ever lovin motherfuckin button. But by all means, tells us your detailed plan to handle these men."}
{"_id": "3149", "title": "", "text": "Looking for the best in brain-building activities has most likely seen the excitement around LEGO Bricks in recent years. An increasing number of parents and educators are recognizing the learning opportunities these little interlocking bricks can bring to their kids."}
{"_id": "3150", "title": "", "text": "Beside standard Swift (which may be registered and checked for money laundering) there are the money transfer companies (Western Union) and the electronic currencies like bitcoin.  Besides that is buying something very expensive (gold / diamonds) and sell them again a possibility to transport vast amount of value."}
{"_id": "3155", "title": "", "text": "> I don't have any data for this, but I believe online sales would increase as brand awareness increases. There are also benefits where you can buy online and have it delivered, but return in person.  Right, right...I wonder if it's beneficial sometimes to have a physical location because the consumer is less likely to make the purchase if they have to go through the process of shipping it back.  Would be very interesting to see if after X amount of time if a brand is still as prominent online as it was in Y location after it left physically, or does leaving physically cause a degradation in brand awareness and thusforth sales.  >Probably low rents. Commercial real estate is a difficult business. Hot locations are always rented. Bad locations will do anything to keep their tenants.  Figured. I wonder how common re-negotiations are.  >I have never seen either of those items be accepted for return...  They do, and then they are damaged out. Perhaps this is part the answer, in order to have a lenient return policy physical locations are part of the equation to decrease loss."}
{"_id": "3169", "title": "", "text": "Well, as far as anecdotal evidence goes, my SO is working on a undergraduate finance degree at U of T, and has been hired at the Canadian office of a large American bank, in a field related to IB.  That said, if it's possible to be hired at the Canadian office of an American bank, presumably it is possible to apply and 'cross-over' to an American branch in the future - all you need is to be able to get your foot in the door, and be re-hired to another position as an insider, with references from your MD, Director and Associate.  Another piece of anecdotal evidence is that many of her superiors have degrees in other subject areas. The reality is, they're looking for smart people - pedigree is probably reasonably unimportant.  I'm not sure if this information is transferable to work as a quant, though. In many ways, your discipline would be more technical, or skill based, and require less 'character' from the applicant, and more competency.  As for Montreal.. the only two schools pedigreed Americans know of are McGill and U of T, generally in that order (everyone will know of McGill, and about half of those people will know of U of T). I can imagine that either of the two schools would be an excellent choice - I am biased toward U of T for personal reasons, and also because it is located directly beside Bay Street, so the networking opportunities for the widest variety of international banks (and private wealth managers) are definitely there, but I wouldn't knock McGill, from a reputation perspective.   I think the reality is that while you should consider your options *carefully*, whatever option you choose will be based on a lot of over-thinking - it's unavoidable, and a good thing, but ultimately, I imagine, meaningless. If you're smart, driven and connected, you *will* get the job, regardless of which of those two schools you choose."}
{"_id": "3173", "title": "", "text": "No. An employer is legally obliged to deduct taxes from your pay cheque and send them to the IRS. The only way round that is to either provide evidence of deductions that would reduce your tax bill to nothing, or to become self-employed."}
{"_id": "3181", "title": "", "text": "> Operating in a country that allows you to make profit, in my opinion, establishes a duty to pay one's fair share of taxes. Paying legislators to make laws enabling tax avoidance is, in my mind, unethical. Clearly we have a different idea of what is ethical and not.  You have stumbled upon the heart of exactly why Burger King's actions (and those of other companies that do similar things) are perfectly justified, although perhaps not in the manner you intended.   In the entire developed world, corporations are taxed at a certain rate on the income that they make as a result of business operations in that country.  In the US, US headquartered corporations are taxed at a certain rate not only on the income that they make a result of business operations in that country, but also on the income that they make as the result of business operations in other countries.   Operating in a country that allows you to make a profit established a duty to pay one's fair share of taxes. Operating in a country that allows you to make a profit does not establish any duty to pay one's fair share of taxes *to an entirely different country*. Or at least, no moral or ethical obligation to do so. The US may try to make a legal obligation to do so, but I certainly can't fault any company which tries to avoid that obligation, since the obligation is inherently unjust in the first place.  If you don't want companies doing stuff like this, might I suggest that your country should stop imposing such ridiculous tax laws, and get in line with the rest of the developed world. Every other country in the world is content to tax their fair slice of the pie for stuff that happens in their borders; only the US expects a bite out of everyone else's pie too.   Same should go for personal income earned by US citizens living abroad. They should have no obligation to pay US income taxes."}
{"_id": "3188", "title": "", "text": "More likely employees that were either never trained, trained improperly, or just don't give a fuck. I'm sure there was plenty of Target employees raking in free money but it was clearly not just an inside job with how widespread the practice became."}
{"_id": "3217", "title": "", "text": "I am from Australia, so my answer is based on my experience over here, however it should be similar for the USA. Generally, what determines both the price of houses/apartments and the rents for them is supply and demand. When there is high demand and low supply prices (or rents) generally go up. When there is low demand and high supply prices (or rents) usually go down. What can sometimes happen when house prices go down, is that the demand can drop but so can supply. As the prices drop, developers will make less money on building new houses, so stop building new houses. Other developers can go bankrupt. As less people (including investors) are buying houses, and more people (including investors) try to sell their existing houses, there will be more people looking to rent and less rental properties available to rent. This produces a perfect storm of high demand and low supply of rental properties, causing rents to rise strongly. When the property prices start to go up again as demand increases, there is a shortfall of new properties being built (due to the developers not building during the downturn). At this time developers start to build again but there is a lag time before the new houses can be completed. This lack of supply puts more pressure on both house prices and rents to go up further. Until equilibrium between supply and demand is realised or an oversupply of rental properties exists in the market, rents will continue to rise."}
{"_id": "3222", "title": "", "text": "This depends in part on where you are. Sometimes signing over the title is all it takes to transfer ownership, sometimes more is involved.  Contact your local department of motor vehicles (or equivalent)  and ask them about how to transfer ownership, about registration (probably NOT transferrable), about license plates (you may need new ones), and about when the next inspection will be due (here, I think they gave me a grace period of one month to complete that even though it had been inspected for the previous owner two months earlier)."}
{"_id": "3233", "title": "", "text": "VPN service allows access to secure data surfing. With many added features you can register for the service on your android phone as well. Invite and earn referal also available on the VPN service. Feel free to visit our website 24x7."}
{"_id": "3243", "title": "", "text": "I would presume this goes entirely through the credit card network rather than the banking network. I am guessing that it's essentially the same operation as if you had returned something purchased on a card to the store for credit, but I'm not sure whether it really looks like a vendor credit to the network or if it is marked as a different type of transaction."}
{"_id": "3251", "title": "", "text": "I got down voted for my comment.  But, this is exactly what a lot proponents of higher capital taxes argue.  That, if you are not a hoarder of wealth; then, you should not worry about a high capital gains tax.    And, again as the video clearly demonstrated.  Capital gains prevent labor gains; where the lower and middle classes earn."}
{"_id": "3279", "title": "", "text": "Most mutual funds underperform the stock market.  Of those that over-perform, much of the performance can be attributed to dumb luck.  Most mutual funds exist to generate fees from you, rather than make you wealthy.  In my opinion, if you want to invest in one, choose a no-load index fund, and you will outperform most other funds.  Better still get some good financial education and learn to manage your funds/investments yourself."}
{"_id": "3283", "title": "", "text": "\"http://finance.yahoo.com/stock-alerts/stock-watch/add/?.done=/stock-alerts/ You will have to have a yahoo account. If you want to provide an alternative delivery email address, visit the URL above. Click \"\"Stocks Watch\"\", enter ticker(s) and price(s) at which you want alerts, then at the bottom select the \"\"email\"\" radio button. If your preferred email address is not listed, click the \"\"Add an email address\"\" link and follow the instructions. I don't know what their limit is, but I currently have three addresses set up -- two to non-@yahoo addresses -- and it works fine.\""}
{"_id": "3293", "title": "", "text": "This seems really simple to me."}
{"_id": "3312", "title": "", "text": "\"The link you originally included had an affiliate code included (now removed). It is likely that your \"\"friend\"\" suggested the site to you because there is something in it for your \"\"friend\"\" if you sign up with their link. Seek independent financial advice, not from somebody trying to earn a commission off you. Don't trust everything you read online \u2013 again, the advice may be biased.  Many of the online \"\"reviews\"\" for Regal Assets look like excuses to post affiliate links. A handful of the highly-ranked (by Google Search) \"\"reviews\"\" about this company even obscure their links to this company using HTTP redirects. Whenever I see this practice in a \"\"review\"\" for a web site, I have to ask if it is to try and appear more independent by hiding the affiliation? Gold and other precious metal commodities can be part of a diversified portfolio, a small part with some value as a hedge, but IMHO it isn't prudent to put all your eggs in that basket. Look up the benefits of diversification.  It isn't hard to find compelling evidence in favor of the practice.  You should also look up the benefits of low-fee passively-managed index funds. A self-directed IRA with a reputable broker can give you access to a wide selection of low-fee funds, not just a single risky asset class.\""}
{"_id": "3315", "title": "", "text": "I'll have to think it through, but at the very least unless your debt is a pure discount instrument and  you are using cash flows, some if that money IS getting paid during those 5 years. As in if you are using earnings, they pay p&i. Or if earnings and pure discount instruments, then amortized interest (I think, been a while).  You see the actual numbers and know what you are trying to do, but I'm a little lost. Are you building a discount model with a multiple terminal and using ev as the multiple? Are you using free cash flow to firm for the discounting? I'm guessing that's the case."}
{"_id": "3336", "title": "", "text": "\"Yes, kinda.   Talk to local banks about a business account, and tell them you want to enable certain employees to make deposits but not withdrawals.  They don't need to know you're all the same person.   For instance I have a PayPal account for business.  These allow you to create \"\"sub accounts\"\" for your employees with a variety of access privileges.  Of course I control the master account, but I also set up a \"\"sub account\"\" for myself.  That is the account I use every day.\""}
{"_id": "3364", "title": "", "text": "pretty good post. i just stumbled upon your blog and wanted to say that i have really enjoyed reading your blog posts.  ganska bra inl\u00e4gg. Jag har bara snubblat p\u00e5 din blogg och ville s\u00e4ga att jag verkligen haft l\u00e4sa dina blogginl\u00e4gg."}
{"_id": "3366", "title": "", "text": "The best would be to spend the money in US dollars. Order something from eBay/Amazon, even for resale, or pay someone in the US for services that you don't care where they're coming from, etc."}
{"_id": "3373", "title": "", "text": "\"For most banks this is not the case.  Transfers within the bank are usually instantaneous. It is not uncommon for banks to draw out the length of transactions because while the money is \"\"transferring\"\" or \"\"settling\"\" it is actually sitting on the bank's balance sheet, being lent out but not earning any interest.  A good deal for them when you aggregate over the millions of customers they have.  Your bank may be trying to squeeze a few pennies of interest out of you. Delays in transactions also allow their fraud team the flexibility to investigate transactions if they want to. Normally they probably don't but if the bank delays all transactions, then those being investigated will not be aware of it.\""}
{"_id": "3376", "title": "", "text": "Oxford Review makes a lot of sense.   You're right - I should start off with a small goal. I am planning to do a reach out to about 100 professors and kind of take it from there. Would you be interested in being an advisor?"}
{"_id": "3390", "title": "", "text": "*Follow the rules. You\u2019ve learned and passed driving exam by knowing and following the rules so just keep on doing and practicing it for a safe tour. *Don\u2019t drive as if you own the road. Remember that there are other vehicles across the way. *Before heading to a long road trip, be sure that you have plenty of rest or sleep so that you\u2019ll be alert when driving. *Listen to traffic reports or updates to know the best route that you take."}
{"_id": "3426", "title": "", "text": "You were told wrong. Lifetime Learning Credit is not a refundable credit. I.e.: it reduces your tax liability, but you cannot get refund if it exceeds your tax liability. See the IRS pub 970 for more information: A tax credit reduces the amount of income tax you may have to pay.   Unlike a deduction, which reduces the amount of income subject to tax,   a credit directly reduces the tax itself. The lifetime learning credit   is a nonrefundable credit. This means that it can reduce your tax to   zero, but if the credit is more than your tax the excess will not be   refunded to you. You may be able to qualify for a different benefit: the American Opportunity credit. This one is (partially) refundable. See here for details. This credit is available until 2017."}
{"_id": "3439", "title": "", "text": "It's not worth the effort - executing a transaction costs time and money,and if you get only back your 14 cent, why'd you care? Same reason why some people don't pick up a penny - not worth the effort"}
{"_id": "3455", "title": "", "text": "As I'm sure you are reading in Hull's classic, the basic valuation of bonds depends on the chance of entity defaulting on those bonds.  Let's start with just looking at the US.  The United States has a big advantage over corporations in issuing debt as it also prints the same currency that the debt is denominated in.  This makes it much easier not to default on your debt as you can always print more money to pay it.  Printing too much currency would cause inflation lowering the value of debt, but this would also lower the value of US corporate debt as well.  So you can think of even the highest rated corporate bonds as having the same rate as government debt plus a little extra due to the additional default risk of the corporation. The situation with other AA rated governments is more complicated.  Most of those governments have debt denominated in their local currency as well so it may seem like they should all have similar rates.  However, some governments have higher and some actually have lower rates than the United States.  Now, as above, some of the difference is due to the possible need of printing too much currency to cover the debt in crisis and now that we have more than one country to invest in the extra risk of international money flowing out of the country's bonds. However, the bigger difference between AA governments rates depends more on money flow, central banks and regulation.  Bonds are still mostly freely traded instruments that respond to supply and demand, but this supply and demand is heavily influenced by governments.  Central banks buy up large portions of the debt raising demand and lowering rates.  Regulators force banks to hold a certain amount of treasuries perhaps inflating demand. Finally, to answer your question the United States has some interesting advantages partially just due to its long history of stability, controlled inflation and large economy making treasuries valuable as one of the lowest risk investments.  So its rates are generally on the low end, but government manipulation can still mean that it is not necessarily the lowest."}
{"_id": "3463", "title": "", "text": "You seem to think that stock exchanges are much more than they actually are. But it's right there in the name: stock exchange. It's a place where people exchange (i.e. trade) stocks, no more and no less. All it does is enable the trading (and thereby price finding). Supposedly they went into mysterious bankruptcy then what will happen to the listed companies  Absolutely nothing. They may have to use a different exchange if they're planning an IPO or stock buyback, that's all. and to the shareholder's stock who invested in companies that were listed in these markets ?  Absolutley nothing. It still belongs to them. Trades that were in progress at the moment the exchange went down might be problematic, but usually the shutdown would happen in a manner that takes care of it, and ultimately the trade either went through or it didn't (and you still have the money). It might take some time to establish this. Let's suppose I am an investor and I bought stocks from a listed company in NYSE and NYSE went into bankruptcy, even though NYSE is a unique business, meaning it doesn't have to do anything with that firm which I invested in. How would I know the stock price of that firm  Look at a different stock exchange. There are dozens even within the USA, hundreds internationally. and will I lose my purchased stocks ?  Of course not, they will still be listed as yours at your broker. In general, what will happen after that ?  People will use different stock exchanges, and some of them migth get overloaded from the additional volume. Expect some inconveniences but no huge problems."}
{"_id": "3465", "title": "", "text": "\"I'm from north jersey and not much of a gambler, so I'm def not their normal customer.  But I'm young(ish) and have some extra cash - they need to find a way to get me and my crowd. I think if they did organized trips, like party-buses drive back/forth, cheap/reasonable hotel room prices, and maybe some entertainment - I'd go.  And i'd drop enough money on shopping, restaurants, and booze to make it worthwhile.  One problem is that when I think \"\"what should I do this weekend?\"\", driving 3 hrs to pay for parking so I can gamble at a rundown hotel doesn't seem to come to mind.\""}
{"_id": "3466", "title": "", "text": "You must consider the different levels of risk associated with each loan. When the bank loans you money, it does so based on a high degree of information about your financial situation (through your credit report + additional information gathered at the time of granting your request). It feels quite confident that you will repay them, and therefore considers you to be low risk. In order to make a profit off of all its low risk clients, the bank only needs to charge a small rate of interest - competitive with the market but enough to cover the losses from clients who will default. When you loan money through a peer-to-peer program, you are at two distinct disadvantages from the bank: (1) Your loan portfolio will not be diversified; that is, you may have only a single person or a small handful of people owing you money. Any catastrophic event in their lives may wipe out their loan to you. Whereas the bank can play the averages with a broader client base. (2) You have less information, and ultimately less (effective) power to reclaim your losses. Would you feel confident walking behind the desk at a bank today, and deciding whether to approve someone's loan based on the information that the bank's back-end has already determined is necessary to make that decision? Now how about when you are doing it on your own? Because of this, you take on more risk from a peer-to-peer loan than a bank takes on from you. That's why the person is willing (or, required due to market availability) to pay a higher rate; they know they are higher risk. That doesn't mean this is a bad idea, just that there is a specific reason that the difference in rates exists, and it implies that you should consider carefully whether the risks outweigh the benefits. Note that the concept of taking a buy/sell position on two theoretically identical assets while earning a net profit at no risk is known as 'arbitrage'. Arbitrage situations rarely exist, and never for long. Whenever you see a position that appears to be arbitrage, consider what might make it not so. ie: you could buy inventory in location A, and sell it at 10% higher margin in location B - but have you considered transportation, carrying costs, and interest for the period that you physically held the inventory? The appearance of arbitrage may (in my opinion) be a sign that you have incomplete information."}
{"_id": "3468", "title": "", "text": "\"https://money.stackexchange.com/a/79252/41349 https://money.stackexchange.com/a/79261/41349  Adding to @Chris H answer about damage limitation Online purchases could include phone/tablet app purchases, which could be an issue if you have children or you are a victim of fraud. First link from googling \"\"Kid racks up almost $6,000 on Jurassic World in-app purchases\"\" Adding to @Michael C. Answer I think credit cards perhaps can make it more difficult to budget, if you are more lazy/have limited savings.  These might happen more long term if you don't keep track of your spending. I.e. If your credit limit matches your monthly income, and if you pay off your card each month, I think it is harder to overspend as you don't have more credit available than you can afford to spend. However this is countered by that, a slightly higher credit limit may help to avoid fees from exceeding your credit card limit. I think due to that some/not all purchases are instantly \"\"banked\"\", i.e. the shop might send all of its monies to its bank at the end of the day or something like this, so you can just keep spending not realising you have exceeding your credit limit and get hit by fees.\""}
{"_id": "3481", "title": "", "text": "\"Yes it's entirely possible; see below.  If you can't find anything on transfers out (partial or otherwise) on anyone's site it's because they don't want to give anyone ideas. I have successfully done exactly what you're proposing earlier this year, transferring most of the value from my employer's group personal pension scheme - also Aviva! - to a much lower-cost SIPP.  The lack of any sign of movement by Aviva to post-RDR \"\"clean priced\"\" charge-levels on funds was the final straw for me.  My only regret is that I didn't do it sooner!  Transfer paperwork was initiated from the SIPP end but I was careful to make clear to HR people and Aviva's rep (or whatever group-scheme/employee benefits middleman organization he was from) that I was not exiting the company scheme and expected my employee and matching employer contributions to continue unchanged (and that I'd not be happy if some admin mess up led to me missing a month's contributions). There's a bit more on the affair in a thread here.  Aviva's rep did seem to need a bit of a prod to finally get it to happen.  With hindsight my original hope of an in-specie transfer does seem naive, but the out-of-the-market time was shorter and less scary than anticipated. Just in case you're unaware of it, Monevator's online broker list is an excellent resource to help decide who you might use for a SIPP; cheapest choice depends on level of funds and what you're likely to hold in it and how often you'll trade.\""}
{"_id": "3495", "title": "", "text": "When a company IPOs the underwriters sell a given percentage on IPO day and shortly thereafter. Whatever is sold on IPO day trades freely.   Insiders, employees and investors who bought before the IPO only sell a percentage of their shares on IPO day. They all also agree to 'lock up' the remainder for a period of time, so that not everyone is rushing to the exits right away. Well, if you're an employee you don't per-se agree, it's just how your stock options are setup and you don't really have a say in the matter."}
{"_id": "3511", "title": "", "text": "Why is this on r/finance lol. But of course that's a common thing. 300 a month sounds extremely cheap depending on where you are. Sounds like your friend is trying to take advantage of your dad owning a house and stay there for free, no?"}
{"_id": "3519", "title": "", "text": "The top feature of these stacking windows and doors is that you can make considerable savings with their help because their design and make creates a kind of airtight construction that reduces the flow of outgoing and incoming heat and your home will stay cooler for longer in summers and warmer for longer in winters."}
{"_id": "3525", "title": "", "text": "\"Don't get me wrong. If I could consistently see 2 movies a month with this, it would be worth it. And there are almost certainly 24 movies I'd enjoy seeing  in cinemas in a given year.   It's just a big \"\"if\"\" for a lot of people.\""}
{"_id": "3528", "title": "", "text": "This slave rents from slumlords now.  They suck, but at least I was able to keep my dog.  The 10 years that it will take to rebuild my credit is daunting, but it's not okay to artificially inflate the price of something, only to drop it back down to half of the original price in the span of 2 years.  Nothing happened to that neighborhood.  It was and still is quiet and lovely.  But the schools there were abysmal, and I can't let my very gifted daughter think she's doing well when she's not working for the A that she gets."}
{"_id": "3533", "title": "", "text": "\"Warren Buffet isn't using any special sauce. He looks for value and ignores hype, greed, and fear. He buys what he knows and looks for companies that generate cash and/or are available for a discount of their true value. He explains what he looks for in a company and his reasons for buying it. He has said on numerous occasions, \"\"I look for intrinsic value.\"\" (So there's your formula.) Human nature is often  irrational and investing seems to bring out the fear and greed. I've always been a bit surprised when people ascribe some sort of sixth sense to Warren Buffet's success. He just works hard and doesn't deviate from a sound strategy. \"\"Be fearful when others are greedy and greedy when others are fearful.\"\" And of course, rule one: \"\"Don't lose money.\"\" It's not a joke. How many people buy high and sell low because of fear and greed? When the market tanks, buy more. Finally, anyone can invest with Buffet without all the work. Just buy a few shares of BRK.A or BRK.B.\""}
{"_id": "3544", "title": "", "text": "\"Oh Dear, our poor Oranagenottan is having a temper tantrum, poor baby, being called a \"\"Fucking Moron\"\" must really sting when all your life you have been wanted to be taken seriously, but life has been a series of Bankruptcies and Humiliating failures, and here you finally are, the President of the United states, arguably the most powerful man in the world and they just keep hounding you and making fun of you and ridiculing you.  All that anger and frustration, must be boiling over, the moment that all that you thought of yourself and all that you had become was finally coinciding and the world looked at you and thought  #Fucking Moron  and then they all laughed  You must be so very angry\""}
{"_id": "3548", "title": "", "text": "well, no, i just see some really huge numbers been thrown around, like Spain's banks will need several tens of Bn euros to be rescued... that's a huge amount of money, even if not a large share of the problem, a nation in trouble should not be saving the private sector's ass."}
{"_id": "3550", "title": "", "text": "> Amazon's share of new book unit purchases was 41%, dominating 65% of all online new book units, print and digital. The company achieved that percentage by not only being the largest channel for e-books, where it had a 67% market share in March, but also by having a commanding slice of the sale of print books online, where its share in March was estimated at 64%.  [source](http://www.publishersweekly.com/pw/by-topic/industry-news/bea/article/62520-bea-2014-can-anyone-compete-with-amazon.html#path/pw/by-topic/industry-news/bea/article/62520-bea-2014-can-anyone-compete-with-amazon.html)"}
{"_id": "3555", "title": "", "text": ">This is actual socialism, you understand that, right? Did you forget to read the part of socialism that defines it as workers controlling the means of production?  This is not socialism. Socialism is the collective ownership of the means of production. I'm not advocating that.  I said the exact opposite. I advocate the private ownership of the means of production.  I also advocate the distributed private ownership of the means of production.  The more capitalists and entrepreneurs, the better.  The scenario i described helps distribute the means of production to more individuals.  >Ya, and this is also exactly socialism's end goal  The ends are one thing, the means are another."}
{"_id": "3556", "title": "", "text": "I'm not so sure I buy this article, but for anyone who doesn't know, Rajan wrote a great book called Fault Lines that linked entrenching class disparity in the U.S. with the mortgage build up and the following crisis. Great read"}
{"_id": "3559", "title": "", "text": "\"(relix already hit on some of this)  It's hard to explain this to a five-year-old, because there are some fairly abstract concepts involved, but here goes...   All actual \"\"money\"\" is debt. All of it, including monetary gold, etc. (Don't argue with me yet, I'll get to that.)  Imagine a pretend world with no money, some kind of primitive villiage or something. Now let's invent paper money. You can't just print a bunch of paper that says people have to give you stuff, because nobody would honor it. But you *could* print IOUs. Let's walk through this...  - Let's say you're an apple-farmer and I'm a hunter. You want some meat but haven't harvested your crops yet. You say to me, \"\"hey, go hunt me some meat and I'll give you 1/10th of my apple harvest in the fall\"\". Fair enough, I give you meat, you owe me apples. There's probably a lot of this kind of stuff going on, in addition to normal barter. In time, standard \"\"prices\"\" start to emerge: a deer haunch is worth a bushel of apples, or whatever.   - Now, let's say a week later, I realize that my kid needs a new pair of shoes more than I need a bushel of apples. I come back to you and say,  \"\"Hey remember that bushel of apples you owe me? Could you write a marker, redeemable for one bushel of apples, that I can give to the shoemaker in trade for a pair of shoes?\"\" You say okay, and we have invented a *transferable note*, something a lot like money.   - In time, our little villiage starts to figure out that a note redeemable for a bushel of apples can be swapped for all kinds of things. The fisherman who doesn't even like apples will accept apple-certificates in trade for fish, because he knows he can trade them to boat-builder who loves apples. In time, you can even start to hire farm-workers without giving them anything except a note promising a cut of the future harvest.   Now, you are issuing *debt*: a promise to provide apples. The \"\"money\"\" is a transferable IOU-- your workers get a promise to provide value equal to a day of farm-work, or whatever, and it's transferrable, so they can use it to buy whatever they want. The worker gets fish from the fisherman, not in exchange for doing any work or giving him anything he can use, but in exchange for an IOU that the fisherman can redeem anywhere.   So far so good. But there are a couple of forks in the road here, on the way to a realistic monetary system, that we'll address separately:  - What happens if your apple orchard is destroyed in a wildfire? Suddenly all the notes that everyone has been trading are basically wiped out. It didn't \"\"go\"\" anywhere, it's just gone, it doesn't exist. Real value was genuinely destroyed. There is no thermodynamic law of the conservation of monetary value-- just as you and I created it by creating transferable debt, it can also be genuinely destroyed. (We'll get back to this in a minute, it gets interesting).   - The second issue is that, in all probability, the whole town is not *just* trading apple-certificates. I could also issue promises to catch deer, the fisherman could issue promises of fish, and so on. This could get pretty messy, especially if you got the notion to issue more apple-certificates than you can grow: you could buy all kinds of stuff with self-issued debt that you could never repay, and the town wouldn't find out until harvest-time comes. Once again, value has been \"\"destroyed\"\" people worked and made stuff and gave you stuff in exchange for something that doesn't exist, and will never exist. All that stuff they made is gone, you consumed it, and there is nothing to show for it.  The above two concerns are likely to become manifest in our village sooner or later, and probably sooner.  This leads to the question of *credit*, which is, at its most basic, a measure of *credibility*. Every time you issue an apple-certificate, you are *borrowing*, with a promise to repay from future apple-harvests.   After the first couple of town scandals, people will start taking a closer look at the credibility of the issuer. Let's say the town potato-farmer comes up with a scheme where his potato-certificates are actually issued by some credible third-party, say the town priest or whatever, who starts every growing season with a book of numbered certificates equal to the typical crop-yield and no more, and keeps half of the certificate on file, issuing the other half. Now there is an audit trail and a very credible system that is likely to earn the potato-grower a lot of credit, compared to other farmers in town. That means that the potato-grower can probably issue more notes at a better exchange rate than some murkier system. Similarly, the town drunk probably won't get much value for his certificates promising a ship of gold.   Now we have something like a credit market emerging, and the potato-farmer is issuing something closer to what we might call a modern \"\"bond\"\"...  (continued in a reply to this post...)\""}
{"_id": "3566", "title": "", "text": "\"There are books like, \"\"The Millionaire Mind\"\" that could be of interest when it comes to basics like living below your means, investing what you save, etc. that while it is common sense, it is uncommonly done in the world.  Something to consider is how actively do you want your money management to be?  Is it something to spend hours on each week or a few hours a year tops?  You have lots of choices and decisions to make. I would suggest keeping part of your savings as an emergency fund just in case something happens.  As for another part, this is where you could invest in a few different options and see what happens. There would be a couple of different methods I could see for breaking into finance that I'd imagine: IT of a finance company - In this case you'd likely be working on customizations for what the bank, insurance or other kind of financial firm requires.  This could be somewhat boring as you are basically a part of the backbone that keeps the company going but not really able to take much of the glory when the company makes a lot of money. Brains of a hedge fund - In this case, you may have to know some trading algorithms and handle updating the code so that the trading activities can be done by a computer with lightning speed.  Harder to crack into since these would be the secretive people to find and join in a way.\""}
{"_id": "3574", "title": "", "text": "They'll largely be fine. They're to the point where it's all about business plans and securing financing. Determining long term risk for these types of firms are the main hold up at this point. But, given that everything else is flooded with investment capital already, I expect more and more lenders to get into the space."}
{"_id": "3579", "title": "", "text": "\"Forbes is simply a well-distrubted content farm. Forbes doesn't write articles to \"\"inform the reader\"\" or \"\"make a coherent argument.\"\" Forbes writes articles simply to get attention from crowds to increase readership to increase ad revenue.  Forbes' business model is quite simple: (1) hire a bunch of pseudo-intellectual \"\"executive writers\"\" and have them scribble whatever idiotic idea comes to mind. And since these \"\"executive writers\"\" are such genius, they don't even to do research. The end result is a magazine and website written in doublespeak. (2) have an outsourced bureau in India construct lists of the \"\"words richest\"\" and \"\"most expansive\"\" things/people^1.  This way the publication appeals to the not-so-bright-and-rather-gullible-mid-level-executive manager^2 who is looking at ways to get ahead in his job so he/she can afford to buy Rolex watches and Armani tuxes so they can appear to be rich, powerful, and successful. These mid-level-executives try to implement all the bad ideas they pick up reading in the work place.  Of course this nothing new. The majority of business/investing magazines operate in the same manner (e.g. Smart Money, Money, Entrepreneur, etc). Think of Forbes as Cosmopolitan of business periodicals^3. Think of Forbes as Paris Hilton in a crowd of other attention-hungry socialites in front of a bored paparazzi^4.  In general, magazines are full of pointless and misleading information--the business of magazines has been marginalized into the business of cheaply putting words (and pictures) between advertisements. Forbes isn't about providing its readers with smart analysis; Forbes is about making a cheap magazine and filling it up with ads. So writers are judged on sheer output, not quality^5.   Today an article made it to the front page of reddit titled *89 Business Cliches That Will Get Any MBA Promoted And Make Them Totally Useless*^6 --I found this article to be wonderfully meta, since it implies that people who follow what they preach are useless. This gives me hope. Of course if things continue to degrade magazines will likely be entirely picture based by about 2020^7.  Please make it a point to only read/watch/listen/buy media that at least attempts to produce quality and unbiased content. If companies stop getting paid to manufacture shit, they will hopefully stop making shit.  **tl;dr** Forbes is a very elaborate content farm  1. Bonus points are awarded for lists that also tie-in three or more cleavage pics  2. there are quite a few of these people  3. Cosmo: \"\"10 ways to bring your man to orgasm\"\", Forbes: \"\"10 buzzwords you need in your resume\"\"  4. My point being things will naturally become quite obscene/ridiculous/dumb.   5. AMA Request: Forbes Editor/Writer  6. [link](http://www.forbes.com/sites/ericjackson/2012/06/19/89-business-cliches-that-will-get-any-mba-promoted-to-middle-management-and-make-them-totally-useless/)  7. In which case, we can only hope that either: magazines go bankrupt, 2012 Apocalypse predictions are correct.  edits* grammar elaboration being anal\""}
{"_id": "3583", "title": "", "text": "I think you are thinking too hard about this. If a billionaire's assets increase 70% in the stock market, he created $700M in new wealth.  If 300 people each create a million dollars in new wealth. We have 300 new millionaires creating 300M in wealth, but still 70% of wealth among the 301 people was created by the billionaire. 300 new millionaires is still a good thing, no matter what you think about how to tax a billionaire's assets."}
{"_id": "3616", "title": "", "text": "Your search for Sydney Handyman ends with Sydney Handyman Hire. Our growth in the last few years has come by earning the trust and building good relationships with clients. We have a track record of providing excellent services which allows our clients to focus on their work.  Address: 6/17-21 Bowden Street, Alexandria, NSW 2015,   Phone No: 1300 336 547"}
{"_id": "3623", "title": "", "text": "\"There's an elephant in the room that no one is addressing: Suckers. Usually when there's a bubble, many people are fully aware that its a bubble. \"\"This time its different\"\" is a sales pitch to the outsiders. It the dotcom boom for example a lot of people knew that the P/E was ridiculous but bought objectively valueless tech stocks with the idea of unloading them later to even bigger fools. People view it like the children's game musical chairs: as long as I'm not standing when the music ends some other sucker gets left holding the bag. But once you get that first hit of easy money, its sooo tempting to keep playing the game. Sometimes, if it lasts long enough, you start to drink your own kool-aid: gee maybe it really is different this time. The best way to win a crooked game is not to play*. *Just in case someone thinks I'm advising against the stock market in general, I'm not: I'm advocating not buying stocks that you know are worthless with the hope of unloading them on some other sucker.\""}
{"_id": "3628", "title": "", "text": "I can't believe anyone in their right mind would put US health care above most 3rd world healthcare.       The lowest quality care I ever receive is in the US.  It feels like hospitals are constantly trying to upsell me, and doctors are trying to squeeze treatment into my insurance coverage, instead of doing what is most medically appropriate.      In the developing world, I can go to the best private clinic, typically full of western educated doctors, and pay cash for first class medical treatment.  Then pay cash that is less than a deductible in the US."}
{"_id": "3644", "title": "", "text": "You have to remember that Costco only builds in richer areas too. I live near the Quad Cities (Davenport, Iowa is the biggest of those cities) and we are just getting our first Costco (not sure if they have even broken ground yet). And it is closest to Bettendorf, the richest city in the area. There are no Trader Joe's, Whole Foods, etc in the area. As of now, there is one Trader Joe's in Iowa, in Des Moines, with another going up in Iowa City.   Any chain that can be that selective about locating themselves in the richest neighborhoods will almost always be able to afford to pay more, unlike Walmart which is everywhere."}
{"_id": "3656", "title": "", "text": "Many companies actually just issue new shares for employee compensation instead of buying back existing ones. So actually, the share price should go down because the same value is now diluted over more shares. In addition, this would not necessarily affect companies with many employees than those with fewer employees because companies with more employees tend to be bigger and thus have more shares (among which the change in demand would be distributed). Also, I think many companies do not issue shares to employees every pay day, but just e.g. once every quarter."}
{"_id": "3669", "title": "", "text": "Google Finance gives you this information."}
{"_id": "3686", "title": "", "text": "\">Interest rate swaps are now over 80 percent of the massive derivatives market, and JPMorgan holds about $57.5 trillion of them.  Without the protective JPMorgan swaps, interest rates on U.S. debt could follow those of Greece and climb to 30%.  CEO Dimon could, then, indeed be \u201cthe guy in charge\u201d: he could be controlling the lever propping up the whole U.S. financial system.  This guy is a total idiot. To anyone wondering why, learn what is meant by \"\"notional value\"\" and you'll unedrstand why people that list numbers like this as if it has that much importance do not understand derivatives.  In short, 57 trillion in *notional value* means vastly less in actual play, far too little to backstop the US government, where a trillion is an actual trillion.\""}
{"_id": "3714", "title": "", "text": "The only way I can think of to do this would be to take a cash advance against the card, then buy the wire transfer with that cash. Of course cash advances typically start accumulating interest immediately, since the credit card company isn't capturing a fee from the vendor, and may be at a different interest rate than other charges... so given the choice, I'd suggest you write a check instead. As @KiethS points out, there have been a number of scams involving getting people to send (non-cancellable) wire transfers and then not delivering the goods/services paid for. A wire transfer is, essentially, cash. If you don't know exactly who you're dealing with, don't."}
{"_id": "3717", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.nber.org/papers/w23371) reduced by 72%. (I'm a bot) ***** > NBER Working Paper No. 23371Issued in April 2017NBER Program(s): AG DAE ED EFG HE LS PR. Using panel data on individual labor income histories from 1957 to 2013, we document two empirical facts about the distribution of lifetime income in the United States.  > For women, median lifetime income increased by 22%-33% from the 1957 to the 1983 cohort, but these gains were relative to very low lifetime income for the earliest cohort.  > Partial life-cycle profiles of income observed for cohorts that are currently in the labor market indicate that the stagnation of lifetime incomes is unlikely to reverse.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ltobr/lifetime_incomes_in_the_united_states_over_six/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~161478 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **income**^#1 **lifetime**^#2 **cohort**^#3 **inequality**^#4 **labor**^#5\""}
{"_id": "3737", "title": "", "text": "His parents did not hand the job to him at all. What is it with Reddit hating every person who lucked into being born with more money than they did? Does that mean he never earned anything? Is he not self made, no matter what he does, simply because he had some.advantages that you did not?"}
{"_id": "3746", "title": "", "text": "Why would the companies pay more to cover personal risks of the employee? The employees will just have to suck it up and live with more risks. Employees who cannot work anymore because of that are the problem of the state and society, not of the company.  There's a reason social safety nets were constructed in the first place."}
{"_id": "3750", "title": "", "text": "\"The implication is market irrationality is stronger than market rationality. Aka nothing makes sense when TSLA climbs to $400 or when CMG rises to $750.   I wouldn't say there is a systematic flaw in valuation. I think there is just a lot of ignorance. Markets are more open to household investors than ever before. You used to go to your broker and ask him what's up and he'd give you the inside scoop since you pay them money. Now you go onto marketwatch and get some random nobody's opinion on everything and make stock selections based on that.   But eventually the chickens come home to roost and things will correct itself. Big players will jump ship and cause signals to other traders to jump ship. The public can pump stocks up pretty high but it doesn't just go to infinity. Eventually someone will stop and say, \"\"wtf is going on\"\" and start selling. Stocks are sold on a basis of a limit order book so it's real prices that people are paying. People don't care about prices currently because most don't have any finance knowledge but want to invest their own money.  They just hear about Tesla doing something amazing (from some clickbait article or news outlet) and can't stop thinking about buying Tesla. They go to Chipotle and think \"\"wow this place is so good and hip, they must be a great investment\"\".   The markets have been filled with more subjective analysis than ever before especially with so much low quality information at your fingertips. Equally ignorant people startin blogs about investment and personal finance being shepherds for other ignorant people. In the end they all lose.  People who exclaim \"\"this stock is going up to $250 easily\"\" with literally zero quantitative analysis or even a baseline reference point to back it up are prime examples of this.   Ignorance of markets and cheap money almost always lead to market runs that end catastrophically. Dot com bubble, 1929 market crash, 2008, it's always the same. People who have no business taking loans out or buying on margin or leveraging positions with debt only to get fucked over once things are brought back down to Earth. After 2 runs of QE, we now have cheap money and with everyone being a crier for their personal investment strategy, we now also have rampant ignorance.   I don't expect things to last but no one can call the bottom or the top, or else you'd be very very rich. Have a safe portfolio, don't try to time the markets. Have a strategy that hedges against unexpected change, don't try to gamble on this change. Because it's ultimately impossible to predict the movement of every single person on this earth that invests their money into markets. So don't try. Just be prepared.   ----  To expand further into valuation theory:  at the end of the day, people invest their money to make more money.  It's as simple as that.  If your money doesn't grow in an investment vehicle, it's ultimately a shit investment.  But no one values intrinsic value of a company's equity before they decide whether or not $380 for TSLA is a good/bad deal.  As a result, stocks can be pumped up way higher and people still see the gains on their stocks through capital gains fueled by other optimistic investors.   Non-zero sum goes both ways.  People can make shitloads of money on stock without an equitable loser--people can also lose shitloads on stock without any real winner emerging from the rubble.  When this bubble bursts, lots and lots of people will lose money on TSLA when people's expectations become rational and they stop paying $300 a share for a negative or 70 PE ratio.  It's insane what multipliers people will pay for these companies without even realizing the implication--if you buy a share of a company with a PE ratio of 70, you just paid 70 times their earnings for a share.  In an ideal world where they released every single penny of earnings as dividends, it would take you 70 periods to reclaim your money on that share.  This obviously doesn't take into account capital gains, but capital gains aren't supposed to be this irrational to where a stock can be pumped up into 70x PE ratio in the first place.  It's a whole messed up web of confusion and irrationality and eventually something will catalyze a reaction.  Imagine a market where everyone just agreed to pump up a single stock to infinity and everyone just rakes in shitloads of money.  Would this work?  Of course not.  It's literally a pyramid scheme that relies on future generations to constantly inject capital--no real value is being created by this scheme.  It requires constantly more future generations to continue adding money into the scheme and will crash once people stop pumping money into it.  The same thing will happen here.  Everyone \"\"agreed\"\" to pump up TSLA (in a sense) but eventually people will realize this is stupid as shit and the pyramid will come tumbling down because there is nothing they receive from this scheme other than the money from other people.  It's essentially moving money around, making 0 use of it, until people stop pumping money into the system and everyone realizes that nothing of real value had been produced through the use of this money.  Ultimately the only thing that creates real value is the money that is returned to shareholders from an outside party--the company you're invested in.  Real value is not created when people exchange stock and money.  So why do these transactions create higher values in equity?  The basis of equity valuation states that dividends are the only way for companies to raise the price of their stock, going off the traditional Dividend Discount Model.  And theoretically, that's the only logical explanation.  Buying and trading stock does nothing for the company, minus T Stock they might own.  Ultimately the only party creating real value is the underlying company.  If they aren't creating real value, then their stock should not be increasing, period.  The way they create value is by efficiently utilizing assets to generate returns on investment which can be returned to investors through dividends.  Dividends can only be increased (while maintaining an equitable payout ratio) by generating more net income that can increase the actual pool of money that can be allocated back to investors.  TSLA does not do this.  TSLA regularly loses money and overpromises.  There is no logical explanation for any of this except that everyone is irrational.    Obviously theory is not the same as in practice but the theory is important here because it's really the basis for any investment at all.  At the end of the day, a share of stock is the right to a share of the company's equity.  People own equity in companies because companies generate money that it returns back to its owners.  That's what a company does.  That's what an owner does.  If you own shares of a company, you're an owner.  And if your company does not return more money back to you YoY, then why are you invested in them?    Ultimately, you're riding a capital gains wave that will eventually subside once market irrationality succumbs to rationality.  And it always does because the real value always catches up to the fake value that is caused by pumping and dumping stocks.\""}
{"_id": "3753", "title": "", "text": "You really need to back that up. If you are talking about graduate degrees it is a way different ballgame as math and science researchers generally pay similar tuition's after GA and TA stipends are given out.  This takes cost out of the equation and higher prestige generally means accepting better students.  Thus their success become difficult to separate between their ability and the education they got.  As for undergrad degrees, the prestige doesn't matter.  You'll actually find a lot of public universities on those lists right up next to their expensive cousins.  Then there's this http://online.wsj.com/article/SB10001424052748703597204575483730506372718.html."}
{"_id": "3761", "title": "", "text": "I wish that /r/economy had Submission Statement requirements like /r/TrueReddit so that when someone posts an antagonistic title like this would be forced to at least state their stance on the topic.  Of course he also posted this in /r/conspiracy so I'm not sure /u/klmd should be taken terribly seriously to begin with."}
{"_id": "3763", "title": "", "text": "Thanks to the online world, check ordering is much easier and less expensive.On our CheckOrdering.net website, we will show you the most effective way to check ordering.  You\u2019ll be able to order checks for personal or business use. you will not need to concern yourself with having someone else do this once arduous task."}
{"_id": "3764", "title": "", "text": "I think the only way to have an idea of whats going on is to take a sip of all the propaganda lies misinformation half-truths and of course the ever coveted granules of truth. Then sift through all the crap by overlaying all the stories on top of each other then fact checking what comes through as the actual story -the spin"}
{"_id": "3768", "title": "", "text": "[Chevy Bolt](http://www.chevrolet.com/bolt-ev-electric-vehicle) 238 miles range. You can buy it NOW, instead of waiting until next year. I would rather buy from GM than from Slick Muskie.  Parking problem is syndrome of dysfunctional management. I don't trust a place that can't even fix their parking problem could build a good car."}
{"_id": "3773", "title": "", "text": "I would classify Bitcoin as a hybrid.  Currency : It is accepted by e-businesses as a form of payment  Commodity : Chart illustrating the volatility and speculative nature of Bitcoin"}
{"_id": "3778", "title": "", "text": "Why is the US still working with paper checks when Europe went digital about a decade ago? Tax filing is just another area in which the US is lagging. Modernizing it costs money, and the US is quite close to bankruptcy (as seen by the repeated government shutdowns).  Also, the US tax code is quite complicated. For instance, I doubt there's anyone who has a full and complete list of all allowed deductions.  Some comments wonder about multiple incomes. This doesn't require tax filing either. My local tax authority just sends me a combined statement with data from 2 employers and 2 banks, and asks me to confirm the resulting payment. This is possible because tax number usage is strictly regulated. SSN abuse in the US presumably makes this problematic."}
{"_id": "3789", "title": "", "text": "Based on the definitions I found on Investopedia, it depends on whether or not it is going against an asset or a liability.  I am not sure what type of accounting you are performing, but I know in my personal day-to-day dealings credits are money coming into my account and debits are money going out of my account. Definition: Credit, Definition: Debit"}
{"_id": "3793", "title": "", "text": "\"> I have a bachelor's degree in management, but for the most part, we skimmed through several finance-related subjects like investments, project analysis.  I wish I could flag the question of \"\"why do they do this to you kids\"\" for future discussion with those more knowledgable, because surely there are incentives shaping these programs.  However, you asked for assistance, so I will share the limited knowledge that I have.  From the other advice, it seems clear that you should absolutely pursue a stronger background in accounting and finance in order to accomplish your long-term goals.  This work will need to extend past the point of this particular interview, whether you are hired by this company or not.  So you should probably approach that as a concurrent educational goal, rather than tying it to your preparations for this interview per se.  With regards to seeming smart, per se:  don't sweat it too much.  If you're qualified for the job without a certified educational background, then it's not a position where relative intelligence, short of frame-breaking brilliance, is going to be decisive.  Past the point where your prospective competence is established, other factors will quickly overshadow it.  Attempting to impress people with intelligence, rather than concrete achievements, should by rights serve as a red flag for prospective employers.  Intelligence cultivates its own set of liabilities and deficiencies.  The world is full of intelligent people who would rather be measured by what they *could* have achieved, rather than what they *did* achieve.  If attempting to be hired for this job involves a fully transparent approach --- that is, the company would be interested in knowingly hiring someone with an incomplete background   *in the work they will eventually be expected to perform* --- then your ability to prepare for the interview is a significant part of your resum\u00e9.  Low-hanging fruit, nonetheless easily missed, are histories of the industry, the technology, and the particular company.\""}
{"_id": "3796", "title": "", "text": "This is a common occurrence when somebody has multiple jobs in one year. The employer can't know if you have reached the annual limit. They know to stop when you have hit the maximum for their company, but don't have information on the other jobs. In fact the IRS doesn't let them factor in the other jobs. They have to keep making their payment until you hit the max for their company. When you fill out the 1040 there will be a line that checks that the total social security amount for each person was not over the annual limit. The extra will be refunded when you file your taxes. In the future if this happens again you can adjust your withholding to minimize the overage. For the example given in the question to get the 4K extra sooner, increase the number of allowances on the W-4.  You can under withhold federal income tax because you will over withhold social security tax."}
{"_id": "3805", "title": "", "text": "It's not clear exactly what you're after, but I'd echo /u/avarachen93 and say read the news. I'd focus on the WSJ, Financial Times, and Bloomberg. With the WSJ, read the business and finance section every day. Some articles will explain a topic quite well. Others will assume you already know the underpinnings. If you don't, go search for more on that until you do.  Also, for a more focused look at the financial news you can read some news summaries such as Matt Levine's Money Stuff or NY Time's DealBook."}
{"_id": "3817", "title": "", "text": "This is a good reminder for investors to be skeptical of M&A with respect to shareholder value creation.  > S&P Global Market Intelligence Quantamental Research, a research arm of the ratings agency, has updated a study on the impact of deals on the acquiring company\u2019s share price. The study looked at M&A deals done by listed companies in America\u2019s Russell 3000 index between January 2001 and August 2017; deals were only included if they cost more than 5% of the total enterprise value of the acquirer (5% of the equity value, for financial companies). The acquirers\u2019 shares underperformed the market ([see chart](https://cdn.static-economist.com/sites/default/files/imagecache/640-width/images/print-edition/20171007_FNC817_1.png)) and those of rival firms in the same industry."}
{"_id": "3855", "title": "", "text": "You could try looking for a UK implementation of http://www.yodlee.com/ : Google tells me that http://www.lovemoney.com/ ( http://www.yodlee.com/2010_1_20.html ) is one such service. I use ANZ money manager - an Australian implementation of Yodlee and find it very useful.  I wouldn't use Yodlee directly though (http://money-watch.co.uk/7197/uk-pfm-tool-review-yodlee-moneycenter) those T&Cs don't sound great."}
{"_id": "3893", "title": "", "text": "\"Welcome to Money.SE, and thank you for your service.  In general, buying a house is wise if (a) the overall cost of ownership is less than the ongoing cost to rent in the area, and (b) you plan to stay in that area for some time, usually 7+ years.  The VA loan is a unique opportunity and I'd recommend you make the most of it. In my area, I've seen bank owned properties that had an \"\"owner occupied\"\" restriction. 3 family homes that were beautiful, and when the numbers were scrubbed, the owner would see enough rent on two units to pay the mortgage, taxes, and still have money for maintenance. Each situation is unique, but some \"\"too good to be true\"\" deals are still out there.\""}
{"_id": "3925", "title": "", "text": "That's the tragedy. No one in industry checks what coursework you took they just assume that the BS is more quantitative and impressive. There is certainly enough variation amongst programs such that some BAs have quant heavy work and some BSs do stand for bull shit."}
{"_id": "3926", "title": "", "text": ">I appreciate the detailed responses, truthfully however I feel like at least half of your points are either just argumentative for its sake alone, display a deep lack of understanding of unions, collective bargaining, and the histories of both, or ignore pragmatism and cling to an uncompromising and ultimately self-defeating ideology.  I feel the same way about your arguments, but I still try to respond to the content of your arguments rather than my assumptions about them.  >The law forces the two parties to sit at a table. The law forces the two parties to discuss a few core things, like wages.   The law should not force any party to sit at any table. That violates a party's contract liberty.  >The idea is since these worker-employer disputes exist naturally, making them at least sit at a table together and talking is helpful in avoiding ego and testosterone fueled disruptions where no one benefits.  That's nice that you think you know what's better for other people than they do for themselves, but that doesn't give you a right to force them to any table. A right to contract freedom means the right to dismiss any offer or refuse to even negotiate with a party.  >If this you see this as a violation of one's liberty, I really don't know what to say to that.  Then I guess we have fundamentally different ideas about what is freedom and what is not. You seem to think that forcing someone to negotiate with a party, against their will, is not a violation of any of their rights.  >I'm not saying I don't believe you, but citation needed.  Sorry I don't have time to dig up citations now. If I have time later, I'd be happy to do so. All I could find now is an inverse correlation between the state of a country's credit market and the rate of child labor:  http://www.fordschool.umich.edu/rsie/workingpapers/Papers476-500/r486.pdf  >>There is an abundance of indirect empirical evidence, discussed below, concerning  the role of credit constraints and educational attainment.  However, Dehejia and Gatti  (2002) test the hypothesis directly.  They estimate a basic model of child labor determination for a panel of 172 countries for the years 1950-60, 1970, 1980, and 1995.    >>The credit-constraint variable is proxied by the share in GDP of private credit issued by 10 deposit-money banks.  They find that a one standard deviation increase in the share of credit in GDP is associated with a 10 percent standard deviation decrease in child labor. They conclude that families with access to credit are considerably less likely to put  children to work during a period of economic volatility than parents without access to credit.  >Wouldn't educating children first lead to an increase in productivity? Also, what if the owners of the means of production, only a few in an given area, have incomes 100x greater than the workers?   If there are efficient financial markets that allow parents to borrow money against the expected future increase in earnings from their children being educated, then yes.  In less developed economies, these markets have not developed, and the choice is often between death and child labor.   >They seem to be producing enough wealth to support themselves, only they're not the beneficiaries.   Studies have shown that by and large, parents act altruistically towards their children, and only put them to work if it is in the children's best interest. e.g. page 32:  http://www.econ.puc-rio.br/pdf/seminario/2003/manacorda.pdf  >>Taking together the evidence so far presented, it  appears that the data are consistent with a model where the returns from child  labor do not accrue to the parents. Parents redistribute entirely these returns to their children in the form of lower labor supply and higher schooling (plus possibly increased consumption). 47  Laws against child labor therefore will generally do more harm than good.  >What's the solution here?  The solution is to let the process of economic development run its course until child labor is not necessary.  >This is typical anti-union propaganda, and it's funny you pull it out since it ignores your own ideology. What interest would a union have in destroying the very industry it needs to exist? Answer: none.  A union is not a self-interested party. A union represents self-interested parties, who are not directly affected by the destruction of their industry 30 years into the future, since they would have retired by then.  Many of the laws and union-backed agreements that ended up destroying many of America's industries took decades to have their full effect. It wasn't a case of a law being passed, and the next year, the industry going bankrupt.  >I have no idea how one could come to this conclusion. I can only assume it stems from the same old idea that employers are always paying out the most that they can afford.  Why should employers pay out the most they can afford, and why should laws be passed to force employers to do so?  The only reason people invest is to profit. If all profits had to be paid to employees, there would be no incentive to invest, and therefore no increase in capital/productivity.  >I happen to have first-hand knowledge that it's false however - when my workplace unionized recently, one of around a dozen locations nationally and the only one to organize, the company responded by increasing wages and benefits to all locations. Have any locations closed? No. Has anyone been laid off? No. Is the company still mad profitable? Yes.  A general effect happens gradually over a course of decades, and happens in the aggregate, not in every case. It will not be apparent in the short-run, and will not be manifested in every case. In other words, that unionization did not result in immediate bankruptcy of your industry does not prove that unionization does not have a negative effect over the average long term performance of industries and average long term increase in wages."}
{"_id": "3929", "title": "", "text": ">But you go ahead and keep saying that bribery and dishonesty pay, and i'll just never do business with you.  Being morally righteous isn't going to take you far in life more so going to cripple you in terms of what you can buy.  You have a smartphone right?  Look up who made what in it and your bound to see Samsung's name there."}
{"_id": "3932", "title": "", "text": "First, you are reading that document correctly, but it's not 78% of original mortgage. It is actually 78% of original home value.  For example, if the home was valued at $100K when you bought it and you received a $90K loan, PMI must be removed when you owe $78K, not 78% of $90K. To make matters worse for the bank, they missed the required timing to drop PMI. I would print the document you referenced, cite the applicable portion, and tell them if they do not comply, you will report them for failure to comply. For example,  I'm sure I am not the only one in this situation, and the FDIC will be   eager to assess the huge fines they can collect from a bank that isn't   operating within the law. Something like that."}
{"_id": "3939", "title": "", "text": "Hold on a moment - you were getting 5-7.5% commission on a product that only had a 40% gross margin?  That's.... amazingly high.  Really.  Considering that you are saying that the cost of goods sold for a typical TV is 60% (which sounds close enough to be realistic - my business is typically about 56% COGS), and then add to that the overhead of base salary, utilities, leasehold and leasehold improvements, taxes, operating costs...  Sears was probably making a final total of about 2% net margin on that TV sale, which isn't particular great.    Getting paid a commission that high on commodity goods is really quite good."}
{"_id": "3940", "title": "", "text": "Nobody actually paid the ridiculous tax rates of the time.  People exploited loopholes like they do now.  Back then, there were more.  So the actual tax rate is irrelevant, and the actual tax rate paid is important.  I see this argument way too often."}
{"_id": "3957", "title": "", "text": "\"People should borrow and spend less, and save more.  Is this truly correct? Isn't the fundamental problem high supply and no demand?  Shouldn't it be \"\"borrow less but spend more\"\" - which of course would mean getting higher wages.  Am I wrong? Please to be educating.\""}
{"_id": "3971", "title": "", "text": "Yes but the trendy new term is plant-based diet, and I think the attraction for a vegan fast food would be to get a quick, healthy meal that is reminiscent of typical fast food.  The way meat protein is consumed in the US and elsewhere is typically in conjunction with other processed ingredients.  If someone figures out a good menu with relatively healthy vegan food, I definitely think they could be successful.    Something like Jamba Juice where they have many locations inside or next to gyms seems like it could work.  Smoothies don't always cut it and a quick, cheap, healthy snack would be fantastic after or before a work out.  Honestly I never go to restaurants that serve meats and order something that is strictly vegan/vegetarian.  If there was a place I could go to quickly that specializes in vegan food I would love to give it a try."}
{"_id": "3984", "title": "", "text": "Well, the problem with putting a group of people in charge of something so substantial is that man is corruptible.  The individuals in charge will change over time and eventually corrupt people will be in charge.  It's inevitable.  > If you were in charge, what action would you take?  If I were in charge of the Fed or if I were in charge of designing a brand new monetary system?  If I were in charge of the Fed, I would immediately stop the creation of this funny money, make all of the Fed's account books, publications, meeting minutes and all other info public information.  I would invite a full audit of the entire organization.  I would then hold the people accountable for any fraud that turns up.  Then I would simply abolish the organization.  I believe local banks can better set lending rates just as local store owners can set better prices than a single federal organization.  Interest rates would reflect actual demand for loans, not reflect the secret personal agenda of some arrogant, elitist bureaucrat.  If I were designing a new monetary system, I would combine the obvious benefits of a gold/silver standard with the openness and decentralized nature of a currency like bitcoin.  I would create a published and predictable increase to the money supply that could not be changed, and would grow just enough to avoid constant deflation as economies expanded.  Most importantly, I would advocate and encourage the creation of alternate currencies to allow honest competition."}
{"_id": "3998", "title": "", "text": "Being a lawyer in London comes with a higher level of prominence and responsibility, given the prominence of the place itself in various fields, including law and justice. This distinction has made the city a veritable battleground for counsels across several courts, with the Old Bailey as the most famous of all."}
{"_id": "4003", "title": "", "text": "\"Oh, so you are a HR \"\"professional\"\".  Everybody knows and its a source for a lot of jokes and essays that HR people are the enemy of employees, clueless about human relations and job requirements and the main cause of low moral in many companies.  And you, as an HR \"\"Professional\"\" going to give me lessons on how to evaluate candidates for IT jobs and how much they should get paid?  LOL!!!!!\""}
{"_id": "4006", "title": "", "text": "\"If you're ready to start a 529 account, it makes a big difference which state you choose (some states have excessive fees).  It doesn't have to be your own state, but some states give you tax incentives to stay in-state.  What you need to do is check out Clark Howard's 529 Guide and check to see if your state is in the \"\"good\"\" list.  If not, then pick out a good state.\""}
{"_id": "4028", "title": "", "text": "\"I always enjoy reading the comments on these articles talking about how great Europe is compared to US. And maybe for some portion of society it is better, but there has to be a reason why so many people immigrate here.   The US healthcare system is a toilet, but you get high quality care if you have good insurance or can afford it otherwise.  I think the \"\"positive\"\" of the US system is if you take advantage of all the opportunities it affords and you have a little luck you can be very successful. The sky is literally the limit.  I have very little frame of reference but it seems a large number of Europeans I have met are content to make an income that allows them to live a very basic lifestyle.\""}
{"_id": "4031", "title": "", "text": "\"Even if we accept these claims as being true, neither the fact that their clients are more confident, nor the fact that people who use an investment professional have a higher net worth tells you anything about the value of the service that such professionals provide.  Judging a service provider is a complex matter where you take into account multiple variables but the main ones are the cost and quality of the service, the cost and quality of doing it yourself and the value you assign to your time and effort. I think it's highly likely that professional gardeners will on average maintain larger gardens than those who do their own garden work. And any professional will have more experience at his profession than an average member of the public. But to determine if hiring a professional is objectively \"\"better\"\" requires defining what that word means. Finance is a bit weird in that respect since we actually do have objective ways of measuring results by looking at performance over time. But since the quotes you give here don't address that at all, we can simply conclude that they do not make the case for anything related to financial performance.\""}
{"_id": "4038", "title": "", "text": "\"Two reasons: Many people make lots of financial decisions (and other kinds of decisions) without actually running any numbers to see what is best (or even possible).  They just go with their gut and buy things they feel like buying, without making a thoroughgoing attempt to assess the impact on their finances.  I share your bafflement at this, but it is true. A sobering example that has stuck with me can be found in this Los Angeles Times story from a few years ago, which describes a family spending $1000 more than their income every month, while defaulting on their mortgage and dipping into their 7-year-old daughter's savings account to cover the bills --- but still spending $275 a month on \"\"beauty products and services\"\" and $200 a month on pet expenses. Even to the extent that people do take finances into account, finances are not the only thing they take into account.  For many people, driving a car that is new, looks nice and fresh, has the latest features, etc., is something they are willing to pay money for.  Your question \"\"why don't people view a car solely as a means of transportation\"\" is not a financial question but a psychological one.  The answer to \"\"why do people buy new cars\"\" is \"\"because people do not view cars solely as a means of transportation\"\". I recently bought a used car, and while looking around at different ones I visited a car lot.  When the dealer heard which car I was interested in, he said, \"\"So, I guess you're looking for a transportation car.\"\"  I thought to myself, \"\"Duh.  Is there any other kind?\"\"  But the fact that someone can say something like that indicates that there are many people who are looking for something other than a \"\"transportation car\"\".\""}
{"_id": "4044", "title": "", "text": "Just to offer another alternative, consider Certificates of Deposit (CDs) at an FDIC insured bank or credit union for small or short-term investments. If you don't need access to the money, as stated, and are not willing to take much risk, you could put money into a number of CDs instead of investing it in stocks, or just letting it sit in a regular savings/checking account. You are essentially lending money to the bank for a guaranteed length of time (anywhere from 3 to 60 months), and therefore they can give you a better rate of return than a savings account (which is basically lending it to them with the condition that you could ask for it all back at any time). Your rate of return in CDs is lower a typical stock investment, but carries no risk at all. CD rates typically increase with the length of the CD. For example, my credit union currently offers a 2.3% APY on a 5-year CD, but only 0.75% for 12 month CDs, and a mere 0.1% APY on regular savings/checking accounts. Putting your full $10K deposit into one or more CDs would yield $230 a year instead of a mere $10 in their savings account. If you go this route with some or all of your principal, note that withdrawing the money from a CD before the end of the deposit term will mean forfeiting the interest earned. Some banks may let you withdraw just a portion of a CD, but typically not. Work around this by splitting your funds into multiple CDs, and possibly different term lengths as well, to give you more flexibility in accessing the funds. Personally, I have a rolling emergency fund (~6 months living expenses, separate from all investments and day-to-day income/expenses) split evenly among 5 CDs, each with a 5-year deposit term (for the highest rate) with evenly staggered maturity dates. In any given year, I could close one of these CDs to cover an emergency and lose only a few months of interest on just 20% of my emergency fund, instead of several years interest on all of it. If I needed more funds, I could withdraw more of the CDs as needed, in order of youngest deposit age to minimize the interest loss - although that loss would probably be the least of my worries by then, if I'm dipping deeply into these funds I'll be needing them pretty badly.  Initially I created the CDs with a very small amount and differing term lengths (1 year increments from 1-5 years) and then as each matured, I rolled it back into a 5 year CD. Now every year when one matures, I add a little more principal (to account for increased living expenses), and roll everything back in for another 5 years. Minimal thought and effort, no risk, much higher return than savings, fairly liquid (accessible) in an emergency, and great peace of mind. Plus it ensures I don't blow the money on something else, and that I have something to fall back on if all my other investments completely tanked, or I had massive medical bills, or lost my job, etc."}
{"_id": "4063", "title": "", "text": "You only OWN a 217-foot yacht as an investment.  If you want to yacht, ~~lease~~ rent.  If you own one you're going to ~~lease~~ rent it out anyway unless you intend to use it as your home and I think you're likely to get tired of that pretty soon.  Otherwise you're just tying up capital stupidly."}
{"_id": "4066", "title": "", "text": "Why do people buy them when they would be cheap to make for themselves? Convenience. While you could easily find some pictures and lay them out with a sentiment, buy some card stock, print in colour, trim it, and perhaps glue on some glitter or whatnot, and then find an envelope that fits it, it's likely to take you an hour or more to do so. And you'll invest far more than $6 on your printer and various inventories. I made cards for my kids- we had construction paper, glitter, coloured markers etc and there was no need for an envelope. But most people will find it quicker and simpler to buy one fully assembled. The cost of the online ones is weird I agree. Perhaps people are also not confident they can compose a good greeting? Why do stores stock $6 cards that they buy for $3 (retail markup is 50-100% and I'm sure it's closer to 100% for cards) when a different supplier might provide them for $2? Well, even if such a supplier existed, I'm sure the store would be happy to sell for $6 still (see: people buy them) so there would be no consumer impact. A store that sells cards for $5 isn't going to siphon customers from elsewhere because most of us just don't buy cards often enough for it to matter.  Why does nobody become that supplier who will sell them cheaper? Selling stuff is more expensive than making stuff, and getting your product into retail stores is hard. Hard means time and time means money and all of that contributes more to the card price than the ink and paper do. That said, dollar stores sell cards, for a dollar typically, and people do buy them. I find they have less colours and the artwork is cruder. Perhaps you even get what you pay for when it comes to design, layout, printing etc."}
{"_id": "4091", "title": "", "text": "Okay bad decisions, time to move on: Then move on with your life and don't fall for this kind of thing again. In the end you can probably end this with a net profit, or at worst, a small loss.  You are welcome to breathe a sigh of relief."}
{"_id": "4118", "title": "", "text": "I didn't say they didn't do anything wrong. I said that criminal fraud is both difficult to prove and expensive to prosecute and therefore jail time was never a real possibility. They could have other regulatory transgressions that the government his hitting them for. Or more likely, it is just a shake down where the regulators promise more harsh sanctions or bad publicity that would actually cost BoA more than $16 billion in the future. The fine is a way for both parties to save face."}
{"_id": "4127", "title": "", "text": "Such inequalities only exist for very short periods of time, precisely because people make money exploiting them. Read up on arbitrage."}
{"_id": "4149", "title": "", "text": "Android is kinda behind as well honestly. If you really want to be up-to-date with your phone, rooting and installing third-party utility and apps is the way to do it. But yeah, it's pretty funny to have a standard android phone that makes the current flagship iPhone look outdated."}
{"_id": "4153", "title": "", "text": "Congratulations on being in such good financial state.  You have a few investment choices. If you want very low risk, you are talking bonds or CDs. With the prime rate so low, nobody is paying anything useful for very low risk investments.  However, my opinion is that given your finances, you should consider taking on a little more risk. A good step is a index fund, which is designed to mirror the performance of a stock index such as the S&P 500. That may be volatile in the short-term, but is likely to be a good investment in the longer term. I am not a fan of non-index mutual funds; in general the management charge makes them a less attractive investment.  The next step up is investing in individual stocks, which can provide very big gains or very big losses.  The Motley fool site (www.fool.com) has a lot of information about investing overall."}
{"_id": "4162", "title": "", "text": "Put bluntly, if you do a couple extra lines of code, the company isn't going to notice a difference in revenue. If a salesman sells a few more RGU's, the company makes a bit more money.  They are more valuable than you are. It's just that simple."}
{"_id": "4163", "title": "", "text": "\"As long as it's optional and the drivers are paid as part of the fair I don't think a tip option is a big deal. Again, it has to be optional as a reward for extraordinary service not the \"\"tip\"\" in a  restaurant which is actually payment for services rendered because the cost of food doesn't cover labor for waitstaff. Any service oriented job should have the ability to accept a tip for exceptional service in the same form of currency as the primary form of payment. Ideally, no one would need to live off of tips.\""}
{"_id": "4167", "title": "", "text": "\"I am not aware of any place that the tax forms ask, \"\"How many people live in your house?\"\" They ask how many dependants you have, and not everyone who lives in your house is your dependant. There are very specific rules about that. If your girlfriend is being claimed as a dependent on her parents' tax return, then she cannot also be claimed on anyone else's return, and there's no need to investigate further. To claim someone as a dependent, they have to meet a number of conditions. I am not a lawyer. See IRS Publication 17. But the gist of it is that they must, (a) either be a relative (there's a list of what sorts of relatives qualify) or live with you all year; (b) Living with you must not violate local law; (c) Must make less than $4000 per year; and (d) You must provide over half of their support. Your girlfriend may meet the \"\"live with you all year\"\" or maybe not. But the real stumper is likely to be (d). Unless your parents are paying her tuition, they almost certainly don't meet this test.\""}
{"_id": "4168", "title": "", "text": "\"For \"\"smaller trades\"\", I'm not sure you can beat FXCM.com, a large, dedicated FX trading shop with extremely tight spreads, and a \"\"Micro\"\" account that you can open for as little as $25(US). Their \"\"main\"\" offering has a minimum account size of $2k (US), but recommends an account  size of $10k or more. But they also have a \"\"micro\"\" account, which can be opened for as little as $25, with a $500 or higher recommended size. I haven't used them personally, but they're well known in the discount FX space.   One strong positive indicator, in my opinion, is that they sell an online FX training course for $19.99.  Why is that positive?  It means that their margins on your activity are small, and they're not trying to get you \"\"hooked\"\".  If that were not the case, they'd give the course away, since they'd be able to afford to, and they would expect to make so much of your subsequent activity.   They do have some free online materials, too, but not the video stuff. Another plus is that they encourage you to use less leverage than they allow.  This does potentially serve their interests, by getting more of your deposits with them, but a lot of FX shops advertise the leverage to appeal to users' hope to make more faster, which isn't a great sign, in my opinion. Note that the micro account has no human support; you can only get support via email. On the other hand, the cost to test them out is close to nil; you can literally open an account for $25.\""}
{"_id": "4171", "title": "", "text": "\"It has semantic value (because we culturally believe gold is valuable).  There is a very important point here.  Gold and many other coin metals. This \"\"semantic value\"\" is enshrined in law through the special tax status of coin metals.  You can buy a kilo of gold and not pay sales tax.  You can't buy a kilo of iron or tin and do the same.  This is the important part because investors shouldn't care about semantics. I read that the taxable status varies by state or nation, so you need to be very careful.  It's possible to evade taxes without realizing it.  It also doesn't necessarily exempt you from the form of gold.  An ingot should be tax exempt.  A collector's coin may or may not be, depending on your local laws and the difference between the value of the weight of the gold, and the value of the form of the coin.\""}
{"_id": "4180", "title": "", "text": "\"I don't understand the worker mentality of accepting to be part of pension plans. The downside risk to you is ridiculously high -- you're basically making an investment that the next 30 years of corporate management and the company as a whole are going to be good. Pension plans are among the first to go.. employees that retired 20-30 years ago add no current value to the company, unless you consider that current employees are motivated by the idea of a pension or working for a company that \"\"takes care\"\" of its employees.  Also, part of the reason pension funds are blowing up is that the risk-free return rate is less than 1%. I don't know who to blame or thank for that, but with government bonds now trading at negative yields in real and sometimes even absolute terms (see: Swiss yields), what else are you supposed to do?\""}
{"_id": "4181", "title": "", "text": "\"As other responders said, you can certainly roll over multiple 401(k) into a single account. An added benefit of such rollover (besides the ease of tracking) is that you can shop around for your Rollover IRA provider and find the one that gives you the specific mutual funds that you want to invest in, the lowest expenses, etc. - in short, find the best fit to your priorities.  There are also \"\"lemon\"\" 401(k) plans and if you are in one of them, get out!  And rollover is the way out. There is also one possibility to keep an eye on as it happens rarely, but it does happen - rolling a 401(k) over into another 401(k).  I've done it once when I started a job at a company that had a great 401(k) with a good selection of low-cost mutual funds.  I rolled the 401(k) from one previous job in to this 401(k) to take advantage of it.  At the same time I kept a Rollover IRA, combining the 401(k) from all other jobs; it had more investment options and provided some flexibility.\""}
{"_id": "4188", "title": "", "text": "\"You will make a profit in nominal dollars (or nominal units of whatever currency you used to buy the token).  Whether you'll make a profit in real dollars depends on inflation, and in practice whether it would be possible to sell your existing tokens to someone else for the new price. Suppose when the price was 50 U (50 \"\"units\"\", since you didn't specify a currency), you bought one token.  Today you can either spend 52 U for a token, and get a liter of milk, or you can spend your existing token (for which you paid 50 U) and get a liter of milk.  It looks like you are making a profit of 2 U by spending your token. However, whether that profit is real or illusory depends on what else you could do with the token.  For instance, suppose that, since the price of a token is now 52 U, you will have no trouble finding someone who wants to buy your token from you for 52 U.  If you sell your token for 52 U, you'll still only be able to buy 1 L of milk.  So if you measure your wealth in milk, you have made no profit: in the past you had a token representing 1 L of milk, and today you still have a token representing 1 L of milk. Suppose now that in the past, when a token cost 50 U, a hamburger also cost 50 U.  Suppose further that a hamburger now costs 52 U.  So you can sell your token for 52 U, but that 52 U will still only buy you one hamburger.  So, again, if you measure your wealth in hamburgers, your have made no profit.  In the past, you could have sold your token and bought a hamburger; today, you can still sell your token and buy a hamburger, and you'll have nothing left over, so you have gained nothing. If, on the other hand, the price of a hamburger today is still 50 U, then you call sell your token for 52 U, buy a hamburger for 50 U, and still have 2 U left over.  You have made a profit. What this all goes to show is that, in practice, the idea of \"\"profit\"\" depends on the overall economy, and whether you could exchange the currency units you have in your possession for a greater quantity of goods than you could in the past.  Whether this is possible depends on the relative changes in price of various goods.  In other words, if you get your money by selling Product A, and later you buy Product B, you may or may not make a profit depending on how the prices of the two products moved relative to one another. Also, in your hypothetical setup, the \"\"currency\"\" (the token) is directly linked to the value of a single good, so you can always at least get 1 L of milk for your token.  Most real currency is not bound to specific goods like your milk token, so it is possible for your currency to lose value in an absolute sense.  For instance, suppose you sell a book for $5.  The $5 is not a \"\"book token\"\" and you cannot rely on being able to exchange it for a book in the future; in the future, all books may cost $10, and the prices of all goods may rise similarly, so your currency will actually be worth less no matter how you try to use it.  This could happen with the milk token if the milkman announces that henceforth 1 L of milk will cost 2 tokens; your existing token suddenly loses half its value. In sum, it is easy to calculate whether you made a profit in currency units.  What is harder is to calculate whether you made a profit in \"\"real terms\"\" (often referred to as \"\"real dollars\"\" or \"\"inflation-adjusted dollars\"\", or the equivalent in your favorite currency).  The reason this is hard is because the idea of \"\"real dollars\"\" is fundamentally linked to the possibility of exchanging currency for goods (and services), and so it depends what goods you're buying.  Inflation statistics published by governments and the like use a \"\"basket\"\" of goods to approximate the overall price movements in the economy as a whole.\""}
{"_id": "4208", "title": "", "text": "Raising money from real property is an ancient tradition which is prevalent throughout the world even today. Delaware, situated in the north- eastern region of USA is no exception to this. Delaware has a lot of good mortgage lenders and the one firm that tops the list is definitely highlands mortgage. They not only tell you what the best mortgage rates are today but also carry out a number of functions."}
{"_id": "4223", "title": "", "text": "If the biggest flaw in the review is that one of the characters is probably made up and the book should therefore be considered fiction instead of nonfiction, then this is an incomplete review. The author points out many good items about the book and the only negative he states is the nonexistence of a character, and then he states that the book has flaws (implying multiple, not single)."}
{"_id": "4239", "title": "", "text": "They did.  This was a tech company.  Turnover's high especially for strong employees.  Management expects this so that doesn't really change their approach.  One of the layoffs was open ended.  They just announced there would be layoffs throughout the company.  Usually there was a single day when everyone was cut.  This one dragged on and on.  If your group wasn't hit yet, everyone was stressed wondering when it was coming.  If your group was already hit, the manager would say you still weren't safe cuz it could come around again (which did happen to some groups).  Managers either didn't know when the layoff was over or weren't allowed to tell.  After a few months we were sure it was over but then another nearby group would get hit.  It was horrible.  Productivity was way down.  Finally after about 3 months, they announced the layoffs were over.  (And then had another layoff later that year).  So, yeah, it sucked."}
{"_id": "4241", "title": "", "text": "Inspectors, permits, poor planning, and a lack of incentives/consequences.   If inspectors are needed for so much bs, local government needs to hire more of them.   Permits need to be processed in a timely manner.   Engineers and committees need to make decisions quicker.   Liquidated damages for missing completion dates and early completion bonuses work!"}
{"_id": "4247", "title": "", "text": "This is the exact reason why I think we will have self driving cars really soon. I would love to just surf the internet on my way to work and not have to drive. Of course I only work 6 blocks away, but I know many people have a 30+ minute commute."}
{"_id": "4269", "title": "", "text": "It's safe to say that for mature companies, with profits that have been steady, and steadily growing, that a multiple of earnings can come into play. It's not identical between companies or even industries, but for consumer staples, for instance, you'll see a clustering around a certain P/E.  On the other hand, there are companies like FaceBook, 18 months ago, trading at 20, now at 70 with a 110 P/E. Did the guys valuing the stock simply get it wrong then or is it wrong now?  Contrast this with KO (Coca-cola) a 20 P/E and 3.2% dividend, PG (Proctor and Gamble) 21 P/E, 3% dividend.  Funny though, a $1M valuation for $50K in profit may be Shark ridiculous, but a $1B valuation on a $50M company with great prospects, i.e. a pipeline of new products in growing markets, is a steal.  Disclosure I have no positions in the mentioned stocks."}
{"_id": "4290", "title": "", "text": "P/E is the number of years it would take for the company to earn its share price.  You take share price divided by annual earnings per share.  You can take the current reported quarterly earnings per share times 4, you can take the sum of the past four actual quarters earnings per share or you can take some projected earnings per share. It has little to do with a company's actual finances apart from the earnings per share.  It doesn't say much about the health of a company's balance sheet, and is definitely not an indicator for bankruptcy.  It's mostly a measure of the market's assumptions of the company's ability to grow earnings or maintain it's current earnings growth.   A share price of $40 trading for a P/E ratio of 10 means it will take the company 10 years to earn $40 per share, it means there's current annual earnings per share of $4.  A different company may also be earning $4 per share but trade at 100 times earnings for a share price of $400.  By this measure alone neither company is more or less healthy than the other.  One just commands more faith in the future growth from the market. To circle back to your question regarding a negative P/E, a negative P/E ratio means the company is reporting negative earnings (running at a loss).  Again, this may or may not indicate an imminent bankruptcy.  Increasing balance sheet debt with decreasing revenue and or earnings and or balance sheet assets will be a better way to assess bankruptcy risk."}
{"_id": "4296", "title": "", "text": "I tried Aldi the other day...hated it.  Very little brand selection (everything is Aldi-owned brands) and meat prices were about the same as Kroger's.  I bought the Aldi-owned brands of foods I normally get at Walmart/Kroger and was not happy with the tastes of many of them.  I much prefer the branded options at Walmart and Kroger for my grocery shopping."}
{"_id": "4312", "title": "", "text": "Your point is that 20k is very common as bonus *at what level*? With ~6 or more years experience at Accenture it's also a common bonus, just not at entry-level.   The data on glassdoor.com for Accenture partners is all over the place, see: http://www.glassdoor.com/Salary/Accenture-Salaries-E4138.htm?sort.sortType=BP&sort.ascending=false  No way in hell any partner is getting paid 60k or even 160k, for example. The top figure looks sort of accurate but there are so few data points, collected in no verifiable way, with such huge variance, that I can't consider it reliable."}
{"_id": "4331", "title": "", "text": "Typically tax treaties will cover double taxation (taxes paid in one jurisdiction are deducted in the other jurisdiction so there is no double tax). You'll need an accountant and attorney with experience in international business setups to confirm and determine which jurisdiction gets first priority of tax payment.  In short, this is the wrong place to get a good answer. Talk to (and pay for) professionals to get you properly set up."}
{"_id": "4340", "title": "", "text": "Contact AmEx. They are the only ones who might have a current list."}
{"_id": "4375", "title": "", "text": "\"From the Cato Institute:  > Article 1, Section 8 of the Constitution says that Congress shall have the power \"\"to establish Post Offices and post Roads.\"\" Thus, the Constitution allows the government to get involved in postal services, but that doesn\u2019t mean that the government has to be involved, let alone be granted a monopoly over mail.\u00a0  Doesn't say they can't privatize it here, but that's the only thing I've found so far.  [This also says it CAN be done]( http://finance.yahoo.com/blogs/the-exchange/why-u-k-privatize-postal-u-t-195031232.html).\""}
{"_id": "4379", "title": "", "text": "Yeah, the Ford F-150 has been the top selling vehicle for over 30 years.   Fun fact, farmers who receive money from the government usually burn excess cash in December. A lot of them just replace their fleets each year."}
{"_id": "4392", "title": "", "text": "Italy on its own cannot decide to turn to money printing, only the European Central Bank (ECB) can make this decision. I'm assuming that the ECB will not turn to printing money for this. Italy will have to get the 5 Billion euros from its own budget somewhere, but the amount is low enough that they should be able to do that without much problems."}
{"_id": "4397", "title": "", "text": "\"For a lot of small beef farmers (\"\"hobby\"\" farms like ours) the price of fertilizer is already high enough that it's proving effective in maintaining or possibly reducing costs.  The most successful examples I've seen have equal or higher carrying capacity (cattle per acre) for less monetary cost by moving to \"\"older\"\" methods of grazing.  The tradeoff is that rotation takes more time to do than open field & hay grazing.  There's also lower capital equipment costs; tractor, mower, and bailer are the major equipment for a small producer so being able to do without or use smaller ones is good.  And less maintenance on that equipment.  We're not experts by any means, and our farm isn't anywhere near its maximum carry capacity, but every large/full-time farmer I know that has done it has had good results.\""}
{"_id": "4404", "title": "", "text": "I love when my professors would shit on greedy bankers during the housing market crash. One time, I made analogy of greedy banks to greedy education and the next bubble to pop which will crash the economy will be because of education costs and my professor flipped out! He told me college was a great investment and when I told him people said the same about homes he threw me out of class...never did get a refund either!"}
{"_id": "4412", "title": "", "text": "If you can pay it then there's no need to involve a credit counselor.  After all, their main role when you use them is to negotiate payments with creditors so you can pay off your debts.  In this case you have the funds to pay, so why make it any more complicated than it needs to be? To be honest, a 597 score is going to make it tough for you to find auto financing.  Whatever options you find, they'll charge pretty steep interest rates and have high payments because they'll keep you on as short a payment term as your finances will allow.  I would strongly suggest that you work on improving your score for awhile before trying to buy a car.  If you can, buy a car for cash.  You might not get much, but it will solve your transportation problem while you work on resolving your credit issues. Using a credit counselor won't have any impact on your credit score as far as the debts are concerned.  What will make a difference is not having them show as open collections, which is pretty bad.  You'll still take a hit for having gone to collections in the first place, but paying them off will mitigate at least some of the effect. I hope this helps. Good luck!"}
{"_id": "4414", "title": "", "text": "For example, the apartment complex could\u2019ve relied on a water source heat pump system which can provide both warm and cool air at the same time. As the name implies, this system relies on water held between 60 to 90\u00b0F, which is then pumped throughout the complex and into individual compressor units in each room."}
{"_id": "4416", "title": "", "text": "There is no answer to Global warming, unless you would like to quadruple energy prices, abolish air travel and international shipping. Obama's EPA estimates 700 trillion dollars to lower earth's temp one degree. Good thing global warming is a tax hoax. The only thing to fear about global warming is it's remedies, which will do nothing but increase energy prices, demolish economies and jobs and kill third world poor by restricting access to food and medicine."}
{"_id": "4429", "title": "", "text": "This is a purely numerical statement that you should be able to check (and you CPA friend should be able to prove, if true).  The general advice, I think, is that you should not use your retirement funds this way, but general advice does not apply equally well to everyone.   You didn't give enough information for us to compute the answer, so you're on your own there.  If you do this (or have the CPA do it), make sure that it accounts for all pluses and minuses that you'll have.  On the minus side, you get any direct penalties in addition to potential loss of right to contribute for a period of time, so make sure you consider both aspects, especially to any degree that you would lose an employer contribution or match.  Also consider the fact that the money already in is tax advantaged, and you won't be able to replace that amount later.  So there will be a compounding effect to what was lost. (This may or may not be balanced by a mortgage interest deduction down the road - My guess is that it will not, but, again, the details of your situation may dictate a different path.  The mortgage interest deduction decreases each year as you pay more principal whereas the compounding from being tax deferred tends to increase each year.)"}
{"_id": "4444", "title": "", "text": "\"I'd answer it this way:  What do you want to do? I'd say any amount is acceptable from as low as $100.  When you look at the specific \"\"tree\"\" of investing paying $5 for a $100 seems unacceptable.  However when observing the \"\"forest\"\" what does it matter if you \"\"waste\"\" $5 on a commission?  Your friends (and maybe you) probably waste more than $5 multiple times per day.  For them buying a latte might empower them, if buying another share of HD, for a similar cost, empowers you than do it.  In the end who will be better off? Studies show that the more important part of building a significant investment portfolio is actually doing it.  Rate of return and the cost of investing pales in comparison to actually doing it.  How many of your peers are doing similar things?  You are probably in very rare company. If it makes you happy, it is a wonderful way to spend your money.\""}
{"_id": "4451", "title": "", "text": "\"> If an individual wants insurance  My argument is that this is the wrong way of looking at the issue.  It isn't a question of wanting insurance.  Instead, the question should be *\"\"if an individual wishes to remain healthy...\"\"* or \"\"*if an individual wants access to healthcare...\"\"*  Who doesn't?    Ensuring good health is a national good, just as providing an education, police and fire services, and national defense are.  Full stop.\""}
{"_id": "4457", "title": "", "text": "From WePay (GoFundMe's payment processor) support. I received only gifts and donations.  Will I receive a Form 1099-K?   As of 2015, the IRS has clarified that WePay is not required to send    a Form 1099-K with respect to payments that are made solely as gifts   or donations.  The purpose of Form 1099-K is to report payments for   the provision of goods or services, which may be subject to tax.   Gifts and donations typically are not reported as income by recipients,   so it is not necessary to send them a Form 1099-K.   https://support.wepay.com/hc/en-us/articles/203609483-Tax-Reporting"}
{"_id": "4462", "title": "", "text": "Yeah, but he got a lot of karma as well. If a lot of people go read an article and like it some will give an upvote. Someone told me that only about one out of ten page views give a vote, ie, if you got 5 upvotes and 5 downvotes then probably 100 people clicked on your link. So if he had a karma of 150k, he'd produced a million and half page views.   But I'm sorry The Atlantic got involved in this because I always liked them and used to subscribe. I'm disappointed they would get involved in cheating. If they did they need to be banned."}
{"_id": "4495", "title": "", "text": "Up to RS50,000 is exempt from gift taxes.  In the US, if one provides more than half the expenses for a relative, they may be a dependent. I don't know the India rules."}
{"_id": "4539", "title": "", "text": "Minor blip for Snap but their investors should take note that SNS services different than devices. Snap might find a niche device to supplement their media model but careful before betting to much on it. Snap probably lose a few million $ but will hopefully prevent a larger debacle later."}
{"_id": "4541", "title": "", "text": "That's what I have been trying to do.  I do every practice test after each chapter and if I do great then on tot he next.  If not, back to reading it again. What I have been seeing a lot on the new CSC test's is less math and more memorization.  So IIROC mandate questions, derivatives, define a foreign bond etc."}
{"_id": "4602", "title": "", "text": "This is why I have gone back to broadcast TV,  because cable TV costs a lot of money for something that is no better. It doesn't seem that long ago that there were no commercials on cable channels. Now there are MORE commercials on cable channels than on broadcast TV. Remember when the scifi channel was full of science fiction instead of...wrestling?  Remember when MTV was about music?  When Discovery was full of science programming, when A&E was about arts and education and the History channel was about more than Nazis, UFOs and imaginary animals? Now it's all just crap and why pay for that?"}
{"_id": "4604", "title": "", "text": "This person could buy another car at any moment without any money problems, so I don't really see any point in insuring, especially with such a ridiculously high price compared to the extremely low risk. Convenience.  If you self-insure, then an accident means that you have to make arrangements to get the car towed, fixed, evaluated, etc.  If you buy insurance, your insurer would prefer to do all that.  They argue with the mechanic over prices, the lawyer over liability, etc.   And of course, rich people need more liability insurance than other people, not less.  So part of that $1400 is probably money that your friend would have to pay regardless."}
{"_id": "4611", "title": "", "text": "I know exactly what you are talking about. You may like"}
{"_id": "4612", "title": "", "text": "A few thoughts off the top of my head: Advantages of more than 20% down:  Disadvantages of more than 20% down:"}
{"_id": "4645", "title": "", "text": "If glass steagall had minimal impact on bank behaviour, that means the great recession was unavoidable. What sort of legislation would it take to ensure shitfests like this *will* be avoidable in the future?  Outlaw predatory loans? Lynch all bankers and start over from scratch?"}
{"_id": "4666", "title": "", "text": "@sharam - big question.  I am going to answer part of it, but not as directly as you might like. You mention 4-6 cents per unit per month, but fail to give a unit price, so it is hard to tell how much return you are really looking for. Given the amount you have to invest, depending on your time horizon, you will do much better outside of mutual funds.  Many funds in this category have fees in the 2% range.  You actually have enough money to have a diversified portfolio on your own, without recourse to funds. If you want to use a fund-like product, I encourage you to look at well established ETFs (Exchange Traded Funds).  They are basically like mutual funds that trade on the open stock market.  One good example in this category is iShares XDV Good Luck"}
{"_id": "4673", "title": "", "text": "I would consider it a personal decision based on your individual situation. When I was younger and short on cash tipping sucked. On a 6 figure income with no kids, I can leave 25% regularly without an issue. But everyone's got a different situation.   I think 15% should be minimum but life isn't that black and white. Do what you think is fair and good."}
{"_id": "4687", "title": "", "text": "Yes, he has done a few companies over the course of his career and done fairly well, at the time of his teaching the course he had two companies operating under him and would also consult (for free) for another few that started up as a result of the course.   He was pretty wealthy but he did say that he really wanted to some day buy himself a brand new aston martin so not wealthy enough to do that yet hahah. The other profs in the entrepreneurship stream of commerce at my school were all quite successful in their ventures. The program expects students to have launched a company by the time they graduate with ~1 million in revenue (not profit). But that's a soft target. I only took a couple of the courses as electives out of personal interest. It was pretty interesting and the main value i got from the courses was that it really shows you how to think about new ideas and how viable they may be. They really get your mind working a bit differently in those classes.   But yeah I totally agree with you, when there's profs teaching something they have zero practical experience in, especially a subject that really demands it like entrepreneurship, it's wack. My program overall was quite good for that though. I was in the accounting stream and I think almost all of my accounting profs didnt even have masters, but they did have accounting designations and a lot of experience in private firms and public administration a lot of the time so they knew their shit really well."}
{"_id": "4697", "title": "", "text": "I mentioned in other posts that it's not unreasonable that prices might rise slightly. Demand would go up and some labor costs would as well. To your point, I can say that prices would not go up 1:1, that's an absurd hypothesis that doesn't stand up to even a sniff test."}
{"_id": "4734", "title": "", "text": "First let's define some terms. Your accrued benefit is a monthly benefit payable at your normal retirement age (usually 65). It is usually a life-only benefit but may have a number of years guaranteed or may have a survivor piece. It is defined by a plan formula (ie, it is a defined benefit). A lump sum is how much that accrued benefit is worth right now. Lump sums are based on applicable interest rates and mortality tables specified by the IRS (interest rates are released monthly, mortality annually). Your plan can either use the same interest rates for a whole year, or they can use new ones each month. Affecting your lump sum is whether your accrued benefit is payable now (immediately, you are age 65), or later (deferred, you are now age 30). For example, instead of being paid an annuity assume you are paid just one payment of $1,000 on your 65th birthday. The lump sum of that for a 65 year old would be $1,000 since there would be no interest discount, and no chance of dying before payment. For a 30 year old, at 4% interest the lump sum would be about $237 (including mortality discount). At age 36 the lump sum is $246. So the lump sum will get bigger just because you get older. Very important is the interest discount. At age 30 in the example, 2% interest would produce a $467 lump sum. And at 6% $122. The bigger the rate, the smaller the lump sum because interest helps an amount now grow bigger in the future. To complicate things, since 2008 the IRS bases lump sums on 3 different interest rates. The monthy annuity payments made within 5 years of the lump sum date use the 1st rate, past 5 and within 20 years use the 2nd rate, and past that use the 3rd rate. Since you are age 30, all of your monthly annuity payments would be made after 20 years, so that makes it simple since we'll only have to look at the 3rd rate. When you reach age 45 the 2nd rate will kick in. Here is the table of interest rates published by the IRS: http://www.irs.gov/Retirement-Plans/Minimum-Present-Value-Segment-Rates You'll find your rates above on the 2013 line for Aug-12. That means your lump sum is being made in 2013 and it is being based on the month August 2012. Most likely your plan will use the same rates for its entire plan year. But what is your plan year? If it is the calendar year, then you would have a 5 month lookback for the rates. But if is a September to August plan year with a 1 month lookback, the rates would have changed between August and September. Your August lump sum would be based on 4.52%, your September on would be based on 5.58% (see the All line for Aug-13). For comparison, a 30 year old with a $100 annuity payable at age 65 would have a lump sum value of $3,011 at 4.52%, but a lump sum value of $1,931 at 5.58%. The change in your accrued benefit by month will obviously have some impact on the lump sum value, but not as much as the change in interest rates if there is one. The amount they actually contribute to the plan has nothing to do with the value of the lump sum though."}
{"_id": "4735", "title": "", "text": "\"I keep spreadsheets that verify each $ distribution versus the rate times number of shares owned. For mutual funds, I would use Yahoo's historical data, but sometimes shows up late (a few days, a week?) and it isn't always quite accurate enough. A while back I discovered that MSN had excellent data when using their market price chart with dividends \"\"turned on,\"\" HOWEVER very recently they have revamped their site and the trusty URLs I have previously used no longer work AND after considerable browsing, I can no longer find this level of detail anywhere on their site !=( Happily, the note above led me to the Google business site, and it looks like I am \"\"back in business\"\"... THANKS!\""}
{"_id": "4737", "title": "", "text": "Well, I'm sorry that you're so thin-skinned. Here's a simple logical relation that I think absolutely holds true: hard work is neither necessary nor sufficient for success. It's certainly to be valued, but not as a form of cult worship.  There are so many people who are smarter, more tenacious and work harder than anyone you've ever known -- and they were cut down by malaria, murder, or a god damned piano falling on their heads. Them are the breaks. For every billionaire/famous person out there, there're at least 100 also-rans with analogous talent and prospects (at one point).  Chance rules us all, and it takes NOTHING away from the hard-working to admit that."}
{"_id": "4739", "title": "", "text": "\"Some pros and cons to renting vs buying: Some advantages of buying: When you rent, the money you pay is gone. When you buy, assuming you don't have the cash to buy outright but get a mortgage, some of the payment goes to interest, but you are building equity. Ultimately you pay off the mortgage and you can then live rent-free. When you buy, you can alter your home to your liking. You can paint in the colors you like, put in the carpet or flooring you like, heck, tear down walls and alter the floor plan (subject to building codes and safety consideration, of course). If you rent, you are usually sharply limited in what alterations you can make. In the U.S., mortgage interest is tax deductible. Rent is not. Property taxes are deductible from your federal income tax. So if you have, say, $1000 mortgage vs $1000 rent, the mortgage is actually cheaper. Advantages of renting: There are a lot of transaction costs involved in buying a house. You have to pay a realtor's commission, various legal fees, usually \"\"loan origination fees\"\" to the bank, etc. Plus the way mortgages are designed, your total payment is the same throughout the life of the loan. But for the first payment you owe interest on the total balance of the loan, while the last payment you only owe interest on a small amount. So early payments are mostly interest. This leads to the conventional advice that you should not buy unless you plan to live in the house for some reasonably long period of time, exact amount varying with whose giving the advice, but I think 3 to 5 years is common. One mitigating factor: Bear in mind that if you buy a house, and then after 2 years sell it, and you discover that the sale price minus purchase price minus closing costs ends up a net minus, say, $20,000, it's not entirely fair to say \"\"zounds! I lost $20,000 by buying\"\". If you had not bought this house, presumably you would have been renting. So the fair comparison is, mortgage payments plus losses on the resale compared to likely rental payments for the same period.\""}
{"_id": "4766", "title": "", "text": "While that's more true, I find as a person you're going to be much more happy and successful if you find a way to work without allowing another to be the block over you. I do not expect it of myself and do not expect it of others. You can function as your own block outside the pyramid."}
{"_id": "4772", "title": "", "text": "\"I'm not an expert by any means, but pretty much every source I've seen says that one year is far too short for any sort of real \"\"investment\"\".  Most guides suggest that anything less than 3-5 years should stay in no-risk accounts like savings or CDs.  If you need to be sure you get all of the money back after just one year, any sort of market-based investment (e.g., stocks or bonds) is too risky. One option is to buy I-bonds.  You can buy up to $10,000 worth in a calendar year, and 12 months is the minimum holding period.  The advantage of I bonds is that the interest rate is indexed to inflation, so that (roughly speaking) they cannot lose value in real dollars.  Right now they pay 1.94% per year, which is substantially better than you're likely to get with a savings account or 12-month CD.  This would come to $194 if you buy $10k of I Bonds. If you sell before holding them for five years (which you will under your plan) you forfeit the last 3 months' worth of interest.  Even so, your effective rate will likely be better than a savings account or CD.  (Also you could get 12 months' worth of interest if you're able to buy them slightly early and/or postpone your sabbatical slightly so that you hold them for 15 months.) Your other option is to find the best rate you can in a CD or savings account.  Nerdwallet for instance suggests you could get between 1% and 1.1% for a $10k deposit in a 1-year CD, which would be about $100. As you can see, either way your money is not going to grow that much.  You'll be gaining somewhere in the ballpark of a couple hundred dollars at most.  There just isn't a way to earn more than that in one year without some risk of losing principal. (I'm assuming based on your Texas flag pic that you live in the USA. :-)  To buy I Bonds you must be a US citizen, resident, or government employee.)\""}
{"_id": "4780", "title": "", "text": "\"Most of the consumer products that you buy at retail these days are commodity priced, and have been for a long time. Margins are thin, so if there are retail salespeople milling about, their compensation isn't coming from the TV or computer with a 6% gross margin. It comes from the extended warranty programs (which are not insurance and do not have regulated underwriting standards), which are typically sold at a 65-95% gross margin. So that $200 warranty most likely costs the retailer $50. The salesman gets $15-25. I paid for my college education working at a CompUSA selling these things, along with other high margin items that paid commission. In most cases, you aren't getting much coverage anyway. Most products carry a 1 year warranty, and using most \"\"gold\"\" or \"\"platinum\"\" credit cards doubles a manufacturer's warranty by up to 1 year. So with most transactions, you are already walking away with a 2 year warranty.  Warranties or service plans make sense for durable goods that cost alot and are expected to last a long time and/or require regular maintenance. I think they especially make sense if your budget is really tight -- a fixed maintenance cost can be an asset to some people because they can plan around it. Examples of this include: service plans for a furnace, boiler or water heater or a car if you're buying a manufacturer-endorsed service/maintenance plan from a dealer.\""}
{"_id": "4783", "title": "", "text": "How do I withdraw a large sum from my bank and give it to a money management firm? Either write a check to the Money Management firm or wire transfer the funds to the account mentioned."}
{"_id": "4789", "title": "", "text": "I can't think of anyone who seriously uses LinkedIn as a definitive source to find personnel.  Maybe some bottom feeding firms in India, but that's about it.  Judging by the downvotes LinkedIn is used by the Bangladesh Buttholes."}
{"_id": "4790", "title": "", "text": "\"The fact is that the annual debt expenses to annual revenue is the key figure at any point in time (as well as a model of how these change dynamically).  Since optimal annual tax revenue is roughly proportional to GDP and since annual debt expenses are proportional (a function of yield and changes over time) to debt level ... the debt/GDP ratio has been used for a long time as a reasonable yardstick.  >  Also, keep in mind that by borrowing in it's sovereign currency, the US has an enormous amount of monetary tools to handle the debt if it ever became a problem.  Most of those tricks come with increased yields (the \"\"currency risk\"\" portion of the yield on sovereign debt) ... and, so, don't actually help in the case of a death spiral.  Ask Brazil or dozens of other countries.  That thinking is also part of why LTCM failed (LTCM assumed Russia would print money to pay off debt instead of defaulting).  [Also note that the only reason Greece short-sightedly increased their debt was because, for once, the \"\"currency risk\"\" component was small.  Thus, while their debt expense / income level was reasonable with low yields ... as their debt/GDP increased, their yields increased to reflect the greater sovereign default risk.  It's why debt/GDP would have been a *better* measure for Greece that a flow based measure.]  IMO, the only reason the US isn't already in deep shit ... is because the US dollar is the de facto reserve currency.  This is probably keeping the US yields 50bp-100bp lower than they would otherwise be (... in which case our debt payments would be closer to 20% of government revenue).\""}
{"_id": "4794", "title": "", "text": "Yes When exercising a stock option you will be buying the stock at the strike price so you will be putting up your money, if you lose that money you can declare it as a loss like any other transaction. So if the stock is worth $1 and you have 10 options with a strike at $0.50 you will spend $500 when you exercise your options. If you hold those shares and the company is then worth $0 you lost $500. I have not verified my answer so this is solely from my understanding of accounting and finance. Please verify with your accountant to be sure."}
{"_id": "4799", "title": "", "text": "Of fucking course you do. It's a model. Your trying to develop an equation that represents the distribution of data for a stochastic process.   I have a random source, assuming data samples are stationary how can I develop a model of the distribution of those samples?   One way is to take N samples from that process and fit it to a particular distribution, e.g. Poisson, Gaussian, etc.   Now I have a mechanism to predict further samples from my random process.   Next step, look at the next M samples. Do the N+M samples faithfully fit my model?  No, well then I have a problem with my model. It's not Gaussian, or poisson, or whatever.   This is undergrad stuff...   And the model was clearly wrong. He was off by many percentage points in key swing states.   The cognitive dissonance is trying to bend the world to fit your failed model. What they tried to do was cook the data with a purposely flawed model which used likely voter models from the first Obama election even in the face of continually mounting evidence that the methodology was flawed."}
{"_id": "4807", "title": "", "text": "They are one of the bigger companies pushing for more 10G gear as well as lower power consumption; they have the size, cash, and the need for better, faster and cheaper software and hardware. But don't take my word for it: http://www.anandtech.com/show/4958/facebooks-open-compute-server-tested (one of many such articles). As much as I hate facebook, the reality is that there is quite a bit of drive on the technical side."}
{"_id": "4810", "title": "", "text": "\"There is no equation. Only data that would help you come to the decision that's right for you.  Assuming the 401(k) is invested in a stock fund of one sort or another, the choice is nearly the same as if you had $5K cash to either invest or pay debt.  Since stock returns are not fixed, but are a random distribution that somewhat resembles a bell curve, median about 10%, standard deviation about 14%. It's the age old question of \"\"getting a guaranteed X% (paying the debt) or a shot at 8-10% or so in the market.\"\" This come up frequently in the decision to pre-pay mortgages at 4-5% versus invest. Many people will take the guaranteed 4% return vs the risk that comes with the market. For your decision, the 401(k) loan, note that the loan is due if you separate from the company for whatever reason. This adds an additional layer of risk and another data point to the mix. For your exact numbers, the savings is barely $50. I'd probably not do it. If the cards were 18%, I'd lean toward the loan, but only if I knew I could raise the cash to pay it back to not default.\""}
{"_id": "4829", "title": "", "text": "\"But WhatsApp started up after FB and Google owned chat. They just saw an untapped market in crappy hand held devices and went after it. I suspect their plan all along was for acquisition and they executed that marvelously. They were not \"\"worth\"\" $19B, but FB was willing to pay that much to prevent Google from grabbing half a billion sets of eyeballs.  So... no monopoly.\""}
{"_id": "4830", "title": "", "text": "Yes, you could avoid capital gains tax altogether, however, capital gains are used in determining your tax bracket even though they are not taxed at that rate.  This would only work in situations where your total capital gains and ordinary income kept you in the 0% longterm capital gains bracket. You can't realize a million dollars in capital gains and have no tax burden due to lack of ordinary income. You can potentially save some money by realizing capital gains strategically. Giving up income in an attempt to save on taxes rarely makes sense."}
{"_id": "4845", "title": "", "text": "This is a Short Diagonal Calender Put Spread Generally, you're writing that long dated one at the money, and buying the short dated one out of the money.  The maximum amount that can be made is if the stock breaks out strongly to the upside, and you keep the upfront credit minus whatever small amount it took to buy the April puts back.  You can also make money if it breaks strongly to the downside, but only if the credit when you opened your positions was more than $10. Example:  Now say the stock falls to $500 by the time of that march expiration. You'd make $90/share on the march put, and lose $100/share on the April put (or a little more; but that deep in the money, there won't be much premium on it). That's a loss of $10/share, or -$1000. So: I make a point of pointing this out because in that article I linked to the fact that your upfront credit needs to be greater than the strike spread in order to profit to the downside is not clearly mentioned."}
{"_id": "4854", "title": "", "text": "Nominal. What you say is true, but I'm guessing it would be too complicated to modelate. Plus, a shareholder of a very large company would not necessarily experience said loss if he/she sells the stock in small chunks at a time."}
{"_id": "4863", "title": "", "text": "If they really believed in their product, the juice, they should have just reorganized their structure to idk repackage it slightly. So then we can buy the squeezables in gas stations or something. Sounds pretty ready if people found out you could just squeeze em out. That's how you cut manufacture prices down and still reliever the MAIN product, the juice.  You can build the best machine in the world but if the product your selling doesn't need the machine, well you've just made a mechanical baby. Beautiful, expensive, and sure as hell don't make you money."}
{"_id": "4877", "title": "", "text": "The issue here is not that Sears is taking money from the pension.  The pension is underfunded and Sear is asking to not make additional payments towards the underfunding.  Pensioners are still getting screwed.  At least in the US, there are lots of controls on what companies can do with pension money.  Way beyond just having separation of assets."}
{"_id": "4883", "title": "", "text": "Retail brokers and are generally not members of exchanges and would generally not be members of exchanges unless they are directly routing orders to those exchanges. Most retail brokers charging $7 are considered discount brokers and such brokers route order to Market Makers (who are members of the exchanges). All brokers and market makers must be members of FINRA and must pay FINRA registration and licensing fees.  Discount brokers also have operational costs which include the cost of their facilities, technology, clearing fees, regulation and human capital. Market makers will have the same costs but the cost of technology is probably much higher. Discount brokers will also have market data fees which they will have to pay to the exchanges for the right to show customer real time quotes.  Some of their fees can be offset through payment for order flow (POF) where market makers pay routing brokers a small fee for sending orders to them for execution. The practice of POF has actually allowed retail brokers to keep their costs lower but to to shrinking margins and spread market makers POF has significantly declined over the years.  Markets makers generally do not pass along Exchange access fees which are capped at $.003 (not .0035) to routing brokers.  Also note that The SEC and FINRA charges transactions fees. SEC fee for sales are generally passed along to customers and noted on trade confirms. FINRA TAF is born by the market makers and often subtracted from POF paid to routing firms. Other (full service brokers) charging higher commissions are charging for the added value of their brokers providing advice and expertise in helping investors with investment strategies. They will generally also have the same fees associated with membership of all the exchanges as they are also market makers subject to some of the list of cost mentioned above.  One point of note is that Market Making technology is quite sophisticates and very expensive.  It has driven most of wholesale market makers of the 90s into consolidation.    Retail routing firm's save a significant amount of money for not having to operate such a system (as well as worry about the regulatory headaches associated with running such a system).  This allows them to provide much lower commissions that the (full service) or bulge bracket brokers."}
{"_id": "4910", "title": "", "text": "Nowhere does that say PV uses rare earths.  It says some thin film cells use tellurium, but that's not a rare earth element.  The only substantial use of an uncommon element in silicon PV cells (which comprise 90+% of the market) is silver for front contacts,  and that's being replaced for cost reasons.   And silver is also not a rare earth element."}
{"_id": "4913", "title": "", "text": "Wealth is something that we as a whole need, yet the question is how? Making wealth is not something that is troublesome but rather it is something that you need to think emphatically, as it is said negative considerations can give you negative outcomes. So right off the bat, you should simply begin thinking emphatically and for this, your psyche needs to imagine that way. Wealth is something that can guarantee a superior future. Having a huge amount of wealth is not something you will get in a matter of seconds. This can be a convenient procedure and a great deal of hazard is included in accomplishing it.  We, at Wealth Generators, help you in getting your dream of being rich completed in a very professional way. We through proper guidance given by the financial experts, enable you to generate handsome wealth in a very short span of time. Our financial experts will guide you throughout the wealth generation procedures in accordance with the latest market trends and the ups and downs. Our step by step guide will help you in making decisive decisions in a very effective way. We provide financial education through our newsletters either on the weekly, monthly and yearly basis to let the readers understand the insights of the capital market and its derivatives.  We use the latest financial technologies and tools to bring the best to the forefront of the readers. Our wealth generator newsletters are the essential guide in this competitive market scenario to help the smart investors or people willing to earn huge profits in real time."}
{"_id": "4923", "title": "", "text": "Funny most of those states almost half voted blue. Take the bottom quarter of Florida and go to the Middle red states. More democrats than the entire population combined. Empty land my friend no one gives a shit about empty land."}
{"_id": "4933", "title": "", "text": "There are quite a few reasons that a company may choose to pay dividends rather than hold cash [increasing the share value].   Of couse there are equally other set of reasons why a company may not want to give dividends and hold on to cash. Related question here Please explain the relationship between dividend amount, stock price, and option value?"}
{"_id": "4941", "title": "", "text": "\"**Gregory R. Page**  Gregory \"\"Greg\"\" R. Page (born 1952) is an American businessman. He serves as executive chairman of Cargill, Inc. of Minnetonka, Minnesota.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "4946", "title": "", "text": "\">the attorneys behind the case plan to ask for \"\"an award of up to $16,500,000 in attorneys' fees and expenses.  Fucking lawyers.  They get crazy fees and we get worthless coupons.  Lawyers are the only thing *worse* than Ticketmaster.  Oh, and guess where that $16.5M will be coming from?  *Future* ticket prices.  i.e. WE FUCKING LOST, THE LAWYERS FUCKING WON, AND TICKETMASTER CAME OUT EVEN...\""}
{"_id": "4947", "title": "", "text": "It would only make sense to repay the HBP faster if you knew your marginal tax rate would be increasing in the future.  It sounds like that is not the case.  By repaying it sooner with borrowed money, you are paying extra interest and potentially increasing your marginal tax rate.  Probably not a good plan unless you know your taxable income will increase for other reasons in the next couple years."}
{"_id": "4966", "title": "", "text": "\"Sovereign immunity is the state's ultimate \"\"get out of bankruptcy free\"\" card.  After all, the state has a hand in defining what bankruptcy even is in their state.  Federal law is a framework, states customize it from there.   The state's simplest tactic is to simply not pay you.  And leave you scrambling to the courthouse for redress. Is that an automatic win?  Not really, the State can plead sovereign immunity, e.g. Hans v. Louisiana, Alden v. Maine.     You could try to pierce that sovereign immunity, essentially you'd be in Federal court trying to force the state into bankruptcy.  This would pit State authority against Federal authority.  The Feds are just as likely to come in on the state's side, and you lose.  Best scenario, it's a knock-down drag-out all the way to the Supreme Court.  You would have to be one heck of a creditor for the legal fees to be worth your trouble.  States don't make a habit of this because if they did, no one would lend money to them, and this would be rather bad for the economy all around.  So business and government work really hard to avert it.  But it always stands as their \"\"nuclear option\"\".  And you gotta know that when loaning money to States.\""}
{"_id": "4976", "title": "", "text": "Companies are required BY THE IRS to try to get everybody to contribute minimal amounts to the 401K's.  In the past, there were abuses and only the execs could contribute and the low paid workers were starving while the execs contributed huge amounts.   On a year-by-year basis, if the low-paid employees don't contribute, the IRS punishes the high paid employees.  Therefore, most employers provide a matching program to incentivize low-paid employees to contribute. This 9% limitation could happen in any year and it could have happened even before you got your pay raise, what matters is what the low-paid employees were doing at your company LAST YEAR."}
{"_id": "4982", "title": "", "text": "> Nothing quite like having interviews with regional buyers and store managers as a primary source on a paper or project. > Quite frankly, I think Mackey was pretty much just lucky. Most of the people I interacted with while I worked there had zero sense when it came to any sort of long term strategic positioning within the industry   Is it normal for Buyers and Store managers to have long-term strategic plan thinking?  Those people should be executing the current plan."}
{"_id": "4992", "title": "", "text": "Yes, this extra income would be taxed at your marginal rate because it is increasing your total income. This does not necessarily apply to all income, however. Capital gains are taxed at a different rate. Depending on the amount of extra work, you may wish to consider setting up a corporation. Corporations are taxed entirely differently. This would also give you the opportunity to write off far more of your expenses, but be aware of double taxation. Investopedia has a good article on double taxation. The issue is that the corporation must pay taxes on the revenue and then, when you take out the money either as salary or dividends, you personally will pay tax. It may leave you better off, even with the double taxation. Dividends are taxed at a lower rate than your marginal tax rate, generally. And you can write off much more inside a corporation. If considering this, talk to an accountant and discuss your expected revenue from consulting. The accountant should be able to quantify the costs and benefits."}
{"_id": "5017", "title": "", "text": "\"Yeah, so where are the scholarly articles? I don't see any being referenced in the article. Seems to me like it's just his opinion. Explains why it's an op-ed rather than a research article or something of substance.   It sure is easy to say \"\"don't have a kid before 21,\"\" but have you considered that a lot of kids don't have access to birth control? Or even sex ed? I've met teens who don't even understand how sex works but they sure are having it. What about marriage? For some kids, it's easier to get married because it gives them access to housing, health care if the spouse has a plan, but even then, the divorce rate is so incredibly high that a lot of them face homelessness and situational poverty when they separate. Have you ever seen someone working 2-3 jobs but they're still poor? I've certainly seen it. I've seen kids choose work over high school because it means they can support their families. A lot of families in poverty depend on every single member of the family to bring in a source of revenue, and even then they can't seem to get by. You said it yourself, you can't support a family on minimum wage. But kids in generational poverty have learned to. Their mothers taught them. \"\"Getting out\"\" of poverty just isn't real for most of these kids. That's why the [cycle of poverty](https://en.m.wikipedia.org/wiki/Cycle_of_poverty) usually spans across three generations in a family. What happens in a child's home life will affect them for the rest of their lives. When they learn how to live in poverty as children, the behaviors they learn are much more likely to carry through to adulthood.  It doesn't matter what your political stance is, it's going to take some intervention from the government to create programs for these kids in generational poverty. This issue is much too complicated and pervasive to treat it otherwise\""}
{"_id": "5018", "title": "", "text": "It could be that the contracts were bought at cheaper prices such as $.01 earlier in the day. What you see there with the bid and ask is the CURRENT bid and CURRENT ask. The high ask price means there is no current liquidity, as someone is quoting a very high ask price just in case someone really wants to trade that price. But as you said, no one would buy this with a better price on a closer strike price. The volume likely occurred at a different price than listed on the current ask."}
{"_id": "5019", "title": "", "text": "Many a time even if the tax is deducted and paid by the company it does not reflect as a credit against your PAN for various reasons like, you not submitting it to your employer in time, errors of reconciliation, etc. Its advisable that you inform your company finance officer that you have received such a letter. Q1. The sure shot way of knowing that your company is depositing tax with government is to view your tax credit report. This was set-up in 2004 and gives the details of all credits against your PAN and the tax deducted against your PAN. It shows if the tax was TDS and which employer paid it, or if this was a self assessment, or TCS, etc.  To view this report there are 2 options:  Register directly at http://www.tin-nsdl.com/panregistration.asp.  Follow the one time registration process and keep viewing the tax credits. Note it normally takes 2-3 months to reflect the data.  The other alternative is that quite a few leading banks [Citi, SBI, etc] provide a direct access to this report from their internet banking frontend, provided your PAN is associated to your account. Q2. The only details you need to submit are the Form 16. This would have all the details of when the tax was paid and the BSR number required for reconciling. Q3. TDS is the liability of the employer. However if this has not been deducted or too little was deducted based on incorrect/incomplete information give by you, then its your liability. For example if you change jobs in a year, the tax deducted is always less and you have to pay the difference. Q4. If its established that the company was at fault for not deducting the tax or deducting and not paying it to government on time, there are enough provisions to penalize the company including putting the top management team behind bars."}
{"_id": "5049", "title": "", "text": "Yes, it is a scam. There is no doubt about it. Never give your bank password to anyone, especially strangers. You will lose your money if you fall for this."}
{"_id": "5052", "title": "", "text": ">Sprint's network can support at least 2x their current subscriber base before exhibiting any kind of slowdown.  Good thing, because if if their current data speeds were any slower it'd be faster to write it out and put in the the mailbox."}
{"_id": "5054", "title": "", "text": "When fundamentals such as P/E make a stock look overpriced, analysts often point to other metrics. The PEG ratio, for example, can be applied to cast growth companies in a better light.  Fundamental analysis is highly subjective. For further discussion on the pitfalls of fundamentals, I suggest A Random Walk Down Wall Street by Burton Malkiel."}
{"_id": "5057", "title": "", "text": "Apologies, I agree with Iamchrisbrown209, girlfriend-beating fuckmunch that he may be. Walmart does not tolerate strikes because the majority of Walmart's employees simply don't have enough experience to strike- were I a dock loader, if half my stevedores striked tomorrow I'd simply fire them and hire a bunch of other guys who could lift heavy things in exchange for x amount of money tomorrow. Because in the global (and most local) labour markets at this time and in this global economy, I could. I simply could do that.     It's sad, and, I agree, wrong. The reason that the minimum wage exists is because of protectorate and nationalist business practices, nothing more. It may be a *good* thing, and a *right* thing, and I agree that it is, but it isn't because of compassion. It's because at the time that the concept of minimum wage was negotiated and discussed, there wasn't really such a thing as outsourcing. Companies could not outsource their labour to other markets, because for a large time there was no other market to outsource to. The concept of shipping jobs to China, or India, or Brazil, or, in fact, anywhere else, simply didn't exist.   The ultimate message is that people don't *deserve* anything; they get what they fight for in reasonable circumstances and what they successfully lobby their government on. Namely, that tends to be popular, fiscally sensible (although not so much in the United States, in some cases) and viable political policies. Nothing more. It's very sad. It's not right. But it is reality, unfortunately."}
{"_id": "5058", "title": "", "text": "The most important thing, IMO is to love the business itself. Love what you are doing. Some people in a family business have aptitudes/attitudes better suited for somewhere else, they are just there because they want to help the family. That is a noble mindset but it may translate into sub-par work because you are not doing what you love. So love it, or at least like it a lot."}
{"_id": "5064", "title": "", "text": "The Hong Kong Dollar is based on the US dollar.  The Hong Kong central bank recognizes the US dollar as its reserve currency.  That is, the Hong Kong central bank keeps US dollars as its main reserve.  Not long ago the reserve currency of choice would have been gold.  Central banks of each country would need to have enough gold to back up any currency they issued.  Now central banks use the US dollar instead.  This is what is meant when people mention the US dollar being the reserve currency for most countries. From wiki regarding the HK dollar: A bank can issue a Hong Kong dollar only if it has the equivalent   exchange in US dollars on deposit. So you're assumption is correct: as the US Federal Reserve prints more money and that money finds its way to Hong Kong banks, the Hong Kong banks will be able to issue more Hong Kong dollars which will have an inflationary affect. What to do?  If you look around enough on this site you'll find some suggestions.  Here is one."}
{"_id": "5066", "title": "", "text": "Clinical infertility can additionally confound the procedure and make additional worry as you attempt to consider, so it's essential to know how to enhance the pregnancy calculator and odds of pregnancy by keeping up perfect conditions for origination. Beneath you will get a more critical take a gander at a portion of the components that can support ripeness in both sound couples and those battling with infertility."}
{"_id": "5122", "title": "", "text": "Robinhood does offer premium products that they charge for-I suspect we will see more of that in the future. They do not change the bid/ask spread as some have said because they have to give you the NBBO."}
{"_id": "5135", "title": "", "text": "I wouldn't say that this is specific to student loans. I think nowadays debt is just becoming a bigger and bigger thing. Partially due to the increasing wage gap, as the standard of life moves up way faster than wages move up, debt becomes necessary. Also debt is a very appealing thanks to the interest rates people will pay, so more banks want to give them out, and more people want to take them to be able to go to good schools, own a nice house, etc. We've gone from a generation that expected to be able to earn and save up for everything within a reasonable time to one that normalizes debt as something that everybody just gets into to have a normal standard of life."}
{"_id": "5152", "title": "", "text": "Essentially, what you're describing is a leveraged investment.  As others noted, the question is how confident you can be that (a) the returns on the investment will exceed what you're paying in interest, and (b) that if you lose the bet you'll still be able to pay off the loan without severely injuring yourself.  I did essentially this when I bought my house, taking out a larger loan than necessary and leaving more money in my investments, which had been returning more than the mortgage's interest rate. I then got indecently lucky during the recession and was able to refinance down to under 4%, which I am very certain my investment will beat. I actually considered lengthening the term of the loan for that reason, or borrowing a bit more, but decided not to double down on the bet; that was my own risk-comfort threshold. Know exactly what your risks are, including secondary effects of these risks. Run the numbers to see what the likely return is. Decide whether you like the odds enough to go for it."}
{"_id": "5179", "title": "", "text": "I've been short the Euro for several months now against the USD (could be various others as well). I got in at 1.42, sold on a bounce up to 1.36, bought back at 1.38 and now will probably ride it out lower.   Regardless of whether or not the Eurozone breaks up, I see it breaking through the 1.30 mark in the near-term. After that, I'm not sure how low it goes, but there is certainly potential for it to head towards 1/1. In order to reduce the burden, the ECB needs to devalue the currency.   Although Germany really doesn't want this due to their anti-inflationary ideology, if Italy comes crashing down, so does France. When France goes, Germany goes into a deep recession if not a depression. They have to devalue some.  As for a collapse, I have no idea. It probably depends on how many (if any) countries retain the currency and who they are."}
{"_id": "5180", "title": "", "text": "Your analysis is not comparing apples to apples which is why it looks like investing money in a non-qualified account is better than a 401k (traditional or Roth).  For the non-qual you are using post tax dollars (money that has already been taxed). Now on top of that original tax you are also going to pay capital gains tax for any growth plus dividend rates for any dividends it throws off.  For the 401k, let's assume for the moment that $10,000 is invested in a traditional and that the marginal tax rate is always 20%. And for growth let's assume 10x. With a traditional your money will grow to $100,000 and then the IRS gets $20,000 as you pull the money out. The result is a net 80,000 for you.  For a Roth 401k, it is taxed first so only $8,000 gets invested. This then grows by the same multiplier to $80,000. (Until you consider changing tax rates the Roth and traditional give the same growth of money). Considering the non-qual option, like with the Roth we only have $8,000 to invest. However in this case you will not realize the full 10x growth as you will have to pay taxes on $72,000. These are taxes that the 401ks (and also IRAs) do not pay. There are other reasons to consider non-qual over maxing out your 401k. Liquidity, quality of investments, and fees being some of those. But the capital gains rate vs. ordinary income rate is not one, as the money in the non-qual still has to go through that ordinary income tax first before it is available to even invest."}
{"_id": "5181", "title": "", "text": "I dont think the author really understands why or how credit bureaus work, why they exist, and therefore where the blame exists for incorrect data. No credit bureau wants incorrect data, for obvious reasons, but it happens. That's one reason why they let you get access to your credit score, to check it the data is correct and make the 'product' (data about you) better. The source of the data is always to blame for something being incorrect though.  That's banks, utilities companies, etc.  A credit bureau can't check any more than they do already. But they can improve how they deal with mistakes or badly matched data. Not sure about how that works in the US, but here in EU there are strict rules about how mistakes are corrected, and how long it takes.  As for storing it in block chain.. That wouldn't really solve OPs problem with credit bureaus. Someone still needs to collect and match data, and that's arguably harder than securing the data in the first place."}
{"_id": "5188", "title": "", "text": "Basically you have 4 options: Use your cash to pay off the student loans. Put your cash in an interest-bearing savings account. Invest your cash, for example in the stock market. Spend your cash on fun stuff you want right now. The more you can avoid #4 the better it will be for you in the long term. But you're apparently wise enough that that wasn't included as an option in your question. To decide between 1, 2, and 3, the key questions are:  What interest are you paying on the loan versus what return could you get on savings or investment?  How much risk are you willing to take? How much cash do you need to keep on hand for unexpected expenses? What are the tax implications? Basically, if you are paying 2% interest on a loan, and you can get 3% interest on a savings account, then it makes sense to put the cash in a savings account rather than pay off the loan. You'll make more on the interest from the savings account than you'll pay on interest on the loan. If the best return you can get on a savings account is less than 2%, then you are better off to pay off the loan. However, you probably want to keep some cash reserve in case your car breaks down or you have a sudden large medical bill, etc. How much cash you keep depends on your lifestyle and how much risk you are comfortable with. I don't know what country you live in. At least here in the U.S., a savings account is extremely safe: even the bank goes bankrupt your money should be insured. You can probably get a much better return on your money by investing in the stock market, but then your returns are not guaranteed. You may even lose money. Personally I don't have a savings account. I put all my savings into fairly safe stocks, because savings accounts around here tend to pay about 1%, which is hardly worth even bothering. You also should consider tax implications. If you're a new grad maybe your income is low enough that your tax rates are low and this is a minor factor. But if you are in, say, a 25% marginal tax bracket, then the effective interest rate on the student loan would be more like 1.5%. That is, if you pay $20 in interest, the government will then take 25% of that off your taxes, so it's the equivalent of paying $15 in interest. Similarly a place to put your money that gives non-taxable interest -- like municipal bonds -- gives a better real rate of return than something with the same nominal rate but where the interest is taxable."}
{"_id": "5191", "title": "", "text": "Credit card fraud protection (by law), credit card cash back programs (provided by most CC issuers), and debit card fees (commonly imposed by the merchant). The crux is that with CC transactions, a small percentage is remitted to the issuing bank.  Since the banks are already making money hand over fist on CC's, they incentivize people to use them. CC security is also lax because the merchant is responsible for fraudulent charges instead of the bank.  If the merchant fails to check a signature, they are held liable for all charges if the card holder reports a fraudulent transaction."}
{"_id": "5203", "title": "", "text": "I have credit card debt of about $5000  That's the answer right there. You told us the 401(b) has no match. The next highest priority would be credit card debt that's costing you interest. You didn't mention the rate on the card, I'm assuming it's 8% or more.  As far as your balance sheet (the 'bottom line') is concerned, pay off a 10% debt is the same as earning 10% on your money. If anyone promises you a higher return with a different investment, I'd run the other way. We hope the market, i.e. the US stock market, as measured by a broad index, say the S&P 500, will return 8-10%/yr over the long term, but this isn't guaranteed. Paying off that credit card will save you the interest every year, and free up the payments to invest elsewhere.  In response to Marlene's comment - Crazy? No. Human nature and emotion is what it is. I honestly don't know how to address some of it. Years ago, I was in a similar situation with a reader who had a $5000 'emergency' account, yet had $5000 in credit card debt. I had a tough time getting my head around why it wasn't obvious this made no sense. In your case, I might suggest you pay the card down to below $1000 and have the credit line reduced. Paying high interest on $5K makes no sense at any point in one's life. At least a 20-something can dig his way out and learn a lesson. A pre-retiree shouldn't be throwing this money away."}
{"_id": "5213", "title": "", "text": "Okay, so?  You were arguing that I wouldn't like to be on the receiving end  making the sacrifice.  Clearly someone who is earning more money but paying a lower percentage is making much less of a sacrifice than someone earning less money but paying a higher percentage in tax."}
{"_id": "5219", "title": "", "text": "Most US banks don't allow you the ability to draft a foreign currency check from USD. Though, I know Canadian banks are more workable. For instance, TD allows you to do this from CAD to many other currencies for a small fee. I believe even as a US Citizen you can quite easily open a TD Trust account and you'd be good to go. Also, at one time Zions bank was one of the few which lets US customers do this add-hoc. And there is a fee associated. Even as a business, you can't usually do this without jumping thru hoops and proving your business dealings in foreign countries. Most businesses who do this often will opt to using a payment processor service from a 3rd party which cuts checks in foreign currencies at a monthly and per check base. Your other option, which may be more feasible if you're planning on doing this often, would be to open a British bank account. But this can be difficult if not impossible due to the strict money laundering anti-fraud regulations. Many banks simply won't do it. But, you might try a few of the newer British banks like Tesco, Virgin and Metro."}
{"_id": "5220", "title": "", "text": "\"No one is quite sure what happened (yet).  Speculation includes: The interesting thing is that Procter & Gamble stock got hammered, as did Accenture.  Both of which are fairly stable companies, that didn't make any major announcements, and aren't really connected to the current financial instability in Greece.  So, there is no reason for there stock prices to have gone crazy like that.  This points to some kind of screw up, and not a regular market force. Apparently, the trades involved in this event are going to be canceled. Edit #1: One thing that can contribute to an event like this is automatic selling triggered by stop loss orders.  Say someone at Citi makes a mistake and sells too much of a stock.  That drives the stock price below a certain threshold.  Computers that were pre-programmed to sell at that point start doing their job.  Now the price goes even lower.  More stop-loss orders get triggered.  Things start to snowball.  Since it's all done by computer these days something like this can happen in seconds.  All the humans are left scratching their heads. (No idea if that's what actually happened.) Edit #2: IEEE Spectrum has a pretty concise article on the topic.  It also includes some links to follow. Edit #3 (05/14/2010): Reuters is now reporting that a trader at Waddell & Reed triggered all of this, but not through any wrongdoing. Edit #4 (05/18/2010): Waddell & Reed claims they didn't do it.  The House Financial Services Subcommittee investigated, but they couldn't find a \"\"smoking gun\"\".  I think at this point, people have pretty much given up trying to figure out what happened. Edit #5 (07/14/2010): The SEC still has no idea.  I'm giving up. :-)\""}
{"_id": "5223", "title": "", "text": "Are you one who cannot invest high efforts and time to enhance the profit in trading? However, you have strong desire to gain profits in trading binary options. Then, binary today is just for you. It encompasses the features, which is highly applicable for novice and experience person."}
{"_id": "5224", "title": "", "text": "If you sell your shares for more than their value at the time you received them (i.e. you make a profit) then you will be liable for capital gains tax - but only if the profit exceeds your annual allowance (\u00a311,100, in tax year 2015-16). This is unrelated to how you came by the shares in the first place. (Note that there are certain exemptions to this, which includes some employer share schemes.)"}
{"_id": "5239", "title": "", "text": "\"I think you're on the right track. Your #2 journal entry is incorrect. It should be (I usually put the debit entry on top, but I followed your formatting) I'm assuming your employer uses an accountable reimbursement plan (reimbursing you when you turn in your payment bill/receipts). This is not salary. Reimbursements under the accountable plan in the US are not taxed as income. If you think about it though, \"\"phone expense\"\" isn't really your phone expense. So, instead of #1 entry, you could make an account receivable, or other current asset account, maybe call it Reimbursables - cellphone, and debit this account, and credit your cash account. When you receive the $30 back, you will reverse the entries on the day of payment. If you do it this way, you should be able to see a list of receivables outstanding (I'm not too familiar with GNUCash but I'm sure it has this type of report).\""}
{"_id": "5252", "title": "", "text": "Ok, but I wasn't trying to validate the Bible, merely pointing out OP's mischaracterization of Christian values in regards to what constitutes charity.   It's almost as if you have a bone to pick with religion in general. Talk about dogmatic responses!"}
{"_id": "5253", "title": "", "text": "You buy something on margin. It goes down. You get a margin call.  It's not more complex than that. The value of your account has to be X% of the asset you control. The fact that the ETF is bull, bear, triple long/short, doesn't really matter."}
{"_id": "5257", "title": "", "text": "The different levels are somewhat related to levels of risk. Writing a covered call is pretty low risk, in the sense that if I buy the stock but sell a call, I now have a lower cost for the stock, and however low the stock drops, I'm still slightly better off than the regular stock buyer. Covered call writing is often used to generate premium income from a stock portfolio, and less as a tool for speculation. Buying a call or put is simpler in execution, but the risk of losing the entire amount spent (I actually avoid the word invested here) due to leverage involved isn't just a possibility \u2014 it can be pretty likely depending on the strike price. Put writing and uncovered (naked) call writing can entail even higher risk relative to the premium received \u2014 consider extreme moves in the underlying to understand the potential losses involved. The more sophisticated trades are presumed to take a bit more experience and tolerance for risk and each broker has its own set of criteria to allow the client to trade at each level."}
{"_id": "5273", "title": "", "text": "Obviously, there will be individual differences.  However, the difference between groups is greater than the difference within groups.  Gender differences are real because biological, physical, chemical and social differences are real.  Men tend to be problem-solvers.  Most work is about solving problems.  Women tend to be more centered on emotion, and most work is not about emotion.  Most men are just better-suited for most work.  Maybe this is because men invented business and modern commerce.    From my experience and observation, men tend to enjoy work more.  We tend to take fewer sick days.  We tend to arrive earlier and stay later.  We make work a higher priority in our lives.  We take the success or failure of our projects and businesses more personally.  We complain less.    It's human nature to look at what someone else has and wish you had it, too.  But most people who engage in that tend not to want to do what those others did to get what they have.  I'm convinced that any woman of intelligence, ambition and diligence can get at least as far in the corporate world as any man, if she decided to put all her intelligence, ambition and diligence into that.  Most women tend to have other priorities, and those are valid choices on their part."}
{"_id": "5284", "title": "", "text": "Are there specific questions that you have? You can explore subs on reddit, there are solid news sources like coindesk.com and specific people on twitter / medium you can follow to get deeper insight.  There are also entire avenues of theory such as cryptoeconomics - meaning how do you pay, incentivize, and secure miners.  The architecture layer is complicated - currency is the tip of the iceberg, there is inherent value in protocols built on top of a blockchain and blockchains themselves."}
{"_id": "5298", "title": "", "text": "If the business is being investigated by your state's Attorney General's office, then your first call should be to that office.  They will be able to help you in a few ways, even if they can't explicitly resolve the situation, and they also would undoubtedly appreciate your information to add to their case as well. First, they may be able to tell you how other victims have had their cases resolved, particularly if any went to court on their own.  While they won't be able to provide you with personal information of the other victims unless it is public knowledge (via a court case), the information about how the other victims resolved the cases may be helpful - both to show what to do, and what not to do. Second, they may be able to put you in contact with an attorney who is handling other cases like yours. That may reduce the cost of the attorney (as they'll have already done some of the work), and may mean that the attorney is willing to work with no up front fee on the assumption of winning the case. Third, if there are options for getting your money back without a court case, the AG's office may be able to help provide those as well. If the Attorney General's office is unable to help you, then your best bet is to contact an attorney on your own - look for one who specializes in consumer protection and fraud.  This is the purpose attorneys exist for: pursuing your interests against another's.  Let them do their job.  Do make an effort to find a good, honest attorney; you may find some help on how to do this on law.se if you need it (not actual recommendations, mind you, just help with how you would go about finding one).  It sounds like your claim would be above and beyond the level of a small claims court lawsuit, but verify this in your jurisdiction; if small claims court goes up to $10,000, you may be able to pursue it there on your own - but I would still get some help from an attorney, at least finding out what you would need to win."}
{"_id": "5323", "title": "", "text": "Since returning of capital is the most important, I would go to bankrate.com and find either an online bank savings account or MMA account.  By going to bankrate.com, you can find higher rates.  Sometimes you can find rates that are higher than a CD and are still FDIC insured.  I've found ally bank's raise your rate 2 year CD to always have the best rate.  In addition, if rates go up, you are able to raise the rate to the current rate."}
{"_id": "5334", "title": "", "text": "Sign up for alerts.  Everytime you use your card, you'll get an alert.  That way if there is an unauthorized transaction, you'll know right away. The alerts can also tell you what amount was charged - since this happens right away, the last last cc transaction is fresh in your memory and any overcharges can be easily detected. Has saved me more times than I can remember!"}
{"_id": "5337", "title": "", "text": "when you are that big you typically run a hybrid environment with a mix of public and private cloud environments. At that scale it becomes more cost efficient to build and operate on your own hardware while bursting public cloud resources on demand"}
{"_id": "5344", "title": "", "text": "Well, it's a pain in the ass and industries vary...  At $15/hr in my industry in my state, take home can be as low as $12 and cost about $24...  This puts a huge strain on entry positions and wage growth...  Plus with payroll taxes, wages can almost never outpace Inflation...  If employers give a 10% raise to workers, it costs 15% and their take-home only increases 8% (random fictional numbers, but close)...  So what we've done is increased  cost of living by nearly twice every wage increased...  It's a dog chasing its tail..."}
{"_id": "5347", "title": "", "text": "If you prefer the stock rather than cash, you might find it easier to take the cash, report it, and then buy the same stock from within your own country."}
{"_id": "5351", "title": "", "text": "I actually completely agree that global warming is increasing foliage, because plants thrive in a high CO2 environment. But I disagree that this is good for the environment as a whole.  I looked at your history and can see I probably wont be able to change your mind. But just imagine that you're wrong for a second and that you are supporting something that will be horrible for your grandchildren."}
{"_id": "5360", "title": "", "text": "\"once again: the problems you have commented about (i.e. decline of UK manufacturing and foreign policy) and your very crude version of historical causality, combined with the policy conclusions you have suggested (the need for common immigration and policy regime with the US) suggest to me that either you haven't quite grasped post-war euopean history, or you've ventured into the realm of conspiracy theory.   PS: \"\"when they're charismatically explained in such a systematic and specific way\"\" is not a phrase commonly used in english. explain what you mean by that, please.\""}
{"_id": "5378", "title": "", "text": "\"Not sure what your point is, but not all journalists are trying to predict the future. Some just report existing trends and let the readers make their own conclusions. The trend the article talked about was work, and therefore capital, flowing to cities. You said this trend would reverse over the next few years, because Trump. I'm not sure what you think that means. I would surmise that if America were to double down on \"\"Trump,\"\" we will lose the subsequent trade war, we will fail to invest in or heed science, we will fail to invest in national infrastructure (yes I know Trump promised this, but the Republicans only understand how to cut things,) and our healthcare system will be whittled away to something worse than it already is.   In that case, talented workers would not only stop going to cities, they would leave the country entirely.\""}
{"_id": "5409", "title": "", "text": "\"I'm sorry, I find it hard to believe that a prestigious firm would just \"\"give\"\" out work to some random person to do for free. The companies he's trying to get into aren't some mom and pop shops, and you don't \"\"infiltrate\"\" them by being friendly with janitors.  I'm not saying your advice is bad. I just don't think it applies to MBB.\""}
{"_id": "5418", "title": "", "text": "You can find both here: http://www.bde.es/tipos/tipose.htm"}
{"_id": "5419", "title": "", "text": "As a former Target employee, the effort to find offending gift cards and deactivate them, as well as to get a list of all Amex/Visa cards already bought with the cards and report them to Amex/Visa for deactivation would be rather trivial for Target. I don't think they'd do it, but it's not that hard."}
{"_id": "5433", "title": "", "text": "W9 is required for any payments. However, in your case - these are not payments, but refunds, i.e.: you're not receiving any income from the company that is subject to tax or withholding rules, you're receiving money that is yours already. I do not think they have a right to demand W9 as a condition of refund, and as Joe suggested - would dispute the charge as fraudulent."}
{"_id": "5446", "title": "", "text": "\"So, what's going to happen to those [400,000](https://electrek.co/2017/05/05/tesla-model-3-reservations-3/) 'deposits'?  Tesla's \"\"record-breaking\"\" 25K quarterly production figure means it'll take *four years* to build the 400,000 cars people have put down deposits on. How many tail-end Charlies are going to wait that out? The [current](http://insideevs.com/when-will-the-7500-us-credit-expire-for-the-tesla-model-3-and-everyone-else/) expiration schedule for the $7500 tax credit puts it to Mr. tail-end, *hard*. At the Model 3 price point, this is going to have a much larger effect on its buyers than on the $100K+ demographic.\""}
{"_id": "5447", "title": "", "text": "It's admittedly a theory. I've not yet heard a good reason for skyrocketing opioid addiction unless you believe it's the fault of doctors or pharmaceutical companies which seems slightly more absurd. These drugs have always been highly controlled and regulated, that's not changed."}
{"_id": "5470", "title": "", "text": "\"Predictions, especially doomsday predictions, can go wrong quickly.  I would be careful of anyone calling an \"\"end\"\" to a country like the U.S., especially, if they have something to gain and a history of being wrong.  On the other hand, someone warning of something with a past of financial credibility can be quite useful.  For instance, compare Frank Stansberry to Jesse Colombo (@TheBubbleBubble on Twitter).  Jesse was one of the few who predicted the financial crisis in 2004 and is currently warning of new bubbles (ie: the higher education bubble) - even admitting to profiting off of some of them and encouraging others to do the same.  However, his assertions can be investigated to verify accuracy, but they are hardly the end of the end (in fact, Jesse likes to boast that he's an optimist and thinks eventually we'll usher in a Golden Age).  Frank Stansberry, on the other hand, doesn't seem to carry the credibility; a brief internet search generated some issues he's had with the SEC about misleading investors. (Completely forgot to add, Mike Shedlock - Mish - also has made some predictions that have come true and clashed with some other financial advisers over inflation vs. deflation.  While people were screaming \"\"HYPER-INFLATION\"\" back in 2008-2009, Mish constantly attacked them for being wrong, and has continued to be right.  Some of his political views, of course, aren't popular, but some of his financial predictions have been stellar.) Anyone who warns of anything should always be checked out for both what they've said, what they are currently saying, and what their agenda is.  As one of my mentors warned me, everyone has an agenda and that's not always bad - their agenda may align with yours, just make sure it does. [On a humorous side note, my father has predicted the end of the world every six months since 1994.]\""}
{"_id": "5482", "title": "", "text": "The other day I commented with another redditor in another post about how the farm workers in California should be happy with a minimum wage model that allows them to bust their ass and make up to $20/hour. So it depends on who/what we're talking about."}
{"_id": "5535", "title": "", "text": "\"There are many Bitcoin stores where items are bought and sold daily. Overstock.com is one of them. The value doesn't matter because Bitcoins are divisible down to 8 decimal points. I can send you a fraction of a penny easily, although currently the transaction fee to send it is likely to be several pennies. (One purpose of the fees are to discourage such pointlessly small transactions, referred to as \"\"dust\"\".)\""}
{"_id": "5539", "title": "", "text": "We spent 8 hours with you criticizing my post and feelings on a topic.  Are you really going to get sand in your panties because you finally gave an opinion on something and it was easy to pick apart?  You know that your opinion is based on a fairytale that has never successfully coalesced in over 10,000 years of human existence in any kind of size to be meaningful.  We have literally millennia of different forms of government that we can pick through and learn from. And yet anarchy hasn't made it through any timeframe in anything but statistically insignificant small and short lived societies.  You had to reach back to medieval times just to find one single relevant example.... But, yep,  taxes and government are bad..."}
{"_id": "5544", "title": "", "text": "Being lucky is definitely a part of it, but being smart on how to navigate each choice is NOT based on luck.   Think of a blackjack game. A game based on luck, but you can make logical moves that can help you win. Do you double-down on an 11 with 3 face cards on the table?, probably not. Do you split the tens with lots of low cards on the table?, yes.  So to think it's only luck that determines one success is naive."}
{"_id": "5550", "title": "", "text": "$300k gross is lunch money, even for many small brick and mortar businesses. Add in taxes (federal, state, county, city, sales tax, property tax, parking, licenses/ permits), rent, cost of goods, hired labor and that $300k turns into $0, if you're lucky."}
{"_id": "5572", "title": "", "text": "\"It's not necessarily bad but it can cause the stock price to become a lot more volatile. Depends on which side of the bet you're on ;) Suppose a hedge fund manager thinks a company is poorly run. He may buy a ton of shares so that he can get rid of the current CEO and replace it with his/her own. For the hedge fund and others long on the stock, this is good. Those who are trading options or using some short-term strategies could get screwed because of the sudden volatility.  My next point is related to the above. What is the intrinsic value of a stock? The current price of a stock is the equilibrium of all investor's perception of the stock's value. Professionals make up a value for a stock using models such as DCF. Once they do so they trade based on what they believe the value of the stock is. You might calculate a stock is worth 70 and I believe it's 80 so the stock price is going to fluctuate a bit but it should keep within that range (assuming we're the only investors). Then comes a hedge fund manager, say Carl Icahn, and discloses a stake in our stock. \"\"Wow, the stock must be really valuable!\"\" Everyone starts buying this stock so up it goes to 90, simply because the guy who seems to know what he's doing bought it. The point here is that now it's not trading based on intrinsic value, now it's purely psychological. Ie. it's now a momentum stock, which you have no idea when it'll crash. Look at Tesla, Netflix, or just google momentum stocks. All the big crashes in stock prices happen when these big funds unload their stocks. A surge in supply will cut the price. The problem is you can't predict when some fund manager will decide to sell some stake of his.  Tying everything together is liquidity. The more liquid a stock is, the easier it is to obtain and the less volatile it is. The more people playing the game, with not too big shares of stock, the faster the price will converge to some equilibrium and with less volatility. Institutional investors take away liquidity.\""}
{"_id": "5573", "title": "", "text": "Exact rules may be different depending on the size of the investor, the specific broker, and the country.  For both the US and Canada, short sales occur only through one's margin account.  And shares that are borrowed for shorting only come from a margin account. Shares held in a cash account are not available for shorting.  From Wikipedia Short (finance) - The speculator instructs the broker to sell the shares and the   proceeds are credited to his broker's account at the firm upon which   the firm can earn interest. Generally, the short seller does not earn   interest on the short proceeds and cannot use or encumber the proceeds   for another transaction. As with many questions, I'd suggest you contact your broker for the exact details governing your account."}
{"_id": "5586", "title": "", "text": "the cost in general.   say it's the same 4mi drive (starting and finish)  Uber: $10  Lyft: $8 (before tip)  When you factor in tip, lyft is probably more   However, someone told me Uber just allowed tips recently so this is prob skewed now, but Uber still is a little more.   However, Uber has gotten more competitive lately (i feel) b/c Lyft is growing like crazy here (Dallas)."}
{"_id": "5587", "title": "", "text": "Source on GOV.UK You may be able to get tax back for some of the bills you have to pay because you have to work at home on a regular basis. You can only claim for things to do with your work, eg business telephone calls or the extra cost of gas and electricity for your work area. You can\u2019t claim for things that you use for both private and business use, eg rent or broadband access. You don\u2019t need to provide records for claims of up to \u00a34 per week (\u00a318 per month). For claims over \u00a34 per week you\u2019ll need to provide evidence of what you\u2019ve spent. Claims up to \u00a32,500   You must claim using a Self Assessment tax return if you already fill one in. If you don\u2019t already fill in a Self Assessment tax return, and your allowable expenses are under \u00a32,500 for the tax year, fill in form P87 and send it to the address on the form. If you\u2019ve made a successful claim in a previous tax year and your expenses are less than \u00a31,000 (or \u00a32,500 for professional fees and subscriptions), you may be able to make your claim by phone. Claims over \u00a32,500   You must claim using a Self Assessment tax return."}
{"_id": "5591", "title": "", "text": "\"i deleted my comment that this was a reply to so I'll repost it.  It was:   >I don't know the answer, but I'm pretty sure this is incorrect.  You have to take into account the correlations of the securities across the three different markets.  It's definitely not as simple as dividing by three.  The reason why I don't think this is correct is because you can imagine an exchange in which there is only one other security, and the asset in question is perfectly correlated and therefore has a beta of 1.  You could then have a different exchange with thousands of securities where the asset has a beta of 0.3.  The  simple average method would produce a beta of .65, when it's probably true that the correct answer is closer to 0.3.  The solution is not generalizable so I don't think it can be right. It neglects the relative sizes of the exchanges and the correlation of the underlying assets with each other.  Which leads me to consider, perhaps the right thing to do is to calculate the returns across all three exchanges and the returns of the asset on all three exchanges, do a weighted average and use that variance/covariance to calculate the beta across all three exchanges.  I'm not sure what purpose, practically, such a beta would serve.  I think the correct answer is to take the beta of the asset with respect to the largest (most diversified) exchange.  Ultimately, using a basket of securities like the S&P 500 is just a proxy for \"\"the market\"\", whatever that means.  It doesn't truly represent the realm of possibilities for the diversified investor, but it's close enough  tl,dr: I say pick one exchange and go with it\""}
{"_id": "5592", "title": "", "text": "As a customer I have proof of this happening. I'm an IT manager and have major fluctuations in invoices (of over 60% price changes) that I've had to battle CenturyLink to correct the price. Is there somewhere I can share this with to help the case? Caused about 4 months worth of headaches due to CenturyLink and this would remedy that."}
{"_id": "5602", "title": "", "text": "You're losing money. And a lot of it. Consider this: the inflation is 2-4% a year (officially, depending on your spending pattern your own rate might be quite higher). You earn about 1/2%. I.e.: You're losing 3% a year. Guaranteed. You can do much better without any additional risk. 0.1% on savings account? Why not 0.9%? On-line savings account (Ally, CapitalOne-360, American Express, E*Trade, etc) give much higher rates than what you have. Current Ally rates are 0.9% on a regular savings account. 9 times more than what you have, with no additional risk: its a FDIC insured deposit. You can get a slightly higher rate with CDs (0.97% at the same bank for 12 months deposit). IRA - why is it in CD's? Its the longest term investment you have, that's where you can and should take risks, to maximize your compounding returns. Not doing that is actually more risky to you because you're guaranteeing compounding loss, of the said 3% a year. On average, more volatile stock investments have shown to be not losing money over periods of decades, even if they do lose money over shorter periods. Rental - if you can buy a property that you would pay the same amount of money for as for a comparable rental - you should definitely buy. Your debt will be secured by the property, and since you're paying the same amount or less - you're earning the equity. There's no risk here, just benefits, which again you chose to forgo. In the worst case if you default and walk away from the property you lost exactly (or less) what you would have paid for a rental anyway. 14 years old car may be cheaper than 4 years old to buy, but consider the maintenance, licensing and repairs - will it not some up to more than the difference? In my experience - it is likely to. Bottom line - you think you're risk averse, but you're exactly the opposite of that."}
{"_id": "5607", "title": "", "text": "\"Here is how the Visa network works: A Visa transaction is a carefully orchestrated process. When a Visa   account holder uses a Visa card to buy a pair of shoes, it\u2019s actually   the acquirer \u2014 the merchant\u2019s bank \u2014 that reimburses the merchant for   the shoes. Then, the issuer \u2014 the account holder\u2019s bank \u2014 reimburses   the acquirer, usually within 24 to 48 hours. Lastly, the issuer   collects from the account holder by withdrawing funds from the account   holder\u2019s bank account if a debit account is used, or through billing   if a credit account is used. I read this to mean the Merchant's Bank (the Acquirer Bank) gives the merchant the money within 2 days via the Card Issuer's Bank. The issuing bank is the one that provides the \"\"credit\"\" feature since that bank won't get reimbursed until the shopper's bill is paid (or perhaps even longer if the shopper carries a balance). You'll notice the Credit Card company (Visa/MC/etc) is only involved in the process as a way of passing messages. Of course they take a fee for this service so seller ultimately get's less than the buyer bought the shoes for.\""}
{"_id": "5644", "title": "", "text": "\"Your instructor's numbers do not seem to have any basis in current reality. At this page you can see a comparison of interest rates offered by banks and credit unions.  In the most recent table for June 2014, banks paid an average interest rate of 0.12 percent on savings accounts, while credit unions paid an average of 0.13 percent.   If you look back further, you will see that interest rates paid by banks and credit unions are generally comparable.  Credit union rates tend to be a little bit higher, but certainly not 7 times higher. The last time any financial institution paid as much as 15% on a savings account would probably be the early 1980s.  You can see here a historical chart of the \"\"prime rate\"\" for lending.  Savings account rates (at either banks or credit unions) would typically be lower. (This is based on the US, in accordance with your tag.  Interest rates in other places, especially developing countries with less stable currencies, can be dramatically different.)\""}
{"_id": "5649", "title": "", "text": "\"For customer accounts that you have with a merchant, normally a positive balance in the account is what you owe the merchant. When you have a credit on the account or a negative balance, it usually means that it is an amount that the merchant owes you. This could be because you paid too much, or perhaps it is because the merchant is giving you a refund for some reason.  However, it is always a possibility that this particular merchant is not using the terminology in the conventional way. If you aren't sure, the best thing to do is to ask the merchant directly by contacting their customer service department.  Just judging from the screenshot you posted, it looks to me like they owe you some money. I suggest you click the \"\"Statement\"\" button; it looks like that will generate some type of statement that will instruct the merchant to send you a refund. But that is only a guess. Their customer service should be able to tell you what to do.\""}
{"_id": "5657", "title": "", "text": "Your home (the one you live in) is not an investment. Its an expense/liability/asset, but its something you pay for to use, not invest to grow."}
{"_id": "5658", "title": "", "text": "Surprisingly accurate. Are you in the industry? I usually see wildly incorrect info about processing online. (I work in processing.)  Only part not quite correct:   >At the end of the day, week, whatever, the processor collects money from the issuing financial institution and is responsible for giving the right amount -- less fees -- to the merchant.  The acquiring bank/processor actually fronts money to the merchant (typically within 1-2 days.) The issuing bank later reimburses the acquiring bank/processor, less interchange fees. The processor then deducts the interchange fee amount and their markup from the merchant's account, making themselves whole from the original money fronting and getting their profit.  That's why there's risk to processors when it comes to chargebacks. If a transaction is fraudulent, the issuing bank isn't going to give them money for it, but they've already given money to the merchant. So they need to be able to recoup it from the merchant or they'll be out that money.  But yeah, definitely a service, and it's odd that people often argue that it isn't."}
{"_id": "5660", "title": "", "text": "\"The raw question is as follows:  \"\"You will be recommending a purposed portfolio to an investment committee (my class). The committee runs a foundation that has an asset base of $4,000,000. The foundations' dual mandates are to (a) preserve capital and (b) to fund $200,000 worth of scholarships. The foundation has a third objective, which is to grow its asset base over time.\"\"   The rest of the assignment lays out the format and headings for the sections of the presentation.  Thanks, by the way - it's an 8 week accelerated course and I've been out sick for two weeks. I've been trying to teach myself this stuff, including the excel calculations for the past few weeks.\""}
{"_id": "5665", "title": "", "text": "\"If a quantum computer could solve any cryptological problem instantly it would be very disruptive technology with no societal payoff. It seems pretty obvious to me that the only reason that is getting a lot of research money is very much like the race for nuclear war superiority \u2013 if \"\"they\"\" get it first  it could be disastrous. In any event, the article was pretty boring \u2013 quantum computers may work differently, if at all, from existing ones. I think I already knew that.\""}
{"_id": "5667", "title": "", "text": "R with RStudio is pretty damn easy to install/run, especially on Linux/Unix (includes OSX).  The environment is great - it gives you package management, charts, documentation, a workspace browser, etc..., all in one.  RStudio Server is also ridiculous - you set up a server that allows you to connect remotely, and gives you a full IDE in your web browser, allowing you to run scripts on your home server, analyse datasets, etc..., all done remotely.    Not sure about Python, but I doubt it has all the packages that R has.  It also has a fragmentation problem (Python 2 vs. Python 3, Cython vs PyPy, etc...).    I like R's very data-oriented nature (all values are vectors), and R can be very quick if you use it idiomatically (as opposed to writing Python in R).  R also has libraries for machine learning, neural networks, clustering, etc..., anything you could want.  And if I were to use another language for algorithms, it would be C++ anyway.    But anyhow, as a basic tool for gathering info and creating charts, R is great.  A few very easy one-liners get you a lot of data very quickly.  I mean, you learn it in stats class in university, no programming skills required.  And if you do want to go deeper, learning it isn't that hard..."}
{"_id": "5668", "title": "", "text": "I'd put as much of it as possible into an ISA that pays a decent amount of interest so you get the benefit of the money accruing interest tax free. For the rest, I'd shop around for notice accounts, but would also keep an eye out for no-notice accounts. The latter might be beneficial if you expect interest rates to rise and are willing to shop around and move the money into accounts paying better interest every few months. Just make sure you're also factoring in the loss of interest when moving the money. You could look into fixed term savings bonds but I don't think they currently pay enough to make it worthwhile locking away your money."}
{"_id": "5670", "title": "", "text": "Fortunately labour costs in China have been increasing at 15% per year for a lot of years now and it\u2019s rare (ie: only the most extremely labour heavy industries) that can justify a new move / setup to China purely on the basis of lower labor costs (there is a lot of expertise and deep manufacturing chain advantages to contend with though).  The biggest threat in the decade ahead is automation - and it\u2019s adoption is accelerating unbelievably fast."}
{"_id": "5673", "title": "", "text": "\"I wrote a spreadsheet (<< it may not be obvious - this is a link to pull down the spreadsheet) a while back that might help you. You can start by putting your current salary next to your age, adjust the percent of income saved (14% for you) and put in the current total.  The sheet basically shows that if one saves 15% from day one of working and averages an 8% return, they are on track to save over 20X their final income, and at the 4% withdrawal rate, will replace 80% of their income. (Remember, if they save 15% and at retirement the 7.65% FICA /medicare goes away, so it's 100% of what they had anyway.) For what it's worth, a 10% average return drops what you need to save down to 9%. I say to a young person - try to start at 15%. Better that when you're 40, you realize you're well ahead of schedule and can relax a bit, than to assume that 8-9% is enough to save and find you need a large increase to catch up.  To answer specifically here - there are those who concluded that 4% is a safe withdrawal rate, so by targeting 20X your final income as retirement savings, you'll be able to retire well.  Retirement spending needs are not the same for everyone. When I cite an 80% replacement rate, it's a guess, a rule of thumb that many point out is flawed. The 'real' number is your true spending need, which of course can be far higher or lower. The younger investor is going to have a far tougher time guessing this number than someone a decade away from retiring. The 80% is just a target to get started, it should shift to the real number in your 40s or 50s as that number becomes clear.  Next, I see my original answer didn't address Social Security benefits. The benefit isn't linear, a lower wage earner can see a benefit of as much as 50% of what they earned each year while a very high earner would see far less as the benefit has a maximum. A $90k earner will see 30% or less. The social security site does a great job of giving you your projected benefit, and you can adjust target savings accordingly.  2016 update - the prior 20 years returned 8.18% CAGR. Considering there were 2 crashes one of which was called a mini-depression, 8.18% is pretty remarkable. For what it's worth, my adult investing life started in 1984, and I've seen a CAGR of 10.90%. For forecasting purposes, I think 8% long term is a conservative number.  To answer member \"\"doobop\"\" comment - the 10 years from 2006-2015 had a CAGR of 7.29%. Time has a way of averaging that lost decade, the 00's, to a more reasonable number.\""}
{"_id": "5685", "title": "", "text": "A consortium of investment banks go on a road show to their clients to see who's interested at which price in the IPO. The arrange this price through various financial models to determine the market value of the company.  The banks price the offering deliberately low to ensure a pop on the open of trading to send a positive signal to the market. This is their story at least, IPOs mispriced on the low side result in less money for the company making the offering.  I think a better way to perform an IPO is the way google did the theirs; a reverse auction. This is the same way the treasury sells bonds and definitely would put more money in the companies and less in the banks. Unfortunately the banks don't love the idea and you need a lot of clout to get them to change their minds."}
{"_id": "5706", "title": "", "text": "You're exactly right and I agree with you completely.  Just to add, another important fact is that autos simply don't represent as large or sticky of an asset on peoples' personal balance sheets. A house often represents a significant leverage on income, but cars are a fraction of the price, significantly more liquid, and purchased with the expectation of depreciation so there's much less incentive to over leverage (as opposed to buying a house and reselling when the market rises). All of these aspects naturally limit the amount of damage that a broad auto loan default could have and limits the autocorrelation of the default of one loan to another.  I think people just liked the movie too much and are searching for the next *big short*."}
{"_id": "5710", "title": "", "text": "\"As Michael Pryor answered, a bond fund is a mutual fund that invests in bonds. I'd also consider an ETF based on bonds to be a bond fund, but I'm not sure that all investors would consider these as \"\"bond funds\"\". Not all bond funds are the same -- just like stock funds. You can classify bond funds based on the issuer of the bonds: You can also classify funds based on the time to maturity: In general, bond funds have lower risk and lower expected return than stock funds. Sometimes bond funds have price movements that are not tightly correlated to the price movements in the equity markets. This can make them a decent hedge against declines in your equity investments. See Michal Pryor's answer for some info on how you can get tax free treatment for your bond fund investments.\""}
{"_id": "5715", "title": "", "text": "Credit cards have two revenue streams: So yes, the are making money from your daily use of the card."}
{"_id": "5728", "title": "", "text": "\"Construction loans are typically short term that then get rolled into conventional mortgages at the end of the construction period. Since the actual construction loan is short term, you cannot combine it with a long-term land loan as well. You could do the two separate loans up front to buy the land and finance the construction, then at the end roll both into a conventional mortgage to close out the land and construction loans. This option will only work if you do all three through the same lender. Trying to engage various lenders will require a whole new refinance process, which I very much doubt you would want to go through. These are sometimes called combo loans, since they aggregate several different loan products in one \"\"transaction.\"\" Not a lot of places do land loans, so I would suggest first find a lender that will give you a land loan and set an appoint with a loan representative. Explain what you are trying to do and see what they can offer you. You might have better luck with credit unions as well instead of traditional banks.\""}
{"_id": "5733", "title": "", "text": "Are you just turning in applications? Are you cold calling/emailing and trying to get a hold of managers and finding out about positions? Have you sent any cover letters to people?   Also, does your resume look aesthetically pleasing and is well organized? Are your skills highlighted well?  I feel like it can be pretty tough to get a job if you didn't get one right out of school."}
{"_id": "5744", "title": "", "text": "\"I have a friend who had went on a seminar with FortuneBuilders (the company that has Than Merrill as CEO). He told me that one of the things taught in that seminar was how to find funding for the property that you want to flip. One of the things he mentioned was that there are so-called \"\"hard money\"\" lenders who are willing to lend you the money for the property in exchange for getting their name on the property title. Last time I checked it looked like here in Florida we had at least Bridgewell Capital and Fairview Commercial Lending that were in that business. These hard money lenders get their investment back when the house is sold. So there is some underlying expectation that the house can be sold with some profit (to reimburse both the lender and you for your work). That friend of mine did tell me that he had flipped a house once but that he did not receive the funding to that from a lender but from an in-law, however it was through a similar arrangement.\""}
{"_id": "5747", "title": "", "text": "I have done this for years and have been quite successful at it. Two reason I even need to do this - desire to pay for engagement ring and pay for 150 person wedding without using my nest-egg/savings.  You need to keep a document that details when the free APRs run out, and you need to setup automatic payments of the minimum balance from your checking account so you ensure you do not miss a payment.  You need to understand when you are going to need to make big purchases of homes/apartments/cars so that you can ensure you aren't doing this right before your credit score is being checked (Need to leave 12 months without opening new accounts before doing this).  I have been able to finance about $60,000 worth of unsecured debt paying between 3-5% interest per year. We have an unsecured credit line with Citibank that charges 14% and is capped at $10,000, and Discover Personal Loans charge around 14% as well (in pre-paid interest!).  I would say, all things considering, that this is a great deal if you don't have a secured line of credit with a low interest rate.  It is something, however, that if you aren't diligent can get away from you. From my experience I would rather pay a small amount of interest while allowing my savings and retirement to grow interest (hopefully greater than 3-5%) than pay the huge expense and start from zero. But if you miss a single payment on a 0 APR balance transfer they charge you all back interest concessions plus charge you a penalty rate.  Like many of the other posts, you need discipline to make this work."}
{"_id": "5748", "title": "", "text": "\"Presumably it means they're paying with normal money rather than paying with stock. Shareholders will receive money rather than any shares of AMZN when the deal goes through.   \"\"Cash\"\" doesn't necessarily mean \"\"currency\"\" a la bills and coins. When you have money in your brokerage that isn't tied up in a security, for example, you're holding \"\"cash\"\" even though you don't physically have \"\"currency\"\".\""}
{"_id": "5759", "title": "", "text": "At 5%, this means you expect rents to double every 14 years. I bought a condo style apartment 28 years ago, (sold a while back, by the way) and recently saw the going rate for rents has moved up from $525 to $750, after all this time. The rent hasn't increased four fold.  If rents appear to be too low compared to the cost of buying the house, people tend to prefer to rent. On the flip side, if the rent can cover a mortgage and then some, there's strong motivation to buy, if not by the renters, then by investors who seek a high return from renting those houses, thereby pushing the price up.  The price to rent ratio isn't fixed, it depends in part on interest rates, consumer sentiment, and banks willingness to lend. Similar to stock's P/E, there can be quite a range, but too far in either direction is a sign a correction is due."}
{"_id": "5762", "title": "", "text": "\"I believe you have to file a tax return, because state tax refund is considered income effectively connected with US trade or business, and the 1040NR instructions section \"\"Who Must File\"\" includes people who were engaged in trade or business in the US and had a gross income. You won't end up having to pay any taxes as the income is less than your personal exemption of $4050.\""}
{"_id": "5763", "title": "", "text": "There is no distribution limit.  Even if you distributed more than your medical expenses, the excess would be taxed and penalized, but it would still be distributed, and the penalty would be based on the amount that wasn't for medical expenses, regardless of the total amount."}
{"_id": "5765", "title": "", "text": "\"And? What's the big deal? For the people who are upset about Netflix not having the Star Wars content, those are more than likely big fans of Star Wars, and said fans, if they consider themselves to big a big Star Wars fan, already own the old and most recent Star Wars movies. Watch, people are going to down vote my post, and it will be from those will most likely are a fan but don't own a copy of the movies or will say, \"\"Why should I have to buy them in order to watch them? I should be able to stream them whenever I want.\"\" Think of the price of buying the movie, let's say $20. You can watch it over and over again. With watching it via stream, you'll have to pay between $15-$20 a month in order to watch it.\""}
{"_id": "5778", "title": "", "text": "IRA is an account. You can open as many as you want. What's limited is the contributions: you cannot deposit to the IRA (all of them combined) more than what you've earned during the year, or $5500 (for 2013), the lowest. There are also limits on how much you can deduct, depending on your income and availability of other retirement programs at your work. You can open as many IRAs as you want in your child's name, but if your child had only earned $500 this year - that's how much you can put in these accounts. Your wife and you share the earned income limit, so if your wife is not working, you can still contribute to the IRA in her name, based on your own earnings (i.e.: if you earned more than $11000 - you can contribute the maximum $5500 for each of you). The limits are for all the IRA combined, doesn't matter how many accounts you have, and how many of them are Roth."}
{"_id": "5802", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://ftp.iza.org/dp10969.pdf) reduced by 99%. (I'm a bot) ***** &gt; As Figure 2 shows, the illegitimacy ratio has varied substantially over the last 200 years in 6 Although illegitimacy is not the same as out-of-wedlock birth in all societies, we use these terms interchangeably, which is in line with the interpretation of illegitimacy in 19th century Austria.  &gt; 4 Illegitimacy beyond animal husbandry: The origin of a cultural norm 4.1 Linking historical animal husbandry to illegitimacy today Our main hypothesis is that the historic agricultural structure has formed a cultural norm in relation to illegitimacy that persists until today.  &gt; Workers Mean Illegitimacy Illegitimacy ratio in 1900 Illegitimacy ratio today Main variables Ratio: cattle to agri.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zlwko/iza_economic_origins_of_cultural_norms_the_case/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~208370 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **illegitimacy**^#1 **ratio**^#2 **agricultural**^#3 **historical**^#4 **birth**^#5\""}
{"_id": "5803", "title": "", "text": "I've seen self-service turnstiles on a Lufthansa flight in Frankfurt. There were employees around though, even if everybody was scanning their own boarding pass (I remember because the machine printed a seat reassignment note for me after scanning the boarding pass and I was surprised by that)."}
{"_id": "5827", "title": "", "text": "Let's say I have two loans (say 2 car loans), and the high interest loan has a higher balance.  Both have a monthly payment of, say, $500. My income fluctuates a lot, so occasionally I only have $750.  I get hit with big fees those months, or maybe I just have to eat beans for those months.  I come on some extra money.  Maybe enough to get rid of the low interest small loan. Paying off the smaller loan frees up cash.  I don't have to eat beans on the bad months."}
{"_id": "5836", "title": "", "text": "\"As a woman who was once married to someone who worked offshore in the North Sea, in the Gulf of Mexico, off the coast of Nova Scotia, in fact all over the world...and my husband's rig was contracted through Exxon (by the way, Exxon contracts rigs, but doesn't own any), this is most certainly a scam.  Even if you do not believe all the above information, I will tell you this.  Offshore oil companies will either have schedules consisting of two weeks on/two weeks off or one month on/one month off.  If he is in the Gulf of Mexico, it is almost certainly two weeks on/two off.  Which means this \"\"person\"\" who is your \"\"friend\"\" is lying to you, because contract or not, no employer holds any employee on the rig for an entire year.  In addition, he can leave the rig anytime he wants to, due to a personal emergency.  And no, once a paycheck is deposited in an employee's account, they cannot take it back.  LOL!! I would like to see them try!!  Don't do this.  It will only cause you heartbreak.  And since all of the posters recommending that you NOT fall for this POS line of bull have nothing to gain, guess who is telling the truth?  It's not your \"\"FRIEND\"\"!\""}
{"_id": "5837", "title": "", "text": "\"Yes, CDOs certainly allow the investor to choose the tranche they want to invest in. As you said, lower risk higher priority tranches get paid first but also have a lower coupon rate. The higher risk lower priority (\"\"junior\"\" or \"\"mezzanine\"\") tranches pay last, if it all, but have higher coupons.\""}
{"_id": "5838", "title": "", "text": "\"I'm not sure what the situation is in Canada, but in the US, the IRS does not look kindly on people overvaluing donations of used goods. The rule is obviously abused quite a bit, but that doesn't mean it's legal! Different used books have different values, usually depending on supply and demand, and there are online databases that make it easy to check the value of a book using a barcode scanner. If you took a book to a used bookstore and they didn't want to buy it, that's because supply greatly exceeds demand... it might be last year's bestseller, for example. In this situation, donating the book to charity and claiming that the book is \"\"worth\"\" more than it's actually worth is really nothing more than cheating on your taxes. You may or may not get caught, but it's certainly not the intent of any tax code to give people a break on their taxes for donating worthless books to a charity which will inevitably just have to recycle or shred them.\""}
{"_id": "5840", "title": "", "text": "One thing to look into is if there is an extra fee for covering a spouse under you plan, if she is covered under her own employer's plan.  I know that my wife's company charges around $100-$200 a year if I was to be covered under her plan, since I am eligible for the coverage where I work. As far as tax issues, there shouldn't be any.  I think the choice comes down to the coverage offered by both plans."}
{"_id": "5846", "title": "", "text": "\"I think JB King's answer is interesting from the point of view of \"\"is this good for me\"\" but the OP's question boils down to \"\"why would a company do this?\"\" The company buys back shares when it thinks it will better position the company financially. A Simple Scenario: If Company A wants to open a new store, for example, they need to buy the land, build the store, stock it, etc, etc and this all costs money.  The company can get a loan, use accrued capital, or raise new capital by issuing new stock.  Each method has benefits and drawbacks. One of the drawbacks of issuing new stock is that it dilutes the existing stock's value.  Previously, total company profits were split between x shares.  Now the profits are shared between x+y shares, where y is the number of new shares issued to raise the capital. This normally drives the price of the stock down, since the expected future dividends per stock have decreased. Now the company has a problem: the next time they go to raise money by issuing stock, they will have to issue MORE shares to get the same value - leading to more dilution.  To break out of this cycle, the company can buy back shares periodically.  When the company feels the the stock is sufficiently undervalued, it buys some back.  Now the profits are shared with a smaller pool, and the stock price goes up, and the next time Company A needs to raise capital, it can issue stock. So it probably has little to do with rewarding shareholders, and more to do with lowering the \"\"cost of capital\"\" for the company in the future.\""}
{"_id": "5856", "title": "", "text": "\"Although banks do not have to honor checks that are more than six months old, they often do. Limit Noted on Check. Many large corporations put the length of time that a check is valid on the face of their checks. For example, a check may state, Valid for 90 days from this date\"\" or \"\"Not valid after 180 days.\"\"\""}
{"_id": "5860", "title": "", "text": "\"The whole process was so absurd though.   They asked me to scan and submit my ID (which I did). Then they told me they couldn't accept it because it wasn't real and was \"\"obviously downloaded from the internet.\"\" (lolwut.) I've never been so casually accused of identity theft before- that was interesting. So I took a picture of me holding the ID and sent that instead. Susan (the woman I was speaking with (dunno why I still remember that name)) said for \"\"security reasons\"\" I would have to wait three months and try again.   Three months later they didn't even ask for ID.\""}
{"_id": "5861", "title": "", "text": "You're acting like there are still considerably fewer people in the world, the globalist haven't forced us to compete with shitty employers round the world, and that the inefficiencies of your local producer has any hope of making quality items cheaply."}
{"_id": "5862", "title": "", "text": "An animation video maker creates animation by using computer software. Animation firms use industry standard software that has supporting platforms Windows, Linux, and Mac OS. Ideally, the software must be intuitive providing a wide range of texturing and lighting. It must also have post processing functionality."}
{"_id": "5875", "title": "", "text": "quantycuenta is right, if a halt is in place, then no trading will occur, simple as that. But in the practice of risk management it is a little different. Want to remind you that you are assuming that trading is halted immediately upon the drop in price. That doesn't always happen, so if there is any time between the actual price drop and halt of trading, then it is possible that your order will be filled, depending on how liquid your security is. Also not every security has circuit breakers in place and the exact requirements to trigger a breaker is not public information.  In some cases, trades are ordered to be rolled back (reversed) by the exchange but this is usually reserved for institutional traders who make some sort of mistake.  This article below mentions day traders who bought at or near the bottom of the May 6, 2010 flash crash. This was before circuit breakers but I think it's a good story for someone looking to understand the finer workings of the electronic market.  http://www.marketwatch.com/story/book-takes-a-look-inside-professional-day-traders-1339513989350"}
{"_id": "5882", "title": "", "text": "&gt; Theoretically you'd expect the exchange rate to move against you enough to make this a bad investment.   Actually, the theoretical and intentional expectation is that the currency with the highest interest rate should appreciate even more.  Canada has traditionally offered an interest rate premium over the US specifically to help the strength of its currency and attract capital to stay there.  &gt; In reality this doesn't happen  Because carry trades/fx have so little margin requirements, and so many speculators on one side of the trade, there is a significant short squeeze risk any time there is a de-risking shock to the economy.  Any unwinding impulse, scares other carry trade participants to unwind, and then forces many more to unwind."}
{"_id": "5901", "title": "", "text": "That's not how dota works, though. People have been playing the same game (with regular major updates) for almost a decade now.    Many players retire to become commentators/coaches/streamers/other important parts of the scene and earn a living that way.  Sure, there are more lucrative jobs out there, but if he's passionate about it and can make a career out of it, what's the problem?"}
{"_id": "5931", "title": "", "text": "The problem is that these commercial GPS have cut corners to save $$ in each unit by not insulating the sensors correctly to filter out frequencies outside the allocated spectrum. As a result they are capable of receiving signals from other frequencies such as the one used by LightSquared."}
{"_id": "5934", "title": "", "text": "The car has software that will automatically plot a route using chargers, manage charging times and notify you via a phone app when the car has charged enough to continue your route.  Also, most superchargers are located next to a restaurant or thing to do while the car charges. Most of the US is already covered by the by network this year, but next year the network will triple in charging stations.   It's really much better than it seems, unless you are constantly driving very long distances. In my five years of Tesla ownership I have never had a problem driving between California and Texas."}
{"_id": "5940", "title": "", "text": "\"Yes, your privacy is invaded, that's the law in many jurisdictions. The goal is to make money laundering and financing Evil Things harder. That's why banks are required to request proof for every money transfer larger than a specific sum. This is only a minor issue most of the time. You will have some kind of agreement with that Money Management company and this agreement (or a copy of it) will serve as a proof of your lawful reason to transfer money. It works just like that - you get to the bank and say you want to initiate a money transfer, the clerk asks you to show the \"\"proof\"\", you give them your agreement or a bill that requests you to pay or whatever else document you may have that proves that you're bound by some kind of contract with the recipient of money. The clerk then makes a copy of the \"\"proof\"\" and it stays in the bank to back the transfer until it is completed. The copy is then stored for some time and later destroyed - that's up to how the bank handles documents.\""}
{"_id": "5945", "title": "", "text": "To get out of the shithole mess that republicans created.. i.e. Economic Depression .. 3 wars..  But I see Your Username checks out so I'm not surprised ..Stop living in the fantasy world comrade.  Being an ignorant confused putts is not a good look.  I welcome you to join us grow ups in reality"}
{"_id": "5948", "title": "", "text": "An old buddy of mine used to trade penny's and supposedly made a killing. Was taking trips all over the country, bought a place at the beach, always had NBA tickets to the best games. Later found out that he was actually selling drugs instead and was basically making nothing on the penny stock trading."}
{"_id": "5953", "title": "", "text": "The answer depends on how much you spend every month. The DTI is calculated using the minimum payment on the balance owed on your card.  Credit card minimum payments are ridiculous, often being only $50 for balances of a couple thousand dollars. In any case, when you get preapproved, the lender will tell you (based on your DTI) the maximum amount they will approve you for. If your minimum payment is $50, that's another $50 that could go towards your mortgage, which could mean an additional $10,000 financed. It's up to you to decide if $10,000 will make enough of a difference in the houses you look at."}
{"_id": "5975", "title": "", "text": "\"As a buyer, one of the easiest ways to save on closing costs is to avoid title insurance.  This will only apply if you are a cash buyer, as a mortgage writer will typically require title insurance.   It is also one of the most ill-advised ways to save money.  You need title insurance.   For the most part, there is really no way to truly save on closing costs.  Wrapping costs into a loan, saving on interest or taxes through timing don't truly save money.  Sometimes you can obtain discounts on closing by using an targeted lender, but that may cost you in higher interest rates.   By paying points on your loan, you may increase your costs at closing in order to save money on interest paid.   Certainly you can't discount required, government imposed fees (like doc stamps).   You may be able to shop around and find a bit lower fees for appraisal, credit reports, title company fees, and title insurance.  However, that is a lot of work for not a lot of return.  Title companies seem to be pretty tight lipped about their fees.   The best yield of your time is to get the other party in the transaction to pay your costs.  The market or local tradition may not allow this.  An additional way to lower your costs is to ask the realtors involved to discount their commissions.  However, they could always say \"\"no\"\".   The bottom line is transacting real estate is very expensive.\""}
{"_id": "5978", "title": "", "text": "\"Welcome to Audating Sites. We are the best dating service provider company, which is located in Australia. We provide the best dating service in the Australia from previous many years. If you are looking for Escapade with men or women, then \"\"Audating Sites\"\" is the best platform for you. To get started and let's look at the best dating sites for men and women. The right online dating site for you as it is to choose the person you want to be known in the online world.\""}
{"_id": "5981", "title": "", "text": "\"&gt;these jobs aren't meant for adults with families.  Says who?  You?  Society?  Just because people _think_ that's how it should be doesn't make it correct.  A job is a job.  Yes, it's requires less skill to work at Subway than most jobs but that doesn't mean you should be be forced to live below poverty because you have that job.  They shouldn't be making surgeon wages, but no one is arguing for that.  People want to live like a human being.  They want to pay their heat bill so they're not freezing in the winter.  &gt;They're part time, no-responsibility positions that pay beer money  Want to know why?  Because companies choose that.  They could easily cut their employees by a third, pay a livable wage and full time status to the remaining employees and STILL grow/expand and hire back the people they cut.    Aldi's isn't doing bad.  Costco is doing pretty well.  QuikTrip is growing like a weed.  All these places are \"\"beer money jobs for teens and students\"\" yet they've found success in paying actual, livable money to their employees.    People think that if companies raise their wages they'll go bankrupt and they've done a good job convincing everyone that.  It's been shown that [raising the minimum wage doesn't affect employment](http://www.cepr.net/documents/publications/min-wage-2013-02.pdf).  If anything it helps because less turnover = more efficiency = more money for the company.    TL:DR Ya'll motherfuckers need empathy.\""}
{"_id": "6004", "title": "", "text": "It's not. If you look at the page you link to and change dates, it's clear the rate changes a bit. 120.15 120.1 per hundred. The Swiss can keep the 1.200 as a target and if it's higher, sell agingst the euro to bring it down, if lower, buy. If the swiss experienced a serious financial crisis and their currency fell, they may not have the power to control it, if the rest of the world said it was worth less, you can be sure it will fall."}
{"_id": "6024", "title": "", "text": "&gt; can't afford to put the devices through all the relevant testing to get it FDA approved.  That testing is there for a reason, you know.   &gt; There are thousands of people who ave these implants without any issues, and similar chips have been injected into **millions of pets** all over the world.  Is this an ironic way to argue against this idea? Pet issues aside, do you really want your employer to move one step closer to treating you like an animal?"}
{"_id": "6027", "title": "", "text": "\"Someone is certainly having a slow day at work. Let's read off some of Mr. Ben Cohen's fine points.  * Personal responsibility is a dog-whistle for hating the poor. * People paying for their own services is greedy. * People forcing others to pay for their own services is generous. * If the government doesn't do healthcare, literally nobody can. * Mike Pence doesn't like abortions.  And, let's end by using \"\"white man\"\" as an insult.  This is what passes for journalism?\""}
{"_id": "6029", "title": "", "text": "If it was me I would want to go with the state I am moving too. I'm not familiar with business law too much as I'm only a law student right now but I would guess it's a safer bet. There might be local state laws that could apply. If there are not any local regulations then they should still know all of the national regulations just the same."}
{"_id": "6036", "title": "", "text": "Insinkerator 65 is the top model in our standard range of kitchen sink disposals, offering high performance continuous feed operation and able to handle large amounts of food waste. It is good for all households and comes with 4 year parts &amp; labor guarantee."}
{"_id": "6039", "title": "", "text": "\"I will give it to you straight; in the end it's about the money. Tourists don't ride tuk tuk anymore because online they read that tuk tuk overcharge and it is better to take a taxi with meter.  So, if I was a tourist and you want me to use your service, what I would need from you is the understanding that I will not be paying more money than a taxi. You have a couple of ways of doing this: 1. Install a meter in your tuk tuk. Put a sign on the side of your tuk tuk saying \"\"This tuk tuk uses a taximeter\"\". 2. If you do not have the option for a taximeter you need to advertise your free prices. Put a sign on the side of your tuk tuk displaying your prices showing that you do not overcharge. 3. Advertise your services on TripAdvisor, different forums, etc.  Good luck!\""}
{"_id": "6047", "title": "", "text": "We have a lot of debt - at this point I don't even know how much This is your problem. Find out, and while you're at it find out how much income you have and also what your total expenditures are. You seem to be facing up to the problem, but not looking it in the eyes. You just need to take some time, and a little bravery, to get all your financial documentation together and lay it all out so you know what your situation actually is. Its not hard to do this, get a box and put all (old) bills and statements in that you can find, and at the end of a month, pick them out and write down the totals. Then work out your income and all that you've spent that month. This is known as a Statement of Affairs and there are calculators to help you. Then you can work out how much you need to pay off, and how much spare money you have to do this with. You can also start to cut down on all the really unnecessary stuff to increase your spare money that you can use to pay off the debts. Hopefully this won't take too long, and you can easily (if boringly) work the debt off over time. If it really is unsurmountable there are things you can do to help - firstly contacting your creditors and seeing what they can do to either part write off the debt, or freeze it as you pay it off (most creditors understand that if you're desperate enough to talk to them (!) then they may not see any of their debt back and are at least willing to help you pay them back). Generally though, it sounds like you are not in a total mess as you can pay it off. There are people in far worse states than you! But you really do need to be fully aware of your financial situation. Sit down and 'count your money' one lazy Sunday. There are links to help. Try the Motley Fool's guide, and its dealing with debt forum, both of which are very practical (if UK based, the Fool has a US site too, see for yourself if there's the same stuff on it, but this kind of thing tends to be fundamental to people of all nations)."}
{"_id": "6050", "title": "", "text": "This was absolutely true for me. I'm retired now. Until my last company I always got about 5% raise. When I skipped jobs the raise was usually enormous. I went:   19K 25K 30K 35K 50K 75K 85k 75K (last job sucked and this one was stupid simple at first) New company gave me steady raises to $125K and I got to do awesome work and was in complete control.   There is no way I would have gone from 19K to 125K at the same firm."}
{"_id": "6055", "title": "", "text": "TV has always been innovative, it's just that new players have emerged (mainly in Hulu and Netflix) which arguable unjustifiably threatens their position.  Hulu and Netflix are trying to eat TV/Cable's lunch while they bring nothing new to the table, essentially they are getting a free lunch off the work of the TV industry.  I don't know how/why TV became the bad guys.   I think it's mainly because people are cheap and figure they will still get high-quality programming on the internet for free.  The problem is that if TV ever goes away, say goodbye to quality programming.  The only content available on the internet will be cheap reality shows, low-budget comedies, and the occasional hollywood movie which companies like Netflix and Hulu will try to kill.  This is a lose-lose situation.  We need TV, to underestimate the value of the TV industry is a serious oversight."}
{"_id": "6068", "title": "", "text": "The buyer can get another cosigner or you can sell the car to pay off the loan. These are your only options if financing cannot be obtained independently."}
{"_id": "6069", "title": "", "text": "My first computer was nearly 20 years ago. A computer tech I knew brought home dozens of boxes of computer parts from a hospital that was replacing and upgrading. Asked me to see how many computers I could build from the parts. Didn't have any sort of computer experience at the time but I built about 16 windows 3.11 boxes from those parts. I was given a very nice motherboard with a 200 MHz processor for it. That was my first computer. I mounted it on plywood."}
{"_id": "6073", "title": "", "text": "Using your figures, a couple making $172,000 each earn enough to be in the 1%. So that is even less than I had originally stated.  I couldn't find any hard data about personal incomes in the USA since everything seems to be intertwined with household earnings, but I did for Canada. There, household income was around the same $350K mark to be in the top 1% and around the same $170,000 to be in the top 1% for personal incomes.  Given that, I think we can assume the wealth distribution is fairly close between countries, therefore I stand by my statement that a sub-$200,000 income will put in you the top 1% of earners, though you would need an equally successful partner to be in the top 1% of households."}
{"_id": "6074", "title": "", "text": "Are you out of your mind?  Federal spending has doubled since *2000*.  WWII might be the only time our government was ever bigger (and incidentally, slashing that by 75% directly preceded one of the greatest growth periods in our history).  Seriously, can you name me three programs or departments that have smaller budgets, in real dollars, in 2012 than they did in 2008?"}
{"_id": "6098", "title": "", "text": "This is what happens when reform is done through the agencies rather than legislation, it can change with a new president.   Obama's legacy is going to be that almost everything he did was reverted in Trump's first year of office.  Really the only thing that might last is Obama care and they are pushing hard to get rid of it."}
{"_id": "6103", "title": "", "text": "\"You're asking explicitly about $250K+ wage earners. Well, believe it or not, but this is the most discriminated group of people in the US tax code. This is what is called \"\"the upper middle class\"\". People who still have to work for a living, but treated as if they're rich (I don't consider people who must work to keep up their life style as rich). Many of the deductions cannot be taken by them. Lets go over the list Keith made: You mentioned losses - you cannot deduct gambling losses (in excess of gambling income), and you cannot deduct passive (rental real estate, for example) losses. While for rental real estate there's a small amount of losses you could deduct, it phases out well below the $250K line (can be deducted against passive income, or when disposed of the property). 529 plans are not deductible (in fact, its a gift subject to the gift tax). Bottom line, being a high earner with wages only means you pay the most tax. You either find a way to become self employed and have a lot of business deductions on your schedule C/1120S, or switch to capital gains. You can marry an unemployed partner, it will make your life slightly easier.\""}
{"_id": "6104", "title": "", "text": "\"You should also examine gross costs. The US per capita is paying twice what Canada does, and is getting worse results (lower life expectancy and higher infant mortality). Not exactly a bargain.  A significant part of the rate of increase in costs is likely due to the shifting demographics bulge of baby boomers aging. If you look at (these charts)[http://flatrock.org.nz/topics/money_politics_law/boom_moves_along.htm] you'll see that there's a a lot more folks in their 50's than before. And [\"\"Nearly one-third of lifetime expenditures is incurred during middle age, and nearly half during the senior years\"\"](http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1361028/).  In the report you linked \"\"The medical trend reported includes the increases in both price inflation and utilization for 2009\"\"... so it's impossible to say how much medical inflation there actual was (i.e. is the cost of a flu shot rising faster/slower than inflation). Which makes the report a bit slimy in that it compares directly against the rate of inflation.\""}
{"_id": "6106", "title": "", "text": "You can transfer the money from your bank in Russia to Cyprus by sending a Wire Transfer. You provide your account number and SWIFT code for the Cyprus account to your Russian bank and pay the associated fees on both end for it and it will be done. No need to use Bitcoin or anything too complicated. I believe you are overthinking this."}
{"_id": "6113", "title": "", "text": "I'm surprised by all the pro-credit answers here, debit has some definite advantages. Most importantly, when you pay with a credit card, the merchant pays around 3% of the transaction to the credit company. In many states, they are forced to charge you the same amount, and this is frequently toted as ''consumer protection''. But consider what this means for the business: they loose money for every credit transaction, and they're legally forbidden to do anything about it. So you're taking 3% from a business and handing it over to a massive cooperation.  To make matters worse, the buisness is inevitably going to have to raise their prices (albiet by a small amount), so in the end the average consumer has gained nothing. On the other hand, the credit card company wins big, and they use their profits to pay lobbyists and lawyers to keep these rules in place. To put in the worst possible light, it's essentially legal extortion, verging on corruption. As for the fraud protection offered, while it may be true that credit cards will offer a more hassle-free reimbursement (i.e. you just don't have to pay the bill) if your card is stolen, consumer protection laws also extend to debit: in many cases your bank is legally required to cut you a check for all the money you lost."}
{"_id": "6114", "title": "", "text": "You're getting downvoted for telling the truth. Fuck that. Hillary lost. Trump did not bring millions of voters out of the woodwork. He won with only 2,000,000 more in the popular vote than Romney lost with.  The DNC missed a golden opportunity with Sanders, and it's as much their fault Trump is President as it is unthinking populist voters.   If the Dems had halfway supported Sanders and then pushed young voters to actually get out and vote for him, you'd have a different person in the Oval Office right now.  I'm no Democrat or socialist, but I'd much rather have Bernie than the Cheeto."}
{"_id": "6140", "title": "", "text": "Yes, asset inflation is still inflation.   Economy = consumption + investment + government - net exports.   So you increase the money supply to the wealthy what happens? Not in increase in consumption, their basic needs are met so they invest it. Everyone invests their extra money, what happens? Price goes up for stock and real estate while the yield on those investments goes down. You have people buying really expensive assets with great leverage because their is no alternative. So inflation has increased, you are just to poor to notice it.   We also live on a deflationary world. Production increases while demand remains constant. So what happens? Price goes down and marginal companies go out of business. Leading to more consolidation, lower prices due to greater market share, more companies cannot compete and the cycle continues.   The only inflation comes from overseas, where you have growing economies. Here we have almost no population or wage growth, so that is deflationary ."}
{"_id": "6162", "title": "", "text": "CDS spreads represent the premium for insuring some specific bonds against a default (as defined by the ISDA). I'm not sure how you can arrive at the claim that they have little to do with the already issued debt itself, except if you were to assume that this debt is not quoted on any market. There is a direct relationship between the level of the CDS spreads and the price of debt."}
{"_id": "6163", "title": "", "text": "\"http://www.nytimes.com/2010/09/12/jobs/12search.html  \"\"Where you live and the cost of living there has only a small influence on that number, he added. (That may be a revelation to some Manhattanites.)\"\"  I can't find the source I was talking about, but that's close. There's also what kewidogg said, people gravitate to places that make them happy.\""}
{"_id": "6166", "title": "", "text": "If you are looking for that place in UK, on which you can trust and that's largest pharmacy  in the world. Now, you can get a chlamydia test at the affordable price at your home. We offer in every test of the body. As you know, the chlamydia test uses a sample of body fluid or urine to see whether chlamydia bacteria, it is present and causing an infection in our body. If you have ever tested positive. We have a large collection of medicines. We prescribe that you select our full home STI screen with the goal that we can recognize the real cause and treat you in like manner."}
{"_id": "6182", "title": "", "text": "No way, other genres have obsessive fans as adults - fantasy and sci-fi come to mind although I think things like t-shirts, mugs etc would do well for most popular films, people just don't wanna take the risk I guess.   In Japan for example the anime industry lives off of obsessive (male, usually young adult) fans."}
{"_id": "6188", "title": "", "text": "prob not the one with 22 years on the job though. Ive seen this a million times.  There always seems to be a Fran in the multitude of articles over the years about min wage or fight for 15 or unionization.  Its always some mom with 2+ kids that has been doing the same job or type for 10+ years. How can you not even be a fucking shift supervisor after 2? Manager after 5?  Because.......  They dont want that. See if Im just a dumb line worker I dont have to be responsible for jack shit. I clock in, I clock out. Done.   They might have to relocate or gasp experience change!"}
{"_id": "6205", "title": "", "text": "a quick summary of the paper's purpose, for those interested:  ECB uses a macroeconomic model to project stimulus measures on 1) households 2) firms 3) fiscal authority and 4) a monetary authority over the next 25 quarters (6 years beginning 2012)  it begins with the dynamics of households and firms: mainly, upon their interactions as consumers and suppliers, as well as various frictions that arise between countries - namely, labor and consumption rates. the monetary authority deals with basic applications i.e., the cost of money (bond issuance)  the fiscal authority is introduced for the purpose of gauging the effects of government intervention, and the correlations between the rates of government consumption (OMT) and houshold consumption (with the aim of stimulating the economy)"}
{"_id": "6207", "title": "", "text": "A competent Indian VA cost about 4-6 an hour. Realistically speaking, with that budget, nobody is going to be on the phone 8 hours a day 5 days a week. But small tasks and data entry could work. Western VAs are a much pricer but they you can find some for 200 a month. I have a biz that offers similar services, but the price you are looking for is a bit low, but I can work something out if your interested. Otherwise, it would be best to search for NYC based VA companies that have a team of indians working. But what you get is a luck of the draw."}
{"_id": "6212", "title": "", "text": "The best office and business telephone systems offered by this company come with features such as telephony, instant messaging, video conferencing and data sharing, into a single robust IP platform. The services are really affordable and customer services are simply unmatched."}
{"_id": "6217", "title": "", "text": "**Doping in Russia**  Doping in Russian sports is a significant issue. Russia has had the most (37) Olympic medals stripped for doping violations \u2013 four times the number of the second country. From 2011 to 2015, more than a thousand Russian competitors in various sports, including summer, winter, and Paralympic sports, benefited from a cover-up.  Media attention began growing in December 2014 when German broadcaster ARD reported on state-sponsored doping in Russia, comparing it to doping in East Germany.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "6245", "title": "", "text": "Your plan won't work. Working 40 hours a week at federal minimum wage (currently $7.25 / hr) for 52 weeks is an annual income of just over $15,000. Even assuming you can reliably get a return of 15% (which you definitely can't), you'd need to start with $100,000 of assets to earn this poverty income. Assuming a more reasonable 7% bumps the required assets up to over $200,000, and even then you're dead the first time you need to make withdrawals after a mistake or after a major market downturn. As a fellow math Ph.D. student, I know your pain. I, too, struggled for a while with boredom in an earlier career, but it's possible to make it work. I think the secret is to find a job that's engaging enough that your mind can't wander too much at work, and set aside some hobby time to work on interesting projects. You likely have some marketable skills that can work for you outside of academia, if you look for them, to allow you to find an interesting job. I think there's not much you can do besides trying not to get fired from your next McJob until you can find something more interesting. There's no magic money-for-nothing in the stock market."}
{"_id": "6281", "title": "", "text": "I can't speak for all business schools but only my personal experiences as a student and then working professional.   I graduated from a program ranked in the top 5 nationally and interviewed with several top companies (Intel, Ford, Sandisk, BP) right out of college before selecting the firm I began my career with.   As I've moved on to other jobs having this degree has definitely opened doors for me and landed me interviews I might not otherwise have gotten. Plus the program I was in was heavily focused on case studies which is far superior to just lectures and note taking."}
{"_id": "6292", "title": "", "text": "Just look at what happened in California. They don't get tipped any less but the problem is that there then becomes this huge gap where people aren't incentivized to work any other mildly skilled to skilled job where tips are less often and/or not as high to non-existent such as becoming a nurse or a hairstylist or plumber or electrician.   So for instance where I live theres a huge shortage of people in a lot of jobs with low to mid skills and a gigantic surplus of waiters making minimum wage + tips (where CA forces restaurant minimum wage plus tips).  Not to mention CA has stepped process to make the minimum wage $15/hr and anything worked over 8 hours becomes OT. This makes working as a server lucrative as hell compared to many other positions."}
{"_id": "6334", "title": "", "text": "There is no federal inheritance tax.  The federal estate tax, currently, exempts the first 5.49 million (US citizen spouses even avoid this).  Current law also does a stepped up basis on inherited assets which were bought with after tax money.  Example: Dad bought a house years ago for 100k.  He dies and leaves it to JJ along with other assets worth $100k (well below the federal estate tax level).  JJ sells the house for $400k which was its market value on the day dad died.  He gets to keep the entire $400k. Note: Current government wants to eliminate the estate tax AND the stepped up basis.  In above case, JJ will now have $300k gains on the house sale and will pay income tax on that!  He will end up with much less that $400k."}
{"_id": "6339", "title": "", "text": "Should I use the profit to pay down student loans or just roll it into my next house in order to have a lower mortgage amount? Calculate the amount of interest in each scenario, where the two scenarios are: Use extra cash to pay down student loans, take out a full mortgage. Use extra cash to make a big down payment on the next house, keep paying down student loans at normal rate. In both scenarios the student loan rate will  stay the same. However in the second scenario you may get a lower interest rate from making a larger down payment. So then calculate the total interest resulting from each scenario: student loan rateXremaining student loan balance=student loan interest  new mortgage rateXnew mortgage balance=mortgage interest scenario 1 interest = student loan interest+mortgage interest student loan rateXstudent loan balance = student loan interest  new mortgage rate with large down paymentXnew mortgage balance after large down payment = mortgage interest scenario 2 interest = student loan interest+mortgage interest Whichever scenario's interest is lower will save money."}
{"_id": "6341", "title": "", "text": "Most business credit cards do not report to the personal credit report unless the person pays the card late. Given that fact, any debt carried on these cards does not hurt the credit score if it is not reported. You can carry credit card debt on these cards without hurting your credit score. Just apply for business credit cards now to start building this segment of your credit."}
{"_id": "6343", "title": "", "text": "Depending on the state this might not be possible. Loans are considered contracts, and various states regulate how minors may enter into them. For example, in the state of Oregon, a minor may NOT enter into a contract without their parent being on the contract as well. So you are forced to wait until you turn 18. At that time you won't have a credit history, and to lenders that often is worse than having bad credit. I can't help with the car (other than to recommend you buy a junker for $500-$1,000 and just live with it for now), but you could certainly get a secured credit card or line of credit from your local bank. The way they are arranged is, you make a deposit of an amount of your choosing (generally at least $200 for credit cards, and $1,000 for lines of credit), and receive a revolving line with a limit of that same amount. As you use and pay on this loan, it will be reported in your credit history. If you start that now, by the time you turn 18 you will have much better options for purchasing vehicles."}
{"_id": "6344", "title": "", "text": "The conventional wisdom is that there has been little inflation which seems weird to me because it was only about ten years ago that a typical coke machine took coins and charged about 50 cents, a loaf of bread could be had for 35 cents at Aldi and gas was about $1.50 per gallon. I'm 43 and the cost for just about everything has about tripled since I was a kid. Minimum wage was $3.15 when I was a teenager. Now it's $7.25 The other day I got a bottle of Pepsi at Dunkin Donuts and the cashier didn't even blink when she told me it was $2.08"}
{"_id": "6349", "title": "", "text": "There is no universal answer here; it depends on how much risk each person is taking, how you want to define the value of the business now and in the future, how much each person's contribution is essential to creating and sustaining the business, how hard it would be to get those resources elsewhere and what they would cost... What is fair is whatever you folks agree is fair. Just make sure to get it nailed down in writing and signed by all the parties, so you don't risk someone changing their minds later."}
{"_id": "6356", "title": "", "text": "Real Estate potentially has two components of profit, the increase in value, and the ongoing returns, similar to a stock appreciating and its dividends.   It's possible to buy both badly, and in the case of stocks, there are studies that show the typical investor lags the market by many percent.  Real estate is not a homogeneous asset class. A $200K house renting for $1,000 is a far different investment than a $100K 3 family renting for $2,000 total rents. Both exist depending on the part of the country you are in.  If you simply divide the price to the rent you get either 16.7X or 4.2X. This is an oversimplification, and of course, interest rates will push these numbers in one direction or another. It's safe to say that at any given time, the ratio can help determine if home prices are too high, a bargain, or somewhere in between.  As one article suggests, the median price tracks inflation pretty closely. And I'd add, that median home prices would track median income long term.  To circle back, yes, real estate can be a good investment if you buy right, find good tenants, and are willing to put in the time.  Note: Buying to rent and buying to live in are not always the same economic decision. The home buyer will very often buy a larger house than they should, and turn their own 'profit' into a loss. e.g. A buyer who would otherwise be advised to buy the $150K house instead of renting is talked into a bigger house by the real estate agent, the bank, the spouse. The extra cost of the $225K house is the 1/3 more cost of repair, utilities, interest, etc. It's identical to needing a 1000 sq ft apartment, but grabbing one that's 1500 sq ft for the view."}
{"_id": "6363", "title": "", "text": "\"This might sound harsh, but the first thing I would suggest is to stop making excuses.  I wasn't able to continue due to pressure from college and family The college I went to was horrible. Employers can very easily hire foreign work-force for   very cheap; for example as a citizen if I work $10 an hour, they can   get someone from outside to work for $5 per hour There's no guarantee that the project will succeed. I cannot really work and at the same time develop software on my free   time.  Despite my failures in the past, I was not the main person that's   responsible for those failures. Even if all of this is true, it's not helping you move forward and it seems to be getting in the way of creating a good action plan and motivating yourself to succeed. If you believe (based on past experiences) that you are doomed to fail, then you are indeed doomed to fail. You need to take a step back and re-evaluate your current circumstances and what you can do to reach your goals. You have a couple of things working in your favor here. It's great that you are debt free. That already puts you ahead of a lot of your peers.  You have the option of living with your parents. Presumably for no rent, or at least much lower rent than you would have to pay if you move out. This is worth literally thousands of $/\u00a3/\u20ac for every year you stay. Now, onto your questions: 1) Should I quit regular programming for a normal job because I never monetized programming so I can move out of my parents' home? Are you being paid for this \"\"regular programming\"\"? If so, are you being paid more than minimum wage? If not, it's perfectly acceptable to consider alternative ways to spend your time and generate income. However, this doesn't have to be at the expense of living with your parents. Have you thought about getting a new or second job while still living with them? If you absolutely must move out of your parent's home, consider renting a room in a house with other people to keep the rent costs to a minimum. That way, even if your main job is low paying, you should be able to put aside some money each month for future endeavors.  2) Should I monetize programming and gamble with the future? What does this mean? Are you thinking you'll write a mobile app and sell thousands of copies for 99\u00a2 each? That would indeed be a big gamble, but maybe that's not what you meant, so you'll need to clarify. 3) Would it be wise to essentially quit programming for the sake of a minimum wage job? I'm not sure how this is different from question 1. So I'll reiterate what I said there - moving out is going to be expensive. You can still do it, but you're asking on a Personal Finance site where the focus is usually how to minimize living costs and maximize income. Without knowing more about where you live (employment opportunities, cost of living) the default recommendation is usually to save money by staying in your parents house. TLDR: Don't focus on anyone else. They are not preventing you from getting the job you want. Look at your own skills and qualifications (not just programming, consider all of your abilities). What are you good at? Who might need those skills? What is the cost of reaching those people (commute time, moving nearer)? What is the reward? If the reward exceeds the cost, start approaching those people. Show them what you can do.\""}
{"_id": "6369", "title": "", "text": "Most penny stocks go to zero because most businesses fail.  You stated in your original post that you were wondering specifically about companies with no assets. These are exactly the kind that fail and go to zero.  There are many holes within the regulatory structure that allow for many accounting tricks in penny stock land. And even in areas that are adequately regulated, there will be few to no remedies for the optimistic penny stock shareholder speculator."}
{"_id": "6372", "title": "", "text": "\"I like it... maybe a little fixed gambling via those new \"\"slot\"\" machines that are a cross between video games and just-keep-pumpin'-those-quarters.  Mandatory line dance on the bar every hour by the comely servers.  Hot but not so hot you can't park grandma for the evening.    I'm all for a true celebration of Americana and local roots and the whole idea in the abstract is not bad at all... but I will be surprised if they can pull together the right talent while sidestepping politics at the same time.  More than likely it will end up as Applebees the Hotel.\""}
{"_id": "6384", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-opec-oil-shale-analysis-idUSKBN18M1Q4) reduced by 87%. (I'm a bot) ***** &gt; The history of the relationship between OPEC and the U.S. shale oil industry has evolved a great deal since the cartel discovered it had a surprise rival emerging in a core market for its oil around five years ago.  &gt; WARNING FOR SHALE. By the same token, some U.S. shale leaders may also want a better insight into OPEC thinking and help OPEC understand that shale is not a flash in the pan.  &gt; &amp;quot;OPEC looks at shale and it scoffs,&amp;quot; said Dave Purcell of Tudor, Pickering, Holt &amp; Co, a U.S. shale investment bank that attended the OPEC meeting for the first time.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6el278/opec_continues_to_underestimate_the_invisible_hand/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133771 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **OPEC**^#1 **shale**^#2 **oil**^#3 **U.S.**^#4 **minister**^#5\""}
{"_id": "6386", "title": "", "text": "There are lots of things that can be graphed apart from financial data. Like flight data, for example. With the level of detail visible in the pics on that site, what reason is there to conclude that's market data? Interesting theory tho."}
{"_id": "6415", "title": "", "text": "My question is what is the average income of those people who are driving into the core of the city for work. I am assuming that they probably make a much larger salary than $1.1k, though they are still getting screwed on transportation."}
{"_id": "6426", "title": "", "text": "With reference to the UK: Structured deposits should not be confused with structured products.  Structured deposits are often, quite simple deposit accounts. You place your money into what is essentially a deposit account, and are therefore guaranteed not to lose your capital as with any other deposit account. The attraction is that you could earn more than you would in a normal deposit account, often around double, due to indirect exposure to the markets. Another benefit is that structured deposits can form part of your annual cash ISA allowance, so the returns can be tax free. These products are popular with those who have savings which they are happy to deposit away for between 3 and 6 years, and are looking for better rates of return than standard cash ISAs or savings accounts. The main drawback is that you may not receive anything other than your original deposit. That poses a minimal risk if your savings are earning less than 1% currently.  See my article at financialandrew.blogspot.co.uk/2013/03/fed-up-with-low-returns-from-cash-isas.html for a more rounded overview of the structured deposits."}
{"_id": "6439", "title": "", "text": "\"I simply wrote my bank an email and said, \"\"I want to handle my own escrow\"\".  They said, \"\"fine\"\" and even let me set up a third account called \"\"escrow\"\" (savings and checking being the other two)  that I just transfer money into whenever I want.  But, I don't actually know what their requirements are for doing that. I have a ton of equity in the house, and I never missed a payment, AND I have direct deposit at that institution.  So, it can be done.\""}
{"_id": "6447", "title": "", "text": "The minimum wage in Portugal is around 550\u20ac. A one-bedroom apartment anywhere close to the center of Lisbon should be on average 600\u20ac. Most people on minimum wage have to go to the outskirts of Lisbon or close cities. Although the prices on the houses have gone a lot these past 10 years."}
{"_id": "6454", "title": "", "text": "has very little idea about how much we earn and how high up we are in terms of income percentile. The first part of this sentence is tough to understand. My daughter was 12 when she told us what she estimated our income to be. She looked up the price of our home, worked backwards using conservative numbers, and was pretty close. Here you are saying your wife doesn't know the family income?  Percentiles are meaningless. There are $60k couples who donate 10%, and there are $300k earners who are not charitable at all, and don't even save.  It's time to have a general budget conversation with her. Perhaps starting with the rate of savings, and show how there's room for charity. If your charitable desire is based on a religious compulsion, share that as well, the 10% is what many feel commanded to share by their maker, and feel that it comes off the top regardless of their income level.  In reality, this issue is not financial, it's about open dialog between 2 people. Money is difficult for some to discuss, but you need to start somewhere."}
{"_id": "6471", "title": "", "text": "Do not take the cash! You might be able to leave the money with the large company.  Ask the HR people at the company.  If you are satisfied with their work, no sense leaving if you don't have to.  I have coworkers that have 401K all over from all the buyouts the company went through. If you don't want to leave it behind, do a rollover into your own account with a low cost carrier.  (Vanguard, Fidelity and Charles Schwab are popular)  Whoever you choose for your own account can help you rollover the funds without penalty.  (Schwab helped me over the phone, it was pretty simple) More about rolling over a Roth 401K"}
{"_id": "6473", "title": "", "text": "\"Yeah but a lot of people wont see it that way. Most will read the headline Burger King to avoid US taxes and then wonder why BK isnt pulling their weight when they do business inside the US.   Look at what happened when Walgreens tried this [Source](http://crooksandliars.com/2014/08/walgreens-wont-leave-usa-avoid-taxes) It didnt go over so well. Made them look unAmerican. I hate using that word but that is what it looks like.\"\"the bulletin reported that Walgreens has decided not to \u201cinvert\u201d the company\u2019s nationality to become a Swiss company\"\" I have no idea if this will happen to BK.\""}
{"_id": "6479", "title": "", "text": "\"Thank you for some specific issues, from a former member.   I see the company I work at making similar motions, hopefully I can start saying things like \"\"look, here is how that played out at GE\"\"  Currently I'm trying to push the idea of RACI here so we'll see if we can't actually start an improvement.   Edit: and not in response to you, but it's amazing how much push back I got from the generic \"\"blame the execs\"\" crowd. Large org are different from family businesses. It seems like people feel it's like running a coffee shop.\""}
{"_id": "6496", "title": "", "text": "I agree with George.  I'll also add that you have to think about the cost of melting the coins for their raw materials.  Not exactly free in terms of equipment, facilities and energy costs."}
{"_id": "6503", "title": "", "text": "WE're talking about companies. Cooperate companies.  What cooperate company is issuing bounced or fake checks to their employees that can also issue debit cards as payments? None.   You're trying to split hairs between personal cashed checks and pay roll checks. They aren't the same at all. Payroll checks don't require a 3 day waiting period before the balance is moved to your account, personal checks that don't have a history of bouncing do."}
{"_id": "6515", "title": "", "text": "&gt; A CFA is getting common but it might help - it probably won't hurt at least.  MS and MBA's are dime a dozen compared to CFA's.  If you want to move into trading/research/port mgmt, a CFA is as desired (and allows better networking opportunities via CFA societies) than a MS.  Other than that, I will second the majority of what you said."}
{"_id": "6518", "title": "", "text": "A company would diversify in their investment activities. When a company begins acquiring other companies in vastly different industries, that is grounds for steering toward being a conglomerate. Amazon is not there yet bc the whole foods deal can mesh with their food e-commerce agenda, but Facebook and Google are def grounds at this point. And I 100% agree with you that tech is tightening, but also with crazy valuations. You are what the market says you are but some of these valuations are  a little questionable AKA Snapchat lol"}
{"_id": "6526", "title": "", "text": "Already did yesterday, to avoid the rush and holiday downtime. Received my email confirmations this morning, transfers in progress. I had just purchased this last one a wee bit over 2 months ago, so it was basically brand new. Also spread the word to other sites and web developers to make more people aware. As soon as transfers are complete, will send my email as to why they lost my business. Didnt want them to spit in my soup, so to speak."}
{"_id": "6537", "title": "", "text": "When coming to that conclusion, you only consider half of the facts. Yes, all money is debt.  But what you miss is that there are other values and assets out there, not just money. These actually match each other to some degree. If the value of all these other assets grow at the same pace as the money supply, then there will be a balance.  If one grows faster than the other, there will be inflation or deflation. At least there should be, which is the problem not understood."}
{"_id": "6543", "title": "", "text": "Simply transferring money you own from overseas to Canada will not mean you need to pay tax on it. However if you sell property at a profit - I.e. sell it for more than you paid for it - you may have to pay tax on any gains. This is true whether or not you transfer the money to Canada. Calculating the amount is quite complicated. You might consider getting a tax expert."}
{"_id": "6568", "title": "", "text": "And that is only if you start at Full Time, which is next to impossible. In a lot of cases, it can take employees 5-10 years to even get in a full time spot, especially in an older store where nobody leaves."}
{"_id": "6569", "title": "", "text": "As someone who has followed the world of beer (and wine) internationally for over two decades, I will argue with anyone that Vermont's Hill Farmstead is the best brewery operating anywhere in the world right now. I don't use the word lightly, but Shaun Hill is genuinely a genius when it comes to brewing.   Vermont also has The Alchemist (which makes Heady Topper, my pick for the best DIPA in the world) and Lawson's Finest Liquids."}
{"_id": "6573", "title": "", "text": "Well, he can prove that that hiring manager asked the questions by testifying that he did.  Sure, the company may counter the testimony if the hiring manager testifies that he did not ask the questions.  Then, its up to the jury to decide whether to believe the plaintiff or the hiring manager.  But, that's not an impossibility, that's a difficulty."}
{"_id": "6574", "title": "", "text": "Options are a derivative product, and in this case, derive their value from an underlying security, a traded stock. An option gives you the right, but not the obligation, to buy a stock at a given price (the strike price) by a given time (the expiration date.) What I just described is a call option. The opposite instrument is a put, giving you the right, but not the obligation, to sell the stock at a given price.  Volumes have been written on the subject, but I'd suggest that for a custodial Roth, I'd not activate the ability to trade options.  How to get started with options investing? offers a nice introduction to trading options. In my response, I offer an example of a trade that's actually less risky due to the option component."}
{"_id": "6585", "title": "", "text": "That\u2019s exactly what many countries do, even going to far as to bake the data they want into their structure. Not doing well in middle school? Time to ship you off to trade school so you don\u2019t take the standardized tests. I\u2019m not saying that\u2019s why they do it, I\u2019m saying countries like Germany artificially look better than reality suggests."}
{"_id": "6595", "title": "", "text": "A 401k is pretty good, but it's not magic. Personally, I'd consider a 30k salary with a 401k and a 2k employer match less valuable than a 36k salary, let alone a 48k salary. If worried about retirement savings simply set up that IRA and put in the full 5.5k allowance."}
{"_id": "6603", "title": "", "text": "So much bullshit in this article:  &gt;In fact, libertarian writer Charles Murray once estimated that providing all unincarcerated Americans over the age of 21 with a **monthly check for $13,000** ($3,000 of which would fund their healthcare) would not only be sufficient enough to provide for their basic needs and help raise the poorest among them above the poverty line, but would also be less expensive than our current welfare state, which includes agricultural and corporate subsidies.  There are 325 million americans. 73% are over 21, so that leaves 237 million. About 1% of adults are incarcerated, so were left with about 235 million. If you gave each one $13,000 that would cost $3 trillion. Or basically the entire federal budget. But wait, that's a *per month* figure. Per annum, that would cost $36 trillion.  Please quit shit posting this UBI and do your fucking math homework."}
{"_id": "6607", "title": "", "text": "I would imagine that as a holder you will receive information in the post when it's made public, but I don't think it's been decided yet. This thread on the Motley Fool boards is keeping an eye on them - you might want to keep an eye on the thread."}
{"_id": "6643", "title": "", "text": "I did some research and I found a very interesting article that had exactly my case as an example ( person has an undergrad from a nice University in the relative field and wants to do a masters to get a job in a high tech company). Here is the source. Consider \u201cSusan:\u201d She has an undergraduate degree from the University   of Washington in Computer Science, and is considering applying to a   master\u2019s program at UW or an equivalent program. She\u2019s hoping   afterwards to land a job at a top tech company. So far, she\u2019s only   been able to get jobs with startups and smaller-name companies. A master\u2019s degree probably wouldn\u2019t make sense for Susan. It might   help her to land a job at a top tech company, but she could also do   that by working at a startup for a year or two and spending some time   developing her skill set through personal projects. If she did it that   way, she\u2019d probably be a lot richer in the end."}
{"_id": "6649", "title": "", "text": "\"I can see apprenticeships making a comeback.  I know of very few apprenticeships these days (I'm guessing most of them were replaced way back with certifications?)  The most obvious one is Tattoo artists.   To actually work at a tattoo place of business (not a dingy house basement), you must serve for a year under someone who is a legitimate, experienced tattoo artist.  You will make half of what the tattoo is priced and the person getting the tattoo is well-informed of who is doing the tattoo. Sometimes they get a discount because of it.   After a year, you are certified, and can begin working by yourself and setting your own rates, with a portion going to the business (you usually \"\"rent\"\" a room in a tattoo shop).   I'm sure these standards vary depending on where you are, but with economics turning the way they are, I think apprenticeships can cover some of the downturn we are experiencing. I'm not sure how much it would cover, but it would cover something, however small.  It also weeds out any dabblers who aren't serious and might otherwise produce terrible results.\""}
{"_id": "6665", "title": "", "text": "\"You need to contact the institution that is holding your current account, have them sell your fund investment, and then close your account and send you a check for the balance. Then you can open an account directly with Vanguard (or call 800-319-4254). You don't need an account with an online broker unless you want to be able to invest in funds outside the Vanguard family. Fees will depend on the institution that you are currently using and the fund. With some funds you have to pay a \"\"load\"\" (percentage of your assets, in the neighborhood of a couple of percent) when you redeem shares. Your institution may charge you a fee for redeeming the fund (anywhere from $0/free to maybe $40 or higher). Some institutions will charge a fee for closing the account. (I've seen anything from $0/free to $40, but I haven't looked around in a while.) As MrChrister points out in a comment below, this is not the best method for an IRA. In that case, you'd want to make a transfer, and I'd recommend calling both your current institution and Vanguard (or wherever you end up transferring funds to) for forms and instructions on how best to do it.\""}
{"_id": "6666", "title": "", "text": "People have asked a lot of good questions about your broader situation, tolerance for risk, etc, but I'm going to say the one-size-fits-most answer is: split some of your monthly savings (half?) into the VEU Vanguard FTSE All-World ex-US ETF and some into VTI Vanguard Total Stock Market ETF. This can be as automatic and hassle-free as the money market deposit and gives a possibility of getting a better return, with low costs and low avoidable risk."}
{"_id": "6681", "title": "", "text": "&gt; Amazon yet to show any real issues in handling loads of traffic all at once.   I've seen Amazon falter due to high demand before.  Last major event I was aware of was the HP Touchpad fire sale, all but took down their site for an hour-ish."}
{"_id": "6692", "title": "", "text": "Russia current account.  https://tradingeconomics.com/russia/current-account  US current account  https://tradingeconomics.com/united-states/current-account  Russia balance of trade  https://tradingeconomics.com/russia/balance-of-trade  US balance of trade  https://tradingeconomics.com/united-states/balance-of-trade  Forex reserve by country  https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves  List of country by oil import size.  https://en.wikipedia.org/wiki/List_of_countries_by_oil_imports  .  If I have to make a wild guess, country with huge deficit everything and no saving usually sinks faster in time of crisis."}
{"_id": "6701", "title": "", "text": "Don't know the name but it means you're long with conviction :P  Unlimited gains, maximum loss of 95$  + (8-6) = 97$.  Basically You are long @ 107  - -2 from 105 to 95.  You would have to be ULTRA bullish to initiate this strategy."}
{"_id": "6703", "title": "", "text": "What source said the Fed considers them retired? And you know $2 trillion of that is mortgage backed securities. No one seems to have told the homeowners their mortgages are forgiven as I haven't seen the block parties for that."}
{"_id": "6731", "title": "", "text": "\"Now today I received another refund in the same amount for the same property. What can legally happen if I cash it? Legally the money is not yours. The best course for you is to return the check via certified mail, notifying them that you were already paid. Just because someone made an error, does not mean the money belongs to you. If you don't and rather cash the check; sooner or later depending on the amount, it would be found out by the company as part of reconciliation/audit; they will/can then demand the same back from you.  It is up to the company to decide if simply refund is sufficient; or refund plus some interest or start a legal proceeding against you as \"\"intentional theft\"\".\""}
{"_id": "6735", "title": "", "text": "Supplier prints are a huge challenge. Every revision release is a pain in the ass and like you said you have no idea what their process capabilities or tooling constraints are. We pretty much only use them for commoditized parts where just about any supplier can make it the same exact way.   Boeing did a bad job of supplier development. I'm sure the Apollo purchasing group didn't just wait for parts to hit the dock before finding out that they were nonconforming. A lot of times these problems are more of a cultural issue than a technical shortcoming."}
{"_id": "6751", "title": "", "text": "Their argument is mostly nonsense. Take someone like Tim Cook, CEO of Apple. He has a not very large salary, and makes a lot more money through stock bonuses. You would never, ever expect him to buy Apple shares. And assuming that he doesn't want to end up one day as the richest man in the cemetery, you would expect him to sell significant numbers of shares, independent on whether he expects Apple to go up or down."}
{"_id": "6760", "title": "", "text": "\"***JamieJBartlett***:  &gt;&amp;#91;2012/10/22&amp;#93;&amp;#91;17:30:33&amp;#93;  &gt;[&amp;#91;Translate&amp;#93;](http://translate.google.com/#auto|auto|At 34,798 words, PayPal%27s terms and conditions are 4,000 words longer than Hamlet. %22Brevity is the soul of wit%22. %28Act II, scene II%29 'google translate this tweet'): At 34,798 words, PayPal's terms and conditions are 4,000 words longer than Hamlet. \"\"Brevity is the soul of wit\"\". &amp;#40;Act II, scene II&amp;#41;  [&amp;#91;This comment was posted by a bot&amp;#93;&amp;#91;FAQ&amp;#93;](http://www.reddit.com/r/tweet_poster/faq 'tweet_poster')[&amp;#91;Did I get it wrong?&amp;#93;](http://www.reddit.com/message/compose/?to=tweet_poster&amp;subject=Error%20Report&amp;message=[Oops!](http://reddit.com/r/business/comments/11wkuv\\)%0d%0dPlease leave the subject and this link unaltered, but feel free to add a description here. 'report an error')\""}
{"_id": "6765", "title": "", "text": "Is it standard for a bank to need the cheque to cancel it? (what about if it was intercepted, surely you can cancel before you're plundered?) Generally it makes life easy for the Bank. They can physically see the cheque and are assured that it has not been cashed.  Bank can put a hold / stop on the cheque. However given today's Banking it is complex with multiple systems and specially with international clearing taking months ... the cheque could have been cashed and the Bank that issued may only get to know about it month later. Is there any way to bypass this? Best is for your friend to correspond in writing. The rejection email from your Bank should also go into the communication. And follow-ups every 15 days all in writing. Generally after tons of follow-up Banks would pay it off."}
{"_id": "6771", "title": "", "text": "Conceptually, yes, you need to worry about it.  As a practical matter, it's less likely to be exercised until expiry or shortly prior. The way to think about paying a European option is: [Odds of paying out] = [odds that strike is in the money at expiry] Whereas the American option can be thought of as: [Odds of paying out] = [odds that strike price is in the money at expiry] + ( [odds that strike price is in the money prior to expiry] * [odds that other party will exercise early] ). This is just a heuristic, not a formal financial tool.  But the point is that you need to consider the odds that it will go into the money early, for how long (maybe over multiple periods), and how likely the counterparty is to exercise early. Important considerations for whether they will exercise early are the strategy of the other side (long, straddle, quick turnaround), the length of time the option is in the money early, and the anticipated future movement. A quick buck strategy might exercise immediately before the stock turns around.  But that could leave further gains on the table, so it's usually best to wait unless the expectation is that the stock will quickly reverse its movement.  This sort of counter-market strategy is generally unlikely from someone who bought the option at a certain strike, and is equivalent to betting against their original purchase of the option.  So most of these people will wait because they expect the possibility of a bigger payoff. A long strategy is usually in no hurry to exercise, and in fact they would prefer to wait until the end to hold the time value of the option (the choice to get out of the option, if it goes back to being unprofitable).  So it usually makes little sense for these people to exercise early.  The same goes for a straddle, if someone is buying an option for insurance or to economically exit a position. So you're really just concerned that people will exercise early and forgo the time value of the American option.  That may include people who really want to close a position, take their money, and move on.  In some cases, it may include people who have become overextended or need liquidity, so they close positions.  But for the most part, it's less likely to happen until the expiration approaches because it leaves potential value on the table.  The time value of an option dwindles at the end because the implicit option becomes less likely, especially if the option is fairly deep in the money (the implicit option is then fairly deep out of the money). So early exercise becomes more meaningful concern as the expiration approaches.  Otherwise, it's usually less worrisome but more than a nonzero proposition."}
{"_id": "6811", "title": "", "text": "I think that *all* Washington Post articles that mention Amazon or Bezos include that ownership disclosure statement - it's form, no particular significance here.   That said, I agree with you on both points:   &gt; I am leaning more towards the belief that Amazon registered for the patent to keep other competitors from using such a system  &gt; this is a very ominous and scary technological innovation  I love innovation, but it's not always *used* well. This patent describes a bad use: spying on someone's communications to gain an economic advantage over them.   (In the sense that if you are effectively discouraged from comparison shopping and pay a higher price than you would otherwise, they are advantaged to your detriment - potentially even without your knowledge.)"}
{"_id": "6826", "title": "", "text": "Generally Google gets their data,  directly from the exchanges (Nasdaq, NYSE). This is really expensive   -- tens of thousands of dollars a month just for the license from the exchange, and lots of telecom costs on top of that."}
{"_id": "6851", "title": "", "text": "I think you take some pretty big liberties assuming I think people deserve failure. If you assume I think that, please note that this speaks more to how you view people who are not wealthy than I do.  That aside, I think you're using lucky in a way that most people do not in this instance.  Is it lucky to eventually achieve a reasonable goal with decades of consistency? Sure, in the ways that I mentioned - nuclear war didn't break out, no fatal traffic accidents happened, etc.  Do you think that is what people usually mean when they say people who have more money are just lucky? Or do you think they use the term lucky to mean there is no merit basis for the difference?  Side note - I'm not saying everyone with money has it because of merit any more than I am saying everyone without money deserves to be broke. If anything, I'm disagreeing with the semantics used to discuss wealth and income disparity, partly because it is divisive."}
{"_id": "6856", "title": "", "text": "I have had more than 1 co-worker tell me that they were right because they were 40-50 and because I am younger, I was wrong.  One guy in my office, and another was a VP in corporate headquarters. Got to love the tyrannical logic of higher age = correct."}
{"_id": "6871", "title": "", "text": "Business mentors ensure viability through holistic assistive orientations for startups in deliberates on the significance of startup advisor services by business consultant firms.They guide the new ventures by helping them adopt the best practices and avoid the bad decisions.For More Info:- http://www.startupmentor.co.in/"}
{"_id": "6872", "title": "", "text": "Thanks for the post, these are good insights.  I've found most of my personal success looking for work by way of the burgeoning technical recruiter industry - they know a bit more than an HR 'bot', either mechanical or human (haha), about the reality of technical requirements for a job and are able to find you if you just know where to place yourself.  Getting solicited for a job by way of your LinkedIn profile is a much easier way of finding work than the futile carpet-bombing of large corporate HR machines, no doubt."}
{"_id": "6881", "title": "", "text": "While others have made a good case for how you may want to save and spend I just want to take a moment to comment on Acorn and Robinhood.  Having never used either of them, I would stick to the seasoned professionals for my long term investment relationship. I'm sure they have the right licensing and proper SIPC coverage etc, but I wouldn't, personally, trust my money to an entity that's almost entirely funded by venture capital.  I would stick to a company that exists and is profitable on it's own.  All of the major brokerage houses (Vanguard, Schwab, ETrade, Scottrade, etc) in the US give account holders access to a list of ETFs and Mutual Funds with zero load on deposits, no or low minimum account balances, no or low investment minimums, and no commissions.  With access to these no cost options, I wouldn't waste time with an entity that exists because of it's investor fund raising abilities."}
{"_id": "6882", "title": "", "text": "In the US, a surviving family member that inherits the entire property may also assume the mortgage.  If the new mortgagee fails to uphold the terms of the mortgage (i.e. make timely payments), the mortgagor can begin foreclosure proceedings.  There is generally no requirement to pay off the mortgage quickly. This is obviously the simple case where one person inherits the entire property. If the estate is split and no one person inherits the house, or if the house is left to a non-relative, things get more complicated.  Effectively in that case the house is either sold to pay off the mortgage or the inheritor needs to take out a new mortgage to pay off the old one."}
{"_id": "6886", "title": "", "text": "I'd recommend LinkedIn instead for this purpose. I'm an admin for a business page on both platforms and in the US, Facebook is highly competitive paying little attention to group affiliates, more focused on consumers or prospects. You are lucky to even get a like from a vendor. LinkedIn however has groups directly associating B2B."}
{"_id": "6891", "title": "", "text": "Were capital gains taxes not lower, companies would have an incentive to minimize the portion of the value they create that materializes as capital gains. They would do this by using more debt financing (since interest is deductible) than equity financing. This would have a destabilizing effect on the economy. Low capital gains taxes help encourage investment over spending. This is believed to improve economic growth. Given these factors, it is generally believed that the current capital gains tax rate is very close to the optimal rate. That is, a higher tax rate would not result in greater tax revenue. Bluntly, a higher income tax rate on earned income does not really discourage people from working harder and earning more money. But a higher rate on capital gains does discourage investment. Essentially, it's because investment is more discretionary."}
{"_id": "6902", "title": "", "text": "Why is this comment downvoted? Guy might be new to finance and asked a legitimate question. No need to be just as cancerous as gaming subreddits are, I thought I could expect a mature audience here. Instead I see that a whole bunch of you are elitist jerks."}
{"_id": "6918", "title": "", "text": "\"&gt;If there aren't enough seats in the classrooms, some people will be left without the college education they want, no matter how the financing is provided.  I'll grant you this, but we can always produce more classrooms.  Let's use your loan example. If I take out a college loan it represents the value of some other asset, and the lender's belief that I will later be able to compensate the lender for giving up that asset.  Just as we could price the value of the hunter's demise, we can price the value of a student's failure or success. If the student has delivered in the past (good grades, high productivity), then we can reliably price the cost of her college education.   In a very real way, she has \"\"created\"\" her own seat in the classroom right now by promising to pay for it in the future. And we can rely on this promise on the basis of her past performance. I won't get into whether this is reliable or even desirable.  Just as we priced the value of the hunter's non-performance/demise, we can price the student's non-performance/default. We can build this into the cost of the loan, or spread the cost out among all the other loans we give.\""}
{"_id": "6922", "title": "", "text": "Silly Investors . . .  Goldmans strategy is to place people in the [Treasury, the Fed and the Sec](https://www.reuters.com/article/us-usa-sec-cohen/sec-taps-goldman-executive-as-senior-policy-advisor-idUSKCN1BC5CP)  and then fuck everybody in the Ass  Everywhere you look its Goldman . .I think North Korea ought to Target Goldman and Kim would be a hero for rescuing the American people from generations of debt and slavery  Kim!!! Kim!! Kim!!  save us . .we are on food stamps"}
{"_id": "6936", "title": "", "text": "\"Hah!  Edit: to elaborate, markets are closed. Unless your firm made a bunch of moves before EOD Friday, there's very little they can do to avoid the bloodshed (if there is any after the vote on Sunday) come Monday morning. Not to mention most 401k funds have contractual limits placed on them in terms of how much they can do in terms of buy/sell actions in a given window of time - usually that's a good protection, however in \"\"outlier\"\" occurrences it's a really, really bad thing.  Now, if you're in it for the long haul (in your 20s-early 30s) it's no big deal (yes, you'd be better off in a panic if you divested, but short-term drops are somewhat built into the long-term model). If you're about to retire I'd be really, really nervous.\""}
{"_id": "6978", "title": "", "text": "Hotel Mini Punjab near Choudhary Cranes Farmagudi Goa India, Enjoy Family fun, business and leisure Stay Goa, Laundry facility, bar &amp;amp; Pub, best on-site restaurant with indoor and outdoor(lawn) sitting near vithal Nivas Goa, Lodging &amp;amp; Boardings Facilities near Ridhi plaza Goa, modern rooms Booking Goa"}
{"_id": "6990", "title": "", "text": "You should check out existing resources like Investopedia for definitions, and ask questions if there is something you do not understand, instead of asking folks to spit out definitions. A good book for you to read might be Wall Street Words"}
{"_id": "7024", "title": "", "text": "I wish congress would consider just adding a lower cost, government managed option by perhaps allowing some to buy into medicare instead of being forced to purchase from a for-profit company.   Also, the government needs to be allowed to put a lid of drug prices for change the law requiring them to simply pay whatever price anyone can dream up."}
{"_id": "7046", "title": "", "text": "\"diamonds are intrinsically worthless this is simply wrong. (1) Diamonds that are sold for anything less than, oh, let's say $5000 at original retail - are indeed utterly, totally, completely worthless. It is simply \"\"one of the great scams\"\". Their real \"\"price\"\" is maybe \"\"five bucks\"\". End of story. There is no secondary market.  Literally - \"\"end of story\"\". If you buy a \"\"diamond\"\" lol for \"\"$2000\"\" to impress your loved one, you can not then \"\"sell it\"\" for any amount of money.  It is: worthless. Once again: simple, undeniable fact. the diamond you bought for 2 grand cannot be resold. Ir's worthless. (OK, maybe you can get 100 bucks for it, something like that. Or, you can scam someone clueless, and get 200 bucks.) (2) However actual \"\"investment\"\" stones do in fact have a value - if somewhat fragile. Example, a few years ago I sold a stone for 30 thousand. That was a \"\"real\"\" price and it was quite liquid - I was within days able to find a buyer. (A dealer - he would have then sold it on for 35 or whatever.) I have never dealt in stones over six figures, but I'm fairly certain those are \"\"real\"\" valuable objects: just like paintings by name artists. (However: yes, the line between \"\"laughable diamonds\"\" and actual investment stones, is indeed moving ever upwards.) (Note - the \"\"elephant in the room\"\" with diamonds is that GE's industrial process for simply making utterly flawless diamonds, starting with carbon, is getting better every decade.) (A second overwheleming point that nobody has mentioned: diamonds get beat-up.  Regarding \"\"engagement ring diamonds\"\", a used one is exactly as useless as a used car.  It's crap.  Just as with $200,000 picassos, this concept does not apply to \"\"actual investment stones\"\".) Note that many of the comments/arguments on this page are very confused because: people are not distinguishing between the (ROFL) \"\"engagement ring scam market\"\" and the rarefied \"\"investment gem market\"\". The two things are utterly different. Yes, \"\"engagement ring diamonds\"\" are an utter scam, and are simply: \"\"worthless\"\".  The fundamental, basic, overwhelming scam in today's business/social universe is: \"\"engagement diamonds\"\". Yes, the price is only due to marketing/monopolies etc. Elephant in the room A: GE's technology can - end of story - manufacture diamonds.  (Starting with \"\"pencil leads\"\".)  End of story.  It's all over. Elephant in the room B: folks forget that diamonds get beat-up, they are just like used cars. Regarding \"\"engagement-ring diamonds\"\", nobody has ever, or will ever, bought a used one. Simple, utterly undeniable fact: regarding \"\"engagement ring diamonds\"\". they have: zero value.  You cannot resell them. End of story. If you buy a house, you can resell it. If you buy a car, you can resell it (at a spectacular loss). If you buy a picasso, you can resell it (almost always making a huge profit). If you buy an \"\"engagement ring diamond\"\", it is worth: nothing. Zero. Nada. strictly regarding investment stones, which is a distinctly utterly different market.  This market has no connection, in any way, at all, even vaguely, it is utterly unrelated, to \"\"engagement ring diamonds\"\".  You can in fact buy and sell these items - very much like say \"\"art\"\" or \"\"mid century antiques\"\", and make money. This market just has utterly no connection to the whole \"\"engagement ring diamonds\"\" scam system. Say you buy wine at the supermarket, for 5 to 100 bucks a bottle. If you think that the \"\"wine\"\" thus bought, has a secondary market, or you can invest in it or something: you have lost your mind. In total contrast: Yes, although totally flakey, there is indeed an \"\"investment wine market\"\" which is real and reasonable. I for example have made some money in that. (I have a great anecdote even - I had one cellar of wine in burgundy, which could have been sold for, say, 30 grand - but we drank it  :)  ) Again, the (somewhat bizarre) actual market in investment wine, just has to \"\"buying wine in the supermarket\"\".  To further the analogy: wine prices in the supermarket / your (ROFL) wine dealer, from 5 to 100 bucks, are just: utterly laughable. Utterly. Laughable. Much as folks sit around, and decide on \"\"label designs\"\", they sit around, and decide on \"\"price points\"\". There is, utterly, no difference between $5 and $100 grape juice rofl \"\"wine\"\". The price difference is simply a marketing decision: at best, you can think of it as a Velbin good. ... exactly the same applies to \"\"engagement ring diamonds\"\".\""}
{"_id": "7066", "title": "", "text": "Check Buxfer here are the details about the API: http://www.buxfer.com/help.php?topic=API"}
{"_id": "7073", "title": "", "text": "Well they way I see it, if there were no Taxes and nobody had to pay taxes, that would be a fair argument, but it seems we have to pay taxes because the rich and powerful feel that the country they live in should be nice and pretty and safe, and should have education and medical care.  I totally and whole wholeheartedly agree, provided they pay proper taxes and not try and steal my money."}
{"_id": "7074", "title": "", "text": "In my IRA I try to find stocks that are in growing sectors but have are undervalued by traditional metrics like PE or book value; I make sure that they have lower debt levels than their peers, are profitable, and at least have comparable margins.   I started trading options to make better returns off of indices or etfs. It seems overlooked but it's pretty good, in another thread I was telling someone about my strategy buy applying it to thier portfolio: https://www.reddit.com/r/options/comments/77bt17/ive_been_trading_stocks_for_a_year_and_am/dolydu8/?context=3  I double checked, I told him/her I would buy the DIA Jan 19 2018 call 225 for 795. 8 days later it's trading for 1085. Nearly 50% in a week. It'll never be 300% earnings returns, but I'm happy to take it slow.   Shorting is a very different animal it takes a lot to get things right."}
{"_id": "7094", "title": "", "text": "The fact that you want to look for a home within the next 2 years (and the lack of 401(k) match) leads me to suggest saving for the house as top priority. A VA loan for that purchase. The VA loan has a very low up front fee, but a new home is always going to come with expenses that can add up. Better to have as much liquidity as you can. If you have a lot of cash after the move in and furnishings, it won't be tough to choose a high savings rate to jump start the retirement plan. Thank you for your service."}
{"_id": "7119", "title": "", "text": "Im not sure if this still holds true but when i asked my dad the same question years ago he said Aldis pays for everything up front no debt therefore they are able to get a better price since the money is guaranteed"}
{"_id": "7142", "title": "", "text": "REally, don't let this ruin your traveling to the usa.  I fucking hate the tsa thugs, but one thing about them is that you can actually refuse to go through the porn scanner, and then they will do the pat down, but the pat down is really nothing; Try that shit in London and you'll probably be banned from boarding the plane.  Also, it helps to strike up a conversation with the TSA thug who is doing the pat down.  I've been chosen a few times and I start the ordeal with, 'having a rough day'? And really, it hasn't been bad at all.  Yes, pain in the ass, but you shouldn't let that stop from visiting the USA."}
{"_id": "7170", "title": "", "text": "\"An answer can be found in my book, \"\"A Modern Approach to Graham and Dodd Investing,\"\" p. 89 http://www.amazon.com/Modern-Approach-Graham-Investing-Finance/dp/0471584150/ref=sr_1_1?s=books&ie=UTF8&qid=1321628992&sr=1-1 \"\"If a company has no sustained cash flow over time, it has no value...If a company has positive cash flow but economic earnings are zero or less, it has a value less than book value and is a wasting asset. There is enough cash to pay interim dividends, bu the net present value of the dividend stream is less than book value.\"\" A company with a stock trading below book value is believed to be \"\"impaired,\"\" perhaps because assets are overstated. Depending on the situation, it may or may not be a bankruptcy candidate.\""}
{"_id": "7174", "title": "", "text": "I don't know about Jeff Bezos in particular but, in general, and with a a few other notorious exceptions like Warren Buffet, billionaires also have incomes (salary, dividends, fees to seat on various boards of directors, etc.) in the millions, not the tens of thousand. That's typically still much lower than their wealth but certainly enough to sustain a comfortable lifestyle. However it's still true that some billionaires have so much of their wealth tied up in a single corporation that they could not practically get it all out at once, if they ever wanted to. But they can still typically sell at least some shares, which is exactly what Jeff Bezos has done to buy the Washington Post for example."}
{"_id": "7176", "title": "", "text": "I skimmed the paper rather quickly.  It's interesting I guess, but if you haven't taken a junior level college course in finance you'll be lost.    I fail to see any actionable advice from the article however.    It simply goes over how pretty much how most of how we perceive WACC, Betas, and Equity Premiums are wrong.  We are wrong in their actual definitions and we are wrong in how they are calculated.    I'm disappointed the author did not propose a solution though.  Even if he is right, you can't rewrite 'wrong' textbooks if you have no idea what the right answer is."}
{"_id": "7181", "title": "", "text": "\"I wasn't comparing Baltimore to Owsley County Kentucky, I was making two separate points. One with each data point.   You can play this game until infinity.  \"\"National numbers mean nothing because there are too many States involved\"\"   \"\"State numbers cannot quantify anything because cities differ so much\"\"   \"\"Cities cannot be grouped together as one is side of town is rich and the other poor\"\"  \"\"That neighborhood cannot be generalized because one street has houses that are run down\"\"   We are going to be talking protons soon...\""}
{"_id": "7192", "title": "", "text": "\"You are not smart.   The average person works more than 25 years. And because it's an average earnings increase, OF COURSE EVERYONE DOESN'T REACH IT. By the way, the greatest predictor of a person not reaching it is that person getting a liberal arts degree. And since you seem to want to do baseless math, I'll let you go ahead and decide how much the other 10% has to make in order for it to be true.   The point is that if you go to college, particularly to get a more valuable degree, you are making an astoundingly good investment. Are there exceptions? Absolutely. There are always exceptions. That doesn't disprove the facts.   Go look at the actual statistics by major or career. Don't bring this, \"\"I'll bet\"\" nonsense into the argument as if it proves anything.\""}
{"_id": "7208", "title": "", "text": "Some other suggestions: Index-tracking mutual funds. These have the same exposure as ETFs, but may have different costs; for example, my investment manager (in the UK) charges a transaction fee on ETFs, but not funds, but caps platform fees on ETFs and not funds! Target date funds. If you are saving for a particular date (often retirement, but could also be buying a house, kids going to college, mid-life crisis motorbike purchase, a luxury cruise to see an eclipse, etc), these will automatically rebalance the investment from risk-tolerant (ie equities) to risk-averse (ie fixed income) as the date approaches. You can get reasonably low fees from Vanguard, and i imagine others. Income funds/ETFs, focusing on stocks which are expected to pay a good dividend. The idea is that a consistent dividend helps smooth out volatility in prices, giving you a more consistent return. Historically, that worked pretty well, but given fees and the current low yields, it might not be smart right now. That said Vanguard Equity Income costs 0.17%, and i think yields 2.73%, which isn't bad."}
{"_id": "7237", "title": "", "text": "Trump is 100% correct! The Washington Post, owned by Jeff Bezos of Amazon, loses money, which is used as a deduction, to screw the public on low taxation for Amazon!   Typical tax shelter + political gains for Jeff Bezos to spread fake news about Trump."}
{"_id": "7241", "title": "", "text": "Here at The Pet Glider, we pride ourselves in providing a range of top-quality supplies sugar glider owners the world over can use to spoil their lovable furry friends. In March, we launched a new promotional offer designed to benefit everyone who is looking to welcome a new pair of sugar gliders into their homes and into their lives."}
{"_id": "7243", "title": "", "text": "Normally interest only mortgages are taken incase one planning to sell off the property after a few years and purchase of the property is for investment. In such a case instead of burdening oneself with a huge EMI, one opts for an interest only mortgage, and towards the end of the term, sell off the house at profit and repay back the entire principal.  I am not to sure if interest only mortgages are encouraged for properties you plan to live in. Although I do not know about the ING scheme, normally there is no prepayment option on interest only mortgages, its Bank way of earning a fixed income for the contracted period and thats the reason why the interest rates are lower than a regular mortgage. If you do the math, you may be paying more in total interest than on a regular mortgage."}
{"_id": "7311", "title": "", "text": "Which way would save the most money? Paying of the car today would save the most money.  Would you borrow money at 20% to put it in a savings account?  That's effectively what she is doing by not paying off the car. If it were me, I would pay off the car today, and add the car payment to my savings account each month.  If the car payment is $400, that's $1,500 a month that can be saved, and the $12k will be back in 8 months. That said - remember that this is your GIRLFRIEND, not a spouse.  You are not in control (or responsible for) her finances. I would not tell her that she SHOULD do this - only explain it to her in different ways, and offer advice as to what YOU would do.  Look together at how much has been paid in principal and interest so far, how much she's paying in interest each month now, and how much she'll pay for the car over the life of the loan.  (I would also encourage her not to buy cars with a 72-month loan, which I'm guessing is how she got here). In the end, though, it's her decision."}
{"_id": "7323", "title": "", "text": "You want to take the hit now.   There are tons of calculators out there, but the rule of 70 should be enough to help convince you: Assume you can put an extra $10k in a 401k now, or keep it.  If you pay ~30% in taxes, you  can have either: A) $7k now, or: B) What $10K will grow to in your 40 years till retirement less taxes at the end. The rule of 70 is a quick, dirty way to calculate compounded returns.  It says that if you divide 70 by your assumed return, you get the approximate number of years it will take to double your money.   So let's say you assume a 5% rate of return (you can replace that with whatever you want): 1) 70/5 is 14, so you'll double your $10k every 14 years. 2) In 40 years, you'll double your money almost 3 times (2.86) 3) That means you'll end up with almost $80k before taxes 4) Even if we assume the same tax rate at retirement of 30% (odds are decent it's lower, since you'll have less income, presumably), you still have $56k. Whatever you think inflation will be, $56k later is a LOT better than $7k now."}
{"_id": "7332", "title": "", "text": "\"It all has to do with risk and reward. The risk is that interest rates will rise.  To entice you to go with the variable, they make it so it is cheaper if interest rates never rise. Your job is to guess whether interest rates are likely to go up or not. In a first approximation, you should go fixed. The bank employs very smart people whose entire job is to know whether interest rates will go up or not. Those people chose the price difference between the two, and it's sure to favour the bank. That is, the risk of extra payments you'll make on the variable is probably more than the enticement. But, some people can't sleep at night if their payments (or more realistically, the interest part of their payments) might double. If that's you, go fixed. If that's not you, understand that the enticement actually has to be turned up a bit, to get more people to go variable, because of the sleeping-at-night feature. Think long and hard about your budget and what would happen if your payment jumped. If you could handle it, variable might be the better choice. Personally, I have been taking \"\"variable\"\" on my mortgage for decades (and now I don't have one) and never once regretted it. I also counselled my oldest child to take variable on her mortgage. Over this century so far, if rates ticked up, they didn't tick up to the level the fixed was offered at. Mostly they have sat flat. But if ever there was a world in which \"\"past performance does not predict future results\"\" it would be interest rate trends. Do your own research.\""}
{"_id": "7391", "title": "", "text": "Well, if you only own the option, you are only limited to loosing the premium. With futures, at least with the brokers I talked to, most of the time you need to sign a margin contract just to trade futures. I don't want to go into debt, and I don't think I would do too well to be fairly honest. I am a college student, and want to limit my risk, and so just trading the option would help me get access to the commodity markets without having to get margin like many brokers want me to do. I am not trying to do any hedging or anything (which I am aware you can do). All I want to do is do an inflation trade, and I believe commodities are the best way. To me honest, if I had my way I would just buy and hold, and that is the strategy I want to emulate closest, even though I know I can't hold it forever. Basically, I want to avoid debt, but still trade commodities."}
{"_id": "7399", "title": "", "text": "I have read in many personal finance books that stocks are a great investment for the long term, because on average they go up 5-7% every year. This has been true for the last 100 years for the S&P500 index, but is there reason to believe this trend will continue indefinitely into the future? It has also been wrong for 20+ year time periods during those last 100 years. It's an average, and you can live your whole career at a loss. There are many things to support the retention of the average, over the next 100 years. I think the quip is out of scope of your actual investment philosophy. But basically there are many ways to lower your cost basis, by reinvesting dividends, selling options, or contributing to your position at any price from a portion of your income, and by inflation, and by the growth of the world economy. With a low enough cost basis then a smaller percentage gain in the index gives you a magnified profit."}
{"_id": "7403", "title": "", "text": "This will have no effect on your credit score.  Even though your credit card account number is changing, it is still the same account, so your history of payments and age of accounts will remain unchanged."}
{"_id": "7404", "title": "", "text": "\"Do you know if you were approached by a carrier or a tower vendor?  Edit/addendum:  As someone in the telecommunications industry, I will say that you should NOT lease to a vendor who will sublease the space to the phone companies for a profit.  Depending on the availability of space, the population of the area, and the value of the location, and the amount and size of hardware to be installed, the rental pricing can vary wildly.  A cell site on a choice tall building in Chicago, NYC, Boston, LA, etc., can go for over $25000 per year (more in the case of rental of inside equipment room).  On the other hand, renting space on a church steeple in the middle of a low population rural town, with the equipment installed in a gated paddock at ground level, may only net around $1500 per month.  A \"\"small cell\"\" site, which is actually small enough to put on a lamp post or utility pole, can go for around $250-750 per month.  A turf contractor/tower vendor actually leasing a chunk of land to build a structure whose space will be leased out to telecoms should be expected to pay between $2500 and 8000 per month depending on the value of your site.  This value is determined by land form details like elevation, nearby tall forests (can the tower \"\"see\"\" over the tree line), terrain contours, and need (local population/tourist/traveler numbers).  Carriers prefer to lease from vendors rather than building their own structures, but roof top sites are a different story.  Carriers are generally more than happy to work with you to lease a portion of your tall building's roof.  FYI...  If they offer to compensate you for the electrical requirements if they cannot get their own meter in, don't worry.  A cell site uses less than 1000 watts, which translates to about $.10-15 per hour in most locations.\""}
{"_id": "7411", "title": "", "text": "\"Perhaps it's the terminology \"\"fee\"\" that makes it a little confusing. I'm not sure whether it's due legislation or if it's tradition but banks and money changers in my country don't charge \"\"fees\"\". Instead they advertise separate prices for buying and selling money. For example they'd normally advertise: USD, we buy: 4.50, we sell: 4.65. It's a business. Just like selling cars or lemonade selling money only makes sense if you sell it at a higher price than what you bought it for. Regardless of what you call it it's the profit margin for the seller.\""}
{"_id": "7423", "title": "", "text": "\"If you sell an asset for more than you paid for it, the excess amount realized is called a capital gain and is generally considered a form of income for tax purposes. Generally, one pays income tax on realized capital gains, unless the sale is exempt\u2014such as the sale of one's principal residence. Capital gains tax can also be avoided or deferred by holding assets in a tax-advantaged investment account like a TFSA or RRSP. When taxable, the effective income tax rate on capital gains income is half the normal rate due to the capital gains inclusion rate. Capital gains income is generally not considered to be employment, \"\"earned\"\", or \"\"working\"\" income. However, individuals who, say, trade stocks frequently and earn a substantial portion of their income that way may have their gains considered employment income and subject to regular income tax instead of the better rate. I suggest you contact Service Canada and ask them about the impact of a one-time sale of personal property that would result in a realized capital gain. While you would owe income tax on the capital gain, it might not have any impact on your disability benefits, because it would not be earned or employment income. You should also check with your private insurer; they may also consider the sale a capital gain and not employment income, however, only they would be able to tell you for sure whether it would have any possible effect on your benefits.\""}
{"_id": "7428", "title": "", "text": "&gt; How do I guarantee that people are held liable for damages and/or trying to steal the stuff? Would a credit card number be sufficient?  This might belong more in /r/entrepreneur or /r/business, however... you could do a few things:  1. The renter's agreement can (and imo should) include language that obligates the renter to pay for damaged goods and/or stipulates a fixed charge for non-return.   2. As part of the terms to rent, you can demand a credit card hold as part of the renter's agreement.   3. You can insure your rented goods, either in addition to the above or as an alternative (note: because the goods will be changing hands multiple times throughout its life, there is a higher chance of insurance claims. This fact will likely mean higher insurance payments)."}
{"_id": "7432", "title": "", "text": "Possibly not relevant to the original asker, but in the UK another advantage of using a credit card is that when making a purchase over \u00a3100 and paying by credit card you get additional protection on the purchase which you wouldn't get when paying by debit card. E.g. if you buy something costing \u00a3100 and the company goes bust before it's delivered, you can claim the money back from the credit card company.  Whereas if you paid by debit card, you would potentially lose out. This protection is a legal requirement under Section 75 of the Consumer Credit Act 1974."}
{"_id": "7507", "title": "", "text": "\"I lived in Europe for 18 years. I had better care there than in the US for what I paid. Also, under the current system, taxpayers pay more to the government for healthcare than in other countries which have universal healthcare.   Additionally, those 46% who don't pay taxes either have shit jobs or can afford a good accountant. A janitor or other \"\"low skill, low level\"\" worker isn't going to pay taxes because he's not making enough. Recent college graduates cannot afford a all around healthcare insurance because they don't have the money.   You live in an economic society where every class level is inter-dependent. Paying them shit and telling them the society as a whole shouldn't help them is very selfish and short term sighted.\""}
{"_id": "7513", "title": "", "text": "\"Try it on a Kindle or eBook reader. I used to think this way about eBooks. Was too much of a purist. I'd had experience reading from iPads and computers. It's seriously a huge difference. The Kindle doesn't strain, it's light, can fit in (larger) pockets, and is incredibly handy. The battery life lets it stay on for days at a time as well. Battery isn't a huge issue unless you plan to be stranded on an island sometime soon.  The library thing I suppose is an aesthetic thing. You could always just look through your book list on a Kindle as well. That way you save some room in your house? But I suppose some people just \"\"want\"\" a library to have - I can empathize.\""}
{"_id": "7540", "title": "", "text": "Easier to copy paste than type this out. Credit: www.financeformulas.net Note that the present value would be the initial loan amount, which is likely the sale price you noted minus a down payment.   The loan payment formula is used to calculate the payments on a loan.   The formula used to calculate loan payments is exactly the same as the   formula used to calculate payments on an ordinary annuity. A loan, by   definition, is an annuity, in that it consists of a series of future   periodic payments. The PV, or present value, portion of the loan payment formula uses the   original loan amount. The original loan amount is essentially the   present value of the future payments on the loan, much like the   present value of an annuity. It is important to keep the rate per period and number of periods   consistent with one another in the formula. If the loan payments are   made monthly, then the rate per period needs to be adjusted to the   monthly rate and the number of periods would be the number of months   on the loan. If payments are quarterly, the terms of the loan payment   formula would be adjusted accordingly. I like to let loan calculators do the heavy lifting for me. This particular calculator lets you choose a weekly pay back scheme. http://www.calculator.net/loan-calculator.html"}
{"_id": "7560", "title": "", "text": "They offset pay a week. So this year GE employees get paid for 51 weeks. They still get paid for that week, when they stop working, but it just made that one quarter look good by reducing wages by one week.  GE digital is mostly rebranding existing projects. They spent more on commercials than actual development. They won't hire/pay actual software people because they're too expensive. So try to have hardware manufacturing people develop software products.  They are constantly gaming the vouchering. Like... To am absolutely insane degree. All to make the numbers work out just so. Some powerful executives are clearly obsessed. It doesn't help deliver products customers want on time with a profit. It just makes things look good while workers struggle to follow the random rules.  Jeese. There's tons I'm not remembering. GE has been doing the cut costs to pay dividends for years. For a company that depends on long lead time technological industry, cutting costs to make your numbers isn't a long term solution."}
{"_id": "7561", "title": "", "text": "The role of the market maker is to make sure there is a bid and ask on a particular stock.  That's it.  The market maker ensures that there is a price at which you can buy and a price at which you can sell immediately, but these are not necessarily the best prices.  The majority of trades do not involve market makers and occur between two third parties. Whoever said a market order trades with the market maker is thinking of the way stock markets were years ago, not the way they are now. Market orders are supposed to execute immediately and at one time trading with the market makers was the method for executing immediately. If you issue a market order today, it executes with the best available limit order(s) on the other wide of the trade.  This may or may not involve a party that identifies as a market maker."}
{"_id": "7568", "title": "", "text": "Depends on the logo and the company. Chrome bags I love, and they put their logo on the buckle and the the bag in a tasteful way. They are cyclist oriented and supportive of the community. One company that I love the products of that advertise too much is Rapha, but on some of their clothes the logo/name is actually buttoned on and is removable. If the design is going to take up most of my shirt, it is probably because it is for a band I support (friends' bands most likely). Hopefully that helps with your understanding."}
{"_id": "7575", "title": "", "text": "If given the option of up front or monthly, here are some scenarios where it would be beneficial to pay the lease up front instead of monthly (neither of which are affected by inflation): Barring the above scenarios or some reason you don't want to keep money around (such as if you have some sort of addiction causing you to spend money, or you have an imminent lawsuit which will take all of your money), you are better off paying monthly."}
{"_id": "7587", "title": "", "text": "I don't follow that at all, I don't think those are all complete sentences. And do you think there's only one tax bracket?  But from your first sentence, it seems like you're saying that the government says it's reducing inequality when it actually isn't. So why are you upset about how they're reducing inequality?"}
{"_id": "7593", "title": "", "text": "@Joe.E, I disagree with your logic. The IPO clearly didn't go well--not relative to other IPOs.  Were it not for the stocks underwriters stepping in late in the trading day, Facebook would likely have closed below their opening price. This story and others indicate that institution investors were given negative information by an analyst for the underwriters that other investors didn't have.  This inside knowledge is certainly contributing to the drop in the stock.  It's fair to argue that many individual investors were suckered into buying the stock at the IPO price because of this incomplete disclosure. It wouldn't surprise if what's happens has a negative impact on future trading volume, and creates reluctance to invest in the firm--which would certainly be an additional negative outcome beyond the dropping stock price. Edit: Dilip mentioned a lawsuit.  Here's a link to an article about it."}
{"_id": "7597", "title": "", "text": "So, in general, pay to the higher interest rate.  Some contrived reasons you would want to pay your auto  loan more could be:"}
{"_id": "7603", "title": "", "text": "Personally, I think it's a bad practice, because ultimately using cards for such minuscule transactions raises costs for everyone, especially at merchants whose average transaction is small. How does carrying cash improve your personal security? If someone is going to mug you, they do not know in advance whether you have money or not."}
{"_id": "7611", "title": "", "text": "I'm normally a fan of trying to put all the relevant info in an answer when possible, but this one's tough to do in one page.    Here's the best way, by far to learn the basics: The OIC (Options Industry Council) has a great, free website to teach investors at all levels about options. You can set up a learning path that will remember which lessons you've done, etc.  And they're really, truly not trying to sell you anything; their purpose is to promote the understanding and use of options."}
{"_id": "7619", "title": "", "text": "\"The author introduced himself as not being a financial analyst so that, apparently, absolved him of even considering the numbers.  The HP presenters struck him as \"\"straight shooters\"\".  I think he should have just wrote those two sentences and moved on to his next assignment.\""}
{"_id": "7625", "title": "", "text": "For now, park it in a mix of cash and short term bond funds like the Vanguard Short Term Investment Grade fund. The short term fund will help with the inflation issue. Make sure the cash positions are FDIC insured. Then either educate yourself about investing or start interviewing potential advisors. Look for referrals, and stay away from people peddling annuities or people who will not fully disclose how they get paid. Your goal should be to have a long-term plan within 6-12 months."}
{"_id": "7632", "title": "", "text": "You should ask a CPA or tax lawyer to what extent living in specific housing provided by the employer as a job requirement is exempt from taxation.  You might find a nice surprise.  Your tax professional can also help you to report the items properly if mis-reported. Much of this is in the article you cite in the question, but perhaps a look at some of the original sources is warranted and will show why some expert advice might be useful.  I would argue that an RA who is required to police and counsel undergrads in a college dorm in exchange for a room or a flat is closer to a worker with quarters on a ship or at an oil well than a full professor who receives a rental home in a neighborhood near the university as a benefit.  In the first case living at the provided premises is necessary to do the job, but in the second case it is merely a benefit of the job.   The IRS Publication 15-B guidance on employer provided housing  is not entirely clear, so you might want to get some additional advice: Lodging on Your Business Premises You can exclude the value of lodging   you furnish to an employee from the employee's wages if it meets the   following tests. It is furnished on your business premises. It is furnished for your convenience. The employee must accept it as a condition of employment. Different tests may apply to lodging furnished by educational   institutions. See section 119(d) of the Internal Revenue Code for   details. If you allow your employee to choose to receive additional pay instead   of lodging, then the lodging, if chosen, isn\u2019t excluded. The exclusion   also doesn't apply to cash allowances for lodging. On your business premises.   For this exclusion, your business   premises is generally your employee's place of work. For example, if   you're a household employer, then lodging furnished in your home to a   household employee would be considered lodging furnished on your   business premises. For special rules that apply to lodging furnished   in a camp located in a foreign country, see section 119(c) of the   Internal Revenue Code and its regulations.  For your convenience.   Whether or not you furnish lodging for your convenience as an employer   depends on all the facts and circumstances. You furnish the lodging to   your employee for your convenience if you do this for a substantial   business reason other than to provide the employee with additional   pay. This is true even if a law or an employment contract provides   that the lodging is furnished as pay. However, a written statement   that the lodging is furnished for your convenience isn't sufficient. Condition of employment.   Lodging meets this test if you require your   employees to accept the lodging because they need to live on your   business premises to be able to properly perform their duties.   Examples include employees who must be available at all times and   employees who couldn't perform their required duties without being   furnished the lodging.   It doesn't matter whether you must furnish   the lodging as pay under the terms of an employment contract or a law   fixing the terms of employment. Example of qualifying lodging. You employ Sam at a construction project at a remote job site in   Alaska. Due to the inaccessibility of facilities for the employees who   are working at the job site to obtain lodging and the prevailing   weather conditions, you furnish lodging to your employees at the   construction site in order to carry on the construction project. You   require that your employees accept the lodging as a condition of their   employment. You may exclude the lodging that you provide from Sam's   wages. Additionally, since sufficient eating facilities aren\u2019t   available near your place of employment, you may also exclude meals   you provide to Sam from his wages, as discussed under Meals on Your   Business Premises , later in this section. Example of nonqualifying lodging. A hospital gives Joan, an employee of the hospital, the choice of   living at the hospital free of charge or living elsewhere and   receiving a cash allowance in addition to her regular salary. If Joan   chooses to live at the hospital, the hospital can't exclude the value   of the lodging from her wages because she isn't required to live at   the hospital to properly perform the duties of her employment. One question would be how the conflict with IRC 119(d) is resolved for someone who must live in the dorm to watch over the dorm and its undergrads. Here's 26USC119(d) from LII: (d) Lodging furnished by certain educational institutions to employees (1) In general  In the case of an employee of an educational   institution, gross income shall not include the value of qualified   campus lodging furnished to such employee during the taxable year. (2)   Exception in cases of inadequate rent Paragraph (1) shall not apply to   the extent of the excess of\u2014 (A) the lesser of\u2014 (i) 5 percent of the   appraised value of the qualified campus lodging, or (ii) the average   of the rentals paid by individuals (other than employees or students   of the educational institution) during such calendar year for lodging   provided by the educational institution which is comparable to the   qualified campus lodging provided to the employee, over (B) the rent   paid by the employee for the qualified campus lodging during such   calendar year. The appraised value under subparagraph (A)(i) shall be   determined as of the close of the calendar year in which the taxable   year begins, or, in the case of a rental period not greater than 1   year, at any time during the calendar year in which such period   begins.  (3) Qualified campus lodging For purposes of this subsection,   the term \u201cqualified campus lodging\u201d means lodging to which subsection   (a) does not apply and which is\u2014 (A) located on, or in the proximity   of, a campus of the educational institution, and (B) furnished to the   employee, his spouse, and any of his dependents by or on behalf of   such institution for use as a residence.  (4) Educational institution, etc. For purposes of this subsection\u2014 (A) In generalThe term   \u201ceducational institution\u201d means\u2014 (i) an institution described in   section 170(b)(1)(A)(ii) (or an entity organized under State law and   composed of public institutions so described), or (ii) an academic   health center. (B) Academic health centerFor purposes of subparagraph   (A), the term \u201cacademic health center\u201d means an entity\u2014 (i) which is   described in section 170(b)(1)(A)(iii), (ii) which receives (during   the calendar year in which the taxable year of the taxpayer begins)   payments under subsection (d)(5)(B) or (h) of section 1886 of the   Social Security Act (relating to graduate medical education), and   (iii) which has as one of its principal purposes or functions the   providing and teaching of basic and clinical medical science and   research with the entity\u2019s own faculty."}
{"_id": "7645", "title": "", "text": "&gt; they've cut back on so many expenses it's just not what it used to be  My guess is the changes were incremental. Individually each cut back probably didn't seem like a big deal to corporate at the time. But it keeps adding up and create a vicious cycle -- the more cuts they make the crappier their food tastes and they make less money and therefore have to make more cuts."}
{"_id": "7661", "title": "", "text": "As the population is growing the diseases are also growing on mass levels. There are many vital reasons cold be responsible for occurrence of ailments and disease. Most of them are Viruses which come from pollution, drain and inter nation viral effected diseases, to be named as swine flu and bird flu. Virus is small particles that can infect the cells of a biological organism."}
{"_id": "7668", "title": "", "text": "If you are living at home as an adult, then you should be paying your fair share and contributing to the household expenses. You said your parents have loans to pay for that was part of your expenses to go to college. As an adult, you should be paying your parents back for the loans they took out on your behalf. You are a responsible person, it sounds like. Therefore, you need to finish restoring your parent's financial position first before moving out or transfer the loans that are actually yours back to you. Your college education and financial duties are your responsibility. Basically, if you are an adult you should move into your own place in a responsible way or stay at home while contributing to your parent's financial household status in a mutually beneficial way of shared responsibility.  Remember, healthy adults take care of their lives and share in paying for the expenses required to live."}
{"_id": "7712", "title": "", "text": "Here is a simple example of how daily leverage fails, when applied over periods longer than a day. It is specifically adjusted to be more extreme than the actual market so you can see the effects more readily. You buy a daily leveraged fund and the index is at 1000. Suddenly the market goes crazy, and goes up to 2000 - a 100% gain! Because you have a 2x ETF, you will find your return to be somewhere near 200% (if the ETF did its job). Then tomorrow it goes back to normal and falls back down to 1000. This is a fall of 50%. If your ETF did its job, you should find your loss is somewhere near twice that: 100%. You have wiped out all your money. Forever. You lose. :) The stock market does not, in practice, make jumps that huge in a single day. But it does go up and down, not just up, and if you're doing a daily leveraged ETF, your money will be gradually eroded. It doesn't matter whether it's 2x leveraged or 8x leveraged or inverse (-1x) or anything else. Do the math, get some historical data, run some simulations. You're right that it is possible to beat the market using a 2x ETF, in the short run. But the longer you hold the stock, the more ups and downs you experience along the way, and the more opportunity your money has to decay. If you really want to double your exposure to the market over the intermediate term, borrow the money yourself. This is why they invented the margin account: Your broker will essentially give you a loan using your existing portfolio as collateral. You can then invest the borrowed money, increasing your exposure even more. Alternatively, if you have existing assets like, say, a house, you can take out a mortgage on it and invest the proceeds. (This isn't necessarily a good idea, but it's not really worse than a margin account; investing with borrowed money is investing with borrowed money, and you might get a better interest rate. Actually, a lot of rich people who could pay off their mortgages don't, and invest the money instead, and keep the tax deduction for mortgage interest. But I digress.) Remember that assets shrink; liabilities (loans) never shrink. If you really want to double your return over the long term, invest twice as much money."}
{"_id": "7733", "title": "", "text": "Options that are not worth exercising just expire. Options that are worth exercising are typically exercised automatically as they expire, resulting in a transfer of stock between the entity that issued the option and the entity that holds it. OCC options automatically exercise when they expire if the value of the option exceeds the transaction cost for the stock transfer (1/4 point to 3/4 point depending)."}
{"_id": "7743", "title": "", "text": "\"So, yes, you may be having the inevitable epiphany where you realize that options can synthetically replicate the same risk profile of owning stock outright. Allowing you to manipulate risk and circumvent margin requirement differences amongst asset classes. Naked short puts are analogous to a covered call, but may have different (lesser) margin requirements. This allows you to increase your risk, and the broker has to account for that. The broker's clientele might not understand all the risks associated with that much leverage and so may simply consider it risky \"\"for your protection\"\"\""}
{"_id": "7748", "title": "", "text": "\"For your first question, the general guidelines I've seen recommended are as follows: As to your second question, portfolio management is something you should familiarize yourself with.  If you trust it to other people, don't be surprised when they make \"\"mistakes\"\".  Remember, they get paid regardless of whether you make money.  Consider how much any degree of risk will affect you.  When starting out, your contributions make up most of the growth of your accounts; now is the time when you can most afford to take higher risk for higher payouts (still limiting your risk as much as possible, of course).  A 10% loss on a portfolio of $50k can be replaced with a good year's contributions.  Once your portfolio has grown to a much larger sum, it will be time to dial back the risk and focus on preserving your capital.   When choosing investments, always treat your porfolio as a whole - including non-retirement assets (other investment accounts, savings, even your house).  Don't put too many eggs from every account into the same basket, or you'll find that 30% of your porfolio is a single investment.  Also consider that some investments have different tax consequences, and you can leverage the properties of each account to offset that.\""}
{"_id": "7755", "title": "", "text": "The outsourcing was mainly to secure buy contracts from national airlines in subcontracted countries.  Give Mitsubishi a few contracts and see JAL and ANA buy a bunch of the new planes.  Japanese people get told again and again, through the broadcast networks that act as propaganda machines, that Japanese engineering and craftsmanship was necessary in the building of the plane.  Everybody wins!   It was mostly the salespeople telling the engineers how to make the plane."}
{"_id": "7765", "title": "", "text": "Let me tell you about a country called South Korea that was totally devastated after the Korean War, but even though almost everybody was living in poverty after the war, parents made every effort to educate their children, and now South Korea is the 12th largest country by GDP.  It isn't the lack of money that is the problem. It is the lack of parents who care and in many cases, it is just the lack of parents. Disproportionately, kids in juvenile detention centers are missing at least one parent from their home or lack parents who care. No amount of money or nanny state legislature will make a significant dent in this problem or this problem would have been solved long ago. Unless we go full blown North Korean style brain washing authoritarianism, the problem, responsibility and solution lies with the people."}
{"_id": "7766", "title": "", "text": "Who cares? If your card gets stolen, most cards provide you with 100% liability protection. Just sign the thing!"}
{"_id": "7774", "title": "", "text": "Well, you could replace it with.. itself! Microsoft Money Plus Sunset versions The Microsoft Money Plus Sunset versions are replacements for expired versions of Microsoft Money Essentials, Deluxe, Premium, and Home and Business. They allow existing customers to use MoneyPlus to continue accessing their data. Changes to the new versions include file conversions from older versions of Money, no required activation, no online services and no assisted support. Microsoft Money Plus Sunset is available now. Download at: http://www.microsoft.com/money/sunset.mspx"}
{"_id": "7778", "title": "", "text": "Online shopping trend is a form e-commerce where consumers or retailer buy/sell products on internet in few time and more conveniently. This is the technique which gives flexibility to buy or sell products on internet without visiting so far shops and this technique spreading day by day."}
{"_id": "7796", "title": "", "text": "\"Okay, so...  &gt; Lifting* the offer (hit bids, lift offers). And I suppose that's a stategy, albeit a somewhat simple one. Passive routing strategies differ from firm to firm and algo to algo. What is your customer going to think if you bid up a new price level only for the stock to rally completely away from it?  I mean if you have an open order for more than 10 times the amount currently offered with a limit above the offer, and you havent gotten filled on the bid, what can you do but lift the offer and try to be first at the next price level up? At least you would have gotten some at the price they quoted, or are they fill or kill?  &gt; \"\"Bidding it up to attract sellers\"\" sounds an awful lot like spoofing, just a heads up. Sure though, if you want to tighten a spread or create new levels with aggressive passive liquidity, that is a strategy. The same caveats as I mentioned above apply.  Just to be clear, 'aggressively adding passive liquidity' is the more apt way to put it - I'm talking about when you actually want to get filled on those bids but you're having trouble finding sellers.  Could you give me an example of what you might consider passive or aggressive, just for scale - would a mkt impact of .10% raise any eyebrows? How do you gauge fair value or does that matter less to you than just accumulating/selling what you can for what you were asked to?  &gt; Anyway, if market impact isn't an issue for the customer, sure, take liquidity until you're filled. Don't forget about getting good size done in the opening and closing auctions (MOO/MOC). If you're too passive you risk the market moving away from you and pissing off the customer. If you're too aggressive you risk moving the market too much and pissing off the customer.  So then is the question more 'how motivated is the buyer or seller?'  I'm glad you bring up the MOO/MOC, are there certain securities that don't have much of a market in those auctions?  Trying to suss out how a large firm can hold a position in some of the less popular names with next to no liquidity and little in the way of dark pool, auction, block sales, etc.\""}
{"_id": "7814", "title": "", "text": "\"If you are a \"\"small\"\" investor (namely, not an accredited investor), then the transaction costs (commissions) for purchasing the stocks while attempting to duplicate DJIA will defeat any benefit. My personal preference is to purchase mutual funds rather than ETFs.\""}
{"_id": "7818", "title": "", "text": "Yeah, I get the logic of what you are saying, because his comments are really ambiguous, but his argument is pointing the other way. So what he ACTUALLY means by driving capital overseas is that other countries are seeing greater economic growth overall, and therefore better investment returns (that's why capital is fleeing), but it's because US growth is badly constrained.  It's constrained because the Republican stranglehold on Congress is preventing government investment that will support greater corporate growth.  I wish he would say it more clearly, but from the context of his comments here (and elsewhere), this is what he means.  He is not reversing his former views, but amplifying them."}
{"_id": "7831", "title": "", "text": "I'd suggest waiting until a bit after you are married. To Eagle1's point, even $23,000 is not a huge sum of money.  You didn't make any mention of a desire to buy a home, but if that becomes part of the plan, I'd want every cent of liquidity I can get. I wrote Student Loans and Your First Mortgage to explain why your buying power for the house is lowered by paying that loan. In your case, $5000 is 20% of $25000. For a good 20% down purchase, I'd want those funds available. You also don't mention retirement accounts. Depending on the home purchase timing, I'd start to think about putting aside at least the $5500 per year IRA/Roth IRA maximum."}
{"_id": "7835", "title": "", "text": "My theory, if you must be in debit, own it at the least expense possible. The interest you will pay by the end, combined with the future value of money. Example: The Future value of $3000 at an effective interest rate of 5% after 3 years =$3472.88 Present value of $3000 at 5% over 3 years =$2591.51 you will need more money in the future to pay for the same item"}
{"_id": "7845", "title": "", "text": "\"These days almost all risky assets move together, so the most difficult criterion to match from your 4 will be \"\"not strongly correlated to the U.S. economy.\"\"  However, depending on how you define \"\"strongly,\"\" you may want to consider the following: Be careful, you are sort of asking for the impossible here, so these will all be caveat emptor type assets. EDIT: A recent WSJ article talks about what some professional investors are doing to find uncorrelated bets. Alfredo Viegas, an emerging-markets strategist for boutique brokerage Knight Capital Group, is encouraging clients to bet against Israeli bonds. His theory: Investors are so focused on Europe that they are misjudging risks in the Middle East, such as a flare-up in relations between Israel and Iran, or greater conflict in Egypt and Syria. Once they wake up to those risks, Israeli bonds are likely to tumble, Mr. Viegas reasons. In the meantime, the investment isn't likely to be pushed one way or another by the European crisis, he says.\""}
{"_id": "7882", "title": "", "text": "Well kind of hard to give an answer without seeing the underlying syllabus, but judging by the title of the majors here's what the career paths *might* be.  Personal Financial Planning generally leads to a career in financial planning wherein clients come to you and explain to you their future goals and you have to devise an investment plan which adheres to their assets and liabilities structure. I'm getting a sense that the major is a precursor to the CFP certification; so check out the CFP Board's website.  Finance Major is *probably* the major which leads to a career in investment banking or investment management (wherein you'll probably deal with institutional clients rather than individuals).  It's worth noting that the two majors probably share courses."}
{"_id": "7904", "title": "", "text": "I see a lot of comments on reddit from people about how they just bought a house. A lot of people still have a post 2008 bust mindset about the world, ideas such as house values always rise, an education is always worth it, always max out your 401k, etc."}
{"_id": "7915", "title": "", "text": ""}
{"_id": "7925", "title": "", "text": "\"That is a great distinction you bring up: Has the Don filed for personal BK or Corp bk?  In April of 2011, The Wall Street journal [asked him](http://blogs.wsj.cccom/washwire/2011/04/11/trump-will-probably-run-as-independent-if-he-doesnt-win-gop-nomination/): Should someone who filed for bankruptcy multiple times be running national finances at a time when we have a big debt problem?  His Answer?  \"\"I've never filed for bankruptcy.\"\"  ...um... to say the LEAST this is semantics, I would classify it as an outright lie.  I say that because he slaps the name on EVERYTHING, he is the President, CEO, Chairman of the Board - he is responsible (until things go south) then the investors and debtors are left with an empty shell.  Here are some examples:  * Trump Plaza Hotel bankruptcy \u2013 On Nov 2, 1992, Trump's Plaza Hotel was forced to file Chapter 11 bankruptcy protection after being unable to make its debt payments. Under the plan, Trump agreed to give up a 49% stake in this luxury hotel to Citibank and five other lenders.   * Trump Shuttle closure \u2013 The Trump Shuttle became no more when it merged with Shuttle Inc, operating as USAir Shuttle in 1992.  * Donald Trump personal bankruptcy \u2013 By 1994, Trump slashed a large portion of his $900 million personal debt and washed away $3.5 billion in his portfolio's business debt.  * Trump Hotels &amp; Casino Resorts' bankruptcy \u2013 On November 21, 2004 Trump's company filed for bankruptcy. Trump said the filing was \"\"really just a technical thing\"\" as the best way to implement a restructuring plan.  * Donald Trump personal bankruptcy (again) \u2013 Once again, Trump filed for personal bankruptcy protection and restructured his debt in 2004.  * Taj Mahal bankruptcy \u2013 On November 22, 2006 Donald J. Trump\u2019s casino empire filed for bankruptcy protection after months of negotiations with bondholders over restructuring a crushing debt.  * GoTrump.com \u2013 Donald Trump's online travel search engine was launched in 2006. Just a year later it folded.  * Trump 29 Casino \u2013 Now known as Spotlight 29 Casino because Donald Trump's ownership/management involvement ended in 2006).  * Donald Trump Ocean Resort Baja \u2013 This Mexican resort was never built and investor's deposits (up to $500,000.00) have not been returned. Trump claims these buyers are \u201clucky\u201d because they would have lost more money in a tanking market had the projects been actually built.  * Trump Towers Tampa \u2013 Trump is being sued right now in Tampa, Florida for taking deposits on a 52-story condo tower that he never built. None of the buyers got their $45,000 deposits back. And in an ironic twist, initial sales of this condo were so successful that all deposits were returned to charge a higher price.  * Trump International Hotel and Tower Chicago \u2013 Trump built the second tallest building in Chicago\u2026 he also defaulted on a $40 million loan. Rather than having to pay the bank loan, Trump demanded the same bank should pay him $3 billion for \"\"undermining the project and damaging his reputation.\"\"  * Trump Magazine \u2013 Trump's private-labeled publication (which was aimed at affluent readers in major US markets) suffered from sagging ad sales. It folded on May 19, 2009. This was Trump's third failed attempt at offering a magazine bearing his name.  * Trump International Hotel &amp; Tower New Orleans \u2013 If constructed, this Trump Tower would become the tallest building in the city of New Orleans and the state of Louisiana at 70 stories high. But the project was put on hold in February of 2009.  * Trump Entertainment Resort Holdings bankruptcy \u2013 On February 17, 2009 casino operator Trump Entertainment Resorts Inc filed for Chapter 11 bankruptcy protection (with a debt ratio of $50 million in assets to his $500 million in debt).  * Donald Trump SoHo Hotel Condominium \u2013 Donald Trump was sued for fraud over his New York SoHo condo offering in 2010. The lawsuit by 15 plaintiffs alleged that during the first 18 months of marketing, Trump advertised that the building was \"\"30, 40, 50, 60 percent or more sold\"\" when in fact just 16% of the units were sold.  * Trump Ocean Resort Baja Mexico \u2013 Instead of a 525-unit luxury vacation home complex with pools and tennis courts, this project is shaping up to be a legal battle with a big hole in the ground. Dozens of angry buyers sued Trump for failing to complete the project. Trump claims he only lent his name to the project (and it was the developers who allowed the project to fail).  * Trump International Hotel &amp; Tower Fort Lauderdale \u2013 Construction was to be completed by the end of 2009 featuring 298 hotel condominium units. Having defaulted on a $139 million loan, Donald Trump announced in November of 2010 he was no longer affiliated with the project.  * Trump International Hotel &amp; Tower Las Vegas \u2013 Through the end of February 2010, the 1,282-unit condominium hotel had only closed on 302 units. That equates to a 23.6% vacancy rate. It was forced into renting out the building as apartments.  * Trump International Hotel &amp; Tower in Dubai \u2013 This 62-story mixed-used building on the Palm Jumeirah\u2019s Golden Mile was first announced in 2005. Construction was never started and the $2.9 billion project had been canceled and replaced with a shopping mall.  So, back to your distinction - has he filed for personal BK?  No.  Has he filed for personal BK protection while he reorganized debt - YES.  Does he manipulate the Corporate BK laws by playing a Corp shell game and filing for BK protection - Yes.  Is it smart business?  Or a scam?   TL:DR - Magnets Bitch!  *Edit for formatting\""}
{"_id": "7926", "title": "", "text": "This is interesting.  The application I'm putting together is more along the lines of automating the research process for a financial professional using a personal algorithm of his.  The end goal is to provide him an alert to email when a new report is filed and if his criteria are met based on that report and past reports.  Thanks anyway."}
{"_id": "7928", "title": "", "text": "I doubt it. If you have a good track record with your car loan, that will count for a lot more than the fact that you don't have it anymore. When you look for a house, your debt load will be lower without the car loan, which may help you get the mortgage you want. Just keep paying your credit card bills on time and your credit rating will improve month by month."}
{"_id": "7944", "title": "", "text": "\"I added \"\"Shared money in account\"\" (SMIA) as sub-account of my bank checking (CA) account and moved current difference to that account so total of CA was not changed but now private and shared money is separated. My cases would be handled the following The only downside I see is that now my balance in CA transaction log do not match exactly with bank so reconciliation will be slightly harder.\""}
{"_id": "7951", "title": "", "text": "~~Most checks don't.~~  Edit: I've definitely seen checks cashed way beyond 90-120 days. I don't have extensive knowledge of the rules though. Regardless, it's not like Floyd magically loses is pay if he doesn't cash the check in time."}
{"_id": "7969", "title": "", "text": "If you don't want to pay much attention to your investments, target date funds -- assuming you find one (like Vanguard's) with no management fees beyond those acquired from the underlying funds -- are usually a great choice: when the target date is far off, they invest almost entirely (usually 90% or so) in (mutual funds that in turn consist of many) stocks, with the remainder in bonds; as the date gets closer, the mix is automatically shifted to more bonds and less stocks (i.e. less risk, but less potential return too)."}
{"_id": "7981", "title": "", "text": "\"Hey, I hear ya on this situation. I also graduated from a good school (Finance/Comp Sci) with a mediocre GPA and had difficulty securing a full time position in finance. My best advice is to network the shit out of alumni you can connect to through LinkedIn or your schools alumni network homepage. People are MUCH more open to talking than you would typically think.  Like your friends said, getting into IBD as an analyst is ideal as it gives you a great line on your resume, shows you worked hard, and has amazing training. Now comes the really shitty part of this conversation, if you've already graduated college, it's next to impossible to get into a bulge bracket as an analyst. Your best bet in this case would be to try to get into a mid-cap or boutique IB and work your way from there. Again though, networking means 100x more than anything else.  Now the good news, investment research is very different from investment banking. Yes, equity research is within an investment bank (sell-side and buy-side), but it is very different from investment banking (see Chinese Walls). It's easier to make the transition into research without formal recruiting than it is to get into IB directly.  Couple things to keep in mind, KNOW THE DIFFERENCE BETWEEN SELL-SIDE AN BUY-SIDE. I'm not talking about just one buys stuff the other tries to get you to buy it. I'm talking about conflicts of interest on the sell-side, personalities, types of research, what your role entails, org structure, etc. SELL-SIDE IS EXTREMELY DIFFERENT THAN BUY-SIDE!! Buy-side is MUCH less flexible than sell-side in recruiting, also. Do you currently own stocks, trade, track stocks all day long, etc.? If the answer is no to any of those, buy-side is really really hard. They want people who live and breath investing, markets, news, companies, because that's what they do. Also, training is effectively non-existent on the buy-side due to the size of the shops (some can have $10b with 10 people including admins).   Now lets talk sell-side. This is where I'd recommend you put your resources if you're really passionate about it. They tend to hire people without experience more often into entry-level jobs (b/c most are larger investment banks that use research to promote underwriting/investment business). Also, you need to have a pitch, but not as extensive as on the buy-side (those 1-2 pagers I talked about). The best advice I can offer is to hop on a Bloomberg/TR/CapIQ terminal if you can and just start finding email addresses of sell-side analysts (they publish them in their reports), and start writing the analysts directly expressing your interest in the business and your desire to talk with them. Be frank about where you are in your career, but show a true passion for research, and that you are \"\"hungry.\"\" Attach your resume and keep the email short, a few sentences with maybe some bullets about how you could help that company. Spend the time to personalize it to that person. Follow up with a phone call in 1-2 weeks. They will appreciate the candidness and  you'll find them to be very receptive.  Even if these analysts don't have a job available right there, if they like you, they will pass you on to someone who might. This is how networking works, that guy might not have a job, but someone is always hiring, and its a tight knit community.  The other option is to work for any finance firm in some role for 3-5 years then go back to get an MBA. With an MBA from a top school you can basically transition into anything.   PM me if you ever want to talk over IM. I'd be happy to chat.\""}
{"_id": "7989", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.quantamagazine.org/in-game-theory-no-clear-path-to-equilibrium-20170718/) reduced by 95%. (I'm a bot) ***** &gt; His crucial, yet utterly simple, idea was that any competitive game has a notion of equilibrium: a collection of strategies, one for each player, such that no player can win more by unilaterally switching to a different strategy.  &gt; How do players get to equilibrium in the first place? In contrast with, say, a ball rolling downhill and coming to rest in a valley, there is no obvious force guiding game players toward a Nash equilibrium.  &gt; The new result says that economists can&amp;#039;t assume that game players will get to a Nash equilibrium, unless they can justify what is special about the particular game in question.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6oz36i/sounds_like_ouroboros_pos_is_right_on_the_money/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~173468 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **play**^#1 **equilibrium**^#2 **game**^#3 **Nash**^#4 **each**^#5\""}
{"_id": "7998", "title": "", "text": "ETFs are legally separate from their issuer, so the money invested should (the lines can get blurry in a massive crisis) be inaccessible to any bankruptcy claims. The funds assets (its shares in S&P500 companies) are held by a custodian who also keeps these assets separate from their own book. That said, if no other institution takes over the SPY funds the custodian will probably liquidate the fund and distribute the proceeds to the ETF holders, this is likely a less than ideal situation for the holders as the S&P500 would probably not be at its highest levels if State Street is going bankrupt (not to mention the potential taxation)."}
{"_id": "8000", "title": "", "text": "If you have any non-mortgage debt \u2013 e.g. a credit card, a line of credit, a student loan, or a car loan \u2013 then I would pay that down first.  The interest being paid on that kind of borrowed money likely exceeds what you could expect to earn in reasonable investments. If you don't have any non-mortgage debt, and your mortgage is large (e.g. thinking about it keeps you up at night, sometimes :-) then go for the the extra mortgage payment.  Also go for the mortgage if you're paying at a relatively high interest rate compared to what you could expect from investments. If your mortgage is small (e.g. it's going to be paid off in a few years) and at a relatively low interest rate, then I would choose the RRSP or TFSA. Unless you're in the top income tax bracket, I would favor the TFSA over RRSP \u2013 TFSAs were only introduced this year and any balance there already is likely tiny compared to the RRSP. For retirement, I'm aiming to have equal amounts of RRSP and TFSA money. One option you haven't mentioned is an RESP.  If you have children under the age of 18, your bonus could also be used to make next year's RESP contribution and qualify for the 20% matching Canada Education Savings Grant (CESG) from the government."}
{"_id": "8003", "title": "", "text": "Knowing the log return is useful - the log return can help you to work out the annual return over the period it was estimated - and this should be comparable between stocks. One should just be careful with the calculation so that allowance for dividends is made sensibly."}
{"_id": "8012", "title": "", "text": "It is worth noting first that interest and short-term dividends/capital gains are all taxed at the same rate. So all the investments below I mention (even savings accounts) will be taxed at the same rate.  Also, even short-term capital losses can often be harvested to reduce your tax rate in many countries. While it is worth paying attention to the taxes when investing in the short term the more important factor is how much risk that you can take or want to take with the money.  Most equity portfolios like the S&P index give a much higher risk that there will be much less in the account when you need to buy.  You generally have a higher expected return with equity but as you mention that return is very random over such a short period. Over such a short variable period many people will invest in short term bond-index funds or just keep the fund in a high-yielding savings account.  With the savings account your money is guaranteed.  Short term bond funds will have generally higher yields but a small chance you may lose money in the short term. Some people can trade short-term bond indices for free with their broker but if you can't be sure to include the trading costs when thinking about which investment to use as with how low yields are currently the fees may eat up any advantage you gain."}
{"_id": "8018", "title": "", "text": "I will answer this question broadly for various jurisdictions, and also specifically for the US, given the OP's tax home: Generally, for any tax jurisdiction If your tax system relies on periodic prepayments through the year, and a final top-up/refund at the end of the year (ie: basically every country), you have 3 theoretical goals with how much you pre-pay: Specifically, for the U.S. All information gathered from here: https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes. In short, depending on your circumstance, you may need to pay quarterly estimated tax payments to avoid penalties on April 15th. Even if you won't be penalized, you, may benefit from doing so anyway (to force yourself to save the money necessary by April 15th).  I have translated the general goals above, into US-specific advice:"}
{"_id": "8020", "title": "", "text": "Compared to a regular after tax savings account, there are several downsides of HsA: 1) many many fees by the bank - account opening fee, monthly maintenance fee, etc, up to $70/year 2) early withdrawal fee of now 20% of all the withdrawn monies. If you are in the 35% tax bracket, this will cost you %55 ---- they take more than half of your money if you make a mistake and must withdraw early for non-med purposes. There is no such downsides with regular savings accounts that are after tax. For more, see http://www.myvirtualschool.com/video/830/Attention:-Five-Secret-HSA-Account-Traps"}
{"_id": "8027", "title": "", "text": "Not really.  There are rules against subsidizing markets that inflict injury on like industries among WTO nations.  Bombardier is violating that rule by getting subsidies for commercial airliners.   Boeing gets government loans for Department Of Defense contracts, but not for commercial jets.  Canada has a bad habit of side stepping NAFTA and WTO guidelines and they're upset someone is finally calling them on it.  If Canada wants to subsidize markets that fellow WTO nations do not participate in, fine. They have that opportunity. Bombardier was not that."}
{"_id": "8028", "title": "", "text": "Yeah, there's no story of some kid from Canada uploading a video to YouTube for free and becoming an instant millionaire success. Oh, [wait](http://en.wikipedia.org/wiki/Justin_Bieber).  All that aside, you do have a somewhat valid point. Most new artists aren't going to make $1 million in a week releasing their standup. But the old model still needs to change and the greed in the entertainment industry needs to be quashed. They used to provide a good/ok service, but they've failed to innovate."}
{"_id": "8048", "title": "", "text": "I can't even remember the last time I tried buying a shoe at Foot Locker and they actually had my size.  No, I don't want you to place an online order for me that I can do myself when I get home."}
{"_id": "8057", "title": "", "text": "Actually, most insurance policies DON'T have a cash value if you don't make a claim.  The reason that some life insurance policies do this is that they are really tax sheltered investments posing as insurance.  With that in mind, the root of your question is really whether insurance premiums are wasted if you never make a claim. It really makes no difference if you are talking about EI, Auto, or Homeowner's insurance. My answer to that is no. What you are paying for when you buy insurance is financial risk avoidance. Look at it this way, you don't buy EI as an investment where you hope to get a return on your investment. You are buying the right to be protected against catastrophic financial difficulty associated with losing your job. Whether you claim it or not you did receive that protection. This is what drives me so crazy when I hear people talk about how an insurance company is ripping you off because you paid more in premiums than they paid out in benefits. Of course you did! If most people didn't pay in more than the company paid out there would be no financial interest for someone to form an insurance company."}
{"_id": "8060", "title": "", "text": "Sounds about right. From [Give Well](http://www.givewell.org/how-we-work/our-criteria/cost-effectiveness):  &gt; As of November 2016, the median estimate of our top charities' cost-effectiveness ranged from ~$900 to ~$7,000 per equivalent life saved (a metric we use to compare interventions with different outcomes, such as income improvements and averting a death) ."}
{"_id": "8063", "title": "", "text": "Not sure if your question is on topic, but the investment is only $9 because that is maximum amount of money the merchant ever needed to start up the business. He put in $9, started turning a profit, and never looked back."}
{"_id": "8082", "title": "", "text": "I am touched that you think I can start a civil war on reddit.\u00a0 You are a presumptuous fool and completely missed the point.\u00a0 I did not blame my employers for this country's oppressive monetary system.\u00a0 They did not design it, and they also struggle under it.\u00a0 Your incapacity for empathy of people who were not born lucky and have to struggle to make ends meet and live every day with financial worries is the asshole attitude of the rich fuckers of whom I speak.\u00a0 I am sure you enjoyed masturbating over your hallucinations about who you think I am.\u00a0 You must be one of privileged brats who has never applied for a job and has no idea what it takes to start or succeed in business if you think it is so easy.\u00a0 Or maybe you have stockholm syndrome and learned to enjoy taking it in the ass."}
{"_id": "8088", "title": "", "text": "Only having 1200 dollars sounds extremely dangerous and in my opinion is not a sound situation to intentionally put yourself into.   You have what, 11k total? That is roughly a rainy day fund, depending on your expenses and clarity of cash flow. I think you should keep that money in the bank as your new baseline. At least 10k of it. Don't touch that money unless you need to pay for an unexpected expense.  Now, you have $0 to work with, but a safe-ish cushion.   Then, and only then, should any extra money be used for either paying down the loan or tax advantaged accounts. A retirement account is probably the right long term financial choice. However, if it were me and I were (back) in that kind of situation, I would pay off the loan first, primarily for personal satisfaction, then start maxing retirement contributions."}
{"_id": "8100", "title": "", "text": "Exactly. Target has one of the most sophisticated IT/Inventory Management systems in the retail industry. They definitely knew about this and chose to allow it.   The fact that they renewed the deal, after it expired, with the same terms is further proof that they were OK with this behavior."}
{"_id": "8119", "title": "", "text": "Right because there aren't any electric cars in existence other than the Tesla.  Last time I checked there are at least 3 of them out there priced for normal consumption.  Either way your argument was already iterated in my comment if you had bothered to read it."}
{"_id": "8126", "title": "", "text": "Navy Federal Credit Union recently added this feature.  It is free for members  making a deposit to their personal checking account, though you have to be a member for at least 90 days to be eligible. I have an all-in-one printer with flatbed scanner and availed myself of the service a couple of days ago.  There wasn't any additional software involved as everything was done through the web browser, as shown the scan deposit demo.  The only problem I had was figuring out how to align the check for it to be scanned completely (had to place the check in the middle of the scanner, aligned lengthwise; that was more of a hassle to figure out that one would suppose). That was it.  I immediately received an e-mail confirmation that my deposit had been approved and processed. While Navy Federal's scan deposit FAQ is specific to them, of course, it is pretty comprehensive and gives one an idea of the general restrictions applied to the service."}
{"_id": "8129", "title": "", "text": "When you want to hire personal assistants, you must be sure that you are hiring in a trusted company or the person you talk to have been proven by a lot of people. You must be wise in choosing one because these people will handle some of your personal things and data."}
{"_id": "8135", "title": "", "text": "The charts suggest otherwise. Although most of the large gains were wiped out in 2008 and 2011, that doesn't include the substantial dividends you are likely to get with financials. They still returned a positive percentage and some outperformed benchmark indices over time.   But hey, don't let your bias get in the way."}
{"_id": "8151", "title": "", "text": "\"&gt;\"\" I think we can all agree people are not a commodity that is valued in dollars.\"\"  I don't agree with that statment. Ever read an economics textbook? There are three [factors of production](https://en.wikipedia.org/wiki/Factors_of_production) Land, Labor, and Capital. Labor (ie. people) are a commodity that are valued in dollars. The United States governement [values a human life](https://en.wikipedia.org/wiki/Value_of_life#United_States) at around +/- $10 million dollars. The claims that high minimum wages force people out  of the labor force is supported by many famous economists. Milton Friedman (a noble prize winning economist) stated in regards to the [minimum wage](https://www.youtube.com/watch?v=ca8Z__o52sk) that \"\"People whose skills are not sufficient to justify that kind of a wage will be unemployed.\"\"\""}
{"_id": "8163", "title": "", "text": "Republican voters need to stop thinking that the GOP supports small business. In fact they dont, they work agressively to margnialize small business because small businesses dont have the political clout that large multinationals do. What happens in this scenario? You the small busienss owner end up subdiziding the cost of big business in the form of higher taxes while big corporations get away scot free. Stop believing that the GOP wants to help small business when the GOP has supported every pro-monpolization and pro-consolidation law for the past 90 years. I sympathize with workers who do personal care, other kinds of jobs where they really are at the mercy of the market, where making smart decisions that negatively impact employees is often a choice between staying in business or not."}
{"_id": "8177", "title": "", "text": "There are several ways that the issuers profit from CFDs. If the broker has trades on both sides (buy and sell) they can net the volumes off against each other and profit off the spread whilst using the posted margins to cover p&l from both sides. Because settlement for most securities is not on the same day that the order is placed they can also buy the security with no intention of taking delivery and simply sell it off at the end of day to pass delivery on to someone else. Here again they profit from the spread and that their volumes give them really low commissions so their costs are much lower than the value of the spread. If they have to do this rather than netting the position out the spreads will be wider.  Sometimes that may be forced to buy the security outright but that is rare and the spreads will be even wider so that they can make a decent profit."}
{"_id": "8186", "title": "", "text": "I'm looking for another one right now. Here's what I've found: Los Alamos National Bank (www.lanb.com) has tokens ($5?), but I think they only open accounts for New Mexico residents. I've had one for several years. USAA Savings Bank (usaa.com) has tokens ($5 or free, I don't remember). I'm pretty sure you do NOT need to be a USAA member to open an account. I've had one for a couple of years. Several banks (Frost Bank, American National Bank of Texas, Amegy Bank, and probably many, many more) offer them as part of their Treasury Management accounts, meant for big businesses and charged for accordingly. Happy State Bank (in, where else, Happy, Texas) has a web page saying they have them but their services charges were more than I wanted to pay. ClearSky Bank (an Internet bank started by Chesapeake Bank) claims on their web page to have them but I haven't verified that yet. Still looking..."}
{"_id": "8200", "title": "", "text": "Capital is an Asset. Decreasing value of capital is the decreasing value of an asset. When you buy the forex asset * DR Forex Asset * CR Cash When you sell * DR Cash  * CR Forex Asset The difference is now accounted for Here is how: Gains (and losses) are modifications to your financial position (Balance sheet). At the end of the period you take your financial performance (Profit and Loss) and put it into your balance sheet under equity. Meaning that afterwards your balance sheet is better or worse off (Because you made more money = more cash or lost it, whatever). You are wanting to make an income account to reflect the forex revaluation so at the end of the period it is reflected in profit then pushed into your balance sheet. Capital gains directly affect your balance sheet because they increase/decrease your cash and your asset in the journal entry itself (When you buy and sell it). If making money this way is actually how you make you make an income it is possible to make an account for it. If you do this you periodically revalue the asset and write off the changes to the revaluation account. You would do something like *DR Asset *CR Forex Revaluation account; depending on the method you take. Businesses mostly do this because if the capital gains are their line of business they will be taxed on it like it is income. For simplicity just account for it when you buy and sell the assets (Because you as an individual will only recognise a profit/loss when you enter and exit). Its easier to think about income and expenses are extensions of equity. Income increases your equity, expenses decrease it. This is how they relate to the accounting formula (Assets = Liabilities + Owners Equity)"}
{"_id": "8209", "title": "", "text": "It was about a decade between splitting consulting off and the IPO, including 3 years of legal action to allow the consulting branch to become a fully independent entity, and the partners on each side were not exactly best friends during that time. Not exactly a quick money grab. (also please note that Andersen created a new consulting group *before* the IPO of what was then Andersen Consulting, and this was what lead directly to the lawsuit)"}
{"_id": "8237", "title": "", "text": "Since nobody seems to have an answer here is the list I've came up so far: I'll keep adding to the list - also feel free to edit or comment if can add to the list."}
{"_id": "8241", "title": "", "text": "\"notably spending money on PR and advertising to sell the narrative that the \"\"liberal/communist\"\" president is going to take guns away so ignorant and gullible retards go out to buy them \"\"before it's too late.\"\". Every democratic president is an opportunity in the eyes of the gun lobby regardless of what the actual policy is\""}
{"_id": "8252", "title": "", "text": "In some places government grants exist to provide safe places in communities.   Angel Investors, SCORE, there are many types of ways to get it done.   I will tell you that once you start a business you'll definitely have to drop the defeatist attitude. I heard from so many people that we would never make it, even family members, now we regularly have 50-100 people stop by on Friday or Saturday nights, we have all nighters every weekend, tournaments, and other gamer gatherings.   The small businesses that succeed are the ones that don't stop because it seems impossible. Most LAN type places that remain open offer more than just games to play. Tech repair, PC's, tablets, phones, ect."}
{"_id": "8260", "title": "", "text": "Your out-of-context argument is the thing with no basis in reality.  Other retailers do the very things I'm talking about, all while thriving.  Costco is the example that readily springs to mind.   Wal-Mart already pays below market wages anyway.  You think there's some slightly more skilled body of workers just itching to work at Wal-Mart, if only Wal-Mart would pay more?  There might be some people who could drift between Costco, Wal-Mart, Trader Joes.. what have you, but it's not like Wal-Mart workers are inherently worse.  They are just treated worse.    You ask why people 'choose' to work at Wal-Mart? Are you really that shortsighted?  Why don't all mom and pop stores just 'choose' to lower their prices to compete with Wal-mart?  Oh right, it's not feasible for them because they don't own their whole supply chain.  People don't choose to work for Wal-Mart vs other places, it's because Wal-Mart literally shuts down entire small towns mainstreets.    Nothing I'm talking about has anything to do with productivity, which really doesn't apply here.  At the retail level, all workers are essentially the same.  What, exactly, are they producing? They provide a service.  You are conflating macroeconomic theory with real world business."}
{"_id": "8261", "title": "", "text": "\"I would make this a comment but I am not allowed apparently. Unless your continent blows up, you'll never lost all your money.  Google \"\"EUR USD\"\" if you want news stories or graphs on this topic.  If you're rooting for your 10k USD (but not your neighbors), you want that graph to trend downward.\""}
{"_id": "8266", "title": "", "text": "You aren't in trouble yet, but you are certainly on a trajectory to be later. The longer you wait the more painful it will be because you won't have the benefit of time for your money to grow. You may think you will have more disposable income at some point later when things are paid off, but trust me you wont. When college tuition kicks in for that kid, you are going to LAUGH at those student loan amounts as paltry. The wording of your question was confusing because you say in one place that you have no savings, but in another you claim to be putting away around $5k/year. The important point is how much you have saved at this point and how much you are putting in going forward. Some rules of thumb from Fidelity: (Based on your scenario) Take a look at your retirement account. Are you on track for that? It doesn't sound like it.  Can you get away with your current plan? Sure, lots of people do, but unless you die young, hit the jackpot in the stock market or lottery, you are probably going to have to live WELL below your current standard of living to make that happen."}
{"_id": "8276", "title": "", "text": "No. Your deposits should not have been accepted in the first place. No legit rollover opportunity exists.  Related - Can excess 401K contributions returned with 1099-R be rolled over to a Traditional IRA?"}
{"_id": "8308", "title": "", "text": "\"It was Telecommunications.  And always Philadelphia customers.  Worst market ever, because we were a bottom level company that they had already got banned by Verizon and AT&amp;T for lack of payment.  \"\"You can't cut us off! my babies got the asthmas!  And that means you cant cut our service off!\"\"    \"\"...Well no, you can have a basic phone as long as you pay $14.95 technically, but your TV is cut, your internet is cut....and you still haven't paid a single dollar in six months!\"\"  \"\"Ill call the BBB.\"\"  \"\"Do it, here is the number.\"\"\""}
{"_id": "8312", "title": "", "text": "I don't know of a country in the developed world with legalized cocaine, I think it was at least decriminalized in Portugal, but I doubt they have a substantial cocaine problem to begin with.   It would be a bold step to have cocaine become industrialized like alcohol in the US, and my concern is that it would be even more widely used in exchange for decreased cartel violence; which would be a wash at best. Marijuana decriminalization is another story, but I don't agree with legalization of cocaine, heroin, or methamphetamine."}
{"_id": "8321", "title": "", "text": "The time horizon applicable to the price target is always specified by the broker or bank which published the research report.  You will find this information in the disclaimer, which is present on every research report. Usually it is 12 months, but some firms give 6 months price targets. However, you should never rely on the price target alone and always combine it with the following details (to name a few): Are the analyst's estimate above or below consensus estimates (or company guidance), did the analyst rise or lower its estimates. What is the rating on the stock (Buy, Sell, Hold...), when did he change his rating or price target.  Does the firm do business with the company? (which may influence a bullish tone and optimistic price target)."}
{"_id": "8326", "title": "", "text": "Do you have signature authority or interest in the account? Then yes. Interest in the account means that you wire $25K to your dad, but the money still belongs to you (I.e.: if you ask for it your dad will give it back to you)."}
{"_id": "8327", "title": "", "text": "\"We're both wrong.  https://en.m.wikipedia.org/wiki/The_dismal_science  &gt; \"\"The dismal science\"\" is a derogatory alternative name for\u00a0economics\u00a0coined by the\u00a0Victorian\u00a0historian\u00a0Thomas Carlyle\u00a0in the 19th century. The term drew a contrast with the then-familiar use of the phrase \"\"gay science\"\" to refer to song and verse writing.[1]\""}
{"_id": "8341", "title": "", "text": "I just found this old post. I worked in this field 4 years ago. The information is old. I assume the players are mostly the same.  AIR in Boston and EQE in Oakland do the computer modeling for cat bonds and reinsurance. Hedge funds will often hire guys who have worked with the software.  Swiss Re is the investment bank for cat bonds.   The hedge funds that do cat bonds exclusively are pretty boutiquey. The exception is DE Shaw.  Reinsurance is a pretty good entry into cat bonds.  just some thoughts. get back to me if you have more questions."}
{"_id": "8356", "title": "", "text": "Although valuable details are available using the internet keywords offered, it is still important to seek advice from people who have had the surgery treatment about the opinions of experts. This way, you can gain knowledge from the personal encounters of others and know what can be expected. All of these things can help you choose the right Eye Doctor in Barrington IL."}
{"_id": "8364", "title": "", "text": "Thank you.  I was going to post this.  It should be the top comment.  I think that Elizabeth Warren's ideas here are much more thoroughly researched, and present a much more comprehensive and compelling explanation than most of the uninformed opinions being spouted."}
{"_id": "8391", "title": "", "text": "In the region, my school was well regarded, but you could call it a target school for the firm.  2 of their more senior partners were alum, so they made it a priority to recruit from our school (the other big accounting firms didn't have that connection and only took a couple grads)."}
{"_id": "8399", "title": "", "text": "This. I am as liberal as the next guy, but hearing this sub become a place to rave about political views is getting old. That is why I hardly ever post here. I am more interested in the direction of the economy than placing blame or giving credit."}
{"_id": "8415", "title": "", "text": "Do NOT use the same LLC.  By default he would own 1/2 of the DBA so you would have to hire an attorney to section it off.  Then you have to worry about him changing his mind later and suing you if the DBA is sucessful.  Not to mention the EIN controls the cash and tax flow and the DBA would be using the same EIN so it gets really murky.  Don't even consider it, just create a new LLC."}
{"_id": "8444", "title": "", "text": "Is this true though? I mean say if you increase taxes for the wealthy to 50% you'll end up with the state that certainly has significantly more money. But the trouble is the state hasn't been very good at spending it. Look at the kind of stuff they get up to with the cash they have now. They fight wars, build massive jails and involve themselves where it's none of their business. Do you really want them to have more money? I'd be less concerned if they proposed higher taxes for stuff like basic income but I don't see higher taxes just by themselves as really being helpful."}
{"_id": "8464", "title": "", "text": "People rave about Basecamp by 37signals.  The impressive part is all the add-ins you can get for it.  There are add-ins for invoicing, billing, accounting, and time tracking."}
{"_id": "8468", "title": "", "text": "I suspect the real problem is that the stagnation of middle-class salaries vs. Lego being something of a premium (though worth it!) toy. Add in that Millennials are waiting longer to form long-term relationships and the dropping birth rate (at least in the US)...  The durability factor surely doesn't help - folks more likely to pass down their own kits instead of buying more, and I'm guessing there's a thriving lego market on eBay as well?   Figure all the above together are the problem."}
{"_id": "8470", "title": "", "text": "Go to flightaware or flightradar24. You can track any airplane (a few exceptions) on an IFR flight plan, which a 747 will certainly be.   If they were going for sneaky, smaller planes that don't get tracked would be ideal.   Source: pilot"}
{"_id": "8480", "title": "", "text": "It is highly unlikely that this would be approved by a mortgage underwriter.   When the bank gives a loan with a security interest in a property (a lien), they are protected - if the borrower does not repay the loan, the property can be foreclosed on and sold, and the lender is made whole for the amount of the loan that was not repaid.   When two parties are listed on the deed, then each owns an UNDIVIDED 50% share in the property.  If only one party has pledged the property as surety against the loan, then in effect only 50% of the property is forecloseable.  This means that the bank is unable to recoup its loss.   For a (fictional, highly simplified) concrete example, suppose that the house is worth $100,000 and Adam and Zoe are listed on the deed, but Adam is the borrower for a $100,000 mortgage.  Adam owes $100,000 and has an asset worth $50,000 (which he has pledged as security for the loan), while Zoe owes nothing and has an asset worth $50,000 (which is entirely unencumbered).  If Adam does not pay the mortgage, the bank would only be able to foreclose on his $50,000 half of the property, leaving them exposed to great risk.   There are other legal and financial reasons, but overall I think you'll find it very difficult to locate a lender who is willing to take that kind of risk.  It's very complicated and there is absolutely no up-side.   Also - speaking from experience (from which I was protected because of the bank's underwriting rules) and echoing the advice offered by others on this site: don't bother trying.  Commingling assets without a contract (either implicit by marriage or explicit by, well a contract) is going to get you in trouble."}
{"_id": "8496", "title": "", "text": "They immediately make money by charging you the initial 2.39% fee.  In the long term they make money because a surprisingly large number of customers don't pay the balance off, or otherwise violate the terms of the offer, so that the 18.95% rate applies.   And sometimes, depending on card policies, they make money when the consumer makes new purchases on the card which accrue interest immediately at the 18.95% rate while payments only go to paying down the 0% rate balance."}
{"_id": "8515", "title": "", "text": "The weird thing is that Walmart and maybe Kohl's sales are becoming the economic conscience of America.   If Kohl's does better because Walmart shoppers move up a notch -- cool.   If Kohl's is doing bad, and Walmart's down, and especially if Walmart necessities of life items are doing poorly, we know things are going the wrong way."}
{"_id": "8527", "title": "", "text": "Slack is just fancy IRC. Not exactly hard to clone. Its why Microsoft teams now exist, and FOSS answers like rocket. Chat and mattermost are out there.   Why pay billions for something their devs could spin off in a few weeks?"}
{"_id": "8528", "title": "", "text": "I used to do the opposite when I needed to rent a car locally.  I would request the bottom of the line and tell them that I will pick up at one of our expensive resorts.  They never had any Kia Sorentos, but they had nice Lincolns and other high end vehicles for Kia prices.  I'm sorry, we don't have the Ford Escort you reserved, so I'll give you a Towncar for the Escort price."}
{"_id": "8538", "title": "", "text": "\"This report raises even more questions than it answers. From pg. 36 (pt. #176):  &gt;Concerns were again raised to Compliance in relation to an instruction to reduce LIBOR submissions given by senior management on 29 October 2008. This instruction was given **following a telephone conversation between a senior individual at Barclays and the Bank of England during which the external perceptions of Barclays LIBOR submissions were discussed.**  The Bank of England was potentially involved as well? First I've heard. The report goes on to state \"\"No instruction for Barclays to lower its LIBOR submissions was given during this telephone conversation.\"\" But they don't say why they rule it out so definitively. Very interesting.\""}
{"_id": "8542", "title": "", "text": "Please either remove the $50 going to the 529 plan or move it into a ROTH IRA instead. You can always use your ROTH contributions to pay for college expenses in the future if you want to. I suspect you may not have enough saved up for retirement to have the luxury to help with college though."}
{"_id": "8570", "title": "", "text": "\"The bank SHOULD be able to issue you a new card without letting vendors roll over the recurring payments. In fact, I've never had a bank move recurring payments to a new card automatically, or even upon request; they've always told me to contact the vendor and give them my new card number. So go back to the bank, tell them specifically that you have a security issue and you want the new card issued WITHOUT carrying over any recurring charges, and see if they can do it properly. If not: 1) Issue a \"\"charge back\"\" every time a bogus charge comes in. This costs the vendor money, and should convince them to stop trying to access your card. It's a hassle because you have to keep contacting the bank about the bad charges, but it won't cost you more than time and a phone call or letter.  (The bank can tell you what their preferred process is for this.) 2) Consider moving to a bank that isn't stupidly over-helpful.\""}
{"_id": "8578", "title": "", "text": "There are forums online (Wall Street Oasis, Poets and Quants) that cover what you need to know for a Wall Street interview. That's the most efficient way.  But it's also important to research the company that you're interviewing for. Do they invest in equity or debt? Are they in a specialized industry (e.g., real estate, oil &amp; gas)? A model for a equity research firm is going to have different priorities from a LBO model for a private equity firm or a cash flow model for a bank/lending company."}
{"_id": "8585", "title": "", "text": "The HST is a sales tax levied on most goods and services. It is important to realize that in both BC and Ontario, the new HST does not (in most cases) result in an increase in sales tax paid. For example, in Ontario the PST is 8% and when combined with the GST the sales tax is 13%. With the HST, the GST and PST are replaced by a single HST of 13% so the tax bill does not change. Some services that were previously not subject to PST (such as mutual fund service fees and labour) will now be subject to the HST. So some things will increase. Over time, this should not have a material impact on the consumer due to the way businesses remit GST/HST."}
{"_id": "8595", "title": "", "text": "You chose the worst case though, his last year alive. The GDP of the world is something like $85 trillion.  1.05^x = 85 *10^12  x = log base 1.05(85*10^12 ) //reddit should add subscripts, that would be nice  x = 657   2014-x = 1357   He was born in 1343, so if he invested when he was 14 he would be good."}
{"_id": "8601", "title": "", "text": "Setting aside for the moment the very relevant issue of whether you need the full amount quickly, I'll just tackle comparing which option gives you to maximum amount of money (in terms of real dollars). The trick is, unless you think inflation will suddenly reverse itself or stop entirely (not likely), $50K today is worth a LOT more than $50K in 20 years. If you don't believe me, consider that just 30 years ago the average price for a mid-level new car was around $3k. When you grandfather says he got a burger for a nickel, he isn't talking about 2010 dollars.  So, how do you account for this? Well, the way financial people and project managers do it to estimate how much to pay today for $1 at some point in the future is through a net present value (NPV) calculation. You can find a calculator here. In your question, you gave some numbers for the payout, but not the lump sum prize amount. Going solely on what you have provided, I calculate that you should take the lump sum if it is greater than $766,189.96 which is the net present value of 20 years of $50K Payments assuming 3% annual inflation, which is fairly a fairly reasonable number given history. However, if you think the out-of-control Gov't spending is going to send inflation through the roof (possible, but not a given), then you almost certainly would want the lump sum. I suppose in that scenario you might want the lump sum anyway because if the Govt starts filching on their obligations, doing it to a small number of lottery winners might be politically more popular than cutting other programs that affect a large number of voters."}
{"_id": "8625", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/06/03/business/economy/high-end-medical-care.html) reduced by 87%. (I'm a bot) ***** &gt; Not to be outdone, Lenox Hill Hospital in New York recently hired a veteran of Louis Vuitton and Nordstrom, Joe Leggio, to create an atmosphere that would remind V.I.P. patients of visiting a luxury boutique or hotel, not a hospital.  &gt; &amp;quot;This is something that patients asked for, and we want to go from three-star service to five-star service,&amp;quot; said Mr. Leggio, the hospital&amp;#039;s director of patient and customer experience.  &gt; What about everyone else? Mr. Traina doesn&amp;#039;t see much future for the conventional family doctor, except for patients who go the concierge route.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fea3z/nytimes_feature_about_concierge_care_the_rise_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136869 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **patient**^#1 **Dr.**^#2 **Hospital**^#3 **doctor**^#4 **family**^#5\""}
{"_id": "8631", "title": "", "text": "Original concept originates from Marx - commodity fetishism. I believe Paul Bowles merely re-explained this concept with the examples of modern consumer devices.   Marx goes on to argue that because we eliminate the perception of social relationships involved in production, we forget that an item holds subjective economic value, and henceforth transform items into those that hold intrinsic value of themselves."}
{"_id": "8643", "title": "", "text": "Large-scale price range of a stock isn't directly meaningful; that reflects how many shares exist, not just how desirable they are. A stock split, for example, doubles the number of shares everyone holds while cutting the value of each share in half; that's meaningless except that it makes the shares a bit easier to trade in. Change in price is more interesting. In the case of energy companies, that often reflects major changes in energy supply, distribution, use, or how well positioned people feel the company is for the next change in these. Fracking's surge and the questions raised against it, whether a major pipeline will or won't be built, international energy price trends, breakthroughs in renewables... if it might affect energy price, it might affect the company's strength, both absolute and relative to others. In other words, the same kinds of things that affect any stock."}
{"_id": "8652", "title": "", "text": "Are you looking for coupons for the products and services you use on a regular basis? When you\u2019re on the hunt for coupons, look no further than GetBidOn.com! We\u2019re your one-stop-show for personalized offers discounts, deals, offers, and coupons for almost anything you can think of!"}
{"_id": "8653", "title": "", "text": "I use the forum seeking alpha. http://seekingalpha.com/"}
{"_id": "8674", "title": "", "text": "&gt;banking practises thrive through deception.  and &gt;A bank is in other words, just moving money from A to B and then making profit out of thin air due to the capitalistic systems nature  and  &gt;they are private govt agencies  I realize these are just snippets, but from other debate threads it seems there is a lot of misinformation about what banks are. I have only taken a few finance classes so I was coming here to see what /r/finance thinks a bank is.   Sorry if I let me own bias show in my post, I wasnt trying to let it. But I still havent seen anyone mention the benefits of credit. It seems most peoples perception of a bank is very simplistic."}
{"_id": "8679", "title": "", "text": "EBIT could be lower due to non-operating revenues such as investments in other companies, tax reliefs, adjustments to incorrect loss provisions and various other items that would not be part of the companies day to day operations.  Be careful and read the footnotes and managements discussion for those items, they should be disclosed to some extent."}
{"_id": "8709", "title": "", "text": "Medical Office Rental - Florida Medical Space, Inc. is a full service commercial real estate brokerage and development firm based in South Florida.  We provide a full range of services to property owners and healthcare providers of all sizes and types."}
{"_id": "8710", "title": "", "text": "Sorry, missed this reply in with all the others. Apparently I touched some nerves, and I saw the comment got linked to a Libertarian sub.   Your argument assumes that there is no choice. Isn't a bedrock of Libertarian policy self sufficiency? Slaves were called slaves because they were absolutely controlled through force, and the threat of death or severe physical torture. If you are trying to equate that to taxes and the penalties for not paying them, then that truly is an argument from the extreme.   I used an example of being a grown capable adult, and living in a drug dealers house. You have the ability to leave at any time if you wanted, but there would be a cost of course - moving isn't free, and you might have to answer to the drug dealer if he had expectations of you. However, if you truly dissagreed with how he was living and making his money, wouldn't you try to change his ways? And if you couldn't, wouldn't you leave - otherwise aren't you implicitly endorsing his way of life?"}
{"_id": "8727", "title": "", "text": "I was actually planning for the CFA. But with not being sure about doing a job anytime soon, and needing four years after the CFA for the charter, I decided against it. Also, I live in a foreign country so getting a job isn't easy for me."}
{"_id": "8759", "title": "", "text": "What you may be looking for are multi-manager ETFs; these invest in a basket of diversified funds to get the best out of all of the funds. The problem with multi-manager funds is, of course, that you pay fees twice; once to the fund itself and once to each of the funds in the fund. The low fees on ETFs mean that it is not very profitable to actively maintain one so there are not many around (Googling returns very few). Noting that historic success doesn't guarantee future success and that fees are being applied to fees these funds only really benefit from diversification of manager performance risk. partial source of information and an example of a (non-outperforming) Multi-manager ETF: http://www.etfstrategy.co.uk/advisorshares-sets-date-for-multi-manager-etf-with-charitable-twist-give-53126/"}
{"_id": "8762", "title": "", "text": "\"There is something to be said for government-funded high risk R&amp;D. Startups which receive SBIR grants are much more likely to reach commercial success. Also, \"\"high-tech\"\" firms receive far less of their funding from private sources since they are generally higher risk. Because much of our recent growth has been in high-tech industries and because most high-tech startups get funding from public grants we have seen an increased importance of programs like SBIR. Just to substantiate this claim, here is a [source](http://www.springerlink.com/content/a684510qk6600666/fulltext.pdf) which shows that high-tech firms with less than 1000 employees in the US receive on average between 33-39% of their funding from public grants. In comparison, in the UK it is 6-11%. It is no coincidence that America has led the world in both public R&amp;D spending and innovation.\""}
{"_id": "8764", "title": "", "text": "The article does not support this at all.  &gt; profits would gush if breakneck growth were to stop. Uber says it is profitable in cities where it has operated longest, such as San Francisco. Nextera says that if it stopped investing in new capacity, it would make $6bn of free cashflow a year."}
{"_id": "8765", "title": "", "text": "Wearing decent clothes is not enough but you should wear a decent brand of footwear to complete your look. Going to get branded footwear would cost you high and you do not even able to find out the best bet. Buying a Gucci Sneaker would really give you dashing and a smart look. But, if you are trying to find G sneakers, then the internet may be the best place to go. You will not just have completely different choices."}
{"_id": "8790", "title": "", "text": "How can there be an outflow while prices have increased? Assuming for every seller, there is a buyer, should the amount of us securities sold match the amount purchased? What exactly defines an outflow? Is it defined based off the amount at which the stock was sold today, or the original purchase price the seller bought the stock at?"}
{"_id": "8811", "title": "", "text": "**Phase-out of lightweight plastic bags**  In many countries of the world, there has been a phase-out of lightweight plastic bags. Single-use plastic shopping bags, commonly made from low-density polyethylene (LDPE) plastic, have traditionally been given free to customers by stores when purchasing goods\u2014a popular method considered a strong, cheap, and hygienic way of transporting items. Problems associated with plastic bags include use of non-renewable resources (such as crude oil, gas and coal), disposal, and environmental impacts.  Governments all over the world have taken action to ban the sale of lightweight bags, charge customers for lightweight bags and/or generate taxes from the stores who sell them.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "8828", "title": "", "text": "I don't think communism is bad as a form of government at all.  I do think that people can in no way be trusted with it though, both leaders and the population.  Also, socialist programs are horrible in the U.S. specifically because they have 32455 different departments all trying to run programs, causing overhead to be ridiculous.  There really needs to be a lot of reform with that. =/"}
{"_id": "8849", "title": "", "text": "It was then we determined that with our large revel in within the textiles, recycling enterprise. We'd begin in our quest to help Africa and open our first cash 4 garments shop. At Recycle four Cash for clothes kent, we offer a friendly, rapid and reliable provider to every person seeking our offerings. We remember the fact that you may favor donating your garb to charity; HOWEVER, did you already know by the point the retail outlet of the charity pays its walking costs, handiest a small percent will go to the actual charity. Should you desire to donate the monies we pay you to the charity."}
{"_id": "8854", "title": "", "text": "\"Technically it doesn't matter what size the check is. In fact, it doesn't even have to be written on paper. While writing it on a cow may not always fly, almost any object actually will. That said, more to the question asked - you can definitely use the smaller \"\"personal\"\"-sized checks for a business account. The larger checks formatted to the \"\"letter\"\" page size: if you cut it into three equal pieces with a tiny bit left for the binder holes - you'll get exactly three check-sized pieces. This is convenient for those printing checks, keeping carbon-copy records etc. Regarding the MICR line: I just checked my business check book, which is of a smaller \"\"personal\"\" size (that I got for free from the bank) - the check number is at the end.\""}
{"_id": "8857", "title": "", "text": "Is investing more money into a stock that you already have a stake, in which has gone up in price a good idea? What you describe here is a good idea when the stock keeps up-trending. The way to do it is say you have originally bought $1000 worth of shares, then the next purchase you buy $500 worth, then $250 worth. It is called pyramiding into your trades. However, this system would not be the best with simply a buy and hold when you keep holding even if the price starts freefalling. You would need to have a trailing stop loss on your initial trade, and then as you buy each additional trade your trailing stop loss would incorporate the additional trade and move to a level where if you get stopped out you will make an overall profit. With each additional trade your trailing stop will move higher and higher for higher protected profits. The whole point behind pyramid trading is to keep buying more of a stock that keeps performing well to increase your profits. However, each additional purchase is half the previous one so that you don't eat too much into existing profits (in the case of the uptrend reversing) and so as to not overcapitalise on the one stock. So you are using part of your existing profits in an attempt to make more profits."}
{"_id": "8859", "title": "", "text": "Welcome to the real world :-)  There really aren't all that many ways for ordinary employees to lower taxes.  You could put more in your 401k, buy a house (for the mortgage interest deduction, which lets you deduct some other things instead of taking standard deduction), or move to a different state to get rid of the state tax."}
{"_id": "8861", "title": "", "text": "\"Sure. For starters, you can put it in a savings account. Don't laugh, they used to pay noticeable interest. You know, back in the olden days.  You could buy an I-bond from Treasury Direct. They're a government savings bond that pays a specified amount of interest (currently 0%, I believe), plus the amount of the inflation rate (something like 3.5% currently, I believe). You don't get paid the money -- the I-bond grows in value till you sell it. You can open a discount brokerage account, and buy 1 or more shares of stock in a company you like. Discount brokerages generally have a minimum of $500 or so, but will waive that if you set the account up as an IRA. Scot Trade, for instance. (An IRA, in case you didn't know, is a type of account that's tax free but you can't touch it till you turn 59 1/2. It's meant to help you save for retirement.) Incidentally, watch out of \"\"small account\"\" fees that some brokerages might charge you. Generally they're annual or monthly charges they'd charge you to cover their costs on your account -- since they're certainly not going to make it in commissions. That IRA at Scot Trade is no-fee. Speaking of commissions, those will be a big chunk of that $100. It'll be like $7-$10 to buy that stock -- a pretty big bite. However, many of these discount brokerages also offer some mutual funds for no commission. Those mutual funds, in turn, have minimums too, but once again if your account's an IRA many will waive the minimum or set it low -- like $100.\""}
{"_id": "8871", "title": "", "text": "\"    Crumbling infrastructure after decades of insufficient funding and maintenance throughout the country.  Crumbling\"\" gets thrown out a lot. Just because we don't build high speed trains that we cannot afford doesn't mean our infrastructure is crumbling. We have the best freight railroad network in the world, the best highway system in the world, and cities all over the country are heavily investing in mass transit.\"\"   Wait - how many bridges collapsed in the past few years?  How many more need major renovation or replacement?   How many water mains broke last year?  How stressed is our power grid?  Infrastructure goes way beyond the rail systems.\""}
{"_id": "8891", "title": "", "text": "There are two independent sets of terms we need to define in order to answer your question.  I am trying to understand the difference between Value, Blend, and Growth These are different categories of mutual funds: Value: discounted or undervalued stocks. This is often measured by a difference between the stock's price and the Net Asset Value (NEV). Growth: stocks that fund managers believe are poised for significant growth (increase in stock price and NEV). Blend: a blend of two categories of stocks. In this context it probably refers to a combination of growth and value stocks, but it just depends on the context.  I want to receive dividend and Growth These are ways to receive earnings from a stock or fund. Dividend: a direct cash payment from owning a stock or a fund. Stocks and funds who pay out 100% of their profits don't have any money leftover to grow themselves and either stagnate or shrink. Growth: an increase manifesting itself in capital gains. If a stock or fund pays out zero dividends, then all profits are invested back into the company for fund, increasing its value. If you intend to automatically reinvest dividends, then receiving dividends is essentially the same as receiving profit through capital gains. If you intend to sell stocks or funds periodically to get some extra spending cash, then receiving profits through capital gains is essentially the same as dividends."}
{"_id": "8892", "title": "", "text": "let's all support the latest post added to www.securedcreditcardsonline.com! it offers excellent tips college students can use to find, qualify for and eventually get suitable lines of credit they can use for managing their day-to-day expenses. hope you will read it and share it with all your friends!"}
{"_id": "8900", "title": "", "text": "&gt;1. A big project to automate the entry of 2 invoices per month from a supplier. Is would take an employee less than 10 minutes a month to enter those 2 invoices manually into the system.   I am curious. Can't they apply the same solution for other suppliers?"}
{"_id": "8901", "title": "", "text": "Virtually zero risk of default; safety; diversification; guaranteed fixed income albeit very low; portfolio diversifier so it reduces total volatility; plus yields might drop even lower thus increasing the price of the bond.  Very unlikely given how obscenely low yields already are but still possible.  I thought nobody would ever buy a 10yr @ 3% and now look, rates are almost half as much and those 3% bonds are worth a lot more now on the secondary market.  Timing the bond market is really hard."}
{"_id": "8908", "title": "", "text": "Out of what principle?  Your morals or the balance?  Either way, you will pay for it.  I pay it monthly if there\u2019s a shortage.  I round my monthly payment up to the highest 100 and accept that as the new lowest payment.  Any extra goes to principle so I can be done with it."}
{"_id": "8910", "title": "", "text": "\"This questions is rational but ,in my view, definition of savings will be like this : \"\"Savings is that amount of money which will be useful in unexpected future cash demanding events or they will stay ideal through out your life\"\" Human can purchase/pursue  any luxury items at any point of time in their life but there will come several unavoidable events which will take away your savings and (some how) you will not have any control over it. Example: You found out you have a cancer at the age of 45. Doctor says you can under go several treatments and will be fine again. For this you will have to spend $1m. Now this can be considered as unavoidable expense and only your savings will be helpful to you in this kind of situations. So Savings is nothing but a money kept at a safe location which will be used in such unavoidable situations or they will stay ideal during your entire life time and your next generation will be able to use them after your death.\""}
{"_id": "8913", "title": "", "text": "If you didn't have a stop loss set (or trailing stop loss) then an equally random spike in the other direction could have obliterated your account and put you in debt to the broker, depending on the terms of that broker, as these are highly leveraged positions. Market anomaly? If your currency bet was unrelated to the fed's interest rate decision today, then you should probably just stop trading."}
{"_id": "8916", "title": "", "text": "This statement is somewhat hyperbolic but that's what kind of scares me about facebook.  This all seems pretty true.  Zuckerberg has always held a cavalier attitude toward user privacy from before facebook expanded out of Harvard.  Their plan when it comes to privacy matters is to shoot first and ask questions later.  Implement something new that pushes the privacy envelope and see if it is challenged.  It is a risk business strategy and I hope that one day they reevaluate it."}
{"_id": "8950", "title": "", "text": "\"First of all, never is too late to develop good habits. So, you know what you want to do and you are going about the how now... First, you should pay off any consumer debt except from mortgage which should be planned for. Prioritize your consumer debt (credit cards, consumer loans, etc) according to the interest rates, starting with the one with the highest interest and going to the one with the lowest one. Because you should make quite the investments to pay off this interest debt and still make a profit. Second, you should start saving some money. The 10% rule of thumb is a good one and for starters having aside the money you need to get by for at least 3 months is quite okay. As they say, cash is king. Now, that you actually realize the amount you can spare each month to start investing (assuming you had to do something of the aforementioned) it's time to see the risk you are comfortable taking. Different risk-taking views lead to different investing routes. So, assuming once again that you are risk averse (having a newborn baby and all) and that you want something more than just a savings account, you can start looking for things that don't require much attention (even more so if you are going on you own about it) such as low risk mutual funds, ETF (Exchange Traded Funds) and index funds to track indexes like FTSE and S&P500 (you could get an average annual return of 10-12%, just google \"\"top safe etfs\"\" for example and you could take a quick look at credible sites like forbes etc). Also, you can take a look at fixed income options such as government bonds. Last but not least, you can always get your pick at some value companies stocks (usually big companies that have proven track record, check warren buffet on this). You should look for stocks that pay dividends since you are in for the long run and not just to make a quick buck.  I hope I helped a bit and as always be cautious about investing since they have some inherent risks. If you don't feel comfortable with making your own investment choices you should contact a specialist like a financial planner or advisor. No matter what the case may be on this, you should still educate yourself on this... just to get a grasp on this.\""}
{"_id": "8959", "title": "", "text": "\"Also, when I tested between perl and shasum(cmdline), I found they got me different results.   A quick search showed that other people hit the same issue, that of an extra '\\n' from echo : http://stackoverflow.com/questions/1843383/why-does-perl-and-bin-sha1-give-different-results  So it might be worthwhile doing an \"\"echo -n\"\" for this as well, when checking against the hash file.\""}
{"_id": "8960", "title": "", "text": "Giulianis retarded no one should listen to him, ever. Not only the ideas he says are retarded but also he sounds retarded with his speech impediment. He was my mayor and he was great. Now he's a Dracula looking sell out for the Republican Party."}
{"_id": "8973", "title": "", "text": "They weren't always so awful. If you weren't paying close attention, the gradual replacement of their old contrarian viewpoint with the Kremlin party line may have passed unnoticed.  I remember when Fabius Maximus called them out as a Russian influence op a few years back and I thought that was ridiculous. How wrong I was..."}
{"_id": "8974", "title": "", "text": "\"Firstly (and this part is rather opinion-based) I would absolutely not think of making more pension contributions when you are currently totaling 6% of salary as \"\"over contributing\"\". There are some who argue that you should be putting a minimum of 20% away for retirement throughout your working life; you don't say how old you are / how close to retirement you are, but a common rule of thumb is to halve your age and put away that % of your salary into your pension. So I would certainly start with upping those contributions.  I actually don't think it makes much difference whether you go for just your workplace pension versus a separate private one - in general you end up paying management fees that are a % of the value, so whether it is in one place or split doesn't cost any less. The \"\"all eggs in one basket\"\" syndrome is a possible argument but equally if you change jobs a few times and end up with half a dozen pension pots it can be very hard to stay on top of them all. If you end up with everything in one pot and then transfer it when you change jobs, it's easier to manage. Other options:   ISA as you mentioned; on the plus side these are tax free. On the minus side, you can either go for a cash ISA which at the moment has very low rates of return, and/or a stocks and shares ISA which exposes you to risks in the stock market.   If you have debt, consider paying it off early / overpaying. Student loans may or may not be the exception to this depending on your personal situation. Certainly if you have a mortgage you can save a vast amount by overpaying early.   Other investments - stocks and shares, BTL housing, fine wines, Bitcoin, there are almost limitless possibilities. But it makes sense to max out the tax-efficient options before you look into these.\""}
{"_id": "8984", "title": "", "text": "Agree to disagree there man in my experience in la ive see way more fights,domestic abuse,drunk driving, than ive ever witnessed what youre saying data definitely supports my experience also. I gotta say law enforcement doesnt do much about what youre talking about because its just not as dangerous as drinking and harder drugs so that makes sense. I also dont like like people being trashy and doing those things you mentioned . I think you might just  live in a bad neighborhood honestly in Venice maybe lol ?"}
{"_id": "9032", "title": "", "text": "You're correct. Amazon literally doesn't give a shit if they don't make profits for a while on this business. Hell it's potentially possible that their 1P business is still in the red and just used for the platform. Amazon isn't looking at whole foods for profit in the short term or even on a 5 year time horizon. They're looking to expand their presence into the fresh market, give people a local touch point to pick up online orders, and get more people into their platform.   It's completely likely you'll see some form of price decline.   Edit: just wanted to add, this is far from new."}
{"_id": "9035", "title": "", "text": "I feel like the new mlm schemes are 'pay a thousand dollars for my blue print which will help you develop the business of your dreams and earn 100k a month!'  A lady contacted me about training because she couldn't afford one of those 'courses'. And I was like a) I have ten years experience in this I did not decide to do it overnight and b) it's high pressure and stressful as f."}
{"_id": "9044", "title": "", "text": "Dedicate the majority if your time to paying close attention in your class. They will give you little chests to remember when it comes to options and other important areas. Take practice tests after every chapter you read. For the week before your test, take as many practice exams as possible. Mastering the practice exams is your key to success"}
{"_id": "9051", "title": "", "text": "\"I think it started when the lines between tech and artist began blurring. Once something becomes insanely popular in Silicon Valley it has a way of, eventually, filtering to the rest of the world. _______________ The rest of your comment is exactly why I tell everyone in /r/Entrepreneur and similar subs to talk to a CPA.  My accountant is the one that convinced me to stop \"\"freelancing\"\" and build an actual business. Completely shifted my outlook for the better.\""}
{"_id": "9055", "title": "", "text": "Drugs, and medicine in general, are most certainly not inelastic.   There is competition from less expensive analogs, and, unfortunately, nothing.  There is always an optimum price as long as there is a marketplace.  If we want cheaper drugs then we ought to reform patents (in a real sense) and lower barriers to competition.  Medical companies are obviously lowering their ethical safeguards for selling drugs cheap when they don't have to so that can't be relied upon anymore."}
{"_id": "9057", "title": "", "text": "u just dont understand how money works.  u think u do, but u dont.  u dont even understand the problem.   the govt printed over 7 trillion, where is the hyperinflation?   explain to me what caused the inflation from 2001 to 2007 up until the bubble collapse and financial collapse of 2008.    and don't say fed 'money printing' coz it ain't true. don't say fractional reserve multiplier effect, coz that ain't true either.  see u don't even know.  if u keep arguing with me ur gonna get embarassed.  if u ask nicely, maybe i'll tell u."}
{"_id": "9063", "title": "", "text": "Missouri.    There is silage use here, but the capital costs are prohibitive for all but the largest producers, and grass is cheap to produce compared to most silage crops for us.  It may be that silage is something we should look into.  I know most old farms here had silos, but almost all have fallen to ruin, and the only ones left are at large dairies.  I can't think of any that are used for beef.  Either way, rotation is cheaper than hay or silage.  We don't have any problem producing grass most of the year."}
{"_id": "9082", "title": "", "text": "This is a gross simplification as there are a few different ways to do this. The principle overall is the same though. To short a stock, you borrow X shares from a third party and sell them at the current price. You now owe the lender X shares but have the proceeds from the sale. If the share price falls you can buy back those shares at the new lower price, return them to the lender and pocket the difference. The risk comes when the share price goes the other way, you now owe the lender the new value of the shares, so have to find some way to cover the difference. This happened a while back when Porsche made a fortune buying shares in Volkswagen from short sellers, and the price unexpectedly rose."}
{"_id": "9084", "title": "", "text": "You can open a NRE account or a NRO account online before you leave the US and transfer the bulk of your money into it.  After returning to India, your tax status will be RNOR (Resident but Not Ordinarily Resident) and you can keep the NRE and NRO accounts for several years (three?) and can do whatever you like with the money in them: transfer the money to ordinary (resident) savings accounts, or reconvert back to US dollars for payment of any outstanding bills (e.g. credit card bills) or US taxes for 2017 etc.  Don't forget to close your US bank account before you leave. Many banks allow opening of NRE and NRO accounts on-line, though some paperwork needs to be sent in (e.g. copies of passport pages, signature cards etc). In most cases, one month is more than enough time to complete these formalities."}
{"_id": "9085", "title": "", "text": "\"My employer puts \"\"contractor\"\" in your email address if you're a contractor, just so no one mistakenly treats you like a real employee.  jsmith.contractor@company.com  They get crappy desks not much bigger than 1970s library carrels.  Some of them might be making more than I do, but I'd bet 6 months' salary that most of them aren't - a lot of them have that hangdog \"\"should I go for catfood again tonight or treat myself with some nice instant ramen?\"\" look.\""}
{"_id": "9114", "title": "", "text": "Reporting costs on a fully-loaded basis means that the business should report costs directly and indirectly associated with its product and the relevant indirect costs, e.g. overhead, indirect charges, etc. If you're looking at a company in general, the fully-loaded cost basis of the firm is essentially all costs related to the product(s) it offers. In economics/accounting 101 terms, reporting costs on a fully-loaded basis means reporting both the fixed and variable costs associated with production. Fixed costs are costs that remain constant regardless of how much the firm produces, e.g. general overhead like rent, managers' salaries, etc. while variable costs are per-unit costs that may change as the firm increases or decreases production, e.g. the cost of materials, hourly wages, etc."}
{"_id": "9116", "title": "", "text": "ACWI refers to a fund that tracks the MSCI All Country World Index, which is  A market capitalization weighted index designed to provide a broad measure of equity-market performance throughout the world. The MSCI ACWI is maintained by Morgan Stanley Capital International, and is comprised of stocks from both developed and emerging markets.  The ex-US in the name implies exactly what it sounds; this fund probably invests in stock markets (or stock market indexes) of the countries in the index, except the US. Brd Mkt refers to a Broad Market index, which, in the US, means that the fund attempts to track the performance of a wide swath of the US stock market (wider than just the S&P 500, for example). The Dow Jones U.S. Total Stock Market Index, the Wilshire 5000 index, the Russell 2000 index, the MSCI US Broad Market Index, and the CRSP US Total Market Index are all examples of such an index. This could also refer to a fund similar to the one above in that it tracks a broad swath of the several stock markets across the world. I spoke with BNY Mellon about the rest, and they told me this: EB - Employee Benefit (a bank collective fund for ERISA qualified assets) DL - Daily Liquid (provides for daily trading of fund shares) SL - Securities Lending (fund engages in the BNY Mellon securities lending program) Non-SL - Non-Securities Lending (fund does not engage in the BNY Mellon securities lending program) I'll add more detail. EB (Employee Benefit) refers to plans that fall under the Employee Retirement Income Security Act, which are a set a laws that govern employee pensions and retirement plans. This is simply BNY Mellon's designation for funds that are offered through 401(k)'s and other retirement vehicles. As I said before, DL refers to Daily Liquidity, which means that you can buy into and sell out of the fund on a daily basis. There may be fees for this in your plan, however. SL (Securities Lending) often refers to institutional funds that loan out their long positions to investment banks or brokers so that the clients of those banks/brokerages can sell the shares short. This SeekingAlpha article has a good explanation of how this procedure works in practice for ETF's, and the procedure is identical for mutual funds: An exchange-traded fund lends out shares of its holdings to another party and charges a rental fee. Running a securities-lending program is another way for an ETF provider to wring more return out of a fund's holdings. Revenue from these programs is used to offset a fund's expenses, which allows the provider to charge a lower expense ratio and/or tighten the performance gap between an ETF and its benchmark."}
{"_id": "9143", "title": "", "text": "No, it is just normal sideways action.  Think of this week kind of like October 14th - October 20th. It is a day traders week. If you're not day trading then either do after hours trading at the second of the news, or buy/sell on thursday (i'm bullish).  This is normal market activity. I wouldn't consider it out of the ordinary. When there is sideways action there is always good times to both buy and sell, if you realize it. For example, today is the perfect day to buy ... maybe when $SPX is 1240-1244."}
{"_id": "9146", "title": "", "text": "One additional reason to pay with cash rather than financing is that you will be able to completely shut down the dealership from haggling over finance terms and get right to the point of haggling over the cost of the car (which you should always do)."}
{"_id": "9152", "title": "", "text": "\"The key point to answer the question is to consider risk aversion. Assume I suggest a game to you: Throw a coin and if you win, you get $5, if you lose nothing happens. Will you play the game? Of course, you will - you have nothing to lose! What if I suggest this: If you win, you get $10,000,005 and if you lose you must pay $10,000,000 (I also accept cars, houses, spouses, and kidneys as payment). While the expected value of the second game is the same as for the first, if you lose the second game you are more or less doomed to spend the rest of your life in poverty or not even have a rest of your life. Therefore, you will not wish to play the second game. Well, maybe you do - but probably only if you are very, very rich and can easily afford a loss (even if you had $11,000,000 you won't be as happy with a possible raise to $21,000,005 as you'd be unhappy with dropping to a mere $1,000,000, so you'd still not like to play).  Some model this by taking logarithms: If your capital grows from $500 to $1000 or from $1000 to $2000, in both cases it doubles, hence is considered the same \"\"personal gain\"\", effectively. And, vo\u00edla, the logartithm of your capital grows by the same amount in both cases. This refelcts that a rich man will not be as happy about finding a $10 note as a poor man will be about finding a nickel.  The effect of an insurance is that you replace an uncertain event of great damage with a certain event of little damage. Of course, the insurance company plays the same game, with roles swapped - so why do they play? One point is that they play the game very often, which tends to nivel the risks - unless you do something stupid and insure all inhabitants of San Francisco (and nobody else) against eqarthquakes. But also they have enough capital that they can afford to lose the game. In a fair situation, i.e. when the insurance costs just as much as damage cost multiplied with probability of damage, a rational you would eagerly buy the insurance because of risk aversion. Therefore, the insurance will in effect be able to charge more than the statistically fair price and many will still (gnawingly) buy it, and that's how they make a living. The decision how much more one is willing to accept as insurance cost is also a matter of whether you can afford a loss of the insured item easily, with regrets, barely, or not all.\""}
{"_id": "9158", "title": "", "text": "I believe that tax will be withheld (at 30%?) on dividends paid to non-residents.  You can claim it back if your country has a tax treaty with the USA, but you will need to file.  You probably also need to file a W-series withholding form (eg a W9-BEN). Interesting question.  I would like to hear a more definitive answer."}
{"_id": "9161", "title": "", "text": "What do you think happens when cash gets paid out to investors?  People don't just collect the cash and stuff it in their mattress. They reinvest it, sometimes in other giant corporations, sometimes in start-ups, sometimes in government bonds. Some of it goes to fund R&amp;D elsewhere, some of it goes to fund building bridges and roads, some of it goes toward buying houses.   Ultimately, how much goes to each piece of the pie depends on the attractiveness of each opportunity. If there are a lot of good R&amp;D projects that would generate good returns, people will invest in them."}
{"_id": "9168", "title": "", "text": "This is good advice.  People place a lot of value on appearances. A clean uniform, and not smelling like a sweat-rag or a sewer, will help clients feel like they're getting more value for their money.  If he's overweight, now is the time to fix that as well -- fit, attractive people have an easier time closing deals in all industries."}
{"_id": "9216", "title": "", "text": "There is no need to get an auto loan just to try and affect your credit score. It is possible to have a score over 800 without any sort of auto loan. If you can afford to pay for the vehicle up front that is the better option. Even with special financing incentives it is better to pay up front if you can. Yes it is possible to use the funds to make more if you finance with a silly low interest rate, however it's also possible to lose a job or have some other financial disaster happen and need that money for something else making it more difficult to make the payment.  It may be just me but I find the peace of mind not having the payment to be worth a lot."}
{"_id": "9243", "title": "", "text": "As other answers have pointed out, professional real estate investors do own residential investment properties. However, small residential units typically are not owned by professional real estate investors as your experience confirms. This has a fairly natural cause. The size of the investment opportunity is insufficient to warrant the proper research/due diligence to which a large investment firm would have to commit if it wanted to properly assess the potential of a property. For a small real estate fund managing, say, $50 MM, it would take 100 properties at a $500K valuation in order to fully invest the funds. This number grows quickly as we decrease the average valuation to reflect even smaller individual units. Analogously, it is unlikely that you will find large institutional investors buying stocks with market caps of $20 MM. They simply cannot invest a large enough portion of total AUM to make the diligence make economic sense.  As such, institutional real estate money tends to find its way into large multi-family units that provide a more convenient purchase size for a fund."}
{"_id": "9246", "title": "", "text": "Must pay your bill at least 6 months consecutively for the benefit to take effect. Confirmed by customer service.  The rep did tell me that she didn't know much about the new program when I asked her other questions (like is it in a form of a reimbursement or does WF pay the vendor directly). I am hoping the cellphone protection takes effect immediately.   Can anyone confirm that 6 consecutive payments is a requirement?"}
{"_id": "9264", "title": "", "text": "I believe, I could be wrong, it has been a long day. By exercising this right you have the right to purchase the equivalent of their current share.  Eg. Someone owns 50 of 100 shares. and the company does a rights offering and is expanding the shares to 200. That person has first right to purchase 50 more shares to keep his share from being diluted."}
{"_id": "9274", "title": "", "text": "\"Futures are an agreement to buy or sell something in the future.  The futures \"\"price\"\" is the price at which you agree to make the trade.  This price does not indicate what will happen in the future so much as it indicates the cost of buying the item today and holding it until the future date.  Hence, for very liquid products such as stock index futures, the futures price is a very simple function of today's stock index value and current short-term interest rates.  If the stock exchange is closed but the futures exchange is open, then using the futures price and interest rates one can back out an implied \"\"fair value\"\" for the index, which is in essence the market's estimate of what the stock index value would be right now if the stock market were open.  Of course, as soon as the stock exchange opens, the futures price trades to within a narrow band of the actual index value, where the size of the band depends on transaction costs (bid-ask spread, commissions, etc.).\""}
{"_id": "9286", "title": "", "text": "Yes, the stock price drops on the ex-dividend date by roughly the amount of the dividend. There is even academic research testing this and confirming that the popular rule of thumb works well."}
{"_id": "9294", "title": "", "text": "\"Well I'd say they are expected to pay much more than what you describe. What you've described is called \"\"flat\"\" tax and is widely considered unacceptable (meaning the rich wouldn't pay enough). Today, as codified in progressive tax tables, the rich are certainly *expected* to pay much *more* than a flat tax as you describe. Beyond the natural scaling you get with a percentage, the percentage itself goes up as you make more.\""}
{"_id": "9299", "title": "", "text": "Manufacturer of\u00a0Quartz\u00a0Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. These products are safe to use. Our products are available in various specifications. Before introducing in market our products are tested for their optimum quality. Our products are well known in market for their rich chemical and physical properties."}
{"_id": "9323", "title": "", "text": "couple questions for clarification:  1. Investment firm is a pretty broad term. Do you mean Registered Investment Advisory firm or broker/dealer, or something else?  2. Are you asking if they can reveal who they generally custody assets with? if so yes, they are always willing to give this out and many firms use multiple custodians. If you are asking if they can reveal client information and where the assets are held, then no, absolutely not, the only reason they could legally give this out is if the feds inquired or if a court order was issued."}
{"_id": "9325", "title": "", "text": "I generally only carry my debit card and a small amount of cash. On payday most of my money goes into a bills account, so I only have enough in the main account for a few days regular spending. This means if I want to buy anything I need to make a transfer from my bills account. If I really need to I can transfer the money instantly this over the phone or the web, but it cuts down greatly on the impulse purchases as I have to go through a process to get hold of the money.  As an aside this approach would probably help if I got mugged or lost the wallet as they wouldn't get much cash or be able to use my card for very long."}
{"_id": "9336", "title": "", "text": "big U econ grad here.  my knowledge of money and banking, the general economy's workings etc are well above the average person, but no other direct benefit...and nothing any employers I have worked for cared about"}
{"_id": "9353", "title": "", "text": "How would I go about doing this? Are there any tax laws I should be worried about? Just report it as a regular sale of asset on your form 8949 (or form 4797 if used for trade/business/rental). It will flow to your Schedule D for capital gains tax. Use form 1116 to calculate the foreign tax credit for the taxes on the gains you'd pay in India (if any)."}
{"_id": "9354", "title": "", "text": "How to find good divided stocks? Research and read. Google, Yahoo, and most likely your broker offer some sort of stock screener tool where you can look for stocks with given P/E ratios, dividend payouts, pricing, and any of a number of other filters. When you've found some that appeal to you, read what others are saying on stock talk websites like Vantagewire and Stockhouse. Read what each company is putting out as news and look at their quarterly reports. In Canada you can find a company's reports for free on Sedar. I'm afraid I don't know the U.S. equivalent. Reuters will be of help. Finding a good dividend-paying stock is the same as finding a good growth or value stock; research the company and the sector as if you were buying it to take the company over."}
{"_id": "9355", "title": "", "text": "\"There is no secret sauce. Leadership and good decision making is an organic process. Sometimes, the Sr. VP is going to say, \"\"This quarter, it was more important to expand X through hiring than it was to upgrade Y infrastructure. Next quarter, we'll do Y. I know it sucks to have your project delayed, because you've worked very hard on it, but that's the decision we've made.\"\"  The difficulty is when corporations get to the point where everyone is running around CYA, instead of admitting that real business constraints can mean that the best-laid plans have to be scrapped or delayed.\""}
{"_id": "9359", "title": "", "text": "It really is important to consider the safety of the audience and performers in any event. There should be a team of medics who are on standby to give first aid when needed. It is good that there are companies who offer the services of first aid professionals these days."}
{"_id": "9362", "title": "", "text": "\"Thank you very very much  It is the Opinion of the Board of Governors, that having a sexual relationship with a poodle does mean \"\"We have screwed the pooch\"\". There for while it may seem that a pooch is being screwed in the short term, in the long run our efforts will bear fruit in the creation of an EconoDoodle.  Thank you . .come again\""}
{"_id": "9373", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://reason.com/archives/2017/07/14/dont-let-unions-use-good-returns-to-defl) reduced by 89%. (I'm a bot) ***** &gt; Expect something to this effect: &amp;quot;The California Public Employees&amp;#039; Retirement System&amp;#039;s investment earnings for the fiscal year ending June 30 were above 9 percent, reconfirming the health of the state&amp;#039;s pension system-and debunking the naysayers who claim that unfunded pension liabilities will obliterate municipal and state budgets.\"\"  &gt; Even a year of good returns will do little to correct the vast level of pension underfunding.  &gt; The Pensions &amp; Investments article about the latest returns is aptly headlined, &amp;quot;Strong returns nice, but aren&amp;#039;t expected to last.&amp;quot; Ed Ring&amp;#039;s May 2016 California Policy Center analysis concluded that public pension funds &amp;quot;Will be hit much harder in a downturn than private pension funds&amp;quot; because they &amp;quot;Are not subject to the same rules that private pension funds have to adhere to.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ngouf/california_still_facing_pension_crisis_even_with/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~167506 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **pension**^#1 **year**^#2 **fund**^#3 **return**^#4 **California**^#5\""}
{"_id": "9381", "title": "", "text": "Been in tech research for quite some time through both '01 and '08, so I've seen different valuation metrics used at different times of the cycle.  I agree 4Q forward is the norm but I do 6Q forward model and depending on verticals, P/E, P/S or EV/EBIDTA.  And maybe DCF for sanity check.     Usually SSS/MAU/subs are used w/ ARPU or turns/B:B to derive top line. Earnings is an easy number to pull from bbg but the descriptive quality of earnings is not as good as EBITDA or FCF especially some companies choose to talk about adjusted numbers only.     Different strokes for different folks.  I must admit that based on my valuation model both AMZN/NFLX are both hard pass due to their valuation. But I was in AMZN in PA from my quant model.  Different strokes for different folks."}
{"_id": "9390", "title": "", "text": "\"Residential mortgages normally explicitly state that the property cannot be let without explicit permission, whereas BTL mortgages typically require that the property be let. There are other differences. Residential mortgages are regulated, which means that consumers have a degree of protection from mis-selling; most BTLs are not, as landlords are expected to know what they're doing. Affordability of residential mortgages are based on your income, since that is how you are going to pay for them. BTLs are (mostly) assessed based on the property's rental income, since it's that that will fund the mortgage. Finally, residential mortgages are typically done on a repayment basis, so that at the end of the term, you've paid off the entire loan, whereas BTLs are typically interest-only, on the assumption that you'll either sell the property, or remortgage, at the end of the term. (I've used words like \"\"typically\"\" a lot to give an overall picture of the differences. Obviously it's a bit more complicated than that, and there are exceptions to a lot of the above descriptions.)\""}
{"_id": "9403", "title": "", "text": "\"I am a CPA. Yes you can do what you are contemplating. Be careful that they do not take any taxes out of the money when you go to do the \"\"rollover\"\". If they do you will have to dip into your own pocket to put that back into the IRA.\""}
{"_id": "9416", "title": "", "text": "I think Burger King is doing better on quality than McDo's. McDonalds, as a organization, can't seem to even manage to serve fresh, fully-cooked fries. You either get hot, soggy fries because they were busy and didn't want to wait for the timer. Or you get cold, soggy fries that have been sitting around since the last rush because the manager doesn't want it showing up on their food wastage stats."}
{"_id": "9425", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/features/2016-05-30/the-untold-story-behind-saudi-arabia-s-41-year-u-s-debt-secret) reduced by 94%. (I'm a bot) ***** &gt; A former Treasury official, who specialized in central bank reserves and asked not to be identified, says the official figure vastly understates Saudi Arabia&amp;#039;s investments in U.S. government debt, which may be double or more.  &gt; Saudi Arabia&amp;#039;s situation has become so acute the kingdom is now selling a piece of its crown jewel-state oil company Saudi Aramco.  &gt; In the first of many special arrangements, the U.S. allowed Saudi Arabia to bypass the normal competitive bidding process for buying Treasuries by creating &amp;quot;Add-ons.&amp;quot; Those sales, which were excluded from the official auction totals, hid all traces of Saudi Arabia&amp;#039;s presence in the U.S. government debt market.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kzk9p/the_untold_story_behind_saudi_arabias_41year_us/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~158069 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Saudi**^#1 **Treasury**^#2 **U.S.**^#3 **Arabia**^#4 **oil**^#5\""}
{"_id": "9437", "title": "", "text": "Shopallitems online shopping destination, presenting as special selection of products, offerings and corporate gives on the maximum competitive charges to be had with pleasant and reliability  Shopallitems is Online shopping sites in uae, we paintings difficult to discover the pleasant services for you from Consumer Electronics, Cameras, Camcorders &amp; Photography, Audio Video systems, Computers, Projectors, Binoculars &amp; Telescopes, Home Appliances, Fashion, Beauty, Healthcare, Watches, Gold &amp; Diamonds, Sports, Office Equipment's, Lamps &amp; Lighting, Tours &amp; Travels, Fun &amp; Family, Food &amp; Dining and much extra. To make certain our clients experience a superior buying revel in, we handpick our offerings and work best with extraordinarily professional, select merchants and brands. This is our promise and assure. We are similarly dedicated to the fast and seamless fulfillment and shipping of your order, and within the uncommon situation something ought to now not move to devise, our customer service is standing by way of to help in any manner they can."}
{"_id": "9442", "title": "", "text": "I don't bother with produce at WFM because the premium isn't worth it to me. I think their salad bar and bakery are amazing. I don't go there too often, but I always leave happy when I do. I can be confident in the quality of what I put in my body."}
{"_id": "9454", "title": "", "text": "Planes may be mostly flying themselves but there are still pilots up there as systems monitors and they still have the overall responsibility for the safe operation of the aircraft.   I think all you and I are really debating here is the timeline.  take care, enjoyed our conversation."}
{"_id": "9465", "title": "", "text": "If the ship is sinking, switching cabins with your neighbor isn't necessarily a good survival strategy. Index funds have sucked, because frankly just about everything has sucked lately. I still think it is a viable long term strategy as long as you are doing some dollar cost averaging.  You can't think about long term investing as a steady climb up a hill, markets are erratic, but over long periods of time trend upwards. Now is your chance to get in near the ground floor.  I can completely empathize that it is painful right now, but I am a believer in market efficiency and that over the long haul smart money is just more expensive (in terms of fees) than set-it-and-forget it diversified investments or target funds."}
{"_id": "9471", "title": "", "text": "Definitely a scam. Don't call him or do anything. Stay calm, there is no damage done yet. I met someone online three weeks ago. ... Left his wallet, debit card, credit cards, drivers license, etc. in the room In the entire world its only you he can bank upon ... someone whom hes met online just few weeks ago; there are no relatives, friends !!! why would the hotel manager Fed-Ex or UPS the items to my home address ...  and not to his own address? Upon receipt, the engineer will give me his password to the Bank of America account so he can access his account Why doesn't he have internet? I am supposed to call him in the next hour or so and let him know if I will be doing this tomorrow. Don't call. Don't reply.  The $150 is just a starter bait to see if one is gullible enough to take it and then there is more and more by different ways."}
{"_id": "9477", "title": "", "text": "Favoring one position because it is more pleasant or resonates more emotionally despite the logical alternative  is the very definition of naivety.   It is unfortunate that people will lose their jobs but if a company is no longer financially viable, there is no way they can continue to employ them.   Also, touting your age as a counterpoint while not addressing any of the points is  going to sound condescending."}
{"_id": "9478", "title": "", "text": "Both of these terms do refer to your profit; they're just different ways of evaluating it. First, your definition of capitalization rate is flipped.  As explained here, it should be: On the other hand, as explained here: So cap rate is like a reverse unit cost approach to comparing two investments.  If house A costs $1M and you'll make $50K (profit) from it yearly, and house B costs $1.33M and you'll make $65K (profit) from it yearly, then you can compute cap rates to see that A is a more efficient investment from the point of view of income vs. amount-of-money-you-have-stuck-in-this-investment-and-unavailable-for-use-elsewhere. Profit margin, on the other hand, cares more about your ongoing expenses than about your total investment.  If it costs less to maintain property B than it does to maintain property A, then you could have something like: So B is a more efficient investment from the point of view of the fraction of your revenue you actually get to keep each year. Certainly you could think of the property's value as an opportunity cost and factor that into the net profit margin equation to get a more robust estimate of exactly how efficient your investment is.  You can keep piling more factors into the equation until you've accounted for every possible facet of your investment.  This is what accountants and economists spend their days doing. :-)"}
{"_id": "9479", "title": "", "text": "\"I don't think blanket answers are very helpful. You are asking the right question when you are young! You have a large number of investment options and Australia has the Superannuation system that you can extract significant tax value from. I've not attempted to grade these with regard to \"\"risk\"\", as different people will rate various things with different levels, depending on their experience and knowledge. Consider the following factors for you:-\""}
{"_id": "9484", "title": "", "text": "A fucking credit union.   Even if they use an all paper system and have no website, no phone app, and can only be contacted by fax or telephone, use a credit union.   Even if the only place you can get your money is a 45 minute drive to the next town, use a credit union.   Its not about finances, its about reclaiming basic human dignity in the world of American Finance."}
{"_id": "9506", "title": "", "text": "Network theory to the rescue.  Imitate the [PageRank algorithm](http://en.wikipedia.org/wiki/PageRank): to have a good rank you need to have a link with every other people who also have a good rank. This means the obvious: you need to network with your banker and with the maximum of people who have high-rank links with him (bosses, friends, coworkers). This will maximize the chances of your discovery (like searching for a node in a [graph](http://en.wikipedia.org/wiki/Graph_theory))."}
{"_id": "9512", "title": "", "text": "\"A suitable mix of index funds IS a great option if you don't want to spend a lot of time and effort micromanaging your money. If you find amusement in pushing numbers around, you may be able to do better. Notice: MAY. If you have multiple millions, you can hire someone of that sort to push the numbers around for you. They may do better for you. Notice: MAY. And remember that part of your additional gains have to go to pay them, which means they have to do better just to be worth having on staff in the first place. If you have more than that, there are some options available which smaller investors really can't get involved in. As one example: If you have enough money that you can lose $100K without especially noticing, you can get involved in venture capital and the like which require a large commitment AND are higher-risk but can yield higher returns. Anyone who's dismissing index funds as \"\"only for beginners\"\" is being foolish. But recommending them to beginners in particular is a good thing since they let you get into the market with fairly predictable risk/benefits without needing a massive investment in education and time.\""}
{"_id": "9522", "title": "", "text": "the pricing model makes all inverse leveraged ETF decay over time. When the price gets low the manager can once again do a stock split to make the share price more attractive. The manager usually states a price range that will prompt a stock split, but actually doing the split is at their discretion The Russell 2000 has to decrease a lot yes, but probably just a flash crash of 10% in a day can extend the TZA to extremely high bids and asks. A flash crash that far through the order books would wreck the liquidity of all the underlying assets and especially the derivatives products based on (derived from) those assets. So a mathematical formula to price the ETF during a period of high volatility and low liquidity becomes a lot less of a science and more of a random walk. A good example of this would be to look at the 2010 flash crash and the price behavior of the VXZ ETF, where it spiked to $400/share from maybe $60/share"}
{"_id": "9538", "title": "", "text": "\"This \"\"article\"\" is garbage, it doesn't even say if they will close down. India is pretty loose on copyright im sure these guys will continue to stay open under some sort of rebrand or even just keep using the mcdonalds name. They just presume that because mcdonalds pulled out these guys will just close up shop lol.\""}
{"_id": "9543", "title": "", "text": "This is a very personal situation of course, but if you can afford the repayments then I recommend keeping the house!. A house is a long term investment and one has to live somewhere. You probably didn't buy the house planning to sell it in 5 years so while in the short term you could suffer a loss on paper chances are things will pick up, they have to eventually. For each boom there is a bust, one for one."}
{"_id": "9554", "title": "", "text": "According to the (NIDA),  There are a few basic factors such as trouble at home, mental health issues, friends or family members who abuse drugs and alcohol. Drug addiction is very bad for body and mind. We provide the best Drug and alcohol addiction recovery in the world. If you have a family member who is addicted to some type of substance we hope, you will be the best treatment at our center."}
{"_id": "9560", "title": "", "text": "Despite QE, monetary expansion in the US has gone down for the last 10 years. I am not quite sure what you are asking. Yes banks have trillions at the Fed because of the central bank \u201cmoney printing,\u201d but none of that is leaking into the economy. Are you referring to central banks around the world purchasing US treasuries? Are you asking what assets are closely connected to treasuries that you can avoid?"}
{"_id": "9561", "title": "", "text": "How can banks be expected to make good decisions when they are not responsible for creating their own reserve? Do you think that the banking system could run without FDIC? And why? And what is your opinion on local banking vs. big corp banking?"}
{"_id": "9568", "title": "", "text": "That may become complicated depending on the State laws. In some States (California for example), LLCs are taxed on gross receipts, so you'll be paying taxes on paying money to yourself. In other States this would be a no-op since the LLC is disregarded. So you need to check your State law. I assume the LLC is not taxed as a corporation since that would be really stupid of course, but if it is then it adds the complexity of the Federal taxes on top as well (corporate entity will pay taxes on your rent, and you'll pay taxes on your dividends to get the money back). The best option would be to take that property out of the LLC (since there's no point in it anyway, if you're the tenant)."}
{"_id": "9573", "title": "", "text": "John E. Russi, CPA, PA accountants, advisors and consultants, is a full service independent public accounting firm. We offer our clients accounting, advisory and consulting services in a timely and responsive manner at reasonable rates.  Company Name: John E. Russi, CPA, PA  Address: 7575,Dr Phillips Blvd Suite 320                  Orlando, FL 32819                  US   Phone: (407) 345-1191   Website:  http://www.russicpa.com/"}
{"_id": "9579", "title": "", "text": "Good in theory, worse than our current system in practice. You can keep your drug from being created by anyone else on the planet by never filing a patent, all of which are public. Say goodbye to cheap genetics and day Hello to a larger monopoly."}
{"_id": "9597", "title": "", "text": "If you can still work, I think a very good course of action would be to invest the majority of the money in low-cost index funds for many years. The reason is that you are young and have plenty of time to build a sizable retirement fund. How you go about this course of action depends on your comfort level with managing your money, taxes, retirement accounts, etc. At a minimum, open an investment account at any of the major firms (Schwab, Fidelity, for example). They will provide you with a free financial advisor. Ideally s/he would recommend something like: Open a retirement account and invest as much as you can tax-free or tax-deferred. Since you already received the money tax-free, a Roth IRA seems like a no-brainer. Pick some low-fee equity funds, like an S&P 500 Index fund, for a large chunk of the money. Avoid individual stocks if you aren't comfortable with them. Alternatively, get a recommendation for a fixed-fee financial planner that can help you plan for your future. Above all, don't spend beyond your means! You have an opportunity to fund a very nice future for yourself, especially if you are able to work while you are still so young!"}
{"_id": "9632", "title": "", "text": "&gt; Your never done building your culture. It's not some sort of top ten list. It has to be maintained against entropy and natural employee churn  Yes but that doesn't mean the person who built it is also the best person to maintain/enforce it.  Bye Felicia."}
{"_id": "9640", "title": "", "text": "I haven't heard of a company allowing you to convert an after-tax 401k to a Roth 401k, though an after-tax 401k to a Roth IRA conversion is common and has basically the same upside. You'll have a taxable event on your gains until the point of the conversion, but that's a small price to pay to make sure all future gains are tax free. I agree, there really is no downside."}
{"_id": "9649", "title": "", "text": "The Euro is currently at 1.24. It's been lower than that before. Why do you think there is still so much money behind it? I'm not trying to push back, but do you know something that the market doesn't in terms of a collapse? Also, if you are so positive, are you heavily shorting the euro?  I by no means am convinced that the euro was a good idea. But I am convinced that they will do whatever they can to keep it alive."}
{"_id": "9656", "title": "", "text": "Simple rule for UK student loans. Never repay early. (http://www.moneysavingexpert.com/students/student-loans-repay) They are not real debt: only payable over threshold and wiped after 30 years (ish).  They do not appear as debt with Credit Agencies. If you have other debt, it is almost certainly at a higher rate or worse terms and should be paid off first If you don't have debt, then you can put the cash to better use: whether saving, mortgage deposit or avoiding worse debt in the future."}
{"_id": "9664", "title": "", "text": "Yes.  if it wasn't rigged before, it certainly is now.  High frequency trading and the ability to buy priority access to the exchange are the one two blows that killed it.  Honestly, the exchanges themselves should be network neutral.  It's an absolute crime that they aren't, it just takes money from normal people."}
{"_id": "9672", "title": "", "text": "\"You're talking about money in a savings account, and avoiding the risks posed by an ongoing crisis, and avoiding risk. If you are risk-averse, and likely to need your money in the short term, you should not put your money in the stock market, even in \"\"safe\"\" stocks like P&G/Coca-Cola/etc. Even these safe stocks are at risk of wild price swings in the short- to intermediate-term, especially in the event of international crises such as major European debt defaults and the like. These stocks are suitable for long-term growth objectives, but they are not as a replacement for a savings account. Coca-Cola lost a third of its value between 2007 and 2009. (It's recovered, and is currently doing better than ever.) P&G went from $74/share to $46/share. (It's partially recovered and back at $63). On the other hand, these stocks may indeed be suitable as long-term investments to protect you against local currency inflation. And yes, they even pay dividends. If you're after this investment, a good option is probably a sector-specific exchange-traded fund, such as a consumer-staples ETF. It will likely be more diversified and safer than anything you could come up with using a list of individual stocks. You can also investigate recommendations that show up when you search for a \"\"defensive ETF\"\". If you do not wish to buy the ETF directly, you can also look at listings of the ETF's holdings. Read the prospectus for an idea of the risks associated with these funds. You can buy these funds with any brokerage that gives you access to US stock exchanges.\""}
{"_id": "9674", "title": "", "text": "No studies are cited about the education of corporate management.  I bet you'd find a lot of those MBA's have undergrad degrees in engineering and science.  The company presidents where I worked were all former scientists or engineers with MBA's, including two astronauts.  Other aerospace companies were the same. The more technical the business, the more I bet this is true."}
{"_id": "9676", "title": "", "text": "\"First you must understand your Marginal Tax Rate (Tax Bracket)  The exemptions you claim are like saying to your employer \"\"tax me on $4050 less, or more\"\" for each change up or down of 1 exemption.  Say you look at the table (2016 tables at my main site) and see you are in the 15% bracket. And your refund is $2000. 2000/.15 is $13,333. So you want that $13K to not be taxed. Raising exemptions by 3 (3x4050 = 12,150) will get you close. $1822 closer to your goal.  For what it's worth, you can read through the instructions for the W4, of course. But this answer skips through the details and gets you to your goal.  One point to note, since the exemption is in whole numbers, and $4050 is it, you will get close, +/- $608 if in the 15% bracket, but to get dead on, you'd need a mid year adjustment. Not worth it. A refund of under $608 should be enough for a 15%er. ($1012 for a 25%er) If you ready want to nail the taxes to a closer accuracy, you can use the line requesting additional dollars be withheld.  Most W4 discussions miss this point.  The exact number withheld by your employer comes from an IRS document known as Circular E, but retrieved as Publication 15. It will help you confirm the validity of my dirty shortcut method.  What I do recommend is that you use a quick online tax calculator to do a dry run of you return, early in the year. If you see your withholding is off in either direction, best to adjust as soon as possible.  (The numbers here now reflect 2016's $4050 exemption, recent question on Money.SE have linked to this one, prompting me to update for 2016)\""}
{"_id": "9683", "title": "", "text": "[Brute Force](http://en.wikipedia.org/wiki/Brute-force_attack) Sending random hits to a server over and over again.  Three order books. One happens earlier, the other two simultaneously.  Bid ABT   105.00x1000   **Cancelled**   Bid APPL  105.00x1000   **Cancelled**  Bid AET   105.00x1000    **Cancelled**  Bid ACT   105.00x1000     **Filled**  The aforementioned happens before all else. Act's current value is 100.01.*   Ask Act 100.00x1000 **Limit order denied**  Ask Act 109.00x1000 **Filled**   The third order book is simply testing the waters to see what the guy making the ask is willing to pay.  *As well as all the cancelled orders, for the illustration."}
{"_id": "9714", "title": "", "text": "Hahaha. Oh yes! Brown rats, the second most successful mammal on the planet and the most well adapted human vermin, are totally only in your burger kings as opposed to fucking everywhere.   Fast food is plenty clean. Just about any large corporate food chain will get consistently good health inspection marks due to the cost savings of a strong central training policy. Also, rats don't get as big as rabbits. You may have been looking at an opossum."}
{"_id": "9726", "title": "", "text": "\"FYI, USA is not the only country in the world. If you try to stop people from making money, they will go do it elsewhere. Other countries are more than willing and competent, to accept these HFT folk.  Even if all countries stop HFT. There will be encrypted black markets for this on the internets. Google \"\"dark pools\"\". Regulators are light years behind the ingenuity shown by Wall Street to find inefficiencies in the market.  Computers and quantitative finance are here to stay. You cannot ask people to trade using emotions like during the Great Depression Era.\""}
{"_id": "9731", "title": "", "text": "5 reasons why should you buy HP laptops 1. First of all it is one of the best laptop manufacturer company, who provide all types of laptops for their customers. 2. You can buy easily from any store, but online it might be afforded with genuine guarantee. 3. It is compatible it gives you latest HP LAPTOP processor up to core i7 within reasonable prices and latest operating system. 4. You can buy all types of laptops from our online store which is Dubai, UAE based company, we are  online seller and deals in all types of products. 5. At our online store we sell you Hp laptops within at lowest range."}
{"_id": "9735", "title": "", "text": "\"BINGO.  Only thing wrong in your statement is that GenX is NOT (not even remotely) gaining control of anything... not yet.  **The Boomers are still in FULL CONTROL -- and IMO will be hanging onto that control by tooth and nail.** They will let go as a generation only when we can pry their \"\"cold, dead hands\"\" away.  The only things that (generally speaking) GenX'ers are in control of is the entities that they themselves have created (i.e. various internet companies, etc).  I don't think GenX will gain any REAL power positions or control until probably well past 2020 -- and then more likely than not, it will end up being \"\"shared\"\" control with GenY (who simply outnumber GenX by a wide margin).  GenX is like the \"\"middle kid\"\" in a family -- squeezed from both sides -- mistreated &amp; abused by older siblings, and having to be responsible for and mentoring their younger siblings (but given little or no credit for much of anything).  That's just the way the cookie crumbled.  (Something similar happened to the [\"\"Silent Generation\"\"](http://en.wikipedia.org/wiki/Silent_Generation) {who, born in circa 1925-1945, were stuck betwixt &amp; between the so called \"\"Greatest Generation\"\" and the Baby Boomers}. Said \"\"Silent Generation\"\" did a LOT of work and made a LOT of innovations (everything from being the \"\"grunts\"\" of WWII, to the Beatles, to the moon astronauts were Silents), but invariably the \"\"credit\"\" {and the \"\"power\"\" -- no \"\"Silent\"\" was EVER President of the US for example, despite several attempts} went to either the prior or the latter generations) -- so it's not like there isn't a precedent.\""}
{"_id": "9737", "title": "", "text": "100% scam. Run away. If you have already given the bank account, inform the bank and close the account. Else just close the new account opened.  Do not contact the scammer or reply back.... Just ignore ... Don't read any of scammer email, they are very convincing in why it's right and why it's not a scam."}
{"_id": "9748", "title": "", "text": "One way to determine compensation is as a percentage per actual hour billed (and paid by client). Very common place to start is 33% for company overhead/administration (insurance, taxes, office expense, etc), 33% for sales commission/costs (roughly half as direct sales commission, half for marketing), 33% as gross 1099 pay  compensation to the employee."}
{"_id": "9753", "title": "", "text": "The Australian Tax Office website shows Tax Rates for individuals based on the income earned in the Financial Year. Calculating what you'll be taxed For instance, it show that every dollar you earn up to $18,200, you are not taxed. Every dollar over that, up to $37k is taxed at 19 cents. And so on.. Example 1 So as an example, if your income for the year is $25,000 you will be taxed $1292. Working: Here's how it's look if you were doing it in a spreadsheet using the Tax Rates table on the ATO website as a guide:  Example 2 If you income is $50,000, it'd look like this:  Withholding Your employer is obligated to remove the taxable part from your wage each time your paid. They do that using the calculation above.  If at the end of the financial year, the ATO determines that too much as been withheld (ie. you've claimed deductions that've reduce your taxable income to less than what your actual income is), that's when you may be eligible for a refund. If your employer didn't withhold enough or you had income from other sources that haven't been taxed already, then you may actually need to pay rather than expecting a refund. Your question If you earn $18,200 in the year and for some reason your employer did withhold tax from your pay, say $2,000, then yes, you'll get all that $2,000 back as a refund since the Tax Rate for income up to $18,200 is $0.00. If you earned $18,201 and your employer withheld $2000, you'd get $1999.81 back as a refund ($2000 - 19c). You have to pay 19c tax on that $1 over $18,200."}
{"_id": "9766", "title": "", "text": "A log scaler on income would help visualize the data a little better. The physician is just so out of line with the other wages that it makes every other job seem to pay roughly the same. Or a break in the scale to look at outliers.   Or the data could be perfect and the zoom feature isn't working on mobile.   TLDR: According to this chart I should be a physician."}
{"_id": "9772", "title": "", "text": "Has anyone on this thread experienced this firsthand? I am interested in talking with older tech workers who have encountered the kind of ageism, or the kind of college campus, hackathon atmosphere of a young tech company that caters more toward twenty-somethings than employees with families. I report for Marketplace and am covering the issue."}
{"_id": "9786", "title": "", "text": "Having a strong brand name is of paramount importance in recruitment if you are to be at the top of your game.   But which companies are embracing the business of branding? And those that aren\u2019t using branded advertising, why not?"}
{"_id": "9793", "title": "", "text": "We have realized from our experience that rent to own is a scam. They want your money either way.   We are at the buying part, and finding it difficult to find a lender to give us full money the seller is asking us for the the house.  The house we have isn't valued at the same it was two years ago and now we are going to lose the house because we don't have the other $40 thousand they lied about at purchase price.  We will not do this again but coming from bankruptcies in the past is hard as well."}
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{"_id": "9813", "title": "", "text": "Using the advice of @user102008 , I read-through the booklet of State2, and it said the following: ... so I'm not going to include my State1 W-2s."}
{"_id": "9814", "title": "", "text": "\"Ever wonder why certain businesses won't accept certain credit cards? (The sign above the register saying \"\"Sorry, we don't accept AmericanExpress\"\"). It's because they don't want to pay that credit card company's transaction fees. One of the roles of the credit card company is to facilitate the transaction process between the customer (you) and the store. And now that using credit cards over cash or check is so ingrained in our culture, it creates extra work for the customer to make purchases at an establishment that is cash-only. Credit card companies know this, and so do businesses. So businesses will partner with credit card companies so that customers can use their cards. This way, everything is handled electronically (this can also benefit the business, since there's added security as they're not dealing with cash directly, and they don't have to manually count as much cash later). However a business may only budget a certain amount of their profits they want taken by credit card transactions. So if a company's fees are too high (say AmericanExpress, for example) and they are banking on you already having a Visa card, the company isn't going to go out of its way to provide the AmericanExpress option for you. If it were free for the business to use a credit card company's service at their stores, then they would all just provide the option for every card! So the credit card company making money is all contingent on you spending your money by using their credit card. You use the card, and the store pays the company for the transaction.\""}
{"_id": "9819", "title": "", "text": "&gt;a set fraction of the mean income, distributed to everyone whether or not they have other income.  Seems fair to me. I would also re-tool tax brackets so instead of being based on income, they'd be based on money eared relative to the national mean. That way the brackets are naturally dynamic."}
{"_id": "9830", "title": "", "text": "The answer to your question is very simple: The preauth and the shipment of the goods have no connection within the credit card system. It is possible to process a payment that does not cancel a preauthorization. This is needed for the case where you place two orders and the one you placed second ships first. A preauth can remain active for some time unless it is captured or cancelled. So in your case a preauth was placed and remained active. That you were shipped and billed for some goods had no effect on the preauth because one side or the other failed to attach them."}
{"_id": "9832", "title": "", "text": "A rising tide lifts all ships   Most (but not all) stocks trend along with the general market. Some trend right along with the market (and have a beta at, or very near, one) some follow the Market, but are less sensitive (having a beta of less than one). Some are hypersensitive (and would have a beta of greater than one).  Beta defined  So most of the day to day movement of a stock is because the general market is moving (in the same direction). Of course, exceptional news about the company would cause its price to move independent of the general market. But more often than not the price of a stock moves just because the rest of the market is moving."}
{"_id": "9843", "title": "", "text": "I believe the following statement by JAGAnalyst is incorrect: In your wife's case, if you have an HSA and she has traditional health benefits with an FSA, this is not considered a problem since she can only use the FSA money for expenses incurred by members of your family on her plan. Unless your FSA funds can only be used for your spouse's expenses and not yours (very few employer FSA plan documents state this), then the IRS will assume that the FSA funds are available to all family members, thus making you ineligible to contribute to an HSA. According to the link cited above above by JAGAnalyst regarding Eligible Expenses:  You can use your account funds for numerous health care-related products and services \u2014 for yourself, your spouse, and your qualifying child or relative."}
{"_id": "9845", "title": "", "text": "Your tax bracket is determined by your total taxable income in a given year, where money drawn from a traditional-style deferred-tax 401k or IRA is taxable income. (Money drawn from a Roth account was taxed before deposit and is not taxed when withdrawn after the relevant date.) Your recent salary history has no effect on this, except salary in the same year -- and there is no advantage to be gained by taking a deliberate pay cut for its own sake."}
{"_id": "9849", "title": "", "text": "\"Its called propaganda. This is a freaking bot that keeps posting anti-trump threads.    Take a look, the \"\"user\"\" has over 7,000 karma and 0 comment karma. They don't even try!  It has posted over 500 different threads in the 2 months it has been active, without making a single comment. Take a look at what all the threads are about, I'm sure you will be shocked. its probably a bot for /u/postnationalism\""}
{"_id": "9861", "title": "", "text": "I am assuming that you are talking about rolling a 401k over to an IRA since if you were rolling over to another 401k you probably would not have a choice as to where it would be. Ameriprise will generally have lower fees than JPMorgan. (Probably why your husband's mutual fund is with Ameriprise.) Additionally having both accounts with Ameriprise will better allow them to assist you with your long term financial planning. For these two reasons I would recommend rolling your account over to Ameriprise.   No, I do not work for Ameriprise"}
{"_id": "9876", "title": "", "text": "One reason a company might choose to pay a dividend is because of the desire of influential stockholders to receive the dividend.   In the case of Ford, for example, there are 70 million shares of Class B stock which receive the same dividend per share as do the common stock holders.  Even though there are 3.8 billion shares of common stock, the Class B owners (which are Ford family) hold 40% of the voting power and so their desires are given much weight.   The Class B owners prefer regular dividends because if enough were to sell their Class B shares, all Class B shares (as a block) would have their voting power drop from 40% to 30%, and with further sales all special voting would be lost and each Class B share would be equivalent to a common share in voting power. Hence the Class B owners, both for themselves and for all of the family members holding Class B, avoid selling shares and prefer receiving dividends."}
{"_id": "9883", "title": "", "text": "I highly doubt Walmart will be killed off by Whole Foods-Amazon. Sure you can buy tons of organic food at Wal mart and prices there might get squeezed but is Whole Foods brick and mortar stores also going to start carrying motor oil, tires, and cheap ass Hanes white shirts? I know Amazon carries those but it's still online."}
{"_id": "9906", "title": "", "text": "\"I'm loving this thread, by the way.  The answer to your question is yes: the PDE method and the martingale method lead to the same result.  I think this is intuitive, since they address the same things (drift, probability, etc).  Heath &amp; Schweizer (2000) have a nice paper in the Journal of Applied Probability that shows the (fairly general) circumstances under which the two methods will always have the same result.  It's titled \"\"Martingales versus PDEs in Finance: An Equivalence Result with Examples\"\".  My argument is that Black-Scholes is really an equilibrium model, not an arbitrage-free model.  Despite that, I'm claiming that it is possible to use BS (and any other equilibrium model) in a no-arbitrage manner by incorporating information from other securities, but that this doesn't make the underlying model and its assumptions a no-arbitrage model.  I think, basically, what I'm trying to say is that I don't think market completeness is really the issue, but rather that the issue is the difference between the model and reality.  Equilibrium models make a statement about what reality *should* be, given some parameters that you're supposed to know with certainty (all bets are off if you have to estimate them).  Arbitrage-free models explicitly use external, observed prices, *but do not explain why we observe those prices*.  In this context (and using these definitions), I'd say Black-Scholes is clearly an equilibrium model, albeit one built from some arguments that involve arbitrage.\""}
{"_id": "9921", "title": "", "text": "Practice exams are best for 2 weeks before the test date, then hitting your weak topics a bit.  Any studying in the last couple of days didn't help much for me at least.  Qbank is great for L1 but diminishing returns as the levels go on in my experience."}
{"_id": "9938", "title": "", "text": "The best source of financial statements would be from the company in question. On corporate websites of public listed companies, you can find such financial statements uploaded in the Investor's Relations section of their website. If their company does not have an online presence, another alternative would be to go to the website of the exchange the company is trading in (e.g. NYSE or NASDAQ) for financial data."}
{"_id": "9950", "title": "", "text": "There is no correct answer. It all depends on you. If you have a fund dedicated to a purpose (house, car, daycare, vacation, etc), in my opinion you are best served by keeping it dedicated to that function in most cases.  Say that you find a home that you want to by in two years. If you have good credit and appropriate debt/income ratios, your car payment will not pose a problem to getting that home. But not having enough money for a down payment will."}
{"_id": "9957", "title": "", "text": "\"Buy this book.  It is a short, simple crash course on personal finance, geared at someone in their 20s just starting out their career.  You can easily finish it in a weekend.  The book is a little dated at this point (pre housing bubble), but it is still valid.  I personally feel it is the best intro to personal finance out there. 99% of the financial advice you read online will be a variation of what is already in this book.  If you do what the book says, you should be in a solid position financially.  You won't be an investment guru or anything, but you will at least have the fundamentals. There are various \"\"protips\"\" for personal finance that go beyond the book, but I would advise against paying too much attention to them until you have the basics down.\""}
{"_id": "9960", "title": "", "text": "I'd like to know what the property taxes on something like that would be.  In either event - there are 6,000'^2 houses in my neighorhood for more than $5M - having a 1,000,000'^2 house for a year would be *awesome*.  One floor for paintball, one for a greenhouse, etc."}
{"_id": "9963", "title": "", "text": "B2C had a lot to do with this. The original vision of the US government for solar production was massive, Nevada and California installations, while a huge amount of installation today is sold directly to consumers who want to save on their energy bill or be environmentally conscious."}
{"_id": "9970", "title": "", "text": "I have a line of credit that I have attached to my checking account in case of an overdraft.   Since I haven't over drafted my checking account in 4 years, I typically borrow the minimum $5 from the line of credit and then pay it back the next day.   This usually costs me a couple of cents and I have to do it twice a year, but it keeps the account active and they don't close it down."}
{"_id": "9978", "title": "", "text": "\"Recently I did some experiments with EUR/USD cross and, according to my findings it turned out that the maximum volatility occurs in the range 9-12AM (EST). Each currency pair has its own \"\"top volatility\"\" time window, so it really depends on what you want to trade.\""}
{"_id": "9984", "title": "", "text": "If you are looking for quality floors for your garage then just get in touch with a leading company. Such companies offer epoxy garage floors that have a number of benefits including easy to clean, stain resistance, durability and safety."}
{"_id": "9999", "title": "", "text": "Hi /u/hmatt330/, I just analyzed your comment history and found that you are a super positive commenter! Congratulations! [view results](http://ruadick.com/user/hmatt330/) - Ranked #1592 of 164263 - I took the liberty of commenting here because you are an extreme outlier in the Reddit commenter community. Thanks for your contribution to this Reddit comment sentiment analyzation project. You can learn the ranking of any reddit user by mentioning my username along with the username of the Redditor you wish to analyze in a comment. Example: /u/opfeels/ /u/someusernamehere/"}
{"_id": "10006", "title": "", "text": "Firstly, good on you for thinking about it before you commit to it. Next.  Chelonian provides lots of detail.  Read that answer. Consider the cost of going.  Use your local community college.  Use a state school.  Get a job as an intern or another entry level position, with an employer that will reimburse you for education.  Consider the military in the United State.  Consider not going. That last one sounds rough, but do you have a very clear idea in your mind what you want to do for a living?  I would suggest that at today's costs, figuring out what you want to do should be done before you commit to school."}
{"_id": "10011", "title": "", "text": "\"If you force people to pay into the system more, then you can spend more and still claim the deficit is decreasing.   If you increase government spending without increasing government revenue, then the deficit increases.   If you increase government spending while also increasing government revenue, then the deficit doesn't increase.   But that doesn't mean shit. Government revenue is mainly taxes. And the middle class pays most of them. Hence, \"\"the middle class carry more\"\" line above.\""}
{"_id": "10017", "title": "", "text": "You should not look at volume in isolation but look at it together with other indicators and/or the release of news (good or bad). When there is lower than average volume this could be an indication that the stock is in a bit of a holding pattern, possibly waiting for some company or economic news to come out (especially when accompanied by small changes in price). It could also mean that trading in a certain direction is drying up and the trend is about to end (this could be accompanied with a large move in price). When there is higher than average volume (2 to 3 times more or higher), this could be due to the release of company results, company or economic news, or the start or end of a trend (especially if accompanied by a gap). A large increase in volume accompanied by a large fall in price (usually a gap down) may also be an indication the stock has gone ex-dividend. There could be a range of reasons for variations in volume to the average volume. That is why you need to look at other indicators, company reporting and news, and economic news in combination with the volume changes to get a grasp of what is really happening."}
{"_id": "10060", "title": "", "text": "Really? You think this is all on the developers having their head in their ass? Do just a little bit of research and you will see why developers are building expensive homes. Since I know you won't research a damn thing, I'll share it with you- Permits, licenses, taxes, fees are absurd. Many of these are assigned and voted on by the local government. If developers were able to make a profit on homes less than 225k, they'd be building them faster and more frequently than you masterbate."}
{"_id": "10082", "title": "", "text": "AUD is not a great choice as it has nowhere to go against USD but down. Take a look at the 5 year graph http://au.finance.yahoo.com/q/bc?s=AUDUSD=X&amp;t=5y&amp;l=on&amp;z=l&amp;q=l&amp;c=  Most in Australia predict that it will eventually hover around 0.8, at which point you would have lost almost 20% of your savings.  Another thing is that savings interest is taxed in Australia, so take that rate with a grain of salt. For a typical household that would be a 30% tax, at which point it is just in line with inflation, so real term growth is nil."}
{"_id": "10089", "title": "", "text": "Congratulations on deciding to save for retirement. Since you cite Dave Ramsey as the source of your 15% number, what does he have to say about where to invest the money? If you want to have instantaneous penalty-free access to  your retirement money, all you need to do is set up one or more ordinary accounts that you think of  as your retirement money. Just be careful not to  put the money into CDs since Federal law requires a penalty of three months interest if you cash in the CD before its maturity date (penalty!) or put the money into those pesky mutual funds that charge a redemption fee (penalty!) if you take the money out within x months of investing it where x can be anywhere from 3 to 24 or more. In Federal tax law (and in most state tax laws as well) a retirement account has special privileges accorded to it in that the interest, dividends, capital gains, etc earned on the money in your retirement account are not taxed in the year earned (as they would be in a non-retirement account), but the tax is  either deferred till you withdraw money from the  account (Traditional IRAs, 401ks etc) or is waived completely (Roth IRAs, Roth 401ks etc). In return for this special treatment, penalties are imposed (in addition to tax) if you withdraw money from your retirement account before age 59.5 which presumably is on the distant horizon for you. (There are some exceptions (including first-time home buying and extraordinary medical expenses) to this rule that I won't bother going into). But You are not required to invest your retirement   money into such a specially privileged retirement   account. It is perfectly legal to keep your retirement money   in an ordinary savings account if you wish, and pay taxes on the   interest each year.  You can invest your retirement   money into municipal bonds whose interest is free of   Federal tax (and usually free of state tax as well   if the municipality is located in your state of   residence) if you like. You can keep your retirement money in a   sock under your mattress if you like, or buy a   collectible item (e.g. a painting) with it   (this is not permitted in an IRA), etc. In short, if you are concerned about the penalties imposed by retirement accounts on early withdrawals, forgo the benefits of these accounts and put your retirement money elsewhere where there is no penalty for instant access.  If you use a money management program such as Mint or Quicken, all you need to do is name one or more accounts or a portfolio as MyRetirementMoney and voila, it is done. But those accounts/portfolios don't have to be retirement accounts in the sense of tax law; they can be anything at all."}
{"_id": "10090", "title": "", "text": "This is your best answer so far. A detail left out is that derivatives are mostly known for the amount of leverage allowed, which is typically about 20-1, or 5% down. This is legal because it's generally assumed that someone is not going to buy or sell the underlying asset, that they will offset their long or short position long before the contract's delivery date. Your derivative broker(typically futures instead of forwards, because they're a standardized size, traded on an exchange and more liquid) will call you when you lose about half of your 5% to tell you to either transfer some money to cover your position or to ask you to exit your position at a loss.  Fowards are traded through clearinghouses, not exchanges, and they can be for any underlying asset, for any delivery date, for any price, so long as parties agree on it. Just think of it as a contract."}
{"_id": "10093", "title": "", "text": "With Travelguysonline, you have adaptability when you reserve your next vacation trip, which enables you to work with your own funds. If you go to the next trip with your family, You will need a transportation for your trip, then we provide Car rental services at the cheapest price. Prepay for your rental and get a portion of the least expensive rates book ahead of time with no charge card required.\u2014you basically pay at pickup"}
{"_id": "10098", "title": "", "text": "To a certain extent, small cap companies will in general follow the same trends as large cap companies. The extent of this cointegration depends on numerous factors, but a prime reason is the presence of systemic risk, i.e. the risk to the entire market. In simple terms, sthis is the risk that your portfolio will approach asymptotically as you increase its diversification, and it's why hedging is also important.  That being said, small cap businesses will, in general, likely do worse than large cap stocks, for several reasons. This was/is certainly the case in the Great Recession.  Small cap businesses have, on average, higher betas, which is a measure of a company's risk compared to the overall market. This means that small cap companies, on average outperform large cap companies during boom times, but it also means that they suffer more on average during bear times. The debate over whether or not the standard beta is still useful for small cap companies continues, however. Some economists feel that small cap companies are better measured against the Russell 2000 or similar indexes instead of the S&P 500.  Small cap companies may face problems accessing or maintaining access to lines of credit. During the Great Recession, major lenders decreased their lending to small businesses, which might make it harder for them to weather the storm.  On a related point, small businesses might not have as large an asset base to use as collateral for loans in bad times. One notable large cap company that used its asset base to their advantage was Ford, which gave banks partial ownership of its factories during hard times. This a) gave Ford a good amount of cash with which to continue their short-term operations, and b) gave the banks a vested interest in keeping Ford's lines of credit open. Ford struggled, but it never faced the financial problems of GM and Chrysler.  Despite political rhetoric about Main Street vs. Wall Street, small businesses don't receive as much government aid in times of crisis as some large cap companies do. For example, the Small Business Lending Fund, a brilliant but poorly implemented idea in 2010, allocated less than $30 billion to small businesses. (The actual amount loaned was considerably less). Compare that to the amounts loaned out under TARP. Discussions about corporate lobbying power aside, small businesses aren't as crucial to the overall stability of the financial system Small businesses don't always have the manpower to keep up with changes in regulation. When the Dodd-Frank Act passed, large banks (as an example), could hire more staff to understand it and adapt to it relatively easily; small banks, however, don't always have the resources to invest in such efforts.  There are other reasons, some of which are industry-specific, but these are some of the basic ones.  If you want visual confirmation that small cap businesses follow a similar trend, here is a graph of the Russell 2000 and S&P 500 indexes:  Here is a similar graph for the Russell 2000 and the Dow Jones Industrial Average.   If you wanted to confirm this technically and control for the numerous complicated factors (overlap between indexes, systemic risk, seasonal adjustment, etc.), just ask and I'll try to run some numbers on it when I have a chance. Keep in mind, too, that looking at a pretty picture is no substitute for rigorous financial econometrics. A basic start would be to look at the correlation between the indexes, which I calculate as 0.9133 and 0.9526, respectively. As you can see, they're pretty close. Once again, however, the reality is more complicated technically, and a sufficiently detailed analysis is beyond my capabilities. Just a quick side note. These graphs show the logarithm of the values of the indexes, which is a common statistical nuance that is used when comparing time series with radically different magnitudes but similar trends.  S&P500 and Russell 2000 data came from Yahoo! Finance, and the Dow Jones Industrial Average data came from Federal Reserve Economic Data (FRED) Per usual, I try to provide code whenever possible, if I used it. Here is the Stata code I used to generate the graphs above. This code assumes the presence of russell2000.csv and sp500.csv, downloaded from Yahoo! Finance, and DJIA.csv, downloaded from FRED, in the current directory.  Fidelity published an article  on the subject that you might find interesting, and Seeking Alpha has several pieces related to small-cap vs. large-cap returns that might be worth a read too."}
{"_id": "10103", "title": "", "text": "\"I don't know what the OP means when he says I want to invest in health insurance from now on so that I can use the policy after I retire. Generally, a health insurance policy covers costs incurred during the current calendar year (or specific period such as July 1 of one year through June 30 of the next year) and does not cover future periods. Indeed, many policies do not guarantee renewal when the current period ends (with exceptions for employer-provided coverage through COBRA in case employment ends). So investing in a health insurance policy meaning that you pay the premiums now, and the insurance company provides the policy in the distant future is  something that is new to me. Besides, what will the policy include? If someone had bought such a policy many years ago, say, before CAT scans and MRI were developed, would the policy cover such new developments? Or the policy would cover only those procedures, tests, and medications that are available when the policy is written and the insurance premiums start to be paid? The long-term health of the insurance company is also of some concern.  When something is offered to me with a lifetime guarantee, I skeptically ask, \"\"My lifetime or the device's life time or the company's lifetime?\"\"\""}
{"_id": "10128", "title": "", "text": "&gt;Education is totally depending on the skills and mindset of the student. Many many students can be self taught and/or are motivated to learn. They don't need teachers.  This is a good niche for automation. IMHO the best model would be to allow students to access resources in isolation then arrange a catch-up class with a facilitator to encourage discussion. That way the benefits of automation and human interaction are realized."}
{"_id": "10147", "title": "", "text": "Most construction is not done in 110 degree heat and there are plenty of immigrants making, what to them are good wages, but compared to prior construction wages, not great. Just because you haven't met them means little.   And most people with the option to work for Apple as a programmer are not the people looking to be in construction. Same could be said of all the people looking for the jobs at Amazon warehouses this week."}
{"_id": "10155", "title": "", "text": "Amazon is not just in retail business anymore. They're in more logistics and internet infrastructure business. While it's true some customers will turn to walmart to save few dollars. Then customers will have to deal with slow delivery and bad website.   Price is no longer a threat to Amazon."}
{"_id": "10171", "title": "", "text": "\"To add to @keshlam's answer slightly a stock's price is made up of several components: the only one of these that is known even remotely accurately at any time is the book value on the day that the accounts are prepared. Even  completed cashflows after the books have been prepared contain some slight unknowns as they may be reversed if stock is returned, for example, or reduced by unforeseen costs.  Future cashflows are based on (amongst other things) how many sales you expect to make in the future for all time. Exercise for the reader: how many iPhone 22s will apple sell in 2029? Even known future cashflows have some risk attached to them; customers may not pay for goods, a supplier may go into liquidation and so need to change its invoicing strategy etc.. Estimating the risk on future cashflows is highly subjective and depends greatly on what the analyst expects the exact economic state of the world will be in the future. Investors have the choice of investing in a risk free instrument (this is usually taken as being modelled by the 10 year US treasury bond) that is guaranteed to give them a return. To invest in anything riskier than the risk free instrument they must be paid a premium over the risk free return that they would get from that. The risk premium is related to how likely they think it is that they will not receive a return higher than that rate. Calculation of that premium is highly subjective; if I know the management of the company well I will be inclined to think that the investment is far less risky (or perhaps riskier...) than someone who does not, for example. Since none of the factors that go into a share price are accurately measurable and many are subjective there is no \"\"right\"\" share price at any time, let alone at time of IPO. Each investor will estimate these values differently and so value the shares differently and their trading, based on their ever changing estimates, will move the share price to an indeterminable level. In comments to @keshlam's answer you ask if there is enough information to work out the share price if a company buys out the company before IPO. Dividing the price that this other company paid by the relative ownership structure of the firm would give you an idea of what that company thought that the company was worth at that moment in time and can be used as a surrogate for market price but it will not and cannot accurately represent the market price as other investors will value the firm differently by estimating the criteria above differently and so will move the share price based on their valuation.\""}
{"_id": "10174", "title": "", "text": "\"Heh, that reminds me of the \"\"mutant\"\" disproof of God.  God is theoretically perfect.  If God is perfect, he has laser eyes.  If man is made in God's image, he should also have laser eyes.  Man does not have laser eyes.  In conclusion, no perfect God.  The logic is wonky, but the argument always makes me smile.\""}
{"_id": "10180", "title": "", "text": "\"Depending on how you view the loan, it could either be considered an Asset or a Liability.  Since you are not charging interest, it might seem more intuitive to create an \"\"Assets:Cash Loan\"\" account, and transfer money to & from it (when you receive payments) like you would with a bank account. Personally, I prefer to think of all loans as liabilities.  Whether it's a debt which you owe someone, or a balance which someone else owes you, since it's an 'unsettled' amount I file it under \"\"Liabilities:Loan\"\".  Either way, you record the initial balance as a debit from your bank, and then record payments as credits back to your primary account. The only way that income or expenses ever gets involved would be if you charged interest (income) or if you forgave some or all of the loan (expense) at some point in the future.\""}
{"_id": "10191", "title": "", "text": "Actually it was through my own research because I despised the guy until about a month before the election.  Spent hours trying to prove he was a racist pouring over every word that ever entered his mind on Twitter.  Turns out the media was completely full of it.  What a relief that was.  I actually thought we were going to have a racist homophobic nazi for a president."}
{"_id": "10197", "title": "", "text": "It depends on which of the big4. Some of them have more revenue and profit from consulting than from audit. Specifically, some of the big4 have failed at growing their consulting business to be competitive with the consulting arms of other firms and/or sold off their consulting groups and are in the process of rebuilding."}
{"_id": "10217", "title": "", "text": "Lightning is an unpredictable phenomenon. Each year thousands of properties are destructed and damaged globally by lightning strikes. Lightning damage in the US alone cost over 5 billion-dollars annually. A properly installed lightning system can safeguard and prevent damage up to 98%. Click here for more details: https://www.goodreads.com/user/show/68791054-william-porter"}
{"_id": "10219", "title": "", "text": "At Elite Curbing, we offer all that you need to guarantee that your garden is strong and prosperous all through the whole year.  Although whether you require essential grass care and upkeep, a foundation of new turf,  arrangement and moreover execution, can offer help! We are a full advantage curb scene organization, Despite whether your property is private or business, we suspect getting to be noticeably familiar with your yard and making sense of how we can best serve you!"}
{"_id": "10228", "title": "", "text": "Eh? So the free-lance web developer's argument is that using old technology makes your site slower and thus scares customers away.   That's exactly what I would expect a freelance web developer to say to try and drum up business, but that's not usually the case at all.  Older tech is generally faster than newer tech because it doesn't come pre-built on bloated frameworks.  It's usually a static website without a complicated back-end or frontend.  There are exceptions, but newer sites are chosen for ease of development, maintanability, and it's what the developers know.  Speed is often lost, but it's made up by improvements in the hardware.   **Edit**: Oh, I just took a look at your posting history.  This is basically your blog spam."}
{"_id": "10247", "title": "", "text": "\"Going through the list of economies that currently use the dollar, all of them list cents as a fractional unit. In Hong Kong and Taiwan, the 1/100 fractional unit is still called a cent, but it's no longer in circulation in coin form and only finds use in financial markets or electronic payments.  In countries like Malaysia, the word \"\"sen\"\" is used as the translation of the word \"\"cent\"\", even though the word for the actual currency, \"\"ringgit\"\", isn't a translation of the word \"\"dollar\"\".  A similar situation occurs in Panama. The local currency is called the balboa, and it's priced on par (1:1) with the US dollar. US banknotes are also accepted as legal tender, and Panamanians sometimes use the terms balboa/dollar interchangeably. The 1/100 subdivision of the balboa is the cent\u00e9simo, which is merely a translation of cent. Like Malaysia, the fractional unit is called \"\"cent\"\" (or a translation) but the main unit isn't merely a translation of the word \"\"dollar.\"\" On a historical note, the Spanish Dollar was subdivided into 8 reales in order to match the German thaler (the word that forms the basis for the English word \"\"dollar\"\").\""}
{"_id": "10258", "title": "", "text": "\"&gt;We need effective price controls on pharmaceuticals. Why are US made drugs cheaper in Europe?   Because single payer/universal healthcare gives more leverage to the pharma buyer.  Instead of raising the prices as much as the market will bear, the government can say \"\"this is what we are offering, or else you lose on millions of potential customers\"\".\""}
{"_id": "10275", "title": "", "text": "\"In your words, you want to \"\"easily determine whether an item was purchased as part of our individual accounts, or our combined family account.\"\" It's not clear exactly to me what kind of reporting you're trying to get. (I find a useful approach here to be to start with the output you're trying to get from a system, and then see how that maps to the input you want to give the system.) Here's some possibilities:\""}
{"_id": "10284", "title": "", "text": "Source: I'm recently (2 years) out of college (Info Sciences + Technology degree) Disclaimer: Speaking from limited personal experience (see above) A lot of corporate recruiters like the prospect of hiring recent college grads of because of the location flexibility they have (typically own no real estate, are not married, and have no children). If you get a job with Amazon and relocate, take a year to settle your finances, then determine if purchasing a house is something you can manage. If you don't have a savings set aside for a reasonable down payment on a house, you'll get hit with a mortgage insurance payment each month =\\, and that's not fun. Don't try to do too much at once, and make sure you have a full assessment of your finances before making any major purchases. I follow this general rule: Every few months, I fully re-assess our expenditures, and see what we can cut out or cut back on, put a bit into savings, and put the rest against outstanding student loans."}
{"_id": "10290", "title": "", "text": "You can't insure for more than the financial cost of the event that you're insuring against, but that can be more than the current market value of the item. If you'd need to buy a new one, then that's your financial loss. New-for-old cover is common for property insurance."}
{"_id": "10294", "title": "", "text": "If you're already in Australia you can just put your money in a savings account.  The type of trade you're describing is called a carry trade, it makes money on the interest rate difference but gives you exposure to risk that the exchange rates change.  You can, of course, leverage your money to get an even greater return at a higher risk. What you do is *borrow* USD, convert to AUD, and put in an Australian bank. In FX lingo this would be long AUDUSD."}
{"_id": "10301", "title": "", "text": "\"I had to look up the word contentious real quick. Thank you for that, added it to my lexicon!   That makes a lot of sense. Thus far, I was fortunate enough to only view videos from renowned economists and study from textbooks. I feel like this adds another layer to this entire field. Until now, all the problems  I read in the books were fixed, and under the assumption of the \"\"perfect market.\"\"    I had almost forgotten that people react to incentives. (Advocate a certain stance because it's beneficial to you, not necessarily the majority) It's funny how learning little things affect so much of my perspective! Thank you.\""}
{"_id": "10321", "title": "", "text": "\"I just want to point out that this can happen anywhere, teachers with tenure who get into big trouble \"\"retire early\"\".  The whole country could do with a heaping helping of accountability. I've already seen unauthorized charges on my credit card, and I'm sure it'll continue for years to come.\""}
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{"_id": "10324", "title": "", "text": "I work at a FOREX broker, and can tell you that what you want to do is NOT possible. If someone is telling you it is, they're lying. You could (in theory) make money from the SWAP (the interest you speak of is called SWAP) if you go both short and long on the same currency, but there are various reasons why this never works. Furthermore, I don't know of any brokers that are paying positive SWAP (the interest you speak of is called SWAP) on any currency right now."}
{"_id": "10351", "title": "", "text": "The company had been through many rounds of private financing prior to that.  There was a particular round where Mercedes Benz invested a lot of money which Elon credits with saving the company.  Elon says that the company would probably have survived but just taken longer to get to market, or done so at a slower ramp, without the government money.  Of course, he may be saying that for whatever PR reasons, but he's been pretty open about when the company was on the brink of death before, so I tend to believe it.  Keep in mind, they had already made money on the Roadster prior to the government loan (not a lot, but had they not been spending on Model S R&amp;D it would have produced a profit - but the whole intent to begin with was to fund Model S R&amp;D with the Roadster).  Also, the government loan was a loan, and that loan was paid back.  I don't see people criticizing Nissan, for example, for taking government loans, even though theirs was 10x the size of Tesla's and has not yet been paid back (by the way, I also am not criticizing Nissan for that, I'm just saying neither should be criticized).  Tesla, in fact, got the least money of any company out of that particular loan program.  Including Fisker, who got more money despite having a worse business plan."}
{"_id": "10374", "title": "", "text": "Exactly. Newer sets are both better and cheaper than in the past. The basic airport + airlplane set has doubled in pieces and slightly reduced in price, (when adjusted for inflation) since the 80'ies.  The reason people think it's more expensive now is because now we are adults and paying for it ourselves. When we were kids our parents bought our LEGO and we had no concept of exactly how much money they were pouring into our toy collections."}
{"_id": "10384", "title": "", "text": "Gas prices mysteriously drop every Autumn, and many people claim it's because of politics. Usually, for the past major elections, some Republicans in some form were up for election or re-election.  Oil companies and economists claim gas prices always drop in the Autumn due to lower demand, production cycle, etc.  This is the first time in 16 years a Democrat president is up for re-election (one particularly hated by the right-wing), and the gas prices *mysteriously* are rising in the Autumn (drastically, I might add) rather than falling like they usually do.  Coincidence?"}
{"_id": "10397", "title": "", "text": "At the current share price we (i.e. U.S. taxpayers)[ have lost $16 billion in the bailout.](http://www.detroitnews.com/article/20120605/POLITICS01/206050364/Romney-vows-quick-U-S-exit-from-GM?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE) I wonder how long the government plans to be in the auto business - and how we plan to eventually unload the shares without affecting the share price too much.    And yes, I realize I linked to an article about Romney, but there's some solid information a few paragraphs down."}
{"_id": "10399", "title": "", "text": "Where are they going to get money from? Their bonds are worthless because they have no viable way of ever paying back debt so why would anyone lend money to them. You, and Keynes think that you can fuel debt with more debt, but all this does is build a massive debt bubble that has to pop at some point. This is exactly what these nations did for years and now are beginning to realize that they can no longer issue debt."}
{"_id": "10406", "title": "", "text": "So basically they are trying to see two things.  One is whether prices are correlated to each other for long periods of time as a preliminary study suggested (which would go against efficient markets hypothesis, since you could use that info to game the market) or if that result is illusory and the long term returns are close to a standard normal distribution which would follow the effiecient markets hypo.  The second thing I don't follow as well, but they're trying to solve the first thing so that they can then look at why, when they look at returns at different time scales, (1minute, one hour, one week), the model which had been proposed for these returns is not supported by the data  (the first thing). They say that the old model (Levy) says that the variability should not be the same at the different time scales, but the data suggests that it is.  So they then propose a modification of the old Levy model, and say that it would also explain the strange first result they looked at. (that prices are correlated for longer periods).  That probably doesn't make any sense, but you might have more luck by posting in /r/statistics."}
{"_id": "10409", "title": "", "text": "There is no limit on the output maximum in one year. The strength of the HSA is that if you don't spend all the money in the account, it rolls over to the next year. The benefit is that if a few years down the road you get a huge medical bill you are protected because you can pull it out of the HSA.  The goal for me was to build up the account to a level that even if I had to may the maximum out of pocket for my insurance policy the money game from previous years deposits and current year deposits. Even you ever have the situation where the employer doesn't offer a high deductible plan the money for co-payments and medicines can still be pulled from the pre-existing HSA.  If the government did limit you to withdraws not exceeding current year deposits the roll over feature would be worthless."}
{"_id": "10429", "title": "", "text": "Agreed about the Zune. I got the very first gen for free which is why I gave it a chance, but had it broken I would have gladly purchased another. I used that thing daily for years and the only reason it retired is because my smartphone took over. It's in a box in the closet and looks as new as the day that I got it even after heavy use. One of many Microsoft products that people made fun of without ever giving it a shot."}
{"_id": "10436", "title": "", "text": "&gt; They still lead the industry in the move to driverless taxis, which is what their entire model is based on.  The first company to really nail driverless is who will own that space. They aren't leading there in the tech, they just have a large customer network ready to plug a solution into. If a big company who can afford to spend $$$ to build their customer network gets to fully functional levels of driverless first, they are in trouble."}
{"_id": "10440", "title": "", "text": "I see a lot of answers calculcating with incomes that are much higher than yours, here is something for your situation: If you would keep your current income for the rest of your life, here is approximately how things would turn out after 40 years: All interest is calculated relative to the amount in your portfolio. Therefore, lets start with 1 dollar for 40 years: With your current income, 15% would be 82.5 dollar. At 12% this would over 40 years get you almost 1 million dollar. I would call a required return of more than 12% not 'likely'. The good news, is that your income will likely increase, and especially if this happens fast things will start to look up.  The bad news is, that your current salary is quite low. So, it basically means that you need to make some big jumps in the next few years in order to make this scenario likely. If you can quickly move your salary towards ranges that are more common in the US, then 15% of your income can build up to a million before you retire. However, if you just follow gradual growth, you would need to get quite lucky to reach a million.  Note that even if reaching a million appears unlikely, it is probably still a good idea to save!"}
{"_id": "10476", "title": "", "text": "As a 22 year old planning for your financial life, it is obvious to say that saving as much as you can to invest for the long run is the smartest thing to do from a financial point of view.  In general, at this point, aged 22, you can take as much risk as you'll ever will. You're investing for the very long term (+30/+40 years). The downside of risk, the level of uncertainty on returns (positive or negative), is most significant on the short term (<5years). While the upside of risk, assuming you can expect higher returns the more risk you take, are most significant on the long term.  In short: for you're financial life, it's smart to save as much as you can and invest these savings with a lot of risk.  So, what is smart to invest in? The most important rule is to keep your investment costs as low as possible. Risk and returns are strongly related, however investment costs lower the returns, while you keep the risk. Be aware of the investment industry marketing fancy investment products. Most of them leave you with higher costs and lower returns. Research strongly suggests that an lowcost etf portfolio is our best choice. Personally, i disregard this new smart beta hype as a marketing effort from the financial industry. They charge more investment costs (that's a certain) and promise better returns because they are geniuses (hmmm...). No thanks. As suggested in other comments, I would go for an low cost (you shouldn't pay more than 0.2% per year) etf portfolio with a global diversification, with at least 90% in stocks. Actually that is what I've been doing for three years now (I'm 27 years old)."}
{"_id": "10479", "title": "", "text": "ermm yah but back then robots weren't replacing humies... we can get our jobs completed with robots now, so where is the job creation? horse carriage extinction translated to automobile manufacturing jobs, how is that similar to what's happening now? there will for sure be high tech robot repair jobs... but certainly not enough to replace burger boys who just got out of san quentin.. while it's true completely new jobs will be created in the future, what is the likelihood that a robot will be able to tackle that new job? pretty good chance there's gonna be more and more robots for more diverse jobs!   down with robots!"}
{"_id": "10483", "title": "", "text": "Most people today (and maybe regardless of era) are irrational and don't properly valuate many of their purchases, nor are they emotionally equipped to do the math properly, including projection into the future and applying probabilities. This compounds.  Imagine that each individual is bound to others by a rubber band and can stretch in a certain direction.  The more your neighbors stretch, the more you are both motivated to stretch and able to stretch.  These are crudely analogous to consumer wants as well as allowed consumer debt.  The banks are also within this network of rubber bands and much of their balance sheet is based on how far they've stretched on the aggregate of all connected bands (counting others debts as their credit because it will presumably be repaid), and every so often enough people's feet slip that a lot of rubber bands snap back.  This is a bubble bursting."}
{"_id": "10488", "title": "", "text": "Looks like you are one on the ones that was not bred for its intelligence.  Look, GlodaSuckKoshrKnob, if you are going to make stupid assertions, find out why a Senior Pakistani Officer has always been stationed at Centcom HQ.  North Korea has not been Annihilated and is very much in the process of becoming a bigger pain in your lilly white ass, just like Iran."}
{"_id": "10500", "title": "", "text": "You need to meet a woman (or man if you are in a state that allows same sex marriage) who has a carried forward loss or other loss that exceeds the $3K/yr they can take against their own income. If they had a loss of $200K some time ago, and are taking $3K/yr, they may still have $100K they can offset with you.  Marriages have been based on less than this."}
{"_id": "10521", "title": "", "text": "Groups of three or four students will jointly decide on a Fortune 500 business in the United States and research this business and its practices in the United States. ( we chose Apple) Beyond a business concentration, focus on components of a concentration for your paper: i.e. benefits, accountability in accounting practices, direct to consumer marketing et al. Other members do research on HR, Marketing, accounting, and I have to research on finance."}
{"_id": "10526", "title": "", "text": "\"[...] are all bonds priced in such a way so that they all return the same amount (on average), after accounting for risk? In other words, do risk premiums ONLY compensate for the amount investors might lose? No. GE might be able to issue a bond with lower yield than, say, a company from China with no previous records of its presence in the U.S. markets. A bond price not only contains the risk of default, but also encompasses the servicability of the bond by the issuer with a specific stream of income, location of main business, any specific terms and conditions in the prospectus, e.g.callable or not, insurances against default, etc. Else for the same payoff, why would you take a higher risk? The payoff of a higher risk (not only default, but term structure, e.g. 5 years or 10 years, coupon payments) bond is more, to compensate for the extra risk it entails for the bondholder. The yield of a high risk bond will always be higher than a bond with lower risk. If you travel back in time, to 2011-2012, you would see the yields on Greek bonds were in the range of 25-30%, to reflect the high risk of a Greek default. Some hedge funds made a killing by buying Greek bonds during the eurozone crisis. If you go through the Efficient frontier theory, your argument is a counter statement to it. Same with individual bonds, or a portfolio of bonds. You always want to be compensated for the risk you take. The higher the risk, the higher the compensation, and vice versa. When investors buy the bond at this price, they are essentially buying a \"\"risk free\"\" bond [...] Logically yes, but no it isn't, and you shouldn't make that assumption.\""}
{"_id": "10531", "title": "", "text": "\"Buy term and invest the rest is something you will hear all the time, but actually cash value life insurance is a very misunderstood, useful financial product. Cash value life insurance makes sense if: If you you aren't maxing out your retirement accounts, just stick with term insurance, and save as much as you can for retirement. Otherwise, if you have at least 5 or 10k extra after you've funded retirement (for at least 7 years),  one financial strategy is to buy a whole life policy from one of the big three mutual insurance firms.  You buy a low face value policy, for example, say 50k face value; the goal is to build cash value in the policy. Overload the policy by buying additional paid up insurance in the first 7 years of the policy, using a paid-up addition rider of the policy. This policy will then grow its cash value at around 2% to 4% over the life of the policy....similar perhaps to the part of your portfolio that would would be in muni bonds; basically you are beating inflation by a small margin. Further, as you dump money into the policy, the death benefit grows. After 7 or 8 years, the cash value of the policy should equal the money you've put into it, and your death benefit will have grown substantially maybe somewhere around $250k in this example. You can access the cash value by taking a policy loan; you should only do this when it makes sense financially or in an emergency; but the important thing to realize is that your cash is there, if you need it.  So now you have insurance, you have your cash reserves. Why should you do this?  You save up your cash and have access to it, and you get the insurance for \"\"free\"\" while still getting a small return on your investment. You are diversifying your financial portfolio, pushing some of your money into conservative investments.\""}
{"_id": "10549", "title": "", "text": "\"Very interesting. I'm actually glad you mentioned term structure models, because that's something I'm interested in. But I don't think the distinction you draw between \"\"equilibrium\"\" and \"\"arbitrage free\"\" models makes sense with Black-Scholes.  My understanding was that the discrepancy between equilibrium and arbitrage-free term structure models arises because term structure models lack market completeness. In other words, when the market is incomplete (as it is with interest rates), you'll have a continuum of bond prices that are compatible with no arbitrage, and the exact price will depend on the market price for risk.   However, in Black-Scholes, the market price for risk term basically falls out of the equation because of market completeness. Or in other words, since we have market completeness, there's a *unique* martingale measure that gives the price for the option. So when you have market completeness, there should be no difference between an equilibrium and a no-arbitrage model - they're one and the same.\""}
{"_id": "10558", "title": "", "text": "\"At the most fundamental level, every market is comprised of buyers and selling trading securities. These buyers and sellers decide what and how to trade based on the probability of future events, as they see it. That's a simple statement, but an example demonstrates how complicated it can be. Picture a company that's about to announce earnings. Some investors/traders (from here on, \"\"agents\"\") will have purchased the company's stock a while ago, with the expectation that the company will have strong earnings and grow going forward. Other agents will have sold the stock short, bought put options, etc. with the expectation that the company won't do as well in the future. Still others may be unsure about the future of the company, but still expecting a lot of volatility around the earnings announcement, so they'll have bought/sold the stock, options, futures, etc. to take advantage of that volatility.  All of these various predictions, expectations, etc. factor into what agents are bidding and asking for the stock, its associated derivatives, and other securities, which in turn determines its price (along with overall economic factors, like the sector's performance, interest rates, etc.) It can be very difficult to determine exactly how markets are factoring in information about an event, though. Take the example in your question. The article states that if market expectations of higher interest rates tightened credit conditions... In this case, lenders could expect higher interest rates in the future, so they may be less willing to lend money now because they expect to earn a higher interest rate in the future. You could also see this reflected in bond prices, because since interest rates are inversely related to bond prices, higher interest rates could decrease the value of bond portfolios. This could lead agents to sell bonds now in order to lock in their profits, while other agents could wait to buy bonds because they expect to be able to purchase bonds with a higher rate in the future.  Furthermore, higher interest rates make taking out loans more expensive for individuals and businesses. This potential decline in investment could lead to decreased revenue/profits for businesses, which could in turn cause declines in the stock market. Agents expecting these declines could sell now in order to lock in their profits, buy derivatives to hedge against or ride out possible declines, etc. However, the current low interest rate environment makes it cheaper for businesses to obtain loans, which can in turn drive investment and lead to increases in the stock market. This is one criticism of the easy money/quantitative easing policies of the US Federal Reserve, i.e. the low interest rates are driving a bubble in the stock market. One quick example of how tricky this can be. The usual assumption is that positive economic news, e.g. low unemployment numbers, strong business/residential investment, etc. will lead to price increases in the stock market as more agents see growth in the future and buy accordingly. However, in the US, positive economic news has recently led to declines in the market because agents are worried that positive news will lead the Federal Reserve to taper/stop quantitative easing sooner rather than later, thus ending the low interest rate environment and possibly tampering growth.  Summary: In short, markets incorporate information about an event because the buyers and sellers trade securities based on the likelihood of that event, its possible effects, and the behavior of other buyers and sellers as they react to the same information. Information may lead agents to buy and sell in multiple markets, e.g. equity and fixed-income, different types of derivatives, etc. which can in turn affect prices and yields throughout numerous markets.\""}
{"_id": "10572", "title": "", "text": "Companies used to be bought up for creation capability or acquiring talent. Nowadays, they are being bought just for their patents. A lot of software companies are hoarding patents in case of a patent war.   We need something like the DVD or Blu-ray patent group for smartphones."}
{"_id": "10578", "title": "", "text": "Gold is a risky and volatile investment. If you want an investment that's inflation-proof, you should buy index-linked government bonds in the currency that you plan to be spending the money in, assuming that government controls its own currency and has a good credit rating."}
{"_id": "10584", "title": "", "text": "As BrenBarn points out in his comment, the real values are inflation adjusted values using the consumer price index (CPI) included in the spreadsheet.  The nominal value adjusted by the CPI gives the real value in terms of today's dollars. For example, the CPI for the first month (Jan 1871) is given as 12.46 while the most recent month (Aug 2016) has a reported CPI of 240.45. Thus, the real price (in today's dollars) for the 4.44 S&P index level at Jan 1871 is calculated as 4.44 x 240.45 / 12.46 = 85.68 (actually reported as 85.65 due to rounding of the reported CPIs).  And similarly for the other real values reported."}
{"_id": "10591", "title": "", "text": "\"Indexes are down during the summer time, and I don't think it has something to do with specific stocks. If you look at the index history you'll see that there's a price drop during the summer time. Google \"\"Sell in May and go away\"\". The BP was cheap at the time for a very particular reason. As another example of a similar speculation you can look at Citibank, which was less than $1 at its lowest, and within less than a year went to over $4 ( more than 400%). But, when it was less than $1 - it was very likely for C to go bankrupt, and it required a certain amount of willingness to loose to invest in it. Looking back, as with BP, it paid off well. But - that is looking back. So to address your question - there's no place where people tell you what will go up, because people who know (or think they know) will invest themselves, or buy lottery tickets. There's research, analysts, and \"\"frinds' suggestions\"\" which sometimes pay off (as in your example with BP), and sometimes don't. How much of it is noise - I personally don't think I can tell, until I can look back and say \"\"Damn, that dude was right about shorts on Google, it did go down 90% in 2012!\"\"\""}
{"_id": "10608", "title": "", "text": "Basement remodeling can considerably increase the resale value of your home because no one enjoys having an unfinished basement. Remodeling the basement is not an easy deed since you first need to come up with an idea of what you want, the make a proper plan and eventually put that plan into action to achieve the outcome."}
{"_id": "10634", "title": "", "text": "\"chapter 8 page 154:  &gt;\"\"My point is that it's doubts and cynicism that keep most people poor and playing it safe...only a person's doubts keep them poor...'Cynics criticize and winners analyze' was one of [Rich Dad's] favorite mottos\"\"  -from chapter 8 page 154 of Robert Kiyosaki's first print edition of *Rich Dad Poor Dad*  The whole page is about abandoning cynicism and has nothing to do with that Glenn-Beck-style rant/editorial you've linked to.\""}
{"_id": "10655", "title": "", "text": "\"His entire \"\"opinion\"\" is really just backing up Damore. Only in the last two paragraphs does he even mention what the actual title of the article is about where he goes on to say:  &gt;Either Pichai is unprepared to understand the research, is not capable of handling complex data flows or was simply too afraid to stand up to a mob.  &gt;Regardless of which weakness applies, this episode suggests he should seek a non leadership position.  Brilliant work, Mr. Brooks. Your analysis is spot on and not only should Damore not have been fired, but Pichai should resign as CEO of Google because of it. A better message would be sent to Google's customers, employees and shareholders by doing so. /s\""}
{"_id": "10663", "title": "", "text": "I work as a state employee and I can look at my coworkers' salaries and their title online. At first my coworkers were shocked that I would do such a thing, but they quickly realized it was of benefit to them when I told them that from my analysis, no one at my department ever gets raises. Prior to this, they were led to believe that there actually were opportunities for advancement here.  Knowing typical salaries can also help when looking at going into a new industry in which you are unfamiliar, otherwise, you have no idea if a job offer you get is in line with others' compensation.  So yes, I believe that knowing others' salaries can be helpful to the average employee and keeping it secret is par for the course because it's detrimental to the company."}
{"_id": "10665", "title": "", "text": "\"The standard interpretation of \"\"can I afford to retire\"\" is \"\"can I live on just the income from my savings, never touching the principal.\"\" To estimate that, you need to make reasonable guesses about the return you expect, the rate of inflation, your real costs -- remember to allow for medical emergencies, major house repairs, and the like when determining you average needs, not to mention taxes if this isn't all tax-sheltered! -- and then build in a safety factor. You said liquid assets, and that's correct; you don't want to be forced into a reverse mortgage by anything short of a disaster. An old rule of thumb was that -- properly invested -- you could expect about 4% real return after subtracting inflation. That may or may not still be correct, but it makes an easy starting point. If we take your number of $50k/year (today's dollars) and assume you've included all the tax and contingency amounts, that means your nest egg needs to be 50k/.04, or $1,250,000. (I'm figuring I need at least $1.8M liquid assets to retire.) The $1.5M you gave would, under this set of assumptions, allow drawing up to $60k/year, which gives you some hope that your holdings would mot just maintain themselves but grow, giving you additional buffer against emergencies later. Having said that: some folks have suggested that, given what the market is currently doing, it might be wiser to assume smaller average returns. Or you may make different assumptions about inflation, or want a larger emergency buffer. That's all judgement calls, based on your best guesses about the economy in general and your investments in particular.  A good financial advisor (not a broker) will have access to better tools for exploring this, using techniques like monte-carlo simulation to try to estimate both best and worst cases, and can thus give you a somewhat more reliable answer than this rule-of-thumb approach. But that's still probabilities, not promises. Another way to test it: Find out how much an insurance company would want as the price of an open-ended inflation-adjusted $50k-a-year annuity. Making these estimates is their business; if they can't make a good guess, nobody can. Admittedly they're also factoring the odds of your dying early into the mix, but on the other hand they're also planning on making a profit from the deal, so their number might be a reasonable one for \"\"self-insuring\"\" too. Or might not. Or you might decide that it's worth buying an annuity for part or all of this, paying them to absorb the risk. In the end, \"\"ya pays yer money and takes yer cherce.\"\"\""}
{"_id": "10673", "title": "", "text": "This is just pure capitalistic evil.  OK, I think I spoke too soon.  There are caps on how much you pay back (2-1/2 times principal), and the royalty isn't for your whole life, but a specific period.  Perhaps not evil, but I don't think it's a great investment.  Unless you plan on working for a non-profit."}
{"_id": "10676", "title": "", "text": "If I can get an accurate measurement of my foot and the manufacturers can offer accurate dimensions of their shoes it would make that problem go away almost entirely. Sure, the style of shoe may affect how it feels even if it technically fits your foot.  As someone with oddly wide feet, this would be perfect for me since retail stores rarely ever carry wide sizes."}
{"_id": "10677", "title": "", "text": "A pure free market for agricultural commodities would be disastrous. Markets respond efficiently but not instantaneously. Shifts in he supply and demand of labor and capital investment are particularly slow. If a large percentage of corn farmers go under one fall there have to be new farmers/capitalists picking up the slack by next spring or there will be insufficirnt production that cant be recovered for an entire year.   Society can't withstand massive losses of commodity production, strategic reserves can help absorb the damage but youre still paying for innefficient production as grains can only be stored for so long and need replacing on an annual basis."}
{"_id": "10703", "title": "", "text": "Hey desquinbnt &amp; pontsone, I had an explanation written up about Share and Bond evaluation and in which, one share evaluation technique utilizes the P/E ratio - hence I explained it. Have a read, if you'd want me to go more in depth, let me know! :)  http://letslearnfinance.net/2012/06/09/introduction-to-bonds-and-share-valuation/"}
{"_id": "10710", "title": "", "text": "As per the chart pattern when ever a stock breaks its 52 week high. This information may differ for penny stocks,small caps and mid cap stocks"}
{"_id": "10717", "title": "", "text": "I can't believe he disrespected exit strategies.  Exit strategies are the most important part of starting a business in my opinion- being   to get out of a business with your life still in tact is crucial. I have started 6 businesses and have successfully exited 4 of them.  I know friends and family who started businesses with no exit plan and are now grinding away their lives unhappily, feeling trapped in a business that isn't worth being involved in anymore.  A lot of times things don't go as planned in business, and a clean exit is a way to move forward with life with your chin up."}
{"_id": "10726", "title": "", "text": "Is my observation that the currency exchange market is indirect correct? Is there a particular reason for this? Why isn't currency traded like stocks? I guess yes. In Stocks its pretty simple where the stock is held with a depository. Hence listing matching is simple and the exchange of money is via local clearing. Currency markets are more global and there is no one place where trades happen. There are multiple places where it happens and is loosely called Fx market place. Building a matching engine is also complex and confusing. If we go with your example of currency pair, matches would be difficult.  Say; If we were to say all transactions happen in USD say, and list every currency as item to be purchased or sold. I could put a trade Sell Trade for Quantity 100 Stock Code EUR at Price 1.13 [Price in USD]. So there has to be a buy at a price and we can match. Similarly we would have Stock Code for GBP, AUD, JPY, etc. Since not every thing would be USD based, say I need to convert GBP to EUR, I would have to have a different set of Base currency say GBP. So here the quantity would All currencies except GBP which would be price. Even then we have issues, someone using USD as base currency has quoted for Stock GBP. While someone else using GBP has quoted for Stock USD. Plus moving money internationally is expensive and doing this for small trades removes the advantages. The kind of guarantees required are difficult to achieve without established correspondence bank relationships. One heavily traded currency pair, the exchange for funds happens via CLS Bank."}
{"_id": "10755", "title": "", "text": "\"The only really good reason to open a line of credit is that you want to buy something that you don't have money for. That's got its own risks - see plenty of other places to see warnings about not borrowing too much. The only other reason is that you might want to use a line of credit as your emergency fund. The usual way of doing this is to keep the money in an easily acccessible savings account - but such accounts usually pay rather now interest, and there is an argument for instead investing your emergency money in a higher-interest but less-accessible fund and using a line of credit to tide you over until you can extract the money. I'm worried about the comment that you can \"\"deduct my interest on my tax returns\"\". That is usually only possible if you are borrowing money to invest. It sounds as if your banker is going to persuade you to not only open a line of credit, but then invest that money in something. Be aware that this kind of 'leveraging' is much higher risk than investing money you already own.\""}
{"_id": "10777", "title": "", "text": "Could those problems be solvedby simply building in unallocated hours into the system?  If I were in charge I would give each person 5 to 10 hours of week for personal time. They could spend it helping other departments, learning new technolgies, fixing their computer, or simply relaxing. Having to account for every second of every day is just too stressful."}
{"_id": "10783", "title": "", "text": "NRI Banking - HDFC Bank offer a wide range of NRI Banking products &amp; services. Open the Best NRI Account with HDFC Bank and meet all your banking requirements. HDFC NRI Banking includes different types of accounts such as saving account, current account, money transfer &amp; much more! Get more information on our website!"}
{"_id": "10790", "title": "", "text": "\"I've done exactly what you are describing and it was a great move for me. A few years back I had two credit cards. One had a $6000 balance and a fairly high interest rate that I was making steady payments to (including interest).  The other was actually tied to a HELOC (home equity line of credit) whose interest rate was fixed to \"\"prime\"\", which was very low at the time, I think my effective rate on the card was around 3%.  So, I pulled out one of the \"\"cash advance checks\"\" from the HELOC account and paid off the $6000 balance. Then I started making my monthly payments against the balance on the HELOC, and paid it off a bit more quickly and with less overall money spent because I was paying way less interest. Another, similar, tactic is to find a card that doesn't charge fees for balance transfers and that has a 0% interest rate for the first 12 months on transferred balances. I am pretty sure they are out there. Open an account on that card, transfer the balance to it, and pay it down within 12 months. And, try not to use the card for anything else if you can help it.\""}
{"_id": "10795", "title": "", "text": "Murdoch knows his markets and what customers want. LA is a liberal paradise and Murdoch would be an idiot to turn the paper into a conservative one because he knows he would lose most of his customers. He's in this business to make money, not to force his views on us."}
{"_id": "10797", "title": "", "text": "A CFD is like a bet. Bookies don't own horses or racetracks but you still pay them and they pay you if the horses win. If you buy a CFD the money goes to the firm you bought it from and if the stock price changes in your favour, they will pay you. However, if it goes against you they may ask you for more money than you originally invested to cover your losses. Constacts for difference are derivatives, i.e. you gain on the change in the price or delta of something rather than on its absolute value. Someone bets one way and is matched with someone (or perhaps more than one) betting the other way. Both parties are bound by the contract to pay or be payed on the outcome. One will win and the other will necessarily lose.  It's similar in concept to a spread bet, although spread bets often have a fixed timescale whereas CFDs do not and CFDs generally operate via the payment of a commission rather than via charges included in the spread. There's more information on both CFDs and spread betting here If somone has a lot of CFDs that might affect the stock price if it's known about as others may buy/sell real stock to either make the CFD pay or may it not pay depending on whether they think they can make money on it. Otherwise CFDs don't have much of an effect on stock prices."}
{"_id": "10813", "title": "", "text": "&gt;But gold does have other uses. It is a metal that's used for jewelry, it has decorative value. Exchanging something for gold is like a caveman giving you a stone ax if you do some cave paintings for him.  That's not quite the point. I was addressing a specific problem. I'm aware that it's more complex, hence my disclaimer of simplicity.   But to address your point, not everyone is a goldsmith. Imagine if the medium was saltpeter. Of course someone's going to use it to make explosives, but most people are not in that line of work. To most people, gold has no use except as a store of value. Why is an identically designed plastic necklace so much cheaper than a gold one? Because as many uses as it has, plastic doesn't store value (some say intrinsically, I say artificially) the way gold does.  &gt;because they lack the manufacturing capacity to do so.   Like I said, they can invest in factory expansion or new factory construction. To stick to the metaphor, they need to plant more apple trees. There may not be a million apples available, but if that's what the demand is -and why else would anyone offer a million apples- that's the potential market size (especially if the supply exists in China). So the farmer ought to increase his yield, thereby lowering his average cost to produce an apple. If he knows he can only plant 100 apple trees, he's not going to promise a million apples when asking for a loan to expand his orchard.  EDIT:  &gt;with their nominal value that people agreed upon.  The same phenomenon occurs in bullion currency."}
{"_id": "10831", "title": "", "text": "Did anyone else catch this gem from CEO Richard Johnson:  &gt;On the Friday earnings call, Johnson went on to say that the company isn\u2019t worried about Amazon.com Inc. AMZN, -0.22%   **because of the experience at Foot Locker stores, like a special event or a conversation with one of the store associates.**  How fucking out of touch are these upper level executives? It's unbelievable. Consumers don't want a conversation with minimum wage employees who don't give a damn. The shareholders would do well to boot him out ASAP and get someone new in."}
{"_id": "10837", "title": "", "text": "This is when the Netflix UI became insufferable. They took out all the text, and now they barely tell you what the movie is about, or who made it, but they've got lots of images that take forever to load."}
{"_id": "10849", "title": "", "text": "\"The most succinct answer is \"\"Banks are in the Money business\"\". Not construction, not real estate, not any of the other things they may find find themselves sometimes being dragged (foreclosure) or tempted (construction) into. \"\"Money\"\" is their core competence, and as good business people they recognize that straying outside that just dilutes their focus.\""}
{"_id": "10859", "title": "", "text": "Our Site http://www.furwheels.com/dog-bike-trailer/ A dog trailer is very useful if you want to travel along with your pets. There are several kinds of Dog Bike Trailer in the markets. These come in different styles, colors and sizes. When it comes to investments, it doesn't hurt to know all your options. In buying a dog bike trailer, for instance, there is more to it than choosing a particular type of dog trailer that your companion can fit into. This keeps you informed on what other features you need to consider for a sure deal while investing in your pet's care and transportation."}
{"_id": "10864", "title": "", "text": "Reddit has a huge value I think which has not been mentioned - that companies, corporations, organisations use it to market and advertise themselves, for free.  Sometimes they do that under the covers, so to speak, and some users don't like it (e.g. hailcorporate) but often they will promote their products transparently, and often normal users don't mind. The most obvious example is Netflix on /r/movies. Multiple employees were observed continuously posting things to the site, via submissions, comments etc and users liked it.  By introducing a charge for these corporate users they can reap in a substantial income. Whether it would make sense for them to label these corp users as such is another option, but they certainly know about them. I find it interesting that most normal users find that they don't mind interacting with paid marketing employees and that they consider it organic and natural, very interesting. I also find it worrying."}
{"_id": "10872", "title": "", "text": "Slide 1 SPRINGHILL GROUP FDA Urges Markets To Pull Shellfish From South Korea Slide 2 FDA Urges Markets To Pull Shellfish From South Korea WASHINGTON, D.C.The Food and Drug Administration is urging food distributors, retailers and food service vendors to remove from the market oysters, clams, mussels and scallops imported from South Korea because of possible contamination with human waste and norovirus. Slide 3 The decision follows an FDA evaluation that determined that the Korean Shellfish Sanitation program no longer meets adequate sanitation controls. The federal agency is in discussions with South Korean authorities to resolve the issue. Slide 4 An FDA spokesman, Curtis Allen, said Thursday the decision to call for the removal of the mollusks from the market began with norovirus outbreaks in November and December. Slide 5 Curtis said no illnesses from eating the shellfish have been reported this year. Four norovirus illnesses, including three in Washington state, were reported in 2011. Norovirus causes vomiting or diarrhea."}
{"_id": "10873", "title": "", "text": "\"This answer is better served as a comment but I don't have enough rep.  It is not guaranteed that they 'do not accrue interest while you are a full time student'. Some student loans can capitalize the interest - before pursuing leveraged investing, be sure that your student loan is not capitalizing. https://www.salliemae.com/student-loans/manage-your-private-student-loan/understand-student-loan-payments/learn-about-interest-and-capitalization/ Capitalized interest Capitalized interest is a second reason your loan may end up costing   more than the amount you originally borrowed. Interest starts to accrue (grow) from the day your loan is disbursed   (sent to you or your school). At certain points in time\u2014when your   separation or grace period ends, or at the end of forbearance or   deferment\u2014your Unpaid Interest may capitalize. That means it is added   to your loan\u2019s Current Principal. From that point, your interest will   now be calculated on this new amount. That\u2019s capitalized interest.\"\" https://www.navient.com/loan-customers/interest-and-taxes/how-student-loan-interest-works/ Capitalized Interest If you accrue interest while you are in school \u2013 as with Direct   Unsubsidized, FFELP Unsubsidized, Direct and FFELP PLUS Loans, and   Private Loans \u2013 you will have capitalized interest if it is unpaid.   Unpaid accrued interest is added to the principal amount of your loan   after you leave school and finish any applicable grace period. Simply put, there will be interest to be paid on both the principal of   the loan and on the interest that has already accumulated. To minimize the effects of the capitalized interest on the amount you   will pay overall, you can pay the interest during college instead of   waiting until after graduation. That way, you start with the original   principal balance (minus any fees) when you begin repayment.\""}
{"_id": "10882", "title": "", "text": "http://finance.yahoo.com/news/tesla-q2-loss-narrower-estimates-113042878.html  &gt;Including the impact of Model S revenues deferred due to lease accounting, top line jumped 89.9% to $769.3 million in the quarter from $405.1 million a year ago. Revenues, however, lagged the Zacks Consensus Estimate of $802 million.  &gt;The year-over-year revenue growth was driven by higher vehicle deliveries. Tesla delivered 7,579 cars in the second quarter, surpassing the guidance of 7,500 deliveries and increasing more than 17% over the first quarter of 2014. The automaker also benefited from initiation of the delivery of powertrains to Daimler AG (DDAIF) for the Mercedes-Benz B Class Electric Drive, although the winding down of electric powertrain components sales to Toyota Motor Corp. (TM) for the RAV4 EV is hurting revenues.  &gt;Gross profit, including the impact of Model S gross profit deferred due to lease accounting and stock-based compensation expenses, amounted to $213.0 million in second-quarter 2014, against $100.5 million in the year-ago quarter.  &gt;Revenues (on a reported basis) from Automotive sales, jumped to $768.2 million in the quarter from $401.5 million a year ago. Reported revenues from Development services (producing electric vehicle powertrain components and systems for other automobile manufacturers) slumped to $1.1 million from $3.6 million a year ago.  &gt;Financial Position  &gt;Tesla had cash and cash equivalents of $2.7 billion as of Jun 30, 2014, compared with $845.9 million as Dec 31, 2013. Long-term debt was $2.4 billion as of Jun 30, 2014, versus $586.3 million as of Dec 31, 2013.  &gt;Cash flow from operating activities amounted to $57.1 million in the first half of 2014, compared with $28.8 million in the year-ago period. Capital expenditures increased to $317.0 million from $98.2 million in the first half of 2013.  &gt;Gigafactory Update  &gt;Tesla has signed a formal agreement with Panasonic Corp. (PCRFY) for partnership in the Gigafactory. Under the agreement, Panasonic will invest in production equipment for the manufacture of lithium-ion battery cells, while Tesla will invest in land, buildings and utilities for the Gigafactory as well as production equipment for battery module and pack production. Moreover, Tesla will be responsible for the management of the Gigafactory. Other partners will also be involved in the Gigafactory for manufacture of the required precursor materials.  &gt;In June, Tesla broke ground for the potential construction of the Gigafactory near Reno, NV. While the location of the Gigafactory has not been decided yet, Tesla is planning to hold ground-breaking ceremony for the factory at three sites to avoid any delay in construction. Construction work will begin at one of the three sites by the end of the year and will be wrapped up by 2017.  &gt;Outlook  &gt;Tesla expects to record a marginal adjusted profit in the third quarter of 2014. Production volume in the third quarter of 2014 is expected to be 9,000 cars, up 2.7% from 8,763 cars produced in the second quarter of 2014. This includes the impact of the two-week production shutdown at the Fremont factory for the transition to the new final assembly line, which is expected to result in production loss of about 2,000 cars in the third quarter. However, due to the enhanced factory capacity, Tesla expects production volume to increase to an average of 1,000 cars per week in the fourth quarter of 2014 from 800 cars at present.  &gt;Further, vehicle deliveries are expected to increase to 7,800 in the third quarter of 2014 from 7,579 cars in the second quarter. However, deliveries are expected to be lower than production due to increase in the number of vehicles in transit. Tesla also plans to lease about 300 vehicles in North America in the third quarter, which is expected to increase further in the fourth quarter. Further, the automaker anticipates to deliver more than 35,000 vehicles globally in 2014, up 55% over 2013.  &gt;Adjusted automotive gross margin, excluding ZEV credits, is expected to increase to 28% by the end of 2014. The company believes that declining parts prices and economies of scale will benefit its gross margin.  &gt;Operating expenses are expected to increase in the third quarter of 2014. The company believes that research and development expenses will increase 20% sequentially in the quarter. Selling, general and administrative (SG&amp;A) expenses are projected to rise 15%.  &gt;Capital expenses for the year are expected to range between $750 million and $950 million, up from the previous projection of $650\u2013$850 million. Tesla is investing heavily in increasing production capacity, development of Model S and Model X, the Gigafactory construction and expansion of sales, service and Supercharger infrastructure.   Increasing revenue, increasing sales, increasing gross profits, increasing margins = increasing investments into the company for exponential growth.   Baby you've never been risk taking in your life before?"}
{"_id": "10908", "title": "", "text": "I think there are actually two separate questions here. Will Provider A allow me to transfer only part of an ISA product to Provider B while keeping the other part in Provider A. Only Provider A can answer this. Will HMRC rules allow me to keep making payments to the part that remained in Provider A. I don't have a definitive source for this, but in my experience where the ISA rules have been unclear about particular edge cases and I have asked HMRC similar questions directly, their answer has always been that they will look at the situation in the round at the end of the tax year (they get summaries from the providers) and as long as you haven't attempted to double-benefit or otherwise get around the limits, they won't have an issue with it."}
{"_id": "10935", "title": "", "text": "Charles ponzi invented the Ponzi scheme (also known as the pyramid scheme) in the 1910 area before ww1 I believe. He got a bunch of people to invest in postage stamps and get other people to invest as they promised a huge return. Charles kept the money for himself and when people started wanting their money back it all came tumbling down. There is a movie on Netflix about how Charles got caught and the man who caught him.  This is different than the Direct Selling industry (also known as multi level or network marketing) which is a legal multi billion dollar industry with brands like Mary Kay and Amway. There are three parameters that make a company an illegal pyramid: 1) only money is distributed. There are no products or services being rendered. 2) you can never make more money than the person who sponsored you into business. 3) you get money from the registration part of signing people up.  Personally I am part of the fastest growing and most successful organization that utilizes this model. It is an organization called World Wide Dreambuilders, a mentorship and training organization that teaches people how to make a profitable business that distributes Amway products in a legal way with high integrity.   Honestly 80% of the industry is people trying to hype up and sign up their friends and family and it's pretty lame. I can only speak for the Seattle area but my sponsor is making over $150k a year and has a strong organization with over 100 people in it. He built this business part time and is about to walk away from his day job in September and its freaking rad. Hope all this answers your question."}
{"_id": "10948", "title": "", "text": "\"The purpose of taking a \"\"secured loan\"\" is to build credit. This might be done by someone who had a bad stain on their credit history such as a bankruptcy or foreclosure, or possibly by someone just out of school (presumably with few or no student loans),and no credit history. Not everyone needs to, or should do this, however. The advantage for a borrower is that s/he gets to create a record of repaying a loan that will partly mitigate the bad credit history. The advantage for the bank is that it is \"\"no risk,\"\" because the savings account is the security for the loan. That would make it willing to \"\"lend\"\" to a bad credit risk.\""}
{"_id": "10967", "title": "", "text": "You are, somewhat hysterically, a creditor. Babies R Us owes you. As such, you have *some* sort of claim.   Now, Toys R Us is undergoing Chapter 11 bankruptcy, which means the company *isn't* going away into the dust from whence it came. At least not yet.   You should be able to either utilize the credit still at stores.   Converting to cash may depend on how you hold the credit. Is it on account with the store, or is it through gift cards or something?  You can certainly sell the gift cards. You may sell at face value or, possibly, at a discount. If you don't have gift cards, you can use the credit to purchase merchandise and then sell that to others. That will translate into inventory risk."}
{"_id": "10976", "title": "", "text": "\"Has the article changed in the past 9 hours since you posted? The link at the bottom is in the VERY FIRST SENTENCE.  I know stealing goes on, but is there any reason to think that the \"\"author\"\" on medium is not the original author at reddit?\""}
{"_id": "11010", "title": "", "text": "The site still has to hit the ad server to find out which image to use. The ad server could then do everything it already does, but instead of returning the image, it returns a string that matches the filename of the image to be used. The site then pulls that image from its server."}
{"_id": "11015", "title": "", "text": "Look at literally any discussion about guns that isn't a pro gun echochamber. I don't just save articles and threads to use it later, and I don't have time to go on some huge research project with Reddit's godawful search function."}
{"_id": "11021", "title": "", "text": "You need to register as self-employed with HMRC (it is perfectly fine to be self-employed and employed by an employer at the same time, in exactly your kind of situation). Then, when the income arrives you will need to declare it on your yearly tax return.  HMRC information about registering for self-employment and declaring the income is here: https://www.gov.uk/working-for-yourself/overview There's a few extra hoops if your clients are outside the UK; the detail depends on whether they are in the EU or not. More details about this are here: https://www.gov.uk/online-and-distance-selling-for-businesses/selling-overseas ."}
{"_id": "11032", "title": "", "text": "\"Let me provide a general answer, that might be helpful to others, without addressing those specific stocks. Dividends are simply corporate payouts made to the shareholders of the company.  A company often decides to pay dividends because they have excess cash on hand and choose to return it to shareholders by quarterly payouts instead of stock buy backs or using the money to invest in new projects. I'm not exactly sure what you mean by \"\"dividend yield traps.\"\"  If a company has declared an dividend for the upcoming quarter they will almost always pay.  There are exceptions, like what happened with BP, but these exceptions are rare.  Just because a company promises to pay a dividend in the approaching quarter does not mean that it will continue to pay a dividend in the future.  If the company continues to pay a dividend in the future, it may be at a (significantly) different amount. Some companies are structured where nearly all of there corporate profits flow through to shareholders via dividends.  These companies may have \"\"unusually\"\" high dividends, but this is simply a result of the corporate structure.    Let me provide a quick example: Certain ETFs that track bonds pay a dividend as a way to pass through interest payments from the underlying bonds back to the shareholder of the ETF. There is no company that will continue to pay their dividend at the present rate with 100% certainty.  Even large companies like General Electric slashed its dividend during the most recent financial crisis.  So, to evaluate whether a company will keep paying a dividend you should look at the following: Update: In regards to one the first stock you mentioned, this sentence from the companies of Yahoo! finance explains the \"\"unusually\"\" dividend: The company has elected to be treated as a REIT for federal income tax purposes and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its share holders.\""}
{"_id": "11045", "title": "", "text": "Pilates are a great way to achieve the fitness that you wish to achieve. If you want to start in south melbourne with pilates give us a call. At Melbourne Altitude Training, we help you in doing clinical pilates and have all the modern equipment for that.our training sessions will help you get the results."}
{"_id": "11073", "title": "", "text": "I can't believe no one has mentioned Detroit yet!   Amazon already pulls a huge percentage of their MBA hires from 40 miles away at the University of Michigan. The state is filled with good schools pumping out smart, qualified STEM, engineering, and computer science majors. We're also surrounded by great schools in Chicago and Pennsylvania.   Detroit has an exploding urban core but also lots of space for new development right downtown. It has a quickly diversifying economy, though the auto industry is still a significant player which is assisting with Detroit's thriving tech sector and driving autonomous vehicle research and development.  Detroit is 20 minutes away from Canada (across a bridge or through a tunnel - and a second bridge is in the process of being built). Depending on how the US emigration policy continues, having access to an international workforce via Canada at a US HQ could be a game changer.  There is a lot that Detroit can offer that is unique to this city."}
{"_id": "11075", "title": "", "text": "In my experience they charge you coming and going. For example, if a brokerage firm is advertising that their commissions are only $7/trade, then that means you pay money to buy the stock, plus $7 to them, and later on if you want to sell that stock you must pay $7 to get out of the deal.  So, if you want to make any money on a stock (say, priced at $10) you would have to sell it at a price above $10+$7+$7=$24. That kind of sale could take a few years to turn a profit. However, with flat-rate fees like that it is advantageous to buy in bulk."}
{"_id": "11082", "title": "", "text": "\"You have what is called in the biz a \"\"thin file\"\".  Check with a Credit Union.  They will get you a secured card or maybe a straight credit card.  They usually will graduate you from a secured card to a real credit card in 12-18 months. Then you are on your way.   You should also sign up for Creditkarma to get your credit report updated every week.  They make their money on referring people to credit card companies so you might be able to kill two birds with one stone.\""}
{"_id": "11087", "title": "", "text": "\"Your best bet might be to visit a local IRS office in person. To find your local office, use the IRS office locator page.  After you enter your zip code and find your nearest office, click on the \"\"hours and services\"\" link, which will show you a list of every office in your state.  For each office, you can click on the \"\"services provided\"\" link to make sure that they handle \"\"payment arrangements\"\" at your selected office.  Finally, you should probably call the local office first to see if you need an appointment, so you don't have to wait.\""}
{"_id": "11094", "title": "", "text": "Check out the /r/personalfinance wiki: https://www.reddit.com/r/personalfinance/wiki/commontopics  While it's not a life-changing amount, this page on windfalls might also be useful: https://www.reddit.com/r/personalfinance/wiki/windfall  Vanguard is often recommended as having low-fee index funds. You should make sure you understand the different investment vehicles though - taxable accounts vs IRA vs 401k, etc."}
{"_id": "11096", "title": "", "text": "What I did when I interned was ask for more work. After a while, my supervisor got used to pouring shit on me to work on. They learn to trust you, and give you more important stuff to work on. In the end, I was handling bank statements and such (although they would always check that I was doing everything exactly right)."}
{"_id": "11122", "title": "", "text": "\"Disclaimer: I am neither a lawyer nor a tax-expert This page on the HMRC site lists several pages that appear to be relevant, starting with CG78401 - Foreign currency: delayed remittances and on to CG78408 - Foreign currency: example which seems pertinent to your case [paraphrased]: A property bought in 1983 is sold for a [taxable] gain in one tax-year (1986/87) but the proceeds cannot be released/remitted to the UK until later (1991/92), by which time currency fluctuations have created a second [taxable] gain. The size of the first gain (selling the property) is determined by the exchange rate in effect at the time of the sale but because of local restrictions, this can be deferred.  The size of the second gain (currency movement) is determined by the change in exchange-rate between the time of the sale and the time of conversion. In your case, the first \"\"gain\"\" was actually a loss, so I believe you should be able to use this to offset any tax due second gain.  This page states that losses can be claimed up to four years after the end of the tax-year in which they were incurred, so you are probably still OK. (The example makes application under TCGA92/S279 to defer the gain made on the original sale [because of the inability to transfer funds], but as I understand it, this is primarily to avoid a tax liability in that year.  Since you made a loss on the sale, there wouldn't have been a tax liability, so there would be no need to defer it).\""}
{"_id": "11124", "title": "", "text": "The ROI percentage becomes a meaningless figure at that point and would either be infinite or a very large number if you assume an equity investment of $1 or $0.01.   At that point it's obviously a lucrative deal *as long as it works out* so the bigger question is what are the risks of it not working out and what's the ROIC."}
{"_id": "11126", "title": "", "text": "1) How long have you had the car?  Generally, accounts that last more than a year are kept on your credit report for 7 years, while accounts that last less than a year are only kept about 2 years (IIRC - could someone correct me if that last number is wrong?). 2) Who is the financing through?  If it's through a used car dealer, there's a good chance they're not even reporting it to the credit bureaus (I had this happen to me; the dealer promised he'd report the loan so it would help my credit, I made my payments on time every time, and... nothing ever showed up.  It pissed me off, because another positive account on my credit report would have really helped my score).  Banks and brand name dealers are more likely to report the loan. 3) What are your expected long term gains on the stocks you're considering selling, and will you have to pay capital gains on them when you do sell them?  The cost of selling those stocks could possibly be higher than the gain from paying off the car, so you'll want to run the numbers for a couple different scenarios (optimistic growth, pessimistic, etc) and see if you come out ahead or not. 4) Are there prepayment penalties or costs associated with paying off the car loan early?  Most reputable financiers won't include such terms (or they'll only be in effect during the first few months of the loan), but again it depends on who the loan is through. In short: it depends.  I know people hate hearing answers like that, but it's true :)  Hopefully though, you'll be able to sit down and look at the specifics of your situation and make an informed decision."}
{"_id": "11132", "title": "", "text": "The big problem I see with this article is it does not state what the profits would be minus the licensing fees. It only states revenue, which is obviously a bad indicator of taxes owed.   Also, licensing fees are applicable in some markets. For example in markets like China that mandate a company do business under a subsidiary, licensing is a legitimate expense, considering the subsidiary might not be wholly owned by the parent company (per the country's laws).   That said, this is the UK we're talking about, so it is clearly not in that situation. I was just pointing out in some markets it is a legitimate expense. Maybe the UK could make licensing fees a non-deductible expense after a certain percentage of subsidiary income. Its a complex problem, I would be interested to see if any other jurisdictions have tackled it."}
{"_id": "11148", "title": "", "text": "Reading financial statements is important, in the sense that it gives you a picture of whether revenues and profits are growing or shrinking, and what management thinks the future will look like. The challenge is, there are firms that make computers read filings for them and inform their trading strategy. If the computer thinks the stock price is below the growth model, it's likely to bid the stock up. And since it's automated it's moving it faster than you can open your web browser. Does this mean you shouldn't read them? In a sense, no. The only sensible trading strategy is to assume you hold things for as long as their fundamentals exceed market value. Financial statements are where you find those fundamentals. So you should read them. But your question is, is it worth it for investors? My answer is no; the market generally factors information in quickly and efficiently. You're better off sticking to passive mutual funds than trying to trade. The better reason to learn to read these filings is to get a better sense of your employer, potential employers, competitors and even suppliers. Knowing what your margins are, what your suppliers margins and acquisitions are, and what they're planning can inform your own decision making."}
{"_id": "11172", "title": "", "text": "Given that money can go into the 401(k) pre-tax, and that once the   loan is paid off, the principal is restored, I'm having a hard time   seeing the downside of this approach. Am I missing something or does   it actually make sense in my situation? You're missing several things. Here's a list of what I could think of: You should make sure that none of these issues is a problem for you."}
{"_id": "11184", "title": "", "text": "\"The Dividend Discount Model is based on the concept that the present value of a stock is the sum of all future dividends, discounted back to the present. Since you said: dividends are expected to grow at a constant rate in perpetuity ... the Gordon Growth Model is a simple variant of the DDM, tailored for a firm in \"\"steady state\"\" mode, with dividends growing at a rate that can be sustained forever. Consider McCormick (MKC), who's last dividend was 31 cents, or $1.24 annualized. The dividend has been growing just a little over 7% annually. Let's use a discount, or hurdle rate of 10%. MKC closed today at $50.32, for what it's worth. The model is extremely sensitive to inputs. As g approaches r, the stock price rises to infinity. If g > r, stock goes negative. Be conservative with 'g' -- it must be sustainable forever.  The next step up in complexity is the two-stage DDM, where the company is expected to grow at a higher, unsustainable rate in the early years (stage 1), and then settling down to the terminal rate for stage 2. Stage 1 is the present value of dividends during the high growth period. Stage 2 is the Gordon Model, starting at the end of stage 1, and discounting back to the present. Consider Abbott Labs (ABT). The current annual dividend is $1.92, the current dividend growth rate is 12%, and let's say that continues for ten years (n), after which point the growth rate is 5% in perpetuity. Again, the discount rate is 10%. Stage 1 is calculated as follows: Stage 2 is GGM, using not today's dividend, but the 11th year's dividend, since stage 1 covered the first ten years. 'gn' is the terminal growth, 5% in our case. then... The value of the stock today is 21.22 + 51.50 = 72.72 ABT closed today at $56.72, for what it's worth.\""}
{"_id": "11192", "title": "", "text": "Look at the left column.  If you are disabled at age 62 or older and have worked for at least 10 years they you qualify for full disability benefits (which are generally less than retirement benefits).   Outside of disability, one is only eligible for social security benefits at age 67 (unless you were born before 1960, in which case different rules apply), but you must have worked for at least 10 years to get full retirement benefits."}
{"_id": "11198", "title": "", "text": "Cats For Life provided Casual, Formal and many style Cat T Shirts, and Online at reasonable cost accessible in feline forever. We have given to 100% custom solace cotton, rich, delicate ladies' feline T shirts and printed feline T shirts. Enormous accumulation of feline cat shirts at cats for life and extras at the feline forever. We have provided to cover your body with amazing cat T-shirts from cats for life. Search for your favorite new T-shirts from thousands of great designs in cats for life."}
{"_id": "11207", "title": "", "text": "\"Fuck Sears and their dogshit customer service.  They're putting themselves out of business.  [Link to my yelp review](http://www.yelp.com/biz/sears-roebuck-and-co-chicago#hrid:hoxPQTINooxJfZCKC_mtuw) of my latest and LAST experience.    Makes me rage too hard to retype it, but tl;dr, they couldn't follow instructions, fucked up the delivery, then wanted to charge me a delivery fee anyway, and had an average of 15-20 minutes hold time for each of three phone calls, and that still wasn't the end of it.  Make sure to read all the other \"\"fine\"\" reviews on this company's list of fuck ups.  Among others on my personal list, delivered the wrong model washer to my parents' house that wouldn't fit, and wanted to schedule a new delivery date (for weeks later), and took 7 weeks to fix a bad PCB on my TV.  Go to hell Sears!  Bye!\""}
{"_id": "11224", "title": "", "text": "\"&gt; When you make a mistake, the sooner you admit it, the better.  OK.  Then explain this statement:  \"\"You still pay taxes on \"\"tax deferred\"\" retirement plans - In fact, I would dare say that in most cases, people end up paying more in taxes, because they pay it as regular income rather than LTCG.\"\"  What is the account that you're referring to where you'd pay only LTCG?\""}
{"_id": "11230", "title": "", "text": "\"To be honest, I think a lot of people on this site are doing you a disservice by taking your idea as seriously as they are. Not only is this a horrible idea, but I think you have some alarming misunderstandings about what it means to save for retirement. First off, precious metals are not an \"\"investment\"\"; they are store of value. The old saying that a gold coin would buy a suit 300 years ago and will still buy a suit today is pretty accurate. Buying precious metals and expecting them to \"\"appreciate\"\" in the future because they are \"\"undervalued\"\" is just flat-out speculation and really doesn't belong in a well-planned retirement account, unless it's a very small part for the purposes of diversification. So the upshot to all of this is the most likely outcome is you get zero return after inflation (maybe you'll get lucky or maybe you'll be very unlucky). Next you would say that sure, you're giving up some expected return for a reduction in risk. But, you've done away with diversification which is the most effective way to minimize risk... And I'm not sure what scenario you're imagining that the stock market or any other reasonable investment doesn't make any returns. If you invest in a market wide index fund, then the expected return is going to be roughly in proportion with productivity gains. To say that there will be no appreciation of the stock market over the next 40 years is to say that technological progress will stop and/or we will have large-scale economic disruptions that will wipe out 40 years of progress. If that happens, I would say it's highly questionable whether silver will actually be worth anything at all. I'd rather have food, property, and firearms. So, to answer your question, practically any other retirement savings plan would be better than the one that you currently outlined, but the best plan is just to put your money in a very low-cost index fund at Vanguard and let it sit until you retire. The expense ratios are so stupidly small, that it's not going to meaningfully affect your return.\""}
{"_id": "11236", "title": "", "text": "Whether you are moving a one room workplace or a big corporation, the best moving companies in ct makes all of the distinction in the globe. When you utilize an expert mover, you decrease responsibility risks. No more thinking about viable injury to your workers, accidental loss of files, damage to valuable essential or violating privacy regulations."}
{"_id": "11237", "title": "", "text": "Excellent points, especially what you say about why managers like certain people and also how productivity is measured. I suspect many HR systems exist that aim to eliminate this subjectivity in terms of assessing employee performance and post-assessment, dole out rewards (pay, bonus, etc.) as objectively as possible...but of course these systems are far from perfect."}
{"_id": "11263", "title": "", "text": "The actual financial statements should always be referenced first before opening or closing a position. For US companies, they are freely available on EDGAR.  Annual reports are called 10-Ks, and quarterly reports are called 10-Qs. YHOO and GOOG do a great job of posting financials that are quickly available, but money.msn has the best.  These should be starting point, quick references.  As you can see, they may all have the same strange accounting. Sometimes, it's difficult to find the information one seeks in the consolidated financial statements as in this case, so searching through the filing is necessary. The notes can be helpful, but Ctrl-F seems to do everything I need when I want something in a report. In AAPL's case, the Interest expense can be found in Note 3."}
{"_id": "11266", "title": "", "text": "iTunes U has a wealth of content from highly respected universities including Yale, Harvard, Wharton, MIT, etc. If I were fifteen and looking to build some business acumen and savvy, that is where I would start. In particular, I find Harvard business review idea casts to be thought provoking and very timely. In addition, they generally focus on disruptive business models.    Good luck."}
{"_id": "11274", "title": "", "text": "\"I am in a similar situation and have recently found a planner who says a pension that pays $100/month is worth $18k in savings at retirement. I know that doesn't answer your question directly, but could could use a simple interest savings calculator (bank rate has one) to see how much of your income you would need to save over x period of time and deduct that from you the offer at your prospective employer to compare \"\"apples to apples\"\" However, I actually think the value of a pension at retirement is greater than listed above.  To illustrate: So in this example my pension would seem to be valued at about $14,000 in salary for those 10 years.\""}
{"_id": "11276", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-30/as-poverty-surges-in-italy-populists-propose-a-citizens-income) reduced by 89%. (I'm a bot) ***** &gt; Five Star&amp;#039;s version would give Italians below the poverty line as much as &amp;euro;780 a month.  &gt; To keep Five Star from dominating the debate, Prime Minister Paolo Gentiloni, a Renzi ally, has approved a less ambitious plan he calls &amp;quot;The first universal tool against poverty.&amp;quot; The scheme, dubbed &amp;quot;Inclusion income,&amp;quot; would give 1.7 million people as much as &amp;euro;485 a month as long as they&amp;#039;re actively seeking work, at a cost of about &amp;euro;2 billion a year.  &gt; BOTTOM LINE - Italy&amp;#039;s populist Five Star Movement is proposing a universal basic income-an idea that rival parties have started to adopt ahead of elections expected next year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x7otl/as_poverty_surges_in_italy_populists_propose_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201948 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Five**^#1 **Star**^#2 **year**^#3 **Party**^#4 **program**^#5\""}
{"_id": "11295", "title": "", "text": "Yes, it is possible. But why would someone take full responsibility, if you're the one enjoying the profits? You'll have to pay your administrator a lot, and probably also develop a profit sharing plan to encourage success. What you're looking, essentially is to be a passive shareholder, and not participate in any management decisions at all. Depending on your location, it will pose additional disadvantages for you (for example, in the US, that would force you to structure your business as a C-Corp, vs more advantageous S-Corp)."}
{"_id": "11311", "title": "", "text": "\"Why only long term investments? What do they care if I buy and sell   shares in a company in the same year? Simple, your actually investing when you hold it for a long term. If you hold a stock for a week or a month there is very little that can happen to change the price, in a perfect market the value of a company should stay the same from yesterday to today so long as there is no news(a perfect market cannot exist). When you hold a stock for a long term you really are investing in the company and saying \"\"this company will grow\"\". Short term investing is mostly speculation and speculation causes securities to be incorrectly valued. So when a retail investor puts money into something like Facebook for example they can easily be burned by speculation whether its to the upside or downside. If the goal is to get me to invest my money, then why not give apply   capital gains tax to my savings account at my local bank? Or a CD   account? I believe your gains on these accounts are taxed... Not sure at what rate. If the goal is to help the overall health of business, how does it do   that? During an IPO, the business certainly raises money, but after   that I'm just buying and selling shares with other private   shareholders. Why does the government give me an incentive to do this   (and then hold onto it for at least a year)? There are many reasons why a company cares about its market price: A companies market cap is calculated by price * shares outstanding. A market cap is basically what the market is saying your company is worth. A company can offer more shares or sell shares they currently hold in order to raise even more capital. A company can offer shares instead of cash when buying out another company. It can pay for many things with shares. Many executives and top level employees are payed with stock options, so they defiantly want to see there price higher. these are some basic reasons but there are more and they can be more complex.\""}
{"_id": "11312", "title": "", "text": "\"If you do so in proportions to match juice, then yeah, you have juice (with added colorings, which are listed in the ingredients).  There's a reason there are limits, and that's to prevent such pedantry as what you suggest. There are small losses or gains allowed. Rarely does any industry hit things dead on.  For example, when making ham, one can add water (brine), and then cook the product, and as long as the finished product is not more than 0.9% from the original weight of the ham, it isn't \"\"water added.\"\" It's pretty amazing what modern equipment can do, but I still can't hit the green weight dead on every time.\""}
{"_id": "11319", "title": "", "text": "The smart phone platform vendors are missing out on a new niche that would make life easier for corporate workers and IT departments alike.  The current problem is the 'BYOD' trend, of every office worker wanting to bring their own device, iPhone, tablet, whatever. This is a problem because this is an uncontrolled environment from an IT point of view.  What if there was an app that ran on android/iOS/windows8/whatever that acted as a Virtual Phone that was encrypted and walled off from the rest of the users phone. And it is under complete control of corporate IT, so they are happy too. It would have its own number and act like a separate phone. However the user would only have one phone taking up pocket space, instead of classic situation of carrying their own phone and a 'work' phone.  The best company placed for this is RIM. They have a lot of experience in integrating phones to corporate environments. IT departments already have experience with the blackberry platform. They still have a large amount of money to burn in a Hail Mary project such as this and they are (or were) desperate enough to try such a change in direction.  They should exit the hardware business and make a virtual phone app that corporate IT can roll out to employees phones. Hell it would even be cheaper for companies than handsets alone.  They would own this market outright and if executed well, most companies would be on board and RIM would be back with the massive profit margins software usually carries. Instead of the lower margin hardware usually has."}
{"_id": "11330", "title": "", "text": "STFU. What are you, on safetry patrol in the 5th grade? Moderators like you are the reason reddit is in rapid decline. Reddit in rapid decline effects the bottom line.  If you were to resign as moderator, the community, and the bottom line would be better off. /business"}
{"_id": "11339", "title": "", "text": "Yes, but that is more of a problem in the long run dynamics of companies. In the short run they aren't changing the person in charge. It seems weird to assume they will stop trying until we see an actual strategy shift that seems short sighted."}
{"_id": "11341", "title": "", "text": "\"Although there are some good points made here as to the cause of inflation (mostly related to supply and demand), azcoastal does head in a different direction, one which I myself was going to take. Let me give a different angle, however. Another cause of inflation is the printing of money by the government (not simply replacing old money with new, but adding to the total money in circulation). If the government doubles the amount of currency in circulation (for the sake of argument and easy math), the value of all money decreases by a factor of 2. That's inflation, and the way G. Edward Griffin in The Creature From Jekyll Island puts it, it's really tantamount to a hidden tax. In a nutshell, the federal government wants to buy some cool stuff like new tanks or planes, or they want to give a bunch of food stamps to poor people, or they want to fly their private jets around, but they don't have enough money from taxes. So, they print money and spend it and buy their stuff. Because they've just increased the money in circulation, however, money loses its value. For example, your savings has dropped in value by half, despite the fact that the same number of dollars is in your savings account. This is just a way the government can tax you without taxing you. They buy stuff and you now have less money (i.e., your retirement is worth less) and you don't even know you just got taxed. Makes me sick that we let our \"\"leaders\"\" get away with this.\""}
{"_id": "11356", "title": "", "text": "Interest rates have been going down since 1980.  At some point it has to rebound, but as the old adage goes, the market can remain irrational longer than you can remain solvent.  The only thing we know with certainty about the 10 year interest rates is that it will most likely cap out at 0%.  Maybe...."}
{"_id": "11378", "title": "", "text": "You are making close to 200 K a year which is great. The aggressive payments on loans takes out around 30K which is good. The fact that you are not able to save is bad. Rather than pushing off your savings to later, scale down the lifestyle and push the upgrade to lifestyle for later"}
{"_id": "11394", "title": "", "text": "I said no and yelled at the sales rep cause they wouldnt take no for an answer. I recieved 2 bad reviews from San Franscisco and 2 from NY and I am in Miami.  Two of them mentioned menu items I did not serve for weeks cause the items were out of seasons.  F yelp!"}
{"_id": "11401", "title": "", "text": "Lets just get to the point...Ordinary income (gains) earned from S-Corp operations (i.e. income earned after all expenses for providing services or selling products) is passed through to the owners/shareholders and taxed at the owner's personal tax rate. Separately, if an S-Corp earns capital gains (i.e. the S-Corp buys and sells stock, earns dividends from investments, etc), those gains are passed through to the owners and taxed at a capital gains rate Capital gains are not the same as ordinary income (gains). Don't get the two confused, they are as different for S-Corp taxation as they are for personal taxation. In some cases an exception occurs, but only when the S-Corp was formally a C-Corp and the C-Corp had non-distributed earnings or losses. This is a separate issue whereas the undistributed C-Corp gains/losses are treated differently than the S-Corp gains/losses. It takes years of college coursework and work experience to grasp the vast arena of tax. It should not be so complex, but it is this complex. It is not within the scope of the non-tax professional to make sense of this stuff. The CPA exams, although very difficult and thorough, only scrape the surface of tax and accounting. I hope this provides some perspective on any questions regarding business tax for S-Corps and any other entity type. Hire a good CPA... if you can find one."}
{"_id": "11403", "title": "", "text": "Can confirm. I work in one such office in India surrounded by IT support people, but doing investment research myself. I swear these guys are so horribly bad that I've fought with my boss to just let me get the updates etc done on my own. He hasn't agreed because he's very computer illiterate, but even he can see how crazy incompetent the IT here is."}
{"_id": "11413", "title": "", "text": "Grow your small business with SAP Support services offered by The FirstCall Consulting. Our SAP consultants have 15+ years of experience that helps to resolve your critical SAP issues within the time frame and saves your efforts, time and money. Follow us on Weebly. Visit- http://www.thefirstcallconsulting.com/"}
{"_id": "11414", "title": "", "text": "Demand is also a rule of economics and always exists.  It is the advertising/marketing efforts that fulfills the assumption of economics of perfect information.  It is the entrepreneurs/ investors estimation of what the demand will be once consumers have perfect information of the product that creates companies, spurs investment, and creates jobs to carry out the plan.  All of this is based on the idea that the investment of time and money will generate a return.  To use a different product as an example; there is always demand for food, with consumer preference for say pizza.  I'm not creating jobs by sitting on my fat ass at home wanting someone else to make me a pizza, and drive it to my doorstep.  If there isn't a pizza place I can make myself a PBJ sandwich and no jobs are created.  It was the entrepreneur/ investors who hypothesized there was a hidden demand for fatasses like me wanting pizza that made the plan for building a pizza place and then investing money which was used to hire employees based on the assumption that the demand existed, and my fatass would spend money giving them a return on their investment."}
{"_id": "11423", "title": "", "text": "78.84% of statistics are made up on the spot."}
{"_id": "11429", "title": "", "text": "First, make sure you are contacting the bank directly - use an old invoice you have on hand with a phone number direct to the bank and call them.  Do not use the provided number, or you may wind up being pulled into a scam (It is entirely possible that the bank is also confused at this point - so you should not rely on the number provided at all). Second, once you can confirm that your account is being closed, find out when it is being closed so you know when you need to act on it - it's possible you still have access to your account, and do not need to launch into a panic just yet.   Third, get the bank to explain exactly why they are closing your account - make it clear that if they cannot explain, you will be forced to transfer to a new account and close business with them permanently - this is not a threat, this is a matter of fact because... Finally, if you cannot keep your account open, find a different bank and open up a new account.  Frankly, if your current bank is closing your account and only managed to get a letter out to you a month late, you should probably find a new bank.  If instead they simply cannot figure out if your bank account is closed or not, this is also a bad sign and you may want a new bank account anyway.   But please, go through these steps in order, because you need to verify with your bank what is going on.   Keep @Brick 's answer in mind as well, in case you need to get your money out of your account quickly."}
{"_id": "11439", "title": "", "text": "\"Well... (in the US, at least) \"\"making investments and building assets\"\" is how you save for retirement.  The investments just happen to be in the stock market, and the federal legislature has directed the US version of  Inland Revenue Services to give special tax breaks to investments which are not withdrawn until age 59 1/2. I don't know if there are such tax breaks in Pakistan, or what the stock market is like there, so I'm presuming that by saying, \"\"building lucrative assets\"\", your father is referring to buying real estate and/or becoming a trader. Anyway, it's a good thing that you are looking so far ahead in life instead of only thinking of fast cars and pretty girls.\""}
{"_id": "11447", "title": "", "text": "Just so you know, the SEC doesn't have criminal authority, they do civil fines.  It's the Department of Justice that sends white collar criminals to jail.  If you'd like to see what they've been up to, [here's a little info from the FBI](http://www.fbi.gov/stats-services/publications/financial-crimes-report-2010-2011)  Also, I could be wrong but I think the government mass settled the claims coming from the financial collapse.     *edit: you don't get to keep the money you made from your illegal activity.  That would just be stupid.  The fines are on top of giving the money back*  *edit 2: remember [these girls?](http://www.youtube.com/watch?v=ihLBCbNIDbI&amp;feature=share).  They didn't get to keep the money they stole.  It's no different in white collar crime.*"}
{"_id": "11454", "title": "", "text": "\"Assuming U.S. law, there are \"\"safe harbor\"\" provisions for exactly this kind of situation. There are several possibilities, but the most likely one is that if your withholding and estimated tax payments for 2016 totaled at least as much as your tax bill for 2015 there's no penalty. For the full rules, see IRS Publication 17.\""}
{"_id": "11456", "title": "", "text": "The short answer to your initial question is: yes. The option doesn't expire until the close of the market on the day of expiration. Because the option is expiring so soon, the time value of the option is quite small.  That is why the option, once it is 'in-the-money', will track so closely to the underlying stock price. If someone buys an in-the-money option on the day of expiration, they are likely still expecting the price to go up before they sell it or exercise it. Many brokers will exercise your in-the-money options sometime after 3pm on the day of expiration.  If this is not what you desire, you should communicate that with them prior to that day."}
{"_id": "11459", "title": "", "text": "About two years ago I went to BB giving them the benefit of the doubt.  They refused to price match another local retailer on the grounds they weren't local and BB gets to decide what constitutes local.  It will take a miracle to get me back in their store.  Incidentally the other retailer has big prominent signs outside, inside and on its ads saying it will price match including online retailers."}
{"_id": "11464", "title": "", "text": "817/150,000 = .54% Fees are based on balances not deposits, usually. Putting a front loaded fund as an option in a 401(k) should be criminal, not sure it is though.  Ask your HR dept to provide you fee details. If the .54% is correct, it's not bad.  I hope you have money from prior jobs as well, by the way."}
{"_id": "11479", "title": "", "text": "Corporate trainer is an instructor, who works in a business environment and imparts the skills, ideas and ethics to groups of employees. Now-a-days corporate trainer plays an important role in corporate sector. Better corporate training can transform your life. For good corporate training, you need best corporate trainer, who can guide you in a perfect way, then take help of Mitesh Khatri \u2013 Corporate Trainer, Motivational Speaker &amp; Leadership Trainer. https://trainermiteshkhatri.wordpress.com/2017/06/30/corporate-trainer-3-super-easy-ways-to-select-the-best/"}
{"_id": "11494", "title": "", "text": "Tons of files to read, deadlines to meet, meetings to attend\u2026 apart from doing your actual work of contributing to the business. In the middle of everything lie a few smart choices which have the potential of making things a lot easier for you. Adopting a CRM like Wakeupsales is one such choice"}
{"_id": "11506", "title": "", "text": "\"&gt;Canada has universities that are hugely benefitting. Students don\u2019t want to go to a country where they think they will be unwelcome. Smart people from India and China look at Trump and they make the decision that serves their interests the best.  No data. Have you been to China? Do you speak Chinese?  \"\"I\u2019d shut the fuck up about things I don\u2019t understand\"\"\""}
{"_id": "11508", "title": "", "text": "\"My favorite Fed \"\"admission\"\" was from Alan Greenspan during his testimony in Congress about what caused the 2008 financial crisis. Senator Waxman basically asked Greenspan if he had fucked up. Greenspan's glib reply was;  \"\"I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works, so to speak.\"\"  In other words, his grand economic theory was fatally flawed. So to speak. Unbelievable.   [YouTube link - 4:45 ](https://www.youtube.com/watch?v=R5lZPWNFizQ)\""}
{"_id": "11509", "title": "", "text": "The opening price is derived from new information received. It reflects the current state of the market. Opening Price Deviation (from Investopedia): Investor expectation can be changed by corporate announcements or   other events that make the news. Corporations typically make   news-worthy announcements that may have an effect on the stock price   after the market closes. Large-scale natural disasters or man-made   disasters such as wars or terrorist attacks that take place in the   afterhours may have similar effects on stock prices. When this   happens, some investors may attempt to either buy or sell securities   during the afterhours. Not all orders are executed during after-hours trading. The lack of   liquidity and the resulting wide spreads make market orders   unattractive to traders in after-hours trading. This results in a   large amount of limit or stop orders being placed at a price that is   different from the prior day\u2019s closing price. Consequently, when the   market opens the next day, a substantial disparity in supply and   demand causes the open to veer away from the prior day\u2019s close in the   direction that corresponds to the effect of the announcement, news or   event."}
{"_id": "11513", "title": "", "text": "I applied for a job a was literally perfectly qualified for. My educational background was exactly what it described, my work history was spot on, and my internship experience was DOING THAT JOB. I got an email two weeks later saying I wasn't qualified.   So now I just get jobs through connections. My own merits apparently don't mean anything."}
{"_id": "11538", "title": "", "text": "\"Typical for large companies.  My company isn't declaring bankruptcy but every year they \"\"run out\"\" of money for us to take legitimate business trips to support customers.  Meanwhile executives are constantly flying around so they can give speeches that say nothing to people who don't care.  Even if they just stopped spending so much when they traveled (international first class tickets are crazy expensive) we'd probably still have enough to go around.\""}
{"_id": "11539", "title": "", "text": "I err on the side of saving all of mine for a while.  Just toss them in a box at least.  A years' worth is about the size of a shoebox. I started doing this because one year, about a week after I tossed my receipts for the year, I realized that I had a fair bit of allotment left on my flexible savings account to use up.  I could have used those to substantiate over-the-counter medicines I purchased. Even if you don't use them for tax purposes, you can use them for budget-tracking purposes."}
{"_id": "11557", "title": "", "text": "Where are you operating your business and how is it structured? DBA, LLC? How do you plan on taxing the business?   You can purchase whatever hardware you want and resale at whatever price you want. You may be able to contact a vendor and open a dealer account. This means they'll will give you a price break if you purchase X amount of volume but this may require more upfront capital.   Warranty will probably be best to be done under your name. Most manufacture warranties require proof of purchase from an approved vendor. If you're buying and reselling at a higher cost then the original receipt will show your profits. Likewise, you can sale the hardware at cost and make all your money on labor. This would allow you to pass the warranty responsibility to the customer. Depending on the customer\u2019s site you may have to mount your routers, repeaters and access points in hard to reach places.  The customer might prefer to call you and have you take care of it from there.   The way I would do it structure the installations by square footage and predicted users. The greater the square footage the more hardware you\u2019ll need.   Offer a remote support plan at a reasonable rate. For 20/month you will provide tear 1 support which can include troubleshooting dead access points remotely, changing network names, and providing up to X amount of network reports. ( Ubiquiti offers network monitoring for free in their suite. You would just be interpreting this information) For issues that require you to come to site you can charge X amount of dollars per visit plus parts and labor. I would offer on the spot replacement for hardware under warranty for a very small fee and then you can ship off the defective hardware and have it replaced.   If you do purchase with amazon I know they offer extended plans on a lot of their electronics. It would be worth considering these plans and adding the cost to the hardware you\u2019re reselling. Most of these plans simply write you a check for defective hardware after you ship them in.   I would highly suggest going with a business structure that protects your personal assets such as an LLC. I recommend this because you will be proving a service to other people and you may be blamed for damages. If you are found to be at fault they company takes the hit, not you.   edit: Also, you can take advantage of amazon's two day shipping. When a customer contracts you for a job simply ask for 50% deposit and a 4 day notice. When you receive the deposit place the order on amazon for the hardware. This will mean less money out of your pocket."}
{"_id": "11569", "title": "", "text": "You are expected to file 1099 for each person you pay $600 a year. I.e.: not a one time payment, but the total over the course of the year. Since we don't know how much and what else you paid - we cannot answer this question. The real question you're asking is that if you're treating the enterprise as a hobby, whether you're supposed to file 1099s at all. The answer to that question is yes. You should talk to your tax adviser (a EA/CPA licensed in your state) about this, and whether it is the right thing for you to do treating this as a hobby at all."}
{"_id": "11572", "title": "", "text": "Start with the list of mortgage companies approved to work in your area. There are 80 within 10 miles of my house, and more than 100 in my county. Pick ones you know because they are established businesses in your area, region, or even nationally.   A good place to start might be with your current lender. The risk you seem to be worried about is a scam or a trick. In the recent past the scams were ones where the home owner didn't understand teaser rates, and the risk of interest only and pick-your-payment loans. The simpler the bells and whistles, the less likely you are to be embarking on a risky transaction. It can't hurt to ask an organization like the BBB or neighbors, but realize that many people loved their exotic mortgage until the moment it blew up in their face. So for 5 years your neighbor would have raved about their new mortgage until they discovered how underwater they were.  Regarding how smoothy the transaction is accomplished, is hard to predict. There is great variation in the quality of the loan officers, so a great company can have rookie employees. Unless you can get a recommendation for a specific employee it is hard know if your loan officer is going to give great service.   When getting a mortgage for a purchase, the biggest risk is getting a mortgage that results in a payment you can't afford. This is less of a risk with a refinance because you already have a mortgage and monthly payment. But keep in mind some of the monthly savings is due to stretching out the payments for another 30 years. Know what you are trying to do with the refinance because the streamlined ones cant be used for cash out."}
{"_id": "11578", "title": "", "text": "If you don't like the cartel extorting you, you should just leave.  So cartels are moral, right?  A: I shouldn't have to leave just because thugs say they run land. They don't own the land I'm on, private persons do. Those people should be the ones saying whether or not I can be there.  B: I actually can't leave for free. The US government dictates the terms under which I can leave. Currently, it would cost me some 12k to repudiate my citizenship. Oh, and the government can and does change those terms *at any time* without me having the ability to asset or dissent. How is it voluntary if it's entirely unilateral?"}
{"_id": "11592", "title": "", "text": "I think other US companies are starting to wonder where the cost savings are.   Moving to China is starting to look like a fad.  A couple of big companies went to save a buck and the rest jumped on the wagon to keep the stock holders happy."}
{"_id": "11601", "title": "", "text": "To invest relatively small amounts in the real estate market, you could buy shares in a Real Estate Investment Trust (REIT), a type of mutual fund. Admittedly that's a very different proposition from trying to become a landlord; lower risk but lower return."}
{"_id": "11617", "title": "", "text": "&gt; many of our policies set up public schools to fail. Is that your impression?  Maybe, I wonder if schools main function is not education, but babysitting. We are definitely succeeding at our function of babysitting. The two functions, babysitting and education are intertwined quite nicely, but it would be interesting to design an experiment where we test one and the other, and see parent's reactions.   What would be the consequences of this experiment?  Provide each student with a monitor so they can watch all their classes from their house, nothing else changes, students can still ask questions, like a conference call. This would keep the education, but take away the babysitting."}
{"_id": "11627", "title": "", "text": "You're making a political argument out of a mathematical truism.  There is no difference between getting paid $100 more per month and having something that you routinely pay for become $100 per month cheaper for you.  In both cases you have $100 more surplus income.  There may be a slight difference in taxation and other finer details, but all things being equal it's the same thing."}
{"_id": "11633", "title": "", "text": "\"Assuming you can understand and emotionally handle the volatility, a good indeed fund would be wise. These are low fee funds which perform as well as our better than most managed investments and since they don't cost as much, they typically out perform most other investment vehicles. The S&P 500 is traded as SPDR. Another option is the Dow Jones Industrial Average, which trades as DIA. Average returns over the long term are 10-12%. If you expect to need the money in the short term (5-8 years), you have a non trivial chance of needing to pull the money out when the market is down, so if that's unacceptable to you, choose something with a guarantee. If you're terrified of losing money in the short term, don't think you can handle waiting for the market to go up, especially when every news caster is crying hysterically that the End of Economic Life on Earth is here, then consider a CD at your bank. CDs return much lower rates (around 2% right now) but do not go down in value ever. However, you need to lock your money into them for months to years at a time. Some people might tell you to buy a bond fund. That's horrible advice. Bond funds get lower returns AND have no guarantee that you won't lose money on them, unlike aactual bonds. As you're new to investing, I encourage you to read \"\"The Intelligent Investor\"\" by Benjamin Gramm.\""}
{"_id": "11653", "title": "", "text": "Jacksonville Gold Club now has special packages for every party, regardless of the size or the type of celebration. Whether it\u2019s a Jacksonville Bachelor Party, bachelorette party, birthday or business event, we have exactly what guys, girls, and couples are looking for."}
{"_id": "11654", "title": "", "text": "\"You will need to file  a US income tax return, and declare all income world-wide.  Whether this results in any tax owed depends on your particular circumstances, and the effect of any tax treaties between the US and India. There are additional requirements for the filing of information on the amounts in foreign accounts held by \"\"US tax persons\"\".  Depending on the nature of these accounts, the complexity of the forms, and the penalties for non-compliance can be quite high... Short version:  Consult a professional well-qualified in US/India tax matters...\""}
{"_id": "11659", "title": "", "text": "\"You are not required to contribute to a TFSA or an RRSP. Nobody contributes to OAS, it's a program to provide benefits to old people for them to be \"\"secure\"\". The only fund you MAY contribute to is CPP. If you're being paid a salary by a Canadian employer they will deduct some money from your salary (and add more money of their own) as CPP contributions. Ignore the getting of CPP early or late, since that's just a 5 year shift not related to \"\"ok, I'm leaving the country, send me my pension.\"\" Your issue is more \"\"can I collect when I no longer live there?\"\" Plenty of Canadians retire outside of Canada (the warmth of Florida lures many of us) and collect their CPP. There is even a page about the mechanics of getting your pension in another currency. That said, CPP is a very small pension. If you work for 40 years at more than $50,000 a year and wait till age 70 to collect you will still get less than $1000/month. Working for less time, less than that salary, or taking it before you're 70 will all reduce it substantially.  Probably more relevant to you, you can have your Canadian years counted as American ones thanks to a Social Security Agreement between the two countries.\""}
{"_id": "11661", "title": "", "text": "Could they is not the question, it's should they.  There is no math or methodology that can definitively answer that question. The reason they keep so much cash is the company almost died due to lack of cash. They are institutionally scared of that happening again."}
{"_id": "11665", "title": "", "text": "There is not a quantified set in stone amount of pain that must be endured for this situation to be resolved, and it is my belief that Germany stepping up and doing their part would help minimize the overall pain that must be endured, to say nothing of it being the right thing to do. Additionally, I do believe it will result in the greatest amount of economic growth overall."}
{"_id": "11672", "title": "", "text": "Assuming you are looking at moving your earnings when your tax status in India was NRI; then there are no taxes to be paid when you transfer the money back to India. You can move the funds back to India over a period of 7 years from the day you land."}
{"_id": "11675", "title": "", "text": "It would be difficult to answer without knowing specifics about a particular offer. In certain cases, it's definitely great and one could become a millionaire [Google for example]. In other cases one could lose money. In most cases one makes a decent return. As the specifics are not available, in general look out for: Most of these would determine if the plan is good for you to get into."}
{"_id": "11685", "title": "", "text": "I don't know much about finance, but maybe you should research some stocks, find one that outperformed the market during a recession or downturn and analyze it.  My first guess would be to go onto finance.google click some stocks and look at the graph during a time period when there was a downturn, click the button that compares it against the s&amp;P or DOW and if the stock is higher then, yippee-ki-yay,  you found something to analyze."}
{"_id": "11716", "title": "", "text": "Many businesses will request that you get a bank-issued check for large amounts of money. The exception is often in cases where you're not going anywhere: you can write a 50,000 check for a deposit on a new house, and you'll never have a problem, but a car dealer will probably request a counter check for the same sum."}
{"_id": "11719", "title": "", "text": "If you carried a balance from the last month, then pay the card off as soon as possible. Otherwise I agree with @mbhunter that you should wait until close to time for the bill to become due. Then always pay the credit card off in full and you will borrowing Chase's money interest free for up to 30 days."}
{"_id": "11721", "title": "", "text": "Whenever you want to spend the weekend with your family, then you can come here to make the special evening in West Palm Beach Escape Rooms. It is a full secure place for the girl, we have good corporate team building escape rooms WPB. We are working together and using your time wisely will you find the clues. We serve you better service all of those escape room, our services are less than expected. The escape rooms are amazing design for those people who want to spend the time with fun and get participate in our activities."}
{"_id": "11722", "title": "", "text": "Find a physical activity or programme that interests you.  Memberships only have real value if you use them.  Consider learning a martial art like karate, aikido, kung fu, tai kwan do, judo, tai chi chuan. :-)   Even yoga is a good form of exercise. Many of these are offered at local community centres if you just want to try it out without worrying about the cost initially.  Use this to gauge your interest before considering more advanced clubs.  One advantage later on if you stay with it long enough - some places will compensate you for being a junior or even associate instructor. Regardless of whether this is your interest or if the gym membership is more to your liking real value is achieved if you have a good routine and interest in your physical fitness activity.  It also helps to have a workout buddy or partner.  They will help motivate you to try even when you don't feel like working out."}
{"_id": "11730", "title": "", "text": "I've had some time to investigate this and so I will answer my own question, as it may be of help to others. One of the first things to do is examine all bank statements, as this may reveal in-goings and out-goings from a previously unknown source. Secondly, get any mail redirected. Unfortunately, mail redirection is far from perfect in the UK but at least it increases one's chances of uncovering an unknown asset. Lastly, there is Landmark FAS who will do a search for a fee of around \u00a3175."}
{"_id": "11791", "title": "", "text": "I would apply extra cash left over at the end of the month as follows, in order of priority: Realize, though, that this is my take on priority. My experience has been that a liquidity crisis is much more stressful than having a mortgage or other debt -- illiquid wealth is almost useless when you need cash. So if you still have strong feelings about retiring that debt after considering the liquidity issue, go ahead and swap #3 and #4 above. Make plans to pay off the mortgage over the next 10 years. Find a mortgage payoff calculator and make extra monthly payments that keep you on a 10 year schedule. I'd strongly suggest making sure your retirement savings are on track, though. Time is on your side here, and your required monthly contribution will be low now while you're still in your 20s."}
{"_id": "11802", "title": "", "text": "I see one clear thing to help: She lives alone.  Why does she need a two bedroom place?"}
{"_id": "11809", "title": "", "text": "In the world, chocolate is the most popular tested product. The popular product manufactured by roasting, fermenting, and processing the beans of a cacao tree in combination with sugar is a pretty amazing food. To all integrate needs to the Chocolate melting tank. So if you want to melt tank, then you can contact us. We will provide you with the best quality tank at an affordable price."}
{"_id": "11819", "title": "", "text": "\"I call BS. Glass-Steagall was an important firewall preventing investment in securities that commercial banks have no business being in, even with 100% reserve. When required returns continuously increase due to shareholder expectations, it is only a matter of time before riskier and riskier positions are taken to meet these expectations. This is a risk that depositors (FDIC in reality) never knowingly signed up for. At some point it only takes one really bad derivatives trade to bring it all down.   In the long run, decent interest rate spreads should be enough to keep commercial bankers happy. At the very least, some limitation on certain types of heavily levered trading should be established.  I don't buy the idea that if you remove \"\"one extremely risky way to make money people will just find another.\"\" That is true to an extent, but at least those people won't be doing it on Average Joe's dime.\""}
{"_id": "11823", "title": "", "text": "Price range compared to the Model 3?  Here in Germany we always get the same yada yada about batteries not sufficient, grid not evolved enough, Tesla going down soon.  But Benz is actually preparing, also gigafactorywise. You are right.  The bigger question is when they will realize that they can't maintain just selling cars to the end user. Owning a car at some point will be a thing of the past. You will pay a monthly fee and always have a car in front of your house when you need it."}
{"_id": "11824", "title": "", "text": "It depends, generally for consumer goods it is advisable to pay money in one go and avoid paying installments as there are charges for it."}
{"_id": "11862", "title": "", "text": "We are about to have a 1.4 million headcount shortfall in software development by 2020, many of those jobs earn over twice the average household income.  So while you may claim software wealth peaked in the 90s, that's false. The problem is it takes decades for companies to churn out tons of millionaires, there really are no overnight successes and most people in the industry are mediocre. So for an accurate comparison you need to look at facebook, twitter and other social sites from the 00's and uber, airbnb and slack 10 years from now. The gaps are the result of the crashes in 01 and 08.  Also most people struggle with basic computer operation without a GUI, programming is not for everyone."}
{"_id": "11884", "title": "", "text": "The only way someone can take money out of your account using just your sort code and account number is if you set up a direct debit to pay them (or someone pretending to be you sets up the direct debit). Even with Paperless DD's this can take some time. Anyone who can process debit card transactions can take money from your account if they have your debit card number, expiry date and cvv number. Direct debits do not have an expiry date so they are normally used for paying automatic regular long term bills (like rent, rates, electricity etc). Note, anyone with an ordinary bank account can pay money into account,  using your sort code and account number."}
{"_id": "11885", "title": "", "text": "Collection agencies will eventually find you if you work for an employer that uses the credit bureaus for pre-employment screening, or you sign up for utilities or services that check your credit, or you enter into public record any other way (getting arrested, buying land, etc.). Such inquiries will put you on the grid where the collection agencies can find you and/or sue you. Two years out is about the point where they're looking for blood. The next time your friend applies for an apartment, utilities or cell phone service, she's going to get some calls."}
{"_id": "11887", "title": "", "text": "Spent a few years in Taiwan working remotely to the US.  I didn't speak the language so everything was background noise and I have never been so productive. Well, until someone is eating and chewing with their mouth open.  Chalkboard and nails shit right there."}
{"_id": "11888", "title": "", "text": "No surprises here. Maybe the author has forgotten that we're still in a depression with high unemployment and 99% of the population has less money.  Families have a limited entertainment budget and more product categories vying for their money. This isn't rocket science."}
{"_id": "11927", "title": "", "text": "You set it based on liquidity management. Cash drag is one of the reasons actively managed funds underperform. The longer your settlement date, the less cash you have to hold because you can take three days to liquidate positions to redeem. So it's a convenience vs performance question."}
{"_id": "11935", "title": "", "text": "You can be sued if some random stranger that you never had any interaction with gets in an accident. There is really no barrier to people suing you if they get it in their head that they want to. Winning that lawsuit is another matter entirely.  Whether you would be held liable and lose the lawsuit depends on whether someone can convince a court that you are partially responsible for a financial loss. Not sure how anyone could possibly successfully argue that in this situation."}
{"_id": "11936", "title": "", "text": "\"What you have is usually called a pre-paid credit card.  You pay some money (Indian Rupees) to the credit card company, and then you can use the card to pay for purchases etc in foreign (non-Indian) currencies upto the remaining balance on the card. If a proposed charge exceeds the remaining balance, the transaction will be declined when you try to use the card.  There might be multiple ways that the card is set up, e.g. it might be restricted to charge purchases denominated in US dollars alone, or you might be able to use it anywhere in the world (except India).  The balance on the card might be denominated in INR, or in US$, say. In the latter case, the exchange rate at which your INR payment was converted into the $US balance is fixed and agreed to at the time of the original payment: you paid INR 70K (say) and the balance was set to US$ 1000 even though the exchange rate on the open market would have given you a few more US dollars. In the former case with the balance denominated in INR, a charge of US$ 100, say, would be converted to INR at a fixed agreed-upon rate, or at the current exchange rate that the Visa or MasterCard network is using, plus (typically) a 3% fee currency exchange fee, and your balance in INR will decrease accordingly. With all that as prologue, if you made a purchase from Walmart USA and later returned it for a credit, it should increase your credit card balance  appropriately. You may be whacked with currency conversion fees along the way depending on how your card is set up, but with a US$-denominated card, a credit of US$100 should increase your card balance by US$100. So, that $US 100 can be spent on something else instead.  In short, the card is   your \"\"bank\"\" account. You cannot spend more than the remaining balance on the card just like you cannot withdraw more money from your bank account than you have in the account, and you can recharge your card by making more INR payments into it so as to increase the available balance. But it is like a current account in that you are unlikely to earn interest on the balance the way you do with a savings account. So what if you are back in India and have no further use of this card? Can you get your balance back as cash or deposit into your regular bank account? Call the Customer Help line, or read the card agreement you signed.\""}
{"_id": "11954", "title": "", "text": "Corporations exist to generate profit and reduce risk for investors.  This is a socially good and useful function that benefits us all.  A corporation that didn't seek to lower its tax bill to the lowest legally allowed would be breaking the law.  Rather than show up unannounced at random times and ransacking/pillaging whatever they could grab ahold of, governments have discovered (through trail and error) that having clear consistent rules about how much they demand nets them more revenue.  Thus tax law and why it is important.  Over time governments have used tax law for social engineering purposes, and as a mechanism for attempting to control their local economy. Because of this tax law has tended towards higher and higher complexity.  Throw territorial rivalry into the mix and tax law can be also used as a sort of economic weapon.  All of this yields a monstrously complex tax code, which mandates that businesses pay more and more attention to following it's arcane rules if they want to remain in business.  'Gaming the system' isn't morally wrong, it is what governments expect businesses to do, otherwise they wouldn't spend so much time setting up such complex rules for business to follow.  I suspect that there will be public outcry for more rules, making the tax system even more complex, because evil businesses are attempting to follow the rules.  In a sane world governments would step back, refrain from social and economic manipulation (which they have shown themselves to be incompetent at anyway) and create as simple a tax code as possible. So that the tax code is no longer where businesses seek to gain advantage, but rather focus their time and energy into creating better products/services (every dollar spent on tax-lawyers/accountants is a dollar not spent on making the business better).  Creating more rules to punish people for following the rules is insanity."}
{"_id": "11961", "title": "", "text": "&gt;When banks, insurers, and other entities large enough to have a Chief Risk Officer enter into these contracts, the assumption is that they know what they're doing  HAHAHAHAHAHHAHAHAHAHHAHAHAHAHAHAHAHAH  By that logic, record companies know what they're doing with respect to music and Michael Bay knows what he's doing with respect to filmmaking."}
{"_id": "11965", "title": "", "text": "&gt; Then the author suggests discriminating against people from elite schools and never hiring them.  No, he suggests hiring based on class rank. Avoiding hiring from elite schools is a predictable outcome based on what salaries those candidates tend to demand from the market, it's not that those students are bad it's that they're probably a less cost-effective option than students from less-elite schools."}
{"_id": "11967", "title": "", "text": "It is very necessary to get the fitting done properly because if not, the noise reduction is going to be a good as negligible. Replacing your single glazed window with the double one is going to make a massive difference. And when you are choosing the window, it is necessary to take care of the thickness of the glass and also the distance of the panes."}
{"_id": "11979", "title": "", "text": "Here's how I think about money. There are only 3 categories / contexts (buckets) that my earned money falls into. Savings is my emergency fund. I keep 6 months of total expenses (expenses are anything in the consumption bucket). You can be as detailed as you want with this area but I tend to leave a fudge factor. In other words, if I estimate that I spend approximately $3,000 a month in consumption dollars then I'll save $3,500 times 6 in the bank. This money needs to be liquid. Some people use a HELOC, other people use their ROTH contributions. In any case, you need to put this money some place you can get access to it in case you go from accumulation (income exceed expenses) to decumulation mode (expenses exceed income). This money is distinct from consumption which I will cover in paragraph three. Investments are stocks, bonds, income producing real estate, small businesses, etc. These dollars require a strategy. The strategy can include some form of asset allocation but more importantly a timeline. These are the dollars that are working for you. Each dollar placed here will multiply over time. Once you put a dollar here it shouldn't be taken out unless there is some sort of catastrophe that your savings can't handle or your timeline has been achieved. Notice that rental real estate is included so liquidating stocks to purchase rental real estate is NOT considered removing investment dollars. Just reallocating based on your asset allocation. This bucket includes 401k's, IRAs, all tax-sheltered accounts, non-sheltered brokerage accounts, and rental real estate. In general your primary residence is not included in this bucket. Some people include the equity of their primary residence in the investment column but it can complicate the equation and I prefer to leave it out. The consumption bucket is the most important bucket and the one you spend the most time with. It requires a budget. This includes your $5 magazine and your $200 bottle of wine. Anything in this bucket is gone. You can recover a portion of it by selling it on ebay for $3 (these are earned dollars) but the original $5 is still considered spent. The reason your thought process in this area is distinct from the other two, the decisions made in this area will have the biggest impact on your personal finances. Warren Buffett was famous for skimping on haircuts because they are worth thousands of dollars down the road if they are invested instead. Remember this is a zero-sum game so every $1 not consumed is placed in one of the other buckets. Once your savings bucket is full every dollar not consumed is sent to investments. Remember to include everything that does not fit in the other two buckets. Most people forget their car insurance, life insurance, tax bill at the end of the year, accountant bill, etc. In conclusion, there are three buckets. Savings, which serve as your emergency bucket. This money should not be touched unless you switch from accumulation to decumulation. Investments, which are your dollars that are working for you over time. They require a strategy and a timeline. Consumption, which are your monthly expenses. These dollars keep you alive and contribute to your enjoyment. This is a short explanation of my use of money. It can get as complicated and detailed as you want it to be but as long as you tag your dollars correctly you'll be okay IMHO. HTH."}
{"_id": "11988", "title": "", "text": "\"Actually, this is a pretty good analogy to certain types of stocks, specifically tech and other \"\"fad\"\" stocks. Around the turn of the century, there were a lot of \"\"Bobs\"\" buying tech stocks (like they would baseball cards), for tech stocks' sakes. That's what drove the internet and tech stock bubbles of high valuations. At other times, the tech stocks are bought and sold mainly by \"\"Steve's\"\" for business reasons such as likely (not merely possible) future appreciation, and command a much lower valuation.\""}
{"_id": "11995", "title": "", "text": "I have a friend that bought volatility calls the day before brexit and made 1900% return in 1 night.  I wouldn't put that investment next to someone that's buying and holding SPY and say my vix friend is thousands of times better at investing."}
{"_id": "11998", "title": "", "text": "\"I have a couple other important considerations regarding external HSA accounts vs employer sponsored HSA accounts. Depending on your personal financial situation and goals; some people like to use HSA accounts as an extra retirement account (since the money can be withdrawn penalty free in retirement for non-medical expenses, and completely tax & penalty free at any time for medical expenses). If your intended use for the HSA account is an investment vehicle for retirement, then you may find more use/benefit out of an external provider that may provide more or better investment options than your employers HSA investment options. There can be a lot of additional value in those extra investment options over greater periods of time. Another VERY important consideration for FICA taxes (FICA includes Social Security & Medicare) that I don't believe was mentioned before - for those earners who are under the maximum social security wage limit, you are paying 6.2% of each paycheck into social security taxes. As others have mentioned you can \"\"save\"\" this tax through your employer\u2019s plan if you set up the account to be funded pre-tax from your paychecks. However, in doing so, you are lowering your overall contributions into social security, which may lower your social security benefits in your retirement years!  If this is ultimately going to lower your SSA benefits in retirement then that is a big future cost that may steer you against the pre-tax employer contributions. Think of social security as part of your retirement plan, not as a tax but instead as an additional check you put away for yourself for retirement every month. Of course, this is only an important consideration if SSA is still going to be around when you retire, but let's assume that it will be. This is not an issue for higher earners, earning well above the max SSA taxable wages. There is no wage limit on the 1.45% Medicare tax withholding's, and there is certainly no harm in saving Medicare taxes because it will not affect future Medicare benefits. So for taxpayers earning well over the max SSA wages, they will just save the 1.45% Medicare taxes without affecting their SSA contributions and resulting retirement benefits.  So again, it all comes down to personal situations. Depending on your earnings and goals, employer plan may or may not be the way to go.  Personally, for my lower earning clients, friends and family, I tend to recommend that they do whatever they can to maximize their social security benefits in retirement. So I would advise them to either use the external provider account, or the employer plan but with post-tax contributions so you don't lower the SSA withholding's but can still claim the income tax deduction on your tax return. YMMV -Dan\""}
{"_id": "12008", "title": "", "text": "Skills are not going to cut it.  Environment matters. Social network matters. Government matters.  So an entrepreneur at aged 7 who wants to stack the decks of becoming a billionaire should start preparing for Harvard. At teens, he (yes HE) should be friends with similar guys (yes GUYS) who's dads are multimillionaires or well connected in politics.  Obviously, that assumes the person is already American. (Being in Canada or Switzerland is already going to prevent one from being a Billionaire) If he's not even in America, he's already behind. Non-US billionaires become that way heavily because of being in bed with the government. Figuratively speaking or literally."}
{"_id": "12010", "title": "", "text": "\"It's not a \"\"withholding tax\"\" it's a \"\"withholding tax amount\"\". That is, they are not taxing you but they are holding back some of your withdrawal and sending it to the government to cover any taxes you will need to pay on the withdrawal. Same as your employer withholds some of your salary and sends it to the government for you. You won't claim it as a deduction, but it will go at the end along with tax withheld from your salary or anything else. So if you owe $10,000 of tax but various entities have already sent the government $11,000 on your behalf, you will get a $1,000 refund.\""}
{"_id": "12027", "title": "", "text": "You don't have to go through an exchange. That wasn't the problem. It was that the people trading on them wouldn't be willing to take your offer. An exchange can't just list a company. They need that company's consent and the company need's the exchange's consent. I don't know if you're aware of this but that was also an entirely new disaster during Facebook's IPO. Computer glitches didn't help. What you're talking about is a called a secondary market, kind of. Stock exchanges offer those too, especially for options.   That's the typical stock footage you see of guys on wall street yelling and screaming while throwing paper up in the air."}
{"_id": "12032", "title": "", "text": "\"Short answer: \"\"Thanks for the heads-up, Luddites; I'll be taking my business somewhere *not* threatened by the realities of the modern world.  Can I send you a complimentary buggy-whip as thanks for my time with your company?\"\"  / Huh, I wouldn't have expected PNC to have so many Reddit shills.  In that case, I prefer [this comment](https://www.reddit.com/r/Bitcoin/comments/75tm44/just_got_a_call_from_my_bank_demanding_i_tell/do98uke) from the original thread: \"\"why are you buying bitcoin?\"\", \"\"bitcoin doesn't call me with annoying questions when I spend it\"\".  Can you see the future *now*, boys?\""}
{"_id": "12034", "title": "", "text": "I assume I can/will need to file an 83(b) election, in order to avoid   tax repercussions? What exactly will this save me from? 83(b) election is for restricted stock grants, not for stock purchases. For restricted stocks, you generally pay income tax when they vest. For startups the price difference between the time of the grant and the time of the vesting can be astronomical and by choosing 83(b) you effectively pay income tax on the value of the grant instead of the value of the vest. Then, you only pay capital gains tax on the difference between the sale price and the grant value when you sell. In your case you're exercising an option, i.e.: you're buying a stock, so 83(b) is irrelevant. What you will pay though is the tax on the difference between the strike price and the stock FMV (unless the stocks you end up buying are restricted - which would have been the case if you exercised your options early, but I don't think is going to be the case now). What steps should I take to (in the eyes of the law) guarantee that   the board has received my execution notice? The secretary of the board   is a notorious procrastinator and can be very unorganized. You should read what the grant contract/company policy says on that. Ask the HR/manager. Usually, a certified letter with return receipt should be enough, but you should verify the format, the address, and the timeframe."}
{"_id": "12035", "title": "", "text": "One thing that has not been pointed out as a disadvantage of using Credit Cards:  people tend to spend more.  You can see This Study, and this one, plus about 500 others.  On average people tend to spend about 17% more with credit cards then with cash.  This amount dwarphs any perks one gets by having a credit card.   The safest way to use one is to only use them for purchases where you cannot make a decision to spend more.  One example would be for utility bills (that don't charge a fee) or at the gas pump. Using them at Amazon might have you upgrade your purchase or add some extra items.  Using them at restaurants might encourage you to order an extra drink or two.  Using them at the coffee shop might have you super size your coffee or add a pastry.   Of course this extra spending could lead you into a debt cycle exacerbating the financial hit many struggle with.  Please tread carefully if you decide to use them."}
{"_id": "12041", "title": "", "text": "If you want to have uninterrupted internet access then buy a Linksys Smart Wifi router. The setup of the router is easy via its web interface as well as through the WPS setup. If you need help for the set up, feel free to contact us."}
{"_id": "12081", "title": "", "text": "Plus size fashion includes tops, tunics and bottom wear that are specially designed to flatter full-figured women. Wearing stylish shrugs and jackets is one way to look slender and tall. Another way is to order bespoke clothing that will ensure the perfect fit."}
{"_id": "12083", "title": "", "text": "Zero Hedge didn't write the original post. It was published by, wait for it- The Economic Collapse Blog http://theeconomiccollapseblog.com/archives/nafta-is-20-years-old-here-are-20-facts-that-show-how-it-is-destroying-the-economy  When they are syndicating crap from a website like that I just have to tune them out."}
{"_id": "12106", "title": "", "text": "You have to file an application with PF Office. Normally your existing Organisation [which you just quit] helps you with the formalities. If not you would have to complete the same and submit it to the EPFO."}
{"_id": "12119", "title": "", "text": "\"I think the math is wrong. Note that in Scenario #1, you are only out of pocket $1000, while in Scenario #2, you are out of pocket $1250;  the contribution and the tax you paid with respect to it. A better concept than tax rate is \"\"Retention Rate\"\".  This is the fraction of your money that the Feds let you keep.  And Growth Factor is the how much the investment grows. So In Scenario #1, you multiply $1000 by the investment Growth Factor and then by the retirement Retention Rate. And in Scenario #2, you multiply the same $1000 by the current Retention Rate and then by the Growth Factor. Since in your approximation, the two GFs are the same, there is no saving...\""}
{"_id": "12133", "title": "", "text": "In addition to the advice already given (particularly getting rid of high-interest debt), I would add the following:"}
{"_id": "12140", "title": "", "text": "Housing plus transportation should be about 40%, according to your given rule of thumb, and that's where yours are, so I think you're okay. Guidelines are not rules, and must be related to one's individual circumstances. That said, double-check that your transportation expenses are really zero."}
{"_id": "12141", "title": "", "text": "You're missing the point. The US is double dipping as the jurisdiction where the money was earn and taxed too the first dip. It is direct interference in another country's economy and an attack on their sovereignty. Frankly, it smack of typical American conservatism: taking the view that the rest of the world is just an American colony. It's fundamentally undemocratic."}
{"_id": "12146", "title": "", "text": "\"I am/was responding to your point that beef prices \"\"should be hitting everyone else harder\"\".  Your initial argument was that vertical integration made them better able to beat the competition due to lower beef cost.  Clearly not all competition is vertically integrated, so the initial premise warrants exploration.  My comments explore my concerns with your premise, despite the fact I am not an expert on beef or Mcdonalds.  Your initial premise also misses the point that not all of McD's competition is selling beef. This sort of implies that McDonalds can completely keep costs the same as substitutes just because they are vertically integrated.  But I will ignore that for now too.  Now you have abandoned your initial premise and are now arguing that derivatives, combined with vertical integration are the cause for the competitive advantage. I am not going to even begin to argue with this because I don't know about McDonalds hedging strategies compared to their competition. I do know that the derivatives are a) available to the competition and b) would be necessary for McDonalds to even begin controlling \"\"beef cost\"\".  So, my main point stands, the vertical integration does not significantly help McDonalds control beef costs compared to a pure derivative strategy (regardless of if competition actually uses derivatives).\""}
{"_id": "12176", "title": "", "text": "Actually, economists (including Krugman, that posterboy of reddit) [said as much when Bush did those pre-recession](http://krugman.blogs.nytimes.com/2009/08/27/a-note-on-the-bush-fiscal-legacy/) (I know he posted about it earlier but can't find it now).  EDIT: [Boom](http://www.nytimes.com/2003/03/11/opinion/11KRUG.html)  The general guidance is get revenue during a boom so that you have fiscal levers in times of a recession. Bush basically set up the economy pre-recession so that those levers were taken away, between the tax cuts and the wars."}
{"_id": "12201", "title": "", "text": "Sorry to necro this thread but you were totally right - I found this study that confirms buying puts loses money at a faster rate than is predicted by CAPM. Conversely, writing puts earns superior risk-adjusted returns compared to the market portfolio. The study is about writing straddles but it's a similar concept. I'm just posting here in case someone searches this thread in 6 months https://deepblue.lib.umich.edu/bitstream/handle/2027.42/74142/0022-1082.00352.pdf?sequence=1"}
{"_id": "12212", "title": "", "text": "I don't believe there exists a tax-advantage for paying employees a bonus instead of increased salary. It's all expense to the employer, it's all income to you, and it's taxed the same (bonus checks might have more withheld, but your end of year tax burden doesn't change). It does benefit your employer to delay a significant portion of your pay until the end of the year, delaying payment provides buffer in case of delays in getting paid by the client. Your employer could even put the extra money to work earning more money over the year.  It would depend on your contract, but are you due your bonus if you were to leave your job before year-end? If not, that's a great reason to delay payment, because it makes you less likely to leave mid-year, and should you not work out they can keep the difference."}
{"_id": "12229", "title": "", "text": ""}
{"_id": "12232", "title": "", "text": "Some other answers mention the ability to sell at grant. This is very important. If you have that ability, think about your guaranteed return. In my case, I get a 15% discount on the lowest 6 month window price from the last two years.  If you do the math, the worst case return can be calculated: 1) Money that from the beginning of the window, I make 15% for 6 months (30% annual return guaranteed) 2) Money at the end of the window (say the last month) is 15% for one month (180% annual return guaranteed) In the end, your average holding window for your money is about 3 months (you can calculate it exactly). At that rate, you have a guaranteed 60% annual return. You can't beat that anywhere, with a significant upside if your company stock is increasing. So, if your company has an instant sell at grant option, you have to be brain dead not to do it. If it takes time to get your shares, then you need to look at the volatility of the stock to see how big the chance of losing money is. To generalize to a formula (if that's what you want): WM = purchase window (in months); D = Discount Percentage; GR = Guaranteed Return GR = 12/(WM/2) * D = 6*D/WM One last thing, If you are going to participate in ESPP, make you that you understand how to do your taxes yourself. I haven't found a tax person yet who does ESPP correctly (including an ex IRS agent), so I always have to do my taxes myself to make sure they get done correctly."}
{"_id": "12247", "title": "", "text": "You want to have 2-4 credit cards, with a credit utilization ratio below 30%.  If you only have 2 cards, closing 1 would reduce your credit diversity and thus lower your credit score.  You also want at least 2 years credit history, so closing an older credit card may shorten your credit history, again lowering your credit score.  You want to keep around at least 1-2 older cards, even if they are not the best. You have 4 cards: But having 2-4 cards (you have 4) means you can add a 5th, and then cancel one down to 4, or cancel one down to 3 and then add a 4th, for little net effect.  Still, there will be effect, as you have decreased the age of your credit, and you have opened new credit (always a ding to your score). Do you have installment loans (cars), you mention a new mortgage, so you need to wait about 3 months after the most recent credit activity to let the effects of that change settle. You want both spouses to have separate credit cards, and that will increase the total available to 4-8.  That would allow you to increase the number of benefits available."}
{"_id": "12265", "title": "", "text": "Removing limescale is most adequately done by utilizing vinegar. There is basically no better fluid that is better to clean family unit things, for example, pot, taps, baths and showers. the limescale remover Compound items sold in the general store may guarantee to leave everything at home shining clean. In any case, anyone who has taken a stab at cleaning the glass in the shower of the taps in the shower will realize that they can invest a long energy scouring without evacuating the limescale."}
{"_id": "12268", "title": "", "text": "As a permanent resident in the U.S. but not a citizen, I was told by a representative at Scottrade that I am not allowed to open a brokerage account."}
{"_id": "12277", "title": "", "text": "Since October 26th the marketers of the Savoury-cluster (Unox, Knorr, Bertolli, Conimex and Cup-a-Soup) are interacting on Facebook with hundred consumers for three months. Unilever\u2019s marketers talk about consumer eating habits, cooking- and buying behavior. They also research what consumers think of their products, brands and advertising."}
{"_id": "12290", "title": "", "text": "\"I would start with The Intelligent Investor.  It's more approachable than Security Analysis.  I read the revised edition which includes post-chapter commentary and footnotes from Jason Zweig. I found the added perspective helpful since the original book is quite old. Warren Buffet has called Intelligent Investor \"\"the best book about investing ever written.\"\"  (Source)  I would suggest that endorsement ranks it before the other.  :) Security Analysis is more detailed and, perhaps, oriented at a more professional audience \u2013 though individual investors would certainly benefit from reading it.  Security Analysis is used as a textbook on value investing in some university-level business & finance courses. (p.s. If you haven't yet heard about William Bernstein's The Intelligent Asset Allocator, I also recommend adding it to your reading list.)\""}
{"_id": "12309", "title": "", "text": "Yes, you will need to create an actual account. However, when all is done and you are about to log in, there will be an option on whether you want to log in as a live trader or a paper trader. Select the paper trading option and log in and get rich off fake money."}
{"_id": "12316", "title": "", "text": "Considering it's all to risky for me, outside of a blind 401k, just having money to try it with is a bigger risk than I'm willing to take.  I see this complaint a lot and my response is about the same every time, if you know of something better, please share, so next time we can make it more realistic."}
{"_id": "12318", "title": "", "text": "\"&gt; but the other countries are just decline stage.  I think you have a typo. Could you please explain what you mean?  If I understand correctly, you are saying that the US produces \"\"value\"\" and other countries do not. As the US has tended to run a high deficit since the Reagan era (i.e. it increases its debt every year) this seems a contentious statement.\""}
{"_id": "12329", "title": "", "text": "Your mortgage represents a negative cash flow of $X for N months. The typical mortgage prepayment doesn't reduce your next payment, but does reduce the length of the mortgage. If you look at the amortization table of a 30 year loan, you might see a payment of $1000 but only $50 going to principal. So if on day one you send an extra $51 or so to the bank, you find that in 30 years you just saved that $1000 payment. In effect, it was a long term bond or CD, yielding the post tax rate of the mortgage. Say your loan were 7%. At 7%, money doubles every 10 years or so. 30 years is 3 doubles or 8X. If I were to offer you $1000 and ask for $7500 in 30 years, you might accept it, with an agreement to buy me out if you refinanced. For me, that would be an investment. Just like buying a bond. In fact, there is a real return, as you see the cash flow at the end. The payments 'not made' are your payback.  Those who insist it's not an investment are correct in the strict sense of the word's definition, but pedantic for the fact in practice, the prepayment is a choice to be considered alongside other investment choices. When I have a mortgage, I am the mortgagor, the bank, the mortgagee. Same as a company issuing a bond, the Bank holds my bond and I'm making payments to them. They hold my bond as an investment. There is no question of that. In fact, they package these and sell them as CMOs, groups of mortgages. A pre-payment is me buying back the last coupon on my mortgage. I fail to see the distinction between me 'buying back' $10K in future coupons on my own loan or me investing $10K in someone else's loans.  The real question for me is whether this makes sense when rates are so low. At 4%, I'd say it's a matter of prioritizing any high rate debt and any other investments that might yield more. But even so, it's an investment yielding 4%.  Over the years, I've developed the priorities of where to put new money - The priorities are debatable. I have my opinion, and my reasons to back them up. In general, it's a balance between risk and return. In my opinion, there's something wrong with ignoring a dollar for dollar match on the 401(k) in most circumstances. Others seem to prefer being 100% debt free before saving at all. There's a balance that might be different for each individual. As I started, the mortgage is a fixed return, with no chance to just get it back if needed. If your cash savings is pretty high, and the choice is a .001% CD or prepay a 4% mortgage, I'd use some funds to pay it down. But not to the point you have no liquid reserves."}
{"_id": "12331", "title": "", "text": "\"China's chief central banker warned markets are fully valued and therefore susceptible to a drastic price correction -  triggered by a wide-spread, simultaneous reversal of opinion in the markets. Basically the point when the \"\"Greater Fool\"\" phenomenon ends and and selling pressure spikes as everyone starts getting out because they think everyone is. Simplified af but thats the laymen interpration of a minsky moment.\""}
{"_id": "12332", "title": "", "text": "Check out the bulk stores like BJs, Sam's Club or whatever else is available to you.  You can definitely save money shopping there but you also need to keep your wits about you as well.  Example, if you're buying in bulk only to let food go to waste, obviously that's not good either..."}
{"_id": "12347", "title": "", "text": "Free market wages on top of living wage?  UBI doesn't dictate that all forms of payment be stopped, just that the govt provides costs of living in the form of either a weekly check, or as your tax refund with a basic of CoL deducted on top of your work related purchases.  The free market can expand all it wants on top of that, it's just that now everyone has a fallback when the free market contracts as it inevitably will because infinite growth only works if you have infinite resources to fuel infinite growth."}
{"_id": "12350", "title": "", "text": "The real test of AAA's analysis is whether other insurers follow suite. Setting insurance rates is a balancing act between being high enough to make money given the expected payouts, and being low enough to not get undercut by competitors. If other insurers follow AAA's lead, then their analysis is probably right. If other insurers stay low than AAA probably made a mistake. When you price insurance on a given car it's not uncommon to have an outlier that overpriced that car."}
{"_id": "12351", "title": "", "text": "I wrote a detailed article on Tax Loss Harvesting to show the impact on returns.  For my example, I showed a person in the 15% bracket. In years with no loss, they trade to capture gains at 0% long term rate, thus bumping their basis up. In years with losses, they tax harvest for a 15% effective 'rebate' on that loss.  I showed how for the lost decade 2000-2009, a buy and hold would have returned -1% CAGR, but the tax loss harvester would have gained 1% (just 1% for the decade, not CAGR), ending the decade with no loss.  As one's portfolio grows, the math changes. You can only take $3000 capital loss against ordinary income, and my example relies on the difference between taking a gain for free but using a loss to offset income. Note, the higher earner would take gains at 15%, but losses at 25%, but only for the relatively small portfolio. The benefit for them is to use loss harvesting to offset gains, less so for ordinary income.  As the other answer state, Wealthfront can aid you to do this with no math on your part."}
{"_id": "12367", "title": "", "text": "I think the simple answer to your question is: Yes, when you sell, that drives down the price. But it's not like you sell, and THEN the price goes down. The price goes down when you sell. You get the lower price.  Others have discussed the mechanics of this, but I think the relevant point for your question is that when you offer shares for sale, buyers now have more choices of where to buy from. If without you, there were 10 people willing to sell for $100 and 10 people willing to buy for $100, then there will be 10 sales at $100. But if you now offer to sell, there are 11 people selling for $100 and 10 people buying for $100. The buyers have a choice, and for a seller to get them to pick him, he has to drop his price a little. In real life, the market is stable when one of those sellers drops his price enough that an 11th buyer decides that he now wants to buy at the lower price, or until one of the other 10 buyers decides that the price has gone too low and he's no longer interested in selling. If the next day you bought the stock back, you are now returning the market to where it was before you sold. Assuming that everything else in the market was unchanged, you would have to pay the same price to buy the stock back that you got when you sold it. Your net profit would be zero. Actually you'd have a loss because you'd have to pay the broker's commission on both transactions. Of course in real life the chances that everything else in the market is unchanged are very small. So if you're a typical small-fry kind of person like me, someone who might be buying and selling a few hundred or a few thousand dollars worth of a company that is worth hundreds of millions, other factors in the market will totally swamp the effect of your little transaction. So when you went to buy back the next day, you might find that the price had gone down, you can buy your shares back for less than you sold them, and pocket the difference. Or the price might have gone up and you take a loss."}
{"_id": "12373", "title": "", "text": "\"As someone who's done quit a bit of home improvement and seen positive ROI, I can speak from some personal experience.  All of this assumes you do the unskilled labor yourself and shop around for relatively cheap plumbers, electricians, etc. First, never underestimate the resale value added by a can of paint.  This assumes you have, or know someone with a good sense of style that can help improve the aesthetics of the home significantly.  White walls can be so boring to homebuyers and so many of them can't see through the 1/16 of an inch of white paint. Second, look for shortcomings in the house as-is. Anyway, these are some common upgrades.  The big thing is to find something you are reasonably comfortable doing yourself and that you will enjoy.  Realize that if you're new to this most projects will cost twice what you budget and take four times as long!  The pride of having done it yourself and put in the sweat equity makes it worth it though (usually). Edit To better answer your modified question, I'm adding to my answer.  So if I understand it, your question is now \"\"At what rate is it sane to invest in our house vs. outside investments\"\".  This is really just a matter of balancing risk vs. lifestyle.  With most upgrades there is no financial benefit to investing in upgrading your home now vs. 5 years from now right before you sell.  You could be making 10% in mutual funds until then and then invest in the upgrades right before you sell.  There is obviously a physical limit to how fast you can do these improvements yourself, but front-loading this now at the beginning of your timeframe as opposed to the end is not an investment decision, it is a lifestyle decision.  Not saying \"\"Don't do it\"\", but don't rationalize it to yourself as \"\"we're saving money by doing this now.\"\"  Maybe use the rationalization \"\"We want to enjoy these upgrades and not just add them before we move out.\"\" One exception to that - I'd plant any trees now and make sure they have a good water supply.  Good trees take a while to grow, and doing that sooner rather than later will help.\""}
{"_id": "12378", "title": "", "text": "Firstly, the banks are far less risky than the people they lend to. Most of the interest banks charge borrowers covers defaults, but banks rarely default to the fed, especially those able to borrow from the Fed.  Secondly, most banks borrowing is in the form of overnight loans to cover short term reserve fluctuations; they are not borrowing dollars to lend to you.  Thirdly, if govt does it's job of keeping some competition in the banking sector, then the rates offered you and me should be near the actual cost to service such loans, so are the true value of those loans. Since there are a significant number of banks that I can borrow from with a multitude of options in how to borrow, there is likely still decent competition for my business.  Finally, the Fed funds rate is not currently 0%, so the banks are not getting interest free money."}
{"_id": "12382", "title": "", "text": "I am a (small time!) Zopa user in the UK and have been for over a year. The rates that loans are accepted at on Zopa seem to me to be 0.5-1% higher than the best deals in the commercial market. The rates did used to be up at 8% even for A* short term, but now that bracket is getting about 5.5%. That's just talking about the rate offered to borrowers. My own return will be lower as there is a fee levied from Zopa (naturally) and there is the risk of default. In 13 months on the site with ~20 borrowers and ~200 payments I have not had any defaults. The total interest returned for 13 months on a staggered investment of \u00a3150 with all repayments re-loaned out has been \u00a39.33. So maybe 5.7% return? I expect that to go down a bit as I'm now loaning out at lower rates. Bear in mind also that interest from P2P lending is taxable income."}
{"_id": "12391", "title": "", "text": "\"Accept that the money's gone.  It could, as others have mentioned, been a lot more. Learn. Make sure your son (and you!) have learned the lesson (at least try to get something out of the $650).  The world isn't always a nice place unfortunately.  Don't wire money to strangers - use an escrow service or paypal or similar.  As the saying goes: \"\"Fool me once, shame on you. Fool me twice, shame on me\"\". Report it to the authorities. Does have the advantage of the domestic rather than foreign bank account used.  The scammer might have closed it by now, but there should be some paper tail.  I imagine the id required for opening a bank account in the US is as strict as it is most places these days.  They may have used fake Id, but that's not your problem. Assuming contact was made over the internet, bearing in mind IANAL (or American), this could be a crime of Wire Fraud, in which case I believe it's a case for the FBI rather than your local police.  The phone calls your son is still receiving could also be construed as attempted extortion and if across state lines could also come under federal jurisdiction. The FBI have a better chance of catching such a scammer, generally having more chance of knowing one end of a computer from the other compared to a local beat cop.  If other victims have also contacted the authorities, it will probably be taken more seriously. Give as much information as you can.  Not just the bank account details, but all communication, exact time of phone calls, etc. The cops may say there's nothing they can do as it's a civil matter (breach of contract) rather than a criminal one. In which case you have the (probably expensive) option of going the civil route as described by Harper above. Inform Others. Assuming initial contact with the scammer was made through a website or forum or similar.  I imagine this must be a niche area for hand made toys.  Post your experience to warn other potential victims.  Inform the site owner - they may ban the scammers account where applicable. Stop the calls. Block the number.  If the number's being withheld, contact the provider - they should have a policy regarding harassment and be able to block it their end.  If the calls keep coming, your son will need to change his number. Don\u2019t let it get to you. You may have warm cosy fantasies of removing the guys kneecaps with a 2x4.  Don't however dwell on the b*stard for too long and let it get under your skin.  You will have to let it go.\""}
{"_id": "12414", "title": "", "text": "Basic business concept here.   Sales =/= money for you.  You need to take into account the cost to continually produce this stuff.   Don't forget the fact that prices will fall in the future as more firms enter the market."}
{"_id": "12417", "title": "", "text": "Correct me if I am wrong (and I know you will), but in an economy where most consumers have more debt than savings, I fail to see how moderate inflation is a bad thing. Higher wages negate higher prices, and lower debt burdens free consumer demand.   Why are there always people in freak out mode if it looks like inflation may occur even slightly?"}
{"_id": "12418", "title": "", "text": "\"Having read Rich Dad, Poor Dad, I absolutely despise Kiyosaki and everything he represents. He's all about \"\"passive income\"\", turnkey operations. That is, not actually working for your money. Gee, what an honourable strategy. How about actually doing something of value to earn a living?\""}
{"_id": "12432", "title": "", "text": "\"The blue line is illustrating the net profit or loss the investor will realise according to how the price of the underlying asset settles at expiry. The x-axis represents the underlying asset price.  The y-axis represents the profit or loss. In the first case, the investor has a \"\"naked put write\"\" position, having sold a put option.  The strike price of the put is marked as \"\"A\"\" on the x-axis.  The maximum profit possible is equal to the total premium received when the option contract was sold.  This is represented by that portion of the blue line that is horizontal and extending from the point above that point marked \"\"A\"\" on the x-axis.  This corresponds to the case that the price of the underlying asset settles at or above the strike price on the day of expiry.  If the underlying asset settles at a price less than the strike price on the day of expiry, then the option with be \"\"in the money\"\".  Therefore the net settlement value will move from a profit to a loss, depending on how far in the money the option is upon expiry.  This is represented by the diagonal line moving from above the \"\"A\"\" point on the x-axis and moving from a profit to a loss on the y-axis.  The diagonal line crosses the x-axis at the point where the underlying asset price is equal to \"\"A\"\" minus the original premium rate at which the option was written - i.e., net profit = zero.  In the second case, the investor has sold a put option with a strike price of \"\"B\"\" and purchase a put option with a strike price \"\"A\"\", where A is less than B.  Here, the reasoning is similar to the first example, however since a put option has been purchase this will limit the potential losses should the underlying asset move down strongly in value. The horizontal line above the x-axis marks the maximum profit while the horizontal line below the x-axis marks the maximum loss. Note that the horizontal line above the x-axis is closer to the x-axis that is the horizontal line below the x-axis.  This is because the maximum profit is equal to the premium received for selling the put option minus the premium payed for buying the put option at a lower strike price.  Losses are limited since any loss in excess of the strike price \"\"A\"\" plus the premium payed for the put purchased at a strike price of \"\"A\"\" is covered by the profit made on the purchased put option at a strike price of \"\"A\"\".\""}
{"_id": "12435", "title": "", "text": "Just like with IRS refunds issued in errors, after 3 years it's legally yours, they can't go after you anymore. So savings account until then or just mail them a check if that is what your conscious is saying."}
{"_id": "12451", "title": "", "text": "(Haven't read the article but...) yeah, I pay retail at B&amp;N if I can, order online from them (but they're slow, and suck!) otherwise, and I'm lucky enough to have one independent bookstore nearby, which I use, too, to do my bit to keep live bookstores going. Nothing like browsing. Amazon should dial back (hah!).   edit, on dissing BN's speed - whoops:  &gt;  It found that some employees risked stroke and heat exhaustion while running themselves ragged trying to fulfill quotas that resemble the onerous conditions so indelibly satirized by Charlie Chaplin in Modern Times. Ambulances were routinely stationed in the facility\u2019s giant parking lot to rush stricken workers to nearby hospitals."}
{"_id": "12472", "title": "", "text": "Oh, come off it. It's meat and bread, it isn't literally flavorless. You were just drunk or whatever and couldn't taste for shit.   Mcdonalds isn't the best burger in town, it may even be the worst, but it's still a burger, and it still adheres to the laws of taste."}
{"_id": "12481", "title": "", "text": "\"After the passage of the Emergency Economic Stabilization Act of 2008 and the implementation of the Troubled Asset Relief Program, the creation of an entirely new Office of Financial Stability in the treasury, the Term Asset-Backed Securities Loan Facility, the Public-Private Investment Program and the Legacy Loans and Legacy Securities Program, the Supervisory Capital Assessment Program, and the Housing and Economic Recovery Act of 2008,  I find it remarkable that anyone can seriously think that the US government is not signalling, if not actually doing, *everything* it can short of nationalization to not allow a systemically important bank to collapse.  This is to say nothing about the coining of an entirely new institution, the \"\"Too Big To Fail\"\" bank or \"\"Systemically Important Financial Institution\"\" (SIFI).  BTW and FYI, [here](http://www.scribd.com/doc/10940608/0116TARP) is the CBO:  &gt;This is the first of CBO\u2019s statutory reports on the TARP\u2019s transactions. Through December 31, 2008, those transactions totaled $247 billion. [...][The] CBO estimates that the **subsidy cost** of those transactions (broadly speaking, the difference between what the Treasury paid for the investments or lent to the firms and the market value of those transactions) amounts to **$64 billion**.\""}
{"_id": "12488", "title": "", "text": "easier access to your money That can be a disadvantage for some people. Based on the number of people who tap their 401K for non-retirement reasons, or just cash it in when they change jobs; making it painful to use before retirement age does keep some people from spending it too early. They need to be able to compartmentalize the funds in order to understand the difference between funds spending, saving and investing for retirement. Roth 401K One advantage that the 401K may have is  that you can in many plans invest the funds in a Roth 401K. This allows you to go beyond the Roth IRA limits. You are currently investing the maximum amount in your Roth IRA, so this could be a big advantage."}
{"_id": "12542", "title": "", "text": "Short selling can be a good strategy to hedge, but you have almost unlimited downside.  If a stock price skyrockets, you may be forced to cover your short by the brokerage before you want to or put up more capital. A smarter strategy to hedge, that limits your potential downside is to buy puts if you think the market is going down.  Your downside is limited to the total amount that you purchased the put for and no more. Another way to hedge is to SELL calls that are covered because you own the shares the calls refer to.  You might do this if you thought your stock was going to go down but you didn't want to sell your shares right now.  That way the only downside if the price goes up is you give up your shares at a predetermined price and you miss out on the upside, but your downside is now diminished by the premium you were paid for the option. (You'd still lose money if the shares went down since you still own them, but you got paid the option premium so that helps offset that)."}
{"_id": "12555", "title": "", "text": "Every business owner must pay close attention when planning their shop front as this is the first thing that potential customers see. Based on their first impression, they will decide whether they\u2019ll check out what you sell or simply ignore your shop all together."}
{"_id": "12560", "title": "", "text": "Fiduciary They are obligated by the rules of the exchanges they are listed with. Furthermore, there is a strong chance that people running the company also have stock, so it personally benefits them to create higher prices. Finally, maybe they don't care about the prices directly, but by being a good company with a good product or service, they are desirable and that is expressed as a higher stock price.  Not every action is because it will raise the stock price, but because it is good for business which happens to make the stock more valuable."}
{"_id": "12590", "title": "", "text": "\"First thing I'd say is don't start with investing. The foundation of solid finances is cash flow. Making more than you spend, reliably; knowing where your money goes; having a system that works for you to make sure you make more than you spend. Until you have that, your focus may as well be on getting there, because you can't fix much else about your finances until you fix this. A number you want to know is your percentage of income saved, and a good goal for that is about 15%, with 10-12% going to retirement savings and the rest to shorter-term goals and emergency fund and so forth. (Of course the right percentage here depends on your goals and situation, but for most people this is a kind of minimum savings rate to be in good shape.) Focus on your savings rate. This is your profitability, if you view yourself as a business. If it's crappy or negative, your finances will be a mess. Two ways to improve it are to spend less or to improve your earnings power. Doing both is even better. The book Your Money or Your Life by Dominguez and Robin is good for showing how to obsessively focus on cash flow, even though you may not share their zeal for early retirement. A simpler exercise than what they recommend: take 3 months of your checking and credit card statements, go through each expenditure and put them in a spreadsheet column, SUM() that column. Then add up 3 months of after-tax paychecks. Divide both numbers by three and compare. (The 3 months is to average out your spending, which probably varies a lot by month.) After positive cash flow and savings rate, the next thing I'd go through is insurance. Risk management for what you have. This can include checking you have all the important insurance coverages (homeowner's/renter's, auto, potentially umbrella, term life, disability, and of course health insurance, are some highlights); and also adjusting all your policies to be most cost-effective, which usually means raising the deductible if you have a good emergency fund. Often you can raise the deductible on policies you have, and use the savings to add more catastrophe coverage (such as term life if you didn't have it, or boosting the liability protection on your homeowner's, or whatever). Remember, cover catastrophes as cheaply and comprehensively as possible, but don't worry about reimbursement for non-catastrophic expenses. I like this book, Smart and Simple Financial Strategies for Busy People by Jane Bryant Quinn, because it covers all the main personal finance topics, not just investing; and because it is smart and simple. All the main stuff to think about is in the one book and the advice is solid and uncomplicated. Investing can truly be dead easy; most people would be fine with this advice: Honestly, I do micro-optimize and undermine my investing, and I'm guessing most people on this forum do. But it's not something I could defend objectively as a good use of time. It probably is necessary to do some reading to feel financially literate and confident in an investment plan, but the reading isn't really because a good plan is complicated, it's more to understand all the complicated things that you don't need to do, since that's how you'll know not to do them. ;-) Especially when salespeople and publications and TV are telling you over and over and over that you need to know a bunch of crap and do a bunch of things. People who have a profitable \"\"business of me\"\" are the ones who end up with a lot of money. Not people who spend a lot of time screwing with investments. (People who get rich investing invest professionally - as their \"\"business of me\"\" - they don't goof around with their 401k after work.) Financial security is all about your savings rate, i.e. your personal profitability. No shortcuts, other than lotteries and rich uncles.\""}
{"_id": "12613", "title": "", "text": "Yes it is.  I work in pharmaceuticals. The company I work for right now doesn't deal with drugs directly because it is a contractor and the main expenses are wages, rent and IT infrastructure..much like a lot of other companies.  But the previous place I work for does contract manufacturing. How these guys stay in business is unreal. The cost of building a ~1000 sq ft clean room can easily be over 6 million, on top of the land and building that it is on. Then operating the room is in the thousands a day. So whenever the room is not being used, the clean room it's bleeding hundreds of dollars an hour.  On top of that, the fridges and freezers that is used to store specimens are insanely expensive. A regular fridge to store stuff at 2-8\u00b0C is upwards of $5k. Then you need to pay contractors to get it monitored 24/7.  Oh shipping the specimens to other labs? Each shipment costs at a minimum of $150. FedEx gets very little of it. The boxes it is shipped in and the temperature monitoring costs a ton.  That's not all. The lab(s) are also expensive to run.  All that is for a small pharmaceutical company...doing PRE-clinical stuff. If you up that scale, and hire better qualified/experience people, the costs goes up exponentially.  1 gallon of water that I used to use costs $50 or something (including the corporate discount that we got). It is insanely expensive to run a pharmaceutical company."}
{"_id": "12614", "title": "", "text": "Defined Benefit - the benefit you receive when you retire is defined e.g. $500 a month if you retire at age 65. It is up to the plan administrators to manage the pension fund, and ensure that there is enough money to cover the benefits based on the life expectancy of the retiree. Defined Contribution - the amount you contribute to the plan is defined. The benefit you receive at retirement depends on how well the investments do over the years."}
{"_id": "12623", "title": "", "text": "I would say your decision making is reasonable.  You are in the middle of Brexit and nobody knows what that means.  Civil society in the United States is very strained at the moment.  The one seeming source of stability in Europe, Germany, may end up with a very weakened government.  The only country that is probably stable is China and it has weak protections for foreign investors. Law precedes economics, even though economics often ends up dictating the law in the long run. The only thing that may come to mind is doing two things differently.  The first is mentally dropping the long-term versus short-term dichotomy and instead think in terms of the types of risks an investment is exposed to, such as currency risk, political risk, liquidity risk and so forth.  Maturity risk is just one type of risk. The second is to consider taking some types of risks that are hedged either by put contracts to limit the downside loss, or consider buying longer-dated call contracts using a small percentage of your money.  If the underlying price falls, then the call contracts will be a total loss, but if the price increases then you will receive most of the increase (minus the premium). If you are uncomfortable purchasing individual assets directly, then I would say you are probably doing everything that you reasonably can do."}
{"_id": "12652", "title": "", "text": "As an employee of one of these firms, us auditors are the bread and butter while consulting work is sexy and just the flavor of the week.  And now that my personal rant is over, I definitely agree with the point of the article. But you must understand that any Channel 1 audit client will not be allowed to receive any consulting from the same firm. In fact, often times when fraud happens one of the Big 4 will hire another firm to investigate, just look at what's unfolding with MF Global."}
{"_id": "12655", "title": "", "text": "\"A very interesting topic, as I am moving to the US in a month. I realise this thread is old but its been helpful to me.  My observations from my home country  \"\"Before we judge anyone who doesn't use direct deposit or who prefers to be paid in cold hard cash, consider that direct deposit is a luxury of stability. Steady job, home, etc. Direct deposit doesn't make sense for a contractor or day labourer who expect to work for a different person each day or week\"\"  --- well here a contractor would still be paid by a direct deposit, even if he was working for many different people. On the invoice the contractor provides Bank account details, and customer logs onto their internet banking and pays electronically. It is a a very simple process and is the preferred method of payment by most businesses even small contractors. Many accounting software programs are linked to bank accounts and can quickly reconcile accounts for small business. Many businesses will not accept a cheque in Australia anymore as they are considered to be a higher risk.  I started work in 1994 and have never received any payment except via direct deposit.\""}
{"_id": "12660", "title": "", "text": "\"Note that this particular cop has some kind of specialisation (\"\"special-ops\"\") that would put him into a higher pay-grade, probably rising with experience in that field. Then he was promoted to sergeant and took on more responsibility. Again, he might well have had subsequent pay rises because of his years of experience as a sergeant.   Personally, I want well-paid public servants, who will do a good job. I want a guy who has spent 20 years in such a blue-collar job to be able to earn as much as a computer programmer who only graduated a couple of years ago.\""}
{"_id": "12681", "title": "", "text": "Anytime someone mentions a specific year something will happen on economics they lose credibility in my book. That said, it does look like government has run itself off a financial cliff. Its like Looney Tunes, once we look down we will fall"}
{"_id": "12693", "title": "", "text": "Aside from the fact that fast food is a main culprit of the obesity epidemic that is literally crippling the United States populace,  &gt;A better-ranked restaurant stock from the same space is Dave &amp; Buster\u2019s Entertainment, Inc. (PLAY - Free Report) that has surpassed estimates in each of the trailing four quarters, delivering an average positive surprise of 30.5%."}
{"_id": "12712", "title": "", "text": "\"John Robbins is an idiot. Hamed Hoshyarsar has no idea what he's doing.  &gt;\"\"Hey, I'm going to throw money I can't afford to lose into something I know nothing about.\"\"  Someone needs to take their money before they hurt themselves with it.\""}
{"_id": "12729", "title": "", "text": "No, you can't claim personal expenses as business expenses. What is the alternative to paying someone to do your chores? Letting the chores go undone.  How does it affect your business if your household chores go undone? It doesn't; it only affects your personal life--that's why they are personal expenses."}
{"_id": "12740", "title": "", "text": "Technically, the difference between dividends and growth ought to be that dividends can be reinvested in stocks other than the one that paid them, which is a definite advantage if you actually have a strategy.  Dividend -paying stocks used to be preferred for exactly that reason, back in the days when fewer people were directly playing in the market and more knew what they were doing. Unfortunately,  getting a periodic dividend from a stock whose price is relatively steady isn't as exciting a game as watching your stock's value bounce around and (hopefully)  creep upward on a second-by-second basis. Those who are thinking in gambling terms rather than investment terms -- or who think they can beat the pros at high frequency trading, comment withheld -- want the latter, and have been putting a lot of pressure on companies to operate in the latter mode. That doesn't make it better -- certainly not for the longer-term investors -- just more fashionable. And fashion often means getting stuck with something impractical because everyone else is doing it. On this, I second Scrooge:  Humbug!"}
{"_id": "12746", "title": "", "text": "Among the other fine answers, you might also consider that owning a vehicle outright will free you from the requirement to carry insurance on the vehicle (you must still carry insurance on yourself in most states)."}
{"_id": "12749", "title": "", "text": "Is he? Specifically relating to his comment on tech / programming firms; good ones hire you for your problem solving abilities, your networking skills, or so-forth. They don't want to hire a tool for one specific problem if they can hire one that fits many.   This mentality fits many other trades. Why hire a tradesman for your company who has 5 - 10 years of experience of roofing and only roofing, when you can hire one with 3 years experience of roofing, plus 6 years in various other areas? What happens when you don't have a roofing job for 2 months, and the specialist roofer needs training or instruction?  This isn't distilling personality and reward out of the workforce, it's gathering assets that are useful in an ever-changing environment."}
{"_id": "12757", "title": "", "text": "\"Absolutely no conditions.  The central bank just uses the money as if it were real money, which is technically becomes.  They just simply buy financial products.  It's as if I had a printing press in my basement.  I would just print the cash, then walk into a store and buy some products.  Anyone with half a brain can obviously see that this is not a solution, but a temporary band-aid with devastating consequences.  I believe there are three types of people involved here.  People who don't understand what's going on (most people), people who understand it and are OK with the obvious fraud, inflation, and wealth re-distribution which benefits the 1%, or people who are against it and actively seek to abolish central banks.  We're the ones the media calls \"\"crazy\"\".  You'd be surprised at how many people understand it and still advocate it.  If you'd like to read a book about this topic and the other horrible practices of today's major central banks, read \"\"[End the Fed](http://www.amazon.com/End-Fed-Ron-Paul/dp/0446549193)\"\" by Ron Paul.\""}
{"_id": "12779", "title": "", "text": "Depending on the structure of you're portfolio, it could be that your portfolio is delta neutral to take advantage of diminishing time value on options, short straddles/strangles would be an example."}
{"_id": "12781", "title": "", "text": "\"The most important thing to look at is the FDIC insurance. Savings accounts are covered. Money markets - not necessarily. Online savings accounts provide rates of ~1%. Look at American Express, Ally, Capitol One, ING Direct, E*Trade, etc. The \"\"pledge\"\" basically brings EverBank into the same list, as they all have similar rates. Being top 5% of competitive accounts is not that hard, because there are thousands of banks around, you know. 0.76 is not the highest rate available. American Express currently give 1% on their savings account. Re moving the money a lot - depends on the amounts, but when the rates were higher, I moved around a lot. Now, it just doesn't worth the trouble, although I would move for 0.25%.\""}
{"_id": "12782", "title": "", "text": "Your question may have another clue. You are bullish regarding the real estate market. Is that for your city, your state, your nation or for the whole world?  Unless you can identify particular properties or neighborhoods that are expected to be better than the average return for your expected bull market in real estate, you will be taking a huge risk. It would be the same as believing that stocks are about to enter a bull market, but then wanting to put 50% of your wealth on one stock. The YTD for the DOW is ~+7%, yet 13 of the 30 have not reached the average increase including 4 that are down more than 7%. Being bullish about the real estate segment still gives you plenty of opportunities to invest. You can invest directly in the REIT or you can invest in the companies that will grow because of the bullish conditions.  If your opinion changes in a few years it is hard to short a single property."}
{"_id": "12787", "title": "", "text": "There is no law requiring someone to return a refused check. You need to clarify whether this payment is to establish a retainer, or to pay for services rendered. Either way you should stop payment on the check and send them a certified letter explaining that you are stopping payment on the check because they refused it. If the payment is to establish a retainer, then the issue is simple: the lawyer requires $10,000 as a retainer before you can engage them and until then you have no relationship with them. If that is the amount they want, then less than that is not accepted. If the payment is for services rendered already and you owe them money, then it is a completely different situation. Refusing partial payment means they are getting ready to sue you. In a collection suit, the larger the amount is, the better. Normally, someone owed money will only refuse a partial payment if they anticipate having to sue the debtor and they want to maximize their leverage in case of a court judgement in their favor. A creditor has the right to refuse a partial payment."}
{"_id": "12809", "title": "", "text": "I guess 15 years of practicing law, successfully I might add, in the realm of torts (including dozens upon dozens of negligence actions a year, just about all of which were covered by insurance) has been a mirage.  Thank you dtank88 for setting me straight.  Goodbye."}
{"_id": "12819", "title": "", "text": "\"Attitudes like what? Is it suddenly a bad idea to recognize when things are challenging? I don't think it says anywhere in that article that these people are fat by no fault of their own. I agree that the tone of the article has a sort of resignation to it... but there's nothing explicit in there that says \"\"they have no choice but to be fat\"\"\""}
{"_id": "12822", "title": "", "text": "avoid corporation tax There aren't many avenues to save on corporation tax legally. The best option you can try is paying into a generous pension for yourself, which will save some corporation tax. Buying a house You can claim deduction for the mortgage payments, but profits on selling the house will require paying capital gains tax on the profit. You can rent it out, this will be decided between your mortgage provider and your company, but the rent will go towards as income.  Buying a car Not worth it. You will have to pay Class 1A NI contribution for benefits in kind. Any sane accountant will ask you to buy the car yourself and expense the mileage. Any income generated from the cash you have is taxable. Even the interest being paid on your money is taxable."}
{"_id": "12865", "title": "", "text": "\"Nestle owns more than 8000 brands worldwide. Remember that \"\"chinese\"\" Melanene in baby formula scandal? What you didn't hear is that was a Nestle company. If you want to avoid Nestle water you need to avoid Perrigrino, Nestea, Perrier, Poland Springs and Vittel. There are basically 10 companies that control the worlds packaged food supply.\""}
{"_id": "12870", "title": "", "text": "Wine is often invested, as is whisky and some other spirits And fortified wines that have particular vintages, such as port. You need to be particular about which ones to invest in though.  Top vintages of wine and port can rocket in value, to make the big profits you need to buy the new vintage before everyone realises it is going to be a top year and sell it some years later when it is approaching its peak. This is obviously quite tricky to do.  It is fairly common to buy a share in a particular batch of whisky (proper Scottish single malt), then after 12-18 years when it is matured you can take your share in bottles or cash."}
{"_id": "12879", "title": "", "text": "\"You can see how much of a percentage the S&amp;P 500 is of the GDP over the past 10 years in this handy graph:  https://fred.stlouisfed.org/graph/?g=oCZ  When the stock market was doing poorly (2009) it was only 0.06% of GDP. When it's doing well (now) it's 0.12% of the GDP.  It's also not useful to directly compare percentages like you're doing. Just because one averages 6% growth and one averages 3% growth, that doesn't mean that the 6% one will take over. It doesn't take much of a correction to wipe out decades of S&amp;P vs GDP growth.  You might also be interested in knowing that this ratio is similar to the \"\"Buffet Indicator\"\", how Warren Buffet decides if stocks are overvalued as a whole:  https://www.advisorperspectives.com/dshort/updates/2017/04/04/market-cap-to-gdp-an-updated-look-at-the-buffett-valuation-indicator\""}
{"_id": "12885", "title": "", "text": "If you bought 5 shares @ $20 each that would cost you $100 plus brokerage. Even if your brokerage was only $10 in and out, your shares would have to go up 20% just for you to break even. You don't make a profit until you sell, so just for you to break even your shares need to go up to $24 per share. Because your share holding would be so small the brokerage, even the cheapest around, would end up being a large percentage cost of any overall profits. If instead you had bought 500 shares at $20, being $1000, the $20 brokerage (in and out) only represents 2% instead of 20%. This is called economies of scale."}
{"_id": "12895", "title": "", "text": "&gt; A huge corporation would have had an arbitration clause so that there couldn't be a class action.  Depends on where the class action is pressed. Many states have statutes that prevent arbitration agreements from being binding. CA for example."}
{"_id": "12899", "title": "", "text": "Full disclosure: I\u2019m an intern for EquityZen, so I\u2019m familiar with this space but can speak with the most accuracy about EquityZen. Observations about other players in the space are my own. The employee liquidity landscape is evolving. EquityZen and Equidate help shareholders (employees, ex-employees, etc.) in private companies get liquidity for shares they already own. ESOFund and 137 Ventures help with option financing, and provide loans (and exotic structures on loans) to cover costs of exercising options and any associated tax hit. EquityZen is a private company marketplace that led the second wave of VC-backed secondary markets starting early 2013. The mission is to help achieve liquidity for employees and other private company shareholder, but in a company-approved way. EquityZen transacts with share transfers and also a proprietary derivative structure which transfers economics of a company's shares without changing voting and information rights. This structure typically makes the transfer process cheaper and faster as less paperwork is involved. Accredited investors find the process appealing because they get access to companies they usually cannot with small check sizes. To address the questions in Dzt's post: 1). EquityZen doesn't take a 'loan shark' approach meaning they don't front shareholders money so that they can purchase their stock. With EquityZen, you\u2019re either selling your shares or selling all the economic risk\u2014upside and downside\u2014in exchange for today\u2019s value. 2). EquityZen only allows company approved deals on the platform. As a result, companies are more friendly towards the process and they tend to allow these deals to take place. Non-company approved deals pose risks for buyers and sellers and are ultimately unsustainable. As a buyer, without company blessing, you\u2019re taking on significant counterparty risk from the seller (will they make good on their promise to deliver shares in the future?) or the risk that the transfer is impermissible under relevant restrictions and your purchase is invalid. As a seller, you\u2019re running the risk of violating your equity agreements, which can have severe penalties, like forfeiture of your stock. Your shares are also much less marketable when you\u2019re looking to transact without the company\u2019s knowledge or approval. 3). Terms don't change depending an a shareholder's situation. EquityZen is a professional company and values all of the shareholders that use the platform. It\u2019s a marketplace so the market sets the price. In other situations, you may be at the mercy of just one large buyer. This can happen when you\u2019re facing a big tax bill on exercise but don\u2019t have the cash (because you have the stock). 4). EquityZen doesn't offer loans so this is a non issue. 5). Not EquityZen! EquityZen creates a clean break from the economics. It\u2019s not uncommon for the loan structures to use an interest component as well as some other complications, like upside participation and and also a liquidation preference. EquityZen strives for a simple structure where you\u2019re not on the hook for the downside and you\u2019ve transferred all the upside as well."}
{"_id": "12906", "title": "", "text": "\"If you are a resident of New Zealand for tax purposes, you will be taxed in New Zealand on all of your \"\"worldwide income\"\". This is income derived from New Zealand as well as income derived from all other countries Source: http://www.ird.govt.nz/international/nzwithos/income/overseas-income-index.html Another link that will be of use is this: https://www.ato.gov.au/individuals/international-tax-for-individuals/work-out-your-tax-residency/ This is Australia's rules on if you qualify as a resident for tax purposes.  I am not an accountant or a lawyer but my reading of this is you actually have to reside in Australia to be considered a resident - whether or not you have a bank account there doesn't appear to play into it. Additionally, Australia and NZ have a \"\"double taxation agreement\"\", explained here: http://www.ird.govt.nz/yoursituation-nonres/double-tax/ So this should prevent you from being taxed in both places.\""}
{"_id": "12917", "title": "", "text": "\"That's the way the markets work in THEORY. In actual fact, markets are subject to \"\"real world\"\" pressures. That is, there are so many things going on in the market that the end of the \"\"Lined In\"\" lock up is just one of many. To produce the result you describe, traders would have to hold cash in reserve for this so-called \"\"contingency\"\" to buy at the end of the lock-up. In most cases, they wouldn't want to because of everything else that is going on.  To use a real world analogy, would you want to wait until the last possible moment before going to the bathroom? Or would you go now while you had the chance? That's what the decision about \"\"holding cash in reserve for a contingency\"\" is like.\""}
{"_id": "12924", "title": "", "text": "Is it true you have to file papers with the government in the US to   withdraw large sums of cash at your local bank branch? It's true that a currency transaction report (CTR) gets filed with FinCEN (Financial Crimes Enforcement Network) when you make a cash transaction in excess of $10,000. Banks have systems that do this automatically, so you don't have to really do anything other than provide some tax info if not already on file with the bank. The teller can flag your CTR if they think the transaction is suspicious, but there shouldn't be a delay on the withdrawal unless the bank has to make arrangements to have enough cash on hand. Some people don't like the idea of CTR's being filed and therefore make multiple smaller withdrawals, but that can be considered illegal structuring, and can result in confiscated money."}
{"_id": "12926", "title": "", "text": "yeah it sounds good but it includes a flaw that free marketeers wish was true but isnt. That this wouldnt have happened had they been allowed to fail. It is anthropomorphising corps. When mega businesses fail,it's not like the ceo, executives and traders have to open up their wallets. Look at what happen with leaman or bears, everyone who was working in those banks now work for the other banks, still making the big bucks.    a shit ton of smaller banks were allowed to fail, why wasnt their behavior tempered by knowing they wouldnt have been bailed out?  we should have bailed them out, all of our retirements where tied up in this bullshit and most of us didnt have shit to do with anything. But the problem is we should have owned them afterwards like we did the S&amp;ls, we should have unseat the boards and wiped out shareholder value and restructured the banks back into healthy entities and resell back on the open market. It still wouldnt change anything, just like laws dont stop car thieves. But it would have been the right thing to do."}
{"_id": "12940", "title": "", "text": "This is a frequent problem for anyone with a large amount of deductions, whether it is student loan interest, home mortgage interest, charitable contributions, or anything else.  As an employee getting your tax withheld from your check, your options to reduce the amount withheld are limited. The HR department has no control over how much they withhold; the amount is calculated using a standard formula based on the number of exemptions you tell them.  The number of exemptions you claim on your W-4 form does not have to match reality. If you currently have 1 exemption claimed, ask them what the withholding would be if you claimed 4 exemptions. If that's not enough, go higher. As long as you are not withholding so little that you have a large tax bill at the end of the year, you are fine.  Of course, when you do your taxes, you need to have the correct number of exemptions claimed on your 1040, but this number does not need to match your W-4."}
{"_id": "12957", "title": "", "text": "I'll go ahead and assume the lack of insightful comments in this thread means everyone else is having just as much trouble forming an opinion on this as I. Which one is the bad guy here: Cook (and others) for meeting with Trump, or Zuckerberg, for *not* meeting with Trump? Who the fuck knows."}
{"_id": "12959", "title": "", "text": "Today, if your SEO specialist isn\u2019t providing you with holistic lateral solutions defined below, then you aren\u2019t getting much value. Competing online has taken on a whole different turn and if you aren\u2019t doing what is required you won\u2019t stand a chance to stay in the game for long."}
{"_id": "12961", "title": "", "text": "\"It's also worth thinking about minor \"\"emergencies\"\" when the location of your cash may be more important than the amount. I keep a baggie of change and small bills in my glovebox for meters and tolls. I keep a ten dollar bill in my armband when I go out for a jog or bike. Those little stashes have saved me more than once. Zombie apocalypse money? I just have a couple hundred at home.\""}
{"_id": "12987", "title": "", "text": "Unfortunately, if your taxes are too complicated for the 1040EZ form, then your tax situation is effectively unique and you need to try both options and see for yourself which one is better. If you do your taxes yourself, you may be more likely to do a more thorough job in digging everything up.  You might even find that you can deduct some things that you hadn't thought of before. On the other hand, whenever I've gone to a tax professional, it's always been pretty much an all-or-nothing proposal.  You sit down with them and hand them your records, they ask a couple simple questions, and they either give you your completed tax return on-the-spot or they have you come back in a week for a brief review of the final numbers.  If they don't prepare your return on-the-spot, you can usually send additional items later on if you think of something that you forgot the first time around, but for the most part it's still a one-time shot. That said, I'm beginning to think the difference in monetary cost of completing even a mildly complex tax return is going to be insignificant, and the main factors to consider are the value of your own time and how much of the tax code you want to learn (because, in my experience, the software always refers to additional IRS forms or codes that are not automated in the software).  In theory, your tax return should be the same regardless of whether you have a tax professional do your taxes or, if you do them yourself, which software you use.  Given the same inputs, you should get about the same outputs.  Even though that theory doesn't always hold exactly true, all the options should get you in the same ballpark--close enough that it doesn't make much difference in the grand scheme of things, unless your tax return is done incorrectly (e.g., you choose the wrong filing status or forget to take a major deduction). Suppose you're married and you or your spouse is a partner in an LLC.  Maybe a tax professional wants to charge you $500 for your tax return (this will vary based on your circumstances).  You could alternatively buy the tax software for $40-$300 and spend 20+ hours navigating through the interviews and reviewing tax codes for the decisions and worksheets that are not automated in the software.  Depending on how much time you personally have to spend on the tax return, one option might be better than the other.  Maybe you have to pay your in-house accounting person to use the tax software, or you have to pay an employee to cover for you while you use the software.  Keep in mind that the tax professional and the tax software are probably deductible, whereas your time may not be.  In the end, even if you save money up front, it might be a wash on the following year's tax return, especially after you consider the uncompensated time that you could have spent with your family, on your business."}
{"_id": "12988", "title": "", "text": "Edit: lazy math The answer to this question depends on two things: How bad will it be if you cannot repay this loan in the way you expected? - How likely are you to actually get into a PhD program with a stipend? Is there a possibility that you will not get a stipend?  What is the penalty for failure to repay?  Will you have to support yourself after university?  How much money could you expect to earn if you found a job after your undergraduate degree? How much could taking this loan improve your finances/life? - Could you get your degree at anther institution without going into debt?  Would your career be better if you went to Ecole Polytechnique? I would take the loan if:"}
{"_id": "12990", "title": "", "text": "Middle class taxes are about as low as they have ever been. They are certaily much lower than most of the industrialized world.  &gt;So proportionally the middle classes end up paying the most tax and gets the least for it.  No, the rich pay the largest percentage of the tax dollars and they pay more per dollar earned than the middle class. You can check this easily from IRS tax statistics. A person paying a million in taxes a year doesn't use the roads 50 times as much as someone paying 20,000 a year either, and most other services scale similarly. So I'd say the middle class actually gets more use out of their tax dollars than the rich."}
{"_id": "13013", "title": "", "text": "There are a number of mutual funds which claim to be 'ethical'. Note that your definition of 'ethical' may not match theirs. This should be made clear in the prospectus of whichever mutual fund you are looking at. You will likely pay for the privilege of investing this way, in higher expenses on the mutual fund. If I may suggest another option, you may want to consider investing in low-fee mutual funds or ETFs and donating some of the profit to offset the moral issues you see."}
{"_id": "13018", "title": "", "text": "I hear this story all the time. Before they were afraid to let someone science on their face. They thought they might get a little science in their eyes, or it might taste too salty. Then one day, they finally let someone science all over their faces, and they loved it!"}
{"_id": "13032", "title": "", "text": "&gt; And just out of curiosity what do you do to unwind?  Run, go to the gym, come on the computer, go out with friends, watch a movie, etc... You don't need a drug to unwind, if you need a drug, see a psychologist.    &gt; You don't drink or use tobacco or anything of the like?  I drink like once a month socially. I have an issue with daily users who complain they can't get a job or don't want to take responsibility for their actions.   &gt; But judging other people for wanting a beer or a cigarette or a joint is no way to go through life  Why not if they cost me and everyone else money and cause tons of other problems. They cost insurance rates to go higher, they cause accidents, they kill people, the smoke drifts in my face, etc...  If they weren't losers and were actually responsible, it would be a different situation. A big difference I see between alcohol and weed is that there are actually restrictions on when, where, and how you can have alcohol."}
{"_id": "13034", "title": "", "text": "Why would I ever choose to open a savings account? This is slightly broad and opinion based. If the interest rates are same and other aspects are same [or same to you ... for example savings account allows say 6 debits per month and you only need 4, then its same].  Unless one compares the specifics one can't decide. A checking account may have fees, at times waived if there is direct deposit set-up. It maybe more easy to get phone banking or other aspects.  Quite a few items were initially possible with only checking account, get a check book, get a debit card [not just ATM card], etc.  These days there are multiple flavours of products that bank is lunching which blur out the lines, hence traditional comparison will not do justice."}
{"_id": "13035", "title": "", "text": "Wow,  First off bravo, never have I seen such blind devotion to a cause outside of religion. Second, Capitalism will only lead to one path, the rich get richer the poor get poorer. There is no other outcome.  If you think that because he is a republican he can just create jobs? No there has not been a good/decent republican president for decades. Unless you are the 1% then, fuck you for only thinking of yourself."}
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{"_id": "13046", "title": "", "text": "In theory, in a perfect world, what you state is almost true. Apart from transaction fees, if you assume that the market is perfectly efficient (ie: public information is immediately reflected in a perfect reflection of future share value, in all share prices when the information becomes available), then in theory any transaction you would choose to take is opposed by a reasonable person who is not taking advantage of you, just moving their position around. This would make any and all transactions completely reasonable from a cost-benefit perspective.  ie: if the future value of all dividends to be paid by Apple [ie: the value of holding a share in Apple] exactly matches Apple's share price of $1,000, then buying a share for $1,000 is an even trade. Selling a share for $1,000 is also an even trade. Now in a perfectly efficient market, which we have assumed, then there is no edge to valuing a company using your own methods. If you take Apple's financial statements / press releases / reported information, and if you apply modern financial theory to evaluate the future dividends from Apple, you should get the same $1,000 share price that the market has already arrived at. So in this example, why wouldn't you just throw darts at a printout of the S&P 500 and invest in whatever it lands on? Because, even if the 'perfectly efficient market' agrees on the true value of something, different investments have different characteristics. As an example, consider a simple comparison of corporate bonds: Corporations make bond offerings to the public, allowing individual investors to effectively lend money to the corporation, for a future benefit. For simplicity, assume a bond with a 'face value' (the amount to be repaid to the investor on maturity) of $1,000 has these 3 defining characteristics: (1) The price [What the investor pays to acquire it]; (2) Interest payments [how much, if any, the corporation will pay to the investor before maturity, and when those payments will be made]; and (3) a bond rating [which is a third party assessment of how risky the bond is, based on the 'health' of the corporation]. Now if the bond rating agency is perfect in its risk assessment, and if the price of all bond's is fair, then why does it matter who you loan your money to? It matters because different people want different things out of their investments. If you are waiting to make a down payment on a house next year, then you don't want risk - you want to be certain that you will get your cash back, even if it means lower returns. So, even though a high-risk bond may be perfectly priced, it should only be bought by someone willing to bear that risk. If you are retired, and you need your bonds to pay you interest regularly as your sole source of income, then of course a zero-coupon bond [one that pays no interest] is not helpful to you. If you are young, and have a long time to invest, then you may want risk, because you have time to overcome losses and you want to get the most return possible. In addition, taxes are not universal between all investors. Some people benefit from things that would be tax-heavy to their neighbors. For example in Canada, there is a 'dividend tax credit' which reduces the taxes owing on dividends received by a corporation. This credit exists to prevent 'double-taxation', because otherwise the corporation would pay its ~30% of tax, and then a wealthy investor would pay another ~45% of tax. Due to the mechanics of how the credit is calculated, however, someone who makes less money, gets an even lower tax bill than they normally would. This means that someone making under the top tax bracket in Canada, has a tax benefit by receiving dividends. This means that while 2 stocks may be both fairly priced, if one pays dividends and the other doesn't [ie: if the other company instead reinvests more heavily in future projects, creating even more value for shareholders down the road], then someone in the bottom tax brackets may want the dividend paying stock more than the other. In conclusion: Picking investments yourself does require some knowledge to prevent yourself from making a 'bad buy'; this is because the market is not perfectly efficient. As well, specific market mechanics make some trades more costly than they should be in theory; consider for example transaction fees and tax mechanics. Finally, even if you assume that all of the above is irrelevant as a theoretical idea, different investors still have different needs. Just because $1,000,000 is the 'fair' price for a factory in your home town, doesn't mean you might as well convert your retirement savings to buy it as your sole asset."}
{"_id": "13071", "title": "", "text": "Agreed that the CEO is lame and only in it for himself in the meantime.  But regardless what Lampert does, he has lost billions on Sears already just over time and his recent actions will just recoup a small fraction of it.  There is no way he's going to make back his investment.  What I don't see how in this economy that most of those locations would be rentable to boutiques that pay more when all it's doing is throwing more retail space onto a market deluged with retail space.  Some locations maybe, but many are old and away from the action in the meantime.  For instance, many of the closed Kmarts, part of Sears, at least five near me are either still empty after 3-5 years or occupied by something that definitely doesn't pay the same rent, like indoor storage units or indoor paintball arenas and whatnot."}
{"_id": "13072", "title": "", "text": "\"Once again, do you have any specific reason why you think bitcoin wont succeed? \"\"you guys\"\" never have any real arguments as for why bitcoin will fail, and if you look at the facts, bitcoins are worth more now than they have ever been. You can believe whatever you want, but the market has spoken\""}
{"_id": "13083", "title": "", "text": "The risk is that everything could go wrong in any phase at any time or they could run out of cash and go bankrupt waiting for results. Then there is the FDA that might take forever in approving their drug, or not approve it at all. Human trials could go horribly wrong. The company may be incompetent in bringing a product to market (after FDA rubberstamping), there might not be a market for their particular METHOD of treatment (is it a pill, or is it a torture device you have to strap yourself into for 5 hours a day). And maybe they are never able to make a profit with all the debt they have taken to stay afloat."}
{"_id": "13118", "title": "", "text": "\"You do realize this pipeline crosses almost every major river in the south east and east coast right?  I'm detecting a lot of hyperbole from you.  As far as DAPL and its \"\"actual value\"\" businesses don't go and build new pipelines for fun. It's expensive and time consuming. There has to be a return on investment.\""}
{"_id": "13129", "title": "", "text": "Hopefully this doesn't come across as me being a jackass (I'm really not trying to be), but...  Is this just your assumption, or do you have a source for that statement? I'm actually interested -- would love to read something more in-depth.   All I could find is [this](http://iphone.appleinsider.com/articles/17/01/20/report-claims-apple-music-pays-more-to-record-labels-in-royalties-per-stream-than-spotify), which actually indicates the opposite is true."}
{"_id": "13139", "title": "", "text": "\"In my experience when a salesperson says a particular deal is only good if you purchase right now, 100% of the time it is not true. Of course I can't guarantee that is universally the case, but if you leave and come back 5 minutes later, or tomorrow, or next week, it's extremely likely that they'll still take your money for the original price. (In fact, sometimes after you leave you get a call with even a lower price than the \"\"excellent offer\"\"...) Most of the time when you are presented with high pressure sales accompanied by a \"\"this price is only good right now\"\" pitch, it ends up being because they don't want you to go search the competition and read reviews. In this case you have already done that and deemed the item to be worthwhile. Perhaps a better tactic for the salesperson would have been to try to convince you that others are interested in the item and if you wait it might be sold to someone else at that excellent price. Sales is an art, and it requires the salesperson to size you up and try to figure out your vulnerability and exploit it. This particular salesperson obviously misjudged you and/or you don't have an easily exploitable vulnerability. I wouldn't let the shortcomings of the salesperson get in the way of your purchase. If you are worried about the scenario of someone else snatching up the item, consider offering a deposit to hold the item for a certain amount of time while you \"\"reflect\"\" and/or \"\"arrange for the funds\"\".\""}
{"_id": "13141", "title": "", "text": "Dan Caplis Attorney Dan Caplis is an excellent and well-respected trial attorney who has practiced law since 1983. He is the founding partner of the Law Offices of Daniel J. Caplis. In the more than 30 years he has practiced law, Dan Caplis has helped his clients seek the maximum compensation for their grievances. In fact, it was a three-week medical malpractice case involving birth injuries to a set of triplets where he served as the lead trial attorney that led Dan Caplis to pursue personal injury law. He wanted to help good people whose lives had been destroyed due to the fault of others."}
{"_id": "13149", "title": "", "text": "The parent company is likely to own other assets, which can be badly performing. Spinoffs are typically the better performers. There are also other factors, for example certain big funds cannot invest in sectors like tobacco or defense and for conglomerates it makes sense to spin those assets off to attract a wider investor audience."}
{"_id": "13153", "title": "", "text": "\"Marketing, namely advertising (Facebook, Google ads, maybe magazines, etc.) Despite all the nice words about \"\"healthy, green, and socially responsible\"\", the business of this company (and many, many similar ones) is not \"\"providing information\"\". It's affiliate marketing - getting people to click through to retail sites and buy stuff, on which the company earns commissions (often they also get paid for registrations). In a very real sense, their product is customers. They sell paying customers to the retail sites, and before that, they basically have to buy \"\"raw customers\"\" through advertising. The times when you could rely on getting enough people to visit your website for free are largely over - there is too much competition for peoples' attention. They can only be profitable if they can get the raw customers cheap enough, and can convert enough of them to paying customers.  And this is really how it's talked about internally, in what is by now a highly organized industry: key performance measures are CPC (how much does it cost to get someone to come to your website), conversion rate (what percentage of visitors register) and ARPU (average revenue per user).\""}
{"_id": "13161", "title": "", "text": "\"It's an interesting opinion piece. There seems to be little evidence that he provides to justify his claim.  His key points were:  \"\"While the president promised Guam's governor that tourism would go up \"\"tenfold\"\" because of media attention from his Twitter tirades about North Korea, the numbers tell a different tale. The war of words cost Guam's tourism industry $9.5 million last month. It appears vacationers would prefer to avoid possibly atomic attractions.\"\"  He has a point, but  a lot of North Korea's rhetoric and launching of missiles have little to do with Trump. North Korea tested missiles before and that usually has an affect on neighboring areas a little. That situation, and indeed the entire North Korean can affect the US, and the world economy. That is a wait and see.    This is his second point:  \"\"This uncertainty creates costs. Consider the costs generated by demonizing the Muslim community alone. Muslim individuals, institutions, and governments control approximately $11.5 trillion in wealth. They continually consider whether to buy or sell American assets. To put it in terms that this administration might understand \u2013 these investors may now balk at buying luxury real estate that they might not be able to visit.\"\"  This is all conjecture and I am sure some tourism is down because of what Trump has said. There might be some Muslim's who wont invest in this. So far there seems to have been little actual affect other than change of plans from Tourists. I don't see any long lasting affects though. Remember North Korea is negatively affecting all of Asia at this point. Furthermore Europe's growing anti Muslim sentiment and increasing number of terrorist attacks is going to dissuade some Muslim investors there as well. They  might have little option other than the US.  Economists have projected decent economic growth. While Trump's rhetoric is not helping, and honestly wish he would stop, I don't believe him talking on twitter is enough for the US to enter a recession.  It would take ending NAFTA or some other major economic disaster. The natural disasters will probably have more of a negative affect than Trump.  There are many factors that play in the US economy in general. The president can play a big part, but it would take a lot for his actions to enter a recession.\""}
{"_id": "13183", "title": "", "text": "Might be good if you want to be a Business analysis. But from everything I have heard about a comp sci major it is almost useless for actually learning stuff  Edit: Seriously. Both of my friends are programmers and go on and on about how everyone who comes out of college with a comp sci major doesn't know shit about programming. They just know concepts. They are useless when it comes to actual work. Im not saying it's the worst thing but take some programming classes or just learning a language would put you light years beyond what a minor could do."}
{"_id": "13186", "title": "", "text": "&gt;Despite sustained job growth and lower levels of employment, most Americans do not think the economy has improved  This is such bullshit and I'm tired of hearing it. The unemployment numbers are fixed. Everyone knows this yet the media loves to pretend it's not the case. It's becoming propaganda at this point."}
{"_id": "13187", "title": "", "text": "As for point c if you believe that it is a requirement for companies to pay above welfare levels then campaign for that to become law.  Companies are required to act in shareholder interests which is what they do.  Your point a is about sales/profitability, unless you believe that employees working happier/better will have no effect on either. Also note that sales/profitability is generally measured as [productivity](http://en.wikipedia.org/wiki/Productivity).  If employees were more productive then Walmart would actually need fewer of them to maintain the same sales/profits. Do you seriously believe Walmart management is so stupid that they haven't worked out how to improve productivity?  It is also worth reading about what it is like to work at Walmart: [one](http://boingboing.net/2009/02/01/life-at-walmart.html) [two](http://jobs.aol.com/articles/2011/01/27/what-its-like-to-work-at-walmart/) [three](http://ask.metafilter.com/62133/Whats-it-like-to-work-at-WalMart)  I agree with you about trickle down economics, but I don't see why Walmart is somehow required to make it work, or any other companies for that matter.  Solve it at the political level."}
{"_id": "13195", "title": "", "text": "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest.  Why would I pay more for something when I have the opportunity to buy them for cheaper? Do you avoid wearing most clothing brands and stick with American Apparel and similar brands because they provide minimum wage jobs in the USA vs. China?"}
{"_id": "13202", "title": "", "text": "Your question is a bit confusing, you may wish to edit it to clarify the meaning. If we broke up or he stops paying, can I take the car back again? No. Just as if you sold me or the guy down the street your car you cannot just simply take it back.  Being someone's boyfriend does not grant special privileges to you or him.   Don't do this if you have not done so.  If you have try and get it undone.   It is unlikely that this is allowable as the bank will not simply allow you to transfer ownership if you have a loan. In the future, use cash (not loans) to buy your cars."}
{"_id": "13209", "title": "", "text": "You're technically 'allowed' to do other investments with your Roth, but you get taken to the cleaners by the financial 'services' community who wants to take a slice.  Non-securities investments from a Roth typically require a 'custodian' or other intermediary to handle your investment, e.g. buying silver coins and paying someone else to hold them. Buy these with cash and hold them yourself, assuming you trust yourself more than some stranger."}
{"_id": "13215", "title": "", "text": "\"No, you do not need an OCI card to continue to have an NRE or NRO account. You are now classified as a PIO -- Person of Indian Origin -- (and you don't need to have a PIO card issued by the Government of India to prove it) and are entitled to use NRE and NRO accounts just as you were when you were a NRI (NonResident Indian).  But, you should inform the banks where you have NRE and NRO accounts that you have changed citizenship, and they may need to go through their KYC (Know Your Customer) process with you all over again.  If you don't get an OCI Card, you will need to have an Indian visa stamped into your new US passport to visit India, and please do remember to send your Indian passport to the nearest Indian Consulate for cancellation. Keep the surrender certificate and cancelled passport in your safe deposit box forever; your grandchildren will need it to get visas to visit India. (My granddaughter just did). If you do get an OCI Card, you will need to have an OCI stamp put into your new US passport, and when you renew your US passport, you will need to get the new one stamped too (and pay the fee for that, of course). You cannot enter India with just an OCI Card and a US passport without the OCI stamp in it; that stamp is vital. If you move from one residential address in the US to another,  you will need to  get a new OCI Card issued because, unlike the US \"\"green card\"\", the OCI card has your residential address on it. Once again, a fee is involved.  All these processes take many weeks because the whole paperwork has to go to the Ministry of External Affairs in New Delhi, and meanwhile, your passport is not available to you for a trip to Europe or Japan or Taiwan or China if you need to go there on business (or for pleasure).\""}
{"_id": "13217", "title": "", "text": "\"In addition to the other answers it's also noteworthy that the stock exchanges themselves adjust the price quotes via their ex-div mechanism.  All limit orders present in the book when the stock goes ex-div will be adjusted by the dividend. Which means you can't even get \"\"accidentally\"\" filled in the very unlikely case that everyone forgot to adjust their quotes.\""}
{"_id": "13220", "title": "", "text": "I don't buy a Blackberry because it's archaic. Same reason I don't buy a Nokia.   Phones are 90% image and 10% functionality for some stupid reason. It's always been that way ever since the first car phones came out. Blackberry definitely fell out of touch with the market. It's all big touch screens, sharper pixels, and inane apps now. I don't think anybody really uses their phone for, you know, phoning."}
{"_id": "13228", "title": "", "text": "Now sweetums . .its the Fed that buys US treasuries to keep the Yield down  . . .wait but how can that be?  How can the Fed be the biggest holder of US treasuries . . .that would be like sucking your own dick . . .but hey . .its good for the economy  Its a good thing we have bred fucking Morons or the dollar might go into hyper inflation if Americans knew how to add"}
{"_id": "13240", "title": "", "text": "Because they receive compensation (generally interest + dividends) for loaning out the shares. I own an asset X.   Somebody else wants to borrow asset X for some time period.   I agree to loan them asset X in return for some form of compensation (generally a rate of interest plus, in this specific case, any dividend payments).  The reasons why I own asset X, and why they want to borrow asset X are irrelevant to the transaction. The only relevant points are the amount of compensation and the risk that they might default on the loan. This applies equally well to shares as to money or any other kind of loan-able asset."}
{"_id": "13246", "title": "", "text": "The customer has the choice of picking their coveted essay author for the culmination of scholarly papers, essays and research projects. Our custom written work services concentrate on delivering the best outcomes for understudies through improving their essay mba assignment writing service with a specific end goal to accomplish speedier instructive process."}
{"_id": "13260", "title": "", "text": "Options reflect expectations about the underlying asset, and options are commonly priced using the Black-Scholes model:  N(d1) and N(d2) are probability functions, S is the spot (current) price of the asset, K is the strike price, r is the risk free rate, and T-t represents time to maturity.  Without getting into the mathematics, it suffices to say that higher volatility or expectation of volatility increases the perceived riskiness of the asset, so call options are priced lower  and put options are priced higher. Think about it intuitively. If the stock is more likely to go downwards, then there's an increased chance that the call option expires worthless, so call options must be priced lower to accommodate the relative change in expected value of the option.  Puts are priced similarly, but they move inversely with respect to call option prices due to Put-Call parity. So if call option prices are falling, then put option prices are rising (Note, however, that call prices falling does not cause put prices to rise. The inverse relationship exists because of changes in the underlying factors and how pricing works.) So the option action signifies that the market believes the stock is headed lower (in the given time frame). That does not mean it will go lower, and option traders assume risk whenever they take a particular position. Bottom line: gotta do your own homework! Best of luck."}
{"_id": "13275", "title": "", "text": "I've changed jobs several times and I chose to rollover my 401k from the previous employer into an IRA instead of the new employer's 401k plan.  The biggest reason not to rollover the 401k into the new employer's 401k plan was due to the limited investments offered by 401k plans.  I found it better to roll the 401k into an IRA where I can invest in any stock or fund."}
{"_id": "13299", "title": "", "text": "\"First: do you understand why it dropped? Was it overvalued before, or is this an overreaction to some piece of news about them, or about their industry, or...? Arguably, if you can't answer that, you aren't paying enough attention to have been betting on that individual stock. Assuming you do understand why this price swing occurred -- or if you're convinced you know better than the folks who sold at that price -- do you believe the stock will recover a significant part of its value any time soon, or at least show a nice rate of growth from where it is now? If so, you might want to hold onto it, risking further losses against the chance of recovering part or all of what is -- at this moment -- only a loss on paper. Basically: if, having just seen it drop, you'd still consider buying it at the new price you should \"\"buy it from yourself\"\" and go on from here. That way at least you aren't doing exactly what you hope to avoid, buying high and selling low. Heck, if you really believe in the stock, you could see this as a buying opportunity... On the other hand, if you do not believe you would buy it now at its new price, and if you see an alternative which will grow more rapidly, you should take your losses and move your money to that other stock. Or split the difference if you aren't sure which is better but can figure out approximately how unsure you are. The question is how you move on from here, more than how you got here. What happened happened. What do you think will happen next, and how much are you willing to bet on it? On the gripping hand: This is part of how the market operates. Risk and potential reward tend to be pretty closely tied to each other. You can reduce risk by diversifying across multiple investments so no one company/sector/market can hurt you too badly --- and almost anyone sane will tell you that you should diversify -- but that means giving up some of the chance for big winnings too. You probably want to be cautious with most of your money and go for the longer odds only with a small portion that you can afford to lose on. If this is really stressing you out, you may not want to play with individual stocks. Mutual funds have some volatility too, but they're inherently diversified to a greater or lesser extent. They will rarely delight you, but they won't usually slap you this way either.\""}
{"_id": "13304", "title": "", "text": "\"&gt;You are starting from false premises built on politically driven economic theories. The reality does not square with anything that you just wrote.   I like to see the historical evidence (statistical, not anecdotal) for that.   I'll provide a good starting point for you: [list of recessions in the United States](http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States). A quote \"\"The National Bureau of Economic Research dates recessions on a monthly basis back to 1854; according to their chronology, from 1854 to 1919, there were 16 cycles. The average recession lasted 22 months, and the average expansion 27. From 1919 to 1945, there were six cycles; recessions lasted an average 18 months and expansions for 35. From 1945 to 2001, and 10 cycles, recessions lasted an average 10 months and expansions an average of 57 months. **This has prompted some economists to declare that the business cycle has become less severe. Factors that may have contributed to this moderation include the creation of a central bank and lender of last resort, like the Federal Reserve System in 1913**, the establishment of deposit insurance in the form of the Federal Deposit Insurance Corporation in 1933, increased regulation of the banking sector, the adoption of interventionist Keynesian economics, and the increase in automatic stabilizers in the form of government programs (unemployment insurance, social security, and later Medicare and Medicaid). \"\"  In fact, the US at the time wanted to get away from the destructive boom and bust cycles that were destroying the economy, so went to Europe to find out how come they had significantly less disruptive cycles, and learned that the notion of a central bank was very useful to smooth out cycles.  Also read about [The Great Moderation](http://en.wikipedia.org/wiki/Great_Moderation). One of the causes is listed as \"\"Greater central bank independence, in which the Fed balanced money supply more closely with demand\"\". How do you propose that the money supply in an economy should be *matched* with economic growth and contractions? Letting be independent is a proven recipe for more harm than *trying* to match them.   All sourced with ample data.  Now you can try and argue that the Fed is not necessary, but then you'll have to explain the vast difference in boom/bust cycles seen in virtually every economy that has adopted an independent central bank that has followed reasonble monetary policy. That means covering hundreds of examples. Good luck.  This is not driven by economic theories. This is historical fact. Ignoring it and similar evidence from hundreds of years over dozens of countries and economies is ignorant.  &gt;Fiat money and fractional reserve banking guarantee monetary collapse  More non-fiat economies crashed than fiat economies. Like pretty much every historical economy up to modern times. The majority of economies that have not crashed are fiat, so it seems you have not actually tried listing all the various economies and counted them.  &gt;The idea that economics is hard science is ridiculous.  No one claimed that. You're arguing against a strawman and repeating whatever phrases you think go here.  &gt;In a smallish closed or partially closed system, formulas and equations can determine probable outcomes, in the infinitely complex economy of the modern world, the very idea that you can predict anything beyond general directions is absurd  No one claimed that either. However the entire universe is a pretty complex system, and plenty of long term predictions are probably very accurate.  &gt;And the general directions are not understandable without considering the human motivations that drive each of the billions of sentient actors involved.   Also irrelevant, since no one is claiming we need that.\""}
{"_id": "13318", "title": "", "text": "I am an instructor who teaches Financial Modeling courses to investment bankers in NYC. Looking at the model, I do not see anything wrong with it. There are just too many assumptions. I would rather use the Multiple Value for the Terminal Value calculation, but, it will not make any significant differences. Some more thoughts :  a) The author has used text book method for valuation, but, everyone improvises the text book method, hence, subjective evaluations.   b) Oil and Gas valuation is quite a deep subject and every time we create models, industry experts come and big time change the inputs. We have no indication that the model is tested by industry experts (O&amp;G Operations experts)  c) For matured companies like ARAMCO, I would prefer the DCF model as used and then parb (adjust) using comparables. I do not see that it has been done in the model.  d) In some cases, investment experts would rather use 3 stage DCF model (5 years, next 10 years, next 20 years or so). It makes the model pretty complex, but, provides more accuracy.  e) The revenue taken in the calculation is flat, instead, he should have taken the data from past 10 years and modeled the fluctuations.   f) One of the biggest challenges we have faced in this sector is the accounting method full cost of successful effort. High CAPEX only occurs in one of the methods and depending on the company's maturity level, people may use different methods. More on this method in this link -http://www.investopedia.com/articles/fundamental-analysis/08/oil-gas.asp  I am at wits to understand how the value will be more than 1 Trillion dollars in any case."}
{"_id": "13325", "title": "", "text": "I can't imagine any scenario under which this wouldn't be a scam, and frankly I'm a bit surprised to be talking about it once again.   Any time someone you don't know and who doesn't know you wants to give you money for no good reason and asks you to provide personal information and bank info, there should be enough alarms going off for a five-alarm fire. Worse still this guy wants you to send half the money back to him.  One simple question: WHY???  For what reason would they want you to send anything back?  Why not just send you the money he wants you to have and keep the rest for himself? For heaven's sake, don't fall for this.  Stay away from the whole mess and save yourself a bunch of grief."}
{"_id": "13346", "title": "", "text": "You won't know what the exchange rate will be when you convert AUD back to USD when you eventually want to spend your money unless you hedge. the movement in fx rates could easily outweigh any benefit received from higher interest.  As far as i am aware the way the hedge is constructed you will lose any benefit from foreign interest.  That being said, the 'Carry Trade' is big business. There are plenty of people that borrow yen to invest in AUD."}
{"_id": "13357", "title": "", "text": "If your goal is to simply save money on shaving supplies, there are easier ways to do so.  If you are buying the latest Gillette multi-blade razor cartridge, then yes, you are spending a lot of money on razor blades. Consider switching to an old-fashioned double-edge safety razor.  Pick up a nice razor for $20 - $50 (I like my Merkur HD), then buy the blades for cheap.  I buy a 2 year supply of double-edge blades for less than $20. If you really want to turn in your man card and get your facial hair permanently removed, then it is really easy to calculate the payback time.  Just figure out what you are spending in razor blades, get a quote for lasering your face off, and compare.  If you are paying $10 a year for blades like I am, the payback time is going to be long. One more thought: remember, permanent means permanent.  This is comparable to a tattoo, except tattoos are easier to reverse.   Others have noted that the procedure isn't really permanent. What I understand from reading (I don't have firsthand experience) is that it is temporary in the sense that you will eventually need to start shaving again, but permanent in the sense that you will never be able to grow a proper beard again, if you wish. Basically, it is the worst of both worlds: it won't accomplish your goal of not having to shave anymore, but will make permanent changes to your face. The fact that you will need to shave again, even if only occasionally, affects your payback time calculation."}
{"_id": "13376", "title": "", "text": "Believe it or not, what they're asking you is not as unusual as you might think.  Our company sells a tremendous amount of expensive merchandise over the Internet, and whenever there's something odd or suspicious about the transaction, we may ask the customer to provide a picture of the card simply to prove they have physical possession of it.  This is more reassurance to us (to the extent that's possible) that the customer isn't using a stolen card number to order stuff.   It doesn't help too much, but if the charge is disputed, at least we have something to show we made reasonable efforts to verify the ownership of the card.   I think it's pretty thin, but that's what my employer does."}
{"_id": "13388", "title": "", "text": "We provide all types of gold, silver and diamond jewelry in the world through the web.Our products are some of the most glorious and contemporaneous pieces of jewelry. We have best-personalized jewelry and necklace categories such as name necklaces, Gold heart necklace, personalized gold necklace and much more. For any information about the necklaces, you can visit our website. There, are you will get more than 4000 jewelry with different and unique design."}
{"_id": "13396", "title": "", "text": "Well, judging by the guys at my local BK's they're using the microwave way more than they should be.  I mean, it's one thing to quote policy, it's another when I watch the dude take my burger out of the tray and pop it in the nuker like it's nothing."}
{"_id": "13398", "title": "", "text": "A CPA or Enrolled Agent can be helpful, especially if you have a complicated situation such as owning your own business. The people at a lot of tax-prep places don't have many qualifications (they are not accountants or enrolled agents or certified financial planners or anything else). They are just trained to enter stuff into the computer. In that case, you can measure their value according to how much you prefer talking to typing. But don't expect them to get it right if your taxes involve any judgment calls or tricky stuff. I think a good strategy is to try TurboTax (or whatever program) and if you get stuck on any of the questions, find a pro to help."}
{"_id": "13465", "title": "", "text": "\"LOL!!!! You want nucelar weapons at the hands of \"\"Palestinians\"\" or even Muslims/Arabs.  Sure. Hamas, the terrorist organization, will be great with nuclear weopons.  (Did you forget to take some pills today?)  All Arabs countries, all(!) of them, are not worried that Israel have nucelar weopons. Actually, they are glad about it because Israel will take of Iran for them.\""}
{"_id": "13483", "title": "", "text": "\"A lower price is likely to be slightly more attractive to sellers than paying an equivalent amount in closing costs. The seller is going to be paying the realtor(s) commission on the higher \"\"sale\"\" price and will net slightly less money. It is common in my experience to ask for closing costs.  The generic answer for your questions about how it is spent depends on the bank and type of loan. In general you will not be able to walk away with the cash if closing costs are less than the concession but they can be applied to funding escrow and points transfer fees etc.. There is the potential to lose the concession if there aren't sufficient closing costs. I am fairly certain that there isn't any tax differences between the two in the US.\""}
{"_id": "13495", "title": "", "text": "I do. Women got to pin pictures of their dream things to ooo and ahhh with over the internet. It mimics the way they communicate in real life. If they could somehow figure out how to do e-mimosa's it would be unstoppable."}
{"_id": "13496", "title": "", "text": "An Indian citizen who is not a resident of India (an NRI) or a Person of Indian Origin (a PIO) is not permitted to sell or gift immovable property in India (real property for US readers) to another NRI or PIO; the property must be sold or gifted to a resident of India.  So, assuming that the property in question is in India, you cannot sell it to your NRI friend."}
{"_id": "13511", "title": "", "text": "Remember that prices refer to discrete events in the market - trades - it is easily possible that the highest price for a trade in the next period is lower than the highest price in the current one as someone in the current period may be willing to pay more in this period than anyone in the next. The ending price of a period is also determined this way; it is the last price that someone was willing to pay in this period not the first price that someone will pay in the next period. Why? because the last price in this period is not in the next period by definition! edit: added something on illiquid stocks Illiquid stocks may have intraday gaps in the sequence of candlesticks where no trading occurred. Below is one such chart for 1pm plc.(OPM.L) a UK based leasing company (thanks to Yahoo finance for this):"}
{"_id": "13513", "title": "", "text": "Start with Options, Futures and Other Derivatives by John Hull."}
{"_id": "13524", "title": "", "text": "It just states that the price doesn't justify the valuation which is not a factual statement. Also this is based on someones opinion of the companies P/E. The P/E was published and public information and idiots on both the buy and sell side jumped in.   The article does not make a factual claim about Fraud (cooking the books), Francine McKenna speculates that management  and auditors cooked the books."}
{"_id": "13530", "title": "", "text": "Ha I'll probably be down voted with this too but, I guess we have a bunch of selfish capitalists in here.  Yes, in our current system that situation is luck.  No doubt you and your father worked hard to get you where you are today, but there are others working just as hard that wont be as lucky.  Your father had a fairly stable career, being an officer.  What if you were born to a single mother?  Maybe a family that was split apart when the father's job was outsourced?  Maybe you were born into a bad neighborhood with crappy schools?  How would your current plan have turned out?  Yeah, investing isn't like a casino, but there is risk involved.   I know about index funds, but as you know a lot of the market has to do with timing.  Tell the poor guy who was 65 in 2008 and wanted to retired how that whole index fund investment worked out.  Society create a situation for you where you could succeed.  We, the tax payers, paid for your fathers career.  Your schooling was partially made possible by the government.  The government also supports the legal system so you can invest your capital in the first place, and the infrastructure for those companies to succeed.  If you want to retire at 35 that's great,  however if you are advocated for less taxes in order to do that you are robbing others of a chance to realize their own dreams."}
{"_id": "13543", "title": "", "text": "\"First, PLEASE, I asked before and I think it's very important for you to think and answer this question: is there a chance that Susan is a great person as you claim she is, and this whole incident is due some incompetent idiot IT experts working for her?  If you answer that question, correctly, you will understand everything about the whole story.  &gt;&gt; Susan is no good?  &gt;She made a grave mistake. Can't speak to the totality of her career based on this one incident.  One mistake? Do you really, really, think that one mistake, one, would lead to the biggest breach in world history? Do you know that the breach actually happened in May, continued until August, and reported in Sept? What about her \"\"great talent\"\" as shown in interview? Do you think with that \"\"talent\"\", she may have made more than one mistake in regards to security?  It was even a mistake to get interviewed if you know you know nothing about security.  Look, I know that you really really really want to believe Susan is a good person, but she's far far from this.  &gt;&gt;Got her job in a corrupt way?  &gt; No public information sources I've seen support such an allegation.  I have told you that in all her previous jobs, she was a vice president or \"\"Senior director of\"\", going back to HP. See it [here](https://www.boardroominsiders.com/executive-profiles/1006308/Equifax,-Inc./Susan-Mauldin).  So, try to just think, without any bias: what are the chances that a Music major will have such a meteoric START and rise in the the corporate world in unrelated areas to her studies?  C'mon! You never heard or experienced people getting positions or getting promoted not base on merit?  &gt;&gt; her degrees show she was not born interested in security (except for fat pay checks)?  &gt; Her degree shows that in her youth she was more interested in music; her career history, on the other hand, demonstrates an interest in security. Alleging that her interest was solely based on pay is pure speculation.  Her meteoric rise in the corporate level, which started in HP in Auditing, and not security, is showing her main interest is in fat pay checks and power.  C'mon! You never heard or experienced greedy clueless managers that are only about getting paid and destroy anyone on the way to a higher pay?   &gt;&gt;people with IT degrees are more a match, suitable and qualified for security jobs, especially when they have specific on-hand experience?  &gt; People with specific, recent experience (Susan had 14 years), are more qualified than people with an outdated IT degree. Between two people with identical experience, the IT degree might help tip the scales. Still, her role was administrative, not hands-on, so specific technical skill sets are less important than management skills for this role.  Susan has no hands-on experience, talent or knowledge. Security is not a joke. Security is a professional extremely important requirement that cannot be managed or overseen by clowns.  &gt;&gt;HR does not care about employees?  &gt; Good HR does.  ... which is very rare. Advise to you: don't even try to assume that HR is on your side or other employees, until you actually see proof and examples for that.  &gt;&gt;real experts have to fight HR and terrible management... and usually lose because of this whole corrupt setup?  &gt; Real security experts are not often also experts in HR and management,  I see an unsubstantiated bias and claims against certain people. Are you sure that \"\"nerds\"\" like Bill Gates, Elon Mask and others have no chance to be good with HR or \"\"management\"\"?  &gt; so aren't qualified to judge qualifications or actions of taken in those contexts as they are unlikely to have a clear view of the overall situation. Claiming that the HR and management setup is systemically corrupt is a specious claim.  Yes, you do have claims... and probably your claims are shared by some Equifax top managers...  **SUMMARY: do you know that, most likely, Equifax will file for bankruptcy? I am giving it 98% chance. Susan killed that company!**  So you need to be more serious about this incident, what are the requirements for this job, and how corporation should handle certain areas and the people who should lead those areas.\""}
{"_id": "13545", "title": "", "text": "\"Well, stay in ignorance then and \"\"trust\"\" the official sources and listen to the \"\"official story line\"\" all you want -- just don't call it \"\"science\"\" because it's not, it's *politics*. (I mean they would never LIE to you would they? Saddam MUST have had WMD somewhere... etc.)  What you are neglecting is that most of those \"\"Official PhD sources\"\" are engaged in \"\"cover the asses\"\" of their own industries &amp; professions.  And there are plenty MD's and PhD's who have testified to the source problem -- plenty of well-documented KNOWN incidences of resistant strains long before antibiotics were used in animal feed -- the official orgs are just in a combination of poltical denial, CYA, and shift-the-blame mode.  Do you seriously think that antibiotic resistant bacteria ([which pre-existed the use of antibiotics in animal feed](http://en.wikipedia.org/wiki/Antibiotic_resistance#Causes) -- and especially [MRSA (circa 1961)](http://en.wikipedia.org/wiki/Methicillin-resistant_Staphylococcus_aureus#History)) were somehow *caused* by using antibiotics in animal feed?  What did the cows do, jump back a couple of decades with a cows-only time-machine and infect humans?  I mean, get real already.  The BS about people being infected with MRSA by cows is far beyond being dubious, it is simply historically false and virtually impossible (if anything it has to have been the other way around because MRSA was found in humans {hospitals} first... the same with VRSA and VRE -- they were all *iatrogenic* -- DOCTOR-bred).\""}
{"_id": "13573", "title": "", "text": "\"Thanks!  I came across many books on credit risk in my google searches - what I'm really looking for is which one is the \"\"industry standard\"\" reading (does that make sense?). For example, in derivatives, everybody recommends John C. Hull's Options... book. Why of all the CRM books, do you recommend those three in particular?\""}
{"_id": "13582", "title": "", "text": "tl;dr: Be patient, money is probably sitting somewhere, and it will eventually be credited back to your account. I had a similar problem about 10 years ago.  I sent an international wire transfer, from my own bank account in Germany to my bank account in Central America. I had done this before, and there had been no issues, but in this case, even though all the information was correct, the bank rejected the wire because it was above $10K, and in that case, the bank needs written proof from the owner of the receiving account (me) , and so didn't know where the funds were coming from. I had to call the local Sparkasse bank in Germany, as well as an intermediary bank in London to sort it all out, and in total, had to wait about 3-4 weeks to get the money back in my Sparkasse bank account.  At one point I thought I may never see that money back, especially since there was an intermediary bank to deal with, but it all worked out in the end."}
{"_id": "13586", "title": "", "text": "With the S&amp;P 500's cyclically adjusted price to earnings ratio above 26 and inching closer to 30 everyday I would be inclined to disagree. Also price trends and technical indicators say nothing about over and undervaluation. If fact technical indicators are worthless in the real world."}
{"_id": "13596", "title": "", "text": "You have two different operations going on: They each have of a set of rules regarding amounts, timelines, taxes, and penalties. The excess money can't be recharacterized except during a specific window of time.  I would see a tax professional to work through all the details."}
{"_id": "13602", "title": "", "text": "Save what you can. Due to compounding of interest, saving early is much more advantageous than saving the same amount later. Obviously you need money to live on, and you're entitled to spend some money on entertainment -- but set a budget on that and stick to that budget. Buying toys now deprives you of better toys later.  You aren't saving for an uncertain future; you are saving for a certain future!"}
{"_id": "13621", "title": "", "text": "\"I read Rich Dad, Poor Dad and I must say, found a lot of value in it.  And I like to think I have a very good understanding of finance - both personal and corporate.  Econ major, have worked at several major brokerages dispensing financial advice for a living, including at my current employer.  But I do remember, back in 2005, when I read Kiyosaki's book, signing up to be contacted by a \"\"Rich Dad Coach\"\" - or something like that.  Basically, some guy at the Rich Dad company who would be a financial mentor or sorts.    Long story short, the Rich Dad Coach asked for my credit score, which was high, and proceeded to recommend that I max out my credit to buy a house to flip in \"\"1-2 months.\"\"  Now, it's true that it could have worked.  But was it good advice?  Fucking hell no it wasn't.  And I think he wanted 5k to coach me through the process.  I could have made money doing it, even with paying him 5k, but SPECULATING by taking out personal lines of credit is not consistent with anything in the Rich Dad book.  Showed me right there that while the book's advice may be good, that organization was just out to make a buck at the readers' expense.\""}
{"_id": "13631", "title": "", "text": "The answer provide by @mbhunter is correct, however there are contexts, shorting in spot market and carrying the position over settlement usually does not entail payment of dividend to the broker, one of the reason being post ex-date the price of the share downward adjusts to the extent of the dividend, so practically if you have shorted at 100 and post ex-date (assuming a dividend of 2 and no movement of the stock price), the price would slide to 98, the party who longed the stock @ 100 now is sitting on a price of 98 and received a dividend of 2 which equates to 100. The above is also contextual to the law of the country governing the exchange and the security exchange board regulations."}
{"_id": "13645", "title": "", "text": "Aside from the fact that there are massive problems with taxes, liability, fiduciary responsibility, and (assuming you're accepting any sort of compensation at all) licensing. The mere fact that you're asking this question indicates that you're probably not suitably qualified to handle this for others. Why not have someone qualified handle this?"}
{"_id": "13656", "title": "", "text": "The first thing I assess when looking at new credit cards is whether it has no annual fee, the second thing I look at is how long the interest free period is. I always pay my credit card off in full just before the due date. Any rewards program is a bonus. My main credit card is with CBA, I have a credit limit of $20K and pay no annual fee. I get a bonus point for every $ I spend on it, for which I exchange for store gift cards to help with my everyday spending. Approximately 3500 point would get me a $25 gift card. But my main reward with the card is the interest I save by keeping my own money in a Home Loan Offset account whilst I spend with the Bank's money. Then I pay the full amount off by the due date so I do not pay any interest on the credit card. I only use my credit cards for purchases I would usually make anyway and to pay bills, so my spending would be the same with or without a credit card. I can usually save over $500 each year off my Home Loan interest and get about $350 worth of gift cards each year. If I didn't have any Home Loans then I would keep my money in a high interest depost account so I would be increasing my interest payments each year. Sure you can probably get credit cards with more generous rewards programs, but how much are you paying each year in annual fees, and if you don't have an interest free period and you don't pay off all the amount due each month how much are you paying in interest on the card? This is what you need to way up when looking at rewards programs on offer. Nothing is for free, well almost nothing !"}
{"_id": "13657", "title": "", "text": "In short: yes, as long as you have Internet access. See, for example this question or this one about opening a brokerage account from outside the US.  Your sister could even open an account here in the US and provide you with access. However, I'm guessing you're not a registered or even formally trained financial advisor and if you make bets with her money that don't work out well, she could get pretty upset with you.   You might consider doing research from Bangladesh on good financial advisors and picking one (or a few) to recommend she go see in the US.  EDIT: OP hopes to be a financial advisor in the future. Given that comment, I'd recommend looking into becoming a Certified Financial Planner (unless CFA suits your goals; you indicated that process is already underway), as a step towards that goal.  Information about the certification in the US is here, in India here, and in some other countries here."}
{"_id": "13666", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.latimes.com/local/lanow/la-me-prison-costs-20170604-htmlstory.html) reduced by 75%. (I'm a bot) ***** &gt; The cost of imprisoning each of California&amp;#039;s 130,000 inmates is expected to reach a record $75,560 in the next year.  &gt; Gov. Jerry Brown&amp;#039;s spending plan for the fiscal year that starts July 1 includes a record $11.4 billion for the corrections department while also predicting that there will be 11,500 fewer inmates in four years because voters in November approved earlier releases for many inmates.  &gt; Since 2015, California&amp;#039;s per-inmate costs have surged nearly $10,000, or about 13%. New York is a distant second in overall costs at about $69,000.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6sg0yg/til_that_housing_a_prisoner_in_california_now/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~186368 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **inmate**^#1 **cost**^#2 **prison**^#3 **California**^#4 **population**^#5\""}
{"_id": "13672", "title": "", "text": "like any share, valuing facebook requires a projection of earnings and earnings growth to arrive at a present value for the right to share in these future earnings.   there are economic arguments to be had for facebook to see either a negative or positive future long term net income growth. given the uncertainty we can establish a very rough baseline value by treating it as a perpetuity (zero growth) discounted at historical equity growth rate (8%) with some very simple math. An annual net income of 900 million discounted at 8 percent in perpetuity is worth 11.25 Billion.  Now, take into account the fact that tech stocks trade at an inflated PE multiple of around 3 times that of a mature company in an established industry (PE x10-20 for average stocks and anywhere between x30-60+ for tech stocks), and I would expect the market cap for this perpetuity to be around 34 Billion.  A market cap of 34 billion is a share value of around 15.5, which is the point where I would take up a long position with fair confidence. I do think that the share deserves a premium for potential income growth (despite the current and potential future revenue losses) simply due to the incredibly large user base and the potential to monetize this. Of course, it wasn't worth the 22 dollar premium that IPO buyers paid but its worth something.  I think there is simply too much uncertainty for me to go long in the next 6 months unless it hits 15/share which may never happen. If the company can monetize mobile and show quarterly results in the next year I would consider a long position for anywhere from 15-20 a share."}
{"_id": "13679", "title": "", "text": "Less than 1/5th of the country. Narrowing down the demographics based on margins it was rural, uneducated, 45-64 year old white guys who weren't bothered by Trump sexually harassing women that really got him the vote [according to the exit polls.](http://www.foxnews.com/politics/elections/2016/exit-polls)"}
{"_id": "13680", "title": "", "text": "The Trump tax plan is strongly modeled on the Kansas's Republican Governor's tax plan.  Given that it was fairly radical in size (corporate tax rate to zero), and eventually it was repealed by the Republican Kansas legislature, I think folks should look at some of the research on [the great Kansas tax cut experiment](https://www.brookings.edu/blog/unpacked/2017/07/11/the-kansas-tax-cut-experiment/).  PS: Trump's current tax plan is pretty different than the tax plan he campaigned on and talked about in his standard stump speech which was pretty populist and not shocking, i.e. a broad middle class tax cut vs. the current plan which is geared primarily to benefit the rich and corporations."}
{"_id": "13698", "title": "", "text": "Most commodities offer something of value inherent in itself. The bitcoin does not. If people don't trust or want to use bitcoin as a currency, bitcoin is useless. If people don't like or trust coffee beans anymore, you can still make a cup of coffee with them."}
{"_id": "13709", "title": "", "text": "I go to a brewpub if I want a good steak.  And I can get beer that was brewed in house.  If I want good wings or burger I go to a real bar. If I want good ribs I go to a BBQ place. They are only roughly 15% more expensive than Applebees and Fridays anymore and the quality far exceeds the price difference."}
{"_id": "13712", "title": "", "text": "&gt;The Fair Labor Standards Act (FLSA) does not define full-time employment or part-time employment. This is a matter generally to be determined by the employer. Whether an employee is considered full-time or part-time does not change the application of the FLSA, nor does it affect application of the Service Contract Act or Davis-Bacon and Related Acts wage and fringe benefit requirements.  http://www.dol.gov/dol/topic/workhours/full-time.htm#.UI4A4MXR4bI"}
{"_id": "13715", "title": "", "text": "Would you buy this used car, in its current condition but with new tires, for the price of the tires? If so, buy the tires."}
{"_id": "13718", "title": "", "text": "There are two Questions: Financial institutions do not care about your nationality, only your ability to pay over time. For long term debt the lender will want assurances that the borrower has the ability and means to pay the debt over time. A legal resident in the US should have no more difficulty obtaining financing than a citizen under similar life circumstances. The Lender is also under legal obligation to confirm that the borrower is who they say they are, will have the ability to pay over time AND have no malicious intent in the purchase. Persons who do not have legal status in the US, AND who do not have the means to pay for property outright will have difficulty obtaining financing as they will have trouble establishing the requirements of the Lender. This is simple math, a lender will be reluctant to lend to any person who is more likely to have difficulty paying the obligation than another. In your case Your father would be an unlikely candidate for a mortgage because he cannot establish his legal status nor can he guarantee that he will have the legal right to earn a means to pay the loan back. This puts the lender at risk both of losing the money lent AND losing the right to repossess the property if the borrower doesn't pay.  Despite all of the obstacles I have indicated above, it is still possible for your father to purchase property legally, but the risk and the cost go way up for him as a borrower. There may be sellers willing to finance property over time, but your father's status puts him at a disadvantage if the seller is not honest.  There may be community coalitions which can help you work through the challenges of property ownership. Please see these related articles"}
{"_id": "13732", "title": "", "text": "\"Also, in the next sentence, what is buyers commission? Is it referring to the share holder? Or potential share holder? And why does the buyer get commission?  The buyer doesn't get a commission.  The buyer pays a commission.  So normally a buyer would say, \"\"I want to buy a hundred shares at $20.\"\"  The broker would then charge the buyer a commission.  Assuming 4%, the commission would be  So the total cost to the buyer is $2080 and the seller receives $2000.  The buyer paid a commission of $80 as the buyer's commission.   In the case of an IPO, the seller often pays the commission.  So the buyer might pay $2000 for a hundred shares which have a 7% commission.  The brokering agent (or agents may share) pockets a commission of $140.  Total paid to the seller is $1860.   Some might argue that the buyer pays either way, as the seller receives money in the transaction.  That's a reasonable outlook.  A better way to say this might be that typical trades bill the buyer directly for commission while IPO purchases bill the seller.  In the typical trade, the buyer negotiates the commission with the broker.  In an IPO, the seller does (with the underwriter).   Another issue with an IPO is that there are more parties getting commission than just one.  As a general rule, you still call your broker to purchase the stock.  The broker still expects a commission.  But the IPO underwriter also expects a commission.  So the 7% commission might be split between the IPO underwriter (works for the selling company) and the broker (works for the buyer).   The broker has more work to do than normal.  They have to put in the buyer's purchase request and manage the price negotiation.  In most purchases, you just say something like \"\"I want to offer $20 a share\"\" or \"\"I want to purchase at the market price.\"\"  In an IPO, they may increase the price, asking for $25 a share.  And they may do that multiple times.  Your broker has to come back to you each time and get a new authorization at the higher price.  And you still might not get the number of shares that you requested.   Beyond all this, you may still be better off buying an IPO than waiting until the next day.  Sure, you pay more commission, but you also may be buying at a lower price.  If the IPO price is $20 but the price climbs to $30, you would have been better off paying the IPO price even with the higher commission.  However, if the IPO price is $20 and the price falls to $19.20, you'd be better off buying at $19.20 after the IPO.  Even though in that case, you'd pay the 4% commission on top of the $19.20, so about $19.97.   I think that the overall point of the passage is that the IPO underwriter makes the most money by convincing you to pay as high an IPO price as possible.  And once they do that, they're out of the picture.  Your broker will still be your broker later.  So the IPO underwriter has a lot of incentive to encourage you to participate in the IPO instead of waiting until the next day.  The broker doesn't care much either way.  They want you to buy and sell something.  The IPO or something else.  They don't care much as to what.   The underwriter may overprice the stock, as that maximizes their return.  If they can convince enough people to overpay, they don't care that the stock falls the day after that.  All their marketing effort is to try to achieve that result.  They want you to believe that your $20 purchase will go up to $30 the next day.  But it might not.   These numbers may not be accurate.  Obviously the $20 stock price is made up.  But the 4% and 7% numbers may also be inaccurate.  Modern online brokers are very competitive and may charge a flat fee rather than a percentage.  The book may be giving you older numbers that were correct in 1983 (or whatever year).  The buyer's commission could also be lower than 4%, as the seller also may be charged a commission.  If each pays 2%, that's about 4% total but split between a buyer's commission and a seller's commission.\""}
{"_id": "13743", "title": "", "text": "not really.  drinking a single beer is not the same level of intoxication as smoking a single joint.  source:  i have done both many times ;D  not sure where maturity comes into it.  perhaps you are young and consider that to be some kind of trump card."}
{"_id": "13755", "title": "", "text": "\"&gt;You can do it by downloading the kindle file directly from the Amazon site which I think is the generic version  Na, mine was signed for my very own kindle, even though it was set to \"\"Download to computer.\"\" They must use the kindles serial number I had to type in when I registered.  Why aren't you using your kindle no more?!\""}
{"_id": "13800", "title": "", "text": "POS stands for Point of Sale (like a specific store location) which indicates that the purchase occurred by using your debit card, but it can also be the on-line transaction done via 3-D Secure. Checking with bank, they said that Kirchstrasse transaction could be related to direct marketing subscription service ordered on-line. Investigating further what I've found these kind of transactions are performed by 2BuySafe company registered at Kirchstrasse in Liechtenstein with went through the MultiCards on-line cashier which can be used for paying different variety of services (e.g. in this case it was polish on-line storage service called Chomikuj). These kind of transactions can be tracked by checking the e-mail (e.g. in gmail by the following query: after:2014/09/02 before:2014/09/02 Order). Remember, that if you still don't recognise your transaction, you should call your bank. I have found also some other people concerns about that kind of transactions who ask: Is 2BuySafe.com and www.multicards.com some sort of Scam? Provided answer says: MultiCards Internet Billing is a provider of online credit card and   debit card processing and payment solutions to many retailers   worldwide. MultiCards was one of the pioneer companies offering this   type of service since 1995 and is a PCI / DSS certified Internet   Payment Service Provider (IPSP) providing service to hundreds of   retail websites worldwide  MultiCards is a registered Internet Payment   Service Provider and has implemented various fraud protection tools   including, but not limited to, MultiCards Fraud Score Tool and   'Verified by Visa' and 'MasterCard SecureCode' to protect card   holder's card details.  2BuySafe.com Is also Secured and Verified By   GeoTrust  The certificate should be trusted by all major web browsers   (all the correct intermediate certificates are installed). The certificate was issued by GeoTrust.  Entering Incorrect information can lead to a card being rejected as @   TOS  2BuySafe.com is hosted on the Multicards Server site"}
{"_id": "13802", "title": "", "text": "You must not have been listening very hard. Obviously the Republican cheerleaders were quiet, but that's not the entirety of the opposition to high spending.  Similarly, anti war protestors were awfully quiet while Obama was in office.   This sort of things should s who has principles, and who is a party shill."}
{"_id": "13822", "title": "", "text": "During the course of the year, the S&P individual stocks will have some dividends. Not every last stock but a good number of them. Enough that the average dividend for the S&P has been about 2% recently.  So if the S&P index goes up, say 10%, an S&P fund should go up closer to 12%. For a fund holder, you'd normally see a declared dividend and cap gain distribution toward the end of each year. When you hold shares in a 401(k), dividends are reinvested into the fund, usually with no involvement from the members."}
{"_id": "13829", "title": "", "text": "Citizens Advice can tell you whether it would be possible / worth taking it to Small Claims Court or not, and how to phrase your claim if so.  If you do go to Small Claims Court, you don't need legal representation. I would think of Citizens Advice as a kind of triage as to whether you need to seek legal advice or not."}
{"_id": "13831", "title": "", "text": "The example you give would clearly be illegal, and so unenforceable in court.  If a contract contains a clause which is deemed legal but so unreasonable (completely unfair) it is unenforceable by the court, then the court can replace that cause with a more reasonable clause.  I think it would be a fairly expensive (and likely losing) argument to convince a court that this particular contract was unfair,  but if you did it would probably mean only a change in the penalty clause to make it 'reasonable'."}
{"_id": "13832", "title": "", "text": "&gt; The alternative is to do nothing.  Well, what many people do not realize is that even if all man made CO2 magically ceased to be created that the climate would still change. Climates change, always.  So, you think that something that accounts for .04% of the atmosphere is the key to humanity's survival on the planet, really?  The market will reduce CO2 production as it already has (the only reason that the US is in line with the Kyoto protocols as it was not ratified by the Senate). As prices lower, you will see cleaner sources of energy (i.e. solar) become more and more prevalent.  Ironically, poor people (through burning of wood for heat and to cook with) actually have a much greater impact on CO2 levels than to rich people. Go figure. All that is certain is that what the 99% you quote agree on is that mankind is responsible for some of the warming. There is no consensus over the magnitude of the change (I have seen estimates from a .5 to a 4 degrees of Celsius change over the coming decade) or over how to address the issue."}
{"_id": "13834", "title": "", "text": "Oh so it's ok for MSM to have a play where Donald Trump is murdered. But if I say something to get a reaction out of you the conversation is over?   How is that ok to have a play where the acting president is killed?   Freedom of speech is ok until you break the law. To threaten or imply death of the president of the United States is a crime. Donald trump did not write the law. In fact Trump wasn't even alive when that law was written.   China Russia United States. They need to eliminate the religious problem we have."}
{"_id": "13847", "title": "", "text": "Sorry, in the US (Bank of America). The kind of account we have has that high fee, but they also have free account options that have lower or zero balance requirements, you just have to setup direct deposit. The one we have has free checks, free safe deposit box, an English speaking customer service rep guaranteed to answer my call in something like 3 rings, and a bunch of other stuff I'll never use."}
{"_id": "13878", "title": "", "text": "I have a loaded Accord right now.  Model 3 is faster, safer (most likely given Tesla's track record, doesn't need gas, and (hopefully) cheaper and easier to maintain (no oil changes, etc).     It's also just a hair smaller than my Accord and sits more forward, which I really like. The Accord feels like a boat to me."}
{"_id": "13885", "title": "", "text": "You could buy shares of an Exchange-Traded Fund (ETF) based on the price of gold, like GLD, IAU, or SGOL. You can invest in this fund through almost any brokerage firm, e.g. Fidelity, Etrade, Scotttrade, TD Ameritrade, Charles Schwab, ShareBuilder, etc. Keep in mind that you'll still have to pay a commission and fees when purchasing an ETF, but it will almost certainly be less than paying the markup or storage fees of buying the physical commodity directly. An ETF trades exactly like a stock, on an exchange, with a ticker symbol as noted above. The commission will apply the same as any stock trade, and the price will reflect some fraction of an ounce of gold, for the GLD, it started as .1oz, but fees have been applied over the years, so it's a bit less.  You could also invest in PHYS, which is a closed-end mutual fund that allows investors to trade their shares for 400-ounce gold bars. However, because the fund is closed-end, it may trade at a significant premium or discount compared to the actual price of gold for supply and demand reasons. Also, keep in mind that investing in gold will never be the same as depositing your money in the bank. In the United States, money stored in a bank is FDIC-insured up to $250,000, and there are several banks or financial institutions that deposit money in multiple banks to double or triple the effective insurance limit (Fidelity has an account like this, for example). If you invest in gold and the price plunges, you're left with the fair market value of that gold, not your original deposit.  Yes, you're hoping the price of your gold investment will increase to at least match inflation, but you're hoping, i.e. speculating, which isn't the same as depositing your money in an insured bank account. If you want to speculate and invest in something with the hope of outpacing inflation, you're likely better off investing in a low-cost index fund of inflation-protected securities (or the S&P500, over the long term) rather than gold.  Just to be clear, I'm using the laymen's definition of a speculator, which is someone who engages in risky financial transactions in an attempt to profit from short or medium term fluctuations This is similar to the definition used in some markets, e.g. futures, but in many cases, economists and places like the CFTC define speculators as anyone who doesn't have a position in the underlying security. For example, a farmer selling corn futures is a hedger, while the trading firm purchasing the contracts is a speculator. The trading firm doesn't necessarily have to be actively trading the contract in the short-run; they merely have no position in the underlying commodity."}
{"_id": "13900", "title": "", "text": "I agree with you that given a teacher and an environment there may be a way to rank teachers, however any proposal I've seen to judge performance fails to take into account environment and assumes the district as one uniform environment. Any time federal programs are proposed that try and address failing schools, they treat things as if the school is the only part of the environment that matters. I don't see how they can do better for teachers."}
{"_id": "13902", "title": "", "text": "Well, sure, but that rate won't continue for the next 18 years. A lot of the increase in public school cost is due to government funding cuts and the increase stops once funding reaches 0%.  When you look at private schools, say [Stanford](http://facts.stanford.edu/chron.html#tuition), the average over the last 18 years is 4.6% a year - higher than inflation (2.3%) for sure, but no where as bad as the overall numbers would suggest."}
{"_id": "13908", "title": "", "text": "\"The \"\"par value\"\" is a technicality that you can ignore in this case, and it has nothing directly to do with the merger.  When a company issues stock, it puts a \"\"par value\"\" on the shares.  If it later issues more shares, they cannot be issued at less than par value. The rest of the notice seems to be as you said: If you hold until the merger takes effect, they are going to give you $25/share and your shares will be gone.  As always, you can try to sell on the open market before that time instead, although you can bet that not too many people are going to want to give you more than $25/share at this point.\""}
{"_id": "13933", "title": "", "text": "Our group leader was very interested in the Amazon Go concept which got us thinking about that as a potential deal. While writing the paper I found some articles discussing Whole Foods Amazon potential merger from last year, but it seemed unlikely since the companies had a sit down last year and it didn't amount to anything. Obviously Amazon thought this was a good target then so it was known at the time. However, we didn't think the deal was back on the table. Recent mentions of the possible deal didn't come out until a few weeks after we started writing our paper."}
{"_id": "13941", "title": "", "text": "\"I've seen the same happen with several companies, with programmers engineers, salespeople, managers, etc.  Both companies end up paying more, and in many senses (because it *always* takes time to get \"\"up to speed\"\" in a new company) losing out because of it.  It's inane, really, how little most managers/owners really *value* their employees.  Probably one of the scariest things I've ever heard is in privately-owned companies where they say \"\"we treat all our employees like family\"\" -- which I always want to laugh at, and say \"\"My God, I would hope you can do better than THAT... [because, hell, most 'families' are dysfunctional and pretty much screw each other up/over at just about every opportunity].\"\"\""}
{"_id": "13975", "title": "", "text": "\"Imagine that, a car dealership lied to someone trusting.  Who would have thought. A big question is how well do you get along with your \"\"ex\"\"?  Can you be in the same room without fighting?  Can you agree on things that are mutually beneficial? The car will have to be paid off, and taken out of his name.  The mechanics on how to do this is a bit tricky and you may want to see a lawyer about it.    Having you being the sole owner of the car benefits him because he is no longer a cosigner on a loan.  This will help him get additional loans if he chooses, or cosign on his next gf's car. And of course this benefits you as you \"\"own\"\" the car instead of both of you. You will probably have to refinance the car in your name only.  Do you have sufficient credit?  Once this happens can you pay off the car in like a year or so? If you search this site a similar questions is asked about once per month.  Car loans are pretty terrible, in the future you should avoid them.  Cosigning is even worse and you should never again participate in such a thing. Another option is to just sell the car and start over with your own car hopefully paid for in cash.\""}
{"_id": "13987", "title": "", "text": "Political systems do not have to be intertwined with economic systems, as China demonstrates.      By most rankings (Cato, Heritage, etc) China actually has a bit more economic freedom than India.    I don't necessarily think that China's development path needs to be copied to India.  But I would take a very strong look at what China has done and how.  The results are unbelievable.  If you think that India's democratic system is superior, then it should be even easier and faster for India to achieve similar or better results."}
{"_id": "14011", "title": "", "text": "I think about debt as a good option for capital investments that offer a return. In my opinion, a house and clothes you need for that new job are good things to borrow for. School is ok, depending on the amount. Car is ok, if it's a 3 year loan. The rest is not good. You should try to carry as little debt as possible, but don't let it dominate your life. If faced between the choice of paying ahead on your student loan and blowing $300 on an XBox, you should pay the loan. If the choice is between taking your kid to the zoo and paying the loan, have fun at the zoo."}
{"_id": "14028", "title": "", "text": "Same argument and answer for investing instead of paying off debt, or borrowing to invest. Risk. What happens if the stocks drop by 10%? Sure, you might come out ahead on average, but a drop in the market could be catastrophic from a cash flow point of view.  In addition, federal tax debt is arguably the worst kind. The IRS has the authority to garnish wages and has virtually unlimited resources they can use to collect."}
{"_id": "14035", "title": "", "text": "\"For political reasons, almost all governments (including the US) spend more money than they get from taxes etc.  There are a number of things a government can do to cover the difference: Most governments opt for selling bonds.  The \"\"National Debt\"\" of a country can be thought of as being the sum of all the \"\"Bonds\"\" that are still paying interest, and that the Government hasn't Redeemed. It can all go horribly wrong.  If the Government gets into a situation where it cannot pay the interest, or it cannot Redeem the Bonds it has promised to, then it may have to break its promise (\"\"Default\"\" on its payments).  This makes the owners of the Bonds unhappy and means potential buyers of future Bond sales are less likely to want to buy the Governments new Bonds - effectively meaning the Government has to promise to pay more interest in the future.  Recent examples of this include Argentina; and may include Greece soon. The US is in the fortunate position that not many people believe it will Default.  Therefore the new Bonds it sells (which it does on a regular basis) are still in demand, even though its interest payments, and promises to Redeem Bonds are huge.\""}
{"_id": "14040", "title": "", "text": "Nobody said they paid for it up front.  They still pay for it.  The businesses are definitely making money off the work.    Unless you are saying the businesses don't make money off of it, and are accruing a loss?  Do you expect us to believe that?"}
{"_id": "14061", "title": "", "text": "From InvestingAnswers, the price of a bond is equal to the present value of its future cash flows, as shown in the following formula:  Where: By induction, this is equivalent to: or, using more familiar formulae, it is equivalent to the formula for the present value of an ordinary annuity to represent the coupon payments, plus a term for the discounted value at maturity: For example, a 10 year semiannual bond with coupon payment 10%, priced at 1095 with maturity value 1000. Solving for r yields 0.0428332 or 4.28% semi-annually. (8.75% per annum) The solution can be found by plotting or using a solver, which many pocket calculators have.  Plot of p as a function of r, intersecting with p = 1095 when r = 0.0428   Checking on Investopedia"}
{"_id": "14065", "title": "", "text": "\"In 2014 the IRS announced that it published guidance in Notice 2014-21. In that notice, the answer to the first question describes the general tax treatment of virtual currency: For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency. As it's property like any other, capital gains if and when you sell are taxed. As with any capital gains, you're taxed on the \"\"profit\"\" you made, that is the \"\"proceeds\"\" (how much you got when you sold) minus your \"\"basis\"\" (how much you paid to get the property that you sold). Until you sell, it's just an asset (like a house, or a share of stock, or a rare collectible card) that doesn't require any reporting. If your initial cryptocurrency acquisition was through mining, then this section of that Notice applies: Q-8: Does a taxpayer who \u201cmines\u201d virtual currency (for example, uses computer resources to validate Bitcoin transactions and maintain the public Bitcoin transaction ledger) realize gross income upon receipt of the virtual currency resulting from those activities? A-8: Yes, when a taxpayer successfully \u201cmines\u201d virtual currency, the fair market value of the virtual currency as of the date of receipt is includible in gross income. See Publication 525, Taxable and Nontaxable Income, for more information on taxable income. That is to say, when it was mined the market value of the amount generated should have been included in income (probably on either Line 21 Other Income, or on Schedule C if it's from your own business). At that point, the market value would also qualify as your basis. Though I doubt there'd be a whole lot of enforcement action for not amending your 2011 return to include $0.75. (Technically if you find a dollar bill on the street it should be included in income, but usually the government cares about bigger fish than that.) It sounds like your basis is close enough to zero that it's not worth trying to calculate a more accurate value. Since your basis couldn't be less than zero, there's no way that using zero as your basis would cause you to pay less tax than you ought, so the government won't have any objections to it.  One thing to be careful of is to document that your holdings qualify for long-term capital gains treatment (held longer than a year) if applicable. Also, as you're trading in multiple cryptocurrencies, each transaction may count as a \"\"sale\"\" of one kind followed by a \"\"purchase\"\" of the other kind, much like if you traded your Apple stock for Google stock. It's possible that \"\"1031 like kind exchange\"\" rules apply, and in June 2016 the American Institute of CPAs sent a letter asking about it (among other things), but as far as I know there's been no official IRS guidance on the matter. There are also some related questions here; see \"\"Do altcoin trades count as like-kind exchanges?\"\" and \"\"Assuming 1031 Doesn't Apply To Cryptocurrency Trading\"\". But if in fact those exchange rules do not apply and it is just considered a sale followed by a purchase, then you would need to report each exchange as a sale with that asset's basis (probably $0 for the initial one), and proceeds of the fair market value at the time, and then that same value would be the basis of the new asset you're purchasing. Using a $0 basis is how I treat my bitcoin sales, though I haven't dealt with other cryptocurrencies. As long as all the USD income is being reported when you get USD, I find it unlikely you'll run into a lot of trouble, even if you technically were supposed to report the individual transactions when they happened. Though, I'm not in charge of IRS enforcement, and I'm not aware of any high-profile cases, so it's hard to know anything for sure. Obviously, if there's a lot of money involved, you may want to involve a professional rather than random strangers on the Internet. You could also try contacting the IRS directly, as believe-it-or-not, their job is in fact helping you to comply with the tax laws correctly. Also, there are phone numbers at the end of Notice 2014-21 of people which might be able to provide further guidance, including this statement: The principal author of this notice is Keith A. Aqui of the Office of Associate Chief Counsel (Income Tax & Accounting). For further information about income tax issues addressed in this notice, please contact Mr. Aqui at (202) 317-4718\""}
{"_id": "14083", "title": "", "text": "\"A person can finance housing expenses in one of two ways. You can pay rent to a landlord. Or you can buy a house with a mortgage. In essence, you become your own landlord. That is, insta the \"\"renter\"\" pays an amount equal to the mortgage to insta the \"\"landlord,\"\" who pays it to the bank to reduce the mortgage. Ideally, your monthly debt servicing payments (minus tax saving on interest) should approximate the rent on the house. If they are a \"\"lot\"\" more, you may have overpaid for the house and mortgage. The advantage is that your \"\"rent\"\" is applied to building up equity (by reducing the mortgage) in your house. (And mortgage payments are tax deductible to the extent of interest expense.) At the end of 30 years, or whatever the mortgage term, you have \"\"portable equity\"\" in the form a fully paid house, that you can sell to move another house in Florida, or wherever you want to retire. Sometimes, you will \"\"get lucky\"\" if the value of the house skyrockets in a short time. Then you can borrow against your appreciation. But be careful, because \"\"sky rockets\"\" (in housing and elsewhere) often fall to earth. But this does represent another way to build up equity by owning a house.\""}
{"_id": "14111", "title": "", "text": "If you've already used TurboTax on your 2015 taxes, you can use the numbers TurboTax gave you as your reasonable estimate.  Line 4 is your estimate of total tax liability for 2015. This would be line 63 of form 1040. This is Federal income tax only, not Social Security tax.  Line 5 is the total of tax payments you made last year. You should be able to read this off your W-2 forms, Box 2. It corresponds to line 74 on the 1040.  Line 6 is the difference between lines 4 and 5. You can't claim a refund on the extension, so if line 5 is more than line 4, enter 0. Otherwise, subtract line 5 from line 4, and enter it in line 6. This is the amount you should send in with the form to minimize any penalty due with your taxes later.  The TurboTax software can generate this extension form automatically, I believe.  Also, don't forget to give a copy of this extension form to your tax preparer. He will need to know the amount you sent in."}
{"_id": "14133", "title": "", "text": "You haven't seen one because you haven't looked for one properly. You can set a google alert for stock split and get information about major issues splitting their stocks quite regularly, as well as a daily dose of recommendations from people without a say in the matter for big companies to split their stock. Stock splits are announced in advance by company management."}
{"_id": "14135", "title": "", "text": ""}
{"_id": "14142", "title": "", "text": "So we can lower your taxes, although at a cost of say 4 million federal employees. Now the fun begins... your market is flooded with new employees, so many people applying there isn't a reason to keep you at your pay. It's 2008 again, you lost your job, your $30 an hour job now pays $17, and you're unemployed, but at least your tax bracket went down."}
{"_id": "14145", "title": "", "text": "First thing they should do is STOP CALLING AND MAILING THOSE OF US WHO HAVE DONATED.  I get a call every night (which I do not answer) and a piece of mail every week.  I know the labor for the calls is mostly volunteer BUT YOU'RE PISSING US OFF (I have friends saying the same thing).    Once we give, thank us and get back to us maybe a month or more later, or at crucial times.  NOT EVERY FUCKING NIGHT, k?"}
{"_id": "14162", "title": "", "text": "\"In a way I would almost welcome it becuase ibeleive the outrage from so many millions might actually generate the groundswell public reaction we need to drastically limit software patents.  It's outrageous.    U.S. Patent No. 5,946,647 on a \"\"system and method for performing an action on a structure in computer-generated data\"\" (in its complaint, Apple provides examples such as the recognition of \"\"phone numbers, post-office addresses and dates\"\" and the ability to perform \"\"related actions with that data\"\"; one example is that \"\"the system may receive data that includes a phone number, highlight it for a user, and then, in response to a user's interaction with the highlighted text, offer the user the choice of making a phone call to the number\"\")  every fing computer has done that for ever.    U.S. Patent No. 6,343,263 on a \"\"real-time signal processing system for serially transmitted data\"\" (while this sounds like a pure hardware patent, there are various references in it to logical connections, drivers, programs; in its complaint, Apple said that this patent \"\"relates generally to providing programming abstraction layers for real-time processing applications\"\")  so vague as to be anything apple wants yet so low level that obviously premempted by every prior serial data receiver which is every analog and digital radio receiver EVER.\""}
{"_id": "14172", "title": "", "text": "dont dare throw facts into their preconceived notions that unions are always evil and at fault for everything on the planet.  I wonder how mister police offices pay compares to the top 1% when you look at disparity between ceo and cop pay today, versus 1950... I'm betting(but am not claiming like right wingers do), I am betting that if you look at it percentagewise in the form of disparity, it is this cop who is earning closer to the correct pay, it just seems way high as we have gotten used to lower pay, less benefits and two people working in every family."}
{"_id": "14185", "title": "", "text": "Your link is pointing to managed funds where the fees are higher, you should look at their exchange traded funds; you will note that the management fees are much lower and better reflect the index fund strategy."}
{"_id": "14190", "title": "", "text": "I think Microsoft is far from being the next IBM. Keep in mind mobile hardware isn't for everyone, even Amazon abandoned it.  Microsoft has done a great job with their cloud platforms, revamping the microsoft office suite to compete with google's, their entire surface line of laptops and tablets, purchasing linkedin, etc.  I would say they are making the right and relevant moves to not only stay relevant but shake up the status quo that they were living in for a long time."}
{"_id": "14216", "title": "", "text": "We don't know how to make money in the stock market, therefore no one should be allowed to.  ~Fuckers  If Bill Gates wants to give the government some of his money, [here's the form](https://www.pay.gov/paygov/forms/formInstance.html?agencyFormId=23779454).  If he wants to give the government some of other peoples' money, he should shut the hell up."}
{"_id": "14219", "title": "", "text": "\"Consumer facing finance is heavily regulated. You are liable for the recommendations you make; if they are based on a black box you risk problems when sued. It is difficult to explain in a court of law why a neural network came to a particular conclusion. It is much easier to provide advice (models) in the \"\"educated counterparty\"\" market. Not only do institutional investors in general expect to pay for a quality advice (consumers in general expect to get online advice for free) but the legal implications are different.\""}
{"_id": "14255", "title": "", "text": "Yes you can claim your business deductions if you are not making any income yet. But first you should decide what structure you want to have for your business. Either a Company structure or a Sole Trader or Partnership. Company Structure If you choose a Company Structure (which is more expensive to set up) you would claim your deductions but no income. So you would be making a loss, and continue making losses until your income from the business exceed your expenses. So these losses will remain inside the Company and can be carried forward to future income years when you are making profits to offset these profits. Refer to ATO - Company tax losses for more information. Sole Trader of Partnership Structure If you choose to be a Sole Trader or a Partnership and your business makes a loss you must check the non-commercial loss rules to see if you can offset the loss against your income from other sources, such as wages. In order to offset your business losses against your other income your business must  pass one of these tests: If you don't pass any of these tests, which being a start-up you most likely won't, you must carry forward your business losses until an income year in which you do pass one of the tests, then you can offset it against your other income. This is what differentiates a legitimate business from someone having a hobby, because unless you start making at least $20,000 in sales income (the easiest test to pass) you cannot use your business losses against your other income. Refer to ATO - Non-commercial losses for more information."}
{"_id": "14262", "title": "", "text": "\"1. That's a really complicated answer. In short, I think we need to make accounting rules much simpler (I say this as an accountant) in combination with financial education in K-12 school. Most adults in this country can't tell you which is a better investment: something that returns 5% monthly or something that returns 10% annually. They don't know that accounting income and cash flow are different things and what they mean. Accounting rules are sometimes ridiculous. Look at the balance sheet of even a moderate size company. What's in \"\"Other Comprehensive Income\"\" and why is that different than net income? Why is it that American Airlines, one of the largest airlines in the world doesn't have a single airplane on their balance sheet?  2. That might be a step in the right direction, but I'm just not sure how effective something like that would be. More comprehensive might be better, but then there's going to be less people that want to take the time.\""}
{"_id": "14277", "title": "", "text": "Best as i can tell, the simple answer is: the smartest approach to investing for dividends is to pick a company that is, has, and will continue to make a solid profits. there are lots of them out there. specifically, companies with no debt, a history of long-term and steady growth and a stable market share will, almost always recoup any drop in stock valuation due to a dividend payout...and usually in short order. this is why dividends were created...as a mechanism for distributing profits back to investor without diminishing thier stake in the company. the trick then, is to find such companies with the best ratio between stock price and dividend payout. and again, there are a lot of good options out there.  All the trepidation is justified however, as many unscrupulous companies will try to pull investors in with high dividends as a means to simply generate capital. these companies have few of the quality attributes mentioned above. instead, High debt, fluctuating or negative profits, minimal market share or diminishing growth present a very risky long term play and will be avoided by this conservative investor."}
{"_id": "14286", "title": "", "text": "\"My answer has nothing to do with tax brackets or mathematics (I'm taking advantage of the leeway your question allowed), but rather it has to do with career goals and promotion.  Large companies often have large \"\"Policies & Procedures\"\" booklets to go with them.  One policy that sometimes exists which would make it a bad idea to accept a raise is: Employee cannot be given more than one   salary increase in a 12-month period This means that if you accept a standard-of-living or merit increase of say, 2% or 3% in April, and then you apply for a job that would otherwise warrant a pay grade increase, you may be forced to wait until the following year to get bumped to the proper pay grade. Of course, this totally depends on the company, but it would be advisable to check your company's H.R. policy on that, if you're considering a move (even a lateral one) in the future.\""}
{"_id": "14299", "title": "", "text": "Capitalism is a fine way to distribute resources and spur innovation... so long as it's not the only game in town. If we could provide medicine, food, clothing, shelter, and internet access to every person in the country, then it hardly matters how callous and Randian the employment market is."}
{"_id": "14313", "title": "", "text": "It is true that it may be somewhat of a loss. I would not lose any money with the other options as I have already made my money back but I would be at a loss as far as time investment goes. I agree number 1 is most logical but emotionally my heart is just not in it anymore that is why I put 2 and 3 in there too."}
{"_id": "14317", "title": "", "text": "There is no common sense in Michigan and money does reveal character. Take a Michigan based business for example of more outrageous behavior that our State reps overlook. Frankenmuth Insurance company located in Frankenmuth Michigan purports in its commitment statement to policyholders to:   Frankenmuth Insurance built a solid foundation adhering to its fundamental  principles of honesty, integrity, unsurpassed customer service and conservative  business practices.   With much emphasis on Corporate Governance and common sense, this company located in Frankenmuth Michigan regularly violates its own commitment to policyholders by engaging in egregious conflicts of interest with board members that not only lack integrity, but are of blatant poor judgment for personal gain and detrimental to policyholders.  The only policyholders invited to their annual policyholder meetings are employees and retirees of the company so that no one will vote against or challenge their elections.  The board members are taken on annual trips with their spouses the week of the annual board meeting wherein on the last day, they (the board) are asked to vote on executive pay and bonuses. After a week of being wined and dined at exclusive resorts such as the One and Only Palmilla in Cabo and the Winn in Vegas the Frankenmuth executives know that the board will give them exorbitant raises and bonuses which is information they again refuse to disclose because of the public outrage their behavior would cause, adversely impacting their business. Getting what they want from the board afforded CEO Stanton a 12,000 sq foot retirement home newly constructed on a 1 million dollar plot of land at Bay Harbor overlooking Lake Michigan.  One trip that Frankenmuth executives took 90 people on (those people were executives and spouses and agents and spouses) cost 5 million dollars for one week. That translates to about $53K per person. Bill Schutte pretends to care about the taxpayers dollars and how they are spent yet he thus far has refused to require Frankenmuth to disclose it's egregious spending of lavish trips and entertainment and or investigate the clear conflicts of interest with its board that are costing the taxpayers of Michigan huge dollars in increased premiums. On top of all of this, Frankenmuth admittedly has a computer system that does not track its employees use of policyholder information meaning the public is not safe from potential identity theft nor is the company safe from internal theft.  Frankenmuth uses credit reports to jack prices of policyholders up - someones credit has no bearing on their ability to drive and the executives are laughing all the way to the bank with the board in their pocket from canned elections."}
{"_id": "14339", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Shortage Of IPhone X For Preorder](https://np.reddit.com/r/talkbusiness/comments/78ap8v/shortage_of_iphone_x_for_preorder/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "14349", "title": "", "text": "If you want to store that much money, find a good hiding place. (E-mail me the location.  I'll keep it a secret.  I promise!) But I think instead you want to invest that much money, in a cash-like liquid form. You can do $250,000 in a bank (beyond 2012) and then spread the rest over some big-name brokerages with money market accounts. But, as JohnFx pointed out, with that much cash you can do amazing things with it.  Think bigger."}
{"_id": "14352", "title": "", "text": "Norman Brodeur Williams wrote his first prize winning novel at the age of 28, which was highly valued by readers. Thought experts did not leave him from criticizing. This story moves around a man who is dealing with his luck, community and its traditions. Fighting to come out of the false traditions made by the community he got his response one night that absolutely transformed his life. The story is all relevant to the key of that night."}
{"_id": "14353", "title": "", "text": "thanks for the reply.  I just graduated and I'm having a lot of difficulty getting any solid job.  I guess I will pick firms in the area like MS, trowe, and see what would be best.  My contact who told me to do this said it's very important to be passionate about it though...perhaps even if I pick a more targeted stock it won't be too valuable given my inexperience?"}
{"_id": "14362", "title": "", "text": "\"&gt; Most of the people that promote these types of ideas are selling something that has an inverse correlation with the market, so they hope to get others to buy in and drive up prices for them so they can cash out.   Isn't this super common in online finance communities?  It is in Norway, so much so we have words for them. \"\"Hausing\"\" a person bullshitting about a stock so people will buy it, so he can sell. And \"\"Baising\"\", a person talking shit about a stock so people will sell, because he wants to buy.    Its insane the depth this, essentially trolling, happens.\""}
{"_id": "14364", "title": "", "text": "Yes, you would have to report the gain. It is not relevant that you traded the stock previously, you still made a profit on the trade-at-hand. Imagine if for some reason this type of trade were exempt. Investors could follow the short term swings of volatile stocks completely tax-free."}
{"_id": "14368", "title": "", "text": "Have you actually read the Wikipedia article? To calculate the DJIA, the sum of the prices of all 30 stocks is divided by a divisor, the Dow Divisor. The divisor is adjusted in case of stock splits, spinoffs or similar structural changes, to ensure that such events do not in themselves alter the numerical value of the DJIA. Early on, the initial divisor was composed of the original number of component companies; which made the DJIA at first, a simple arithmetic average. The present divisor, after many adjustments, is less than one (meaning the index is larger than the sum of the prices of the components). That is: DJIA = sum(p) / d where p are the prices of the component stocks and d is the Dow Divisor. Events such as stock splits or changes in the list of the companies composing the index alter the sum of the component prices. In these cases, in order to avoid discontinuity in the index, the Dow Divisor is updated so that the quotations right before and after the event coincide: DJIA = sum(p_old) / d_old = sum(p_new) / d_new The Dow Divisor was 0.14602128057775 on December 24, 2015.[40] Presently, every $1 change in price in a particular stock within the average, equates to a 6.848 (or 1 \u00f7 0.14602128057775) point movement. Knowing the old prices, new prices (e.g. following a split), and old divisor, you can easily compute the new divisor... Edit: Also, the detailed methodology is published by SP Indices (PDF). Edit #2: For simplicity's sake, assume the DJIA is an index that contains 4 stocks, with a price of $100.00 each. One of the stocks splits 2:1, meaning the new price/share is $50.00. Plugging the numbers into the above equation, we can determine the new Dow Divisor: 400 / 4 = 350 / d => d = 3.5"}
{"_id": "14382", "title": "", "text": "\"I can guarantee you that no one in IBanking and consulting is pulling in a 110k base. Even 75 is really pushing it in this market. 70k base is standard on the street and some bansk have been dropping it to 65. And you won't be working at a \"\"legit\"\" hedge fund or prop shop straight out of undergrad.   Source: I work in the industry.\""}
{"_id": "14383", "title": "", "text": "The wealthiest man is not the one who has the most, but who needs the least."}
{"_id": "14409", "title": "", "text": "I hate to sound harsh, but he's right. No technology, innovation, service or product can overcome your own lack of discipline. That doesn't mean you should give up, though - just like everything else, financial discipline is a learned skill, not something we're born with.  Everyone can learn to be financially responsible. If you find you can't keep track of your expenses, try merely saving your receipts.  Whenever you get home, pull them all out of your pockets, and look over how much you spent.  Once you get to the point where you're consistently keeping your receipts, start keeping a register (either paper or electronic) that you update when you empty your pockets.  From there, you can begin tracking how much you spend in various categories, and being setting budgets and adjusting your spending habits. It's not easy, but it's something that we all have gone through.  Keep at it, and you can succeed in turning your finances around."}
{"_id": "14421", "title": "", "text": "&gt;implicitly through their fee structure.  Index ETF and stock trades cost the same at Robinhood (free).  Do you believe Robinhood (and other brokers) should charge a fee for single stock trades to discourage investors from purchasing them over index ETFs?  Honestly, I'm not saying this idea is right or wrong.  It's an interesting proposition."}
{"_id": "14437", "title": "", "text": "Synowledge\u2019s highly capable subject matter expert\u2019s team can help you to produce clear, suitable regulatory documents, detailing all aspects of the drug development process and CMC. Synowledge provides appropriate subject matter domain-based process expertise to enable all life sciences organizations to fully satisfy their regulatory obligations and responsibilities."}
{"_id": "14440", "title": "", "text": "\"Sure the LBTA has outperformed LVOL recently but they are very similar (Just look at their underlying indices going back to 2007) - they underperform in good markets and tend to outperform more than they underperformed in down markets.  The article should be saying something more like: \"\"Recent outperformance of LBTA is due to sector specific bets of the ETF\"\"  And the article fails to point out that LBTA is so low volume that it even has trouble tracking its underlying index on a day to day basis. (LVOL is also very low volume, but it's still significantly better than LBTA).\""}
{"_id": "14460", "title": "", "text": "This is probably one of the shittiest articles I've seen on this sub in a while.  Automation of panera has been happening for over 10 years. The author might as well start saying child labor was an honest living for kids and those laws are cruel. &gt;Fresno Bee reporter Jeremy Bagott says that even some of San Francisco\u2019s best restaurants fall prey to higher minimum wages. One saw its profit margins fall from 8.5 percent in 2012 to 1.5 percent by 2015.  Sample size of fucking 1. Over the wrong years. San Francisco wages went from 10.24 to 11.05 during that period.  But please let this site go on about alternate facts and mainstream media lies."}
{"_id": "14461", "title": "", "text": "For a company listed on NASDAQ, the numbers are published on NASDAQ's site. The most recent settlement date was 4/30/2013, and you can see that it lists 27.5 million shares as held short.  NASDAQ gets these numbers from FINRA member firms, which are required to submit them to the exchange twice a month: Each FINRA member firm is required to report its \u201ctotal\u201d short interest positions in all customer and proprietary accounts in NASDAQ-listed securities twice a month. These reports are used to calculate short interest in NASDAQ stocks. FINRA member firms are required to report their short positions as of settlement on (1) the 15th of each month, or the preceding business day if the 15th is not a business day, and (2) as of settlement on the last business day of the month.* The reports must be filed by the second business day after the reporting settlement date. FINRA compiles the short interest data and provides it for publication on the 8th business day after the reporting settlement date."}
{"_id": "14463", "title": "", "text": "\"You really don't know how credit scoring works. Let's think about the purpose of a credit score: to assess whether you're a high default risk. A lender wants to know, in this order: Utilization factors into the solvency assessment. If you are at 100% utilization of your unsecured credit, you're insolvent -- you can't pay your bills. If you are at 0%, you're as solvent as you can be. Most people who use credit cards are somewhere in the middle. When a bank underwrites a large loan like a mortgage or car loan, they use your credit score an application information like income and employment history to figure out what kind of loan you qualify for. Credit cards are called \"\"revolving\"\" accounts for a reason -- you're supposed to use them to buy crap and pay your bill in full at the end of the month.  My advice to you:\""}
{"_id": "14466", "title": "", "text": "Checking account holders must be aware that when you order bank checks online, you will be required to provide some sensitive personal and financial information. When I order my checks online, I make sure to think about the consequences of providing the information being demanded. Considering that identity theft remains  the top threat for checking account holders, it would be wise to pause for a moment before submitting the information."}
{"_id": "14472", "title": "", "text": "This is very insightful, I think. As an open question, consider what *downside* a nation (or bank) has to acknowledging bitcoin or other cryptocurrencies. Obviously nations may lose some monetary control by endorsing bitcoin, but I don't know if there's much of a downside for banks considering bitcoin's easy conversion in to USD.   If anything, I feel like most of the problems for banks surrounding cryptos would be regulatory."}
{"_id": "14478", "title": "", "text": "\"For many people, giving to charity will have minimal effect on their taxes. Non-profits love to attract donations by saying the money is tax deductible, but for most people, it doesn't work out that way. You will only itemize deductions if they exceed your standard deduction. The IRS allows you to either \"\"itemize\"\" your deductions (where you list each deduction you can take) or take the \"\"standard deduction\"\". Consider a married couple filing jointly in 2011. Their standard deduction is $11,400. They are in the 28% tax bracket. They donate $100 of old clothes to the Goodwill, and are looking forward to deducting that on your taxes, and getting $28 of that back. If that's their only deduction, though, they'd have to give up the standard deduction to take the itemized deduction. Not worth it. Suppose instead they have $11,500 of deductions in 2011. Now we're talking, right? No. The tax impact of itemizing is only $28, since they only exceeded the standard deduction by $100. The cost of having a tax accountant fill out the itemization form probably offsets that small gain. There's also all the time that went in to tracking those deductions over the year. Not worth it.  Tax deductions only become worthwhile when they significantly exceed the standard deduction. You need some big ticket items to get past the itemized deduction threshold. For most people, this only happens when they have a mortgage, as the interest on a residence is deductible.  Folks love to suggest that having a mortgage is a good deal, because the interest is deductible. However, since you have to exceed the standard deduction before it makes sense to itemize, it's not likely to be a big win. For most people: TL;DR: Give to charity because you want that charity to have your money. Tax implications are minimal; let your accountant sort it out. Disclaimer: I am not an accountant.\""}
{"_id": "14484", "title": "", "text": "\"Not necessarily. Shorting XOM is saying that EM (china + india) are going to have a \"\"slowdown\"\" (not neg growth but slower) and that US is going to pick up a lot slower.  Selling JNJ means the manager is overall bearish but doesn't have that much conviction (otherwise he would sell XOM or SPY), but still wants that negative exposure.  Personally, both are just plays on SPY with increased risk (XOM) or decreased risk (JNJ).\""}
{"_id": "14488", "title": "", "text": "Depending on the improvement, you have to amortize or depreciate it over time, which effectively allows you to write off the value over a period of years, even if you pay for it all up front. This messes with cash flow, which is different than profitability, but when you span the write off over five or ten years, the distinction between cash flow and profitability for a private, self funded company is irrelevant. If the money ain't there, the money ain't there. Operating capital is life blood.  Taxes also alter the ROI equation of the investment, since you don't keep all the money you put in.  Way over simplified example: Lets say I close out the year with some arbitrary profit - ten million bucks - in my war chest. 3.5 could go to taxes. I also know that my supplier can't handle my volume for next year while the season is hot, so I'd like to buy inventory in the off season. Last year I sold 6.5 mill worth of stuff from this supplier, but I estimate I could sell 9-10 mill if I didn't have availability problems. If I buy 9-10 mill in inventory, I can't pay taxes. If I pay taxes, I can't buy enough to grow next year.   Sure, COGS is a deductible expense, but the expense isn't realized until the inventory is sold, which won't be until long after these taxes are due.  I now have taxes interfering with my expansion, even though eventually I can write that off.  Now lets look at the manufacturer - sure he could expand his capacity and make more money, but he has to deduct the 5 mill machine he needs over twenty years (or ten or whatever) while the purchase price needs to be made today. This year he's gonna pay tax on 90 or 95% of the money he used to buy that machine, which would eat into the money he needs to buy raw materials to fill orders he already has.  Of course, the real world is much more complicated, and you can leverage leasing agreements and purchasing terms to alleviate this to some extent, but I wanted to illustrate a point. I hope my extremely simplified example communicated what I mean.  Does that make sense?"}
{"_id": "14491", "title": "", "text": "Royal White Marmo started in year 2005 at Rajsamand, Rajasthan. Royal White Marmo Pvt Ltd is exporter/ importer, manufacturer, supplier of White marble, Morwad White and so on. - Royal White Marmo offers marble stones that are broadly demanded for its features. We provide these stones in different colors, sizes, patterns and shapes which can be modified according to the client\u2019s choice or demands. http://www.slideserve.com/royalw/indian-marble-7577746"}
{"_id": "14493", "title": "", "text": "\"I'm not sure there's a good reason to do a \"\"closing the books\"\" ceremony for personal finance accounting. (And you're not only wanting to do that, but have a fiscal year that's different from the calendar year? Yikes!) My understanding is that usually this process is done for businesses to be able to account for what their \"\"Retained Earnings\"\" and such are for investors and tax purposes; generally individuals wouldn't think of their finances in those terms. It's certainly not impossible, though. Gnucash, for example, implements a \"\"Closing Books\"\" feature, which is designed to create transactions for each Income and Expenses account into an end-of-year Equity Retained Earnings account. It doesn't do any sort of closing out of Assets or Liabilities, however. (And I'm not sure how that would make any sense, as you'd transfer it from your Asset to the End-of-year closing account, and then transfer it back as an Opening Balance for the next year?) If you want to keep each year completely separate, the page about Closing Books in the Gnucash Wiki mentions that one can create a separate Gnucash file per year by exporting the account tree from your existing file, then importing that tree and the balances into a new file. I expect that it makes it much more challenging to run reports across multiple years of data, though. While your question doesn't seem to be specific to Gnucash (I just mention it because it's the accounting tool I'm most familiar with), I'd expect that any accounting program would have similar functionality. I would, however, like to point out this section from the Gnucash manual: Note that closing the books in GnuCash is unnecessary. You do not need to zero out your income and expense accounts at the end of each financial period. GnuCash\u2019s built-in reports automatically handle concepts like retained earnings between two different financial periods. In fact, closing the books reduces the usefulness of the standard reports because the reports don\u2019t currently understand closing transactions. So from their point of view it simply looks like the net income or expense in each account for a given period was simply zero. And that's largely why I'm just not sure what your goals are. If you want to look at your transactions for a certain time, to \"\"just focus on the range of years I'm interested in for any given purpose\"\" as you say, then just go ahead and run the report you care about with those years as the dates. The idea of \"\"closing books\"\" comes from a time when you'd want to take your pile of paper ledgers and go put them in storage once you didn't need to refer to them regularly. Computers now have no challenges storing \"\"every account from the beginning of time\"\" at all, and you can filter out that data to focus on whatever you're looking for easily. If you don't want to look at the old data, just don't include them in your reports. I'm pretty sure that's the \"\"better way to keep the books manageable\"\".\""}
{"_id": "14496", "title": "", "text": "\"Social media and word of mouth are going to be your best friends. Build yourself a good reputation for quality and good social skills. \"\"Hair designing\"\" is a big part of your job but so is socializing. You have to build relationships with people in the service industry to keep them coming back as a general point.   My suggestion is to focus on the clientele you have remaining and strengthen your relationship with them. They will pass on the word of how well you're doing and how they really like to use you.   In the mean time to build more clientele, try taking to social media. Share photos of your work (with your clients' permission) and offer special deals for people who follow you. Maybe offer 50% off the first visit for the next 5 new clients or something like that. Yeah, you're going to earn less money on those clients for those visits, but you may gain a long term client or 2 out of the deal.   If that fails, you might try to get on with an established salon through a place like JC Penny or great clips, something like that... until you can build a bigger clientele.   All of the successful hair designers I know have several things in common - talented, sociable, empathetic, great pricing, nice atmosphere and a killer ongoing portfolio.   Good luck\""}
{"_id": "14511", "title": "", "text": "They were kind and let you extend the repayment time on the loan. But that does mean additional interest accumulated during that additional time. You agreed to this; you can't change the contract now. What you can do is find the money to pay off the loan faster, to reduce the total amount of interest you'll be charged."}
{"_id": "14518", "title": "", "text": "\"The Fed didn't \"\"signal\"\" anything. They did not do any analysis. They merely took a pole of consumer opinion.   The article should have said \"\"Poll Shows Americans Believe they Are No Better Off than Five Years Ago.\"\" But that would be less exciting.\""}
{"_id": "14538", "title": "", "text": "Of course you don't need to take a mortgage - if you happen to have enough cash (or other assets) to pay your sister her share, or if she is willing to take it in installments over the next years. Mortgages are not needed to buy houses, but to pay for them - subtle difference. If you can pay - in whichever agreed way - without a mortgage, you won't need one."}
{"_id": "14543", "title": "", "text": "What you are suggesting would be the correct strategy, if you knew exactly when the market was going to go back up. This is called market timing.  Since it has been shown that no one can do this consistently, the best strategy is to just keep your money where it is.  The market tends to make large jumps, especially lately.  Missing just a few of these in a year can greatly impact your returns.  It doesn't really matter what the market does while you hold investments.  The important part is how much you bought for and how much you sold for.  This assumes that the reasons that you selected those particular investments are still valid.  If this is not the case, by all means sell them and pick something that does meet your needs."}
{"_id": "14598", "title": "", "text": "&gt;[**\u041d\u041e\u0412\u0418\u041d\u041a\u0410!!! \u041f\u0440\u043e\u0435\u043a\u0442 Btchash ! \u0421\u043f\u043e\u0441\u043e\u0431 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u043d\u0430 \u0430\u0432\u0442\u043e\u043c\u0430\u0442\u0435! \u041f\u043e\u043f\u0440\u043e\u0431\u0443\u0439 \u0421\u0410\u041c ! [5:35]**](http://youtu.be/OKXRKZvkAhM)  &gt;&gt;\u041f\u0440\u0438\u0432\u0435\u0442\u0441\u0442\u0432\u0443\u044e \u0412\u0430\u0441 \u0434\u0440\u0443\u0437\u044c\u044f! \u0412 \u044d\u0442\u043e\u043c \u0412\u0438\u0434\u0435\u043e, \u043f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u043b\u0435\u043d \u043f\u0440\u043e\u0435\u043a\u0442, \u043d\u0430 \u043a\u043e\u0442\u043e\u0440\u043e\u043c \u043c\u043e\u0436\u043d\u043e \u0437\u0430\u0440\u0430\u0431\u0430\u0442\u044b\u0432\u0430\u0442\u044c \u043d\u0430 \u043f\u043e\u043b\u043d\u043e\u043c \u0430\u0432\u0442\u043e\u043c\u0430\u0442\u0435  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^4 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "14603", "title": "", "text": "\"Given the place of games in mainstream culture, you won't be astonished to find that the interest for games tickets for an extensive variety of occasions has soar as of late. The NBA basketball is more popular in the USA. NBA b-ball round out the \"\"real four\"\" associations. In case you're attempting to locate the best NBA playoffs ticket at sensible costs, Eticket Pros is the place to be. We've assembled an amazing determination of tickets for the NBA's most smoking groups, without a moment to spare during the current year's playoff activity.\""}
{"_id": "14605", "title": "", "text": "Supplier of\u00a0Quartz\u00a0Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php Supplier of Quartz Grit in India, Manufacturer of Quartz Grit in India - Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. Usage of Quartz Grit in tiles, Ferro alloys, Ferro silicon, Ferro chrome, oil drilling, artificial granites, and electrical industries. Other applications of quartz grit are in steel industries, sugar refining, dairy farms, paper industries, chemical industries and water treatment plants."}
{"_id": "14609", "title": "", "text": "\"ITR-4 is for incorporated business. For freelancing, You can fill ITR 2 and declare the freelancing income as \"\"income from other source\"\". Refer to the Income Tax website for more details\""}
{"_id": "14619", "title": "", "text": "It's good friend. You seemed like a nice person when I was glancing through your history, which isn't what I could gather from the other guy (or what a person could probably gather from mine).   I'm just on edge for a midterm today, and spent far too much time sharpening the fangs in my reply last night.  I have Turkish nephews because my sister married a Turkish exchange student some years ago.  I remember staring at my screen one afternoon almost exactly a year ago, and worrying over them because I couldn't contact her during the first hours of the coup. Having to live in a country like that would be extremely unsettling for me.  I wish you the best of luck."}
{"_id": "14624", "title": "", "text": "\"I mean, this would apply to every person of any consequence in the country ever.  Every president, every fed chair of every branch, every lead economist, every senator. There is *always* some \"\"moron\"\" who thinks they know better for some simple reason.  If someone proposes stimulus, there's some guy somewhere that's like \"\"This guy is a fool.\"\" If the same guy the next day proposes austerity measures, some other guy will be like \"\"You're missing a very simple and obvious thing that I learned on the internet.\"\"  So. I would assume that Bernanke would answer your question with a simple \"\"No. There's a reason why I'm the Fed chair, and they are not.\"\" It's when the people of high mental fortitude begin to question his conclusions that he needs to worry.  I do think he has a responsibility to back up his actions with results, though.\""}
{"_id": "14639", "title": "", "text": "Note that folks may also be shopping for supplies for a nonprofit tax-exempt organization. I made such a purchase a few weeks ago. Whatever the legal basis of the exception,  you need to be able to prove to the store that you have it. If you can't,  they must collect the tax."}
{"_id": "14644", "title": "", "text": "\"Delta airlines like most of corporate america basically amounts to an organization of thieves. They wasted 2 hours of my time with this same bait and switch tactic this author wrote about. You hit purchase button, and the fair goes up \"\"due to demand\"\".  Just like the author I went back through the website and tried to buy the ticket again, which was still being advertised at the original price only to have the same message at the end of the process, saying \"\"due to demand the ticket price has gone up\"\"  Charlatans, thieves, assholes! Wasted so much of my time today! How can this be legal??? I hope Delta goes out of business. They certainly wont get any more of mine!\""}
{"_id": "14661", "title": "", "text": "I hope I'm not reading this correctly.  'The rules and regulations that were put in place to stop the 2008 meltdown of the world economy from happening again are being rolled back by US President Trump.'    Does that mean that world economy can be fucked again by Trump?"}
{"_id": "14662", "title": "", "text": "I doubt it, they never knew who those loans belonged to even a decade ago . .there is no way the underlying assets even if identifiable will be performing or marketable.  It was a simple bank fraud, where banks bundled up all their worthless shit in alphabet soup and the rating agencies rated it aaa and it blew up . . its still the same worthless shit"}
{"_id": "14679", "title": "", "text": "They're not just giving away money because they're nice, they're doing what they think (or hope) is a good business decision. Even if they lost money on that particular transaction, there are still positive effects such as OP telling the story about how great BestBuy is which will get more people in their stores, many of which won't be as rigorous in their price checking or will possibly buy other items once they're in the store.  You can't look at one sale in a vacuum to make a determination like that."}
{"_id": "14680", "title": "", "text": "Wal-Mart? How are they going to compete with this monster. Grocery shopping is also a kind of social experience that it seems humans need. I'm no fan of walyworld taking out almost every small grocery store they can. Don't know,might get interesting. Hopefully get a price war going and then the customer will benefit."}
{"_id": "14683", "title": "", "text": "I'm all for short term help, but I don't think feeding people just enough money to exist for the rest of their life is really helping.  All it does is enable them a shitty existence instead of forcing them to find a better way."}
{"_id": "14687", "title": "", "text": "\"But do you know about a US state risking to go default now or in the past? Ultimately, a US state could go into default.  However, I doubt that such a scenario would be allowed to transpire. This seems to happen to California with some regularity.  That is, risking default.  What would happen is not quite well known: \"\"There is no provision for a state to go bankrupt,\"\" Kyser said. \"\"I don't think anyone really knows what will happen or even if the state will go into receivership if it does default. I can tell you this, officials are looking at all the (current) laws.\"\" (source) I believe that the answer to your question is that it could happen, but likely would not be allowed to occur.  The nature of the EU and US are quite different.  The individual states forming the US are not separate nations.  For better or for worse, the US is a stronger federation than the EU. (Something that is lamented at times when the Feds mess with the purview of the locals.)\""}
{"_id": "14688", "title": "", "text": "where did all this money come from?  Investing in a currency, whether it's bitcoin, gold, USD, or another country's currency, is a risky investment because the average trader loses money (after transaction fees). This is not true of the stock market, since successful companies actually produce wealth. So in short, money made from selling bitcoin comes from the people buying your bitcoins. why has bitcoin performed so well over the past year? This is an extremely difficult question to answer, but I can point out some of the most prominent factors. This last point is one of the biggest. With all the recent hype, more and more people want to try to get in on the action. No one can tell when or if the bubble will pop, though."}
{"_id": "14691", "title": "", "text": "\"It's never going to be a huge moneymaker. Trillian tried, but frankly Trillian existed because people didn't want to be running a bajillion different messengers and the big ones were open enough that it presented an opportunity for someone to make a single platform.  I'm still using Trillian because AIM and ICQ still work on it, but with AIM going down I'm probably gonna trash it. Trillian itself is pretty obnoxious these days and a lot of the \"\"features\"\" are pretty much trash. I just want something that has a minimal interface, allows for single contacts across multiple messengers to be logged in a unified way, and has a mobile offering that doesn't suck. It fails across the board.  All the \"\"newer\"\" messengers (FB, Discord, Skype, etc) don't allow worthwhile third party interaction, so we're back to the days of needing a half dozen things open and using resources to stay in touch -- and all of them have significant drawbacks as well.  Shit, IRC is looking damned good now that I think about it.\""}
{"_id": "14699", "title": "", "text": "I suppose it depends on how liquid you need, and if you're willing to put forth any risk whatsoever.  The stock market can be dangerous, but there are strategies out there that will allow you to insure yourself against significant loss, while likely earning you a decent return.  You can buy and sell options along with stocks so that if the stock drops, your loss is limited, and if it goes up or even stays where it's at, you make money (a lot more than 1% annually). Of course there's risk of loss, but if you plan ahead, you can cap that risk wherever you want, maybe 5%, maybe 10%, whatever suits your needs.  And as far as liquidity goes, it should be no more than a week or so to close your positions and get your money if you really need it. But even so, I would only recommend this after putting aside at least a few thousand in a cash account for emergencies."}
{"_id": "14728", "title": "", "text": "\"Yes, but it depends on WHICH other currencies the country's money is depreciating against, and to what extent.  This is why China \"\"pegging\"\" the renminbi/yuan to the dollar is an issue, it means Chinese goods do NOT become more expensive in the US.\""}
{"_id": "14731", "title": "", "text": "it's not a scam. it's not even too good to be true. frankly it's the lowest sign up bonus i've ever seen for a credit card. you would be better off signing up for a flagship card from one of the major banks (e.g. chase sapphire, citi double cash, discover it, amex blue). those cards regularly offer sign up bonuses worth between 400$ and 1000$.  however, you can't get all the cards at once. noteably chase has a fairly firm limit of 5 new cards per 24 month. the other banks have similar, less publicized limits on who they will approve for a new card.  so, by applying for this amazon card you are hurting your chances of getting far more lucrative sign up bonuses. it is however worth noting that those larger bonuses usually come with a minimum spending requirement (e.g. spend 1k$-3k$ in the first 3 months)"}
{"_id": "14732", "title": "", "text": "\"You uncle is liable to pay \"\"Capital-Gains\"\" tax. Essentially the sale price less of cost would be treated as gains. The gains are taxed at 10% without indexation and 20% with Indexation.  The capital gains tax can be avoided if your uncle invests the gains into specified \"\"Infrastructure bonds\"\" or buys another property within a period of 3 years. The funds need to be kept in a separate \"\"Capital Gains\"\" account and not a regular savings account till you buy another property within 3 years.\""}
{"_id": "14745", "title": "", "text": "My assumption here is that you paid nearly 32K, but also financed about 2500 in taxes/fees.  At 13.5% the numbers come out pretty close.  Close enough for discussion. On the positive side, you see the foolishness of your decision however you probably signed a paper that stated the true cost of the car loan.  The truth in lending documents clearly state, in bold numbers, that you would pay nearly 15K in interest.  If you pay the loan back early, or make larger principle payments that number can be greatly reduced. On top of the interest charge you will also suffer depreciation of the car.  If someone offered you 31K for the car, you be pretty lucky to get it.  If you keep it for 4 years you will probably lose about 40% of the value, about 13K. This is why it is foolish for most people to purchase a new vehicle.  Not many have enough wealth to absorb a loss of this size.  In the book A Millionaire Next Door the author debunks the assumption that most millionaires drive new cars.  They tend to drive cars that are pretty standard and a couple of years old.  They pay cash for their cars. The bottom line is you singed documents indicating that you knew exactly what you were getting into.  Failing any other circumstances the car is yours.  Talking to a lawyer would probably confirm this. You can attempt to sell it and minimize your losses, or you can pay off the loan early so you are not suffering from finance charges."}
{"_id": "14748", "title": "", "text": "\"That's great that you have saved up money. You are ahead of your peers. I would advise against investing in an index fund. The attraction of the idea is that you will get the same return as the base item. For example, an index fund of gold would supposedly give you the same return as if you bought gold. In reality this is not true. The return of an index fund is always significantly below the return of the underlying commodity. Your best strategy is to invest in something you know and understand. There are two books that can help you learn how to do this: \"\"One Up on Wall Street\"\" by Peter Lynch and \"\"The Intelligent Investor\"\" by Benjamin Graham. Buying, reading and following the guidance in these two books is your best investment of time and money.\""}
{"_id": "14765", "title": "", "text": "Transferwise is a new peer-to-peer service that's setup to lower fees for international money transfers: https://transferwise.com"}
{"_id": "14768", "title": "", "text": "No. The gain on RSU is not a capital gain, it is considered wages and treated as part of your salary, for tax purposes. You cannot offset it with capital losses in excess of $3000 a year. If you have RSUs left after they vest, and you then sell them at gain, the gain (between the vesting price and the sale price) is capital gain and can be offset by your prior years' capital losses."}
{"_id": "14769", "title": "", "text": "It was after Trump became the presumptive nominee.  But Thiel could have done it with any Republican candidate before or after this election - if his purpose was taxes/moving the Republican party to support gay marriage, he could have done it with literally ANY other candidate and not paid nearly as high of a personal cost.   Thiel saw an opportunity for America that was worth that cost to him."}
{"_id": "14771", "title": "", "text": "Earth hour isn't about saving money or the environment. It is just a feel-good publicity stunt."}
{"_id": "14776", "title": "", "text": "\"Yes, it is, but first let me address this sentence: my current withholding on my W4 is already at 0 so I can't make it   lower You definitely can make it lower. On W4, in addition to the allowances (that what you meant by \"\"already at 0\"\"), there's also a line called \"\"additional withholding\"\". There, you put the dollar amount that you want your payroll to withhold from your paycheck each pay period. So the easiest way to \"\"send\"\" a one time payment to the IRS, if you're a W2 employee, would be to adjust that line with the amount you want to send, and change it back to 0 next pay period. You can also send a check directly to the IRS - follow the instructions to form 1040-ES. That is exactly what that form is designed to be used for.\""}
{"_id": "14781", "title": "", "text": "\"Yes, you're still exposed to currency risk when you purchase the stock on company B's exchange. I'm assuming you're buying the shares on B's stock exchange through an ADR, GDR, or similar instrument. The risk occurs as a result of the process through which the ADR is created. In its simplest form, the process works like this: I'll illustrate this with an example. I've separated the conversion rate into the exchange rate and a generic \"\"ADR conversion rate\"\" which includes all other factors the bank takes into account when deciding how many ADR shares to sell. The fact that the units line up is a nice check to make sure the calculation is logically correct. My example starts with these assumptions: I made up the generic ADR conversion rate; it will remain constant throughout this example. This is the simplified version of the calculation of the ADR share price from the European share price:  Let's assume that the euro appreciates against the US dollar, and is now worth 1.4 USD (this is a major appreciation, but it makes a good example):  The currency appreciation alone raised the share price of the ADR, even though the price of the share on the European exchange was unchanged. Now let's look at what happens if the euro appreciates further to 1.5 USD/EUR, but the company's share price on the European exchange falls:  Even though the euro appreciated, the decline in the share price on the European exchange offset the currency risk in this case, leaving the ADR's share price on the US exchange unchanged. Finally, what happens if the euro experiences a major depreciation and the company's share price decreases significantly in the European market? This is a realistic situation that has occurred several times during the European sovereign debt crisis.   Assuming this occurred immediately after the first example, European shareholders in the company experienced a (43.50 - 50) / 50 = -13% return, but American holders of the ADR experienced a (15.95 - 21.5093) / 21.5093 = -25.9% return. The currency shock was the primary cause of this magnified loss.  Another point to keep in mind is that the foreign company itself may be exposed to currency risk if it conducts a lot of business in market with different currencies. Ideally the company has hedged against this, but if you invest in a foreign company through an ADR (or a GDR or another similar instrument), you may take on whatever risk the company hasn't hedged in addition to the currency risk that's present in the ADR/GDR conversion process. Here are a few articles that discuss currency risk specifically in the context of ADR's: (1), (2). Nestle, a Swiss company that is traded on US exchanges through an ADR, even addresses this issue in their FAQ for investors. There are other risks associated with instruments like ADR's and cross-listed companies, but normally arbitrageurs will remove these discontinuities quickly. Especially for cross-listed companies, this should keep the prices of highly liquid securities relatively synchronized.\""}
{"_id": "14795", "title": "", "text": "Postmodernist-marxist pushing agenda..    In reality democray is still the only option,  the key is an informed public..  And I think we are going through a big change with this now..   Why not make a paper related to public important knowledge on democratic issues, teach them how to make informed decisions..  That would be a real contribution to society,  this paper is filth."}
{"_id": "14802", "title": "", "text": "Doesn't appear to keep other companies from doing it successfully. Besides Sabian (Zildjian's spin off company), Paiste, Meinl &amp; Dream are a couple relatively recent cymbal manufacturers who, while not commanding the same market share, are nonetheless profitable and popular among drummers."}
{"_id": "14805", "title": "", "text": "Lol..the MSM is using the nazi card to discredit all of Trumps supporters. It isnt going to work because we dont support nazis. We support free speech and the right to assemble peacefully.  [We know who we are. Dont let them brand us with their vitriol and hateful rhetoric.](http://i.magaimg.net/img/15ug.jpg)"}
{"_id": "14812", "title": "", "text": "\"&gt;better off working a job wherein you actually produce something good for people to make money rather than just siphoning funds from others  FFS why do you even read /r/finance if this is the type of advice you're going to give? You're just as bad as the \"\"banksters\"\" if you think that quants contribute nothing of value.  If that's not what you mean, write more clearly next time.\""}
{"_id": "14815", "title": "", "text": "I worked on the Top Gear China special, we deliberately picked cars that were a bit shit but we were also very careful not to irk the Chinese public by openly mocking their vehicles, I think we were quite diplomatic.   That show was ten years ago, the Chinese cars I see today are incredibly incredibly better - the Chinese rivals (in terms of price) to the Hyundai Sonata are virtually on par with Jaguar/Mercedes in terms of interior environment. Weak in powertrains tho."}
{"_id": "14817", "title": "", "text": "\"All the other answers posted thus far discuss matters from the perspective of US tax laws and are unanimous in declaring that what the OP wants to do is indeed a very bad idea. I fully agree: it is a bad idea from the perspective of US tax laws, and is likely a bad idea from the perspective of Indian tax laws too, but what the OP wants to do is  (or used to be) common practice in India. In more recent times, India has created a Permanent Account Number (\"\"PAN number\"\") for each taxpayer for income tax purposes, and each bank account or investment must have the owner's (or first-named owner's, in case of a joint account) PAN number associated with it.  This most likely has decreased the popularity of such arrangements, or has led to new twists being used. The OP has not indicated the residence and citizenship of his family (or his own status for that matter), but if they are all Indian citizens resident in India and are Hindus, then there might be one mechanism for doing what the OP wants to do: apply for a PAN number in the name of the Hindu Undivided Family and use this number to carry out the investments in the name of the Hindu Undivided Family.  (There presumably are similar statuses for undivided families for other religions, but I am not familiar with them). There are lots of matters here which are more legal questions than personal finance questions: e.g. if the OP is a US tax resident, then the family presumably will not be able to claim Hindu Undivided Family status since the OP has been divided from the family for tax purposes (or so I think). Even if HUF status is available, the OP might not be able to act as the pater familias while his father is alive, and so on.  Consultation with tax lawyers, not just chartered accountants, in India is certainly advisable.\""}
{"_id": "14844", "title": "", "text": "Yeah, Target's failure was a special sort of scenario where they worked too quickly and made lots of important mistakes that ultimately doomed the venture.  Sears Canada's failure, on the other hand, seems to be a more traditional business failure."}
{"_id": "14846", "title": "", "text": "Agreed, most artist would *love* to get paid for their hobby. but that doesn't entitle them to profit. here's how I think of it - when the car was mass produced, railroads probably saw a huge drop in profits. the marketplace changed, and where once it was possible to turn a huge profit, now it was only possible to turn a portion of that profit. What if, in attempts to regain their profits, railroads pushed for regulations of the road so that only certain sized vehicles could drive on it? (Loose analogy, i know) The point is that the marketplace changes and NO ONE is *entitled* to profits for their work. Entertainment supply has skyrocketed with the internet and therefore it's value has diminished. But even still, hollywood and record labels make huge profits, look at how overpaid actors are. the industry can't expect to keep raking in these insanely inflated profits.  Other industries have to deal with similar problems, e.g. shoplifting. They chalk it up as a cost of doing business, and come up with creative ways to deter it. They could easily do this successfully with piracy (steam being the role model).  All in all, yeah, i think a sharing economy is a very healthy alternative. And maybe in the future films and such will be funded through crowdfunding methods such as kickstarter. But in the meantime we cannot allow these industries to influence legislation and introduce dangerous laws that infringe on the freedom of our internet. they seem to think that they have the RIGHT to maintain their already huge profits, and we need to put them back in their place."}
{"_id": "14851", "title": "", "text": "How about sperm donors? Did they choose how their sperm is used?   Did the children of that sperm and egg choose their parents?   How about animals? Do they choose their parents as well?   I have the family I have through pure luck. Unless there's some kind of heavenly website or registry that I'm not aware of, it's sperm and egg that make a child and nothing else."}
{"_id": "14862", "title": "", "text": "Get the best online shopping deals at shopallitems.com and gain excellent shopping experience. The craze of e-commerce sites has scaled high up! Allowing the customers to shop from their comfort zone, e-commerce shopping sites amazingly save time and effort spent for physical shopping. A trusted e-commerce shopping portal that offers a wide range of Electronics products online in uae at affordable price range is essential. If one wants to purchase any sports &amp; fitness products or any electronics items then selecting the dedicated section, one can select the products easily."}
{"_id": "14870", "title": "", "text": "If a company is public, and they record a 2016 profit of 100mil. Say there is shareholder A and shareholder B who are both wealthy and own 25% each of the company. Say the remaining 50% of shares are owned by a number of funds/small time investors.   So 2016 profits are 100mil, lets say there is a dividend. Can the company still award a larger share of profits to the two big shareholders? I.e. say 50 mil of the profits go into dividend payments and another 20 mil as retained earnings to be reinvested into future projects, can the remaining 30 mil of profits be split and given to shareholders A and B?"}
{"_id": "14875", "title": "", "text": "You should be able to convert this officially. As per RBI regulation an individual can hold upto USD 2000 eq for an unlimited period of time. See the point 14 on RBI FAQ's for Fx."}
{"_id": "14926", "title": "", "text": "It can take a while for inflation to seep into all aspects an economy and be felt by a consumer. Often, things that consumers use the most (like gasoline, wheat products, corn products, soy products, and sugar), are commodities spread across global markets with their own pricing which may be impacted by inflation in any given country.  Also, inflation can be beneficial in some ways. A $500/month mortgage payment was a big deal 30 years ago, and now would be considered trivial. That's entirely because of inflation.  Run-away inflation, where people are burning the currency to stay warm, is a different beast altogether. Be wary of people who conflate inflation, consumer pricing, and destructive currency devaluation, because they're not the same things."}
{"_id": "14931", "title": "", "text": "This depends very much on why A is making massive losses and how big they are in relation to B. If the group has a history of successfully launching profitable brands, and A is a new brand that has high expenses (production, marketing, etc.) but not yet generating much revenue, then despite the current losses it can be seen as a source of future profits. Or A might be established but currently undergoing an expensive remodelling that promises future success. Or B might simply be a huge cash cow that funds the losses of A out of petty cash."}
{"_id": "14951", "title": "", "text": "There is a distinct difference between 'having a degree' and 'being genuinely smart and business savvy'. If you're genuinely smart and business savvy you could theoretically break into the business world with no degree and make a decent salary. The trouble there is that many people aren't smart and business savvy until they get a degree.  On the other hand, it's very possible to get a degree and be completely oblivious about how to conduct your career (poor resume / interviewing skills, no business sense etc). In that case an MBA might not be totally useful (but probably still will be to a degree). However, if you ARE smart about how you conduct your career, an MBA should help you immensely."}
{"_id": "14954", "title": "", "text": "&gt; How long will that transition take?  I guess it'll be as long as it takes me to become proficient enough to have value to a company.  &gt; And why did you get into construction?  I like working with my hands and at the time it seemed like a good job with opportunity to gain skills that would help me in the future. It is and was, but at this point in my life, I feel the need to make a change.  &gt; You mentioned CC debt as building the trade deficit and that isn't entirely true  I don't think that's what I said. I'm just tying up loose ends by replying to unread comments right now. About to get back to learning. If you can find the quote, I can address it.  &gt; The deficit is a symptom/outcome of some of which you know, but the decisions businesses make to outsource doesn't just add to that, but builds a skill deficit. Manufacturing is a good example of businesses outsourced and that skill seeing less and less entry level work due to it, which inhibits choice of income.  That's correct.  &gt; As for wages, a lot of countries have minimum wage laws, but to suggest one or another is disastrous for an entire country ignores a variety of economic factors that lead to a crap economy.  I was referring to a $15/hr minimum wage thrust upon our current economy. A dark part of me would actually love to see a parallel universe where it gets implemented and watch the turmoil that happens as a result. But yea, I agree, there are other factors also fucking up our economy.  My belief that a minimum wage is bad is something that I've come to believe recently, and it doesn't come lightly. The reason that businesses have gone over seas is because our workers couldn't compete on wages. Those people aren't being forced at gunpoint to work (with the exception of things like diamond mining). They chose to get those jobs because it was preferable to the alternative. So, let's say we never allowed jobs to go overseas and forced them all to stay here with high wages. Now the people in those countries are in a situation that is *worse* than working for low wages. I don't see non-americans as worth more or less than americans as far as inherent human value. Nobody is given a choice where they are born. So, I say, open trade everywhere and eliminate the minimum wage so we can compete. Sorry, I haven't really fleshed this out in my own words until this post (like I said, it's a new way of looking at the world for me).  As a non-sequitur, here's something you might find interesting: https://www.youtube.com/watch?v=3eyJIbSgdSE"}
{"_id": "14956", "title": "", "text": "Ah, but that's not how the game is played. There are no free lunches, but there are lunches that are free (or mostly free) to individuals. As someone on the receiving end of a pension, your only objective is to lock in the highest average payout. The cost of that will be borne by shareholders and customers of the business so a higher number is always better right up to the point that the company folds. And... because of the PBGC, there is a discount on the risk of the company being dragged under by its pension costs. Even if the company goes under, the pensioners still probably get *something*. Likewise, it's in a company's best interest to underfund pensions as much as possible. Paying pensions from free cash flow keeps the least dollars tied up in poor investments, leaving the company the most room to manage its assets efficiently. Likewise, corporate bosses also know that they can be aggressive with  pension promises, because they are *allowed* to under-fund those liabilities. It's a taxpayer-backed boondoggle; just because taxpayers aren't paying up-front doesn't mean they aren't the lender of last resort: that's just a political reality. There's no IRABGC waiting to bail *my* ass out if the market crashes."}
{"_id": "14967", "title": "", "text": "you'll need 25k to start or 2k in multiple accounts, that way you have access to margin, and don't have to worry about Pattern day trading limits. Be right more than you are wrong. Go up look for 3x potential up vs down risk. Compound daily.  you can't double a penny every day every day for a month it becomes to difficult. but you can do 1%/day or maybe better. 2k compounded 1% every day becomes 75k at the end of a year (but you'll likely have to take weekends off, or look for other markets)"}
{"_id": "14980", "title": "", "text": "Lo m\u00e1s probable es que, a estas alturas, ya sepas perfectamente en qu\u00e9 consisten los microcr\u00e9ditos. Ahora bien, lo que quiz\u00e1 no sepas es que, en la actualidad, este tipo de alternativas de financiaci\u00f3n han llegado a alcanzar e incluso superar la cifra de los 1000 euros \u00a1Inf\u00f3rmate!"}
{"_id": "14986", "title": "", "text": "Lot of factors in play. We use a lot of local produce but we need the volume to support, so if all you have is a few pallets it's not worth the logistical cost to get it out to the stores. We also inspect all of our produce so it's not as simple as delivering it direct to our stores because we do not know the quality. Smaller farms will usually try to get with a packer or broker so they can sell as much as they can without having to do the business side themselves."}
{"_id": "14989", "title": "", "text": "I know this is heresy but if you have funds for significantly more   than 6 months of expenses (let's say 12 months), how risky would it be   to put it all into stock index funds? Quite risky as if you do need to dip into it, how fast could you get the cash? Also, do you realize the tax implications when you do sell the shares should you have an emergency? In the worst-case scenario, let's say you have a financial emergency   at the same time the stock market crashes and loses half its value.   You could still liquidate the rest and have sufficient funds for 6   months. Am I underestimating the risks of this strategy? That's not worst case scenario though. Worst case scenario would be another 9/11 where the markets are closed for nearly a week and you need the money but can't get the funds converted to cash in the bank that you can use. This is in addition to the potential wait for a settlement in the case of using ETFs if you choose to go that way. In the case of money market funds, CDs and other near cash equivalents these can be accessed relatively easily which is part of the point. A staggered approach where some cash is kept in house, some in accounts that can easily accessed and some in other investments may make sense though the breakdown would differ depending on how much risk people are willing to take. If it truly is an emergency fund then the odds of needing it should be   very slim, so why live with near zero return on that money? Something to consider is what is called an emergency here? For some people a sudden $1,000 bill to fix their car that just broke down is an emergency. For others, there could be emergency trips to visit family that may have gotten into accidents or gotten a diagnosis that they may pass away soon. Consider what do you want to call an emergency here as chances are you may not be considering all that people would think is an emergency. There is the question of what other sources of money do you have to cover should issues arise."}
{"_id": "14997", "title": "", "text": "I could be wrong, but I doubt that Bernie started out with any intention of defrauding anyone, really.  I suspect it began the first time he hit a quarter when his returns were lower than everyone else's, or at least not as high as he'd promised his investors they'd be, so he fudged the numbers and lied to get past the moment, thinking he'd just make up for it the next quarter.  Only that never happened, and so the lie carried forward and maybe grew as things didn't improve as he expected. It only turned into a ponzi because he wasn't as successful at investing as he was telling his investors he was, and telling the truth would have meant the probability that he would have lost most of his clients as they went elsewhere.  Bernie couldn't admit the truth, so he had to keep up the fiction by actually paying out returns that didn't exist, which required constantly finding new money to cover what he was paying out.  The source of that money turned out to be new investors who were lured in by people already investing with Bernie who told them how great he was as a financial wizard, and they had the checks to prove it. I think this got so far out of hand, and it gradually dragged more and more people in because such things turn into black holes, swallowing up everything that gets close. Had the 2008 financial crisis not hit then Bernie might still be at it.  The rapid downturns in the markets hit many of Bernie's investors with margin calls in other investments they held, so they requested redemptions from him to cover their calls, expecting that all of the money he'd convinced to leave with him really existed.  When he realized he couldn't meet the flood of redemptions, that was when he 'fessed up and the bubble burst. Could he have succeeded by simple investing in Berkshire?  Probably.  But then how many people say that in hindsight about them or Amazon or Google, or any number of other stocks that turned out similarly? (grin)  Taking people's money and parking it all in one stock doesn't make you a genius, and that's how Bernie wanted to be viewed.  To accomplish that, he needed to find the opportunities nobody else saw and be the one to get there first.  Unfortunately his personal crystal ball was wrong, and rather than taking his lumps by admitting it to his investors, his pride and ego led him down a path of deception that I'm sure he had every intention of making right if he could.  The problem was, that moment never came. Keep in mind one thing:  The $64 billion figure everyone cites isn't money that really existed in the first place.  That number is what Bernie claimed his fund was worth, and it is not the amount he actually defrauded people out of.  His actual cash intake was probably somewhere in the $20 billion range over that time.  Everything else beyond that was nothing more than the fictionalized returns he was claiming to get for his clients.  It's what they thought they had in the bank with him, rather than what was really there."}
{"_id": "15002", "title": "", "text": "If you own a medium sized or large online business, then buying or developing a shopping cart and integrating other required software with it will not solve your problem. You need a more extensive solution. Integrated ecommerce software consists of all the software you need in one place. You will can not only manage your online store."}
{"_id": "15007", "title": "", "text": "Wow.  I'm disappointed that they are actively striving to get more women into those positions instead of actively striving for a pure meritocracy, in which the best candidate gets the job.    An objective study didn't conclude what they wanted it to, so let's change the rules so we can put politics ahead of the truth."}
{"_id": "15019", "title": "", "text": "STEM activities which mean Science Technology Engineering and Math are the entire buzz in education. Kids enjoy finding out how things work out through hands-on projects, fun and educators love knowing that they are also preparing their students for their tech future. In this program, participants of STEM For Kids program will learn and know how to make a basic computer programs &amp; codes for games etc. Get more details on hands-on projects on STEM For Kids at: https://gamedesignsummitforkids.wordpress.com/2017/09/25/hands-on-projects-on-stem-for-kids-2/"}
{"_id": "15030", "title": "", "text": "Advantage: more money.  The financial tradeoff is usually to your benefit: Given these, for having your money locked up for the average length of the vesting periods (some is locked up for 3 months, some is locked up for nearly 0), you get a 10% return.  Overall, it's like a 1.5% bonus for the year, assuming you were to sell everything right away. Of course, whether or not you wish to keep the stock depends on how you value MSFT as an investment. The disadvantage lies in a couple parts:"}
{"_id": "15034", "title": "", "text": "They also eliminate the risk associated with that loan, and get the money back to find a loan to someone else, possibly at a higher rate. It really is just about financially neutral for them."}
{"_id": "15040", "title": "", "text": "\"&gt; They deficit spend. They increase prosperity and thus demand.  But what I'm saying is that there are more efficient ways of accomplishing this that doesn't involve any debt whatsoever. If the the debt money being spent is coming from your paycheck in the form of an increased cost of living then merely increasing the ratio of wages to capital returns would provide the same benefit without debt. In fact, this means of driving demand is so efficient that if you take it too far it'll drive stagflation when the cost to capital returns exceeds an optimal ratio.   &gt;The interesting side effect is, that they are making the economy do better  Yes, it certainly does over a limited number of years following the debt incurred. But it is ONLY an economic benefit because that same demand has already been taken from the economy in the form of wage suppression. As a ratio of returns and not absolute values. If those wage returns were too high relative to returns, like in the 1970s in the US, then driving more demand through debt spending would be the opposite of a benefit. It's ONLY a short term benefit because that demand has already been taken from your wages.  &gt;The government gives you more income than it takes from you in taxes.  This is true in more ways than one, and I'm not absolutely certain in which sense you mean it. In terms of say the earned income tax credit, it's nowhere near enough to cover the losses incurred through wage suppression. In terms of teachers, infrastructure up to a point, etc., these things have a productive return on investment.  &gt;Every bit of cut spending removes income from the population.  No. Not that the spending cuts being done are anything but harmful and costing the economy. But paying people to count flies on roadkill is not helpful at all. And if it results in a net positive it's because the economy is in a bad state of mismanagement, with wages (as an aggregate ratio of returns) too suppressed for a healthy economy. It's like cutting people and saying it benefits the economy by increasing the sale of band-aids and driving demand for doctors. Of course the band-aids help, but it doesn't mean the policies that makes it a benefit anything but a cost.   Once wages, as an aggregate ratio of returns, exceeds an optimal ratio, [like in the 1970s](http://www-tc.pbs.org/prod-media/newshour/photos/2012/12/06/Andrew_Smithers_chart_blog_main_horizontal.JPG), then every new increase in demand results in a new deficit in supply that cannot be met due to constraints on capital returns. I call this a supply constrained economy, as opposed to the demand constrained economy we now live in. In this kind of economic environment there would even be any short term benefits to funding consumption with debt.  So basically you have two choices. Make everybody wealthy enough to match supply, while trying not to exceed it to avoid triggering too much inflation and encouraging investment in new productive capacity. Or suppressing wage returns too much relative to total returns inducing excessively low, and potentially negative, inflation. Making almost everybody much poorer than necessary. Then trying to fix the imbalance between supply and demand through debt spending. I would call the second choice a fools choice.  But none of this means that funding for teachers, social workers, etc., should go away. These things need their funding, and we should be paying the taxes to fund them. Not pretending that debt spending will let of have our cake and eat it to. It's like a pot luck dinner in which people bring IOUs in place of dishes until people are leaving dinner hungry because there's not enough to go around.  &gt;Our economic trouble has nothing to do with efficiency and how much work needs to be done, and everything to do with how much money people have to spend.  That is in fact true in our present economic circumstances. But that situation was created by wage suppression relative to total returns in aggregate. But, as the 1970s demonstrated, the opposite can also be true. This realization is what drove the Reagan revolution. Only the Fed policy operates, monetary easing and all, on the assumption that this is driven by the employment rate, or [NAIRU](https://en.wikipedia.org/wiki/NAIRU). It's not. It's driven by the aggregate ratio between capital to labor returns. And leads to bad economic conditions differently at both extremes. Which is why they find our present economic situation an enigmatic mystery.   The mistake of thinking \"\"how much money people have to spend,\"\" i.e., strictly demand side driven economics, is what created the economic problems that lead to Reagan. Only now the power structure takes the opposite extreme. In which supply side driven economics has become an article of faith. This is why the older generation, like myself, say and believe such bat shit crazy things about the economy today. The same older generation now that now drives politics. Because they came of age in the 1970s when what you are saying would have been a phenomenally bad policy. A policy that gave us stagflation that many classical Keynesian's thought impossible before then. They can't believe something that was so bad can now be a good thing. But it in fact is. Because the important thing for prosperity and growth is the optimal balance between supply and demand. Not the argument over whether the economy is supply side driven or demand side driven. Because either of those agendas can push the economy out of balance.  Automation will pretty certainly change everything about economics in the coming years. But that is not why we are in the situation we are in at this particular moment.\""}
{"_id": "15052", "title": "", "text": "\"Some theory that is, it's probably even more basic than that.  \"\"We need to control this area so that Russia and China don't control it. Now let's come up with a million and one reason to justify it\"\"  -probably some US foreign policy decision maker\""}
{"_id": "15070", "title": "", "text": "After collecting information via web searching, the comments above, and a additional call to BOA, i have concluded the following to the best of my knowledge. Zelle Transfers are final. Irreversible. As Jay mentioned above, funds are subtracted from the sending account before the transfer is made, therefore it eliminates sending funds that do not exist. I validated this information with BOA, and the BOA representative said that once a zelle transfer is initiated and the receiving party has received the funds, it can no longer be canceled. Funds received by the receiving party is credited immediately. I will note that the BOA representative was a BOA representative and not a Zelle representative. I say this because the representatives seemed to be slightly weary in answering my questions about Zelle, as if he was looking up the information as we spoke. If someone is reading this and plans to transfer huge amount of cash from a highly likely malicious user, i would recommend contacting Zelle or your personal bank directly to further validate this information. Zelle, from what i can find, is a fairly new technology. I could not find a Zelle contact number via the web for questioning, so i can only rely on the knowledge on my BOA representative."}
{"_id": "15073", "title": "", "text": "I like your reasoning, the car is the most emotional product a person buys on average, that is true. But I still feel charisma has to have some impact on consumers. Presidential candidates do have an impact, celebrities do as well. Both academically proven. Did not Steve Jobs have an impact? Who knows... Nobody ever looked into it..."}
{"_id": "15074", "title": "", "text": "\"Get fucked with that idiocy mate. You can cut the data seven ways to Sunday.   &gt;\"\"Americans absolutely confirm they believe America is the land of opportunity and that people should have equal opportunity if they have the skills,\"\" said Diana Elliott, research officer for the Pew Charitable Trusts\u2019 Economic Mobility Project, in an interview. \"\"The data fly in the face of what Americans have believed and what they say they believe in our polling work.\"\"   &gt;Pew found that economic mobility is largely an accident of birth. Currier points to the fact that 66 percent of people born in the lowest two income levels remain there as adults, and exactly 66 percent of people born at the highest two income levels stay there as adults, a phenomenon called \"\"stickiness at the ends.\"\" http://www.pewtrusts.org/~/media/legacy/uploadedfiles/pcs_assets/2012/pursuingamericandreampdf.pdf   &gt;In particular, previous analyses of economic mobility in the United States and other industrialized nations reveal that the United States has less, not more, mobility than its northern neighbor. That is, one's family economic background is more likely to influence one's economic outcomes in the United States than in Canada. http://www.pewtrusts.org/en/research-and-analysis/reports/0001/01/01/chasing-the-same-dream-climbing-different-ladders  &gt;One way to think of the estimated elasticity of children\u2019s income with respect to their parents\u2019 is to ask how much of a given income advantage observed in the parental generation is preserved in the children\u2019s generation. Miles Corak exem- plifies this for the difference observed in the United States for families with children under the age of 18.15 The top fifth of such families have about 12 times as much income as the bottom fifth. If the intergenerational persistence of income was equal to one, that income advantage would be transferred in whole to the next generation. That is, the children of the richest fifth would have 12 times as much income as the children of the poorest fifth. If the intergenerational persis- tence of income were equal to zero, none of that advantage would be present among the children of these groups. Corak reported that U.S. estimates of the elasticity vary in the range of 0.4\u20130.6, corresponding to an inherited income advantage of between 2.70 and 4.44 for the richest fifth compared to the poorest fifth. Elasticity at these levels means that the children whose parents were among the richest fifth (i.e., parents whose income was 12 times that of the poorest fifth) grow up to earn about 3 to 4 times as much as the children whose parents were among the poorest fifth. Thus, their income advantage was roughly half that of their parents. http://www.irp.wisc.edu/publications/focus/pdfs/foc262g.pdf     All you logic 100 students can go Fuck a duck with your idiocy\""}
{"_id": "15085", "title": "", "text": "&gt;A demand deposit cannot be lent out without inherent risk of systematic banking collapse  Actually, they can be and this happens every day. Inside every bank is a function called the treasury which is tasked with managing this operation - among other things. I have worked in a bank treasury as a quantitative analyst so I'm happy to answer any more specific questions you might have regarding how we manage liquidity."}
{"_id": "15096", "title": "", "text": "\"Taxability depends on residential status when the $ were earned. If it was earned during his status as \"\"Non-Resident\"\" in India, then its tax free. If the money was earned when his tax status was resident in India, then its taxable as per the tax bracket. Edit: Taxability does not depend on whether to transfer the money into India, or keep it out of India or bring it as Cash or Electronically. It only depends on NRI status. Of course transferring the funds into NRE makes the paperwork simpler in case there is a scrutiny.\""}
{"_id": "15103", "title": "", "text": "You have to sit down with HR for the school district. The options involved with with parents working for the same employer can be handled multiple ways. Unless you are a very small district, this situation has come up before. They will tell you what they allow, and then you have to determine which one saves you the most money. Also look into how the deductibles will work with the two policies. You also need to look at options for the two policies. For example if there are different levels of dental: you may not want to cover an orthodontist  on the single plan."}
{"_id": "15112", "title": "", "text": "Neither site offers index futures or options pricing.  Your best best is likely to get the quote from a broker who supports trading those vehicles. Free sites usually limit themselves to stocks and sometimes to options chains -- the exception is Reuters where just about any security for which you have the reuters formatted trading symbol can be quoted."}
{"_id": "15121", "title": "", "text": "\"The pension is indeed the clear winner and you haven't missed anything. It's easiest to just compare everything in current numbers as you've done and ignore investment opportunities. Given you expect to pay off your student loan in full, you should consider the repayment as a benefit for you too, so the balance is between \u00a3580 after tax and \u00a31138 in your pension. As you say under the current tax regime you'd probably end up with \u00a3968 in your pocket from the pension. Some harder to value considerations: You might consider there's political risk associated with the pension, as laws may change over the years - but the government has so far not shown any inclination to penalise people who have already saved under one set of assumptions, so hopefully it's reasonably safe (I'm certainly taking that view with my own money!) Paying more towards your student loan or your mortgage is equivalent to investing at that interest rate (guaranteed). If you do the typical thing of investing your pension in the stock market, the investment returns are likely higher but more risky. In today's interest rate environment, you'd struggle to get a \"\"safe\"\" return that's anywhere near the mortgage rate. So if you're very risk averse, that would tilt the balance against the pension, but I doubt it would be enough to change the decision. Your pension might eventually hit the lifetime allowance of \u00a31mn, after contributions and investment growth. If that's a possibility, you should think carefully about the plan for your contributions. If you do go over, the penalties are calibrated to cancel out the difference between higher-rate and basic-rate tax - i.e. cancelling out the tax benefits you outlined, but not the national insurance benefits. But if you do go over, the amount of money you'd have mean that you might also find yourself paying higher-rate tax on some of your pension income, at which point you could lose out. The lifetime allowance is really complicated, there's a Q+A about it here if you want to understand more.\""}
{"_id": "15158", "title": "", "text": "&gt;I've heard horror stories about their dev processes. Most of the tests failing being considered okay,**interns with root access to production db servers**, and other things.  I've had friends that interned at FB, and they told me this is true. Apparently it's a running joke that Facebook gets more unstable during summer, and every time the site slows or crashes it can be attributed to an intern pushing out bugged code."}
{"_id": "15161", "title": "", "text": "What's the future of oil and its economic impact.  1. On one side, it's nice that some countries have decided to ban gas powered cars in 20 or so years along with the likes of Tesla and home solar power having some success.   2. But, we still need plastics and possibly a host of other chemicals produced from petroleum - so there will be demand, but of a smaller (?) or different kind.  3. There would be a huge upheaval (I imagine) in the industries in the current oil supply chains and also countries (Saudi Arabia for e.g.) and the global/ middle eastern politics too (?)."}
{"_id": "15163", "title": "", "text": "\"Any kind of credit contract such as a mobile phone contract (could be SIM only or with a handset) would also help increase your number of accounts and demonstrate a track record of responsible management and repayments. If you have a Pay As You Go phone at present consider a SIM only contract with the same network, and if your parents currently pay for your phone consider if it would be worth switching it into your own name. Also make sure that you are registered on the Electoral Role at your permanent address and have at least a minimum payment direct debit set up on your credit card (even though you state you intend to repay in full) to make sure you don't forget a payment as this will disproportionately affect your score when combined with young age and few other accounts. Lastly ensure that you have a decent amount of \"\"head room\"\" on your rolling credit accounts like credit cards and aren't using more than 80% of the credit available to you through your monthly spending, if necessary by asking for an increased limit from your company (and then not using it).\""}
{"_id": "15166", "title": "", "text": "The Port Authority of New York and New Jersey has had a zero growth operating budget for something like, 4 years now, and employment level is at the lowest it's been in decades. The amount of work that needs to be done is still the same, so the fewer people have to work more overtime."}
{"_id": "15169", "title": "", "text": "\"The difference between dividend and growth in mutual funds has to do with the types of stocks the mutual fund invests in. Typically a company in the early stages are considered growth investments. In this phase the company needs to keep most of its profits to reinvest in the business. Typically once a company gets a significant size the company's growth prospects are not as good so the company pays some of its profits in the form of a dividend to the shareholders.  As far as which is the best buy is totally a personal choice. There will be times when one is better then the other. Most likely you will want to \"\"diversify\"\" and invest in both types.\""}
{"_id": "15172", "title": "", "text": "\"I cannot stress this enough, so I'll just repeat it:  Don't plan your finances around your credit score.  Don't even think about your credit score at all.  Plan a budget an stick to it.  Make sure you include short and long term savings in your budget.  Pay your bills on time.  Use credit responsibly.  Do all of these things, and your credit rating will take care of itself.  Don't try to plan your finances around raising it. On the subject of 0% financing specifically, my rule of thumb is to only ever use it when I have enough money saved up to buy the thing outright, and even then only if my budget will still balance with the added cost of repaying the loan.  Other people have other rules, including not taking such loans at all, and you should develop a rule that works for you (but you should have a rule).  One rule shouldn't have is \"\"do whatever will optimize your credit score\"\" because you shouldn't plan your finances around your credit score.   All things considered, I think the most important thing in your situation is to make sure that you don't let the teaser rate tempt you into making purchases you wouldn't otherwise make.  You're not really getting free money; you're just shifting around the time frame for payment, and only within a limited window at that.  Also, be sure to read the fine print in the credit agreement; they can be filled with gotchas and pitfalls.  In particular, if you don't clear the balance by the end of the introductory rate period, you can sometimes incur interest charges retroactively to the date of purchase.  Make sure you know your terms and conditions cold. It sounds like you're just getting started, so best of luck, and remember that Rome wasn't built in a day.  Patience can be the most effective tool in your personal finance arsenal. p.s. Don't plan your finances around your credit score.\""}
{"_id": "15195", "title": "", "text": "shorting mbs required buying a cds. part of the reason demand for mbs was so strong was because the cds was so cheap, and it seemed like risk free profit.  more people buying cds would have decreased mbs demand.  mbs are a FI security, so lower demand=higher interest rates"}
{"_id": "15202", "title": "", "text": "If credit scoring works in the UK like it does in the US, then I think the fact that you own+use a credit card and pay off your everyday expenses will give you perfectly good credit.  Just keep doing what you're doing. I have seen people in the United States with very high credit scores based solely upon owning & occasionally using a credit card, paid in full and on time every month."}
{"_id": "15213", "title": "", "text": "The problem here is that the metrics that are used to track the economy are looking for things like growth and change. In a perfect world, everyone would have exactly what they need and there would no need for economists because the economy would be static."}
{"_id": "15217", "title": "", "text": "Right, he wrote that and is busted for price-gouging in multiple states (New York, California), so perhaps he's not really following his own model?  I don't associate corporate social responsibility (CSR) with deliberately overcharging customers."}
{"_id": "15235", "title": "", "text": "It may have it's basis in Italian cuisine, but chains with cheap and fast pies that are made to be exactly the same wherever you buy them are fast food. Just because Taco Bell may have copied Mexican food doesn't make their concoctions Mexican food."}
{"_id": "15239", "title": "", "text": "The economy. Which has a pretty strong effect on most people's lives. You can't throw 90% of energy subsidies to one part of the industry which produces a fraction of the rest of the industry without negatively affecting consumers (everyone). Because you're idealistic and don't understand that it is basic economics.   https://www.eia.gov/analysis/requests/subsidy/ Renewables get $15B + compared to about $4B combined for oil, coal, and natural gas, while producing only 13% of total energy.  So, you've got much larger industries in oil, especially, that receive less money for doing a more efficient job of providing energy. That means they can't lower their prices.  There's also a further $12B in subsidies for transmission or delivery."}
{"_id": "15262", "title": "", "text": "\"Other responses have focused on getting you software to use, but I'd like to attempt your literal question: how are such transactions managed in systems that handle them? I will answer for \"\"double entry\"\" bookkeeping software such as Quicken or GnuCash (my choice). (Disclaimer: I Am Not An Accountant and accountants will probably find error in my terminology.) Your credit card is a liability to you, and is tracked using a liability account (as opposed to an asset account, such as your bank accounts or cash in your pocket). A liability account is just like an asset except that it is subtracted from rather than added to your total assets (or, from another perspective, its balance is normally negative; the mathematics works out identically). When you make a purchase using your credit card, the transaction you record transfers money from the liability account (increasing the liability) to the expense account for your classification of the expense. When you make a payment on your credit card, the transaction you record transfers money from your checking account (for example) to the credit card account, reducing the liability. Whatever software you choose for tracking your money, I strongly recommend choosing something that is sufficiently powerful to handle representing this as I have described (transfers between accounts as the normal mode of operation, not simply lone increases/decreases of asset accounts).\""}
{"_id": "15270", "title": "", "text": "Your freelance income will not qualify you for the work-from-home deductions, for that you would need a T2200 form signed by your employer. But, you are allowed to be self employed as a sole-proprietorship while still being an employee of another company. If you take that route, you'll be able to write-off even more expenses than those you linked to. Things like a portion of your internet bill can be claimed, for example. But note that these deductions would only apply to offset the self-employment income, so if you're not earning very much from the freelance work, it might not be worth all the hassle. Filing taxes when self-employed is definitely more complicated, and many people will get professional tax preparation help - at least for the first time."}
{"_id": "15272", "title": "", "text": "\"Buying shares back is an indication that the company has nothing better to do with their money.  True.  However, buying the shares back is essentially moving money around, the firms (or individuals) they buy from, will invest their money differently.  Mergers and acquisitions are productive though.  The idea is that you combine things to work more efficiently.  For example, a small startup might have a great product but not a lot of infrastructure or cash.  So the big guys with both buy em up.  Or, big companies might have redundant expenditures in infrastructure or employees, and by merging they can produce more efficiently.  The term you keep using \"\"real economy\"\" is a strange one.  The above parties are part of the real economy.  Really.  What, may I ask, is your education in economics?  What books have you read on the subject, classes taken, jobs worked, podcasts listened to, etcetera, that are giving you these ideas?\""}
{"_id": "15313", "title": "", "text": "Yeah well I have 2 kids and they never gave her any leave. What I have found out is that even thou some companies offer it but they are not obligation to pay a woman for that time off.     So she can take it just not be paid."}
{"_id": "15319", "title": "", "text": "\"3) NOT to claim her as my dependent. No additional tax return (since   she is NOT my dependent), but also no penalty. My end of year balance   would be $0 No. Not claiming her as a dependent does not save you from being responsible for her penalty. You are responsible for her penalty if she is your dependent (i.e. she meets the conditions for being your dependent), regardless of whether you claim her on your tax return or not. If you have the option of claiming her or not, then she is your dependent, and you are responsible for her penalty. 26 CFR 1.5000A-1(c)(2)(i): For a month when a nonexempt individual does not have minimum   essential coverage, if the nonexempt individual is a dependent (as   defined in section 152) of another individual for the other   individual's taxable year including that month, the other individual   is liable for the shared responsibility payment attributable to the   dependent's lack of coverage. An individual is a dependent of a   taxpayer for a taxable year if the individual satisfies the definition   of dependent under section 152, regardless of whether the taxpayer   claims the individual as a dependent on a Federal income tax return   for the taxable year. [...] Form 1040 instructions, Line 61: [...] If you had qualifying health care coverage (called minimum essential   coverage) for every month of 2015 for yourself, your spouse (if filing   jointly), and anyone you can or do claim as a dependent, check the box   on this line and leave the entry space blank. Otherwise, do not check the box on this line. If you, your spouse (if   filing jointly), or someone you can or do claim as a dependent didn\u2019t   have coverage for each month of 2015 you must either claim a coverage   exemption on Form 8965 or report a shared responsibility payment on   line 61. [...] So you cannot check the box and must report exemptions for your sister, or report a shared responsibility payment. Form 8965 instructions, Definitions, \"\"Tax household\"\": For purposes of Form 8965, your tax household generally includes you,   your spouse (if filing a joint return), and any individual you claim   as a dependent on your tax return. It also generally includes each   individual you can, but don't, claim as a dependent on your tax   return. [...] Your sister is part of your tax household regardless of whether you claim her, and you must compute her shared responsibility payment for any months she did not have insurance and did not qualify for an exemption.\""}
{"_id": "15322", "title": "", "text": "As a 19 year old if she can get SSDI instead of SSI her benefit amount will be calculated by her parents' contributions ... if either parent is deceased or over 62 then she qualifies for SSDI instead of SSI and I believe she would receive the full benefit amount. I'd guess that would be something in the $1400+ range.  I see no reason why you couldn't get married either way ... at least not from a financial perspective.  I'd be worried about being on the hook for her medical expenses. Therapy, meds, hospital visits, side-effects, etc ... that's a good way to spend the rest of your life owing millions."}
{"_id": "15323", "title": "", "text": "(I live in the UK and along with my wife we both drive Volkswagen cars.) A few factors: VW is widely acknowledged as having some of the best diesel car engines.  -Now lot of people are questioning if diesel car will be outlawed. VM management has just said they don\u2019t know what their workers are doing! The USA has made it clear they will create pollution law in a way that benefit their own car makers.   (E.g. they don\u2019t care about CO2.) If not diesel cars, then it needs hybrid or electric cars to get good MPG \u2013 VM is not seen as a leader in these. Hybrid cars tend to be gas as diesel engines cost too much. VW is no longer looking like a nice safe investment!   I think VW will recover, but it may get worse for them before it gets better - trying to call the bottom of a stock is high risk."}
{"_id": "15324", "title": "", "text": "I'm starting my 3rd year of college in a few months and it will be my first year at Rutgers university after having been at community college. I'm transferring in as a finance major, and if there are any recommended materials I should read over the summer it would be greatly appreciated."}
{"_id": "15330", "title": "", "text": "\"Can I claim a 20% of the interest paid over the period of Oct/2015 through Mar/2017 (18 months) when I file for IT returns this year in Mar/2017? Yes you can. Does my name not being the first name affect my eligibility of claiming the relief? No you can claim relief. Joint owners need to file a declaration on the quantum of relief claimed. Both can't claim 100%. Does that mean I my claiming the 20% relief on interest (and the remaining 80% over subsequent years) is in effect moot as my \"\"taxable\"\" income cannot go negative (meaning the govt cannot/will not return some money I have paid as IT in prior years)? If you have no other income on which tax is payable; then Yes it is irrelevant. Does that mean as long as I continue to work in the US (already having become a NRI), have little or no income in India, I cannot claim any future relief regarding the principal or interest? Yes that is right.\""}
{"_id": "15334", "title": "", "text": "Do you have any support for the statement that IL pensions are 'among the most generous in the entire country'.  When last I looked at some data from an AEI study ca. 2015, IL wasn't toward the top.  It isn't the terms of the pensions as much as fiscal mismanagement in funding them."}
{"_id": "15356", "title": "", "text": "On last nights episode of The Profit Marcus made an offer to the owner of a coffee company. The owner said up front he has 51% with the remaining 49% split between two early investors.  Marcus asked for 40%, said the owner will have 40% and the investors will be reduced to 20%.  Question is how can the owner agree to that deal and take equity away from the investors? It's not his percentage to sell."}
{"_id": "15376", "title": "", "text": "\"Your source does not support the claim above that \"\"foreign buyers are screwing everyone, particularly upper middle class people from China\"\". Foreign direct investments are beneficial to the economy and knee-jerk protectionism does more harm than good. Sure, in the short term, an increase in real estate investment will increase property prices due to the rise in demand. However, housing developers and tenants will respond by increasing the supply of affordable housing elsewhere eventually reaching price equilibrium. There will always be displacement in a dynamic and robust economy but I guess it's easier to make out foreign investors as the boogeyman.\""}
{"_id": "15378", "title": "", "text": "&gt; Well, you still have to pay to ship &amp; store paper, ink, binding materials, and book-binding printers &amp; parts.  Sure, but now you're storing and shipping raw materials able to be used in any of the books they print, so you need much less of the raw material to be able to handle the demand of all your printed books.  You don't have to estimate so closely exactly how much of each specific book you need, or worry about ordering too many or not ordering enough. You just need to order 50 gallons of ink, 100 reams of paper, and so on, and if you miscalculate you don't need a shipment from back east or overseas or the distributor's warehouse 200 miles away to resupply you, you just walk across the parking lot to Staples and buy some more paper and ink."}
{"_id": "15385", "title": "", "text": "I do this very thing, but with asset allocation and risk parity in mind. I disagree with the cash or bust answers above, but many of the aforementioned facts are valuable and I don't mean to undermine them in anyway. That said, let's look at two examples: Option 1: All-in For the sake of argument let's say you had $100k invested in the SPY (S&P 500 ETF) in early 2007, and you kept it there until today. Your lowest balance would have been about $51k, and at this point the possibility of you losing your job was probably at a peak. Today you would be left with $170k assuming no withdrawal. Option 2: Risk Parity BUT if you balanced your investments with a risk parity approach, using negatively correlated asset classes you avoid this dilemma. If you had invested 50% in XLP (Consumer Staples Sector ETF) and 50% in TLT ( Long Term Treasury ETF) your investments low point would have been $88k, and your lowest annual return would be +0.69%. Today you would be left with $214k assuming no withdrawals.  I chose option #2 and it hasn't failed me yet, even in 2016 so far the results are steady and reliably given the reward. My general opinion is simple: when you have money always grow it. Just be sure to cover your ass and prepare for rain. Backtesting for this was done at portfoliovisualizer.com, the one caveat to this approach is that inflation and a lack of international exposure are a risk here."}
{"_id": "15411", "title": "", "text": "\"That seems to happen a lot. A lot of awesome potential is utterly wasted because old people are in charge who are too used to things being _one_ way to see that things are changing. They figure that if they just stay put they'll anchor reality and things will stay the way they always have. They're vital, they're necessary, the world can't move very far without them!  Nope. Sorry. The world says, \"\"Bye!\"\"\""}
{"_id": "15420", "title": "", "text": "The real utility of online groceries is coming around the bend, when you have the IoT capability to do automatic reorders of things you have just used up. Stores will still exist, but I believe that in the near future, shopping for your staples is going to be done automatically. [Suck it Jin-Yang.](https://i.imgur.com/I9ur6b6.gif)"}
{"_id": "15421", "title": "", "text": "&gt;if the Millenials are still hard up for work), then employers will likely defer to candidates that they deem to be more mature.  Realistically, they would likely think the younger one is more mature.  Reason being, a Gen Y'er that has been unemployed for a while, companies make the assumption that there must be something wrong with them if noone hired them.  Not special to Gen Y though.  Anyone who is unemployed for a long period of time they make that assumption.  The longer you are unemployed, the less likely companies want to hire you, it's a vicious circle."}
{"_id": "15435", "title": "", "text": "They better explode for their sake or this might be the beginning of the end for them. Especially since their website/domain hasn't been working correctly for them in the past days as well.  I also heard this was happening with Vazvu too, right? Something with the fact that their domain may have leaked, so I'm wondering who's going to snatch it up."}
{"_id": "15448", "title": "", "text": "When you take any money out of an HSA, you'll get a 1099-SA. HSAs work a little differently than a 401(k).  With a 401(k), you aren't supposed to take any money out until retirement.  HSAs, however, are spending accounts.  I take money out of my HSA every year. As long as you spend the money you take out of your HSA on qualified medical expenses, there are no taxes or penalties due.  The bank that holds your HSA doesn't know or care what you spend the money on; they will certainly allow you to empty your HSA account.  Anything you take out will be reported to the IRS (and to you) on a 1099-SA.  At tax time, along with your tax return, you send in a form 8889, on which you report to the IRS what you took out of HSA, and you also certify how much of that money was spent on medical expenses.  If any of it was spent on something else, taxes and penalties are due."}
{"_id": "15450", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-27/climate-shocks-may-cost-u-s-1-billion-a-day-as-planet-heats-up) reduced by 75%. (I'm a bot) ***** &gt; Stronger hurricanes, hotter heat waves, more frequent wildfires and more severe public-health issues are all adding to the costs of climate change, which will reach almost $1 billion a day in the U.S. within a decade, according to a report released Wednesday.  &gt; Total costs to address the impact of rising temperatures will swell 50 percent by 2027, to $360 billion annually, according to the study from the Universal Ecological Fund.  &gt; If global warming goes unchecked, corn and soybean production may fall as much as 30 percent in the next three decades, costing farmers as much as $25 billion annually, according to the study.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73888a/climate_shocks_may_cost_us_1_billion_a_day_by_2027/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~218914 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **economic**^#1 **study**^#2 **billion**^#3 **U.S.**^#4 **change**^#5\""}
{"_id": "15452", "title": "", "text": "I'd take a look at some graphs and chart the price of bitcoins and its value. You'll be surprised that it follows basically any other vehicle for money. There were several times where the price of bitcoin dropped drastically and ontop of that, there is a wide margin of error that could cost you your entire wallet with no equivalent to a FDIC insurance or possibility of government/federal intervention in the event of theft."}
{"_id": "15473", "title": "", "text": "I don't see any reason to worry about a check being deposited via cell phone. There isn't anything you can write on a check to make it physical deposit only or similar.  If you really want to keep your check from being read electronically you could always smudge the numbers but you run the risk of the bank not cashing it and possibly getting a return check fee."}
{"_id": "15487", "title": "", "text": "You should plan on your monthly payment (Principal + Interest + Escrow) being a conservative percentage of your take home pay.   No matter your cash savings, if your housing is 60% of your take home pay you are going to have trouble keeping up on the house. My target for housing is that a 15 year, fixed rate mortgage should be under 25% of my take home pay.   For some people, they find that too conservative.  I think the exact percent is a risk/reward preference.  Some people like the 25% number but look at a 30 year mortgage. Whatever you do, don't buy a house at the limit of what the bank thinks you can afford :)  Historically, they have been more willing for me to spend my money than I have been."}
{"_id": "15504", "title": "", "text": "There's no rule of thumb but the purpose of candlesticks of any kind (fixed, volume weighted etc.) is to display the intra-period price action. So if you'd fit 3 years worth of 1 minute bars on a chart, candlesticks become useless and you might as well use a line chart."}
{"_id": "15518", "title": "", "text": "Timeshare and resort packages are a popular option for people who take frequent vacations. But are they a good deal? Many people sign up due to attractive sales pitches but are then disappointed by the actual package. It's a good idea to read reviews from experienced travelers."}
{"_id": "15530", "title": "", "text": "Funny how stealing becomes OK after you hit a certain limit of how much you steal and who you steal it from, isn't it?  People seem more and more to have some sense of entitlement and selfishness.  I read the article and got the sense that it said the corporations should not be allowed to go bankrupt so easily, where a lot of people here read it that common people should be allowed to be as dishonest as the corporations.  Hopefully, there are more people like you and me in the world, and less like the greedy ones."}
{"_id": "15534", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://billmoyers.com/story/coal-small-kentucky-town-builds-healthier-creative-economy/) reduced by 94%. (I'm a bot) ***** &gt; Another addition to the Hub is a housing nonprofit that aims to fund more affordable housing by encouraging a maple syrup economy in the area.  &gt; The launch of Hemphill Catering and the success of the bluegrass festival help illustrate how Hub partners have rebounded from the loss of coal revenue to become more self-reliant and entrepreneurial-something the Hub promotes, Fink says.  &gt; Efforts are underway to write a culture hub training curriculum for other poverty-stricken Kentucky communities and Hub staff have been meeting with other organizations in Kentucky and nationwide to encourage creation of other culture hubs.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gy2sx/after_coal_a_small_kentucky_town_builds_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~142774 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Hub**^#1 **Culture**^#2 **community**^#3 **Johnson**^#4 **work**^#5\""}
{"_id": "15536", "title": "", "text": "You'll need to read all the fine print with your particular credit card, but in general, if there is no annual fee and you don't make any purchases, you don't pay anything."}
{"_id": "15537", "title": "", "text": "Well, there are many reasons that Lehman and Bear were allowed to go under. Lehman had much more exposure to real estate than Goldman and JP, and they were also the very first domino to fall, back when people didn't think the crisis was a full-blown crisis yet.  As for Bear? I think the Fed harbored some hard feelings after the LTCM thing."}
{"_id": "15539", "title": "", "text": "I actually didn't do the math with your numbers, but I recall Sal from Khan Academy did a nice video about your question, challenging the notion that it is always better to buy. https://www.youtube.com/watch?v=YL10H_EcB-E"}
{"_id": "15553", "title": "", "text": "A student on F1 working under the conditions of the OPT program is exempt from FICA taxes. Once you switch to H1b - you no longer have the exemption. You can use form 8316 and form 843 to request the refund, if the employer cannot or will not refund the withholding. Employer is the first stop, but keep in mind that you have 3 years at most to request the refund after filing the tax returns for the year in question (or when they should have been filed, if you didn't). Detailed instructions here."}
{"_id": "15564", "title": "", "text": "My employer offers a citrix based interface that I can connect to from anywhere and do work stuff. It's basically a virtual machine running somewhere on corporate servers, complete with Office package, access to my virtual drive, etc. I think that this sort of set-up is probably the way to go with BYOD, except it's a bit slower and more awkward than working directly on your device. But it still won't stop people from forwarding stuff to webmail, and neither will Siri and dropbox bans. The user is still the weakest link in any corporate security scenario."}
{"_id": "15570", "title": "", "text": "Find the Best Joondalup Plumbers Online.  Having plumbing problems at your homes, offices or other places of business? Worry no more because you have already found the solution. Joondalup Plumbers is a one stop, one click online source of information that can present you with all the best plumbers and plumbing services available and reachable within the Joondalup locality."}
{"_id": "15578", "title": "", "text": "\"I didn't idly pick the SF Bay as my model. That place was literally \"\"Rust-Belt West\"\" after industrial contraction starting at the end of WWII and continuing through the '70s.   But the Silicon Valley boom didn't revitalize the former industrial areas, but merely a few 'gentrified' spots, *like where those buses originate*.  Those 400K new 'service/support' jobs *won't pay enough* to allow the workers to live *in the city*. They'll be commuting from *beyond* the upper-crust suburbs you mention, [just like these Californians](https://www.nytimes.com/2017/08/17/business/economy/san-francisco-commute.html).\""}
{"_id": "15595", "title": "", "text": "Sorry to hear about your situation.  It sounds like you would agree with the sentiment that we're being asked to put in more time without pay.  To be honest with you, I worked retail when I was in HS, and I have many friends who were serially employed in retail.  I've rarely seen retailers deviate from this pattern.  Managers are mostly idiots, and employees are treated like sub-humans.  Honestly, you just need to leave retail.  It sounds like you're biding your time until something better comes along - that's the right way to look at it."}
{"_id": "15599", "title": "", "text": "\"All this is completely true, but I was going for a more basic level theoretical.  In this case, yes, one person not paying of their loans would not hurt anything (except the person in question as you point out), but if \"\"people\"\" not paying of their loans *is* bad as it would rob money from the system (basically $0 of the $30 would come back, or at least so little that the banks stopped loaning).  While the government can inject money, that could only go so far.  Really, I was just trying to explain why not paying off loans was bad for the economy even though staying in sustainable debt is good for the economy (but not necessarily the individual).  Thanks for the info though.\""}
{"_id": "15604", "title": "", "text": "Get a debit Visa Card and load it up. Be aware you may not be able to use it for check in. You could then use the maxed out card to check in, but pay with the debit Visa. You will still need to be solvent, you are still going to need to pay as you go."}
{"_id": "15606", "title": "", "text": "You are not the person or entity against whom the crime was committed, so the Casualty Loss (theft) deduction doesn't apply here. You should report this as a Capital Loss, the same way all of the Enron shareholders did in their 2001 tax returns. Your cost basis is whatever you originally paid for the shares. The final value is presumably zero. You can declare a maximum capital loss of $3000, so if your net capital loss for the year is greater than that, you'll have to carry over the remainder to the following years. IRS publication 547 states: Decline in market value of stock.   You can't deduct as a theft loss the decline in market value of stock acquired on the open market for investment if the decline is caused by disclosure of accounting fraud or other illegal misconduct by the officers or directors of the corporation that issued the stock. However, you can deduct as a capital loss the loss you sustain when you sell or exchange the stock or the stock becomes completely worthless. You report a capital loss on Schedule D (Form 1040). For more information about stock sales, worthless stock, and capital losses, see chapter 4 of Pub. 550."}
{"_id": "15618", "title": "", "text": "Here's how the police currently operate...  You are forced to fund them with your tax money, but if they fail to protect you or your property, you get NOTHING in return. If you pay a home owner's insurance company, and you get robbed or your house burns down... they fully reimburse you. What exactly are we getting for our police dollars? They come *after* the crime, and then put the criminal in jail at *our expense*. We lose both ways. It's pretty clear that insurance is preferable to police, and that insurance companies should expand their operations to include active security personnel to patrol their insured properties and people, while the government's police force should be disbanded and give us that portion of our taxes back.  I just want to get more people realizing what a con job government's monopoly services are in terms of what we get for our money. Every where the government services interface with us they involve forcing us to stop in some capacity. Their transportation vehicles stop in the middle of the roads (school buses and city buses), and their solution to intersections (stoplights) are pathetic in comparison to roundabouts which don't leave half the cars stopped at any given time. They spend $4-6 Trillion in wars against desert morons because the other branch of govt which was supposed to round up immigrants who overstayed their visas failed. WE pay for their failure. We've been forced to pay over $16 TRILLION over 50 years for welfare checks to people who are more likely stupid than intrinsically needy (i.e. poor due to circumstances rather than basic stupidity). $16,000 BILLION we could have had to fund on the things we want more of, such as space research, roads, better technology."}
{"_id": "15631", "title": "", "text": "I think the key thing is flexibility - the money is not tied in with the offset mortgage. If you find a better investment, you can always take some of it out and put it towards that instead. Once it matures, if there is nothing good to reinvest in, then it can go back into the offset mortgage. Once you have had money in the offset account, even if you take it out, you have already (irreversibly) saved money on your mortgage. Right now you would be pressed to find an instant access ISA with a rate higher than 1.5%, so if you need immediate access, then the offset account seems good. On the other hand, for retirement, you might be saving longer term, and then you can get an ISA rate of 3%, currently, which may be better for a part of the money (or perhaps the upcoming Lifetime ISA with 25% yearly bonus may make sense for part of the money), if you do not need easy access to all of it. As Dilip says, this assumes you want safe investments."}
{"_id": "15633", "title": "", "text": "\"There are loans. Usually they're secured by the assets, and you also cosign them personally. Your own credit worthiness comes to play, your own assets are in jeopardy. As to what it is that you're buying - no, it is not necessary for the seller to sell you the building. You might buy the business, but not the actual space it occupies. In fact, the space may not even belong to the seller. You may find yourself taking over the lease, which is in fact a liability, not an asset. You should agree with the seller on what exactly it is that you're buying. You should ask for a full inventory list that would include all the assets and the liabilities that would be transferred to you. Lease, as mentioned, but you might also \"\"buy\"\" loans, debts, lawsuits, and god knows what else that is attached to the business.\""}
{"_id": "15635", "title": "", "text": "\"The simplest thing to do here is to speak to your employer about what is allowed.  This should be spelt out in your company's \"\"Stock Options Plan\"\" documentation.  In particular, this document will include details of the vesting schedule.  For example, the schedule may only allow you to exercise 25% in the first year, 25% in the second year, and the remainder in the third year. Technically I can see no reason to prevent you from the mix-and-match approach you are suggesting. However, this may not be the case according to the schedule specification.\""}
{"_id": "15637", "title": "", "text": "\"##Beef on weck A beef on weck (also known as beef on wick) is a sandwich found primarily in Western New York. It is made with roast beef on a kummelweck roll. The meat on the sandwich is traditionally served rare, thin cut, with the top bun getting a dip au jus and spread with horseradish.  The kummelweck roll (sometimes spelled \"\"kimmelweck\"\" or \"\"k\u00fcmmelweck\"\"), topped with kosher salt and caraway seeds, gives the sandwich its name and a distinctive taste.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove\""}
{"_id": "15643", "title": "", "text": "\"&gt;How does \"\"doing business in\"\" something increase its value? By this logic, all businesses should be successful.  When you work, you are creating value. Even if your business fails within the first year, there's still all the value you have created such as: hiring handypeople to fix up your businessplace, hiring people to work at your business, buying office supplies, etc. Just because you didn't profit off of your business doesn't mean that other people didn't.   &gt;you're basically saying \"\"Things are currently like X, therefore things should (and would) be like X under a different legal structure.\"\"  How do you think the concept of money came about?   &gt;I can't take this line of argument seriously, I'm sorry.  Why not? This is the reason that hedge fund managers and CEOs pay so little in taxes...most / all of their compensation is in stocks and bonds, taxed as investment income. If you were paid in gold, i'm sure you could claim the same.   &gt;You're emotionally invested in a fiat paper standard.  That's sillie: i'm emotionally invested in a gift economy. I *accept* a fiat paper standard.\""}
{"_id": "15650", "title": "", "text": "The intrinsic value of a company is based on their profits year on year along with their expect future growth. A company may be posting losses, but if the market determines there's any chance they will turn a profit one day, or be a takeover target, it assigns value to those shares. In normal times, you'll observe a certain P/E range. Price to earning ratio is a simple way to say the I will pay X$ for a dollar's worth of earnings. A company that's in a flat market and not growing may command a P/E of only 10. Another company that's expanding their products and increasing market share may see a 20 P/E. Both P/Es are right for the type of company involved."}
{"_id": "15663", "title": "", "text": "Wait.. hold on, is this good news or bad news? I didnt see any information if these were good jobs? We all know some jobs a total shit, so did we add 209,000 shit jobs? Do these jobs pay a liveable wage, whats the quality of life these jobs will create? Will these jobs provide health care or require any government assistance? Will these jobs create greater social service dependencies because that wouldnt be anything to celebrate. At face value, these jobs could actually increase everyones taxes due to the fact the government supports low wage earners via food stamps, health care, etc. I believe this headline would hold a lot more weight if we had a better understanding of the facts."}
{"_id": "15666", "title": "", "text": "I did you rude dude, one pullout is not a big deal, and it doesnt cost the state anything for the factory to not be built. They got tax breaks for a factory that never got built so they wouldnt have had to pay taxes anyway. There was nothing quantifying infrastructure costs incurred by the state."}
{"_id": "15676", "title": "", "text": "You will need to register as self-employed aka sole trader (that's the whole point: pay taxes on income that you're not getting as wages from an employer, who would arrange PAYE/NI contributions), or set up a limited company (in the last case you would have the option of either getting paid as wages or as dividends \u2014 which one is better is a complex issue which varies from year to year). You'll find lots of advice on the HMRC website."}
{"_id": "15696", "title": "", "text": "Yes, truckloads of cash. /s  It's exactly the same as your example, when people say to pay for a car in cash, they don't meany physical bills, but rather the idea that you aren't getting a loan.   In most acquisitions, the buyer will usually pay with their own stock, pay in cash, or a combination of both."}
{"_id": "15709", "title": "", "text": "Lets not forget he dodged the draft because he was too big a coward to fight for his country, and now he is going to put Americans in Harms way because he wants to save face . . .this idiot belongs in the Looney bin"}
{"_id": "15716", "title": "", "text": "\"Think that was the point. In fact the blog even says it. Because terrible customer service experiences are more common than not these days, a good one - even an adequate one - stands out.   And I don't think it resulted in \"\"I love the brand\"\". But it did result in the product and company remaining in the consumer's home (a form of marketing in itself).\""}
{"_id": "15728", "title": "", "text": "I trust the 401(k) was a traditional, pre tax account. There was no tax paid, and any withdrawals would be taxable. The account could go to zero, and there's no write off, sorry. I have to ask - were there any withdrawals along the way? What was it invested in that lost 90% of its value?  Edit - I'm sorry the OP came and went. It would be great to have closure on some of these issues. Here, I'm thinking as Duff said, malpractice, or perhaps a 401(k) that was 100% in company stock. Seems we'll never know."}
{"_id": "15729", "title": "", "text": "Those terms apply for businesses operating in the US, yes. The main takeaway should be to think of whether or not you need access to tons of capital, will have substantial risk of liability, or will operate with a partner. If the answer to all of these is no, you should use the structure which is most convenient/best for your taxes. I would look up sole proprietorships and see if that matches the definition of a sole trader."}
{"_id": "15731", "title": "", "text": "In my experience buy-to-let mortgages charge a higher rate of interest than an personal residential mortgage.  They are regarded as a business enterprise and presumably the banks calculate that they carry a higher risk.  A bank would probably take action if the property on an ordinary mortgage was rented out, as you would be breaking their terms.  Policies could be rendered void.  The terms on an ordinary mortgage disallow renting out the property."}
{"_id": "15772", "title": "", "text": "You will likely need to open an account in another EU country, like a broker operating out of France, Britain or Germany, to get the best options.  If you are comfortable using an english language site and interface, I highly recommend Interactive Brokers as they let you trade in many markets simultaneously, have simple currency conversion, and great tools.  But, they are geared toward active traders so you might be better with a more retail oriented broker if you are new to trading stocks. There are many options.  Here is a list to start with:"}
{"_id": "15785", "title": "", "text": "Price doesn't mean anything.  Price is simply total value (market capitalization) divided by number of shares. Make sure you consider historical dividends when hunting for big yields.  It's very possible that the data you're pulling is only the annualized yield on the most recent dividend payment. Typically dividends are declared in dollar terms.  The total amount of the dividend to be issued is then divided by the number of shares and paid out.  Companies rarely (probably never but rarely to avoid the peanut gallery comments about the one company that does this) decide dividend payments based on some proportion of the stock price.   Between company A and company B paying approximately the same historical yield, I'd look at both companies to make sure neither is circling the tank.  If both look strong, I'd probably buy a bit of both.  If one looks terrible buy the other one.  Don't pick based on the price."}
{"_id": "15788", "title": "", "text": "&gt;Samsung\u2019s revenue for the quarter was KRW 47.82 trillion, a decrease of KRW 3.87 trillion YOY  &gt;The company estimated that the stronger Korean won against major currencies in the third quarter negatively impacted operating profit by approximately KRW 700 billion, mostly on the components business side.  Just so people know what is being remarked about here."}
{"_id": "15792", "title": "", "text": "sure it is  they are saving on distribution  and paper costs  so they pass the savings onto you with increased costs.  so what it is a joy to read.  thats also a little less than half the price of my cable.  thats retarded."}
{"_id": "15798", "title": "", "text": "I thought this was really thoughtful.  Thanks for sharing.  I work in SV and am pretty disturbed by the culture that is now starting to see the light of day.  I'm glad the light is finally being shone on it.  In my opinion, it is every bit as bad as it seems."}
{"_id": "15800", "title": "", "text": "I am not sure whether this hold in all countries, but at least in the Netherlands my bank allows for investment in funds without charging transaction costs. The downside is that these funds charge an annual fee of about 1%, but for the amounts you are talking about this definitely sounds more attractive than the alternative. As an alternative, you could ofcourse just take care of the transaction costs. That way your child can see their funds develop as you put it into different stocks without being distracted by the details. Of course you feel the 'pain' but I believe the main lesson stands out most this way."}
{"_id": "15824", "title": "", "text": "\"The danger of overdrawing the account via the use of a debit card, and the exorbitant fees that can result make me hesitant to use a debit card. The ability to cover all the transactions with one payment is why I use a credit card for these \"\"debit\"\" transactions.  Yes there is a risk of a late payment, but that can be easily avoided within the three week grace period. The ability to electronically transfer the money to pay off the card makes this even easier.\""}
{"_id": "15825", "title": "", "text": "That's not helping your case.   &gt; WARNING This kit definitely contains dangerous things. While the xNT transponder device has undergone several quality checks during manufacture and has been put through a battery of tests with various private labs, it has not been tested or certified by any government regulatory agency for implantation or use inside the human body. Use of this device is strictly at your own risk."}
{"_id": "15841", "title": "", "text": "I have worked for companies that have done this. One did have a match and the other did not. When they figured their profit at the end of the year a portion was given to the employees as a 401K deposit.  retirement-topics-401k-and-profit-sharing-plan-contribution-limits Total annual contributions (annual additions) to all of your accounts   in plans maintained by one employer (and any related employer) are   limited. The limit applies to the total of: elective deferrals employer matching contributions employer nonelective contributions allocations of forfeitures The annual additions paid to a participant\u2019s account cannot exceed the   lesser of: 100% of the participant's compensation, or $54,000 ($60,000 including catch-up contributions) for 2017;  $53,000   ($59,000 including catch-up contributions) for 2016. So as long as everything stays below that $54,000 limit you are good. In one case the decision was made by the company for the employee, the other company gave us the option of bonus check or 401K. I heard that most of the employees wanted the money in the 401K."}
{"_id": "15844", "title": "", "text": "\"Look for states that have no income tax. A lot of these states supplement their revenue with higher property taxes, but if you rent and do not own property in the state, then you will have no state tax liability. Similarly, many states treat capital gains no differently than income tax, so if you make your earnings due to a large nest egg, then way you will still incur no tax liability on the state level Look for \"\"unincorporated\"\" areas, as these are administrative divisions of states that do not have a municipal government, and as such do not collect local taxes. Look for economic development perks of the new jurisdiction. Many states have some kind of formal tax credit for people that start business or buy in certain areas, but MONEY TALKS and you can make an individual arrangement with any agency, municipality etc. If the secretary at city hall doesn't know about a prepackaged formal arrangement that is offered to citizens, then ask for the \"\"expedited development package\"\" which generally has a \"\"processing fee\"\" involved. This is something you make up ie. \"\"What is the processing fee for the expedited development package, quote on quote\"\" States like Maryland and Nevada have formalized this process, but you are generally paying off the Secretary of State for favorable treatment. You'll always be paying off someone.\""}
{"_id": "15859", "title": "", "text": "\"You may be missing how countries like Canada may have oil be more of the GDP than countries like the US. In Canada, the lower oil prices may mean more of an economic slowdown with oil companies laying off staff, canceling projects and some companies probably going under as some provinces like Alberta are highly dependent on oil prices to drive most of the economy. In contrast, the US isn't quite as rich in Energy sources and thus may not have the same issues would be my guess. Context matters here. If the rate change helps everybody, doesn't that include the oil producing companies? I'd like to think so using basic logic. What if the main reason for lowering rates was the economic fallout of the decrease in oil prices? Consider that the there would be the question of, \"\"Why do this now?\"\" that has to be answered and the only main change is lower oil prices on a macroeconomic level.\""}
{"_id": "15891", "title": "", "text": "The guy is crazy, but I thought revoking was harsh. The secret service interviewed him after a recent facebook post about buying a strand of hillary clinton's hair for $5k from her booksigning so he could check her DNA like the one he has a copy of.  If anything, he needs a padded cell not a max security prison cell. He's there until January now..."}
{"_id": "15908", "title": "", "text": "Enertec Windows is the best available option when it comes to double glazed windows. Whether you need them for your home, or even for a commercial property, we have all kind of window products that will suit every kind of need."}
{"_id": "15917", "title": "", "text": "There are people whose strategy revolves around putting orders at the bid and ask and making money off people who cross the spread.  If you put an order in between the current bid/ask, people running that type of strategy will usually pick it off, viewing it as a discount to the orders that they already have on the bid/ask.  Often these people are trading by computer, so your limit order may get hit so quickly that it appears instantaneous to you.  In reality, you were probably hit by a limit order placed specifically to fill against yours."}
{"_id": "15921", "title": "", "text": "So? If the executives have mismanaged the company (and let's not pretend that's what's happening here -- Sears has been being systematically butchered for years at this point, so it's _worse_ than ineptitude), _why the fuck are the executives getting paid instead of existing obligations being at least partially funded_?  If I go to work at a car wash and do such a shit job that I run half a dozen vehicles through the wash with all the windows rolled down, I'm probably not only getting fired, but I'm likely going to be on the hook for damages. Executives pretty much get away with anything that isn't literally criminal in a lot of these cases, and the fact that Sears has been getting parted out for _years_ makes it obvious that they knew full well that it'd be coming to this."}
{"_id": "15927", "title": "", "text": "&gt;Don't shakedown other less profitable industries to subsidize industries that are overflowing with cash.  Maybe I'm missing something, but I don't see how that is at all the case with what is happening here.   Their pay is in line with others in the industry. If you consider the cost of living where they are located, it is above average. If you are making an analogy such as a sports team that pays the industry average, ok, but I don't see the point."}
{"_id": "15938", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bradford-delong.com/2017/05/monday-smackdown-physics-professor-phil-price-the-nimbyist.html) reduced by 76%. (I'm a bot) ***** &gt; Must-Read I disagree with Noah Smith: reading Phil Price convinced me that Phil Price is an idiot, that for many, many people NIMBYism is not a &amp;quot;Flawed but serious package of ideas&amp;quot; but rather &amp;quot;Simple ignorance&amp;quot;-or, perhaps, rather, very hard work to remain ignorant, in a way that is supportive of the &amp;quot;Selfishness of incumbent homeowners trying to feather their own nests... [and] white people trying to exclude poor minorities from their communities while still appearing liberal...&amp;quot;.  &gt; Always remind people that the price of an apartment... doesn&amp;#039;t come built into its walls and floors.  &gt; Acknowledge that induced demand is a real thing, and think seriously about how new housing supply within a city changes the location decisions of people not currently living in that city.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejttl/monday_smackdown_physics_professor_phil_price_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133580 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **people**^#1 **apartment**^#2 **city**^#3 **think**^#4 **NIMBY**^#5\""}
{"_id": "15951", "title": "", "text": "\"House prices do not go up.  Land prices in countries with growing economies tend to go up.  The price of the house on the land generally depreciates as it wears out. Houses require money; they are called money pits for a reason.  You have to replace HVAC periodically, roofs, repairs, rot, foundation problems, leaks, electrical repair; and all of that just reduces the rate at which the house (not the land) loses value. To maintain value (of the house proper), you need to regularly rebuild parts of the house.  People expect different things in Kitchens, bathrooms, dining rooms, doors, bedrooms today than they do in the past, and wear on flooring and fixtures accumulate over time. The price of land and is going to be highly determined by the current interest rates.  Interest rates are currently near zero; if they go up by even a few percent, we can expect land prices to stop growing and start shrinking, even if the economy continues to grow.  So the assumption that land+house prices go up is predicated on the last 35 years of constant rigorous economic growth mixed with interest rate decreases.  This is a common illusion, that people assume the recent economic past is somehow the way things are \"\"naturally\"\".  But we cannot decrease interest rates further, and rigorous economic growth is far from guaranteed. This is because people price land based on their carrying cost; the cost you have to spend out of your income to have ownership of it.  And that is a function of interest rates.  Throw in no longer expecting land values to constantly grow and second-order effects that boost land value also go away. Depending on the juristiction, a mortgage is a hugely leveraged investment.  It is akin to taking 10,000$, borrowing 40,000$ and buying stock.  If the stock goes up, you make almost 5x as much money; if it goes down, you lose 5x as much.  And you owe a constant stream of money to service the debt on top of that. If you want to be risk free, work out how you'd deal with the value of your house dropping by 50% together with losing your job, getting a job paying half as much after a period of 6 months unemployment.  The new job requires a 1.5 hour commute from your house.  Interest rates going up to 12% and your mortgage is up for renewal (in 15 years - they climbed gradually over the time, say), optionally. That is a medium-bad situation (not a great depression scale problem), but is a realistic \"\"bad luck\"\" event that could happen to you.  Not likely, but possible. Can you weather it?  If so, the risk is within your bounds.  Note that going bankrupt may be a reasonable plan to such a bit of bad luck.  However, note that had you not purchased the house, you wouldn't be bankrupt in that situation. It is reasonably likely that house prices will, after you spend ~3% of the construction cost of the house per year, pay the mortgage on the land+house, grow at a rate sufficient to offset the cost of renting and generate an economically reasonable level of profit.  It is not a risk-free investment. If someone tries to sell you a risk-free investment, they are almost certainly wrong.\""}
{"_id": "15972", "title": "", "text": "From an Indian tax point of view, this transaction is not taxable to you or your father."}
{"_id": "15988", "title": "", "text": "\"If your fianc\u00e9e took a title loan out on your truck you won't be able to trade it in for another vehicle until you pay the loan. The dealer will likely take your \"\"slightly newer\"\" truck back because you won't be able to produce the title for the trade until the other debt is settled. Title loans are a terrible idea. You should probably try to pay that loan off as quickly as possible regardless, because interest rates are terrible on these loans.  I will update this answer if you add details about the circumstances of the current loan on your truck.\""}
{"_id": "15994", "title": "", "text": "Legitimate, yes.  However, cosidering the fact that Chinese working conditions are often far from ideal to begin with, that even though the salaries are increasing considerably, the majority  of people would never pay extra for fair trade. Organic , big city people with higher living standards, yes quite possibly considering the food safety issues. Majority, no way, too expensive.  Any business idea based on fair trade in China is nothing but wishful thinking in my humble opinion."}
{"_id": "16003", "title": "", "text": "Cute little bookstores? I didn't know you had such contempt for them. I guess you've never been to one in your life other than to buy a sugary drink. Joke's on you, it's those drinks and the huge ass they've made in you what now has you strapped to your smelly sweaty chair clicking that filthy mouse with your clammy hands."}
{"_id": "16009", "title": "", "text": "I think people would probably buy it more if the brand didn't have so much negative buzz... It's like, someone recently asked me why I bought a BB (hadn't I heard how much financial mess they were in?), and I had to explain that despite the company's poor stock performance, the keyboard still works just as great as ever, and I still really like the interface (personal preference). The company may appear to be sinking, but even worst case I think there's a few years left in them."}
{"_id": "16013", "title": "", "text": "\"I personally found the \"\"For Dummies\"\" books, on property investment, very helpful and a great primer. I found them unbiased and very informative, laying out the basic principles. Depending on your knowledge it can provide you with enough of a foundation to have an informed conversation with banks/real estates etc.  Watch the markets for a while (at least 6 months) to know what prices vendors will be expecting and rents tenants will be expecting, most property magazines will also contain a suburb summary in the back.  When you get closer to purchase make sure to ask your bank for the RP Data reports on the properties you are looking at, the banks will typically provide these for free. I also set out some points for myself which I made clear for myself at the beginning: This might provide a good starting point and really narrow down your research options as generic research on property investment can be overwhelming. I ended up with a 3 Bedder in western Sydney that has so far happily paid for itself. Building a good relationship with real estate agents and attending lots of open homes/auctions and talking to other investors can only help.  I was once told if you attend free property investment seminars you will always learn at least one new thing (be it statistics, methodologies, finance options etc ), with that in mind always keep a level head, leave your wallet at home and don't sign up to anything.  At the end of the day keep a cool head, don't stop reading and rush nothing.\""}
{"_id": "16014", "title": "", "text": "I don't see it happening (a north african airport hub). Whilst I commend your cynicism on this day of enforced gorging on bullshit (Merry Christmas), at some point 'doing the right thing with the right intentions' will trump short-termism and finding loopholes."}
{"_id": "16032", "title": "", "text": "\"Congratulations on your graduation and salary.  You are in a great career field (I know from experience.)  As a background, I would feel pretty confident in your salary as demand for SE is pretty high right now.  During my career there were times that demand was pretty to very low.  Somehow I survived 2001 & 2002, but 2003 was a pretty rough year for me. Here is what I would do if I were you.   Paying off the smallest loans first gives you some great \"\"wind in the sails\"\", and encourages you to keep going.  I really like this approach despite being not the most mathematically efficient.   I'd reduce my car loan payment back to $200/mo. and put that as the last one to pay off.   With the tax refund, and any money left over, I pay off the student loans smallest to largest.  I would also consider reducing your savings to something around the 1K->2k range, and use that to pay down debt. If you use your tax refund, and some of the savings you'd have like 34K left to pay off.  Could you do that in like 14 months?  I think you could depending on your other expenses.  No more than 18 months, and if you really worked hard and picked up some work on the side maybe a year.   That is what I would do.\""}
{"_id": "16051", "title": "", "text": "The formula for determining the number of payments (months) you'll need to make on your loan is:  where i=monthly interest rate (annual rate / 12), A=loan amount (principal), and P=monthly payment. To determine the total interest that you will pay, you can use the following formula:  where P=monthly payment, N=number of payments (from above formula), and A=loan amount (principal). A quick example: using the numbers in the screenshot above ($10,000 loan, $500 monthly payment, 10% APR), the number of payments ends up to be 21.97 (which means that payment number 22 is slightly less than the rest).  In the second formula, you take that number times your $500 payment and determine that you have paid $10,984.81 over the course of the entire loan period.  Subtracting the principal, you have paid $984.81 in total interest. On your spreadsheet, the function you are looking for is NPER: NPER(rate, payment_amount, present_value, [future_value, end_or_beginning]) rate - The interest rate. (This should be the monthly rate, or the annual rate divided by 12.) payment_amount - The amount of each payment made. (For a loan payment, this should be a negative number.) present_value - The current value of the annuity. (The initial principal of the loan) future_value - [ OPTIONAL ] - The future value remaining after the final payment has been made.  (This should be 0, the default if omitted.) end_or_beginning - [ OPTIONAL - 0 by default ] - Whether payments are due at the end (0) or beginning (1) of each period."}
{"_id": "16067", "title": "", "text": "&gt; You could also interpret these actions as satisfying consumer wants, instead of as some sort of conspiracy.  Except that the want didn't exist before the product/company was introduced.  &gt; If you, as an individual decided to pawn of responsibility for for purchases on other people, you'd be seen as ridiculous, and rightly so.  This is a core difference between the political left and right.  The right believes we are autonomous and our decisions are our own.  The left believes we and the choices we make are strongly shaped by our environment.  The older I get them more I realize the right is wrong on this one.  &gt; Exactly how much better than everyone else do you think you are?  *chuckles* Ad hominem much?  I am often amazed how easy it is to manipulate me."}
{"_id": "16068", "title": "", "text": "I have not opened any NRE/NRO account before coming to Finland.  This is in violation of Foreign Exchange Management Act. Please get this regularized ASAP. All your savings account need to be converted to NRO. Shall I transfer funds from abroad to both NRE and NRO account or I can transfer only to NRE account in India? You can transfer to NRE or NRO. It is advisable to transfer into NRE as funds from here can be repatriated out of India without any paperwork. Funds from NRO account need paperwork to move out of India. I am a regular tax payer in abroad. The Funds which i'll transfer in future will attract any additional tax in India? As your status is Non Resident and the income is during that period, there is no tax applicable in India on this. Few Mutual Fund SIPs (monthly basis) are linked with my existing saving account in india. Do these SIPs will stop when the savings account will turn into NRO account? Shall I need to submit any documents for KYC compliance? If yes, to whom I should submit these? is there any possibility to submit it Online? Check your Bank / Mutual Fund company. Couple of FDs are also opened online and linked with this existing saving account. Do the maturity amount(s) subject to TDS or any tax implication such as 30.9% as this account will be turned into NRO account till that time and NRO account attracts this higher tax percentage. These are subject to taxes in India. This will be as per standard tax brackets. Which account (NRE/NRO) is better for paying EMIs for Home Loan, SIPs of Mutual Funds, utility bills in India, transfer money to relative's account etc Home Loan would be better from NRE account as if you sell the house, the EMI paid can be credited into NRE account and you can transfer this out of India without much paperwork. Same for SIP's. For other it doesn't really matter as it is an expense. Is there any charge to transfer fund from NRE to NRO account if both account maintain in same Bank same branch. Generally No. Check with your bank. Which Bank account's (NRE/NRO) debit/ATM card should be used in Abroad in case of emergency. Check with your bank. NRE funds are more easy. NRO there will be limits and reporting. Do my other savings accounts, maintained in different Banks, also need to be converted into NRO account? If yes, how can it be done from Abroad? Yes. ASAP. Quite a few leading banks allow you to do this if you are not present. Check you bank for guidance."}
{"_id": "16078", "title": "", "text": "In our website you will find a great variety of strollers for your baby: Strollers, Strollers 2 pieces, Strollers 3 pieces, Strollers Twin. Strollers, light chairs, second-rate, umbrella type, folding, Uppababy Vista Stroller and many there are 1000 ways to call them. The most important characteristics when choosing the purchase of the stroller are weight, size, folding, reclining and great practicality, so, as the baby grows, the stroller becomes a essential item for our daily life."}
{"_id": "16081", "title": "", "text": "1.45 and 1.40 are the last trade prices.  The last trade (1.45) for the 27 strike call must have occurred earlier than the last trade (1.40) for the 26 strike call.  These options have low liquidity and don't trade very often.  You have to look at the bid and ask prices to see what people are currently bidding and asking for those options.  As you can see, the premium based on the bids and asks does decrease the further you go out of the money."}
{"_id": "16090", "title": "", "text": "A currency that is strong right now is one that is expensive for you to buy. The perfect one would be a currency that is weak now but will get stronger; the worst currency is one that is strong today and gets weak. If a currency stays unchanged it doesn't matter whether it is weak or strong today as long as it doesn't get weaker / stronger. (While this advice is correct, it is useless for investing since you don't know which currencies will get weaker / stronger in the future).  Investing in your own currency means less risk. Your local prices are usually not affected by currency change. If you safe for retirement and want to retire in a foreign country, you might consider in that country's currency."}
{"_id": "16096", "title": "", "text": "That\u2019s your opinion, nicer is all in the eye of the beholder. Again, I could barely pick out milwaukee on a map but it\u2019s the rumor here. And yes, wages are certainly a concern for Amazon. All companies evaluate employment costs and workforce competitiveness."}
{"_id": "16121", "title": "", "text": "Is that even a question? Congress can't pass shit, just look at the boarder crisis... Which leaves only the executive and judicial branches to pass law... and the way that works is the NLRB passes new rules and the judicial branch decides if they are legal or not.  And to your dictatorship point, for fucks sake, the current administration has been far more passive with their executive powers than most administrations... its just extremest GOP tarts who don't believe in science or rational thinking that using that claim to rally their base... I mean a war on whites, the things that come out of these peoples mouths."}
{"_id": "16165", "title": "", "text": "Well I'm glad Congress is focusing on the important part of this. Not consumer access to credit reports or fraud protection or liability limitation for consumers, but let's protect the idiots who were sitting in the corner lighting their own farts while the bank was being robbed."}
{"_id": "16169", "title": "", "text": "What  sounddude said, mortgage servicing companies do not get to unilaterally change the terms of a mortgage.  Although I'm inclined to guess it was a simple coding error on BOA's part (wrong processing box got checked when mortgage was acquired) that was never caught, in which case BOA *should* be falling all over themselves to fix the situation (on their dime).  If they don't fix it in a hurry, then I'd hope they get their head handed to them in court in a hurry."}
{"_id": "16175", "title": "", "text": "\"The best strategy for RSU's, specifically, is to sell them as they vest. Usually, vesting is not all in one day, but rather spread over a period of time, which assures that you won't sell in one extremely unfortunate day when the stock dipped. For regular investments, there are two strategies I personally would follow: Sell when you need. If you need to cash out - cash out. Rebalance - if you need to rebalance your portfolio (i.e.: not cash out, but reallocate investments or move investment from one company to another) - do it periodically on schedule. For example, every 13 months (in the US, where the long term cap. gains tax rates kick in after 1 year of holding) - rebalance. You wouldn't care about specific price drops on that day, because they also affect the new investments. Speculative strategies trying to \"\"sell high buy low\"\" usually bring to the opposite results: you end up selling low and buying high. But if you want to try and do that - you'll have to get way more technical than just \"\"dollar cost averaging\"\" or similar strategies. Most people don't have neither time nor the knowledge for that, and even those who do rarely can beat the market (and never can, in the long run).\""}
{"_id": "16187", "title": "", "text": "The business and investment would be shown on separate parts of the tax return. (An exception to this is where an investment is related and part of your business, such as futures trading on business products)  On the business side of it, you would show the transfer to the stocks as a draw from the business, the amount transferred would then be the cost base of the investment.  For taxes, you only have to report gains or losses on investments."}
{"_id": "16188", "title": "", "text": "\"The problem is, who is going to be left holding the coins when the market is over?  That's one of the things that really turns me away from cryptocurrency. The idea of a decentralized currency, I really love. But I can't help but feel they are all basically Ponzi schemes.   People invent new types of cryptocurrency (like Ethereum) and the creators have the first chance to mine the coins with zero competition since no one else knows it's a currency yet. After they mine several million coins, they publicize the new currency and a bunch of short term investors buy into it and hoard up the coins because they are into it for short term gains. The price of this sexy new cryptocurrency spikes with all this interest, and then when the price is high the big early investors dump their coins on the \"\"casuals\"\" who frequent cryptocurrency forums. These users all proclaim how it's so much safer than the dollar and this particular cryptocurrency is better than the other cryptocurrencies so they buy into it... and meanwhile some hot new startup just spun up some even newer cryptocurrency and is mining it while investors hype it up...  There are over a dozen cryptocurrencies now, how many were hyped up as the next big thing with news headlines like this? How many tens of millions of dollars of hard earned savings were taken from cryptocurrency supporters who wanted a safe alternative to fiat currencies? It's just sad really, half these currencies are just exploiting people's fear of fiat currency and basically using that fear to scam them.\""}
{"_id": "16195", "title": "", "text": "Apart from investing in their own infrastructure, profits can be spent purchasing other companies, (Mergers and Acquisitions) investing in other securities, and frankly whatever they please. The idea here is that publicly traded companies have a fiduciary duty to their shareholders to make as much money as they can with the resources (including cash, but including so much more than that) available to the company. It happens that the majority of huge companies eventually stopped growing and figured out that they weren't good at making money outside their core discipline and started giving the money back through dividends, but that norm has been eroded by tech companies that have figured out how to keep growing and driving up share prices even after they become giants. Shareholders will pressure management to issue dividends if share prices don't keep going up, but until the growth slows down, most investors hang on and don't rock the boat."}
{"_id": "16197", "title": "", "text": "Aside from the fact that you could now get spam calls and mailings, nothing negative at all. With your account number, anyone can send you money (which you probably wouldn't mind), but otherwise, no access is possible. In Germany, every company and many people publish their account number, so they can receive payment. Every invoice contains address, phone number, and account numbers of the company that bills you, so you are able to send them money to pay the invoice. Nobody can access the money or details of your account with only the name and number; it needs your online login user id and password, or your (government issued) ID to do so. You don't need to worry at all."}
{"_id": "16210", "title": "", "text": "As operations at a large bank I find I'm there longer than most of the BU. I certainly envy them. Your day is very compressed, but at the end of the day you can go workout/see your kids game/and get a good nights rest. Comparatively I know some people on equity research and they are on a 8am-8pm schedule."}
{"_id": "16229", "title": "", "text": "Not really an answer, but too long for a comment: Since anyone can create their own cryptocurrency (see  http://www.bitclone.net/) the value of new cryptocurrencies is very  small. According to https://bleutrade.com/exchange/MINT/USD for  example, 100,000 mintcoins is worth less than $1. Even if they give  you 20% interest, that interest is on mintcoins, not dollars. If the  mintcoin rates falls by more than 20%, you would've been better off  withdrawing your mintcoins immediately. Check to see how much they pay  for various tasks and compare it to the current exchange rate. Realize  the exchange rate may go down as more mintcoins are created."}
{"_id": "16230", "title": "", "text": "Yeah, fuck those hippies, making you shop at stores you don't want to and buy products you don't want to.  Tip 1: grab from the back for perishables. Tip 2: pretty sure they'll do a refund or exchange on about anything for about any reason.  Never tried it, though I have also been burned by early mold."}
{"_id": "16257", "title": "", "text": "I see exponentially fewer ads than I did in the 80s and 90s.   I never watch tv, only streaming with no ads. I'm all over the internet but all my devices block ads.    I also now live in a place with no billboards, so all that crap is  gone from my life as well."}
{"_id": "16270", "title": "", "text": "In Houston, Texas USA where I went to a private high school they had a half-semester class in personal finance, but it was optional and didn't give you any credits towards graduation. You are right though, it should be a standard class. After all, who doesn't need that information in their adult lives, and not everyone goes to college."}
{"_id": "16277", "title": "", "text": "The only time the utilization percentage makes a difference is when the data is being pulled for a credit check. During the months leading up to the loan application through the settlement date of the loan keeping this percentage low makes sense. The number reported is the current value of the ratio not an average.  You can pre-fund the credit card but don't go overboard. If you keep a negative balance (lets say they owe you $100) for a few months they may decide to send you a check for the balance they owe you."}
{"_id": "16278", "title": "", "text": "I have questions for you - As the others have stated, now really isn't the time to do anything to turn short term liquidity into long term investments. I'll contradict that only for matched 401(k) deposits. The answers to these questions will prompt more/better responses."}
{"_id": "16292", "title": "", "text": "I asked a friend and he gave me a good explanation, so I'm just gonna paste it here for others: There is a simple and a complex answer depending on how much you want to understand the pricing dynamic of options.  LEAPs don't react 1:1 with a stock move because the probability of your option being in the money at expiry is still very much up in the air so you basically don't get full credit for a move in the stock this far out from expiry. The more complex answer involves a discussion of option 'greeks'.  Delta, Gamma, Theta, Vega, and Rho are variables that affect the pricing of all options.  The key greek in this case is Delta because it describes mathematically the expected move of an option as a ratio vs changes in stock price.  For put options the ratio is -1 to 0 where -1 is direct correlation between stock price and option price and 0 is no correlation.  The Delta increases as an option gets deeper in the money and also as it gets closer to expiry and reflects the probability of the option expiring in the money.  For your option contract the current Delta is -0.5673  so -3.38 * -0.5673 = 1.9 which is close.  Also keep in mind that that strike price had a last trade at 12:03 when the stock was at 13.3 and the current ask price is 22.30 so the last price isn't a true reflection of the market value.   As for the other greeks, Gamma is a reflection of volatility in the sense that it affects the rate of change of Delta as price and time changes.  Theta is the value of the time component of the option and is expressed as the expected time decay per day.  The problem is that the time premium is really some arbitrary number that the market maker seems to be able to change at will without justification and it can fluctuate wildly over short periods of time and I think this may explain some of the discrepancy.   If you bought the options when AAPL was $118.68 a couple weeks ago (option price of $18.85) and now AAPL is at $112.34 and the Delta over that time averaged at -0.55 then your expected option price would be $22.34 (($118.68 - $112.34) * 0.55 + 18.85 = $22.34) so you lost around $0.24 in time premium or 'Theta burn' over the last 2 weeks assuming it opens trading around 22.1 on Monday. Your broker should have information about the option contract greeks somewhere.  For my platform I have to put the cursor over top of the option contract for it to show me the greeks.  If your broker doesn't have this then you can get it from nasdaq.com. This is another reason that I only invest in deep in the money LEAPs because the time premium is much much lower than near the money and also because delta is much higher so if I want to trade out of it early I don't feel like I'm getting ripped off not getting paid for a stock price move.  For example look at the Jan 17 175 put.  The Delta is -0.9 and the time premium is only $0-1 depending if you are looking at the bid or ask.  The only downside is expected returns are lower for deep in the money contracts and they are expensive to buy."}
{"_id": "16301", "title": "", "text": "Your Crochet is your one stop destination for finding free crochet patterns Amigurumi. It is easy and you can learn them with our free patterns. Amigurumi is a Japanese crocheting technique of creating fun and beautiful stuffed animals using yarns. You can also use this technique to create people and animated objects using yarn as well. If you have vivid imagination and creative inclination then Amigurumi crocheting is for you."}
{"_id": "16306", "title": "", "text": "A quick search showed me that UEP merged into Ameren on Dec 31, 1997, and Ameren still exists today.  So I took a look at Ameren's Investor Relations website.   Unfortunately, they don't provide historical stock prices prior to Ameren forming, so starting with 1998.  However, I've had good luck in the past emailing a company's investor relations contact and asking for data like this that isn't on the website.  It's reasonably likely they'll have internal records they could look it up within."}
{"_id": "16322", "title": "", "text": "\"OHHHHH so you just lumped me into a category without knowing my history. You see. I voted and supported Obama his first term. I gave him benefit of the doubt on his second but half way in to the second term k started to lose my faith in him. You knew that though right? I was advocating for unity and getting money out of politics in 2008.  Where were You? \"\"When they go low we go.....low also?\"\" So your goal is to play the game the GOP played and you so vehemently hated?....\""}
{"_id": "16348", "title": "", "text": "When I traveled to Germany,  I found it was much better to get cash at ATMs and use credit cards.  The exchange rate was better than exchanging dollars for Euros at an exchange center.  Just make sure you have enough cash to get from the airport to whereever your are traveling.  The airport exchange rates were terrible."}
{"_id": "16353", "title": "", "text": "Target, the 2nd largest discount chain announced that it will stop offering Amazon's e-reader Kindle because of a \u00abconflict of interest\u00bb while Barnes &amp; Noble and Apple devices will continue to be offered. According to Molly Snyder, Target spokesperson, the decision to drop Kindle e-readers starting this spring came after a review of the retailer's merchandise, which consisted of evaluations on prices and quality of their products. However, Norton Medical and Scientific Research &amp; Biotechnology got a hold of an internal memo regarding the removal of Amazon hardware (Kindle) from Target stores starting this month and while some accessories are to remain in stock, shipments of the tablet will stop beginning on May 13. Before the Minneapolis-based retailer started offering Kindles in June 2010, Amazon only sold the tablet on its own website. But after recognizing the need of customers to see the products in person before buying, Amazon approached Target for some sort of partnership, followed by WalMart, Best Buy and Staples. Even though most of the Kindle items are being sold at Amazon, Target's 1,800 stores nationwide have made it one of the biggest Kindle retailers in the physical world. In fact, Target has announced after last year's Thanksgiving that the Kindle was the bestselling tablet in its stores. Target's move is perhaps due to the fact that Apple products are being promoted prominently in the store. But Snyder declined to say more but \u00abWe will continue to offer our guests a full assortment of e-readers and supporting accessories\u00bb regarding the apparent partnership with Apple. According to a statement from the retailer, the \u00abvery tight alignment\u00bb of Kindle with the online store Amazon, their direct competitor, explains the conflicting interest presented as the reason. Target's decision to drop Kindle might also be a boycott to manufacturers' using their brick and mortar stores to as a showroom of products. This often happens as customers go to retailers like Target in order to personally check out an item and then buy the item online for a cheaper price. In fact, Target has already appealed to vendors for aid in developing exclusive products and rivaling prices online. \u00abWhat we aren't willing to do is let online-only retailers use our brick-and-mortar stores as a showroom for their products and undercut our prices,\u00bb said a Target in a statement. The absence of Kindle from Target stores is not likely to stop Amazon customers from visiting Target for other products but Norton Medical and Scientific Research &amp; Biotechnology said the move will definitely send a message to Amazon."}
{"_id": "16379", "title": "", "text": "Either approach will put a strain on your friendship, unless you are willing to treat it as a gift which may or may not be returned rather than a loan. I agree that paying it direct to the dealer (or giving her a check that is made out to the dealer) avoids the risk of the money getting sidetracked."}
{"_id": "16388", "title": "", "text": "I recommend saving for retirement first to leverage compound interest over a long time horizon. The historical real return on the stock market has been about 7%.  Assuming returns stay at 7% in the future (big assumption, but don't have any better numbers to go off of), then $8,000 saved today will be worth $119,795 in 40 years (1.07^40*8000).  Having a sizable retirement portfolio will give you peace of mind as you progress through life and make other expenditures. If you buy assets that pay you money and appreciate, you will be in a better financial position than if you buy assets that require significant cash outflows (i.e. property taxes, interest you pay to the bank, etc.) or assets that ultimately depreciate to zero (a car).  As a young person, you are well positioned to pay yourself (not the bank or the car dealership) and leverage compound interest over a long time horizon."}
{"_id": "16392", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cbsnews.com/news/could-illinois-be-the-first-state-to-file-for-bankruptcy/) reduced by 90%. (I'm a bot) ***** &gt; A financial crunch is spiraling into a serious problem for Illinois lawmakers, prompting some observers to wonder if the state might make history by becoming the first to go bankrupt.  &gt; At the moment, it&amp;#039;s impossible for a state to file for bankruptcy protection, which is only afforded to counties and municipalities like Detroit.  &gt; As for Illinois, Rauner on Thursday called state legislators to a 10-day special session starting next week to hammer out a budget deal and end an unprecedented impasse that could soon enter a third year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hq2wx/could_obamas_illinois_be_the_first_state_to_file/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146184 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **pension**^#2 **Illinois**^#3 **year**^#4 **bankruptcy**^#5\""}
{"_id": "16394", "title": "", "text": "Among all other competitive courses, most of the aspiring students choose business administration courses to reach the pinnacle of success. It is a known fact that associate degree gives a strong foundation to get you started in various fields such as sales, human resources, retail and hospitality management, and marketing."}
{"_id": "16407", "title": "", "text": "The only thing I noticed in the article was that he was complaining about the gridlock in DC.  It isn't helping that DC is consumed by the Russian scandal and the only major change the GOP is focused seems to be wiping out health care for the poor and middle class in exchange for a tax break for billionaires.  Of course that is getting stuck.   Plus the Muslim ban and EPA edicts are kind of one pager decisions that break existing laws.  They are clearly created by people who don't understand how laws and the government works.  The administration were to change laws they don't like rather than just vomit out random administrative orders.  Of course those get stuck in the court system.     Frankly, I don't want to see the GOP succeed with any of those initiatives as they are only deliberating between bad and terrible changes for the country.   When a government is fucked, gridlock is a good thing."}
{"_id": "16426", "title": "", "text": "\"As an American who just came back from spending two years in a developing country, uniformed statements like this really annoy me. Say what you will about the state of the American economy and political system, but the United States has one of the finest road systems the world. Our roads are wide, well-paved, and graced with lines that tell traffic exactly where it should be and what it should be doing at all times. When there are potholes, they are the exception, not the rule. I just spent the last two years in a poor country with narrow, horrible, and often unpaved roads. When a road was paved, it often was more pothole than pavement. Sometimes, you would come across a little island of asphalt in a sea of mud that would let you know that at some point in the past the road had been paved. Before somebody calls the American road system \"\"third world,\"\" perhaps they should spend a little time living in the actual third world.\""}
{"_id": "16432", "title": "", "text": "These scenarios discuss the period to 2025. They assess the deep uncertainty that is paralysing decision-taking. They identify the roots of this as the failure of the social model on which the West has operated since the 1920s. Related and pending problems imply that this situation is not recoverable without major change: for example, pensions shortfalls are greater in real terms that entire expenditure on World War II, and health care and age support will treble that. Due to the prolonged recession, competition will impact complex industries earlier than expected.  Social responses which seek job protection, the maintenance of welfare and also support in old age will tear at the social fabric of the industrial world. There are ways to meet this, implying a major change in approach, and a characteristic way in which to fail to respond to it in time, creating a dangerous and unstable world. The need for such change will alter the social and commercial environment very considerably. The absence of such change will alter it even more.  The summary is available [here](http://www.chforum.org/scenario2012/paper-4-6.shtml) or at the foot of the link given in the header. The much richer paper is [here](http://www.chforum.org/scenario2012/paper-4-1.shtml).  These scenarios are the latest in a series in a project that dates back to 1995. Over a hundred people participated from every continent, over a six month period. The working documents are available on the web."}
{"_id": "16449", "title": "", "text": "Thank you for pointing out one of the biggest flaws of that argument. To add to your points: Even if they used simple savings accounts for all their money (poor idea), the banks can still lend it as business/home loans... The money doesn't just site there."}
{"_id": "16452", "title": "", "text": "Yes, and you get those benefits by having ECDSA end-entity (leaf) certs. The root and intermediate don't really matter; they (well, usually just the EE and intermediate) are simply sent along with the client certificate and the client does the calculations to verify the signature. Let's Encrypt has supported ECDSA leaf certs for some time.  ECDSA roots and intermediates are still nice, but they mostly decrease the size of the certificate chain and lower the initial connection time a little bit."}
{"_id": "16456", "title": "", "text": "Sorry, but I am absolutely correct.  Fractional reserve lending (banking) is simply that when someone deposits money into a bank, the bank is allowed to loan that money out, so long as they keep a reserve.  If the reserve rate is 10% (it's much lower in reality), and someone deposits $100 into the bank, the bank can then loan out $90.  That is fractional reserve lending at its most basics.  Now fractional reserve lending does have a multiplier effect.  And this effect is exactly how I described it.  Let's go back to the example.  Person A deposits the $100, the bank then loans $90 to person B, person B spends it with person C, person C takes the money and deposits back to the bank.  Now the bank has the $100 cash back, $90 in loans and the $190 in deposits, so they need to hold onto $19 as a reserve and can loan out $81.  Assuming the money cycles with 100% efficiency, the bank can continue loaning out the same money until they are left with $1000 in deposits, $900 in loans, and the original $100 is the reserve.  This is the multiplier effect."}
{"_id": "16462", "title": "", "text": "&gt; I thought we could have a friendly conversation, but it seems like this went out the window;   Honestly, please stop crying.  If my original sin was not suffering fools well, then yours was wading into a conversation representing yourself as knowledgeable on the subject (and dismissive of the authors, who are demonstrably knowledgable).  &gt;The author is just a sheltered university teacher that does not seem to know what reality looks like, and you seem to protect him which speaks volume about you as well.  Again, one of the authors is the long-time manager of the Yale endowment, possibly one of the most famous and best-performing in the world.  He has literally pioneered an entire approach to investment management.  *What have you done?*"}
{"_id": "16466", "title": "", "text": "I fell into a similar situation as you.  I spent a lot of time trying to understand this, and the instructions leave a lot to be desired.  What follows is my ultimate decisions, and my rationale.  My taxes have already been filed, so I will let you know if I get audited! 1.)  So in cases like this I try to understand the intent.  In this case section III is trying to understand if pre-tax money was added to your HSA that you were not entitled too.  As you describe, this does not apply to you.  I would think you should be ok not including section III (I didn't.) HOWEVER, I am not a tax-lawyer or even a lawyer!   2.) I do not believe these are medical distributions From the 8889 doc....   Qualified HSA distribution.   This is a distribution from a health flexible spending arrangement (FSA) or health reimbursement arrangement (HRA) that is contributed by your employer directly to your HSA. This is a one-time distribution from any of these arrangements. The distribution is treated as a rollover contribution to the HSA and is subject to the testing period rules shown below. See Pub. 969 for more information.   So I don't think you have anything to report here.   3.) As you have no excess this line can just be zero.   4.) From the 8889 doc This is a distribution from your traditional IRA or Roth IRA to your HSA in a direct trustee-to-trustee transfer.   Again, I don't think this applies to you so you can enter zero. 5.) This one is the easiest.  You can always get this money tax free if you use it for qualified medical expenses. From the 8889   Distributions from an HSA used exclusively to pay qualified medical expenses of the account beneficiary, spouse, or dependents are excludable from gross income. (See the line 15 instructions for information on medical expenses of dependents not claimed on your return.) You can receive distributions from an HSA even if you are not currently eligible to have contributions made to the HSA. However, any part of a distribution not used to pay qualified medical expenses is includible in gross income and is subject to an additional 20% tax unless an exception applies.   I hope this helps!"}
{"_id": "16491", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-markets/feds-great-unwinding-lifts-dollar-china-rating-gets-the-chop-idUSKCN1BW03Z?il=0) reduced by 83%. (I'm a bot) ***** &gt; NEW YORK - The U.S. Treasury yield curve flattened to a two-and-a half month low and key world stock markets fell on Thursday, as investors assessed indications from the U.S. Federal Reserve that it may raise interest rates a third time this year.  &gt; U.S. stocks pulled back from their all-time highs, though bank stocks cheered the prospect of higher interest rates which should help their profits.  &gt; China&amp;#039;s markets were already closed by the time it came but it kept the pressure on emerging markets stocks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71lga0/feds_great_unwinding_lifts_dollar_china_rating/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~214093 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **market**^#2 **rate**^#3 **U.S.**^#4 **more**^#5\""}
{"_id": "16507", "title": "", "text": "You can\u2019t say low buildings are popular if constructing tall ones is illegal, it doesn\u2019t make sense.  Unless you\u2019re a civil engineer, you\u2019re not qualified to speak on whether or not it would be a good idea to build taller buildings in NZ.  If supply is artificially restricted, prices will rise. That\u2019s econ 101. It\u2019s the same reason prices are out of control in San Francisco."}
{"_id": "16510", "title": "", "text": "\"I'm not the OP, but I'm happy to give a brief overview.  Basically, pre-JOBS act there were a lot of limits on who could make an equity investment in a non-public company (i.e. a startup or even a hedge fund). There were some loopholes, but basically you had to be an 'accredited investor'. An accredited investor was someone who either has made $200,000+ ($300,000+ for married people) for the past two years and expects to make that much again in the current year. Alternately, they could have a net worth of $1 million, excluding the value of their primary residence. There was also a limit of 500 investors for a non-public company before the company had to become public (they didn't really have to IPO, but they did have to file their financials with the SEC, so the effect was basically the same). Finally, non-public companies were prohibited from seeking investment through advertising basically. They couldn't take out an ad in a paper or event send a mass email and say, \"\"Hey, we're looking to raise a $1 million funding round, contact us if you're interested!\"\"  Okay, now after the JOBS Act.  The JOBS Act changed a) the number and type of investors who could make equity investments in a non-public company b) the regulation of advertising for investments.  Post-JOBS private companies could have 2,000 shareholders and 500 of those could be unaccredited (e.g. regular people like you and I). The change in the number of shareholders isn't really that important because it's just shareholders of record, but that's another post for another day. There are still some requirements for unaccredited shareholder, which I don't remember off the top of my head. I think you have to have income of at least $40k. They also changed the solicitation ban, so it's possible that you might see an ad in the WSJ someday for a startup company, venture capital fund, hedge fund, etc.  There are some other things it changed, but IMO those are the two most important.\""}
{"_id": "16531", "title": "", "text": "Looking at the SPY option chain you posted, all of the call options with a strike price of 199.50 or higher have a bid of N/A.  That's because the ask price for all of those options is 0.01, and the bid price has to be less than the ask price, but buyers are not allowed to bid 0.00.  It's not accurate to say that no one wants to buy those calls - anyone who wanted to buy one of those calls would just buy it at the ask price of 0.01. So why are people selling those calls for just 0.01?  The further out of the money you go as you get closer to expiration, the less likely the underlying stock or ETF (SPY in this case) will go over the strike price, and the less you can sell it for.  SPY closed yesterday at about 195, and it would have to go up almost 2.5% today for the 199.50 calls to be in the money, and a 2.5% move in one day is extremely unlikely."}
{"_id": "16543", "title": "", "text": "Here's the issue with LTC and, really, underwritten insurance in general; no one has a crystal ball.   Based on today's available rates where's the sweet spot to buy LTC? Probably right around the mid-60s, because you probably won't pay much in before you start gutting the carrier (assuming you can make it through underwriting in your mid-60s). The issue is, what happens when some life event changes your underwriting status?  Would you rather buy prematurely or be excluded entirely?  Those are generally your two options when it comes to individual LTC.  The underwriting eligibility window on LTC is very  narrow.  There's a very very small space between the best possible underwriting and being flatly declined.   Look for an LTC agent in your area.  Likely someone in your circle of friends and family will know a reputable/knowledgeable insurance agent who can run up some quotes at various underwriting classes.  Try to avoid looking at quotes for your age + 10 years to see what the quote will look like 10 years from now.  10 years from now the rate tables will be significantly different. Whether or not you should buy LTC now rather than waiting will depend on a whole host of other criteria.  Personally, if I was 50 and my biggest health concern was improving my run time and LTC is on my mind, I'd just pick up a policy now while I will likely be in a preferred underwriting class rather than waiting and hoping my health doesn't betray me. Obviously I'm a stranger on the internet and none of this is actual advice.  You should find an agent local to you and talk about your options and situation."}
{"_id": "16548", "title": "", "text": "\"I thought I'd see if the credit card companies had anything to say about this while trying to get merchants to sign up. I went to visa.com, clicked \"\"Run Your Business\"\" in the top nav, then \"\"Accept Visa Payments\"\". This page has a \"\"More benefits of accepting Visa\"\" link with an overlay (which I can't easily link directly to), which includes these lines: While the average cash transaction is $17, credit card purchases average $70 while debit card purchases average $36.\u00b2 \u00b2 Visa Payment Panel Study (2Q11 to 1Q12 time period); Visa MARS Data: March 2015 \u2013 May 2015  That obviously doesn't tell the entire story (I suspect people are more likely to pull out cash when they're just buying a stick of gum, and more more likely to pull out a card when they're buying large electronics), but certainly there is some evidence from the credit card companies themselves that people spend more when using cards, which is one of the aspects they use to convince merchants to accept cards. I think the best evidence that people spend more is that more and more merchants accept cards. Accepting cards comes with some significant costs (though it's important to keep in mind that accepting cash can come with some significant costs as well). I suspect that merchants wouldn't do so unless the increased sales that they get for accepting cards makes up for the fees that they need to pay and the equipment they need to buy to accept them (not to mention the risks of chargebacks and the like).\""}
{"_id": "16559", "title": "", "text": "When you need cash fast, Denton Auto title loans can help you with a bad credit car loan that puts money in your pocket within a short period of time. The company offers easy basic steps for car title loan approval."}
{"_id": "16562", "title": "", "text": "As a thought experiment I suppose we can ask where dividends came from and what would be different if they never existed. The VOC or Dutch East India Companywas the first to IPO, sell shares and also have a dividend.   There had been trade entrepot before the VOC, the bulk cog (type of sea-going ship) trade in the Hanseatic League, but the VOC innovation was to pool capital to build giant spice freighters - more expensive than a merchant partnership could likely finance (and stand to lose at sea) on their own but more efficient than the cogs and focused on a trade good with more value.  The Dutch Republic became rich by this capital formed to pursue high value trade. Without dividends this wouldn't have been an innovation in seventeenth century Europe and enterprises would be only as large as say the contemporary merchant family networks of Venice could finance.  So there could be large partnerships, family businesses and debt financed ventures but no corporations as such."}
{"_id": "16563", "title": "", "text": "\"Your lack of numbers makes the question a difficult read.  What I'm hearing is \"\"I want a house requiring a mortgage 8X my income.\"\"  This alone is enough to suggest it's a bad deal. On a personal note, when my wife and I bought our house, it was 2.5X our income. 20% down, so the mortgage was exactly 2X income. And my wife was convinced we were in over our heads.  The use of a partner who will take a portion of the profit is interesting, but doesn't change the fact that you are proposing to live in a house that costs far too much for you. If you are determined to buy such a house, I'd suggest you do it with the plan to rent out a room or two to roommates. If you are living in an area where the cost of buying is so high, the demand for rentals is likely high as well.  Absent a plan to bring ion more income, I see no good coming from this. Heed the warnings posted in the other two answers as well.\""}
{"_id": "16576", "title": "", "text": "With eSalesData working for you, your sales teams will be positioned to reach out to architects and architectural executives across the globe. Each of our lists passes through a rigid system of verification and cross-referencing immediately prior to delivery. As committed to client satisfaction as we are to data hygiene, we at eSalesData pledge to replace any and all purchased records that are found to be obsolete or inaccurate."}
{"_id": "16580", "title": "", "text": "There's no point in posting something if no one can read it. I'm not paying for a subscription to something just because some guy posted it on reddit.  Mirror, copy-paste, or link to a free article. If you're going to post here under the pretense of delivering me information, then deliver me information."}
{"_id": "16585", "title": "", "text": "Credit cards always charge for withdrawing cash, because if they didn't then you could have an indefinite loan and pay no interest simply by withdrawing enough cash each month to pay off the previous month's bill before the due date. It's nothing to do with using an ATM -- they'll charge you for getting a cash advance over the counter as well."}
{"_id": "16586", "title": "", "text": "this post offers valuable information we can all use when scouting for frequent flyer credit cards. let's all support this post of my friend, sean travis, by reading and sharing it to all our friends and followers in different social networking sites."}
{"_id": "16589", "title": "", "text": "Via twitter?  He'd have to have signed something and, based on the context of the discussion, it didn't appear they had any agreement whatsoever.  Yes, if a contract exists between them, NDA or otherwise, the circumstances can be altered by the contract, but that's not the context of OP."}
{"_id": "16596", "title": "", "text": "\"&gt;I was refreshing when he did it, so I saw him downvote me in real time.  So you are watching his computer screen?  As that is the only way you can see such a thing.  For all you know it could been someone else who saw your comment and downvoted it.  More so it could been very well reddit's spam filtering, as it will sometimes auto downvote comments as a counter measure on the up and down votes.  &gt;Anyway, I suspect that FatStig is your alter account anyway, so you're essentially just a little contrarian who doesn't contribute to the discussion.  Do you like making up bullshit claims or something?  I only have this account and no I am not defending them.  I am more mocking you if you will over getting all upset over being downvoted.  &gt;this is way harsher than I wanted to be with you  If you think how you being with me is harsh then you got to be the nice \"\"harshest\"\" person ever.\""}
{"_id": "16602", "title": "", "text": "Congress sets the budget, not the President.  In 1981, the [97th Congress](https://en.wikipedia.org/wiki/97th_United_States_Congress) had a Democratic House and a Republican Senate.  In 1990, the [101st Congress](https://en.wikipedia.org/wiki/101st_United_States_Congress) had a Democratic majority in both the House and the Senate.  In 2001, the [107th Congress](https://en.wikipedia.org/wiki/107th_United_States_Congress) had a Republican majority in the House, and a Democratic majority in the Senate, albeit for a period where the Republicans had tie-breaking ability in the Senate.  Of these three, for only part of the 107th did the Republicans control Congress as a whole.  There may be criticism of the GOP on spending, but it's not based on the graph shown."}
{"_id": "16606", "title": "", "text": "\"Given the state of the economy, and the potential of a rough near future for us recent grads (i.e. on/off work), I would recommend holding off on large purchases while your life is in flux.  This includes both a NEW car and purchasing a house. My short answer is: you need a reliable vehicle, so purchase a used car, from a major dealer (yes this will add a fairly high premium, but easier financing), that is 4-5 years old, or more.  Barring the major dealer purchase, be sure to get a mechanic to check out a vehicle, many will offer this service for a reasonable payment.  As people point out, cars these days will run for another 100k miles.  You will NOT have to pay anywhere near $27,000 for this vehicle.  You may need to leverage your 10k for a loan if you choose to finance, but it should not be a problem, especially as you seem to imply an established credit history. In addition to this, start saving your money for the house you would like to eventually get.  We have no idea where you live, but, picking rough numbers, assuming a 2 year buy period, 20% down, and a $250,000 home, the down payment alone will require you to save ~$2,000/month starting now. Barring either of these options, max out your money to tax sheltered accounts (your Roth IRA, work 401k, or a regular IRA) asap.  Obviously, do not deplete your emergency fund, if anything, increase it.  10k can be burned through in a heartbeat. Long Answer:  I purchased a brand new car, right out of school, at a reasonable interest rate.  Like you, I can afford this vehicle, however, if someone were to come to me today (3.5 years later) and offer me the opportunity to take it back and purchase a 4-5 year used vehicle, at a 4-5 year used car price, albeit at a much higher interest rate (since I financed), it would be about a 0.02 second decision. I like my car, but, I'd like the differential cash savings between it and a reliable used car more.  $27,000 is also fairly expensive for a new vehicle, there are many, very nice vehicles, for 21-23k.  I still would not consider these priced appropriate to spend your money on them, but they exist.  However, you do very much need a reliable vehicle, and I think you should get one. On the home front, your $400 all inclusive rent is insanely cheap.  Many people spend more than that on property tax and PMI each year, so anyone who throws the \"\"You're throwing money away!\"\" line at you is blowing smoke to justify their own home purchase.  Take the money you would have spent on a mortgage, and squirrel it away.  Do your own due diligence and research the home market in your area and decide for yourself if you think home prices have bottomed and will stay there, have further to go, or are going to begin to rise.  That is a decision only you can make for yourself. I'd add a section about getting expenses under control, but you said you could save 50% of your takehome pay.  This is an order of magnitude above the average.  Good job.  Try doing 50% for 4 months, then calculate your actual amount.  Then try to beat it.\""}
{"_id": "16626", "title": "", "text": "\"Here's a number-crunching example of how the \"\"Zero interest rate\"\" offer is misleading. Suppose the offer is that a car \"\"costs $24,000.00 with zero percent financing over 24 months\"\"  or as an alternative, \"\"$3,000.00 off for cash\"\". Ignore the hype:  the quoted prices and the quoted interest rates.  Look at what really happens to two people who take advantage of the two offers, One person hands over $21,000.00 cash, and leaves with the new car. The second promises to make 24 payments of $1000.00, one a month, starting in one month's time, and also leaves with the same make and model new car. The two people have received exactly the same benefit, so the two payment schemes must have the same value. A mortgage program will tell you that paying off a $21,000.00 loan by making 24 monthly payments of $1000.00 requires an interest rate of 1.10% a month, or an effective annual rate of 14.03%.\""}
{"_id": "16646", "title": "", "text": "\"The complacency, apathy, and ignorance of the majority of Americans is the only reason the economic inequality in America was ever able to reach such devastating proportions. The business culture in this country is ruining average quality of life, and I fundamentally do not believe that you are okay with that. And if you are, then you're just adding to the problem by either being sympathetic towards a delusion or an active apologist for greed, and thus put yourself in the category of people to be on the receiving end of that \"\"fuck you\"\".\""}
{"_id": "16661", "title": "", "text": "\"Before the IARC listed RoundUp as a probable carcinogen, all other agencies and research were unable to find a link between RoundUp and cancer.  Now we learn that the IARC ignored evidence that RoundUp doesn't cause cancer that was done by one of their own scientists.  I'm not a fan of Monsanto's business practices, but when you ignore scientific evidence because it doesn't match what you \"\"feel\"\" about the company and their products, then you are no different than a climate change denier.  http://www.motherjones.com/environment/2017/06/monsanto-roundup-glyphosate-cancer-who/\""}
{"_id": "16670", "title": "", "text": "\"This is what is called \"\"weasel words\"\". They're trying to put some authority into their ad, but since they don't have any - they're putting meaningless words that sound important. Monetary policy is the state/central bank policy to control the supply of the available currency. Cannot think of a way to connect it to private investments.\""}
{"_id": "16681", "title": "", "text": ".. No  If I can make a job offer for $7 per hour and people apply.. Why would I ever pay more? I'm not forcing people to apply. They want the job. If $7 an hour is good enough for the workers who apply, then it's good enough for me. Why pay more when I can pay less? I'll need to hire people soon for packing and shipping and you bet I'll be paying the state minimum wage because I know I'll have people applying to work."}
{"_id": "16682", "title": "", "text": "I think the point is that there is something structurally wrong with a company if it has billable orders a year and a half out, for a super -premium priced product, and it still can't make money.  It's like, what is the turning point we are waiting for? I don't know that startup apologies are applicable when you have an 18-month lead time for six-figure cars. You can't claim that you're still trying to build a customer base with that kind of wait list.  You can't talk about economies of scale, not when you can't even service your existing customers, especially not with this kind of product.  If an 18-month waitlist of customers ready and eager to pay the super-premium asking price is not enough to break even, what would be?"}
{"_id": "16685", "title": "", "text": "I think if there were evidence that the company was overvalued there would be a rather large correction.  The muted response is nothing more than a sigh of relief from the market.  The task that Tesla has to complete to maintain its valuation is staggering."}
{"_id": "16699", "title": "", "text": "\"Sorry to say it this blunt, but you really have no idea about his true nature. You know what others wrote or said about him. Not him personally.  I think this whole debate is rather moronic. We have a lot of hearsay about all the \"\"bad\"\" things Jobs did. Think about your own life. Think about how people who don't like you could easily describe your actions as evil. Not even by lying, just by leaving out certain parts.  I don't know if Jobs was an asshole or a nice guy. And I don't give a shit. Why would I? I think this debate is mostly about linkbait and fanboys going at each other. (\"\"My hero is the best!\"\", \"\"No, your hero is evil!\"\")  Please don't drag this idiotic debate here.\""}
{"_id": "16714", "title": "", "text": "See, unlike you, I know the general ordinances regarding taxis in my area backwards and forwards because I worked in the industry for eight years. It is utterly clear that Uber/Lyft are taxis in that they transport people for payment. The only exceptions are hotel airport shuttles, and buses that fall under another classification."}
{"_id": "16733", "title": "", "text": "\"I have always found that the \"\"free\"\" planners are just salesmen pointing you in their best interests. Not that it won't get you a good deal in the processes, but, in my experience, they usually just recommend products that give them the best commission, finders fee, kickback, whatever.  Flat fee financial planners are not really to my liking either. This is a taste thing, but generally, I feel like now that they have my fee, what interest do they have in taking care of me. That doesn't mean that they don't give good advise however. They may be a good first step. Percentage based financial planners, those that charge a percentage of assets under management, are my recommendation. The more money they make me the more money they make. This seems to work out quite well.  Whatever you do, you need to be aware that financial planners are not just about recommending products, or saving money. That's part of it, but a good planner will also help you look at monthly budgets, current costs, liabilities, and investments. You want to look for someone that you can basically tell your goal to - \"\"I want to have x amount of money saved for y date,\"\" for example, or \"\"I want to reduce my bills by z amount in x months\"\".  Run from any planner that looks only at the large sum as the \"\"solution\"\" or only source of money. You want a planner that will look at your first house mortgage(s), care loans, income, other investments, etc. and come up with a full plan for everything.  If you're only trying to invest the new house money, and that's it, you're better off just sticking with Google and some research on your own.\""}
{"_id": "16745", "title": "", "text": "It depends on the terms of the mortgage. Generally speaking, residential mortgages specifically prohibit letting out a property without the bank's express permission -- but as you say, that tends to assume that the whole property is being let, not just a part of it. Conversely, buy-to-let mortgages generally prohibit living in the property yourself! The final arbiter as to what is allowed under a mortgage is the mortgage provider; so the safest option is to speak to one or more banks, and see what they say. (Note that if you're changing the use of part of a property from business to residential, you may need to apply for permission; check with your local council.)"}
{"_id": "16747", "title": "", "text": "\"The previous answers make valid points regarding the risks, and why you can't reasonably compare trading for profit/loss to a roll of the die. This answer looks at the math instead. Your assumption: I have an equal probability to make a profit or a loss. Is incorrect, for the reasons stated in other answers. However, the answer to your question: Can I also assume that probabilistically speaking, a trader cannot do worst than random? Is \"\"yes\"\". But only because the question is flawed. Consequently it's throwing people in all directions with their answers. But quite simply, in a truly random environment the worst case scenario, no matter how improbable, is that you lose over and over again until you have nothing left. This can happen in sequential rolls of the dice AND in trading securities/bonds/whatever. You could guess wrong for every roll of the die AND all of your stock picks could become worthless. Both outcomes result in $0 (assuming you do not gamble with credit). Tell me, which $0 is \"\"worse\"\"? Given the infinite number of plays that \"\"random\"\" implies, the chance of losing your entire bankroll exists in both scenarios, and that is enough by itself to make neither option \"\"worse\"\" than the other. Of course, the opposite is also true. You could only pick winners, with an unlimited upside potential, but again that could happen with either dice rolls or stock picks. It's just highly improbable. my chances cannot be worse than random and if my trading system has an edge that is greater than the percentage of the transaction that is transaction cost, then I am probabilistically likely to make a profit? Nope. This is where it all falls apart. Just because your chances of losing it all are similarly improbable, does not make you more likely to win with one method or the other. Regression to the mean, when given infinite, truly random outcomes, makes it impossible to \"\"have an edge\"\". Also, \"\"probabilistically\"\" isn't a word, but \"\"probably\"\" is.\""}
{"_id": "16751", "title": "", "text": "Putting Chris's comment as an answer: It's your income, not your spouse's income. You can give her the money, but you'll still be paying tax on it To elaborate more - the general principle of income taxation is that income is taxed when received, and specific expenditures can be deducted. If you giving the money to your spouse is not one of this specific deductibles - then it is not deductible. Your income, nevertheless, is still taxed to you - as you're the one to receive it."}
{"_id": "16752", "title": "", "text": "\"Not sure if romney's logic is,\"\"Hey! I broke it, only I know how to fix it!\"\" or, \"\"Elect me so I can drag American pay down to third world status and get those jobs back!\"\"  Either way, it sure takes a lot of balls to claim \u201cIf I\u2019m president of the United States, [outsourcing jobs  overseas is] going to end,\u201d when you were personally responsible for much of it.\""}
{"_id": "16767", "title": "", "text": "&gt;Better for you and for me, yes, but not for the disadvantaged without benefactors. That's the situation I was in.   That wasn't exactly my point. I'm all for helping people, and social security does help people, and I am very happy it helped you - I'm not disputing that.   What I'm saying is that what you got from social security is not as good as what you would have got from a $500,000 - $1,000,000 term life insurance policy. For people in there 20s, in good health, that kind of policy should be $20-$40/month, which could easily be bought with the money we otherwise spend on social security. (Now... whether parents would actually be responsible enough to buy term life insurance and put money towards retirement if we didn't have social security is a WHOOOOOOOOOLE nother discussion.)  That's all I'm saying - I'd rather buy term life and invest for my own retirement because me and my family will come out ahead of where social security will put us. I'm really not a financial wizard, and I have to believe that this type of plan would work well for everyone else, too."}
{"_id": "16774", "title": "", "text": "There's nothing particularly special about a two million dollar cheque. While they aren't commonplace, the bank certainly has experience with them. Many ATMs won't allow a deposit of that size but the bank cashiers will certainly accept them. They will typically get a supervisor to sign off on the deposit and may ask about the source of the money, for fraud prevention reasons. They may be held for longer than a smaller cheque if the bank manager chooses to do so. If there's nothing remotely suspicious (for example, it is a cheque from an insurance company for an expected payout), you should expect it will clear in about a week. On the other hand, if it is a cheque from a bank in another country and the bank manager has any reason to suspect it may not be legitimate, they may hold it for a month or more. Even then, you are not guaranteed the cheque was legitimate. This is used in a common scam."}
{"_id": "16775", "title": "", "text": "Found another one. Not sure if they ship to US  http://www.iceplc.com/"}
{"_id": "16778", "title": "", "text": "Although this scheme is likely to get shut down rather quickly by either your broker or credit card company some points you seem to have missed out on. Properly timed you should be able to get ~55 days of grace period (30 day billing cycle + 25 day grace period) assuming you pay everything off every month and charge immediately following the statement date.  You will need to avoid certain card issuers that code all transactions with financial institutions as cash advances (Citibank in paticular). If it is possible it would be in your best interest to lower cash advance limits to 0 to avoid any chance of cash advance fees. If your credit card attempts to process it as a cash advance the transaction will just be declined and you won't be out anything. Otherwise one cash advance fee will eat several months worth of profits. As far as investments with guaranteed principal goes the only thing you can realistically do is money market accounts and maybe treasury notes. Anything else and the short term price fluctuation may leave you high and dry. If this scheme were to work you would be much better off attempting to get rewards for the purchases than anything you could invest in. If you used a 2% card and churned it every month you would be looking at a 24% return on credit card rewards. Even 1% rewards gives you a 12% annual return which is going to beat anything you could invest the money in."}
{"_id": "16806", "title": "", "text": "I would never trade after hours and I have 30 years of trading experience.  It is a very volatile emotion driven market without a lot of the big players that arbitrage wrong pricing.   If I were you I would simply use limit orders you input while the market is closed.   If you want to get kute you can put in low-ball offers (and vice versa) to see if they get filled in the volatility at market open.  Then check in (when?) when you wake up (or before you go to bed, etc) and revise the limit if not filled.   In other words don't 'trade'.  Know what your company is worth and put in orders that reflect that."}
{"_id": "16841", "title": "", "text": "Was Denninger ever not fed up? Dude seems to be in a perpetual state of rage. Kind of amazing that he has time to run a business what with all the blogging, TV interviews, radio shows, book-writing, etc. Much of what he says makes sense but it's hard to take him seriously when his presentation is so juvenile."}
{"_id": "16846", "title": "", "text": "On average, the market will be down 1 year out of 4. 26 of the last 100 years on the S&P were negative. The Roth conversion offers a unique opportunity to convert early in the year, and decide at tax time next year whether you are happy with the result. Of course, if your fund or stock is up, you are likely better off, paying the $1250 tax on the $5000 conversion that's now worth $6000 or more. If it's down, you can recharacterize. The volatility of the market helps makes this process more attractive. If my converted shares dropped quite a bit, the recharacterization is far more desirable than a small drop or no drop at all. Of course we don't wish for that drop, any more than we wish for our house to burn down to make our insurance pay off.  To be clear, you'll benefit from a conversion she the market goes up. The downturn only lets you reverse the bad move."}
{"_id": "16853", "title": "", "text": "\"To me it seems much easier to amazon yes, but much less beneficial to local economies. These new rules will have an effect similar to the way that Walmart contributed to the decline of \"\"mom n pop\"\" shops, taking money away from people in the communities and into the pockets of shareholders and executives.\""}
{"_id": "16866", "title": "", "text": "\"Thanks for bringing up gift economies. The \"\"barter-to-credit story\"\", as you call it, is a good just-so story for explaining our current monetary system, but it's not how it actually happened. It's important to emphasize that.  The gift economy is the original economy. It's used in small groups,bands or tribes of up to ~100 people, where you keep how much each person owes you in your head. These peoples don't have writing, remember.  The problem with the gift economy is that it doesn't scale. Once you've got more than a couple hundred people or so (basically, Dunbar's number), or too many tradable goods and services, it starts to break down. People can't keep track of their debts anymore, and it becomes harder to agree on prices.  Random aside: It's interesting to look at communism with this in mind, because essentially it's a return to something very much like a gift economy, but on a grand scale. But despite modern records-keeping and communication, it failed because we still can't coordinate such a large economy without some sort of market to set prices.\""}
{"_id": "16870", "title": "", "text": "well Russia is the biggest importer of meat and fruits from the EU. so yeah, it kinda hurts... but I don't really think anything will change. once those sectors get hurt, subsidies will poor in so ppl won't lose jobs. sure it hurts, a bit, but on large scale it's rather a joke.  on the other hand, 12 years ago when the US renamed French fries to freedom fries, and german imports were rejects for over 3 month, that was more childish than trade sanctions."}
{"_id": "16895", "title": "", "text": "\"The translation scheme is detailed in IRS Publication 15, \"\"Employer's Tax Guide\"\". For the 2010 version, the information is in Section 16 on Page 37. There are two ways that employers can calculate the withheld tax amount: wage bracket and percentage. Alternatively, they can also use one of the methods defined in IRS Publication 15-A. I'll assume the person making $60k/yr with 10 allowances is paid monthly ($5000/period) and married. Using the wage bracket method, the amount withheld for federal taxes would be $83 per pay period. Using the percentage method, it would be $81.23 per pay period. I don't recommend that you use this information to determine how to fill out your W-4. The IRS provides a special online calculator for that purpose, which I have always found quite accurate. Note: \"\"allowances\"\" are not the same as \"\"dependents\"\"; \"\"allowances\"\" are a more realistic estimation of your tax deductions, taking into consideration much more than just your dependents.\""}
{"_id": "16911", "title": "", "text": "Email marketing has numerous advantages to the business.  It's is very growable for any business. You can send marketing messages at once to thousands of clients, which helps you to save time. If you want to Email marketing gainesville fl for your small business, then you can visit our website. We will provide you many internet marketing campaigns. Our service packeges are  less expensive compared to other marketing company."}
{"_id": "16918", "title": "", "text": "You're reading what you want, not what I wrote. I didn't say we should send those 2,000,000 people home. I said there is no reason to **increase** spending on the military. For 2018, the proposal is to spend $10 billion on developing and building new planes, while only $300 million is for pay raises and new recruits. If you're telling me that $10 billion in building aircraft (high skilled labor jobs) will help the same number of people as putting $10 billion towards, say, building domestic *infrastructure* (low-skilled labor jobs), you're out of your mind."}
{"_id": "16919", "title": "", "text": "I will respectfully disagree with you on the need for a social safety net and will cite the obvious example in Iceland.  Of course, self-interest (political, monetary) will not allow it to happen. The entire thing is beyond ridiculous at this stage. Then again, I am but a simple trader and have no desire to be an analyst, so what do I know. I just take the trades."}
{"_id": "16920", "title": "", "text": "It has been so particularly open-handed with people like you to offer easily what exactly many of us would've supplied as an e-book to end up making some dough for themselves, primarily now that you might well have done it in the event you wanted."}
{"_id": "16924", "title": "", "text": "It depends on why the stocks crashed. If this happened because interest rates shot up, bonds will suffer also. On the other hand, stocks could be crashing because economic growth (and hence earnings) are disappointing. This pulls down interest rates and lifts bonds."}
{"_id": "16926", "title": "", "text": "Courts don't do justice - courts do law. Every rule has its own twists. While patenting is trying to protect real innovators from copycats it is also in a way covering patent trolls and allowing them to to do justice. Its just like rights - too little hurts people, too many makes the whole system look like everybody is on drugs. Be careful what you wish :-)"}
{"_id": "16961", "title": "", "text": "The Federal Reserve Bank publishes exchange rate data in their H.10 release. It is daily, not minute by minute. The Fed says this about their data: About the Release The H.10 weekly release contains daily rates of   exchange of major currencies against the U.S. dollar. The data are   noon buying rates in New York for cable transfers payable in the   listed currencies. The rates have been certified by the Federal   Reserve Bank of New York for customs purposes as required by section   522 of the amended Tariff Act of 1930. The historical EURUSD rates for the value of 1 EURO in US$ are at: http://www.federalreserve.gov/releases/h10/hist/dat00_eu.htm If you need to know USDEUR the value of 1 US$ in EUROS use division 1.0/EURUSD."}
{"_id": "16997", "title": "", "text": "\"As cars age, the amount of deprecation tends to decrease.  You have already lost between 19 and 17K on the car in the past 3.5 years.  You can't lose that much on that car ever again!  First because it is not worth that much.  Second, because even if the engine blows up, or it is totaled you can always get about $300-$400 for it. If you trade this car for a newer model the same exact scenario is likely to happen again.  In three years (or so) the car will lose half its value.  If you happen to stick the same price point, and are comfortable with $5000/year going \"\"out the window\"\", then it might be time to trade up. You can get a decent idea of what your car will be worth in the 2.5 years by seeing what a 2006 with 116K miles on it.  One option is to keep driving it after it is paid off.  With putting a little money into it, and having it detailed every once in a while it can feel like a pretty sweet ride for many years and miles to come.  Even if you have maintenance costs, you won't have a car payment.  How sweet would that be?\""}
{"_id": "17008", "title": "", "text": "Why are doctors so overworked? Maybe their AMA cartel restricting new entry is to blame. They also lobby to restrict the number of procedures that nurses can legally perform and limit the number of medical schools. This is a huge factor in the cost of health care in the United States."}
{"_id": "17010", "title": "", "text": "From what I know it's not that simple for multitude of reasons.  1. Some don't want to make the transition because family/community reasons (e.g. My grandfather did it, my dad did it, so I gotta do it too)  2. Some people take pride in coal mining (e.g. Do hard labor and put the food on the table).  3. Lots of people in these mining/rural areas are afflicted with drug addiction (i.e. cocaine) and are basically unemployable.  4. As the article mentioned, few, if any, training programs."}
{"_id": "17060", "title": "", "text": "Whether you are planning an exhibition or commercial installation, BETH SCHIIFFER offers a variety of substrates ranging in size from 8\u00d710 \u2013 48\u00d7120. All work is customized and tailored to client specifications for the most beautiful and professional presentation befitting your art."}
{"_id": "17071", "title": "", "text": "I have recently started using Transferwise to transfer money between the U.K. and The Netherlands. Transferwise has lower fees than other companies.  They use a pseudo-peer-to-peer money transfer system.  When person A transfers \u00a3 to \u20ac, and person B transfers \u20ac to \u00a3, they effectively cancel these two agains teach other, which significantly lowers exchange fees for both A and B. I am not affiliated with Transferwise other than as a customer."}
{"_id": "17081", "title": "", "text": "Very true. Just open your eyes. We no longer have soup lines, they just pass out debit cards now. You want to see it first hand try a job as a grocery checker in middle america, that is if you can find one to begin with."}
{"_id": "17092", "title": "", "text": "I work in marketing. Finance is probably the safest route with regards to opportunity and stability. Marketing can be expendable. Finance usually can't.   That being said, it really depends on your personality type. Marketing people and Finance people are two different breeds. If you're the type that likes a very linear, matter-of-fact field, stick to finance where numbers don't lie.   If your more of an extrovert who likes to think creatively in a field of a lot of unknowns, marketing may be the way to go."}
{"_id": "17107", "title": "", "text": "\"Monkey,  Big four accounting firms have FRM departments. Maybe you could apply to one of those.  FRM is mostly about Credit Risk (Loans, advances, receivables) and Market Risk (IR, FX).   I'm trying to \"\"break into\"\" credit risk myself, but materials are difficult to find. It's about modeling portfolio default probabilities and losses given default. You'll impress with basic programming and advanced prob&amp;stats.  Can you ask your professor to recommend a book on Credit Risk?   For Market Risk, I know that a lot of the work guys do is pricing IR and FX swaps in Bloomberg. Take a class in derivatives, if you can.\""}
{"_id": "17110", "title": "", "text": "Because this is Money.SE and you're connecting it to offspring, I'd think about a discussion with them to get their agreements. From my perspective, anything (my wife and) I have will go to offspring in the end. As such, everything borrowed and not repaid simply reduces the estate by that much. Among multiple offspring, such reductions should be against the borrower rather than spreading it out. That should be accounted for in whatever will is created. This would be the discussion point. It might also be discussed how or even if any interest should accrue for unpaid amounts. If, for example, a 1% APR is agreed upon for unpaid loans, then the final principle+interest amount is taken off of the borrower's inheritance. Existing outstanding loans might (or might not!) be useful examples for sample calculations if desired or needed. (If nothing else, they might serve as reminders that loans were not forgotten.) By having such a discussion, you can show that you are trying to plan for a fair distribution of your estate, perhaps thereby sidestepping any concern about charging interest to offspring for repaid loans. At the same time, you're handing over some financial responsibility, giving them a power of personal choice, which seems to be a part of what you're concerned about. Once such a discussion is started, it's possible that any question of interest will resolve itself naturally. The discussion almost necessarily must include all offspring at once. One will find it harder to negotiate from a standpoint of pure self-interest without objection from another. Think beforehand about what will be said and about what responses might come. Think things through as much as you can."}
{"_id": "17114", "title": "", "text": "Some of the factors that will act on house prices are: There will likely be a recession in that country, which will lower incomes and probably lower housing prices. It will likely be harder to get credit in that country so that too will increase demand and depress demand for housing (cf the USA in 2010.) If Greece leaves the Euro, that will possibly depress future economic growth, through decreased trade and investment, and possibly decreased transfer payments. Eventually the budget will need to come back into balanced which also is likely to push down house prices. In some European countries (most famously Spain) there's been a lot of speculative building which is likely to hang over the market. Both countries have governance and mandate problems, and who knows how long or how much turmoil it will take to sort that out. Some of these factors may already be priced in, and perhaps prices are already near what will turn out to be the low. In the Euro zone you have the nearly unprecedented situation of the countries being very strongly tied into another currency, so the typical exchange-rate movements that played out in Argentina cannot act here.  A lot will depend on whether the countries are bailed out, or leave the Euro (and if so how), etc.  Typically inflation has been a knock-on effect of the exchange rate moves so it's hard to see if that will happen in Greece. Looking back from 2031, buying in southern Europe in 2011 may turn out to be a good investment.  But I don't think you could reasonably call it a safe defensive investment."}
{"_id": "17127", "title": "", "text": "The 'standard' thing to do, after double checking your numbers to see if you can find or remember the actual reason for the discrepancy is to use an Income account for 'extra' money and an expense account for 'lost' money. The Imbalance account is meant as a temporary placeholder for monies not yet put into their right account. I personally use Income:Other Income for such found money, and Expenses:Adjustment for lost money."}
{"_id": "17138", "title": "", "text": "\"First they failed miserably to meet their Windows 10 adoption goals, and now they've fired a bunch of people to \"\"refocus\"\".  Microsoft should abandon the Windows Kernel. They should adopt a variety of *nix, the way Apple did, and then give Windows away as a free Desktop Environment like KDE and Gnome.   Then they can focus on their applications. Office, exchange, and so on, which is where their profits have been coming from for the last several years. They could market and sell those apps to people on all platforms, which would probably help their sales.  Microsoft is in a dangerous situation. They belong to an old model, before open source took off. Microsoft became huge when computers were out of reach from the general public. They had early access to the machines which gave them an edge. Now everyone is on equal footing and the philosophy of freely sharing software tools to enrich everyone's lives is becoming more popular than the idea of making money from software.  If Microsoft can't do something to keep their products \"\"worth buying\"\" in the face of completely capable and free competition, they're going to shrink a lot.   For many of us Microsoft's products stop being worthwhile several years ago. They don't currently offer anything that can't be had elsewhere for free, and their products are not really any easier or more stable or reliable than the competition, despite their marketing efforts to convince you otherwise.\""}
{"_id": "17161", "title": "", "text": "I think even the kids are experiencing franchise fatigue.  Lego has been pretty tied to the big franchises with DC/Marvel/Star Wars taking up a huge percentage of their products.  My son is getting burnt out on all those and really seems to be yearning for something new.  We already have like 20 Lego batmen floating around the house, what's so exciting about picking up another?"}
{"_id": "17166", "title": "", "text": "According to the 401K information from the IRS' website, it seems that you could seemingly get away with a salary as low as $53,000. It's tough, and I'd suggest speaking with an Accounting professional to get the clear answers, because as Brick's answer suggests, the IRS isn't super clear about it.  An excerpt from a separate page regarding 401K contributions: The annual additions paid to a participant\u2019s account cannot exceed the   lesser of: There are separate, smaller limits for SIMPLE 401(k) plans. Example 1: Greg, 46, is employed by an employer with a 401(k) plan and   he also works as an independent contractor for an unrelated business.   Greg sets up a solo 401(k) plan for his independent contracting   business. Greg contributes the maximum amount to his employer\u2019s 401(k)   plan for 2015, $18,000. Greg would also like to contribute the maximum   amount to his solo 401(k) plan. He is not able to make further   elective deferrals to his solo 401(k) plan because he has already   contributed his personal maximum, $18,000. He has enough earned income   from his business to contribute the overall maximum for the year,   $53,000. Greg can make a nonelective contribution of $53,000 to his   solo 401(k) plan. This limit is not reduced by the elective deferrals   under his employer\u2019s plan because the limit on annual additions   applies to each plan separately. https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-401k-and-profit-sharing-plan-contribution-limits"}
{"_id": "17167", "title": "", "text": "And that's your choice man just because you don't like the deal doesn't make it a scam. Everyone knows what's going on going into the deal.   Also you should know I'm not the one downvoting you I just disagree with you."}
{"_id": "17173", "title": "", "text": "\"The American Express Centurion Card (the \"\"Black Card\"\") is for extremely wealthy people who like to show off how much they spend. There are no cash back benefits like you have with traditional rewards cards. The benefits are all geared toward spending more money, not saving money.   For example, the benefits include a personal travel agent, personal shoppers at high end stores, elite status with airlines and hotels, etc.  There are some benefits that you could put a dollar value on. For example, first class upgrades and complementary companion airline tickets. If you like to fly first class and you do a lot of flying, it is conceivable that you could come out ahead.  However, someone that does that much flying has probably already achieved elite frequent flyer status and enjoys regular upgrades without the Black card. In my opinion, it is pretty difficult to justify the initiation and annual fees of this card as anything but a luxury.\""}
{"_id": "17184", "title": "", "text": "\"When a question is phrased this way, i.e. \"\"for tax purposes\"\" I'm compelled to advise - Don't let the tax tail wag the investing dog.  In theory, one can create a loss, up to the $3K, and take it against ordinary income. When sold, the gains may be long term and be at a lower rate. In reality, if you are out of the stock for the required 30 days, it will shoot up in price. If you double up, as LittleAdv correctly offers, it will drop over the 30 days and negate any benefit. The investing dog's water bowl is half full.\""}
{"_id": "17186", "title": "", "text": "Serious question - I don't work in finance, but I always hear how the big finance firms only hire the best and brightest and if they don't know anything, they'll pick it up quickly. How is it possible that those who work in derivatives find it that difficult to explain them. resistite's definition of derivatives is essentially what is taught to any beginner, so I don't quite understand how anyone with a finance background would find it difficult to explain (at least at a very general level)."}
{"_id": "17201", "title": "", "text": "It's very simple.  Use USDSGD.  Here's why: Presenting profits/losses in other currencies or denominations can be useful if you want to sketch out the profit/loss you made due to foreign currency exposure but depending on the audience of your app this may sometimes confuse people (like yourself)."}
{"_id": "17203", "title": "", "text": "\"&gt;we do have a lot if people saying \"\"Muslims are bad and boooh Islam.\"\"   Because it's considered \"\"hate speech\"\". Don't dance around the topic.  &gt; To your WWII comment. This was the darkest time of German History ...  Which you need to avoid from ever happening again. By allowing free speech.  Yes, Germans (I have many relatives in Germany) are more open than ever, but if we continue with this \"\"hate speech\"\" nonsense, Germany will become like Sweden.  As you know, Sweden used to be the most open and free country the world. Now, a 78 years old Swedish lady is facing a lawsuit because she dared to say that Muslim urinate in the street.  **What makes you sure that Germany will not becomes today's Sweden?**\""}
{"_id": "17208", "title": "", "text": "See my comment for some discussion of why one might choose an identical fund over an ETF.  As to why someone would choose the higher cost fund in this instance ... The Admiral Shares version of the fund (VFIAX) has the same expense ratio as the ETF but has a minimum investment of $10K.  Some investors may want to eventually own the Admiral Shares fund but do not yet have $10K.  If they begin with the Investor Shares now and then convert to Admiral later, that conversion will be a non-taxable event.  If, however, they start with ETF shares now and then sell them later to buy the fund, that sale will be a taxable event. Vanguard ETFs are only commission-free to Vanguard clients using Vanguard Brokerage Services.  Some investors using other brokers may face all sorts of penalties for purchasing third-party ETFs.  Some retirement plan participants (either at Vanguard or another broker) may not even be allowed to purchase ETFs."}
{"_id": "17215", "title": "", "text": "The answer seems to depend on where you live.  Perhaps you already found this, but the summary from the IRS is: The insurance laws in some states do not allow a corporation to purchase group health insurance when the corporation only has one employee. Therefore, if the shareholder was the sole corporate employee, the shareholder had to purchase his health insurance in his own name. The IRS issued Notice 2008-1, which ruled that under certain situations the shareholder would be allowed an above-the-line deduction even if the health insurance policy was purchased in the name of the shareholder. Notice 2008-1 provided four examples, including three examples in which the shareholder purchased the health insurance and one in which the S corporation purchased the health insurance. Notice 2008-1 states that if the shareholder purchased the health insurance in his own name and paid for it with his own funds, the shareholder would not be allowed an above-the-line deduction. On the other hand, if the shareholder purchased the health insurance in his own name but the S corporation either directly paid for the health insurance or reimbursed the shareholder for the health insurance and also included the premium payment in the shareholder\u2019s W-2, the shareholder would be allowed an above-the-line deduction. The bottom line is that in order for a shareholder to claim an above-the-line deduction, the health insurance premiums must ultimately be paid by the S corporation and must be reported as taxable compensation in the shareholder\u2019s W-2. https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/S-Corporation-Compensation-and-Medical-Insurance-Issues I understand this to mean that you can only get the deduction in your case (having purchased it in your own name) if your state does not allow your S-Corp to purchase a group health plan because you only have one employee. (I don't know specifically if Illinois fits that description or not.)  In addition, there are rules about reporting health insurance premiums for taxes for S-Corp share members that you should also check.  Personally, I think that it's complicated enough that advice from a CPA or other tax advisor specific to your situation would be worth the cost."}
{"_id": "17218", "title": "", "text": "Lifecycle costs, opportunity costs, rate of returns, net present value, internal rate of return, etc are all business terms taught to business professionals because those very ideas are a product of the business profession.   Saying all bean counters don't understand the very basic principles that their craft has been built upon because you work with people who think are sub-par is a little generalizing. Like me saying that all engineers are self important assholes because I read your comment."}
{"_id": "17219", "title": "", "text": "A reason that the wealth has never, and will never, trickle down is because as society goes on, the wealth transfer only happens between upper tiers of society.  It USED to be that the rich would spend their money, and many people would benefit from it in a society. Small business owners were pretty much all their were, and the only people who had monopolies were the rail and oil lines.  As time went on, more major organizations sprang up, for news, food, computers, etc. Now wealth transfers only between the top tiers and the lower tiers only get the crumbs the higher tier chooses to pay them, which is significantly less than they used to. Whereas employees used to cost a reasonable value to a company, they are now almost entirely expendable assets (exceptions made for certain portions of history).  I am of the opinion that much like history, the cycle is going to repeat shortly, the Occupy Wall Street being a precursor to another wage fight between the rich and poor. With the dissemination of knowledge being much easier, more people are getting the general idea that they're getting shafted. They want to be rich, although not necessarily because the rich are wealthy, they simply want to be able to increase their class mobility. That's been dying a slow death for the past 20 years, and quite solidified by the bank bail out.  It's unfortunate a sizable portion of the population actually sides with the 1% of people actively preventing them from moving up, gaining more mobility and improving the quality of their life. I sincerely hope that at some point in the near future people realize this before the lower class goes apeshit and starts busting heads."}
{"_id": "17222", "title": "", "text": "Well, the figures are from 2002-2003. 2015 alone there were from different sources 1.5-1.7 million illegals entering Europe. The number of people of immigrant origin is larger in the EU than in the US. I'll give you online sources once I am able to do it. Can't spend time on it now.  I'm not really in this to win a debate, rather really curious of the reason behind the phenomena.   I strongly suspect an ideological and political choice. Hence this becomes among other things a question of morality."}
{"_id": "17229", "title": "", "text": "\"This is a good question and my answer below, being the first rationale that crossed my mind, is far from fleshed-out. It's just a reply based on many books on the historical cycles of markets and it's something I've discussed at work (I work in finance).   Historically we can observe that periods of financial \"\"booms\"\" entailing high valuations of public equities tend to lead to lower returns. It's a fairly simplistic notion, but if you're paying more now for something - when it's potentially close to a high water mark - then you're returns in the short term are likely to be somewhat stunted. Returns from the underlying companies have a hard time keeping up with high valuations such that investors aren't likely to see a bountiful return in the short run.\""}
{"_id": "17231", "title": "", "text": "This is often the case where traders are closing out short positions they don't want to hold overnight, for a variety of reasons that matter to them.  Most frequently, this is from day traders or high-frequency traders settling their accounts before the markets close."}
{"_id": "17237", "title": "", "text": "\"Yellow taxis and Ubers in NYC are TWO TOTALLY different tiers of cabs. I think you're confused with Uber vs Local Car Service companies: which BOTH are FHV vehicles (TLC).   Yellow taxis are the only cabs that can pick up street hails (which what the medallion is for.) Uber and all FHV vehicles (including local car service/limo companies) are strictly on a pre-arraigned booking contingent through the base. An Uber can never pick up a street hail. And, contrast, yellow cabs will never be \"\"phoned\"\" to pick up.   I think you need to research the amount of FHV vehicles there have been since the 60's. That number has always been higher than yellow taxis.   Get yer facts straight!!\""}
{"_id": "17252", "title": "", "text": "Definitely will be appealed several times throughout the litigation, but if it gets through a jury trial, the jury gets a lot of deference on what they determine damages are. As long as they aren't too ridiculous, higher courts will uphold big payouts."}
{"_id": "17269", "title": "", "text": "Whether applying for a job or buying a house, Offer a more specific price like $72,500, which tells them you thought hard about the price. $70K is too 'round' of a number. Additionally, your financial ability/condition can be a factor too. If you have 20% down, and your Realtor assures the seller that your transaction will go down without a hitch, and you'll be approved for a mortgage, they may accept your offer of $72,500 over the other guys $78K offer if [s]he has less desirable finances. Good Luck!"}
{"_id": "17274", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.commondreams.org/news/2017/08/11/universal-basic-income-needed-break-addiction-economic-growth-killing-us) reduced by 70%. (I'm a bot) ***** &gt; As some tech giants throw their weight behind the idea of a universal basic income, one anthropologist says it&amp;#039;s a key component of a strategy to break the &amp;quot;Addiction to economic growth [that] is killing us&amp;quot; and the planet.  &gt; The idea of a universal basic income is gaining attention in the U.S. thanks to a recent resolution put forth in Hawaii, and Philip Alston, U.N. Special Rapporteur on extreme poverty and human rights, said earlier this summer that a basic income is &amp;quot;a bold and imaginative solution&amp;quot; amidst growing economic insecurity.  &gt; Laura Williams of the U.K.-based advocacy group Global Justice Now recently asked, &amp;quot;Has the time for universal basic income come?&amp;quot;.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tlybg/jason_hickel_ubi_needed_to_break_addiction_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~190425 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **basic**^#1 **income**^#2 **Hickel**^#3 **economic**^#4 **planet**^#5\""}
{"_id": "17275", "title": "", "text": "I lost 5 years to my mental health, as well as many many people in my life (being bipolar has all sorts of nasty side effects, both on the up and down).  It can be beaten. I promise you, it can. I'm not here to promise you that you can be an astronaut or president, but then again, most people don't end up there. Even with that said, I'm not telling you it's impossible. Don't let anyone tell you that- because if you listen, then they're right.  My depression was beaten through forced activity. Sitting idle let the cobwebs thicken and the blood pump ever more slowly. By forced I mean one small productive task every 10 days- such as going to the grocery store. There were some days I ran out of food and couldn't bring myself to talk to a stranger on the phone to order delivery. Dark days.  Hang tough. Mental health is just below the surface of society, but I'm hoping the national conversation starts soon. So many of us hide this terrible burden and our healthcare system is failing everyone. Don't lose hope."}
{"_id": "17284", "title": "", "text": "MoneyDashboard or XeroPersonal  are similar sites to Mint.com  MoneyDashboard is planning on releasing an Android App XeroPersonal is also in development of an Android App  For more details about the differences between the two apps, see this Web App question"}
{"_id": "17285", "title": "", "text": "&gt; This is further supported by the fact that when I go into a Costco it's nearly impossible to find anyone to help me, and when I do, they are just about useless.  All part of the business model. They'd have to hire more people if you were expected to get easy help from employees."}
{"_id": "17307", "title": "", "text": "\"This is great. The ACA was objectively bad for healthcare/insurance companies. Now that it's a huge mess, people are looking to blame the GOP. \"\"It's republicans' fault Obamacare failed\"\" is ludicrous. It's more likely that the ACA was designed to fail.  But why would our lord and savior Barack Obama do something like that? No way would the Democrats ever do something malicious. They're the party of the People! The downtrodden! The little guy!  I'm willing to rail against the GOP just as much as the next guy, but this is next level mental gymnastics. Obamacare failed; it's the Dems fault. Own it.\""}
{"_id": "17338", "title": "", "text": "Yeah I know, but it is only a local monopoly. It would be a silly reason to move, but you could conceivably move a town over and get a different provider. I just mean none of them have a majority share of the total market."}
{"_id": "17347", "title": "", "text": "A simple rule of tax is , It doesn't matter where u live or your residence when it comes to income accruing in India .  As far as i know , You will need to find out the purchase prices of the inherited land and calculate the index value . Then pay tax on the capital profit (Not sure , I guess its 20%)  Example : Original value is 100,000 and the index value is 1,500,000 so the profit will be 650,000 . You pay 20% of the 650k only .  For paying minimum tax (Tax saving) There are few sections which gives exemption like purchase some bonds or purchase a house .  Its best if you ask a chartered accountant , For this simple case he shouldn't charge much. He should have updated knowledge of the situation and guide you better ."}
{"_id": "17348", "title": "", "text": "Crazy how AIM is now worthless but Whatsapp was worth $18 billion.  I wonder what AIM could have implemented that would have made it valuable back when it was at its height of popularity. An ad service? A mobile app?"}
{"_id": "17366", "title": "", "text": "Doesn't matter anyway.  We have at least 6 degree Celsius rise in temps assured by 2050-2060.  Very likely 10 degree  Celsius increase by 2100.  The ocean is warming faster than thought on the most dire predictions.  Food chain is going to collapse."}
{"_id": "17378", "title": "", "text": "In regards to your 1st question, if you are a US resident (according to IRS rules) and you have any foreign bank accounts, then you need to file a FBAR form for every year in which any of these accounts has more than $10,000. This is the way that IRS keeps track of substantial amounts of money kept by US residents in foreign accounts."}
{"_id": "17380", "title": "", "text": "&gt; And to save ~800,000 good jobs in the Midwest   Those jobs would have just moved to stronger competitors like Toyota and Honda, both of which do plenty of manufacturing in the U.S. Not to mention Ford didn't need a bailout, so loss of our industry was just politicians fear mongering. Even if GM and Ford went out of business, there are still plenty of smaller manufacturers that would love to pick up the market share. People don't stop buying cars just because GM goes out of business."}
{"_id": "17386", "title": "", "text": "While there probably is something around dropping out of college and starting your own business, there are a lot of things that you don't see. For example we don't know their family situation and what sort of fall back plan they had. A guy like this I see everywhere telling people this kind of stuff is Gary Vaynerchuck often times what's left out of his story is the fact that he got his start working for his dad's 4 mill a year wine business. That's a hell of a platform to have to build your own skills and convince other people to purchase your services. Now this isn't taking away from his accomplishments or even saying that his advice is bad but it's important at looking at the totality of someone elses circumstance before trying to emulate them.  I will say the number of billionaires that dropped out of college is strangely high but this seems like a case of survivorship bias."}
{"_id": "17401", "title": "", "text": "Consider this, when we talk stimulus we usually talk in trillions.   Two trillion in the US could be used to create a guaranteed income for all citizens at around US$8000 per year. There would be zero overhead because there would be zero needs testing. Everyone with a social security number would get a plastic card with the money on it.   The large majority of that money could then be recovered by reducing the difference from Social Security payments, welfare payments, tax returns and other means tested forms of government payments.   The remaining monies would largely be spent, thus stimulating the economy immediately and benefiting those at the top most of all.  Win-win.   Compare that to QE1 and QE2."}
{"_id": "17412", "title": "", "text": "Banks make far more money on bad ~~creditors~~ debtors.  The interest rates and penalties for getting behind on payments are pretty absurd.  There was a law passed in 2005 that made it extremely difficult for people to continue to file for personal bankruptcy, so the banks thought they were safe.  This could've been extremely lucrative for them had there not been an snowball effect of the rates doubling thus forcing many to search for last resorts plus the fact that so many houses were now underwater due to dropping housing prices at the same time.  If they default then the bank just keeps the house... win for the bank unless the housing market sucks so they can't unload it and they have to take a huge lose even if they could."}
{"_id": "17421", "title": "", "text": "A couple of points to note  Illinois has not stopped collecting taxes and has survived with only emergency stop gap measures for the past 3 years.  According to the Zero Hedge article cited in the video, Illinois has a backlog of $3 Billion in bills yet the GDP of Illinois in 2015 was $772 billion which was 5^th in the nation."}
{"_id": "17426", "title": "", "text": "\"If the owner of the stock wants it back, they \"\"call\"\" it back. There are no guarantees of how long you can keep it for your short, or the cost involved to hold it.  Usually, everyone knows about a particular set-up (e.g. a warrant or convertible bond mispricing) that is attractive for arbitrage. This causes the associated stock to be in high demand thus expensive to borrow for shorting, or impossible to find for any price at all.\""}
{"_id": "17428", "title": "", "text": "\"MY recommendation is simple.  RENT The fact that you have to ask the question is a clear sign that you have no business buying a home. That's not to say that it's a bad question to ask though. Far more important then rather it's finically wise for you to buy a home, is the more important question of \"\"are you emotionally ready for the responsibility and permanence\"\" of a home.  At best, you are tying your self to the same number of rooms, same location, and same set of circumstances for the next 5-7 years. In that time it will be very unlikely that you will be able to sell the house for a profit, get your minor equity back, or even get a second loan for any reason.  You mentioned getting married soon, that means the possibility of more children, divorce, and who knows what else.  You are in an emotionally and financially turblunt time in your life. Now is not the right time to buy anything large. Instead rent, and focus on improving your credit rating. In 5 years time you will have a much better credit rating, get much better rates and fees, and have a much better handle on where you want to be with your home/family situation.  Buying a house is not something you do on a weekend. For most people it's the culmination of years of work, searching, researching, and preparation.  Often times people that buy before they are ready, will end up in foreclosure, and generally have a crappy next 15 years, as they try to work themselves out of the issue.\""}
{"_id": "17443", "title": "", "text": "\"**Noblesse oblige**  Noblesse oblige is a French phrase literally meaning \"\"nobility obligates\"\". It denotes the concept that nobility extends beyond mere entitlements and requires the person who holds such status to fulfill social responsibilities, particularly in leadership roles.  The Dictionnaire de l'Acad\u00e9mie fran\u00e7aise defines it thus:    Whoever claims to be noble must conduct himself nobly.  (Figuratively) One must act in a fashion that conforms to one's position and with the reputation that one has earned.  ***  **Morning in America**  \"\"Prouder, Stronger, Better\"\", commonly referred to by the name \"\"Morning in America\"\", is a 1984 political campaign television commercial, known for its opening line, \"\"It's morning again in America.\"\" The ad was part of the U.S. presidential campaign of Republican Party candidate Ronald Reagan. It featured a montage of images of Americans going to work, and a calm, optimistic narration that suggested that the improvements to the U.S. economy since the 1980 election were due to Reagan's policies. It asked voters why they would want to return to the pre-Reagan policies of Democrats like his opponent Walter Mondale, who had served as the Vice President under Reagan's immediate predecessor Jimmy Carter.  The phrase \"\"It's morning again in America\"\" is used both as a literal statement (people are shown going to work as they would in the morning), and as a metaphor for renewal.  ***  **French Revolution**  The French Revolution (French: R\u00e9volution fran\u00e7aise [\u0281ev\u0254lysj\u0254\u0303 f\u0281\u0251\u0303s\u025b\u02d0z]) was a period of far-reaching social and political upheaval in France that lasted from 1789 until 1799, and was partially carried forward by Napoleon during the later expansion of the French Empire. The Revolution overthrew the monarchy, established a republic, experienced violent periods of political turmoil, and finally culminated in a dictatorship under Napoleon that rapidly brought many of its principles to Western Europe and beyond. Inspired by liberal and radical ideas, the Revolution profoundly altered the course of modern history, triggering the global decline of absolute monarchies while replacing them with republics and liberal democracies. Through the Revolutionary Wars, it unleashed a wave of global conflicts that extended from the Caribbean to the Middle East.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot/)   ^] ^Downvote ^to ^remove ^| ^v0.22\""}
{"_id": "17448", "title": "", "text": "\"Keep track of everything you buy.  Write it down and be accountable.  Try not to buy anything on credit cards, if the money is not in your account now then you can't afford it.  Ask yourself whether what you're buying is a \"\"need\"\" or a \"\"want\"\". If you find that you are buying things because you are bored and you like shopping then try taking up a (cheap) hobby that fills that void and is something you enjoy doing.\""}
{"_id": "17460", "title": "", "text": "The value of a foreign stock is subject to fluctuations in the foreign currency value; this is not the case for domestic stocks."}
{"_id": "17461", "title": "", "text": "\"As the other commenter pointed out, the language the NRA is using is pretty specific in who they're implying is the \"\"enemy\"\".   Obama was AWESOME for gun companies. The NRA, which is a lobby started by gun companies, would say \"\"Quick! The boogyman is comin' fer yer Guns! Buy as much as you can NOW before it's too late!\"\"   In business this is a scarcity tactic.   It would drum up demand as well the price of current supplies. Ammo \"\"shortages\"\" work in the same way. There'd be a rumor posted somewhere that some demon-crat did something to cause a shortage in ammo. People would rush out and buy whatever they could (even if they didn't have an immediate need) and the price on ammo would go up. All the while these Yahoo's would always say \"\"gosh them Democrats for causing this\"\" even though Democrats have nothing to gain by this.   All in all with Trump and the GOP at the helm, their boogyman has become more scarce and not as readily realized. So they're pushing the narrative that the existential \"\"liberal\"\" is out to get you!   Honestly, we're not. If anything we just want you have free healthcare and a better education without making you go bankrupt.\""}
{"_id": "17463", "title": "", "text": "If you are doing this because you are interested... this is one thing. But a degree in economics is probably not going to help you find a job.   Before going into it, research available opportunities in the field first. Is it worth the cost of the degree to study it? Are you going into it because your employer wants you to have this knowledge?  The answer to the question about Math is yes. There is a lot of math in Economics.  A good idea is to get the course catalog for the degree at the university where you would be going and see which classes are required to get the degree. Wannabe2good is completely correct, Money and Banking (one of the classes required for an Eco degree) is something that helps you know why the president of the US is doing what he is doing, but really does not apply much to you personally, and employers will not care.  I urge you and ANYONE else who plans to go to school, please research if there are JOBS in the field of your study. I have seen so many people study things they were interested in and then later graduate and were not able to find jobs.  Good luck!"}
{"_id": "17467", "title": "", "text": "\"Curtis' monologue fucked me up. I thought I wanted real change but after listening to him I realize I'm one of those with too much to lose even though it's not much at all in the material sense and as he put it, I \"\"just want to tweak it\"\" some. As he says, *real change* could be downright frightening.  I'm 66 and if I didn't have an extended family who still depend on me I might be one that would feel there's not much to lose.    I wouldn't surprise me at all to learn that every three letter agency in the govt had a hand in defusing OWS.   I'm assuming you have, but just checking - have you watched Cutris' [\"\"The Century if the Self\"\"](http://thoughtmaybe.com/the-century-of-the-self/)?\""}
{"_id": "17469", "title": "", "text": "\"I cannot speak for Paypal specifically and I doubt anyone who doesn't actually work on their internal automated payment systems could. However, I can speak from experiencing in working on automated forex transaction systems and tell you what many institutions do and it is often NOT based on live rates. There is no law stating an institution must honor a specific market exchange rate. Institutions can determine their own rates how and when they want to. However, there is some useful information on their website: https://www.paypal.com/an/cgi-bin/webscr?cmd=p/sell/mc/mc_convert-outside \"\"The most readily available information on currency exchange rates is based on interbank exchange rates. Interbank exchange rates are established in the course of currency trading among a global network of over 1,000 banks, and are not available through consumer or retail channels.\"\" This leads me to believe they pull exchange rates from either Oanda or XE periodically and then use these rates throughout the day to conduct business. Paypal does not disclose who they use to determine rates. And it's highly doubtful they do this for every transaction (using live rates). Even if they did, there would be no way for you to check and be certain of a particular exchange rate as paypal states: \"\" Consumers may use these rates as a reference, but should not expect to use interbank rates in transactions that involve currency conversion. To obtain actual retail rates, contact your local financial institution or currency exchange, or check the rate displayed in your PayPal transaction.\"\" This is partly because rates can change by the second just like stock prices or anything else which is susceptible to the open market's variables of supply, demand news events etc. So, even if you check the rates on Oanda (which you can do here: http://www.oanda.com/currency/converter/) you are not going to get a 100% accurate representation of what you would get by doing an exchange immediately afterwards from Paypal or any other financial institution. However, if you want to estimate, using Oanda's currency converter will likely get you close in most scenarios. That is assuming Paypal doesn't charge a premium for the exchange, which they may. That is also assuming they use live rates, it's also possible they only update their rates based on market rates periodically and not for every transaction. You may want to test this by checking the exchange rate on your transaction and comparing that to the Oanda rates at the same time.\""}
{"_id": "17475", "title": "", "text": "\"Ok, let's revisit some of the things you *did* say then.   &gt;[If they weren't losers and were actually responsible, it would be a different situation](https://www.reddit.com/r/business/comments/6pujj4/economy_needs_workers_but_drug_tests_take_a_toll/dksx7c2/)  &gt;[they are weed smoking losers living at home and getting paid minimum wage, that is if they even have a job.](https://www.reddit.com/r/business/comments/6pujj4/economy_needs_workers_but_drug_tests_take_a_toll/dksv33x/)  &gt; [Stop with the smoking at home bullshit. Most [marijuana users] smoke a few times a day. Even before work.](https://www.reddit.com/r/business/comments/6pujj4/economy_needs_workers_but_drug_tests_take_a_toll/dksu660/)  &gt; [More pot smokers smoke several times a day than drinkers who aren't alcoholics](https://www.reddit.com/r/business/comments/6pujj4/economy_needs_workers_but_drug_tests_take_a_toll/dksu9ad/)  &gt; [That's he problem. These weed smokers do it all the time. Not many only do it on their own time](https://www.reddit.com/r/business/comments/6pujj4/economy_needs_workers_but_drug_tests_take_a_toll/dksumrg/)  &gt; **[These people are entitled losers that don't want to be responsible for their actions. They still live at home at 30 and don't have a real job or make minimum wage, but it's not their fault according to them. They blame it on everyone else ](https://www.reddit.com/r/business/comments/6pujj4/economy_needs_workers_but_drug_tests_take_a_toll/dksupyt/)**  *Those* are the statements I was hoping you would have some research to back up. Clearly, you don't.  Finally, your reply to my statement about your generalizations of marijuana consumers being utterly fallacious is a non sequitur. I have expressed no opinion on the topic of the health of \"\"escaping reality by doing drugs all day everyday.\"\" If you're curious, I do **not** think that's good. But it has nothing to do with the fact that your generalizations are just...dumb, for lack of a better word.  I'm going to go ahead and depart this conversation now; arguing with raw ignorance is exhausting. Plus I need get ready for my minimum wage job by smoking some the devil's lettuce in my bedroom, which is obviously in my parent's basement.\""}
{"_id": "17488", "title": "", "text": "Absolutely. The overhead for a product based business like that is particularly high. Service based businesses tend to have much better profit margins. But if she was running a plant nursery she has to pay huge heating costs, renting the area she operates in, not to mention inventory and employees. That $300k vanishes pretty fast. This article talking about disappearing middle class is a bad argument. This sounds much more about how the recession hurts a small business. Assuming of course it is the recession. I know a coffee shop near me that isn't doing that great and says the economy is hurting them bad. They apparently don't realize that being blatantly rude to their customers drives them away. There are often other sides to the story besides the economy, whether the fault of the business owner or some other factor outside their control that may not be covered in these kinds of posts."}
{"_id": "17501", "title": "", "text": "In what ways is SOPA seem a fitting retribution to the wrongdoing you're alleging? Also, can you prove harm from these sources hosting the copyrighted material? It seems that to **deserve** something the offense and response should fit one another."}
{"_id": "17522", "title": "", "text": "...  My judgement, based on the direction the research is going and the rest of my knowledge of human biology, is that it's likely. We do know enough to say that; in the future, with further research, we'll have a more precise idea of just how likely. Happy now?"}
{"_id": "17523", "title": "", "text": "&gt; So why doesn't he just short them?  Just because a stock is overvalued doesn't mean the price will go down.  A short position also loses money if the stock just appreciates more slowly than the broader market, which is one way an overvaluation can correct itself."}
{"_id": "17528", "title": "", "text": "It's monopoly money.  Everybody treats it like that.  Of course it doesn't work.    It would be vastly different if you had you budget **plus**    (a) freedom of choice for the supplier, internal or external,    (b) your group could spend any budget surplus on whatever they wanted (well, for the office).    But that will never happen because company policy."}
{"_id": "17531", "title": "", "text": "That is why you would *want* to apply for a patent right away, to protect yourself. Once you are in the system, someone cannot take your idea and patent it themselves.  If you do not think your idea is original or distinct enough to be granted a patent, then why would you even be exploring this avenue? Have you spoken with a patent attorney to determine whether your idea is worth going through the process?"}
{"_id": "17532", "title": "", "text": "Bubble.   User filtering tools outpace ad technology, and adoption is becoming typical. We already had this fight with pop-ups, and advertisers lost to browsers. Shoving spam in people's faces is innately unpleasant and takes one minute to fix forever.  You've already fixed it, haven't you? You block ads. Would you bother blocking scripts that made your outgoing bandwidth match your incoming bandwidth? Would you even notice?"}
{"_id": "17559", "title": "", "text": "\"You may be confused on what \"\"non-profit\"\" actually means. I'd encourage you read up on the difference between the non-profit and for profit.   Since I don't know your business I cannot even begin to recommend what is right for you.    As a side note, the NFL was a non-profit for awhile (not sure if they still are).  With some fancy paperwork you can be too.\""}
{"_id": "17585", "title": "", "text": "\"it doesn't matter who \"\"takes on\"\" Tesla, Tesla will be crushed  the only reason the majors are not getting in there is Tesla is a loser.  no profits, huge losses and a growing reveal that the Musker's [electric cars are not green](https://wattsupwiththat.com/2017/06/20/tesla-car-battery-production-releases-as-much-co2-as-8-years-of-gasoline-driving/)\""}
{"_id": "17604", "title": "", "text": "Forecasting prices to the level of accuracy they purport is a fool's errand. Sell side analysts are there to get you to buy something, not to make you money.  If they truly believed their analysis was significantly better than anyone else's in the market, they would trade on their own analysis.  No one ever got rich by following analyst recommendations.  Don't believe me? Track the buy/sell recommendations in a spreadsheet for 50+ stocks. I would be shocked if you significantly outperformed the market."}
{"_id": "17633", "title": "", "text": "There can be Federal estate tax as well as State estate tax due on an estate, but it is not of direct concern to you. Estate taxes are paid by the estate of the decedent, not by the beneficiaries, and so you do  not owe any estate tax. As a matter of fact, most estates in the US do not pay Federal estate tax at all because only the amount that exceeds the Federal exemption ($5.5M) is taxable, and most estates are smaller. State estate taxes might be a different matter because  while many states exempt exactly what the Federal Government does, others  exempt different (usually smaller) amounts. But in any case, estate taxes are not of concern to you except insofar as what you inherit is reduced because the estate had to pay estate tax before distributing the inheritances. As JoeTaxpayer's answer says more succinctly, what you inherit is net of estate tax, if any. What you receive as an inheritance is not taxable income to you either. If you receive stock shares or other property, your basis is the value of the property when you inherit it. Thus, if you sell at a later time, you will have to pay taxes only on the increase in the value of the property from the time you inherit it. The increase in value from the time the decedent acquired the property till the date of death is not taxable income to you.  Exceptions to all these favorable rules to you is the treatment of Traditional IRAs, 401ks, pension plans etc that you inherit that contain money on which the decedent never paid income tax. Distributions from such inherited accounts are (mostly) taxable income to you; any part of post-tax money such as nondeductible contributions to Traditional IRAs that is included in the distribution is  tax-free. Annuities present another source of complications. For annuities within IRAs, even the IRS throws up its hands at explaining things to mere mortals who are foolhardy enough to delve into Pub 950, saying in effect, talk to your tax advisor. For other annuities, questions arise such as is this a tax-deferred annuity and whether it was purchased with pre-tax money or with post-tax money, etc.  One thing that you should check out is whether it is beneficial to take a lump sum  distribution or just collect the money as it is distributed in monthly, quarterly, semi-annual, or annual payments. Annuities  in particular have heavy surrender charges if they are terminated early and the money taken as a lump sum instead of over time as the insurance  company issuing the annuity had planned on happening.  So, taking a lump sum would mean more income tax immediately due not just on the lump sum but because the increase in AGI might reduce deductions for medical expenses as well as reduce the overall amount of itemized deductions that can be claimed, increase taxability of social security  benefits, etc. You say that you have these angles sussed out, and so I will merely re-iterate Beware the surrender charges."}
{"_id": "17649", "title": "", "text": "Miro Zecevic \u2018s Tax Advisory Team works closely with you to understand your business and its corporate tax issues by Andrea rubio, the opportunities and risks your business faces. Corporate tax can be a complex issue. Enhanced regulatory and other relevant obligations mean you have less time to focus on the areas of your business that are important to you."}
{"_id": "17651", "title": "", "text": "Of course there's nobody selling houses because everybody and their mother is renting them out and using Airbnb to make every room or floor into another source of income. And when large corporations are doing the same, nobody is selling, then who is buying? Well whoever can afford it as prices go up and as urban areas grow. Meanwhile interest rates are high and possibly going higher making it difficult for anybody to get in without large amounts of cash. Who will have this cash? People who make money on their current real estate, who are currently renting them out, and want to buy more to rent out."}
{"_id": "17652", "title": "", "text": "How would gold have protected you during the 2007/8 crisis?  In no way, shape or form. The ways to protect yourself at any time are: Boring, huh?"}
{"_id": "17661", "title": "", "text": "The trader has purchased 1095 options, each of which is a contract which entitles him to sell 100 shares of Cisco stock for $16 a share. He paid $71 for each contract (71 cents a share x 100) which is roughly $78k total. He will get $109,500 for each dollar below $16 Cisco's stock is when he exercises it (he can buy the stock for the going rate and then sell it for $16 immediately), or he can sell the option itself to someone else for a similar gain (usually a little more, especially if the option has a long time until it expires). If the option expires when the stock is over $16/share, he gets nothing; i.e. the original $78k is lost. For reference, Cisco's stock was trading at $17.14/share as of market close on March 18, 2010. The share price had recently been boosted by the recent news that they would be paying a quarterly dividend. It has been heading mostly downward since February 9, after they announced that they're not expecting profits to be as good as the analysts thought they would be: they claim that people aren't buying too much networking equipment just now, and they're also facing mounting competition from the likes of HP and Juniper for switches, and Aruba / HP / Motorola for wireless devices. They may lose market share or need to cut prices, hurting profits. Either way, there's certainly a real possibility of their stock going below $16 in the next few months, so people are willing to pay for those options. (Disclosure: I work for Aruba, who competes with Cisco. I also own shares of Aruba, possess assorted stock options and similar equity grants, and participate in the employee stock purchase program.  I also own shares in Cisco indirectly through various mutual funds and ETFs.)"}
{"_id": "17680", "title": "", "text": "The company struck a truce with Elliott. They elected 3 of Elliott's nominees to the board, agreed to annual board elections, and placed Elliott on the committee for the firm's CEO search (Elliott targeted their previous CEO trying to push change and he had to resign after sending a threatening letter to Elliott)."}
{"_id": "17687", "title": "", "text": "If upper and bollinger bands either converge (both bands are getting more and more close together) or diverge (both bands are getting more and more away from each other), does that mean the market is TRENDING? The answer is no. The divergence or convergence of BB-upper & lower band does not indicate if the market is trending or not. It only indicated if volatility is increasing or decreasing. Or is market trending only in case if both bands, upper and lower, are parallel and at the same time NOT horizontal? The answer is yes. To understand the reason consider that BB is constructed from a central Moving Average along with standard deviation. Upper Band=MA+2*SD, Lower Band=MA-2*SD. A moving average is a trend following indicator and volatility has nothing to do with trend (as SD only measures the price movement around the mean). Which essentially means BB has trend following qualities. The upper and lower bands remain more or less parallel in between band contraction and expansion. Refer below:   You shall see distinctly phases when BB bands are not parallel and are parallel and not horizontal. As mentioned above, when BB bands are expanding or contracting they do not give indication of the trend direction. When they are parallel, close or apart and not horizontal, they provide a good directional bias through the general slope. Though a more effective method to determine trend and its direction is the central MA of BB. Again, refer below:  Here you can see that some portion of the bands are parallel and more or less horizontal. The price action would tell you that the stock is now range-bound as opposed to trending. The primary use of the BB bands are to gauge volatility as @misantroop stated. The primary trend direction is usually derived from the central MA."}
{"_id": "17695", "title": "", "text": "I never said it would be easy, I said it would be a better solution in that it would *actually* solve the problem.  And if TPTB want a collapsing shit-show, they're perfectly welcome to stay with the existing trading desks, and watch it all fall apart due to their own hubris and corruption. I, for one, have no problem watching arrogance morons lose their money."}
{"_id": "17700", "title": "", "text": "\"&gt;Do you work with low-skilled employees? Specifically, do you ever have to manage them? I am going to make the assumption that you do not based on the comments you are making. It is impossible to say ALL of anything is a certain way. I'm not suggesting that at all. I'm going to specifically talk about averages. It seems like you've never been around the average.  Yes, I have worked with low-skilled employees. Not any more but I definitely did at times as I was working in high school and working my way through college. Also, I'm not from the upper middle or upper class. It seems like you are now trying to pigeon hole me into a box in order to justify your responses to me and paint me as some guy that just \"\"doesn't understand how the real world works.\"\" But all of this is irrelevant to the discussion, just ad hominem attacks to tear down my credibility.  &gt;If a person refuses to provide more for society, should society fill the gap?  There it is. Here is how you truly feel. So you do look down on these people, cause \"\"statistics\"\" or whatever you've made up in your head to justify looking down on them (see I can make ad hominem attacks too).  I'll refer to my earlier argument as a response to this. \"\"If you have to assume the worst of people to bolster your argument, then you have a terrible argument.\"\"  &gt;You suggest that people who are poor didn't get there because of their own right. Are people who are self-made millionaires (on average) good with finances? Why would that be? If yes, why do you assume those that are successful are so because of their own merit but cannot be blamed for failure?  Your words not mine. Nice straw man though. Honestly I recognize all of the things that lead people to success and failure: work ethic, background (race, gender, social class, connections, etc.), good/bad decisions, receiving help or not, luck, etc. There are definitely people that are stuck in bad positions because they were born into it or they have fallen on hard times outside of their control. There are definitely \"\"successful\"\" people because they had a lot of help to get there. There are people that deserve being at the bottom because of their lack of work ethic and poor decisions. There are people at the top because they worked their ass off and made the right decisions.  &gt; My exterior painter is doing a job there right now. It's a 3 month job. He is painting 1,000 apartments. He took 7 guys with him that he pays around $1,750 a week plus room and board. He had to take 7 guys with him because he can't find workers up in Washington. Can you imagine that? People in Seattle have not developed the skill of exterior painting. That's the reality of your job market.  I'm not sure what this has to do with anything. Actually, it's more likely because Seattle is growing and building more buildings than anywhere else because of the recent tech boom. It's most likely that all of the painters are booked up and their is a job shortage for painters, like there a shortage for engineers here.  &gt;should society fill the gap?  Lastly, congrats on owning your own company, but it makes me sad how you look down on minimum wage workers just because they are at the bottom, seemingly finding whatever justification you can for this position. Those are jobs that are needed and just because someone works them does not mean they are lesser or undeserving, or incapable of making good money and life decisions.  Check this article out. [https://www.washingtonpost.com/news/wonk/wp/2015/04/14/when-work-isnt-enough-to-keep-you-off-welfare-and-food-stamps/](https://www.washingtonpost.com/news/wonk/wp/2015/04/14/when-work-isnt-enough-to-keep-you-off-welfare-and-food-stamps/)  It discusses how working people at the bottom still have to rely on government assistance to make ends meet. You never answered my minimum wage question, but if you are paying people only minimum wage, I want you to know the tax payers are picking up the rest of the bill that you are unwilling to pay in the form of public assistance programs. Do you think that is fair for the tax payers?\""}
{"_id": "17708", "title": "", "text": "Our Website : http://www.usaccidentlawyer.com/anaheim-auto-injury-attorney/ Competent lawyers analyze the events that lead to accidents and establish the viability of the victim's case. At The Law Offices of Daniel Kim, we offer generous free consultation services to all potential clients to help you learn more about your legal options. They discuss with their client in order to draft correct procedures to handle court proceedings and as well as contact insurance companies to seek compensation that is commensurate with the losses incurred and injuries sustained. In doing so, the lawyers save their clients from the complicated processes of filling forms and other tedious paperwork."}
{"_id": "17729", "title": "", "text": "Well yeah. I agree with that. I just thought the distinction should be made that BK didnt just close and fire a ton of people. They just delegated out who is responsible for them. Sure some people were probably fired, but it wasnt BK that fired them."}
{"_id": "17731", "title": "", "text": "\"I'm not downvoting you because I can relate, in a way, to your post and I think this is a good topic to have on this site.  We had a question a couple weeks ago where someone, like you, took some friend's money to trade with but didn't know how to give the money back or calculate the net-return.  It is not smart to take and invest other people's money when you have zero industry experience and when you do not understand the legal requirements of handling someone else's money. Within the first 12 months of my brokerage account I had returned something like 150%, I doubled my money plus a bit.  The next year was something like -20%; if I remember correctly the next year was worse, then up again for year four.  Year 1 I thought I was a genius and had figured this whole thing out, year 2 put me in my place and year 3 kicked me while I was down. You have 6 months of pretty solid returns, good for you.  I don't think that means it's time to set up shop.  Really, I think you need to sit down and think long and hard about the implications, legal and otherwise, of holding other people's money.  Running a fund is significantly different than trading your own money.   Retail investors don't, typically, have a good memory.  Great, you made me 17% last year, and 25% the year before but right now I'm down 10%, so give me my money back because I would have been better off in an savings account this year.    This is why index funds are in vogue right now.  Lots of people have had money in active funds that have trailed or matched the \"\"safe and passive\"\" index funds, so they're angry.  Retail folks get jittery the instant they lose money, no matter how much.  You need to be ready to contend with \"\"What have you done for me lately?\"\" the instant something turns negative, no matter how positive your returns have been. At your stage in the game you should get a job and continue putting your own money in to your own system and be ready to lose some of it.  I doubt there is anyone outside your immediate family who will hand a random 18 year-old kid any significant amount of money to trade their system based on 6 months of success; certainly not more than you have in there currently.\""}
{"_id": "17732", "title": "", "text": "Right... so the question is why does Chipotle sell you a meal that is clearly too high in calories and then try to put a healthy spin on it?  Because people don't give a shit about healthy food or where it comes from. They want a three meals rolled into one for 6-8 dollars.  Chiptole is just the flavor of the week, once you've had their 5 menu items once you realize the burrito is all that's worth getting and then it's kind of like going to subway but with fewer options and a higher price tag (i dont like subway either)"}
{"_id": "17759", "title": "", "text": "Yes -- you can refund the sales tax and adjust your return. Make sure you have a copy of your customer's reseller permit on file. If the item sold was for their own use (instead of resale), then sales tax is due, so you might want to check with the customer and ask them what they want to do."}
{"_id": "17765", "title": "", "text": "They don't need to accept deposits from normal persons, but that's how they make lots of money.  Banks make money off the fees they charge retailers when those folks swipe their debit cards at the retailer.  It's their bread and butter.  In order to facilitate you accruing swipe fees for them, they need to allow you to make deposits, on which they can charge the retailers swipe fees."}
{"_id": "17766", "title": "", "text": "They want people who continuously pay the minimum monthly payment on time not people who pay late. This is how they make their money, so a good credit score is important."}
{"_id": "17795", "title": "", "text": "You should apply for 83(b) within 30 days. 10 months is too late, sorry."}
{"_id": "17796", "title": "", "text": "Securities or quite a few negotiable instruments can change title of ownership without any issue. Many at times the owner ship in implicit if you are holding a certain instrument. So for example in Stock its a fractional ownership in a company, this ownership transfers to the buyer from the seller without requiring any permission from the company.   In case of say Loans, One cannot transfer the loan to some one else without the Banks permission."}
{"_id": "17798", "title": "", "text": "Oh I wasn't arguing with you, just trying to expound upon what you said because. The title makes it sound like GE would just have $7 billion in cash in a single bank account it could use instantly.  Bro, calm down!  Ya, if you're an accounting major, you probably have more valid input on why taking a $7 billion loan is better than touching it's cash and cash convertibles."}
{"_id": "17801", "title": "", "text": "If you deposit an amount greater than S$50,000, it's only insured up to S$50,000. In the event that the bank fails or is declared insolvent, the SDIC will pay deposit holders their total balance in all accounts with that bank, up to S$50,000 in aggregate per depositor per Scheme member by law. In other words SDIC will only pay S$25000.00 and not S$50000.00, even though your deposit with that bank is insured up to S$50000.00 Please clarify this point as most banks are unaware of this aspect of the payout."}
{"_id": "17823", "title": "", "text": "\"I'd suggest you start by looking at the mutual fund and/or ETF options available via your bank, and see if they have any low-cost funds that invest in high-risk sectors.  You can increase your risk (and potential returns) by allocating your assets to riskier sectors rather than by picking individual stocks, and you'll be less likely to make an avoidable mistake. It is possible to do as you suggest and pick individual stocks, but by doing so you may be taking on more risk than you suspect, even unnecessary risk.  For instance, if you decide to buy stock in Company A, you know you're taking a risk by investing in just one company.  However, without a lot of work and financial expertise, you may not be able to assess how much risk you're taking by investing in Company A specifically, as opposed to Company B.  Even if you know that investing in individual stocks is risky, it can be very hard to know how risky those particular individual stocks are, compared to other alternatives. This is doubly true if the investment involves actions more exotic than simply buying and holding an asset like a stock.  For instance, you could definitely get plenty of risk by investing in commercial real estate development or complicated options contracts; but a certain amount of work and expertise is required to even understand how to do that, and there is a greater likelihood that you will slip up and make a costly mistake that negates any extra gain, even if the investment itself might have been sound for someone with experience in that area.  In other words, you want your risk to really be the risk of the investment, not the \"\"personal\"\" risk that you'll make a mistake in a complicated scheme and lose money because you didn't know what you were doing.  (If you do have some expertise in more exotic investments, then maybe you could go this route, but I think most people -- including me -- don't.) On the other hand, you can find mutual funds or ETFs that invest in large economic sectors that are high-risk, but because the investment is diversified within that sector, you need only compare the risk of the sectors.  For instance, emerging markets are usually considered one of the highest-risk sectors.  But if you restrict your choice to low-cost emerging-market index funds, they are unlikely to differ drastically in risk (at any rate, far less than individual companies).  This eliminates the problem mentioned above: when you choose to invest in Emerging Markets Index Fund A, you don't need to worry as much about whether Emerging Markets Index Fund B might have been less risky; most of the risk is in the choice to invest in the emerging markets sector in the first place, and differences between comparable funds in that sector are small by comparison.  You could do the same with other targeted sectors that can produce high returns; for instance, there are mutual funds and ETFs that invest specifically in technology stocks. So you could begin by exploring the mutual funds and ETFs available via your existing investment bank, or poke around on Morningstar.  Fees will still matter no matter what sector you're in, so pay attention to those.  But you can probably find a way to take an aggressive risk position without getting bogged down in the details of individual companies.  Also, this will be less work than trying something more exotic, so you're less likely to make a costly mistake due to not understanding the complexities of what you're investing in.\""}
{"_id": "17827", "title": "", "text": "\"The general answer to any \"\"is it worth it\"\" insurance question is \"\"no,\"\" because the insurance company is making a profit on the insurance.* To decide if you want the insurance, you need to figure out how much you can afford to pay if something happens, how much they cover, and how badly you want to transfer your risk to them.  If you won't have trouble coming up with the $4000 deductible should you need to, then don't get this extra insurance.  * I did not mean to imply that insurance is always a bad idea or that insurance companies are cheating their customers. Please let me explain further.  When you buy any product from a business, that business is making a profit. And there is nothing wrong with that at all. They are providing a service and should be compensated for their efforts.  Insurance companies also provide a service, but unlike other types of businesses, their product is monetary. You pay them money now, and they might pay you money later. If they pay you more money then you spent, you came out ahead, and if you spend more money then they give you, it was a loss for you.  In order for the insurance company to make a profit, they need to bring in more money than they pay out. In fact, they need to bring in a lot more money then they pay out, because in addition to their profit, they have all the overhead of running a business.  As a result, on average, you will come out behind when you purchase insurance. This means that when you are on the fence about whether or not to purchase any insurance product, the default choice should be \"\"no.\"\"  On average, you are financially better off without insurance.  Now, that doesn't mean you should never buy insurance. As mentioned by commenter @xiaomy, insurance companies spread risk across all of their customers. If I am in a situation where I have a risk of financial ruin in a certain circumstance, I can eliminate that risk by purchasing insurance. For example, I have term life insurance, because if I were to pass away, it would be financially catastrophic for my family. (I'm hoping that the insurance company makes 100% profit on that deal!) I also continue to buy expensive health insurance because an unexpected medical event would be financially devastating. However, I always decline the extended warranty when I buy a $300 appliance, because I don't have any trouble coming up with another $300 in the unlikely event that it breaks, and I would rather keep the money than contribute to the profits of an insurance company unnecessarily.  In my original answer above, I pointed out how you would determine whether or not to purchase this particular insurance product. This product pays out a bunch of relatively small amounts for certain events, up to a limit of $4000. Would this $4000 be hard for you to come up with if you needed to? If so, get the insurance. But if you are like me and have an emergency fund in place to handle things like this, then you are financially better off declining this policy.\""}
{"_id": "17839", "title": "", "text": "Stay in school, learn everything you can, and spend as little money as possible.  And realize that the chances of you dropping out and becoming a millionaire are much lower than the chances of you staying in school and becoming a millionaire.  You're unlikely to be a good investor if you make bets with negative expected payoffs."}
{"_id": "17888", "title": "", "text": "I've done a lot of gov contracting, the IT/software side of most of these gov organizations is very very disappointing.  Then again I'm breaking my own pet peeve about google employees in these news articles here. They're not all engineers."}
{"_id": "17906", "title": "", "text": "\"This is my two cents (pun intended).  It was too long for a comment, so I tried to make it more of an answer.  I am no expert with investments or Islam: Anything on a server exists 'physically'.  It exists on a hard drive, tape drive, and/or a combination thereof.  It is stored as data, which on a hard drive are small particles that are electrically charged, where each bit is represented by that electric charge.  That data exists physically.  It also depends on your definition of physically.  This data is stored on a hard drive, which I deem physical, though is transferred via electric pulses often via fiber cable.  Don't fall for marketing words like cloud.  Data must be stored somewhere, and is often redundant and backed up. To me, money is just paper with an amount attached to it.  It tells me nothing about its value in a market.  A $1 bill was worth a lot more 3 decades ago (you could buy more goods because it had a higher value) than it is today.  Money is simply an indication of the value of a good you traded at the time you traded.  At a simplistic level, you could accomplish the same thing with a friend, saying \"\"If you buy lunch today, I'll buy lunch next time\"\".  There was no exchange in money between me and you, but there was an exchange in the value of the lunch, if that makes sense.  The same thing could have been accomplished by me and you exchanging half the lunch costs in physical money (or credit/debit card or check). Any type of investment can be considered gambling.  Though you do get some sort of proof that the investment exists somewhere  Investments may go up or down in value at any given time.  Perhaps with enough research you can make educated investments, but that just makes it a smaller gamble.  Nothing is guaranteed.  Currency investment is akin to stock market investment, in that it may go up or down in value, in comparison to other currencies; though it doesn't make you an owner of the money's issuer, generally, it's similar.  I find if you keep all your money in U.S. dollars without considering other nations, that's a sort of ignorant way of gambling, you're betting your money will lose value less slowly than if you had it elsewhere or in multiple places. Back on track to your question: [A]m I really buying that currency?  You are trading a currency.  You are giving one currency and exchanging it for another.  I guess you could consider that buying, since you can consider trading currency for a piece of software as buying something. Or is the situation more like playing with the live rates? It depends on your perception of playing with the live rates.  Investments to me are long-term commitments with reputable research attached to it that I intend to keep, through highs and lows, unless something triggers me to change my investment elsewhere.  If by playing you mean risk, as described above, you will have a level of risk.  If by playing you mean not taking it seriously, then do thorough research before investing and don't be trading every few seconds for minor returns, trying to make major returns out of minor returns (my opinion), or doing anything based on a whim. Was that money created out of thin air? I suggest you do more research before starting to trade currency into how markets and trading works.  Simplistically, think of a market as a closed system with other markets, such as UK market, French market, etc.  Each can interact with each other.  The U.S. [or any market] has a set number of dollars in the pool.  $100 for example's sake.  Each $1 has a certain value associated with it.  If for some reason, the country decides to create more paper that is green, says $1, and stamps presidents on them (money), and adds 15 $1 to the pool (making it $115), each one of these dollars' value goes down.  This can also happen with goods.  This, along with the trading of goods between markets, peoples' attachment of value to goods of the market, and peoples' perception of the market, is what fluctates currency trading, in simple terms.  So essentially, no, money is not made out of thin air.  Money is a medium for value  though values are always changing and money is a static amount. You are attempting to trade values and own the medium that has the most value, if that makes sense.  Values of goods are constantly changing. This is a learning process for me as well so I hope this helps answers your questions you seem to have.  As stated above, I'm no expert; I'm actually quite new to this, so I probably missed a few things here and there.\""}
{"_id": "17923", "title": "", "text": "Passive implies following an index. Your question seems to ask about a hypothetical fund that starts, say, as an S&P fund, but as the index is adjusted, the old stocks stay in the fund. Sounds simple enough, but over time, the fund's performance will diverge from the index. The slight potential gain from lack of cap gains will be offset by the fund being unable to market itself.  Keep in mind, the gains distributed each year are almost exclusively long term, taxed at a favorable rate."}
{"_id": "17924", "title": "", "text": "Nah, you're thinking top 0.1% - they are very different than the top 1%.  Top 1% tends to be salaried professionals who work hard every day - doctors, lawyers, accountants, etc.  Top 0.1% makes their $$ off interest, dividends, etc., and these people own more wealth than the bottom 90%.  I'm on vacation, so all you're gonna get is a google link, but here's lots of sources of info on it: https://www.google.com.mx/search?q=top+1%25+vs+top+0.1%25&amp;ie=UTF-8&amp;oe=UTF-8&amp;hl=en-us&amp;client=safari&amp;gfe_rd=cr&amp;ei=daSDWb7dEZL08Aeg55bQDw"}
{"_id": "17943", "title": "", "text": "Thanks for replying. I think we are talking at cross purposes, though. In your original example you were talking terms of a promise to pay at a future time. In that example the asset might be destroyed but the promise to pay would still be binding (under typical laws of obligations) and so a court could enforce the obligaton to pay - unless perhaps the promise was itself nullified eg by being contingent on the asset (the apples) being harvested (ie not being destroyed). So, my question was really whether such a contingent promise really amounts to creating new money (as is suggested by the original example). I don't see a promise of this nature can be akin to creating money - it is a new bargain entered into by two (or more) parties"}
{"_id": "17954", "title": "", "text": "\"What you're looking at is something called \"\"Bridge-Financing\"\".  Essentially, it allows you to borrow your down-payment from the bank, using your old home as collateral.  The interest rate varies, but if you get the bridge from the same institution as your new mortgage, they will often be a bit flexible.   You take possession of the new home, and begin mortgage payments on it normally.  When the old home is sold, the bridge is paid off.   Note that the deposit on signing for the new house will still have to be cash.  All bets are off if you are talking about a NEW new home, as builders usually require advance payments during the build.\""}
{"_id": "17964", "title": "", "text": "Remember that these are accusations coming from a competitor, and Uber has already returned the same accusations but with a bigger number. It's virtually impossible to prove these claims, unless a company is stupid enough to send an official memo or something like that."}
{"_id": "17969", "title": "", "text": "\"I'm not sure these are all good e.g. \"\"Facebook: A Friendster for college students\"\".  What's the point of describing one company with another? Especially one that is smaller? And it used to be just college students, but not any more.\""}
{"_id": "17998", "title": "", "text": "It seems to me that the study fails to adjust for the fact that if the UK became a US state, UK taxes would be removed which would probably result in lower living costs, higher incomes, more investments..and shittier healthcare... etc etc."}
{"_id": "18001", "title": "", "text": "You are wildly over-estimating your taxes.  First, remember that your business expenses reduce your gross income.  Second, remember that taxes are progressive, so your flat 35% only applies if you're already making a high salary that pushed you into the higher brackets of US and CA. I think the deeper problems are: 1) you are expecting a super early start-up (with no finished product) to pay you the same as a steady job, including health insurance, and 2) you are expecting Kickstarter to independently fund the venture. The best source of funding is yourself.  If you believe in this venture and in your game design abilities, then pay for most of the costs out of your own savings.  Cut your expenses to the extent you can. You may want to wander over to startups.SE to get more perspective and ideas on your business plan."}
{"_id": "18003", "title": "", "text": "While some of that money was made overseas, in many cases half or more was made domestically. I'm not pretending that a company should have any obligation to pay taxes to America on money earned abroad, but I am saying they have an obligation to pay taxes to America earned at home.  If an American company cannot discern between domestic and foreign sales, that sounds like a them problem, not a me problem, and we'll assess the full amount. Something tells me they'll be able to report the portion they made domestically."}
{"_id": "18047", "title": "", "text": "His logic was basically that if the banks went bankrupt and didn't get a bailout, all of society would collapse ala Great Depression. So from a risk reward standpoint it was an easy decision. Iirc he made his investment just a couple weeks before TARP, and he himself admitted he didn't think they would be bailed out as quickly as they were."}
{"_id": "18059", "title": "", "text": "The penalty is 10% regardless of the tax. If your marginal rate is so low, I'd consider converting some to Roth each year, and not touching it for tuition."}
{"_id": "18065", "title": "", "text": "\"I looked into the \"\"We buy houses\"\" people when I was trying to sell my house a few years back.  The amount they are normally willing to pay is far below value.  If I was going to take that little, I would just set the price at that amount and sell it to somebody, maybe making a young couple really happy getting into a house they couldn't otherwise afford.\""}
{"_id": "18075", "title": "", "text": "Well the product is the Snoppa M1 gimble which had a successful indiegogo campaign a while back.   www.snoppa.com/mone.html (product page)  I don't want to share to much on the pricing, but I have a lot of room with pricing as I'm friends with the founder here in China. As for customer support and guarantee they cover everything with a 12 month warranty, and will be offering customer service/support directly. So it isn't something I need to be to concerned with."}
{"_id": "18093", "title": "", "text": "\"Once again, this depends entirely on your definition of \"\"rational\"\" as it comes to money. The idea that the \"\"rational\"\" thing to do with more money than you can spend is to maximize the amount of money you make that you still can't spend is arbitrary, and really comes down an expression of personal values rather than any kind of rationality.  It's not at all inconsistent for Mayweather to feel that the value of making good investments is to demonstrate his ability to make good investments. Again, not about some utility function to maximize value, but about power, success, and telling the world to fuck itself.  Look at the top-voted comment in this thread.   &gt; I have a feeling its because he doesn't know what he's supposed to do with checks.  Then look at this one, down in the middle somewhere below yours:  &gt; Like most fighters, before 2006, he fought under a promo company, Top Rank. He would get his guaranteed purse for fights and that was that. Instead of taking an $8M payday, he decided to cut out the middle man (Bob Arum) and bought out his contract for ~$750K and decided to promote the fights himself (Mayweather promotions). Instead of just getting his purse, he now got a cut of every revenue stream involved in a fight (PPV, Tickets, broadcasting rights, etc.).  Mayweather is saying to the world: \"\"You look at me and you see some guy who can't even read a cheque. But the joke's on you. I know what I'm doing so much that I can throw away more money than you'll ever make just by not cashing a cheque, and I don't give a fuck.\"\"  He's also a woman-beating asshole, of course.\""}
{"_id": "18119", "title": "", "text": "\"&gt; Such other departments as were present in Iraq to do whatever they do were there as a means for the military to get out.  No, they were there as a means to (attempt) the implementation of foreign policy objectives.  &gt;I\u2019d limit it to say it\u2019s the military which is mostly wasteful (I\u2019m not among those who don\u2019t believe government can ever do anything right).  I've worked for multiple branches of the government. They are all incredibly wasteful.  &gt;But whether it\u2019s measured in manpower or dollars, the fact remains that security functions are being outsourced.  Right, but \"\"amount of personnel\"\" is not a serious indicator of it's scope.  &gt; Is there any reason to think this will not continue?  It will depend on the type of environment.\""}
{"_id": "18123", "title": "", "text": "I don't need to be a civil engineer to tell you that building high in areas prone to earthquakes are more expensive. While a wooden frame house is cheap and fairly earthquakes resistant.  Most houses in Auckland are detached houses. You can put a lot more townhouses in the same area, and there's no restriction in doing that in Auckland. So clearly something else is going on."}
{"_id": "18131", "title": "", "text": "It will definitely be added to your AGI, but not necessarily bump your ordinary income tax bracket. You will have to use the Capital Gains Computation worksheet (that uses the general Tax Computation Worksheet) to figure out your tax liability. You might also be subject to the AMT. See the instructions to form 1040, line 44 (page 38) and line 45."}
{"_id": "18173", "title": "", "text": "The Evostfitness launch a new Exercise Equipment shoulder press E-1006 works several muscles of the upper body and offers a host of benefits that improve daily functioning. This exercise can be performed with Shoulder Press E-1006 Strength Gym Equipment, resistance bands or a machine.and Intelligent ergonomic design features comfortable, oversized grips with multiple positions, adjustable seat pad for desired start position.An important benefit of the shoulder press exercise, as well as any other strength-training exercise, is increased bone strength. During the lift, the load placed on your bones by the weights stresses them and causes them to adapt, just like your muscles.   For More Information visit on:-www.evostfitness.com For any Queries kindly contact us at:-support@evostfitness.com"}
{"_id": "18181", "title": "", "text": "Yes, the choice of some of the base stats to use is pretty interesting. I'm not an expert in using FRED, but I think there are better numbers for a lot of those. Mostly it's about things like the origin of the graph though - look how many of the graphs on that page start in the mid fifties, not zero, thus magnifying things drastically. Also graphing numbers that aren't calculated the same way on the same graph - FRED does not fix your poor assumptions."}
{"_id": "18194", "title": "", "text": "Get a decent job while at university - it will make all the difference. And calculate your budget and don't spend more than your budget allows Worked for me. That was the time when I had the greatest disposable income - all gone downhill since :-)"}
{"_id": "18200", "title": "", "text": "The best thing is to diversify across multiple currencies. USD and EUR seem reliable. But not 100% reliable to keep all your investments in this types of currencies. Invest part of your savings in USD, part - in EUR, and part in your home country's currency. Apart from investing I recommend you to have certain sum in cash and certain on your bank account."}
{"_id": "18209", "title": "", "text": "Time Tracker I'm a software engineer and have been using this tool. It is free and has a good user interface. I believe it can very well be used by professional of other areas too. It does support the features that you're looking for regarding project and task tracking."}
{"_id": "18224", "title": "", "text": "So what's the point of this update? Only a complete idiot like the people who fell for the Fyre festival can't see it  Also, you wouldn't be calling someone a shill if you helped broker the deal and pocketed a % or got $1000 for posting a one day ad"}
{"_id": "18239", "title": "", "text": "Here's an Irish government publication that should give you some background information to get you started. In a nutshell, you get tax benefits, but cannot withdraw money without penalty until you reach retirement age."}
{"_id": "18242", "title": "", "text": "&gt; creating goods and services people are willing to pay for.  Let's get real here: you are using terms like 'economic rich' and 'political rich' so that you can ascribe to them whatever meaning you like.  They are both perfectly cromulent phrases, but I don't see how 'value investing' == 'creating goods and services people will pay for'.      I think you just like to imagine these big, strong entrepreneurs who make a buck while making the world better, and over *there* are these leeches that suck at the government teat.     Things aren't that simple, and yes, the overlap is significant.  Essentially, the policy-makers in America work for the rich.  All this decrying of regulation? Totally misguided, which lobbyists do you think asked for that, and in some cases actually wrote the legislation for the lawmakers?  It wasn't my lobbyist, and it wasn't yours, it was the lobbyist employed by the economic elites.  Every regulation serves as a barrier to entry for smaller, newer competitors.       For whatever historical reason, that's the case today in the USA. If we want it changed, we gotta strip political power from all economic elites. Build a wall between the two worlds that is so broad, so firm, that nobody tries to breach it."}
{"_id": "18250", "title": "", "text": "\"&gt;Every word is true.  No, really, none of it.  &gt;Taxpayers get tax credits for buying them. If taxpayers didn't get those tax credits then TSLA would have to lower the price of the car and they would be a loss.  In what world is $7,500 26.9% of $100k (their ASP, something close to 100k)?  Please, show me the math on that.  &gt;See above.  See *what* above?  You picked that number out of your ass.  &gt;I said competition is \"\"coming\"\", not that it's here.  Yeah, and name one that's coming.  Go ahead.  Nothing?  Thought so.  Not to mention, of course, that Tesla's company mission statement is to get other cars to compete with it.  That's literally the entire purpose for the company's existence.  And they recently told everyone else they can use their patents if they want to.  &gt;TSLA has worse battery tech than the cutting edge battery companies whose batteries are coming in the new competition  Oh, the competition which is coming, which you seem to know everything about and yet can't name?  Of *course* the current battery technology is worse than the technology of the future, no shit.  That's because battery tech improves at 8-10% per year.  It's been doing this for decades.\""}
{"_id": "18257", "title": "", "text": "Never co-sign a loan for someone, especially family  Taking out a loan for yourself is bad enough, but co-signing a loan is just plain stupid. Think about it, if the bank is asking for a co-signer its because they are not very confident that the applicant is going to be paying back the loan. So why would you then step up and say I'll pay back the loan if they don't, make me a co-signer please. Here is a list of things that people never think about when they cosign a loan for somebody.  Now if you absolutely must co-sign a loan here is how I would do it. I, the co-signer would be the one who makes the payments to ensure that the loan was paid on time and I would be the one collecting the payment from the person who is getting the loan. Its a very simple way of preventing some of the worst situations that can arise and you should be willing to make the payments anyway after all thats what it means to cosign a loan. Your just turning things around and paying the loan upfront instead of paying after the applicant defaults and ruins every ones credit. (Source: user's own blog post Never co-sign a loan for someone, especially family)"}
{"_id": "18266", "title": "", "text": "&gt; We were talking about net taxation, not some ratio of gross income on a per family basis.   I was rebutting your claim that the top 1% pay 50% of all taxes.  &gt; The bottom 40% of American are net beneficiaries of taxes anyway.  I disagree.  Welfare programs in the US total a little over $200B, just above 5% of the federal budget.  Meanwhile military spending is about 25% if you count the VA.  Military spending is much more valuable to the rich since they can earn the contracts and have much more to defend."}
{"_id": "18273", "title": "", "text": "&gt;Restaurants and hotels are posting new job openings faster than they can fill them. This is a promising sign for the economy. Many jobs in the hospitality industry have low pay but don't require specialized skills. So they often serve as a stopgap for people between jobs. In periods when the broader job market is bleak, jobs in this sector tend to get snapped up quickly.  What utter bullshit. We are progressively turning into a low wage country and NPR wants to trump this as good for the economy."}
{"_id": "18275", "title": "", "text": "I use it for work to automatically fill in building features which are spelled differently and are classified differently by architects (for some reason). It's mainly vlookups, I'm not sure if it'll solve your problem but that's how I solved my problem. The only problem this creates is that the master list is pretty long and that you'll need to update your sheets when you open 'em."}
{"_id": "18285", "title": "", "text": "eSalesData allows to reach the right prospects for every B2B campaign that you launch, with extensive apparel executives lists. By targeting the upper echelons of management in various clothing enterprises, you target the real decision makers who sign off on the largest purchases within their respective organizations."}
{"_id": "18296", "title": "", "text": "You are conflating genetic manipulation in a laboratory with something done by hand by a farmer. It is not remotely credible to equate the two processes.  Also, please do not quote some blogger in defense of your argument. This discussion deserves a lot better than that. The guy is using *his own blog posts* for citations. That's bush league."}
{"_id": "18303", "title": "", "text": "Dogma always disappoints.  The notion that an index fund is the end-all, be-all for investing because the expense ratios are low is a flawed one. I don't concern myself with cost as an independent factor -- I look for the best value.  Bogle's dogma lines up with his business, so you need to factor that in as well. Vendors of any product spend alot of time and money convincing you that unique attributes of their product are the most important thing in the world.  Pre-crash, the dogmatics among us were bleating about how Fixed-date Retirement Funds were the new paradigm. Where did they go?"}
{"_id": "18317", "title": "", "text": "Bad bad analogies.  No offense sorry, I make bad analogies too.  Tinkering with income inequality will not get in the way of overall wealth creation.  Go check out the income gap of the US vs any other industrialized nation.  Many have lower debt and lower unemployment than we do now, and have a lower income gap, which is caused by laws set up by society, not by some magical force.  People think it is just natural that some countries have a higher income gap than others.    It actually is NOT fact that increasing everyone's wealth helps society more.  if you look up any study done that measures happiness in a society, it shows many countries have happier people than the US does.  The US has more crime, mental illness, etc. than any other industrialized country.  if wealth creation were the solution to our problems, why isn't the US even keeping up with other countries when it comes to measurements that involve a society's success?    The key is that wealth creation only helps a society to a certain point, beyond that it doesn't make people happier.  When you said 'helps society more', you obviously meant people in it being happy, right?  having iPhones doesn't 'help society more' if everyone is miserable.  Anyway, once you get to where basic needs are met, more wealth doesn't really make people any happier.  But there is a mountain of evidence that a high income gap makes people miserable."}
{"_id": "18335", "title": "", "text": "Two reasons why I think that's irrelevant: First, if it was on 3/31/2012 (two other sources say it was actually 4/3/2012), why the big jump two trading days later? Second, the stock popped up from $3.10 to $4.11, then over the next several trading days fell right back to $3.12. If this were about the intrinsic value of the company, I'd expect the stock to retain some value."}
{"_id": "18346", "title": "", "text": "I disagree. I think the motivation to automate is to run a safer, more consistent operation and provide better (e.g. Faster) service to its customers. I agree, fewer employees will be needed but I could argue that the new jobs being created--likely as equipment operators--is a higher skill job (than sorting shelves) and will likely pay more."}
{"_id": "18349", "title": "", "text": "\"(Note: out of my depth here, but in case this helps...) While not a direct answer to your question, I'll point out that in the inverse situation - a U.S. investor who wants to buy individual stocks of companies headquartered outside US - you would buy ADRs, which are $-denominated \"\"wrapper\"\" stocks.  They can be listed with one or multiple brokerages. One alternative I'd offer the person in my example would be, \"\"Are you really sure you want to directly buy individual stocks?\"\"  One less targeted approach available in the US is to buy ETFs targeted for a given country (or region).   Maybe there's something similar there in Asia that would eliminate the (somewhat) higher fees associated with trading foreign stocks.\""}
{"_id": "18352", "title": "", "text": "True story: Had a fire in our store, extension cord got hot and set carpet on fire. Employee put it out in 30 seconds, no big deal.  Store manager came in, bitched about having to pay to refill the fire extinguisher. That's how executives are, at least where I work. Complains about needing people to do the work, and then demands a huge bonus."}
{"_id": "18355", "title": "", "text": "\"Your questions seek answers to specifics, but I feel that you may need more general help. There are two things, I feel, that you need to learn about in the general category of personal finance.  Your asking questions about investing, but it is not as important, IMHO, as how you manage your day-to-day operations.   For example, you should first learn to budget.  In personal finance often times \"\"living on a budget\"\" equates to poor, or low income.   That is hardly the case.  A budget is a plan on how to spend money.  It should be refreshed each and every month and your income should equal your expenses.  You might have in your budget a $1200 trip into the city to see a concert, hardly what a low income person should have in theirs. Secondly you need to be deliberate about debt management.  For some, they feel that having a car payment and having student loans are a necessary part of life and argue that paying them off is foolish as you can earn more from investments.  Others argue for zero debt.  I fall in the later.  Using and carrying a balance on high interest CCs and having high leases or car payments are just dumb.  They are also easy to wander into unless you are deliberate.   Third you need to prepare for emergencies.  Engineers still get laid off and hurt where they are unable to work.  They get sued.  Having the proper insurance and sufficient reserves in the bank help prevent debt. Now you can start looking into investments.   Start off slow and deliberate with investing.  Put some in your company 401K or open some mutual funds on the side.  You can read about them and talk with advisers, for free, at Fidelity and Vanguard.  Read books from the library. Most of all don't get caught up in too much hype.  Things like Forex, options, life insurance, gold/silver, are not investments.  They are tools for sales people to make fat commissions off the ignorant.      You are fortunate in that Engineers are very likely to retire wealthy.  They are part of the second largest demographic of first generation rich.  The first is small business owners.   To start out I would read Millionaire Next Door and Stop Acting Rich.  For a debt free approach to life, check out Financial Peace University (FPU) by Dave Ramsey (video course).  His lesson on insurance is excellent.   I am an engineer, and my wife a project manager we found FPU life changing and regretted not getting on board sooner.  Along these lines we have had some turmoil, recently, that became little more than an inconvenience because we were prepared.\""}
{"_id": "18362", "title": "", "text": "Im gonna make up some numbers for this teaching moment.  2011: $60,000  2012: $50,000  2013: $100,000  2014: $70,000  2015: $60,000  2016: $75,000  2017: $90,000  2017 is the highest number since 2013. But before we had 2017 data, we only had up to 2016 data. In 2016, 2016 was the highest number since 2013.   We couldn't say the same about 2015 though. In 2015, 2014 was the highest number since 2013.   Such short timetables are kinda ridiculous to even claim. This type of number is only meaningful if its a big number of years like biggest deficit since 1953 (60ish years ago)"}
{"_id": "18366", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.npr.org/2017/05/24/529852301/boom-time-again-for-u-s-oil-industry-thanks-to-opec) reduced by 79%. (I'm a bot) ***** &gt; Oil producers across the country are watching to see what OPEC does at its meeting in Vienna this week, since the cartel of oil-exporting countries has recently played a big role in turning around a two-year U.S. slump.  &gt; There are more than twice as many U.S. rigs drilling for oil as a year ago, a turnaround that&amp;#039;s felt keenly in places like the Bakken oil patch in North Dakota.  &gt; In the dizzying boom-bust cycle of the oil industry, things were crazy busy here a few years back, when a barrel of oil was around $100. But that led to a surge in production that flooded the market, pushing the price of oil down.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejcc3/boom_time_again_for_us_oil_industry_thanks_to_opec/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133536 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Oil**^#1 **Dakota**^#2 **price**^#3 **U.S.**^#4 **Job**^#5\""}
{"_id": "18373", "title": "", "text": "Some (most) credit cards have a way to get a one-time use number. If that is an available option for one of your cards, that is probably the way to do the very risky transaction. These numbers can be good for only one purchase, or for multiple purchases with a single vendor. This will limit your exposure because they won't have access to your entire account. Also review your fraud protections with your credit card. With the single use number, it won't matter if you use the electronic form or the email. Just make sure you keep the confirmation email or a screen capture of the form."}
{"_id": "18388", "title": "", "text": "You should pull your credit report from all the credit reporting agencies annually to make sure only the accounts you know of are being reported."}
{"_id": "18403", "title": "", "text": "CitiBank offers a chip card.  It's not a chip and pin, but a chip and sign, however it worked well for my all transations.  Just call and ask for a 'world credit card' with a chip. https://creditcards.citi.com/credit-cards/citi-thankyou-premier-card/"}
{"_id": "18424", "title": "", "text": "\"This is a funny article.  This kid is riding around talking to people who don't want to sell.  If they wanted to sell, they'd call a realtor.  Sounds like he can't afford what's already on the market. 23-year-olds typically don't own.  This is the flip side of the \"\"wealth effect.\"\"  The middle class housing has appreciated so much, millennials can't afford to buy them.  I think there's quite an overhang, and prices should fall as the boomers need to sell, and millennials have more resources.\""}
{"_id": "18436", "title": "", "text": "Dollar cost averaging is an great way to diversify your investment risk.  There's mainly 2 things you want to achieve when you're saving for retirement: 1) Keep your principal investment; 2) Grow it.  The best methods recommended by most financial institutions are as follows:  1) Diversification;  2) Re-balance. There are a lot of additional recommendations, but these are my main take away.  When you dollar cost average, you're essentially diversifying your exchange risk between the value of the funds you're investing.   Including the ups and downs of the value of the underlying asset, may actually be re-balancing.  Picking your asset portfolio: 1) You generally want to include within your 401k or any other invest, classes of investments that do not always move in total correlation as this allows you to diversify risk; 2) I'm making a lot of assumptions here - since you may have already picked your asset classes.  Consider utilizing the following to tell you when to buy or sell your underlying investment: 1) Google re-balance excel sheet to find several examples of re-balance tools to help you always buy low and sell high;   2) Enter your portfolio investment; 3) Utilize the movement to invest in the underlying assets based on market movement; and 4) Execute in an emotionless way and stick to your plan.  Example -  Facts 1) I have 1 CAD and 1 USD in my 401k.  Plan I will invest 1 dollar in the ratio of 50/50 - forever.   Let's start in 2011 since we were closer to par: 2010 - 1 CAD (value 1 USD) and 1 USD (value 1 USD) = 50/50 ratio 2011 start  - 1 CAD ( value .8 USD) and 1 USD (value 1 USD) = 40/60 ratio 2011 - rebalance - invest 1 USD as follows purchase .75 CAD (.60 USD) and purchase .40 USD = total of 1 USD reinvested 2011 end - 1.75 CAD (value 1.4USD) and 1.4 USD (value 1.4 USD) - 50/50 ratio As long as the fundamentals of your underlying assets (i.e. you're not expecting hyperinflation or your asset to approach 0), this approach will always build value over time since you're always buying low and selling high while dollar averaging.  Keep in mind it does reduce your potential gains - but if you're looking to max gain, it may mean you're also max potential loss - unless you're able to find A symmetrical investments.  I hope this helps."}
{"_id": "18437", "title": "", "text": "Well, to be fair, they weren't really being patent trolls, which I understand to be entities that sit on patents for stuff that was never produced, just waiting for someone to produce it so that they can sue them.  LEGO may have been unjustified in trying to hold onto their designs (I'm guessing through trying to justify it as a trademark thing and not a patent), but they weren't trolling."}
{"_id": "18440", "title": "", "text": "The Coinage Act of 1792 of the Continental Congress established that the lowest money of account for the United States is one-thousandth (1/1000) of a dollar. This sub-unit is the mille (also written mil, mill). Other sub-units  given by the act are the disme for one-tenth (1/10) of a dollar (for which, etymologically, is the origin of the word dime), and the cent for one-hundredth (1/100) of a dollar. The ten-thousandth of the dollar value is taken on account by a few financial organizations, but has no official given term. For the monetary value of USD 27.4955, it may be quoted as twenty-seven dollars, forty-nine cents, and five-and-a-half milles."}
{"_id": "18449", "title": "", "text": "\"It's all about access to capital: You can borrow against 401ks up to an extent. You can borrow against CDs outside of tax sheltered retirement plans. You can't borrow against an IRA, although there is a situation with a very small time frame that would still be state sanctioned with no tax penalties. I wouldn't recommend it. Annuities come with penalties. I've looked at many possibilities of accessing retirement capital without penalty, and 401k's offer that ability, but its also good to just have savings accounts and investments that are not tax-deferred. Borrowing against 401k pros: http://www.ehow.com/how_2075551_borrow-money-from-401k.html  cons: http://www.investopedia.com/articles/retirement/06/eightreasons401k.asp#axzz29TtJPoXO Outside of your general expenses and play money, money you put toward - say... - a house should be non-tax deferred. Because if you like borrowing, you can always borrow against the house, or any property. The root of the problem is liquidity and access to capital, understanding those fundamental concepts will answer most questions. \"\"Am I liquid? Yes/No\"\" \"\"Can I be liquid without losing money? Yes/No\"\" As usual, more is more, adjust your priorities accordingly.\""}
{"_id": "18452", "title": "", "text": "Didn't a recent UW study show exactly the opposite? And another from UC Berkeley found the unemployment rate was lower because of the law?  I mean, the seattle area has a 3.3% unemployment rate and restaurants employment, which was supposed to be hardest hit, is up."}
{"_id": "18468", "title": "", "text": "What value?  It's bits and bytes.  It's a mechanism for exchange, but so were beaver pelts.  There's literally zero value because it's backed by absolutely nothing other than the full faith and credit of... what, the internet?  It's a huge joke.  People are putting their stock in it, but there was a front page story just yesterday about another crypto currency that went from $300 to $0.10 with a single transaction.  Go ahead, put your life savings in it if you love it so much, but it's insignificant, and it's a joke.  Someone's making money off of selling the shit... if that's not you, you're the fool."}
{"_id": "18483", "title": "", "text": "There's an excellent new service called SelfScore that offers US credit cards to international students. They work with students without a credit history and even without an SSN by using other qualifying factors such as major, financial resources in their home country, and employability upon graduation. Worth clarifying: it's neither a secured credit card nor a prepaid card. It's a proper US credit card with no annual fees and a relatively low APR designed to help students build US credit. The spending limit is relatively small but that probably doesn't matter for just building a credit history."}
{"_id": "18485", "title": "", "text": "This creates incentive for the employee to contribute more and increases the funds under management of the 401(k) plan. The size of the plan influences the fees that are charged in each of the funds offered. (The more assets under management, the better for those in the plan.) More importantly, 401(k) plans are not allowed to discriminate in favor of highly compensated employees. That discrimination is determined by calculating the average deferrals by your lower compensated employees and comparing them to the average deferrals of your highly compensated employees. If highly compensated employees are saving too much compared to the rest of the pack, they will have some of their contributions returned the next year (with all the tax implications of that). Forcing everyone to contribute 6% to get the full match helps the plan to not fail the discrimination test and protects the highly compensated employees from losing some of their tax deferrals."}
{"_id": "18490", "title": "", "text": "\"This question was asked over at wilmott.com which is a site for quantitative analysts. Some of the finest minds in the business (I am serious here) pondered the question. the best answer was along the lines of: \"\"A Gambler generally gambles their own money, a derivatives trader gambles using someone else's\"\".  There is an important legal difference is that a gambling dept is normally considered a \"\"debt of honor\"\", that is not enforceable in a court of law whilst a derivatives contract is considered legally binding. This last bit gets a bit interesting under some jurisdictions because only derivatives contracts involving the delivery of something physical are enforceable, whilst contracts involving settlement with financial instruments are not, so a stock index future would not be recognized.\""}
{"_id": "18502", "title": "", "text": "\"How on earth can you possibly know what is going on in individual company X?  The sole exception is if it is your own company. The stock markets of the world are in fact a nest of sharks.  The big sharks essentially make money out of the little sharks.  Some little sharks manage not to be eaten, and grow bigger.  Good luck with that. \"\"Insider trading\"\" is, when found out, a crime these days.  But \"\"insider knowledge\"\", \"\"insider hints\"\", \"\"knowledge of market sentiment\"\" and indeed just rumours about a given company are the kinds of things you won't particularly get to hear of in the fog of disinformation, and don't particularly want to waste your time with for a very uncertain loss or gain at the end of the year. The thing I find annoying about mutual funds is that they can be very stupid, and I speculate that it may be the consequence of the marketing on the one hand, and the commission structure on the other.  I started cashing in my funds in late 2007, following the collapse of Northern Rock here in the UK.  The \"\"2008\"\" crisis was in fact the slowest economic car crash in history. But very very few mutual funds saw, or seemed to see, the way the wind was blowing, and switch massively to cash. If the punters had the courage to hang on, of course, mostly stocks bounced back in 2009 and 2010.  Moral: remember you can cash your stuff in any time you want.\""}
{"_id": "18509", "title": "", "text": "Basically, any time someone claims they put money into your bank account, or send you a check, or something similar, and then asks you to send money to someone else, it is a scam. What you need to do: 1. Under no circumstances whatsoever must you ever send money to anyone. 2. Talk to your bank and ask them for advice.  The money that gets put into your bank account isn't real. It has been paid with a forged check, or a stolen credit card number, or a hacked or faked bank account. Your bank will figure this out eventually, and then they will take that money away. It may take many weeks, but the money will disappear.  Meanwhile, any money that you send to someone is real. It's your money. When you send it, it is gone. Your bank will hold you to that.  So in your case if they say they pay you $6,000 for a job, but put $10,000 into your bank account and ask you to pass $4,000 on to someone, the $4,000 you pay comes out of your bank account, a long time later the $10,000 comes out of your bank account, and you owe the bank $4,000. Plus sometimes the job involves real work that obviously doesn't pay.  An alternative is that this is money laundering, in which case you would become a criminal by being involved."}
{"_id": "18519", "title": "", "text": "It is not the requester's responsibility to guaranty that the bidders make a profit.  Masdar is sovereign wealth money and their interests are not 100% aligned with the profit motive. Winning big projects, keeping the pipeline full and having sufficient market penetration in their backyard is important too."}
{"_id": "18532", "title": "", "text": "Every time you buy or sell a share for some price, somebody must have thought that that was exactly the right moment to sell or buy that share at that price (and to trade with you). Every time a trade is made, both sides think they are doing the smart thing. Most of the time, one will turn out to be wrong, the other right. Nothing in your proposed method of trading explains why you would be the side that was right more often. So they'll probably even out. Or maybe there are people in the market who actually do have a slightly better than average method, and you'll be wrong somewhat more often than right. Each trade has transaction costs. If you simply hang on to your shares, that's more or less the same as evening out good trades and bad trades, but without the transaction costs."}
{"_id": "18539", "title": "", "text": "Here are the general guidelines on what you should report and pay - but the overall rule is that if it's not a business-related cost then you can't claim it. In your example, a client meeting may warrant a claim for 'entertaining clients' which could be claimed as a business cost - but buying yourself a coffee to get out of the house isn't a business cost."}
{"_id": "18545", "title": "", "text": "Because more than a few utility companies have overcharged me in the past, and with online banking they can automatically deduct from my account. With a check I can control how much I pay them. It's much easier to fight a charge when they don't already have your money."}
{"_id": "18551", "title": "", "text": "Subprime Auto Loan Defaults on the Rise  [https://youtu.be/4XrdNmgon2c] Jul 30, 2017  Bill Black the white collar criminologist says It is a very severe problem for consumers who are going to lose not only their cars, but their credit ratings"}
{"_id": "18552", "title": "", "text": "I wasn't going to come out and say that, but you're right. We all know if he does come out with something it will be that we need to make it cheaper to hire people. Now we'll have a bunch of people who have jobs, but are still below the poverty line.  He's replacing one problem (unemployment) with another (even more rampant poverty). Not only that, it's unlikely that it will even have an overreaching impact. The unemployment rate in India is 10% and they have very little rules and regulations regarding workers.  Borrowing at low rates and investing in infrastructure worked out really well in the past. Both Democrats and Republicans have done it, and it always works out well.  I don't know why it's completely off the table right now for them."}
{"_id": "18570", "title": "", "text": "Don't overthink it. As an employee, whether of your own corporation or of someone else, you get a salary and there are deductions taken out. As the owner of a business you get (hopefully) business profits as well. And, in general, you often have other sources of income from investments, etc. Your estimated tax payments are based on the difference between what was withheld from your salary and what you will owe, based on salary, business income, and other sources. So, in essence, you just add up all the income you expect, estimate what the tax bill will be, and subtract what's been withheld. That's your estimated tax payment."}
{"_id": "18598", "title": "", "text": "Trade work has a stigma associated with it. Many millenials believe that a college degree is required to get a decent salaried job in this market.   That mindset is understandable. After all, why would you voluntarily pay tens of thousands in tuition and tens of thousands more in loans if it didn't lead to getting a higher paying job?"}
{"_id": "18631", "title": "", "text": "As much as people on the internet and ZH-like blogs like to harp on auto deliquencies and other narrow metrics as broader statements about how life around us is all a sham, I feel this article does a good job at discussing the mitigants here.  Notably: 1) that the sub-prime auto market is rather small, so while delinquencies may rise it won't represent a catalyst for a broader financial crisis.   2) The securitized products Santander and others are putting together are structured in a way to account for these defaults and loss rates, so while the relative uptick in default rates is interesting to note, it doesn't necessarily spell doom in absolute terms.   3) The fact that many auto dealers don't verify income isn't uncommon and in fact an industry standard practice due to point #2 above. The statement these dealers have been lying about incomes and/or is not verifying incomes certainly pulls at the heart strings of the 2008 Housing Crisis, but when discussed within the context of how the auto lending market works, it isn't nearly as scary as those statements would suggest in isolation."}
{"_id": "18647", "title": "", "text": "One possibility that I use: I set up an LLC and get paid through that entity. Then I set up a payroll service through Bank of America and set up direct deposit so that it is free.  I pay myself at 70% of my hourly rate based on the number of hours I work, and the payroll service does all the calculations for me and sets up the payments to the IRS.  Typically money is left over in my business account. When tax time rolls around, I have a W2 from my LLC and a 1099 from the company I work for. I put the W2 into my personal income, and for the business  I enter the revenue on the 1099 and the payroll expenses from paying myself; the left over in the business account is taxed as ordinary income. Maybe it's overkill, but setting up the LLC makes it possible to (a) set up a solo 401(k) and put up to $51k away tax-free, and (b) I can write off business expenses more easily."}
{"_id": "18663", "title": "", "text": "Custom baby boxes are available in the market because people like to have customizable baby packaging for keeping the various goods. You can have packaging of various sizes, styles and shapes such as polka dot boxes are considered best for this purpose because these provide soothing effects to the eyes and look decent and appealing as well."}
{"_id": "18671", "title": "", "text": "Despite a fair number of views, no one besides @mbhunter answered, so I'll gather the findings of my own research here. Hopefully, this will help others in similar situations. If you spot any errors, please let me know!"}
{"_id": "18673", "title": "", "text": "This thread just depressed the hell out of me.  I'm a junior year finance major in college.  And I was barely able answer half these questions.  Can someone enlighten me to some resources I can study so I don't embarrass myself during my upcoming summer internship interview.  Maybe with a little bit of preference to venture capital?"}
{"_id": "18675", "title": "", "text": "\"It is not clear when you mean \"\"company's directors\"\" are they also majority owners.   There are several reasons for Buy;   Similarly there are enough reasons for sell;   Quite often the exact reasons for Buy or Sell are not known and hence blindly following that strategy is not useful. It can be one of the inputs to make a decision.\""}
{"_id": "18685", "title": "", "text": "\"Let's talk  innovation. You say that 80% of people will provide 100% of societies needs. Perhaps. But what about society's desires? Why, some of the finest minds in business are working and investing right now to exploit the natural resources of outer space. Tourism, mining, transport, why the sky is no longer the limit! See Spacex, Virgin Galactic, etc. You can't tell me you wouldn't go on a space-cation. Well, I'll bet that would be a great source of jobs that NO ONE does right now. Space valet, space bellhop, space waiter, space hotel manager, PLUS we need pilots to get people up and down, engineers to build the hotels, etc. etc. etc.  Edit: As to your point about wealth flowing upwards, that's just a problem with laissez-faire capitalism in general: if left to their own devices, wealthy people tend to hoard wealth imo. I think tax and spending reform would go a long way to allieviating the \"\"upward\"\" flow of capital over the last few years.\""}
{"_id": "18689", "title": "", "text": "Yahoo Finance provides the proper closing price.  HP's historical data around the split date can be found here. The open, high and low of the day are wrong prior the split, but the closing price is right and for HP, it was $26.96 USD.  The next day the closing price was $13.83 USD."}
{"_id": "18696", "title": "", "text": "\"I've only really seen the social network so i'm no expert.  Didn't he only get noticed because he made the other website, so in a roundabout way he only get \"\"lucky\"\" because he did something out of the normal.  If he didn't do that other website he'd never have been noticed, so i guess we need to ask is it luck that he made that website, luck that he was noticed or was there an element to skill.  If you want to call it luck then almost everything ever done comes down to luck, lucky my teacher had a good day when they mark exams, luck that i got a question i knew the answer to.  What is luck in this sense?\""}
{"_id": "18702", "title": "", "text": "In the UK we've been able to order groceries online for years. Its always surprising when otherwise forward countries can't.   We have two systems, straight to our door; or, click and collect where you choose a pick up time and go to the store where they hand you your shopping. The second one is useful for me so I can grab anything else I've forgotten"}
{"_id": "18703", "title": "", "text": "The Dems use to use fiscal years (October 2008 through september 2009) to put all the big first year Obama expenses under bush (tarp but not the tarp repayment, the bailouts, and stimulus).  Now that they want to show decline, they must be including the bailouts and stimulus under Obama."}
{"_id": "18706", "title": "", "text": "\"One problem is the \"\"apple\"\" or \"\"PC\"\" solutions that exist now... you must be on the net to use system A or B or it stops working  You have to subscribe to get system A or continuously use lube A+(ala printer fluid) for your cyberlimbs...  You can only use amazoon net to read your daily new/upgrades/required.  You are connected to a permanent \"\"plan\"\" with minimum lien on your internal organs if you dont keep up payments  There would be other major problems like rejection or die off, then you are left with a septic mess and less quality of life or you become a permanent junky of anti rejection drugs.  Massive opportunities, we are in the business reddit after all, for the near future.   The question then starts to be does enhancement become a necessary  evil, when does it stop being a tool and become a part of you.  Some scientists already consider owning an Iphone as being enhanced cyber beings, when is the last time you remembered a phone number for instance.  Remembered someone's birthday lately or did FB or your calendar on your pc remind you, this means you are already enhanced!  Messing with the meat is a barrier but we already sculpt and \"\"enhance\"\" with surgery, use antibiotics and artificial insemination.  This is another step and each one will seem more momentous as we go to the old people but future generations will not even care we were worried.\""}
{"_id": "18724", "title": "", "text": "I am assuming you are an NRI from tax perspective. Any income NRI earns is non-taxable in India. It is irrelevant whether the funds were transferred to India or not and whether they were transferred to NRO or NRE account is not relevant."}
{"_id": "18726", "title": "", "text": "Really?  Care to back up your claim there?  Most employers are looking for MBAs.  Please explain why - although the competition is doing EXACTLY THAT! you wouldn't want to be on the same level.  I got it dude, you may have graduated a few years back (like me) when things were different and they wanted experience first, but that's not the case today.  Things have changed, and every Tom, Dick, and Harry has an MBA, so if you don't have one, it's kind of like not having any education.  Remember how it used to work if you didn't have a Bachelor's?  Same for an MBA these days."}
{"_id": "18727", "title": "", "text": "Will 2 millions dollars check to be cash? Will a bank convert a check to cash?  In my experience, no.  Even for small checks.   Unless you happen to have a VERY good relationship with your banker (read as: have an existing large bank balance.)   The exception is if you go to the bank the check is drawn on.   But even then, I doubt they'll cash a $2M dollar check. Can you deposit a $2M dollar check?  Most definitely. How long will 2 millions dollars check to be cash? Depends on your bank's policies, relationship with you, and the origination of the check.  You'll need to talk to the exact bank in question to find out.  Some guidelines from my own experiences: Out of country checks will take quite awhile, say 4 weeks, even for trivial amounts.  I'm not sure what a $2M size would do.   Beyond that situation, it will likely depend on whether you have more money than the check's worth in your bank accounts.  If so, they may be willing to give you cash in a few days.  Or if you only want some of the money as cash in a few days, that might be possible. If the bank couldn't cash for him, will the bank give him some of cash   for example, $500,000 for now, and the rest wait to be cash at later   time like 24 hours or 1 week? Unless you already have a lot of money in your relationship with the bank, I think it is HIGHLY UNLIKELY they will let you have ANY of the money in 24 hours.  You MIGHT get some of it in a week.   The issue will be that such a large check will be viewed as having a high chance of being fraudulent, so they will want to be exceptionally conservative."}
{"_id": "18733", "title": "", "text": "I sell electricity. When I send you a bill, my actual profit makes up a tiny portion of the bill - but I've already paid the four other groups (G, T, D, Gov) and my other costs are what they are. If I don't get paid, that's my problem - the generator got paid, the transmission and distribution companies get paid, and the government sure as hell gets paid. So I'm easily out $99 on a $100 bill."}
{"_id": "18738", "title": "", "text": "Perhaps your view of the world should be *more* calloused? It seems like you think the world owes you something...it doesn't owe you shit.  You could die in a ditch and the world wouldn't give 2 shits.  Maybe the world IS calloused; has that crossed your mind?  Have you traveled outside of the college campuses in Northeast US?  Shit can get pretty crazy out there in the real world.    And you still haven't even put forth an argument, or idea, or verbalized what you are pissed about.  Are you just mad at the world?  Think the system is unfair?  Just want other people's stuff?  What change would you make in the world?  . .    &gt;I hope that you never have to face adversity in your life.  I did.  &gt;I hope they tell you to just simply get a better job, I hope they tell you to take responsibility for your own life  They did."}
{"_id": "18741", "title": "", "text": "Everyone likes to hate on AT&amp;T, but really, all the major four brands are the same. I get the same amount of dropped calls on both Verizion and AT&amp;T to be honest.  I feel like Sprint charges a bit more, but they don't have a cap on their data plans, so if you do multiple GB per month they are the best choice.  Otherwise, just go with whichever carrier is the best in your area. It varries from state to state, but generally AT&amp;T is great is most mid-sized cities, and Verizon is great in the suburbs or country.   I can't speak about T-mobile since I don't know anyone with it"}
{"_id": "18749", "title": "", "text": "I'd add that bigger banks tend to have experience doing more complicated things. As an example, my local credit union (~12 offices), simply didn't have the software to wire money to a Canadian bank, as where Chase did.  The Canadian routing number wasn't in the format of a US institution, and their software user interface just didn't allow for that number to be entered.  Also, most smaller banks don't have international toll free (in-country) numbers for foreign access. Smaller banks also tend to have less sophisticated business banking tools and experience. If you take a Treasury bond approval to a small bank, they'll generally look at you like you have three heads. So the international side of things is definitely in the favor of big banks; they have a lot more money to dump on services."}
{"_id": "18750", "title": "", "text": "I don't think you can always assume a 12-month time horizon.  Sometimes, the analyst's comments might provide some color on what kind of a time horizon they're thinking of, but it might be quite vague."}
{"_id": "18772", "title": "", "text": "The fifth in our series of blogs on what keeps retail CIOs awake at night focuses on the big question of \u2019out of the box\u2019 or customisation.  The classic question for an Retail IT Director a generation ago was whether to buy or build a retail software solutions. Traditional IT departments were structured typically with large development teams who were quite capable of developing large scale applications as well as modifications to existing systems.  The classic question for an Retail IT Director a generation ago was whether to buy or build a retail software solutions. Traditional IT departments were structured typically with large development teams who were quite capable of developing large scale applications as well as modifications to existing systems.  Moving forward to the present and the recent history of apps, out-sourcing, agile methodology, off-shoring and near-shoring and the question has changed more into whether it is better to deploy a ready built solution in \u2018vanilla\u2019 flavor, i.e. as it comes out of the box. Or whether it is preferable to take the application in standard form and customise it to meet the particular needs of our business."}
{"_id": "18790", "title": "", "text": "One of the main tax loopholes more readily available to the wealthy in the U.S. is the fact that long-term capital gains are taxed at a much lower rate. Certainly, people making less than $250,000/year can take advantage of this as well, but the fact is that people making, say, $60,000/year likely have a much smaller proportion of their income available to invest in, say, indexed mutual funds or ETFs. You may wish to read Wikipedia's article on capital gains tax in the United States. You can certainly make the argument that the preferential tax rate on capital gains is appropriate, and the Wikipedia article points out a number of these. Nevertheless, this is one of the main mechanisms whereby people with higher wealth in the U.S. typically leverage the tax code to their advantage."}
{"_id": "18792", "title": "", "text": "\"You are confining the way you and the other co-founders are paid for guaranteeing the loan to capital shares. Trying to determine payments by equity distribution is hard. It is a practice that many small companies particularly the ones in their initial stage fall into. I always advise against trying to make payments with equity, weather it is for unpaid salary or for guaranteeing a loan such as your case. Instead of thinking about a super sophisticated algorithm to distribute the new shares between the cofounders and the new investors, given a set of constraints, which will most probably fail to make the satisfactory split, you should simply view the co-founders as debt lenders for the company and the shareholders as a capital contributor.  If the co-founders are treated as debt lenders, it will be much easier to determine the risk compensation for guaranteeing the loan because it is now assessed in monetary units and this compensation is equal to the risk premium you see fit \"\"taking into consideration the probability of default \"\". On the other hand, capital contributors will gain capital shares as a percentage of the total value of the company after adding SBA loan.\""}
{"_id": "18805", "title": "", "text": "The CBOE had a great article on this. I will search for it and edit. The normal dividends are not adjusted. Which is why you see early exercise of just out of the money options sometimes. To get that dividend. A special dividend, say a $50 stock with $1/yr dividend but now has a $3 one time dividend would likely result in an option strike adjustment."}
{"_id": "18819", "title": "", "text": "Company culture is about the employees, not objects or events. If you look for good, friendly co-workers who can communicate, you'll have less problems with mean people who make work suck. If work doesn't suck and you enjoy being there, then it'll seem like less of a chore and you'll want to spend time there and be creative."}
{"_id": "18832", "title": "", "text": "\"Just to add about using debit card as \"\"credit\"\" vs \"\"debit\"\" way: In addition to the difference of having to enter the PIN when using \"\"debit\"\" mode (vs having to sign in \"\"credit\"\" mode), for stores that offer cash back (i.e. get cash out of your account at the same time as paying), you can only get cash back when using \"\"debit\"\" mode.\""}
{"_id": "18844", "title": "", "text": "This is either laundering money or laundering non-money.  All the other answers point out how a cheque or bank transfer will take days to actually clear.  That is a red herring! There are lots of ways to illegally transfer real money out of existing accounts.  Stolen cheque books, stolen banking details (partly in connection with stolen smartphones and credit cards) and cards, money transfers from other people duped in a similar manner as you are: it is much easier to steal money than invent it, and it takes quite longer until stolen rather than invented money will blow up at the banks. All of those payments will likely properly clear but not leave you in actual legal possession of money.  People will notice the missing money and notify police and banks and you will be on the hook for paying back all of it. Cheques and transfers from non-existing accounts, in contrast, tend to blow up very fast and thus are less viable for this kind of scam as the time window for operating the scam is rather small. Whether or not the cheque actually clears is about as relevant of whether or not the Rolls Royce you are buying for $500 because the owner has an ingrown toe nail and cannot press down the accelerator any more has four wheels. Better hope for the Rolls to be imaginary because then you'll only be out of $500 and that's the end of it.  If it is real, your trouble is only starting."}
{"_id": "18850", "title": "", "text": "The IRS Guidance pertaining to the subject.  In general the best I can say is your business expense may be deductible.  But it depends on the circumstances and what it is you want to deduct. Travel Taxpayers who travel away from home on business may deduct related   expenses, including the cost of reaching their destination, the cost   of lodging and meals and other ordinary and necessary expenses.   Taxpayers are considered \u201ctraveling away from home\u201d if their duties   require them to be away from home substantially longer than an   ordinary day\u2019s work and they need to sleep or rest to meet the demands   of their work. The actual cost of meals and incidental expenses may be   deducted or the taxpayer may use a standard meal allowance and reduced   record keeping requirements. Regardless of the method used, meal   deductions are generally limited to 50 percent as stated earlier.    Only actual costs for lodging may be claimed as an expense and   receipts must be kept for documentation. Expenses must be reasonable   and appropriate; deductions for extravagant expenses are not   allowable. More information is available in Publication 463, Travel,   Entertainment, Gift, and Car Expenses. Entertainment Expenses for entertaining clients, customers or employees may be   deducted if they are both ordinary and necessary and meet one of the   following tests: Directly-related test: The main purpose of the entertainment activity is the conduct of business, business was actually conducted   during the activity and the taxpayer had more than a general   expectation of getting income or some other specific business benefit   at some future time.   Associated test: The entertainment was associated with the active conduct of the taxpayer\u2019s trade or business and occurred directly   before or after a substantial business discussion. Publication 463 provides more extensive explanation of these tests as   well as other limitations and requirements for deducting entertainment   expenses. Gifts Taxpayers may deduct some or all of the cost of gifts given in the   course of their trade or business. In general, the deduction is   limited to $25 for gifts given directly or indirectly to any one   person during the tax year. More discussion of the rules and   limitations can be found in Publication 463. If your LLC reimburses you for expenses outside of this guidance it should be treated as Income for tax purposes. Edit for Meal Expenses: Amount of standard meal allowance.   The standard meal allowance is   the federal M&IE rate. For travel in 2010, the rate for most small   localities in the United States is $46 a day. Source IRS P463 Alternately you could reimburse at a per diem rate"}
{"_id": "18855", "title": "", "text": "\"Without knowing what you are trying to achieve - make a bit of pocket money, become financially independent, invest for retirement, learn trading to become a trader - I'll give you a few thoughts ...  The difficulty you will have trading with $400-600 is that brokerage will be a high proportion of your \"\"profits\"\". I'm not sure of the US (assuming US rather than AU, NZ, etc) rates for online brokers, but UK online brokers are the order of \u00a36-10 / trade. Having a quick read suggests that the trading is similar $6-10/trade. With doing day trades you will be killed by the brokerage. I'm not sure what percent of profitable trades you have, but if it is 50% (e.g.), you will need to make twice the brokerage fees value on each profitable trade before you are actually making a profit. There can be an emotional effect that trips you up. You will find that trading with your own real money is very different to trading with fake money. Read up about it, this brief blog shows some personal thoughts from someone I read from time to time. With a $10 brokerage, I would suggest the following Another option, which I wouldn't recommend is to leverage your money, by trading CDFs or other derivatives that allow you to trade on a margin. Further to that, learn about trading/investing Plus other investment types I have written about earlier.\""}
{"_id": "18889", "title": "", "text": "Yes. The S-Corp can deduct up to the amount it actually incurred in expenses. If your actual expenses to build the carport were $1000, then the $1000 would be deductible, and your business should be able to show $1000 in receipts or inventory changes. Note you cannot deduct beyond your actual expenses even if you would normally charge more. For example, suppose you invoiced the non-profit $2000 for the carport, and once the bill was paid you turned around and donated the $2000 back to the non-profit. In that case you would be deducting $1000 for your cost + $2000 donation for a total of $3000. But, you also would have $2000 in income so in the end you would end up with a $1000 loss which is exactly what your expenses were to begin with. It would probably be a good idea to be able to explain why you did this for free. If somehow you personally benefit from it then it could possibly be considered income to you, similar to if you bought a TV for your home with company funds. It would probably be cleaner from an accounting perspective if you followed through as described above- invoice the non-profit and then donate the payment back to them. Though not necessary, it could lesson any doubt about your motives."}
{"_id": "18900", "title": "", "text": "The only consequence I could see is that they have your money until they pay you back. I'd just do what JoeTaxpayer says and get it back."}
{"_id": "18934", "title": "", "text": "\"No matter what you do, the question of \"\"what is income\"\" is *always* going to be an extremely complex question.   To use this particular example, is paying a royalty fee to an external party a legitimate business expense that is part of the cost of doing business and which subtracts from your \"\"income\"\"?\""}
{"_id": "18939", "title": "", "text": "Average rates of return usually assume compounding, so your formula would be for annual compounding ,or for continuous compounding."}
{"_id": "18950", "title": "", "text": "I don't know the term sole trader but usually the trade off is a corporation allows for shield from liability (i.e. creditors) more flexibility with respect to personal tax management, but higher operating costs (incorporation, financial statements, etc).  I always incorporate."}
{"_id": "18962", "title": "", "text": "Sell the truck. I know that's not what he wants to hear. But the money you will save will make your goal possible. And in 5 years when you have your degree, a baby and you are both working steady jobs you will look back and realize it was a good decision. You guys are very young. You don't need a $40,000 vehicle right now."}
{"_id": "18963", "title": "", "text": "Commissioned sales is dead. It might have worked when consumers were beholden to retailers for product knowledge and pricing, but now everyone can pull out their phone and understand the product, its competition, and know the lowest price in minutes."}
{"_id": "18967", "title": "", "text": "\"No one has addressed the fact that your loan interest and property taxes are \"\"deductible\"\" on  your taxes? So, for the first 2/3 years of your loan, you will should be able to deduct each year's mortgage payment off your gross income. This in turn reduces the income bracket for your tax calculation.... I have saved 1000's a year this way, while seeing my home value climb, and have never lost a down payment.  I would consider trying to use 1/2 your savings to buy a property that is desirable to live in and being able to take the yearly deduction off your taxes. As far as home insurance, most people I know have renter's insurance, and homeowner's insurance is not that steep.  Chances are a year from now if you change your mind and wish to sell, unless you're in a severely deflated area, you will reclaim at minimum your down payment.\""}
{"_id": "18984", "title": "", "text": "LOL, yeah, actually maybe china doesn't give a fuck about the waste like they are doing with all their industry? Of course they don't look at emotions or give a shit because they are a fucking communist centrally planned government you retard."}
{"_id": "19027", "title": "", "text": "I wouldn't say fair enough.  Go back and read the article again, right now, to remind yourself how bad it really was.  Passion is okay but that article needs a lot of work to be taken seriously by anyone other than those who already circle jerk to bitcoin.  If all he wants is hits and praise ($) from bitcoin fanatics, and doesn't care about the cause, then more power to him. If he wants to make a difference he needs a better writing style."}
{"_id": "19037", "title": "", "text": "No shit. That's not the point OP was making. He was saying they dont exist, so who would buy an electric car when the necessary infrastructure isn't in place yet? The same situation existed for gas when those cars first hit the road. Guess what? People built gas stations. It goes for any new tech that requires infrastructure. Thry build out together. Its not something thats insurmountable."}
{"_id": "19040", "title": "", "text": "\"The thing about the glide path is that the closer you're to the retirement age, the less risk you should be taking with your investments. All investments carry risk, but if you invest in a volatile stock market at the age of 20 and lose all your retirement money - it will not have the same effect on your retirement as if you'd invest in a volatile stock market at the age of 65 and then lose all your retirement money. Static allocation throughout your life without changing the risk factor, will lead you to a very conservative investment path, which would mean you're not likely to lose your investments, but you're not likely to gain much either. The point of the glide path is to allow you taking more risks early with more chances of higher gains, but to limit your risks down the road, also limiting your potential gains. That is why it is always suggested to start your retirement funds early in your life, to make sure you have enough time to invest in potentially high return stocks (with high risk), but when you get close to your retirement age, it is advised to do exactly the opposite. The date-targeted funds do that for you, but you can do it on your own as well. As to the academic research - you don't need to go that far. Just look at the graphs to see that over long period investments in stocks give much better return than \"\"conservative\"\" bonds and treasuries (especially when averaging the investments, as it usually is with the retirement funds), but over a given short period, investments in stocks are much more likely to significantly lose in value.\""}
{"_id": "19069", "title": "", "text": "Ok, I see your sarcasm, but what specifically did the executives do to cause the scandal? Maybe their head of community banking would be culpable, but do you think that the head of wealth and investment management would have any insight into retail accounts? Do you think the CEO gets that kind of granular information to even make that decision? Do you think the CFO has any insight into it?  I see a lot of people calling for the heads of everyone at WF, but at most, **maybe** one person on the executive board would have any influence in the area where the scandal occured. That area is not where the focus is, apparently."}
{"_id": "19107", "title": "", "text": "\"Envelope budgeting is pretty simple. It's easy enough that you can teach it to children, and flexible enough you can use it as an adult.   The general idea is that you take your cash money (no bank accounts involved in the simple version), and stick it in envelopes marked for what it's supposed to be for. So for example, you get paid, you cash your paycheck and you put $100 in an envelope marked food.  Now when you go out to eat, you go get the money out of your food envelope, and spend it on food.  When your food envelope is empty you go hungry.   In the simple version you have envelopes for things like \"\"food\"\", \"\"candy\"\", \"\"toys\"\", \"\"games\"\". etc. (simple version is usually taught to kids.)  So you want a $60 game, and your game envelope only has $5. Well you can't get the game. You need to add more money to the game envelope. You need to eat so you have to put money there, but maybe you don't need toys. So you can divert some incoming money from toys to games. Sure it's still going to take a while to get to $60, but now with some simple kid friendly math you can see how long, and more importantly, you can make decisions on what is more important. Candy or Toys? In the adult version things are much the same. We just have more envelopes. We have Rent, Car Payment, Gas, Food, Electric. Then we need some envelopes for \"\"savings\"\" and \"\"retirement\"\". etc. Now when you get your Paycheck you prioritize your money and you stuff it in the envelopes. How much you put in each envelope is easy. Enough to pay for that thing. Savings and Retirement meet different goals. You want $6,000 savings. Well just like that game in the kid version, you're not going to get there all at once.  But you can see and make decisions on what is most important. You want $1,000,000 to retire on. Sure, but that envelope is going to take a while to fill up.  At it's core, the important parts are that: Let me explain the rent example, as it's the oddest.  You get $500 a week, and you need $1000 for rent.  This means you're spending from your envelopes. During week 1 and 2 you're spending last months week 3 and 4.  You DO NOT do: This is important because if you lose your paycheck in week 3 or 4 you are homeless.  Finally, in general, you stick stuff in savings envelope. And you want to reach a savings envelope goal of 6 months of your average pay checks. Once you reach this goal, then you're in good shape, and a job loss doesn't mean you're homeless. You can always just pull from savings.  It's important when using these envelopes to understand that you only make the decision of what is more important when you're sticking money in, not when you're taking money out, and that you only work with the money you have right now today (in your hand). Now what you think you're going to get tomorrow.  Money in the bank can be split into virtual envelopes. Money in savings can be in any vehicle, but generally you want a short term emergency envelope (savings account) and a long term envelope (CDs for example). Take a look at YNAB.com they used to provide free lessons in using their software to manage an envelope system.  And the I know it's going to get comments section.  The rent v.s. homeless is a real example. You should not take money from, say, the food envelope, to cover the rent. This may seem silly, but if you're doing that then you made poor decisions when deciding where the money goes. Use the emergency fund envelope to cover the rent, and next time put less money into food. It's this \"\"rule\"\" that makes envelope budgeting work well. You may be homeless, but you can eat, drive to work, put gas in your car, and pay your bills. Taking money from different envelopes usually results in a spiral, where you attempt to do the sensible thing, but in the end, you're worse off.  Migrating to envelope budgeting (in the strict sense) is hard. The best way I have taught people to do it is to only envelope budget an increasing part of their income until their envelopes are full enough for one month. That means that you might only envelope budget 10% of your income at first. But unless your situation is such that you can cover all your bills with one paycheck, it's not going to be possible to transition without breaking the \"\"don't take money from other envelope\"\" rules.\""}
{"_id": "19113", "title": "", "text": "Like almost all investing question: it depends! Boring companies generally appreciate slowly and as you note, pay dividends. More speculative investing can get you some capital gains, but also are more likely to tank and have you lose your original investment. The longer your time horizon, and the more risk you are willing to take, then it is reasonable to tilt towards, but not exclusively invest in, more speculative stocks. A shorter horizon, or if you have trouble sleeping at night if you lose money, or are looking for an income stream, would then tend towards the boring side. Good Luck"}
{"_id": "19140", "title": "", "text": "Get The Best SAP User List database from Technology User Lists to reach highly targeted markets. Our SAP users list can be used for all marketing Campaign like Email Marketing, Direct Mailing and Telemarketing.   you can achive all your business goals with the help of  our SAP users list database."}
{"_id": "19144", "title": "", "text": "The key point is from the penultimate sentence in your second paragraph: for which you have already paid taxes When you receive a dividend or realise a capital gain, you get taxed on that then, and you shouldn't have to pay taxes on it again in future. So the cost basis gets adjusted to reflect that."}
{"_id": "19165", "title": "", "text": "\"1. **[National Suicide Prevention Lifeline, http://www.suicidepreventionlifeline.org](http://www.suicidepreventionlifeline.org \"\"National Suicide Prevention Lifeline, 1-800-273-8255\"\")**      **Call toll-free in the United States: 1-800-273-8255**      **Chat: [http://www.suicidepreventionlifeline.org/GetHelp/LifelineChat.aspx](http://www.suicidepreventionlifeline.org/GetHelp/LifelineChat.aspx)**  2. \"\"[For long-unemployed, hiring bias rears its head](http://www.seattlepi.com/news/article/For-long-unemployed-hiring-bias-rears-its-head-3428844.php)\"\" by Stephen Singer, published on 23 March 2012: http://www.seattlepi.com/news/article/For-long-unemployed-hiring-bias-rears-its-head-3428844.php  3. \"\"[The Anxiety of Unemployment](http://opinionator.blogs.nytimes.com/2012/05/21/control/)\"\" by Dominick Brocato and DW Gibson, published on 21 May 2012: http://opinionator.blogs.nytimes.com/2012/05/21/control/  4. \"\"[Long-term unemployment crisis rolls on](http://money.cnn.com/2012/06/11/news/economy/long-term-unemployment/index.htm)\"\" by Charles Riley, published on 11 June 2012: http://money.cnn.com/2012/06/11/news/economy/long-term-unemployment/index.htm  5. \"\"[Philadelphia Woman, 73, Says Age Has Kept Her Unemployed for Two Years](http://abcnews.go.com/Business/73-year-philadelphia-woman-testifies-age-discrimination-job/story?id=16352837&amp;singlePage=true)\"\" by Susanna Kim, published on 16 May 2012: http://abcnews.go.com/Business/73-year-philadelphia-woman-testifies-age-discrimination-job/story?id=16352837&amp;singlePage=true  6. \"\"[The Human Disaster of Unemployment](http://www.nytimes.com/2012/05/13/opinion/sunday/the-human-disaster-of-unemployment.html?pagewanted=all)\"\" by Dean Baker and Kevin Hassett, published on 12 May 2012: http://www.nytimes.com/2012/05/13/opinion/sunday/the-human-disaster-of-unemployment.html?pagewanted=all\""}
{"_id": "19166", "title": "", "text": "\"A) Yes, it does accomplish the goal of adding more money, but the money is in lieu of any return you can earn while the loan is outstanding. If you somehow knew exactly which periods where going to run negative, and you took a 401k loan during that time, you'd be in pretty good shape, but if you had that information you'd probably be ruling the world in short order and wouldn't care much about a measly 401k. B) It's a nice idea, but unfortunately you are not allowed to set your own interest rate. (If you could your idea would work perfectly.) The interest rate is bank specific, and is typically 1-2 points over prime. But if your plan was to leave your money sitting in cash or low interest bearing accounts anyway, the loan does actually achieve the goal of \"\"getting more money in there\"\". Though it's your money; you aren't \"\"earning\"\" it.\""}
{"_id": "19174", "title": "", "text": "you should put it all down within reason. I don't think most people have any big names on their resumes when they apply, but having substantive experience to talk about is important. Just because its not a multinational company doesn't mean your experience is invalidated or anything. If you feel like any of your experience lines are not particularly important, you can either list then as a line item with no experience description, or you can get rid of them entirely. But you should definitely have your experience from at least the last two years listed, as well as anything relevant to business/finance."}
{"_id": "19179", "title": "", "text": "\"Yeah, I guess the entire report is probably false because of that. What you're saying is applicable to the renewable industry too. There's all kinds of other investments made on behalf of renewables that aren't calculated into dollar amounts. Most obviously is the money that never even hits the books by subsidizing through consumer/corporate tax breaks.  For example: the company you work for more than likely has a recycling program. It doesn't make money because it's not profitable to recycle anything but aluminum, but if they didn't have the program they would get penalized (not directly necessarily but would lose out on \"\"green\"\" initiative funding).   The rest of what you are saying is as intangible as the first thing. If you think solar panels on your roof is going to keep the military out of other countries, you're clinical. And if you can't notice a correlation between the total lack of production coupled with the massive amounts of money being wasted then there's no discussion to be had.   By the by, that article has no citations and the link to any additional sourcing is broken.\""}
{"_id": "19180", "title": "", "text": "nope, wouldn't. it's probably true. it would be a stereotype. like saying black people like chicken. is it racism if 98% of my black employees eat chicken every day or talk about how much they love chicken?   it's like saying Italian employees are lazy, if I hire 1,000 people and 50% are italian and they're generally always slower than the other 50% how is this racism?   if I don't want to hire women between 20-28 because I'd very likely end up having to pay for 12+ month for an employee that isn't at work, is it sexism not to hire?   women tend to gossip, that isn't sexism that is a fact. you know it, I know it, your girlfriend knows it, but because it's a public discussion point it is now sexist.   I can just say out of my experience the probability that a women brings a bad vibe into the office caused by drama or gossip is incredible higher than a man. am I sexist now? I don't think so, I'd still hire women, I just focus more on specific character features than in the past. similar as googles HR would focus on problem solving skills.  I say this out loud because it might be sexist in the public eye but everybody knows it's true in the majority of cases.  I have female employees and I value them as much as my male employees. doesn't mean I can randomly hire people."}
{"_id": "19183", "title": "", "text": "\"If your sole proprietorship losses exceed all other sources of taxable income, then you have what's called a Net Operating Loss (NOL). You will have the option to \"\"carry back\"\" and amend a return you filed in the last 2 years where you owed tax, or you can \"\"carry forward\"\" the losses and decrease your taxes in a future year, up to 20 years in the future. For more information see the IRS links for NOL. Note: it's important to make sure you file the NOL correctly so I'd advise speaking with an accountant. (Especially if the loss is greater than the cost of the accountant...)\""}
{"_id": "19184", "title": "", "text": "I agree with this. I like to buy stocks that are priced low according to value investing principles but set limits to sell if the stock happens to get priced at a point that exceeds X% annualized return, for instance 15% or 30% depending on preference. If the price goes up, I cash out and find the next best value stock and repeat. If the price does not go up, then I hold it which is fine because I only buy what I'm comfortable with holding for the long term. I tend to prefer stocks that have a dividend yield in the 2-6% range so I can keep earning a return.  Also I too like the look of MCD.  GE looks good as well, from this perspective."}
{"_id": "19190", "title": "", "text": "My two-cents, read your plan document or Summary Plan Description. The availability of in-service withdrawals will vary by document. Moreover, many plans, especially those compliant with 404(c) of ERISA will allow for individual brokerage accounts. This is common for smaller plans. If so, you can request to direct your own investments in your own account. You will likely have to pay any associated fees. Resources: work as actuary at a TPA firm"}
{"_id": "19196", "title": "", "text": "The principle of demand-supply law will not work if spoofing (or layering, fake order) is implemented. However, spoofing stocks is an illegal criminal practice  monitored by SEC. In stock market, aggressive buyer are willing to pay for a higher ask price pushing the price higher even if ask size is considerably larger than bid size, especially when high growth potential with time is expected. Larger bids may attract more buyers, further perpetuating a price increase (positive pile-on effect). Aggressive sellers are willing to accept a lower bid price pushing the price lower even if ask size is considerably smaller than bid size, when a negative situation is expected. Larger asks may attract more sellers, further perpetuating a price fall (negative pile-on effect).  Moreover, seller and buyers considers not only price but also size of shares in their decision-making process, along with marker order and/or limit order. Unlike limit order, market order is not recorded in bid/ask size. Market order, but not limit order, immediately affects the price direction. Thus, ask/bid sizes alone do not give enough information on price direction. If stocks are being sold continuously at the bid price, this could be the beginning of a downward trend; if stocks are being sold continuously at the ask price, this could be the beginning of a upward trend.  This is because ask price is always higher than bid price. In all the cases, both buyers and sellers hope to make a profit in a long-term and short-term view"}
{"_id": "19197", "title": "", "text": "I'm not saying that I have a problem with public transportation, I'm saying that it makes sense for the government to be investing in it. I'm saying that they should be putting more money into improving it. My whole point was that when there's a service that isn't necessarily profitable the government should be putting money toward it so that the public good is the focus."}
{"_id": "19201", "title": "", "text": "Cograts on eating better but Don't let that documentary scare you too much. All the studies they have done were prospectice cohort corolation based studies. Meaning they asked someone what that ate that day in a survey then 10 years later they look at their health. If they gained weight or got diabetes they then corolate that outcome with the food they ate 10 years ago. It's a terrible way to conduct experiments. This is why saturated fat was linked to heart disease for the past 30 years but now their realizing it's actually not a main cause at all and it's more due to the surgar and corn syrup in our diets. But sad part it the U.S.D.A makes money selling corn and sugar so they won't admit it even though the new research is clear. I'm an RD and exercise physiologist getting my PHD atm. Eating healthy is simple eat fruits and Vegis with the least amount of chemicals and eat grass fed meat and limit grain intake."}
{"_id": "19216", "title": "", "text": "I predict that WP7 and eventually 8 will fill the hole that RIM is leaving this coming year, largely in part due to Nokia and their ability to deliver really nice handsets and market to Europe.  RIM has nothing to compete with in 2012 until their BB10 phones come out, but I think it will be far too late to stem the decline.  By then we'll have Windows 8 tablets, WP8, a very mature Android market and the iPad 3/iPhone 5."}
{"_id": "19224", "title": "", "text": "I wrote a detailed answer about variable annuities on another question, but I want to include one specific situation where a variable annuity may be the right course of action. (For the sake of simplicity, I'm quoting directly from that answer): Three-quarters of US states protect variable annuity assets from creditors. Regular IRA's don't benefit from protection under the Employee Retirement Income Security Act (ERISA) and may therefore be more vulnerable to creditors. If you're a potential target for lawsuits, e.g. a doctor worried about medical malpractice suits, variable annuities may be an option for you. As always, you should consult a legal/tax professional to see if this might be a good option for you to consider. The SEC also has a fantastic publication on variable annuities that provides a great deal of information. It's not directly related to this question because it doesn't necessarily focus on the circumstances in which they might be a good fit for you, but it's educational nevertheless and should give you more than enough information to properly evaluate any policy you're looking to buy."}
{"_id": "19229", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.nber.org/papers/w18586) reduced by 67%. (I'm a bot) ***** &gt; NBER Working Paper No. 18586Issued in December 2012NBER Program(s): ED LS PE. We show that the vast majority of very high-achieving students who are low-income do not apply to any selective college or university.  &gt; We separate the low-income, high-achieving students into those whose application behavior is similar to that of their high-income counterparts and those whose apply to no selective institutions.  &gt; In contrast to the achievement-typical students, the income-typical students come from districts too small to support selective public high schools, are not in a critical mass of fellow high achievers, and are unlikely to encounter a teacher or schoolmate from an older cohort who attended a selective college.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ocl9d/the_missing_oneoffs_the_hidden_supply_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170965 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **students**^#1 **college**^#2 **selective**^#3 **apply**^#4 **low-income**^#5\""}
{"_id": "19233", "title": "", "text": "The card you have is one where you had to deposit an amount equivelent to your card limit -a secured limit credit card.  Capital One is one if the primary cards of this type. The typical rules of credit card usage and building your credit, do not apply.  So, yes, you want to use the card as much as possible and pay off your balance as often as is necessary to keep your limit freed up. You can actually pay the full balance plus 10%, and gain a little extra limit. Use your card as much as possible and call them and ask for a limit increase every three months.  usually about 4 - 5 months in, they will increase your limit and do so without asking for a corresponding security deposit.  This is really cool, because it means you are becoming credit-worthy. I know so much about this because I applied for this card for my son and am helping him in his attempt to repair his credit.  His score increased by almost 200 points last year."}
{"_id": "19234", "title": "", "text": "The legal services rendered by Sarasota Short Sale Attorney  include helping the client put together the short sale application package, monitoring the progression of the application, negotiating terms, analyzing counter offers or any response from the bank, and the ability to close on the short sale and to be the closing agent."}
{"_id": "19245", "title": "", "text": "You're not subject to the US tax laws, and since the income is not US-sourced, it is not subject to withholding. Your employer doesn't need any form, but if they insist - you can provide them a W8-BEN to certify your non-resident status. Keep in mind that if you do come to the US, the money you earn while in the US is US-sourced and subject to the US taxes and withholding, even if you're non-resident."}
{"_id": "19257", "title": "", "text": "Another thing to keep in mind is the fact that maintence CapEx is viewed as required cash spend in order to *maintain* the business at its current levels, whereas as expansionary CapEx is viewed as voluntary. If I were to value your Company I would want to know how well it cash flows as is given that whatever voluntary growth CapEx investments current management is making may not apply to my plan for the company if I were to purchase it.  Secondly, often times expansionary CapEx is funded through credit facilities, and thus from a credit perspective it is helpful to break out maintenance capex and growth capex when determining certain credit metrics, such as a Fixed Charge Coverage Ratio."}
{"_id": "19258", "title": "", "text": "The best solution I've been able to find for this is MoneyWiz, where both are logged into the same sync account."}
{"_id": "19269", "title": "", "text": "Poke around in r/google and then tell me I'm wrong. ;)  Try to say something negative in even most lighthearted way in that sub, and watch yourself get showered with a brigade of downvotes, faster than you can say 'Eric Schmidit'.  EDIT: Lol, downvoted already. They must have 'heard' me."}
{"_id": "19272", "title": "", "text": "\"Years ago, a coworker bragged to me how his \"\"tax guy\"\" got him a huge refund. I told him my goal was to owe a couple thousand dollars, and that I'm glad I didn't have his guy.  In the end, your return should reflect the truth, and a good tax guy will be little better than good tax software. The bottom line is that a refund is money you lend the government, interest free. If you can owe a bit of money but avoid paying a penalty, you'll have gotten a free loan from Uncle Sam.  Given the fact that most (it seems that way, someone tell me if I'm wrong) families carry some balance on their credit cards, they are paying out 12% or more on their highest interest debt. Lending the government even $1000 for the year comes at a cost, if you file in time to get your refund by the end of March, that's an average 9 months you are out your money. 12%/yr is $90. Scale that up to $3000, the average refund, and the max 24% rate I've seen, $540 lost.  Better to adjust your withholding, and get the extra money each paycheck to pay off other debt.  Obviously, for those with no debt, their cost is minimal, perhaps 1%, but still better in your pocket for the year.  If you pay in this money every paycheck, only to feel good getting it back every March or April, while paying 18% card interest every month, that's your choice. And Stevej will support that decision, or so it seems.  EDIT - The Huffpost article Steve linked titled \"\"Big Tax Refunds Really Are Good\"\" ignores this debt, only focusing on the near zero rate banks offer now. The article listed 8 reasons the author felt this way. By the way, the author is the \"\"Chief Tax Officer, Jackson Hewitt Tax Service Inc\"\" which makes him a bit less than a disinterested third party. And all 8 of his reasons are far from compelling. \"\"In my opinion, getting a $3,000 check is never a bad thing.\"\" This was #1, and by now you know why I disagree. Next, \"\"More than 75 percent of all individual taxpayers get refunds year after year. It has been this way for decades.... It is unlikely that 75 percent of all taxpayers are all making bad financial decisions every year.\"\" That's enough. Rhetorical nonsense. Read the rest for yourself and decide if the next 6 reasons are any more compelling.  Keep in mind, sellers of tax software or services have backed themselves into a corner with the \"\"largest refund\"\" claims. I'm sympathetic to the fact that \"\"we'll shoot for no refund at all, in fact, our goal is for you to owe just $100\"\" will not be their next campaign.   EDIT 2 - I gave this more thought as I started to write a near 1000 word post on this topic. I came to find that 1 in 4 employees did not deposit enough in their 401(k) to capture the full match. This is the highest lost opportunity as the potential return is an instant 100% for matched deposits. Again, it's easy to dismiss the near zero bank rates, but that's not the alternative best use for the money.\""}
{"_id": "19275", "title": "", "text": "\"Do not store credit cards on your servers! You will get into HUGE trouble if they get stolen.  Instead, the whole credit card transaction should be done in a \"\"frame\"\" on a web that is handle by a credit card processor you chose. Once the transaction is finished, you get a code for the credit card number (masked credit card number) that no-one can convert back to a credit card number (except the processor).  When you need to charge more or give refund, you use that code to tell the processor what credit card to make the charges/credits to.\""}
{"_id": "19281", "title": "", "text": "Maybe so, that doesn't mean every new person is like that.   I personally signed up to yelp to write a review.  A national grocery store chain I visited for the first time, and thought it would be a good objective experience to write.  I had a bad experience at the store, and described in detail the things why I felt that way.  I also sent it to the store themselves, but decided to put it on Yelp also.  I went back a few weeks later to see if anyone replied, and I see there is a new review there, saying how great the store was, while my review was gone.  This was months ago, maybe even more than a year.  I just went onto Yelp to see if they approved my review back, nope still hidden.  Ok, found the review in my own profile, I posted it on 6/28/2011.   I've read stories from businesses and consumers alike for years on how they swindle the reviews, and I also experienced it personally.  Why would i want to be a regular user when they behave like shit?  Fuck yelp."}
{"_id": "19291", "title": "", "text": "\"Have you thought about consulting your optometrist about a special pair of glasses for your nipples? I ask because it's pretty obvious you aren't getting a very clear view of things, and I bet custom frames are probably less work than pulling your head out of your ass when it's that far up there.  You may as well substitute \"\"alcohol\"\" for \"\"marijuana\"\" for everything you just said, because it's the somewhat more socially acceptable version of being so incredibly wrong.\""}
{"_id": "19295", "title": "", "text": "Most soccer balls are made of blends of polyurethane, polyvinyl chloride, and common rubber or nylon. We provide the best soccer balls all branded companies in the world. At our website, you can search Best 10 soccer balls. We will provide all balls at an affordable price.The best and most expensive PU balls feel like leather and are very firm, durable and water-resistant. The PVC balls are also very durable but are not as soft and responsive as the PU-blend balls."}
{"_id": "19297", "title": "", "text": "WHAT? That is just no true. I lived in Philadelphia, London and Brussels and I can tell you, the prices were almost double in Philly for groceries store. Even at Wallmart, I wont talk about Trader Joe, Whole Foods, acme..."}
{"_id": "19305", "title": "", "text": "Actually, with at least 95% confidence, they did not overlook any better qualified person for this job.  Because they did not even look for a qualified person.   She got the job because someone knows her or she knows someone.  Worse: any qualified Security person who worked for her would be demoralized by her lack of talent. So my guess is that the whole Security department at Equifax is full of people with little talent. She probably will get rid of anyone in the department who challenged her... like any real boss."}
{"_id": "19306", "title": "", "text": "\"Even if your employer decides not to include the HSA contributions in Box 12, the IRS will still be informed how much went into your HSA when the form 5498-SA gets filed. So you don't need to worry about the IRS; they'll get the information they want.  As for you, if you already know how much the \"\"employer contributions\"\" (both what the employer contributed and what you contributed through payroll deduction) were, and you know how much you contributed directly, then once you get your form 1099-SA you'll have all the information you need to complete your tax return.\""}
{"_id": "19343", "title": "", "text": "I've found Pragmatic Capitalism very helpful."}
{"_id": "19351", "title": "", "text": "As someone who worked for the federal government when they were hacked, and 23 million people had their ssn, private info, background checks, fingerprints and even secrets that someone could try to blackmail you for released. You guys are lucky, I can't make a new fingerprint for both hands and all fingers!  Yeah all of that information is likely in the hands of some hacker group or foreign government. Its shocking at first, but nothing has come of it so far in terms of actually ruining peoples lives (at least released to the public)."}
{"_id": "19354", "title": "", "text": "You need to look at the financial statements, talking to the executives, and have some sort of discussion about price.  Then you would have to do due-diligence to make sure that they are not hiding stuff.  Bear in mind, the company isn't going to go through all of this unless you can convince them that you have the means to complete the transaction."}
{"_id": "19356", "title": "", "text": "What i saw in the ad is a promise to help people with phone addiction issues. But :   Do enough people want(consciously or subconsciously) help with this problem or they enjoy it? and does the phone really fulfills this promise ?  If the answers are positive , it would  be a good ad."}
{"_id": "19364", "title": "", "text": "\"Loads may be widespread but they are absolutely not an \"\"industry standard\"\".  Almost every major provider of mutual funds has \"\"no load\"\" funds. I'm sure your bank wants you to buy the funds with front loads, but they can't force you to buy those funds (unless you sign such a disclaimer when you open the account). What your bank can do is charge their own transaction fees for \"\"third-party\"\" funds, and those may end up being as much as or more than the funds' own loads. I don't know which bank you have, but many banks have their own mutual funds that have no loads or other transaction fees.  Essentially you can rearrange your portfolio however you want (within reason) at no cost as long as you buy and sell their funds exclusively.  But of course every bank is different, and in many cases those funds will perform poorly compared to investment companies like Vanguard.  Of course every mutual fund must report its performance so you can always check that yourself. If your bank refuses to let you buy any no-load mutual funds (even ones that they run themselves) and/or wants to charge you steep transaction fees in order to discourage buying them, then may I suggest a different bank? FYI, mutual funds generally \"\"make their money\"\" on management fees.  If a fund advertises a load but a particularly low management fee, it may actually be worth buying compared to another fund with no load and a high management fee, if you don't expect to be buying and selling frequently.  On the other hand, if a fund has a high management fee and a high load, it's probably garbage.\""}
{"_id": "19367", "title": "", "text": "With your experience, I think you'd agree that trading over a standardized, regulated exchange is much more practical with the amount of capital you plan to trade with. That said, I'd highly advise you to consider FX futures at CME, cause spot forex at the bucket shops will give you a ton of avoidable operational risks."}
{"_id": "19379", "title": "", "text": "\"Not just executives, there's going to be giant finance, HR, etc functions for these chains. There's also a massive advertisement budget to pay for (remember, every time you see an ad for something, it's priced into that product). Finally, chains are frequently \"\"victims\"\" of leveraged buyouts/takeovers and thus have a metric fuckton of debt to pay off.\""}
{"_id": "19381", "title": "", "text": "\"GSElevator is part fraud, part satirist and has never worked at Goldman. None of the \"\"quotes\"\" used in his article were ever said by anyone. His pieces are sometimes good for a laugh but if you're taking this article as actual advice you clearly do not work in the industry.   I stopped paying attention as soon as he recommended analysts wear $700 shoes ...\""}
{"_id": "19383", "title": "", "text": "\"I have a quick question about statement of cash flows and how Account Receivable (Net) and Prepaids affect it (I've already asked the accounting subreddit but was wondering if anyone who does fundamental analysis etc would have a take on it).   It stems from a homework problem where I have to reconstruct a cash flow statement using two comparative balance sheets (end of period 2013 and end of period 2014) and a change in retained earnings statement.  The following transaction took place in 2014   \"\"The firm wrote off accounts receivable as uncollectible totaling $16,300 in 2013 and $18,500 in 2014. It recognized expired insurance of $4,100 in 2013 and $3,900 in 2014.\"\"  My understanding is that the write offs have already been subtracted in order to yield Account Receivable (Net) and therefore I can just take the change in that account and make the appropriate entry.  For the recognition of expired insurance I can simply take the change in the Prepayment account and record the appropriate cash flow entry.  Am I correct in assuming this? Or did they give me those amounts in order to figure out Accounts Receivable (Gross) and take the change in that?\""}
{"_id": "19402", "title": "", "text": "There are no immediate tax-related benefits to putting money into a Roth IRA. You are investing after-tax money in the hope that the rules won't change and you'll be able to take out the money tax-free when you retire. Under current rules, you can take out your contributions at any time without penalties or taxes. You can't take out earnings without penalties until you retire. You said you don't have any debt (great!). So if you have cash that you don't have other uses for, and you don't mind possibly tying it up for a long time, you can put money into a Roth IRA. I'd argue that if you have, say, $25-50/month to put into long term savings, it's a good habit to start. When you move into a job that gives you more disposable income, you can increase this amount. The earlier you start, the lower the monthly amount you'll need to contribute towards a comfortable retirement. Once you get started putting a little bit away, you'll never miss it."}
{"_id": "19431", "title": "", "text": "&gt; I don't agree we can assume a government will be the solution...  I am totally open to something else but see no other options.  Corporate America has sold the American people on the idea that empowering them is to our benefit so there will be no popular uprising."}
{"_id": "19433", "title": "", "text": "I believe your question is based on a false premise. First, no broker, that I know of, provides an RRSP account that is a margin account. RRSP accounts follow cash settlement rules.  If you don't have the cash available, you can't buy a stock.  You can't borrow money from your broker within your RRSP. If you want to borrow money to invest in your RRSP, you must borrow outside from another source, and make a contribution to your RRSP.  And, if you do this, the loan interest is not considered tax deductible. In order for investment loan interest to be tax deductible, you'd need to invest outside of a registered type of account, e.g. using a regular non-tax-sheltered account. Even then, what you can deduct may be limited. Refer to CRA - Line 221 - Carrying charges and interest expenses: You can claim the following carrying charges and interest [...] [...]   You cannot deduct on line 221 any of the following amounts:"}
{"_id": "19455", "title": "", "text": "GET A LAWYER. Doing business with relatives is business first, and some effort spent in setting things up and nailing down exactly what the financial relationships and obligations are beforehand can save a lot of agony and animosity later. Assuming it's a legal rental, you may be able to deduct business costs spent on maintaining the rental unit, but of course you will have to declare the rent as income. If it's just a bedroom suite, rather than a full legal apartment, I don't think you can claim it as rental. (Note that whether you decide to share cooking and such is a separate question; apartment in most areas requires its own kitchen and bathroom.) As Joe pointed out, the actual purchase also sounds like it's going to involve a large gift, which has its own tax implications. Either that, or they retain ownership of their share and you get to deal with that if you or they decide to sell.  Again: GET A LAWYER. And a tax accountant or tax lawyer to advise you on those implications. This is not someplace where the average wisdom of the Internet should be relied upon except for generalities; local laws and contract details matter."}
{"_id": "19456", "title": "", "text": "From Dimson, Elroy, Paul Marsh, and Mike Staunton. Triumph of the Optimists: 101 Years of Global Investment Returns. Princeton, N.J: Princeton University Press, 2002: Disappointingly, the small firm effect has not proved the road to   great riches since soon after its discovery, the US size premium went   into reverse. This was repeated in the United Kingdom and virtually   all other markets around the world. Despite their disappointing performance in recent years, the very   long-run record of small-caps remains one of outperformance in both   the United States and the United Kingdom. Furthermore, mid- and   small-size companies are still an important asset class. Their   differential performance over long periods of history shows that there   is useful scope for investors to reduce risk by diversifying across   the \u201clarge\u201d and the \u201csmall\u201d capitalization sectors of the market.   Furthermore, given the pervasiveness of the size effect across the   entire size spectrum, it is important to all investors since the   size tilt of any portfolio will strongly influence its short- and   long-run performance. This holds true whether there is a size premium   or a size discount. The size effect has certainly proved persistent   and robust. What is at issue is whether we should continue to expect a   size premium over the longer haul. And accompanying charts:    And one chart from BlackRock:"}
{"_id": "19457", "title": "", "text": "\"&gt;What's the difference between inheritance and being born with money?  Just because someone is born into a rich family, does NOT necessarily mean they will inherit the wealth.  Many things can happen along the way between their birth and potential inheritance, everything from the family elders blowing the money, or making bad investments, to divorces/lawsuits, elders being pissed and just disinheriting their heirs, etc.  And then of course, just because one reached the point of inheritance, does not guarantee that the money will last.  Plenty of \"\"spoiled rich kids\"\" end up being impoverished by the end of their life.\""}
{"_id": "19458", "title": "", "text": "I don't want to argue any, either, I'll just reiterate what I was originally trying to get at:   Your boss/owner/manager is dependant on you creating enough value to pay their paycheck as well.  Managers do not directly create value for the company.  They might bring in deals, they might 'know' someone, etc.  but in the end, workers make the product.  If a worker leaves, they'll just have to get another one, or that value ceases.  Taken to the extreme, they'd be a company of bosses &amp; managers, and no work at all being done.  (but plenty of TPS reports done with the correct cover sheets.)"}
{"_id": "19479", "title": "", "text": "You can take a out loan against your 401k, which means you won't be penalized for the withdrawal. You will have to pay that amount back though, but it can help since the interest will be lower than a lot of credit card rates. You could refinance your home if you can get a reasonable interest rate. You could also get a 0% APR balance transfer credit card and transfer the balance and pay it off that way. There are a lot of options. I would  contact a Credit Counselor and explore further options. The main objective is to get you out of debt, not put you more in debt - whether that is refinancing your mortgage, cashing in an annuity, etc."}
{"_id": "19481", "title": "", "text": "Herd immunity is just another bullshit soundbite from Big Pharma marketing trying to scare you into legislating a massive increase in their market share.  If you are vaccinated, you are immune... unless your vaccines are crap. This is why we sent kids to play with the kids with chickenpox--to acquire immunity. And why kids (and adults) who already had chickenpox don't fear catching it again."}
{"_id": "19501", "title": "", "text": "Do you eat out much or go to coffee shops?  I add portions of my excess spare change to the tips/tip jars.  I make it a bit over the usual percentage to make up for the fact that it's, well, spare change..."}
{"_id": "19502", "title": "", "text": "\"&gt;There was a good quote in the article about how Google, Apple and Amazon combined employ fewer than 1/3 the people that GM did in 1980.  Yeah, that was from [the Economist](http://www.economist.com/blogs/freeexchange/2011/10/death-steve-jobs?page=1)  First, that is only a total of their DIRECT employees (numbers from Wikipedia on each company):  * Amazon = 33,700 * Apple = 60,400 * Facebook = 3,000 * Google = 31,353  So, that is NOT including *indirect* employees, including any and all subcontractors... to wit:  * Amazon -- sells lots of stuff, but lets just think of the BOOKS alone: there are LOTS of authors, publishers, printing industry people, etc -- who are NOT direct employees of Amazon, nor even indirect \"\"contract\"\"  employees; but whom Amazon's business model has doubtless helped to increase TOTAL sales of their products. (And then of course, there are all of the Amazon \"\"affiliates\"\".)  * Apple -- sells stuff, but basically no longer manufactures anything at all (so comparing it to GM would only be valid if one looked ONLY at GM's engineering and sales personnel, and ignored it's manufacturing people, or if GM had likewise \"\"subcontracted\"\" all of its manufacturing to say Toyota); just about everything that Apple sells is made by subcontract overseas manufacturers -- like FoxConn (which employed over 900,000 people in China in 2010); and of course that is NOT including the component manufacturers.  And of course, this is also ignoring the entire software industry that has built up around Apple's products (Mac and iApp developers).  * Facebook &amp; Google -- likewise, there are a lot of \"\"indirect\"\" non-employees who nonetheless are in many senses laboring for these companies AND be compensated by them (whether App developers, affiliates, etc).  **I find it VERY notable that *theEconomist* entirely ignored firms like MicroSoft (92,000+ direct employees) and dozens &amp; even hundreds of others software companies like Adobe Systems (9,000+), etc -- not to mention countless thousands of consulting companies.**  At it's absolute PEAK employment in 1970, GM had a little under 400,000 employees.  If you add in Microsoft, Adobe, and a handful of CAD software companies, then \"\"high tech\"\" employs at least that number. Add in the (domestic) sub-contract employees, the consultants, affiliates, and on... and they employ far MORE people (even domestically) than not only GM, but GM + Ford + Chrysler combined.  Add in the worldwide employment, and there is no comparison at all.\\*  And even then, all of it is beside the point.  Yes, you cannot \"\"eat\"\" software or an iPod... but likewise you cannot \"\"eat\"\" a car.  What is chiefly critical is whether a nation can FEED itself, and the US production of foodstuffs has never been higher, nor -- on a long term comparison basis -- have food or energy costs ever been lower (even with all of the disastrous effects of monetary inflation).  \\*What the US's current problem is, is DOMESTIC employment -- and that is mainly a result of various TRADE, MONETARY and TAXATION policies -- it certainly isn't the direct fault of private industry (and definitely not the fault of \"\"technology\"\").  I mean good god, how many times does the Luddite meme need to be proven false.\""}
{"_id": "19551", "title": "", "text": "Consider the price history to be the sum of short term movements and long term movements. If you hold a stock for a long time you will benefit (or lose) from its long term movement.  If a sufficiently large and very good short term trader existed he would tend to reduce short term volatility, eventually to nearly zero. At that point, the price would rise gently over the course of the day in line with the long term variation in price. Presumably robot traders will increase the time horizon of their trades when they have exhausted the gains they can make from short term trades."}
{"_id": "19556", "title": "", "text": "Disvestment activities tend to be misguided. In doing so, a fund/individual is not really taking money away from the companies in question (assuming they're not doing secondary offerings), and 'disvestment' doesn't imply that you're going to be using their products less (or boycotting them entirely), which would actually impact their financials. And in a convoluted way, disvestment could actually trigger further consolidation among coal companies, since it makes them cheaper and thus easier takeover targets.   Funds that have the ability to do so should make 2nd &amp; 3rd round VC investments in clean energy startups. It's been awfully difficult for clean energy startups to raise money lately, and funding those startups would have a lot more impact."}
{"_id": "19586", "title": "", "text": "As a parent with a 4 yr old, it's not my reason. I want him to build something with his hands. Spend $50 on a Lego kit and what do you get? A tiny set of very specific parts for one build. Or I can spend that money on some other construction toy for half the price (blocks, Lincoln logs, train set) and you have similar enjoyment."}
{"_id": "19591", "title": "", "text": "I recommend an online savings account.   The money is more liquid without early withdrawal fees and frequently you can get a visa/mastercard check card to access the funds. Looking at interest rates, ING is currently paying 1.10% and bankrate reports the best interest rate in the country on a 1 year CD is 1.33%.   The .23% difference is not enough to convince me to invest in CDs at a fixed rate vs. an online savings account at a variable rate when we are at (or near) the bottom of CD/savings interest rates."}
{"_id": "19597", "title": "", "text": "\"First, don't try to understand other people's finances. Family or a trust could provide the minimum down payment, or even large chunk of the price, leaving them with a small/manageable monthly mortgage.  More importantly, HGTV home buying shows are fake. Buyers don't actually buy, other people touring are just locals/ friends, and the entire plot is literally a written script.   Source: My best friend had 3 of his listings on one of the shows as the house options, and our friends were the \"\"other buyers\"\" on the tour.\""}
{"_id": "19606", "title": "", "text": "From an investor's standpoint, if the value of crude oil increases, economies that are oil dependent become more favourable (oil companies will be more profitable).  Therefore, investors will find that country's currency more attractive in the foreign exchange market."}
{"_id": "19613", "title": "", "text": "You should use the Gordon Growth model, but you are using the wrong rate.  required return = rf + market premium x Beta  rm = 0,12, premium = 0,08 --&gt; rf = 0,04 thus rr = 0.04 + 0.08 * 1.5 = 0.16  then you get $15/(0.16-0.05) = $136,36"}
{"_id": "19618", "title": "", "text": "It depends on the currency pair since it is much harder to move a liquid market like Fiber (EURUSD) or Cable (GBPUSD) than it is to move illiquid markets such as USDTRY, however, it will mostly be big banks and big hedge funds adjusting their positions or speculating (not just on the currency or market making but also speculating in foreign instruments). I once was involved in a one-off USD 56 million FX trade without which the hedge fund could not trade as its subscriptions were in a different currency to the fund currency. Although it was big by their standards it was small compared with the volumes we expected from other clients.  Governments and big companies who need to pay costs in a foreign currency or receive income in one will also do this but less frequently and will almost always do this through a nominated bank (in the case of large firms).  Because they need the foreign currency immediately; if you've ever tried to pay a bill in the US denominated in Dollars using Euros you'll know that they aren't widely accepted. So if I need to pay a large bill to a supplier in Dollars and all I have is Euros I may move the market. Similarly if I am trying to buy a large number of shares in a US company and all I have is Euros I'll lose the opportunity."}
{"_id": "19622", "title": "", "text": "Call them back and insist on speaking only with a supervisor and politely ask for their License Number and NAIC Number. When asked why reply that you are going to contact your state's insurance division and find out what recourse, if any, you might have. Merely asking for the numbers will let them know that you intend to escalate this matter; chances are that yet another supervisor will be required to rectify this situation. Companies DO NOT empower the initial representatives to resolve serious issues. It can be a tortuous path to a resolution but you must persevere. It is difficult to remove yourself and be objective but your anger will defeat you. Your agent should be on your side."}
{"_id": "19624", "title": "", "text": "Both Amazon and Ebay do this, raise the bar significantly over time to weed out crap sellers that are all competing on the same products. So instead of 10 sellers on a product, you have 5 with the highest ratings possible."}
{"_id": "19627", "title": "", "text": "im in no position to guess what would happen. rather than sitting in any particular sub,  i just usually keep hitting refresh on /r/all/new and see what catches my eye..   or in this case.. what doesnt.. :)  i cant see it being phased out tomorrow though, or anytime in the near future, as far as economics of it all go, its my guess its all manipulated by the mega wealthy anyway..   we are all stuffed regardless..    i know theres a lot of oil in the ME that the west wants.. thats why we have wars..  https://www.youtube.com/watch?v=5hfEBupAeo4 if there was an alternative to oil, so long as we all had ~~free~~ access to it, id think there would be no need for war, and instead of the global budget spent on militaries,, we could use it to feed the hungry, shelter the homeless.. i think we would all prosper :)"}
{"_id": "19640", "title": "", "text": "Yup. I scrutinize the income statement I receive from my employer every year. What I make vs what the company actually invests in me as an employee is really astounding. Beyond my hourly wage, the company pays for my health insurance premium (all but $10/check), and pays for a medical flex-spending account. On top of this (I know this isn't taxes but it's still an expense and government sanctioned) if I do some dumbass thing to get myself hurt at work, they'd pay all medical bills since it happened on their property.   We recently had a bit of a wake-up call this summer, as the board of directors warned everyone that the current medical plan our company provides to us is not sustainable, and will have to undergo changes (we're going to either start paying for our premiums, decrease our flex accounts, or charge smokers additional fees) beginning Jan 1st. Lots of people are complaining about this. I don't think they're aware of the horde of expenses and fees that the company swallows for them in other ways.  There's property taxes, business income taxes, excise taxes, customs/duty taxes, state taxes... along with meeting the restrictions and standards of certain governmental agencies (like OSHA). I don't know how a small business owner could ever maintain control over all of this financial mess and be able to help their customers or other employees.   There's OSHA, a profit-seeking (through citations) business now, instead of a partner and ally to businesses. A typical 'violation' is $70K, and a 'repeat' violation is $140K. Imagine running a small grocery store, and having to pay this fine because you accidentally had a piece of styrofoam lying on top of a cooler not built to withstand overhead weight. Or because someone wasn't wearing safety shoes in the store. You'd simply go out of business."}
{"_id": "19654", "title": "", "text": "Better solution would be petitioning the bands to play the venues that don't run through ticketmaster, but that doesn't work for any bands with a remotely large following. Not buying the tickets isn't going to do anything, especially with sold out shows (someone else will grab your ticket)."}
{"_id": "19691", "title": "", "text": "Notes and Bonds sell at par (1.0). When rates go up, their value goes down. When rates go down, their value goes up. As an individual investor, you really don't have any business buying individual bonds unless you are holding them to maturity. Buy a short-duration bond fund or ETF."}
{"_id": "19693", "title": "", "text": "From your own cite:  &gt; Sales were offset by China increasing its holdings   But it's an article from March.  From the same source, but in June:  &gt; [Global investors have piled into US government bonds this year, drawn by the allure of high yields.](http://www.ft.com/intl/cms/s/0/6907c2a0-f24a-11e3-ac7a-00144feabdc0.html#axzz3AlhYHl8A)  &gt; At a time when the Federal Reserve has steadily reduced bond purchases since January and announced a further reduction at Wednesday\u2019s policy meeting, foreign buyers have effectively stepped up, followed by domestic banks."}
{"_id": "19694", "title": "", "text": "His company bought and sold businesses. The businesses themselves were the product. Of course they were speculating. Every single business speculates on the demand of their product. It is different from a typical store, but its still business.    Private equity and the business of flipping, stripping and sometimes holding businesses isn't new or unique to Mr. Romney. Its not easy, like this article tries to portray, and IMO takes a greater business person to run and be successful in than a typical business. Experience: I worked for a private equity group for a short period of time during the boom. It was scary and extremely stressful. There are games, cronyism, and inside information like there is in any business. Bigger scale with many jobs at stake and huge gains and losses? Yes. But simple and not business? No way.   I don't like Romney or Obama. I like an honest candidate, so I don't really like any of them. Ever."}
{"_id": "19698", "title": "", "text": "Why not personal responsibility? Get paid *then* provide the service. It's what small business owners do every day without the help of government or the protection of a large corporation. Individuals comply with safety regulations to protect themselves. If you need a corporation to do it for you, expect to make less. If you can do it yourself, expect to make more as an entrepreneur."}
{"_id": "19701", "title": "", "text": "not really, just coming up with shit to say, i like to maintain a bit of the thread one way or another and it was all too easy there.   If being cyclical or recursive keeps it going then off we go!"}
{"_id": "19702", "title": "", "text": "As others have already pointed out, the bank isn't getting your money upfront - the cash goes to the dealer and the bank will be financing you a much smaller amount. They really don't have any incentive to give you a better interest rate, but it never hurts to ask. The more important (and unasked) question is should you do this? Keeping in mind that a loan with good credit could be in the 1.8% range. Average long-term returns in the market are over 3x that, so by paying upfront you're trading the opportunity for 6%+ returns for the ability to save -2% fees."}
{"_id": "19711", "title": "", "text": "\"I think the closest you can come is to buy health insurance, which had the company's bet on trends in healthcare costs already built into it. But as you've posed the question, I agree that the answer is \"\"no\"\" -- at best you might find someone willing to give you short odds that the rate increases over 20% or long odds that it doesn't go up at all, or something of that sort... and that isn't a bet the markets are designed to handle.\""}
{"_id": "19721", "title": "", "text": "I agree with you for the most part, but banks need *some* way of comparing the relative risk of various loan applicants; forcing them to use TweedleDee over TweedleDum is really failing to see the forest for the trees.   Equifax is *not* the problem here.  The fact that that entire *industry* is allowed to exist without our explicit permission, *is* the problem."}
{"_id": "19739", "title": "", "text": "Dear Iran, what our Moron in Chief is trying to tell you is that you need to get a nuclear weapon as soon as possible.  The Jews are never going to to shut the fuck up, they will keep on and on and on until they some how manage to cause a war and then our Fearless Moron will not be able to protect you.  As it is the Jews have forced the US to pull out of the UN, they control the US government, they control the US economy, they even control the Royal Retards Daughter, so there is only so much he can do, and this is his final warning  Protect yourself, eventually, the Jews will deliver some fake evidence or story, just like in Iraq and the poor Goy US army will have no choice but to attack you, Unless you have a   #BIG BAD NUKE POINTED AT ISRAEL  that will shut them the fuck up"}
{"_id": "19746", "title": "", "text": "This is a letter by a mother two her loving twin daughter. At the age of 3 her father was died and in this letter her mother shows a book of letter in which her dad\u2019s family, friends and co-worker share their stories about him. Now her twins are 16 year old, she tells about her stepfather who is as loveable as her father."}
{"_id": "19753", "title": "", "text": "It's not fucking rocket science. You cut taxes at the high income brackets, and it helps people in higher income bracket. Is this what counts for journalism these days?  I wish I could get my time back for reading this article."}
{"_id": "19766", "title": "", "text": "Good on him.  From time to time I hire (project-based) programmers, writers, designers - and nobody works for free for me, never has and never will.  I don't work for free, either. Where do these people come from, the US antebellum South?  The thing here is that he didn't cop a 'tude right away, he gave the other the benefit of the doubt, and still acted gracefully even when the other got abusive.  10/10 would hire.  Seriously."}
{"_id": "19781", "title": "", "text": "Is this an unusual amount to pay for refinancing a home loan? Yes, I would say it seems pretty high.  Although credit unions usually have pretty good deals, I would shop around a bit. Is refinancing not worth it if you might move in the next year or two? Totally not worth it if you'll be moving in a year or two.  You need to think realistically about what you could sell your house for though.  If you bought it 4 years ago, it's likely gone down in value significantly (depending on your locale).  Are you prepared to take a significant loss to sell?  If not, you might be forced to stick it out for 3-5 years or more."}
{"_id": "19789", "title": "", "text": "Australian Goods and Services Tax is charged on the sale amount. Whatever internal accounting you do before billing the customer is of no interest to the Australian Tax Office."}
{"_id": "19793", "title": "", "text": "Sounds like you are drowning in debt. Why not just stop paying? It will ruin your credit, but eventually you might be able to settle for much less than you owe and a reasonable interest rate. You will then have a long road to recover you credit, but IMHO this road is much longer and stressful. Hey, you are paying a high interest rate because you are EXPECTED to default. If you were expected to pay back your rates would be lower!"}
{"_id": "19794", "title": "", "text": "Systems to research that may help you out: Less Accounting and Wave are great because they can import data from banks / credit cards. I know you said your bank doesn't export it but it seems like something as a small business you would want."}
{"_id": "19821", "title": "", "text": "But an AI is likely to have fewer resource limitations, because it won't have to evolve and exist as an African primate, we built it. Our intelligence also evolved to best deal with reality as we experience as physical, organic beings throwing spears at one another, something else an AI wouldn't be limited by."}
{"_id": "19823", "title": "", "text": "**[Craig Morganson](http://www.askcraigmorganson.com/)** says, the probability is, throughout your life, you\u2019ve sat down at a piano or keyboard and plinked your way around it, musing on how you wished you\u2019d taken the moment to master how to play. You might be unclear by the noticeable differences among keyboards and pianos, and in reality they usually are off putting to rookie players."}
{"_id": "19837", "title": "", "text": "There are tax strategies you could take advantage of if you own the property. Find local real estate investors that like 'buy and hold'. Additional strategy is to buy a property and sell it with owner financing (you use a Residential Mortgage Loan Officer to facilitate.) What is great is you can get a great % real return on your money without being a landlord."}
{"_id": "19845", "title": "", "text": "Its also going to allow for Russian businesses to grow in to fill certain spaces left vacant by the NATO commerce which could make up for the hit they will take from The US EU sanctions. Hes protecting the economy at the cost of a little comfort."}
{"_id": "19853", "title": "", "text": "Such funds are handed over to the state. In NE, like in many states, there is a government website where you can search by your name, find them, and claim them (with proof of your identity, etc.): https://treasurer.nebraska.gov/up/ For sure, the bank cannot just take the money. It is sitting somewhere, the bank just closed the account, meaning they are technically not managing your money anymore."}
{"_id": "19862", "title": "", "text": "Most drugs addicted will begin the process of determining which program is best for their needs by deciding addiction treatment. If you are looking Drug and alcohol detox programs in Florida. The World Recovery Centers provide the best recovery program. An individual will develop the problem, and zero family history of addiction does not guarantee that someone will not develop an addiction to have attempted addiction treatment in the past, to struggle with suicidal thoughts or behaviors."}
{"_id": "19864", "title": "", "text": "I interned at GS last summer and I am returning fulltime after graduation. In my experience and those I've encountered, it is very much dependent on where, front vs back, in the bank you work. Most software development jobs at GS seem to be 9-5. If you write software in front-office parts of the bank like trading, though, hours generally get worse (but pay is better!)."}
{"_id": "19875", "title": "", "text": "So hopefully you are not spending the money before you make it.  If you are, you are asking for trouble.  If not the solution is easy. If you use a spreadsheet for tracking have a item in your checking account running total that is simply CC to pay.   Lets say you just got paid, and your balance is like this: You can then do virtual withdrawals for each category In this case you have 70 left to spend.  Whoops the car gets a flat which costs you 5 that you put on the card and you also pay your rent by CC.  Then your spreadsheet should look like this: You still have the 70 left to spend, and when the CC bill comes due you are free to write the check."}
{"_id": "19880", "title": "", "text": "Hey, I'm also a software engineer in Cleveland. There's actually tons to do, but it sounds like you just don't know anyone in your age range/not married. Check out the east bank flats or w 25th in Ohio city. If the bar scene isn't your thing there are still tons of other options so long as you have some type of hobby or activity you like to do for fun."}
{"_id": "19884", "title": "", "text": "\"Since all the other answers thus far seem to downplay the risk (likelihood) of the money being seized, I figure I may as well make my comment an answer. Unless you happen to have your legal team travelling with you and your suitcase of cash, you should expect that you'll be questioned extensively, so that any sign of nervousness, inconsistency in your answers or anything you say that doesn't \"\"make sense\"\" to the officer will be used as an excuse to seize your money, and you'll learn an expensive lesson in civil asset forfeiture. The government will file a complaint against your money, leading to a ridiculously named case, such as United States v. $124,700 in U.S. Currency. Worth noting that while the outcome in this case was not in the government's favor, in the vast majority of cases, the government keeps the cash. Between 9/11 and 2014, U.S police forces have seized over 2.5 billion dollars in cash without search warrants or indictments and returned the money in less than 10% of cases.  That last link is kind of a long read, but contains cases where people with completely legitimate money and documentation for their money had it seized anyway, and were only able to recover it after months or years in court.\""}
{"_id": "19912", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://money.cnn.com/2017/10/04/news/economy/india-economy-modi-slowdown/index.html) reduced by 92%. (I'm a bot) ***** &gt; Prime Minister Narendra Modi swept into power in 2014, promising to take India&amp;#039;s economy to new heights.  &gt; India is still reeling from two shocks within 12 months - Modi&amp;#039;s sudden ban last November of 86% of the country&amp;#039;s cash, and a sweeping overhaul of the tax system aimed at turning the country&amp;#039;s 29 states into a single market.  &gt; India&amp;#039;s Supreme Court dealt the economy another blow in April, banning the sale of alcohol within 500 meters of national highways.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74g10i/india_what_happened_to_modis_promise_of_an/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~222577 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **India**^#1 **economy**^#2 **Modi**^#3 **Growth**^#4 **reform**^#5\""}
{"_id": "19935", "title": "", "text": "&gt; Ohh hahah I was thinking we'd do like a stock options situation if this goes big.  Oh, I was thinking we'd do like a data entry situation if this goes big. You send me $50 and a CSV file every time you want to do anything with the program, and I'll do it.  &gt; Or you could just do it for exposure?  Cool, good deal. I'll send you some screenshots of the GUI so you can work them into your pitch deck or w/e. When you decide you want the actual program, you can pay me."}
{"_id": "19936", "title": "", "text": "Make sure you have a budget, there is a pretty cool budget tracker that you can download here (it works in excel and is easy to use).  The important thing is to not only make a budget but also keep in touch and track your budget, some free ebooks and other investment ebooks too.  Just start with the budget tracker: http://www.futureassist.com.au/young-to-mid-life Focus on paying off debt first Next look at ETF's (Exchange Traded Funds) as a possible investment option - this is an Australian Government Website but ETF's all work in the same way:  https://www.moneysmart.gov.au/investing/managed-funds/exchange-traded-funds-etfs"}
{"_id": "19946", "title": "", "text": "[it was 15 to 1 before the SEC decided that big banks needed to be able to risk more.](http://en.wikipedia.org/wiki/Net_capital_rule)  it also started teh distrust between banks. With 15 to 1 you were pretty sure that another bank you were dealing with was leveraged exactly 15 to 1. WHen he removed that requirement, then banks had a much harder time judging the health of other banks they were dealing with.   you just didnt know if they were 20 to 1 or 30 to 1 or higher, without going through all their books.  This was one of the main reasons the recession was so large in scope. Housing would have exploded eventually, but without the leverage regulations they were able to make it hurt far far far far far far worse.. several times worse."}
{"_id": "19958", "title": "", "text": "Either way, letting these humongous institutions fail would have undoubtedly produced a worse result (best case scenario complete credit freeze, i.e no mre credit cards.  Worst case scenario, even the most financially sound banks fail as part of a financial domino effect and we're back to trading deer skin for beaver pelts).  The best way to prevent these kinds of situations is to never get in them in the first place.  Placing graduated capital constraints on larger and larger financial institutions (i.e.  the larger your balance sheet, the greater the percentage of capital you must retain to offset risk) is the best way to protect against financial collapse.  This way competitive market forces would remain intact, while simoutaneosly reducing risk.  Basel 3 addresses some of these issues, but I speculate more will need to be done to prevent another collapse from happening in  the future."}
{"_id": "19973", "title": "", "text": "\"Will it be more money for me now if I don't take it out? Yes Will it be more money for for my retirement if I do? Yes The difference will be the existence of a match and tax-deferral.  If there is a match then you will have an instant 100% gain on the amount that is matched. From a tax standpoint, putting some in your 401(k) now will reduce your taxes this year - you will instead pay tax when you withdraw the money at retirement (the withdrawal will be considered \"\"income\"\" at that time). Other decision points: If there is no match, but you still want to add to retirement savings, then you could alternatively put the money in an IRA, which will give you more control over your investments than a 401(k) (which could be good or bad, depending on how investment savvy you are).\""}
{"_id": "19977", "title": "", "text": "If the money awarded is sufficient to cover the cost of supporting their software, then you can at the time of entering the contract make a pledge of the money.   However if you need to prove that you have sufficient funds otherwise, you need to ask the organizers what they need, typically a Bank Statement showing the funds may be sufficient in the easiest possible condition, on the other extreme you may need to open an escrow account and deposit the money as safe keeping with the Bank and then produce that letter ... Depending on the country and Bank, certain Banks allow different passowrds for transactions and different for querying, so you can share the query password ..."}
{"_id": "19981", "title": "", "text": "Putting extra people on their planes is a very low cost for them - basically just a few bucks for extra fuel they'll burn to move another 180 lb human through the air.  To help seal multi-million-dollar deals, it's fine."}
{"_id": "19985", "title": "", "text": "\"I hate when people say this type of thing. Someone spending $20k on an event is using their residual income, and can most definitely also afford to go on vacations. It's like saying \"\"I'd never buy a Lamborghini, I'd buy a house instead\"\". That's nice wishful thinking, but the dude getting a Lambo isn't going to have an issue having a house.\""}
{"_id": "19986", "title": "", "text": "\"Currencies such as the dollar, the Euro, and most others are no longer tied to gold in any way. They are just paper that is worth what it's worth because everyone agrees to accept it.  Previously, currencies used to be commonly tied to gold reserves, and could theoretically be \"\"cashed in\"\" for gold, although not usually as much as the currency denomination (i.e., gold on the open market tended to sell for higher prices than what the government would give you for it).\""}
{"_id": "19999", "title": "", "text": "You need the Present Value, not Future Value formula for this. The loan amount or 1000 is paid/received now (not in the future). The formula is $ PMT = PV (r/n)(1+r/n)^{nt} / [(1+r/n)^{nt} - 1] $  See for example http://www.calculatorsoup.com/calculators/financial/loan-calculator.php With PV = 1000, r=0.07, n=12, t=3 we get PMT = 30.877 per month"}
{"_id": "20016", "title": "", "text": "\"Illusions of transparency. Mitigation of risk. Emotion. The system.  Short answer per sdg's post - it's the law. Long answer which I wont get into - it's a philosophical stance. It makes people feel better. It encourages a sense of \"\"the system really does work.\"\"\""}
{"_id": "20019", "title": "", "text": "Also VW has more brands, i.e. is more diversified This isn't necessarily a good thing for investing.  It makes the company less likely to go down, but it limits your portfolio.  For example, say you think that Hyundai is a good alternative to Volkswagen (VW) but really like Audi.  If you buy VW, you get some Audi but a lot more of the rest of VW.  Then if you bought Hyundai, you'd be overrepresented in that segment of the market.   Audi may not be structured uniquely, but it is still the only company selling Audi brand cars.  Perhaps someone thinks that those models will do well.  That person may think that Audi will do exceptionally well in its niche.   Having many brands isn't necessarily great.  General Motors had something like sixteen brands before declaring bankruptcy.  It only has twelve now.   Now, it sounds like you feel the opposite about it.  You don't particularly like Audi as a stock and like VW better.  Your reasons sound perfectly reasonable (I know little about either company).  It may even be that VW is the only one buying Audi stock, because everyone else has the same view as you."}
{"_id": "20022", "title": "", "text": "Use the Black-Scholes formula. If you know the current price, an options strike price, time until expiration, and risk-free interest rate, then knowing the market price of the option will tell you what the market's estimation of the volatility is. This does rely on a few assumptions, such as Gaussian random walk, but those are reasonable assumptions for most stocks. You can also get a list of past stock prices, put them in Excel, and ask Excel to calculate the standard deviation with stdev.s(), but that gives you the past volatility. The market's estimate of future volatility is more relevant."}
{"_id": "20027", "title": "", "text": "Have to say, every once in awhile when I'm going to Google maps and I'm in a conversation about it, I say I'm going to mapquest it. They aren't necessarily synonymous with that, but it'd sort of ingrained in me after being born in the 80s and then growing up with that as being my main option in my teens."}
{"_id": "20036", "title": "", "text": "That's really not something that can be answered based on the information provided. There are a lot of factors involved: type of income, your wife's tax bracket, the split between Federal and State (if you're in a high bracket in a high income-tax rate State - it may even be more than 50%), etc etc. The fact that your wife didn't withdraw the money is irrelevant. S-Corp is a pass-through entity, i.e.: owners are taxed on the profits based on their personal marginal tax rates, and it doesn't matter what they did with the money. In this case, your wife re-invested it into the corp (used it to pay off corp debts), which adds back to her basis. You really should talk to a tax adviser (EA/CPA licensed in your State) to learn how S-Corps work and how to use them properly. Your wife, actually, as she's the owner."}
{"_id": "20049", "title": "", "text": "Thank you for your feedback, I'd asked her all week about communicating to me a date of returning to work but at this point its costing me time and productivity. I cannot not help but feel I am being taken advantage of (because she knows she is killing it). I sent a message letting her know I'm seeking temp help and that if anything opens up in the future I will contact her. Currently on hold with local temp agency. Wanted to be concerned about being considerate but she is 10 years older than I and I couldn't ever image my boyfriend leaving as a reason for me missing a single day of work. Glad to be reassured I wasnt being insensitive."}
{"_id": "20054", "title": "", "text": "See the Mortgage Professor's calculators (#3). Go to bankrate and look up rates so you know what to punch in to those calculators."}
{"_id": "20064", "title": "", "text": "This is really shallow analysis.  Just because revenues are up does not mean the market is healthy.  This might indicate that a market dominating participant such as Amazon is causing prices to be aggressively driven up.  The real issue isn't so much quaint dead tree versions facing off against e-books, but who is getting the money from this trade which is getting locked down to various shiny devices."}
{"_id": "20076", "title": "", "text": "The shareholders have a claim on the profits, but they may prefer that claim to be exercised in ways other than dividend payments. For example, they may want the company to invest all of its profits in growth, or they may want it to buy back shares to increase the value of the remaining shares, especially since dividends are generally taxed as income while an increase in the share price is generally taxed as a capital gain, and capital gains are often taxed at a lower rate than income."}
{"_id": "20079", "title": "", "text": "The basic idea behind a derivative is very simple actually.  It is a contract where the final value depends on (is derived from) the value of something else.  Stock, for instance, is not a derivative because the contract itself is actually ownership of part of a company.  Whereas car insurance is a derivative because the payout depends on the value of something else namely your (and other peoples') cars. The problem with such a simple definition is that it covers such a broad class.  It covers simple contracts like Futures where the end value just depends on the price of something on a future date.  But it extends to contracts complicated enough that people in finance call them Exotics. Derivatives are broadly used for two things reducing risk (sometimes called insurance) and speculation.  A farmer can use derivatives to make sure she gets paid a certain amount for her corn.  A banker can group a bunch of loans together and sell slices to reduce the pain of a particular loan failing.  At the same time people can use the same instruments to speculate on the price of (for example) that corn or those loans and the main advantage is that they don't have to buy the corn or loans directly.  Any farmer will tell you corn can be very expensive to store. Derivatives generally cause problems both individually and sometimes world wide when people don't properly understand the risks involved.  The most famous example being Mortgage-backed Securities and the recent Great Recession.  You can start understand the instruments and their risks by this wonderful Wikipedia article and later perhaps a used collection of CFA books which cover derivatives in great detail. Edit: Michael Gr\u00fcnewald mentioned Hull's text on derivatives a wonderful middle ground between Wikipedia and the CFA books that I can't believe I didn't think about myself."}
{"_id": "20085", "title": "", "text": "\"you make many assumptions, they are incorrect.  our viewpoints regarding politics are probably pretty similar.  you'd know that if you looked at my post history.    everyone's post history is totally public!  it helps us understand who we're talking to.  it provides context.  it speaks to your validity and intentions.  if you regard it as \"\"peeping\"\" then you don't understand reddit.  speaking as someone who has been here a long time.  this sub is for *investors*.  people don't understand why you're not posting in a more relevant sub\""}
{"_id": "20095", "title": "", "text": "&gt; Come on, Germany!  Look at history and start understanding that you\u2019d be far better off looking eastwards, reaching intelligent agreements with raw-materials-rich Russian, than with just dragging as dead-weight \u201cOld Europe\u201d and its increasingly decadent and misgoverned American controllers."}
{"_id": "20102", "title": "", "text": "&gt;These people are being held below a  livable standard by otherwise failed business models.  Please explain who is being held down in this situation.  An employment agreement is voluntary.  Wages are set by supply and demand.  &gt;This country has the most profitable businesses in the world.  Those jobs will be replaced, and those people will be better off. That is how markets work.  So you want to violently intervene and kill off the livelihoods of people because they voluntarily work for a business you deem too unprofitable to exist?  The jobs will be replaced by machines and the people whose jobs you killed now live 100% on the dole, likely forever.  Most of the people affected will be minorities.  I can't imagine a more heinous and racist act of economic violence.  &gt;Individuals who would rather see people toil endlessly for terrible businesses kept on life support by poor economic policy are the ones who should be ashamed.  Individuals who would rather see perfectly able bodied people 100% on the dole rather than providing for themselves should be ashamed.  Seriously, fuck you and fuck your violent and racist policies."}
{"_id": "20116", "title": "", "text": "You only have to own it for a day (or rather for some amount of time before the close of trading the day before the ex-dividend date).  This is governed by exchange rules based on the date of record and payable date set by the company.  You might want to look at this article or this one for more details. It should be difficult to make money from changes due to the dividend distribution since it is well known and expected.  The exchanges have established rules for handling the various details that can come up, and traders account for the change where appropriate (as in option pricing).  Also, note that the favorable U.S. tax treatment of dividends requires a 60-day ownership period for the stock."}
{"_id": "20140", "title": "", "text": "\"Not sure what your needs are or what NIS is:  However here in the US a good choice for a single fund are \"\"Life Cycle Funds\"\". Here is a description from MS Money: http://www.msmoney.com/mm/investing/articles/life_cyclefunds.htm\""}
{"_id": "20144", "title": "", "text": "Well, like I said, there's a big difference between working level bean counters who aren't allowed to think, and management bean counters who can use their brains. Process for process sake isn't a good thing in ANY profession.   Maybe that's the difference. Bean counters (the little ones) are mired in process."}
{"_id": "20150", "title": "", "text": "&gt;[**\u041d\u043e\u0432\u0430\u044f \u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0430\u044f \u0438\u0433\u0440\u0430 \u043e\u0442 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u043e\u0433\u043e \u0430\u0434\u043c\u0438\u043d\u0430! 50 % \u0447\u0438\u0441\u0442\u043e\u0439 \u043f\u0440\u0438\u0431\u044b\u043b\u0438 \u0437\u0430 1 \u0441\u0431\u043e\u0440 \u043c\u043e\u043d\u0435\u0442!\u0417\u0430\u0445\u043e\u0434\u0438 \u0431\u044b\u0441\u0442\u0440\u0435\u0435! [5:52]**](http://youtu.be/0bdNp92_Jlw)  &gt;&gt;\u041f\u0440\u0438\u0432\u0435\u0442 \u0434\u0440\u0443\u0437\u044c\u044f! \u0412 \u044d\u0442\u043e\u043c \u0412\u0438\u0434\u0435\u043e, \u0431\u0443\u0434\u0435\u0442 \u043d\u043e\u0432\u0430\u044f \u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0430\u044f \u0438\u0433\u0440\u0430, \u043e\u0442 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u043e\u0433\u043e \u0430\u0434\u043c\u0438\u043d\u0430!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^2 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "20165", "title": "", "text": "The credit limit is not going to be the problem; the daily spending limit is more likely be tripped first. I'm not a lawyer but if you are not responsible for the credit card details being leaked it is very unlikely that the bank will be able to charge you for fraudulent spending on the card. The important thing is to notify the bank as soon as possible once you realize there is a problem and if practical keep evidence of that notification, it will then be the banks problem to fix. From my understanding Singapore has relatively good consumer protection and it is unlikely the bank will get very far even if they try to charge you."}
{"_id": "20178", "title": "", "text": "\"How can it be fake news when we're looking at government generated economic data?  Anyone can pull this data from the Internet to verify.  I think \"\"fake news,\"\" is just an excuse for people to dismiss ideas they don't like.  The press has always criticized presidents, this is nothing new.  It's a shame that some people have lost the interest of ability to analyze the veracity of news articles.\""}
{"_id": "20180", "title": "", "text": "Find a good commercial bank in the us, or almost any bank in Canada, and exchange cash. Or use an ATM card in Canada; the surcharge is often minimal. (Check with your bank before traveling). You may or may not get a good exchange rate from your hotel desk; some view it as a courtesy, others as a service. You may be able to simply pay with American cash, near the border, but check the exchange rate. Or, for small amounts, you can simply not worry about whether you're getting the best possible exchange rate or not. I visit Canada periodically, and I use a mix of these solutions. Including that last one."}
{"_id": "20190", "title": "", "text": "\"I think I mis-read your comment above.    I agree, didn't mean to come off so snarky.   I don't believe her role involves what I would consider making traditional \"\"business decisions\"\".  However, I know from a few sources she is at the HQ regularly working on marketing and product / packaging designs.\""}
{"_id": "20193", "title": "", "text": "As somebody who has worked remotely for the last 5 years, first at 50%, then at 100%, I find this shift to be far superior to office work. My productivity is up, my focus is good, and the work/life balance is far better than if I was working in an office. I can put in a longer day than my colleagues, yet still be free to pursue outside goals sooner than they are by eliminating my commute. Instead of spending money on greasy rushed lunches near the office, I eat healthy and cheaply at home. My energy, focus, and balance are all better."}
{"_id": "20196", "title": "", "text": "Facebook has its fingers in many cookie jars and and can dip in many more because of the crazy amount of money they have/generate. They are practically unstoppable by now. I doubt we will see something new come along and kill it its too diverse for that."}
{"_id": "20209", "title": "", "text": "Don't like HFT? Use a stock exchange or dealer network that only allows manually entered trades.  I hope readers are not convinced by this article to support the enactment of regulations that prevent people from using HFT.  Maybe he's right and HFT is detrimental (which I doubt), but this is something that should be decided by the free market."}
{"_id": "20210", "title": "", "text": "Nope. Or at least, if it were possible the company offering such a credit card would quickly go out of business. Credit card companies make money off of fees from the merchants the user is buying from and from the users themselves. If they charged no fees to the user on cash advances and, in fact, gave a 3% back on cash advances, then it would be possible for a user to: The company would lose money until they stopped the loophole or went out of business."}
{"_id": "20215", "title": "", "text": "The answer is no. Paypal will always ask for permission before adding or withdrawing money."}
{"_id": "20235", "title": "", "text": "The man is pure evil. And I really have to wonder what these people think is in it for them? I mean where is the advantage for you to run your country into the ground? Sure you will wind up king of the hill but your hill is just going to be a pile a rubble and your kingdom will be a wasteland of ruins."}
{"_id": "20240", "title": "", "text": "It's meaningful because we as a society have collectively decided that they are. It's all imaginary value, just like fiat money. That and in our capitalist society it is yet another product you are *forced to buy* or risk not having access to even a semblance of a decent life.  It's a pretty good racket if I do say so myself."}
{"_id": "20254", "title": "", "text": "Sure, its gross, but my meta-research indicates its safe, and its a more efficient way to use the whole cow. We praise native Indians for using every part of the buffalo - but we can't do the same in the modern era?   Efficiency when it comes to beef production is probably a good thing, considering how greenhouse intensive the meat is.  Ground meat and sausages have always been about using the final scraps of the animal. If you don't like it, don't buy that type of meat."}
{"_id": "20255", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009; Section 33. [**Reliability**](https://en.wikipedia.org/wiki/Myers-Briggs_Type_Indicator#Reliability) of article  [**Myers-Briggs Type Indicator**](https://en.wikipedia.org/wiki/Myers-Briggs%20Type%20Indicator): [](#sfw)   ---  &gt;  &gt;Some researchers have interpreted the [reliability](https://en.wikipedia.org/wiki/Reliability_(statistics\\)) of the test as being low. Studies have found that between 39% and 76% of those tested fall into different types upon retesting some weeks or years later.    &gt;One study reports that the MBTI dichotomies exhibit good split-half reliability; however, the dichotomy scores are distributed in a bell curve, and the overall *type* allocations are less reliable. Also, test-retest reliability is sensitive to the time between tests. Within each *dichotomy* scale, as measured on Form G, about 83% of categorizations remain the same when individuals are retested within nine months, and around 75% when individuals are retested after nine months. About 50% of people tested within nine months remain the same overall *type*, and 36% remain the same type after more than nine months.  For Form M (the most current form of the MBTI instrument), the MBTI *Manual* reports that these scores are higher (p.\u00a0163, Table 8.6).  &gt;In one study, when people were asked to compare their preferred type to that assigned by the MBTI assessment, only half of people picked the same profile.  Critics also argue that the MBTI lacks [falsifiability](https://en.wikipedia.org/wiki/Falsifiability) [*[citation needed](https://en.wikipedia.org/wiki/Wikipedia:Citation_needed)*], which can cause [confirmation bias](https://en.wikipedia.org/wiki/Confirmation_bias) in the interpretation of results.  &gt;  ---  ^Interesting: [^MBTI ^Step ^II](https://en.wikipedia.org/wiki/MBTI_Step_II) ^| [^Isabel ^Briggs ^Myers](https://en.wikipedia.org/wiki/Isabel_Briggs_Myers) ^| [^ESTJ](https://en.wikipedia.org/wiki/ESTJ) ^| [^Personality ^psychology](https://en.wikipedia.org/wiki/Personality_psychology)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjmsshf) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjmsshf)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "20258", "title": "", "text": "\"Thanks for the great response.  The example with calculus is perfect! Group A is some students who will never ever get it, no matter how much you teach and train them.  As you know, group B is some students who excel in calculus just by reading the book with no need for a professor to explain or teach them. They probably exceed in understanding beyond the course objectives.  Group C, most, will be in the middle: struggle and with efforts of the professor (if the class is not more than 10-15 students) and their own efforts, they will eventually understand... some will get C, some will get B and few will get A.  Which group will succeed with their career if it requires calculus?  &gt; The messed up part is that professors are never formally taught to teach.   True. I was an adjunct professor while studying for my master's. In the end of the semester, students had to evaluate their professors. I got the 2nd best results, after another part-time adjunct professor, and way above all tenured professors. Are you surprised? By the way, I was teaching introductory classes and I was working for the department I was teaching for as a research intern.  As for professors who don't know how to teach, this was not an issue in the past and was not needed in the past (i.e. it's because of past traditions).   In the past, the role of the professor was not so much to teach, in the sense and the way teachers teach today in elementary school: attend and dance around every student's special needs and go in a slow pace to accommodate make sure nobody is left behind.  The role of the professor in the past, being a real expert and full of knowledge far and beyond what is required, was to plan and sequence what has to be taught, in a pace that will meet the full agenda of the class. No concern is given for students who can't keep the pace. Also, the role was to challenge the students, test then and answer any question they may have. This includes debates over any topic related to the class material.  &gt; I think the vast majority of work related skills that people develop are learned on the job  Absolutely true!!!! Or let's put it this way: **the best school was, is and will be \"\"a Master and an Apprentice\"\".** Which is somewhat still done in Germany, and is the only way Medical Students learn... because, no choice: the life of others is in their hands.   By the way, **Masters have zero patience** for apprentices who don't show a promise. Masters also have little talent in teaching but **Masters have long term 1000% patience** to show, again and again, correct again and again, demand, explain and challenge their apprentices.  ... to the point the Masters actually don't do much work, and, instead, just teach, in their own special way.\""}
{"_id": "20259", "title": "", "text": "Revisionist history much? The law that forced pension obligations was sponsored in the senate by Susan Collins, who by voting record is one of the most pragmatic and moderate senators. It also passed the senate with unanimous consent, being hailed as common sense reform by many of the people who now rail against it."}
{"_id": "20261", "title": "", "text": "\"A \"\"balance transfer\"\" is paying one credit card with another.  You probably get offers in the mail to do this all of the time.  As other posters have noted, however, this usually comes with finance fees rather than the rewards that you get for normal purchases because it's written into your credit card agreement as a different class of transaction with different rules. I'm not sure if it's urban legend or true, but I have heard stories that suggest there were some \"\"loop holes\"\" in the earliest credit card reward plans that allowed for something like what you want.  I doubt that any plan ever allowed exactly what you've written, but I've heard stories about people buying gift cards from merchants and then using the gift cards to pay their bill.  This loop hole (if it ever existed) is closed now, but it would have allowed for essentially infinite generation of rewards at no cost to the cardholder.  The banks and credit card companies have a lot of years of experience at this sort of thing now, so the threshold for you finding something that works and conforms with the cardholder agreement is pretty small.\""}
{"_id": "20271", "title": "", "text": "Fox News could lose 100% of it's ad revenue and would still exist as a state-run propaganda arm.  17% of one month's ad revenue is 17% of a dust mote when compared to the power and lucre they stand to gain serving an autocrat who rules over the world's wealthiest country and the world's most powerful military."}
{"_id": "20283", "title": "", "text": "As an Indian resident you can open an Resident Foreign Currency Account, i.e. an USD account. This facility is provided by all major banks.  I am not sure if PayPal would transfer money to these accounts or would convert. The alternative is to give this account number along with other Bank details to the company in US and ask them to send money via remittance services."}
{"_id": "20294", "title": "", "text": "Some people may be prosperous that live in a city, but there are few prosperous cities. Most cities in the US are hand to mouth on funding, many large and mid-sized cities are in or going to be in trouble over worker pensions/retirement funding. The infrastructure in most cities is in poor repair. The nearest one to me needs $1 billion+ to fix the water system, that doesn't include roads or bridges. The countryside is where resources are produced, be it food, timber, ore mining, etc.... that is where wealth is produced. A city with no resources is an empty city."}
{"_id": "20304", "title": "", "text": "To be honest, all that they might be able to tell you is to keep saving.  Your income seems like it will vary week to week thanks to commission (and I'm still very curious how at 18 you found a job making $96,000 a year at minimum).  Right now because you have no savings, start stacking that up.   You're going to want an emergency fund on the side as well.   Even though now you may still live with parents, you still may run into issues where you'll need money on hand.  It's much better to dig into an emergency fund than get a loan.  Plus, when moving out, you won't be living paycheck to paycheck.  Best rule of thumb for this is to keep an emergency fund of roughly 3-6 months of expenses.  Right now because you're so young with so little money, there isn't a large reason to really open up an IRA or any sort of investment account.  Unless you're actually guaranteed $2,000 a week, then things are different."}
{"_id": "20310", "title": "", "text": "There is nothing wrong with private greed. Even if your sole purpose is to make money, you still have to provide the means of services or products that the public wants to buy. You are still providing people with things they want/need. And if you're a corrupt business, capitalism wouldn't allow you to fare well, or at least for long. You couldn't not continue to provide society with goods and services in pure capitalism if your aim is simply to be a profiteer.  The problem is corporatism. When you merge private and government greed, you get problems. This quote from Keynes is just plain ignorant on his part."}
{"_id": "20323", "title": "", "text": "If you invest in a 401(k), the shares in that plan are yours for as long as you live, or until you pull them out. So, if the employer is offering any sort of matching and those matched funds remain yours after you leave, then definitely contribute; that's an immediate return on your money. If the employer is NOT matching funds, then usually it is better to contribute to an IRA instead; you get the same income tax benefits from the deduction, without the headaches of going through your company (or the company from 3 jobs ago or whoever bought them) to get to your money. If I were in your position, the most I personally would do after I quit the company (which I'm assuming you'd be doing if you were going back to your country of origin) would be to have the 401k shares rolled over into a traditional IRA; that way I'd have more control over it from outside the country. Just keep the bank holding your IRA apprised of your movements around the world and how they can get ahold of you (it may be wise to grant a limited power of attorney to someone who will be staying in the U.S. if you don't want the bank mailing your statements all around the world), and the money can stay in an American account while you do whatever you have to outside it. As long as you don't take the money out in cash before you're 59 1/2 years old, you don't need to pay taxes or penalties on it. If you were to need it to cover unexpected expenses (perhaps relating to the aforementioned family emergency), then that decision can be made at that time. If you think that's even remotely likely, you may consider a Roth IRA. With a Roth, you pay the income taxes on your contributions, but the money is then yours; you can withdraw anything up to the total amount of your contributions without any additional taxes or penalties, and once you hit 59 and a half the interest also becomes available, also tax- and penalty- free. So if you had to leave the country and take a lot of cash with you, you could get out everything you actually put into a Roth with only minor if any transaction fees, and the interest will still be there compounding."}
{"_id": "20328", "title": "", "text": "\"You should definitely read through that contract front to back multiple times, making sure you understand every word. Voice your concern to the gym. Explain why you feel you're being cheated.   Best case: they waive the fee.   Worse case: you leave bad reviews all over social media, explaining the \"\"surprise fee\"\" practice, and *then* they waive the fee.  Very worst case: The gym refuses to waive the fee, you threaten legal action. They're probably going to waive the fee then. I don't forsee any circumstance where you actually have to take them to court.  I'd ask /r/legaladvice for sure.\""}
{"_id": "20335", "title": "", "text": "\"The textbook answer would be \"\"assets-liabilities+present discounted value of all future profit\"\".  A&L is usually simple (if a company has an extra $1m in cash, it's worth $1m more; if it has an extra $1m in debt, it's worth $1m less). If a company with ~0 assets and $50k in profit has a $1m valuation, then that implies that whoever makes that valuation (wants to buy at that price) really believes one of two things - either the future profit will be significantly larger than $50k (say, it's rapidly growing);  or the true worth of assets is much more - say, there's some IP/code/patents/people that have low book value but some other company would pay $1m just to get that. The point is that valuation is subjective since the key numbers in the calculations are not perfectly known by anyone who doesn't have a time machine, you can make estimates but the knowledge to make the estimates varies (some buyers/sellers have extra information), and they can be influenced by those buyers/sellers; e.g. for strategic acquisitions the value of company is significantly changed simply because someone claims they want to acquire it. And, $1m valuation for a company with $500m in profits isn't appropriate - it's appropriate only if the profits are expected to drop to zero within a couple years; a stagnant but stable company with $500m profits would be worth at least $5m and potentially much more.\""}
{"_id": "20341", "title": "", "text": "Ok, so let's just think about the IQ curve for a minute. We know that over 50% of the population has lower than average IQ. We know that toward the lower end of the curve, people are really dumb. Some of these on the very low end have federal assistance due to their handicap. It is not politically correct to call them retards because they are a natural product of nature special ed instructors say.  So, let's play the banking game. Pull up a list of all of the customers activity and graph out the frequency of those who overdraft. Hey, would you look at that, there is a curve and some of these people are overdrawing a lot more than others. Most customers overdraft rarely or not at all, but there are a few who do it all the time. These are the retards and the banks prey on them. These are the same folks who get 50% interest pay-day loans.  Never-mind the fact that banks have been given money by FED. Never-mind that they can park their money overnight and earn great rates for free. Never mind that the US government, soon to be replicated by governments all over the world, has stolen tax dollars from the population at large and given it to these banks without a moment of hesitation because they are too big to fail.  No, the problem is that these retards cannot balance their checkbook, therefore, it is their own damn fault. And for those who prey on the weaker, the down-trodden, the mentally challenged. Good for them! If you're too stupid to balance your account, then you deserve to be raped by big banks and the governments who are in bed with them.   Now, get on the other side of the IQ curve you fucking retards!"}
{"_id": "20346", "title": "", "text": "Are you looking for movers Beverly Hills who can offer quality packing and moving services in the city or to other cities? Are you fed up of searching one which not only charges reasonably, but also offer tailor made solutions? We, at Flatrate movers\u2019 la offer services at very flat rates."}
{"_id": "20353", "title": "", "text": "&gt; Blockbuster should have done some sort of rental package where you could return their mailers to the the store and get a couple of in store rentals for 10 bucks a month or something  This is pretty much exactly what they did"}
{"_id": "20354", "title": "", "text": "\"You ask a question, \"\"Is there any real purpose in purchasing bonds?\"\" and then appear to go off on a rant. Before the question is closed by members here, let me offer this:  This chart reflects the 10 year bond rate. From 1960-2004 (give or take) the coupon rate was over 4%. Asset allocation suggests a mix of stocks and bonds seeking to avoid the risk of having \"\"all of one's eggs in one basket.\"\" To that end, the simplest approach is a stock/bond mix. Over time, a 70/30 mix provides nearly 95% of the long tern return, but with a much lower volatility.  I'm not going to suggest that a 2% 10 year bond is an exciting investment, but bonds may have a place in one's portfolio. I'm not going to debate each and every point you attempted, but #5 is especially questionable. If you feel this is true, you should short bonds. Or you should at least 99% of the time. Do you have data to back up this statement?\""}
{"_id": "20359", "title": "", "text": "According to the United Nations things that people need to live are classified as human rights. Food, water, basic communication etc, all listed as human rights. Those things you listed are (I believe) from the American constitution(?) and are protected 'rights' but they are not human rights.   For more information you can visit the [Universal Declaration of Human Rights](http://www.un.org/en/universal-declaration-human-rights/) pay listed by the united nations. These are things that most countries on the planet agree all people need."}
{"_id": "20372", "title": "", "text": "\"Alright, I will go through bullet point by bullet point and try to best figure out what you will be doing in layman's terms. Please bear in mind that I do not work for a hedge fund, but rather a much larger entity, so a lot of the work you will be doing is pre-populated:  &gt;Roles = In this role, the individual will be the main point of contact for the client on all things related to understanding their trading profit &amp; loss and how their valuations have been sourced. In addition, the Product Controller will work with internal partner areas to ensure all required processes have been performed to verify the valuation accuracy of the client\u2019s portfolio.  From my understanding you will act as the middle man between the client and the analyst. As such here is how a real interaction may go: Client X calls, you answer - \"\"Hello, iDade's office, how can I assist you?\"\" Client X asks, \"\"Hey iDadeMarshall I was curious what my capital gains were on my FB purchase?\"\" iDade: \"\"Ok, let me pull up your account, just a moment. It seems as though your current capital are $30,000 (*LOL*) on your FB purchase.\"\"  Client X: \"\"Hmm, well do I have any significant loses that I may be able to sell off to off-set the tax on the capital gains?\"\" iDade: \"\"Why yes you do, it seems AAPL has taken a mighty tumble, would you like to sell a position to assist you in offsetting?\"\" Client X: \"\"Why that would be great. Thanks for your help.\"\" The conversation could go on, and that is a pretty deep conversation for the level you are going in, but I have had conversations like these before. The second part of the bullet just means that you will be checking and rechecking the grunt work of the analyst, and in some places actually performing the grunt work. The work will most likely be along the lines of finding returns for different time periods. Popular desired time periods are inception, ytd, qtd, 1yr, 2yr, etc. Remember all of these time periods are not good stand alone; they must be compared to a relevant benchmark. For instance, you would not want to compare the Barclays Intermediate Ag to an equity portfolio. The most common benchmark for an equity portfolio is going to be the S&amp;P 500, but you have to look at where the portfolio is focused. If it is a SCV you may want to look more towards something like the IJS (iShares S&amp;P SmallCap 600 Value Index). In the end always remember that any number you come up with is always relative to a benchmark. A plain return number is useless.  &gt;Knowledge/Skills = Knowledge of cash and derivative products across various markets \u2022 Knowledge of pricing and valuation \u2022 Knowledge of profit and loss reporting and related attribution analysis  Pretty much they just want to make sure that if a client asks about a forward/future contract as well as any swap/option that you understand what they are. This bullet points screams \u201cI KNOW WHAT I AM DOING EVEN THOUGH NOBODY KNOWS WHAT IS GOING ON IN THE ECONOMY.\u201d Be up on your current events have a personal conjecture about what you feel is going to happen moving forward, but do not convey it. If you know that the unemployment was the main driver behind today\u2019s poor market then you will be good for the day, because that will suffice for any call in that relates to \u201cwhy is the market down?\u201d One of my favorite quotes about the current economy is as follows: \u201cAnyone around here, who isn't confused about what\u2019s going on, doesn't understand.\"\" As scary as it is, that is the honest truth. Nobody knows what is about to happen and if anyone tells you they do, they are lying and you need to run away, quickly. I am assuming you know how to calculate profit and loss \u2013 I don\u2019t really know of a *special* way to twist the numbers around.  &gt;Major Duties = Managing the daily P&amp;L process for one or more client trading desks o Daily review of Quality Control checks o Working with trading desk(s) on P&amp;L differences/inquiries o Working with offshore Product Control Team (India) on QC process o Delivering a final daily (and month-end) P&amp;L statement to the client \u2022 Understanding and explaining the key drivers behind the P&amp;L movements \u2022 Preparing/Managing monthly (or more frequently as required) price verification process and associated reporting \u2022 Updating and maintaining pricing policy for each financial type that is included in the consultant\u2019s P&amp;L reporting \u2022 Ad/hoc projects to meet and enhance client deliverables  All this means is that you will be sending out the due diligence to the client and you will ensure you are using the proper closing price and include any deposits/withdrawals during the month into your calculation. The main point is knowing the reasons the price moved throughout the day/month. KEEP UP on current events and make sure that you understand a vast knowledge of economic data.  For what your day-to-day activity may be, I can walk you through it. Let\u2019s say you get in at 8am. You will get in at 8, read economic data/recent news articles until about 10; from there you will update client A-F P/L worksheet until about noon. You will eat a quick lunch until about 1230 and continue on the grind of E-M until about 4. From 4-5 you will reread what happened at the end of the day and an overall economic activity report for the day. You may stay until 8 or 9 (if you are in a banking hub/NYC), but a lot of the older guys will leave at this time. This is your time to shine. Stay as late as you can and pump out as much work as you can.  As for your interview, they may ask you what will be a good play for the next 6 months to a year \u2013 you should respond with common themes in the market. The most common theme is the dividend growth play. A ton of people are not predicting large amount of growth for the next 5-10 years, I believe I read something earlier that JPM lowered their growth forecasts by about 30% recently, so dividends IS the play. Dividend payers are generally well established companies (blue chip) that have a strong foothold in their respective industry/sector. There are a ton of funds sprouting out everywhere to follow this trend (you could throw out a few funds for brownie points, I\u2019ll give you some \u2013 MADVX and VDIGX are pretty common). I hope this helps and let me know if anything wasn\u2019t clear (wrote it pretty quickly). I am off to have a drink or two or three, I\u2019ll check this in the morning though.\""}
{"_id": "20378", "title": "", "text": "The price is moving higher so by the time you enter your order and press buy, a new buyer has already come in at that time and taken out the lowest ask price. So you end up chasing the market as the prices keep moving higher. The solution: if you really want to be sure that you buy it and don't want to keep chasing the market higher and higher, you should put in a market order instead of a limit order. With a market order you may pay a few cents higher than the last traded price but you will be sure to have your order filled. If you keep placing limit orders you may miss out altogether, especially if the price keeps moving higher and higher. In a fast moving market a market order is always best if your aim is to be certain to buy the stock."}
{"_id": "20407", "title": "", "text": "I asked this question in this weeks question thread.  But I'll ask it here too.    If the buy side here is an etf and has an expense ratio of x, does the rebate offset the expense or is accounted some other way? Another way, Is the rebate profit for the fund manager or the fund? Does it get disclosed somehow?"}
{"_id": "20409", "title": "", "text": "Two big things: In many ways, the early internet people were correct -- in 2011 we are much more productive as a society than we were in 1991. (Which comes with downsides, such as high unemployment) The bubble was a result of over-estimating those improvements and under-estimating the time required to yield those productivity gains."}
{"_id": "20418", "title": "", "text": "Horrible plan.  You are asking for a massive family feud over money. Don't mix extended family and money. You need to be able to make unemotional decisions about your finances and debt and you likely won't be able to make hard decisions that may be required if they would negatively impact your family. You don't want your brain and heart to fight. You will wind up losing your relationships with family, money, or most likely both."}
{"_id": "20420", "title": "", "text": "Jurisdictions will vary but I can imagine calculation methods for child support where the raise could become significant in the present with long future ramifications as well, even if the job is temporary or the parent wanted to step away from working full-time to attend school. The timing of the raise might coincide with disclosure of income to an ex-spouse or to the court related and it might be preferable to postpone the increase. Of course the court would probably frown on declining the raise for only these reasons. If it found out it might impute the higher income anyway. And I'm not suggesting that people dodge responsibility for their kids. We've all seen those cases where child support is not particularly equitable between the two parties and/or the kids do not necessarily benefit by the transfer of money. I wouldn't blame a parent for thoughtfully and unselfishly considering this type of second-order effect and consulting an attorney as with so many other financial implications of divorce. Regardless of personal moral objections it's certainly an answer to the question in technical terms that somebody somewhere has taken into account."}
{"_id": "20432", "title": "", "text": "\"I would hold off on making that threat (closing your account). First, because as others have said, it's not likely to help. And second, assuming you're willing to make good on that threat, you should only play that card as a final absolute last resort, because if it fails, and you close your account, there is little to nothing else you can try to get what you want. First, talk one-on-one with a personal banker at your local BA branch. You might be surprised at how helpful they can be. Next, try talking to customer service on the phone. After that, you might try sending a letter to corporate HQ. A lot depends on the particular \"\"feature\"\" you are talking about and why they removed it. It could be that 1) the bank finds the feature is just too costly provide for free, 2) there may be a technical reason why they can no longer provide it, 3) it could be as simple as that few to none of their customers (excluding you) are actually using the feature, or 4) it could be that due to changing regulation, or market forces, no bank is offering that feature anymore. Also, while they may not care specifically about your business, the local branch has an incentive to not drive customers away if it can be reasonably avoided.\""}
{"_id": "20449", "title": "", "text": "\"Yelp is a plague upon this earth, especially for small business owners.   I'd say it's symbolic of a flawed, cancerous line of reasoning that is somehow making its way even into the health care system as well as other sectors of business. That is: survey feedback.  Don't get me wrong; consumer/customer feedback is important. But, one has to take into account that usually only people with poor experiences tend to voice loudly, so results become skewed on the spectrums of consumers. Furthermore, many reviews are simply insane -- i.e. biased experiences due to a bad day, another customer, or something else entirely unrelated or unreasonable to their experience. Don't even get me started on peoples' bias towards Asian restaurants that aren't galvanized into PF Chang's style service.   Why the fuck do people go to MBA programs if they're going to put so much stock into such \"\"ratings\"\". It creates needless stress while providing a poor lens for understanding things. At best, it's a tool not a religion. At least, I presume people running the business end of hospitals are MBAs.  The customer is always right is only true insofar as how you treat them at the time of service. Secondly, reviewers aren't always right.\""}
{"_id": "20461", "title": "", "text": "You\u2019ll find home owners calling the experts for this project as they want to sell the property. In this situation, hiring project management Sydney experts and getting renovation done gives a handsome boost to the property\u2019s resale value and find most of the project management Sydney companies offering the service called restoration."}
{"_id": "20480", "title": "", "text": "You can criticize this all day long but at least take into account state benefits for being a parent and the fact that more children is an opportunity for more support later in life. Some families seemingly don't have a choice and some are trying to take advantage of the system and play the victim card. It's not merely a simple breeding habit"}
{"_id": "20481", "title": "", "text": "Despite being passed 10 years ago, Dodd Frank is not fully implemented yet.  I like to make that point when people tell me we can't get by without it.  We're getting by without all of it right now at this moment as we speak."}
{"_id": "20485", "title": "", "text": "Deposits are contributions. You deposit say, $5000, and over time you have $6000.  The $5000 can be withdrawn any time with no issue. It's tracked via form 8606.  With this in mind, I wrote an article The Roth Emergency Fund, suggesting that since one can withdraw deposits with no issue, the Roth can be used to hold emergency money."}
{"_id": "20504", "title": "", "text": "that's just it, though - they are splitting up the 1%! and in most cases, especially vanguard, they are splitting up far less.  ETFs don't have 12b-1 fees. explaining why you're experiencing different returns for ETFs will almost certainly involve something other than their expense. again, this is especially true for vanguard. they have the cheapest ETFs around (though i think schwab beats them on a few now).  i can only guess at the full compensation structure. betterment likely earns money on cash reserves and  securities hypothecation (i guess?). they also charge a small fee from what i understand. finance is very slim these days.  i guess i'm wondering what your ultimate question is. if it's the inter corporate compensation structure, above is my best guess. if it's about performance, then we need to compare the ETFs you are looking at. if it's about the fees on funds, i think we covered that!  as an advisor, it's my experience that very specific inquiries about fees have a deeper concern. people hear a lot about being overcharged so cost is a very standard place for clients to initially look when trying to compare performance of portfolios or securities."}
{"_id": "20519", "title": "", "text": "If you are searching for the best Hair Transplant Centre In Kharghar then contact with Aarjav Skin Care clinic which offers the best services for Hair Transplant, Laser Hair Removal, Laser Hair Tattoo Removal. To know more about Clinic Visit: http://www.aarjavskin.in/ or contact at:  9619418586"}
{"_id": "20529", "title": "", "text": "I meant bitcoin. The issuer is the designer of the currency, which I have stated multiple times, has structural issues. The exchanges are the banks, which have been shown to be susceptible to hacking. Bitcoin is also a fiat currency, just like every other currency, just one with no faith or guarantees behind it and no one to hold accountable when things go sideways. No thanks."}
{"_id": "20533", "title": "", "text": "Your response give me hope for you, attitude is one of the things you can change! It may sound strange, but to love others you need to love yourself first.  Sometimes that means accepting who you are today and dedicating yourself to small changes that make life better! Start by finding good role models for caring people and try to be more like them."}
{"_id": "20539", "title": "", "text": "\"Note that it isn't always clear that \"\"turning it all into an annuity\"\" is the right answer. Annuities are essentially insurance policies -- you're paying them a share of your income to guarantee a specific payout. If you outlive the actuarial tables, that may be a win. If the market crashes, that may be a win. But I'm increasingly hearing the advice that staying in investments (albeit in a very conservative position) may pay better longer. There are tools which will do monte-carlo modelling based on what the market has done in the past. You give them  your estimate of how much in today's dollars would be needed to \"\"maintain your lifestyle\"\", and they'll tell you how much savings you need -- and what form you might want to keep those savings in -- to have good odds of being able to live entirely off the earnings and never touch the capital My employer makes such a tool available to us, and in fact Quicken has a simpler version built into it; it's nice that the two agree.\""}
{"_id": "20543", "title": "", "text": "Ok thanks for this. I am curious, how would they know its facebook that is directing these increased sales. If it's TV or radio, you can tell by increased revenues from increased spots. But for a facebook ad or a google ad, unless this is the only form of marketing, how are you sure (unless again you can ask, did you hear from us by google or fb) its from one of these websites. My thinking was for a physical product when i made this comment."}
{"_id": "20584", "title": "", "text": "&gt;if they got paid for the household chores and family care they provide, it would add an additional $10 trillion to the global economy.  This wouldn't add anything to the global economy; the value is already there.  It would just artificially inflate gdp/gwp measures from them paying themselves instead of being a representation of value created through trade.  If I invoiced myself for my household chores, and then had my first bank ACH my other bank account for the invoice; I haven't created anything in value that's not already there."}
{"_id": "20593", "title": "", "text": "&gt;*The seasonally-adjusted price index for meats, poultry, fish, and eggs also hit an all-time high in July, according to BLS.*  &gt;*In January 1967, when the BLS started tracking this measure, the index for meats, poultry, fish, and eggs was 38.1. As of last July, it was 236.147. By this January, it hit 240.006. By June, it hit 253.318. And, in July, it climbed to a record 254.174.*  &gt;*\u201cThe food index rose 0.4 percent in July, its fifth increase at least that large in the last 6 months,\u201d states the BLS. \u201cThe index for meats, poultry, fish, and eggs has increased 7.6 percent over the [last 12 months] and the index for dairy and related products has risen 4.3 percent.\u201d*  Cross-post from /r/MAConservative"}
{"_id": "20606", "title": "", "text": "I am currently a non-voluntary member of four different retirement plans in two different countries. There are a few aspects to this (Caveat: this may be different for each country and change over time) I would consider the following strategy"}
{"_id": "20610", "title": "", "text": "Without knowing your credit situation or your full budget it's a little difficult, but i'd go with the snowball method for now: It may seem like not a big deal to have this kind of debt but you really should be looking at it as if your walking around with your hair on fire.  It's a HUGE emergency. Debt, especially looming CC debt with high rates, can make things worse (think water on grease fire) really quickly so the faster you get rid of it the better.  Good luck!"}
{"_id": "20612", "title": "", "text": "\"Most personal liability umbrella policy issuers will not sell you a policy unless you have the maximum possible coverage on the underlying policies.  Underlying policies include You have to have each one of the above that applies to you and have all their liability line items completely maxed out before you qualify for umbrella. Note: The above was my experience with State Farm in Illinois and also what was told to me by a \"\"high-priced\"\" personal liability lawyer, but may not apply to all states or all situations.\""}
{"_id": "20618", "title": "", "text": "Streaming ESPN does not have good revenue potential. I remember a report that they would need to charge $30+/month to replace the revenue cable subs provide. It might plug a hole, but ESPNs revenues are still the only thing that matters for Disney."}
{"_id": "20637", "title": "", "text": "\"This article has a section titled \"\"Do you need an umbrella policy to cover your personal liability risks?\"\" that says: If you have young children, for example, you might need a policy   because they have lots of friends. These little tikes might get into   some mischief and hurt themselves at your home. If so, you\u2019re at risk   of being sued. Do you have people over often? Do you drive like a maniac or a   Parisian? Do you have firearms on your premises? Do you have gardeners   and housekeepers on the grounds? All these are reasons why you might   want to own an umbrella policy. Although many people in the US are homeowners, parents, drivers, etc., not everyone falls into these categories. For some people, as low as the premiums for such a policy might be,  the expected cost outweighs the expected benefit. The cost of a lawsuit may be extremely high, but someone may feel that the chance of a lawsuit being filed against them is low enough to be safely ignored and not worth insuring against. I'm probably not a great example, but I'll use my own situation anyway. Even though a liability policy probably wouldn't cost me too much, I'm almost certain that I wouldn't derive any benefit from it. I live alone without children (or firearms, pet tigers, gardeners, etc.) in a 520 sq. ft. apartment, so the probability that something bad would happen to someone on the small bit of property that I rent and that they would file a sizable lawsuit against me is small enough that I choose to ignore it.\""}
{"_id": "20651", "title": "", "text": "\"So I see that you replied again despite \"\"I am done with you!\"\". Thanks. We will resolve this debate one day.  &gt; When you say something is \"\"maybe\"\" it is factual but when I say something is \"\"maybe\"\" it's fiction. I had assumed something else.  You really try very hard to not understand simple things... and it seems that you succeed in that.  Again: my \"\"maybe\"\" is about how Trump will reduce drug prices as he said and says he would. Your \"\"maybe\"\"(s) are about how Trump does not want and will not reduce drug prices despite him saying he would. So you have a \"\"maybe\"\" facts that Trump will not reduce drug prices, while I have a maybe on how he would do it.   Any additional questions, objections, or \"\"misunderstanding\"\" on your side in regards to this subject?   &gt; I did give you a \"\"possibility\"\" which is a \"\"maybe\"\" so that means I am wrong and global warming is no risk at all. Yes, what you say is starting to make sense.  If there are clear proofs that Global Warming (very slight rise in temperature) is or will cause \"\"instability\"\" or \"\"expenses\"\", then I can't argue back.  So all you can come up with are \"\"possibilities\"\" and more \"\"maybe\"\"(s) to tell us about \"\"instabilities\"\" and \"\"expenses\"\". And you think this will convince anyone, except members of the Church of Climatology?   For God sake, I even asks for specifics and you did not (and cannot) name any! Will we have wars? Will we have diseases and plagues? Will we have hunger?   Of course not! Wars will not start because it's slightly more hot. Disease will not spread because it's a bit more hot. Hunger will not occur because warmer weather and more rain is just even more food.  What on earth are you talking about? What are the terrible things that will happen if it's a bit hotter?   Are you going to be Al Gore, again, who in his An Inconvenient Truth truth movie in 2006 predicted there will be no more glaciers and other catastrophes? Well, An Inconvenient Truth the Sequel will come out and, sorry, we have glaciers and nothing(!) from the first movie became true. Nothing!!!! I loved how he said in the first movie \"\"Stronger storms will kill and destroy\"\". The last few years had less storms than ever.  &gt;&gt; How could a person like you, who seek truth, vote for democrats?  &gt; It can only be because I have serious mental health problems. There is no other explanation.  Yes, I believe you.  Blind belief in a religion (far left Liberalism and/or Climatology) make any person blind to truth, logic, facts and even moderate views.  &gt;&gt; ...you are trying to convince me that Russia knew he [Trump] would win [the GOP debate against 13 others] and colluded with him between July until the elections November to make him win?  &gt; That is totally it! I am so impressed that even though I never mentioned Russia at all you were able to see through my facade an pinpoint my actual goal in this discussion.  Yes, you did not mention \"\"Russians!\"\" but, you see? I easily figure out people like you.  You actually also believe that \"\"Russians!\"\" are responsible for Trump in addition to all the terrible things you believe about Trump.   But, the DNC and Hillary, oh no, they are fine (despite Hillary selling and getting commision for selling 20% of USA Uranium to Russia, making $500,000 for a speech to Russian bankers, etc).  **So, I will not stop and demand, if you can, to tell me about one ACTION by Trump you oppose to.**  **Also, tell me why I it would be better if voted Hillary/DNC? What would they do better for us that Trump does not do?**\""}
{"_id": "20662", "title": "", "text": "\"I hope I'm misunderstanding your plan... you want to invest in a way that will make SO MUCH that you pay back all of the loan payments with investment gains? Like the answer I gave on the preceding question, and like @littleadv's comment/mhoran's answers... don't do this. No good will come of it.  This strategy requires higher returns, but does not necessarily give you a better return.   But because you asked the question again, let me specify what you're missing... I do think that learning is a good thing. It boils down to two very significant problems that you haven't addressed:  (1) Where are you getting your monthly \"\"income\"\" from?  (2) Realistic vs. Daydreaming--How big do any gains have to be and does that exist in the real world in a way that you can capture?  In a nutshell, if my answer to the last question showed that it's crazy to invest and pay back out of your capital and income... since you're trying to keep your capital and only pay back with monthly gains, this one will require even higher and thus more unrealistic gains.  The model you're implying:  If that's what you mean with this model, (which I think you do), then here are my two very key questions again: How are you getting your monthly income? Financial investments (i.e. stocks or bonds) will have two components of value. One component of value is the stream of payments, such as a monthly dividend from stocks that pay those, or the interest payment from a bond. The other is the ability to resell a security to another investor, receiving back your capital.  So... you either have to find Bonds//Dividend stocks that pay >52% returns tax-free each year, and pay this loan off with the payments. (Or higher returns to cover taxes, but these kinds of investments do not exist for you.)  OR you can try to invest in something, pray that it goes up \u22654.323% per month and so that you can sell it, pay back your loan payment with the proceeds, and use the capital to buy your next investment... that will go up 4.323% per month, to turn and sell it again.  The pros that do model this type of speculation go into much more depth than you are capable of. They build models that incorporate probabilities for rates of return based on historical data. They have better information, and have specialized in calculating this all out. They even have access to better investment opportunities (like pre-IPO Twitter or private notes). You just won't find the opportunities to make this happen, each month, for 24 months. (Again, you won't find them. They do not exist for you in as an investor in securities) Realistic vs. Daydreaming So... clearly I hope that by now I have convinced you that these would be the required returns. They simply aren't available to you. If they were, you would still run into obstacles with converting 'book' returns into physical money that you could repay the loans with, and then continuing that growth.  And while I appreciate the notion that 'if I could just make the payments each month, I'd have $10,000 after 24 months!' I guarantee you that you'll be better off finding another way to target that same investment.  Along the lines of what mhoran said, if you aim for a basic 401K or other similar investment account and target it into the S&P500, you might see returns of anywhere from -25% to +25% over the next 24 months... but if things went like they tend to average for the S&P500, it's more like ~7% annually. Check out a \"\"savings target calculator\"\" like this one from Bankrate.com and put in the numbers... if you can save about $390 a month you'll be at $10K in 24 months. It's not as fun as the other, but you can actually expect to achieve that.  You will not find consistent >50% returns on your money annually.\""}
{"_id": "20670", "title": "", "text": "\"\u2022Have you had any problems with bills not being paid? NO \u2022If you had issues, were they addressed satisfactorily? Answer: A big issue that blindsided me:  With my bank, the funds come out of my account right away, but the actual payment is done through a third-party service. On my bank's online site it appears that the payment has been made, but that does not necessarily mean that the intended recipient has cashed it.  Looking online at my credit union's site is useless, because all I can tell is that the payment has been sent. The only way to verify payment is to contact the intended recipient.  Or I may telephone the online bill pay representative at my bank/credit union, who has access to the third party service. If I do nothing, after 90 days, the check is void, at which time the third party service notifies the bank/credit union and the funds will eventually end up back in my account.  I learned this today, after a third-party paper check to a health care provider was returned to me via mail by the recipient (because insurance had already paid and I did not owe them anything). The money was in the hands of the third-party service, not in my account, nor that of my credit union nor the recipient. At first my credit union told me that I would have to contact the third-party service myself and work it out. I said \"\"NO WAY\"\" and the credit union did get the money back into account the same day. This is a sweet deal for the third party, who has my money interest-free anywhere from a few days to three months. And risk-free as well, because the money goes directly from my account to the third party service.\""}
{"_id": "20675", "title": "", "text": "If the company went bankrupt, the issued public shares that were outstanding at the time most likely were voided, in which case your shares are most definitely gone.  The company might have done a new stock issuance coming out of bankruptcy with a different symbol, and while it could be substantially the same company, it doesn't mean much for you.  It's unfortunate this may be the case, but it is one of the risks of investing."}
{"_id": "20683", "title": "", "text": "\"Great question. There are two ways to increase the amount of money you have: It's difficult to decrease your expenses past a certain point, and your question is focused on the first aspect anyway. But it's worth noting that controlling spending is a significant part of accumulating wealth. You need to make more money, and there's no trick to it. Ask for a raise, sure, that can't hurt. But also think about what you need to do to get a higher-paying job. There's a lot to think about: Does you current job have growth potential? Are you doing everything you can do to maximize that potential? If you're just phoning it in and collecting your paycheck, that's not going to make you much more money. But if you're working hard, learning new skills, and have an opportunity to grow into more responsibilities and more money, that's a good start. In my experience, the biggest paycheck increases have come from looking for new opportunities and switching jobs. (BTW, I'm not suggesting quitting your job. You need to always have the new job locked up before quitting the old job!) The wealthiest people I know are self-employed, and they worked hard to build up their companies. Do you work in an industry where you can build your skills to a point where you can go out on your own? Does entrepreneurship interest you? Either way, focus on your job, skills, and maximizing your income potential. Be your own advocate. Make sure your boss knows what a good job you're doing. If you need to start looking for other options, take your time and start looking. The often-quoted line, \"\"the harder I work, the luckier I get\"\" is appropriate.\""}
{"_id": "20714", "title": "", "text": "Completely serious question, I've seen a lot of horror stories of people graduating with useless degrees and six digits of debt- I won't have debt, but I don't want to have a useless degree. Now, I'm not going to drop out or anything, but I want to know what my prospects are."}
{"_id": "20718", "title": "", "text": "Capitalism != The Stock Market.    The market is just part of the economy.  Paul Singer could try making money the old fashioned way - by building a widget factory and selling widgets, or offering some other compelling service that customers want.    Plenty of capitalism to go around."}
{"_id": "20735", "title": "", "text": "Data is the future, the more data you obtain, the more accurate your predictions. The more accurate your predictions, the more data you can obtain. Data is the fuel to business strategies and they have plenty of data they are currently organizing. There is a reason why they hire more top tier MBA students than any other company."}
{"_id": "20740", "title": "", "text": "I'm wearing shorts I bought online. Levi's. Amazon offers free returns so I bought two sizes and picked what fit me best. I don't buy them all online but I do things like jeans from a specific brand where I know the sizing well. A lot of places offer free returns now. Otherwise I might take a gamble on a shirt fitting, or check out what blank it's printed on to see if I know it already. Just bought a shirt yesterday that I knew was printed on an American apparel 50/50 blank so I knew what size I need as I have ten shirts printed on that blank already.   Still need to go into a store for a lot of things though"}
{"_id": "20751", "title": "", "text": "As generic as he was really what the hell else are you gonna say? I mean it'd help you stick out if you said something different but you could also come off as fake as shit if you do. We all know you're here for the money and that's why you work these stupid hours almost killing yourself."}
{"_id": "20772", "title": "", "text": "\"It's like yelp has and has marketing value for some businesses.  Business isn't one size fits all.  If a customer asks \"\"What's your BBB rating\"\" then it has merit.  You don't' want to insult the customer and have to educate them especially if they're older.  That being said, being part of a Chamber or Rotary has value for some select businesses too but not all.  Some people put weight in JD Power ratings.  Those are worthless too but guess what, it's still a great marketing badge so it has value.\""}
{"_id": "20776", "title": "", "text": "&gt;when he's already admitted that he has all the money he'll ever need  Sounds like he should sell or close the company.  &gt;and what he's doing now is fear mongering his own employees so that he doesn't have to pay slightly higher taxes  See I can already shoot down your explanation, because it's not just higher taxes, its increased business tax liability, increased business insurance liability. All of which deincentivize not incentivize.  If you started out making 80% of a billion dollar gross profit, then 70% , then 60%, then 50%, then 40% and with proposed changes to liability you're now looking at 30% of a billion. How long would you continue? The guy is 70+ years. He probably continues because it is his passion. But at what point is the stress and return on his time and input not worth it? That's the topic. Not greed. Is it greedy that whether he made 80% or even only 10% of a billion? You may say yes, but as a decision maker he must constantly weigh whether or not it is worth it.   &gt;He didn't get successful in a vacuum, he got successful in a system which helped fund his success because 42 years ago the people who were where he is today were taxed more so he could get where he is today. But his opinions aren't what I'm mad about, I'm mad because he is greedy and a bully and a liar and a hypocrite of almost incomprehensible proportions.   Obama said he didnt build it, but he'll damn well close or sell the company if he wants. Rhetoric is cute until thousands of employees are out of jobs because the owner didn't feel it was worth it to continue the business."}
{"_id": "20778", "title": "", "text": "Flash Boys was kind of full of shit, though. And it was basically an ad for another guy trying to make it with his exchange.  Canada is actually heating up from an algo/HFT perspective. Does that affect you at all? I'm seeing a lot more of this type of activity and the lack of dark pools creates for an interesting environment.  I always look forward to RBC's coverage on the topic, given the general lack of info."}
{"_id": "20790", "title": "", "text": "\"how do I decide which model to purchase so that I get maximum amount of utility considering how much money I would have to pay?\"\" You should have a fixed budget for buying a TV, based on a small portion of your available cash, and not spend more.\""}
{"_id": "20791", "title": "", "text": "There is no reason you must buy the bank's printed check. There are many places both physical stores and on line the offer check printing.  From what I've seen, the requirement is the use of a magnetic ink the bank's equipment can properly scan. I may not even be correct there if they've all gone fully optical. The checks you buy on line are a fraction of the cost the bank would charge you.  Edit - On searching, I find VistaPrint offers free checks. I've not ordered checks from them, but I suspect free orders require you pay shipping. I've used VistaPrint for business cards, promotional items, and holiday cards. I can say, I've been pleased with their quality.  Update - The free checks from VistaPrint are no longer available."}
{"_id": "20796", "title": "", "text": "\"I've had a mortgage changing hands with mid size companies for many years with no problems.  I've handled many complex financial and technical transactions with multiple parties with no problems over the course decades. Then, after my last refinance, my mortgage fell into the hands of JP Morgan Chase. The bank sent one letter to let me know of the transfer, and in the next week they sent my loan to collections for what I later found to be Chase's process error in the transfer.   For the next three months, I ended up in customer service hell as one Chase group threatened to foreclose on my house while another group told me to ignore the imminent foreclosure notices. One started to \"\"investigate\"\" the transfer while the collections group tried to make me pay my mortgage payment twice.  The mess only ended up being taken care of after I tracked down the old owner of my loan and had them refund the \"\"lost\"\" payment directly to me - normally they would have sent it to the company buying the loan, but could not get Chase to accept the payment. Then I paid Chase that exact same mortgage payment.    All the time the Chase internal investigations and collections department were completely incapable of a simple call to previous holder of the loan. A company handling millions of mortgage transactions is somehow incapable of handling a minor glitch in a mortgage transfer? It's either utter incompetence or total malice in picking up extra penalty fees or maybe an occasional forclosure if homeowners didn't say on top of the details. This is what we used our collective tax dollars to bail out.\""}
{"_id": "20797", "title": "", "text": "KIRO Studios provides photography services to suit your every need. Enjoy and preserve your next event with stunning Photography Ottawa that will last a lifetime. With KIRO Studios, you can be assured that you are getting the quality photography you seek and peace of mind you deserve."}
{"_id": "20799", "title": "", "text": "It isn\u2019t that the starving man doesn\u2019t have money, it is that he doesn\u2019t have access to eggs!  He is on the same indifference curve due to finances as the wealthy man.  What has made you assume a difference of financial ability, when I already said there were none?  Were he in an area of abundant resources, which you seem to assume in your counter-arguments, then he would be willing to pay for lower quality, for the lower prices those lower quality are offered at, because he need not mention his plight.  I\u2019m not that thinking the world as it should be.  I am thinking of human nature as we have observed, not financial nature.  Because humans create the financial systems.  The financial systems do not create human nature.  Financial systems DO influence human nature."}
{"_id": "20810", "title": "", "text": "\"I found an answer by Peter Selinger, in two articles, Tutorial on multiple currency accounting (June 2005, Jan 2011) and the accompanying Multiple currency accounting in GnuCash (June 2005, Feb 2007). Selinger embraces the currency neutrality I'm after. His method uses \"\"[a]n account that is denominated as a difference of multiple currencies... known as a currency trading account.\"\" Currency trading accounts show the gain or loss based on exchange rates at any moment.  Apparently GnuCash 2.3.9 added support for multi-currency accounting. I haven't tried this myself. This feature is not enabled by default, and must be turned on explicity. To do so, check \"\"Use Trading Accounts\"\" under File -> Properties -> Accounts. This must be done on a per-file basis. Thanks to Mike Alexander, who implemented this feature in 2007, and worked for over 3 years to convince the GnuCash developers to include it. Older versions of GnuCash, such as 1.8.11, apparently had a feature called \"\"Currency Trading Accounts\"\", but they behaved differently than Selinger's method.\""}
{"_id": "20814", "title": "", "text": "That stock appreciation came entirely from Alibaba's growth and had nothing to do with Mayer's moves.  Mayer spent billions on failed acquisitions of startups and never capitalized on any of them. Yahoo would have been better off shutting down the day she became CEO and becoming a holding company."}
{"_id": "20830", "title": "", "text": "Moody's came out with an analysis today saying the requirement could be slightly good for for-profit hospitals (Bad-debt charges will decline. The expansion of healthcare coverage under the law will lessen for-profit hospital operators\u2019 exposure to bad debts, which in turn will improve margins and cash flow. However, we expect that the growth rate of Medicare reimbursements will also slow down, offsetting the benefit of lower bad-debt expense and making the overall credit impact of the ruling neutral to slightly positive), negative for pharmaceutical cos. (Pharmaceutical companies will continue to pay for the full adoption of the Affordable Care Act in the form of higher rebates to the government for Medicaid drug costs, discounts to seniors covered under Medicare Part D drug plans and a new industry fee) and slightly negative for medical device firms (Beginning Jan. 1, 2013, US medical-device product sales will be subject to a 2.3% excise tax; the excise tax will be tax-deductible, resulting in an estimated effective tax rate of 1.5% on US device revenues)."}
{"_id": "20844", "title": "", "text": "In all honesty, the best solution I've come across is Microsoft's now defunct Money."}
{"_id": "20863", "title": "", "text": "What keshlam said is correct. In bookkeeping terms, what you are doing is transferring value from some kind of cash account (which may in turn be backed by a loan) to an asset. Effectively, you are exchanging one asset for another. That asset you are exchanging to is the land that you are buying, which has some value, and which should end up on the asset side of your balance sheet. Unfortunately, particularly with fixed assets where no two ones are alike, such as land, it's often very hard to know the exact value unless and until you sell it. An appraiser can get you an estimate, but only sealing a deal with an actual buyer can get you an exact value, and at that point, the asset is no longer yours."}
{"_id": "20875", "title": "", "text": "The real problem is people have a problem with people who try to improve themselves, eat healthy and object to obvious bullshit shill science that says holding a microwave emitter up to your skull is perfectly safe.   Yet somehow Apple recommends that you [don't hold their phone up to your head anyway.](http://www.idownloadblog.com/2011/03/07/dont-hold-your-iphone-too-close-to-your-head-apple-says-so/)"}
{"_id": "20880", "title": "", "text": "&gt;Falls Church VA   Falls Church is an independent city. It has no county to levy taxes.  The FY2017 budget shows a 1% city and 4% restaurant tax. Then you've got 4.3% VA state tax, and 0.7% Northern Virginia regional tax.  Totaling 10%."}
{"_id": "20882", "title": "", "text": "You are giving poor and uneducated people a lot more agency than they really have.    Our system could do a better job of supporting and educating disadvantaged communities, but such communities are much easier to exploit when they are poor and ignorant so that is how they remain.    Also teen pregnancy are at historical lows right now so to the degree the specific problem you highlight is a factor it should be less of a factor than at any point in the past few decades.      Source: http://www.newsmax.com/Health/Health-News/teen-pregnancy-rates-down/2017/06/22/id/797590/"}
{"_id": "20888", "title": "", "text": "If you're waiting for Apple to send you a 1099 for the 2008 tax season, well, you shouldn't be. App Store payments are not reported to the IRS and you will not be receiving a 1099 in the mail from anyone. App Store payments are treated as sales commissions rather than royalties, according to the iTunes Royalty department of Apple. You are responsible for reporting your earnings and filing your own payments for any sums you have earned from App Store.   \u2013 https://arstechnica.com/apple/2009/01/app-store-lessons-taxes-and-app-store-earnings The closest thing to sales commissions in WA state seems to be Service and Other Activities described at  http://dor.wa.gov/content/FileAndPayTaxes/BeforeIFile/Def_TxClassBandO.aspx#0004. When you dig a little deeper into the tax code, WAC 458-20-224 (Service and other business activities) includes: (4) Persons engaged in any business activity, other than or in addition to those for which a specific rate is provided in chapter 82.04 RCW, are taxable under the service and other business activities classification upon gross income from such business.   - http://apps.leg.wa.gov/wac/default.aspx?cite=458-20-224 I am not a lawyer or accountant, so caveat emptor."}
{"_id": "20912", "title": "", "text": "This seems very suspicious, as if it were fraud, and not a legitimate collector.  Garnishing wages takes a court order. A court would require a bit more proof than a name. Names can easily be common, I know sets of first cousins named after the common grandparent, 4 pairs in my extended family, along with 2 triples. The court would certainly look for a social security number match. Your own credit history will show no activity in that state.  A legitimate debt collector would handle this very differently."}
{"_id": "20929", "title": "", "text": "I wrote a simple monopoly simulation a few years back. The simulation handicapped one player for a set number of turns and then released the handicap eventually. Long story short, the initially handicapped player almost never recovered except when I handocapped the other players, bonussed the initially handicapped player and they had lucky turns. I ran this simulation tens of thousands of times.  The reality is that there is a strong deterministic element to social and economic structures from generation to generation which require exceptional policy interventions or extraordinary players/people to overcome."}
{"_id": "20943", "title": "", "text": "What is not permitted in Islam is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. Originally, usury meant interest of any kind. A loan may be considered usurious because of excessive or abusive interest rates or other factors. But In case of financial markets, people borrow money to make money and both parties benefits, and no one is taking advantage of the other. I may be wrong in interpreting this way, God knows the best."}
{"_id": "20952", "title": "", "text": "\"Usually it makes sense to invest in individual companies when you're investing in a \"\"hot\"\" sector. Secular funds have their own risks that can be difficult to measure. First Solar is one of the premier PV players. The fund gives you a false sense of diversification. If you bought a mutual fund in 2000 in the computer space, you'd have pieces of HP, Dell, Apple, IBM, EMC, Cisco, Intel etc. Did the sector perform the same as the companies in it? Nooo. As for renewable energy, IMO that ship has sailed for the \"\"pure play\"\" renewable stocks. I'd look at undervalued companies with exposure to renewables that haven't been hyped up. (or included in a sector mutual fund) Examples for this area?  The problem with this sector is that the industry is dependent on government subsidies, and the state of government budgets make that a risky play. Proceed with caution!\""}
{"_id": "20958", "title": "", "text": "Yes, but should you be even trying to get a mortgage if you can't aford at least a 5% deposit? Prove you do want the house by doing without a new car for a few years..."}
{"_id": "20972", "title": "", "text": "Geloman Indian Spares provide the best Indian motocycle spare parts and its redesign service in the United States. We have also an online store, Where you can take all Indian Motocycle spares parts online.The online system is very simple, which convenient and helps you to save you a lot of time. Our web stores have outstanding purchasing and distribution spare parts services and this can be a plus aspect if you have a motocycle."}
{"_id": "20987", "title": "", "text": "1) The easy way is to find a job and they will assign you an SSN.  2) Here's the hard way.  If you're Canadian, open a TD Boarderless account in the U.S.  Put a small investment into any investment that would generate some type of income, such as capital gain, dividends, interest and etc...  Then you will need to file a US tax return to declare your income if you receive U.S. tax slips (although you're likely below the min filing requirement) at year end.  To file a U.S. tax return, you may  need what's called an ITIN or individual tax id number.  With the ITIN, you can get credit from the US TD boarderless account (only).  Consider getting a prepaid US credit card with the TD account to futher build credit at that specific bank.  It's not much credit, but you do start with creating a history."}
{"_id": "20988", "title": "", "text": "I'll point out that you don't actually have to pay your income taxes on time, just make sure to file on time.  You will be charged interest (currently 5% ann., compounded daily).  This is no big deal, I know plenty of people who do this. Note that if they pay you interest you have to report it on your taxes, but if you pay them it's not deductible."}
{"_id": "20994", "title": "", "text": "\"This functionality is widely available, not only on brokerage sites, but also financial management and even financial information sites.  For instance, two of the latter are Google Finance and Yahoo Finance.  If you are logged in, they let you create \"\"portfolios\"\" listing your stocks and, optionally, the size of your holdings in that stock (which you don't need if you are just \"\"watching\"\" a stock).  Then you can visit the site at any time and see the current valuations.\""}
{"_id": "21019", "title": "", "text": "[Image](https://imgs.xkcd.com/comics/physicists.png)  [Mobile](https://m.xkcd.com/793/)  **Title:** Physicists  **Title-text:** If you need some help with the math, let me know, but that should be enough to get you started\\! Huh? No, I don't need to read your thesis, I can imagine roughly what it says\\.  [Comic Explanation](https://www.explainxkcd.com/wiki/index.php/793#Explanation)  **Stats:** This comic has been referenced 236 times, representing 0.1464% of referenced xkcds.  --- ^[xkcd.com](https://www.xkcd.com) ^| ^[xkcd\u00a0sub](https://www.reddit.com/r/xkcd/) ^| ^[Problems/Bugs?](https://www.reddit.com/r/xkcd_transcriber/) ^| ^[Statistics](http://xkcdref.info/statistics/) ^| ^[Stop\u00a0Replying](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=ignore%20me&amp;message=ignore%20me) ^| ^[Delete](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=delete&amp;message=delete%20t1_dja0gkv)"}
{"_id": "21023", "title": "", "text": "Nope, think what a nightmare that would be, a bunch of shares would be issued and then sold to tonnes of people, who might sell various partial numbers of them to others, who might buy them and others from 20 others all as part of one order though multiple fills... It would be nuts, and if one were to issue a certificate with the IDs of shares that were carried through such a process the likelihood is the fragmentation would be so great that 100K shares would have consist of almost as many fragments! Imagine a share certificate with 70K IDs/ranges? Yikes!"}
{"_id": "21032", "title": "", "text": "\"As a former regional airline pilot, I don't know of any commerical airliners that takeoff automatically.  Although, it's something that I'm sure could be implemented pretty easily.  However, autoland is a feature used very frequently on many commercial aircraft.  As the top-voted comment said, \"\"not in your lifetime.\"\"\""}
{"_id": "21055", "title": "", "text": "\"&gt; We've been deficit spending for generations and we're trillions in the hole, and that's the psychological issue hanging over our heads.  Let's unpack that a bit. What does \"\"trillions in the hole\"\" actually mean for the *issuer* of the dollar? It means that the issuer at various points has to redeem its own interest-bearing dollars (treasuries) for its own non-interest bearing dollars (reserves/notes/coins). That's not a hole. That's moving a balance from the savings account to the checking account at the same bank.  You don't think of your savings account balance as the bank being \"\"in the hole\"\" for checking account balances. You implicitly understand that the bank simply marks down the number in one account and marks up the number in the other and you don't fret that the bank might \"\"run out\"\" of checking account balances.  Treasuries have this same relationship to reserves. Not similar, not analogous to but the same. Treasury securities are literally interest-bearing accounts at the federal reserve. Reserves are literally demand accounts at the federal reserve. When a treasury matures, a treasury securities account is marked down, a reserve account is marked up. When a treasury is issued, a treasury securities account is marked up and a reserve account is marked down.  What you're thinking of as trillions \"\"in the hole\"\" is just trillions in a savings account balance.  That's what it means to have \"\"debt\"\" in a currency that you are the *issuer* of and why foreign-denominated debt is fundamentally different.  &gt;so we can design a system that will keep inflation low while we dump money into the economy  We already have that. There's no inflation monster under the bed. If there's an inflation problem it's that we're so paranoid about it we're not putting *enough* money into the economy and so inflicting unnecessary misery on ourselves.  &gt; the issue in my mind with dumping money while the debt situation is such a concern, is that speculators could sh*t the bed and devalue our currency  There's nothing a speculator can do vs a sovereign currency that the issuing central bank can't offset. So if you are a sovereign and the issuing central bank is within and beneath your authority, you have the last word and there's no such thing as bond vigilantes.  In contrast, if you take on sovereign obligations denominated in currencies where the issuing central bank sits outside your authority as is the case when you borrow/peg to foreign currency or enter a monetary union like the euro, you become just another currency user. Here, your government actually is kinda like a household and can go broke *in that foreign currency*.  Consider how that perspective sheds light on the \"\"mystery\"\" of why some countries actually experience a debt crisis and others don't. Why contrary to all the scaremongering, someplace like Japan for example can have 200% debt:GDP *and* near zero interest rates *and* no sovereign debt crisis. It's because Japan issues the yen, *sets* the interest rate on the yen and can't run out of yen.  People who don't understand this are what gave the [widowmaker](http://www.businessinsider.com/hedge-funds-feeling-confident-about-the-widowmaker-trade-in-japan-2012-12) its name. :) Time after time they line up to place bets on japanese government bond crisis, they're always wrong and always will be.\""}
{"_id": "21070", "title": "", "text": "\"For starters, the risk-free rate has nothing to do with stocks.  It would be independent of anything.  It pays out the same return in all states of nature.  The definition of a risk-free asset is that regardless of how the universe turns out, including a meteor striking the Earth killing everyone but the recipient, then the payout would happen exactly as planned.  One could imagine a computer still being on, connected to a power supply and printing a check.  Most people use the 90-day t-bill as the risk-free rate.  A beta greater than one implies it is more volatile than the market, not that it moves more perfectly. The CAPM should not be used for this.  Cryptocurrencies should not be used with this model because they have valuation dynamics related to the new issue of coins.  In other words, they have non-market price movements as well as market price movements. In general, you should not use the CAPM because it doesn't work empirically.  It is famous, but it is also wrong.  A scientific hypothesis that is not supported by the data is a bad idea.  My strong recommendation is that you read \"\"The Intelligent Investor,\"\" by Benjamin Graham.  It was last published in 1972, and it is still being printed.  I believe Warren Buffett wrote the current forward for it.  Always go where the data supports you and never anywhere else, no matter how elegant. Finally, unless you are doing this like a trip to Vegas, for fun and willing to take the losses, I would avoid cryptocurrencies because you don't know what you are doing yet.  It is obvious from the posting.  I have multiple decades working in every type of financial institution and at every level, bottom to top.  I also have a doctorate, and I am an incredible researcher.  I am professionally qualified in three different disciplines. If you want to learn how to do this, start with the \"\"Intelligent Investor.\"\"  Get a basic book on accounting and learn basic accounting.  Pick up economics textbooks at least through \"\"Intermediate\"\" for both microeconomics and macroeconomics.  Get William Bolstad's book \"\"Introduction to Bayesian Statistics.\"\"  You will need them for reasons that go very far beyond this post.  Trust me; you want to master that book.  Find a statistician and ask them to teach it to you as a special topics course.  It will help you as both either a Marine officer or a Naval officer.  Then after that pick up a copy of \"\"Security Analysis.\"\"  Either the 1943 copy (yes it is in print) by Benjamin Graham if you feel good about accounting, or the 1987 copy by Cottle under the Graham/Dodd imprimatur.  Then, if you are still interested in cryptocurrencies and they will be blas\u00e9 by then, then pick up an economics textbook on money.  If I were you, I would learn about Yap money, commodity money, and prison money first, then you might understand why a cryptocurrency may not be an investment for you.\""}
{"_id": "21103", "title": "", "text": "\"Instead of using the actual index, use a mutual fund as a proxy for the index. Mutual funds will include dividend income, and usually report data on the value of a \"\"hypothetical $10,000 investment\"\" over the life of the fund. If you take those dollar values and normalize them, you should get what you want. There are so many different factors that feed into general trends that it will be difficult to draw conclusions from this sort of data. Things like news flow, earnings reporting periods, business cycles, geopolitical activity, etc all affect the various sectors of the economy differently.\""}
{"_id": "21111", "title": "", "text": "Most readers probably know that an acronym is an invented word made up   of the initial letters or syllables of other words, like NASA or NATO.   Fewer probably know that an initialism is a type of acronym that   cannot be pronounced as a word, but must be read letter-by-letter,   like FBI or UCLA. A quote from Daily Writing Tips. CAGR is an initialism, and should not be pronounced."}
{"_id": "21125", "title": "", "text": "The new generation is all busy in themselves and their work making it really hard for them to communicate with their family members or friends. The divorce rate is today\u2019s generation is quite high and one of the major reasons of the same is two people not giving time to each other."}
{"_id": "21130", "title": "", "text": "I'm having a difficult time understanding how Chevron is avoiding taxes through party related loans. From my understanding, Chevron is providing loans to its Australian subsidiary at interest rates higher than market benchmarks. Does this shift profits from Australia to the U.S. and how does it help Chevron avoid taxes even though the corporate tax rate is higher in the U.S. than in Australia? Wouln't they want to be taxed at the the lower tax rate in Australia than in the U.S.? The more description the better, thanks! Edit: I think I understand that Chevron is giving out large loans with high interest rates to its subsidiary in Australia and I think the Australian subsidiary is converting its revenues to pay back the loan thus looking like profit in the corporation's books in Delaware. How is the money to pay back interest being raised if not from revenue? And how is that revenue not being taxed?"}
{"_id": "21132", "title": "", "text": "\"**Planned obsolescence**  Planned obsolescence, or built-in obsolescence, in industrial design and economics is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete (that is, unfashionable or no longer functional) after a certain period of time. The rationale behind the strategy is to generate long-term sales volume by reducing the time between repeat purchases (referred to as \"\"shortening the replacement cycle\"\").  Producers that pursue this strategy believe that the additional sales revenue it creates more than offsets the additional costs of research and development and opportunity costs of existing product line cannibalization. In a competitive industry, this is a risky strategy because when consumers catch on to this, they may decide to buy from competitors instead.  ***  **Artificial demand**  Artificial demand constitutes demand for something that, in the absence of exposure to the vehicle of creating demand, would not exist. It has controversial applications in microeconomics (pump and dump strategy) and advertising.  A demand is usually seen as artificial when it increases consumer utility very inefficiently; for example, a physician prescribing unnecessary surgeries would create artificial demand. Government spending with the primary purpose of providing jobs (rather than deliverying any other end product) has been labelled \"\"artificial demand\"\".  ***  **Artificial scarcity**  Artificial scarcity describes the scarcity of items even though either the technology and production, or sharing capacity exists to create a theoretically limitless abundance, as well as the use of laws to create scarcity where otherwise there wouldn't be. The most common causes are monopoly pricing structures, such as those enabled by laws that restrict competition or by high fixed costs in a particular marketplace. The inefficiency associated with artificial scarcity is formally known as a deadweight loss.  ***  **Perverse incentive**  A perverse incentive is an incentive that has an unintended and undesirable result which is contrary to the interests of the incentive makers. Perverse incentives are a type of negative unintended consequence or cobra effect.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "21136", "title": "", "text": "You would need to pay taxes in India on your salary. It is not relevant whether the funds are received as INR or GBP. The taxes would be as per normal tax brackets. Note that if your company is not deducting any taxes, you would need to keep paying Advance Taxes as per schedule, else there would be penalty. Depending on your contract with the UK Company, there are certain expenses you can claim. For example laptop / net connection / etc if these are not already reimbursed. Consult a CA and he would advise you more on any tax saving opportunity."}
{"_id": "21163", "title": "", "text": "Genius?  Maybe if you have never traveled the [world](https://www.google.com/search?q=japanese+sink+over+toilet&amp;client=opera&amp;hs=EyV&amp;source=lnms&amp;tbm=isch&amp;sa=X&amp;ved=0ahUKEwjI_PjghI_XAhXK-lQKHdmTCkgQ_AUICygC&amp;biw=1920&amp;bih=981).  This concept has been around forever.  While this is innovative in (slow traffic) homes, this doesn't work well on a urinal or in high traffic areas because now you have to provide soap per urinal and double the time at each urinal."}
{"_id": "21167", "title": "", "text": "You typically need to specify that you want the GTC order to be working during the Extended hours session. I trade on TD Ameritrade's Thinkorswim platform, and you can select DAY, GTC, EXT or GTC_EXT. So in your case, you would select GTC_EXT."}
{"_id": "21174", "title": "", "text": "Dude- my background is in banking specifically dealing with these scenarios. Take my advice-look for a balance transfer offer-credit card at 0%. Your cost of capital is your good credit, this is your leverage. Why pay 4.74% when you can pay 0%. Find a credit card company with a balance transfer option for 0%. Pay no interest, and own the car outright. Places to start; check the mail, or check your bank, or check local credit unions. Some credit unions are very relaxed for membership, and ask if they have zero percent balance transfers. Good Luck!"}
{"_id": "21189", "title": "", "text": "\"I'll skip the \"\"authorizing....\"\" and go right to uses of new shares: Companies need stock as another liquid asset for a variety of purposes, and if not enough stock is available, then may be forced to the open market to acquire, either by exchanging cash or taking on debt to get the cash.\""}
{"_id": "21190", "title": "", "text": "\"Great post - awesome pictures, and I'd love to see some more photos from the markets near you.  Not too sure about the implication that \"\"you can make money if you know what you are doing with these counterfeit products...\"\"\""}
{"_id": "21194", "title": "", "text": "Lots of places in the US do it.  Although the way that they usually phrase it is 'prices reflect a x.x% discount for cash' since most of the credit card companies have an agreement that says you cannot charge a surcharge if someone is using a credit card.  So they get around it by giving a discount for cash.   effect is the same, but it skirts the letter of the agreement"}
{"_id": "21209", "title": "", "text": "Fulfillment Services San Jose - We strive for accuracy, quality and quick turnaround time on all mail projects. With the ever changing Postal regulations, California Mailing is here to help you with your direct mail campaigns and insure that you receive all postage discounts available."}
{"_id": "21219", "title": "", "text": "The Canadian bid is really good, I read parts of it.  It lays out why Canada is fundamentally better by having all the right things covered.  Basically the other areas are having to use tax breaks and incentives to make up for fundamentally bad business environments.  It opens with a letter from Justin Trudeau with \u201cDear Jeff\u201d."}
{"_id": "21223", "title": "", "text": "You generally need to use the prepaid debit card in the form it is received. Many don't allow you to remove the money from them at an ATM. If you can find out the prepaid debit card brand ahead of time, this would tell you whether or not it can be used at an ATM. For example, MoneyPass does allow ATM access for its prepaid debit cards. You could always try asking your employer to choose one that specifically allows for ATM access.  Source: https://www.nerdwallet.com/blog/banking/prepaid-debit-cards-what-you-should-know/"}
{"_id": "21225", "title": "", "text": "\"Real estate is not a good investment.  In fact, it's easy to make a case for it being the worst possible investment imaginable: Imagine over a cup or coffee or a glass of wine we get to talking   about investments. Then maybe one of us, let\u2019s say you, says: \u201cHey I\u2019ve got an idea. We\u2019re always talking about good investments.   What if we came up with the worst possible investment we can   construct? What might that look like?\u201d Well, let\u2019s see now (pulling out our lined yellow pad), let\u2019s make a   list. To be really terrible: -- Why Your House Is A Terrible Investment There are plenty of good reasons to own a home, but the key word there is \"\"home\"\".  Owning housing as an investment property is a horrible idea, and anyone who does it, especially right now with as bubbly as the market is looking again, (or, better put, still, since the last bubble never did fully pop and clear out the underlying systemic instability,) is an idiot. And even after the current housing market bubble pops, it's likely to remain a bad idea for decades.  We're never getting the early 2000s back, for basic supply-and-demand reasons: with the Baby Boom generation retiring, aging and dying off, they're not likely to do much more home-buying, and no generation after them is as big as they are, which means a glut of oversupply and weak demand for the entirety of the foreseeable future.\""}
{"_id": "21228", "title": "", "text": "\"It's people like her that get upset that the Levi jeans in her hands are not marked down by the Lee jeans coupon and then gets into an argument with the cashier who eventually gets a manager involved to get an override because the \"\"customer's always right\"\". All while the other customers are waiting in line looking to the next closed register for a way out.  \"\"$300 for $30!\"\"\""}
{"_id": "21234", "title": "", "text": "\"As a former computer engineer turned Finance guy, I'll attest that Matlab (or even R) are immensely better analytic tools than Excel/VBA. Excel and VBA are \"\"good enough\"\" if all you're going to do is cookie-cutter DCF analysis (...lame), but if you want to do any advanced monte carlo simulations or something that requires more than a few dozen iterations, you're going to need a sturdy mathematical programming language. Excel is nothing but a kiddie toy compared to those. Additionally, everyone and their dog knows Excel and VBA, adding Matlab or R to your resume definitely boosts your appeal to employers.  I prefer Matlab, but R is free and open-source so it's much more widely available. They both have similar syntax.\""}
{"_id": "21284", "title": "", "text": "For reporting to the IRS, every bank account has a primary tax ID number associated with it. When there are multiple joint owners, they  (the owners) usually pick a person at random to be the primary, unless there is a large amount of interest involved, in which case I would suggest consulting a tax attorney. As for the online banking, it depends on your institution's software. My institution allows every individual to have a separate ID; if this is important to you (and it would be to me), then look for another bank that offers it."}
{"_id": "21288", "title": "", "text": "A gift between spouses has no tax implications.  If one spouse dies the inheritance tax is always zero no matter how much of the estate passes to the surviving spouse. Gift taxes are actually related to estate taxes, so a gift no matter how large never requires filing any tax forms or paying any taxes."}
{"_id": "21306", "title": "", "text": "According to your post, you bought seven shares of VBR at $119.28 each on August 23rd.  You paid \u20ac711,35.  Now, on August 25th, VBR is worth $120.83.  So you have  But you want to know what you have in EUR, not USD.  So if I ask Google how much $845.81 is in EUR, it says \u20ac708,89.  That's even lower than what you're seeing.   It looks like USD has fallen in value relative to EUR.  So while the stock price has increased in dollar terms, it has fallen in euro terms.  As a result, the value that you would get in euros if you sold the stock has fallen from the price that you paid.   Another way of thinking about this is that your price per share was \u20ac101,72 and is now \u20ac101,33.  That's actually a small drop.   When you buy and sell in a different currency that you don't actually want, you add the currency risk to your normal risk.  Maybe that's what you want to do.  Or maybe you would be better off sticking to euro-denominated investments.   Usually you'd do dollar-denominated investments if some of your spending was in dollars.  Then if the dollar goes up relative to the euro, your investment goes up with it.  So you can cash out and make your purchases in dollars without adding extra money.   If you make all your purchases in euros, I would normally recommend that you stick to euro-denominated investments.  The underlying asset might be in the US, but your fund could still be in Europe and list in euros.   That's not to say that you can't buy dollar-denominated investments with euros.  Clearly you can.  It's just that it adds currency risk to the other risks of the investment.  Unless you deliberately want to bet that USD will rise relative to EUR, you might not want to do that.   Note that USD may rise over the weekend and put you back in the black.  For that matter, even if USD continues to fall relative to the EUR, the security might rise more than that.  I have no opinion on the value of VBR.  I don't actually know what that is, as it doesn't matter for the points I was making.  I'm not saying to sell it immediately.  I'm saying that you might prefer euro-denominated investments when you buy in the future.  Again, unless you are taking this particular risk deliberately."}
{"_id": "21311", "title": "", "text": "\"403b plans are used by school districts, colleges and universities, nonprofit hospitals, charitable foundations and the like for their employees while 401k plans are used by most everybody else. I would suspect that a school district etc can use a 401k plan instead of a 403b plan if it chooses to do so, but the reverse direction is most likely forbidden: a (for-profit) company cannot use a 403b plan. One difference between a 403b plan and a 401k plan is that the employer can choose to offer, and the employee can choose to purchase, stock in the company inside the 401k plan. This option obviously is not available to charities etc. which don't issue stock. Your comment that the 403b plan invests solely in (variable) annuities suggests that the plan administrator is an insurance company  and that the employer is moving to more \"\"modern\"\" version that allows investments in mutual funds and the like. Forty years ago, my 403b plan was like that; the only investment choice was an annuity, but some time in the 1980s, the investment choices were broadened to include mutual funds (possibly because the 1986 Tax Reform Act changed the rules governing 403b plans).  So, are you sure that your employer is changing from a 403b plan to a 401k plan, or is it just a change of 403b plan administrator from the insurance company to another administrator who offers investment choices other than an annuity? Note, of course, that insurance companies have changed their options too. For example, TIAA (the Teachers' Insurance and Annuity Association) which was the 403b plan administrator for many schools and colleges became TIAA/CREF (College Retirement Equities Fund) where the CREF mutual funds actually were pretty good investments.\""}
{"_id": "21313", "title": "", "text": "An oxymoron is something that contradicts itself. Inside trading is sharing information that isn't public. How the fuck do you think these hedge funds and investment banks can offer almost 50% returns during these times in our economy??? Oh yea it's called inside trading. Reason why it's an oxymoron is because trading information is considered ilegal yet that what everyone does on the market, rules are made to give off fear but past that it's all open roads and deep pockets.    And if you really don't believe that stock market isn't rigged then there is no reason for me to explain myself on that because it would be like taking to a wall. And I thank you for being one of those people that thinks it's not rigged because you help my portfolio look good from your dumb investments."}
{"_id": "21314", "title": "", "text": "\"This sound like a very bad idea. If you invest exclusively in silver, your investment is not diversified in any way. This is what I would call risky. Have a look at index funds and ETFs and build a diversified portfolio. It does not take much time, and you don't need to let it do by someone else. They are risky too, but I see \"\"silver only\"\" as much riskier. You reduce the risk by holding on to the funds for a long time.\""}
{"_id": "21319", "title": "", "text": "I don't like paying the percentage on the supermarket coin counters, and don't feel like buying a coin counter so I have my own solution. I keep higher value coins for vending machines, parking meters etc, and lower value coins I put in charity boxes."}
{"_id": "21325", "title": "", "text": "A couple of thoughts from someone who's kind of been there... Is the business viable at all? A lot of people do miss the jumping-off point where the should stop throwing good money after bad and just pull the plug on the business. If the business is not that viable, then selling it might not be an option. If the business is still viable (and I'd get advice from a good accountant on this) then I'd be tempted to try and pull through to until I'd get a good offer for the business. Don't just try to sell it for any price because times are bad if it's self-sustaining and hopefully makes a little profit. I does sound like their business is on the up again and if that's a trend and not a fluke, IMHO pouring more energy into (not money) would be the way to go. Don't make the mistake of buying high and selling low, so to speak. I'm also a little confused re their house - do they own it or do they still owe money on it? If they owe money on it, how are they making their payments? If they close the business, do they have enough income to make the payments still? Before they find another job, even if it's just a part-time job? As to paying off their debts or at least helping with paying them off, I'd only do that if I was in a financial position to gift them the money; anything else is going to wreak havoc with the family dynamics (including co-signing debt for them) and everybody will wish they didn't go there. Ask me how I know. Re debt consolidation, I don't think it's going to do much for them, apart from costing them more money for something they could do themselves. Bankruptcy - well, are they bankrupt or are they looking for the get-out-of-debt-free card? Sorry to be so blunt, but if they're so deep in the hole that they truly have no chance whatsoever to pay off their debt ever, then they're bankrupt. From what you're saying they're able to make the minimum payments they're not really what I'd consider bankrupt... Are your parents on a budget? As duffbeer703 said, depending on how much money the business is making they should be able to pay off the debt within a reasonable amount of time (which again doesn't make them bankrupt)."}
{"_id": "21338", "title": "", "text": "My understanding it that the signature requirement is at the retailer's discretion. If the merchant decides to require a signature it protects them against fraudulent charge-back claims, but increases their administrative costs. In some situations it just isn't practical for a retailer to require a signature. Consider for example mail-order or online purchases, which I've never had to sign a credit card slip for."}
{"_id": "21342", "title": "", "text": "I'm curious what the number is when you factor in the stress and lost time doing things you would enjoy rather than laundry, cleaning and driving around. Considering the environmental and political status of the world, I see no reason to have children other than selfish ones."}
{"_id": "21343", "title": "", "text": "&gt;This problem could be fixed by having fewer MBAs leading companies, and more engineers and scientists.  This is funny. There's only 1 MBA on that list, but he also attended the School of Engineering at Duke University"}
{"_id": "21344", "title": "", "text": "Businesses have since quite a while ago utilized some type of a conventional chain of importance structure to work. This framework includes representatives answering to director's Business Business administrations who at that point have their own particular managers et cetera. Most representatives are acclimated to this structure. Given the quick pace and aggressive nature of the business world, organizations are exceedingly intrigued by advancements that will separate them."}
{"_id": "21356", "title": "", "text": "I went to lunch at one a few years ago and it ended up being around $15 with tax and tip.  Lunch was mostly bread products.  Stuff I could have cooked at home for under $2.  Total ripoff.  Also, local mom and pop restaurants have $6-$8 lunch specials.  The food is ten times better and you can get out for $5 less.   There's a good reason why the BWW parking lot is usually empty."}
{"_id": "21376", "title": "", "text": "But what about the following scenario which is my paraphrasing of a Nanex article (I'm hoping you can help clarify this for me).  1. I observe a 1,000 lot @$10 advertised for Sell on a lit exchange.  2. I try to lift the 1,000 by placing a limit order @10.  3. My order goes through some kind of order routing process. First, 3 orders get executed on a dark pool. Let's say I got a 50 lot filled (so available offer reduces to 950).  4. My order hits a lit exchange. I get a partial fill for 100 (offer shrinks to 850); but the offered size shrinks instead to 500. Or 0.  5. Now, in order to execute my trade, I will have to take a higher price than the original advertised liquidity.  My question (maybe you can answer this) is why did my original order size of 1,000 appear in smaller blocks? Is this because the order routing algorithm breaks up the size?  Or is it that market makers only post offers in small block sizes (e.g. 100) So even if the order book looked like:  100 @ 10  100 @ 10  100 @ 10  100 @ 10  100 @ 10  100 @ 10  All the way to 1,000 total -- as soon as the first 100 shares were lifted, the MM can immediately cancel the remainder of the advertised liquidity -- in practical terms making it impossible to execute large orders at an advertised price."}
{"_id": "21377", "title": "", "text": "And the card companies not only don't seem to care, they actively try to prevent public knowledge of the issue. I think Mythbusters was going to do a show about it, and on of the companies told Discovery they'd pull their large ad campaign if the show was aired."}
{"_id": "21385", "title": "", "text": "When Eddie Lampert took over, he boasted that people didn't care about crap like that if it meant lower prices. They spend something like 1/4 or 1/8 on store maintenance as everyone else does. So now only does that show, they still can't beat walmarts pricing."}
{"_id": "21404", "title": "", "text": "CD laddering is funding a few CDs in succession. For instance: for 6 months, each month you open up a 6 month CD (rather than  opening up one big one). Doing this will give you monthly interest payments as each month a CD will reach maturity (after 6 months). At that time you can choose to roll over the principal in a new CD and keep the interest, reinvest all, etc etc etc. You still get the benefits (higher rates) that CDs offer, but with greater flexibility and more frequent interest payouts. The only downside that I'm aware off is that you may end up with a slightly lower overall interest rate."}
{"_id": "21405", "title": "", "text": "If only SOMEONE would make a decent android with a blackberry-style keyboard, RIM could die a more honorable and fast death.  I'm still using an old BB and the only reason I'm holding off on buying the Blackberry Bold 9930 (the one with the half-height touchscreen) is because I'm afraid the company is about to go out of business.  The Blackberry Bold 9930 is what they should have released years ago instead of their parade of dumbassery that was the Storm, the Torch, the Playbook, and now a new BBOS 10 phone WITH NO FUCKING KEYBOARD!!!  Are they insane!?"}
{"_id": "21416", "title": "", "text": "The simplest way to handle this would be to buy money orders, make them out to the charities, and leave your name off them.  Money orders don't require you to put your name on them, just the name of whoever they're being paid to.  You can mail them with no return address as well if you're sure you have the charity's proper mailing address.   This way you can still feel good about giving and leave no trace of who you are for anyone to use for future marketing. I hope this helps. Good luck!"}
{"_id": "21420", "title": "", "text": "There is no accounting reason that it should be different, there are likely psychological reasons that it should be, however. Assuming that you live in a western country with good banking regulation, you likely have deposit insurance or a similar scheme.  Here in Canada we are covered up to $100,000 in a single account with various limitations.  At least my rainy-day account plus savings is nowhere near that, so I'm good to go. That said, however, having a large lump of money in an account you regularly use may tempt you more than you can stand.  That iPad, car, home improvement, etc., might be too easy to buy knowing you have relatively easy access to that money. So it really becomes a self-discipline question. Good Luck"}
{"_id": "21449", "title": "", "text": "Aaah, okay that makes much more sense now. Thank you for clarifying.  I completely see what you mean. And I second a lot of what you just said. You didn\u2019t exactly answer my question but that\u2019s okay \u2014 I very much enjoyed what you\u2019ve said anyways and it was interesting to hear your opinion and thoughts on such a matter. Thanks :)"}
{"_id": "21457", "title": "", "text": "Given that utilizing all the funds available to you drains your retirement and leaves you with very little cushion for unforeseen events (as already noted), it may be best to use a smaller amount for closing and just deal with the PMI for a couple years. PMI is likely less than the taxes/penalties incurred from withdrawing a full 20% + closing costs. Let alone the lost earning on the accounts (above your mortgage interest rate); but personally I think the stability of significant home equity is worth more than anticipated stock gains. I would recommend pulling enough to buy the house comfortably without dipping too deeply in any one area, while still paying down your balance to where you can eliminate PMI quickly (say 2-3 years). Your limits for each account are approximately: Roth IRAs:  Traditional IRAs: Brokerage (non-retirement): Checking: Things to consider:   If you are current on your payments, you can request PMI removal once your loan-to-value drops below 80% - it also terminates automatically when it is scheduled to drop below 78% (not if it actually has). Many loans have a 2 year minimum PMI period though, regardless of your Loan To Value (LTV) changes. LTV changes could be from:"}
{"_id": "21465", "title": "", "text": "The Company M/s. I-Lace Fashion (Pvt) Ltd., was established on August 2007, as a leading exporter of Leather Garments and Textile Made-ups from Pakistan. It is part of a group of companies &amp; the group is primarily engaged in the exportation of Textile, Fabrics, Garments, Bed Sheets, and Leather Jackets since 1984.  I-Lace Fashion (Pvt) Ltd., is a quality conscious company and has a well-defined policy of provision of quality products at competitive market prices. Company pursues aggressive product marketing &amp; is always endeavoring to explore new markets. The success of the marketing efforts is because of the policy of the company to maintain consistent quality of the products at low cost."}
{"_id": "21467", "title": "", "text": "There is a much simpler explanation. Resources unlike human labor are scarce. As we use up resources the price for these resources rises. In an effort to keep prices low, wages are not increased. This leads to effectively less spending income. Automation and advancement only slow the process. Labor is in no short supply, the price of labor will continue to fall in order to keep the price of final goods lower."}
{"_id": "21468", "title": "", "text": "\"If you've already got emergency savings sufficient for your needs, I agree that you'd be better served by sending that $500 to your student loan(s). I, personally, house the bulk of my emergency savings in CDs because I'm not planning to touch it and it yields a little better than a vanilla savings account. To address the comment about liquidity.  In addition to my emergency savings I keep plain vanilla savings accounts for miscellaenous sudden expenses.  To me \"\"emergency\"\" means lost job, not new water pump for my car; I have other budgeted savings for that but would spend it on a credit card and reimburse myself anyway so liquidity there isn't even that important.   The 18 month CDs I use are barely less liquid than vanilla savings and the penalty is just a couple months of the accrued interest.  When you compare a possible early distribution penalty against the years of increased yield you're likely to come out ahead after years of never touching your emergency savings, unless you're budgeted such that a car insurance deductible is an emergency expense. Emergency funds should be guaranteed and non-volatile.  If I lose my job, 90 days of accrued interest isn't a hindrance to breaking open some of my CDs, and the process isn't so daunting that I'd meaningfully harm my finances. Liquidity in 2017 and liquidity in whatever year a text book was initially written are two totally different animals.  My \"\"very illiquid\"\" brokerage account funds are only one transaction and 3 settlement days less liquid than my \"\"very liquid\"\" savings account.  There's no call the bank, sell the security, wait for it to clear, my brokerage cuts a check, mail the check, cash the check, etc.  I can go from Apple stock on Monday to cash in my hand on like Thursday.  On the web portal for the bank that holds my CDs I can instantly transfer the funds from a CD to my checking account there net of a negligible penalty for early distribution.  To call CDs illiquid in 2017 is silly.\""}
{"_id": "21474", "title": "", "text": "I've yet to meet an illegal making a shit wage. So yeah not rally. People don't want to do construction because it's brutal work and working for apple as a programmer pays 3x to be inside and not in 110 degree heat."}
{"_id": "21486", "title": "", "text": "Don't have access to a Bloomberg, Eikon ect terminal but I was wondering if those that do know of any functions that show say, the percentage of companies (in different Mcap ranges) held by differing rates institutionally. For example - if I wanted to compare what percentage of small cap companies' shares are 75% or more held by institutions relative to large cap companies what could I search in the terminal?"}
{"_id": "21488", "title": "", "text": "Take a look at Transferwise. I find them good for currency conversions and paying people in India from a US bank account."}
{"_id": "21490", "title": "", "text": "I think it depends on how much time I am saving and what I am saving doing.  I do not go out of my way to save a few pennies on gas.  But If i know that I will be traveling somewhere with cheaper gas anyway I will wait to get there to fill up.  But I if I need gas before there I will fill up at the place i stop rather than just getting enough to go to the new location.    I heard it best said as being dollar smart instead of dime foolish.  Going out of your way for gas like this is dime foolish.  On the other hand if you can bundle your trip to the store nearby or other tasks it certianly adds to the value."}
{"_id": "21495", "title": "", "text": "I will never tip an Uber driver unless it's something seriously extraordinary. I've used it for a while and still do and the prices are the same. I've talked to many, many drivers and they all talk about the money they make and the hours they work. No thanks, there's no way I'm going to start doing that all the sudden and I'm not going to feel guilty for not either. This was a big part of why I liked Uber in the first place."}
{"_id": "21499", "title": "", "text": "Is the government really spending your money in such a good way that you want to give them more of it? They spend huge proportion of tax money on fighting wars and imprisoning people. I'd rather have my money. But if you're really convinced that taxes are such a great idea then convince me. Show me some evidence."}
{"_id": "21507", "title": "", "text": "\"What in the world to shareholders have to do with it?  Nowadays, the vast majority of the shares in most big corporations are \"\"owned\"\" via intermediaries (i.e. mutual funds and 401K's, IRA's and Pension Funds) that do not ALLOW the actual end owners to have any say whatsoever.  All those investment vehicles *allow* people to care about ... is the share price.\""}
{"_id": "21511", "title": "", "text": "I will be general. It's more fun.  If everyone in auto manufacturing labor was replaced by a cheap robot tomorrow, then cars would be cheaper. Those of us who buy cars at 50% less could spend that on video games and facelifts. All the auto laborers could make more money doing less labor in the video game and plastic surgery business, robot manufacturing, and robot programming. Others could tailor the robots for other industries, making money there.  If there is less menial labor to be done, then more meaningful and productive work can be done in its place.  In other words, when the cheap, undesirable jobs are made more productive, the product price goes down and that money is spent somewhere else.  On the other hand, if we want to go with much lower productivity, we could all spend an average of 12 hours a day 7 days a week (or the equivalent) obtaining food and shelter. After all, with less productivity, everything takes more labor and more time, and we would have to do without many of the luxuries we take for granted. But everybody could be working really hard."}
{"_id": "21530", "title": "", "text": "\"Calculating beta is finding the correlation between the dependent variable, MSCI world benchmark, and the independent variable, your companies. If you know how to run liner regression models, run each company as the independent variable with the dependent MSCI. You can use Excel to gather this result (Y = MSCI price change at closing hour while X = company stock price closing prince). Running the regression will give you the Beta (and alpha when doing portfolios); which (from linear algebra) is the \"\"m\"\" in y = mx + b\""}
{"_id": "21563", "title": "", "text": "Well I'd argue both are sleezy and undesirable, but I'd much rather have the state do it than unregulated firms. The state sponsors anti-addiction campaigns paid for in part from lottery revenues, and excess profits can go towards education and healthcare.   It's inefficient, especially with all the bloated bureaucracy, so we need to be vigilant towards state enterprises, but it's still better than the private sector running these sketchy markets."}
{"_id": "21574", "title": "", "text": "&gt;If businesses cannot turn a profit while paying for a healthy minimum wage, they are bad for the economy and deserve to die.  Tell that to all the minimum wage workers that would lose their jobs and deny most of them the ability to get back on the jobs ladder at all.  Also tell that to the taxpayers that now have to pay 100% of their social burden, instead of maybe 20% in the minimum wage job situation.  The sentiment you express is absolute, unabashed economic violence against the poor and the taxpayer.  Both lose in your proposal.  You should be ashamed of yourself."}
{"_id": "21576", "title": "", "text": "\"TL;DR summary: 0% balance transfer offers and \"\"free checks usable anywhere\"\"   rarely are a good deal for the customer. 0% rate balance transfer offers (and the checks usable anywhere including payment of taxes) come with a transaction fee because the credit card company is paying off the balance on the other card (or the tax or the electric bill) in the full amount of $X as stated on the other card statement or on the tax/electric bill). This is in contrast to a purchase transaction where if you buy something for $X, you pay the card company $X but the card company pays the merchant something less than $X$. (Of course, the merchant has jacked up the sale price of the item to pass on the charge to you.) Can you get the credit card company to waive the transaction fee? You can try asking them but it is unlikely that you will succeed if your credit score is good! I have seen balance transfer offers with no transaction fees made to people who have don't have good credit scores and are used to carrying a balance  on their credit cards. I assume that the company making the offer knows that it will make up the transaction fee from future interest payments. A few other points to keep in mind with respect to using a 0% balance transfer offer to pay off a student loan (or anything else for that matter):\""}
{"_id": "21591", "title": "", "text": "There's a lot of foreign small and big businesses - as well as foreign individuals - that would love to invest in India.  But they can't because of the strict regulations and outright prohibitions on foreigners.  And instead of tearing down barriers to entry, Indian government is introducing more protectionist measures (as cheap goods come from China and Indian businesses can't compete despite cheaper labor force.)    I don't know the answer to India's problems.  I don't know what's going to happen.  But I agree with the Infosys guy:  India is no China and will not see that sort of success anytime soon.  Sure, India is gaining ground every year, but to even catch up to China of today, it is going to take decades."}
{"_id": "21598", "title": "", "text": "Much information comes from this source. Your tags say you are in New York. New York security deposit law requires that you store the security deposit in a banking institution. Additionally, the deposit must be stored in a separate account, not your own personal account. If the lease is for six months or more, the money must be stored in an interest-bearing account, though this is apparently not necessary if the property has fewer than six units. Investing the money in e.g. a mutual fund would probably be illegal, and would be a bad idea anyway. If your investment turns out not to be profitable, you'd have to make up the difference. Security deposits are meant to be deposits, not investments. Besides, you have to pay interest on the deposit to your tenant; any interest over 1% must be given back to the tenant."}
{"_id": "21604", "title": "", "text": "yes, and how is it not a monopoly? if someone owns a piece of forest, doesn't he have a monopoly on it? or are you saying he would have to own _all_ forest in the universe for this to be true?"}
{"_id": "21605", "title": "", "text": "I agree with the article, but one thing I wonder about: how much is driving suppressed because of the relative high price of gasoline and the relative lack of fuel efficiency in cars? In other words, are we going to put more cars on the road and drive on average more km per yr per if we have a sort of quantum leap in fuel efficiency? Not necessarily a bad thing, but perhaps something that makes achieving foreign oil independence a bit harder than we might think."}
{"_id": "21608", "title": "", "text": "\"Yeah. This shorting the box nonsense is an extremely expensive way to capture downside. If I just drop $1000 on a long-dated out-of-the-money put I have significantly more downside exposure for much much less than the [100 X $160 - (call premium)]. That's like 16 grand dude!!! It does keep you more delta neutral, but still, stupid way to go about it, especially if you are concerned about \"\"cheap\"\".\""}
{"_id": "21609", "title": "", "text": "Um, no?  The business pretty clearly laid out what it expects out of its employees, and what it expects is illegal. You can't hire on the basis of religion, period. It's not even a he said/she said, the business already admits what it does, and based on its members it's quite easy to prove. If this were an atheist that was just trying to ping the business because they hire on religion that's one thing.  But this guy WAS a Christian, he just wasn't Christian ENOUGH. That's excuse enough in my book to nail them."}
{"_id": "21620", "title": "", "text": "I always thought high-risk investing is hit or miss, but this is working out very well with the stocks I've chosen  High risk investing IS hit and miss.  We are in an historic bull market.  Do not pat yourself on the back too hard, the bear can be around any corner and your high risk strategy will then be put to the test."}
{"_id": "21625", "title": "", "text": "\"I see this as a silly question.  Neither country will become \"\"dominant\"\".  They're both mid-sized resource-based economies, and that won't change any time soon.  Australia has more copper, cattle, and gold, but Canada has more oil, wheat, potash, and timber.  The resource sectors in both economies will continue to thrive, unless the world economy tanks.\""}
{"_id": "21626", "title": "", "text": "I personally do not buy any those so-call forecasts - look no further than the economic forecasts by those experts with PhDs over the last decade or so.  Truth is there are too many factors that affects the tuition fees that far down the road (think inflation, cost of living, the method for which the education is being delivered, anticipated salary for the teachers, the ratio of schools and students, your children's ability to obtain scholarship money, and etc). Put in what you can afford for RESP - I put in $2000 annually per child to take maximum advantage of the 20% government matching.  And be prepare to augment that with additional fund in 18 years.  I am prepared to take on significant loans if my children both decided and qualified for graduated studies in specialized fields in a prestige universities - I have had met people with graduate degrees from Harvard and Cambridge and the obscure sum they (or their parents) paid on tuition are about as good investment as I have ever seen.  Education is one of the best gifts any parent could give to their child."}
{"_id": "21683", "title": "", "text": "Cute, but 100 years of market history will show you the fundamentals have persisted for a reason. Every industry in history has tried to pull this \u201cbut this is different\u201d thing off (oil, gold, semiconductors) and they have ALL been brought to reality in time. There is no reason to think today is any different. There will  be recessions again, there will be market crashes again, either tomorrow or 5 years from now. It always levels out."}
{"_id": "21688", "title": "", "text": "&gt; If you're saddled with a ton of debt and also don't have a degree to show for it, I'd say it's much more likely you're going to have trouble paying it off.  This is how generational poverty continues."}
{"_id": "21695", "title": "", "text": "\"I believe money market \"\"funds\"\" (ie a mutual fund) would pay dividends, and you would get a 1099-DIV. A money market \"\"account\"\" however is probably actually a bank account, and you would get a 1099-INT for that. It depends how the broker has set it up. I have one of each with different brokers.  If your \"\"money market\"\" statements mention anything about FDIC coverage, it is likely an \"\"account\"\" (ie a bank account) and will pay interest, not dividends.\""}
{"_id": "21699", "title": "", "text": "\"You pay tax on the entire amount, not just the capital gains.   When cashing out such a plan you would pay the top marginal tax rate on the full amount plus another 10% in penalties.  It is very likely that the additional income, of the balance withdrawal, will increase your top marginal rate.   It is impossible to come up with a precise answer as we don't know the following: However, you can take a concept away from this that is important:  You will be taxed and penalized on the entire 401K balance, not just the capital gain.   In the \"\"best case\"\" scenario, that is you had little or no income in a given year.  Under current tax law you would owe about 31% of your 401K balance in taxes.  As this is such an inefficient use of money most authors recommend against it except in the case of extreme circumstances.\""}
{"_id": "21706", "title": "", "text": "It is a more subtle form of force to be destined to live as a second class citizen for no reason other than the station of your birth or your religious beliefs. Whether this status is codified in law or through the collective will of the ownership class, it is a far worse injustice than being forced to do business with someone you don't like. Equating racial justice with theft is just one example of why Libertarianism is not taken seriously as a political philosophy."}
{"_id": "21714", "title": "", "text": "As mass production has to be accompanied by mass consumption, mass consumption, in turn, implies a distribution of wealth ... to provide men with buying power. ... Instead of achieving that kind of distribution, a giant suction pump had by 1929-30 drawn into a few hands an increasing portion of currently produced wealth. ... The other fellows could stay in the game only by borrowing. When their credit ran out, the game stopped.    \u2014 Marriner Eccles, former Chair of the Federal Reserve 1934-1948, said in 1951  &amp;nbsp;  If people think 2008 was the worst of it, man they ain't seen nothing yet."}
{"_id": "21742", "title": "", "text": "Doom and gloom.  Everything adjusts.  Less tax break here compensated by lower overall tax rates.    Actually, Realtors have less concern with this then you would think.  Those really concerned are bankers.  The financial industry has been messaging Americans for years that mortgage deductions are the best thing in the world.  They are just another way to promote bank loans."}
{"_id": "21757", "title": "", "text": "\"Maybe if you read the article, you would have seen:  \"\"The data was obtained from the county Department of Public Social Services -- which is responsible for doling out the benefits -- and gives a snapshot of the financial costs associated with sanctuary and related policies.\"\"  Keep your head in the sand buddy.  Just because you don't like the source doesn't mean that it isn't true. I'm sure you'll believe a CNN article by the esteemed Don Lemon though, right?\""}
{"_id": "21761", "title": "", "text": "\"Dad-material = you are missing soft skills but you can provide me with financial security. I am going to take palimony for 18 years in exchange for sex. Outcome... short-term physical relationship.   \"\"Husband-material\"\" = you have a adequate or appreciated personality and soft skills. Kids are an option, just not the deal maker. More of a intimate relationship.   Gents... nice guys don't finish last here, they are usually married because personality is still important. You need to have compassion, patience, but also direction and ability to make express your emotions.   Had a friend in college that devised and algorithm for sex... main inputs where \"\"value of clothes, watch, and shoes\"\" + \"\"nice clean car\"\" + \"\"good hygiene\"\" + \"\"basic knowledge of pop culture\"\" + money spent on date\"\".... let me just state he over analyzed and thought this is how women think, and the outcome was little sex and a lot of money spent....... he forgot that he needs to sell trust, security, value to the date and then act on those if he wanted to become boyfriend... he needed to learn how to be relational and compassionate toward the others' needs. Not rocket science, just work if it does not come naturally.\""}
{"_id": "21764", "title": "", "text": "The amount stated is the total amount of money the customer will be paying to the company. How much profit that will translate into is dependent on the type of contract.  Some types of contracts: Cost plus fixed fee: they are paid what it costs to complete the contract plus a fee on top of that. That fee represents their profits. The costs will include salary, benefits, overhead, equipment, supplies. Firm fixed price: They perform the service, and they get paid a fixed amount. If their costs are higher than they forecast, then they may lose money. If they can be more efficient than they forecast, then they make more money. Time and materials: They are paid for completing each sub-task based on the number of hours it takes to complete each sub task, plus materials. This is used to hire a company to maintain a fleet of trucks. If the trucks are used a lot they will need more standard maintenance, plus additional repairs based on the type of use. They pay X for labor and Y for materials for an oil change, but A for labor and B for materials for a complete engine rebuild.  There are many variations on these themes. Some put the risk on the customer, some on the company.  How and when the company is paid is based on the terms of the contract. Some pay X% a month, others pay based on meeting milestones. Some pay based on the number of tasks completed in each time period. Some contracts run for a specific period of time, others have an initial period plus option years. The article may or may not specify if the quoted amount is the minimum amount of the contract or the maximum amount. The impact on the stock price is much more complex. Much more needs to be known about the structure of the contract, and who will be providing the service to determine if there will be profits. Some companies will bid to lose money, if it will serve as a bridge to another contract or to fill a gap that will allow them to delay layoffs."}
{"_id": "21768", "title": "", "text": "Being long the call is being long the option. The call is a type of option. A put is a type of option If you buy a call, you are long an option and long the underlying asset. If you buy a put, you are long an option and short the underlying asset."}
{"_id": "21786", "title": "", "text": "The value of a share depends on the value of the company, which involves a lot more than the value of its assets -- it requires making decisions about what you think will happen to the company in the future. That's inherently not something that can be reduced to a single formula, at least not unless you can figure out how to represent your guesses and your confidence in them in the formula ... and even if you could do all that it would only say what you think the stock is worth; others will be using different numbers and legitimately get different results. Disagreement over value is what the stock market is all about, I'm afraid."}
{"_id": "21790", "title": "", "text": "The DIY approach can be useful for regular dusting and cleaning, but when it comes to thorough cleaning, do it yourself does not seem a viable option Carpet cleaning is one of the intimidating tasks that call for professional intervention."}
{"_id": "21810", "title": "", "text": "There are two alternative explanations: Choose the explanation you prefer based on your level of cynicism."}
{"_id": "21818", "title": "", "text": "In principle I agree with you. However the allegation is that the people managing the IPO withheld crucial information and informed insiders against investing. Maybe the allegations are false, but it should still be looked into. If the IPO shared crucial details with insider traders while keeping it from the public at large that would affect the investor's risk-assessment of a stock, that's insider trading and should be punished accordingly."}
{"_id": "21827", "title": "", "text": "don't get stalled in the notion that in ONE call, some MAGIC will happen, if you DO IT RIGHT  reality is a cold call is only the first call.  sales usually requires a sequence ...relationship/confidence building route (multiple calls)"}
{"_id": "21836", "title": "", "text": "Don't both of your first two points also apply to PV panels? In fact, to generate the same load, I'd imagine the material requirements are much higher.  And storage doesn't seem like that big of a problem. Don't we already have the holes they were dug up from to put them back in?"}
{"_id": "21843", "title": "", "text": "They are using a tax arbitrage, a variation of Hollywood Accounting. This is a common tactic adopted by all big companies, including GE, Apple, Microsoft, Google and hedge funds like Bain. The company's management has only one legal duty, to maximize the shareholder value and this is one way of doing it.  Depending on your perspectives, it may be unethical but it definitely is not illegal.   Blame the politicians and people electing them, not the businessmen."}
{"_id": "21846", "title": "", "text": "You're right. That's pretty much it. You get a deduction for any medical expenses above 10% of your Adjusted Gross Income. You also have to itemize your deductions; claiming the standard deduction won't do."}
{"_id": "21866", "title": "", "text": "Well, it totally depends on what you're ordering... just like ANY food. Sour Cream and extra guac will surely set you back, even if it's a fresh version of it.   I order a bowl that gets me between 7-800 calories which is a good amount for a full meal."}
{"_id": "21870", "title": "", "text": "You don't have to do the prepaid PP card, just get him his own PP account and then order him the PP debit MC. It will act as a debit on his PP account just like the Student Account card."}
{"_id": "21872", "title": "", "text": "You borrow on  the international makets.  [Moody's predicts Scotland would get an 'A' credit rating](http://www.bbc.co.uk/news/uk-scotland-scotland-politics-27247870)  [Standard &amp; Poors - Independent Scotland could be AAA rated](http://www.businessforscotland.co.uk/independent-scotland-could-be-aaa-rated-standard-poors)  [Credit Suisse report independent Scotland would be ranked four places higher than the rUK.](http://www.newsnetscotland.com/index.php/scottish-news/9637-scotland-ahead-of-ruk-even-without-oil-says-credit-suisse-report)  [An independent Scotland would be a wealthy and financially viable country like New Zealand, but could suffer initial growing pains, according to credit ratings agency Standard &amp; Poor's.](http://www.theguardian.com/politics/2014/feb/27/independent-scottish-economy-viable-slow-first-standard-poors)"}
{"_id": "21883", "title": "", "text": "\"Insufficient funds will cause a check to bounce. If there is evidence that you \"\"kited\"\" the check deliberately, that's a potential fraud charge. If the vendor accepts that you were just stupid/careless, you'll probably just have to pay a penalty processing fee in addition to making good the payment.  It is your responsibility to track your account balance and not write bad checks. If the timing could be bad, don't write the check yet. If you insist on paying with money you may not have, talk to your bank about setting up overdrafts to draw from another account, or automatic overdraft loans... or use a credit card rather than paying by check.\""}
{"_id": "21885", "title": "", "text": "I think part of why it is perceived is so bad is because the fluctuations in housing prices are relatively large, especially compared to the amount needed to put a down payment.  This is not an uncommon scenario: And this is not even being underwater, just being even.  Imagine how much worse it feels if your dream of home ownership has turned into just a pile of debt."}
{"_id": "21896", "title": "", "text": "Yes, they're using it as a currency.  What they actually have demand for is houses and Lambos, and if bitcoin wasn't available they'd be happy to do it in any other currency.  When any other currency goes up it's because there's overall higher demand than supply for it, to buy things you can only buy in a particular currency.    A very common example is government bonds of the issuing government for a currency.  That's why when the Fed raises the interest rate, the US dollar goes up.  It is because at a bond auction the government will only take US dollars so anyone that wants to buy some bonds needs to first buy US dollars.  If the interest rate goes up, all things being equal those bonds are relatively more attractive than other countries bonds, and that change in demand increases the demand for the currency, which raises it's price.  Note the key thing here - it needs to be something you can only buy (or at least, buy for the cheapest price) in a particular currency.  If it's something you can buy with any currency, than that event generally doesn't impact the currency price.  Although it's a very important food crop, if the price of rice goes up, it doesn't really impact the USD even though you can buy rice with USD.  Here's the tricky part, what can you buy with bitcoin that you can't buy with any other currency?"}
{"_id": "21903", "title": "", "text": "The value of money is not only in the earning and saving of it but also in the discipline in spending it.  Any approach to teaching children about money must ensure a balance between the two otherwise they will either become fearful of spending (and so never actually learn that money is but a tool and can be enjoyed) or irresponsible (spending with abandon with all that concomitant misery): Teaching kids about money is a wonderful opportunity to instil discipline and values.  Any strategy must be structured to suite the child's age and abilities as well.  Trying to teach compound interest to too young a child will just become needlessly confusing and worrying for them.  Hope this gives a few ideas."}
{"_id": "21907", "title": "", "text": "When you wish to go for a party in London and if you feel that you want some comrade to be with you then you can get in touch with the elite escorts who would help you in making your day special. Of course, you can always tell them that how you want things to be done."}
{"_id": "21910", "title": "", "text": "As @Dilip suggested in the comments, the problem is the accountability of the reimbursement plans. In order for the reimbursement to be non-taxable, there has to be a reimbursement plan and policy set up by the employer, it has to be done per receipt, and accounted for correctly. If the employer just cuts you a check - the conditions may not be met, and as such - the reimbursement becomes taxable. In your case, it seems like the employer has not set up a proper (accountable) reimbursement plan, thus your reimbursements are taxable. @Joe pointed out that since the employer also doesn't withhold taxes (as he should), you may have an unexpected tax bill on April 15. This Chron article describes the distinction between the accountable and non-accountable plans. Only with the accountable plans the reimbursements are non-taxable."}
{"_id": "21913", "title": "", "text": "A bit anecdotal, but I once studied Erasmus and one of my buddies was from France. Long story short, he was to be paid a monthly stipend for living/studying expenses from the French gov't (very typical for Erasmus/study abroad in Europe). He didn't receive his FIRST check until about 4 months after he had returned to France (~10 months later than expected)."}
{"_id": "21948", "title": "", "text": "We can only print money until we start to see the effect in inflation, true, but we've got quite a way to go before that happens.  Currently, t-bills are paying under .2% interest/year.  Money can be borrowed at a historic low rate.  No one worried about this huge amount of debt when Bush was running it up.  Now that the deficit has actually gotten under control, people are up in arms.    The government has always run a deficit, except once.  Money is a closed loop.  Household savings/spending + business savings/spending + imports/exports + government surplus/deficit = 0.  That's an accounting identity.  Currently, households are spending a bit, businesses are saving like nobodies business, and we export more than we import.  We have to run a deficit to have an economy."}
{"_id": "21951", "title": "", "text": "This is the guy who created thousands of jobs, through his own hard work. Sure, it's easy to ignore the years of his life where he went without, when you look at it out of context. But whether you agree that people should be able to make a profit or not, he *does* actually employ thousands of people. He pays them money they use to buy food, clothes, and generally support themselves."}
{"_id": "21957", "title": "", "text": "\"I don't understand the OP's desire \"\" I'd love to have a few hundred dollars coming in each month until I really get the hang of things. \"\"  When growing your wealth so that it will be large enough in retirement to throw off enough profits to live on ... you must not touch the profits generated along the way.  You must reinvest them to earn even more profits.  The profits you earn need not show up as 'cash'.  Most investments also grow in re-sale value. This growth is called capital gains, and is just-as/more important than cash flows like interest income or dividends.    When evaluating investing choices, you think of your returns as a percent of your total savings at any time.  So expecting $100/month equals $1,200/year would require a $12,000 investment to earn 10%/yr. From the sounds of it the OP's principal is not near that amount, and an average 10% should not be expected by an investment with reasonable risk. I would conclude that 'There is no free lunch'.  You need to continually save and add to your principal.  You must invest to expect a reasonable return (less than 10%) and you must reinvest all profits (whether cash or capital gains). Or else start a business - which cannot be compared to passive investing.\""}
{"_id": "21961", "title": "", "text": "All great questions, thank you. We are one of a several piano stores in south eastern MA, but many people will travel a fair distance to find the right piano. Our largest group of customers are middle to high income families. We've played our ad on the local abc family channel and on local pop radio stations. https://www.youtube.com/watch?v=oSr-LRiP1s0 ... The corniness was intended and did create a lot of response.    We offer a full value trade up policy for any past customers. Our record is a customer who purchased a piano from us 14 prior to trading up.   Thanks for your help, I'll work on finding more ways to further identify and reach our target market."}
{"_id": "21975", "title": "", "text": "\"In an IPO (initial public offering) or APO (additional public offering) situation, a small group of stakeholders (as few as one) basically decide to offer an additional number of \"\"shares\"\" of equity in the company. Usually, these \"\"shares\"\" are all equal; if you own one share you own a percentage of the company equal to that of anyone else who owns one share. The sum total of all shares, theoretically, equals the entire value of the company, and so with N shares in existence, one share is equivalent to 1/Nth the company, and entitles you to 1/Nth of the profits of the company, and more importantly to some, gives you a vote in company matters which carries a weight of 1/Nth of the entire shareholder body. Now, not all of these shares are public. Most companies have the majority (51%+) of shares owned by a small number of \"\"controlling interests\"\". These entities, usually founding owners or their families, may be prohibited by agreement from selling their shares on the open market (other controlling interests have right of first refusal). For \"\"private\"\" companies, ALL the shares are divided this way. For \"\"public\"\" companies, the remainder is available on the open market, and those shares can be bought and sold without involvement by the company. Buyers can't buy more shares than are available on the entire market. Now, when a company wants to make more money, a high share price at the time of the issue is always good, for two reasons. First, the company only makes money on the initial sale of a share of stock; once it's in a third party's hands, any profit from further sale of the stock goes to the seller, not the company. So, it does little good to the company for its share price to soar a month after its issue; the company's already made its money from selling the stock. If the company knew that its shares would be in higher demand in a month, it should have waited, because it could have raised the same amount of money by selling fewer shares. Second, the price of a stock is based on its demand in the market, and a key component of that is scarcity; the fewer shares of a company that are available, the more they'll cost. When a company issues more stock, there's more shares available, so people can get all they want and the demand drops, taking the share price with it. When there's more shares, each share (being a smaller percentage of the company) earns less in dividends as well, which figures into several key metrics for determining whether to buy or sell stock, like earnings per share and price/earnings ratio. Now, you also asked about \"\"dilution\"\". That's pretty straightforward. By adding more shares of stock to the overall pool, you increase that denominator; each share becomes a smaller percentage of the company. The \"\"privately-held\"\" stocks are reduced in the same way. The problem with simply adding stocks to the open market, getting their initial purchase price, is that a larger overall percentage of the company is now on the open market, meaning the \"\"controlling interests\"\" have less control of their company. If at any time the majority of shares are not owned by the controlling interests, then even if they all agree to vote a certain way (for instance, whether or not to merge assets with another company) another entity could buy all the public shares (or convince all existing public shareholders of their point of view) and overrule them. There are various ways to avoid this. The most common is to issue multiple types of stock. Typically, \"\"common\"\" stock carries equal voting rights and equal shares of profits. \"\"Preferred stock\"\" typically trades a higher share of earnings for no voting rights. A company may therefore keep all the \"\"common\"\" stock in private hands and offer only preferred stock on the market. There are other ways to \"\"class\"\" stocks, most of which have a similar tradeoff between earnings percentage and voting percentage (typically by balancing these two you normalize the price of stocks; if one stock had better dividends and more voting weight than another, the other stock would be near-worthless), but companies may create and issue \"\"superstock\"\" to controlling interests to guarantee both profits and control. You'll never see a \"\"superstock\"\" on the open market; where they exist, they are very closely held. But, if a company issues \"\"superstock\"\", the market will see that and the price of their publicly-available \"\"common stock\"\" will depreciate sharply. Another common way to increase market cap without diluting shares is simply to create more shares than you issue publicly; the remainder goes to the current controlling interests. When Facebook solicited outside investment (before it went public), that's basically what happened; the original founders were issued additional shares to maintain controlling interests (though not as significant), balancing the issue of new shares to the investors. The \"\"ideal\"\" form of this is a \"\"stock split\"\"; the company simply multiplies the number of shares it has outstanding by X, and issues X-1 additional shares to each current holder of one share. This effectively divides the price of one share by X, lowering the barrier to purchase a share and thus hopefully driving up demand for the shares overall by making it easier for the average Joe Investor to get their foot in the door. However, issuing shares to controlling interests increases the total number of shares available, decreasing the market value of public shares that much more and reducing the amount of money the company can make from the stock offering.\""}
{"_id": "21986", "title": "", "text": "\"It really depends on the value your financial adviser provides.  Does he help with your 401K?  Does he help you avoid making foolish moves?  Does he really help you find funds that beat average market returns? Many people answer \"\"no\"\" to all of these questions and do their investing on their own.  I personally prefer Fidelity because I find their web site easier to work with, but Vanguard is another option.   At Fidelity you will have zero fee per year.  You can buy Fidelity and many other mutual funds with no cost.  You can buy iShares ETFs at no cost.  Some funds do have a fee to purchase, but they are pretty low ($35) and are only collected when you buy, not yearly.   Now some people do go it alone and it is a huge mistake.  The news tends to only report negative stock market events, and many people were scared away from 2008 and missed wonderful gains since that time.  If you pull your money out during corrections, stick with a financial adviser.  If you will stop contributing because of a correction, stick with a financial adviser.  In those cases the fee is well worth the cost.  Also if your guy provides education in association with investment advice, the fee might also be worth it.   If you are able to stomach losses, able to keep on contributing like clockwork, and can read a Morning star mutual fund chart, then you might be best to go it alone.  One thing would really help is to have a friend that is also interested in investing to share ideas with.\""}
{"_id": "22021", "title": "", "text": "&gt; I have been an owner of the Planet Hollywood Westgate unit in Las Vegas for 2 years! Every time I've tried to use it, it is never available. The one time they told me it was available; they told me it was at Flamingo Bay in Las Vegas, not the one that they have me paying $900 a month for. Then they had the nerve to charge me an exchange fee for using a unit I didn't even want to use. I'm to the point that I want to get rid of this unit. The payment is $200 more than my own house payment and now that they were purchased by Hilton, the payments and fees are going to go up.  2 years? 2 years paying $900/mo for a property you were never able to use? You'd figure by at least the end of year 1 you would have smelled something fishy.  I'm sure this CEO and his company are generally shitbags, but c'mon."}
{"_id": "22026", "title": "", "text": "\"Plenty of good answers here, but probably the best answer is that The Market relies on suckers...er...investors like you.  The money has to come from somewhere, it might as well be you. So-called \"\"day traders\"\" or \"\"short-term investors\"\" are a huge part of the market, and they perform a vital function:  they provide capital that flows to the large, well-equipped, institutional investors.  Thing is, you can never be big enough, smart enough, well-informed enough, or quick enough to beat the big guys.  You may have a run of good fortune, but over the long term aggregate, you're a PAYOR into the market, not a DIVIDEND reaper.\""}
{"_id": "22028", "title": "", "text": "\"Thanks for sharing.  I think it's a great idea to allow everyone to speak freely and share their thoughts in an open format for critiquing. I've watched [similar TED talks](http://www.ted.com/talks/dan_ariely_what_makes_us_feel_good_about_our_work?language=en#t-66168) that have shown this practice gives more value to an employee's self worth, which also leads to more overall productivity. However, I'm a little puzzled by Mr. Dalio's merit weighting/\"\"believability\"\" index, and feel like I need more information to understand how they attribute those weights.   Here's an excellent and relevant excerpt from one of my favorite reads \u2013 2 Second Lean by Paul Akers:  *Besides having a 100% emotional commitment, a Lean leader must be humble. What does that look like? Let me give you a tangible goal. Commit yourself to validating, complimenting and/ or recognizing the work of your employees at least ten times a day. Your people should be accustomed to hearing you say things like, \u201cThat\u2019s a great idea, Bob,\u201d or \u201cMary, I appreciate how hard you\u2019ve worked on this project,\u201d or \u201cActually, John, I like your idea better than mine.\u201d When humility becomes a central attribute of the Lean leadership a vortex of creativity and buy-in will follow. When there is a culture where people know there is not an egomaniac in charge they can begin to grow and thrive. They know that leadership is singular in their focus to give others credit above themselves. There are no politics, no jealousies or rivalries because everybody knows they\u2019ll be acknowledged for their contribution and more importantly, they understand their job is to acknowledge others\u2019 contributions. A Lean culture is a generous environment. It\u2019s generous in giving credit to others, generous in respect, generous in offering ideas, support and help.*  *The Lean leader has an ego strong enough to solicit and welcome ideas from absolutely every person involved and will recognize everybody\u2019s contribution as valuable. In fact, a Lean leader gets excited by the prospect of unleashing all that untapped creativity and problem-solving genius that lies dormant in most organizations.*  *While many people will be shy and not so forthcoming at first, it is a universal human desire to be validated and respected.*\""}
{"_id": "22036", "title": "", "text": "\"&gt;the population is burdened with debt and anxious about job security,  and long term security  and healthcare (and not sending them into poverty because of it)  and the country remaining solvent  and what the next financial crisis will be   and the terrorist boogymen  H. L. Mencken once said, *\"\"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.\"\"*   I don't know how imaginary it all is but they sure are menacing the shit out of us with it.\""}
{"_id": "22038", "title": "", "text": "The P/E is currently 20. In hindsight, it's easy to see that when it was 50, not long ago, it was very overpriced. They were not adding customers or increasing revenue as they should have to sustain that P/E level.  Probability? I suppose this can happen with any company that has both a high P/E and non-diversified business. Why did you think this company was large and stable? Their marketing blunders simply pricked the bubble level pricing these guys had.  (Disclaimer - I am actually a happy customer of Netflix. For $8/mo, I get 6-8 DVDs and neither spend gas nor time to get them. Others who grew used to free streaming feel otherwise)"}
{"_id": "22060", "title": "", "text": "I like the Australian \u201cstandard\u201d*   Best Before:  For the retailer: Means the retailer should not complain to the supplier if the product has gone bad after this date.  Used by:  For the consumer; means the customer should not complain to the retailer if the product has gone bad after this date.  Ie it has nothing to do with is it safe to consume it has everything to do with legal liability with a touch of forced replacement.  * I don\u2019t know if it\u2019s a standard or just something that producers do."}
{"_id": "22067", "title": "", "text": "You keep a copy of the dashed check, and tell him to pound sand. If he contacts you again, you tell him that you will charge him with fraud. By accepting the check and cashing it, he acknowledged the debt is paid."}
{"_id": "22078", "title": "", "text": "\"Many of the business posts are adverts or self-promotion or people hyping stock \"\"tips\"\".  Also get a fair number of (lazy) people who want this sub to tell them how to get into business, or what a good business idea is (versus doing  research, and then saying \"\"this is what I've got, what about this problem, or this challenge?)\"\"\""}
{"_id": "22107", "title": "", "text": "they don't have to 'go through' Instagram. It's not purchased through Instagram with them getting a cut. This is an option on the post, just like a location tag. As for if people will do it or not, yeah, that's still up to the influencer to be honest and within legal guidelines with this system just like it is now for them tagging it as #Ad or #SponsoredPost"}
{"_id": "22108", "title": "", "text": "Im always suspicious whenever an article uses 2 data points to suggest a trend. November 1997 and December 2016. Ok? What about all the years inbetween? '97 may have had an unusually high number due to the Dot Com boom when everyone and their brother were creating do-nothing websites and going public."}
{"_id": "22132", "title": "", "text": "That is silly to say it isn't a reward for the quality of the waiter.  WTF is a tip for then?  Why do we not have base compensation without tips, with final prices finalized into all goods?   No, a tip *is a reward for quality* **of service**.  I give a 10% tip for horrible service (service, not food).  I give a 15% tip when I don't notice the waiter/ess as part of my meal.  I give 20% tip when service (not food) was exceptional.    If someone sucks as a waiter and consistently gets poor tips from people who tip based on service, stop being a poor waiter.  If someone is a good waiter and consistently gets poor tips from people (incorrectly in my opinion) tipping based on food quality, quit working at that horrible restaurant.  If you want to argue that tipping is not a reward for quality of service, then I will abstain from tipping altogether because I paid for my food and I'm willing to get my own damn water and pick up my food from the kitchen if someone will let me."}
{"_id": "22143", "title": "", "text": "NAPFA claims to have members in Canada. They are an organization of fee-only financial planners--they work for hourly fees, not commissions, so they have no conflicts of interest when giving advice."}
{"_id": "22150", "title": "", "text": "Hot dogs - counts as part of the food basket. Hardly one-off.   Cars - maybe could be included. On average, people buy cars every 5 years, so 12 cars for an 80 year old.   Gas - that one could well be warranted, the problem is the high volatility and the fact that fluctuations are not due to inflation, but rather commodity price fluctuations.   All the other stuff (phones, tv\u2019s, Appliances, etc) is stuff that needs to be replaced several times throughout a persons life, so not one-off purchases.   House prices can and should address d through other mechanisms that have nothing to do with inflation. Either through better planning codes or macro prudential measures, but certainly not through manipulating interest rates."}
{"_id": "22165", "title": "", "text": "\"Yeah, sounds like you're right on track.  You should probably consider a liberal arts major instead of econ or finance there Quinz33... they don't really concern themselves with relevant facts... and pretty much just say the first thing that comes to mind.  \"\"PINEAPPLE!  SQUID!  MONGOOSE!\"\"  And based on your response I'm also guessing you have no interest / experience / knowledge of anything related to finance, am I right?\""}
{"_id": "22169", "title": "", "text": "In India, the amount of dividend you get is based on the face value of the stock. If the stock's face value is Rs. 10 and the company announced a dividend of 20%, you will receive Rs.2 per share.To see whether you qualify to receive a dividend, see the ex-dividend date of the company. If you purchased shares before that date, you will receive the dividend, else you will not"}
{"_id": "22193", "title": "", "text": "Same could go for flying private. At the end of the day there is a cost benefit and what an employee's time is worth.  My employer doesn't give a shit, so I pay for my own business class out of pocket. People I deal with externally all fly business, which sucks when you are on the same flights."}
{"_id": "22205", "title": "", "text": "\"I mostly agree. However, I also recognize a redditer \"\"type\"\" who is impervious to any logic. When your point doesn't fit within their world view, they most often retaliate by downvoting, or downvoting AND posting an angry, curse laden rant.  I believe the guy above was just saving time by preempting their initial response. Of course, you also risk putting off those on the fence who might have been willing to consider your point, but now will not.\""}
{"_id": "22207", "title": "", "text": "\"I agree with all the people cautioning against working for free, but I'll also have a go at answering the question: When do I see money related to that 5%? Is it only when they get   bought, or is there some sort of quarterly payout of profits? It's up to the shareholders of the company whether and when it pays dividends. A new startup will typically have a small number of people, perhaps 1-3, who between them control any shareholder vote (the founder(s) and an investor). If they're offering you 5%, chances are they've made sure your vote will not matter, but some companies (an equity partnership springs to mind) might be structured such that control is genuinely distributed. You would want to check what the particular situation is in this company. Assuming the founders/main investors have control, those people (or that person) will decide whether to pay dividends, so you can ask them their plans to realise money from the company. It is very rare for startups to pay any dividends. This is firstly because they're rarely profitable, but even when they are profitable the whole point of a startup is to grow, so there are plenty of things to spend cash on other than payouts to shareholders. Paying anything out to shareholders is the opposite of receiving investment. So unless you're in the very unusual position of a startup that will quickly make so much money that it doesn't need investment, and is planning to pay out to shareholders rather than spend on growth, then no, it will not pay out. One way for a shareholder to exit is to be bought out by other shareholders. For example if they want to get rid of you then they might make you an offer for your 5%. This can be any amount they think you'll take, given the situation at the time. If you don't take it, there may be things they can do in future to reduce its value to you (see below). If you do take it then your 5% would pay you once, when you leave. If the company succeeds, commonly it will be wholly or partly sold (either privately or by IPO). At this point, if it's wholly sold then the soon-to-be-ex-shareholders at the time will receive the proceeds of the sale. If it's partly sold then as with an investment round it's up for negotiation what happens. For example I believe the cash from an IPO of X% of the company could be taken into the company, leaving the shareholders with no immediate direct payout but (100-X)% of shares in their names that they're more-or-less free to sell, or retain and receive future dividends. Alternatively, if the company settles down as a small private business that's no longer in startup mode, it might start paying out without a sale. If the company fails, as most startups do, it will never pay anything. It's very important to remember that it's the shareholders at the time who receive money in proportion to their holding (or as defined by the company articles, if there are different classes of share). Just because you have 5% now doesn't mean you'll have 5% by that time, because any new investment into the company in the mean time will \"\"dilute\"\" your shareholding. It works like this: Note that I've assumed for simplicity that the new investment comes in at equal value to the old investment. This isn't necessarily the case, it can be more or less according to the terms of the new investment voted for by the shareholders, so the first line really is \"\"nominal value\"\", not necessarily the actual cash the founders put in. Therefore, you should not think of your 5% as 5% of what you imagine a company like yours might eventually exit for. At best, think of it as 5% of what a company like yours might exit for, if it receives no further investment whatsoever. Ah, but won't the founders also have their holdings diluted and lose control of the company, so they wouldn't do that? Well, not necessarily. Look carefully at whether you're being offered the same class of shares as the founders. If not consider whether they can dilute your shares without diluting their own. Look also at whether a new investor could use the founders' executive positions to give them new equity in the same way they gave you old equity, without giving you any new equity. Look at whether the founders will themselves participate in future investment rounds using sacks of cash that they own from other ventures, when you can't afford to keep up. Look at whether new investors will receive a priority class of share that's guaranteed at exit to pay out a certain multiple of the money invested before the older, inferior classes of shares receive anything (VCs like to do this, at least in the UK). Look at any other tricks they can legally pull: even if the founders aren't inclined to be tricky, they may eventually be forced to consider pulling them by a future new investor. And when I say \"\"look\"\", I mean get your lawyer to look. If your shareholding survives until exit, then it will pay out at exit. But repeated dilutions and investors with priority classes of shares could mean that your holding doesn't survive to exit even if the company does. Your 5% could turn into a nominal holding that hasn't really \"\"survived\"\", that entitles you to 0.5% of any sale value over $100 million. Then if the company sells for $50 million you get $0, while other investors are getting a good return. All of this is why you should not work for equity unless you can afford to work for free. And even then you need to lawyer up, now and during any future investment, so your lawyer can explain to you what your investment actually is, which almost certainly is different from what it looks like at a casual uninformed glance.\""}
{"_id": "22209", "title": "", "text": "Beware of surrender charges also Surrender Charges Many annuities   will impose a surrender charge if the annuity is cashed in before a   specific period of time. That period may run anywhere from 1 to 12   years. A typical surrender charge is one that starts at 7% in the   first year of the contract, and declines by 1% per year thereafter   until it reaches zero. The charge is made against the value of the   investment when the annuity is surrendered, and its purpose (other   than simply to make money for the insurance company) is to discourage   a short-term investment by the purchaser. For that reason, an annuity   should always be considered a long-term investment. In the typical   fixed annuity, though, this charge will not apply provided no more   than 10% of the investment is withdrawn per year. source: http://www.fool.com/retirement/annuities/annuities02.htm If you've held it for 10 years as you claim, you may not owe any or much in surrender charges, but you definitely want to know what the situation is before you make a move."}
{"_id": "22221", "title": "", "text": "Rebalancing your portfolio doesn't have to include selling.  You could simply adjust your buying to keep your portfolio in balance.  If you portfolio has shifted from 50% stocks and 50% bonds to 75% stocks and 25% bonds, you can just only use new savings to buy bonds, until you are back at 50-50. Remember to take into account taxes if you are thinking of selling to rebalance in taxable accounts. The goal of rebalancing is to keep your exposures the way that you want them.  Assuming that you had a good reason to have a portfolio of 50% stocks and 50% bonds, you probably want to keep your portfolio similar in the future.  If you end up with a portfolio of 75% stocks and 25% bonds due to stock market fluctuations, the exposure and the risk / return profile of your portfolio will have changed, and it's probably not something that you want. You don't want to rebalance just for the sake of rebalancing either.  There can be costs to rebalancing (taxes, transaction fees, etc...) and these aren't always worth the effort.  That's why you don't need to rebalance every month or if your portfolio has shifted from 50/50 to 51/49. I take a look at my portfolio once a year, and adjust my automated investments so that by the end of the next year I'm back to the ratio I want."}
{"_id": "22263", "title": "", "text": "Yes. The real question is whether you should. You should consider your investment options, and take into the account that there's much more hype than value in many companies."}
{"_id": "22268", "title": "", "text": "\"They don't actually need to. They accept deposits for historical reasons and because they make money doing so, but there's nothing key to their business that requires them to do so. Here's a decent summary, but I'll explain in great detail below. By making loans, banks create money. This is what we mean when we say the monetary supply is endogenous. (At least if you believe Sir Mervyn King, who used to run England's central bank...) The only real checks on this are regulatory--capitalization requirements and reserve requirements, which impose a sort of tax on a bank's circulating loans. I'll get into that later. Let's start with Why should you believe that story--that loans create deposits? It seems like a bizarre assertion. But it actually matches how banks behave in practice. If you go borrow money from a bank, the loan officer will do many things. She'll want to look at your credit history. She'll want to look at your income and assets. She'll want to look at what kind of collateral or guarantees you're providing that the loan will be repaid. What she will not do is call down to the vaults and make sure that there's enough bills stacked up for them to lend out. Loans are judged based on a profitability function determined by the interest rate and the loan risk. If those add up to \"\"profitable\"\", the bank makes the loan. So the limiting factor on the loans a bank makes are the available creditworthy borrowers--not the bank's stock of cash. Further, the story makes sense because loans are how banks make money. If a bank that was short of money suddenly stopped making loans, it'd be screwed: no new loans = no way to make money to pay back depositors and also keep the lights on = no more bank. And the story is believable because of the way banks make so little effort to solicit commercial deposit business. Oh sure, they used to give you a free toaster if you opened an account; but now it's really quite challenging to find a no-fee checking account that doesn't impose a super-high deposit limit. And the interest paid on savings deposits is asymptotically approaching zero. If banks actually needed your deposits, they'd be making a lot more of effort to get them. I mean, they won't turn up their noses; your deposited allowance is a couple basis points cheaper to the bank than borrowing from the Fed; but banks seem to value small-potatoes depositors more as a source of fees and sales opportunities for services and consumer credit than as a source of cash. (It's a bit different if you get north of seven figures, but smaller depositors aren't really worth the hassle just for their cash.) This is where someone will mention the regulatory requirements of fractional reserve banking: banks are obliged by regulators to keep enough cash on hand to pay out a certain percentage of deposits. Note nothing about loans was said in that statement: this requirement does not serve as a check on the bank making bad loans, because the bank is ultimately liable to all its depositors for the full value of their deposits; it's more making sure they have enough liquidity to prevent bank runs, the self-fulfilling prophecy in which an undercapitalized bank could be forced into bankruptcy. As you noted in your question, banks can always borrow from the Fed at the Fed Discount Rate (or from other banks at the interbank overnight rate, which is a little lower) to meet this requirement. They do have to pledge collateral, but loans themselves are collateral, so this doesn't present much of a problem. In terms of paying off depositors if the bank should collapse (and minimizing the amount of FDIC insurance payout from the government), it's really capital requirements that are actually important. I.E. the bank has to have investors who don't have a right to be paid back and whose investment is on the hook if the bank goes belly-up. But that's just a safeguard for the depositors; it doesn't really have anything to do with loans other than that bad loans are the main reason a bank might go under. Banks, like any other private business, have assets (things of value) and liabilities (obligations to other people). But banking assets and liabilities are counterintuitive. The bank's assets are loans, because they are theoretically recoverable (the principal) and also generate a revenue stream (the interest payments). The money the bank holds in deposits is actually a liability, because it has to pay that money out to depositors on demand, and the deposited money will never (by itself) bring the bank any revenue at all. In fact, it's a drain, because the bank needs to pay interest to its depositors. (Well, they used to anyway.) So what happens when a bank makes a loan? From a balance sheet perspective, strangely enough, the answer is nothing at all. If I grant you a loan, the minute we shake hands and you sign the paperwork, a teller types on a keyboard and money appears in your account. Your account with my bank. My bank has simultaneously created an asset (the loan you now have to repay me) and an equal-sized liability (the funds I loaned you, which are now deposited in your account). I'll make money on the deal, because the interest you owe me is a much higher rate than the interest I pay on your deposits, or the rate I'd have to pay if I need to borrow cash to cover your withdrawal. (I might just have the cash on hand anyway from interest and origination fees and whatnot from previous loans.) From an accounting perspective, nothing has happened to my balance sheet, but suddenly you owe me closing costs and a stream of extraneous interest payments. (Nice work if you can get it...) Okay, so I've exhaustively demonstrated that I don't need to take deposits to make loans. But we live in a world where banks do! Here's a few reasons: You can probably think of more, but at the end of the day, a bank should be designed so that if every single (non-borrowing) depositor withdrew their deposits, the bank wouldn't collapse or cease to exist.\""}
{"_id": "22304", "title": "", "text": "This is rather simple if you understand a trailing limit order but to be sure I am going to explain a limit, trailing limit, and trailing LIT order. I am going to use an example assuming that you already own a stock and want to sell it. Limit Order I place an order to sell 100 PG @ 65.00. This order will only be executed if the bid price of PG is at $65.0000 or greater. Trailing Limit Order I place an order to sell 100 CAT @ 85.25 with a trailing 5%. This order will be executed when CAT drops 5% below the highest point it reaches after you place this order. So if you place this order at 85.25 and the stock drops 5% to $80.9875, your order will be executed. However, if the stock jumps to $98, the order will not be executed until the stock falls to $93.10. The sell point will go up with the stock and will always remain at the specified % or $ amount behind the high point. Trailing Limit If Touched Order I place an order to sell 100 INTC @ 24.75 with a trailing 5% if the stock touches $25.00. Essentially, this is the same as the trailing limit except that it doesn't take effect until the stock first gets $25.00.  I think the page they provide to explain this is confusing because I think they are explaining it from the shorting a stock perspective instead of the selling a stock you want to profit from. I could also be wrong in how I understand it. My advice would be to either call their customer support and ask for a better explanation or what I do in my finances, avoid things I don't understand."}
{"_id": "22327", "title": "", "text": "That's a false analogy.    If somebody took me somewhere to eat that made me sick, that's a direct reflection on their ability to recommend places to eat, but nothing else.  If he's also a top notch electrician, I listen to him when he gives me electrical wiring advice, I just don't let him choose where we go for dinner.  Tiel's presidential choice reflects his political knowledge, and not his ability to be on Facebook's board.  Remember, he's not there to provide political insight, he's there to provide business insight, his area of expertise."}
{"_id": "22338", "title": "", "text": "OP, I was in a similar situation in college. Worked at a large fund doing back office stuff. It was a terrible job, place was out of whack and it was not align with my educational or professional goals. It was a six month program located in Boston and at the time I was in Albany. Had to move out there and I stuck in out for the first three months. Then I realized I wasn't making enough to continue living in Boston and I would of had to delay my graduation, miss a ton of my senior year and would not be able to play on my rugby team. I decided it wasn't worth it, I quit and got a reference from someone else at the firm. Got a full time offer with a reputable firm doing work that is more aligned with my goals.   Nobody is looking out for you except you, especially in this industry."}
{"_id": "22346", "title": "", "text": "\"&gt; I am confused how you spin an \"\"infinite mileage warranty\"\" into something negative  It will increase their costs in a business model which, until recently, lost money on every unit.  It's good news for buyers in the short term. If Tesla goes out of business, however, the infinite-mileage warranty won't make any difference.  And, in the larger picture, if they're out of business, their awesome customer-focused model doesn't really benefit their customers in any way.\""}
{"_id": "22353", "title": "", "text": "\"The short answer is you're tax exempt if the tax laws say you are.  There are a bunch of specific exemptions based on who you are, what you're buying and why. Taking British Columbia as an example. One exemption is supplies for business use: Some exemptions are only available to certain purchasers in certain circumstances. These exemptions include: You can also claim an exemption if you are buying \"\"adult size\"\" clothing for a child under 15 years. Farmers are exempt from sales tax on various goods and services. First Nations individuals are exempt in some circumstances. And so on and so on.\""}
{"_id": "22360", "title": "", "text": "Yes, it is.   The reason they are forced out, is because their homes become so valuable.   If you living in a home that has become worth millions, and can't afford the taxes, then sell up and enjoy your riches.       Should that necessary tax money instead come from the working class, to subsidize millionaires that want to stay in their homes?"}
{"_id": "22378", "title": "", "text": "There's also the option to put most of your stuff into storage and rent an apartment or go to an extended stay hotel.  Some apartments have month-by-month options at a higher rate, though you may need to ask around.   I've known some people to use this as their primary plan because it was easier for them to keep the house clean and ready to show when it's empty.  Basically, this option is to sell your current house then buy the new house with a (hopefully fairly short) transition time in the middle."}
{"_id": "22394", "title": "", "text": "Unsecured loans are loans that have not been \u201csecured\u201d with any kind of collateral. For example, the bank does not have the ability to take your property or automobile if you stop making payments on an unsecured loan. These loans are sometimes referred \u201csignature loans\u201d due to the face your signature on the loan agreement is all that you deliver to the table. Unsecured loans are available in a variety of flavors."}
{"_id": "22401", "title": "", "text": "Cfa charterholder here.  Level 1 is mostly likely yes. Materially is relatively simple.  Levels 2 and 3 will require over 200 hours each. When I passed level 3, I actually recorded the time it took me to study. Was about 236 hours."}
{"_id": "22412", "title": "", "text": "That transaction probably cost the merchant $0.50 + 3% or close to $5.  They should have refunded your credit card so they could have recouped some of the fees. (I imagine that's why big-box retailers like Home Depot always prefer to put it back on your card than give you store credit) Consider yourself lucky you made out with $0.15 this time.  (Had they refunded your card, the 1% of $150 credit would have gone against next month's reward) Once upon a time folks were buying money from the US Mint by the tens of thousands $ range and receiving credit card rewards, then depositing the money to pay it off.. They figured that out and put a stop to it."}
{"_id": "22425", "title": "", "text": "\"From IRS Publication 970 Tax Benefits for Education Note: Qualified tuition programs (QTPs) are also called \"\"529 plans.\"\"  Changing the Designated Beneficiary There are no income tax consequences if the designated beneficiary of   an account is changed to a member of the beneficiary's family. See   Members of the beneficiary's family , earlier.  Members of the beneficiary's family. For these purposes, the beneficiary's family includes the   beneficiary's spouse and the following other relatives of the   beneficiary. regarding ownership changes: Rollovers Any amount distributed from a QTP isn't taxable if it is rolled over   to another QTP for the benefit of the same beneficiary or for the   benefit of a member of the beneficiary's family (including the   beneficiary's spouse). An amount is rolled over if it is paid to   another QTP within 60 days after the date of the distribution. Don't report qualifying rollovers (those that meet the above criteria)   anywhere on Form 1040 or 1040NR. These aren't taxable distributions. Example. When Aaron graduated from college last year, he had $5,000 left in his   QTP. He wanted to give this money to his younger brother, who was in   junior high school. In order to avoid paying tax on the distribution   of the amount remaining in his account, Aaron contributed the same   amount to his brother's QTP within 60 days of the distribution. So it appears that as far as the IRS in concerned the rollover could be done to change ownership as long as the beneficiary was in the same family. It is possible that there could be a state tax issue with the change of ownership, if it changed from a plan in state A to one in state B; and state A treated the original contributions as a tax deduction. So check the guidelines for the specific 529 plan.\""}
{"_id": "22426", "title": "", "text": "Out of the money options often have the biggest changes in value, when the stock moves upward. This person could also gain, by the implied (underlying) volatility of the stock rising if it moves erratically to either side. Still seems to be a very risky game, given only 4 days to expiry."}
{"_id": "22436", "title": "", "text": "There are numerous car repair services around Vegas but only a few are trusted and most reliable. We recommend carrepairvegas.com for you. Visit at 5400 E Tropicana Ave, Las Vegas, NV 89122 or call for inquiries at 702-433-5823. Website:  http://carrepairvegas.com/"}
{"_id": "22456", "title": "", "text": "The joint narrative here is that a Democracy is a poor form of government.  That\u2019s why it is great that we don\u2019t have a Democracy.  We have a republic.  And our Republic is showing fracturing.  What causes fracturing?  It isn\u2019t just difference of opinion, as Madison states.  It is also a refusal to listen to, work with, or acknowledge the legitimacy of the arguments of our opposition or dissenting members.  We fail to communicate properly, holding attitude and superiority above understanding and attention.  You won\u2019t fix a communication issue with a change of government.  Our communication issue has festered into distrust.  How can you trust someone who won\u2019t even acknowledge your point of view?  How can you trust someone who is willing to dust you to save their own skin?  I doubt any government can survive poor communication.  Our government waste can be seen as poor communication as well.  People with one interest refuse to acknowledge their opposition, and put into place inflexible and unsustainable rules.  Those rules address the one issue those people saw, but fail to account for market forces, new social views, geography, or sometimes simple greed.  People love that the first issue is handled, and are willing to watch the ship sink rather than change.  Opposition refuses to acknowledge the reason the rules were originally created. Both sides get defensive, and division increases.  Let\u2019s always look to the source of the issue, that we may cure as close to the root as possible, rather than be content fighting the symptoms."}
{"_id": "22457", "title": "", "text": "I had this thought after I posted the comment. If you are really more interested in the learning and research, you know plenty of math already.  Fields like behavioral finance that are really cool and growing fast and my not require the quant math."}
{"_id": "22469", "title": "", "text": "It is very likely that the fund paid out a dividend in the form of reinvested shares.  This happens with many funds, especially as we come to the end of the year. Here's a simplified example of how it works.  Assume you invested $1000 and bought 100 units at $10/unit.  Ignoring the daily price fluctuations, if the fund paid out a 20% dividend, you would get $200 and the unit price would drop to $8/unit.  Assuming you chose to reinvest your dividends, you would automatically purchase another $200 worth of units at the new price (so 25 more units).  You would now have 125 units @ $8/unit = $1000 invested. In your example, notice that you now have more shares than you originally purchased, but that the price dropped significantly.  Your market value is above what you originally invested, so there was probably also a bit of a price increase for the day.  You should see the dividend transaction listed somewhere in your account. Just to confirm, I did a quick search on ICENX and found that they did indeed pay a dividend yesterday."}
{"_id": "22477", "title": "", "text": "I think that if the price does not go very far up, then your order will open on 101, because you are setting a limit order, if suddenly the price goes up very quickly or with a gep even, then you may not be given a position. But this is with a limit order and it is better to check with the broker. There are also warrants in which you can adjust the price range, for example, from 101 to 103, and at a sharp price jump, it is possible for you and would not give a position at a price of 101, but perhaps 103 would get."}
{"_id": "22483", "title": "", "text": "\"Pay cash.  You have the cash to pay for it now, but God forbid something happen to you or your wife that requires you to dip into that cash in the future. In such an event, you could end up paying a lot more for your home theater than you planned. The best way to keep your consumer credit card debt at zero (and protect your already-excellent credit) is to not add to the number of credit cards you already have.   At least in the U.S., interest rates on saving accounts of any sort are so low, I don't think it's worthwhile to include as a deciding factor in whether not you \"\"borrow\"\" at 0% instead of buying in cash.\""}
{"_id": "22497", "title": "", "text": "Think of GDP growth as a weighted average of all agents in the country that produce goods and services, some grow, some retract, we get an average of ~1.5%.   While the S&amp;P 500 is just the weighted average of the 500 largest **public** companies, and while some shrink, most are growing. They are responsible for a portion of GDP growth, but not all.   Even the Wilshire 5000, which has every public company listed will show growth larger than GDP because of the nature of the companies listed.  Lastly, as time goes to infinity, all companies will grow at the rate of GDP growth, otherwise they'll consume every other company until it is the only one left.  Essentially, exchanges only look at a handful of companies and their performance. GDP looks at all companies in the U$."}
{"_id": "22509", "title": "", "text": "Shopallitems.com is a design and way of life e-store that offers other home, stylistic theme items for your room, lounge, lavatory and yes for your children's rooms as well. Fashionist as can shop from a scope of ladies' apparel, extras, footwear, KITCHEN ACCESSORIES and excellence items. So now, give your home and yourself as well, a moment makeover. Shop at Shopallitems and benefit best online offers amid our consistent online deal and enjoy a spending shopping. Come, investigate all the more just at shopallitems. Shopallitems conveys to you an energizing scope of kitchen adornments that offers powerful use of space and is went with world-class usefulness."}
{"_id": "22519", "title": "", "text": "I think we would be good with paying around $1200 monthly mortgage fees (with all other property fees included like tax etc.) You probably can't get a $250k house for $1,200 a month including taxes and insurance.  Even at a 4% rate and 20% down, your mortgage payment alone will be $954, and with taxes and insurance on top of that you're going to be over $1,200.  You might get a lower rate but even a drop to 3% only lowers the payment $90/month. Getting a cheaper house (which also reduces taxes and insurance) is the best option financially. What to do with the $15k that I have? If you didn't have a mortgage I'd say to keep 3-6 months of living expenses in an emergency fund, so I wouldn't deplete that just to get a mortgage. You're either going to be  Since 1) the mortgage payment would be tight and 2) you aren't able to save for a down payment, my recommendation is for you to rent until you can make a 20% down payment and have monthly payment that is 25% of your take-home pay or less.  Which means either your income goes up (which you indicate is a possibility) or you look for less house.  Ideally that would be on a 15-year note, since you build equity (and reduce interest) much more quickly than a 3-year note, but you can get the same effect by making extra principal payments. Also, very few people stay in their house for 30 years - 5 years is generally considered the cutoff point between renting and buying.  Since you're looking at a 10-year horizon it makes sense to buy a house once you can afford it."}
{"_id": "22533", "title": "", "text": "I don't think the word 'irony' means what you think it means.  If I cared at all about magic internet points, I would dole out downvotes (and upvotes) much more often. The fact that I am not even going to downvote the abject nonsense that you wrote above should speak volumes."}
{"_id": "22545", "title": "", "text": "&gt; All this hate on Wal-mart is coming from over-privileged bloggers who get paid to write stupid bullshit the entire year.   Can you verify this claim? I'm not saying you are wrong, but it would be interesting to know what your motives for attacking the messenger are."}
{"_id": "22554", "title": "", "text": "It's actually embarrassing how bad some of our infrastructure is. If you've ever spent time in most of western Europe or the more modernized Asian cities, you'll realize that our infrastructure and public transit is essentially far behind the other leading countries in the world. It's a complicated topic, and there are a lot of reasons why (much of our public transit was built decades before European and Asian public transit, the State vs. Federal funding model, etc), but it's an issue that needs to get fixed and should be getting bipartisan support."}
{"_id": "22559", "title": "", "text": "Your nazi publication lied (which is admittedly goes without saying)  These changes will result in the reduction of up to 12,000 positions **globally**    Why do you hate my country so much you would spread anti-American propaganda?"}
{"_id": "22562", "title": "", "text": "\"I don't know how many people \"\"a ton\"\" is, but if you are getting more than, say, 6 people who are qualified to rent, you've priced it too low. Better to ask for $1200, and have a potential tenant haggle or ask you to reduce the price than to have 6 people want it for $900.  It's worth it to run a credit report, and let that help you choose. I agree with Victor, a bidding war is appropriate for a house sale, not rental apartments.  You didn't mention your country, but I'd be sure to find out the local laws regarding tenant choice. You may not (depending where you are) discriminate based on gender, sexual orientation, marital status, race, or religion.\""}
{"_id": "22578", "title": "", "text": "Be cognizant of your own limitations when approaching this material.  I've dealt with lawyers, doctors, engineers and other highly intelligent people from other disciplines, who then try to learn about companies and the stock market.  Their own arrogance and assumption that they can just learn anything *quickly* ends up hurting them.  It can take years and real classical training of finance to understand this material with any depth.  Someone is wrong (a fool) in every trade.  There is someone who is going to make money and lose money.  Odds are the fool is you."}
{"_id": "22592", "title": "", "text": "The article made it seem like a lot of these were frivolous purchases, but I doubt there's any clear data on the percent that were someone's primary vehicle, etc. Usually if you default on a new-car loan you can still get a high-interest loan for a used car that will still be a lot less than your old payment."}
{"_id": "22596", "title": "", "text": "\"Too many of my fellow Americans are obsessed with policing each other's sobriety.  Couple that with privatized healthcare / insurance and a bunch of companies will drug test just to keep their rates down.  Anyone who criticizes it will be shamed for \"\"Wanting to get high\"\".\""}
{"_id": "22599", "title": "", "text": "The easiest way would be to set up a common savings account. Most of them pay some meager interest rate, and over one night it would be especially meager.  A Certificate of Deposit is another way, but you'd have to lock the funds in for an extended period of time."}
{"_id": "22605", "title": "", "text": "\"When I heard the Facebook IPO was finally happening I remember saying, \"\"This is going to be like a feeding frenzy. The ultimate showcase of everything that is wrong with the stock market. It will be automated trading and big money tearing every penny it can from the pockets of 'speculators' who think investing in a business you believe in is a sound investment.\"\"\""}
{"_id": "22611", "title": "", "text": "\"It's either equal weighted or market cap weighted,  not both. This one appears to be equal weighted.  \"\" S&amp;P Pharmaceuticals Select Industry Index (SPSIPH) is an equal-weighted index that draws constituents from the GICS sub-industries that contain companies involved in pharmaceutical related activities. Liquidity and market capitalization screens are applied to the indices to ensure investability\"\"  http://www.amex.com/amextrader/tdrInfo/data/axNotices/2006/valert2006-17.html\""}
{"_id": "22637", "title": "", "text": "&gt; Point being, the problem hasn't been fixed. The deficit went from enormous in 2009 to simply large today.  Deficit is currently at 2.3% of GDP. The USA is analogous to a person who is making $200,000/year, has $120,000 in debt, and took on an additional $6,000 in debt this year. The $6000 number (the deficit) is not the large number in this equation.   The other piece of course is that this person consistently gets raises that meet or beat inflation."}
{"_id": "22642", "title": "", "text": "Self-Controlled Energo Neuro Adaptive Regulation (SCENAR) device is one of the most effective medical devices developed by medical science in order to treated acute and chronic pain. This device is manufactured by Russians but today available at most of the healthcare centre. For more information please visit scenar.biz."}
{"_id": "22651", "title": "", "text": "Generally just giving a Bank Account Number does not cause damage. It depends on what other information the user has and the country you are in.  Generally Bank take telephone instruction for certain [non-transactional] activities , and they would authenticate you by asking account number, address, date of birth and some additional info. In today's world this info can be pretty easily accessible, for example facebook or a details posted on Jobsites etc. It is best avoided to give the bank account details, unless you are sure of the person.  Typical other misuse is using your bank account to Launder black money. The typical modus is transfer funds to you and then ask you to transfer it elsewhere. At times its also a scam and you loose money as they trick you in sending money before you receive it."}
{"_id": "22653", "title": "", "text": "I would suggest equity research, or as mentioned, consulting. You could go into IB. Your main hindrance is your age, how long has it been since you finished your PhD?  Equity Research: you will analyze companies, on an individual and micro basis, and provide macro point of views on the industry etc.   Sales/Trading: you will not get a job in trading, sales...maybe, if you get a bank large enough that has a healthcare/industrial chemicals sales positions, but this is a job that requires you to be able to sell your bank's point of view to large, very sophisticated clients, and provide them with better ideas than other sales guys, so that they will trade with your bank...can you learn finance and the industry fast enough? You would be better off working in a buy side shop (there are tons in boston)  IB: never met anyone that likes ib. depends on the bank but even mid market small banks it is 80hr weeks on avg. bulge bracket its 100. but you would likely start as an associate, (if at all) so that would go down really fast, (3-5 yrs to vp)  If you went to a top tier school, find alum from your school that work at banks and talk to them first, a 30 min conversation with anyone is incredibly useful. Just ask them how to get in. Also make sure you know all the capital markets firms in your area, know what all the fields are from a basic level (read the shit on wallstreetoasis etc) so that you dont waste time when talking to people.   You will likely need a CFA level 1 to get any traction, unless you can find some people that are willing to pull for you, which you will find is actually more simple than it seems - people love helping their alma matter, and every firm is always looking for smart people. anyways, sign up for the december 2012 cfa exam, and download/buy the schweser notes (don't read the actual books) this will be a great refresher about finance and economics even if you don't end up switching careers.  actual answers to your questions 1) yes 2) start as an associate in ib, spend 3 years doing bs, and workin average 90hrs a week, either quit of become vp and start selling work vs doing it 3) ib: immediate sales/trading: immediate, buy side: varies on the firm, size, performance, could be immediate, could be the year after, or you could get fired after 3 months because your phd isnt as useful as they thought it was. 4) mentioned above...a few years, its managable, suck it up 5) no sorry   goodluck"}
{"_id": "22688", "title": "", "text": "Yes though I'd likely put a caveat on that. If you take short-term investments and extrapolate the results to get an annual result this can be misleading. For example, if a stock goes up 10% in a month, assuming this will continue for the next 11 months may not be a great idea. Thus, beware of how much data do you have in making these calculations. When looking at long-term investments, the compound annual growth rate can be quite useful for comparison."}
{"_id": "22704", "title": "", "text": "&gt; The European economy was not utterly doomed before the Euro, therefore the fall of the Euro does not doom their economy.  I'm not sure how that's related at all.  Just because at some random point in time, the European economy was doing OK, doesn't mean that it will definitely be ok again in the future after a jarring multi-national currency shift.  There are tons of other factors in play.  First of all, who's going to accept drachma again?  What is it worth?  What about pesata and lira?  These currencies haven't been used in over a decade.  Who is going to value them?  Who is going to accept them?  What happens when the Greeks default?  When their pension checks start bouncing?  This is what Germany is fearing.  Who is going to buy their products when there is a major currency crisis going on?"}
{"_id": "22710", "title": "", "text": "How is it a write off? I write off my mortgage interest, it reduces my taxable income, but has no impact on my EBIT.  If I paid workers more, my EBIT would go down and, due to this, my taxable income would go down.  One is independent of my earnings, the other is a function of it.  The former is a write off, the latter isn't, right?"}
{"_id": "22719", "title": "", "text": "\"This seems like a risky setup.  All it takes is one missed or delayed transfer for you to overdraw your \"\"savings\"\".  There is a benefit to keeping your regular expenses and savings separate, and I can see some benefits in having multiple checking accounts depending on how you organize your finances, but I don't see a benefit to having a paycheck go to one account and all regular spending (and \"\"savings\"\") come from another.  It requires some regular maintenance to transfer money over to use for regular spending.  I suppose if you have a checking account that earns interest, but requires direct deposits, and a savings account that earns slightly higher interest you could squeeze out a bit, but it's probably not worth the effort these days unless you have a LOT of money going in and out. Also, it should not be easy to tap into savings, but your day-to-day spending should be very accessible.  All those factors suggest (to me) that your paycheck should go into your regular spending account, and keep your savings separate.\""}
{"_id": "22732", "title": "", "text": "Cause the ads are so fucking annoying. They advertise stuff I don\u2019t care about way too often and it\u2019s the same ad over and over again. Every time I listen to sound cloud in the car and there is an ad I turn the volume all the way down."}
{"_id": "22742", "title": "", "text": "\"&gt;Insurance: Uber/Lyft only insure their drivers while they are loaded. Meaning any other time they are driving around, even if they are driving to a call, they aren't insured. If they get in a wreck, their own car insurance won't cover it because they don't have taxi insurance which is a shit load more expensive than regular car insurance.  That's not a taxi regulation, that's just a driving regulation: all vehicles must be insured. Are you saying that Uber/Lyft aren't even following the laws of the road?  &gt;Red-lining: Red-lining is where taxi companies will not server certain neighborhoods, meaning they will neither pick up nor drop off in the area.  Taxi regulations actually allow red-lining by restricting service areas: \"\"sorry, I don't go to x town - I'm only licensed for y town.\"\" Even with the regulations, taxis do it anyway. That's why they ask for your destination before they give you an ETA on pickup   &gt;Discrimination: All classes are protected under taxi regulations with serious repercussions for discrimination. This also includes people with disabilities, like the blind and those in wheel chairs.  That's just a part of the general law: industry regulations are redundant there.  &gt;Rates: Taxi rates are typically approved by the city so that companies can't ~~constantly change them~~ compete with each other and drive the prices down  Rate-setting isn't a good thing.  &gt;They need to obey the same laws that taxi companies are  Yep. The taxi regulations should largely be repealed: they've outlived their usefulness\""}
{"_id": "22755", "title": "", "text": "The only problem I have with Toyota is their design. Why should I buy a recent Corolla when a Civic is so much more technologically advanced? It looks like Toyota is changing their design language with the Camry though. Fingers crossed that they keep it up."}
{"_id": "22763", "title": "", "text": "\"NO, IT ISN'T.   You would give my economist friend an aneurysm with this article.   If you remove yourself from the labor market why should you be counted as unemployed? That's like calculating the odds of the lottery by including those who stopped buying tickets because they lose too much. It's nonsense!   It may be unfortunate that you've become discouraged and given up but by bowing out you are no longer technically \"\"unemployed\"\" by the official numbers.\""}
{"_id": "22777", "title": "", "text": "If this happened, first you would be breaking the law for driving without insurance. Second, my uninsured motorists insurance would cover it.   Third, your personal net worth is not zero. You are the owner of all those corporations which happen to own those assets. I could sue you and you would have to liquidate your stakes in those corporations. Your example is just saying someone doesn't have any assets if all their cash is tied up in stocks (equity ownership of corporations). If you're argument held true in court, no one could sue anyone successfully, because everyone would just put all their money in equities before a lawsuit."}
{"_id": "22784", "title": "", "text": "Japan currently has an economy roughly twice the size of Canada's. I'm not sure how fast Japan is growing but I think New York state might pass Canada's GDP in the next few years so i don't see Canada getting to Japan's level anytime soon."}
{"_id": "22793", "title": "", "text": "\"I think he is trying to grasp at a marketable slogan here to see what would grab a lot of attentio to allow them to make a lot of money at his company.  It sounds like \"\"4 hour workweek\"\" kind of thing. everyone knows its bs, there is no way you can work for 4 hours and make a lot of money in a week, buts its this kind of fantasy that buyers are willing to pay money for. not different from other ideas that worked in the market\""}
{"_id": "22804", "title": "", "text": "If you don't have other installment loans on your credit report, adding this one could help your credit. That could potentially help you get a better interest rate when you apply for a mortgage. There are positive and negative factors. Positive: Negative:"}
{"_id": "22805", "title": "", "text": "\"Compound Stock Earnings, CSE principals Joseph Hooper and Aaron Zalewski are nationally syndicated radio talk shows hosts (listen to archives), investors, financial educators and authors of the all time best selling book on its topic, \"\"Covered Calls and LEAPS: A Wealth Option\"\".\""}
{"_id": "22807", "title": "", "text": "Genius answer: Don't spend more than you make. Pay off your outstanding debts. Put plenty away towards savings so that you don't need to rely on credit more than necessary. Guaranteed to work every time.  Answer more tailored to your question: What you're asking for is not realistic, practical, logical, or reasonable. You're asking banks to take a risk on you, knowing based on your credit history that you're bad at managing debt and funds, solely based on how much cash you happen to have on hand at the moment you ask for credit or a loan or based on your salary which isn't guaranteed (except in cases like professional athletes where long-term contracts are in play).  You can qualify for lower rates for mortgages with a larger down-payment, but you're still going to get higher rate offers than someone with good credit.  If you plan on having enough cash around that you think banks would consider making you credit worthy, why bother using credit at all and not just pay for things with cash?  The reason banks offer credit or low interest on loans is because people have proven themselves to be trustworthy of repaying that debt. Based on the information you have provided, the bank wouldn't consider you trustworthy yet. Even if you have $100,000 in cash, they don't know that you're not just going to spend it tomorrow and not have the ability to repay a long-term loan. You could use that $100,000 to buy something and then use that as collateral, but the banks will still consider you a default risk until you've established a credit history to prove them otherwise."}
{"_id": "22815", "title": "", "text": "I tend to disagree. I think Amazon will find that as soon as it tries to raise prices to make a profit that people will type 'walmart' instead of 'amazon'. See how easy that was?  Services are a good business too but the competition there is also vicious.  Further, the piper has to be paid eventually. Sure Amazon has great cash flow now but the assets they are acquiring are going to depreciate and need constant maintenance/replacement. They're building an extremely capital intensive business and all that profit-free growth is going to look more and more expensive as time goes by, IMO.  People can argue all day...it's kinda pointless. You've probably made a lot in Amazon, I've made a lot in Apple. i prefer Apple because it's also huge AND turns a ridiculous profit. If I have to pick a company I'll pick the undervalued one with huge profits AND huge cash flow. That's a doubleplus good."}
{"_id": "22819", "title": "", "text": "That was a quote from the article itself... There's a good link involved in that excerpt... Read it...  Job lock is a real thing... That's the only reason people remain at the large corporations that treat them just like a number and don't give a crap about them...  People work for large companies with fucked up schedules, commutes and often health detrimental duties... Yet they don't want to adventure to the unknown where there's a chance they will not get the same benefit package...  As anecdote, I live in Rural Washington state, a lot of Union people travel to Seattle for work...  This is a very long, and stressful commute, I-5, 16, and 405 are not fun... Some of them will spend upwards of five or six hours a day just on the road... when you ask them why... It's because of the pay and the benefit package... when you factor in the extra hours of driving, the pay really is not that huge of a difference, and the toll on your body that that kind of commute takes is horrific... But they wouldn't dare look at small companies Closer by that may not be able to offer them the pension, and health insurance plan that is mandated when working for Amazon, or building for JP Morgan...  So they just give in, become a number, and on paper, and empirically, it is a net gain... But the intangible effects on their psyche, happiness, are quite clear...."}
{"_id": "22834", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-01/illinois-blows-budget-deadline-pushing-it-closer-to-junk-rating) reduced by 86%. (I'm a bot) ***** &gt; Illinois entered its third straight fiscal year without a budget as Republican Governor Bruce Rauner and Democratic lawmakers struggle to agree on how to rein in the government&amp;#039;s chronic deficits, pushing it closer toward becoming the first junk-rated U.S. state.  &gt; Illinois legislators failed to enact a budget by the end of Friday, the last day of the budget year.  &gt; The partisan gridlock has created the longest budget standoff ever for a state, according to the National Conference of State Legislatures.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ko0r0/illinois_blows_budget_deadline_pushing_it_closer/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~156979 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **Illinois**^#2 **budget**^#3 **Rauner**^#4 **without**^#5\""}
{"_id": "22849", "title": "", "text": "\"The SEC regulation on insider trading is \"\"engage in the purchase and sale of any security on the basis of material non public information\"\".  The case I remember off the top of my head is Kodak developing an instant photo camera in the 1970s, and about 4 months before Kodak made this knowledge public, the CBOE had to close options trading on Polaroid because they had an excessive buildup of uncovered short positions.\""}
{"_id": "22856", "title": "", "text": "For a parent deciding on contributing to a 529 plan the first consideration is the plan run by the state government that will trigger a state income tax deduction. You do have to at least look at the annual fees for the program before jumping into the state program, but for many people the state program offers the best deal because of the state tax deduction. Unfortunately for you California does not offer a state tax deduction for 529 plan contributions. Which means that you can pick another states program if the fees are more reasonable or if the investing options are better. You can even select a nationwide plan unaffiliated with a state. Scholarshare is run by TIAA-CREF. TIAA-CREF is a large company that runs pension and 403(b) funds for many state and local governments. Many teacher unions use them.  They are legitimately authorized by the state of California: The ScholarShare Investment Board sets investment policies and   oversees all activities of ScholarShare, the state\u2019s 529 college   investment plan. The program enables Californians to save for college   by putting money in tax-advantaged investments. After-tax   contributions allow earnings to grow tax-deferred, and disbursements,   when used for tuition and other qualified expenses, are federal and   state tax-free. The ScholarShare Plan is managed by TIAA-CREF Tuition   Financing, Inc. The ScholarShare Investment Board also oversees the Governor\u2019s   Scholarship Programs and California Memorial Scholarship Program. note: before picking a plan from another state make sure that they allow outside contributions."}
{"_id": "22894", "title": "", "text": "This.  Test waters first. As humans, we are affected by different biases and sometimes we just want to believe. I know a couple of dudes who invested shit ton of money in trying to launch a startup which they didn't vet properly beforehand. They ended up modifying their idea multiple times, but nothing clicked. They say they learnt a lot. But I think they just failed."}
{"_id": "22897", "title": "", "text": "Barcode allows you to create a barcode graphic by providing barcode data, encoding type, and output file format. Barcode generator software generates printable barcodes for images. A world leader in barcode verification, has achieved accreditation under the new Solution Provider Accreditation scheme from GS1 UK. For more information about Barcode Please Contact us +44 (0)1869 351166."}
{"_id": "22916", "title": "", "text": "On expiry, with the underlying share price at $46, we have : You ask :  How come they substract 600-100. Why ? Because you have sold the $45 call to open you position, you must now buy it back to close your position.  This will cost you $100, so you are debited for $100 and this debit is being represented as a negative (subtracted); i.e., -$100 Because you have purchased the $40 call to open your position, you must now sell it to close your position.  Upon selling this option you will receive $600, so you are credited with $600 and this credit is represented as a positive (added) ; i.e., +$600. Therefore, upon settlement, closing your position will get you $600-$100 = $500.  This is the first point you are questioning.   (However, you should also note that this is the value of the spread at settlement and it does not include the costs of opening the spread position, which are given as $200, so you net profit is $500-$200 = $300.) You then comment :  I know I am selling 45 Call that means : As a writer: I want stock price to go down or stay at strike. As a buyer: I want stock price to go up. Here, note that for every penny that the underlying share price rises above $45, the money you will pay to buy back your short $45 call option will be offset by the money you will receive by selling the long $40 call option.  Your $40 call option is covering the losses on your short $45 call option. No matter how high the underlying price settles above $45, you will receive the same $500 net credit on settlement.  For example, if the underlying price settles at $50, then you will receive a credit of $1000 for selling your $40 call, but you will incur a debit of $500 against for buying back your short $45 call.  The net being $500 = $1000-$500.  This point is made in response to your comments posted under Dr. Jones answer."}
{"_id": "22932", "title": "", "text": "Probably cause their entire paycheck is barely enough to cover the necessities like groceries and rent and utilities. Let alone small (in Western terms) luxury items like being able to own and upkeep your own vehicle vs public transportation, or having some kind of entertainment budget. Especially if you have a child."}
{"_id": "22941", "title": "", "text": "\"The problem with the proposed plan is the word \"\"inevitable\"\". There is no such thing as a recovery that is guaranteed (though we may wish it to be so), and even if there was there is no telling how long it will take for a recovery to occur to a sufficient degree. There are also no foolproof ways to determine when you have hit the bottom. For historical examples, consider the Nikkei. In 2000 the value fell from 20000 to 15000 in a single year. Had you bought then, you would have found the market still fell and didn't get back to 15k until 2005...where it went up and down for years, when in 2008 it fell again and would not get back to that level again until 2014. Lest you think this was an isolated international incident, the same issues happened to the S&P in 2002, where things went up until they fell even lower in 2009 before finally climbing again.  Will there be another recession at some point? Surely. Will there be a single, double, or triple dip, and at what point is the true bottom - and will it take 5, 10, or 20+ years for things to get back above when you bought? No one really knows, and we can only guess.  So if you want to double down after a recession, you can, but it's important you not fool yourself into thinking you aren't greatly increasing your risk exposure, because you are.\""}
{"_id": "22948", "title": "", "text": "That is a such a myopic point-of-view (and one that's typically only found in the valley).  There are millions of family-owned businesses in the country that provide for the owners and their employees for years.  The best companies I've ever worked at are run by people who are doing what they love rather than trying to flip the business and cash out."}
{"_id": "22953", "title": "", "text": "&gt; because a 5-10% adverse move in an exchange rate is highly consequential to the bottom line.  But... didn't you just describe bitcoin? Rather than a 5-10% in the exchange rate of a stable currency, you're seeing orders of magnitude higher volatility.  It's going up now, but it can flash crash in a second since there is no real backing for the currency."}
{"_id": "22960", "title": "", "text": "Paypal does it differently in different countries, depending on how the system in that country works. That is why it is not a service that is available everywhere - rules and systems differ. In the US it is done through the ACH system (US internal inter-bank transfer system). It is the same system used to process checks. I know that in several countries, PayPal deposits/withdraws money through credit cards (it is not possible in the US to the best of my knowledge). In the US we can withdraw money from PayPal by check or ACH transfer to the bank (or by using their own debit card)."}
{"_id": "22961", "title": "", "text": "\"You cant! There is the risk that between the time you get the check and the time you get to the bank that you will be murdered, have a heart attack, stroke, or aneurysm too.  And they are probably more likely than the bank going out of business between the time you deposit the money and get access to it. Prior to accepting the check I would do the following: Get a lawyer that specializes in finance and tax law.  There are some steps you can take to minimize your tax exposure.  There is little you can do about the immediate tax on the winnings but there are things you can do to maximize the return of your money.    You will want to do what you can to protect that money for yourself and your family.  Also create or revise your will.  This is a lot of money and if something happens to you people from your family and \"\"friends\"\" will come out of the woodwork trying to claim your money.  Make sure your money goes where you want it to in the event something happens to you. Get a financial planner.  This money can either make you or break you.  If you plan for success you will succeed.  If you trust yourself to make good decisions with out a plan, in a few years you will be broke and wondering what happened to your money. Even at 1% at 20million dollars that is 200k a year in interest... a pretty good income by itself.  You do not have to save every penny but you can plan for a nice lifestyle that will last, if you plan and stick to your plan. Do research and know what bank you are going to deposit the money in.  Talk to the bank let them know of your plans so they can be ready for it.  It is not every day that they get a 20 million dollar deposit.  They will need to make plans to handle it.  If you are going to spread the money out among several banks they can prepare for that too. When choosing that bank I would look for one where their holdings are significantly more than you are depositing.  I would not really go with one of the banks that was rescued.  They have already shown that they can not handle large sums of money and assuming they will not screw it up with my money is not something I would be comfortable with.  There were some nice sized banks that did not need a bail out.  I would choose one of them.\""}
{"_id": "22992", "title": "", "text": "Irrespective of the number of years the company has been in existence or the quality of services provided by them, it is important that, the home cleaning service provider should hold a valid license, for undertaking the jobs. Ensure that, the registration papers of the company are in place."}
{"_id": "22997", "title": "", "text": "Standard Chinese business playbook.   1. Hire subject matter expert to establish new business operations.   2. Hire a local Chinese workforce to follow the subject matter expert around and make notes of everything he or she does for the next 2 to 3 years.  3. After three years, get rid of the foreign subject matter expert. Use all of the knowledge they have extracted from the individual including intellectual property and other trademarked information.  4. Rinse and repeat."}
{"_id": "22998", "title": "", "text": "You can put it in a CD, or use a CD investment service like http://www.jumbocdinvestments.com/ (no affiliation)."}
{"_id": "23013", "title": "", "text": "\"I manage a bunch of rental cabins in a rural area that only has access to phone and internet with CenturyLink.  We have 16 accounts with them.  They are, by significant measure, one of the worst companies I've ever dealt with (worse than Comcast).  I've long wondered how long it would take for the rest of the country to figure this out since Comcast and TWC tend to get all the anger.  CenturyLink is far worse.  Sheer management-level incompetence where it takes 10-15 minutes to find an account in 4 or 5 different CRM systems, passed back and forth between different parts of the globe.  Zero remorse for missing appointments and, apparently, no ability to record that appointments were missed and fix/make up for it.  I could go on and on.  Do everything you can to steer clear of CenturyLink.  PS.  And yes, the phantom \"\"what the fuck is that!!\"\" charge suddenly showing up on your account has happened to us too.  PPS. Another awesome thing - the DSL packages they sell in rural areas that flatly do. not. work.  Rebooting routers a dozen times per day.  Speeds (when working) of .3 or .4 mbps.  Half of the internet accounts we pay for are worthless.\""}
{"_id": "23016", "title": "", "text": "While one credit provider (or credit reference agency) might score you in one way, others may score you differently including treating different things that contribute to your score differently. Different credit providers may also not see all of your credit score as potentially some data may not be available to all credit suppliers. Further too many searches may trigger systems that recognise behavior that is a sign of possible fraudulent activity (such as applying for many items of credit in a short space of time). Whether this would directly affect a score or trigger manual checks is also likely to vary. In situations like this a person could have applied for (say) a dozen credit cards, with all the credit checks being performed before there is any credit history for any of those dozen cards."}
{"_id": "23036", "title": "", "text": "Why should he? It is filled with illegal things. What's the problem? You can't talk about religion anywhere but caves? Religious jokes a religious joke. Or are you offended for other reasons?   Telling someone to stfu. Nice. Herp derp."}
{"_id": "23041", "title": "", "text": "This doesn't seem smart, but people also seem unable, or unwilling, to do the smart thing vs the thing they want to do.  In other news, the average car price is over $34,000, which is 63% of median household income.  Compare that with 1985, when the average cost of a new car was 38% of median income.  So, yeah, it's not surprising that there's a desire to stretch that out a bit.  But cars last longer, too.  So there's that."}
{"_id": "23042", "title": "", "text": "Competition is good. Google promoting its' own services and potentially endangering industries isn't.  The purpose of the technology is to foster innovation and competition, not allow one megadon of a company abuse its' position to muscle in on every industry that exists."}
{"_id": "23047", "title": "", "text": "Anyone who claims they can consistently beat the market and asks you to pay them to tell you how is a liar. This cannot be done, as the market adjusts itself. There's nothing they could possibly learn that analysts and institutional investors don't already know. They earn their money through the subscription fees, not through capital gains on their beat-the-market suggestions, that means that they don't have to rely on themselves to earn money, they only need you to rely on them. They have to provide proof because they cannot lie in advertisements, but if you read carefully, there are many small letters and disclaimers that basically remove any liability from them by saying that they don't take responsibility for anything and don't guarantee anything."}
{"_id": "23060", "title": "", "text": "\"Trump called it \"\"controls\"\" rather than owns.  He is firmly remaining as the CEO and is the largest shareholder so that's a moot point.  That is still $85 billion in shares.  If Trump wipes off only 10% in stock price with his constant threats of taxes and breaking up a monopoly, that would cost Bezos $8.5 billion.  If Trump does break up Amazon then Bezos may lose much more.  Trump explained to Fox News, \"\"This is owned as a toy by Jeff Bezos who controls Amazon. Amazon is getting away with murder tax-wise. He's using the Washington Post for power so that the politicians in Washington don't tax Amazon like they should be taxed,\"\" Trump said. Trump added that he read somewhere that Bezos was worried Trump would go after him for anti-trust violations.\""}
{"_id": "23074", "title": "", "text": "Freehold is simple - it's when you own the building and the land it's on.  There's no rent to pay (but you will still have to pay taxes!). Leasehold is when the property is leased - rented out for a fixed period that could be anything from 6 months to 199 years.  There will be a rent to pay.  The person who owns the property is still the freeholder. There may be some confusion caused by what is being sold.  You can buy out a lease from the current leaseholder.  It's also possible to buy the freehold of a property that is currently leased to someone else. It is also possible to have a freehold building on leasehold land."}
{"_id": "23077", "title": "", "text": "I fear it's too far gone at this point. When I was a kid in the 70s &amp; 80s, Sears was probably the main place we shopped. I always loved when the Christmas Wish Book arrived, meant it was time to start on my letter to Santa. These days, the few times I wander into a Sears it's sad, it's often a disheveled mess and there's barely any customers."}
{"_id": "23097", "title": "", "text": "\"It's correct.   Be sure of your personal opportunity cost and not that you're letting the tax tail wag the dog just to score \"\"tax free\"\".  Your upside is $3,700 (single) or $7,000 (married) in taxes saved until you're out of the 0% zone.  Is that worth not receiving an income? Even if your savings are such that you don't need to work for income for a fiscal year, how would this affect the rest of your career and lifetime total earning prospects?  Now, maybe: Otherwise, I'd hope you have solid contacts in your network who won't be fazed by a resume gap and be delighted to have a position open for you in 2019 (and won't give you the \"\"mother returning to the workforce\"\" treatment in salary negotiations).\""}
{"_id": "23102", "title": "", "text": "Generally by limiting imports, you are forcing increased production in your own economy that is not as efficient as just buying it from outside. May make sense if it were actual war, but as an economic punnishment, it just makes Russia more inefficient. Germany can just lower production or find new buyers for the long term. TTIP could move forward a bit faster and Germany wouldn't even notice.  This is stupid for Russia, but Putin is just riding on nationalism more than any particular policy at this point."}
{"_id": "23106", "title": "", "text": "Depending on the particulars, you could get an Amex Serve account, load it into your Serve account, have them send a check for $150 to a family member of yours, and then have your family member transfer $150 to you seperately."}
{"_id": "23108", "title": "", "text": "More shares mean less volatility because it takes a larger number of trades, a larger number of shares per trade, or a combination of both to raise or lower the stock price. Institutional investors (mutual funds, pensions, hedge funds, other investment firms, etc) are the sorts of organizations with the large amounts of money needed to move a stock price one way or the other.  But the more floating shares there are in a company, the harder it is for one or two firms to move a stock price.  A company with fewer floating shares wouldn't require as many trades (or as many shares per trade) to see wider swings in price. When it comes to stock price, insider trading isn't the same as manipulation.  In the (surprisingly few) cases of insider trading that are prosecuted, it tends to be an individual (or small group) with early access to information that the broader market doesn't have being able to buy or sell ahead of the broader market.  Their individual sales are seldom if ever enough to noticeably move a stock price.  They're locking in profit or limiting a loss.  Manipulation might (but doesn't always) precede insider trading, if misinformation (or truth) is released for the purpose of creating a situation that can be profited from via a trade or trades."}
{"_id": "23115", "title": "", "text": "I understand what the headline is trying to say, but there is more to Amsterdam than just pot (and prostitutes). Amsterdam is a super cool and historic place with great people and culture. Vegas is just... Well it is Vegas. They really aren't alike, and pot dens aren't going to make them similar."}
{"_id": "23116", "title": "", "text": "\"Between 1 and 2 G is actually pretty decent for a High School Student.  Your best bet in my opinion is to wait the next (small) stock market crash, and then invest in an index fund. A fund that tracks the SP500 or the Russel 2000 would be a good choice. By stock market crash, I'm talking about a 20% to 30% drop from the highest point. The stock market is at an all time high, but nobody knows if it's going to keep going.  I would avoid penny stocks, at least until you can read their annual report and understand most of what they're claiming, especially the cash flow statement. From the few that I've looked at, penny stock companies just keep issuing stock to raise money for their money loosing operations.  I'd also avoid individual stocks for now. You can setup a practice account somewhere online, and try trading. Your classmates probably brag about how much they've made, but they won't tell you how much they lost.  You are not misusing your money by \"\"not doing anything with it\"\". Your classmates are gambling with it, they might as well go to a casino.  Echoing what others have said, investing in yourself is your best option at this point. Try to get into the best school that you can. Anything that gives you an edge over other people in terms of experience or education is good. So try to get some leadership and team experience. , and some online classes in a field that interests you.\""}
{"_id": "23121", "title": "", "text": "\"In Canada, for example, they are expected or required to find out. They call it, The \u201cKnow Your Client\u201d rule, part of which is knowing your \"\"Investment knowledge and experience\"\". They say it is, \"\"to ensure their advice is suitable for you\"\". I have always been given that kind of form to fill in, when opening an account.\""}
{"_id": "23142", "title": "", "text": "\"What he said was:  &gt;Short term returns show \"\"fat tails\"\" in their distribution.  This means that in the short run, rare events in the stock market, like huge up and downswings, happen much more often than you would expect given the circumstances.  &gt;Long term returns converge towards a gaussian distribution.   This means that long term changes in stock prices show about the level of swings you would expect to see.  &gt;The authors think there's a connection between this and the \"\"long memory\"\" of &gt;volatility (i.e. that the autocorrelation of absolute volatilities also has a fat tail).  Auto-correlation is the idea that an event is closely related, or depends upon, a previous event.  It shouldn't be a surprise that prices can depend on previous prices.  (Contrast this with a coin toss.  Each time you toss the coin, the result is independent of any previous result.)  Normally, you would use an estimate of auto-correlation to test the randomness of your time series.  Unless you have good reason to do otherwise, you use the standard normal (or Gaussian) distribution to do so.  Some previous study, or perhaps this one, may have found that the distribution of their auto-correlation estimates for volatility (change in prices)  is not normally distributed, but rather that extreme values happen more often than would be expected (fat tail).  These guys find a correlation between the short term return fat tails, the normally  distributed long term returns, and a previous finding that the auto-correlation of volatility may have fat tails, and they think that these things could be more than simply coincidence.\""}
{"_id": "23148", "title": "", "text": "\"No, it isn't generally believed that inflation is caused by individual banks printing money.  Governments manage money supply through Central Banks (which may, or may not, be independent of the state). There are a number of theories about money supply and inflation (from Monetarist, to Keynesian, and so on). The Quantity Theory of Inflation says that long-term inflation is the result of money-supply but short-term inflation is related to events/local conditions. Short-term inflation is a symptom of economic change.  It's like a cough for a doctor.  It simply indicates an underlying event. When prices go up it encourages new producers to enter the market, create new supply which will then act to lower prices.  In this way inflation is managed by ensuring that information travels throughout the economy.  If prices go up for specific goods, then - all things being equal - supply should go up since the increase implies increasing demand.  If prices go down then this implies demand has gone down and so producers will reduce supply. Obviously this isn't a perfect relationship.  There is \"\"stickiness\"\" which can be caused by a whole bunch of market conditions (from banning of short-selling, to inelasticity of demand/supply). Your question isn't about quantitative easing (which is a state-led way of increasing money-supply and which could increase inflation but is hoped to increase expenditure and investment) so I won't cover that here. The important take-away is that inflation is an essential price signal to investors and business people so that they can assess market cycles.  Without it we would end up with vast over- or under-supply and much greater economic disruption.\""}
{"_id": "23172", "title": "", "text": "So if my father signed up for the military at age 18, became an officer, worked 30 years and spent very little (buying used cars eating in &amp; having roommates) to afford to buy me a car and pay for my education.  An education Where I worked worked extremely hard at to become a civil engineer with a high GPA and spent at least 100 hours perfecting my resume and interview skills to get a high paying entry level job where I replicate my fathers habits while being single, choosing to not have children until I build capital, learn to invest in my free time, and live off of 35% of my income by leveraging wealth and having roommates.   Your telling me that since I am able to retire at age 35 on my current plan it is all due to luck? Luck?   Sure I'm thankful that my dad sacrificed and gave me a privileged life with free education but that wasn't luck, that's hard god damn work and I thank him everyday what he did for me. To tell me it's luck is borderline crazy.   If you didn't have what I stated above be the person who works his ass off so your kids can have the privilege to retire at 40 if they make SMART choices.  Or better yet, borrow capital to get an education that pays you 60,000 pay it back and retire at 40? Stop trying to act like it's impossible. Investing isn't gambling, it's foolish to think so. If you invest in index funds it will grow over a long period of time.   The medical scenario is completely different and is mostly caused due to a lack of a free market and insurance system. This is effed and should be fixed as a wealthy society.   ^^^^there are ways to ensure you have medical coverage but again, it's difficult and should be made easier."}
{"_id": "23187", "title": "", "text": "Yeah, hugely telling that it took 1500+ cancellations from one number before they noticed? None of their metrics or reports flagged this before? I've never used Lyft because that pink mustache is just ridiculous and looks amateur. This company seems to have a lot of gaps going on."}
{"_id": "23217", "title": "", "text": "It was not 100% clear if you have held all of these stocks for over a year.  Therefore, depending on your income tax bracket, it might make sense to hold on to the stock until you have held the individual stock for a year to only be taxed at long-term capital gains rates.  Also, you need to take into account the Net Investment Income Tax(NIIT), if your current modified adjusted income is above the current threshold.  Beyond these, I would think that you would want to apply the same methodology that caused you to buy these in the first place, as it seems to be working well for you. 2 & 3. No.  You trigger a taxable event and therefore have to pay capital gains tax on any gains.  If you have a loss in the stock and repurchase the stock within 30 days, you don't get to recognize the loss and have to add the loss to your basis in the stock (Wash Sales Rules)."}
{"_id": "23221", "title": "", "text": "Domini offers such a fund.  It might suit you, or it might include things you wish to avoid. I'm not judging your goals, but would suggest that it might be tough to find a fund that has the same values as you. If you choose individual stocks, you might have to do a lot of reading, and decide if it's all or none, i.e. if a company seems to do well, but somehow has an tiny portion in a sector you don't like, do you dismiss them? In the US, Costco, for example, is a warehouse club, and treats employees well. A fair wage, benefits, etc. But they have a liquor store at many locations. Absent the alcohol, would you research every one of their suppliers?"}
{"_id": "23236", "title": "", "text": "Thank you very much for the response!  I re-read my original post after your statement and realized that you are right, I did seem rather vague, naive, and a bit lost out there. I did some research (not a lot) but I don't think it was really reflected in my post which is why I edited my comment.  Thank you for your responses. I did look at a lot of the links you posted. I think I really didn't word my thoughts properly in the original post. I understand the basic differences - which seem to be that strategy is working on corporate vision while finance is managing a company's money.   Honestly, I guess I posted this with the hopes of just seeing some more personal and detailed responses, and really wasn't exactly too sure about what I want myself. I appreciate the links you've posted though and this is a very detailed response so thank you very much!  Edit: Oh, and I upvoted your first response. I think you could have criticized my naivety a bit more nicely but I don't think you deserve the downvotes since my original post did seem very naive :/"}
{"_id": "23248", "title": "", "text": "\"To be fair, I don't necessarily think that our guy was actively *trying* to screw us over. In retrospect I've known a few people like him; people with major control issues who get extremely anxious and morose when something isn't in their hands, and who kind of develop this authoritarian mindset because they don't trust the group as a whole. That leads to a lot of paranoia and projection. I think he kind of developed a sort of \"\"Oh no... I think he's gonna kill me. Well, I'll *kill him first*!\"\" mentality and that affected his thinking.  Every complaint he brought up privately with our president was something he was actually the one bringing to the table: \"\"They think I'm power hungry!\"\" (Actually, we didn't, but thank God we found out that he actually was before it was too late.) \"\"They don't trust me as the executive to make the decisions!\"\" (He seemed to be the strongest moderating and guiding voice in the meetings but apparently wasn't actually voicing or expressing any of his actual plans because he didn't trust us to know them.) \"\"They're gonna cut and run and we'll be left to keep things together!\"\" (He set of a chain of events which led to us having to scramble to get everything out of his name in order to keep our original timetable.) After this all went down it came to light how absurdly neurotic and specific his fears were, down to badmouthing my wife for being controlling or something because I wanted to discuss my portion of the buy-in with her before I paid it, when he'd never even met her.  Anyway, I've had actual adult bosses like this and they invariably find ways of bringing people down over little personal disagreements regardless of how well they're performing. The paranoia and ego driving things for that personality type can be hard to see at first because they're invariably charismatic and on-message and capable of really looking like they're taking the whole of the picture into account before making reasoned suggestions, and you need somebody with these skills for top leadership positions. I do have a measure of pity for these people, as they seem to live in a state of really subtle but profound internal dissonance that nobody else really gets a look at.  The main problem here is that it's easy to conflate image with substance, as you have to have a fair amount of knowledge about the topic being discussed to parse their behavior, and especially once a large power structure entrenches around the guy the aura of infallibility can really build which makes it tough to distinguish between a well-reasoned interpretation of reality and a specious one articulated well. Our last meeting with the new structure was great and we're more excited than ever about getting started with less baggage!\""}
{"_id": "23276", "title": "", "text": "I agree with mbhunter's suggestion of labeling your columns, 'income' and 'expenses'. However, to answer your question, money coming in (a paycheque, for example) is credited to your account. Money going out (a utility bill, for example) is debited from your account. There's no real 'why'... this is simply the definition of the words."}
{"_id": "23279", "title": "", "text": "\"There is no objective \"\"should\"\".  You need to be clear why you're tracking these numbers, and the right answer will come out of that. I think the main reason an individual would add up their assets and net worth is to get a sense of whether they are \"\"making progress\"\" or whether they are saving enough money, or perhaps whether they are getting close to the net worth at which they can make some life change.  Obviously shares or other investment property ought to be counted in that.   Buying small-medium consumer goods like furniture or electronics may improve your life but it's not especially improving your financial position.  Accounting for them with little $20 or $200 changes every month or year is not necessarily useful. Things like cars are an intermediate case because firstly they're fairly large chunks of money and secondly they commonly are things people sell on for nontrivial amounts of money and you can reasonably estimate the value. If for instance I take $30k out of my bank account and buy a new car, how has my net worth changed?  It would be too pessimistic to say I'm $30k worse off.  If I really needed the money back, I could go and sell the car, but not for $30k.  So, a good way to represent this is an immediate 10-20% cost for off-the-lot depreciation of the car, and then another 12% every year (or 1% every month). If you're tracking lifestyle assets that you want to accumulate, I think monetary worth is not the best scale, because it's only weakly correlated with the value you get out of them.   Case in point: you probably wouldn't buy a second-hand mattress, and they have pretty limited resale value.  Financially, the value of the mattress collapses as soon as you get it home, but the lifestyle benefit of it holds up just fine for eight years or so. So if there are some major purchases (say >$1000) that you want to make, and you want to track it, what I would do is: make a list of things you want to buy in the future, and then tick them off when you either do buy them, or cross them out when you decide you actually don't want them.  Then you have something to motivate saving, and you have a chance to think it over before you make the purchase.  You can also look back on what seemed to be important to you in the past and either feel satisfied you achieved what you wanted, or you can discover more about yourself by seeing how your desires change.  You probably don't want to so much spend $50k as you want to buy a TV, a dishwasher, a trip to whereever...\""}
{"_id": "23300", "title": "", "text": "My mom said that in her four years of college she didn't recall ever watching TV. No one did.   If America wanted the youth to really wake up they'd shut off the video games and television and REALLY experience college for four years. Also: no more Facebook."}
{"_id": "23309", "title": "", "text": "I am unsympathetic.  His mother made a conscious choice to evade taxes that would have provided her with at least a minimal security when she was too old to work.  First while as business owner she should have been paying self employment tax on the income they made through the restaurant and his other merchant activities.  Second while working in her own career selling Mary Kay and side work she should have paid her taxes on her income from that.   There is a part of me that says good on you for getting by with out getting caught.  But her ultimate failure was to plan for her future.  She should have known she would be ineligible for SSI and saved for her retirement.  Instead she choose to spend her money while benefiting from the government services that the rest of us pay taxes for.  Now we will provide her with medicaid as well as welfare benefits.  She has placed her son in the unenviable situation of having to either provide for his mother because she failed to do the minimum planning for herself or turn his back on her. He might be able to find a sympathetic prosecutor who would prosecute her for tax evasion.  The government would take care of her needs(food and housing) and she would get her medical care taken care of.  He could also move to Alaska.  The oil industry provide residents of Alaska with a stipend, there is lots of work for people willing to work hard, and the compensation for that work is pretty good and would likely put him in a position where he is able to provide care for his mother."}
{"_id": "23340", "title": "", "text": "\"The whole concept of \"\"spending a fraudulent check\"\" is misleading. Both in practice and legally there are two separate transactions - you (not) receiving funds by depositing a fraudulent check, and you sending a cash transfer further on. Regarding the fraudulent check, generally your bank is 'responsible' in the sense that it's their responsibility to recover the money from you - it will not receive any money from the bank that supposedly issued the fake check, and if they give it to you, you spend all that money and are unable to pay it back, that's their problem and not of the other institutions. Regarding the cash transfer, from the bank point of view it's solely your responsibility - it was really you who made that payment, you explicitly authorised/instructed the banks to deliver money to the recipient, and none of those banks have the duty to return it. You have been defrauded by the recipient of this payment, and may attempt to recover the money from the fraudster - but that's not particularly likely to happen even in the case of a successful arrest and conviction.  Very fast reaction with involvement of police may block the \"\"vendor's\"\" account before they are able to withdraw the money. If that is the case, you might be able to recover your money or part of it.\""}
{"_id": "23350", "title": "", "text": "So, *exactly* as I had posited:  The perfect medium for theft.  Somebody has to discover your address, and track it from there.  It's like saying private key encryption is easy to break; all you need is the private key and it all unfolds."}
{"_id": "23355", "title": "", "text": "The vesting date. Look at publication 525, under stock options, where they talk about ESPP: Your basis is equal to the option price at the time you exercised   your option and acquired the stock. The timing and amount of pay   period deductions do not affect your basis."}
{"_id": "23387", "title": "", "text": "\"You need to have 3 things if you are considering short-term trading (which I absolutely do not recommend): The ability to completely disconnect your emotions from your gains and losses (yes, even your gains but especially your losses). The winning/losing on a daily basis will cause you to start taking unnecessary risk in order to win again. If you can't disconnect your emotions, then this isn't the game for you.  The lowest possible trading costs to enter and exit a position. People will talk about 1% trading costs; that rule-of-thumb doesn't apply anymore. Personally, my trading costs are a total 13.9 basis points to enter and exit a $10,000 position and I think it's still too high (that's just a hair above one-eighth of 1% for you non-traders).  The ability to \"\"gut-check\"\" and exit a losing position FAST. Don't hesitate and don't hope for it to go up. GTFO. If you are serious about short-term trading then you must close all positions on a daily basis.  Don't do margin in today's market as many valuations are high and some industries are not trending as they have in the past. The leverage will kill you. It's not a question of \"\"if\"\", it's a when.  You're new. Don't trade anything larger than a $5,000 position, no matter what. Don't hold more than 10% of your portfolio in the same industry. Don't be afraid to sit on 50% cash or more for months at a time. Use money market funds to park cash because they are T+1 settlement and most firms will let you trade the stock without cash as long as you effect the money market trade on the same day since stock settlement is T+3.\""}
{"_id": "23402", "title": "", "text": "\"That's Imbalance-USD (or whatever your default currency is). This is the default \"\"uncategorized\"\" account. My question is, is it possible to get the \"\"unbalanced\"\" account to zero and eliminate it? Yes, it's possible to get this down to zero, and in fact desirable. Any transactions in there should be reviewed and fixed. You can delete it once you've emptied it, but it will be recreated the next time an unbalanced transaction is entered. Ideally, I figure it should autohide unless there's something in it, but it's a minor annoyance. Presumably you've imported a lot of data into what's known as a transaction account like checking, and it's all going to Imbalance, because it's double entry and it has to go somewhere. Open up the checking account and you'll see they're all going to Imbalance. You'll need to start creating expense, liability and income accounts to direct these into.  Once you've got your history all classified, data entry will be easier. Autocomplete will suggest transactions, and online transaction pull will try to guess which account a given transaction should match with based on that data.\""}
{"_id": "23407", "title": "", "text": "I was listening to Sarah Huckabee Sanders press conference last week and she was asked about Trump administration's position on raising the debt ceiling and she said that they were unequivocally for it and cited how many times historically it has been done.  So at least there is that..."}
{"_id": "23408", "title": "", "text": "Except when it does.  [Legal definition of fraud](http://legal-dictionary.thefreedictionary.com/fraud): Fraud must be proved by showing that the defendant's actions involved five separate elements: (1) a false statement of a material fact,(2) knowledge on the part of the defendant that the statement is untrue, (3) intent on the part of the defendant to deceive the alleged victim, (4) justifiable reliance by the alleged victim on the statement, and (5) injury to the alleged victim as a result.  1.) a false statement of fact is implied as the person using the coupon is representing themselves as someone who is using the coupon for the first time (as he/she is in a disguise to appear to be a different person)  2.) knowledge is clear - the person using the coupon is going to the length of donning a disguise - they know they're trying to get away with something  3.) intent is shown by the length the person went to present themselves as a new customer as well as the posts on the forum  4.) assuming the cashier was deceived by the disguise, it's reasonable that Target put the transaction through as it believed it was doing so with a new customer  5.) injury is obvious"}
{"_id": "23411", "title": "", "text": "Don't get me started about the law.  I'm a lawyer and the business model is a mess.  You'll hear about massive unemployment with lawyers.  This is because lawyers are exempt from overtime.  Firms slave associates for 70-100 weeks for years.  No weekends, no holidays.  Most associates make less per hour than their secretaries.  Then they fire associates instead of making them partners and hire new associates desperate for a job.  I know lawyers are hated, but please have some sympathy for associates who work 10-12 hour days and get paid less per hour than the staff.  Happened to me.  There are two necessary reforms.  One is to allow ownership of law firms by non-lawyers.  This has happened in the UK.  If Costco or other companies could have law firms, it would kill the greedy partner aspect and make legal work accessible to many more people.  I'm 100% in favor.  I'll happily take a lower wage and serve more people.  Everyone should be able to afford a lawyer.  The other necessary reform is making *anyone* who isn't an owner entitled to 40 hour work weeks and overtime.  If you own your own business and want to put in 90 hours, fine.  But you should not be able to force an exempt employee to work 90 hours unless that employee is an owner.    Those are entirely fair and reasonable and would transform the profession into what it should be.  I've since started teaching.  It doesn't pay as well, but at least I don't have to ram down a Christmas dinner and then go into the office.  Or spend a Fourth of July on top of the parking structure to see a few fireworks before going back in to work more."}
{"_id": "23414", "title": "", "text": "Here's another way that I look at it:  Say you and me were 50-50 partners in a small business. Suppose we wanted to expand our business but that needed money. Someone (let's call him Warren) has the money we need & hence in return for the money we offer Warren an equal stake in the business.  i.e. All three of us own 33% stake now. For both you and me our stake reduced from  50% that it was before Warren's entry to only 33% now.  While that reduction in our share may seem at first sight a bad deal for us, we both agreed to give Warren his share consciously not out of altruism but because it made business sense to helps us expand.  Ergo, what matters is not just your share of the pie but the size of the pie itself! And hence dilution of stake can make sense under certain circumstances.  Two small points: (a) This doesn't  in any way show the dilution must make sense. Only that it can sometimes make sense (b) Of course, in the case of a large corporation they do not need your personal approval for the dilution. But hey, neither do they ask you when they buy a new plant or start a new product."}
{"_id": "23420", "title": "", "text": "All new loans must be originated from the direct loan program. In most cases, the Stafford loan is better, as the rate is lower (6.8% vs. 7.9% for the PLUS loan). There aren't many viable alternatives for most people.  Private student loans exist, but carry significantly higher rates and worse payment terms. The exceptions are programs that exist for professions like medicine and dentistry. Credit cards usually carry higher rates and limited credit lines, but you have the option of negotiating the balance down or declaring bankruptcy to discharge the debt if you are unable to repay."}
{"_id": "23423", "title": "", "text": "Not medical! Y'all need some business courses. Liability insurance, etc. no factory will let you operate machinery stoned. No bank will let you move money between people's accounts stoned. Banks are more concerned with fraud than anything else and people with expensive drug habits steal more."}
{"_id": "23431", "title": "", "text": "Whoever pays gets the say  Union Reps' salaries/flights comes from dues paid by union members. They're the ones paying for those flights, not the general public. Union members should have the final say if the Reps fly first, business, coach or whatever.   Public employees should fly what is cheapest and pay for an upgrade out-of-pocket if so desired because we the taxpayers pay their tickets/salaries"}
{"_id": "23443", "title": "", "text": "As a beginner to cryptocurrencies, I would recommend that you sign up for an account at gemini.com. Once you get verified - and understand, that getting verified will take multiple weeks, unfortunately, considering the large amount of traffic that these web apps still have to scale for - you will be able to make daily deposits of $500 to buy either bitcoin (BTC) or ethereum (ETH). Any other currencies (altcoins, usually built on another network or entirely separate networks) will require you to sign up for an altcoin exchange like Kraken or Poloniex.  Speaking of which, another user that commented on this post mentioned Kraken, but the issue with Kraken is that it only allows you to buy currencies using other currency, which is why I recommend gemini (you could even use coinbase, but coinbase is EXTREMELY popular and it takes forever to get verified). After purchasing crypto, you can transfer to other accounts on other exchanges to speculate on altcoin.  Please be secure when using these exchanges. Consider also using a wallet (I personally recommend exodus.io), as many exchanges suffer from occasional attacks.  As for /u/beat_tapes questioning your motives, I totally agree with that sentiment, as no one REALLY knows what's going to happen tomorrow, which is why I implore you to evaluate your financial situation and only speculate with what you're entirely comfortable with losing. You're entering casino doors, and yeah, I'm a personal believer that at this casino you'll win big, but it's still a gamble. Just keep that in mind."}
{"_id": "23446", "title": "", "text": "Ex-Dividend Price Behavior of Common Stocks would be a study from the Federal Reserve Bank of Minneapolis and University of Minnesota if you want a source for some data. Abstract This study examines common stock prices around ex-dividend dates. Such   price data usually contain a mixture of observations - some with and   some without arbitrageurs and/or dividend capturers active. Our theory   predicts such mixing will result in a nonlinear relation between   percentage price drop and dividend yield - not the commonly assumed   linear relation. This prediction and another important prediction of   theory are supported empirically. In a variety of tests, marginal   price drop is not significantly different from the dividend amount.   Thus, over the last several decades, one-for-one marginal price drop   have been an excellent (average) rule of thumb."}
{"_id": "23451", "title": "", "text": "Thank you Slater\\_John for voting on metric\\_units.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "23456", "title": "", "text": "Supplier of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries-Silica Ramming mass has vast usage in various Industries like Steel industry, Chemical industry and Copper refineries. Quality of Acidic Ramming mass is directly related to the heating performance of the furnaces. Silica ramming mass plays an important role in induction furnaces in steel plants during melting of steel. Acidic Ramming Mass is generally used in the lining of induction furnaces."}
{"_id": "23465", "title": "", "text": "TrumpleForeSkin . . . psst  . . .TrumpleForeSkin  Your next embarrassment is being prepared and they gonna fuck you up so bad, you gonna make Bozo the clown look like Clark Gable  Poor fellow, always pushes the fight into such a corner that the only two options are fucked and fucked twice and after some great wheeling and dealing by this expert negotiator it results in: Get fucked repeatedly with no end in sight.  If you are feeling alone and abandoned, betrayed and hated  Its because you are  America will never stand behind the true servant of the Shemeckles  Don't dare talk about our guns."}
{"_id": "23469", "title": "", "text": "Market makers are required to buy options contracts as a condition of being a market maker.  It is what keeps the markets functioning and liquid. As to whether or not your trade can be closed at a profit depends on many variables - how much you paid, what the underlying security is, etc CBOE Options expiration FAQs"}
{"_id": "23475", "title": "", "text": "Seems pretty stupid to buy when switching jobs every 2-4 years yields the greatest gains in salary.  Why would you want to grow roots in an area for 15-30 years when you might be better off changing jobs/locales?   Sure you don't have to keep your house that long but with all the extra costs and risks renting is a fine option for an upwardly mobile citizen."}
{"_id": "23479", "title": "", "text": "As has already been mentioned, measure, change, measure.  Stopping vampiric power drain in the items you mentioned is going to save you very little electricity or money. There are much larger power users in your home that can be tackled first. If you have a fridge, freezer, and electric water heater on Time-Of-Use billing, shifting their energy usage to off-peak hours can yield significant monetary savings. I have put my water heater on a timer that turns the thing on 3 hours before I get up and shower, and turns off just before shower time. I get more than enough hot water for showers, and the heater isn't maintaining a tank of hot water during the day or night when I don't need it. Same can be done with your fridge and freezer. Set the fridge a little colder and run it off-peak and your food will stay cold/frozen during the day.  Note that while putting the water heater on a timer may get you both money and electricity, doing the same for the fridge and freezer will only get you financial savings as you time-shift your electric usage. I was able to get a 20% saving on my electric bill by time-shifting my water heater and fridge. Your mileage may vary."}
{"_id": "23480", "title": "", "text": "What is the focus of the program, sell the good or service or recruit new people?  If it is the latter (as it often is) then show them this pyramid. http://www.consumerfraudreporting.org/MLM_pyramid.php Pretty much the number of people on earth runs out too quickly."}
{"_id": "23483", "title": "", "text": "Looks more like an idea for a business rather than an actual business -- especially since it hasn't even launched. That said, it does have its merits. What bank actually holds the deposit funds becomes irrelevant, and may actaully change from time to time as they forge better partnerships with different banks.  Think of it like a mutual fund -- the individual stocks (if there are stocks) in the fund are less important than the balance of risk vs. income and the leveling of change over the course of time. It offers services banks offer, without fees (at least that is the proposal) with the addition of budgetting capability as well. It does have downsides as well There is an increased level of indirection between you and your money. They propose to simplify the banking business model, but in fact are only hiding it from you.  The same complexity that was there before is still there, with the added complexity of their service on top of it.  It's just a matter of how much of that complexity you would have to deal with directly. With that in mind, I would reiterate that they are not a business yet -- just a proposed business model.  Even the sign up process is a red flag for me.  I understand they need to gauge interest in order to forge initial relationships with various banks, but I don't see the need for the 'invitation only' sign up method.  It just sounds like a way to increase interest (who doesn't like feeling exclusively invited), and is a bit too 'gimmicky' for my taste. But, like I said, the idea has merit -- I have my reservations, but will reserve full judgement until they are an actual operating business."}
{"_id": "23484", "title": "", "text": "By studying. I wouldn't consider the statistics and math required for finance to be of the most difficult caliber, maybe a statistics major would be a nice extra to set a person ahead but I'd say just a couple intermediate courses would serve well for a finance career."}
{"_id": "23488", "title": "", "text": "I'm old. When I was young, the schools were preparing us all for the Metric System. But the change never happened, due, I believe, to simple arrogance. Let the world cope with out 45/17th nuts and bolts.   Now of course, we're not so powerful and I do assume that American Toyota factories use metric parts.  I write this from a metric coffee house in Amsterdam. I am coping quite well with their products offered metrically.  Have a good day!"}
{"_id": "23489", "title": "", "text": "Well like a lot of stuff on money.stackexchange there is not a simple answer, but generally it is not a good thing. Take a look at the wikipedia entry on Net Operating Loss. Basically the company is commenting that when they do make money they will receive preferential tax treatment on that income.    So whether or not this is a positive or a negative depends on a couple of things: NOL doesn't directly impact book value other than how the actual assets of the company changed over the previous quarter. I believe there is a 1:1 correspondence to how the assets change and NOL, but I am sure someone could clarify that for me in another answer or as a comment."}
{"_id": "23509", "title": "", "text": "Of course. Where else are the rich gong to park their money? The Dow is going nowhere but up. I was saying this when the Dow was in the 16s and everybody else was calling 'get out'. If I had shit to invest I'd probably be able to buy a new car."}
{"_id": "23511", "title": "", "text": "Don't feel bad man. I have a finance degree and an information systems degree a 3.5 gpa, speak 3 languages, competent in several programming languages, helped run my family business for 3+ years and I had to take a IT internship role at an insurance company through co-op. Did that for 16 months and just sat for CFA L1. All that on my resume I got 0 love during recruitment. Passed up for even Back office positions at banks for kids who have goofy degrees and lower GPAs.  If you're a non-target like me this is how it is. With hard work and intelligence we will get what we want though. I suggest looking into the CFA program."}
{"_id": "23522", "title": "", "text": "I would just like to point out that the actual return should be compared to your down payment, not the property price. After all, you didn't pay $400K for that property, right? You probably paid only 20%, so you're collecting $20K/year on a $80K investment, which works out to 25%.  Even if you're only breaking even, your equity is still growing, thanks to your tenants. If you're also living in one of the units, then you're saving rent, which frees up cash flow. Your increased savings, combined with the contributions of your tenants will put you on a very fast track. In a few years you should have enough to buy a second property. :)"}
{"_id": "23533", "title": "", "text": "I think the consensus is that you can't afford a home now and need to build more of a down payment (20% is benchmark, you may also need to pay mortgage insurance if you are below that) and all considered, it takes up too much of your monthly budget. You didn't do anything wrong but as mentioned by Ben, you are missing some monthly and yearly costs with home ownership.  I suggest visiting a bank or somewhere like coldwell banker to discuss accurate costs and regulations in your area. I know the feeling of considering paying more now for the very attractive thought of owning a home... in 30 years. After interest, you need to consider that you are paying almost double the initial principle so don't rush for something you can do a year or two down the line as a major commitment.  One major point that isn't emphasized in the current answers. You have a large family: Two children, a dog, and a cat.  I don't know the kid's ages but given you are in your early twenties and your estimated monthly costs, they are probably very young before the point they really put any stress financially but you need to budget them in exponentially. Some quick figures from experience. Closing costs including inspections, mortgage origination fee, lawyer fees, checking the history of the home for liens, etc, which will set you back minimum 5% depending on the type of purchase (short sales, foreclosures are more expensive because they take longer) Insurance (home and flood) will depend on your zoning but you can expect anywhere between $100-300 a month. For many zones it is mandatory.  Also depending on if it's a coop ($800+), condo($500+) or a townhouse-type you will need to pay different levels of monthly maintenance for the groundskeeping as a cooperative fee.  at an estimate of a 250K home, all your savings will not be able to cover your closing costs and all 250k will need to be part of your base mortgage. so your base monthly mortgage payment at around 4% will be $1,200 a month. it's too tight.  If it was a friend, I would highly suggest against buying in this case to preserve financial flexibility and sanity at such a young age."}
{"_id": "23536", "title": "", "text": "&gt; Equifax CEO suddenly retires following an epic data breach affecting 143 million people  With millions upon millions of dollars in a golden parachute. Because Equifax does not believe in punishment or clawbacks. A similar parachute was given to the Chief Security Officer, Susan Mauldin, who had zero security credentials."}
{"_id": "23537", "title": "", "text": "\"Your contributions must come from \"\"compensation\"\". Quoting IRS Publication 590 on IRAs, \"\"Generally, compensation is what you earn from working.\"\" So it is unlikely that your stock sale proceeds, if they're your sole source of income, can be used to fund your IRA. If you do have W-2 income, or self employment income, you can use the proceeds of a stock sale to fund an IRA. The IRS doesn't care where the exact dollars that go into the IRA come from, only that you earned (from working) at least as much as you contributed.\""}
{"_id": "23551", "title": "", "text": "A Loan is an loan that gives some kind of benefit as an assurance to a loaning organization. So when you put in an application for a credit, you likewise advocate that in case that you can not pay, you've some form of benefit that will cover the default sum."}
{"_id": "23554", "title": "", "text": "It's not mentioned in the article, but the state will invariably pay for infrastructure upgrades and maintenance around a project like this. The only way this pays off is if the tax revenue generated is enough to pay for any additional expenditure by the state. And the fact that Foxconn has a track record of not living up to its promises is what prevents this from being a no-brainer. We'll need to revisit the topic in 15 years when this deal has reached its conclusion to know if the gamble was worth it. The thing that is working to Foxconn's advantage here is that there were several states competing for this."}
{"_id": "23564", "title": "", "text": "\"The libor swap rates show the fixed rate you would have to pay if you entered into a swap agreement where you received the floating 3-month libor rate. From the link in your question: Two Year: 0.478 Three Year: 0.549 Five Year: 0.842 For example, if I wanted to enter into a two year interest rate swap I would have to pay a fixed rate of 0.478 % for two years and in return I would receive interest payments based on the 3-month LIBOR rate (currently 0.4551 %).  My interest payments would be fixed while the money I received from the swap would be variable based on the 3-month libor rate. \"\"Mid-market\"\" refers to the value halfway between highest bid and the lowest offer. Semi-annual means the swap settles interest payments every 6 months.\""}
{"_id": "23569", "title": "", "text": "Does this make sense?  Some corporate behemoth was making tons of money by selling disgusting sludge which I would not feed to a fucking dog, and because the true nature of this shit came to light, they lost a lot of business.  They only had the business in the first place because people were unaware of what they were doing, and when the people learned, they were disgusted and tended to avoid it."}
{"_id": "23570", "title": "", "text": "There are lists with Top 1,000 Most and Less correlated stocks for different markets, I think you'll find the solution here:  https://unicornbay.com/tools/most-less-correlated-assets"}
{"_id": "23571", "title": "", "text": "Target to Stop Selling Kindle: Norton Medical and Scientific Research &amp; Biotechnology.  norton-scientificmedical.com \u2014 Target, the 2nd largest discount chain announced that it will stop offering Amazon's e-reader Kindle because of a \u00abconflict of interest\u00bb while Barnes &amp; Noble and Apple devices will continue to be offered. According to Molly Snyder, Target spokesperson, the decision to drop Kindle e-readers starting this spring came after a review of the retailer's merchandise, which consisted of evaluations on prices and quality of their products. However, Norton Medical and Scientific Research &amp; Biotechnology got a hold of an internal memo regarding the removal of Amazon hardware (Kindle) from Target stores 4 hr 45 min ago"}
{"_id": "23609", "title": "", "text": "\"Margin trades let you post a margin of a certain proportion of the value of the trade as collateral against the price of a trade and pay off the difference between the current price and the price that you bought at. Any losses incurred are taken from the margin so the margin has to be maintained as prices change. In practice this means that when the price moves significantly from the buying price a \"\"margin call\"\" is triggered and the buyer has to increase their posted margin. The vast majority of the foreign exchange trades done every day are margin trades as (effectively) are all spread bets. Margins get reset overnight whether or not a call has occurred.\""}
{"_id": "23620", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.axios.com/jobs-are-plentiful-for-rock-bottom-pay-across-the-west-2497970172.html) reduced by 58%. (I'm a bot) ***** &gt; What&amp;#039;s new: AlphaGo&amp;#039;s initial iteration was trained on a database of human Go games whereas the newer AlphaGo Zero&amp;#039;s artificial neural networks use the current state of the game as input.  &gt; The DeepMind researchers wrote: &amp;quot;The self-learned player performed much better overall, defeating the human-trained player within the first 24h of training. This suggests that AlphaGo Zero may be learning a strategy that is qualitatively different to human play.\"\"  &gt; He points out though that the roughly 5 million training games of self-play it took for AlphaGo Zero to beat AlphaGo is &amp;quot;Vastly more&amp;quot; than the number of games Sedol had played to become a champion.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77able/workers_in_the_wealthier_nations_are_facing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~230884 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **AlphaGo**^#1 **game**^#2 **play**^#3 **learns**^#4 **Zero**^#5\""}
{"_id": "23675", "title": "", "text": "I asked my realtor, but she recommends to go with just one banker   (her friend), and not to do any rate shopping. You need a new realtor. Anyone who would offer such advice is explicitly stating they are not advocating on your behalf.  I'd do the rate shopping first. When you make an offer, once it's accepted, time becomes critical. The seller expects you to go to closing in so many days after signing the P&S. The realtor is specifically prohibited from pushing a particular lender on you. She should know better.  In response to comment - Rate Shopping can be as simple as making a phone call, and having a detailed conversation. Jasper's list can be conveyed verbally. Prequalification is the next step, where a bank actually writes a letter indicating they have a high confidence you will qualify for the loan."}
{"_id": "23693", "title": "", "text": "No, it doesn't matter how powerful the machines are that do the mining. The system balances it out (increases the difficulty) so that one block is mined every 10 minutes, regardless of whether there's 500 miners in the world or 50 million, it will always be around 10 minutes (sometimes 9 and sometimes 11 though). And one block used to be 50BTC, but every 4 years this halves and so in 100 years the supply increase will be almost 0, miners will still get the transaction fees though.   This means bitcoin is limited to a supply of less than 21 million. Which creates the scarcity.  There's possibly a problem though. Quantum computing might not increase the supply but it could potentially decrypt the encryption, but if that happens the whole internet and digital world will be in trouble and not just bitcoin."}
{"_id": "23725", "title": "", "text": "I'd argue that zoning laws are not even I'm the same boat as taxi companies.  Also, again, good on Uber. If the market is broken, and normal citizens can't do shit about it, I'm glad that something or someone could.  Look. There is no reason that a taxi medallion in NYC was considered a good  investment, in a competitive market it wouldn't have been. There is no good reason that the number of cabs on the streets of NYC were the same two years ago as they were in the 60s, despite rampant pupulation and tourism growth."}
{"_id": "23736", "title": "", "text": "My wife tells me that Etsy used to be all nice hand made stuff and now it is getting over run with cheap crap.  She says they don't have good quality standards to hold the merchants to.  Sounds like an opportunity to me!"}
{"_id": "23741", "title": "", "text": "\"&gt; That\u2019s not really true. Industries are developed and killed off all the time.  You are right of course.  Since my \"\"musical chairs\"\" analogy confused /u/mattcwu I was trying to keep it simple.  My point is that from the perspective of a job seeker, the job market is effectively fixed.  If you improve yourself and get a better job, that job already existed in the system.  New jobs are not created to accommodate your new skills.  &gt; A small capital investment could be used as a replacement for most of the labor.  Correct and the problem is only going to get worse as AI improves.  You are familiar with [CGPGrey's Humans Need Not Apply video](https://www.youtube.com/watch?v=7Pq-S557XQU)?  &gt; It was true with the cotton gin and it will be true with future innovations.  Right, so the problem of non-living wages is systemic.  Maybe need a system that isn't designed to compensate people as little as possible.\""}
{"_id": "23747", "title": "", "text": "\"IRS Pub 554 states (click to read full IRS doc):  \"\"Do not file a federal income tax return if you do not meet the filing requirements and are not due a refund. ... If you are a U.S. citizen or resident alien, you must file a return if your gross income for the year was at least the amount shown on the appropriate line in Table 1-1 below. \"\" You may not have wage income, but you will probably have interest, dividend, capital gains, or proceeds from sale of a house (and there is a special note that you must file in this case, even if you enjoy the exclusion for primary residence)\""}
{"_id": "23755", "title": "", "text": "Given that the Apple janitor is a contract worker, shouldn't the focus be on the company that actually pays her and not Apple?  My first job back in the late 80s was as a contractor, making just above the minimum wage as a data entry/office clerk.  I spent two years with them and they had training classes for their employees and vacations.  I would have liked for the New York Times to focus on their story as well; also, I think the comparison shouldn't be between Apple and Kodak but the difference economic environment they faced.  Kodak and they do everything model (even janitorial work) and Apple's decision to outsource everything else."}
{"_id": "23774", "title": "", "text": "With student loans at 2%, I wouldn't pay a dime over minimum on that, and I certainly wouldn't sell an investment property to pay them off, you can get CD's that beat 2% interest. With the rentals, you could sell the one that isn't performing as well and pay no capital gains tax if you lived in it 2 of the last 5 years (counting 5 years back from sale date). That'd be a nice chunk of money for your down-payment. The risk of using proceeds to buy a different rental property is that you may find you don't like being a distance landlord, and then you'd lose money selling or be stuck doing something you don't enjoy for a while until you can sell without a loss. Like you mentioned, the risk of selling either/both rental properties is that if the Arizona housing/rental markets do well you'd have given up your position and missed out. Ultimately, I think it's about your desired timeline, if you are content to wait a while to buy in San Diego, you could have a handsome down payment, will know whether or not you like being a distance landlord, and can sell/keep the rentals accordingly. Alternatively, if you want to get a house in San Diego sooner, then selling one or both rentals gets you there faster. If I was in your position, I'd probably sell the rental that I lived in and put that toward a down-payment on a primary residence, keeping the other rental for now and trying my hand at being a distance landlord."}
{"_id": "23781", "title": "", "text": "They've actually made some moves that were considered to be  against net neutrality like actively supporting efforts to provide internet service that's limited to only a few websites (including Facebook). So it could be argued that being against net neutrality is aligned with Facebook interests. Either way it's debatable and Hastings is doing his job as an independent board member by doing the evaluation whatever way he decides."}
{"_id": "23790", "title": "", "text": "...and why is that?  Almost every job out there has competition.  It may take some time, but if you are really unhappy with your salary or work situation, you can find a job somewhere else.  I'm in the IT industry and that's pretty much the only way I've been able to get a raise higher than 1%."}
{"_id": "23796", "title": "", "text": "One thing that a high down payment does is improve the chance that the seller will accept your offer.  Sellers also want to know that your offer is a serious one, and the closer you are to an all-cash buyer, the better.  I've heard of sellers letting OK offers sit on the table because they didn't like the down payment amount."}
{"_id": "23806", "title": "", "text": "Would you work for 50% of a billion? how about 40%? 30%? At what point would you retire and sell the company? Because that is the reality behind the topic in question.  If you used to make 80% of a billion. Then 70%, then 60%, then 50%, then 40%.   At what point do you have enough money and want to retire? At what point do you decide that the net results of your efforts are no longer worth your input? This guys is 70+ been working more than half his life in this company.   At what point do you call it quits and move to the beach on your yacht? He has enough assets to do what he wants for the rest of his life and his employees probably do not, but guess who gets to make the decisions whether it continues or gets sold?"}
{"_id": "23819", "title": "", "text": "a) Go to Money super market and compare all the share dealing accounts and choose one to your liking. b) That depends on one's own circumstances. Nobody can be give you any specific strategies without knowing your financial situation, goals and risk averseness."}
{"_id": "23823", "title": "", "text": "Your assumption, the need for two distinct accounts is correct.  Are you sure that the deposit was made to the same account? Since a 401(k) doesn't really have an account number, just your social security number, it may be they report it to you as though it were aggregated, but it's improper for it to be so. With respect (I mean this literally, I have the utmost respect) to littleadv's answer - the aggregation of the two accounts cannot be legitimate. If I wish to invest my Roth side into investments that grow far greater than the Traditional side, the mixing of accounts destroys this possibility. Something is either wrong, or misunderstood."}
{"_id": "23828", "title": "", "text": "\"One option would be to physically ship the money from Israel to the US. I quickly ran the numbers for shipping different amounts of $100 bills (One pound equals 454 bills) using a popular shipping company. Here are the results:  The \"\"sweet\"\" spot is $100,000.  That would only cost you $76 to ship which is just 0.08% of the amount being transferred. Of course, the shipping company's website says international shipments of money are prohibited.  Their website, however, let me categorize the shipment as \"\"money\"\".  Strange.\""}
{"_id": "23835", "title": "", "text": "\"Not aying you're wron, but do you have any sources showing that young people's premiums will go up SEVERAL times over?  I think your argument would be more convincing with numbers instead of using words like \"\"far\"\" and \"\"significantly\"\"\""}
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{"_id": "23885", "title": "", "text": "Just saw him on pbs this week saying that 99% of his wealth will be sold, liquidated, within 10 years of his and his spouse's death.  He probably is getting tax breaks but I imagine the koch brothers get similar breaks while actively fighting to get rid of the estate tax to pass all of their wealth on not just most of it."}
{"_id": "23909", "title": "", "text": "When I used to watch Beck (mostly on CNN when he was actually good, not insane) I remember seeing at least one gold commercial per commercial break.  That's not proof of anything, but I think it's a pretty good indicator of where he is coming from."}
{"_id": "23938", "title": "", "text": "Aloe Vera juice as a herb provides a lot of advantages in the form of better blood circulation, treating Irritable Bowel Syndrome (IBS), detoxification as well as liberation from ache. The gel of aloe vera is drawn out of the leaves belonging to aloe plant and its application can be made topically."}
{"_id": "23949", "title": "", "text": "\"So there are a few angles to this.   The previous answers are correct in saying that cash is different than financing and, therefore, the dealer can rescind the offer.  As for financing, the bank or finance company can give the dealership a \"\"kickback\"\" or charge a \"\"fee\"\" based on the customer's credit score.   So everyone saying that the dealers want you to finance....well yes, so long as you have good credit.  The dealership will make the most money off of someone with good credit.  The bank charges a fee to the dealership for the loan to a customer with bad credit. Use that tactic with good credit...no problem.  Use that tactic with bad credit.....problem.\""}
{"_id": "23951", "title": "", "text": "&gt;U.S. consumers continued to shun passenger cars in favor of larger pickup trucks, SUVs and crossovers.   Curious to why the shift away from passenger cars.  Especially to trucks.  SUV's and crossovers I get as you get the same amount of seating as a passenger car but more cargo space.  I wonder how much longer the sports/muscle cars will last with this trend and that people favoring hybrid and electric engines over straight up petrol ones."}
{"_id": "23955", "title": "", "text": "If you have both consumer debt and IRS debt, you can file Chapter 7 bankruptcy to get rid of all of it. The trick is your taxes have to be at least 3 years old from the due date in order to be considered for bankruptcy. So newer taxes, like 2010 and on, can't be discharged yet (and earlier ones may not be yet, there are rules which toll the time) You'll definitely want to talk to a bankruptcy attorney in your area who focusing on discharge in tax debts. You may be able to kill two birds with one stone.  My other concern is are you current? Typically people routinely run up a new debt when trying to settle up on 9old debt. So the OIC route may be a waste of your time. Also, $6000 isn't a lot of money, so there's not a lot of room to negotiate down. It's all how you fill out the 656-OIC. I've seen way to many people not fill it out incorrectly.  The IRS has a limited amount of time to collect on a debt, so if there are old taxes, you may be better off getting into CNC status, which it seems like you would qualify for and let the debt expire on your own. That may be another viable solution. Unfortunately, this is really complicated to get the best result. And good tax debt attorneys fees start at the amount of taxes you owe! So that's not really cost effective to hire one."}
{"_id": "23982", "title": "", "text": "Like a lot of places I think it matters how you make it. Usually one protein and a little bit of everything ends up tasting good. It also pairs well with Tabasco, and it's delicious eaten as a dip with their chips."}
{"_id": "23983", "title": "", "text": "With an investment, you tend to buy it for a very specific purpose, namely to make you some money. Either via appreciation (ie, it hopefully increases value after you take all the fees and associated costs into account, you sell the investment, realise the gains) or via a steady cashflow that, after you subtracted your costs, leaves you with a profit. Your primary residence is a roof over your head and first and foremost has the function of providing shelter for yourself and your family. It might go up in value, which is somewhat nice, but that's not its main purpose and for as long as you live in the house, you cannot realise the increase in value as you probably don't want to sell it. Of course the remortgage crowd would suggest that you can increase the size of the mortgage (aka the 'home atm') but (a) we all know how that movie ended and (b) you'd have to factor in the additional interest in your P&L calculation. You can also buy real estate as a pure investment, ie with the only objective being that you plan to make money on this. Normally you'd buy a house or an apartment with a view of renting it out and try to increase your wealth both due to the asset's appreciation (hopefully) and the rent, which in this scenario should cover the mortgage, all expenses and still leave you with a bit of profit. All that said, I've never heard someone use the reasoning you describe as a reason not to buy a house and stay in an apartment - if you need a bigger place for your family and can afford to buy something bigger, that falls under the shelter provision and not under the investment."}
{"_id": "23990", "title": "", "text": "i always found his advice to give to charity because it had a karma effect on your wealth to be hilarious. i was struck by the kiyosaki bug too when i saw his presentation on pbs. i discovered his board game where there were apparently people paying 300 dollars for it. pbs has some retarded shit. there was also another guy with a personal finance presentation. he acted like an infomercial all the way til the end where he revealed the secret was life insurance. personal finance on pbs is the equivalent of the history channel's aliens."}
{"_id": "24006", "title": "", "text": "Part A solution:  Assume no turnover in A.:      Average Balance * Annual Interest - Average Balance * Annual Cost of funds + Annual Fee = Profit from A        Profit From A = Average Balance * Interest Rate - Cost of Funds * Average Balance + Annual Fee     So for B here is the sneaky thing, the Average Balance is 1/12 of the Volume... That makes it really simple...       Volume * InterChange - Average Balance * Cost of Funds + Annual Fee = Profit From A       Volume = 12 x Average Balance So:       12 x Average Balance * Interchange (0.015) - Average Balance * Cost of Funds (0.04) + Annual Fee (Say 50)= Profit From A (260)       0.18* Average Balance - 0.04 * Average Balance = 210  Average Balance = 210/.14  Annual turnover = 12* Average Balance   Come @ me bro :p"}
{"_id": "24016", "title": "", "text": "There are many places in the US without taxis or public transportation. I don't think self driving car fleets where you call one on demand will get a foothold. It would be impractical to send a car 20 miles to pick someone up and drive them to work every day. Even with algorithms that car pool people, the cost will be high."}
{"_id": "24021", "title": "", "text": "A free market requires consumer feedback in the market as a check to the actions of the producer/seller.  Because of the nature of health care, the consumer doesn't have the power to check the price setting power of the producer/seller by going to another seller with a better price.  Market competition in the health care market is illusory."}
{"_id": "24029", "title": "", "text": "\"Hmm, this would seem to be impossible by definition.  The definition of an \"\"index fund\"\" is that it includes exactly the stocks that make up the index. Once you say \"\"... except for ...\"\" then what you want is not an index fund but something else. It's like asking, \"\"Can I be a vegetarian but still eat beef?\"\" Umm, no. There might be someone offering a mutual fund that has the particular combination of stocks that you want, resembling the stocks making up the index except with these exclusions. That wouldn't be an index fund at that point, but, etc. There are lots of funds out there with various ideological criteria. I don't know of one that matches your criteria. I'd say, search for the closest approximation you can find. You could always buy individual stocks yourself and create your own pseudo-index fund. Depending on how many stock are in the index you are trying to match and how much money you have to invest, it may not be possible to exactly match it mathematically, if you would have to buy fractions of shares. If the number of shares you had to buy was very small you might get killed on broker fees. And I'll upvote @user662852's answer for being a pretty close approximation to what you want.\""}
{"_id": "24032", "title": "", "text": "\"I really want a CEO to play up impending doom one time. \"\"We seriously need funding. Anybody out there want some equity with warrants?\"\"   Here's to hoping that this company does well. As of now, that is too much for me to pay for a car.\""}
{"_id": "24046", "title": "", "text": "\"The OP does not explain \"\"what we pay for processing the transaction (cost of debiting the customer)\"\".  Who exactly do you pay?  Someone else, or your own employees/contractors?  I will assume that $0.10 is paid to your own employees. Dr $10cash from money people give you Cr $10 liability to them because it is their money in your accounts. Dr $0.10 cash payment of paycheques or supplier invoices Cr $0.10 income statement Operating Eexpense  Dr 0.20 liability to depositors for fees they pay, resulting in $9.80 remaining liability for their money you still have. Cr 0.20 income statement Fee Revenues\""}
{"_id": "24064", "title": "", "text": "\"Yeah, I'm sure it's all about health.  It couldn't possibly be about reducing food costs.  I mean, what's [roughly $8,000 per employee](http://www.businessinsider.com/2008/4/googles-ginormous-food-budget-7530-per-googler) annually, right?  It's not like this will reduce the meat costs by [~27% (or more, as this was years ago)](http://www.npr.org/sections/thesalt/2013/11/05/243218136/make-room-for-mushrooms-fungi-compete-with-meat-in-burgers).   Surely a corporation wouldn't pretend to be doing something for some other reason if it meant they'll start saving millions of dollars in perks.   Edit: Bonus points.  This was written by \"\"3P Contributor\"\" and published as basically paid blogspam.\""}
{"_id": "24066", "title": "", "text": "\"&gt;Simon Salamon, 60, a regular Whole Foods shopper, said the price drop brought him to the East 57th Street store. &gt;&gt;\u201cIt reminded me why I shop at Amazon,\u201d he said. \u201cNinety-nine percent of the time they have the best prices and their return policy is great. With the prices lower, I think we\u2019re more likely to shop here every day.\u201d   This sounds like it was written for /r/hailcorporate.   Was the article written first and they paid actors to read the lines?  The \"\"now priced at!!!\"\" photos look like a grocery ad.\""}
{"_id": "24085", "title": "", "text": "I have no bias, I only have the same interest in Obama wining as the rest of the world does. Bluffing in politics is the same as being liar and using influence in critical circles to achieve the goal. This isnt a symptom of either party but all politicians in general. My dont come from a place of bias, only observation."}
{"_id": "24103", "title": "", "text": "I'm not a financial guy, but I handle decent amounts of money. I don't care how much money you take in, money only makes so much money. Sure, $1 million throws off decent interest (at least it used to), but it doesn't generate enough money to ever sustain a Ponzi scheme. Don't be fooled by what $20 million generates everyday in an account. It's never enough to pay back investors a fair return on their money."}
{"_id": "24108", "title": "", "text": "Agreed, but there's also a modifier these days of how fast you can learn new things. It definitely helps get your foot in the door to know someone, but to be more 'employment agile' one really needs to be able to pickup and learn new concepts all the time."}
{"_id": "24113", "title": "", "text": "\"&gt;The fact of the matter is, if someone is sketchy enough to help you rob a bank, their character and judgement is suspect.  That's a massive generalization and a value statement you cannot possibly back up. What if one is robbing a bank because the bank stole from him/her? What if there's a sick kid and the only option is to either rob a bank or allow the child to die? What if someone's family is being held hostage, and the hostage taker is forcing them to rob a bank?   &gt;This sentence is a bit of a fallacy in of itself after reading the linked article above.  That's not what fallacy means. A fallacy is a logical misstep, like arguing against a person instead of their argument (ad hom), arguing against a different argument than the other party is making (strawman) or arguing that something is true because most people believe it (ad populum). If you think someone is wrong about something, you can say so and demonstrate it, but not everything you disagree with is a fallacy.   &gt;We just read about how the return on bank robbery is complete garbage, so anyone who would think it a good idea is de facto stupid.  No, we read about how the average return on a bank robbery isn't worth it. Average. Not all.   &gt;And if you think there's any loyalty among criminals, you are incredibly naive...  \"\"There's no honor among thieves\"\" is just a fun turn of phrase. It's not some philosophical or psychological law.\""}
{"_id": "24119", "title": "", "text": "Car Expo 2014 is the most awaited show in Oman to launch your new releases to the target buyers. All the visitors can find all the products and services for their vehicles at can also get the information regarding the latest models of globally known vehicle brands."}
{"_id": "24138", "title": "", "text": "You're going to have a huge problem getting approved for anything as long as you have an unpaid bill on your report. Pay it and make sure its reported as paid in full - ASAP. Once that settled, your credit will start to improve slowly. Can't do anything about that, it will take time. You can make the situation improve a bit faster by lending money to yourself and having it reported regularly on your report. How? Easy. Get a secured credit card. What does it mean? You put X amount of money in a CD and the bank will issue you a credit card secured by that CD. Your credit line will be based on the amount in that CD, and you'll probably pay some fees to the bank for the service (~$20-50/year, shop around). You might get lucky and find a secured card without fees, if you look hard enough. Secured cards are reported as revolving credit (just as any other credit card) and are easy to get because the bank doesn't take the risk - you do.  If you default on your payments - your CD goes to cover the debt, and the card gets cancelled. But make absolutely sure that you do not default. Charge between 10% and 30% of the credit limit each month, not more. Pay the balance shown on your credit card statement in full every month and by the due date shown on your monthly statement.  It will take a while, but you would typically start noticing the improvement within ~6-12 months. Stop applying for stuff. Not store cards, not car loans, you're not going to get anything, and will just keep dragging your scores down. Each time you have a pull on your report, the score goes down. A lot of pulls, frequent pulls - the score goes down a lot. Lenders can see when one is desperate, and no-one wants to lend money to desperate people.  Optimally lenders want to lend money to people who doesn't need loans, but in order to keep the business running they'll settle for slightly less - people who don't usually need loans, and pay the loans they do have on time. You fail on both, as you're desperate for a loan and you have unpaid bills on your report."}
{"_id": "24158", "title": "", "text": "Someone online asking for your bank account info never has your best interests at heart. They can send you a check and while it may take a while to really clear, they can't use it to suck money out of your account. Be very cautious."}
{"_id": "24161", "title": "", "text": "SeaWorld had plans to expand the whale habitats. Huge frickin habitats for the whales. However, they no longer can afford to do it due to declining income. As far as other animals, Busch Gardens Tampa has 65 acres of animal habitat in the Serengeti plain alone. The apes have huge enclosures modeled after their natural habitats as well. The parks can't exactly replicate their native environments but they do their best in ways that are safe for the animals, handlers and visitors to the park."}
{"_id": "24165", "title": "", "text": "Update: here is a message the seller just sent me. Does this make sense?  I spoke with my bank again and they explained it a little better for me. I guess how it works is they will print out something for you that is called an affidavit in lieu of title that states they are no longer the lein holder and to release it to you. You then take that to the dol and they get it put in your name. He says that's how they do it all the time. When we get to the bank, the teller just verifies the check and I deposit it and they release the funds to pay off the account and that's when you would get the paperwork. You would be there for the whole process so nothing is sketchy. Sorry it's such a pain, I didn't understand how that worked. We've never sold a car with a loan on it before."}
{"_id": "24179", "title": "", "text": "&gt; integrity and honesty is the lifeblood of any company who wants to stay in business for longer than a short period  But this is not what we have seen in the real world. Plenty of successful, prominent companies have abused their power, taken advantage of customers, or done things that harm the public. People have imperfect information and often don't know much about any given company."}
{"_id": "24186", "title": "", "text": "No. That's backward thinking. These people are being held below a  livable standard by otherwise failed business models. This country has the most profitable businesses in the world. Those jobs will be replaced, and those people will be better off. That is how markets work.  Individuals who would rather see people toil endlessly for terrible businesses kept on life support by poor economic policy are the ones who should be ashamed."}
{"_id": "24188", "title": "", "text": "How do ETF makers like Direxion make money? Since the contents of the ETF are known, why would anyone pay a premium to buy the basket of securities that it is composed of? Couldn't I just assemble the ETF myself for free?"}
{"_id": "24191", "title": "", "text": "This is how I've understood this concept. Fibonacci nos/levels/ratios/%s is based on concept of sequential increment. You may find lot of info about Fibonacci on net. In stock market this concept is used to predict psychological level. While a trend is form, usually price tend to accumulate/consolidate at these level. How the percentage/ ratio make impact is  - check any long trend...Now draw a fibbo retracement from immediate previous high and connect it's low. You will see new levels of intermediate trend. In broader term you will find after reversal a leg (trend) is formed, then body and then head which is smaller; then price reverses. The first leg that forms if it refuses to break 23.6% or 38.2% then the previous trend may continue. 50% is normal; usually this level is indecision phase. Even 61.8% is seen as indecision but it is crucial level as it is breakout level towards 100%. Now if the stock retraces 100% then it is sign a new big trend is forming. Now for day trader 23.6%,38.2% and 50% level are very crucial from trading purpose. This concept is so realistic that every level is considered and respected. Suppose if a candle or bar starts at 23.6% level and crosses 38.2% and directly hits 50%. Then the next bar or candle will revert and first hit 38.2% and then continue with the trend. It means price comes back, forms it area at this level and then continue whichever direction the force directs it. You never trade fibo alone, you need help of oscillators or other tools to confirm it."}
{"_id": "24214", "title": "", "text": "&gt; A significant proportion of recent economic growth has relied on borrowed money -- today standing at a dizzying 325 percent of global gross domestic product. Debt allows society to accelerate consumption, as borrowings are used to purchase something today against the promise of future repayment. Unfunded entitlements to social services, health care and pensions increase those liabilities. The bill for these commitments will soon become unsustainable, as demographic changes make it more difficult to meet."}
{"_id": "24218", "title": "", "text": "\"You need a GOOD *ERP* (or at least MRP II) implementation; which means you need someone VERY familiar with (or someone who *becomes* very familiar with) your business to get it done right.  Those don't come setup for some unique business as an \"\"off the shelf\"\" thing; and while many are \"\"customizable\"\", you can easily end up in customization hell (both dollar-wise, operation-interruption-wise, and [technical-debt](http://en.wikipedia.org/wiki/Technical_debt)-wise).  But this really begs for someone to ask: **Why are you not maintaining &amp; updating your existing custom software?**  Why attempt to ditch something that is (hopefully) \"\"working\"\" fairly well, for the *highly risky* prospect of some entirely new (untested) system?    Is the business-logic and the operation of the old system working well?  While it might seem to be costly in terms of time &amp; money, your BEST BET (in my experience) would be to get a REALLY GOOD programmer (possibly with a cheap assistant/temp helper to do some grunt work for him) to document, maintain, and then slowly upgrade your current (already in place) software (and/or rewrite it to use modern DB's, web interfaces, etc.)   Because changing out your MRP system is like replacing all the arteries and veins in your body... it will NOT be a pleasant experience (and the patient may not survive the operation, even if the implementation is a labeled a \"\"success\"\") -- the business graveyard is littered with the corpses of ERP/MRP victims.  The \"\"big dogs\"\" have three HUGE upfront cost areas: 1. The \"\"consultants\"\" (in various teams/stages); 2. The underlying database/software costs (initial licenses); 3. The ONGOING licenses; 4. The ONGOING \"\"customization\"\" fixes (if you ever want to upgrade -- alas most of the consultants who do \"\"customizations\"\" don't do/document it in a way that facilitates easy upgrades -- in part because that would significantly reduce their income).\""}
{"_id": "24222", "title": "", "text": "High water table next to a river may be a serious flood risk - and flood insurance on a buried multi thousand gallon tank of gas may be prohibitively expensive. Everything I've read and experienced about gas station is that you don't make money off the gas - as in the margin is almost nill. Also in 10-20 years what percentage of cars on the road will be electric?"}
{"_id": "24227", "title": "", "text": "No offense to any bankers who are reading, but i find it remarkable that they can confuse what I'd expect to be an otherwise simple explanation. If at the end of each day the interest is added, you go to sleep with a new balance. At the moment it's added, you have no interest due, just a higher principal amount than when you went to sleep last night. When I view my loan, I know how much interest added to principal since the last payment. Any amount I pay over that has to go to principal. Forgive me, but the rest sounds like nonsense."}
{"_id": "24231", "title": "", "text": "If one makes say, $10K/mo, and the company will match the first 5% dollar for dollar, a 10%/mo deposit of $1K/mo will see a $500/mo match. If the employee manages to request 90% get put into the 401(k), after 2 months, he's done.  If the company wished, they could continue the $500/mo match, I agree. They typically don't and in fact, the 'true up' you mention isn't even required, one is fortunate to get it. Many companies that match are going the other way, matching only after the year is over. Why? Why does any company do anything? To save money. I used to make an attempt to divide my deposit over the year to max out the 401(k) in December and get the match real time, not a true up."}
{"_id": "24254", "title": "", "text": "If you are just starting out learning to code then really just pick a language. You'll learn some principles that can be transfered to other languages and with experience that becomes easier every time.   Python is easy great for beginners since it is free, has a great community and support online, and is pretty well suited for data analysis. There are several books for using Python for finance (Google that phrase). Python is also quite popular for web development which might be another way to learn to code. It will require learning HTML and sql/databases besides python but even so might be more accessible rather than jumping into data analysis while learning how to code. Depends on the person though."}
{"_id": "24260", "title": "", "text": "No. PayPal payments are credited to a PayPal account. PayPal doesn't let you pay arbitrary banks or credit cards, that defeats the purpose of PayPal and there are other services which can do that cheaper or with less hassle. You need to find another mutually available and satisfactory option with your client."}
{"_id": "24269", "title": "", "text": "\"Companies absolutely know who ALL their shareholders are. Ownership is filed on Form 3/4 and in 10-Q/Ks. Look there.  Guidelines for required disclosure are as follows: 1) Individuals must disclose when their ownership exceeds 5%; 2) Non-individual legal entities (read: companies; e.g. a hedge fund) must disclose when their ownership exceeds 10% (Form 13-F); and 3) All Officers and Directors Notice the word \"\"required.\"\" For example, a entity (individual/company) may file \"\"confidentiality letter\"\" (which allows them to delay disclosing ownership) with the SEC as they are building a position.  So at any given point in time the information that is publicaly available may not be \"\"up-to-date.\"\" And in all cases beneficial owner(ship).\""}
{"_id": "24277", "title": "", "text": "I suppose if you consider tax liability, and when you moved back in with your parents they started claiming you as a dependent on their taxes, but otherwise single-filer means you are your own household regardless of who rents to you."}
{"_id": "24282", "title": "", "text": "Crochet is your one stop destination for free crochet patterns for blankets. Whether you want a simple basic Afghan crocket pattern or a bit more advanced pattern, our detailed, easy to follow free patterns can help you create the desires Afghans like baby Afghans, granny square Afghans and much more."}
{"_id": "24306", "title": "", "text": "Although I posted this question more than a year ago, I subsequently read information which may be of use as an answer, specifically regarding Pritchard Stockbrokers in the UK several years ago, in which the FSCS stepped in to compensate investors, as detailed in the following: http://www.fscs.org.uk/what-we-cover/questions-and-answers/qas-about-pritchard-stock-6n940n01k/ http://www.ft.com/cms/s/0/89957c56-21e4-11e3-9b55-00144feab7de.html#axzz3crZYbGZ9 For reference, in case the links above are at some point in future taken offline, the FSCS FAQ states: Q: I had \u201cdeposited\u201d money with Pritchard so can I expect \u00a385,000 compensation from FSCS?  A: No. Pritchard was not a deposit-taker so the money held does not qualify under regulatory rules as a deposit. The money will be treated as an investment, which carries maximum FSCS compensation of \u00a350,000 per person. FSCS has no discretion to pay any more. Q: What happens if my losses are over the FSCS maximum of \u00a350,000 and I accept the FSCS\u2019s compensation?  A: If you choose to accept compensation from FSCS, you will be required to assign (or legally transfer) to FSCS all of your rights to claim in the Administration. FSCS will then claim in the Administration standing \u201cin your shoes\u201d and will claim for the whole of your loss, even if it was over \u00a350,000. When FSCS receives the dividends in your place it will then pay to you any amounts recovered to ensure that you do not suffer a disadvantage for having accepted FSCS compensation first. Example 1: Loss = \u00a380,000 FSCS compensation = \u00a350,000 Dividend of 50p/\u00a3 received by FSCS = \u00a340,000 FSCS pays \u00a330,000 to claimant so he is fully compensated (total \u00a380,000), and retains \u00a310,000 recovery for itself Example 2: Loss = \u00a3100,000 FSCS compensation = \u00a350,000 Dividend of 50p/\u00a3 received by FSCS = \u00a350,000 FSCS pays \u00a350,000 to claimant so he is fully compensated (total \u00a3100,000), and retains nothing for itself FSCS does not have to have make a full recovery of its \u00a350,000 before it starts paying its dividend recovery on to claimants. Claimants are not compelled to claim from FSCS, or to accept the FSCS offer of compensation. If a person does not want to transfer his legal rights to claim in the Administration to FSCS in return for accepting the payment of compensation, then s/he can decline our compensation and continue his claim in the Administration. After s/he has received the dividend(s), s/he can then return to FSCS to claim for any remaining shortfall. Therefore, the answer provided by @DumbCoder was correct, but in circumstances where fraudulent activity would mean otherwise, the FSCS was willing to intervene on the behalf of investors."}
{"_id": "24308", "title": "", "text": "\"This article on the landlord website Property118.com shows a simple example, demonstrating that a private landlord with a mortgage could see a huge jump in their effective tax rate (in this case, from 18% to 67% by 2020), while a corporate landlord will see no change at all. There's also a link in that article to a detailed report which is highly critical of the tax changes. The government obviously take a different view! (See here for more worked examples of how the tax changes will be applied). More information can be found on this on various landlord sites. A key phrase to look for is \"\"section 24\"\", referring to the section of the Finance (No. 2) Act 2015 which implements the change. Note that this change only applies to private landlords (i.e. those who own a property personally, rather than through a company), and who have a mortgage on the property, and who (after the new calculations) are higher or additional rate taxpayers.\""}
{"_id": "24309", "title": "", "text": "The idea that you should buy quality, long lasting clothes shouldn't go unchallenged. It's just not true for everybody. If you have a job or a lifestyle that makes it so your clothes are going to get worn out fast regardless of quality, buying expensive clothes doesn't make sense. With that said: look for heavier-feeling fabrics, avoid colors that will fade (or worse: bleed into your other clothes in the wash). Check the laundry instructions so you can see whether they're on the delicate end of the spectrum. Re: how to extend the life: avoid bleach. Even color safe bleach contains peroxide which can break down fabrics faster."}
{"_id": "24311", "title": "", "text": "FWIW I passed CFA L1 with almost no understanding of financial statements. It's super important like others said but if you're good at the other areas a pass is possible. I used ADAPT prep which was really good"}
{"_id": "24323", "title": "", "text": "\"The personal checks may be due to their bank not issuing the company checks yet and there may also not be a payroll system in place at this time. So far as the W2's are concerned you should probably ask the owner if they plan on distributing them to the employees. If the owner has no interest in making you proper \"\"on the books employees\"\" let them know that they should probably be paying you in cash so that if the IRS comes you wont be tied to it. Obviously working in cash (off the books) has its drawbacks (no rights or protections) and benefits (no taxes).\""}
{"_id": "24344", "title": "", "text": "\"First, is population density. You didn't say where exactly, but for example here in Tampa, Wells Fargo has 25 branches in the area  (though that is a bit larger then what I would think of the Tampa area as a local) Second, we can mix in service expectation. I expect that in addition to \"\"good\"\" online service, \"\"great\"\" phone service, \"\"great\"\" email service, that when I have a problem, don't understand something, or want to talk about my options for investing or choosing account types, that I am able to go into a branch. That I can \"\"walk in\"\" and see someone quickly, or schedule an appointment and see some one right away (at my appointment time).  Together, these two options means that on a busy day, the nearest Wells Fargo Branch to me has at any one time, 50 - 60 people in it. Smaller branches, of course have less, and larger branches exist. So it just takes that many branches to address the number of people and their expected needs.  As to why there are so many different brands/banks Well that's just the USA. We believe in capitalism. We have believed in it much stronger in the past, but banks are the central to capitalism so why shouldn't they serve as an example.  At it's core (a very simplistic look) Capitalism and a free market means that we as customers are better served by having lots of different brands fighting for our business. It should drive more consumer desired features  (like lower prices, higher interest rates, better fee schedules, etc.) while forcing those brands to operate \"\"better\"\". (Just ignore the bail out, that's a loaded topic) So for some of us, we want a big bank like Wells Fargo, because we want the rates, structure, and service they can provide as a \"\"big bank\"\". For others they want the more personal touch of a \"\"small bank\"\". There are benefits both ways.  For example there may be a bank that only allows people with excellent credit to open accounts. That allows they to have lower over all mortgage rates, but means their checking accounts have higher minimums. While the next bank may be more inclusive, and have smaller minimum balances, but as a result charge more for loans.  We like our options, and rest assured all those \"\"brands\"\" offer products that have differences that attract customers.\""}
{"_id": "24345", "title": "", "text": "[KarmaKaiser](http://www.reddit.com/r/business/comments/mw301/5_reasons_money_can_buy_happiness/c34ecvh) posted a nice article about why money doesn't buy happiness, one of the reasons is that people are incorrect about what makes them happy. So I could even argue that you shouldn't be absolutely certain about *yourself*. You may be right, just don't be too sure :-)."}
{"_id": "24350", "title": "", "text": "&gt; Securitize the mortgages and sell them off to hapless clients.  to expand on that, these loans were being packaged with 100s of others and sold to investors who could not possibly be bothered with examining each of the properties or borrowers.  They were sold for decent fees to the bank, and if the bank sold them all, had no risk, and pocketed fees from both ends.  The banks needed as many loans as possible because they thought they could sell them all.  The significance of this admission isn't so much that it was always ridiculous that the illiterate and unsophisticated were taking advantage of banks generosity, but that they can no longer say the ridiculous with a straight face."}
{"_id": "24365", "title": "", "text": "\"Ex-Apple Store employee here. I didn't read the article, but then again I didn't need to. Apple is a great company, blah blah blah. Here's the bottom line: If I sell $15,000 of computers in 6 hours (something that's not so terribly hard to do), I still get paid the same $11.5/hr. Why the fuck should I work harder to sell? Pressure from above. Also they print a list of how much everyone has sold by day, week, month, quarter and YTD. You want to be in the top 5 of that list.  Now, I worked there from 2008-2010, so things could be a lot different there now. But I suspect they're not. There's a huge amount of churn, as someone said, and I'd argue that it is entirely to keep happy smiling dumb faces there all the time. The \"\"Lifers\"\" are huge tools who suck big ones.   I still love Apple. Just glad I don't work for them.\""}
{"_id": "24375", "title": "", "text": "Most inversion and tax sheltering deals like this are structured whereby their US division sends any profits to their offshore division as intellectual property licensing payments, or some form of financial instrument like inter-company loans, and the interest payments just so happen to be about as large as the US profits in that particular year.  Every time rules have been proposed to try and limit these sorts of arrangements, either they get killed in congress or additional loopholes are discovered and the same behavior continues."}
{"_id": "24385", "title": "", "text": "The best answer I can give is - be prepared for change. There's no perfect question you can ask or assurance you can get prior to accepting the offer that will give you any particularly perfect security or sense of stability here.  The company itself is going through a change of identity that can change how it will do business and even what the business is and how revenue is acquired.  In the time of the acquisition your role within the company could change radically for better or worse, it could even be eliminated entirely. If that type of uncertainty doesn't appeal to you - don't take the position. If you are absolutely psyched about this job, the best thing you can do is to learn more about the business itself and see if you can make any educated bets about how your role will play into the changes in business strategy that will come with the acquisition."}
{"_id": "24394", "title": "", "text": "Sure they do, NY literally did just that..  https://www.google.com/amp/s/www.theverge.com/platform/amp/2016/10/21/13361536/airbnb-new-york-cuomo-bill-ban-short-term  I'm still right and everything you say STILL doesn't refute the fact that every city that has similar laws, yet, AirBnB still allows listings; is bustling with listings.  Nothing you're saying is remotely helping your case."}
{"_id": "24396", "title": "", "text": "I think it will be some time before we see the full effect this legislation will have on the overall markets. Insurance, as an industry is a tricky beast. Logically speaking for an industry outsider it may make sense that with more customers the insurance industry will mak emore money but, in actuality many people who could not previously get insurance are going to be getting insurance. What this means is that though the insurance companies will have more clients thier costs are likely to go up substantially. Which in turn will create downward pressure on profits and as a result stock prices."}
{"_id": "24404", "title": "", "text": "For the rollover, you should probably talk to the recipient manager.  This would be your broker or whomever (your new employer if rolling into another 401k).  They should be able to update you on progress and let you know if you need to do anything.   In a comment, you say  I could be putting in money but instead im lossing. There is no requirement that an IRA have 401k money in it.  Just put the money in without the existing money.  Eventually the rollover will complete and add that money to whatever you contribute to the IRA.  The rollover should not affect your future contributions in any way."}
{"_id": "24417", "title": "", "text": "This shifting is costs is made even worse by the fact that the worst breaches are coming from companies that most consumers don't have a choice about dealing with. Therefore, there isn't even a market incentive to encourage companies to behave better. If a bank or credit card had no fraud protection, or showed the level of incompetence Equifax has shown, people would move their accounts. However most of Equifax's victims didn't really have a say about whether Equifax had their data."}
{"_id": "24421", "title": "", "text": "The Canada Revenue Agency describes in detail here what information businesses must generally include on their invoices so that GST/HST registrants can claim Input Tax Credits (ITCs) for the expenses. Quote: Sales invoices for GST/HST registrants You have to give customers who are GST/HST registrants specific   information on the invoices, receipts, contracts, or other business   papers that you use when you provide taxable goods and services. This   information lets them support their claims for input tax credits   (ITCs) or rebates for the GST/HST you charged. [...] The page quoted continues with a table describing what, specifically, needs to be on a sales invoice based on the total amount of the invoice; the requirements differ for: total sale under $30, total sale between $30 to $149.99, and total sale $150 or more. For the total sale under $30 category, the only things a sales invoice must contain to support an ITC claim are (1) the provider's business name, (2) the invoice date, and (3) the total amount paid/payable. i.e. When the total sale is under $30, there is no requirement for any GST/HST amount to be indicated separately, nor for a business number to be present on the invoice. Hence, IMHO (and I am neither an accountant nor a lawyer), if your Uber rides are for $30 or less, then you shouldn't expect a GST/HST number anyway, and a simple invoice as described should be enough for you to claim your ITCs. Whether or not the provider is registered in fact for GST/HST is beside the point. For amounts over $30, you need a bit more. While the page above specifies that the provider's business number should be included beginning with the next level of total sales,  there are exceptions to those rules described at another page mentioned, Exceptions to invoice requirements, that specifically apply to the taxi/limousine case. Quote: Exceptions to invoice requirements GST/HST registrants are required to keep the necessary documentation   to support their claim for ITCs and rebates. In certain circumstances   the documentation requirements have been reduced. [...] For taxi or limousine fares your books and records must show: So at a minimum, for fare in excess of $30 total, you should ask the driver to note either (a) the amount of GST/HST charged, or (b) a statement that the fare includes GST/HST. The driver's business number need not be specified. Consequently, if your receipt for a ride in excess of $30 does not contain any such additional information with respect to GST/HST, then I would expect the receipt does not satisfy the CRA's requirements for supporting your ITC claim. i.e. Keep your individual rides under $30 each, or else get a better receipt from the driver when it is above that amount. p.s. It should go without saying, but your rides, of course, must be considered reasonable business expenses in order to qualify for GST/HST ITCs for your business. Receipts for rides of a personal nature are not eligible, so be sure to maintain proper records as to the business purpose and destination for each ride receipt so claimed."}
{"_id": "24431", "title": "", "text": "\"this is terrible... \"\"make a culture from the brand?\"\"... they listed apple's \"\"think different\"\", but not ONCE was that brand tied to their culture... nor was anything about google's brand tied to the questions it asked.  I stopped reading after about the third bullet. Stupid. Completely stupid.\""}
{"_id": "24459", "title": "", "text": "\"You'd have to check the rules for your broker to make sure that the term is being used in its usual sense, but the typical answer to your question is \"\"no.\"\"  A GTC will execute during market hours.  You would need to explicitly specify extended hours if you want to execute outside of market hours (which your broker may or may not support).\""}
{"_id": "24462", "title": "", "text": "You first compute your Ordinary Income (which includes Dividends, since they are taxed as OI), then you apply the standard tax bracket function to it, which is a piecewise linear function f() such that TAX = f(INCOME). It can be found at About.com. You can transform this into NET_INCOME = g(INCOME) = INCOME - TAX = INCOME - f(INCOME). Presumably g() is what you want to graph. I've actually graphed it before:  Not too interesting, even on a LogLog scale. More interesting is the marginal tax rate, which is the derivative of f(), or the negative of the derivative of g():  ST (straight tax) shows what the marginal tax rate would look like if f() was just f(x)=kx or f(x)=kx+c, i.e. a straight/flat tax. The net tax rate (f(x)/x) actually gets more interesting if you also include [federal subsidies/deductions](Src: http://fbheron.org/wp-content/uploads/2014/03/fedassistance_ft.jpg) as a negative tax:  Capital Gains are taxed separately and have (almost) nothing to do with this function. Corporate tax is not payed by you (although the burden of the tax [technical term] may fall upon you). Sorry I couldn't simplify; taxes are just complicated."}
{"_id": "24463", "title": "", "text": "Yes. As a general case, insurance proceeds are repaying you for the damage that you have already incurred, not specifically for fixing anything.  Since you have the legal right to sell the house as-is, without fixing it up at all, then you have the legal right to spend the insurance proceeds how you see fit. You can upgrade, downgrade, alter or replace your deck in any reasonable way... or do nothing.    You should call your agent and make sure that there is nothing unusual in your policy, but this kind of homeowner decision - what materials or methods to fix damage to a home... is very normal and unremarkable, so your agent will probably reassure you and end the conversation without a second's thought."}
{"_id": "24466", "title": "", "text": "\"&gt; that it violates the price floors on various products  Valve Software and their Steam service has also been accused of this by the big name game vendors, specifically regarding their Xmas and Summer sales.  \"\"oh noes, you're devaluing the price floor of games! Now our customers will expect reasonable prices for old games, and might not buy our brand new $80 games!\"\"  http://www.reddit.com/r/GameDeals/comments/nmuej/steam_christmas_sale_day_4/\""}
{"_id": "24494", "title": "", "text": "I think your right that these people don't have zero bargaining power, but even with everything you've listed, they still don't have much. The difficult thing we have to deal with as a society is that some portion of our population isn't capable of or willing to provide enough value in the labor market to support themselves sufficiently. Personally I think the solution to that is more MGI or UBI. Tampering with the market price for labor just creates an artificial floor that leaves the least skilled earning the real minimum wage, which is always zero."}
{"_id": "24500", "title": "", "text": "Because nothing ever is so simple. There is a lot we don't know and its a learning process. I will never blindly assume something is true because it seems true or it is convenient for it to be true.   I hear your kind of argument from politicians all the time, just because something is true for them they assume it should be true for everyone. That's why we have doctors, researchers and engineers and economists, they tell you stuff you might not know. So you can either rub a leaf on your stomach for your illness or you can take the pill scientists worked on for years...same argument. I don't assume to know everything, when some one with more experience says something is not, I will consider it. Instead of blindly following my own beliefs."}
{"_id": "24514", "title": "", "text": "The casino market is too saturated. I live in Maryland. Charles Town (WV) casino is 40 minutes away to the north. Live Casino is 40 minutes to the East. A new one is being built in Baltimore city, Holywood is 2 hours away to the further East. People in the region don't really have a good reason to drive 4 hours and go through 10 toll booths to play at AC."}
{"_id": "24537", "title": "", "text": "\"During the day, market and limit orders are submitted at any time by market participants and there is a bid and an ask that move around over time.  Trades occur whenever a market order is submitted or a limit order is submitted that at a price that matches or exceeds an existing limit order.  If you submit a market order, it may consume all best-price limit orders and you can get multiple prices, changing the bid or ask at the same time.  All that stuff happens during the trading day only. What happens at the end of the day is different.  A bunch of orders that were submitted during the day but marked as \"\"on close\"\" are aggregated with any outstanding limit orders to create a single closing price according to the algorithm established by the exchange.  Each exchange may handle the details of this closing event differently.  For example, the Nasdaq's closing cross or the NYSE's closing auction. The close is the most liquid time of the day, so investors who are trading large amounts and not interested in intraday swings will often submit a market-on-close or limit-on-close order.  This minimizes their chance of affecting the price or crossing a big spread.  It's actually most relevant for smaller stocks, which may have too little volume during the day to make big trades, but have plenty at the close.  In short, the volume you see is due to these on-close orders. The spike in volume most likely has no special information about what will happen overnight or the next day.  It's probably just a normal part of the market for illiquid stocks.\""}
{"_id": "24563", "title": "", "text": "Purchasing an option to sell the stock is probably the safest bet. This gives you reasonable leverage, and your risk is limited to the cost of the option. Say the stock currently sells for $100 per share. You think it will drop to $80 per share in the next two weeks and the market thinks the price will be stable. Now, consider an option to sell one share of that stock for $95 any time within the next two weeks. The market would consider that option nearly worthless, since in all likelihood, you would lose out by exercising it (since you could just sell the share on the market for a price expected to be higher than that). You might be able to acquire that option for $5. Now, say you're right and within two weeks, the price drops to $80. Now you can purchase a share for $80, exercise the option to sell it for $95, and pocket $15. That would make you a $10 profit on a $5 investment. If you're wrong, you just let the option lapse and are out $5. No problem. In reality, you would buy a number of such options. And you wouldn't actually buy a share and exercise the option, you would just sell the option back to its issuer for $15."}
{"_id": "24567", "title": "", "text": "is it really so important to have good credit with so much collateral Yes it is important to have good credit, the bank may not lend or may charge higher for bad credit. If you were to default the bank will get all that equity so You are missing the fundamental. Bank cannot take more than what they are owed. When they take possession of house, they auction it. Take what was due from the sale and return any surplus to the owner. This entire process takes time and hence bank wants to avoid giving loan to someone who they feel is risky. Edit: There are different aspects of risk that the bank factors."}
{"_id": "24591", "title": "", "text": "\"You said: \"\"should I make a side contract with the realtor to pay me the commission at closing?\"\" I would imagine that in most (if not all) states, that is illegal. This is because selling real estate is an activity that requires passing an exam on real estate laws and obtaining a state-issued license. You are not \"\"bringing a buyer\"\" because you are not an agent.  If you decide to go directly to the Realtor that has the listing, there is a possibility that the agent might agree to lowering their commission in order to make the sale. However, the agent is entitled to both sides of the commission because they bear all the administrative and marketing costs of the transaction.  The listing agent might choose to enter into a \"\"dual agency\"\" agreement where they would have to fairly represent both sides, but they cannot reveal information that would be helpful to you as a buyer (e.g., why the seller is choosing to sell, other material facts about the property that are not public knowledge, etc.). If there is no written \"\"dual agency\"\" agreement, then the listing agent ONLY represents the seller.  In either scenario, you lose the benefit of a full fiduciary relationship with an agent. So if you choose to deal directly with the listing agent, you are making one of the biggest purchases of your lifetime WITHOUT the benefit of professional representation. Do you really want that? Put another way: would you use your spouse's attorney in a divorce so that you could save money?\""}
{"_id": "24603", "title": "", "text": "\"That wasn't really my point.  I was countering the attitudes that  1.  Landlords vs slumlords - somehow I doubt if the author lives in a real slum with a landlord that provides substandard housing.  Why call a landlord a derogatory name for providing you a place to live&gt;?  2.  The idea that the \"\"slumlords\"\" somehow conspired to artificially inflate, then deflate the quiet and lovely neighborhood.  Pretty ridiculous notion in my opinion.  Not to mention that buying a home in an area with abysmal schools doesn't seem to be a good idea if you have a \"\"gifted daughter\"\", unless you can afford to send her to private schools.\""}
{"_id": "24612", "title": "", "text": "Online money transfer facility from Axis Remit is a quick and easy way to transfer money from USA to India. AxisRemit is Axis Bank's flagship inward remittance service enables you to transfer money to your beneficiaries through the most efficient channels like online money transfer, exchange houses and money transfer operators."}
{"_id": "24640", "title": "", "text": "Assuming both halves have the same serial number printed on them, yes - a glued back together torn bill would be valid. You may exchange it at any US bank. If banks don't want to deal with that - send it to the Bureau of Engraving and Printing (BEP). If you only have one half, and it is exactly one half - then it is useless. That is why the person in the comics said that his halves are useless to him. The banks or the BEP will want at least most of the paper currency to replace it. The act itself (tearing the physical currency intentionally) is a felony with up to 5 years in the Federal prison."}
{"_id": "24648", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://religionnews.com/2017/09/26/witch-doctors-are-sacrificing-children-in-this-drought-stricken-african-country/) reduced by 90%. (I'm a bot) ***** &gt; His remains suggest he was slowly killed as part of a human sacrifice ritual performed by witch doctors, apparently to appease the spirits, said Mukisa, who filed a police report.  &gt; Pastor Peter Sewakiryanga, who heads Kyampisi Childcare Ministries, a Christian organization that fights child sacrifice in Uganda, said children disappear in the country every week.  &gt; Sewakiryanga said his charity worked with Ugandan police three years ago to arrest a witch doctor and his accomplices who sacrificed a 7-year-old girl named Suubi.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72nc9i/witch_doctors_are_sacrificing_children_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~217080 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **sacrifice**^#1 **police**^#2 **Uganda**^#3 **arrest**^#4 **witch**^#5\""}
{"_id": "24659", "title": "", "text": "\"&gt; Well, first of all, how do you define \"\"executive,\"\" and how do you differentiate between executives who had a hand in ruining the company, and those that didn't?   If you're in a VP+/Director position, you don't get blindsided by this shit no matter what which division you're responsible for unless the company has serious communication issues -- which is a tell in and of itself.  &gt; Second, \"\"executives\"\" tend to be flexible, mobile, and have \"\"fuck you\"\" money. Turn off their salaries, and they'll just leave.  I don't find that a very compelling argument. It's the same as the old \"\"You can't tax the rich, they'll just move!\"\" argument, and should be solved much the same way. Okay, let 'em quit. Any stock options they have / other benefits get cashed out and applied to outstanding debts accrued under them before any payout reaches them. They can walk if they want, but they're going to feel it when they go.  &gt; I know Reddit has this fantasy where executives don't do anything but golf and drink all day, but you can't run a company with an empty C-Suite.   I don't pretend that they do, but by the same metric I don't believe that many are worth anywhere near as much as they get paid -- and especially not when they're producing results like this.\""}
{"_id": "24667", "title": "", "text": "You cannot deduct. Even if you could, unless you also hold the mortgage, it's unlikely that you would have sufficient deductions to exceed the standard deduction for a married couple."}
{"_id": "24668", "title": "", "text": "First, the annual report is just that, a snapshot that shows value at the beginning and end of the period. Beginning = Aug 08 = $105B End =       Aug 09 =  $89B Newsletter date May 10 = $96B Odd they chose end of August as it's not even a calendar quarter end. The $16B was market loss during that period. Nearly half of that seemed to be recovered by the time this newsletter came out. The balance sheet also has to show deposits and payments made to existing retirees. I haven't looked at the S&P numbers for those dates, but my gut says this is right. The market tanked and the plan was down, but not too bad.  Protect? The PBGC guarantees pensions up to a certain limit. I believe that in general, teachers are below the limit and are not at risk of a reduced benefit. You do need to check that your plan is covered. If not, I believe the state would take over directly. I hope this helps."}
{"_id": "24676", "title": "", "text": "\"#1  The Affordable Care Act is not a gift to anybody except the insurance and drug industries.   It actually saves the federal government and employers money by giving employers a semi credible \"\"RFOTA\"\" to lay off or cut the hours for their \"\"overpaid older workers\"\" &lt;/sarc&gt; For the government money is saved by shifting families and low paid workers out of expensive government programs like SCIP and Medicaid into hugely profitable individual private insurance plans of lower actuarial value. That effectively shifts the burden to the states and sick people.  Why no discussion about the earth-changing implications of exponential growth in technology on employment?  We need to fund education substantially better or we are soon going to be a nation of largely unemployed people.\""}
{"_id": "24688", "title": "", "text": "Regarding:   1) What's the point of paying a dividend if the stock price automatically decreases? Don't the shareholders just break even?   As dividends distribution dates and amounts are announced in advance, probably the stock price will rise of the same amount of the divident before the day of distribution. If I know that stock share A's value is y and the dividend announced is x, I would be willing to buy shares of A for anything > y and < than x+y before the distribution.So, arbitrageurs probably would take the price to x+y before the dividend distribution, and then after the dividend distribution the price will fall back to y."}
{"_id": "24702", "title": "", "text": "It looks like your Solo 401K loan will need to repaid in 5 years.  If you borrow too much in order to pay back in this time you run into the typical 401K loan risks, that it is considered a distribution.  Don't borrow more then can be repaid in that time. When you borrow money from your 401K, it is no longer invested in the market.  Lets assume  that you are borrowing at 6% or so, and your LOC is at 3.5%, and the mutual funds you are invested in are returning 9%.  You would be better off with the LOC.  As you are paying 3.5% but earning 9%.  Keep in mind with a LOC that is variable you have interest rate risk, where you don't really have that with the 401K loan. I think the 401K loan is riskier then you are allowing.  If you do not pay it back within the allotted time, you get nailed for 40% of the unpaid balance.  That is quite high.  With the HELOC, you can weather quite a few negative credit events without your home ever being in jeopardy."}
{"_id": "24706", "title": "", "text": "In Canada, the majority of your taxes are remitted by the employer on your behalf after the employer deducts the calculated amount from your pay. Then when you file your income tax return you pay (or get reimbursed) the difference stemming from your particular social situation. Note that this is optional. The employer has to pay its own part of some deductions, but the employee can opt out from getting the standard amount of income tax deducted at source. It is his responsibility alone to pay for his taxes. So in this context, it's entirely possible to advertise an approximate net salary. Most of the accounting over here is done by way of accounting software, and those that support payroll go through a testing and acceptance phase for each revision to the tax tables, so the amount calculated is usually pretty exact (I got reimbursed 120$ last year)."}
{"_id": "24711", "title": "", "text": "&gt; Aldi  I see this place hyped up so much on Reddit and I had a chance to pop into one lately. We have a bunch of ethnic grocery stores that basically sell the same stuff but with way, way, way better produce. The stuff at Aldi was gross. That's like half the reason to go to a grocery store - why bother?"}
{"_id": "24719", "title": "", "text": "&gt;McDonalds  You picked probably the worst possible example, as McDonalds is a Fortune 500 company because of their quality and consistency.  Yes, they offer cheap meals, but for that price they offer very consistent, relatively good, food."}
{"_id": "24722", "title": "", "text": "He is a fucking Idiot who's administration is paralyzed and unable to move, so he spouts some shit in the hope that it looks as if he is doing something, searching for minerals in Ghani's ass was the closest thing to a plan he had."}
{"_id": "24723", "title": "", "text": "\"Well it depends. I doubt the professor is looking for the \"\"basic\"\" answer as you described it. He's mostly likely looking for the above answers (i.e. the Rf is used to value a call in the B-S model).   Like in all classes, you need to know what the prof is really looking for, because many questions can be interpreted many different ways and unfortunately most teachers aren't clear in asking what they want.\""}
{"_id": "24742", "title": "", "text": "Right now, the unrealized appreciation of Vanguard Tax-Managed   Small-Cap Fund Admiral Shares is 28.4% of NAV. As long as the fund   delivers decent returns over the long term, is there anything stopping   this amount from ballooning to, say, 90% fifty years hence? I'd have a heck of a time imagining how this grows to that high a number realistically.  The inflows and outflows of the fund are a bigger question along with what kinds of changes are there to capital gains that may make the fund try to hold onto the stocks longer and minimize the tax burden. If this happens, won't new investors be scared away by the prospect of   owing taxes on these gains? For example, a financial crisis or a   superior new investment technology could lead investors to dump their   shares of tax-managed index funds, triggering enormous capital-gains   distributions. And if new investors are scared away, won't the fund be   forced to sell its assets to cover redemptions (even if there is no   disruptive event), leading to larger capital-gains distributions than   in the past? Possibly but you have more than a few assumptions in this to my mind that I wonder how well are you estimating the probability of this happening. Finally, do ETFs avoid this problem (assuming it is a problem)? Yes, ETFs have creation and redemption units that allow for in-kind transactions and thus there isn't a selling of the stock.  However, if one wants to pull out various unlikely scenarios then there is the potential of the market being shut down for an extended period of time that would prevent one from selling shares of the ETF that may or may not be as applicable as open-end fund shares. I would however suggest researching if there are hybrid funds that mix open-end fund shares with ETF shares which could be an alternative here."}
{"_id": "24752", "title": "", "text": "Gone are the days when in India, the fuel price was revised on every fortnight. Many times you would have filled up the tank one day before to save few bucks. Now, from 16th June 2017 onwards, Government has decided to revise the daily fuel price at 6 AM according to the international crude oil and dollar prices with respect to rupee value. The notion behind taking this step was just to remove the big leap in fuel rates and also a government initiative to maintain the demand and supply situation in equilibrium."}
{"_id": "24781", "title": "", "text": "What's uninformed?  I take this tone often because people who have no clue what the fuck they are talking about go off and lecture other people, bringing up facts that have no thought behind them, and are merely definitions posing as an argument.  Making a statement, then getting corrected, then coming back and simply lengthening the original answer is not an argument.  I'll say it again: our currency is fiat.  It is backed by nothing.  Through the way the national banking system is set up, the vast majority of the money supply in our country represents not only fiat entries, but also debt.  If people can't understand that there are alternative systems that existed other than this, and they are fine with banking corporations having the ability to gain real assets by extending loans which are backed by money created merely by ledger entries, and only backed 10% or whatever by the deposits they have, then I don't know what to tell them.  Some people just like to feel comfortable by appealing to the existing system, and you aren't going to get through to them.  This site is so full of smug morons it drives me up the wall.  It's why I hardly comment anymore.  Pointless."}
{"_id": "24798", "title": "", "text": "Some motorcycle owner uses these spare parts to take motorcycle racing performance. If you have to buy Antique Indian motorcycle you with better to know that online traders will usually provide both new and used motorcycles. We provide all Indian motorcycle spare parts online.You can rely on our motorcycle spare parts and we have served many clients with a complete satisfaction and now we have become the leader in the industry."}
{"_id": "24822", "title": "", "text": "I don't like REITs because they are more closely correlated to the movement of the stock market. They don't really do the job of diversifying a portfolio because of that correlation.  When the stock market dropped in 2008, REITs were hammered as well because the housing bubble burst. Bonds went up, and if you rebalanced (sold the bonds to buy more stock) then you came out much further ahead when the stock market recovered. The point of adding bonds for diversification is that they move in the opposite direction of equities; blunting the major drops (and providing buying opportunities). REITs don't fit that bill. REITs are not undergoing a correction like bonds because the price of real estate is a function of housing supply and buyer demand. Rising interest rates only make it a little harder for buyers to buy, so the effect of rising interest rates on real estate prices is muted. The other effects on real estate prices (more wealth in the economy for buyers) pushes in the opposite direction of the rising interest rates."}
{"_id": "24829", "title": "", "text": "I wonder if Home Depot price drops are just a product of capital outflows from retail ETFs, as investors leave the sector en masse. I think Home Depot is defensible against online intrusion, at least for now. If Home Depot is taking a price hit because investors are conflating it with other obvious retail losers (Barnes and Noble, Target, etc) this might actually be a good time to buy."}
{"_id": "24843", "title": "", "text": "I have no idea what you're talking about or why you think it relates to my point that good people cost money. You need good people in government.  Letting managers make case-by-case decisions only makes sense if you have good managers.  And I hate to break it to you - but lots of good people only do what they do for the money. This is true of doctors, lawyers, pilots, mechanics and janitors. To think otherwise is being childishly naive."}
{"_id": "24846", "title": "", "text": "\"If you are like most people, your timing is kind of awful.  What I mean by most, is all.  Psychologically we have strong tendencies to buy when the market is high and avoid buying when it is low.  One of the easiest to implement strategies to avoid this is Dollar Cost Averaging.  In most cases you are far better off making small investments regularly. Having said that, you may need to \"\"save\"\" a bit in order to make subsequent investments because of minimums.   For me there is also a positive psychological effect of putting money to work sooner and more often.  I find it enjoyable to purchase shares of a mutual fund or stock and the days that I do so are a bit better than the others.   An added benefit to doing regular investing is to have them be automated.  Many wealthy people describe this as a key to success as they can focused on the business of earning money in their chosen profession as opposed to investing money they have already earned.  Additionally the author of I will Teach You to be Rich cites this as a easy, free, and key step in building wealth.\""}
{"_id": "24856", "title": "", "text": "\"In general, there should be a \"\"liquidity premium\"\" which means that less-liquid stocks should be cheaper. That's because to buy such a stock, you should demand a higher rate of return to compensate for the liquidity risk (the possibility that you won't be able to sell easily). Lower initial price = higher eventual rate of return. That's what's meant when Investopedia says the security would be cheaper (on average). Is liquidity good? It depends. Here's what illiquidity is. Imagine you own a rare piece of art. Say there are 10 people in the world who collect this type of art, and would appreciate what you own. That's an illiquid asset, because when you want to sell, maybe those 10 people aren't buying - maybe they don't want your particular piece, or they all happen to be short on funds. Or maybe worse, only one of them is buying, so they have all the negotiating leverage. You'll have to lower your price if you're really in a hurry to sell. Maybe if you lower your price enough, you can get one of the 10 buyers interested, even if none were initially. An illiquid asset is bad for sellers. Illiquid means there aren't enough buyers for you to get a bidding war going at the time of your choosing. You'll potentially have to wait around for buyers to turn up, or for a stock, maybe you'd have to sell a little bit at a time as buyers want the shares. Illiquid can be bad for buyers, too, if the buyer is for some reason in a hurry; maybe nobody is selling at any given time. But, usually buyers don't have to be in a hurry. An exception may be if you short sell something illiquid (brokers often won't let you do this, btw). In that case you could be a forced buyer and this could be very bad on an illiquid security. If there are only one or two sellers out there, they now have the negotiating leverage and they can ask whatever price they want. Illiquidity is very bad when mixed with margin or short sales because of the potential for forced trades at inopportune times. There are plenty of obscure penny stocks where there might be only one or two trades per day, or fewer. The spread is going to be high on these because the bids at a given time will just be lowball offers from buyers who aren't really all that interested, unless you want to give your stock away, in which case they'll take it. And the asks are going to be from sellers who want to get a decent price, but maybe there aren't really any buyers willing to pay, so the ask is just sitting there with no takers. The bids and asks may be limit orders that have been sitting open for 3 weeks and forgotten about. Contrast with a liquid asset. For example, a popular-model used car in good condition would be a lot more liquid than a rare piece of art, though not nearly as liquid as most stocks. You can probably find several people that want to buy it living nearby, and you're not going to have to drop the price to get a buyer to show up. You might even get those buyers in a bidding war. From illiquid penny stocks, there's a continuum all the way up to the most heavily-traded stocks such as those in the S&P500. With these at a given moment there will be thousands of buyers and sellers, so the spread is going to close down to nearly zero. If you think about it, just statistically, if there are thousands of bids and thousands of asks, then the closest bid-ask pair is going to be close together. That's a narrow spread. While if there are 3 bids and 2 asks on some illiquid penny stock, they might be dollars away from each other, and the number of shares desired might not match up. You can see how liquidity is good in some situations and not in others. An illiquid asset gives you more opportunity to get a good deal because there aren't a lot of other buyers and sellers around and there's some opportunity to \"\"negotiate\"\" within the wide spread. For some assets maybe you can literally negotiate by talking to the other party, though obviously not when trading stocks on an exchange. But an illiquid asset also means you might get a bad deal, especially if you need to sell quickly and the only buyers around are making lowball offers. So the time to buy illiquid assets is when you can take your time on both buying and selling, and will have no reason for a forced trade on a particular timeline. This usually means no debt is involved, since creditors (including your margin broker) can force you to trade. It also means you don't need to spend the money anytime soon, since if you suddenly needed the money you'd have a forced trade on your hands. If you have the time, then you put a price out there that's very good for you, and you wait for someone to show up and give you that price - this is how you get a good deal. One more note, another use of the term liquid is to refer to assets with low or zero volatility, such as money market funds. An asset with a lot of volatility around its intrinsic or true value is effectively illiquid even if there's high trade volume, in that any given point in time might not be a good time to sell, because the price isn't at the right level. Anyway, the general definition of a liquid investment is one that you'd be comfortable cashing out of at a moment's notice. In this sense, most stocks are not all that liquid, despite high trading volume. In different contexts people may use \"\"liquid\"\" in this sense or to mean a low bid-ask spread.\""}
{"_id": "24864", "title": "", "text": "\"Without all the details it's hard to tell what options you may have, but none of them are good.  When you cosign you are saying that, you believe the primary signer will make good on the loan, but that if he doesn't you will. You are 100% responsible for this debt. As such, there are some actions you can take. First, really try to stress to your friend, that they need to get you outta this loan. Urge them to re-finance with out you if they can. Next look for \"\"better\"\" ways of defaulting on the loan and take them. Depending on what the loan is for you could deed-in-lue or short sale. You may just have to admit default. If you work with the bank, and try not to drag out the process, you will likely end up in a better place down the line.  Also of importance is ownership. If you pay the loan, do you get ownership of the thing the loan was secured against? Usually not, but working with an attorney and the bank, maybe. For example, if it's a car, can the \"\"friend\"\" sign over the car to you, then you sell it, and reduce your debt.  Basically as a cosigner, you have some rights, but you have all the responsibilities. You need to talk to an attorney and possibly the bank, and see what your options are. At this point, if you think the friend is not that much of a friend anymore, it's time to make sure that any conversation you have with them is recorded in email, or on paper.\""}
{"_id": "24866", "title": "", "text": "Some other factors to consider: If none of those factors are significant to you, then the other answers will do just nicely."}
{"_id": "24881", "title": "", "text": "\"Relative changes in rates are significant.  Why? Exchange rates encourage cross-border trade. For example, I live in an area that is now popular with Canadian tourists, mostly due to the favorable exchange rates. Changes in exchange rates between trading partners can affect trade balance as well. The US \"\"strong dollar\"\" policy made US exports expensive and imports cheaper, which encouraged more imports.\""}
{"_id": "24883", "title": "", "text": "\"I just wanted to give you a different perspective, as I own a house (purchased with a mortgage), with my girlfriend. I think it can be done safely and fairly, but you do need to involve legal help to do it right. There really is nothing to be terrified about, the extra cost to set this up was almost irrelevant in the bigger picture of legal costs around purchasing and the documents describing the ownership scheme are quite straightforward. Maybe it's a UK thing, but it seems rather commonplace here.  We've chosen to hold this as \"\"tenants in common\"\" and use a trust deed for this when we purchased. We had a solicitor write the trust deed and it clearly states what percentage of the house is owned by either party and exactly what the steps would be taken, should we decide to end the trust (e.g. in case of a split-up). This includes things like the right to buy out the other person before selling on the market etc.  We also had to make wills separately to indicate what should happen with our percentage of the property in case one of us died as with this type of ownership it doesn't automatically go to the other person.  Finally we're both on the mortgage, which I guess is the main difference versus your situation. But again, you could get legal advice as to how this should best be handled.\""}
{"_id": "24889", "title": "", "text": "\"Quick correction:   **Affected means impacted.**  **Effected means brought about.**  **You most likely meant affected.**  ^Hello, ^I ^am ^an ^automated ^bot ^who ^tries ^to ^address ^common ^grammar ^mistakes.  ^If ^you're ^annoyed, ^write ^back ^to ^this ^comment ^\"\"PISS ^OFF\"\" ^and ^I ^will ^leave ^you ^to ^peace. [^Learn ^more](http://minefewerbot.com/).\""}
{"_id": "24890", "title": "", "text": "\"Since this is a cooperative I'm guessing your partners may want to be able to view the books so another key point you may want to consider is collaboration.  QuickBooks desktop has all of these same issues because it is meant to be used on a single desktop. We're in an age of mobile devices, and especially in a business like landscaping it would be nice if certain aspects of record keeping could be done at the point and time where they are incurred.  I'd argue you want a Software as a Service (SaaS) accounting package as opposed to \"\"accounting software\"\" which might come on a CD in the form of QuickBooks, Sage and others. Additionally, most of these will also have guides to help make sure you are properly entering your records. Most of these SaaS products also have customer success teams to help you along should you need assistance. Depending on the level of your subscription you may get more sophisticated handling of taxes, customized invoices or integrated payroll. Your goal is to keep accurate records so you can better run your business and maintain obligations like filing taxes. You're not keeping the records just to have them. Keep them in a place where they will work for you and provide the insights and functionality that will help your business grow and become successful. Accounting software will always win in this scenario over a spreadsheet. FULL DISCLAIMER: I work for Kashoo, a simple cloud accounting product designed for small businesses. But the points I mention above are true for Xero, QuickBooks Online and Wave as well as Kashoo. And if you really want expertise to go with the actual software consider service providers with a platform like: Indinero, Bench, easyrecordbooks or Liberty Accounting.\""}
{"_id": "24903", "title": "", "text": "In the rental application you are giving them express consent to check up on your credit and employment history for verification, you must be honest with them, if you have had no income for the last say 6 months then you have simply had no income. If you are worried about it, you can supply them with a longer history if it will help your situation, they may also call your employer to see that you will be returning to work or again receiving some sort of income. But also as stated, talk to the property manager, they can work both ways in either helping or not helping you."}
{"_id": "24904", "title": "", "text": "No you don't. I just went through 6 months of your history, and you didn't make a single comment of the sort.   Edit: it makes me sad that I got downvoted for pointing out a lie, just because it has to do with apple."}
{"_id": "24905", "title": "", "text": "So your plan is to wait for the whales to die of old age, with sea world caring for them the entire time, during which you will condemn sea world for doing this while acknowledging it's their only option at this point.   Ok."}
{"_id": "24907", "title": "", "text": "nearly 30 percent of households headed by someone 55 or older have neither a pension nor any retirement savings. I don\u2019t know what these people are going to do or what our country is able to do about it, but this is a black swan that\u2019s staring us right in the face. Hundreds of thousands of Americans are going to run out of money.  Try millions. We are headed back to the days before the New Deal."}
{"_id": "24911", "title": "", "text": "Gee. Wouldn't it be nice to have that Russian car market back again? And how about oil &amp; gas field technology services (lucrative).  If only there was no regime-changing US State Department led by meddlesome neocon Victoria Nuland on too long a leash together with such bit part players as ^the ^former ^US ^Ambassador ^to ^Honduras, everything would have gone along swimmingly.   Farcical."}
{"_id": "24912", "title": "", "text": "&gt; WTF is 'non-government' savings?  The non-government consists of the private and foreign sectors. That is, everyone not the government.  Every year the government pays the non-government (ie: us) more than it taxes us, our savings increases. Every year it taxes us more than it pays us, our savings decrease.  &gt; Its not a bad thing... unless interest rates rise.  The Fed sets the risk-free rate on USD, and there isn't much one can do with USD that's lower risk than loaning it to the US government.  It's for this reason that Japan doesn't run out of yen. The Japanese government's debt is just the huge pension funds accumulated by the risk-adverse aging population. Every year the Japanese private sector saves yen, the Japanese public sector is left dissaving it. It's not a problem though, as the Japanese government's no more going to run out of yen than the US government USD."}
{"_id": "24917", "title": "", "text": "Voluntarily assuming a loan is a bad idea, especially for a non-investment purpose. It would be one thing to take on a loan to operate a business or buy a piece of capital equipment, like a machine that would make you money. Borrowing money to have a more luxurious house is foolish. The smart move is to buy a good quality home that will meet your needs for as little as possible. Having $800,000 leaves a quit a bit of leeway in that department. You don't say where you live, but if this occurred in my area (eastern Massachusetts) I would buy a house for $500,000 and then invest the remaining $300,000. If I lived in the California bay area, it might be necessary to spend the whole $800,000. Either way there should be no need to borrow money. Also, if you buy a house for cash, often you can get a substantially better deal than if you have to involve a bank. Not owing anyone money is a huge psychological advantage in business and in life in general. View being debt-free as a springboard to success and happiness."}
{"_id": "24931", "title": "", "text": "You're saying that the best plan for America to remain relevant in the global economy is to *not* encourage education? Because it's too expensive?  I think that a better plan might be to notice all the other OECD Nations that are able to provide cheap or free education and try to copy that."}
{"_id": "24933", "title": "", "text": "\"The answer depend nearly 100% on how the offer and contingency read. When I have a client make an offer, the contingency includes an inspection, but the buyer would have no obligation to accept a counter offer. i.e. the offer can be withdrawn due to \"\"I didn't like the inspection report, and do not wish to negotiate any repairs.\"\" In fact, the buyer need not disclose which fault was the cause. The buyer pays for the inspection and the report is his property.  On the other hand, I agree, if it's only radon, the venting fix is common, and you may be paying for many inspections only to find one house after another with this issue.\""}
{"_id": "24979", "title": "", "text": "There is most likely an error in the WSJ's data.  Yahoo! Finance reports the P/E on the Russell 2000 to be 15 as of 8/31/11 and S&P 500 P/E to be 13 (about the same as WSJ). Good catch, though!  E-mail WSJ, perhaps they will be grateful."}
{"_id": "24994", "title": "", "text": "In the US, paper checks are still the rule, and there is a large amount of the population that does not care to use online banking. As a result, those people need to go to the bank once a week or more often, to deposit checks they get from anywhere, to get cash, etc.; so all those little banks have traffic. This is slowly changing, and banks start to automatic the processes even in the brick-and-mortar location, but for now, they are around."}
{"_id": "25013", "title": "", "text": "I don't see kids that are just post-college as feeling like they're entitled at all. If anything, I see just the opposite.  Everyone I see that's around 21-25 has some other shit going on besides their normal work.  I had a neighbor that sewed/sold bike accessories, I see guys fixing up old mopeds and they have office jobs.  A gal at the coffeeshop recycles some cast-off materials and makes designer wallets.  I see some really enterprising stuff from this generation.  I see these same people busting their asses for a corporation that doesn't pay them well because they don't have to (why waste a good recession?).  I just don't see it in my personal life.  It's easy to turn on MTV and make generalizations about idiots in high school (and we were all idiots in high school).  I find it appalling that there are so many of these bullshit stories about how there's just this big problem of nobody with the skills to do the work that's demanded.  These companies that would just love to hire more people - if there was only someone out there with the skills they need.  It's complete bullshit.  If they can't find anyone, it's because they're not offering the right economic incentive... there are millions of unemployed folks out there right now that can be trained."}
{"_id": "25014", "title": "", "text": "As a parent I think you absolutely have to teach them that income is related to work because (for most people at least) it's a more fundamental principle than budgeting, investments, interest, etc. Once they've learned that the primary source of income is work, then you can start teaching them what to do with it, i.e. how to budget, economise, save, invest, etc."}
{"_id": "25019", "title": "", "text": "I think the first step is to get an accountant whose advice you believe. Your accountant is far better placed to advise you on what sounds like a fairly complicated, fairly high stakes corporate arrangement than the internet.  I would go back to the accountant and get him to explain in writing what his specific advice is. If you still don't like it absolutely get a second opinion. You may also want to speak to a lawyer."}
{"_id": "25029", "title": "", "text": "\"Technically, no. According to the dictionary, a folio is a single sheet, and a portfolio is a folder or case for keeping your folios. In finance, your collection of investments is called your portfolio, probably because your broker (before the digital age) would keep the records of what each of his clients held in separate portfolios.  However, I have seen the word folio used as a short colloquialism for portfolio, and if you google \"\"investment folio\"\" you will see it used this way, mainly in trademarked names of financial firms.\""}
{"_id": "25061", "title": "", "text": "1.  this is not the correct sub, try /r/Entrepreneurs or similar 2. Banks only care about 1 thing: collaterals with personal guarantee from the owners/shareholders of the business. Nothing else matters, don't waste your time with a business plan.  (Yes ELI: bank only give money to people who have money)."}
{"_id": "25065", "title": "", "text": "Welcome to Reddit, where everybody *knows* that they're smarter than their boss, and if they were in charge they'd get everything fixed up right quick!  Nobody ever considers, just for a second, that there might be a reason for the madness - or that executives might not *all* be drooling idiots concerned with nothing but office politics."}
{"_id": "25069", "title": "", "text": "While the US hosts most of the world's innovative startups, its own financial and banking systems are very slow to change.  The infrastructure exists, however the ACH transfers are not wide-spread between individuals. Banks much prefer the option of bill-pay (i.e.: as you said, mailing a check, something in other countries people wouldn't even think of), than letting you do it yourself.  Why? Because they can. There's no real competition over consumers, and the consumers themselves are not educated or sophisticated. Thus, the banks are comfortable with the lack of innovation - since as long as they are all lacking innovation - consumers won't demand it because they won't even know things are possible. And it is definitely cheaper for the banks not to innovate and keep your money for a week while the bill-pay check is en route, than try and develop new things. In other countries, the regulator would step up and force banks to develop new infrastructure and widen the options, but in the US regulation is considered a bad thing, and people are easily swayed, being uneducated and uninformed, by the corporations to support politicians who act against their (people's) best interest in protecting the corporations and reducing and limiting the regulators even further."}
{"_id": "25080", "title": "", "text": "When volatility is higher, the option is more likely to end up in-the-money. Moreover, when it ends up in-the-money, it is likely to be over the strike price by a greater amount. Consider a call option. With high volatility, moves in the stock price are big - both up moves and down moves. If the stock moves up by a lot, the call option holder will benefit greatly. On the other hand, when the stock moves down, below a certain point the option holder does not care how big a down move the stock has. His downside is limited. Hence, the value of the option is increased by high volatility. I know everyone who searches this is looking for this answer. Bump so people are able to get this concept instead of looking all over the web for it."}
{"_id": "25081", "title": "", "text": "Part of the behavior is shaped by the environment, most isnt for something that people's been doing for millenniums. People even compare things that's boxed/bagged beautifully.           Not bearish on the news because this is long expected. But the brick-and-murder of grocers has been ongoing for a long time due to their deflationary environment and the action today is quite an knee jerk reaction.      Amazon taking over the world? Maybe, sure a lot higher chances compare to Tesla taking over the auto market."}
{"_id": "25090", "title": "", "text": "Do you think that the scheme of kick backs in this system isn't a problem?  There was that story a while ago about a judge who was paid off to convict and sentence to a certain prison.  That's just the obvious one.  I suspect that there are many ways the system is being gamed beyond that one too.  Prison does need to have a path for reform or you create career criminals."}
{"_id": "25096", "title": "", "text": "Well if your looking to explain inflation to children, I would use this example. Take two fruits they like IE: Apples and Oranges. Give them both 2 of each. Ask them how many of your apples would you give for 1 orange and how many apples would you want to get 1 orange(most likely they will say 1). Now give them 5 more apples each. Then ask them the same question. In economics and finance many things can not be proven, so to tell you what QE will do for a fact can't be said, you can only be told theories. There are to many variables."}
{"_id": "25123", "title": "", "text": "Inflation is not applicable in the said example. You are better off paying 300 every month as the balance when invested will return you income."}
{"_id": "25128", "title": "", "text": "well it 2008 was six years ago, over time we would expect some price inflation. however it's only really a good thing for people who already own houses (it increases their net worth on paper) and people who want to sell, and move to a cheaper area.  If you aren't selling, it doesn't help you much.   If you're a young person trying to get into the housing market, it's obviously bad. A housing market where young people can't afford to get in is unhealthy. If you already own, and you want to move up and buy a bigger house, that's hard if no one is willing to buy your existing house.  I don't know why the govt is helping create a new bubble. But, if the underlying issues that caused the last crash are not fixed, well... the bigger the bubble, the bigger the pop."}
{"_id": "25130", "title": "", "text": "You can trade VXX, but VIX is only an index.   http://www.marketwatch.com/investing/stock/VXX?CountryCode=US"}
{"_id": "25141", "title": "", "text": "So many points wrong with this article. I'll stick to pointing out the ridiculousness of just one. Police, fire, and military are all just as finite of resources as doctors. You know how you create more of all of those resources? Hire and train more people. Gasp!"}
{"_id": "25172", "title": "", "text": "The transaction will be taxable in India. You will have to pay Capital Gains tax. I am assuming that you purchased the house while you were Indian Resident for tax purposes. As such its needs more paper work to get the money back to US. Consult a CA in India who will help with the paperwork. You haven't mentioned your tax status in US, one you update it, someone will post a US tax aspects of the transaction."}
{"_id": "25190", "title": "", "text": "First of all, congratulations on paying off $40k in debt in one year. Mathematically, you'd be better off making the standard car loan payments and putting your extra money toward the student loan. However, there are a few other things that you might want to consider. Over the last year, you've knocked out a whole bunch of different debts.  Feels pretty good, doesn't it?  At your current rate, you could knock out your new car loan in 6 months.  Then you'd only have one debt left.  If it sounds to you like it would be nice to only have one debt left, then it might be worth the mathematical disadvantage you would get by paying off the car early instead of putting the money toward the last student loan. The car loan is 0%, but if you are late on a single payment, they will take that opportunity to raise your interest rate to something probably higher than the interest rate of your student loan.  For this reason, you may decide it is not worth the hassle, and you'd rather just eliminate the car loan as quickly as possible. Either choice is fine, in my opinion, as long as you have a purpose behind the choice and you are committed to eliminating both debts as quickly as possible. As an aside, it is important to remember that even a 0% loan is not really free money, and needs to be paid back.  You know this, of course, but sometimes you see a 0% loan advertized and it feels like free money.  It's not.  You have probably already paid for the loan by forfeiting a rebate.  So although, at this point having already taken this loan and paying for it, you will come out ahead by dragging out your car loan for the full term, in the future do not think that you can make money by buying something at 0% interest."}
{"_id": "25194", "title": "", "text": "The long-run goal is to eliminate poverty through wealth creation. If that makes for some weird new social interactions, I'd say that's a reasonable cost.  I mention comparing to earlier periods simply as a measure of progress to determine whether or not there is a problem that needs correction, such as a specific group in society experiencing real wage stagnation, or truly anemic growth rates relative to earlier periods. It's the slope of the trend line for each group that I'd be worried about, where linear or exponential is good, and logarithmic should indicate a potential crisis.  Ultimately, I believe that it's not a persons absolute circumstances that matter, but the rate at which those circumstances are improving throughout their lives that most strongly affects their subjective well-being (but that's just my theory).  As for real estate costs, you're absolutely correct that this is a problem, but it's as easily explainable problem. Supply is artificially constrained in most of the US due to the need for explicit government permission (in the form of building permits and zoning laws) in order to build new units. Basic economics says that when supply is artificially restricted, prices will rise.  In areas where government is restrictive, such as San Francisco, prices rise sharply. In places where government is more permissive, like Houston, prices remain much more reasonable."}
{"_id": "25195", "title": "", "text": "\"If you participate in an IPO, you specify how many shares you're willing to buy and the maximum price you're willing to pay. All the investors who are actually sold the shares get them at the same price, and the entity managing the IPO will generally try to sell the shares for the highest price they can get. Whether or not you actually get the shares is a function of how many your broker gets and how your broker distributes them - which can be completely arbitrary if your broker feels like it. The price that the market is willing to pay afterward is usually a little higher. To a certain extent, this is by design: a good deal for the shares is an incentive for the big (million/billion-dollar) financiers who will take on a good bit of risk buying very large positions in the company (which they can't flip at the higher price, because they'd flood the market with their shares and send the price down).  If the stock soars 100% and sticks around that level, though, the underwriting bank isn't doing its job very well: Investors were willing to give the company a lot more money. It's not \"\"stealing\"\", but it's definitely giving the original owners of the company a raw deal. (Just to be clear: it's the existing company's owners who suffer, not any third party.) Of course, LinkedIn was estimated to IPO at $30 before they hiked it to $45, and plenty of people were skeptical about it pricing so high even then, so it's not like they didn't try. And there's a variety of analysis out there about why it soared so much on the first day - fewer shares offered, wild speculative bubbles, no one could get a hold of it to short-sell, et cetera. They probably could have IPO'd for more, but it's unlikely there was, say, $120/share financing available: just because one sucker will pay the price doesn't mean you can move all 7.84 million IPO shares for it.\""}
{"_id": "25197", "title": "", "text": "&gt; free the orcas, they'll look like heroes, and everyone will flock to SeaWorld because they're good guys now. They listened and changed. People love those stories.  This is no percent what would happen at all. People go just to see Shamu flop around."}
{"_id": "25205", "title": "", "text": "The answer today is the Fidelity Rewards Amex.  This card pays the highest cash back (2%) on ALL purchases. The answer gets more complicated if you like miles, or you want to use one card for groceries and gas and another for restaurants, etc.  But the Fidelity Amex gives you 2% on everything you purchase, automatically deposited into your Fidelity account as cash (no coupons to rip off, or checks to deposit)."}
{"_id": "25207", "title": "", "text": "Equal weighted indexes are not theoretically meant to be less volatile or less risky; they're just a different way to weigh stocks in an index. If you had a problem that hurt small caps more than large caps, an equal weighted index will be hurt more than a market-cap weighted one.  On the other hand, if you consider that second rung companies have come up to replace the top layer, it makes sense to weigh them on par.  History changes on a per-country basis - in India, for instance, the market's so small at the lower-cap end that big money chases only the large caps, which go up more in a liquidity driven move. But in a more secular period (like the last 18 months) we see that smaller caps have outperformed."}
{"_id": "25247", "title": "", "text": "I think it really depends on how much you take out of your Nationwide account each month. At a certain point, it will become cheaper just to transfer your monthly rent + living allowance via an international bank transfer or using one of the currency transfer services like xe.com or Hifx. You will have to pay fees either way and/or you'll end up with a forex spread. If you have got enough money in your UK account to cover several months' worth of expenses in Germany, I would be tempted to make one big transfer every few months instead of a a monthly one; anything more than once a month is probably going to be too costly either way. It might also be worth comparing the transfer fees charged by the various banks, when I lived in the UK and had to regularly send money to Germany I found there was a massive difference between different banks for essentially the same service."}
{"_id": "25250", "title": "", "text": "This is actually a HUGE source of profits for whole foods. The battered fruit and veggies you don't want  or the rotisserie chicken that's been on the warmer 30 minutes longer than you like? Goes right into their prepared foods and cut fruit sections and marked way the fuck up."}
{"_id": "25272", "title": "", "text": "You should watch Margin Call and follow Demi Moore's lead.  Do you figure out what derivatives to buy or just calculate how much exposure the firm has and tell someone else?   Can you potentially go to jail because of your job or is losing your job the worst that can happen?"}
{"_id": "25287", "title": "", "text": "So upper marginal tax rates are at historic lows while the dying remnants of the New Deal are being strangled by both parties ... yet America's devotion to Keynsianism is the problem? You should investigate the Dunning Kruger effect and then look into a mirror."}
{"_id": "25290", "title": "", "text": "If someone had such a great idea that could convince a bank to give them money with no capital, no experience, and no assets then they wouldn't give it away on a public forum.   If you're talking about starting small... you're talking about getting a job, whether formal or gig-based."}
{"_id": "25315", "title": "", "text": "Plus, there's the feeling my parents want me to have a house in case   we can't save the one we (my mom and brothers) all live in. First, you should not be forced to buy a home because your parents are telling you to. You should have your own life. Period. That said, while you are doing well from a salary perspective, your savings are somewhat borderline for a purchase if you ask me. Meaning your savings would essentially be the full downpayment & then your whole paycheck basically becomes payments on the mortgage. Not a good situation to be in. My advice would be that if you can invest in something smaller\u2014like a small apartment for yourself\u2014that is what you should purchase.  That would allow you to invest in something but not be completely financially drained by the prospect. And then in a few years, you can sell that apartment & move onto something else.  Perhaps a house at that stage? But right now, a full home purchase would be a fairly massive risk."}
{"_id": "25316", "title": "", "text": "In the UK at least, we have Credit Unions. Credit Unions are not-for-profit organisations that don't pay interest on your balance, but instead give you a share of their profits at the end of the year (or at least my local branch do). This normally equates to around 1% of my balance."}
{"_id": "25325", "title": "", "text": "https://twitter.com/webster/status/906346071210778625  Important to know that people just discovered the pin number to thaw your credit (after you initialize a credit freeze) on Equifax is just the timestamp on when you request it. This is bad news because if someone is aware of a time frame, they may be able to brute force this if they don't have proper protection (which, let's be honest, at this point let's just assume they don't). This is lazy coding at it's finest.  Quite a few today have confirmed this."}
{"_id": "25330", "title": "", "text": "The direct debit is an authority to withdraw money from your account. Depending on how it was set up it may limit how much may be withdrawn, how often and for how long. I haven't seen a direct debit agreement that limits the total that may be withdrawn, but they may exist. A reputable creditor will stop taking your money when they're supposed to, which would be when the loan is paid off."}
{"_id": "25332", "title": "", "text": "As Zach mentioned in a comment, you can be sent to jail for contempt in a civil case. So assume that a court orders you to pay amount x in alimony. You are unable to pay, for example because you lost your job and the amount was assessed based on previous earnings. The judge disagrees with you and thinks you can pay. He can just sent you to jail for contempt of court till you comply with the court order to pay. The court does not need to prove that you are guilty of anything, they gave you a lawful order and you are not complying. The decision is up to the judge. As this is not a criminal trial (IANAL, I don't know the technical term), you are not sentenced to a fixed term and then go free, but the judge can sent you right back. Also, in a civil trial there is no presumption of innocence, nor do you have the right to a public defender, so it is more or less completely up to the judge to decide to sent you to jail for any amount of time, see for example: http://www.wsj.com/articles/SB123137263059962659 Here is one men who spent 14 (fourteen) years in jail for contempt, without ever being ever charged with any crime. The court ordered him to pay 2.5 millions to his wife, he said he lost the money. https://en.wikipedia.org/wiki/H._Beatty_Chadwick Ending up in jail for underpaid alimony is fairly common and does not need to be malicious. All you need is to loose your job, not enough money to pay for a lawyer and a judge who thinks you can pay. Also, the state will charge horrendous interest rates and fee on underpaid alimony, even during your stay in jail, see for example here: www.mrcustodycoach.com/blog/illegal-child-support-debtors-prisons So in the U.S. you can find yourself exactly in the same situation as someone in the Emirates. There is/was a lawsuit against Georgia for human rights violations because of this, I don't know the current status."}
{"_id": "25346", "title": "", "text": "For the CPI, there is actually federal employees whose job it is to visit various stores to collect the prices of specific items (boy's size-14 collared shirt made of 97 percent cotton).  Planet Money did a great podcast on this, actually following one of these people for a day."}
{"_id": "25347", "title": "", "text": "My first job was in a technology/IT role on the trading floor which was an accident.  It didn't require any knowledge of finance/stock markets.  I didn't even look for that job specifically.  Before that I was at a small tech company.  So I guess you could say it was luck initially."}
{"_id": "25381", "title": "", "text": "Many states require that USE tax be paid on items purchased out of state and the subsequently brought to your home state. The vendor has the responsibility to collect based upon the shipping destination. It is the buyers responsibility to declare and pay taxes on purchases where the vendor is not required to collect them for your state(like when you purchase it out of state). So if you have an item shipped out of state to avoid sales tax and then bring it to your home state then you are required to pay sales tax in your home state as well.  Some states (Florida for 1) allow for the reduction in sales tax owed by the amount paid in out of state sales taxes.  Some states (Like CT) exempt purchases under a certain amount. Federation of Tax Administrators website has links to state revenue services where you can check the tax requirements for your (and other) states.    Other State Links"}
{"_id": "25391", "title": "", "text": "In the United States, post-dating a check, on its own, has no valid use. It can be cashed at any time at the discretion of the bank. You would need to send a notice of postdating to your bank describing the check. This doesn't prevent the recipient of cashing the check, but it does prevent your bank from charging your account until the date you specify NOTE: This may be considered a form of stop payment, and you may be subject to the fees noted by your institution.  Source: [Uniform Commercial Code - Article 4A \u00a7 4-401] (c) A bank may charge against the account of a customer a check that is otherwise properly payable from the account, even though payment was made before the date of the check, unless the customer has given notice to the bank of the postdating describing the check with reasonable certainty. [...] If a bank charges against the account of a customer a check before the date stated in the notice of postdating, the bank is liable for damages for the loss resulting from its act. The loss may include damages for dishonor of subsequent items under Section 4-402."}
{"_id": "25397", "title": "", "text": "As it is a cheque I don't think you can deposit online. It seems that most the banks here charge a flat fee. Bank of Queensland charges $45 plus whatever the FX rate and fees are at the time. I think most of the banks have a clearance period of up to 28 days from when you deposit the cheque to when the funds clear and you could use them. If you want a cheaper and quicker option maybe try to have the USD funds sent electronically to the Australian bank account you choose."}
{"_id": "25425", "title": "", "text": "We are an online seller of STUDDS HELMETS where online chooses stylish Studds Helmets in a comfortable price in Jaipur.  Make your two wheeler rides stylish and at the same time safer with stylish Studds helmet. Studds is a renowned brand of helmets and other two wheeler accessories like eye glasses and luggage carriers. The quality of their products have gained them popularity and a steady clientele. Whether you're planning to hit the road, trail or track on a motorcycle, ATV or snowmobile, one of the most important pieces of gear you can get is a good helmet."}
{"_id": "25431", "title": "", "text": "* Absolutely agree with /u/IsAnAlpaca  * You /must/ not agree to this without seeing his balance sheet. * That means assets and liabilities, but also ask for the last 12 months' cash flow * Inability or unwillingness to provide any of those things is a HUGE no-go red flag."}
{"_id": "25439", "title": "", "text": "An interesting look that ties in quite a few of my interests on the commonality of being data-driven gambling. You know it's funny because watching MoneyBall, my first reaction is that Peter Brand's (after Jonah Hill) data analysis was something many are already doing in fantasy.  But fantasy sports is a hobby for most of us :P  Though in bigger money leagues, this could be debatable haha.  *As a side note, I'm particularly surprised that the NBA betting profits outpaced NFL profits in 2011 (48.8M vs. 44.2M), but I'm curious to see if that trend holds through the 2012 season."}
{"_id": "25440", "title": "", "text": "Property taxes cover more items than have already been mentioned.  As an example, my property tax bill lists the following items: county general purpose, community college, police, police, headquarters, fire prevention, environmental bonds, sewage, town general purpose, highway department, building & zoning, town lighting, park district, garbage disposal, water district,  library district, and of course, schools which are now about 60% of the total. In my area, a $500K home could easily have over $10K in total property taxes. Many of these services are for things that you need or might even want such as parks and libraries.  In any case, they must be funded and property taxes are the most prevalent way of doing that.  I was once told that you never actually own property because if you don't pay the property taxes, they will take the property away.  By the way, property taxes are not the only expenses that you may have overlooked.  You need to have insurance on your house to cover fire, theft, storm damage, and injuries to persons visiting you.  In some areas, flood insurance may also be required.  You should also budget for repairs and maintenance.  Eventually you will need to replace major items like roofs, appliances and heating/cooling equipment. Don't underestimate the cost of maintaining a lawn if you have one. Basically owning a home is an expensive undertaking and you should have a good understanding of all the expenses involved or you will find yourself in financial trouble."}
{"_id": "25441", "title": "", "text": "Okay- I follow that.    When we look a shorting a name -  what makes that an equity transaction rather than a debt one? I guess how does that differ from investing in a bond?    I recognize the simplicity of this question.    Thanks."}
{"_id": "25446", "title": "", "text": "Well who doesn't want their website content or video or their brand to go as viral as PSY's Gangnam style? If you have similar intentions, and viral marketing strategists are whom you are looking for, look no further as Key Difference will take care of your viral marketing campaign. Better visibility, more traffic, effective online presence and more, name it and you'll get it."}
{"_id": "25466", "title": "", "text": "Paying interest on a loan costs you money. The tax deduction just reduces that cost, but it's still there. So the only possible reason to borrow more than you have to, e.g. with the interest-only loan, is that you can invest the excess elsewhere and make more money. Can you invest money and make more than 4.5% expected return before tax with a risk level you're comfortable with? If you can invest tax free then the hurdle is (4.5%-the tax deduction instead), e.g. 3.6% if your marginal tax rate is 20%.  One possible such investment would be paying down any mortgage on your own home - as you don't get a tax deduction for such a mortgage, overpayments are effectively tax free so 3.6% or whatever is the appropriate hurdle. If you can't do that, then even switching to a principal and interest mortgage at 4.5% would be worthwhile; the principal payments would effectively be an investment in reducing your future interest bill, and that investment is better than anything else you have available. Given that what you actually have on offer is a mortgage with a lower rate of interest, the hurdle for an alternative investment is quite a bit higher than 4.5%; with the interest-only mortgage, you can invest some of the money that would otherwise go to principal elsewhere, but in exchange you are paying a higher interest rate on the rest of your loan balance. You'd need to look at the exact numbers to work out the right hurdle, which would vary depending on your marginal tax rate, the term of the mortgage, and your guess as to where interest rates would go after the 2 year fixed term."}
{"_id": "25473", "title": "", "text": "Walmart is still an awful place to buy groceries, and is rated as such in just about every national survey. The prices aren't that great, the shelves are a mess, and items are poorly restocked based on my observations at several stores. I can spend about the same amount of money buying groceries at Wegmans vs. Walmart (although I do most of my shopping at Aldi, which has also switched to so-called 'Angus' bef. I honestly don't notice a difference, just more marketing buzzwords)."}
{"_id": "25481", "title": "", "text": "If you plan on retiring now you probably can, as Jay mentioned there is a provision in the law for early retirement, as long as you take annual distributions."}
{"_id": "25487", "title": "", "text": "Oanda.com is a very respectable broker. They don't offer ridiculous leverage options of 200 to 1 that prove the downfall of people starting out in Forex. When I used them a few years back, they had good customer service and some nice charting tools."}
{"_id": "25506", "title": "", "text": "Maybe not, but I think the point ElBrad was making is that you chart a pretty tight relation to price hikes by barrel and price increases at the pump over time.   Price drops by barrel aren't usually followed by a drop at the pump though, as it takes a while for competition to drive that down.   So while it's good news that oil prices are dropping per barrel (for non gasoline uses), it's fair to be totally cynical about the prospect of a cheaper prices at the pump when you hear news like this.  Watching that per barrel rate drop and knowing this means a nice cushy profit trough for Exxon always comes with a slight taste of distain."}
{"_id": "25507", "title": "", "text": "When that happens the least desired things get cut off first.  This condition signals to the market that we are correcting very badly missallocated sources which in turn is a good thing because we are allowing the bubbles to burst.  These burstings will bring prices back down to acceptable levels so that the economy starts moving again.  What you instead are suggesting is to not allow, for example, home prices to come back down to affordable levels and just keep the bubbles inflated."}
{"_id": "25509", "title": "", "text": "Bingo. Measuring income is an ignorant approach. Buying power is the only thing that is important.   If the $14/hr minimum wage nonsense ever actually happened, all the reports would be on how awesome it is that some small percentage of people are making more money. What won't be reported right away is how all people (include those minimum wage workers) have significantly less buying power thanks to the significant inflation created by $14 minimum wage."}
{"_id": "25513", "title": "", "text": "If the person gifting the property owed any debt to Canada Revenue Agency on the date of gift, you may getting a nice letter from Canada Revenue Agency advising you to settle the donor's tax liability with the property gifted."}
{"_id": "25516", "title": "", "text": "Me and mom just stopped in an Applebees on a road trip through small towns and it was so terrible. It was freezing and really dingy inside, and the turkey sandwich I had was so bad I think mcdonalds or arbys would have tasted better."}
{"_id": "25537", "title": "", "text": "Yeah, but your professional programs are insanely expensive. I'm in pharmacy school paying 26k at a private school. UCSF costs 35k for an in-state resident and 45k for out of state. The supplemental cost for a professional degree is 18k and then 12.25k more for being out of state.  There's a reason we have quite a few Korean kids who chose to go to my school rather than pay an extreme amount of money more to go to UCLA or UCSF or whatever."}
{"_id": "25538", "title": "", "text": "\"Free Speech isn't a myth, but \"\"Diversity\"\" is.  I'm constantly bombarded with self-righteous and imprudent missives about the importance of Diversity, but they mostly just repeat words meant to make us feel better about ourselves.  We've corrupted a well-meaning goal into a vulgar set of data points about employee demographics, all while conveniently ignoring the plain fact that you have to first collect that demographic data on your employees in order to accomplish our goals.   I prefer the concept of \"\"inclusion,\"\" meaning we need to create workplaces that welcome great talent, free of non-business related impediments.  Already, though, there are signs that few people actually think this through, and it's only a matter of time until it becomes another meaningless set of metrics that upper management can feel good about.   /end of rant   (Disclaimer: this was not directed at any organization in particular, especially not a data-collecting giant like Google.)\""}
{"_id": "25543", "title": "", "text": "I had $70K in credit card at one point.  Limited income, starting a business - it's the only credit available. (yes, all paid off now)."}
{"_id": "25547", "title": "", "text": "Southern Ontario. Cheaper operating costs we have a ton of professionals at some of the best schools in north America plus our governments policy's align pretty well with the tech industry's.  Just like the film industry there is a lot of benefit to operating in Canada especially with the current climate in America."}
{"_id": "25550", "title": "", "text": "\"Because they don't leverage using credit but by shorting stocks. eg they short $400 of microsoft, and use the proceed to buy $400 of Apple. That's a 4x \"\"leverage\"\". It's one of the main characteristics of hedge fund vs traditional fund, they can short while your vanilla long only mutual fund cannot.  And they limit capital from outside investors due to decreasing marginal return and liquidity consideration.\""}
{"_id": "25576", "title": "", "text": "Well I doubt that it has no effect. It will happen regardless, but it will be slower. If the minimum wage was much higher, big companies would invest more in R&amp;D for automation. Automation companies will also have more customers and therefor will make more revenue and produce more units/projects and the price of automation will go down more and more, causing more companies to join in and not hire 15$/hour people who work less efficient than 2000$ robots on 10$/month."}
{"_id": "25582", "title": "", "text": "Short the Pound and other English financial items.  Because the English economy is tied to the EU, it will be hit as well.  You might prefer this over Euro denominated investments, since it's not exactly clear who your counterpart is if the Euro really crashes hard.  Meaning suppose you have a short position Euro's versus dollars, but the clearing house is taken down by the crash."}
{"_id": "25585", "title": "", "text": "id like to start by saying youre still doing this yourself, and i dont actually have all the info required anyway, dont send it but  &gt;[3] Descriptive Statistical Measures: Provide a thorough discussion of the meaning and interpretation of the four descriptive &gt;statistical measures required in your analysis: (1) Arithmetic Mean, (2) Variance, (3) Standard Deviation and (4) Coefficient of &gt;Variation. For example, how are these measures related to each other? In order to develop this discussion, you may want to &gt;consult chapters 2 and 3 of your textbook. This topic is an important part of your report. can be easily interpreted, im guessing the mean is simply just the observed (and then projected stock price for future models) the standard deviation determines the interval in which the stock price fluctuates. so you have like a curve, and then on this curve theirs a bunch of normal distributions modeling the variance of the price plotted against the month  also the coefficient of variation is just r^2 so just read up on that and relate it to the meaning of it to the numbers you have  actually my stats are pretty rusty so make sure you really check into these things  but otherwise the formulas for part 4 is simple too. you can compare means of a certain month using certain equations, but there are different ones for certain situations  you can test for significance by comparing the differences of the means and if its outside of your alpha level then it probably means your company is significantly different from the SP index. (take mu of SP - mu of callaway)  you can also find more info on interpreting the two different coefficients your given if you look up comparing means of linear regression models or something"}
{"_id": "25600", "title": "", "text": "&gt; A well functioning legal system is consistent with capitalism.  The only well functioning legal system consistent with capitalism is the one bought and paid for by corporations that lobby for laws favorable to themselves, and for the abolishment of regulations that protect workers and consumers and safeguard our economy."}
{"_id": "25605", "title": "", "text": "A company CAN hold on to money.  This is called retained earnings.  Not all money is due back to the owners (i.e. stockholders), but only the amount that the board of directors chooses to pay back in the form of dividends.  There is a lot more detail around this, but this is the simple answer to your question."}
{"_id": "25613", "title": "", "text": "So, you think forcing people to buy their auto insurance doesn't provide any money?  It sounds like the customer didn't even know they were paying for it. Or, are you saying that this minor scam is nothing in the grand scheme of things, and that we should expect their scams to pay out at least a few billion?"}
{"_id": "25624", "title": "", "text": "In addition, since you asked for Montreal, you can get the quotes directly. http://www.m-x.ca/nego_cotes_en.php"}
{"_id": "25625", "title": "", "text": "Spend them at the gas pump.  Just run the pump until it stops, then repeat with next card.  That's always worked for me"}
{"_id": "25644", "title": "", "text": "Does this include strip malls and big boxes, or just the least profitable of indoor shopping malls? They spent 50 years or so building up to 150 a year, so the idea they could both fill these spaces and have enough shoppers to justify them is silly. And the Millennials aren't interested in mall shopping as much as previous generations were."}
{"_id": "25671", "title": "", "text": "The main question is, how much money you want to make?  With every transaction, you  should calculate the real price as the price plus costs. For example, if you but 10 GreatCorp stock of \u00a3100 each, and the transaction cost is \u00a320 , then the real cost of buying a single share is in fact buying price of stock + broker costs / amount bought, or \u00a3104 in this case.  Now you want to make a profit so calculate your desired profit margin. You want to receive a sales price of buying price + profit margin + broker costs / amount bought. Suppose that you'd like 5%, then you'll need the price per stock of my example to increase to 100 + 5% + \u00a340 / 10 = \u00a3109.  So you it only becomes worth while if you feel confident that GreatCorp's stock  will rise to that level. Read the yearly balance of that company to see if they don't have any debt, and are profitable. Look at their dividend earning history. Study the stock's candle graphs of the last ten years or so, to find out if there's no seasonal effects, and if the stock performs well overall. Get to know the company well. You should only buy GreatCorp shares after doing your homework.  But what about switching to another stock of LovelyInc? Actually it doesn't matter, since it's best to separate transactions. Sell your GreatCorp's stock when it has reached the desired profit margin or if it seems it is underperforming. Cut your losses! Make the calculations for LovelyCorp's shares without reference to GreatCorp's, and decide like that if it's worth while to buy."}
{"_id": "25678", "title": "", "text": "You literally couldn't be more wrong, your links to fake news notwithstanding  Everything the Republicans try to do is meant to hurt people and/or help the wealthy.  That is not the case with the Democrats  The lies like the ones you are trying to spread are intended solely to help the GOP accomplish their goals"}
{"_id": "25679", "title": "", "text": "i think this argument is the crux of the sharing economy and everything with uber/airbnb. is google responsible for the content of every website it shows in it's search results?  it all depends on what sort of warranties are implied or written in the contracts, what's HP's onsite tech support SLA with the third party?  i'd argue it's not dumb, but one of the most important arguments in business and the economy as a whole at the moment"}
{"_id": "25701", "title": "", "text": "It could be a sunk cost.  If you buy 5 gallons of vegetable oil it costs $50.  Until you use up all the vegetable oil you dollars are tied up and cannot be spent on popcorn or any other good. So weigh if the convenience is more important than having the cash on hand for other purchases is another factor to consider"}
{"_id": "25719", "title": "", "text": "&gt;I suspect he would simply cut the minimum wage and unemployment benefits to force Americans to accept lower wage jobs.  Don't give him that much credit. He won't touch either of these entities for several reasons. First, it's political suicide. Second, the Congress would give him a huge headache for even attempting to do this, and they would probably never be able to vote on a bill to send to a President Romney anyhow. Third, there is little evidence to suggest that Romney actually *believes* in wanting to do what he touts in his slimy, disgusting rhetoric. The man has not demonstrated any principle, fortitude, or ideological consistency.  Once Romney sits down at the commander's desk, it will feel just like the Obama administration did, only less funny..."}
{"_id": "25722", "title": "", "text": "Which is what [flash trading](http://www.investopedia.com/financial-edge/0809/flash-trading-wall-streets-latest-scam.aspx) is for.   edit: I promise you, you could. You would just need a faster line. I promise that's why the NYSE banned it. However, that still doesn't mitigate the problem of creating your own exchange."}
{"_id": "25731", "title": "", "text": "You must be thinking about trademarks which can be diluted into general usage, and therefore no longer trademarkable, if not enforced. You can do whatever you want with the use of your patent, including letting everyone else use it without permission."}
{"_id": "25733", "title": "", "text": "If you are thinking to buy the Rolex watches in Dubai, then there is one of a trustworthy online shop, i.e. \u201cMamiya Diamonds\u201d. We cater all the luxury watches of a wide variety of brands, in which all types are included, i.e. new and second hand."}
{"_id": "25741", "title": "", "text": "\"I would start with VBA for 2 reasons.  - Easy to step through and see what you're doing. - Most financial data is in .xlsx or .csv format already.  VBA will be your friend for a long time. Even ordinary Excel skills will be highly useful.   Once you have the basics down of VBA start exploring other languages based on need. If you are constantly pushing and pulling data maybe SQL will be the next logical choice.  If you are running out of options with the Excel statistical analysis packages then learn R.  Web development? Javascript.  Algorithmic trading? Python, C or C++.  what's more, I find learning another language really helps develop your VBA skills. I never really saw the value of \"\"Do\"\" loops until I started learning Python where it is necessary.\""}
{"_id": "25753", "title": "", "text": "How do I start? (What broker do I use?) We don't make specific recommendations because in a few  years that might not be the best recommendation any more. You are willing to do your own research, so here are some things to look for when choosing a broker: What criticism do you have for my plan? Seeking dividend paying stock is a sensible way to generate income, but share prices can still be very volatile for a conservative investor. A good strategy might be to invest in several broad market index and bond funds in a specific allocation (for example you might choose 50% stocks and 50% bonds).  Then as the market moves, your stocks might increase by 15% one year while bonds stay relatively flat, so at the beginning of the next year you can sell some of your stocks and buy bonds so that you are back to a 50-50 allocation. The next year there might be a stock market correction, so you sell some of your bonds and buy stock until you are back to a 50-50 allocation. This is called rebalancing, and it doesn't require you to look at the market daily, just on a regular interval (every 3 months, 6 months, or 1 year, whatever interval you are comfortable with). Rebalancing will give you greater gains than a static portfolio, and it can insulate you from losses when the stock market panics occasionally if you choose a conservative allocation."}
{"_id": "25762", "title": "", "text": "You are not required to file a tax return in Canada if you have no taxable income. If you do not file a return you may be requested to by Canada Revenue Agency, and then you'll need to file one. There are hundreds of thousands of Canadian residents who do not file tax returns. The Minister who overlooks the CRA may assess any amount of taxes on any resident whether they file a return or not. There are penalties for failing to file a return or filing late. The penalties are based on a percentage of the taxes owed. If you owe no taxes, then the penalties are meaningless."}
{"_id": "25763", "title": "", "text": "It's impossible to know for sure, which I'm sure you know, but paying these large debts all at once will leave very little assets in comparison to what they had.    Issuing new shares like this is called dilution which means the price will be forced downward because the same (or in this case less) net earnings must be divided by more shares outstanding. A secondary offering almost always lowers stock price.   http://wiki.fool.com/What_Happens_to_the_Share_Price_When_New_Shares_Are_Issued%3F"}
{"_id": "25772", "title": "", "text": "Posts Tagged \u2018norton scientific scam fraud warning reviews\u2019  Norton Scientific Reviews: Scammers\u2019 Valentine Treat  A global security company issued a scam warning against spam messages with catchy subject lines for Internet users this Valentine\u2019s season.  Users must be extra careful in opening messages in their email accounts especially during the holidays as they can receive spam mails meant to get their attention and steal their personal data.  One such scam warning issued by an antivirus company describes email messages that invites users to buy a gift for his/her loved one for Valentine\u2019s using an attached discount coupon from Groupon.  Even though the proliferation of coupon services is not totally an illegal method, their popularity comes with the risk of being used in phishing attacks.  Phishing can be done by sending a massive amount of email messages asking people to enter their details on a bogus website \u2014 one that looks very similar to the popular auction sites, social networking sites and online payment sites. They are designed to obtain personal details like passwords, credit card information, etc.....  Norton Scientific Reviews: Symantec source code leaked by hackers  A group of hackers who call themselves the Lords of  Dharmaraja, (and is associated with Anonymous) have published the source code of Symantec, a digital security firm know for the Norton antivirus program and pcAnywhere, raising concerns that others could exploit the security holes and try to control the users computer.  The release of the source code came after the \u2018extortion\u2019 attempt failed as Symantec did not comply with their numerous deadlines.  Negotiations through email messages between a representative of the hacker group, YamaTough, and someone from Symantec were also released online. The exchange of messages are about Symantec\u2019s offer to pay USD 50,000 for the hackers to stop disclosing the source code and announce to the public that the whole Symantec hack was a fake, which made them a subject of mockery for appearing to buy protection.  Both sides admitted that their participation was just a trick......"}
{"_id": "25802", "title": "", "text": "It costs them more to make the screens with more pixels. Let's say I usually pay you 10$ for something that cost you 5$ to make. Now I pay you 20$ for something that costs you 18$ to make.  Sure you get 20$ instead of 10$, but your profit per item went from 5$ down to 2$. Same thing here, the screens with 4x the pixels costs much more than the original screens. Apple paid slightly more for them, but not enough to keep the profit margin."}
{"_id": "25805", "title": "", "text": "Fair enough. If you have specific milestones to hit, you gotta hit them. My recommendation is just to make sure you have a specific plan based on what has worked for your peers. Don't let recruiting just happen to you, drive it in your own chosen route. Best of luck in the coming recruiting cycle!"}
{"_id": "25814", "title": "", "text": "If you are absolutely sure you will need the money in the next year or so I wouldn't do it just because of the hassle.  If you think you might not need to use the money then I would go ahead and fund a Roth IRA for the simple reason that you can get your contributions (NOT earnings on those contributions.) back without paying any penalties if you do end up needing them.  A good summary of the rationale can be found at My Money Blog's Roth IRA Contribution vs. Emergency Fund Savings"}
{"_id": "25817", "title": "", "text": "\"They do but you're missing some calculations needed to gain an understanding. Intro To Stock Index Weighting Methods notes in part: Market cap is the most common weighting method used by an index.   Market cap or market capitalization is the standard way to measure the   size of the company. You might have heard of large, mid, or small cap   stocks? Large cap stocks carry a higher weighting in this index. And   most of the major indices, like the S&P 500, use the market cap   weighting method. Stocks are weighted by the proportion of their market cap to the total   market cap of all the stocks in the index. As a stock\u2019s price and   market cap rises, it gains a bigger weighting in the index. In turn   the opposite, lower stock price and market cap, pushes its weighting   down in the index.  Pros Proponents argue that large companies have a bigger effect on the   economy and are more widely owned. So they should have a bigger   representation when measuring the performance of the market. Which is   true. Cons It doesn\u2019t make sense as an investment strategy. According to a market   cap weighted index, investors would buy more of a stock as its price   rises and sell the stock as the price falls. This is the exact   opposite of the buy low, sell high mentality investors should use. Eventually, you would have more money in overpriced stocks and less in   underpriced stocks. Yet most index funds follow this weighting method. Thus, there was likely a point in time where the S & P 500's initial sum was equated to a specific value though this is the part you may be missing here. Also, how do you handle when constituents change over time? For example, suppose in the S & P 500 that a $100,000,000 company is taken out and replaced with a $10,000,000,000 company that shouldn't suddenly make the index jump by a bunch of points because the underlying security was swapped or would you be cool with there being jumps when companies change or shares outstanding are rebalanced? Consider carefully how you answer that question. In terms of histories, Dow Jones Industrial Average and S & P 500 Index would be covered on Wikipedia where from the latter link: The \"\"Composite Index\"\",[13] as the S&P 500 was first called when it   introduced its first stock index in 1923, began tracking a small   number of stocks. Three years later in 1926, the Composite Index   expanded to 90 stocks and then in 1957 it expanded to its current   500.[13] Standard & Poor's, a company that doles out financial information and analysis, was founded in 1860 by Henry Varnum Poor. In   1941 Poor's Publishing (Henry Varnum Poor's original company) merged   with Standard Statistics (founded in 1906 as the Standard Statistics   Bureau) and therein assumed the name Standard and Poor's Corporation.   The S&P 500 index in its present form began on March 4, 1957.   Technology has allowed the index to be calculated and disseminated in   real time. The S&P 500 is widely used as a measure of the general   level of stock prices, as it includes both growth stocks and value   stocks. In September 1962, Ultronic Systems Corp. entered into an agreement   with Standard and Poor's. Under the terms of this agreement, Ultronics   computed the S&P 500 Stock Composite Index, the 425 Stock Industrial   Index, the 50 Stock Utility Index, and the 25 Stock Rail Index.   Throughout the market day these statistics were furnished to Standard   & Poor's. In addition, Ultronics also computed and reported the 94 S&P   sub-indexes.[14] There are also articles like Business Insider that have this graphic that may be interesting: S & P changes over the years The makeup of the S&P 500 is constantly changing notes in part: \"\"In most years 25 to 30 stocks in the S&P 500 are replaced,\"\" said   David Blitzer, S&P's Chairman of the Index Committee. And while there   are strict guidelines for what companies are added, the final decision   and timing of that decision depends on what's going through the heads   of a handful of people employed by Dow Jones.\""}
{"_id": "25830", "title": "", "text": "In this day and age, online shopping has become a huge business, with more and more customers across the globe turning to the online sites to buy different types of products, equipment etc.  This is particularly the case in those places where e-commerce is taking hold over the means people shop."}
{"_id": "25835", "title": "", "text": "Watch prices *not* rise because Target retail employees don't manufacture the product.  Their wages do not affect the prices on the shelves as much do Target's shelf gatekeepers.  Even if Target paid their hourly employees $30/hr the price of Heinz baked beans would be $2."}
{"_id": "25850", "title": "", "text": "If past is prologue, I'd say $20, give or take, inflation adjusted of course. http://www.antagoniste.net/WP-Uploads/2007/01/oil_prices_1861_2006.jpg If supplies are at nightmare oversupply, say, as an absurd unlikely scenario, 82 year high in US oil supplies or an all time record in EIA weekly inventories, it looks like the oil price could be capped at the cost of oil sands:  This one's just plain scary.  Unless if there were some changes refinery laws or technology that I'm not aware of, refineries cutting 50% of the retail gasoline volumes looks bad:"}
{"_id": "25857", "title": "", "text": "The markets are based on a growing population, so yes, revenue growth is possible to continue alongside that into perpetuity.    I know this subreddit is known for their lack of actual basic business foundations, but jesus christ."}
{"_id": "25859", "title": "", "text": "Youre assuming that GDP shows the amount of wealth created and is an indicator of the standard of living, but it is not. Govt spending adds to gdp but takes away from the productive capabiliies of the private sector, which is the part of the economy that is making things that people want and need. The govt can spend 1 trillion on building a monument to obama, and that would increase gdp by 1 trillion, but no wealth is created and the govt jut shift a trillion of tax revenues to the workers who built the monument. If a company spends 1 trillion building building some new gadget, then the people who spend money to buy i have something to show for it and the workers have their wages as well. So now the company makes back 1.2 trillion and the consumers have their gadget, ie real wealth has been created.   The wealthy may be sittin on hoards of cash, but its not just sitting under their mattress. Its spread out between investments and savings. Savings is neccessary to build up productive capabilities. The money the rich have sitting in banks is being used to help other businesses grow, not just collecting dust. I wish it were as simple as giving every poor person 10 grand and watching the economy take off, remember when bush gave everyone a 1000 tax refund? It sure was fun blowing that on a ps3, i cant argue with that. But prosperity can not be printed, it must be earned through hard work and productive activity. What we need is not monetary stimulus, we need the govt to stop destimulating the private sector with burdensome regulations and taxes. We need lower barriers to entry so we maximize competition in every industry. We need the govt spending less, and pushing more workers into the private sector, making things that american can get some utility from. Its not going to be a smooth ride getting there, there will be lots of lay offs in the short run as the economy restructures. But if the govt got out of the way and let the free market prosper, our society would be far better off in the future"}
{"_id": "25863", "title": "", "text": "It depends on your bank and the details in the agreement, but typically, interest is calculated daily. So if you borrow 1000 EUR for 1 day, you pay 15% * 1000 EUR * 1/360 = 42 Cent (41.666667 cent to be exact). You can simply multiply these 42 cent up with the number of days you plan and the number of 1000s EUR. Note that weekend days count too, even if you cannot pay them back on the weekend. The exact value will be very slightly different, as the interest is added monthly to the principal, and there is compound interest on the interest. Banks also often consider all months 30 days long for interest calculations."}
{"_id": "25871", "title": "", "text": "Advances in safety technology over the past 30 years have nothing short of incredible. Almost every automobile put on the market today goes through tough safety screening processes.   Cars that win high stars in safety are often marketed based on safety. A large part of the safety rating of a car is based on the number and the efficacy of airbags.   But while airbags have saved countless lives since their inception, there are a number of cars on the market with faulty airbags that can occasionally cause harm rather than protect drivers and passengers."}
{"_id": "25877", "title": "", "text": "Yes you should invest; and yes you should save for the house down payment. These should be two separate pools of money and the goals and time frames for them are different. With a 3 year time frame for the down payment on the house, the risk you should accept should be essentially zero. That means it is less of an investment and more plain vanilla savings account, or maybe a higher interest account, or a CD. The worst thing to have happen would be to try and save for the house while the value of your investment keeps dropping.  You have to decide how to allocate your income between retirement accounts and saving for the house, while still meeting all your other obligations. The exact balance depends on how much you need to save for retirement, and things such as rules for the company match."}
{"_id": "25879", "title": "", "text": "Supplier of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries is a very well acknowledged name in the field of supplier and manufacturer of Ramming Mass, Quartz Powder, Quartz grit, and Talc Powder minerals. We supply our product mainly in Vietnam, South Korea, UAE, Malaysia, Taiwan, Thailand, Saudi Arabia, and Indonesia. We produce high quality and purest form of Ramming Mass. Acidic Ramming Mass and Silica Mix are the synonyms of Silica Ramming Mass. Our Ramming Mass is a derivative of super snow white silica crystalline quartz having large percentage of Silica and manufactured under strict quality control parameters."}
{"_id": "25896", "title": "", "text": "\"From the page you referenced, first click the link \"\"EI premium rate and maximum\"\". There you'll find the calculation itself, but not the percentage rate. Then from that page, near the bottom, click the link \"\"EI premium rates and maximums\"\". It's almost the same title as the prior page, so a little confusing, but that pluralized version has the data you were looking for. Partial quote:  The same rates are applied across Canada, except in the province of Quebec. That province has a different set of rates because they administer their own Parental Insurance Plan. In particular, self-employed workers in Quebec can opt into QPIP (even if they wouldn't qualify to participate in EI) and potentially collect parental benefits. Typical non-self-employed workers in Quebec pay into both EI (at the reduced rates for Quebec) as well as QPIP.\""}
{"_id": "25906", "title": "", "text": "\"To avoid nitpicks, i state up front that this answer is applicable to the US; Europeans, Asians, Canadians, etc may well have quite different systems and rules. You have nothing to worry about if you pay off your credit-card statement  in full on the day it is due in timely fashion. On the other hand, if you routinely carry a balance from month to month or have taken out cash advances, then making whatever payment you want to make that month ASAP will save you more in finance charges than you could ever earn on the money in your savings account. But, if you pay off each month's balance in full, then read the fine print about when the payment is due very carefully: it might say that payments received before 5 pm will be posted the same day, or it might say before 3 pm, or before 7 pm EST, or noon PST, etc etc etc. As JoeTaxpayer says, if you can pay on-line with a guaranteed day for the transaction (and you do it before any deadline imposed by the credit-card company), you are fine.  My bank allows me to write \"\"electronic\"\" checks on its website, but a paper check is mailed to the credit-card company. The bank claims that if I specify the due date, they will mail the check enough in advance that the credit-card company will get it by the due date, but do you really trust the USPS to deliver your check by noon, or whatever? Besides the bank will put a hold on that money the day that check is cut. (I haven't bothered to check if the money being held still earns interest or not).  In any case, the bank disclaims all responsibility for the after-effects (late payment fees, finance charges on all purchases, etc) if that paper check is not received on time and so your credit-card account goes to \"\"late payment\"\" status.  Oh, and my bank also wants a monthly fee for its BillPay service (any number  of such \"\"electronic\"\" checks allowed each month). The BillPay service does include payment electronically to local merchants and utilities that have accounts at the bank and have signed up to receive payments electronically. All my credit-card companies allow me to use their website to authorize them to collect the payment that I specify from my bank account(s). I can choose the day, the amount, and which of my bank accounts they will collect the money from, but I must do this every month. Very conveniently, they show a calendar for choosing the date with the due date marked prominently, and as mhoran_psprep's comment points out, the payment can be scheduled well in advance of the date that the payment will actually be made, that is, I don't need to worry about being without Internet access because of travel and thus being unable to login to the credit-card website to make the payment on  the date it is due. I can also sign up for AutoPay which takes afixed amount/minimum payment due/payment in full (whatever I choose)  on the date due, and this will happen month after month after month  with no further action necessary on my part.  With either choice,  it is up to the card company to collect money from my account on the day specified, and if they mess up, they cannot charge late payment fees or finance charge on new purchases etc.  Also, unlike  my bank, there are no fees for this service. It is also worth noting that many people do not like the idea of the credit-card company withdrawing money from their bank account, and so this option is not to everyone's taste.\""}
{"_id": "25925", "title": "", "text": "\"I once went to Walmart to buy an iPod touch. The price on the site was the same as on Amazon, and I figured getting it that day would be worth the extra money paid to sales tax.   When I got there and went to the Electronics checkout, I found that it was 10-15% more than Amazon's price. I pointed out that the website had it for less, and he said \"\"They have to compete with Amazon and such, so it's cheaper online.\"\"  I went home and ordered it from Amazon.\""}
{"_id": "25933", "title": "", "text": "Million of people uses computer a day. In those of people, few are knows how to keep their computers smooth, fast and reliable. For these reason they daily open their pc and annoys on it that why it is so slow?"}
{"_id": "25943", "title": "", "text": "I would recommend getting a used set of Chartered Financial Analyst books.  The series is a great broad introduction to the most important aspects of investing and the markets.  Combining both day-to-day knowledge and fundamental theory. CFA materials include in depth discussions of: After you have a strong base then stop by quant.stackexchange and ask about more specialized books or anything else that interests you.  Have fun with your journey."}
{"_id": "25946", "title": "", "text": "\"One big thing to consider is that \"\"financing\"\" (whether equity or debt) is not always available when you want it.  Examples:   * Dot-coms - Tech related companies were famous for their IPOs and raised tons of equity from the public market.  Post-bust the tech IPO market absolutely crashed for years [(example source)] (http://www.renaissancecapital.com/ipohome/press/ipofilings.aspx)  * Aircraft financing - EU banks used to do a ton of lending on aircraft (Boeing/Airbus) but after their financial crisis the market dried up [(example source)] (http://www.boeingcapital.com/cafmo/2013/brochure.pdf)  A lot of financing is about timing or paraphrasing my MBA professor - get financing when you can, not when you need it.\""}
{"_id": "25970", "title": "", "text": "There were a couple key differences between Keurig and Juicero.  * Keurig was going after a piece of a much larger pie. Most homes and offices have a coffee maker. A few homes and almost no offices have a juicer. * Keurig got a big boost from the office market. Much passive aggressive ink has been spilled over office coffee makers. Maintaining  one is a huge chore no one wants to do, and everyone complains that whoever made the last pot of coffee did it wrong. Keurig let everyone have the coffee flavour they like and ended the debate about when to start another pot. I've never heard of an office juicer, so Juicero didn't have that initial market to introduce people to their product.  * Keurig isn't that expensive. Keurig kept their prices low enough that people saw the premium as a reasonable convenience fee. Juicero went straight into luxury status symbol territory with their prices. * Keurig got people hooked, and then started the shady DRM. Juicero started off with the shady DRM."}
{"_id": "25975", "title": "", "text": "Well, yeah.  Costco sells items in bulk, Whole Foods does not.  A better comparison would be Whole Foods against Aldi, Albertson's, Smith's, Vons, WinCo, etc.  These are the companies that sell groceries in similar sizes, but perhaps of lower quality."}
{"_id": "25989", "title": "", "text": "You might investigate Paypal if it is available to both of you.  the International Transfers page on their site has a way to find out what sort of fee's they would charge you.   It might be a lot simpler and easier than doing wire transfers or dealing with banks etc."}
{"_id": "26005", "title": "", "text": "\"&gt; this should 100% be an opt-in  That goes for all this tracking stuff: if it is clear opt-in, it's fine.   The tricky part is that when we opt in we often tend to think, \"\"oh, they're using this to do X to do [some reasonable/benign/positive thing].\"\"   Once you've agreed, though, they can use it for whatever they want, often in ways that you'd never even imagine. :(\""}
{"_id": "26011", "title": "", "text": "In the United States most residential real estate transactions employ a title company to process all the paperwork and transfer all the funds. Some paperwork has to be filed with the local government, but they also have to deal with the banks/mortgage companies on the two ends of the transaction. At closing both parties will sign a ton of paperwork all of which was coordinated by the title company. As for the funds: The buyer will write a check; the lender will send over the loan commitment papers for the rest of the money.  How much money: that depends on the purchase price, the deposit, the down payment, the taxes and fees, an other closing costs they are responsible for (initial escrow, inspection, title insurance...).  The seller hopefully doesn't have to write a check, but if they underwater they will have to bring funds to closing. From the incoming funds the title company will send money to the old lender, the real estate agents, the local government to record the deed.  The sellers escrow money with the old lender may end up being sent back to the seller or some of the funds could be transferred to the buyer to help cover the portion of the real estate taxes. From the perspective of the buyer they will only write two checks (one at the start of the process for the deposit, and one on closing day for their portion of the transaction. The seller will hopefully walk away with a check. Of course determining if they will owe taxes for the transaction depends on a lot more information."}
{"_id": "26014", "title": "", "text": "Car clubs are designed for your use case.  They (are supposed to) feature (some or all of) local 24 hour availability; hourly rates for things like big shopping trips; whole-weekend use; insurance isn't your problem. If one is available in your area it's well worth a look.  You may find that for longer trips a conventional hire is cheaper, but membership fees can be low (another variable between schemes is the tradeoff between the membership fee and the per-use fees)."}
{"_id": "26051", "title": "", "text": "Our mortgage provider actually took the initiative to send us a refinance package with no closing costs to us and nothing added to the note; took us from a 30-year-fixed ~6.5% note to a 15-year-fixed ~5% note, and dropped the monthly payment in the process.  You might talk to your existing lender to see if they would do something like that for you; it gives them a chance to keep your business, and it cuts your costs."}
{"_id": "26054", "title": "", "text": "Reasons to pay with cash Reasons to borrow Things to watch out for"}
{"_id": "26067", "title": "", "text": "Most ag jobs in grain farming regions are operating heavy machinery. It's a very different, and much higher skilled job than most fruit picking jobs. In this case farmers have to compete against the wages offered by the construction industry for machinery operators."}
{"_id": "26075", "title": "", "text": "\"This is yet another in a long series of \"\"stop whining, the economy is fine\"\" articles.  It's a lie.  The economy is not fine.   There are good points in the article and it is important to not be misled by bad statistics, but he works hard to pretend that there are not problems in places where those problems are evident in the statistics.   He claims that falling labor force participation rate is because the statistics don't adjust to an increasing percentage of retirees, but everyone I know talks about the 25-54 statistics, in which retirement is negligible.  When you compare those to overall numbers, it shows big problems in the 25-54 numbers, and that people over 54 are working more and longer than they used to, not retiring sooner, an indication that they can't afford retirement.  He claims stagnation in median household income is misleading  because of a 5% drop in hours worked, which is completely bogus given the scale of the difference we're talking about.  Then he dismisses the disconnect between productivity and median wages by claiming that it's inappropriate to compare an average with a median, despite the fact that that's exactly what inequality is.\""}
{"_id": "26091", "title": "", "text": "But investing into your own company is already a tax deductible event. Expenditures like Research &amp; Development, employee compensation, and acquiring new equipment are all things that reduce taxable income.  https://www.usatoday.com/story/money/markets/2016/05/20/third-cash-owned-5-us-companies/84640704/  &gt; Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Cisco Systems (CSCO) and Oracle (ORCL) are sitting on $504 billion, or 30%, of the $1.7 trillion in cash and cash equivalents held by U.S. non-financial companies in 2015, according to an analysis released Friday by ratings agency Moody's Investors Service.  That's even more cash concentration than in previous years, as these five companies held 27% of cash in 2014 and 25% in 2013. Apple alone is holding more cash and investments than eight of the 10 entire industry sectors.  1/3 of all dollars created by the US Federal Reserve banking system (physically minted or otherwise) is collectively held by 5 companies. Companies exist to accumulate wealth and will seek to avoid unnecessary expenditures, which includes taxes.  The corporate income tax rate is 35%. For individuals, the top income tax bracket (for every dollar of income above $400,000) is 39.6%.  I argue that dropping the top individual income tax bracket down to 34% will not materially affect these companies (paying 35% income tax) from continuing to just sit on a ludicrous sum of wealth."}
{"_id": "26095", "title": "", "text": "\"A minor tangent. One can claim the S&P has a mean return of say 10%, and standard deviation of say 14% or so, but when you run with that, you find that the actual returns aren't such a great fit to the standard bell curve. Market anomalies producing the \"\"100-year flood\"\" far more often than predicted over even a 20 year period. This just means that the model doesn't reflect reality at the tails, even if the +/- 2 standard deviations look pretty. This goes for the Black-Sholes (I almost abbreviated it to initials, then thought better, I actually like the model) as well. The distinction between American and European is small enough that the precision of the model is wider than the difference of these two option styles. I believe if you look at the model and actual pricing, you can determine the volatility of a given stock by using prices around the strike price, but when you then model the well out of money options, you often find the market creating its own valuation.\""}
{"_id": "26114", "title": "", "text": "You have no idea what you're talking about.  Walmart pays double the taxes that it's employees get from the government.  If they didnt pay taxes, you would make sense. Unfortunately, they do and you don't.   Your argument is bad and you should feel bad."}
{"_id": "26122", "title": "", "text": "In many countries in Europe the prices shot through the roof, so it is not all positive. Also the switching country gives out lot of monetary control that is not welcomed by many.  I think that UK is not going to change to euro for a long long time."}
{"_id": "26143", "title": "", "text": "it just goes to say that you need the services of a reliable and competent transmission repair service. No matter what kind of vehicle it is, you must ensure that its transmission system is at its best for your safety on the road. If your in Las Vegas, try visiting carrepairvegas.com at 5400 E Tropicana Ave, Las Vegas, NV 89122 or call for inquiries at 702-433-5823. Website:  http://carrepairvegas.com/tag/transmission-repair-las-vegas/"}
{"_id": "26161", "title": "", "text": "one thing that would push me to agree to the delivery service is if they bring the bags right into my kitchen.  I don't want to do a hand off at the door of load after load of bags  also, at the store, I put like items on the belt so all the cold stuff is grouped, meat group, dairy group etc and my fruits and veggies grouped.  point is, I want it BAGGED that way so getting home I can prioritize cold over dry.  wonder if Bezos thought of that one ! :-)"}
{"_id": "26165", "title": "", "text": "You are expecting, that if you pay off a 30 mortgage after 16 years, you should be charged the same amount of interest as someone who had a 16 year mortgage for the same amount and with the same interest rate. This isn't correct, and here's why: the person with the 16 year mortgage paid it off faster than you. They paid more each month and the size of their loan shrunk faster than yours. After 15 years they had paid off a LOT more than you. You paid a lump sum after 16 years, but at this point, the extra money which they had paid had been in the banks hands for a long time. You caught up with them then, but you had been behind them for all of the previous years. On the other hand, you owed the same amount in each of those years as the person who took out a 30 year mortgage and didn't prepay. Therefore you paid the same amount of interest as this person, not the first person. If you could arrange in advance a loan where you made the same payment as you did for 16 years, then paid the balance in a lump sum, then you would have paid exactly what you did."}
{"_id": "26169", "title": "", "text": "The signal to noise/nonsense ratio in all of Taibbi's articles is absurdly low. It doesn't belong in r/finance.  There will always be a better article on any topic he touches on (such as this [outdated one](http://www.bondbuyer.com/issues/121_73/muni-ge-unit-exec-bid-rigging-trial-1038622-1.html) I just googled which gets to the point of what happened far more quickly)."}
{"_id": "26172", "title": "", "text": "Financial advisers like to ask lots of questions and get nitty-gritty about investment objectives, but for the most part this is not well-founded in financial theory.  Investment objectives really boils down to one big question and an addendum.  The big question is how much risk you are willing to tolerate.  This determines your expected return and most characteristics of your portfolio. The addendum is what assets you already have (background risk).  Your portfolio should contain things that hedge that risk and not load up on it.  If you expect to have a fixed income, some extra inflation protection is warranted.  If you have a lot of real estate investing, your portfolio should avoid real estate.  If you work for Google, you should avoid it in your portfolio or perhaps even short it. Given risk tolerance and background risk, financial theory suggests that there is a single best portfolio for you, which is diversified across all available assets in a market-cap-weighted fashion."}
{"_id": "26176", "title": "", "text": "\"You are spreading misinformation and propaganda in the form of \"\"knowledge\"\" which is why you should provide evidence for your claims.   The argument that ammonia is \"\"natural\"\" is ridiculous.   A lot of things are natural will kill you in small amounts.   You don't go into detail for your claims other than to act like people who don't want ammonia added to their meat are dumb and uninformed. Why don't tell us how much ammonia is okay? Should we just trust these corporations that everything they do is good for us?  You can spout your opinions on food where ever you want, but you are just as big an intellectual fraud as the people who avoid gluten and don't know what it is.\""}
{"_id": "26177", "title": "", "text": "Unless you think it's likely that you'll move back soon, this is probably not the best way to get experience as a landlord. You might want to talk to a property management company and look at the fees they would charge to do your job as landlord. You should also consider that your mortgage may require you to occupy the house for a certain amount of time. Mortgages for non-owner-occupied properties usually have a higher interest rate and vetting criteria are more strict."}
{"_id": "26182", "title": "", "text": "\"First, I'm not a CPA or international tax accountant; my entire understanding of the French tax system is entirely from what I've read in places like the WSJ, Barrons, WaPo, etc.   However, ***my understanding*** is that French tax law works something like this. Let's say France has a tax rate of 35%. First, it must be assessed where the controlling entity is. In this case, if the majority of production and labor, or if the corporation is primarily based in France, it would proceed as follows. Taxes are initially paid based on transfer pricing to the original local entity (this avoids \"\"double taxation\"\"). So in the example above, you would pay 10% to India on the $3,000,000 in profits ($300,000). You would then reduce the 35% French tax rate by the 10% already paid. This means you would pay an additional 25% to France ($750,000). The premise is that you have an effective \"\"minimum\"\" tax threshold for being in France. In the case above, companies like GE would have to pay the difference (this doesn't get into tax breaks/shelters on previously recorded losses, etc.).   Again, ***I AM NOT SURE ON THIS***. This is my basic understanding and am by no means a tax accountant/lawyer/etc. From what I understand; however, this hasn't necessarily been a good thing for France either (California is likely a similar case study with the Unitary return requirement). The fact is the world is very global nowadays. Its easier and cheaper for the companies to just leave instead of being forced to pay higher taxes...  IMO, Germany hit it right on the head. Low corporate tax rates with high personal tax rates. This maintains a very business friendly environment (business move there because of the skilled labor and low corporate taxes), but they effectively pass the burden on to individuals (who also benefit from the pro-business environment). You'd be hard pressed to find an economist that doesn't think Germany's economy has been very strong over the past decade (very good Soros speech that was recently posted about his analysis of the Euro and Germany's unfair benefits, but that's a whole different gear).   What I find the issue to be is the whole concept is complex enough that's difficult to explain to the average person with a 2 second attention span. That's why I like writing posts like this, to try to help people understand how finance and businesses operate behind the scenes!\""}
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{"_id": "26203", "title": "", "text": "First, the stock does represent a share of ownership and if you have a different interpretation I'd like to see proof of that. Secondly, when the IPO or secondary offering happened that put those shares into the market int he first place, the company did receive proceeds from selling those shares. While others may profit afterward, it is worth noting that more than a few companies will have secondary offerings, convertible debt, incentive stock options and restricted stock that may be used down the road that are all dependent upon the current trading share price in terms of how useful these can be used to fund operations, pay executives and so forth. Third, if someone buys up enough shares of the company then they gain control of the company which while you aren't mentioning this case, it is something to note as some individuals buy stock so that they can take over the company which happens. Usually this has more of an overall plan but the idea here is that getting that 50%+1 control of the company's voting shares are an important piece to things here."}
{"_id": "26207", "title": "", "text": "&gt;Ingratiate yourself, build up a history  Why do people think this is necessary? Nobody is going to care what your reddit history is unless you are one of the very few accounts with actual name recognition.  If I see a post about a product I'm not going to check the poster's karma to see if it is worth checking out. Who does that?"}
{"_id": "26212", "title": "", "text": "Thanks! I will admit the past few weeks were tough but yesterday when I was craving a fresh salad and fruit instead of stead and sausage it felt pretty good. Plus the health benefits from a plant based diet are just ridiculous."}
{"_id": "26217", "title": "", "text": "The government is by the boomers for the boomers.  They're in senior management.  Gen X is middle management.  And Gen Y is just starting out.  The boomer generation is going to do what it thinks benefits the boomer generation.  If it means re-inflating housing market so boomers can unload or reverse-mortgage their house for retirement, so be it."}
{"_id": "26218", "title": "", "text": "It is important for you to understand the calculus of the situation, while the Orange buffoon prances around in front of the world keeping people suitable entertained, a deeper and darker agenda is at play in the back ground.  It is not America first or the American people first, it is the Israeli agenda first and Israeli control of the US government and economy that is at play here, this is not a conspiracy or some tall tale, it is a simple statement of fact now and common knowledge.  Jokes aside, Nathanyahu is now permanently infesting Donald Trumps rectum and calling the shots.  The is only one way, Donald Trump can free himself of this infestation and free America and the American People from this Israeli Parasitic grip.  I am afraid you are going to have to go nuclear, you can have a nuclear bomb and still hug the trees and hump the whales . . .but if you don't have a nuclear bomb, it will not be too long before you become a terrorist state and are a threat to Israel's survival and must be wiped off the face of the earth.  You are never going to be part of the EU and always a second rate citizen in NATO and will end up going the way of Afghanistan, Libya, Iraq, Syria and Iran  Nuke up . . .Protect yourself"}
{"_id": "26252", "title": "", "text": "The basic problem here is that you need to have money to invest before you can make a profit from it.  Now if you have say $500K or more, you can put that in mutual funds and live modestly off the profits.  If you don't have that $500K to start out with, you're either looking at a long time frame to accumulate it - say by working a job for 30+ years, and contributing the max to your 401k - or are playing the market trying to get it.  The last is essentially gambling (though with somewhat better odds than casinos or horse racing), and puts you up against the Gambler's Ruin problem: https://en.wikipedia.org/wiki/Gambler's_ruin You also, I think, have a very mistaken idea about the a typical investor's lifestyle.  Take for instance the best known one, Warren Buffet.  No offence to him, but from everything I've read he lives a pretty boring life.  Spends all day reading financial reports, and what sort of life is that? As for flying places being exciting, ever tried it?  I have (with scientific conferences, but I expect boardrooms are much the same), and it is boring.  Flying at 30,000 ft is boring, and if it's a commercial flight, unpleasant as well.  A conference room in London, Paris, or Milan is EXACTLY the same as a conference room in Podunk, Iowa.  Even the cities outside the conference rooms are much of a muchness these days: you can eat at McDonalds in Paris or Shanghai.  Only way to find interest is to take time from your work to get outside the conference rooms & commercial districts, and then you're losing money."}
{"_id": "26260", "title": "", "text": "&gt;(if that is his real name)  Haha, thanks for having a sense of humor. I suppose I was needlessly rude above because that particular unfounded assumption must activate my logic Nazi.   I've had accounts for close to 5 years, but you wouldn't know it by looking at the *MyLoginName* account."}
{"_id": "26263", "title": "", "text": "Get in touch with a reliable company if you are looking for a range of small business financing solutions. Such companies offer consolidation loans to help smaller businesses take care of their previous obligations and this way manage their finances better"}
{"_id": "26292", "title": "", "text": "In my opinion, the average investor should not be buying individual stocks. One reason why is that the average investor is not capable of reading financial statements and evaluating whether a stock is overpriced or underpriced. As such, they're often tempted to make buy/sell decisions based solely on the current value of a stock as compared to the price at which they bought it. The real reasons to buy (or sell) a stock is the expectation of future growth of the company (or continued profit and expected dividends). If you aren't able to analyze a company's financial statements and business plan, then you really aren't in a position to evaluate that company's stock price. So instead of asking whether to sell based on a recent drop in stock price, you should be investigating why the stock price is falling, and deciding whether those reasons indicate a trend that you expect to continue.  If you buy and sell stocks based solely on recent trends in the stock price, you probably will end up buying stocks that have recently risen and selling stocks that have recently fallen. In that case, you are buying high and selling low, which is a recipe for poor financial outcomes."}
{"_id": "26307", "title": "", "text": "\"I have an answer and a few comments. Back to the basics:  Insurance is purchased to provide protection in case of a loss. It sounds as though you are doing well, from a financial perspective. If you have $0 of financial obligations (loans, mortgages, credit cards, etc.) and you are comfortable with the amount that would be passed on to your heirs, then you DO NOT NEED LIFE INSURANCE. Life insurance is PROTECTION for your heirs so that they can pay off debts and pay for necessities, if you are the \"\"bread-winner\"\" and your assets won't be enough. That's all. Life insurance should never be viewed as an investment vehicle. Some policies allow you to invest in funds of your choosing, but the fees charged by the insurance company are usually high. Higher than you might find elsewhere. To answer your other question: I think NY Life is a great life insurance company. They are a mutual company, which is better in my opinion than a stock company because they are okay with holding extra capital. This means they are more likely to have the money to pay all of their claims in a specific period, which shows in their ratings: http://www.newyorklife.com/about/what-rating-agencies-say Whereas public companies will yield a lower return to their stock holders if they are just sitting on additional capital and not paying it back to their stock holders.\""}
{"_id": "26315", "title": "", "text": "To make you happy. The thing is, if they split 10 for 1, its still the exact same value in total. There are just more shares that are worth 35 instead of 350each. You need to know things like how many shares there are &lt;the float&gt; how rapidly the company is growing. If it has earnings at all and how much. There is a lot more to the value of a company than the price of the stock alone."}
{"_id": "26326", "title": "", "text": "Yes, from June 1968 until December 1968, they closed the NYSE every Wednesday so they could catch up on paperwork representing billions of dollars in unprocessed transactions.  Even after the NYSE re-opened on Wednesdays in January 1969, they still had to close it early at 2pm for seven more months. Forbes has a description of this: Not to be forgotten, though, is the Paperwork Crunch. In a day of email and the Cloud and trading completed in microseconds, the idea that Wall Street needed Wednesdays off in the late 1960\u2032s to catch up on back-office tasks seems especially quaint. Yet, in 1968, the NYSE found itself sitting on more than $4 billion in unprocessed transactions. Trading had risen to 21 million shares daily; by contrast, even in the heavy volume days in 1929, trading never went above 16 million shares. Papers stacked on desks. A (now old) joke formed: If a fan blew the wrong way in a Wall Street office, visitors below could expect a ticker-tape parade. \u201cEverybody agreed that the securities-processing system had virtually broken down, and the only major point of dispute was who was more responsible for the mess: the back offices of the brokerage firms of the stock-transfer agents,\u201d Securities and Exchange Commission Commissioner Ray Garrett, Jr. said in 1974. Some 100 broker-dealers failed, crumbling under the pressure of fulfilling those back-orders. The fix: an organization akin to the FDIC, the Securities Investor Protection Corporation. Wall Street would stick to the shortened weeks from June to December; in January, Wednesday trading resumed, though it ended early at 2 for another seven months."}
{"_id": "26329", "title": "", "text": "I've consulted to a few companies before and I have to say the biggest problem I found among them was their inability to understand growth.  Now, most companies become ambitious and in a sense want to grow and increase their profits but are completely off in how to do it.  This can be seen from a manufacturing/sales/engineering perspective and administrative functions. The idea that always sticks in their minds is they have to add personal if they wish to grow, though that isn't always true.  As an external person with no set bias, you should be able to figure out a creative way to their problems (even if they haven't noticed them yet).   Another area I've come to see problems in is debt. I've seen successful companies held down by their insistance they run a cash only business to others that took on too much debt.  There is no easy solution to this, yet a gradual and conservative approach to this area can help them in the long-run.  On the same topic, I often think there are lots of inefficiencies in finances (and the support groups) that can be remedied in an easy manner.   Lastly, the biggest problem I've seen with every single small business is customer service.  As they grow, the lack of training is apparent and there is no common ground as to how employees should be portraying their company.    Good luck!"}
{"_id": "26335", "title": "", "text": "\"Modern portfolio theory dramatically underestimates the risk of the recommended assets.  This is because so few underlying assets are in the recommended part of the curve.  As investors identify such assets, large amounts of money are invested in them.  This temporarily reduces measured risk, and temporarily increases measured return.  Sooner or later, \"\"the trade\"\" becomes \"\"crowded\"\".  Eventually, large amounts of money try to \"\"exit the trade\"\" (into cash or the next discovered asset).  And so the measurable risk suddenly rises, and the measured return drops. In other words, modern portfolio theory causes bubbles, and causes those bubbles to pop. Some other strategies to consider:\""}
{"_id": "26339", "title": "", "text": "It is easier to get a loan on a rental than a flip, which is a huge advantage to rental properties. Leverage allows you to increase your returns and make more money off appreciation and higher rents. I use ARMs to finance my rental properties that are amortized over 30 years. I have to put 20 percent down, but my portfolio lender lets me get as many loans as I want. Because I put 20 percent down on my rental properties and they still have great cash flow I can buy three times as many properties as I could with cash purchases.  Buying more rental properties amplifies the other advantages like cash flow, equity pay down and the tax advantages."}
{"_id": "26344", "title": "", "text": "Aeroprop, is one of the pinnacle leading propeller manufacturer organisation, who've greater than sixty five years of experience, along with all these items we carry out a huge range of Non-Destructive Testing inclusive of magnetic particle and eddy modern inspections, We test on housing gadgets propellers and different additives to come across microscopic cracks  or flaws that cannot be unseen through the naked eye.The Aeroprop Prop Cylinder Flush focused on first-class one product line, so whether or not it\u2019s a 2-blade metallic propeller or a 6-blade composite device, our understanding of Hartzell plane propellers is remarkable. If you name for the super in your plane, don\u2019t accept whatever a great deal much less. Aeroprop has been the leader in aircraft Hartzellpropeller structures for nearly a century."}
{"_id": "26345", "title": "", "text": "\"How is it gaming the system to ask customers who appreciated the service to write a review?   So now only \"\"trusted\"\" or more \"\"frequent\"\" users reviews count as legitimate? Perhaps those users reviews should supercede those of new reviewers, but not filter them entirely.\""}
{"_id": "26357", "title": "", "text": "\"The credit and debit terms here is, talking from bank's point of view (shouldn't be a surprise, banks are never known to look at things from the customers' POV ;)).  In accounting, a liability (loans, owners capital etc) is a credit balance and asset (cash, buildings and such) is a debit balance.  Your account is a liability to the bank (in accounting parlance that is because they owe you every single penny that is there in your account, btw, in literal parlance too if you really make their life harder ;))  So when the bank accepts money from you, they need to increase their asset (cash) which they will debit (higher debit balance for asset means more assets), and at the same time they also have to account for the added liability by \"\"crediting\"\" the deposited money into your account. So when bank says they have credited your account, it means you have more money in your account. Now, if you transfer money from your account to another, or make a payment through your account, your account will be debited and the beneficiary account will be credited(bank's liability towards you reduces) More or less what everyone else said here... but hey, I could also take a swipe at banks ;))\""}
{"_id": "26358", "title": "", "text": "Single person salary on 7.25 is about $1200 a month, before taxes. Rent in a slum is $500, then you have health and car insurance in the most optimistic situation, electric, water, phone that employer requires you to have, food and care products. This assuming no car note and never buying clothes. It's insane to me that people think that it's okay to subsidize their lifestyle by starving someone, and pretending that is possible."}
{"_id": "26369", "title": "", "text": "&gt;Go Daddy opposes SOPA because the legislation has not fulfilled its basic requirement to build a consensus among stake-holders in the technology and Internet communities. Our company regrets the loss of any of our customers, who remain our highest priority, and we hope to repair those relationships and win back their business over time.  **Translation:**  We're still planning on fucking you, but we're going to wait until we're not the only dick at the party."}
{"_id": "26392", "title": "", "text": "Angels are different from venture capitalists because they use their own personal money to invest in a business. Venture capitalists invest from a fund which they manage on behalf of those who invest in the fund. If you are interested in connecting with an angel investor right now, you can find one using Angel Investment Network."}
{"_id": "26397", "title": "", "text": "Your credit rating will rise once the loan is repaid or paid regularly (in time). It will not get back to normal instantly. If the property is dead weight you may want to sell it so your credit score will increase in the medium term."}
{"_id": "26400", "title": "", "text": "You fully support the free market.   Good for you. I support the worker over the corporation. What the fuck is the point of having a job(s!) which don't support you? You can go on and on about market equilibrium or whatever. Flat out I support raising the minimum wage. I support ending corporate welfare. I think this country has the means to support anyone willing to work as hard as her to make sure she and her kids have the very basics.   Define value for me.... Not everyone worships money or the 'free' market. I get what sub were on. Maybe you're a super practical person. But try and imagine you have her life. No life is not fair, slavery wasn't fair but humans tried to put an end to that. If you think it's ok for this to be how it is, we have nothing to speak further about.   And to your hypothetical- no I cannot come up with a number, congratulations. Bet if you went over to personal finance, gave them a location for this hypothetical, they would come up with a smaller range of numbers than you think. Also the argument that a teenager doesn't need to be paid a living wage is ridiculous. It's the exact argument that's been used to under pay women.   Maybe empathizing on this scenario is beyond you."}
{"_id": "26407", "title": "", "text": "\"I've been down the consolidation route too (of a handful of DC pensions; the DB ones I've not touched, and you would indeed need advice to move those around). What you should be comparing against is: what's the cheapest possible thing you could be doing?  Monevators' online platform list will give you an idea of SIPP costs (if your pot is big enough and you're a buy-and-hold person, ATS' flat-fee model means costs can become arbitrarily close to zero percent), and if you're happy to be invested in something like Vanguard Lifestrategy, Target Retirement or vanilla index trackers then charges on those will be something like 0.1%-0.4%.  Savings of 0.5-1.0% per year add up over pension saving timescales, but only you can decide whether whatever extra the adviser is offering vs. a more DIY approach is worth it for you. Are you absolutely sure that 0.75% pa fee isn't on top of whatever charges are built into the funds he'll invest you in?  For the \u00a31000 fee, advisers claim to have high costs per customer because of \"\"regulatory burdens\"\"; this is why there's talk of an \"\"advice gap\"\" these days: if you only have a small sum to invest, the fixed costs of advice become intolerable.  IMHO, nutmeg are still quite expensive for what they offer too (although still probably cheaper than any \"\"advised\"\" route).\""}
{"_id": "26431", "title": "", "text": "\"The FSA, in contrast to the HSA, is not an \"\"account\"\" that you put money in.  FSA stands for \"\"Flexible Spending Arrangement,\"\" not \"\"Account.\"\"  Technically, it is a defined-benefit plan.  Here is the difference: With an account such as an HSA, you put money into the account, and you get that same money out.  You can't take money out unless you first put money in. The FSA doesn't work that way.  Instead, you pick an annual amount that your FSA will cover, and work out a monthly fee to pay for it.  For example, you might decide on a $1800 FSA, which will cost you $150 per month.  However, the $150 you pay each month does not go into an account for you; instead, it goes to your employer, who is managing the plan. Let's say that in January, at the beginning of the plan year, you have a large medical expense of $1000.  You've only had $150 taken out of your paycheck so far this year, but you are covered for $1800, so you get reimbursed the full $1000.  This is referred to as \"\"uniform coverage\"\", meaning that you get the full $1800 of coverage on day 1 of the year. Now let's say that you leave your job in March.  You've only paid $450, and you've received $1000 in benefit.  You do not owe your employer the rest of the money; your employer eats this cost.  This is the trade-off that the FSA offers over other types of accounts: depending on an employee's circumstances, an employer might make money (use-it-or-lose-it) or might lose money (uniform coverage) on an individual employee. The idea behind the use-it-or-lose-it provision of the FSA is to help the employer pay for the uniform coverage provision. The details behind the FSA (and other types of health plans) are outlined in IRS Publication 969. I'm sure that a secondary reason behind the use-it-or-lose-it provision is that it encourages an employee to keep his FSA plan small, so he can use it all up and not have to lose too much of it at the end of the year.  And a smaller FSA contribution means more tax money for the government. To address your point that it shouldn't be this way: I'm personally not a fan of the FSA because of the use-it-or-lose-it provision.  But participation is voluntary, for both employers and employees.  You proposed an alternative set of rules for the FSA, but you are basically describing an HSA, in which you cannot spend more than you have, and you get to keep whatever is left over.  The recent rules changes that allow plans to feature a grace period or a small carryover balance were an attempt to make the FSA a little more attractive/useful, but if you want the ability to keep your money and not have to spend it at all, use an HSA instead.\""}
{"_id": "26449", "title": "", "text": "\"&gt; Would they go up at all?  I assume, based on the rest of your post, that this is in reference to new tenants?  &gt; If the minimum wage goes up some workers might choose to move out from living with relatives or roommates so there would be some increase in demand but we wouldn't be \"\"overflowing with potential tennants\"\"  I was referring to the areas where people who are currently making $15/hr live. People can always live in cheaper areas, but the neighborhood generally reflects that, so people would rather live in the nicer places with less crime and better roads.   That you assume people will have relatives that they can live with tells me something.  &gt; and if rents started going up these new entrants to the housing market would likely fallback on their original housing setup with would moderate the impact.  Looks like you're starting to get it.  &gt; As far as gas goes, while I don't have specific numbers in front of me, I think it's a reasonable assumption that US labor costs are a relatively small percentage of what you pay at the pump so even if those costs went up you wouldn't expect prices to surge.  Oh, sorry, I thought you meant gas for the stoves and heat. You mean gasoline (maybe the brits have it right by calling it petrol).   That will increase as the value of our dollar decreases in relation to the rest of the world, due to the fact that we don't really make anything anymore.\""}
{"_id": "26462", "title": "", "text": "Should go up because of a company is doing better than the market previously expected it to do, the implication is that it's undervalued at the current price and you buy now you're getting it for less than what it's worth.   If Trump was wrong, then the stock would trade up for a bit before ultimately finishing up where it started when the market realises there's nothing in what he said."}
{"_id": "26479", "title": "", "text": "Perhaps the world does not like a Global economy dominated by a Fucking Moron, Perhaps the world does not see a future in a Jew dominated Fed that can print whatever it thinks sounds like fun and then lend it to the US treasury in an insurmountable mountain of debt.  Gosh . . .isn't the FED supposed to be pretending to unwind all  that 0 market valuation crap from 2008 ?  I wonder if there are even any houses after a decade"}
{"_id": "26487", "title": "", "text": "If you set a savings amount now and leave it totally fixed you're likely to massively undershoot or overshoot.  What is more likely is that you will adjust either your savings or your retirement expectations as things go along.  If it turns out you have $10M (2010 dollars) at age 50 perhaps you'll retire early, and if you have $10k perhaps you'll buckle down and work much longer or save much more. So I think what you are looking for is an assurance that if you budget to save x% of your salary over n years, and you get an after-inflation after-tax return of y% pa, you will eventually be able to retire on an income equivalent to z% of your working income.  It's pretty easy to calculate that through a future-value formula.   For instance, one set of values that works is saving 20% of income, 5% real return, 30 years = final income of 66% of working income.  Or save half your income and within 14 years you can retire and keep spending the amount you were previously spending.  Resist the temptation to crank up the assumed return until you get the value you want. I think it would be great hubris to try to make this very precise.  Yes, probably you will get raises, of course there are taxes to take into account (probably higher while you're saving), inflation and returns will vary from year to year, et.  You can guess at them.  But they'll change, and there are bigger things that are unpredictable: your personal life, your health, the economic future of your career or industry.  I reckon this simple formula is about as good as you will get."}
{"_id": "26492", "title": "", "text": "\"I have no personal knowledge of this company; I've only looked over what I found on the web.  Overall, my judgement is that Pension Benefit Information, Inc. of San Rafael, CA is likely legitimate and aboutmyletter.com is one of two sites run by them (the other being pbinfo.com). These two sites are registered to Pension Benefit Information, Inc. (aboutmyletter uses Network Solutions privacy service but gives the company name; pbinfo uses their name and San Rafael address.) They are in the BBB.  The president (of the 8 employee Co.), Susan McDonald, has testified (PDF on .gov site) before Congress about business uses of SSNs.  They made a (very schlocky) video, which has an interview with McDonald after several canned, generic, \"\"impressive\"\" introductions.  I found the interview convincing of a person actually running a small, real business of this type.  A short version is on their site, long version here. There are some queries about their legitimacy online (like this one), but I found nothing negative on them, and one somewhat positive. One article talks about the suspicions they run into when contacting participants, and has some advice.  Also, scammers are unlikely to pay the U.S. Postal Service money to send paper letters. So what are the dangers? Money or identity.  So don't pay them any fees (now or later), especially since it looks like their clients (retirement funds) pay on the other side.  As for identity information: What's in the letter?  Don't they show that they already know a bunch about you?  Old employer?  Maybe the last four digits of your SSN?  Your address (if this is not the forwarded-by-IRS type of contact letter).  Other things, maybe?  What information would you be giving up if you did respond to them fully? You could try contacting your old company directly (mentioning PBI, Inc,), although on their website PBI says you'll have to go through them.  (They probably get paid for each successful contact, and deserve it.)  Still, responding through mail or telephone to PBI seems like the reasonable thing to do.\""}
{"_id": "26508", "title": "", "text": "Because you actually reside in New Zealand, your income taxes will be paid in New Zealand. However, as a non-resident of Australia you will have tax withholding on all of the interest you earn in an Australian bank account. Obviously, because that tax is paid to Australia, that will not be counted against your New Zealand income taxes due to the taxation agreement between those countries. You should still discuss this with an accountant in New Zealand and consider acting as a sole trader. Since you are doing freelance work, that seems like the most logical setup anyway."}
{"_id": "26512", "title": "", "text": "\"I understand the sentiment here, I truly do. However, to be consistent in ones rage against off-shore business and tax evasion strategies, then the list of companies that need to be boycotted is very, very long. Apple, Exxon, BoA, Citi, GE, Pfizer... Thousands of companies keep hundreds of billions off-shore and realize profits off-shore with all kinds of twisted schemes. The real solution here is to fix the tax laws and tax rates to stop \"\"inversion\"\" tactics.\""}
{"_id": "26538", "title": "", "text": "\"To the average consumer, the financial health of a bank is completely irrelevant.  The FDIC's job is to make it that way.  Even if a bank does go under, the FDIC is very good at making sure there is little/no interruption in service.  Usually, another bank just takes over the asset of the failing bank, and you don't even notice the difference.  You might have a ~24 hour window where your local ATM doesn't work. I also really question the \"\"FDIC is broke\"\" statement.  The FDIC has access to additional funding beyond the Deposit Insurance Fund mentioned in your link.  It also has the ability to borrow from the Treasury. If you look into the FDIC's report a bit closer, the amount in the \"\"Provision for Insurance Losses\"\" is not just money spent on failing banks.  It also includes money that has been set aside to cover anticipated failures and litigation.  Saying the FDIC is \"\"broke\"\" is like saying I am \"\"broke\"\" because my checking account balance went down after I moved some money into a rainy-day fund. Failure of the FDIC would signal a failure of our financial system and the government that backs it.  If the FDIC fails, your petty checking account would be meaningless anyway.  The important things would be non-perishable food, clean water, and guns/ammo. That said, it will be interesting to see the latest quarterly report for the FDIC when it is released next week.  The article implies things will look a little better for the FDIC, but we'll see.\""}
{"_id": "26548", "title": "", "text": "Assuming you can get keep getting credit cards like this forever, you open yourself up to risk in short term losses. Stock/bond prices fluctuate. If you need to pay the money back for some reason (at the end of the 15 months) your investment may be less than the 5,000 you started with."}
{"_id": "26550", "title": "", "text": "That's right. Thank goodness. Jobs was a fucktard who knew how to make phones produce incredible profit margins.  While Elon Musk is a man who is changing the way we travel, produce and use electricity, and make mankind a multiplanetary species.  Jobs was never fit to even clean Elon's shoes."}
{"_id": "26569", "title": "", "text": "&gt;You make up the lost ad money by my subscription.   The problem with this is that they want far too much money for a subscription. The article is dead on that cable is grossly overpriced; I think most people who still get it do so because they need certain channels they can't get any other way - yet. So what will happen is that many of the current content providers will attempt to sustain their earnings by demanding subscription or PPV fees much higher than most people want to pay. For example:  * Shaw Cable PPV HD movie: $6.99, good for 24 hours * Netflix HD movie: $7.99/month for as many movies as I can find that I like  This is an order of magnitude different, and it's going to kill many 'traditional' businesses. I suspect the movie studios, cable companies, and other vested interests are going to try very hard to kill services like Netflix."}
{"_id": "26578", "title": "", "text": "Financial Aid - the government gives you better interest rates and is a better lender.  Credit Cards - are for idiots.  Mortgage and Loans - Credit Unions give a much better deal. They actually re-invest in the community.  You can take you big banks and shove em' up your ass."}
{"_id": "26581", "title": "", "text": "\"The only thing I'd be concerned about is whether or not the credit report site offers a loan consolidation option right next to the statement that \"\"too many installment loans are lowering your score.\"\"  If it is, then the site stands to get a kickback for referring you, and you might question whether or not the advice is correct. But if not, then take that statement at face value and look to consolidate.  Just run the numbers to see what it will cost (or save) you.\""}
{"_id": "26584", "title": "", "text": "\"You have to be firm. Refuse to work excessive overtime. This is why I switched to consulting. 16 hour days suck, but if you're billing for 16 hours, it makes it more bearable.   I've recently switched to the \"\"I only care about money\"\" mode of thinking, and switched to hourly pay after being salaried for almost 10 years. And it's not that it's the only thing that matters, but a lot of the rest of this stuff falls into place. It really simplifies things. You don't work for free. Your time is seen as a commodity. You are given goals and targets. You're not dragged into unnecessary meetings. Your opinion is respected. If you have to work saturday, you're sure as hell billing for it. If I take off at 2pm because I want to watch a hockey game, I just stop billing at 2 and there isn't this \"\"I'm not getting my money's worth!\"\" feeling from the manager.\""}
{"_id": "26597", "title": "", "text": "Availing limo service Melbourne could be one of the most pleasant experiences that you can have, but experts say that this would be possible only when you stay very attentive throughout the hire process. Apart from being attentive and cautious, you can also take the following steps to make sure that you get the best of this experience."}
{"_id": "26613", "title": "", "text": "meh,, regardless, it's obvious that the revenue of the USPS will continue to fall with online everything happening.  I would suggest we should start winding it down with full dismantle in 25 years.  There is no need.  Private companies can service our postal needs now."}
{"_id": "26626", "title": "", "text": "I was in Detroit recently and Lyft drivers are getting cars from them to use and if they work a certain amount per week they don't have to return them after the shift. Gonna get pretty rapid growth giving out cars on a lease to own with no money down."}
{"_id": "26629", "title": "", "text": "Yes, just set aside the amount of money. If you buy a cfd long in a stock for a 1000$, set aside 1000$. If you buy a cfd short, set aside the same amount and include a stoploss at the value at which the money is depleted. In this case however, you can stil lose more, because of opening gaps. By doing this, you replicate the stock return, apart from the charged interest rate."}
{"_id": "26639", "title": "", "text": "It doesn't have to be. Public school is just fine. I did both growing up, and I don't know why people still think public school sucks. All the teachers were good in public school despite being a little less hard than my private school. Public schools are also very big on anti-bullying."}
{"_id": "26642", "title": "", "text": "The funny thing is, if someone came into the front door of a bank branch and committed a robbery in which they stole a fraction of that much, he'd be spending a lot more time in jail.  People who abuse their positions of trust to steal far more are getting off with a slap on the wrist.  Something is fundamentally wrong there.  [Edit: I left a word]"}
{"_id": "26652", "title": "", "text": "Broadly speaking, a traditional account is better if you will be in a lower tax bracket in retirement (see for instance here).  When you put the money in now, you pay no taxes on it at your current (high) rate; when you take it out, you will pay taxes at your future (low) rate.  You push the taxes onto your future, lower-rate self. This is, crucially, assuming you can deduct the contribution on the traditional IRA.  If you can't (e.g., because you have an employer-sponsored plan and make too much money), the traditional IRA doesn't really gain you anything (see here). That is the basic story, but there are some other differences to consider as well.  For instance, if your income is too high, you cannot contribute to a Roth at all.  Also, with a traditional IRA you're required to start taking money out at a certain age, whereas with a Roth you never have to; this can make a difference if you have other retirement income and want to leave the money in the Roth (e.g., to pass on to your heirs without having to pay an intermediate tax at withdrawal). On a more speculative level, there is the possibility that tax rates may change between now and your retirement; some people try to hedge against this possibility by strategically allocating their retirement assets based on whether they think tax rates will rise or fall."}
{"_id": "26655", "title": "", "text": "\"even though they're only asking for 1/2 the money and have excellent credit that the mortgage company may not lend it to them if I'm over priced Yes. If the house's value, as determined by the appraisal, is less than the sale price, the bank will not finance the loan. Appraisals and the appraisal process have become much tighter since the Frannie and Freddie debacle. This fact is true regardless of amounts or credit history. Though this is happens somewhat rarely; typically if a seller and buyer agree to a price, this price is a reasonable value -- after all, that is nearly the definition of \"\"market value\"\". So, yes, it is true (and always true, for any financed purchase), but that shouldn't really affect your decision. If you try to sell for more than the appraisal, you will just lower the price to the appraised amount.\""}
{"_id": "26663", "title": "", "text": "&gt;paint Trump as incompetent...  As an outsider with no dog in your race, Trump painted himself incompetent long before he even ran for election.  Hell in my country (before that mess of an election) all Trump was known for is being that billionaire who unsuccessfully tried to bully an old Scottish lady."}
{"_id": "26665", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://aeon.co/essays/how-work-changed-to-make-us-all-passionate-quitters) reduced by 96%. (I'm a bot) ***** &gt; In doing so for work, they developed a metaphor - that every person should think of herself as a business, the CEO of Me, Inc. The metaphor took off, and has had profound implications for how workplaces are run, how people understand their jobs, and how they plan careers, which increasingly revolve around quitting.  &gt; In the US especially, there is a strong cultural consensus that people should feel passion for their work, and work hard.  &gt; She would tell an executive she was trying to recruit that if they no longer felt any passion for their work, then they were harming all their colleagues at work, who now had to work with someone who no longer enjoyed work to its utmost.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qge9i/good_jobs_used_to_be_ones_with_a_good_salary/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~179016 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **job**^#2 **company**^#3 **market**^#4 **quit**^#5\""}
{"_id": "26670", "title": "", "text": "\"I love the ol' American response \"\"you gotta work hard to be successful\"\". Umm, no? Because if we'd all have a choice, I'm sure non would pick to be part of a minority, or purposefully choose to be born in rural, poverty stricken Africa.\""}
{"_id": "26672", "title": "", "text": "\"This isn't negotiations anymore. They are trying to change the deal after the fact. Stop negotiating and tell them they are bound to the agreement they signed. They are leaning on you because they know you are small and likely can't fight them. Document every conversation. Do not allow them to keep pushing after they've signed the agreement.  They accepted your bid (after giving your pricing to a competitor, which is shitty and should have been your first red flag). Then they started working on you. At that point your answer should have been \"\"we have a verbal agreement of x services for y price. A different scope of work is not scalable and would require a new quote.\"\"  At this point you can either accept that they will continue to beat you up, or you can jam the contract down their throats until they agree or walk away.   I've been in a situation like this before. A major multinational asked for bid pricing that was agreed to be estimated only based on very loose requirements. Then they handed us a contract with that pricing included as \"\"not to exceed\"\".  We ended up walking away. It sounds like you may want to do the same if you can. Big companies often will have legal and payables departments that basically exist to fight any obligation to pay out money. In our case shortly after we ran into someone in our industry who'd worked with that company, and they said to assume that company would reject 30% of all invoices we sent. If nothing else, to delay payment just a bit longer so they could keep earning interest on the money.  Also, in the future I wouldn't turn away work until you are under a signed contract for a big project like this. You can't rely on such a contract to come through. If they drag feet and your schedule is full that's on them, or you bring in additional help or subcontract the work to deliver.\""}
{"_id": "26674", "title": "", "text": "Many gains to be had, but the two rules of investing are don't lose money. So if you are to invest in marijuana, wait until marijuana is legal, and wait for the market leader to emerge, and see what their financials are like. Then invest, with enough information."}
{"_id": "26680", "title": "", "text": "\"If you look at a diffusion of innovations curve, the early adopters are different demographic than the others. When Reddit had less click traffic, less users, it was early adopters. Maybe some subs were echo chambers for views on unlimited free speech, but by and large, there were no echo chambers. People would make meta comments whenever they noticed an unpopular opinion being downvoted, saying things like, \"\"are you downvoting because you disagree, or because the comment is baseless?\"\" and the hive was willing to admit fault and correct behavior within that thread. In theory, people could argue about Bernie or Jeb Bush being better a stronger POTUS candidate, and up/down votes would be given based on how many links / sources were provided, not which candidate was proselytized. If some nut job mentioned Trump winning, it would be up-voted for visibility, so that intelligent discourse could commence about the outrageous notion, maybe links to previous stabs at a campaign, not a circlejerk with one video and dozens of photos of Trump admitting he'd sleep with his daughter and holding her on his lap inappropriately. That's what happens when early adopters of ~~Reddit~~ innovation lose their platform to the masses. People exploring new frontiers appreciate their liberty, and likely respect other people's liberty, as well. The public is conditioned that the custom and habit of their tribe are the laws of nature. There never has been free speech, and there never should be, and if you try, they will intentionally misbehave for negative attention or because the end justifies the means.\""}
{"_id": "26695", "title": "", "text": "You can't ask insurers to use a particular score -- they have a state-approved underwriting model that they must follow consistently. Insurance companies make money by not paying claims, and poor credit score (including limit access to credit) increases the probability that you will file a small claim. Why? If you get into a minor accident (say $750 of damage) and have a $500 deductible, you are much less likely to file a claim to get $250 if you have access to a cash or credit lines to make the repairs yourself.  If you feel that you are going to be penalized for closing credit card accounts, the solution is simple -- don't close them. Other than an event where you need to sever a relationship with a co-owner of an account (ie, you break up with your significant other, dissolve a business, etc) or avoid paying an annual fee, there is no advantage to you closing a revolving credit account, ever. If you cannot control your spending, throw the card in the shredder. Eventually, the credit card company will close your account for inactivity, which affects your credit to a lesser degree. (The big exception is if you carry sufficient balances on other cards, your credit utilization ratio goes up materially.)"}
{"_id": "26710", "title": "", "text": "\"It's a business/economic term for industries/companies that \"\"race to the bottom\"\" by doing things like slashing prices and sometimes cutting corners on production or service to beat out competitors to gain a majority market share. Essentially Amazon is doing this to try to make Whole Foods people's first thought when they think of getting groceries.\""}
{"_id": "26711", "title": "", "text": "I hate restaurants that have a damn tv on every possible surface, especially ones that show sports. The only thing I hate worse is restaurants that have a tv on every possible surface AND have a radio blaring on top of that. It's like they can't imagine people actually want to talk to and be able to hear the people they went out to eat with. What's with the incessant racket and visual assault? Guess why we never go back to so many restaurants? Of course I'd rather invite people over for dinner. Nothing but some very soft light jazz playing you can barely hear, and you can actually enjoy the company. Not to mention the food at home is organic and is not drowned in fat and/or breading."}
{"_id": "26717", "title": "", "text": "Zynga could be worth $7B but to believe that, you have to assume that its revenues will continue doubling every year for another 3 years.  They already have a proliferation of brands and there is a ton of competition.  They need a way to not just get more users, but get more money per user."}
{"_id": "26718", "title": "", "text": "What exactly do you mean? Just so we're clear, no one should have to work two full-time jobs to support themselves. Part-time jobs, i'll allow a bit more flexibility, but if you're working full-time, you should have a living wage, yes."}
{"_id": "26720", "title": "", "text": "I didn't quote FDR because he was always right, I quoted him because the minimum wage was created under him and that shows his viewpoint. Specifically, that it wasn't some job training wage or wage for high schoolers which people act like it is today."}
{"_id": "26758", "title": "", "text": "I have already talked to them over the phone and they insist they   haven't charged me yet, and I will not be charged. When I informed   them I had in fact been charged they agreed it would be reversed. So I   have tried to resolve the issue and I don't have any confidence they   will reverse the charge as it has not been done yet. They are   difficult to communicate which makes the whole process more difficult. Your best next step is to call the credit card company and share this story.  I believe the likely result is that the credit card company will initiate a charge back. My question is, is this a valid reason to file a chargeback on my credit card? Yes.   If you attempted to work it out with the vendor and it is not working out, this is an appropriate time to initiate a charge back."}
{"_id": "26762", "title": "", "text": "If you are in need of a dependable financial advisor Dundee, then MMG Archbold Chartered Accountants can help you out. They have experienced advisors who provide expert guidance on business finance, plans and more. To find out more about this company and the services they have on offer, visit their website at http://mmgca.co.uk/."}
{"_id": "26789", "title": "", "text": "A couple of things you can do to structure your accounts include:"}
{"_id": "26790", "title": "", "text": "If I sell it for $50 can I write off the $50 loss. Only if you can establish that it is a normal part of your business and that you did not get $50 worth of use out of it.  That's the technical, legal argument.  As a practical matter, it's unlikely that they'll ding you for selling something after using it, as they won't know.  If they did catch you, you would be in trouble.  You can't deduct loss due to personal use.   The larger problem is that if you sell one TV for a $50 loss, they aren't going to believe that you are in the business of selling TVs.  If you sell a larger amount for a loss, then they still are unlikely to believe that you are in business.  If you sell a large amount for an overall gain, they are unlikely to notice that you took a loss on one TV.  They could only notice that if they were already auditing you, as that wouldn't be visible in your tax forms."}
{"_id": "26791", "title": "", "text": "\"In the United States if the person insures an article and then claims a loss of that article, the insurance replaces the missing/destroyed article. If later on the item is found the original is owned by the insurance company. The person who purchased the policy doesn't get to keep both.  Of course if the item was so valuable to be priceless the insurance company would be open to an exchange of items or money.  But if they suspect fraud...then it becomes a legal matter. Even when a life isn't involved it can be a source of dispute: http://www.artnet.com/magazineus/news/spencer/spencers-art-law-journal5-7-10.asp INSURED V. INSURER: WHEN STOLEN ART IS RECOVERED, WHO OWNS IT? Kenneth S. Levine  This essay is about the word \"\"subrogation,\"\" which frequently appears   in insurance policies. An insured painting is stolen and the insurance   company pays the owner\u2019s claim for the value of the painting. Many   years later, when the painting is recovered, its value is many times   what it was when the insurance claim was paid. The insurance company   takes the position that it owns the painting, while the owner says I   own the painting, less the value of the insurance proceeds received.   The resolution of this dispute depends on the meaning of the word   \"\"subrogation\"\" in the insurance policy. When life insurance is involved, the item being replace is the lost stream of income. The question of returning money and how much would be a legal issue. They would also want to know if there was fraud, and who was involved.\""}
{"_id": "26799", "title": "", "text": "There has been an abundance of articles in recent years which make it fairly clear that many participants in the Social Security system-- especially those who have started contributing recently, and going forward from that-- will experience negative rates of return. In other words, they will put in more than they will get out. Some examples of such articles: Time Magazine: But it is now official: Social Security is a lousy investment for the   average worker. People retiring today will be among the first   generation of workers to pay more in Social Security taxes than they   receive in benefits over the course of their lives, according to a new   analysis by the Associated Press. That AP piece, referenced by Time: People retiring today are part of the first generation of workers who   have paid more in Social Security taxes during their careers than they   will receive in benefits after they retire. It's a historic shift that   will only get worse for future retirees, according to an analysis by   The Associated Press. A piece which appeared in DailyFinance (includes a helpful graphic summary):  10 Myths About Social Security: Myth 4: Social Security Is a Good Deal for Today\u2019s WorkersEven if   there were no reduction in benefits or increase in taxes\u2014an   impossibility given Social Security\u2019s looming financing   shortfalls\u2014Social Security is an extremely bad investment for most   young workers. In fact, according to a study by the nonpartisan Tax   Foundation, most young workers will actually receive a negative return   on their Social Security taxes\u2014 they will get less in benefits than   they paid in taxes. Some studies indicate that a 30- year-old   two-earner couple with average income will lose as much as $173,500.   That actual loss does not even consider the opportunity cost, what   workers might have earned if they had been able to invest their taxes   in real assets that yield a positive return. In fact, a study by   financial analyst William Shipman demonstrates that, if a 25-year-old   worker were able to privately invest the money he or she currently   pays in Social Security taxes, the worker would receive retirement   benefits three to six times higher than under Social Security. Has that answered your question?"}
{"_id": "26816", "title": "", "text": "\"I bought a house when I was 22, I also had $10k in student load debt. After the down payment, I had $1,500 to my name and $82k worth of debt. All the advice pointed to \"\"pay the minimum payment and invest the rest.\"\" I discarded the advice and scrimped and put everything extra to those bills. I paid it all off by the time I was 31, and now at 34 I'm self employed, have about $110,000 saved up, a house worth $105,000, 2 cars worth a total of $8,000 and no debt. Keep in mind most of those years I was making $24-$30k a year I might have lost out on a couple years of investments, but right now there are no money worries... wouldn't you rather be like that instead of worrying if you might lose your job?\""}
{"_id": "26820", "title": "", "text": "The dividend is what represents your ownership in the CU.  The APY is a calculated figure that will help you compare apples to apples the return of the investment from many vendors and many types. (I think you CU might have had two different people writing that portion of the website, because the comparisons pages don't make that clear, and the pages don't layout the same way.)"}
{"_id": "26834", "title": "", "text": "Just got out of a wonderful seven-course dinner with two very qualified individuals: one is a former trade minister of a large ASEAN nation, and the other a retired Goldman Sachs partner. I'm not trying to name-drop here, just emphasize how these are some of the savviest investors I know. They spent the entire evening waxing on about click-and-collect and how Amazon is finally gaining a one-up on trad. retailers like Walmart who are expanding their online segments, by actually staking out some good PP&amp;E. As avid shoppers of Whole Foods and Amazon we are very excited to see where this goes."}
{"_id": "26836", "title": "", "text": "\"I have some equity research (sell-side) interviews (for 1st year analyst) positions coming up with some top-tier banks. I have recently completed the GMAT and scored and overall score of 710 (91st percentile). I have a further breakdown of my score which shows that my overall score was brought done by a 47th percentiles score in the \"\"sentence correction\"\" section, whilst the rest of my scores are &gt;90th for the other verbal sections.   1. Should I tell them my GMAT score? 2. Should I tell them the breakdown, and argue that it demonstrates that I am exceptionally strong in the sections for reading comprehension and critical reasoning, and that the sentence correction score is an anomalous result. Or would telling them this likely bring up concerns over my written communication skills?\""}
{"_id": "26837", "title": "", "text": "They're probably talking about flipping houses. The conventional wisdom when flipping is to purchase the property with a mortgage or other loan on day-0. Do the work to rehabilitate it. Get it listed for re-sale promptly (this step has varying strategies) with a profitable price but one that will make it move. Have the house sold on or before the first payment would be due. This is anywhere from 30 to 60 days. The flipper then never has to make a payment on the mortgage or loan, the costs of rehabilitating the home are recovered promptly (potentially before any loan, credit card payments, or invoices are due), and there is a profit. This also assumes that either a 100% loan or some other mechanism is used to address closing costs and fees. This model fits the premise of the infomercial in that you make money investing in real estate but never have to tie up any of your own money in the process."}
{"_id": "26846", "title": "", "text": "\"By the sounds of things, you're not asking for a single formula but how to do the analysis... And for the record you're focusing on the wrong thing. You should be focusing on how much it costs to own your car during that time period, not your total equity.  Formulas:  I'm not sure how well you understand the nuts and bolts of the finance behind your question, (you may just be a pro and really want a consolidated equation to do this in one go.) So at the risk of over-specifying, I'll err on the side of starting at the very beginning. Any financial loan analysis is built on 5 items: (1) # of periods, (2) Present Value, (3) Future Value, (4) Payments, and (5) interest rate.  These are usually referred to in spreadsheet software as NPER, PV, FV, PMT, and Rate. Each one has its own Excel/google docs function where you can calculate one as a function of the other 4. I'll use those going forward and spare you the 'real math' equations.  Layout: If I were trying to solve your problem I would start by setting up the spreadsheet  up with column A as \"\"Period\"\". I would put this label in cell A2 and then starting from cell A3 as \"\"0\"\" and going to \"\"N\"\". 5 year loans will give you the highest purchase value w lowest payments, so n=60 months... but you also said 48 months so do whatever you want.  Then I would set up two tables side-by-side with 7 columns each. (Yes, seven.) Starting in C2, label the cells/columns as: \"\"Rate\"\", \"\"Car Value\"\", \"\"Loan Balance\"\", \"\"Payment\"\", \"\"Paid to Interest\"\", \"\"Principal\"\", and \"\"Accumulated Equity\"\". Then select and copy cells C2:I2 as the next set of column headers beginning in K2. (I usually skip a column to leave space because I'm OCD like that :) ) Numbers: Now you need to set up your initial set of numbers for each table. We'll do the older car in the left hand table and the newer one on the right. Let's say your rate is 5% APR. Put that in cell C1 (not C3). Then in cell C3 type =C$1/12. Car Value $12,000 in Cell D3. Then type \"\"Down Payment\"\" in cell E1 and put 10% in cell D1. And last, in cell E3 put the formula =D3*(1-D$1). This should leave you with a value for the first month in the Rate, Car Value, and Loan Balance columns. Now select C1:E3 and paste those to the right hand table. The only thing you will need to change is the \"\"Car Value\"\" to $20,000. As a check, you should have .0042 / 12,000 / 10,800 on the left and then .0042 / 20,000 / 18,000 on the right.  Formulas again: This is where spreadsheets become amazing. If we set up the right formulas, you can copy and paste them and do this very complicated analysis very quickly.  Payment The excel formula for Payment is =PMT(Rate, NPER, PV, FV). FV is usually zero. So in cell F3, type the formula =PMT(C3, 60, E3, 0). Obviously if you're really doing a 48 month (4 year) loan then you'll need to change the 60 to 48. You should be able to copy the result from cell F3 to N3 and the formula will update itself.  For the 60 months, I'm showing the 12K car/10.8K loan has a pmt of $203.81. The 20K/18K loan has a pmt of 339.68.  Interest The easiest way to calculate the interest is as =E3*C3. That's (Outstanding Loan Balance) x (Periodic Interest Rate). Put this in cell G4, since you don't actually owe any interest at Period 0.  Principal If you pay PMT each month and X goes to interest, then the amount to principal is \"\"PMT - X\"\". So in H4 type =-F3 - G3. The 'minus' in front of F3 is because excel's PMT function returns a negative amount. If you want to, feel free to type \"\"=-PMT(...)\"\" for the formula that's actually in F3. It's your call.  I get 159 for the amount to principal in period 1.  Accumulated Equity As I mentioned in the comment, your \"\"Equity\"\" comes from your initial Loan-to-Value and the accumulated principal payments. So the formula in this cell should reflect that. There are a variety of ways to do this... the easiest is just to compare your car's expected value to your loan balance every time. In cell I3, type =(D3-E3). That's your initial equity in the car before making any payments. Copy that cell and paste it to I4. You'll see it updates to =(D4-E3) automatically. (Right now that is zero... those cells are empty, but we're getting there) The important thing is that as JB King pointed out, your equity is a function of accumulated principal AND equity, which depreciates. This approach handles those both.  Finishing up the copy-and-paste formulas I know this is long, but we're almost done.  Rate // Period 1 In cell C4 type =C3.  Payment // Period 1 In cell F4 type =F3.  Loan Balance // Period 1 In cell E4 type =E3-H4. Your loan balance at the end of period is reduced by the principal you paid. I get 10,641.  Car Value // Period 1 This will vary depending on how you want to handle depreciation. If you ignore it, you're making a major error and it's not worth doing this entire analysis...  just buy the prettiest car and move on with life. But you also don't have to get it scientifically accurate. Go to someplace like edmunds.com and look up a ballpark. I'm using 4% depreciation per year for the old (12K) car and 7% for the newer car. However, I pulled those out of my ass so figure out what's a better ballpark.  In G1 type \"\"Depreciation\"\" and then put 4% in H1. In O1 type \"\"Depreciation\"\" and then 7% in P1. Now, in cell D4, put the formula =D3 * (1-(H$1/12)).  Paste formulas to flesh out table As a check, your row 4 should read 1 / .0042 / 11,960 / 10,641 / 203.81 / 45 / 159 / 1,319. If so, you're great. Copy cells C4:I4 and paste them into K4:Q4.  These will update to be .0042 / 19,883 / 17,735 / 339.68 / 75 / 265 / 2,148.  If you've got that, then copy C4:Q4 and paste it to C5:C63. You've built a full amortization table for your two hypothetical loans. Congratulations.  Making your decision I'm not going to tell you what to decide, but I'll give you a better idea of what to look at. I would personally make the decision based on total cost to own during that time period, plus a bit of \"\"x-factor\"\" for which car I really liked.  Look at Period 24, in columns I and Q. These are your 'equities' in each car. If you built the sheet using my made-up numbers, then you get \"\"Old Car Equity\"\" as 4,276. \"\"New Car Equity\"\" is 6,046. If you're only looking at most equity, you might make a poor financial decision.  The real value you should consider is the cost to own the car (not necessarily operate it) during that time... Total Cost = (Ending Equity) - (Payment x 24) - (Upfront Cash).  For your 'old' car, that's (4,276) - (203.81 * 24) - (1,200) = -1,815.75 For the 'new' car, that's (6,046) - (339.68 * 24) - (2,000) = -4,106.07.  Is one good or bad? Up to you to decide. There are excel formulas like \"\"CUMPRINC\"\" that can consolidate some of the table mechanics, but I assumed that if you're here asking you would have gotten stuck running some of those.  Here's the spreadsheet: https://docs.google.com/spreadsheet/ccc?key=0Ah0weE0QX65vdHpCNVpwUzlfYjlTY2VrNllXOS1CWUE#gid=1\""}
{"_id": "26863", "title": "", "text": "&gt;He stole from other rich people.  That isn't true.  From the article: &gt;Shkreli was convicted of three of eight charges, including securities fraud. He was acquitted of fraud charges related to allegations that he looted Retrophin to pay off his hedge-fund investors.   Based on the charges in which he was convicted, it sounds like he misled investors about the nature, type, and risk of their investments and lied about the state of the company and Funds.  The interesting part is that it sounds like there were no actual victims from this.  He did return the investments with significant returns.  His malfeasance appears to be purely a result of *lying* and not following the law regarding disclosures even when regularly warned by the CCO of his firm."}
{"_id": "26896", "title": "", "text": "What did I miss? Seems like this suit has zero merit, even if the logos are nearly identical, which they're not as far as I can tell?  edit: Reminds me of [Lays knocking off the packaging for local Oregon produced Jaunitas](http://www.wweek.com/portland/blog-31530-frito-lays-fake-local-tortilla-chips-take-aim-at-oregons-juanitas.html) chips.  Nothing like trying to confuse your customers into buying your multinational brand instead of the local mom and pop joint.  Seriously fuck Lays."}
{"_id": "26939", "title": "", "text": "Don't start by investing in a few individual companies. This is risky. Want an example? I'm thinking of a big company, say $120 billion or so, a household name, and good consistent dividends to boot. They were doing fairly well, and were generally busy trying to convince people that they were looking to the future with new environmentally friendly technologies. Then... they went and spilled a bunch of oil into the Gulf of Mexico. Yes, it wasn't a pretty picture if BP was one of five companies in your portfolio that day. Things would look a lot better if they were one of 500 or 5000 companies, though. So. First, aim for diversification via mutual funds or ETFs. (I personally think you should probably start with the mutual funds: you avoid trading fees, for one thing. It's also easier to fit medium-sized dollar amounts into funds than into ETFs, even if you do get fee-free ETF trading. ETFs can get you better expense ratios, but the less money you have invested the less important that is.) Once you have a decent-sized portfolio - tens of thousands of dollars or so - then you can begin to consider holding stocks of individual companies. Take note of fees, including trading fees / commissions. If you buy $2000 worth of stock and pay a $20 commission you're already down 1%. If you're holding a mutual fund or ETF, look at the expense ratio. The annualized real return on the stock market is about 4%. (A real return is after adjusting for inflation.) If your fee is 1%, that's about a quarter of your earnings, which is huge. And while it's easy for a mutual fund to outperform the market by 1% from time to time, it's really really hard to do it consistently. Once you're looking at individual companies, you should do a lot of obnoxious boring stupid research and don't just buy the stock on the strength of its brand name. You'll be interested in a couple of metrics. The main one is probably the P/E ratio (price/earnings). If you take the inverse of this, you'll get the rate at which your investment is making you money (e.g. a P/E of 20 is 5%, a P/E of 10 is 10%). All else being equal, a lower P/E is a good thing: it means that you're buying the company's income really cheap. However, all else is seldom equal: if a stock is going for really cheap, it's usually because investors don't think that it's got much of a future. Earnings are not always consistent. There are a lot of other measures, like beta (correlation to the market overall: riskier volatile stocks have higher numbers), gross margins, price to unleveraged free cash flow, and stuff like that. Again, do the boring research, otherwise you're just playing games with your money."}
{"_id": "26940", "title": "", "text": "\"First, on Applebees:  &gt;Applebee\u2019s\u00a0is also assessing \u201cwhether the brand truly gets credit for hand-cutting steaks in the restaurant and whether we should continue with this approach,\u201d Cywinski said.  No, you don't get credit for doing that. Because we don't believe you. Your steaks aren't hand cut... They are frozen, vacuum packed in plastic, hand opened, and hand microwaved. Just like everything else you serve. You are a liar, you don't employ chefs or even cooks, and in place of cooks, we believe that you have an army of high school sophomores in back furiously pushing buttons on the microwaves.   And even if your food isn't microwaved, it tastes like it is. If it really, truly isn't and that taste is the result of actual cooking, you've got an even bigger problem. Cause cooked food isn't supposed to taste like that.   You suck and your restaurant sucks. You think you deserve more affluent customers? One of the whole points of becoming more affluent is not having to eat at Applebees anymore!   On IHOP: IHOP got rid of their Chorizo omelet.   For that, fuck you IHOP.   FUCK YOU UP THE FUCKING ASS FOR GETTING RID OF LITERALLY THE ONLY REASON TO EAT AT IHOP!   I went there for breakfast just today, and they completely ruined it by not letting me have the Chorizo Omelet I went there for.   You know what they replaced it with?   Guess.   Just guess...   A mother fucking **cheeseburger omelet.**  **CHEESEBURGER. OMELET.**  **IT LITERALLY COMES WITH KETCHUP, MUSTARD AND PICKLES ON A FUCKING OMELET.**  \"\"Oh good morning! Welcome to IHOP! Would like some breakfast? Some coffee and pancakes? Yes?\"\"  \"\"Would you also like if I went ahead and SQUIRTED SOME FUCKING MUSTARD ON THAT FOR YOU?!?!?! WOULD YOU LIKE SOME FUCKING PICKLES WITH YOUR COFFEE?!?!\"\"  \"\"WELCOME TO BREAKFAST IN HELL MOTHERFUCKER!  WELCOME TO IHOP!\"\"  Applebees and IHOP can both fuck off and die.   Bring back the Chorizo Omelet you fucking assholes!!!\""}
{"_id": "26967", "title": "", "text": "\"Best strategy that has worked for me is to remember first of all that you hardly ever need anything \"\"right now\"\". Try this: if you see something you want to buy, leave it for at least two weeks, better yet a month. If after that time you have hardly thought about it, then you almost certainly don't need it. But if you've thought quite a lot about owning it and how it will be beneficial, then perhaps it's worth picking up. You will probably find that a small percentage of things you'd like to buy make it through that screening period.\""}
{"_id": "26979", "title": "", "text": "You'll need to show the whole paper trail: show that the $2000 are the same $2000 (i.e.: show that you didn't get any new income that was not yet reported on your Elance balance), and show that it was in fact transfer from Elance (matching transactions on both accounts). Obviously, add a letter describing the whole process and pointing to the specific pages and lines in the statements and prior year tax returns. Follow the instructions on the notice about where to send your response, and make sure you send it certified USPS mail. Consider having a tax professional (EA/CPA licensed in your State) helping you with this. For the future - do not leave money on various private parties' accounts. It is uninsured, and if something happens to that company - you lose the money. That includes, in the US, also PayPal accounts."}
{"_id": "26994", "title": "", "text": "I'd also like to know how many, non minimum wage jobs have been scraped, and replaced with lower skilled workers paid minimum wage.  Sure the low end of the work force has more money, the middle is getting pinched, by the rising cost of goods and no increase in income."}
{"_id": "26996", "title": "", "text": "Security in the merchant services system is mainly handled in two ways: 1) Before transactions are done, the business itself must go through an application process similar (but not identical) to getting a loan.  Some high risk businesses must pay higher fees due to the increased likelihood of customer complaints. 2) When a customer disputes a transaction, that's a mark against the business.  Get too many of these disputes, and your priviledge of accepting credit cards will be revoked, meaning you won't be able to again. It's in the merchant's best interest to verify customer's identity, because disputes cost them money directly.  It's in the servicer's best interest to verify the businesses integrity, because fraud drives up the cost for everyone else. As a whole, it's quite a reactionary system, yet in practice it works remarkably well."}
{"_id": "27015", "title": "", "text": "If you feel comfortable taking an 8% gain on your stocks, then yes, you should sell. It is generally a good idea to know when you want to sell (either a price or %) before you ever actually buy the stocks. That helps from getting emotional and making poor decisions."}
{"_id": "27016", "title": "", "text": "You don't have an inherent right to spout hatred wherever you want, free of any consequences. You can, just like everyone else, apply for a permit and protest in a public square. But your rights aren't being infringed upon when private entities decide that your politics and rhetoric are distasteful and incompatible with them. Not all ideas are created equal, and white supremacy is incompatible with a civilized society. By all means, feel free to march down the street carrying racist signs and screaming about (((globalism))) and the deep state, but don't get pissy when polite society decides they want nothing to do with you.    Internet companies have been policing free speech since the Internet was invented btw. Google and Facebook work closely with oppressive regimes all around the world, most notably China. I find it interesting that most people on reddit didn't care about that until they started drawing lines on hate speech in the USA and Europe."}
{"_id": "27030", "title": "", "text": "At your age, the only place you are going to get a loan is from relatives. If you can't... Go to next year's conference. Missing it this year might feel like a disaster, but it really, really isn't."}
{"_id": "27037", "title": "", "text": "Series I Savings Bonds would be another option that have part of their return indexed to inflation though currently they are yielding 1.64% through April 30, 2016 though some may question how well is that 3% you quote as an inflation rate. From the first link: Series I savings bonds are a low-risk savings product. While you own   them they earn interest and protect you from inflation. You may   purchase electronic I bonds via TreasuryDirect or paper I bonds with   your IRS tax refund. As a TreasuryDirect account holder, you can   purchase, manage, and redeem I bonds directly from your web browser. TIPS vs I Bonds if you want to compare these products that are rather safe in terms of avoiding a nominal loss. This would be where a portion of the funds could go, not all of them at once."}
{"_id": "27059", "title": "", "text": "I used to think that too.  Two electric cars for 3 years now and I've only used public charging &lt;5 times.  It could make sense when everyone has them so you can get scale, but at that point you'll just charge faster (they are already talking about halving the speed to 80%)"}
{"_id": "27067", "title": "", "text": "My company has a dashboard that basically does this. We select industries / companies we want to be notified of and we get an email in outlook when a new analyst note, research report, or SEC filing is posted on that industry or company."}
{"_id": "27073", "title": "", "text": "If you are putting down less than 20% expect to need to pay PMI.  When you first applied they should have described you a group of options ranging from minimal to 20% down. The monthly amounts would have varied based on PMI, down payment, and interest rate. The maximum monthly payment for principal, interest, taxes, and insurance will determine the maximum loan you can get. The down payment determines the price of the house above the mortgage amount.  During the most recent real estate bubble, lenders created exotic mortgage options to cover buyers who didn't have cash for a down-payment; or not enough income for the principal and interest, or ways to sidestep PMI. Many of these options have disappeared or are harder to get. You need to go back to the bank and get more information on your different options, or find a lender broker who will help you."}
{"_id": "27081", "title": "", "text": "Different risks require different hedges.  You won't find a single hedge that will protect you against any risk.  The best way to think about this is who would benefit if those events occurred?  Those are the people you want to invest in.  So if a war broke out, who would benefit?  Defense contractors.  Security companies.  You get the idea. You also need to think about if you really need to hedge against those things now or not.  For example, I wouldn't bother to hedge against global warming or peak oil.  It's not like one morning you're going to wake up, turn on CNNfn and see that the stock market is down 500 points because global warming or peak oil just hit.  These are things that happen gradually and you can react to them gradually as they happen."}
{"_id": "27105", "title": "", "text": "\"Using your Uber vs. Medallion taxi driver as an example...  The problem in the sharing economy is an individual -- working as an independent contractor -- takes on all the risk and reaps diminishing rewards while the profit of the company to which the individual is contracted increases significantly.   Case in point with Uber: Let's say you decide you want to drive for UberX. You lease a Prius, and thus are on the hook financially for $350/month + $100/month insurance + $300/month gas and other car expenses, and you'll have that for three years. That's a $750 nut.   Your nut remains the same, but you have very little protection to ensure that your earnings are going to continue to come in, especially if you look at it long term. I am most familiar with the ridesharing market here in Seattle, and just in the last two years the number of ridesharing drivers (Uberx, Lyft, Sidecar) has exceeded an estimated 3,000. Sure, the customer base grows, but there is also a continuing influx of additional drivers competing for those \"\"fares.\"\" With the medallion system, there is some level of protection to ensure that the industry remains viable for those who carry a medallion (I am not advocating completely for this system and realize that the complacency the government protection gave to the taxi industry led to customer service/quality issues.)   So back to Uber...As Uber fights for market share, both capturing from the taxi industry but also competing against Lyft and people driving their own cars, they lower prices. In some cases these lower prices have been in the form of discounts, in some cases, lower fares. In Seattle, currently, the minimum fare for an UberX ride is $4. It was $6 a year ago. Uber takes a 20 percent cut from drivers, and also charges drivers $10 a week to use their service. If a driver makes $1000 a week in fares, they pull down $800 of that, after taxes, let's call it $600, so over the course of a month, you're looking at $2400, minus your nut (including phone rental) let's call it $1600 take home pay.   These people aren't getting rich to begin with, and are at a huge risk for when Uber or Lyft or Task Rabbit or whoever decides to cut their prices again. These services are beyond great for the consumer, but are a temporary stopgap for anyone relying on them for work. The big problem here is that companies like Uber are advertising HEAVILY that you can make $30/hour on their service, enticing people to make investments in things like cars to drive with them, but at the end of the day, you're an independent contractor and Uber owes you nothing.   I believe Uber (I single them out because I think Lyft is a little better at this) preys on the ignorance of potential drivers to lure them into the system.\""}
{"_id": "27106", "title": "", "text": "\"To claim medical expenses on your taxes they need to exceed 7.5% of your AGI, and then only the amount over 7.5% is deductible.  That's not much.  There is no \"\"floor\"\" if you use an FSA as it's all pre-tax. If you're concerned about use or lose, then allot less next year.  It's all what you're comfortable with.\""}
{"_id": "27154", "title": "", "text": "Basically the right idea is: 1) invest in something you understand 2) be creative 3) use your own idea, don't copy what other people are doing Your current plan seems pretty creative and you seem to understand it, so it fits the requirements."}
{"_id": "27165", "title": "", "text": "&gt; what an awfully-written, rambling article.   Why is this always the top voted kind of comment whenever a blog post is submitted on Reddit?  The entire point of blogging was to get viewpoints outside of professional journalism.  When that happens, when non-pro-writers write with no pro-editor, then (surprise) you get at-best a second draft.   If you want to only read polished, editor-reviewed works, then stick to the mainstream media.  Furthermore, your counter-point about trying to get the best contract doesn't really contradict what the blogger was writing about: being sold a false dream.  Reddit loves negative and dismissive comments though so enjoy your karma."}
{"_id": "27196", "title": "", "text": "You can find all the essential amino acids in the plant kingdom. The only thing that isn't found in the plant kingdom is B12, which is a bacteria found in good quality dirt. So unless you eat high quality free range meat or kill your own meat you won't be getting any B12."}
{"_id": "27201", "title": "", "text": "If financial modelling, projections and market research were effective enough that they could predict with certainty what the price would do tomorrow, then everyone would use those techniques, buy now and make relatively risk-free profit tomorrow though, right? The point of an efficient market is that the price at any particular point in time incorporates all of the information available to the market at that moment. Given that, the price should be just as likely to go up tomorrow as go down.   Whether it's reasonable to assume that the market is efficient is another question - at the very least though, I think it's reasonable to assume that people armchair investing at home don't have access to information that professional investors don't."}
{"_id": "27227", "title": "", "text": "\"&gt;There's also very little evidence that the Republican health care plan will work in the real world as described, and in fact not very much evidence that Republicans care. Their overwhelming goal, as far as anyone can tell, is to pass something that they can call \"\"repealing and replacing\"\" Obamacare; the goal of a smoothly-functioning health care system just doesn't seem to matter very much to them.  =:-(\""}
{"_id": "27236", "title": "", "text": "\"With the second example, if you continue to read on you will see that although directors must try and maximise shareholders wealth. That precedence doesn't change however the interpretation of the actions and whether they maximise shareholders wealth does. For example giving money to charity with regards to the Doge v. Ford case would probably have been blocked on the grounds that it decreases shareholder wealth, but later cases such as A. P. Smith Manufacturing Co. v. Barlow say that donations can increase shareholders wealth in the long run. So it gives a broader coverage of the actions deemed to increase shareholder wealth.  The second is related to short term vs long term wealth but part of the reason for it was due to the inability of Paramount to prove that the value increase for shareholders in the long run from selling to Viacom rather than QVC would be larger than the difference between the two offers, which was 1.3 billion. Then there is also the issue of shareholders rights and the companys ability to block shareholders from selling to whomever they want. So as I said it's related, but the issue isn't solely and simply about short term vs long term wealth.  Both examples are kind of weak as in the first, well the issue doesn't really exist in the present day as previous case law has broadened the definition of actions which increase shareholder wealth, and in the second, short term vs long term value is related, but mostly tagging along with a larger issue. Your original statement was \"\"in matters of cost vs. quality I'd expect publicly traded companies to prioritize short-term shareholder profit (or be sued by said shareholders.)\"\"  Are there any examples where shareholders have sued simply because they wanted better short term performance over long term performance?\""}
{"_id": "27268", "title": "", "text": "First of all, realize that buying a home isn't really an investment.  It is cheaper to rent.  In recent years, people were able to sell their houses for astronomical profits, but that won't be happening much in the future.  Additionally, there are many hidden costs of owning a home. Regarding the mortgage interest tax deduction, don't buy a house just to get this.  It is like spending $1 to get back some amount of money less than $1.  So just keep that in mind. Are you debt free?  If not, pay off your other debts before buying a home.  I follow the advice of Dave Ramsey, so I'll echo it here.  Make sure you have an emergency fund and no debt. At this point I think you are ready to buy a house.  When you do, put down as much as you can; above 20% if possible.  Then get a 15 year fixed rate mortgage. At this point, start saving for your kid's college (if you believe in that) and paying down your home. Having no mortgage is a dream many people never have.  I cannot wait until I have no mortgage.  Don't get suckered into getting a high priced loan.  Pay down as much of the price of the house as possible up front.  This gives you flexibility too.  What if you need to sell quickly?  Well, you will have equity from the get-go, so this will be much easier. Good luck with your purchase!"}
{"_id": "27273", "title": "", "text": "This guy has no idea what he's talking about. Depaul is a great place with a ton of talent. I got multiple internships at big time companies such as Deloitte because of the depaul name and how reliable our students are. The city's businesses want to hire you."}
{"_id": "27274", "title": "", "text": "Your line of reasoning is why you should have a timeline on a prediction.  It's been, what, 12 years now of near constant assertions that huge inflation is just right around the corner.  How long should we wait for it?  How many people's jobs, skills, health and education should we sacrifice right now to keep the inflation, which there is absolutely no sign of whatsoever, at bay?  Keep in mind that idling all this productivity assures more poverty, and more deflationary pressures as people can't pay their bills, take out debts, buy homes, or go to college, let alone make a better place for their kids to grow up in."}
{"_id": "27283", "title": "", "text": "I'm in the US and I once transferred shares in a brokerage account from Schwab to Fidelity.  I received the shares from my employer as RSUs and the employer used Schwab.   After I quit and the shares vested, I wanted to move the shares to Fidelity because that is where all my other accounts are.  I called Fidelity and they were more than happy to help, and it was an easy process.  I believe Schwab charged about $50 for the transfer. The only tricky part is that you need to transfer the cost basis of the shares.  I was on a three-way phone call with Schwab and Fidelity for Schwab to tell Fidelity what the purchase price was."}
{"_id": "27288", "title": "", "text": "This just goes to show you have no understanding of the subject. Rich people do not have 'trillions of dollars' sitting around in bank accounts. Most of their wealth is owning assets like means of production (factories) or real estate."}
{"_id": "27303", "title": "", "text": "Options - yes we can :) Options tickers on Yahoo! Finance will be displayed as per new options   symbology announced by OCC. The basic parts of new option symbol are: Root symbol + Expiration   Year(yy)+ Expiration Month(mm)+ Expiration Day(dd) + Call/Put   Indicator (C or P) + Strike price Ex.: AAPL January 19 2013, Put 615 would be AAPL130119P00615000 http://finance.yahoo.com/q?s=AAPL130119P00615000&ql=1 Futures - yes as well (: Ex.: 6A.M12.E would be 6AM12.CME using Yahoo Finance symbology. (simple as that, try it out) Get your major futures symbols from here: http://quotes.ino.com/exchanges/exchange.html?e=CME"}
{"_id": "27309", "title": "", "text": "\"After we fired a whole slew of higher paid employees with good benefits we waited. Then we re-hired a whole bunch more again at lower pay and bad benefits.   See! We made 800 jobs by \"\"restructuring\"\" and that's big news!  Seriously though, they've done this a few times over in Michigan already. Not sure why it's news now.\""}
{"_id": "27316", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/metacanada] [\\/r\\/business not supportive of Roots going public](https://np.reddit.com/r/metacanada/comments/709pd4/rbusiness_not_supportive_of_roots_going_public/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "27341", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.pbs.org/newshour/making-sense/demand-nursing-isnt-going-away-will-men-join-ranks/) reduced by 95%. (I'm a bot) ***** &gt; While the percentage of men in registered nursing has risen over the decades - a mere 3 percent were nurses in 1970, for instance - the numbers are still surprisingly low for a field that has seen immense growth.  &gt; There were more than 9,000 registered nurse vacancies in the Sunshine State in 2015, according to the Florida Center for Nursing.  &gt; Better pay could encourage more men to enter the health care field, Stevenson said, noting that in Cuba, a number of the jobs we think of as &amp;quot;Women&amp;#039;s work&amp;quot; in the U.S. - like hotel maids - were done by men because tourism jobs pay well.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6f52sm/the_demand_for_nursing_isnt_going_away_will_more/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135895 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **nurse**^#1 **job**^#2 **nursing**^#3 **men**^#4 **health**^#5\""}
{"_id": "27346", "title": "", "text": "&gt;Stay in Portland, racist filth.   Standard right-wing MO, accuse your opponents of what you are most guilty of yourself.  You were complaining about people being illegal immigrants. I gave a simple solution, make them legal. The only reason you should have a problem with that solution is if your original complaint about illegalness isn't your real reason."}
{"_id": "27383", "title": "", "text": "It is for the pain of being poor and useless. ;)  But seriously, the United States is not going to have a plan for what to do when many jobs can be done by AI. I guess the only plan is to provide plenty of opiods so discarded people can bow out gracefully."}
{"_id": "27386", "title": "", "text": "&gt; but the term means more than just any genetically modified organism  Except that's what it literally means.  While it doesn't typically include things that are specifically bred, it's as if folks are afraid of DNA in general.  There's no reputable research that in any way indicates that GMO materials pose any health threat to us."}
{"_id": "27396", "title": "", "text": "We have a professional florist team that always searches the lost stylish design flower bouquets and our great flower shop is committed to designing the beautiful, quality arrangements and offering customer services to the clients. Here, you can select your favorite flower gift and you can veryday purchase fresh flower from the Rustic Posy great florist in Australia. Your first choice usually will be a brick and mortar florist. But, the ease and convenience of online wedding flowers delivery are unbeatable. Are you wondering why you should buy flowers online? Here are a few benefits that will convince you to switch to online. There are several occasional events to buy online flower gift. We have  unique collection of the fresh wedding flowers  of every types."}
{"_id": "27401", "title": "", "text": "\"With stocks, you can buy or sell. If you sell first, that's called 'shorting.' As in \"\"I think linkedin is too high, I'm going to short it.\"\" With options, the terminology is different, the normal process is to buy to open/sell to close, but if you were shorting the option itself, you would first sell to open, i.e you are selling a position to start it, effectively selling it short. Eventually, you may close it out, by buying to close.  Options trading is not for the amateur. If you plan to trade, study first and be very cautious.\""}
{"_id": "27416", "title": "", "text": "\"For the first and last questions, I can do this multiple ways.  For the middle question, I'll just make up values.  If you want different ones, you will have to redo the math.   I am going to assume that you participate in the merger exchange, swapping your share for their offer.   If you own one share, it depends how they handle fractional shares.  Your original one share of ABC can be worth either one share of XYZ or 1.05 shares of XYZ.  If you get one share, you typically get an additional $.80 cash to make up for the fractional share.   You might ask why you don't just get $20 cash and one share of XYZ.  Consider the case where you own twenty shares of ABC.  Then you'd own twenty-one shares of XYZ and $384.  No need for fractional shares.   Beyond all this though, the share value of XYZ is not set autocratically.  The shares might be worth $16, $40, or $2 after the merger.  If both stocks are perfectly valued and the market is aware of that value, then it will depend partially on the number of shares of each.   For example, if we assume there are 10,000 shares of ABC and 50,000 shares of XYZ (including the shares paid for ABC), then their initial market values are $320,000 for ABC and $800,000 for XYZ.  XYZ is paying $360,000, so its value drops to $440,000.  But it is gaining ABC, which is worth $320,000.  Net value now is $760,000 or $15.20 per share.   This has assumed that the shares transferred from XYZ to the shareholders of ABC were already included in the market value.  This may mean that the stock price was previously $20 or so with almost 40,000 shares in circulation.  Then they issued new shares, diluting the value down to $16.  We could start at 50,000 shares at $16 and end up with 60,000 to 60,050 shares at $13.332 to $13.333 per share.  Then XYZ is really only paying $326,658.31 for ABC.  That's a premium of only $6,658.31 for ABC and gives a final stock value of $13.222 per share.   The problem though is that in reality, there is no equivalent of perfect value.  So I say again that the market value might be $15.20 (the theoretic answer that best fits the question given the example quantities of shares), $13, $20, or something else.  It will depend on how the market perceives the deal.  Is the combined company worth more or less than the sum of its parts?   And beyond this, you will have $19.20 to $20 in cash in addition to your XYZ share (or 1.05 shares).  Assuming 1.05 shares, that would be $15.96 plus the $19.20--that's $35.16 total in theory or anything from $19.20 up in practice.  With the givens, the only thing of which you can be sure is the $19.20 cash.  The value of the stock is up in the air.   If XYZ is only privately traded, this is still true.  The stock is worth the price that someone will pay for it.  The \"\"someone\"\" is just more limited with privately traded stocks.\""}
{"_id": "27425", "title": "", "text": "A Mortgage Backed Security or MBS is the security.  It's not an entity, it's essentially a contract.  As an investment they function more or less the same way a bond does. There is nothing wrong with the concept behind a Mortgage Backed Security.  Functionally securities like these allows banks and other institutions to lend to high-risk borrowers.  You package small slices of a wide range of risk from a large number of mortgages and the investor sill receive something similar to the average of the rates being charged.  Essentially from a big pool of mortgages of varying risk you will create a different big pool of bonds that can be sold to investors based on some sort of expected return.  For a frame of reference on a much smaller scale look at peer to peer lending sites like LendingClub and Prosper.  The idea is lots of people of varying risk profiles make requests for loans of varying amounts.  You bring your $2,500 and invest $25 in to 100 different loans.  This way even if a few default you will still eek out a profit.  It also allows you to include riskier borrowers without materially impacting your expected return."}
{"_id": "27428", "title": "", "text": "If you are too overwhelmed by all the work, don\u2019t worry, you can always call a close friend or family to save you from the situation and get you some help. And if you don\u2019t want that, then there are cleaning services that can help by lending you a hand."}
{"_id": "27429", "title": "", "text": "\"Because the USA is the world's biggest economy - everybody in the world works with the USA (even if the american companies are not direct suppliers, they are surely somewhere in the supply chain). If USA credit rating is lower, that means american companies will find it harder to get loans to finance their business (i.e. the price of capital will be higher), and this will consequently lead to higher prices for partners of american companies, etc. This will certainly lead to slowdown of global economy. Plus, the lower credit rating also means that the USA govt. is less likely to pay off the debts (Chinese already stated they will diversify their bonds portfolio -i.e. they will start selling out american govt. bonds). This will lead to cuts in public sector in USA, less spending by the consumers, also probably less import from abroad and less travel which will affect - you get it - the \"\"RoW\"\". It's not by chance we have a saying in Europe, when USA sneezes, the rest of the world catches a flu!\""}
{"_id": "27433", "title": "", "text": "At its best, a HOA provides the same benefits as a condo association -- shared investment in the shared neighborhood resources/environment.  At its worst, a HOA has the same problems as a condo association, potentially creating unreasonable constraints on what you can or can't do with your own property because your decisions might affect the value of someone else's property or demanding shared investment in something you don't consider worthwhile. Basically, if an HOA is active in your neighborhood, (A) make sure you know its history and biases before you buy, and (B) make sure you're active in it, or you may be unpleasantly surprised by its decisions."}
{"_id": "27444", "title": "", "text": "\"&gt; ...if he lowers the prices of drugs, you will be against him.  You are right.  Now, if he makes progress on a good chunk of [the categories of issues I listed](https://www.reddit.com/r/economy/comments/6sb4qh/for_the_last_time_trump_hasnt_made_the_economy/dlm47rx/), my tune would change.  &gt; Even after what Trump just said, \"\"time to LOWER RIPOFF DRUG PRICES!\"\"...you still think that Trump does not want lower drug prices.  Of course President Trump wants lower drug prices.  He just wants someone else to make it happen and he is unwilling to sacrifice corporate profits to do it.\""}
{"_id": "27445", "title": "", "text": "But Made in China has hastened the decline of U.S. manufacturing. Factory jobs have shrunk in number by 25 percent the past decade to 11.5 million today,   Incorrect. Manufacturing shrinks on it's own thanks to engineering advancements. [Also, China's impact on our economy is greatly exaggerated](http://www.fool.com/investing/general/2011/10/25/3-misconceptions-that-need-to-die.aspx)"}
{"_id": "27466", "title": "", "text": "I don't really understand the paper. To me, the top 1% do not make their income from salary, but rather from equity or various other asset-based income.   Mixing both in the paper to assume that if you don't make $100k/y on salary by 25 you're a loser (sorry, part of the 99%) is dishonest."}
{"_id": "27484", "title": "", "text": "\"Two things you should consider about paying off student loans ahead of the 10 year amortization schedule: What interest rate are you paying on your loans? What are you earning on your investments in a balanced mutual fund? When you pay off your student loans you are essentially guaranteed a return of the interest rate on your loan (future interest you would have had to pay). However if you are investing well and getting a good return on your investments you will get a greater return. Ex. Half of my student loans are at 6.8%, thr other half are at 2.5%. I make the minimum payments on the loans at 2.5% and invest my money in tax sheltered retirement accounts. The return on these funds has been 8% and that is on per-tax dollars so really closer to 11%. Now there is also downside risk when you invest in the market, but 2.5% guaranteed I will forgoe for 11% in low risk return. However my loans at 6.8% I repay in excess of the minimums because 6.8% guaranteed return is pretty good! So this decision is based on your confidence in your investments and your own risk tolerance. Once you pay your bank on your student loans that money is gone, out of your control. If you need it in the future you may need to pay higher interest on an unsecured loan, or you may not be able to borrow it. When you want to make large purchases (a car, house) that money you per-paid on your loans isn't available to you as a down payment. Banks should want you to have some of your own \"\"skin in the game\"\" on these purchases and the lending standards keep getting tougher. You are better off if you have money saved in your name rather than against the balance on your loan. Yes you can't bankrupt these loans, but the money you repay on them doesn't go toward housing you or paying your bills on a rainy day. I went through the same feeling when I completed my MBA with $50k in debt, you want to pay it off as soon as possible. But you need to step away and realize that it was an investment in your future and your future is long, you need time to make a financial foundation for it. And you will feel a lot more empowered when you have money saved and you can make the decision for how you want to deploy it to work for you. (Ex. I could pay down my student loans with the balance I have in the bank, but I am going to use it to invest in myself and open my own business).\""}
{"_id": "27489", "title": "", "text": "I wondered about this problem too, so I looked into the maths and made this app :- http://demonstrations.wolfram.com/BuyOrRentInvestmentReturnCalculator/ (It uses the free Wolfram computable-document format (CDF) Player.) If you try it out you can see what conditions favour renting vs buying.  My own conclusion was to aim to buy a property outright upon reaching retirement age, if not sooner. Example This example compares buying a \u00a3400,000 house with renting for \u00a31,000 a month while depositing equivalent amounts (in savings) to total the same monthly outgoings as the buyer.  Mortgage rate, deposit rate, property appreciation and rent inflation can be variously specified.  The example mortgage term is 20 years.  As you can see the buyer and renter come out about even after the mortgage term, but the buyer comes off better after that, (having no more mortgage to pay).  Of course, the rent to live in a \u00a3400,000 house would probably be more than \u00a31,000 but this case shows an equivalence point."}
{"_id": "27493", "title": "", "text": "To be honest, if the world goes tits up, then bitcoin would be my first safe haven. No hassle getting it out the country, no heavy industry of war to maintain, no chance of governmental instability affecting my holdings.  Imagine being a Syrian right now. Would you not have been off far better if your life's savings were in bitcoin, and you didn't need to worry about your money when you wanted to seek refuge in Europe? Imagine being Ukranian, living in the Crimea and *not* being a Russian. That military support behind the Euro means absolutely nothing to you then.  bitcoin is enforced by the people using it. We all have skin in the game, and we all want to safeguard your holdings. Therefor, it is in our best interest to keep the protocol running. It is this very aspect of cryptocurrency that liberates us from third parties having to 'enforce' the value of the currency."}
{"_id": "27495", "title": "", "text": "There are a couple reasons for having a Traditional or Roth IRA in addition to a 401(k) program in general, starting with the Traditional IRA: With regards to the Roth IRA: Also, both the Traditional and Roth IRA allow you to make a $10,000 withdraw as a first time home buyer for the purposes of buying a home. This is much more difficult with the 401(k) and generally you end up having to take a loan against the 401(k) instead. So even if you can't take advantage of the tax deductions from contributions to a Traditional IRA, there are still good reasons to have one around. Unless you plan on staying with the same company for your entire career (and even if you do, they may have other plans) the Traditional IRA tends to be a much better place to park the funds from the 401(k) than just rolling them over to a new employer.  Also, don't forget that just because you can't take deductions for the income doesn't mean that you might not need the income that savings now will bring you in retirement. If you use a retirement savings calculator is it saying that you need to be saving more than your current monthly 401(k) contributions? Then odds are pretty good that you also need to be adding additional savings and an IRA is a good location to put those assets because of the other benefits that they confer. Also, some people don't have the fiscal discipline to not use the money when it isn't hard to get to (i.e. regular savings or investment account) and as such it also helps to ensure you aren't going to go and spend the money unless you really need it."}
{"_id": "27521", "title": "", "text": "\"Is this sarcasm?   But remove the word \"\"all\"\" and \"\"only\"\" and there's some truth to your statement.   Also worth noting - I heard on the a16z podcast that when Henry Ford introduced the assembly line, he doubled the wages of his workers. This is often attributed to him being a super nice guy, or something like that, but apparently he was responding to very high attrition rates. His workers were less happy being slotted into specific tasks so he had to pay them more. Anyway, I think it should be acknowledged that technological advances can increase both financial and psychological inequality.\""}
{"_id": "27524", "title": "", "text": "It is much more complicated than WW3 = Economic stimulus! If you check again, right after WW2 the U.S. fell back into a recession.  The U.S. come out ahead for the reasons of Europe being in shambles, Roosevelt ensuring the US dollar would become world reserve currency. The world saw a massive gain in productivity because so much infrastructure *NEEDED* to be built new and rebuilt from destroyed old, factories had been geared up to produce maximum amount of goods from the way, and with a huge chunk of working age population lost left many positions open for work.  Of course my two paragraph overview can't ever do justice to the ramifications to the world economy."}
{"_id": "27565", "title": "", "text": "Inspect the vehicle \u2013 This is critical to avoid a potential future headaches. A thorough inspection of each and every part of the RV, as well as the vehicle\u2019s roadworthiness, is extremely vital. Components like propane, electrical, tires, and driving systems should all be in tip-top condition."}
{"_id": "27608", "title": "", "text": "\"It's not \"\"the market\"\" deciding anything if you're forcing a business to pay someone an arbitrary amount that you declare to be a \"\"living wage\"\".  Why do you believe that you get to interfere in a mutual agreement between two people? One guy goes to another and says \"\"hey wanna do this job for me for X dollars\"\" and the other guy says \"\"ok cool sounds good\"\" and here you are jumping in and saying \"\"nope, can't allow that, I have to stop you\"\"\""}
{"_id": "27618", "title": "", "text": "381agroup offers you quality, precision and ease of use. Look for what you're looking for, whether it's an arm or wrist meter, we have what you need. From 381agroup we encourage people to lead a healthy life. That's why we create devices that provide vital information about what really goes on inside the body. Our goal is to offer a wide range of Medical equipment that fit any health condition and serve both professionals and people for use in the home. 381agroup has a variety of blood pressure monitors so you can measure your blood pressure daily, and in just seconds and in the comfort of your home."}
{"_id": "27619", "title": "", "text": "&gt; This is without a doubt the craziest and most despicable moment in American History.  Whoa there, calm down.   Not to diminish the reality of what's happening here but this is essentially an argument over paperwork and a little bit of money. A couple hundred years ago my great great great (x?) grandparents were abducted and dragged across the ocean at a poor survival rate to work for free and were summarily brutalized as property and forcibly impregnated, raped, and 'bred' like livestock.  If you're giving me a choice between 'President too close to his business' and 'kidnap and displace a million people to use them for labour and breeding stock', I'm not sure how that's even a choice."}
{"_id": "27621", "title": "", "text": "&gt; This isn't terrible practice. If it was, it wouldn't have been adopted by other firms.  Correction: this isn't a terrible practice for the CEO and the members of the board.  &gt; ...there isn't really much secrecy about what happens in the CEO office.  Have you worked in a mid to large sized company close to the CEO?  Almost all business dealings is kept private.  &gt; They have to make important decisions based on reports from many areas and many managers.  As does every other manager and vice-president.  &gt; The ability to make the right ones isn't an easy task.  Question for you /u/Almost_Feeding: what percentage of a mid-to-large company's success do you think is due to the CEO and his/her decisions?"}
{"_id": "27625", "title": "", "text": "This is assuming your student loans are Federal Stafford Loans Don't pay off your student loans as soon as possible. They're very low interest and paying them monthly will help your credit. What you will want to do is as soon as the grace period expires, call up whoever is handling your account and ask them to reduce the monthly since you're not making much. Then just pay the minimum amount, pay your living expenses, bank some of it, and if you have a month where you came out ahead consider putting the difference towards the student loan. Can also drop any tax return you get into the student loan debt. The whole pay off your student loans fast is important. When you have the extra put it towards it, but the extra. Its also much, much more important if you made the mistake of taking out Private Loans or have 50k, 80k, 120k in student loan debt. Since you only have a ~14k I'm going with it being a Stafford Loan. Reduce the monthly, pay on time, live within/below your means... and you'll be just fine."}
{"_id": "27634", "title": "", "text": "Their argument is that if prices start dropping, people won't buy stuff because they think the prices will keep going down? Aside from the fact that if prices go down, the cost to produce things also goes down, this is patently untrue. Look at gas. When prices are down, do people drive less because they think prices will keep going down?"}
{"_id": "27641", "title": "", "text": "Realistically, it is CDs with longer terms or are callable.  You pretty much have to accept more risk if you want higher returns. If you are willing to accept that risk by losing the FDIC protections the next level up is probably high rated Government bonds."}
{"_id": "27670", "title": "", "text": "Does that justify the purpose? That is for individual Banks to decide. No bank would pay for daily expenditure if you are saying primary salary you are spending on eduction. So your declaration is right. You are looking at funding your eduction via loan and you are earning enough for living and paying of the loan. I noticed that a lot of lenders do not lend to applicants whose purpose is to finance the tuition for post-secondary education This could be because the lenders have seen larger percentage defaults when people opt for such loans. It could be due to mix of factors like the the drag this would cause to an individual who may not benefit enough in terms of higher salary to repay the loan, or moves out of country getting a better job. If it is education loan, have you looked at getting scholarships or student loans."}
{"_id": "27671", "title": "", "text": "\"For an RRSP, you do not have to pay taxes on money or investments until you withdraw the money. If you do not reinvest the dividends but instead, take them out as cash, that would be withdrawing the money. For mutual funds, you would normally reinvest the dividends if holding the investment inside an RRSP. For stocks, I believe the dividends would end up sitting in the cash part of your RRSP account (and you'd probably use the money to buy more stocks, though would not be required to do so). Either way, you do not pay tax on this investment income unless you withdraw it from your RRSP. For example, you invest $10,000 inside your RRSP. You get the tax benefit from doing so. You get dividends of $1,000 (hey, it was a good year), and use these to buy more stock. As the money never left your RRSP account, you are considered to have invested only your initial $10,000. If instead, you withdraw the $1,000 in dividends, you are taxed on $1000 income. TFSA are slightly more complicated. You don't get a tax benefit from your initial contribution, but then do not pay tax when you withdraw from the TFSA. Your investment income is still tax-free, and you are (generally) much more limited in how much you can contribute. For example, you invest $10,000 inside your TFSA. You get dividends of $1,000, and use these to buy more stock. Your total contributions to your TFSA remains at $10,000 as the money never left your account. You could instead withdraw the $1000 from your TFSA and would not pay tax on it. In the next calendar year (or later) after the withdrawal, you could \"\"repay\"\" the $1000 you took out without suffering an overcontribution penalty. This makes TFSA an excellent place to park emergency funds, as you can withdraw and subsequently replace the investment while continuing to get the tax benefits on your investment income. RRSPs are better for retirement or for the home buyers plan. In general, you should not be withdrawing money from either your TFSA or RRSP, except in emergencies, when retiring, or when purchasing a home. I prefer indexed mutual funds or money market accounts for both my RRSP and TFSA rather than individual stocks, but that's up to you.\""}
{"_id": "27675", "title": "", "text": "Get a wide range of services for cylinder heads by reaching out to a competent company. From reconditioned cylinder heads to crack testing, chemical cleaning, grinding, manifold repairs, injector tube fitting, wet blasting and valve guide repairs you will get all these services at such companies."}
{"_id": "27680", "title": "", "text": "\"I think a mention of the age-old adage \"\"correlation does not mean causation\"\" is in order here.   Keep in mind another possible explanation is when the issue is brought to light people are suddenly given a reason to call in, instead of shrugging it off as a temporary issue.\""}
{"_id": "27681", "title": "", "text": "You have 2 out of 3 (income and good credit). That is usually a pass where I work. The job longevity may factor in if they are strict.   As for pay stubs, can you get a letter from your employer stating your start date and annual pay? Offer letters work just as well."}
{"_id": "27687", "title": "", "text": "\"A pyramid scheme is a form of fraud.  If someone came up to you and said:  \"\"If you give me $100 then get two of your friends to give you $100 each, you'll make $100.\"\" it would not be fraudulent but it also wouldn't be very successful.  If that same person said \"\"I have a great investment that will return 100% but I need you to help by getting your friends to chip in.\"\" they might be more successful but, given there's no actual investment, they would be lying.   Multi-level marketing is notionally selling products through a pyramid-type arrangement.  It is not hard to see that 1) if the product is good, this is typically a silly way to do business and 2) one could use such an arrangement as a thinly disguised ponzi scheme.  Hence, MLMs, while usually legal (unless the \"\"product\"\" is clearly misrepresented), are often a vehicle for bad actors to part fools from their money.\""}
{"_id": "27693", "title": "", "text": "I'd pay cash.  Car loans are amortized, so sometimes you can get upside-down on the loan between 18-30 months because you are pre-paying interest. This can get you into trouble if you get into an accident. Given the low rate and the type of car you're buying, you're probably fine either way."}
{"_id": "27694", "title": "", "text": "And no thanks to Trump.  That's 2016 Census data.  &gt; This doesn\u2019t mean poverty is anywhere near disappearing in America: There were still 40.6 million people in poverty last year, and the poverty rate was 12.7 percent, down from 13.5 percent in 2015."}
{"_id": "27700", "title": "", "text": "Are you looking for a company that can help you get more website visitors? If yes, then get in touch with White Digital (NE) Ltd! This company offers search engine optimisation services that can help business websites attract potential customers. Such services include keyword and competitor research, full website SEO health check, Google set-up and directory citations, and so much more! Visit White Digital (NE) Ltd\u2019s website, https://white.digital, for more information on web design and development services."}
{"_id": "27711", "title": "", "text": "The banks use any loss as a tax right off which helps when you make billions..  So yeah a couple of grand is like me dropping a penny. Even if 1 million people did this and the average is 10k that's still less than 1% of the banking industries total revenue in a year. Hell bank of America alone is 100 billion a year and it could take a 10% all at once hit and still be fine.  And a car is easily resold and has less protection than a house."}
{"_id": "27715", "title": "", "text": "Manufacturer of\u00a0Quartz\u00a0Powder in India http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php  Shri Vinayak Industries-Our Quartz Powder mineral can be transparent as well as translucent. There are several varieties of quartz like Rose quartz, Smoky quartz, semiprecious quartz and many more. Most of the quartz is semiprecious stone. Quartz crystals exist in two forms; the normal crystal is called \u03b1-quartz and the high-temperature quartz is called \u03b2-quartz. Quartz appears in white, gray, purple, yellow, brown, black, pink, green, and red."}
{"_id": "27716", "title": "", "text": "If you want direct access trading that is very hard to get. However an active trading broker like interactive brokers, Trade station, or Light speed trading may be what you are looking for. If you have serious cash though value or income investing is better than trading which is pure speculation. I know that active trading can be exciting but it's also basically gambling when compared to research based long term investment. You can't fight the market makers, the guys on the dealer desks have way too many advantages over you. Just give this all some thought and see what you want to do."}
{"_id": "27724", "title": "", "text": "There is no right way but changing your methodology to suit your situation is   a problem. They were happy to use a 4 years period during the crazy times to lower the VAR and then switch to 1 year afterwards to do the same. It is picking and choosing your measures to suit the situation and that is statistical heresy. While there may not be a right way to measure VAR choosing the measure that is suits your situation is bad methodology.    And of course there is such a thing as bad statistical methodology, you see it everyday.   I also pointed out above that it vairies from bank to bank what confidence interval you use."}
{"_id": "27740", "title": "", "text": "The Central Valley of California is a mountain range away from the ocean, although you can drive over the range in a few hours or so, depending on which part of the Central Valley you live in. Watch the *Sons of Anarchy* TV series to get a general idea of the kind of people who live there who *aren't* religious, then extrapolate from that what the religious folks there would be like.  It's a real nutfuck zone."}
{"_id": "27741", "title": "", "text": "It's a game.  The Democrats take money from these companies and leave the loopholes in and then scream to high heaven about the evil corporations to energize liberal campaign outreach.  Its nothing but a scam.    And dont even get me started on the corpratist Republicans who are even worse."}
{"_id": "27749", "title": "", "text": "It doesn't rely in the first item. A legal tender law certainly makes it easier for the banker to find goods with his dollars, but you can have the exact same scenario I described above in a competing currency system.  Typically the Cantillion Effect has bankers disadvantaged because they get their interest payment after the inflation effects prices. It is the primary loan receiver who gets the best value."}
{"_id": "27752", "title": "", "text": "Which contractors? I'm only familiar with the yellow badges that office security and cleaning has. I'm not sure what we give to e.g. FC equipment vendors.  I suspect you're familiar with one of the many caveats I left out, though."}
{"_id": "27771", "title": "", "text": "&gt;I'm not sure I would want to listen to what Ballmer has to teach.  I would. I'd go to class every day. Take perfect notes. Study my ass off.  Guy knows how to fuck things up like a pro, just gotta listen to him and then do the opposite."}
{"_id": "27782", "title": "", "text": "A bond fund like VBMFX or similar I think are a good choice. Bonds are far less volatile and less risky than stocks. With your 1-2 year time frame, I say definitely stay away from stocks."}
{"_id": "27797", "title": "", "text": "Hi all  Started my MBA studies recently. We have a simulation project and I've taken the VP Finance Role as I didn't have much experience in this and wanted to learn more. Unfortunately I don't have accounting until next semester, so I'm trying to make up the cap with my career experience so far as an engineer + youtube tutorials.   I built a discounted cashflow model. I'm trying to now determine the amount of loan to take in my first year of business. Basically the equity financing doesn't cover our first year capital expenditure, let alone any other costs.  My question is how do I determine what an appropriate loan amount is to take. My first thoughts are enough to cover my capital expenses + 1st half of the year operating expenses before I start seeing a revenue.   Right now my balance sheet would lead me to believe I have a 0.52 Debt Ratio and 1.23 Debt-to-Equity ratio. Is that ok?"}
{"_id": "27819", "title": "", "text": "when you consider the cost of living and the restrictions on working it is nearly the same. I'm able to work part time in the US and go to a state school so my total debt is only around 40k. The biggest problem is that for the degree plans i looked at in public administration and education are not recognized. Of course, I will gladly read any sources you are willing to share that report otherwise."}
{"_id": "27826", "title": "", "text": "\"&gt; My question then is why do you espouse such simplistic nonsense when you understand that the situation is much more complex? Is it because it is easier and more psychologically comfortable to ignore these injustices than to admit that your model does not have an effective way of dealing with them?  I reject your assessment so it's impossible to answer your questions that assume it.  The position that \"\"Jim selling to John has nothing to do with Bob\"\" and the position that \"\"a power plant pollutes collective air possibly entitling compensation\"\" are independent and have no conflict.  Simply because there are cases of market failures, I do not therefore conclude that the market system is itself a failure.  Baby with the bathwater, etc.  It's not because this way of thinking is easier but because it is most accurate.  I honestly don't know what you mean by   &gt; than to admit that your model does not have an effective way of dealing with them?  so I don't know how to respond.  I stated in what I thought was plain language that my model has no effective means of dealing with them, only I insist that we must caveat that assessment with the admission that neither does a non-market model.  What you were supposed to take away was the realization that there are few market failures that could not more simply be described as systematic failures generally.  That is, a collectivist system is inherently illogical (if you want to argue this point, the discussion is over - I have no time for true socialists), yet we share a planet's resources and must decide how to best use them.  The free market's conclusion is that people will learn if their air is being abused by a power plant and they will take action to mend it.  This to a large extent has been proven in the transition from an early industrialized society to modern industry.\""}
{"_id": "27853", "title": "", "text": "Yes, wait.  While the bank promises to process the deposit quickly, there is still a window of a number of days. Many people have found themselves with high overdraft fees when the withdraws came before the deposits."}
{"_id": "27862", "title": "", "text": "There's no tax difference between using AirBnB or Craigslist or any other method to find tenants. The rules relating to occupancy and frequency may be different for some purposes if you go from yearly or monthly tenants to daily-rate tenants.  Your state and local authorities may in the future try to consider you a motel or Bed n Breakfast equivalent, and subject you to various regulations and business taxes.  But the method of finding customers itself is probably not meaningful for tax purposes."}
{"_id": "27888", "title": "", "text": "Actually, I misspoke.  Arcade City doesn't use crypto.  It just connects riders and drivers and lets them work out the payment on their own.  There is an offshoot of Arcade City called Swarm City that does use crypto but it's only in the early development stages.  There is a ton happening in the cryptocurrency space right now.  Lots of really complex applications and development platforms - it's no longer just about funds transfer.  If you are interested, here's a list of 1100 active projects: https://coinmarketcap.com/  On each project's detail page you'll find a link to its web site for further info."}
{"_id": "27891", "title": "", "text": "Generally the number of shares of a U.S. exchange-listed stock which have been shorted are tracked by the exchange and reported monthly.  This number is usually known as the open short interest.  You may also see a short interest ratio, which is the short interest divided by the average daily volume for the stock. The short interest is available on some general stock data sites, such as Yahoo Finance (under Key Statistics) and dailyfinance.com (also on a Key Statistics subpage for the stock)."}
{"_id": "27921", "title": "", "text": "\"If that's the case, why not *lower* the minimum wage? That would instantly make US companies more profitable and make US a great target for foreign investment. Both labor costs are cut down, and as you say, rent and everything will immediately drop. Companies free up a lot of capital for expansion and we can quickly gain 100% employment, as anyone can have a job at say, $1/hour.   A lot of interesting innovation would have to happen to sell food affordable for a $1/hour work. I'm thinking artificially flavored cardboard burgers. Organic and eco friendly: imagine, the packaging IS the meal.  I call this the \"\"trickle up\"\" theory, or \"\"economic regurgitation\"\".\""}
{"_id": "27930", "title": "", "text": "Also, when they mean SP500 fund - it means that fund which invests in the top 500 companies in the SP Index, is my understanding correct? Yes that is right. In reality they may not be able to invest in all 500 companies in same proportion, but is reflective of the composition. I wanted to know whether India also has a company similar to Vanguard which offers low cost index funds. Almost all mutual fund companies offer a NIFTY index fund, both as mutual fund as well as ETF. You can search for index fund and see the total assets to find out which is bigger compared to others."}
{"_id": "27932", "title": "", "text": "I'm looking for something simple, legal, reasonably formal, easy to setup and tax efficient. You just described marriage. Get married."}
{"_id": "27938", "title": "", "text": "Is it an unattractive offer many buyers would shy away from? Buyer who have specific plan may skip getting into such deals as this would be an hindrance to resell the business. Others who are not sure, may buy it for to make money in future. Does it seem like a justifiably fair way to sell a domain, while keeping a stake in it? This is preview of individual opinion. There is nothing fair or unfair in such deals. Is this even done, or has this ever been done before? Possibly. I don't know. Other Aspects: Although this may appear as a good way to cash in on upside, it is not always easy. If magic goes to court and establishes that you were a squatter just to make windfall without any plan, the contract becomes void. If the other party some how manages to make say 1 billion from this site, they would have enough lawyers and accountants to structure the business. So they way it would quickly get restructured is ABC Inc will buy Magic from you with the contract. ABC will give this on lease to XYZ for a consideration of $100 per year as usage. XYZ will make 1 billion. So your share is limited only on $100 royalty paid to ABC."}
{"_id": "27962", "title": "", "text": "\"I'd question whether a guaranteed savings instrument underperforming the stock market really is a risk, or not?  Rather, you reap what you sow. There's a trade-off, and one makes a choice.  If one chooses to invest in a highly conservative, low-risk asset class, then one should expect lower returns from it.  That doesn't necessarily mean the return will be lower \u2014 stock markets could tank and a CD could look brilliant in hindsight \u2014 but one should expect lower returns.  This is what we learn from the risk-return spectrum and Modern Portfolio Theory. You've mentioned and discounted inflation risk already, and that would've been one I'd mention with respect to guaranteed savings. Yet, one still accepts inflation risk in choosing the 3% CD, because inflation isn't known in advance.  If inflation happened to be 2% after the fact, that just means the risk didn't materialize.  But, inflation could have been, say, 4%. Nevertheless, I'll try and describe the phenomenon of significantly underperforming a portfolio with more higher-risk assets.  I'd suggest one of: Perhaps we can sum those up as: the risk of \"\"investing illiteracy\"\"? Alternatively, if one were actually fully aware of the risk-reward spectrum and MPT and still chose an excessive amount of low-risk investments (such that one wouldn't be able to attain reasonable investing goals), then I'd probably file the risk under psychological risk, e.g. overly cautious / excessive risk aversion. Yet, the term \"\"psychological risk\"\", with respect to investing, encompasses other situations as well (e.g. chasing high returns.) FWIW, the risk of underperformance also came to mind, but I think that's mostly used to describe the risk of choosing, say, an actively-managed fund (or individual stocks) over a passive benchmark index investment more likely to match market returns.\""}
{"_id": "27979", "title": "", "text": "Entitlement mentality. Agriculture payment is (generally) structured so that the harder you work, the more potential you have to make. It's generally a minimum wage job with a piece rate stacked on top of it.   You make minimum wage, but if you harvest like a boss, you'll have the potential to make upwards of $20 an hour.   Please research before you make assumptions"}
{"_id": "27986", "title": "", "text": "AusShred is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Brisbane."}
{"_id": "27987", "title": "", "text": "Foreclosure is at a high level the bank declaring that the debtor cannot pay their promissory note (their debt).  This is shortly followed by default, which is the removal of debtors rights to the property.  After the debtor has defaulted, he either chooses to voluntarily remove himself and his belongings from the property, or is forcibly evicted.  In the US eviction is carried out by local law enforcement, such as the sheriff's office.   The bank is now the sole owner of the property, and proceeds to sell it, in an attempt to recoup their investment.  If the bank cannot recoup their investment by selling the house, the rest may be converted to unsecured debt against the debtor.  If the bank chooses to forgive the remaining debt, the debtor may have a tax liability for cancellation of debt.  Also the debtor may also be liable for any appreciation the house did before it was sold, but this likely to be nontaxable if the house in question is the debtor's primary residence.  They also send the credit bureaus the notice of foreclosure, which is how your credit score is hurt. Private Mortgage Insurance or Lenders Mortgage Insurance will pay the lender some amount back to cover their losses. See Also:"}
{"_id": "27995", "title": "", "text": "I disagree that it's double taxation because it's too different entities with different responsibilities and requirements from citizens. Even if you insist it's double taxation, the alternatives, such as the federal government relying on state governments for revenue or states manipulating taxes to coerce federal government, are much worse outcomes."}
{"_id": "28023", "title": "", "text": "Below are some of the differences between FedWire credit transfers and ACH credit transfers in the US. FedWire Same day clearing, which means the sender's account is debited and your account is credited on the same day Irrevocable.  Once a FedWire is sent, the originator/sender cannot send a reversing transaction.  This is a huge advantage of using FedWires because it mitigates risk of reversals. Cost.  FedWire typically cost more to send and to receive ACH Credit (aka Direct Deposit) Allows for Reversals.  Sender/originator does have the ability to perform reversals or correcting entries. Batch Processing  ACH entries are group together into batches and processed by Financial Institutions and the ACH Operators in batch mode. You can find additional information regarding ACH at http://www.achrulesonline.org/ and FedWire at http://www.frbservices.org/serviceofferings/fedwire/fedwire_funds_service.html"}
{"_id": "28024", "title": "", "text": "I also use pidgin.  AIM should have had ads come in as instant messages, as one example.  Charging for premium services such as cloud logs is another.  I want to buy it but I dont have the team or the amount of money they would probably want.  They clearly think its less expensive to shut it down than to sell it."}
{"_id": "28035", "title": "", "text": "Also, people who come for golf aren't going to want to go native. They can build a self-contained resort on the cheap and locals will work in support jobs just like when resorts are built in shithole countries."}
{"_id": "28039", "title": "", "text": "\"I don't see how I'm biased in favor of the banks. Make no mistake, the banks are to blame for the collapse, more so than the government.  However I'm acknowledging the timeline and all the major players in this game, and that includes the government.  I addressed the role of banks selling risky mortgages susceptible to default, which includes predatory lending rates, highly leveraged individuals who buy investment properties, and subprime ARM loans.  Thank you for providing more detail.  I also addressed the securitization of risky mortgages into investment-grade debt, which could be sold to satisfy the \"\"Giant Pool of Money\"\".  Plus, I addressed how the banks lowered their standards to continue the supply of mortgages.  Feel free to directly cite [Paul Krugman](http://krugman.blogs.nytimes.com/2010/01/07/cre-ative-destruction/) as the source of your argument regarding the simultaneous growth of the residential and commercial RE.   Commercial RE was pulled along by  residential RE and the broader market rally (commercial land is highly cyclical).  Commercial RE prices rose as the market showed lower interest rates and higher land prices.  So commercial RE slightly lagged the housing market.\""}
{"_id": "28042", "title": "", "text": "&gt; If your studies are, say, 150K  Why?  You could spend that much but you could spend a lot less. [Room and board plus tuition and fees averages 21.5K / year at a state university](http://youngadults.about.com/od/finances/qt/publicschcosts.htm)  So 90K would be a much better estimate.   &gt; and you forego another 60K/y during 4 years of university,  Why that number?  [Median annual earnings for someone with a high school diploma was 25K.](http://money.cnn.com/2011/10/26/pf/college/college_tuition_cost/index.htm)  Your estimate is almost 2 1/2 times the median.  Also, many college students work while going to college, reducing that differential further.  But even if we take your numbers, they add up to a differential of 390K  (150 + 4 * 60), although 185 (85 + 4 * 25) would be closer to the median.  &gt; you will need to make roughly 39K more per year until you retire than you otherwise would have,   39K * 40+ years is roughly 390K?  I don't know where the 39K per year comes from."}
{"_id": "28046", "title": "", "text": "There are many options to send money internationally. You can send it through PayPal (assuming that both you and your friend have a PayPal account). You can also send it through money services such as Western Union (assuming you can both get to a WU location). Or, you can use popular apps such as Venmo for sending money."}
{"_id": "28060", "title": "", "text": "That is a decision you need to make, but some of the pros and cons you could consider to help your decision making include: Pros: If bought at the right time in the property cycle and in a good growth area, it can help you grow your net worth much quicker than having money in the bank earning near zero interest. You would be replacing rent payments with mortgage payments and if your mortage payments are less than your current rent you will have additional money to pay for any expenses on the property and have a similar cashflow as you do now. You will be able to deduct your interest payments on the mortgage against your income if you are in the USA, thus reducing the tax you pay. You will have the security of your own house and not have to worry about moving if the landlord wants you out after your lease expires. Cons: If bought in a bad area and at the top of the property cycle you may never make any capital gains on the property and in fact may lose money on it long term. If the mortgage payments are more than your current rent you may be paying more especially at the start of your mortgage. If you buy a house you are generally stuck in one spot, it will be harder to move to different areas or states as it can cost a lot of money and time to sell and buy elsewhere, if renting you can generally just give notice and find a new place to rent. Property maintenance costs and taxes could be a drain on your finances, especially if the mortgage repayments are more than your current rent. If your mortgage payments and property expenses are way more than your current rent, it may reduce what you could be investing in other areas to help increase your net worth."}
{"_id": "28072", "title": "", "text": "If you can afford to put $1,333 towards saving for a new car each month, then there is nothing wrong with your logic You should be aware that your car will probably cost around $110,000 in 6.5 years, but other than that the logic is fine. However..."}
{"_id": "28074", "title": "", "text": "\"As anecdotal experience, we have a credit account in my name as offered by bank's marketing before I could qualify by common rules for newcomers (I have an account there for years so they knew my history and reliability dynamics I guess), and my wife is subscribed as a secondary user to the same credit account with a separate card. So we share the same limits (e.g. max month usage/overdraft) and benefits (bank's discounts and bonuses when usage passes certain thresholds - and it's easier to gain these points together than alone) so in the end maintenance of the card costs zero or close to that on most months, while the card is in a program to get discounts from hundreds of shops and even offers a free or discounted airport lounge access in some places :) But the bonus program is just that - benefits come and go as global economics changes; e.g. we had free car assistance available for a couple of years but it is gone since last tariff update. Generally it is beneficial for us to do all transactions including rent etc. via these two credit cards to the same account, and then recharge its overdraft as salaries come in - we have an \"\"up to 50 days\"\" cooloff period (till 20th of next calendar month) with no penalties on having taken the loans - but if we ever did overstretch that, then tens of yearly percents would kick in. Using the card(s) for daily ops, there is a play on building up the credit history as well: while we don't really need the loans to get from month to month, it helps build an image in the face of credit organizations, which can help secure e.g. favorable mortgage rates (and other contract conditions) which are out of pocket money range :) I'd say it is not only a \"\"we against the system\"\" sort of game though, as it sort of trains our own financial discipline - every month we have (a chance) to go over our spendings to see what we did, and so we more regularly think about it in the end - so the bank probably benefits from dealing with more-educated less-random customers when it comes to the bigger loans. Regarding internet, we tend to trust more to a debit card which we populate with pocket money sufficient for upcoming or already placed (blocked) transactions. After all, a malicious shop can not sip off thousands of credit money - but only as much as you've pre-allocated there on debit.\""}
{"_id": "28075", "title": "", "text": "\"In general, I agree with Alex' \"\"don't do it.\"\" If I dig deep for any reasons to transfer from a Roth into a Roth 401(k) there might be 2:\""}
{"_id": "28083", "title": "", "text": "Depending on jurisdiction, the fact that you made some payments might give you an ownership share in the house in your own right. What share would be a complex question because you might need to consider both the mortgage payments made and maintenance. Your sister might also be able to argue that she was entitled to some recompense for the risk she describes of co-signing, and that's something that would be very hard to quantify, but clearly you would also be entitled to similar recompense in respect of that, as you also co-signed. For the share your mother owned, the normal rules of inheritance apply and by default that would be a 50-50 split as JoeTaxpayer said. You imply that the loan is still outstanding, so all of this only applies to the equity previously built up in the house prior to your mother's death. If you are the only one making the ongoing payments, I would expect any further equity built up to belong solely to you, but again the jurisdiction and the fact that your sister's name is on the deeds could affect this. If you can't resolve this amicably, you might need to get a court involved and it's possible that the cost of doing so would outweigh the eventual benefit to you."}
{"_id": "28088", "title": "", "text": "\"&gt;Paul calls it unanimous. The government site does not. What does a unanimous voice vote even mean? [1] Here is the govt site where the votes are viewable. Note at the bottom that the postal bills have the statement \"\"Outcome: Favorably reported to the House of Representatives by unanimous consent\"\". Note that bill 459 does not state that. Watch the video and you'll see that Ron Paul has a little bit of trouble with reality.    That site reports unanimous consent because it's an entirely different procedure from a voice vote.  You should read Roberts Rules of Order so you don't look so stupid.  Keep trying though... because we know your hatred of Ron Paul won't stop you from spewing lies.  For the rest of you...  if you want to see how much trouble crotchpoozie has with reality then [go to the link that he provided](http://oversight.house.gov/markup/full-committee-business-meeting-30/) and watch the video at 0:35:41 when the actual vote takes place and you'll see that it was indeed an unanimous voice vote.\""}
{"_id": "28116", "title": "", "text": "VaR and Stressed VaR are kind of mandatory market risk measurement techniques for anyone with a banking licence in Europe. This doesn't stop you from doing other stuff as well, but you need to have the basics (Basel 2 accord) and you must backtest to check your model. The big problem is that doesn't really account for what happens during a liquidity squeeze.  Other measures may be used at portfolio level, but it is the basic VaR stuff that is churning away after hours."}
{"_id": "28119", "title": "", "text": "Here are a few things I've already done, and others reading this for their own use may want to try.  It is very easy to find a pattern in any set of data. It is difficult to find a pattern that holds true in different data pulled from the same population.  Using similar logic, don't look for a pattern in the data from the entire population. If you do, you won't have anything to test it against. If you don't have anything to test it against, it is difficult to tell the difference between a pattern that has a cause (and will likely continue) and a pattern that comes from random noise (which has no reason to continue). If you lose money in bad years, that's okay. Just make sure that the gains in good years are collectively greater than the losses in bad years. If you put $10 in and lose 50%, you then need a 100% gain just to get back up to $10.  A Black Swan event (popularized by Nassim Taleb, if memory serves) is something that is unpredictable but will almost certainly happen at some point. For example, a significant natural disaster will almost certainly impact the United States (or any other large country) in the next year or two. However, at the moment we have very little idea what that disaster will be or where it will hit.  By the same token, there will be Black Swan events in the financial market. I do not know what they will be or when they will happen, but I do know that they will happen. When building a system, make sure that it can survive those Black Swan events (stay above the death line, for any fellow Jim Collins fans). Recreate your work from scratch. Going through your work again will make you reevaluate your initial assumptions in the context of the final system. If you can recreate it with a different medium (i.e. paper and pen instead of a computer), this will also help you catch mistakes."}
{"_id": "28134", "title": "", "text": "Yes the stock market is 'rigged' to some extent but if you are good at game theory then you can predict the direction of bias and therefore take advantage of the 'rigged' nature of the market. Eventually enough people become aware of the bias and then the people who are manipulating the market have to change their strategy. This is just how the market works though its always worked this way it has just become more and more sophisticated.  look at it this way if you control billions of dollars in equities then you have to manipulate the market to give you a favorable price. If you dont manipulate then day traders and speculators will drive up the price of a security before you can even get your money in.  So the big players try to manipulate the market and the small fish try to predict the manipulation. Welcome to the jungle"}
{"_id": "28135", "title": "", "text": "This conclusion is highly misleading. Although they lead with the 90% figure,  I cannot for the life of me see it substantiated in the data.   According to their own information (which by the way surveyed preferences,  not actual purchases) the actual number is between 55% and 80%. Only by including every item that you saw first in store, tried out at a store, bought at a store, or returned to a store can you get to the 90% figure. They aren't talking purchases at all.  Personally I go out shopping all the time and see something cool - and put it back on the shelf because I know that it is cheaper on Amazon. Somehow this study uses that as proof that retail stores are winning.   He who converts sales wins. Not him who gives free advertising for the other guy."}
{"_id": "28155", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://erikrood.com/Posts/college_roi_.html) reduced by 84%. (I'm a bot) ***** &gt; The main financial benefit of attending college is the earnings differential received by a college graduate over a high school graduate; Payscale provides 20-year return on investment figures for exactly that.  &gt; Below I&amp;#039;ll compare the ROI of college to the return generated from simply joining the workforce after high school, but investing college tuition costs* into the stock market.  &gt; As shown, on average, forgoing college costs, investing that money in equities, and beginning work would generate significantly higher returns than going to college.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ffhf6/youd_make_more_money_skipping_college_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136971 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **college**^#1 **high**^#2 **return**^#3 **ROI**^#4 **tuition**^#5\""}
{"_id": "28160", "title": "", "text": "Your mother can give you $14k and your wife $14k (every year) without creating a gift-tax filing requirement, anything in excess of that and she will have to file form 709 with her tax return, but she will not have gift tax liability on her end unless her lifetime gift tax exemption (currently $5.49M) has been exhausted. As the recipients of the gift, you have no tax liability or reporting requirement. So the easiest method would be for her to write you and your wife each checks for $14k. Since it's almost the end of the year, she could give you the extra $2k next year if needed, that smaller amount would not likely need to 'season' for loan approval. Since you mentioned only your mother, I assumed it's just her, but if your mother is married, both her and her spouse could each give you and your wife  $14k without creating a filing requirement, so up to $56k in gifts from one couple to another, or $28k from one party to a couple. It doesn't have to be a spouse, that's just the typical scenario."}
{"_id": "28168", "title": "", "text": "Find a good financial advisor that is willing to teach you and not just interested in making a commission on your net worth. Talk to them and talk some more. Go slow and don't make impulsive buying decisions. If you don't understand it then don't buy it. Think long term - how do I turn this 250K into 2.5M? Congrats on the savings!"}
{"_id": "28172", "title": "", "text": "You have made a good start because you are looking at your options. Because you know that if you do nothing you will have a big tax bill in April 2017, you want to make sure that you avoid the underpayment penalty. One way to avoid it is to make estimated payments. But even if you do that you could still make a mistake and overpay or underpay. I think the easiest way to handle it is to reach the safe harbor. If your withholding from your regular jobs and any estimated taxes you pay in 2016 equal or exceed your total taxes for 2015, then even if you owe a lot in April 2017 you can avoid the underpayment penalty. If you AGI is over 150K you have to make sure your withholding is 110% of your 2015 taxes. Then set aside what you think you will owe in your bank account until you have to pay your taxes in April 2017. You only have to adjust your withholding to make the safe harbor. You can make sure easily enough once your file this years taxes. You only have to make sure that you reach the 100% or 110% threshold. From IRS PUB 17 Who Must Pay Estimated Tax If you owe additional tax for 2015, you may have to pay estimated tax   for 2016. You can use the following general rule as a guide during the year to   see if you will have enough withholding, or if you should increase   your withholding or make estimated tax payments.  General rule.    In   most cases, you must pay estimated tax for 2016 if both of the   following apply. You expect to owe at least $1,000 in tax for 2016, after subtracting your withholding and refundable credits. You expect your withholding plus your refundable credits to be less than the smaller of: a. 90% of the tax to be shown on your 2016 tax return, or b. 100% of the tax shown on your 2015 tax return (but see Special rules for farmers, fishermen, and higher income taxpayers , later).   Your 2015 tax return must cover all 12 months. Reminders Estimated tax safe harbor for higher income taxpayers. If your 2015   adjusted gross income was more than $150,000 ($75,000 if you are   married filing a separate return), you must pay the smaller of 90% of   your expected tax for 2016 or 110% of the tax shown on your 2015   return to avoid an estimated tax penalty."}
{"_id": "28180", "title": "", "text": "That's right.  I wouldn't say that she directly caused Yahoo's downfall since that was put into motion long before she started.  However, she did nothing that succeeded in changing Yahoo's trajectory after she took over.  Yahoo could have done essentially nothing and it would have ended roughly the same.  People are just upset that she got compensated quite well without achieving anything of significance."}
{"_id": "28181", "title": "", "text": "&gt; see that's what I was thinking, but I'm at a loss as to why this change is necessary if everyone has to discount it anyway due to 'reality' bias  Consumer debt usually takes into consideration score in addition to income instead of thorough analysis of your history report.  Hence being able to apply online and automatically get approved for credit for certain things.  Even then 25 points increase isn't going to supercharge shit.  It's a fairly trivial change that only affects a small population and isn't going to radically alter the landscape."}
{"_id": "28183", "title": "", "text": "\"In some sense, I agree, but let's look at Apple who in 1997 when Steve came back as CEO and had to beg monies from Microsoft (which he received as a professional courtesy) to stay afloat swore he would never have to do again and literally deemed investors as a \"\"necessary evil\"\".   He presided over one of the most profound rainy day funds (which eclipsed the US Government for a few days in its depth) because he never wanted to be in that position again.   He died and Tim Cook initiated splits and buybacks.  I think Cook went too far in one direction and Jobs in the other.  Another stock to consider in a similar light is Starbucks.   But these stocks are performing, I'm an investor, and I'm not going to complain about management decisions when ROI is at are above 20/30ish percent.   Other companies like Thomson Reuters fail to achieve a cohesive diverse presence in multiple markets inexpensively sans their newsdesk operations.   I'm not saying your wrong, it's just a formula of trust and strategy.\""}
{"_id": "28188", "title": "", "text": "\"To trade stocks in India, you need a copy of your pan card, address proof(passport or driving license/electricity bill), income tax return (if you are trading futures & options and currencies), and a cancelled cheque from the bank. You will also need to sign across your recent photographs, and require various other forms from a brokerage house which need to be signed in the brokers presence. If your stock broker trusts you, and you have all these documents, then you CAN open a DEMAT account in India by signing and sending him all these documents. Otherwise you CANNOT, as every single form states that \"\"this particular document was signed in my presence\"\", and the stock broker needs to sign under that clause.  Chances are, if you live abroad, no broker will ever trust you with any kind of margin, and therefore cannot make profits from you, so they will not agree to open your account.\""}
{"_id": "28191", "title": "", "text": "\"Without knowing what the balances are, I associate \"\"uncomfortable\"\" with high, as in tens of thousands.   What I would do: is 1) cut up the cards and stop using them, and 2) have some balance transfer offers in hand the next time you call to negotiate with the companies.  Essentially, you will have to convince them that they will have to explain one of two things to their boss: why they lowered your rate or why you left. They can collect less interest from you or no interest from you.  It's up to them.  If they don't offer you something that's in the ballpark of your balance transfer offer, then bid them goodbye and complete the balance transfer. As far as paying them off, the top two modes of repayment are lowest balance first (aka snowball) or high interest rate first.  Both methods are similar in that you pay minimums on all but the method's focus point.  Whether it is lowest balance or highest interest rate, you pay ALL of your extra money on the lowest balance or the highest interest debt until it is gone and then you move onto the next one in the list. For what it's worth, I prefer the lowest balance method, you see progress faster.\""}
{"_id": "28204", "title": "", "text": "Nice try at drumming up drama for your shitty blog article, cnn blogger. I see you managed to quote me out of context and without opportunity to rebuttal. Also, as usual with cnn, you're about a week late.    Yawn."}
{"_id": "28211", "title": "", "text": "\"The strategy is right. As pointed out by you, will the \"\" volatility cause the premium on the price of the options to be too high to make this worthwhile\"\" ... this is subjective and depends on how the markets feels about the volatility and the trend ... ie if the market believes that the stock will go up, the option at 45 would cost quite a bit less. However if the market believes the stock would go down, the option at 45 would be quite high [and may not even be available].   There is no generic right or wrong, the strategy is right [with out without putting dividend into equation] it depends what options are available at what prices.\""}
{"_id": "28230", "title": "", "text": "I am answering this in light of the OP mentioning the desire to buy a house.  A proper mortgage uses debt to income ratios. Typically 28/36 which means 28% of monthly gross can go toward PITI (principal, interest, tax, insurance) and the total debt can go as high as 36% including credit cards and car payment etc. So, if you earn $5000/mo (for easy math) the 8% gap (between 28 and 36) is $400. If you have zero debt, they don't let you use it for the mortgage, it's just ignored. So a low interest long term student loan should not be accelerated if you are planning to buy a house, better put that money to the down payment. But for credit cards, the $400/mo carries $8000 (banks treat it as though the payment is 5% of debt owed). So, I'd attack that debt with a vengeance.  No eating out, no movies, beer, etc. Pay it off as if your life depended on it, and you'll be happier in the long run."}
{"_id": "28254", "title": "", "text": "\"I did this 20 years ago. I wanted desperately to quit my job, but my wife wouldn't let me -- not because she thought it would fail, but just because she thought it would take longer than I thought. It took us 2 or 3 years to get to roughly half my previous salary as a software engineer. It's been my full time job for 15 years now. It's much better to not have enough time to finish X, Y, or Z on your startup than to have finished it and be waiting for someone to show up and pay. I agree with \"\"Don't quit your day job until you are very confident your startup can support you and is making money\"\". Validate your startup idea early. In the words of the Lean Startup movement, \"\"Fail Early\"\".  This is absolutely critical. Starting a company requires extreme confidence. Succeeding requires extreme humility and a willingness to face your mistakes (because how else can you improve?). You've clearly got the confidence. Now you need to to be realistic and look at \"\"What could go wrong?\"\" and \"\"How will I know that this is working?\"\" There are some parts of a startup that require what I call \"\"Calendar Time\"\". It's just elapsed time for things like: You tweaked your landing page and you're A/B testing whether that improves things.  And you wait for a week or two. You are waiting for a contractor to finish something on your website's Payment feature.  Read The Lean Startup (and similar books) to get an idea of all the things you'll need to do.  You'll need to:\""}
{"_id": "28257", "title": "", "text": "You need a HDHomeRunPrime if you want to maybe pick up the premium channels. And even then if the cable company marked the channels the way they usually do, you'll only be able to watch broadcast and basic cable channels, none of the expanded or premium ones on Myth."}
{"_id": "28271", "title": "", "text": "This strategy is called trading the 'Golden Cross' if the 50 day SMA moves above the 200 day, or the 'Death Cross' when the 50 day SMA moves below the 200 day SMA. Long-term indicators carry more weight than shorter-term indicators, and this cross, in a positive direction signals a change in momentum of the stock. You will not catch the very bottom using this method, but there is a better chance that you will catch a move near the beginning of a longer-term trend. Golden Cross Information - Zacks"}
{"_id": "28291", "title": "", "text": "\"If you want a ~12% rate of return on your investments.... too bad. For returns which even begin to approach that, you need to be looking at some of the riskiest stuff. Think \"\"emerging markets\"\". Even funds like Vanguard Emerging Markets (ETF: VWO, mutual fund, VEIEX) or Fidelity Advisor Emerging Markets Income Trust (FAEMX) seem to have yields which only push 11% or so.  (But inflation is about nil, so if you're used to normal 2% inflation or so, these yields are like 13% or so. And there's no tax on that last 2%! Yay.) Remember that these investments are very risky. They go up lots because they can go down lots too. Don't put any money in there unless you can afford to have it go missing, because sooner or later you're likely to lose something half your money, and it might not come back for a decade (or ever). Investments like these should only be a small part of your overall portfolio. So, that said... Sites which make investing in these risky markets easy? There are a good number, but you should probably just go with vanguard.com. Their funds have low fees which won't erode your returns. (You can actually get lower expense ratios by using their brokerage account to trade the ETF versions of their funds commission-free, though you'll have to worry more about the actual number of shares you want to buy, instead of just plopping in and out dollar amounts). You can also trade Vanguard ETFs and other ETFs at almost any brokerage, just like stocks, and most brokerages will also offer you access to a variety of mutual funds as well (though often for a hefty fee of $20-$50, which you should avoid). Or you can sign up for another fund providers' account, but remember that the fund fees add up quickly.  And the better plan? Just stuff most of your money in something like VTI (Vanguard Total Stock Market Index) instead.\""}
{"_id": "28299", "title": "", "text": "Some states will give you a tax deduction for 529 contributions. This will allow some tax savings for money that spends a minimum amount of time in the account.  Yes you have missed the best benefit, the tax free growth, but there might be an opportunity for some growth. The child's expenses beyond tuition can be covered by 529 plan. It can even cover room and board if they are living in the dorms, off campus apartment, or even at home. Each University through their financial aid office will calculate the total cost of attendance for each student type. Before doing this you need to look at several things:"}
{"_id": "28314", "title": "", "text": "It's important to understand that, in general, security transactions involve you and a relatively unknown entity with your broker standing in the middle.  When you sell through Schwab, Schwab needs to receive the funds from the other side of the transaction.  If Schwab gave you access to the funds immediately, it would essentially be a loan until the transaction settles after funds and securities change hands.   If Schwab made funds available to you as soon as they were received, it might still be two days until the money is received; because the other side also has three days. Guaranteed one day settlement would have to include receipt of funds from the buyer in one day and Schwab can't control that. You need to remember this transaction likely includes at least one party in addition to you and Schwab.  Here's the SEC page related to the three day settlement period,  About Settling Trades in Three Days:  T+3"}
{"_id": "28329", "title": "", "text": "He wasn't complaining about it he was exemplifying it. He doesn't care how much of the bussiness's funds he takes advantage of in order to stroke his ego. That extreme level of entitlement, while trying to claim he's not snobbish, exemplified huge amount decadence, selfishness, greed, and carelessness."}
{"_id": "28343", "title": "", "text": "Idk what the problem is. My selection of outdoor sports equipment has never been bigger. I love these stores and I don't know how not too. I miss the small bait shop that was around the corner, but I loved that Bass pro catalog as a kid and now there is 4 bass pros within 4 hours of me, Walking in these stores is like heaven."}
{"_id": "28346", "title": "", "text": "\"Bitcoin payments involve by far the lowest fees.  For pure bitcoin-to-bitcoin transfers you have the option of not paying any fee at all, while if you want to avoid the risk (currently very small) of miners ignoring your transaction you can pay a small transaction fee.  Currently no more than 0.0005 BTC is ever required ($0.01 at $20/BTC). Bitcoin also does not support \"\"chargebacks\"\", which is an advantage for the merchant (no risk that Paypal will freeze your account, as it did in with a Burning Man nonprofit), but more risk for the consumer. Popular sites for exchanging bitcoins with other currencies charge rates of 0.65% or less.  The primary barrier is that it typically takes a few days to get funds into your account from bank accounts etc.  Given the volatility of the bitcoin exchange rate you may want to treat bitcoin like cash, and only keep a small amount on-hand. A variety of shopping cart interfaces are supported. The obvious downside is that only a small fraction of users would be likely to go through the steps to use this option since bitcoin is new and immature, so your investment in adding support may be hard to pay off.  On the other hand, just advertising that you accept bitcoin payments would give you a bit of free advertising. Another downside is the risk of government intervention.  In NPR's 2011 story a law professor said it was \"\"legal for now\"\" in the US, but that could change. I'd say that given the sizable current fees and other barriers to international commerce and micro-payments, if bitcoin doesn't succeed, something else will.\""}
{"_id": "28347", "title": "", "text": "@littleadv is right, this depends on your country. Furthermore, this is likely to depend on the type of business you own (in the US: LLC, S-corp, C-corp). In some countries you have to provide yourself a minimum wage if you are classified as a major shareholder and work for the company. When there is a minimum level of wage you have to pay yourself the tax rate on wages is typically higher than on dividends. The wage you then receive is taxed in line with normal wage taxation rules. Above the minimum wage you can pay yourself in dividends."}
{"_id": "28348", "title": "", "text": "\"Basically, unless you are an investment professional, you should not be investing in a venture in a developing country shown to you by someone else. The only time you should be investing in a developing country is if a \"\"lightbulb\"\" goes off in your head and you say to yourself, \"\"With my engineering background, I can develop this machine/process/concept that will work better in this country than anywhere else in the world.\"\" And then run it yourself. (That's what Michael Dell, a computer repairman, did for \"\"made to order\"\" computers in the United States, and \"\"the rest is history.\"\") E.g. if you want to invest in \"\"real estate\"\" in a developing country, you might design a \"\"modular home\"\" out of local materials, tailored to local tastes, and selling for less than local equivalents, based on a formula that you know better than anyone else in the world. And then team up with a local who can sell it for you. Whatever you do, don't \"\"invest\"\" and revisit it in 10-15 years. It will be gone.\""}
{"_id": "28356", "title": "", "text": "\"It's a scam. Here's someone who paid \"\"Josie\"\" 2000 pounds and lost it all Here's a Google search result list of how this softcore porn actor, Josie Ann Miller, is being used as the face and name of scams\""}
{"_id": "28361", "title": "", "text": "A lot of business sites are subscription only. Financial Times is the most obvious example. The Economist is the other. At least The Economist is making a very strong, healthy profit.  A lot of other businesses work on a Freemium model, most obviously Bloomberg. The Bloomberg Terminal costs 24k a year to lease, and it has a stronghold on the financial community. But you can get tons of Bloomberg news and data on their site/channel for free. Why? Because having that wide public reach adds value to Bloomberg--they have access to a lot of industry insiders who exchange tips etc. for the ability to leak info to the public, etc. It's a smart business model and works very well.  There are other models that work equally well, but I think a lot of people don't really realize this."}
{"_id": "28368", "title": "", "text": "\"I am currently an accounting analyst at a small company and am looking for a career change. I have a BS in Econ from a B1G school and 2+ years of work experience. The three options I've narrowed down to are: pursue MFin and move into corporate finance, take CFA L1 and start job search, or start studying for actuarial exams and go down that path. I'm good at math and have high aspirations for my career. Currently I feel under appreciated and underemployed.  Does anyone have any insight/advice on these paths and which is \"\"best\"\" in terms of salary, growth, and work/life? Thanks!\""}
{"_id": "28375", "title": "", "text": "\"The \"\"just accounting\"\" is how money market works these days. Lets look at this simplified example: The bank creates an asset - loan in the amount of X, secured by a house worth 1.25*X (assuming 20% downpayment). The bank also creates a liability in the amount of X to its depositors, because the money lent was the money first deposited into the bank by someone else (or borrowed by the bank from the Federal Reserve(*), which is, again, a liability). That liability is not secured. Now the person defaults on the loan in the amount of X, but at that time the prices dropped, and the house is now worth 0.8*X. The bank forecloses, sells the house, recovers 80% of the loan, and removes the asset of the loan, creating an asset of cash in the value of 0.8*X. But the liability in the amount of X didn't go anywhere. Bank still has to repay the X amount of money back to its depositors/Feds. The difference? 20% of X in our scenario - that's the bank's loss. (*) Federal Reserve is the US equivalent of a central bank.\""}
{"_id": "28386", "title": "", "text": "In store pickup at Walmart is atrocious. I've tried it. And, you still have to go to Walmart. Amazon draws the yuppie types who not only like saving money, but also don't have the time to deal with going to stores and sure as hell don't want to go to Walmart of all places."}
{"_id": "28411", "title": "", "text": "That definitely hit home. I'd be thinking the same thing every time I submitted an online application and its quite frustrating. I'm beginning to realize I shot my self in the foot after graduation when a friend put me in contact with a friend of his who works at a large aerospace firm. The contact seemed more than willing to help me out and I figured at the very least i'd get an interview. So I dedicated all my time prepping for the position and following up with my contact. 2 months later it all fell through when the firm changed the requirements for the position. I asked my contact what happened and he basically said oh well. So yeah  I spent all this time so focused on one job that I thought I would get and it didn't work out. In school I learned what to do in a job but due to my circumstances (working 30 hours a week in a bar in order to pay for school) I never learned HOW to get a job.  given that, I appreciate your suggestions and although everything you said seems obvious now, I think I've mainly been in denial and don't want to give up on what I really want. But thankfully I do have connections in other industries and friends who are more than willing to give mock interviews. I have the tools but as you said now its up to me to stop sulking and take the initiative. Thanks for the response, definitely needed to hear that. I will also send you my resume if you don't mid taking a quick look."}
{"_id": "28425", "title": "", "text": "A strategy of rebalancing assumes that the business cycle will continue, that all bull and bear markets end eventually.  Imagine that you maintained a 50% split between a US Treasury bond mutual fund (VUSTX) and an S&P 500 stock mutual fund (VFINX) beginning with a $10,000 investment in each on January 1, 2008, then on the first of each year you rebalanced your portfolio on the first of January (we can pretend the markets are open that day). The following table illustrates the values in each of those funds with the rebalancing transactions: This second table shows what that same money would look like without any rebalancing over those years: Obviously this is cherry-picking for the biggest drop we've recently experienced, but even if you skipped 2008 and 2009, the increase for a rebalanced portfolio from 2010-2017 is 85% verses 54% for the portfolio that is not being rebalanced in the same period. This is also a plenty conservative portfolio. You can see that a 100% stock portfolio dropped 40% in 2008, but the combined portfolio only dropped 18%. A 100% stock portfolio has gained 175% since 2009, compared to 105% for the balanced portfolio, but it's common to trade gains for safety as you get closer to retirement. You didn't ask about a 100% stock portfolio in your initial question. These results would be repeated in many other portfolio allocations because some asset classes outperform others one year, then underperform the next. You sell after the years it outperforms, then you buy after years that it underperforms."}
{"_id": "28470", "title": "", "text": "As a counterpoint, I don't think it's totally necessary to do 300 hours per level especially if you already have a background in the material from school.   I did ~100 hours of legit studying for 1 and ~175 legit hours for 2 and passed fine. Had a solid number of friends who did the same amount. Then again YMMV depending on your school, how well you did in school, your courses, and your work experience."}
{"_id": "28473", "title": "", "text": "In Canada section 347 of the Canadian Criminal Code makes it illegal to charge more than 60% annually.  Since most Canadian credit card annual interest fee is below this they are within that legal limit.  However this is limited only to the rate and not necessarily a cap on the absolute interest charges."}
{"_id": "28477", "title": "", "text": "Strictly speaking the terms arise from double entry book keeping terminology, and don't exactly relate to their common English usage, which is part of the confusion. All double entry book keeping operations consist of a (debit, credit) tuple performed on two different books (ledgers).  The actual arithmetic operation performed by a debit or a credit depends on the book keeping classification of the ledger it is performed on. Liability accounts behave the way you would expect - a debit is subtraction, and a credit is addition. Asset accounts are the other way around, a debit is an addition, and a credit is a subtraction.  The confusion when dealing with banks, partly comes from this classification, since while your deposit account is your asset, it is the bank's liability. So when you deposit 100 cash at the bank, it will perform the operation (debit cash account (an asset), credit deposit account). Each ledger account will have 100 added to it. Similarly when you withdraw cash, the operation is (credit cash, debit deposit). However the operation that your accountant will perform on your own books, is the opposite, since the cash was your asset, and now the deposit account is. For those studying math, it may also help to know that double entry book keeping is one of the earliest known examples of a single error detection/correction algorithm."}
{"_id": "28495", "title": "", "text": "College degrees are used as a club membership, if you don't have a piece of paper saying that you know what you know, it doesn't count as far as employers are concerned.  You may possess the knowledge, but not the 'credentials'. It's stupid, yes, but that's how society works."}
{"_id": "28496", "title": "", "text": "Geloman's Indian Spares provide you motorcycle spares for the majority of all Indian motorcycles,  including main spare parts, where we do not have them in stock we can order them in. If you want to Indian 101 Scout spare parts, then you can visit our workshop. Because we are the best dealer of Indian motorcycle spare parts online in the world. Our experienced team have and continue to provide a friendly,  down to earth, high quality."}
{"_id": "28504", "title": "", "text": "First you should understand the basics of how insurance companies make money: In a simple scenario, assume 1,000 have car insurance. Assume that on average, 100 people have accidents per year, and that each accident costs $10,000. So, we can expect total costs to be $1,000,000 per year. Some of those costs will be paid by the drivers, who have some sort of 'deductible'. That is - the insurance company will only cover costs after the driver has themself paid some initial amount [something like, the first $1,000 of repairs is paid by the driver]. So now the insurance company expects to have to pay out $900,000 in total claims this year. If they want to pay those claims (and also pay their administrative costs, and earn a profit), they might want to have $1,250,000 in revenue. Across 1,000 people, that would be $1,250 / year in insurance premiums. Of course, the big question for the insurance company is: how much will they really need to pay out in insurance claims each year? The better they can predict that number, the more profitable they can be [because they can charge a much more accurate amount, which can earn them new customers and gives them insurance {pun} that each new customer is actually profitable to them on average]. So the insurance company spends a lot of time and money trying to predict your likelihood of a car accident. They use a lot of metrics to do this. Some might be statistical hogwash that they charge you because they feel they can [if every insurance company charges you extra for driving a 2-door instead of a 4-door, then they all will], and some might be based in reality. So they attempt to correlate all of the items in your list, to see if any of those items indicates that you should be charged more (or less) for your insurance. This is equal parts art and science, and a lot of it comes down to how they market themselves. ie: if an insurance company gives a discount for being in college, is that because college drivers are better drivers, or is it because they want to increase the number of young customers they have, so they can keep those customers for life? Therefore how each metric factors into your calculation will be based on the company using it. It would basically be impossible to 'come up with' the same answer as the insurance company by having the information you provided, because of how heavily dependant that answer is on statistics + marketing. As for how your state matters - some states may have different accident rates, and different payout systems. For example - is Hawaii driving more dangerous because of all the tourists driving rented cars faster than they should? Is New York less expensive to insure because better public health care means less cost is borne by the insurance company in the event of an accident [I have no idea if either of these things are the case, they are purely for hypothetical discussion purposes].  In short, make sure you get quotes from multiple providers, and understand that it isn't just the cost that changes. Check changes in coverage and deductibles as well [ie: if one company charges you $100 / month when everyone else charges $200 / month - make sure that the cheaper company doesn't limit its coverage in ways that matter to you]."}
{"_id": "28505", "title": "", "text": "I'm not whining at all, you are just a dick, and you lie about things like Panasonic agreeing to put up a billion dollars.  When I realized my gross margin numbers might be old, I admitted it.  But, shit-head that you are, you just keep going along.... because that is the kind of person you are."}
{"_id": "28533", "title": "", "text": "That makes sense, no doubt there are a few market segments where Sears is good, like the hardware you mentioned. However, I do think that the average age of a Sears shopper vs. an Ikea or Walmart shopper is much higher. Even though in your case you bring the average down being only 35."}
{"_id": "28561", "title": "", "text": "\"H! i made you [some \"\"Trusty Tuk Tuk\"\" signs in english](http://imgur.com/a/P1inx).  there are different styles to choose from.  *if i email them, they are big enough to print and use.  you could print them on colored paper.  do you have email?    hey everybody, [here is Tuk Tuk's Trip Advisor page](https://www.tripadvisor.com/Attraction_Review-g297390-d10836525-Reviews-Trusty_Tuk_Tuk-Siem_Reap_Siem_Reap_Province.html).\""}
{"_id": "28578", "title": "", "text": "You can remotely close the account and transfer the money out to your account in home country. If you have netbanking you can also setup remittance service to your country"}
{"_id": "28590", "title": "", "text": "There is a great 3rd party application out there that I use (I am a broker) along with my internal analysts and other 3rd party sources.  VectorVest has a LOT of technical information, but is very easy to use.  It will run any kind of screen you like, including low 52 week numbers.  (No, I don't get anything for recommending them.)"}
{"_id": "28594", "title": "", "text": "I still rather think making the millionaires tax would be better. There is no reason there shouldn't be a 500k bracket a 1 million bracket and a 5 million. Also up the pay in level on social security as well.   If they're going to take this asinine approach they should just increase capital gains tax by 2-3% instead."}
{"_id": "28599", "title": "", "text": "Not really reasonable because you can't hold a gift card in your IRA, but clever idea none the less. I'm sure a few smaller investors would take advantage of that in a taxable account if it was remotely possible."}
{"_id": "28603", "title": "", "text": "Hey!  You!  Yes you!  Did you bother to read the requirements for this subreddit?  Here, let me post them:  1. This is not the place to promote your business. Any and every post promoting a business in any capacity will be removed.  2. Spamming will result in an instant ban. No mercy for spammers.  **DO NOT POST YOUR SPAM HERE, SELFISH ASSHOLE.**"}
{"_id": "28604", "title": "", "text": "\"The current stock price you're referring to is actually the price of the last trade.  It is a historical price \u2013 but during market hours, that's usually mere seconds ago for very liquid stocks. Whereas, the bid and ask are the best potential prices that buyers and sellers are willing to transact at: the bid for the buying side, and the ask for the selling side.  But, think of the bid and ask prices you see as \"\"tip of the iceberg\"\" prices.  That is: The \"\"Bid: 13.20 x200\"\" is an indication that there are potential buyers bidding $13.20 for up to 200 shares.  Their bids are the highest currently bid; and there are others in line behind with lower bid prices.  So the \"\"bid\"\" you're seeing is actually the best bid price at that moment.  If you entered a \"\"market\"\" order to sell more than 200 shares, part of your order would likely be filled at a lower price. The \"\"Ask: 13.27 x1,000\"\" is an indication that there are potential sellers asking $13.27 for up to 1000 shares.  Their ask prices are the lowest currently asked; and there are others in line behind with higher ask prices.  So the \"\"ask\"\" you're seeing is the best asking price at that moment.  If you entered a \"\"market\"\" order to buy more than 1000 shares, part of your order would likely be filled at a higher price. A transaction takes place when either a potential buyer is willing to pay the asking price, or a potential seller is willing to accept the bid price, or else they meet in the middle if both buyers and sellers change their orders. Note: There are primarily two kinds of stock exchanges.  The one I just described is a typical order-driven matched bargain market, and perhaps the kind you're referring to. The other kind is a quote-driven over-the-counter market where there is a market-maker, as JohnFx already mentioned.  In those cases, the spread between the bid & ask goes to the market maker as compensation for making a market in a stock.  For a liquid stock that is easy for the market maker to turn around and buy/sell to somebody else, the spread is small (narrow).  For illiquid stocks that are harder to deal in, the spread is larger (wide) to compensate the market-maker having to potentially carry the stock in inventory for some period of time, during which there's a risk to him if it moves in the wrong direction.    Finally ... if you wanted to buy 1000 shares, you could enter a market order, in which case as described above you'll pay $13.27.  If you wanted to buy your shares at no more than $13.22 instead, i.e. the so-called \"\"current\"\" price, then you would enter a limit order for 1000 shares at $13.22.  And more to the point, your order would become the new highest-bid price (until somebody else accepts your bid for their shares.)  Of course, there's no guarantee that with a limit order that you will get filled; your order could expire at the end of the day if nobody accepts your bid.\""}
{"_id": "28612", "title": "", "text": "Depends on how many resources they have stored away.. ..how much they're capable of making on their own or within their circle.. ..how long they can hold out until they need something from a larger society that their smaller one can't provide.   ...or, until the larger society shows up at their door pushing a trade they'd rather not take part in, but being mighty insistent such that it puts them in a situation that they're willing to work with the external forces calling on them and/or their resources."}
{"_id": "28633", "title": "", "text": "\"I think I found the answer, at least in my specific case. From the heading \"\"Questar/Dominion Resources Merger\"\" in this linked website: Q: When will I receive tax forms showing the stock and dividend payments? A: You can expect a Form 1099-B in early February 2017 showing the amount associated with payment of your   shares. You also will receive a Form 1099-DIV by Jan. 31, 2017, with your 2016 dividends earned.\""}
{"_id": "28636", "title": "", "text": "The easiest way is to walk over to any Bank that deals with Foreign Exchange or go to any Western union Money Transfer agencies, they will take the Euro and give you Indian Rupees. Passport is not required, but a proof of identity is required. Banks will also ask you question as to how you got the money, as long as you are able to answer them you will get the money. There would also be local Jewellary stores that would convert the money. If you are dealing with them be sure you have check the rates with few before going into the deal."}
{"_id": "28661", "title": "", "text": "I never understood why anyone would overdraft their checking account, until a conversation with a bank teller recently who told me that most young folks these days don't bother to balance their checkbooks anymore or to even bother with a checkbook at all -- they just check their available balance to see how much is in their checking account (totally ignoring any checks or other charges that may have been made against their account but have not yet been debited).        It's hard to believe that young people can be that stupid, but apparently some are."}
{"_id": "28662", "title": "", "text": "It means $400m expected revenue, likely spread out over multiple years as it gets implemented, and not entirely guaranteed to happen as they still need to fulfill the contract. The impact on the stock price is complex - it should be positive, but nowhere close to a $400m increase in market cap. If the company is expected to routinely win such contracts, it may have no significant effect on the stock price, as it's already priced in - say, if analysts expect the company to win 1.2b contracts in this fiscal year, and now they've done 1/3 of that, as expected."}
{"_id": "28674", "title": "", "text": "Most of the population living in poverty do not have cancer.  They are mostly high school dropouts, single women who made the decision to bring the child into a world without income or a father, or people who choose not to work."}
{"_id": "28683", "title": "", "text": "Assuming you're talking about your United States Federal Income Tax payment or refund, the IRS has a website for checking the status of your refund.  You can check that site to see where your refund is.  If it doesn't show up on that site (assuming you provide all the information correctly), then you may want to check TurboTax to verify it was correctly submitted. I believe that site also works for payments.  If not, Turbotax's page is not refund-specific (though I suspect it is just an API call to the same tool)."}
{"_id": "28685", "title": "", "text": "if I put a limit sell at $22.00 now, will it not sell until it's at $22.00 and I will continue to keep the stock? Basically yes. But note that brokers generally don't allow such limit orders to persist indefinitely. The default may even be that they're only valid until the end of the day, and usually the maximum validity is 30 or 60 days."}
{"_id": "28699", "title": "", "text": "WalMart bought a lot of supermarkets in my country, though they kept their original names. But at most times during the day there are at most two cashiers open. So when I see a long line I don't buy and leave"}
{"_id": "28700", "title": "", "text": "I have a fb account, I never use it. I wont delete it, because those bastards actually wont let you. So Ive intentionally become a dead customer to them. I actually campaign to my friends to communicate with me via any other method. I hate everything fb stands for as a company. Imo this company defines narcissitic scum, a stunt in our socities development selling out our privacy for the quick buck without even realizing the damage theyve done. I know they wont go away anytime soon, but their user base is dramatically loosing value to advertisers. Talks of less fb engagement is no secret in social media buzz. A lot of lame attempts to blame it on the new algorithim or newsfeed changes but when you read between the lines, you can tell more and more people are using it less and less. With an exception to the older gen, who quite honestly dont really understand fb anyway. Seems like any fade after it reaches mass adoption."}
{"_id": "28717", "title": "", "text": "\"I'd be curious to understand where you live, with a condo costing nearly 3X the average home price in the US.  That said, if you are hell bent on this, money is loosening up. I am a real estate agent, and part of my distaste for the industry is the fact that it is the near opposite of financial fiduciary. I am responsible to be truthful and act in the best interest of my client. I am specifically not allowed to offer tax or financial advice. A client that told me she had a prequalification, only later shared that she's using a 3% down, FHA mortgage, and from what I see, getting in over her head.  In your case, look at the requirements for an FHA loan. I recommend 20% down, and the payment be less than 28% (Principal, interest, property tax) of monthly gross. The FHA allows as little as 3% down, with payment as high as 31%. In your case, $15K is 3%, and, depending on the other expenses for the house, the payment should be manageable.  If your 401(k) accounts offer matching, I'd deposit the amount to capture the match, no more, no less. Let me illustrate the power of matching - say the match is on your first $10,000 total, between the 2 of you. $10,000 deposited, is $20,000 in your retirement account, and you are just out of pocket $7500, as that's your net after tax. Now, the $20K in the account allows you to borrow half, $10,000 at a favorable rate for a 10 year payback. So, to your question of raiding your retirement accounts, I'd advise the opposite. A $10K withdrawal will cost $2500 in tax and $1000 penalty. Net $6500. Better to take the IRA, transfer it to the 401(k), and borrow 50%. Your $40K across the accounts will let you borrow $20K and keep the retirement savings going.  Last - I respect the answers that say \"\"don't,\"\" they are actually the right answers. Mine only applies if you won't listen to them. In effect, you've asked where to buy rope, and I'm just letting you know where the store is. It's the banks who are happy to sell you the rope to hang yourself.\""}
{"_id": "28720", "title": "", "text": "Bottom line is our system is broken.  For three years running I am 0% return with over 600k in.  Yet, the 401k admin institution charges us all enormous fees that most aren't even aware exist.  A helpful tip is to also check out your expense ratios and learn how those work as well so you know how much you are paying in hidden fees."}
{"_id": "28734", "title": "", "text": "After filing a Chapter 7 (the more common form in the USA) you have to wait 8 years to file another Chapter 7 but only 4 years to file a Chapter 13 (repayment rather than liquidation, at least in theory, in practice it does not always look that neat and tidy).   Chapter 13 you can file a new 13 two years later, but there are not many reasons you would.     This is the new law.  Under the old law pre-2005 you could pretty much file Chapter 13 as often as you like.  In fact my last firm did have one client who managed to fall behind on their house before them chapter 7 was even completed and ended up needing to file a chapter 13 while their chapter 7 was still pending."}
{"_id": "28740", "title": "", "text": "\"It works if after the price has halved and you buy more the price then rises, however if you are attempting to do this you are basing you \"\"doubling down\"\" on hope, and if you are basing a purchase on hope you are gambling. In many cases if the price has halved it could be because there is something very wrong with the company, so the price could easly half again. In that case it hasn't worked. You are better off waiting to see if the company makes a turn around and starts improving. Wait for confirmation that the stock price is heading back up before buying.\""}
{"_id": "28748", "title": "", "text": "I would suggest contacting them. If the account has a small amount of followers and seldom active on it, they usually don't mind handing over the account username. If they won't do it from the kindness of their heart, perhaps ask them how much they want for it? Nothing worse than having inconsistent social media account usernames."}
{"_id": "28749", "title": "", "text": "\"&gt; The worst that could happen to the employee is they could lose their job.  Yes, that's my point. An employee is not going to risk saying \"\"no\"\" to a violation of labor laws when their livelihood depends on keeping the pay check coming.\""}
{"_id": "28758", "title": "", "text": "I would say when starting with Gnucash to start with the level of granularity you are comfortable with while sticking to the double entry bookkeeping practices. So going through each one: Refund for Parking Pass. Assuming you treat the Parking Pass as a sunk cost, i.e. an Expense account, its just a negative entry in the Expense account which turns into a positive one in your Bank account. Yes it may look weird, and if you don't like it you can always 'pay from Equity' the prior month, or your Bank Account if you're backfilling old statements. Selling physical items. If you sold it on eBay and the value is high enough you'll get tax forms indicating you've earned x. Even if its small or not done via eBay, treat it the same way and create a 'Personal Items/Goods' Income account to track all of it. So the money you get in your Bank account would have come from there. Found jacket money would be an Equity entry, either Opening Balances into Cash or Bank account. Remember you are treating Equity / Opening Balances as the state before you started recording every transaction so both the value going into Assets (Banks,Stock,Mutual Funds) and Liabilities (Mortgage, Student Debt, Credit Card Debt) originate from there."}
{"_id": "28764", "title": "", "text": "You would report it as business income on Schedule C.  You may be able to take deductions against that income as well (home office, your computer, an android device, any advertising or promotional expenses, etc.) but you'll want to consult an accountant about that. Generally you can only take those kinds of deductions if you use the space or equipment exclusively for business use (not likely if it's just a hobby).  The IRS is pretty picky about that stuff."}
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{"_id": "28771", "title": "", "text": "I think he's referring to [NAT-PMP](https://en.wikipedia.org/wiki/NAT_Port_Mapping_Protocol).  NAT-PMP opens a port on your firewall to allow you to access your IoT devices when you're away from home, but the services this exposes may have vulnerabilities that allow attackers to have access to your internal network."}
{"_id": "28809", "title": "", "text": "\"Most likely that's the amount of interest that accrued on the loan while you were in school.  If you had paid that amount before 6/21, you would have just paid off accrued interest and your loan balance would have stayed the same. Since you did not pay the interest, it will be added to your loan balance and you will just pay it off as part of the loan (plus compounded interest).   If you pay off your loan at 5% over 30 years (hopefully you won't, but that's what they're amortized for), that $350 will compound and become $1,563.  Essentially you're \"\"borrowing\"\" $350 at 5% interest for 30 years. Hopefully that motivates you to pay it off sooner that that...\""}
{"_id": "28831", "title": "", "text": "Wrong homie. The buy out of country wide was an open market purchase I believe at 5.50 in the spring of 2008. There was no govt deal involved. Just Anglo mazillo riding off into the sunset with his fake tan."}
{"_id": "28850", "title": "", "text": "I recently came across bitcoin, it is what I was really looking for at the time."}
{"_id": "28862", "title": "", "text": "\"I know this I irrelevant, but whale. Man, what an og username.   I agree with you on the offshore banking. Also, having worked for Apple in the past, I really don't think their products truly are all about \"\"quality\"\", but rather the absolute appearance of quality. To the point where Apple tells their customers what quality is and they listen.\""}
{"_id": "28878", "title": "", "text": "As I tried to point out to people before the ACA went into effect, the 80/20 rule applied to premiums but did nothing to address copays or deductibles. Furthermore, it's not like anyone was going to audit the insurance companies for strict compliance with the rule. But everyone thought that making sure more people could buy a policy from a for-profit company would fix American healthcare. Now here we are a few years later with an unaffordable system that doesn't cover everyone and the for-profit companies still in charge, and paying Congress to do away with what few protections we have. Who could possibly have seen this coming?"}
{"_id": "28894", "title": "", "text": "I don't know about the US, but in the UK this is common practice, even required in some situations, and not sketchy at all. It's perfectly legal, saves you tax, and protects you from a legal standpoint. (i.e. what if you break something and your employer wants to sue you?) This is what companies are for, they are legal entities that are separate from an individual. There is no requirement for a company to have more than one employee."}
{"_id": "28901", "title": "", "text": "Daqri is developing a smart helmet and is a name I keep hearing about when this subject comes up at conferences.  Autodesk has been gobbling up tech like the Stingray engine for awhile with a heavy focus on real time modeling and simulation in the future.  Some of the advancements they have made on that is quite impressive especially in the medical sector for stuff like air flow simulation for clean air rooms.  That's not really a surprise though being that it's Autodesk.  A year or two ago Google Tango was also a big buzz.  The demo device I got to play with was pretty cool but the tech was still maturing and I think still ultimately waiting on better(cheaper) sensor tech.  I expect sensor tech to start being standard on devices in the next couple of years.    The big stand out to me is stakeholders (building owners) waking up to the way they can leverage this technology on the operations side and save money.  Two of the last three capital projects I've been involved in asked for and utilized BIM, UAVs, LIDAR, Cobie and so forth.  Compared to the previous biennium it's night and day.  What's really missing are better ways to engage all this information in a Design-Build environment which is where I think AR will really shine."}
{"_id": "28939", "title": "", "text": "\"What you're pretty systematically failing to appreciate is the **pain** felt by people during structural unemployment.  Yes, they should get an education, but guess what, they're probably too old for it to be worth or so far behind on the education ladder that it'd be a real struggle.  Maybe they should move to a city where there are jobs, but moving is expensive and so is living in a city.  The libertarian arguments here have the same problem as the (more extreme) arguments about civil rights.  Yes, the \"\"equilibrium\"\" will converge to a society without discrimination, where people get educated because low-skilled jobs don't pay much anymore, etc.  But those arguments completely neglect the pain of getting from here to there.  Maybe you think the government always screws things up (despite pretty glaring arguments to the contrary), and maybe you think the free market always ends up with the most efficient solution (despite some pretty glaring examples to the contrary), but that still doesn't mean that inefficient government programs that cost the future (GDP, whatever that means) can't be an appropriate means of reducing the overall suffering of the populace in both the short and long term.\""}
{"_id": "28942", "title": "", "text": "Mint.com\u2014Easy solution to provide insight into finances. Pros: Cons:"}
{"_id": "28951", "title": "", "text": "I'd suggest you put only 20% down if you qualify for the 80% amount of the mortgage. Live in the house a year and see what expenses really are. Then if your non-Ret accounts are still being funded to your liking, start prepaying the mortgage if you wish.  It's great to start with a house that's only 50% mortgaged, but if any life change happens to you, it may be tough to borrow it back. Far easier to just take your time and not make a decision you may regret. You don't give much detail about your retirement savings, but I'd suggest that I'd rather have a large mortgage and fund my retirement accounts to the maximum than to have a paid house and start the retirement account at age 35. Some choose that option."}
{"_id": "28954", "title": "", "text": "\"Did you not see the first link? Want a different one?  http://www.businessnewsdaily.com/3088-american-dream-wealthy-parents.html  The very definition of \"\"self made\"\" many of these cnbc type of articles that get tossed around are extremely misleading once you dive into the data. I just go where reality takes me.   A lot of start up stories are untrue. The story of wealthy well connected ivy league educated people starting a company with a lot of help from others isn't a catchy story. Stories are manufactured to elicit the most response.  https://www.thisamericanlife.org/radio-archives/episode/535/origin-story-2014\""}
{"_id": "28956", "title": "", "text": "Pool Maintenance Avalon NJ - We strive to provide all our customers with the most reasonable prices and get our jobs done as scheduled, which is why we have so many referrals. PM Pools will build you a swimming pool that you and your family will be satisfied with for years to come."}
{"_id": "28961", "title": "", "text": "&gt;Would businesses make infrastructure if they had to? Yes. Would it benefit all users equally and would they allow anyone (including competitors) to use the infrastructure they built? Not likely.  It doesn't necessarily look like say Wal-Mart building roads between it's stores. It could be a company coming in and building roads and then charging a toll to drive on them. I don't think that is unreasonable at all and it would cause those who are getting the most benefit from the road to pay the most in and those getting the least benefit to pay the least in.  If there is profit to be made, then someone will perform the task."}
{"_id": "28965", "title": "", "text": "If you are looking for that place in Dubai from where you can buy the cheapest service of database, which is capable for you. The Database For Business is ending up for you that fulfill the requirement. We have become the integral part of any marketing campaign with the growing popularity and use of  mobile database of Dubai for business.Whenever everyone wants to configure a mobile broadband connection there usually is some service provider specific information you have to know before the connection can be established. We provide more expect full business database service and always keep good relations."}
{"_id": "28974", "title": "", "text": "\"I agree with the rest of the answers -- you're probably better off just using it for some predictable flat-rate recurring monthly service like NetFlix, or making a charitable donation if you're into that sort of thing. But since that wasn't what you asked, I'll try to provide an answer: If you don't mind throwing away money, send money to yourself using PayPal. Here's how:  Set up a PayPal Business Account, and use your personal PayPal account to send funds to it by setting up a PayPal subscription. PayPal says \"\"You can have one Consumer account and one Business account.\"\" A PayPal Payments Standard business account has no monthly fee -- only transaction fees. According to PayPal, \"\"in order to set up a repeating payment, [you] would need to create a Subscription or Recurring Payments button from the Merchant Services tab\"\" (in the Business Account). You would then click the link/button to set up the subscription from your personal PayPal account, to make it send money to your Business account on an automatic schedule. You can then, at your own leisure, send the money back to your personal account without paying a second transaction fee, then finally send it back to your bank account. Or, if your bank account is not yet tied to your personal account, you can tie it to the business account instead, and deposit the funds into your bank account. Unfortunately, this step can't be automated. Again, to reiterate, you're much better off just using it for something recurring.\""}
{"_id": "28976", "title": "", "text": "&gt;but is in no shape to do so due to their massive debt.  Actually it's because they don't have their own printing press for the Euro.   They need to drop out of the Euro, devalue their own currency and take control of their own monetary policy and economy."}
{"_id": "28991", "title": "", "text": "Legally, no one else can withdraw from your account. If you suspect the direct-deposit websites are making withdrawals, you can monitor your account balance and dispute any transactions that were not made by you. But realistically, any company that did that would soon be out of business and in so much legal trouble that it wouldn't be worth the money they could get from you."}
{"_id": "29009", "title": "", "text": "I'm just a sole trader who doesn't have much money which is why I'm looking at budget stuff.  It's not like I'm a big business just being really tight.   I need advice on this, not to get down-voted.  I need one that is cheap or free but I would prefer that I can upload my own files and I would like to connect my own domain to it."}
{"_id": "29011", "title": "", "text": "\"&gt;[Google] will pull information based on what the user searches across Gmail, Search, YouTube and other Google properties...also ... Google calendar.\"\"  This is my entire life.  &gt;\"\"Sensitive topics like suicide or rape will not appear.\"\"  Gee thanks, guys.\""}
{"_id": "29024", "title": "", "text": "\"As with many questions here, while littleadv is correct, the real answer is \"\"each bank may handle this differently.\"\" In my case, I was experimenting with my balance to see the impact of utilization, and I overpaid the current bill before the bill was issued.   The prior balance was paid, but then I sent a payment to bring my account to a credit balance. Further down the statement appears the line -  Your account has a credit balance. We can hold and apply this balance   against future purchases and cash advances, or refund it. If you would   like a check mailed to you in the amount of the credit balance, simply   call us and speak to a representative. You can also see that the \"\"revolving credit available\"\" is above the line of credit, implying that someone with a $5000 credit line wanting to charge a $6000 engagement ring can send a higher payment to the account and then make that charge.\""}
{"_id": "29073", "title": "", "text": "When you buy a bond - you're giving a loan to the issuer. The interest rate on the bond is the interest rate on the loan. Usually (and this is also the case with the treasury bonds), the rate is fixed for the term of the loan. Thus, if the market rate for similar loans a year later is higher, the rate for the loan you gave - remains the same."}
{"_id": "29075", "title": "", "text": "\"Sure my dude. I'm not disagreeing with them being irrelevant outliers in terms of this data, I'm just disagreeing with you saying \"\"lottery\"\" like they didn't have to put any effort in. Becoming a pro athlete is a shit ton of work\""}
{"_id": "29096", "title": "", "text": "So, what percentage savings did Lowe's actually realize by doing this in the scheme of things - especially in context to the business losses that will happen as a result from this?  The truth is, if we sheeple could just understand the power we wield, we could be the judge, jury and executioner for most any company if we chose to."}
{"_id": "29099", "title": "", "text": "There is a severe problem with the economy now because people, banks, and governments have been taking on an unprecedented amount of debt relative to income. This isn't a matter of government debt to GDP, but [total debt to income](http://grandfather-economic-report.com/natdebt-vs-natincome.gif). People are still going to buy stuff, as you've said, but they are not going to be able to buy stuff in the same way as they have in the past. They maxxed out the credit cards while the interest rate was near 0%. Any increase in the prime rate instantly triggers a chain of defaults. So, yeah, the party is over."}
{"_id": "29111", "title": "", "text": "\"Merriam-Webster has the following definitions of the term, \"\"Interest\"\": While 2a may be the definition you know, there are more than a few others here that are worth understanding as there can be various contexts so that it isn't as simple as you may think.\""}
{"_id": "29128", "title": "", "text": "I'm not even going to answer your question.  You are the type of person that ruins good discussion.  You interject with a ton of opinion about something but then it turns out you dont use the product or have any idea what you're talking about."}
{"_id": "29140", "title": "", "text": "\"If you still have affairs in Spain or you plan to visit regularly, I would advise against closing your account there unless it is expensive.  I still have a bank account in the Netherlands and it simplifies at lot of things to have it. I would recommend you take enough money to get you going in the US with you but leave the rest in your bank account in Spain.  Once you have opened a bank account in the US, use a foreign exchange transfer service like ofx, XE trade or Transferwise to transfer the money to yourself. In general, foreign exchange transfer services are the most cost effective way to transfer money internationally (much better than your own bank, Pay Pal, Western Union, wire transfers, etc).  They are \"\"fast\"\" in that it can take less than a week to transfer money, but other methods are faster if time is of the essence.\""}
{"_id": "29155", "title": "", "text": "I think Michigan has a few good technical schools that could feed Amazon. U of M being #1 in the state but Michigan State and Michigan Tech both produce a lot of good engineers.   And Detroit is on an up beat. I am from there originally and it was attracting a lot more young people/businesses. I live in Portland now and all my hipster friends say they have been hearing good things and a few were considering moving there.  And Quicken employees a huge IT team in Detroit Amazon could start trying to steal.  You might be right they are an unlikely candidate but I think they have a lot more going for it than you might think at first glance."}
{"_id": "29176", "title": "", "text": "Do you have a smart phone?  Check out the Clark Howard Podcast.  I listen every day.   Of course you can listen from your computer but its far easier to consume from a pod catcher"}
{"_id": "29184", "title": "", "text": "\"Does the bolded sentence apply for ETFs and ETF companies? No, the value of an ETF is determined by an exchange and thus the value of the share is whatever the trading price is. Thus, the price of an ETF may go up or down just like other securities. Money market funds can be a bit different as the mutual fund company will typically step in to avoid \"\"Breaking the Buck\"\" that could happen as a failure for that kind of fund. To wit,   must ETF companies invest a dollar in the ETF for every dollar that an   investor deposited in this aforesaid ETF? No, because an ETF is traded as shares on the market, unless you are using the creation/redemption mechanism for the ETF, you are buying and selling shares like most retail investors I'd suspect. If you are using the creation/redemption system then there are baskets of other securities that are being swapped either for shares in the ETF or from shares in the ETF.\""}
{"_id": "29192", "title": "", "text": "The state and local tax deductions (including property taxes) disproportionately benefit the rich ([88% of the benefit is to those with AGI &gt;$100,000](https://taxfoundation.org/state-and-local-tax-deduction-primer/)).   Cutting SALT would be a progressive reform. However, it would reduce the subsidy for state and local taxes, so there is a trade off."}
{"_id": "29197", "title": "", "text": "\"As the saying goes... \"\"Failing to plan is planning to fail.\"\"   If you want to be successful you must have a plan on how you are going to succeed.  Part of making that plan is understanding what the potential points of failure are and how you are going to handle them.  It is impossible to do this if you do not understand the business.  If you have to react to situations and make snap decisions your risks of making bad decisions increase.  This increases your chances of your business failing.   You also need to be able to tell when there are problems with your business.  If you do not understand the business, and have little experience with the business, then it will take you longer to recognize that there are problems.  The earlier you spot or prevent problems the easier, and less costly, it is to deal with them.   When it can work is when you go in as the silent partner with someone who does know the business.  If you watch the show \"\"Shark Tank\"\" you will notice the sharks invest in either business that they know and understand and can help guide the business through the pit falls, or in people they believe in because they just need the money not the partner.  None of them say heck neither of us know what I we are doing but lets take a shot together.  The reason is there are more fun ways to throw away money than investing your heart, soul, blood and sweat, into learning a business the hard way.   Most people who do learn and build a business with no prior experience actually start from nothing rather than buying a business that has already been built.  Of those that succeed big, they teamed up with someone who understood the business side, but they were the power behind the innovation.  And most of them got in when there was virtually no competition. Your question does not fit in here.\""}
{"_id": "29201", "title": "", "text": "Right, and the other five senior VP's are going to say something entirely different.   Meanwhile the poor IT manager feels like he is being kicked in the teeth and everyone but him gets a voice in spending his budget."}
{"_id": "29237", "title": "", "text": "The 2012 Leadership Development and Talent Strategy Report is a wealth of information that will show you where top performing corporations plan to focus (and spend their training dollars) in the new year. Download your free copy of the report at: http://www.PredictiveSuccess.com"}
{"_id": "29271", "title": "", "text": "Just general advice but you should pay off your credit cards and car loans before buying a house. Or you may be able to add some extra on to the mortgage to pay off your credit card and car debt right away. Credit card interest rates can be ten times the interest rates on mortgages and car loans are not far behind. The sooner you get them paid off completely the sooner you will have enough money for mortgage payments."}
{"_id": "29276", "title": "", "text": "Video CPM are higher, if they allow user video upload, video ads will follow. Anyone that took a look a buying twitter last year might look at buy reddit. both company have about 300 millions MAU but twitter wanted 30 billions (but 18 billions would have made more sense) reddit valuation is a fraction of the price   edit: bot correted my grammar"}
{"_id": "29295", "title": "", "text": "&gt; Prices can still be low and people can still make tons of money, just slightly less money for those at the top and slightly more for those at the bottom rungs.  You cannot simply *pay* people a wage different to market wage. Why would the executives take accept a salary at 80% of the market wage when they could just get a job at 100% of the market wage?  And at the other end, if you simply started paying the workers 20% more, suddenly all of the workers at that new price point want to get a job at Wal-Mart. They swiftly will replace all the current employees, who cannot perform at that level. If they *could*, why would they have been working at Wal-Mart?  You are railing against reality. Yes, it sucks that some people are only capable of labour at low productivity levels. Totally agree. Simply trying to *pretend* that they are *more* productive is just ridiculous, though."}
{"_id": "29298", "title": "", "text": "For economics I recommend mises or these videos to get you started. For daily critical analysis of financial markets, keynesian government policies, and other interesting reading I recommend zerohedge.  I've learned more about financial markets and government regulations by reading the comments section on zerohedge articles than anywhere else on the internet.  The comment section is very raw (i.e. lots of fucking cursing) but there are some jewels of information in there. For daily critical thinking I suggest lewrockwell."}
{"_id": "29300", "title": "", "text": "It is true that with a job that pays you via payroll check that will result in a W-2 because you are an employee, the threshold that you are worried about before you have to file is in the thousands. Unless of course you make a lot of money from bank interest or you have income tax withheld and you want it refunded to you. Table 2 and table 3 in IRS pub 501, does a great job of telling you when you must.  For you table 3 is most likely to apply because you weren't an employee and you will not be getting a W-2. If any of the five conditions listed below applied to you for 2016, you must file a return. You owe any special taxes, including any of the following. a. Alternative minimum tax. (See Form 6251.)    b. Additional tax on a   qualified plan, including an individual retirement arrangement (IRA),   or other tax\u00adfavored account.  (See Pub. 590\u00adA, Contributions to   Individual Retirement Arrangements (IRAs); Pub. 590\u00adB, Distributions   from  Individual Retirement Arrangements (IRAs); and Pub. 969, Health   Savings Accounts and Other Tax\u00adFavored Health  Plans.) But if you are   filing a return only because you owe this tax, you can file Form 5329   by itself.   c. Social security or Medicare tax on tips you didn't   report to your employer (see Pub. 531, Reporting Tip Income) or on    wages you received from an employer who didn't withhold these taxes   (see Form 8919).    d. Write\u00adin taxes, including uncollected social   security, Medicare, or railroad retirement tax on tips you reported to   your  employer or on group\u00adterm life insurance and additional taxes on   health savings accounts. (See Pub. 531, Pub. 969,  and the Form 1040   instructions for line 62.)   e. Household employment taxes. But if you   are filing a return only because you owe these taxes, you can file    Schedule H (Form 1040) by itself. f. Recapture taxes. (See the Form   1040 instructions for lines 44, 60b, and 62.) You (or your spouse if filing jointly) received Archer MSA, Medicare Advantage MSA, or health savings account  distributions. You had net earnings from self\u00ademployment of at least $400. (See Schedule SE (Form 1040) and its instructions.) You had wages of $108.28 or more from a church or qualified church\u00adcontrolled organization that is exempt from employer  social   security and Medicare taxes. (See Schedule SE (Form 1040) and its   instructions.) Advance payments of the premium tax credit were made for you, your spouse, or a dependent who enrolled in coverage  through the Health   Insurance Marketplace. You should have received Form(s) 1095\u00adA showing   the amount of the advance  payments, if any. It appears that item 3: You had net earnings from self\u00ademployment of at least $400. (See Schedule SE (Form 1040) and its instructions.) would most likely apply. It obviously is not too late to file for 2016, because taxes aren't due for another month. As to previous years that would depend if you made money those years, and how much."}
{"_id": "29304", "title": "", "text": "\"It's called a \"\"checkbook register\"\" -- learn what it is and how to use it properly (not only recording your transactions &amp; maintaining your own running balance, but also including \"\"reconciling\"\" it with your bank-issued statements or online transaction listings) and you will *not* overdraw.  It's [fairly basic stuff](http://www.practicalmoneyskills.com/spanish/pdf/teachers/specialneeds/lev_3/lesson_06/6_3activity.pdf) but it never ceases to amaze me how many (supposedly \"\"smart\"\") people fail to do it properly (if at all).\""}
{"_id": "29306", "title": "", "text": "No - there are additional factors involved. Note that the shares on issue of a company can change for various reasons (such as conversion/redemption of convertible securities, vesting of restricted employee shares, conversion of employee options, employee stock purchase programs, share placements, buybacks, mergers, rights issues etc.) so it is always worthwhile checking SEC announcements for the company if you want an exact figure.  There may also be multiple classes of shares and preferred securities that have different levels of dividends present. For PFG, they filed a 10Q on 22 April 2015 and noted they had 294,385,885 shares outstanding of their common stock.  They also noted for the three months ended March 31 2014 that dividends were paid to both common stockholders and preferred stockholders and that there were Series A preferred stock (3 million) and Series B preferred stock (10 million), plus a statement: In February 2015, our Board of Directors authorized a share repurchase program of up to $150.0 million of our outstanding common stock. Shares repurchased under these programs are accounted for as treasury stock, carried at cost and reflected as a reduction to stockholders\u2019 equity. Therefore the exact amount of dividend paid out will not be known until the next quarterly report which will state the exact amount of dividend paid out to common and preferred shareholders for the quarter."}
{"_id": "29323", "title": "", "text": "For most people, the longer you have until retirement, the more beneficial a Roth IRA becomes.   As you get closer to retirement, your income should be higher than what you earn now, pushing you to pay a higher tax rate than what you are currently at, even if tax rates don't change.    You said you were fairly young.   Let's assume you've got 35 years until retirement. Assume you make $50K right now, and earn a 4% raise each year.  When you retire, a common goal is to live off of 80% of your pre-retirement income.   80% of your pre-retirement income will be $157K/year based on 4% raises and 35 years until retirement.  I can't predict future tax rates, but it is likely to be a higher tax rate than what you are paying now. Say you invest $300.00 per month for 35 years at 9% interest (S&P 500 lifetime average is 10.5%).   In 35 years, you'll have contributed $126,000.   The account will be worth about $890,000.  That means that you'll have $764,000 of gain. If you invested in a 401k, you'll pay taxes on every withdrawal from your $890,000 account, at your retirement rate.  If you invested in a Roth, you'll pay taxes on your contributions of $126,000 and not pay taxes on the gains. This grants you some immunity from tax law changes or even large withdrawals to buy a house, boat, etc. during retirement.  All of the taxes paid will be at your rate when investing."}
{"_id": "29359", "title": "", "text": "Most of the reason is due to infrastructure costs in the suburbs being hidden in general taxes.   Suburban governments don't make enough property tax revenue to maintain infrastructure.   New suburban homes don't pay affordable housing ordinance taxes of 10-20% (which new Chicago apartments must pay).        Schools is the first reason people leave Chicago.  An awful public school system forces the middle class to flee for the burbs, even if they would have preferred city living."}
{"_id": "29360", "title": "", "text": "In Ontario, common law marriage requires 3 years of cohabitation, and doesn't give rights to property (which remains separate). I'd say in your situation you can still file as single, but I'd suggest asking your tax accountant to be sure."}
{"_id": "29372", "title": "", "text": "\"Lets say you owed me $123.00 an wanted to mail me a check. I would then take the check from my mailbox an either take it to my bank, or scan it and deposit it via their electronic interface. Prior to you mailing it you would have no idea which bank I would use, or what my account number is. In fact I could have multiple bank accounts, so I could decide which one to deposit it into depending on what I wanted to do with the money, or which bank paid the most interest, or by coin flip. Now once the check is deposited my bank would then \"\"stamp\"\" the check with their name, their routing number, the date, an my account number. Eventually an image of the canceled check would then end up back at your bank. Which they would either send to you, or make available to you via their banking website. You don't mail it to my bank. You mail it to my home, or my business, or wherever I tell you to mail it. Some business give you the address of another location, where either a 3rd party processes all their checks, or a central location  where all the money for multiple branches are processed. If you do owe a company they will generally ask that in the memo section in the lower left corner that you include your customer number. This is to make sure that if they have multiple Juans the money is accounted correctly. In all my dealings will paying bills and mailing checks I have never been asked to send a check directly to the bank. If they want you to do exactly as you describe, they should provide you with a form or other instructions.\""}
{"_id": "29386", "title": "", "text": "Lightning is one of the most devastating natural phenomena and a direct strike will damage anything and everything on its way. Lightning Eliminators &amp; Consultant Inc. installs a wide range of lightning protection products to divert a strike away from the structure and equipment. These products are designed to prevent physical damage to people, structural damage to buildings and protect against internal system equipment failure. Get more details on lightning protection products: http://forum.nordicgames.at/members/179160-MaxLewis"}
{"_id": "29397", "title": "", "text": "\"But I have been having a little difficulty to include the expenditure in my monthly budget as the billing cycle is from the 16th to 15th of the next month and my income comes in at the end of the month. Many companies will let you change the statement date if you want, so one way to do this would be to request your bank to have statements due at the end of the month or first of month. You can call and ask, this might resolve your problem entirely. How can I efficiently add the credit card expenditure to my monthly budget? We do this using YNAB, which then means our monthly budget is separate from our actual bank accounts. When we spend, we enter the transaction into YNAB and it's \"\"spent.\"\" Additionally, we just pay whatever our credit card balance is a day before the end of the month so it is at $0 when we do our budget discussion at the end of each month.\""}
{"_id": "29399", "title": "", "text": "Re #2, consider an account at a credit union rather than a bank or brokerage firm. Whether you choose a savings account or a money market account, you're likely to get an account with lower fees (so it doesn't cost you money), and rates that are typically similar."}
{"_id": "29400", "title": "", "text": "This is only true for countries where we don't have a tax treaty. If we have a tax treaty with the country then you would get foreign tax credits if you repatriated the money. The reason US corporates do this is because US corporate tax rate is the second highest effective rate in the world at ~40% depending on the state you're hq'd in.   So, if they want to repatriated cash from Canada they'd repatriate at the US rate and then receive foreign tax credits for the amount they paid in Canadian taxes. On balance they'll have just paid the US rate."}
{"_id": "29404", "title": "", "text": "What a mindfuck.  Human consciousness is something I can't quite wrap my head around.  How about an intermediate scenario -- what if whole-head transplants could be performed onto cyborg bodies such that no duplication of the mind was necessary?  Would that somehow be closer to a transfer of *this* you?"}
{"_id": "29494", "title": "", "text": "Can confirm. It's why most innately creative industries like advertising, film, architecture and so on have a process that keeps criticism--and critical people--out of initial concept development. The bitchers are kept out as long as possible so good ideas can be nurtured to selling size before the bureaucrats murder them in their cradles."}
{"_id": "29502", "title": "", "text": "You pay taxes on any gains you make after selling, so if you buy and hold you won't pay taxes (and you should hold for more than a year so that it gets taxed at the long-term rate, not the short-term rate). I like ETFs, there are some good ones Vanguard offers that are fairly broad, or you can use something like www.Betterment.com which invests in a diversified portfolio of ETFs (and includes things like automatic re-balancing and tax-loss harvesting)."}
{"_id": "29511", "title": "", "text": "\"Tell me about it.  Although I have a Sony little 40\"\" and I have to say I am very happy with it.  I got it as they were phasing out the previous year models, and while it doesn't have 3-d the picture quality on 2D is actually very good.  I am told the speakers are not great, but I have surround sound anyway, and I think I have used the speakers 1 time, and that was only to check to see if they worked.    I still know people who use MD players for professional recording.  (althought the last I heard of that was a few years ago, so not sure about now).\""}
{"_id": "29517", "title": "", "text": "The bare minimum should be 6-months of expenses.  Ideally, it should be at least 1 year.  My personal preference is 2+ years, but one thing at a time. Figure out your necessary expenses: food, shelter, transportation and necessary extras.  An example of a necessity, beyond the basics, for me is a decent internet connection.  Telephone costs is another good example.  (Meanwhile, electricity and such bills should be included in the figure for shelter.) You may want to include some allowance for clothing as well; especially for the 2+ year plan."}
{"_id": "29519", "title": "", "text": "No, but it's not crazy out of reach of the salaries you listed, either.  Heck, you even made a provision for $250k.  And it's certainly over the $100k threshold.  But sure, if all you are is a worker bee you're not going to make that.  As long as you're quoting developer salaries, you're not going to make that.  The question is where you go after being a developer, if you ever move past that.  And yeah, there's a big difference in the number of people that make 100 vs 300."}
{"_id": "29530", "title": "", "text": "\"&gt; It is amazing to me how \"\"middle class\"\" can spend hundreds of thousands of dollars and not spend even a few thousand to get some real advice.  i have seen to many ''middle class'' buy a $100k+ house and not even spend $1000 on a decent home inspection...\""}
{"_id": "29535", "title": "", "text": "Be honest with them and let them know exactly what is expected. Act like they are part of a team and that they are as important as you are. Ask for their input and give them credit for their work.  Thants all. Good luck."}
{"_id": "29540", "title": "", "text": "**Stanford marshmallow experiment**  The Stanford marshmallow experiment was a series of studies on delayed gratification in the late 1960s and early 1970s led by psychologist Walter Mischel, then a professor at Stanford University. In these studies, a child was offered a choice between one small reward provided immediately or two small rewards (i.e., a larger later reward) if they waited for a short period, approximately 15 minutes, during which the tester left the room and then returned. (The reward was sometimes a marshmallow, but often a cookie or a pretzel.) In follow-up studies, the researchers found that children who were able to wait longer for the preferred rewards tended to have better life outcomes, as measured by SAT scores, educational attainment, body mass index (BMI), and other life measures.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "29548", "title": "", "text": "Assumptions made for this answer, they may not be true for anybody:  For the numbers part we will assume you are single and make 96,000 per year. Unknowns: how long you have to wait post accumulation to convince the bank you really do make $96,000 per year."}
{"_id": "29563", "title": "", "text": "Wesley gave a great answer and a follow up comment.  Heed his advice. If you cannot make ends meet by working two jobs, either you are working very few hours or you have a spending problem.  I feel it is more of a spending problem as you should have been able to complete your program and stay within the FAFSA limit. This is a tough situation of your own making.  If you are at UNC and an engineering student, you have a good mind.  You should use it to find a solution.  Then learn the lessons and do not make those decisions again.   While many people in authority told you that it was a good idea to go to school on student loans one of the paramount lessons to learn is that sometimes those people give bad advice.  In your case that is exactly what happened."}
{"_id": "29567", "title": "", "text": "what he doesnt mention is that when American was GREAT was largely the 50's and 60's .. a period characterized by stellar tax rates.  in 1944, FDR set the top marginal tax rate at 94% (for anything over today's equiv of $400k salary), and a corporate tax rate of 70%.   Cutting corporate tax rates, when ppl don't have any more to spend, will only create bigger CxO pay packets. What is happening today is that the extra profits are being used for buying back stock (not reinvesting bc nobody can buy more). That benefits only the top 0.01% of the population.  But the real worry is that these inflated stock prices are a mirage. Inside the companies are not doing any better. Soon its all going to collapse like a pricked balloon. Made worse by the lowering of tax rates. So much for MAGA."}
{"_id": "29571", "title": "", "text": "how are the ways he could scam me? There are hundreds of different ways the scam can progress ... broadly;"}
{"_id": "29574", "title": "", "text": "I don't understand why they couldn't just put google maps and apple maps side by side, even if they changed the default app to Apple's at least they wouldn't have pissed people off who depended on Google's services (like transit)"}
{"_id": "29578", "title": "", "text": "And people call me crazy because I want Seth Rich's murder investigated! Lol   Lol so Seth Rich being murdered for political gain is a crazy conspiracy theory, but Amazon is TOTALLY taking underlying control of the economy. Serious business discussion going on here /s lol."}
{"_id": "29582", "title": "", "text": "Amazon has built an incredible logistical infrastructure that's better than anything the retail world has seen. Even Wal-Mart can't come close to matching it.   Whole Foods, on the other hand, is a mess. That's why they were struggling to compete against other big supermarket chains who started offering organic foods too.  The efficiency savings alone should bring down prices even if the product selection remains the same."}
{"_id": "29590", "title": "", "text": "\"In my area, the prices are actually fairly comparable (for produce) but WF's is definitely better quality.   Where WF gets expensive is with meats (because so many are grass fed, organic, etc.) and with anything prepared/frozen. (Again, organic, gluten-free, etc.)  So if you're using Whole Foods as a \"\"healthier\"\" replacement for a diet that consists of lots of frozen pizza, meat, etc. then Whole Foods will be exorbitant.  I primarily use it for getting quality produce (when it's not farmshare season), bulk stuff like rice, and for occasional splurges like a nice piece of fish.\""}
{"_id": "29595", "title": "", "text": "I've noticed that most people start new jobs just before the holidays for a different reason:  A lot of departments find themselves in a position where they need to finally get around to spending the rest of their staff budget or risk losing it next year;  so a lot of hiring happens at the end of the year, especially of contractors."}
{"_id": "29617", "title": "", "text": "No, any gifts you receive are not taxable to you. In fact, losing money in a scam (as this sure sounds like to me) can even be tax-deductible if you lose enough! I wouldn't recommend accepting anything. Usually people with millions are dollars are capable of setting up their own bank accounts."}
{"_id": "29620", "title": "", "text": "Many of us believe that brushing and flossing twice daily is enough for us to maintain proper oral health which is why we do not bother to even visit the dentist; however, it is important that we do that so that we know if we are facing any infection or cavities so that it can be cured at the initial stage."}
{"_id": "29622", "title": "", "text": "\"No, it's not.  Not in the long run.  Productivity growth has a natural limit as well - this has been widely published and discussed.  That's why I started out by clearly saying \"\"in the long run\"\".  Furthermore, productivity has only increased something like 6x in the last 100 years - that's significant, but not as much as population growth.\""}
{"_id": "29634", "title": "", "text": "Recognizing his achievements as a young entrepreneur, Kushagra Nayan Bajaj was honored as a recipient of the `Young Achiever\u2019 award by the jury of the 10th Rajiv Gandhi Awards in August 2007. Prior to this, India Today, in its Youth Special issue of January 2005, titled `Young Guns\u2019, acknowledged him as a leader of India\u2019s Gen Y, displaying the abilities of an agent of change and an ambition made of sterner resolve. He was also nominated for the prestigious Padma Shri Awards 2011 conferred annually by the Government of India."}
{"_id": "29636", "title": "", "text": "\"break new ground  \"\"band aid\"\"  \"\"on the back burner\"\"  \"\"a lot on your plate\"\"  \"\"knowledge transfer\"\"  \"\"fire drill\"\"  Man, I do NOT miss working there.   The annoying part was being \"\"called to serve\"\" at any given moment. I was good about that, I tend to half-remember what's going on, but I've had co-workers caught with their pants down (so to speak, though who knows...)  \"\"Rob, you've been working on ______ ,what do you think about _____?\"\"  ...  \"\"...Rob?\"\"  \"\"Well, it looks like we lost Rob.\"\"  **5 minutes later**  \"\"SORRY GUYS I HAVE CHILDREN AND USE THEM AS AN EXCUSE FOR EVERYTHING.\"\"  The man got promoted and became my boss. I immediately quit.\""}
{"_id": "29642", "title": "", "text": "Some of the ETFs you have specified have been delisted and are no longer trading.  If you want to invest in those specific ETFs, you need to find a broker that will let you buy European equities such as those ETFs.  Since you mentioned Merrill Edge, a discount broking platform, you could also consider Interactive Brokers since they do offer trading on the London Stock Exchange.  There are plenty more though.  Beware that you are now introducing a foreign exchange risk into your investment too and that taxation of capital returns/dividends may be quite different from a standard US-listed ETF. In the US, there are no Islamic or Shariah focussed ETFs or ETNs listed.  There was an ETF (JVS) that traded from 2009-2010 but this had such little volume and interest, the fees probably didn't cover the listing expenses.  It's just not a popular theme for North American listings."}
{"_id": "29674", "title": "", "text": "They also tranche their loans just like the bonds in the housing crisis, which freaked me the fuck out when I heard it. Asked one of the main Sofi guys presenting at an event (think he works with the 4 founders about his answer and he basically just said the quality of the loans going in will keep them save. It seemed like a semi complete answer, one that I would never know unless I got an inside look at how rigid their loan process is and if it holds up when they are having a low month of inflows."}
{"_id": "29721", "title": "", "text": "Fair enough. I was just trying to save them money.  If it were me, I'd call up the dealer first and threaten to contact local media if they didn't void the contract.  In the end though a lawyer is probably the best bet. Even just having them write a letter to send over would probably get them to nullify it."}
{"_id": "29729", "title": "", "text": "So extenuating circumstances might make it OK for someone to lie to you.    In this specific case, BofA withheld material information from its shareholders and asked them to approve the merger on the basis of known false information.  This is, by definition, fraud."}
{"_id": "29761", "title": "", "text": "\"There has been almost no inflation during 2014-2015. do you mean rental price inflation or overall inflation? Housing price and by extension rental price inflation is usually much higher than the \"\"basket of goods\"\" CPI or RPI numbers. The low levels of these two indicators are mostly caused by technology, oil and food price deflation (at least in the US, UK, and Europe) outweighing other inflation. My slightly biased (I've just moved to a new rental property) and entirely London-centric empirical evidence suggests that 5% is quite a low figure for house price inflation and therefore also rental inflation. Your landlord will also try to get as much for the property as he can so look around for similar properties and work out what a market rate might be (within tolerances of course) and negotiate based on that. For the new asked price I could get a similar apartment in similar condos with gym and pool (this one doesn't have anything) or in a way better area (closer to supermarkets, restaurants, etc). suggests that you have already started on this and that the landlord is trying to artificially inflate rents. If you can afford the extra 5% and these similar but better appointed places are at that price why not move? It sounds like the reason that you are looking to stay on in this apartment is either familiarity or loyalty to the landlord so it may be time to benefit from a move.\""}
{"_id": "29790", "title": "", "text": "\"You could convert your Australia cash to US dollars in cash now through a Foreign Currency provider like Travelex or UAE Exchange. To convert to USD cash right now, here's the rate you're looking at with both providers: The downside with either converting to cash now, or getting a \"\"cash passport\"\" like my other answer is you're not earning any interest on your cash. Alternate Option Anther idea is to just leave your cash in an Australian bank earning interest, and get credit card that has no Annual Fee and Free Foreign Currency Conversions. That way, use that credit card to make purchases while in the USA, and the currency conversion will happen at the time of the transaction using the credit card issuer's Bid/Offer spread. This is what I do. The credit card I use in the Bank West Platinum Zero Mastercard. Just make sure you pay the full amount off the card when the bill comes (not the minimum) to avoid paying any interest on the card's balance. The current conversion they give for a USD transaction is:\""}
{"_id": "29798", "title": "", "text": "Something tells me the people buying Tesla aren't doing it because they care about the environment... It's more of a side effect.  There's definitely a subset that do but everyone I know around DC who's on the list (and it's at least a few dozen) want the status symbol.  Tesla is an icon at this point and if it was a $20k, 500mi range econobox, I guarantee none of these people would be buying despite how much better that would be as a car."}
{"_id": "29812", "title": "", "text": "My Finances is a personal finance app for iPhone and iPad. The app uses iCloud to sync the data between your devices if you want to. Otherwise the data is only local and won't be synced to any server. Spoiler: I'm the developer and my opinion may be biased."}
{"_id": "29813", "title": "", "text": "If they have your account numbers (which are necessary for direct deposits) they could possibly initiate ACH withdrawals from your accounts too (requires some setup but they may have accomplices). Note that even if you didn't have money there, depending on the local bank rules you may be still on the hook for overdrafts they create, at least by default. You may be able to prove later that this was fraud but the burden of proof will be on you, and in the meantime they might be gone with the money.   They could use your documents to either establish other accounts in your name (identity theft) or take over your accounts (e.g. by contacting customer service of the bank and claiming to be you, and presenting the documents you sent as a proof), request credits under your identity (possibly using the money on the account as a collateral since the bank may not know where the money is from), etc. This is even easier given you will give them all the documents and information needed for a loan, your signature, etc.  And the fact that they ask you to send documents to a specific address doesn't mean they could be found at that address when the problems start - it may be rented short-term, belong to either knowing or unknowing accomplice, be a forwarding service, etc. Could be money laundering of course too. That's just what comes to mind after a short while thinking about it."}
{"_id": "29817", "title": "", "text": "\"You may be considered a resident for tax purposes. To meet the substantial presence test, you must have been physically present in the United States on at least: 31 days during the current year, and       183 days during the 3 year period that includes the current year and the 2 years immediately before. To satisfy the 183 days requirement, count:           All of the days you were present in the current year, and           One-third of the days you were present in the first year before the current year, and           One-sixth of the days you were present in the second year before the current year. If you are exempt, I'd check that ending your residence in Germany doesn't violate terms of the visa, in which case you'd lose your exempt status. If you are certain that you can maintain your exempt status, then the income would definitively not be taxed by the US as it is not effectively connected income: You are considered to be engaged in a trade or business in the United States if you are temporarily present in the United States as a nonimmigrant on an \"\"F,\"\" \"\"J,\"\" \"\"M,\"\" or \"\"Q\"\" visa. The taxable part of any U.S. source scholarship or fellowship grant received by a nonimmigrant in \"\"F,\"\" \"\"J,\"\" \"\"M,\"\" or \"\"Q\"\" status is treated as effectively connected with a trade or business in the United States. and your scholarship is sourced from outside the US: Generally, the source of scholarships, fellowship grants, grants, prizes, and awards is the residence of the payer regardless of who actually disburses the funds. I would look into this from a German perspective. If they have a rule similiar to the US for scholarships, then you will still be counted as a resident there.\""}
{"_id": "29828", "title": "", "text": "I can think of three things you might do: Talk to a fee-only adviser. As the comments suggest, this would only be one or two sessions to lay out what all you have, establish what you want it to do, and write a plan that you are comfortable carrying out yourself. What do your 401k and Roth IRA look like? If you mean for this money to be long-term, then your retirement portfolio might be a good place to start. I don't currently own them, but one of my personally hobby horses is I-Series Savings Bonds, commonly called I Bonds. Even in the current low interest rate environment, they are a good deal relative to everything else out there. I summarized this more fully in my answer to another question. You can invest up to $10,000 per SSN per year, and the interest rate is the sum of a fixed rate plus a floating rate based on CPI. Currently the fixed rate is 0%, but the floating rate is better than what you can get from most other cash-like instruments."}
{"_id": "29835", "title": "", "text": "I wouldn't stress out too much about what you call the category. As long as it makes sense to you and your tax accountant it should be fine. Besides, it's usually pretty easy to rename a category in the future. Just for reference, my accountant set up my categories (also for S-Corp) like this (though this was 8 years ago but I still use them today):"}
{"_id": "29844", "title": "", "text": "If you have quoted an incorrect number, and the transfer has happened, it cannot be reversed. The funds are already with the individual and bank cannot debit the individual without his authorization. The best course for you is to try get the details of the individual and see if the funds can be moved to the correct account."}
{"_id": "29849", "title": "", "text": "I just listened to a podcast on this topic this week, and Satanicpuppy is pretty much correct. If you are interested, here is a link to the podcast on Legal Lad: Can Businesses Refuse to Accept Cash?"}
{"_id": "29886", "title": "", "text": "\"Actually that statistic (whether it is 9/10 or 95% or 99%) is often VERY misquoted AND it is both overstated AND extremely misleading.  * First of all the ratio/percentage of even the \"\"urban myth\"\" that \"\"everyone knows\"\" is purportedly **over a 5 year period of time** not a single year.  * Secondly, just because a business has closed down or ceased to exist sometime prior to the 5 year mark, does NOT necessarily mean that it was a \"\"failure\"\" (and definitely not necessarily a \"\"bankruptcy\"\").  * Third, it does not mean that all of the initial investment went \"\"poof\"\" -- **that may be true for high-tech startups** (especially the dot-com/dot-bomb con operations whose business \"\"plan\"\" resembles the [South Park Underpants Gnomes \"\"plan\"\"](http://upload.wikimedia.org/wikipedia/en/d/dd/Gnomes_plan.png) more than anything else) -- but that is NOT necessarily true of the rest of the business world.  Consider by contrast how many EMPLOYEES are still in the same JOB five years later (per data [the *average* job tenure in the US is now 4.6 years](http://www.marketwatch.com/story/americans-less-likely-to-change-jobs-now-than-in-1980s-2014-01-10), which is actually UP from 3.7 years in 2002, and 3.5 years in circa 1983).  The vast majority of small businesses (and the sheer volume\\* skews the totals) are essentially that: they are job *replacement* (or even job *supplement*) businesses, which chiefly consist of the owner/operator being \"\"self-employed\"\" (or part-time self-employed \"\"on the side\"\") for a year, two years, and possibly longer.  Occasionally they will then (often temporarily) employ others as well; but the primary goal is to provide a simple \"\"income\"\" for the owner/operator.  **And there is nothing WRONG with that.**  Nor is there anything wrong with the person then ENDING that \"\"business\"\" and moving on... to another (different name, different field) business... or taking a job with some company (which they may have previously worked for on a contract basis with the \"\"business\"\", etc).  The idea that ALL businesses somehow *should* \"\"endure forever\"\" and continue to grow forever (as if they were all destined to be Giant Sequoia trees) is actually *rather warped and delusional...* it ignores the real world, and the fact that most flora is NOT \"\"giant trees\"\" but rather small bushes and plants -- and for small businesses, being \"\"nimble\"\" (and profitable) often means the opposite: knowing when to get OUT of a market or business is just as important (indeed can be MORE important) than knowing when to get INTO it.  \\*EDIT: As a further note on the \"\"volume\"\" you have to also add in the large number of *business \"\"ideas\"\" that spawn an LLC, but then went nowhere* companies (especially these days when starting an LLC in many states is simply filling out a form online and paying a filing fee) -- IOW the \"\"business\"\" may have had a temporary \"\"legal\"\" existence (name, probably a reserved domain name, maybe even a logo, etc.), but when it comes to reality -- actual investment in assets and conducting business operations (of any type) -- well, a lot of the \"\"horses\"\" never even make it past the gate... and that too skews the numbers in many studies.  ---  Note that here is another take on the point:  http://www.washingtonpost.com/blogs/fact-checker/wp/2014/01/27/do-9-out-of-10-new-businesses-fail-as-rand-paul-claims/  &gt;As far as we can tell, **there is no statistical basis for the assertion that nine out of 10 businesses fail.** It appears to be one of those nonsense facts that people repeat without thinking too clearly about it. Here are some basic questions to ask when assessing such a factoid:  &gt;1. What\u2019s the time frame? Two years, five years, 10 years? That can make a big difference. &gt;2. Does \u201cfail\u201d mean that it goes out of business because it was not financially viable? Or does that also include data about successful enterprises that merge with another company? &gt;3. Wouldn\u2019t failure rates be different for some industries than others? Does it make sense to lump all businesses together?  &gt;There have been a number of studies that have looked at this issue. This chart, from Web site designer smallbusinessplanned.com, summarizes the results of three different studies. Basically, after four years, 50 percent of the businesses are open. As time goes on, the success rate decreases, but it never gets to a failure rate of \u201cnine out of 10.\u201d  &gt;[...]  &gt;Even this does not show the whole picture. As Brian Headd, an economist at the Small Business Administration, demonstrated in a 2002 study for Small Business Economics, **about one\u2013third of closed business were actually successful when they \u201cfailed.\u201d**  &gt;\u201cThe significant proportion of businesses that closed while successful calls into question the use of \u2018business closure\u2019 as a meaningful measure of business outcome,\u201d the study says. \u201cIt appears that **many owners may have executed a planned exit strategy,** closed a business without excess debt, sold a viable business, or retired from the work force.\u201d  Now that doesn't necessarily mean that Rand Paul's point is WRONG (he is chiefly talking about government investing in HIGHLY LEVERAGED, HIGH-RISK, HIGH-TECH businesses, which are a different story) -- but it does mean that the statistic he is citing (general business failure rate) is an urban-myth-falsehood, however commonly-believed, or commonly-restated.\""}
{"_id": "29890", "title": "", "text": "Sedation You should note that you will be under dental sedation (often via a local anesthetic) whenever you have a wisdom tooth removed, so it\u2019s best to prepare for it, preferably by bringing along someone who can drive you home after the procedure."}
{"_id": "29891", "title": "", "text": "Our compensation is pretty typical for a study like this.  And, it's actually frowned upon by the IRB to offer too much, because it runs up against ethical concerns for coercion to participate in studies.  Given the population for this study, of course, we also added the raffle for the Oculus Rift, as something that might actually interest people.  And, along with the value of supporting research to improve financial decisions, we hope this is sufficient motivation for some people to enroll!  (So far, so good!)    In my experience, people have all sorts of reasons for participating in research.  A lot of people who do our studies tell us that its just kind of fun -- and the small monetary compensation is a nice quantitative indicator of how well they perform.  One related topic is Amazon Turk, where people do tasks for incredibly small amounts.  Surprisingly, statistics show a very wide distribution of education and income levels for these participants.  Honestly, I'm not quite sure why people sign up for that site.  People just have all sorts of reasons for doing things.  In sum:  we're not embarrassed by the size of our compensation!  But seriously, we really appreciate the feedback, and I'll definitely be sharing your comments with our lab director for the next time."}
{"_id": "29896", "title": "", "text": "Wants to configure your router setting? If yes, then use routerlogin.net web address for Netgear router. If you face any issue then simply take assistance from us. We are providing 24/7 customer support on toll free number. Call right now."}
{"_id": "29983", "title": "", "text": "I think we're way past the stage where anyone can claim that. Tablets have very wide application from hospitals, child care, education, sales, flying planes and restaurants to name a few. Wearables are still unproven; c'mon app1e!"}
{"_id": "29984", "title": "", "text": "Maybe, but having one increases the risk of gun accidents and is a real risk if someone in your home has mental health issues, and those are statistically far more likely than defending yourself for home invaders or protecting yourself from the breakdown of society.  If you aren't someone who genuinely enjoys hunting or range shooting, it's kind of silly to own one."}
{"_id": "30006", "title": "", "text": "\"I think that your best option is to use the internet to look for sites comparing the various features of accounts, and especially forums that are more focused on discussion as you can ask about specific banks and people who have those accounts can answer. \"\"Requests for specific service provider recommendations\"\" are off-topic here, so I won't go into making any of my own bank recommendations, but there are many blogs and forums out there focusing on personal finance.\""}
{"_id": "30037", "title": "", "text": "\"Yes. A most emphatic yes.  I suggest you look at your 2014 return and project what 2015 will look like. I'd convert enough to \"\"top off\"\" the 15% bracket. Note, if you overshoot it, and in April 2016, see that you are say $5K into the 25% rate, you can just recharacterize the amount you went over and nail the bracket to the dollar.  If you have the time and patience, you can convert into 2 different Roth accounts. One account for one asset class, say large cap stocks/funds, the other, cash/bonds. In April, keep the account that outperformed, and only recharacterize the lagger. Roth Roulette is my name for this strategy. It's risk free, and has the potential to boost the value of your conversions.  Edit - To be clear, you are permitted to recharacterize (undo) any or all of the converted amount. You actually have until tax time (4/15 or so) plus the 6 month extension. You can recharacterize for any reason - A personal anecdote - I manage my mother in law's money. She is well under the 25% bracket cutoff. Each year I convert, and each April, recharacterize just enough to be at the top of the 15% bracket. Over $100K has been shifted from Traditional IRA to Roth by now. Taxed at 15% so her daughters will 'not' pay 25% when they withdraw. $10K in tax saved from uncle sam, for my effort of filling out paper twice a year for 12 years now. Well worth my effort.\""}
{"_id": "30044", "title": "", "text": "Your debt is insane.  Forget investing, pay off your debt.  You owe 100% of your salary, with only one smallish asset (6K in the bank).  Sure you have a car, but the value of the car is falling rapidly and can be taken to near zero by a simple accident.  Once you have your debts paid off (or at least to a reasonable level) you can think about investing.  The 401K is the best place to start as you alluded to. Okay so you have some money left over and you want to do some other investing.  What is the goal of that investing?  If your desire is to learn about the stock market, and play a bit, then sure, by a few shares of some hot stock.   If your goal is to buy a house, then a savings account is probably best. It all depends on what you want to do."}
{"_id": "30068", "title": "", "text": "I love you guys, you\u2019re the most honest and hard working taxi drivers I\u2019ve ever met.  People come to Siem reap two ways, by air and via the boarder from Thailand.  When I was there the busses would drop you off at Poipet and you would have to hire a car to take you the rest of the way.  Now the busses go direct.  People via land don\u2019t plan out much.  I would have said years ago to get a contact in Poipet to hand out flyers.  Now it\u2019s different.  I would work out deals with bus drivers and hotels.  Another idea would be to find maybe four other drivers and start a company.  I would advertise this company on trip advisor, and the other travel sites.  You will have better luck as a conglomerate of people rather than one guy.   The key is to get the client before anyone else snatches them up.  To keep the client you should learn as much about Angkor Wat as you can and double as a tour guide.  My driver just went to sleep after he dropped us off.  Know the best restaurants, don\u2019t take them to places that give you kickbacks, really look out for the client.  You need to be more than just a driver.  You are their tour guide.  Make them feel safe and give them your knowledge."}
{"_id": "30070", "title": "", "text": "I often sell covered calls, and if they are in the money, let the stock go. I am charged the same fee as if I sold online ($9, I use Schwab) which is better than buying back the option if I'm ok to sell the stock.  In my case, If the option is slightly in the money, and I see the options are priced well, i.e. I'd do another covered call anyway, I sometimes buy the option and sell the one a year out.  I prefer to do this in my IRA account as the trading creates no tax issue."}
{"_id": "30072", "title": "", "text": "\"There are only three circumstances where building your own \"\"index\"\" portfolio make sense, in my opinion.\""}
{"_id": "30090", "title": "", "text": "There are several reasons why credit cards are popular in the US: On the other hand, debit cards do not have any of these going for them.  A debit card doesn't make much money for the bank unless you overdraw or something, so banks don't have incentive to push you to use them as much.  As a result they don't offer rewards other benefits. Some people say the ability to spend more than you have is a downside of a credit card.  But it's really an upside.  The behavior of doing that when it isn't needed is bad, but that's not the card's fault, it's the users'.  You can get a credit card with a very small limit if this is an issue for you. The question I find interesting is why debit cards are more popular in your home country.  I can't think of any advantage they offer besides free cash back.  But most people in the US don't use cash much either.  I have to think in your home country the banks have a different revenue model or perhaps your country isn't as eager to offer tons of easy credit to everyone as the US is."}
{"_id": "30093", "title": "", "text": "Supplier of Talc Powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php Shri Vinayak Industries is a very popular Supplier and Manufacturer of Talc Powder. We are offering supreme quality and a wide range of Talc Powder that is manufactured and processed from best raw material. Talc Powder is a type of mineral that is known as hydrated magnesium silicate scientifically and it naturally occurs in crystalline form. Our Talc Powder product is well known for its best quality and affordable prices. We provide ideal quality of soap stone powder. We are providing fruitful deals to the clients as we provide them at reasonable rates."}
{"_id": "30120", "title": "", "text": "\"Bank for International Settlements (BIS) are the guys in Switzerland that came up with the Basel accords and gave us fun things like Capital Adequacy Ratios and kept bankers constipated for the last decade.  It seems According to them, the bankers have been up to no good again and have been engaging in bank to bank currency swaps and derivative swaps in a manner that has allowed them to by pass regulatory safe guards and hide the debt off balance sheet, and a situation is occurring where they have to pay back their debt before the debt that is owed to them matures and that could lead to a credit crunch and liquidity crisis.  The trigger they feel for this could be a rise in inflation in the US which would lead to the Fed raising rates or an unforeseen shock to the dollar that would tighten the market.   \"\"Signs of excess are visible everywhere. \u201cCorporate debt is now considerably higher than it was pre-crisis. Leverage indicators have reached levels reminiscent of those that prevailed during previous corporate credit booms. A growing share of firms face interest expenses exceeding earnings before interest and taxes,\u201d said the report.  Up shit creek and its in danger of popping\""}
{"_id": "30124", "title": "", "text": "&gt; If you aren't ivy league you have no hope of getting on wall st in front office.  BB associate here coming in to confirm this.  Front office wall st is comprised of 2 types of people.    1* Tier 1 (Ivy, 4.0 UChicago, London School of Econ, 4.0 NYU, etc)  undergrads who didn't make it into HF's and are looking for exp so they can move into HF realm.  These are usually interns from junior/sr summer that are now on 2 year analyst rotation programs (usually 4 rotations of 6 months).  2* MBA/MS and CFA Charterholders with past experience in capital markets.  This means they have already been working at a BB whether it was in relationship management or middle office."}
{"_id": "30125", "title": "", "text": "\"Have you avoided business articles, family bbqs, and friends for the past 20 years? Have you ever shopped anywhere else?    This is a comment a best buy executive would make. \"\"Oh it's bad? It works for me...could you tell me what's wrong?\"\"    (Not that you're a spy. Or arrrreeeee youuuuu...)\""}
{"_id": "30133", "title": "", "text": "\"I think a the thing with depression and recession is just what he uses  to define those economic statuses. He says at the begining that his thinking on the subject is what he uses and might not be conventional. Interest rates falling to near 0% might be the most common cause of a depression among others and why he chose to talk about it.   &amp;nbsp; For the different methods of depression recovery I beleive he was trying to say that the path to a \"\"beautiful devleraging\"\" requires balance. Certaintly the deflationary tactics have there own merits, and are not solely for the purpose of offsetting the inflationary methods, but a balance of everything is the most crucial factor for an efficient recovery.\""}
{"_id": "30142", "title": "", "text": "I think your reasons are good. Fundamentally accounting software is built to ensure you record your accounting data effectively with minimal mistakes and good auditing. But you still need to use the tool properly to get the benefit. One other advantage is that many accountants are familiar with, say QuickBooks, and can do your accounts more effectively if you use their preferred tool."}
{"_id": "30155", "title": "", "text": "If you're trying to teach them the value of money and quantifying the dollar difference between prices, one very effective way to do this is by using bar charts. For instance, if a toy is $5, and movie they really want to see is $10, and a vacation they want to go on costs $2000, it can be a useful tool to help explain how the relative costs work."}
{"_id": "30159", "title": "", "text": "The expense fees are high, and unfortunate. I would stop short of calling it criminal, however.  What you are paying for with your expenses is the management of the holdings in the fund. The managers of the fund are actively, continuously watching the performance of the holdings, buying and selling inside the fund in an attempt to beat the stock market indexes. Whether or not this is worth the expenses is debatable, but it is indeed possible for a managed fund to beat an index.  Despite the relatively high expenses of these funds, the 401K is still likely your best investment vehicle for retirement. The money you put in is tax deductible immediately, your account grows tax deferred, and anything that your employer kicks in is free money.  Since, in the short term, you have little choice, don't lose a lot of sleep over it.  Just pick the best option you have, and occasionally suggest to your employer that you would appreciate different options in the future. If things don't change, and you have the option in the future to rollover into a cheaper IRA, feel free to take it."}
{"_id": "30163", "title": "", "text": "You bought a rental property in 2001. Hopefully you paid fair value else other issues come into play.  Say you paid $120K. You said you have been taking depreciation, which for residential real estate is taken over 27.5 years, so you are about halfway through. Since you don't depreciate land, you may have taken a total $50K so far.  With no improvements, and no transaction costs, you have $50K in depreciation recapture, taxed at a maximum 25% (or your lower, marginal rate) and a cap gain of the 5-10K you mentioned. Either can be offset by losses you've been carrying forward if you suffered large stock losses at some point."}
{"_id": "30181", "title": "", "text": "No offense but ideas are cheap and easy to come by. Execution is the hard part.   I think your audience probably has plenty of ideas of their own that they need help implementing. Maybe your ideas could include that as well....."}
{"_id": "30183", "title": "", "text": "By most estimates, North Korea doesn't have an effective means of retaliating with a nuclear weapon. Further, its not like we were attacking North Korea even when they have repeatedly attempted to assassinate the leader of South Korea, shelled South Korea, or Torpoedoed one of their ships.   The thing that keeps them from being steamrolled is that no one wants to pay to fix their country afterwards."}
{"_id": "30191", "title": "", "text": "If it is closed, you should be able to trust that it is closed permanently. What you still have is the online account. Imagine this would be removed and then the account would be re-activated? That should not happen, but the way you see it, you must be afraid of that as well. What I mean to say: See these two things as completely separate."}
{"_id": "30196", "title": "", "text": "I actually like bdubs... the wings. and fried pickles at least. The rest of the menu blows, but if they did some beer specials and brought back wing Wednesday at a reasonable price, they'd be fine. Everyone I know that used to frequent there went when it was 30 cent wings. This wasnt too long ago and I'm pretty sure they've doubled in price since"}
{"_id": "30201", "title": "", "text": "You're talking about NQO - non-qualified stock options. Even assuming the whole scheme is going to work, the way NQO are taxed is that the difference between the fair market value and the strike price is considered income to you and is taxed as salary. You'll save nothing, and will add a huge headache and additional costs of IPO and SEC regulations."}
{"_id": "30209", "title": "", "text": "\"It's a risky \"\"investment\"\" given how capricious the government can be, and like another poster said... if you don't understand it and can't explain proof of work, cryptographic hashes, and how and why there's a limit to total BTC ever, as well as changing difficulty to PoW, and what implications that those things *might* have...\""}
{"_id": "30220", "title": "", "text": "\"fennec has a very good answer but i feel it provides too much information. So i'll just try to explain what that sentence says. Put option is the right to sell a stock. \"\"16 puts on Cisco at 71 cents\"\", means John comes to Jim and says, i'll give you 71 cent now, if you allow me to sell one share of Cisco to you at $16 at some point in the future ( on expiration date).  NYT quote says 1000 puts that means 1000 contracts - he bought a right to sell 100,000 shares of Cisco on some day at $16/share. Call option - same idea: right to buy a stock.\""}
{"_id": "30238", "title": "", "text": "The market can stay irrational longer than you can remain solvent -John Maynard Keynes The stocks could stagnate and trade in a thin range, or decline in value. You assume that your stocks will offer you ANY positive return for every month over 24 months. Just one month of negative returns puts you underwater. Thats whats wrong with it.  Even if you identified any stock that has been up every month for a consecutive 24 months in the past, there is nothing that says it will be so in the future, and a broad market selloff will effect both indexes as well as individual stocks.  Literally any adverse macroeconomic event in the next two years will put you underwater on your loan, no matter how much research you do on individual stocks."}
{"_id": "30240", "title": "", "text": "I think part of it is because we put our information on LinkedIn with intent that LinkedIn use it for a single purpose that is beneficial to us. And then LinkedIn - this is going to be shocking, brace yourself - uses it for that purpose, and both us and LinkedIn benefit.  I mean, call me nuts, but if LinkedIn uses my information to get me a new job that pays 20% more, and they make a few thousand bucks in the process, I'm not exactly going to begrudge it to them.  Meanwhile, Facebook sells my personal information to advertisers and tries to get me to spam my friends."}
{"_id": "30241", "title": "", "text": "I disagree that it is a silly way to do business. I think many industries are actually moving in the direction of MLM. The whole idea with a successful MLM like amway is that they spend no money on advertising. Did you know most companies spend about a third of their revenue back into advertising? Amway instead pays back that money as a bonus to their distributors. I can't remember which year off the top of my head but a couple years ago amway paid back over 4 billion dollars in bonus to their people. Now look at Uber, they are kind of cutting out the middle man also. Interesting right?"}
{"_id": "30250", "title": "", "text": "\"This is really two questions about yield and contents. Content As others have noted, an annuity is a contractual obligation, not a portfolio contained within an investment product per se. The primary difference between whether an annuity is fixed or variable is what the issuer is guaranteeing and how much risk/reward you are sharing in. Generally speaking, the holdings of an issuer are influenced by the average \"\"duration\"\" of the payments. However, you can ascertain the assets that \"\"back\"\" that promise by looking at, for example, the holdings of a large insurance or securities firm. That is why issuers are generally rated as to their financial strength and ability to meet their obligations. A number of the market failures you mentioned were in part caused by the failure of these ratings to represent the true financial strength of the firm. Yield As to the second question of how they can offer a competitive rate, there are at least several reasons (I am assuming an immediate annuity) : 1) Return/Depletion of Principal The 7% you are being quoted is the percent of your principal that will be returned to you each year, not the rate of return being earned by the issuer. If you invest $100 in the market personally and get a 5% return, you have $105.  However, the annuity's issuer is also returning part of your principal to you each year in your payment, as they don't return your principal when you eventually die. Because of this, they can offer you more each year than they really make in the market. What makes a Ponzi scheme different is that they are also paying out your principal (usually to others), but lie to you by telling you it's still in your account. :) 2) The Time Value of Money A promise to pay you $500 tomorrow costs less than $500 today A fixed annuity promises to pay you a certain amount of money each year. This can be represented as a rate of return calculated based on how much you have to pay to get that annual payment, but it is important to remember that the first payment will be worth substantially more in real purchasing power than the last payment you get. The longer you live, the less your fixed payment is worth in real terms due to inflation! In short, the rate of return has to be discounted for inflation, it is not a \"\"real\"\" rate of return. In other words, if you give me $500 today and I promise to pay you $100 for the next 5 years, I am making money not only because I can invest the money between now and then, but also because $100 will be worth less five years from now than it is today. With annuities, if you want your payment to rise in step with inflation, you have to pay more for that (a LOT more!). These are the two main reasons - here are a few smaller ones: 3) A very long Time Horizon If the stock market or another asset class is performing well/poorly, the issuer can often afford to wait much longer to buy or sell than an individual, and can take better advantage of historical highs and lows over the long term. 4) \"\"Big Boy\"\" investing A large, financially sound issuer can afford to take risks that an individual cannot, such as in very large or illiquid assets, such as a private company (a la Warren Buffet). 5) Efficiencies of scale Institutional investors have a number of legal advantages over individuals, which I won't discuss in detail here. However, they exist. Large issuers are also often in related business (insurance, mutual funds) such that they can deal in large volumes and form an internal clearinghouse (i.e. if I want to buy Facebook and you want to sell it, they can just move the stock around without doing any trading), with the result that their costs of trading are lower than those of an individual. Hope that helps!\""}
{"_id": "30253", "title": "", "text": "Fees mostly.  BOA, for example, just announced $5/month for for all debit cards.  Chase has foreign transaction fees, mostly hidden. BOA once famously raised interest rates on credit card holders to 28%, legally.  Also, some people do not like patronizing a bank with CEOs that bankrupt the company and then get multi-million dollar golden parachutes. Finally some people have a problem with banks or institutions that suspend accounts based on political or unproven legal proceedings (ala Wikileaks and BOA).  Credit unions are less like to be involved in this sort of activity since they are not privately traded, and as such they are not ruled by shareholders who demand bottom line results at all costs."}
{"_id": "30258", "title": "", "text": "\"In what sense do you think that RBC contributed to the subprime mortgage crisis? You seem to take that as a given without providing any evidence. Through their ownership, at the time, of RBC Bank in Raleigh? RBC came out of the 2008 crisis as one of the strongest banks in the world.  And I explained the nature of the temporary government cash infusion that happened while the world's credit markets were seized up. Calling it \"\"a bailout\"\" is just nothing less than misrepresentation. A \"\"bailout\"\" implies that mistakes were made by management. But that is not what happened.  And the bubbly property markets in Vancouver and Toronto is irrelevant to your point of supposedly \"\"fact-checking\"\" Flashboys.\""}
{"_id": "30259", "title": "", "text": "Here's what you can do: roll up your sleeves and get to work.  Work 2 or 3 jobs while you take 12 credit hours.  Live in the cheapest available housing (that is reasonably safe).  Have no social life.  Wake up, work, class, eat, work, study, sleep. Every day.  Don't eat at restaurants.  Eat only simple meals at home.   Every meal.  Have a car payment?  Get rid of your car and use public transit or get the cheapest running car possible.   One year of nothing but focused effort on paying for and finishing school.  If you can't earn enough to cover 14K on top of your basic living expenses, then you aren't working hard enough, or you have extenuating circumstances that make finishing your degree at this time infeasible."}
{"_id": "30260", "title": "", "text": "Once you start going down the bitcoin rabbit hole (I've tried not to go too far myself), two things become abundantly clear:  * It is the perfect vehicle to hide theft (including graft); * It is the perfect vehicle to circumvent currency controls (China).  For those two reasons alone you're likely to see *severe* controls - and if not controls, outright bans.  It would be nearly impossible to ban/eliminate bitcoin (or other cryptocurrencies), but the ecosystem necessary to sustain it could be crippled by such efforts."}
{"_id": "30261", "title": "", "text": "\"If the free market can fix a particular problem it's this one.  For years the baby boomers have been extolling the virtues of the free market to solve any problem.  After all the free market is the most efficient way of meeting infinite demand with scarce resources...or so I'm told - supply and demand...etc.  The problem the C suite is now realizing is this:  Once the baby boomers leave, that \"\"shortage\"\" will drive up prices/wages for those with the necessary skills.  It always happens when there is a labor shortage (revisit the .com boom of the late 90's).  Mahogany row will try like hell to avoid this, but it will happen.  Look for the business executives to pressure government to increase H-1B visas claiming that there are no workers with the necessary skills to be found here, so we must import workers.  Educating and training people takes time, and when your timeline based in quarterly earnings reports, you simply don't have time to educate and retrain.  So long as unemployment is high we should not be importing workers for ANY reason.  If executives see their talent pool retiring they need to open their wallets and pay market price for their replacements.\""}
{"_id": "30272", "title": "", "text": "Going the same route. Signing up with a prop shop with a 5k deposit, levered 20x, 100% commission, .003 (I think) fee per share. Studying for my S7 now. Basically, I'm using this as a proving ground and look to leverage this position for a more prestigious one at a prop shop that salaries/provides capital"}
{"_id": "30284", "title": "", "text": "People need to start going to prison for this.  That's the only way I'll go back to the market.  Earlier this year, I dumped all my securities and rolled it into real property.  I don't care if its value fluctuates.  It's tangible and has actual use.  The market is just a bunch of numbers, dripping with fraud, lies and bullshit."}
{"_id": "30289", "title": "", "text": "Not harsh enough in my book. I don't feel like going on a long diatribe but the money is spent poorly and few do anything of value. Society would be better off if the money was spent on infrastructure. But it's taboo to criticise because people mean well."}
{"_id": "30290", "title": "", "text": "You've still missed the point.  I said IQ has cultural bias. Based on your own sources you either believe that or you believe African Americans are stupider than whites.  Those are your choices.  Either the test has issues across cultures and races or black people are stupider than white people. Pick one and stick with it. There's no third option. Either blacks ate stupid or the test is broken. Stop pussyfooting around and say it."}
{"_id": "30296", "title": "", "text": "Whatsapp Application is either free or a paid application for iOS users, depending on the region. In India they charge $1 at the time of downloading the application. In the US, it's free for the first year, and then a $1 per year subscription (though the initial app download is free). This is one of their revenue sources which I know of."}
{"_id": "30299", "title": "", "text": "\"As indicated in comments, this is common practice in the US as well as EU.  For example, in this Fox Business article, a user had basically the same experience: their card was replaced but without the specific merchant being disclosed.  When the reporter contacted Visa, they were told: \"\"We also believe that the public interest is best served by quickly notifying financial institutions with the information necessary to protect themselves and their cardholders from fraud losses. Even a slight delay in notification to financial institutions could be costly,\u201d the spokesperson said in an e-mail statement. \u201cVisa works with the breached entity to collect the necessary information and provides payment card issuers with the affected account numbers so they can take steps to protect consumers through independent fraud monitoring, and if needed, reissuing cards. The most critical information needed is the affected accounts, which Visa works to provide as quickly as possible.\u201d What they're not saying, of course, is that it's in Visa's best interests that merchants let Visa know right away when a leak occurs, without having to think about whether it's going to screw that merchant over in the press.  If the merchant has to consider PR, they may not let the networks know in as timely of a fashion - they may at least wait until they've verified the issue in more detail, or even wait until they've found who to pin it on so they don't get blamed. But beyond that, the point is that it's easier for the network (Visa/Mastercard/etc.) to have a system that's just a list of card numbers to submit to the bank for re-issuing; nobody there really cares which merchant was at fault, they just want to re-issue the cards quickly.  Letting you know who's at fault is separate.  There's little reason for the issuing bank to ever know; you should find out from the merchant themselves or from the network (and in my experience, usually the former). Eventually you may well find out - the article suggest that: [T]he situation is common, but there is some good news: consumers do in many cases find out the source of the breach. But of course doesn't go into detail about numbers.\""}
{"_id": "30305", "title": "", "text": "Buy puts on stock holdings buy puts on indexes  look at volatility etfs and silver/gold etf s. Calling a market top is hard people hVe tried for 8 years now.  90 of protection via options expires worthless.  Who knows if we have another crash. I don't call tops or bottoms if we start falling then I'll look at protection and play the downside"}
{"_id": "30311", "title": "", "text": "\"You're in good shape as long as your income stays. Your only variable-rate debt now is your private student loan.  I think you'd be wise to pay that down first, and you sense that already. Worst-case, in the event of a bankruptcy, student loans usually cannot be discharged, so that isn't a way out. Once that loan is gone, apply what you were paying to your other student loan to knock that out. You might investigate refinancing your home (to another 30-year fixed).  You may be able to shave a half-percent off if your credit is stellar.  Given the size of the mortgage, this could be several thousand out of pocket, so consider that when figuring out potential payback time. Consider using any \"\"free time\"\" to starting up a side business (I'm assuming you both have day jobs but that may not be a correct assumption).  Start with what you know well.  You and your wife are experts in something, and have passion about something.  Go with that.  Use the extra income from that to either pay down your debts faster, or just reinvest in the business so that you can offset the income on your taxes. Again, you're in good shape.  Just do what you can to protect and grow your income streams.\""}
{"_id": "30316", "title": "", "text": "You should be recording the reimbursement as a negative expense on the original account the expense was recorded. Let's assume you have a $100 expense and $100 salary. Total $200 paycheck. You will have something like this In the reports, it will show that the expense account will have $0 ($100 + ($100)), while income account will have $100 (salary)."}
{"_id": "30319", "title": "", "text": "\"You are \"\"pool[ing] the sales from both houses as downpayment on the new house.\"\" But they are going to pay you rent.  Your question as it stands, just opens more questions. What, exactly is the ownership of the new house? If your's (and your wife's) was the money a gift?  Ignoring the gift, if that's what it is, and if the in-law suite is 25% of the house value, you have a rental. You claim 25% of the expenses, including property tax and mortgage interest, along with 25% of the utilities, unless their part has its own meters.  That's a start, if you add details, I may edit my answer. (Not to be pedantic, but whose parents are they. They can't be \"\"our in-laws,\"\" can they?)\""}
{"_id": "30322", "title": "", "text": "\"(Disclosure - PeerStreet was at FinCon, a financial blogger conference I attended last month. I had the chance to briefly meet a couple people from this company. Also, I recognize a number of the names of their financial backers. This doesn't guarantee anything, of course, except the people behind the scenes are no slackers.) The same way Prosper and Lending Club have created a market for personal loans, this is a company that offers real estate loans.  The \"\"too good to be true\"\" aspect is what I'll try to address. I've disclosed in other answers that I have my Real Estate license. Earlier this year, I sold a house that was financed with a \"\"Hard Money\"\" loan. Not a bank, but a group of investors. They charged the buyer 10%. Let me state - I represented the seller, and when I found out the terms of the loan, it would have been a breach of my own moral and legal responsibility to her to do anything to kill the deal. I felt sick for days after that sale.  There are many people with little credit history who are hard workers and have saved their 20% down. For PeerStreet, 25%. The same way there's a business, local to my area, that offered a 10% loan, PeerStreet is doing something similar but in a 'crowd sourced' way. It seems to me that since they show the duration as only 6-24 months, the buyer typically manages to refinance during that time. I'm guessing that these may be people who are selling their house, but have bad timing, i.e. they need to first close on the sale to qualify to buy the new home. Or simply need the time to get their regular loan approved.  (As a final side note - I recalled the 10% story in a social setting, and more than one person responded they'd have been happy to invest their money at 6%. I could have saved the buyer 4% and gotten someone else nearly 6% more than they get on their cash.)\""}
{"_id": "30324", "title": "", "text": "\"The time value of money is very important in understanding this issue.  Money today is worth more than money next year, two years from now, etc. It's a well understood economics concept, and well worth reading about if you have some, well, time. Not only is money literally worth more now than later due to inflation, but there is the simple fact that, assuming you have money for the purpose of doing something, being able to do that thing today is better than doing that same thing tomorrow.  \"\"A bird in the hand is worth two in the bush\"\" gets to this rather directly; having it now is better than probably having it later.  Would you rather have a nice meal tonight, or eat beans and rice tonight and then have the same nice meal next year? That's why interest exists, in part: you're offered some money now, for more money later; or in the case of buying a bond, you're offered more money later for some money now.  The fact that people have different discount rates for money later is why the loan market can exist: people with more money than they can use now have a lower discount for future money than people who really need money right now (to buy a house, to pay their rent, whatever).   So when choosing to buy a bond, you look at the money you're going to get, both over the short term (the coupon rate) and the long term (the face value), and you consider whether $80 now is worth $100 in 20 years, plus $2 per year.  For some people it is - for some people it isn't, and that's why the price is as it is ($80).  Odds are if you have a few thousand USD, you're probably not going to be interested in this - or if you have a very long term outlook; there are better ways to make money over that long term.  But, if you're a bank needing a secure investment that won't lose value, or a trust that needs high stability, you might be willing to take that deal.\""}
{"_id": "30326", "title": "", "text": "I'm talking about day trading here. Automated day trading never worked for me. But I will also admit I am terrible at automated day trading. I'm sorry if the premise of my post sounds off. I know it sounds like I'm being an idiot by not going the automated route, but it works for me and that's why I'm going to stick with my own techniques. Why change it if it's working?"}
{"_id": "30340", "title": "", "text": "How do I get into Harvard Business School? I'm starting my first year in college next year and had to pass up Harvard (dream school) and two other ivies to go to my state school for financial reasons.   I don't have to decide my major for two years. What should I do (classes, internships/work experience, major, etc.) to get into HBS? What tests do I need and what are the important parts of MBA application?    Also, what jobs open up to someone with an MBA. I understand that this is a good way to get into Investment Banking? What level/salary would I start at and what other jobs/fields/companies do MBAs get hired for.   What are other good business schools? How good is UVAs Darden?"}
{"_id": "30343", "title": "", "text": "\"You've asked a number of questions. I can answer a few. I've quoted your question before each answer.   What are the ins and outs of a foreigner like myself buying rental   property in Canada? This is a pretty broad question which can address location, finances, basic suggestions etc.  Here's some things to consider: Provincial considerations:  Some ins and outs will depend on what province you are considering and what area in that Province. If you plan on owning in Montreal, for example, that's in the province of Quebec and that means you (or someone) will need to be able to operate in the French language. There are other things that might be different from province to province. See stat info below. Canadian vs. US Dollar:  Now might be a great time to buy property in Canada since the Canada dollar is weak right now. To give you an idea, at a non-cash rate of 1.2846, a little over $76,000 US will get you over $100k Canadian. That's using the currency converter at rbcroyalbank.com.  Taxes for non-resident rental property owners:  According to the T4144 Income Tax Guide for Electing Under Section 216 \u2013 2015: \"\"When you receive rental income from real or immovable property in Canada, the payer, such as the tenant or a property manager, has to withhold non-resident tax at the rate of 25% on the gross rental income paid or credited to you. The payer has to pay us the tax on or before the 15th day of the month following the month the rental income is paid or credited to you.\"\" If you prefer to send a separate Canadian tax return, you can choose to elect under section 216 of the Income Tax Act. A benefit of this way is that \"\"electing under section 216 allows you to pay tax on your net Canadian-source rental income instead of on the gross amount. If the non-resident tax withheld by the payer is more than the amount of tax payable calculated on your section 216 return, [they] will refund the excess to you.\"\"  You can find this guide at Canada Revenue's site: http://www.cra-arc.gc.ca/E/pub/tg/t4144/README.html Stats: A good place for stats is the Canada Mortgage and Housing Corporation (CMHC).  So, if you are interesting in vacancy rates for example, you can see a table that will show you that the vacancy rate in Ontario is 2.3% and in British Columbia it's 1.5%.  However, in New Brunswick it's 8%. The rate for metropolitan areas across Canada is 2.8%.  If you want to see or download this table showing the vacancy rates by province and also by metropolitan areas, go to the Canada Mortgage and Housing Corporation site http://www.cmhc.ca/housingmarketinformation/.  You can get all sorts of housing information, reports and market information there.  I've done well with Condos/Town-homes and would be interested in the   same thing over there. Is it pretty much all the same? See the stat site mentioned above to get market info about condos, etc. What are the down payment requirements? For non-owner occupied properties, the down payment is at least 20%. Update in response to comments about being double taxed: Regarding being taxed on income received from the property, if you claim the foreign tax credit you will not be double taxed. According to the IRS, \"\"The foreign tax credit intends to reduce the double tax burden that would otherwise arise when foreign source income is taxed by both the United States and the foreign country from which the income is derived.\"\"  (from IRS Topic 856 - Foreign Tax Credit)   About property taxes: From my understanding, these would not be claimed for the foreign tax credit but can be deducted as business expenses. There are various exceptions and stipulations based on your circumstance, so you need to read Publication 856 - Foreign Tax Credit for Individuals.  Here's an excerpt: \"\"In most  cases,  only  foreign  income  taxes  qualify for the foreign tax credit. Other taxes, such as foreign real and personal property taxes, do not qualify.  But  you  may  be  able  to  deduct  these other  taxes  even  if  you  claim  the  foreign  tax credit for foreign income taxes. In most cases, you can deduct these other taxes  only  if  they  are  expenses incurred  in  a trade  or  business  or  in  the  production  of  in\u00adcome.  However,  you  can  deduct  foreign  real property taxes that are not trade or business ex\u00adpenses  as  an  itemized  deduction  on  Sched\u00adule A (Form 1040).\"\" Disclaimers:  Sources: IRS Topic 514 Foreign Tax Credit and Publication 856 Foreign Tax Credit for Individuals\""}
{"_id": "30345", "title": "", "text": "\"You'll generally get a number close to market cap of a mature company if you divide profits (or more accurately its free cash flow to equity) by the cost of equity which is usually something like ~7%.    The value is meant to represent the amount of cash you'd need to generate investment income off it matching the company you're looking at. Imagine it as asking \"\"How much money do I need to put into the bank so that my interest income would match the profits of the company I'm looking at\"\". Except replace the bank with the market and other forms of investments that generate higher returns of course and that value would be lower.\""}
{"_id": "30351", "title": "", "text": "I think the primary reason you're being down voted is because of the way you address people who align themselves with left wing ideology.  Let's either call them all foolish, or none of them.  I prefer calling them all foolish, one stream lined school of thought is rather repugnant.    Anyway, Your points on equality are spot on (theoretically), handicapping applicants based on values that should already be overlooked is introducing a bias to correct another bias, it's a short term strategy and for what it's worth I agree with you.  That is, I would if racism/classism/genderism didn't exist in practice.  The problem is what is actually observed in the real world, all too often better candidates for a job are excluded in favor for those who are of similar religion or race as the employer, when the cast offs would perform better at the job.  It is virtually never the other way around, where someone of a weaker skill set is forced on the job to fill a government implemented quota, and if it is the case, it is also usually done deliberately, choosing a very weak candidate to appeal to the government in attempts to exonerate themselves from those particular laws.    My focus point:  And sure it's your choice as an employer to bring on whoever you want, that's piece of mind for you, the employer, you've created the company that you wanted, but it's not the BEST IT COULD BE in terms of production purposes for society because the employer hasn't assembled the best possible work force with it's available applicants.  It is here that we see there are negative externalities on the public, as inefficiency rises due to class/race/gender favoritism being chosen over ability.  Employing people to help create your master vision fundamentally incorporates compromise, for the betterment of society."}
{"_id": "30352", "title": "", "text": "I like precious metals and real estate. For the OP's stated timeframe and the effects QE is having on precious metals, physical silver is not a recommended short term play. If you believe that silver prices will fall as QE is reduced, you may want to consider an ETF that shorts silver.  As for real estate, there are a number of ways to generate profit within your time frame. These include: Purchase a rental property. If you can find something in the $120,000 range you can take a 20% mortgage, then refinance in 3 - 7 years and pull out the equity.  If you truly do not need the cash to purchase your dream home, look for a rental property that pays all the bills plus a little bit for you and arrange a mortgage of 80%. Let your money earn money. When you are ready you can either keep the property as-is and let it generate income for you, or sell and put more than $100,000 into your dream home. Visit your local mortgage broker and ask if he does third-party or private lending. Ask about the process and if you feel comfortable with him, let him know you'd like to be a lender. He will then find deals and present them to you. You decide if you want to participate or not. Private lenders are sometimes used for bridge financing and the loan amortizations can be short (6 months - 5 years) and the rates can be significantly higher than regular bank mortgages. The caveat is that as a second-position mortgage, if the borrower goes bankrupt, you're not likely to get your principal back."}
{"_id": "30373", "title": "", "text": "S & P's site has a methodology link that contains the following which may be of use: Market Capitalization. Unadjusted market capitalization of US$ 4.6   billion or more for  the S&P 500, US$ 1.2 billion to US$ 5.1 billion   for the S&P MidCap 400, and US$ 350  million to US$ 1.6 billion for   the S&P SmallCap 600. The market cap of a potential  addition to an   index is looked at in the context of its short- and medium-term   historical  trends, as well as those of its industry. These ranges are   reviewed from time to time to  assure consistency with market   conditions.  Liquidity. Adequate liquidity and reasonable price \u2013 the   ratio of annual dollar value  traded to float adjusted market   capitalization should be 1.00 or greater, and the company  should   trade a minimum of 250,000 shares in each of the six months leading up   to the  evaluation date.  Domicile. U.S. companies. For index purposes,   a U.S. company has the following  characteristics:  The final determination of domicile eligibility is made by the U.S.   Index Committee."}
{"_id": "30382", "title": "", "text": "\"Well you're clearly misinformed. Read \"\"When the music stopped\"\" - so many factors went into the crisis. JPM did NOT need the bailout money. Regarding all banks failing, I think the financial system as a whole would've taken a massive hit with letting Lehman fail and not stepping in but to say that \"\"all banks\"\" would've failed is inaccurate. No one really knows how extreme the fallout would've been without the cash surge.\""}
{"_id": "30388", "title": "", "text": "In this case, trust the real estate agent; negotiating experience is one of the things you selected them for. Especially if they're suggesting a lower number than you expected, since they get paid on commission and so may be biased the other way.  Part of their job is to look for hints about how motivated this seller is and what price they might accept, as opposed to what price they hope to get.  And remember that the default assumption is that the two parties will meet in the middle somewhere, which means it's customary to offer 10% less to signal that you could probably be talked into it if they drop the price about 5%. This is like bridge-hand bidding: it's a semi-formalized system of hints about levels of interest, except with fewer conventions and less rationality. As far as the seller paying the closing costs: that's really part of the same negotiation, and doing it that way makes the discussion more complicated for the seller since they need to figure out how much more to charge you to cover this cost. If they offer, great, factor that into what you are willing to pay... but I wouldn't assume it or ask for it. Edit: Yes, unless you have engaged a Buyer's Agent (which I recommend for first-time buyers and maybe all huyers), their fiduciary duty is to the seller. But part of that duty is to make the sale happen. If the price goes too high and you walk away, neither the agent nor the seller make money. A bad agent can be as bad as a bad car salesman, sure. But if you don't like and mostly trust your agent, you are working with the wrong agent. That doesn't mean you give them every bit of information the seller might want, but it does mean you probably want to listen to their input and understand their rationalle before deciding what your own strategy will be."}
{"_id": "30391", "title": "", "text": "\"Let's not trade insults. I understand defined benefit plans better than you think. Of course offering a lump-sum payout NOW is better for the company. If you think of the lifetime value of the pension, then yeah, it's \"\"worse\"\" for the recipient... but exactly like lottery winners, this is just a question of my personal discount rate. Maybe I want/need that money now, and value it more now than I would in 10/20/30 years. So it's a question for each individual to decide.\""}
{"_id": "30394", "title": "", "text": "\"I don't think that there is a generic answer that will apply to this question across all goods.  The answer depends on how the related businesses work, how much insight you have into the true value of the goods, and probably other things.  Your car example is a good one that shows multiple options - There are dealers who will buy as a single transaction, sell as a single transaction, or do a simultaneous sell with trade-in.  I had a hot tub once, on the other hand, where I could find people who would do a trade-in, but there was no dealer who would just buy my used tub.  There's not much parallel between the car and the tub because the options available are very different. To the extent that there is a generic answer, I generally agree with the point in @keshlam's answer about trying to avoid entrapment, but I take a slightly different view.  If you want to get your best deal, you need to have an idea going into the process of what you want in net and keep focused on meeting your goal. If for some reason, it's convenient for the dealer to \"\"move money around\"\" between the new car and the trade-in, I'm ok with that as long as I'm getting what I want out of the deal.  If possible, I prefer to deal with both transactions at once because it's simpler.  At the same time, I'm willing to remove the trade-in from the deal if I'm not getting what I want. (Threatening to do so can also give you some information about where the dealer really puts the value between the new car and trade-in since, if you threaten to pull the trade-in, the price on the car will probably change in response.)\""}
{"_id": "30402", "title": "", "text": "The price action is... untradeable. You have money flying in and out of trades without reason. Apple down? Then amzn goes up as tech trader cash tries to find a new trend. But trends are not materializing.  There is no consensus between the news, trends the technical indicators, money managers... Just stay clear till the dust settles. Us dollars should be ok. Gold isnt even that reliable as qe3 is not certain.  I think everything is heafing down en mass in the market but there is residual lunatic optimisim out there making shorts dangerous. I guess you could sell the highs."}
{"_id": "30403", "title": "", "text": "According to the answers to this question, you generally aren't taxed on gains until you sell the asset in question. None of those answered specifically for the U.K., so perhaps someone else will be able to weigh in on that. To apply those ideas to your question, yes your gains and losses are taxable. If you originally traded something worth $100 for the bitcoins, then when you converted back to dollars you received $200, you would have a $100 gain, simply on the foreign exchange trade. That is, this $100 of income is in addition to any income you made from your business (selling goods)."}
{"_id": "30406", "title": "", "text": "Lending is not a charitable contribution. Its an investment. If the loan becomes a bad debt - you'll have to show that it had become a bad debt. For example - bankruptcy declaration. You'll have to show an arm's length transaction, for example - real intention to repay (evidenced by payments of principal and interest made). Otherwise if you have an intention for the loan to never be repaid, it is in fact a gift, which is not only not deductible - its taxable. Bottom line - be careful and talk to a EA/CPA to get a proper advice with regards to a specific transaction. Edit to answer your revised question: you're not going to pay taxes if you're not going to have gains. However, if you lose the principal, in addition to the said above you would incur the loss as a personal bad debt, and not business. This is because it is not investment. The difference is in tax treatment: personal bad debt is a short-term capital loss (limited deduction), business is an ordinary loss."}
{"_id": "30417", "title": "", "text": "Zero. Zero is reasonable. That's what Schwab offers with a low minimum to open the IRA.  The fact is, you'll have expenses for the investments, whether a commission on stock purchase or ongoing expense of a fund or ETF. But, in my opinion, .25% is criminal. An S&P fund or ETF will have a sub-.10% expense. To spend .25% before any other fees are added is just wrong."}
{"_id": "30425", "title": "", "text": "\"The emphasis of \"\"stop loss\"\" is \"\"stop\"\", not \"\"loss\"\". Stop and long term are contradictory. After you stop, what are you going to do with your cash? Since it's long term, you still have 5+ years to before you use the money, do you simply park everything in 0.5% savings account? On the other hand, if your investment holds N stocks and one has dropped a lot, you are free to switch to another one. This is just an investment strategy and you are still in the market.\""}
{"_id": "30427", "title": "", "text": "You don't have to think it is going down, it is currently trending down as on a weekly chart there are lower lows and lower highs. Until there is a higher low with confirmation of a higher high, the downtrend will continue.  The instrument you use to profit from a market drop depends on your risk profile, the time frame you are looking at, and your trading plan and risk management. With a put option your loss is limited to your initial premium and your potential profits can be quite large compared to the premium paid, however your timeframe is limited to the expiry of the option. You could buy a longer dated option but this will cost more in the premium you pay. With inverse ETF you are not restricted by an expiry date, but if you don't have appropriate risk management in place your potential losses can be large. With a leveraged inverse ETF again you are not restricted by an expiry date, you can potentially make higher percentage profits than with an standard ETF. but once again your losses can be very large (larger than you initial investment) if you don't have appropriate risk management in place."}
{"_id": "30445", "title": "", "text": "Maybe someone can ELI5 for me: If Obama does happen to raise taxes on businesses, those increased taxes are only on profits, as the taxes were only on profit before. So if a small business loses a little more of its profit, why should it have to lay off people? It still meets its overhead and makes some profit right? Is some % of profit required for a company to keep it's current level of staff?"}
{"_id": "30448", "title": "", "text": "I'm fine with taking care of me and mine. If I have the opportunity. The more that opportunity is squeezed, the more I'll go looking for the people squeezing it and capturing most of the income. Upper classes who don't realize this tend to see pitchforks out their windows."}
{"_id": "30458", "title": "", "text": "Local currency (United States Dollar-USD) and foreign currencies: no restrictions, provided that arriving and departing passengers must report to US customs any money or other monetary instruments exceeding USD 10,000.-. Gold: Importation of gold coins or small, non-commercial quantities of gold must be declared upon arrival. If you are looking for some specific asstes and not just cash, elabotare on details like"}
{"_id": "30464", "title": "", "text": "\"What benefit do I get from buying a share The value of any financial asset is its ability to generate cash in the future, and thus the \"\"value\"\" of a share is heavily influenced by the dividends it pays and the equity value.  The equity value can be calculated different ways. Two common ways are to just take \"\"book\"\" value, meaning assets - liabilities, or you can look at the projected free cash flows of the company discounted back to the present time. Voting rights don't typically influence a share price except in hostile takeover scenarios (meaning someone buys up a lot of shares to have more influence in company decisions)\""}
{"_id": "30477", "title": "", "text": "1)  It sounds like you don't have a credit card, good.  Take our ATM card and freeze it in a block of ice.  Leave it in the freezer. 2)  Get on a budget.  A budget is a plan to spend your money.  The best plans are those that are made ahead of time.  For the record, budgeting is a skill and you will probably be bad at it for the first few times. 3)  Withdraw cash from the bank account that you will need for the week.  Once that money is gone, you are done spending until the next week.  If you are still having trouble with this do it daily.  Let's say you budget 300 for the month's spending.  Go to the bank, take out 10 each day.  You can carry money over from day-to-day, but never take out more.  You can never spend more than you have because your ATM is in ice. 4)  Find a friend who is good with money.  Ask them to help you by giving guidance and oversight."}
{"_id": "30480", "title": "", "text": "AI will take much more jobs than it creates. **The whole idea of AI is to take jobs away from humans.**  The government can control this by regulations.  For example, make a law that all customer service, specifically talking to people when doing work for them, must be done by humans.  Then, AI is just a tool at the hands of humans.  Chances the government make such laws: very very small. They care more about saving money for corporations than the well being of people."}
{"_id": "30484", "title": "", "text": "I know this will probably be met with derision but...  Get a job and save up the money for school.  This has the benefit of not having a debt accrue that you will have to pay off after you get out of school.  Take an entry level position in a field related to your study.  Sacrifice your desires but take care of your needs.  Anything left over pay off your old tuition and then save for future tuition. Also when you feel the money you are spending for college because you remember the hard work that went into earning it, you respect it more.  If you get a position in the field you want to study you can look at how to apply those lessons you are learning.  It will make your education more meaningful as well.  If you do well you may have a good job to start out right out of college."}
{"_id": "30524", "title": "", "text": "Your cost of platform is built into your commission rates...SC is free if I sign up to a broker that charges more commissions. Right now I am with IB as my broker. With the cost of my charting, if I were to make 10 round turns per month, I would pay $4.50 per side commission on FOREX, $3.25 per side on EQUITIES. Still a better deal than ToS."}
{"_id": "30528", "title": "", "text": "I dread dealing with bloomberg support about any API issues because if you're not using excel they have absolutely no idea what to do; but it takes about a day of back and forth e-mails because they can connect you with someone who does."}
{"_id": "30538", "title": "", "text": "I don't get it. Are you saying they did commit fraud but it's hard to pin on any one person? You say there is little evidence there was fraud but that it's too hard to prove there was fraud. So what did they do if it wasn't fraud? This is what wikipedia says happened:   &gt;The subprime mortgage crisis arose from 'bundling' American subprime and American regular mortgages into MBSs which were traditionally isolated from, and sold in a separate market from prime loans. These 'bundles' of mixed (prime and subprime) mortgages were the basis asset-backed securities so the 'probable' rate of return looked superb (since subprime lenders pay higher premiums, and the loans were anyway secured against saleable real-estate, and so, theoretically 'could not fail').  If selling shit you know is bad but looks good to investors isn't fraud I don't know what is.   &gt;Fraud is deception deliberately practiced in order to secure unfair or unlawful gain."}
{"_id": "30556", "title": "", "text": "$70k (plus 5-10% annual bonuses and medical/dental/vision 100% employer-paid) compared to $55k at my last gig (for a 28-year-old with a philosophy degree, I'm not complaining).  It's in San Diego, so CoL is pretty high.  I'm just happy that I'll be able to pay off my student loans."}
{"_id": "30557", "title": "", "text": "Yes, as long as you write a call against your stock with a strike price greater than or equal to the previous day's closing price, with 30 or more days till experation there will be no effect on the holding period of your stock. Like you mentioned, unqualified covered calls suspend the holding period of your stock.  For example you sell a deep in the money call (sometimes called the last write) on a stock you have held for 5 years, the covered call is classified as unqualified, the holding period is suspened and the gain or loss on the stock will be treated as short-term. Selling out of the money calls or trading in an IRA account keeps things simple. The details below have been summarized from an article I found at investorsguide.com.  The article also talks about the implications of rolling a call forward and tax situations where it may be advantageous to write unqualified covered calls (basically when you have a large deferred long term loss). http://www.investorguide.com/article/12618/qualified-covered-calls-special-rules-wo/ Two criterion must be met for a covered call to be considered a qualified covered call (QCC). 1) days to expiration must be greater than 30 2) strike price must be greater than or equal to the first available in the money strike price below the previous day's closing price for a particular stock.  Additionally, if the previous day's closing price is $25 or less, the strike price of the call being sold must be greater than 85% of yesterday's closing price. 2a) If the previous day's closing price is greater than 60.01 and less than or equal to $150, days to experation is between 60-90, as long as the strike price of the call is greater than 85% of the previous days close and less than 10 points in the money, you can write a covered call two strikes in the money 2c) If the previous day's closing price is greater than $150 and days till expiration is greater than 90, you can write a covered call two strikes in the money."}
{"_id": "30563", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.philly.com/philly/business/vanguard-got-everything-it-ever-wanted-now-what-20170717.html) reduced by 89%. (I'm a bot) ***** &gt; I think it&amp;#039;s safe to say that 40 years after Vanguard founder John Bogle set out to convince investors that low-cost indexing is better, Vanguard has won the argument.  &gt; As Bloomberg News reported last week, Vanguard is facing &amp;quot;a rise in customer complaints such as accounting errors and longer wait times on phone calls.&amp;quot; No one should take for granted that Vanguard will be able to handle its surging popularity.  &gt; Vanguard is the best thing that ever happened to investors.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o5kzr/vanguard_got_everything_it_ever_wanted_now_what/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170145 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Vanguard**^#1 **investors**^#2 **year**^#3 **During**^#4 **fund**^#5\""}
{"_id": "30574", "title": "", "text": "\"It was so awesome (like a really good bowel movement) to hear the congresscritters start to say \"\"fortress balance sheet\"\" in a sarcastic and slightly taunting way.  Well deserved given that most of the fortress is due to the government TBTF backstop.\""}
{"_id": "30584", "title": "", "text": "The point of what you heard is likely that gold is thought by some to hold its value well, when the money market would provide negative interest rates. These negative interest rates are a sign of deflation, where cash money is worth more in the future than it is today.  Normally, under inflation, cash money is worth less in the future than it is today. Under 'normal' circumstances where inflation exists, interest paid by the bank on money held there generally keeps up with inflation + a little bit extra. Now, we are seeing many banks offering interest rates in the negatives, which is an acknowledgement of the fact that money will be worth more in the future than it is today. So in that sense, holding physical gold 'fights' deflation [or, negative interest rates], in the same way that holding physical cash does [because if you hold onto a $10k bundle of bills, in 10 years you can walk into a bank and it will be worth $10k in future dollars - which in a deflationary market would be more than it is worth today]. Some view gold as being better at doing this than just holding cash, but that discussion gets into an analysis of the value of paper money as a currency, which is outside the scope of this answer.  Suffice to say, I do not personally like the idea of buying gold as an investment, but some do, and partly for this reason."}
{"_id": "30585", "title": "", "text": "\"They are called \"\"financial products\"\" because they are contracts that are \"\"produced\"\" by the financial industry. For example, you could also say that a car manufacturer does not sell you a car, but a contract that will gives you ownership of a car. And, if a contract is a service and not product, in that case a car manufacturer is only selling services. It seems like it is more about the definition of \"\"product\"\" than \"\"financial product\"\". I think that as long as something is produced by the effort of labor, it could be called a product, and since financial contracts are produced by the people working in the finance industry, they can be qualified as products too. Maybe this page of wikipedia could explain things better than I just did: http://en.wikipedia.org/wiki/Product_%28business%29\""}
{"_id": "30590", "title": "", "text": "\"College is an institution that's modern purpose is obscured and obstructed by outdated ideas about what it used to be.      College nowadays is de facto vocational training for white collar professions. But college used to be a place of learning, knowledge, discovery, and inquiry for pure academics, intellectuals, and wealthy scions.       People go to college as a prerequisite for a career, but instead encounter a culture of learning for learning's sake, a system originally designed to turn independently wealthy gentlemen into erudite gentlemen.        As they are today, the majority of colleges are traps for unwitting, would-be workers. For all the high school graduates that go to college for the hope of a better life, a high percentage are lured and deceived into learning that amounts to the theft of four years and their tuition, including majors like archaeology or history.      Whatever the value of such horizon broadening is to society, it is wrong to ask students to pay the bill for irrelevant learning.    It is unconscionable that today's employers expect employees to have financed the cost of a small house to be qualified to sit at a desk, answer phone calls, and fill out a spreadsheet for less than $40,000 per year.   Meanwhile, colleges cling to their delusional self-image as academic institutions. How many majors actually prepare students to get a career? A handful of majors have obvious specific outcomes, like dentistry or computer science, though even the most basic programming job is more specialized than \"\"CS graduate.\"\" How many people major in front-end web development? What job does Business Administration prepare students for? \"\"Business.\"\" Learn the same thing from a degree called project management and that student goes from unemployed to earning six figures.   Academic colleges have their place, but we should have a system that provides credentials and focused, relevant instruction in less than two years with job specific training, marketable skills, and job placement for much, much less money.   I propose that colleges be separated out into academic institutions and white collar vocational schools, and that they be given equal prestige, academic rigorousness, and consideration for entry level white collar work.\""}
{"_id": "30596", "title": "", "text": "Answering for US tax only: The bank account makes absolutely zero difference.  If you are not a US national and not resident in the US, but earn income from a US employer/client/customer, generally that income is not subject to US tax (no matter where it is banked). However there are (complicated) exceptions, particularly if you are considered to be operating a 'trade or business' in the US or US real estate is involved. Start at https://www.irs.gov/individuals/international-taxpayers/nonresident-aliens and proceed through pub 519 if you have time to spend. I do not know (or answer) about Argentinian taxes. Whether you can find a US bank that wants to open and maintain an account for a foreigner (which is extra paperwork and regulation for them) is a different Q, that is already asked and answered: B1/B2 visas do not allow you to work, but that isn't really in scope of money.SX and belongs over on travel.SX (or expatriates.SX for longer stay);  https://travel.stackexchange.com/questions/25416/work-as-freelancer-while-tourist-in-us-for-an-already-existing-us-client seems to cover it."}
{"_id": "30597", "title": "", "text": "\"Ah, I see what you mean, then.  But if you die at 57, being hit by a bus, those self-invested funds won't help the general social welfare of the union. Instead 1/3 would go to some estate tax, and the rest are left to the designated appointee of your choosing.   This soulless system helps the general populace a bit more directly.  That is the theory, anyways.  *edit: what I mean to say is, you still perceive that money as your own, like some compulsory retirement savings plan. I see it more as tax revenue,math little to no guarantee I will personally benefit from it directly any more than the general benefit it provides to This Great Union.\"\"\""}
{"_id": "30600", "title": "", "text": "It's not necessarily the case that HFT acts as a tax on small traders. I haven't seen any studies demonstrating that HFT increases the average cost of shares; if anything small investors will be largely unaffected by HFT as it will be random noise to them, sometimes creating a slight increase, sometimes a slight decrease. The people most affected by HFT are institutional investors, whom HFT desks are pretty good at predicting the order pattern of and hence exploiting. They have no interest or capacity to exploit the small guys."}
{"_id": "30610", "title": "", "text": "I'm not familiar with US tax law in particular, but the general principle around the world tends to be that interest-free or low-interest loans are taxed as gifts of the difference between a commercial interest charge and the actual interest charged. You could also forgive ($13,000 - waived interest) of the loan each year. Also, remember that there's a lifetime exemption (covering inheritance as well) of $1,000,000 which can be used for any amounts over the $13,000."}
{"_id": "30623", "title": "", "text": "From my understanding by paying your bills more than 5 days late will not lead you into bankruptcy or stop you from getting a new loan in the future, however it may mean that lenders offer you credit at a higher interest rate. This of course would not help you as you are already struggling with your finances. However, no matter how bad you think things might be for you financially, there are always things you can do to improve your situation. Set a Budget The first thing you must do is to set a budget. List down all sources of income you receive each month, including any allowances. Then list all your sources of expenses and spending. List all your bills such as rent, telephone, electricity, car maintenance, credit card and other loans. Keep a diary for a month for all your discretionary spending - including coffees, lunches, and other odd bits and ends. You can also talk with your existing lenders and come to some agreement on reducing you interest rates on your debts and the repayments. But remember any reduction in repayments may increase your repayment period and the total interest you have to pay in the long term. If you need help setting up your budget here are some links to resources you can download to help you get started: Once you set up your budget you want your total income to be more than your total expenses. If it isn't you will be getting further and further behind each month. Some things you can do are to increase your income - get a job/second job, sell some unwanted items, or start a small home business. Some things you can do to reduce your expenses - make coffees and lunches at home before going out and buying these, pay off higher interest debts first, consolidate all your debts into a lower interest rate loan, reduce discretionary spending to an absolute minimum, cancel all unnecessary services, etc. Debt Consolidation In regards to a Debt Consolidation for your existing personal loans and credit cards into a single lower interest rate loan can be a good idea, but there are some pitfalls you should consider. Manly, if you are taking out a loan with a lower interest rate but a longer term to pay it off, you may end up paying less in monthly repayments but will end up paying more interest in the long run. If you do take this course of action try to keep your term to no longer than your current debt's terms, and try to keep your repayments as high as possible to pay the debt off as soon as possible and reduce any interest you have to pay. Again be wary of the fine print and read the PDS of any products you are thinking of getting. Refer to ASIC - Money Smart website for more valuable information you should consider before taking out any debt consolidation. Assistance improving your skills and getting a higher paid job If you are finding it hard to get a job, especially one that pays a bit more, look into your options of doing a course and improving your skills. There is plenty of assistance available for those wanting to improve their skills in order to improve their chances of getting a better job. Check out Centrelink's website for more information on Payments for students and trainees. Other Action You Can Take If you are finding that the repayments are really getting out of hand and no one will help you with any debt consolidation or reducing your interest rates on your debts, as a last resort you can apply for a Part 9 debt agreement. But be very careful as this is an alternative to bankruptcy, and like bankruptcy a debt agreement will appear on your credit file for seven years and your name will be listed on the National Personal Insolvency Index forever. Further Assistance and Help If you have trouble reading any PDS, or want further information or help regarding any issues I have raised or any other part of your financial situation you can contact Centrelink's Financial Information Service. They provide a free and confidential service that provides education and information on financial and lifestyle issues to all Australians. Learn how to manage your money so you can get out of your debt and can lead a much more comfortable and less stressful life into the future."}
{"_id": "30631", "title": "", "text": "The liquidity primarily depends on the specific equity type / position you are looking at. You want to look for stocks or ETFs that have significant volume themselves before trying to jump into an option contract. The most important things you should look at are Volume and Open Interest for the specific contracts, strikes, and expiration. Near the money / in the money contracts from near term expiration tend to have the highest liquidity and the smallest (relative) spreads."}
{"_id": "30648", "title": "", "text": "Given some of the first few comments [like this one](https://www.reddit.com/r/business/comments/6hmdwf/amazon_is_buying_whole_foods/dizdu6b/), no it was not.  But I really wish you the best of luck in your future snarky replies, and dramatic de-douchifying edits of them to help you save face. I hope you make lots of karma, okay?"}
{"_id": "30652", "title": "", "text": "As Americans we seem to have lost the ability to see the simple truth right in front of us. Its not just RT, its what the world is telling us, take your pick, yet we get our marching orders from Tel Aviv  I will fucking move to Timbuktu before Zuckerberg becomes the US president and all our children wear gender neutral uniforms to school"}
{"_id": "30654", "title": "", "text": "Huh. It appears it's only currencies in sterling that are fully exempt. https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg12602   Government manuals are more detailed than .gov but still not perfect as it's HMRCs interpretation of legislation and has been overturned in the past.  There is also another (old) article here about foreign currency transactions. https://www.taxation.co.uk/articles/2010/10/27/21191/currency-gains  I have never come across forex capital gains in practice but I've learnt something today! Something to look out for in the UK as well I guess."}
{"_id": "30688", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/7/7/15933674/video-games-job-supply) reduced by 93%. (I'm a bot) ***** &gt; New research shows that the lure of computers - and video games in particular - has played a role in keeping young men from working.  &gt; What the group of researchers discovered was fascinating: The value of young men&amp;#039;s leisure time was increasing, and the allure of video games played a small but significant role in why they were working less.  &gt; Hurst&amp;#039;s research suggests that jobs need to pay a lot more to make work seem more appealing to young men - which would, in theory, make work seem more worthwhile than playing video games.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6m3fs9/the_unexpected_economic_consequences_of_video/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~162548 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **men**^#2 **Job**^#3 **more**^#4 **young**^#5\""}
{"_id": "30720", "title": "", "text": "Many people think that there is no solution for hair loss. They believe that once hair is gone, it is forever. Thanks to progressive hair care technology, this belief has been proved wrong. One of the most reputable clinics conducts hair transplant in Noida. Those suffering from hair loss without any other reason can choose to undergo this procedure and regain their lush mane."}
{"_id": "30730", "title": "", "text": "&gt;I just wish people who hate on keynesian policies (which while not perfect, are not as terrible as people point them out to be) would at least acknowledge that Keynes advocated maintaining budget surpluses when the economy is doing fine/alright.  I do acknowledge that. However, the powers that be that implement Keynesian policies these days don't see that. Nor do they recognize that Keynes advocated strategic spending to stimulate the economy. I support what he called for, but he would probably be rolling in his grave if he saw the shit our politicians were doing in his name.  I assume we agree with each other on this? We are in a major depression but after years of massive deficit spending we are almost powerless to use any real keynesian policies that could really help us."}
{"_id": "30750", "title": "", "text": "They still have an estimated $2 trillion shadow economy? I'd say that's an epic fail at reducing non taxable transactions. And Probably the same level of bribing is going on, just not with cash. If the purpose was to reduce corruption it sounds like it barely did anything"}
{"_id": "30767", "title": "", "text": "Yes. Just like the supposed IT/programmer shortage in the 90s.  A fabrication propagated by vested interests to stimulate a policy response that artificially drives up sectoral labor supply to drive down wages to reduce labor cost.  Well worn trick.  There is a difference between a shortage and simply not wanting to pay what people and their skills cost at the market rate and so impinging on government to influence the market in one's favor. Classic rent seeking, aka normal and expected behavior for profit maximizing actors."}
{"_id": "30770", "title": "", "text": "How will going from 75% Credit Utilization to 0% Credit Utilization affect my credit score? might answer your question if US based.  In the US, what counts is what shows on the bill. I've run $20K through a card with a $10K limit, but still ended the month under $2K by making extra payments. As long as you stay ahead of the limit by making mid-cycle payments, I see no issue with this strategy. If you keep running $30K/mo through a card with a $10K limit, the bank will eventually catch this and raise your limit as you will have proven you are more credit worthy."}
{"_id": "30772", "title": "", "text": "That's why I said, I'm sure the devices I use now aren't much better (hell, I have an app that collects location data and sends me Amazon gift cards and such in exchange, but I agreed to it), but I don't really see any purpose of Alexa besides additional data collection. The only think I could see it useful for is elderly or disabled people with poor motor function that may have trouble operating other devices."}
{"_id": "30774", "title": "", "text": "The biggest challenge with owning any individual stock is price fluctuation, which is called risk. The scenarios you describe assume that the stock behaves exactly as you predict (price/portfolio doubles) and you need to consider risk. One way to measure risk in a stock or in a portfolio is Sharpe Ratio (risk adjusted return), or the related Sortino ratio. One piece of advice that is often offered to individual investors is to diversify, and the stated reason for diversification is to reduce risk. But that is not telling the whole story. When you are able to identify stocks that are not price correlated, you can construct a portfolio that reduces risk. You are trying to avoid 10% tax on the stock grant (25%-15%), but need to accept significant risk to avoid the 10% differential tax ($1000). An alternative to a single stock is to invest in an ETF (much lower risk), which you can buy and hold for a long time, and the price/growth of an ETF (ex. SPY) can be charted versus your stock to visualize the difference in growth/fluctuation. Look up the beta (volatility) of your stock compared to SPY (for example, IBM). Compare the beta of IBM and TSLA and note that you may accept higher volatility when you invest in a stock like Tesla over IBM. What is the beta of your stock? And how willing are you to accept that risk? When you can identify stocks that move in opposite directions, and mix your portfolio (look up beta balanced portolio), you can smooth out the variability (reduce the risk), although you may reduce your absolute return. This cannot be done with a single stock, but if you have more money to invest you could compose the rest of your portfolio to balance the risk for this stock grant, keep the grant shares, and still effectively manage risk. Some years ago I had accumulated over 10,000 shares (grants, options) in a company where I worked. During the time I worked there, their price varied between $30/share and < $1/share. I was able to liquidate at $3/share."}
{"_id": "30792", "title": "", "text": "come on. they're interns. do you really expect, or need, them to be qualified? Interns are there to do scut work and canned development training, and to audition for the graduate analyst position they want to apply for next year. Or to get do disillusioned by the experience that they self-select out after they graduate."}
{"_id": "30800", "title": "", "text": "I think you are making this more complicated that it has to be.  In the end you will end up with a car that you paid X, and is worth Y. Your numbers are a bit hard to follow.  Hopefully I got this right. I am no accountant, this is how I would figure the deal: The payments made are irrelevant.  The downpayment is irrelevant as it is still a reduction in net worth.   Your current car has a asset value of <29,500>.  That should make anyone pause a bit.   In order to get into this new car you will have to finance the shortfall on the current car (29,500), the price of the vehicle (45,300), the immediate depreciation (say 7,000).  In the end you will have a car worth 38K and owe 82K.  So you will have a asset value of <44,000>.  Obviously a much worse situation.  To do this car deal it would cost the person 14,500 of net worth the day the deal was done.  As time marched on, it would be more as the reduction in debt is unlikely to keep up with the depreciation. Additionally the new car purchase screen shows a payment of $609/month if you bought the car with zero down.  Except you don't have zero down, you have -29,500 down.  Making the car payment higher, I estamate 1005/month with 3.5%@84 months.  So rather than having a hit to your cash flow of $567 for 69 more months, you would have a payment of about $1000 for 84 months if you could obtain the interest rate of 3.5%. Those are the two things I would focus on is the reduction in net worth and the cash flow liability.   I understand you are trying to get a feel for things, but there are two things that make this very unrealistic.  The first is financing.  It is unlikely that financing could be obtained with this deal and if it could this would be considered a sub-prime loan.  However, perhaps a relative could finance the deal. Secondly, there is no way even a moderately financially responsible spouse would approve this deal.  That is provided there were not sigificant assets, like a few million. If that is the case why not just write a check?"}
{"_id": "30803", "title": "", "text": "\"The future of the internet is Ad-free. Ad blockers are increasing in usage every day and there is _nothing_ that anyone can do to stop that. Companies like Facebook and Google who make most of their money selling advertising are shitting themselves over this.  Facebook is _THE ONLY_ profitable \"\"social media\"\" company. There's like 5,00000000000 social media companies and NONE of them make money except facebook.  That's not because facebook is great, it's because facebook is diversified.  Don't listen to me, be fools.\""}
{"_id": "30808", "title": "", "text": "\"I think your analysis is very clear, it's a sensible approach, and the numbers sound about right to me. A few other things you might want to think about: Tax In some jurisdictions you can deduct mortgage interest against your income tax. I see from your profile that you're in Texas, but I don't know the exact situation there and I think it's better to keep this answer general anyway. If that's the case for you, then you should re-run your numbers taking that into account. You may also be able to make your investments tax-advantaged, for example if you save them in a retirement account. You'll need to apply the appropriate limits for your specific situation and take an educated guess as to how that might change over the next 30 years. Liquidity The money you're not spending on your mortgage is money that's available to you for other spending or emergencies - i.e. even though your default assumption is to invest it and that's a sensible way to compare with the mortgage, you might still place some extra value on having more free access to it. Overpayments Would you have the option to pay extra on the mortgage? That's another way of \"\"investing\"\" your money that gets you a guaranteed return of the mortgage rate. You might want to consider if you'd want to send some of your excess money that way.\""}
{"_id": "30825", "title": "", "text": "First of all, make sure you have all your credit cards paid in full -the compounding interests on those can zero out returns on any of your private investments. Fundamentally, there are 2 major parts of personal finance: optimizing the savings output (see frugal blogs for getting costs down, and entrepreneur sites for upping revenues), and matching investment vehicles to your particular taste of risk/reward. For the later, Fool's 13 steps to invest provides a sound foundation, by explaining the basics of stocks, indexes, long-holding strategy, etc.   A full list Financial instruments can be found on Wikipedia; however, you will find most of these to be irrelevant to your goals listed above. For a more detailed guide to long-term strategies on portfolio composition, I'd recommend A Random Walk Down Wall Street: The Time-tested Strategy for Successful Investing. One of the most handy charts can be found in the second half of this book, which basically outlines for a given age a recommended asset allocation for wealth creation. Good luck!"}
{"_id": "30859", "title": "", "text": "\"It's called an argument from the extreme. Although, I think North Korea is a not as good of an example. Perhaps a better argument would have been \"\"if you like taxes so much why don't you give all your money to the IRS?\"\"  So far the only points I have gotten from you is taxes are bad, freedom is good. Did you want to speak about a specific point?\""}
{"_id": "30865", "title": "", "text": "They are experts in personal debt management, and are the only individuals licenced to administer a consumer proposal in Canada. Your administrator will use his or her   experience and training to assess what you can afford, and what should be offered to your creditors.  They prepare the necessary forms for you to sign, and then file   the proposal with the government which makes it a legal document."}
{"_id": "30874", "title": "", "text": "\"So...if the stock market tanks, the value of these portfolios tank...but faster.  The difference time around being that the customers will be holding all of the toxic assets?  I also gotta say that it feels like there's a lot of, \"\"hey let's sell insurance and hope that nothing bad ever happens but if it does we go bankrupt and the customer's fucked too!\"\"\""}
{"_id": "30877", "title": "", "text": "I am probably not the most qualified person, but I have taken some managerial finance courses.  If company B is still in tact, has its own documentation saying it's a company and all that, the only income company A would need to claim from B is that which B profited and the profits were given to A.  I see the above scenario similar to owning an asset, like a bond, which pays you interest.  If the companies are merged, most definitely but that probably wasn't your question."}
{"_id": "30887", "title": "", "text": "\"First, I'd like to congratulate you on your financial discipline in paying off your loans and living well within your means.  I have friends who make more than twice your salary with similar debt obligations, and they barely scrape by month to month. If we combine your student loan debt and unallocated income each month, we get about $1,350.  You say that $378 per month is the minimum payment for your loans, which have an average interest rate of about 3.5%.  Thus, you have about $1,350 a month to \"\"invest.\"\" Making your loan payments is basically the same as investing with the same return as the loan interest rate, when it comes down to it.  An interest rate of 3.5% is...not great, all things considered, and barely above inflation.    However, that's a guaranteed return of 3.5%, more or less like a bond.  As noted previously, the stock market historically averages 10% before inflation over the long run. The US stock market is right around its historic high at this point (DJIA is at 20,700 today, April 6th, 2017 - historic high hit just over 21,000 on March 1, 2017).  Obviously, no one can predict the future, but I get the feeling that a market correction may be in order, especially depending on how things go in Washington in the next weeks or months.  If that's the case (again, we have no way of knowing if it is), you'd be foolish to invest heavily in any stocks at this point. What I would do, given your situation, is invest the $1,350/month in a \"\"portfolio\"\" that's 50/50 stocks and \"\"bonds,\"\" where the bonds here are your student loans.  Here, you have a guaranteed return of ~3.5% on the bond portion, and you can still hedge the other 50% on stocks continuing their run (and also benefiting from dividends, capital gains, etc. over time).  I would apply the extra loan payments to the highest-interest loan first, paying only the minimum to the others.  Once the highest-interest loan is paid off, move onto the next one. Once you have all your loans paid off, your portfolio will be pretty much 100% stocks, at which point you may want to add in some actual bonds (say a 90/10 or 80/20 split, depending on what you want).  I'm assuming you're pretty young, so you still have plenty of time to let the magic of compounding interest do its work, even if you happen to get into the market right before it drops (well, that, and the fact that you won't really have much invested anyway). Again, let me stress that neither I nor anyone else has any way of knowing what will happen with the market - I'm just stating my opinion and what my course of action would be if I were in your shoes.\""}
{"_id": "30912", "title": "", "text": "Withdrawals from a traditional 401(k) plan are always treated as cash income and the taxable portion is taxed at ordinary income tax rates, even if the money was held in stocks within the 401(k) plan and the amount withdrawn is equal to whatever capital gains you made by selling the stock within the 401(k) plan. If your plan permits you to take the distribution as stock shares (transferred to your taxable brokerage account), then, for tax purposes, it is treated as if you took a distribution of cash equal to the market price of the shares as of the day of the distribution and promptly bought the same number of shares in your brokerage account.  And yes, if the 401(k) plan assets in your ex-employer's plan consists solely of pretax contributions and the earnings thereon, then the entire distribution is ordinary taxable income regardless of whether you sold the stock within the 401(k) plan or took a distribution of stock from the plan and promptly (or after a few days) sold it. The capital gains or losses (if any) from such a sale are, of course, outside the 401(k) plan and taxable accordingly. Finally, the 10% penalty for premature withdrawal from a traditional 401(k) will also apply if you are not 59.5 years of age or older (or maybe 55 since you are separated from service), and it will be computed on the entire distribution."}
{"_id": "30913", "title": "", "text": "\"It's probably important to understand what a credit score is.   A credit score is your history of accruing debt and paying it back.  It is supplemented by your age, time at current residence, time at previous residences, time at your job, etc. A person with zero debt history can still have a decent score - provided they are well established, a little older and have a good job.  The top scores are reserved for those that manage what creditors consider an \"\"appropriate\"\" amount of debt and are well established.  In other words, you're good with money and likely have long term roots in the community.  After all, creditors don't normally like being the first one you try out... Being young and having recently moved you are basically a \"\"flight risk\"\".  Meaning someone who is more likely to just pick up and move when the debt becomes too much. So, you have a couple options.  The first is to simply wait.  Keep going to work, keep living where you are, etc.  As you establish yourself you become less of a risk.   The second is to start incurring debt.  Personally, I am not a fan of this one.  Some people do well by getting a small credit card, using some portion of it each month and paying it off immediately.  Others don't know how to control that very well and end up having a few months where they roll balances over etc which becomes a trap that costs them far more than before. If I were in your position, I'd likely do one of two things.  Either buy the phone outright and sign up for a regular mobile plan OR take the cheaper phone for a couple years.\""}
{"_id": "30933", "title": "", "text": "Here are my conditions for an emergency account: A compromise would be to have 1,000-2,000 in a very liquid account and the rest in something a little less liquid that maybe has a minimum balance (but no transaction requirements).  The behavioral risk is when you do have an emergency and you don't want to cash out or go through any hassle to get it out, so you just charge the emergency instead of paying cash."}
{"_id": "30935", "title": "", "text": "\"No, I do not.  The advice is to take advice :-) but it is not required.  Several \"\"low cost\"\" SIPPs allow an \"\"Execution Only\"\" transfer from some pensions (generally not occupational or defined benefits schemes [where transfers are generally a bad idea anyway] but FAVCs such as mine are ok). Best Invest is one such, and the fees are indeed relatively low. As far as anyone knows, the government's plans for changes to rules on using pension funds would still apply even once I've transferred my pension pot and begun to withdraw funds (provided I don't commit myself to an annuity or other irrevocable investment). I am not a financial adviser, nor employed or otherwise connected with Best Invest, and I'm not endorsing their SIPP schemes, just giving them as an example of what can be done. [Added after I carried out my plan] I found the process very straightforward; I needed to apply for a pension fund with my new provider and fill in a transfer form, which set up the scheme and transferred the funds with no expense required.  Once the money arrived in my pension account I filled in another form to take the lump sum and set up regular withdrawals from the fund. I had my lump sum within a couple of months of initiating the transfer.  I'm very happy I did not take independent advice because it would have been very poor value for money.  During my researches I was approached eagerly by one firm promising to get me my money quick and claiming to be an independent financial advisor.  Luckily I mistrusted the service they offered.\""}
{"_id": "30945", "title": "", "text": "This is a case of money-laundering, not forgery.  Many laundry detergents include a dye that glows under ultra-violet light."}
{"_id": "30946", "title": "", "text": "\"he is saying that \"\"QE\"\" meaning \"\"quantitative easing\"\" meaning \"\"the theory that the government flooded the markets with money, artificially driving up the price of stocks\"\" meant that hedge funds, which HEDGE, and benefit from an up-and-down market, couldn't win in a market where it just kept going up.  It's basically a conspiracy theory bears have been pushing for years \"\"QE artificially inflated the market, it's gonna crash!\"\"\""}
{"_id": "30959", "title": "", "text": "\"Disclosure: I don't have an iPhone, so I don't use RobinHood.  That being said, I have a less \"\"they're-out-to-get-ya\"\" view of what they're doing. As a small business owner (2 businesses), employees cost the most.  If you can create a solid business with few (or no) employees and let robots run it, you will drastically reduce your costs.  Joe Polish said it similarly with sales letters, something along the lines of they never complain about a headache, need to take a year off to discover themself, or just need a personal day.  Robots are the same; they do not have human limits.  Most simple trading can be done and maintained by well written code and AI, there's very little need for humans to do anything other than build it.  Think about the efficiency of bitcoin versus all the central banks combined; how many people are employed by central banks? Robinhood states that they are using technology in these ways to minimize costs and they're using a system that doesn't need physical branches (this doesn't mean they will never have them, just that they don't need them).  Robinhood does not indicate that they allow everything to happen for free; only stock trading.  I worked for a large trading firm once and observed that stock trading wasn't the bulk of where they made their money anyway; trading options, futures, index funds, etc are where the big money was and Robinhood says nothing about those being free.  Like the CQM mentioned too, they'll be charging for margin as well. In a way, the individual stock trader is dead; many people - including this forum - prefer index funds, so more than likely, Robinhood will strike up a deal with an index fund company or create their own (this is just easy, passive income with an expense ratio).  In this category, the markets are their playground, but they do need to attract enough people to their platform, thus free stock trading is a good way to do it. As for selling your information for advertising, that is always a possibility, but they have quite a few other options that would be good for most investors (index funds, affiliating with financial fund companies, etc) where they can start before ever needing to dip their toe in selling information.  This isn't to say they won't do it, but that there are few other options they have. The major concern I have for Robinhood is ongoing security.  Just building it and letting it run kind of assumes that there won't be major compromises in the future and as AI evolves, superior AI might be able to crush older AI.\""}
{"_id": "30970", "title": "", "text": "trader. It's easy to learn how to develop, you can teach yourself how to develop, but gaining knowledge on how a traders day-to-day world is like is not as easy to come by. If you go dev first, it may be harder to get that business knowledge further down the track"}
{"_id": "30973", "title": "", "text": "Yes, the net effect is zero. If you own zero shares by Nov 30, for example, and don't buy any more shares by 12/31, the year is done, and nothing left to account for."}
{"_id": "30996", "title": "", "text": "There are no legal restrictions on doing this. If you're living in the UK, just open an account like any other resident of the UK would."}
{"_id": "31004", "title": "", "text": "What you are seeing is the effects of inflation. As money becomes less valuable it takes more of it to buy physical things, be they commodities, shares in a company's stock, and peoples time (salaries).  Just about the only thing that doesn't track inflation to some degree is cash itself or money in an account since that is itself what is being devalued.  So the point of all this is, buying anything (a house, gold, stocks) that doesn't depreciate (a car) is something of a hedge against inflation. However, don't be tricked (as many are) into thinking that house just made you a tidy sum just because it went up in value so much over x years. Remember 1) All the other houses and things you'd spend the money on are a lot more expensive now too; and 2) You put a lot more money into a house than the mortgage payment (taxes, insurance, maintenance, etc.) I'm with the others though. Don't get caught up in the gold bubble. Doing so now is just speculation and has a lot of risk associated with it."}
{"_id": "31019", "title": "", "text": "Fairly straightforward to match the result from the calculator soup link.  There is a formula to calculate n from the future value s (using natural logs) In Excel This was derived as shown  To calculate n from the inflation-adjusted future value si requires using a solver since an algebraic formula cannot be formulated.  As demonstrated  Calculations done using Mathematica 7."}
{"_id": "31037", "title": "", "text": "My friend Harry Sit wrote an excellent article No Tax Advantage In RSU.  The punchline is this. The day the RSUs vested, it's pretty much you got $XXX in taxable income and then bought the stock at the price at that moment. The clock for long term gain starts the same as if I bought the stock that day.  Historical side note - In the insane days of the Dotcom bubble, people found they got RSUs vested and worth, say, $1M. Crash. The shares are worth $100K. The $1M was ordinary income, the basis was $1M and the $900K loss could offset cap gains, not ordinary income above $3000/yr. Let me be clear - the tax bill was $250K+ but the poor taxpayer had $100K in stock to sell to pay that bill. Ooops. This is the origin of the 'sell the day it vests' advice.  The shares you own will be long term for capital gain a year after vesting. After the year, be sure to sell those particular shares and you're all set. No different than anyone selling the LT shares of stock when owning multiple lots. But. Don't let the tax tail wag the investing dog. If you feel it's time to sell, you can easily lose the tax savings while watching the stock fall waiting for the clock to tick to one year."}
{"_id": "31040", "title": "", "text": "\"&gt;a totally unsustainable level  I get what you're saying, but this isn't the whole story. For most of the history of civilization, clothes were really, really expensive, so most people had only a few well-made outfits that they repaired and took good care of. It would be unsustainable for our modern lifestyle, but given the scope of human history up until around 80 years ago, totally normal. In fact, you could say that the way the modern clothing industry works is probable \"\"totally unsustainable,\"\" since land is being ruined through cotton production, and in all likelihood we *won't* be able to grow as much cotton as we do now, 50 years from now.\""}
{"_id": "31061", "title": "", "text": "\"With regard to PMI. You propose to put down 5% less, i.e. 15% instead of 20%. This is $12,500.  How much is the PMI? You will pay interest on the $12,500 extra you are borrowing, but also stuck paying that PMI for a number of years. Say the PMI is $100/mo. That's like paying nearly 10% on top of the interest you are already paying.  If you get a firm quote on what the PMI will cost you, you can make an informed decision. Borrowing at a bit of a premium may make sense, but much about 7-8%, and I'd rather take the risk of needing to raise cash elsewhere. PMI is tough to get rid of until you are at 80% LTV.  Edit -Beautiful link from Chad below. Now for the real math - You borrow 85K (to keep math easy) which is 15% down on a $100K house. 1.1% of $85K is $935/yr. But, you see, you are subject to that because you couldn't raise that last $5000. And $935 is 18.7% of that $5000. The PMI is on the whole mortgage, not on that extra bit you owe. Permit me to say \"\"holy crap! 18.7% is higher than my worst credit card, and more than I'd pay to borrow nearly anywhere else.\"\"  The percent is the same regardless of the mortgage, this is the math to borrow at an 85% LTV. And why I suggest things like using one's 401(k) as a bridge for such amounts. For the OP, the $12K delta.  (Note, the link shows an update to 1.2% which makes the real cost 20.4%) The numbers are not as crazy when borrowing 95% LTV. \"\"only\"\" about 7.9% on the extra needed. Crazy as it sounds, this is how the math works.\""}
{"_id": "31064", "title": "", "text": "perpetuity means perpetual. the assumption is that facebook will continue to be a 'going concern' which means they will operate indefinitely. this is a standard assumption and although it may not be true for facebook it serves its purpose as a baseline assumption. speculating on the exact timing of the demise of facebook would be even less accurate."}
{"_id": "31074", "title": "", "text": "\"Well if you weren't such an entitled prick, you'd know that it just flat out isn't as simple for some as \"\"find a better job\"\" or \"\"make more money\"\" or \"\"improve your lot in life\"\" as you have suggested here many different ways.   There are countless reasons why that just simply is not possible, and hence why there is, in fact, a need to require a living wage, no matter how hard you cover your ears and scream \"\"LALALALA\"\". If you weren't so self important, maybe you'd see that.\""}
{"_id": "31079", "title": "", "text": "I keep track of the current casino bonus offers available at most big time online casinos but I was blown away when I came across the bonuses found on this site. They showed me what Slots Jungle had available and frankly, it was better than the rest."}
{"_id": "31098", "title": "", "text": "It's pretty easy to disregard or outright learn to loathe the brands that are being advertised by intrusive digital ads that hijack your browser, and the ad networks that help make 1/10 of those ads a mobile hijack that won't let you back out forcing you to purge the app from memory. Seriously, those methods of advertising have a net negative effect just due to their obnoxious delivery."}
{"_id": "31104", "title": "", "text": "&gt; What it doesn't say is how many were opened, also how many were opened in the last 2 years thag they're closing.  DineEquity [planned 25-33 stores in 2016](https://www.foodnewsfeed.com/chain-restaurants/applebees-slows-development-plans-sales-decline), I didn't find their 2015 plans, nor organic, non-strategic closings. They [moved their HQ from Kansas City to the parent company's Los Angeles location](https://www.bizjournals.com/kansascity/blog/morning_call/2015/09/applebees-dineequity-headquarters-move.html), and [divested all remaining corporate-owned stores](https://www.bizjournals.com/kansascity/news/2015/07/24/applebees-100-percent-franchisee-owned.html) in 2015. They [franchise 2,016 stores system-wide](https://en.wikipedia.org/wiki/Applebee%27s) as of 2016. This closing announcement represents an approximate four years of organic closings if 2016 was any indication of normal, franchisee annual openings; it is definitely four years' worth of the the marginal organic openings rate, and about 5% system-wide shrinkage.  &gt; I don't see Applebee's or chilli's doing well in the future. They just don't offer what people want anymore.  We [have the biggest population bulge](http://www.pewresearch.org/fact-tank/2016/04/25/millennials-overtake-baby-boomers/) entering the [traditional prime spending years with more debt than past generations](https://www.cheatsheet.com/money-career/millennial-long-term-debt-how-a-generation-ended-up-in-a-rut.html/?a=viewall), higher education costs are so high the graduation rates [favor the wealthy](https://www.forbes.com/sites/eriksherman/2017/01/11/why-millennials-boomerang-home-its-not-student-loans-its-worse/#6ac6b5995d86), widening the lifetime income gap, and [HOOCOODANODE](https://en.wiktionary.org/wiki/Talk:hoocoodanode)!? We'll survive fine through this; it isn't a nuclear war (much as some elements in the world are itching to mash that Big Red Button).  But vast swathes of the economic landscape that relied upon the Boomer-based lifetime income model will revamp for the Millennial new normal. I anticipate lots of asset revaluations and reallocations. Millennials worldwide see a much stretched-out period of income stagnation while waiting for older generations to retire out of the economy, then there will be a modest bump as they start filling in some of those vacant positions; automation will permanently eliminate many of those vacancies. For businesses, I anticipate this expresses as a worldwide, Japan-style constant, low-grade deflationary pressure and environment for several decades as the the landscape is reconfigured, before we find a new capital/credit/debt equilibrium that enables more dynamism and growth."}
{"_id": "31110", "title": "", "text": "&gt;When you hear mainstream economists offer detailed reasons why the Bush-Clinton tax increases were needed and why the Obama deficits are the right medicine for the economy, bear in mind these are the same economists who did not see the 2007 housing collapse coming, did not see the 2008 financial panic coming.     Here's the thing...neither did the economists in the other camp. Hardly anyone was openly talking about the problems."}
{"_id": "31116", "title": "", "text": "if employees are difficult to fire, it make it difficult to hire to begin with. It is well proven phenomenon in South European countries. Making union powerful simply create two tire system whereby the system only protect those who are already employed.   North European countries, instead, adopt flexible system whereby business is free to fire but redundancy pay increase by the number of years of employment. Also, this is backed by robust unemployment benefit."}
{"_id": "31117", "title": "", "text": "If you didn't receive the money in 2012 or have constructive receipt you really can't claim the income. If the company is going to give you a 1099 for the work they aren't going to give you one until next year and if you claim it this year you will have a hard time explaining the income difference. On the other hand if this isn't miscellaneous income, but rather self employment income and expenses you should be able to claim the expenses in 2012 and if you have a loss that would carry over to 2013. Note it is possible to use an accrual basis if you are running a business (which would allow you to do this), but it is more complex than the cash accounting individual tax payers use."}
{"_id": "31139", "title": "", "text": "Yes, you're absolutely right. For such small amounts and such large fees, almost any investment choice is pointless. Some brokers allow for commission free ETF trading.  Seek them out. As you've noticed, bond interest rates are almost 0%.  This is a far cry from the days of Benjamin Graham, where the USD acted more like gold, with much more frequent booms and busts. During Graham's heyday, one could sell one's bonds at super low interest rates and buy them back again when high.  In his day, interest rates would be very high one year like in 2008 and next to nothing the next like in 2009, cycling back and forth, until the 1960s hit, and he didn't know what to do. Graham preferred to wait for the reversion to the mean, and act only when far from it.  Those opportunities are few and far between now since fiat currencies are far better managed than they were then, the Fed-caused 2009 total destruction as an outlier to recent times. In your case, it's best to leave the bonds to the insurance companies and buy equities.  If you want less volatility, buy a buy-write ETF.  Bonds will surely disappoint unless one is lucky enough to hold bonds while interest rates fall from ~6% to ~3%, an eventuality that shouldn't be expected to occur again, as Bill Gross is painfully discovering."}
{"_id": "31142", "title": "", "text": "\"Despite having a math degree, I basically only use basic algebra/probability/calculus on a day to day basis as my career has gone a different direction away from the modelling/quanty stuff.  Some fun reading:  * The SABR Model - [SABR/LIBOR Model](http://www.amazon.com/SABR-LIBOR-Market-Model-Interest-Rate/dp/0470740051) * Shevre's Stochastic Calculus for Finance - [Book 1](http://www.amazon.com/Stochastic-Calculus-Finance-Binomial-Textbooks/dp/0387249680/) &amp; [Book 2](http://www.amazon.com/Stochastic-Calculus-Finance-Continuous-Time-Textbooks/dp/144192311X/)  One of the big 'hard' problems is calibrating a swap curve w/ what's known as the 3s6s Basis. As a number of true quants have said to me it is a \"\"non-trivial problem\"\". Its basically trying to match two curves with different compounding over a number of different knot points.  SABR Model, listed above, is all about calibrating and figuring out how the current rate enviroment is behaving, is it normal or lognormal? What is the blend between the two, how do you know when you are in a different environment etc. Can rates go negative?\""}
{"_id": "31144", "title": "", "text": "The regulations you're talking about (TR 1.263) are going into effect starting tax year 2016, so for purchases you made last year they're (kindof...) irrelevant. Kindof, because the IRS promises to not audit those that qualify under the regulations even if they use it before it goes into effect, but it doesn't legally have to. Since the regulations are new, I suggest you talk to a licensed professional who'd explain them to you and interpret them with regards to your specific situation. From my brief read, you can expense under these rules things that you would otherwise capitalize, with the $500 limit to the invoice. Meaning, if you bought a computer paying $500, which you use 50% for your business - you can expense $250. The benefit, comparing to the Sec. 179, is that you're not limited to new items, nor are you limited to business revenue. Otherwise, it looks like the applicability is similar. As I said - talk  to a licensed tax adviser (EA/CPA licensed in your State), since these rules are new and untested, and you should probably have a professional provide guidance. I'm not such a professional."}
{"_id": "31150", "title": "", "text": "the person at the other end of the question is probably some low level employee getting paid less than $20 an hour, most likely, he'll just ask you if you have a point and then move on to the next person that actually needs something.  You are seriously overestimating reddit. Do you realize that the majority of redditors are young teens who don't even have bank accounts? Not to mention the amount of people who not only understand the equifax situation but actually care?"}
{"_id": "31154", "title": "", "text": "&gt;$1160 per month, lets say you only have one kid.  &gt;Oh, wait, taxes are taken out. You really only have about $1,000 to work with.  To be fair with your calculation, with $1,160 a month, you're not subject to federal income tax and most likely no state income tax, *especially* with a child.  That adds an extra $1,900 to the calculation.  Plus you'll get a $1,000 child tax credit from the government.  I'm not saying the extra $3,000 is enough to live on, but that calculation above leaves a bit out.  Edit: Brainfart - I forgot about Social Security / FICA.  In most years it's around 7.65%, which would be about $1,000."}
{"_id": "31161", "title": "", "text": "Spoken like a true conspiracy theorist.  More realistically, the conservative audience includes a spectrum of people and viewpoints, so Fox includes a spectrum of people and viewpoints. While that spectrum all tends to fall into the conservative portion of the greater spectrum, it includes a range of people, as I said, from extremist commentators to legitimate newspeople because the conservative audience itself has that range and those demands."}
{"_id": "31182", "title": "", "text": "A trust is a financial arrangement to put aside money over a period of time (typically years), for a specific purpose to benefit someone. Two purposes of trusts are 1) providing for retirement and 2) providing for a child or minor. There are three parties to a trust: 1) A grantor, the person who establishes and funds a trust. 2) A beneficiary, a person who receives the benefits. 3) a trustee, someone who acts in a fiduciary capacity between the grantor and beneficiary. No one person can be all three parties. A single person can be two of out those three parties. A RETIREMENT trust is something like an IRA (individual retirement account). Here, a person can be both the grantor (contributor) to the IRA, and the beneficiary (a withdrawer after retirement). But you need a bank or a broker to act as a fiduciary, and to handle the reporting to the IRS (Internal Revenue Service). Pension plans have employers as grantors, employees as beneficiaries, and (usually) a third party as trustee. A MINORS' trust can be established under a Gift to the Minors' Act, or other trust mechanisms, such as a Generation Skipping Trust. Here, a parent may be both grantor and trustee (although usually a third party is a trustee). A sum of money is put aside over a period of years for the benefit of a minor, for a college education, or for the minor's attaining a certain age: a minimum of 18, sometimes 21, possibly 25 or even older, depending on when the grantor feels that the minor is responsible enough to handle the money."}
{"_id": "31185", "title": "", "text": "That is exactly the problem people aren't seeing. Automation. It makes things cheaper and more reliable than people. It also cuts the man hours needed down to a small fraction of what it was before. There haven't been enough new jobs created to make up for the jobs lost from automation.  In a perfect world, we would all just work a shorter schedule each and still live increasingly better lives as time went on but we all know that isn't going to happen, at least not without HUGE changes to the whole world."}
{"_id": "31189", "title": "", "text": "\"It is typically best to pay minimum payments to 2 of the loans and pay aggressively on the third loan. Some will tell you to pay the highest interest rate loan off first because \"\"personal finance\"\" is about \"\"finance\"\" and mathematically that saves you the most interest. Some will tell you to pay the smallest balance loan off first because \"\"personal finance\"\" is \"\"personal\"\" and the psychological \"\"win\"\" of paying off a loan is more valuable than the small amount of interest difference between this strategy and paying off the loan with the highest interest rate first.\""}
{"_id": "31204", "title": "", "text": "\"&gt;I think you are confusing \"\"understands technology\"\" with \"\"is technology guru\"\" or \"\"technology visionary\"\".  Nope.  I don't think Sculley really fits in ANY of those categories.  He's a marketer &amp; speaker -- he learns just enough of the **buzzwords &amp; jargon** to make it SOUND as if he knows what is going on... but -- like many other similar people -- he really doesn't have a frigging clue.  &gt;Your timeline is flawed, as Sony's early work goes back well in to the 50's.  Sony was working on \"\"color TV's\"\" yes... but not anything related to what became the \"\"Trinitron\"\" -- that history is well documented (both in the patents that they licensed, and the people/teams &amp; subsequent patents that they filed, as well as in various narrative histories from the people involved).  &gt; I don't look at his work with the CRT as a demonstration of any particular brilliance  Of course you do... that's the entire reason you regurgitated that little \"\"myth\"\" -- to support this illusion/delusion you have that he HAS some \"\"technological brilliance\"\" -- all of your previous comments in this thread are in that vein.  &gt;You should read Jobs' own accounts of meeting and recruiting Sculley. They had very extensive conversations about technology and while Jobs no doubt didn't see him as a visionary, the computer industry was new to Sculley so he had a lot to learn (particularly the first year), and Sculley clearly didn't get Jobs' design esthetic, but Jobs very much felt he could share his vision and Sculley would understand it and its implications. Similar comments from Markkula and others who worked with the guy then.  Jobs was **bullshitter** -- a very charismatic one no doubt -- but a bullshitter nonetheless.  &gt; Sculley definitely sees himself not as a technical visionary or even a technologist, but as a master marketer.  ROTFLMAO... Riiiight... that's why he promotes himself as a \"\"technology visionary\"\" speaker:  &gt;&gt;In the Age of Smartphones, Smart Pads and Smart TVs, John Sculley is the Quintessential Smart Entrepreneur - A Compelling Public Speaker on Innovation in Global Business and Technology\""}
{"_id": "31212", "title": "", "text": "\"here is what I don't get . . .when they say \"\"Unwind\"\" does it mean put a corkscrew up their ass and twist? because if they mean sell it back int the market, the problem was that there was no market and thats why it ended up on the Feds balance sheet.  There is still no market for those Toxic assets . . . so does that mean the Fed is going to write it off?  I bet we see QE 4 before any unwinding\""}
{"_id": "31221", "title": "", "text": "That's tricky, actually. First, as the section 1015 that you've referred to in your other question says - you take the lowest of the fair market value or the actual donor basis. Why is it important? Consider these examples: So, if the relative bought you a brand new car and you're the first title holder (i.e.: the relative paid, but the car was registered directly to you) - you can argue that the basis is the actual money paid. In essence you got a money gift that you used to purchase the car. If however the relative bought the car, took the title, and then drove it 5 miles to your house and signed the title over to you - the IRS can argue that the car basis is the FMV, which is lower because it is now a used car that you got. You're the second owner. That may be a significant difference, just by driving off the lot, the car can lose 10-15% of its value. If you got a car that's used, and the donor gives it to you - your basis is the fair market value (unless its higher than the donor's basis - in which case you get the donor's basis). You always get the lowest basis for losses (and depreciation is akin to a loss). Now consider the situation when your relative is a business owner and used the car for business. He didn't take the depreciation, but he was entitled to. IRS can argue that the fact that he didn't take is irrelevant and reduce the donor's basis by the allowable depreciation. That may bring your loss basis to below the FMV. I suggest you take it to a tax professional licensed in your state who will check all the facts and circumstances of your situation. Your relative might be slapped with a gift tax as well, if the car FMV is above certain amount (currently the exemption is $14000)."}
{"_id": "31224", "title": "", "text": "Putting 64% of a portfolio in gold and silver is pretty reckless from an investing standpoint. That being said, if he really did buy most of the stocks in 2002, he's probably made a good deal of money off these picks."}
{"_id": "31242", "title": "", "text": "Many people have criticized the Groupon IPO model because it doesn't make sense as an investment, unless you are an insider with cheap shares. Basically, you have:"}
{"_id": "31244", "title": "", "text": "There's really not a simple yes/no answer.  It depends on whether you're doing short term trading or long term investing.  In the short term, it's not much different from sports betting (and would be almost an exact match if the bettors also got a percentage of the team's ticket sales), In the long term, though, your profit mostly comes from the growth of the company.  As a company - Apple, say, or Tesla - increases sales of iPhones or electric cars, it either pays out some of the income as dividends, or invests them in growing the company, so it becomes more valuable.  If you bought shares cheaply way back when, you profit from this increase when you sell them.  The person buying it doesn't lose, as s/he buys at today's market value in anticipation of continued growth.  Of course there's a risk that the value will go down in the future instead of up. Of course, there are also psychological factors, say when people buy Apple or Tesla because they're popular, instead of at a rational valuation.  Or when people start panic-selling, as in the '08 crash.  So then their loss is your gain - assuming you didn't panic, of course :-)"}
{"_id": "31275", "title": "", "text": "I live downtown in a pretty big city where taxis (or car2go) are the dominant form of public transportation.   Fuck taxis.   After dealing with them for years, I hate them. They're always driven by shitheads from Somalia who are always rude, they and their cars stink to hell, they're always yelling on the phone in Arabic, and that's just once you actually get in the car. First, you have to stand your ass on the street and flag one down, because if you call the dispatcher, you get another fucking Somalian who doesn't give a rats ass about where you are or when you need to be picked up. Going to a meeting or have dinner reservations? Good luck. After going out and trying to get a ride home, there's a 50/50 chance the asshole taxi driver won't let you in until you tell him you're destination, then he'll just speed off if he decides its not far enough. When it comes time to pay, they will agressively get in your face and demand you pay them in cash, *not with a credit card*. I've had my credit card info stolen after using it in a cab. On more than one occasion, my girlfriend paid with a card, the driver grabbed it from her,  *entered his own tip* and bitched at her the whole time.   Every **EVERY** single time I've used Lyft its been a great experience. The cars are always clean, the drivers are always super friendly, I know exactly where and when to expect them via the app, and paying is a cinch. Fuck taxis. Taxis are an old, inefficient system and I'm glad they're being replaced. I don't care about whatever consumer protections they don't have, Lyft had their own algorithm to calculate fares and its at least consistent."}
{"_id": "31301", "title": "", "text": "Is it common in the US not to pay medical bills? Or do I misunderstood what had been said? There has definitely been a misunderstanding as it is not that common for people to not pay medical bills. Yes, there are those that cannot afford to pay them, and that does contribute to increasing prices, but overall people do pay. I think there is an aspect to this that has not been covered by the other two answers. What is common, at least in my experience, is that medical providers (i.e. doctors, hospitals, radiology, etc) are much more likely to work with you on establishing a payment plan than utilities, credit card companies, banks, etc are. This is different than holding off payment in the hopes of negotiating a reduction in payment. I am speaking of paying the total amount, but over multiple payments, and without a penalty for paying over multiple payments. And usually they will ask you what you can afford. If you can pay $50 per month, likely that will work. And even what I do that and call to pay the monthly amount, they will ask if I will pay that or some other (including lesser) amount. Also, if I skip a month (usually from forgetting, not intentionally) there is again no additional fee. This doesn't cover ALL providers, but so far has been consistent across all of the ones I have used. I suspect this is what your colleagues were referring to."}
{"_id": "31319", "title": "", "text": "The thing is, one of the primary reasons tickets cost so much (the entire price including fees) is because the bands require more money than ever. Competing ticket vendors usually only cost a few dollars less than Ticketmaster. So, there's not really much of an alternative (on the whole ... I'm sure some bands out there would play for less money under certain circumstances) ... until the next shift in the music business becomes clear."}
{"_id": "31330", "title": "", "text": "Have you owned the stock for longer than 2015?  The stock appears to have grown in value since December 2014 from 72.85 to 73.5 which is about 0.89% growth in the year to date (2015)."}
{"_id": "31331", "title": "", "text": "\"I think the claim is that you shouldn't buy a house expecting it to increase in value as you would a stock portfolio. OTOH if you are looking at it from the stand point of \"\"I need housing, mortgage payments and rent are comparable and I build equity if I buy a house rather then rent\"\" that's potentiality a very different situation (that I'm not qualified to judge).\""}
{"_id": "31337", "title": "", "text": "It's very sustainable.  Let's say the Typical subscribing user stays on for 20 months at $20 a month, means that the LTV of a paying tinder user is $400.   Tinder even has a pyramid pricing, charging older users more in addition to their Super Premium gold users.   In app purchases of super-likes and blasts.  And ad revenue...   I think buying Tinder was smart"}
{"_id": "31340", "title": "", "text": "Take your problem-solving skills to the next level while learning to build. Game design courses allow students to create their own unique virtual worlds with blocks of material mined from the ground. Children interested in games, such as video or computer games, and how they work may enjoy attending some Game Design Programs. These Game design programs &amp; courses give children a great opportunity to learn the basics of game design and computer programming. Checkout us online: http://www.homebuiltairplanes.com/forums/member.php?u=46817"}
{"_id": "31343", "title": "", "text": "\"I think you're missing a fixed and variable breakout cost per unit here. Fixed costs per unit decrease as volume rises.  If you think VC and equity peeps would throw down bills to a company who can't reasonably argue or support a cash generating model, you're likely mistaken. Uber's infrastructure and rapid scaling are cost intensive, however, once implemented, their costs do not rise 1:1 with every person who hails an Uber, which is what you're implying by leaving us two identical profit margins at vastly different volumes, which only exists in fairy-tale \"\"unicorn\"\" land.   Also, to your comments below: Oh wow, you think a tech company is overvalued? Like that's not the real \"\"soundbite\"\" - same fuckin' soundbite I heard when Amazon was trading at 200 a share.\""}
{"_id": "31365", "title": "", "text": "\"LOL!!!! A BBC report about \"\"hate crime\"\" only listing attacks on migrants, but does not list attacks on Germans.  **Bottom line: Germany needed those migrants like it needed a bullet in its head. Meanwhile, Japan, Poland, Hungary, Norway, etc have not issue to deal with and they are doing just fine.**\""}
{"_id": "31374", "title": "", "text": "I think he is saying that the vote was not the reform needed. Some of you will be too young to understand but my only class action that I was in was Blockbuster. I ended up with like $1.45. If I had to guess I would spend about 20-50 bucks a month in late fees. Sometimes it was my fault because if I missed the weird time to return them I felt I might as well keep them for the fees and would be late again. I did not agree to sue them. I just did not opt out. Blockbuster made tons off of me and people like me. The lawyers who really just put people together as a class made millions. The customer is a pawn. That is what I think he means. You would need meaningful reform in the class action space for this to really matter. This is one of our boys are going to be sued and we should help them. Congress has basically protected Equifax downside risk. Yetto address the reality of the fact that the hack impacts the people congress supposedly works for and was caused by gross negligence. Maybe they should be building an RFP to replace them, not protect them."}
{"_id": "31376", "title": "", "text": "I think Jobs had an impact based on his ideas, if you look at Apple under Scully and then again when Jobs came back there was a clear difference. The real test will be what happens to Apple now that he's gone for good."}
{"_id": "31377", "title": "", "text": "\"In the UK there is a School Rewards System used in many schools to teach kids and teens  about finance and economy. In the UK there is a framework for schools called \"\"Every Child Matters\"\" in which \u2018achieving economic well-being\u2019 is an important element. I think is important to offer to offer a real-life vehicle for financial learning beyond the theory.\""}
{"_id": "31382", "title": "", "text": "Don't worry about your Smith &amp; Wesson shares.  Sooner or later, some nut will shoot up a gun-free zone, then everyone will run off to by guns &amp; ammo before the government comes to take them all.  It's gotten sadly predictable."}
{"_id": "31413", "title": "", "text": "\"If you do it, be sure to read what you sign. They'll sign you up on some type of \"\"credit insurance\"\" and not tell you about it. It costs like $10 a month. If you don't sign up for that, you should be fine. I bought my HDTV this way, though I wish I would have saved and paid up front. I'm moving more towards the \"\"cash only\"\" mindset.\""}
{"_id": "31432", "title": "", "text": "The time when you might want to do this is if you think BBY is undervalued already.  If you'd be happy buying the stock now, you'd be happy buying it lower (at the strike price of the put option you sold).  If the stock doesn't go down, you win.  If it does, you still win, because you get the stock at the strike price. If I recall correctly Warren Buffett did this with Coca-Cola.  But that's Warren Buffett."}
{"_id": "31452", "title": "", "text": "Also I don't need to put up as much money, and since I am a college student, that allows me to conserve capital, but still diversify into that market. I am still reading up on them before I jump in, but these securities fascinate me."}
{"_id": "31462", "title": "", "text": "\"In asnwer to your questions: As @joetaxpayer said, you really should look into a Solo 401(k). In 2017, this allows you to contribute up to $18k/year and your employer (the LLC) to contribute more, up to $54k/year total (subject to IRS rules). 401(k) usually have ROTH and traditional sides, just like IRA. I believe the employer-contributed funds also see less tax burden for both you and your LLC that if that same money had become salary (payroll taxes, etc.). You might start at irs.gov/retirement-plans/one-participant-401k-plans and go from there. ROTH vs. pre-tax: You can mix and match within years and between years. Figure out what income you want to have when you retire. Any year you expect to pay lower taxes (low income, kids, deductions, etc.), make ROTH contributions. Any year you expect high taxes (bonus, high wage, taxable capital gains, etc.), make pre-tax payments. I have had a uniformly bad experience with target date funds across multiple 401(k) plans from multiple plan adminstrators. They just don't perform well (a common problem with almost any actively managed fund). You probably don't want to deal with individual stocks in your retirement accounts, so rather pick passively managed index funds that track various markets segments you care about and just sit on them. For example, your high-risk money might be in fast-growing but volatile industries (e.g. tech, aerospace, medical), your medium-risk money might go in \"\"total market\"\" or S&P 500 index funds, and your low-risk money might go in treasury notes and bonds. The breakdown is up to you, but as an 18 year old you have a ~50 year horizon and so can afford to wait out anything short of another Great Depression (and maybe even that). So you'd want generally you want more or your money in the high-risk high-return  category, rebalancing to lower risk investments as you age. Diversifying into real estate, foreign investments, etc. might also make sense but I'm no expert on those.\""}
{"_id": "31465", "title": "", "text": "\"Honestly, I wonder if the other answerers aren't overthinking it. Their answers are detailed and correct, but what your coach may be saying is this: When you have bought a stock, on cash or margin, and you are watching it rise you are evaluating when you sell on the price of the stock you are seeing. In reality, you should look at the bid (price buyers will give you for the stock) and ask (price sellers will charge you for the stock) prices. If the stock is going up, odds are the price of the stock is very close to the ask price because it is purchases that are driving it up, but that's not what you're going to get when you sell. You're going to get something around the bid price. If the spread between the two is large (i.e. a volatile stock) this could be many cents or more lower than the ask price. Therefore, what your coach may mean by \"\"Selling on Ask\"\" is you're using the stock price when it's equal or close to the ask price to decide when to sell, instead of letting the stock peak and drop (when its price will approach the bid price) or letting the trailing bid offers catch up to your desired sell point and selling then (i.e. letting the stock point grow PAST your sell point, dragging the bid price up with it). Just a thought, but that sounds like a term a coach would come up with to mean selling and getting less than you thought you were going to from the sale. (I know it's a necro reply, but the Interwebs are immortal and people come via Google... I did)\""}
{"_id": "31471", "title": "", "text": "The Child Care Expense Deduction (line 214) dollar limits will each increase by $1000, to new amounts of $8000 for children under 7 and $5000 for children age 7\u201316. Notes: As a tax deduction, your tax liability gets reduced at your marginal income tax rate, not the lowest tax rate (as would be the case for a tax credit). Yes, you still need receipts from your child care provider to support any claim. The non-refundable child tax credit a.k.a. amount for children under age 18 (line 367) introduced in 2007 is being eliminated starting in tax year 2015 coincident with the UCCB enhancement above. The credit could previously reduce tax liability by ~$340. The Family Tax Cut is being introduced and will be effective for tax year 2014. That is, when you file your 2014 income tax return in early 2015, you may be able to take advantage of this measure for income already earned in 2014. Provided a couple has at least one child under the age of 18, the Family Tax Cut will permit the transfer of up to $50,000 of taxable income from the higher income spouse's income tax return to the lower income spouse's return. While the potential transfer of $50,000 of taxable income to lower tax brackets sounds like a really big deal, the maximum tax relief is capped at $2000."}
{"_id": "31477", "title": "", "text": "The collectible value of coins will probably increase with the underlying metal value. I'd collect coins for that reason and because I enjoy collecting them. I wouldn't recommend buying bags of rolled nickels or anything though."}
{"_id": "31483", "title": "", "text": "If you have non-salary income, you might be required to file 1040ES estimated tax for the next year on a quarterly basis. You can instead pay some or all in advance from your previous year's refund. In theory, you lose the interest you might have made by holding that money for a few months. In practice it might be worth it to avoid needing to send forms and checks every quarter. For instance if you had a $1000 estimated tax requirement and the alternative was to get 1% taxable savings account interest for six months, you'd make about $3 from holding it for the year. I would choose to just pay in advance. If you had a very large estimation, or you could pay off a high-rate debt and get a different effective rate of return, the tradeoff may be different."}
{"_id": "31509", "title": "", "text": "\"I think what you are looking for is a secured credit card. They are mostly used by people who have ruined their credit and want to rebuild it, but it might also serve your purpose.  Essentially you deposit some money in an account and the credit card can be used up to the amount left in the account. Each month when you pay the bill, it resets the balance that you can charge. Also, many credit card providers also offer \"\"disposable\"\" or \"\"one use\"\" credit card numbers for the express purpose of using it online. It still gets charged against your regular account, but you get a separate number that can only be used for up to X dollars of transactions.\""}
{"_id": "31512", "title": "", "text": "It is through a vendor leasing to a provider(99% coverage lol).  Our municipality does not allow private entities to attach to the fixtures so that puts me in the cats seat.  They will be metering their own electric so that is not a problem.   You seem to be pretty knowledgeable,  would it benefit me to argue for yearly payments instead of monthly?"}
{"_id": "31516", "title": "", "text": "You can take a look at EDGAR (Electronic Data Gathering, Analysis, and Retrieval), a big database run by the SEC where  all companies, foreign and domestic, are required to file registration statements, periodic reports, and other forms electronically."}
{"_id": "31525", "title": "", "text": "Oh, don't expect us to take sides, we love both our parents the same! As to the pragmatic decision making - simple math. The disagreement is whether to pay off the HELOC or to invest into the mutual fund instead. Well, check the yield of the fund, compare to the costs of keeping the HELOC balance, and see which one makes more sense. Just compare the expected payments and gains for each of the scenarios and you'll get your answer."}
{"_id": "31538", "title": "", "text": "Well, which is it?  Police or Fire?  &gt;Police and Fire  You are either one or the other, not both.  And NEITHER is really among the most dangerous jobs (yes there are police forces in certain locales that have higher than average death &amp; disability rates, but for the majority of the country, the rates are actually below average)."}
{"_id": "31542", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/08/17/a-gary-cohn-resignation-would-crash-the-markets-jeffrey-sonnenfeld.html) reduced by 66%. (I'm a bot) ***** &gt; The New York Times reported Wednesday that Cohn, who is Jewish, was &amp;quot;Upset&amp;quot; and &amp;quot;Disgusted&amp;quot; with President Donald Trump&amp;#039;s response to Saturday&amp;#039;s deadly white nationalist rally in Virginia.  &gt; During a heated press conference Tuesday, Trump defended his comments that &amp;quot;Both sides&amp;quot; were to blame for the violence over the weekend that left a counterprotester dead. That prompted several members of Trump&amp;#039;s advisory councils to announce their resignations, which caused Trump to eventually dissolve the councils entirely.  &gt; A Cohn resignation could be a hit to Trump&amp;#039;s plans to revamp the tax code.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ub6qf/a_gary_cohn_resignation_would_crash_the_markets/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~193173 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Trump**^#1 **Cohn**^#2 **White**^#3 **markets**^#4 **CNBC**^#5\""}
{"_id": "31550", "title": "", "text": "\"There are two types of insurance: whole life and term. I don't recommend whole life insurance, because you are insuring against something that will happen, your death. Maybe you could buy it if members of your family have a history of outliving the averages. This is called \"\"adverse selection.\"\" Term is different: it insures against your UNTIMELY death. Many people I know take term insurance for the X years until their last child leaves college, or some other well defined \"\"term.\"\" They don't want to die before this term but will be satisfied with the insurance as a \"\"consolation\"\" prize.\""}
{"_id": "31565", "title": "", "text": "The days are long gone when offered mortgages were simply based on salary multiples. These days it's all about affordability, taking into account all incomes and all outgoings. Different lenders will have different rules about what they do and don't accept as incomes; these rules may even vary per-product within the same lender's product list.  So for example a mortgage specifically offered as buy-to-let might accept rental income (with a suitable void-period multiplier) into consideration, but an owner-occupier mortgage product might not. Similarly, business rules will vary about acceptance of regular overtime, bonuses, and so on. Guessing at specific answers: #1 maybe, if it's a buy-to-let product, Note that these generally carry a higher interest rate than owner-occupier mortgages; expect about 2% more #2 in my opinion it's extremely unlikely that any lender would consider rental income from your cohabiting spouse #3 probably yes, if it's a buy-to-let product"}
{"_id": "31574", "title": "", "text": "Yes.  The investment world is extremely fast-paced and competitive. There are loads of professional traders with supercomputers working day in and day out to make smarter, faster trade decisions than you. If you try to compete with them, there\u2019s a better than fair chance you\u2019ll lose precious time and money, which kind of defeats the purpose. A good wealth manager: In short, they can save you time and money and help you take the most advantage of your current savings. Or, you can think about it in terms of cost. Most wealth managers charge an annual fee (as a % of the amount invested) for their services. This fee can range anywhere from close to zero, to 0.75% depending upon how sophisticated the strategy is that the money will be invested in, and what kind of additional services they have to offer. Investing in the S&P500 on the behalf of the investor shouldn\u2019t need a fee, but investing in a smart beta or an alpha strategy, that generates returns independent of the market\u2019s movement and certainly commands a fee. But how does one figure if that fee is justified? It is really simple. What is the risk-adjusted performance of the strategy? What is the Sharpe ratio? Large successful funds like Renaissance Technologies and Citadel can charge 3% in addition to 30% of profits because even after that their returns are much better than the market. I have this rule of thumb for money-management fees that I am willing to pay:"}
{"_id": "31575", "title": "", "text": "Maybe this just me, but learn to talk like an adult. I know it sounds like an insult to say this, but many interns where I work speak very casually, say 'like' frequently, and end all their sentences with an upturn, like a question.   I've worked many suit type jobs, and I find that young people are taken more seriously if they present themselves as adults."}
{"_id": "31581", "title": "", "text": "When interest rates rise, the price of bonds fall because bonds have a fixed coupon rate, and since the interest rate has risen, the bond's rate is now lower than what you can get on the market, so it's price falls because it's now less valuable. Bonds diversify your portfolio as they are considered safer than stocks and less volatile. However, they also provide less potential for gains. Although diversification is a good idea, for the individual investor it is far too complicated and incurs too much transaction costs, not to mention that rebalancing would have to be done on a regular basis. In your case where you have mutual funds already, it is probably a good idea to keep investing in mutual funds with a theme which you understand the industry's role in the economy today rather than investing in some special bonds which you cannot relate to. The benefit of having a mutual fund is to have a professional manage your money, and that includes diversification as well so that you don't have to do that."}
{"_id": "31582", "title": "", "text": "400 games a day are released in the app stores. There will always be random small games that find success but the vast majority of devs without diversified portfolios and cash flow will fail quickly. It's like any other entertainment industry with way more music tracks/movies/games than demand. It's incredibly risky (not to mention freaking hard as hell to make something 'fun'), especially compared to taking those programming skills and making a decent, steady salary as an engineer."}
{"_id": "31585", "title": "", "text": "\"Ok, I was being a bit rhetorical, sorry, it failed to come across.  I know there are other firms, but I have never seen anyone say \"\"ex-Bain people\"\". Is McKinsey sort of used like you just used google, not to refer to the company but as a type of thing (google = search engines; McKinsey = management consultants)?\""}
{"_id": "31587", "title": "", "text": "Exchange traded options are issued in a way that there is no counter party risk.  Consider, stocks and options are held in street name. So, for example, if I am short and you are long shares, no matter what happens on my end, your shares are yours.  To be complete, it's possible to enter into a direct deal, where you have a contract for some non-standard option, but that would be very rare for the average investor."}
{"_id": "31603", "title": "", "text": "The balance is the amount due."}
{"_id": "31608", "title": "", "text": "The problem I have with all this is won those tours against EVERYONE ELSE WHO WAS ALSO DOPING. I'm not sure he gained a competitive advantage when the entire field was also doping.   Lewis Blacks rant on John Stewart earlier this week was spot on."}
{"_id": "31631", "title": "", "text": "This article leaves quite a bit of information out, I gather. Poorly written. How many corporations is he getting paid from? What were the terms of the agreement? It sounds like Kiyosaki himself isn't going bankrupt, it sounds like some small, off-shoot is taking the brunt of the damages so the rest of his assets can move on. This guy knows how to protect himself and his companies. This could be nothing more than a parking ticket for him, and this news website decided to sensationalize it. What a surprise."}
{"_id": "31643", "title": "", "text": "&gt;&gt; Why would the executives take accept a salary at 80% of the market wage when they could just get a job at 100% of the market wage.  &gt;This may be true for managers, but research has found little to no evidence of a relationship between executive pay and performance.  If that were true, the company shareholders could replace them all with monkeys, and give all that executive pay to themselves.  &gt; without telling shareholders how much they're costing them.  Now that just seems disingenuous. How do you think they could possibly hide that from the shareholders?"}
{"_id": "31660", "title": "", "text": "\"So? In the past, if you did not know, only 2% of the population had bachelor degrees.  You know very well that, unless you physically drop from high school, you will graduate, even if you can barely read, write or answer \"\"if you drive 70 MPH, how long does it take to drive 70 miles?\"\"  And as a former professor in the university, I was told I can't fail students even if they are complete illiterate idiots.  33% (one in three!) of the population having [worthless] Bachelor degrees and going into debt because of that is terrible!!! It's not realistic.  They lowered the requirement to finish high school and bachelor degree so much that those degrees became worthless.\""}
{"_id": "31663", "title": "", "text": "Those folks should be introduced to some real estate folks I know, they'd get along famously, being as how they still think it's 2007. The amount of housing out there requires that a large market of consumers is available to purchase them. If housing prices rose infinitely ahead of salaries, the market for potential buyers would continue to shrink until supply would outstrip demand. And then we have the wonderful housing bubble like the one that we just went through (or in some places like China, have the potential to go through). Short version: It violates the relationship between supply and demand."}
{"_id": "31664", "title": "", "text": "\"If they made deposits 20 years ago, and none since, the S&P is up over 300% since then. i.e. a return of $40,000 on $10,000 invested. We wouldn't expect to see that full return, as a prudent mix of stock and bonds (or any treasury bills/CDs, etc) would lower the overall return during this period.  Advice \"\"Transfer the money, directly to an IRA at a broker, Fidelity, Schwab, Vanguard, etc.\"\"  For most people, going after the advisor isn't worth it, unless the sums are large and the poor management, pretty clear.  The lesson for readers here - monitor your investments. Ask questions. It's not about \"\"beating the market\"\" which can actually create more risk, but about understanding the returns you see, and the fees you are spending. The mistake didn't occur at the time the money was invested, but every year it wasn't monitored.\""}
{"_id": "31665", "title": "", "text": "You can but there is no point trading CFD's seeing you may still lose more than your investment due to slippage"}
{"_id": "31694", "title": "", "text": "If I understand you right, people are giving the LLC money for an ownership share.  That is NOT income - it would go under equity on the balance sheet.  It is analogous to getting a loan from the bank.  It is not income - you get cash (an asset) and have an increase to debt (a liability)"}
{"_id": "31697", "title": "", "text": "Alright business types, how is facebook worth anywhere near 24B? Where is this revenue coming from?   Also, how are they so sure facebook isn't going to be the next myspace, given how fickle the population is and how many people are already fed up with facebook to the point where they have closed accounts?"}
{"_id": "31699", "title": "", "text": "In reference to the original question: You put pretax (untaxed) money into an IRA.  If this was a rollover from a company plan (like a 401k), your company may have also put pretax dollars in.  As the account grows, you get gains on all of this money.  The government gives you this amazing deal because they want you to save for retirement.  But, they also want you to eventually spend the money in retirement and they want to collect those deferred taxes.  So they require RMDs starting at age 70.5.  To guarantee that people follow the rules, they make a stiff penalty for not doing so. The IRS has the option to forgive a forgotten RMD distribution penalty, if you can convince them that it was a true oversight and not a deliberate flouting of the rules."}
{"_id": "31703", "title": "", "text": "It depends what you want to do with them.  If you are just simply going to drip-feed into pre-identified shares or ETFs every few months at the market price, you don't need fancy features: just go with whoever is cheaper.   You can always open another account later if you need something more exotic. Some brokerages are associated with banks and that may give you a benefit if you already deal with that bank: faster transfers (anz-etrade), or zero brokerage (westpac brokerage on westpac structured products.) There's normally no account fee so you can shop around."}
{"_id": "31704", "title": "", "text": "This answer fills in some of the details you are unsure about, since I'm further along than you. I bought the ESPP shares in 2012.  I didn't sell immediately, but in 2015, so I qualify for the long-term capital gains rate. Here's how it was reported: The 15% discount was reported on a W2 as  it was also mentioned twice in the info box (not all of my W2's come with one of these) but also  This showed the sale trade, with my cost basis as the discounted price of $5000. And for interests sake, I also got the following in 2012: WARNING! This means that just going ahead and entering the numbers means you will be taxed twice! once as income and once as capital gains. I only noticed this was happening because I no longer worked for the company, so this W2 only had this one item on it. This is another example of the US tax system baffling me with its blend of obsessive compulsive need for documentation coupled with inexplicably missing information that's critical to sensible accounting. The 1099 documents must (says the IRS since 2015) show the basis value as the award price (your discounted price).   So reading the form 8949: Note: If you checked Box D above but the basis reported to the IRS was   incorrect, enter in column (e) the basis as reported to the IRS, and   enter an adjustment in column (g) to correct the basis. We discover the number is incorrect and must adjust.  The actual value you need to adjust it by may be reported on your 1099, but also may not (I have examples of both). I calculated the required adjustment by looking at the W2, as detailed above. I gleaned this information from the following documents provided by my stock management company (you should the tax resources section of your provider):"}
{"_id": "31731", "title": "", "text": "Sounds like there are a lot of smarts behind that young brain. Or does he have the right people working for him?  Does anyone think he will turn into a typical young hollywood icon? Burned out, drugged up, and done with everything by 24?"}
{"_id": "31737", "title": "", "text": "omg, finally! I really did not feel like going through the whole anti-process. That would have been a cluster I swear. Can someone send this to google or apple?  PS pro tip, if this can make to the DoJ's desk pick up those netflix shares since after breaking these two up Netflix will finally earn a real margin."}
{"_id": "31779", "title": "", "text": "Vanguard offers an index fund. Their FTSE Social Index Fund. For more information on it, go here."}
{"_id": "31793", "title": "", "text": "Depends whom the 1099 was issued to. If it was issued to your corporation - then its your corporation's income, not yours. Why would it go to your tax return? Your corporation and you are two separate legal entities. You will have to file the 1120S, whether you have corporate income or not, it has to be filed each year. So why make a mess of your reporting and not just report the corporation income on its return and your personal income on your own return? If you no longer use the corporation and all the 1099's are issued to you personally, then just dissolve it so that you won't have to file an empty 1120S every year and pay additional fees for maintaining it."}
{"_id": "31801", "title": "", "text": "There are really two answers, depending on your goal. You're either trying to preserve wealth, or increase wealth. In the case of preserving wealth, undervalued blue chip stocks are always a great move. Bonus points if they have a history of increasing dividend payments. The best example I have is bank stocks - the continuously change their dividend payouts (usually to the benefit of investors), and at the same time, many have been undervalued, or over-whelped during the downturn.  Alternatively, you can let things sit, and buy high quality corporate bonds. I'm seeing (daily) offers from my brokerage's new issues list for high quality bonds paying 5.75%-7.25%. While you have to lock in your money for the period, the rate of return tends to offset lock-in worries, and you can still usually sell the shares in a secondary market, or through your broker."}
{"_id": "31832", "title": "", "text": "\"If I recall, Duke and Dynergy were both heavily involved in the Enron-style defrauding of California back in the late 90s where they'd split their business into various \"\"independent\"\" sectors, the parent company would charge sub-companies lots and pass those costs to the division servicing energy to CA while claiming \"\"thin margins\"\" justifying high energy fees.  I wonder if this is a pre-cursor to try to do the same thing to the midwest that they did to CA just before the elections in 2000. Drive up energy costs dramatically to incite anger at the existing administration, perhaps targeting individual states?\""}
{"_id": "31863", "title": "", "text": "Profit = Sale price - Basis Basis = Purchase price - any depreciation taken, including expensing it."}
{"_id": "31870", "title": "", "text": "He alienated whole countries and races of people. He also alienated more than half of America and he's wondering why  no one wants to buy his tacky condos or stay in his sub standard hotels? Moron. His base can't afford to buy those condos or stay at his hotels not till he gets rid those damn immigrants stealing coal jobs."}
{"_id": "31876", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Sales of beer down 3.1% in Germany in the first nine months of 2017](https://www.reddit.com/r/Economics/comments/79nk88/sales_of_beer_down_31_in_germany_in_the_first/) on /r/Economics with 0 karma (created at 2017-10-30 21:04:28 by /u/piaxtla)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "31877", "title": "", "text": "Our standard of living is much higher than our grandparent's or great grandparent's. Do we really need to list all the consumer goods that are now considered essential to a modern middle class family that simply did not exist 50-100 years ago? A lot of people complain that they can't afford the things their parents had, but how much of what you do have or pay a monthly bill for do you really need?"}
{"_id": "31911", "title": "", "text": "Yeah, it ends up being a bail out.   But then again, the tax payers bailed out the banks during the financial crisis (a crisis that was largely perpetuated by them) so should it be okay not to help bail these homeowners out during an actual natural disaster..."}
{"_id": "31933", "title": "", "text": "The Limit Order are matched based on amount and time. The orders are listed Highest to Lowest on the Buy Side. The orders are listed Lowest to Highest on the Sell Side. If there are 2 Sell orders for same amount the order which is first in time [fractions of milliseconds] is first.  The about is the example as to how the orders would look like on any exchange.  Now the highest price the buyer is ready to pay is 20.21 and the lowest price a seller is ready to sell for is 20.25. Hence there is no trade. Now if a new Buy order comes in at 20.25, it matches with the sell and the deal is made. If a new Buy order comes in at 20.30, it still matches at 20.25. Similarly if a Sell order come in at 20.21, it matches and a deal is made. If a Sell order come in at 20.11, it still matches 20.21.   Incase of market order, with the above example if there is a Buy order, it would match with the lowest sell order at 20.25, if there is not enough quantity , it would match the remaining quantity to the next highest at 20.31 and continue down. Similarly if there is a Sell market order, the it would match to the maximum a seller is ready to buy, ie 20.21, if there is not sufficient buy quantity at 20.21, it will match with next for 20.19   If say there are new buy order at 20.22 and sell orders at 20.24, these will sit first the the above queue to be matched. In your above example the Lowest Sell order was at 20.10 at time t1 and hence any buy order after time t1 for amount 20.10 or greater would match to this and the price would be 20.10. However if the Buy order was first ie at t1 there was a buy order for 20.21 and then at time later than t1, there is a sell order for say 20.10 [amount less than or equal to 20.21] it would match for 20.21. Essentially the market looks at who was the first to sell at lower price or who was the first to buy at higher price and then decide the trade.  Edit [To Clarify xyz]: Say if there is an Sell order at $10 Qty 100. There is a buyer who is willing to pay Max $20 and is looking for Qty 500. Your key assumption that the Buyer does not know the current SELL price of $10 is incorrect. Now there are multiple things, the Buyer knows the lowest Sell order is at $10, he can put a matching Buy order at $10 Qty 100, and say $11 Qty 100 etc. This is painful. Second, lets say he puts a Buy order at $10 Qty 100, by the time the order hits the system someone else has put the trade at $10 and his order is fulfilled. So this buyer has to keep looking at booking and keep making adjustments, if its a large order, it would be extremely difficult and frustrating for this Buyer. Hence the logic of giving preference. The later Buy order says ... The Max I can pay is $20, match eveything at the current price and get the required shares."}
{"_id": "31936", "title": "", "text": "If you want the cheapest online broker in Australia, you can't go past CMC Markets, they charge $9.90 upto a $10,000 trade and 0.1% above that. There is no ongoing fees unless you choose to have dynamic data (stock prices get updated automatically as they change). However, the dynamic data fee does get waived if you have about 10 or more trades per month. You don't really need the dynamic data unless you are a regular trader anyway. They also provide some good research tools and some basic charting. Your funds with them are kept segragated in a Bankwest Account, so are resonably safe. They don't provide the best interest on funds kept in the account, so it is best to just deposit the funds when you are looking to buy, and move your funds elswhere (earning higher interest) when selling. Hopes this helps, regards Victor. Update They have now increased their basic brokerage to a minimum of $11 per trade unless you are a frequent trader."}
{"_id": "31954", "title": "", "text": "\"I think Swenson's insight was that the traditional recommendation of 60% stocks plus 40% bonds has two serious flaws: 1) You are exposed to way too much risk by having a portfolio that is so strongly tied to US equities (especially in the way it has historically been recommend). 2) You have too little reward by investing so much of your portfolio in bonds. If you can mix a decent number of asset classes that all have equity-like returns, and those asset classes have a low correlation with each other, then you can achieve equity-like returns without the equity-like risk. This improvement can be explicitly measured in the Sharpe ratio of you portfolio. (The Vanguard Risk Factor looks pretty squishy and lame to me.) The book the \"\"The Ivy Portfolio\"\" does a great job at covering the Swenson model and explains how to reasonably replicate it yourself using low fee ETFs.\""}
{"_id": "31978", "title": "", "text": "The following have been recommended to me for the UK: When I was doing my investigations, all had good reputations but Interactive Investor looked to have the nicer service and their fees seemed a bit more reasonable.  TD Waterhouse has the advantage of a number of sites serving local markets (TD Ameritrade for the US, for instance)."}
{"_id": "31985", "title": "", "text": "I was in Mexico after The Donald got elected. Mexicans were friendly with me but definitely uneasy. Hopefully the ones I talked to about Trump were put at ease when I said he is just full of hot air and not much else. So far, that's the case."}
{"_id": "32005", "title": "", "text": "I had a similar decision to make. I got offered a modest salary near Philly, or a better salary plus a nice bonus in New York. I chose New York. I'm loving it so far but who knows what will happen. I'm actually saving a lot of money as I automatically have it deduct from my paycheck and disperse into several savings accounts. I guess it's different for everyone and you have to consider your situation before applying a blanket advice"}
{"_id": "32009", "title": "", "text": "\"So many complicated answers for a straight forward question. First to this point \"\"I am failing to see why would a person get an IRA, instead of just putting the same amount of money into a mutual fund...\"\" An IRA can be invested in a mutual fund.  The IRA benefit over standard mutual fund is pre-tax contribution lowering your current tax liability. The advantage of an IRA over a 401k is control.  Your employer controls where the 401k is invested, you control where your IRA is invested.  Often employers have a very small number of options, because this keeps their costs with the brokerage low. 401k is AMAZING if you have employer matched contributions.  Use them to the maximum your employer will match.  After that OWN your IRA.  Control is key when it comes to your money. On IRA's. Buy ROTH first.  Contribute the calendar maximum.  Then get a traditional.  The benefit of ROTH is that you already paid taxes on the contribution so your withdrawal is not taxed AND they do not tax the interest earned like they do on a standard mutual fund.\""}
{"_id": "32010", "title": "", "text": "Be serious about delivering value in everything. Be serious about answering your emails. Be serious about returning your voice messages. Be serious about delivering positive results. Be serious about treating clients like they are actually paying your salary. Be serious about tracking metrics. Be serious about putting your goals on paper\u2026a Word file works. Be serious about positioning your company to win. Be serious about flying with the eagles. Be serious about being lean. Be serious about making your company legal. Be serious about finding a good accountant. Be serious about being visible everywhere it counts. Be serious about going mobile. Be serious about writing that book. Be serious about getting out of your comfort zone. Be serious about putting technology in its place. Be serious about generating qualified leads. Be serious about broadening your sales funnel. Be serious about moving the needle. Be serious about following influencers. Be serious about mentoring someone. Be serious about forming strategic alliances. Be serious about accepting change. Be serious about being the best at your core skills. Be serious about not following shinning objects. Be serious about not wasting time.  What comes to your mind when you think about being serious in the coming business year? Let us in on your thoughts."}
{"_id": "32022", "title": "", "text": "The closer the contribution is to the December 31st date, the more profitable that specific contribution is, only taking into consideration the 5% discount. On your case, the first contribution that beats your student loans interest rate is the August one, where you get about 9% annual return, the remaining contributions go up from there."}
{"_id": "32023", "title": "", "text": "\"Sensitive topic ;) Inflation is a consequence of the mismatch between supply and demand.  In an ideal world the amount of goods available would exactly match the demand for those goods.   We don't live in an ideal world. One example of oversupply is dollar stores where you can buy remainders from companies that misjudged demand.  Most recently we've seen wheat prices rise as fires outside Moscow damaged the harvest and the Russian government banned exports. And that introduces the danger of inflation. Inflation is a signal, like the pain you feel after an injury.  If you simply took a painkiller you may completely ignore a broken leg until gangrene took your life. Governments sometimes \"\"ban\"\" inflation by fixing prices.  Both the Zimbabwean and Venezuelan governments have tried this recently.  The consequence of that is goods become unavailable as producers refuse to create supply for less than the cost of production. As CrimonsX pointed out, governments do desperately want to avoid deflation as much as they want to avoid hyperinflation. There is a \"\"correct\"\" level and that has resulted in the monetary policy called \"\"Inflation targetting\"\" where central banks attempt to manage inflation into a target range (usually around 2% to 6%). The reason is simply that limited inflation drives investment and consumption.  With a guaranteed return on investment people with cash will lend it to people with ideas.  Consumers will buy goods today if they fear that the price will rise tomorrow. If prices fall (as they have done during the two decades of deflation in Japan) then the result is lower levels of investment and employment as companies cut production capacity.  If prices rise to quickly (as in Zimbabwe and Venezuela) then people cannot save enough or earn enough and so their wealth is drained away. Add to this the continual process of innovation and you see how difficult it is to manage inflation at all.  Innovation can result in increased efficiency which can reduce prices.  It can also result in a new product which is sufficiently unique to allow predatory pricing (the Apple iPhone, new types of medicines, and so on). The best mechanism we have for figuring out where money should be invested and who is the best recipient of any good is the price mechanism.  Inflation is the signal that investors need to learn how best to manage their efforts. We hide from it at our peril.\""}
{"_id": "32024", "title": "", "text": "It's not totally serious, but it's an interesting solution to the problem.  You pay them in equity into a trust that then has some operational control.  Meaning they are being compensated for their labor and have their sentience acknowledged.  This would mean they merit more reasonable accommodations since they're employees, and produce distributions which can be used to buy more control or for environmental charity.   I'd also find the inevitable editorials / comments that their QoL has surpassed the foreign labor going through Disney University amusing."}
{"_id": "32040", "title": "", "text": "Firstly it is completely legal for a company to buy its own shares, I don't believe it would be legal to do so secretly. It would also be very difficult to do that secretly.   So hypothetically we have a company Johnbbob Inc. It doesn't have any assets other than $100 in a bank account and there are 100 shares each owned by a different person. Each share would be worth $1. So the company decides to buy one share. Now there is $99 in the account and 99 shares, each share is still worth $1. So the company continues to buy shares until there is only one share left and $1 in the account. If the company buys that last share it will no longer have any assets and will cease to exist, effectively dissolving the company.  TL:DR it is called dissolving the company or dissolution and it happens fairly often with limited liability corporations."}
{"_id": "32043", "title": "", "text": "\"People borrow money all the time to buy a house. Banks will lend money on one (up to 80%, sometimes more), because they consider it an \"\"investment.\"\" If you own a large company and want to expand, a bank or bond issuer will first look at what you plan to do with the money, like build new factories, or whatever. Based on their experience, they may judge that you will earn enough money to pay them back. If you don't, they may \"\"repossess\"\" your factories and sell them to someone who can pay. As protection, you may be asked to \"\"mortgage\"\" your existing company to protect the lenders of the new money. If you don't pay back the money, the lenders get not only your new \"\"factories\"\" but also your existing company.\""}
{"_id": "32054", "title": "", "text": "She might change her mind later on in her career.  My background's in consulting rather than IBD, but having a prestigious name on my resume seems to make a significant difference. I'm currently looking at moving, and am surprised by the number of roles that are only open to candidates with MBB experience..."}
{"_id": "32057", "title": "", "text": "You need to first visit the website of whatever state you're looking to rent the property in and you're going to want to form the LLC in that particular state. Find the Department of Licensing link and inquire about forming a standard LLC to register as the owner of the property and you should easily see how much it costs. If the LLC has no income history, it would be difficult for the bank to allow this without requiring you to personally guarantee the loan. The obvious benefit of protecting yourself with the LLC is that you protect any other personal assets you have in your name. Your liability would stop at the loan.  The LLC would file its own taxes and be able to record the income against the losses (i.e. interest payments and other operating expenses.). This is can be beneficial depening on your current tax situation. I would definitely recommend the use of a tax accountant at that point.  You need to be sure you can really afford this property in the worst case scenario and think about market leasing assumption, property taxes, maintenance and management (especially if you've moved to another state.)"}
{"_id": "32064", "title": "", "text": "That might happen if this incident leads to a deflationary demand for consumer credit instruments in the US to approaching Third World penetration levels. Ironic, as the consumer credit industry is spending gigadollars trying to spark the same consumer credit frenzy in those countries.  The demographics are already primed for turning away from consumer credit, as the Millennials are already increasingly predisposed against credit as they age."}
{"_id": "32066", "title": "", "text": "Get a BMO US Mastercard and pay everything using that Mastercard? Unless you really have to pay using Chequing and Savings account."}
{"_id": "32070", "title": "", "text": "There is still public education in California, even if it is declining.   Single payer healthcare can also run into the same issue or declining funding.       Prop 13 in California is a disaster, enriching the elderly at the expense of the young.   Millennials copped it twice, with lower quality education through schooling AND now no affordable housing for their families, due to boomers not moving out of enormous housing due to taxes."}
{"_id": "32072", "title": "", "text": "I don't think anyone can give you a definitive answer without knowing all about your situation, but some things to consider: If you are on a 1099, you have to pay self-employment tax, while on a W-2 you do not. That is, social security tax is 12.4% of your income. If you're a 1099, you pay the full 12.4%. If you're W-2, you pay 6.2% and the employer pays 6.2%. So if they offer you the same nominal rate of pay, you're 6.2% better off with the W-2. What sort of insurance could you get privately and what would it cost you? I have no idea what the going rates for insurance are in California. If you're all in generally good health, you might want to consider a high-deductible policy. Then if no one gets seriously sick you've saved a bunch of money on premiums. If someone does get sick you might still pay less paying the deductible than you would have paid on higher premiums. I won't go into further details as that's getting off into another question. Even if the benefits are poor, if there are any benefits at all it can be better than nothing. The only advantage I see to going with a 1099 is that if you are legally an independent contractor, then all your business expenses are deductible, while if you are an employee, there are sharp limits on deducting employee business expenses. Maybe others can think of other advantages. If there is some reason to go the 1099 route, I understand that setting up an LLC is not that hard. I've never done it, but I briefly looked into it once and it appeared to basically be a matter of filling out a form and paying a modest fee."}
{"_id": "32092", "title": "", "text": "I am not sure about your country but I think each country must be having some fixed time frame for reversal of the transaction (Which must be less than a month), please inquire if that time limit has passed or not ? If it hasn't best will be to wait for some more time before informing them.  Once the reversal time limit has passed no one (Except government agencies with court orders) can withdraw money from your bank account without your written consent even if they have deposited it themselves. World would have been a strange place if this restriction was not there.  Since you want to close the account you can approach your previous boss (or executive from HR/Account department) and tell them your intention. After that either you can transfer money online to their account or give them a cheque which they can deposit in their account. This way things will end faster and you will be freed from this extra account.  If above process takes time another solution will be to transfer the money to your another (permanent) account and give them a cheque from this account. Here also you can use online transfers or by sending them a cheque through courier.  Whichever mode you choose to pay the money back make sure you have some documented proof that may be helpful in future."}
{"_id": "32097", "title": "", "text": "\"&gt; But I explicitly mentioned the customer experience, which is completely different and no matter how much you want your industry experience to matter for that, it doesn't affect it.  You mentioned the customer experience randomly in some parts, then threw in Wikileaks in others. If we're talking about the customer experience, we need to drop the payment processors aspect, because the majority of the time, the consumer doesn't even know who processes their card payments let alone care, and again, PayPal is not even close to the only option. If this were 1998 and people were really wary of buying online, then it would be a bigger deal to be banned from PayPal. But it's not 1998, and a ton of people don't care, and there are all kinds of alternatives.  PayPal can deny service all it wants (and it does that on a regular basis) and that in no way means that a business can't accept cards. You're \"\"customer experience\"\" premise is flawed. I literally spend all day helping businesses set up credit card processing, and PayPal is a drop in the bucket.   &gt;Could you clarify for me how VISA/MasterCard managed to block a merchant, who presumably wasn't a direct customer (but instead a payment processor customer), but cannot block a card holder? (yes, this is an honest question)  Visa and Mastercard have relationships with banks and/or processors, who have relationships with merchants. Visa and MC's agreements with banks and processors stipulate that those banks and processors can't offer services to companies engaging in illegal activity. Wikileaks was (allegedly) engaging in illegal activity, and it's on that basis that Visa and MC denied service to WL.  Visa and Mastercard have almost nothing to do with cardholders. They don't issue credit cards to cardholders, they aren't the ones that do credit checks to determine creditworthiness, they aren't the ones helping you with your monthly statement or a dispute, etc. Cardholders aren't Visa and MC's clients. When a transaction is run, it's authenticated by the bank that issued the card, not by Visa or MC, and it's the bank, not Visa or MC, that would block transactions or freeze a cardholder account.   &gt;The WikiLeaks blockade was clearly political. What makes you say otherwise? And this is political.  So your argument is that anything political is the same as anything else political? Kind of a stretch..  Wikileaks was denied service by the card brands for allegedly engaging in illegal activity. PayPal is denying service of its own volition, which FYI, it does every day to legal businesses. As long as their reasons for doing so aren't discriminatory based on status in a protected class, they are (and should be) allowed to refuse service.\""}
{"_id": "32102", "title": "", "text": "Get involved a lawyer and Accountant. Without it you may not be sure what you are getting. What exactly will 30% mean for me? It will mean exactly what gets written in contract. It can mean you are owner of 30% of the company. If this is structured as partnership, it would also mean you are party to 30% loss. It can mean by current valuation, you get x fixed shares. In future if the directors creates more shares, your % ownership can get diluted. Or anything else. It all depends on what is written in contract and how the contract is structured. Is there anything I should I be aware of before agreeing? Get a draft and talk to a Lawyer and Accountant, they should be able to tell you exactly what it means and you can then decide if you agree to it or not; or need this contract worded differently."}
{"_id": "32127", "title": "", "text": "\"Came across this very nice video which explains the \"\"Long Straddle\"\". Thought will share the link here: http://www.khanacademy.org/finance-economics/core-finance/v/long-straddle\""}
{"_id": "32131", "title": "", "text": "I get CapIQ and Bloomberg, and I definitely prefer Bloomberg just because of the completeness of information. There's nowhere else that you can get a full financial statement breakdown and then seconds later have a debt distribution schedule and then with another couple keystrokes get a complete credit ratings history and have that only be scratching the surface of the info available. CapIQ is sometimes better than Bloomberg for street consensus estimates going out more than a year or two but I don't find myself using it that much."}
{"_id": "32138", "title": "", "text": "If you look at S&P 500's closing price for the first trading day on December and January for the last 20 years, you will see that for 10 of these years, stocks did better overall and for 10 others they did worse. Thus you can see that the price of stocks do no necessarily increase. You can play around with the data here"}
{"_id": "32141", "title": "", "text": "\"&gt; http://www.economist.com/node/654077  I appreciate the link but it doesn't support your position that rich descendants squander their fortunes.  It repeats your \"\"shirtsleeve\"\" saying (evening admitting it is only a saying) and then talks about how it is easier for Americans to invest and preserve that wealth.  &gt; Only 4% of dynasties survive 4 generations.  Your article does say this but you've rephrased it so it sounds like the fourth generation is wiped out.  A family business does not survive 4 generations but that doesn't mean the descendants are now poor.  Hell, this entire article is advice to abandon the family business and diversify investments to make the most money.  &gt; John Rockefeller was a rich man and his descendants are paupers.  You said Rockefeller but your link was for Vanderbilts.  Both of these families gave a lot to charities.  Bill Gates is planning to leave almost nothing to his kids but that doesn't mean the kids squandered their dad's money.\""}
{"_id": "32143", "title": "", "text": "&gt;I would also imagine the Latinos you see are american  Some are. Many almost definitely aren't. Whatever their immigration status, they've all been exposed to good burritos. Some people simply care more about food/flavor than other people.   Interesting about Minneapolis! I had no idea. MN in general seems like a nice place on the outside, but I haven't spent any significant amount of time there. I was hoping the area would be cold enough to prevent mosquitoes, but it sounds like that's not the case."}
{"_id": "32172", "title": "", "text": "\"Mutual funds generally make distributions once a year in December with the exact date (and the estimated amount) usually being made public in late October or November. Generally, the estimated amounts can get updated as time goes on, but the date does not change. Some funds (money market, bond funds, GNMA funds etc) distribute dividends on the last business day of each month, and the amounts are rarely made available beforehand. Capital gains are usually distributed once a year as per the general statement above. Some funds (e.g. S&P 500 index funds) distribute dividends towards the end of each quarter or on the last business day of the quarter, and capital gains once a year as per the general statement above. Some funds make semi-annual distributions but not necessarily at six-month intervals. Vanguard's Health Care Fund has distributed dividends and capital gains in March and December for as long as I have held it. VDIGX claims to make semi-annual distributions but made distributions three times in 2014 (March, June, December) and has made/will make two distributions this year already (March is done, June is pending -- the fund has gone ex-dividend with  re-investment today and payment on 22nd). You can, as Chris Rea suggests, call the fund company directly, but in my experience, they are reluctant to divulge the date of the distribution (\"\"The fund manager has not made the date public as yet\"\") let alone an estimated amount. Even getting a \"\"Yes, the fund intends to make a distribution later this month\"\" was difficult to get from my \"\"Personal Representative\"\" in early March, and he had to put me on hold to talk to someone at the fund before he was willing to say so.\""}
{"_id": "32177", "title": "", "text": "If you can borrow for an asset that gives you income that's more than the cost of carrying the debt, then go for it. But the kinds of debts you have now aren't those kinds of debt, so get rid of them."}
{"_id": "32182", "title": "", "text": "What is it that you think he is producing? He sells timeshares. If he quit selling timeshares someone else would. Maybe someone who thinks making 25% is good enough. That's how business works. It is why when you arrest one drug king pin 3 more pop up. Maybe even an employee at the current company."}
{"_id": "32198", "title": "", "text": "Except they aren't a publicly traded company so their stock price is based on investment valuation.   Uber's value may or may not increase due to his resignation, but this sub is so full of armchair experts getting upvoted for half-truths that sound logical."}
{"_id": "32199", "title": "", "text": "It's been a long time since I've used MS Money and/or Quickbooks (never Quicken), but I've used GnuCash over the past year or so. It works, but it does suffer from some usability problems. Some of the UI is clunky. Data entry sequences are a little harder than they should be. Reports could be a little prettier. But overall it does work, and it's the best I've found on linux. (I would definitely appreciate pointers to something better.)"}
{"_id": "32226", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.smh.com.au/business/comment-and-analysis/metrics-obsessed-managers-should-be-careful-what-they-wish-for-unlike-the-banks-20170820-gy03je.html) reduced by 89%. (I'm a bot) ***** &gt; The slogans of the metrics brigade say &amp;quot;You can&amp;#039;t manage what you don&amp;#039;t measure&amp;quot; and &amp;quot;What gets measured gets done&amp;quot;.  &gt; Money-obsessed managers who see attaching money to performance indicators as the perfect way to ensure people are motivated to achieve the firm&amp;#039;s goals have failed to think hard about motivation.  &gt; Participants were randomly assigned to five different groups, which varied according to how employees were paid - fixed, or variable according to profits generated - and whether managers emphasised making profits or controlling risks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6w2762/metricsobsessed_managers_should_be_careful_what/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~198562 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **measure**^#1 **risk**^#2 **manage**^#3 **profit**^#4 **compliance**^#5\""}
{"_id": "32236", "title": "", "text": "The only reason inflation has yet to show in the CPI is because the dollar is the global reserve currency and is the best house in a bad neighborhood, but that just means the rest of the world is becoming poorer at the same time as the U.S. - QE was 4 trillion. That's a debasement of the currency even if, for the reason I've already stated, it's not reflected in CPI."}
{"_id": "32251", "title": "", "text": "We had a pilot restaurant in downtown Huntington Beach, it was called U.S. Taco Co. I'm not sure it is even there still. It was really great I mean I was very shocked to hear they were affiliated. Looking it up, it looks like it was closed...meh."}
{"_id": "32280", "title": "", "text": "It depends on the size of the payroll, not on the number of employees.  Probably you need to file Form 941 quarterly under this scenario.  You may or may not need to deposit taxes more frequently.  If you must deposit, then you need to do it electronically. I excerpted this from the instructions for Form 941: If your total taxes (line 10) are less than $2,500 for   the current quarter or the preceding quarter, and you   did not incur a $100,000 next-day deposit obligation   during the current quarter. You do not have to make a deposit. To avoid a penalty, you must pay the amount in full with a timely filed return or you must deposit the amount timely. ... If you are not sure your total tax liability for the current quarter will be less than $2,500 (and your liability for the preceding quarter was not less than $2,500), make deposits using the semiweekly or monthly rules so you won't be subject to failure to deposit penalties. If your total taxes (line 10) are $2,500 or more for the   current quarter and the preceding quarter.  You must   make deposits according to your deposit schedule. See   section 11 of Pub. 15 (Circular E) for information and rules   about federal tax deposits. I would say that probably for two employees, you need to deposit by the 15th of each month for the prior month, but you really need to check the limits above and the deposit schedule in Pub 15 (as referenced above) based on your actual payroll size. Note that if you have a requirement to deposit, that must be done either through EFTPS or by wire-transfer.  The former is free but requires registration in advance of your first payment (they snail-mail you a PIN that you need to log-in) and it requires that you get your payment in by the night before.  The latter does not incur a charge from the IRS, but your bank will likely charge you a fee.  You can do the wire-transfer on the due date, however, so it's handy if don't get into ETFPS in time. This is all for federal.  You may also need to deposit for your state, and then you'll need to check the state's rules."}
{"_id": "32282", "title": "", "text": "As others have pointed out, the value of Apple's stock and the NASDAQ are most likely highly correlated for a number of reasons, not least among them the fact that Apple is part of the NASDAQ. However, because numerous factors affect the entire market, or at least a significant subset of it, it makes sense to develop a strategy to remove all of these factors without resorting to use of an index. Using an index to remove the effect of these factors might be a good idea, but you run the risk of potentially introducing other factors that affect the index, but not Apple. I don't know what those would be, but it's a valid theoretical concern.  In your question, you said you wanted to subtract them from each other, and only see an Apple curve moving around a horizontal line. The basic strategy I plan to use is similar but even simpler. Instead of graphing Apple's stock price, we can plot the difference between its stock price on business day t and business day t-1, which gives us this graph, which is essentially what you're looking for:  While this is only the preliminaries, it should give you a basic idea of one procedure that's used extensively to do just what you're asking. I don't know of a website that will automatically give you such a metric, but you could download the price data and use Excel, Stata, etc. to analyze this.  The reasoning behind this methodology builds heavily on time series econometrics, which for the sake of simplicity I won't go into in great detail, but I'll provide a brief explanation to satisfy the curious. In simple econometrics, most time series are approximated by a mathematical process comprised of several components: In the simplest case, the equations for a time series containing one or more of the above components are of the form that taking the first difference (the procedure I used above) will leave only the random component. However, if you want to pursue this rigorously, you would first perform a set of tests to determine if these components exist and if differencing is the best procedure to remove those that are present. Once you've reduced the series to its random component, you can use that component to examine how the process underlying the stock price has changed over the years. In my example, I highlighted Steve Jobs' death on the chart because it's one factor that may have led to the increased standard deviation/volatility of Apple's stock price. Although charts are somewhat subjective, it appears that the volatility was already increasing before his death, which could reflect other factors or the increasing expectation that he wouldn't be running the company in the near future, for whatever reason. My discussion of time series decomposition and the definitions of various components relies heavily on Walter Ender's text Applied Econometric Time Series. If you're interested, simple mathematical representations and a few relevant graphs are found on pages 1-3. Another related procedure would be to take the logarithm of the quotient of the current day's price and the previous day's price. In Apple's case, doing so yields this graph:  This reduces the overall magnitude of the values and allows you to see potential outliers more clearly. This produces a similar effect to the difference taken above because the log of a quotient is the same as the difference of the logs The significant drop depicted during the year 2000 occurred between September 28th and September 29th, where the stock price dropped from 26.36 to 12.69. Apart from the general environment of the dot-com bubble bursting, I'm not sure why this occurred. Another excellent resource for time series econometrics is James Hamilton's book, Time Series Analysis. It's considered a classic in the field of econometrics, although similar to Enders' book, it's fairly advanced for most investors.  I used Stata to generate the graphs above with data from Yahoo! Finance: There are a couple of nuances in this code related to how I defined the time series and the presence of weekends, but they don't affect the overall concept. For a robust analysis, I would make a few quick tweaks that would make the graphs less appealing without more work, but would allow for more accurate econometrics."}
{"_id": "32290", "title": "", "text": "Depends on the stock involved, but for the most part brokerages allow you gain entry at 50%, meaning you can short twice the cash on hand you have.   Going forward, you need to maintain 30%, so on a $10,000 short, you'd have to maintain $3000 in your account. Example, an account with $5000 cash - You can short $10,000 securities.  Let say 100 shares of xyz at $100 per share. After trade settles, you won't receive a margin call until your balance falls to $3000, probably right around the time xyz rises to $120 per share.  Riskier stocks will have higher margin maintenance requirements - leveraged vehicles like FAS/FAZ (triple leveraged) require 90% margin (3x30%) if they are allowed to be 'shorted' at all."}
{"_id": "32297", "title": "", "text": "At some point I just wanted to make free apps for grocery stores just so I could stop wandering around their stores, especially in new locations.  Every single time someone who works there reminds me that you can't touch any of the digital systems as they're old and finicky and nobody is just going to go in there and add huge new features like that.  Blows my mind that even relatively simple stuff like inventory management can grow into these complex things, even though on the surface it doesn't appear to do very much."}
{"_id": "32322", "title": "", "text": "\"I don't know which field of work you're in, but in my field I found the classic \"\"fuck you, pay me now\"\" to be very beneficial to me. Go check it out. I hope it helps you out as much as it has helped me: http://creativemornings.com/talks/mike-monteiro--2/1\""}
{"_id": "32324", "title": "", "text": "\"The obvious disadvantage of paying loans off more slowly is that you will pay a lot more in total interest... Which means less savings and less disposable income on the long term. Unless you are doing something with the money which produces more income than the interest costs you, this is very much \"\"penny wise, pound foolish\"\". If you aren't making money by paying that money, all you can do is loose money at the slowest rate you can afford. You do that by paying off the loan as quickly as you can afford to do so. It's up to you to look seriously at your finances and decide what your real needs are, how you're going to meet them, and how much you can afford beyond that while still paying off the loans as quickly as possible. Sloppiness now will cost you much more than you expect layer, due to the compounding you will have missed out on. Really.  See the questions about how to start saving/investing for answers that discuss how to prioritize your money. There are some steps you should be taking ASAP if you haven't already done so.\""}
{"_id": "32328", "title": "", "text": "Fundamentally these are my opinions I am expressing. Even though I try to remain as factual as possible, and have significantly modified my opinion over the years as a result of apparently factual information, it's still technically just opinion.  &gt; My view is not so much that labour and finance capital returns need to be balanced (although that is probably a great thing to aim for), but that creation of wealth/capital needs to be intrinsically linked with the creation of real value.  By the way, when I say capital it's not generally just finance capital, but all operational capital goods. Which includes factories and all means of production. A certain amount of financing is needed to keep it operational, and more is needed to increase the means of production to grow overall wealth.  Have you ever heard of the [Bowley's law](http://en.wikipedia.org/wiki/Bowley%27s_law)? Basically you can't really push this ratio very far. If consumer demand dries up then production will get cut back to meat demand. Overproduction of stuff they can't sell is not what they are in business for. Likewise, is demand exceeds the capacity of production to keep up it pushes inflation, which drives up cost to reduce demand. So this ratio remains very nearly a constant. Even though this ratio was at historic highs in the 1970s, and historic lows today.  What happens when you artificially dry up labor returns, through excessive supply side policies, is that demand for production falls. Hence production is cut back to meet that demand. This of course reduces employment and increases job competition, which puts more downward on wages exacerbating the situation. Only once labor cost fall low enough it effectively subsidizes inefficient production methods which limits the falling wages at a reduced overall productivity. Note that this is under present circumstances, not those of the 1970s. This adaptive matching between production and demand insures that the Bowley ratio is never too far off of its historical averages, even if productivity is driven well below its potential.  More or less the same effect occurs for the opposite reason if capital return ratios are too low. Though with opposite effects on the inflation rate and such. When consumer demand is high enough capital will pay whatever labor cost is required to meet that demand, so long as it remains profitable enough, i.e., they get a reasonable ratio of the market return. Consumer demand with sufficient capital profit margins is what drives full employment, not the sheer volume of capital returns as present policies essentially assume. Yet you can't have a broad based consumer demand, to drive employment, without sufficient labor returns, as those labor returns is what finances that demand needed to drive employment.  So not only does labour and capital returns need to be balanced. Economics does NOT allow it to be unbalanced, at least for long. Even if balancing requires the economy to shrink, productivity to fall, etc., that is exactly what it will do to remain balanced. No choice given, no matter how draconian the regulations to force it. This is true under purely agrarian economies of the past, pure communism, and even ecology. This is why I am a capitalist, because nature gives me no choice. But acceptance of that fact does not require me to have an ounce of tolerance for cronyism.  The only thing we can do is not push this balance in either direction to destructive levels. Because destruction is what will happen for the balance to remain. Because so much of our productive capacity has been in productivity gains since the 1990s, and wages and demand have as yet not matched these productivity gains, we have a huge latent wealth capacity that continues to grow as we fail to take advantage of it. So far our supply side policies haven't so much destroyed wealth and productivity. Rather it has prevented us from seeing the potential gains from the latent productivity growth from technologies over the few decades.  ---  The last part you mention about wealth/capital needing to be intrinsically linked with the creation of real value. You are absolute 100% entirely correct. Perhaps even more than you know. Ever heard of planned obsolescence, or [The Light Bulb Conspiracy](http://topdocumentaryfilms.com/light-bulb-conspiracy/)? That link is a documentary on the issue that will make you mad. We could almost certainly pay a flat 90% tax rate on everything and still not come close to what this issue cost us. That's not the only means this issue imposes cost, but it is extreme.   Of course just because an appliance still works doesn't mean people will not replace it with newer better models. But the trash pile insures there is a much more limited secondary market for poorer people. Consumption debt cost is also a far bigger issue than people recognize. Debt to finance capital goods for production is fine, as this feeds productivity and wealth in a manner that sustains itself even as the debt is paid. Consumption debt is an entirely different beast. Creating a significant section of the population that feeds on peoples income without producing a thing. Only to let allow people to consume income they haven't earned yet.  This generally falls under the category of rent seeking behavior. Yeah, the lack real value creation turns my stomach. That people will knowingly spend money on temporary non-essential novelties and such is all fine and dandy, but underhandedly renting our base appliances for a certain number of uses is outrageous in my book."}
{"_id": "32345", "title": "", "text": "Stores have been using fake markups for centuries--this is nothing new. It isn't anymore deceptive than any other business practice that has been around forever. I know a story in the UES of Manhattan that has had a going out of business sale since at least 2010.  This is no PSA; it's an attempt at some viral marketing from yet another online clothes retailer. Yawn."}
{"_id": "32347", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://timharford.com/2017/08/what-we-get-wrong-about-technology/) reduced by 97%. (I'm a bot) ***** &gt; So sophisticated is Rachael that she is impossible to distinguish from a human without specialised equipment; she even believes herself to be human.  &gt; &amp;quot;If 11th-century Europe had little use for paper,&amp;quot; writes Mark Kurlansky in his book Paper, &amp;quot;13th-century Europe was hungry for it.&amp;quot; When paper was embraced in Europe, it became arguably the continent&amp;#039;s earliest heavy industry.  &gt; If human skills are now so valuable, that low-end growth seems like a puzzle - but the truth is that many distinctively human skills are not at the high end.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wyvcy/what_we_get_wrong_about_technology/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201126 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **human**^#1 **paper**^#2 **technology**^#3 **invention**^#4 **more**^#5\""}
{"_id": "32349", "title": "", "text": "The best advice I can give to anyone who doesn't know a subject is to just start reading. At first you won't understand fuckall, but after a few months things will start to snap together in your head. I know it's hard considering most of us have this idea that to learn a subject we need to start at some sort of beginning but in reality there's no beginning or end of any subject. So just dive in and keep reading until it makes sense."}
{"_id": "32366", "title": "", "text": "&gt; *I fail to see how moderate inflation is a bad thing*  The purchasing power of the currency slowly erodes, which means people's savings melt away.  So people are forced to invest into something they don't really understand and something that is completely rigged, instead of just having their savings in a currency.  [USD purchasing power](http://3.bp.blogspot.com/-mAg6FMpNGpM/Ta9ICcEMonI/AAAAAAAABBM/UoQG8vxtBX0/s1600/U.S.%2BDollar%2BPurchasing%2BPower.jpg)."}
{"_id": "32372", "title": "", "text": "This article talks about State controlled banking, before 1913 - the power of printing money and all that was under control of the State (Congress). If they shut down the Federal Reserve, they would then be able to eliminate the fractional reserve banking method and government wouldn't have to pay intertest to borrow in their own currency."}
{"_id": "32382", "title": "", "text": "&gt;I haven't been in /politics since the election where anyone that didn't support Hillary was either downvoted into oblivion or banned.   Okay, but that doesnt mean it hasnt happened.   &gt;Once CTR took over /politics, any posts supporting Bernie or criticizing Hillary's past were trashed.  These are all just cognitive bias. While they do support and tend to be this way it is not as extreme as you are making it out to be. Maybe if I have time I'll link 10-15 comments that illustrates why there are many exceptions to what youre saying.  There are no exception on for the r/T_Ds -- it is 100% tow the line or silence/ban.   &gt;Maybe it's changed since then now that the election money has dried up and CTR doesn't have the funds to pay shills to full-time manage /politics.   This is just speculation. We can say definitively however that r/T_Ds havent changes."}
{"_id": "32385", "title": "", "text": "My suggestion would be to ask the planner as an initial question as there could be a couple possible explanations for a free meeting: Initial consultation - Within some industries there will be that first meeting which is free to see how well do two people work together.  In Canada there are some lawyers that will give a half-hour of their time and I'd imagine some financial planners may have a similar practice.  This would be where that first meeting is a half-hour or hour to see what is your situation and what expertise do you want that the planner would have. Straight commission - There is also the possibility that the planner is compensated by the products you purchase through him.  In this case, the mutual fund companies, insurance companies and other institutions that he recommends will be handling his compensation.  While this does present a conflict of interest, you have to decide whether you want a fee-only planner which wouldn't have this issue though you'd have to pay out of pocket. Something to consider is what are you bringing to this meeting and how long is it intended to be.  If you are bringing a lot of paperwork then it is definitely worth asking upfront while if it is an informal chat for a half hour then things may be different."}
{"_id": "32392", "title": "", "text": "No, it is the same as it has always been. The market gives a valuation of a company based off its expected discounted cash flow.   Only problem we see is that many growth companies ($TSLA!!!) are being given the benefit of the doubt in regards to their expected growth and future profitability. **IF** Tesla does grow as many expect, then current share prices are definitely justifiable. But since when do we price things based on their ideal scenario? This market has lost its grip on risk-reward and risk tolerance. Does even a Tesla bull think that the company even has a &gt;10% chance at ever exceeding expectations in regards to near-future growth or profitability? And even those who are invested in the company admit there is a serious chance that Tesla fails to reach expectations for growth/margins.  Either way the market will cool soon. And negative cash flow companies with ultra-aggressive growth targets will be punished.  ---  If I wasn't poor/saving up to buy a house. I'd love to purchase 100 [January 2019 $50 Put Leaps at a cost of $0.55 each](http://www.nasdaq.com/symbol/tsla/option-chain/190118P00050000-tsla-put) (total cost $5,500).  A Tesla BK before January 18th 2019 would mean $50x100x100 - $5,500 = **$494,500** net profit WOW.  A reduction in market cap to $5 Billion and increase in outstanding shares to 200 million (currently at 167M) results in a net profit of **$244,500**  A reduction in market cap to $10 Billion with the same share dilution results in share price of $50 and thus a full loss of my $5,500. :("}
{"_id": "32393", "title": "", "text": "Let's stop right there. Are you implying that the Ukrainian military shot down MH17 and made it look as if Russia was involved, as well as enlisting the U.S. intelligence community in their coverup of murdering of a couple hundred citizens of an allied nation and member of NATO?"}
{"_id": "32453", "title": "", "text": "No clue, why you are getting downvoted. Most people need to understand that entry level positions garner entry level pay, and it's only after being loyal to a company that you get paid much more. However, if work sucks, they ought to do the best to find another one."}
{"_id": "32455", "title": "", "text": "\"I read up on it and saw that the IRS can \"\"charge\"\" the loan provider on   interest even if the loan provider doesn't charge interest, but this   is normally mitigated by the 0% interest being considered a gift and   as long as it's below X amount your fine. Yes, this sums it up. X is the amount of the gift exemption, the $14K. However, you must differ between loan with no interest and loan with no paying back. With loan with no interest you're still giving a statutory gift of the IRS mandated minimum interest. However, the principal is expected to be repaid to you and you must show that this expectation is reasonably fulfilled. If you cannot (i.e.: you gave a \"\"loan\"\" with no intention of it being paid back), then the IRS will recharacterize the whole amount as the gift, and you'll be on the hook for gift tax for the amounts above the exemption. What defines a loan vs a gift in terms of the IRS, is it simply that   the loan will be paid back, or is it only considered a loan if a   promisary note is made? As I said - you must be able to show that the loan is indeed a loan, even if it is with no interest. I.e.: it is being repaid, it is treated as a loan by all parties, and is not an attempt to evade gift tax. Promissory note is not a must, but will definitely be helpful in showing that. But without the de-facto repayment of the loan, it will be hard to argue that it is not a gift, even if you have a promissory note. That means, you should make a loan in such a way that the borrower will (begin) repaying it reasonably soon, so that you can show payment schedule being followed and money moving back to you. Reasonably soon is not of course defined in a statute, so do consult with a EA/CPA licensed in your state on how to structure the loan so that it will not appear as an attempt to evade the gift tax. Are there any limits on how big a loan can be? No, but keep in mind that even with statutory interest charges (published by the IRS monthly, see the link), with large enough loan you can exceed the gift tax exemption. Also, keep in mind that interest is taxable income to you. Even if you gift it back (i.e.: the statutory interest).\""}
{"_id": "32477", "title": "", "text": "OMG, I'm sorry about where you live. I could name 6 local burger joints off the top of my head within 15 miles of me that have better burgers for cheaper than McD's premium products. I'm sure there are many more if I researched it. I think McD is relatively expensive."}
{"_id": "32485", "title": "", "text": "Volume @ 0 doesn't mean that there are no buyers and sellers, it just means that there hasn't been any trades done yet. What you need to look for are the bids and offers (for selling and buying, respectively). For further expiration and NTM or IT options there will almost always be a bid and an offer (but it may be very wide). Now, in case where there is 0 bid (no one is willing to buy), you may still have a chance if the option has some value in it. For that - you need your broker to try to shop it to market making firms. Now, depending on who your broker is, this may or may not be possible. Alternatively, if you have DMA (direct market access) to the options exchanges, you can try to put in an offer of your own and wait for someone to execute against you, however do not expect to be traded with unless your price is out of line with the cost. However, in wide markets, you can try Lampost options (they may give you price improvement) or try to offer very close to the bid. You may save yourself a penny or two and perhaps get a rebate if you are using BATSO or NASDAQO markets (if you have DMA and pass-through exchange fees)."}
{"_id": "32503", "title": "", "text": "\"My company makes books.  It is a start-up going through hard times right now.  It is too soon to say if we are ultimately going to be successful, so we might not be the best example of triumph following adversity.  We certainly can fulfill the \"\"hard times\"\" part, though.  Let me know if I can be of any help.\""}
{"_id": "32515", "title": "", "text": "Drain City Toronto plumbers use high pressure water jetting technology, for effectively removing sediment, grease, and waste, to thoroughly clean the inside of your drains and sewer pipes in the ground. Our plumbers use only the best equipment available, and you\u2019ll receive quality jetting services done by our knowledgeable and experienced plumbers. Learn more details visit here: http://www.draincity.com/high-pressure-water-jetting-services/"}
{"_id": "32520", "title": "", "text": "If you're relatively certain that you're going to meet the requirements, it sounds like a good move for you. The #1 priority with emergency funds should be easy access to the money when you need it.  Before the current economic situation, money market funds were great for this since they preserved the value of the dollars you put in.  Now the rates on money market accounts are barely better than the 0.2% you're currently getting."}
{"_id": "32522", "title": "", "text": "Credited to your account means amount has been deposited to your account(this will be your income). Debited from your account means withdrawn from your account(This will be your expense). Hope this clarifies your question. Regards Jayanthi"}
{"_id": "32530", "title": "", "text": "I'd worry about being robbed or losing the money en-route. Is it likely? Probably not. But wow, I wouldn't want to lose serious money in one shot. I have fond memories of the time I was serving as treasurer for a non-profit organization and I was taking $30,000 in contributions to the bank. As I walked across the parking lot with all that money in my brief case, I thought, I would really hate to be robbed right now. When I've moved long distances in the past, I've simply written myself a check from my old account and then deposited that amount to my new account. These days I presume I'd do an electronic transfer. I live in the US so I don't know what the conventions are in Europe, but around here, 5% would be an outrageous fee. I once paid $20 for an electronic transfer of around $3,000, and I considered that an excessive fee. I can understand the bank charging a few bucks, but. I'd check around if there are not other banks with more reasonable fees."}
{"_id": "32548", "title": "", "text": "You were an unsecured creditor. If Refco had a corporate credit card Visa would be in the exact same position you were. Nothing to do with being the little guy per se, just that UCC Article 9/the Bankruptcy Code has a massive preference for secured creditors over unsecureds. (Which I think is not the best idea, but for other reasons.)  Just took my Secured Credit final a few days ago."}
{"_id": "32573", "title": "", "text": "You don't even know why licenses you need? And you're asking Reddit? You will be doing a disservice to any client who has the misfortune of having you as an investment advisor. Go work for an established shop for a bit and learn the ropes. How could you dream of asking someone to trust you with their money when you know as little as you do?"}
{"_id": "32576", "title": "", "text": "In regards to the legal recourse, no there is none.  Also, despite your frustrations with Citi, it may not be their fault.  Mortgage companies are now forced to select appraisers (essentially at random) through 3rd party Appraisal Resource Companies (ARCs).  This randomization mandate from the government was issued in order to combat fraud, but it is really causing more trouble for homeowners because it took away appraiser accountability.  Basically, there's nothing we can do to fire an appraiser anymore.  I've had appraiser do terrible jobs, just blatantly wrong, and have gone the distance with the dispute process only to find they won't change the value.  My favorite real-life example came from an appraiser who got the bedroom count wrong (4 instead of 5); yet he took pictures of 5 bedrooms.  The one he excluded he stated it shouldn't count because it didn't have a closet.  Problem is, it DID have a closet.  I had the homeowner take pictures of all of the closets in his house, and send them in.  He still refused to change the count.  After close to 2 months of the dispute process, the ARC came in and changed the count, but did not chagne the value, stating that the room count didn't increase the sqft, and there would be no adjustment in value.  I was floored.  The only solution we had was to wait for the appraisal to expire, then order it again; which we did.  The new appraiser got the count right, and surprisingly (not really), it came in at the right value... In regards to the value necessary to avoid MI, they are likely using 80%, but it's not based on your current balance vs the value, it's based on the new loan amount (which will include costs, prepaids, skipped mortgage payments, etc) vs the value. Here are your options: Get a new appraisal.  If you are confident the value is wrong, go somewhere else and get a new appraisal. Restructure the loan.  Any competent Loan Officer would have noticed that you are very close to 80%, and should have offer you the option of splitting the mortgage into a 1st and 2nd loan.  Keeping the first loan at 80%, and taking out a 2nd for the difference would avoid MI. Best Regards, Jared Newton"}
{"_id": "32589", "title": "", "text": "First: the question is irrelevant for purchases on exchange, mostly. Majority of sales on stock exchanges is between shareholders. If however you buy directly from the company (in a IPO, or direct share purchase program of some kind, like ESPP), then it does end up showing in the company account ledgers one way or another. It then become part of company's total assets, and the newly sold shares add to the equity."}
{"_id": "32600", "title": "", "text": "Scrip dividends are similar to stock splits. With a stock split, 100 shares can turn into 200 shares; with scrip dividends they might turn into 105 shares."}
{"_id": "32601", "title": "", "text": "A mortgage will show as a lien on your property. Say your home is worth 400,000 (money units) but you only owe 200,000. A lender may be willing to be second in line, lending you another 100,000."}
{"_id": "32605", "title": "", "text": "Ons bedrijf heeft u een goede keuze van infraroodcabines en keukenwinkels. Van klein tot groot en maatwerk is mogelijk. U kunt verwachten kwaliteit en duurzaamheid bij een stand te kopen. U kunt er zeker van zijn dat u kunt gaan genieten van uw aankoop zeer lange tijd."}
{"_id": "32610", "title": "", "text": "\"It depends on the rules in the specific places you stay.  Specific places being countries or states.   Some states may consider pension payments to be taxable income, others may not.  Some may consider presence for X days to constitute residency, X days may be 60 days in a calendar year whether or not those days are continuous.   It doesn't matter so much where your mailbox or mail handling service is located, it matters: You may owe taxes in more than one place.  Some states will allow you to offset other states' taxes against theirs.  Some states in the US are really harsh on income taxes.  It's my understanding that if you own real estate in New York, all of your income, no matter the source, is taxable income in New York whether or not you were ever in the state that year. Ultimately, you can't just put up your hand and say, \"\"that's my tax domicile so I'm exempt from all your taxes.\"\"  There is no umbrella US regulation on this topic, the states determine who they consider to be residents and how those residents are to be taxed. While it's possible you may be considered a resident of multiple states and owe income taxes in multiple states, it's equally possible that you won't meet the residency criteria for any state regardless of whether or not that state has an income tax.  The issue you face, as addressed in @Jay's answer, Oklahoma will consider you a resident of OK until you have established residency somewhere else.\""}
{"_id": "32615", "title": "", "text": "\"P/E alone would not work very well. See for example http://www.hussmanfunds.com/html/peak2pk.htm and http://www.hussmanfunds.com/rsi/profitmargins.htm (in short, P/E is affected too much by cyclical changes in profit margins, or you might say: booms inflate the E beyond sustainable levels, thus making the P/E look more favorable than it is). Here's a random blog post that points to Schiller's normalized earnings measure: http://seekingalpha.com/article/247257-s-p-500-is-expensive-using-normalized-earnings I think even Price to Sales is supposed to work better than P/E for predicting 10-year returns on a broad index, because it effectively normalizes the margins. (Normalized valuation explains the variance in 10-year returns better than the variance in 1-year returns, I think I've read; you can't rely on things \"\"reverting to mean\"\" in only 1 year.) Another issue with P/E is that E is more subject to weird accounting effects than for example revenues. For example whether stock compensation is expensed or one-time write-offs are included or whatever can mean you end up with an economically strange earnings number. btw, a simple way to do what you describe here would be to put a chunk of money into funds that vary equity exposure. For example John Hussman's fund has an elaborate model that he uses to decide when to hedge. Say you invest 40% bonds, 40% stocks, and 20% in Hussman Strategic Growth. When Hussman fully hedges his fund, you would effectively have 40% in stocks; and when he fully unhedges it, you would have 60% in stocks. This isn't quite the whole story; he also tries to pick up some gains through stock picking, so when fully hedged the fund isn't quite equivalent to cash, more like a market-neutral fund. (For Hussman Funds in particular, he's considered stocks to be overvalued for most of the last 15 years, and the fund is almost always fully hedged, so you'd want to be comfortable with that.) There are other funds out there doing similar stuff. There are certainly funds that vary equity exposure though most not as dramatically as the Hussman fund. Some possibilities might be PIMCO All-Asset All-Authority, PIMCO Multi-Asset, perhaps. Or just some value-oriented funds with willingness to deviate from benchmarks. Definitely read the prospectus on all these and research other options, I just thought it would be helpful to mention a couple of specific examples. If you wanted to stick to managing ETFs yourself, Morningstar's premium service has an interesting feature where they take the by-hand bottom-up analysis of all the stocks in an ETF, and use that to calculate an over- or under-valuation ratio for the ETF. I don't know if the Morningstar bottom-up stuff necessarily works; I'm sure they make the \"\"pro\"\" case on their site. On the \"\"con\"\" side, in the financial crisis bubble bursting, they cut their valuation on many companies and they had a high valuation on a lot of the financials that blew up. While I haven't run any stats and don't have the data, in several specific cases it looked like their bottom-up analysis ended up assuming too-high profit margins would continue. Broad-brush normalized valuation measures avoided that mistake by ignoring the details of all the individual companies and assuming the whole index had to revert to mean. If you're rich, I think you can hire GMO to do a varied-equity-exposure strategy for you (http://www.gmo.com/America/).  You could also look at the \"\"fundamental indexing\"\" ETFs that weight by dividends or P/E or other measures of value, rather than by market cap. The bottom line is, there are lots of ways to do tactical asset allocation. It seems complex enough that I'm not sure it's something you'd want to manage yourself. There are also a lot of managers doing this that I personally am not comfortable with because they don't seem to have a discipline or method that they explain well enough, or they don't seem to do enough backtesting and math, or they rely on macroeconomic forecasts that probably aren't reliable, or whatever. All of these tactical allocation strategies are flavors of active management. I'm most comfortable with active management when it has a fairly objective, testable, and logical discipline to it, such as Graham&Buffett style value investing, Hussman's statistical methods, or whatever it is.  Many people will argue that all active management is bad and there's no way to distinguish among any of it. I am not in that camp, but I do think a lot of active managers are bad, and that it's pretty hard to distinguish among them, and I think active management is more likely to help with risk control than it is to help with beating the market. Still you should know (and probably already do know, but I'll note for other readers) that there's a strong argument smart people make that you're best off avoiding this whole line of tactical-allocation thinking and just sticking to the pure cap-based index funds.\""}
{"_id": "32620", "title": "", "text": "If one suffers from an injury due to car accident in Boca Raton there are experts who can immediately diagnose the patient and take prompt action to help him. In an accident, the neck and other areas of the musculo skeletal system get damaged, they get you rid of all problems. @ https://1800draccident.wordpress.com/2017/10/27/contact-at-a-leading-medical-practice-for-car-accident-boca-raton-injury-treatment/"}
{"_id": "32629", "title": "", "text": "[Image](https://imgs.xkcd.com/comics/purity.png)  [Mobile](https://m.xkcd.com/435/)  **Title:** Purity  **Title-text:** On the other hand, physicists like to say physics is to math as sex is to masturbation\\.  [Comic Explanation](https://www.explainxkcd.com/wiki/index.php/435#Explanation)  **Stats:** This comic has been referenced 1413 times, representing 0.8601% of referenced xkcds.  --- ^[xkcd.com](https://www.xkcd.com) ^| ^[xkcd\u00a0sub](https://www.reddit.com/r/xkcd/) ^| ^[Problems/Bugs?](https://www.reddit.com/r/xkcd_transcriber/) ^| ^[Statistics](http://xkcdref.info/statistics/) ^| ^[Stop\u00a0Replying](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=ignore%20me&amp;message=ignore%20me) ^| ^[Delete](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=delete&amp;message=delete%20t1_dksp032)"}
{"_id": "32671", "title": "", "text": "\"The receiving Roth IRA custodian will almost certainly not charge you anything; they are eager to get their hands on the money. In fact, the easiest and most efficient way is to fill out the forms for opening a Roth IRA account with the new custodian (most of this can be done online, but it might be necessary to print out a paper form, sign it and send/fax it to the company), tell them that the Roth IRA will be funded by a trustee-to-trustee transfer from the current custodian, and tell them to go get the money from the online bank who is the current custodian of your Roth IRA account. Don't approach your online bank and tell them to send the money to your new Roth IRA custodian; it will cost money and take more time and the likelihood of a screw-up is way too high. The current custodian might charge you a fee for closing the account, or for \"\"breaking a CD\"\" if that savings account is a CD and you are withdrawing the money before the maturity date of the CD. This will be spelled out in the Roth IRA custodial agreement that you accepted when you opened the account (but most likely did not read in full when you received it, and might even have discarded). One final note: with just $11K, please do not open a brokerage account for your Roth IRA and invest in stocks, bonds etc.  For now, invest all your Roth IRA in a single low-cost mutual fund (preferably an index fund such as the Vanguard S&P 500 Index fund or Fidelity Spartan 500 fund); you can branch out into more funds when you have more money in your Roth IRA. Investing in these funds does not need you to have a brokerage account; you can do it directly on the fund's website. Avoid (for now) the siren song of Exchange-Traded Funds (ETFs) because you need to have a brokerage account to buy and sell them.  When you have more money in your Roth IRA account, say in ten years' time, you can start investing in individual stocks, ETFs and the like through a brokerage account, but don't do it now.\""}
{"_id": "32673", "title": "", "text": "Well this was an interesting read, but sadly no one has given me anything I asked for. I'm not complaining, as I didn't expect a complete stranger to actually tell me how much they make, but I figured it'd be worth a try. Anyway, I'm gonna assume that you work in NY? If so, what were your starting hours like (approx) and also, do you work as a quant, cause it seems (correct me if I'm wrong) that you're describing an I-Banking job. Also, if you feel comfortable, a starting salary would be helpful as well. I'm trying to get real figures here cause everyone that I ask tells me something different.  Finally, I haven't completely taken NY off the table as an option, I would just prefer Toronto if it's possible."}
{"_id": "32701", "title": "", "text": "Ive been that guy a few times.  was this close to launching their computer across the room.  they said vehicle B was equivalent to vehicle A and yet they also said that vehicle C which was made by the same company as B was somehow also equivalent as if Toyota or whoever made more than one vehicle in a given class.  Equivalent my ass!    I went on another trip with a large group of friends and they all took the rental place in the airport.  The wife and I took the shuttle to one off campus because I was thinking about buying a mustang and they had them so I wanted to drive it around for the week to see how I fit.  Thats the only reason I went to that place.  I motherfucked the hell out of that asshole and the other cunt and still got nowhere.  Hopefully those motherfuckers crashed their cars into a goddamn bridge on the way home.  I hate the fucking lying."}
{"_id": "32702", "title": "", "text": "I know you're making a joke, but I really think Tesla could kill off train transportation entirely. If you can get in a car anywhere in the country and travel anywhere else in the country, more or less in a straight line instead of following the few rail routes available, then it just comes down to price. If they're able to make long distance travel affordable with cheap, renewable electricity charging up the cars, then Amtrak will be history."}
{"_id": "32709", "title": "", "text": "It's fake. It's not a leak.  &gt; According to **this rendered image,** Apple may be releasing a new line of Macbook Air computers in the color \u201cSpace Gray\u201d at their next conference.  And according to my anus, Apple may be releasing a new line of Macbook Air computers that can be inserted rectally."}
{"_id": "32714", "title": "", "text": "\"Most likely because they don't know what they're talking about. They all have a belief without evidence that information set X is internalised into the price but information set Y is not. If there is some stock characteristic, call it y, that belongs to set Y, then that moves the gauge towards a \"\"buy\"\" recommendation. However, the issue is that no evidence has been used to determine the constituents of X and Y, or even whether Y exists in any non-trivial sense.\""}
{"_id": "32722", "title": "", "text": "\"I'd be curious how many of those people own cell phones, flat screen TV's, the latest DVD's, $100 shoes etc.   I know there are poor people who spend their money wisely and still barely make it, but I'm related to \"\"poor\"\" people who are always dressed better than I am and still barrow money from grandma every month.\""}
{"_id": "32744", "title": "", "text": "You are not missing something basic.  Putting money in the bank will cost you in terms of purchasing power.  The same thing has been true in the US and other places for a long time now.  The real interest rate is negative--there is too much aggregate wealth being saved compared to the number of profitable lending opportunities.  That means any truly risk-free investment will not make as much money as you will lose to inflation.   If the real interest rate appears to be positive in your home country it means one of the following is happening: Capital controls or other barriers are preventing foreigners from investing in your home country, keeping the interest rate there artificially high Expected inflation is not being measured very accurately in your home country Inflation is variable and unpredictable in your home country, so investors are demanding high interest rates to compensate for inflation risk.  In other words, bank accounts are not risk-free in your home country. If you find any securities that are beating inflation, you can bet they are taking on risk.  Investing in risky securities is fine, but just understand that it's not a substitute for a risk-free bank account.  Part of every interest rate is compensation for the time-value-of-money and the rest is compensation for risk.  At present, the global time-value-of-money is negative."}
{"_id": "32748", "title": "", "text": "Well keep in mind until the 2007ish housing crash Fannie and Freddie MADE money, they received no help from the federal gov't. The whole idea of the secondary mortgage market was to keep money flowing to home buyers and everyone who bought a home benefited (via rates a few points lower than if banks had to keep all the capital on hand to back all the loans)  Both these institutions worked well for about 40 years, the criminality here was that ratings agency rated these bonds as AAA, when in fact they were junk, that's who failed in their due diligence and really should be held accountable. (as if they were rated junk, the banks would have no one to buy them except at junk bond interest rates, meaning they wouldn't have made these loans to people who couldn't really afford houses.) The rating agencies were *supposed* to be neutral evaluators of the debt, and instead they essentially took what amounts to bribes from the banks to rate them highly."}
{"_id": "32749", "title": "", "text": "$100K of mortgage debt at 4%, 30 years will result in a $477/mo mortgage. It would take about $23K in income to have 25% of the monthly income cover the mortgage.  This means, that with no other large debts, a bank will lend you about 4X your income.  If, instead of 25%, we decided that having 20% of income go to the mortgage, the ratio drops to just over 3X.  In the end, it comes down to keshlam's advice regarding a budget. I think the question can't be answered as asked, given the fact that you offer no numbers. For the average person, credit card debt, student loans, and cars payments add up to enough to chip away at the amount the bank will lend you. Since (per one of the linked questions) the maximum debt service should be 36%, you start with that and subtract all current payments.  If this doesn't suffice, let us know what, exactly you're looking for ."}
{"_id": "32764", "title": "", "text": "As pointe out by @quid, inflation figures are almost always quoted as a comparison of prices last month, and prices a year ago last month.  So 10% inflation in August means that things cost 10% more than they did in August a year ago.  This can lead to some perverse conclusions. Consider an imaginary economy where prices stay constant over years.  Annualized inflation is zero. Then something happens on January 2nd, 2018.  Some crop fails, a foreign cheap source of something becomes unavailable, whatever.  Prices rise, permanently, as more expensive sources are used. This is the only disruption to prices. Nothing else goes wrong. So, in February, 2018, the authorities find that prices in January, 2018 rose by 1% over January 2017. Inflation! Politicians pontificate, economists wring their hands, etc. In March, again, prices for February, 2018 are found to be 1% higher than for February, 2017.  More wailing... This goes on for months.  Every month, inflation (year over year) is unchanged at 1%.  Everyone has a theory as to how to stop it... Finally, in February, 2019, there's a change!  Prices in January, 2019, were the same as in January 2018.  Zero inflation!  Everyone takes credit for bringing down inflation..."}
{"_id": "32781", "title": "", "text": "MB's math is right, but I can describe it in a short sentence. All Traditional accounts are combined, 401(k) rollover is no different from other IRA money. You should have been tracking your non-deducted money via form 8606 so you know this figure. The non-deducted money as a percent of your total balance is the percent of conversion that's not taxed.  (To be clear, deducted contributions and growth are not tracked separately, one only tracks the non-deducted deposits.)"}
{"_id": "32784", "title": "", "text": "From personal experience: Loan Impact It does impact your ability to take out other loans (to an extent) Your first investment property is going to go against your debt to income levels, so if you take out a loan, you've essentially decreased the amount you can borrow before you hit a lender's debt to income ceiling.   Two things about that: 1) I'm assuming you have a primary mortgage - if that's the case they will factor what you are already paying for your primary house + any car loans + any student loans, etc.  Once you've successfully taken out a mortgage for your investment property, you're probably close to your debt to income ceiling for any other loans.  2) There is usually a 2 year time period where this will matter the most.  Once you've rented out this property for 2 years, most financial institutions will consider a percentage of the rent as income.  At this point you can then take on more debt if you choose. Other (Possibly Negative) Impacts and Considerations Maintenance Costs Renovations Turnovers Taxes and Insurance Downpayments and interest Income tax Advertising costs Property Management costs Closing costs and Legal fees Vacancies HOA fees Other (Possibly Positive) Impacts and Considerations Passive Income as long as the numbers are right and you have a good property manager Tax deductions (And depreciation) Rent has low correlation to the market Other investment alternatives: Stocks Reits (not directly comparable to investment properties) Long story short- can be a hassle but if the numbers are right, it can be a good investment. There's a series of articles further explaining these above listed components in detail."}
{"_id": "32811", "title": "", "text": "\"No. A deposit to an IRA must be in cash. A conversion from traditional IRA to Roth can be \"\"in kind\"\" i.e. As a stock transfer. Last, any withdrawals can also be in stock or funds.  IRS Publication 590, so important, it's now in 2 sections Part A and Part B, addresses IRA issues such as this as well as most others.  By the way - now on page 7 - \"\"Contributions, except for rollover contributions, must be in cash.\"\"\""}
{"_id": "32833", "title": "", "text": "In addition to the issues discussed in BrenBarn's answer, I think you need to consider your medium term saving needs and existing savings. In particular, do you have a sufficient rainy day fund, a fund you will spend if things go wrong? For example, if you are dependent on a vehicle that is not covered by a guarantee or service plan, you should have enough money saved for a couple of major repairs. Depending on how secure your job is, whether it carries sick leave and long term disability, and how easy or difficult it would be to find another job in the event e.g. of your employer going bankrupt due to a downturn in your industry, you should have months to years of minimal living expenses in your rainy day fund. If you don't have those things covered, you should urgently save as much as you can until they are covered. If you do, then the next savings priority is to put money by for retirement. Of course, if all goes well the rainy day fund will ultimately get folded into retirement, but it needs to exist now, in a form you can access quickly."}
{"_id": "32835", "title": "", "text": "Here is the raw truth that you are missing.  The people displaced by Amazon eliminating these lower end jobs will not be able to find work. EVER!!!!  They are now structurally unemployed.  The are not able to learn the skills necessary to find work because they lack the initiative and/or intelligence.  Remember that the average I.Q. is 100 meaning that around half of the workforce is below 100.  If we eliminate all jobs these folks can perform what are they going to do?  Idle hands etc."}
{"_id": "32843", "title": "", "text": "That's what most athletes should do, but they don't. They end up getting an uncle or cousin to invest for them and they end up stealing it or losing it on terrible investments. It's really sad. And all the major sports put these guys through learning seminars when they are rookies, but they just don't listen."}
{"_id": "32846", "title": "", "text": "I would like JD to soar I got in little while ago. I have heard a lot of news lately about Unicom in the last month or so but this is the first time JD has been involved. Also until you shared this article I always read Unicom as Unicorn haha."}
{"_id": "32853", "title": "", "text": "It's also the fact that there's a difference between ability and qualification.  I, for example, am capable, though not qualified in the eyes of many companies.  I've talked to a couple of them before where they don't seem to care much about an electrical engineering degree, but would love me if I had a toilet paper MIS degree or similar."}
{"_id": "32855", "title": "", "text": "CDs or money market funds. Zero-risk for the CD and ultra-low risk for the money market account; better return than most savings accounts."}
{"_id": "32864", "title": "", "text": "What on earth are they going to deliver for $100 in 2017...? People might as well go back to developing gamecube games. If you want cheaper games that are more fun than just sheer graphics, the nintendo virtual console has you covered, only the price of the actual console is high--if it's too high, then you have plenty decent indie options through Steam."}
{"_id": "32867", "title": "", "text": "This works even better when you have a good credit score when you want to arbitrarily inflate it for bragging rights or lowest interest rates, I'm only pointing this out because it has nothing to do with your current score and CK's recommendation. The presence of an installment loans is 10% of your credit score, according to some credit scoring models. So theoretically someone with a solid 720 score could gain 72 points, while someone with a 480 score would only gain 48 points. But the scores are weighted so you wouldn't get that kind out outcome regardless, it will have less of an impact. You can do this, amongst other things, but if that installment loan alters your utilization of credit it will more greatly lower your score, and the hard inquiry to apply for the loan will also temporarily hurt your score and you also might not be approved. These are the things to consider (but fortunately utilization has no history). Yes you can pay the loan off with a monthly payment. The loan's interest will cost slightly more than the monthly payments, by the end of the loan term. I've done this with a 5 year $500 installment loan at a credit union. As others pointed out, you don't have to spend money to raise your credit score (unnecessary interest, in this case), but you certainly can!"}
{"_id": "32880", "title": "", "text": "Since this is the reasoning: I don't want to bother with micropayments, and harassing her for   monthly payments. You must do one the following: Provide the money to your mom as a loan (i.e.: with a note and interest) payable when the full repayment of the loan to the bank is done (i.e.: balloon note). The terms of the note should be that the money to be used as collateral for the secured loan from the bank. Provide the money to your mom directly. In this case you have to pay gift tax on $7K (above the 13K exemption limit). Since you want the money back - you'll probably want the option #1. Your interest rate should be above a certain level to avoid reclassifying it as a gift by the IRS (your tax adviser can help you with that). Your mom will pay interest to the bank on the secured loan, and to you on the collateral (unless you wave it, subject to gift tax, again - talk to the tax adviser). You will only need to harass your mom about the balloon payment in the end. This is not a tax or legal advice. Talk to your tax adviser and a legal counsel about the details and additional options."}
{"_id": "32907", "title": "", "text": "It's still a car with the carbon footprint of a car, except it uses electricity, which still is generated by fossil fuels for the most part   If it's a step in the right direction  And people are only buying it to be cool elitist hippies, deep down  I'd still like to buy one"}
{"_id": "32936", "title": "", "text": "You always see articles of how financially distressed people are, but then other articles on how home prices are rising and people don't want to sell their homes for less (to meet the pent-up demand for starter homes).  A nice, long, prolonged drop in real estate prices would solve so much. With the decline in retail I hope it comes."}
{"_id": "32944", "title": "", "text": "\"To short:  Of course, you may always buy some index correlated ETF that eliminates the above. They use stock futures on the index, and you simply buy the \"\"shorting ETF\"\" in your non-margin account. However, they are surprisingly high cost, and despite the intended correlation, have significant drag. It's a much safer way to short the market (you have great choice in which market ETF) and eliminates the single stock risk.\""}
{"_id": "32953", "title": "", "text": "I believe that! Their system is meant to cause defaults. They are so disorganized and unhelpful. On three separate files for the same client, I dealt with lost documents and forced start over on the processes of approvals because they said documents weren't received in time, even though we had confirmations. I think if Congress could sit through a customer service call or process for some person trying to do a loan modification or get short sale approval, they would instantly call a senate investigation into their practices. I don't know how they can not be aware of the outright fuckery that goes on with their company."}
{"_id": "32966", "title": "", "text": "The percentage fee often depends on the type of card. Amex and rewards cards like aeroplan cards often charge 2.5-4% whereas cashback cards will charge less. That's why most places (specifically in Canada which is where I'm from) don't take Amex because they charge way too much."}
{"_id": "32973", "title": "", "text": "The value of Coins & Currency is more of Demand Vs Supply Situation. The value of Coins is not just due to it being old, but also   For example the 1876 US Nickel around 300,000 were minted. The 1916 US Nickel around 400,000 were minted.  However the 1916 Nickel is at more premium than the 1876. This is because there are many collectors who want to complete the collection post 1900. They can never complete the 1800 to 1900 collection as other year coins are not available.   It is hard to tell which currency will catch craze amongst collectors. That's what will drive the prize. For example if 50 years from now, Zimbabwe becomes a leading developed country, there will be craze / nostalgia to collect things of past.   Certain coins like the American Double Eagle are a craze because the design is very good, its made of Gold, has history to it. It's sold for USD 7-8 Million, Or the USD 1 Dollar uncut sheets [16 notes in a sheet], the sheet goes for around 1-2 Million USD As an individual if you have some coins / currencies keep them more as a hobby than as something that would return value.   Investments in Collectibles and Art is an emerging form of investment and needs to be looked at separately and shouldn't be mixed with a simple hobby."}
{"_id": "32975", "title": "", "text": "Interesting point. I hadn't considered the general market so much as the large retail locations like malls.   I'm very interested in the effect of reduced foot traffic as major anchor tenants leave malls.   Most food court restaurants / chain retail like footlocker etc operate on slim margins except at holidays / high spending periods."}
{"_id": "32983", "title": "", "text": "\"No they aren't, they either can't afford fast food burgers anymore or they are willing to pay a little extra because they are ashamed of eating at Mcdonald's.  All fast food is roughly equivalent, the differences are just perception and marketing.  We probably all share the same concept of what Taco Bell and Chipotle represent: Taco Bell's are dirty and filled with stoners while Chipotle's are for younger hipper people who enjoy \"\"fresh\"\" food that won't make you shit yourself.  They both sell fake Mexican food with ingredients that come from god knows where and are hastily assembled by surly teenagers.  Is one better than the other?  That's entirely subjective.  Is one more likely to make your sick?  Probably not, both companies probably have roughly equivalent quality control procedures.  Does one have a better atmosphere?  Personally, I think that can be chalked up to confirmation bias.  You see Taco Bell's at gas stations and highway rest stops, in poorer neighborhoods, and Taco Bell has also been around for almost 40 years longer than Chipotle so of course some of the stores are a bit more run down.  Americans aren't over fast food at all there is just more competition and the competition has great marketing.\""}
{"_id": "32985", "title": "", "text": "This can make a difference of a few points. When your balance is reported on a monthly basis to the bureaus that current balance is used to determine your utilization. Keeping it paid down will  help in this case. If you are monitoring your credit regularly, you can see what time of the month your balance is reported and pay before then (just make sure you include enough padding to be sure your payment clears before the reporting date--normally only a business day or so, but weekends can throw it all off)."}
{"_id": "33003", "title": "", "text": "$900 seems like a fair cost of minor repair. As a landlord, I repaint and repatch the walls if there are any holes. Labor is also expensive now a days (especially here in the West Coast).   HOWEVER, this is why there is a security deposit. To make sure things like this is covered after move out. NOW, you could ask the landlord for an itemized invoice of the cost of repairs. Which then you could rationalize the costs of repairs. I usually take the security deposit, then deduct any costs that were need during repair. And give the remaining difference back to the tenant."}
{"_id": "33006", "title": "", "text": "Think carefully about the added expenses.  It may still make sense, but it probably won't be as cheap as you are thinking.  In addition to the mortgage and property taxes, there is also insurance and building maintenance and repairs. Appliances, carpets, and roofs need to be replaced periodically.  Depending on the area of the country there is lawn maintenance and now removal. You need to make sure you can cover the expenses if you are without a tenant for 6 months or longer.  When tenants change, there is usually some cleaning and painting that needs to be done. You can deduct the mortgage interest and property taxes on your part of the building.  You need to claim any rent as income, but can deduct the other part of the mortgage interest and taxes as an expense.  You can also deduct building maintenance and repairs on the rental portion of the building.  Some improvements need to be depreciated over time (5-27 years).  You also need to depreciate the cost of the rental portion of the building.  This basically means that you get a deduction each year, but lower the cost basis of the building so you owe more capital gains taxes when you sell. If you do this, I would get a professional to do your taxes at least the first year.  Its not hard once you see it done, but there are a lot of details and complications that you want to get right."}
{"_id": "33015", "title": "", "text": "Ok, cool, feel free to browse this post and all responses. By all means I realize jobs are your paying customers, but my thought is if the site were trafficked enough by job seekers, like indeed is, you can dominate and set the tone to better aide job seekers and boost the economy with job placement.   I think the job posters are abusing their paid privileges and bs'ing too much waste their time and job seekers time. I think a form field with more questions and restrictions in the template will do a lot of good. Imagine a 40 hr week sifting through job sites currently. It's hell.   https://www.reddit.com/r/jobs/comments/6thr7k/if_you_could_change_the_navigationcategorization/?st=J6LFPY6J&amp;amp;sh=4ca9e3fa  I also posted in user interface design and will get that link for you to gain that feedback as well."}
{"_id": "33050", "title": "", "text": "\"Responsibly produced food is more expensive because it costs more to produce food responsibly. Hard to imagine there won't be some supply constraints associated with these price cuts. \"\"Organic free range beef only $5/lb when available( only available at 3:42PM every third Tuesday of months that start with the letter 'J'\"\"\""}
{"_id": "33078", "title": "", "text": "This is all too typical of immature people. Any opinions not in alignment with their own are classified as 'stupid.' It takes time and experience to realize that other people usually have good reasons to think as they do, even when you just cannot fucking understand why."}
{"_id": "33083", "title": "", "text": "Buying and selling cars a lot is something that makes money if you are a dealer but usually doesn't if you are not.  The question to ask yourself is why you want to sell it.   If it is because you are feeling poor and need money, it might make sense to sell it, particularly if you don't need it.  But $12k or whatever is not a ton of money.  If you do need a car and will have to replace it if you sell it then selling it is likely not a good idea. If it is because you want a nicer car and can afford to upgrade, then selling it is likely a good idea.  The fact that you have had it for years and not paid off the loan tells me this situation is unlikely. You should think of the value of your car to you (and the potential cost of replacing it) and the amount of money you owe on it as two different things.  The debt you have is a debt that you will need to pay no matter what you do with the car or how its value changes.  The value of the car to you is pretty much a separate issue from how much you have outstanding in debt.   If you want to sell the car to pay off the debt that is fine if you don't need the car or if you can get a suitable replacement car for MUCH less (which I find unlikely)."}
{"_id": "33092", "title": "", "text": "David Brooks is a well known hack-fraud pundit over at the NYT. He thinks he is much smarter and more articulate than he actually is. His corner is kind of a right-leaning fiscal-conservative sometimes used as a counter-balance to give the appearance of neutrality on issues, despite the fact that he's not an expert or an economist. Generally you should avoid his work.   I can almost guarantee that he didn't take an 'uneducated lady friend' to a sandwich shop for lunch. And even if in a fictional universe he took her to a dumpy corner italian deli that served sandwiches, they would have the same names and dishes. And even if he did take her to a boujie boutique sandwich shop, you're probably right she probably popped her eyes seeing $12.50 for a sandwich and not weak in the knees from seeing so many vowels."}
{"_id": "33100", "title": "", "text": "All stocks are held in the expectation that they will eventually return money to whoever is holding the shares at the time, by one or more of the following mechanisms: Just because they aren't paying anything out now, doesn't mean they won't in the future, and even if the current shareholder sells before receiving anything, the next shareholder or the one after that (etc) will get the money. The hope of those future payouts is what ultimately makes people willing to pay for them - the current market value fluctuates at least in part based on the expectations of the people buying and selling of what those payouts will be."}
{"_id": "33117", "title": "", "text": "If this was a public corporation (stock) and the investment was made in a non-registered account, then you can claim a capital loss.  Capital losses are claimed against capital gains (not income), and can be carried back 3 years or carried forward indefinitely.   Here's an article I've written on how to claim capital losses that may help."}
{"_id": "33132", "title": "", "text": "I just wrote an article about this and how Im playing it (ALOT of long dated OotM (out of the money) PUT options).  Especially with the Fed forcing rate hikes (as if they think we dont understand theyre hiking only to cut rates in a few months when a recession shows) and the economys growth weakening.  I don't see a single catalyst for resuming the boom in auto sectors.  (my article) https://lonewolf.liberty.me/car-mageddon-is-upon-us-and-how-to-play-it/"}
{"_id": "33154", "title": "", "text": "\"&gt; This is probably the single most clueless statement I've read about business, ever... actually made me laugh.   Because you are clueless? Do you know how many ads I see on the internet every day? Zero. I see Zero ads. And every person I talk to sees Zero ads, because I tell them about ad blockers. And they tell their friends, and so on and so on.  I advertise on reddit, and I pay for \"\"impressions\"\". So every 1k impressions I pay a certain amount. But they have no way of knowing if those impressions are actually seen or not, they can use sophisticated scripts to determine if the ads are blocked but there are sophisticated ad blockers designed to block just those kinds of things. This is a war, and in the end ad blockers are going to win this war. So why would anyone pay for advertising?  Advertising is dead. It's dying. And if marketers can't find a new way to make money they will die with it.\""}
{"_id": "33155", "title": "", "text": "If you have such a long term investment goal there really is no reason to try time the markets, 1990s market high was nothing compared to 1999s market high which was nothing to 2006  etc and so on(years quoted as example).  Also consider cost of opportunity missed by holding back investing your immediately available investment capital and have it sit in a bank account for 18-24months, collecting meager returns instead of a 5-10% potential return for example(which isnt a strech by any means). Now if you re really hell-bent on timing the market, since you re in the UK, if you really want to attempt it, I would pay close attention to Brexit news and talks that are scheduled for 2018 onwards. Any delays on that deal and/or potential bad development may lead to speculation and temporary lows for you to buy in. If thats worth the effort and cost of opportunity mentioned before is up to you."}
{"_id": "33157", "title": "", "text": "\"I am a tax lawyer and ALL the RESPONSES ABOVE are 1/2 Correct but also 1/2 Wrong and in tax law this means 100% WRONG (BECAUSE ANY PART INCORRECT UNDER TAX LAW will get YOU A HUGE PENALY and/or PRISON TIME by way of the IRS!  So in ESSENCE ALL the above answers are WRONG! Let me enlighten you to the correct answer in 5 parts, as people that do not practice tax law may understand (but you still probably will not understand, if you are NOT a Lawyer). 1) All public companies are corporations (shown by Ltd.), 2) only Shareholders of Public companies (ie, traded on the NYSE stock market) are never liable for debts of a bankrupt company, due to the concept of limited liability. 2) now Banks may ask a sole proprietorship (who wants to incorp. for example) to give collateral, such as owners stocks/bonds or his/her house, but then of course the loanee can tell the Bank No Thanks and find a lender that may charge higher interest rates but lend money to his company with little to NO collateral. 3) Of course not all companies are publicly traded and these are called private companies. 4)\"\"limited liability\"\" has nothing to do directly with subsequent shareholders (the above answer is inaccurate!), it RELATES rather to INITIAL OWNERS INVESTMENT in their company, limiting the amount of owner loss if the company goes bankrupt. 5) Share Face-value is usually never related to this as shares are sold at market value in real life instances (above or below face-value), or the most money Investments Banks or owners can fetch for the shares they sell (not what the stock's face-value is set at upon issuance). Never forget, stocks are sold in our Capitalistic System to whomever pays the most, as it is that Buyer who gets to purchase the stock!\""}
{"_id": "33159", "title": "", "text": "From Wikipedia: If a company with limited liability is sued, then the claimants are   suing the company, not its owners or investors. A shareholder in a   limited company is not personally liable for any of the debts of the   company, other than for the value of their investment in that company. Summarized, no, if you buy stock from the regular stock market like NYSE, you're not personally liable for any debt or fraud that happens."}
{"_id": "33200", "title": "", "text": "The price of the loan may be justified if you're considered a high-risk applicant for some reason (e.g. you're putting very little money in initial payment), and if it includes all the associated expenses. What is more relevant to your situation is that you're probably better off renting. Think about it: your $300'000 house will require some repairs in those 30 years (let's estimate those at $100'000). That means in 30 years you'll build $200'000 of equity spending $720'000 on it. Of course this assumes that the value of the house will remain constant. You're effectively be throwing away $520'000, or more than $1'400 a month. If you can rent a place for $1'400 a month or less, you'll build more equity by renting that place for 30 years and saving the excess money in a bank account. If you consider the interest that money in your bank account will earn you (e.g. 3% annually), you'll build more than $200'000 equity in 30 years even if you spend as much as $1'650 on your rent and save only $350 a month."}
{"_id": "33208", "title": "", "text": "The dividend goes into the IRA (either reinvested automatically or remains as cash until you invest it, per your choice). You're not taxed on this dividend (IRA is a taxed-deferred account - you're taxed on the distributions, but not on the capital gains within the account)."}
{"_id": "33261", "title": "", "text": "Not surprising, the whole culture has shifted since  everyone was either let go, had a work buddy (or several) let go, or were sitting on the edge of their seats for 18 months waiting to be let go back in the collapse."}
{"_id": "33287", "title": "", "text": "As Victor says, you pay tax on net profit. If this is a significant source of income for you, you should file quarterly estimated tax payments or you're going to get hit with a penalty at the end of the year."}
{"_id": "33291", "title": "", "text": "Have a read of this PF&M article, which @Blackjack has an excellent answer that speaks around risk. Answers which suggest that the return is proportional to the amount invested is a very simplistic argument. It is far more complex than that. I would content that your initial question Does investing more money into stocks increase chances of profit? is not the best question. The answer is it depends upon your investment methodology. The following will increase your chance of overall profit in the stock market"}
{"_id": "33304", "title": "", "text": "I use a spreadsheet for that.   I provide house value, land value, closing/fix-up costs, mortgage rate and years, tax bracket, city tax rate, insurance cost, and rental income.  Sections of the spreadsheet compute (in obvious ways) the values used for the following tables:  First I look at monthly cash flow (earnings/costs) and here are the columns:   Next section looks at changes in taxable reported income caused by the house,  And this too is monthly, even though it'll be x12 when you write your 1040.   The third table is shows the monthly cash flow, forgetting about maintenance and assuming you adjust your quarterlies or paycheck exemptions to come out even: Maintenance is so much of a wildcard that I don't attempt to include it.  My last table looks at paper (non-cash) equity gains:  I was asked how I compute some of those intermediate values.  My user inputs (adjusted for each property) are:  My intermediate values are:"}
{"_id": "33320", "title": "", "text": "\"Yes, the world was very poor, things were supposed to change and people could live better lives, but now people live at home until 28 just to try and have a home of their own. And we argue that this is preferable, for some stupid reason.  If you stopped sitting on your ass and actually learn a skill, you can move out earlier than this.  I moved out at 23 and have had no problems finding jobs, even with a terrible economy.  Nobody is going to hand you a good job.  You have to earn it.  \"\"You did make a sound financial decision, in a warped, lopsided society that lets rich people get away with murder. Romney pays 14% of his income to taxes? pfft, this IS class warfare, and the lower and middle classes are losing.\"\"  How many jobs did Romney create?  All of those jobs = tax dollars going into our economy.    The rich pay more than anyone else and you still complain!!  50% of the US population don't even pay federal income taxes.  It's class warfare because you have this fucked-up mentality that the rich are somehow doing something wrong for earning more than everyone else.\""}
{"_id": "33341", "title": "", "text": "\"It's like people think the definition of fascism is \"\"a thing I don't like\"\". Let say, as Robert Paxton did, that fascism is \"\"a form of political behavior marked by obsessive preoccupation with community decline, humiliation, or victimhood and by compensatory cults of unity, energy, and purity, in which a mass-based party of committed nationalist militants, working in uneasy but effective collaboration with traditional elites, abandons democratic liberties and pursues with redemptive violence and without ethical or legal restraints goals of internal cleansing and external expansion.\"\" What does that have to do with minimum wage or a livable wage? I'm not saying you can't push for some lassiez faire paradise but everyone who disagrees with you isn't a fascist.\""}
{"_id": "33350", "title": "", "text": "By paying the $11,000 into the 2.54% loan you will save $23.30 in interest every month. By paying the $11,000 into the 3.625% loan you will save $33.20 in interest every month. If your objective is to get rid of one loan quicker so repayments can go to the other loan to pay off sooner, I would put the $11,000 into the 2.54% loan and pay that off as quick as possible, then put any extra payments into the mortgage at 3.625%. Pay only the minimum amounts into the 0% car loan as this is not costing you anything."}
{"_id": "33357", "title": "", "text": "This can arise with very thinly traded stocks for large blocks of shares. If the market only has a few thousand dollars available at between 8.37 and 12.5 the price is largely meaningless for people who want to invest in hundreds of thousands/millions of dollars worth, as the quoted price can't get them anywhere near the number of shares they want. How liquid is the stock in question?"}
{"_id": "33376", "title": "", "text": "I recommend talking to your parents.  You may be able to convert the account to a joint account that is shared with them, and then they would be able to withdraw the money for you."}
{"_id": "33389", "title": "", "text": "Not sure of your locality. In the USA, there are many options. There are many corporate bonds that pay interest monthly. You can invest in a handful of bonds, chosen so at least one of them pays interest each month. (Minimum investment requirements make this an expensive option)  Unit Trusts made of bonds (a handful of bonds wrapped into a single fixed investment) usually pay monthly interest. As the bonds begin to mature, the interest payments shrink (but you begin to get principal payments which can be reinvested). Bond mutual funds and ETFs usually provide monthly dividends (that come from the interest and capital gains of the bonds held by the fund). Dividends are usually consistent, but not necessarily fixed.  You can produce a monthly income from stocks in the same way as the above mentioned bond methods. Income can be consistent, but not fixed."}
{"_id": "33391", "title": "", "text": "07-08 isn't our only reference point. It is the most extreme financial event in decades. But, there could easily be enough froth to spark another downturn (10 years since 2008 it wouldn't be too soon for that either) like market crashes in 1989 or 2001.   It's not all doom and gloom but you have to be realistic. There is an economic cycle and it has been around 10 years since the last recession. Asset prices are high and not matched by real world performance. It would just take a medium sized shock to trigger a mini crash. Some kind of high street bankruptcy or accounting scandal could have quite major repercussions."}
{"_id": "33394", "title": "", "text": "If you're talking about ADBE options, that is an American style option, which can be exercised at any time before expiration. You can exercise your options by calling your broker and instructing them to exercise. Your broker will charge you a nominal fee to do so. As an aside, you probably don't want to exercise the option right now. It still has a lot of time value left, which you'll lose if you exercise. Just sell the option if you don't think ADBE will keep going up."}
{"_id": "33396", "title": "", "text": "I think that MFin is best suited for more technical roles in banks (I assume when you say IB you mean sell/buy side M&amp;A), HF, AM, and PM roles. I don't view PE, CF, or IB as technically challenging as most of the analysis is done on the areas outside of finance."}
{"_id": "33404", "title": "", "text": "This is not just a Santander issue - 95% of ATMs globally run on XP (secondary source: http://www.theverge.com/2014/1/20/5326772/windows-xp-powers-95-percent-of-atms-worldwide). This is because of what has already been mentioned - the benefit does not outweigh the cost/inconvenience.  However, in the wake of the recent WannaCry ransomware attack, there are well-founded security concerns with relying on an unsupported operating system in such a widespread manner."}
{"_id": "33417", "title": "", "text": "Hi guys, could I get advice on possibly entering finance myself? I have a BSE in computer engineering, and a Ph.D. in nanoscience and microsystems, and I do computational aeroscience and biology now. Needless to say, I'm an applied physics and computer nerd. I love currency and commodities trading and instruments, though, I'm totally fascinated by it and I'm a *mean* coder and scientist. Can I get into finance?"}
{"_id": "33429", "title": "", "text": "Floyd Mayweather isn't wealthy???? Wtf are you talking about? Forbes puts his net worth somewhere near 400M. That's not all in liquid assets he can just hand to the IRS (which would be stupid if they were liquid). The guy has houses, cars, jets, boats, planes, businesses. Wtf? The guy has made himself into one of the best boxers and promoters on the planet, he'll be rich off of boxing forever.  He has tax liability, i'm not sure why but it's not crippling for a guy who in a month will make literally 10x his liability in one day. If $500M isn't wealthy... no stop, it's insanely wealthy. Y'all are just bonkers."}
{"_id": "33441", "title": "", "text": "I've seen my score dip a little bit after every hard pull.  (Admittedly, a fako score.)  You apply for credit or for a credit increase and your score is going to dip. Any check that is not intended to grant credit (either an existing creditor rechecking, or when you check your own credit) has no effect on your score.  Likewise, a check done to screen for a solicitation have no effect as you are not trying to borrow.  (Taking them up on the offer will normally cause a hit, though.)"}
{"_id": "33445", "title": "", "text": ""}
{"_id": "33446", "title": "", "text": "Sigh. You're obviously going to believe what you want to believe.  I meant General Mills. Congratulations. You've made an entirely irrelevant point that adds nothing whatsoever to the conversation.  &gt;Bullshit. they will do whatever they can do that they think will increase the bottom line.  Indeed they will, and deception, or even appearance of deception, hurts their bottom line. I thought I made that clear. It's generally bad for business to piss off your customers."}
{"_id": "33462", "title": "", "text": "Judging by the fact that 6% of the companies in the U.S earn roughly 50% of the profits, the Dow Jones is most certainty not useless. The 6% of companies that earn all the profit are the biggest movers of the market, thus they give a basic glimpse of how the economy is faring."}
{"_id": "33463", "title": "", "text": "\"Rather than reading news stories, why not go straight to the HMRC source? https://www.gov.uk/tax-on-your-private-pension/lifetime-allowance Seems your lifetime allowance measurement differs based on whether your pension is defined contribution or defined benefit.  The latter seems fairly simple at 20 times first year payout, though the HMRC usage of the word \"\"usually\"\" is disconcerting.    The language for defined contribution implies they check multiple times for violation of the LFA, just like you've pointed out.  Of note, they specifically list: Note that you can also file to \"\"protect\"\" a larger LFA that you might have previously had.  This generally means not contributing any longer to your pension though.  There is info on the page linked above.\""}
{"_id": "33503", "title": "", "text": "Forget income tax, they need to raise the tax on capital gains and other investment income, that's where most of the wealth is. For example a CEO would get like 200k in income every year, but would get hundreds of millions in stock options. A higher income tax means nothing for this CEO, and for the country for that matter."}
{"_id": "33512", "title": "", "text": "Yeah, we must be in completely different social circles. My friends all rave about the latest brunch spot with $15 all-you-can-drink mimosas or the Michelin star restaurant that you have to reserve months in advance (but they know that you can wait stand-by for three hours to get a table). The cheapest meals for me are $25 for lunch, not including alcohol. Dinners are easily $50+. That whole avocado toast article? Describes my friends to a T.   Needless to say, none of us would be caught dead in an Applebee's. Even our burritos cost $8 (but hey, it won the 538 National Burrito Contest)"}
{"_id": "33515", "title": "", "text": "Insider trading is when you buy or sell an investment based on material, non-public information that gives you an unfair advantage over the rest of traders in that market.  Working for a company is one way that you might have such information, but whether it is insider trading is not contingent on you working there. You could use that information a long time after leaving the company. You don't even need to have worked there. If a friend/relative gave you non-public information because THEY work there, it is still insider trading."}
{"_id": "33537", "title": "", "text": "&gt;[**\u0425\u0430\u043b\u044f\u0432\u0430 \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435!!! \u041f\u0440\u0430\u0432\u0434\u0430!? \u041a\u0430\u043a \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435 \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439 \u0438\u043b\u0438 \u043d\u0430 \u043f\u0440\u0438\u0433\u043b\u0430\u0448\u0435\u043d\u0438\u044f\u0445! [3:40]**](http://youtu.be/3J8EUjG3pJ0)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0431\u0443\u0434\u0435\u0442 \u0438\u043d\u0444\u043e\u0440\u043c\u0430\u0446\u0438\u044f \u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0435 \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^10 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "33538", "title": "", "text": "\"I think your theory breaks down. If everybody started raising chickens, would your \"\"a chicken is worth a pair of shoes\"\" still hold? You have capacity to make some number of pairs of shoes in a day, do you allocate each to a chicken or do you say \"\"hmmm... there's more demand than I can supply, so I'm going to raise my price from one chicken to a 10 piece bucket!\"\"\""}
{"_id": "33544", "title": "", "text": "As an individual, I am not aware of any insurance you can buy that will cover legal costs for any event that may occur (whether criminal or civil)... I imagine this is because the risk is too difficult to measure and the moral hazard too great. I do notice you mention rental property/small business needs.  If your concern is truly for costs relating to some legal issue that arises out of your professional operations, then  Professional liability insurance may be what you are looking for (oftentimes referred to as errors and omissions, or E&O for short).  This insurance is specific to whatever business you engage in, however will typically protect you against legal claims (including defense costs) as a result of your business operations.  Note however that what is actually covered will be specific to your policy. As duffbeer703 mentioned, the purpose of insurance is for covering specific losses, i.e., protecting you from legal claims that may arise during the course of business.  If you are looking for a solution that will, e.g., provide you a standard set of legal documents (maybe a lease agreement) then you are not in fact looking for insurance, but instead legal services at a fixed rate. Why would an insurance company pay for services both you and it already know you need?"}
{"_id": "33562", "title": "", "text": "I wouldn't recommend leveraged dividend fishing. Dividend stocks with such high dividends are highly volatile, you will run out of collateral to cover your trades very quickly"}
{"_id": "33574", "title": "", "text": "Uber is not awesome - Uber is a dangerous company bent on obtaining a complete monopoly over the urban transportation market, eviscerating all competitors (including public transit) by massively subsidizing their fares using venture capital as a means of grabbing market share. Uber's model does not scale and they bleed money. The only way they will ever turn a profit is by establishing a total monopoly and extracting rent. Their corporate culture is atrocious, they  ignore regulations designed to protect consumers, and they've positioned themselves as a moralistic crusader fighting the big bad taxi cartel... which doesn't exist."}
{"_id": "33576", "title": "", "text": "The world of social media can be quite treacherous for businesses. For the most part, your prospective customers won\u2019t always welcome your page with open arms, especially if you do nothing but post about your business all day, sparing nary a thought to what they actually want to hear or read about. Below are some basic tips for beginners to social media marketing."}
{"_id": "33587", "title": "", "text": "This course was written by active owners, operators and investors in Group Homes, Halfway Homes, ICF/MR Homes, Disability Homes and other special needs assisted living and care homes in order to personally teach you the strategies and steps to help you start your first Group Home."}
{"_id": "33602", "title": "", "text": "\"http://www.irs.gov/taxtopics/tc503.html says you can deduct \"\"Any prior year's state or local income tax you paid during the year.\"\" So I would say as long as you have good records, you can deduct the excess refund you had to pay back in the year in which you paid it. Whether or not your return was amended shouldn't affect whether or not it is deductible.\""}
{"_id": "33608", "title": "", "text": "As near as I can tell that is their business model. I mean the [seriously argued to a judge that they weren't liable for a drivers actions while he was waiting for dispatch using their app](http://www.sfgate.com/news/article/Family-of-SF-girl-killed-by-Uber-driver-backs-5579980.php) which is as blatant an attempt to get out of any liability as I've ever seen."}
{"_id": "33623", "title": "", "text": "Yes peeper  Now, you think the mental state of the baboon in the Whitehouse is not related to the economy . .I do  You think the pointless wars that American is involved in is Off Topic . . I think they are a core fundamental of the economy  You have spent 9 years of your life with an attention span of roughly 15 secs and have given people the power to tell you what to say and what not to in a social experiment called reddit, you conform to being a lemming.   I am sorry I cannot relate to you and your habit of peeping"}
{"_id": "33628", "title": "", "text": "\"For MCD, the 47\u00a2 is a regular dividend on preferred stock (see SEC filing here). Common stock holders are not eligible for this amount, so you need to exclude this amount. For KMB, there was a spin-off of Halyard Health. From their IR page on the spin-off: Kimberly-Clark will distribute one share of Halyard common stock for   every eight shares of Kimberly-Clark common stock you own as of the   close of business on the record date. The deal closed on 2014-11-03. At the time HYH was worth $37.97 per share, so with a 1:8 ratio this is worth about $4.75. Assuming you were able to sell your HYH shares at this price, the \"\"dividend\"\" in the data is something you want to keep. With all the different types of corporate actions, this data is extremely hard to keep clean. It looks like the Quandl source is lacking here, so you may need to consider looking at other vendors.\""}
{"_id": "33651", "title": "", "text": "Can confirm. I lived in Arkansas for most of my life so far and recently moved to Orlando. The market and income difference in Orlando are insane. I am lucky to find an apartment that doesn\u2019t cost as much as two houses in Arkansas. If I wanted a $250k house in Arkansas, I could probably get a 4 acres and a 4 bedroom here I\u2019m lucky to get a 1 bedroom townhome, and that\u2019s still driving an hour to work! It\u2019s ridiculous."}
{"_id": "33673", "title": "", "text": "\"One of the things that you have to be aware of is a little gotcha in the credit utilization rate. They, or at least the credit company I worked for, used the \"\"high balance\"\" in figuring the credit utilization, not the ending balance. For example, say you had a single card with a $2000 credit limit and used it to charge everything during the month. Say that the high balance was $1900 and you paid it down to zero at the end of the month. The company would calculate your credit utilization at 95%. This is not good and not really fair, but that was the way it was done. Increasing the credit limit helps, but you can also usually make interim payments, say as a paycheck comes in, during the month, if you have an online account.\""}
{"_id": "33680", "title": "", "text": "I have and will.  It's just more bloat justifying it's self.  It's the marketing team taking credit for what the product team achieved.  They didn't have the right product, they made a better feeling soap and this is what the marketeers faffed around with in the mean time."}
{"_id": "33689", "title": "", "text": "\"We just got a chick-fil-a competitor called [PDQ](http://www.eatpdq.com/index.php?id=2). The fast-food-ish restaurant  doesn't have a freezer or a microwave, they bread their own chicken, and cut their own fries. I know this because the entire kitchen is completely open. The only thing I'm not certain about is the caloric / nutrient info for their menu. I've looked and haven't been able to find anything on it anywhere.   McDonalds/Wendys/Burger King better wake up and smell the pseudo-bacon cooking too. Chains like in-n-out, five guys, and smash burger are dominating the mid-tier of burgers while cook-out is emerging as a serious threat to the lower tier. Cookout is exploding in the South East because their food is absolutely delicious and you can get a \"\"cookout tray\"\" with a burger, two sides, and a drink for about $5.50.   The old giants of fast-food are in trouble and it's about damned time.\""}
{"_id": "33713", "title": "", "text": "The perilously dumb are the ones who can't admit that we live in a certified state-corporate oligarchy. A capitalist experiment gone wrong. That the financialization of our economy since the 1980's has reduced the world economy to financial machinations on fancy spreadsheets. The world is living through the end-results of all of this misguided short-termist bullshit, so I invite you to look all around you in order to understand things as they are (versus fluff economic theories and edicts that get continually debunked)."}
{"_id": "33714", "title": "", "text": "Putting money into a Roth IRA or 401(k) will save you money if your taxes this year will be lower than your taxes in retirement. See also the Wikipedia retirement-savings matrix."}
{"_id": "33717", "title": "", "text": "He gets upset if I insist on bringing an extra person to help him out but then he complains about his work load and how he's running the company alone. Why complain if I offered him an assistant?  I wish my boss would've offered me an assistant when I worked at companies. He refuses to take paid vacations. If he does take a vacation he'll tell me 2 to 3 weeks in advance. My red flag is he never ever takes a paid vacation. If he does take a paid vacation he plans it out a few weeks in advance. This is the perfect way to cover up anything."}
{"_id": "33723", "title": "", "text": "\"&gt;A lot of the greatest innovators in America started out with little or no capital. Thomas Edison once sold newspapers and fruit on a train. Jack Welch was the son of a train conductor who worked his way up the ranks of GE. Steve Jobs was put up for adoption as an infant and was at one point homeless.   Those are all *true* but *trivial* and *irrelevant* points.  Steve Jobs did not start and grow Apple computer without capital -- it was just *other people's capital* (a series of partners and investors).  Jack Welch may have \"\"worked his way up\"\" in GE, but he did not found the damned thing -- he merely ran it -- GE was not created or grown without capital.  And likewise with Thomas Edison -- yeah he \"\"once sold newspapers and fruit on a train\"\" (which is about as relevant to anything as that he once took a crap on a train as well); but he didn't save his money from those sales and use it as capital to found his lab -- he also had \"\"investors\"\".  &gt;The idea that the 1% create all of the growth in the economy is a lie.  Yes, it *is* a lie.  But that does not make the opposite true (that somehow innovation can occur *without* capital investment).  &gt;Do we, the citizens of the richest nation in the world, want to watch our fellow countrymen go hungry, homeless or die because they don't have living salaries or access to proper healthcare?  Ah, the \"\"emotional appeal\"\" -- spoken like a true ignoramus, socialist, or politician (but really those are all pretty much the same thing, so I am being redundant).\""}
{"_id": "33750", "title": "", "text": "As someone with 6 kids, I just found out that I lost $5,400,000 by doing so.  I'm pissed. Where's my millions?  Assuming you have all the kids in a row, Duggar-style, that's 28 years. Basically, it's $200k/yr with that scenario."}
{"_id": "33764", "title": "", "text": "\"There is *some* merit to it, in that [federal gross receipts are largely uncorrelated with tax rates](https://i0.wp.com/wichitaliberty.org/wp-content/uploads/2014/02/top-federal-personal-income-tax-rates-tax-receipts-2014-02.png).   There are two somewhat perverse consequences of that fact - First, raising taxes **doesn't** raise revenues, meaning we can't actually pay for \"\"moar free stuff from Uncle Sam!\"\" merely by adding an offsetting tax increase.  And second, raising taxes on group-X (ie, the rich) to make them pay their \"\"fair\"\" share flat-out *doesn't work*, it's effectively just kicking them in the balls because we grudge them for having more money than we do.  Now, as to whether or not lowering taxes really encourages companies to hire more and pay better - That's an entirely separate issue from whether or not it's revenue neutral from the perspective of the federal government.  Fortunately, we have a recent historical example - Reagan did exactly that, which ushered in a period of corporate greed and erosion of workers' rights not seen since the end of the days of the Robber Barons.  So on the front-end, Trump's not wrong; on the back end, he's trying to sell us unicorn farts.\""}
{"_id": "33800", "title": "", "text": "&gt;\u201cThat is the weather,\u201d he said of changes in the markets. \u201cIt goes up and down, this and that, and that\u2019s 80% of what you guys focus on.\u201d  &gt;Dimon said financial journalists would be better off concentrating on the \u201cbad policies\u201d that are hurting average Americans.  He's right, it is embarassing, however he's mistaken about what would be best for financial journalists. They aren't really interested in what's best for America. Their jobs demand that they publish content, and they believe that the easiest and best way to publish lots of content in a consistent manner is to focus on short sighted topics.   Anywhere you see people trying to feed the 24 hour media cycle you see this problem emerge. It's difficult to blame them, they gotta feed their families afterall.  We don't need this 24/7 flood of news. If every media outlet published on a weekly basis or less, they could focus on more important stories and they could take more time to investigate them. Their audience could focus on their own lives and bettering themselves. It would be a win:win. But that's not what we have.  Because Americans are fools?  Does anyone remember what sort of role JP Morgan had during the housing collapse however? Was this guy their CEO back then? I'm not forgiving any of them for that faux pas, and neither should anyone else. It's difficult to take seriously criticism coming from the most crooked industry in the world. At the end of the day money doesn't really matter. What matters is that people's needs are met, both needs for survival and recreation. In their greedy thirst for the second, the employees at all the major banks destroyed the lives of many people who were simply struggling to meet the first. Not cool."}
{"_id": "33810", "title": "", "text": "&gt;  Not everyone has the ability to eat the refund losses that Amazon does.  Why is this Amazon's problem? Those sellers are free to take their business to Ebay or anywhere else they can sell things. Amazon is trying to set a standard for their own marketplace, which seems perfectly reasonable (assuming they are not identified as a monopoly across the marketplace).  Personally, I've avoided those sellers on Amazon because I know I don't get the same level of service I expect from Amazon (fantastic), so now they'll see more business from me."}
{"_id": "33840", "title": "", "text": "\"&gt;[...] but after actually typing my name \"\"Amy Hoy\"\" you still refer to me as a \"\"he\"\"? Amy is a girl's name and my picture is obviously of a woman.   I dropped an \"\"s\"\", yo.  Chill the fuck out.    You'll notice throughout I pretty consistently referred to you as \"\"she\"\" or by name if you really put any attention into what I wrote.    Remember my comment about melodrama?  This is a great example.  You assumed I'm an idiot, rather than that \"\"he\"\" once or twice is a typo when there's a helluva lot more \"\"she\"\"s in there.    Also, why are you rebutting someone who's agreeing with you?  It feels pretty douche-y, and looks like you didn't bother to read what they wrote.    &gt;The culture I'm complaining about is everywhere, not just in b-school.  It's pretty clear in my post that I was bringing a personal example, not making a normative statement.    It's also pretty clear that I in no way buy into Startup Culture, and was criticizing a larger cultural problem than just what I experienced in my schooling.  I did you the courtesy of reading what you wrote before critiquing it, please do me the same.\""}
{"_id": "33850", "title": "", "text": "I agree with your title, but am confused with your comment.  I am bullish on Gold in the long run.  I believe that current market fundamentals are poitning towards a longterm bullish trend on Gold.  These fundamentals are:  1. a weak USD.   Although the USD has appreciated as of late, I believe this will be short lived and reversed as soon as the situation in Europe relieves itself.  Once this happens, i forsee net outflows in the USD causing it to revert back to its long term deprciated trend, evidented by its performance (in real terms) over the past decade.  2.QE3 Similar to the above post, once the printing presses are turned back on, we will see all risk assets take off, a depreciation in the USD and of course a rise in the price of bullion  3.negative real rates As long as rates stay low (which they will for a while) Gold will have a cushion and will only push higher, given its historical negative correlation with this economic indicator.  4.Central Bank Buying If central banks are buying...I want in!"}
{"_id": "33868", "title": "", "text": "\"Talk about some serious hardcore overreaction. I merely made a comment on how Uganda should want to be more like Spain, not less. You argued with me. Then I cited development status. That was obviously what I meant.  You're spewing nonsense.  &gt;coming in here to discuss how a third world country is generally less well off than a member of the EU and a first world country and you're going to quote the HDI. In other news the sky is blue, water is wet, the snosberries taste like snosberries and you're wasting my time and yours.  Wait, I didn't want to \"\"discuss\"\" it. I made a comment with an obvious meaning, **you challenged it**, so I had to bring in facts.  Now you're going completely mental on me and deleting all your comments. Not sure what kind of strategy that is, but have fun.  PS: I have no idea what \"\"flame baiting\"\" is supposed to be, but that is not the first bizarre accusation you're making here, so I'll ignore it.\""}
{"_id": "33883", "title": "", "text": "TL;DR: Income is how much you make, net worth is the value of all your assets: cash, real estate, stocks, etc.  With the case of Buffett: Berkshire Hathaway's - Buffett's company - market capitalisation is ~$460 Billion. Buffett controls 18% of shares. $460B x 18%: ~$80 Billion.  So we can estimate that a large part of his net worth is tied up in BH stock (obviously this isn't perfect either as there are other factors at play here).  BUT this is only on paper. Ie yes he's worth that, but he doesn't really have $80 Billion somewhere in a bank. He gets the money to live from other personal investments and business means."}
{"_id": "33907", "title": "", "text": "\"He is actually arguing for higher taxes.  When he talks about \"\"competitive\"\" taxes, he means that US taxes are too low, which is why we can't fix our infrastructure, and why we are failing to make other investments that corporations depend on for growth (like research and standards development).  http://money.cnn.com/2015/09/20/investing/jamie-dimon-higher-taxes-meet-the-press/index.html\""}
{"_id": "33912", "title": "", "text": "There isn't any place you can put $300 and turn it into significant passive income. What you need to do instead is manage the active (work) income that you have so that your money goes farther, freeing income up for reducing debt and investing.  Investing $300 one time won't add up to much, but investing $100 a month will turn into wealth over time. Making a monthly budget is the key to managing your income.  In the process, you'll find out where your income is going, and you can be intentional about how much you want to spend on different things in your life.  You can allocate some of your income to paying down debt and investing, which is what you need to do to get ahead. For some general guidelines on what to do with your money first, read this question: Oversimplify it for me: the correct order of investing.  For more specifics on creating a budget, eliminating debt, and building wealth, I recommend the book The Total Money Makeover by Dave Ramsey."}
{"_id": "33914", "title": "", "text": "As you suspected, there is more than just car replacement taken care of by insurance (some of them are pointed out in Chad's story:"}
{"_id": "33949", "title": "", "text": "Started as pt at a grocery store. Will never get used to throwing all that good meat out. Still has 2 days but there's fresher stock in back. It seems having bold and full shelves is the reason. They throw out food to have that clean magazine photo look of a store."}
{"_id": "33975", "title": "", "text": "I can't help but appreciate the supreme irony in this particular line  &gt;Following a populist wave in countries around the world, investors are now betting the banks are poised to benefit from less stringent regulations and, in the U.S., an improved economic environment.  Because if there's one thing we know for sure, it's that the people voting for populist demagogues are super in favor of deregulating (((wall street)))"}
{"_id": "33987", "title": "", "text": "\"Assuming I don't need any other new lines of credit, can I get pre-qualified repeatedly (and with different banks) with impunity? Yes, but only for a limited period. FICO says: Hard inquiries are inquiries where a potential lender is reviewing your credit because you've applied for credit with them. These include credit checks when you've applied for an auto loan, mortgage or credit card. Each of these types of credit checks count as a single inquiry. One exception occurs when you are \"\"rate shopping\"\". That's a smart thing to do, and your FICO score considers all inquiries within a 45 period for a mortgage, an auto loan or a student loan as a single inquiry. However for your situation, since you won't be getting a loan for several months, getting inquiries more than 45 days apart will each count as a separate inquiry.\""}
{"_id": "33990", "title": "", "text": "\"I don't know that this can actually be answered objectively.  Maybe it can with some serious research.  (Read: data on what the issuers have been doing since the law went into affect.) Personally, I think the weak economy and general problems with easy credit are a bigger issue than the new rules.  Supposedly, there is evidence that card issuers are trying to make up for the lost income due to the new regulations with higher fees.  I believe that your credit rating and history with the issuer is a larger factor now.  In other words, they may be less likely to lower your rate just to keep you as a customer or to attract new customers. According to The Motley Fool, issuers dropped their riskiest customers as a result of the new regulations. Some say that new laws simply motivated the issuers to find new ways to \"\"gouge\"\" their customers. Here are two NYTimes blog posts about the act: http://bucks.blogs.nytimes.com/2010/02/22/what-the-credit-card-act-means-for-you/ http://bucks.blogs.nytimes.com/2010/07/22/the-effects-of-the-credit-card-act/ As JohnFx states, it does not hurt to ask.\""}
{"_id": "33992", "title": "", "text": "I like this idea. The limiting factor of renewables and EV's is mainly in storage capabilities. It's easy to make a Tesla go 400 miles on a single charge but the weight requirement isn't. We need smaller size, longer life, and greater storage. And today's environment provides a profit incentive to pursue these goals."}
{"_id": "34004", "title": "", "text": "That's the kind of joke a dad says to his adult son about his mom or a group of guys says on a golf course. In a public forum, to a female board member, while Uber is in a shitstorm of bad PR especially about potential sexual discrimination of their employers AND drivers, yeah.  I don't think the joke it particularly offensive, but Uber is in damage control mode and that was really poor timing. And I think we all agree timing is very important in comedy."}
{"_id": "34035", "title": "", "text": "\"None of these plans work on a national scale. Taking care of the sick is great, but let's not pretend that making me pay for other people's healthcare is going to save me money.   Since most people are of a average health, and the sickest are exponentially more expensive to care for... A system where \"\"everyone is in\"\" must necessarily cost more for the average person... because they are the people paying to take care of the sickest. The only people who save are the sickest in the country.  This is all about who pays, not how much is paid.  If we want to fix health care costs, it will be by regulating health care.  Regulating health insurance makes sure that the health care providers get paid - which only causes them to charge more (knowing they'll get paid).  We should focus on making a marketplace for care - not insurace. Require prices be posted. Treatment success statistics. Stop requiring prescriptions for basic stuff like birth control... Eliminate other protectionisms like prescriptions for contacts and dinstance glasses (Rx needed for nearsightedness but not for farsightedness... Because most are nearsighted and that generates the business... Gets folks into opticians and then increases the cost of glasses.) IDK exactly what, but at least try to foster competition on price in the provider side.\""}
{"_id": "34036", "title": "", "text": "There are two or three things you have to mind when dealing with tile flooring tampa, the most significant is choosing the best supplier and choosing quality items at moderate expenses. There are many shops that utilization incredible overlay, wood and made floor materials, however at expanded expenses."}
{"_id": "34038", "title": "", "text": "The JPM note is more market related content anyway. The WF product is really solid. I get a ton of paid for macro research that's on par with the WF stuff. I like it because the WF work covers pretty much everything.  The other thing I would suggest is getting on the distribution list for ISM. Its easy, just send them an email. The contact info is on the bottom of their releases. There's probably a few more distribution lists you can get on. It is good to build up a good macro stream to your personal email address."}
{"_id": "34043", "title": "", "text": "Very generally speaking if you have a loan, in which something is used as collateral, the leader will likely require you to insure that collateral.   In your case that would be a car.  Yes certainly a lender will require you to insure the vehicle that they finance (Toyota or otherwise).  Of course, if you purchase a vehicle for cash (which is advisable anyway), then the insurance option is somewhat yours. Some states may require that a certain amount of coverage is carried on a registered vehicle.  However, you may be able to drop the collision, rental car, and other options from your policy saving you some money. So you buy a new car for cash ($25K or so) and store the thing.  What happens if the car suffers damage during storage?  Are you willing to save a few dollars to have the loss of an asset?  You will have to insure the thing in some way and I bet if you buy the proper policy the amount save will be very minimal. Sure you could drop the road side assistance, rental car, and some other options, during your storage time but that probably will not amount to a lot of money."}
{"_id": "34056", "title": "", "text": "Welcome to Kirk Kleckner, Our company provides the best valuation services in the United States, Such as automotive valuation, business valuation, and dealership valuation.  If you required the valuation services, then you can come to our office. And We will do our best business valuation services in our own way. Automotive dealer valuation businesses require understanding and analysis of a variety of complex factors including detailed. And technical knowledge of dealership valuation firm and in-depth industry knowledge."}
{"_id": "34080", "title": "", "text": "Yes, it would be incorrect to refer to BATS Chi-X Europe as a market maker. Market makers make markets on BATS Chi-X Europe, which is a stock exchange."}
{"_id": "34086", "title": "", "text": "Often it happens that homeowners want to be as close as possible to the nature during evening and nights, but the sense of insecurity of the property stops them from doing so. Well, the good news is that now they can enjoy the nature right inside their room without worrying about the safety because security doors Sydney are there to rescue you."}
{"_id": "34087", "title": "", "text": "If it is a sole proprietorship and  you didn't make another mistake by explicitly asking the IRS to treat it as a corporation - there are no IRS forms to fill. You'll need to dissolve the LLC with your State, though, check the State's department of State/Corporations (depending on the State, the names of the departments dealing with business entities vary)."}
{"_id": "34099", "title": "", "text": "Since there's no taxable income (inheritance is not taxed to you), you do not need to amend. The executor used the correct form. Note, I'm not a tax adviser or a licensed professional. For a tax advice advice contact a CPA/EA licensed in your state."}
{"_id": "34108", "title": "", "text": "They don't make any money off of you personally. They make money off of the merchants per transaction when you use the card.  You trigger this fee to the credit card issuer, but it doesn't come out of your pocket.  (Or it shouldn't; merchants aren't allowed to pass this fee on to you.) They keep you around because you may at some point become less responsible than you already are, and it would be quite costly to get you back (a couple hundred dollars is the cost of acquiring a new credit card customer). People who are less responsible than you subsidize your free float and your rewards (if any) but the new CARD act makes it more difficult for people to use their cards irresponsibly, so these perks that you enjoy will get less perky with time."}
{"_id": "34111", "title": "", "text": "http://www.ColeGolf.ie            How to break 90                     Golf is a lifelong pursuit that will always challenge, may entertain, and will almost certainly frustrate at times.  For most players, golf scores similar to those consistently seen from our favorite pros may be unattainable.  A more reasonable goal for most is to find a way first to routinely break 90, but how do you get there?  A few regular adjustments will provide the best opportunities to do so. Pre shot routine: Every golfer needs a pre shot routine that happens every time you approach the ball. For example, during practice always visualize a target; plan your shot and try to see the outcome. Take one or two practice swings to get a feel for the stroke before you step to the ball. The key to this is consistency, if it happens every time you can begin to take the guesswork out of your game Golf.   Practice more than you play: Don\u2019t try to fix your mistakes on the back nine. When you are on the course you shouldn\u2019t be thinking about how to correct your stroke, grip, stance etc. In fact, if you\u2019ve done the work off the course, you shouldn\u2019t have to think about much at all; trust your muscle memory to do what you have practiced.  Practice the minimum: To perfect any physical skill, it is important to focus on the smallest amount of information possible at one time. You cannot simultaneously pay attention to the plane of your stroke while thinking about the weight on your left foot and refining your grip. Try to pick one small thing to focus on at one time and work it into your muscle memory. Practicing the minimum will allow you to stop thinking about each factor of the game while on the course. Again, the goal of this process is to make your motions automatic, effortless and fluid.  Care less:  It may seem counterintuitive but when you step onto the golf course, the more invested you are in each shot, the less you can rely on the hard work you have put into your game during practice. Do the work on the driving range so that you don\u2019t need to worry about it when you need it.  http://www.ColeGolf.ie"}
{"_id": "34139", "title": "", "text": "Capital gains and losses offset each other first, then your net gain is taxed at the applicable rate. If you have a net loss, you can offset your other income by up to $3,000. In your example, you have no net-gain or loss, so no tax implications from your activity."}
{"_id": "34147", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://thehill.com/blogs/blog-briefing-room/356365-winston-churchills-grandson-calls-trump-a-daft-twerp) reduced by 61%. (I'm a bot) ***** &gt; Winston Churchill&amp;#039;s grandson called President Trump a &amp;quot;Daft twerp&amp;quot; on Twitter, criticizing the president for his comments connecting the U.K.&amp;#039;s rise in crime to &amp;quot;Radical Islamic terror.\"\"  &gt; Nicholas Soames, Churchill&amp;#039;s grandson and a member of parliament affiliated with the Conservative party, replied to Trump&amp;#039;s tweet in which the president cited new U.K. crime statistics and wrote that &amp;quot;We must keep America safe.\"\"  &gt; Trump has drawn ire in the past for his comments on crime and terrorism in the U.K., criticizing London Mayor Sadiq Khan&amp;#039;s response to terror attacks in the city earlier this year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77ojp3/winston_churchills_grandson_calls_trump_a_daft/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231995 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **crime**^#1 **Trump**^#2 **U.K.**^#3 **rise**^#4 **terror**^#5\""}
{"_id": "34164", "title": "", "text": "\"Prop 13's benefit to \"\"the rich\"\" is incidental and, frankly, minimal.   Check out these maps that I grabbed from a title records.  I searched for data on single family homes that were purchased (ergo assessed value is based on) between 1900 and 1980.  Arbitrary, but it'll do for our purposes.  I'd speculate that if I were to have picked 1970 or earlier the number of homes that are assessed at far below market value is negligible relative to the tax base as a whole.    Here's Coronado Island: http://imgur.com/572yTZI  The peninsula in Newport Beach: http://imgur.com/dFMcrZ1  The San Francisco Bay Area: http://imgur.com/a/NMZz0  And a zoomed in area of the Bay: http://imgur.com/a/NMZz0  If a parcel is outlined in green, it's assessed based on a purchase date prior to 1980.  Outlined in white means after 1980.  In my eyes, the big takeaway is that the number of homes which were purchased prior to 1980 is minimal.  Even in the Bay Area, where the zoomed out view suggests that there's a lot of those homes, when you zoom in and realize how densely populated the area is, not very many homes are assessed on outdated values.  (For example, on the Coronado map, the number of homes purchased pre-1980 was 47.  Pre-1990 was 179.  The search shows a total of 2,859 single family residences in the map area.)    You can argue that it's a dumb tax policy, but as social policy, I don't have an issue with it and I'd still contend it's largely negligible.  It's a battle that doesn't matter.  A skirmish when compared to 1031 Exchanges, basis step ups, the massive decline in personal income taxes for the upper brackets, etc.    Our tax policy as a whole is skewed and becoming more regressive (or, to the GOP, fair) all the time.    Not entirely unrelated, but I did some research and played with some numbers about income taxes because it's something that interests me.    Using this link: https://taxfoundation.org/us-federal-individual-income-tax-rates-history-1913-2013-nominal-and-inflation-adjusted-brackets/ you can see that $10,000 income in 1950 (which is about $100,000 in 2016 dollars) was taxed (I'm using married filing separately throughout):   20% on the first $2,000 22% from $2,000 to $4,000 26% from $4,000 to $6,000 30% from $6,000 to $8,000 34% from $8,000 to $10,000  The highest marginal tax rate was 91%, which applied to all income over $200,000 (just over $2,000,000 in 2016 dollars).   Median household income in 1950 was $3,216.  So the median american paid a maximum marginal tax of $22%.  If you do the math, our median household pays 20.8% of its income in taxes versus 26.4% for the $10,000 income household.    Fast forward to 1970, where our $10,000 CPI adjusts to $15,975 and median household income is now $6,186:   14% on first $500 15% from $500 to $1,000 16% from $1,000 to $1,500 17% from $1,500 to $2,000 19% from $2,000 to $4,000 22% from $4,000 to $6,000 25% from $6,000 to $8,000  The highest marginal tax rate has dropped 23% to 70% from 91% and our median American is paying a maximum marginal tax rate of 25%.    Skip forward to 2010, where our $10,000 CPI adjusts to $91,504 and median household income is now $49,445.    10% on the first $8,375 15% from $8,375 to $34,000 24% from $34,000 to $82,400 28% from $82,400 to $171,850 33% from $171,850 to $373,650 35% above that  The highest marginal tax rate has dropped another 50% from 70% to 35% and a total of 62% from the 1950 rate.    Of course, this is all skewed because the more income you make the better able you are to shelter income from taxes.  A family making median income is unlikely to be able to take significant advantage of tax shelters.\""}
{"_id": "34233", "title": "", "text": "There are bullion dealers who will buy gold no matter its form. You won't get the spot price as it's probably being bought same as junk jewelry or any other gold needing to be melted and recast. If this is your concern, you should buy a fireproof safe, the kind people use to store their important documents, and add the gold value to home insurance policy. Do not get a safe deposit box at the bank, see mbhunter's comment and link."}
{"_id": "34239", "title": "", "text": "In my experience, Yelp reviews have accurately represented the quality of the establishment reviewed and have been right in line with my tastes and expectations. I find Google reviews perform comparatively worse. So far Yelp is the best tool I can find for quickly making decisions about where to spend my money."}
{"_id": "34241", "title": "", "text": "\"It's a trade-off. The answer depends on your risk tolerance. Seeking higher rewards demands higher risk. If you want advice, I would recommend hiring an expert to design a plan which meets your needs. As a sample point, NOT necessarily right for anyone else...I'm considered an aggressive investor, and my own spread is still more conservative than many folks. I'm entirely in low-cost index funds, distributed as ... with the money tied up in a \"\"quiesced\"\" defined-contribution pension fund being treated as a low-yield bond. Some of these have beaten the indexes they're tracking, some haven't. My average yield since I started investing has been a bit over 10%/year (not including the company match on part of the 401k), which I consider Good Enough -- certainly good enough for something that requires near-zero attention from me. Past results are not a guarantee of future performance. This may be completely wrong for someone at a different point in their career and/or life and/or finances. I'm posting it only as an example, NOT a recommendation.  Regarding when to rebalance: Set some threshhold at which things have drifted too far from your preferred distribution (value of a fund being 5% off its target percentage in the mix is one rule I've sometimes used), and/or pick some reasonable (usually fairly low) frequency at which you'll actively rebalance (once a year, 4x/year, whenever you change your car's oil, something like that), and/or rebalance by selecting which funds you deposit additional money into whenever you're adding to the investments. Note that that last option avoids having to take capital gains, which is generally a good thing; you want as much of your profit to be long-term as possible, and to avoid triggering the \"\"wash sales\"\" rule. Generally, you do not have to rebalance very frequently unless you are doing something that I'd consider unreasonably risky, or unless you're managing such huge sums that a tiny fraction of a percent still adds up to real money.\""}
{"_id": "34246", "title": "", "text": "\"Figure out how much money you earn, what you spend it on, and how that will change when you have kids (will one of you stay at home? if not, how much will daycare cost and how do you finance the first few month when your child is still too young for daycare?) You will usually plan to spend your current Kaltmiete (rent without utilities) on your mortgage (the Darlehen that is secured by your house) - keep in mind though that a house usually has a higher utility cost than an appartment. When you've figured out what you can save/pay towards a house now and how that will change when you have kids, you can go on to the next step. If you don't want to buy now but want to commit to saving up for a house and also want to secure today's really low interest rates, consider getting a \"\"Bausparvertrag\"\".  I didn't find a good translation for Bausparvertrag, so here is a short example of how it works: You take a building saving sum (Bausparsumme) of 150000\u20ac with a savings goal (Sparziel) of 50000\u20ac (the savings goal is usually between 20% and 50% of the sum) and then you make monthly payments into the Bausparvertrag until you reach the savings goal at which point you can take out your savings and a loan of 100000 \u20ac (or whatever your difference between the Bausparsumme and Sparziel is). If you're living in an expenisve area, you're likely to need more than 150000 but this is just an example. Upsides: Downsides: If you decide to buy sooner, you can also use your Bausparvertrag to refinance later. If you have a decent income and a permanent job, then ask your bank if they would consider financing your house now. To get a sense of what you'll be able to afford, google \"\"wie viel Haus kann ich mir leisten\"\" and use a few of the many online calculators. Remember that these websites want to sell you on the idea of buying a house instead of paying rent, so they'll usually overestimate the raise in rents - repeat the calculation with rent raise set to 0% to get a feeling for how much you'll be able to afford in today's money. Also, don't forget that you're planning to get children, so do the calculation with only one income, not two, and add the cost of raising the kids to your calculation. Once you've decided on a property, shop around a bit at different banks to get the best financing. If you decide to buy now (or soon), start looking at houses now - go to model homes (Musterh\u00e4user) to find out what style of house you like - this is useful whether you want to buy an existing house or build a new one. If buying an existing house is an option for you, start visiting houses that are on sale in your area in order to practice what to ask and what to look for. You should have a couple of visits under your belt before you really start looking for the one you want to buy. Once you're getting closer to buying or making a contract with a construction company, consider getting an expert \"\"Bausachverst\u00e4ndiger\"\". When buying an existing house they can help you estimate the price and also estimate the renovation cost you'll have to factor in for a certain house (new heating, better insulation, ...). When building a new house they can advise you on the contract with the construction company and also examine the construction company's work at each major step (Zwischenabnahme). Source: Own experience.\""}
{"_id": "34269", "title": "", "text": "Non-qualified stock options are like regular incentive stock options but without the preferential treatments that ISOs get: Companies like to give NQSOs because they can claim a tax deduction (i.e. a loss) for that difference between exercise price and market price (that you have to report as income)."}
{"_id": "34275", "title": "", "text": "Even if you expect to work you might not be able to due to health reasons or economic factors that make it difficult to obtain employment, so it's good to have a safety-net. A pension scheme, especially if it's tax-advantaged or there's a company-match, can be a useful savings scheme.  So even if you're still working when you reach normal retirement age, it provides you with a handy pot of money you can use for travel, recreation, or whatever. As others have mentioned, the pension might benefit other family members such as a spouse or children. You might change your mind about working until you drop. With NHS cuts and austerity you might need the money to supplement whatever care benefits you're entitled to when you do fall ill in your old age."}
{"_id": "34302", "title": "", "text": "This depends on the jurisdiction, but such companies are typically subject to regulations (and audits) that require them to keep the customers' accumulated premiums very strictly separated from the company's own assets, liabilities and expenses. Additionally, they are typically only allowed to invest the capital in very safe things like government bonds. So, unless something truly catastrophic happens (like the US government defaulting on its bonds) or people in the company break the regulations (which would invovle all kinds of serious crimes and require complicity or complete failure of the auditors), your premiums and the contractual obligation to you would still be there, and would be absorbed by a different insurance company that takes over the defunct company's business.  Realistically, what all this means is that insurance companies never go bankrupt; if they do badly, they are typically bought up by a competitor long before things get that bad."}
{"_id": "34306", "title": "", "text": "Banks make mistakes.  Reconciling your account with your bank statement is the way to catch the errors."}
{"_id": "34308", "title": "", "text": "\"As others have pointed out, you can't just pick a favorable number and rent for that amount. If you want to rent out your house, you must rent it for a value that a renter would agree to.  For example there is a house on my street that has been looking for renters for 3 years. They want $2,500 a month. This covers their mortgage, and a little bit more for taxes and repairs. It has never been rented once. Other homes in my neighborhood rent for around $1,000 a month. There is no value to a renter in renting a house that is $1,500 more then a similar house 2 doors down. Now what you can look at is cost mitigation. So I am using data from my area. Houses in my part of Florida must have A/C running in the wet months to keep the moisture from ruining the house. This can easily be $100 a month (usually more). The city requires you to have water service, even when not occupied, though the cost is very small. Same with waste, which is a flat fee: $20 a month. Yard watering is a must during the dry months (if you want to keep grass). Let's say that comes out to $50 a month, year round. Pest control is a must, especially if your house has wooden parts (like floors or a roof). Even modest pest control is $25 a month. Property taxes around $240 a month. Let's say your mortgage is around $1,000 a month. That means to sit empty your house would cost $1,435. Now if you were to rent the house, a lot of those costs could \"\"go away\"\" by becoming the tenants' responsibility. Your cost of the house sitting full would be $1,240. Let's pad that with 10% for repairs and go with $1,364. Now let's assume you can rent for $1,000 a month. Keep in mind all these rates are about right for my area but will change based on size and amenities.  Your choices are let the house sit empty for $1,435 a month or fill it and only \"\"lose\"\" $240 a month. Keep in mind that in both cases you will be gaining equity.  So what a lot of people do around here is rent out their houses and pay the $240 as an investment. For every $240 they pay, they get $1,000 in equity (well, interest and fees aside, but you get the point). It's not a money maker for them right now, but as they get older two things happen. That $240 a month \"\"payment\"\" pays off their mortgage, so they end up owning the house outright. Then that $240 a month payment turns to extra income. And at some point, their rental can be sold for (let's guess) $400,000. SO they paid $86,400 and got back $400,000. All the while they are building equity in their rental and in the home they are living in.  The important take away from this, is that it's not a source of income for the landlord as much as it is an investment. You will likely not be able to rent a house for more then a mortgage + costs + taxes, but it does make a good investment vehicle.\""}
{"_id": "34318", "title": "", "text": "Any retail equity brokerage will give you access to the NYSE, and thus Facebook shares as they become available.  However, it is important to note that you nor any retail investor will be able to purchase FB at the IPO prices ($33-38 IIRC).  The only people who will be able to buy in at that price are the underwriting investment banks and major investors who have subscribed to the IPO.  You, and all the other retail investors will only be able to buy in as those major investors offer shares on the secondary market.   This being Facebook, there will probably be a significant premium over the IPO price, both due to demand and systemic underpricing of IPOs to encourage the opening 'pop'.   So, if you're intent on buying in at the IPO, pay close attention as the date approaches.  Look at how the recent big IPOs have performed (GRPN, LNKD come to mind).  Know how much you're willing to commit and what price you want.  However, no one is going to know what the opening market price will be come Friday morning.  Be watching your financial data source / analysis of choice and be prepared to make a judgement."}
{"_id": "34325", "title": "", "text": "What does it being made by a robot have anything to do with organic or free range food? Computers don't care, but they will continue to pump out a consistent product, organic or not.   Ask yourself, do you want some edgy teen who might have soiled your food because they thought it was funny to make your lunch in the era of automation?"}
{"_id": "34338", "title": "", "text": "\"If you live outside the US, then you probably need to deal with foreign tax credits, foreign income exclusions, FBAR forms (you probably have bank account balances enough for the 10K threshold) , various monsters the Congress enacted against you like form 8939 (if you have enough banking and investment accounts), form 3520 (if you have a IRA-like local pension), form 5471 (if you have a stake in a foreign business), form 8833 (if you have treaty claims) etc ect - that's just what I had the pleasure of coming across, there's more. TurboTax/H&R Block At Home/etc/etc are not for you. These programs are developed for a \"\"mainstream\"\" American citizen and resident who has nothing, or practically nothing, abroad. They may support the FBAR/FATCA forms (IIRC H&R Block has a problem with Fatca, didn't check if they fixed it for 2013. Heard reports that TurboTax support is not perfect as well), but nothing more than that. If you know the stuff well enough to fill the forms manually - go for it (I'm not sure they even provide all these forms in the software though). Now, specifically to your questions: Turbo tax doesn't seem to like the fact that my wife is a foreigner   and doesn't have a social security number. It keeps bugging me to   input a valid Ssn for her. I input all zeros for now. Not sure what to   do. No, you cannot do that. You need to think whether you even want to include your wife in the return. Does she have income? Do you want to pay US taxes on her income? If she's not a US citizen/green card holder, why would you want that? Consider it again. If you decide to include here after all - you have to get an ITIN for her (instead of SSN). If you hire a professional to do your taxes, that professional will also guide you through the ITIN process. Turbo tax forces me to fill out a 29something form that establishes   bonafide residency. Is this really necessary? Again in here it bugs me   about wife's Ssn Form 2555 probably. Yes, it is, and yes, you have to have a ITIN for your wife if she's included. My previous state is California, and for my present state I input   Foreign. When I get to the state tax portion turbo doesn't seem to   realize that I have input foreign and it wants me to choose a valid   state. However I think my first question is do i have to file a   California tax now that I am not it's resident anymore? I do not have   any assets in California. No house, no phone bill etc If you're not a resident in California, then why would you file? But you might be a partial resident, if you lived in CA part of the year. If so, you need to file 540NR for the part of the year you were a resident. If you have a better way to file tax based on this situation could you   please share with me? As I said - hire a professional, preferably one that practices in your country of residence and knows the provisions of that country's tax treaty with the US. You can also hire a professional in the US, but get a good one, that specializes on expats.\""}
{"_id": "34344", "title": "", "text": "\"I love how Japan faces how freaking depressing life can be for men in certain respects head-on.  You can cuddle with a girl, if you're willing to pay.  You can talk to a girl, if you're willing to pay.  It's not that life is much different in the US, but the notion that this would be acceptable at all is non-existent.  Still, there seriously needs to be a \"\"make your life not suck\"\" class or something.  I'd way rather talk to a girl who was actually interested than one who I had to pay just to talk to me (this is at a \"\"girl bar\"\", a bar where you pay girls to talk to you).\""}
{"_id": "34358", "title": "", "text": "Here is what happened: The company delivered a mattress, so you owed them $600. They used a credit card company to get the payment from you, so your money went to the credit card company, which passed it on to the mattress company, and you didn't owe anything for the mattress anymore. The company should have refunded a small amount, and should have asked the credit card company to refund a small amount, say $20 (just guessing so we have a number). The credit card company instead refunded $600.  That money is yours. What happened there is just between you and your credit card company. However, since the mattress company now hasn't received any money from you, you still owe the mattress company $580, and they can ask you for that money for quite a long time, once they get their act together. Probably two or three years."}
{"_id": "34366", "title": "", "text": "I think a labor management issue explains the high cost of popcorn. Some weeks theaters are loaded with patrons and other weeks there are many fewer patrons. If popcorn were priced so that most patrons bought some the theater manager would have to have lots of employees to sell popcorn on the really busy days. The manager would have to cover the cost of wages on the slow days. A simple solution would be to adjust employee hours. To a certain extent I suspect this is done. If you look at the situation from the standpoint of the employee being sent home early or being told not to work tomorrow or, perhaps for the next week because the theater has a bunch of bombs, is not a good situation. A job in popcorn sales is probably not a high paying job so the employees may just quit and they may do this, not by giving notice, but rather by not showing up for a scheduled shift. The result of this is that managers determine the maximum number of employees they can hire if there theater has low drawing movies and they set the price of popcorn so that when the theater is filled this number of employees will not be overwhelmed by patron buying popcorn. At least not to the extent that the start of the movie has to be delayed."}
{"_id": "34388", "title": "", "text": "Inefficiency is about time spent producing.  If money funnels towards producing rather than (example) gambling, even if producing costs more the money is removed from gambling economy to producing economy.  And if people increase production and speed due to better pay, it's more efficient.    It's never that simple, but it's an important point."}
{"_id": "34389", "title": "", "text": "\"Consider the \"\"opportunity cost\"\" of the extra repayment on a 15 year loan.  If you owe money at 30% p.a. and money at 4% p.a. then it is a no brainer that the 30% loan gets paid down first. Consider too that if the mortgage is not tax deductable and you pay income tax, that you do not pay tax on money you \"\"save\"\". (i.e. in the extreme $1 saved is $2 earned). Forward thinking is key, if you are paying for someone's college now, then you would want to pay out of an education plan for which contributions are tax deductable, money in, money out. In my country most mortgages, be they 15,25,30 years tend to last 6-8 years for the lender. People move or flip or re-finance.  I would take the 15 for the interest rate but only if I could sustain the payments without hardship. Maybe a more modest home ?   If you cannot afford the higher repayments you are probably sailing a bit close to the wind anyway.   Another thing to consider is that tax benefits can be altered with the stroke of a pen, but you may still have to meet repayments.\""}
{"_id": "34395", "title": "", "text": "Don't borrow from your future to live in the present."}
{"_id": "34432", "title": "", "text": "\"There is no \"\"golden rule\"\" on how high of a credit limit an individual should have. There are 22 year olds that have $100,000 credit limits and 40 year olds that have $1000. The most important thing is to not over spend and pay your balance(s) in full every month. Seeing as you are doing that now, there is no downside to getting an increase.\""}
{"_id": "34437", "title": "", "text": "\"What littleadv said is correct.  His worth is based on the presumed worth of the total company value (which is much greater than all investment dollars combined because of valuation growth)*. In other words, his \"\"worth\"\" is based on the potential return for his share of ownership at a rate based on the latest valuation of the company. He is worth $17.5 billion today, but the total funding for Facebook is only $2.4 billion? I don't understand this. In private companies, valuations typically come from either speculation/analysts or from investments.  Investment valuations are the better gauge, because actual money traded hands for a percentage ownership. However, just as with public companies on the stock market, there are (at least) two caveats. Just because someone else sold their shares at a given rate, doesn't mean that rate... In both cases, it's possible the value may be much lower or much higher.  Some high-value purchases surprise for how high they are, such as Microsoft's acquisition of Skype for $8.5 billion. The formula for one owner's \"\"worth\"\" based on a given acquisition is: Valuation = Acquisition amount / Acquisition percent Worth = Owner's percent \u00d7 Valuation According to Wikipedia Zuckerberg owns 24%.  In January, Goldman Sach's invested $500 million at a $50 billion valuation. That is the latest investment and puts Zuckerberg's worth at $12 billion. However, some speculation places a Facebook IPO at a much higher valuation, such as as $100 billion.  I don't know what your reference is for $17 billion, but it puts their valuation at $70.8 billion, between the January Goldman valuation and current IPO speculation. * For instance, Eduardo Saverin originally invested $10,000, which, at his estimated 5% ownership, would now be worth $3-5 billion.\""}
{"_id": "34443", "title": "", "text": "Did you account for college? That's 40k per year in tuition alone. Also I'm not sure you accounted that the number included income forgone, as in if they weren't taking care of the kids they could've been earning more money. The article says the cost to *parents* is 900,000 per kid, but that doesn't mean the parents are actually spending 900,000 per kid.   Lots of other things to account for...a couple w/o kids doesn't need to get a 4-bedroom house for example. Does your co-worker own a house? Did you account for the cost of ownership?"}
{"_id": "34445", "title": "", "text": "They have to follow the same rules as taxis because they *are* taxis. Sure, change the taxi laws. I know several cab companies that would love to fluctuate their fares based on time of day. Oh, it's 2am and you want a ride home? Sure, that'll be $10/mi, payment up front.  The big complaint here isn't the competition, that's fine. It's the fact that they aren't following the same regulations, i.e. breaking the law, where the cab companies still have to obey the law. It's not a level playing field. The cab companies in my area have told the city if they don't kick Uber and Lyft out they're going to stop paying their licensing fees, and that's about $2m ever year."}
{"_id": "34451", "title": "", "text": "\"&gt;ignores over a decade of rigorous testing because it doesn't support your narrative.  FAULTY TESTING. How fucking hard is it for you to get that point through your thick head? The testing is irrelevant because it's possible to get past it. It was not rigorous at all because again, it couldn't test for everything, the drug Armstrong used being one of them.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.      Do you finally understand why saying \"\"He passed all the tests\"\" is useless? If he did have positive tests then that would be evidence of guilt, saying there is no positive test is not evidence of innocence, just absence of the evidence of guilt. It would be evidence of innocence if it was absolutely impossible for him to beat the test, but he can beat the test.  Get that through your thick fucking head.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  IT IS POSSIBLE TO BEAT THE TEST.  It is just fucking mind blowingly retarded of you to continually push the fact that he passed the tests as fact he isn't doping when I have repeatedly told you that the was able to beat the test, and it has been outlined how he did it. So yes you are like a creationist in the sense that you ignore the evidence, said evidence being information on how it is possible for someone to beat the test, and yet you still say \"\"He passed the test\"\"  Saying he passed the tests which couldn't check for the drug he was on and therefore he is innocent is like saying \"\"We used a shitty camera to check for microscopic gun shot residue on the murder suspect, the shitty camera couldn't detect any gunshot residue therefore he has no gunshot residue on him and therefore he isn't the murder suspect\"\"  Fucking idiot.  I really do think you're a troll at this point because the fact that he was able to beat the tests is the basic core of the argument against your claims of \"\"His tests are all clean!\"\" and you still don't seem to understand that.\""}
{"_id": "34458", "title": "", "text": "This is not correct information. The plan sponsor is the fiduciary and potentially any advisor or consultant. The recordkeeper or even the custodian of the assets is a directed trustee, and follows the instructions provided by the plan sponsor. Fidelity or whatever recordkeeper is being used is not in the business of determining if company stock is a prudent investment in the plan. That, again is the job of the plan sponsor and the plans investment committee and possibly an advisor.  The plan sponsor in this case is most certainly eliminating the stock as an option in the plan to pre-empt a stock loss lawsuit brought on by plan participants or plantiffs attorneys."}
{"_id": "34467", "title": "", "text": "You could just commingle your funds.  That way, she also learns how to keep track of things and how to figure things out, rather just learning to have the guy at the brokerage hand her an account statement which she blindly accepts. It might cause some tax problems though if the money grows to be substantial."}
{"_id": "34480", "title": "", "text": "\"I suppose this could really depend on the part of the world you're in, but there are still many instances of \"\"emergencies\"\" that need \"\"cash\"\". You have to decide how much cash is the right amount, but I still recommend having $1,000 or so in liquid cash. It can really make a huge difference. Let me give a few examples.  Bad weather. I live in Florida and after a hurricane if you want gas, food, or water, you're going to need cash. ATM networks are the last to get repaired. Same for internet. Cell services are not at the top of the list. You could be 4-5 days without access to your accounts. If you need anything in that time frame it's cash or the Red Cross. Children. As a foster parent we keep some cash on hand because as kids come in to our care we want to get them in school right away. How are they going to eat? You can't give them your plastic, you haven't had time to setup \"\"lunch accounts\"\" or the like. Cash always works. Along those same lines are bus tickets, clothes, supplies and what not. Not everywhere will take an ATM card, and if your money is tied up in a stock then what are you supposed to do for 3 days? Tell your new kid that he can't eat? Big Emergency problems. Like your car breaks down on the interstate. Sure it can get towed to the dealership, and yes they will add the tow to your bill, and sure you have a few days to pay it (while your car gets fixed), but how are you going to get around? Not all taxis take plastic around here.  Almost none of the busses take plastic even though they are supposed to. Lost Wallet or ID theft. Lose your wallet, good luck getting into your bank accounts. It can take weeks to establish your ID after you lose it in some cases. You want your ID, but you need your birth certificate. You have to GO to the state of birth and request it. Oh but wait, to travel you need an ID. No problem send away for it, but wait, you need to send them money to mail it. To bad all your money is tied up.  Running or Evacuating - So you need to evacuate for some reason. No big deal. But all your money is in a place you can't get to it. How do you put gas in your car. Lets stick with it and say you get to \"\"cash out\"\" an account of some kind. Guess what, they're not going to mail it to some random address. Now you're stuck fighting support centers to get them to understand that you need your funds delivered to New York even though you live in Florida.  In short, you don't need $100,000 in liquid funds, but there are a few cases that you need something liquid. You also make a lot of assumptions. For example, not every one will have health insurance, or a heath problem that is covered by their insurance. Some serious home repairs are \"\"down payment\"\" upfront. Car problems like an accident that means you need a rental can totally be up front. Especially if credit cards can't be used.\""}
{"_id": "34481", "title": "", "text": "Because US regulators typically are focused on the prices consumers pay. If you're a monopoly and they drop, its ok.   That's why the DoJ went after Apple when it got into the ebook market instead of Amazon. Apple was raising prices instead of lowering them."}
{"_id": "34522", "title": "", "text": "\"HR is clueless.  Clueless, while I can tell in 2 seconds that Susan is an idiot based on  \"\"*Susan: There are a lot of things to consider with that. One school of thought says that when you put corporate assets into the cloud, they are more secure because you know exactly what you have there. You have an exact inventory, you know exactly who has access to that data, and how it is controlled.*\"\"\""}
{"_id": "34531", "title": "", "text": "&gt;We've already broken up with MS and moved on.  Yet Microsoft just finished another crazy profitable quarter.  If tech blogs were of any indication, Microsoft has been in a death spiral for the past 15 years, despite their financials constantly showing the opposite.  Their success in enterprise still more than makes up for all their mistakes in breaking into other markets."}
{"_id": "34537", "title": "", "text": "Windfalls can disappear in a heartbeat if you're not used to managing large amounts of money. That said, if you can read a bank statement and can exercise a modicum of self control over spending, you do not need a money manager. (See: Leonard Cohen)  First, spend $15 on J.L. Collins' book The Simple Path to Wealth.  https://www.goodreads.com/book/show/30646587-the-simple-path-to-wealth. Plan to spend about 4% of your wealth annually (4% of $1.2 million = $48,000) Bottom line: ALWAYS live within your means. Own your own home free and clear. Don't buy an annuity unless you have absolutely no self control. If it feels like you're spending money too fast, you almost certainly are."}
{"_id": "34538", "title": "", "text": "\"Some details in case you are interested: Being a defined benefit kind of pension plan, the formula for your Social Security benefits isn't tied directly to FICA contributions, and I'm not aware of any calculator that performs an ROI based on FICA contributions. Rather, how much you'll get in retirement is based on your average indexed monthly earnings.  Here's some information on the Social Security calculation from the Social Security Administration - Primary Insurance Amount (PIA): For an individual who first becomes eligible for old-age insurance   benefits or disability insurance benefits in 2013, or who dies in 2013   before becoming eligible for benefits, his/her PIA will be the sum of:       (a) 90 percent of the first $791 of his/her average indexed monthly earnings, plus       (b) 32 percent of his/her average indexed monthly earnings over $791 and through $4,768, plus       (c) 15 percent of his/her average indexed monthly earnings over $4,768. Here's an example.  Of course, to calculate a benefit in the future, you'll need to calculate projected average indexed monthly earnings; more details here.  You'll also need to make assumptions about what those bend points might be in the future.  The average wage indexing values for calculating the AIME are available from the Social Security Administration's site, but future indexing values will also need to be projected based on an assumption about their inflation.  You'll also need to project the Contribution and Benefit Base which limits the earnings used to calculate contributions and benefits. Also, the PIA calculation assumes benefits are taken at the normal retirement age.  Calculating an early or late retirement factor is required to adjust benefits for another age.  Then, whatever benefits you get will increase each year, because the benefit is increased based on annual changes in the cost of living. Performing the series of calculations by hand isn't my idea of fun, but implementing it as a spreadsheet (or a web page) and adding in some \"\"ROI based on FICA contributions\"\" calculations might be an interesting exercise if you are so inclined? For completeness sake, I'll mention that the SSA also provides source code for a Social Security Benefit Calculator.\""}
{"_id": "34543", "title": "", "text": "Yea there stock dropped big deal, their former CEO ken Lewis made a massive about of money during the sub prime era.  Not to mention the massive amount of money Anglo mazillo made at country wide which BOA took over.  When BOA foreclosed on people's homes they made even more money selling homes. when the ended mark to mark accounting in march of 09 they got bad assets off their balance sheet.  The stock price means crap, the price of a stock is what the public values u at, make no question they are and have been making money.  As far as ur communist reference u can go fuck yourself I work on the street I don't have time to search the web for the knowledge I've collected working in the industry."}
{"_id": "34550", "title": "", "text": "\"Their \"\"genius idea\"\" saved me more than 50 bucks last week when I bought a new ultra book and photoshop 6 student edition for my wife from Fry's Electronics and found out that Fry's would match their prices. Best Buy was cheaper than Fries, pigs must be flying somewhere..\""}
{"_id": "34579", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/08/11/business/dealbook/teamsters-union-tries-to-slow-self-driving-truck-push.html?ref=dealbook) reduced by 65%. (I'm a bot) ***** &gt; The union has persuaded United States lawmakers to exempt commercial trucks from a bill allowing more autonomous vehicles on the roads.  &gt; The bipartisan plan raises the cap on permitted vehicles that don&amp;#039;t have common features such as a steering wheel, or meet certain safety requirements, to 100,000 a year from the current limit of 2,500.The Teamsters successfully lobbied to exclude vehicles over 10,000 pounds.  &gt; It is seen as a precursor to autonomous trucks, and Arkansas, Tennessee and South Carolina are among the states considering such a move.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6two5r/teamsters_union_tries_to_slow_selfdriving_truck/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191527 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **truck**^#1 **vehicles**^#2 **States**^#3 **self-driving**^#4 **autonomous**^#5\""}
{"_id": "34609", "title": "", "text": "Some answers already informed about denomination. There are currencies, doing the cut off of two digits, for example the french franc. See http://en.wikipedia.org/wiki/French_franc#New_franc  When you look to old french movies, they often talked about 'old franc' when talking about values (at least in French original, I don't know what happens in English translations)."}
{"_id": "34622", "title": "", "text": "There is no simple way to convert an ISIN into a stock ticker symbol. The only way to even attempt to do so is to map the ISIN to a CUSIP or SEDOL or other national identifier and then map that identifier to a stock ticker symbol."}
{"_id": "34626", "title": "", "text": "\"I usually recommend along these lines.  If you are going to drive the same car for many years, then buy. Your almost always better to buy, and then drive a car for 10 years than to lease and replace it every 2 years. If you want a new car every two years then lease. You're usually better off leasing if you're going to replace the car before the auto loan is paid off or shortly there after. Also you can get \"\"more car\"\" for the same monthly money via leasing. I honestly would advise you to either buy out your lease, or buy a barely used car. Then drive it for as long as you can. Take the extra money you would spend and spend it on an awesome vacation or something.  Also, if you're only driving 15 miles a day, then get a cheap, but solid car. Again, just my advice.\""}
{"_id": "34639", "title": "", "text": "When did I ever mention the constitution? Ever considered that I'm not even American? So basing my arguments on your constitution wouldn't make sense to me.  Capitalism is barter. You don't neither need government enforcement nor centralized currencies. In fact that's what anarcho-capitalists always were speaking out against.  Capitalism does not require maintenance and there's this thing called private schools, loans and private security (I'm no ancap, I'm just saying...) And even you yourself did not dare to put healthcare in that list apparently.  Are you seriously going to base your arguments on a game that has a maximum of 12 pieces, a single branch of business and limited amounts of money? Go ahead, it's past midnight but even sleepy me realizes that that's a terrible idea."}
{"_id": "34667", "title": "", "text": "Like all many branches of the economy, they do cross over at points. Private stock value increases pushes up tax revenue which in turn contributes to easing of national debt. The level of economic ignorance in this thread is astounding."}
{"_id": "34670", "title": "", "text": "\"Since the last time savings account interest rates were meaningful banks have made relationships much \"\"stick-ier.\"\" By that I mean that the online services and all the auto-pay systems in place put up a significant barrier for people to leave their bank. This results in people no longer shopping their banking business around to the bank with the best account interest rates. So no cartel or other devious behavior from banks, but rather just customer apathy (as you pointed out was an option).\""}
{"_id": "34680", "title": "", "text": "Buying pressure means there are more interested buyers than there are ready sellers putting upward pressure on prices. That might include institutional buyers who are slowly executing buy orders because they still want the best prices possible without clearing out the market. Buying pressure doesn't have to be related to volume at all. If everyone who owns shares think they are going to be worth far more than recent market prices, they will not offer them for sale. That means there is more demand to buy than there is a supply of shares to be bought. That condition can exist regardless of trading volume."}
{"_id": "34688", "title": "", "text": "\"The bond funds should tell you their duration. My 401(k) has similar choices, and right now, I'm at the short maturity, i.e. under 1 year. The current return is awful, but better than the drop the longer term funds will experience as rates come back up.  Not quite mathematically correct, but close enough, \"\"duration\"\" gives you the time-weighted average maturity in a way that tells you how the value responds to a rate change. If a fund has a 10 year duration, a .1% rate rise will cause the fund value to drop 1.0%.\""}
{"_id": "34689", "title": "", "text": "Brokers will have transaction fees in addition to the find management fees, but they should be very transparent. Brokering is a very competitive business.  Any broker that added hidden fees to their transactions would lose customers very quickly to other brokers than can offer the same services. Hedge funds are a very different animal, with less regulation, less transparency,  and less competition. Their fees are tolerated because the leveraged returns are usually much higher. When times are bad, though,  those fees might drive investors elsewhere."}
{"_id": "34696", "title": "", "text": "\"I had a weird arrangement like this in college with a girl. She didn't want a relationship, or sex. She just wanted to sleep with me. So occasionally my phone would ring at 10:30, \"\"Dave, this is Pam. I'm at the door. Can I come down?\"\" (My dorm room was in the basement of the graduate/doctoral dorm)  She'd come down, want to cuddle a bit, and go to sleep.  In the morning I'd get dressed, reset the alarm clock for her, and go to class. I'd come back from lunch at the cafeteria and my bed would be made, the room picked up, and clothes put away.   Since I was in between relationships at the time, it was a very cool symbiosis for the two of us.\""}
{"_id": "34722", "title": "", "text": "\"This will probably require asking the SO to sign a quitclaim and/or to \"\"sell\"\" him her share of the vehicle's ownership and getting it re-titled in his own name alone, which is the question you actually asked. To cancel the cosigner arrangement, he has to pay off the loan. If he can't or doesn't want to do that in cash, he'd have to qualify for a new loan to refinasnce in his name only, or get someone else (such as yourself) to co-sign. Alternatively, he might sell the car (or something else) to pay what he still owes on it. As noted in other answers, this kind of mess is why you shouldn't get into either cosigning or joint ownership without a written agreement spelling out exactly what happens should one of the parties wish to end this arrangement.  Doing business with friends is still doing business.\""}
{"_id": "34731", "title": "", "text": "That's the foundation of Limited Liability.  There is a corporate veil that protects your personal assets from that of your business.  The corporate veil can be pierced if you do certain stuff and thus your personal assets will get effected.  This allows people to start companies and innovate more and take more risks knowing that they could not be personally liable if the business folds."}
{"_id": "34733", "title": "", "text": "And they will be with any governance that gives the people a voice.  I wouldn\u2019t have it any other way.  But special interest groups need to be treated like spoiled children who haven\u2019t learned boundaries:  1) Call them out on their hypocracy, being inconsiderate, and when they are bein ridiculous.  2) If they have good ideas, listen to them  3) If they are willing to work with you, work with them  4) Teach then that there are boundaries  When a special interest group gets what they want, they dive in to grab as much as they can.  Then other groups try the same.  The conversations and decisions must instead be controlled, slowed or halted when they pull more than was agreed upon.  We have unfairly favored certain special interest groups throughout history.  Right now, we have a Christian extreme and their opposition acting like spoiled brats, and the corporate interests being handed the keys to the kingdom.  It is no wonder we are experiencing worse fracturing!  When sharks smell blood, they frenzy, and we\u2019re feeding with little constraint."}
{"_id": "34737", "title": "", "text": "Supply and demand basically determines wages. Unfortunately our society doesn't even see sustainability of families or society as important enough to make protecting them a high priority.   However, if you are a bank thats been involved in shady business deals, they are going to great lengths to help you avoid prosecution, not just here but all around the world."}
{"_id": "34746", "title": "", "text": "You're doing great.  I'd suggest trying get putting 5-10% towards your retirement and the balance to the student loans. You are a little weak in retirement savings, but you have $550k house with 20% equity that you bought at the bottom of the market. That's a smart investment IMO, and in my mind compensates somewhat for your low 401k balance. If I were you, I would retire the student loans ASAP to reduce the money that you have to shell out each month. That way, you have the option of scaling back you or your wife's work somewhat to avoid paying thousands for child care. In my mind, less debt == more options, and I like options."}
{"_id": "34752", "title": "", "text": "I suppose it depends on your goals and expectations, but I'd argue its not easy. Regardless of the chosen sub discipline of trading or investing you pursue there will be some theoretical and research work to do, some learning of the mechanics of the market, and some 'ropes' to learn upfront. After that the time frame you are working in, the complexity and time requirements of your methodology dictate how much time you need. I personally spend enough time on it to be considered equivalent to a part time job, but I enjoy continually learning and researching. If I weren't constantly trying to improve and research I would say the mechanics might take a half hour a day. However, I would gladly do it full time if I were able. I believe that is important, if you simply want to make lots of money but hate the process you will likely fail. As mentioned earlier if you are new to this the majority of your time will be spent initially learning whats out there, trying various things out, and finding what works for you. There are a lot of different ways to approach the market and a number of markets to approach. For me it took two years to find my niche and become profitable. Learn to loose small and keep your itchy fingers in check during that learning curve."}
{"_id": "34767", "title": "", "text": "The HMRC website would explain it better to you. There is a lot of factors and conditions involved, so refer to the HMRC website for clarification. If your question had more details, it could have been easy to pinpoint the exact answer. Do I declare the value of shares as income Why would you do that ? You haven't generated income from that yet(sold it to make a profit/loss), so how can that be declared as income."}
{"_id": "34778", "title": "", "text": "Ahh the vest. The mark of a Finance professional. Seriously, I don't know of any other person outside of a Finance career that wears it. My theory is that it's warm and it lessens the need to re-tuck your shirt every few minutes for those that don't have tailored shirts."}
{"_id": "34780", "title": "", "text": "The one thing that I know is that we'll no longer need to subsidize or coddle the lower classes anymore.  I'm tired of having to pay such high tax rates so that they can live off my hard work.  No more forced labor!"}
{"_id": "34784", "title": "", "text": "\"we all see posts about How To Get An Idea for a business.  I respond that keeping eyes and ears open has been my \"\"method\"\" for many years.  so as an example of that, here's a guy who simply decided \"\"there have to be more people like me\"\" and started a business helping others escape from liberal states...taxes, regulations.  his stats are pretty amazing.  enjoy\""}
{"_id": "34789", "title": "", "text": "\"New Deal type solutions, living wages, and other things with a socialism streak. It's unattractive for people who have been used to the American way, but the alternative is an ever expanding non-working/low-wage class. Many people do not cut it for service and post-college, or college level jobs, many people are best suited for trade work. As more jobs become automated, and more blue collar work gets pushed overseas, and as our economy turns to service/high education work, more and more people will be left behind. Either these people are put to work by corporations by lowering their ridiculous standards for once, or the government steps in and does it for them by putting them to work in pubic projects or service, and for those that can't be placed, a living wage, otherwise they will be poor and desperate, having those people around isn't pretty for a society.   I'm not just making this up, people have been predicting this situation for a better part of a century, even the [Wall Street Journal](http://online.wsj.com/article/SB10001424052970204468004577164710231081398.html) is seeing it. The rise of Consumerism pushed it off a bit, but Globalization and increasing technology has taken the edge off of it. People need to realize that this is a problem, and they need to stop being so arrogant and ignorant about the reality of socioeconomics, otherwise it will bite them in the ass. Is the solution perfect? Nope, but I haven't heard a better one that doesn't have \"\"Maybes\"\" attached to it, or assume people will just do things out of their good nature.\""}
{"_id": "34791", "title": "", "text": "Yeah, that last bit from Curtis was absolutely inspiring to me as well. I listened to it repeatedly the day I first heard it, because I couldn't get it out of my head. If you want to do the same, or you might want to show others the monologue, you can do so [here.](https://soundcloud.com/chapo-trap-house/episode-65-teaser-the-brutal-question) You should also listen to more of the podcast if you're interested. They're a bit all over the place and eclectic, but they're the best socialist entertainment podcast out there.  So where do you fall on the question? I want real change, and I honestly don't have anything to lose. I don't see myself ever having a good life unless things do change for the better. But I've also been thinking about emigrating...  Also agree about OWS. But a movement that's actually connecting with people should be able to overcome *some* of the propaganda used against it by the corporate media. That was a genuine failing on the part of the organizers, I think. [You should read this though. It's on a tangential topic, but more people should know about how the FBI conspired to help smash the movement.](https://www.theguardian.com/commentisfree/2012/dec/29/fbi-coordinated-crackdown-occupy)"}
{"_id": "34809", "title": "", "text": "\"I've had pretty good experience with fiction and non-fiction. I guess it's all about expectations. I actually dislike having physical media laying around the house (DVD's, books, etc.), and prefer having it stored with a service provider. I get that you give up some of the benefits of physical (sharing it, you \"\"own it\"\", etc.), but those weren't high on my list of values anyways.\""}
{"_id": "34810", "title": "", "text": "\"I'm going to look just at purchase price. Essentially, you can't always claim the whole of the purchase price (or 95% your case) in the year (the accounting period) of purchase, but you get a percentage of the value of the car each year, called writing down allowance, which is a capital allowance. It is similar to depreciation, but based on HRMC's own formula. In fact, it seems you probably can claim 95% of the purchase price, because the value is less than \u00a31000. The logic is a bit involved, but I hope you can understand it. You could also claim simplified expenses instead, which is just based on a rate per mile, but you can't claim both. Note, by year I mean whatever your account period is. This could be the normal financial year, but you would probably have a better idea about this. See The HMRC webpage on this for more details.  The big idea is that you record the value of any assets you are claiming writing down allowance on in one of a number of pools, that attract the same rate of writing down allowance, so you don't need to record the value of each asset separately. They are similar to accounts in accounting, so they have an opening balance, and closing balance. If you use an asset for personal use, it needs a pool to itself. HRMC call that a single asset pool. So, to start with, look at the Business Cars section, and look at the Rates for Cars section, to determine the rate you can claim. Each one links to a further article, which gives more detail if you need it. Your car is almost certainly in the special rate category. Special rate is 8% a year, main rate is 18%, and First year allowance is essentially 100%. Then, you look at the Work out what you can claim article. That talks you through the steps. I'll go through your example. You would have a pool for your car, which would end the account period before you bought the vehicle at zero (step 1). You then add the value of the car in the period you bought it (Step 2). You would reduce the value of the pool if you dispose of it in the same year (Step 3). Because the car is worth less than \u00a31,000 (see the section on \"\"If you have \u00a31,000 or less in your pool\"\"), you would normally be able to claim the whole value of the pool (the value of the car) in the first accounting period, and reduce the value of the pool to zero. As you use the car for personal use, you only claim 95% of the value, but still reduce the pool to zero. See the section on \"\"Items you use outside your business\"\". This \u00a31000 is adjusted if your accounting period lasts more or less than 12 months. Once the pool is down to zero that it you don't need to think about it any more for tax purposes, apart from if you are claiming other motoring expenses, or if you sell it.  It gets more complicated if the car is more expensive. I'll go through an example for a car worth \u00a32,000.  Then, after Step 3, on the year of purchase, you would reduce the value of the pool by 8%, and claim 95% of the reduction. This would be a 160 reduction, and 95%*160 = 152 claim, leaving the value of 1860 in the pool. You then follow the same steps for the next year, start with 1840 in the pool, reduce the value by 8%, then claim 95% of the reduction. This continues until you sell or dispose of the car (Step 3), or the value of the pool is 1000 or less, then you claim all of it in that year. Selling the car, or disposing of the car is discussed in the  Capital allowances when you sell an asset article. The basic idea is that if you have already reduced the value of the pool to zero, the price you sell the car for is added you your profits for that year (See \"\"If you originally claimed 100% of the item\"\"), if you still have anything in the pool, you reduce the value of the pool by the sale value, and if it reduces to below zero (to -\u00a3200, say), you add that amount (\u00a3200, in this case), to your profits. If the value is above zero, you keep applying writing down allowances. In your case, that seems to just means if you sell the car in the same year you buy it, you claim the difference (or 95% of it) as writing down allowance, and if you do it later, you claim the purchase price in the year of purchase, and add 95% of the sale price to your profits in the year you sell it. I'm a bit unclear about starting \"\"to use it outside your business\"\", which doesn't seem to apply if you use it outside the business to start with.   You can claim simplified expenses for vehicles, if you are a sole trader or partner, but not if you claim capital allowances (such as writing down allowances) on them, or you include a separate expense in your accounts for motoring expenses. It's a flat rate of 45p a mile for the first 10,000 miles, and 25p per mile after that, for cars, and 24p a mile for motorcycles. See the HRMC page on Simplifed Mileage expenses for details. For any vehicle you decide to either claim capital allowances claim running costs separately, or claim simplified mileage expenses, and \"\"Once you use the flat rates for a vehicle, you must continue to do so as long as you use that vehicle for your business.you have to stick with that decision for that vehicle\"\".  In your case, it seems you can claim 95% of the purchase price in the accounting period you buy it, and if you sell it you add 95% of the sale price to your profits in that accounting period. It gets more complicated if you have a car worth more than \u00a31000, adjusted for the length of the accounting period. Also, if you change how you use it, consult the page on selling selling an asset, as you may have disposed of it. You can also use simplified mileage expenses, but then you can't claim capital allowances, or claim running costs separately for that car. I hope that makes sense, please comment if not, and I'll try to adjust the explanation.\""}
{"_id": "34812", "title": "", "text": "&gt;Why not?  For the reason that I already gave  &gt;If marketing is a product then so is education.  Who pays for the marketing? The company that wants to get their product info out to potential customers.   Who pays for inner city public schools? Not the students that want part of being there   &gt;Are there for-profit schools? Yes? Sounds like a product.  Yes, sounds like a product that's being bought. Who's paying for it though? Again not the students"}
{"_id": "34817", "title": "", "text": "Do not hesitate to contact the Restoration Company in Las Vegas in the situations where there is a fire accident and everything has been damaged by the fire. You should clear the impressions of fire so that people get out of that fear."}
{"_id": "34818", "title": "", "text": "As c\u00e9lulas solares, tamb\u00e9m conhecidas como c\u00e9lulas fotovoltaicas, convertem a luz solar (f\u00f3tons) em eletricidade Tanto a pesquisa quanto o uso de c\u00e9lulas solares aumentaram acentuadamente nos \u00faltimos anos, e hoje existem muitas empresas diferentes que fabricam c\u00e9lulas solares e sistemas solares. As c\u00e9lulas solares est\u00e3o presentes em tudo, desde pequenos produtos el\u00e9tricos (por exemplo, calculadoras) at\u00e9 a gera\u00e7\u00e3o de energia commercial Energia Fotovoltaica em grande escala. A luz solar consiste em pequenas part\u00edculas Se uma c\u00e9lula fotovoltaica estiver iluminada com luz solar, alguns desses fot\u00f5es ser\u00e3o absorvidos pela c\u00e9lula. Quando os fotones foram absorvidos pela camada negativa na c\u00e9lula fotovoltaica, os el\u00e9trons ser\u00e3o liberados. Existe uma diferen\u00e7a de tens\u00e3o entre as duas camadas, semelhante a uma bateria. circuito. Uma corrente el\u00e9trica aumentou."}
{"_id": "34833", "title": "", "text": "\"Using the card but paying it off entirely at each billing cycle is the only \"\"Good\"\" way to use a credit card.  If you feel like you will be tempted to buy more than you can pay back don't use credit. As far as furnishing the apartment, the best thing to do would be to save and pay cash, but if you want to use credit the credit available at stores would be a far better deal than carrying it on a card.\""}
{"_id": "34844", "title": "", "text": "\"Yes, it's unreasonable to think the prices will drop 10-20% in that time frame.  Housing prices are not an equation that can can be solved to \"\"home prices are X% overvalued.\"\" You have 3 answers so far, Quanty's \"\"prices are inversely proportional to rates,\"\" Rob's \"\"there's no strong correlation between interest rates and house prices,\"\" and MB's, \"\"rising interest rates create downward pressure on housing prices.\"\" Any research into price history had better take every other variable into account. Articles that look at rates vs price don't always address a key item, income. Say we agree that the data show your city to be 10% too high. But if sellers like their high price and have some 'dig my heels in' power, prices won't drop. The seller simply stays put, and the supply/demand curves result not in a lower price, but in less supply. And the effect is to change the demographic of that area, i.e. attracting higher income earners.  Rob linked to an article with a nice set of charts. One chart showing the US30 yr fixed rate and 'Real House Prices'. What results is a chart that can refute the relationship between rates and prices. But that would ignore an historical point that's too important to forget. The tumble that started in Jan '06 had nothing to do with the 30 year rate. It was the result of a series of insane financial products including 'interest only option ARMs' which permitted buyers to get approved for a purchase based on a payment that wasn't fixed, and would change to a fully amortizing mortgage at a higher rate that was unaffordable. A product that was a financial time bomb. Canada Banks offered no such product, and when the US market got pneumonia, Canada experienced a mild cold. With respect to any answers that offer US centric data to prove any hypothesis, I don't feel such comparisons are appropriate.  Correlations, and the data used to prove them are an interesting thing. I can suggest that you take the US 30 year rate, along with our median income, or rather 25% of monthly median income. Calculate the mortgage that results. This translates nicely to the home a median family can afford. And I claim that long term this is the equilibrium price of that median home. But supply/demand has another factor, 'stickyness' or the more technical term, 'inelasticity of demand.' This means that for example, a 10% increase in the price of cigarettes does not cause a 10% drop in consumption. Each and every good has its own elasticity, and in the case of housing, a rise in cost would certainly impact the marginal buyers, but others will simply adjust their budgets. Not all buyers were planning to hit the bank's limit on what they could afford, so the rise doesn't change their mind, just their budget.  Last - I know that Canada does not have a 30 year mortgage, most common is a 5 year rate with 30 year amortization. (correction/clarification, anyone?) The effect of this is less volatility in the market, since I believe your rates are not poised for the 2.5% to 4% jump implied by another response. Small increases can be absorbed.  In a beautiful coincidence, the Federal Reserve Board sent me a link to The Interest Rate Elasticity of Mortgage Demand: Evidence From Bunching at the Conforming Loan Limit. It's a bit long but a worthwhile look at how the correlation isn't as instant as some might think.\""}
{"_id": "34846", "title": "", "text": "Well, there's also the related matter that the rate of pay increase for average workers has increased at a small fraction of executive pay. There are many ways to remedy this, including raising top tax rates (though by no means exclusively)."}
{"_id": "34872", "title": "", "text": "\"Oh, yeah, my mistake.  My statement would apply if that was \"\"dew point\"\" instead of \"\"heat index\"\".  Haha, this is the most ridiculous back-and-forth because I'm sure we're both in agreement.  Hopefully someone will find it useful!\""}
{"_id": "34882", "title": "", "text": "Open Google finance and divide the Market Capitalization by the total price. That will give you the total number of shares outstanding. Now see the number of shares you could buy for $1000(40 shares of $25 each or 10 shares of 100 shares each). Now divide the number of shares you own, by the number of shares outstanding in the company and multiply it by 100(i.e (Shares you own/shares Outstanding) * 100). That will give you the percentage or stake of the company you own(With $1000, don't expect it to be a very large number). Now ask your self the question, Is it worth it if I can buy x % of this company for $1000? If the answer is yes, go ahead and buy it.  To answer your question in short, NO! it does not matter whether you buy 10 shares for $100 or 40 shares for $25. Cheers"}
{"_id": "34884", "title": "", "text": "My opinion is that 50% savings is the number to shoot for, and I strive toward that number as often as possible.  10% - savings for retirement 10% - savings for short term emergency fund 25% - payment on mortgage principal 5% - savings for planned big purchases I overpay the principal so that 25% of my income goes to principal payments, and I separately account for the mortgage interest/home owners insurance as another expense in my budget.  Because of this aggressive payment schedule, the house I bought 2 years ago will be payed in full in another 9 years.  I own another property outright that I paid down in the same fashion and I collect rent on it as a supplement to my income.  I started with a small townhouse that I could easily afford, but now I have a much larger home that I can still easily afford. The emergency fund doesn't need to be more than 6 months of expenses, which is 3 months of income if your expenses are only 50% of your income.  I keep 6 months of expenses liquid and another 12 in a low risk investment.  Once you have your emergency fund funded, you can add that percentage to a different category (say 15% to retirement and 10% to planned big purchases), or you can over-fund it.  I have had a few catastrophes that have depleted that fund, so I like having the extra 12 months of income available. I set the last 5% aside for wants that are not regular expenses.  If I want a car, I save 5% of my income until I can pay cash for it.  I have an infinite number of these wants, so I prioritize them and buy them in order when the cash becomes available. The reason I use percentages is to keep me focused when my income increases. Instead of spending all the additional money that I could afford to spend each time I get a raise. I instead only increase my expenses to the 50% mark.  It was much harder to save 50% when I got my first job out of college, but now I live quite comfortably on that percentage and I could take a large hit to my income before I would need to make significant changes to my lifestyle."}
{"_id": "34887", "title": "", "text": "\"Paying yourself through a corporation requires an analysis of a variety of issues. First, a salary paid to yourself creates RRSP contribution room as well as CPP contributions.  Paying yourself a dividend achieves neither of those. By having a corporation, you will have to file a corporate (T2) tax return.  The corporation is considered a separate legal entity from you.  As an individual, you will still need to file a personal (T1) tax return. Never just \"\"draw\"\" money out of a corporation.  This can create messy transactions involving loans to shareholders.  Interest is due on these amounts and any amounts not paid within one calendar year are considered as wages by Canada Revenue and would need to be reported as income on your next T1 return. You should never withhold EI premiums as the sole owner of a corporation.  You are considered exempt from these costs by CRA.  Any amounts that have been remitted to CRA can be reclaimed by submitting a formal request. The decision on whether to take a salary or dividends normally requires some detailed analysis.  Your accountant or financial advisor should be able to assist in this matter.\""}
{"_id": "34893", "title": "", "text": "3 years ago I wrote Student Loans and Your First Mortgage in response to this exact question by a fellow blogger in my state.  What I focused on was the way banks qualify you for a loan, a percentage for the housing cost, and a higher number that also comprises all other debt. If the goal is speed-to-purchase, you make minimum payments on the student loan, and save for the $100K downpayment as fast as you can.  The question back to you is whether the purchase is your priority, and how debt averse you are. I'd caution, if you work for a company with a matched 401(k), I'd still deposit to the match, but no more.  Personal finance is just that, personal. We don't know your entire situation, your current rental expenses vs your total condo cost when you buy. If you are in a location where renting costs far more than your cost of ownership, Ben might change his mind a bit. If the reverse is true, you're living a college student's lifestyle with a room costing $400/mo sharing a house with friends, I'll back off and say to pay the loan and save until you can't tolerate the situation. You'll find there are few situations that have a perfect answer without having all the details."}
{"_id": "34902", "title": "", "text": "\"Age. Current marginal rate. Total saved so far. Current rate of savings. Joint or single filer. These are among the variables that go into making this decision. Without this, my answer is a general response. In general, you have one marginal rate today. (Unless you happened to be straddling a bracket limit).  In retirement, you have your marginal rate, of course, but also every bracket up to that level. It can make sense to save today pretax to avoid 25%, knowing this money will be withdrawn at an average 10 % or so in retirement.  Edit to clarify to the one who offers comment below to the contrary.  The 2015 taxtable for single filer:  A single person has a combined $10,300 standard deduction and exemption. This means that if he has no other income in retirement, a withdrawal of $47,750 results in a tax bill of $5156. This is an average 10.8% on that withdrawal. It also means that one can save nearly $1.2M before hitting the 25% bracket in retirement. With the numbers I offered, the next $1 is taxed at 25%. In general, if a new worker starts by using Roth, and goes to traditional to avoid slipping into the 25% bracket, they will have a nice mix of pre and post tax money.  In the end, it's not a long term binary choice. Each year, you can decide which flavor or mix of flavors to use. You can convert from traditional to Roth each year to \"\"top off\"\" the 15% bracket, so you retirement withdrawals never push you into the 25% bracket.  Note - the math above tragically ignores The Phantom Tax Rate Zone caused by the taxation of Social Security benefits. For a young person, I don't know that I'd advise counting on this benefit, but if you believe in fairy dust, unicorns, and the like, you should be aware of how the government currently plans to tax you. This situation leans strongly toward the Roth. Until congress decides to use Roth withdrawals as a trigger to tax or reduce your benefits, in which case, just using a taxable account will be all that's left.  2 years ago, I wrote a blog post The 15% solution which walks the reader through the process of optimizing their savings from a tax standpoint. The choice of investments is another matter, this simply addresses the pre-tax post-tax issue.\""}
{"_id": "34913", "title": "", "text": "It is a bad deal.  It saves the government from processing your refund as a check or an ACH deposit, and lets them keep your money -- money that they overwithheld! -- interest-free for another year. Get it back. :)"}
{"_id": "34925", "title": "", "text": "One thing to note before buying bond funds. The value of bonds you hold will drop when interest rates go up. Interest rates are at historical lows and pretty much have nowhere to go but up. If you are buying bonds to hold to maturity this is probably not a major concern, but for a bond fund it might impair performance if things suddenly shift in the interest rate market."}
{"_id": "34929", "title": "", "text": "Child care - will a parent stay home? Bring Child to daycare? Nanny? This can range from $4k+ to nearly $15K for daycare outside the house. For a nanny (of course, we found a gal with a masters degree in early childhood development) it can run to a full salary, $30K in her case.  The extra mouth to feed, the diapers, clothes, etc.  Education - Will you plan to pay for the child's college? Some people can't or feel they shouldn't. If you will, it can run about $180K in today's dollars for a private 4 year college.  Ours is now 12, so I'm sure my aging brain has forgotten some of the obvious expenses."}
{"_id": "34939", "title": "", "text": "\"I have an idea.  Keep saving what you are and think \"\"Early Retirement\"\".  Work for 20 years, then do whatever you want 40 hours a week.  If your satisfied with your current lifestyle, start thinking of your bigger long term financial goals and when you want to accomplish them by.  Maybe you can accomplish these sooner than you think.  Saving to buy a house/property?  Investment portfolio?  Want to travel all over the world?  Family planning/kids?  I am sure you will figure out how you would want to spend it.\""}
{"_id": "34942", "title": "", "text": "TBH I wouldn\u2019t assume that the CFA is quicker. It takes at least 18 mo if you take them consecutively, and if you fail one it\u2019s at least another year. I did my MBA part time in 2 years, and I hear the average for the CFA is something like 5 years.  If you want to go into something more quantitative/ back office focused I say go for the CFA. MBA will probably provide you with more general career options"}
{"_id": "34949", "title": "", "text": "In the second example you are giving up future  free cash flows in exchange for a capital gain on the original investment. With that respect  the money you will not gain will be the difference of the future cash flows ( net of related costs) minus the net gain on the panel you have sold. The financial result can be considered as the opposite of a sunk cost, that is a cost you have already incurred ( and cannot be recovered)  vs net future gains you are giving up.  In more sophisticated financial terms we are talking about the  benefit-cost ratio:  ( from Investopedia)"}
{"_id": "34959", "title": "", "text": "Obviously, her new employer won't know how much was contributed from   the old job, so this won't work this year. Obviously the new employer would. They will not deposit anything, unless you tell them how much you have deposited already. Somehow tell the new employer how much was contributed by her last   employeer, so they can stop deducting at the right time. I'm not sure   if this is even possible. Why isn't it possible? I've been in a similar situation, the employer had a form to fill on this matter as part of the paperwork for the payroll, right between the direct deposit forms and the 401K contributions form. By the way, another thing to take a look at when switching jobs is the Social Security tax. I wrote about it here."}
{"_id": "34976", "title": "", "text": "Someone needs to tell the LinkedIn developers that the recommendation for a low-salt diet does not extend to their code. Salting hashes is a pretty basic security measure. I have to wonder what other basic security practices are missing there. Clearly there is at least one other issue, since the hackers were able to access the hashes to begin with.   BTW, changing your password now is a good idea, but I'd also change it again after LinkedIn has confirmed they have both started salting and have corrected whatever security flaw revealed the hashes. Until then there is no reason to believe your new password is any safer or more secret than the old one."}
{"_id": "34986", "title": "", "text": "When you look at managed funds the expense ratios are always high. They have the expense of analyzing the market, deciding where to invest, and then tracking the new investments. The lowest expenses are with the passive investments.  What you have noticed is exactly what you expect. Now if you want to invest in active funds that throw off dividends and capital gains, the 401K is the perfect place to do it, because that income will not be immediately taxable. If the money is in a Roth 401K it is even better because that income will never be taxed."}
{"_id": "34997", "title": "", "text": "The answer is - the money got bounced back to their account :("}
{"_id": "34999", "title": "", "text": "It appears to me that US agribusiness is angry at poor countries for giving poor people food and the US pharmaceutical industry is angry at India for making cheap generic drugs, even though few people can afford their products in poor countries. (Drug prices in the US itself have more than doubled since 2008)  These three trade deals, TTIP, TISA and TPP that the US is pushing in our names basically take positions that few Americans would agree with, which is why they are kept secret."}
{"_id": "35002", "title": "", "text": "15 years ago I bought a beach condo in Miami for $400,000 and two extra parking spaces for $3000 each. Today the condo is worth 600,000 but the rent barely covers mortgage repairs and property taxes. Most of The old people in the building have since died and are now replaced with families with at least two cars and spots are in short supply. I turned down offers of 25,000 for each parking space. I have the spaces rented out for $200 per month no maintenance for an 80% annual return on my purchase price and the value went has gone up over $700%. And no realtors commissions if i decide to sell the spaces."}
{"_id": "35006", "title": "", "text": "A shorter term MA would be used for short term changes in price whilst a long term MA would be used for longer term movements in price.  A 200 day SMA is widely used to determine the trend of the stock, simply a cross above the 200 day SMA would mean the stock may be entering an uptrend and a cross below that the price may be entering a downtrend. If the price is continuosly going above and below in a short period of time it is usually range trading. Then there are EMAs (Expodential Moving Averages) and WMAs (weighted moving averages) which give more emphasis to the latest price data than the earlier price data in the period chosen compared to a SMA. MAs can be used in many different ways, too many to list all here. The best way to learn about them is to read some TA books and articles about them, then choose a couple of strategies where you can use them in combination with a couple of other indicators that are complimentary with each other."}
{"_id": "35011", "title": "", "text": "[It works in Austria, Belarus, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, Malta, Moldova, the Netherlands, Norway, Portugal, Romania, Russia, Serbia, Spain, Sweden, Switzerland, Ukraine, and the United Kingdom.](https://en.wikipedia.org/wiki/List_of_countries_with_universal_health_care)  Surely you don't think America is too dumb or lazy of a nation to do what these many others have done.. [Even conservative sources seem to think that the move to UH increases economic freedom.](https://www.forbes.com/sites/theapothecary/2015/01/27/conservative-think-tank-10-countries-with-universal-health-care-are-economically-freer-than-the-u-s/#2e52bfc5137e)  I guess our versions of morality are vastly different."}
{"_id": "35014", "title": "", "text": "I wouldn't say this is a lie.  Person 2 just made themselves the offer of 38k.  If it sells then they were outbid.  If it doesn't sell then they're stuck with the asset as if they had bid themselves.  They're paying themselves, or they're representing a party that is paying themselves.  That balances out to a $0 profit/loss + ownership of the asset.   I think something like this would be unethical:   Person 1: I'll buy your car for 30k  Person 2: Okay  Person 3:That's my car!"}
{"_id": "35053", "title": "", "text": "When you are putting your money in an index fund, you are not betting your performance against other asset classes but rather against competing investments withing the SAME asset class. The index fund always wins due to two factors: diversity, and lower cost.  The lower cost attribute is essentially where you get your performance edge over the longer run. That is why if you look at the universe of mutual funds (where you get your diversification), very few will have beaten the index, assuming they have survived. -Ralph Winters"}
{"_id": "35066", "title": "", "text": "Wait are you saying you have the opportunity to buy bonds at this rate and the company is issuing loans at this rate to consumers? Sounds like a win for the bank, a win for it's shareholders, and a win for the bondholder. (Of course, you'll probably be paying a premium for a 25% coupon bond if that's really what's you're talking about.)"}
{"_id": "35071", "title": "", "text": "Agreed. If you create a small sustainable biz for yourself, you create the freedom to pursue the hobby project ideas as well. You have a strong base which protects you.  A software biz like ours is WAY more tolerant than a job. Like when I got sick for 3 mos and couldn't work at ALL, we didn't grow, but we didn't collapse either. It pretty much coasted. That means we have way more free time than we think we do."}
{"_id": "35079", "title": "", "text": "Each country will have different rules. I can only speak about the Netherlands.  There, there are two options as a resident to open an account.  You needed a BSN (Dutch ID number) or a strong reference from an international company sponsoring your residence there at a bank branch that dealt frequently with foreign customers.  It was not possible to open an account as a nonresident although high wealth customers probably get special treatment. Recent US reporting requirements have made European banks very unwilling to deal with US people. I have received a letter from my Dutch bank saying they will continue my current products but not offer me anything new. If I call the bank, the normal staff cannot see anything about my accounts. I need to call a special international department even for mundane questions."}
{"_id": "35093", "title": "", "text": "\"I'm a senior majoring in accounting and management information systems. Here is a question I answered a while back about financial statements and employee retention. In the answer that I provided at the bottom it was to assess a company's ability to pay by use of ratios. Likewise, similar accounting methods need to be understood and implemented when assessing stocks(which is where I believe Mr. Buffet was going with this). As we can see the severity of the questions decreases, but if you can not answer question 3 then you should study accounting principles.   So how much is enough just to get started? You will never have enough knowledge to start, period. You will have to continuously be learning, so start sooner than later.  However you need neither economics or accounting knowledge if you were to learn technical analysis, many doubt the workings of this technique, but in my experience it is easier to learn and practise. A comment on @Veronica's post.  Understanding economics and accounting are fundamental. Analysis, seeing trends, and copying are instinctual human traits that helped us evolve (we are very good at pattern recognition). Taking an intro economic and accounting course at a local community college is an excellent place to start when breaking the mold of pattern-thinking. You have to be critical in understanding what elements move a company's A/R in the statement of cash flows. Read. Literally, don't stop reading. Latest edition of of Kesio's accounting principles? Read it. Cover to cover. Tax policies on Section 874, 222, 534? Read it.  Take a class, read a book, ask questions! Good Luck, \"\"Welcome to [the] Science [of Business], you're gonna like it here\"\" - Phil Plait\""}
{"_id": "35100", "title": "", "text": "I can only answer in hypotheticals since it doesn't exist, but I could imagine chip readers becoming common place to verify integrity of the ID.  Add a federal mandate on things like TSA checkpoints, hotel reservations, etc. and you get a lot of data real quick.  There's plenty of ways for it to be abused.  My question is, what would a national ID card solve?"}
{"_id": "35102", "title": "", "text": "\"The margin rules are also more complicated.  A simple buy on a non-margin account will never run into margin rules and you can just wait out any dips if you have confidence the stock will recover.  A \"\"simple\"\" short sell might get you a call from your broker that you have a margin call, and you can't wait it out without putting more money in.  Personally I have trouble keeping the short sale margin rules straight in my head, at least compared to a long sale. I got in way over my head shorting AMZN once, and lost a lot of money because I thought it was overvalued at the time, but it just kept going up and I wanted it to go down.   I've never gotten stuck like that on a long position.\""}
{"_id": "35109", "title": "", "text": "I'm finishing up a PhD in econ this year. I did a similar route to you. M.A. in finance / econ - split with business school and economics department then moved into a PhD. If I had to do it over again, I would go straight into the PhD program. I'd say skip the MA, especially since you have an interest in academia. The MA was more or less a waste of time and you get the MA as you're doing your PhD work anyway."}
{"_id": "35113", "title": "", "text": "Oh wow, someone who is BULLISH stocks and the tech sector specifically? Wow, no groupthink at all here folks, none.   I'll catch you on the flip side of this epic bubble we're in, which you obviously don't see."}
{"_id": "35117", "title": "", "text": "Myself and my partner do things a little differently to most. We split accommodation and utilities payments by net income proportion to ensure that we both have the same amount of spending money. For example;  The really important bit is net income. We take off a whole bunch of payments, e.g; Our contributions go into a joint account and the rest is our money to spend. The upshot is that we both get to enjoy the same minimum quality of life because we both get the same amount to spend at the bar."}
{"_id": "35128", "title": "", "text": "\"That has not been disproved. What the quote means is \"\"when [workers as a collective] earn more, [businesses as a collective] get more customers\"\". It's impossible to disprove this, because it's like a kind of economic tautology. It's like, if I give you five one dollar bills, how many five dollars will you have.   What you mean to argue is that that's spacious, because the real world is more complicated.\""}
{"_id": "35153", "title": "", "text": "\"So, if I understand the investment program here: You have $100 of tax withheld from your salary at the end of Jan, Feb, Mar... until December.  This withholding is in excess of the expected tax for the year. You use the appropriate H&R Block product to file your taxes, and H&R Block gets your refund of $1200 on March 1st.  H&R Block adds 10& and give you e-cards for $1320 On the face of it, this represents a return of 15.19% per year, compounded monthly. However, there are a few wrinkles that might make the scheme less inviting: You'll get a receipt for miscellaneous income from H&R Block, and pay tax on the \"\"earnings\"\". The quoted return is only realized if you can use the e-cards immediately.  If they sit around for a while, then they aren't earning any interest.  If you sell them for cash at a discount (if you even can!)  then this reduces the return.  If you don't cash them at all, they're a total loss. This offer was announced on Jan 15, 2015.  So you can't go back and put it in place for 2014.  And if you set it up for withholding in 2015, is there any guarantee that it the same offer will be in place when filing in 2016?\""}
{"_id": "35159", "title": "", "text": "\"In the U.S. at least, a lot of these CoinStar machines are now owned and operated by the store or other venue in which they're placed, as a convenience to customers, and the fee for using it is waived.  These machines, even without a fee attached, are still beneficial to the store, for two reasons. First, they bring in potential customers; the machine usually spits out a ticket that you take to the cashier, meaning you pass by all the impulse items they put in the checkout lines, and someone using the change catcher will invariably pick up a pack of gum or a magazine to spend your newfound wealth. The fact that one store has a change machine while another doesn't can also be the difference between choosing that store over the other for a planned shopping trip. Second, and less obvious, a store that owns a CoinStar machine has full access to the change people put in it (hey, they own the machine and are paying out cash on the receipts it spits out). During normal use of a cash drawer or register to take in money, large bills ($20/20\u20ac or larger) are accumulated to be \"\"broken\"\", small to medium bills (1-10 units) stay roughly static in number as payments are made and larger bills are broken, and coins are invariably depleted as change is paid out. This means the average retail store needs a constant incoming supply of coinage, and that generally happens either through armored car service or similar commercial banking (which costs the store money), or through \"\"change catchers\"\" like gumball machines (which usually can't supply all the needed denominations). The Coinstar machine effectively reverses at least a portion of this attrition of coins and accumulation of large bills; the store can now receive coins and pay out large bills as a part of its day to day business, reducing or even eliminating the need to have a bank or armored car perform this service. Anyway, check and see whether the CoinStar machine you last used is still operating on a percentage-fee basis; it might be the case that the store has purchased the machine outright and is offering its services free of charge. If not, look around; other stores may be waiving the CoinStar fee where this one isn't (or they may have similar, non-CoinStar branded machines). Lastly, as other answers have mentioned, if you cash out in the form of a gift card, there's no fee, so you can pick a gift card to a store you're likely to visit anyway; in the U.S. there are a lot of good choices, like home improvement stores, Starbucks, major department stores/clothing retailers, and even an airline.\""}
{"_id": "35178", "title": "", "text": "You raised the issue, war is undertaken with gov't spending. What am I supposed to do, not give the correct answer?  Edit: I agree that it's a nihilistic view, and I do dislike nihilism, but as my dick of a dad used to say, even a broken clock is right twice a day"}
{"_id": "35188", "title": "", "text": "There are online tax prep sites, H&R Block among them. You'll be able to enter your projected details, and do a 'what-if' type scenario by adding things that impact the return. You don't mention any Schedule A deductions. No mortgage? Planning to have money taken off the top to a 401(k)?"}
{"_id": "35191", "title": "", "text": "First thing to consider is that getting your hands on an IPO is very difficult unless you have some serious clout. This might help a bit in that department (http://www.sec.gov/answers/ipoelig.htm) However, assuming you accept all that risk and requirements, YES - you can buy stocks of any kind in the US even if you are a foreigner. There are no laws prohibiting investment/buying in the US stock market. What you need is to get an online trading account from a registered brokerage house in the US. Once you are registered, you can buy whatever that is offered."}
{"_id": "35238", "title": "", "text": "&gt; Bullshit. Entrepreneurs start businesses where it's easiest for start businesses, and if all of their networking contacts are here, the infrastructure they need to start their company is here, and the target market is here, they aren't going anywhere.  Part of being an easier place to start a business includes low tax rates, minimal (smart) regulations, state of the art infrastructure, and a highly educated and healthy work force. Notice how Republicans champion the first 2 and ignore the second 2 while the Democrats are vice versa.   I don't know why everyone focuses so much on the marginal rate of the rich, you can tax the rich 99% and you still won't have enough revenues to cover our budget deficit let alone make the investment we need in infrastructure, health, and education. Why don't we talk about how America can be competitive in a globalized market and what will have the highest return on investment. If we are raising taxes on the top 1% just to fund wars in iraq, then fuck that. If we are doing it to help fund our education system, then it only benefits them and everyone else even more because it will grow our economy. It's an investment, not a tax."}
{"_id": "35245", "title": "", "text": "\"These people are pretty off. Insider trading cases, outside of a tender offer context, require some sort of a breach of duty. It's not simply \"\"non-public material information\"\". You have to trade securities in interstate, based on or while in possession of the material non-public information, and in doing so is a breach of duty owed to the company or to the information source.  Now simply saying \"\"personal info\"\" about an executive does not tell me much about its materiality. So assuming it passes the materiality test, and assuming you yourself aren't a corporate insider, then the only thing left to discuss is whether or not it is misappropriation. To be misappropriation you need to be breaching some duty owed to your information source. Now this isn't just principal-agent duty, this can extend to friends and family if there is a pattern of keeping confidences. So unless you're this guys brother or doctor there really isn't a strong claim against you.\""}
{"_id": "35251", "title": "", "text": "You can find the national average interest rates on commercial bank accounts from the FDIC or nicely aggregated [here from the St. Louis Fed.](https://fred.stlouisfed.org/search?st=National+Rate+on+Non-Jumbo+Deposits+%28less+than+%24100%2C000%29%3A+Savings)  [Here is the national average interest rate on savings accounts.](https://fred.stlouisfed.org/series/SAVNRNJ)  If you are looking for a general historical proxy for a savings account interest rate, then the effective federal funds rate or overnight LIBOR is a good estimate prior to the 2008 financial crisis."}
{"_id": "35252", "title": "", "text": "You are right that Facebook really doesn't get impacted as they got their $38. However it would make it slightly more difficult for Facebook to raise more money in future as large investors would be more cautious. This can keep the price lowers than it actually needs to be. Quite a few companies try to list the IPO at lower price so that it keeps going up and have more positive effect overall there by making it easier for future borrowings. See related question Why would a company care about the price of its own shares in the stock market?"}
{"_id": "35264", "title": "", "text": "\"So, let's get this straight.  You didn't bother to read any of those infant-digestible sources so you didn't see that East Asians and Indians test higher than most white ethnicities, and that sub-components of IQ variants vary across ethnicities too.  You're also arguing that a single sigma below the mean IQ makes someone \"\"functionally retarded,\"\" which yet again showcases your never-ending depths of willful ignorance in this and other psychology/biology/neurology-related subjects.  You may be functionally retarded and illiterate to boot, but you don't need to project those insecurities onto whole groups of ethnicities. We noticed those traits of yours well before your word salad deflections arrived at this dramatic climax.\""}
{"_id": "35267", "title": "", "text": "I hear this a lot but how does it work exactly? Is it the more money you have in your share (savings) account the more weight your vote carries? Or does each member get one vote?  I've been a credit union member for 15 years and have never had any say in anything. I also work for a small bank and both institutions are basically the same. My bank has better rates than my credit union on lended money but my CU pays higher rates on my money. My bank is also a publicly traded company and has regular meetings in which any shareholders can come voice their opinion, I've never heard anything about such activity with my credit union."}
{"_id": "35270", "title": "", "text": "A used luxury car coming out of lease is usually very affordable. They are usually in good condition, still look relatively new, and are within the same price range as a newer Toyota or Honda."}
{"_id": "35282", "title": "", "text": "\"As a person who has had several part time assistants in the past I will offer you a simple piece of advise that should apply regardless of what country the assistant is located. If you have an assistant, personal or business, virtual or otherwise, and you don't trust that person with this type of information, get a different assistant.  An assistant is someone who is supposed to make your life easier by off loading work. Modifying your records before sending them every month sounds like you are creating more work for yourself not less. Either take the leap of faith to trust your assistant or go somewhere else.  An assistant that you feel you have to edit crucial information from is less than useful. That being said, there is no fundamental reason to believe that an operation in the Philippines or anywhere else is any more or less trustworthy than an operation in your native country. However, what is at issue is the legal framework around your relationship and in particular your recourse if something goes wrong.  If you and your virtual assistant are both located in the US you would have an easier time collecting damages should something go wrong.  I suggest you evaluate your level of comfort for risk vs. cost.  If you feel that the risk is too high to use an overseas service versus the savings, then find someone in the states to do this work.  Depending on your needs and comfort you might want to seek out a CPA or other licensed/bonded professional.  Yes the cost might be higher however you might find that it is worth it for your own piece of mind. As a side note you might even consider finding a local part-time assistant. This can often be more useful than a virtual assistant and may not cost as much as you think. If you can live without someone being bonded.  (or are willing to pay for the bonding fee) yourself,  depending on your market and needs you may be able to find an existing highly qualified EA or other person that wants some after hours work.   If you are in a college town, finance, accounting or legal majors make great assistants.  They will usually work a couple hours a week for \"\"beer money\"\", they have flexible schedules and are glad to have something pertinent to their degree to put on their resume when they graduate.  Just be prepared to replace them every few years as they move on to real jobs.\""}
{"_id": "35284", "title": "", "text": "A constant answer which I see brought up in a variety of forums is the complaint that schools don't teach money management (budgeting) and how to do taxes.  Another good bit of information would be to take apart a credit card statement, show how the interest is calculated, etc.  I'd start with those topics, which might take a bit of research on your part (many adults don't understand many of these concepts either), and then build from there.   I remember the first time I was able to go from a list of transactions on a credit card statement, and calculate the interest owed from the average daily balance, and it was like a light coming on.  Most people use these concepts on a regular basis, but have no conception of what's going on beneath the surface."}
{"_id": "35295", "title": "", "text": "You think this mag would lie about the German?   How is any carmag going to survive if it doesn't do e?  Have you established for your /r/business readers here a real and substantial connection with this magazine to the carbon business, upstream and/or down or are you hurling baseless accusations here because you like to see yourself in print and  ....it suddenly occurred to you......"}
{"_id": "35306", "title": "", "text": "Digg was more than a reskin. They essentially turned the site into subscribable islands with no real default and unique homepages for all users. This killed both content supply (who wanted to produce and share content with just a few random folks) and communal shared experience."}
{"_id": "35329", "title": "", "text": "Inverters ultimately helps in achieving lower or higher voltage levels in the system. Isolators are popular components used in traditional electronic devices such as laptops and cellular phones and in various medical applications.You can easily purchase Inverters And Isolators at affordable cost from an online store or electronic store."}
{"_id": "35337", "title": "", "text": "Marketwatch said that fedex cut capacity and raised prices. Interesting to consider whether this gives UPS a chance to steal some of their business. Perhaps people prefer better service as you say.  &gt; Fuel costs year to date at FedEx have increased sharply from a year ago and threatened to erode profit margins; Jet fuel alone was up about 42% in the recent quarter.  &gt; But by tempering capacity, particularly within the company\u2019s trucking fleet, the company has been able to charge more for its service, Barnes said.  &gt; Though there may have been some loss of business because of the higher prices, expanding global trade has so far kept demand robust and most customers have accepted the new costs.   http://www.marketwatch.com/Story/story/print?guid=708C76C4-9CC6-11E0-8019-002128049AD6"}
{"_id": "35340", "title": "", "text": "Investopedia has a section in their article about currency trading that states: The FX market does not have commissions. Unlike exchange-based markets, FX is a principals-only market. FX firms are dealers, not brokers. This is a critical distinction that all investors must understand. Unlike brokers, dealers assume market risk by serving as a counterparty to the investor's trade. They do not charge commission; instead, they make their money through the bid-ask spread. Principals-only means that the only parties to a transaction are agents who actively bear risk by taking one side of the transaction.  There are forex brokers who charge what's called a commission, based on the spread. Investopedia has another article about the commission structure in the forex market that states: There are three forms of commission used by brokers in forex. Some firms offer a fixed spread, others offer a variable spread and still others charge a commission based on a percentage of the spread.  So yes, there are forex brokers who charge a commission, but this paragraph is saying mostly the same thing as the first paragraph. The brokers make their money through the bid-ask spread; how they do so varies, and sometimes they call this charge a commission, sometimes they don't. All of the information above differs from the stock markets, however, in which  The broker takes the order to an exchange and attempts to execute it as per the customer's instructions. For providing this service, the broker is paid a commission when the customer buys and sells the tradable instrument. The broker isn't taking a side in the trade, so he's not making money on the spread. He's performing the service of taking the order to an exchange an attempting to execute it, and for that, he charges a commission."}
{"_id": "35342", "title": "", "text": "Yeah. I'm in my junior year as a political science major but it's not holding my interest and to be honest, I hate it. I've always loved watching stocks and businesses and kept a close eye on financial news. I was just too blind to see that I could get an actual job doing that kind of stuff.    I don't care how long it take to get there, as long as I get there. So maybe finance and stats? I was told that there isn't a real specific degree needed to be a prop trader, but some degrees help more than others."}
{"_id": "35357", "title": "", "text": "Do you have other things you might want to spend that cash on in the near future? (Like a down-payment on a house?) Beyond having emergency cash, the only reason to keep a pile of cash around is because you might need it for another purchase. Unless you are going to have other expenses that will require higher-interest loans to cover them, there's no need to sit on a big pile of cash. As long as you are getting the full match on your 401(k), that's the free money that might be worth more than the interest you are paying on the loans. In any case, I suggest you aim for at least 10% into your 401(k) account moving forward in your life so that you can properly fund retirement. 15% would be even better. It doesn't sound like you would be losing anything by paying the student loans, and you could then use the money freed from your loan payments to pay down your car faster."}
{"_id": "35361", "title": "", "text": "Luckily for them the quality of their originals is generally much higher the other contemporary content they buy, minus the odd blockbuster. Sometimes so much so it seems purposeful.   I think their business model of betting on content is at the least more interesting than most of the other media platforms out there - at least they're adding legitimate value to the entire creative ecosystem while they attempt to achieve critical mass.   I'm still shocked by some of their reported series budgets (Bloodline comes to mind). Generally though I think they're pushing TV in the right direction creatively and otherwise."}
{"_id": "35364", "title": "", "text": "Anti-trust would be where Walmart and Amazon are in collusion, since they run similar businesses. Walmart is not in the trucking business, so it is not colluding to make the trucking industry into an effective monopoly.      EDIT: Restrictive contracts that dictate what business another party can perform are commonplace. There are non-competes between employers and employees. Sponsors might dictate what products a personality can endorse or not. A lender might dictate to a brick and mortar store what products it must carry ...      EDIT2: Along related lines Amazon has a clause on ebook pricing which says, regardless of the price an author sets on their own ebook, Amazon can sell that ebook for less if the ebook is cheaper at any other vendor."}
{"_id": "35365", "title": "", "text": "104 million subscribers on a global scale makes sense. South America and Europe have movie license that make their selection far more entertaining than the mostly independent catalog of USA Netflix. Not to mention that 104 million people on a Global Scale isn't all that much, barely coming in at 1.4% of the global population."}
{"_id": "35369", "title": "", "text": "\"Investing in gold without having physical gold is not really a hedge against inflation. GLD is really more for speculation, not protection against serious inflation. If there is any kind of inflation worth really protecting yourself against then one thing you will notice at its onset is a divergence in the price of physical and GLD; with GLD offering very little protection if any against inflation. Ultimately holders of GLD will demand physical metal and the physical price will rise and the paper price will fall. I would advise you to study physical gold before you purchase GLD for that reason. EDIT: Just adding this to my answer - I don't know why I didn't put it in before, and I hasten to add that I'm not an expert though a little investigation will show you that this is at least one option for owning gold. If you think of having the physical gold yourself at one end of the spectrum and buying GLD at the other; so that you don't need to take physical delivery, there is another scenario which I understand is in between (and sorry I don't actually know what it's referred to as) but it's where you buy the physical gold but instead of taking delivery the bars are stored for you in a vault - these bars are numbered and you actually own what you have paid for and theoretically you could go and visit your gold and actually remove it because it's your gold - as opposed to having paper GLD which in my understanding is a \"\"right to take physical delivery\"\" of gold - and this is slightly different - of course unlike GLD you actually have to pay a storage fee and of course unlike having the physical gold buried in your garden or something you are not entirely secure against say a robbery of the vault, and you are also depending on the company not to sell the same bar to more than one person - but that's the only think that their reputation is built on, and a company like that would live or die by the reputation - ( and of course you might lose the proverbial gold buried in the garden either, so nothing's 100% secure anyway really )\""}
{"_id": "35379", "title": "", "text": "Explained in T4002.  http://www.cra-arc.gc.ca/E/pub/tg/t4002/t4002-e.html If you buy a computer, cellular telephone, fax machine, or other such   equipment, you cannot deduct the cost. You can deduct CCA and interest   you paid on money you borrowed to buy this equipment that reasonably   relates to earning your business income. For more information on CCA,   see Chapter 4. It sounds like a class 8 for CCA if you follow the links. Class 8 with a CCA rate of 20% includes certain property that is not   included in another class. Examples are furniture, appliances, and a   tool costing $500 or more, some fixtures, machinery, outdoor   advertising signs, refrigeration equipment, and other equipment you   use in business. Photocopiers and electronic communications equipment, such as fax   machines and electronic telephone equipment are also included in Class   8."}
{"_id": "35388", "title": "", "text": "You can't transfer mortgages when you purchase a new property. You can purchase a new property now, or you can refinance your current property now and leverage yourself as far as possible while rates are low. The higher rates you are worried about may not be as bad as you think. With higher interest rates, that may put downward pressure on housing prices, or when rates do rise, it may simply move from historic lows to relative lows. I had a mortgage at 4.25% that I never bothered refinancing even though rates went much lower because the savings in interest paid (minus my tax deduction for mortgage interest) didn't amount to more than the cost of refinancing. If rates go back up to 5%, that will still be very affordable."}
{"_id": "35394", "title": "", "text": "The clusterfuck you mention was a real estate bubble built with the full backing of bankers. The problem is that real estate bubbles are very profitable to selected few, so there is a huge incentive in building them.   I do wish some economist would be able to come up with new way of doing business in which we would not always build these bubbles that inevitably will burst.   I do feel bad for all the bagholders in spain who were no longer able to sell the real estate they bought for higher amount of money as all the others before them.    It is ridicilous that after all the bubbles in history we still do business like this."}
{"_id": "35414", "title": "", "text": "My favorite part:  Any bank with a leverage ratio greater than 10% can elect to be exempt from:  &gt;(1) Any Federal law, rule, or regulation addressing capital or liquidity requirements or standards.  &gt;(2) Any Federal law, rule, or regulation that permits an appropriate Federal banking agency to object to a capital distribution.  &gt;(3) Any consideration by an appropriate Federal banking agency of the following:  &gt;(A) Any risk the qualifying banking organization may pose to \u201cthe stability of the financial system of the United States\u201d, under section 5(c)(2) of the Bank Holding Company Act of 1956.  &gt;(B) The \u201cextent to which a proposed acquisition, merger, or consolidation would result in greater or more concentrated risks to the stability of the United States banking or financial system\u201d, under section 3(c)(7) of the Bank Holding Company Act of 1956, so long as the banking organization, after such proposed acquisition, merger, or consolidation, would maintain a quarterly leverage ratio of at least 10 percent.  &gt;(C) Whether the performance of an activity by the banking organization could possibly pose a \u201crisk to the stability of the United States banking or financial system\u201d, under section 4(j)(2)(A) of the Bank Holding Company Act of 1956.  &gt;(D) Whether the acquisition of control of shares of a company engaged in an activity described in section 4(j)(1)(A) of the Bank Holding Company Act of 1956 could possibly pose a \u201crisk to the stability of the United States banking or financial system\u201d, under section 4(j)(2)(A) of the Bank Holding Company Act of 1956, so long as the banking organization, after acquiring control of such company, would maintain a quarterly leverage ratio of at least 10 percent.  &gt;(E) Whether a merger would pose a \u201crisk to the stability of the United States banking or financial system\u201d, under section 18(c)(5) of the Federal Deposit Insurance Act, so long as the banking organization, after such proposed merger, would maintain a quarterly leverage ratio of at least 10 percent.  &gt;(F) Any risk the qualifying banking organization may pose to \u201cthe stability of the financial system of the United States\u201d, under section 10(b)(4) of the Home Owners' Loan Act.  &gt;(4) Subsections (i)(8) and (k)(6)(B)(ii) of section 4 and section 14 of the Bank Holding Company Act of 1956.  &gt;(5) Section 18(c)(13) of the Federal Deposit Insurance Act.  &gt;(6) Section 163 of the Financial Stability Act of 2010.  &gt;(7) Section 10(e)(2)(E) of the Home Owners\u2019 Loan Act.  &gt;(8) Any Federal law, rule, or regulation implementing standards of the type provided for in subsections (b), (c), (d), (e), (g), (h), (i), and (j) of section 165 of the Financial Stability Act of 2010.  &gt;(9) Any Federal law, rule, or regulation providing limitations on mergers, consolidations, or acquisitions of assets or control, to the extent such limitations relate to capital or liquidity standards or concentrations of deposits or assets, so long as the banking organization, after such proposed merger, consolidation, or acquisition, would maintain a quarterly leverage ratio of at least 10 percent.  yeah, what could go wrong?"}
{"_id": "35415", "title": "", "text": "fire and water damage repair  ---Triton Renovation has been the authority on Conroe water damage for over a decade. With their team of experts, they have the ability to handle any renovation or repair you would need whether it be commercial or residential."}
{"_id": "35419", "title": "", "text": "I think it is even less than that. I want to say it's around $1.2B, but there is a law in South Dakota that allows the judge to quadruple the final bill if the defendant is found guilty.   Source: I live about 10 miles from BPI and work in food manufacturing, so this is all that anyone is talking about around here.  Anti-source: Had a few beers, so something something grain of salt."}
{"_id": "35425", "title": "", "text": "We work for each other.  When people come here and join our economy, they create as many jobs as they consume.  It's not like there's this fixed number of jobs in an empty country and we all walk in and fill them and then there's no more.  That's not how economies work.   They spend money just like we do.   The difference is, we didn't have to cover the cost of raising them.  It's free productivity in it's prime.  A gift to any economy, and we spit in it's face."}
{"_id": "35434", "title": "", "text": "Edmunds.com has a really cool guide that calculates some of these intangibles for a wide swath of cars under their True Cost to Own Ratings section. I highly recommend it."}
{"_id": "35442", "title": "", "text": "The three rating agencies S&amp;P,Moodys &amp; Fitch were the Architects of the 2007-2008 Financial crisis.  [Start here ](https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis )   The Fed is now planning to unwind its [balance sheet](https://www.bloomberg.com/news/articles/2017-07-26/fed-says-balance-sheet-unwind-to-start-relatively-soon-j5lbf6ik) in October  The Feds balance sheet contains the same crap these assholes rated AAA  And so now as times come to try and sell that shit, they the rating agencies reappear to create misdirection while this hoax on the Global financial system is perpetrated."}
{"_id": "35460", "title": "", "text": "This is why financial industry rules reform and stricter oversight is so necessary.   Information is money and information should be universally accessible or off limits for use. People knowing things others can't makes them money and costs money for the people not in the know. This is the antithesis of free markets."}
{"_id": "35461", "title": "", "text": "I'll consent to this. I get it. But the shop itself is making about 80-100k a month in sales. I realize the wind could shift but as long as I recoup the initial 92k I wouldn't be out any monies. It would take almost a year since each harvest period is 66 days but I get what you mean"}
{"_id": "35469", "title": "", "text": "[http://www.businessweek.com/magazine/content/04_48/b3910041_mz011.htm](http://www.businessweek.com/magazine/content/04_48/b3910041_mz011.htm)  K-Mart and Sears merged under the direction of Eddie Lampert.  Supposedly it was partially a giant middle finger to the board of directors at Sears who had not allowed Eddie Lampert to make changes he wanted to make to Sears.  He used his investment firm's assets to buy up a sizable chunk of K-Mart while Chairman of Sears, then had K-Mart and Sears merge, giving him a more controlling stake of the corporation.  It seems he has not been able to deliver on the promise of revolutionizing the two stores to compete better in the modern economy though, as the two parts continue to struggle (as made obvious by these closures)."}
{"_id": "35471", "title": "", "text": "He won't find one because he's full of shit.  \u201cALL or 100 PERCENT BEEF (Patty Mix)\u201d:  Beef patty mix may be labeled \u2014all,\u201c \u2014pure,\u201c or \u2014100 percent beef,\u201c when the only added  ingredients are partially defatted chopped beef or finely textured beef. An ingredients  statement would be required on bulk packed product but not retail packages. \u2014All,\u201c  \u2014Pure,\u201c or \u2014100 percent,\u201c may not be used if partially defatted beef fatty tissue (PDBFT),  is used or mechanically separated species (MSS), are used.  http://www.fsis.usda.gov/OPPDE/larc/Policies/Labeling_Policy_Book_082005.pdf"}
{"_id": "35500", "title": "", "text": "In finance, short selling (also known as shorting or going short) is the practice of selling assets, usually securities, that have been borrowed from a third party (usually a broker) with the intention of buying identical assets back at a later date to return to the lender. Remember your broker has to borrow it from somewhere, other clients or if they hold those specific stocks themselves. So if it isn't possible for them to lend you those stocks, they wouldn't. High P/E stocks would find more sellers than buyers, and if the broker has to deliver them, it would be a nightmare for him to deliver all those stocks, which he had lent you(others) back to whom he had borrowed from, as well as to people who had gone long(buy) when you went short(sell). And if every body is selling there is going to be a dearth of stocks to be borrowed from as everybody around is selling instead of buying."}
{"_id": "35511", "title": "", "text": "would you say it's advisable to keep some of cash savings in a foreign currency? This is primarily opinion based.  Given that we live in a world rife with geopolitical risks such as Brexit and potential EU breakup There is no way to predict what will happen in such large events. For example if one keeps funds outside on UK in say Germany in Euro's. The UK may bring in a regulation and clamp down all funds held outside of UK as belonging to Government or tax these at 90% or anything absurd that negates the purpose of keeping funds outside. There are example of developing / under developed economics putting absurd capital controls. Whether UK will do or not is a speculation. If you are going to spend your live in a country, it is best to invest in country. As normal diversification, you can look at keep a small amount invested outside of country."}
{"_id": "35513", "title": "", "text": "The label presents itself as a tough and confident brand of casual clothing. It is a young and innovative brand that now no longer has to imagine the Dutch fashion image away. The modern man feels at home at the label and he can feel confident in an outfit from Jack &amp; Jones."}
{"_id": "35518", "title": "", "text": "Alright so you have $12,000 and you want to know what to do with it. The main thing here is, you're new to investments. I suggest you don't do anything quick and start learning about the different kinds of investment options that can be available to you with returns you might appreciate.  The most important questions to ask yourself is what are your life goals? What kind of financial freedom do you want, and how important is this $12,000 dollars to you in achieving your life goals.  My best advice to you and to anyone else who is looking for a place to put their money in big or small amounts when they have earned this money not from an investment but hard work is to find a talented and professional financial advisor. You need to be educated on the options you have, and keep them in lines of what risks you are willing to take and how important that principal investment is to you. Investing your money is not easy at all, and novices tend to lose their money a lot. The same way you would ask a lawyer for law advice, its best to consult a financial planner for advice, or so they can invest that money for you."}
{"_id": "35530", "title": "", "text": "Because your friend isn't going to like the ~2% charge they have to pay to the credit card company on the $10,000 purchase. Credit card companies make money off of transactions. The cardholder normally doesn't pay any transaction fees (and in fact can make a profit via rewards), but the merchant has to pay a certain amount of money to the credit card company for the transaction. In this case, the apartment owners ate the charge, likely because it was easier for them to send a check than to refund the cost of the fee through the credit card company. If you started doing this a lot to take advantage of this, I would imagine they would get smart and refuse your business (it'll be pretty obvious what you're doing if you're not signing any leases)."}
{"_id": "35533", "title": "", "text": "I would use neither method.  Taking a short example first, with just three compounding periods, with interest rate 10%.  The start value y0 is 1. So after three years the value is 1.331, the same as y0 (1 + 0.1)^3. Depreciating (like inflation) by 10% (to demonstrate) gets us back to y0 = 1 Appreciating and depreciating by 10% cancels out: Appreciating by 10% interest and depreciating by 3% inflation: This is the same as y0 (1 + 0.1)^3 (1 + 0.03)^-3 = 1.21805 So for 50 years the result is y0 (1 + 0.1)^50 (1 + 0.03)^-50 = 26.7777 Note You can of course use subtraction but the not using the inflation figure directly.  E.g. (edit: This appears to be the Fisher equation.) 2nd Note Further to comments, here is a chart to illustrate how much the relative performance improves when inflation is accounted for.  The first fund's return is 6% and the second fund's return varies from 3% to 6%.  Inflation is 3%."}
{"_id": "35534", "title": "", "text": "\"Once upon a time (not all that long ago), British cheques used to say something like \"\"Pay to the order of ..,,,, or bearer the sum of ...,..\"\"  (emphasis added) and could be cashed by anyone unless the cheque-writer drew two parallel lines in the upper left corner of the cheque. These lines converted the instrument into a crossed cheque which could only be deposited into a bank account of the payee; a bearer of the cheque could not walk into the bank and waltz out with the cash equivalent. Perhaps British banks no longer use this styling (Indian banks still do) but if that cheque for 60k is not a crossed cheque, it better be sent securely with lots of insurance. An uncrossed cheque is the same as cash since it can be cashed by anyone. That being said, I am with @mhoran_psprep in thinking that all this is just a scam with the OP (mug) being asked to send 3600 bucks to \"\"girlfriend\"\"  (scammer) to cover the cost of sending the check with full insurance, and when the check arrives and is deposited by OP into his bank, it will turn out to be a dud, and \"\"girlfriend\"\" will be long gone.  The description of how the girlfriend signed a contract for 90k and received 60k of this amount upfront, but in the form of a check payable to boyfriend (!) OP reeks of scam; is this scenario realistic?  In the past, I  have received offers (usually from Nigeria) from \"\"women\"\" wanting to be my girlfriend, and I am sure that such offers will continue to come in the future....\""}
{"_id": "35557", "title": "", "text": "Bill gates is founder of microsoft along with his friend allen.in microsoft as its vast empire increasing the wealth and enormous property of bill gates is increasing"}
{"_id": "35575", "title": "", "text": "Other than the guaranteed 5% bonus (assuming you sell it right away), no benefits. Keep in mind that the price from which the discount is calculated is not necessarily the market price at the date of the ESPP purchase, so the actual discount may be more than 5% (depending on the volatility of the stock - much more)."}
{"_id": "35590", "title": "", "text": "He just sees $X revenue, $X profit and assumes the guy is greedy.  Meanwhile he'll never start a company, sacrafice his free time to toil, be disciplined enough to forego luxuries to invest capital into the company or with sheer determination working nights and weekends to build something--- most people won't, but they'll criticize those who have, based on little more than a headline written by somebody else."}
{"_id": "35593", "title": "", "text": "With the following variables the periodic (annual) repayment is given by The recurrence equation for the balance b at the end of month x is derived from b[x + 1] = b[x] (1 + r) - d where b[0] = s giving The interest portion of the final payment is b[n - 1] r and the total principal repaid at the end of period n - 1 is s - b[n - 1] Solving simultaneously n = 8.9998 and s = 7240 The principal repaid at the end of the first period is s - b[1] or d - r s = 479.74"}
{"_id": "35620", "title": "", "text": "Thanks! They guys who worked on the Machine Learning and such REALLY know their business. We've had a couple successful pilots and the farmers using the system have been pretty stoked with it.   From what I understand, it's a lot of buzzwords meant to get you intrigued. I mean, they're all true, but it could've been more concise haha. I will pass along compliments :D"}
{"_id": "35624", "title": "", "text": "Have you ever made pizza?  Like American style, tons of toppings pizza?  I worked at a pizza restaurant for years and I can still never get it right at home.  The premade dough at Trader Joes is OK, but to do it right I have to make my own so I have to start it first thing in the morning.  Major pain in the ass.  That huge flat cooking surface that you can heat up to 500 degrees makes all the difference in how the crust comes out and my wife won't let me tear out the breakfast nook to install a pizza oven.  Plus if you want anything like a combination pizza that is just a ton of prep work with a lot of potential waste.   A well made steak?  A great pasta sauce?  Fried chicken?  Those I can make at home without a ton of work and at a fraction of the price.  But pizza I'll go out for every time."}
{"_id": "35625", "title": "", "text": "\"Two factors that positively your credit score are the number of open accounts you have in good standing, and the average age of the accounts. The more accounts you have in good standing, the more likely you seem to pay back what you borrow from new creditors. The older the average age of the accounts, the more you seem like an experienced borrower who has had many years of successful credit activity. Closing them would lower the total number of accounts in good standing you have, and would also likely lower the average account age (unless you've recently opened them). To \"\"simplify the number of cards you have\"\", pick the one or two you would consider cancelling (worst rewards/benefits, highest yearly fee, etc.) and just don't keep them in your wallet anymore. You don't have to worry about paying them off every month (because you don't buy anything with them) and you still get the credit score benefits of having the accounts open.\""}
{"_id": "35633", "title": "", "text": "Since GLD is priced as 1/10 oz of gold, I'd call it the preferred way to buy if that's your desire. I believe gold is entering classic bubble territory. Caveat emptor.  A comment brought me back to this question. My answer still applies, the ETF the best way to buy gold at the lowest transaction cost. The day I posted and expressed my 'bubble' concern, gold was $1746. Today, nearly 5 years later, it's $1350, a drop of 23%, plus an additional 2% of accumulated expenses. Note, GLD has a .4% annual expense. On the other hand, the S&P is up 80% from that time. In other words, $10K invested that day would be worth less than $7,700 had it been invested in gold, and $18,000 in stock. It would take a market crash, gold soaring or some combination of the two for gold to have been the right choice then. No one can predict short term movement of either the market or metals, my answer here wasn't prescient, just lucky."}
{"_id": "35640", "title": "", "text": "Hydro Extractor is designed for continuous operation, heavy-duty use and to remove water from load of clothing and other textiles, usually shortly after they come from washing machine. Hydro extractor usually works on the principle of centrifugal force creating high gravitational force enhancing water extraction from wet cloths."}
{"_id": "35651", "title": "", "text": "\"First of all, never ask a realtor for advice. The realtor represents the SELLER. Blankip's advice above is by far the most accurate of the previous answers. The first step is to estimate the market. Look at past sales in the neighborhood over time, and from them estimate the prospects for the house at different time durations. Based on other sales, how fast do you think the house will sell at a given price? 60 days, 90 days, a year? If a house is high priced, that means the seller is prepared to wait. He is saying \"\"I am happy to wait a year to find somebody who will pay this.\"\" Next, who is the owner? Young professional? Retiring couple? Landlord? Flipper? Who is it? The more you know about the owner, the better. Everybody has a time table, you need to find out what that is. Next, what is YOUR timetable? You need the house by the end of the month, or by the end of the year, or never, which is it? Objectively rate the house. Plusses and minuses. Good houses are those which everybody else hates and you love. You will get the best price there. (Assuming you need to find a house in 90 days) Based on these considerations determine the lowest price you think the owner will accept in a 30-day time frame. Make a written offer with an address and email, no phone number. If he comes back with a counter offer, ignore it. If for some reason a realtor has your number and calls you, tell them \"\"My written offer speaks for itself. I have nothing further to say.\"\" It is very important not to entertain haggling or counter offers. Don't even pick up the phone. He has your WRITTEN offer. He can email or write you: I accept.  If the 30-days elapse, move onto your #2 choice and make a more aggressive offer. If that doesn't work, go to choice #3 and accept the listed price. This strategy may seem counter-intuitive because the natural tendency for people is to want to communicate. Trust me: the way to succeed in a negotiation is to NOT communicate. Make your offer and that is that. That is the pro way to do it, and will produce the best result for a short-term situtation. Long term situation If you are an investor (\"\"flipper\"\"), or have a lot of time to wait/spend, you can use a different strategy which involves pressuring the seller. What you do here is find a property you want in which the owner is vulnerable. That means someone who is old, bankrupt, out of work, indicted and on their way to prison or already in prison, etc. Bank owned properties fall into this category. In this case you figure out the 6-month price or however long you are willing to work on it. Then you pester the person. Become their buddy. Visit them in prison. Take the bank officer to lunch. Show up on holidays. Invite them to Thanksgiving. Start a relationship. Every two weeks you pester them. Want to sell yet? Want to sell yet? You basically harass them until they capitulate. Maybe it takes 6 months. Maybe it takes 2 years. Eventually they will give in. By this means you can get a much better deal than in strategy 1 above, but it takes a lot more time and effort and is appropriate more for an investor.\""}
{"_id": "35674", "title": "", "text": "I live in Japan now, and it is well known that almost all young people move to Tokyo/Osaka at some point in their lives - and the major cities are soaking up the populations of smaller towns around them - so even with a declining birth rate, larger regional towns are growing (and new housing and development happening) as the rural villages are basically abandoned en masse.   I wonder how the perception of \u201cmoving to California for work\u201d - which was very common when I was young 30 years ago, compares to the \u201cmoving to Tokyo\u201d feeling in Japan. Tokyo has always kept growing and adding housing/apartments (similar to suburban sprawl as it overgrows Saitama), vs the very tight housing market for San Francisco - but people plan to leave Tokyo at some point."}
{"_id": "35675", "title": "", "text": "Actually his mom died recently so I'd take it easy on the guy.  Not saying he's not a major ass, but the universe is hitting him pretty hard right now.  No class in kicking a man when he's down."}
{"_id": "35678", "title": "", "text": "I wouldn't call them another Snapchat. They aren't dependent on advertising and they are actually in a pretty decent position. What is concerning is that moving forward they think they advertising will make up for their losses and be enough to set them apart.  Other than that... They have been cashing in the shift away from cable and the 'purchase only the networks you watch' mentality. They have the brand people like and trust, they have the hardware, and they are pretty boring at the end of the day. I think they'll be one of the few who survive if there were to be a major tech crash coming up."}
{"_id": "35680", "title": "", "text": "Yes, you should be saving for retirement. There are a million ideas out there on how much is a reasonable amount, but I think most advisor would say at least 6 to 10% of your income, which in your case is around $15,000 per year. You give amounts in dollars. Are you in the U.S.? If so, there are at least two very good reasons to put money into a 401k or IRA rather than ordinary savings or investments: (a) Often your employer will make matching contributions. 50% up to 6% of your salary is pretty common, i.e. if you put in 6% they put in 3%. If either of your employers has such a plan, that's an instant 50% profit on your investment. (b) Any profits on money invested in an IRA or 401k are tax free. (Effectively, the mechanics differ depending on the type of account.) So if you put $100,000 into an IRA today and left it there until you retire 30 years later, it would likely earn something like  $600,000 over that time (assuming 7% per year growth). So you'd pay takes on your initial $100,000 but none on the $600,000. With your income you are likely in a high tax bracket, that would make a huge difference. If you're saying that you just can't find a way to put money away for retirement, may I suggest that you cut back on your spending. I understand that the average American family makes about $45,000 per year and somehow manages to live on that. If you were to put 10% of your income toward retirement, then you would be living on the remaining $171,000, which is still almost 4 times what the average family has. Yeah, I make more than $45,000 a year too and there are times when I think, How could anyone possibly live on that? But then I think about what I spend my money on. Did I really need to buy two new computer printers the last couple of months? I certainly could do my own cleaning rather than hiring a cleaning lady to come in twice a month. Etc. A tough decision to make can be paying off debt versus putting money into an investment account. If the likely return on investment is less than the interest rate on the loan, you should certainly concentrate on paying off the loan. But if the reverse is true, then you need to decide between likely returns and risk."}
{"_id": "35691", "title": "", "text": "\"Anyone who needs to DEMAND respect... hasn't *earned* it, and probably won't get it.  What he'll get instead is lip-service &amp; ass-kissing... stuff that *appears* to be \"\"respect\"\" but really isn't.  But, at the same time, you can't really \"\"be friends\"\" with employees... they're *not* their to be your \"\"friends\"\" (nor are they \"\"like-family\"\") -- that doesn't mean you cannot be \"\"friendly\"\" (i.e. civil &amp; courteous, even -- to a degree -- empathetic &amp; understanding) -- but there is a difference between being \"\"friendly\"\" and trying to make people into your \"\"friends\"\" (i.e. drinking buddies, etc).  So how do you EARN respect?  Start by being respectful -- give credit where it is due (and make sure you KNOW where it is actually *due* -- don't just give credit to the ass-kissers &amp; self-promoters).  Likewise, you can \"\"ASS-U-ME Authoritay\"\" --- or you can \"\"take on a role of RESPONSIBILITY &amp; ACCOUNTABILITY\"\" -- there is a world of difference between those two as well.  Of course -- within a \"\"family\"\" business -- you're going to have difficulties doing all of those things *unless* the current management has already established a \"\"culture\"\" that facilitates it.  Given your father's mixed statements (and the general tendency of \"\"family\"\" owned businesses -- and the fact that you are being promoted to a managerial role *primarily* because you ARE a member of the family) -- well, that seems somewhat unlikely.\""}
{"_id": "35709", "title": "", "text": "\"I'm sure that I can find enough people who would disagree with you on what you'd consider a decent movie to invalidate that argument.  edit: [2012](http://en.wikipedia.org/wiki/2012_(film\\)). \"\" It received generally mixed to negative reviews from critics and its wordwide theatrical revenue reached approximately $769 million.\"\" There was no shortage of bad movies, nor was their any shortage of bad movies that made millions. Indeed, one of the true signs of the coming apocalypse isn\u2019t contained in the Mayan calendar but in the fact that \"\"2012\"\" made a ziggurat of money.\"\"\""}
{"_id": "35725", "title": "", "text": "I drive to many destinations every day. My average week is 10-15 destinations 5 of which will be new. I have two other nav apps (waze, navigon) Apple maps is fucking terrible! 5 times it has taken me to the complete wrong destination, many blocks from the correct one. You can search for something obvious that is near you and will insist on giving you something on another continent. That is not an exaggeration. You can search for the same thing in detail (name city state) and it will find no results. Waze or google find it only by name. All this happens to me in Silicon Valley where I work and live. No lie I have been taken to the wrong block in Cupertino. They shouldn't just fire him, someone ought to kick his ass. End rant"}
{"_id": "35736", "title": "", "text": "\"Also posting here to get answers  1) In pre-university education, what do I list along with my A levels? Are AS levels and GCSEs necessary?  2) Should i upload a degree transcript? (they say its optional hence why i'm asking)  3) Does the answer to \"\"How did you hear about JPM/GS/CS/BAML?\"\" affect your application? (moronic i know, but i thought better to know than to be clueless)  4) Do your answers to the equal opportunities form affect your application? (just want to know since its almost accepted now that if youre not a white male, your application will get scrutinised in some way depending on the reader, and i'm not white)  5) Following on from the previous question, my first name is Mohammad so should I consider changing my name on my CV and application forms? Again because of the bad press that Muslims get, and since Mohammad is such an obvious Muslim name. I also speak an Asian language so should i list that on my form/CV? I know this sounds like I want to hide my identity, but believe me it's the last thing I want to do. It's just something I feel like I might have to do. Nor do I want any sympathy for doing this. It's something a friend of mine suggested and I want to get people's opinions.\""}
{"_id": "35748", "title": "", "text": "there is no tax for receiving money from outside of india paypal just take their charges only"}
{"_id": "35752", "title": "", "text": "For a long term gain you must hold the stock a year and a day, so, the long term hold period will fall into 2015 regardless. This is the only tax related issue that occurs to me, did you have something else in mind?  Welcome to Money.SE."}
{"_id": "35754", "title": "", "text": "\"I'm guessing what happens:  1) Business owner notices they have a bad review on Yelp.  If they're dishonest they astroturf and get busted... but what if they're honest?  2) They start asking customers to review them.  Maybe put up a little sign \"\"review us on Yelp!\"\".  3) This produces honest reviews... however, none of those users are regular Yelpers.  They're single-purpose accounts made just to review this business.  So how does that look to Yelp?  Like astroturf.  Like they're faking it.  So they get filtered.  4) You get a business whose only online user reviews are the *one* bad review, with a million filtered good ones.\""}
{"_id": "35758", "title": "", "text": "\"This is one-sided and a terrible guest for freakonomics. 'Marriage rates re low because men aren't marriage material anymore\"\" That's laughable.. Marriage rates are low because men don't want to marry loose girls, marriage itself is a lose-lose financial contract for men, men don't want to marry an obese and unattractive woman.. I could go on and on.\""}
{"_id": "35769", "title": "", "text": "&gt;He changed it at the Hayden Planetarium before the vote.  They built the planetarium with one less planet instead of adding 4 more.  &gt;It's not. It is more massive, not larger.  It's similar in both size and orbit.  And so is Quaoar, and so is Sedna, and so is Eris, and on and on.  There have, since 2000, been more than a dozen dwarf planets discovered that are all almost the exact same size as Pluto with the same lack of gravitational pull to make them classified as planets.  &gt;The definition of planet is arbitrary and it would be easy to make a definition to include or exclude. The decision to lead the charge for declassify is a publicity move that worked very well for him.  And again, you would be here saying the same fucking thing if the IAU had gone the other way and now we were teaching kids about the 22 planets of the solar system.  And then 23.  And 24.  And on and on as we find more and more.  I'm sorry you disagree with the classification, but it has zero to do with publicity of Neil Degrasse Tyson and everything to do with astrophysicists needing a way to classify these celestial bodies that they are constantly discovering.  Sounds like you got a personal beef with /u/neiltyson more than a problem with the IAU classification though, for some unknown reason."}
{"_id": "35772", "title": "", "text": "Funds can't limit themselves to a small number of stocks without also limiting themselves to a small amount of total investment. I think 25 companies is too small to be practical from their point of view."}
{"_id": "35777", "title": "", "text": "\"Deuteronomy 14:28 - \"\"at the end of every third year you shall bring out all the tithe of your produce that year and shall deposit it in your town.\"\"  Deuteronomy 15:8 - \"\"but you shall freely open your hand to him, and shall generously lend him sufficient for his need in whatever he lacks.\"\"  Proverbs 19:17 - \"\"One who is gracious to a poor man lends to the LORD, and he will repay him for his good deed.\"\"  Matthew 5:42 - \"\"Give to him who asks of you, and do not turn away from him who wants to borrow from you.\"\"  Luke 18:22 - \"\"When Jesus heard this, He said to him, \"\"One thing you still lack; sell all that you possess and distribute it to the poor, and you shall have treasure in heaven; and come, follow me.\"\"  1 Corinthians 16:1-3 -  \"\"Now concerning the collection for the saints, as I directed the churches of Galatia, so do you also. On the first day of every week each one of you ja to put aside and save as he may prosper so that no collections be made when I come. When I arrive, whom Weber you may approve, I will send them with letters to carry your gift to Jerusalem.\"\"  Boy the Bible seems to be pretty clear that charity is compulsory. And that money must be sent aside for the poor if you are to receive Gods light.\""}
{"_id": "35788", "title": "", "text": "It starts with the optics.   Isn't this the sort of *ends justify the means* attitude that led Uber to where it is today?  Recruiting a woman to replace Kalanick with the primary goal of creating the appearance that it cares about its reportedly horrid corporate culture is exactly the type of thinking Uber could do without."}
{"_id": "35806", "title": "", "text": "&gt;Approximately 4.6 American adults will turn 65 every minute of 2012, and by 2015 that number will increase, to 8, according to the U.S. Census Bureau. That means there is still time to get the corporate house in order before the departures commence en masse.  so I'll be out of college a year after this happens? schweeeet"}
{"_id": "35810", "title": "", "text": "Making a game is hard enough, focus on that. If/when you start getting close to having something to sell, then if you're serious and want the company to grow into a full time venture, briefly consult with a lawyer and possibly accountant to set this up. It will save you a lot of time researching what you have to do and a lot of headache from potentially doing things wrong. If you want to try to do it on your own, I'd recommend getting a book on starting a business because there is more to know than a single post can cover.  You'll probably have to file for a DBA (doing business as) at your city hall in order to be allowed to refer to yourself as the name of your company (otherwise you have to use your personal name). Initiating that will likely initiate annual business taxes in your town in addition to the cheap filing fee. You also want to consider how you will handle trademark (of your business and game) and copyright (of your game). If this is going to grow, you'll have to have contracts written for either employees or for freelancers who might produce assets for you. You may also need to consider writing an EULA for your game, privacy policies, etc. Additionally, you'll likely have to file with your state to collect and send sales tax. You'll also want to meticulously track costs and revenue related to your business. Formally starting a business will likely open you up to property, sales and income tax. For example, where I am, was even taxed on the equipment the business uses (e.g. computers). This is why it makes sense to wait until you're closer to having a product before you try to formally start a business and to consult with professionals on the best way.  The type of business you should form will depend on the scope you plan for the company and the amount of time/money you're willing to put in. A sole proprietorship (what you are by default) means there is no difference legally/financially between you as an individual and you as a company. This may be suitable if this is just a hobby, but not if you intend it to grow because that means any lawsuit directed at your company and its money is also directed at you and your money. The differences between an LLC and corporation are more nuanced and involve differences in legal and tax treatment, however, they both shield you from the previously mentioned problem. If you want this to be more than a hobby you should form either an LLC or a corporation. Do some research on the differences and how they might apply to you and in your state."}
{"_id": "35821", "title": "", "text": "For some reason I have a doubt that you have ever payed taxes in california.  Money has been injected into these areas. The fact that they need to be cut should be proof of that. You can't cut money that was never given."}
{"_id": "35834", "title": "", "text": "If you had originally borrowed $100k at 4.75% for 15 years, the last 5 years would include a total of $3,300-$3,500 in interest payment. That is the total universe of savings available to you if you were able to get a 0.0% mortgage. Unless the mortgage is huge, I think that in most scenarios the upfront closing costs, taxes and other fees would immediately exceed any savings. If you have the money, pay it down. Otherwise, keep on truckin' -- you have 60 short months to go."}
{"_id": "35856", "title": "", "text": "\"What do you think the problem is? I notice you edited your post after I read it.   &gt;The \"\"value\"\" of HUMAN labor is determined by supply and demand, right? I hire people right now because they are the cheapest supercomputers with arms available for me right now.  No, you hire people because they have skills to do tasks with their labor. We will *always* think of new ways to be useful, new things to do, that people will want done, will value being done, and will purchase labor to get done.   When we stopped using horses &amp; buggies, all the people in those industries didn't just throw up their hands and walk away from work. *They figured out new ways to create value with their labor*, and the world went on.\""}
{"_id": "35865", "title": "", "text": "Just reading your comment more it is so far off topic. Investor rationality is so far off topic. The outside  investor made a decision to invest already. The owner is being forced make investment decisions. Noting in the article is talking about taking those choices away.  There should be a separate sub for people like who want to make off topic challenges of capitalism. It's disruptive. I can't make a comment with debating every assumption endlessly."}
{"_id": "35871", "title": "", "text": "Yes. I would recommend. I wasn't a big fan of the conspiracy theory angle. I ignored that but I leave that up to you.  But everything else in the book is very good. Good explanations on money and what bailouts really do etc."}
{"_id": "35875", "title": "", "text": "\"As mentioned in other answers, you find out by reading the Rulebook for that commodity and exchange.  I'll quote a couple of random passages to show how they vary: For CME (Chicago Mercantile Exchange) Random Length Lumber Futures, the delivery is ornate: Seller shall give his Notice of Intent to Deliver to the Clearing   House prior to 12:00 noon (on any Business Day after termination of   trading in the contract month. 20103.D. Seller's Duties If the buyer's designated destination is east of the western boundaries of North Dakota, South Dakota, Nebraska,   Kansas, Texas and Oklahoma, and the western boundary of Manitoba,   Canada, the seller shall follow the buyer's shipping instructions   within seven (7) Business Days after receipt of such instructions. In   addition, the seller shall prepay the actual freight charges and bill   the buyer, through the Clearing House, the lowest published freight   rate for 73-foot railcars from Prince George, British Columbia to the   buyer's destination. If the lowest published freight rate from Prince   George, British Columbia to buyer's destination is a rate per one   hundred pounds, the seller shall bill the buyer on the weight basis of   1,650 pounds per thousand board feet. The term \"\"lowest published   freight rate\"\" refers only to the lowest published \"\"general through   rate\"\" and not to rates published in any other rate class. If, however, the buyer\u2019s destination is outside of the aforementioned   area, the seller shall follow the same procedures except that the   seller shall have the right to change the point of origin and/or   originating carrier within 2 Business Days after receipt of buyer\u2019s   original shipping instructions. If a change of origin and/or   originating carrier is made, the seller shall then follow the buyer's   revised instructions within seven (7) Business Days after receipt of   such instructions. If the freight rate to the buyer's destination is not published, the   freight charge shall be negotiated between the buyer and seller in   accordance with industry practice. Any additional freight charges resulting from diversion by the buyer   in excess of the actual charges for shipment to the destination   specified in the shipping instructions submitted to the Clearing House   are the responsibility of the buyer. Any reduction in freight charges   that may result from a diversion is not subject to billing adjustment   through the Clearing House. Any applicable surcharges noted by the   rail carrier shall be considered as part of the freight rate and can   be billed to the buyer through the CME Clearing House. If within two (2) Business Days of the receipt of the Notice of Intent   the buyer has not designated a destination, or if during that time the   buyer and seller fail to agree on a negotiated freight charge, the   seller shall treat the destination as Chicago, Illinois. If the buyer   does not designate a carrier or routing, the seller shall select same   according to normal trade practices. To complete delivery, the seller   must deposit with the Clearing House a Delivery Notice, a uniform   straight bill of lading (or a copy thereof) and written information   specifying grade, a tally of pieces of each length, board feet by   sizes and total board feet. The foregoing documents must be received   by the Clearing House postmarked within fourteen (14) Business Days of   the date of receipt of shipping instructions. In addition, within one (1) Business Day after acceptance by the   railroad, the Clearing House must receive information (via a telephone   call, facsimile or electronic transmission) from the seller giving the   car number, piece count by length, unit size, total board footage and   date of acceptance. The \ufffcdate of acceptance by the railroad is the   date of the bill of lading, signed and/or stamped by the originating   carrier, except when determined otherwise by the Clearing House. For some commodities you can't get physical delivery (for instance, Cheese futures won't deliver piles of cheese to your door, for reasons that may be obvious) 6003.A. Final Settlement There shall be no delivery of cheese in settlement of this contract.   All contracts open as of the termination of trading shall be cash   settled based upon the USDA monthly weighted average price in the U.S.   for cheese. The reported USDA monthly weighted average price for   cheese uses both 40 pound cheddar block and 500 pound barrel prices. CME gold futures will deliver to a licensed depository, so you would have to arrange for delivery from the depository (they'll issue you a warrant), assuming you really want a 100 troy oz. bar of gold: CONTRACT SPECIFICATIONS The contract for delivery on futures contracts shall be one hundred   (100) troy ounces of gold with a weight tolerance of 5% either higher   or lower. Gold delivered under this contract shall assay to a minimum   of 995 fineness and must be a brand approved by the Exchange. Gold meeting all of the following specifications shall be deliverable   in satisfaction of futures contract delivery obligations under this   rule: Either one (1) 100 troy ounce bar, or three (3) one (1) kilo bars. Gold must consist of one or more of the Exchange\u2019s Brand marks, as provided in Chapter 7, current at the date of the delivery of   contract. Each bar of Eligible gold must have the weight, fineness, bar number, and brand mark clearly incised on the bar. The weight may be   in troy ounces or grams. If the weight is in grams, it must be   converted to troy ounces for documentation purposes by dividing the   weight in grams by 31.1035 and rounding to the nearest one hundredth   of a troy ounce. All documentation must illustrate the weight in troy   ounces. Each Warrant issued by a Depository shall reference the serial number and name of the Producer of each bar. Each assay certificate issued by an Assayer shall certify that each bar of gold in the lot assays no less than 995 fineness and weight of   each bar and the name of the Producer that produced each bar. Gold must be delivered to a Depository by a Carrier as follows: a. directly from a Producer; b. directly from an Assayer, provided that such gold is accompanied by   an assay certificate of such Assayer; or c. directly from another Depository; provided, that such gold was   placed in such other Depository pursuant to paragraphs (a) or (b)   above.\""}
{"_id": "35878", "title": "", "text": "As the State Lottery chances get ever higher, lottoplayingtowin keeps on winning them with his superb, grant-winning e-book and playing procedures. After precisely anticipating the winning numbers for more than 90 different first prize for winning lottery system. While some trust that your odds of winning the lottery add up to simply immaculate blind luckiness, there are other people who staunchly maintain the conviction that embracing certain methodologies will enable you to put the chances more to support you."}
{"_id": "35879", "title": "", "text": "HFT doesn't increase correlations nor do hedge funds, If you look at the euro crisis, correlations have skyrocketed, then in late december jan and feb during the rally the correlations started subsiding and specific risk started taking over, crisis mode increases correlations."}
{"_id": "35883", "title": "", "text": "Right to all of that but don't they still need US Treasuries to keep their currency competitive? Even if they don't need USD to buy and sell their goods, the skyrocketing value in their currency would grind their exports to a halt, no? And even then, losing such a massive part of their trade would be catastrophic."}
{"_id": "35889", "title": "", "text": "It's nice that she's willing and able to give free lessons. I caution that her students (or their parents) won't really value the lessons unless they are paying for them. Charge enough to make the lessons worthwhile to the student/family, even if you are giving a friendly discount to market rates. $50 per 45-minute lesson is market (at least where I live). $40 would be a good deal. $25-30 is quite a deal. Books are extra, of course. (2017 rates)"}
{"_id": "35919", "title": "", "text": "Just playing devil's advocate: A falling stock price impairs the firm's ability to raise equity capital efficiently. In these times, additional regulatory capital requirements continue to be levied on the banks, and they are faced with raising capital inefficiently, which may impair their ability to pay their debt, which may lead to a ratings downgrade."}
{"_id": "35922", "title": "", "text": "It will take a bit of sacrifice.  First, I'd review spending. Between you and all your family, try to separate the 'needs' from the 'wants' and cut out 75% of the 'wants.' Second, there's almost always part time work that can help raise extra money. Even if it's a small fraction of your current hourly pay, every bit you and your family can throw at that 30% debt will help get rid of it and help you get to the point when you can refinance the mortgage."}
{"_id": "35927", "title": "", "text": "Ooh let me ramble a bit, for this is very true in my case. The very second I feel even slightly patronized, I shut down and create a negative judgment of the company. Especially when the marketing methods they use are as transparent as a dad with a vagina.   Unrealistically attractive persons using product,  ridiculous dialogue with YouTube comedian level humor, ANY product placement/celebrity endorsements, etc.  It feels insulting and gives companies and advertisers a sort of malicious persona and therefor unworthy of my shmeckles.  On the other hand some advertisements seem more subtle and respectful, being more informative rather than persuasive or cunning, and that's what I want to see more of.  Hopefully it's not just me but I could be too cynical. It's hard not to be these days."}
{"_id": "35955", "title": "", "text": "Wendy's has the best-tasting food between them, BK and McDonald's. I'm not sure what their problem is.  It could be that, in my area at least, there's 20 McDonalds and 10 BK's for every one Wendy's."}
{"_id": "35971", "title": "", "text": "Dividend reinvestment plans are a great option for some of your savings. By making small, regular investments, combined with reinvested dividends, you can accumulate a significant nest egg. Pick a medium to large cap company that looks to be around for the foreseeable future, such as JNJ, 3M, GE, or even Exxon. These companies typically raise their dividends every year or so, and this can be a significant portion of your long term gains. Plus, these programs are usually offered with miniscule fees. Also, have a go at the interest rate formulas contained in your favorite spreadsheet application. Calculate the FutureValue of a series of payments at various interest rates, to see what you can expect. While you cannot depend on earning a specific rate with a stock investment, a basic familiarity with the formula can help you determine a rate of return you should aim for."}
{"_id": "35986", "title": "", "text": "Talking to the one Amazon employee I know, the sheer volume of shipments produces some interesting bugs. I mean, they really are pushing the envelope on logistics - inevitably you're going to end up with some spectacularly bad experiences no matter how hard you try just because the task is so complex.  IE, we'd need to know the ratio of bad to good experiences to fairly judge, but the existence of bad experience isn't something that really needs to be proven IMO."}
{"_id": "35995", "title": "", "text": "Are you going to need any of the money in the next year or two, or are you saving it long term? Are you going to need any of it before you are 65?  If no to both, put in a Roth IRA with a Vanguard Target retirement fund.  If no to the first and yes to the second, put in the VTI index fund. If you want, you can keep 20-30% in a bond fund instead of 100% stock.  Every 3-12 months, log in and redistribute your funds to maintain the desired split if you'd like, but this is somewhat optional.  If you really, really want, set aside 5% for investing in a few companies you really believe in. You'll probably lose money on that investment, but it will reassure you that the rest of your money is wisely invested."}
{"_id": "36005", "title": "", "text": "I gotta disagree. The kinds of people who care about this sort of thing (very very few) are also the kind of people who aren't willing to pay Facebook any money--and they're the most likely to not be on the site in the first place.  I mean, sure, SOME people would pay--but how many? Even if it's a million people the revenue would be a rounding error for Facebook, especially as the company grows. Plus, I'm sure they want to offer advertisers 100% of their user base--it's a good pitch."}
{"_id": "36013", "title": "", "text": "I was hoping it wasn't real time and I was going to be able to look 20 min. into the future using real time quotes for a 100% success rate.  Oh well.  Don't you know you can't make money day trading? :-)  Everyone on Reddit seems to think as much.  What % are you up for the day?"}
{"_id": "36030", "title": "", "text": "Godrej Interio offers modular steel kitchens that are tailor made for the Indian style of cooking. With a variety of materials and accessories to choose from these designs offer style and convenience, thus making your cooking experience hassle-free and fun The body is made of galvanized steel which implies protection against exposure to oil and water. Its durable in moist kitchen environments. The kitchens have galvanized steel framework with epoxy polyester powder coating. There is no breeding of pests. These Kitchens are Termite-proof. High precision due to steel and factory finish. Ease of maintenance. These kitchens are functional and sturdy. These kitchens come with a 15 year warranty. Godrej Interio kitchens are Ergonomic and safe. These kitchens are made of innovative hardware for effortless and noiseless operation. Unique and interesting layouts are possible. Sensor integrated lights for better visibility. Option for seamless integration of appliances."}
{"_id": "36038", "title": "", "text": "Really not sure with this one and I don't want to cheat and look up an answer.  I'd say you could find the high/low points of the stock over the last year or two and see how large the spread is between those values and the average price of the stock over the same time period."}
{"_id": "36058", "title": "", "text": "You create a bullet point list of all the things in the game you want to see in the movie, offer the gig to the first script that checks all the boxes, regardless of how poorly thought out it is, because kids will watch anything familiar and drag their parents along for the ride."}
{"_id": "36063", "title": "", "text": "In many cases, you are required to file your taxes by law even if you won't owe. If it's anything like in the US, it's quite possible your employer is not taking the right amount and you may owe more or may even be in line for a return. http://www.usatax.ca/Pages/filing_requirement_taxes_canada.html"}
{"_id": "36066", "title": "", "text": "I use to play marbles at school. Marbles were like gold the more you had the richer you were. They were a scarce commodity only a few in circulation. Once I secured a wealth of marbles I realized they were of little real value. They were only of illusory value. As long as we all were deceived into believe they had value they I was rich. Sure marble could be used to make marble floors ;) they were lovely to look at, and every one wanted them. Then one day, I discovered the emperor had no clothes. Wow, the day that everyone sees the true value of gold, what a stock market crash that will be. I tried to avoid gold as much as possible, but this is hard to do in todays stock market. My solace is that we will all be in the same golden (Titanic) boat, only I hope to limit my exposure as much as possible. Anyone want a gold watch for a slice of bread?"}
{"_id": "36074", "title": "", "text": "Investing in the early 70s would have been fine, trying to pile on the boat after the fact (late 70s, early 80s), those people would lose.    The fluctuations then had largely to do with the collapse of the USSR.  Parallels could certainly be drawn to modern times, but the main thing is that if you invested early, you could ride out the worst of storms without having to worry about a company or a currency becoming worthless overnight."}
{"_id": "36086", "title": "", "text": "It doesn't matter.  You will just renew your mortgage at the prevailing rates.  That's part of the mortgage contract.   The problem that happens is if you want to move your mortgage to another bank for a better rate, they may not accept you.  Your re-negotiating position is limited. Most mortgages have a portability option where you can even transfer the mortgage to another property, but you'd have to buy a cheaper house."}
{"_id": "36088", "title": "", "text": "\"Before you can truly learn, you must unlearn first. I recommend the book \"\"Fooled by Randomness\"\" by Nassim Taleb.\""}
{"_id": "36129", "title": "", "text": "\"What does your link supposed to mean?  It's a video from 2013. And Maxine is \"\"allegedly\"\" nuts.  Anyway as the top link mentioned, it's a campaign spin-off organization.  Each Obama campaign has spin-off organizations. Not really surprising, nor malicious or problematic. Even failed-to-win presidential nominees have these lobby groups, such as Al Gore.\""}
{"_id": "36135", "title": "", "text": "While salary is usually a large expense, it's often not the one with the most waste.  Cutting salary almost always ends poorly if you need any sort of specialized skills.   The city should be looking at it's budget, but at services that aren't necessary or are far too expensive to operate in a crisis.  Closing a community center or canceling some public events not only saves a huge amount off cash in the form of overtime for police and support services, it also makes the problem public, and tend to make people open to paying more fees of taxes, solving the problem for realsies."}
{"_id": "36136", "title": "", "text": "I quit paying for cable in 1997. I couldn't even tell you what was on TV. I barely know what is in the theaters and that is only because I live in LA and signs are everywhere. I haven't listened to new music since metallica sued a 12 year old. So outside of techno (which you can find for free everywhere) my mainstream music is as cutting edge as Static X, Slipnot, and System of a down debut albums."}
{"_id": "36148", "title": "", "text": "Check your mortgage paper work. Most mortgages have clauses requiring you to maintain the property, keep it in good repair, and to prevent spoilage. The property is the mortgagee's security for the loan, so it's reasonable that they have a voice in keeping the property in good shape. You can tell them to pound sand, and then they can call the loan due in full."}
{"_id": "36156", "title": "", "text": "\"&gt; If I come to your house with a gun and hand cuffs and say, \"\"you made this much money this year, therefore you owe me this much because I need healthcare/food/ect.\"\"  Okay, so your argument is that taxes are illegitimate because they pay for services for others. Obviously I disagree, because in your example your money is *only* paying for services for other people. However, the reality is that we the minute we are born we benefit from living in a civilized society with services and infrastructure that was created by those who have paid taxes in the past.   Your example is faulty because it assumes you receive no benefit from the taxes that the government demands of you.   &gt; Yes, government made it happen, that doesn't mean that it would have never happened with out it.  Possible, but we will never know. I think we agree that GPS does provide a valuable service, and it was created by government. This being one of thousands of examples of government innovation that has improved everyones lives, and provided the foundation for more innovation on the commercial market.   It is possible that it would come to be in some form without government investment through taxes, but we know it *did* become reality through government through taxes.   &gt; I would say that the US military has gone way overboard with the amount of technological spend.   I would agree, to an extent. I would like to see investment in other areas, but that is what our elected leaders currently find of value.   &gt; From what I've seen, the 2017 request is $12.5 billion for total tech spend for the military.  I am not sure where that number is coming from. I know at one point JEIDDO by itself spent over $1T in R&amp;D on the IED problem. I know that DTRA funds a couple billion dollars worth of R&amp;D by itself too. Then you have groups like DOE, which do a lot of R&amp;D on defense projects as well. I think that number might be off.   Drone technology was another example that you used. How much do you think the Amazon delivery drone service was influenced by DOD R&amp;D into drones? I have a buddy that I served with who worked at DTRA after he got out who now works at Amazon...   &gt; Bernie Sanders bit  Sorry, I think it may have got cut. I was going to ask what part of his tax plan would have added to your personal taxes?\""}
{"_id": "36175", "title": "", "text": "That Chevy Bolt will never improve from what it is when you drive it off the lot. It's never going to get self-driving capabilities or any software improvements to improve the efficiency of the car. Tesla cars improve over time. They get additional features in the years that follow. A Chevy is what it is and that's all it'll ever be."}
{"_id": "36190", "title": "", "text": "First of all I recommend reading this short e-book that is aimed at young investors. The book is written for American investors but they same rules apply with different terms (e.g. the equivalent tax-free savings wrappers are called ISAs in the UK). If you don't anticipate needing the money any time soon then your best bet is likely a stocks and share ISA in an aggressive portfolio of assets. You are probably better off with an even more aggressive asset allocation than the one in the book, e.g. 0-15% bond funds 85-100% equity funds. In the long term, this will generate the most income. For an up-to-date table of brokers I recommend Monevator. If you are planning to use the money as a deposit on a mortgage then your best bet might be a Help to Buy ISA, you'll have to shop around for the best deals. If you would rather have something more liquid that you can draw into to cover expenses while at school, you can either go for a more conservative ISA (100% bond funds or even a cash ISA) or try to find a savings account with a comparable interest rate."}
{"_id": "36193", "title": "", "text": "At the bottom of the page you linked to, NASDAQ provides a link to this page on nasdaqtrader.com, which states Each FINRA member firm is required to report its \u201ctotal\u201d short interest positions in all customer and proprietary accounts in NASDAQ-listed securities twice a month. These reports are used to calculate short interest in NASDAQ stocks. FINRA member firms are required to report their short positions as of settlement on (1) the 15th of each month, or the preceding business day if the 15th is not a business day, and (2) as of settlement on the last business day of the month.* The reports must be filed by the second business day after the reporting settlement date. FINRA compiles the short interest data and provides it for publication on the 8th business day after the reporting settlement date. The dates you are seeing are the dates the member firms settled their trades. In general (also from nasdaq.com), the settlement date is The date on which payment is made to settle a trade. For stocks traded on US exchanges, settlement is currently three business days after the trade."}
{"_id": "36199", "title": "", "text": "gimme a break. There is always shit storm. Other country experience recession and deep recession (under US economic attack even) but none drop that kind of money.  I still want to know what China is doing to even up Obama's attempt to crash their market and currency."}
{"_id": "36201", "title": "", "text": "&gt; there is a very strong relationship between the amounts written on the checks and the worth of that product or service to the person with the pen  ...and the *ability to pay* of the person with the pen. Someone who generates a lot of value for lower- and middle-class customers could easily make less money than someone who generates a little bit of value for upper-class customers."}
{"_id": "36212", "title": "", "text": "\"The average height in the NBA isn't even 6'8\"\" and that's with the centers inflating the numbers. Your average point guard is 6'2\"\".   NBA players work their asses off to get where they are, hours and hour in the gym and hours and hours on the court. Am I saying they work harder than anyone else? No. But it sure as hell isn't easy to get there.\""}
{"_id": "36237", "title": "", "text": "The best way to end the gaming of patents is to simplify the system. Just go back to the old rule of patents being good for one year after issuance. There are other issues like what should or shouldn't be patented, but just having the rule of patents being good for one year makes other issues relative minor ones when it comes to the monopolistic effect of patents. The more complex we make the system just increases the permutations for abuse."}
{"_id": "36240", "title": "", "text": "\"More costs are going to be put on the consumer. But that is something that would happen all the time. Originally those systems were not built with the expectation that average life expectancy would jump from almost a factor of a third (60 to 80 years, if you wonder why the age of retirement is 65 and not more or less, check out Bismark and Kaiser Wilhelm on that subject). Additionally, the current age population pyramid of the west (and asian soon to come) is put an increasing pressure on the cost of healthcare.  Now, to me the biggest issue with the US is the belief that market driven economies will always lower prices. The problem is that the insurance companies in this country form an oligopoly with the goal to make profits. Now, here is the important question: is healthcare a \"\"need\"\" or a \"\"want\"\"? If it is a \"\"want\"\" then someone can live without it but if you have an accident or anything of that type, then is it still a \"\"want\"\" or a \"\"need\"\". You can live without TV all your life and nothing bad may happen to you. No healthcare and then you can get screwed for your life.  Because people will feel compelled to save themselves and be brought to the hospital, those who can afford it or need it will pay for it. Thus you have an automatic pressure on prices as it is used by a smaller pool of people than if everyone in the country was paying for it independent of income. And because the people buying health insurance feel they need to have insurance, their price elasticity of demand will become inelastic (the price may change a lot but the amount of demand won't change much). So, if i'm a private insurance company, I will charge as much as I can because I know that people will be willing to pay more for  the same healthcare cost.   The European system will simply be a cheaper option than the US because it concentrates a larger pool of payers and is not aimed at profits. Additionally, if there were quality issues in the healthcare provided this would have been seen long ago if you compare the amount of money spent in the US and Europe on healthcare. In Europe the cost of healthcare is theoretically only the government spending. In the US it is both gvt and private spending.    Tell me what you think\""}
{"_id": "36251", "title": "", "text": "\"To Many question and they are all treated differently. I was wondering how the logistics of interest and dividend payments are handled on assets , such as mortgages, bonds, stocks,   What if the owner is some high-frequency algorithm that buys and sells bonds and stocks in fractions of a second? When the company decides to pay dividends, does it literally track   down every single owner of that stock and deposit x cents per share in   that person's bank account? (This sounds absolutely absurd and seems   like it would be a logistical nightmare). In Stocks, the dividends are issued periodically. The dividend date is declared well in advance. As on end of the day on Dividend date, the list of individuals [or entities] who own the stock is available with the Stock-Exchange / Registrar of the companies. To this list the dividends are credited in next few days / weeks via banking channel. Most of this is automated. What if the owner is some high-frequency algorithm that buys and sells bonds and stocks in fractions of a second? On bonds, things work slightly differently. An Bond is initially issued for say 95 [discount of 5%] and payment of 100 after say 5 years. So when the person sells it after an year, he would logically look to get a price of 96. Of course there are other factors that could fetch him a price of 94.50 or 95.50. So every change in ownership factors in the logical rate of interest. The person who submits in on maturity gets 100.  For the homeowner, I'm assuming he / she still makes mortgage payments to the initial bank they got the mortgage from, even if the bank no longer \"\"owns\"\" the mortgage. In this case, does the trader on the secondary market who owns the mortgage also come back to that bank to collect his interest payment? This depends on how the original financial institution sells the mortgage to new institutions. Generally the homeowner would keep paying initial financial institution and they would then take a margin and pay the secondary investor. If this was collateral-ized as Mortgage backed security, it is a very different story.\""}
{"_id": "36272", "title": "", "text": "There are several possible effects: There isn't much you could do about it. If you had enough money to try to hedge by buying foreign securities, in theory you could be happy no matter what your dollar did: if it goes up, you have pain or gain from local effects (depending on whether imports or exports have a bigger effect on your life) and that is offset by your investment having gain or pain. Ditto if it goes down. In reality the amount you might have to invest to get to this point is probably not a realistic amount for an ordinary person to invest outside their country. I own a Canadian company that bills a number of US clients and I buy very little from the US (I'm big on local food, for example, and very frugal on the consumer-goods front.) When the Canadian dollar falls, I effectively get a raise, so I'm happy while all around me are wringing their hands."}
{"_id": "36282", "title": "", "text": "If it's *already* beneficial to lease out/buy more advanced airplanes, is it really necessary to introduce this carbon tax? Fuel costs are rising every year, so it seems to me that companies would go greener regardless of governmental stimulation."}
{"_id": "36284", "title": "", "text": "From Vanguard's Best practices for portfolio rebalancing:"}
{"_id": "36285", "title": "", "text": "\"I'm assuming this is in comparison to the Standard Oil era. The main difference I see is that these are more merit based monopolies than the earlier times. I don't know if you can you can anything about it. Technology has made the game more like a scenario of \"\"winner-takes-all\"\".\""}
{"_id": "36291", "title": "", "text": "I'm having a hard time getting worked up over this case.  The underlying issue is a serious one, but this case is the wrong canary.    &gt; The affidavit was false: simply, nakedly false. The employee had made no such claim.  &gt; The prosecutors alerted a major newspaper about the search, so there are photographs of agents carrying boxes from your office.  That's not government error.  That's malfeasance.  This pisses me off.   &gt; The agent\u2019s statement was false.  The federal agent lied and destroyed a company in the process. The lawsuit was against the prosecutors who acted on good faith.  Why didn't he try to sue the agent who lied?  The prosecutors have qualified immunity, which they need, in order to do their jobs.  Otherwise, they'd be spending all day in court defending themselves rather than prosecuting cases.    &gt; The appeals court said evidence that Ganek knowingly traded on inside information would give authorities probable cause to conduct a search, but it wasn\u2019t needed in order to get a warrant.  &gt; The affidavit alleges that some of Ganek\u2019s employees had traded on inside information and that \u201cthere was at least a fair probability to think that his office was among the LG premises where evidence of an insider trading scheme would be found,\u201d the appeals court said, referring to Level Global.  That's why the appeals court threw out the case.  They said the lying officer only accelerated the warrant which would have been issued anyway."}
{"_id": "36313", "title": "", "text": "You own the stock at $29.42 At $40, the stocks is called at $26. You can't add the call premium, as it's already accounted for. The trade is biased towards being bearish on the stock. (I edited and added the graph the evening I answered)  Not the pretiest graph, but you get the idea. With that $29.42 cost, you are in the money till about $30, then go negative until the most you lose is $3.42."}
{"_id": "36316", "title": "", "text": "In and of itself it wasn't. But could the ill will it left with the general investing public make people more wary of future IPOs and thus, lower their potential starting points?  Thereby leading to a drought of IPOs as companies don't see themselves getting as much."}
{"_id": "36321", "title": "", "text": "When someone charges, it means that person fix the price you pay. Australia is part of the Indonesian continent. It is an island in the South Pacific ocean. In the price of an item, you include the shipping cost. It is more expensive by plane because the cost of the kerozen is higher than the cost of diesel for ships. Accident can happen, so you have to include in price the cost of the insurance."}
{"_id": "36328", "title": "", "text": "My only opinion is that keeping Zuckerberg away from Washington is probably the best outcome.  A guy known to exploit and sell the privacy of his users probably shouldn't be having any voice on how the government should act in any fashion.  We already have enough surveillance and don't need that jagoff finding new ways to spy on us."}
{"_id": "36341", "title": "", "text": "The purpose of the transfer determines the taxability. If this is happening to frequent, it is advisable to keep proper records of the transaction so that if there is an enquiry from Tax authorities you can explain. Unless you explain the why the transfer is being made, I have put out some broad categories."}
{"_id": "36343", "title": "", "text": "I work in asset pricing/market microstructure research so I do come across a decent amount of topics at work that utilize my applied math degree. For the topics I'm working on right now on it's usually time series or econometrics stuff like vector autoregression, principal components, regressions, etc. Some of my coworkers are working on papers that use stochastic calculus and other aspects of continuous time finance."}
{"_id": "36346", "title": "", "text": "Not necessarily though, since you can simply adjust the premium. I'm thinking an embedded option is just an option with longer maturity, and the increased price of that adjusted option can be reflected (like any other option) in the strike price or the premium. Am I missing something?"}
{"_id": "36350", "title": "", "text": "Agreed. This is such an open ended question with no real answer. I assume you're asking for recruitment into the finance industry, which honestly recruit from a wide variety of schools depending on the division within the firm and which firm location the firm is hiring for. Its more about the program in the school, than the school itself (business/finance/comp sci/electrical engineering/physics/math programs). Also bank alumni also play a large role in recruitment, and are sometimes whom you might speak with during an interviews and at career days. Most of the recent bank grads I know are from Rutgers, MIT, UPenn, Penn State, Princeton, Carnegie Mellon, Villanova, NYU, Stevens, etc...the trend here is North East schools close to NYC (where I work)."}
{"_id": "36366", "title": "", "text": "\"This is such a common question here and elsewhere that I will attempt   to write the world's most canonical answer to this question. Hopefully   in the future when someone on answers.onstartups asks how to split up   the ownership of their new company, you can simply point to this   answer. The most important principle: Fairness, and the perception of   fairness, is much more valuable than owning a large stake. Almost   everything that can go wrong in a startup will go wrong, and one of   the biggest things that can go wrong is huge, angry, shouting matches   between the founders as to who worked harder, who owns more, whose   idea was it anyway, etc. That is why I would always rather split a new   company 50-50 with a friend than insist on owning 60% because \"\"it was   my idea,\"\" or because \"\"I was more experienced\"\" or anything else. Why?   Because if I split the company 60-40, the company is going to fail   when we argue ourselves to death. And if you just say, \"\"to heck with   it, we can NEVER figure out what the correct split is, so let's just   be pals and go 50-50,\"\" you'll stay friends and the company will   survive. Thus, I present you with Joel's Totally Fair Method to Divide Up The   Ownership of Any Startup. For simplicity sake, I'm going to start by assuming that you are not   going to raise venture capital and you are not going to have outside   investors. Later, I'll explain how to deal with venture capital, but   for now assume no investors. Also for simplicity sake, let's temporarily assume that the founders   all quit their jobs and start working on the new company full time at   the same time. Later, I'll explain how to deal with founders who do   not start at the same time. Here's the principle. As your company grows, you tend to add people in   \"\"layers\"\". The top layer is the first founder or founders. There may be 1, 2, 3,   or more of you, but you all start working about the same time, and you   all take the same risk... quitting your jobs to go work for a new and   unproven company. The second layer is the first real employees. By the time you hire   this layer, you've got cash coming in from somewhere (investors or   customers--doesn't matter). These people didn't take as much risk   because they got a salary from day one, and honestly, they didn't   start the company, they joined it as a job. The third layer are later employees. By the time they joined the   company, it was going pretty well. For many companies, each \"\"layer\"\" will be approximately one year long.   By the time your company is big enough to sell to Google or go public   or whatever, you probably have about 6 layers: the founders and   roughly five layers of employees. Each successive layer is larger.   There might be two founders, five early employees in layer 2, 25   employees in layer 3, and 200 employees in layer 4. The later layers   took less risk. OK, now here's how you use that information: The founders should end up with about 50% of the company, total. Each of the next five layers should end up with about 10% of the   company, split equally among everyone in the layer. Example: Two founders start the company. They each take 2500 shares. There are   5000 shares outstanding, so each founder owns half. They hire four employees in year one. These four employees each take   250 shares. There are 6000 shares outstanding. They hire another 20 employees in year two. Each one takes 50 shares.   They get fewer shares because they took less risk, and they get 50   shares because we're giving each layer 1000 shares to divide up. By the time the company has six layers, you have given out 10,000   shares. Each founder ends up owning 25%. Each employee layer owns 10%   collectively. The earliest employees who took the most risk own the   most shares. Make sense? You don't have to follow this exact formula but the basic   idea is that you set up \"\"stripes\"\" of seniority, where the top stripe   took the most risk and the bottom stripe took the least, and each   \"\"stripe\"\" shares an equal number of shares, which magically gives   employees more shares for joining early. A slightly different way to use the stripes is for seniority. Your top   stripe is the founders, below that you reserve a whole stripe for the   fancy CEO that you recruited who insisted on owning 10%, the stripe   below that is for the early employees and also the top managers, etc.   However you organize the stripes, it should be simple and clear and   easy to understand and not prone to arguments. Now that we have a fair system set out, there is one important   principle. You must have vesting. Preferably 4 or 5 years. Nobody   earns their shares until they've stayed with the company for a year. A   good vesting schedule is 25% in the first year, 2% each additional   month. Otherwise your co-founder is going to quit after three weeks   and show up, 7 years later, claiming he owns 25% of the company. It   never makes sense to give anyone equity without vesting. This is an   extremely common mistake and it's terrible when it happens. You have   these companies where 3 cofounders have been working day and night for   five years, and then you discover there's some jerk that quit after   two weeks and he still thinks he owns 25% of the company for his two   weeks of work. Now, let me clear up some little things that often complicate the   picture. What happens if you raise an investment? The investment can come from anywhere... an angel, a VC, or someone's dad. Basically, the   answer is simple: the investment just dilutes everyone. Using the example from above... we're two founders, we gave ourselves   2500 shares each, so we each own 50%, and now we go to a VC and he   offers to give us a million dollars in exchange for 1/3rd of the   company. 1/3rd of the company is 2500 shares. So you make another 2500 shares   and give them to the VC. He owns 1/3rd and you each own 1/3rd. That's   all there is to it. What happens if not all the early employees need to take a salary? A lot of times you have one founder who has a little bit of money   saved up, so she decides to go without a salary for a while, while the   other founder, who needs the money, takes a salary. It is tempting   just to give the founder who went without pay more shares to make up   for it. The trouble is that you can never figure out the right amount   of shares to give. This is just going to cause conflicts. Don't   resolve these problems with shares. Instead, just keep a ledger of how   much you paid each of the founders, and if someone goes without   salary, give them an IOU. Later, when you have money, you'll pay them   back in cash. In a few years when the money comes rolling in, or even   after the first VC investment, you can pay back each founder so that   each founder has taken exactly the same amount of salary from the   company. Shouldn't I get more equity because it was my idea? No. Ideas are pretty much worthless. It is not worth the arguments it would cause to   pay someone in equity for an idea. If one of you had the idea but you   both quit your jobs and started working at the same time, you should   both get the same amount of equity. Working on the company is what   causes value, not thinking up some crazy invention in the shower. What if one of the founders doesn't work full time on the company? Then they're not a founder. In my book nobody who is not working full   time counts as a founder. Anyone who holds on to their day job gets a   salary or IOUs, but not equity. If they hang onto that day job until   the VC puts in funding and then comes to work for the company full   time, they didn't take nearly as much risk and they deserve to receive   equity along with the first layer of employees. What if someone contributes equipment or other valuable goods (patents, domain names, etc) to the company? Great. Pay for that in   cash or IOUs, not shares. Figure out the right price for that computer   they brought with them, or their clever word-processing patent, and   give them an IOU to be paid off when you're doing well. Trying to buy   things with equity at this early stage just creates inequality,   arguments, and unfairness. How much should the investors own vs. the founders and employees? That depends on market conditions. Realistically, if the investors end   up owning more than 50%, the founders are going to feel like   sharecroppers and lose motivation, so good investors don't get greedy   that way. If the company can bootstrap without investors, the founders   and employees might end up owning 100% of the company. Interestingly   enough, the pressure is pretty strong to keep things balanced between   investors and founders/employees; an old rule of thumb was that at IPO   time (when you had hired all the employees and raised as much money as   you were going to raise) the investors would have 50% and the   founders/employees would have 50%, but with hot Internet companies in   2011, investors may end up owning a lot less than 50%. Conclusion There is no one-size-fits-all solution to this problem, but anything   you can do to make it simple, transparent, straightforward, and,   above-all, fair, will make your company much more likely to be   successful. The above awesome answer came from the Stack Exchange beta site for startups, which has now closed. I expect that this equity distribution question (which is strongly tied to personal finance) will come up more times in the future so I have copied the content originally posted.  All credit for this excellent answer is due to Joel Spolsky, a moderator for the Startups SE beta site, and co-founder of Stack Exchange.\""}
{"_id": "36367", "title": "", "text": "Thank you very much.  &gt;Corporations are really a means of removing risk beyond initial investment   This made my light bulb just go off. Thank you!  ---  I'm going to have to digest the rest of the material slowly. It makes sense, but I want to get it 100%. Thanks a lot!"}
{"_id": "36375", "title": "", "text": "Of course, there is no way for us to know whether or not the clerk is trying to rip you off $1.29 at a time, but I can't understand the possible motivation for doing so.  I would imagine that most people would catch this at some point, so for a store to consistently overcharge for something like this is really bad for business. They would be risking upsetting a customer all for the potential gain of $1.29. I have to assume that it is not malice, but incompetence.  We don't know what caused the clerk to be confused, but it is not really our concern. From what I can tell, you've gotten the right price in the end.  You were ultimately charged for two drinks, and the extra $1.29 that you were charged was refunded. Since it happened three times, you have to decide how badly you want these drinks in the future.  If you choose to return, you'll just have to expect the possibility that it will ring up incorrectly, and you'll have to get it fixed.  If that seems like too much hassle, then don't return to this store."}
{"_id": "36379", "title": "", "text": "What kind of visibility do you have on sales? You need sales, that's why you're in business!   If their networks are good and you can bring in a bunch a of clients it sounds like it could be a good deal. Sales cure all ills."}
{"_id": "36390", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://medium.com/fast-company/a-universal-basic-income-would-do-wonders-for-the-u-s-economy-ddb0eb739c18) reduced by 90%. (I'm a bot) ***** &gt; Economic growth is going disproportionately to higher earners who are more likely to save than lower earners, who tend to spend more of whatever they have left.  &gt; Steinbaum is not a fan of the automation argument for UBI. But he does think UBI could help workers to win better wages when they work.  &gt; Some see UBI as an investment that allows people to leave behind tedious, repetitive work in favor of more fulfilling, creative activities.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76nmgm/a_universal_basic_income_would_do_wonders_for_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229067 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **UBI**^#1 **spend**^#2 **more**^#3 **work**^#4 **pay**^#5\""}
{"_id": "36405", "title": "", "text": "Damn, helpful Harry above me.   So, in general, when compounding the value of an investment, if you're seeing an annualized interest rate of 4%, and the interest compounds monthly (or n number of times per year), you're going to multiply the Principal P by the growth rate (the interest rate), adjusted for the number of periods that your investment grows in a year. P_end = P * (1 + 0.04/n)^(n * t), where n = number of periods, and t = number of years. If the interest compounds annually, you earn P *(1.04), if it compounds monthly, you earn (1 + 0.04/12)^(12 * 1).   Apply this logic to discounting future cash flows to their net present value. When discounting future cash flows, you're essentially determing the opportunity cost of now being unable to put your investment elsewhere and earning that corresponding interest (discount) rate.   Thus, you would discount $1000 by (1 + 0.08/12)^1, and $2000, $3000 in a similar fashion. Then, as icing on the cake, sum up to get your cumulative net present value.  Please let me know if any portion of my explanation is unclear; I would be happy to elaborate!"}
{"_id": "36438", "title": "", "text": "Regarding some major holes in The Atlantic article...  **One**, Longwall mining became the norm underground rather than advance-retreat mining. It massively advanced the productive output of the industry, and required far less workforce. This was THE central cause of the precipitous drop to the coal industry workforce before the 1990s. Thereafter, a confluence of prices, competition, attacks on the working class/unions, of new energy sources, etc and other factors were the mixture which reduced the workforce.   **Two**, strip mining (and lignite-type coal; lower workforce necessary) in the Western coal region also played a role rather than the demands of underground mining (mostly bituminous, but also anthracite-type coal, concentrated in the East; higher workforce necessary). Key to remember that this move from eastern to western coal production, while reducing the workforce, was a **major drive** by the **coal bosses in the 90s through the 2000s.** A major aspect was that this was a campaign by the owners/bosses seeking to side-step the UMWA and unions/labor costs/health/dental. The eastern mines were dominantly Union, but out west, the union movement in the coal industry unfortunately never had broad modern success. Moments of greatness occurred in the western UMWA organizing battles (some great Navjao nation unionists, some good locals in Colorado too, a few valiant UT battles \u2013 one in particular which was lead by miners who were originally from Mexico), but no where near like east of the Mississippi.   **Three**. Anyone who worked or even lived near the industry (lived in Appalachia or Western Coal), could have told the young Atlantic author, or the Stanford Institute fellow just about all of this. Driving around rural West Virginia, PA, or Kentucky you can occasionally see the old advance-retreat Joy 'miner' machinery littering the countryside. Old-timers often times are glad to share heaps of the proud labor history of the region and this industry. Much easier to make a buck via The Atlantic by reading a couple academic reports, check Department of Energy, MSHA, and BLS statistical websites."}
{"_id": "36440", "title": "", "text": "Others have tip-toed around this, but I'll just come out and say it.  The amount of money you're giving to the church is bordering on irresponsible given that you're just barely breaking even yourself.  The best thing you can do if you want to have children is to stop paying such a high amount to the church, and redirect most, if not all, of that money to your savings account."}
{"_id": "36453", "title": "", "text": "When you exercise a put, you get paid the strike price immediately. So you can invest that money and earn some interest, compared to only exercising at expiry. So the benefit to exercising early is that extra interest. The cost is the remaining time value of the option, along with any dividend payments you miss. As @JoeTaxpayer points out, there might be tax considerations that make it better to exercise at one time rather than another. But those would likely be personal to you, so if the option would intrinsically have more value unexercised, in many cases you could sell it on rather than exercise it. The exception might be if it wasn't very liquid and the transaction costs of doing that outweighed the theoretical value."}
{"_id": "36481", "title": "", "text": "a) He can loan you the money tax free he can even give you and your wife 29k a year tax free.  Many people do a loan for lets say 100k and then they forgive the load 14.5k a year to avoid the taxes.   b) Yes when they see that deposit they will give you a hard time potentially.  I got a hard time for my Real Estate tax refund. c) Just putting stress on the family potentially."}
{"_id": "36482", "title": "", "text": "&gt;Be accountant.    &gt;Travel to Switzerland.    &gt;Bribe bank managers to tell you which companies have large accounts there.    &gt;Get hired at one of those companies.    &gt;Collect documentation.    &gt;Turn in to IRS   &gt;Become hundred millionaire.    It's a bit unconventional, but I dig it."}
{"_id": "36517", "title": "", "text": "We are one the best online shop for Fidget spinner because we are the only platform through the online market where you can get Fidget spinner at affordable prices. At fidgetspinnerstar, you can buy different different types of fidget spinner at your doorsteps and also check a wide range of our collections. Along with these things you can also buy superheroes chrome batman fidget spinner at fidgetspinnerstar. Do you know why should a person plays with these toys because when a person suffers from ADHD or ADD they constantly feel they need to do moving something. For further more details about the fidgetspinnerstar, feel free to get in touch with us.sss"}
{"_id": "36533", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.citylab.com/equity/2017/07/inequality-and-the-recession/530190/) reduced by 91%. (I'm a bot) ***** &gt; In 2007, 126 urban counties entered a recession, another 266 counties followed in 2008 and 180 more did in 2009.  &gt; Income inequality has a hazard ratio of 1.066, one of the highest in the study-in other words, a one-unit increase in the Gini coefficient increased a county&amp;#039;s risk of entering the recession earlier by 6.6 percent.  &gt; Ultimately, the study shows that income inequality has a negative effect on the resilience of urban counties, reducing their ability to withstand a recession and its shocks, for several reasons.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nmysj/how_income_inequality_makes_economic_downturns/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~168096 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **county**^#1 **Recession**^#2 **inequality**^#3 **economic**^#4 **study**^#5\""}
{"_id": "36534", "title": "", "text": "\"Generally investing in index-tracking funds in the long term poses relatively low risk (compared to \"\"short term investment\"\", aka speculation). No-one says differently. However, it is a higher risk than money-market/savings/bonds. The reason for that is that the return is not guaranteed and loss is not limited. Here volatility plays part, as well as general market conditions (although the volatility risk also affects bonds at some level as well). While long term trend may be upwards, short term trend may be significantly different. Take as an example year 2008 for S&P500. If, by any chance, you needed to liquidate your investment in November 2008 after investing in November 1998 - you might have ended up with 0 gain (or even loss). Had you waited just another year (or liquidated a year earlier) - the result would be significantly different. That's the volatility risk. You don't invest indefinitely, even when you invest long term. At some point you'll have to liquidate your investment. Higher volatility means that there's a higher chance of downward spike just at that point of time killing your gains, even if the general trend over the period around that point of time was upward (as it was for S&P500, for example, for the period 1998-2014, with the significant downward spikes in 2003 and 2008). If you invest in major indexes, these kinds of risks are hard to avoid (as they're all tied together). So you need to diversify between different kinds of investments (bonds vs stocks, as the books \"\"parrot\"\"), and/or different markets (not only US, but also foreign).\""}
{"_id": "36582", "title": "", "text": "You stumbled on your second paragraph when you said gold is debt.  It's not. It is an asset you can hold in your hand that has zero counterparty risk.  Didn't read the rest because if you fell over so early, it's likely I'd be here all day correcting the rest of it."}
{"_id": "36586", "title": "", "text": "I looked at some UA stuff not that long ago.  I could not, for the life of me, figure out how they have sold a single item, let alone built a brand. American consumers must be the dumbest on the planet."}
{"_id": "36602", "title": "", "text": "1) Low-Interest Rate: Isn't the inflation rate currently (and over the last couple of years) also really low, around 2%? If you're saying the inflation rate is going to go back up, I'm curious as to your reasoning. I don't see any general decrease in the money supply in the near future, wages are stagnant, and GDP looks like it's trundling along at standard rates - however, with the Gini coefficient still rising, more and more of that production is finding its way into fewer and fewer hands that don't have a lot of incentive to re-invest it."}
{"_id": "36606", "title": "", "text": "it just depends on your situation and sometimes accounting can't fix that.  by mentor pays 35% even though he only goes back to the USA to visit. I go back less than 30 days a year so I can claim I'm a foreign resident but if all my income is in the USA I'm screwed.   I can't even route my income through my wife who has never stepped foot in the USA because we must claim whatever she makes.    US tax laws are so bad that it takes a lot just to get an account with HSBC in Hong Kong"}
{"_id": "36608", "title": "", "text": "I would not assume they would pay for any benefits. You will be responsible for paying entirely for health insurance and social security and Medicare. This move is most likely not in your best interests. At a minimum, I would charge double your current hourly rate and would charge for all hours worked including time and half for overtime.  3 times is actually probably a better choice if you want to cover holidays (which they will not pay you for), vacation time, etc. I know when I did project bids, we always priced at 2-3 times the salary we paid the employees."}
{"_id": "36609", "title": "", "text": "\"In other amazing news, people don't pay attention to things they don't care about.  Want to make sure people pay attention during meetings? Ensure the people in attendance actually have a good reason to care about the subject matter, have a say in it, and then keep it focused and short. Most meetings don't follow these guidelines, and far too many of them are largely just chances for a few people to herd a lot of people into a room so they can feel self-important while talking.  When planning a meeting, first ask yourself if you couldn't simply write an email or publish a document that covers the same material. If the answer is no, then ask yourself who _really_ needs to be in the meeting to give input, and who can be given a summary &amp; chance to ask a few questions after the fact and do just as well as if they'd attended.  I can't count the number of \"\"important\"\" mandatory meetings I've taken part in where my biggest contribution was simply checking in in the first place. Without fail, every one of them could've been handled without me there, summarized in a brief email, and would have left dozens of man-hours of labor unwasted.\""}
{"_id": "36624", "title": "", "text": "\"You know there is a heading in big bold text that says \"\"My budding product empire\"\" that conveniently links to actual products that make money for said author.   I think you have a problem with the whole way the author markets herself, but I obviously it works.  edit: Also I don't feel like it's bragging, it's more like sharing the wealth. You get examples of how to make and sell your own products from someone who makes and sells her own products successfully. What is so bad about that?\""}
{"_id": "36625", "title": "", "text": "All banks allow online banking. HSBC is reputed the most international traditional one.  That said, opening a bank account in a 100% online bank would get you to near 0 cost, and is probably the preferred option. Every online bank is very similar to each other, so I won't make any recommandation here. Exemples are ing-direct, boursorama, Fortuneo. I'm afraid none offer english service, and it might be difficult to get in line with a decent english speaker. All theses banks will likely offer a gold/premier mastercard/visa, so travelling will not be an issue. The fees should be <2% for foreign currencies (it vary slightly), and <3\u20ac if you use the ATM in none euro ones."}
{"_id": "36649", "title": "", "text": "\"Let's summarize your relative's problem: How is this possible? If both of those statements are true, then he should be able to explain exactly why those statements are true, and then you can explain it to us, and then we can all nod our heads and admit, \"\"Wow, that makes sense. Proceed if you want to.\"\" But until that happens I suggest you take the advice I offered in the first paragraph of this answer.\""}
{"_id": "36659", "title": "", "text": "Typically the debt is held by individuals, corporations and investment funds, not by other countries. In cases where substantial amounts are held by other countries, those countries are typically not in debt themselves (e.g. China has huge holdings of US Treasuries). If the debts were all cancelled, then the holders of the debt (as listed above) would lose out badly and the knock-on effects on the economy would be substantial. Also, governments that default tend to find it harder to borrow money again in the future."}
{"_id": "36679", "title": "", "text": "\"There are raters of stock and bond funds of which Morningstar's is the best. Standard and Poor's and Value line offer reports that aren't quite as good. If you are able to read and understand these reports yourself, you don't need a professional. Such help is necessary for people who are \"\"rank beginners\"\" in investments.\""}
{"_id": "36689", "title": "", "text": "At one time or another time, most people need to send money to a family, friend and some else. Now this type of transaction is very easy through online. In online most of the people using Etawakal online money transfer it is a very fast,safe and reliable http://tawakalexpress.net/Etawakal.aspx"}
{"_id": "36695", "title": "", "text": "It seems also on some international markets this is allowed. http://www.businessinsider.com/li-hejun-shorting-hanergy-2015-5"}
{"_id": "36700", "title": "", "text": "The Democrats are bloody fools who can't count  The Dreamer will be in play after six months, if they don't make a deal in 3 months, he will fuck the debt ceiling after 3 months.  No need to congratulate this bunch of morons who lost an election to the biggest bloody moron that America could produce."}
{"_id": "36706", "title": "", "text": "As much as you want, and are otherwise comfortable with. No matter where you go or what you do, I doubt you would miss the money more than the experience. Money is just money and you can always get some more, but you can't get more time. That's my rule of thumb."}
{"_id": "36713", "title": "", "text": "Perhaps you shouldn't have come out calling me names and being rude. I think your addiction problems have more to do with your attitude than your pain. Go see a therapist. You obviously have anger management issues. I'm thinking an addiction to mood stabilizers might be in order."}
{"_id": "36714", "title": "", "text": "\"&gt;And, a broadcast company with several channels, don't forget that part that makes you totally wrong.  I am not forgetting anything. You don't seem to get a broadcasting is media and part of media. Like I said they are a media company.  No different from saying Time Warner is a media company or Disney.   &gt;Buzzfeed's scoops are about stars dating each other, political stories, etc. Vice does pieces on buying nukes on the black market, the inside tour of North Korea (you know that claim that they have the same fat kid and fake grocery stores full of fake food?   Have you actually visited their website?  It has such stories such as \"\"Turns Out It's Totally Cool to Have a 20-Pound Lobster in Your Suitcase\"\" and \"\"The Mothers Haunted by Their Sons' Unsolved Murders\"\" as well as \"\"D.R.A.M. Opens Up About Being a 'Big Baby' on 'THE THERAPIST'\"\" and \"\"New Yorkers Love Pride, Hate Trump\"\".  Really no different from Buzzfeed except Vice doesn't do the whole list thing.    &gt;Do you not understand that your derivative argument is faulty?  Nope, as it is not faulty.  You can claim it is all you want, but until you prove its faulty its not.  And you yet to prove its actually faulty.   &gt;You are judging the quality of a story by your negative opinion of the producer and publisher's reputation: that's subjectivity.   One I told you I read the article and it was crap, you even agreed with me it was crap. Two media companies do screen what content is on their platform.  Meaning if they are smart they check for the quality of content as well.  Thirdly didn't I tell you like 3 times now to stop making leaping assumptions and bullshit claims? Yet you continue to do so.  And for someone claiming to have good analytic skills you certainly fall short in them.\""}
{"_id": "36716", "title": "", "text": "LEGEAR Australia is also known by the government as the \u201cOne Source \u2013 Total Solution Provider\u201d and has established a solid, strong, lasting and trusting relationship with its different agencies including; Australian Federal Police, State Police Forces, Australian Defense Force, Customs, Corrections, Emergency Services and SES, AUSAID and Emergency Management Australia through the years."}
{"_id": "36717", "title": "", "text": "You do know that a 42-U.S. gallon barrel of crude oil provides about 45 (not a typo) gallons of petroleum products. One barrel of crude oil, when refined, produces about 19 gallons of finished motor gasoline, and 10 gallons of diesel, as well as other petroleum products. Most petroleum products are used to produce energy.  So not all of it is reflected in pump prices."}
{"_id": "36723", "title": "", "text": "\"In US public stock markets there is no difference between the actions individual retail traders are \"\"permitted\"\" to take and the actions institutional/corporate traders are \"\"permitted\"\" to take.  The only difference is the cost of those actions.  For example, if you become a Registered Market Maker on, say, the BATS stock exchange, you'll get some amazing rebates and reduced transaction prices; however, in order to qualify for Registered Market Maker status you have to maintain constant orders in the book for hundreds of equities at significant volumes.  An individual retail trader is certainly permitted to do that, but it's probably too expensive. Algorithmic trading is not the same as automated trading (algorithmic trading can be non-automated, and automated trading can be non-algorithmic), and both can be anywhere from low- to high-frequency.  A low-frequency automated strategy is essentially indistinguishable from a person clicking their mouse several times per day, so: no, from a legal or regulatory perspective there is no special procedure an individual retail trader has to follow before s/he can automate a trading strategy.  (Your broker, on the other hand, may have all sorts of hoops for you to jump through in order to use their automation platform.) Last (but certainly not least) you will almost certainly lose money hand over fist attempting bid-ask scalping as an individual retail trader, whether your approach is algorithmic or not, automated or not.  Why?  Because the only way to succeed at bid-ask scalping is to (a) always be at/near the front of the queue when a price change occurs in your favor, and (b) always cancel your resting orders before they are executed when a price change occurs against you.  Unless your algorithms are smarter than every other algorithm in the industry, an individual retail trader operating through a broker's trading platform cannot react quickly enough to succeed at either of those.  You would have to eschew the broker and buy direct market access to even have a chance, and that's the point at which you're no longer a retail trader. Good luck!\""}
{"_id": "36735", "title": "", "text": "I keep one card just for monthly bills (power company,car loan, etc.).  This one is unlikely to get hacked so I won't have to go change the credit card information on my monthly bills.  I pay the credit card from my bank account.  I just don't want a lot of businesses with direct access to my bank account."}
{"_id": "36754", "title": "", "text": "Yet the underlying truth is the same. Bid fixing. We know it was done on a wide scale and we know it illegal. It doesn't matter what you think of the author you can verify that yourself and the court agreed.  You can make all the excuse you want but if all you want to do is quibble about why he shot out one number for the total bond market instead of muni bonds from 2007-2008 (actually one of the least relevant points to the story no matter which number you use) then you're missing the forest for the trees or your going out of your way to excuse widespread illegal business activity. Bid fixing is bid fixing. That it only impacted the smaller mini bond market isn't something that negates the larger story here."}
{"_id": "36779", "title": "", "text": "It's funny how the american airlines have degraded into what you would call a low-cost airline in Europe, minus the ridiculously cheap fare prices that is.   I hope the main airlines here in Europe don't follow suit with all those extra costs."}
{"_id": "36783", "title": "", "text": "Just create him a regular PayPal account, then so to the Pay Pal prepaid card page, https://www.paypal-prepaid.com, order a card an attach it to his personal paypal account. Unlike student account, you have to do 2 transfers, one into his paypal account, and then to the prepaid card. That is an answer! Unlike those of use with teenagers under 18 who now have their student accounts jacked from them and there really isn't a good option. Not happy with PayPal right now.I am sure there is a government bureaucrat somewhere behind this decision."}
{"_id": "36799", "title": "", "text": "This is the correct advice.  If you aren't part of their recruiting network, AKA alum of a school they go to, you're odds are going to be very low.  The only other path would be if you are basically top 5% of your profession skill wise.  Normally this would mean an advanced degree, lots of work experience, etc.  If you don't have an MBA with a finance focus, it seems unlikely to me that they would hire you for any finance related consulting.  But computer engineering consulting seems reasonable.  Based on the brief info you have given, I would say you need to figure out what they want, and then take the steps to accumulate those skills."}
{"_id": "36801", "title": "", "text": "There are numerous reasons that go beyond the immediate requirement for access to credit.  Many people just plain don't like carrying cash. Before electronic debit cards became mainstream about the only way to pay for online services was with a credit card.  This has now changed just about everywhere except a large number of airlines which still only sell online tickets via a credit card payment. And then there are all those countries where governments (and some banks) have decided to charge merchants more when customers use debit cards.  If you don't like carrying cash then you may find that the only card you can use is a credit card. These concerns are gradually disappearing and at some stage someone is likely to offer a combined debit-credit card. At which point you'll probably get credit whether you like it or not."}
{"_id": "36816", "title": "", "text": "Finish off the student loans. If your absolute goal is saving as much as you possibly can for retirement, then you of course will be best off by maxing your IRA contribution every year. However, student loans are just another thing hanging over you, and nothing feels better than getting rid of a large debt. Pay them off, take yourself out to a nice dinner to celebrate, and tuck away what you have left over in your IRA. Paying off student loans is a great accomplishment - celebrate it!  The difference long-term will be negligible."}
{"_id": "36826", "title": "", "text": "\"Your companies are declining to lower your rates because you are describing it as being kind. When I was in a similar situation, I called each one, starting with the highest rate, and said this: For the last little while things have been tight and my balances have crept up on all my cards. Now I'm about to start a fairly dramatic paydown. I'm going to be doing highest-rate fastest, which is you. Are you able to lower my rate so that you can continue to collect it?  Some said no. Some said \"\"ask again when you've paid more than the minimum three months in a row.\"\" Most said yes, and sometimes by a dramatic amount. It made a real difference to getting things under control. I agree with the other answers that $50 extra on each card is just not as fulfilling as putting all the extra to a single card. If you must still use a card (to put gas in your car, buy groceries etc) getting one card to zero will return you to not paying interest even when you use it, so you might want to start with your lowest balance and then go to highest-rate once you have one clear one you can use. (If your balances are all so high that it will take a year or more to get one to zero, then maybe not. But if one is low drive it down first.) As for the consolidation loan, for some people it's the key to saving interest and getting the debt behind them. For others it's a chance to catch their breath and run up even more debt. Most people cannot predict in advance which they will be or which others will be. Be aware that it is a risk. You can vow that you will never again cover payroll with a cash advance from the company credit card (or your personal one) but when push comes to shove, you just might anyway.\""}
{"_id": "36832", "title": "", "text": "\"I recently received a wire of more than $150K into one of my accounts. (Both sender and receiver accounts are US banking institutions.) My bank never contacted me to ask any questions. However, on my statement I noticed a charge called \"\"Analysis Service Charge\"\". I called the bank to ask them about this charge and was informed it was due to internal analysis for the wire transfer. They did this behind the scenes without needing to contact me. I can only assume that their \"\"analysis\"\" did not turn up anything suspicious, and if it had, perhaps they would have contacted me. I wouldn't worry about it even if you do receive a phone call and they ask a few questions. I'd advise to be completely honest; if you aren't doing anything wrong, you shouldn't have anything to worry about. Most likely they'd be calling you just to make sure you actually know about it and were expecting the money.\""}
{"_id": "36833", "title": "", "text": "The suggestion may be very delayed, have you personally gone to the Experian Office with all the documentation (in xerox copy and in original)? If not, please do so, there is always a difference between dealing with govt/semi-govt institutions over electronic channels and in person."}
{"_id": "36846", "title": "", "text": "\"Hard to measure the overall effect.  Women could only go into the workforce because of the increased mechanization of house work, birth control, etc.  In addition, housework was never recorded as a part of GDP.  McDonalds making food is \"\"better\"\" for GDP than me cooking food, which is fairly dubious.\""}
{"_id": "36853", "title": "", "text": "Lots of long answers.  The short answer is that speculation and growing confidence in the currency have increased demand.  Supply and demand tells us that the price will increase until holders of the product are willing to sell, or until the buyers are no longer willing to buy. My personal opinion is that we're seeing a bubble in action.  But have we passed the point where the market will stabilize after a correction?  Far too soon to say.  If I knew I wouldn't say and I wouldn't be slaving at a 9 to 5 job."}
{"_id": "36858", "title": "", "text": "I don't know about the liquidation. The capital doesn't evaporate, its source just becomes the corporation itself. The corporation becomes the sole shareholder and acts at the behest of the board. The board then decides both board matters and shareholder matters.  Once I talked that through, I realized no one would do this. If the board is in complete control, why clump the ownership together. The directors would be better served by clearly delineating their ownership interests by purchasing shares directly."}
{"_id": "36867", "title": "", "text": "\"Ugh. Follow the money trail. Who stands to make  $$$ off of the fake climate crisis? It's the same group that are lying 24/7 on all news outlets, using MSM NSA/CIA to influence elections- remember Wikileaks verified the NSA/Deep State has the capability to hack and leave a \"\"Russian footprint.\"\" Which it's what's happening now. I'm not sure who the hell bilderbergs are but most seem to be Anglo, as does grovers.  Somebody is pulling all the strings for a world government and it won't be long before our sovereignty (USA) is history.  Russia is moot. A distant 4th to USA, Britain, Israel The Deep State rules the world out of America.\""}
{"_id": "36870", "title": "", "text": "&gt; If someone dies and they find THC in their system, pot heads band together and say well he was a reckless driver so weed had nothing to do with it.  That's due to the fact that THC stays in your system for 6 weeks, it doesn't necessarily imply impairment."}
{"_id": "36880", "title": "", "text": "Currency exchange is rather the norm than the exception in international wire transfers, so the fact that the amount needs to be exchanged should have no impact at all. The processing time depends on the number of participating banks and their speeds. Typically, between Europe and the US, one or two business days are the norm. Sending from Other countries might involve more steps (banks)  which each takes a bit of time. However, anything beyond 5 business days is not normal. Consider if there are external delays - how did you initiate the sending? Was it in person with an agent of the bank, who might have put it on a stack, and they type it in only a day later (or worse)? Or was it online, so it is in the system right away? On the receiver side, how did you/your friend check? Could there be a delay by waiting for an account statement? Finally, and that is the most common reason, were all the numbers, names, and codes absolutely correct? Even a small mismatch in name spelling might trigger the receiving bank to not allocate the money into the account. Either way, if you contact the sender bank, you will be able to make them follow up on it. They must be able to trace where they money went, and where it currently is. If it is stuck, they will be able to get it \u2018unstuck\u2019."}
{"_id": "36912", "title": "", "text": "I work for a Big4 and there are no shared audit and consulting clients. We go through pretty extreme independence controls to make sure we don't even have personal relationships with clients. I know people who had to refinance their house because the mortgage company became an audit or consulting client.  It's a common misconception that big4s audit and provide consulting services to the same firm, but this is not true."}
{"_id": "36917", "title": "", "text": "It all depends on the trust level you have in them handling it correctly. If they never deposit it, it doesn't matter what happens to the check, they could frame it and hang it on the wall. The risk is that someone someday deposits it (incorrectly double-charging you), and you need to do what think is appropriate to avoid this risk. If your trust in them is too small, only sending it back to you makes sure that you physically control the check."}
{"_id": "36926", "title": "", "text": "Hi, are you a business lawyer and do you happen to know the answer? I tried asking someone at a Small Business Center but I think he started getting annoyed at all my questions and starting becoming curt so I stopped asking even though I still wasn't clear on all the answers yet."}
{"_id": "36935", "title": "", "text": "The Motley Fool article is correct that if you earn UBTI over $1000, you will need to pay the tax, even if held in an IRA.   C-corps won't generate UBTI, so you're fine with those.  For non-C-corps, the most common are REITs, MLPs, and BDCs.   REITs  These typically invest in either real estate property or mortgages.  The ones that invest in mortgages are sometimes notated: mREITs, and can occasionally generate UBTI.  Tip: Don't let this stop you from investing in REITs in your IRA.  REITs can be a great source of income and are best held in an IRA since the income will be tax free vs. your ordinary income tax bracket if held in a taxable account.  Some examples of mREITs would be NLY, CIM, AGNC.  Some property REITs would be: O, SNR, OHI, EQR. https://seekingalpha.com/article/1257351-tax-bomb-mortgage-reits-triggering-ubit MLPs Master Limited Partnerships are also pass-through entities, like REITs, but have the additional complication that most issue K-1 forms at tax time.  K-1s can be very complex when the MLP owns assets across state boundaries, which is why I actually PREFER to hold MLPs in my IRA (against the advice of M. Fool) since I won't have to deal with the tax complications of filing the K-1, just as long as my MLPs don't generate over $1000 of UBTI. https://seekingalpha.com/article/4057891-mlps-kminus-1s-ubti-oh BDCs Business Development Companies like REITs and MLPs are also pass-through entities in that the income they give you will be taxed at your ordinary income bracket if held in a taxable account.  Examples of BDCs include: MAIN, MCC, ARCC.  You'd need to consult their 10-K to determine if there is a risk of UBTI. Tip:  MLPs, BDCs, and especially REITs can all be very valuable sources of income and from my experience, UBTI is rare so don't let that scare you away if you otherwise like the investment."}
{"_id": "36945", "title": "", "text": "\"Black-Scholes! I work as LP in private market and every time I email some IR asking how some of their obscure convertible bond valuation is determined in their quarterly report, they just reply \"\"based on black-scholes model\"\" and all I can reply is \"\"thanks\"\". I never understand how that really works! Is there anyway you can go through a example, demonstrate how to calculate a simple investment instrument valuation using that model with me? Thanks a million!\""}
{"_id": "36946", "title": "", "text": "&gt;  I occasionally drive through a rough part of town and see the dumbest people just walking in the street. There is a sidewalk, but let's walk in the busy road instead.  They get used to walking in the street because of the poor conditions of the sidewalk.  Debris, broken-glass, overgrown.     While it is an extreme example, [this is a sidewalk I was trying to clear two weeks ago](http://i.imgur.com/KH2GuoG.jpg) in an urban area."}
{"_id": "36953", "title": "", "text": "&gt; So your point is, because capitalism was the system used during this this last tech boom, it should be worshipped and never questioned?  Of course not. Everything should be questioned.   Capitalism has helped poor people's quality of life for a lot longer than the recent tech boom.   &gt; If the drastic wealth inequality, which breeds situations like this, doesn't concern you, we have to agree to disagree.  This situation is definitely concerning. I feel really bad for the kids.   I don't agree that capitalism is what caused it. Capitalism is the reason she isn't eating stray cats or [her kids](http://www.dailymail.co.uk/news/article-4076244/Distressing-photos-1920s-Russian-famine-turned-hopeless-peasants-cannibals-five-million-people-starved-death.html).  I think [this man](https://www.youtube.com/watch?v=RWsx1X8PV_A) talks about wealth inequality more eloquently than I can."}
{"_id": "36959", "title": "", "text": "The media is not reporting this story correctly. The way Amazon will likely monetize this patent is by *preventing* brick and mortar stores from limiting your ability to comparison shop. The reason? Amazon is the primary beneficiary when shoppers check for prices in real time.   Sure, maybe Amazon will also use it to prevent comparison shopping in Whole Foods, but I really doubt that is the primary way Amazon intends to monetize the patent. If you're in Whole Foods, you probably aren't interested in going to Safeway, even though you already know it is cheaper."}
{"_id": "36961", "title": "", "text": "I just thought of some of the financial crisis/events of particular significance, and then also just thought of the world over the next ten years. I shouldn't have included the Cuban missile crisis... idk how that slipped in there. It wasn't a well researched comment by any means."}
{"_id": "37009", "title": "", "text": "\"Great, it's the old \"\"no true capitalist\"\" argument. It's hilarious how you keep seeing this, yet when you see the exact opposite version of the same argument, namely that all communist countries have been authoritarian nightmares and that this does not necessarily reflect the true ideology of communism, then suddenly you're a commie bastard.  If we agree that there are no state bailouts in \"\"pure\"\" capitalism, then please never again in your life disregard this argument when you hear it from a socialist.\""}
{"_id": "37032", "title": "", "text": "Small companies could have growth prospects. Large companies may not have that many. So look at ROE of companies by quatile to determine which companies have better growth."}
{"_id": "37034", "title": "", "text": "I implemented this in MatLab about 10 years back. You just calculate your conditional variance of the required assets (x_i), use matrix multiplication on the correlation matrix (rho_i_j) from the same asset (this could be a point of research but unless you are using extreme conditions on the VaR it makes little difference) then apply a standard Markiowitz optimisation approach. You can then just use simple Sharpe ratio (marginal return over conditional risk) at every point on the efficient frontier. Then choose the maximum Sharpe ratio point."}
{"_id": "37040", "title": "", "text": "\"First of all, not all brokers allow trading during pre-market and post-market.  Some brokers only allow trading during the regular hours (9:30am - 4pm ET). Second of all, while you can place orders using limit orders and market orders during regular trading hours, you can only use limit orders during pre-market and post-market.  This is because the liquidity is much lower during pre-market and post-market, and using market orders could result in some trades filling at horrible prices.  So brokers don't allow using market orders outside of regular trading hours. Third, some brokers require you to specify that you want your order to be executed during pre-market or post-market.  For example, my broker allows me to specify either \"\"Day\"\" or \"\"Ext\"\" for my orders.  \"\"Day\"\" means I want my order to execute only during regular trading hours, and \"\"Ext\"\" means I want my order to execute at any time - pre-market, regular trading hours, or post-market. Finally, if your broker allows pre/post market trading, and you place a limit order while specifying \"\"Ext\"\", then your trade can happen in real-time during pre-market or post-market.  Per your example, if a stock is trading at $5 at 8am, and you put in a limit order (while specifying \"\"Ext\"\") to buy it at $5 at 8am, then your order will execute at that time and you will buy that stock at 8am.\""}
{"_id": "37046", "title": "", "text": "San Francisco needs to have the rental rate bubble pop, and it would if Bart were operating 24hrs even at 20 or 30min intervals between SF's bart stops and the stops within Oakland. It would take a lot of pressure off of SF's real estate since right now you either live in the city or pay a shit ton on transit fees on cabs/lyft/uber whenever public transit shuts down."}
{"_id": "37056", "title": "", "text": "To get more exposure, you should record a video of you demonstrating the product. You can even create a user's guide to help out people who own the product, and to show the possibilities to potential customers. Post this video on your own website and on popular video hosting sites as well. Do not forget to tag your video with the right key words."}
{"_id": "37068", "title": "", "text": "\"the way they explain it is this: say you contribute 1 million each month from july 2010 to june 2011, they wait for the 12 million at the end of the year and \"\"start to invest\"\" it at the start of the next financial year (july 2011 to june 2012). so after june 2012, they'll get the profit, subtract admin costs and all, then announce the balance as interest. the interest announced applies to the whole 12 million from 2010-11. i guess the excuse here is that since they announce interest per financial year, they wouldn't have enough time to properly invest money collected towards the end months of apr, may and june, if they were to announce interest in the following july.. so they'd need another year to properly do the investing for that money collected.  how else would you handle giving interest for money collected in june? i can see their point but i just feel like there's something off there.\""}
{"_id": "37069", "title": "", "text": "Coming up with the best fashion styles for you can be very difficult. Make this task a lot easier by hiring personal stylist Marika Page. By using her experience in styling celebrities like Connie Talbot and Jaimie Alexander, she can easily come up with the best combination of clothes and accessories for you. What are you waiting for? Receive expert help today from Marika Page! Visit www.marikapage.com to learn more."}
{"_id": "37070", "title": "", "text": "\"There are two issues here: arithmetic and psychology. Scenario 1: You are presently paying an extra $500 per month on your student loan, above the minimum payments. Your credit card company offers a $4000 cash advance at 0% for 8 months. So you take the cash advance, pay it toward the student loan, and then instead of paying the extra $500 per month toward the student loan you use that $500 for 8 months to repay the cash advance. Net result: You pay 0% interest on the loan, and save roughly 8 months times $4000 times the interest on the student loan divided by two. (I say \"\"divided by two\"\" because it's not the difference between $4000 and zero, but between $4000 and the $500 you would have been paying off each month.) Clearly you are better off. If you are NOT presently paying an extra $500 on the student loan -- or even if you are but it is a struggle to come up with the money -- then the question becomes, can you reasonably expect to be able to pay off the credit card before the grace period runs out? Interest rates on credit cards are normally much higher than interest rates on student loans. If you get the cash advance and then can't repay it, after 8 months you are paying a very steep interest rate, and anything you saved on the student loan will quickly be lost. What I mean by \"\"psychological\"\" is that you have to have the discipline to really repay the credit card within the grace period. If you're not very confidant that you can do that, this plan could go bad very quickly. Personally, I've thought about doing things like this many times -- cash advances against credit cards, home equity loans, etc, all give low-interest money that could be used to pay off a higher-interest debt. But it's easy to get into trouble doing things like this. It's easy to say to yourself, Well, I don't need to put ALL the money toward that other debt, I could keep a thousand or so to buy that big screen TV I really need. Or to fail to pay back the low-interest loan on schedule because other things keep coming up that you spend your money on instead, whether frivolous luxuries or true emergencies. And there's always the possibility that something will happen to mess up your finances, from a big car repair bill to losing your job. You don't want to paint yourself into a corner. Finally, maxing out your credit cards hurts your credit rating. The formulas are secret, but I understand that if you use more than half your available credit, that's a minus. How much it hurts you depends on lots of factors.\""}
{"_id": "37106", "title": "", "text": "This has been going on forever. Hardened battlefield laptops were made by a small startup; I saw a demo of a realtime digital chart that was created by a bunch of guys in an office park (I think that got bought by one of the big contractors)  And I'll wager there are a thousand startups creating military solutions with Raspberry Pi (both ultraportable and massive scaling)"}
{"_id": "37110", "title": "", "text": "\"The Tax Court ruling Todd mentioned was that you can only do one roll-over in a 12-months period. I.e.: if you have already done a roll over (even if it is between different accounts) - you cannot do it again between any of your IRA accounts for 12 months. So for the \"\"60-days loan\"\" trick to work you must ensure that: You haven't done a roll-over within the last 12 months; and You're not going to do a roll-over within the next 12 months. Note, that the Tax Court took into the consideration that the IRS pub. 590 was explicitly saying that you can do multiple roll-overs as long as different accounts are involved. The Court ruled, that the IRS instructions are NOT a legal authority. I.e.: the IRS can write in the instructions whatever they want, but if it contradicts the law (as it did in this case) - the law always prevails. This is only for indirect rollovers (where you actually get the money and then re-deposit it within 60 days), trustee to trustee rollovers are not limited. This limitation is codified in 26 U.S. Code \u00a7 408(d)3(B).\""}
{"_id": "37116", "title": "", "text": "Yes. You got it right.  If BBY has issues and drops to say, $20, as the put buyer, I force you to take my 100 shares for $2800, but they are worth $2000, and you lost $800 for the sake of making $28.  The truth is, the commissions also wipe out the motive for trades like yours, even a $5 cost is $10 out of the $28 you are trying to pocket. You may 'win' 10 of these trades in a row, then one bad one wipes you out."}
{"_id": "37133", "title": "", "text": "\"withdraw in cash - bank reports it to IRS no matter what. Would this   affect my tax filing in the coming year? No, and no. The bank doesn't report to the IRS. In the US - the bank will probably report to FinCEN. It has nothing to do with your tax return. withdraw in check - bank does not seem to report it. Is this correct? Doesn't have to. Still might, if they think it is a suspicious/irregular activity. wire-transfer to another person's account - would this always be   slapped with a \"\"gift tax\"\"? If this is a gift it would. Regardless of how you transfer the money. Is it? Answers to your follow up questions: In the US, what documents do we need to prepare in case our large sum   withdraw from the bank triggers a flag in relevant government (local   and/or federal) divisions and they decide to investigate? Depending on what the investigators request. FinCEN would investigate money laundering, the IRS would investigate tax evasion, the FBI would investigate terrorism sponsorship, etc. Depending on who's investigating and what the suspicions are - different documents may be required. But the bottom line is that you should be able to explain the source of the funds and the destination. For example \"\"I found $1M in cash and sent it to some drug lord because he's such a good friend of mine\"\" will probably not fly. Does the (local/federal) government care if we stash our money (in   cash or check) under our mattress, if we purchase foreign properties   (taxable? documents needed for proof?), or if we give it away (to   individuals or organizations - individual: a gift tax, organization:   tax waivable) ? The government cares about taxes, and illegal activities. Stashing money under a mattress is not illegal, but earning cash and not paying income tax on it usually is. In many cases money stashed under the mattress was obtained illegally and/or income taxes were not paid. It seems that no matter what we do (except spreading thin our assets   to multiple accounts in multiple banks), the government will always be   notified of any large bank transaction and we would be forever flagged   since. Is this correct ? Yes, reportable transactions will be reported. Also spreading around in multiple accounts/transactions to avoid reporting is called \"\"structuring\"\" and is on its own a crime. This is for cash/cash equivalent transactions only, of course. Not sure about the \"\"forever flagged since\"\", that part is probably sourced in your imagination.\""}
{"_id": "37134", "title": "", "text": "The doing of it, the actual floral design part, is a small part of what that business is going to need. The needs of a small business are huge and varied.  For instance,  somebody will need to do the Quickbooks, handle the register and cash,  handle clients and follow-up.   Do payroll even if it is just the two of you. Handle insurance.  Place orders for inventory, develop relationships with suppliers to keep costs down. Do marketing. Calculate profitability and use that to determine pricing,  specials,  and discounting on bulk orders. Clean the shop and enable your flower arranger to work effeciently.  Need employees?  Then get ready for applications, interviews,  onboarding, reviews,  coaching,  and firing. Create checklists and best practices.  The Small Business Association is your friend. It's a government program that is already paid for by you,  and the employees are generally successful entrepreneurs that just don't feel like doing the 80 hours a week anymore. They will be so happy to mentor you and can really assist if you are looking for a loan to start up.   Small business isn't for everybody.  I think most people would rather work 40 hours a week for somebody else. If none of this scares you off, you might have what it takes. Starting and running a business is incredibly rewarding for me emotionally and financially and I wouldn't trade it for any job on the planet."}
{"_id": "37146", "title": "", "text": "Your adviser cannot advise you if you don't tell him the whole picture. You don't have to invest everything with the adviser, you can just say that you have the cash allocation portion already invested elsewhere, and he can consider your portfolio based on that information. He works for you and you pay him for this work, why would you want him to provide a result that you know is worthless, because you didn't tell him what he needs to know?"}
{"_id": "37152", "title": "", "text": "\"What you did is called a \"\"strangle.\"\" It's rather unlikely that both will be exercised on the same day. But yes, it can happen.  That is if the market is very volatile on a given day, so that the stock hits 13 in the morning, the put gets exercised, and then hits 15 later in the day, so the call gets exercised. Or vice versa. More to the point, the prices are close enough that one might be hit on one day, and the other on a DIFFERENT day. In either case, if one side gets hit, you need to reevaluate your position in the other. But basically, any open position you have can be hit at any time. The only way to avoid this risk is not to have positions.\""}
{"_id": "37158", "title": "", "text": "With the limited to I get to play games, I'll just buy the games I want to play. It may be a month in between sessions. I'm not going to subscribe to something I won't use that often. I'll continue to build a library and when I'm old and retire I'll have an awesome legacy game system to spend my crippled time on."}
{"_id": "37174", "title": "", "text": "&gt;They are inalienable rights.  Contract negotiations and dispute settlements are **not** an inalienable right.  Civil rights, right to a trial of my peers in a criminal matter, sure.  Being able to enter in to a contract with the furniture store to rent a recliner is not an inalienable right.    &gt; Our grandparents fought and died for this protection and you would simply throw it away without a fight. Shame on you.  our grandparents did not fight for an inalienable right for civil trials to take place.  Criminal trials, equal rights, sure.  civil matters, no.  They did not fight and die so that future generations can have their day in court to decide a contract dispute.  As I mentioned above, I don't believe in forced arbitration in contracts but to say that's what our grandparents fought for diminishes the sacrifices they did make."}
{"_id": "37183", "title": "", "text": "Bankruptcy law is complex. You need a lawyer who can advise you both on the statute and relevant case law for the district where you file. Your lawyer can advise you whether actions you contemplate are allowed.  You can obtain advice prior to filing as you seek to determine whether the law and the relief it offers are suitable to your situation. Anyone considering filing BK should know that they will need to provide fairly extensive information. You should learn about BK as you seek to understand whether that path is the best for your situation. You should ask your lawyer specific questions about your situation and try to learn as much as you can. You should read about the problems with taking out debt or making debt repayments to creditors (especially family) prior to filing BK. These actions could impact your case and cause it to be dismissed, and could even be considered criminal (again, you need a lawyer). Some things to learn about as you contemplate Bankruptcy Be aware that BK is federal law, and you will be required to provide extensive information about your financial situation.  You will be required to show up for the creditors meeting and testify that you have provided correct information.  The trustee may (will) supply objections to which you and your lawyer will need to respond. Among other things, you will supply, You should seek legal advice about things that might become important, Even though you will have guidance from your lawyer, you are the one seeking relief, and you need to understand your own situation and the law."}
{"_id": "37189", "title": "", "text": "\"Your question points out how most fractional reserve banks are only a couple of defaults away from insolvency. The problem arises because of the terms around the depositors' money.  When a customer deposits money into a bank they are loaning their money to the bank (and the bank takes ownership of the money).  Deposit and savings account are considered \"\"on-demand\"\" accounts where the customer is told they can retrieve their money at any time.  This is a strange type of loan, is it not?  No other loan works this way.  There are always terms around loans - how often the borrower will make payments, when will the borrower pay back the loan, what is the total time frame of the loan, etc..  The bank runs into problems because the time frame on the money they borrowed (i.e. deposits) does not match the time frame on the money they are lending.\""}
{"_id": "37194", "title": "", "text": "Multilevel marketing does not mean it's a scam.  MLM is one of a number of legitimate ways to run the sales leg of a business.  It's also one of the fairest: you get paid for the business you bring back to the company, period.  If you can keep a lot of referral salespeople working their butts off, great for you, you should reap the benefits for your effort.  How many salaried jobs give you this kind of incentive? If you have reservations, that's fine, but also be prepared to have someone smile and nod back at you. The things I'd check:"}
{"_id": "37211", "title": "", "text": "\"Unless this functionality is either an open API that any app on any platform can interact with, or Apple releases an Android app that can make use of this functionality, it won't go anywhere useful.  iOS might be a big deal in a lot of places, but overall Android devices take up something like 80% of the mobile OS deployments, compared to iOS's 15%.  Yes:  Android is way more fragmented, and has many more \"\"shitty\"\" devices, but we're talking basic messaging here, not games or complicated shit.\""}
{"_id": "37234", "title": "", "text": "Usually the market.  I'm a company issuing a 5-year bond with 5% coupon payments. It goes on the market to whoever is willing to pay the most for it. The prices that those investors pay implies what the required yield is. For instance, if they're willing to pay exactly face value for the bond, then that shows they have a required return of (in this case) 5%. Paying more or less for the bond implies a require rate less than or greater than 5%, with the exact amounts derivable with basic algebra.  The same principle can be applied to any other asset."}
{"_id": "37243", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://eurbaninsight.wordpress.com/2017/09/17/modelling-an-agent-based-general-equilibrium-model-in-python/) reduced by 93%. (I'm a bot) ***** &gt; The extension from this partial equilibrium in a single market to general equilibrium reflects the idea that it may not be legitimate to speak of equilibrium with respect to a single commodity when supply and demand in that market depend on the prices of other goods.  &gt; On this view, a coherent theory of the price system and the coordination of economic activity has to consider the simultaneous general equilibrium of all markets in the economy.  &gt; Labor print(&amp;quot;Price:&amp;quot;, price, &amp;quot;Product:&amp;quot; , product, &amp;quot;Labortime:&amp;quot;,labor ) def demand(lili, comps, wage): demand = totalwork = 0 totallabortime = 0 for indiv in lili: for comp in comps: indiv.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70sqwg/how_to_model_an_agent_based_general_equilibrium/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211887 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Price**^#1 **comp**^#2 **weight**^#3 **def**^#4 **market**^#5\""}
{"_id": "37244", "title": "", "text": "The reason is because there's basically no incentive for anyone to not be unrealistically optimistic (aka lie). The management wants to show its being active so they aren't replaced. The IB trying to sell a company wants to make it look as good as possible. The bank providing a loan for the acquisition needs to make it look good for their risk committee, so they won't try to sour down the claims in the CIM too much. The acquired company would rather make more money than less. The only person who loses is the shareholder. It's an agency problem."}
{"_id": "37249", "title": "", "text": "\"&gt;You are just being weirdly semantic and also failing to distinguish between North and South America. They are not both collectively called America. Nobody groups 2 continents together like that.  Stop embarrassing yourself. You are trying to save face by saying America is a country.   https://en.wikipedia.org/wiki/Americas  &gt;What point? I said Canada was protectionist and Canada is in the top to protectionist countries in the list you provided.  Because of your cognitive dissonance, you couldn't even understand the chart.  LOL. it is 10 biggest country. And all of them have low tariff and shows is not protectionist.  Again, I showed that you made completely big fool out of yourself multiple times.  http://www.businessinsider.com/wef-countries-with-highest-trade-tarrifs-2016-10/#t11-sierra-leone-138--sierra-leone-has-high-customs-tariffs-which-account-for-about-45-of-government-revenue-according-to-the-world-trade-organisation-9  **Yea. 28% to 14%.**  **Nowhere near 1-3% I showed where Canada was.**  LOLOL. Just sad. A trumper says all those countries are protectionist. Yet, all the data says opposite.  Are all trumpers argue like this?   This is pretty sad man. You cant even follow this, you got pretty rough life ahead of you.  &gt;What data would you like? America being increasingly protectionist and the stock market being at an all time high?  https://www.cnbc.com/2017/07/26/us-stocks-boeing-earnings-fed.html I already used your own data against you so in a way that is me using data and you've presented none.  Lol. None of that data says anything about protectionism. Are you joking? This is pathetic, mate.   So lets recap  Makes absurd claim. that Russia, China, US(calling it America), Canada are all protectionist. -&gt; Shows data that completely proves them wrong. Not to mention Russia is poor as shit. -&gt; Yells out unrelated comment. \"\"bu bu bu venezula!\"\"-&gt; Tells him I've never brought up venezula. -&gt; bu bu bu I say they protectionist cause they on top 10 list and couldn't even understand simple chart -&gt; Shows data proves opposite and tell him low tarrif rate of 1-3% -&gt; bu bu bu I now want to see other 185 countries.   This is hilarious and just pathetic.   I feel bad for you. Wait, are you Russian? Is that why you chose Russia as great protectionist country? LOLOLOL.   No wonder your life must suck. Blame it on trade and globalism that will help. Your lack of cognitive ability must have nothing to do with it.\""}
{"_id": "37256", "title": "", "text": "The Federal Reserve is a Government Corporation. They profit off of selling currency to everyone, they literally get paid to print money. It could cost them 14 cents for a dollar. This huge profit margins is why they dont mind making the penny. Other countries got rid of small currencies bc it costs the government not a corporation."}
{"_id": "37262", "title": "", "text": "\"Are you not allowed the y5 option?   I'm no guru, but one thing that sticks out to me in that plan is the vesting period of 5yrs as opposed to 10, so the money is \"\"yours\"\" in half the time....so if after 5yrs, you find a better gig, you can roll those benefits into another account and manage them on your own (or just leave and draw on them when you are eligible)  Then again, knowing that many municipalities are in shit shape due to their pension benefit liabilities, they may be pushing to the longer vesting period to a) encourage you to stay employed there and/or b) allow them to keep the money should you leave before that 10yr period  Like I said, though- I'm def no guru, and that is only one aspect of these plans.  I'd personally reach out to a financial planner so they can game it all out for you and equip you with the info to make the best choice\""}
{"_id": "37263", "title": "", "text": "We should also use video marketing as nowadays people prefer going through videos and i think those advertisement between the videos is a great way to give your business more exposure. Also we can build strong relation with people relevant to our industry and can easily grow our business."}
{"_id": "37269", "title": "", "text": "Note that this is just looking at public firms, whose numbers have declined while the overall number of firms has increased. It would be interesting to compare their profits to GDP, that might be a better measure to find out whether profits are more concentrated than they used to be.  Also note:  &gt; However, what could indeed be a deterrent\u2014especially for smaller companies\u2014is that the US Congress wields far more regulatory power over public companies than private ones, note the authors."}
{"_id": "37276", "title": "", "text": "Please take a look a Dave Ramsey's Baby Step plan.  It has all the details that you need to clean up your personal finance situation.   None of your options are good.   As some of the other answers mentioned, behavior modification is the key. Any idea will be worthless if you just wind up in debt again.  Many, many people, including me, have made the change using Dave's plan.  You can too. With regard to helping your son with tuition, are there better or cheaper options?  It does not make sense to put yourself in financial peril in order to cover college expenses.  I understand that is a tough decision but he is a man now and needs to be part of the real world solution.  Following the Baby Steps: The biggest factor is a belief that you can fix the mess. 30k is not really that much, with a good plan and focus, you can clean it up.  Good luck."}
{"_id": "37285", "title": "", "text": "you could say that Microsoft never hurt the consumer either. It was the bundling of file explorer with internet explorer that was litigated.  And even though they eventually settled, the almost decade of litigation but them in a constant defensive posture - major business decisions had to be run past the lawyers. Apple and google ended up drinking their milkshake."}
{"_id": "37288", "title": "", "text": "We actually have [a thread](http://www.reddit.com/r/GroceryStores/comments/10sldg/im_so_tired_of_this_grocery_shrinkray_bullshit/) about that going on right now in r/grocerystores.    It is a fine line to walk.  No one wants to visibly raise prices.  But they are still showing price per pound/ounce on the tag (right?  Every store I have been in shows that).  The consumer is partly to blame for allowing those shenanigans."}
{"_id": "37293", "title": "", "text": "Yeah good point about the 15%. I was thinking about short term where it's taxed at ordinary income. I do agree something has to be done I just don't know what because they have the whole system balanced. As soon as you introduce one change they figure out a loophole around it. It's screwed up"}
{"_id": "37306", "title": "", "text": "\"I used Quicken, so this may or may not be helpful. I have a Cash account that I call \"\"Temporary Assets and Liabilities\"\" where I track money that I am owed (or that I owe in some cases).  So if I pay for something that is really not my expense, it is transferred to this account (\"\"transferred\"\" in Quicken terms).  The payment is then not treated as an expense and the reimbursement is not treated as income--the two transactions just balance out.\""}
{"_id": "37310", "title": "", "text": "The U.S. Department of Ed offers Loan consolidation that you may want to take a look at: https://loanconsolidation.ed.gov/AppEntry/apply-online/appindex.jsp Going through a Government Agency as opposed to a private lender might reduce the burden (co-signers, collateral) you need to pass to get the loan."}
{"_id": "37327", "title": "", "text": "I was in a similar (but not quite as bad situation) a couple years ago, and I had a stroke of luck that helped me, but your friend might be able to force a similar situation. My parents refused to take out the huge parent loan (understandably so), but my dad made enough money that I wasn't eligible for much aid.  My stroke of luck came when they got divorced; I could refile my FAFSA with only one parent (using my mom with very little income), my aid shot through the roof and nearly covered my undergrad (this happened in California, I don't know if this works in other states). My advice for your friend would be to take the 6 units/part time job option, but do what she can to earn enough to pay her own rent/food/other bills.  I think the requirement for filing as an independent is that you supply >50% of your own income.  It won't kick in right away, but for next school year this would end up getting her a lot more money from the state/federal governments.  For me it was enough to cover my school, food, rent, gas, car payment, and still have a little left over. (I don't know if this is still possible, and I know it doesn't work for graduate school, or if it applies to every state.  It might be an option worth pursuing though)"}
{"_id": "37338", "title": "", "text": "So, they can either do this OR they can take their in-store customer experience up like a dozen notches.  What they can't do is have baseline in-store customer experience and higher prices than online.  That *can't* work, and they must know this.  As the generations roll forward there will be fewer and fewer people wandering into a Best Buy with no idea what a TV costs.  In fact, more and more people are walking around with internet connected barcode scanners that will do an instant nationwide price compare on the spot.  If you find an item you like in Best Buy and you scan the barcode and find it 25% cheaper online...can you want 3-4 days to get it?  Probably.  If they just keep trying to go along as a high price retailer they're done.  They'll be bankrupt in less than 10 years."}
{"_id": "37346", "title": "", "text": "I don't know how fast are wire transfers between bank accounts in the US, but here in Europe we can have them in under an hour usually for an extra fee (during bank working hours) - so you could take a laptop with Internet connection to the transaction, make a wire transfer and wait that hour drinking coffee for the transfer to arrive before handing the keys and papers and the buyer driving away."}
{"_id": "37381", "title": "", "text": "Thats like the first European Settlers telling the Native Americans that smallpox was manageable back home.  Doesn't matter where it started, it matters who has immunity.  Unfortunately neither our countries' female tween populace just didn't. **EDIT** *Unfortunately neither our countries female tween populace had it*."}
{"_id": "37382", "title": "", "text": "\"If it's work you'd be producing specifically for this organization, that would not be deductable. Per Publication 526, Charitable Deductions, \"\"You can't deduct the value of your time or services, including: \u2026 The value of income lost while you work as an unpaid volunteer for a qualified organization.\"\" On the other hand, if you were say an author of a published book or something (not specifically written for this organization), you could donate a copy of the book and probably deduct its fair market value (or perhaps only your basis, if it's your business's inventory).\""}
{"_id": "37398", "title": "", "text": "Cash-back also lets the store turn hard currency into an electronic transfer or check, which reduces the hassle/risk of hauling bagfulls of cash to the bank. (The smaller stores I've spoken to have called this out as a major advantage of plastic over either cash or checks. I'm assuming that the problem scales with number and size of transactions.)"}
{"_id": "37410", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://medium.com/@sethmiller_59231/this-is-how-big-oil-will-die-38b843bd4fe0) reduced by 91%. (I'm a bot) ***** &gt; Oil fuels the most politically volatile regions in the world, yet we&amp;#039;ve decided to send military aid to unstable and untrustworthy dictators, because their oil is critical to our own security.  &gt; Big Oil will be cut down in the next decade by a combination of smartphone apps, long-life batteries, and simpler gearing.  &gt; To understand why Big Oil is in far weaker a position than anyone realizes, let&amp;#039;s take a closer look at the lynchpin of oil&amp;#039;s grip on our lives: the internal combustion engine, and the modern vehicle drivetrain.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hafjz/autonomous_electric_cars_will_be_the_demise_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~144319 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **oil**^#1 **vehicle**^#2 **mile**^#3 **cost**^#4 **year**^#5\""}
{"_id": "37422", "title": "", "text": "How many people work 80 hour weeks and succeed?  How many people work 80 hour weeks and fail despite that?  Hard work can only get you so far. You can only try to put yourself in the right place at the right time, if the opportunity appears, you succeed if not, you fail."}
{"_id": "37437", "title": "", "text": "\"Yeah, hence the \"\"it is more complicated\"\" line. I don't have all the facts, I just know our govt is colluding with these guys in wall street and The Fed, etc... and it is all about making certain people very rich and basically looting the middle class.\""}
{"_id": "37443", "title": "", "text": "\"&gt; Gotta keep coming back don't ya.  Yep!  I like good discussion.  &gt; You admitted you were wrong...  I was not wrong.  Insurers are now dropping out of Obamacare mainly because of Trump not enforcing the mandate.  The fact that insurers dropped out before doesn't invalidate my statement.  &gt; ...then sent a opinion piece with no actual data - just feels.  I included that to show the reasons insurance companies left before are different than their reasons today.  It's fine if you disagree with that opinion piece's solution.  &gt; Then you tell me you agree but is another topic. Then 2 fucking sentences later \"\"address the cost of care\"\". I fucking give up.  There are three critical elements to healthcare: cost, quality, and access.  Low cost care is of no benefit if it is unavailable or of low quality.  The ACA only focused on one of those three elements: access.  The goal of the insurance portals and medicaid expansion was to get more people insured which is why the \"\"more people covered\"\" metric is the one you always hear.  There were a few things in the bill to control quality but other than the mandate to keep premiums down there was nothing to control cost.  This is why when talking about the ACA, the chargemaster is another topic.  The ACA is about increasing access, not lowering cost.  If you want something done about costs and the chargemaster, you need our government to pass a whole different healthcare bill.\""}
{"_id": "37449", "title": "", "text": "You could buy some bitcoins with your credit card and then convert them back to physical money."}
{"_id": "37454", "title": "", "text": "This is excellent advice. I would make sure that you arm yourself with some solid questions about the company including reformatting some of the questions that they ask you. Interviews should be a two way conversation, the more you get them talking, the more comfortable they'll be to recommend you. Some questions to ask: 1. Tell me a bit about your (interviewer) background? This gets them talking a bit and allows you to relate with them 2. Where do you see the company moving in the next 5 years? 3. Why is this job opening available? 4. Can you tell me a bit about the corporate culture? 5. How can the company invest in me? 6. What are the qualities that will make me successful in this job? 7. Tell me a bit about our competitors (you should know some of them) and what sets this company apart? Make sure you're armed with as much information about the company as possible. One of the things that set me apart when I interviewed at the company I'm working at now was I came into the interview with the company's financial report and started asking specific questions about details on that report. Also, MAKE SURE TO GET A BUSINESS CARD OR CONTACT INFORMATION BEFORE YOU LEAVE. Thank you letters are an annoying formality, but it is necessary, don't rely on the recruiter to give you that information."}
{"_id": "37455", "title": "", "text": "The fact that he was even in reach was because amazon stock has been doing well lately, up 36% in the past year (though it should be noted that microsoft is up 30% in the same time period).  The fact that it didn't last long was just because of daily fluctuations which were responsible for both randomly pushed him up over the threshold and pushing him back down again.  It is still really close and he could easily swap places will Bill Gates several times over the next few weeks until longer term trends take over and start to push them a little further apart and one of them emerges the winner for now."}
{"_id": "37473", "title": "", "text": "That statement above was your own in the context of discussion degrees and college education. From the context in the discussion that statement appears to say you support college as being the way people become educated in civics. It may not have been your intention but it is exactly how it reads to me and perhaps others as well."}
{"_id": "37484", "title": "", "text": "&gt; if govt does it's job of keeping some competition in the banking sector, then the rates offered you and me should be near the actual cost to service such loans,   You cannot really believe this.  There is no sector more artificial than banking, and under the current regime there is no such thing as a relation between any interest rates and the cost to service the loans.  Rates have been artificially depressed across the spectrum using every available manipulation, and we are experiencing a coordinated money-printing/government bailout operation on a global scale.  To say that rates anywhere have any relation to the real cost and/or demand for capital is absurd."}
{"_id": "37506", "title": "", "text": "I think companies should be able to reduce their tax burden to zero as long as they produce a net benefit to their host country. Taxes for corporations should be ways of influence and reducing cost of having the business in the country due to externalities like pollution and influence things like against outsourcing."}
{"_id": "37508", "title": "", "text": "I know that if you make more, you pay more, but do those who have   more, not make more, pay higher income tax? In general, no. In most locales, income tax is based on income, not on wealth. I am retired. I have little income but a fair amount of wealth. I play very little income tax. (But I do pay other kinds of taxes.) Here's a scenario. 2 people of average wealth with similar situations   have the same job with equal pay. After 5 years, their situations   haven't changed and they still earn equal pay, but now one has $40,000   in their account and the other $9,000. Does one now pay higher income   tax because he has more in his account or does he pay the same because   he makes the same? In most locales, you pay income tax on everything that is counted as income. Your salary is income. In some cases, earned interest is income.  But aside from the earned interest from your bank accounts, neither the $40,000 nor the $9,000 is income. Your huge mansion isn't income. Your expensive car isn't income. The huge amount of land you own isn't income. The pricey artwork on your walls isn't income. You don't pay income tax on any of these, but your local may impose other taxes on these (such as property tax, etc.) [Note: consult the tax laws of your specific locale if you want to know details.]"}
{"_id": "37517", "title": "", "text": "Let's start with a definition: A Collar is a protective strategy for a position in the underlying instrument created by purchasing a put and selling a call to partially pay for the put option purchased or vice versa. Based on that definition, there are two different types of collars. Each is a combination of two simpler strategies: References Multi-Leg Options Orders"}
{"_id": "37558", "title": "", "text": "\"Market cap is speculative value, M = P * W, where W is stock (or other way of owning) percentage of ownership, P - price of percentage of ownership. This could include \"\"outside of exchange\"\" deals. Some funds could buy ownership percentage directly via partial ownership deal. That ownership is not stock, but fixed-type which has value too. Stock market cap is speculative value, M2 = Q * D, where D is free stocks available freely, Q - price of stock, in other words Quote number (not price of ownership). Many stock types do NOT provide actual percentage of ownership, being just another type of bond with non-fixed coupon and non-fixed price. Though such stocks do not add to company's capitalization after sold to markets, it adds to market capitalization at the moment of selling via initial price.\""}
{"_id": "37561", "title": "", "text": "I have a personal theory that due to Warren Buffett having the entire faith and backing of Wall Street, that it definitely plays into his returns. Look at the mortgage originator he sank money into that was truly a terrible business. A whole lot of Wall Street poured money into it right after as well. I don't think he would be as consistent if he were only buying a handful of shares and couldn't influence the entire price as a whole, but I'm not denying historically he's made a lot of good picks."}
{"_id": "37568", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Bitcoin explained real easy.  Raise Your Frequency S1.E1 Description | Bitcoin explained real easy so anyone can understand what it is and how it works..     You decide which system you prefer:   current money system: https://www.youtube.com/watch?v=G9IH-XKQpOI  current money system: https://www.youtube.com/watch?v=PhSIfVyvDdM current money system: https://www.youtube.com/watch?v=JuP2hH0Kpro current money system: https://www.youtube.com/watch?v=Bx5Sc3vWefE   Bitcoin: https://medium.com/zapchain-magazine/the-10-best-videos-to-watch-to-learn-about-bitcoin-c34f98f2fed... Length | 0:26:48           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "37582", "title": "", "text": "Does the friend fix your electrical wiring and the engine of your car? If you need a professional advice - ask a professional. In this case - an accountant (not necessarily a CPA, but at least an experienced bookkeeper). Financial Statements (official documents, that is) must be signed by a public accountant (CPA in the US) or the principle (you). I wouldn't take chances and would definitely have an accountant do that. You need to consider the asset useful life, and the depreciation. The fact that you use it for non-business purposes may be recorded in various ways. One that comes to mind is accounting as a supplement for depreciation: You depreciate the percentage that is used for business, and record as a distribution to owner the rest (which is accounting for the personal use). This way it would also match the tax reporting (in the US, at least). Bottom line: if you're preparing an official financial statement (that you're going to submit to anyone other than yourself) - get a professional advice."}
{"_id": "37601", "title": "", "text": "Secondly, should we pay off his student loans before investing? The subsidized loans won't be gaining any interest until he graduates so I was wondering if we should just pay off the unsubsidized loans and keep the subsidized ones for the next two years? From a purely financial standpoint, if the interest you gain on your savings is higher than the interest of the debt, then no. Otherwise, yes. If we were to keep 5,000 in savings and pay of the 3,000 of unsubsidized loans as I described above, that would leave us with about 15,000 dollars that is just lying around in my savings account. How should I invest this? Would you recommend high risk or low risk investments? I'm not from the US so take my answer with caution, but to me $15,000 seems a minimum safety net. Then again, it depends very much on any external help you can get in case of an emergency."}
{"_id": "37632", "title": "", "text": "I'm a plaintiffs attorney in Texas. I've read both sides of the issue and my conclusion is shaded by: when one side speaks, who benefits and what's their motive?  Insurance companies lie and deceive and delay and deny. All day. After September 1 comes and goes, you'll hear nothing more from the insurance side because they've officially beat the clock."}
{"_id": "37635", "title": "", "text": "\"any major brokerage firm will have something like this. more speculative rumors will typically not make their way to the \"\"news\"\" there, though; the news feeds are from established wires, who don't report on those things until confirmed.\""}
{"_id": "37636", "title": "", "text": "Rich people use debt for various reasons. The question should not assume that billionaires don't use debt. They also pay lower interest rates on that debt because they have enough collateral that their debt is safer than a typical mortgage. Many rich people will use interest only mortgages on their primary residences so that they can keep their stock earning at higher growth rates than the mortgage interest that they are paying all while writing off a portion of that mortgage interest on their taxes.  Taking an artificially low salary and receiving equity for the larger portion of compensation is also a tax strategy to limit the amount of taxes owed on that income. If paid directly in stock grants, that will count as income, but if paid in options, then the purchased stock will only be taxed at the lower capital gains rates if the stock is held for a year after the options are exercised. Every billionaire will have complicated tax avoidance strategies that will require multi-year planning for the best long-term minimization of taxes. Debt is a strategic part of that planning. Also consider that a major part of that upscale lifestyle (corporate jets, fancy meals, etc.) is on the company dime because the CEO is always on the clock. As long as he is meeting with business prospects or doing other company business, those expenses will be justified for the corporation and not attributed as income."}
{"_id": "37659", "title": "", "text": "\"I kind of understand the \"\"basics\"\", and have done a couple (with the assistance of pre-made excel sheets haha), I just don't feel that I'm creating an actual valuable valuation when I do one. While on the topic though, do you know where an individual investor can calculate the cost of debt for the WACC? I've been looking on morningstar and search up that public company and take the average of the coupon on all outstanding bonds. I don't feel like that's very correct though :(\""}
{"_id": "37662", "title": "", "text": "Traveller's cheques. That's exactly what they were intended for. Their usage has dropped a lot since everyone can use ATMs in foreign countries, but they still exist."}
{"_id": "37679", "title": "", "text": "1% seems to be an equally shaming understatement:  Approximately 39.6% of men and women will be diagnosed with cancer at some point during their lifetimes (based on 2010-2012 data).  https://www.cancer.gov/about-cancer/understanding/statistics  Of course not all poor people get cancer, but when close to 40% of the total population does, I think it is safe to say allot more than 1 % of the poor do get cancer and many other things that cannot be planned for."}
{"_id": "37694", "title": "", "text": "Do you know what you're interested in?  Sounds like you're focused on debt/equities with your certifications and past experience.  Do you want to stay in that field or do you want to try other finance related activities?  The first I cannot comment on and the second may require a pivot of your career (and potential earnings change).    It really depends on if you're generally happy doing what you're doing today or not."}
{"_id": "37698", "title": "", "text": "\"It's a front; a farce.  It's nearly suicide for a corporation (which relies on voluntary customers) to say they're \"\"against\"\" climate change - interpret that statement how you will.  So they say \"\"*oh yeah, environment, great stuff, we love it, pollution bad, green good - we'll reduce our CO2*\"\".  So they find some stupid project, reduce their emissions by whatever-% - ya know, throw a couple spare bucks at it, greenwash the shit out of it.  And probably get half those dollars back as a green tax credit anyway.  Meanwhile, their bottom line and day-to-day operations are largely unaffected.  And the costly stuff - MACT compliance, legislation, taxes - the things that make  environmental responsibility *really*  happen - they want no part of that.  So they pay of their politicians to promote that as \"\"*job killing*\"\" and quietly let them haggle over details.  Or better yet - stall indefinitely.  So everybody wins.  Kind of.\""}
{"_id": "37699", "title": "", "text": "&gt; Factorys in many places are begging for help at the moment.  I've heard the opposite for most actually. Sure there are some like the one in the article, but if you look around, we have too many applicants for most jobs. We have tons of illegals that take the jobs and automation.  &gt;  It is something though to atleast consider how it affects society because 20 years ago all people could find jobs when now they cannot.  Well, sorry to tell you this, but liberals constantly shoot themselves in the foot with their policies that only screw them.  For example, illegals have taken tons of jobs. Its a liberal thing to allow them and even support them.  High minimum wage has also cut down the number of jobs. There are areas that pay $15/hr or close to it for people that can't read or write their own name. They can't even count to 10 in their own language. So what happens? You cut staff and make each employee do more work.  If they employee is worth $15/hr, I believe in paying it, but its clear these people are not. They wouldn't get laid off or replaced by automation if they were"}
{"_id": "37710", "title": "", "text": "It's just odd to me these pieces that try to talk up the economy never mention the Fed has $5 trillion in Tbills and Mortgage Backed Securities and still climbing fast. Even if the economy was great now, what do you think happens when they stop buying these bonds? And what if they don't? If the FED has $15 trillion, is that too much? You people never take a stand on either of those two. Edit: spelling"}
{"_id": "37725", "title": "", "text": "\"Your comment to James is telling and can help us lead you in the right direction: My work and lifestyle will be the same either way, as I said.   This is all about how it goes \"\"on the books.\"\" \u00a0\u00a0 [emphasis mine] As an independent consultant myself, when I hear something like \"\"the work will be the same either way\"\", I think: \"\"Here thar be dragons!\"\".  Let me explain: If you go the independent contractor route, then you better act like one.  The IRS (and the CRA, for Canadians) doesn't take lightly to people claiming to be independent contractors when they operate in fact like employees. Since you're not going to be behaving any different whether you are an employee or a contractor, (and assuming you'll be acting more like an employee, i.e. exclusive, etc.), then the IRS may later make a determination that you are in fact an employee, even if you choose to go \"\"on the books\"\" as an independent contractor. If that happens, then you may find yourself retroactively denied many tax benefits you'd have claimed; and owe penalties and interest too.  Furthermore, your employer may be liable for additional withholding taxes, benefits, etc. after such a finding. So for those reasons, you should consider being an employee.  You will avoid the potential headache I outlined above, as well as the additional paperwork etc. of being a contractor. If on the other hand you had said you wanted to maintain some flexibility to moonlight with other clients, build your own product on the side, choose what projects you work on (or don't), maybe hire subcontractors, etc. then I'd have supported the independent contractor idea.  But, just on the basis of the tax characteristics only I'd say forget about it. On the financial side, I can tell you that I wouldn't have become a consultant if not for the ability to make more money in gross terms (i.e. before tax and expenses.)  That is: your top line revenues ought to be higher in order to be able to offset many of the additional expenses you'd incur as an independent.  IMHO, the tax benefits alone  wouldn't make up for the difference. One final thing to look at is Form SS-8 mentioned at the IRS link below.  If you're not sure what status to choose, the IRS can actually help you.  But be prepared to wait... and wait...  :-/ Additional Resources:\""}
{"_id": "37727", "title": "", "text": "If you break down the math it comes out to a loss to the IRS. Does every Fortune 500 store profits over seas? How much does Comcast store? Because they pay 33% in taxes. Paying 15 comes to a loss for the IRS. These companies are not improving on anything anywhere. Record profits and yet it's not invested back anywhere that helps the citizens. Why would it be invested after they have more money? Apple didn't when they made 30b, 40b, 50b 60b now almost 70b profit after taxes. Why would they if they make 80b?"}
{"_id": "37777", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-03/u-s-missile-defense-gets-400-million-as-north-korea-threatens) reduced by 71%. (I'm a bot) ***** &gt; Congressional defense committees have approved shifting more than $400 million from other accounts into missile defense programs to clear the way for more ground-based interceptors, sensors and upgrades to Navy anti-missile vessels in the face of threats led by North Korea.  &gt; The shift of funds reflects a growing determination at the Pentagon and in Congress to bolster missile defenses as North Korea vows to perfect nuclear missiles that can hit the U.S. mainland as well as allies in Asia.  &gt; An additional $8 million is shifted to supplement the $219 million already budgeted to potentially increase the number of interceptors to 64 from the current 44; and $15 million would go to software upgrades to the Boeing-developed floating Sea-Based X-Band radar used to precisely track an intercontinental ballistic missile in mid-flight.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74loz8/us_missile_defense_gets_400_million_after_north/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~223049 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **million**^#1 **request**^#2 **missile**^#3 **defense**^#4 **shift**^#5\""}
{"_id": "37819", "title": "", "text": "\"I would recommend to draw 25000 from annuity at 10% penalty. Its important to understand that you pay the interest on credit card debt per annum. You pay the penalty on withdrawal from low-yield annuity only once! Imagine that you don't pay your credit card debt for 3 years. It explodes from 25000 to 33116 (more than 8 thousands wasted!)! The average APR of your card debt is (minus for you) 9.82%. That is you pay your penalty each year! I didn't get exactly how your annuity works, but given 1% of \"\"guaranted\"\" effective interest, I wouldn't expect much above it. If you want some kind of mixed solution and gain some time, you could first pay off the card debts #2 and #3, then the APR goes down to (minus for you) 7.24, i.e. that of the card debt #1. However, even in this case you should draw money from annuity at penalty, if you can't pay it down in let's say 1.5 years.\""}
{"_id": "37823", "title": "", "text": "What sort of emergency requires payment up front for which 2-3 days processing of a stock sale would pose a problem? In my case, the sudden and unexpected death of my wife. Back in 2011, my wife was struck and killed in a traffic incident. I had to immediately (not in 2 - 3 days) cover 50% of the entire costs of the funeral. The balance was due shortly after, though I now forget if the balance was due in 7 days or in 30. I suspect the latter. The life insurance paid out in approximately 4 months for this simple case. Even if your mortgage is insured, you still have to pay the entire balance, along with living expenses, until the paperwork is resolved. And, again in simple cases, assume this will take months rather than days or weeks. My point is, the funeral is only one of the expenses you'll have to cover in such a situation, though generally you'll have sufficient lead time for the other expenses, where your investments would likely be sufficiently liquid. Yes, a credit card would (and did) help in this situation, but if you have no credit card (as your question poses), you need ready access to thousands of dollars to cover this sort of eventuality. My bank told me that many people in such a situation have to take out an emergency loan the very day their spouse dies. Let me assure you this would be... emotionally difficult. Funerals vary widely in price. The Motley Fool indicates the median cost of a funeral with a vault was $8,343 in 2014. Crematory fees, a headstone, flowers, food, obituaries, all add to this cost. My total cost was closer to three times the median, though some of the expenses (headstone, primarily) came later. I'm sure I could have gone for a cheaper funeral, though it's hard to make rational economic decisions at that sort of time. I don't recall the exact amount I had to put down, but it was somewhere around $6000 - $8000. (No need to leave a comment expressing condolences; thanks, but I've already had plenty and now my goal is to help share knowledge. :) )"}
{"_id": "37847", "title": "", "text": "If all you look at is the people that can afford houses, then you're just primarily looking at banking policies -- who they will make a loan to, and on what loan terms; which are fairly consistent over time.  FRED's home ownership statistic is calculated as the number of households that are owned; it makes no distinction between a household with a college grad still living with their parents because they can't afford living on their own.  Apartment leases aren't getting cheap either."}
{"_id": "37851", "title": "", "text": "Fair enough, do what you want, but the issue is that the physical store is providing you with valuable services that you are taking advantage of (you get to see the shoes before you buy them, try them on, get advice from employees, etc.) without paying for."}
{"_id": "37852", "title": "", "text": "Having no debt should be the ultimate goal for every household, IMHO, but at what cost? As an example, I had some clients (before they started working with me) that had outstanding debt when they retired and were gung-ho to pay it off.  They opted to take it out of their retirement accounts.  They didn't set aside enough for taxes which was their first mistake.    After a few years, they now have realized they should not have paid off everything as now they have other medical issues that have arisen and not enough in their retirement accounts to satisfy their monthly requirement."}
{"_id": "37861", "title": "", "text": "Note that this is not my site -- I just googled it to get a web-based sha page.  Personally, I just wrote a quick php script that spit out on my own web server:  echo sha1('mypass');  ran it and then checked...   But I agree the info above is relevant - avoid giving out any sensitive information, although just a random password to a random web site isn't super helpful"}
{"_id": "37864", "title": "", "text": "\"You can renounce it whenever you like, however you can't be living within that country and under the umbrella that the country provides otherwise someone is going to say \"\"you might claim that you are not a citizen, but your actions and physical residence would claim otherwise\"\"...\""}
{"_id": "37870", "title": "", "text": "In general it's mostly inertia:   There are tons of reasons and they would vary from region to region."}
{"_id": "37880", "title": "", "text": "\"This question is calling for a somewhat subjective answer. What I would recommend is liquidate now, since it is a stock fund and stocks have performed very well this year, no need to be greedy and hope that they do as well in 2014. Since it is not an enormous amount of money, put it in an interest yielding savings account which unfortunately are all sub 1%. But the key here is since we cannot predict the markets, no investment is going to be \"\"safer\"\". You want the 18k to be there when you need it for the down payment. If you invest it in a fund now, you may not be able to get at least 18k at the time you are forcing yourself to liquidate. A good rule for investing is never to have to sell to make a purchase because there is a high probability that you will be selling at a sub-optimal price. Some savings accounts that have slightly higher yields. http://money.cnn.com/2013/10/01/pf/savings-account-yields/\""}
{"_id": "37900", "title": "", "text": "Congratulations to you and good luck and good health with the baby. I had a friend in a similar situation, and I told him that he could do quite well by putting out the word to an upper-middle-class neighborhood that he was available to setup routers, home networks, etc.  I suggested that he could start at a low enough wage that people would see the beneficial tradeoff to having him come over for a few hours versus doing it themselves. After a few months, he hired someone to take the extra work he was receiving, and directed the more routine requests his employee.  He had a full-time job plus all the extra work he wanted.  Most people who hire him simply want someone they would trust in their home, and his service spread by word-of-mouth.  He also got to meet many people who liked him and were impressed by his work ethic, resulting in many good connections if he ever wanted to pursue other employment. My friend was an IT professional, the best support person at our tech-heavy firm, so he wasn't giving his time away.  He did enjoy doing it, and he did enjoy the extra money.  On an hourly basis, especially once he added the assistant, he was making more on the side than he did at his job.  However, I believe he did start lower than that. Good luck!"}
{"_id": "37909", "title": "", "text": "\"netting means to combine cash inflows and outflows (e.g. debits/credits, payments/receipts, income/expense) by subtracting the sum of all outflows from the sum of all inflows, creating one transaction.   For example, if you make two trades in one day with your broker - one to buy a security for $100 and one to sell it for $110 - rather then you sending your broker $100 and them sending you $110, the transactions are \"\"netted\"\" - meaning they will send you the \"\"net\"\" amount of $10 ($110 inflow - $100 outflow). In a more general sense (\"\"netting of instructions\"\") it would mean to combine all instructions and only apply the \"\"net\"\" effect - e.g. one step forward, two steps back would combine to a \"\"net\"\" one step back.  Most likely it will apply to the exchange of money, but it could be applied more broadly. Note that there doesn't have to be both inflows and outflows. You can also \"\"net\"\" multiple inflows (or outflows) into one transaction by just adding them all up, but typical business usage is to reduce the number of transactions by combining inflows and outflows.\""}
{"_id": "37911", "title": "", "text": "They do not try to force sales and are not driven by them either. They truly essentially need clients to be informed enough to make their own choice and eventually to be happy with their decision. Though you visit the shop of electric bike in Canterbury you will probably be welcomed with a hearty hello from the friendly team and expeditiously offered some tea."}
{"_id": "37917", "title": "", "text": "\"How is this anticompetitive? You're welcome to buy goods from someone other than Amazon, Amazon isnt colluding with other vendors to do the same, or sell at the same price...   If Amazon decided tomorrow \"\"I dont want to carry this Disney shit\"\" I dont see how thats anti-competitive. Amazon has a strong negotiating position however.\""}
{"_id": "37925", "title": "", "text": "Hello, feel free to remove this if it doesn't belong here. I am a journalist and I am looking to get more involved in tech and finance related things, so this is where I am starting. **What are some finance-related stories that you believe are not being covered in the news well enough?**"}
{"_id": "37928", "title": "", "text": "\"[Netflix is targeting 50% in-house content \"\"within the next few years.\"\"](http://variety.com/2016/digital/news/netflix-50-percent-content-original-programming-cfo-1201865902/)  It says right now it is about 1/3 of the way there which - to me - works out to about 16.5%.  So maybe \"\"rarely\"\" wasn't the right word, but a large majority of the content it streams is not in-house.\""}
{"_id": "37936", "title": "", "text": "Don't worry! Once we get those for profit prisons up and running Americans will have no problem finding jobs. Just expand what counts as illegal, crack down on illegal activity, and millions upon millions of Americans will be employed. At $.50/hr.  And the added bonus is that we'll be able to compete with third-world labor!  Who says there isn't a plan to make America competitive on the world labor market?  ... now if you'll excuse me I'm going to go bury  my tinfoil hat. It's scaring me."}
{"_id": "37940", "title": "", "text": "This might be a question better suited for r/askeconomics or just r/economics. Ben Bernanke is an excellent source on the Great Depression, however, and he's very good if you want to understand these crises from an economic point of view."}
{"_id": "37954", "title": "", "text": "Different rates. What the BoE is conducting is known as Quantitative Easing, which is a form of monetary policy avalable to central banks whenever interest rates are already too close to zero or at zero (just like in the UK). In this case, the central banks hopes to influence longer-term rates, rather than just short-term rates. It is useful to remember that the rate central banks announce is a short-term rate used for interbank lending."}
{"_id": "37959", "title": "", "text": "FINRA lets you view recent trades, but as stated in the other answer bonds are illiquid and often do not trade frequently. Therefore recent trades prices are only a rough estimate of the current price that would be accepted. http://finra-markets.morningstar.com/BondCenter/Default.jsp"}
{"_id": "37960", "title": "", "text": "\"Well, all of the previous answers already mentioned the upcoming scam and danger situation for your financial position. I thoroughly read all answers and wanted to add a few more lines on it. Cort Ammon) already shows details of it. Any kind of financial transaction involving a complete stranger is the first big scam tag that shows up and this should always 'Never Fall In' type situation. If you open a new bank account or give away any existing bank account to this lady, other than just losing some amount, you might pay earlier than clearing checks you deposited on behalf of your 'stranger' partner. Depending on their target/plan/experience with your bank account they can make you a victim of a bigger crime. There is a full length of scam plans, like sending you false checks to deposit and ask you withdrew money to send them back to even having very big incoming transaction to your account sitting idle on your account which might originate from a crime beyond the financial domain. You can try to be smart, thinking in mind, well, let them send some, I will never send them back before bank declare the deposited checks got horned and clear (and send back the amount after keeping your share). But, still you will face problems later. Even if your account fills up with real money and after confirming with bank you find it OK and never return them (scam a scammer). Still you will not have any valid authority or answer describing how/why you got this money if someone ask you later. Depending on scammer's ability, they might even give you control over fund to spend for your own (to gain some trust from your part). On this type of scam it is a sign of an even bigger danger. I live such a country, Bangladesh, from where recently they successfully transferred out around US$10 millions using a bank account of an outsider like you keeping in between source of money and final unknown destination. The result is the owner / operator of those accounts used for these transfers are now under law enforcement pressure, not only just to find out where ultimately money has gone, but for sure they will face some degree of charge for helping transfer of illegal money overseas\"\". For someone who is not part of a full scam chain it is a big deal. It might ruin their life forever. To be on the safe side, and help protect others from falling on the same type of problem you may contact your local law enforcement agency. Depending on the situation, they might be interested to run a sting operation using your information and support to catch and stop the crime going to happen soon or later. I would give a rare chance of 2% legitimate reason for anyone to use a third-party bank account to pay some other living either different country (still it is not legal, but a lower-type crime). But obviously they will not ask randomly over the Internet/social network sites. In your case this is a real scam. Be careful and stay safe; Good Luck.\""}
{"_id": "37961", "title": "", "text": "\"&gt; The article is dead on that cable is grossly overpriced.  Cable isn't grossly overpriced. If it were, more people would be canceling their subscriptions, and/or the cable/fiber/dish networks would be offering discounted *\u00e0 la carte* plans to steal subscribers.  I would pay what I pay now to get what I watch now. That's true of most people or they'd stop subscribing.  *\u00c0 la carte* isn't popular with the cable companies not because they'd have to charge less, but because it would artificially limit their window into your living room (obviously they *can* technically provide you with hundreds of channels, since they do today). Take AMC, for example, which has gone from a third or fourth tier channel to at worst a second tier channel on the strength of *Mad Men*, *Breaking Bad*, etc. How much would the audience of those shows have been limited (and thus your cable company's ability to sell ads been limited) if people had to call up to add $4/month to their bill rather than just flip the channel when they heard about a cool new show?  Even in a purely \"\"on demand\"\" world, how do you build a show's brand? Offer the first four episodes for free, then start charging? That's a big cliff to fall off.  I can assure you that when we are living in an on demand world, you'll be paying at least what you're paying now. My guess is that around the time Apple gets into the TV business, your cable plan will become a \"\"smart TV\"\" plan, with a unified data/video cost, just like your smartphone plan. Then the cable companies won't care so much where you're getting your content, whether it's traditional channels or streaming.\""}
{"_id": "37964", "title": "", "text": "\"He's never called DJ Skrillex. The headline is using DJ for context as in \"\"the artist skrillex\"\" or \"\"the musician skrillex\"\". And judge for yourself how insightful the research seems but this does not argue in its favor one way or the other.\""}
{"_id": "37987", "title": "", "text": "\"My experience is in economics, so it may differ from an accounting or personal finance perspective somewhat; that being said, I find it perfectly acceptable to use a term like CAGR when the rate is positive or negative. Economists talk about negative growth rates all the time, and it's universally assumed that growth rates can be positive or negative.1 Ideally, the actual magnitude and sign of the value should be specified by the value itself. The term, whether it's \"\"growth rate\"\", some modified version of it like CAGR, or any label in a table or on a graph, should describe the calculation or source used obtain the value. I shouldn't need the name to indicate the sign of the number if the number is present; the name is only there to help me understand the value. Unfortunately, I don't know of any specific term that represents the geometric averaging nature of CAGR and also eliminates the minor potential for semantic confusion. However, I think the minor problem of semantics needs to be balanced against the tradeoff of using a different term that isn't as common, if one were to exist. CAGR is a standard, well-known term that a) allows someone who is familiar with the term to instantly understand the procedure you're using, and b) allow someone who isn't familiar with it to quickly search and find an explanation, since searching for CAGR will numerous simple explanations of how it's calculated. 1. This is different from the concept of economic growth, which is usually assumed to be positive in informal discussions. In economic modeling, many of the first steps in creating a model are symbolic anyway, so \"\"growth rate,\"\", \"\"change in output\"\", and \"\"economic growth\"\" are used interchangeably to describe changes in GDP because the values either aren't known, irrelevant until later in the project, or pulled from data that describes it using one or several of the previously stated terms.\""}
{"_id": "38005", "title": "", "text": "So, they get taxpayer money and a bunch of assistance to research and make the vaccine, but then get free latitude to price it at whatever they like when much of the initial investment cost has been subsidized? **And** they get a monopoly on its sale? I am *so sure* they are going to price it fairly..."}
{"_id": "38012", "title": "", "text": "\"Let's separate \"\"rich\"\" from \"\"entrepreneurs.\"\"  Not all entrepreneurs are rich and yes, people will stop doing something with the risk/reward is too high.  Expecting people's behaviors to NOT change when diminishing their rewards is ignoring the facts.  Entrepreneurs that like to invent will simply do it elsewhere.\""}
{"_id": "38016", "title": "", "text": "\"I would not concede your money to your dad IF he is really wronging you - and we need much more detail to tell.  This is the first lesson in life that actually following up on \"\"wrong\"\" things will save you thousands of dollars throughout your adulthood.  It is really easy to turn the other way and be out a few thousand dollars.  Then the hospital overbills you and you let it go and so on.  Follow up, it is your money. The laws behind this are pretty cut and dry.  Basically if you put money into one account and only your money was touching the account then it is your money.  As a minor this is an expectation and once your turn 18 in the US you have a right to your money.  That is given that the money was in the account at 18. So if your dad truly did not touch the account and withdraw the money before you turned 18, it is cut and dry.  If your dad took money out before 18 or added his own money to the account it gets rather fuzzy since it is easy for dad to say that I took money out for your expenses. As for this being \"\"nuclear\"\" as keshlam suggests - he is right.  His advice is fine but sets you up for people taking advantage of your throughout your life, especially your family.  In fact the situation is already nuclear but you were the only thing the bomb hit.   So talk to your dad.  Explain that you will have to go and file a small claims trial if he does not agree to give you the money.  If your situation is already over the top I would bring the paperwork with you filled out.  (a person at your local clerk's office will help you find the right forms) You on the other hand better weigh this conversation.  We \"\"internet peoples\"\" are only hearing one side of the story.  We do not understand your situation at your home.  We don't understand who pays for your car, gas, clothes, and room and board.  You are 18, so there is no obligation for parents to pay for these things.   If I had an 18 year old that had 3K in the bank under my name and they hadn't helped around the house in a year, didn't buy their car, had a poor attitude, and so on I would probably have the same action as your dad.  Yea it's \"\"your money\"\" but is it really?  When I was 18 I bought ALL my clothes, bought my car, bought my gas/insurance, and so on.  I paid for my toothpaste.  If this is where you are at and you help out around the house like an adult would then you have solid ground to stand on. If not... I would laugh if I were your dad.  My first thought would be you want your money, that is fine.  But you are paying rent.  Car is gone, get your own.  You would be paying for everything.  But you would have \"\"your money\"\".  So you have some pros and cons to weigh here and taking the money could cost you a TON of money in the future.  However if your dad is just being a pure jerk (I kind of doubt this but who knows) then you have an obligation to fight for what is yours. (Note that the end goal of any meeting like this in your life shouldn't be court.  It should be an agreement so that the right action is taken and both parties are happy.  It could be very well that your dad would be happy with something that has nothing to do with the money.  Also there are people with really really bad situations at their homes.  A controlling parent is a pretty good \"\"bad\"\" situation and an easy one to solve at 18 - move out.  If you don't want to move out then accept your family members, not complain about them.  No matter how controlling your dad is your question spews of ungrateful teenager.  I am sure you aren't that bad and I am sure your dad isn't that bad.) (And another note:  In no way, shape, or form am I suggesting you drop the money issue.  There is nothing worse than not talking about it even if you think your dad will kick you out of the house.  Resentment building up in yourself or family is the worst possible thing.  This needs to be dealt with.)\""}
{"_id": "38038", "title": "", "text": "amen to that , too big too fail should have never even been pronounced.  But again, some people are at fault, if people went to credit unions instead of banks in drove, banks would be forced to change their way at some point. Even get smaller instead of bigger to better serve the community its in...not so long ago you , you could have a loan at a local bank for your small business, nowadays with no collateral, you get squat. there is no risk to the lenders, and they manage to still fuck up ~!"}
{"_id": "38046", "title": "", "text": "I think the issue would be that Wachovia/Wells Fargo who converted the Traditional IRA to a Roth IRA has told the IRS that you did the conversion, and so the IRS will want taxes on  the money that came out of the Traditional IRA. You need to get Wells Fargo to issue a corrected 1099-R saying that it was a Roth to Roth roll-over, and possibly get a corrected 5498 for 2011 showing that the Wachovia Roth was converted to a Wells Fargo Roth. Else, the IRS might want an excise tax for a premature withdrawal from your Wachovia Roth, and assess penalties for excess contributions to a Traditional IRA in 2011 when the erroneous conversion was made, because to them it might look like you withdrew money from a Roth IRA, and made an excessive contribution to a Traditional IRA."}
{"_id": "38066", "title": "", "text": "telephone voip call Hello dear, i have good quality Mobile and pc dialer.We have Nine Canadian &amp; UK dialer with highest voice. you can use all dialer in same account. if you like good quality service, please contact with us. Looking for Reseller. India mobile\u2014\u2014\u20132200 mins Bangladesh Mobile\u2013800 mins Pakistan Mobile\u2014- 800/1450 mins Price=29$/107AED/ 11.1348 Omr/ 109 SAR/1380 Rupee/2100 taka If you don\u2019t like that packages then We will create card as your demand. Or we will give to you reseller panel then you can create card as you like.   Thanks and Regards Masum salestalkdialer@gmail.com mobiledialer788@yahoo.com Mobile: 08801711062213"}
{"_id": "38070", "title": "", "text": "Good idea to stay only with VTI if you are 30. For 50, I recommend: 65% VTI 15% VOO 10% VXUS 10% BND"}
{"_id": "38094", "title": "", "text": "\"I don't work for the PO.. but i'm a client. This issue is the last straw for me with what's happened to the US and A.  Read the constitution people  [**Article I, Section 8, Clause 7**](http://en.wikipedia.org/wiki/Postal_Clause) of the United States Constitution, known as the Postal Clause or the Postal Power, empowers Congress \"\"To establish Post Offices and post Roads\"\". I mean WTF? its in the goddam Constitution.. its not some sort of half-assed law that was passed to test kids, or make pizza a fucking vegetable. The founding fathers put this in there on purpose.  the post office has an awesome responsibility to provide a communication system for the *entire* country and overseas possessions. you can send a letter to Anchorage Alaska, Lubbock Texas, Shitsville California, Boondocks Maine or Guam.. yes you can send a letter to goddamn Guam at 1st class rate (ZIP code range: 96910\u201396932 for no extra charge). The PO has got army's of trucks and personell that get the mail out pretty much all the time. yeah shit happens, weather, disasters, etc maybe you run into some asshole at the PO but hey.. my mom tells me there's a dick in every crowd. I don't take it personal. IMHO Truth of the matter is that if we could provide healthcare like we provide mailing services, shit.. this country would be 1st tier again.  But does FedEx, UPS, DHL, etc? do that? do they have a facility in nearly every major population center? Does FedEx, UPS, DHL etc have offices that *they operate* in every town? hell no. They even use PO services for things that are not economically viable.  The establishment of the Post Office enabled the nation to grow. Rural Free Delivery sparked Sears, Montgomery Ward etc an entire retail industry. The Rail Post which was way more efficient than trucking and was used as an organizational model for Ma Bell (that's right the exec who organized Ma Bell into a powerhouse was a former Railway Post Employee).  The Republican Congress (and Blue-dog Democrats too) are killing this National Asset. The Post Office is essential to the basic components of our society. Its bullshit that electronic mail etc is making this form of communication obsolete. Much like the paperless office --paper is still needed. The Service needs to be capable and free to move with the market, not what some asshole Senator/Rep who's on the take from AEI or  Grover Norquist etc. How would they be able to recruit new members anyway without their stupid solicitation *\"\"junk\"\"* mail? You can't delete a piece of junkmail with a click.. you actually have to touch it. Why do you think business still make goddam catalogs. Victoria's secret must have an entire forest dedicated to theirs'.  This is also a thinly veiled attack on Veterans. US veterans get preferential status when taking the postal exam, yes exam. That guy or gal behind the counter might just have taken a bullet for this pathetic excuse for a country. He or she was repaid by getting a few extra points so that he/she could potentially get a decent paying job with promotional potential, you know not be fucking homeless. WTF is wrong with that? Gee i think i know why the number of homeless veterans has increased in the past 10 years. You become a career post office employee by taking an exam. And what's wrong with being a Career Postal Employee? A Letter Carrier, A Postmaster? WTF do we look down upon these careers.. My kids watch Sprout and PBS kids programs and guess who brings goddam birthday cards? It aint the goddam FedEx, UPS, or DHL man. These are careers and individuals that are pillars of our society. You meet people at the post office, you interact with other citizens, and the Post Office in your Town give your Town legitimacy!   Its really sad..   TL:DR  **What Congress is allowing to happen to the Postal Service is a fucking crime!**\""}
{"_id": "38125", "title": "", "text": "It stopped the flood of Apple lawsuits by filing Google's pocket with a huge pile of patents.  Basically created an uneasy Mutually Assured Destruction situation with regards to patent lawsuits.  So, not a whole lot of direct shareholder value, but it allowed Google to stay in the market without having to constantly defend itself from lawsuits for dumb things like rounded corners on a phone."}
{"_id": "38126", "title": "", "text": "It is a necessary process to inspect the building. If you want to buy a building in future, then you should search a good experienced team, that's done professional work. As you know, today so many problems are creating. We perform by a good  inspector, the Assured Building Inspections are the most and  regulatory building inspection safety agency, which is available in your city. We are responsible for overseeing the most effective and efficient services. It's also known as Australia's largest  pre purchase building inspections Newcastle NSW. Building inspectors impact the making plans and creation levels of initiatives and investigate compliance with constructing codes."}
{"_id": "38144", "title": "", "text": "In the UK we give small businesses the option not to charge sales tax and as a business owner I can see a parallel.  Then I think about it from the perspective of a black, career-focused woman who happens to be put in front of a racist HR manager who thinks all women are baby factories and I realise it's not the right solution at all."}
{"_id": "38147", "title": "", "text": "Brilliant idea, because hiding the data always works so well.  What does she think is going to happen when the data is finally leaked?    It will be far worse than if they had released the data with a commitment to correct the situation."}
{"_id": "38152", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-27/libor-to-end-in-2021-as-fca-says-bank-benchmark-is-untenable-j5m5fepe) reduced by 90%. (I'm a bot) ***** &gt; The 58-year-old Bailey said the market supporting Libor - where banks provide each other with unsecured lending - was no longer &amp;quot;Sufficiently active&amp;quot; to determine a reliable rate and alternatives must be found.  &gt; The FCA has spoken to the panel banks over recent months about ending the use of Libor and how much time it would take to wind-down, Bailey said.  &gt; The central bank said in April that a swaps-industry working group had proposed replacing Libor in contracts with the Sterling Overnight Index Average, or Sonia, a near risk-free alternative derivatives reference rate that reflects bank and building societies&amp;#039; overnight funding rates in the sterling unsecured market.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q00cb/libor_funeral_set_for_2021_as_fca_abandons/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177344 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **rate**^#2 **Libor**^#3 **Bailey**^#4 **benchmark**^#5\""}
{"_id": "38159", "title": "", "text": "\"Taxing wealth is an easy idea, but I don't think it can ever work. Wealth is too easily hidden, transformed, or revalued. Taxing actual cash flows works because two parties have to declare it. Taxing wealth would cause huge conflicts as to how wealth is measured. That said, I'm a big fan of the idea that the estate tax should be massively increased, and would only involve a single evaluation per taxpayer, rather than every year. Taxing more measurable forms of wealth, like stocks, would cause wealth to flow from stocks into property, which would then be valued as low as possible, causing a general market crash and another great depression.  I'm most curious about a Georgian tax scheme, which is where taxes are levied on un-improved property. Per wikipedia: \"\"Georgism, based on the belief that people should own the value they produce themselves, but that the economic value derived from land (including natural resources) should belong equally to all members of society.\"\"   So most taxes in society would be generated by those who owned property as a speculation and didn't invest in it. Incentives would be to make all property held privately be as economically productive as possible.\""}
{"_id": "38174", "title": "", "text": "It's interesting that legacy manufacturing practices are now becoming important.  How long until we see a lot of the traditional industrial control world get involved in the cannabis business?  I can't wait to see Eaton and Siemens spin up their marijuana divisions."}
{"_id": "38181", "title": "", "text": "&gt;ovarian lottery  It's not a lottery. That's offensive! I am sure your mother was choosing her husband (your future father) very carefully. And so did your grandmothers, and the generations before them.   You exist because there's is an entire unbroken chain of your ancestors, each carefully (hopefully) choosing their partners, and each working hard to let the next generation survive."}
{"_id": "38210", "title": "", "text": "See, now you are confusing me. Is it one day or 4 years? :P  It's cool. I'm just giving you a hard time. I'll be honest, I'm scared to death that my 401k is going to tank worse than 2008. Overall, I think the trends for the stock market are positive, but there are points where it hurts. I know my dad is close to retiring and he still hasn't recovered from 08."}
{"_id": "38221", "title": "", "text": "\u0648 Halal2020 \u062a\u0648\u0641\u0631 \u0644\u0639\u0645\u0644\u0627\u0626\u0647\u0627 \u0645\u0646\u0635\u0629 \u0645\u062d\u0644\u064a\u0629 \u0648\u062f\u064a\u0629 \u0644\u0644\u0645\u0633\u062a\u0647\u0644\u0643\u064a\u0646 \u0644\u0634\u0631\u0627\u0621 \u0627\u0644\u062d\u064a\u0648\u0627\u0646\u0627\u062a \u0639\u0644\u0649 \u0627\u0644\u0627\u0646\u062a\u0631\u0646\u062a \u0648\u0628\u064a\u0639 \u0648\u0627\u0644\u062a\u062c\u0627\u0631\u0629.\u064a\u0645\u0643\u0646 \u0644\u0644\u0645\u0633\u062a\u062e\u062f\u0645\u064a\u0646 \u0645\u0646 \u062c\u0645\u064a\u0639 \u0623\u0646\u062d\u0627\u0621 \u062f\u0628\u064a \u0648\u0636\u0639 \u0627\u0644\u0625\u0639\u0644\u0627\u0646\u0627\u062a \u0627\u0644\u0645\u0628\u0648\u0628\u0629 \u0645\u062c\u0627\u0646\u0627 \u0627\u0644\u0645\u062a\u0639\u0644\u0642\u0629 \u0627\u0644\u0635\u0642\u0648\u0631 \u0644\u0644\u0628\u064a\u0639. \u0627\u0644\u0645\u0632\u064a\u062f \u0648\u0627\u0644\u0645\u0632\u064a\u062f \u0645\u0646 \u0627\u0644\u0623\u0641\u0631\u0627\u062f \u064a\u0628\u062d\u062b\u0648\u0646 \u0639\u0646 \u0627\u0644\u0635\u0642\u0648\u0631 \u0641\u064a \u0627\u0644\u0633\u0648\u0642 \u0643\u0644 \u064a\u0648\u0645 \u0648\u0644\u0643\u0646\u0647\u0627 \u0644\u064a\u0633\u062a \u0628\u0633\u064a\u0637\u0629 \u0643\u0645\u0627 \u0643\u0646\u062a \u062a\u0639\u062a\u0642\u062f \u0623\u0646 \u062a\u062c\u062f \u0627\u0644\u0635\u0642\u0648\u0631 \u0641\u064a \u0627\u0644\u0633\u0648\u0642 \u0623\u0648 \u0641\u064a \u0627\u0644\u0634\u0627\u0631\u0639. \u0635\u0642\u0648\u0631 \u0644\u0644\u0628\u064a\u0639  \u0648\u0644\u0643\u0646 \u0645\u0646 \u0627\u0644\u0623\u0647\u0645\u064a\u0629 \u0628\u0645\u0643\u0627\u0646 \u0623\u0635\u062d\u0627\u0628\u0647\u0627 \u064a\u062f\u0631\u0643\u0648\u0646 \u0623\u0646 \u0644\u064a\u0633 \u0643\u0644 \u0634\u064a\u0621\u060c \u0645\u0627 \u0646\u0639\u062a\u0628\u0631\u0647 \u064a\u0639\u0627\u0645\u0644\u060c \u0647\u064a \u0622\u0645\u0646\u0629 \u0644\u0623\u0635\u062f\u0642\u0627\u0626\u0646\u0627 \u0627\u0644\u062e\u064a\u0648\u0644. \u0641\u0645\u0646 \u062e\u0627\u0644 \u062a\u0645\u0627\u0645\u0627 \u0644\u0646\u0634\u0631 \u0627\u0644\u0625\u0639\u0644\u0627\u0646\u0627\u062a \u0627\u0644\u0645\u0628\u0648\u0628\u0629 \u0639\u0644\u0649 \u0647\u0630\u0627 \u0627\u0644\u0645\u0648\u0642\u0639 \u0627\u0644\u0645\u062a\u0639\u0644\u0642\u0629 \u0627\u0644\u0637\u064a\u0648\u0631 \u062f\u0628\u064a \u0644\u0644\u0628\u064a\u0639 \u0627\u0644\u0625\u0639\u0644\u0627\u0646\u0627\u062a \u0627\u0644\u0645\u0628\u0648\u0628\u0629."}
{"_id": "38227", "title": "", "text": "You must file an FBAR when doing your taxes."}
{"_id": "38231", "title": "", "text": "\"College courses focus mainly on theory. In the real world you'll need to learn the tools to gather and analyze the data.  For the most part what is taught in college is pretty worthless. I remember my database class in business school was about \"\"database theory\"\". Is was a complete waste of time and money. Didn't learn a single useful thing.  Learning these hands on things will put you ahead of 95% of your peers.  SQL is the coding language used in data bases  R is used for statistical analysis   OBIEE is a reporting tool that can link to data bases then report the data  Tableau another reporting tool the is more visual than OBIEE  None of the things are difficult to learn. So don't be intimidated.   TLDR I learned more by spending $100 on udemy then in college.\""}
{"_id": "38249", "title": "", "text": "The reciprocity agreement in the Washington DC area means that you only pay income taxes where you live, not where you work. Because you live in Maryland you only need to pay income taxes to Maryland. You need to do the following things. Line 3. If you are not subject to Virginia withholding, check the box   on this line. You are not subject to withholding if you meet any one   of the conditions listed below. Form VA-4 must be filed with your   employer for each calendar year for which you claim exemption from   Virginia withholding.  (a) You had no liability for Virginia income tax   last year and you do not expect to have any liability for this year. ... (d) You are a domiciliary or legal resident of   Maryland, Pennsylvania or West Virginia whose only Virginia source   income is from salaries and wages and such salaries and wages are   subject to income taxation by your state of domicile. My company has its only office in Maryland, and conducts all of its   business there. Several of our employees are Virginia residents who   commute to work on a daily basis. Are we required to withhold Virginia   income tax from their wages? No. Because your company is not paying wages to employees for services   performed in Virginia, you are not required to withhold Virginia tax.   If you would like to withhold the tax as a courtesy to your employees,   you may register for a Virginia withholding tax account online or by   submitting a Registration Application. Additional withholding per pay period under agreement with employer.   If you are not having enough tax withheld, you may ask your employer   to withhold more by entering an additional amount on line 2."}
{"_id": "38259", "title": "", "text": "If Bigot Bobby's Bar refuses to serve, say Jews, NO ONE LOSES ANY NATURAL RIGHTS.  No one is harmed thereby.  When Bigot Bobby is FORCED to serve anyone against his will, HIS natural rights to property, privacy, and association are violated.  If you don't think so, then why don't you insist on equality rules for private dinner parties or club membership?  By your reasoning, churches ought to be forced to do things on direct violation of their beliefs.  Oh, wait, Obama has already done that...  Yours is a digusting worldview based on force."}
{"_id": "38269", "title": "", "text": "\"It really depends a lot on you and how much time you are putting into it. Since you're saying you want your money to work for you I'm going to assume you want as little hassle as possible. A few general tips: Save a fixed percentage of your monthly income Don't try to save \"\"whenever you have money left over\"\", you will just end up spending it somehow. Invest long term - don't trade Don't try to beat the market - it will just take up too much time and statistically you will end up making less. Hedge If you invest in the company/industry you work in, you will be double screwed if the sector drops (lose job + savings at the same time). Optimally you should invest in something that will benefit when the company you work for is doing bad. Pay off high interest debt Usually debt will have a higher interest than any safe investment you can make. Spend money to save/make money Sometimes the best investment you can make is on stuff that will save you money in the long run. Like buy an apartment close to work (less transport costs) or get a more expensive car that will save you money on gas, insurance etc.\""}
{"_id": "38287", "title": "", "text": "I don't believe in letting the tax tail wag the investing dog. You have a stock you no longer wish to hold for whatever reason? Sell it. But to sell a loser, hoping it doesn't rise by the time you wish to re-buy it in 30 days is folly.  This effort may gain you $50 if done right. No, it's not worth it either way."}
{"_id": "38325", "title": "", "text": "\"&gt;I, for one, look forward to being able to sue the state.  You don't know what investor state is.   Are you [one of these 75,000 corporations](http://www.citizen.org/TAFTA-investment-map) or are you a country?   If you're not, you don't exist to the FTAs.   They were designed to make swift work of your \"\"rights\"\".\""}
{"_id": "38335", "title": "", "text": "I'd value your business at about $70k. $20k inventory, $50k in yearly sales.   You have a good margin, but your growth went from 300% in 2016 to almost flat this year. What happened? How are you using the $25k in profit?"}
{"_id": "38343", "title": "", "text": "\"Creating a better interface is simply not difficult.  For users of Windows on desktop machines, it really wouldn't be that difficult to ditch some of the screen-saving efforts that are deliberately aimed at tiny handheld devices--or at least provide options to do so.  Desktop monitors are now larger/cheaper than ever--why pander to a small-screen environment when the result forces users to learn a new interface that frankly doesn't even benefit them?  I agree Microsoft needs to address the handheld/tablet niche, but they don't need to force everyone into their daffy interface when they don't benefit from it.  Plus, as recw has said, the interface is split, with several sets of data files (like IE bookmarks).  Same with the skype interface, same with the tiled interface for email which may or may not include your local/cloud installation of Outlook, plus \"\"Email\"\", plus online access for email.  It confuses the hell out of the Boomers I work with, and that confusion is not necessarily the Boomers' fault--the interface was changed for the sake of change and they cannot realize any benefit from it on their laptops/desktops.  Some versions of Windows 8 come on hardware that doesn't even have touch-screens!  Stupid.\""}
{"_id": "38357", "title": "", "text": "Here are the events, trade fairs, and Expos which take place in August 2017 in Vietnam. Let's watch and keep up with the business pace. _________________________________________________________________  TRADE FAIR &amp; EXPO* is a service package designed for companies who come to Vietnam to attend Fair and Expo to promote their products as well as look for customers. These are the services we offer our customers:  1. Event Registration and Booth Setup 2. Sales Supporters and Interpreters 3. Post-event Report and Contact Lists. * Entry Visa, Hotel Booking, and Car Rental are included __________________________________________________________________ For more details about how we are helping business, please feel free to contact us at:   \u2022\u00a0Hotline: +84933665346  \u2022 Email: vnbusinesstrip@gmail.com \u2022 Telephone: +84 839 453 999 \u2022 Website: www.vietnambusinesstrip.com"}
{"_id": "38359", "title": "", "text": "I contend that there is great value in over-paying during the year and reaping a bigger refund.  I'm an engineer and understand the concept interest earned, blah blah. But for most of us, this isn't reality. The reality is that we spend what we earn, plus a little more.  At the end of each month, if the typical American has money left over - we spend it. We don't faithfully put that money that we would have payed into taxes to good use (such as savings or paying off that credit card).  Getting that big refund at the end of the year tends encourage us to make that one-time large payment to that high interest account, or to purchase that item that we otherwise wouldn't have saved for (or purchased with a credit card).  I say, give Uncle Sam the free interest - you'll have wasted that money during the year anyway - and enjoy a nice healthy refund that you can put to use for something you enjoy.  Life is just too short.  [Edit] For the nose snubbers that can't think beyond the possibility of a different perspective: Link1 Huff Post SteveJ"}
{"_id": "38377", "title": "", "text": "\"While Googling answers for a similar personal dilemma I found Mvelopes. I already have a budget but was looking for a digital way for my husband and I to track our purchases so we know when we've \"\"used the envelope\"\". It's a free app.\""}
{"_id": "38392", "title": "", "text": "&gt;These companies and others, including software developer GalaxE.Solutions Inc., say some complex functions, such as human-resources and software development, are better to have closer to their own operations and to respond to customers. Indian outsourcing companies are finding it tougher to get visas for workers brought from India, and some U.S. businesses want to outsource -- yet keep jobs in the country. State tax breaks also provide incentives to hire locally.   I stop reading after that. Outsource, Offshore, In-source...whatever the next fad buzz word that upper management can dream up is all about the bottom line. It's about the money!"}
{"_id": "38394", "title": "", "text": "In addition to the difference pointed out by Dheer (see also this Wikipedia link), another meaning is that Private Bankers are those people on the bank staff who deal with personal accounts and people who wish to deposit money in the bank, while the people who use the deposits to loan money to businesses, underwrite bond issues etc are called Investment Bankers or sometimes Merchant Bankers since these staff members deal primarily with merchants, or invest the bank's deposits in various ways."}
{"_id": "38420", "title": "", "text": "\"**Here's a sneak peek of /r/RedditCensorship using the [top posts](https://np.reddit.com/r/RedditCensorship/top/?sort=top&amp;t=year) of the year!**  \\#1: [Three mods were removed by admins from The_Donald](https://np.reddit.com/r/The_Donald/comments/6c7oss/first_universities_then_the_internet_then_they/) | [269 comments](https://np.reddit.com/r/RedditCensorship/comments/6c7rk4/three_mods_were_removed_by_admins_from_the_donald/)   \\#2: [Reddit has removed their blog post identifying Eglin Air Force Base as the most reddit-addicted \"\"city\"\" - Eglin is often cited as the source of some government social-media propaganda/astroturfing programs \u2022 /r/Blackout2015](https://np.reddit.com/r/Blackout2015/comments/4ylml3/reddit_has_removed_their_blog_post_identifying/) | [1 comment](https://np.reddit.com/r/RedditCensorship/comments/4yly07/reddit_has_removed_their_blog_post_identifying/)   \\#3: [reddit is developing a site-wide filter to remove offensive content](https://np.reddit.com/r/ModSupport/comments/658cu2/my_sidebar_is_being_incorrectly_flagged_as/) | [4 comments](https://np.reddit.com/r/RedditCensorship/comments/65bj9j/reddit_is_developing_a_sitewide_filter_to_remove/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)\""}
{"_id": "38424", "title": "", "text": "Depending on how tech savvy your client is you could potentially use bitcoin. There is some take of indian regulators stopping bitcoin exchanges, meaning it might be hard to get your money out in your local country but the lack of fees to transfer and not getting killed on the exchange rate every time has a huge impact, especially if your individual transaction sizes are not huge."}
{"_id": "38427", "title": "", "text": "\"&gt;\"\"Also, the social network is testing ways to allow those under 13, currently prohibited, to participate with parental supervision.\"\" Which seems (from a cynical perspective anyway) to be a sign that they are potentially getting \"\"desperate\"\" to maintain the purported \"\"growth\"\" in number of users.  Exactly what I thought when I read about this in this week's businessweek. That is a huge call of desperation.\""}
{"_id": "38428", "title": "", "text": "I've been thinking about this.  Here's what I came up with.  Please let me know what you think.    1. The whole world is on a FIAT money system.  The central banks were all easing together in a coordinated way.  So currencies remain relatively stable relative to each other.... Also, the price of goods isn't rising nearly as quickly as the money supply is being expanded because:   2. The growth of the internet/globalization are deflationary because skilled people in 'poor' countries have access to the global marketplace and are willing to produce far more per dollar than 'rich' country citizens.  3. The growth of inequality is deflationary.  As wealth concentrates at the top, there are fewer and fewer customers who can afford the products/services that are being mass produced.  So there's a mismatch between high supply and low demand.  4. A poor/slow economy (low spending, debt defaults and business/personal bankruptcy) is deflationary.  We treat credit as money, and when debt is wiped out so is the credit that we were accounting for in the money supply.  5. The money created over the last 10 years or so hasn't had a chance to 'trickle-down yet'... it's still tied up in financial market instruments (stocks, bonds, ETFs, etc.) held by, mostly, institutional investors until the next big bubble bursts.   So, there are many deflationary forces to balance out against the money creation."}
{"_id": "38438", "title": "", "text": "Keep it simple, there is a good comparison site where you plug in how much money you want to send, and it tells you what all the major providers will end up giving you in Euros on the other end. Lots of the 'free' services give you a shit exchange rate. GBP->EUR is very competitive so when you go with non-banks you can pay very little (down to 0.1% in exchange rate differences). https://www.fxcompared.com/ is one such site. I plugged in sending 10,000 GBP to Spain, and TorFX came out best with you (at this moment in time) receiving 12,547 euros."}
{"_id": "38439", "title": "", "text": "With interest rates as low as they are, you could lock in to a very low rate for 30 years. If rates are higher in, say, 10 years, you could conceivably be earning a much higher rate on the money you're not putting towards monthly payments. All else equal, the payments will be lower on a 30y than they will be on a 10y, so you'll have more cash for other things. But I'm just looking for downsides -- being paid off in 10 years versus 30 sounds nice to me."}
{"_id": "38442", "title": "", "text": "\"All very true.  Keep in mind that the parents of the boomers saw it all coming first and took full advantage of the opportunities.  In 1972 the rent prices just plain exploded, just in time for all those 20 something boomers who were leaving home. Those rents \"\"bid up\"\" housing prices.  I bought an old house in 1972, on rent with option to buy or contract for deed, same thing, for $10,900.00 and sold it for $17k in 77.  I would expect to see more \"\"rent with option to buy/contract for deed\"\" sales when the flipper crowd realizes they need to address the fact that buyers can be found without using banks.\""}
{"_id": "38448", "title": "", "text": "I learned something new, I always thought it was the camery being number selling vehicle. Why not other trucks? Why is f150 so popular by that far?   Even with this kind of sales number they still needed bailout, surprised. I guess I don't know business costs."}
{"_id": "38457", "title": "", "text": "\"Staying single can be a better bet for women, though, many of whom appreciate having more flexibility in terms of how to structure their personal lives than they did several decades ago. Sociology professor Pepper Schwartz writes, Women now have choices that allow them to customize the arc of their lives and some of them find that it is best for them to put marriage aside.\"\" Husbands who are \"\"nonworking, noninvolved,\"\" she points out, can be \"\"useless.\"\" Schwartz concludes that, now that they generally have economic and cultural freedom, women no longer are willing to settle: \"\"While most women still want marriage, they don't want it at just any price. They don't want it if it scuttles their dreams.\"\" \"\"  Thank god they think like that. I don't want to marry women who see men in that light smh\""}
{"_id": "38467", "title": "", "text": "What I'm seeing in US cities now reminds me of Europe: wealthier people living in walkable city neighborhoods, forcing the poor out to the 'burbs.   The one, big catch is schools. In the US, urban living for families with kids often means a choice between bad schools or costly private schools, while some suburban public school districts offer both high quality and low cost. That's what locks so many families into the two-cars-and a-minivan life."}
{"_id": "38473", "title": "", "text": "2 very viable options.  Real Estate is cheap now and if you hold a few properties for the long term the price should rise.  You can use them as rental properties to supplement your income.  In addition agriculture is also very viable.  How else you gunna feed 7 billion?  Might as well cash in on that."}
{"_id": "38478", "title": "", "text": "I have a Albertan corporation and my accountant set up my shares and options for free.   1. Get a NUANS repot.  2. Go to a registry office and get the incorporation paperwork 3. Get an accountant to help you fill out that paperwork for free (they assume you will do your accounting with them after the fact) 4. Go back to a registry office and register the corporation  5. Go have a beer you'  re new company   6. go get a bank account.  7. Get to work"}
{"_id": "38489", "title": "", "text": "\"An opinion piece, written to read like a factual article. My opinion is, a bigger phone would, to me, be far better. I have no problem fitting a Galaxy Note 3 into my pocket, and, while I had to learn a modified grip style, had no trouble reaching every corner of that whole screen with my thumb.  I remember, back in 1991, my company was delivering and installing brand new computers into an office, and there was this older lady standing in the way of the dolly waving a 2.5\"\" floppy disk (from those old typewriters with a single LCD panel) screaming, \"\"What is wrong with you people! This is all we need! This is stupid!\"\" Etc.  After about an hour of taking this, and weaving around her increasingly shrill presence, one of her coworkers pulled her away, saying, \"\"Margaret, get out of the way of progress.\"\"\""}
{"_id": "38510", "title": "", "text": "1) Don't trade individual stocks. You expose yourself to unnecessary risk. 2) Pick a fund with low expenses that pays a dividend. Reinvest the dividend back into the fund.  To quote Einstein: The greatest power on earth is compound interest.  Something is wrong with the software of the site. It will not allow me to answer mark with another comment. So I have to edit this answer to be able to answer him.  @mark No, I am not hoping the price will go up. The price is only relevant in comparison to the dividend. It is the dividend that is important, not the price. The price is irrelevant if you never sell. Dividend paying securities are what you buy and hold. Then you reinvest the dividend and buy more of the security. As I am buying the security with the dividend I am actually pleasantly surprised when the price goes down. When the price goes down, but the dividend remains the same, I am able to buy more shares of the security withwith that dividend. So if the price goes down, and the dividend remains the same, it is a good thing.  Again, the site will not allow me to add another comment. @mark I profit from my investment, without selling, by receiving the dividend. I used to be a speculator, trying to get ahead of the market by 'buy low, sell high' but all that did was make money for the broker. I lost as much as I gained trying to do that. The broker made money on each transaction, regardless if I did or not. It took me decades to learn the lesson that 'buy and hold' of dividend paying securities is the way to go. Don't make my mistake. I now get, at least, 5.5% yeald on my investment (look at PGF, which forms the backbone of my investments). That is almost 0.5% per month. Each month that dividend is reinvested into PGF, with no commission. You can't beat that with a stick."}
{"_id": "38512", "title": "", "text": "\"0% is too low, 100% is too high. There is some optimal number between the two where we get good economic growth without being overly punishing to billionaires (unless you want to just take everything from them and are pro-dictatorship and are ok with both Obama and Trump deciding what to do with 100% of your money). If we're under that optimal number and want to move it up, people will say you're stealing from the rich even though you're actually moving to a more optimal number. If we're over that number and want to move it down, people will sarcastically say \"\"Yeah, won't somebody think of the billionaires?!\"\" even though you're actually moving to a more optimal number.   It's economists, not politicians or talking heads who are best qualified to choose what that number should be. We can at least narrow it down then to between 50%-80% for high income earners: https://dash.harvard.edu/bitstream/handle/1/4263739/mankiw_optimaltaxationtheory.pdf?sequence=2\""}
{"_id": "38516", "title": "", "text": "One Shot Films is a production house of high repute. Professionals don\u2019t just create videos here; they create everlasting impressions. Their short videos and corporate films help to create brand images, showcase work cultures, and bring a business into the spotlight. Interested in taking one shot of your business? Contact the pros at osfp.in."}
{"_id": "38519", "title": "", "text": "Makes me wonder why childcare never really fell in price while everything else did. We should all be living like the british in the 1700s sending kids off to boarding schools and having nannys so we never have to see them until they're adults."}
{"_id": "38532", "title": "", "text": "\"Your contribution limit to a 401(k) is $18,000.  Your employer is allowed to contribute to your 401(k), usually a \"\"matching contribution\"\".  That matching contribution comes from your employer, so is not subject to your personal contribution limit. A contribution to a regular 401(k) is typically made with pre-tax money (i.e. you don't pay payroll taxes on the money you contribute) so you pay less taxes for the current tax year.  However when you retire and you take money out, you pay taxes on the money you take out.  On one hand, your tax rate may be lower when you have retired, but on the other hand, if your investments have appreciated over time, the total amount of tax you pay would be higher. If your company offers a Roth 401(k) plan, you can contribute $18,000 of after tax money.  This way you pay the tax on the $18,000 today, as you would if you did not put the money in the 401(k), but when you take the money out at retirement, you would not have to pay tax.  In my opinion, that serves as a way to pay effectively more money into your 401(k). Some firms put vesting provisions on the amount that they match in your 401(k), e.g. 4 years at 25% per year.  So you have to work 1 full year to be entitled to 25% of their matching contribution, 2 years for 50%, and 4 years to receive all of it.  Check your company's Summary Plan Description of the 401(k) to be sure. You are not allowed to invest pre-tax money into a Traditional IRA if you are already contributing to a 401(k) plan and have reached the income limits ($62,000 AGI for single head of household). You are allowed to contribute post-tax money to a Traditional IRA plan if you have already contributed to a 401(k), which you can then Roll-over into a Roth IRA (look up 'backdoor IRA'). The IRA contribution limit applies to all IRA accounts over that calendar year.  You could put some money in a traditional IRA, a Roth IRA, another traditional IRA, etc. so long as the total amount is not more than the contribution limit. This gives you an upper limit of 5.5k + 18k = 23.5 investments in retirement accounts. Note however, once you reach age 50, these limits increase to 6.5k (IRA) + 24k (401(k)).  They also are adjusted periodically with the rate of inflation. The following approach may be more efficient for building wealth: This ordering is the subject of debate and people have different opinions. There is a separate discussion of these priorities here:  Best way to start investing, for a young person just starting their career? Note however, a 401(k) loan becomes payable if you leave your company, and if not repaid, is an unauthorised distribution from your 401k (and therefore subject to an additional 10% tax penalty). You should also be careful putting money into an IRA, as you will be subject to an additional 10% tax penalty if you take out the money (distribution) before retirement, unless one of the exceptions defined by the IRA applies (e.g. $10,000 for first time home purchase), which could wipe out more than any gains you made by putting it in there in the first place. Your specific circumstances may vary, so this approach may not be best for you.  A registered financial advisor may be able to help - ensure they are legitimate: https://adviserinfo.sec.gov\""}
{"_id": "38536", "title": "", "text": "Got it. I can definitely see how it can come across that way especially with all of these big tech companies lining up against the proposal. My understanding is that a lot of that is more driven by their size than anything else; the media focuses on the impacts to Amazon and Facebook because they're huge companies and it's easier to get information on them.  But when it comes to who would get hurt the most by removing NN, it's actually small businesses and startups that would suffer the most. In a world without net neutrality, ISPs would be able to provide access to web services at different speeds. For example, if you are a Comcast customer, if Comcast has a deal with Amazon Prime, they can make it so that your access to competing services like Netflix and Hulu are throttled -- moving so slow that it will be hard to use anything other than Amazon Prime Video.  Now, if that happens, it will be annoying for companies like Facebook, Netflix, Google, etc. to have to pay extra for internet users to be able to use them. But they could do it; they have the money. The people who would struggle are people who own smaller businesses and smaller websites; when they're just starting out, they won't have the money to pay the ISPs to let people access them, and as a result they could be essentially locked out of many marketplaces. This is the argument made by people who say that removing net neutrality will stifle small business; removing the regulation would create this built-in structural advantage for large, established businesses and leave smaller businesses locked out."}
{"_id": "38545", "title": "", "text": "\"Yes, Interactive Brokers is a good source for live data feeds and they have an API which is used to programmatically access the feeds, you will have to pay for data feeds from the individual data sources though.  The stock exchanges have a very high price for their data and this has stifled innovation in the financial sector for several decades in the united states. But at the same time, it has inflated the value and mystique of \"\"quants\"\" doing simple algorithms \"\"that execute within milliseconds\"\" for banks and funds.  Also RIZM has live feeds, it is a younger service than other exchanges but helps people tap into any online broker's feeds and let you trade your custom algorithms that way, that is their goal.\""}
{"_id": "38547", "title": "", "text": "&gt; or their ability to purchase more or if you own a business you need the fire service to protect your business operating during/after a crisis as well as your home.  Then I'll pay for those services as I use them.  Not before.  &gt;except its much cheaper for everyone if it is all bound up together, and provided by the government.  It's not cheaper for me.  I don't have kids, no public school.  I work from home, no commuting.  It's a lose/lose scenario for me.  &gt;I understand the anti big government argument  I work for the government.  Many of the government services are valuable.  It's just seems more logical to pay for them as you use them, like every single other business works.  &gt;NO COUNTRY does it the way you are saying  Even more reason to test the experiment.  Let's give it a try and see what happens.  I'm sure I'll be fine.  &gt;I understand the anti big government argument  Actually you don't.  You just want free shit like everyone else."}
{"_id": "38560", "title": "", "text": "You're really confused.  You need to go back to finance 101 about the concept of corporation and shareholders  This is too much to take apart (i.e.: contribution is not a loan, and can't be called.  Shareholders are not partners......).  Sorry bro, not trying to burst your bubble, but any academic business finance 101 book or OpenCourseWare will cover this and more."}
{"_id": "38571", "title": "", "text": "\"The answer probably varies with local law, and you haven't said where you're located. In most or all US states, it appears that after some statutory length of time, the bank would transfer the money to the state government, where it would be held indefinitely as \"\"unclaimed property\"\" in the name of the recipient (technically, the payee, the person to whom the check is made payable).  This process is called escheatment.  Most states publish a list of all unclaimed property, so at some later date the payee could find their name on this list, and realize they were entitled to the funds.  There would then be a process by which the payee could claim the funds from the state.   Usually the state keeps any interest earned on the money. As far as I know, there typically wouldn't be any way for you, the person who originated the payment, to collect the money after escheatment.  (Before escheatment, if you have the uncashed check in your possession, you can usually return it to the bank and have it refunded to you.) I had trouble finding an authoritative source explaining this, but a number of informal sources (found by Googling \"\"cashier check escheatment\"\") seem to agree that this is generally how it works.  Here is the web site for a law firm, saying that in California an uncashed cashier's check escheats to the state after 3 years. Until escheatment occurs, the recipient can cash the check at any time.  I don't think that cashier's checks become \"\"stale\"\" like personal checks do, and there isn't any situation in which the funds would automatically revert to you.\""}
{"_id": "38585", "title": "", "text": "This is something better asking a licensed professional (EA/CPA licensed in the US) who's also familiar with your home country tax law and the tax treaty your home country has with the US. Assuming no tax treaty and adverse tax consequences at home, you can have this scenario: The last step is critical - unless there's a tax treaty, not every country allows foreign tax credit (tax treaties usually have a provision to avoid double taxation), and you may end up paying both the US tax and local tax on the same money. If there's a tax treaty - step #4 is most likely guaranteed. Step #4 may not work in some places that would not consider the penalty as tax. Again - check it with an accountant proficient with the local law. Step #3 depends on your country. Some countries ignore foreign deferred compensation rules and consider the 401k amounts income to you when it was deposited (the US treats foreign tax deferred accounts this way, I believe that is also the case in India). So you should check locally. In this case you have probably paid taxes (or were exempt) on this amount when you earned it and will not pay taxes again. But then you might also not be able to claim the 10% back as credit. Leaving it is an option, although with such an amount is hardly worth it. You'll have to check how your country deals with foreign accounts of its citizens (the US, for example, puts an enormous reporting and tax burden on these, some countries forbid them altogether). This also applies to step #1."}
{"_id": "38586", "title": "", "text": "What you want is the distribution yield, which is 2.65. You can see the yield on FT as well, which is listed as 2.64. The difference between the 2 values is likely to be due to different dates of updates. http://funds.ft.com/uk/Tearsheet/Summary?s=CORP:LSE:USD"}
{"_id": "38587", "title": "", "text": "Just because it's made in China doesn't mean it's garbage. Their hand tools have won multiple awards in the past several years and they have an unlimited lifetime warranty. If something breaks all you have to do is head over to the closest Kmart or sears and they'll replace it on the spot. You don't have to deal with shipping and waiting weeks to get a replacement."}
{"_id": "38611", "title": "", "text": "\"There are different approaches, but here is what we do and what I recommend.  Now that you are officially a married couple, open a joint bank account, and eliminate your individual accounts.  There are several reasons for this. Having a joint account promotes unity and teamwork.  When you only have a joint account, you do not have \"\"your income\"\" and \"\"her income,\"\" or \"\"your expenses\"\" and \"\"her expenses.\"\"  You work together in everything.  You discuss your goals and set your household budget together.  If one of you makes more money than the other, that person is no longer \"\"worth more,\"\" because your incomes are pooled together.  If one person with a higher income has more in their account than the other person does, it can lead to envy, which you do not want in your marriage. Having a joint account is more efficient and makes more sense.  With separate accounts, who pays the rent/mortgage?  Who pays the utilities, or buys the food?  If you have separate accounts, it takes a lot of work to worry about what is \"\"fair\"\" when deciding how to divide up the expenses.  With a single household budget and a joint account, you decide together what the household expenses are, and they get paid from one account.  If one of you has debt, you both have debt.  You work together to get it paid off and strengthen your financial situation in the process. Having a joint account forces you to discuss your finances together.  Working toward common financial goals together is crucial in a strong marriage, but if you maintain your separate accounts, you might be tempted to put off these discussions until you are forced to by life circumstances.  It is better to work together from the start, and joining your finances facilitates that. You are intending your marriage to last.  Live your financial life like you believe that you are a team for life.  If you live in a community property state, separate accounts are a fiction anyway; everything is treated as if it was pooled together in the event of a divorce. I understand that if you are used to having your own money, it can be difficult to give up that sole control over your income, but in my opinion, it is worth it.  You will certainly hear of examples from couples who maintain separate accounts and make it work.  In my humble opinion, combining your finances completely is easier to do right.\""}
{"_id": "38624", "title": "", "text": "The missing money is not money that was invested in MF Global Holdings Ltd. for an ownership share of that company, but money in accounts for which that company was responsible.  And yes, if you take money from customer accounts and use it as if it's your own, then as I understand it you are guilty of a crime."}
{"_id": "38628", "title": "", "text": "I don't think this is a French thing.  It's like this everywhere.  Banks always want people to open accounts of every type.  A person with a checking account should be easy to sell on a savings account at the same institution. Given that it does not appear that they will have any chance to recover the money they spend to get customers to open these accounts (there are no fees and they have to pay out the interests, even if very small) Oh, they recover it.  Banks make money by having deposits that they can use to lend out.  They do pay interest on deposits, but not as much as they earn on your money.  If they persuade you to have a savings account in addition to your checking account, then you might find it convenient and then move your money out of a different institution into their savings account.  Or you might stop hoarding it under your mattress.  Or whatever.  More money in their accounts means more profit for them. I don't know whether banks make more profit per dollar in savings or checking accounts.  I see banks pushing for both.  I think they simply view more accounts as a good thing because it can lead to more total savings in their institution.  That's how they make money."}
{"_id": "38637", "title": "", "text": "\"First and foremost you must remember that they are people (something I don't think you have trouble with, but others might). When dealing with increasingly desperate financial struggles, it's not uncommon to allow financial trouble to define you, or for others to see you only as \"\"poor\"\". Money is a human creation. It's not real, like fire or water, and \"\"money problems\"\" is a misnomer. Whatever problems they have, money is only one symptom. Often, dealing with those deeper human problems, such as lack of confidence, depression, fear or behavioral issues, is the key to correcting \"\"downstream\"\" problems like poor money management. Not that learning how to manage money isn't important, but it doesn't sound like that is the primary issue in this case. Westerners tend to view money trouble as distinct from other problems. The answer to money troubles is often understood to be \"\"more money\"\" or \"\"smarter money\"\" - earn more or spend better. It helps to step back and look beyond finances. What's going in their lives? How does that make them feel? Do they feel unimportant or valueless? How's their family life? Do they have good emotional support, or are they running \"\"on empty\"\", trying to fill the emptiness with other things (like games, for example). (Simply telling them to stop purchasing games, for example, without finding a better replacement just perpetuates the feelings of shame, valuelessness and emptiness.) Discovering the deeper elements of your friends' situation is much more complicated than giving them money or paying for a financial counselor (neither of which are bad things), but it may make a tremendous difference not just in your friends' bank account, but in their lives as well. My wife and I have experienced all of this first-hand, so I know the predicament you are in. We've even had people in tough financial situations live in our home with us. In all the situations in which we've been close enough to understand context, money wasn't the primary issue. It's always been something else, more often than not family, but not always. I've found the book When Helping Hurts helpful for gaining some perspective, though it's not a perfect match (since it deals more with poverty on a grand scale). You may still find it helpful in terms of general principles, but, ultimately, each situation is going to be unique and no one-size-fits-all strategy exists to solve all problems. In the end, building a deeper relationship is the best path toward finding a long-term solution.\""}
{"_id": "38640", "title": "", "text": "\"The writer's \"\"you didn't build that\"\" rhetoric isn't necessary. Burger King has paid it's share of taxes that finance roads, copyright laws, and meat inspectors.  If BK owes the USA for its success,  then the other side of that argument is that all the millions of restaurants that failed should blame the USA.\""}
{"_id": "38651", "title": "", "text": "Well, the revenue of his restaurants in [2015](https://www.forbes.com/sites/abrambrown/2015/06/29/the-chef-that-ate-the-world-how-gordon-ramsay-earned-60-million-last-year/#28883a774e2f) was about $150m.  Restaurants usually have margins in the 5-20% range.  His are high end, so call it 20%.  A 1% increase in costs would be $1.2 million.  So, facing that, it is worth getting together some buyers to see if he can get better prices."}
{"_id": "38655", "title": "", "text": "\"You will have to check SEC forms to know this in full. A publicly-traded company will have an amount of publicly tradable shares which can be easily found on their financial reports. But. that is not the only type of equity-like financial instrument that such a company can issue. A previous reply mentions \"\"follow-on\"\" public offering. However, a company may initiate a private equity offering without disclosing ahead of time, sometimes with warrants, or long-lasting options to purchase (new) stock.\""}
{"_id": "38690", "title": "", "text": "\"Yes they care about you having no health care, about your student loans, about their donations and outgoing favours and of course they care about you just enough for you to vote for them, so they say \"\"let's build a grand slam society\"\". Then idiots like you say \"\"wow this person is great!\"\"  Representatives should always be held to an ever high bar but because there are too many people like you, they don't do anything except pitch slogans, followed by you sheeple giving them a round of applause.\""}
{"_id": "38698", "title": "", "text": "Removing emotions from decision making is autistic. Imo people fail to be a fit because most people have empathy and emotions. You want a bunch of computers to run your shit fine, but to acknowledge their behavior is anything short of being on the spectrum is naive"}
{"_id": "38704", "title": "", "text": "How is adding loss leaders going to crush wall mart or Kroger?  Okay people come in and buy the new marked down items.  Then what?  They are going to quickly realize how expensive everything else is and never shop there or just shop there for the loss leaders.  To me this hardly seems like a plan that will crush other grocery stores."}
{"_id": "38707", "title": "", "text": "I'm a 911 paramedic that brings in patients to ERs all the time. I've never brought a patient to an ER that wasn't staffed by an adequate number of doctors.  trauma centers are held to an even higher standard. The hospital group has too much to lose if they lose that trauma 1 or trauma 2 rating. They will always maintain adequate required staffing."}
{"_id": "38711", "title": "", "text": "Fidelity has a good explanation of Restricted Stock Awards: For grants that pay in actual shares, the employee\u2019s tax holding period begins at the time of vesting, and the employee\u2019s tax basis is equal to the amount paid for the stock plus the amount included as ordinary compensation income. Upon a later sale of the shares, assuming the employee holds the shares as a capital asset, the employee would recognize capital gain income or loss; whether such capital gain would be a short- or long-term gain would depend on the time between the beginning of the holding period at vesting and the date of the subsequent sale. Consult your tax adviser regarding the income tax consequences to you. So, you would count from vesting for long-term capital gains purposes.  Also note the point to include the amount of income you were considered to have earned as a result of the original vesting [market value then - amount you paid].  (And of course, you reported that as income in 2015/2016, right?) So if you had 300 shares of Stock ABC granted you in 2014 for a price of $5/share, and in 2015 100 of those shares vested at FMV $8/share, and in 2016 100 of those shares vested, current FMV $10/share, you had $300 in income in 2015 and $500 of income in 2016 from this.   Then in 2017 you sold 200 shares for $15/share:"}
{"_id": "38712", "title": "", "text": "\"The first red-flag here is that an appraisal was not performed on an as-is basis - and if it could not be done, you should be told why. Getting an appraisal on an after-improvement basis only makes sense if you are proposing to perform such improvements and want that factored in as a basis of the loan. It seems very bizarre to me that a mortgage lender would do this without any explanation at all. The only way this makes sense is if the lender is only offering you a loan with specific underwriting guidelines on house quality (common with for instance VA-loans and how they require the roof be of a certain maximum age - among dozens of other requirements, and many loan products have their own standards). This should have been disclosed to you during the process, but one can certainly never assume anyone will do their job properly - or it may have only mentioned in some small print as part of pounds of paper products you may have been offered or made to sign already. The bank criteria is \"\"reasonable\"\" to the extent that generally mortgage companies are allowed to set underwriting criteria about the current condition of the house. It doesn't need to be reasonable to you personally, or any of us - it's to protect lender profits by aiding their risk models. Your plans and preferences don't even factor in to their guidelines. Not all criteria are on a a sliding scale, so it doesn't necessarily matter how well you meet their other standards. You are of course correct that paying for thousands of dollars in improvements on a house you don't own is lunacy, and the fact that this was suggested may on it's own suggest you should cut your losses now and seek out a different lender.  Given the lender being uncooperative, the only reason to stick with it seems to be the sunk cost of the appraisal you've already paid for. I'd suggest you specifically ask them why they did not perform an as-is appraisal, and listen to the answer (if you can get one). You can try to contact the appraiser directly as well with this question, and ask if you can have the appraisal strictly as-is without having a new appraisal. They might be helpful, they might not. As for taking the appraisal with you to a new bank, you might be able to do this - or you might not. It is strictly up to each lender to set criteria for appraisals they accept, but I've certainly known of people re-using an appraisal done sufficiently recently in this way. It's a possibility that you will need to write off the $800 as an \"\"education expense\"\", but it's certainly worth trying to see if you can salvage it and take it with you - you'll just have to ask each potential lender, as I've heard it go both ways. It's not a crazy or super-rare request - lenders backing out based on appraisal results should be absolutely normal to anyone in the finance business. To do this, you can just state plainly the situation. You paid for an appraisal and the previous lender fell through, and so you would like to know if they would be able to accept that and provide you with a loan without having to buy a whole new appraisal. This would also be a good time to talk about condition requirements, in that you want a loan on an as-is basic for a house that is inhabitable but needs cosmetic repair, and you plan to do this in cash on your own time after the purchase closes. Some lenders will be happy to do this at below 75%-80% LTV, and some absolutely do not want to make this type of loan because the house isn't in perfect condition and that's just what their lending criteria is right now.  Based on description alone, I don't think you really should need to go into alternate plans like buy cash and then get a home equity loan to get cash out, special rehab packages, etc. So I'd encourage you to try a more straight-forward option of a different lender, as well as trying to get a straight answer on their odd choice of appraisal order that you paid for, before trying anything more exotic or totally changing your purchase/finance plans.\""}
{"_id": "38720", "title": "", "text": "A search quickly led to http://www.cardfellow.com/blog/debit-card-credit-card-difference-charges/ which shows the difference in merchant fees charged. A $200 charge costs $3.50-$3.60, a debit charge, $2.34-$2.39 but a PIN Debit, $1.87. The debit cards are a full percent less cost to the merchant, so the money collected is less to use for rewards. (I can't help but wonder how my card gives me 2% cash back, no fee, when I never pay interest.)"}
{"_id": "38726", "title": "", "text": "\"I hope people don\u2019t see this as being facetious but invest some time in learning to do that with Excel. Most financial information websites (Yahoo, MSN, etc.) will allow you to extract all the data you need into excel. This way you can learn to do analysis with something that isn\u2019t a \"\"black box\"\" (as to mean you don\u2019t know the exact equations behind the outputs) whereas with excel you can delve into and really understand the equations behind the numbers you are looking at. If you use Bloomberg it does all that for you but if you are just starting out you may not truly understand what it means and how everything is connected. If you create the same with excel you have no choice but to deeply understand because you built it from scratch! I'm certian there are plenty of tutorials to help you out there as every analyst who has worked in finance since the advent of excel has had to create these at one time or another. Good luck!\""}
{"_id": "38747", "title": "", "text": "I have USAA and the home loan process was a nightmare.  My account was also compromised but I caught it immediately because they sent me an alert of a large sum of money being transferred to my checking account, so there is that.  I just found out that Navy Federal finally accepts Army veterans (it hadn't up until a couple of years ago) so I have an account with them just so I can get different loan options and credit card rates.  Navy Federal has minimums for getting ATM refunds while USAA doesn't, so for now I just have a savings account with them."}
{"_id": "38749", "title": "", "text": "LC WebPros is the web development company and the internet marketing company in the United states. We provide the Website development Projects and logo design service in the world. If you want to the new website for your business and its marketing service, then you can contact us. We offer professional Web Development Services to help you successfully plan your web site an effective solution for all needs."}
{"_id": "38752", "title": "", "text": "I think he meant Oxford University in the UK, but he's wrong.   You can still pursue a career in Investment Banking even if you do not go to the aforementioned Ivy Leagues. As long as the university you are at is well-respected and you have few summer internships and leadership activities under your belt, it is possible but harder to break into!"}
{"_id": "38760", "title": "", "text": "Nowadays, Social networking websites are a great place to promote business, specifically for new and medium size business.  Some good social network websites provide excellent resources such as Facebook, MySpace, Twitter, LinkedIn,  YouTube, LiveJournal, Wordpress, Blogger and more. You can increase your business with the Social B2B network. There are many different types of networks and depending on your long-term or short-term goals, you may wish to join a hard contact network."}
{"_id": "38782", "title": "", "text": "Homes for Sale NJ --Where do you want to be? Let Re/Max help you find your forever home, or your very first home. Our expert realtors will guide you through the home buying process, home loan process, and help you choose a home that is right for you."}
{"_id": "38786", "title": "", "text": "The main benefit of paying off the loan early is that it's not on your mind, you don't have to worry about missing a payment and incurring the full interest due at that point. Your loan may not be set up that way, but most 0% interest loans are set up so that there is interest that's accruing, but you don't pay it so long as all your payments are on time, oftentimes they're structured so that one late payment causes all of that deferred interest to be due.  If you put the money in the bank you'd make a small amount of interest and also not have to worry about funds availability for your car payment. If you use the money for some other purpose, you're at greater risk of something going wrong in the next 21 months that causes you to miss a payment and being hit with a lot of interest (if applicable to your loan).  If you already have an emergency fund (at least 3-6 months of expenses) then I would pay the loan off now so you don't have to think about it.  If you don't have an emergency fund, then I'd bank the money and keep making payments, and pay it off entirely when you have funds in excess of your emergency fund to do so."}
{"_id": "38808", "title": "", "text": "I do not know for sure so do not quote me on this. But I would assume that you will get paid out to what the value of the buyout is.  Example if your company has 100 private shares and you own 1 share (1%), and the company sells for $1,000,000. Your share will be worth 1% of the $1 million."}
{"_id": "38860", "title": "", "text": "Most delivery drivers do that in my experience. They drop off the package and ring the doorbell to let you know it's there. No point in waiting if a signature isn't needed. I think it's fine.   I'm more annoyed by the ones that just leave the package and don't ring the bell."}
{"_id": "38863", "title": "", "text": "You won't be able to know the trading activity in a timely, actionable method in most cases. The exception is if the investor (individual, fund, holding company, non-profit foundation, etc) is a large shareholder of a specific company and therefore required to file their intentions to buy or sell with the SEC. The threshold for this is usually if they own 5% or greater of the outstanding shares. You can, however, get a sense of the holdings for some of the entities you mention with some sleuthing. Publicly-Traded Holding Companies Since you mention Warren Buffett, Berkshire Hathaway is an example of this. Publicly traded companies (that are traded on a US-based exchange) have to file numerous reports with the SEC. Of these, you should review their Annual Report and monitor all filings on the SEC's website. Here's the link to the Berkshire Hathaway profile. Private Foundations Harvard and Yale have private, non-profit foundations. The first place to look would be at the Form 990 filings each is required to file with the IRS. Two sources for these filings are GuideStar.org and the FoundationCenter.org. Keep in mind that if the private foundation is a large enough shareholder in a specific company, they, too, will be required to file their intentions to buy or sell shares in that company. Private Individuals Unless the individual publicly releases their current holdings, the only insight you may get is what they say publicly or have to disclose \u2014\u00a0again, if they are a major shareholder."}
{"_id": "38868", "title": "", "text": "A quick Excel calculation tells me that, if you are earning a guaranteed post-tax return of 12% in a liquid investment, then it doesn't matter which one you pick. According to the following Excel formula: You would be able to invest \u20b92,124 now at 12% interest, and you could withdraw \u20b9100 every month for 24 months.  Which means that the \u20b9100/month option and the \u20b92100/biennium option are essentially the same. This, of course, is depending on that 12% guaranteed return.  Where I come from, this type of investment is unheard of.  If I was sure I'd still be using the same service two years from now, I would choose the biennial payment option. You asked in the comments how to change the formula to account for risk in the investment.  Risk is a hard thing to quantify.  However, if you are certain that you will be using this service in two years from now, you are essentially achieving 13% in a guaranteed return by pre-paying your fee.  In my experience, a 13% guaranteed return is worth taking.  Trying to achieve any more than that in an investment is simply a gamble. That having been said, at the amount we are talking about, each percent difference in return is only about \u20b922.  The biggest risk here is the fact that you might want to change services before your term is up.  If these amounts are relatively small for you, then if there is any chance at all that you will want to drop the service before the 2 years is up, just pay the monthly fee."}
{"_id": "38878", "title": "", "text": "\"I was simply giving my opinion. I have had 2 jobs and going into an internship. Again, \"\"I strongly believe\"\" means that I have a subjective statement to make.   I research tech and biotech companies. It's not a secret that coding, programming, and system data are going to be growing over the 100 years. As more and more companies go autonomous they will need the back end devs.\""}
{"_id": "38882", "title": "", "text": "Really?  Tell me why then Microsoft runs it's own bus service?  Tell me why Microsoft contributed HEAVILY for the 40th St exit on 520 - shouldn't traffic be the state/municipalities problem?  Infrastructure when heavily leveraged by a major corporation becomes the corporation's problem.  The corporation has to exist within the infrastructure and needs to make it work for themselves, their employees, and the local communities that services them and their employees.  Otherwise, people move away, services are reduced, and the desire for employees to live there is lessened, making them targets for competitive recruitment."}
{"_id": "38893", "title": "", "text": "I had great difficulty buying my $17,000 truck for cash.  One TD Canada Trust branch only let me have $5,000, the other branch down the street only $3,000.  They both said they were low on cash.  They kept trying to convince me to use a bank draft, but I didn't have a name or total amount as I was still shopping around.  I don't think banks carry much cash and it wouldn't take much to clean them out."}
{"_id": "38906", "title": "", "text": "Some banks would allow you to export your transactions as CSV (they call it Excel export, but in many cases it's actually just CSV). However, I would not expect any bank to bother with creating anything like command-line access - return on such investment would be too low.  There are other ways to get information out of the banks, I'm sure - providers like Yodelee must be using something to fetch financial data - but those usually not for general public access.  Also, you can use something like mint.com to aggregate you banking data if you bank doesn't do good export and then export it from there. They have CSV export too.  If you need to do any actions though, I don't think there's anything like you are looking for."}
{"_id": "38910", "title": "", "text": "\"Lol. I once had to listen to someone who tried to convince me that I could gain 6% a year, risk free by investing in the financial institution he represented, while pitching something pre formatted he obviously didn't understand. Because of that and the sort of \"\"cult vibe\"\" I got from them I never returned. But my bad, see, I could have been rich right now.\""}
{"_id": "38914", "title": "", "text": "I agree, but that's only a small fraction. You could even argue that the money that is not being paid in taxes isn't necessarily a bad thing as it's funneled back to investors, which also includes the common person that is saving for their retirement, which will also get taxed. Of course that's only for public companies."}
{"_id": "38918", "title": "", "text": "Is there anywhere I can get further information? I ask because I'm thinking about an alternative theory of money where companies can issue bonds as currency, and we can have coexisting monetary policies.  These relate to what i'm saying:  http://www.reddit.com/r/finance/comments/utf5u/where_has_all_the_money_in_the_world_gone/c4yfkhg  http://www.radicalsocialentreps.org/2012/07/open-source-currencies-on-the-rise-in-greece/   http://www.businessinsider.com/why-are-central-banks-independent-2012-5  http://truth-out.org/news/item/11868-spain-and-greece-are-being-forced-to-suffer-to-save-germany-from-high-inflation"}
{"_id": "38931", "title": "", "text": "Amazon uses their AWS profits to subsidize all their other businesses. They can afford to sell groceries at a loss until most of the competition goes out of business. It's good for consumers in the short term, but I wouldn't say it's capitalism working as intended. Unprofitable businesses are supposed to fold, not be propped up indefinitely by deep pocketed investors. It's monopolistic behavior without the monopoly, which I don't think we've ever seen on this scale before, so we aren't sure what, if anything, to do about it."}
{"_id": "38937", "title": "", "text": "the mother chose that sperm bank. the same applies to animals. unless you have been adopted though some agency, you could only have those two parents (and grandparents, and so on).   you are standing on the peak of a giant pyramid of generations, with each making a choice to produce and then feed/educate/etc. their offspring. the temporal/causal link only goes in one direction, from them to you."}
{"_id": "38938", "title": "", "text": "\"I would aim for 10% or less, because I believe 30% is where you start to get dinged on your credit score.  No one will know for sure, as there are many models, but 30% is brought up by radio host Clark Howard pretty often. Close annual fee cards or one store only cards.  Normally I would suggest \"\"leap-frogging\"\" your credit cards so that as you open a new one with no fees, you then close another that does have fees.  However I do not think opening lines of credit with an upcoming home purchase is a good idea.  It will reflect negatively that you are opening credit all over then place. I would shoot for such a low percent to make sure that the time it takes for reporting to happen will happen.  Also, as you gear up to buy a house, make sure your credit report is clean looking with all of these balances and cards you are considering closing.\""}
{"_id": "38953", "title": "", "text": "&gt;Sounds like bullshit. Silicon Valley is largely research and development, not manufacturing. Saying that you'll replicate the success of software engineers earning $120k a year by bringing in more $50k a year manufacturing jobs is misleading at best.   Today it is largely research and development but a few decades ago there was a production manufacturing capacity to it that was by in large far greater then what remains today."}
{"_id": "38963", "title": "", "text": "Our Website : http://alldaycarrentals.com.au/ There are several points to consider when choosing a business contract hire car. The main one is which company you will deal with. There are many companies offering business contract Cairns Car Hire, so it is important to find the best one to deal with. Just check online and see what they have to offer. Having made picked your business contract hire car company, you will also need to consider the choice of lease. If you prefer regularly having the use of a new vehicle then the shorter leasing deal may be best for you. Then there is the question of your mileage."}
{"_id": "38983", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-fed-policy-idUSKBN1A80XA) reduced by 87%. (I'm a bot) ***** &gt; The Fed led the way in tightening monetary policy as the global economy recovered from the 2008 recession but must now determine how plans by other central banks&amp;#039; plans may affect their own policy.  &gt; While a stronger European economy has been welcomed by the Fed, lessening risks to the global economy, a move by major central banks to all tighten monetary policy simultaneously has not been seen for a decade.  &gt; When Fed policymakers meet on July 25-26 they will need to decide a start date for reducing their bond holdings or leave more time to evaluate what Fed Governor Lael Brainard recently cited as a possible &amp;quot;Turning point&amp;quot; in global monetary policy that may affect economic growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6peule/federal_reserve_now_faces_prospect_of_global/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~174973 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Fed**^#1 **rate**^#2 **policy**^#3 **month**^#4 **bond**^#5\""}
{"_id": "38990", "title": "", "text": "Additionally my understanding is that a Faster Payment is as good as cash once received. Yes it is but there is a caveat. Read on unauthorized payments on Faster Payments website. Either the sender is fraudulently claiming this was unauthorised, or their bank doesn't have adequate security standards - why is it me who loses out here? Agreed. You should take this up [dispute the action] with your bank asking why your account was closed as there is no fraud from your side. Make sure you do all the follow-up with writing and provide evidence of the trade being genuine."}
{"_id": "39001", "title": "", "text": "\"&gt; Censorship is the suppression of speech or other public communication which may be considered objectionable, harmful, sensitive, or inconvenient as determined by a government, media outlet, or other controlling body.  suppression of posts from \"\"spammy cheater\"\" websites? Totally counts as censorship.  Yes, they are the result of bot/spam abuse; and that result = censorship.\""}
{"_id": "39004", "title": "", "text": "The Dutch Financial Times published an article about how intangible assets are the most important value-determining factor of an organization, however investments, innovation and attention to these assets lack. This is contradicting but shows the challenge as well, because more than 75 percent of the average market value is from intangible assets. The challenge is that these aren\u2019t quantified in financial metrics. Intangible assets consists of human-, organizational- and information capital."}
{"_id": "39006", "title": "", "text": "\"For some people, it's easier to stick to a budget if they have separate checking and savings accounts because they can deposit funds directly into their savings account and not have those funds accessible by debit/credit card, checks, etc. This allows people to pay themselves first and accumulate savings, while making it slightly more difficult to spend those savings on a whim. One a more technical/legal note, one key difference in the United States comes from Regulation D. \u00a7204.2(d)(2) of the law limits you to six withdrawals from savings and money market accounts. No such limit exists for checking accounts. Regulation D also forbids banks from paying interest on business checking accounts.  In the simplest case, checking accounts and savings accounts are a tradeoff between liquidity and return. Checking accounts are much more liquid, but won't necessarily earn interest, while savings accounts are less liquid because of the withdrawal limits, but earn interest. Nowadays, however, sweep accounts blur this line somewhat because they function like checking accounts, in that you can write an unlimited number of checks, make an unlimited number of withdrawals, etc. but you can also earn interest on your account balance because some or all of the funds are \"\"swept\"\" into an investment account when not in use. The definition of \"\"in use\"\" can vary from business to business and bank to bank.\""}
{"_id": "39016", "title": "", "text": "None of those things sounded like concessions. I suspect, if you negotiated health care in terms of percentage of the cost instead of in raw dollars deducted, it'd actually come out that the company was taking a hit since the last contract. (I have no numbers to back this up, it's just that health care costs have been skyrocketing the last few years.)  Seniority rights kinda suck because they're just determined by time on the job and not merit. I'll take someone with 5 years in who's been getting better the whole time over someone with 20 who's been doing the negotiated minimum since the beginning. I'd like to be able to give the new people incentive to kick ass at their job.  The thing I don't like about unions is that they take the individual out of the game. Solidarity leads to one-size-fits all thinking, which is also the kind of thinking that gets companies thinking that everybody is replaceable. Really, everybody'd be better off if good people were hard to replace and average people could get by, but not excel."}
{"_id": "39024", "title": "", "text": "Hm. The largest ad network in the world, whom has a natural monopoly on the search market and the largest web browser by market share, is talking about blocking competitors' ads. That doesn't smell like an antitrust issue at all... /s"}
{"_id": "39041", "title": "", "text": "Create, market and perform seminars advising others how to get rich from the Chinese Real-Estate Bubble. Much more likely to be profitable; and you can do it from the comfort of your own country, without currency conversions."}
{"_id": "39047", "title": "", "text": "When banks operate under the FEDs cover of darkness and take tax payers dollars to grant bonuses to their employees and crash the US economy.  If government can't control the criminals on Wall Street, then it is time for 99% to carry out some vigilante justice against.  The day is coming.   What else don't you understand?"}
{"_id": "39053", "title": "", "text": "Refer to your T20 match - in India they have the IPL - Indian Premier League - which is basically like the NBA of cricket.... each major city has their own team and they play these 20/20 matches.  A popular celebrity or business celebrity owns a team.  They have players from all over the world that join these teams."}
{"_id": "39057", "title": "", "text": "\"Please note, if you enter your password into a 3rd party website -- there's always the chance that the third party website is recording your passwords.  Personally I've looked at the raw html and included javascript on this page, and(1) it looks like it's purely client side in your browser.  However I have not examined the javascript that is being pulled in by the advertising.  (Does advertising javascript included in a page have access to the full contents of the page and forms?)  Anyways -- don't enter existing/good/in-use passwords into 3rd party webpages.  Only do this with passwords that you have ALREADY changed, and that are not in use anywhere else.  You wouldn't think I'd have to remind people of this ... but I do...  (1) At THIS time, the link that Pilebsa included to tools4noobs.com looks okay.  Note that Pilebsa *could* edit his post and change the link *AFTER* someone else has looked at it.  Hell, I could be a SHILL for Pilebsa -- \"\"yah yah it's safe man, I checked it out fer you\"\".  Or tools4noobs or someone who has penetrated them could change the page AFTER I've looked at it.  It's a dangerous world, you'd better know what you're doing.\""}
{"_id": "39062", "title": "", "text": "\"&gt; may or may not pan out based on factors which are completely not in your control,  That's it in a nutshell, right there.  I don't get fowleryo's hubris that we can somehow always master our own destiny, if only we're alert and take proper advantage.  \"\"Shit happens\"\" isn't just a trite cliche.  For a lot of things, you can influence the dice, but we have to keep in mind that we're tiny little beings on a blue speck: sooner or later things line up to go one way or the other that we have no control over.\""}
{"_id": "39071", "title": "", "text": "If you are working for a small company, the expense ratios on the funds in the 401k account are likely much higher than you can get with a similar IRA. Depending on your income, whether you are married and want to contribute to a spouse's IRA, your limit on what can be contributed to an IRA may vary, but the compelling reason to contribute to a 401k is that the contribution limit is higher ($17,500 vs $5,500 for people on the lower end of the income scale) so you may need to contribute to a 401k to meet your retirement savings goals."}
{"_id": "39074", "title": "", "text": "Highlands mortgage is one such financial advisory form that provide mod gauges and refinancing at lowest possible rates. Highlands mortgage provides best mortgage rates in Delaware. Highlands mortgage provides various financial assistance such as refinancing consolidation of debt and providing loan for various necessities such as house. Highlands mortgage provide expert mortgage officers who assist clients at every stage of financing. If you are seeking for financial assistance in Delaware, you must seek the consultation of Highlands mortgage in order to get the best deal and that too at lower prices."}
{"_id": "39097", "title": "", "text": "https://www.onlinesbi.com/nri/accounts_deposits/sbinri_ad_nro.html  attached a link from India's premier bank SBI, confirming that you can move your regular saving account money, to NRO"}
{"_id": "39099", "title": "", "text": "&gt;and no officer should be making &lt;$40k.  I think its important to note that we should be hiring people that deserve more than $40k to be our police.  many of the thugs with badges on the streets today dont deserve a cent more than minimum wage."}
{"_id": "39102", "title": "", "text": "EVERYTHING is built on oppositional forces, and a kind of competition.  Otherwise the word wouldn\u2019t exist.  Capitalism gets better the more healthy competition there is.  Competition that stomps all other competitors to the ground is not healthy for Capitalism or society."}
{"_id": "39108", "title": "", "text": "Where do you live? I have not seen a single instance where renting is cheaper per month then purchasing a home. You are obviously doing well, so I'm not questioning the logistics just curious.   $200,000 home or less is roughly $1,300 - $1,500 a month with everything included (property taxes, etc), based on when I was looking at homes to purchase. To rent the same size home would have been about the same (or more) depending on the area. Texas and California being my main two areas of interest. The property I purchased now was being rented out for $1,100 but a 30-year fixed mortage w/ property taxes is only about $630 a month."}
{"_id": "39115", "title": "", "text": "\"Do you recall where you read that 25% is considered very good? I graduated college in 1984 so that's when my own 'investing life' really began. Of the 29 years, 9 of them showed 25% to be not quite so good.  2013     32.42, 2009     27.11,  2003     28.72,  1998     28.73,  1997     33.67,  1995     38.02,  1991     30.95,  1989     32.00,  1985     32.24.  Of course this is only in hindsight, and the returns I list are for the S&P index. Even with these great 9 years, the CAGR (compound annual growth) of the S&P from 1985 till the end of 2013 was 11.32%  Most managed funds (i.e. mutual funds) do not match the S&P over time. Much has been written on how an individual investor's best approach is to simply find the lowest cost index and use a mix with bonds (government) to match their risk tolerance.  \"\"my long term return is about S&P less .05%\"\" sounds like I'm announcing that I'm doing worse than average. Yes, and proud of it. Most investors (85-95% depending on survey) lag by far more than this, many percent in fact)\""}
{"_id": "39125", "title": "", "text": "\"Form W-9 (officially, the \"\"Request for Taxpayer Identification Number and Certification\"\") is used in the United States income tax system by a third party who must file an information return with the Internal Revenue Service (IRS). It requests the name, address, and taxpayer identification information of a taxpayer (in the form of a Social Security Number or Employer Identification Number). A W-9 is typically required when an individual is doing work, as a contractor or as an employee, for a company and will be paid more than $600 in a tax-year.  The company is required to file a W-2 or a 1099 and so requests a W-9 to get the information necessary for those forms. I cannot say if it is incompetence on the part of the accounting department or a deliberate ploy to make the refund process more onerous, but do not comply.  Politely nsist on a refund without any further information.  If the company refuses, request a charge-back from the credit-card company, file a complaint with the consumer-protection department of the state where the company is located, and write a bad review on Yelp or wherever else seems appropriate.\""}
{"_id": "39128", "title": "", "text": "&gt; They can move over to getting ketchup packets and bringing out orders. Also helping people with the kiosks.  If they can even hire them to do that. I work in ag and there are so many restrictions these days, we don't hire anyone under 18 to do anything for any reason. Even chop weeds. Which used to be summer jobs for a lot of the high school kids around here. Now they basically have nothing to do."}
{"_id": "39149", "title": "", "text": "\"Yes, that's true. Excerpt from \"\"The Warren Buffett Way\"\":  \"\"In November 2000, Warren Buffett and Berkshire Hathaway paid about $1 billion for Benjamin Moore &amp; Co., the Mercedes of paint companies. Founded in 1883 by the Moore brothers in their Brooklyn basement, Benjamin Moore today is fifth largest paint manufacturer in the United States and has an unmatched reputation  for  quality. It was reported that Buffett paid a 25 percent premium over the stock\u2019s  then  current  price.  On  the  surface,  that  might  seem to contradict one of Buffett\u2019s iron-clad rules: that he will act only when the price is low enough to constitute a margin of safety.  However,  we  also  know  that  Buffett  is  not  afraid  to  pay for  quality.  Even  more  revealing,  the  stock  price  jumped  50 percent to $37.62 per share after the deal was announced. This tells us that either Buffett found yet another company that was undervalued or else that the rest of the investing world was betting  on  Buffett\u2019s  acumen  and  traded  the  price  up  even  higher\u2014 or  both.\"\"\""}
{"_id": "39151", "title": "", "text": "At one point you could log into your HSBC account from the command line, but gosh, I've never heard of a bank that has a command line interface!"}
{"_id": "39170", "title": "", "text": "Abso-fucking-lutely not. And the idea that vegetarian or low fat items make them healthier should be called into question as well. There's nothing inherently healthier about eating vegetarian, except vegetarians tend to make more mindful food choices and live healthier lifestyles in other respects. But I've known very overweight vegetarians who survived on sugar and carbs as well.   Fat is not your enemy at taco bell. It's the tortillas wrapped around corn chips filled with beef mix that has oat flour as a filler - and the processed fake cheese made of vegetable oil and god knows what else.    Carbs are responsible for the obesity epidemic and saturated fat is not the dietary villain isn't been cast as. Everyone would be better off cutting out sugars and grains and sticking to real meat and veggies.  Cook with real butter and don't buy the leanest meat you can find. Bread and pasta and sugar will spike your insulin levels and promote fat storage as well as wreak havoc on your body over time."}
{"_id": "39183", "title": "", "text": "Today the most exciting and innovative way to generate massive leads for your business is through inbound marketing.The inbound marketing\u2019s main aim is to generate leads via the website. Integrating SEO into your web design is a very important part of Marketing And Web Design. Be sure, your web design SEO Company makes your website accountable for new business generations every month. Watch this video here: https://youtu.be/BvB206T8drE"}
{"_id": "39185", "title": "", "text": "The Level 2 data is simply showing the depth of the market. If I am trading shares with my broker I have the option of viewing only the top 10 bid/ask prices in the depth or all of the data (which sometimes can be a very long list). With another broker I get the top ten bid and ask prices and how many orders are available for each price level, or I have the option of listing each order separately for each price level (in order of when the order was placed). I get the same kind of data if trading options. I do not know about futures because I don't trade them. Simply this data may be important to a trader because it may give an indication of whether there are more buyers or sellers in the market, which in turn may (but not always) give an indication of which way the market may be moving. As an example the price depth below shows WBC before market open with sellers outweighing the buyers in both numbers and volume.  This gives an indication that prices may drop when the market opens. Of course there could be some good news coming out prior to market open or just after, causing a flood of buyers into the market and sellers to cancel their orders. This would change everything around with more buyers than sellers and indicate that prices may now be going up. The market depth is an important aspect to look at before putting an order in, as it can give an indication of which way the market is moving, especially in a very liquid security or market."}
{"_id": "39194", "title": "", "text": "Ask any smoker that has used the bubbler at smoke shop st Pete and they will tell you that it is a far more pleasant experience than glass pipelines. In terms of size, they fill up the gap between large glass pipes and the smaller bones. It was exactly this demand that caused its development. Just like a bong, you could use water as an air conditioning agent below. It's smaller size works to its benefit. You will hear a sound much like that of a hookah when you breathe in. This is because smoke passes through the water and is cooled and afterward breathed in."}
{"_id": "39211", "title": "", "text": "&gt;Capitalism ~~sets~~ influences prices for perceived value.  FTFY  The dismal science?  I don\u2019t know what you are talking about.  Wikipedia says it was coined by a Victorian age historian.  So I\u2019m recreating what you perceive as the dismal science?  From the sound of back t, it is something you disagree with.  But I don\u2019t know enough about either what you disagree or about \u201cthe dismal science\u201d to point out where my ideas on economics differ."}
{"_id": "39223", "title": "", "text": "It's a good idea to have some emergency money so I would propose a plan that keeps some in your savings:  If the 0% goes away, then consider paying it off, but by that time hopefully you have built up your savings a bit more. Also consider the ability to move the balance from the 2% cards to the 0% one, if that is possible."}
{"_id": "39247", "title": "", "text": "James Roth provides a partial solution good for stock picking but let's speed up process a bit, already calculated historical standard deviations: Ibbotson, very good collection of research papers here, examples below Books"}
{"_id": "39258", "title": "", "text": "They should choose Minneapolis, although I don\u2019t see it on the list. It is an amazing and underrated city. It is also reasonably close to Iowa where server farms are likely to start popping up like crazy; due to the availability of renewable energy and limited exposure to natural disasters."}
{"_id": "39260", "title": "", "text": "\"It's all about what you value personally. I'm mid-30s and drive a $40K \"\"luxury\"\" sports car.  I also happen to wear a $6K wristwatch every day.  I purchased both of these items because I thought they were beautiful when I saw them. On the flip side, because I spent 6 years living below the poverty line, I instinctively spend almost nothing on a daily basis.  My food budget is less than $50 a week, and I never go out to eat.  I wear my clothes and shoes and coats until they have holes, and I drove my previous car (a Toyota) into the ground.  My cell phone is 5 years old.  The walls of my apartment are bare.  I don't have cable TV, I don't subscribe to newspapers or magazines, and I don't own a pet.  In all of these cases I don't feel like I'm \"\"sacrificing\"\" anything; food and clothes and cell phones and pets just don't matter to me. If you truly feel that you're missing something in your life by not having a luxury car -- that owning one would be more satisfying than owning the corresponding tens of thousands of dollars -- then go for it.  Just be sure to consider all the other things that money could buy before you do. Lastly, buy in cash.  Don't make monthly payments unless you enjoy giving money away to the bank!\""}
{"_id": "39263", "title": "", "text": "The best way is to retain the charge slips. After you are done for the month you can discard them.   Alternatively if you are using any of the personal finance tool or a simple XLS to track exepnses, it would be easy to figure out what you actually spent and what was not yours."}
{"_id": "39265", "title": "", "text": "In addition to the higher risk as pointed out by @JamesRoth, you also need to consider that there are regulations against 'naked shorting' so you generally need to either own the security, or have someone that is willing to 'loan' the security to you in order to sell short.  If you own a stock you are shorting, the IRS could view the transaction as a Sell followed by a buy taking place in a less than 30 day period and you could be subject to wash-sale rules.  This added complexity (most often the finding of someone to loan you the security you are shorting) is another reason such trades are considered more advanced. You should also be aware that there are currently a number of proposals to re-instate the 'uptick rule' or some circuit-breaker variant. Designed to prevent short-sellers from driving down the price of a stock (and conducting 'bear raids etc) the first requires that a stock trade at the same or higher price as prior trades before you can submit a short.  In the latter shorting would be prohibited after a stock price had fallen a given percentage in a given amount of time.  In either case, should such a rule be (re)established then you could face limitations attempting to execute a short which you would not need to worry about doing simple buys or sells.   As to vehicles that would do this kind of thing (if you are convinced we are in a bear market and willing to take the risk) there are a number of ETF's classified as 'Inverse Exchange Traded Funds (ETF's) for a variety of markets that via various means seek to deliver a return similar to that of 'shorting the market' in question.  One such example for a common broad market is ticker SH the ProShares Short S&P500 ETF, which seeks to deliver a return that is the inverse of the S&P500 (and as would be predicted based on the roughly +15% performance of the S&P500 over the last 12 months, SH is down roughly -15% over the same period).  The Wikipedia article on inverse ETF's lists a number of other such funds covering various markets.   I think it should be noted that using such a vehicle is a pretty 'aggressive bet' to take in reaction to the belief that a bear market is imminent.  A more conservative approach would be to simply take money out of the market and place it in something like CD's or Treasury instruments.  In that case, you preserve your capital, regardless of what happens in the market. Using an inverse ETF OTOH means that if the market went bull instead of bear, you would lose money instead of merely holding your position."}
{"_id": "39268", "title": "", "text": "Since I have been banned at /r/aviation for desk-thumping the severe Trump criticism of Boeing (whose construction of Trump's overpriced Boeing Presidential aircraft was faulty and subject of a recall) I cannot post at censorship-happy, headchoppers'-haven r/aviation this notice that Russia has arrived in the AirBus/Boeing comfy zone. Probably China is next."}
{"_id": "39289", "title": "", "text": "As far as I can tell, the direct deposit option would require you to have a US bank account, which you don't have. So wire transfer is your only option unless you can ask them to try something else, like one of the cheaper money transfer services around. The charges for wire transfers tend to be fairly significant (typically low tens of USD). Depending on your relationship with the payer and the nature of the payment, try to get them to send it with all charges paid so you actually receive the amount you are owed and they cover the charges."}
{"_id": "39303", "title": "", "text": "\"In case other people arrive at this page wondering whether they should enable automatic reinvestment of dividends and capital gains for taxable (non-retirement) accounts (which is what I was searching for when I first arrived on this page): You might want to review https://www.bogleheads.org/wiki/Reinvesting_dividends_in_a_taxable_account and http://www.fivecentnickel.com/2011/01/26/why-you-shouldnt-automatically-reinvest-dividends/. The general idea is that--assuming you plan to regularly manually rebalance your portfolio to ensure that all of the \"\"pieces of the pie\"\" are the relative sizes that you want--there are approaches you can use to minimize taxes (and also fees, although at Vanguard I don't think that's a concern) if you choose a \"\"SpecID cost basis\"\" and manual reinvestment. Then you can go to \"\"Change your dividends and capital gains distribution elections\"\" at https://personal.vanguard.com/us/DivCapGainAccountSelection.\""}
{"_id": "39323", "title": "", "text": "Considered that in Italy even no-profit hospitals are not tax exempt, I also see no reason to exempt *any* property of the Church.  However, it is not so easy. In a historical and legal perspective, keep in mind that in Italy the Roman Catholic Church is not an entity like the others. [Treaties](http://en.wikipedia.org/wiki/Concordat) between the Vatican and Italy exist."}
{"_id": "39345", "title": "", "text": "Good questions. I can only add that it may be valuable if the company is bought, they may buy the options. Happened to me in previous company."}
{"_id": "39366", "title": "", "text": "Good on 'em!  I recently swapped out my old Galaxy S5 for a new LG, and I have to say that the Galaxy's reputation as an industry leader is well-deserved.  The LG does a lot of things better than my old Galaxy, but it has many more design flaws and stupid bullshits and in general, I preferred the Galaxy, me not being much of a technophile."}
{"_id": "39369", "title": "", "text": "\"&gt; And moreover there is no way that Sculley would have known about Sony's patent application until after it was issued (which I believe was in circa 1970, by which time Sculley would have been 30+ years old).  Why would he have had to have known about Sony's patent application. He explicitly stated he *didn't* know about it until after it was awarded.  &gt; And if you go with the OTHER version of this story -- that it wasn't a \"\"Trinitron\"\" but rather the ORIGINAL \"\"Color TV\"\" idea... well, then it becomes even LESS plausible...  Huh... it was neither. It was *a* color CRT design that bore a striking resemblance to what became the Trinitron display and certainly could have been considered prior art for some of the relevant patents.  &gt; Pretty much like the rest of Sculley's claims regarding his \"\"technology ideas\"\" and inventions -- it's all retconned bullshit that was come up with during/after his time at Apple in order to make him look/sound like someone other than a \"\"carmel-colored sugar-water marketing guy\"\".  The point isn't that Sculley was some genius inventor. He wasn't some master visionary who could predict the future. He sure wasn't going to build an Apple II in his garage. He clearly wasn't any of those things... then again, neither was Steve Jobs. What Sculley did have though a talent and an abiding interest in technology and certainly understood it far more thoroughly than \"\"some caramel-colored sugar-water marketing guy\"\" (let's assume for a moment his TV design was complete crap and unoriginal... how many kids his age do you think were even coming up with crappy, unoriginal TV designs, and how many of those went on to become marketing guys?).  He could reason and understand about technology, its potential, and its impact in a way that a lot of CEO's at the time couldn't. That ability to hear all the technical ideas (and I'd really love to see the part where he claimed credit for these inventions... because I sure haven't noticed that from *any* of Apple's CEO's before, even Jobs) in development by a multitude of others and synthesize a realistic model of how the market would all come together with enough certainty to act on it is exactly what most CEO's suck at.  If you want to talk about BS mythologies, let's talk about the notion that the only CEO Apple had that understood technology was Steve Jobs.\""}
{"_id": "39376", "title": "", "text": "Kudos to you on having money in a retirement account as early as after college.  Many people don't start investing towards retirement until far to late and compound interest makes a major difference in those early years. Ideally, neither withdraw nor borrow from these accounts.  Withdrawing from your 403b will incur a 10% penalty unless you are over the minimum age on top of the normal tax on that income.  With a 401K loan you're putting yourself at risk if you run into a situation where you can't pay the loan back of incurring the same penalties as an early withdrawal.  This article covers the concerns well. In general, you want to view your retirement money as untouchable until the distributions need to start coming in retirement.  It's your future in there. Of course, this doesn't help the short term cash need.  Do you have money in an emergency fund somewhere?  Could a relative loan you money?  Can you move to a less expensive place in advance and squirrel away some of what would have been your rent cash?  Can you cut back to bare necessities and do the same?  Do you have some nice stuff sitting around that you could sell to make up that needed cash?  Will your current employer pay out unused vacation or are you getting any severance from this situation?  Will you qualify for unemployment? I other words, think about what you would do to get the money if your retirement accounts weren't there.  Then do that - as long as it's legal and doesn't involve running up debt on high interest lines of credit - instead of borrowing against your future."}
{"_id": "39393", "title": "", "text": "A hematology analyzer is very useful as doctors have used routine blood testing to monitor every type of health condition, from hormone levels to glucose and various vitamin deficiencies. And it comes as no surprise that as awareness level amongst the masses rises; a growing fraction of the general population is making its way to blood test clinics to improve their overall health. This makes the use of hematology analyzers to run tests on blood samples more celebrated."}
{"_id": "39398", "title": "", "text": "\"Now, how many seats was JetBlue actually able to sell at that price? They sold out every flight almost immediately after announcing this. Everyone is shitting on American for charging &gt;1K for ticket prices. These are full fares that are normally sold less than 1% of the time.   Optimally, airlines never seek 100% of their seats, they try to sell about 90-95% and save the rest of the seats for business travelers going somewhere last minute or for passengers that had an emergency  on the other side of the country.   Because there were so many flight cancellations, and virtually no seats available anywhere, the algorithms were trying to \"\"protect\"\" that availability for walk-up ticket purchases.\""}
{"_id": "39402", "title": "", "text": "It definitely depends on your risk appetite as Joe Taxpayer pointed out in his answer. Covered calls are a good choice for someone who already own's the stock, because the premium collected reduces the cost basis for the position. The downside is that if the calls are exercised, there is a good chance that you are missing out on additional upside in the stock price (because the strike is obviously below the market value for the stocks).  Another good option trade is the spread option. This would allow you to capture the difference between the two strikes of the options in the spread. This is also one of the less risky choices because your initial cost an potential profit/loss are known in advance of entering the position."}
{"_id": "39407", "title": "", "text": "Do all/most unit trusts have equalisation policy? It is really that some value of the fund is given to the investor, so the fund value goes down by that much per unit. It depends on the type of mutual funds. For example, there are growth type mutual funds that do not give any dividend and the total value of the fund is reflected in its price. Do the companies whose stocks we owned directly apply equalisation policy on their dividends as well? Why not? As far a stock price is concerned, it usually decrease by the same amount of the dividend payout at ex-date, so in effect, the market in a way does the equalization, the company directly does not do it."}
{"_id": "39413", "title": "", "text": "By exploiting institutional investors, HFT does hurt small investors. People with pension, mutual, and index funds get smaller returns. Endowment funds are also going to get hurt which hurts hospitals, schools, charities, and other institutions that work for the public good.  I agree with you though. At this point we would likely be just arguing semantics."}
{"_id": "39436", "title": "", "text": "\"The most fundamental answer is that when you short a stock (or an ETF), you short a specific number of shares on a specific day, and you probably don't adjust this much as the price wobbles goes up and down. But an inverse fund is not tied to a specific start date, like your own transaction is.  It adjusts on an ongoing basis to maintain its full specified leverage at all times.  If the underlying index goes up, it has to effectively \"\"buy in\"\" because its collateral is no longer sufficient to support its open position.  On the other hand, if the underlying index goes down, that frees up collateral which is used to effectively short-sell more of the underlying.  So by design it will buy high and sell low, and so any volatility will pump money out of the fund. I say \"\"effectively\"\" because inverse funds use derivatives and contracts, rather than actually shorting the underlying security.   Which brings up the less fundamental issue.  These derivatives and contracts are relatively opaque; the counter-parties are in it for their own benefit, not yours; and the people who run the fund get their expenses regardless of how you do, and they are hard for you to monitor.  This is a hazardous combination.\""}
{"_id": "39454", "title": "", "text": "\"As trane_0 suggested above, I am not questioning the validity of the study by Kenichi Ueda and Beatrice Weder Di Mauro. I don't doubt that there is some discount to the risk premium demanded in the market for the debt of systemically important banks.   What I am doubting is that this is a \"\"subsidy\"\" by the US government. This is a \"\"subsidy\"\" by bond investors, not the US government. Additionally, it is based on the assessment of risk by those investors as there is no explicit guarantee by the US government (see Lehman Brothers and Bear Stearns). There is no transfer of wealth by the US government and therefore there is no active subsidy.\""}
{"_id": "39478", "title": "", "text": "A lot of people use dividend stocks as a regular income, which is why dividend stocks are often associated with retirement. If your goal is growth and you're reinvesting capital gains and dividends then investing growth stocks or dividend stocks should have the same effect. The only difference would be if you are manually reinvesting dividends, which could incur extra trading fees."}
{"_id": "39481", "title": "", "text": "\"Unfortunately, where I live, minimum wage is what is available to High School graduates.  We have an abundance of minimum wage jobs looking to hire, and no docks, and few greater than minimum wage jobs for people right out of High School.  And minimum wage isn't enough to support a person here.  I think school costs have gone up for more than just loans for everyone.  Our colleges have administration bloat, huge wages for the top few, and are being run like businesses rather than schools: profit over people.  Their educational license still stands, but they work to increase their profit rather than increase their quality of education.  I understand that there is a large \"\"blame game\"\" going on about why people are poor or undeserving.  They are lazy. They are drug addicts and gangsters.  They are entitled.  Any excuse we can come up with to not help the other guy.  The other issue is HOW we help the other guy:  Do we hand them money and say, \"\"Go out and succeed\"\"?  That's been our current method.  But both of these issues again fall to education!  If we can improve education so it teaches people how to have an impact on their world, how to find something they can do well, and how to succeed, then we can resolve the other issues.  Right now, our schools teach basic skills: Math, Science, Reading to the extent that the students can past the tests.  But the world is not built on Math, Science, and Reading.  They are important, but more important are social skills, resource allocation and utilization, self-learning, testing and verifying.  Teach them the basics!  We need them!  But teach them to be self-controlling, self-responsible people.  I know this is part of the third paragraph, but I find, on the outset, we may seem like we have completely different views, when in reality, it is simply where we put the emphasis, not the actual view itself, that differs.\""}
{"_id": "39495", "title": "", "text": "Ben already covered most of this in his answer, but I want to emphasize the most important part of getting a loan with limited credit history. Go into a credit union or community bank and talk to the loan officer there in person. Ask for recommendations on how much they would lend based on your income to get the best interest rate that they can offer. Sometimes shortening the length of the loan will get you a lower rate, sometimes it won't. (In any case, make sure you can pay it off quickly no matter the term that you sign with.)  Each bank may have different policies. Talk to at least two of them even if the first one offers you terms that you like. Talking to a loan officer is valuable life experience, and if you discuss your goals directly with them, then they will be able to give you feedback about whether they think a small loan is worth their time."}
{"_id": "39503", "title": "", "text": "\"I think that pattern is impossible, since the attempt to apply the second half would seem to prevent executing the first. Could you rewrite that as \"\"After the stock rises to $X, start watching for a drop of $Y from peak price; if/when that happens, sell.\"\" Or does that not do what you want? (I'm not going to comment on whether the proposed programmed trading makes sense. Trying to manage things at this level of detail has always struck me as glorified guesswork.)\""}
{"_id": "39518", "title": "", "text": "Who says that both parents have to work?  Also, why would you include that as an opportunity cost when a parent staying home can and often does save money from work clothes, lunches out, extra gas, car insurance for a second car, not to mention paying for and repairing a second car.  In the end, when I did my analysis for my own life, if I worked full time, I was going to be in debt to keep working.  My actual per hour pay when taking all of these things into account was less than $1 an hour. That doesn't even take into account daycare, days off of work for doctor visits, or anything else.  It is actually much cheaper for a woman to stay home and be employed in the home economy when she is not making at least $10 to $15 an hour depending on where she lives.    If my husband worked and I diligently tried to save money in other areas we were not currently saving money in, I would actually be earning my keep through home employment.  Things like sewing clothes with materials found, canning foods, baking, gardening, raising our own milk and eggs in small amounts, and recycling everything instead of tossing and buying new reduced our cost significantly.  Look even Elizabeth Warren says in this economy, that low skilled workers with less than a Bachelor's that want to have children would be better off doing it this way because of the price of everything.  It is tantamount to turning everything we have been taught on our heads, but it is true if you run the numbers."}
{"_id": "39526", "title": "", "text": "I'll be honest the Dorito loco tacos are a guilty pleasure of mine even though I have NO idea what's in them but their loaded chicken grillers are pretty solid. Get them with no sour cream and hot sauce between 2 and 5 O clock for a buck and you have a budget lunch that's hard to beat."}
{"_id": "39528", "title": "", "text": "&gt; Most would prefer to go to the toy store so their children can try the bicycle or riding car and choose the one they like.  Precisely why brick and mortar stores are going out of business.  Hard for them to stay in business when people use them as Amazon's showroom floor to try stuff out before they ultimately buy it on Amazon due to better pricing and return policy."}
{"_id": "39530", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [As tech companies get richer, is it 'game over' for startups?](https://np.reddit.com/r/talkbusiness/comments/781asx/as_tech_companies_get_richer_is_it_game_over_for/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "39532", "title": "", "text": "Just set up a budget. Indicate how much money comes in, how much goes out to must pay expenses (lodging, food, gas, heat, cooling, etc), and determine how much is leftover for anything else you want. If that amount is ok, then you're fine. If not, something needs adjusting."}
{"_id": "39561", "title": "", "text": "Bitcoin isn't exactly backed by any substantial economic factors, like a good, skill, etc., and people are less familiar with it than a bond.  The idea of currency existing as debt has been with humankind for thousands of years, and we've just forgotten, so I thought using the bond equivalent wold refresh that thought in peoples minds, and begin a period of rethinking our culture on social and economic terms."}
{"_id": "39563", "title": "", "text": "I grew up building gamers from scratch (~1992) and working IRQ, ports, managing conventional memory with those damn boot disks. Then the sound card fiascos. Now that I'm 34 and not into gaming so much, once my PC dies that's the end of my relationship with MS.    It was a fun 22 years and boy did I learn a lot! But that era is long gone. My dad who was right there doing it all with me finally tapped out this year himself. He's a mac-convert at 65. /nerd-nostalgia"}
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{"_id": "39566", "title": "", "text": "If you look at history, it shows that the more people predict corrections the less was the chance they came. That doesn't prove it stays so, though. 2017 is not any different than other years in the future: Independent of this, with less than ten years remaining until you need to draw from your money, it is a good idea to move away from high risk (and high gain); you will not have enough time to recover if it goes awry. There are different approaches, but you should slowly and continuously migrate your capital to less risky investments. Pick some good days and move 10% or 20% each time to low-risk, so that towards the end of the remaining time 90 or 100% are low or zero risk investments. Many investment banks and retirement funds offer dedicated funds for that, they are called 'Retirement 2020' or 'Retirement 2030'; they do exactly this 'slow and continuous moving over' for you; just pick the right one."}
{"_id": "39569", "title": "", "text": "\"There's nothing to rebalance, the index fund rebalances itself to continue matching the index. However, you need to understand that such an investment is not diversified and you only invest in a very specific market, and very specific stocks on that market. S&P 500 is large (500 different companies, most of the time), but still not as broadly diversified as your retirement investment portfolio should be. You should talk to a financial adviser (CFP for example), many companies provide access to these for 401k plan participants. But in any case, I'd suggest considering \"\"target date\"\" funds - funds that are investing based on your expected retirement year, and become more conservative as you get closer to that year.\""}
{"_id": "39585", "title": "", "text": "\"Discussions around expected values and risk premiums are very useful, but there's another thing to consider: cash flow. Some individuals have high value assets that are vital to them, such as  transportation or housing.  The cost of replacing these assets is prohibitive to them: their cashflow means that their rate of saving is too low to accrue a fund large enough to cover the asset's loss. However, their cashflow is such that they can afford insurance. While it may be true that, over time, they would be \"\"better off\"\" saving that money in an asset replacement fund, until that fund reaches a certain level, they are unprotected. Thus, it's not just about being risk averse; there are some very pragmatic reasons why individuals with low disposable income might elect to pay for insurance when they would be financially better off without it.\""}
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{"_id": "39589", "title": "", "text": "I haven't really dug into this story.  Did he release a public memo, or did he write an internal memo that someone else released?  To me, that's a big difference.  Anyone should be allowed to voice their concerns and get a fair hearing, and an organization that fires anyone who questions their policies is toxic.  The way some stories are written, it sounds as though the VP of Diversity had his head because he dared to question the way she does her job.   That's quite a bit different than airing your grievances publicly, though.  Frankly, if one of my employees had a viral rant about my company, I'd probably show him the door.  It's not about his opinions at that point, it's about the lack of discretion."}
{"_id": "39620", "title": "", "text": "This creates high levels of efficiency, but is efficiency really what we need?  A robot is very efficient, and increases income, but for who?  When a corporation absorbs another, it does so *with the expectation* that redundant jobs will be shed, and that the income from those jobs will go to the shareholders.  And so one can see where income inequality has it's roots."}
{"_id": "39625", "title": "", "text": "I'm a pretty big Yelp user. I have been frequenting a new local business and have come to understand how their reviews get filtered to help them. It's very simple to get the filtered reviews to come up on the main page.   If you sign up and do one review it will be on the main page for a little while, a week or two, then drop off. They give the new user time to start doing reviews and to become part of the community. If there is no other activity, they become filtered. To get them back to the main page all the user has to do is friend a few people and do some more reviews. Not many even. They are a small sandwich shop and know their regulars. I shared with them this simple information and I have seen their page go from two reviews to seven. They just asked their customers to review other places and their reviews came back.   The Yelp system is to stop the one review and done people. It works the same for bad reviews as well."}
{"_id": "39660", "title": "", "text": "Okay as long as you aren't dumb enough to actually think this would be worth pursuing. I don't want you to waste your money when it could go towards something nice, like your house budget.  If you really do believe they are overvalued there are much better strategies."}
{"_id": "39673", "title": "", "text": "Luck and merit are not mutually exclusive.  It takes luck to get merit.   The most interesting part of the cartoon is not that some rich man has the power to push back the hoard but that otherwise the whole earth would just be covered up and then what?  Humans need to stop breeding. 7 billlion is already too much."}
{"_id": "39676", "title": "", "text": "Awesome, you are a math guy.  Very good for you.  In theory, what you are proposing, should work out great as the math works out great.  However have you taken a economics or finance coursework?  The math that they do in these class will leave a most math guys uncomfortable with the imprecision even when one is comfortable with chaos theory. Personal finance is worse.  If it were about math things like reverse mortgages, payday lenders, and advances on one income tax returns would not exist.   The risk derived from the situation you describe is one born out of behavior.  Sometimes it is beyond control of the person attempting your scheme.  Suppose one of these happen: In my opinion the market is risky enough without borrowing money in order to invest.  Its one thing to not pay extra principle to a mortgage in order to put that money in play in the market, it is another thing to do what you are suggesting.  While their may be late fees associated with a mortgage payment, a fixed rate mortgage will not change if you late on payment(s). On these balance transfer CC schemes they will jack your rate up for any excuse possible.  I read an article that the most common way to end up with a 23%+ credit card was to start out with a 0% balance transfer.  One thing that is often overlooked is that the transfer fee paid jacks up the stated rate of the card.   In the end, get out of consumer debt, have an emergency fund, then start investing.  Building a firm financial foundation is the best way to go about it.  Without one it will be difficult to make headway.  With one your net worth will increase faster then you imagined possible."}
{"_id": "39682", "title": "", "text": "Thank you. I try to lead my firm in a way where everyone feels important; I like to surround myself with intelligent and hardworking people.  I appreciate the empathy (and sympathy) regarding my age - some people are jealous, others don't understand. That's there problem, not mine.   I actually managed an ice cream shop when I was in high school too. (;  Good luck!"}
{"_id": "39687", "title": "", "text": "That will depend on what area of finance you're interested in. For some sectors you shouldn't focus on programming as a skill to learn outside the classroom (for example CRE, iBanking). Personally I think VBA, Python and R would be great places to start (and useful in sectors such as risk management, trading and possibly even the insurance industry). Just pick one, the first one you learn will take the longest after that you'll realize learning more isn't that hard."}
{"_id": "39696", "title": "", "text": "\"The market price of a stock is based on nothing at all more than what two parties were last willing to transact for it. The stock has a \"\"bid\"\" and an \"\"ask\"\" each is the value placed by a counterparty. For the sale to occur, one party must meet the other. The stock transacts and that is the price. For a stock to \"\"go up\"\" people must be willing to pay more for it. Likewise, for it to \"\"go down\"\" people must be willing to accept less for it.\""}
{"_id": "39716", "title": "", "text": "As weird as it seems, 5 years is not a long term investment.  Furthermore investing is about accepting risk.  Based on your criteria for the alternative to a down payment, I think your only choice is to make the larger down payment. If however, you were willing to invest that money for the long term (in a retirement account or an educational account for example) then I would definitely encourage you to invest.  I think the chance that a long term investment in a diversified investment account will exceed 3.25% is pretty high.  However, that is only my opinion, and I am not clairvoyant, so your let your personal tolerance to risk be your guide. But again, based on the way you asked it, down payment all the way.  Your time frame means you are not an investor.  Therefore your only option for risk free storage of money is an FDIC insured account, which might pay a little less than 1% for the next 5 years.  A bigger down payment will have a 3.25% return in this case. In that order.  #4 and #5 could be swapped if the interest rate on the loans is really low."}
{"_id": "39720", "title": "", "text": "When the check is deposited, the bank verifies the signature in the check matches your signature in file."}
{"_id": "39724", "title": "", "text": "If this was going on in the UK, I would try to get a mental capacity assessment done on the father. There are laws that stop you taking advantage of people that don\u2019t understand what is going on; these laws could be used against the manager, but only if you can clearly prove that the father does not understand that the \u201cbusiness\u201d is losing money. If the father does understand what is going on, then there is nothing you can do, as he has every right to waste his money, and anyone that may inherit what is left has no rights until he is dead."}
{"_id": "39734", "title": "", "text": "No, you may not deduct the charitable contributions of your children. The Nest covers this in detail: The IRS only allows you to deduct charitable contributions that you personally funded, whether the contribution was made in your name or in someone else's. If your child or dependent makes a donation to a charity, you are not allowed to claim it as a tax deduction. This is true even if your dependent does not claim the contribution on his own tax return because he opts for the standard deduction rather than itemizing or claims exemption. Now, had you constructed the transaction differently, it's possible you could've made the contribution in your child's name and thus claimed the deduction.  Allowance is technically a gift, and if she agrees to forgo allowance in exchange for you making a contribution, well, the IRS can't really complain (though they might try if it were a large amount!). Contributions in the name of someone else, but funded by yourself, are deductible: [Y]ou can deduct contributions you make in someone else\u2019s name. So if you donated a certain amount of money to XYZ charity in your child\u2019s name, for example, you would be able to deduct this amount on your taxes, as long as the deduction requirements are met. You will need to keep accurate records of the payment along with the receipt from the organization to prove you financed the donation."}
{"_id": "39746", "title": "", "text": "Awesome to see this.  Costco is a much better company and they treat their employees well.  I'm happy to see Walmart employees stand up for their rights and make a stand.  It must be incredibly difficult for them as well, considering their financial situation."}
{"_id": "39749", "title": "", "text": "\"She claimed that she makes money. When you wanted to make some too, she asked for your account credentials - which are only needed to take money away, never to give. The simplest explanation would be loan scam: Even if you have only $10 on your account, you can lose much more - the trick is that someone using your credentials can take an online loan in your name, and steal that money. If the scheme is long-running, she'll be taking new loans and using the money to pay back the earlier ones, building up credit history for her victims - only to allow taking even bigger loans. Her victims see the incoming transfers and are happy about the scheme \"\"working\"\". Until she decides that the pot is big enough to cash it in and disappear, leaving everyone deep in debt. Those who fell for this could be already defaulting loans they have no idea about and the loan companies have no way of notifying them, because she redirected the contact details. Never reveal your password. Nobody needs your password for any legitimate purpose.\""}
{"_id": "39770", "title": "", "text": "1) Don't get an MBA yet. You should spend ~3-5 years in the industry first.  2) If you think you need Excel classes, you probably need Excel classes. Depending on what type of path you want to take, either learn financial modeling/forecasting or data analysis. Or both. There are a ton of free resources online to get yourself started. [Like this.](http://macabacus.com/)  3) If you need to, start in an ops/support role to build your network. These roles don't require a ton of industry experience, allow you to build your skill set, and (most importantly) allow you to network with people in the industry. I started off in a Market Risk support role at a major bank and now I'm working in front office finance. Just go above and beyond people's expectations, learn as much as possible, and keep an end game goal in mind."}
{"_id": "39772", "title": "", "text": "I've called both BofA and Amex Customer Support, and they couldn't help. That's because you cannot. Debit card is tied to your checking account, so you can do a cash advance from your AMEX and deposit it to your BOA checking account. It will then be available to use with your debit card."}
{"_id": "39774", "title": "", "text": "Completely agree. Wal-Mart has both the capital and the wherewithal to readjust incredibly quickly as they deem it necessary to do so. Couple those with the clout they have with manufacturers and it's fairly easy to see that a threat to Wal-Mart such as to see them 'losing all' to Amazon is more than a bit overly optimistic on an Amazon fanatic's part.  I like Amazon, and shop there regularly, arguably more than Wal-Mart.. ..but, I shop at both. There are certain things that Wal-Mart is just 'better' for.. ..for now. Things change, but Wal-Mart can easily afford to change with it if it feels so inclined. They aren't IBM vs Microsoft; stuck in a mindset and incapable of imagining a reality outside of that. Even with that analogy, IBM is still around."}
{"_id": "39781", "title": "", "text": "I\u2019ve spent roughly $70,000 at Amazon the past 3 years (calculated using their spreadsheet data of spending in the account section). What these businesses don\u2019t understand is that the products are all the same and the pricing varies minimally; customer service is and always will be my number one determining factor in where I do business. It takes me 30 seconds to get an Amazon agent on the line and 20 minutes for a Best Buy agent, plus Amz\u2019s return policies beat the shit out of B.B\u2019s."}
{"_id": "39783", "title": "", "text": "There are two unique identifiers for a bank account: SWIFT code + bank internal identifier, or IBAN code. IBAN is mostly used within European banking system, and the whole code provides a direct and unique identification of the account. SWIFT is an international network where each bank/bank branch has its own address, and account number is a metadata added to the message for the receiving bank to handle. Usually the name of the recipient and additional information are required when wiring money through the SWIFT network, to match the records and make sure there's no mistake. Account numbers don't have to be unique, not even within the same bank. There's always something else in addition to uniquely identify them."}
{"_id": "39793", "title": "", "text": "That's not exactly what I said, but can you point to a specific policy by a President that caused any of these crashes or booms?  War would be one, but you'd rarely hear a President calling to start a war in the modern era to boost the economy..."}
{"_id": "39816", "title": "", "text": "I've read multiple times that the way to rebuild the credit score is to get a credit card and then have some minor charges on it every month and have them paid in full every month. Old negative events age and this disciplined activity rebuild the score to some not to horrible levels. Now it's true that it's hard to get reasonably good credit cards when your credit score is poor. Yet it's not necessary to have a good credit card for this case - such things as large credit limit are not needed. All that's needed is a long grace period so that there's no interest between the moment a charge is done and a moment the bill is paid in full at the end of the month. Yes, the card may have rather high interest and rather low credit limit, but it doesn't really matter. I've read once on MSN Money that people are offered credit even while they're in the middle of bankruptcy, so it's not impossible to get a credit card in the described situation. Goes without saying that a lot of discipline will be needed to have all this implemented."}
{"_id": "39817", "title": "", "text": "I don't but you sounded like a close minded Jesus loving teenage redneck couch-potato from bible belt who only watches FoxTV. I am aware that RT is an official Russian government channel but that doesn't change the fact that dollar is in trouble. But i don't blame you. US high schools probably not gonna teach you that ;)   Here, you can read from a variety of other 'trusted' sources:   http://online.wsj.com/news/articles/SB10001424052748703907004576279321350926848  http://business.financialpost.com/2013/10/15/us-dollar-supremacy-decline/  http://www.cnbc.com/id/101650260#. http://www.thenational.ae/business/industry-insights/markets/us-federal-reserve-powerless-to-halt-dollars-decline"}
{"_id": "39819", "title": "", "text": "\"Old question I know, but I have some thoughts to share. Your title and question say two different things.  \"\"Better off\"\" should mean maximizing your ex-ante utility.  Most of your question seems to describe maximizing your expected return, as do the simulation exercises here.  Those are two different things because risk is implicitly ignored by what you call \"\"the pure mathematical answer.\"\"  The expected return on your investments needs to exceed the cost of your debt because interest you pay is risk-free while your investments are risky. To solve this problem, consider the portfolio problem where paying down debt is the risk-free asset and consider the set of optimal solutions.  You will get a capital allocation line between the solution where you put everything into paying down debt and the optimal/tangent portfolio from the set of risky assets.   In order to determine where on that line someone is, you must know their utility function and risk parameters.  You also must know the parameters of the investable universe, which we don't.\""}
{"_id": "39820", "title": "", "text": "We are the richest nation in the history of the world. We produce and consume more now than at any point in history.   Credit card debt is nowhere near historical levels. Delinquency rates on credit card loans is near the lowest it has ever been.  https://fred.stlouisfed.org/series/DRCCLACBS   It may seem wild and not make a lot of sense that data does not fit your worldview, but let yourself be open to information that conflicts with your own.   otherwise you are just held hostage by your own misconceptions.   You are going to wait a lifetime for that riot pal and you may learn to capitalize proper nouns while you are at it."}
{"_id": "39840", "title": "", "text": "They already don't have anywhere to live and can't afford to eat and wear clothes, you want them to waste 8+ hours a day on top of that? Hell, why not pay them 3 dollars an hour? Even more jobs! Isn't that better? Better than 0, right?"}
{"_id": "39847", "title": "", "text": "\"It's not just u/foood and Dems that dislike Rauner. Any politically conscious moderate understands that both Madigan and Rauner are to blame. Madigan's leadership in reckless spending has helped produce a massive deficit, but Rauner's \"\"my way or the highway\"\" attitude has been far more damaging to the state and is the primary root cause of the current now years-long budget impasse.\""}
{"_id": "39886", "title": "", "text": "The problem with a quick, easy solution to losing weight is that it usually leads to quick, easy weight gain shortly thereafter. There are hundreds of weight loss natural tips out there, and you may be tired of hearing the same advice repeated over and over. The truth is, there are no new weight loss tips. The same honest truth of yesterday is the truth today."}
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{"_id": "39927", "title": "", "text": "Because swing trading isn't the only reason to buy a stock, and it's not the only way to make money on a stock.  I do not have the expertise to make advice one way or the other, but I personally I feel swing trading is one of the worse ways to invest in the stock market. To answer your specific questions: In the previous post, I outlined a naive trade intended to make $1,000 off a $10k buy, but it was shown this would likely fail, even if the stock price would have increased by 10% had I not placed the trade. Another way to state this is that my trade would disrupt the stock price, and not in my favor at all. So, that means I'd have to settle for a smaller trade. If I bought $100 worth of the stock, that size of a buy wouldn't be too disruptive. I might succeed and get $10 out of the trade (10% of $100). But my trade fee was $8 or so... To summarize, you are completely correct that even hoping for gains of 10% on a consistent basis (in other words, after every single trade!) is totally unrealistic.  You already seem to understand that swing trading on low-volume stocks is pointless.  But your last question was... So how do people make any significant money trading low volume stocks--if they even do? I assume money is made, since the stocks are bought and sold. I have some guesses, but I'd like to hear from the experts. ... and in a comment: Then if no one does make significant money trading these stocks...what are they doing there on the market?  The answer is that the buying and selling is mostly likely not by swing traders.  It's by investors that believe in the company.  The company is on the market because the company believes public trading to be an advantageous position for them to receive capital investments, and there are people out there who think that transaction makes sense.  In other words, real investing."}
{"_id": "39976", "title": "", "text": "Gure neskek bezeroaren eskakizunak betetzen dituzte eta pozik daude. Karlsruhe-ren kulturari buruz benetan ulertu nahi duzun zerbitzu indibiduala al da? Hemen bazkide bakarra aurkitu ahal izango duzu fun jartzeko, hiri gehienetan erospark hegoaldeko Alemanian dago. Zure bikotearekin sexua nahi baduzu, gure webgunea bisitatu dezakezu. Profileko informazioa biltzen duzunean, datuak atzitu ditzakezu. Era berean, kideen jarrerak eta jarrerak erraz identifikatu ahal izango dira guneko kudeaketan."}
{"_id": "39993", "title": "", "text": "'there simply aren\u2019t that many grocery items (a typical grocery store will have between 30,000 and 50,000 SKUs)'  Yes, a 'typical' grocery store will have that many SKUs. If you visit Amazon grocery, you can add in many many more SKUs - and that is without fresh produce, etc."}
{"_id": "39997", "title": "", "text": "I think your understanding is correct as far as you describe, but you don't mention a critical detail to me.  You also imply some penalty details for early withdrawal / cancellation but you don't state those terms in detail. Where and when is the interest paid?  Does it go into the same CD for compounding?  Does it get paid to another account?  The description does say that it is priced at par, so we at least know that the interest doesn't have to be stuck unpaid within the CD until maturity, but it also means you don't necessarily get compounding at the CD rate. Without knowing where the interest goes, and if it's available for compounding, be careful in how you compare it to other CDs / savings accounts.  A compoundable structure might be a better option, even at a lower APY."}
{"_id": "40003", "title": "", "text": "The cost to the store is small. They may have to pay a slightly greater fee because the transaction is now bigger. They do need additional cash on hand. Even though the majority of transactions are electronic (credit/debit) or check, the local grocery store still seems to have significant cash on hand. This is seen as a customer service. If there is a 2% fee the $50 advance costs them $1 for the minority of customers that take advantage of it. After more than 10 years of doing this they have figured this into the cost of groceries. Of course the credit card company could also waive the fee to store. My credit card online statement does tell me how much cash back was received. The line says date, store, amount ($40.00 cash over and $123.45 purchases) $163.45 total. Therefore the credit card company knows that cash back was used."}
{"_id": "40012", "title": "", "text": "\"It becomes illegal when it is both material and nonpublic information. Material being defined as: Information that you would want and significantly alters the perception of the stock. To your point -- \"\"materiality\"\" is really up to the courts Nonpublic This is a little easier to define, but need to be careful if the information is disclosed selectively -- ie to just a small number of investment analysts -- this may still be nonpublic There is also an exception to this -- Mosaic Theory - This is the research you are referring to where the analyst calls up suppliers, etc and obtains information that is nonmaterial (wouldn't move the price of the security) but using experience and combined with public information creates something that is meaningful and could move the price of the security.  This is perfectly legal.  Material examples:\""}
{"_id": "40044", "title": "", "text": "You may also want to consider Delaware and Nevada as possible corporate homes.  They are common choices for out of state corporations.  You may find that they are better options.   Will earnings prior to forming the LLC have to be claimed as self-employment income? If so, would it be easier to wait until the next calendar year to form the LLC? Earnings after forming the Limited Liability Corporation (LLC) will probably have to be claimed as self-employment income.  See How LLC Members Are Taxed for more discussion.  In particular, read the section on self-employment taxes:   The current rule is that any owner who works in or helps manage the business must pay this tax on his or her distributive share (rightful share of profits). However, owners who are not active in the LLC -- that is, those who have merely invested money but don't provide services or make management decisions for the LLC -- may be exempt from paying self-employment taxes on their share of profits. The regulations in this area are a bit complicated, but if you actively manage or work in your LLC, you can expect to pay self-employment tax on all LLC profits allocated to you. As I read it, you actively work in the LLC, so it is unlikely that you can avoid paying self-employment taxes.  So it shouldn't make any difference when you officially start an LLC.  You'll have to pay self-employment taxes before and after creating the LLC regardless.   If you don't want to pay self-employment taxes, you may want to consider forming a Subchapter C corporation.  They don't have the same tax structure as Subchapter S corporations or LLCs.  You would be paid some kind of wage, salary, or commission and the corporation would pay the employer's side of the payroll taxes.   Note that Subchapter S corporations and LLCs exist because they usually pay less in tax than Subchapter C corporations do.  Even including the self-employment taxes that you owe.   A CPA should be able to guide you in making these decisions and help you with setup.   The one time that I started a corporation, I just paid a few hundred dollars to a service and they filed the paperwork for me.  That included state fees and notice costs.  The CPA probably has a service association already."}
{"_id": "40049", "title": "", "text": "Having just gone through this process as a buyer via broker in Israel, here are my thoughts: Tl;dr: An incentive such as you are suggesting would not be particularly helpful. In this case, your best option is to spend your efforts shopping for a broker that you can trust. The rest: Your main concern is that the broker will find you a place at the top of your budget and will not negotiate aggressively. The main person responsible for negotiation is YOU. You are paying for the property, and you are putting in bids: not your agent. The agent should advise you, but in the end should pass along your bids directly. The real problem is that you, as the buyer, generally do not have as close a feel for the pulse of the market as the broker, who should be quite aware of recent closings in the neighborhood. Therefore, there are a few things that you can do to help arm yourself: At the end of the day, if you have decided to use a broker, you are making a large financial commitment to hire someone to find you the best place, and therefore it may be more important at this point to spend your efforts shopping around for the best broker, rather than trying to figure out how to outsmart her. You are correct: buyers' agents DO have incentives to sell you on places that may not be right or good for you. For example: Although your scheme may help a bit with the first concern, it will not help at all with the other two, which I assume to be much more likely problems in any event. Instead, find recommendations for brokers from others. Have the broker show you a few properties and put in some low bids to get a feel for how she handles them. Discuss the properties together and try to assess if they really have your interests in mind. You are paying a lot for their service, and you should make sure, as much as possible, that they really are working honestly and in your best interest. A good broker who knows his market and is trying to help you can be a great asset in the opaque, cutthroat real estate market. \u05d4\u05d1\u05dc \u05d4\u05d1\u05dc\u05d9\u05dd, \u05d4\u05db\u05dc \u05d4\u05d1\u05dc. \u05e1\u05d5\u05e3 \u05d3\u05d1\u05e8 \u05d4\u05db\u05dc \u05e0\u05e9\u05de\u05e2, \u05d0\u05ea \u05d4\u05d0\u05dc\u05d5\u05d4\u05d9\u05dd \u05d9\u05d9\u05e8\u05d0 \u05d5\u05d0\u05ea \u05de\u05e6\u05d5\u05d5\u05ea\u05d9\u05d5 \u05e9\u05de\u05d5\u05e8 \u05db\u05d9 \u05d6\u05d4 \u05db\u05dc \u05d4\u05d0\u05d3\u05dd. Good luck!"}
{"_id": "40051", "title": "", "text": "You can do many things: Risk free: Risk of losing:"}
{"_id": "40061", "title": "", "text": "\"I watch a lot of the Vice shows on HBO.  Generally I like what they do.  But they are obviously very liberal-slanted.  I got a little irritated last week when they did a segment about health care.  One of the reporters talked to a bunch of doctors about health care.  They all talked about how the payments from insurance companies are small and/or unfair, etc.  Then at the end, all the doctors just kind of said \"\"single payer health care would be the best plan\"\".  But they never provided any kind of outline for what plan that is.  There are many different ways to organize a single payer system.  But to just say \"\"single payer is great\"\" seems unhelpful to me, and just trying to push a bias.\""}
{"_id": "40062", "title": "", "text": "Best holiday packages in Dubai are available for you with gomosafer, the online travel division of Mosafer. Dubai is a popular mid-east destination and has become quite popular holidaying destination from the past two decades. It has historic forts, impressive seascapes, luxury hotels, and sandunes and so on."}
{"_id": "40066", "title": "", "text": "I've applied to work for chase four times in the last month, and have been turned down four times. Y'all are the embarrassment for not hiring me!! I'd be the best addition to your company you've ever known. I'm embarrassed for you for continuing to operate without me on staff."}
{"_id": "40069", "title": "", "text": "How long will that transition take? And why did you get into construction?  I ask because I'm curious about how geography, the number of jobs in your area in that particular field, your perception of job options, why you chose that occupation at the time, and how long you expect your transition from one job to another to take. Those things factor into other arguments going on about this article and I'm curious how that information relates to myself and others.  You mentioned CC debt as building the trade deficit and that isn't entirely true, at least from what I've read about the deficit. The deficit is a symptom/outcome of some of which you know, but the decisions businesses make to outsource doesn't just add to that, but builds a skill deficit. Manufacturing is a good example of businesses outsourced and that skill seeing less and less entry level work due to it, which inhibits choice of income.  As for wages, a lot of countries have minimum wage laws, but to suggest one or another is disastrous for an entire country ignores a variety of economic factors that lead to a crap economy."}
{"_id": "40080", "title": "", "text": "I am a Swede living in Sweden and buy this instead of milk. They have replacements for most milk based products. Their yoghurt and cooking cream is amazing. Oatly also writes funny and useful information on their cartridges. A bit more expensive but that's okay for me."}
{"_id": "40088", "title": "", "text": "How frequently do people make the switch from back office to front office for S&amp;T roles like that? WSO says its nearly impossible. I know a guy who went from equity research at MS to trader at JPM; he networked hard and did a huge front office transition. Which is more common out of big front-front transitions and back-to-front on the same floor?"}
{"_id": "40093", "title": "", "text": "Agree with you here. I had to hammer in that concept for all our upcoming IT projects ~ most of these guys just never think in those terms, but frankly, that's the main way we decide on which projects to invest in with a limited budget. How the hell else am I supposed to put it? Results is only half the picture - huge results with even larger costs doesn't automatically  make it a good idea."}
{"_id": "40105", "title": "", "text": "Ib banking according to every friend and every article is 80.   Your dad is the first 80 hour emergency doc Ive met if hes an attending and not a resident. Hell I know interventional cardiologists and radiologists who work less than 65 hours a week."}
{"_id": "40131", "title": "", "text": "\"&gt; meant for adults with families  &gt;meant  It's a job. It doesn't have some greater purpose in life.   It is \"\"meant\"\" for anyone who can perform the task.  If the economy is such that a person with children occupies that position, then we should not simply say \"\"well tough luck buddy, go starve and fuck yourself.\"\"   We should say \"\"Positions should be able to pay people enough such that law abiding citizens can afford to live on them. All positions\"\"   We should strive to make people happier.\""}
{"_id": "40158", "title": "", "text": "\"This is another semantics question.  Again what matters is how the words are commonly used, as the usage came about long before the technical definitions. In this case, when people say \"\"mutual fund,\"\" they are often including both unit investment trusts and closed end funds.  Despite the labels the SEC has given in order to differentiate them, I'd say it's common (typical) practice to think of a closed-end fund as a type of mutual fund, rather than a different category altogether.  That's the way I've seen it used, anyway.\""}
{"_id": "40160", "title": "", "text": "First, corporate profits can grow relative to GDP.  If companies succeed in growing revenue without paying much more to workers, then corporate profits and stock prices will grow relative to GDP.  That has been happening for the last couple decades.  If you require that we keep corporate profits vs GDP constant, then borrowing/leverage is how you do it.  Companies can expand their operations on a fixed amount of shareholder equity, and as long as they can grow their profits faster than the cost of the debt, then shareholders keep the upside.  But this also means that share prices will quickly fall if profits decline even a small amount, because the debt must still be paid off."}
{"_id": "40161", "title": "", "text": "If you plan to stay in Europe for some time, then you should match your income currency with your liability currency, and so should use the Euro loan to pay off the INR loan, thereby eliminating the currency risk that you currently bear every time you convert Euro into INR to pay down the loan.  Plus, you have a much lower interest rate.  So, do it !"}
{"_id": "40183", "title": "", "text": "\"Too many barriers to entry. New graduates are stuck in a catch 22 senerio if they didn't do internships in their field while in college. Most \"\"Entry-level\"\" positions require 2-3 years experience, many certifications, and knowledge of proprietary software which the universities don't have acess to.\""}
{"_id": "40184", "title": "", "text": "My point was to collect as much tax revenue as possible without letting a loophole curtail the collection of said taxes. How ever that is accomplished is a possible solution I support, if the end game eventually disallows paying your own corp in a different country to bring down your bottom line then so be it. Or maybe we should watch what corps categorize as expenses, this is the magic of the internet, people can kick ideas around, you on the other hand had a virtual boner to find a small hole in my suggestion in which you could try to curtail the discussion.    Instead of be anti-intellectual and trying to find tiny flaws in someones suggestions, why not make some of your own. Because last I checked shooting down suggestions while offering none of your own was not a productive practice."}
{"_id": "40195", "title": "", "text": "Do you mean commercial real estate lending or corporate lending?  Sadly private equity is really difficult to get into without an investment banking background.  You will be competing with people who have investment banking backgrounds and also MBAs from top 5 schools.  I have friends at HBS, Wharton, etc and they all told me how difficult it is even for them.  It's not even guaranteed at that level.  Obviously, nothing is impossible but a huge challenge."}
{"_id": "40227", "title": "", "text": "Nothing beats statistics like that found on Morning Star, Yahoo or Google Finance.  When you are starting out, there is no need to reinvent the wheel.  Pick a couple of mutual funds with good track records and start there.   Keep in mind the financial press, to some degree, has a vested interest in having their readership chase the next hot thing.  So while sites like Seeking Alpha, Kiplingers, or Money do provide some good advice, there is also an element that placates their advertisers.   The only peer-to-peer lending I would consider is Lending Club.  However, you are probably better off in the long run investing in mutual funds.  One way to get involved in individual stocks without getting burned is to participate in Dividend Reinvestment Plans (DRIPs).  Companies that have them tend to be very well established, and they are structured to discourage trading.  Buying is easy, dividend reinvestment is easy, dividend payouts are easy; but, starting and selling  is kind of a pain.  That is a good thing."}
{"_id": "40229", "title": "", "text": "\"When lending through Kiva you are not making a \"\"charitable contribution\"\" it's a loan so you cannot deduct the amount you loaned out.  If you do lose money from your loan you can write off your entire loss same as you would with any other investment. However you should be careful because in the event of a tax audit you need to have the proper documentation in order to prove that loss (I don't know what Kiva provides). So to answer your question, no you would not be liable for any taxes from a Kiva loan.\""}
{"_id": "40240", "title": "", "text": "\"I recently requested an off-schedule escrow analysis. We refinanced a house in August and the servicer got confused about when the home owner's insurance was due (in October). They refunded the \"\"insurance\"\" money to us in September. That combined with the fact that the insurance amount was different than what they expected, made me request the escrow analysis. That way I can decide whether to pay up the escrow account now or do it over the next year. The servicer agent just said that the monthly payment amounts might change again in January when they do the usual analysis. If you like to set up automatic payments, that would be a downside. I haven't done that yet, so not a problem for me.\""}
{"_id": "40241", "title": "", "text": "\"You understood it pretty right. Every fiscal year (which runs from April 6 year Y to April 5 year Y+1), you can deposit a total GBP15k (this number is subject to an annual increase by HMRC) into your ISAs. You can open 2 new ISA every year but the amount deposited to those ISAs shall not excess GBP15k in total. From the 2016/17 tax year some ISAs now permit you to replace any funds you have withdrawn, without using up your allowance. It used to be that if you deposited GBP15K and then withdrew GBP5K, you could not pay in to that ISA again within that tax year as you had already used your full allowance. Under new Flexible ISA rules this would be allowed providing you replace the funds in the same ISA account and within the same tax year (strongly recommend that you check the small prints related to your account to make sure this is he case). Any gains and losses on the investments held in the ISA accounts are for you to take. i.e. If you make investment gains of GBP5K this does not reduces your allowance. You will still be able to deposit GBP15k (or whatever HMRC increases that number to) in the following year. You are also allowed to consolidate your ISAs. You can ask bank A to transfer the amount held into an ISA with bank held with bank B. This is usually done by filling a special form with the bank that will held the money post transactions. Again here be very careful. DO NOT withdraw the money to transfer it yourself as this would count against the GBP15K limit. Instead follow the procedures from the bank. Finally if you don't use your allowance for a given year, you cannot use it during the following year. i.e. if you don't deposit the GBP15K this year, then you cannot deposit GBP30K next year. NB: I used the word \"\"deposit\"\". It does not matter to HMRC if the money get invested or not. If you are in a rush on April 4th, just make sure the money is wired into the ISA account by the 5th. No need to rush and make bad investment decision. You can invest it later.  Hope it helps\""}
{"_id": "40257", "title": "", "text": "\"The government thought of that a long time ago, and has any loophole there plugged. Like if you set up a company to buy a car and then allow you to use it ... You can use the car for company business, like driving to a customer's office to make a sales call or delivery, and the cost of the car is then tax deductible. But the company must either prohibit personal use of the car, or keep a log of personal versus business use and the personal use becomes taxable income to you. So at best you'd get to deduct an expense here and then you'd have to add it back there for a net change in taxable income of zero. In general the IRS is very careful about personal use of business property and makes it tough to get away with a free ride. I'm sure there are people who lie about it and get away with it because they're never audited, but even if that causes you no ethical qualms, it's very risky. I don't doubt that there are people with very smart lawyers who have found loopholes in the rules. But it's not as simple as, \"\"I call myself a business and now all my personal expenses become tax deductible business expenses.\"\" If you could do that, everybody would do it and no one would pay taxes. Which might be a good thing, but the IRS doesn't see it that way.\""}
{"_id": "40276", "title": "", "text": "Hey, sole proprietorships called (don't those comprise roughly 50% of all businesses?) they want to know what corporate tax is.  Hell, most of them want to know what payroll tax is.  They just know it's not fun paying both halves of it.  From my perspective over on the incorporated side: Oh HEY, I'm incorporated as an S-Corp or and LLC -remember those?- and they're going to suck out five percent MORE of my GROSS.  I'll fax you my cash flows statement.  It's going to look like a severed artery.  For those lucky enough to be joining us from the C-Corp world, enjoy trying to retain your key employees without seeing your payroll costs go through the roof.  If you have all your employees by the balls because they don't have the skills to easily transfer [if you think you do, hint: you don't] then I hope you have the stomach to watch them all falling further and further behind and into debt.   I don't."}
{"_id": "40300", "title": "", "text": "\"The author really glosses over the impact of changes pertaining to \"\"return to work\"\" requirements/qualification.   [In Georgia, some recipient groups have been reduced by 60%](http://www.myajc.com/news/breaking-news/more-will-have-work-keep-food-stamps/pu0Y9SASOVxc5QwEzJJLdJ/). I'd be cautious about celebrating this kind of report being connected to people rising out of poverty status. The more obvious conclusion is that the reductions owe more to people simply being excluded from SNAP.\""}
{"_id": "40301", "title": "", "text": "There's a case to be made that companies below a certain market cap have more potential than the higher ones.  Consider, Apple cannot grow 100 fold from its current value. At $700B or so in value, that would be a $70T goal, just about the value of all the combined wealth in the entire US. At some point, the laws of large numbers take over, and exponential growth starts to flatten out.  On the flip side, Apple may have as good or better chance to rise 10% over the next 6-12 months as a random small cap stock."}
{"_id": "40312", "title": "", "text": "I would personally look at consolidating your debt at a lower interest rate by refinancing your mortgage. I would leave any retirement funds alone unless it was absolutely necessary to touch it with no other avenues available. However, once you have consolidated your debt into the mortgage I would pay more than the minimum amount so that you don't take too long to pay it off. I would put about 50% of the freed-up cash flow back into the repayments, that way you will be paying more debt off quicker and you will have additional cash flow to help your monthly budget. Another good point would be to go through your monthly budget to see if there is any expenses you could reduce or eliminate."}
{"_id": "40322", "title": "", "text": "As an American living in Canada, you don't get it.  The USA wants all of us expats to pay taxes twice. No other country but one does that.   If the USA would follow the rest of the world and not tax profits again after being taxed abroad, these companies wouldn't leave.  We could be having a better conversation here, but it's meaningless buzzwords of patriotism and boycotting.   Burger King will have growth and profit internationally. It makes more sense for them to focus on that. If they end up with 20% of their profit from the USA, why would they pay 120% taxes?  Obviously it's not quite as simple as that, but you get the general idea. The last thing our politicians want is us talking about eliminating double taxation. Just as you can't be tried for the same crime twice, you should not be taxed twice. When BK pays local taxes in whatever country they're in, whether it's lower or higher than the US is irrelevant. Taxes have been paid. End of story. Doesn't matter if it's a lower rate or creative accounting. It's done."}
{"_id": "40338", "title": "", "text": "\"If you are going to keep your US bank account for any period of time, the very best option I know of is to withdraw Euros from an atm using your US card once you are in Germany.    I draw on my US account regularly (I'm in Munich) and always get the going \"\"mid market\"\" exchange rate, which is better than what you get from a currency conversion service, transfer agency, or bank transfer, and there are no fees from the atm or my bank for the currency conversion or withdrawal.   Of course you should check with your bank to verify their rules and fees for atm use internationally.  It would also be wise to put a travel advisory on your account to be sure your transaction is not denied because you are out of country.\""}
{"_id": "40341", "title": "", "text": "\"At that point I was between relationships, and not really looking for one, so there was no \"\"spot formerly known as 'wet'\"\" to sleep in. I don't know if she ate breakfast or not. She would still be asleep when I left for the rec center at 6AM, then off to breakfast and class.   My friend who lived down the hall \"\"Bret the Voice\"\" noticed and would sometimes come over to hang out for a bit when she came over. We'd kick him out when it was time to sleep though.  It was a Cali-king sized bed I made from lashing two long twins together. Flannel sheets during the winter and lounging pillows on the floor made my dormroom The Place to hangout for my friends. Everyone called it \"\"The Bed of Lounging\"\". Every once in a while we'd have 4-5 people sleeping in it after a raucous weekend night.  No snoring I recall. I would fall asleep first and was the big spoon. I've never been able to sleep face-to-face with anyone, including my wife of 16 years.   The arrangement came to a halt when Bret the Voice and I moved out of the grad dorm the next year for a apartment off campus. Pam came over a few times to sleep, but not often because she couldn't just walk across campus. She had to drive. And by that time I was starting to get serious with a young lady from my art classes who was the most beautiful girl I'd ever been out with.  That's when I got a waterbed. They wouldn't let me put one in the dorm, even though I was on the ground floor. I asked...\""}
{"_id": "40365", "title": "", "text": "my first reaction to the buy out was this is great for Whole Foods.  bushels of new money coming in.  currently, Whole Foods stores are in very limited areas.  probably need to 4x or 5x locations to get big enough to give the Bezos drones a good workout  btw, I'd rather be the farmer right now"}
{"_id": "40380", "title": "", "text": "I think the police normal shift is a 12 hour shift. In order to get OT pay, you must either work more than 3 shifts a week, or work more than 12 hours in your shift. This is some hard working police, I don't think anyone should complaint about the OT paid."}
{"_id": "40398", "title": "", "text": "&gt;by the morons  Who would pay that much for this site? I have never met a single person who uses that site or thinks it is worth paying for. All their commercials star older people which immediately makes me think it's a scam or useless."}
{"_id": "40400", "title": "", "text": "&gt; With the medallion system, there is some level of protection to ensure that the industry remains viable for those who carry a medallion  Barely any if not close to zero Taxi drivers own medallions. They have to lease the taxi + medallion from a company that owns it, usually for a rate per 12 hour shift. Also while paying high credit card processing fees ~15% and other misc fees to the company that owns the cab and medallion."}
{"_id": "40414", "title": "", "text": "The example from the following website: Investopedia - Calculating The Present And Future Value Of Annuities  specifically the section 'Calculating the Present Value of an Annuity Due' shows how the calculation is made.  Using their figures, if five payments of $1000 are made over five years and depreciation (inflation) is 5%, the present value is $4545.95  There is also a formula for this summation, (ref. finance formulas)"}
{"_id": "40424", "title": "", "text": "\"A \"\"Fund\"\" is generally speaking a collection of similar financial products, which are bundled into a single investment, so that you as an individual can buy a portion of the Fund rather than buying 50 portions of various products. e.g. a \"\"Bond Fund\"\" may be a collection of various corporate bonds that are bundled together. The performance of the Fund would be the aggregate of each individual item. Generally speaking Funds are like pre-packaged \"\"diversification\"\". Rather than take time (and fees) to buy 50 different stocks on the same stock index, you could buy an \"\"Index Fund\"\" which represents the values of all of those stocks. A \"\"Portfolio\"\" is your individual package of investments. ie: the 20k you have in bonds + the 5k you have in shares, + the 50k you have in \"\"Funds\"\" + the 100k rental property you own. You might split the definition further buy saying \"\"My 401(k) portfolio & my taxable portfolio & my real estate portfolio\"\"(etc.), to denote how those items are invested. The implication of \"\"Portfolio\"\" is that you have considered how all of your investments work together; ie: your 5k in stocks is not so risky, because it is only 5k out of your entire 185k portfolio, which includes some low risk bonds and funds. Another way of looking at it, is that a Fund is a special type of Portfolio. That is, a Fund is a portfolio, that someone will sell to someone else (see Daniel's answer below). For example: Imagine you had $5,000 invested in IBM shares, and also had $5,000 invested in Apple shares. Call this your portfolio. But you also want to sell your portfolio, so let's also call it a 'fund'. Then you sell half of your 'fund' to a friend. So your friend (let's call him Maurice) pays you $4,000, to invest in your 'Fund'. Maurice gives you $4k, and in return, you given him a note that says \"\"Maurice owns 40% of atp9's Fund\"\".  The following month, IBM pays you $100 in dividends. But, Maurice owns 40% of those dividends. So you give him a cheque for $40 (some funds automatically reinvest dividends for their clients instead of paying them out immediately). Then you sell your Apple shares for $6,000 (a gain of $1,000 since you bought them). But Maurice owns 40% of that 6k, so you give him $2,400 (or perhaps, instead of giving him the money immediately, you reinvest it within the fund, and buy $6k of Microsoft shares). Why would you set up this Fund? Because Maurice will pay you a fee equal to, let's say, 1% of his total investment. Your job is now to invest the money in the Fund, in a way that aligns with what you told Maurice when he signed the contract. ie: maybe it's a tech fund, and you can only invest in big Tech companies. Maybe it's an Index fund, and your investment needs to exactly match a specific portion of the New York Stock Exchange. Maybe it's a bond fund, and you can only invest in corporate bonds. So to reiterate, a portfolio is a collection of investments (think of an artist's portfolio, being a collection of their work). Usually, people refer to their own 'portfolio', of personal investments. A fund is someone's portfolio, that other people can invest in. This allows an individual investor to give some of their decision making over to a Fund manager. In addition to relying on expertise of others, this allows the investor to save on transaction costs, because they can have a well-diversified portfolio (see what I did there?) while only buying into one or a few funds.\""}
{"_id": "40426", "title": "", "text": "20k a year for in-state university is a lot more believable (and let's leave out 'good' because then we would have to account for USNWR rankings and tuitions would definitely be higher). I'm pretty sure the private college tuition average is closer to 40k/yr, maybe even over it."}
{"_id": "40435", "title": "", "text": "\"I was being a bit facetious, but in general the public accounting profession  should be dedicated to the public good. Any scope restrictions placed on the auditors while performing the engagement should immediately be reported by the staff to accounting management. Basically any shady acts of the client should be noted in the work papers and reported. There's a whole bunch of rules to tell an audit staff accountant when to go above their own seniors/management if there is collusion or fraud.   Scope restrictions, ie. \"\"Hey you can't go in the warehouse to count inventory\"\", depending on the severity could qualify the audit report, disclaimer of an opinion, or withdrawal from the engagement. Therefore it's the auditors responsibility to refuse to provide a false audit report to the public or otherwise users of the financial statements. They should never act in the manner most profitable for the firm when faced with an ethical dilemma.   Then there's practicality and most audit partners will do anything it takes to keep their largest clients. On the same coin, those clients want a clean bill of reference for their creditors. Long standing relationships are most vulnerable to letting things slide in favor of the client.   There are thousands of companies and even ones publicly traded. The government would have to grow exponentially to actually audit all of these companies. That'll never happen, they have no idea where their own money goes as long as the revenues cover the expenditures.\""}
{"_id": "40445", "title": "", "text": "\"LOL!!!! The whole purpose of Robots, and AI, and Robots with AI, is to take jobs from humans.  How on earth Robots/AI can \"\"create more jobs\"\"?  Also(!!!!), Robots/AI reduce costs. The cost of goods and services will go down sharply. People will actually get paid less!!!! Because the costs are less.\""}
{"_id": "40447", "title": "", "text": "In the money puts and calls are subject to automatic execution at expiration. Each broker has its own rules and process for this.  For example, I am long a put. The strike is $100. The stock trades at the close, that final friday for $90. I am out to lunch that day. Figuratively, of course. I wake up Saturday and am short 100 shares. I can only be short in a margin account. And similarly, if I own calls, I either need the full value of the stock (i.e. 100*strike price) or a margin account.  I am going to repeat the key point. Each broker has its own process for auto execution. But, yes, you really don't want a deep in the money option to expire with no transaction.  On the flip side, you don't want to wake up Monday to find they were bought out by Apple for $150."}
{"_id": "40452", "title": "", "text": "&gt; It means we are promoting MAGAnomics\u2014and that means sustained 3% economic growth.  [Supply side economics has been shown to only benefit the top 10%](https://en.wikipedia.org/wiki/Supply-side_economics) and [even the CBO says the 3% estimate is unrealistic](http://www.cnn.com/2017/07/14/politics/cbo-trump-budget-math/index.html?sr=twCNN071417cbo-trump-budget-math0439PMVODtop).  &gt; For merely suggesting that we can get back to that level, the administration has been criticized as unrealistic. That\u2019s fine with us.  I'm sure since you are the 10% and will be long gone when the chickens come home to roost."}
{"_id": "40456", "title": "", "text": "Patents grant one company or individual a coercive monopoly on an idea.  One cannot own information...information is neither scarce nor rivalrous.   \u201cIf you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas.\u201d  -George Bernard Shaw   Granting someone a monopoly on an idea is a wrong in practical terms, as stories like these, and the various patent trolling occurring in the tech sector demonstrate.  Patent/copyright protect neither the fashion nor the food industry (in terms of recipes) and those industries thrive, as well as constantly innovate (indeed, they are *forced* to innovate, since they cannot monopolize one idea and rest on their laurels).  Coercively preventing someone from doing as they will with an idea using their own resources is morally wrong because you are denying their freedom to act using their own body, and justly owned property.  By building a chair using my own tools and materials, that happens to look similar to another chair someone else built 1000 miles away using their own resources, I've done nothing to deprive the other chair builder of his property...yet under current law, I can be prosecuted (i.e. fined, jailed, and beaten if I attempt to resist) if he has been granted a legal monopoly to that design...whether I've ever even seen his chair or not.    On both ideological and pragmatic grounds, the concept of patents is a failure."}
{"_id": "40457", "title": "", "text": "I havent used Fresh, I'll have ti give it a try if its available in my area.       For liquer/beer it's sometimes cheaper.  For the whiskey I drink, is the same price as the nearby store if I buy two bottles at a time."}
{"_id": "40465", "title": "", "text": "Why should the costs of mandatory services be based on a sliding scale? Why shouldn't everyone pay the exact same price for the same services? Would it be fair if you walked into a McDonalds and everyone was lined up based on income with everyone below a certain level expecting everyone above the line to pay their way?   Edit. If you were on the side of the line that was subsidized would you vote to end the subsidies or vote for policies that add more people to the side that gets free things so you can continue to get free things?"}
{"_id": "40498", "title": "", "text": "\"&gt;Los Angeles is ordering the company to pay about $900,000 to the employees within the next month. The company is also being fined $541,000 in penalties   How is this a whopping fine? Under federal law the minimum penalty is 100%. CA law provides for a fine of 1 months pay for a single infraction. Considering one of the charges is \"\"blocking investigators from interviewing employees\"\" and they are completely unrepentant and pretty much thumbing their nose at LA and wage laws in general, this is a paltry slap on the wrist for a company with $1.33 billion in revenue.\""}
{"_id": "40522", "title": "", "text": "\"This sounds like an accounting nightmare to be 100% precise.  With each payment you're going to have to track: If you can account for those, then the fair thing to do is for one person to stop paying after they have paid the amount of principal they had at the beginning of the process, or possibly after they have paid an amount equivalent to the total principal and accrued interest they would have paid if they paid their loans individually.   The problem is, one of you is likely going to pay more interest than you would have under the individual plan.  In the example you gave, if your brother pays off any of your loans, he is going to be paying more in interest than if he paid on his 5% loans. If you pay the highest rate loans first, whoever has the lower total balance is going to pay more interest since they'll be paying on the higher rates until they've paid their \"\"fair share\"\".   I don't see a clean way for you to divvy up the interest savings appropriately unless you trueup at the very end of the process.   Math aside, these types of agreements can be dangerous to relationships. What if one of you decides that they don't want to participate anymore? What if one of you gets all of their loans paid off much earlier - they get the joy of being debt free while the other still has all of the debt left? What if they then don't feel obligates to pay the other's remaining debt? Are you both equally committed to cutting lifestyle in order to attack these debts? In my opinion, the complexity and risk to the relationship don't justify the interest savings.\""}
{"_id": "40527", "title": "", "text": "Most people use SMS or internet messaging similar to WhatsApp - but WhatsApp is not popular in the US. People use Apple, Google or Facebook services.   Since SMS will not work for them in a foreign country, they can only use their internet messaging. Apple people use iMessage. Many other people use Facebook Messenger or Twitter Direct Messages (DMs). It is very important to have a Facebook account for people to link to you (when they write about their trip) - so Messenger should be easy to setup.   Google, Facebook, and twitter can run on a cheaper android phone.   But many tourists probably have Apple iPhones. iMessages can only be sent from Apple devices.  If you have access to an older iPhone (iPhone 4S) - it should be able to still send iMessages.   Email is used by everyone, but younger tourists may not like it, and it may be hard for you to check. Google can give you email and messenger for free."}
{"_id": "40552", "title": "", "text": "This is why a lot of the advice in this sub pisses me off: a lot of people in here would rather lie by obscurity than confronting issues head on to resolve them. Which I guess makes sense if you want to work your way into an obtuse, dishonest company culture (sometimes perceived as the only way to get a job to pay your bills). But I've been able to do pretty well by being honest. I don't think there is a need to buy into the bullshit.   Edit: oops for some reason I thought I was in /r/jobs"}
{"_id": "40556", "title": "", "text": "Then do a backup, factory reset the phone afterwards and install your iPhone clean through iTunes. Without proper maintenance even the longest lasting items will break.   You went through probably 3 major iOS updates on the phone, so there are tons of old shit clogging the thing up."}
{"_id": "40573", "title": "", "text": "My insurance has been the same for nearly a decade. Cable, too. Some groceries have gone up, like fresh fruits and Milk, but I've eliminated my home phone in that time, since my cell phone works everywhere, so it sort of balances out."}
{"_id": "40584", "title": "", "text": "Twitter is like screaming in space. Nobody hears shit. Internet advertising through links and text is a zero sum game and its on the decline. Basically they need someone around to play with the foosball tables and eat the free food.   /thread"}
{"_id": "40628", "title": "", "text": "\"There's no law in California that says you have to have a cash register. Logging cash sales manually, as you are doing, is fine. A cash register would help you track your cash sales as you describe. Some POS software will also allow you to log cash transactions, but it sounds like you just use a credit card processing web site or application, not a full-fledged POS system. In any case, for a small business, one option might be to get a cash register to log your cash sales, and continue to process credit cards the way you are (or continue as you are doing). Come tax season, use the output from both systems to calculate your income. You might want to consider an accounting software like Quickbooks so you can reconcile your income and expenses and statements from different sources. Also, as with any small business, it's worth your while to consult a tax accountant to make sure you're doing everything \"\"by the books\"\". Once you're set up properly, keeping the books in order becomes routine and easy.\""}
{"_id": "40632", "title": "", "text": "Did you even read the article?  Did you read what the government put out this week?  In places where the state government set up their own systems the insurance companies have stabilized the markets and made a very good profit last year. The only places it's failing are places where republicans did nothing to help it succeed. If you actually think this legislation is failing you've bought into the republican talking points."}
{"_id": "40652", "title": "", "text": "\"A lot of people have already explained that your assumptions are the issue, but I'll throw in my 2\u00a2. There are a lot of people who do the opposite of long term investing.  It's called high frequency trading.  I'd recommend reading the Wikipedia article for more info, but very basically, high frequency traders use programs to determine which stocks to buy and which ones to sell. An example program might be \"\"buy if the stock is increasing and sell if I've held it more than 1 second.\"\"\""}
{"_id": "40665", "title": "", "text": "\"Your dad may have paid an \"\"opportunity cost\"\" for that outright purchase.  If the money he saved had been invested elsewhere, he may have made more money.  If he was that well off, then his interest rate should have been the lowest possible.  My own father is a multi-millionaire (not myself) and he could afford to have paid for his house outright.  He didn't though.  To do so would have meant cashing in on several investments.  I don't know his interest rate but let's say it was 2.5%.  If he invests that million dollars into something he expects to get a 7% return on in the same period, then he would make more money by borrowing the money.  Hence, he would be paying an opportunity cost. Assuming you need to work, some jobs will also do background or credit checks.  Credit cards can be used by well off people to actually make them money by offering rewards (compared to straight cash transactions).  The better your credit history, the better the cards/rewards you can get.  You can build that credit history better by having these loans and making timely payments.\""}
{"_id": "40681", "title": "", "text": "\"So I've done some digging and have some new information.   I looked up Beam in California's business search and found Beam Financial, registered in November of 2015 by Yinan Du, incorporated in Delaware.  Searched Delaware's database and found a listing from 6/24/2014 with the agent \"\"National Registered Agents, Inc\"\"--not much to go on from that.   Some Google Sluething and it appears that Du was previously in charge of something called 24quan.com (not entirely sure what that business was).   Still trying to figure out which bank will be covering them for FDIC and when they will launch.\""}
{"_id": "40682", "title": "", "text": "I was wondering if I could make part of the payment here in USD legally? Although not directly illegal ... From an India tax and FMEA point of view this would be a bit complicated.  A NRI Seller cannot repatriate the proceeds from sale of house unless he had purchased this from NRE account and repatriation is only possible for original purchase amount. For the gains Seller has to apply for repatriation of funds. A NRI Seller has to pay taxes on gains and this transaction should not look like facilitating a tax fraud in case NRI Seller does not pay his taxes. As a Buyer if you make the purchase from your NRE account [i.e. Move US funds into India into NRE Account], it will ease you ability to repatriate funds in future. Depending on the property value and PAN card availability of seller, you have to deduct 1% to 30.12% tax from the value and deposit this with Income Tax India. PS: It is recommended that you consult a Professional CA to help you with modalities."}
{"_id": "40702", "title": "", "text": "Yes, if there is liquidity you can sell your option to someone else as a profit. This is what the majority of option trading volume is used for: speculative trading with leverage."}
{"_id": "40714", "title": "", "text": "\"The one thing that I saw in here that raised a big red flag is that you said you \"\"overpaid\"\" on your interest.  ALWAYS make sure you tell them that any extra money should be applied to principal only, not to interest.  You accrue interest based on your outstanding principal amount, so getting that lower reduces the overall amount of interest you end up paying.  Paying the interest ahead saves you nothing.  However, make sure you pay the current interest owed that month. They can capitalize past due interest - in affect, change that to be considered an addition to the loan principal amount and you end up paying interest on the interest.\""}
{"_id": "40719", "title": "", "text": "What you are describing is perfectly legal, and is well under the threshold to attract the attention of the IRS ($10K+).  The money is not income, because it is repayment for goods provided or a loan made to your friends.  I do this myself oftentimes to take advantage of the rewards on my credit cards.  With cash to cover expenses coming in immediately from friends/family, there is virtually no risk. If you are concerned and want to protect against questions in the future about the source of the money, you ought to start keeping records of dates, times, locations, amounts, and the names of people involved when the charges are made.  Then track the dates when the cash is deposited into your bank account.  That way you can demonstrate the cash flow (Charge -> Repayment -> Deposit) to anyone who needs to know."}
{"_id": "40721", "title": "", "text": "\"The overall standard of living in the USSR actually *increased* when compared to the previous Czarist regime.   Going from a pseudo feudal society to a full blown communist experiment, however, seems to be a rather unsustainable approach to social evolution.   In any case, all \"\"isms\"\" tried at large scale -feudalism, capitalism, socialism, communism- have been proven to be systemically flawed: they all revolve around arbitrary pyramidal power structures, ignore physical reality, and utilize an abstract metric as their basis, i.e. capital/money.\""}
{"_id": "40723", "title": "", "text": "&gt; People who don't understand leverage shouldn't be writing articles about them  Agreed. I wasn't condoning the article, just offering my thoughts.  &gt; why should there be a cap at 3x for ETFs when you can get way more leverage with other instruments  3x seems arbitrary. 5x seems arbitrary. I'd love to see a study that analyzed what, if any, would be an optimal 'ceiling' for these.  &gt; 3 seems to be a valid point to some degree  3 was getting at speculators using them in excess. A potential solution to limit misuse would be to impose higher costs on levered instruments and capping at 3x or 5x or whatever can be viewed as an (extreme) cost."}
{"_id": "40728", "title": "", "text": "\"&gt; **give me a specific \"\"instability\"\" or \"\"expense\"\" that Global Warming may cause. Just try...**  &gt; **I asked you before, and I notice you did not reply: Is Trump a Nazi or alt-Right sympathizer? What ACTIONS by Trump you do not like?**\""}
{"_id": "40729", "title": "", "text": "Goddamit, Benzinga and their clickbait headlines. OK, Rant over.  The bit about having zero hobbies unrelated to work (1) sounds like classic Wall Street, nothing new there and (2) seems like a great way for most of us non-superheroes to burn out. I read fiction, play with my kids, work out, etc. More sustainable for a great many of us I would think."}
{"_id": "40735", "title": "", "text": "&gt; you should never hire someone to work for you unless you would work for them  Sounds great in theory, but that one thing assumes a lot of organizational and cultural debt has already been overcome in your organization, which isn't always the case. Too often a less than ideal rewards system turns the success of peers into an economic or political threat, or even if such problems were solved, the culture that remains turns it into an ego-related threat.  Avoiding it almost requires you having to be in love with them, but even among spouses, it doesn't always work that way..."}
{"_id": "40743", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cnbc.com/2017/06/07/jamie-dimon-america-has-to-get-its-act-together.html) reduced by 66%. (I'm a bot) ***** &gt; Some 70 percent of young men are ineligible for military service &amp;quot;Because of either education - they can&amp;#039;t read or write - or health, mostly obesity and diabetes. That&amp;#039;s an unbelievable number,&amp;quot; Dimon said.  &gt; The number comes from a Pentagon study a few years back that said the military won&amp;#039;t take 71 percent of males aged 17 to 24 for the reasons Dimon cited, as well as taking prescription drugs for ADHD, or having inappro.  &gt; Government records show that the rate among men ages 25 to 54 has fallen from 96 percent in 1970 to 88.4 percent in May. In addition, Dimon blasted the regulatory climate in the U.S., saying small-business formation has been limited and prospective homebuyers can&amp;#039;t get access to mortgages.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6g3jsp/3_really_bad_facts_are_hurting_the_us_economy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~139604 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **Dimon**^#2 **us**^#3 **growth**^#4 **Roundtable**^#5\""}
{"_id": "40747", "title": "", "text": "Have the bartenders weigh the liquor bottles before and after each shift. Compare it to the sales. Have each bartender count the beer, water and red bull bottles/cans. Keep track of the draught beer also. This the cheapest way to see how much is being taken, if at all."}
{"_id": "40760", "title": "", "text": "I don\u2019t believe financial transactions should be given the same rights as speech.  You don\u2019t hand them the keys to the castle just because they want more freedom and aren\u2019t afraid to rip people off.  Let\u2019s try something less extreme, and easier to adjust, maybe?  Like any calibration, if you can\u2019t adjust it, the tool no longer serves its purpose."}
{"_id": "40761", "title": "", "text": "The stock market was already reaching highs way before trump took office. Fortune 500s and Dow were already reporting record profits every quarter before trump. The dozens of new retail/food/medial/plaza buildings to open this year in my city were already being built and going to open. The expansion on our already brand new hospital was already happening. The new school and medical university has nothing to do with trump. No i don't think the new 10,000 home development site approval has anything to do with trump. Trump literally has done nothing so far but win the election. These things were happening already. Employers are already desperate for employees I don't think anyone is hiring more because trump is in office when they were hiring already."}
{"_id": "40768", "title": "", "text": "\"Debt is nominal, which means when inflation happens, the value of the money owed goes down.  This is great for the borrower and bad for the lender. \"\"Investing\"\" can mean a lot of different things.  Frequently it is used to describe buying common stock, which is an ownership claim on a company.  A company is not a nominally fixed asset, by which I mean if there was a bunch of inflation and nothing else happened (i.e., the inflation was not the cause or result of some other economic change) then the nominal value of the company will go up along with the prices of other things. Based on the above, I'd say you are incorrect to treat debt and investment returns the same way with respect to inflation.  When we say equity returns 9%, we mean it returns a real 7% plus 2% inflation or whatever.  If the rate of inflation increased to 10% and nothing else happened in the economy, the same equity would be expected to return 17%.  In fact, the company's (nominally fixed) debts would be worth less, increasing the real value of the company at the expense of their debt-holders. On the other hand, if we entered a period of high inflation, your debt liability would go way down and you would have benefited greatly from borrowing and investing at the same time.   If you are expecting inflation in the abstract sense, then borrowing and investing in common stock is a great idea. Inflation is frequently the result (or cause) of a period of economic trouble, so please be aware that the above makes sense if we treat inflation as the only thing that changed.  If inflation came about because OPEC makes oil crazy expensive, millennials just stop working, all of our factories got bombed to hades, or trade wars have shut down international commerce, then the value of stocks would most definitely be affected.  In that case it's not really \"\"inflation\"\" that affected the stock returns, though.\""}
{"_id": "40770", "title": "", "text": "Anyone jump out of finance too fast? Been in acct/fin for 7 years and only in current role in 1.5yrs I'm being offered an ops role with a 60% bump but was told could get a promo in finance within a year.   Probably wouldn't be that much but am having trouble deciding."}
{"_id": "40777", "title": "", "text": "Princess &amp; Tiaras Spa Celebrations spa party bus is the ultimate spa festivity on wheels.Let us roll out our pink carpet and help you make your little princess\u2019s special celebration one that she will always remember. Whether you are having a birthday party, school fundraisers, pajama party, or play dates, have the best party ever with our swanky and stylish spa party bus"}
{"_id": "40780", "title": "", "text": "\"It's not like Google did it out of the goodness of their hearts, though. Google did it so many people would consolidate their services with Google, casually forcing their users to use Google's very profitable search engine, which was and is arguably the best search engine on the internet anyway. This same idea is also what's making Google lose the social networking war to Facebook. They are trying to force fit a service that people do not want, as they did before with other Google products.  It was really a win-win for everybody at that time. But that same thought process might make Google go through some \"\"tough\"\" times in the next couple of years. But they are a cash rich company who can bring in literally the best talent in the world. I'm sure they'll make management changes and adapt accordingly.\""}
{"_id": "40782", "title": "", "text": "\"paywalls are defunct.  The abject lesson of the last presidential election is that the real money will be found in providing \"\"Newz\"\"(tm) that people already believe and want to hear, true or not.  You can call it \"\"fake news\"\" if you'd like, but I tend to think of it as \"\"personalized news\"\".\""}
{"_id": "40793", "title": "", "text": "Why do you care? In any case, you can easily Google the answer... Effective Sunday, April 2, 2017 for trade date Monday, April 3, 2017, and pending all relevant CFTC   regulatory review periods, Chicago Mercantile Exchange Inc. (\u201cCME\u201d or \u201cExchange\u201d) will list Monday   Weekly Options on the E-mini Standard and Poor\u2019s Stock Price Index Futures and Standard and Poor\u2019s   500 Stock Price Index Futures contracts (collectively the \u201cContracts\u201d) for trading on CME Globex and for   submission for clearing via CME ClearPort as described in Appendix A below. Appendix B below provides   the Exchange fee schedule for the Contracts. source"}
{"_id": "40796", "title": "", "text": "Question: I live in half of a duplex together with other college students. I put my rent (roughly $750 in cash) in the landlord's mailbox while he was out of town for three weeks. I told him ahead that I would do this, but he claims I never did, and he would have asked me not to. Anyway, now he claims the money was not there when he returned and I still owe $750.  Answer: Well, that's tough. It could be that the money was stolen from the mailbox. It could be that the landlord pocketed the money and is trying to scam you. Your problem is that you have no receipt, and no evidence at all that you paid the money. There's little you can do other than paying up (again) and learning from this expensive lesson."}
{"_id": "40806", "title": "", "text": "Airbnb can investigate those cases. I've never experienced that before. I likely less than 1% of cases. In fact, I'd be surprised if it's even legitimately taking place. It would be so difficult, and costly, to do such a thing. It may have happened once, it twice, but I doubt it's common."}
{"_id": "40821", "title": "", "text": "\"I'm afraid you have missed a few of the outcomes commonly faced by millions of Americans, so I would like to take a moment to discuss a wider range of outcomes that are common in the United States today. Most importantly, some of these happen before retirement is ever reached, and have grave consequences - yet are often very closely linked to financial health and savings. Not planning ahead long-term - 10-20+ years - is generally associated with not planning ahead even for the next few months, so I'll start there. The most common thing that happens is the loss of a job, or illness/injury that put someone out of work. 6 in 10 adults in the US have less than $500 in savings, so desperation can set in very quickly, as the very next paycheck will be short or missing. Many of these Americans have no other source of saved money, either, so it's not like they can draw on retirement savings, as they don't have that either. Even if they are able to get another job or recover enough to get back to work in a few weeks, this can set off a desperate cycle. Those who have lost their jobs to technical obsolescence, major economic downturns, or large economic changes are often more severely affected. People once making excellent, middle-class (or above) wages with full benefits find they cannot find work that pays even vaguely similarly. In the past this was especially common in heavy labor jobs like manufacturing, meat-packing, and so on, but more recently this has happened in financial sectors and real estate/construction during the 2008 economic events. The more resilient people had padding, switched careers, and found other options - the less resilient, didn't. Especially during the 1970s and 1980s, many people affected by large losses of earning potential became sufficiently desperate that they fell heavily (or lost their functioning status) into substance abuse, including alcohol and drugs (cocaine and heroine being especially popular in this segment of the population). Life disruption - made even more major by a lack of savings - is a key trigger to many people who are already at risk of issues like substance addiction, mental health, or any ongoing legal issues. Another common issue is something more simple, like loss of transportation that threatens their ability to hold their job, and a lack of alternatives available through support networks, savings, family, and public transit. If their credit is bad, or their income is new, they may find even disreputable companies turn them away, or even worse - the most disreputable companies welcome them in with high interest and hair-trigger repossession policies. The most common cycle of desperation I have seen usually starts with banking over-drafts, and its associated fees. People who are afraid and desperate start to make increasingly desperate, short-sighted choices, as tunnel-vision sets in and they are unable to consider longer-term strategy as they focus on holding on to what they have and survival. Many industries have found this set of people quite profitable, including high-interest \"\"check cashing\"\", payday loans, and title loans (aka legal loan sharks), and it is not rare that desperate people are encouraged to get on increasing cycles of loan amounts and fees that worsen their financial situation in exchange for short-term relief. As fees, penalties, and interest add up, they lose more and more of their already strained income to stay afloat. Banks that are otherwise reputable and fair may soon blacklist them and turn them away, and suddenly only the least reputable and most predatory places offer to help at all - usually with a big smile at first, and almost always with awful strings attached. Drugs and alcohol are often readily available nearby and their use can easily turn from recreational to addictive given the allure of the escapism it offers, especially for those made vulnerable by increasing stress, desperation, loss of hope, isolation, and fear. Those who have not been within the system of poverty and desperation often do not see just how many people actively work to encourage bad decision making, with big budgets, charm, charisma, and talent. The voices of reason, trying to act as beacons to call people to take care of themselves and their future, are all too easily drowned out in the roar of a smooth and enticing operation.  I personally think this is one of the greatest contributions of the movement to build personal financial health and awareness, as so many great people find ever more effective ways of pointing out the myriad ways people try to bleed your money out of you with no real concern for your welfare. Looking out for your own well-being and not being taking in by the wide array of cons and bad deals is all too often fighting against a strong societal current - as I'm sure most of our regular contributors are all too aware! With increasing desperation often comes illegal maneuvers, often quite petty in nature. Those with substance abuse issues often start reselling drugs to others to try to cover lost income or \"\"get ahead\"\", with often debilitating results on long-term earning potential if they get caught (which can include cost barriers to higher education, even if they do turn their life around).  I think most people are surprised by how little and petty things can quickly cycle out of control. This can include things like not paying minor parking or traffic tickets, which can snowball from the $10-70 range into thousands of dollars (due to non-payment often escalating and adding additional penalties, triggering traffic stops for no other reason, etc.), arrest, and more. The elderly are not exempt from this system, and many of America's elderly spend their latter years in prison. While not all are tied to financial desperation as I've outlined above, a deeper look at poverty, crime, and the elderly will be deeply disturbing. Some of these people enter the system while young, but some only later in life. Rather than homelessness being something that only happens after people hit retirement, it often comes considerably earlier than that. If this occurs, the outcome is generally quite a bit more extreme than living off social security - some just die. The average life expectancy of adults who are living on the street is only about 64 years of age - only 2 years into early retirement age, and before full retirement age (which could of course be increased in the next 10-20 years, even if life expectancy and health of those without savings don't improve). Most have extremely restricted access to healthcare (often being emergency only), and have no comforts of home to rest and recuperate when they become ill or injured. There are many people dedicated to helping, yet the help is far less than the problem generally, and being able to take advantage of most of the help (scheduling where to go for food, who to talk to about other services, etc) heavily depends on the person not already suffering from conditions that limit their ability to care for themselves (mental conditions, mobility impairments, etc). There is also a shockingly higher risk of physical assault, injury, and death, depending on where the person goes - but it is far higher in almost every case, regardless. One of the chief problems in considering only retirement savings, is it assumes that you'll only have need for the savings and good financial health once you reach approximately the age of 62 (if it is not raised before you get there, which it has been multiple times to-date). As noted above, if homelessness occurs and becomes longstanding before that, the result is generally shortened lifespan and premature death. The other major issue of health is that preventative care - from simple dentistry to basic self-care, adequate sleep and rest, a safe place to rejuvenate - is often sacrificed in the scrambling to survive and limited budget. Those who develop chronic conditions which need regular care are more severely affected. Diabetic and injury-related limb loss, as one example, are far more likely for those without regular support resources - homeless, destitute, or otherwise. Other posters have done a great job in pointing out a number of the lesser-known governmental programs, so I won't list them again. I only note the important proviso that this may be quite a bit less in total than you think. Social Security on average pays retired workers $1300 a month. It was designed to avoid an all-too-common occurrence of simple starvation, rampant homelessness, and abject poverty among a large number of elderly. No guarantee is made that you won't have to leave your home, move away from your friends and family if you live in an expensive part of the country, etc. Some people get a bit more, some people get quite a bit less. And the loss of family and friend networks - especially to such at-risk groups - can be incredibly damaging. Note also that those financially desperate will be generally pushed to take retirement at the minimum age, even though benefits would be larger and more livable if they delayed their retirement. This is an additional cost of not having other sources of savings, which is not considered by many. Well, yes, many cannot retire whether they want to or not.  I cannot find statistics on this specifically, but many are indeed just unable to financially retire without considerable loss. Social Security and other government plans help avoid the most desperate scenarios, but so many aspects of aging is not covered by insurance or affordable on the limited income that aging can be a cruel and lonely process for those with no other financial means. Those with no savings are not likely to be able to afford to regularly visit children and grandchildren, give gifts on holidays, go on cruises, enjoy the best assistive care, or afford new technological devices to assist their aging (especially those too new and experimental to be covered by the insurance plans they have).  What's worse - but most people do not plan for either - is that diminished mental and physical capacity can render many people unable to navigate the system successfully. As we've seen here, many questions are from adult children trying to help their elderly parents in retirement, and include aging parents who do not understand their own access to social security, medicaid/medicare, assistive resources, or community help organizations.  What happens to those aging without children or younger friend networks to step in and help? Well, we don't really have a replacement for that. I am not aware of any research that quantifies just how many in the US don't take advantage of the resources they are fully qualified to make use of and enjoy, due to a lack of education, social issues (feeling embarrassed and afraid), or inability to organize and communicate effectively. A resource being available is not very much help for those who don't have enough supportive resources to make use of it - which is very hard to effectively plan for, yet is exceedingly common. Without one's own independent resources, the natural aging and end of life process can be especially harsh. Elderly who are economically and food insecure experience far heightened incidence of depression, asthma, heart attack, and heart failure, and a host of other maladies. They are at greater risk for elder-abuse, accidental death, life-quality threatening conditions developing or worsening, and more. Scare-tactics aren't always persuasive, and they do little to improve the lives of many because the people who need to know it most generally just don't believe it. But my hope here is that the rather highly educated and sophisticated audience here will see a little more of the harsher world that their own good decisions, good fortune, culture, and position in society shields them from experiencing. There is a downside to good outcomes, which is that it can cause us to be blind to just how extremely different is the experience of others. Not all experience such terrible outcomes - but many hundreds of thousands in the US alone - do, and sometimes worse. It is not helpful to be unrealistic about this: life is not inherently kind. However, none of this suggests that being co-dependent or giving up your own financial well-being is necessary or advised to help others. Share your budgeting strategies, your plans for the future, your gentle concerns, and give of your time and resources as generously as you can - within your own set budgets and ensuring your own financial well-being. And most of all - do not so easily give up on your family and friends, and count them as life-long hopeless ne'er-do-wells. Let's all strive to be good, kind, honest, and offer non-judgmental support and advice to the best of our ability to the people we care about. It is ultimately their choice - restricted by their own experiences and abilities - but need not be fate. People regularly disappoint, but sometimes they surprise and delight. Take care of yourself, and give others the best chance you can, too.\""}
{"_id": "40830", "title": "", "text": "Next time you are with your son, have him request a credit freeze. The choice is his, of course."}
{"_id": "40831", "title": "", "text": "Only if you sell the stock in question, and use the proceeds to buy other stock. (You should probably never feel bad about selling your company stock, even if it goes up a lot later, because from a risk-exposure basis you are already exposed to your company's performance through your career. Unless you have a lot of other savings, you should diversify.)"}
{"_id": "40852", "title": "", "text": "If this is the issue then it may be happening because you have not connected to your Netgear extender. Please make sure this to access mywifiext.net and for troubleshooting tips to solve this issue, get in touch with us through the live support window provided."}
{"_id": "40854", "title": "", "text": "There are very few banks which offer two-factor authentication.  Part of the reason is cost.  Providing a token to every account-holder is expensive, not just in the device or system, but in providing support and assistance to the millions of people who won't have the faintest idea how it works and complain that they no longer have access to their accounts. That said, it is sometimes available on request for personal accounts and many banks require it for their business clients. My HSBC Business account comes with two-factor as default and it works extremely well. There is also the pseudo-two-factor security offered by Visa and MasterCard (3-D secure) which performs a similar function."}
{"_id": "40856", "title": "", "text": "SeekingAlpha has a section dedicated to Short ETFs as well as others. In there you will find SH, and SDS.  Both of which are inverse to the S&P 500.  Edit: I linked to charts that compare SH and SDS to SPY."}
{"_id": "40858", "title": "", "text": "&gt; Go to a Burger King and you'll never get soggy fries.  In four attempts at my local Burger King, I've paid, but never gotten my food at all.  I realize this doesn't speak for the company on a nationwide scale, but my local franchisee is a dick."}
{"_id": "40865", "title": "", "text": "\"For most people \"\"home ownership\"\" is a long term lifestyle strategy (i.e. the intention is to own a home for several decades, regardless of how many times one particular house might be \"\"swapped\"\" for a different one.  In an economic environment with steady monetary inflation, taking out a long-term loan backed by a tangible non-depreciating \"\"permanent\"\" asset (e.g. real estate) is in practice a form of investing not borrowing, because over time the monetary value of the asset will increase in line with inflation, but the size of the loan remains constant in money terms.  That strategy was always at risk in the short term because of temporary falls in house prices, but long-term inflation running at say 5% per year would cancel out even a 20% fall in house prices in 4 years. Downturns in the economy were often correlated with rises in the inflation rate, which fixed the short-term problem even faster. Car and student loans are an essentially different financial proposition, because you know from the start that the asset will not retain its value (unless you are \"\"investing in a vintage car\"\" rather than \"\"buying a means of personal transportation\"\", a new car will lose most of its monetary value within say 5 years) or there is no tangible asset at all (e.g. taking out a student loan, paying for a vacation trip by credit card, etc).  The \"\"scariness\"\" over home loans was the widespread realization that the rules of the game had been changed permanently, by the combination of an economic downturn plus national (or even international) financial policies designed to enforce low inflation rates - with the consequence that \"\"being underwater\"\" had been changed from a short term problem to a long-term one.\""}
{"_id": "40867", "title": "", "text": "God forbid those services reflect the poor compensation that the public servants receive or there'll be hell to pay. Some people just have this weird idea that things can just keep working as you continue to just strip away the resources needed to function in the first place."}
{"_id": "40869", "title": "", "text": "\"I haven't had cable in forever... but I still like to watch comedies on NBC.com (Community!) which of course has commercials.     They're a nuisance, but I guess it's the \"\"price\"\" I pay to have hilarious new content streamed to me for free on the internet every week.   Honestly, I wish they would give me the option of \"\"watching\"\" one big 5 minute long commercial up-front and then stream the rest of the show commercial-free... but unfortunately they don't.\""}
{"_id": "40870", "title": "", "text": "\"OK, reading between the lines here it looks like the services offered by your company are of an \"\"adult\"\" (possibly illegal?) nature and that this individual has actually paid you in full for the services rendered up to this point. The wrinkle here is that you say that you've been offered large cash \"\"gifts\"\" in return for unspecified future favours, but that your client hasn't provided a real Paypal account to do so. When you pressed him on it, he sent a fake email and invented a \"\"financial adviser\"\" to fob you off, then hasn't contacted you  since. It's pretty clear that he hasn't got any intention of making these payments to you. What you're now proposing to do is to use his known banking details to collect money to cover those verbal promises. In pretty much every part of the world, that's a crime. Without a written agreement to use that payment method for those promises, he could easily call the police and have you arrested for theft of funds. The further wrinkle is that his actions (claiming to have made payment via paypal, forged email headers, etc) strongly suggest that this individual is involved in cyber-crime and may well have used a fake bank account to pay for your initial services.  The bottom line here is that you need real legal advice, from an actual lawyer.\""}
{"_id": "40874", "title": "", "text": "Annual sales dived five straight years, and the company closed 450 stores. Then they tried to merge with Office Depot. That didn't work. So by going private with Sycamore Partners Staples they have an opportunity to revamp their businesses away Wall Street pressure. Staples is being sold at a fraction of the price."}
{"_id": "40877", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://civicskunk.works/new-study-finds-seattles-15-minimum-wage-achieved-its-goal-fc9a0056bdfa?gi=8b9fdb9ecf0) reduced by 77%. (I'm a bot) ***** &gt; Today, researchers Michael Reich, Sylvia Allegretto, and Anna Godoey from University of California Berkeley have released a new Seattle-area minimum wage study with an even larger scope than the UW team.  &gt; The Berkeley study put Seattle&amp;#039;s real numbers up against &amp;quot;Data from other areas in Washington State and the rest of the U.S. to construct a synthetic control group that matches Seattle for a nearly six-year period before the minimum wage policy was implemented.&amp;quot; In this way, they can compare what might have happened in an economy like Seattle&amp;#039;s had the wage not increased.  &gt; The minimum wage didn&amp;#039;t lower employment\u200a-\u200anot even at Subways and McDonald&amp;#039;s, which we were warned were especially vulnerable to a minimum wage increase.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kjqoh/new_study_finds_seattles_15_minimum_wage_achieved/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~156485 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **Seattle**^#2 **minimum**^#3 **increase**^#4 **restaurant**^#5\""}
{"_id": "40881", "title": "", "text": "&gt; There's no entry path into these jobs. A lot of companies only seem to want to hire people who somehow earn these skills through osmosis and don't want to hire people on straight out of school.   At least in my case, I have several positions open and would most assuredly hire someone straight out of trade school. I have already set aside the budget to have them trained on our software platforms anyway. It would be great to actually find someone with 3-5yrs experience, however these types are hard to come by, even in this job market. 4 year degrees are a dime a dozen, finding people who have learned a concrete skill such as CAD/CAM, machining, welding, etc are not.   I can't just hire someone who has no training whatsoever either, nor can a hire someone who has a 4 year engineering degree, given that they are likely to up and leave when the opportunity arises, and after we have spent thousands of dollars and the time to have them trained.  Baby boomers have dominated these blue collar manufacturing jobs for decades. They are now retiring in droves leaving prime opportunities open for those willing to take advantage of them."}
{"_id": "40888", "title": "", "text": "If you are not banking with a credit union, open an account.  Speak with a person there an explain you are wanting to build your credit history.  They will likely have a product designed for the purpose. Also, to agree with duffbeer703, why is your score so low at this point? Make sure your three credit reports do not have anything incorrect on them and challenge wrong items. If everything is fine on the report, you just to have more credit and use it for a longer period of time. I presume you are building credit for a large purchase such as a house.  Please be very careful with borrowing money and do your best to avoid carrying balances."}
{"_id": "40897", "title": "", "text": "The breakdown between how much of your payment is going toward principal and interest is very important.   The principal balance remaining on your loan is the payoff amount.  Once the principal is paid off, your loan is finished.  Each month, some of your payment goes to pay off the principal, and some goes to pay interest (profit for the bank). Using your example image, let's say that you've just taken out a $300k mortgage at 5% interest for 30 years.  You can click here to see the amortization schedule on that loan.  The monthly payment is $1610.46. On your first payment, only $360 went to pay off your principal.  The rest ($1250) went to interest.  That money is lost.  If you were to pay off your $300k mortgage after making one payment, it would cost you $299,640, even though you had just made a payment of $1250.  Interest accrues on the principal balance, so as time goes on and more of the principal has been paid, the interest payment is less, meaning that more of your monthly payment can go toward the principal.   15 years into your 30-year mortgage, your monthly payment is paying $762 of your principal, and only $849 is going toward interest.  Your principal balance at that time would be about $203k.  Even though you are halfway done with your mortgage in terms of time, you've only paid off about a third of your house. Toward the end of your mortgage, when your principal balance is very low, almost all of your payment goes toward principal.  In the last year, only $513 of your payments goes toward interest for the whole year. You can think of your monthly loan payment as a minimum payment.  If you continue to make the regular monthly payments, your mortgage will be paid off in 30 years.  However, if you pay more than that, your mortgage will be paid off much sooner.  The extra that you pay above your regular monthly payment all goes toward principal. Even if you have no plans to pay your mortgage ahead of schedule, there are other situations where the principal balance matters.  The principal balance of your mortgage affects the amount of equity that you have in your home, which is important if you sell the house.  If you decide to refinance your mortgage, the principal balance is the amount that will need to be paid off by the new loan to close the old loan."}
{"_id": "40918", "title": "", "text": "No worries. It seems your ego is robust enough to entertain you are wrong. If maintaining such ideological positions are important to you I'm sure you will do the minimum research to put them to the test and re-evaluate them if evidence shows then to be untennible."}
{"_id": "40926", "title": "", "text": "I'm a database guy who got his education in economics. Economists use non-cooperative behavior to model short term, individual benefit chasing behavior by actors.  People are selfish. *shrug* You can make life a lot shittier for everyone if you opperate on the assumption that they can be made better. Hundreds of millions of people have already been killed in that pursuit.  Capitalism works because it monetizes and rewards contribution. The greater the value your contribution has, the more reward you get, generally speaking."}
{"_id": "40941", "title": "", "text": "Get the best administration of the database, the Dubai professional resource is the primary free web professional listing for Dubai with a Dubai area outline organizations can list their business elements for  UAE business directory professional listing. We have a more database service such as mobile database, business database, email marketing Dubai and we provide new technology service with UAE real estate database. Database For Business connects its users to Dubai real estate information, analysis data, news and opportunities."}
{"_id": "40948", "title": "", "text": "Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. (CRWE) announced that it has launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos."}
{"_id": "40966", "title": "", "text": "It took me a while to understand the concept, so I'll break it down as best as I can.  There are three parts to the accounting equation: Assets = Liabilities + Owner's Equity We'll look at this in two ways   1. As a business owner you invest (say) 10,000 USD into your bank. The entry would be: Debit: Assets: Cash for 10,000    Credit: Owner's Equity: Contributions for 10,000 In this case, you have assets of 10,000 from your deposit, but it is due to owner contributions and not business transactions. Another example (say a sale):  Debit: Assets: Cash for 10,000    Credit: Owner's Equity: Sales for 10,000 Debit: Assets: Cash for 10,000    Credit: Liabilities: Deposits for 10,000 Deposits are a banking term to reflect a bank's obligation to return the amount on demand (though the bank has free reign with it, see fractional banking)  You will NEVER debit or credit your bank as it is assumed you will be storing your money there, note bank reconciliation. Hope this helps, comment with any more questions."}
{"_id": "40967", "title": "", "text": "Draft up a promissory notes.  Have a lawyer do it use one of those online contract places if you have simple needs.  Your promissory note need to cover Be specific.  There are probably a lot more items that can be included, and if a quick internet search is any indication it gets deep fast. http://lmbtfy.com/?q=car+sale+promissory+note (Like @LittleAdv says) Head to your DMV with the title and the promissory note.  The title is signed over to you and held by the DMV.  When you pay up, the seller informs the DMV and they send you the title.  If you don't pay up, the seller can legally repossess the car.  All butts are covered. Pay the note as agreed.  When you are all paid up, your friend notifies the DMV who then mail you the title. Your butt is covered because your name is on the car, you can insure it and nobody can take it from you (legally) if you are paying the note as agreed.   Your pal's butt is covered because if you stop paying half way through, he can keep whatever you have paid him and get his car back."}
{"_id": "40980", "title": "", "text": "Yes, there is such possibility. Also, there's a possibility people made your computer, your operation system, your browser, etc. put there some code there that would intercept your communications and steal your money. So could bank clerks (and unlike all other examples, this really happened in real world, numerous times, though usually at smaller banks), ATM makers, etc.  In the modern world, you rely on things made by thousands of people, this is a part of modern world's conveniences. You don't have to use it - you can store all your money in a big jar in your basement and nobody but occasional thief breaking in could take it.  However, fraudulent unauthorized transactions in most banks can be rolled back, and any transaction is reported to you. So fraud from mint.com people would be quite low on my list of risks. Much bigger risk is that somebody could break into mint.com servers and steal information about your accounts from there or install some malicious code. I believe they have good protections, but no security system is perfect. You need to evaluate how the convenience of using mint.com compares to your personal feeling about this risk. If you feel you couldn't sleep at night knowing somewhere out there there is information about your money - don't use it. I don't worry about it too much as I know the chance of it happening is low and the chance of getting the money back if it happens is high, but if you feel differently - don't do it."}
{"_id": "40982", "title": "", "text": ""}
{"_id": "40993", "title": "", "text": "Wow, crappy article.  To answer the question: extremely cheap areas in proximity to urban wealth are the best places to speculate in terms of large-scale real-estate developments.   A golf-course developer ideally wants a huge amount of cheap land in close proximity to some combination of wealthy retirees, business-executives, or vacationers. Traditionally that means farmland or undeveloped land on the fringes of urban areas. But there's not a lot of that left in America.   Blighted and depressed suburbs or neighborhoods with lots of abandoned housing are the new under-utilized farmland.   This is how gentrification happens. Some factory-town goes under, gets poor, goes to the dogs, and eventually the big old mill-building becomes cheap enough for a movie-studio, nightclub-impresario, shopping-mall developer, art-gallery, or whatever to take an interest. A lot of them fail, but the ones that succeed drive up the surrounding property-values a little bit. Shuttered storefronts get rented to restaurants and retailers catering to the moneyed visitors. Richer people move into the nearby homes and drive up property values.   Savvy real-estate developers work on a multi-year time horizon. They are not paying cash, they are borrowing, and they are counting on the totality of circumstances to repay the debt not just with greens-fees but with real-estate appreciation.   You or I could not simply buy one house in a poor neighborhood and hope to reinvigorate it, no matter how nicely we kept our lawn. But someone bringing in $500mm in financing is *counting* on transforming the area, not on getting poor people to pay the greens fees. They're not selling golf to poor people, they're selling cheap land to golfers.   It might fail spectacularly, but if it works, the plan will bring jobs, capital, development, and appeal to a blighted, jobless, decaying neighborhood."}
{"_id": "41007", "title": "", "text": "Also, you can definitely stay at the same institution. It is perhaps looked down upon by some who say you need to get out there and explore the academic world a little more, but I wouldn't worry too much about them if you're happy.  That said, I had the choice of staying at the same institution or going elsewhere and I did choose to go to a new school. Nine years in one place is a long time."}
{"_id": "41012", "title": "", "text": "There is no difference in safety form the perspective of the bank failing, due to FDIC/NCUA insurance.  However, there is a practical issue that should be considered, if you allow payments to be automatically withdrawn from your checking account  In the case of an error, all of you money may be unavailable until the error is resolved, which could be days or weeks.  By having two accounts, this possibility may be reduced.  It isn't a difference between checking and savings, but a benefit of having two accounts. Note that if both accounts are at the same bank, hey make take money from other accounts to cover the shortfall. That said, I've done this for years and have never had a problem.  Also, I have two accounts, one at a local credit union with just enough kept in it to cover any payments, and another online account that has the rest of my savings.  I can easily transfer funds between the two accounts in a couple days."}
{"_id": "41020", "title": "", "text": "You don't understand how global warming works and where most emissions sources come from (hint: transportation is a huge one). Never mind local air quality.   Neither of these things mean we must live devoid of petroleum products. Just that we don't need to burn it and live with the exhaust it creates and the consequences that arise from it.   But yes, wind and solar are already becoming the cheapest forms of electricity available. The price point for renewables no longer requires heavy subsidies and is now becoming cost competitive."}
{"_id": "41023", "title": "", "text": "\"So this has been bugging me for a while, because I am facing a similar dilemma and I don't think anyone gave a clear answer. I bought a 2012 kia soul in 2012. 36 months financing at 300/mo. Will be done with my car loan in 2015. I plan on keeping it, while saving the same amount of money 300/mo until I buy my next car. But, I also have an option of trading it in for the the next car. Question: should I trade it in in 2015. should I keep it for 2 years more? 3 years more, before I buy the next car? What makes most financial sense and savings. I tried to dig up some data on edmunds - the trade-in value and \"\"true cost to own\"\" calculator. The make and model of my car started in 2010, so I do not have historical data, as well as \"\"cost to own\"\" calculator only spans 5 years. So - this is what I came up with:  Where numbers in blue are totally made up/because I don't have the data for it. Granted, the trade-in values for the \"\"future\"\" years are guesstimated - based on Kia Soul's trade-in values from previous years (2010, 2011, 2012) But, this is handy, and as it gets closer to 2015 and beyond, I can re-plug in the data where it is available and have a better understanding of the trade-in vs keep it longer decision. Hope this helps. If the analysis is totally off the rocker, please let me know - i'll adjust it/delete it. Thank you\""}
{"_id": "41033", "title": "", "text": "Supplier of\u00a0Quartz\u00a0Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php#supplier-quartz-grit-in-india Supplier of Quartz Grit in India, Manufacturer of Quartz Grit in India - Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. Usage of Quartz Grit in tiles, Ferro alloys, Ferro silicon, Ferro chrome, oil drilling, artificial granites, and electrical industries. Other applications of quartz grit are in steel industries, sugar refining, dairy farms, paper industries, chemical industries and water treatment plants."}
{"_id": "41052", "title": "", "text": "I agree with Joe that you seem to have your stuff together. However I can't disagree more otherwise.  You are getting a loan at such a cheap rate that it would be almost impossible to not substantially beat that rate over the next 15-20 years.  You paying off your home early might give you warm fuzzy feeling but would make me queezy.  This is a MONEY website.  Make money. For our purposes let's say your home is worth 500k, you can get a fixed rate loan at 3% over 30 years, and you can earn 7% on your investments per year.  Note that I have earned 12% on mine the past 15 years so I am being pretty conservative. So let's not get into your other stuff because that is fine.  Let's focus just on that 500k - your house. Interest only Loan for the whole thing-  The flip side is you pay off your house.  Your house could be worth 400K in 30 years.  Probably not but neighborhood could decline, house not kept up, or whatever.  Your house is not a risk-free investment.  And it fluctuate in many areas more than the stock market.  But let's just say your area stays OK or normal.  In 30 years you can expect your house to be worth somewhere between 700k to 1.5 million.  Let's just say you did GREAT with your house.  Guess what?  At 1.5 million selling price you still lost 1.5 million because of your decision plus sunk your money into a less liquid option.   Let the bank take the risk on your house price.  The warm fuzzy feeling will be there when you realize you could rebuy your house two times over in 6-7 years. Note: I know my example doesn't use your exact numbers.  I am just showing what your true cost is of making a decision in the most extreme way.  I am guessing you have great credit and might be able to find an all interest loan at 3%.  So not doing this is costing you 1.5 million over 30 years.  Given a lower home price after 30 years or a higher rate of return this easily be much more.  IF you earned 12% over the 30 year period you would be costing yourself 16 million - do the math.  Now you are talking about doing something in-between.  Which means you will basically have the same risk factors with less return."}
{"_id": "41065", "title": "", "text": "I would use that money to buy a car instead of taking out a loan to buy the car.   It does however prompt the question:  What do you want more a house or a car?"}
{"_id": "41076", "title": "", "text": "&gt; That is likely to require some extra work  Surely there are jobs that can get done on-time in 40 hours/week.  It's one thing when you *sometimes*, in an *exceptional* situation, need more than that, but if a job *consistently* requires overtime, doesn't that just indicate incredibly bad planning on the employer's part?  &gt; At the same time there is no reason to believe that significant professional challenges will necessarily fit neatly into standardized work time arrangements.  Then what about the people whose jobs can get done in *less* than 40 hours/week?"}
{"_id": "41094", "title": "", "text": "100% scam. This is classic of mixing real (Exxon) with fiction. This gives credibility to story. Don't give any thing, there is no damage yet. If you take the bait, there are multiple ways to get money from you."}
{"_id": "41112", "title": "", "text": "So why is the capital income a problem, I don't get it? It also seems to be confusing the issue with the separate concern of wealth inequality. I say this because the capital income is not money earned from doing nothing - to generate the income one must invest in assets, and if a decent return is desired then even riskier investments must be considered. This creates new products and services, businesses, jobs etc. Also it does beg the question can everyone earn a capital income, or is there always a need for labour income? What happens as employment becomes more difficult to obtain due to automation? It was a neat explanation but it's left me with more questions than answers."}
{"_id": "41115", "title": "", "text": "You can generally withdraw cash from an ATM with a major credit card. There are exceptions of course, but generally yes. It's a terrible deal unless you are in the most dire of straits. Avoid it. Credit card companies make money on purchases at a store from the store. If you pay late, they make money from you.  For an ATM, they make money by charging you a fee and then charging interest on day one with no grace period. This is a very high interest rate short term loan. You will also be charged a fee by the ATM itself - and you will pay interest on that fee!"}
{"_id": "41119", "title": "", "text": "I can believe it. This reminds me of another article I read from NYTimes (?) that described the new business environment. People are beginning businesses for their own purpose rather than to serve consumers. While these MBAs might have altruistic motives, it's still the underlying desire for respect."}
{"_id": "41130", "title": "", "text": "\"First, do you get charged a commission or other fee for reinvesting?   Second, why would capital gains and dividends be grouped together? If the broker charges you for that run away. As Joe explained, it is done as a courtesy. Doesn't this mean if I sell the stock, the profit will be used to buy   that stock right back? No, this is only the capital gains distributions of funds. Lastly, there are two additional checkbox options I was hoping   somebody could explain: \"\"All equity positions currently held in this   account\"\" and \"\"Future equity purchases, transfers, and deposits to this   account\"\". \"\"All equity positions\"\" means your selection will be valid for all the positions you already have. \"\"Future positions\"\" means it will only affect future positions, not the ones you already have. For example: FOLLOW-UP: Looking around, some people suggest not doing this for   taxable accounts because it complicates cost basis reporting. Is this   a valid concern? Doesn't the brokerage handle that and send you the   information when you sell the stock? Yes, because you end up with tons of positions and you need to track the cost basis for each. Brokers are required to report cost-basis on 1099-B now, so its less of a problem, but before 2011 you'd have 10's of positions each year (if you have a monthly dividend, for example) each with different cost basis, and you'd usually sell them all at once. Go figure the gain. So the new 1099-B reporting regulations help a little on this, but it only kicks in for everything starting of 2013 IIRC. Fortunately, for some investments (mutual funds, mainly) you may chose averaging, but it has drawbacks as well.\""}
{"_id": "41138", "title": "", "text": "I used MoneyCorp - they typically charge you approximately 2% on top of the official exchange rate. You would probably need to declare that in your home country - I do not know Pakistan rules so can't help there."}
{"_id": "41156", "title": "", "text": "One of the most effective promotional items that work is school bags.  Which children will use at school. What makes them effective merchandises is that they help build a better impression of your brand. The father can use the bag to work and the mother can use it also to put baby stuff in while they both go shopping. Surely, anyone can use it and as long as you got yourself a quality supplier."}
{"_id": "41158", "title": "", "text": "I expect to be back here in July.    I did give my [first impressions](http://www.reddit.com/r/economy/comments/ufj37/payroll_additions_in_us_misses_expectation/c4uxylq) of this job report above.  I'm just raising the possibility (and hoping like hell) that we're just seeing  completely screwed up seasonal adjustment due to the freakish early spring in much of the country."}
{"_id": "41160", "title": "", "text": "If we assume constant volatility, gamma increases as the stock gets closer to the strike price. Thus, delta is increasing at a faster rate as the stock reaches closer to ITM because gamma is the derivative of delta. As the stock gets deeper ITM, the gamma will slow down as delta reaches 1 or -1 (depends if a call or a put). Thus, the value of the option will change depending upon the level of the delta. I am ignoring volatility and time for this description.  See this diagram from Investopedia: Gamma"}
{"_id": "41165", "title": "", "text": "\"For most situations the \"\"no need\"\" answers are 100% correct. The corner case to think about depends on your health and your family history.  Not to be morose, but if folks in your family who died young from heart issues, clusters of cancer or other terminal illnesses, you may want to consider getting medically qualified for a modest amount of insurance when you are young. Then, when you have children, you usually have the option of incrementally upgrading your coverage over time.\""}
{"_id": "41176", "title": "", "text": "\"What does ETFs have to do with this or Amazon?   Actually, investing in ETFs means you are killing actively managed Mutual Funds (managed by people, fund managers) to get an average return (and loss) of the market that a computer manage instead of a person. And the ETF will surely have Amazon stocks because they are part of the index.  I only invest in actively managed mutual funds. Yes, most actively managed mutual funds can't do better than the index, but if you work a bit harder, you can find the many that do much better than the \"\"average\"\" that an index give you.\""}
{"_id": "41178", "title": "", "text": "The only purpose the ILS market fills is directly lining up capital to pay for potential cats. Unless you're doing directly that you don't really have a way to participate, long or short.  The cat bond market really isn't liquid or developed enough for derivatives to exist at this point.   Due to the losses this year the cat bond market could shrink significantly too because all the existing catastrophe models have seemed to be inadequate to model these occurrences and investors are losing their shirts. There are questions of the extent to which the alternative capital in the reinsurance market will reload in the wake of 2017."}
{"_id": "41180", "title": "", "text": "Skimmed this, but it is pretty true.  Try to get into sales.  Since you will basically need to be selling anyway, you might as well get paid as such.  Sales teams make a lot more than the analysts in 90% of the cases.  As long as you don't get fired a middle of the road to below average salesperson will make a lot more than all but the top analysts (who are probably on their way to being promoted to managment to no longer be analysts).  Again maybe not all firms are like this, but from what I have seen it seems to be a trend..."}
{"_id": "41191", "title": "", "text": "I have friends in Denver, once upon a time they could afford the suburbs nearby but prices have to growing too fast for even their tech incomes to afford it. There are cheap, less decent areas but gentrification will sky rocket the costs even without Amazon.    In reality, wherever Amazon chooses to settle their HQ2, prices will rise. By how much depends on how little is in the area already."}
{"_id": "41214", "title": "", "text": "The short float ratio and percent change are all calculated based on the short interest (the total number of shares shorted).  The short interest data for Nasdaq and NYSE stocks is published every two weeks. NasdaqTrader.com shows the exact dates for when short interest is published for Nasdaq stocks, and also says the following: FINRA member firms are required to report their short positions as of settlement on (1) the 15th of each month, or the preceding business day if the 15th is not a business day, and (2) as of settlement on the last business day of the month.* The reports must be filed by the second business day after the reporting settlement date. FINRA compiles the short interest data and provides it for publication on the 8th business day after the reporting settlement date. The NYSE also shows the exact dates for when short interest is published for NYSE stocks, and those dates are exactly the same as for Nasdaq stocks. Since the short interest is only updated once every 2 weeks, there is no way to see real-time updating of the short float and percent change.  That information only gets updated once every 2 weeks - after each publication of the short interest."}
{"_id": "41219", "title": "", "text": "Well, this covers about 6 trillion.  Monetary base wasn't defined in the table and I was too lazy to drill down.  I'm guessing it is M2.  Annnnnnd if you think about it a lot of the red and blue section went into shoring up bank balance sheets.  Why?  I can't prove it yet but i suspect twas to support the derivatives market and keep it from collapsing."}
{"_id": "41234", "title": "", "text": "&gt; you could try to persuade the public that paying more for energy is in their interest, but good luck with that.  That's exactly what I'm hoping for.  &gt;tax the hell out of it and hope no one notices  Not only am I hoping that people will notice, I'm hoping they'll heavily support it. The reason being that not doing it will harm the future of the human race.  &gt;I'd suggest eliminating democracy would be an... ahem... undesirable side effect.   Not what I was suggesting"}
{"_id": "41239", "title": "", "text": "I'll tell you what DOES work though, is grocery pickups.  My wife loves to grocery shop online and then just swing by to have the bags loaded up and pay for them.  Maybe Amazon will integrate online shopping for grocery pickup somehow."}
{"_id": "41262", "title": "", "text": "\"It depends what you mean. Finance Independence and Retirement Early (FI/RE) are two overlapping ideas. If you plan to retire early and spend the same amount of money every year (adjusted for inflation), then you need to save twenty-times your yearly spending to satisfy the 4% Safe Withdrawal rule of thumb. Carefully notice I say \"\"yearly spending\"\" and not income.  I'm unaware how it is in Pakistan, but in America, people who retire in their sixties tend to reduce their spending by 30%. This is for a host of reasons like not eating out as much, not driving to work, paid off mortgages, and their children being adults now. In this type of profile, a person needs to save 17.5x yearly spending. This numbers presume a person will only use their built assets as an income source. Any programs like a government pension acting as a safety net. If you factor those in, the estimates above become smaller.\""}
{"_id": "41265", "title": "", "text": "Salut, c'est Vincent. Tu recherches un syst\u00e8me qui fonctionne et permet des r\u00e9sultats incroyables, \u00e0 terme, bien s\u00fbr, parce que c'est tr\u00e8s s\u00e9rieux et honn\u00eate ! 100% transparent, 100% s\u00fbr, 100% honn\u00eate, comme toi, comme moi. Alors contacte-moi \u00e0 vincentmusschoot@gmail.com et je t'en dis plus. Tu vas \u00eatre scotch\u00e9 et cela va te retourner compl\u00e8tement le cerveau, crois-moi ! Tous les avantages du crowdfunding, des achats group\u00e9s et du marketing de r\u00e9seau, sans aucun (aucun, pas un, nada, qu\u00e9quette) de leurs inconv\u00e9nients ! Totalement nouveau. A d\u00e9couvrir absolument."}
{"_id": "41271", "title": "", "text": "From mid 2007 to early 2009 the DJI went down about 50 %. This market setback won't happen on a single day or even a few weeks.  Emergency funds should be in cash only. Markets could be closed for an unknown period of time.  Markets where closed September 11 until September 17 in 2001."}
{"_id": "41285", "title": "", "text": "\"Ya, I thought of that.  That approach is usually what I take when I know the author and I have the same background and general level of understanding, and we're simply arguing around the edges.  In this case, the author is just all wrong.  All over the place.  I don't want to re-write history or submit some 20-paragraph tome on reddit \"\"correcting\"\" him.  It simply isn't worth my time.    Maybe, one day in your own professional life, you'll reach the point of expertise and won't waste a lot of your time addressing every tom, dick and harry pundit out there.  PS Attacking the credibility of a source is not an ad hominem attack.\""}
{"_id": "41293", "title": "", "text": "HELOCs typically have a 10 year draw and 5 year payback. During the draw time you can pay interest only if you wish. The rate can range from Prime minus 1.5 to Prime plus (quite a bit).  Of course, you can always shop around for a better deal than you currently have so long as you have equity in your home."}
{"_id": "41312", "title": "", "text": "You must mean the current debt ceiling debacle. The meaning of it is: US government is constantly borrowing money (by issuing treasury bonds) and constantly repaying some of the bonds that come to maturity, and also has other obligations it has to meet by law all the time - such as Social Security checks, bonds interest, federal employees' salaries and pensions, etc. By law, total amount of money that can be borrowed at the same time is capped. That means, there can be situation where the government needs to borrow money to pay, say, interest on existing bonds, but can not, since the limit is reached. Such situation is called a default, since the government promised to pay the interest, but is unable to do so. That does not mean the government has no money at all and will completely collapse or couldn't raise money on the market if it were permitted by law to do so (currently, the market is completely willing to buy the debt issued by US government, and with interest that is not very high, though of course that may change). It also does not mean the economy ceases to function, dollars cease to have value or banks instantly go bankrupt. But if the government breaks its promises to investors, it has various consequences such as raising the costs of borrowing in the future. Breaking promises to other people - like Social Security recipients - would also look bad and probably hurt many of them. Going back to your bank account, most probably nothing would happen to the money you store there. Even if the bank had invested 100% of the money in US treasury bonds (which doesn't really happen) they still can be sold on the open market, even if with some discount in the event of credit rating downgrade, so most probably your account would not be affected. As stated in another answer, even if the fallout of all these calamities causes a bank to fail, there's FDIC and if your money is under insured maximums you'll be getting your money back. But if your bank is one of the big ones, nothing of the sort would happen anyway - as we have seen in the past years, government would do practically anything to not allow any big bank failures."}
{"_id": "41322", "title": "", "text": "\"A real estate business could offset income from occupied property with costs from vacant property held for speculation.  For speculation, you can let a building rot, then get it reassessed.  If the jurisdiction assesses part or all of the tax bill on the value of improvements, this can drop the annual tax bill significantly while you hold.  If you plan to hold for a decade or more, this can be very important.  Strategically, this also ruins the neighborhood property values, so you can assemble neighboring parcels to support future major developments.   This is a long speculation game.  Exemplars of the strategy include Richard Basciano who bought up several buildings in NYC's Times Square and installed adult theater tenants in the 70s, for payoff today; and the late Sam Rappaport who pursued a strategy of squeezing rent and simply ignoring building inspection violations in Philadelphia, assembling major urban core parcels on the cheap, and whose children are now selling into strong markets.   Legality: Adult businesses are kind of a grey market covered by specific local ordinances, neither exactly illegal or perfectly legal.  Ignoring building violations is not legal, but the penalties are fines, not jail.  It's certainly not a \"\"nice\"\" strategy.   Richard Basciano: http://www.nydailynews.com/new-york/porn-king-richard-basciano-survived-rudy-giuliani-plans-risk-article-1.319185 Sam Rappaport: http://www.bizjournals.com/philadelphia/stories/2002/08/05/focus13.html?page=all\""}
{"_id": "41330", "title": "", "text": "The maximum you can contribute to both the 403(b) and 401(k) is $18,000. Take the amount you already contributed and subtract it from $18,000. That's how much you have left to contribute before maxing out."}
{"_id": "41356", "title": "", "text": "Deposit it in a business savings account. The following below show you some options you can choose from. Next you can invest it in the market i.e. shares, bonds etc. If you have a more risky side, can go for peer to peer lending. If you are feeling really lucky and want to invest in the long term, then buy a property as a buy-to-let landlord. There are loads of options, you only need to explore."}
{"_id": "41357", "title": "", "text": "3-5 years is long enough of a timeframe that I'd certainly invest it, assuming you have enough (which $10k is).  Even conservatively you can guess at 4-5% annual growth; if you invest reasonably conservatively (60/40 mix of stocks/bonds, with both in large ETFs or similar) you should have a good chance to gain along those lines and still be reasonably safe in case the market tanks.   Of course, the market could tank at any time and wipe out 20-30% of that or even more, even if you invest conservatively - so you need to think about that risk, and decide if it's worth it or not.  But, particularly if your 3-5 year time frame is reasonably flexible (i.e., if in 2019 the market tanks, you can wait the 2-3 years it may take to come back up) you should be investing. And - as usual, the normal warnings apply.  Past performance is not a guarantee of future performance, we are not your investment advisors, and you may lose 100% of your investment..."}
{"_id": "41359", "title": "", "text": "Andersen\u2019s conviction hastened its demise.  That's not true.  Indicting Arthur Andersen caused its demise and resulted in tens of thousands of people losing their job. Prior to that it was most successful accounting firm in the nation.  Once the firm itself was indicted because of the actions of a few employees, it lost all of its clients because you can't have an indicted firm producing your statements."}
{"_id": "41377", "title": "", "text": "\"have you by chance been to the middle east? (UAE, Qatar or Saudi specifically). or perhaps been exposed to any part of the US industrial revolution (im not sure of your nationality), hell, even the french revolution. a review of any of those, and thats just relatively recent examples, would show why you are wrong.  saying it doesnt work is a broad statement without actually saying what the problem is, nor does it take any steps to underlying the root cause or possible solutions. when you say \"\"it doesnt work\"\". what specifically is not working.\""}
{"_id": "41383", "title": "", "text": "The money is transferred through an electronic funds transfer, which is an umbrella term that encompasses wire transfers, direct debits, etc. The application form for Key Trade Bank (the only place I can find that uses that exact phrasing) lists a SWIFT number. This usually indicates that the transfer of funds is done through an international wire transfer.  In the most basic sense, the process works like this: Key Trade Bank uses the SWIFT number to notify your current bank of the transfer.  Your bank instructs the settlement bank, e.g. the central bank of your country, where your bank is located, to transfer funds to Key Trade.  If Key Trade is in another country from your current country, your central bank will send money to the central bank where Key Trade is located, which will in turn send the money to Key Trade. Otherwise, your central bank deposits the money into the account that Key Trade also has with them, and the transfer is complete."}
{"_id": "41403", "title": "", "text": "You'd think I would remember this, having also bought a house in 2008, but I recall that earnest money was different from the nonrefundable deposit.  Earnest money was typically some small amount - $500 or something - that was put on the table when you made the offer.  After the offer was accepted, but before closing, the 1%-ish amount was put into escrow as part of the negiotiation process.  Maybe this is just a Massachusetts thing, though."}
{"_id": "41417", "title": "", "text": "\"1) Usually, the choice between Traditional vs. Roth is whether you believe that your tax rate will be higher or lower in the future than it is now. Your income is probably in the 25% bracket now. It's hard to say whether that should be considered \"\"high\"\" or \"\"low\"\". Some people advocate Roth only for 15% bracket; but your income would probably go into higher brackets in the future, so Roth may be preferable from this point of view. Roth IRA also has another advantage that the principal of contributions can be taken out at any time without tax or penalty, so it can serve as an emergency fund just as well as money in taxable accounts. Given that you may not have a lot of money saved up right now, this is useful. 2) In a sense, it's nice to have a mix of Traditional and Roth when you withdraw to hedge against uncertainty in future tax rates and have the option of choosing whichever one is advantageous to withdraw when you need to withdraw. That said, you will likely have many years of access to a 401k and high income in your future working years, in which you can contribute to a Traditional 401k (or if no access to 401k, then Traditional IRA), so a mix will almost certainly happen even if you go all Roth IRA now. 3) I think that depends on you, whether you are a hands-on or hands-off kind of investor.\""}
{"_id": "41445", "title": "", "text": "\"And specifically regarding prices of housing, what factors drive prices in that regard? I mean, the houses are roughly the same... but almost 3 times as expensive. Rent, like so many things, is tied to supply and demand. On the demand side, rent is tied to income. People tend to buy as much house as they can afford, given that mortgage interest is deductible and public schools, financed through property tax, performs better in valuable neighborhoods. Raise the minimum wage and economists expect rents to go up accordingly. When employers and pensions offer COLA adjustments, it feeds into a price loop. During the past ten years, there was also some \"\"animal spirits\"\" / irrational behavior present; people feared that if they didn't buy now, home prices would outpace their growth in income. So even though it didn't make sense at the time, they bought because it would make even less sense later (if you assume prices only go up). There's also the whole California has nicer weather angle to explain why people move to SF or LA. On the supply side, it's all about housing stock. In your old town, you could find vacant lots or farmland in less than 5 minute's drive from anywhere. There's far less room for growth in say, the SF Bay area or NYC. There's also building codes that restrict the growth in housing stock. I'm told Boulder, CO is one such place. You would think that high prices would discourage people from moving or working there, but between the university and the defense contractors triangle, they seem to have an iron grip on the market. (Have you ever seen a cartoon where a character gets a huge bill at a restaurant, and their eyes shoot out of their eye sockets and they faint? Yeah... that's how I felt looking at some of the places around here...) Remember, restaurants have to cover the same rent problem you do. And they have higher minimum wages, and taxes, etc. Moreover, food has to be imported from miles away to feed the city, likely even from out of state. In California, there's also food regulations that in effect raise the prices. If people are footing those higher bills, I wouldn't be surprised if they're racking up debt in the process, and dodging the collectors calling about their Lexus, or taking out home equity loans to cover their lifestyle.\""}
{"_id": "41447", "title": "", "text": "I'm pretty sure you can lobby the USDA just like any other part of government. Add a new wing onto their building and you can have whatever food you like designated organic.  Most organic nutballs don't consider the USDA a reliable source."}
{"_id": "41465", "title": "", "text": "I use another solution: debit card with an account kept empty most of the time and another account in the same bank without any card. I keep the money on the second card-less account, and when I want to buy something, I instantly transfer the appropriate amount to the account with the card and pay. That way money is on the account tied to a debit card only for a minute before payment, and normally it is empty - so even if someone would try to fraudulently use my card number - I don't care - the transaction will be rejected. I think its the perfect solution - no fraud possible, and I don't have to worry about possibly having to bother calling my bank and requesting a chargeback, which is stressful and a waste of time and harmful to peace of mind (what if they refuse the chargeback)? I prefer to spend a minute before each transaction to transfer the money between the two accounts, and that time is not a waste, because I use it to reconsider the purchase - which prevents impulse-buying."}
{"_id": "41468", "title": "", "text": "The obvious thing would happen. 10 shares change owner at the price of $100. A partially still open selling order would remain. Market orders without limits means to buy or sell at the best possible or current price. However, this is not very realistic. Usually there is a spread between the bid and the ask price and the reason is that market makers are acting in between. They would immediately exploit this situation, for example, by placing appropriately limited orders. Orders without limits are not advisable for stocks with low trading activity. Would you buy or sell stuff without caring for the price?"}
{"_id": "41469", "title": "", "text": "\"Let me guess, it's a fairly large amount of money, a few thousand at least. This is a scam. This is a variation on the many fake check scams out there. You deposit the check and you think it \"\"cleared\"\" your bank, but it didn't clear. A clever fake check can take a couple weeks to bounce and the bank will demand the money back. Any money you wire back to the fraudster in the meantime will be lost forever.\""}
{"_id": "41472", "title": "", "text": "\"Not really. High frequency traders affect mainly short term investors. If everyone invested long-term and traded infrequently, there would be no high frequency trading. For a long term investor, you by at X, hold for several years, and sell at Y. At worst, high frequency trading may affect \"\"X\"\" and \"\"Y\"\" by a few pennies (and the changes may cancel out). For a long term trader that doesn't amount to a \"\"hill of beans\"\" It is other frequent traders that will feel the loss of those \"\"pennies.\"\"\""}
{"_id": "41484", "title": "", "text": "If your checking account has a card associated with it, then keeping funds in savings reduces the risk that some kind of fraud will wipe you out."}
{"_id": "41500", "title": "", "text": "\"You need to go read a good history book (not Zinn).  The problem prior to the CRA of 1965 is that the GOVERNMENT itself institutionalized bigotry.  This is unacceptable because all citizens are supposed to be equal *before the law and their goverment*.    The CRA overstepped its bounds, however, insofar as it attempted to enforce \"\"equality\"\" by some definition in the PRIVATE sector and this leads to no good endgame.  It puts the revolting government bottom feeders into the position of deciding what is \"\"fair\"\" and who should get what.  This ALWAYS leads to some people's rights being more important than others.  None of us much likes, say, the KKK worldview, but a Klacker's rights should not be less defended just because they are bigots.  Once you start picking and choosing whose rights are more important, you open a door that leads to really harmful things.  In this case, a person with a particular faith traditition may be forced by their own government to support someone who's worldview they object to strenuously.  tl;dr You're still supporting slaverly, the slaves just now just the people whose point of view you do not support.  This is tyranny.\""}
{"_id": "41507", "title": "", "text": "\"&gt; \"\"ads don't work on me, I use research\"\". You think marketers don't know that and influence that?   Yep. What research are you doing, reading reviews? What's the motivation of the reviewer? Did they get paid for it? Are they an affiliate for the company? Did they receive the product free in order to review it?  How did you even end up on that particular reviewer's page? Did you google them? Did you click an ad result? Ever since Google made the differentiation between ad results and organic less noticeable (and put 4 ads on highly competitive keywords, thus dropping the first organic result below the fold) the CTR on ads vs. organic has been quite a bit higher.   There are so many factors, and people that think they're immune to ads strike me as a bit naive.\""}
{"_id": "41509", "title": "", "text": "You need to report the income from any work as income, regardless of if you invest it, spend it, or put it in your mattress (ignoring tax advantaged accounts like 401ks).  You then also need to report any realized gains or losses from non-tax advantaged accounts, as well as any dividends received.  Gains and losses are realized when you actually sell, and is the difference between the price you bought for, and the price you sold for.  Gains are taxed at the capital gains rate, either short-term or long-term depending on how long you owned the stock.   The tax system is complex, and these are just the general rules.  There are lots of complications and special situations, some things are different depending on how much you make, etc.  The IRS has all of the forms and rules online.  You might also consider having a professional do you taxes the first time, just to ensure that they are done correctly.  You can then use that as an example in future years."}
{"_id": "41512", "title": "", "text": "That is an assumption that sales would not go down if prices go up.  If you lose even .5% of sales due to an increase of 17 cents, you're not going to cover your $15 wage.  Fast food is an incredibly competitive space, if you don't think 17 cents is significant, go look at how many places still offer a dollar/99 cent menu."}
{"_id": "41514", "title": "", "text": "\"Most other countries are worse off.    Your perception of what is a resource intensive lifestyle does not take into consideration future innovation or adaptation.    Government debt is large but not insurmountable.  Much of it is owned by the government itself (social security trust fund and the federal reserve) and by domestic banks.   The \"\"crumbling infrastructure\"\" claim is often made but is rarely articulated well so it's hard to respond to.    Entitlements is a bit more complicated an issue due to political gridlock, but I expect that at least minor changes will be made gradually that will help deal with this problem.  If not major reform, small things like pushing back the benefit age a year here and a year there, repealing benefits for the wealthy, reducing the size of cost of living adjustments, reducing the amount that is paid out to higher earning recipients, increasing the amount of yearly income that is subject to FICA...  These are piecemeal changes that both sides could agree to even in the current political climate.  Medicare is the bigger cost, but how to deal with that is difficult to determine considering what's going on with obamacare.  Municipal and state governments will not fail if they go bankrupt.  Most municipalities and states are able to balance a budget.  It can be done but in some place it isn't because politicians don't have enough backbone to say no.  When they go bankrupt and are unable to borrow money, they will have no choice and can blame their cuts on the banks who won't loan them money.  That is, unless the people running the federal government also have no backbone and decide to bail them out, in which case we will have an enormous case of moral hazard on our hands.  The economic dominoes in Europe and China are not damaging the core of their economies.  Unless Europe breaks apart violently and goes to war with itself or China has a civil war, the basic aspects of their economy that make them a valuable part of the global economy will not go away.  Their productive capacities will remain intact and we'll still want to buy stuff from each other.    The beauty of free market capitalism is that it's so adaptable and the fact that things are changing does not mean that everyone will be worse off.  Whether or not the US is above everyone else in the end is mostly irrelevant, but the fundamental aspects of the US economy that make it among the strongest in the world will not change because of these things.  Our workforce will remain highly educated, very productive and very innovative.  We have the best farmland in the world and a lot of it, enormous amounts of natural resources, a relatively flexible and adaptable economy and a tremendous amount of wealth.  There may be troubles related to certain institutions and governing bodies, but remember that those things are not the economy.  The economy is the people, the things they can make, the things they know, and the things that they can do.\""}
{"_id": "41540", "title": "", "text": "Firstly assumption is that  Now if expense is from your savings"}
{"_id": "41546", "title": "", "text": "Okay, you win the argument.  I say this because I am giving up.  The problem is this.  Seriously think about what I'm saying.  I say I have a problem with the way the system is.  You say, no, this is wrong, you shouldn't have a problem with how the system is, because . . . and then you go and describe the parts of the system, and recite the reasons given for why those parts are the way they are.  Okay?  That's not an argument.  That's elaborating on a definition.  Your arguments aren't your own, and that's what proves you don't know what you're talking about.  You need to stop pretending that because you just learned how there's a money multiplier, it must be this way because of some law of economics.  It's not.  Did you know that in the Middle East for example, they do not have this banking system?  I'm not trying to start an argument about the better system, my point is that, dude, you don't even know that, and it undermines this whole mechanistically determined little financial ecosystem you're just assuming is a law of economic nature.  Also, I never brought up any supposed need to go to a gold standard, but nice try.  Further proof you are not really reading what I'm saying, and making assumptions.  Why?  Because you're gullible, and anything that seems establishment or widely accepted, that's what you go along with.  Everyone who is critical of the Federal Reserve system and its existence must be a tinfoil hat wearing anti-Semite who believes 9/11 was done by reptilian aliens.  I get it, believe me.  If the Fed's job is to prevent the economy from collapsing overnight due to fluctuations in the price of money, when why did it not collapse overnight before the Fed existed?  Wait, no.  I'm done.  You win.  This is all in your imagination anyway, so I'll let you have it.  Please go back and read my posts and just once sit back and say, okay, can I see any of this from this guy's perspective?  Also, we did not abandon the gold standard at Bretton Woods.  SERIOUSLY WTF.  Ugh, I can't help you.  Go on and look up stuff you just learned and keep pretending to argue with people by slapping something someone else said that sounds relevant into a paragraph with no real understanding of what you're saying."}
{"_id": "41577", "title": "", "text": "This is a great forum, mostly focused around mutual funds though: http://www.bogleheads.org/"}
{"_id": "41578", "title": "", "text": "Here in New Zealand we have a few Groupon clones, including our biggest one, GrabOne. Almost every day I see a daily deal on this website which is horrendously misleading. This despite NZ having some of the best consumer protection legislation in the world - not much sense in having the strongest policy if you aren't enforcing it."}
{"_id": "41585", "title": "", "text": "NYT has no authority to report on the credit card account.  The introductory offer you accepted likely had a specified duration, like a 1 year commitment from you.  It doesn't matter that you used a virtual card, or a credit card, or check or any other form of payment.  NYT can, if it wants, send your NYT account to collections and/or report your delinquency to a reporting agency.  But this reporting would be your NYT account, not the credit card."}
{"_id": "41592", "title": "", "text": "\"Yes. Filling all the orders of just reservations will bring in over 2 billion in revenue. Spending 1.16 billion to make 2+ billion isn't bad business. It is the \"\"it takes money to make money\"\" rule of life.   EDIT: I re-ran the numbers (assuming every order is the base model) and its more like 2.1 billion.\""}
{"_id": "41595", "title": "", "text": "\"I worked for a large well known corporation as a senior programmer, and was in charge of interviewing programmers. This is in NYC. Out of 50 pre-screened candidates we hired 2. Half of the candidates can't answer the simplest questions like \"\"write a function to reverse a string\"\", which every first year Comp Science student should be able to do.  And our salaries were good, not $60K.  So yes, even in NYC there's not enough talent.\""}
{"_id": "41625", "title": "", "text": "\"Oddly enough, in the USA, there are enough cost and tax savings between buy-and-hold of a static portfolio and buying into a fund that a few brokerages have sprung up around the concept, such as FolioFN, to make it easier for small investors to manage numerous small holdings via fractional shares and no commission window trades. A static buy-and-hold portfolio of stocks can be had for a few dollars per trade.  Buying into a fund involves various annual and one time fees that are quoted as percentages of the investment.  Even 1-2% can be a lot, especially if it is every year.  Typically, a US mutual fund must send out a 1099 tax form to each investor, stating that investors share of the dividends and capital gains for each year. The true impact of this is not obvious until you get a tax bill for gains that you did not enjoy, which can happen when you buy into a fund late in the year that has realized capital gains.  What fund investors sometimes fail to appreciate is that they are taxed both on their own holding period of fund shares and the fund's capital gains distributions determined by the fund's holding period of its investments. For example, if ABC tech fund bought Google stock several years ago for $100/share, and sold it for $500/share in the same year you bought into the ABC fund, then you will receive a \"\"capital gains distribution\"\" on your 1099 that will include some dollar amount, which is considered your share of that long-term profit for tax purposes. The amount is not customized for your holding period, capital gains are distributed pro-rata among all current fund shareholders as of the ex-distribution date. Morningstar tracks this as Potential Capital Gains Exposure and so there is a way to check this possibility before investing. Funds who have unsold losers in their portfolio are also affected by these same rules, have been called \"\"free rides\"\" because those funds, if they find some winners, will have losers that they can sell simultaneously with the winners to remain tax neutral.  See \"\"On the Lookout for Tax Traps and Free Riders\"\", Morningstar, pdf In contrast, buying-and-holding a portfolio does not attract any capital gains taxes until the stocks in the portfolio are sold at a profit.  A fund often is actively managed.  That is, experts will alter the portfolio from time to time or advise the fund to buy or sell particular investments. Note however, that even the experts are required to tell you that \"\"past performance is no guarantee of future results.\"\"\""}
{"_id": "41627", "title": "", "text": "Cryptocurrency investments. Got lucky and turned 1k into 50k in a month. 25k given to me from family members and 25k saved from working. I have a college degree btw. I just can't use it because i have deeprooted anxiety issues keeping me underemployed. Anyway 100k isn't a lot. I can't even buy a house and can barely even get a downpayment where i live and i wouldn't come close to being able to pay my mortgage."}
{"_id": "41631", "title": "", "text": "I don't think things will get better, anytime soon.   Globalization. Automation. None of those are under control of any President anymore. The game is rigged by Big Finance, Big Pharma, Big Agriculture, the military-industrial complex, Big Oil, fucking *Comcast*...our economy is just not healthy.   A grid-lock of regulations and established monopolies. How can any single man impact any of that? The Big Wheels will keep on turning, good jobs will become fewer and fewer, benefits will dwindle. Even the best-intentioned President can't tackle any of that, anymore.   I think there's an extremely *slim* chance we won't become a South-American style country, with 2-5% owning everything and a brutal police force keeping the poor at bay.   You can see glimpses of that possible future today. Ferguson will be an every day occurrence, and it won't be just black people anymore.    Oh well, it was a nice experiment for the 200 or so years while it lasted."}
{"_id": "41642", "title": "", "text": "\"lmao do you really think showing up \"\"on time and sober\"\" is something that you need to learn? Showing up to work fucked up and late is literally degenrate-tier behavior. Most of the people I know who took fast food jobs out of desperation are still working there. Shit, my brother's been working at goodwill for years now.\""}
{"_id": "41673", "title": "", "text": "HFT allows those with access to leverage sub-second propagation delays in pricing, which screws those without access to HFT systems. And since market-based capital gains are a ponzi scheme, this means that HFT essentially creates a money funnel from those without to those with.   I honestly don't see how HFT benefits the market at all - it only benefits those with HFT systems to the detriment of those without. A transaction tax that makes HFT untenable simply removes HFT systems from the equation. The markets stay liquid; stocks stay fungible.   The markets ran just fine for almost a century without HFT."}
{"_id": "41674", "title": "", "text": "Where does shitty work come in? This road obviously goes both ways, respecting your employees does not equate to allowing them to get away with whatever they want. I think you may be confused about the content of my posts"}
{"_id": "41675", "title": "", "text": "The Paragraph talks about dividends given by Mutual Funds. Say a fund has NAV of $ 10, as the value of the underlying security grows, the value of the fund would also grow, lets say it becomes $ 12 in 2 months. Now if the Mutual Fund decides to pay out a dividend of $ 1 to all unit holder, then post the distribution of dividend, the value of the Fund would become to $ 11. Thus if you are say investing on 1-April and know that dividends of $1 would be paid on 5-April [the divided distribution date is published typically weeks in advance], if you are hoping to make $1 in 5 days, that is not going to happen. On 6-April you would get $1, but the value of the fund would now be $11 from the earlier $12. This may not be wise as in some countries you would ending up paying tax on $1. Even in shares, the concept is similar, however the price may get corrected immediately and one may not actually see it going down by $1 due to market dynamics."}
{"_id": "41687", "title": "", "text": "\"Most markets around the world have been downtrending for the last 6 to 10 months. The definition of a downtrend is lower lows and lower highs, and until you get a higher low and confirmation with a higher high the downtrend will continue. If you look at the weekly charts of most indexes you can determine the longer term trend. If you are more concerned with the medium term trend then you could look at the daily charts. So if your objective is to try and buy individual stocks and try to make some medium to short term profits from them I would start by first looking at the daily charts of the index your stock belongs to. Only buy when the intermediate trend of the market is moving up (higher highs and higher lows).  You can do some brief analysis on the stocks your interested in buying, and two things I would add to the short list in your question would be to check if earnings are increasing year after year. The second thing to look at would be to check if the earnings yield is greater than the dividend yield, that way you know that dividends are being paid out from current earnings and not from previous earning or from borrowings. You could then check the daily charts of these individual stocks and make sure they are uptrending also. Buy uptrending stocks in an uptrending market. Before you buy anything write up a trading plan and develop your trading rules. For example if price breaks through the resistance line of a previous high you will buy at the open of the next day. Have your money management and risk management rules in place and stick to your plan. You can also do some backtesting or paper trading to check the validity of your strategy. A good book to read on money and risk management is - \"\"Trade your way to Financial Freedom\"\" by Van Tharp. Your aim should not be to get a winner on every trade but to let your winners run and keep your losses small.\""}
{"_id": "41703", "title": "", "text": "Does your apartment have several bedrooms that are all different in size? If yes, then everyone can pay by square footage. However, if you share the room with your girlfriend, it won\u2019t work. Even if your live in a master bedroom with her, you friend will probably pay more than your girlfriend.  I heard there are websites that let each roommate bid the max they\u2019re willing to pay for each room in the apartment. You can try one of these service. Or you can simply divide the rent between three of you, but utilities will be covered only by you."}
{"_id": "41732", "title": "", "text": "Tesla is going to zero and will be bankrupt in 3-4 years.  This is just one more of their big media pronouncements to suck in investors.  Yes I know I will be downvoted for this.  Think about it:  what kind of company seeks 22 year old cult fans?  The answer:  one that loses money hand over fist with no prospect of that changing."}
{"_id": "41761", "title": "", "text": "every list I see is jam packed with women as candidates.  it's hard to believe that of all the potential proven (know how to make money) executives in America (or maybe worldwide) that 2 out of 3 BEST picks are women"}
{"_id": "41766", "title": "", "text": "It may become difficult to rent a car or a hotel room. It may affect your ability to get a job. Some employers now check credit reports and disqualify candidates with a poor credit report. It may affect your ability to get a security clearance or professional bonding. It may affect your ability to find housing. Many landlords check credit reports. You may be harassed morning, noon, and night by collection agencies. This can be theoretically solved by declaring bankruptcy, but the bankruptcy court may force the sale of some of your assets to make payments towards your debt."}
{"_id": "41779", "title": "", "text": "First of all debt is a technology that allows borrower to bring forward their spending; it's a financial time machine. From borrowers point of view debt is good when it increases overall economic utility.  A young person wants to bring up a family but cannot afford the house. Had they waited for 30 years they would have reached the level of income and savings to buy the house for cash. By the time it might be too late to raise a family, sure they'd enjoy the house for the last 20 years of their life. But they would loose 30 years of utility - they could have enjoyed the house for 50 years! So, for a reasonable fee, they can bring the spending forward.  Another young person might want to enjoy a life of luxury, using the magical debt time machine and bringing forward their future earnings. They might spend 10 years worth of future earnings on entertainment within a year and have a blast. Due to the law of diminishing marginal utility - all that utility is pretty much wasted, but they'll still will need to make sacrifices in the future. The trick is to roughly match the period of debt repayment to the economic life of the purchase. Buying a house means paying over 30 years for an asset that has an economic life of 80 years+, given that the interest fee is reasonable and the house won't loose it's value overnight that's a good debt. Buying a used car with a remaining life of 5 years and financing its with a seven years loan - is not a good idea. Buying a luxurious holiday that lasts a fortnight with 2 years of repayments, i.e. financing non-essential short term need with medium term debt is insane. The other question is could the required utility be achieved through a substitute at a lower cost without having to bring the spending forward or paying the associated fee."}
{"_id": "41780", "title": "", "text": "The CFA is not a gatekeeper to any given job, but can be a requirement after you get a certain job (equity research, asset management).  There are even some that actively think it is a waste of time (investment banking).  Networking and prepping for interviews is what ultimately get you what you are seeking; don't rely on the credential to do so.  Source:  private equity 6 mo., BB IB for 3 years, equity research 6 mo."}
{"_id": "41786", "title": "", "text": "Extremewraps.shop is among the top notch car window tinting service near your area in Washington. Our team of professionals are expert in window tinting of nay vehicle and we also run a school to teach art of tinting. Book appointment today!"}
{"_id": "41793", "title": "", "text": "\"You can deduct what you pay for your own and your family's health insurance regardless of whether it is subsidized by your employer or not, as well  as all other medical and dental expenses for your family, as an itemized deduction on Schedule A of Form 1040, but only to the extent that the  total exceeds 7.5% of your Adjusted Gross Income (AGI) (10% on tax returns for year 2013 onwards). As pointed out in KeithB's comment, you cannot deduct any health insurance premium (or other medical expense) that was paid for out of pre-tax dollars, nor indeed can you deduct any medical expense to the extent that  it was paid for by the insurance company directly to hospital or doctor (or reimbursed to you) for a covered expense; e.g. if the insurance company reimbursed you $72 for a claim for a doctor's visit for which you paid $100 to the doctor, only $28 goes on Schedule A to be added to the amount that you will be comparing to the 7.5% of AGI threshold, and the $72 is not income to you that needs to be reported on Form 1040. Depending on other items on Schedule A, your total itemized deductions might not exceed the standard deduction, in which case you will likely choose to use the standard deduction. In this case, you \"\"lose\"\" the deduction for medical expenses as well as all other expenses deductible on Schedule A. Summary of some of the discussions in the comments   Health care insurance premiums cannot be paid for   from HSA accounts (IRS Pub 969, page 8, column 2, near   the bottom) though there are some exceptions.  Nor   can health care insurance premiums be paid from an   FSA account (IRS Pub 969, page 17, column 1, near the top). If you have a business on the side and file a Schedule C as a self-employed person, you can buy medical insurance for that business's employees (and their families too, if you like) as an employment benefit, and pay for it out of the income of the Schedule C business, (thus saving on taxes). But be aware that if you have employees other than yourself in the side business, they would need to be covered by the same policy too.  You can even decide to pay all medical expenses of your employees and their families too (no 7.5% limitation there!) as an employment benefit but again, you cannot discriminate against other employees (if any) of the Schedule C business in this matter.  Of course, all this money that reduced your Schedule C income does not go on Schedule A at all. If your employer permits your family to be covered under its health insurance plan (for a cost, of course), check whether you are allowed to pay for the insurance with pre-tax dollars.  The private (non-Schedule C) insurance would, of course, be paid for with post-tax dollars.  I would doubt that  you would be able to save enough money on taxes to make up the difference between $1330/month and $600/month, but it might also be that the private insurance policy covers a lot less than your employer's policy does.  As a rule of thumb, group insurance through an employer can be expected to offer better coverage than privately purchased insurance. Whether the added coverage is worth the additional cost is a  different matter.  But while considering this matter, keep in mind that privately purchased insurance is not  always guaranteed to be renewable, and a company might decline to renew a policy if there were a large number of claims. A replacement policy might not cover pre-existing conditions for some time (six months? a year?) or maybe even permanently.  So, do consider these aspects as well.  Of course, an employer can also change health insurance plans or drop them entirely as an employment benefit (or you might quit and go work for a different company), but as long as the employer's health plan is in existence, you (and continuing members of your family) cannot be discriminated against and denied coverage under the employer's plan.\""}
{"_id": "41795", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [IMF:Debt Sustainability Analyses for Low-Income Countries: An Assessment of Projection Performance(PDF)](https://www.reddit.com/r/Economics/comments/79qemw/imfdebt_sustainability_analyses_for_lowincome/) on /r/Economics with 7 karma (created at 2017-10-31 04:16:16 by /u/mberre)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "41801", "title": "", "text": "&gt;Until there is a significant price pressure, it\u2019s always going to be cost prohibitive to build high in earthquake prone zones. Those mitigation measures don\u2019t come cheap at all.  It doesn't matter what the economics are if it's literally illegal.  &gt;As for the skyline, eh, that\u2019s subjective. If the local culture values a \u201csmall town\u201d or even bucolic feel, keeping buildings below tree lines isn\u2019t regressive at all.  Sure... But blaming the problem on immigration when 75% of the city is zoned for &lt;3 story structures is ignorant."}
{"_id": "41807", "title": "", "text": "Basically the balance you see in your account is the amount of money you currently have a right to (based on the fact that you have deposited it with the bank) you can of course take this money out pretty well whenever you like or move it however you like. However your bank account is not physical money, the currency you deposite is warehoused and used as the bank sees fit, your account is simply a statement keeping track of how much money the bank is holding for you.   The banks ability to use deposited funds to make money relies on the fundamental assumption that not everyone is going to withdraw all of there deposited funds at once. All banks will have legislated liquidity requirements (how much money needs to be kept in cash or near cash securities (short term interest bearing paper basically) in order to allow for pretty much any reasonable number of people to withdraw any amount of money.Additionally the bank as you said makes money on its loans, securities trading and investment banking activities, that money belongs to the bank and gives them even more money to play around with.  Obviously there have historically been instances in which bank runs occur (everyone tries to withdraw all there money at once, bank dosent acctually have enough liquid assets to pay) or cases in which a bank experiences solvency issues for other reasons (having to pay out poorly thought out speculative securities transactions RE north american housing crash in 2008) in these cases there are consumer protection agencies that insure financial institutions against insolvency (varies by country) But under most normal circumstances the bank uses some portion of deposited funds to make money and has systems in place to ensure an individual person can access there deposited funds as needed.   TLDR: account statement just shows how much money you have given the bank and can thus claim back from them (in the form of withdraw) bank has legally dictated cash reserve percentage to allow for everyone to withdraw money when they need it under most normal circumstances."}
{"_id": "41809", "title": "", "text": "Warren Buffet and Berkshire Hathaway took a 50% loss in each of the last two bear markets. His stock even lost 10% in 2015 when the S&P lost 8%. He doesn't have a track record to support the claim that his stock performs relatively better in a bear market, so perhaps it's best to take his letter with a grain of salt. Edit: As one commenter points out, Mr. Buffett is comparing the book performance of his fund to the market performance of an index. That is an apples to oranges comparison. It's deceptive at best."}
{"_id": "41820", "title": "", "text": "\"This is an easy question - The US government has demonstrated, repeatedly, that it **will** bail out the \"\"established\"\" auto industry.   Tesla is very very cool, and may well bury the rest of the auto industry eventually, but they're not viewed as \"\"too big to fail\"\".   Thus, Ford's bonds, even if *practically* \"\"junk\"\", are essentially backed by US Treasury; that's a pretty good deal, if you're looking for ultra low risk.\""}
{"_id": "41829", "title": "", "text": "\"I'm all for thrift stores and yard sales. When they're littler they're more into comfort, perhaps insisting on certain colors, but somewhere around 13 they start to become more fashion conscious. If you want name brand clothes for kids, hit yard sales or consignment stores in better neighborhoods. Other places are Ross's or Marshall's. Both carry name brands. It's just you never know what they'll have. Another stategy is to buy fewer clothes. If you do laundry twice a week, you just don't need as much. Aim for mix and match. Also have play clothes for rough and tumble wear and \"\"good\"\" clothes for school and church. All these help keep costs down. My sister and I maintained an informal exchange between the cousins. This helped a good deal. A church in our neighborhood has a yearly clothing giveaway. That kind of thing may be an option for you as well. Or you could request needed items on Yahoo's freecycle. I see alot of clothes being given or requested on that site. I had one son who ripped out knees. Double kneed pants were a great investment. It looked like a rather large patch of fusible interfacing attached to the inside knee area. So it might work if you tried that on exisitng pants. Hope these help.\""}
{"_id": "41838", "title": "", "text": "Sure. Download the hash list:   https://rapidshare.com/files/3253529642/combo_not.zip  Unzip and stick in your favourite text editor. Then go here:   http://hash.online-convert.com/sha1-generator    Stick your pw in that first box. Hit 'Calculate hash'. Take the first plain hex string in the green box and search for it in the hash list in your text editor."}
{"_id": "41852", "title": "", "text": "Stocks go down and go back up, that's their nature... Why would you sell on a low point? Stocks are a long term investment. If the company is still healthy, it's very likely you'll be able to sell them with a profit if you wait long enough."}
{"_id": "41857", "title": "", "text": "Driving schools in Toronto vary widely in cost together with quality. When considering which school to select ask specific questions and do your research. Select a school which you understand has instructors using a proven reputation as well as the student\u2019s best interests at heart."}
{"_id": "41859", "title": "", "text": "\"You have no recourse on the spot to do anything to the vendor other than pay the fee, pay cash, or walk away.  If you're on a mission with longer-term horizon than immediate satisfaction, your options will vary by state.  If you're in a state where the fees are legal and the owner is (potentially) violating an agreement with the card company, you can report the vendor to the card company.  They may or may not really care.  If you're in a state where the fee is actually illegal, you'd need to see what options you have with the local authorities. You should keep in mind that if the vendor is violating an agreement that's between the vendor and the card company only, you have absolutely no rights to enforce that agreement.  You only have legal rights if you're a party to the agreement in question or if the law gives you some special rights specific to given circumstances. (The lawyers call this having \"\"standing.\"\")  Likewise if the vendor is doing something that's not consistent with the agreement between you and the card company, you also have no claim against the vendor (because the vendor is not party to your agreement with the card company), although you might have a claim against the card company.\""}
{"_id": "41875", "title": "", "text": "Even assuming you were reading the balance sheet correctly it means nothing. What banks mostly care about is cash flow.  Do they have enough extra money to make the payments on whatever they borrow? I have never had a credit card company ask me about assets--they don't care.  They care about income with which to pay the credit card bill. Have a solid record of paying your bills and enough income to pay back what you are trying to borrow and you'll have an excellent credit rating no matter what your net worth.  Whether you are one person or a megacorporation makes no difference."}
{"_id": "41884", "title": "", "text": "I actually have a problem with these sort of cases because they imply that the issue in the housing bubble was fraud or deception. It wasn't- the problem was overoptimism. Borrowers and lenders jointly indulging in a fantasy that housing prices could never seriously decline in a correlated manner. The longer we pretend it was only the liars who were culpable, and not everyone, the farther we are from being able to prevent this sort of thing."}
{"_id": "41893", "title": "", "text": "If you are intent on becoming a quant, I concur with most of the opinions in this thread - you will *need* a graduate degree, because it is a relatively small field, and it is densely populated with people who have graduate degrees specializing more closely in the field than Engineering will ever touch upon.  However - don't give up searching for killer work opportunities, like the kind you are currently getting. If you maintain an excellent GPA, in combination with these work placements, you can easily secure a spot in a top degree program - you are placed in an 'EngSci' comparable program, meaning you will possess a top-notch understanding of math, and have demonstrated experience in business.   If you plan to search for work in Canada after graduation, I would highly recommend getting your graduate degree from University of Toronto - while it is often a poorly regarded undergraduate finance school, when employers are looking for soft-skills (Ivey and Queens slaughter Rotman undergrads for job placements), absolutely no one disputes that University of Toronto students have a top-notch grasp of theory, and it is commonly regarded (from what I have heard, at least) as one of the toughest schools.  At U of T, there are two degrees that might fit for your field - the [mmf](http://www.mmf.utoronto.ca/), and [MFE](http://www.economics.utoronto.ca/index.php/index/mfe). It would probably be prudent to call around, or tap people in the industry in NYC or Toronto to let you know which is preferable, or a best fit (I sense the mmf, but my opinion is next to worthless here).   If you are interested in working in NYC, and have the money for a graduate degree in the States without putting yourself under a mountain of debt, get educated there - your program directors will know the Street better than those in Toronto, most likely. black_cows gave excellent advice, though I would add one thing - know that doing this work in Canada and the US are *very* different propositions, especially for the sell side. You probably know this, but look no further than places like WSO, or colleagues at internships, for horror stories related to hours, conditions, perks, pay, etc at American banks these days. (I have friends that have worked 55 hours *straight* in their offices. If you consider that a point of pride.. go crazy! Otherwise.. be wary.)"}
{"_id": "41905", "title": "", "text": "Dollar cost averaging is beneficial if you don't have the money to make large investments but are able to add to your holding over time. If you can buy the same monetary amount at regular intervals over time, your average cost per share will be lower than the stock's average value over that time. This won't necessarily get you the best price, but it will get you, on the whole, a good price and will enable you to increase your holdings over time. If you're doing frequent trading on a highly volatile stock, you don't want to use this method. A better strategy is to buy the dips: Know the range, and place limit orders toward the bottom of the range. Then place limit orders to sell toward the high end of the range. If you do it right, you might be able to build up enough money to buy and sell increasing numbers of shares over time. But like any frequent trader, you'll have to deal with transaction fees; you'll need to be sure the fees don't eat all your profit."}
{"_id": "41912", "title": "", "text": "\"What does it mean in terms of share price? Should the share price increase by 15 cents?  No, but you're on the right track. In theory, the price of a share reflects it's \"\"share\"\" of time discounted future earnings. To put it concretely, imagine a company consistently earning 15 cents a share every year and paying it all out as dividends. If you only paid 25 cents for it, you could earn five cents a share by just holding it for two years. If you imagine that stocks are priced assuming a holding period of 20 years or so, so we'd expect the stock to cost less than 3 dollars.  More accurately, the share price reflects expected future earnings. If everyone is assuming this company is growing earnings every quarter, an announcement will only confirm information people have already been trading based on. So if this 15 cents announcement is a surprise, then we'd expect the stock price to rise as a function of both the \"\"surprise\"\" in earnings, and how long we expect them to stay at this new profitability level before competition claws their earnings away. Concretely, if 5 cents a share of that announcement were \"\"earnings surprise,\"\" you'd expect it to rise somewhere around a dollar.\""}
{"_id": "41914", "title": "", "text": "No, in your situation it is not possible. Mostly, only three types of accounts are available to individuals: So, a complete foreigner can open account in India, only if he is working in India, a type of Savings account, and that account too will be linked to his resident status. If he leaves work, he needs to close this account. Edit: There are business accounts, and current accounts, but those are available only to businesses. Further read at SBI gives a good snapshot"}
{"_id": "41922", "title": "", "text": "This would be no different than asking if you can live in one state and earn a paycheck, then move to another state with a lower tax rate before your tax bill is due so you can save on your taxes for that income. Answer -- No The tax on lottery winnings is based on the state where the lottery was held, because for legal purposes that's where the winnings are considered to have been earned for taxation purposes. Also, changing where you live after earning money does not change your tax liability at all.  You still owe the state where the money was earned the tax that is due. I hope this helps. Good luck!"}
{"_id": "41924", "title": "", "text": "I love that the Spanish named like half of the locations in Argentina to something in some way silver related.  And there was nothing of the sort there. Nothing.  Yet they were *certain* they would find that silver. Always made me wonder...did the indigenous peoples wear a lot of silver traded from Brazil or something?"}
{"_id": "41926", "title": "", "text": "I like your enthusiasm and initiative. However, there are a few things you need to consider that you haven't yet thought about. First, it is important to remember that trading with fake money is not the same as trading with real money.  In the fake world, you have $100k.  With this fake money, you can do reckless things with it, such as put it all on one stock.  If you lose, it costs you nothing, so you don't have an emotional attachment to it.  With real money, it will feel different, and that is something you haven't experienced yet. Second, you mentioned that you are good at making picks.  With all due respect, I suggest that you aren't old enough to make that determination.  You haven't been trading for long enough to determine if you are doing well at it.  :)  That having been said, I don't want to completely discourage you from trying something new. Third, you mentioned long-term investing, but you also said that you need to make your money back quick and mentioned trading daily.  Those things aren't really compatible.  I wouldn't consider what you are doing as long-term investing.  With the type of investing you are doing, picking individual stocks and hoping for the value to go up in a relatively short time-frame, it is similar to gambling.  The risk of losing is very much there, and you shouldn't be investing money this way that you aren't prepared to lose.  If you need the money for something soon, don't put it in the stock market. Never forget this.  What can happen is that you start with small amounts of money, do well, and then, thinking that you are good at this, put in larger amounts of money.  You will eventually lose.  If you put in money that you need for something else, you have a problem. If you are trying this out for education and entertainment purposes, that is great.  But when it starts to get serious, make sure that you are aware of the risks.  Educate yourself and be smart. Here is what I would suggest: If you want to try this short-term day-trading type investing, and you understand that the money can easily be lost, I would balance that with investing in a more traditional way: Set aside an amount each month to put in a low-expense index mutual fund.  Doing this will have several benefits for you:  As for your specific questions about stock trading with small amounts: Yes, you can trade with small amounts; however, every time you trade, you will be paying a commission.  Even with a discount broker, if you are trading frequently, the commissions you will be paying will be very significant at the dollar amounts you are talking about.  The only way I can see around this would be to try the Robinhood app, which allows you to trade without paying sales commission.  I have no experience with that app."}
{"_id": "41938", "title": "", "text": "Not only do you not understand tech, you apparently don't understand science either. You made the original claim. Not me. What I said is that you're wrong. I CAN provide proof of that, since I happen to do this particular flavor of tech stuff for a living and have reference docs sitting all around me as I write this, but first I'm really interested in seeing what on earth you believe to be true that led you to make your original statement.   It's okay though, we both know you can't offer any explanation on that. The objectively verifiable reason is that you're wrong.   &gt; you can plainly see whenever you open the uber app that it has your location. You think that just happens magically?  So do you have anything to back up what you were getting at in this claim or are you still unsure of how conversation works?"}
{"_id": "41939", "title": "", "text": "Yeah, now I feel bad for my snarky response. I could have been more constructive and helpful. It's tough trying to figure all this out, especially if its all new. I appreciate your willingness to edit your post and your attitude. I'd say if you're looking for more personal and detailed responses, there are great Day-in-the-Life articles and interviews/forums that will be more helpful than this Finance reddit. Keep up the good work and good luck."}
{"_id": "41944", "title": "", "text": "&gt; I think if you do a new passport application, or you need to include new photos you can't do the whole thing online and need to do some verification steps (but you can do those at post offices IIRC..).  Your solution to mailing in documents and a check is for me to go to the post office?  I'm trying to save time, not simply figure out how to eliminate checks from my life."}
{"_id": "41960", "title": "", "text": "You're ignoring inflation. Even if we assume the ECB sticks to its 2% inflation  target, and your salary only rises in line with inflation, you will be saving considerably more in forty years' time than you are today. In fact, an interest rate of 2% and an inflation rate of 2% make the sums exceptionally easy. You need to save \u20ac25,000 per year in 2057 euros to be a millionaire by 2057, which is \u20ac11,322 in 2017 euros. Challenging, but achievable. Of course, you'll only be a millionaire in 2057 euros, which will be worth less than half as much as a euro is worth right now."}
{"_id": "41962", "title": "", "text": "what do you mean by abnormal amount of risk on day to day operations? and upfront ill more than likely need quite a bit of capital. as far as partnership I'd be the sole owner for now. unless I find a better option along the way. also thank you for all your help."}
{"_id": "41963", "title": "", "text": "Thank you, finally somebody else who is able to explain this basic premise.   It's odd how many people operate on the assumption that businesses operate on a margin so thin that every $1 of increased cost must be added to the product price. It just bears no resemblance to reality..."}
{"_id": "41967", "title": "", "text": "For listed options in NYSE,CBOE, is it possible for an option holder to exercise an option even if it is not in the money?  Abandonment of in-the-money options or the exercise of out-of-the-money options are referred as contrarian instructions. They are sometimes forbidden, e.g. see CME - Weekly & End-of-Month (EOM) Options on Standard & E-mini S&P 500 Futures  (mirror): In addition to offering European-style alternatives (which by definition can only be exercised on expiration day), both the weekly and EOM options prohibit contrarian instructions (the abandonment of in-the-money options, or the exercise of out-of-the-money options). Thus, at expiration, all in-the-money options are automatically exercised, whereas all options not in-the-money are automatically abandoned."}
{"_id": "41981", "title": "", "text": "I hope you rated him a one star. A one star is grounds for an immediate review. It's how you weed out those who certainly aren't cut out of this gig. I guarantee if that wasn't the only time that Lyft driver did what he did, he's probably gone by now."}
{"_id": "41998", "title": "", "text": "I think the $500mm number was bullshit. A common trick is that a private company will raise $50mm for 10% of the company, and say they're worth $500mm. But then it turns out that the new investors get preferences- like they're guaranteed to be paid back first if the company goes bankrupt, or they're guaranteed to get back the first $100mm of an IPO. Since the company really sold 10% of itself *plus other stuff*, they are worth less than $500mm.   Therefore, I find Ellen Pao's claim that Reddit was worth $250mm in 2015 credible. It is also why I'm suspicious about the $1.7b number today."}
{"_id": "42023", "title": "", "text": "Everyone and their grandmother has been expecting QE to taper since May 2013. If the drop is caused by that, then it shouldn't be too serious.  Also, can people stop comparing stuff to 2009? 2009 was a unique once-in-a-lifetime circumstance, and not indicative of actual market values."}
{"_id": "42032", "title": "", "text": "\"There are at least a couple problems:   Your friend may not manage money well and so may not have enough money in the account.  Check bounces.  They get charged a fee.  You get charged a fee.  You have to chase after the friend to get the fee paid.  The friend was cheap about the regular fees and doesn't want to pay this much higher fee.   Your \"\"friend\"\" may really be a crook.  The check is no good.  Perhaps it's written under a false identity such that you are attempting to cash a stolen/forged check.  You cash it.  They take the money and disappear.  You get charged with participating in the crime, go to jail, and now have a criminal record (worst case).   My quick thought is that if you don't know the person well enough to know the home address, you don't know the person well enough to cash checks.   In general, I would view this the same as a loan.  When loaning to a friend, you should never loan more than you are willing to lose.  Note that an actual loan would be safer.  If you loan $50 to a friend, at worst you're out $50.  If you deposit a fraudulent check, you did something illegal.  You will have to be convincing when you tell your story to the police.  If they don't believe you, they could charge you.  A couple bad breaks and you could go to jail.\""}
{"_id": "42042", "title": "", "text": "If you want to see one split, well, a reverse split anyway, keep an eye on TZA, FAZ, BGZ, and any Direxion fund.  These funds decay continuously forever.  Once they get close to $10-$15 or so, they reverse-split them back to the $30-$50 range and the process starts over.  This happens about once a year. A few years ago I sent Direxion an email asking what happens when they run out of shares to reverse split and the reply was that's its an open fund where shares can be created or redeemed at will.  That still didn't answer the question of what happens when they run out of shares.  If they create new shares, the price will drop below the $10 level where many fund managers aren't allowed to buy."}
{"_id": "42044", "title": "", "text": "Credit cards are meant to be used so generally it doesn't hurt your credit score to use them.  To top it off you even get an interest grace period so you don't have to rush home and pay balances as soon as they're charged.   In general you accrue charges during your statement period, we'll call it September 1 through September 30.  The statement due date is something like 20 days after the close of the statement period, so we'll call it October 20.  As long as you habitually pay your entire statement balance by the due date you will never pay interest.  You charge your laptop on September 3, it shows up on your statement as $1,300, you pay $1,300 on October 18, you pay no interest. However, if you pay $1,000 on October 18 leaving a $300 balance to be carried in to the next statement period (a carried balance) you will pay interest.  Generally interest is calculated based on your average daily balance during the statement period, which is now be the October 1 to October 31 period.  You'll notice that you didn't pay anything until the October 18, that means the entire $1,300 will be included in your average daily balance up to the 18th of the month.  Add to that, anything else you charge on the card now will be included in your average daily balance for interest charge calculation purposes. The moral of the story is, use your card, and pay your entire statement balance before the due date.   Now how much will this impact your credit score?  It's tough to say.  Utilization is not a bad thing until it's a big number.  I've read that 70% utilization and over is really the point at which lenders will raise an eyebrow and under 30% is considered excellent. If you have one card and $1,300 is a significant portion of your available limit, then yes you should probably pay it down quickly.  Spend six or so months using the card and paying it, then call your bank and ask for a credit line increase."}
{"_id": "42079", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-forex-idUSKBN19R02B?il=0) reduced by 77%. (I'm a bot) ***** &gt; NEW YORK The dollar fell on Thursday after a round of weaker-than-expected U.S. employment data, affirming a gradual pace of interest rate hikes by the Federal Reserve as the labor market cools.  &gt; Ahead of Friday&amp;#039;s U.S. non-farm payrolls data, the ADP National Employment Report showed private-sector payrolls increased by 158,000 jobs last month, less than the 230,000 positions created in May and below economists&amp;#039; expectations for a gain of 185,000.  &gt; The employment index fell to 55.8, compared with 57.8 in May, suggesting a cooling labor market.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lodrz/the_dollar_fell_on_thursday_after_a_round_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~160900 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **U.S.**^#1 **Fed**^#2 **employment**^#3 **minutes**^#4 **dollar**^#5\""}
{"_id": "42083", "title": "", "text": "First, a margin account is required to trade options.  If you buy a put, you have the right to deliver 100 shares at a fixed price, 50 can be yours, 50, you'll buy at the market. If you sell a put, you are obligated to buy the shares if put to you. All options are for 100 shares, I am unaware of any partial contract for fewer shares.  Not sure what you mean by leveraging the position, can you spell it out more clearly?"}
{"_id": "42088", "title": "", "text": "$100,000 is a fuckton of income unless you're convinced that you have to live in a $600,000 house, drive a $40,000 SUV, use a $600 smartphone with a $150/month data plan, and drink $4 cups of coffee every day just to get by."}
{"_id": "42097", "title": "", "text": "But these weather risks you mention are very local, and typically not very linear.  A 35 degree day in May is no big deal, but a 30 degree day could ruin your fruit harvest for the year.  And farmers and ski resorts may actually be able to buy real insurance products that would apply to their actual situation, rather than something price indexed to the temperature in Chicago that day."}
{"_id": "42124", "title": "", "text": "\"&gt; However, we are part of a group working with the German Banking Association on getting this law updated to bring it into the line with other jurisdictions around the world\"\"  Eli5 on how this would be done and how can it line with others around the world? I guess each would be hard to \"\"pair up\"\" to others if they have big differences on how they work.\""}
{"_id": "42129", "title": "", "text": "Nearly every state in the US is full-recourse. If one doesn't seek bankruptcy protection, creditors can seek judgement, and collect assets. Foreclosures frequently sell for approximately half the market price. Considering unemployment risk, homes can be risky.  A far better way to accumulate wealth is with equities (stocks).  However, the risk converts from insolvency to liquidation since during times of high unemployment, equities are also cheap, causing any liquidation used to fund current expenses to be potentially ruinous."}
{"_id": "42134", "title": "", "text": "Who would lose their jobs?  Sure some jobs that can only exist at $7 an hour would disappear, but when the lower and middle class hav emore disposable income, consumer spending would go up, creating jobs in other areas.    Basically you would take money from the rich to put it in the hands of people who spend the money, stimulating the economy.  This increases the prosperity of the nation."}
{"_id": "42157", "title": "", "text": "No. Securities brokers/dealers in the United States are licensed to broker debt and equity in corporations. (There are additional, commodities licenses to broker derivatives.) $20 American Eagle coins, or any other type of physical currency or physical precious metals can be traded or brokered by anyone without a specific license (except maybe a sales tax registration). The only situation where a securities license would be required is if a legal entity is holding the coins and you deal/broker an interest in that legal entity. For example, dealing in SPDR Gold Shares or a similar structure holding either physical assets or the right to purchase those assets (like a commodity pool) would require a securities and/or commodities dealing license."}
{"_id": "42170", "title": "", "text": "Background: Graduated Highschool last June and am currently working a construction job making $19.50/hr working 45-50 hr weeks. I'm working the full year to save up money for university. Currently paying off $10000 loan for my car.  Question: So I roughly need $40000 for school and figure I'll still be short of that amount saved even if i work the full year. Do you guys think it's smart for me to take a 2nd gap year and make another $35000-$40000 that would not only finish paying off my school but would also sit in a blue chip stock account making me some income while attending school. Should I take the 2nd gap year or enroll in university next September? Thanks!"}
{"_id": "42181", "title": "", "text": "You are correct. The 65 is actually a longer test. The 66 requires you have the 7 first so you don't have strategy or product analysis questions. I have heard some say the 65 is harder because you are registering with the state as an investment advisor so don't need the 7. Regardless the biggest thing is know Uniform Securities Act inside and out."}
{"_id": "42190", "title": "", "text": "\"I went through the process so I'll add my experience for posterity. On the morning of the day I was ready to pay, I went to my mortgage company's web site and got an instant payoff statement dated for the same day. This had the final payoff amount as well as addresses to send checks and information about wiring. I printed this statement out and took it to my bank the same day and told them that I wanted to wire money. They referred to the printout and sent the money to the mortgage company. The next day, the mortgage company web site indicated that the loan was paid in full. Although sending a check (and the payoff statement indicated that cashier's checks were \"\"preferred\"\"), wiring the money was an easy process and helped me to overcome my concerns about  situations that  might arise if mail had been used (i.e. I did not want to deal with the complexity of day-late/day-early fees/credits, and I did not want to worry about the complexity of potentially losing a cashier's check in the mail).\""}
{"_id": "42199", "title": "", "text": "Moving Companies Los Angeles offer several types of moving solutions. Often the thought of moving from one place to another place becomes a night mare to several people, because it needs careful planning and implementation. Even a small mistake can upset the entire plan of moving without any hassles."}
{"_id": "42201", "title": "", "text": "Nothing for nothing, everyone is given the opportunity to roll their tax refund into an IRA at tax time. Given the EIC such there is little reason most low income families with children couldn't max out for a few years early on in a target retirement fund. But buying stuff is a much more popular option i guess. I do not know why learning math of money is not given more focus in school rather than other trivial things..."}
{"_id": "42207", "title": "", "text": "\"Do social workers need Master's degrees? It may not all be from undergrad.  Alternately, if she had her loans in forbearance while job searching or something, interest would capitalize when she took them out of forbearance. She could also have been on a plan that had lower monthly payments earlier and scales up to higher ones and now she's in a higher part.  That said, did you not come from the generation of \"\"get a degree at all costs, it doesn't matter in what, companies won't hire you without a degree?\"\"  Yeah, it's on the borrowers to repay and they could have chosen not to listen to that, but I think it's also somewhat irresponsible of us to expect 18 year olds (many of whom have never really handled their finances) to make smart choices about loans. Which is why every teacher, parent, guidance counselor, etc. isn't exactly innocent in this whole mess.\""}
{"_id": "42221", "title": "", "text": "I don't understand gamer mentality.  On a related note, they like to make fun of fat midwest housewives playing Farmville or clicking internet ads to win shit, but as young males they do the same shit. Paying to get new levels faster on a free game? You've been duped! Haha."}
{"_id": "42225", "title": "", "text": "Yes and very very few people get accepted to those prop shops. I work at one of the ones you listed and this year we didn't even bother looking at applicants with under 3 years of trading.    And even with bonus, this year many people are not hitting 100k for first years. Before it was true, but not that much anymore."}
{"_id": "42253", "title": "", "text": "GA Progress is your daily source of business news, Feed your brain with our exclusive content of Technology, Business, Innovation and Much More, Just for you! We love to become the best business news site if not the best then most popular business news site will do, and we cannot do it without you guys, the readers of this site. Stay updated and subscribe to our newsletter!"}
{"_id": "42297", "title": "", "text": "I would just rely on the salary from my job in the US. If you don't have a job in the US, you're very unlikely to get a visa to move there and look for work, and so the question of how to take money there (except for a holiday) doesn't arise. (Unless you have dual Portuguese/American citizenship.)"}
{"_id": "42301", "title": "", "text": "You can only contribute up to 5% of your salary? Odd. Usually 401(k) contributions are limited to some dollar amount in the vicinity of $15,000 or so a year. Normal retirement guidelines suggest that putting away 10-15% of your salary is enough that you probably won't need to worry much when you retire. 5% isn't likely to be enough, employer match or no. I'd try to contribute 10-15% of my salary. I think you're reading the rules wrong. I'm almost certain. It's definitely worth checking. If you're not, you should seriously consider supplementing this saving with a Roth IRA or just an after-tax account.  So. If you're with Fidelity and don't know what to do, look for a target date fund with a date near your retirement (e.g. Target Retirement 2040) and put 100% in there until you have a better idea of what going on. All Fidelity funds have pretty miserable expense ratios, even their token S&P500 index fund from another provider, so you might as let them do some leg work and pick your asset allocation for you. Alternatively, look for the Fidelity retirement planner tools on their website to suggest an asset allocation. As a (very rough) rule of thumb, as you're saving for retirement you'll want to have N% of your portfolio in bonds and the rest in stocks, where N is your age in years. Your stocks should probably be split about 70% US and 30% rest-of-world, give or take, and your US stocks should be split about 64% large-cap, 28% mid-cap and 8% small-cap (that's basically how the US stock market is split)."}
{"_id": "42304", "title": "", "text": "they have capital reserves set aside for this. to replenish the reserves they will raise additional capital through debt or equity markets.  the new capital raise will also cover any shortfall on the claims.  cat bonds are used as well but will not cover 100%"}
{"_id": "42305", "title": "", "text": "&gt;Money is accumulated work, not debt.  I think you're slightly missing the point, but I do think the post does deal with that indirectly. Loddars are a store of value (they store current and future value of work). By promising to pay X loddars I've promised to do X amount of work. Similarly, the number of loddars I have is proportional to the amount of work I have done, or am expected to be able to do.  Which is why  &gt;The economy functions on work, not promises. The farmer may promise a million bushels of apples and the hunter may promise a million deer, but that's just fantasy.  Slightly misses the point. The farmer, the hunter, and the cooper can promise the sky and that's fantasy. But that's not really a criticism because it's not a realistic possibility.   The farmer, hunter, and cooper can also promise feasible things, like 10 sacks of potatoes, 5 deer skins, and 12 barrels to be delivered ten days from today. Because these promises are feasible (barring someone doesn't die) and because they've reliably delivered in the past, we can assume that their promises are good. Their promises are valuable because they are reliable producers.  And if a meteorite falls out of the sky to strike the hunter dead, we can actually measure the impact of his death and price it. If we know the hunter produces ~100 deer skins per year, and he dies suddenly, we could actually have planned ahead for such an eventuality. On the basis of their past performance, we can reliably price the value of their future promises. And if they don't perform, we can price that too.  How would we do that? Maybe each producer pays, as a premium, a part of their output into a central pot that they/their heirs/society can draw from if one of them dies, or under-produces. We can value this pot in loddars, and maybe this pot can even underwrite a few loans of loddars to others.   That being said I'm not sure I understand your bit about Krugman and how it relates?"}
{"_id": "42315", "title": "", "text": "Sometimes what happens is that a creditor will hand over accounts to a collection agency for action, and after a period of time, it may be reassigned to yet another collection agency if the first one was not successful.  Theoretically, this should not be cause to reset the date of collections on your bureau file, but that very well could have happened here. Another instance when this happens is when someone contacts a creditor about a collection item on their report, either to pay or dispute it.  Either way, this restarts the 7-year clock on that collection item, so if a debt is old enough, sometimes the best course of action is to let it go.  If a debt has been in collections for 4 years, let's say, and you decide to pay it off now, your score isn't going to improve because you paid the collection enough to offset the effect of having it refreshed on your bureau file.  Besides, creditors know how old the debt is, so waiting 4 years to pay it isn't going to win you any favors in their eyes anyway. To your question though, it seems to me the most likely thing is that somehow the debt was refreshed through some action by the creditor or one of the agencies assigned to collect on it. I hope this helps. Good luck!"}
{"_id": "42329", "title": "", "text": "\"The perceived risk depends on the entire situation, but often it is considered more risk, especially if you want to occupy yourself. Things you need to consider: It can be very difficult to show a property with tenants occupying it. There are many reasons for this and most homes show / sell better empty. I have found many tenants make it difficult on the seller. Leaving their areas a mess, being unaccommodating and especially in markets that are flooded with options, a lot of buyers just won't bother with the difficulty of scheduling a showing in occupied properties. I've tried to purchase many properties where the renter insists on being there during a showing, but won't open the door and there's no recourse for the landlord because his lease or laws in the area don't allow you to enter without permission. Also, it can be difficult to look past a lot of clutter and other people's decorating and aroma \"\"preferences\"\" to be kind. :) Is the property currently under lease and what is the period of that lease? It could be that the lease is month to month, or it could be years remaining on the lease period. It is likely a legal requirement in most areas that you honor the existing lease. I would never buy a property that has multiple years remaining. While some amateur landlords will allow 2 or even 5 year leases, this is a very bad idea for many reasons! What are laws like in your area for evicting tenants? You should know this regardless of whether or not you intend to occupy or keep it a rental. It can be a very difficult process evicting tenants and this process is vastly different from country to country and state to state here in the USA. Look into the security deposit - assuming there is one. How much is the deposit? Will it cover damage that may not exist yet? Don't think that just because you plan on evicting them soon, it isn't important. People can trash a place on the way out and an expensive lawsuit could be your only recourse. It is far easier to take a deposit than sue. I would absolutely demand that the deposit transfer to you upon sale. View the current renters with a fresh eye. Especially if you are considering leave it a rental, look into all of the typical requirements: Their monthly income, their credit history, their criminal record, their payment history, their references. Are they likely to be good or terrible renters? If you're interested in the property, consider an offer which requires the current landlord to evict within the time-frame of the buy/sell agreement. This isn't an uncommon requirement. I think the first thing to do is go look at the property and see if you can determine for yourself why it hasn't sold yet. Properties all have different reasons for not selling in a reasonable time to the local market. Having renters alone in most markets shouldn't be that big of a factor. I would suspect bad smells, nasty renters, or an unfavorable lease agreement exists.\""}
{"_id": "42334", "title": "", "text": "I wrote about the dynamic of why either of a lower or higher exchange rate would be good for economies in Would dropping the value of its currency be good for an economy? A strong currency allows consumers to   import goods cheaply from the rest of   the world.  A weak currency allows   producers to export goods cheaply to   the rest of the world.  People are   both consumers and producers.    Clearly, there have to be trade-offs. Strong or weak mean relative to Purchasing Power Parity (i.e. you can buy more or less of an equivalent good with the same money). Governments worrying about unemployment will try and push their currencies weaker relative to others, no matter the cost.  There will be an inflationary impact (imported inputs cost more as a currency weakens) but a country running a major surplus (like China) can afford to subsidise these costs."}
{"_id": "42335", "title": "", "text": "\"You literally just said \"\"Why control prices when we can change incomes?\"\". If you want to change the incomes of everyone working, you have to add money somewhere. The monetary system is not a zero sum game. You don't have a fixed amount of money. The disparity of wealth has nothing to do with actual money. It has to do with real hard assets, which you have a finite amount of and ARE zero sum. I'm done with this pretend discussion as it appears you can't have one or stay on the same topic between comments.\""}
{"_id": "42340", "title": "", "text": "Yes, overall, it is a big inconvenience to you. This same issue applies for those that for example, receive Social Security benefits (and perhaps other government cash benefits) on a pre-paid card (rather than direct deposit to a bank account). They allow a few ways to get cash from the card:   You can get cash back (no fee) when you make a retail purchase. You could use the card for relatively small items you would purchase anyway, and get $100 or more back in cash each time. Every store/chain will have it's own limits on how much cash back they will allow per transaction. And, be careful, some stores charge a fee for cash back, but it's not at all common. If even these small purchases are an issue, you can then (presumably later) return the item you purchased without returning the cash-back you received (if the store allows returns/refunds). And, since a transaction with cash back is processed as a debit (rather than a credit), usually if you later return the purchased item, you will be refunded in cash (rather than a credit back to your card/account). Also, for other cards, sometimes you can go to a branch of the bank that issued the card and make a no fee withdraw, sometimes in cash and sometimes by check. This depends on the policy of the issuing bank, and the card account. Finally, most of this assumes that you are given a pin (or the opportunity to create one) with the card, because cash-back and ATM access requires a pin. And there are some banks/cards that don't allow any of this."}
{"_id": "42347", "title": "", "text": "Something to consider is that in the case of the company you chose, on the OTC market, that stock is thinly traded and with such low volume, it can be easy for it to fluctuate greatly to have trades occur.  This is why volume can matter for some people when it comes to buying shares. Some OTC stocks may have really low volume and thus may have bigger swings than other stocks that have higher volume."}
{"_id": "42353", "title": "", "text": "In theory there is no limit to the value of a cheque that you can write. However, that doesn't mean the bank will honour it even if you have sufficient funds in your account - if it appears out of the ordinary, they may block it on suspicion of fraud or money laundering."}
{"_id": "42390", "title": "", "text": "The total number of shares on April 1st is 100 + 180 + 275 = 555.  The price on April 1st is required.  The current price is stated as $2, but $2 * 555 = $1110 and the current fund values is stated as $1500.  Opting to take the current value as $1500, the price on April 1st can be calculated as $1500/555 = $2.7027. The amounts invested as number of shares x share price are: (Note these investment amounts do not match the example scenario's investment amounts, presumably because the example numbers are just made up.) The monthly returns can be calculated: The current values for each investor as invested amount x returns are: Checking the total:"}
{"_id": "42427", "title": "", "text": "Sources such as Value Line, or S&P stock reports will show you dividend payout ratios (the American usage. These are the inverse of dividend cover ratios, with dividends being in the numerator, and earnings in the denominator. For instance, if the dividend cover ratio is 2, the dividend payout ratio is 1/2= 50%."}
{"_id": "42430", "title": "", "text": "Imagine a married couple without a mortgage, but live in a house fully paid for. They pay state income taxes, and property tax, and make charitable deductions  that together total $12,599. That is $1 below the standard deduction for 2015, therefore they don't itemize.  Now they decide to get a mortgage: $100,000 for 30 years at 4%. That first year they pay about $4,000 in interest. Now it makes sense to itemize. That $4,000 in interest plus their other deductions means that if they are in the 25% bracket they cut their tax bill by $1,000. These numbers will decrease each year.  If they have a use for that pile of cash: such as a new roof, or a 100% sure investment that is guaranteed make more money for them then they are losing in interest it makes sense. But spending $4,000 to save $1,000 doesn't. Using the pile of cash to pay off the new mortgage means that the bank is collecting $4,000 a year so you can send $1,000 less to Uncle Sam."}
{"_id": "42438", "title": "", "text": "Options are an indication what a particular segment of the market (those who deal a lot in options) think will happen. (and just because people think that, doesn't mean it will)  Bearing in mind however that people writing covered-calls may due so simply as part of a strategy to mitigate downside risk at the expense of limiting upside potential.  The presence of more people offering up options is to a degree an indication they are thinking the price will fall or hold steady, since that is in effect the 'bet' they are making.  OTOH the people buying those options are making the opposite bet.. so who is to say which will be right.  The balance between the two and how it affects the price of the options could be taken as an indication of market sentiment (within the options market) as to the future direction the stock is likely to take. (I just noticed that Blackjack posted the forumula that can be used to model all of this)  To address the last part of your question 'does that mean it will go lower' I would say this.  The degree to which any of this puts actual pressure on the stock of the underlying instrument is highly debatable, since many (likely most) people trading in a stock never look at what the options for that stock are doing, but base their decision on other factors such as price history, momentum, fundamentals and recent news about the company.  To presume that actions in the options market would put pressure on a stock price, you would need to believe that a signficant fraction of the buyers and sellers were paying attention to the options market.  Which might be the case for some Quants, but likely not for a lot of other buyers.   And it could be argued even then that both groups, those trading options, and those trading stocks, are both looking at the same information to make their predictions of the likely future for the stock, and thus even if there is a correlation between what the stock price does in relation to options, there is no real causality that can be established.  We would in fact predict that given access to the same information, both groups would by and large be taking similar parallel actions due to coming to similar conclusions regarding the future price of the stock.  What is far MORE likely to pressure the price would be just the shear number of buyers or sellers, and also (especially since repeal of the uptick rule) someone who is trying to actively drive down the price via a lot of shorting at progressively lower prices.  (something that is alleged to have been carried out by some hedge fund managers in the course of 'bear raids' on particular companies)"}
{"_id": "42440", "title": "", "text": "You can give YQL a try. I'm not sure it can do the query you want, but for example you can do: (try it here) And this best thing about it - it's free."}
{"_id": "42441", "title": "", "text": "Actually, total return is the most important which isn't necessarily just price change as this doesn't account for dividends that may be re-invested.  Thus, the price change isn't necessarily that useful in terms of knowing what you end up with as an ending balance for an investment. Secondly, the price change itself may be deceptively large as if the stock initial price was low, e.g. a few dollars or less adjusting for stock splits as most big companies will split the stock once the price is high enough, then the percentages can be quite large years later. Something else to consider is the percentage change would be based on what as the initial base.  The price at the start of the chart or something else?  Carefully consider what you want the initial starting point to be in determining price shifts here as one could take either end and claim a rationale for using it. Most people want to look at the price to get an idea of what would X shares cost to purchase rather than look at the percentage change from day to day."}
{"_id": "42442", "title": "", "text": "\u1ede \u0111\u00e2y, b\u1ea1n c\u00f3 th\u1ec3 tin c\u1eady v\u00e0 mong \u0111\u1ee3i nhi\u1ec1u h\u01a1n t\u1eeb nh\u00f3m kinh nghi\u1ec7m t\u1ed1t nh\u1ea5t c\u1ee7a ch\u00fang t\u00f4i. Ch\u00fang t\u00f4i cung c\u1ea5p d\u1ecbch v\u1ee5 \u0111\u1ed9c \u0111\u00e1o cho tr\u1ea7n th\u1ea1ch cao v\u1edbi gi\u00e1 ph\u1ea3i ch\u0103ng. Ch\u00fang t\u00f4i cung c\u1ea5p s\u1ef1 h\u00e0i l\u00f2ng \u0111\u1ea7y \u0111\u1ee7 cho kh\u00e1ch h\u00e0ng c\u1ee7a ch\u00fang t\u00f4i. SMY nh\u1eadn ra h\u1ea7u h\u1ebft c\u00e1c d\u1ecbch v\u1ee5 trong ng\u00e0nh cung c\u1ea5p tran thach cao. D\u1ecbch v\u1ee5 c\u1ee7a ch\u00fang t\u00f4i \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 cao b\u1edfi kh\u00e1ch h\u00e0ng c\u1ee7a ch\u00fang t\u00f4i cho c\u00e1c t\u00ednh n\u0103ng kh\u00e1c nhau nh\u01b0 \u0111\u1ed9 tin c\u1eady. Ch\u00fang t\u00f4i lu\u00f4n s\u1eb5n s\u00e0ng gi\u1ea3i quy\u1ebft v\u1ea5n \u0111\u1ec1 v\u00e0 cung c\u1ea5p v\u1eadt li\u1ec7u t\u1ed1t nh\u1ea5t cho th\u1ea1ch cao, b\u1ec1n l\u00e2u."}
{"_id": "42459", "title": "", "text": "I don't buy it.  The evidence offered seems weak.  Stocks are pretty high, but debt in the US has decreased according to the Federal Reserve statistics concerning debt.  It's true there is a little inflation in prices because of low interest rates, but as the Fed starts raising rates, there will be a correction.  Not a recession."}
{"_id": "42463", "title": "", "text": "The idea being that if / when the CAD recovers I could see a gain of ~30%. That is the big if, maybe the USD and CAD will return to their previous exchange rates, maybe the CAD will fall further, you just don't know. You should try to keep a diversified pool of investments, that may include some cash in various currencies but unless you think you will need the money in the next few years it should probablly be mostly in other things. If you do think you will need the money in the next few years it should probablly be in a currency that is stable relative to the things you are likely to need it for."}
{"_id": "42465", "title": "", "text": "The Loan You Want With the Rate You Deserve. Skip the middle man! Our proprietary algorithm searches over 6,000 lending sources worldwide placing you in direct contact with the absolute best lender. Any type of loan, Anywhere in the World. It's fast and Easy. No Dream Deferred, asisloans.com"}
{"_id": "42475", "title": "", "text": "\"The interest rate offered by a bond is called the nominal interest rate.  The so-called real interest rate is the nominal interest rate minus the rate of inflation. If inflation is equal to or greater than the nominal rate at any given time, the REAL interest rate is zero or negative. We're talking about a ten year bond. It's possible for the real interest rate to be negative for one or two years of the bond's life, and positive for eight or nine.  On the other hand, if we have a period of rising inflation, as in the 1970s, the inflation rate will exceed the (original) interest rate in most years, meaning that the real interest rate on the ten year bond will be negative over its whole life. People lost \"\"serious\"\" money on bonds (and loans) in the 1970s. In such situations, the BORROWERS make out. That is, they borrow money at low rates, earn inflation (plus a little more) pay back inflated dollars, and pocket the difference. For them, the money is \"\"free.\"\"\""}
{"_id": "42491", "title": "", "text": "\"If human beings were Homo Economicus, i.e. textbook rational and self-interested economic-minded beings, as opposed to simply human, then yes, simple advice like \"\"just stay out of debt and your credit score will take care of itself\"\" could work.  Your simplification would be very persuasive to such a being. However, people are not perfectly rational.  We buy something we shouldn't have, we charge it on a credit card, we can't afford to pay it off at the end of the month.  We lose our job.  Our furnace breaks down, or our roof leaks, and we didn't anticipate the replacement cost.  Some of this is our fault, some of it isn't \u2013 basically, shit happens .. and we get into debt...  maybe even knowing all the while we shouldn't have. Our credit history and score takes a hit.  Only then do we find out there are consequences! Our interest rates go up, our insurance companies raise premiums, our prospective new employers or landlords run credit checks and either deny us the job or the apartment. Telling a person who asks for help about their credit history/score that they shouldn't have taken on debt in the first place is like telling the farmer he should have kept the barn door shut so the horse wouldn't run out.  While it is not \"\"bad\"\" advice, it's not the only kind of advice to offer when somebody finds themselves in such a situation. Adding advice about corrective actions is more helpful.  The person probably already know that they shouldn't have overspent in the first place and got into debt.  Yes, remind them of the value of being sensible about debt in the first place \u2013 it's good reinforcement \u2013 but add some helpful advice to the mix.  e.g. \"\"So you're in debt.  You shouldn't have lived beyond your means.  But now that you are in this mess, here's what you can do to improve the situation.\"\"\""}
{"_id": "42501", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-30/trump-s-dollar-mess-losses-pile-up-as-political-drama-mounts) reduced by 90%. (I'm a bot) ***** &gt; The dollar soared in November before ending the year at the highest since at least 2005, according to the Bloomberg Dollar Spot Index, which tracks the greenback versus 10 global currencies.  &gt; While the stock market has rallied to new highs as equity investors looked past politics and focused on corporate earnings, the dollar has slumped more than 8 percent, wiping out the post-election bump and then some.  &gt; &amp;quot;Look at how the dollar moved up when it was felt that the Trump election was going to lead to happy days again,&amp;quot; Snow said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qoujg/stocks_are_at_all_time_highs_but_the_dollar_is/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~179908 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **dollar**^#1 **currency**^#2 **market**^#3 **Trump**^#4 **more**^#5\""}
{"_id": "42521", "title": "", "text": "\"If you sell a stock, with no distributions, then your gain is taxable under \u00a71001.  But not all realized gains will be recognized as taxable.  And some gains which are arguably not realized, will be recognized as taxable. The stock is usually a capital asset for investors, who will generate capital gains under \u00a71(h), but dealers, traders, and hedgers will get different treatment.  If you are an investor, and you held the stock for a year or more, then you can get the beneficial capital gain rates (e.g. 20% instead of 39.6%).  If the asset was held short-term, less than a year, then your tax will generally be calculated at the higher ordinary income rates.  There is also the problem of the net investment tax under \u00a71411.  I am eliding many exceptions, qualifications, and permutations of these rules. If you receive a \u00a7316 dividend from a stock, then that is \u00a761 income.  Qualified dividends are ordinary income but will generally be taxed at capital gains rates under \u00a71(h)(11).  Distributions in redemption of your stock are usually treated as sales of stock.  Non-dividend distributions (that are not redemptions) will reduce your basis in the stock to zero (no tax due) and past zero will be treated as gain from a sale. If you exchange stock in a tax-free reorganization (i.e. contribute your company stock in exchange for an acquirer's stock), you have what would normally be considered a realized gain on the exchange, but the differential will not be recognized, if done correctly. If you hold your shares and never sell them, but you engage in other dealings (short sales, options, collars, wash sales, etc.) that impact those shares, then you can sometimes be deemed to have recognized gain on shares that were never sold or exchanged. A more fundamental principle of income tax design is that not all realized gains will be recognized.  IRC \u00a71001(c) says that all realized gains are recognized, except as otherwise provided; that \"\"otherwise\"\" is substantial and far-ranging.\""}
{"_id": "42533", "title": "", "text": "There are so many Northwave Executive Condo projects being carried out today and there are also so many qualified public developers who have come in so as to meet the market demands. The role of selling an executive condominium is also left to the private developers and if one is in need of a property or any kind of information regarding such developments, they are free to make contact with the developers so as to know more. Check Out The Website http://northwave.co/ for more information on Northwave Executive Condo."}
{"_id": "42537", "title": "", "text": "The simplest way to consolidate the funds your old 401(k) plans is by doing what's called a Direct Rollover (whereby the funds go directly into the new plan and skips you completely) from each of the old plans into either an IRA that you establish with a provider of your choice or even into your current employer's 401(k) plan if that is available. That way, the funds are in one central account and available to invest. Plus it eliminates the mandatory 20% withholding if the rollover is indirect and is sent to you first before the deposit into the new plan. It is important to bear in mind that you have 60 calendar days from the date of distribution to get the full amount into the new plan and a rollover is considered a tax reportable, but not necessarily a taxable event provided you deposit the funds within the time frame allotted."}
{"_id": "42558", "title": "", "text": "\"In its basic form, a corporation is a type of 'privileged democracy'. Instead of every citizen having a vote, votes are allocated on the basis of share ownership. In the most basic form, each share you own gives you 1 vote. In most public companies, very few shareholders vote [because their vote is statistically meaningless, and they have no particular insight into what they want in their Board]. This means that often the Board is voted in by a \"\"plurality\"\" [ie: 10%-50%] of shareholders who are actually large institutions (like investment firms or pension funds which own many shares of the company). Now, what do shareholders actually \"\"vote on\"\"? You vote to elect individuals to be members of the Board of Directors (\"\"BoD\"\"). The BoD is basically an overarching committee that theoretically steers the company in whatever way they feel best represents the shareholders (because if they do not represent the shareholders, they will get voted out at the next shareholder meeting). The Board members are typically senior individuals with experience in either that industry or a relevant one (ie: someone who was a top lawyer may sit on the BoD and be a member of some type of 'legal issues committee'). These positions typically pay some amount of money, but often they are seen as a form of high prestige for someone nearing / after retirement. It is not typically a full time job. It will typically pay far, far less than the role of CEO at the same company.  The BoD meets periodically, to discuss issues regarding the health of the company. Their responsibility is to act in the interests of the shareholders, but they themselves do not necessarily own shares in the company. Often the BoD is broken up into several committees, such as an investment committee [which reviews and approves large scale projects], a finance committee [which reviews and approves large financial decisions, such as how to get funding], an audit committee [which reviews the results of financial statements alongside the external accountants who audit them], etc. But arguably the main role of the BoD is to hire the Chief Executive Officer and possibly other high level individuals [typically referred to as the C-Suite executives, ie Chief Financial Officer, Chief Operating Officer, etc.] The CEO is the Big Cheese, who then typically has authority to rule everyone below him/her. Typically there are things that the Big Cheese cannot do without approval from the board, like start huge investment projects requiring a lot of spending.  So the Shareholders own the company [and are therefore entitled to receive all the dividends from profits the company earns] and elects members of the Board of Directors, the BoD oversees the company on the Shareholders' behalf, and the CEO acts based on the wishes of the BoD which hires him/her. So how do you get to be a member of the Board, or the CEO? You become a superstar in your industry, and go through a similar process as getting any other job. You network, you make contacts, you apply, you defend yourself in interviews. The shareholders will elect a Board who acts in their interests. And the Board will hire a CEO that they feel can carry out those interests. If you hold a majority of the shares in a company, you could elect enough Board members that you could control the BoD, and you could then be guaranteed to be hired as the CEO. If you own, say, 10% of the shares you will likely be able to elect a few people to the Board, but maybe not enough to be hired by the Board as the CEO.  Short of owning a huge amount of a company, therefore, share ownership will not get you any closer to being the CEO.\""}
{"_id": "42563", "title": "", "text": "AmeriKick Martial Arts show your best self preservation and more systems of karate. We have an all around prepared group that ordinary routine with regards to karate. Be a solid man with the goal that you could help yourself in difficulty. It is able to talk over with being in precise form because of food plan and exercising. It also can practice  children ages 3 to 11 for martial arts for fitness. On a survival foundation, fitness pertains to the capability to conform on your surroundings."}
{"_id": "42565", "title": "", "text": "Comedy answer The McDonalds corporation thinks about $600 or 30% The real answer is: Whatever you can part with and still have money left over for the rest of your budget.  Don't consider your savings, consider your monthly income. This type of question is exactly why you need a budget.  A budget isn't just a tool for getting out of debt, it is a tool to help you understand your money and show you how much to spend on stuff. So based on your costs (utilities, food, shopping, auto expenses, savings, etc) how much is left from your monthly income?  That would be what you can afford in rent. Also, please notice that I still suggest you save money each month. You have a great habit going and to lose it now would be a shame in my opinion.  Maybe while you are planning a budget, you can start to roughly plan for buying a house, or having a new car fund, or having a pile of money for starting a family. (Along with an emergency fund and a fully funded retirement.)   You don't have to save 2/3, but save a dime of every dollar at least. Two dimes is better.  In the future, you will probably find it easier to spend more money rather than less; and you will never get back the chance to save."}
{"_id": "42569", "title": "", "text": "Family has owned a gas stations for 10+ years. Gas is a bitch to own and most retailers make about 20\u00a2 a gallon profit not including insurance/repairs. Hard to find gas station pump parts along with the high cost of repairing it if it breaks. It's mainly used to attract customers inside the store because that's where you make the profit."}
{"_id": "42592", "title": "", "text": "The city gathering endorsed new laws to criminal action amid March's spring break period, for example, no drinking on the shoreline and no liquor sold following 2 a.m., two hours sooner than before. Law in Panama City apparently called for stricter laws after various violations were submitted amid a year ago's spring break celebrations, including an affirmed group assault of an oblivious lady, shootings, and medication related occasions."}
{"_id": "42595", "title": "", "text": "You can't sell if you don't have a product that people want, and even of you do no one will buy it if they don't know about it.   Many ways to market, but you have to market.   You are right, putting more crap out isn't what you should be doing, but if you believe it is just crap, you have already failed. Find a need then fill it. don't get a good deal on a product and try to figure out how to sell it."}
{"_id": "42599", "title": "", "text": "\"Note that mutual funds' quarterly/annual reports usually have this number. I generally just let my home-accounting software project my future net worth; its numbers agree well enough with those I've gotten from more \"\"professional\"\" sources such as monte-carlo modelling. (They'd agree better if I fed in all the details of my paycheck, but I don't feel like doing the work to keep that up to date.) I'm using Quicken, but I assume MS Money and other competitors have the same capability if you buy the appropriate version.\""}
{"_id": "42600", "title": "", "text": "Wrong.  $$$ is a tool, not an end in and of itself.  The moment you think otherwise, you become the cliche of an evil, short-sighted, self-absorbed businessman for real.  And your employees ARE your business, the same way a carpenter's tools ARE his trade.  Its a poor carpenter who doesn't take care of his tools, and its a poor businessman who doesn't take care of his employees.  EVERY business is ultimately about people.  Good long-term relationships with people matter more to your bottom line than short-term profits at the expense of those people.  Not just your customers, but your employees, freelancers, suppliers, etc.  Small business owners, at least the successful ones, understand that.   Corporate tools like yourself (talking about paid vacations and workers like they're separate from you is a sure sign of that) think its all about $$$ and nothing else."}
{"_id": "42604", "title": "", "text": "I don't have a solid data-backed answer, but this is too lengthy for a comment. I've read that on average, about 1-2% is what you can get as a cash discount on a home purchase, all else being equal, but no hard data to back that.  In certain situations it makes sense for a cash discount to be much greater than that, for instance, if the seller is in a hurry to close and your cash offer has no inspection clause. Similarly, if a house has been re-listed after a sale fell through you might get a greater cash-discount, or if an owner just over-values the advantages of a cash-offer. Anecdotally, I had a neighbor take a cash offer 5% below asking and they had multiple offers at asking, they took the cash offer so they could close faster (15 days). Also, I've lost out to a cash offer, also at 5% below asking, and they also had a short-closing period and no-inspection, my offer was over asking on that one, so total cash discount > 5%. There can be more volatility in the luxury home market, but I wouldn't guess that changes the cash vs financed evaluation much.  Would love to see if anyone finds a good source, but even if they do, an average is only so helpful."}
{"_id": "42611", "title": "", "text": "Check with your bank.  As of January, 2015, the following banks and credit unions are offering free credit-scores: Announced, in the pipeline: Source: Banks to offer FICO credit scores for free Personal Experience: I've been receiving free FICO score from my credit union for more than 6 months now. Advice: Most people have multiple bank/credit-union accounts. The FICO score will be the same whoever offers it. If none of your financial institutions offer you a free credit-score then you may opt for free services like creditkarma.com or other paid services. Please note that a credit-score is number summarizing your credit-report and should not be confused.  In the news:"}
{"_id": "42619", "title": "", "text": "Payment processors get a fee when you make a payment through their system. So by encouraging you to use their cards more, they make more money. In the specific case of contactless cards, they see an opportunity to grow their market by displacing cash payments. So they're advertising it heavily to help that along."}
{"_id": "42620", "title": "", "text": "Different moving averages work and not work for different indexes.  I have seen simulations where during bull or bear markets the moving averages work differently. Here is an example: http://www.indexresult.com/MovingAverage/Exponential/200/SP500"}
{"_id": "42625", "title": "", "text": "\"This question drives at what value a shareholder actually provides to a corporation, and by extent, to the economy. If you subscribe for new shares (like in an Initial Public Offering), it is very straightforward to say \"\"I have provided capital to the corporation, which it is using to advance its business.\"\" If you buy shares that already exist (like in a typical share purchase on a public exchange), your money doesn't go to the company. Instead, it goes to someone who paid someone who paid someone who paid someone (etc.) who originally contributed money to the corporation.  In theory, the value of a share price does not directly impact the operation of the company itself, apart from what @DanielCarson aptly noted (employee stock options are affected by share price, impacting morale, etc.). This is because in theory, the true value of a company (and thus, the value of a share) is the present value of all future cashflows (dividends + final liquidation). This means that in a technical sense, a company's share price should result from the company's value. The company's true value does not result from the share price. But what you are doing as a shareholder is impacting the liquidity available to other potential investors (also as mentioned by @DanielCarson, in reference to the desirability for future financing). The more people who invest their money in the stock market, the more liquid those stocks become. This is the true value you add to the economy by investing in stocks - you add liquidity to the market, decreasing the risk of capital investment generally. The fewer people there are who are willing to invest in a particular company, the harder it is for an investor to buy or sell shares at will. If it is difficult to sell shares in a company, the risk of holding shares in that company is higher, because you can't \"\"cash out\"\" as easily. This increased risk then does change the value of the shares - because even though the corporation's internal value is the same, the projected cashflows of the shares themselves now has a question mark around the ability to sell when desired. Whether this actually has an impact on anything depends on how many people join you in your declaration of ethical investing. Like many other forms of social activism, success relies on joint effort. This goes beyond the direct and indirect impacts mentioned above; if 'ethical investing' becomes more pronounced, it may begin to stigmatize the  target companies (fewer people wanting to work for 'blacklist' corporations, fewer people buying their products, etc.).\""}
{"_id": "42639", "title": "", "text": "You cannot use continuous compounding for returns less than or equal to 100% because a natural logarithm can only be taken for a positive amount.  This answer includes the accurate way to ascertain r, for which many people use an approximation. For example, using -20% monthly return for 12 months:- -0.2 -0.223144 0.0687195 Checking: 0.0687195 True Now trying -100% monthly return:- -1. Indeterminate Why?  Because a natural logarithm can only be taken for a positive amount.  So the latter calculation can not be done using (logarithmic) continuous compounding. Of course, the calculation can still be done using regular compounding.  For -100% the results go to zero in the first month, but -150% produces a more interesting result: -1.5 -11920.9"}
{"_id": "42650", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://newrepublic.com/article/144180/single-payer-wonks) reduced by 66%. (I'm a bot) ***** &gt; It&amp;#039;s hard to deny that single-payer is an area where progressive politics has outstripped policy.  &gt; Smaller and more explicitly progressive think tanks, such as the Economic Policy Institute, Demos, and the Roosevelt Institute, are stacked with left-leaning scholars on subjects like the minimum wage, voting rights, and anti-trust policy, but are less in the business of churning out policy proposals for legislators, especially when it comes to health care.  &gt; While some groups, such as the Physicians for a National Health Program, an organization that pushes for single-payer, have been at the forefront of the issue, the bulk of the think tank world has been focused on defending the ACA. As Adam Gaffney, an instructor at Harvard Medical School and board member of PNHP, told the New Republic, &amp;quot;When something seems very far away, the need for that kind of detailed policy work sometimes seems less.&amp;quot; But now that single-payer is no longer an idea on the fringe, the actual mechanics have to be in place to maintain its credibility.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s14zd/apparently_its_the_fault_of_leftleaning_think/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~184792 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **policy**^#1 **single-payer**^#2 **out**^#3 **detailed**^#4 **think**^#5\""}
{"_id": "42661", "title": "", "text": "Agreed. I travel 8-10 weeks a year and usually my option for a private room in a shared home on airbnb is the same as a room at a mid-tier hotel. Whole house on airbnb is equivalent to a room at a higher tier hotel. I'll take the hotel 9 times out of 10 to get the points and because I know what I'm getting each time."}
{"_id": "42665", "title": "", "text": "I believe it's not only legal, but correct and required. A 1099 is how a business reports payments to others, and they're required by the IRS to send them for payments of $600 or more (for miscalleneous payments like this). The payment is an expense to the landlord and income to you, and the 1099 is how that's documented (although note that if they don't send you a 1099, it's still income to you and you still need to report it as such). It's similar to getting a 1099-INT for interest payments or a 1099-DIV for dividend payments. You'll get a 1099-MISC for a miscellaneous payment. If you were an employee they'd send you a W-2, not a 1099."}
{"_id": "42668", "title": "", "text": "Psychology Today had an interesting article from July 11, 2016, in which they go through the psychological aspects of using cash vs. a credit card. This article cites a 2008 paper in the Journal of Experimental Psychology: Applied that found: \u201cthe more transparent the payment outflow, the greater the aversion to spending or higher the \u2018pain of paying\u2019 \u2026leading to less transparent payment modes such as credit cards and gift cards (vs. cash) being more easily spent or treated as play or \u2018monopoly money.\u2019\u201d The article cites a number of other studies that are of interest on this topic as well."}
{"_id": "42672", "title": "", "text": "\"For a little while, online stores had much lower prices and no tax.  That advantage is fast disappearing.    A lot of things are just better to shop in person.  You can touch and feel, you can try on, you can have instantly.    With some niche items, I feel deprived that I have to shop online to buy things sight unseen hoping that it meets my expectations.  And bullshit shilll reviews all over the place don't help.  When almost every \"\"review\"\" is by someone who gets stuff for free to review and barely uses the product, it's not helpful and it just muddles the waters.\""}
{"_id": "42686", "title": "", "text": "here in Florida same thing.  over 50% of South Florida sales are for cash  personally, I'm happy as we'd be dead without this new money  and this has happened before, e.g. 80's boom was fueled by Columbian drug bucks"}
{"_id": "42726", "title": "", "text": "You've asked for risks but neglected straight up costs. CD laddering will have some explicit and implicit costs:"}
{"_id": "42728", "title": "", "text": "I don't know why people say Yahoo! is a failure. It's still around and still has tens of millions of users and makes millions in profit to this day. Just because it's not the leader it may have once been in every service it offers doesn't mean it's not wildly successful."}
{"_id": "42737", "title": "", "text": "What you are describing is lifestyle creep. No where did you mention how to apply a living wage per person, let alone per situation.   What if I was hired at a wage of 1800/mo and only used 1500 for living expenses? Would that be a livable wage? What if I then decide to have 4 children over the next 4 years? Should the employer be forced to pay more on the aspect of having children alone? If that is the case, what are you incentivizing, child production or productivity? Unless those children work too (which is bad, mkay), they are at a net loss to the employer, and he/she has no ability to put you in a more productive spot, so what should this employer do?  At what point do you stop raising the UBI/minimum wage/whatever form of inflationary behavior and or redistribution? You are trying to achieve fairness across a wide spectrum of individuals and situations and there is zero gaurentee that all of them, or even most of them will benefit in a positive manner."}
{"_id": "42738", "title": "", "text": "The book value is Total Assets minus Total Liabilities and so if you increase the Total Assets without changing the Total Liabilities the difference gets bigger and thus higher. Consider if a company had total assets of $4 and total liabilities of $3 so the book value is $1. Now, if the company adds $2 to the assets, then the difference would be 4+2-3=6-3=3 and last time I checked 3 is greater than 1. On definitions, here are a couple of links to clarify that side of things. From Investopedia: Equity = Assets - Liabilities From Ready Ratios: Shareholders Equity = Total Assets \u2013 Total Liabilities OR Shareholders Equity = Share Capital + Retained Earnings \u2013 Treasury   Shares Depending on what the reinvestment bought, there could be several possible outcomes. If the company bought assets that appreciated in value then that would increase the equity. If the company used that money to increase sales by expanding the marketing department then the future calculations could be a bit trickier and depend on what assumptions one wants to make really. If you need an example of the latter, imagine playing a game where I get to make up the rules and change them at will. Do you think you'd win at some point? It would depend on how I want the game to go and thus isn't something that you could definitively say one way or the other."}
{"_id": "42739", "title": "", "text": "Talk to a lawyer.  Most will give a free consult and let you know your options.  One of the options you will likely have is a letter from a lawyer threatening further legal action if payment is not received.  Reluctant clients are often more willing to pay if they know you aren't willing to take it in the shorts."}
{"_id": "42749", "title": "", "text": "\"I recommend reading What's the catch in investing in real estate for rent? and making a list of expenses.  You have a known expense, the rent, and the assumption that it will rise a bit each year. If not each year, eventually the landlord will bump it, and on average, the rent should track inflation.  The buy side is the complete unknown, especially to us here. The mortgage and taxes are just the beginning. My ongoing issue in the buy/rent debate is that it's easy to buy \"\"too big\"\" or at least far bigger that what you are renting.  One extreme - a couple moves from their one bedroom apartment into their purchased 3BR home with far more space than they ever use. No need to paint the full picture of numbers, the house is a money pit, and they live for the house.  Other end - Couple already renting a nice sized home, and they buy a similar one. They rent out the two spare bedrooms for 5 years until they have kids and want their privacy back. They bought smart, for less than market price, and from day one, the mortgage was lower than the rent they paid. By year 5, having sent the extra income to pay down the mortgage, they've paid down half the loan. As the kids come along, they refi to a new 30 yr fixed at 3.5%, and the payment is tiny compared to the rest of their budget.  Simply put, the ratio of house price to rent for that same house is not a constant. When the ratio is high, it's time to rent. When it swings very low, it's worth considering a purchase. But the decision is never clear until every detail is known. The time may be perfect, and the day after you close, you lose your job, or in a good scenario, get a raise and are relocated. Just because you bought low yesterday, doesn't mean the market will pay you a good price today, it takes time for out-of-whack pricing to come back to normal.  A simple question? Maybe. But we first need a lot of details to help you understand what you are considering.\""}
{"_id": "42759", "title": "", "text": "\"&gt; Well take one exception and make it the rule.  You are the one who answered with an absolute.  I didn't.  &gt; \"\"Stable Environment\"\" can mean lots of things.  Yes, and we defined it 3 or 4 statements earlier.  Okay, I'm confident you are not putting much thought into our discussions so I shall bit you adieu.  Enjoy the rest of your day.\""}
{"_id": "42763", "title": "", "text": "\"I read this so often and it's such bullshit.  Do you know why robots won't replace fast food workers? Because the fast food workers are cheap. Dirt cheap.  Why don't people realize this? I guess because most people earn pretty shitty wages themselves, so they don't see how $7.50/hr. is next to nothing, especially when your average McDonald's store makes $7,100 in revenue per day. 3 shifts of 6 workers means your wage costs are $1,080 for workers, ex-managers. Wages are 15% cost of sales.  That's nothing.  Would robots cost less? Hmm...maybe. How much do they cost to buy? How often do you need to maintain them? How much do parts cost? IT staff to manage them? Do you still need a manager to take in deliveries, and is he going to stack and organize them now? (Robots can't do that--they lack the dexterity.) Also, are the managers going to start cleaning the toilets now? Doubtful--and robots can't do that either.  In other words, this \"\"robots are taking over\"\" is true but \"\"robots are going to crowd out minimum wage workers\"\" is complete and total horseshit. I think lower middle class and middle class office workers are being fed this line to oppose minimum wage increases--which of course boost corporate margins.  But they're the ones at risk.  You know who robots CAN replace more easily than minimum wage workers? Office workers. Secretaries, actuaries, bookkeepers, investment managers, marketing analysts, IT managers, accountants, journalists...  Don't worry, middle class America. The robots aren't coming for the people who clean your toilets, who cook your food, and who wash your dishes. No. They're coming for you.\""}
{"_id": "42776", "title": "", "text": "if you put a mcdonald's job on your resume and you are over the age of 25 in a non-white collar position, i guarantee 95% of hiring managers will never call you back. well-paying jobs these days are mostly office based, and hiring managers have a hell of a bias against your non-middle income and above demographic"}
{"_id": "42792", "title": "", "text": "This is music to the waste disposal industries ears.    My wifes parents are like this.  Their house is filled, to the brim, with so much stuff.  They have a few storage units full of stuff.  It will be an interesting problem for my wife and her siblings when the inevitable occurs."}
{"_id": "42800", "title": "", "text": "\"Ugh, sorry. Drunkenness + finance geekery is pretty unconducive to actual information-sharing.  Taxi medallions/licenses are heavily financed using debt--principally in the form of commercial loans. The structure of these loans is usually interest-only, 3 year balloon, with borrowers qualified on a 40 year amortization period. Sound familiar? I'll give you a hint: rhymes with smeal shmestate shmubble. The loans then get chopped up and hawked to local community lenders, who are told that the prices never go down (because supply-side monopoly), and then they happily up the concentration of taxi financing in their lending portfolios.  Your observation is trenchant. Uber, Lyft, Sidecar, all that shit comes into the picture and there's no hail. So they're not really taxis, meaning they skirt regulation. And to make matters worse, they are also heavily financed through VC, PE, short-term bank debt. And they use that financing to do what? Not operations--instead, they just lower their prices, and usually below that of traditional cabs. It's an artificially deflated price designed to hook folks on the service, and then when they start not being able to subsidize their prices anymore, they'll raise em back up (but consumers don't care about that in the short run).  Why does any of this matter? Because when the e-collective cited above comes in and creates stiff competition, demand for medallion falls because cab drivers would rather go work for Uber (they don't need to license their right to drive from a cab fleet anymore), and also demand for cabs themselves falls because people would rather take the cheaper alternative. That causes the cost of medallions to fall, which = price correction. And that's bad because it's not the guys originating and hawking these loans who are on the hook--they've effectively sold off their share of the loan to other lenders (community banks) and cashed out. Instead, you're looking at mom and pop banks who are now on the hook for these loans where the value of the loan grossly exceeds the value of the collateral, the medallion, the thing they were supposed to partially finance.  This is the same phenomenon as what happened in 08. Real estate prices experience a substantial price correction because of, well, a bunch of shit, but let's just say that it had to do with the financing arrangements that made real estate safe in the first place + shitty loan underwriting standards. All of a sudden you had people with 500K houses that they took out a 1.2m mortgage for. Rational actors, true to their word, just walked away from the house--just packed up their shit and moved somewhere else, and just said to the bank \"\"here's the keys, I can't afford this shit\"\". And the bank can't take any of their stuff because the mortgage terms were essentially for the value of the collateral. So now you have all these banks that are short on liquid assets--they have residential properties, but nobody's buying, at least not at the prices that they need to get the return on their investment.  This is all a really long way of saying this: if there is a mass price correction caused by Uber, it's going to be mom and pop banks on the hook for the loans. Borrowers will flee en masse to Uber et al, while banks will experience serious liquidity issues. You're right that Uber is doing something great by forcing taxi cabs into a non-monopolistic situation, but the first step needs to be unwinding the debt on these loans. Otherwise, you're looking at a mini market crash that could be disastrous for grandma and grandpa in Mendocino County. They're not going and banking at Citi or JPMC; they're banking at shitty little mom and pop banks that have no idea what they're being sold.\""}
{"_id": "42806", "title": "", "text": "This is pretty simple in theory, harder to do in practice. You will be surprised how quickly the debt will disappear.  Doing these things will work, I know from experience."}
{"_id": "42814", "title": "", "text": "IRS Publication 969 gives all the details about HSA accounts and High Deductible plans: According to your question you are covered by a plan that can have an HSA.  There a few points of interest for you: Contributions to an HSA Any eligible individual can contribute to an HSA. For an employee's   HSA, the employee, the employee's employer, or both may contribute to   the employee's HSA in the same year. For an HSA established by a   self-employed (or unemployed) individual, the individual can   contribute. Family members or any other person may also make   contributions on behalf of an eligible individual. Contributions to an HSA must be made in cash. Contributions of stock   or property are not allowed. That means that yes you could make a contribution to the HSA. Or if in the future you were the provider of the insurance you could have a HSA. Limit on Contributions  For 2015, if you have self-only HDHP coverage, you can contribute up   to $3,350. If you have family HDHP coverage you can contribute up to   $6,650. It sounds like you have a family plan. Additional contribution.   If you are an eligible individual who is   age 55 or older at the end of your tax year, your contribution limit   is increased by $1,000. Rules for married people.   If either spouse has family HDHP coverage, both spouses are treated as having family HDHP coverage. If   each spouse has family coverage under a separate plan, the   contribution limit for 2014 is $6,550. You must reduce the limit on   contributions, before taking into account any additional   contributions, by the amount contributed to both spouses' Archer MSAs.   After that reduction, the contribution limit is split equally between   the spouses unless you agree on a different division. The rules for married people apply only if both spouses are eligible   individuals. If both spouses are 55 or older and not enrolled in Medicare, each   spouse's contribution limit is increased by the additional   contribution. If both spouses meet the age requirement, the total   contributions under family coverage cannot be more than $8,550. Each   spouse must make the additional contribution to his or her own HSA. Note: most of the document was written with 2014 numbers, but sometimes they mention 2015 numbers. If both are covered under a single plan it should be funded by the person that has the plan. They may get money from their employer. They may be able to have the employer cover the monthly fee that most HSA administrators charge. The non employee can make contributions to the account but care must be taken to make ure the annual limits aren't exceeded. HSA contributions from the employees paycheck may reduce the social security tax paid by the employee. If the non-employee is self employed you will have to see how the contribution impacts the social security situation for the couple. If the non-employee is 55 or older it can make sense to throw in that extra $1000. The employer may not allow it to come from the paycheck contributions because they wouldn't necessarily know the age of the spouse, they may put a maximum limit based on the age of the employee."}
{"_id": "42816", "title": "", "text": "You must not be familiar with relative poverty. Just in case you want to actually read up on the issue. Read The Spirit Level: Why More Equal Socities Almost Always Do Better by Richard Wilkinson and Kate Pickett. Inequality doesnt just affect those who have a less than average income. The more unequal the society, the more health and social problems they tend to have. Those problems, such as depression, drug abuse and violence affect society and the economy as a whole.  So no relatively, the quality of life is not better in the US or across the globe."}
{"_id": "42831", "title": "", "text": "Many people dream of having a home based business. A home based business gives you the freedom to be your own boss and set your own hours. However, most people have no idea what kind of business to start to make real money from home. Here are some home business ideas."}
{"_id": "42847", "title": "", "text": "The federal reserve loans the US government dollars. The Federal reserve is NOT owned by the government, it is a private banking institution. So the US has to get capital from investor to borrow those dollars. Printing more dollars makes the dollars less valuable, and at the same time the investments less attractive unless there is a higher rate of interest attached to it."}
{"_id": "42851", "title": "", "text": "Have you read is letter? He's saying thanks to the government for basically saving the economy. Warren Buffet was from day 1 a strong supporter of the bailout program.   I'm sorry for my ignorance but what ''output'' are you talking about? As I understand you don't just want to establish a basic income but want to change the whole monetary system? And you can't even explain it?"}
{"_id": "42854", "title": "", "text": "I don't know how long run but this last week people have been talking about McDonalds a lot.  I think the trick is to set a limit and have it auto sell when it is met. There is no need to hold forever and therefor what is 'long term' can be variable."}
{"_id": "42862", "title": "", "text": "Absolutely nothing about it was stupid or for notoriety, it was simply a vote on the definition of celestial bodies in the galaxy being voted on by an international coalition of scientists (IAU).  Either Pluto was going to be downgraded to a dwarf planet, or Xena was going to be the 10th planet in the solar system after it was discovered (since it's larger than pluto).   I'm sure if that had happened you'd be claiming it was a stupid publicity stunt then too."}
{"_id": "42869", "title": "", "text": "My grandpa was hired by DuPont out of HS.  Never went to college.  Started working as a custodian.  Worked his way up to lead fluid production engineer or something like that -- his position would require an advanced degree in chemistry today to even be considered for an interview"}
{"_id": "42870", "title": "", "text": "Kuala Lumpur, 2 July 2014. In line with Axiata Group Berhad\u2019s (Axiata) strategy to focus on mobile communications, Axiata has entered into an agreement with Samart Corporation Public Company Limited (Samart) to dispose its entire shareholding of approximately 24% of the total issued and outstanding share capital in Samart i-Mobile Public Company Limited (Samart i-Mobile) for total gross consideration of approximately USD88.6 million. Samart is the current shareholder in Samart i-Mobile and currently holds around 52% of the total issued and outstanding share capital in Samart i-Mobile.   Samart i-Mobile is in the business of providing instant wireless information services and mobile content, along with the distribution of mobile phones and accessories. Dato\u2019 Sri Jamaludin Ibrahim, President &amp; Group Chief Executive Officer said \u201cWe would like to thank Samart i-Mobile for the support throughout our period of investment and we wish them every success for the future.   [http://www.academia.edu/7060492/The_Jakarta_Globe_Axis_Capital_Group_Telecom_Purchase_XL_Axiata](http://www.academia.edu/7060492/The_Jakarta_Globe_Axis_Capital_Group_Telecom_Purchase_XL_Axiata)"}
{"_id": "42892", "title": "", "text": "Ford paid off a tremendous amount of debt prior to reinstating the dividend. While they still have a sizable amount of debt on the balance sheet, they've been able to refinance this debt to a much more affordable point. Their free cash flow + cash on the balance could enable them to pay it off in the very near future (12 - 16 months). Most auto companies have debt on their balance sheet if they choose to offer financial services.  Their overall credit rating (if you really think such things are valid) has also improved. Generally speaking, I agree its a poor idea to give money back to shareholders if you have high-interest bearing debt."}
{"_id": "42921", "title": "", "text": "The Indian imagination is getting the better of it, poor fellows are going to be quite heart broken when their economy get over heated and burned out. They think being the little wheel is fun and games, I don't think they know what we really do to little economies."}
{"_id": "42924", "title": "", "text": "If you mostly do work for businesses/individuals who are VAT registered it's a no-brainer to become VAT registered yourself... Although you will have to charge your customers VAT (and pass this on to HMRC) because they are VAT-registered they will reclaim the amount so it won't actually 'cost' them anything. At the same time, you can reclaim all the VAT you're currently being charged on your business expenditure (business equipment, tickets to business events, business software, accountancy/other business services you pay for, web hosting etc etc etc) However, if most of your clients are not VAT-registered it's not worth you registering. You would have to charge your customers an extra 20% (and they wouldn't be able to claim it back!) and you would have to pass this on to HMRC. Although you could still claim for goods and services you purchase for business use, essentially you'd just be another tax collector for HMRC. That said, at the end of the day it's up to you! VAT returns are quarterly and dead simple. Just keep a spreadsheet with your invoices (output tax) and receipts (input tax) and then do some basic maths to submit the final numbers to HMRC. No accountant required!"}
{"_id": "42942", "title": "", "text": "\"What about the escudo balance in my checking account in Cabo Verde?   Are the escudos that I held for months or years, before eventually   deciding to change to dollars, considered an investment? Don't know. You tell us. Investment defined as an activity taken to produce income. Did you put the money in the checking account with a full expectation of profits to be made from that? Or you only decided that it is an investment in retrospective, after the result is known, because it provides you more tax benefit? To me it sounds like you have two operating currencies and you're converting between them. Doesn't sound like an investment. Generally, from my experience, bank accounts are not considered investments (even savings accounts aren't). Once you deposit into a CD or bond or money market - you get a cash-equivalent which can be treated as an investment. But that's my personal understanding, if there are large amounts involved, I'd suggest talking to a US-licensed CPA/EA specializing on expats in your area. Pub 54 is really a reference for only the most trivial of the questions an expat may have. It doesn't even begin to describe the complexity of the monstrosity that is called \"\"The US Tax Code for Expats and Foreigners\"\".\""}
{"_id": "42944", "title": "", "text": "\"A quick Craigslist search in my area (New England) pops up a number of RVs in claimed good/running condition in the $2000 - $5000 range, so it's not \"\"too good to be true\"\" that a motivated seller would sell one slightly below market: selling things is a lot of work, and lowering prices is essentially paying the buyer to not make you do that work. Of course, you should still do you due diligence: If the seller objects to you doing this, then you should be suspicious (inexperienced sellers, e.g. a widow whose husband may have handled these things in the past, might get spooked by asking to take it to a mechanic, so be prepared to reassure on that front).  Otherwise it's no more risk than any used vehicle purchase.\""}
{"_id": "42951", "title": "", "text": "Currency speculation is a very risky investment strategy. But when you are looking for which currency to denote your savings in, looking at the unit value is quite pointless. What is important is how stable the currency is in the long term. You certainly don't want a currency which is prone to inflation, because it means any savings denoted in that currency constantly lose purchasing power. Rather look for a currency which has a very low inflation rate or is even deflating. Another important consideration is how easy it is to exchange between your local currency and the currency you want to own. A fortune in some exotic currency is worth nothing when no local bank will exchange it into your local currency. The big reserve currencies like US Dollar, Euro, Pound Sterling and Japanes yen are usually safe bets, but there are regional differences which can be easily converted and which can't. When the political relations between your country and the countries which manage these currencies is unstable, this might change over night. To avoid these problems, rather invest into a diverse portfolio of commodities and/or stocks. The value of these kinds of investments will automatically adjust to inflation rate, so you won't need to worry about currency fluctuation."}
{"_id": "42956", "title": "", "text": "So your argument for a national ID is that we're already fucked so might as well add another data point?  There's other ways to solve this problem that doesn't introduce more privacy concerns... advocating against a national ID is not the same as advocating for using an SSN as an ID."}
{"_id": "42960", "title": "", "text": "Benjamin Grahams strategy was to invest in REALLY SAFE stocks. In his time lean businesses weren't as common as they are now and he found many companies with assets greater than the value of their shares. Putting a number figure on it isn't really necessary but the concept is useful. Its the idea that bigger companies are less turbulent (Which is something to avoid for an investor). Most companies in the top 500 or whatever will satisfy this."}
{"_id": "42980", "title": "", "text": "I do a lot of work in Gsuite but is it really a good replacement for excel? I find the hotkeys limiting at best in comparison and I don't think there are good alternatives to powerpivot and powerquery in Gsuite. There are a handful of things Google sheets offers that excel doesn't but overall I find it fairly limiting.  If you're referring to just basic computing than yes Google sheets will get you there but I don't think they're comparable yet. I could be 100% wrong and just not know the Gsuite alternatives to these tho."}
{"_id": "42984", "title": "", "text": "No, dividends are not included in earnings.  Companies with no earnings sometimes choose to pay dividends.  Paying the dividend does not decrease earnings.  It does of course decrease cash and shows up on the balance sheet.  Many companies choose to keep the dividend at a fixed rate even while the business goes through cycles of increased and decreased earnings."}
{"_id": "42985", "title": "", "text": "Most of the commercials that I see online are for really expensive shit that I can't afford anyway (like luxury cars)... so it's kind of a moot point.   I wouldn't alter my behavior in any way (either positive or negative) due to a commercial.  Sure, they're a minor annoyance, but if I saw my favorite cereal in a commercial, I wouldn't boycott it."}
{"_id": "42999", "title": "", "text": "After reading OP Mark's question and the various answers carefully and also looking over some old pay stubs of mine, I am beginning to wonder if he is mis-reading his pay stub or slip of paper attached to the reimbursement check for the item(s) he purchases.  Pay stubs (whether paper documents attached to checks or things received in one's company mailbox or available for downloading from a company web site while the money is deposited electronically into the employee's checking account) vary from company to company, but a reasonably well-designed stub would likely have categories such as Taxable gross income for the pay period: This is the amount from which payroll taxes (Federal and State income tax, Social Security and Medicare tax) are deducted as well as other post-tax deductions such as money going to purchase of US Savings Bonds, contributions to United Way via payroll  deduction, contribution to Roth 401k etc. Employer-paid group life  insurance premiums are taxable income too for any portion of the policy  that exceeds $50K. In some cases, these appear as a lump sum on the last pay stub for the year. Nontaxable gross income for the pay period: This would be sum total of the amounts contributed to nonRoth 401k plans, employee's share of group health-care insurance premiums for employee  and/or employee's family, money deposited into FSA accounts, etc. Net pay: This is the amount of the attached check or money sent via ACH to the employee's bank account. Year-to-date amounts: These just tell the employee what has been earned/paid/withheld to date in the various categories. Now, OP Mark said My company does not tax the reimbursement but they do add it to my running gross earnings total for the year. So, the question is whether the amount of the reimbursement is included in the Year-to-date amount of Taxable Income. If YTD Taxable Income does not include the reimbursement amount,  then the the OP's question and the answers and comments are moot; unless the company has really-messed-up (Pat. Pending) payroll software that does weird things, the amount  on the W2 form will be whatever is shown as YTD Taxable Income  on the last pay stub of the year, and, as @DJClayworth noted cogently, it is what will appear on the W2 form that really matters. In summary, it is good that OP Mark is taking the time to investigate the matter of the reimbursements appearing in Total Gross Income, but if the amounts are not appearing in the YTD Taxable Income, his Payroll Office may just reassure him that they have good software and that what the YTD Taxable Income says on the last pay stub is what will be appearing on his W2 form.  I am fairly confident that this is what will be the resolution of the matter because if the amount of the reimbursement was included in Taxable Income during that pay period and no tax was withheld, then the employer has a problem with  Social Security and Medicare tax underwithholding, and nonpayment of this tax plus the employer's share to the US Treasury in timely fashion. The IRS takes an extremely dim view of such shenanigans and most employers are unlikely to take the risk."}
{"_id": "43011", "title": "", "text": "Then keep being fat, but it's still your own damned fault.  Sometimes making a choice requirea crazy things like hard work and discomfort, who would have thought.  Sick of entitled pieces of shit with attitudes like this."}
{"_id": "43027", "title": "", "text": "\"Credit is like dignity - it takes a long time to build but a short time to lose. Your credit history is mostly made up of your prior activity for several years. There's no \"\"quick fix\"\" to raise your credit score in a short period.  Paying your student loans on time will help, but it will take quite some time for that activity to make a big difference in your credit. If you can't get approved for a car loan of $15k, then perhaps it's time to either reset your expectations or save up enough to make a large down payment on a more expensive car.  Instead of prepaying your student loans that are not due, save up that money for a down payment. You can get an incredibly reliable car for much less than $15,000. Also, make sure that you will be able to afford the car payment when your student loans do become due (based on your current salary, not some hypothetical future salary)  Another plan: drive your car for another year, pay off your student loans in that time, and then you might have enough credit history to get a better loan.\""}
{"_id": "43028", "title": "", "text": "Would you like to know your OWN buying strategy? What makes you tick when it comes to buying things? If you know how you run strategies of buying then you will know more about yourself and control your spending habits.http://joeldelacruz.net  What would it mean to you and your business if you can appreciate and respect the following:      How do customers want, research, seek and buy a particular product?     Did you know that each of these steps have micro strategies making up the customer\u2019s overall buying strategy?     How can you know what triggered a customer into walking into your store or landing on your blog?     How can you build rapport with a customer so you lead them into a particular response?     When can you know it\u2019s time to ask for the sale?     How can you handle objections?  All these questions can more will be asked and answer at the Buying Strategy Bootcamp. This is an interactive workshop where you will experience the learning and apply it right away and place into practice immediately."}
{"_id": "43029", "title": "", "text": "I usually go at dinner time, 6:00pm-6:30pm, usually it's fresh but last week I went and the burger was just wet and gross and couldn't eat it all.  I agree lunch time is usually safe but I don't understand why it wouldn't be fresh at dinner time either.  It's like trying to get back that first high I just can't seem to get there anymore :("}
{"_id": "43046", "title": "", "text": "\"In answer to the \"\"how I can perform withdrawal with the lower rate (having GBP)?\"\" part of your question, as Joe stated you need to use another bank or currency exchange company to convert the GBP to PLN.  Most of the UK banks charge similar amounts, and it's usually not possible to transfer the GBP to a foreign bank unless you have a GBP account with them. Some currency exchange firms are Transferwise, FairFX, CaxtonFX, a web search will show a fuller range. You could also use Paypal to do the transfer (if you have a paypal account) by transferring the GBP from Barclays to your paypal account and then from there to your PLN account.\""}
{"_id": "43049", "title": "", "text": "Is it true that you cannot amend a tax return to include both a   futures loss carry back and a Schedule C at the same time? No, it is not true. You can include all the changes necessary in a single amended return, attaching statement explaining each of the changes. However you're talking about two different kinds of changes. Futures loss carryback is a Sec. 1212 carryback and not a correction of an error. Adding Schedule C would be a correction of an error. I'm guessing your CPA wants to separate the two kinds to avoid the situation where the IRS refuses to accept your correction of an error and by the way also doesn't accept the Sec. 1212 carryback on the same return. Or the CPA just wants to charge you twice for amendments."}
{"_id": "43050", "title": "", "text": "You can replace Ciscos products with those of any other networking company. There's plenty of multibillion players in the space and I'm sure there's lots of tiny ones most folks have never heard of.   Even if you copied FB verbatim, you'd have to convince a few hundred million (billion?) people to use it so you'd have that level of captive network effect.   Unless they do something dumb, they're the go-to for social networks for the foreseeable future, just like Google killed off Alta Vista, Ask and all the other search engines."}
{"_id": "43057", "title": "", "text": "Living wage applies to the location that the job is in. Warehouse in Northern KY? Living wage for northern KY. Warehouse in NYC? Living wage for NYC. Those numbers will be very different.   As for a definition of a living wage, that varies. One definition is that it's the minimum income that allows a worker to meet their basic needs (food, housing, transportation, healthcare, etc), presumably without needing to rely on a social net. If you need for food stamps or housing assistance to meet your basic needs for food and shelter, you probably aren't making a living wage."}
{"_id": "43060", "title": "", "text": "When the laws allow for bonds to be issued for anything other than infrastructure projects, you end up in financial ruin.   Politicians can't help themselves, and spend future money, today on day to day expenses.      Then future residents, are paying off bonds for items they see no current benefit on.  It makes taxes appear high.       Look at cities like Chicago as an example."}
{"_id": "43076", "title": "", "text": "Thousands of people are going to suffer because of this.  It is inevitable, these inept companies must fail, but _all this suffering makes me sad._  I'm pretty astonished at the rage that this sentiment has excited.  Can you explain why this idea bothers you so much?"}
{"_id": "43084", "title": "", "text": "The rate of spending growth is relevant. The reason tax cuts are expected to pay for themselves is that they are expected to increase economic growth such that the absolute dollar amount of revenue is the same, though it makes up a smaller relative proportion of the total economic value created over a period.   This would be sufficient to pay for itself if spending growth were flat, but if it's growing, particularly if it's growing sharply, just maintaining the same absolute revenue level won't be enough to pay the government's bills.  Basically, whether or not tax cuts pay for themselves depends on where we are on the Laffer Curve AND on the level of spending growth, hence my previous comment."}
{"_id": "43087", "title": "", "text": "Perhaps it was to close a short position.  Suppose the seller had written the calls at some time in the past and maybe made a buck or two off of them.  By buying the calls now they can close out the position and go away on vacation, or at least have one less thing they have to pay attention to.  If they were covered calls, perhaps the buyer wants to sell the underlying and in order to do so has to get out of the calls."}
{"_id": "43088", "title": "", "text": "Over the long run, you can expect to do about as well as the market itself. Depending on what time period you view, the stock market has typically provided returns of approximately 10%. Some years it is up, some years it is down. You may think you can get better returns, but you are mistaken. You may be able to do better over a short time period if you take on vastly more risk, but you won't be able to do so long term. In order to make $2000/month, then, you will need approximately $240,000 to invest. And even then, you won't make that kind of return reliably. Some months, some years, you'll make more. Other times, you'll lose money. If anyone tells you they can double your money in a month (which is what you are hoping for), walk away. Because it is either illegal or a scam. The only way your plan can work is if you are reliably able to predict stocks which will go up by 10% in the next two days. You cannot do this. You can't even predict which stocks will go up by 10% in the next year."}
{"_id": "43094", "title": "", "text": "People ITT struggling with the concept of a status symbol.  There's nobody more concerned with outward appearance than Hollywood celebs and a bunch of them drive the Prius.  Status symbol doesn't only mean how much you paid.  The environmental factor weighs in.  The coolness factor.  The fact that so many people are anticipating what Tesla will do next.  It's not just price tag."}
{"_id": "43140", "title": "", "text": "\"Teavana's product was always vastly overpriced and relatively poor quality.    We drink a lot of tea in our house, and occasionally some well-meaning person would give us a gift certificate for Teavana.  Invariably, it would cost $50 for what should be about $20 worth of tea, and even their basic blacks (which should taste like *tea*) tasted like a perfumey, herbal mess.  When our local Teavana opened, I worried about our local tea shop's business.  After I drank a cup of their tea, I stopped worrying.  Probably my biggest complaint about Teavana is that think that they've tried \"\"good\"\" tea and don't like it, but what they've had is Teavana, and it sours them on actually trying some nice teas.\""}
{"_id": "43142", "title": "", "text": "While this question is old and I generally agree with the answers given I think there's another angle that needs a little illuminating: insurance. If you go with an 84 month loan your car will likely be worth less than the amount owed for substantially all of the entire 84 month loan period; this will be exacerbated if you put zero down and include the taxes and fees in the amount borrowed.  Your lender will require you to carry full comprehensive/collision/liability coverage likely with a low maximum deductible.  While the car is underwater it will probably also be a good idea to carry gap insurance because the last thing you want to do is write a check to your lender to shore up the loan to value deficit if the thing is totaled.  These long term car loans (I've seen as high as 96 months) are a bear when it comes to depreciation and related insurance costs. There is more to this decision than the interest calculation.   Obviously, if you had the cash at the front of this decision presumably you'll have the cash later to pay off the loan at your convenience.  But while the loan is outstanding there are costs beyond interest to consider."}
{"_id": "43152", "title": "", "text": "Current and past FX rates are available on Visa's website. Note that it may vary by country, so use your local Visa website."}
{"_id": "43162", "title": "", "text": "\"i'm having a hard time understanding the argument you're making here. i think you're saying: \"\"if an employer is having a hard time filling positions, they don't have to raise wages because the government says the minimum wage is only 'this little.'\"\"   if that's really what you're saying, it doesn't make any sense. what does a minimum wage have to do with not being able to fill positions because you don't pay enough?  if that's not what you're saying, could you please clarify?\""}
{"_id": "43216", "title": "", "text": "\"If banks really controlled house prices, then why do banks now own a shitload of houses that are no longer being paid for?  So many that they can't sell them now because that would drive prices down even more, and they'd lose more.  Sigh... go ahead and continue to blame \"\"them\"\" for everything.  It's easier that way, because then you will never have to take responsibility for any of your mistakes.\""}
{"_id": "43217", "title": "", "text": "There's no requirement of US citizenship to open a bank account in the US. Any person, citizen or not, can do that. I don't know where this assumption of yours come from, but it is false. So the easiest solution is to open a bank account for your nephew next time he visits the US and get him an ATM card from that account. You can then deposit money to that account as much as you want (beware of the gift tax consequences). If he doesn't want to travel to the US and cannot open a US bank account remotely from Russia (which is probably the case), then follow the @BrenBarn's suggestion: have him open a bank account in Russia and just wire money there. Having a foreigner tapping freely into your own personal bank account may cause legal issues both with regards to gift tax and money laundering provisions that require you to certify that the money on the account is yours only. Also, check if there's an issue for a Russian resident to have control over foreign accounts (there's definitely such an issue for a US resident, Russians are generally not far behind when it comes to government oppression)."}
{"_id": "43218", "title": "", "text": "It's working for Blue Apron and the other meal kit delivery services. Amazon has the supply chain knowledge, and capital, to make it happen.   They have access to resources and technology that no one else has, including automation. If anyone can make it work, it's Amazon."}
{"_id": "43219", "title": "", "text": "\"I mean, it's only a difference of an order of magnitude, really.  Until you consider the following:  1) Only a fraction of the $800B Muni bonds market is new issue.  2) True spreads on Muni bonds are hard enough to calculate as is because they're all OTC.   3)The author quotes that the particular bid was for an 87K/year return on a notional of $300M. That's a spread of a whopping 3 basis points that the bank took extra over \"\"true value\"\".  4) Intraday vol for almost any financial instrument is more than 3 basis points.  5) So that's what he's making this big deal over? THREE basis points? I don't even know the length of my penis to within three basis points, and I challenge you to find anyone who could name the yield on the 10Y Treasury within 3 basis points.\""}
{"_id": "43245", "title": "", "text": "For mine, that info's in the quarterly reports... and in the prospectus, which you should be looking at before you put money into the fund."}
{"_id": "43299", "title": "", "text": "Whats been interesting is for the past decade, Meijer, our big box store pushed to atleast 50/50 self check out.   The past year they have gotten rid of all but a few. The money they lost to petty theft using self check out more than pays for hiring more workers for the check out lanes."}
{"_id": "43302", "title": "", "text": "Questions regarding the willingness of wine experts and lovers to travel and seek for the wines they love are rising. The wine lovers would usually pay extra for a good bottle of wine, but would they also be willing to travel halfway around the world? An answer from Huffington Post..."}
{"_id": "43310", "title": "", "text": "(/u/what_comes_after_q &amp; /u/md___2020 - I thought you might appreciate this too).  While GE lost it's financial discipline in the 2000s, in the '90s and '80s GE was a supreme integrator of acquired businesses. [Here is a 1998 Harvard Business Review case study on GE.](https://hbr.org/1998/01/making-the-deal-real-how-ge-capital-integrates-acquisitions)  &gt; Lesson 1: Acquisition integration is not a discrete phase of a deal and does not begin when the documents are signed. Rather, it is a process that begins with due diligence and runs through the ongoing management of the new enterprise.  &gt; Lesson 2: Integration management is a full-time job and needs to be recognized as a distinct business function, just like operations, marketing, or finance.  &gt; Lesson 3: Decisions about management structure, key roles, reporting relationships, layoffs, restructuring, and other career-affecting aspects of the integration should be made, announced, and implemented as soon as possible after the deal is signed\u2014within days, if possible. Creeping changes, uncertainty, and anxiety that last for months are debilitating and immediately start to drain value from an acquisition.  &gt; Lesson 4: A successful integration melds not only the various technical aspects of the businesses but also the different cultures. The best way to do so is to get people working together quickly to solve business problems and accomplish results that could not have been achieved before."}
{"_id": "43349", "title": "", "text": "\"By that vein, air is a product you consume on a daily basis. Should someone work to monetize oxygen now? There must be a rational limit on where you draw the line of short term profit versus long term social sustainability.  I'm all for seeking a profit, but any profit calculations should take into account the full cost to the society before declaring something \"\"profitable.\"\" The cost of seeking these profits is higher prices for everyone, which in turn reduces the availability of the service. This takes money out of local economies, pools resources in the hands of a small group of corporations that exist solely to sit on large piles of money \"\"just in case,\"\" and potentially denies vital care to people who may have potentially netted a huge benefit for society. All this so that someone can see a few points improvement in their portfolio.  Note, this does not mean I'm against insurance as a whole. There are plenty of insurance products that I feel are perfectly valid and reasonable; car, home, corporate and so on are all valid examples of \"\"luxury\"\" products that you could technically live without. However the social cost of for profit health care and health insurance is such that I do not see how it can potentially justify the cost to society. So while sure, seeking profit on vital services may not be crazy within your limited view, it is certainly crazy to call something \"\"profit\"\" just because your analysis of the situation fails to take into account the huge net negatives of such a practice.\""}
{"_id": "43350", "title": "", "text": "You should very much nail down your planned expenses and profit. However beyond that you may have some better options to avoid taxation assuming all your plans go well. You should take into account the ability to avoid taxes on the sale of a primary residence. You could build the spec house, then move into the spec house. You could then sell the primary (avoiding any profit less than $500k filing jointly, assuming you meet the Home Sale Tax Exclusion requirements).  You can then in another two years or so sell the spec house if you want and again avoid up to $500k in profit. http://www.nolo.com/legal-encyclopedia/the-250000500000-home-sale-tax-exclusion.html"}
{"_id": "43359", "title": "", "text": "It's a good thing for mid-level to senior bankers; the work that is being replaced is analyst work. This will mean a smaller intake, all other things being equal, and, if demand holds for the entry-level junior jobs, that suggests that salary at the bottom will stagnate."}
{"_id": "43370", "title": "", "text": "\"If this is in the United States, there are laws governing business behavior when they have recorded expenses (checks, bills, etc) which are never withdrawn or deposited.  A business is required to turn over these funds after a certain time frame to the state government as a part of their business tax cycle.  (One caveat- these laws vary in age by state, and 13 years is a long time.  You might still be out of luck for an amount so old..) There are even businesses which have cropped up to search for \"\"lost money\"\" (for a fee, of course) that your great uncle might have left behind and which now sits in a government holding account somewhere.  It's not necessary to go through the third parties though, because the United States posts this information for the world to see.  A good starting place is: USA.gov Unclaimed Money Tool Do as much legwork there as you can.  You could even attempt to contact the former employer (you said the business accounts still exist) and in a very friendly, non-confrontational manner ask them what their procedures are and would have happened to your paycheck funds.  As others have stated, they are under no legal obligation whatsoever to fix your problem for you, but who knows, you could get lucky and they might voluntarily help you out!  You're looking for information not cash, so politeness, patience and understanding are your tools. If all else fails, you could try one of these 3rd party services.  Here you run into diminishing returns as paying fees to search for money which might not exist just puts you further in the red.\""}
{"_id": "43386", "title": "", "text": "This is unfortunately what happens when people just blindly post something to reddit without knowing what they are talking about. A post of this type is more along the lines of what you see typically posted in /r/occupywallstreet - not that I have anything against Occupy, but far too often you have neckbeards that post things there that are little better than left-wing tabloid journalism that is often no better than the likes of Fox News."}
{"_id": "43387", "title": "", "text": "Not applicable.  Or, at least totally unrealistic.  Lots of assumptions about returns, no discussion of time frames, and no discussion of volatility.  If it's a personal choice you wouldn't do it this way, plus there are other factors to consider.  As far as the math of the question, you use a discount rate that allows you to account for alternatives, typically a RFR, but again, that doesn't apply to an individual quite in the same way since it's not a debt vs equity question."}
{"_id": "43389", "title": "", "text": "Try to choose less perishable items.  Besides canned and bottled are adequate for some foods, and frozen foods for a wider range, such as vegetables and prepared foods.  Dairy has a limited life, but some types live longer, like yogurt.  Fruits like apples and oranges will last a good deal longer in the fridge (bananas too, but the peels discolor).  Bread items and leafy vegetables just won't keep long for fresh use; pick them up when you're actually about to use them.  (Keeping bread in the freezer for toasting works well, though.)"}
{"_id": "43396", "title": "", "text": "Get rid of the idea that monopolies are required. Arbiters and dispute resolution firms can replace courts, and actually already do for many large companies, since courts are absurdly slow and inconsistent. Police spend half of their money policing drug use and possession, despite the majority of people not wanting them even illegal. End the monopoly of police by government and we'll directly fund firms who enforce rules of each property. If your rules are absurd, nobody will go on your property. Businesses would have very reasonable rules and simple such as prohibition against violence and theft.  Your complaints against insurance are dwarfed by government's waste. They routinely fail their customers and then make us pay for the mistake. Consider the failure of 9/11. We pay $Trillions for a national defense more costly than the next 25+ countries combined, and then when they fail and allow hijackers to ruin several buildings, WE and our kids and grandkids pay for it in higher taxes. They double down. Insurance companies lose customers when they have bad policy and consumer advocacy groups draw attention to it. Government just says FUCK YOU and their bureaucracy and social momentum (govt schools ensure very high support for govt as an unquestioned monopoly) allow them to continue without much opposition."}
{"_id": "43397", "title": "", "text": "\"&gt;Fully half of the universe is making mediocre money, and no one talks about them. All anyone ever speaks of is CEO's and fund managers printing fucking billz.  No shit.   Just like most people with computer degrees, and in statistics, and engineering. But for some reason only finance has these problems?  &gt;Literally anything else. Programming is better, statistics is better, engineering is better. Fuck - go learn a trade. Even ignoring the outsized pay they are receiving, you can typically work for yourself, and you actually create shit  The millions of consulting and banking employees are humored that you think it'd be better for them to plunge toilets. But at least you admit they're paid better and you just don't \"\"like\"\" the field.  &gt;AND you dont have to spend 100K (SEC numbers) on a fucking degree.  100k? Mine was &lt;10. Most people's are in the SEC outside of Vandy and the morons who are out of state. They're some of the the best value in the country, given you actually get good grades and get a real job.  To summarize, you've done nothing but rant about how much you don't like the field, admitted they make a lot more, provided no real rationale why someone should not pursue this degree/field, and your suggestion is to be a Carpenter instead.  Just for more background, I'm a math/statistics major, one of your preferred options.   Yea, get the fuck out of here.\""}
{"_id": "43428", "title": "", "text": "\"Correct me if I am wrong, but Germany has a very extremely diversified economy. It does not depend primarily upon oil exports like other countries, but rather on very complex machinery and other finished products. So being locked upon a system that \"\"puts exports ahead of anything else\"\" from my perspective is not bad for the German economy. If an industry collapses, the whole country does not go into panic straight away like oil rich exporting economies.\""}
{"_id": "43432", "title": "", "text": "\"People in this case, are large institutional investors. The \"\"bid ask\"\" spread is for \"\"small traders\"\" like yourself. It is put out by the so-called specialists (or \"\"market makers\"\") and is typically good for hundreds or thousands of shares at a time. Normally, 2 points on a 50 stock is a wide spread, and the market maker will make quite a bit of money on it trading with people like yourself. It's different if a large institution, say Fidelity, wants to sell, say 1 million shares of the stock. Depending on market conditions, it may have trouble finding buyers willing to buy in those amounts anywhere near 50. To \"\"move\"\" such a large block of stock, they may have to put the equivalent of K-Mart's old \"\"Blue Light Special\"\" on, several points below.\""}
{"_id": "43438", "title": "", "text": "I do wonder if part of this is a phenomenon I've seen numerous times in the US:   Woman gets pregnant, barely shows up to work for the next 5 months until birth, camps out on FMLA for three months before simply ignoring any communications from the company for the next several months. Finally, a good 6-8 months after the birth she notifies the company she won't be working anymore. Meanwhile, she's been getting insurance benefits the entire time and HR is too afraid of a lawsuit to cut her loose.   Her position has either been unfilled the entire time (requiring her coworkers to cover her share of the work at expense of their own lives), or if the manager is more prescient than most, has already been backfilled, but is still in a blocking pattern preventing other hires but at least not making coworkers' lives miserable."}
{"_id": "43450", "title": "", "text": "Two points."}
{"_id": "43480", "title": "", "text": "Yeah, but i know guys who started off in the field doing hardcore manual construction and worked their asses off for years and finally got in the office. There are two of them in their younger thirties with no degree to speak of. They are both project managers who make over 100k a year. I am not saying everyone can do this, but sure is fucking possible to succeed without having to wait until you are fifty."}
{"_id": "43494", "title": "", "text": "There would be no point to claim the gift exemption because a gift from a spouse that you file jointly with wouldn't be considered income. It would be the same as if you moved money from one bank account to another."}
{"_id": "43497", "title": "", "text": "The general rule with stock options is that it's best to wait until expiration to exercise them.  The rationale depends on a few factors and there are exceptions. Reasons to wait: There would be cases to exercise early: Tax implications should be checked with a professional advisor specific to your situation. In the employee stock option plans that I have personally seen, you get regular income tax assessed between exercise price and current price at the time you exercise.  Your tax basis is then set to the current price.  You also pay capital gains tax when you eventually sell, which will be long or short term based on the time that you held the stock. (The time that you held the options does not count.)  I believe that other plans may be set up differently."}
{"_id": "43508", "title": "", "text": "\"The examples you provide in the question are completely irrelevant. It doesn't matter where the brokerage is or where is the company you own stocks in. For a fairly standard case of an non-resident alien international student living full time in the US - your capital gains are US sourced. Let me quote the following text a couple of paragraphs down the line you quoted on the same page: Gain or loss from the sale or exchange of personal property generally   has its source in the United States if the alien has a tax home in the   United States. The key factor in determining if an individual is a   U.S. resident for purposes of the sourcing of capital gains is whether   the alien's \"\"tax home\"\" has shifted to the United States. If an alien   does not have a tax home in the United States, then the alien\u2019s U.S.   source capital gains would be treated as foreign-source and thus   nontaxable. In general, under the \"\"tax home\"\" rules, a person who is away (or who   intends to be away) from his tax home for longer than 1 year has   shifted tax homes to his new location upon his arrival in that new   location. See Chapter 1 of Publication 463, Travel, Entertainment,   Gift, and Car Expenses I'll assume you've read this and just want an explanation on what it means. What it means is that if you move to the US for a significant period of time (expected length of 1 year or more), your tax home is assumed to have shifted to the US and the capital gains are sourced to the US from the start of your move. For example: you are a foreign diplomat, and your 4-year assignment started in May. Year-end - you're not US tax resident (diplomats exempt), but you've stayed in the US for more than 183 days, and since your assignment is longer than 1 year - your tax home is now in the US. You'll pay the 30% flat tax. Another example: You're a foreign airline pilot, coming to the US every other day flying the airline aircraft. You end up staying in the US 184 days, but your tax home hasn't shifted, nor you're a US tax resident - you don't pay the flat tax. Keep in mind, that tax treaties may alter the situation since in many cases they also cover the capital gains situation for non-residents.\""}
{"_id": "43524", "title": "", "text": "The issue I run into with that is that it does nothing to change the cash flows over the five years because it doesn't change any of the numbers across the board. This course has the worst worded assignments I have ever seen and I appreciate your assistance."}
{"_id": "43526", "title": "", "text": "Simply static support or resistance levels are ones that do not change with time. Two examples include horizontal lines and trend lines. Dynamic support or resistance levels are ones that change with time. A common example of a dynamic support/resistance are Moving Averages."}
{"_id": "43527", "title": "", "text": "\"Soo... I guess you are out of arguments? FWIW, I would like to see the cost of medical services become so cheap that people don't need \"\"health care\"\".  I know Universal health care proponents hearts are in the right place, but the data is showing me a different story. I know I am a minority here and we will probably end up with universal health care, and that it won't work and we will see a bubble just like sub prime when they tried to provide greater access to housing, just like college tuition where we tried greater access to education. A lot of people will be hurt when this market crashes and I don't want that. Maybe then we will learn that market forces and competition aren't evil?  Or maybe It will just be blamed on rich people again. 'Till then I guess I'll just be your token heartless bad guy. But Really I am not. Good luck.\""}
{"_id": "43534", "title": "", "text": "You should be aware of the implementation of daily fuel price policy on June 16th 2017. Nowadays, petrol and diesel price are reflecting on a daily basis according to the international market situations and the price fluctuation of USD to Indian National Rupee (INR). So, it would not be easy for customers to find the genuine real-time petrol price without an authentic tool or mobile app."}
{"_id": "43541", "title": "", "text": "\"I don't know. Chinese purchasing power has been steadily advancing. I think that it's a \"\"total cost of goods\"\" thing. The total cost to manufacture, package, ship, warehouse, pay import/export taxes, etc... all of that must be at a tipping point such that US is now the cheaper option.  Just because we can spend more wouldn't by itself force the relocation of a factory, the input costs would have to be reduced to make the economics work. It's the exact opposite wage-driven circumstance that resulted in factories being off-shored in the first place.   To repatriate manufacturing jobs, the only thing that would have changed in any dramatic way would be the direct manufacturing wages.\""}
{"_id": "43544", "title": "", "text": "There are a number of factors here. 1) It's important that there is human oversight on the system. At one level someone needs to be monitoring the computers that manage the trading to be sure they are functioning. At another level someone needs to be making judgement calls on important but rare events: when you you suspend trading in a stock? When do you close the stock exchange entirely? It is alleged that unsupervised computer trades were at least partly responsible for the May 2010 selloff. Even if that's unproven, would you really want those unsupervised computers trading with each other for a couple of days? Or even for a couple of hours? 2) Providing 24/7 trading would increase the cost of running a stock exchange, but with only a tiny improvement in liquidity. 3) If the stock exchange ran 24/7 then traders would have to run 24/7. That would add hugely to the cost of trading. 4) The people who would really suffer would be day traders - because there would no longer be such a thing as a day trader. If you were a sole trader then you would need to monitor your investments 24/7, or risk waking up in the morning to find one of your stocks had plummeted overnight."}
{"_id": "43547", "title": "", "text": "I would rate index futures, in particular the US index futures (e.g. the S&P 500 future) as the most liquid markets after the forex markets."}
{"_id": "43556", "title": "", "text": "we have little money in cash for a down-payment This is a red flag to me. If you have little money in cash for a down-payment, how are you supposed to be a landlord too?  You could try is to do a lease to own from your Dad. Get a renter into the other home for at least a year or more and then close on the house once your financial situation improves. You still have the same problem of being a landlord. Another option is to receive a gift letter from your Dad since he is gifting the money on the home. It might extend your closing a little bit so you can get an appraisal done and loan application. This to me is the most sane option."}
{"_id": "43561", "title": "", "text": "It's tough to justify downgrading any financial with such a strong balance sheet, and with rates going up.  They will literally just be printing money and their NIM is going to be consistently rising. Don't fight macroe-conomics, the sentiment is sentiment, but numbers don't lie."}
{"_id": "43571", "title": "", "text": "Sherlock Holmes?!?  Shit has to go public domain sometime.  The saying is there's nothing new under the sun and that's true.  Everything is built on the work of others.  Music, literature, painting, sculpture, science, industry, everything.  By keeping works out of the public domain for so long, we stunt our culture.   Copyright terms need to be reigned back in and set at a reasonable amount of time."}
{"_id": "43573", "title": "", "text": "If stopping the 401k contributions temporarily would get you out of debt faster and also stop you from having to take out more student loans, then stop the contributions right now. You can always put some money into regular savings for emergencies etc - in fact, you should - but given a choice between deferring further contributions to your retirement and deferring the (hopeful) increase in income you get when you graduate, definitely choose the former. That of course also means that you don't take off a few semesters from studying to make money to put into a 401(k)."}
{"_id": "43575", "title": "", "text": "We tell you how your body is evolving and how your baby develops in your belly; we give you healthy eating tips for future moms, you have to stopping pregnancy pills for your healthy baby. we explain all the disorders or small inconveniences that you can face, both physical and psychological, and we give you the keys to solve or reduce them."}
{"_id": "43579", "title": "", "text": "Any actual evidence?  From what I've read, all the testimony has been roundly discredited.  You're very hip and edgy for calling me an Armstrong fanboy, but I'm just looking for actual evidence while you keep saying he needs to prove himself innocent instead of the accusers proving him guilty.  Morally bankrupt.  That's what your technique is."}
{"_id": "43592", "title": "", "text": "Yes, it does. Housing will not satisfy the overburdening population in years to come. Housing, jobs, cost of living, and rising populations have been problematic for generations.  You could just blame your parents for having you.   Perhaps you are in denial. You certainly choose to spend more time feuding and arguing on reddit than any other attempt to contribute anything to society that benefits more than just yourselves."}
{"_id": "43594", "title": "", "text": "The key is to shift the tax burden to the rich and the assets they own that earn money from your economy.  Once you do that, the debt is just a measure of how much of the money that was created so the rich could earn more of it and get richer do some rich have to pay to the other rich at some point in the future.  There isn't a reason to care about that.  Right now, because we haven't done that, we need to keep creating debt to keep pumping new money into our economies to keep them running.  The alternative is letting them stop running.  That's not a good option."}
{"_id": "43603", "title": "", "text": "Get an education. A bachelor's degree preferably, but AA or even a certificate are fine too. It will increase your earning potential significantly and over your lifetime it will earn you a lot of money.  You make around $30,000 a year now, median salary for someone with a bachelors in the humanities is around $45,000. If you degree is in the STEM field, that goes up to $55,000 - $65,000 range. Second best option is to start a small business of some kind that does not require substantial investment. Handyman comes to mind as an example or some sort of billing service maybe? I would not recommend self directed investment in the stock market - most people lose money and since you don't have a lot of money to invest, commissions and fees will eat up a significant portion of it. I would usually recommend a CD but interest rates it's not really worth it."}
{"_id": "43614", "title": "", "text": "\"There are several types of financial advisors. Some are associated with brokerages and insurance companies and the like. Their services are often free. On the other hand, the advice they give you will generally be strongly biased toward their own company's products, and may be biased toward their own profits rather than your gains. (Remember, anything free is being paid for by someone, and if you don't know who it's generally going to be you.) There are some who are good, but I couldn't give you any advice on finding them. Others are not associated with any of the above, and serve entirely as experts who can suggest ways of distributing your money based on your own needs versus resources versus risk-tolerance, without any affiliation to any particular company.  Consulting these folks does cost you (or, if it's offered as a benefit, your employer) some money, but their fiduciary responsibility is clearly to you rather than to someone else. They aren't likely to suggest you try anything very sexy, but when it comes to your primary long-term savings \"\"exciting\"\" is usually not a good thing. The folks I spoke to were of the latter type. They looked at my savings and my plans, talked to me about my risk tolerance and my goals, picked a fairly \"\"standard\"\" strategy from their files, ran simulations against it to sanity-check it, and gave me a suggested mix of low-overhead index fund types that takes almost zero effort to maintain (rebalance occasionally between funds), has acceptable levels of risk, and (I admit I've been lucky) has been delivering more than acceptable returns. Nothing exciting, but even though I'm relatively risk-tolerant I'd say excitement is the last thing I need in my long-term savings. I should actually talk to them again some time soon to sanity-check a few things; they can also offer advice on other financial decisions (whether/when I might want to talk to charities about gift annuity plans, whether Roth versus traditional 401(k) makes any difference at all at this point in my career, and so on).\""}
{"_id": "43625", "title": "", "text": "Have you ever heard of leapfrogging? It is actually easier and more economical to install the latest green tech than to build the infrastructure needed to use fossil fuels. The poorest counties will adopt green tech FASTER than in the states where there is a vast petroleum infrastructure and lobbying machine."}
{"_id": "43647", "title": "", "text": "I know this is rather late, but with your income it is almost certainly better for your mother to claim you as a dependent. I was in a similar situation this last year, I didn't get the full weight of the tax break because my taxes went down to zero with this exemption along with claiming myself as a dependent. I used Turbotax to run both our taxes both ways to verify, the difference was about 1000 dollars saved for my parents to claim me as a dependent vs claiming myself as a dependent.    If you are unsure it doesn't take long to run the numbers through Turbotax, TaxACT, or some similar software."}
{"_id": "43653", "title": "", "text": "Some companies offer discounts for shareholders. I believe Disney used to do so, for example; if your family was doing the Disneyland-every-year routine that could be a significant benefit."}
{"_id": "43662", "title": "", "text": "I took some time off actually... I was working a lot and pretty angry, and picked up some habits I wanted to wane myself off of. I basically took a mental health break. That was 4 months ago. I am moving next month and will start looking. Probably will also look bad not to be working, but I have some hobby projects that are public and active but probably would not change anything (I just finished reading the linked article).  I was planning on leaving a glass door review and reporting then after finding a new job. Actually still in touch with some old co workers from that job that also wanted to report them but apparently hadn't. The limitation on back pay is 7 years -- I wised up and did my best not to do OT, but there were others that worked 80 hour weeks and did not get paid for them and it made me livid.  That article had some practical points at the beginning but ultimately the negotiation tactics made me feel uncomfortable. I can understand that quality breeds quality but psychological tricks are dishonest... I suppose if I get jaded enough I might eventually change my tune. Also I do suffer from social anxiety, so saying I want to talk more instead of talk pay and escape is a peculiar type of torture...  But thankyou and I'll probably explore more of this guy's stuff and who he linked out of curiosity."}
{"_id": "43663", "title": "", "text": "OANDA has a free online tool (a Java applet) that will do what you're asking.  Description: Currency Graph FXGraph:   Plot the   change between two currencies over any   time period Make a customized graph of historical   exchange rates for two of over 190   currencies, for any time period since   1990.   [...] Visit Currency Graph | OANDA."}
{"_id": "43683", "title": "", "text": "If you have 100% of your money in one security that is inherently more risky than splitting your money 50/50 between two securities, regardless of the purported riskiness of the two securities. The calculations people use to justify their particular breed of diversification may carry some assumptions related risk/reward calculations.  But these particular justifications don't change the fact that spreading your money across different assets protects your money from value variances of the individual assets.  Splitting your $100 between Apple and Microsoft stock is probably less valuable (less well diversified) than splitting your money between Apple and Whole Foods stock but either way you're carrying less risk than putting all $100 in to Apple stock regardless of the assumed rates of return for any of these companies stock specifically. Edit: I'm sure the downvotes are because I didn't make a big deal about correlation and measuring correlation and standard deviations of returns and detailed portfolio theory.  Measuring efficacy and justifying your particular allocations (that generally uses data from the past to project the future) is all well and good.  Fact of the matter is, if you have 100% of your money in stock that's more stock risk than 25% in cash, 25% in bonds and 50% in stock would be because now you're in different asset classes.  You can measure to your hearts delight the effects of splitting your money between different specific companies, or different industries, or different market capitalizations, or different countries or different fund managers or different whatever-metrics and doing any of those things will reduce your exposure to those specific allocations.   It may be worth pointing out that currently the hot recommendation is a plain vanilla market tracking S&P 500 index fund (that just buys some of each of the 500 largest US companies without any consideration given to risk correlation) over standard deviation calculating actively managed funds.  If you ask me that speaks volumes of the true efficacy of hyper analyzing the purported correlations of various securities."}
{"_id": "43688", "title": "", "text": "\"Lol ok buddy. You googled some hysterical left wing editorials and I'm suppose to buy it as Trump being \"\"anti-science?\"\" They did that same shit with Bush and Reagan, and they'll do it to the next Republican president.   It's an obvious play right? Steve Bannon plays the role of Dick Chaney, the puppet master that allows you to believe that the president could be a fool. Then they start with the pissy pants blog posts about being \"\"anti-science.\"\" Sorry dude not working this time. The daily show snark left is on the outs and everyone knows it.  &gt; \"\"inversely proportional\"\"  Wow pedantic, boy if nothing is evidence of having won an argument it's when dudes start griping over definitions. Inversely proportional works just fine here.  &gt; \"\"won on income\"\" is just poor phraseology.  Nah, it was fine. You got it.   &gt; Most of your sentences above had poor grammar and, at first, I suspected some advanced Russian bot. But this is atrocious. Try to express yourself in complete thoughts. Read what you wrote ... it's complete garbage. I almost didn't respond at all since it doesn't deserve a response.  Aww now you are just trying to hurt my feelings. It's almost as if ad hominem attack is the last recourse of a defeated liberal. I believe it's acceptable to take whatever grammatical liberties necessarily when writing mocking prose. It is intended to be read as it is spoken.\""}
{"_id": "43704", "title": "", "text": "&gt; However, the linked studies are essentially irrelevant to your bombastic claims; they still fail to backup your idea that literally everybody who consumes cannabis is a degenerate who lives with his/her parents and works a minimum wage job and is a danger to society. That remains an unproven (and unprovable) assertion  First of all, I never said all. But it seems to be a pattern among redditors. There is a correlation, just not proof.  You also can't prove its not true either.   &gt;  My point was simply that your generalizations of marijuana consumers are spurious, close-minded and not based on any real research. You've yet to provide any counterfactual to that.  Do you think escaping reality by doing drugs all day everyday is a good way of dealing with your problems?"}
{"_id": "43715", "title": "", "text": "\"No no no no and no. Headline accuracy is VERY important. People don't read articles. That was true two decades ago, let alone in the web age.  The title could have easily read \"\"Survey of 2,000 US CEO's finds pay jump minimum Of 27 percent last year.\"\" Accurate, still gets point across.  Your explanation really concerns me because it excuses lazy and/or salacious journalism.\""}
{"_id": "43716", "title": "", "text": "\"We use Cater Allen for our business banking (recommended/introduced by our accountants so we've saved the standard \"\"minimum funds per month\"\" limit) which was set up all remotely - our accountants sent us the forms (which you can get from Cater Allen's site), we photocopied the identity documents (driving licence etc) and sent them off. Within a couple of weeks we had the account open. Cater Allen hasn't got any physical branches, so that's \"\"one way\"\" of working around the \"\"come into a branch\"\" solution - pick a bank without branches! Girobank (which became Alliance and Leicester Business Banking and then became part of Santander) used to allow all account creations remotely - but that was back in the 90s and I've got no idea if Santander still do. Since you've setup an Ltd company, you are probably looking for an accountant too (even if it just to do your year end or payroll) - ask them for their recommendations.\""}
{"_id": "43726", "title": "", "text": "Kuala Lumpur 26 June 2014, Axiata Group Berhad (Axiata) continued to gain momentum in the industry, taking top honours again at the Frost &amp; Sullivan\u2019s 2014 Asia Pacific ICT Award.  Axiata won the Best Telecom Group of the Year, for the 6th consecutive year.  This prestigious award is granted to the operator with a presence in at least 4 Asia Pacific markets that has shown exemplary growth and performance in 2013 in Asia Pacific through its investments in the region. Axiata Group also took home three awards in total with XL Axiata winning the Most Innovative Telecom Service Provider of the Year and Dialog Axiata was voted Best Emerging Market Service Provider of the Year.      To qualify for the Telecom Group of the Year category companies were studied on their growth and performance in 2013 in Asia Pacific through its investments in the region. Companies were studied on their revenues, product/service innovation, capabilities, subscriber growth and strength of regional footprint as well as overall contribution to the industry. As the group transformed its business by aligning itself with changing consumer preferences and technological advancements, the panel of judges was convinced with Axiata\u2019s all-round performance.     Dato\u2019 Sri Jamaludin Ibrahim, President and Chief Executive Officer of Axiata said \u201cWe are greatly honoured by the awards especially given the caliber of other players in the category. I thank the judges and Frost &amp; Sullivan for the recognition. The award reflects the great team that we have with us and is really a collective victory to be fully shared with all our employees across the group. It has been a tremendous five years for Axiata and this award is testament to that.\u201d     Serene Chan, Senior Industry Analyst, Asia Pacific ICT Practice, Frost &amp; Sullivan said, \u201cDuring CY2013, Axiata Group successfully adapted to the changing needs of customers, and as a result observed the highest subscriber growth among all telecom groups in the Asia Pacific region. Group\u2019s proportional subscribers grew by 22%, and proportional revenues grew by 5.6% at constant currency. It also showcased the highest operational profitability in the region by delivering EBITDA margin of 38.4%.     Most of its subsidiaries and associates improved their competitiveness and outshone their peers on most of the operational metrics. Robi, Dialog, Smart and Idea Cellular in particular showcased exemplary performance in their operating countries. The group continues to transform itself by aligning with changing consumer preferences and technological advancements, through several strategic initiatives and investments, and is continuously progressing towards its strategic vision to be the regional champion by 2015.\u201d     \u201cThe awards are an acknowledgement of the continued success of our operating companies in the region as well as an acknowledgement of the Group\u2019s progress towards its regional ambitions. I am very happy to see XL and Dialog being recognized and I would like to congratulate all XL and Dialog employees.  A special mention must be made in particular to Pak Hasnul Suhaimi and Dr Hans, for their very able leadership\u201d Dato\u2019 Sri Jamaludin Ibrahim concluded.     **ABOUT AXIATA**     Axiata is one of the largest Asian telecommunications companies. Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India and Singapore. In addition, the Malaysian grown holding company has stakes in non-mobile telecommunication operations in Thailand and Pakistan.     The Group\u2019s mobile subsidiaries and associates operate under the brand name \u2018Celcom\u2019 in Malaysia, \u2018XL\u2019 in Indonesia, \u2018Dialog\u2019 in Sri Lanka, \u2018Robi\u2019 in Bangladesh, \u2018Smart\u2019 in Cambodia, \u2018Idea\u2019 in India and \u2018M1\u2019 in Singapore.     The Group, including its subsidiaries and associates, has over 250 million mobile subscribers in Asia. The Group revenue for 2013 was USD5.8 billion. The Group provides employment to over 20,000 people across Asia. Axiata\u2019s vision is to be a regional champion by 2015 by piecing together the best throughout the region in connectivity, technology and talent, uniting them towards a single goal: Advancing Asia.     Axiata was awarded the Frost &amp; Sullivan 2009, 2010, 2011, 2012 and 2013 Asia Pacific ICT Award for Best Telecom Group and the Telecom Asia Best Regional Mobile Group 2010 and 2011 for its operations in multiple Asian markets.     **For further information on Axiata visit:**    [http://www.ranker.com/list/the-jakarta-globe-xl-axiata-axis-capital-group-merger-plans/abbyditter](http://www.ranker.com/list/the-jakarta-globe-xl-axiata-axis-capital-group-merger-plans/abbyditter)"}
{"_id": "43731", "title": "", "text": "I'm reminded of Say's Law (developed by Jean-Baptiste Say) which can best be reduced to: The market clears (i.e. there is always some price at which an item will sell in a market).  Full employment can always be obtained in any free market economy.  People may not be pleased, however, with their wage rate. There are, however, many deterrents to employment (at least in the US): These are just some I can think of off the top of my head.  I'm sure there are many others."}
{"_id": "43735", "title": "", "text": "\"Indeed. But it's worse than that. We now know that the brain continues to devolope well into the 20s and a college education might be less effective at age 18. Perhaps this is why businesses complain about not being able to find anyone with \"\"real world skills\"\". You think? They've been sitting in a class room for 16 years (or *more*). Other countries don't even start reading education until second or third grade!\""}
{"_id": "43747", "title": "", "text": "Giving a drug company a monopoly on a drug is essentially giving them the power to withhold the drug from people they don't want to have it, ie poor people.  When will this intellectual property charade end? Sharing and copying is distinctly human, to deny us the benefits of discovery is anti-human."}
{"_id": "43750", "title": "", "text": "This probably isn't worthy of being more than a comment, is not specific to your needs (other answers cover that better), and I am a big advocate of NOT owning property but investing the money in the markets instead (potentially higher rates of return), however, if I were going to buy a property I would do so sooner rather than later as a rise in interest rates is not a matter of if but when. Borrow now when it is cheaper to do so and lock in the rate by taking out a fixed rate mortgage - the rate might be higher than variable rate mortgages but their rates will go up above your fixed rate very quickly."}
{"_id": "43759", "title": "", "text": "&gt;taxes are too high to justify paying them before reinvesting the money in the economy.    Doesn't Trump's Tax Plan help alleviate this issue, especially with the whole bracket change? What about the loop-holes, why can't the government simply patch up all the loop-holes before they try to introduce something revolutionary as this?    -Curious student"}
{"_id": "43761", "title": "", "text": "Non-addictictive in the physiological sense, as in you won't suffer withdrawal symptoms with cessation of cannabis use, but that doesn't mean you can't mentally be addicted to it and/or suffer consequences from its use e.g. your life becoming unmanageable  Use opioids long enough and you will become addicted to it physically, that is a medical fact."}
{"_id": "43781", "title": "", "text": "@Victor above has provided a very good answer, I shall try and highlight some differences. The differences are specific to a country, however, it does offer some insight regarding the difference between investing in retirement fund vis-a-vis investing in stock directly: In many countries the retirement fund is mandated by the govt. and has to be invested in (in form of direct deduction from salary) ~ Investing in stock is up to the individual In many cases (if not most) capital gain/interest accrual in retirement funds are not taxable ~ Depending upon current laws capital gain (long term/short term) from stocks are taxable Retirement funds are managed and are (in general) more stable in their returns ~ Returns from direct stock investments are dependent on investment decisions of the investor Retirement funds tend to, (though this is very country specific) return somewhat less than market, as an example, in India Public Provident Fund (PPF)/Employee Provident Fund (EPF) return 8.68% tax free ~ As for direct investment on stocks, Nifty has returned approx. 17% CAGR over 15-20 years. Given the above, if you can invest in stock by taking informed calls and you have a good understanding of the financial markets and their underpinning and (probably) looking at long term investment, then investing directly in stock could fetch returns that might not be paralled by retirement funds. If on the other hand, if you feel investing in stock is not for you, then it probably is better to stick with retirement funds and other low risk investments. Either way, you probably have to (and may be you should) carry some portion of your portfolio as retirement funds."}
{"_id": "43786", "title": "", "text": "That is surprising, I can't even get them to take a Lowe's coupon.   I shop there a lot because it is closest to me and sometimes they are the only ones that have a certain thing but I don't like shopping there."}
{"_id": "43818", "title": "", "text": "I'm worried that as their production increases, the federal and state rebates will run out and add about $10k to the price of each car. The cap is 200,000 vehicles before the rebate phases out. At the current production rate(don't forget the Leafs, Volts and other offerings), all the Teslas, especially the entry level Model E, will get a substancial price hike."}
{"_id": "43829", "title": "", "text": "This is only going to be worse than Enron if the hackers decide to use or distribute their stolen data.  I haven't heard of any indicators they are yet -- its too hot (all three letter agencies are after them)."}
{"_id": "43830", "title": "", "text": "Executive search helps a lot of companies with their search appropriate applicants to take up the CEO position. That is because they have the skills to do the job right and are able to devote the right period of your energy. The agency can rest understanding that the matter is in capable hands. While it pays to employ an executive coaching firm that does have some qualifications in your industry, it is not specifically necessary to do so."}
{"_id": "43841", "title": "", "text": "\"Sun Tzu and Carnegie are fine for thinking about interpersonal exchange. But they aren't business books: What do i measure, why, and what does it mean; what does it mean to run a business. I think those are critical, and list of books should the capabilities you need  Strategy: \"\"Good to Great\"\", \"\"Esential Drucker\"\"   Planning: \"\"Pocket book MBA PM\"\"   Operations: \"\"The Goal\"\"   People management:...   Innovation:...   Finance:...\""}
{"_id": "43862", "title": "", "text": "People waive their constitutional rights all the time. As the other reply said, legally binding arbitration is a real thing. Ever get arrested?  You can waive your right to have an attorney present when talking to the police. You can waive your right to a trial of your peers and choose to have a bench trial instead. In PA the courts recognize your right to waive notice when signing a lease (so landlords can file for eviction immediately). Waiving your rights is very commonplace."}
{"_id": "43868", "title": "", "text": "If they all own common stock, no, everyone has to be treated equally.  There are also lots of protections against, say, A and B finding one shareholder to vote with them and using their 50.1% to grant themselves special rights.  there are a million ways you could do that - issue preferred stock to A, issue options to B, buy a service from A for $10mm, rent a basement from B for $10mm, etc. etc.  This stuff has to be prevented otherwise nobody would be willing to be a minority investor."}
{"_id": "43880", "title": "", "text": "This isn't good news. Unemployment rate went up and pay is still down. Projections were just overshot, that's all this is saying. You're literally thanking him for more people being unemployed/not working this month and for ensuring lower class workers aren't getting fair pay."}
{"_id": "43896", "title": "", "text": "&gt;If consumers don't abandon them after transgressions, then that is democracy.   And that would be bad, because democracy in and of itself isn't always an absolute good. If the majority of consumers don't abandon X store for bad policies against Y minority, *Y minority still gets screwed.*  That's why we have protected classes, a limited set of them based on biological factors and other criteria - so that businesses can't discriminate against people based on those factors.   The libertarian fantasy of a perfect free market only works in an ideal world with completely rational and good people. None of those things are actually the case."}
{"_id": "43902", "title": "", "text": "Well, it certainly has the first-mover advantage. I imagine Tesla has become pretty efficient in its production of electric cars and they are continuously driving down costs. As production expands, Tesla is gaining economies of scale, allowing it to produce electric vehicles for much cheaper than any other company might do with its patents. I think it would be difficult for new entrants to achieve the same quality and cost that Tesla does, even if they are using Tesla's patents.   Furthermore, Tesla and electric vehicles have become synonymous. If someone is going to buy an electric car, the first thing they are going to think of is Tesla. Owning a Tesla has become (and will likely continue to be) a bit of a status symbol, and because of that, I think they will probably always have the dominant position in the electric vehicle industry, and will likely be able to charge premium prices that competitors might not be able to justify. Similar to the way that despite the ubiquity of smartphones, Apple has a dominant position and an ability to charge premium prices. (Largely because Apple kind of drove the smartphone revolution)   Tesla wants the electric car market to grow as quickly as possible. The more money automobile manufacturers pour into electric cars, the less they will spend on cheaper, fossil-fuel vehicles. Secondly, as more companies start producing electric vehicles, more people will end up owning one, hence more infrastructure will be built to support those people, making owning an electric car a lot easier, hence increasing the value of a Tesla. Making electric cars accessible to the mainstream public is Tesla's ultimate goal, because they know they will likely always have the lion's share of that industry."}
{"_id": "43909", "title": "", "text": "More than you would think. I graduated with a MS in Finance last year, and it had a lot of what other people said - linear algebra, statistics...you need to know calculus 2 like the back of your hand, and a lot of cal 3 as well. The thing I found, even with a BS in finance, was that the amount of math in undergrad is FAR below the amount of math you need in even just the master's program."}
{"_id": "43913", "title": "", "text": ". Our customized steel building kits provides quality, flexibility, cost effectiveness and various customizations to accommodate various designs needs. We only use high quality steel for metal building and our expert team of technicians, designers and engineers ensure quality control in every step of the production of the building kits."}
{"_id": "43945", "title": "", "text": "\"&gt;Thank you LW. Some of the crime is committed without violence, but if the sheep ever complain, then the violence is right there to put the boot on their necks.   I would venture to say that far from \"\"some\"\", in fact the lion's share of crime is committed without (any apparent) violence (it also goes unprosecuted).  Overt (obvious/apparent) violence is the hallmark of the \"\"petty thief\"\" and the \"\"petty criminal\"\" -- it is a path of desperation that normally only yields trivial sums.  Bernie Madoff was a far more successful criminal than Bonnie &amp; Clyde; and the impact of his crimes was significantly higher and broader -- but he used ZERO violence, and naught but fraud.  And yet Bernie Madoff was a *piker* compared to the REAL criminal masterminds.  &gt;Fraud that is backed up by violence is violence.  Yes, I wouldn't dispute that... but very often the \"\"violence\"\" (or even the threat thereof) is almost entirely non-obvious (again Cf Madoff, Enron, WorldCom, and a host of others... ).  And the of course there are the government-based scams/schemes (which are significantly MORE profitable, and generally \"\"stable\"\" and non-risky for the participants -- heck, fractional reserve banking is {and always was} nothing more than a fraud {ala \"\"stone soup\"\"}, and yet the risk {especially of prosecution} is virtually zero.)\""}
{"_id": "43958", "title": "", "text": "Because Gary is basically a ghost town.  The crime rate is one of the highest in the country.  There are so many vacant buildings that the property tax incomes cannot begin to cover maintenance for the roads.  The schools are under control of the state because they are terrible.  There are almost no retail or restaurants left; except for a dollar store that gets robbed monthly and a few low-end fast food chains."}
{"_id": "43960", "title": "", "text": "Welcome to Golden Graphic Designs! My name is Sally, and I created this site to share my experience about graphic designing, marketing, business or my thoughts in general. If you like to receive free tips, then you'll love my site. Hope you enjoy your stay here!"}
{"_id": "43961", "title": "", "text": "\"Given that such activities are criminal and the people committing them have to hide them from the law, it's very unlikely that an investor could detect them, let alone one from a different country. The only things that can realistically help is to keep in mind the adage \"\"If something sounds too good to be true, it probably is\"\", and to stick to relatively large companies, since they have more auditing requirements and fraud is much harder to hide at scale (but not impossible, see Enron). Edit: and, of course, diversify. This kind of thing is rare, and not systematic, so diversification is a very good protection.\""}
{"_id": "43964", "title": "", "text": "Basically you need to use a time-value-of-money equation to discount the cashflows back to today. The Wikipedia formula will likely work fine for you, then you just need to pick an effective interest rate to use in the calculation. Run each of your amounts and dates though the formula (there are various on-line calculators to pick from, and sum up the values. You did not mention your location or jurisdiction, but a useful proxy for the interest rate would be the average between the same duration mortgage rate and fixed-deposit rate at your bank; it should be close enough for your purposes - although if an actual lawsuit is involved and the sums high enough to have lawyers, it might be worth engaging an accountant as well to defend the veracity of both the calculation and the interest rates chosen."}
{"_id": "43967", "title": "", "text": "\"Why would you file four K-1s for each partner? You file one K-1 per partner, on which you report the total of income attributed to that partner. It shouldn't and cannot \"\"vary\"\". There's no variables here, the income you report is the income already earned and attributed to that partner. What's there to vary? How you decide the attribution of income is governed by your operating agreement, the IRS only needs the bottom line.\""}
{"_id": "43973", "title": "", "text": "When all you have is a hammer...  It's not the marketers fault that the margins on their industry have been pushed to the point that cheesy planned obsolescence, 'value size' repackaging and other gimmicks are the go-to fads embraced by the product management teams.  They've no choice but to polish and rack the consumer-mindset-exploiting turds they're paid to shill.  What gets me is the generational divide in response to advertising.  The older generation can't help but trust it it seems.  Whereas, most younger folk I know simply cannot conceive why anyone would trust a product marketed to them- all the incentives seem fundamentally geared towards rip-off and exploitation.  Why play a rigged game if you can avoid it?"}
{"_id": "43974", "title": "", "text": "Have you considered a self-directed IRA to invest, rather than the stock market or publicly traded assets? Your IRA can actually own direct title to real estate, loan money via secured or unsecured promissory notes much like a hard money loan or invest into shares of an entity that invests in real estate. The only nuance is that the IRA holder is responsible for finding and deciding upon the investment vehicle.  Just an option outside of the normal parameters, if you have an existing IRA or old 401(k) or other qualified plan, this might be an option for you."}
{"_id": "43976", "title": "", "text": "Emergency funds, by the name it implies that they should be available on hand at a very short notice if needed. Conservation of principal (not withstanding inflation, but rather in absolute terms) is also a very important criteria of any kind of account that you will use to save the emergency fund. I would suggest the following breakup. The number in brackets signifies the amount of per month expenses that you can keep in that account. = total 6 months living expenses"}
{"_id": "43990", "title": "", "text": "CD's are not compressed. Later specifications added surround sound encoding, higher sampling rates and bit depths. Compression, especially lossy compression, is a different animal and some later formats may use some form of compression but the CD version of PCM encoding is not considered compression.  The spec was designed to exceed the range of normal human hearing and if properly implemented it's suitable for that purpose. There are a lot variations in terms of recording, mastering and playback in terms of the quality of the gear involved and the techniques used which is probably what the sentence you quoted meant (I.e.  CD Recorded on a cheap setup using default settings and playing it back on a budget consumer player might not sound as good as a vinyl record mastered by a pro and played back on a high quality pickup connected to an audiophile grade amplifier and speakers; and vice versa)"}
{"_id": "44006", "title": "", "text": "Could you perhaps expand on your reasoning behind wanting to take a loan in the first place? Why would you even consider taking a loan for as much as \u00a37,500 (or even much less) if you aren't planning on buying / investing in anything in particular, and you're not in a bad financial situation? If your account never drops below a hundred or two pounds, why would you need to loan money? Just get yourself a credit card, for those times when you might find yourself without money for a short while. But really, it sounds to me like you should be able to set aside a small sum of money every month and create your own savings buffer to cover these situations."}
{"_id": "44011", "title": "", "text": "They lobbied to get a monopoly on direct to buyer cars (no dealership), they also receive subsidies on each car, as they aren't affordable for consumers. Their goal is more to take over the electric car market, not to put consumer desires first. I'm probably going to hell for pointing this out, but I thought you could know."}
{"_id": "44015", "title": "", "text": "Most often, general dentists are referred to as family dentists but some believe there is considerable difference between the two. In Jamaica, a general dentist is the one that has enough training and skills for taking care of most fundamental requirements of people of all ages."}
{"_id": "44033", "title": "", "text": "I think you need to have paypal for eBay selling, just for one reason: people will avoid buying from you if they can't pay by paypal. It decreases significantly your selling."}
{"_id": "44037", "title": "", "text": "\"JohnFX and TTT provide excellent answers. Researching prices others have paid, being up front that you'll go buy a junker car to hold you over if they won't meet your price, and playing a few dealerships off of each other are all great tactics. In addition, I've got a few points about timing your purchase. If you're not desperate for a car, these can really help give you the upper hand in negotiations: Wait until the end of the month. Dealerships and individual salespeople usually have quotas that they're trying to clear, and the month is usually the standard cutoff. The last time I bought a car, the salesman made the mistake of mentioning, \"\"I don't usually work Thursdays, but I'll be in this Thursday.\"\" Thursday was the 31st - I inferred from this information that he hadn't made his quota for the month yet. So I came back on the 31st to negotiate, and managed to hammer out a pretty good deal. Wait until about an hour before the dealership closes to show up and shop. This gives you enough time to not be obvious about the tactic, but you'll definitely be holding them past their normal quitting time if you do much negotiating. The salesman will be  a little more inclined to make a deal so he can get home and have dinner. Bonus points if you can wait until a month that ends on a Friday!\""}
{"_id": "44058", "title": "", "text": "__________ _________ ____________ Therefore, I get the outcome I want.   The human brain must think: it can't stop.  If you don't believe me, try meditating.    The mental process of putting stuff in those blanks is called rationalization.  This is a bored mind who wants something.  If that mind is not particularly well disciplined, those things will get pretty unrealistic.   That is what has happened to your friend.  Landlords do not like drama.  They do like money.  Generally a landlord will be happy to take your money any reasonable way that they can achieve.  It sounds like either your landlord lost the ability to do credit cards, or he got sick of paying the 3% overhead, or some other overhead costs that may be higher because he does not have the right credit card merchant service.  For instance PayPal Here charges 2.70% flat, but a traditional swiper can cost up to $2000 a year in trumped up fees and charges.   As soon as the landlord calls the rent a debt, he has to take cash.  But in most places, rental is at-will, and the landlord can evict for any reason or no reason at all (except race, creed, color, national origin, family, running a daycare center and a few other protected reasons)...  and there's not a whole lot you can do about it.  Even for a lease he can trump up a reason.  Your friend would be wise to have a meeting of the minds with the landlord about how he'd like to pay.  Business is done by mutual consent, not non-consensual legal tricks.  I agree, I wouldn't do ACH either.   One problem with ACH (or credit) is the landlord can charge anything he pleases, and that's when they start sneaking in devious surcharges for things.  Once he's pulled the money out, you're really at a disadvantage to argue, since he already has the money. And it's really difficult to do a chargeback on part of a payment, so you end up having to chargeback the entire rent check, and now he can evict you."}
{"_id": "44059", "title": "", "text": "\"There's a market for single stock futures.  The market (however small) is OneChicago, \"\"an Equity Finance Exchange offering security futures products.\"\"  I don't know how easy access is for retail investors.\""}
{"_id": "44063", "title": "", "text": "Consider that however high your credit score gets, there is a 'worst piece of it'. The automated software will always report your 'weakest' two points, even if they are already at the top 0.0001% of everyone; that's just how it is coded."}
{"_id": "44085", "title": "", "text": "Don't take the car back! The dealership wants you to take it back to try and earn more money. Simply stated, the dealerships hate paid up front cash deals. They make money on the financing. So to call back and try to up their fee is them realizing their not making a large enough profit. Say thank you and move on. The deal is done!!"}
{"_id": "44089", "title": "", "text": "\"The way I approach \"\"afford to lose\"\", is that you need to sit down and figure out the amount of money you need at different stages of your life. I can look at my current expenses and figure out what I will always roughly be paying - bills, groceries, rent/mortgage.  I can figure out when I want to retire and how much I want to live on - I generally group 401k and other retirement separately to what I want to invest. With these numbers I can figure out how much I need to save to achieve this goal. Maybe you want to purchase a house in 5 years - figure out the rough down payment and include that in your savings plan. Continue for all capital purchases that you can think you would aim for. Subtract your income from this and you have the amount of money you have greater discretion over. Subtracting current liabilities (4th of July holiday... christmas presents) and you have the amount you could \"\"afford to lose\"\". As to the asset allocation you should look at, as others have mentioned that the younger you the greater your opportunity is to recoup losses. Personally I would disagree - you should have some plan for the investment and use that goal to drive your diversification.\""}
{"_id": "44101", "title": "", "text": "\"To other users save yourselves time, do not test any of the alternatives mentioned in this post. I have, to no avail. At the moment (nov/2013) Saxobank unfortunately seems to be the only broker who offers OTC (over-the counter) FX options trading to Retail Investors. In other words, it is the only alternative for those who are interested in trading non-exchange options (ie, only alternative to those interested in trading FX options with any date or strike, rather than only one date per month and strikes every 50 pips only). I say \"\"unfortunately\"\" because competition is good, Saxo options spreads are a rip off, and their platform extremely clunky. But it is what it is.\""}
{"_id": "44105", "title": "", "text": "Generally speaking the lower credit score trumps.  In the case you cite, the lower credit score will prevail.  However, you may need to do exactly that in order to qualify for the loan income wise.   There are two factors when obtaining a mortgage, really all loans, but more so with a mortgage:  the likeliness to repay (credit score),  and your ability to service the debt.  This last one is a combination of income and debt-to-income ratio. If you don't have enough income to qualify for the loan or fail to meet the debt to income ration, you may have to use your GF's income to qualify despite her poor credit. You might want to see past posts about buying property with non-spouses.  It could work, but generally it requires a lot of legal work before closing on the deal.  Avoiding this will lead to tales of woe."}
{"_id": "44110", "title": "", "text": "I bought my first car on eBay. I took a bus to go pick it up two states away with a cashier's check. I was in college and had enough money with me to buy a couple table of gas and a couple cheap meals, but not enough for a bus ride home. The guy selling the car showed up at the bus station and gave me the keys. The car was in excellent shape.  As you can imagine, this was around 2002 or so. Can you imagine trying that now?  Oh, Amazon was actually founded before eBay. They were just a bookstore, of course."}
{"_id": "44113", "title": "", "text": "Are you sure the payment has actually posted and isn't sitting in a pre-auth status?  If it is, it'll fall off in a few days and they're probably telling the truth. If not, and it has fully posted to your account, I agree with the others.  It's very appropriate to initiate a chargeback.  You can provide documentation showing they confirmed a cancellation, further, you can show proof that they had no intent of charging you. Good luck!"}
{"_id": "44115", "title": "", "text": "Fair enough, but the MSF program is still quant heavy. Probably not to the same degree, but I would imagine it would challenge you in some ways, particularly if you got into a top tier institution (i.e. Princeton or MIT)."}
{"_id": "44118", "title": "", "text": "\"I think it's a silly statement. If you are prepared from the start that you might lose it then you shouldn't invest. You invest to earn not to lose. Most often losses are a result of fear.  Remember you only lose when you sell lower than you bought for.  So if you have the patience you will probably regain. I ask my clients many times how much do they want to earn and they all say \"\"as much as possible\"\". Last time I checked, that's not an objective and therefore a strategy can't be built for that.  If there is  a strategy then exiting a stock is easy,  without a strategy you never know when to exit and then you are exposed to  bottomless losses. I've successfully traded for many years with large amounts of money. I made money in the FC and in the bubble, both times it wasn't because I was prepared to lose but because I had an entry and exit strategy. If you have both the idea of investing what u are prepared to lose has little value.\""}
{"_id": "44145", "title": "", "text": "Car rental chains are so dependent on location/airport... I could tell you that I prefer Budget, cheap, easy to deal with, great cars, etc., but someone could reply to me and tell me Budget murdered their dog.  But with that said, I do prefer Budget in most areas... even if my first car choice isn't available, they have other great options:  1. Mustang convertible 2. Mustang 3. Charger RT 4. Camaro  Those are my preferences with them (in order).  Be warned though if you've never been in a Camaro... a Mustang feels like a fucking Suburban compared to a Camaro."}
{"_id": "44150", "title": "", "text": "\"My solution when I lived in Singapore was to open an account with HSBC, who at the time also had branches in the US. When I was home, I used the same debit card, and the bank only charged a nominal currency exchange fee (since it never had to leave their system, it was lower than had it left their system). Another option, though slightly more costly, is to use Paypal. A third option is to cash-out in CAD and convert to USD at a \"\"large\"\" institution - the larger your deposit/conversion balance, the better the rate you can get. To the best of my knowledge, this shouldn't be taxable - presuming you've paid the taxes on it to start with, and you've been filing your IRS returns every year you've been in Canada.\""}
{"_id": "44152", "title": "", "text": "Couple of points about being a consultant in the US: It sounds like the rules for what you can deduct may be more lax in Italy.  For example, you can deduct a certain percentage of your home for work but the rules are relatively strict on your use of that space and how much is deductible.  Also things like clothes, restaurants, phones, car use, etc must follow IRS guidelines to be deductible.  This often means they are used exclusively for work and are required for work.  A meal you eat by yourself is not generally deductible, for example.  Any expense you would have had anyway if you were not working is generally not deductible. A contractor in the US can organize in various ways, including sole proprietorship, an S-corp, and a C-corp.  Each has different tax and regulatory implications.  In the simple case of a sole proprietorship, one must pay not only regular income tax but also self-employment tax, which is the part of social security and medicare tax normally paid for by one's employer.  Estimated taxes must be paid to the government quarterly and then the actual amount due synced up at the end of the year (with the government sending you the difference or vice versa). Generally speaking contractors may set aside more money pre-tax for retirement and have better investment options.  This is because solo 401(k) retirement accounts are cost-effective and flexible and the contractor can set aside the full $18K pre-tax as well as having the company contribute generously (pre-tax) to the retirement account.  Contractors can also easily employ spouses and set aside even more. The details of how frequently you are paid as a contractor and how much notice (if any) the company must give you before terminating your relationship are negotiated between you and the company and are generally pretty flexible.  You could get paid your whole year salary in a lump sum if you wanted.  The company that is paying you will not normally give you any benefits whatsoever...in this way it is the same situation as it is in Italy. By the way the three points you mention in your edit are definitely not true in the US."}
{"_id": "44164", "title": "", "text": "Million Dollar Marketing Machine is a top tier business venture that offers the new business owner the opportunity to make large sums of money earning money in sums greater than $500 per transaction.  The financial transactions can be as high as $12,000.  Each business owner collects their own money and they have the opportunity to have their own websites set up by the company of Million Dollar Marketing Machine.  Previously known as Million Dollar Marketing Formula.  Affiliation to the Pizza Box Business."}
{"_id": "44177", "title": "", "text": "In onze webshop ziet u meerdere haardhout soorten, waardoor het best lastig kan zijn om een goede keuze te maken. Er wordt met name onderscheid gemaakt in de zachtere en hardere stookhout soorten. De zachtre soorten kenmerken zich doordat ze lichter van gewicht zijn en daardoor makkelijker en wat sneller branden. De hardere soorten zijn zwaarder en branden wat trager."}
{"_id": "44187", "title": "", "text": "You can't max out your retirement savings. There are vehicles that aren't tax-advantaged that you can fund after you've exhausted the tax-advantaged ones.  Consider how much you want to put into these vehicles.  There are disadvantages as well as advantages.  The rules on these can change at any time and can make it harder for you to get your money out. How's your liquid (cash) emergency fund?  It sounds like you're in a position to amass a good one.  Don't miss this opportunity. Save like crazy while you can.  Kids make this harder. Paying down your mortgage will save you interest, of course, but make sure you're not cash-poor as a result.  If something happens to your income(s), the bank will still foreclose on you even if you only owe $15,000.  A cash cushion buys you time."}
{"_id": "44192", "title": "", "text": "\"You gotta stop using that \"\"overhears\"\" argument. It's ridiculous. First of all it doesn't work like that because most trades get filled internally or through dark pools and secondly the HFT is taking risk for that 2 cents. Also, they don't hold it, they gotta offload it, so the price will go back down. Finally, this only affects people making huge orders and this is pennies to them. This is not a free lunch for HFT since those 2 cents have risks associated.  Think of it another way: some HFT dudes have some programs that run really fast, and they make some minuscule amounts of money; think maybe a few k a day. But, they do do something useful: they let you enter/exit positions at a better price by reducing spreads.\""}
{"_id": "44202", "title": "", "text": "ITT: people souped about bankers losing jobs  In the article: back-office workers are projected as the majority job loss takers- so that is corporate finance, operations people.   These kinds of jobs are through the corporate world, and a frequent employer of many college grads"}
{"_id": "44204", "title": "", "text": "Depends on the type of documents, if they are just sales flyers you can email/post on website etc.  IF they are medial records or some other sensitive information you need to have something with access controls encryption and logging/auditing capabilities... Some places use sharepoint or just have a shared drive where the docs are stored."}
{"_id": "44207", "title": "", "text": "There is also much stricter immigration control in Scandinavia and you are not directly next to half a hemisphere of poor workers willing to enter illegally to take lower wages. Being culturally and ethnically homogenous, and having the political will to enforce strict immigration control help greatly here."}
{"_id": "44223", "title": "", "text": "The biggest risk is Credit Utilization rate.  If you have a total of $10,000 in revolving credit (ie: credit card line) and you ever have more than 50% (or 33% to be conservative) on the card at any time then your credit score will be negatively impacted. This will be a negative impact even if you charge it on day one and pay it off in full on day 2.  Doesn't make much sense but credit companies are playing the averages:  on average they find that people who get close to maxing their credit limit are in some sort of financial trouble. You're better off to make small purchases each month, under $100, and pay them off right away.  That will build a better credit history - and score."}
{"_id": "44224", "title": "", "text": "I mean there is always the possibility that occurs, but I think it is extremely unlikely. The network effect is extremely important in technology and even more so with money given liquidity. Bitcoin is the protocol (TCP/IP). Many of the blockchains that people are referencing are just another form of a database and they are not permisonless. It is the equivalent of the Internet versus an intranet."}
{"_id": "44241", "title": "", "text": "Yep you could do this if you lived in a certain area (small town, midwest, etc) and had a decent job. You couldn't pull this off in any of the major employing cities that everyone moves to like Seattle, D.C; L.A; etc."}
{"_id": "44256", "title": "", "text": "Yes, Paypal has such a button you can use, but to be clear, the money you receive is taxable income. Your website is providing 'value' to the readers, and while they may feel they are making a gift to you, it's earned income as far as the IRS is concerned.  (This assumes you are in the US, you may wish to add a tag to indicate your country)"}
{"_id": "44258", "title": "", "text": "You need to know that the loan will cost you additional money every month. You need to know how you are going to pay that overhead in addition to what you're already paying. The best answer is to reduce your spending to build up a reserve you feel comfortable with, and then NOT spend that reserve except in emergencies. If you need a short-term answer, I'd suggest borrowing from relatives. Failing that, I'd suggest talking to a bank about establishing a line of credit but NOT drawing upon it until and unless you have Absolutely No Other Choice. That gives you a preapproved option when you need it at (usually) a much, much better rate than credit cards... without costing you anything until and unless you actually do need the money, and (if you don't have it set up to kick in automatically on overdrafts) without making it so easy to get to that you're tempted to use it before you must."}
{"_id": "44267", "title": "", "text": "&gt;I'm gonna go ahead and drop this, because obviously your preference is for nobody to show up and lend a hand to anyone, as nobody is benevolent.   That is a ridiculous statement. I have no idea how you come to this conclusion. You make the assumption that because I don't approve of theft, that means I want no one to help anyone. That's insane! But not surprising from someone who makes a living from that theft."}
{"_id": "44283", "title": "", "text": "\"So a guy that went to a shitty college moved to an $800 plus per month apartment in Manhattan to be an actor and applied for low skill jobs near minimum wage. That's the shittiest plan I've ever heard.  \u201cWhen I first walked into Express, I said, \u2018Oh my God, this place is awesome and there\u2019s music and it looks like a happening place\"\".  Anyone want to claim that he's not an idiot?\""}
{"_id": "44324", "title": "", "text": "\"Or not have done it within public memory of the BOA fees and GoDaddy.  I still am not seeing the \"\"big idea\"\" with auto bill pay...do they want unrestricted access to people's bank accounts?  Bill first, ask questions later?\""}
{"_id": "44327", "title": "", "text": "&gt;Coal is already dead because of natural gas       I don't believe you.     &gt;The usa sits on 28% of total global coal reserves. 260 billion short tons of recoverable coal reserves.    &gt;Despite significant U.S. coal production since the industrial revolution, recoverable domestic coal reserves at current mining levels would last 222 years.     &gt;https://www.eia.gov/todayinenergy/detail.php?id=2930"}
{"_id": "44344", "title": "", "text": "By placing the property in her name, her share of it would also be considered an asset of hers should she ever be sued. If she gets married and later divorced, depending on if Michigan is a community property state or not (and a lot of other things), her ex might get 50% of her stake in the property."}
{"_id": "44349", "title": "", "text": "\"There's a huge difference between \"\"can an anverage person make a profit on the stock market\"\" and \"\"can an average person get rich off the stock market\"\". It is certainly possible for an average person to profit, but of course you are unlikely to profit as much as the big Wall Street guys.  An S&P 500 index fund, for instance, would be a pretty good way to profit.  People with high-powered tools may make a lot of money picking individual stocks, and may even make some choices that help them when the market is down, but it's difficult to see how they could consistently make money over the long term without the S&P 500 also going up.  The same applies, to varying extents, to various other index funds, ETFs, and mutual funds. I agree with littleadv that there is no single \"\"right\"\" thing for everyone to do.  My personal take is that index funds are a good bet, and I've seen a lot of people take that view on personal finance blogs, etc. (for whatever that's worth).  One advantage of index funds that track major indexes (like the S&P 500) is that because they are and are perceived as macro-indicators of the overall economic situation, at least you're in the same boat as many other people.  On one level, that means that if you lose money a lot of other investors are also losing money, and when large numbers of people start losing money, that makes governments take action, etc., to turn things around.  On another level, the S&P 500 is a lot of big companies; if it goes down, some of those big companies are losing value, and they will use their big-company resources to gain value, and if they succeed, the index goes up again and you benefit. In other words, index funds (and large mutual funds, ETFs, etc.) make investing less about what day-trading wonks focus on, which is trying to make a \"\"hot choice\"\" for a large gain.  They make it more about hitching your wagon to an extremely large star that is powered by all the resources of extremely large companies, so that when those companies increase their value, you gain.  The bigger the pool of people whose fortunes rise and fall with your own, the more you become part of an investment portfolio that is (I can't resist saying it) \"\"too big to fail\"\".  That isn't to say that the S&P 500 can't lose value from time to time, but rather that if it does go down big and hard and stay there, you probably have bigger problems than losing money in the stock market (e.g., the US economy is collapsing and you should begin stockpiling bullets and canned food).\""}
{"_id": "44354", "title": "", "text": "The answer in theory is yes. The answer in reality is no. Let me explain: Combine all of these lists and perhaps you could get a complete record."}
{"_id": "44360", "title": "", "text": "Government purchases of mortgages simply transfers the debt burden from households to the sovereign. Taxes pay sovereign debt (65% of whom are homeowners anyway). No debt has been restructured -- it's now paid via taxes instead of monthly mortgage payments -- and those paying include persons who responsibly avoided housing speculation. The U.S. has a debt-to-GDP ratio just shy of the critical point of 90%. Purchasing $10 trillion in mortgage debt (about a year of GDP) would put the U.S. on an inexorable path towards insolvency and inflation. There are all sorts of other risks (loss of a risk-free asset, moral hazard, nationalization of the housing industry, etc.) but this should make the point clear that it's not a good idea. There are only three ways to reduce debt: 1) default, 2) restructure, or 3) lower the real debt burden by de-valuing currency in which the debt is denominated."}
{"_id": "44361", "title": "", "text": "All CBD Fruit Strips are yummy organic product snacks that can go with you any place you go. Each Stretch Island All CBD Fruit Strip is equivalent to a large portion of a serving of natural product. It doesn't improve than that, with the exception of perhaps a genuine bit of natural product."}
{"_id": "44387", "title": "", "text": "I had read a book about finance, and it had mentioned that you can gain big profits from investing in the best companies in the most boring markets, like the funeral business for example. These markets are slow growing, but the companies pay a good dividend. Many books recommend investing in dividends because of the compound growth and stable income. Remember that at the end of the day, you should put the same amount of research into buying a stock as you would buying the entire company. With that being said, you may find a great company that may or may not offer dividends, but it should not be of great significance since you feel you are buying into a great company at a fair price. Though dividend growth is a great tool to use to see if a company is doing well."}
{"_id": "44398", "title": "", "text": "\"This information is clearly \"\"material\"\" (large impact) and \"\"non-public\"\" according to the statement of the problem.  Also, decisions like United States v. Carpenter make it clear that you do not need to be a member of the company to do illegal insider trading on its stock. Importantly though, stackexchange is not a place for legal advice and this answer should not be construed as such.  Legal/compliance at Company A would be a good place to start asking questions.\""}
{"_id": "44404", "title": "", "text": "\"I'm assuming you directed that question to me. I don't disagree with your question regarding a game.  But potentially causing financial ruin is not a game.  If everyone abused these laws our economy would come to a stand still due to a total crisis of confidence.  Using Trump as an example:  [The Baja Condo fiasco](http://en.wikipedia.org/wiki/Trump_Ocean_Resort_Baja_Mexico).  Trump gets paid $500k up front to license his name (nothing wrong with that)  He also gets a percentage of future revenue (nothing wrong with that)  He tells buyers he \"\"is involved at every capacity\"\".  This is a lie.  People feel confidant and put down deposits of $200k-$300k.  [$22 MILLION in deposits are lost](http://articles.latimes.com/2012/oct/03/business/la-fi-trump-lawsuit-settlement-20121004) and the project fades away.  All the investors/people get nothing.  Trump made his $500k (possibly a LOT more)claims no responsibility and moves on.  If everyone did this - our markets would freeze up.\""}
{"_id": "44407", "title": "", "text": "Exactly. I love Android and it's hard for me to feel bad about the company that ruins it the most, and the most consistently, having a rough time of it. I know it's probably not because consumers know what stock Android is, but I like to imagine that people are picking up the One X and getting turned off by all crap that HTC has broken in the name of being different."}
{"_id": "44417", "title": "", "text": "\"Consider this thought experiment: Take 10 million people and give them each $3,000. Every day they each   purchase a random stock with all of their money. The next day they   flip a coin and if it's heads they do nothing, and if it's tails they   sell it and purchase another random stock. Repeat everyday for 5   years. After 5 years, you'll probably have many people that lost all of their money due to the fees they paid for each trade they made. A lot of people will have lost a little or won a little. Some people will have doubled or tripled their money, or even better. A very small number of people will have made \"\"millions\"\". Some of those small number of people that made millions will likely go on to write books and sell seminars on how to make money in the stock market.\""}
{"_id": "44423", "title": "", "text": "I'll say this right now.  There is absolutely no way he will go to prison for this.  As a former head of Goldman Sachs and a former governor, he's a very powerful man and has friends in politics and finance."}
{"_id": "44448", "title": "", "text": "http://www.socialsecurity.gov/retire2/agereduction.htm As a general rule of thumb on average you'll gain a similar amount of total money over time whether you start withdrawing early or not. Yes you get less money on each check, but you're also going to get more checks a whole since it's based on how long you live.  I personally don't try and adjust how I manage my money based on what decisions the government MIGHT make, but I also am fairly young so don't quite have the heightened concerns regarding social security others might have. I've pretty much always lived and invested assuming it wasn't going to be there at all by the time I retire."}
{"_id": "44451", "title": "", "text": "I really don't see where you've done that sufficiently, to be honest. Again, people work together to build great things entirely for non-altruistic reasons. Personal achievement is not an altruistic driver, its exactly the opposite. Its greed.  The fact that one would stick around to fulfill his need for personal achievement is only evidence that this person percieves the future pay out to be high.  What I'm guessing you'd like is a system based on arbitrarily assigned moral brownie points. Am I correct in assuming that?"}
{"_id": "44461", "title": "", "text": "\"Yes, you could buy a stock on the day of its IPO. I'm a college student, and I wonder if I can buy stock from a company   right after it finishes its IPO? Yes, you can. However, unless you are friends or family of an employee, chances are you'll be paying a higher price than you think as there is generally a fair bit of hype on most  IPOs that allows some people to \"\"flip them\"\" which means someone is buying at a higher price. If I am not allowed to buy its stocks immediately after they go on   sell, how long do I have to wait? Generally I'd wait until the hype dies down as if you look at most historical IPOs the stock could be bought cheaper later but that's just my perspective. And also who are allowed to buy the stocks at the first minute they   are on sell? Anyone but keep in mind that while an IPO may be priced at $x, the initial trades may be a few times that value and the stock may come down over time. Facebook could be an example to consider of a company that had an IPO at one price and then came down for a little while on its chart over the past couple of years.\""}
{"_id": "44474", "title": "", "text": "In a nutshell...in order to file for Chapter 9 bankruptcy, the city or county first has to actually be insolvent, the state has to give authorization for the city or county to file, and the city or county must have made an attempt to negotiate with creditors (bondholders, pensioners etc). Once those conditions are met, and they must be specifically met, the city or county files the bankruptcy petition and the automatic stay typically goes into effect shortly after. This stay basically allows the municipality to stop making payments on some of their obligations throughout the course of the bankruptcy case. Chapter 9 bankruptcies are usually very protracted, and very expensive. So fast forward a year or two, the creditors that are owed money have all been assigned to different classes by the bankruptcy court, with each class getting a specific recovery based on the type of creditor. The city or county has the sole right to propose a plan of reorganization. Some debts, such as a bond backed specifically by revenues generated by a sales tax, are usually considered special revenues and secured...those bondholders will have first priority on those revenues pledged to them throughout the bankruptcy process and are usually unimpaired. Other creditors, such as general obligation bondholders or employee pension plans, are usually considered unsecured and will not receive their contractually obligated payments during the bankruptcy process, and will likely have to take a haircut on the principal amount they are owed by the city or county. The municipality must be solvent in order to advance the plan of reorganization and exit the bankruptcy process, so quite often employee contracts are adjusted, services will be reduced, pension and OPEB promises to retired workers will be curtailed, and bonded debt is reduced to a manageable level. It's not pretty, and it is very expensive."}
{"_id": "44482", "title": "", "text": "I own less than 1BTC, and I think this is a bubble about to burst but it could go either way. After all, a small purchase of bitcoins three years ago paid for my brand new Toyota Sequoia this summer. You never know."}
{"_id": "44492", "title": "", "text": "Bitcoins are very liquid.  They can be sold or spent very easily.  And you don't depend on the banks being solvent to keep your Bitcoin funds, since you can keep them yourself in an offline wallet. I'm not sure what's the legality of Bitcoin in Russia, though."}
{"_id": "44494", "title": "", "text": "Oh yeah, it's SUCH a pain in the ass. /s  People just want things to be done for them. It took me all of 10 minutes to set up a new USAA checking/savings account last week, and another 10 online with a BofA rep to close down my account."}
{"_id": "44518", "title": "", "text": "Google Adwords, they really push local.  Set up a simple Wordpress blog and set up calls as conversions.  It should get you customers for just a few bucks per click.    Word of warning, Adwords can be costly if you don't know what you are doing.  Message me if you wanna know more."}
{"_id": "44521", "title": "", "text": "Try ThinkOrSwim by TDAmeritrade. It allows you to paper trade with a powerful trading platform. There's also a mobile app so you can trade on the go. Good luck!"}
{"_id": "44529", "title": "", "text": "maybe everyone who has responded needs to look closer at the income base repayment plan for student loans. What this means is he payment does not even cover his interest rate so each month he makes his payment the loan grows, does not decrease. This is not a simple interest loan which is irritating because car dealerships do not even use a non-simple interest loan any longer. So, well your suggestions are well intended what is your suggestion now knowing that his monthly payments is not reducing his loan but actually his loan is growing exponentially each month. I also like the comment where the average student loan is $30,000, I would like to know in what state that is. That may work for a community college or a student who is reliant on parents to supplement their income so they can go to classes, however for someone who is working and going to school that person must opt out for night classes and online classes which definitely increases the cost of your classes. Right now the cost per credit hour is in the $550- 585 range."}
{"_id": "44530", "title": "", "text": "Yes, and there's a good reason they might. (I'm gonna use equity options for the example; FX options are my thing, but they typically trade European style). The catch is dividends.  Imagine you're long a deep-ITM call on a stock that's about to pay a dividend. If that dividend is larger than the time value remaining on the option, you'd prefer to exercise early - giving you the stock and the dividend payment - rather than hanging on to the time value of the option.  You can get a similar situation in FX options when you're long a deep-ITM American call on a positive-carry currency (say AUDJPY); you might find yourself so deep in the money, with so little time value left on the option, that you'd rather exercise the option and give up the remaining time value in return for the additional carry from getting the spot position early."}
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{"_id": "44547", "title": "", "text": "\"The government forced JPM to buy Bear Stearns (essentially acquire its assets) otherwise the bank's liquidity would have faltered, which would have threatened the entire system (basically Bear Stearns couldn't service its own loans or leverage so it had to be bought otherwise those loans and leverage would appear as a default). Consequently the US government gave them the money to do it and forced them to do so, without regard to what JPM wanted to do. The government, the Treasury and the Fed then proceeded to attack JPM for being \"\"too big to fail,\"\" something that the government literally forced it to become. I'm not a banking apologist or a crazy libertarian (I would vote democrat if I lived in the US) but this is NOT accurate. The purchase of Bear Stearns was forced. It would've made more sense for JPM to just let Bear Stearns fail.  Following your analogy, it's actually more like you already having a million dollar house, while the government forces you to take money to purchase the derelict house across the street, while leaving you with the bill for amalgamating your properties into one huge estate. Then, the government tells you your property is too big, that you are a threat to the neighbourhood and have to subdivide all over again.\""}
{"_id": "44555", "title": "", "text": "\"Let me see if I can restate your question: are speculative investments more volatile (subject to greater spikes and drops in pricing) than are more long-term investments which are defined by the predictability of their dividend returns? The short answer is: yes.  However, where it gets complicated is in deciding whether something is a speculative investment. Take your example of housing.  People who buy a house as an investment either choose to rent it out (so receive \"\"rent\"\" as \"\"dividend\"\") or live in it (foregoing dividends).  Either way, the scale of the investment is large and this is often the only direct investment that people manage themselves.  For this reason houses are bound up in the sentimental value people attach to a home, the difficulty of uprooting and moving elsewhere in search of cheaper housing or better employment, or the sunk cost of debt that can't be recovered by a fire-sale.  Such inertia can lead to sudden sell-offs as critical inflection points are reached (such as hoped-for economic improvements fail to materialise and cash needs become critical). At different levels that is true of just about every investment. Driving price-volatility is the ease of sale and the trade-offs involved.  A share that offers regular and dependable dividends, even if its absolute value falls, is going to be hung on to more frequently than those shares that suffer a similar decline but only offer a capital gain.  For the latter, the race is on to sell before the drop neutralises any remaining capital gain the investor may have experienced. A house with a good tenant or a share with stable dividends will be kept in preference for the quick cash-return of selling an asset that offers no such ongoing returns. This would result, visually, in more eratic curves for \"\"speculative\"\" shares while more stable shares are characterised by periods of stability interspersed with moments of mania. But I have to take your query further, since you provide graphical evidence to support your thesis.  Your charts combine varying time-scales, different sample rates and different scales (one of which is even a log scale).  It becomes impossible to draw any sort of meaningful micro-comparison unless they're all presented using exactly the same criteria.\""}
{"_id": "44563", "title": "", "text": "Yes, work ethic is the key element.   I too hate to be negative but they have taken me on a couple run-a-rounds that were not pleasant.   The key is to micro-manage in an open room in cross-functional teams. The right hand feeds the left. Treating them like Americans works w/o raising salary by taking them to strip clubs or other entertainment that stimulates. But it's not easy."}
{"_id": "44574", "title": "", "text": "\"I agree with Grade 'Eh' Bacon's answer, but there are a couple of ideas that are relevant to your particular situation: If I were you, I would invest at least half of the cash in growth ETFs because you're young enough that market variability doesn't affect you and long term growth is important. The rest should be invested in safer investments (value and dividend ETFs, bonds, cash) so that you have something to live off in the near term. You said you wanted to invest ethically.  The keyword to search is \"\"socially responsible ETFs\"\".  There are many, and if this is important to you, you'll have to read their prospectus to find one that matches your ethics. Since you're American, the way I understand it, you need to file taxes on income; selling stocks at a gain is income.  You want to make sure that as your stocks appreciate, you sell some every year and immediately rebuy them so that you pay a small tax bill every year rather than one huge tax bill 20 years from now.  Claiming about $20600 of capital gains every year would be tax free assuming you are not earning any other money.  I would claim a bit more in years where you make a lot. You can mitigate your long term capital gains tax exposure by opening a Roth IRA and maxing that out.  Capital gains in the Roth IRA are not taxable.  Even if you don't have income from working, you can have some income if you invest in stocks that pay dividends, which would allow you to contribute to a Roth IRA. You should figure where you're going to be living because you will want to minimize the currency risk of having your money in USD while you're living abroad.  If the exchange rate were to change by a lot, you might find yourself a lot poorer.  There are various hedging strategies, but the easiest one is to invest some of your money in securities of the country you'll be living in. You should look into how you'll be converting money into the foreign currency.  There are sometimes way of minimizing the spread when converting large amounts of money, e.g., Norbert's gambit.  Shaving off 1.5% when exchanging $100k saves $1500.\""}
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{"_id": "44578", "title": "", "text": "\"I use TIAA-Cref for my 403(b) and Fidelity for my solo 401(k) and IRAs.  I have previously used Vanguard and have also used other discount brokers for my IRA. All of these companies will charge you nothing for an IRA, so there's really no point in comparing cost in that respect.  They are all the \"\"cheapest\"\" in this respect. Each one will allow you to purchase their mutual funds and those of their partners for free.  They will charge you some kind of fee to invest in mutual funds of their competitors (like $35 or something).  So the real question is this: which of these institutions offers the best mutual and index funds.  While they are not the worst out there, you will find that TIAA-Cref are dominated by both Vanguard and Fidelity.  The latter two offer far more and larger funds and their funds will always have lower expense ratios than their TIAA-Cref equivalent.  If I could take my money out of TIAA-Cref and put it in Fidelity, I'd do so right now. BTW, you may or may not want to buy individual stocks or ETFs in your account.  Vanguard will let you trade their ETFs for free, and they have lots.  For other ETFs and stocks you will pay $7 or so (depends on your account size).  Fidelity will give you free trades in the many iShares ETFs and charge you $5 for other trades.  TIAA-Cref will not give you any free ETFs and will charge you $8 per trade. Each of these will give you investment advice for free, but that's about what it's worth as well.  The quality of the advice will depend on who picks up the phone, not which institution you use.  I would not make a decision based on this.\""}
{"_id": "44593", "title": "", "text": "Looking at your dates, I think I see a pattern.  It appears that your statement closing date is always 17 business days before the last business day of the month.  For example, if you start at May 31 and start counting backwards, skipping Saturdays, Sundays, and May 30 (Memorial Day), you'll see that May 5 is 17 business days before May 31.  I cannot explain why Bank of America would do this.  If you ask them, let us know what they say. If it bothers you, find another bank.  I do most of my banking (checking, savings, etc.) with a local credit union. Their statements end on the last day of the month, every month without fail. (Very nice, in my opinion.) I have two credit cards with nationally known banks, and although those statements end in the middle of the month, they are consistently on the same date every month. (One of them is on the 13th; the other date I can't recall right now.) You are right, a computer does the work, and your statement date should be able to fall on a weekend without trouble. Even when these were assembled by hand, the statement date could still be on a weekend, and they just wouldn't write it up until the following Monday.  You should be able to find another bank or credit union that does this."}
{"_id": "44594", "title": "", "text": "\"First off, you generally want to park your emergency fund somewhere that is \"\"safe\"\", meaning something that is not subject to market fluctuations.  Your emergency fund is something you need to be able to count on when times are tough!  That rules out things like stock market investments. Secondly, you need to think about how quickly you will need access to the money.  If you have an emergency, odds are you don't want to be waiting around for weeks/months/years for the money to become available.  This rules out most fixed-term investments (Bonds, traditional CDs, etc). If you are concerned that you will need near-instant access to your emergency money, then you probably want to keep it in a Savings or Money Market Account at the same bank as your checking account.  Most banks will let you transfer money between local accounts instantly. Unfortunately, your local bank probably has pitiful interest rates for the Savings/MMA, far below the inflation rate.  This means your money will slowly lose value over time.  Be prepared to keep contributing to it! For most people, being able to draw the cash from your fund within a few days (<1 week) is sufficient.  Worst case, you charge something on your credit card, and then pay down the card when the emergency fund withdrawal arrives. If \"\"money within a few days\"\" is okay for you, there are a few options: Money Market (Mutual) Funds (not to be confused with a Money Market Account) - This is the traditional place to keep an emergency fund.  These are investment funds you can buy with a brokerage account.  An example of such a fund would be Fidelity Cash Reserves.  MMFs are not FDIC insured, so they are not exactly zero risk.  However, they are considered extremely safe.  They almost never go down in value (only a few times in the past few decades), and when they have, the fund manager or the Federal Govt stepped in to restore the value.  They usually offer slightly better return than a local savings account, and are available in taxable and non-taxable varieties. Online High-Yield Savings or Money Market Account - These are a relatively new invention.  It's basically a the same thing as what your local bank offers, but it's online-only.  No local branch means low overhead, so they offer higher interest rates (2.0% vs 0.5% for your local bank).  Some of them used to be over 5% before the economy tanked.  Like your local bank, it is FDIC insured. One bit of caution:  Some of these accounts have become \"\"gimmicky\"\" lately.  They have started to do things like promo rates for a few months, only offering the high interest rate on the first few $K deposited, limiting the amount that can be withdrawn, etc.  Be sure to read the details before you open an account! No-Penalty CDs - Certificates of Deposit usually offer a better rate than a Savings Account, but your money is locked up until the CD term is up (e.g. 36 months).  If you need to cash out before then, you pay a penalty.  Some banks have begun to offer CDs that you can cash out with no penalty at all.  These can offer better rates than the savings account.  Make sure it really is no-penalty though.  Also watch what your options are for slowly adding money over time.  This can be an issue if you want to deposit $100 from every paycheck. Rewards Checking Accounts - These are checking accounts that will pay a relatively high interest rate (3% or more) provided you generate enough activity.  Most of them will have requirements like you must have direct deposit setup with them, and you must do a minimum number of debit card transactions from the account per month.  If you can stay on top of the requirements, these can be a great deal.  If you don't stay on top of it, your interest rate usually drops back to something pitiful, though. Personally, we use the Online High-Yield Savings Account for our emergency fund.  I'm not going to make a specific recommendation as to which bank to use.  The best deal changes almost week to week.  Instead, I will say to check out Bankrate.com for a list of savings accounts and CDs that you can sort.  The Bank Deals blog is a good place to follow rate changes.\""}
{"_id": "44601", "title": "", "text": "The All Ords Index consists of the 500 largest companies by market capitalisation listed on the Australia Stock Exchange.  Each stock in the All Ords. Index is given a weighting based on its market capitalisation. As the price of the stocks within the All Ords. Index change, so does the points on the index itself.  The Index is more sensitive to changes in the larger capitalised stocks due to their larger weighting in the Index. Example: If a company has a weighting of 10% and its price goes up by 10%, and all other stocks in the Index don't go up or down, then this will cause the All Ords Index to go up by 1% (10% of 10%)."}
{"_id": "44603", "title": "", "text": "Sorry, it appears not, according to http://www.nysscpa.org/cpajournal/2008/508/perspectives/p12.htm: ...and the election to make Roth 401(k) contributions (these are after-tax contributions) is irrevocable.  Fairmark says the same thing. PS, don't complain too loudly, given the reason for the problem. :)"}
{"_id": "44609", "title": "", "text": "But not until we have shipped the last manufacturing job left in America there and then wondered why we did all that packing up and shipping over and training and learning new language and moving the family to Hong Kong and hating it there...only to make themselves look like heros by coming back from whence they never should have left."}
{"_id": "44613", "title": "", "text": "Have you ever noticed the fries in Canada taste so much better than the fries in the USA?   I believe it has to do with Canada's restriction on lard use or something, but I find fries at Canadian McDonald's to be so damned good..."}
{"_id": "44617", "title": "", "text": "\"There are no guarantees in the stock market. The index fund can send you a prospectus which shows what their results have been over the past decade or so, or you can find that info on line, but \"\"past results are not a guarantee of future performance\"\". Returns and risk generally trade off against each other; trying for higher than average results requires accepting higher than usual risk, and you need to decide which types of investments, in what mix, balance those in a way you are comfortable with. Reinvested dividends are exactly the same concept as compounded interest in a bank account. That is, you get the chance to earn interest on the interest, and then interest on the interest on the interest; it's a (slow) exponential growth curve, not just linear. Note that this applies to any reinvestment of gains, not just automatic reinvestment back into the same fund -- but automatic reinvestment is very convenient as a default. This is separate from increase in value due to growth in value of the companies. Yes, you will get a yearly report with the results, including the numbers needed for your tax return. You will owe income tax on any dividends or sales of shares. Unless the fund is inside a 401k or IRA, it's just normal property and you can sell or buy shares at any time and in any amount. Of course the advantage of investing through those special retirement accounts is advantageous tax treatment, which is why they have penalties if you use the money before retirement. Re predicting results: Guesswork and rule of thumb and hope that past trends continue a bit longer. Really the right answer is not to try to predict precise numbers, but to make a moderately conservative guess, hope you do at least that well, and be delighted if you do better... And to understand that you can lose value, and that losses often correct themselves if you can avoid having to sell until prices have recovered. You can, of course, compute historical results exactly, since you know how much you put in when, how much you took out when, and how much is in the account now. You can either look at how rate of return varied over time, or just compute an average rate of return; both approaches can be useful when trying to compare one fund against another... I get an approximate version of this reported by my financial management software, but mostly ignore it except for amusement and to reassure myself that things are behaving approximately as expected. (As long as I'm outperforming what I need to hit my retirement goals, I'm happy enough and unwilling to spend much more time on it... and my plans were based on fairly conservative assumptions.) If you invest $3k, it grows at whatever rate it grows, and ten years later you have $3k+X. If you then invest another $10k, you now have $3k+X+10k, all of which grows at whatever rate the fund now grows. When you go to sell shares or fractional shares, your profit has to be calculated based on when those specific shares were purchased and how much you paid for them versus when they were sold and how much you sold them for; this is a more annoying bit of record keeping and accounting than just reporting bank account interest, but many/most brokerages and investment banks will now do that work for you and report it at the end of the year for your taxes, as I mentioned.\""}
{"_id": "44632", "title": "", "text": "In a nutshell, not really.  That's the risk you take when you co-sign for someone.  The lender only made the loan because of the strength of your brother's credit, not your mother's, so his reputation (in the form of his credit rating) is going to take the hit because of his mother's behaviors. The one thing he can do is this:  The credit bureaus allow you to add a comment or explanation to your credit file which may be helpful, provided potential creditors read it, which is never a guarantee.  It's worth trying though, so suggest to him to look into it. Here's a link for him/you/anyone to look at that can help explain how this works and what effects it can have: Adding a comment to your credit file for negative items I hope this helps. Good luck!"}
{"_id": "44635", "title": "", "text": "Everything on Earth can go wrong. Including, god forbids, your MIL being hit by a bus the next day and your ex inheriting all of her belongings and none of her promises to you. This is a bad idea. What I would suggest doing would be for your MIL to buy your ex a cheap and simple clunker to move herself around without you being ever involved. If you still want to go into this adventure, I'd advise to do these things: A written contract with MIL that details all the terms and agreements. Cover the potential unfortunate events like the one I made up in the first sentence. A written contract with your ex about how and when she can use your car. Insurance to cover all the potential damages and liabilities she can cause, in your name, with her as additional insured. Be ready to bear all the costs associated with the car. You're not a co-signer in this scenario - you're the only signer. The dealership will come after you and you alone."}
{"_id": "44639", "title": "", "text": "\"&gt;Generally-speaking, I'm not particularly enthusiastic about strictly seniority-based pay and strictly seniority-based firing; it doesn't seem to make a tremendous amount of sense.  It wasn't supposed to \"\"make sense\"\" -- just as with other political things, the older, longer term members tend to participate more in union activities (having a significantly more *vested* interest); and medium term members can easily look forward to the day (not too far off) when they too will be in the position of seniority -- it is an inherently biased system.  Any pressures to end the seniority-based system are coming from outside the unions and -- bar an influx of a demographic \"\"bulge\"\" of new teachers of high-merit (which is unlikely) -- the unions are likely to continue to oppose any change (as they have so desperately tried in Wisconsin).\""}
{"_id": "44657", "title": "", "text": "The salary of a coal miner with a couple years of experience is $29/hour. Average salary at Disneyland is $14/hr.   Thousands of products are made from coal including pharmaceuticals, soap, dyes, solvents, plastics, nylon, and carbon fibers. Miners would still be needed even if coal wasn't used for energy."}
{"_id": "44666", "title": "", "text": "\"You could not have two stocks both at $40, both with P/E 2, but one an EPS of $5 and the other $10.  EPS = Earnings Per Share P/E = Price per share/Earnings Per Share So, in your example, the stock with EPS of $5 has a P/E of 8, and the stock with an EPS of $10 has a P/E of 4.  So no, it's not valid way of looking at things, because your understanding of EPS and P/E is incorrect. Update: Ok, with that fixed, I think I understand your question better. This isn't a valid way of looking at P/E. You nailed one problem yourself at the end of the post: The tricky part is that you have to assume certain values remain   constant, I suppose But besides that, it still doesn't work. It seems to make sense in the context of investor psychology: if a stock is \"\"supposed to\"\" trade at a low P/E, like a utility, that it would stay at that low P/E, and thus a $1 worth of EPS increase would result in lower $$ price increase than a stock that was \"\"supposed to\"\" have a high P/E. And that would be true. But let's game it out: Scenario Say you have two stocks, ABC and XYZ. Both have $5 EPS. ABC is a utility, so it has a low P/E of 5, and thus trades at $25/share. XYZ is a high flying tech company, so it has a P/E of 10, thus trading at $50/share. If both companies increase their EPS by $1, to $6, and the P/Es remain the same, that means company ABC rises to $30, and company XYZ rises to $60. Hey! One went up $5, and the other $10, twice as much! That means XYZ was the better investment, right? Nope. You see, shares are not tokens, and you don't get an identical, arbitrary number of them. You make an investment, and that's in dollars. So, say you'd invested $1,000 in each. $1,000 in ABC buys you 40 shares. $1,000 in XYZ buys you 20 shares. Their EPS adds that buck, the shares rise to maintain P/E, and you have: ABC: $6 EPS at P/E 5 = $30/share. Position value = 40 shares x $30/share = $1,200 XYZ: $6 EPS at P/E 10 = $60/share. Position value = 20 shares x $60/share = $1,200 They both make you the exact same 20% profit. It makes sense when you think about it this way: a 20% increase in EPS is going to give you a 20% increase in price if the P/E is to remain constant. It doesn't matter what the dollar amount of the EPS or the share price is.\""}
{"_id": "44685", "title": "", "text": "Borrowing money to pay living expenses will not last long. Also, banks and credit card agencies are very expert at detecting people who try to live off of debt (as you might expect) and they will cut you off completely as soon as they figure out what you are doing. As a general rule, if you go six months without paying a credit card or bank loan, you will be totally cut off from all sources of borrowing for at least 10 years and all your debt will be sold to collection agencies that will then start harassing you. Some collectors will sue you in a court of law and try to seize any assets you have, like a car. It is critical you find a source of income immediately."}
{"_id": "44686", "title": "", "text": "Great that you have WhatsApp - but make sure you can communicate with the tourists who have never heard of WhatsApp.   Just like you are on Reddit now, you know to use what tourists are using. The same is true for messaging.   Most western tourists are not going to have WhatsApp - tourists from Japan will have LINE and Americans, Europeans, and other Asians will have Facebook Messenger or iMessage (iPhone), Chinese tourists will use Baidu.   Get an account on the service your customer uses - though using messenger requires a smartphone and iMessage requires an iPhone."}
{"_id": "44702", "title": "", "text": "However, we would also like to include on our budget the actual cost of the furniture when we buy it. That would be double-counting.  When it's time to buy the new kit, just pay for it directly from savings and then deduct that amount from the Furniture Cash asset that you'd been adding to every month."}
{"_id": "44706", "title": "", "text": "Biopharmaceutical plants are defined according to various technological based models. However, in simple language biopharmaceutical plants are defined as the plants that produce pharmaceutical products using biotechnological concepts. Firstly, these were called as pharmaceuticals but in reality these are only the subsets of pharmaceuticals that include all the medicines with biological and chemical origins as they work with genes and recombinant proteins."}
{"_id": "44708", "title": "", "text": "As do other states. The state and national debts are created by big government politicians. Such as bloated civil services, pension funds, more borrowing instead of fiscally responsible. The USA federal gov keeps trillions of shadow debt off its books and downplays the actual unemployment rate."}
{"_id": "44712", "title": "", "text": "Come here expecting misogynist remarks.  Not disappointed.  When a dude can spit a watermelon through his pecker and return to work 3 months later, while said watermelon allows him to have no sleep, I will care about their expectations."}
{"_id": "44714", "title": "", "text": "Took it early in the Spring, got a 98th percentile. Got about 20 requests for my resume since then, but no responses back after I released it. Most of the firms asking for my resume were undisclosed.  Test is really easy. You are probably going to be surprised by how well you will do. I would take it, maybe you will have more luck than me in getting responses."}
{"_id": "44723", "title": "", "text": "I think I understand what you are saying. What I am confused about is the gov decision to give the $5 subsidy is because they believe the ppl that qualify for the subsidy are not able to meet the $10 price point, so then more ppl are able to pay that price. If the gov was giving ppl the subsidy that can afford to pay the $10 than I completely understand s price hike, but raising the price simply due to the existence of a subsidy certain ppl qualify for, just leaves us back to square one right?   On a side note, this is the major reason I am leaning more toward socialized medicine because those Econ theories (subsidy increasing prices) work for typical markets of goods and services ppl can walk away from. The thing is that you can't walk away from health care. I work in medicine and from my experience most ppl working in the field aren't there for just making $$. Investors for sure are there for only that, but I just don't see a pure capitalistic model giving us better health outcomes."}
{"_id": "44748", "title": "", "text": "\"I don't know about that, how would anyone ever get loans? Of course I might just be limited to \"\"in the box\"\" thinking of the idea that we even need loans to facilitate the economy. I think maybe 90% reserves 10% lending or some other mix other than right now its currently law (in the US) that banks hold only 10% of the money in accounts as reserve while they can lend out 90%. I don't think it was ever intended to keep eroding like it has to the point where its 1:9 savings:loaned .\""}
{"_id": "44768", "title": "", "text": "A SWIFT code helps but it is not always necessary. In the early 2000s I worked in Hong Kong.  All a Hong Kong bank needed to wire money to the USA was the ABA number, which was the check routing number from the bottom of a US check, the bank account number, and the name on the destination account."}
{"_id": "44802", "title": "", "text": "\"Some features to be aware of are: How you prioritize these features will depend on your specific circumstances.  For instance, if your credit score is poor, you may have to choose among cards you can get with that score, and not have much choice on other dimensions.  If you frequently travel abroad, a low or zero foreign transaction fee may be important; if you never do, it probably doesn't matter.  If you always pay the balance in full, interest rate is less important than it is if you carry a balance.  If you frequently travel by air, an airline card may be useful to you; if you don't, you may prefer some other kind of rewards, or cash back. Cards differ along numerous dimensions, especially in the \"\"extra benefits\"\" area, which is often the most difficult area to assess, because in many cases you can't get a full description of these extra benefits until after you get the card.  A lot of the choice depends on your personal preferences (e.g., whether you want airline miles, rewards points of some sort, or cash back).  Lower fees and interest rates are always better, but it's up to you to decide if a higher fee of some sort outweighs the accompanying benefits (e.g., a better rewards rate).  A useful site for finding good offers is NerdWallet.\""}
{"_id": "44803", "title": "", "text": "The bullshit here is people reposting this without reading what NASA fucking said. They didn't say anything about her being a crackpot and selling junk. They contradicted a statement claiming it has a material 'just like NASA spacesuits' that they do not use."}
{"_id": "44805", "title": "", "text": "PPC, better known as pay-per-click, is a web model wherein the advertisers pay a certain fees to the firm, every time their ad is clicked. PPC services, Noida, constitutes a major part of digital marketing services. If you are looking forward to book PPC services Noida, you must look for the above-mentioned advantages in order to hire the best firm like http://www.redwebraising.com/payper-click.php."}
{"_id": "44839", "title": "", "text": "2.5 months. Male, 200 lbs., 5'10. over 10,000 steps a day, soda drinker, Wax, yes a lot. The only other reason I can think of is I have kidney issues. I have quit multiple of times and it has always taken me a very long time to piss out my system."}
{"_id": "44843", "title": "", "text": "\"FYI, just found this (https://www.paypal.com/webapps/mpp/ua/useragreement-full#8) \"\"8.9 Currency Conversion Currency Conversion 2.5% added to the exchange rate The Currency Conversion spread applies whenever a currency conversion is required to complete your transaction. The exchange rate is determined by a financial institution and is adjusted regularly based on market conditions. Adjustments may be applied immediately and without notice to you. When your payment is funded by a debit or credit card and requires a currency conversion, you consent to and authorize PayPal to convert the currency in place of your debit or credit card issuer. You have the right to have your card issuer perform the currency conversion and can choose this option during checkout on your transaction review page before you complete the transaction.\"\" 2.5%!! Can this be true?\""}
{"_id": "44847", "title": "", "text": "Here is what I did and what I sent to my daughter...   Here is how to freeze your credit with the three reporting companies.  1.  TransUnion (easiest and free). Go to https://freeze.transunion.com. If the site is down, you may have to try later (like late at night). You will have to register on the site to do this. I think on this one you need to also give them your previous address. 2. Equifax (not so easy, but works online), costs $10 [note your cost may vary depending on your State]. Go to https://www.freeze.equifax.com. You will have to register. I think this the one does not require the previous address (because you have been in at our location for more than 2 years) even though there is a section for it.  3. Experian (toughest one to get done, website is currently broken), costs $10 [note your cost may vary depending on your State].  You will need to do it by phone (takes 12-15 mins to get through the menus). Call 888-397-3742. Note there are LONG silent periods, so do not hang up. If they do disconnect you, it should be right at the beginning, and you just have to call back. You will need to have your credit card number ready to enter at the end (and you need to key in the digits fairly quickly, do not pause once you start entering them), and it will ask for a four-digit expiration date (for example, Aug 2019 is 0819) on the card."}
{"_id": "44850", "title": "", "text": "&gt;Well, the one variable you're forgetting is that we didn't have as much debt hanging over our heads as we do now.   You're right, [they had more.](http://cdn.theatlantic.com/static/mt/assets/business/assets_c/2011/04/Debt%20Ceiling%20Ratio%20to%20GDP%20History-thumb-570x314-49340.png)   &gt;Are you sure that the Federal government should undertake that level of spending again as the Fed is poised to raise rates, reversing a decades long trend of cheap borrowing?  I'm am suggesting that there is level of government fiscal contribution that could lead to fuller employment."}
{"_id": "44855", "title": "", "text": "Also, does anyone know of any books on doing this sort of thing, i.e. renting out half of your home to a tenant and living in the ret? Head down to your local library. Mine has a state guide for renters and another one for landlords. There will likely be a lot of Nolo Press books around there too.  You can also research the property tax on a lot; many counties run an arcGIS server that will tell you who owns a given property, what the assessed value is and the total tax bill, etc."}
{"_id": "44887", "title": "", "text": "Heh, *holdouts.*  How about the *former users* who just don't want to play in the walled garden with its privacy problems, lack of authenticity, and novelty.  The value proposition, for me, proved to not be worth the hassle.  Facebook is an interesting platform, in theory, I just got bored with it.  **Social networking burn-out, perhaps?**"}
{"_id": "44895", "title": "", "text": "How much can I save? Depends on inflation and what other investment opportunities you have. It could end up costing you millions. Can I pay $12,000 extra once a year or $1000 every month - which option is better?  It depends on how risk adverse you are.  The first option does sound better, but for a 30 year mortgage, is it that significant? How much of your time is it going to cost you to do it every month? What is keeping you from doing it every day? How much is your time worth to you. Giving the bank its money sooner is always better than giving it it's money from a saving interest perspective. When is the best time to pay?  See above."}
{"_id": "44905", "title": "", "text": "Of course they are. How else are you supposed to keep people in check who can see how fucked up the system is and want to change it?  You [yoke them with debt](http://upload.wikimedia.org/wikipedia/en/c/c9/Charging_Bull_statue.jpg) and have them pull your economic empire forward, while pocketing the profits."}
{"_id": "44916", "title": "", "text": "Assuming that your friend is residing in India, any money that he returns to you cannot be deposited into your NRE (NonResident External) account; it must go into your NRO (NonResident Ordinary) account. You don't have an NRO account, only ordinary savings accounts in India that you established before leaving the country and becoming an NRI (NonResident Indian) ? Well, you are in violation of FEMA regulations and need to convert all those ordinary savings accounts into NRO accounts as soon as possible. Your bank will help you in doing this (by letting you hold ordinary accounts while you have NRI status, the bank too is in violation of FEMA regulations). With regard to taxation, unless you have created a paper trail by documenting the money sent to the builder as a loan to your friend, the entire amount (less INR 50,000 exemption) that your friend will return to you will be considered a gift from your friend to you, and it will be taxable income to you in India, and possibly taxable income to you in your country of residence, though there may be tax treaties that will let you pay taxes in one country only. If you do have a paper trail, then only the excess of what your friend returns to you is interest income to you; the bulk is just repayment of the loan principal, and is nontaxable. If you are residing in the US, I do hope that you have reported the fact that you had foreign bank account(s) totaling more than US$10K in value to the IRS and the US Treasury as per FBAR regulations; because if not, you have many more tax issues to worry about. The fines for not filing these reports are onerous."}
{"_id": "44917", "title": "", "text": "\"Assuming a price is set on an free market there are particular difficulties to pricing. A free market is one where the price is entirely determined by the willingness of people to buy and sell at a particular price point. What you perceive as price, is actually the \"\"tick\"\", i.e. the quote of the last transaction. The first and most serious major obstacle to pricing is a variation of the prisoners dilemma, a psychological phenomenon. For instance, bitcoin might be worth 4$ now, but you believe it will be worth 5$ in 3 days. Will you buy bitcoin? If acting only on your conviction, yes. But what if you consider what other people will do? Will others believe bitcoin will be worth 5$ in 3 days? Will they act on their conviction? Will the others believe that others believe that it wil be worth 5$ in 3 days, and will the others believe that the others who believe will act on their conviction? Will the others believe that others believe of still others who believe that they will act on their conviction? It goes on like this ad-infinitum. The actual behavior of any individual on the market is essentially chaotic and unpredictable (for the reason stated above and others). This is related to a phenomenon you call market efficiency. An efficient market always reflects the optimal price-point at any given time. If that is so, then you cannot win on this market, because at the time you would have to realize a competitive edge, everybody else has already acted on that information. Markets are not 100% efficient of course. But modern electronic markets can be very, very efficient (as say compared to stock markets fro 100 years ago, where you could get a competitive edge just by having access to a fast courier). What makes matters rather more difficult for price forecasting is that not only are humans engaging in the market, machines are as well. The machines may not be terribly good at what they do, but they are terribly fast. The machines that work well (i.e. don't loose much) will survive, and the ones that don't will die in short order. Since speed is one of the major benefits of the machines over humans, they tend to make markets even more efficient. Another phenomenon to price forecasting is that of information and entropy. Suppose you found a reliable method to predict a market at a given time. You act on this information and indeed you make a profit. The profit you will be able to achieve will diminish over time until it reaches zero or reverts. The reason for this is that you acted on private information, which you leaked out by engaging in a trade. The more successful you are in exploiting your forecast, the better you train every other market participant to react to their losses. Since for every trade you make successfully, there has to be somebody who lost. People or machines who lose on markets usually exit those markets in some fashion. So even if the other participants are not adjusting their behavior, your success is weeding out those with the wrong behavior. Yet another difficulty in pricing forecasts are black-swan events. Since information can have a huge impact on pricing, the sudden appearance of new information can throw a conservative forecast completely off the rails and incur huge losses (or huge unexpected benefits). You cannot quantify black-swan events in any shape or form. It is my belief that you cannot predict efficient and well working markets. You might be able to predict some very sub-optimal markets, but usually, hedge-funds are always on the hunt for inefficient markets to exploit, so by simple decree of market economics, the inefficient markets tend to be a perpetually dying species.\""}
{"_id": "44924", "title": "", "text": "I'll check them out   I'll ask though that he seems, from your synopsis to be criticizing how those in developed, 1st world, nations (especially educated it seems) to how these discrepancies came about but I didn't see anything about why they did. Why isn't it that educated Africans are ignorant as to why they are thriving while destitute white nations are not.   Chimps may pick better stocks but we aren't living under their rule. Educated people can certainly get things wrong but the overall culture and society they produce is far superior as evidenced but their success vs the lack thereof for African ones.   I don't see how South Korea falls into this? How is that analogous. Also not understanding how low growth and exploding populations in poor nations bolsters your argument."}
{"_id": "44940", "title": "", "text": "There is no tax liability for your brother in India as under gift tax,t there is no cap on amount. The transaction may be taxable to you in US, as there is a limit of USD 14000 per year per person."}
{"_id": "44953", "title": "", "text": "You're kidding right?  The only thing it will do is make the companies more aggressive in railroading the ones that make workers comp claims.  Or donate more to conservative pols.  Etc.  Read a little on union history and mining industry.  Investors and management are completely hostile to workers."}
{"_id": "44954", "title": "", "text": "&gt; but why would select Applebee's if you are longing for a steak?   In all seriousness? Because it's already 7:30, and you live in BFE, Flyover Country, and it's an hour's drive to anywhere nice. Because it's your ten year old's birthday, and he wants to take a half dozen friends out for his party, and none of them know any better. Because you're still getting paid 1997 wages on a 2017 cost of living. Because your mom raised you on a strict diet of Marie Callendar's and Hot Pockets, and you don't know any better than to pay steak prices for shitty sirloin. Because your girlfriend's mom also raised on her on shit food, and she makes yuck-faces at places where they put things like horseradish sauce, and rare prime rib, and roasted asparagus on the table. Because your five-year-old is just barely housebroken enough to eat in a restaurant without a built-in playground, and the odds of getting an hour of good behavior go up dramatically when you can bribe her with chicken nuggets, ketchup, macaroni and a Shirley Temple."}
{"_id": "44955", "title": "", "text": "Transferring money you own from one place to another pretty much never has tax implications. It might have other implications, including requirement to report it. Being a US citizen has tax implications, including the requirement to file US tax forms for the rest of eternity."}
{"_id": "44961", "title": "", "text": "I don't know if I ever plan to retire, and I am fine with that. However, I would like to be financially secure enough to be able to do enjoyable part-time work or freelance work instead of having to worry about maintaining a career into my golden years. I just want to keep working to keep my mind and body sharp and not be isolated from society."}
{"_id": "44964", "title": "", "text": "I'm not aware of any digital cable boxes that you can just buy, call the cable company and give them the MAC address and it will work, like with a cable modem. But any cable box that supports CableCard will probably work with Comcast. You still have to rent the cable card, which is generally several dollars a month."}
{"_id": "44978", "title": "", "text": "While I agree with your point that 'we are progressively turning into a low wage country,' the rest of the article is talking about how restaurant and hotel worker positions *aren't* being filled because (presumably, lol) those people who would normally work there are instead finding 'better' jobs.   The article is not talking about how those service jobs are good in themselves, but how the availability of them is a good sign 'because of the implication.'  But yes, of course we are 'turning into' a low wage country. That's how the system works."}
{"_id": "45022", "title": "", "text": "As BobbyScon said in the comments, invest in a company that is developing in that field. Or invest in a company which supplies that field. The people who got rich in the California gold rush were those selling shovels and other miners' supplies. Or bet against whatever you think this will displace. If automobiles are the hot new thing, it might be a bad time to invest in harness leather. Or ... figure out how else it might impact the economy and invest appropriately. But you have to do that evaluation yourself. Or ignore it and stick with your existing strategy, which should have been diversified enough to deliver reasonable results whether this sector takes off or not. Remember that if someone gives you a free tip, they are probably just hoping to pump up the value of their own stock rather than help you."}
{"_id": "45028", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**History of banking**](https://en.wikipedia.org/wiki/History%20of%20banking): [](#sfw)   ---  &gt;The __history of banking__ begins with the first prototype [banks](https://en.wikipedia.org/wiki/Bank) of [merchants](https://en.wikipedia.org/wiki/Merchant) of the ancient world, which made [grain loans](https://en.wikipedia.org/wiki/Loan) to farmers and traders who carried goods between cities. This began around 2000 BC in [Assyria](https://en.wikipedia.org/wiki/Assyria) and [Babylonia](https://en.wikipedia.org/wiki/Babylonia). Later, in [ancient Greece](https://en.wikipedia.org/wiki/Ancient_Greece) and during the [Roman Empire](https://en.wikipedia.org/wiki/Roman_Empire), lenders based in temples made loans and added two important innovations: they accepted [deposits](https://en.wikipedia.org/wiki/Deposit_account) and [changed money](https://en.wikipedia.org/wiki/Bureau_de_change). Archaeology from this period in [ancient China](https://en.wikipedia.org/wiki/History_of_China#Ancient_China) and [India](https://en.wikipedia.org/wiki/History_of_India) also shows evidence of [money lending](https://en.wikipedia.org/wiki/Loan) activity.  &gt;====  &gt;[**Image**](https://i.imgur.com/IWCAqkG.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Balance_sheet_Mesopotamia_Louvre_AO6036.jpg)  ---  ^Interesting: [^Banking ^in ^India](https://en.wikipedia.org/wiki/Banking_in_India) ^| [^History ^of ^banking ^in ^China](https://en.wikipedia.org/wiki/History_of_banking_in_China) ^| [^History ^of ^banking ^in ^Bangladesh](https://en.wikipedia.org/wiki/History_of_banking_in_Bangladesh) ^| [^Banking ^in ^the ^United ^States](https://en.wikipedia.org/wiki/Banking_in_the_United_States)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjk5935) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjk5935)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "45029", "title": "", "text": "My advice to you is not to take any advice from anyone when it comes to investing, especially when you don't know much about what you are investing in. mbhunter is correct, take your time to learn about what you want to invest in. If your goal at the moment is short term don't invest in stocks unless you really know what you are doing.   Put your money where you can get the highest interest rate, continue saving and do a lot of research on the house you wish to buy. Even if you are not ready to buy a house yet, start looking so that by the time you are ready to buy, you know how much the house is really worth. Before buying our house we spent about 7 months looking and researching and looked at more than 100 houses."}
{"_id": "45030", "title": "", "text": "Social Media needs to die. I thank God social media was not around when I was in HS, college. We wonder why bullying is rampant? Kids are not mature enough ( many adults for that matter) to deal with the consequences social media has. For those that think your snaps disappear, its bullshit. They are stored in some computer room in Arizona."}
{"_id": "45031", "title": "", "text": "To start with the easier one: I went to a large state school that's got a well-ranked business school for undergrad and majored in finance. No masters. The ranking isn't necessary, but the degree (or one similar) probably is just to get into the finance field. You could do treasury work with an accounting degree, and you really could do it with any degree, but a lot of companies might not want to take a chance on you if you don't have at least some applicable knowledge.  Typical day: I usually get in around 7:30 and crank out a couple of daily tasks: I gather bank statements and do some minor data entry to come up with a prediction of what our cash is going to look like for the day. Depending on the day, I get into our Bloomberg terminal and send out money for overnight investment or sell commercial paper to raise money on a short term basis. I do some minor housekeeping/accounting work that's mostly system generated, we just check it. I spend the middle portion of my day approving payments, meeting with business groups to help develop our forecast better for the next 30-60-90 days, maybe meet with bankers if they're in the office, maybe do ad hoc work, maybe do debt analysis, etc. Basically this is my free work time. End of the day I gather more bank reports, send out results for the day to leadership and an updated projection of cash flow for the rest of the month.   If things get really exciting, I might get to take part in an acquisition, do stuff with bonds, etc. It rarely gets that exciting though."}
{"_id": "45053", "title": "", "text": "\"To answer, I'm going to make a few assumptions. First, the ideal scenario for a pre-tax 401(k) is the deposit goes in at a 25% tax rate (i.e. the employee is in that bracket) but withdrawn at 15%. This may be true for many, but not all. It's to illustrate a point.  The SPY (S&P 500 index ETF) has a cost of .09% per year. If your 401(k) fees are anywhere near 1% per year total, over 10 years you've paid nearly 10% in fees, vs less than 1% for the ETF. Above, I suggest the ideal is that the 401(k) saves you 10% on your taxes, but if you pay 10% over the decade, the benefit is completely negated.  I can add to the above that funds outside the retirement accounts give off dividends which are tax favored, and if you were to sell ETFs held over a year, they receive favorable cap-gains rates.  The \"\"deposit to get the matching funds\"\" should always be good advice, it would take many years of high fees to destroy that. But even that seemingly reasonable 1% fee can make any other deposits a bad approach.  Keep in mind, when retired you will have a zero bracket (in 2011, the combined standard deduction and exemption) adding to $9500, as well as a 10% bracket (the next $8500), so having some pretax money to take advantage of those brackets will help. Last, the average person changes jobs now and then. The ability to transfer the funds from the (bad) 401(k) to an IRA where you can control the investments is an option I'd not ignore in the analysis.  I arbitrarily picked 1% to illustrate my thoughts. The same math will show a long time employee will get hurt by even .5%/yr if enough time passes. What are the fees in your 401(k)?   Edit - Study of 401(k) fees - put out by the Dept of Labor. Unfortunately, it's over 10 years old, but it speaks to my point. Back then, even a 2000 participant plan with $60M in assets had 110 basis points (this is 1.1%) in fees on average. Whatever the distribution is, those above this average shouldn't even participate in their plans (except for matching) and those on the other side should look at their expenses. As Radix07 points out below, yes, for those just shy of retirement, the fee has less impact, and of course, they have a better idea if they will retire in a lower bracket. Those who have some catching up to do, may benefit despite the fees.\""}
{"_id": "45065", "title": "", "text": "You would generally have to pay interest for everyday you hold the position overnight.  If you never close the position and the stock price goes to zero, you will be closed out and credited with your profit. If you never close the position and the stock price keeps going up and up, your potential loss is an unlimited amount of money.  Of course your broker may close you out early for a number of reasons, particularly if your loss goes above the amount of capital you have in your trading account."}
{"_id": "45067", "title": "", "text": "Bank every dollar possible to have more cash available for investing during the 2008/2009 crisis."}
{"_id": "45069", "title": "", "text": "I can't answer from the Indian side but on the UK side, if you and your friend are not related then there is no tax implication - you are effectively giving each other gifts - other than a possible inheritance tax liability if one of you dies within 7 years of the transfer and has an estate above the IHT allowance."}
{"_id": "45071", "title": "", "text": "I swear they're the same restaurant with a different logo. The saddest lunch I've ever had happened at a Chilli's. I had an avacado chicken sandwich and the avacado slice was like razer thin. Like someone at corporate was working out how thin they could get the avacado slice to be to increase margins."}
{"_id": "45078", "title": "", "text": "You probably can't deposit the check directly, but there are mechanisms in place to get your money through other means. In the US, all states and territories have an unclaimed property registry. Before you contact the company that wrote the check, you should check that registry in your state. You will have to provide proof that you are the intended recipient, having the original check in your possession should make that considerably easier."}
{"_id": "45090", "title": "", "text": "It might not be leniency for first time payers, but they do have programs, some federal some local, that help the poor and elderly complete their tax forms. There are also programs that allow the poor to file electronically for free. For most people the first time they file their taxes they are using the EZ form. Which is rather easy to do, even without the use of either web based or PC based software. The software tools all ask enough questions on the EZ forms to allow the user to know with confidence when their life choices have made it advantageous to use the more complex forms. The web versions of the software allow the taxpayer to start for free, thus reducing their initial investment for the software to zero. Because the first time filer is frequently a teenager the parents are generally responsible for proving that initial guidance.  The biggest risk for a young taxpayer might be that the first year that itemizing deductions might be advantageous. They might never consider it, so they over pay. Or they discover in April that if they had only kept a receipt from a charity six months ago they could deduct the donation, so they are tempted to  claim the donation without proof. Regarding leniency and assistance there is an interesting tax credit. The Earned Income Tax Credit. it gives a Tax credit to the working poor. They alert people that they need to Check Your Eligibility for the Earned Income Tax Credit They know that significant numbers of taxpayers fail to claim it. EITC can be a boost for workers who earned $50,270 or less in 2012.   Yet the IRS estimates that one out of five eligible taxpayers fails to   claim their EITC each year. The IRS wants everyone who is eligible for   the credit to get the credit that they\u2019ve earned. The rules for getting the credit are simple, all the information needed to claim it is already on the basic tax forms, but you have to know that you need a separate form to get the credit. But instead of making the credit automatic they say: If you use IRS e-file to prepare and file your tax return, the   software will guide you and not let you forget this important step.   E-file does the work and figures your EITC for you! and then :  With IRS Free File, you can claim EITC by using brand name tax   preparation software to prepare and e-file your tax return for free.   It's available exclusively at IRS.gov/freefile. Free help preparing   your return to claim your EITC is also available at one of thousands   of Volunteer Income Tax Assistance sites around the country. To find   the volunteer site nearest to you, use the VITA locator tool on   IRS.gov. But if you don't use free file you might never know about the form. Apparently it escapes 20% of the people who could claim it."}
{"_id": "45094", "title": "", "text": "The typical scam is that they overpay you - 'accidentially', or for some obscure reason they claim, and they ask you to wire the extra money either back or to someone else. Because you wire it, that money is gone for sure. Then they undo the original transaction (or it turns out it was fake anyway), and you end up with a loss. Maybe he claims that he wants to buy some more stuff, and the fees are high, so he sends you all the payments in one amount, and you pay the other sellers from it, something like that. There are honest nigerians though, actually most of them. Either way, the real problem is that the original payment is fake. Whichever way it comes to you, you need to make sure that it cannot be reversed or declared invalid after you think you have it. Wire transfer is the only way I know that is not reversible. Bank transfers are reversible; don't think you have it just because it arrives in your bank account. Talk to your bank about what all can happen. If you make the deal, when you send the bike, think about insuring it (and make him pay for that too). That way, you are out of any loss risk."}
{"_id": "45096", "title": "", "text": "They say a nonprofit think tank NBER is publishing the paper.   Here is where funding for NBER came from in 2016:   http://www.nber.org/CorporateSupporters2016.pdf     Contributing $10,000 - $25,000:   AIG AQR   Bank for International Settlements    Bracebridge Capital   Brevan Howard   Capital Group Companies   Credit Suisse   ExxonMobil   Fuller &amp; Thaler Asset Management    General Electric   General Motors Foundation    Goldman Sachs   Google   Insurance Information Institute   JP Morgan Chase Institute   Pfizer, Inc.   Vanguard   Anonymous (2)     Contributing $5,000 or Less:   Board of Governors of Federal Reserve System    Haver Analytics, Inc.   Macroeconomic Advisers   U. S. Regional Federal Reserve Banks (12)      Individual Supporters   Contributing $5,000 or Less:   Allen Sinai   Francis Schott"}
{"_id": "45120", "title": "", "text": "Generally this is simply a matter of the business paying taxes on the sale (income), balanced by a credit (charitable deduction), which eventually adds up to their not paying taxes on money they collected in order to pass it along to the charity. Note that because the business is taking the deduction on that donation, you can't take a deduction on the charitable portion of your purchase."}
{"_id": "45156", "title": "", "text": "\"I went to a B&amp;N the other day to buy the best selling non-fiction book of all time that was being promoted on the radio/TV/etc.... and of course they were out of it.  When I asked the guy why they wouldn't have the most popular thing at their store (like milk at a grocery store or something). He said, \"\"Yeah, it's usually in high demand so we don't have it.\"\" Great way to run a company!! Stock your shelves full of the unpopular stuff and never order enough of the HIGHEST SELLING BOOKS OF ALL TIME!  Can't wait for the box stores to go down.\""}
{"_id": "45159", "title": "", "text": "Only a failing businessman looking for excuses outside of himself would be ok with negative growth in sales during an economic uptick. This has nothing to do with political ideology and everything to do with political/economic landscape. How that landscape is navigated is what really matters here."}
{"_id": "45174", "title": "", "text": "Here's a good strategy: Open up a Roth IRA at a discount-broker, like TD Ameritrade, invest in no-fee ETF's, tracking an Index, with very low expense ratios (look for around .15%) This way, you won't pay brokers fees whenever you buy shares, and shares are cheap enough to buy casually. This is a good way to start. When you learn more about the market, you can check out individual stocks, exploring different market sectors, etc. But you won't regret starting with a good index fund. Also, it's easy to know how well you did. Just listen on the radio or online for how the Dow or S&P did that day/month/year. Your account will mirror these changes!"}
{"_id": "45182", "title": "", "text": "From astonishing resorts to overwhelming bistros, sprawling greenery nooks to urban housetops and commonplace storehouses to contemporary cityscapes the choices could twist up perceptibly frustrating as to settle the Tampa wedding scene. So how might you limit what you long for in order to find the perfect wedding place for your day? Notwithstanding the likelihood that you have a basic idea of what you are endeavoring to find, there is a lot of components to consider. The accompanying are a couple of pointers to help driving you in finding the surprising wedding venues Tampa."}
{"_id": "45185", "title": "", "text": "\"Eventually, you'll end up buying a stock at or near a high-water mark.  You might end up waiting a few years before you see your \"\"guaranteed\"\" $100 profit, and you now have $5K to $10K tied up in the wait.  The more frequently you trade, the faster your money gets trapped. There are two ways to avoid this problem: 1) Do it during strong bull markets.\u00a0\u00a0\u00a0\u00a0If everything keeps going up you don't need to worry about peaks...but then why would you keep cashing out for $1 gains? 2) Accurately predict the peaks.\u00a0\u00a0\u00a0\u00a0If you can see the future, why would you keep cashing out for $1 gains? Either way, this strategy will only make your broker happy, $8 at a time.\""}
{"_id": "45187", "title": "", "text": "So is that a yes or 'yes', I'm confused by the quotes.   There are very real differences among races. Why are they important? Because one race has found themselves to develop third world impoverished nations while other races have thrived. I feel like that is well worth exploring both why and how."}
{"_id": "45190", "title": "", "text": "\"A mutual fund could make two different kinds of distributions to you: Capital gains: When the fund liquidates positions that it holds, it may realize a gain if it sells the assets for a greater price than the fund purchased them for. As an example, for an index fund, assets may get liquidated if the underlying index changes in composition, thus requiring the manager to sell some stocks and purchase others. Mutual funds are required to distribute most of their income that they generate in this way back to its shareholders; many often do this near the end of the calendar year.  When you receive the distribution, the gains will be categorized as either short-term (the asset was held for less than one year) or long-term (vice versa). Based upon the holding period, the gain is taxed differently. Currently in the United States, long-term capital gains are only taxed at 15%, regardless of your income tax bracket (you only pay the capital gains tax, not the income tax). Short-term capital gains are treated as ordinary income, so you will pay your (probably higher) tax rate on any cash that you are given by your mutual fund. You may also be subject to capital gains taxes when you decide to sell your holdings in the fund. Any profit that you made based on the difference between your purchase and sale price is treated as a capital gain. Based upon the period of time that you held the mutual fund shares, it is categorized as a short- or long-term gain and is taxed accordingly in the tax year that you sell the shares. Dividends: Many companies pay dividends to their stockholders as a way of returning a portion of their profits to their collective owners. When you invest in a mutual fund that owns dividend-paying stocks, the fund is the \"\"owner\"\" that receives the dividend payments. As with capital gains, mutual funds will redistribute these dividends to you periodically, often quarterly or annually. The main difference with dividends is that they are always taxed as ordinary income, no matter how long you (or the fund) have held the asset. I'm not aware of Texas state tax laws, so I can't comment on your other question.\""}
{"_id": "45212", "title": "", "text": "yeah i totally agree with the title.  but unions are nearly management there, germany really started the idea of [co-determination.](http://en.wikipedia.org/wiki/Co-determination), if your corp has over 500 people, 1/3 to 1/2 the seats on board have to be saved for labor."}
{"_id": "45218", "title": "", "text": "Take a look at this: http://code.google.com/p/stock-portfolio-manager/ It is an open source project aimed to manage your stock portfolio."}
{"_id": "45280", "title": "", "text": "There are several cost of the Military Homes, so you can choose according to your desired location and your preferred weather. This area is also more humid. So if you can\u2019t tolerate heavy rains or humidity, then avoid this part of the country. But if you enjoy the rain, by all means choose this portion of Military Home is good."}
{"_id": "45289", "title": "", "text": "Universal Steel of America specializes in metal warehouse buildings manufacturing. Our pre-engineered steel warehouse building kit can accommodate any designing needs. Our customized warehouse building kit includes various customizations including brick, wood or concrete to stone, glass, CMU block and even stucco.  We use only high quality steel and will deliver the kit in no time. We also offer on-site installation service."}
{"_id": "45290", "title": "", "text": "Outside of Boston is closer to the city center than where they would put a campus in most of the other cities.    Where would they go that they would be closer to the city center than if they were in Peabody or reading or even Billerica?  Those towns are only a 20mile drive to the city center and there is a train into the city from there that would take 40 minutes.  People get hung up on what people call the city.  But Boston's metropolitan area is just a bunch of areas that are different towns rather than burrows."}
{"_id": "45304", "title": "", "text": "It depends on the country. Say I import something cheap-ish from a US reseller with a 90 day reseller warranty and 12 months manufacturer. In both cases it will cost me more than it's worth to ship a return for replacement."}
{"_id": "45305", "title": "", "text": "\"Holy fuck do you seriously not understand that I was trying to understand your perspective before I explained an alternative? Do you really find it offensive when people ask you questions before presenting a solution?   Do you have such a limited attention span that you forgot I began the discussion by saying \"\"I'm happy to answer your question if you will first answer mine\"\", then tried to obtain clarity in your answer by saying \"\"Is it fair to say that you don't believe that \"\"only taxes can provide these things\"\", but you are simply unaware of how anything other than taxes can provide these things?\"\"   You seriously look like an asshole when you claim that asking questions to understand your perspective is \"\"not offer[ing] an alternative\"\" when I *started the discussion* by telling you I'd offer an alternative *after I understood what you believe*.\""}
{"_id": "45309", "title": "", "text": "IFTY VIEW WITH SUPPORT AND RESISTANCE LEVEL FOR TOMORROW 26 Dec(NIFTY TREND):-Last hour trading session in the nifty took the all gains of the day and closed with some losses at 4714, down 20 points.For Monday Stock Market has resistance level at 4789.65 and last resistance level at"}
{"_id": "45341", "title": "", "text": "If cost was your only concern then yes, that is true.  But there is a tension between costs and keeping your customers happy.  This is especially true in a service based business like a restaurant where customer satisfaction can be directly correlated to employee satisfaction."}
{"_id": "45353", "title": "", "text": "You should plan 1-3 months for an emergency fund.  Saving 6 months of expenses is recommended by many, but you have a lot of goals to accomplish, and youth is impatient.  Early in your life, you have a lot of building (saving) that you need to do. You can find a good car for under $5000.  It might take some effort, and you might not get quite the car you want, but if you save for 5-6 months you should have a decent car.  My son is a college student and bought a sedan earlier this year for about $4000. Onto the house thing.  As you said, at $11,000*2=$22,000 expenses yearly, plus about $10,000 saved, you are making low 30's.  Using a common rule of thumb of 25% for housing, you really cannot afford more than about $600-700/month for housing -- you probably want to wait on that first house for awhile. Down payments really should be about 20%, and depending upon the area of the country, a modest house might be $120,000 or $520,000.  Even on a $120,000, the 20% down payment would be $24,000. As you have student loans ($20,000), you should put together a plan to pay them off, perhaps allocating half your savings amount to paying down the student loans and half to saving? As you are young, you should have strong salary gains in the first few years, and once you are closer to $40,000/year, you might find the numbers working better for housing. My worry is that you are spending $22,000 out of about $32,000 for living expenses.  That you are saving is great, and you are putting aside a good amount.  But, you want to target saving 30-40%, if you can."}
{"_id": "45361", "title": "", "text": "\"At no point did I advocate against regulation. All I advocated was if we want to raise the cost of \"\"sin\"\" products like meat/dairy, then the first step is to remove the subsidies that keep their costs low. Are you denying that most developed countries aren't heavily subsidizing their meat/dairy industries?\""}
{"_id": "45371", "title": "", "text": "&gt; So... This while circle jerk of a conversation never really answered if this type of setup is legally possible. Whether its a ponzi scheme or not  You're ignoring the fundamental difference between equityholders and creditors and the pertaining laws that govern each role."}
{"_id": "45372", "title": "", "text": "I worked in IT for a small bank a few years ago and most of our ATMs were still running OS/2! Why? Because they still worked. Most companies don't have the budget to upgrade 100s of ATMs every few years and unless they are required to will run them into the ground."}
{"_id": "45373", "title": "", "text": "If you have a deposit account (like a checking account) and a credit card at the same bank, it is common for the bank to have a clause that lets them make automatic payments to the credit card. I've also seen this happen in the case of death where the deceased person had $2,000 in a checking account and owed some on a credit card.   Upon death, the bank took the $2,000 and applied it to the credit card without asking."}
{"_id": "45387", "title": "", "text": "The best we can do in the Equifax case is freeze (not lock) our credit files at the credit bureaus and use the free annual credit reports via FTC.GOV. Unfreezing is an extra step one would have to go through before opening a new credit line, renting a new place, getting utilities hooked up, etc.  But the freeze (versus the lock) essentially makes one\u2019s data worthless to the credit reporting agencies."}
{"_id": "45406", "title": "", "text": "Think back 200 years ago when we had mules, horse and carriage, and shovels.  What would you say to someone who was worried about employment if we replaced those antiquated items with 18-wheelers, automobiles, and heavy construction equipment?  Would you stop them from advancing technology in fear of unemployment?"}
{"_id": "45417", "title": "", "text": "I really think it's zoning restrictions and a general move back toward living in big cities. Larger cities are pretty notorious for having terribly restrictive zoning requirements. When you combine limited space, with increasing population, and restrictions on building then the outcome is fairly predictable."}
{"_id": "45434", "title": "", "text": "Good, their food more than sucks and has only gotten worse as time goes on...  Cheap Poison...  they need to go out of business or change to something that isn't  just severing the cheapest poison filled crap they can produce. maybe they will release a new game to drum up business form the morons.. or make any size HFCS drink 99 cents..  Sweet tea... are you fucking kidding me.."}
{"_id": "45447", "title": "", "text": "Thank you AK-40oz for voting on haikubot-1911.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "45451", "title": "", "text": "\"This is a tricky question, because the financial aid system can create odd incentives. Good schools tend to price themselves above and beyond any reasonable middle-class ability to save and then offer financial aid, much of it in the form of internal \"\"grants\"\" or \"\"loans\"\".  If you think about it, the internal grant is more of a discount than a grant since no money need have ever existed to \"\"fund\"\" the grant.  The actual price to the parents is based on financial aid paperwork and related rules, perhaps forming a college price-setting cartel.  It is these rules that need to be considered when creating a savings plan. Suppose it is $50k/year to send your kids to the best school admitting them.  Thats $200k for the 4 years.  Suppose you had $50k now to save instead of $10K, and are wondering whether to put it in your son's college savings (whether or not you can do so in a tax advantaged way) or to pay down the mortgage.  If you put it in your kids savings, and the $50k becomes $75k over time, that $75k will be used up in a year and a half as the financial aid system will suck it dry first before offering you much help.  On the other hand, if you put the $50k on paying down the mortgage [provided the mortgage is \"\"healthy\"\" not upside down], your house payment will still be the same when your kids go to college.  The financial aid calculations will consider that the kid has no savings, and allocate a \"\"grant\"\" and some loans the first year and a parental portion that you might be able to tap with a home equity loan or work overtime.     Generally, you should also be encouraging your kids to excel and perhaps obtain academic scholarships or at least obtain some great opportunities.  A large college savings fund might be as counterproductive as a zero fund.  They shouldn't be expecting to breeze through some party school with a nice pad and car, homework assistance, and beer money.  Unless they are good at a sport, like maybe football -- in which case you won't need to be the provider. It is not obvious how much the optimal ESA amount is.  It might not be $0.  Saving like crazy in there probably isn't the best thing to do, either.\""}
{"_id": "45457", "title": "", "text": "You need to pay off the entire balance of 7450 as soon as possible. This should be your primary financial goal at this point above anything else. A basic structure that you can follow is this: Is the \u00a31500 balance with the 39.9% interest rate the obvious starting point here? Yes, that is fine. But all the cards and overdraft debts need to be treated with the same urgency! What are the prospects for improving my credit score in say the next 6-12 months enough to get a 0% balance transfer or loan for consolidation? This should not be a primary concern of yours if you want to move on with your financial life. Debt consolidation will not help you achieve the goals you have described (home ownership, financial stability). If you follow the advice here, by the time you get to the point of being eligible, you may not see enough savings in interest to make it worth the hassle. Focus on the hard stuff and pay off the balances. Is that realistic, or am I looking at a longer term struggle? You are looking at a significant struggle. If it was easy you would not be asking this question! The length of time will be determined by your choices: how aggressively you will cut your lifestyle, take on extra jobs, and place additional payments on your debt.  By being that extreme, you will actually start to see progress, which will be encouraging. If you go in half-committed, your progress will show as much and it will be demotivating. Much of your success will hinge on your mental and emotional toughness to push through the hard work of delaying pleasure and paying off these balances. That is just my personal experience, so you can take it or leave it. :) The credit score will take care of itself if you follow this method, so don't worry about it. Good Luck!"}
{"_id": "45462", "title": "", "text": "\"I find the breathless optimism a bit much.  It's not as though there's been some big breakthrough in the field that's brought the quantum computing future much closer.  But admittedly, the author did include some caveats about how it all might ultimately not work as predicted.    Also, I don't believe that quantum research is telling us anything new about whether \"\"the laws of logic ... apply to the universe as a whole ... computations it can\u2019t perform? Paradoxes it can\u2019t escape?\"\"  I suppose it *could* tell us something new, but that remains to be seen, as does whether it's an economically viable approach to computing.\""}
{"_id": "45464", "title": "", "text": "the NOTE is only created when a BANK makes a loan to a person, business, or government.  corporations buying and selling debt is simply the transfer of existing debt/notes.  In the current Financial Ponzi scheme, NEW notes must be created to keep the game going due to new interest obligations everyday....if not enough new notes are created, the entire Ponzi Pyramid as depicted on www.openmindedthinkers.com collapses"}
{"_id": "45468", "title": "", "text": "A bond fund has a 5% yield. You can take 1/.05 and think of it as a 20 P/E.  I wouldn't, because no one else does, really. An individual bond has a coupon yield, and a YTM, yield to maturity. A bond fund or ETF usually won't have a maturity, only a yield."}
{"_id": "45472", "title": "", "text": "Here in Australia a stock price is usually highest just before a dividend and lowest just after a dividend. If you buy just after the dividend then you missed out until next time. There may be many other reasons why a stock may exhibit yearly, quarterly and monthly cycles."}
{"_id": "45494", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.devex.com/news/3-key-conversations-from-the-us-africa-business-summit-90504) reduced by 91%. (I'm a bot) ***** &gt; African ministers and business people joined their American counterparts in Washington, D.C., last week at the U.S.-Africa Business Summit, to discuss greater economic engagement, despite lingering uncertainty over the United States&amp;#039; position toward global trade.  &gt; The U.S.-Africa relationshipU.S. Commerce Secretary Wilbur Ross addressed the summit, offering reassurances and some specifics about the administration&amp;#039;s view toward existing and future trade pacts with the continent.  &gt; Inter-African trade plans are progressing fairly swiftly, Ghana&amp;#039;s Minister of Trade and Industry Alan John Kwado Kyermaten told the summit.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6i9his/3_key_conversations_from_the_usafrica_business/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~148046 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **trade**^#1 **Africa**^#2 **improve**^#3 **business**^#4 **African**^#5\""}
{"_id": "45507", "title": "", "text": "Shut up you whiners!  Do you realize how badly CEOs, Wall St hedge fund managers, Bank executives, large-block shareholders and billionaires work for and deserve their money?!  Your getting a raise would CUT their income -- income that fuels the machines of trickle-down which benefit everybody!       [/s]"}
{"_id": "45509", "title": "", "text": "New tires will increase the resale value of the car; while not by the full cost of the tires, it will not be entirely a sunk cost. You'd need to factor that in and find out how much the new tires increase the resale value of the car to determine how much they would truly cost you.  However, I suspect they would cost you less than a $25,000 car a year early would.  That new car would cost some amount over time - it sounds like you buy a new car every 8 years or so? So it would cost you $25/8 = $3.3k/year.  That would, then, be the overall cost of the new car a year early - $3.3k (as it would mean one less year out of your old car, so assuming it was also $25k/8 year or similar, that year becomes lost and thus a cost)."}
{"_id": "45517", "title": "", "text": "You aren't paying for your internet buddy. You are paying for a portion of the services that your internet provider charges you for. However you are not paying for the infrastructure, electricity, utilities, security, and all the other things that are required in order for that ISP to be able to bring internet to your house."}
{"_id": "45519", "title": "", "text": "I am assuming that you are referring to Personal Checks since you do not have a business account.  Generally, your full name is the minimal requirement that is needed on the top left of each check. It is best if this information is pre-printed. In fact, some businesses and banks will not honor a check if your full name is handwritten on the check. This is for obvious reasons such as fraud."}
{"_id": "45523", "title": "", "text": "Most bond ETFs have switched to monthly dividends paid on the first of each month, in an attempt to standardize across the market.  For ETFs (but perhaps not bond mutual funds, as suggested in the above answer) interest does accrue in the NAV, so the price of the fund does drop on ex-date by an amount equal to the dividend paid. A great example of this dynamic can be seen in FLOT, a bond ETF holding floating rate corporate bonds.  As you can see in this screenshot, the NAV has followed a sharp up and down pattern, almost like the teeth of a saw. This is explained by interest accruing in the NAV over the course of each month, until it is paid out in a dividend, dropping the NAV sharply in one day. The effect has been particularly pronounced recently because the floating coupon payments have increased significantly (benchmark interest rates are higher) and mark-to-market changes in credit spreads of the constituent bonds have been very muted."}
{"_id": "45543", "title": "", "text": "\"Where do these idiots come from?  and don't answer \"\"Russia\"\" because we've had our share of this kind of stupidity in America and London also.  The only people who have pulled off this sort of treachery are North Korea and China and that's only because of the way their national internet grids are structured, and requires a specific kind of tyrannical dictatorship which Russia, despite it's psychopathic \"\"president\"\", does not have.\""}
{"_id": "45544", "title": "", "text": "If the insurance policy is a whole-life (or variable life) policy, it might have a surrender value that the owner of the policy might be able to get by surrendering the policy in whole; if it is a term life policy, it has no surrender value. In many cases, the owner of the policy is also the insured and so ask Uncle Joe whether he would be willing to surrender the life insurance policy and give you the proceeds now instead of making you wait till he passes away. If it is a term life policy, ask him to consider not renewing the policy and from now on, just give you the premium he would have been paying to the insurance company. Whether he will pay you increasing amounts in later years (as a renewable five-year level term policy might require) is a more delicate matter that you can negotiate with him. On the other hand, if the policy owner is Aunt Annie but the insured is Uncle Joe (and you are the beneficiary), talk to Aunt Annie instead; she is the one who can cancel the policy, not Uncle Joe. And for heaven's sake, don't grease the skids to facilitate Uncle Joe's first step onto the stairway to heaven; there are, depending on where you live, various laws prohibiting payments to beneficiaries who have had a hand in arranging for the happy event to occur."}
{"_id": "45551", "title": "", "text": "Yeah, everyone here is pretty much right, you shouldn't be getting into the futures market. However no need to jump on you, its good you asked a question and you should really read up on it. Futures are pretty complicated. Keep trying to learn though it will help if you read up a lot."}
{"_id": "45564", "title": "", "text": "All of them , ever since Zip2 , not one of his companies EVER had a positive cash flow , Musk made his money by getting acquired at the top the dotcom bubble , now he created his own bubble , feel free to examine all his companies ; there isn't a FY in which revenues&gt;= costs ; his plan for Tesla is to sell to Apple and fuck Tim Cook over like he fucked over Eckhard Pfeiffer (Compaq CEO) in 1999. All of Musk companies 4 or 5 at this point are being artificially kept alive by external capital injections , this is no Amazon , Bezos did it with cash flow , with Musk's company you're looking at a house of cards which would collapse as soon as the cult leader stops infiltrating in every media and PR event , if Zuckerberg or even Thiel were to employ the same technique the house of cards would collapse too as the fanbase would now have other cult leader and companies to worship thus diluting Musk's"}
{"_id": "45573", "title": "", "text": "&gt;Also, if you follow economic theory, the cheapest way to provide healthcare is to have a large amount of people paying into the same pool  That logic only applies if those taking advantage of the healthcare opportunity contribute towards its payments, in this case, via taxation. If 46% of the population isn't paying Federal Income tax ([According to the nonpartisan Tax Policy Center in Washington, D.C., 46% of tax filers will owe no federal income tax this year](http://www.usatoday.com/money/economy/story/2011-10-06/income-tax-nonpayment/50676912/1)), the 54% are forced to support the entire group's cost. Even worse, much of the 54% will elect to use their own private healthcare because it is superior to the public option."}
{"_id": "45583", "title": "", "text": "Coming to London at this point of time is not a wise decision, not that I mean to discourage you. The job market is quite competitive because loads of developers are in the markets, because of the layoffs. So be ready to wait for some time to land a role. Banks aren't recruiting that heavily, but that might change if the economy picks up. Regarding salaries, the contract rates you quote are primarily for banking sector jobs, some outside banking also pay those rates, but they are few.  You can quote what you want to a recruiter, most contracts are through them as most managers have a fincancial get go between recruiters and themselves. Recruiters take their cut what they bill, 400+200(just a guess). So the more they take from the 400, better is their margin. So they try to decrease the 400 portion. But the important point is be ready to keep your chair warm for some time. I am not sure why you have to move to London. Keep your current job. Get a Skype number or something and get the calls diverted to your phone in Germany. You can come down to London for interviews and schedule them so you come in a week and give all your interviews. London is a costly place, you can find cheap places to stay too. But without a job and searching for one will get you depressed(been there and experienced it)"}
{"_id": "45600", "title": "", "text": "Yes and no, P2P Capital Markets is similar concept but is more geared towards business loans. Community Lend used to offer this service but has stopped."}
{"_id": "45607", "title": "", "text": "Many studies show that the wealthiest households are self employed and small business owners. But there is significant risk associated, and so the wealth cannot really be enjoyed."}
{"_id": "45635", "title": "", "text": "It's always been that way.  You are trying to bend the world around your own circumstances. That's not how it works.    Everything is consolidating to be more efficient. With digital, robots, and globalization, markets have reduced the need for U.S. manufacturing ...and that's what a lot of small towns had going for them.  It's gone. Sitting around and wishing for the past to come back with something like the government to legislate it is wishful thinking.  I highlighted the solution: It's to move where the money is or is going.    People get cranky when they have to give up a skill or trade (or hometown) they've spent 10, 20, 30 years in. I get it. I'm looking for ways to diversify my experience, even having a job in tech, because someday maybe it won't be here... or it'll be in India, China, Russia, the Philippines, Latin America, Bulgaria or any of the numerous countries where the labor is cheaper and the supply is higher.   It sucks, but it's also reality.  If your hope is in voting for some sort of legislative change, godspeed but it won't help.  Regulations will be issued and companies will push money to safe havens in Ireland, Liechtenstein, the Caymans, etc.. to avoid them.  They'll outsource more and layoff to compensate for the new expenses and generally find workarounds.     Add that to the rise of countries already benefiting from outsourcing and globalization... maybe the US market isn't so important in 20-30 years.  Gives the government even less leverage on corporations."}
{"_id": "45638", "title": "", "text": "The MIRR formula uses the finance rate to discount negative cash flows, but since the only negative cash flow in the example in in the current period, there's nothing to discount.  It's meant to solve problems with IRR like when there are both positive and negative cash flows, which can result in multiple answers for IRR.  The example they give isn't a good one for MIRR because it's a simple spend now, earn later scenario, which IRR is perfectly fine for. If you add a negative cashflow somewhere after the first one you'll see the answer change with difference financing rates."}
{"_id": "45655", "title": "", "text": "I am a Systems Engineering major. I currently work at a prop trading firm trading fixed income.   I would emphasize your math skills, analytical thinking learned in engineering school, and express how much you are interested/experience in finance. It seems like you are on top of all that and if the job market wasn't so rough, I would say you sound like an ideal candidate and I feel like most finance jobs like people with engineering/math backgrounds as long as they are knowledgeable in finance."}
{"_id": "45665", "title": "", "text": "We use YNAB to handle our household budget - their latest version allows cloud sync between Android/iOS devices and various desktop installs.  I have the budget folder shared with my wife's Dropbox account so we both an view the budget, enter spending, and make changes."}
{"_id": "45674", "title": "", "text": "I don't know what you are on about, as most online brokers should offer standard brokerage without margin. As trading with magin is considered more risky by most (especially if you don't know what you are doing), so one would have to fill out additional application forms and possibly undergo some training before getting a margin account open. A quick search on the net provided some examples, here is one - IG, who provide 3 type of accounts - Spread Betting and CFDs (both leveraged) and Stockbroking (which is non-leveraged)."}
{"_id": "45683", "title": "", "text": "I think, generally speaking, people who say things like that don't have a firm grasp of their finances. On the other hand, if you take a mortgage as a vehicle for leveraged investment the interest can pay for itself in gains made elsewhere. Paying mortgage interest is otherwise only good for the banks, but our system reinforces the idea that everyone should be in debt instead of profiting from their capital."}
{"_id": "45695", "title": "", "text": "Amazon makes enormous profits, they just re-invest nearly all of it. Their 2016 operating income was $20B (assume they spent $0 on R&amp;D), but they did spend $16B on R&amp;D. Which is more than what Apple spends.   Facebook is more valuable than Cisco for many reasons. First off, similar net incomes on their statements doesn't mean those net incomes are as safe in the future. Facebook might have a very safe revenue stream from ads regardless if they keep updating their interfaces. Perhaps Facebook's market saturation means they don't need much infrastructure expansion in the future which would project reduced costs and higher margins.   Cisco on the other hand might perpetually be in a more dangerous spot given their market position. They have competition and they might have to be in a constant battle to stay caught up. Their margins are also much less than Facebook's. Perhaps Cisco's profits are also more at risk due to changes in public policy while Facebook is more insulted?   Valuation on the market goes far beyond just the profit # on the last income statement."}
{"_id": "45708", "title": "", "text": "You missed the catch, there is always a catch, and in this case it is not well publicized.   First, some background. Congress (both parties) in 98 passed Graham-Leach-Bliley. It allowed commercial banks to invest, securitize, and insure securities. It also had privacy provisions, which prevented a securitizer of a mortgage from providing ANY personal information about the mortgage. That means that as Chase wrote these mortgage backed securities, they were forbidden, BY LAW, from telling the potential purchasers the addresses of the houses or SS#'s of the purchasers.   OF COURSE Chase did not choose to insure these MBS's themselves. Instead, they chose a third party like AIG because AIG could not know personal information about the mortgages, and was thus blinded to risk. AIG chose a middle of the road risk rating (something like 2% risk of default).   Chase FRAUDULENTLY represented the quality of the mortgages to the people writing the credit default swaps to insure them, and to the potential buyers. Chase KNEW the mortgages were crap.   Fraud is fraud and is illegal in security sales even after Graham-Leach-Bliley. However, to be clear, in this case there does not need to be any faking of paperwork. The loans can be passed along BLINDLY with insurance, as they were. If it could be documented that Chase misrepresented the quality of these AAA MBS's, they would be on the hook. But the catch is that Graham-Leach-Bliley offered them a cop-out.  AIG were the real dummies in all this. Who writes insurance without having a good idea of the risk...."}
{"_id": "45711", "title": "", "text": "Wow. Okay. First do you mean that you profited by 30k or that you have 30k in revenue?   Second why are you selling it? Do you not want it? Can you not grow it? Why or why not?  I feel like you\u2019re going to need to flesh out your business  a little more to get a better answer."}
{"_id": "45718", "title": "", "text": "\"I use online banking as much as possible and I think it may help you get closer to your goal.  I see you want to know where the money goes and save time so it should work for you like it did for me. I used to charge everything or write checks and then pay a big visa bill.  My problem was I never knew exactly how much I spent because neither Visa or check writing are record systems. They just generate transactions records.  I made it a goal use online banking to match my spending to the available cash and ended up ok usually 9-10 months out of the year. I started with direct deposit of my paycheck.  Each Saturday, I sit down and within a half hour, I've paid the bills for the week and know where I stand for the following week.  Any new bill that comes in, I add it to online banking even if it's not a recurring expense.  I also pull down cash from the ATM but just enough to allow me to do what I have to do.  If it's more than $30 or $40 bucks, I use the debit card so that expense goes right to the online bank statement. My monthly bank statement gives me a single report with everything listed.  Mortgage, utilities, car payment, cable bill, phone bill, insurance, newspaper, etc...  It does not record these transactions in generic categories; they actually say Verizon or Comcast or Shop Rite.  I found this serves as the only report I need to see what's happening with my budget.   It may take a while to change to a plan like this one. but you'll now have a system that shows you in a single place where the money goes.  Move all bills that are \"\"auto-pay\"\" to the online system and watch your Visa bill go down.  The invested time is likely what you're doing now writing checks.  Hope this helps.\""}
{"_id": "45726", "title": "", "text": "I've pulled back in recent weeks from Amazon purchases and prime, in looking at the big picture I've come to realize I can't support a single conglomerate when it comes to retail, price isn't that important to me, I want to see real people, interact with real people and believe my purchases help them make a wage for what ever purpose they need that money for. Amazon is a monopoly in my view and I can't any longer support monopolies."}
{"_id": "45727", "title": "", "text": "The banks see small apartments as a higher risk because usually very small apartments are harder to sell, especially during a falling market when there is an oversupply of these apartments. The price of small apartments will also fall a lot quicker in a falling market. Regarding yield vs capital growth - the emphasis here is manly on high yielding properties in small country towns with small populations. How many properties can you buy with cash? Properties with good growth will enable you to build equity quicker and enable you to build a larger portfolio. In my opinion you need a combination of good yield and reasonable growth, because without yield you cannot replace your earned income with passive income, but without growth you can't expand your portfolio. So a combination of good yield with reasonable growth will give the best outcome."}
{"_id": "45729", "title": "", "text": "I suggest you buy a more reasonably priced car and keep saving to have the full amount for the car you really want in the future. If you can avoid getting loans it helps a lot in you financial situation."}
{"_id": "45773", "title": "", "text": "Assuming the amount of your car payment and student loan aren't crazy you should be fine. I would suggest starting with a baseline budget listing your monthly income and expenses. Be sure to include miscellaneous expenses like car maintenance, insurance, food, clothes, etc (the common things that sometimes get overlooked in a budget). After all of your necessary expenses (fluff like entertainment doesn't count), if your employer has a 401k with a match I would contribute to that up to the match amount.  Next I would save an emergency fund to cover unforseen events such as car repairs, etc. $1000 is not an uncommon amount to see people suggest for this. Next I would knock out your car loan then student loan as fast as possible. This will free up some cash flow which gives you more freedom to do what you want. At this point you save more so you don't have to finance the next car or have a down payment for a home or whatever.  Building your savings to be 3-6 months of income is a good idea, this covers things like being laid off or other larger unexpected events. After you get to that point how you handle your budget is pretty open."}
{"_id": "45774", "title": "", "text": "No they aren't boom times. Not sure how that justifies overpaying cashiers; the fact that the economy is slumping could be an argument to pay them less. Less money given to cashiers = lower prices = better for everyone in the economic downturn. Sorry to play devil's advocate but there is no free lunch and this isn't skilled work."}
{"_id": "45776", "title": "", "text": "There are cases where whole life can make sense, but only after you've already maximized every other tax-deferred investment option you have. If you have access to a 401k plan and aren't maxing it out, there's no reason to look at whole life."}
{"_id": "45810", "title": "", "text": "I would hope he would borrow at historically low rates to invest wisely in American infrastructure in the hope that the improved productivity gains would offset the associated interest rate risks.  I suspect he would simply cut the minimum wage and unemployment benefits to force Americans to accept lower wage jobs."}
{"_id": "45819", "title": "", "text": "Make sure you have sufficient insurance. Luckily, my wife and I had insurance on our mortgage, and term life insurance on both of us. Statistically speaking, insurance is a poor investment. However, when my wife was killed 263 days after our wedding, I was very happy to have it. Note that it took almost five months to pay out, though this was partly due to a Canada Post strike earlier this year; as such, you'll need sufficient emergency funds. I was able to continue working (just about), but still needed approximately $30,000. $10,000 within 24 hours, another $10,000 within 7 days, and the remainder sometime later, to cover funeral expenses. You may also want to consider a will. Neither of us had one as we both had made the decision that we were fine with the other partner receiving the entire estate. If you are not happy with this, or if your situation is more complex, you'll need a will."}
{"_id": "45827", "title": "", "text": "I still have one every once in a while. The thing is, at $6.99+ for the average fast food value meal I'm already almost paying restaurant prices. I have local bars (ATL) that offer $5 burger night, $6.66 burger night, and the average price around town is about $7.99 for a real burger. Fast food joints need to scale back their pricing or step it up if they want to compete with restaurants and bars."}
{"_id": "45830", "title": "", "text": "Apparent data-feed issues coming out of NASDAQ in the after hours market. Look at MSFT, AMZN, AAPL, heck even Sears.      Funny thing though, is that you see traces of irregular prices during the active session around 10:20am on stocks like GOOG."}
{"_id": "45835", "title": "", "text": "First off, inflation doesn't necessarily imply that goods and services will rise in price.  The amount of goods &amp; services increases over time as well, and this is balanced (partly), by an increase in the money supply.  Without inflation you lose the incentive to invest, as your dollar would become more valuable over time.  Why invest in a risky venture if I know that my dollar will buy more if I just wait it out.  Might as well stick the money under the mattress. (This is bad)"}
{"_id": "45848", "title": "", "text": "I'm from Toronto actually. That sounds completely unfair in a free-market. From what I've just read it looks like LA law regarding non-competes is a bit more complicated than that. But anything that requires a lawyer to enforce or defend against is a pain in the ass."}
{"_id": "45853", "title": "", "text": "I think what you meant to say instead of morons is 'young people who drive mass market consumer trends'. Apple, Facebook, Beats- these companies didn't climb to the top of the heap by winning the affectations of tech-geeks, but I suppose looking at demographics and the market would be more appropriate for a subreddit like /r/business, but seeing as how we're in /r/mypersonalopinion I guess I'm the odd one out."}
{"_id": "45859", "title": "", "text": "\"What is that compared to an average day? Napkin math, Q1 saw about 35 billion, or 380 million per day, so a 30 hour  day would give you about 500 million (+/-).  This means prime day was about 2x revenue with all of the marketing they pushed out via \"\"news\"\" and social channels.  That's not bad for a mediocre sale meant to clean out your warehouse.\""}
{"_id": "45912", "title": "", "text": "Does your current firm have a United States office or affiliate? That's the easiest route asking for a transfer or reassignment.   Super competitive for more senior positions with a direct transfer but you can have a shot a junior positions that you can then advance since you have some experience."}
{"_id": "45928", "title": "", "text": "\"We are fast food enemies.  The thought of Arby's makes me laugh like a child on Hannukah. I may have a roast beef monstrosity today, as a matter of fact! Their curly fries are heavenly and a tub of their horsey sauce has been the champion on Iron Chef for 3 years running.  Wendy's, on the other hand, is a disgrace to the burger world. Their square, \"\"never frozen\"\" patties taste fine, but the mealy texture is incredibly offputting. Their new fries are a marked improvement from the pale yellow, saltless worms they used to fix. Their menu is almost impossible to read and changes too often. They fucked up the frosty; I should never have to specify the flavor for the love of God.   I have never been to a Tim Horton's, which I'm bummed about, because I've heard good things.  How do you feel about McDonalds?\""}
{"_id": "45930", "title": "", "text": "\"That name is terrible.  You need something hot like \"\"Alienware\"\".  By the way, I've heard from folks who've been down that road the most annoying and difficult thing you're going to deal with is warranties. Think long and hard about your model and how you'll handle that. Especially if you're shipping PCs, because UPS is going to fuck up your shipments with more frequency that you would expect.\""}
{"_id": "45942", "title": "", "text": "I think a larger issue is that you're trying to do market timing. Whether you had a large or small amount of money to invest, no one wants to put the money in to watch it go down.  You can't really predict if prices in a market or security will go up in six months (in which case you want to put all your cash in now), of if it will go down (in which case you'd want to wait until the bottom), or if it will skitter around (in which case you'd want to only buy at the bottoms).  Of course, if you're magic enough to nail all of those market conditions, you're a master finance trader and will quickly make billions. If you're really concerned with protecting your money and want to take some long positions, I'd look into some put options. You'll of course pay the fees for those put options, but they'll protect your downside.  Much of this depends on your time horizon: at the age of 35, someone can expect to see ~6 more recessions and perhaps ~30 more market corrections before retirement. With that big of a time range, it's best to avoid micro-optimizing since that tends to hurt your performance overall (because you won't be able to time the market correctly most of the time).  One thing that's somewhat reasonable, if you have the stomach for it, is to not buy at somewhat-obvious market highs and wait for corrections. This isn't fool proof by any means, but as an example many people realized that US equities basically were on a ~5 year up run by December 2014. Many people cashed out those positions, expecting that a correction would be due. And around late summer of 2015, that correction came. For those with patience, they made ~15% with a few mouse clicks.  Of course many others would have been waiting for that correction since 2010 and missed out on the market increases.  Boiled down:"}
{"_id": "45956", "title": "", "text": "You are kicking butt and taking names, especially compared to most people in your age bracket. I wish I'd had the opportunity (and the sense) to live rent-free and max out my 401(k) when I was 23. Keep doing what you're doing and you'll be able to pull off a Mr. Money Mustache style retirement.  I think you might have misunderstood the question and answer nature of this site. Typically, questions aren't laden with answers, explanations, and suggestions; it should just be the question! You can always ask the question and answer it yourself down below, as some SEers do. To answer your questions towards the end of the post: Good luck, and again, keep doing what you're doing!"}
{"_id": "45958", "title": "", "text": "Have you tried contacting them via phone or e-mail to follow up?  If not, definitely do that first.   If no response, you can keep this simple: Close your old account, write a personal check from your new one, and send the check with an explanatory note via Certified Mail.  That will get you proof that it was delivered successfully (or not).  Leave the money in your account for 180 days.  Your check should be void after that and cannot be cashed (check with your bank on this) and if it's still unclaimed they will need to contact you to request payment."}
{"_id": "45970", "title": "", "text": "\"Index funds can be a very good way to get into the stock market. It's a lot easier, and cheaper, to buy a few shares of an index fund than it is to buy a few shares in hundreds of different companies. An index fund will also generally charge lower fees than an \"\"actively managed\"\" mutual fund, where the manager tries to pick which stocks to invest for you. While the actively managed fund might give you better returns (by investing in good companies instead of every company in the index) that doesn't always work out, and the fees can eat away at that advantage. (Stocks, on average, are expected to yield an annual return of 4%, after inflation. Consider that when you see an expense ratio of 1%. Index funds should charge you more like 0.1%-0.3% or so, possibly more if it's an exotic index.) The question is what sort of index you're going to invest in. The Standard and Poor's 500 (S&P 500) is a major index, and if you see someone talking about the performance of a mutual fund or investment strategy, there's a good chance they'll compare it to the return of the S&P 500. Moreover, there are a variety of index funds and exchange-traded funds that offer very good expense ratios (e.g. Vanguard's ETF charges ~0.06%, very cheap!). You can also find some funds which try to get you exposure to the entire world stock market, e.g. Vanguard Total World Stock ETF, NYSE:VT). An index fund is probably the ideal way to start a portfolio - easy, and you get a lot of diversification. Later, when you have more money available, you can consider adding individual stocks or investing in specific sectors or regions. (Someone else suggested Brazil/Russia/Indo-China, or BRICs - having some money invested in that region isn't necessarily a bad idea, but putting all or most of your money in that region would be. If BRICs are more of your portfolio then they are of the world economy, your portfolio isn't balanced. Also, while these countries are experiencing a lot of economic growth, that doesn't always mean that the companies that you own stock in are the ones which will benefit; small businesses and new ventures may make up a significant part of that growth.) Bond funds are useful when you want to diversify your portfolio so that it's not all stocks. There's a bunch of portfolio theory built around asset allocation strategies. The idea is that you should try to maintain a target mix of assets, whatever the market's doing. The basic simplified guideline about investing for retirement says that your portfolio should have (your age)% in bonds (e.g. a 30-year-old should have 30% in bonds, a 50-year-old 50%.) This helps maintain a balance between the volatility of your portfolio (the stock market's ups and downs) and the rate of return: you want to earn money when you can, but when it's almost time to spend it, you don't want a sudden stock market crash to wipe it all out. Bonds help preserve that value (but don't have as nice of a return). The other idea behind asset allocation is that if the market changes - e.g. your stocks go up a lot while your bonds stagnate - you rebalance and buy more bonds. If the stock market subsequently crashes, you move some of your bond money back into stocks. This basically means that you buy low and sell high, just by maintaining your asset allocation. This is generally more reliable than trying to \"\"time the market\"\" and move into an asset class before it goes up (and move out before it goes down). Market-timing is just speculation. You get better returns if you guess right, but you get worse returns if you guess wrong. Commodity funds are useful as another way to diversify your portfolio, and can serve as a little bit of protection in case of crisis or inflation. You can buy gold, silver, platinum and palladium ETFs on the stock exchanges. Having a small amount of money in these funds isn't a bad idea, but commodities can be subject to violent price swings! Moreover, a bar of gold doesn't really earn any money (and owning a share of a precious-metals ETF will incur administrative, storage, and insurance costs to boot). A well-run business does earn money. Assuming you're saving for the long haul (retirement or something several decades off) my suggestion for you would be to start by investing most of your money* in index funds to match the total world stock market (with something like the aforementioned NYSE:VT, for instance), a small portion in bonds, and a smaller portion in commodity funds. (For all the negative stuff I've said about market-timing, it's pretty clear that the bond market is very expensive right now, and so are the commodities!) Then, as you do additional research and determine what sort investments are right for you, add new investment money in the places that you think are appropriate - stock funds, bond funds, commodity funds, individual stocks, sector-specific funds, actively managed mutual funds, et cetera - and try to maintain a reasonable asset allocation. Have fun. *(Most of your investment money. You should have a separate fund for emergencies, and don't invest money in stocks if you know you're going need it within the next few years).\""}
{"_id": "45974", "title": "", "text": "In addition to our trailer hitches, Vehicle-Accessories also provides hitch plugs, ball mounts, locks, Rhino Rack Snowboard Carrier and other tow and trailer accessories. Once you make a purchase, you do not need to go search for a garage to fit out your vehicle. Vehicle-Accessories will expertly do it for you.Although it does not come paired with it, few folks realise that a step bar or running board is usually an essential part of every lift kit. At Vehicle-Accessories the staff will not fail to mention it."}
{"_id": "45984", "title": "", "text": "\"**Lewis F. Powell Jr.: Powell Memorandum**  On August 23, 1971, prior to accepting Nixon's nomination to the Supreme Court, Powell was commissioned by his neighbor, Eugene B. Sydnor Jr., a close friend and education director of the US Chamber of Commerce, to write a confidential memorandum titled \"\"Attack on the American Free Enterprise System,\"\" an anti-Communist, anti-New Deal blueprint for conservative business interests to retake America for the chamber. It was based in part on Powell's reaction to the work of activist Ralph Nader, whose 1965 expos\u00e9 on General Motors, \"\"Unsafe at Any Speed,\"\" put a focus on the auto industry putting profit ahead of safety, which triggered the American consumer movement. Powell saw it as an undermining of Americans' faith in enterprise and another step in the slippery slope of socialism. His experiences as a corporate lawyer and a director on the board of Phillip Morris from 1964 until his appointment to the Supreme Court made him a champion of the tobacco industry who railed against the growing scientific evidence linking smoking to cancer deaths.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.23\""}
{"_id": "46012", "title": "", "text": "Ammo prices are the result of our constant wars. There are only so many bullet manufacturers and they are running 24 hour shifts to meet military demand. When we stop expending so much of it over in the desert they will be able to shift production back to domestic markets and prices will fall a little. Doubt they will ever go back to what they were though."}
{"_id": "46013", "title": "", "text": "Yes, just SHA1 convert of my hash and then a search through the list. A couple of friends looked and they weren't there. It's about 10% apparently - I'd imagine 150m+ users are going to have more than 6.5m passwords amongst them."}
{"_id": "46062", "title": "", "text": "We produce sheet metal products from simple bending to precision complex mechanical assemblies. Uidea has created our services for prototyping and low volume production and mass production with high quality, competitive pricing and short lead time. We have been dedicated to being the most reliable source in China for custom sheet metal fabrication from all over the world."}
{"_id": "46092", "title": "", "text": "I see no reason why a US ID would be mandatory anywhere in the UK. I'm sure they have their own tax IDs in the UK. However, if the gallery requires US persons to submit US W-9 - then yes, you're covered under that requirement."}
{"_id": "46099", "title": "", "text": "\"You say: To clarify, my account is with BlackRock and the fund is titled \"\"MID   CAP GROWTH EQUITY-CLASS A\"\" if that   helps. Not totally sure what that   means. You should understand what you're investing in.  The fund you have could be a fine investment, or a lousy one.  If you don't know, then I don't know. The fund has a prospectus that describes what equities the fund has a position in.  It will also explain the charter of the fund, which will explain why it's mid-cap growth rather than small-cap value, for example.  You should read that a bit.  It's almost a sure thing that your father had to acknowledge that he read it before he purchased the shares! Again: Understand your investments.\""}
{"_id": "46105", "title": "", "text": "Unfortunately when you deal with options you are going to have to accept some exposure to your greeks. So in your example, you could just buy back month ATM calls. Although delta is going to be pretty static across your portfolio (at least for say the first year, depending on ultima/zomma and other third order greeks) which will keep your lambdas in check, you're still exposed to vega which will ultimately skew lambdas across the board.   Such are the caveats of options - in order to obtain leverage you will need to take a *less* passive outlook, but not by much."}
{"_id": "46111", "title": "", "text": "What is the dollar based off? how does a bank work? are these your questions?    They are too basic and elementary for me to bother. If you would like to argue instead how we are NOT a state-corporate oligarchy (instead of resorting to passive-aggressive simpleton questions), then we could have a lot more fun."}
{"_id": "46113", "title": "", "text": "Comparing Buzzfee to Tesla is completely ridiculous, but your comparison is just as ludicrous.  Tesla's one of the best companies to emerge in the last decade.  They're the best selling car in their class.  They made the highest awarded car in every single category for their model year ON THEIR FIRST TRY.  It's like someone compared George W. Bush to George Washington, and then you went on to call them stupid because George Washington wasn't actually a good president.  You completely missed the irrationality of this comparison and then threw out something even more irrational."}
{"_id": "46117", "title": "", "text": "The missing information is at the end of the first line: the price is from NASDAQ (most specifically Nasdaq Global Select), which is a stock exchange in the USA, so the price is in US Dollars."}
{"_id": "46145", "title": "", "text": "\"The SFGate had an article on this a few years ago: http://www.sfgate.com/business/networth/article/When-government-fines-companies-who-gets-cash-3189724.php \"\"Civil penalties, often referred to as fines, usually go to the U.S. Treasury or victims.\"\" Short answer in the case you references it would be the US Treasury. In cases where there is a harmed party then they would get something to account for their loss. But it can get complicated depending on the crime.\""}
{"_id": "46157", "title": "", "text": "The only thing that person is going to tell everyone is how to screw the local store by getting them to match a price they cannot realistically compete with.    Chances are the people they know are cheap asses and that's the only thing they are going to attract.  Screw that."}
{"_id": "46180", "title": "", "text": "The thing about business is, it isn't engineering, medicine, or law. What value does inventing a whole other language add? When it's a shortcut, fine, but too often these phrases sprout up because MBAs want everyone to think they know something arcane and precious, and that's when cliches are a symptom of obfuscation, something engineers, doctors, and lawyers are certainly guilty of, albeit with more justification."}
{"_id": "46188", "title": "", "text": "Quick action is important when water damage strikes. We restore your property and the belongings inside when we are called or emailed twenty-four to forty-eight hours in advance. When you get in touch promptly, you\u2019ll be amazed to hire water damage restoration professionals like us."}
{"_id": "46199", "title": "", "text": "One commenter brought up Steve Jobs (I think it's mandatory) and it seems like people forget that Apple's first project wasn't new or revolutionary. There were other personal computers out there, but it was what people wanted. People wanted a keyboard, wanted an easy to interface display, wanted to be able to add on to the system - they learned what the customer wanted by showing their early systems to others at the homebrew computer meetings, and people told them what they wanted.  Jobs and Woz delivered it. Nothing new, but it was just flat out good."}
{"_id": "46203", "title": "", "text": "It's their money, if they don't want to spend it right now, how does that *hurt* anyone?  Until they spend their money, they have done a bunch of work and received useless pieces of paper.  In the period between when they make the money and when they spend it, other people can use that wealth for their own tasks.  What the hell is going on in articles like these? How could anyone possibly believe something so far from reality?"}
{"_id": "46209", "title": "", "text": "&gt; Also, in the past, a person with lower socioeconomic background, if they finish high school or got a BA, it would (for sure) really change their lives and they become middle or high class.  Because the cost was still going to keep most people out of university.   Finishing high school was never as hard as you suggest and didn't guarantee you any sort of job:  https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2900934/  Overall high school graduation rates in 1968 were 5% lower than they were in 2004.  Seems like what you're arguing for doesn't support that education is bad, there is just more competition among workers with higher levels of education than ever, so degrees are less valued than the used to be when far fewer people had access."}
{"_id": "46211", "title": "", "text": "You can access financial statements contained within 10K and 10Q filings using Last10K.com's mobile app: Last10K.com/mobile Disclosure: I work for Last10K.com"}
{"_id": "46218", "title": "", "text": "From Illinois. We have been racing to the bottom for years thanks to Chicago corruption and cronyism. Hell, our Attorney General is the daughter of Michael Madigan. He is in charge in Chicago and in the Illinois Legislature. She has not prosecuted one politician in 8 years for corruption. (Two of our former governors were sent prison for corruption by FEDERAL prosecutors.) She knows where the corruption is, but can't arrest Daddy.   Funny thing. She was going to announce her candidacy for a Governor. She thought her Dad would step down from his position so she could run. He refused. Yes, I know he is her step-father, but she goes by his name and calls him Dad. She had to trash your election plans. Mickey doesn't care about anyone, but himself."}
{"_id": "46245", "title": "", "text": "No Democrat is going to run for reelection saying the economy is expanding at a nice clip. The reason: it's not and mostly they have created low paying part time jobs. And no mention of the enormous debt and bonds piling up at the Fed. What are we at now? $4 trillion?"}
{"_id": "46253", "title": "", "text": "\"They have a software charging curve that \"\"increases\"\" the batteries capacity as it degrades over time. So the end user see's a more stable range over the life of the car rather than a gradual decline from the 60kwh it's rated as.  This is better for the batteries and ultimately the end user.\""}
{"_id": "46255", "title": "", "text": "The only issue I have is with 4).  *Caveat emptor* always applies, and even if you accept the notion that S&amp;P was *criminally* misrepresenting bond quality, Fannie/Freddie still must do their own due diligence, and so I don't think they are off the hook here.  At worst, the execs running Fannie/Freddie are also guilty of criminal collusion; at best, they are guilty of massive incompetence."}
{"_id": "46266", "title": "", "text": "\"Assuming \"\"take advantage\"\" means continue to build wealth, as opposed to blow it all on a fancy holiday...  Downgrade As you already note, you could downgrade/downsize. This could happen via moving to a smaller house in the same area, or moving to an area where the cost of buying is less.  HELOC Take out a Home Equity Line of Credit. You could use the line of credit to do home improvements further boosting the asset value (forced appreciation, assuming the appreciation to date is simply market based). Caution is required if the house has already appreciated \"\"considerably\"\" - you want to keep the home value within tolerance levels for the area. (Best not to have the only $300K house on a street of $190K-ers...) Home Equity Loan Assuming you have built up equity in the house, you could leverage that equity to purchase another property. For most people this would form part of the jigsaw for getting the financing to purchase again.\""}
{"_id": "46272", "title": "", "text": "\"buying at Amazon is still retail, just not brick and mortar. The \"\"Magnet store in the Mall\"\" idea is dead, it isn't cost effective, the consumer doesn't want a \"\"department store\"\" in malls. They want small shops with tailored items and they will get everything else online.  Also, cost comparisons make it about economy of scale here, not online vs offline. That is why it is devolving to a Amazon vs Wal-Mart fight, they have the pockets to fund this expansion...\""}
{"_id": "46274", "title": "", "text": "I've always wondered why nobody has tried to use the broadcast spectrum for internet connectivity. Or at least tried to lobby for repurposing some of the spectrum for that purpose. I had always assumed there was some kind of technical limitation that kept it from being considered.  Seems like a much better use of our broadcast spectrum than our antiquated TV networks. Especially after the Fairness Doctrine was rescinded."}
{"_id": "46288", "title": "", "text": "TravelGuysOnline provides the best hotel and flight booking service in the world. We also provide adventure tour many popular places throughout the world. With TravelGuysOnline you can find cheap hotel deals at the affordable price. Simply enter on our website and search where you want to go and your desired travel dates, and type our hotel search engine, We will show you within some second more than the result for your search."}
{"_id": "46291", "title": "", "text": "Think of it this way:  1) You buy 1k in call options that will let you buy 100k of stock when they expire in the money in a year.   2) You take the 99k you would have spent on the stock and invest it in a risk free savings account.  3) Assume the person who sold you the call, immediately hedges the position by buying 100k of stock to deliver when the options expire.  The amount of money you could make on risk free interest needs to be comparable to the premium you paid the option writer for tying up their capital, or they wouldn't have made the trade. So higher risk free rates would mean a higher call price.   NOTE: The numbers are not equal because of the risk in writing the option, but they will move the same direction."}
{"_id": "46302", "title": "", "text": "We should assume by default that every headline is clickbait now, unfortunately this is the business model of the internet. It's not good for accuracy and most articles are just a headline and some inane filler up words. I hope we'll smart up and find a better model for news soon."}
{"_id": "46318", "title": "", "text": "I love Netflix, but mostly for the documentaries.  I miss the old History Channel and then later H2 when they were full of documentaries and actually educational and interesting programming.  Now they're just reality television like the rest of the crap on cable.  While I don't mind the occasional Disney film or other movie on Netflix, I usually still like to own physical copies of movies(like Star Wars) and if I don't care enough to own it, I usually don't care enough to watch it.  This doesn't really affect my streaming decisions at all.  I still have Amazon Prime(which I've had for over 10 years now because of the 2 day shipping, don't watch much on their streaming service but I have it on my Roku).  TBH I can see where Disney may lose money, because I for one have to really want to see something to buy a copy, and I don't care enough about most of their stuff to pay for a streaming sub specifically for their content.    In closing, this wont make me pay for their stuff or pirate it, I simply wont watch it(besides seeing Star Wars films in the theater and/or buying the Blu-ray).  I suppose I should catch up on what I'd like to see of theirs on Netflix before they remove it all in a year or two."}
{"_id": "46325", "title": "", "text": "Dimon doesn't care about whether other countries get greater economic growth. He wants lower taxes and looser regulation for JP Morgan Chase, and is willing to make ambiguous or outright false statements about other countries in making the case for it."}
{"_id": "46345", "title": "", "text": "Given your clarification that you re only intending to use cryptocurrency as a capital asset & a long term investment vehicle, and not as a business day trading or trading for others, I would say this definitely is NOT illegal. The tax man says cryptocurrency is property. The IRS made this clear in Notice 2014-21.  As long as you report it every time you do transfer it and an income loss/gain is triggered, I see nothing wrong here."}
{"_id": "46352", "title": "", "text": "generally i have sufficient funds to last 5 years or so without an income.... When I was a broke kid I would check my accounts often though... so it's just not something I prioritize in my life, already too many other things have my attention."}
{"_id": "46354", "title": "", "text": "\"&gt; This seems like correlation and not causation\u2026 somebody who'll never overdraw their account won't bother getting overdraft protection.  I would actually say that makes it a causation rather than merely a correlation.  Why? Because people who sign up for overdraft protection are LESS likely to be careful/conscientious about their account balances or their spending habits (see they have \"\"overdraft protection\"\" so why worry?) ... and therefore more likely to overdraw their accounts (and to do so frequently).  By contrast people who do *not* have (or reject) overdraft protection are more likely to monitor their account balances and control/limit their spending in order to maintain a healthy balance.  BTW, I highly doubt this is \"\"news\"\" to the banks: they are almost certainly well aware of the phenomenon... which is one reason they promote their \"\"overdraft protection\"\" thingees.\""}
{"_id": "46377", "title": "", "text": "I agree. I don't really see a good argument (not that there isn't one to be made) in the article saying how this is unusual or illegal. Why did the managers sell such a small amount of their holdings? Could they have sold more? Is this selling behavior and scheduling at all abnormal? The article fails to address a number of important questions."}
{"_id": "46381", "title": "", "text": "\"The definite answer if you want to give a larger amount of money is: Ask the charity. Just drop them a mail with something like: Dear Sirs, I've decided to donate you $1,000,000 because I like what you do. Could you please tell me which option is more convenient and less costly for you? I can do either an online debit/credit card payment, send you a check by mail, or make a bank transfer [cross out whichever you can't do]. I'm looking forward to hearing from you. Yours faithfully, Even if you give \"\"just\"\" $2,000, it's surely enough to be worth for them writing you a reply and clarifying whichever way they prefer, so you don't waste neither their time nor the money this way.\""}
{"_id": "46386", "title": "", "text": "Do I need to declare it to IRS? The account? No. You do need to file a form W8-BEN with the bank though and make sure you maintain the correct information on it (it has your address there, so if you move - update it). Your account may be frozen until the form is provided, especially if it has activity on it. The 2-nd and 3-rd scenario would come as a result of some freelancing   activity done while I am out of the US (definitely would qualify for   Non-Resident Alien status). This you do have to report to the IRS. I'm guessing the payer is in the US, and would not know that you're a foreigner. In this case you're liable for taxes (if the payer knows you're a foreigner - they must withhold the taxes on your behalf). The payer will report payments to the IRS, so you have to submit your own tax return for a match. If there's activity on your account that might be suspicious, it will be reported to money laundering unit in the US Treasury Department, that may come after you through the treaties the US might have with your home country (tax treaty, extradition treaty, etc)."}
{"_id": "46394", "title": "", "text": "\"If someone is guaranteeing X%, then clearly you can borrow money for less than X% (otherwise his claim wouldn't be remotely impressive).  So why not do that if his 4% is guaranteed? :) Anyway, my answer would be that beating the market as a whole is a \"\"decent\"\" rate of return.  I've always used the S&P 500 as a benchmark but you can use other indices or funds.\""}
{"_id": "46402", "title": "", "text": "\"Another interesting point by you.  So what's your definition of the \"\"right move\"\" then? Just let the market correct?  The reason I can't ascribe to that is because we've mucked with the market too much for it to be as self-managing as it could be. Price supports, protective regulation/taxation and things like that are creating artificial stability. We won't let anything big die, so nothing can grow into its place.\""}
{"_id": "46409", "title": "", "text": "&gt;In April, President Xi Jinping announced that the government would build a new city designed to siphon people and businesses from Beijing's crowded center and serve as a model for urban development for the next thousand years.   Anyone who thinks they can do urban planning that would fit for the next 50 years is border line crazy, but 1000 years is full insanity."}
{"_id": "46416", "title": "", "text": "Not really.  If Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, *rather than by the state*, then the South Sea Bill was an example of trade and industry controlled by the State through State sponsored enterprise.  It is more a closely a description of State Socialism, with a large topping of Kleptocracy."}
{"_id": "46428", "title": "", "text": "It is just a different category of stock issued by a company that gives its owners different treatment when it comes to dividend payment and a few other financial transactions. Preferred stock holders get treated with some preference with regard to the company's profits and assets. For example, dividends are typically guaranteed to preferred stock holders whereas the leadership in the company can elect at any time not to pay dividends to common stockholders. In the event the company is liquidated, the preferred stockholders also get to be in line ahead of common stockholders when the assets are distributed."}
{"_id": "46433", "title": "", "text": "Most merchants (also in Europe) are reasonable, and typically are willing to work with you. credit card companies ask if you tried to work with the merchant first, so although they do not enforce it, it should be the first try. I recommend to give it a try and contact them first. If it doesn't work, you can always go to the credit card company and have the charge reversed. None of this has any effect on your credit score (except if you do nothing and then don't pay your credit card bill). For the future: when a transaction supposedly 'doesn't go through', have them write this on the receipt and give it to you. Only then pay cash. I am travelling 100+ days a year in Europe, using my US credit cards all the time, and there were never any issues - this is not a common problem."}
{"_id": "46452", "title": "", "text": "A-Alberts provide the best Janitorial service in the Honolulu. We provide all kinds of buildings, from offices to the medical facilities, condominiums or industrial plants, where require thorough cleaning on the regular basis. From a few years, we have been committed to Janitorial Service Honolulu providing convenient the highest standards of cleaning services for clients. When we become a team, then you can focus on the business you want to do. We keep your working environment safe and clean."}
{"_id": "46466", "title": "", "text": "But an axiomatic approach only works in a deterministic environment, it does not work in a probabilistic environment. By your own arguments, because humans have free will so economics cannot be equated with a deterministic branch like physics. At this point now you are just contradicting yourself over and over.   And it depends entirely on how accurate the axioms are. If observations do not match equation outcomes, then while the mathematics of the equation might be sound, the obvious conclusion is that the axioms themselves are faulty."}
{"_id": "46469", "title": "", "text": "Very Interesting Math. Plain and Simple, it saves you $10.00. When 18% goes above $10 you loose the money, you save if it is (18% of the baae bill) is less than $10. This raises few questions: You are forced to give out 18% tips. You may wish to keep it at 10-15%. You have no choice. All thing considered, better to avoid such coupons. They force you to spend money, they force you to spend in a particular way and they force you to give a tip, you may not be inclined to."}
{"_id": "46471", "title": "", "text": "Oftentimes men and women claim I have cash. What exactly if he or she carry out? Have a look at this excellent website and have immediate cash by respected on the net debt collectors. They also adaptable payment finances and also immediate cash outs. For your inescapable charges, here is the ideal site."}
{"_id": "46511", "title": "", "text": "Straight line in this example should be just the $2MM per year.  I don't think the author of the problem intended you to use anything in the actual tax code like MACRS.  I think the goal of the problem is to get you to identify the value of the depreciation tax shield and how the depreciation does affect your cash flow by reducing your taxes, even though depreciation itself is not a cash event."}
{"_id": "46524", "title": "", "text": "Well the Fucking Moron in the white house never had the courage to sign up, in fact he grew a pair of very convenient spurs to dodge his draft, instead a pair of man sized balls. If anything he should be ashamed of his cowardice and have more respect for the fallen and their families who had the courage to sign up to serve their nation.  And be glad for them, because were it not for them you would soon feel the beard of a taliban tickle the back of your neck as he asked you if you were enjoying what you had signed up for."}
{"_id": "46528", "title": "", "text": "It was a glorified sports bar. TBH if I liked sports(and for some reason  I wanted to go somewhere then staying home...who knows why) I'd rather go to the BWW of the world then most bars.  :Shrugs:  Too bad I don't like sports...or going out when I could throw something at home."}
{"_id": "46529", "title": "", "text": "It is a general truism but the reasons are that the rules change dramatically when you simply have more capital. Here are some examples, limited to particular kinds of markets: Under $2,000 in capital Nobody is going to offer you a margin account, and if you do get one it isn't with the best broker on commissions and other capabilities. So this means cash only trading, enjoy your 3 business day settlement periods. This means no shorting, confining a trader to only buy and hold strategies, making them more dependent on luck than a more capable trader. This means it is more expensive to buy stock, since you have to put down 100% of the cash to hold a share, whereas someone with more money puts down less capital to hold the exact same number of shares. This means no covered options strategies or spreads, again limiting the market directions where a trader could earn Under $25,000 in capital In the stock market, the pattern day trader rule applies to retail margin accounts with a balance under $25,000 and this severally limits the kinds of trades you are able to take because of the limit in the number of trades you can take in a given time period. Forget managing a multi-leg option position when the market isn't moving your direction. Under $125,000 in capital Worse margin rules. You excluded portfolio margin from your post, but it is a key part of the answer Over $1,000,000 in capital Participate in private placements, regulation D offerings reserved for accredited investors. These days, as buy and hold investments, these generally have more growth potential than publicly traded offerings. Over $5,000,000 in capital You can easily get the compliance and risk manager to turn the other way on margin rules. This is not conjecture, leverage up to infinity, try not to bankrupt yourself and the trading firm."}
{"_id": "46543", "title": "", "text": "&gt; the only thing which could be a viable replacement or substitute for oil is large-scale use of nuclear power.  Couple that with large scale adoption of plug-in hybrids and the price of oil would be far less important in the US."}
{"_id": "46587", "title": "", "text": "As no one has mentioned them I will...  The US  Treasury issues at least two forms of bonds that tend to always pay some interest even when prevailing rates are zero or negative.  The two that I know of are TIPS and I series bonds. Below are links to the descriptions of these bonds: http://www.treasurydirect.gov/indiv/research/indepth/tips/res_tips.htm http://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm"}
{"_id": "46621", "title": "", "text": "Excise tax on the excess contribution is 6% a year on the amount of the contribution. In addition, gains will be taxable to you. By adding 20K over the limit, you added $1200 to your tax bill. Withdraw it ASAP. Whatever investment you have in your IRA - you can probably buy it (or a comparable) outside of the IRA."}
{"_id": "46625", "title": "", "text": "\"'Note that \"\"to keep an investor from lowering their tax bill\"\" is not an explanation'. Well, yes it is. In fact  it is the only explanation. The rule plainly exists to prevent someone from realizing a loss when their economic situation remains unchanged before/after a sale. Now, you might say 'but I have suffered a loss, even if it is unrealized!' But, would you want to pay tax on unrealized gains? The tax system still caters to reducing the tax impact of investments, particularly capital investments. Part and parcel with the system of taxing gains only when realized, is that you can recognize losses only when realized. Are there other ways to 'artificially' reduce taxable income? Yes. But the goal of a good tax system should be to reduce those opportunities. Whether you agree that it is fair for the government to prevent this tax-saving opportunity, when others exist, is another question. But that is why the rule exists.\""}
{"_id": "46639", "title": "", "text": "Pricing of most books used for university courses looks like this (as many lecturers simply ask for the current edition, even if there were no significant discoveries in the field of study). I do not have the specifics for Hull, but compare both table of contents, and if close enough, save yourself Rs. 6400"}
{"_id": "46642", "title": "", "text": "I don't see any trading activity on rough rice options, so I'll just default to gold.  The initial margin on a gold futures contract is $5,940. An option on a gold futures represents 1 contract. The price of an October gold futures call with a strike of $1310 is currently $22.70. Gold spot is currently $1308.20. The October gold futures price is $1307.40. So, yeah, you can buy 1 option to later control 1 futures for $22.70, but the moment you exercise you must have $5,940 in a margin account to actually use the futures contract. You could also sell the option. I don't know how much you're going to enjoy trading options on futures though -- the price of this option just last week ranged from $13.90 to $26, and last month it ranged from $15.40 to $46.90. There's some crazy leverage involved."}
{"_id": "46656", "title": "", "text": "\"So if you know what's inside a DB plan, you'll agree with me that the poor results of DB plans from the likes of Ford, GM, and others like state plans are the result of *poor management*, as opposed to the idea that these plans were a bad idea from the start.  I have to disagree a bit with your lottery analogy; winning the lottery is a one-time event that is almost always beneficial - in almost every way - to the winner.  It's an additive source of income above and beyond what was anticipated.  On the other hand, taking one set of financial outcomes that the recipient had planned on for possibly decades, and replacing it with \"\"good luck with this\"\" is *rarely* beneficial to the recipient, regardless of their \"\"personal discount rate\"\" (if they even know what such a thing is).\""}
{"_id": "46658", "title": "", "text": "The stores track the individual items for inventory planning and marketing purposes. Having worked in the transaction processing business for a time (writing one), I can say with confidence that the credit/debit card companies do not receive an itemized list of the items involved in the transaction. There is usually a description field in the information transmitted to the processor, which may or may not contain useful information. But it is not big enough to contain an itemized grocery list of any size. And it is not standardized in any way that would facilitate reliable parsing. There may be an amount of metadata about the transaction that would indicate the types of products involved in the transaction, which they can also infer from the merchant reporting the transaction. There are efforts to increase the amount of data reported, but they are not widely used yet, due to the overwhelming numbers of banks that would need to be upgraded. These efforts are rolling out only in specific and limited uses where the banks involved are willing to upgrade software and equipment. For now, the best way to know what you bought is to keep your receipts from the store. Shoeboxes work great for this. So do smartphone cameras and a folder on your hard drive. There are also mobile apps that track receipts for you, and may even try to OCR the data for you."}
{"_id": "46660", "title": "", "text": "What does that even mean  evidence Chinese on average have high IQ than whites? Is IQ a standard on skills based on experiences or the ability to fill out tests?   What Chinese, in what region, in what period? The same goes for what whites?  German Shepherds were breed differently than shih tzu's and were trained for different roles. If you trained Shih Tzus like Germans Shepards there intelligence would rise as well.   Humans were not breed so using dogs as a analogy is false analogy."}
{"_id": "46671", "title": "", "text": "But if you add a security to the index you also remove one from the index, thus both a buy and sell. If weights change some go up, some go down thus some need to be purchased and some need to be sold.   So I still don't see how ETFs are net sinks beyond their simple AUM."}
{"_id": "46680", "title": "", "text": "I would steer well clear of this. The risk is that they take your money but don't pay the bank. This wouldn't require dishonesty - what if they run into financial trouble? Any money of yours that they have that hasn't gone on to the bank yet might end up paying off other debts instead of yours. It's not clear if the idea is that you are paying them all the money up front or will be making payments over time, but either way if they don't clear the lien with the bank then the bank can come after the car no matter who is in physical possession of it. That would leave you without either the money or the car. In theory you'd have a legal claim against the seller, but in reality you'd probably find it hard to collect."}
{"_id": "46708", "title": "", "text": "Regardless of the technicalities of how information was stolen through Kapersky, I am wondering why anyone would use antivirus software, which by definition must operate at a privileged level, that's produced by a company in a country like Russia or China. We already know for a fact that Tencent's WeChat programmatically monitors, censors, and likely reports thought crimes, and I would be surprised if Kapserky is NOT an agent of the Russian government to a similar capacity."}
{"_id": "46716", "title": "", "text": "These are yields for the government bonds. EuroZone interest rates are much lower (10 times lower, in fact) than the UK (GBP zone) interest rates. The rates are set by the central banks."}
{"_id": "46718", "title": "", "text": "\"&gt;The rules are regulations are setup as needed  As needed by whose definition?   &gt;Govt. sets new rules as needed as a response to something, not because people in the govt. who change every few years feel so.  And you just claimed you weren't naive!   &gt;all adhering to the same laws  Government doesn't follow laws, it makes them. YOU are the one expected to follow laws.   &gt;it makes sense to keep it and if not, it gets repealed  What resounding bullshit! Let's talk about how many laws are passed versus how many are repealed. Why is pot illegal?   &gt;Govt. does care about fairness  Bizarrely oblivious to reality.  &gt;HFT's existing is proof that govt. lets free market and private business start things as it pleases till such time as it stops being fair for all.  There's no \"\"let\"\" to it. The government is not physics, where nothing happens without its leave.   &gt;Govt. is not really an inhibitor to free market  You don't know what a free market is, if you think the main thing that inhibits and distorts markets and makes them NOT free, \"\"is not really an inhibitor\"\".   &gt;Govt. is just people who agreed with it, joined the govt and made it so and others agreed  I don't agree, yet I will be isolated or killed if I refuse to obey.  &gt;If we don't agree in future, it can be changed.  Hilariously naive. When were you *ever* asked consent?   &gt;There is a term as regulated free market  There is no such thing as a \"\"regulated free market\"\". That's like saying \"\"white black\"\" or \"\"inside outside\"\". They are opposites.   &gt;I don't think you really want to talk  I don't think you want to listen.  &gt;You just want to spew your ignorant libertarian viewpoints  And you're spewing wildly ignorant statist bullshit.   &gt;You just blindly believe the govt. is always wrong with no logic or justification, just like religious people.  You're the one with religion here, and it's government you're worshiping. If government is a religion, I'm an atheist.   &gt;But it is some times and it does do the right things many times  Well golly gee, better blindly adhere to it then!   &gt;But I don't believe like you do at all because I think for myself and reason.  Sounds like you're letting government think for you, but accusing *me* of blindly following others *who I don't even give a shit about!* Stossel is a jackass, and Paul is irrelevant.   &gt;I won't bother replying to you anymore  Just want to spew a bunch of wild bullshit and demand that I not reply, huh? Just want to expound freely on something you know nothing about and refuse to listen when someone tries to show you how you're wrong?  &gt;So you've never been taken to reason or logic like others have to you on this board.   Oh my, thank you for saving me with your \"\"reason\"\" and \"\"logic\"\". Clearly I've been a fool.  &gt;Look at the other replies to your posts - almost all contradict you.  Popularity is not correctness. Lots of times in human history, common opinion has been fucking retarded. Flies auto-generating from rotting meat? Earth being the center of existence? Lots of people believe lots of dumb shit, just like you.\""}
{"_id": "46720", "title": "", "text": "\"&gt;First off the SEC is under-funded anyhow  And insane homeless persons don't have a lot of operating capital, but that doesn't change the fact that they would not make good use of more capital if they had it. The SEC is a joke, a completely captured entity.   &gt;I disagree. First off the SEC is under-funded anyhow, and most economists agree that there needs to be better regulation of the exchanges; ya know since it can fucking crash our economy and send us into WW3.  They only have this power because the government gave it to them! If the government took away the titty, we'd see the financial services industry wither back to a reasonable size.   &gt;Secondly, it's a flat Transaction tax much like any other State Sales Tax. State Sales Tax is arguably the most successful form of taxation there is, b/c it's so damn easy to implement, and so damn easy to audit.  Sidestepping of course whether or not the states have any right to this sort of taxation in the first place.   &gt;You're blowing this thing way out of proportion. They require the markets to charge a Transaction tax, and then they do periodic audits to ensure each exchange is doing it.  Enron had periodic audits also, and it didn't mean a fucking thing. So did Lehman Brothers, and all the other crap piles.  &gt;If you think that letting a market die and having new ones pop up periodically is a good idea then holy shit.   \"\"If you think that letting a person die while new ones are born is a good idea then holy shit.\"\"   We evolve and improve through death and replacement. Use of force to avoid a natural death leads to massive distortions in our mutual reality.   &gt;Financial markets need stability &amp; regulation. Finance doesn't like uncertainty.  Markets need stability, stability is created by flexibility in response to changing conditions. Regulations reduce flexibility which creates instability. Finance doesn't like uncertainty and boy, I don't like it when it rains and I forgot my jacket, but *you cannot control the Universe!* You have to respect that the world is not at your command, and if you can't live with that, adapt to it, and work anyway, you just need to die and let someone more capable take your place.   Basically, if physics worked like you think, we'd never have made it past the Big Bang because reality would be too concerned with the resulting instability and uncertainty.\""}
{"_id": "46724", "title": "", "text": "That's just an example of what the taxi industry looks like without regulation. Obviously, these regulations vary by city and state, but if a driver did that in my city and you reported it, the company would be in some big shit with the city."}
{"_id": "46737", "title": "", "text": "\"If you file the long-form Form 2210 in which you have to figure out  exactly how much you should have had withheld (or paid via quarterly payments of estimated tax), you might be able to reduce the underpayment penalty somewhat, or possibly eliminate it entirely.  This often happens because some of your income comes late in the year (e.g. dividend and capital gain distributions from stock mutual funds) and possibly because some of your itemized deductions come early (e.g. real estate tax bills due April 1, charitable deductions early in the year because of New Year resolutions to be more philanthropic) etc.  It takes a fair amount of effort to gather up the information you need for this (money management programs help), and it is easy to make mistakes while filling out the form. I strongly recommend use of a \"\"deluxe\"\" or \"\"premier\"\" version of a tax program - basic versions might not include Form 2210 or have only the short version of it. I also seem to remember something to the effect that the long form 2210 must be filed with the tax return and cannot be filed as part of an amended return, and if so, the above advice would be applicable to future years only. But you might be able to fill out the form and appeal to the IRS that you owe a reduced  penalty, or don't owe a penalty at all, and that your only mistake was not filing the long form 2210 with your tax return and so please can you be forgiven this once? In any case, I strongly recommend paying the underpayment   penalty ASAP because it is increasing day by day due to   interest being charged.  If the IRS agrees to your eloquent   appeal, they will refund the overpayment.\""}
{"_id": "46741", "title": "", "text": "\"Never understood why any company would want to be beholden to complete strangers that you would never hire to begin with. I cringe when I watch shareholders' meetings and people talk about \"\"Well, as shareholders, we're worried about/what are you gonna do about xyz\"\"\""}
{"_id": "46753", "title": "", "text": "All the gory details are available here. More specifically your personal limit will be listed on you last tax assessment notice, that you would have received last April-ish when you filed last year's taxes. As a first approximation, your situation may differ, if you have never contributed anything, your limit is likely $15,000 (as the program has been running three years as of 2011)."}
{"_id": "46754", "title": "", "text": "If you RTFA it discusses the difference in REAL GDP. While it's clear that no single politician controls the economy, at least read the shit before you try to sound all high and mighty.   Do you know what real GDP growth is?"}
{"_id": "46755", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.saukvalley.com/2017/07/25/illinois-is-still-in-critical-condition/ay0pnm5/) reduced by 82%. (I'm a bot) ***** &gt; The decision by Illinois legislators to raise personal and corporate taxes averted a downgrading of the state&amp;#039;s bonds to &amp;quot;Junk&amp;quot; status but fell far short of addressing the state&amp;#039;s fiscal problems in any meaningful way.  &gt; The report states that the $5 billion in tax increases &amp;quot;Alleviates immediate liquidity pressures, moves the state closer to fiscal balance and should keep pension and other fixed costs at manageable levels at least in the near term.\"\"  &gt; In a state where fiscal policy has been the product of short-term thinking dominated by political considerations, Moody&amp;#039;s stated that &amp;quot;Long term challenges remain&amp;quot; that can only be effectively addressed by sound policy proposals.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6urksx/illinoiss_troubled_future/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194695 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **Moody**^#2 **fiscal**^#3 **Illinois**^#4 **economy**^#5\""}
{"_id": "46757", "title": "", "text": "&gt;Lack of demand??? There is no such thing as a lack of demand. People will always demand stuff they want and need.   Lack of purchasing power. You get laid off from your job. Does that mean everything you used to purchase is now overly inflated and misallocated? No. Yet the *demand* for those things just went down because you have no money. Multiply times many millions and you get a self-reinforcing shortfall in aggregate demand. Capacity to produce can't meet desire to consume for systemic lack of money."}
{"_id": "46760", "title": "", "text": "\"Welcome to Money.SE. Please forgive what might sound like a cliche, \"\"How well do you sleep at night?\"\" I mean, specific to the mortgage. There are those who are in a group who consider debt, at any rate, to be inherently bad, and would not take on a 2% mortgage even if a different bank were offering 4% CDs. You just need to understand the risk.  Your mortgage cost after taxes may be 2.625% (if you are in the 25% bracket) therefore, your break even is 3.09% for long term investments. The recent \"\"lost decade\"\" had a return of -9.5% for the full 10 year period. This is just about the worst decade in modern history. The average 10 year return is a cumulative 183% gain, with a standard deviation of 138%. If a perfect bell curve, this means that 1 10 year in 6 will give you a return under 45%. In fact, of the last 100 10 year periods, 15 had returns less than 45%, and just 8 were less than 30%, right in line with the bell curve stats. We always need to say \"\"past performance is no guarantee of future results,\"\" yet, when it comes to the market (I use the S&P for my numbers, by the way) we do have history to give us an idea of the kind of volatility we might see over the years. In my opinion, your approach is sound, and your returns very skewed to the positive, the median 10 year return being 138%, vs your cost of money of 40% or so for a decade.  It's pretty easy to pull S&P data into a spreadsheet and analyze as you wish.\""}
{"_id": "46767", "title": "", "text": "I just got hit with the late payment penalty due to a bug in the H&R Block tax program.  The underpayment was only $2 and the penalty was a whopping 1 cent.   The letter that informed me of the error also said that they did not consider the $2.01 worth collecting, the amount owed had been zeroed."}
{"_id": "46774", "title": "", "text": "This looks more like an aggregation problem. The Dividends and Capital Gains are on quite a few occassions not on same day and hence the way Yahoo is aggregating could be an issue. There is a seperate page with Dividends and capital gains are shown seperately, however as these funds have not given payouts every year, it seems there is some bug in aggregating this info at yahoo's end. For FBMPX http://uk.finance.yahoo.com/q/hp?s=FBMPX&b=2&a=00&c=1987&e=17&d=01&f=2014&g=v https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/316390681 http://uk.finance.yahoo.com/q/pr?s=FBMPX"}
{"_id": "46791", "title": "", "text": "\"ECI is relevant to non-resident aliens who are engaged in trade or business in the US. For that, you have to be present in the US, to begin with, or to own a business or property in the US. So the people to whom it is relevant are non-resident aliens in the US or business/property owners, not foreign contractors.  From the IRS: The following categories of income are usually considered to be   connected with a trade or business in the United States. You are considered to be engaged in a trade or business in the United States if you are temporarily present in the United States as a   nonimmigrant on an \"\"F,\"\" \"\"J,\"\" \"\"M,\"\" or \"\"Q\"\" visa. The taxable part of any   U.S. source scholarship or fellowship grant received by a nonimmigrant   in \"\"F,\"\" \"\"J,\"\" \"\"M,\"\" or \"\"Q\"\" status is treated as effectively connected   with a trade or business in the United States. If you are a member of a partnership that at any time during the tax year is engaged in a trade or business in the United States, you   are considered to be engaged in a trade or business in the United   States. You usually are engaged in a U.S. trade or business when you perform personal services in the United States. If you own and operate a business in the United States selling services, products, or merchandise, you are, with certain exceptions,   engaged in a trade or business in the United States. For example,   profit from the sale in the United States of inventory property   purchased either in this country or in a foreign country is   effectively connected trade or business income. Gains and losses from the sale or exchange of U.S. real property interests (whether or not they are capital assets) are taxed as if you   are engaged in a trade or business in the United States. You must   treat the gain or loss as effectively connected with that trade or   business. Income from the rental of real property may be treated as ECI if the taxpayer elects to do so.\""}
{"_id": "46795", "title": "", "text": "Every insurance company has a pricing factor for every car they insure that along with factors about the driver is used to set rates. The story was that AAA was adjusting it's factor for Tesla models. Insurance companies do this all time as they collect more data. This is only news because people like to talk about Tesla."}
{"_id": "46818", "title": "", "text": "Ponzi schemes (or pyramid schemes) are based on paying earlier investors from the money invested by the later ones. For Ponzi scheme, the idea is generally to distribute some relateviely high consistent dividend/payout based on the inflow of money from new investors. As long as new investors are coming, the scheme can be sustained for quite some time (see the Madoff's example that spanned over decades). In the mean time the scheme operator can take (some of) the investment money to himself (legally as fees and salary, illegally as embezzling). The scheme operator doesn't actually have to put in any money other than some organizational expenses. However, at some point the new investors' money won't be enough to pay all the existing investors (inevitably, sooner or later, since the dividend payout grows with each new investor and there are no infinite exponential amount of new investors to cover for it). That's when the $#!+ hits the fan and sons of the schemers start ending up hanging from the ceiling. Pyramid scheme is built on similar idea, but the dividend payout varies based on the level of the investor (i.e.: the investor gets paid based on how many new ones he brought in, and how many new ones rooted from them). Thus the incentive to bring new investors is directly shifted to the investors themselves. The schemers here are at the top and get the most payouts from all the rest of the participants. They themselves usually put no or very little investment. However, the end result is the same: couldn't possibly be enough investors to sustain this model forever, and it will inevitably fail at some point. When such a scheme fails - the paying fund ends up being bankrupt, either due to cashflow problems (not enough money in to pay money out) or because all the money dries out (usually - both). How to detect - if the reports are not falsified (which in most cases they are) you'll see clearly that there's no actual investment income in the cash-flow. But, the reports are usually falsified to conceal this exact fact. So, that's where the independent auditors and regulatory oversight come in handy. Generally, if an investment fund doesn't have a reputable independent auditor - stay away."}
{"_id": "46819", "title": "", "text": "\"Perhaps in a pendantic sense, it is useless. But likewise the number of people that work for them is irrelevant here as well.  What matters is the portion of GDP generated across company size, and the means by which some of that is recaptured by the people to (a) repay for the investment in the economic infrastructure that allowed the companies to make that money in the first place, and (b) invest in future infrastructure that is of benefit to companies, ultimately all of which is done for the purposes of betterment of the people of the country.  The relevance then is what portion of the GDP is generated by which while size category of business. If we just take large versus small and medium enterprise (SME), with the boundary being 500 employees or fewer, and we excluding farming (which the stats seem to universally do), U.S. GDP is generated by [50.7% non-farm SMEs](http://www.statcan.gc.ca/pub/11f0027m/11f0027m2011070-eng.pdf) (compared to 54.7% in Canada). They also appear to employ more than 50% of all private workers.  Of additional importance is the dynamic effect. That is, if large companies can grow faster because of lower effective taxation, that means SMEs will tend to fall further and further behind not out of a fair and open marketplace, but because of unfair taxation.  Generally speaking, the reverse is preferred. Because diversity of competition brings huge value for innovation (the same as in crop breeding techniques), as well as the poor economic performance of monopolies and oligopolies, you want to hinder large companies from becoming too large and instead break them up in to many smaller components. Hence incentives should work the reverse of the above, meaning larger companies should be paying a higher percentage tax than the SMEs, not to mention the \"\"too big to fail\"\" problem, and all for the good of the people.\""}
{"_id": "46820", "title": "", "text": "I would advise to never cash out retirement funds unless you're actually retired, or in case of an extreme emergency. Not only because of the huge tax bill that you'd incur (as @Rick mentioned - in addition to your top bracket rate - add 10%), but also because you will never be able to recover from the loss. Your current retirement fund is the one that will compound the most. By the time you deposit the same amounts you're thinking of withdrawing now, the compound effect would have grown the original amount further. By the time you could catch up - it would compound further. You will never be able to repair the damage of early withdrawal at this stage. Consider this calculation (lets say you worked for 10 years out of 40 years of your career path, and have $1K to deposit a year, for ease of computation): Essentially, by withdrawing now, you'll reduce your retirement savings by about 50% in thirty years from now. How much is that 6% interest on your student loan? I seriously doubt its worth it."}
{"_id": "46825", "title": "", "text": "What?    How do you lose by paying employees more?  You get the best employees, they are happier, lower turn over and more productive. This is not an example of the prisoner's dilemma at all.  If there were an advantage in paying more to employees, that advantage would be increased by your competitors not doing it."}
{"_id": "46831", "title": "", "text": "\"[ See Hopstar's comment : ](http://www.reddit.com/r/business/comments/ujwei/dont_mean_to_be_alarmist_but_the_tv_business_may/c4w52l9)  &gt; They're an exception to all of this because they're owned by \"\"a joint venture of NBCUniversal (Comcast/General Electric), Fox Entertainment Group (News Corp) and Disney-ABC Television Group (The Walt Disney Company), with funding by Providence Equity Partners, the owner of Newport Television...\"\"  &gt; Even with the full support of three major conglomerates, the service is still gimped (delays in broadcasting new episodes, limited availability of past episodes/seasons) by their fear of change.\""}
{"_id": "46833", "title": "", "text": "One more scenario is when the company already has maturing debt.  e.g Company took out a debt of 2 billion in 2010 and is maturing 2016. It has paid back say 500 million but has to pay back the debtors the remaining 1.5 billion. It will again go to the debt markets to fund this 1.5 billion maybe at better terms than the 2010 issue based on market conditions and its business. The debt is to keep the business running or grow it. The people issuing debt will do complete research before issuing the debt. It can always sell stock but that results in dilution and affects shareholders. Debt also affects shareholders but when interest rates are lower, companies tend to go to debt markets. Although sometimes they can just do a secondary and be done with it if the float is low."}
{"_id": "46842", "title": "", "text": "There are a couple of ways to buy into a private company.  First, the company can use equity crowd funding (approved under the JOBS act, you don't need to be an accredited investor for this).   The offering can be within one state (i.e. Intrastate offerings) which don't have the same SEC regulations but will be governed by state law.   Small companies (small assets, under $1 million) can be made under Regulation D, Rule 504.  For assets under $5 million, there is Rule 505, which allows a limited number of non-accredited investors.  Unfortunately, there aren't a lot of 504 and 505 issues. Rule 506 issues are common, and it does allow a few non-accredited investors (I think 35), but non-accredited investors have to be given lots of disclosure, so often companies use a Rule 506 issue but only for accredited investors."}
{"_id": "46893", "title": "", "text": "\"Jeez - you want me to come over and read the articles to you as well?   &gt;Ghana operates the National Health Insurance Scheme to provide citizens with health insurance. The level of premiums citizens must pay varies according to their level of income. Most medical facilities are run directly by the Ministry of Health or Ghana Health Service.[8]  &gt;Rwanda operates a system of universal health insurance through the Ministry of Health called Mutuelle de Sant\u00e9 (Mutual Health), a system of community-based insurance where people pay premiums based on their income level into local health insurance funds, with the wealthiest paying the highest premiums and required to cover a small percentage of their medical expenses, while those at the lowest income levels are exempt from paying premiums and can still utilize the services of their local health fund. In 2012, this system insured all but 4% of the population.[11]  &gt;Israel has a system of universal healthcare as set out by the 1995 National Health Insurance Law. The state is responsible for providing health services to all residents of the country, who can register with one of the four national health service funds. To be eligible, a citizen must pay a health insurance tax.  Now if you want to be nitpicky about whether income-based taxes levied on an individual for nation-wide healthcare counts as \"\"requiring a person to purchase insurance\"\" you can - but I think we both know that level of semantics is reserved for people who've said something stupid and now have to retreat into word games.\""}
{"_id": "46894", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://news.azpm.org/p/news-articles/2017/8/9/115113-remittances-to-mexico-continue-growth-to-record-high/) reduced by 56%. (I'm a bot) ***** &gt; MEXICO CITY - Remittances in Mexico have hit a record high, and the American economy and politics played a key role in the increase.  &gt; He said remittances have been increasing in the past few years as the American economy continues to grow and Mexicans continue to migrate to the U.S. &amp;quot;The job market in the U.S. has recovered from the unemployment rate generated by the 2007-2008 crisis. This has allowed Mexican immigrants to send more money to our country, not only nowadays, but in the past few years,&amp;quot; de la Cruz said.  &gt; &amp;quot;Some immigrants are sending part of their savings in the U.S. to Mexico to avoid losing them in case they get deported; however, we need to keep in mind that remittances have been increasing since, at least, a year and a half,&amp;quot; De la Cruz said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6uralu/remittances_to_mexico_continue_growth_to_record/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194663 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Remittances**^#1 **immigrants**^#2 **U.S.**^#3 **Mexican**^#4 **Cruz**^#5\""}
{"_id": "46902", "title": "", "text": "&gt;OK, great, where do I apply for my refund?  An odd question, but I'll answer it if you really don't know.  Tax credits will only likely be a refund if you pay too much tax during the year, otherwise they will be reductions in your yearly tax bill.  In most countries, tax credits are awarded when paying taxes.  Assuming you are from the United States, that would likely be in April on your individual income tax form.  Tax credits can be earned for doing anything the government deems desirable or worthy of exception.  Examples include buying a first house, having children, starting or running a business, paying tuition, adopting a child,  caring for an elderly or disabled person, earning money overseas, paying certain types of medical insurance, and being married in addition to purchasing a zero emission or low emission vehicle."}
{"_id": "46935", "title": "", "text": "\"Great topic, as interest rate swaps are one of the most commonly used derivatives by bank. In the simplest form, an interest rate swap is an exchange of payments between two parties.   Say party A has a $100 loan with a fixed 4.25% interest rate, and party B also has a $100 loan with a variable rate, lets say prime plus 1% (prime is 3.25, so B is also paying 4.25%).   Party A thinks interest rates are going to go lower and wants to lower his interest expense, while party B is a small company and doesn't want to be exposed to variable interest rates and needs to have a steady cash flow to project his budget.  Party A and B agree to enter into an interest Rate swap for a notional amount of $100 where Party A agree to pay B prime plus 1% (fixed for floating) and party B agrees to pay A 4.25% (floating for fixed) for some period of time they agree upon (usually the maturity of the loan).  Now from the start, the swap has a market value of $0, since A and B both receive the same as they are paying. As interest rates move, the value of the swap moves. Say interest rates fall, and prime is now 2%. B still pays 4.25% to A (he agreed to pay a fixed 4.25% no matter what) and A only pays 3% (prime plus 1%) to B. Remember the terms of the individuals loans did not change, so A owes $4.25 to his bank and B owes $3 to his bank. Party A uses the $4.25 from B to pay his bank, and pays $3 to B. Party A has lowered his interest expense by $1.25 and his position is considered \"\"in-the-money\"\", which means he is benefitting from the transaction. Party B gets $3 from A but still owes his bank $4.25. In reality, the transaction nets out to B paying A $1.25, rather than both A and B paying each other different amounts. B is \"\"out-of-the-money\"\" because in aggregate he is paying A. The market value of the swap would be the present value of that $1.25 benefit A receives, discounted using expected future interest rates (the same number but negative is the value to B).  Please ask if you have additional questions or need clarifications.\""}
{"_id": "46936", "title": "", "text": "The other thing to remember is seasonality.  Just because monthly rent is $900/month doesn't guarantee that you'll bring in $900/month.  Plenty of university towns have peak demand during the months of Aug/Sept when students are moving in, but you have to beg//plead//give discounted rent to keep units full during 'off-season' times.  Assuming vacancy during 3 months/year, your average monthly rent is only $675. ($900 * 9 / 12) This may change the economics of your investment."}
{"_id": "46958", "title": "", "text": "I don't know about that particular program, but more often than training foreign doctors are US medical schools are simply hiring doctors trained in foreign medical schools. Unlike most disciplines, the AMA controls the number of medical students admitted each year to medical colleges. This keeps the supply of doctors down, unlike, say, paw school or MBA programs, where there could be more supply than demand. The lack of demand keeps the wages high for doctors, but the alleged reason for restricting student numbers is higher quality. As far as giving the limited seats to immigrants, it doesn't affect supply. Hiring foreign trained doctors who pass the USMLE does affect supply; that is an example of using immigrant labor to increase worker supply and drive down wages."}
{"_id": "46967", "title": "", "text": "I would suggest you to put your money in an FD for a year, and as soon as you get paid the interest, start investing that interest in a SIP(Systematic investment plan). This is your safest option but it will not give you a lot of returns. But  I can guarantee that you will not lose your capital(Unless the economy fails as a whole, which is unlikely).  For example: - you have 500000 rupees. If you put it in a fixed deposit for 1 year, you earn 46500 in interest(At 9% compounded quarterly). With this interest you can invest Rs.3875(46500/12) every month in an SIP for 12 months and also renew your FD, so that you can keep earning that interest.So at the end of 10 years, you will have 5 lacs in your FD and Rs. 4,18,500 in your SIP(Good funds usually make 13-16 % a year). Assuming your fund gives you 14%, you make: -  1.) 46500 at 14% for 9 years - 1,51,215 2.)8 years - 1,32,645 3.) 7 years - 1,16,355 4.) 6 years - 1,02,066 5.) 5 years - 89,531 6.) 4 years - 78,536 7.) 3 years - 68891 8.) 2 years 60,431 9.) 1 year - 53010 Total Maturity Value on SIP = Rs, 8,52,680 Principal on FD =      Rs 5,00,000 Interest earned on 10th year = Rs. 46,500 Total = Rs. 13,99,180(14 lacs). Please note: - Interest rates and rate of return on funds may vary. This figure can only be assumed if these rates stay the same.:). Cheers!"}
{"_id": "46972", "title": "", "text": "If you can't muster up the fortitude to tell him you don't want this to be a partnership, you'll never succeed at having your own business.  Be firm but kind, and use it as a litmus test for how well you can make firm decisive action."}
{"_id": "46986", "title": "", "text": "I highly recommend passive investing through something like betterment (www.betterment.com) or vanguard's ETFs.  FutureAdvisor.com can provide some good advice as to what funds to invest in. I'd recommend using that money to max out your Roth IRAs each year, too."}
{"_id": "46992", "title": "", "text": "The options market seems to disagree...  While the implied volatility is greater than the historical volatility.. At 23% the implied isn't much higher than the past implied-vol. I'll trust the market over the stock-twits chairman.  http://www.cboe.com/framed/IVolframed.aspx?content=http%3a%2f%2fcboe.ivolatility.com%2foptions.j%3fcontract%3dC0F1D96A-D9C7-49D2-8941-45DC1B0E0B0F&amp;sectionName=SEC_TRADING_TOOLS&amp;title=CBOE%20-%20IVolatility%20Services  ... that being said -- I (like everyone and their sister) think we break 100 and move hard to 104-105."}
{"_id": "47015", "title": "", "text": "Look at the basic cost of the lease.  Option 1: keep the car for three years. Pay for repairs during that time then sell it for $7,000. Option 2: Sell the current car for $10,000. Lease a new car for three years. Assume no need for repairs during those three years. At the end of the three years return the car in return for $0. Cost of option 1 is $3000 plus repairs.  Cost of Option 2 is 36 months x monthly lease cost. The first $83 of the monthly lease cost is to cover the $3000 fixed cost of option 1. The rest of the monthly lease cost is to cover the cost of repairs. Also remember that some leases have a initial down payment due at signing, and penalties for condition, and excess mileage. The lease company may also require a higher level of insurance for the lease to cover their investment if you have an accident.  Plus If you fall in love with a different car two year from now, or your needs change you are locked in until the end of the lease period."}
{"_id": "47016", "title": "", "text": "\"Assuming United States; rules may be wildly different elsewhere... The \"\"family loan\"\" trick essentially lets you amortize a gift over multiple years of gift allowance and hopefully dodge gift tax, at the cost of having to pay income tax on the interest you must charge on the loan. The main advantage is that it lets you transfer all the money up front, rather than in $17,000-a-year-per-person-per-person chunks. Let's take the normal case first. Any one person can give any one person up to a specified amount (currently $17k, I believe,) without incurring gift tax. Note that this is counted per person, not per household; you and your spouse could each give $17k per year to each of your son and his spouse under this rule, adding up to $68k per year total.  The family loan dodge consists of making them a loan of the money at the mandated minimum interest rate to make it a legal loan (something like 0.3% APR last time I looked), setting the repayment schedule so their payments each year including interest come out to less than you can gift them with tax-free, and then making that gift by paying (yourself) those payments on their behalf. You do need to pay income tax on the portion of those payments that represents interest income, but at that low rate this is a minor cost for the convenience. You'd also want to set up your will to cover what happens if you die with them still owing money on the loan. And this, I believe, is where you will really need expert advice if you go this route, to minimize the government's cut at that time. There may be better answers. If you are talking about this much money, you owe it to yourself to purchase expert advice from someone who has training and experience n this area, rather than taking free advice from the Internet that is likely to cost you much more in the long run. This is a situation where you can't afford not to hire a pro. (For example, I have no idea how trusts might or might not fit your needs.)\""}
{"_id": "47020", "title": "", "text": "\"There's truth to that, although I'm not sure if the ratio is quite 6 to 1. It IS true that they are processing foreclosures much slower now after the robo-signing fiasco, and also that there is some justification for letting a house stay occupied rather than sit empty.  I disagree with your assertion that \"\"smart banks\"\" would dump massive amounts of property at a loss. Selling their inventory quickly would slim their balance sheet (which they been trying to do) and let huge losses flow through their income statement. That's a bad way to achieve a good end, even though the changes are purely accounting and not economic. That's not smart for any business, operating in a vacuum and independent of competition, whether a bank or a retailer. Should GM and Ford sell their backlogs of cars at a massive loss now, just to get rid of the property? There's underlying, economic, intrinsic value.  Properties in the biggest bust markets, like LV and Phoenix, are down 2/3rds from the prices around 05/06; one would argue that the prices are so low they fail to make economic sense. Florida was a huge bust market, but today's NY Times (http://www.nytimes.com/2011/12/28/us/miami-courts-free-spending-brazilians.html?_r=1&amp;scp=2&amp;sq=brazil&amp;st=cse) talks about a recovery in property values, fueled by Brazilians.  Given that cities like Vancouver and throughout the SF Bay Area have seen property prices recover, in part fueled by foreign purchasers (mostly China, etc) why would a bank not want to hold onto the property until it gets a good price?\""}
{"_id": "47040", "title": "", "text": "\"The key for your friends is a robust and detailed form of budgeting. There are plenty of website resources to help them through that process and you should steer them there rather than go through it with them yourself. Of course you should show willing to answer questions and help if asked. The budgeting exercise will require quite some effort and diligence to track historical and current actual expenditure (keeping a detailed spending diary is an excellent way to start). This must be coupled with a lot thought about ways to trim at various degrees of severity. For example it means analysing all utilities deals to make sure they're on the most suitable package. It is also an ongoing, iterative process - not a one-off. The only way in which you giving money to them would be of help is if they have borrowings and the cost of servicing that debt via interest is what's tipping their budget from positive to negative. Only if they are averaging a cash surplus each month can they make headway. Otherwise, the underlying causes of their woes are not being addressed, existing spending habits continue and they are merely deferring the changes they need to make. Your friends have to adopt LBYM - Living Below Your Means. That's simply a modern version of Mr Micawber's famous, and oft-quoted, recipe for happiness: \"\"Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.\"\" Discussion forums like this make interesting reading: http://boards.fool.com/living-below-your-means-100158.aspx?mid=30971651&sort=collapsed\""}
{"_id": "47043", "title": "", "text": "Back in the day, they had a highly effective solution for this type of crap, but it is frowned upon in modern society. The second-best solution would be to get your lawyer to put together a case that she is unfit to be around the children and that visitation rights should be revoked.  Unfortunately, this will most likely not solve her problems, and she will probably become far worse as she feels more alone, alienated, miserable, and embarrassed."}
{"_id": "47044", "title": "", "text": "In general the other party will expect you to keep your promises. If you promise to do something for a fixed amount of money, you take on a risk and it is no longer their problem if you work slower than you planned. In principle it could even be the case that you take on a project and fail, after which the company may not have to pay at all. So regardless of how things should be written in your books (For example a theoretical pay above minimum wage but a loss for your private company): An important thing to note is that if you are worried about ending up below minimum wage, you are definitely asking a fee that is too low. You should keep in mind that your fee should include a fair compensation for the expected work, and a fair compensation for the risk that you have taken on."}
{"_id": "47053", "title": "", "text": "\"If you really believe in the particular stocks, then don't worry about their daily price.  Overall if the company is sound, and presumably paying a dividend, then you're in it for the long haul. Notwithstanding that, it is reasonable to look for a way out.  The two you describe are quite different in their specifics. Selling sounds like the simpler of the two, but the trigger event, and if it is automatic or \"\"manual\"\" matters.  If you are happy to put in a sell order at some time in the future, then just go ahead with that. Many brokers can place a STOP order, that will trigger on a certain price threshold being hit.  Do note, however, that by default this would place a market order, and depending on the price that breaks through, in the event of a flash crash, depending on how fast the brokers systems were, you could find yourself selling quite cheaply. A STOP LIMIT order will place a limit order at a triggered price.  This would limit your overall downside loss, but you might not sell at all if the market is really running away. Options are another reasonable way to deal with the situation, sort of like insurance.  In this case you would likely buy a PUT, which would give you the right, but not the obligation to sell the stock at the price the that was specified in the option.  In this case, no matter what, you are out the price of the option itself (hence my allusion to insurance), but if the event never happens then that was the price you paid to have that peace of mind. I cannot recommend a specific course of action, but hopefully that fleshed out the options you have.\""}
{"_id": "47054", "title": "", "text": "I think the mortgage must not be in the equation at all in order to determine how much to charge. Of course you want to cover your mortgage but the renting price is determined only by how much the renter is willing to pay (offer and demand) and not your mortgage (some people don't even have a mortgage). In other words I think you should be charging a price based on similar rented houses."}
{"_id": "47055", "title": "", "text": "\"NEW &amp; FORTHCOMING  The Death of King Arthur SIMON ARMITAGE  King Arthur comes to vivid life in this gripping poetic translation by the renowned poet and translator.MORE A Random Walk Down Wall Street BURTON G. MALKIEL  \"\"Almost every list of must-read investment books . . . includes Malkiel's Random Walk.\"\" -BooklistMORE The Rotation Diet MARTIN KATAHN  Lose those unwanted pounds and keep them off once and for all with an easy three-week diet.MORE NORTON CLASSICS  The Feminine Mystique BETTY FRIEDAN, ANNA QUINDLEN  The book that changed the consciousness of a country-and the world.MORE Helter Skelter VINCENT BUGLIOSI, CURT GENTRY  A national bestseller-over 7 million copies sold. \"\"[A] social document of rare importance.\"\"-The New RepublicMORE The Norton Anthology of English Literature STEPHEN GREENBLATT, M. H. ABRAMS, ALFRED DAVID, ET AL.  Read by millions of students over seven editions, The Norton Anthology of English Literature remains the most trusted undergraduate survey of English literature available and one of the most successful college texts ever published.MORE\""}
{"_id": "47075", "title": "", "text": "&gt; A: I shouldn't have to leave just because thugs say they run land. They don't own the land I'm on, private persons do. Those people should be the ones saying whether or not I can be there.  Good luck arguing that in court while defending non-payment of taxes. Might want to look up Wesley Snipes court case - not like this hasn't been argued before.   &gt; B: I actually can't leave for free.   Of course you can't. You didn't exactly live here for free either. Imagine if you woke up from unconsciousness at a hospital that just saved your life - would you *not* get billed just because you weren't conscious to *agree* with going to the hospital?"}
{"_id": "47117", "title": "", "text": "I worked for a firm where the trainer ruined the sales team and was eventually fired. Dude was an ex Tony Robbins con man that used Tony's name to come in and be a cheerleader. I'm sure some are good but do your research."}
{"_id": "47127", "title": "", "text": "My original point to this post was that this asset bubble is playing out in slow motion just like others have in the past. This facsimile of a recovery will bump along the bottom for years if history is a guide, eg 1934-1939.   This is long term pain for the average middle class person. Underwater mortgages, stagnating wages, and here in DC, overpriced houses completely out of line with median incomes.   It's been a recovery for the wealthiest in society but everyone else is sinking or treading water. Economic indicators are not a reflection of the average middle class persons struggle. Take a look at what Angela Merkel said last week to a group of Nobel winners.   You are telling me that no one got a HELOC on the speculative value of their house between 2000-2007?"}
{"_id": "47129", "title": "", "text": "So... Does that mean we're leading up to a huge economic boom where the majority of people have paid off a significant amount of their debt, so that they now have more available money and credit to spend, which would turn into a domino effect of more people buying pushing the economy up enough to encourage even more people to buy?"}
{"_id": "47161", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/10/24/business/economy/future-jobs.html) reduced by 84%. (I'm a bot) ***** &gt; High-paying jobs in health care, computer science, and other fields heavy in math and science will grow quickly; so will low-paying jobs caring for older adults or waiting on tables.  &gt; Automation SpreadsMany of the jobs expected to disappear over the next decade are in industrial jobs that have long felt the dual squeeze of globalization and automation: metalworkers, coal miners and machine operators, particularly those without specialized skills.  &gt; Women hold a disproportionate share of jobs in many of the fastest-growing categories.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78s3g6/a_peek_at_future_jobs_shows_growing_economic/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~235218 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Job**^#1 **women**^#2 **expect**^#3 **decline**^#4 **Automation**^#5\""}
{"_id": "47163", "title": "", "text": "\"Depends on the country, whether its a currency issuer with floating exchange rate, and what the debt is denominated in. For instance, the US has no real debt, b/c its all in US dollars and can be printed at any time. It has no need to borrow anything, it issues its own currency. It used to be different 4 decades ago, on the gold standard, so in general people still think currency issuers need to borrow (or earn) to spend. Just a relic in thinking.  But when the country does not issue its own currency, then it does need to earn or borrow in order to spend. In this case, it could borrow from anywhere that will lend it money. In US, a state would fit this description. Or Greece, as it borrowed Euros, for which it is not an issuer of.  EDIT: just came across this blog http://pragcap.com/where-does-the-money-come-from Its title, \"\"Where does the money come from\"\". Maybe he saw this question. Anyway, the US does not need to borrow money. Why would it borrow what it creates? From the video: \"\"Thinking is hard, that's why we don't do it a lot\"\". Great line.\""}
{"_id": "47175", "title": "", "text": "Capitalism? Like, this is the natural progression of the libertarian/conservative idea that government doesn't need to regulate things, and the free market will sort this stuff out on their own. PayPal (or Twitter, or whoever) deciding what is and isn't acceptable for consumers using their platform to do is like, free market capitalism at its most pure."}
{"_id": "47179", "title": "", "text": "\"Get him the book \"\"Total Money Makeover\"\" (http://www.amazon.com/Total-Money-Makeover-Classic-Financial/dp/1595555277/ref=sr_1_1?ie=UTF8&qid=1448904191&sr=8-1&keywords=total+money+makeover) and tell him to follow the baby steps. If he comes to you again or doesn't follow your advice, remind him to follow the baby steps. Repeat as needed.\""}
{"_id": "47182", "title": "", "text": "R would work, and would be what I'd use, but I only make scripts for myself, so sometimes they're dirty and I just call them from my R environment.    I guess it depends if it's a tool for individual use, or an app you want to sell or have others use.  If it's a standalone app others have to use, I'd probably use Java."}
{"_id": "47184", "title": "", "text": "Establish good saving and spending habits. Build up your savings so that when you do buy a car, you can pay cash. Make spending decisions, especially for housing, transportation and entertainment, that allow you to save a substantial portion of your income. The goal is to get yourself to a place where you have enough net worth that the return on your assets is greater than the amount you can earn by working. (BTW, this is basically what I did. I put my two sons through top colleges on my dime and retired six years ago at the age of 56)."}
{"_id": "47188", "title": "", "text": "A lot of people in this thread have provided excellent information from a public company's perspective (with respect to WACC, etc.), but I'll chime in from a private company's perspective (specifically, a tech start-up).  Two reasons a private company would prefer to receive financing in the form of debt as opposed to equity:  1) It can't sell equity at a good valuation (or at all). In this case, the company may have no choice but to raise debt financing, using assets as collateral and also diverting future cash flows away from growth initiatives for the sake of servicing the debt. This is obviously a bad situation for the company. Also, because debt is senior to equity, in the case of a bankruptcy, owners would only be able to recover money from the sale of the company / liquidation after debt owners have been paid.  2) The company's owners don't want to further dilute their ownership stakes and are willing to have the company pay interest to avoid it. Sometimes private company owners will take on debt with the purpose of buying out other owners. In some other cases, the company's management thinks equity in their company will increase in value disproportionately to what investors might give it credit for. In these cases, the math is simple: projected valuation growth versus the valuation financing is available at, taking into account the interest paid on the debt."}
{"_id": "47197", "title": "", "text": "What you've expressed is the heart of progressives and socialists, and why they so often lead to tyranny and totalitarianism.  The minute you think people are stupid and need to be told what to do, you are corrupted. Why would you think *other* people are irrational and evil, but you are rational and good enough to see the error of their ways? This thinking only leads to tyranny and things like forced sterilization, institutionalization, and a vast police state.  If a society is good, then minority Y won't be screwed for long. If society is evil (as you believe), then minority Y is screwed anyway. Legislation doesn't help, and frankly giving the government power to legislate morality is just going to end badly when the *wrong* government gets into power.   Haven't you people learned from this Trump debacle? Why would you double down and give the government *more* power?"}
{"_id": "47216", "title": "", "text": "No, the IRS doesn't care about your transfers."}
{"_id": "47217", "title": "", "text": "\"If any one thing says \"\"big move,\"\" it's that' AAPL is approaching $100 (approximately a split and dividend adjusted all-time high).  Stocks act weird around big numbers - but if you could count on just a few things in trading, it's that if AAPL moves past $100, it won't just move a couple more bucks - it will move convincingly higher.\""}
{"_id": "47220", "title": "", "text": "Why doesn't someone make an app like uber but is more about putting it in the users market. I have used uber so I don't know how much you get to set your rates and such, take cash instead of C.C. (you deal with getting the money, not the app) IDK, how to word it, but basically government out of it, somehow."}
{"_id": "47227", "title": "", "text": "&gt; Content providers pay for the right to access the network, just like you or I.  Yes.  They pay. So what are you arguing here?  Some can pay more, some can pay less.  If Netflix wants to use 37% of the total bandwidth in North America at peak times, there's no reason not to charge Netflix more for that service.  It's business."}
{"_id": "47230", "title": "", "text": "Never buy a house unless you really want to buy that house. If you want to buy a rental, look around and find the right rental to buy; saving a few hundred on moving costs isn't a good reason to buy the wrong property at the wrong price."}
{"_id": "47241", "title": "", "text": "\"A bit surprising that this happened during the \"\"I love everyone\"\" Obama era.   BTW, it's the CIA job to do exactly this. Most other countries such as China, Russia (USSR), Iran have programs to do the same thing.  Destabilize your direct and indirect rivals/enemies and support governments sympathetic to the us.\""}
{"_id": "47253", "title": "", "text": "&gt;you pple just dont understand anything.  That's nice. It's 8:00 here and am going to work now. You unemployed Occupy people continue to rant about how much the system sucks and everyone should get a free pass. Good luck with that."}
{"_id": "47260", "title": "", "text": "Typically you can only claim as business deductions those expenses which strictly relate to your business. In some cases, if you have a dedicated home office in your house, you can specify that expenses related to this space (furniture, etc.) are business expenses because it is a dedicated space. For example, I know of someone in sports broadcasting who claimed several TVs as a business expense, but these are for a room in his house that he uses only for watching games related to his work responsibilities, and never for entertaining, having friends over, etc. I think it will be difficult for you to count any portion of this type of installation as a business expense as it would relate to both your business as well as your residence. If you intend to try to get this deducted, I would strongly recommend consulting a CPA or tax attorney first. I think it will be difficult to prove that the only benefit is to your LLC if your electricity bills/credits are co-mingled with those for your residence. Best of luck!"}
{"_id": "47276", "title": "", "text": "Presumably you mean to ask what happens if State Street files chapter 7 bankruptcy, since not all bankruptcy proceedings end in liquidation.  SPY is a well known ticker, I can't imagine that there wouldn't be an eager bank willing to pay to pick up that ticker and immediately acquire all the assets related to it. The most likely scenario is that another bank would assume control of the ticker and assets, and the shares would continue trading as they always have. A less likely scenario is that no other financial institution wanted to acquire SPY, and the shares would be liquidated and the proceeds would go to the owners of shares of the ETF. Since the underlying assets are in companies that have actual value, the shares shouldn't trade at much of a discount prior to liquidation. Additionally, if there is a black swan event, there will probably be losses on the underlying assets, so it might even be helpful if the SPY fund was tied up in legal proceedings while everyone gets their heads straight in the market."}
{"_id": "47289", "title": "", "text": "That was a simple miscommunication, soupaman, for which I actually apologized.   Do trolls apologize? No. Look at magicunderpants for an example of trolling.   EDIT: btw, the reason I state my experience *and* our income is simple: it's proof. People who don't bother to even read the simple blog sidebar are going on about how I can't possibly know anything, but oh, I do.  And people don't even know that it's possible to do what I do and earn that kind of income. But it is very possible. That's why I talked about numbers when I was invited to be interviewed on Mixergy. You have no idea the kind of fan mail I got for that.  Most bootstrapping companies will never reveal their income, but we should: http://unicornfree.com/2011/drawing-back-the-curtain/"}
{"_id": "47293", "title": "", "text": "\"Levinson's father rented that space, but as business boomed, he built a one-level permanent space in the same complex and moved the business into it. Soon after, in the early 1970s, the color TV boom hit. \"\"Sylvania, GTE and RCA were the players then,\"\" he remembered.\""}
{"_id": "47311", "title": "", "text": "&gt;Imagine Having to field unlimited additional emails from people outside of your own dept who perhaps don't know/understand how your dept operates/functions.  Is the person who sent the email of any position for you to care enough to respond about how they don't know shit? If so, they're important enough to be helped along. If not, ignore them - at least, my initial skim through said that nobody was under any obligation to respond."}
{"_id": "47328", "title": "", "text": "\"Not really. It's good to supplement a shitty school and bad GPA with, a nice thing to pursue and great at teaching you finance if you're not a finance major.  It will undeniably look good on a resume, however, it will not make or break you, outside of possibly you being in Top 3 internship candidates and you're the only CFA candidate.  It's practically useless for trading, but a friend of mine at a brokerage is getting his so that he can have more \"\"authority\"\" with clients, although, he is at a foreign brokerage and the clients tend to need that assurance that the broker knows what they're doing.\""}
{"_id": "47344", "title": "", "text": "Is this a time of day effect by using, e.g. closing prices, in markets that close at different times?  If so, you can mitigate this by looking at returns over longer periods (weekly, monthly or quarterly).  If the cross-listed equities are showing consistently different returns at the exact same time, then you should be more concerned in figuring out how to trade the arbitrage rather than estimating a beta."}
{"_id": "47373", "title": "", "text": "\"If the answer were \"\"no,\"\" you still found the 'black swan' type exception that proves the answer to be \"\"yes,\"\" right? My experience is this - again just my experience, my bank - When by balance goes below $10, I have the account trigger an email. I wrote a check I forgot to register and subtract, so the email was sent and the account balance in fact showed negative. I transferred to cover the check and the next day, there was a history that didn't go negative, the evening deposit was credited prior to check clearing.  I set up my bills on line. I set a transfer in advance for the same dollar amount as a bill that was due, e.g. $1000 transfer for a $1000 bill. I woke up to an email, and the account showed the bill was paid prior to the transfer. So one line showed going -$900, and the next line +$100 after transfer. Even though it's the same online process. Again, the next day the history re-ordered to look like I was never negative. But even on a day I know I'm having payments issued, I can never just ignore that email.  The first time this happened, I asked the bank, and they said if the negative went until the next day, I'd get an overdraft/short balance notice.  This is a situation to ask your bank how they handle this.\""}
{"_id": "47383", "title": "", "text": "The United States is no longer on a gold standard, and the value of its currency is solely founded on the productivity of its economy. So I don't think there's any practical reason for the United States government to explicitly sell off a lot of gold to force the price to crash. In fact I would expect that the price of gold has very little interest for the Fed, or anyone else in a position of economic power in the government. I believe that we still have large reserves of it, but I have no idea what they are intended for, aside from being a relic of the gold standard. Best guess is that they'll be held on to just in case of an international trend back towards the gold standard, although that is unlikely on any time frame we would care about."}
{"_id": "47414", "title": "", "text": "How to file a claim with us. You've been involved in an auto accident, or your home's roof was damaged by heavy winds, or one of your employees was injured ...Claims Pages print and online directories are the largest circulated reference sources for insurance claims adjusters."}
{"_id": "47441", "title": "", "text": "Your credit score is really bad, and it's highly unlikely anyone will be willing to give you a mortgage, especially if you still have bad debt showing up on your credit report. What would help? Well, clearing off any bad debt would be a good place to start. Ideally, you want to get your credit rating up above 680, though that may be optimistic here. Note, though, that bad debt falls off your credit report after a while. Exactly how long depends on your province. Note that making partial payment, or even just acknowledging the debt, will reset the 'timer', however. I mention this, though, because you mention some of your debt is from 5 or 6 years ago. It may be just about to fall off. It would also help if you can show that your credit is so bad because of mistakes from a number of years ago, but you've been making payments and staying on top of all debts for the past few years, if that's the case. Also, it would help if you had a reasonable downpayment. 20% minimum, but you'll be a lower credit risk if you are able to put down 50 - 75%. You could also consider having someone with good credit co-sign the mortgage. Note that most people will not be willing to do this, as they take on substantial financial risk. All that said, there are some institutions which specialise in dealing with no credit or bad credit customers. You pay more fees and will pay a vastly higher interest rate, but this may be a good option for you. Check out mortgage brokers specialising in high-risk clients. You can also consider a rent-to-own, but almost all the advice I've ever seen say to avoid these if you can. One late payment and you may lose all the equity you think you've been building up. Note that things may be different if you are moving from the U.S. to Canada, and have no credit history in Canada. In that case, you may have no credit rather than bad credit. Most banks still won't offer you a mortgage in this case, but some lenders do target recent immigrants. Don't rule out renting. For many people, regardless of their credit rating, renting is a better option. The monthly payments may be lower, you don't need a downpayment, you don't have to pay realtor and legal fees (and pay again if you need to move). A couple of sites provide more information on how your credit rating affects your possibility of getting a mortgage, and how to get mortgages with bad credit: http://mortgages.ca/credit-score-needed-mortgage-canada/ and http://mortgages.ca/mortgage-solutions/new-to-canada-financing/, along with  http://www.ratehub.ca/mortgage-blog/2013/11/how-to-get-a-mortgage-with-bad-credit/"}
{"_id": "47450", "title": "", "text": "What this abbreviated balance sheet tells you is that this company has negative equity.  The liabilities are greater than the value of the assets.  The obvious problem for the company who wants to do business with you is that they are going to have a real hard time accessing credit to pay off any debts that they incur with doing business with you.  In this case, the recommended course would be to ask them put cash up front instead of putting them on account. You don't really need to look at the income statement to see that they are currently underwater.  If their income statement turns out to be splendid, then you can wait for them to get their liabilities under control before you set up an account for them."}
{"_id": "47527", "title": "", "text": "Not just lack of vision. Blockbuster was a large, comfortable, slow moving behemoth of a company, they wouldn't have risked cannibalising their current business model in order to create a new business model that might have become profitable a decade later. Not one chance in hell.  If Blockbuster had bought Netflix, they would have killed it. No doubt at all about that. But the market disruption was inevitable. Some other actor would have seized the opportunity instead, just a year or three later.  When a market is ready for disruption, killing the disruptor doesn't change anything, it just delays the inevitable by a short time. That's what happened with reddit. Kevin Rose invented reddit, he called his original version Digg. Digg is the original that reddit was a carbon copy of, but then Rose came down with a serious case of delusion of grandeur, started treating his users like utter shit, so they all left for the carbon copy that was reddit. Today, barley anyone remembers Digg."}
{"_id": "47528", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/1017457/there-is-a-point-at-which-it-will-make-economic-sense-to-defect-from-the-electrical-grid/) reduced by 79%. (I'm a bot) ***** &gt; A new study by the consulting firm McKinsey modeled two scenarios: one in which homeowners leave the electrical grid entirely, and one in which they obtain most of their power through solar and battery storage but keep a backup connection to the grid.  &gt; As daily needs for many are supplied instead by solar and batteries, McKinsey predicts the electrical grid will be repurposed as an enormous, sophisticated backup.  &gt; Solar panels and battery prices are dropping fast-lithium-ion batteries have fallen from $1,000 to $230 per kilowatt-hour since 2010-as massive new solar and battery factories come online in China and the US. By 2020, Greentech Media projects, homes and businesses will have more battery storage for energy than utilities themselves.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kchib/there_is_a_point_at_which_it_will_make_economic/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155595 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **grid**^#1 **battery**^#2 **utility**^#3 **solar**^#4 **McKinsey**^#5\""}
{"_id": "47542", "title": "", "text": "Zhongshan Opaye Industry Co.,Ltd. is a professional home appliances manufacturer in China. Opaye company is a one of the leading companies to produce the professional portable clothes dryer, electric thermo pot, electric water boiler, electric kettle, soymilk maker, juice extractor, slow juicer, screw juice extractor, soup maker, commercial blender, food processor etc. Opaye's products are sold well in worldwide markets, including the USA, Europe,Southeast Asia, Japan and Taiwan area. Opaye keeps the stable business relationships with such our world partners as Metro Germany, Sunbeam Europe and QVC UK. As an ISO9001/2000 certified company, opaye is highly focused on quality control, just-in-time delivery, cost control,provision of innovative and tailored products and good service to attain total customer satisfaction and maintain a win-win relationship with customers on a long-term basis. As a must to enter our target markets, most of our products are CE/GS, ETL, CB and CCC approved and Rosh compliant. To keep our advantage in the industry,we registered technology and design patent for our products and keep improving our quality and production efficiency. The in-house tooling workshop, metal department, plastic injection department and more than 1000 workers enable our cost efficiency and productivity. Repeating orders by our clients is the best proof that we have matched their demands in terms of quality and reliability. Welcome and find out how you will enjoy working with Opaye. Further information pls feel free to visit our website: www.opaye.com"}
{"_id": "47548", "title": "", "text": "Interesting: reddit, according to [privacyscore.com](http://www.privacyscore.com/), has a score of 50 out of 100 whereas target.com has 49 (up one point from the article).  &gt; ... privacyscore.com and it will rate it from zero to 100 based on the number of trackers on every page."}
{"_id": "47565", "title": "", "text": "It is one thing to take the advice of some numb-skulls on a web site, it is another thing to take the advice of someone who is really wealthy. For myself, I enjoy a very low interest rate (less than 3%) and am aggressively paying down my mortgage.  One night I was contemplating slowing that down, and even the possibility of borrowing more to purchase another rental property. I went to bed and picked up Kevin O'Leary's book(Cold Hard Truth On Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them), which I happened to be reading at the time.   The first line I read, went something like:  The best investment anyone can make is to pay off their mortgage early.  He then did some math with the assumption that the person was making a 3% mortgage payment.   Any conflicting advice has to be weighted against what Mr. O'Leary has accomplished in his life.  Mark Cuban also has a similar view on debt.  From what I heard, 70% of the Forbes richest list would claim that getting out of debt is a critical step to wealth building. My plan is to do that, pay off my home in about 33 (September '16) more weeks and see where I can go from there."}
{"_id": "47566", "title": "", "text": "\"They will show up ad they will be given the money when the time comes.   The central message out there right now is still \"\"don't buy a house\"\" especially while the smart money investors are still buying.  Messaging will change when the time comes.  Wait til housing prices are soaring and the media is completely in the tank with it.    Yeah I know it sounds crazy but when banks want to sell loans, they will market aggressively and people will buy.  Just like last time.\""}
{"_id": "47569", "title": "", "text": "A Kindle's screen displays text much better than most mass market paper novels.  Every time we moved prior to starting to mostly read ebooks we had boxes of books that we either gave away or threw away.  I rarely re-read books.  You can actually lend more and more books.  You can also borrow them (from Amazon if you're a Prime member and libraries if they participate).  Dedicated e-readers have batteries that are pretty tough to kill unless you keep the wireless on for several days.  Textbooks actually suck as ebooks in my opinion.  More annoying to take notes in, probably can't use the ebook version on any tests, and I'm more likely to need to page back and forth through a text book than a novel."}
{"_id": "47572", "title": "", "text": "When you purchase a mortgage, you have to prove the source of your down payment.  Primarily this is so that the mortgage lender knows that there are no other outstanding liens against the property.  If you show that some or part of your down payment was a gift, there is no fraud, but it may affect your qualification for the mortgage. Consult a lawyer in your area to determine if there is a legal way to gift the money that is not taxed.  If all else fails you could just pay the tax.  Also, you should research whether your gift is above the floor of taxable gifts."}
{"_id": "47574", "title": "", "text": "\"Between the top two manufacturers (not including Nintendo, because they're in their own bracket) I easily see Sony being the only traditional home console manufacturer in the next 10 or so years. I think there will still be the \"\"Xbox\"\" but it's going to be a much different system than what's currently offered. Either with a more PC-like interface or eventual Xbox service integration on all Windows computers.\""}
{"_id": "47579", "title": "", "text": "It is more easier if you select a Broker in India that would allow you these services. The reason being the broker in India will follow the required norms by India and allow you to invest without much hassel. Further as the institution would be in India, it would be more easy for resolving any disputes. ICICI Direct an Indian online broker allows one to trade in US stocks. For more details refer to ICIC Direct. Reliance Money also offers limited trading in US stocks. Selecting a Broker in US maybe more difficult as your would have to met their KYC norm's and also operate a Bank account in US. I am not aware of the requirements. For more details visit ICICI Direct website. Refer to http://www.finance-trading-times.com/2007/10/investing-in-us-stocks-and-options.html for a news article. TDAmeritrade or Charlesschwab are good online brokers, however from what I read they are more for US nationals holding Social Security. Further with the recent events and KYC norms becoming more stringent, it would be difficult for an individual [Indian Citizen] to open an account directly with these firms."}
{"_id": "47612", "title": "", "text": "A large number of the general population spends the huge of their cash to purchase lotto tickets and further on some mystery frameworks that offer ensured to win lottery money. The Global Lottery deals ascend to $300 billion for each annum. Take this game as stimulation, not as a source of income since it doesn't ensure that you win. Our lotto e-book motto is to show people how to win small prizes on a regular basis."}
{"_id": "47614", "title": "", "text": "If you can afford it, there are very few reasons not to save for retirement. The biggest reason I can think of is that, simply, you are saving in general. The tax advantages of 401k and IRA accounts help increase your wealth, but the most important thing is to start saving at an early age in your career (as you are doing) and making sure to continue contributing throughout your life. Compound interest serves you well. If you are really concerned that saving for retirement in your situation would equate to putting money away for no good reason, you can do a couple of things: Save in a Roth IRA account which does not require minimum distributions when you get past a certain age. Additionally, your contributions only (that is, not your interest earnings) to a Roth can be withdrawn tax and penalty free at any time while you are under the age of 59.5. And once you are older than that you can take distributions as however you need. Save by investing in a balanced portfolio of stocks and bonds. You won't get the tax advantages of a retirement account, but you will still benefit from the time value of money. The bonus here is that you can withdraw your money whenever you want without penalty. Both IRA accounts and mutual fund/brokerage accounts will give you a choice of many securities that you can invest in. In comparison, 401k plans (below) often have limited choices for you. Most people choose to use their company's 401k plan for retirement savings. In general you do not want to be in a position where you have to borrow from your 401k. As such it's not a great option for savings that you think you'd need before you retire. Additionally 401k plans have minimum distributions, so you will have to periodically take some money from the account when you are in retirement. The biggest advantage of 401k plans is that often employers will match contributions to a certain extent, which is basically free money for you. In the end, these are just some suggestions. Probably best to consult with a financial planner to hammer out all the details."}
{"_id": "47617", "title": "", "text": "That's good to hear. I got burned pretty hard, and would struggle to give them any more money. Plus I find GM seats and me don't get along.   But I'm glad that they are building something that seems quality again."}
{"_id": "47628", "title": "", "text": "\"&gt; For AMD, the rush to mine Ethereum has provided an unexpected boon.   &gt;\"\"Relative to cryptocurrency, we have seen some elevated demand,\"\" CEO Lisa Su said in the company's earnings call following another beat last week.  &gt; \"\"But it's important to say we didn't have cryptocurrency in our forecast, and we're not looking at it as a long-term growth driver.  Bullish crypto investors are making it hard to have a moderate outlook on this stuff. No straddling the fence!\""}
{"_id": "47670", "title": "", "text": "Very interesting article, it makes sense that if you have a way of compensating a CEO that seems accurate to you, your board and your consultant, that you would try to replicate it on other companies.  This isn't terrible practice. If it was, it wouldn't have been adopted by other firms.  The fact remains that there ARE goals that need to be met, and there isn't really much secrecy about what happens in the CEO office.  They have to make important decisions based on reports from many areas and many managers.  The ability to make the right ones isn't an easy task. Hence their high paygrade"}
{"_id": "47682", "title": "", "text": "Some aspect is legal some in grey area.  Please maintain proper documentation. Generally for amounts in question, there is less scrutiny from Income tax. Buying on behalf of your friends... First there is a limit of 250,000 USD, so fine on this point. Second is only licensed dealers can participate in FX. In your case, it can appear that you are acting as dealer.  On getting money back, this looks like gift and if it's more than 50,000 in a year it is taxable. Of course if you establish that it was convenience then no issues. So you need good amount of documentation, plus if you are getting paid after few months, tax can treat this as personal loan and arrive at deemed interest.  Edits: There is no guideline as to what the income tax will ask you, if there is a scrutiny. One would need to have paper work, a letter from friend requesting you to purchase things. You would have to keep a record of items ordered and match it with credit card statement. Proof that the goods were delivered to his address. Proof of equivalent credit entry from your friend into your bank statement. Reason why your friend could not do this himself. i.e. what is stopping him from getting a international debit/credit card?  So if you think you can convince that its convenience, yes, else taxes."}
{"_id": "47685", "title": "", "text": "I know the feeling. I used to smoke after doing my laundry. Had quit for about 10 days. Do laundry. Once i am done i was overwhelmed by this urge to smoke. Didn't see it coming. One of my most challenging moments. I somehow made through the next two hours till that urge waned off.  Thats why as you go along it becomes easier. If you need to talk to someone let me know."}
{"_id": "47688", "title": "", "text": "First of all, the picture says it all. This is written by some young girl that is clueless to the world. Yes, I looked her up, but besides creating some things of her own, what start ups has she worked for. To say they make you slave away seems pretty off base.  Second, I work for one of the top software companies in the world. They work the hell out of people, seldom hand out raises, etc. I am lucky that my position is not overworked like many of the others here.  Meanwhile, I worked for a start up, friends worked for start ups, and we acquired TONS of start ups where I work.   At the start up I worked for, I used to put in some crazy hours some days, but I could take them all back by leaving early other days. Everyone was relaxed, nobody was micromanaged, there were parties and work functions, beer Fridays, and it was just a great atmosphere. We also had awesome coffee. I can't drink the swill here.  Other start ups that I have known had foosball, pool tables, basket ball hoops, and other things making it fun to work there.  It has been my experience that start ups are generally where you want to be, and not giant corporations that are very well established. The people that were acquired all tend to hate it here when compared to their previous jobs."}
{"_id": "47690", "title": "", "text": "That's awesome! You're going to want to learn how to fly a small technical one first. Once you are comfortable spend couple thousand and start with basic maneuvers, as the size of your drone has changed!   Do you understand the legal responsibilities as a small business owner and have you taken any business classes? I'm a vet as well. Private message me man. I know a lot about business."}
{"_id": "47693", "title": "", "text": "A lot of dating sites work on a subscription model. So do websites like O'Reilly's Safari Bookshelf with technical documentation. A lot of sites which do not force you to pay also allow donations of some kind, e.g. reddit's gold system or all those webcomics using Patreon or something similar."}
{"_id": "47698", "title": "", "text": "&gt; If you're upset about the wealth gap simply because you're not wealthy there's your perspective.  That argument cuts both ways.  If the poor don't need more money because a burger and fries is happiness enough, then the rich don't need a mansion or fancy car either."}
{"_id": "47709", "title": "", "text": "The recent move of Indian Government with the daily revision of fuel price comes out as a better proposition for automobile users. Earlier, when petrol prices were revised every fortnight, a huge additional pressure was created due to a big variation in fuel prices. Therefore, the foremost benefit of a recent daily change in diesel price allows Indian fuel consumers to easily absorb any alteration in daily petrol prices by a few paise."}
{"_id": "47714", "title": "", "text": "Any publicly traded financial instrument can be sold short, in theory.  There are, however, many regulations associated with short sales of US equities that may prevent certain stocks from being sold short at certain times or through certain brokers. Some examples: the most basic requirement (this isn't a regulation, it's just the definition of a short sale) is that you or your broker must have access to someone willing to loan you his/her shares.  If you are interested in shorting a security with few shares outstanding or low trade volume, there may simply not be enough people in the world willing to loan you theirs.  Alternatively, there may be a shareholder willing to loan shares, but your broker may not have a relationship with the clearing house that shareholder is using.  A larger/better/different broker might be able to help. threshold securities list - since 2005, each day certain securities are not allowed to be sold short based on their recent history of liquidity.  Basically, if a certain number of transactions in a security have not been correctly settled over the past few days, then the SEC has reason to believe that short sales (which require extra transactions) are at higher risk of falling through. circuit breaker a.k.a. alternative uptick - since 2011, during certain market conditions, exchanges are now required to reject short sales for certain securities in order to prevent market crashes/market abuse."}
{"_id": "47725", "title": "", "text": "I don't get what the big fear of being marketed to is.  A customer isn't being forced into buying something, so they still have the option to say no.  I actually welcome the advertisements being curtailed to me my needs and wants.  That way I be bothered by things I don't want if I ever choose to pay attention to the advertisements."}
{"_id": "47738", "title": "", "text": "These markets are independent, just like any other stock market. For example, there are stocks on the Milan stock exchange that are also on the New York stock exchange and have different historical prices. Remember, this is all about offer and demand. The Hong Kong stock exchange has the Hong Kong Dollar as its currency, which is anchored to the USD. Also, there is more trade going on, on the Hong Kong stock exchange. As for the answer, I don't know whether these stocks are exactly the same. I guess they should be, but maybe somebody else could answer that."}
{"_id": "47744", "title": "", "text": "Title agencies perform several things: Research the title for defects. You may not know what you're looking at, unless you're a real-estate professional, but some titles have strings attached to them (like, conditions for resale, usage, changes, etc). Research title issues (like misrepresentation of ownership, misrepresentation of the actual property titled, misrepresentation of conditions). Again, not being a professional in the domain, you might not understand the text you're looking at. Research liens. Those are usually have to be recorded (i.e.: the title company won't necessarily find a lien if it wasn't recorded with the county). Cover your a$$. And the bank's. They provide title insurance that guarantees your money back if they missed something they were supposed to find. The title insurance is usually required for a mortgaged transaction. While I understand why you would think you can do it, most people cannot. Even if they think they can - they cannot. In many areas this research cannot be done online, for example in California - you have to go to the county recorder office to look things up (for legal reasons, in CA counties are not allowed to provide access to certain information without verification of who's accessing). It may be worth your while  to pay someone to do it, even if you can do it yourself, because your time is more valuable. Also, keep in mind that while you may trust your abilities - your bank won't. So you may be able to do your own due diligence - but the bank needs to do its own. Specifically to Detroit - the city is bankrupt. Every $100K counts for them. I'm surprised they only charge $6 per search, but that is probably limited by the State law."}
{"_id": "47747", "title": "", "text": "\"The Finance Buff discusses why the Roth 401k is often disadvantaged compared to a Traditional 401k in the article The Case Against the Roth 401k, including the following reasons (paraphrased): Contributions to the 401k come from the \"\"top\"\" of your highest tax bracket rate but withdrawals fill in from the \"\"bottom\"\".  For example, suppose you are in the 28% tax bracket.  Every marginal dollar you contribute to the Traditional 401k reduces your tax burden by .28 cents.  However, when withdrawing, the first $10,150 of income is tax-free (from standard deduction and exemption, 2014 numbers; $20,300 for married couples, joint filing).  The next dollars are at the 10% tax bracket, and so on.  This is an advantage for the Traditional 401k only if you earn less when withdrawing than you did when contributing, a reasonable assumption. Avoid High State Income Tax. There are many states that have low or no state income tax.  If you live in a state with a high income tax, paying tax now through the Roth 401k reduces the benefit of moving to a state with a lower income tax rate. Avoid triggering credit phaseouts. Many tax credits (e.g. student loan interest, child tax credit, Hope credit, Roth IRA eligibility, etc.) begin phasing out as your income increases.  Contributing to the Traditional 401k can help you realize more of those credits when you starting running up against those limits. As described in the article, if these items don't apply, contributing to the Roth 401k can be a valuable component of tax diversification.\""}
{"_id": "47757", "title": "", "text": "Doesn\u2019t that ban reduce the very lobbying we\u2019re talking about being a problem?  I still believe we should have a \u201cDevil\u2019s Advocate\u201d group on every bill, that researches all the negative effects the bill would have, and presents them."}
{"_id": "47774", "title": "", "text": "There are thousands things to do for fun but people are unable to find time for these things as they are surrounded by troubles and hardships of life. In that case you must visit summerfunguide.ca, at least once and gain real tips for enjoyment."}
{"_id": "47779", "title": "", "text": "\"You, yourself, cannot spend the money from life insurance because, well, you are dead.  So the question becomes \"\"what is best for those you leave behind?\"\".  Thus is a question that can only be answered by examining the individual(s) you would leave behind. Near as I can tell, you currently have no one else who may be significantly hurt by your passing. So you cannot answer this question until there is (are) that (those) other(s).  In the meantime, 'self-insure' by saving (true investing) up the money that you would otherwise be spending on premiums.\""}
{"_id": "47795", "title": "", "text": "The long term view you are referring to would be over 30 to 40 years (i.e. your working life). Yes in general you should be going for higher growth options when you are young. As you approach retirement you may change to a more balanced or capital guaranteed option. As the higher growth options will have a larger proportion of funds invested into higher growth assets like shares and property, they will be affected by market movements in these asset classes. So when there is a market crash like with the GFC in 2007/2008 and share prices drop by 40% to 50%, then this will have an effect on your superannuation returns for that year. I would say that if your fund was invested mainly in the Australian stock market over the last 7 years your returns would still be lower than what they were in mid-2007, due to the stock market falls in late 2007 and early 2008. This would mean that for the 7 year time frame your returns would be lower than a balanced or capital guaranteed fund where a majority of funds are invested in bonds and other fixed interest products. However, I would say that for the 5 and possibly the 10 year time frames the returns of the high growth options should have outperformed the balanced and capital guaranteed options. See examples below: First State Super  AMP Super  Both of these examples show that over a 5 year period or less the more aggressive or high growth options performed better than the more conservative options, and over the 7 year period for First State Super the high growth option performed similar to the more conservative option. Maybe you have been looking at funds with higher fees so in good times when the fund performs well the returns are reduced by excessive fees and when the fund performs badly in not so good time the performance is even worse as the fees are still excessive. Maybe look at industry type funds or retail funds that charge much smaller fees. Also, if a fund has relatively low returns during a period when the market is booming, maybe this is not a good fund to choose. Conversely, it the fund doesn't perform too badly when the market has just crashed, may be it is worth further investigating. You should always try to compare the performance to the market in general and other similar funds. Remember, super should be looked at over a 30 to 40 year time frame, and it is a good idea to get interested in how your fund is performing from an early age, instead of worrying about it only a few years before retirement."}
{"_id": "47798", "title": "", "text": "Center for Research in Security Prices would be my suggestion for where to go for US stock price history. Major Asset Classes 1926 - 2011 - JVL Associates, LLC has a PDF with some of the classes you list from the data dating back as far as 1926. There is also the averages stated on a Bogleheads article that has some reference links that may also be useful. Four Pillars of Investing's Chapter 1 also has some historical return information in it that may be of help."}
{"_id": "47812", "title": "", "text": "The Fools have a range of advice from common-sense to speculative, aimed at different audiences (one hopes). As always, don't take anyone's word for it; think it through and decide whether the risk/reward ratio is really in your favor and how much you can afford to risk. They're good on the basics, but the more advanced they get, the more risk there is that they've got it wrong. That last is true of any advisor unless they have information that the rest of us don't. You can learn some things from their explanations of their reasoning without necessarily taking their conclusions as gospel."}
{"_id": "47824", "title": "", "text": "\"Written by Alastair Williamson. Notable author of articles such as   \"\"The Whole Damn System May Collapse Next Year\"\",   \"\"Major Crisis of Cuture And Economy Coming Soon\"\",   \"\"Horrendous Storm to Hit Stocks\"\",   \"\"Central Banks Have Failed, Now They Exit, Economic Crash Expected\"\",  \"\"DETROIT FORETELLS AMERICA\u2019S FUTURE: IT\u2019S VERY BAD\"\",  \"\"THE TRIANGLE OF DEATH IN BALTIMORE: Hundreds of Murders Happen Here\"\"  I sense a pattern here.   https://squawker.org/author/alistair-williamson/\""}
{"_id": "47827", "title": "", "text": "Based on what you wrote, you would be better off with no position to start, and then enter a buy stop 10% above the market, and a sell stop 10% below the market, both to open positions depending on which way the market moves. If the market doesn't move that 10%, you stay flat. However, a long option straddle position requires that the market moves significantly one way or the other just so you recover the premium that you paid for the straddle. If the market doesn't move, you will lose money on your straddle due to theta decay and a drop in volatility. Alternatively, you could buy a strangle, with a call strike 10% out, and a put strike 10% out. The premiums would be much much lower, and these wculd take the place of the stop entries. Personally, I would never buy a straddle, but I do sometimes sell them, especially when implied volatility is very high."}
{"_id": "47832", "title": "", "text": "We had this happen to us 2 months ago.  There is basically a criminal organization called United telecom they are partnered with. United Telecoms business model is switching your long distance without your permission.  We get a bill and each phone line has all these extra charges that add up to about $100.  I call to find out what is happening and I find out we have been slammed (long distance switched without our permission).  Apparently they call and ask if this is business X and if you say yes they are recording it and use that as evidence that you agreed to have your long distance switched.  I spent close to six hours on the phone getting our account back in order.  One of the people I spoke with at Centurylink said they got a lot of calls about United Telecom.  It sounded like switching long distance services was a standard business practice for them.   When I spoke with United Telecom, it was way to easy.  The person that answered the phone removed our charged without any questions. I thought that was strangely easy.  If this is actually how they make money, why would they back it off so easily?  So I called Centurylink back because I figured there had to be something else they left out when I spoke with them earlier.  After some digging, bundled up in an other charges section was about $5 for switching our long distance service.  It took me almost a whole day to get this straightened out. I spoke with 16 different people at Centurylink.  It became hilarious.  I had them on speaker phone and we would just start laughing.  One minute sir, I will connect you to business services.  Here is the direct phone number in case you get disconnected. 20 minutes of being on hold, then, I am sorry sir this is residential I will have to transfer you to business.  Same freaking thing, over and over and over.  I assume most people just give up or don't have the time to sort this stuff out.  TL;DR It seems like Centurylink continues to allow United Telecom to switch long distance services for their clients, because it generates significant revenue for them.  [edit] If you don't want this to happen to you, put a lock on your services.  It takes two part authentication to change anything after that."}
{"_id": "47859", "title": "", "text": "Ultrasound machines have been especially helpful in diagnosing cardiac diseases. We know the criticality of heart in a healthy human body. In their initial stage, heart diseases can be cured through medicine and surgery. However, without a proper diagnostic tool, it was very difficult to ascertain a heart ailment earlier."}
{"_id": "47904", "title": "", "text": "\"Absent a pre-nup, it's a case of \"\"lawyer vs lawyer,\"\" you can't count on protecting what you came into the marriage with. In theory, what you propose sounds fair, but the reality of divorce is that everything is fair game. much depends on each spouse's earnings and impact of child-raising. For example, a woman who gives up time in a career may go after more than half, as she may be X years behind in her career path due to the choices made to stay home with the kids. I think each divorce is unique, not cookie cutter.\""}
{"_id": "47923", "title": "", "text": "Being new does not allow me yet to vote on your question, but what a good question it is. We share our opinion in separating finances in our very well going mariage. Currently I have found a sort of okay solution in two websites. These are http://www.yunoo.nl and http://www.moneytrackin.com/. You can actually tag spendings with multiple tags.  I don't like the idea that the data is on a remote server, but since I have not found a proper  local software solution, I just naively trust their promise that your data is save. Then again our financial situation is not that special."}
{"_id": "47933", "title": "", "text": "No shit. Who thought it was? I got very lucky but I hit that number the year I turned 24 with mediocre GPA in a non-engineering field from a state school and didn't have any family connections. I know that's not typical but it also means $100k/yr is far to achievable to be in the top 1%."}
{"_id": "47946", "title": "", "text": "I think the main question is whether the 1.5% quarterly fee is so bad that it warrants losing $60,000 immediately. Suppose they pull it out now, so they have 220000 - 60000 = $160,000.  They then invest this in a low-cost index fund, earning say 6% per year on average over 10 years.  The result: Alternatively, they leave the $220,000 in but tell the manager to invest it in the same index fund now.  They earn nothing because the manager's rapacious fees eat up all the gains (4*1.5% = 6%, not perfectly accurate due to compounding but close enough since 6% is only an estimate anyway).  The result: the same $220,000 they started with. This back-of-the-envelope calculation suggests they will actually come out ahead by biting the bullet and taking the money out.  However, I would definitely not advise them to take this major step just based on this simple calculation.  Many other factors are relevant (e.g., taxes when selling the existing investment to buy the index fund, how much of their savings was this $300,000).  Also, I don't know anything about how investment works in Hong Kong, so there could be some wrinkles that modify or invalidate this simple calculation.  But it is a starting point. Based on what you say here, I'd say they should take the earliest opportunity to tell everyone they know never to work with this investment manager.  I would go so far as to say they should look at his credentials (e.g., see what kind of financial advisor certification he has, if any), look up the ethical standards of their issuers, and consider filing a complaint.  This is not because of the performance of the investments -- losing 25% of your money due to market swings is a risk you have to accept -- but because of the exorbitant fees.  Unless Hong Kong has got some crazy kind of investment management market, charging 1.5% quarterly is highway robbery; charging a 25%+ for withdrawal is pillage.  Personally, I would seriously consider withdrawing the money even if the manager's investments had outperformed the market."}
{"_id": "47949", "title": "", "text": "Wow that is really great that you have such an amazing organization.  Unfortunately I don't believe that I will get the financial support I need to start one up myself.  I was going to start a Kickstarter campaign but people on Reddit didn't even see it happening so I think I will keep dreaming for now.    I do have some rough ideas in mind and have looked into some real estate as well but the financial obstacle is something that will be too hard to come over.  Thanks so much for reaching out though."}
{"_id": "47950", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/anarcho_capitalism] [A Stockholm sufferer over at \\/r\\/economy...](https://np.reddit.com/r/Anarcho_Capitalism/comments/6helej/a_stockholm_sufferer_over_at_reconomy/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "47957", "title": "", "text": "Yes, but make sure you issue a 1099 to these freelancers by 1/31/2016 or you may forfeit your ability to claim the expenses. You will probably need to collect a W-9 from each freelancer but also check with oDesk as they may have the necessary paperwork already in place for this exact reason.  Most importantly, consult with a trusted CPA to ensure you are completing all necessary forms correctly and following current IRS rules and regulations.  PS - I do this myself for my own business and it's quite simple and straight forward."}
{"_id": "47973", "title": "", "text": "\"First, I applaud you for caring.  Most people don't!  In fact, I was in that category.   You bring up several issues and I'll try to address them separately. (1) Getting a financial planner to talk with you.  I had the same experience!  My belief is that they don't want to admit that they don't know how things work. I even asked if I could pay them an hourly fee to ask questions and review stocks with them.  Most declined.  You'll find that very few people actually take the time to get trained to evaluate stocks and the stock market as a whole.  (See later Investools.com). After looking, however, I did find people who would spend an hour or two with me when we met once a quarter to review my \"\"portfolio\"\"/investments.  I later found training that companies offered.  I would attend any free training I could get because they actually wanted to spend time and talk and teach investors. Bottom line is: Talking to their clients is the job of a financial planner.  If he (or she) is not willing to take this time, it is in your best interest to find someone who will spend that time. (2) Learning about investing! I'm not affiliated with anyone.  I'm a software developer and I do my own trading/investments.  The opinions I share are my own. When I was 20 years away from retirement, I started learning about the stock market so that I would know how it worked before I retired so that (a) I could influence a change if one was needed, and (b) so I wouldn't have to blindly accept the advice of the \"\"experts\"\" even when the stock market is crashing. I have used Investools.com, and TDAmeritrade's Think-or-Swim platform.  I've learned a tremendous amount from the Investools training.  I recommend them.  But don't expect to learn how to get rich from them or any training you take. The TDA Think-or-swim platform I highly recommend BECAUSE it has a feature called \"\"Paper Money\"\".  It lets you trade using the real market but with play money.  I highly recommend ANY platform that you can use to trade IN PAPER money! The think-or-swim platform would allow you to invest $30,000 in paper money (you can have as much as you want) into any stock.  This would let you see if you can make more money than your current investment advisor.  You could invest $10K in one SPY, $10K in DIA and $10K in IWM (these are symbols for the S&P 500, Dow 30, and Small Cap stocks).  This is just an example, I'm not suggesting any investment advise! It's important that you actually do this not just write down on a piece of paper or Excel spreadsheet what you were going to do because it's common to \"\"cheat\"\" and change the dates to meet your needs.  I have found it incredibly helpful to understand how the market works by trying to do my own paper and now real money investing. I was and you will be surprised to find that many trades lose money during the initial start part of the trade because it's very difficult to buy at the exact right time. An important part of managing your own investments is learning to trade with rules and not get \"\"emotionally involved\"\" in your trades. (3) Return on investment. You were not happy with $12 return.  Low returns are a byproduct of the way most investment firms (financial planners) take (diversification).  They diversify to take a \"\"hands off\"\" approach toward investment because that approach has been the only approach that they have found that works relatively well in all market conditions.  It's not (necessarily) a bad approach.  It avoids large losses in down markets (most riskier approaches lose more than the market).  The downside is it also avoids the high returns.  If the market goes up 15% the investment might only go up 5%. 30K is enough to give to multiple investment firms a try.  I gave two different firms $25K each to see how they would invest.  The direction was to accept LOTS of risk (with the potential for large losses or large gains). In a year that the market did very well, one lost money, and one made a small gain.  It was a learning experience.  I, now, have taken the money back and invest it myself. NOTE: I would be happy with a guy who made me 10-15% year over year (in good times and bad) and didn't talk with me, but I haven't found someone who can do that. :-) NOTE 2: Don't believe what you hear from the news about the stock market being up 5% year to date.  Do your own analysis. NOTE 3: Investing in \"\"the market\"\" (S&P 500 for example) is a great way to go if you're just starting.  Few investment firms can beat \"\"the market\"\" although many try to do so.  I too have found it's easier to do that than other approaches I've learned.  So, it might be a good long term approach as well. Best wishes to you in your learning about the market and desires to make money with your money.  That is what is all about.\""}
{"_id": "47979", "title": "", "text": "\"I always hesitate to provide an answer to \"\"how does this affect my credit score?\"\" questions, because the credit agencies do not publish their formulas and the formulas do change over time. And many others have done more reverse engineering than I to figure out what factors do affect the scores. To some extent, there is no way to know other than to get your credit score and track it over time. (The credit report will tell you what the largest negative factors are.) However, let me make my prediction. You have credit, you aren't using a large percentage of it, and don't have defaults/late payments. So, yes, I think it would help your credit score and would build a history of credit. Since this is so unusual, this is just an educated guess.\""}
{"_id": "47985", "title": "", "text": "\"Index funds do leech a \"\"free ride\"\" on the coattails of active traders.  Consider what would happen if literally everyone bought index funds.  For a company there would be no motivation to excel. Get listed; all the index funds are forced to buy your stock; now sit on your derriere playing Freecell, or otherwise scam/loot the company.  Go bankrupt. Rinse wash repeat.  This \"\"who cares who John Galt is\"\" philosophy would kill the economy dead.   Somebody has to actually buy stocks based on research, analysis and value.  Company managers need to actively fear, respect and court those people.  They don't need to be mutual-fund managers, but they do need to be somebody.  Maybe activist investors like Warren Buffett will suffice.  Maybe retirement fund or endowment managers like CalPERS or Harvard can do this.  Better be somebody!  I'm all for index funds... Just saying only a fraction of the market's capital can be in index funds before it starts into a tragedy of the commons.\""}
{"_id": "48017", "title": "", "text": "\"If it isn't measurable, his quote makes no sense.  \"\"People ought to be paid in a way that bears some relationship to the value they contribute to society... which can't be measured.\"\"  Somehow I doubt that's what Keynes was thinking.\""}
{"_id": "48025", "title": "", "text": "\"[This is article is by an industry shill:](https://www.nytimes.com/2014/02/10/us/politics/fight-over-minimum-wage-illustrates-web-of-industry-ties.html)  &gt;\"\"But something fundamental goes unsaid in the institute\u2019s reports: The nonprofit group is run by a public relations firm that also represents the restaurant industry, as part of a tightly coordinated effort to defeat the minimum wage increase that the White House and Democrats in Congress have pushed for.\"\"  -  &gt;\"\"The major reports released by the institute are prepared by outside academics, like **Joseph J. Sabia**, an associate professor of economics at San Diego State University, **who has collected at least $180,000 in grant money from Mr. Berman\u2019s group over the last eight years to deliver seven separate reports, each one concluding that increasing the minimum wage has caused more harm than good \u2014 or at least no significant benefit for the poor.**\"\"\""}
{"_id": "48028", "title": "", "text": "So you're the dumbest guy in the thread so far, congrats. I mean that as fucking mean as possible, because someone needs to shock you motherfuckers out of the stupid you are infected with, being nice, patient, and thoughtful hasn't worked at all so far. That said, I'll gladly try to help you find your way back to the world the rest of us actually exist in if you ask."}
{"_id": "48029", "title": "", "text": "I see, I want to make it clear that I respect your reply so you don't misinterpret my response but on the other hand, I feel that finance is filled with people who don't know what the heck they're doing.  I think half these people were lucky enough to get into the finance world, if that's the case, then grooming at an early age isn't really necessary.  Just that you have a nice smile, handsome mug, and are a natural charmer.  I think those assets go a long way in talking yourself into a job...  what do you think?"}
{"_id": "48038", "title": "", "text": "We specialise in bike sheds, but have a bespoke service and can design and build pretty much anything.  We are sending two sheds to California next week, and already have one in Texas, as well as across Europe.  Our website is www.thebikeshedcompany.com  Being able to export without incurring huge shipping costs is our current challenge."}
{"_id": "48050", "title": "", "text": "Convexity refers to vega. Gamma refers to delta. Negative carry refers to time decay."}
{"_id": "48071", "title": "", "text": "I would say you are wrong. I think you're underestimating a good warehouse worker. There is a skill set involved, and many do not have it. Sadly, many people don't know any better than to arrive high, drunk, hung over, late, or not at all on a regular, for starters. Most warehouse workers don't just lift heavy things anymore. In fact, probably the majority never lift anything heavy at all. They run power equipment. Big, expensive, dangerous power equipment that does most of the lifting. Again, not everyone can handle that. One power equipment accident can end up costing the company tens of thousands of dollars.   Aside from that, the people performing those jobs are hardly the only employees present. Someone has to check in the trucks, audit the receivers, distribute the work of sorting, coreograph the loading and distribution of product out to the stores, maintain the computer systems, and a thousand other small tasks on a daily basis. I can assure you these positions require a whole lot more skills than the average loom worker in the 1800s was required.  Really, I find it scary how much you are devaluing these people. The fact most well-paying warehouses constantly go a few hands short is testiment to the fact good people are not actually a dime a dozen.  Edit a word.  Ninja Edit:  Another thing about this is that you seem to want to believe people had a choice in not developing whatever killer skillset it is you think makes you better than them. The reality is many very intelligent people cannot afford college. They don't have parents willing to give them a dime or a leg up, or their parents simply do not have the dime or the leg up to give them even if they wanted to. They're smart, but had to work during high school to support a portion of their own expenses, and that hurt their grades a bit. Or they were young, idiotic, and had little guidance because their parents were constantly away working their arses off for a pitance to survive on, so they goofed off in high school more than they ought resulting in an inability to qualify for scholarships. Suddenly, they're grown. They have to provide housing, food, and whatever for themselves, so they get crap jobs thinking they'll find a way to parlay that into skills or education when the reality is most employers just want to suck as much out of the employee for the least possible contribution. Any general manager of a large facility will tell you bragging rights on the golf course are to he who spends the least for the most work done. The majority of low skill low pay workers would gladly go back to college if only they could. Even if they can somehow scrape together the cash required - now over $8k a year for tuition, a crappy dorm and a food ticket at state colleges in my state, and books will run you $500 a semester for many majors - there is the issue of time. After working a grueling hopefully full-time job, they'd need to find it in them to stay awake during class and to complete assignments. On top of that, there is the question of timing. Especially in low skill jobs, it is usually required that the employee be available at company pleasure. Try finding a school in your area which has the classes you need times you can attend. Good luck with that. But wait! There are government subsidies! Yeah, good luck with that as well. If you've been working any half-decent job and apply, and are under 25 and your parents also make half-decent wages, you will be lucky to be offered loans. They aren't even low interest loans anymore. Also, god forbid your parents have a little emergency nest egg saved up from years of hard labor in the salt mines. Or - horrors - own a small, crappy, cookie-cutter, not-aging-well tract home free and clear. That'll cost you big in financial assistance from the goverment."}
{"_id": "48087", "title": "", "text": "\"Simple and straight-forward.  \"\"I'm sorry but I don't co-sign loans.  I've heard horror stories (or had bad experiences if you actually have) about these things going bad and ruining friendships.  Your friendship is more important to me than you getting this car/stereo/whatever.\"\"   You could go on to explain that it's not necessarily a lack of trust in them, but the problem could be cause by things beyond either of your control.  Let's say there's an error at the bank and his payment doesn't get processed on time and it hits your credit score.  Next thing that happens is your credit card company sees the change in your score and jacks up the rate on your card.   Neither of you did anything wrong, but now instead of him just fighting with the bank about the payment not getting processed on time, you are having to fight with your credit card company.  You are both in an awkward situation.  You might get pissed at him (you could make this out to be a failing on your part) even though it wasn't his fault.  Or he might be embarassed to come around even though you know it wasn't his fault and aren't pissed at him.\""}
{"_id": "48088", "title": "", "text": "No worries. But while we are on the topic, how do you feel about it if you don't mind me asking? I am curious to hear what other people think an ideal solution would have been if they don't agree with the decision."}
{"_id": "48104", "title": "", "text": "We don't have all the relevant numbers to give you the perfect answer. Knowing your income is pretty important for this question, but, since you have 200K in student loans, I'm going to guess (and hope) you probably make more than 80K/yr which is the cutoff for deducting student loan interest. (It starts phasing out once you make over 65K and fully phases out at 80K, or 160K if you're married.) Even if you make less than 65K, you can only deduct a max of 2500/yr in student loan interest and you'll be maxing that out for at least the next 4 years. So, my take is: Throw it at the student loan. Your mortgage interest is (probably) fully deductible, which means your mortgage interest rate is effectively reduced by your tax bracket. E.g. if you are in the 28% tax bracket a 4% mortgage rate would effectively become 2.88%. Outside of that, if you were to make minimum payments on your mortgage and student loans starting now, as soon as your student loan is paid off I would start making that same student loan payment amount towards your mortgage. This way you won't have any change in cash flow, but it will significantly lower the term of your mortgage. (Which is what would happen if you choose to pay down the mortgage now, but then you don't get the tax advantage on the difference.)"}
{"_id": "48141", "title": "", "text": "If you have good ideas to make the memorial vacation in escape rooms, then you should choose the most beaches in Florida. As you know, everyone wants the fabulous service in their budget and spend the time with your family. The escape rooms are designed beautiful location that's a very nice place in USA. There are so many reasons to come here, we have sweet 16 ideas west palm beach party. West Palm Beach Escape Rooms is one of the great adventure for the particular occasion. If you would like to play the escape room's games, that's very amazing and funny activity inside the escape rooms, where given you a mission such as a target that you will have to complete in a given time."}
{"_id": "48153", "title": "", "text": "Yes you can.  This is known as a short selling against the box.  In the old days, this was used to delay a taxable event.  You could lock in a gain without triggering a taxable event.  Any loss on one side of the box would be offset by a loss on the other side, and vice versa.  However, the IRS clamped down on this, and you will realize the gain on your long position as soon as you go short on the other side.  See http://www.investopedia.com/terms/s/sellagainstthebox.asp. As to how to initiate the short cover, just transfer the long position to the same account as your short position and make sure your broker covers the short.  Should be relatively easy."}
{"_id": "48188", "title": "", "text": "449 of the 500 companies in the S&amp;P 500 used 54% of their earnings to buy back shares for over $2 trillion.   Rather than invest in development, capital, human capital, bigger dividends, they're repurchasing shares to boost their EPS and increase share value in the short term. Why is this an issue? Because it shows that these companies are uneasy about the long term. It stunts growth. Doesn't have to be research, simply expansion or rewarding employees/shareholders. Employees of the company receive no benefits and bagholders may make a quick buck short term, but suffer long. Execs of the company however get fat AF checks for hitting target ratios and price. Stock buybacks enable this."}
{"_id": "48203", "title": "", "text": "You have many options, and there is no one-size-fits-all recommendation. You can contribute to your IRA in addition to your 401(k), but because you have that 401(k), it is not tax-deductable. So there is little advantage in putting money in the IRA compared to saving it in a personal investment account, where you keep full control over it. It does, however, open the option to do a backdoor-rollover from that IRA to a Roth IRA, which is a good idea to have; you will not pay any taxes if you do that conversion, if the money in the IRA was not tax deducted (which it isn't as you have the 401(k)). You can also contribute to a Roth IRA directly, if you are under the income limits for that (193k$ for married, I think, not sure for single). If this is the case, you don't need to take the detour through the IRA with the backdoor-rollover. Main advantage for Roth is that gains are tax free. There are many other answers here that give details on where to save if you have more money to save. In a nutshell, In between is 'pay off all high-interest debt', I think right after 1. - if you have any. 'High-Interest' means anything that costs more interest than you can expect when investing."}
{"_id": "48204", "title": "", "text": "Web Server hosting service offers you with web space to store all your website documents such as content, images, banners, logos, videos and more at one place. Here at Techevolution we offer a vast range of web site hosting packages to the customers. Our server hosting services are of best quality and you get it at most affordable prices. One you go through our hosting packages, and then you have to ask for the required package you are looking for. At our Company, we offer guaranteed 99.9% uptime and several value added services.  Our customers avail with free control panel, free e-mails set ups, free blogs set ups and more. Apart from these services, you can get best technical support for 24/7. Yes, it is true that you get our support whenever you require. At Red Web Design we possess a team of customer service care executives who are there to receive your calls and assist you with perfect information. You can easily compare our hosting charges with others and we challenge that you will never get such cheapest prices elsewhere.  Our customers avail with large on ordering web host. You can get a one Free Domain with each hosting package with no hidden charges or extra payments. We are transparent and do business with complete honesty."}
{"_id": "48206", "title": "", "text": "\"&gt; They would work in any way those who choose to participate will it too work.  Again, that is no answer.  Saying, \"\"it will work how everyone decides\"\" is just sidestepping the issue that your proposal will probably implode due to human nature.  Let me make my question more specific.  I was asking about military spending with five service providers.  If these providers will work as the participants choose then I think it is pretty clear the left and far-left service providers would quickly opt-out of military spending. The libertarian provider would probably quickly follow suit. That would leave you with a country where the right and far-right providers pay for 100% of the national defense.  At that point I would expect the right and far-right providers to protest since the other three providers benefit from a military that they don't pay for. Eventually they would cut their defense spending in protest until the left \"\"pays their fair share\"\".  The left doesn't like the military and would refuse.  The US would end up with a weak, underfunded military.  Is that how you want your system to work?\""}
{"_id": "48211", "title": "", "text": "A simpler view is that tax deductions allow you to give to charities from your gross salary, not your net salary."}
{"_id": "48226", "title": "", "text": "\"As some of the other answers pointed out, company 401(k) accounts can sometimes have poor investment choices so if the company isn't doing some sort of matching and you only have a limited set of options, I would likely recommend that you roll the money over to a different 401(k) account so you have better investment options. Why choice from tens of funds when you may have the full market worth of options as your disposal? Likewise, if you have electronic deposit you might be able to have the 10% automatically deposited to that account out of your paycheck so you will still be getting the advantage of having \"\"forced savings\"\" from a young age. In regards to a Roth IRA, as others have pointed out, they are a bit of a gamble and you can't ensure that you will come out ahead at the end of the day in regards to taxes; however, you also need to take your own career goals into account when you make that decision. If you see yourself getting up there in the income bracket of the course of your career it doesn't hurt to have a Roth IRA now and start putting some money in it (limited amount though, maybe only $100 a month) but if you don't see yourself getting up that high in the income brackets then it might not be worth the overhead of having multiple accounts to keep track of. That said though, make sure that you aren't just saving for retirement, you should have another savings account that you are putting money away for rainy days, houses, and the like.\""}
{"_id": "48227", "title": "", "text": "\"In gambling, the house also takes a cut, so the total money in the game is shrinking by 2-10 percent.  So if you gain $100, it's because other people lost $105, and you do this for dozens of plays, so it stacks up.  The market owns companies who are trying to create economic value - take nothing and make it something. They usually succeed, and this adds to the total pot and makes all players richer regardless of trades.   Gambling is transactional, there's a \"\"pull\"\" or a \"\"roll\"\" or a \"\"hand\"\", and when it's over you must do new transactions to continue playing.   Investing parks your money indefinitely, you can be 30 years in a stock and that's one transaction. And given the long time, virtually all your gains will be new economic value created, at no one else's expense, i.e. Nobody loses.  Now it's possible to trade in and out of stocks very rapidly, causing them  to be transactional like gambling: the extreme example is day-trading.  When you're not in a stock long enough for the company to create any value (paid in dividends or the market appreciating the value), then yes, for someone to gain, someone else must lose. And the house takes a cut (e.g. Etrade's $10 trading fee in and out).  In that case both players are trying to win, and one just had better info on average.   Another case is when the market drops. For instance right after Brexit I dumped half my domestic stocks and bought Euro index funds. I gambled Euro stocks would rebound better than US stocks would continue to perform.  Obviously, others were counterbetting that American stocks will still grow more than Euro will rebound.  Who won that gamble?  Certainly we will all do better long-term, but some of us will do better-er. And that's what it's all about.\""}
{"_id": "48240", "title": "", "text": "This is an extremely simplified version and not necessarily accurate. C for example has $800b in cash and 10+% Tier 1 capital relative to other banks. Yes, they need to write down debt but the larger concern as opposed to bankruptcy by capital markets is equity dilution.   Both C and BAC need to raise equity capital due and, due to new leverage restrictions, will dilute existing shareholders so much that they will have difficulty matching previous EPS. Also, a lot of analysts expect thy aren't marking down assets enough (reducing that large Tier 1 buffer pretty heavily).   One of the primary reasons they issue smaller dividends relative to JPM is that dividends for systematically important institutions must be approved by the Fed now (Dodd-Frank). They can't issue a big dividend because the Fed says they aren't well capitalized enough.   To say they are bankrupt though shows a misunderstanding of bank balance sheets and how the FRB discount window works, though."}
{"_id": "48243", "title": "", "text": "\"Regardless of what they are doing, you can't \"\"kill inflation..\"\" Every single dollar created by the federal reserve is done so out of debt through a promissory note loaned by the US Treasury. The note which is essentially debt, is created &amp; loaned with the understanding that the federal reserve will one day pay off it off. However, this is impossible because more money would have to be created to pay of these notes which in turn creates more debt. But wait, let's not forget to factor in tax! The debt can never be paid off, it is literally impossible through our current system of currency circulation carried out by the Federal Reserve. In other words, due to our crippling debt that cannot be alleviated, inflation will continue to occur because our currency will continue to devalue. Those that created the Federal Reserve (in what? the 20's) knew all of this to be true. There goal was to destabilize the economy and they succeeded, they being large influential families such as the Rockefellers and the Morgans. This is the exact reason Andrew Jackson shut down the original central bank.. They are a foundation for corruption and anyone who tells you otherwise is either ill informed or in on it. It is impossible to kill inflation &amp; the notion that one company or one man can do so is preposterous and simply click bait.\""}
{"_id": "48262", "title": "", "text": "Same with toothpaste, they add the foaming element because of this.  Also the minty sensation is in no way required either, however it helped form good teeth-brushing habits.  There is a great book on habits that covers all this, however I'm on mobile and its name escapes me."}
{"_id": "48265", "title": "", "text": "Because it's barely reported and when it is most people don't understand some of the fundamental principles of finance to grasp the implications of it all.   It's not their fault really.   You can blame a man for a lack of wanting to be educated or no concern for intellectual curiosity but you can't for just being plainly uneducated."}
{"_id": "48267", "title": "", "text": "The World Recovery Centers provide resources of drug and alcohol abuse treatment programs. We provide offer a variety of addiction treatment programs that meet your needs. The drug addiction treatment centers will help the recovering addict to regain a sense of control over their life, and provide them with mental tools to support themselves once they are ready to leave the facility and get back into the world."}
{"_id": "48269", "title": "", "text": "\"Yes and no.  There are two primary ways to do this.  The first is known as \"\"cross listing\"\". Basically, this means that shares are listed in the home country are the primary shares, but are also traded on secondary markets using mechanisms like ADRs or Globally Registered Shares. Examples of this method include Vodafone and Research in Motion. The second is \"\"dual listing\"\". This is when two corporations that function as a single business are listed in multiple places. Examples of this include Royal Dutch Shell and Unilever. Usually companies choose this method for tax purposes when they merge or acquire an international company. Generally speaking, you can safely buy shares in whichever market makes sense to you.\""}
{"_id": "48274", "title": "", "text": "You're partially correct, at least in my understanding of this. Yes, the tax credit can be carried forward to future years, but since it is non-refundable it will reduce your tax liability solely. Depending on your tax situation this may result in a bigger refund or it may not. In an example, If you've had $3K withheld from your paycheck toward your income tax and this is also an accurate reflection if your tax liability then taking the NRTC would reduce your tax liability enabling you to be eligible for a refund (due to having already pre-paid more tax than you're liable for)."}
{"_id": "48298", "title": "", "text": "The way bitcoin works it has no choice to go up. It's high risk because If say America bans it, its almost worthless, or your investment at least. It's a worldwide currency, though the dollar talks.. the cost of the coin has to be higher than the cost to mine + sell. And every 4 years you mine 1/2 of the last, and the more who start up miners mean you use the same power to earn less."}
{"_id": "48302", "title": "", "text": "It is absolutley relevant.  The minimum wage acts as the base instead of zero and there are a huge amount of jobs that only pay minimum wage. If this idiotic concept were true than the since the minimum wage is the base there would be alot smaller number of minimum wage jobs.   Min wage does not deprive people of jobs. It reduces the amount of subsidized labor employers are able to employ.  It's biggly sad you don't understand human nature."}
{"_id": "48332", "title": "", "text": "Looks like you don't want to participate in the consumerist rush but feel that you just have to do that too. First of all, you don't have to do what you don't want. Then there're researches showing that joy from a compulsive purchase only lasts for a short period of time and then you are left with a relatively useless item in your house. So it's one thing if you really wanted that cool full-electronic sewing machine (or whatever DIY item you might want) to be able to repair all the stuff and craft all the nice things you wanted, but it's another thing if you look at the item and can't decide whether you really need it. The latter scenario is you struggling with the consumerism rush. If you feel really happy and can save half of what you earn just save the difference - it won't hurt. Having a good sum of money saved is really helpful in many scenarios."}
{"_id": "48345", "title": "", "text": "The CFA will generally take 3-4 years to finish. They test level 2 and 3 once a year and level 1 twice. They recommend approx 300 hours of studying for each level, but you can get away with less. But for you, level 1 is going to be your undergrad in finance so it shouldn\u2019t be anything outside of your normal course of study. You\u2019ll be able to save time on studying if you take it while the material is still fresh"}
{"_id": "48346", "title": "", "text": "Typically 'current' means the account from which you do your day-to-day banking (also called 'checking') and 'savings' is an interest earning account, from which you might occasionally take money. However...you can actually attach these labels (for ATM purposes) to any account you want. They don't have to be your actual checking or savings accounts.  I have 'current' attached to my personal account and 'savings' on the account I hold jointly with my wife. They are just labels you attach to different accounts."}
{"_id": "48355", "title": "", "text": "The government needs me to function. It can jail me, strip me of my property and life if it seems fit. It is absolutely accountable to you. I pay the salaries of the government officials.   The government needs its just amount to function properly because some people rely on the government the way the government relies on the people.   You're out of your mind if you think trickle down economics works. It doesn't at macro levels. That's why the country's worse off economically after supply side theories are implemented.   Would not having roads, schools, police forces be a better option?"}
{"_id": "48380", "title": "", "text": "&gt; Movie theaters aren't full 99.9% of time  I go a lot, I love seeing movies in the theater, most of the time it's barely 5% full.  As far as cannibalizing people like me who pay full price, that is negligible, people like me that see a few movies a month are such a small fraction of customers.   Others that pay full price will still likely only see one movie per month, but I can't tell you how many times I've been told, or over heard other people saying how the movies are way too expensive to go EVER, unless it's some major event, but even those blockbusters are doing less and less revenue now that people can wait a few months for the DVD or watch it online.  I think this model opens up millions of consumers that gave up on the high cost of taking their family to the movies and also allows far more concession sales. If you have 2 kids, it's about $50 just on the tickets, that's not something most families can afford to do very often.   Personally, I had always suggested a model where a subscription like this would cover mornings and weekdays when theaters are largely empty for those showings."}
{"_id": "48382", "title": "", "text": "There are things that we can do to make business even better. We could throw out the EPA, we could dissolve OSHA, we can shut down the FTC. Hell, let's get rid of taxes. Let's sell off all federal land, no more low income housing. Why should the government zone land, let's get rid of that. Let's let fracking occur anywhere and any form of power plant built wherever businesses want. No more minimum wage, no more unions, no more child labor laws, no more ACA or medicare or social security.  Business is better right? Is any one going to ask at what cost?"}
{"_id": "48399", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.latimes.com/business/la-fi-target-salary-20170925-story.html) reduced by 88%. (I'm a bot) ***** &gt; Target Corp. said Monday that it is raising the minimum wage for its workers to $11 an hour starting next month and then to $15 by the end of 2020.  &gt; Target&amp;#039;s hike to $15 an hour far exceeds not only the federal minimum of $7.25 an hour but the hourly base pay at Wal-Mart, the nation&amp;#039;s largest private employer, and plenty of its other retail peers whose minimum hourly pay now hovers around $10. As part of its $2.7-billion investment in workers, Wal-Mart Stores Inc. had raised its entry-level hourly pay for workers to $9 in 2015 and then to $10 in 2016.  &gt; Target said its minimum hourly wage of $11 is higher than the minimum wage in 48 states and matches the minimum wage in Massachusetts and Washington.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72jfa0/target_to_raise_its_minimum_hourly_wage_to_15_by/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216691 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **workers**^#1 **wage**^#2 **year**^#3 **retail**^#4 **pay**^#5\""}
{"_id": "48401", "title": "", "text": "There are a few factors at play here. Depending on the bank that has offered you the card there are different types of overdraft protection that may have been set up. Typically, if they attempt to run the card with no money, if one of these is in play, you will be spared any overdraft fees by the transaction charging to a designated overdraft account, usually savings, or by the transaction failing due to insufficient funds.  If you know the transaction went through, and you know there were not enough funds in the account to cover the transactions, then you have a few options. If you have overdraft protection that auto charges insufficient funds charges to a separate account, then you have nothing to worry about. If you do not, most banks offer a grace period where you have until the end of the day to zero out your account, that is to say pay the overdraft amount and bring your balance to at least $0.  If this is a charge that occurred in the past, and you have already been charged an overdraft fee, there may still be hope. I cannot speak for all banks, but I know that Chase Bank offers a once per year overdraft forgiveness, where they will get rid of the charges if you agree to bring the account out of the negative. There is a chance other banks will do the same if you call their customer service."}
{"_id": "48402", "title": "", "text": "It's also fair to point out that Medicare and Medicaid are taking the most expensive citizens out of the private market. If you don't have those, the cost of insurance would go up as wealthier older people sign up and increase the risk pool, and hospital prices would go up as poor people fall back on our only truly socialized healthcare - emergency rooms.  Without death panels to filter out the unprofitable even in emergency rooms, you'd really want to subsidize those groups even with a market based solution."}
{"_id": "48404", "title": "", "text": "It depends on the seller.  If the seller wants, they can collect the information from you and send it to the payment gateway.  In that case, they of course have everything that you provide at some point.  They are not supposed to keep the security code, and there are rules about keeping the credit card number safe.   The first four digits of the credit card number often indicate the bank, although smaller banks may share.  But for example a Capital One card would indicate the bank.   Other sellers work through a payment gateway that collects the information.  Even there, the seller may collect most of the information first and send it to the gateway.  In particular, the seller may collect name, email, phone, and address information.  And in general the gateway will reveal that kind of information.  They will not give the seller credit card info other than the name on the card, expiration date, and possible last four digits.  They may report if the address matches the card's billing address (mismatched addresses may mean fraud).   Buying through someone like PayPal can provide the least information.  For a digital good, PayPal can only expose the buyer's name (which may be a business name) and email (associated with the payment account).  However PayPal still has the other information and may expose it under legal action (e.g. if the credit card transaction is reversed or the good sold is illegal).  And even PayPal will expose the shipping address for physical goods that require shipping."}
{"_id": "48408", "title": "", "text": "It's not meat, but processed food that contains a high amount of calories and sugar, with a low amount of nutrients. Vegan, by it's nature, makes one eat far less processed foods. Simply eliminating foods that are packaged or fast food will lower all of the risk factors quite effectively."}
{"_id": "48415", "title": "", "text": "You could keep an eye on BankSimple perhaps? I think it looks interesting at least... too bad I don't live in the US... They are planning to create an API where you can do everything you can do normally. So when that is released you could probably create your own command-line interface :)"}
{"_id": "48422", "title": "", "text": "If anyone hasn't done this yet, all three companies have waived the fees. I just did it and a couple weeks ago, I set up an account with the Social Security Administration where you can get notified any time someone is trying to use your social security number. There's two-step authentication as well."}
{"_id": "48448", "title": "", "text": "So many people in that line of industry get high after work anyway.  In my region the biggest factory in the area is known as the alcoholic capital basically. Literally every single alcoholic in the region works there.  They make cars from the ground up."}
{"_id": "48454", "title": "", "text": "does that mean that 30% of my monthly payment goes to interest? No, it's much worse then that. The APR is the annual percentage rate. An APR of 30% on $23,000 in debt that means you'll be charged $6,900 in interest for the year. You'll actually owe slightly less since you are reducing your principal slightly over the course of the year. If your monthly payment is $800, $575 of that will be going to interest. That means that over 70% of your monthly payment is going just to interest. This deal makes no sense at all! You'd be better off simply transferring all of your balances on to the credit card with the highest interest rate. You'd be paying almost $200 a month for the 'convenience' of writing one check rather than three."}
{"_id": "48461", "title": "", "text": "Reverse mortgage are generally recovered along with interest, from the sale proceed of the house after the person dies. The current age and life expectancy also go in determining the amount of mortgage the bank would offer."}
{"_id": "48470", "title": "", "text": "Gladwell was writing about which university an aspiring STEM major should choose if the kid actually wants to finish university with a STEM degree.  According to Gladwell, STEM students whose SAT math scores were in the bottom third, regardless of the university, were much less likely to graduate with a STEM degree.  They're not dropping out of school, though; they're just getting different degrees.  So, if your goal is to get a STEM degree and be a successful student, Harvard may not be the best place for you, particularly if your score falls into that bottom third.    That Inc. author completely missed the point that Gladwell makes in his book.  Either that, or he's intentionally misrepresenting it."}
{"_id": "48473", "title": "", "text": "I hate articles like this because it encourages irrational investing behavior and increases the chances of people falling victims to scams   At the time of the article there was absolutely no guarantee that Netflix was going to beat Blockbuster.    Blockbuster was the big whale and instead of taking Netflix seriously they held on to their money maker for too long and then failed to compete when they tried to pivot to renting DVDs and streaming.    If Blockbuster handled Netflix how Facebook is handling Snapchat (copying every feature and rolling it out to every asset they have) Netflix could have just as easily died."}
{"_id": "48488", "title": "", "text": "What's the typical work you do day to day? - financial &amp; laymans terms if you could. Bonus points if you could show me an example (public or personal).   Financial services interest me but I'm new to it and just trying to broaden my knowledge."}
{"_id": "48493", "title": "", "text": "Buy Data products from NSE. You will get historical order book. The Live order book may not be available. https://www.nseindia.com/supra_global/content/dotex/data_products.htm This link has all the data products that NSE can provide"}
{"_id": "48496", "title": "", "text": "The downside of the conversion for some, as you note, is the proration of existing pretax IRA money. You've already considered this, and it's not an issue for you. It's a simple bit of paperwork, nothing to scare you away from this approach."}
{"_id": "48519", "title": "", "text": "I don't think anyone will take it as scrap metal, because it is not allowed by the Australian law:  CRIMES (CURRENCY) ACT 1981   - SECT 16 Defacing or destroying current coins or current paper   money A person shall not, without the consent, in writing, of an authorized person, intentionally deface, disfigure, mutilate or destroy any coin or paper money that is lawfully current in Australia.  Melting it would thus be illegal and can be punished with a fine of $5000 or 2 years of  imprisonment, or both. If you try to sell it for that then you might be accessory, so don't do it.  I suppose that throwing them at the garbage will count as destroying or disfiguring it, since it will most likely happen in the process. So that may be illegal, so you shouldn't do it.  Note: I am not a lawyer and this is not legal advice"}
{"_id": "48521", "title": "", "text": "\"Five Guys is over fucking priced. It's like they think they can do it because they give you \"\"extra\"\" fries. Well I guess they do get away with it, but In-n-Out&gt;Wendy's&gt;Five Guys to me. The toppings are a nice twist at Five Guys but I think Wendy's makes a better burger\""}
{"_id": "48522", "title": "", "text": "If you pay for a Costco membership, do you think that you have the right to prevent Costco from prioritizing their own in-house products vs. the products of their competitors?  You aren't paying an ISP for data any more than you're paying a gas station owner for the gas.  The owner of the station simply provides the infrastructure that delivers the gas to your gas tank.  The rest of your money goes to the refiner (and they're usually different entities).  If the gas station owner owns his station outright, and decides one day to switch from giving you gas from Exxon to giving you gas from BP, you have no right to tell the owner what he can and cannot do with this gas station.  Or perhaps you think that you do?"}
{"_id": "48529", "title": "", "text": "\"Junk Bonds (aka High Yield bonds) are typically those bonds from issues with credit ratings below BBB-. Not all such companies are big risks. They are just less financially sound than other, higher rated, companies. If you are not comfortable doing the analysis yourself, you should consider investing in a mutual fund, ETF, or unit trust that invests in high yield bonds. You get access to \"\"better quality\"\" issues because a huge amount of the debt markets goes to the institutional channels, not to the retail markets. High yield (junk) bonds can make up a part of your portfolio, and are a good source of regular income. As always, you should diversify and not have everything you own in one asset class. There are no real rules of thumb for asset allocation -- it all depends on your risk tolerance, goals, time horizon, and needs. If you don't trust yourself to make wise decisions, consult with a professional whom you trust.\""}
{"_id": "48530", "title": "", "text": "I know this won't be a popular answer, but here goes: Bitcoin. Regardless of how you feel about the long term prospects of bitcoin, it actually works very well as a way to transfer money with hardly any fee. You can go online, buy bitcoin, transfer them for a very tiny fee, then the person on the other end can cash out in their own local currency. In fact, bitcoin is gaining a lot of popularity in some countries for this very reason. It is becoming more common for one family member to come to America or Eurpoe to work, then use bitcoin to transfer money to their family back home. This works so well because even international transfers have such low fees. The best place to get bitcoins will vary depending on where you live. I'm American, so I use Coinbase. I believe Bitstamp is popular in Europe. I'm not sure about other countries."}
{"_id": "48545", "title": "", "text": "\"**[Toronto, 1 August 2014](http://www.rbc.com/newsroom/news/2014/20140801-pmi.html)** - kanadiske produsenter erfarne en ytterligere bedring i hele virksomhetsforhold i juli, if\u00f8lge den **[RBC Canadian Manufacturing Purchasing Managers Index (RBC PMI)](https://www.rbcwmfa.com/thewoogroup/)**, drevet av raskere stiger, nye ordrer og sysselsetting i begynnelsen av tredje kvartal. I mellomtiden input kostnadsinflasjon fortsatte til moderat, som i sin tur bidro til laveste veksten i produsentenes produksjon kostnader s\u00e5 langt i \u00e5r. En m\u00e5nedlig unders\u00f8kelse, i samarbeid med Markit og tjenester ledende global finansiell informasjon i Supply Chain Management Association (SCMA), RBCPMI tilbyr en omfattende og tidlig indikator p\u00e5 trender i kanadiske industrien.   P\u00e5 54.3 i juli handelspartnere opp fra 53.5 i juni, overskriften RBC kanadiske Manufacturing PMI postet over n\u00f8ytral 50.0 verdien for sekstende p\u00e5f\u00f8lgende m\u00e5ned. Siste lesing var h\u00f8yest siden November 2013 og signaliserte en robust generell forbedring i produksjon sektor forretningsforhold.   \"\"Canadas produsenter sparket av andre halvdel av 2014 sterkere fotfeste, tydelig fordel fra bedre global \u00f8konomisk aktivitet-det er oppmuntrende \u00e5 se momentum,\"\" sa Paul Ferley, assisterende sjef \u00f8konom, RBC. \"\"Med den amerikanske \u00f8konomien dytter videre, vi forventer denne trenden vil fortsette.\"\"   Overskriften RBC PMI gjenspeiler endringer, nye ordrer, sysselsetting, varelager og leveringstid for leverand\u00f8r.   Viktige funn fra juli unders\u00f8kelsen inkluderer:   - Skarpeste forbedring i forretningsvilk\u00e5r siden November 2013  - En pick up i produksjon og nye bestillinger vekst  - Bemanningen steg for sjette etterf\u00f8lgende m\u00e5ned   Sterkere priser av produksjon og ny vekst var n\u00f8kkelen positiv innflytelse p\u00e5 overskriften indeksen i juli. Siste data signaliserte at produksjonsvekst i industrien akselerert for andre m\u00e5ned kj\u00f8rer og var den raskeste siden November 2013. Ny vekst ogs\u00e5 gjenvunnet fart s\u00e5 langt i sommer, med den siste \u00f8kningen i innkommende nytt arbeid de bratteste p\u00e5 \u00e5tte m\u00e5neder. Rapporter fra sp\u00f8rreunders\u00f8kelsen sitert underliggende ettersp\u00f8rselen og st\u00f8rre tillit blant klienter. Videre ble nye business inntak ogs\u00e5 st\u00f8ttet av sterkere eksport salg i juli, med nye eksport ordre vekstraten den mest merkede siden mars.   \u00d8kt ettersp\u00f8rsel m\u00f8nstre bidro til en \u00f8kning i ordrereserven arbeid over industrien sjette p\u00e5f\u00f8lgende m\u00e5ned i juli. Gjeldende periode av \u00f8kende mengder uferdig arbeid er den lengste opptak av unders\u00f8kelsen for tre \u00e5r, som i sin tur st\u00f8ttes videre produksjon jobb etableringen. Nyeste dataene viser til en solid \u00f8kning i l\u00f8nn tall med hastighet p\u00e5 vekst i sysselsettingen n\u00e5dde sin sterkeste siden September 2013.   Juli data indikerte at produsentene fortsatte \u00e5 \u00f8ke volumene inngang kj\u00f8pe i juli, og den siste utvidelsen av kj\u00f8per aktiviteten var de bratteste i 2014 hittil. Til tross for en solid \u00f8kning i input kj\u00f8pe, pre-produksjon lager volumer dyppet for tredje m\u00e5ned kj\u00f8rer. I mellomtiden bestander av ferdigvarer ogs\u00e5 redusert i juli. Siste reduksjon i post-produksjon varelager var den skarpeste for 12 m\u00e5neder, med noen firmaer Siterer sterkere enn forventet salg p\u00e5 sine fabrikker.   I mellomtiden input kostnadsinflasjon lettet videre fra n\u00e6r-tre \u00e5r h\u00f8y sett i l\u00f8pet av mars. Selv om fortsatt skarp, var den siste \u00f8kningen i gjennomsnittlig kostnad byrder den minste merkede siden januar. En mykere \u00f8kning i input prisene i juli bidratt til svakeste \u00f8kningen i produsentenes produksjon kostnader siden desember 2013.   Regionale h\u00f8ydepunkter inkluderer:   - Quebec fortsatte \u00e5 registrere sterkeste oppgangen i generelle forretningsvilk\u00e5r  - Alle fire regioner signaliserte en \u00f8kning i produksjon sysselsetting niv\u00e5er...  - .. .led av Quebec og Ontario  - Nye eksportere ordrer steg i alle fire regioner overv\u00e5ket av unders\u00f8kelsen   \"\"Canadian produsenter har laget en lyse start til tredje kvartal 2014, som fremhevet av sterkere vekst og en annen bedring salgsvolum i juli, sier Cheryl Paradowski, president og administrerende direkt\u00f8r, SCMA. \"\"Derfor den siste unders\u00f8kelsen tyder en avgj\u00f8rende dreining mot raskere vekst over industrien i sommer, med produksjon, ny virksomhet og sysselsetting alle stiger p\u00e5 raskeste priser sett s\u00e5 langt i \u00e5r. Videre er forretningsforhold bedre mot en bakgrunn av mykgj\u00f8rende kostnadspress, som i sin tur bidro til laveste \u00f8kningen i produsentenes produksjon kostnader siden slutten av 2013.\"\"\""}
{"_id": "48553", "title": "", "text": "Aujourd'hui, il est difficile pour les gens d'imaginer une journ\u00e9e sans acc\u00e8s \u00e0 Internet. Les gens veulent avoir acc\u00e8s au r\u00e9seau \u00e0 tout moment et le lieu, peu importe o\u00f9 ils viennent ou aller. On sait que le d\u00e9veloppement technique jouent un r\u00f4le important dans les personnes -. l'acc\u00e8s Internet mobile \u00e0 l'Internet est possible avec des technologies telles que la 3G et LTE et HSPA + afin de profiter des avantages de ces applications \u00e0 des personnes, il vous faut choisir le bon \u00e9quipement, il peut aussi \u00eatre pour votre smartphone ou ordinateur portable -. modem ou le routeur n'est pas un routeur de la c\u00e9l\u00e8bre LTE en 2012 est la MF28D ZTE, vous pouvez trouver ce d\u00e9bloqu\u00e9 ZTE MF28D aide les gens \u00e0 beaucoup de la description suivante."}
{"_id": "48560", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/08/30/opinion/corporate-tax-cuts-jobs.html?smid=re-share) reduced by 87%. (I'm a bot) ***** &gt; Their huge tax savings have enriched executives but not created significant numbers of new jobs.  &gt; We chose this particular tax threshold because, as Mr. Stephenson mentioned, House Republicans are proposing to reduce the federal statutory corporate tax rate to 20 percent, down from the current 35 percent.  &gt; At a town hall this month at AT&amp;T headquarters in Dallas, Mr. Stephenson urged his employees to call Congress and demand a corporate tax cut.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x0akf/its_a_myth_that_corporate_tax_cuts_mean_more_jobs/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201273 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **company**^#2 **percent**^#3 **job**^#4 **stock**^#5\""}
{"_id": "48561", "title": "", "text": "All this talk about the post office is pissing me off.  What killed the post office?  Just look in your box this week.  Right there is the answer.  JUNK MAIL!  Everyone gets pounded with the stuff every day.  Why?  Because it is too cheap to send all the CRAP!  How many Victoria's Secret Catalogs did you get this week?  Me?  4.  That is the clearest signal that the postage for junk mail is too cheap.  Another example is S&amp;S Worldwide. They will send me three identical catalogs at the exact same time that all arrive on the exact same day.  In other words, junk mail prices are so cheap it is more cost effective to just send more than to check their database.  And I could go on.    The key to fixing the post office is simple.  Increase the cost of all the junk crap we get!  This will either increase the revenue to pay for it being delivered or make businesses reduce the amount they send and reduce the need for as much sorting, etc."}
{"_id": "48564", "title": "", "text": "\"This was a \"\"bought deal\"\" by the 2 investment banks running the book. They had a legal obligation to fund the IPO, they reneged. They will get sued and probably settle out of court. Either way, a black mark on their reputation.\""}
{"_id": "48566", "title": "", "text": "One implication is the added fees if you are investing in something with a trading cost or commission, such as your stock purchase. If you pay low costs to trade (e.g. with a discount broker) and don't switch your investments often, then costs overall should remain reasonable .. but always be aware of your costs and seek to minimize them."}
{"_id": "48569", "title": "", "text": "Most businesses want to grow, and there are a variety of ways to raise the money needed to hire new employees and otherwise invest in the business to increase the rate of that growth. You as a stock holder should hope that management is choosing the least expensive option for growth. Some of the options are debt, selling equity to venture capitalists, or selling equity on the open market (going public). If they choose debt, they pay interest on that debt. If they choose to sell equity to venture capitalists, then your shares get diluted, but hopefully the growth makes up for some of that dilution. If they choose to go public, dilution is still a concern, but the terms are usually a little more favorable for the company selling because the market is so liquid.  In the US, current regulations for publicly traded companies cost somewhere in the neighborhood of $1M/year, so that's the rule of thumb for considering whether going public makes sense when calculating the cost of fundraising, but as mentioned, regulations make it less advantageous for executives who choose to sell their shares after the company goes public. (They can't sell when good spot prices appear.) Going public is often considered the next step for a company that has grown past the initial venture funding phase, but if cash-flow is good, plenty of companies decide to just reinvest profits and skip the equity markets altogether."}
{"_id": "48580", "title": "", "text": "C\u00f4ng ty d\u1ecbch thu\u1eadt InterProTrans chuy\u00ean cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 d\u1ecbch thu\u1eadt \u0111a ng\u00f4n ng\u1eef, phi\u00ean d\u1ecbch h\u1ed9i ngh\u1ecb v\u00e0 MC, cung c\u1ea5p thi\u1ebft b\u1ecb phi\u00ean d\u1ecbch bu\u1ed3ng cabin v\u00e0 tai nghe kh\u00f4ng d\u00e2y, d\u1ef1ng k\u1ecbch phim v\u00e0 video qu\u1ea3ng c\u00e1o, ch\u00e8n ph\u1ee5 \u0111\u1ec1, thu \u00e2m, l\u1ed3ng ti\u1ebfng, h\u1ee3p ph\u00e1p h\u00f3a l\u00e3nh s\u1ef1 v\u00e0 \u0111\u00e0o t\u1ea1o bi\u00ean phi\u00ean d\u1ecbch.   C\u00d4NG TY TNHH PHI\u00caN D\u1ecaCH CHUY\u00caN NGHI\u1ec6P QU\u1ed0C T\u1ebe - INTERPROTRANS \u0110\u1ecba ch\u1ec9: 2A / 3 Nguy\u1ec5n Th\u1ecb Minh Khai, P.\u0110akao, Q. 1, HCM \u0110i\u1ec7n tho\u1ea1i: (08) 22197135 - (08) 39111959 Hotline: 01999123455 Skype: lam.interprotrans Website: www.dichthuatnhanh.vn  Email: baogia@dichthuatnhanh.vn"}
{"_id": "48582", "title": "", "text": "I mean, that self made stat has been disproven enough times to count it as laughable when people like you still tout it all about. That self made aspect doesn't mean what youd like to imply it means when you dive into the data.   Bill Gates is a perfect example of this.   So is Bezos"}
{"_id": "48599", "title": "", "text": "Yes. Stick to the deal you made. Help the girl pass the exams. Consider it a life lesson, don't worry about the money now because it's only payment if she passes. It's more about helping the girl pass the exams than it is about what you knew at the time was going to be short money. You have to prove yourself before you even think about an increase in payment and payment here is only due with a passing grade. You put yourself in a situation that you will not do in the future. You made the offer so honor it like a champ and be grateful you are able to help someone else."}
{"_id": "48619", "title": "", "text": "The conclusions of this report seem to conflict with some of the long-term trends in asset management. The gradual decline of defined-benefit plans (e.g. pensions) and the growth of defined-contribution (401k) have altered the asset mix.  The biggest investors in hedge funds have traditionally been pension management funds; given the long-standing decline in private sector pensions and the (seemingly) near-future decline in public-employee pensions, the funds that can only be accessed by institutional investors or accredited investors (eg all hedge funds) stand to lose.   Explained another way: right now, only rich people and institutional investors get access to hedge funds. Your 401K money can't go into them, and neither can your IRA. If you're not an accredited investor (income of &gt;$250K, net worth of $1MM+ excl. primary residence) you can't subscribe. You can only get into hedge funds through buying into a 'fund of funds' type of investment, where you buy a fund (and pay that fund) so that they can pay a hedge manager to manage the money. Think of a pass-through entity that skims some off the top and manages portfolio risk. So, as fewer people get pensions (and the pensions that they do get are smaller), these pension funds have fewer assets left to invest in hedge funds.   Most hedge funds return zero alpha after fees and arguably have lower risk-adjusted returns than simpler investments. But 15-20% of all hedge funds do pretty well. Picking which 15-20%....that's difficult.   Bottom line: what is Citi pushing with this report?"}
{"_id": "48630", "title": "", "text": "Unlimited everything. I'm on my parents line so that's kinda a bummer but I'm never giving this up. I just got my girlfriend on it because it's so cheap. Also I never do the monthly payment plan. I always pay for for my phone's outright because it just makes more sense to me."}
{"_id": "48664", "title": "", "text": "Your first question:Does the successor have to pay taxes for the full amount of the inherited TFSA?  No, there is no taxes to pay, in most TFSA situations, there is no tax payable. If it was a beneficiary instead of a successor, there would be taxes on revenues generated only, but this is not your case. Your second question: The TFSA of the deceased holder will still increase the contribution room over the years?  No, the contribution applies only to the one person alive. Whether he, or she, has one or two TFSA is irrelevant to the contribution limit. Successor holder, Contribution limit."}
{"_id": "48678", "title": "", "text": "By not timing the market and being a passive investor, the best time to invest is the moment you have extra money (usually when wages are received). The market trends up.  $10 fee on $2000 represents 0.5% transaction cost, which is borderline prohibitive.  I would suggest running simulations, but I suspect that 1 month is the best because average historical monthly total return is more than 0.5%."}
{"_id": "48691", "title": "", "text": "\"And you have hit the nail on the head of holding gold as an alternative to liquid currency. There is simply no way to reliably buy and sell physical gold at the spot price unless you have millions of dollars. Exhibit A) The stock symbol GLD is an ETF backed by gold. Its shares are redeemable for gold if you have more than 100,000 shares then you can be assisted by an \"\"Authorized Participant\"\". Read the fund's details. Less than 100,000 shares? no physical gold for you. With GLD's share price being $155.55 this would mean you need to have over 15 million dollars, and be financially solvent enough to be willing to exchange the liquidity of shares and dollars for illiquid gold, that you wouldn't be able to sell at a fair price in smaller denominations. The ETF trades at a different price than the gold spot market, so you technically are dealing with a spread here too. Exhibit B) The futures market. Accepting delivery of a gold futures contract also requires that you get 1000 units of the underlying asset. This means 1000 gold bars which are currently $1,610.70 each. This means you would need $1,610,700 that you would be comfortable with exchanging for gold bars, which: In contrast, securitized gold (gold in an ETF, for instance) can be hedged very easily, and one can sell covered calls to negate transaction fees, hedge, and collect dividends from the fund. quickly recuperating any \"\"spread tax\"\" that you encounter from opening the position. Also, leverage: no bank would grant you a loan to buy 4 to 20 times more gold than you can actually afford, but in the stock market 4 - 20 times your account value on margin is possible and in the futures market 20 times is pretty normal (\"\"initial margin and maintenance margin\"\"), effectively bringing your access to the spot market for physical gold more so within reach. caveat emptor.\""}
{"_id": "48718", "title": "", "text": "\"You can hold a wide variety of investments in your TFSA account, including stocks such as SLF. But if the stocks are being purchased via a company stock purchase plan, they are typically deposited in a regular margin account with a brokerage firm (a few companies may issue physical stock certificates but that is very rare these days). That account would not be a TFSA but you can perform what's called an \"\"in-kind\"\" transfer to move them into a TFSA that you open with either the same brokerage firm, or a different one. There will be a fee for the transfer - check with the brokerage that currently holds the stock to find out how costly that will be. Assuming the stock gained in value while you held it outside the TFSA, this transfer will result in capital gains tax that you'll have to pay when you file your taxes for the year in which the transfer occurs. The tax would be calculated by taking the value at time of transfer, minus the purchase price (or the market value at time of purchase, if your plan allowed you to buy it at a discounted price; the discounted amount will be automatically taxed by your employer). 50% of the capital gain is added to your annual income when calculating taxes owed.  Normally when you sell a stock that has lost value, you can actually get a \"\"capital loss\"\" deduction that is used to offset gains that you made in other stocks, or redeemed against capital gains tax paid in previous years, or carried forward to apply against gains in future years. However, if the stock decreased in value and you transfer it, you are not eligible to claim a capital loss. I'm not sure why you said \"\"TFSA for a family member\"\", as you cannot directly contribute to someone else's TFSA account. You can give them a gift of money or stocks, which they can deposit in their TFSA account, but that involves that extra step of gifting, and the money/stocks become their property to do with as they please. Now that I've (hopefully) answered all your questions, let me offer you some advice, as someone who also participates in an employee stock purchase plan. Holding stock in the company that you work for is a bad idea. The reason is simple: if something terrible happens to the company, their stock will plummet and at the same time they may be forced to lay off many employees. So just at the time when you lose your job and might want to sell your stock, suddenly the value of your stocks has gone way down! So you really should sell your company shares at least once a year, and then use that money to invest in your TFSA account. You also don't want to put all your eggs in one basket - you should be spreading your investment among many companies, or better yet, buy index mutual funds or ETFs which hold all the companies in a certain index. There's lots of good info about index investing available at Canadian Couch Potato. The types of investments recommended there are all possible to purchase inside a TFSA account, to shelter the growth from being taxed. EDIT: Here is an article from MoneySense that talks about transferring stocks into a TFSA. It also mentions the importance of having a diversified portfolio!\""}
{"_id": "48722", "title": "", "text": "No state taxes, but Italy also has a favorable treaty with the US Federal Government. Look into to lowering your federal taxes to 5% ;) its a thick read, http://www.irs.gov/businesses/international/article/0,,id=169601,00.html and also try to determine if the Foreign Earned Income Exclusion applies to you, reducing your Federal tax to ZERO on the first $95,100 earned abroad. http://www.irs.gov/businesses/small/international/article/0,,id=97130,00.html but then you may be subject to a 20%+ italy tax. so maybe you should just try for the tax treaty"}
{"_id": "48768", "title": "", "text": "So the MS analyst wasn't acting independently of MS's role as underwriter when he revised his earnings estimates?   MS is a big place.  I guess I just assumed that someone could be on one end saying something, with other parts of the company blissfully unaware.  All without a conspiracy to commit fraud.  Good to know.   Perhaps you can point - for those of us ignorant in finance - to the rules or laws that were broken here."}
{"_id": "48776", "title": "", "text": "Thanks to the lack of the KeystoneXL pipeline, the WTI price has been artificially depressed. However world prices of refined product haven't - they are set relative to the global price of oil. Thus someone can make a tidy profit by refining, then shipping product.  It's no surprise that there have been shortages of distillate in places like North Dakota - the product goes where the money is.  BTW, in essence it means if US customers won't pay world prices, they won't get the product - putting a floor under the prices you'll pay."}
{"_id": "48783", "title": "", "text": "\"If there is a very sudden and large collapse in the exchange rate then because algorithmic trades will operate very fast it is possible to determine \u201cx\u201d immediately after the change in exchange rate. All you need to know is the order book. You also need to assume that the algorithmic bot operates faster than all other market participants so that the order book doesn\u2019t change except for those trades executed by the bot. The temporarily cheaper price in the weakened currency market will rise and the temporarily dearer price in the strengthened currency market will fall until the prices are related by the new exchange rate. This price is determined by the condition that the total volume of buys in the cheaper market is equal to the total volume of sells in the dearer market.   Suppose initially gold is worth $1200 on NYSE or \u00a3720 on LSE. Then suppose the exchange rate falls from r=0.6 \u00a3/$ to s=0.4 \u00a3/$.  To illustrate the answer lets assume that before the currency collapse the order book for gold on the LSE and NYSE looks like: GOLD-NYSE   Sell (100 @ $1310) Sell (100 @ $1300) <\u2014\u2014\u2014 Sell (100 @ $1280) Sell (200 @ $1260) Sell (300 @ $1220) Sell (100 @ $1200) \u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014 buy (100 @ $1190) buy (100 @ $1180)   GOLD-LSE Sell (100 @ \u00a3750) Sell (100 @ \u00a3740) \u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014 buy (200 @ \u00a3720) buy (200 @ \u00a3700) buy (100 @ \u00a3600) buy (100 @ \u00a3550) buy (100 @ \u00a3530) buy (100 @ \u00a3520) <\u2014\u2014\u2014 buy (100 @ \u00a3500)   From this hypothetical example, the automatic traders will buy up the NYSE gold and sell the LSE gold in equal volume until the price ratio \"\"s\"\" is attained. By summing up the sell volumes on the NYSE and the buy volumes on the LSE, we see that the conditions are met when the price is $1300 and \u00a3520. Note 800 units were bought and sold.   So \u201cx\u201d depends on the available orders in the order book. Immediately after this, however, the price of the asset will be subject to the new changes of preference by the market participants. However, the price calculated above must be the initial price, since otherwise an arbitrage opportunity would exist.\""}
{"_id": "48800", "title": "", "text": "The main difference is that VOO trades on US stock exchanges while VUSA/VUSD trade on the London Stock Exchange.  (VUSA is listed in British pounds while VUSD is listed in US dollars.) They are essentially the same product, but the fees and legal hurdles for a European citizen to trade on the LSE may be quite different from those on US stock exchanges."}
{"_id": "48826", "title": "", "text": "Seo-daddy is the appropriate location to get expert SEO services in Dubai. Our centered and effective SEO campaigns help boom internet site visitors, encourage patron interactions and ultimately help enhance sales. We assure consequences beyond expectations. As a leading Seo companies in UAE, our skillful search engine marketing team is determined to get your emblem recognized on serps. We cautiously check the necessities of our clients and offer the great effects as we choose nice over quantity."}
{"_id": "48834", "title": "", "text": "Well they did not seem to be able to shoot down the two that flew over Japan and those were definitely a threat, so it seems to me the only non-threatening missiles they seem to be able to shoot down are the ones they fire them selves  I am starting to wonder and its starting to seem the missile shields might just be another big military boondoggle."}
{"_id": "48840", "title": "", "text": "You don't have much choice other than to open an account in your business name, then do a money transfer, as @DJClayworth says.  You will not  without providing your name and street address and possibly other information that you may consider to be of a private nature. This is due to laws about fraud, money laundering and consumer protection. I'm not saying that's what you have in mind! But without accountability of the sort provided by names and street addresses, banks would be facilitating crimes of many sorts, which is why regulatory agencies enforce disclosure requirements."}
{"_id": "48855", "title": "", "text": "A rift between Siemens AG (NYSE; SI; XETRA: SIE) and Siemens Israel Ltd. is widening over suspected bribes paid to former Judge Dan Cohen in order to promote the sale of turbines to Israel Electric Corporation (IEC). Siemens Israel managing director Oren Ahronson has been suspended from his duties, under an agreement between the company and its parent. Siemens AG demanded Ahronson's removal."}
{"_id": "48866", "title": "", "text": "I have been using Bill Pay from BoA, Chase, and a local Credit Union, all for at least five years (maybe even 10), and never had any issues with lost checks. Sometimes, an address given to me was incorrect, and what happens is either nothing (meaning, after 90 days, the check is considered outdated and the money gets reimbursed in the account) the bank notifies me after about two weeks that the check was returned as 'recipient not found at that address' or 'invalid address', and the money gets restored right then. That is no guarantee, of course, that nothing will ever happen. But banks are not supposed to accept checks where the recipient name does not match. Also, you should consider using 'Quick Pay' or 'Pay an individual' instead, whatever your bank calls it. That will transfer the money same or next day to your other account, without ever mailing a check. You do not need to enter account information across banks, it works by both banks contacting you through your logins/emails."}
{"_id": "48891", "title": "", "text": "This whole conversation is absolutely stupid.  Presidents have next to nothing to do with random swings in the stock market.  The idiot in chief wants to take credit where no credit is due.  His minion idiots want to bolster the nonsense, and otherwise clear thinking idiots, myself included, want to somehow set the record straight.  But, in the end we are just pissing in the wind too.    God I wish the idiots would shut up.  So, that's exactly what I'll do."}
{"_id": "48893", "title": "", "text": "In the United States, the stock certificate is updated to include beneficiary information.  I expect it to be similar with other markets. TOD (Transfer on Death) From: http://www.nolo.com/legal-encyclopedia/free-books/avoid-probate-book/chapter3-2.html (emphasis added) If you have a brokerage account, contact the broker for instructions.   Most likely, the broker will send you a form on which you\u2019ll name   beneficiaries to inherit your account. From then on, the account will   be listed in your name, with the beneficiary\u2019s name after it, like   this: \u201cEvelyn M. Meyers, TOD Jason Meyers.\u201d If you have the actual stock certificates or bonds in your possession   (most people don\u2019t), you must get new certificates issued, showing   that you now own the stock in beneficiary form. Ask your broker for   help; if that doesn\u2019t work, contact the transfer agent for the stock.   You can get the address from your broker or the investor relations   office of the corporation. The transfer agent will probably have you   send in the certificates, a form called a stock or bond power (some   stock certificates have the power printed on the back), and a letter   explaining what you want to do."}
{"_id": "48924", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/25/upshot/maybe-weve-been-thinking-about-the-productivity-slump-all-wrong.html?smid=re-share) reduced by 82%. (I'm a bot) ***** &gt; Just maybe, if the labor market tightens and good workers are harder to find - and wages rise - that will be the impetus to get companies to consider more of those big-ticket innovations that generate productivity growth.  &gt; You could imagine the same thing happening if wages rose because of market forces; that same fast food restaurant might invest in kiosks and robots if the labor market were so tight that no workers were willing to take the job for $10. If you look at long-term patterns of productivity growth, they roughly fit this idea, that a booming job market tends to be followed by a productivity boom, and that deep recessions are followed by productivity slumps.  &gt; In this way of thinking about productivity, inventors and business innovators are always cooking up better ways to do things, but it takes a labor shortage and high wages to coax firms to deploy the investment it takes to actually put those innovations into widespread use.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s3yzv/maybe_we\\u00e2ve_been_thinking_about_the_productivity/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~185009 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **productivity**^#1 **wage**^#2 **worker**^#3 **growth**^#4 **market**^#5\""}
{"_id": "48933", "title": "", "text": "News are the only thing keeping it together. We can all read entire newspapers on the Web, but the percentage of people that still enjoys reading the morning paper is huge. TV and radio have the advantage of being live (and a live broadcast from a website is still radio/television) - if something huge happens worldwide, you'll always turn your TV on, it's still more connectable than websites. A part from that, I don't see any other advantages comparing to the internet."}
{"_id": "48938", "title": "", "text": "I\u2019ve stopped using uber after hearing the podcasts of lyft. They may be farther behind but it\u2019s because they want to take care of their employees. They\u2019re growing at the rate is required to maintain the company where Uber is trying to grow Tesla style."}
{"_id": "48941", "title": "", "text": "That is definitely where my intuition went as well. I know we wouldn't meet certain requirements. I expect to have to jump through hoops to make it happen. I was mostly asking what hoops I will jump through, and if we will have to jump through fewer if we are not planning on handling other people's cash."}
{"_id": "48946", "title": "", "text": "\"Yes. S&P/ Case-Shiller real-estate indices are available, as a single national index as well as multiple regional geographic indices. These indices are updated on the last Tuesday of every month. According to the Case-Shiller Index Methodology documentation: Their purpose is to measure the average change in home prices in 20 major metropolitan areas... and three price tiers\u2013 low, middle and high. The regional indices use 3-month moving averages, published with a two-month lag. This helps offset delays due to \"\"clumping\"\" in the flow of sales price data from county deed recorders. It also assures sufficient sample sizes.  Regional Case-Shiller real-estate indices  * Source: Case-Shiller Real-estate Index FAQ. The S&P Case-Shiller webpage has links to historical studies and commentary by Yale University Professor Shiller. Housing Views posts news and analysis for the regional indices. Yes. The CME Group in Chicago runs a real-estate futures market. Regional S&P/ Case-Schiller index futures and options are   the first [security type] for managing U.S. housing risk. They    provide protection, or profit, in up or down markets. They extend to the   housing industry the same tools, for risk management and investment,    available for agriculture and finance. But would you want to invest? Probably not. This market has minimal activity. For the three markets, San Diego, Boston and Los Angeles on 28 November 2011, there was zero trading volume (prices unchanged), no trades settled, no open interest, see  far right, partially cut off in image below.  * Source: Futures and options activity[PDF] for all 20 regional indices.  I don't know the reason for this situation. A few guesses: Additional reference: CME spec's for index futures and options contracts.\""}
{"_id": "48947", "title": "", "text": "You'd likely be most familiar with them with respect to options and futures on commodities but they're used for credit/interest as well. The intrinsic value of an option is *derived* from the spread between call/put price and strike price; the value of the contract I've paid for or sold is derived from the current market value of the underlying asset, be it rice, platinum, or the Swedish kroner"}
{"_id": "48949", "title": "", "text": "\"Not sure about that one.   Stark Laws (there is also an earlier, aptly named \"\"anti kickback statute\"\") are the ones to prevent \"\"kickbacks\"\", as well as to prevent self referral in cases where there would be financially beneficial to do so (to prevent fraud).\""}
{"_id": "48952", "title": "", "text": "Yes an index is by definition any arbitrary selection. In general, to measure performance there are 2 ways: By absolute return - meaning you want a positive return at all times ie. 10% is good. -1% is bad. By relative return - this means beating the benchmark. For example, if the benchmark returns -20% and your portfolio returns -10%, then it has delivered +10% relative returns as compared to the benchmark."}
{"_id": "48957", "title": "", "text": "I've never heard of such a thing, but seems like if such a product existed it would be easily manipulated by the big trading firms - simply bet that trading volume will go up, then furiously buy and sell shares yourself to artificially drive up the volume. The fact that it would be so easily manipulated makes me think that no such product exists, but I could be wrong."}
{"_id": "48970", "title": "", "text": "Central Banks always controlled by politics.  Bush Jr. told Greenspan that he needed to be reelected, and all Greenspan could do was lower interest rates to help, and that fueled more speculation by the commercial bankers.  The president appoints the fed chairman, so dont tell me that they are independent of politicians.    the whole notion that a central banker must be independent of the government force is fuking insane.  You let private bankers control your monetary policy and you lose your nation's sovereignty.  I'd rather put my trust to elected officials than unelected private financial mercenaries.   Nationalize the FED."}
{"_id": "48976", "title": "", "text": "Checking accounts can't pay interest, according to the bizarre and outdated Regulation Q. Under the even more bizarre and outdated Regulation D, you can only transfer money out of savings accounts six times per 4 weeks. Your HSA account is probably set up the way it is because the bank wants to be able to tell people they'll earn interest on their savings (although I'll betcha the current rate is something like 0.000000000001%). As far as I know, there's no reason an HSA couldn't be a straight checking account. You wouldn't get interest but you would get more than 6 withdrawals per month. Or, you could do the transfers yourself from savings to checking just keep enough money in the checking part of the account so that the automatic transfer doesn't kick in."}
{"_id": "48998", "title": "", "text": "\"Most practices I've gone to use a triplicate paper form called a \"\"medical encounter form\"\"with the specialty's most common procedure codes and laboratory codes preprinted. (And rarer ones hand added).  The doctor fills this out and the office manager transcribes it. This also has a billing section where in my case the office manager initials \"\"cc\"\" for credit card.  You probably refused or threw away your copy, but can ask to review their copy.   Maybe there is a mis transcribed entry indicating payment at time of service.\""}
{"_id": "49005", "title": "", "text": "\"Doesn't California list literally anything that has the potential to cause cancer cancerous? And don't most of those things have to be ingested to pose any risk? I remember ordering a backpack that \"\"contained cancer causing materials\"\". Well, the chemical in particular was harmless unless you ate it. Are people eating backpacks now? I can understand Monsanto not wanting to give the organic, vegan, hippy, people more affirmation of why they hate Monsanto, but honestly Monsanto sucks for a plethora of reasons. Cancer would just be another drop in the bucket of shit they impose on the world.\""}
{"_id": "49008", "title": "", "text": "\"This is a very uninformed statement. Becoming an executive of a large corporation under the age of 30 (or even 35) is extremely unheard of. It's an unbelievable accomplishment.  It's very likely that having an affluent family (is this even confirmed?) helped this guy a TON when he was a kid: he got a good education and was able to get into Princeton. After that, though, this guy was on his own. Getting a job at Goldman, doing well enough in it to get a PE job, doing well enough at that to get additional PE jobs and eventually becoming a partner, and doing well enough at that to becoming a fucking CFO at 29... you don't do that because of \"\"connections\"\". You do that because you balled out at your job, you worked ridiculous hours, you outperformed your coworkers for promotions, etc; which this guy certainly did.  There are a lot of affluent people that get into great colleges like Princeton, disproportionately so. But there are lots of \"\"regular folks\"\" that get into those schools too, and once they get there they have the same opportunity to excel in their careers. Comments to the contrary are woefully uninformed.\""}
{"_id": "49011", "title": "", "text": "A completely stocked medical bag is a bunch of medically proven and tested products that can be easily used during any sort of practise of sports or while exercise as well. These are for supporting any body part while their excessive exercise."}
{"_id": "49018", "title": "", "text": "&gt; Europe  I think you mean 'Scandinavia'.  It certainly isn't anything close to that in the UK.  Setting dates before they leave is certainly an improvement on the system as it stands but I feel suspicious about the ability of first time parents, facing such a radical change in their lifestyle, to stick to it."}
{"_id": "49023", "title": "", "text": "Great question. Surprisingly, stock returns and GDP growth are mostly unrelated. In fact, they are slightly inversely correlated when you look across countries. Consider a firm that earns $100 on average per year with zero growth. If investors apply a 10% discount rate to this firm, the company will have a market value of $100/10% = $1,000. If it continues to earn $100 per year, it will produce 10% returns despite zero growth in earnings. You can see that realized returns are largely a function of the return investors demand for putting their money in risky assets.  I say mostly unrelated because an increase in GDP growth may increase our firms earnings (though the relationship to earnings per share is muddied by new share issuances, buybacks, M&amp;A, etc.). But you can see from the above example that returns can vastly exceed growth in perpetuity."}
{"_id": "49041", "title": "", "text": "\"Diversity is not an issue - since the 60s, you can't discriminate based on race, religion and even sexual orientation.   It's how diversity and other junk being taught in colleges and university. I don't need my son to hear crap such as \"\"white privileges\"\", \"\"micro-aggression\"\", \"\"no whites are allowed\"\", \"\"57 genders\"\", etc.  So you can see the result of this with how \"\"diversity\"\" is implemented today in the work place. Did you hear what happened in Google?  Anyway, can my son be Trump supporter in certain colleges and universities? Yes or no?\""}
{"_id": "49055", "title": "", "text": "\"I believe transparency when it comes to our food is important. So far the laws have always favored the industry, going so far as to suspend first amendment rights when it comes to \"\"Disparaging food products.\"\" The profits of large agricultural companies shouldn't silence all dissent, reporting and discussion.  They should absolutely have the right to use and sell pink slime, and we deserve the right to know that the're hiding it in our food.\""}
{"_id": "49059", "title": "", "text": "I said it in the comments, but I think it stands as a possible answer; if the bank's the only one telling you you are ineligible for HARP, get a second opinion. The bank is making lots of money off of you, at a time when the pickings are otherwise slim. The bank doesn't want you to refinance, and will do anything it can to convince you that you can't. Many of the big lenders have been taken to task (and to court) by the government for actively hindering these loan modification programs. So, don't trust the bank's word alone. Go to http://www.harpprogram.org and check the eligibility criteria, and if you think you meet them, fill out an application. The basic criteria are: Some caveats:"}
{"_id": "49064", "title": "", "text": "I mean some VCs focus on technology companies, that's a sector focus, but a very broad one. Are you saying you don't want to be limited to one sector?   Also keep in mind that series B investments are much more expensive then A rounds, just because there is more proof and less risk.   I know of some angel investors that invest by size rather than industry, maybe you could partner up with them. All depends on how much capital you have/ how much involvement you want to have with the company."}
{"_id": "49069", "title": "", "text": "A loan with modest interest is better than paying by cash if there are better alternatives for investment. For example, suppose you are buying a house. Consider two extremes: a) you pay the house entirely by cash, b) the entire buy is financed by the bank.  Historically, real (subtracting inflation) house prices (at least in the U.S.) have not risen at all in the long run, and investing all of your own capital in this way may not be optimal. Notice that we are looking at a situation where one is buying a house and living in it in any case. Rent savings are equal in cases a) and b). If instead you were buying a house not for yourself, but as a separate investment for renting out, then you would receive rent. In the case a), the real return on your capital will be zero, whereas in case b), you can invest the cash in e.g. the stock market and get, on average, 7% (the stock market has yielded a 7% real return annually including dividends)  annually minus the bank's interest rate. If the interest is lower than 7%, it may be profitable to take the loan. Of course, the final decision depends on your risk preferences."}
{"_id": "49082", "title": "", "text": "I have prepared a report on scam's like this. I'd be happy to deliver a copy of the report to your home. Just give me your address and mail me the keys to your house and I'll drop by and leave it in your home. Oh, and tell me a time when you won't be home, so I won't bother you when I come by. It might also be helpful if you tell me if you have any cash, jewelry, or other valuables in the house and where you keep them, so I can give you advice on security measures. :-)"}
{"_id": "49097", "title": "", "text": "A tip I tend to put in here that doesn't directly relate to student loan payments, but does matter: Don't focus so much on student loan payments that you find yourself needing to tap short-term credit sources to make ends meet. Making a $100 payment on a 6% interest student loan and then needing to charge a $100 car repair on your 19% interest credit card is not a sound financial move."}
{"_id": "49098", "title": "", "text": "Vice: One of the few legitimate journalism sources left out their (Just my opinion, dont down vote me into oblivion for having an opinion pls- thanks) . I still remember when the founder (i think it was the founder) got into north korea - that shit was great."}
{"_id": "49111", "title": "", "text": "\"http://www.interactivedata.com -&gt; reference data  No, it's not free. Nor would I consider it \"\"high quality\"\".  For free data, try the Yahoo Finance API.  The data you want is there, though you may need to calculate some of the fields yourself.  Once you have your application working with free data you will be in a good position to evaluate whether it's worth it to shift to more detailed non-free data.\""}
{"_id": "49117", "title": "", "text": "The majority of honest sellers who are serious about their business and committed to the Amazon platform just authorize all returns/refunds as quick as they can because they don't want to risk having a bad rating/review punctuate their profile. This policy does not change much for any of those sellers, just a few less clicks they need to make every day.  Agreed that many smaller shops or those who are just in it for the short term don't have the room to absorb the costs of meeting the same level of service Amazon provides directly -- but shouldn't we all aspire to it anyway?"}
{"_id": "49127", "title": "", "text": "\"Trading on specific ECNs is the easy part - you simply specify the order routing in advance.  You are not buying or selling the *exact* same shares.  Shares are fungible - so if I simultaneously buy one share and sell another share, my net share position is zero - even if those trades don't settle until T+3.  PS \"\"The Nasdaq\"\" isn't really an exchange in the way that the CME, or other order-driven markets are.  It's really just a venue to bring market makers together.  It's almost like \"\"the internet,\"\" as in, when you buy something from Amazon, you're not buying it from \"\"the internet,\"\" but it was the internet that made your transaction with Amazon possible.\""}
{"_id": "49133", "title": "", "text": "No shit, Sherlock.  Let's see:  - Valuation down like 80% since last year...  - Massive competition from categorically better products with infinitely deep pockets (Android, iPhone)...  - Only customers are a rapidly-eroding base of legacy enterprise customers with aggressive cost/feature requirements and bulk-purchase negotiating power.   Sounds like a winner!"}
{"_id": "49163", "title": "", "text": "I'm a college student and recently got an interview at an energy investing firm for a job upon graduation. I have academic and extracurricular experience in finance, but I'm not too knowledgeable on the energy sector.    What are some good resources (websites, newsletters, etc.) on learning more about the energy industry?  Are there any industry specific questions that are likely to come up during the interview?"}
{"_id": "49168", "title": "", "text": "The creation mechanism for ETF's ensures that the value of the underlying stocks do not diverge significantly from the Fund's value.  Authorized participants have a strong incentive to arbitrage any pricing differences and create/redeem blocks of stock/etf until the prices are back inline.  Contrary to what was stated in a previous answer, this mechanism lowers the cost of management of ETF's when compared to mutual funds that must access the market on a regular basis when any investors enter/exit the fund. The ETF only needs to create/redeem in a wholesale basis, this allows them to operate with management fees that are much lower than those of a mutual fund.  Expenses Due to the passive nature of indexed strategies, the internal   expenses of most ETFs are considerably lower than those of many mutual   funds. Of the more than 900 available ETFs listed on Morningstar in   2010, those with the lowest expense ratios charged about .10%, while   those with the highest expenses ran about 1.25%. By comparison, the   lowest fund fees range from .01% to more than 10% per year for other   funds. (For more on mutual fund feeds, read Stop Paying High Fees.)"}
{"_id": "49170", "title": "", "text": "\"In the Netherlands its cheaper in some cases to have a mortgage then to own a house.   Example: If you own a house you pay more taxes (because you own something expensive you have to pay \"\"eigendoms belasting\"\" < owners tax). So if you instead of owning the house,  keep the mortgage low and only pay the mortgage interest, the interest will be much lower then the tax you would have to pay. The sweet spot (for lowest interest and not having to pay the owners tax) is different for any mortgage but by grandparents use this method and they pay a really small amount for a rather large house.\""}
{"_id": "49203", "title": "", "text": "I'm gonna drop some knowledge for you.  If you buy 3 items for $9.96, the cost of each individual item is:      $9.96 / 3 = $3.32  This logic carries through in any situation where you pay an amount for more than one of something.  I'm confident you can extrapolate for the 2nd link.  On that note, I don't understand how you clicked the links, saw *literally* only the price, and then closed them.  You sure are zealous in your battle to defend Best Buy."}
{"_id": "49216", "title": "", "text": "I don't know, relative worth might be hard to judge, but I'm pretty sure if you could satisfy all needs and most wants you wouldn't have much trouble with disagreements between people's work value.  Also, get rid of money and trade."}
{"_id": "49235", "title": "", "text": "\"As others have alluded to but haven't said due to the lack of reputation points to spare, you can take advantage of oil prices by leveraging up and using as much credit and margin as the banks and brokerages (respectively) will lend you. People assume that the correct answer on this forum has to masquerade as conservative financial advice, and this is not advice nor conservative. Futures contracts are readily available, but they are expensive to obtain (like a minimum entry of $4,450). But if this expense is no such object to you then you can then obtain this contract which is actually worth 20x that and experience the price appreciation and depreciation of the whole contract. The concept is similar to a downpayment on a mortgage. You assume \"\"rock bottom\"\" oil prices, but fortunately for you, futures contracts will allow you to quickly change your bets from future price appreciation and allow you to speculate on future price depreciation. So although the union workers will be protesting full time after the drilling company lays them off, you will still be getting wealthier. Long Options. These are the best. The difference with options, amongst other speculation products, is that options require the least amount of capital risk for the greatest reward. With futures, or with trading shares of an ETF (especially on margin), you have to put up a lot of capital, and if the market does not go your desired direction, then will lose a lot. And on margin products you can lose more than you put in. Being long options does not come with these dilemmas. A long march 2015 call option on USO ETF can currently be bought for less than $200 of actual cash (ie. the trading quote will be less than $2.00, but this will cost you less than $200), and will be worth $1000 on a very modest rebound in prices. The most you can lose is the $200 for the contract. Compared to $4450 on the futures, or $100,000 (that you don't have) in the futures market if oil really moves against you, or compared to whatever large amount of cash needed to actually buy shares of an ETF needed to make any decent return. These are the most lucrative (and fun and exhilarating and ) ways to take advantage of rock bottom oil prices, as an individual.\""}
{"_id": "49239", "title": "", "text": "Some good and some bad here. The bad amounts to the fact that consumers are missing out on potential opportunity in the markets due to fear. Any financial advisor or analyst can tell you that there are a multitude of ways to enjoy the markets while limiting risk. You may not make a Million but, you will likely beat the savings account rate. On the good news front it is great that Americans continue to shed debt and are hesitant to take on more. Somewhere in the middle is the fact that some borrowers who may be able to qualify for lower rates can't get them due to depreciated home values. The bottom line there is that if you can afford your mortgage, be happy. You don't NEED to refinance for a lower rate, our grandparents never refinanced and they did ust fine."}
{"_id": "49270", "title": "", "text": "\"The simple answer is that what you are doing is an incredible waste of time. The normal process is to charge, say, in January, the bill is cut at month end, and due by the 15th of February. No interest accrues. As long as the credit line is sufficient for your monthly spending, that's it.  Now, if you are watching your score closely, utilization might become an issue, if the statement amount is much over 20%, there's an impact to your score. This is easily addressed with a second monthly payment, made just before the bill is cut.  Keep in mind, the phrase \"\"carrying a balance\"\" commonly means not paying the bill in full, and letting interest accumulate. I understand you didn't mean that. The way you are paying your account isn't common, and really serves no value.\""}
{"_id": "49271", "title": "", "text": "I am currently switching careers and health insurance plans. I am interested in not rolling over and simply a withdrawal of my previous HSA account. What type of penalty would that be and who would I need to contact? The insurance company or the bank where the HSA is held?"}
{"_id": "49273", "title": "", "text": "No, these were exit polls. Entirely different organizations and processes than pre election prediction polls.   As an aside, most of the respected pre vote prediction polls were within the MOE at the area level, and at the national level they were mostly correct, considering he lost the popular vote by a significant margin. It's clear you don't know how statistical models work, but to put it in layman's terms, if they give something a 75% chance to happen, that means the other thing can easily happen. Especially when you are balancing the popular vote (which they were mostly correct on) And the electoral college.   Food for thought next time you think that snarky answer is an intelligent one."}
{"_id": "49274", "title": "", "text": "\"NYT republished a nifty infographic that shows how the S&P 500 performs over various time horizons. If you study it for a bit, you'll see that 10 percent is not likely over time that you'll earn 10 percent annually after inflation. Most people quoting the higher number are working with numbers before inflation.  The above linked chart is misleading in the following sense: it groups into five categories, who's boundaries are demarcated by percentages of interest. But we'd rather see them clustered by those percentages. For example, 6.9 percent falls into the neutral category (better than investing in fixed interest securities, but still below market average), but 7.1 falls into the \"\"above average\"\" category. The effect is that we will treat the neutral color that dominates the long term trend as being somewhere in the middle of 3-7, when I suspect that's not the case. Some day I'll probably make my own version and see how that plays out.  So that all said, if you look at the 30 year diagonal, you can see there's still quite a bit of variation in returns. Unfortunately I can't turn this into a single number for you, but grab a spreadsheet and some market data if you want one.\""}
{"_id": "49285", "title": "", "text": "The SEC considers a day trade to be any trade that is opened and closed within the same trading day, and considers a day trader to be any trader that completes 4 or more day trades within 5 business days. If so they would label you day trader and in the US you are required to have at least $25K in your account. Maybe that's why they require you to add more money to your account? See more at Day trading restriction on US stocks and Wikipedia - Pattern day trader."}
{"_id": "49287", "title": "", "text": "December, 2, 2011 (03:00pm) :-  Nifty Futures up by ( 1.57%) on the strong global crisis.  Steps look by USA, Chinese, &amp; European central banks are praised by every investors.  Bharat Petroleum up by (7.12%) on the strong crude oil cues in Nynex.  Nifty looks a strong support at 4930 &amp; up 100 points on the strong European opening FTSE trading at 5564 up by 75 points, DAX and CAC trading at 3180 up by 50 points.  Nifty futures have strong support levels at 4930 &amp; then 4850 &amp; resistance at 5140 &amp; then 530.0 levels."}
{"_id": "49292", "title": "", "text": "The soaps do not lather at all, the shampoo smells nice and that's about it. The dish washing detergent does not clean worth a shit. The laundry detergent will not pull stains and does not whiten whites, the tooth paste leaves my mouth feeling dirty even with my normal obsessive oral hygiene regimen.  it's all crap. all brand and lifestyle and no substance."}
{"_id": "49307", "title": "", "text": "Quickly check the escrow balance with the new lender. What was supposed to happen is that the old lender would send the money they were holding in escrow to the new lender with information regarding how it was calculated, and what you should be charged each month. The new lender would continue servicing the escrow at the same monthly rate, until they did a yearly or semi-annually re-analysis of the escrow account. This is how all the mortgage transfers that I have had happened, as long as it wasn't due to a refinancing of the loan. If it was a refinancing the escrow transfer was done at closing. He said that they close the escrow account and refunded it and they   start a new escrow with the new lender. The new company would not want to have the money sent to you, because they would now have to require you to send the money on to them. There could be a gap of several weeks. They would have to pay any bills that come due during that gap, without the cash in the escrow account. If the escrow account is either zero, or very low, expect that the new company will be sending you a notice. The old lender could have convinced the new lender to refund the money back to them, or the old lender never transferred the funds. If a notice comes from the new lender, failure to replace the money will put your loan into default. If the sum of money is large they may have to increase the monthly escrow amount to make it up in 6 to 12 months. After that period the monthly escrow will return to a more reasonable level. If the old lender comes after you expect that the request won't be over the phone.  One thing the old lender could do is to request the loan be transferred back to them. The funds would then flow back to their company, but your escrow balance would now be zero, and they would now up your monthly escrow amount to get back on track."}
{"_id": "49308", "title": "", "text": "I would say that the WebMD's sellers are getting a good deal, to be bought out in cash (of certain value) rather than in stocks in KKR / Internet Brands that are of uncertain value (because you can't sell the lot overnight without affecting the price; you have to drip feed the stock onto the market slowly over months or years, and who knows that they'll be worth by the time you've managed to sell them).  In *The Intelligent Investor* Benjamin Graham is quite critical of management funding acquisitions by the dilution of stock. Acquisitions seem to be KKR's raison d'\u00eatre, however."}
{"_id": "49312", "title": "", "text": "Usually I've seen people treat the dividend like a separate cash flow, which is discounted if the company doesn't have a well-established dividend history. I've never really seen dividends rolled into a total return chart (except in the context of an article), probably because dividend reinvestment is a nightmare of record-keeping in a taxable account, and most folks don't do it. One of my brokers (TD Ameritrade) does allow you to plot dividend yield historically on their charts."}
{"_id": "49321", "title": "", "text": "Request verification in writing of the debt. They are required to provide this by law. Keep this for your records.  Send them a notice by certified mail stating that this is not your debt and not to contact you again. Indicate that you will take legal action if they continue to try and collect. Keep a log of if/when they continue to call or harass you. Contact counsel about your rights under the fair debt collection laws, but if they keep harassing you after being provided proof of your identity, they are liable. You could win a judgement in court if you have proof of bad behavior.  If your identity is stolen, you are not legally responsible for the charges. However it is a mess to clean up, so pull your credit reports and review your accounts to be sure."}
{"_id": "49342", "title": "", "text": "I would go android too if there was a nice phone (Xiaomi Mii Mix 2 in small would be neat) and if i could stand android.  So, i'm now on a 2012 ipgone 5. Storage is a bit low now and the battery is pretty bad. Not sure what i should use next. Maybe a SE but i really want a display going to the edges."}
{"_id": "49345", "title": "", "text": "Okay, how good is my programmed test going to be if I'm new to trading? I thought the biggest flaw to algorithm trading is the people that write the code?  I am still trying to develop my own sense of swing reading with significant structure, price action, and other technicals. I was going to use the click-by-click, ninjatrader method to see what works best.   So, between your answer and my question. If I was going to buy data, from what stocks would be the best data to mine. L?"}
{"_id": "49354", "title": "", "text": "It is pretty easy to setup a spreadsheet for calculating interest payments and remaining balance.  Do a quick search online.  You may want to put it in something like Google Docs, where brother can view the status, but only you can edit it.  When you get a payment, a portion goes to interest and another to principle.  The formulas will do the work for you. However, I feel that there is a bigger issue.  The math may seem like a good deal for the both of you, but I would be very hesitant to loan a family member money. What if he does not pay?  What if he is late with a payment and goes on a vacation himself?  What if his significant other resents the payment that you collect which precludes her from  buying a new TV, etc... People come to hate/resent big corporations that they have to make payments.  How much more so one that has a face....that comes over and eats?  While this loan is outstanding holidays may never be the same.   Is the loan a real need?  Are you in a position to give them the money?  You may want to consider the latter. Is there a reason he can't just borrow the money from the bank?"}
{"_id": "49376", "title": "", "text": "OTC markets group definitely has a lot of foreign and startup issuer is the tech field. Also you have to define technology. Do you want computer technology, engineering, hardware manufacturing, software companies, biotech, or something else? Technology can mean many things and what you specifically want may end up shaping your portfolio. Also technology is a volatile sector I'd diversify with something more stable like utilities or basic materials if I were you."}
{"_id": "49377", "title": "", "text": "Hard for me to compare, never having taught anywhere else.  I do think it has become a lot more structured over the past decade or so, but there is nothing like the horror stories I hear out the the states (e.g. pay/bonuses tied to performance reviews and/or test scores).  All public system teachers are unionized here, so that helps a great deal."}
{"_id": "49393", "title": "", "text": "Who can buy Uber for anything close to their current valuation? They're worth more on paper than Ford, GM, or Tesla. And founders and execs usually don't get the same seniority of shares and liquidation preferences as VCs."}
{"_id": "49398", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/metacanada] [People Over 40 Should Only Work 3 Days A Week, Experts Claim](https://np.reddit.com/r/metacanada/comments/76ocjv/people_over_40_should_only_work_3_days_a_week/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "49406", "title": "", "text": "I think thats a common but in the end false opinion, that automation will take away all the jobs. In the 1950s people talked about what we'd do with all our leisure time as a result of automation. But here we are 70 years later and we're still working 40-50 hours a week for the most part.  There aren't a finite number of jobs. We create new ones when old ones are no longer relevant. I don't think we need to protect the switchboard operators, lamp lighters or bowling pin setters of America. If a machine can pack a box with toilet paper, toothpaste and AA batteries better than a human, I want more machines."}
{"_id": "49422", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.ocregister.com/2017/08/28/what-business-exodus-california-tops-in-u-s-for-company-creation/) reduced by 81%. (I'm a bot) ***** &gt; Even the headquarters of Jamba Juice and Carl&amp;#039;s Jr. So with much talk about companies supposedly fleeing California en masse - purportedly due to unfriendly conditions for business - would you be surprised if I told you the state had the nation&amp;#039;s largest increase in the number of companies between 2014 and this year?  &gt; Even if you rank states on percentage growth, California still looks pretty good in this period: It ranked 10th best for small business creation; No. 17 for mid-size; 23rd for giant companies and 13th in overall growth.  &gt; Yes, several indexes of relative business attractiveness by state give California low grades.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x1wk6/what_business_exodus_california_tops_in_us_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201450 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **California**^#1 **company**^#2 **state**^#3 **business**^#4 **growth**^#5\""}
{"_id": "49480", "title": "", "text": "\"If you intend to gamble, you should bring cash with you and turn your chips into cash at the end of the night.  If the casino closes and you haven't cashed in your chips before docking, you'll be out of luck.  Also if you use your ship card to get money for gambling, they will charge you a hefty fee. If you use the electronic poker table or a machine that doesn't take actual money, you'll have to use your ship card.  Make sure when you leave the at the end of the night that you \"\"cash in\"\" your electronic winnings.  This is really confusing, but the machines will debit your ship card, into a 'casino account' and if you just walk away thinking it will net out your other purchases (drinks, food, etc) you will lose all of that money.  Summary: If you gamble, use real money and convert your winnings back into real money.\""}
{"_id": "49483", "title": "", "text": "At their age, the likely did not even need the coverage anymore unless they were doing some major estate planning.  If that's the case then it sound like they purchased the wrong policy to begin with since OP's account of the information makes it sound like a term policy.  If it is a term policy, the term was also probably about to end as well.    In the end, this will likely not be a bog deal."}
{"_id": "49503", "title": "", "text": "Serious question here...at buffet places, do we have to tip? What's the normal percentage? There is a new lunch buffet place and all the waiter does is bring  you the drink and I guess clear the table when you're done eating...That's a bit less work than taking your order, bringing your order, making sure stuff is not missing from your order, etc."}
{"_id": "49510", "title": "", "text": "Financial Economics, although, as I understand it, not all colleges offer this major."}
{"_id": "49553", "title": "", "text": "What always impressed my interviewers was talking about my stock trading experience. They don't care if you're investing $100 or $100k as long as you can talk about the story of what you look for in an investment, why you're trading, what your process is. All of that goes a long way to showing you're interested beyond classes."}
{"_id": "49557", "title": "", "text": "\"This is ridiculous. Of course some companies don't pay taxes each year. Off the top of my head, NOL's (net operating losses) can be carried forward 20 years and will definitely reduce tax liability. For that matter, a loss during any year prevents paying income tax (though sales, property, ad valorem and other taxes may apply). Other companies may get capital credits, green credits, or other subsidies that might prevent a tax liability. None of these indicate that a corporation is getting away with anything. The IRS is a lot better at its job than most people think.  The point is, you can't look at any individual year and make an accurate assessment of a company's (or even an individual's) tax burden. It's completely dishonest reporting.  Source: I'm a state tax auditor, and my job is to make sure corporations pay what they are supposed to.  EDIT: additionally, 2010 was the heart of the recession for a lot of companies. There were a LOT of corporations that took losses that year. So to say that \"\"GE took in 14.2 billion and paid no taxes\"\" is misleading: you have to say WHY they paid no taxes or you're just blowing hot air. Taxes are assessed on **income**, not **revenue**. There is a big difference.\""}
{"_id": "49565", "title": "", "text": "I'm no expert but I don't think it's too far fetched to say there's billions of dollars that could be saved with making government spending operate more efficiently. Also there's plenty of things that the government spends money on that could be left to the private sector/state governments (housing, education, healthcare)"}
{"_id": "49574", "title": "", "text": "You just said a lot of stuff and provide no sources.  I'm not even British (American) and can say the British absolutely have things to offer.  They have some of the best universities in the world and are a highly educated, English speaking country. Not to mention, they will likely develop some trade deals with Canada, Australia, and New Zealand.  https://www.google.com/amp/business.financialpost.com/opinion/in-the-trump-era-the-plan-for-a-canadian-u-k-australia-new-zealand-trade-alliance-is-quickly-catching-on/wcm/28a0869b-dbab-4515-9149-d1e242b1ef20/amp"}
{"_id": "49601", "title": "", "text": "I already commented the best existing answers, however let me note a couple of other things.  Some of my friends in the past have wanted to do one of the following:"}
{"_id": "49602", "title": "", "text": "\"It is measured in US dollars.  The US cannot just print the money because that would cause inflation.  Remember that money is really just a convenient placeholder for the barter system.  Creating more money regardless of whether there is more value in the economy (work, resources, etc.) is a very bad idea, and doing so has collapsed the economies of many countries. Debt increasing means that the US owes other countries more money.  So yes, they are receiving more money from other countries, but the US has to pay it all back with interest eventually. The US government spends more money than it receives in taxes.  To decrease the debt, spending needs to decrease and/or taxes need to increase. Many countries lend to the US.  One of the biggest is China.  These countries do so because of interest -- the US pays back more money than it gets lent, so the lending countries make a profit. If China suddenly called in all its debt to the US, this would severely damage the world economy.  China's biggest trading partner is the US, so it has no interest in harming the US this way; it would harm itself.  Additionally, the US would probably refuse to pay it (not to mention that it can't), and then China would lose all the money it \"\"invested\"\" in the US.  It would benefit no one.\""}
{"_id": "49614", "title": "", "text": "\"401k plans are required to not discriminate against the non-HCE participants, and one way they achieve this is by limiting the percentage of wages that HCEs can contribute to the plan to the average annual percentage contribution by the non-HCE participants or 3% whichever is higher.  If most non-HCE employees contribute only 3% (usually to capture the employer match but no more),  then the HCEs are stuck with 3%. However, be aware that in companies that award year-end bonuses to all employees, many non-HCEs contribute part of their bonuses to their 401k plans, and so the average annual percentage can rise above 3% at the end of year. Some payroll offices have been known to ask all those who have not already maxed out their 401k contribution  for the year (yes, it is possible to do this even while contributing only 3% if you are not just a HCE but a VHCE) whether they want to contribute the usual 3%, or a higher percentage, or to contribute the maximum possible under the nondiscrimination rules. So, you might be able to contribute more than 3% if the non-HCEs put in more money at the end of the year. With regard to NQSPs, you pretty much have their properties pegged correctly. That money is considered to be deferred compensation and so you pay taxes on it only when you receive it upon leaving employment. The company also gets to deduct it as a business expense when the money is paid out, and as you said, it is not money that is segregated as a 401k plan is. On the other hand, you have earned the money already: it is just that the company is \"\"holding\"\" it for you. Is it paying you interest on the money (accumulating in the NQSP, not paid out in cash or taxable income to you)?  Would it be better to just take the money right now, pay taxes on it, and invest it yourself? Some deferred compensation plans work as follows. The deferred compensation is given to you as a loan in the year it is  earned, and you pay only interest on the principal each year. Since  the money is a loan, there is no tax of any kind due on the money when you receive it. Now you can invest the proceeds of this loan and hopefully earn enough to cover the interest  payments due. (The interest you pay is deductible on Schedule A as an Investment Interest Expense).  When employment ceases,  you repay the loan to the company as a lump sum or in five or ten annual installments, whatever was agreed to, while the company pays you your deferred compensation less taxes withheld. The net effect is that you pay the company the  taxes due on the money, and the company sends this on to the various tax authorities as money withheld from wages paid.  The advantage is that you do not need to worry  about what happens to your money if the company fails; you have received it up front.  Yes, you have to pay the loan principal to the company but the company also owes you exactly that much money as unpaid wages. In the best of all worlds, things will proceed smoothly, but if not, it is better to be in this Mexican standoff rather than standing in line in bankruptcy court and hoping to get pennies on the dollar for your work.\""}
{"_id": "49624", "title": "", "text": "Are you kidding? Subsidized loans is effectively free money. Of course they're going to avail themselves.  The real reason is prbably that Bernanke didn't want to be playing favorites (which he was). The level and quality of collateral required for these loans varied wildly, with very little explanation.  Also, 16 trillion is a LOT of money to be given out as a subsidized loan, even if the quality of the collateral was high and the duration was short (which is NOT true for at least a trillion of that money)."}
{"_id": "49627", "title": "", "text": "Speaking as a CFA charter holder in an alternative asset class, the CFA designation is beneficial to any role in finance. Not only does it provide a framework for understanding economics, accounting, financial instruments and markets, etc, the real value to me, is the signal it provides to others. For me, the CFA signals a level of intellectual sophistication and work ethic that employers, prospects, etc. Maybe asset management jobs aren't as in demand as previously, but I'm sure a CFA charter holder  has a better chance of finding a retaining that role"}
{"_id": "49634", "title": "", "text": "I don\u2019t know what you mean by \u201cfair price\u201d.  A lot goes into pricing and you haven\u2019t really given enough details. How will the customers be getting your decks? What have customers paid in the past for your decks? What advertising have you already done or are planning to do? How exactly are your decks higher quality? Are your designs original? Who did them? How will they be packaged? There are lots of variables.   You\u2019re going to want to differentiate yourself as much as possible going forward and price accordingly."}
{"_id": "49655", "title": "", "text": "Ethics and sources of meat aside, it's important to note the markets are currently not working. There are farm subsidies keeping the cost of meat low and many externalities generated from meat production (eg cow methane) which are paid for.by society and not the producer. Fix those issues and I'm right there with you!"}
{"_id": "49664", "title": "", "text": "Public sector union rep here.   1) First class? You haven\u2019t worked for many non-profits, have you?  2) the idea that I\u2019m essentially a public employee is ridiculous. My members pay my salary out of their paycheck. I\u2019m accountable to them, not their employer. That\u2019s like saying the groceries they buy are public property or their house is a public building. Once the government pays my members, that money is theirs, period."}
{"_id": "49671", "title": "", "text": "Harvesting fresh produce is labor intensive and that costs money. As it is fresh produce is harvested using quasi-slave labor in North America, China and other parts of the world to keep prices down. Wanna know why a watermelon costs $40 in Japan and $3 in the USA? Guess which country pays legal citizens living wages to harvest produce..."}
{"_id": "49690", "title": "", "text": "\"Generally speaking, yes, you can withdraw cash from an ATM using your credit card. However, this is usually a terrible deal: Also, keep in mind that on top of the limit set by the ATM of the amount of cash you can withdraw, the credit card company also has its own \"\"cash advance credit limit\"\" that is usually lower than your regular credit limit for purchases.\""}
{"_id": "49696", "title": "", "text": "I used to sell electronics at sears.  Let me tell you something about the sears I worked at.  At the time, sears could not figure out how to keep track of how many TVs we had.  So whenever a customer wanted a tv, we had to dash across the store, go into the backroom, get a manager to open the tv cage, and physically check if we had the tv in stock.    This was a colossal waste of time, and we never really had more than 2 or 3 of any given TV at a time.  I lost sales all the time because we didn't have tvs in stock.  Turns out people don't want to wait a week to pick up a TV they bought.  My coworkers and I complained to our manager about this but nothing was ever done."}
{"_id": "49703", "title": "", "text": "I was having a conversation about this recently because I got a raise and it kind of surprised me I didn't have to fight so much for it. Companies regularly give us CPI increases but in certain fields (especially IT at the moment) wage growth is so rapid that in 1-2 years you're 10-20% behind your peers.  A lot of people change jobs regularly to avoid this. I've fought for raises and kept moving around to different departments to keep my wage up to baseline but I get that for a lot of people thats not possible due to company culture."}
{"_id": "49724", "title": "", "text": "Yes, that's all that happened in the last 30 years: people got lazy and stupid, that's all.  Oh, they're more productive? That's just because the CEO is so damn good, all the value from that extra productivity should just go to him. /s"}
{"_id": "49741", "title": "", "text": "\"&gt; would anyone have viewed the success of the iPhone differently if its launch was delayed by a few months?  OK, Mr. Financial 'journalist', why don't you look up Mr/Ms \"\"Depositor #455,000\"\" and catch their reaction when they find out when they can expect their Model 3? How many tail-end Charlies are going to wait that out?  Not to mention what \"\"tail-end\"\" will end up paying; the [current](http://insideevs.com/when-will-the-7500-us-credit-expire-for-the-tesla-model-3-and-everyone-else/) phase-out schedule for that $7500 tax-credit puts it to our recent 'depositor', *hard*. At the Model 3 price point, this is going to make the car about 20% less 'affordable for most of those in line.  With almost 10% back-outs already, another few 'below-expectations' quarters will provoke some serious pitchfork waving.\""}
{"_id": "49765", "title": "", "text": "\"haha I used to be the same way. But then I began to realize that these charts are somewhat intentionally vague so that the topic does seem more confusing and complicated, so then we're much more inclined to just say \"\"hmm ok, I guess they know what their talking about\"\".   That's the beauty of numbers too; they can be manipulated and concentrated into certain way so that it helps to prove a thesis someone is positing. Unfortunately these charts often provide zero context to go along with it, so any real knowledgable investor wont give much thought to one set of charts, like the ones in this post.\""}
{"_id": "49766", "title": "", "text": "The point of the article is not making your own investments vs. hiring a money manager. It is about passive low cost investments vs. active money managers.  This article is advising people to avoid active money managers because (A) even an extra 1% management fee adds up to a lot, and (B) active managers usually don't beat the low cost passive options anyway."}
{"_id": "49771", "title": "", "text": "Stuart MacFarlane Psychotherapist Stuart MacFarlane is a well-known Jungian psychotherapist who has over 30 years of experience as an educator, counsellor and psychotherapist. Originally from Sydney, Australia, he currently resides in London where he maintains his private practice. Over the years, he has helped hundreds of patients cope with and overcome a variety of psychological dilemmas."}
{"_id": "49782", "title": "", "text": "I can often get the option at [a] price [between bid and ask] The keyword you use here is quite relevant: often. More realistically, it's going to be sometimes. And that's just how supply and demand should work.  The ask is where you know you can buy right away. If you don't wanna buy at ask, you can try and put a higer bid but you can only hope someone will take it before the price moves. If prices are moving up fast, you will have missed a chance if you gambled mid-spread. Having said that, the larger the spread is, the more you should work with limits mid-spread. You don't want to just take ask or bid with illiquid options. Make a calculation of the true value of the option (i.e. using the Black Scholes Model), then set your bid around there. Of course, if not only the option but also the underlying is illiquid, this all gets even more difficult."}
{"_id": "49788", "title": "", "text": "Obviously the problem that we have no control over and is going on in someone else's house. It's like how in meetings the major bugs in the latest release are glossed over in five minutes while discussions of coffee room etiquette take forty five."}
{"_id": "49794", "title": "", "text": "I'm just began playing in the stock   market. I assume you mean that you're not using real money, but rather you have an account with a stock simulator like the one Investopedia offers. I am hopeful that's the case due to the high level of risk involved in short selling like you're describing. Here is another post about short selling that expands a bit on that point. To learn much more about the ins and outs of short selling I will point again to Investopedia. I swear I don't work for them, but they do have a great short selling tutorial.  When you short sell a stock you are borrowing the stock from your broker. (The broker typically uses stock held by one or more of his clients to cover the loan.) Since it's basically a loan you pay interest. Of course the longer you hold it the more interest you pay. Also, as Joe mentioned there are scenarios in which you may be forced to buy the stock (at a higher price than you sold it). This tends to happen when the stock price is going against the short sell (i.e. you lose money). Finally, did anyone mention that the potential losses in a short sell are infinite?"}
{"_id": "49796", "title": "", "text": "I would not take any action with the check (neither return it nor cash it), but instead contact the bank.  We live in the modern era where you can call someone on the phone or email them, and get nearly instant feedback.  Use this to your advantage.  Find out why they refunded you the money twice: was it an error on their part (in which case you just tear up the check or return it to them and be done with it)?  Is it possible you're wrong about it being twice refunded (maybe the first check didn't go through properly or was only for half the amount, and you're just wrong)?  Maybe they had some sort of guarantee that they failed to live up to and are correctly refunding you double your money. Probably the first, of course.  But you should call them and ask, and verify what they want you to do, before you take any action - particularly one that costs you money.  And certainly don't just cash the check; if it is a mistake, they'll be asking for that money back later, with interest, and be within their rights to do so."}
{"_id": "49797", "title": "", "text": "But the point is that these opinions were once held by many if not most of our Founding Fathers, which leaves open the question of which of their other opinions we can take seriously. They did not enshrine their hypothetical view of Congressmen as temporary workers in the Constitution, did they?"}
{"_id": "49798", "title": "", "text": "Generally banks will thoroughly check to make sure there is a market for the item before they take it as collateral. After that they will say it's only worth 40-80% of its value to avoid price volatility. So while it is rediculous to take a Andy Warhol painting as collateral, banks will be pretty conservative on its value (usually)."}
{"_id": "49830", "title": "", "text": "Because that is not at all what you said. Very simple.  PS. You can always use more data. You never have perfect or enough data. So you point is akin to water is wet... it is not like you discussed why the data we have is not appropriate"}
{"_id": "49838", "title": "", "text": "\"I feel like you didn't actually read your agent's agreement, which should say where the money actually comes from. You sign it so that your agent can get paid by the listing agency from the net brokerage fees which the buyer pays. In the United States, \"\"real estate agents are prohibited from being paid a commission directly by the consumer.\"\" (citation: https://www.thebalance.com/how-do-buyer-s-agents-get-paid-1798872 ) The agreement will say exactly where your buyer's-agent's money is going to come from. Typically the listing agency receives the broker fees from the seller, and then pays both the seller's agent and the buyer's agent from that. It means both agents have to split the fee. [If] for some reason the seller won't pay the buyer broker, can I just not purchase the house? Pretty much, yes, though it won't be you saying \"\"deal's off\"\". Unless they have some really unusual contracts with their OWN broker, if the seller refuses to pay fees, their own side of the transaction is going to fall apart and the sale won't happen at all, leaving you off the hook for your own broker's fee.\""}
{"_id": "49844", "title": "", "text": "Given the current economic situation with more people going online to shop for everything from groceries to the most important purchase of a lifetime, the perfect place to live, it is paramount for real estate firms, both large and small, to ensure their website grabs and holds potential client attention."}
{"_id": "49849", "title": "", "text": "In a very basic sense you can only issue a dividend from distributable profits, which in practice is usually the businesses retained profits. As a new company you will not have any retained profits and therefore technically no distributable profits.  In practice though, many companies issue interim dividends before the year end, however you are best taking professional advice as to whether you are in a position to do this. If the company pays out dividends in the first year and then makes a loss you will have been deemed to make an illegal distribution. The 'dividend' can then actually be treated as loan rather than a distribution but there are potential tax implications there.   See ACCA guidance here on Illegal Dividends. A Chartered Accountant will be able to advise you accordingly."}
{"_id": "49875", "title": "", "text": "You could also interpret these actions as satisfying consumer wants, instead of as some sort of conspiracy.  Businesses want to make sales. That's not news. That's no a secret. I think it's pretty safe to assume everyone knows that.   If you, as an individual decided to pawn of responsibility for for purchases on other people, you'd be seen as ridiculous, and rightly so.  This implies that you think this doesn't apply to you, but does apply to many other people. That makes you an elitist. Exactly how much better than everyone else do you think you are?"}
{"_id": "49893", "title": "", "text": "About 10 years ago, I used to use MetaStock Trader which was a very sound tool, with a large number of indicators, but it has been a number of years since I have used it, so my comments on it will be out of date. At the time it relied upon me purchasing trading data myself, which is why I switched to Incredible Charts. I currently use Incredible Charts which I have done for a number of years, initially on the free adware service, now on the $10/year for EOD data access. There are quicker levels of data access, which might suit you, but I can't comment on these. It is web-based which is key for me. The data quality is very good and the number of inbuilt indicators is excellent. You can build search routines on the basis of specific indicators which is very effective. I'm looking at VectorVest, as a replacement for (or in addition to) Incredible Charts, as it has very powerful backtesting routines and the ability to run test portfolios with specific buy/sell criteria that can simulate and backtest a number of trading scenarios at the same time. The advantage of all of these is they are not tied to a particular broker."}
{"_id": "49930", "title": "", "text": "I'm going to assume that you want to be invested all the time and each trade consists in selling a security and buying another one (similar to your example). How much commissions you are willing to pay depends on several factors, but one way to think about it is as follows. You have a position in stock A and you want to switch to stock B because you think it will perform better. If you think there's a good chance (>50%) that B will outperform A by more than x% then you can happily pay up to x/2% commissions and still make money over a long time horizon. If you like formulae, one way to express it is: Where: Example: if you tend to be right 51% of the time (hit rate), and gain 110% more than you lose on average (win loss ratio), you can see that your expected profit is: 5.1% - commissions, so you could pay 2.5% commissions on entering and closing the position and still make money*. Unfortunately, common sense, statistics and numerous studies tell us a sad truth: on average, people have a hit rate of 50% and a win/loss ratio of 100%. Which means that their expected profit per trade is 0% - commission. Based on that crude observation - unless you can prove to yourself that you are better than average - you should aim at reducing commissions paid to your broker as much as possible through: * 51% and 110% are not random numbers, they correspond to the results of the top 15% (professional) managers in a research paper using a sample of 215 funds managing $150bn."}
{"_id": "49948", "title": "", "text": "First off, the basics on HST/GST:   You don't need to collect HST, if you don't want to, until you hit 30k in a particular three month period (assuming you're not regularly passing $30k).  You then need to collect on the sale that takes you over $30k plus all sales after that.  See the H&R Block page on GST/HST for example: [B]usiness goes through the roof, generating more than $30,000 in one particular three-month period. In this case, the day the sale goes through that took you over that $30,000 threshold becomes the day you cease to be a small supplier. You must charge GST/HST on the sale that put you over the $30,000 limit, and on all sales after that, even if you are not yet registered. You now have 29 days to register with the government. Alternately, if you hit 30k over four three-month periods (i.e., a year), then you are exempt until the end of that fourth three-month period, after which you must register and collect HST the month after: [R]evenues in excess of $30,000 during four (or fewer) previous, consecutive three-month periods. You will be considered to be a small supplier for those four calendar three-month periods, plus the next month. Your first sale after that additional month, and all sales thereafter, will have to include GST/HST. You will have 29 days from the first day of the second month to register. However, many businesses do collect HST/GST even under that limit, in particular as it means you can collect tax refunds for your input HST/GST paid.  If you do so, then you simply register from the start, and then you don't need to worry about it.  You do need to remit those taxes collected, though.  If you don't remit, you won't be able to collect tax rebates for your input HST/GST. You decide to become a GST/HST registrant when you start your business. You expect to exceed the $30,000 threshold at some time in the near future. You also want to receive any GST/HST paid back from the government on all expenditures especially those high startup costs. And, as Grant Thornton recommends: In most cases, it\u2019s generally a good idea to register for GST/HST as soon as your business is established. Provided that your business makes (or will make) taxable or zero-rated supplies, early registration ensures that GST/HST paid on costs incurred is recoverable since tax paid prior to registration is generally not recoverable except on the purchase of inventory, capital property and prepaid services still on hand at the time of registration. Be sure to register early because, in many situations, registering late can result in the loss of recoverable GST paid before registration."}
{"_id": "49966", "title": "", "text": "The exchanges artificially push the price of the stock down on the ex-div date. Often the impact of paying the dividend is absorbed by the ebb and flow of trading in the stock later in the day by the market. I think this was noticable with Nokia because the company is in poor shape and the stock has plunged recently.  Dividends are a great way for companies to return value to shareholders. The trend for many companies, particularly growth stocks is to reinvest profits to grow the company. Former growth stocks like Microsoft like to just sit on billions of dollars and do nothing with it."}
{"_id": "49983", "title": "", "text": "\"What does \"\"points\"\" mean In any stock market, there are certain stocks that go up and certain stocks that go down. Hence if we want to find the generic health of stock market, i.e. on an average is it going up or down, we have no means to find out.  A practise that has evolved over the years is take a set of companies and find if on average they have gone up or gone down. In very simple terms say in 1970 I take the Market Capitalization of a set of 50 companies, lets say its value is \"\"X\"\". I would now call this index as value of 100. Now after a month if the Market Capitalization is 2X, the index value would be 200. After another month if the Market Capitalization come down to 1.5X, then index value would be 150. So essentially now one is able to get the general trend more easily. S&P is an index of Select 500 companies based on various parameters. So in isolation 2000 does not mean anything. However as a comparison it does give quite a bit of insight. Note there are various adjustments made to factor, i.e. certain companies go bankrupt or are not doing well are removed from Index, share splits, mergers, etc. This ensure that the Index is neutral and does not show unwarranted spikes.\""}
{"_id": "49996", "title": "", "text": "Non-disclosure agreement?  To be honest though, your idea would have to be great *and* achievable to make it appealing enough to steal. I'm involved in two businesses at the moment (one of them is a web app). We have an NDA in place for potential investors, which is enough to let people know you're serious."}
{"_id": "50000", "title": "", "text": "\"What is a good bank to use for storing my pay? Preferrably one that has free student accounts. Can I save money from my paychecks   directly to a Canadian bank Otherwise, can I connect my bank account   to my Canadian account online? Any (almost...) bank in the US has free college checking accounts. If the bank you entered doesn't - exit, and step into the one next door which most likely will. The big names - Wells Fargo, Bank Of America, Chase, Bank of the West, Union Bank, Citi etc - all have it. Also, check your local credit union. Do I need any ID to open a bank account? I have Canadian citizenship and a J-1 visa Bring your passport and a student card/driving license (usually 2 ID's required). What form of money should I take with me? Cash? Should I apply for a   debit card? Can I use my Canadian credit card for purchasing anything   in the states? (Canadian dollar is stronger than US dollar currently,   so this could be to my advantage?) There's some fuss going on about debit cards right now. Some big banks (Bank of America, notably) decided to charge fees for using it. Check it, most of the banks are not charging fees, and as far as I know none of the credit unions are charging. So same thing - if they charge fees for debit card - step out and move on to the next one down the street. Using debit card is pretty convenient, cash is useful for small amount and in places that don't accept cards. If you're asking about how to move money from Canada - check with your local (Canadian) bank about the conversion rates and fees for transfers, check cashing, ATM, card swipes, etc - and see which one is best for you. When I moved large amounts of money across the border, I chose wire transfer because it was the cheapest, but for small amounts many times during the period of your stay it may be more expensive. You can definitely use your Canadian credit/debit card in the States, you'll be charged some fee by your credit card company, and of course the conversion rate. How much tax does I have to pay at the end of my internship? Let's assume one is earning $5,000 per month plus a one time $5,000 housing   stipend, all before taxes. Will I be taxed again by the Canadian   government? $5K for internship? Wow... You need to talk to a tax specialist, there's probably some treaty between the US and Canada on that, and keep in mind that the State of California taxes your income as well. What are some other tips I can use to save money in the California? California is a very big place. If you live in SF - you'll save a lot by using the MUNI, if your internship is in LA - consider buying an old clunker if you want to go somewhere. If you're in SD - just enjoy the weather, you won't get it in Canada. You'll probably want a \"\"pay as you go\"\" wireless phone plan. If your Canadian phone is unlocked GSM - you can go to any AT&T or T-Mobile store and get a pre-paid SIM for free. Otherwise, get a prepaid phone at any groceries store. It will definitely be cheaper than paying roaming charges to your Canadian provider. You can look at my blog (I'm writing from California), I accumulated a bunch of saving tips there over the years I'm writing it.\""}
{"_id": "50002", "title": "", "text": "You are right that every transaction involves a seller and a buyer. The difference is the level of willingness from both parties.  Overbought and oversold, as I understand them (particularly in the context of stocks), describe prolonged price increase (overbought, people are more willing to buy than sell, driving price up) and price decrease (oversold, people are more willing to sell than buy, driving price down)."}
{"_id": "50018", "title": "", "text": "No, everyone has the ability to plan their life. Everyone. I grew up piss poor and black. Living below your means doesnt mean homelessness. It means buy groceries instead of eating out, pay $500 room rent vs $1200 apt.   Sacrifice today for tomorrow"}
{"_id": "50027", "title": "", "text": "My point was not so much to advocate higher pay for these guys as to point out that some of these folks may actually have worthwhile skills, but can't find better work. I just think it's a mistake to assume they're lazy scum, that's all. At least, that's what I took away from reading snook's paragraph."}
{"_id": "50039", "title": "", "text": "For whatever reason, Americans gave up on learning about the world or caring whatsoever about how they are governed. Most people around me have some working knowledge of current events, but aren't interested or passionate enough to do anything about. And the 2 party system perpetuates this behavior, as does the media we consume. A lot of us don't vote because we don't believe at all in the system.  As for military spending vs. social programs, well... it's hard to disagree over facts [so I'll just link to this here.](https://static.nationalpriorities.org/images/fb101/2014/presidents-proposed-total-spending.png) Military at 16% vs. social programs at 50% combined. I'll never defend how large our military is - frankly I think it's a joke at how much we spend today - but there are too many spending issues to count and the social programs are a larger part of that than anything else.  I'm no republican or democrat. Whether they believe it or not, both political party participants are for bigger government and more centralized control of the economy and our daily lives."}
{"_id": "50041", "title": "", "text": "\"The added value is web ordering (secure payments, shipping and paying fraud prevention) and handling logistics to ship to your door.  Retail adds additional middleman cost via commercial brick and mortar stores with comparable expensive rents only \"\"near\"\" the customer (not to the door) and retail workers salaries. Many products don't need to be touched and felt before buying and with great return policies this is solved via a little bit more time (return ship &amp; replacement).  The last advantage of retail over online is \"\"can have it in few hours at home\"\" versus days for online shipping. Few items justify that instant delivery premium: emergency buys (spare parts for broken down machines, printer ink/toner cartridges), fresh cooked meals for example.\""}
{"_id": "50047", "title": "", "text": "I would like to add that from my own research, a pro to leasing over buying a new vehicle would be that with the lease the entire 7,500 federal incentive is applied directly to the lease, or so they say. If you buy a new car you get a 7,500 federal tax incentive also but if you dont have 7,500 bucks in taxes this wont be as much value. It doesn't sense to me to buy used since you dont get the tax incentive and also if you're in california the 2,500 rebate only applies to buying new or leasing 30 month or longer."}
{"_id": "50054", "title": "", "text": "Its not a mystery what it does. Its clearly not good for society, especially in America. Any economist that is confused is not an economist but a leftist ideologue who knows enough economics terminology to persuade irrational people to support a doomed system of market interference and policies that aim at equality of outcome instead of the tried and true method of providing economic freedom and mutually beneficial (and consensual)  deal-making. LOL that this is in the economics sub. Just shows how far leftist ideologies have penetrated business and government. Aren't the conservatives supposed to be the experts in business?"}
{"_id": "50071", "title": "", "text": "I'm afraid your best recourse may be legal. I don't know that internet is a necessity, but the court would frown upon anyone paying $4K for rent but not being able to afford to heat the water or turn the lights on. $48K a year net should be enough for her to at least keep the kids with these things.  I don't know that you can educate her. Her issue is very deep-seated and far beyond a good financial planning type session."}
{"_id": "50080", "title": "", "text": "Some countries in European Union are starting to implement credit history sharing, for example now history from polish bureau BIK and German Schufa are mutually available. Similar agreements are planned between polish BIK and bureaus in the Netherlands and United Kingdom."}
{"_id": "50081", "title": "", "text": "What percent of a company are you buying when you purchase stock? The percent of a company represented by a single share can be calculated by percent = 1/number_of_shares*100% Apple comprises 5,250,000,000 shares, so one share makes up about 1.9e-8% of a company, or 0.000000019% of Apple."}
{"_id": "50117", "title": "", "text": "\"is there a legal service online where, for a modest fee, you could have someone fire off a \"\"fuck you, we have no intention of paying\"\" letter to these companies in case you're ever contacted and shaken down?  The movie industry are reducing their legal fees by hiring companies to automate the whole process and process lawsuits in bulk. Can't people targetted by these clowns have their own equivalent?  I'd consider $30-$40 as a reasonable fee to fire off a standard letter by registered mail. There's no reason it should cost as much as putting a lawyer on retainer.\""}
{"_id": "50119", "title": "", "text": "It depends on what you are looking for in the investment. Sharpe is generally used when you are choosing among portfolios(mutual funds, hedge funds, ETFs, etc.) to be the optimal risky portfolio. Treynor is typically used when deciding which security will be added to your portfolio. And the information ratio (alpha/residual standard deviation) is used when deciding which one you will add to a passive portfolio. Also don't forget, when analyzing a stock you need to look at the fundamentals. I hope this helps. And correct me if I'm wrong any you more experienced guys."}
{"_id": "50126", "title": "", "text": "Try fast, trusted, convenient, simple and secure process for title funding. Apply for online car title loans in california with True Financial. Here title Loans can be arranged with minimal fuss, low hassle and low documentation. There are number of easy ways for you to finance through us and lead the way in making fast, cost effective title loans to help you."}
{"_id": "50138", "title": "", "text": "\"Uber/Lyft claim they aren't taxi companies to get around local regulations for the taxi industry, all the while providing taxi service. If you pick someone up and take them somewhere, you're a taxi. It's really as simple as that. This whole \"\"donation\"\" non-sense is just bullshit.\""}
{"_id": "50141", "title": "", "text": "Prices can go up or down for a variety of reasons. If interest rates decline typically every stock goes up, and vice versa. Ultimately, there are two main value-related factors to a price of a stock: the dividends the company may issue or the payoff in the event the company is bought by someone else. Any dividend paid will give concrete value to a stock. For example, imagine a company has shares selling at $1.00 and they announce that they will pay a dividend at the end of the year of $1.00 per share. If their claim is believable then the stock is practically FREE at $1.00 a share, so in all likelihood the stock will go up a lot, just on the basis of the dividend alone. If a company is bought by another, they need to buy at least a majority of the shares, and in some cases all the shares. Since the price the buyer will be willing to pay for the company is related to its potential future income for the buyer, the more profitable the company is, the more a buyer will be willing to pay and hence the greater the value of the stock."}
{"_id": "50196", "title": "", "text": "Depending on your strategy, it could be though there is also something to be said for what kind of order are you placing: Market, limit or otherwise? Something else to consider is whether or not there is some major news that could cause the stock/ETF to gap at the open.  For example, if a company announces strong earnings then it is possible for the stock to open higher than it did the previous day and so a market order may not to take into account that the stock may jump a bit compared to the previous close.  Limit orders can be useful to put a cap on how much you'll pay for a stock though the key would be to factor this into your strategy of when do you buy."}
{"_id": "50214", "title": "", "text": "\"I am going to add just one more item to what are some very well thought out answers. The element of \"\"Cash Out\"\" If you are taking out 80% of the value of the home that you already own free and clear the bank considers this a \"\"Cash Out\"\" transaction - meaning you would effectively walk away from closing with a check for 80% of your home's value. So in a hypothetical situation you have a $200,000 home value - you would be handed a check for $160,000 with which you could do anything that you wanted. Granted, you are likely going to do something responsible with it and purchase another home - BUT (big BUT) the bank can't control what you do with it and that is the part they don't like - and therefore they treat these types of transactions with a higher degree of scrutiny. It is all about control - if the property you are downsizing to fits their rules for lending they may actually loan you a higher loan to value on that purchase than they would on your \"\"cash out\"\" refinance transaction on your current home.  With the purchase loan the money you get goes immediately to the purchase of a new home.  In the \"\"cash out\"\" transaction it goes to a check with which you could do anything you want . . .  and then not pay the loan back . . .  I know no one here would do that - but there are some folks that would . . . and this is one of the reasons \"\"Cash Out\"\" loans are not nearly as easy as they once were to get. http://www.justice.gov/usao/az/mortgagefraud.html\""}
{"_id": "50250", "title": "", "text": "In addition to the adjustment type in NL7's answer, there are a host of others.  If there are any adjustments, form 8949 is required, if not, the gains can be separated into short and long-term and added together to be entered on Schedule D.  Anything requiring an adjustment code in column F of the 8949 requires an entry in column G.   Some other example entries for column F include: (see the 8949 instructions for a complete list) **A wash sale occurs when you sell or trade stock or securities at a loss and within 30 days before or after the sale you: Buy substantially identical stock or securities, Acquire substantially identical stock or securities in a fully taxable trade, Acquire a contract or option to buy substantially identical stock or securities, or Acquire substantially identical stock for your individual retirement account (IRA) or Roth IRA. (from Pub17)"}
{"_id": "50253", "title": "", "text": "There have been many interesting and correct answers but to give a direct answer to your first question, dividend yield is simply dividend over current share price. So, if the share price drops, your dividend yield increases proportionately. Dividend yield is not something one should use as the only source of information of whether a stock is a good/bad buy. It does not show many important factors: the riskiness of the company business, its financial position, profitability, ability to generate cash. Furthermore, dividend yield is just a snapshot of an income gain at a given point in time. It does not mean that this very dividend policy is going to continue in the future (especially not so if the company finances this dividend payments using not its own cash reserves but outside capital by issuing debt securities, which is unsustainable)."}
{"_id": "50260", "title": "", "text": "The majority of the employers hold the misconception that employee training programs are costly and an unwanted expense. But the fact is that a company can reap plenty of benefits by providing personnel training to their employees. Here below we can find some of the top benefits one could enjoy from an employee training program."}
{"_id": "50263", "title": "", "text": "\"Statistics is a sub-field of mathematics. Don't say you like or dislike \"\"math\"\" as a whole.  You've probably only been exposed to arithmetic, basic trig, Euclidean geometry, statistics, and calculus.   Struggling to understand something doesn't make it impossible or mean it will be a setback. Plenty of people have taken academic weaknesses and turned them into strengths by diving deep until you have a real understanding of the material instead of just memorizing operations (such as the \"\"power rule\"\" in calculus or some dumb iterative shit like that).  Up to you what you make of it. The elementary level of statistics is pretty significant part of nearly finance (along with a multitude of other professions and daily life) so know that and choose according to what you want.\""}
{"_id": "50264", "title": "", "text": "The word \u2018\u2019Boost\u2019\u2019 has different meanings like help up or in Scottish dialect it conveys the idea of a push. MMR Boosting also called as ELO boosting is an act where one player called \u2018The Booster\u2019 login into another player\u2019s account called \u2018The Boostee\u2019."}
{"_id": "50267", "title": "", "text": "\"Let me start by hedging a little bit: our industry (finance, I mean) is cyclical, and disciplines tend to surge, to fall, then to rise reborn from the ashes. Fixed income was dead, then fixed income was the place to be, then everyone got laid off, then there was a huge rally, etc. etc.  BUT... if you get into the wrong area at the wrong time, well it doesn't really matter if it recovers in 20 years, does it? As the great man wrote: **\"\"in the long run, we're all dead.\"\"**  Regarding equity research (and here I especially mean **sell side** equity research), the super-volatile markets have made it harder for traditional equity funds to eke out a living, much less to meet investor expectations, so margins have gotten thinner. The increased correlations and increased volatility has just made stock picking less productive as a strategy.  As a result, traditional equity funds have cut back on their trading activity, have consolidated their business to one or two brokers, and have stopped explicitly paying for research. This means fewer soft and hard dollars flowing to less research. Furthermore, sell side research is less productive these days, it was just easier in the \"\"old\"\" bull market, there was more room to find value and pick stocks.   All of these factors are contributing to a decline in the research business, as evidenced by the layoffs we can all find by searching google news.  All that having been said, buy side research is a different story, but the strategies are more complex and you really have to deliver value to your PM in a timely manner.\""}
{"_id": "50279", "title": "", "text": "\"Quick Lowes story....  I just shopped at Lowes for the first time a few days ago. Found the BBQ I wanted (Broil King Baron 440) available there. It was cheaper at Sears but since they are another dying large box retailer and don't answer their phone, I decided to go to Lowes when their Customer Support team said they would price match.  When I got to the till with my ~$900 purchase and showed them the website for the price match, they said they weren't sure if they could do it because it said Out of Stock Online.  15 minutes later and a call to the boss and they said \"\"Sorry we cannot match the $584 sale price at Sears, but we can offer you 10% off Sears' original price of $649.\"\"  Quick math shows that 10% off $649 is in fact $584.   So you have to go out of your way to say you cannot do the price match but actually you are doing the price match. Accidental customer service.  All of these stores that do business this way are slowly dying. The only reason I'm there is for customer service. I can usually order online and it will be easier and most likely cheaper.   An immediate price match would be a great customer experience and would likely lead me to venture back to Lowes in the future. Instead I left feeling like they didn't really want to help me out but accidentally did.\""}
{"_id": "50302", "title": "", "text": "\"When I need to come up with a name I would load up thesaurus.com and namecheap.com and start mashing up words and seeing what is available.   EG. Since it's something to do with drones then I'd look into synonyms for drones or birds and mash it up with other words like robotics and come up with something like \"\"electroWing\"\" and if namecheap.com tells me there's availability then I know I'm on the right path.\""}
{"_id": "50310", "title": "", "text": "Source Sole trader   If you start working for yourself, you\u2019re classed as a self-employed sole trader - even if you\u2019ve not yet told HM Revenue and Customs (HMRC). As a sole trader, you run your own business as an individual. You can keep all your business\u2019s profits after you\u2019ve paid tax on them. You can employ staff. \u2018Sole trader\u2019 means you\u2019re responsible for the business, not that you have to work alone.You\u2019re personally responsible for any losses your business makes. Tax responsibilities   You must: You\u2019re personally responsible for any losses your business makes. This is one condition which you would need to have a look. If you do some shoddy work and your client wants to recover the losses they can come after your personal money or property. LLPs have the same probelm too. And you pay NI and income tax on all of your profits.  If you have a partner then both can take out the profits of a limited company, if both are directors. The tax hit will be less as compared to a single person."}
{"_id": "50330", "title": "", "text": "Answering the first part, it is basically a home equity loan.  You are taking a loan out against available equity in your house.  It generally is at a higher interest rate than what you would get on your first mortgage."}
{"_id": "50332", "title": "", "text": "Regulation is needed to guarantee a free market, because the natural desire of any business is to manipulate the market to its benefit, which generally means a monopoly.  In the case of non-compete agreements, a law (regulation) is required to force companies not to require non-compete agreements."}
{"_id": "50346", "title": "", "text": "Dom &amp; Vinnie Briarcliff Yonkers- Best Italian Restaurant Westchester Country, NY Yonkers Avenue, Yonkers offers Pizza, Pasta, Salad, Specialty Sandwiches nr Nepperhan Ave, Best Pizzeria Feeding Westchesterites, Desserts, Appetizer, Soup, Sides, Burger, lunch and dinner with easy online ordering and Fast Delivery"}
{"_id": "50347", "title": "", "text": "\"Yes, there is a slight reason to worry as the debit card contains  1) Account Number 2) of course a the Debit Card number  3) CSV code at the back of every debit card and  mostly these three parameters are being followed to verify the authenticity of the cardholder, but there are some other parameters like \"\"password of your debit card\"\" and even address in some cases. So stay chill the manager will not be able to make any online payment using the credential of your debit card without password and other details...\""}
{"_id": "50349", "title": "", "text": "I remember a blogger doing a survey of favorite chain burgers and we thought McDonald's and bk would be right at the top, but it was Wendy's as the overwhelming winner by far. I'd say the freshness and quality did it for them"}
{"_id": "50355", "title": "", "text": "I really think /r/personalfinance would be a better platform for this, there's people there who deal with this all the time. I would repost this question there with the additional information;   1. Your age 2. Your savings, including IRAs/401ks 3. Total amount of all debt, including credit card and student loans 4. Your income 5. Your future plans (plans to retire? to which country? back to school?) 6. Your family situation (married / unmarried, kids / no kids)  All of these things impact any financial decisions you might have, that's why personal financial advisors exist."}
{"_id": "50357", "title": "", "text": "&gt;\u201cIf you were to disallow deductions for settlements, then that would create an incentive for companies to litigate the case all the way to a trial verdict,\u201d Victor Fleischer, a tax law professor at the University of Colorado, said. \u201cIf the company had to pay a claim in that instance, it would be deductible. That\u2019s not wise public policy either.\u201d  Huh?  First of all, if the deduction were disallowed why would the payment of a claim at the end of a trial be deductible?  Second, part of the problem, which is unaddressed in the article, is that the companies paying these fines typically sign agreements that admit liability for the fine but deny all aspects of wrongdoing.  Thus, there is no precedent set and there are no guidelines to follow in the future.  As such, the result of a trial would actually be instructional to future participants in these markets.  Similarly, it might actually result in personal liability for the worst offenders in the organizations."}
{"_id": "50368", "title": "", "text": "This sounds like a scam.   C.f. Craigslist for normal warning signs of an on-line scam"}
{"_id": "50381", "title": "", "text": "Anyone want a 6 digit ice number? I've had it since way back  the dial-up days when I was sysadmin for a bbs.   Just typing that makes me feel old.   But we were huge for our area,  2 T1's and a 56k Internet connection."}
{"_id": "50394", "title": "", "text": "The answers provided already pretty much answer the differences and trade-offs, and I'd agree with recommending an online savings account like ING because the rate is just about the same as most CDs you'll find right now.  It's really a matter of when the CD rate is higher, and you can accept not accessing the money, then the CD is a better value, otherwise go with the savings account. However, here is an interesting option with CDs that helps with not being able to access the money: a CD ladder.  Basically, you get a CD every 3 months (or some other acceptable time frame), starting with 3, 6, 9, and 12-month CDs.  When the time is up for each of them, take that money and put it back into a new yearly CD.  Eventually you will get to the point when you have all of the CDs long-term, but you'll get some of the money every 3 months.  If you need the money, you'll have the option to use it, but you can always just keep it going, too.  The exact timing you use depends on your situation, but it's a great way to help get around not being able to access the money for a year or more."}
{"_id": "50395", "title": "", "text": "Never speak to a debt collector. Ask them to stop calling you and STOP talking to them. Communicate only via postal mail. Do not react in an emotional way, do not use foul language, etc. If they call you and attempt to harass or intimidate you, note the date/time, name of the caller and nature of the call. Ask them to cease communications via phone and hang up. You're missing alot of detail here. You need to understand: The key to these things is to fully understand the situation you are in and find out what your legal obligations are."}
{"_id": "50410", "title": "", "text": "Their reputation is still stellar, just because people we're dumb enough to buy in at 38$ doesn't reflect on facebook, it reflects on the underwriters.  You think FB would have said no with the IPO price had been 100$?"}
{"_id": "50428", "title": "", "text": "Even though the person you're responding to actually said paternity leave, I'll respond to the benefit that maternity leave provides to employers:  Businesses with a paid maternity leave policy benefit in 2 ways. 1) Companies that pay for a maternity leave period (as opposed to allowing the time off but requiring it be unpaid) have hire retention - which means that the woman is more likely to come back than become a stay at home mom. 2) Companies with good maternity leave policies get the pick of the litter in hiring women. So while they're perhaps having to hire men they feel are in the top 20th percentile, with women, they're able to hire top ten percentile."}
{"_id": "50433", "title": "", "text": "\"Not exactly. You still have to say to yourself \"\"I'm out of toiler paper, let me go hit that button.\"\" The end goal is not even having to realize you need TP and having it show up at your door in an hour.\""}
{"_id": "50438", "title": "", "text": "\"Author says that only hiring from the top school is elitist and discriminates against people coming from lower ranked schools. Then the author suggests discriminating against people from elite schools and never hiring them.  Then he starts going through some odd statistics about STEM majors to try to \"\"prove\"\" that Harvard kids are dumb. More than half of them go to business/finance. They want to make their millions on Wall Street.\""}
{"_id": "50444", "title": "", "text": "All request and new cases are productively evaluated and screened online at Contact Us. Introductory consultations, LLC formations, and records for routine land and business exchanges are taken care of only online at prudent level expenses. A scope of Delaware llc in-office benefits after the underlying conference is offered yet at expenses higher than those cited for online things. We will keep you refreshed all through the procedure. We give steady correspondence and continuous notices as we process your incorporation."}
{"_id": "50491", "title": "", "text": "It's perfectly legal for your brother to make a loan to you.  However those two transactions are separate.  If he defaults on the LC loan because you didn't pay him, it's his responsibility.  If you default on your loan with him, you've got big problems.  Money + family/friends = scary."}
{"_id": "50496", "title": "", "text": "The Model 3 will probably be a great car but there are other options. I think most people are buying this for the name since we really don't even know how good it's going to be. I mean, they are making a really cheap Tesla S, where are they cutting costs?  The Chevy Bolt has a ~~50%~~ 38km larger battery for practically the same price."}
{"_id": "50509", "title": "", "text": "\"Well what you said about money is the reason people say \"\"things are only worth, what people are willing to pay for them\"\". There is plenty of economic reasons to for instance conserve coastlines and the environment because deforestation, and coral destruction have negative externalities associated with that have to paid out in the future by who ever suffers from those externalities. However there isn't a market for eco-bonds or a way to value that landmass effectively which is a real issue for ecological conservation.  There are people trying to do what and there is an interesting article this week in The New Scientist about such nexus between ecology and economics but while there is clear value somewhere assigning it a price only works if people are willing to buy or invest in it.   Its quite sad how many of the critics of modern banking don't really appreciate what they do and what finance does (or more commonly confusion arises about what finance even is, let alone what it does).\""}
{"_id": "50540", "title": "", "text": "In trade shows, only being there and not putting effort put your company in a bad expense. Your key strategies in your trade show marketing plan will make you able to compete with the rest of the exhibitors, specially those in line of your industry. Here's a good trade show tip to guide your way in a more productive trade show marketing and successful exhibiting. Blog resource is provided by Xtreme Exhibits, a St. Louis trade show displays and exhibit solutions provider."}
{"_id": "50542", "title": "", "text": "The iron-clad rule of investing is that risk and return are directly related. It is impossible to get a higher return than you are getting without putting principal at risk. Your emergency fund should be in cash, preferably in government insured cash (like a savings account). The best you could probably do is laddered 3-month CDs. That way, you could cash them out, one per month, as they mature."}
{"_id": "50562", "title": "", "text": "&gt; There are some products that people would notice a 1% difference from competitors.  Really? I'd think most people are pretty loyal to amazon. They already have their credit card into and account all set up. A 1% price increase doesn't sound like that much at all. Why would I go to all that trouble to save &lt; 5%?"}
{"_id": "50563", "title": "", "text": "What kind of crack are you smoking to think Warren Buffet didn't get to his position by merit... The guy basically invented modern value investing. Sure he's almost senile now but he was a legend back in the day."}
{"_id": "50571", "title": "", "text": "Our banking system is pretty archaic compared to Europe's.  I never realized it until I started managing bank accounts overseas for work.  I manage many in the U.K., with their banking system you can send money to any person or company using a sort code &amp; account (similar to our routing # and account) - and it's free, simple, and reaches the other account within 2 hours.   You can include invoice #s, etc.   It's the same banks that we have over here (HSBC, Citi, etc), I imagine the only reason why they haven't rolled it out over here is because they make a lot of $$$ off of wires in the US (similar concept but we pay $30-60 per each domestic transfer and it can take days).  When my boss moved over here from UK and opened a personal bank account he was horrified to find out that the bill pay function in online banking sent paper checks and that you couldn't just send money to people/companies easily and immediately.  The infrastructure and technology is already in place at the big banks, but the banks make big fees off offering us archaic features and too few Americans realize it can be so much easier; until we legislate that banks offer us the better services that already exist elsewhere I doubt we'll get them."}
{"_id": "50582", "title": "", "text": "Yes and no. It doesn't matter what you think, it often matters what you think other people think about Equifax. Or what you think a bank believes about Equifax. Given that their opinions are usually taken into account along with other bureaus, AND that their system was error prone already, I just don't see this Impacting them in any meaningful way beyond a big ugly lawsuit.   We really need a legal and regulatory mechanism capable of ending companies over this kind of crime against consumers. It's clear to me that without that, all we have is outrage. And outrage is meaningless."}
{"_id": "50601", "title": "", "text": "Lowering spacer enables the car owner to adjust the front end of the car. The cars manufactured in the USA have much higher ride weight than European cars adhering to certain standards. Porsche car has a pair of torsion bar in the manner which cars can coil springs to support the front suspension."}
{"_id": "50614", "title": "", "text": "That's the trick: it seems like they couldn't. Their rides are still heavily subsidized.   I don't think people will pay for Uber if it has a 2-3x price hike, and that's necessary just for them to break even."}
{"_id": "50630", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.paulcraigroberts.org/2017/06/09/without-glass-steagall-america-will-fail/) reduced by 93%. (I'm a bot) ***** &gt; The taxpayer insured deposits of commercial banking should not serve as backing for investment banking&amp;#039;s creation of risky financial instruments, such as subprime and other derivatives.  &gt; By merging commercial banking with investment banking, the repeal of Glass-Steagall greatly increased the capability of the banking system to create risky financial instruments for which taxpayer backing was available.  &gt; Let your representative know that you do not want the financial responsibility for the reckless financial practices of the big banks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ge9tu/america_needs_glasssteagall/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140810 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bank**^#1 **financial**^#2 **Glass-Steagall**^#3 **out**^#4 **repeal**^#5\""}
{"_id": "50635", "title": "", "text": "Most of the people I know who started doing that shit did it because they knew they were just cheap labor and didn't need their wits about them. It comes from a lack of respect of the job and the fact that they don't want to be there. Habits like that happen because they get started and change jobs and keep bad habits, which means that on some level you can assume someone coming from a long time of blue collar work may have habits that affect their productivity in a white collar job, which is opposite from the point you're trying to make."}
{"_id": "50641", "title": "", "text": "Just look at equity purchases and follow the corporate bond money trail.  80% of all stock purchases were made by the same companies that issued the stock and they used bond money to do so.  Everything is running off of near zero interest bond money.  Everything.  Notice how careful they are to use words like revenue instead of profit.  We never ever hear about P/E ratios now.  Meanwhile the financial news sites make up the craziest headlines to explain the constant upward momentum (Dow soars as Trump wipes properly for the first time this week).  The scope of manipulation is beyond anything we can comprehend.  Tech is one of the worst offenders.  We have bubbles everywhere now and plenty of fake ZIRP dependent jobs to go with them."}
{"_id": "50643", "title": "", "text": "As someone fairly new to finance and investing in their 30s, the market is doing too well right now for me to use someone else to tell me how to invest the Sp500 alone is doing so well it is almost a can't miss. I am smart enough to know right now that it is easy and the real value if a financial planner comes when the market is going down. Which is impossible to predict."}
{"_id": "50644", "title": "", "text": "\"You should read up on FTAs. But be aware that they now I think kept secret.. previously, they were intentionally made to be ***so complicated and contradictory*** as to be almost incomprehensible.  for example, look at the difficulty in figuring out [what public services are exempted](http://www.iatp.org/files/GATS_and_Public_Service_Systems.htm) from GATS mandate to privatize- and what isn't.   But, basically, \"\"everything that you cant drop on your foot\"\" is a service. To understand TiSA, you first need to understand GATS, its predecessor.  Here are two short videos- probably clearer than most.  GATS: https://www.youtube.com/watch?v=9oR5ecPE0dE  (GATS is also arguably the real reason US healthcare is so terrible now. Because they want to get top dollar for drugs and insurance services, we literally have to get the worst deal of all.)  TiSA: https://www.youtube.com/watch?v=2_pPqnbXpA4\""}
{"_id": "50661", "title": "", "text": "I'm assuming that you don't have any technical background to assess the validity of the story.  I can tell you that the wells that are in question are an entirely different animal than deep gas bearing shales.  Those wells were less than 3,000' deep and wells are no longer fracced using the chemicals found."}
{"_id": "50672", "title": "", "text": "Not the original commenter, but I'm not quite sure how I-baLL's investment in Apple is immature, nor how it affects you. Grow up? For all you know he has a heavy investment in Apple stock and it is important for him to be aware of internal goings-on.   Fanboy bashers are just as bad as the fanboys. Let people enjoy what they want to enjoy, especially when it has zero impact on your life."}
{"_id": "50675", "title": "", "text": "It certainly creates an opportunity for the re-distribution of wealth.  Money will be transferred from insurance companies to construction companies.  Businesses that go under will be replaced by ones that survived. Some companies will make a profit out of this, but as you have already figured out, no new wealth is created by the disaster.  (Although lots has been destroyed, so we are looking at a net loss.)"}
{"_id": "50697", "title": "", "text": "\"What's just crazy is when apps like Taco Bell and Marcus Theaters only gave the \"\"Always\"\" and \"\"Never\"\" option. Instant delete.  Unfortunately I am sure it's working for them and they have 600,000 clueless users feeding their metadata horde.\""}
{"_id": "50705", "title": "", "text": "\"&gt; That is a matter of opinion. Obviously, I disagree with that sentiment. Do you have a reason behind it?  No. False. \"\"Taxation is theft\"\" is an empirically true statement. It is not an opinion. It is a fact.  Theft\u00a0is taking of another person's property (in this case income) without that person's permission or consent, usually by coercion. Coercion is using force or threats of violence to persuade someone to do something. So a tax is coerced contribution to state and/or federal revenues. Therefore taxation is theft.\""}
{"_id": "50726", "title": "", "text": "\"people are willing to pay higher premiums for options when stocks go down. Obviously the time value and intrinsic value and interests rates of the option doesn't change because of this so the miscalculation remainder is priced into the implied volatility part of the formula.  Basically, anything that suggests the stock price will get volatile (sharp moves in either direction) will increase the implied volatility of the option. For instance, around earnings reports, the IV in both calls and puts in the nearest expiration dates are very high. When stocks go down sharply, the volatility is high because some people are buying puts for protection and others are buying calls because they think there will be a rebound move in the other direction. People (the \"\"sleep-at-night\"\" investors, not the derivatives traders ;) )  tend to be calm when stocks are going up, and fearful when they are going down. The psychology is important to understand and observe and profit from, not to quantitatively prove. The first paragraph should be your qualitative answer\""}
{"_id": "50735", "title": "", "text": "You could also look at your growth in online subscribers as a metric for valuing your company. A progressive increase in subscribers is one of the signs of a healthy online business, and vice versa. Your subscriber growth, site visitations, returning customer percentages and other subscriber based metrics should not be ignored when valuing your company."}
{"_id": "50737", "title": "", "text": "\"One other aspect of this is that the bank will plan to eventually approach the merchant that they are sending paper checks to and say \"\"why don't you sign up with us and give us your ACH info, and we won't send you checks?\"\"  And a lot of merchants will say \"\"sure\"\", because someone has to open those checks and take them down to the bank, and that isn't free.  And that time while the money is in the mail, or sitting on someone's desk to be deposited, that is money that isn't working for you.  So everyone wins.\""}
{"_id": "50742", "title": "", "text": "There are several paths of study you could undertake. If you want to learn the fundamentals of the stock market and become a financial analyst, then finance, economics, and accounting (yes, accounting) are all good to study either on your own or in an institution. Furthermore, if you want to study a specific industry, it can't hurt to know a fair amount of the science behind that particular industry. For example, if you want to understand the pharmaceutical or biotechnology industries, knowledge of clinical trials, the FDA's approval process (in the US, at least), off-label uses for drugs, genetic engineering, etc. are all good to know. You don't have to become an expert, but having a firm grasp on the science is extremely useful when evaluating a company's prospects. If you're interested in becoming an algorithmic trader or a quant, then physics, certain fields of engineering, signals processing, applied math, computer science, or econometrics will get you much farther than a standard finance or accounting degree. Most people can learn the basics of finance; not everyone can learn advanced mathematics. A lot of the above applies to learning about the forex market as well. Economics is certainly helpful, especially central bank policy, but since the forex market is so massive and liquid, many mathematical tools are necessary because algorithms play a key role as well. Per littleadv's suggestion, an MBA with a concentration in finance may be an option for someone who already has a degree. Also, an MSF (Master of Science in Finance) or a degree in financial engineering (called an MFE, or ORFE, for Operations Research and Financial Engineering) are other, potentially better options for someone pursuing a more technical career. A high-octane trading firm may not care that you've taken marketing and management classes; they want to hire someone who can understand complex algorithms and design and implement new ones quickly.  Some MSF programs are pre-experience programs, which means that in exchange for taking more time to complete, they don't expect you to have significant work experience in the financial industry. An MBA might require such experience, however."}
{"_id": "50744", "title": "", "text": "High risk foreign debt is great until the bottom falls out of the market when the government default on debt or revalues currency. If you do this, you should be able to sustain near total losses of principal and interest."}
{"_id": "50750", "title": "", "text": "Once the loan is taken out, Chase would turn around and sell that debt to others, getting all their money upfront and leaving both the person who took the loan out and the new creditor holding the bag.  I worked for a company that used to do this with loans for other things.  They company was Norvergence and were complete scumbags."}
{"_id": "50759", "title": "", "text": "\"1. **[National Suicide Prevention Lifeline, http://www.suicidepreventionlifeline.org](http://www.suicidepreventionlifeline.org \"\"National Suicide Prevention Lifeline, 1-800-273-8255\"\")**      **Call toll-free in the United States: 1-800-273-8255**      **Chat: [http://www.suicidepreventionlifeline.org/GetHelp/LifelineChat.aspx](http://www.suicidepreventionlifeline.org/GetHelp/LifelineChat.aspx)**  2. \"\"[For long-unemployed, hiring bias rears its head](http://www.seattlepi.com/news/article/For-long-unemployed-hiring-bias-rears-its-head-3428844.php)\"\" by Stephen Singer, published on 23 March 2012: http://www.seattlepi.com/news/article/For-long-unemployed-hiring-bias-rears-its-head-3428844.php  3. \"\"[The Anxiety of Unemployment](http://opinionator.blogs.nytimes.com/2012/05/21/control/)\"\" by Dominick Brocato and DW Gibson, published on 21 May 2012: http://opinionator.blogs.nytimes.com/2012/05/21/control/  4. \"\"[Long-term unemployment crisis rolls on](http://money.cnn.com/2012/06/11/news/economy/long-term-unemployment/index.htm)\"\" by Charles Riley, published on 11 June 2012: http://money.cnn.com/2012/06/11/news/economy/long-term-unemployment/index.htm  5. \"\"[Philadelphia Woman, 73, Says Age Has Kept Her Unemployed for Two Years](http://abcnews.go.com/Business/73-year-philadelphia-woman-testifies-age-discrimination-job/story?id=16352837&amp;singlePage=true)\"\" by Susanna Kim, published on 16 May 2012: http://abcnews.go.com/Business/73-year-philadelphia-woman-testifies-age-discrimination-job/story?id=16352837&amp;singlePage=true\""}
{"_id": "50761", "title": "", "text": "To whom is all this debt owed? I would imagine the US gov't, meaning we're really saying that the Federal government and US taxpayer are slowly easing into the role of subsidising post-secondary education, just as state governments fund primary and secondary (though without legislative or judicial action to make the added debt support explicit).  I thought most professors were supposed to be socialist anyway...you'd think they'd take on the needier students for free."}
{"_id": "50790", "title": "", "text": "&gt;Not even close. 1.1Trillion/year deficit is NOT related to taxes, it's related to increased spending  Really?  I kinda thought it had something to do with [losing 2.6 million jobs in 2008](http://money.cnn.com/2009/01/09/news/economy/jobs_december/).  Now that's a lot of revenue gone!  Oh also the bush tax cuts  &gt;How much in additional taxes could we take in? 100 billion conservatively?  So almost 10% of our deficit?  I'd say that's a good start.  I do agree we spend way too much on the pentagon, but pretty sure that went up a lot without our two unfunded republican wars.  There's also the unfunded Bush Medicare prescription drug plan.  You can't seriously think putting those people back in charge will lead to good things."}
{"_id": "50798", "title": "", "text": "/u/NotMyRealFaceBook  As a sniff test, I threw the following assumptions into a Black-Scholes options pricing calculator:  * Stock Price and Strike Price = $200  * Valuation date = 10/31/2017  * Expiration date = 10/29/2027 (European style - no early exercise)  * Volatility = 20% (on the low end for a tech. company - but again see the non-log-normal assumption point above)  * Interest rate = 4% (on the high end - which means the option seller is over-charging you)  * Dividend yield = 0%  The calculator's theoretical call option price results in $82.  Unless the company in question has a materially skewed upside given today's starting valuation, my opinion is the options you are offered are being priced via a Black-Scholes model and are over-priced."}
{"_id": "50802", "title": "", "text": "\"Not that I'm defending the longstanding tradition, but at least there's a strong correlation between wealth and education. They'd obviously be biased and I in no way actually support it but there's *some* kind of rational defense of that practice. /u/ballzwette basically just said \"\"He's rich fuck this guy,\"\" and that's it.\""}
{"_id": "50809", "title": "", "text": "(At least in the UK) a company named Card Factory has been very successful in undercutting the competition using the classic pile 'em high and sell 'em cheap strategy with less glamorous high-street locations than 'traditional' stores. Interestingly it doesn't seem to have spawned either competition at their price point or lowered the general prices for greetings cards even in low-margin businesses like supermarkets. A quick glance at their annual report suggests they're doing reasonably well with this approach."}
{"_id": "50812", "title": "", "text": "\"A currency devaluation isn't a hard default, please don't confuse the two. Although most times a sizable devaluation does lead to default and usually most successful defaults are accompanied by a devaluation.   Here is an [article](http://www.mindfulmoney.co.uk/wp/shaun-richards/how-the-necessary-greek-devaluation-and-default-should-and-hopefully-would-happen/).   &gt;There's nothing positive coming from breaking up with the world's monetary system, any positive results that you get could be obtained with much less suffering by doing whatever austerity measures you need in order to honor your debts.  I'm sure Greece would love to do that if they could. You really think Greece with a GDP to Debt ratio of 164% (as of 2011) is going to be able to pay back it's debts in a orderly fashion? Come on. Austerity is only going to result in recession/stagnation and at best slower growth and since they are getting loans from the IMF/EU - they are taking on even more debt! So they are being put into a position of no economic growth while expanding their debt burden - yeah that's really sustainable! ;).   &gt;AFTER the \"\"evil capitalists\"\" took power and privatized the state corporations the situation started to improve  Just because I think the most viable option for Greece is a currency devaluation does not make me a \"\"evil capitalist\"\".\""}
{"_id": "50860", "title": "", "text": "Saddlesinc manufactures Awning for affordable home accessories that enhance a beautiful home that help to reduce energy cost, redirect rain and protect your home from suns damaging UV rays. These are currently a large of Awning Manufactures in Bangalore. That is why for each kind of ornamental and protecting want for the properties outside elbow room, retractile and motorized sunshade to fit your specific desires."}
{"_id": "50905", "title": "", "text": "They are contractually agreeing to terms that govern how penalties apply to a deposit that involves how wedding party guests review the hotel on Yelp.  Its certainly possible to challenge this in court, but it isn't a first amendment challenge.  Maybe something more like just disputing the charges and asking the hotel to prove the review was left by a particular wedding party member."}
{"_id": "50908", "title": "", "text": "Yes it's a very specialized profession. Like extremely specialized. I've read in the WSJ a number of times that finance is unsurprisingly moving in a more intellectual direction, so i feel having this license in the long run may really pay off.  Thank you for your two cents. I especially like the Board of Directors bit. I really don't know if that is a good reason to dedicate my life to becoming an actuary."}
{"_id": "50912", "title": "", "text": "This is more a question for /r/personalfinance, but I'll answer it anyways. Just use the RATE formula in excel.   =RATE(numperiods,monthly payment,amount financed)*12  Just make sure the number of periods is in months, the payment is negative, and to multiply the whole thing by 12 to get the annual interest rate."}
{"_id": "50944", "title": "", "text": "He's trying to create a compensation system that is as fair as possible.  &gt;I can see certain benefits too, but look - as an employee, I want to work in an environment where I can advocate for myself and, occasionally, negotiate for better compensation. **Some people aren't good at these things, and frankly, that sucks for them. I'll eat their lunch if they let me.**  What you're saying is you want to work at a place that rewards the skills **you** have.  This is a very selfish perspective, but at least you're honest about it.  Of course you want to work somewhere that pays you more than other people.  However I don't see how it benefits the company to reward employees that are good at negotiating salary.  I'd rather have employees that are good at making product."}
{"_id": "50957", "title": "", "text": "This has been happening for a long time.  I know a lot of people are happy that they have a job where they only work 9-6.  Many white collar jobs have turned 9-5 into 9-6 and with no unions and high unemployment everyone just deals with it."}
{"_id": "50963", "title": "", "text": "&gt; So in natural cases competition would be healthiest way but i don't believe other firms can emerge in this markets  Just because you believe they can\u2019t doesn\u2019t mean they can\u2019t. We have to prove doing so is infeasible.  &gt; and amazon could kill real life retailers in 10-20 years time.  That\u2019s not very compelling. Walmart did so faster in the 90s. Customers eventually started drifting to alternative merchants. In the case of Amazon retail sales, one competitors is AliExpress. Google is an advertising company and there are plenty of those around. Facebook is a social media platform and several competitors exist in that arena."}
{"_id": "50964", "title": "", "text": "Put yourself in this position - if you had no debts and no investments, would you borrow money at those rates to invest in the stock market?  If no, then pay off the debts.  If yes, then keep them."}
{"_id": "50969", "title": "", "text": "&gt; Most all chemicals are found in nature.  I prefer no ammonia in my meat. And I prefer my apples and bananas to have the fewest pesticides and herbicides as possible as well.  You are free to eat as many chemicals as you want and I am free to eat food without as many as I want.   You ALWAYS challenge people, but do you really have any proof that ammonia washed meat is better for people?  Do you have any proof that organic fruits are worse for people?"}
{"_id": "50970", "title": "", "text": "Any person at any time may produce their own currency, one can even do so on the back of a paper napkin, ripped beer coaster or whatever.  This is NOT a banking privilege, it is within the lawful ability of anyone capable of engaging in commerce. It is called a 'negotiable instrument' ... it gives the holder rights to a sum of money.  Notice that I say 'holder' ... this is what distinguishes it from a non-negotiable instrument, the fact that you don't need to redeem it from source, you can pass it to another who then becomes the 'holder in due course' and thus obtains the rights conferred. The conferable rights over a sum of money (or, indeed, other asset) are themselves 'value' Do banks do this ?  Yes, all the time! ... one of the simplest examples are cheques drawn against the bank, which are considered 'as good as cash'.  Usually they will be drawn out to the order of the person you wish to pay ... but can equally be drawn out to bearer.  The only reasons they resist making out to bearer is : But you can write your own at 'any time' on 'any thing' ... See the apocryphal, yet deliciously entertaining, tale of the 'negotiable cow'"}
{"_id": "50972", "title": "", "text": "\"You said all terrorists are Muslims, which is not true at all because most acts of terror comes from right winged population (most common are the burning down a refugee house and personal attacks on diffrent looking guys) At least in Germany, dont know about other countries but i can not imagine it much different.  Cause and effect and quantity? is a terror attack more harmful if more people heard of it ? Effect on who ? I can imagine you talking in public is pretty scary for foreigners. (which is the point of the hate speech topic). Lets not drag the refugee topic in here too because its very complicated. Just for your information im very much in favour of fighting the cause of immigration and helping where it is needed and not letting millions walk thousands of miles to get to safety of to make a living. Funny how your mind works. Criminal immigrants are not accepted in Germany by the way and if they get criminal here they get deported. The crime rate of the refugees is actually a bit lower then the rate of the rest of the population, so not big a problem. (which makes sense if you think about it. It was hard to get here and they dont want to go back).   \"\"Do you think a rightwing would attack Muslims if they did not attack westerners? Do you think rightwing attacks are more than Muslim attacks? Are they even 1% of all attacks and harm?\"\".     THIS IS THE CORE PROBLEM I AM TALKING ABOUT. THIS IS WHY MILLIONS OF GERMANS SLAUGHTERED THE JEWISH POPULATION. THIS IS THE RESULT OF HATE SPEECH AND HARD RIGHT PROPAGANDA. The difference between now and then? Swap jew with muslim!!! \"\" the muslims are to blame for the crime rate/ attacking our women / the bad economy. It is exactly the same mindset. People then were no different then people now. They did think they help germany by getting rid of those \"\"pests\"\". Most of them did nothing at all and after the war they said they didn't know about any attacks or killings of jews. Needles to say that the actual crime rate if jews in Germany was no different then the non jew crime rate just as it is now with muslims. The overall crime rate rise significantly though since the start of the refugees crisis as a result of massive right wing activity. You said you hate nazis a while back. I don't think you know what a nazi is and sure enough i called you one and you did not deny. My friend i was wrong about you. You are a helpless cause with terrible arguments based on prejudice and hate. I still did enjoy this conversation because it was a) mostly civil and b) gave me a very good look into the mindset of a nazi. You may be happy to here that i realized while researching the topic that the problem of nazis is much bigger then i have thought and i can not ignore it anymore and have to join the fight. Good day to you and may reason catch up to you in your future life.\""}
{"_id": "50979", "title": "", "text": "You make a great point. For a large part of America, their support for Trump was reactionary, not based on his qualifications.   For better or for worse, is a bad electoral strategy it alienate voters with valid criticisms of a celebrity they like. Like you say, they will just stop listening. Instead they will react with an intense desire to stick it to those dirty liberals for being mean, and elevate that priority above the well-being of the republic."}
{"_id": "50992", "title": "", "text": "\"This is a clever add for Sourcify, but I like the thinking behind it.   While it may not ever lead to a solid business, I find meme chasing to be fun and would consider it to be more of a hobby than a career.   Like when everyone was making \"\"left shark\"\" costumes after Katy Perry's superbowl performance.  Just like with this, you make a few bucks, then you get a legal threat.   Is there a community of merchandise meme chasers?  If so, I would like to join.\""}
{"_id": "51043", "title": "", "text": "This kid gives a good summary of the silver market as it currently stands, and why you should own the physical:  https://www.youtube.com/watch?v=oAK9ohz9h7M  But yes, you will do well to have bank accounts in China and Switzerland, diversifying into yuan and francs... and also jurisdictionally diversifying."}
{"_id": "51046", "title": "", "text": "If you want to put in $1000 into penny stocks, I wouldn't be calling that investing but more like speculation or gambling. You might have better odds at a casino. If you don't have much money at the moment to invest properly and you are just starting out as an investor, I would spend that $1000 on educating yourself so that by the time you have more money to invest you can come up with a better investment strategy."}
{"_id": "51063", "title": "", "text": "It's an over-the-counter stock quote system. Read all about it. Or visit it."}
{"_id": "51066", "title": "", "text": "\"A 100% stock dividend means that you get one share of the \"\"stock dividend\"\" for every share you own. For example, Google did this in 2014 when they gave all of their Class A shareholders one class C share for every Class A that they owned. If the 100% stock dividend is for the exactly the same stock, it is basically the same as a 2-for-1 stock split. If, however, the 100% stock dividend is to give you a different stock, then this is typically due to a corporate reorganization or demerger/spinoff event. Some countries have different tax treatments for the events - for example, with demergers in Australia, Class Rulings need to be obtained from the Australian Taxation Office to declare demergers as tax free.  A recent demerger was in Australia as South32, demerged from BHP Billiton. References: http://economix.blogs.nytimes.com/2014/04/02/the-many-classes-of-google-stock/ http://www.bhpbilliton.com/investors/shareholderinfo/demerger-taxation-information\""}
{"_id": "51073", "title": "", "text": "\"Nominal size versus actual size. Idealistic soft handed lawyers making stupid assumptions about carpentry. Next thing you know they are going to go after women's dress sizes. Or plumbing fittings.   Plumbing pipe has little to do with either inside diameter or outside diameter. Its a confusing mishmash of outside diameter in some materials like copper and inside diameters in materials like iron pipe and rigid pvc that have grown up over the years. In copper the outside diameter is about an eighth of an inch larger than the nominal size in inches. While in iron pipe sizes, the outside is an inconsistent and somewhat arbitray size about a quarter inch larger than the nominal pipe size in inches.   Before you know it they are going to complain that nails are sized according to \"\"pennies\"\", but a pound of 16 penny nails isn't being sold for 16 pennies a pound.\""}
{"_id": "51076", "title": "", "text": "I'm pretty sure that even with that import tariff it's still cheaper. Also, isn't China going to try an have a more environmentally friendly future? Might mean they are preparing for the Asian market more than the western market."}
{"_id": "51080", "title": "", "text": "Proposed solutions 1 and 3 sound like extra work. Is a dual-file system something that you and your wife will be willing to maintain? Having separate files may better reflect your financial structure, but be sure that the expense of added time and overhead is worth it to you in the long run. You could track your own accounts, your wife's accounts, and your joint accounts in the same Money file (solution 2). Getting married can be a simple matter of adding the wife's accounts and recording transfers as money flows into joint accounts. This would make transfers between accounts easy to record and would afford easy reporting of overall income and spending. To maintain a degree of continuity for your own accounts, customize some reports to exclude your wife's accounts and joint accounts. A note about Microsoft Money I think Microsoft Money is fantastic and I have no plans to stop using it despite the fact that Microsoft killed the product line. All Money users should be made aware of the free Sunset version that requires no online activation. Also check out PocketSense, a collection of free Python scripts that can download transactions from some banks directly into Money. I use and highly recommend both."}
{"_id": "51086", "title": "", "text": "\"The primary tax-sheltered investing vehicles in Canada include: The RRSP. You can contribute up to 18% of your prior year's earned income, up to a limit ($24,930 in 2015, plus past unused contribution allowance) and receive an income tax deduction for your contributions. In an RRSP, investments grow on a tax-deferred basis. No tax is due until you begin withdrawals. When you withdraw funds, the withdrawn amount will be taxed at marginal income tax rates in effect at that time. The RRSP is similar to the U.S. \"\"traditional\"\" IRA, being an individual account with pre-tax contributions, tax-deferred growth, and ordinary tax rates applied to withdrawals. Yet, RRSPs have contribution limits higher than IRAs; higher, even, than U.S. 401(k) employee contribution limits. But, the RRSP is dissimilar to the IRA and 401(k) since an individual's annual contribution allowance isn't use-it-or-lose-it\u2014unused allowance accumulates. The TFSA. Once you turn 18, you can put in up to $5,500 each year, irrespective of earned income. Like the RRSP, contribution room accumulates. If you were 18 in 2009 (when TFSAs were introduced) you'd be able to contribute $36,500 if you'd never contributed to one before. Unlike the RRSP, contributions to a TFSA are made on an after-tax basis and you pay no tax when you withdraw money. The post-tax nature of the TFSA and completely tax-free withdrawals makes them comparable to Roth-type accounts in the U.S.; i.e. while you won't get a tax deduction for contributing, you won't pay tax on earnings when withdrawn. Yet, unlike U.S. Roth-type accounts, you are not required to use the TFSA strictly for retirement savings\u2014there is no penalty for pre-retirement withdrawal of TFSA funds. There are also employer-sponsored defined benefit (DB) and defined contribution (DC) retirement pension plans. Generally, employees who participate in these kinds of plans have their annual RRSP contribution limits reduced. I won't comment on these kinds of plans other than to say they exist and if your employer has one, check it out\u2014many employees lose out on free money by not participating. The under-appreciated RESP. Typically used for education savings. A lifetime $50,000 contribution limit per beneficiary, and you can put that all in at once if you're not concerned about maximizing grants (see below). No tax deduction for contributions, but investments grow on a tax-deferred basis. Original contributions can be withdrawn tax-free. Qualified educational withdrawals of earnings are taxed as regular income in the hands of the beneficiary. An RESP beneficiary is typically a child, and in a child's case the Canadian federal government provides matching grant money (called CESG) of 20% on the first $2500 contributed each year, up to age 18, to a lifetime maximum of $7200 per beneficiary. Grant money is subject to additional conditions for withdrawal. While RESPs are typically used to save for a child's future education, there's nothing stopping an adult from opening an RESP for himself. If you've never had one, you can deposit $50,000 of after-tax money to grow on a tax-deferred basis for up to 36 years ... as far as I understand. An adult RESP will not qualify for CESG. Moreover, if you use the RESP strictly as a tax shelter and don't make qualified educational withdrawals when the time comes, your original contributions still come out free of tax but you'll pay ordinary income tax plus 20% additional tax on the earnings portion. That's the \"\"catch\"\"*. *However, if at that time you have accumulated sufficient RRSP contribution room, you may move up to $50,000 of your RESP earnings into your RRSP without any tax consequences (i.e. also avoiding the 20% additional tax) at time of transfer. Perhaps there's something above you haven't considered. Still, be sure to do your own due diligence and to consult a qualified, experienced, and conflict-free financial advisor for advice particular to your own situation.\""}
{"_id": "51102", "title": "", "text": "People can lie, documents can be falsified, details can be omitted, etc. People will go through a lot to make $92,000.  Why doesn't she provide her brother with the necessary funds? If it's such a great investment, it will pay off right? And she's a rich celebrity too?  I know so little about your situation but the little I know doesn't add up."}
{"_id": "51136", "title": "", "text": "This is primarily opinion based. It is like predicting what will happen in future, similar to predicting the value of stock. This is interesting topic on a coin discussion forum like WOC My question is whether moving the coins out of the Whitman folders (some of which are in serious disrepair) to the stapled pockets will adversely affect their value? Whitman folders are for basic collectors to know what to collect and easily show what is missing. These are not great way to preserve coins. Infact good quality coins should never be put into such folders. There are quite a few ways to store coins, Stapled flips ... now one also gets self adhesive flips. Coin Capsules or Archival grade envelops. It depends on the value of coin and how long you want to store these and where are the coins kept [moisture, humidity, pollutants are bad for coins]"}
{"_id": "51148", "title": "", "text": "&gt;You default on a loan, student or otherwise, by not paying.  Student Loan debt, backed by the government, means the government can garnish any wages you make, or otherwise put liens against property you own to secure the debt.  You have no say in the matter."}
{"_id": "51155", "title": "", "text": "i think you're right regarding Amazon, but overall the grocery sector is experiencing a price battle especially with chains like Aldi and Winco expanding. Now with Amazon throwing their hat in the ring, I think their muscle and reach puts more downward pressure on prices sector wide even if this is just temporary penetration pricing. will be interesting to see how this plays out."}
{"_id": "51182", "title": "", "text": "Fundamental rule of investing money : Now come to the point, best money investment"}
{"_id": "51190", "title": "", "text": "Yes, I agree on that and it would have been a better lead. It\u2019s a better story saying tech companies are having a hard time hiring because of the high cost of housing than trying to hammer in the idea that the bay area is losing jobs."}
{"_id": "51191", "title": "", "text": "AFAIK money is a fiat currency. The penny is only worth what the US government says it it worth. If I choose to have my coin material made into pennies then I face an opportunity cost because I could of used that copper elsewhere. If a penny worth of copper is worth 1.8 cents and I choose to make it into a a coin with a value of 1 cent then my opportunity cost is .8 cents.  The whole point of a fiat currency is to take the actual material value of the money out of the equation. A gold coin back before fiat currencies was worth its weight in gold. This would be like saying that you are going to nominally change the value of your gold coin into a coin worth half of its weight. Its weight(value) is equal to 1 gold coin but its spending power is equal to 1/2 a gold coin.  Do you lose value? Of course not. Do you lose spending power? YES Fiat currency is all about spending power, the value is fictional.   When I make the spending power less than the value the purpose of a fiat currency breaks down."}
{"_id": "51197", "title": "", "text": "I'm sorry, but what evidence do you have that maps was free for Apple? They most certainly had some form of structured agreement in place, covering if nothing else development and support of the maps iOS client, but if I had to guess, a whole lot more."}
{"_id": "51203", "title": "", "text": "\"Brokers need to assess your level of competency to ensure that they don't allow you to \"\"bite off more than you can chew\"\" and find yourself in a bad situation. Some brokers ask you to rate your skills, others ask you how long you've been trading, it always varies based on broker. I use IB and they gave me a questionairre about a wide range of instruments, my skill level, time spent trading, trades per year, etc.  Many brokers will use your self-reported experience to choose what types of instruments you can trade. Some will only allow you to start with stocks and restrict access to forex, options, futures, etc. until you ask for readiness and, for some brokers, even pass a test of knowledge. Options are very commonly restricted so that you can only go long on an option when you own the underlying stock when you are a \"\"newbie\"\" and scale out from there. Many brokers adopt a four-tiered approach for options where only the most skilled traders can write naked options, as seen here. It's important to note that all of this information is self-reported and you are not legally bound to answer honestly in any way. If, for example, you are well aware of the risks of writing naked options and want to try it despite never trading one before, there is nothing stopping you from saying you've traded options for 10 years and be given the privilege by your broker. Of course, they're just looking out for your best interest, but you are by no means forced into the scheme if you do not wish to be.\""}
{"_id": "51205", "title": "", "text": "Here's what Investopedia says about payouts for ex-dividend stocks: A stock trades ex-dividend on or after the ex-dividend date (ex-date). At this point, the person who owns the security on the ex-dividend date will be awarded the payment, regardless of who currently holds the stock. After the ex-date has been declared, the stock will usually drop in price by the amount of the expected dividend. Read more: Ex-Dividend Definition | Investopedia http://www.investopedia.com/terms/e/ex-dividend.asp#ixzz4Nl4J3s4k  I hope this helps. Good luck!"}
{"_id": "51211", "title": "", "text": "I am currently a college student and as a part time hobby/business I buy used cars from bank repossesions and flip them. In the past three months I have noticed brand new cars (less than 5000 miles on them) flood the local auctions."}
{"_id": "51218", "title": "", "text": "\"There is a white paper on \"\"The weekend effect of equity options\"\" it is a good paper and shows that (for the most part) option values do lose money from Friday to Monday. Which makes sense because it is getting closer to expiration. Of course this not something that can be counted on 100%.  If there is some bad news and the stock opens down on a Monday the puts would have increased and the calls decreased in value. Article Summary (from the authors): \"\"We find that returns on options on individual equities display markedly lower returns over weekends (Friday close to Monday close) relative to any other day of the week. These patterns are observed both in unhedged and delta-hedged positions, indicating that the effect is not the result of a weekend effect in the underlying securities. We find even stronger weekend effects in implied volatilities, but only after an adjustment to quote implied volatilities in terms of trading days rather than calendar days.\"\"  \"\"Our results hold for puts and calls over a wide range of maturities and strike prices, for both equally weighted portfolios and for portfolios weighted by the market value of open interest, and also for samples that include only the most liquid options in the market. We find no evidence of a weekly seasonal in bid-ask spreads, trading volume, or open interest that could drive the effect. We also find little evidence that weekend returns are driven by higher levels of risk over the weekend.  \"\"The effect is particularly strong over expiration weekends, and it is also present to a lesser degree over mid-week holidays. Finally, the effect is stronger when the TED spread and market volatility are high, which we interpret as providing support for a limits to arbitrage explanation for the persistence of the effect.\"\" - Christopher S. Jones & Joshua Shemes You can read more about this at this link for Memphis.edu\""}
{"_id": "51222", "title": "", "text": "Unlikely. They believe they are starting a business, on the path to the American dream. And they can do it from home in their spare time while the kids are asleep. That's how it's sold to them. The reason people play the lottery is for the hope that they will become instantly rich. Different.   Is success in business as delusional as winning the lottery? Maybe. Would be interesting to calculate and compare the expected value of each."}
{"_id": "51260", "title": "", "text": "They didn't license it from themselves. They licensed it from another business entity. Cross-entity charges are common.  &gt; But as a citizen and a taxpayer, I don't want global corporates to get away with tax evasion.   Then you should be voting for Romney then, as a major part of his platform is to restructure the tax code to discourage this."}
{"_id": "51276", "title": "", "text": "This story illustrates the dumb wrong way to acquire junk cars! Four people were arrested Friday for allegedly attempting to steal a junk car to sell for scrap, and one of the four was also charged in a previous similar case, police said."}
{"_id": "51311", "title": "", "text": "There are many reasons, some already covered by other answers. I have a blog post on the issue here, and I'll summarize:"}
{"_id": "51317", "title": "", "text": "\"What are you talking about?????  I think you got lost in the conversation.   My shit IS done.  The point that was being made is that not everyone has the freedom to quit their jobs when they would like and it can be for all kinds of reasons, many reasons.  The suggestion that one could just save up their \"\"nut\"\" and quit are the words of someone young who has never had obligations beyond themselves.  It's a naive suggestion.  I was talking about a situation I was in two years ago.  And I found another job, which had health insurance and left the crap place where I was working.  Quit barking at me, Foolio.\""}
{"_id": "51323", "title": "", "text": "I believe it's just to limit the less well-off from acquiring one. If your credit history and income do not support a $15,000 credit limit, then don't even think about applying for an Altitude Black card. If they do, then don't bother with a student card. It's primarily about market segmentation by wealth or income."}
{"_id": "51325", "title": "", "text": "I guess it depends on your bank. My bank (Rabobank) recently did introduce this feature. You don't get a card per category, though. Instead you set up rules to match each expenditure to one of the existing pots."}
{"_id": "51331", "title": "", "text": "\"I used the term \"\"bond fund\"\" to mean a mutual fund which invests in bonds. Vanguard has a list.  If you live in PA, OH, MA, FL, CA, NJ, or NY there are tax free funds you can invest in on that list.\""}
{"_id": "51334", "title": "", "text": "At this time I would say that the electric car industry as a whole is too new to be able to invest in it as a sector.  There are only a handful of companies that focus solely on electric cars to create a moderately diverse portfolio, let alone a mutual fund.  You can invest in mutual funds that include EV stocks as part of an auto sector or clean energy play, for example, but there's just not enough for an EV-only fund at this point. At this point, perhaps the best you can do if you want an exclusively EV portfolio is add some exposure to the companies that are the biggest players in the market and review the market periodically to see if any additional investments could be made to improve your diversification.  Look at EV-only car makers, battery makers, infrastructure providers, etc. to get a decent balance of stocks. I would not put any more than 10% of your entire investment portfolio into any one stock, and not more than 20% or so in this sector."}
{"_id": "51337", "title": "", "text": "By your logic, if a loan of \u00a3100 is new money dilutes your purchasing power, then the repayment of \u00a3110 is a reduction of the money supply that increases your purchasing power.  Indeed, ultimately the increase in purchasing power upon repayment is greater than the initial reduction, so you are 'better off' every time a loan is made and successfully repaid. The effect on you is tiny, but the collective benefit you get from all the loans being repaid with interest is more or less equivalent to the purchasing power reduction of the loans that are never repaid.  Therefore you do not lose out and are indeed compensated (in a tiny way) for the tiny risk you incurred. The bank incurs a substantial risk and is thus compensated in a substantial way."}
{"_id": "51356", "title": "", "text": "Assuming your only income is withdrawals from the 401k, the thing that determines the tax rate on your 401k withdrawals is how much money you draw out of the 401k in a single tax year.  The money counts as income when you take it out.  If you withdraw $100,000 from the 401k in a single year, you'll be in a higher tax bracket than if you withdraw only $30,000 in that year, but your earnings in previous years are irrelevant."}
{"_id": "51378", "title": "", "text": "Since there's no UBER or Lyft in VANCOUVER BC I tried out some taxi apps that did this, the wait times suck and the apps were clearly outsourced to the same company and essentially just recolored for the different company because it looked nearly exactly the same. When I hailed the taxi via the app the first app failed then their phone number didn't work, second app showed a taxi being a couple blocks away which mysteriously vanished as soon as I requested a taxi, showing no taxis near me. 2/10 would only do again if I had no other choice."}
{"_id": "51385", "title": "", "text": "If you aren't ivy league you have no hope of getting on wall st in front office. You will not make it pass the first cut. If you have some contacts then perhaps. You will be able to get a job in back office fairly easily but I assume that is not the area you will want to be in."}
{"_id": "51391", "title": "", "text": "I mean, it's hardly random. We're at the point where her father has a significant chance of not making it to the end of his first term. If it's impeachment (as opposed to say, a stroke), there's pretty good odds she's not coming out unscathed."}
{"_id": "51420", "title": "", "text": "Using US tax code, given that your profits are less than 250K, given that you lived in that home over two years, then yes the 150K is tax free.   That is your money in the US. Note:  I won't get into all of the specifics but basically you need to live somewhere 2 years.  You get 250K per person, up to 500K.  Most enhancements count as money towards the home.  So most/all of your 12k should be discounted.  However there is a lot of fine print in this and a lot of interpretation on what is normal upkeep and what is an enhancement."}
{"_id": "51430", "title": "", "text": "I know this isn't the topic at hand, but this kind of threat is exactly why net neutrality is so important. Imagine if the story continued thusly:  &gt; In response, Amazon has contacted all of the major American ISPs and offered to pay them several million dollars to block or significantly throttle all traffic to www.walmart.com"}
{"_id": "51445", "title": "", "text": "There's no formula for how much is the ideal amount to spend on entertainment and fun. As JoeTaxpayer says, it's all about balance. Maybe relative costs are different in France than in the US where I live, but here, housing and the things that go with it -- electricity, heat, insurance, maybe a few other miscellaneous items -- are usually a huge portion of a young person's expenses. If you don't mind living with your parents -- and they don't mind having you -- you can save a lot of money. There are lots of things you can do for fun that don't cost a lot of money. If your idea of fun is collecting fancy cars and making round-the-world trips, yes, that can get expensive fast. When I was in my 20s, my entertainment mostly consisted of going to movies, amusement parks, and occasional concerts; and playing computer games. Those aren't super expensive as long as you don't do them every day. And keeping my car running, which saved money over buying a new car. These days I'm in a situation analogous to yours: I'm getting older, and so I'm trying to build up a retirement account so I can retire comfortably. So I have to balance how much I put away for retirement with spending on fun things now. I have certain targets, and so I budget that I will put this amount away for retirement every month, and my spending money is what I have left. I think that's better than, spend whatever I want on fun, and then put what's left toward retirement. The latter plan is probably a fast route to debt."}
{"_id": "51461", "title": "", "text": "So you gonna not do business with essentially every multinational corporation?  Bribery is necessary to get things done in many many countries across the world. Plus you are taking samsung to task for playing ball with their now disgraced president who had some mystic pulling her strings.   If they were bribing US officials, sure, but different countries play by different rules  Hell if i remember correctly the IRS allows businesses to make deductions based on foreign bribes"}
{"_id": "51486", "title": "", "text": "This article is garbage there is very little crossover from a Walmart and whole food customer base for grocery. They are already attacking Walmart with Amazon.com Target mom's would be there ideal demo to sway over to whole foods. Not to mention whole foods doesn't have enough locations to kill anyone or anything simply lowering prices won't make people drive 30 minutes away from the grocery store around the corner."}
{"_id": "51488", "title": "", "text": "\"##Trader Joe's Trader Joe's is a German privately held  chain of grocery stores based in Monrovia, California. As of May 19, 2017, Trader Joe's had 464 stores nationwide in 41 states and in Washington, D.C. By 2015, it was a competitor in \"\"fresh format\"\" grocery stores in the United States.  Trader Joe's was founded by Joseph \"\"Joe\"\" Coulombe. From 1979, it was owned by Aldi Nord's German owner Theo Albrecht until his death in 2010, when ownership passed to his heirs. Aldi Nord entirely owns and operates Trader Joe's through an Albrecht family trust.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.2\""}
{"_id": "51491", "title": "", "text": "You cannot deduct expenses directly.  However, your employer may participate in programs to allow you to make a pretax deduction capped at $255 per month to pay for certain commuting expenses.  For personal car commuters the main category is to pay for parking.   IRS guidelines Qualified Transportation Benefits This exclusion applies to the following benefits. A ride in a commuter highway vehicle between the employee's home and   work place. A transit pass. Qualified parking. Qualified bicycle commuting reimbursement. You may provide an employee with any one or more of the first three   benefits at the same time. However, the exclusion for qualified   bicycle commuting reimbursement isn't available in any month the   employee receives any of the other qualified transportation benefits."}
{"_id": "51494", "title": "", "text": "Illinois' structural budget problems in the long term are due to Madigan and the Chicago Democrats.  Illinois' current problem is because the Governor is a wealthy cruel idiot.    Illinois is only one of 8 states with a flat income tax.  It needs a progressive income tax in line with its neighboring states."}
{"_id": "51497", "title": "", "text": "Those choices aren't mutually exclusive.  Yes, most discussion of the mortgage interest deduction ignores the fact that for a standard itemizer, much, if not all of this deduction can be lost.  For 2011, the std deduction for a single is $5,800. It's not just mortgage interest that's deductible, state income tax, realestate tax, and charitable contributions are among the other deductions. If this house is worth $350K, the property tax is about $5K, and since it's not optional, I'd be inclined to assume that it's the deduction that offsets the std deduction. Most states have an income tax, which tops off the rest. You are welcome to toss this aside as sophistry, but I view it as these other deductions as 'lost' first.  I'm married, and our property tax is more than our standard deduction, so when doing the math, the mortgage is fully deductible, as are our contributions.  In your case, the numbers may play out differently. No state tax? Great, so it's the property tax and deductions you'd add up first and decide on the value the mortgage deduction brings.  Last, I don't have my mortgage for the deduction, I just believe that long term my other investments will exceed, after tax, the cost of that mortgage."}
{"_id": "51500", "title": "", "text": "\"Amount is so big it's pretty much incomprehensible. Does it matter who we vote for? If Dems, gvmt grows by social programs. If Repubs, gvmt grows by defense spending or \"\"Walls\"\" or whatever. Grows no matter what... and that takes more and more money that we don't have. Keeps adding zeroes to that debt, and hope that other countries we have a trade deficit with continue to trade us their goods. What could go wrong?\""}
{"_id": "51504", "title": "", "text": "There is no way the stock exchange even remotely compares to the efficiency, global reach, and transparency of a decentralized asset exchange like counter wallet.   I'm not saying that these specific implementations will become the next platforms, but they are proof of concept of what's possible and its way better than the way the current institutions handle it. Block chain technology may not carry bitcoin forward to the end game but it will certainly be used in other sectors."}
{"_id": "51513", "title": "", "text": "They've proven their incompetence to the core of their business, and worse they continue to flail with ham fisted fixes (WordPress, failed security certificate configs, random results from the 'have I been impacted' system, failure to address the freeze PINs being timestamps after a year+ of notice, etc). I can't think of any redeeming action they could take, and as they have a pretty much guaranteed customer base, they have no incentive to correct or behave any better. While it may not be their core business, data security should have been a core competency and they don't even have a CISO with an IT education or any real measure of IT competency much less DataSec."}
{"_id": "51533", "title": "", "text": "No, it is not a taxable event. You will not have to pay tax on the $500 in this scenario. See the IRS publication 590-A: To recharacterize a contribution, you generally must have the contribution transferred from the first IRA (the one to which it was made) to the second IRA in a trustee-to-trustee transfer. If the transfer is made by the due date (including extensions) for your tax return for the tax year during which the contribution was made, you can elect to treat the contribution as having been originally made to the second IRA instead of to the first IRA. If you recharacterize your contribution, you must do all three of the following. Include in the transfer any net income allocable to the contribution. If there was a loss, the net income you must transfer may be a negative amount. Report the recharacterization on your tax return for the year during which the contribution was made. Treat the contribution as having been made to the second IRA on the date that it was actually made to the first IRA."}
{"_id": "51562", "title": "", "text": "Ummm I bet we didn't 'work less'. Everyday was a fight for survival.  With no way to preserve food we either had to hunt gather daily and follow the food sources.  While at the same time finding/building shelter, clothing and taking care of the family.  A successful hunt would obviously be celebrated but a failed hunt could be disastrous."}
{"_id": "51568", "title": "", "text": "Hi, Few basic things: Identify needs and process paths e.g.,  - customer queries  - payments, returns , complains  - orders Identify and setup routes : email, phone, chat, etc. Setup escalation paths , e.g. phone triage -&gt; sales department -&gt;sales manager Set SLA(service level agreement) and other measurement KPIs, also set up roles responsible for achieving them. Train your stuff and keep them on constant learning path. Use automation software, there is a number of ready or easily configurable products available (don't want to recommend any of them publicly). You can easily integrate and set up systems like email-to-case, web-to-case, chat, etc."}
{"_id": "51572", "title": "", "text": "&gt;According to something I read geography doesn't matter. Basically you could be the King of South Dakota with a $75k family income, that's property on a lake, a boat, horses, and all kinds of cool stuff. In a nice city $75k wouldn't get you as much stuff, but you'd have more people around you and more amenities. (Looking, but I can't find the source at the moment)  That's a preferences difference.  Some people like nature and would take South Dakota.  Some of us like cities, and would take Cambridge, MA."}
{"_id": "51575", "title": "", "text": "Well for an actuary position 1-2 exams for an internship is fairly standard. As for CFA level 1 a bunch of people at my old firm told me that's what got them through the first door. But agreed that networking trumps all."}
{"_id": "51583", "title": "", "text": "\"Having worked in the financial industry, I can say 9:10 times a card is blocked, it is not actually the financial industry, but a credit/credit card monitoring service like \"\"Falcon\"\" for VISA. If you have not added travel notes or similar, they will decline large, our of country purchases as a way to protect you, from what is most likely fraud. Imagine if you were living in Sweden and making regular steady purchases, then all of a sudden, without warning your card was used in Spain. This would look suspicious on paper, even it was obvious to you.  This is less to do with your financial institution, and more to do with increased fraud prevention. Call your bank. They will help you.\""}
{"_id": "51585", "title": "", "text": "I agree with buying gold, as this is truly the worldwide currency and will only increase in value if the Euro fails. The only issue will be if your country confiscates all citizen's gold ( it has happened many times throughout history.  As for ETFs, be careful because unless you purchase these in terms of other currencies (I am assuming you aren't), than the ETF you own is still in terms of Euros, making the whole investment worthless if you are trying to avoid Euro currency risk."}
{"_id": "51588", "title": "", "text": "&gt;They could if they paid $35 and hour.   I bet with $15/h they'd get enough applicants since minimum wage jobs at much lower seem to be snatched up.  But the fact it's not just the money, immigrants will work longer hours, faster, and can be coerced much more easily and with less complaint."}
{"_id": "51593", "title": "", "text": "\"I agree with @Pete that you may be well-advised to pay off your loans first and go from there.  Even though you may not be \"\"required\"\" to make payments on your own loan based on your income, that debt will play a large factor in your borrowing ability until it is gone, which hinders your ability to move toward home ownership.   If you are in a fortunate enough position to totally pay off both your loan and hers from cash on hand then you should.  It would still leave you with more than $112,000 and no debt, which is a big priority and advantage for a young couple. Mind you, this doesn't keep you from starting an investment plan with some portion of the remaining funds (the advice to keep six months' income in the bank is very wise) through perhaps a mutual fund if you don't want to directly manage the investments yourself.  The advantage of mutual funds is the ability to choose the level of risk you're willing to take and let professionals manage how to achieve your goals for you.  You can always make adjustments to your funds as your circumstances change. Again, I'd emphasize ridding yourself of the student loan debt as the first move, then looking at how to invest the remainder.\""}
{"_id": "51602", "title": "", "text": "\"Dividends can also be automatically reinvested in your stock holding through a DRIP plan (see the wikipedia link for further details, wiki_DRIP). Rather than receiving the dividend money, you \"\"buy\"\" additional stock shares your with dividend money. The value in the DRIP strategy is twofold. 1) your number of shares increases without paying transaction fees, 2) you increase the value of your holding by increasing number of shares. In the end, the RIO can be quite substantial due to the law of compounding interest (though here in the form of dividends). Talk with your broker (brokerage service provider) to enroll your dividend receiving stocks in a DRIP.\""}
{"_id": "51608", "title": "", "text": "So, what is the argument to be bullish on Roku? I absolutely love the interface, so much so that all 4 of the TVs in my house are on a Roku device - or are Roku TV's.  The simplicity and speed destroy most smart TV set-ups, especially Samsung.  I understand that they can be easily copied by the big guys with deep pockets, but is there a scenario where Roku emerges as the primary interface for streaming on TV's?"}
{"_id": "51615", "title": "", "text": "The Financial Services Compensation Scheme says: Investments   FSCS provides protection if an authorised investment firm is unable to pay claims against it. For example: for loss arising from bad investment advice, poor investment management or misrepresentation; when an authorised investment firm goes out of business and cannot return investments or money. Investments covered include: stocks and shares; unit trusts; futures and options; personal pension plans and long-term investments such as mortgage endowments. An index-tracking fund provided by an authorised investment firm would seem to qualify in the cases where: The critical points here then are: I can't find anything easily to hand about FSCS on Blackrock's website, so I would imagine that you'd need to consult the documentation on your investment product to be sure."}
{"_id": "51621", "title": "", "text": "I know nothing about this, but found this link which suggests for H&R Block specifically: I kept searching and I found the section. It's at the end in the Credits section under 'other backup withholding'. Hopefully this helps someone else in the future."}
{"_id": "51640", "title": "", "text": "\"If this is an issue of opportunity cost then there is a benefit. Mortgage interest rates are extremely low, low enough that they can effectively be used to indirectly fund investments. If one stores equity in a house, ie \"\"pays it off\"\", then that wealth returns only the rate of growth of the house less expenditures. If one borrows against the house to fund investments, then the above stated returns which on average exceed the mortgage interest rate can be augmented by the investments, yielding a greater return. The tax benefit is more of a cherry on top. If one is using this as a justification to spend then it is frivolity.\""}
{"_id": "51645", "title": "", "text": "Politicians report campaign contributions, people keep track of PACs, and the lobby groups regularly post policy recommendations on their sites.  So there are cases where that recommendation went into law.  http://www.npr.org/sections/itsallpolitics/2013/11/11/243973620/when-lobbyists-literally-write-the-bill  Here are a lot of model bills from ALEC: http://www.alecexposed.org/wiki/Bills_Affecting_our_Water,_Air,_%26_Land  And I don't know if any of them made it into actual law.  But feel free to use sarcasm, that'll surely help your ignorance."}
{"_id": "51674", "title": "", "text": "\"&gt;&gt; ...but we need to start getting over number three. &gt; &gt;I strongly disagree. It shows Republicans will undermine the spirit of the system and the will of the people to serve their own ends. When a group shows they will exploit anything they can to take advantage of you, you do not work with them. &gt;  Mitch McConnell was *in the Senate* for the Bork nomination. The year before Antonio Scalia had been confirmed 98-0, as had ever been the case... from McConnell's POV, that's where the amorphous \"\"spirit of the system\"\" was broken. And low and behold, when he came to power, he didn't work with them. Your sentiment is almost literally exactly what got us in this shithole. If turnabout is fair play, this *never ends*.  &gt;&gt; Besides that, it's completely extraneous to the topic at hand... &gt; &gt;It is not.    The topic at hand is healthcare, not \"\"things liberals are (righteously) pissed about\"\".    &gt; &gt;Question for you: how many times do you think Democrats should reach across the aisle only to be either rebuffed, insulted, misrepresented in the media, or taken advantage of before you would support a hard line like mine above?   As many times as it takes to find someone on the other side to work with to actually accomplish anything. If this big repeal bill fails, that's a start. \"\"The republicans\"\" will do a lot of whining and shit throwing, but the reality is it will have happened because a handful of Republicans prioritized actually helping the people in their states over party rhetoric and desparation for a \"\"win\"\".   McConnel's \"\"shoring up\"\" talk could lead to a half-decent outcome... at the very least it'd be a change in the optics. No GOP senator who failed to Repeal is going to want to talk about health care at all come re-election time, so they have a bit of political cover to quietly give ground in terms of the structure of the shoring up.  Or maybe not. But we have to allow for the possibility. The tea party was born out of people on the right taking a Hard Line, and the actual work of government has suffered immeasurably for it. Deeper trenches just lead to a longer war.\""}
{"_id": "51715", "title": "", "text": "\"Theory of Levered Investing Borrowing in order to increase investment exposure is a time-honored and legitimate activity.  It's the optimal way to increase your exposure, according to finance theory (which assumes you get a good interest rate...more on this later).  In your case it may or may not be a good idea.  Based on the information in your post, I believe that in your case it is not a good idea.  Consider the following concerns. Risk In finance, reward comes with risk and in no other way.  Investing borrowed money means there is a good (not small) chance that you will lose enough money that you will need to pull significant wealth from your own savings in order to make up the difference.  If you are in a position to do this and OK with that possibility, then proceed to to the next concern.  If losing a lot of money means financial calamity for you, then this is a bad idea.  You haven't described your financial situation so I don't know in which camp you fall.  If the idea of losing, say, $100K means complete financial failure for you, then the strategy you have described simply has too much risk. Make no mistake, just because the market makes money on average does not mean it will make money, or as much money as you expect, over your horizon.  It may lose money, perhaps a lot of money. Make sure this idea is very clear in your mind before taking action. Rewards Your post implies that you think you can reliably get 10%-12% on an investment. This is not the case.  There are many years in which a reasonable portfolio makes this much or more, but on average you will earn less. No ones knows the true long-term market risk premium, but it is definitely less than 10%.  A better guess would be 6.5% plus whatever the risk-free rate is (currently about 0%).  Buying \"\"riskier\"\" investments means deviating from the optimal portfolio, meaning you took on more risk than is justified by how much extra money you expect to make.  I never encourage people to invest based on optimistic or unrealistic goals.  If anything, you should be conservative about how you expect things to go.  And remember, these are averages. Any portfolio that earns 10%-12% also has a very good chance of losing 25% or more.  People who sell or give advice on investments frequently get you charged up by pointing at times and investments that have done very well.  Unfortunately, we never know whether the investments and time period in which we are investing will be a good one, a bad one, or an unexciting one.  The reality of investing is...well, more realistic than what you have described. Costs I can't imagine how you could borrow that much money and only have an annual payment of $2000 as you imply--that must be a mistake.  No individual borrows at a rate significantly below 1%.  It sounds like it's not a collateralized loan of any kind, so unless you are some kind of prime-loan customer, your interest rate will be significant.  Subtract whatever rate you actually pay from 6.5% to get a rough idea of how much you will make if things go as well as they do on average.  You will pay the interest whether times are good or bad. If your rate is typical of noncollateralized personal loans, there's a good chance you will lose money on average using the strategy you have described.  If you are OK with taking risk with a negative expected return, consider a trip to Las Vegas.  It's more exciting. Ethics I'm not one to make people feel guilty for doing things that are legal but of questionable morality.  If that's the case and you are OK with it, more power to you. I'm not sure under what pretense you expect to obtain the money, but it sounds like you might be crossing legal lines and committing actual crimes (like fraud).  Make sure to check on whether what you intend is a white lie or something that can get you thrown in prison. For example, if you are proposing obtaining a subsidized education loan and using it for speculation, I could easily see you spending serious time in prison and permanently ruining your life, even if your plan works out.  A judge and 12 of your peers are not going to think welfare fraud is a harmless twist of the truth. Summary I've said a lot of negative things here.  This is because I have to guess about your financial situation and it sounds like you may have unrealistic expectations of the safety and generosity of investing.  Quite frankly, people for whom borrowing $250K is no big deal don't normally come and ask about it on StackExchange and they definitely don't tend to lie in order to get loans.  Also $18K a year doesn't change their quality of life. However, I don't know.  If $250K is small relative to your wealth and you need a good way to increase your exposure to the market risk premium, then borrowing and investing may well be a good idea.\""}
{"_id": "51719", "title": "", "text": "I still remember during the dot-com boom when everyone was talking about how the traditional business metrics didn't work anymore. Turns out that a lot of people got severely burned finding out that they, in fact, did still work just fine."}
{"_id": "51721", "title": "", "text": "I  found that  an application already exists which does virtually everything I want to do with a reasonable interface.  Its called My Personal Index.  It has allowed me  to look at my asset allocation all in one place. I'll have to enter: The features which solve my problems above include:  Note - This is related to an earlier post I made regarding dollar cost averaging and determining rate of returns.   (I finally got off my duff and did something about it)"}
{"_id": "51725", "title": "", "text": "Don't worry about it. One of the big banks who like to whine a lot about defaulting borrowers is sending credit cards to a former resident of my home. The guy died in the late 90s."}
{"_id": "51728", "title": "", "text": "What do I need to know if I'm unemployed and need to take out a home loan to finance a litigious divorce?  Which companies are best to shop around at?  How do I present my self and situation?  What harms or hurts my chances of getting a home loan?  Is this the same hung as refinancing a house?  Is there a website or article you can recommend about this?"}
{"_id": "51729", "title": "", "text": "\"It seems like if that were true, then if everyone were in one group, you'd get the biggest discount of all.  My preference has been for single payer, but recently I saw a guy suggesting single-group, multi-payer, or SGMP. This was just a comment from a physician in a medical journal, and I don't have the link and haven't been able to find out anything more about it, but it seems intriguing. It had something to do with insurance companies bidding to provide coverage services.  edit: [Here it is](http://www.nejm.org/doi/full/10.1056/NEJMp1211514#t=comments):  &gt; JOEL SPALTER, MD | Physician - Infectious Diseases | Disclosure: None  &gt; FAYETTEVILLE AR  &gt; October 02, 2012  &gt; Single Group Multi-Payer  &gt; True reform resulting in universal health insurance and access to care is achieved by state mandates for insurance with replacement of individual or group underwriting with underwriting by \"\"Dutch auction\"\" for a percentage of the single group consisting of all of the residents of a State \u2013 Single Group \u2013 Multi-Payer (SGMP). Each successful insurance company would be responsible for payment of the percentage of the total costs for medical services equal to the percentage of the population insured. This preserves the integrity of the bidding process.    &gt; States are free to establish the public contribution to premiums. SGMP prevents exclusion of insurance for pre-existing conditions or due to genetic background, absent individual underwriting; guarantees maintenance of health care insurance independent of place, or even existence of employment; assures equality of access to providers due to a single established remuneration scale; and assures patients' choice of providers free from any empanelling by insurance companies. Market forces will govern providers' attempts to gain and hold market share.   &gt; A single group eases statistical comparison, with EMR, of 50, State patterns of care.\""}
{"_id": "51738", "title": "", "text": "You will need a lot of cash because all the gold that you will buy will be capitalized later. You must invest but you must use your head when you do it. It is one of the most profitable businesses but when you start it you should be prepared to pay the price."}
{"_id": "51747", "title": "", "text": "\"Sadly, even if I'm a voracious reader and smarter than the smartest person ever, if I spend all my time reading and learning in the public library, the dude with \"\"Bachelor of Arts\"\" next to his name is going to get the job over me.\""}
{"_id": "51755", "title": "", "text": "\"This is not about better understanding risk. FICO\"\"s clients are the credit grantors, especially banks. They want o make more loans that are not classified as subprime. The credit bureaus put together a competing credit score product. Pressure comes from the banks playing one off the other and lo and behold, what would normally get a subprime rating becomes prime. The banks win and everyone can buy a new car.\""}
{"_id": "51761", "title": "", "text": "You are correct that you do not need to file under a certain circumstances primarily related to income, but other items are taken into account such as filing status, whether the amount was earned or unearned income (interest, dividends, etc.) and a few other special situations which probably don't apply to you.  If you go through table 2 on page 3 and 4 of IRS publication 501 (attached), there is a worksheet to fill out that will give you the definitive answer.   As far as the 1099 goes, that is to be filed by the person who paid you.  How you were paid (i.e., cash, check, etc., makes no difference).  You don't have a filing requirement for that form in this case. https://www.irs.gov/pub/irs-pdf/p501.pdf"}
{"_id": "51771", "title": "", "text": "My mother worked for one of the major American car rental companies. She talked about this topic with me and my answer will summarize the talk. Does the fact that they sell the car mean during this time suggest that they know the car's cost of further maintenance or other costs will be higher? Or is there another reason they sell at this time which, has a calculated advantage to them, but which is less than idea statistically for me, the purchaser? There is much more to the price equation. A premium rental car company (one that only rents fairly new, nice cars) has a certain image to maintain to protect their perceived value. A new-ist car also, besides the point of the image of the general company, commands a better rental price. Many Web sites and articles warn against buying former rental cars, because people renting these cars often mistreat them. This is a bad argument you've read. If former rental cars are in bad shape, the price will reflect that. If they are priced the same for the same miles ridden, they have equivalent wear and tear. In other words, the relative price of the car determines whether rental cars are more heavily worn not random people's opinions on the internet. People on the internet are mostly wrong. Irony intended. From the single company I have as reference, I also don't see that as relevant. There are company and governmental regulations to keep maintenance up. I clean my car once a year. Change the oil twice. Replace my wipers every eighteen months. And so forth. The maintenance cycles required for rental cars may (and this is just speculation) negate the gradual extra degradation that drivers may have on rental cars."}
{"_id": "51777", "title": "", "text": "The UK has historically aggressive financial law, inherited from Dutch friendship, influence, and acquisitions by conquest. The law is so open that nearly anyone can invest through the UK without much difficulty, and citizens have nearly no restrictions on where to invest. A UK citizen can either open an account in the US with paperwork hassles or at home with access to all world markets and less paperwork.  Here is the UK version of my broker, Interactive Brokers.  Their costs are the lowest, but you will be charged a minimum fee if you do not trade enough, and their minimum opening balance can be prohibitively high for some. If you do buy US products, be sure to file your W-8BEN."}
{"_id": "51780", "title": "", "text": "To be fair early in my career I did request significant raises as the job duties expanded.  I provided justification and showed that I was worth it, the company agreed.  My company is also in a growth phase so it made sense to them. So you may want to consider a jump or two to maximize your base salary.  However if you are happy somewhere, and they company is happy with you, you may want to just speak to your manager and find out what your options are.  Do some homework on the market for someone in your position and show just cause."}
{"_id": "51798", "title": "", "text": "Up to some degree, a higher or lower interest rate means a bit less or a bit more money in your pocket. If the interest rate gets too high, you may be in trouble. So you first look at the situation and ask yourself: At what interest rate would I be in trouble?  If this is a $20,000 student loan, then even a very high rate wouldn't be trouble. It would be unfortunate and unpleasant, but not fatal. For a $800,000 mortgage, that's different. Each percent more is $8,000 a year. Going from 3% to 10% would change the interest from $24,000 to $80,000 a year, which would be fatal for many people.  In a situation where you can afford increasing variable payments without problems you can go for it. If your variable rate would vary over time between 4% and 6% you would still be even. In that situation, go for variable (taking into account where you think interest rates will go in the future). For a mortgage, the security would likely be more important. (On the other hand, if your dad is a multi-millionaire who would help you out, then that big rate increase wouldn't be fatal, and you could go for a variable rate mortgage).  In some countries, you can cancel any loan contract when the interest rate is raised. So raising a variable mortgage interest rate would allow you to look elsewhere without early repayment penalties. Check out if that is the case for you."}
{"_id": "51800", "title": "", "text": "Pallet Motel offer a complete range of logistics and warehousing services, and can tailor a solution that is perfect for your business that is fraction of the cost of buying your own property or leasing, staff and plant and equipment.    PALLET MOTEL STORAGE AND WAREHOUSING    http://bendigopalletstoragewarehousing.com  25 Hesling Court East Bendigo VIC 3559  03 54406070"}
{"_id": "51803", "title": "", "text": "3G capital is one of the major holding companies of Heinz.  They own (co-own) many major bands, such as Burger King.  They are known for completely gutting the core values these companies were built on.  All the matters to them is cost cutting (often food/product quality, salaries, wages, benefits, company perks, company celebrations, etc).  They promote a zero based budget meaning every organizational expense is tirelessly scrutinized in the search of slimmer costs to increase profit.  They embody all the is wrong with capitalism when it comes to society-at-large.  So how does this guy play into it?  They are also known for promoting their young employees quickly.  It effectively allows them to pay young employees less for more work.  I know first hand, it creates a culture of young people working long hours for low pay with the hopes of being the next rising star.  People like this 29 year old CFO may be compensated well, but likely has most of the compensation held in bonuses for short-term results.  The result is very quick employee burnout and turnover, and zero work-life balance.  All i can say to finish this rant off is that in the short-term, the system 3G is putting into place for the companies they are absorbing is effective for trimming costs and increasing profits for shareholders.  Long-term, the low pay, long hours, and zero family values is and drain on society.  They are a cancer in the business world.  Read some articles about their takeovers of Heinz, Burger King, Tim Hortons.  Their treatment of employees is horrific, again I've seen it first hand.  Head over to /r/Canada and read how Canadians now view the products and values of their once beloved Tim Hortons."}
{"_id": "51848", "title": "", "text": "\"Before anything else, read up on the basics of economics. After that, there a few things you need to ask yourself before you even think about investing in anything: If you have an answer to those questions: Once you answered those questions I could make a simple first suggestion: Confident in handling it yourself and low maintenance with uncertain horizon: look up an online bank that offers ETFs such as IWDA (accumulation (dividend is not payed but reinvested) or income(dividend is payed out)) and maybe a few more specific ones then buy and hold for at least 5 years. Confident and high maintenance with long horizon: maybe stock picking but you'll probably never be able to beat the market unless you invest 10's of hours in research per week. However this will also cost a bit and given your initial amount not advisable to do. Be sure that you also have a VERY close look at the prospectus of an investment (especially if you go with a (retail) bank and they \"\"recommend\"\" you certain actively traded funds). They tend to charge you quite a bit (yearly management fees of 2-3% (which is A LOT if you are eying maybe 7%-8% yearly) aren't unheard of). ETF's such IWDA only have for example a yearly cost of 0.20%. Personally I have one portfolio (of many) only consisting of that ETF (so IWDA) and one global small cap. It's one of the best and most consistant ones to date. In the end, the amount you start with doesn't really matter so much as long as it's enough to buy at least a few shares of what you have in mind. If you can then increase your portfolio over time and keep the expenses in check, compounding interest should do the rest.\""}
{"_id": "51873", "title": "", "text": "I used to work for Ally Auto (formerly known as GMAC) and I'd advise not to pay off the account unless you need to free up some debt in your credit report since until the account is paid off it will show that you owe your financial institution the original loan amount. The reason why I am saying not to pay-off the account is because good/bad payments are sent to the credit bureau 30 days after the due date of the payment, and if you want to increase your credit score then its best to pay it on a monthly basis, the negative side to this is you will pay more interest by doing this.  If ever you decide to leave $1.00 in loan, I am pretty much sure that the financial institution will absorb the remaining balance and consider the account paid off.  What exactly is your goal here? Do you plan to increase your credit score? Do you need to free up some debt?"}
{"_id": "51875", "title": "", "text": "Perhaps a technicality, but minors do not have the legal capacity to bind a contract. Making a purchase from a store is a contract. I'm not a lawyer and there may be case law to the contrary or that creates exceptions, but my understanding is that purchases made by a minor may be void if later challenged. JohnFx's answer is true from a practical sense. But if you get turned away at a store, understand that they're probably just being careful to avoid headaches later."}
{"_id": "51884", "title": "", "text": "\"You've been taking the RMDs. Each year the RMD is calculated by taking the prior 12/31 balance and dividing by the divisor, calculated when you inherited, and dropping by 1 each year. Some great trades and your account balance goes up. That's great, but of course it sends the next RMD higher.  I'd understand how marginal rates work and use the withdrawal to \"\"top off\"\" your current bracket. This will help slow the growth and runaway RMD increases.\""}
{"_id": "51898", "title": "", "text": "Boiler Room anyone?  Cold calls all day long until you get someone (usually older people) on the phone and try to have them give you money to invest so you'll stop selling them.  Ideally it COULD make money from the commission structure but usually people burn out fast.  There are going to probably be better 'pure sales jobs' which pay more and are more legit then this.  2 cents"}
{"_id": "51899", "title": "", "text": "Apex repairing service is largest washing machine repair service center in mumbai.  Is your washing machine stuck and you don't have any clue why it is not working, you reached to the right place!  Apex repairing services have experienced washing machine repair engineers who are fully skilled on multiple brands like IFB, LG, Samsung, Whirlpool and all other brands. Our washer repairing service cost is highly competitive and our domestic repairing service is quick and professional. If you are looking for a solution to any faulty household appliance, Apex repairing service are here to help. We undertake washing machine repair for households across Mumbai and the surrounding area, and are proud to be saving the day for so many customers."}
{"_id": "51914", "title": "", "text": "\"Yes please!  Or maybe 6 months on, 6 months off.  I'd be happy doing that until age 70, whereas right now working 12 months a year with only a little vacation here and there ... I just can't wait to be able to retire, keep doing the math every week or two - \"\"can I live on X for Y years\"\".  I have tons of friends that age as well that are all really disenfranchised by work and dying to retire.  This would make life SO much more worthwhile.  Problem with retirement being 65+ is that by then you're no where near as able to enjoy the world (imho and just stating the facts, not a diss, and heck this starts happening when you hit 45...).\""}
{"_id": "51919", "title": "", "text": "\"FTA: \"\"Verizon would give up its television and Internet landline business known as FiOS, which has been a cable alternative for 14 million U.S. homes.\"\"  Somebody explain to me !!! WTF does it mean? Are they going to give FiOS over to Comcast?\""}
{"_id": "51936", "title": "", "text": "I found a way to do this, but it's slightly backwards. Quicken does not allow you to make a graph of just your income, probably because that would be a fairly boring graph for most people.  But it does allow you to do a graph of your expenses.  Doing so, while including income categories, will produce the graph I want, but with negative numbers (savings is negative spending). This will show a bar graph of overall spending, counting income as Negative Spending.  So, having negative bars is good in this case."}
{"_id": "51947", "title": "", "text": "Dexmet has been providing expanded metal foils for primary and secondary battery applications for over 30 years. With advancement in the design of our expanding equipment, we offer materials down to 25 micron (.001\u201d) in both aluminum and copper at widths up to 305mm (12\u201d). For more information email us at sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website www.dexmet.com."}
{"_id": "51959", "title": "", "text": "\"I would not call this a \"\"good\"\" idea. But I wouldn't necessarily call it a bad idea either. Before you even consider it, you need to do a little bit of soul searching. If there is ANY chance that having multiple credit cards could entice you to spend more than you otherwise would, then this is definitely a bad idea. Avoiding temptation is the key to preventing regrettable actions (in all aspects of life). Psychoanalysis aside, let's take a mathematical approach to the question. I believe your conclusion is correct if you add some qualifiers to it: A few years from now, then your credit score will probably be higher than if you just had 1   credit card. Here are some other things to consider: And, saving the best for last: As for the hard inquiries, they should only have an effect on your credit score for 1 year (though they can be seen on your report for 2 years). Final thought: if you decide to do this (and I personally don't recommend it), I would keep the number of applications smaller (3-5 instead of 10-15). I also would only choose cards that have no annual fee. Try to choose 1 card that has 1-2% cash back and make that your regular card.\""}
{"_id": "52004", "title": "", "text": "What You Need To Know Before Having A Dental Implant Dentis are the best and most innovative treatment dentistry has to offer. If you are missing one tooth or several teeth and want replacements that look, function and feel like natural teeth Dental Implants are your answer."}
{"_id": "52028", "title": "", "text": "All Product Export Data helps the business to take the data from one place and not go to everywhere to collect the data. With the information being available online it has been very easy for the people to gain easy access to it and to utilize it for executing their new plan and ideas for establishing great roots in the market."}
{"_id": "52046", "title": "", "text": "Walmart does all kinds of illegal shit.  Extortion, bribery, price fixing, wage theft, sexual discrimination, and I have heard first hand accounts of Walmart ruining farmers that get into contracts with the the company.    The sad part is.....I still shop there."}
{"_id": "52047", "title": "", "text": "Avoiding a cost (interest) isn't quite the same as income. There is no entry, nothing for you to consider for this avoided interest.  What you do have is an expense that's no longer there, and you can decide to use that money elsewhere each month."}
{"_id": "52052", "title": "", "text": "Tansen Sangeet Mahavidyalaya is the only institute in the country offering regular diploma programs in all vocal,dance and instrument playing streams. An aspiring performing arts student can earn a diploma/bachlelors/masters/doctoral degree at Tansen Sangeet Mahavidyalaya as the school offers basic and advanced level coures like diploma/degree programs in music and other performing arts."}
{"_id": "52065", "title": "", "text": "See Paying for Care | Caregiver Center | Alzheimer's Association. Notable excerpts: For most individuals 65 or older, Medicare is the primary source of   health care coverage. However, private insurance, a group employee   plan or retiree health coverage also may be in effect.   [...]   In addition to Medicare, the person with dementia may qualify for a   number of public programs. These programs provide income support or   long-term care services to people who are eligible. This includes   Social Social Security Disability Income (SSDI) for workers younger   than 65, Supplemental Security Income (SSI), Medicaid, veteran benefits,   and tax deductions and credits.   [...]   Many community organizations provide low-cost or even free services,   including respite care, support groups, transportation and   home-delivered meals. You also may consider informal care arrangements   using family, friends, neighbors, faith communities and volunteer   groups."}
{"_id": "52080", "title": "", "text": "\"This may be more of a comment than an answer, but it's too long for a comment. Perhaps the Stackexchange Gods will forgive my impudence. That said: Even with the tax penalties, it can be to your advantage to put money into a \"\"retirement\"\" account and withdraw it before retirement. The trick is: Is the amount of the tax penalty more than the benefit of untaxed compound growth? For example, just to make up some numbers: Suppose you have $1000 of gross income to invest. You are considering whether to invest in an ordinary, non-tax favored account, or a classic IRA. Either way you will get 10% returns. Your tax rate, both when you put the money in and when you take it out, is 15%. There is a 10% tax penalty for early withdrawal. With an ordinary account you will pay 15% tax off the top, so you are only investing $850. Then each year 15% of your returns are paid in taxes, so your net return is 8.5%. But when you withdraw the money there are no additional taxes. With an IRA you do not pay any taxes up front, so you can invest the entire $1000. You collect 10% each year with no taxes. When you withdraw, you pay 15% plus the 10% penalty equals 25%. So after 5 years, the ordinary account would yield $850 x 1.085^5 = $1504. The IRA would yield $1000 x 1.1^5 x 0.75 = $1208. The tax penalty hurts. You are better to use the ordinary account. But if you could leave your money in for 25 years, then the ordinary account would yield $850 x 1.085^25 = $7687. The IRA would yield $1000 x 1.1^25 x 0.75 = $8126. The IRA, even with the tax penalty, is better. Of course my numbers are just made up. What your tax bracket is, what returns you get, and how long you think you might leave the money in the investment, all vary.\""}
{"_id": "52098", "title": "", "text": "If you do go the online route (there's TONS of information out there on how to launch an e-store) make sure you're aware of the caveats. Amazon sellers for example can be shafted pretty hard on returns, as policy generally dictates that you eat the costs. If you don't have a lot of capital this could be back-breaking.   Don't let that discourage you, though! You could make a decent business essentially just setting up an online storefront and drop shipping items from elsewhere, which could fund the capital needed to open a brick and mortar shop.  To answer your question directly, what everyone else has said is definitely important and correct but don't ignore the smaller things like the fact that you could have a page that presents the items better and makes things look more appealing/luxurious, and the fact that not everyone punches every item they're considering buying into Google to compare. Decent marketing can go a long way (depending on what you're selling, at least)"}
{"_id": "52121", "title": "", "text": "Another benefit of holding shares longer was just pointed out in another question: donating appreciated shares to a nonprofit may avoid the capital gains tax on those shares, which is a bigger savings the more those shares have gone up since purchase."}
{"_id": "52125", "title": "", "text": "Most of the new cell phones make use of the technology known as \u201cCallerid\u201d, but the question is, is it useful for the normal people? Yes, indeed it\u2019s very much useful. With the availability of callerid site, there is no need to get nervous when someone calls you from unknown number."}
{"_id": "52128", "title": "", "text": "\"Scammers know you're not stupid enough to fall for this.  So when you balk, he'll understand and offer to send you a check.  When he sends you a check, he'll say cash it, keep $XXX for yourself, then forward him the rest for some other expense (or even possibly send it to someone else).  Know in advance that that's a scam, too.  When his fake check bounces you'll already be out the money and he'll be long gone. \"\"If it's too good to be true, it probably is\"\"\""}
{"_id": "52136", "title": "", "text": "You can play with the numbers all you like (and that's good), however, here is a different way to look at it.  The debt you have is risk. It limits your choices and eats your cash flow. Without the debt, you can invest at a much greater rate. It frees up you cash flow for all the things you might want to do, or decide in the future you might want to do. Right now is the easiest time for you to focus on debt repayment. It sounds like you are not married and have no children. It is much easier now to cut back your lifestyle and concentrate on paying off this $50k of student debt. This will get harder as your responsibility increases. Build up a small amount of cash for emergencies and put the rest at the debt. You can keep contributing to your 401k to the match if you want. This will give you 2 benefits: Patience. When you actually DO start investing, you will have a new appreciation for the money you are using. If you sacrifice to pay off $50k now, you wont look at money the same for the rest of your life.  Drive. If you see the debt as a barrier to achieving your goals, you will work harder to get out of debt.  These are all things I would tell my 23 year-old self if i could go back in time.  Good luck!"}
{"_id": "52149", "title": "", "text": "Inflows to the US equity market can come from a variety of sources; for instance: You were paid a year-end bonus and decided to invest it in US equities instead of foreign equities, bonds, savings or debt reduction. You sold foreign equities, bonds, or other non-US equities and decided to invest in US equities. You decided a better use of cash in a savings account, CD or money market fund, was to invest in US equities. If for every buyer, there's a seller, doesn't that also mean that   there were $25B in outflows in the same time period? Not necessarily. Generally, the mentions we see of inflows and outflows are net; that is, the gross investment in US equities, minus gross sales of US equities equals net inflows or outflows. The mere fact that I sold my position in, say, Caterpillar, doesn't mean that I had to re-invest in US equities. I may have bought a bond or a CD or a house. Because of fluctuations in existing stocks market value, bankruptcies and new issues, US equities never are and never will be a zero-sum game."}
{"_id": "52185", "title": "", "text": "There are two sources for shares that employees buy through ESOPs. A company can simply buy the shares on the open market. The company must pay for the stock, but the employee then pays the company for the shares. If employees get a discount on the ESOP shares, the company would pay for that percentage directly. The company can choose to issue new shares. These new shares dilute the ownership of all the other current stockholders. While #2 is common when companies issue stock options, I'd be surprised to see it with an ESOP. In most cases, employees are limited in the amount of their salary they can devote towards the ESOP. If that limit is 10% and the discount that the employees get is 10%, the cost on a per-employee basis would only be 1% of that employees salary, which is a small expense."}
{"_id": "52190", "title": "", "text": "How's your savings and emergency fund? Everyone should have an emergency fund that will last them 6 months, and the goal should be two years' worth.  This should be in an easily accessible account, such as a savings or money market account at your bank (you could consider CDs, but unless you're laddering them there will be penalties to get at the money). Once you've got 6 months' worth saved, the next thing to focus on is a tax advantaged retirement account.  Only when you've maxed out your contributions (and the tax benefits) should you consider other investments.  After all, those tax benefits are free money from Uncle Sam :)"}
{"_id": "52195", "title": "", "text": "\"Don't confuse \"\"caring\"\" with \"\"creating visibility.\"\" I bother to respond not because I care what Troll A or Troll B thinks, but because I want to ensure *my* message gets in front of the silent lurkers who read the comments.  Of course, sometimes I just repeat a person's words back to them\u2026 for fun, to highlight how inane they are. Like all that \"\"bitter\"\" crap and \"\"where did you go to marketing school?\"\"   Which gets me labeled a bitch. That's fine by me. Gets my stuff in front of more eyeballs, more people I can reach.   Also\u2026 this has been extremely boring to me. I haven't been on reddit in a long time, but I remember it being\u2026 wittier. I spend most of my \"\"internet news aggregator time\"\" on HN, where the level of ad hominem attack is usually much higher. I'm home sick, and bored, and glad to get another 4,000 page views -- total of now about 16,000! woot! -- but I do wish the level of discourse were higher so it would be some kind of *challenge*.\""}
{"_id": "52215", "title": "", "text": "It's good to see I'm not alone in this. I'm not a lazy person, I'm willing to bust my ass to earn a living but no employer seems to want to pay a fair wage. I was working a 9-5 unloading trucks in a warehouse which was practically constant work with a 15 minute break for 8.95 an hour. Switched to a 10pm-6am job unloading for Kohls for 9.50, supervisor couldn't understand why she was losing workers so fast. Decided Id rather be broke then put my body through that and not even make rent"}
{"_id": "52219", "title": "", "text": "But if it's possible, an example of it should exist, and it doesn't.  That Roman Democracy example?  The rich got so very rich at the end of the Roman republic that they could raise their own armies, and they did.  The strongest great-nephew was left standing.  It was a problem of too-great wealth accumulation; something that's happening now, and would happen without pause in the sort of society you envision.  Strongman.   The problem of monopoly exists in your libertarian paradise as well, but the definition of the society does not allow a solution.  We have trust busters; at least we have in the past and so can envision having them in the future.  Those violent deaths in what you call anarcho-societies were a feature, not a bug.  How would your envisioned society settle differences?"}
{"_id": "52221", "title": "", "text": "The simple answer: The opening price is the price of the first trade of the day and the closing price is the price of the last trade of the day.  And since the stock price change from trade to trade they are usually different."}
{"_id": "52226", "title": "", "text": "The market doesn't know or care why you bought.  What you are asking is effectively 'this share went down in price after I bought. Is there anything I can do?'. Consider what you are asking for - if there were anything you could do, then no one would ever make a loss. How do you suppose that would work?"}
{"_id": "52229", "title": "", "text": "\"Go to college: Unemployement for a year, $30k debt, \"\"unpaid internship\"\" for a year after, $50k base after 3 years experience in a junior position, some benefits.  Become a cop: Union protection, $59k base with upwards $200k income, government benefits and healthcare, paid equipment and expenses, \"\"external\"\" privileges dealing with law enforcement.\""}
{"_id": "52250", "title": "", "text": "It sounds like your current loan is in your name. As such, you are responsible for paying it. Not your family, you. It also sounds like the loan payments are regularly late. That'll likely drastically affect your credit rating. Given what you've said, it doesn't surprise me that you were declined for a credit card. With the information on your credit report, you are a poor risk. Assuming your family is unable to pay loan on time (and assuming you aren't willing to do so), you desperately need to get your name off the loan. This may mean selling the property and closing out the loan. This won't be enough to fix your credit, though. All that will do is stop making your credit worse. It'll take a few years (five years in Canada, not sure how many years in India) until this loan stops showing up on your credit report. That's why it is important to do this immediately. Now, can a bank give you a loan or a credit card despite bad credit? Yes, absolutely. It all depends on how bad your credit is. If the bank is willing to do so, they'll most likely charge a higher interest rate. But the bank may well decide not to give you a loan. After all, your credit report shows you don't make your loan payments on time. You may also want to request your own copy of your credit report. You may have to pay for this, especially if you want to see your score. This could be valuable information if you are looking to fix your finances, and may be worth the cost. If you are sure it's just this one loan, it may not be necessary. Good luck! Edit: In India CIBIL is the authority that maintains records. Getting to know you exact score will help. CIBIL offers it via TransUnion. The non-payment will keep appearing on your record for 3 years. As you don't have any loans, get a credit card from a Bank where you have Fixed Deposits / PPF Account as it would be easier to get one. It can then help you build the credit."}
{"_id": "52252", "title": "", "text": "\"All of these frameworks, Markowitz, Mean/CVaR, CARA, etc  sit inside a more general framework which is that \"\"returns are good\"\" and \"\"risk/lack of certainty in the returns is bad\"\", and there's a tradeoff between the two encoded as some kind of risk aversion number.  You can measure \"\"lack of certainty in returns\"\" by vol, CVaR, weighted sum of higher moments, but even sector/region concentration.  Similarly do I want more \"\"returns\"\" or \"\"log returns\"\" or \"\"sqrt returns\"\" in the context of this tradeoff?  You don't need any formal notion of utility at that point - and I don't know what formal ideas of utility beyond \"\"I want more returns and less risk\"\" really buys you. The Sharpe ratio only really gets its meaning because you've got some formal asset-pricing notion of utility.   In my view the moment that you're putting constraints on the portfolio (e.g. long only, max weights, don't deviate too much from the benchmark ...) - really you're operating in this more general framework anyway and you're not in \"\"utility-land\"\" anymore.\""}
{"_id": "52256", "title": "", "text": "CDR Group uses a Career Analysis Profile Questionnaire in order to determine the strengths of the job seeker and figure out how best to market those positive attributes. The questionnaire can be completed manually and mailed in, or electronically over the Internet."}
{"_id": "52269", "title": "", "text": "There are business that exist by harvesting leads and selling them to other companies.  These leads can be access to resumes they sell to business looking for employees; they can be eyeballs that view their adds; they can be list of people that meet a specific credit profile. All are legitimate business and many are growing businesses. But in all these cases they are upfront with the things they are doing. They all have escape mechanisms for you to either stop them from selling your info to other customers, or to restrict the ability of those customers to contact you. There are also companies that are less honest with their collecting and selling of information. They are not honest about what they are collecting, and they have no care about how others use it. There are also cases where when a company buys another company, and  one main item in the transaction is the current and potential list of customers. Business with a legitimate product to sell, protect that customer list, that is the keys to the kingdom. They are the likely people who will buy the next version; they are also the ones that their competitors would love to target to convert them to another product.  In some businesses, the company that develops the platform will sell to developers of add ons access to the marketplace. They may charge a flat fee for access, or charge a percentage of sales, or both.  What you can do, and how you are allowed to do it, and what mechanisms are in place to protect people, are dependent on the country you operate in."}
{"_id": "52274", "title": "", "text": "Perhaps someone has an investment objective different than following the market. If one is investing in stocks with an intent on getting dividend income then there may be other options that make more sense than owning the whole market. Secondly, there is Slice and Dice where one may try to find a more optimal investment idea by using a combination of indices and so one may choose to invest 25% into each of large-cap value, large-cap growth, small-cap value and small-cap growth with an intent to pick up benefits that have been seen since 1927 looking at Fama and French's work."}
{"_id": "52275", "title": "", "text": "/r/personalfinance might be better.  Not really sure where this falls... this sub is more for just specific financial industry news and topics.   Here's the DOL page.  In all honesty, I'd imagine it'd be considered fair if the law only required him to pay you hourly for the work periods during the day so long as they expensed all your travel expenses.  Seems absurd to give you 24 hours of pay if you're going to go stay overnight somewhere that's already paid for by the employer and work a normal day.  http://www.dol.gov/whd/regs/compliance/whdfs53.htm"}
{"_id": "52283", "title": "", "text": "\"I think the best way to handle her fears is to explain the income and expenses of the household overall, then explain the savings and investment strategies, retirement projections, and then finally explain a concrete number for allowable monthly or annual discretionary expenses (including charity, entertainment, vacations, etc.).  You may have delicate relationship reasons for not doing this, but if you want a reasonable discussion, I would leave it this way. Please do not open with the question \"\"how much do you think we make\"\" or anything similar because that comes off as a trick or a quiz.  It sounds very condescending and highlights how much more you know about finances than she does.  It also highlights subconsciously how little mental control she has over the finances, which is likely to make her feel greater anxiety. You should emphasize how secure things are and explain why all the savings and investments you're using are conservatively likely to keep her financially secure.  This sets the ground for her to be comfortable with the fact that she now has money, in contrast to perhaps a less financially secure personal history. After that, charitable expenses come out of the expense budget, same as vacations, recreation, etc.  If it does not implicate financial security, then it's not dangerous to spend on charity. The alternate approach is to avoid the big financial talk and just propose a few small contributions this year. Then increase it every year incrementally. That may be easier to swallow once there's a psychological track record of donating without incident. Please go into the discussion remembering three things: But above all, please do not open up with a quiz.  Have a simple discussion with her.  Give her time to consider the expenses budget relative to the savings budget as a proportion of income.  And then allow for the fact that she may place a strong premium on savings and a strong discount on charity.\""}
{"_id": "52295", "title": "", "text": "They are evidently going to divide Staples into three separately financed entities: U.S. retail; Canadian retail; and corporate-supply businesses. Smart move by Sycamore Partners. I know Stefan Kaluzny personally and he's a smart guy. Potentially largest LBO this year."}
{"_id": "52299", "title": "", "text": "That's true, though I feel he means it more in terms of hindsight. Yes, low interest rates will cause the stock market, as a whole, to rise. Though it is not actionable by us prior to the rise or fall in rates because we can never know before it happens.  We're then left with only one real way of making money in the market and that's the purchase of undervalued companies with all the aforementioned criteria."}
{"_id": "52312", "title": "", "text": "Stockholm \u00e4r en vacker stad, inte bara n\u00e4r det kommer till arkitekturen inne i staden utan \u00e4ven n\u00e4r det kommer till milj\u00f6n och naturen, b\u00e5de inne i stadsk\u00e4rnan och utanf\u00f6r de urbana gr\u00e4nserna. Detta \u00e4r resultatet av en l\u00e5ng och dedikerad satsning fr\u00e5n s\u00e5v\u00e4l staden som byggfirmorna som utf\u00f6r byggarbeten i regionen. Att bygga milj\u00f6medvetet har l\u00e4nge varit en viktig del av alla byggnationer, speciellt h\u00e4r uppe i Norden.   V\u00e5ra handlingar p\u00e5verkar alltid milj\u00f6n p\u00e5 n\u00e5got s\u00e4tt   Att vi m\u00e4nniskor s\u00e4tter v\u00e5ra sp\u00e5r i v\u00e5r milj\u00f6 och omedelbara omgivning \u00e4r oundvikligt. Det betyder dock inte att vi f\u00f6rstora eller smutsa ned i on\u00f6dan, tv\u00e4rtom. Alla m\u00e5ste ta sitt ansvar n\u00e4r det kommer till milj\u00f6n, b\u00e5de privatpersoner, f\u00f6retag och regeringen. F\u00f6r att kunna utf\u00f6ra byggprojekt p\u00e5 ett milj\u00f6medvetet s\u00e4tt, b\u00e5de n\u00e4r det kommer till byggnadens material samt sj\u00e4lva byggnadss\u00e4ttet, kan byggf\u00f6retaget ta hj\u00e4lp av en milj\u00f6konsult i Stockholm. http://www.exengo.se/"}
{"_id": "52320", "title": "", "text": "Manufacturer of\u00a0Quartz\u00a0Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php#manufacturer-quartz-grit Supplier of Quartz Grit in India, Manufacturer of Quartz Grit in India - Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. Usage of Quartz Grit in tiles, Ferro alloys, Ferro silicon, Ferro chrome, oil drilling, artificial granites, and electrical industries. Other applications of quartz grit are in steel industries, sugar refining, dairy farms, paper industries, chemical industries and water treatment plants."}
{"_id": "52341", "title": "", "text": "they have weighed its impact on healthcare how could they possibly do that from a meaningful methodological point of view? American healthcare was and is the one of the biggest clusterfucks of all time from an organisational point of view.  Essentially, everyone is on the take. The insurance companies want to charge the highest premiums, the hospitals want to perform as many procedures as possible, and the doctors want as big a cut of the take as they can get their hands on. The patient has no choice about how much is spent, and simply wants to survive. And until recently there was no attempt to regulate Fair Use within the system.   Do you really think that have any real practical understanding of the situation, and even if they did, would that make any difference at all to the travesty that is going on in Washington at the moment?"}
{"_id": "52343", "title": "", "text": "No.  The WSJ prime rate is 4.25%, even the Fed prime rate is 1.75%, way above the 1.20% you'll be making from your savings account. If you are high worth individual with great credit history, the bank might give you a personal loan at 4.25%. They won't care what you do with it as long as they get their payments. If you are not that creditworthy, they'll ask for a collateral, you can mortgage your house for example. It ends up being the sames thing, you get your money and do what you want with it. If you can make more than the interest rate the bank gave you, great, you made profit. The bank however won't agree to lend you money at 0.6% (1/2 of the 1.2% APY your savings account will bring). Why would they when they can loan that at prime rate of 4.25%?? The closest you can get to something like this is if you are a hot-shot wall street money manager with track record of making big profits. In that case the bank might put some money in your fund for you to manage, but that's not something a regular person can do."}
{"_id": "52347", "title": "", "text": "If that's what you're into, then yeah.  Having a deep interest in it or whichever discipline you follow is probably the most helpful aspect. I learned that the hard way by spending too much time trying to become a quant (the wall Street definition) and wish someone had told me about things information science, data visuslizatuon, or even something like ecommerce or search optimisation. All of which seem to be in even more demand that being a quant.  I reccomened talking to some people in the field. Maybe your academic advisor could help with that. It's also good for networking."}
{"_id": "52351", "title": "", "text": "\"We considered similar big renovations when putting our house on the market. The answer turns out to be pretty simple; unless you do renovation-type work as your day job, or have really good friends in the residential contracting business, sell as-is. You will virtually never get back the full price of bringing in a gen-con to renovate any space in your home; you do that when you want to spend the extra to make your home exactly what you wanted, so you can live in it for decades and get the enjoyment out of it. If you're trying to turn a profit with the renovation, like house-flippers do professionally, you look for easy repairs/renos, buy good-looking but inexpensive materials, and do the labor yourself. Whether you sell to the market or to a specifically-interested buyer is your call, but I will caution you that a specifically-interested buyer is going to be looking for a deal, or a steal.  When marketing our house, we met with three different realtors. The first one was very overoptimistic about what we could list for (basically assuming that we could get the same price as a fully-upgraded version of our same floor plan with a pool out back). She also had a to-do list a mile long, and my wife and I both noticed that she looked very apprehensive about the house when looking around, even as she reassured us that selling it would be no trouble. We eventually realized why she was so apprehensive, and fired her before we got even halfway through her to-dos, which included major landscaping, new kitchen floors and countertops, etc, which would have cost us thousands and would not have gotten the house price even close to the target. The second one took a look at our half-finished refinish and told us to stop everything we were doing to update the minor stuff like paint and fixtures, saying we were putting lipstick on a pig; she would market the house to some cash buyers she knew personally, for about 80% of the list price our first realtor quoted, and implied that we should be kissing her boots for finding us a buyer willing to take the house off our hands at all. During the tour, she pointed out \"\"problems\"\" with the house that weren't even there, like foundation issues such as sloping floors, in an attempt to scare us into going with her strategy. We sniffed that out pretty quickly, showed her the door at the end of the initial consult and never called back. This, by the way, is the kind of thing you want to avoid; unless your home is really dilapidated or torn apart with unfinished major renos, it should have decent value on the market and you shouldn't have to resort to a cash buyer looking for a flip or a rental property on the cheap. Just like Goldilocks, our third choice was just right. He saw all the same comparables, toured our house, and recommended that we offer about $20k less than the fully-upgraded version (but still about $20k more than the second realtor was estimating), targeting a \"\"real\"\" buyer and not an investor or flipper, but at a price that would make the lack of upgrades more acceptable. We finished the paint and finish projects we started, brought in a weekend's worth of scheduled showings, and our house was under contract for full price within 3 days, giving us the extra $20k worth of down payment to put into our new house. In summary, I highly recommend a realtor, because the one we eventually listed with worked his butt off on the business side while we fixed up the house. However, make sure you find the right one; realtors are ultimately in business for themselves, and their ultimate interest is in getting your house sold and getting you into a new one. That is what gets them paid. Some of them will do it the right way, working the deal with other realtors and their prospective buyers to get you what you need. Others will take the easy way out, at your expense, either giving you bad advice about how to present and price your home so that you end up on the market for 6 months with no offers, or handing your house to their business buddies at a discount.\""}
{"_id": "52357", "title": "", "text": "I cannot give exact details on how to organize this (depend on your country, and beside that i'm no expert on finances either), however, this was recently suggested as a pension alternative: You used 100% of (2) after 20 years, and then the Life Annuity start to pay out. This has two advantages. First, it might be flat out cheaper depending on the products and tax laws. For example you do not pay tax on a saving account (other than property tax), but you pay more tax on a Life Annuity. Second, if you do die before the 20 years are over, you do have a no heirs, but it might still feel better to see your money go to a charity or some other organization you would like to support other than the big pockets of the insurance company when you die early :)"}
{"_id": "52360", "title": "", "text": "it's so much easier to stop payments then have to go asking for your money after a bank has taken it. I have had monthly homeowners payments taken after I sold a property. Took a lot of effort to get my money back. Wish I had taken a few minutes to stop the payments earlier."}
{"_id": "52392", "title": "", "text": "Without giving away any important details needlessly, I was pointing out that there are some fundamental things that we will offer.   After speaking with a user experience strategist, we came to an interesting market research finding, which reported that the majority of service providers are registered to a multiple number of platforms. As well as this we are targeting a niche that will offer us the ability to be dominant, eventually phasing in new sectors/industries."}
{"_id": "52396", "title": "", "text": "&gt; wo just because you are paying someone $20 that doesn't mean they will be as productive as 3 at $12.  That's /u/itssheramie's point.  If you need 3 people worth of work it doesn't matter if 1 good one is better than 1 bad one... it's still not 3."}
{"_id": "52404", "title": "", "text": "Consumers aren't the only economic participants impacted by a change in the Fed rate.... Inflation has WIDE ranging implications from the future liabilities of pension funds to the ongoing cost of our national debt.  It doesn't make sense to consider only consumer inflationary experience.  PCE is considered because it relates to consumption, which includes things paid for by other entities, like employer healthcare spend."}
{"_id": "52412", "title": "", "text": "\"Well, if blodget's scenario comes to pass, it won't be rewarded.  Or at least, *I* won't have to watch it, there being 6.02x10^23 other shows to queue up instead.  I think a large part of the reason reality shows persist is that there are a limited number of channels, so if you aren't watching sports, etc, you have to settle for this garbage sooner or later.  Also, it may be true that they save them money, but I can't imagine that they command the advertiser money that a real, good, popular show does, so they really don't want to shift to them full time.  Thus we have this crap situation: try a show idea, then pull the plug and substitute something else.  \"\"When Gravity Fails\"\" was shaping up (finally) when they pulled it.  Boy, was my wife ever mad!  Personally, I have gone out of my way to avoid anything that sniffed 'realitytv', starting w/ the first season of survivor.  I feel the same way about the plethora of cop/doctor/lawyer/other formula shows too.\""}
{"_id": "52438", "title": "", "text": "\"Highly Compensated Employee Rules Aim to Make 401k's Fair would be the piece that I suspect you are missing here.  I remember hearing of this rule when I worked in the US and can understand why it exists.  A key quote from the article: You wouldn't think the prospect of getting money from an employer   would be nerve-wracking. But those jittery co-workers are highly   compensated employees (HCEs) concerned that they will receive a refund   of excess 401k contributions because their plan failed its   discrimination test. A refund means they will owe more income tax for   the current tax year. Geersk (a pseudonym), who is also an HCE, is in   information services and manages the computers that process his firm's   401k plan. 401(k) - Wikipedia reference on this:  To help ensure that companies extend their 401(k) plans to low-paid   employees, an IRS rule limits the maximum deferral by the company's   \"\"highly compensated\"\" employees, based on the average deferral by the   company's non-highly compensated employees. If the less compensated   employees are allowed to save more for retirement, then the executives   are allowed to save more for retirement. This provision is enforced   via \"\"non-discrimination testing\"\". Non-discrimination testing takes the   deferral rates of \"\"highly compensated employees\"\" (HCEs) and compares   them to non-highly compensated employees (NHCEs). An HCE in 2008 is   defined as an employee with compensation of greater than $100,000 in   2007 or an employee that owned more than 5% of the business at any   time during the year or the preceding year.[13] In addition to the   $100,000 limit for determining HCEs, employers can elect to limit the   top-paid group of employees to the top 20% of employees ranked by   compensation.[13] That is for plans whose first day of the plan year   is in calendar year 2007, we look to each employee's prior year gross   compensation (also known as 'Medicare wages') and those who earned   more than $100,000 are HCEs. Most testing done now in 2009 will be for   the 2008 plan year and compare employees' 2007 plan year gross   compensation to the $100,000 threshold for 2007 to determine who is   HCE and who is a NHCE. The threshold was $110,000 in 2010 and it did   not change for 2011. The average deferral percentage (ADP) of all HCEs, as a group, can be   no more than 2 percentage points greater (or 125% of, whichever is   more) than the NHCEs, as a group. This is known as the ADP test. When   a plan fails the ADP test, it essentially has two options to come into   compliance. It can have a return of excess done to the HCEs to bring   their ADP to a lower, passing, level. Or it can process a \"\"qualified   non-elective contribution\"\" (QNEC) to some or all of the NHCEs to raise   their ADP to a passing level. The return of excess requires the plan   to send a taxable distribution to the HCEs (or reclassify regular   contributions as catch-up contributions subject to the annual catch-up   limit for those HCEs over 50) by March 15 of the year following the   failed test. A QNEC must be an immediately vested contribution. The annual contribution percentage (ACP) test is similarly performed   but also includes employer matching and employee after-tax   contributions. ACPs do not use the simple 2% threshold, and include   other provisions which can allow the plan to \"\"shift\"\" excess passing   rates from the ADP over to the ACP. A failed ACP test is likewise   addressed through return of excess, or a QNEC or qualified match   (QMAC). There are a number of \"\"safe harbor\"\" provisions that can allow a   company to be exempted from the ADP test. This includes making a \"\"safe   harbor\"\" employer contribution to employees' accounts. Safe harbor   contributions can take the form of a match (generally totaling 4% of   pay) or a non-elective profit sharing (totaling 3% of pay). Safe   harbor 401(k) contributions must be 100% vested at all times with   immediate eligibility for employees. There are other administrative   requirements within the safe harbor, such as requiring the employer to   notify all eligible employees of the opportunity to participate in the   plan, and restricting the employer from suspending participants for   any reason other than due to a hardship withdrawal.\""}
{"_id": "52441", "title": "", "text": "In banks and institutions where you could look at the money supply of M1 which is the physical currency in circulation compared to M2 which would be all the deposits that tend to be valued much more. http://www.federalreserve.gov/releases/h6/current/ would be the link where as of Nov. 2014 the figures are M1 - 2,849.8 M2 - 11,588.7 Footnotes from that: M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve   Banks, and the vaults of depository institutions; (2) traveler's   checks of nonbank issuers; (3) demand deposits at commercial banks   (excluding those amounts held by depository institutions, the U.S.   government, and foreign banks and official institutions) less cash   items in the process of collection and Federal Reserve float; and (4)   other checkable deposits (OCDs), consisting of negotiable order of   withdrawal (NOW) and automatic transfer service (ATS) accounts at   depository institutions, credit union share draft accounts, and demand   deposits at thrift institutions. Seasonally adjusted M1 is constructed   by summing currency, traveler's checks, demand deposits, and OCDs,   each seasonally adjusted separately.  M2 consists of M1 plus (1)   savings deposits (including money market deposit accounts); (2)   small-denomination time deposits (time deposits in amounts of less   than $100,000), less individual retirement account (IRA) and Keogh   balances at depository institutions; and (3) balances in retail money   market mutual funds, less IRA and Keogh balances at money market   mutual funds. Seasonally adjusted M2 is constructed by summing savings   deposits, small-denomination time deposits, and retail money funds,   each seasonally adjusted separately, and adding this result to   seasonally adjusted M1. Where M1 sounds like the physical money outside the banks and M2 is the money inside the banks. Did you mean something more specific here? http://en.wikipedia.org/wiki/Gross_domestic_product would be a link about GDP in terms of economic output that has more than a few pieces to it that I'm sure whole courses in college are devoted to understanding this measurement."}
{"_id": "52445", "title": "", "text": "You may be using the wrong method to get your money back.  As others have said, this is not a valid use for chargeback; that is when a fraudulent charge occurred, or when a merchant charges you incorrectly. However, many cards have various kinds of guarantees, one of which might cover this situation. Particularly in some european countries, such as the United Kingdom which has Section 75 allowing you a recourse, services are included with goods.  Goods are typically the only covered elements in the US, though, but check your credit card agreement to be sure. Second, you can go through the FTC.  They will provide you a sample form letter to request a refund of your money, and if the merchant is not cooperative might choose to help you directly (especially if many others are in your situation)."}
{"_id": "52450", "title": "", "text": "\"Finance/Econ major checking in. I'm not an expert, but I just finished up a finance/marketing internship and I'll be headed into my junior year.    In all honesty, I'm not sure you really need to worry about an internship after your freshman year. For the most part, it's the summer's after your first summer that it really becomes the standard thing to get an internship.    I almost guarantee you I stressed to the max about the same things you're (probably) stressing about: Am I going to have enough experience? Is my GPA high enough? Am I wasting time not interning during the semesters? Am I a failure because I didn't get this scholarship/internship/program, etc. In the end, and I'm far from the end, I don't think it's going to matter that I didn't get an internship after my freshman year. I have a 4.0, but I'm almost certain I'd be in the same position if I had a 3.5. I really worried about not getting a \"\"prestigious\"\" internship, but I think it's more about meaningful experience that you can use to say \"\"look! I did this!\"\" even if it's not with a Top-10 blah blah blah.    You'll get there. If you're worrying about it now before you've even started classes, you'll finish up with plenty of experience in one way or another. Don't worry about it too much, get used to classes, make new friends, and have the time of your life.    Edit: My junior year, not sophomore year... it's been a long summer.\""}
{"_id": "52458", "title": "", "text": "&gt; But, it seems like the pool is adding value out of nowhere!  Options don't simply exercise in the void. There are proceeds from the  exercise (option-holders must pay into the company). This amount is an additional investment in the company that hasn't precisely materialized yet, but is generally expected to (and is difficult to alter, as it's likely part of an employment contract)."}
{"_id": "52483", "title": "", "text": "&gt;I think the issue is people just do not have a choice but to do whatever their employer wants.        If you don't like the way your boss it treating you, save up some money and quit or do something stupid and get fired to collect unemployment.  You are responsible for your happiness and well being.  No one else."}
{"_id": "52504", "title": "", "text": "(After seeing your most recent comment on the original question, it looks like others have answered the question you intended, and described the extreme difficulty of getting the timing right the way you're trying to. Since I've already typed it up, what follows answers what I originally thought your question was, which was asking if there were drawbacks to investing entirely in money market funds to avoid stock volatility altogether.) Money market funds have the significant drawback that they offer low returns. One of the fundamental principles in finance is that there is a trade-off between low risk and high returns. While money market funds are extremely stable, their returns are paltry; under current market conditions, you can consider them roughly equivalent to cash. On the other hand, though investing in stocks puts your money on a roller coaster, returns will be, on average, substantially higher. Since people often invest in order to achieve personal financial stability, many feel naturally attracted to very stable investments like money market funds. However, this tendency can be a big mistake. The higher returns of the stock market don't merely serve to stoke an investor's greed, they are necessary for achieving most people's financial goals. For example, consider two hypothetical investors, saving for retirement over the course of a 40-year career. The first investor, apprehensive Adam, invests $10k per year in a money market fund. The second investor, brave Barbara, invests $10k per year in an S&P 500 index fund (reinvesting dividends). Let's be generous and say that Adam's money market fund keeps pace with inflation (in reality, they typically don't even do that). At the end of 40 years, in today's money, Adam will have $10,000*40 = $400,000, not nearly enough to retire comfortably on. On the other hand, let's assume that Barbara gets returns of 7% per year after inflation, which is typical (though not guaranteed). Barbara will then have, using the formula for the future value of an annuity, $10,000 * [(1.07)^40 - 1] / 0.07, or about $2,000,000, which is much more comfortable. While Adam's strategy produces nearly guaranteed results, those results are actually guaranteed failure. Barbara's strategy is not a guarantee, but it has a good chance of producing a comfortable retirement. Even if her timing isn't great, over these time scales, the chances that she will have more money than Adam in the end are very high. (I won't produce a technical analysis of this claim, as it's a bit complicated. Do more research if you're interested.)"}
{"_id": "52522", "title": "", "text": "\"This article is silly.  We have a functioning labor market. Wages are balanced by supply and demand.  We don't need more regulation to \"\"fix\"\" it.  I think the market is effectively bifurcated.  You have skilled jobs being well paid, and candidates can easily switch.  For instance entry-level Computer Science grads regularly make $60k and have multiple offers.  If you're highly skilled, life is good, economically.  I think the jobs that require trade-skills are also under supplied.  The roofer in the article is an example.  These folks also get reasonable pay and steady work, certainly enough for a middle class lifestyle.  If you're a low-skill worker, then life is much harder.  There are job shortages, wages are low, and employees suffer.  One complication is that many students go to college, but graduate without marketable skills.  This leaves them to compete against low-skill workers.  So college grads suffer from \"\"low\"\" wages, and non-college grads suffer from increased competition. I'm surprised so many people still take on college debt to get degrees that offer little to no wage premium.  Minimum wage hikes can help a little.  In Seattle they found no job loss from the first small minimum wage hike (and an increase in employee well-being).  The second hike was larger and created significant job losses (enough that total wages paid were flat).  I think this means that some jobs don't generate enough value to be paid $15/hr.  The TL-DR is get skills to lead an easier economic life.\""}
{"_id": "52531", "title": "", "text": "SPRING HILL \u2014 In 2009, Spring Hill United Church of Christ followed the lead of the denomination\u2019s 24th General Synod of 2003 and adopted a statement of inclusiveness: The church body would welcome and affirm all people, including people of every sexual identity. One way the church has decided to live up to that statement is by offering an educational and support group for those with HIV/AIDS, as well as people affected by it, beginning this month. The group will meet from 7 to 8:30 p.m. on the last Tuesday of each month at the church. \u201cFor the past two years, our church has declared itself open to all people, regardless of age, race, gender, ethnicity, sexual identity, health or disabilities, economic status or family structure,\u201d said the Rev. Carlan Helgeson. \u201cAs part of that inclusiveness of all people in our congregation, we are excited to be able to reach out to those who may lack the support and affirmation that comes from being HIV positive or having AIDS.\u201d The ministry, called Red Project, will be led by church member and ministerial student Ray Gomez. \u201cI chose the name Red Project because red is a stand-out, shout-out kind of color,\u201d Gomez said. Red is also the color of the AIDS ribbon used to represent the illness, he said. \u201cRed denotes danger and is an angry color, representing the worst in human behavior and ignorance, along with hatred shown to the people with the illness in the early years,\u201d Gomez said, \u201cand the stigma surrounding HIV, even today.\u201d Gomez is HIV positive and has more than 25 years of experience teaching and advocating on HIV/AIDS. He holds degrees in education and multicultural education and is working on a second master\u2019s degree in pastoral counseling. He is an ordained minister through the Missionary Church International and is a student in ministry with the United Church of Christ. Gomez, who is gay, said he attends the church in Spring Hill because it is open and affirming. \u201cA lot of churches do not want to service or go out of their way to reach the HIV population,\u201d he said. \u201cIt\u2019s unfortunate because a lot of people with HIV live in this community. There\u2019s so much stigma still attached to HIV, so (for that reason) many people don\u2019t want anything to do with church.\u201d Gomez said that several years ago he personally felt rejection by many churches. Subsequently, he turned to alcohol, crack cocaine and promiscuous living. \u201cI discovered quite quickly that the world\u2019s solutions make great promises but can never deliver,\u201d he said. \u201cIt was all just an illusion of the intimacy I was seeking, and I was left more broken, more hopeless and experienced deeper despair.\u201d Over the past 11 years, Gomez said, he returned to the faith of his youth and began ministering to those who were hurting and broken. Now, as an advocate and peer in the field, he is a certified prevention specialist, HIV test counselor and peer educator. \u201cI have recovered from crack addiction and alcohol abuse,\u201d he said. \u201cI have discovered the Metropolitan Community Church and the United Church of Christ, two denominations that allow me to be fully myself and fully Christian, and which give me the opportunity to minister to a hurting and broken community.\u201d Reconciliation for hurting people is his goal. \u201cMy purpose, and Pastor Carlan\u2019s purpose, is to reconcile gay men, lesbians and bisexual people that have been hurt by other Christians and that don\u2019t attend church anymore, and welcome them back into a family of faith.\u201d Topics at the monthly classes will include \u201cI Just Tested Positive: Now What?\u201d \u201cTalking with My Health Care Provider: The Stuff You Need to Discuss,\u201d \u201cMedication Adherence: What\u2019s Important and Why?\u201d and \u201cCrystal Meth and HIV: A Non-judgmental Educational Experience.\u201d According to a press release, the purpose of Red Project is to offer emotional, physical and spiritual support, and guidance to those newly diagnosed with HIV and to those who have been positive for some time. \u201cI believe a good support group needs four things,\u201d Gomez said. Physical support, emotional support, education and spiritual support.\u201d There is no cost to attend, but donations will be sought to help with refreshments and educational materials. Carlan said those attending need not participate in the church. \u201cThere are no strings attached,\u201d he said. \u201cAll we want to do is to help those who have a need and to affirm those who may feel alienated and disenfranchised by society at large. My biggest hope is that people find inner healing and form bonds of friendship from participating in Red Project.\u201d According to Nina Mattei, public information officer for the Hernando County Health Department, the county does not offer a support group for those with HIV/AIDS. \u201cThe Health Department reaches out with HIV/AIDS education, presentations, literature, testing and prevention,\u201d said Mattei. \u201cThe Health Department clinics offer testing, education, comprehensive care and referrals. \u201cHIV and AIDS is a concern across Florida,\u201d she said, \u201cand we are fortunate to have resources available in Hernando County that support people who are living with HIV and AIDS.\u201d"}
{"_id": "52532", "title": "", "text": "Hard to say in general. It depends on the actual numbers.  First you need to check the suggested retail price of a new car, and the price that you can actually get it for. The difference between these prices is between non-existing and huge, depending on the car. Some dealers will sell you a car that has done 50 miles for a huge rebate - that means they can't sell their cars at full price but don't want to reduce the price. Used cars can be quite expensive compared to a new car or not, also depending on the brand.  Estimate that a brand new car should drive 12 years and 200,000 miles without major repairs (go for a car with generous warranty or check reviews to make sure you are buying a long lasting car). Calculate the cost per year. Since you prefer driving a nicer new car, increase the cost for the first four years and reduce the cost for the last four years. With that information, check what the used car costs and if that is reasonable. Assuming 12 years life, a six your old car should be quite a bit less than 50% of a new one.  You can improve your cost a bit: If your annual mileage is low, you might find a rather new car with huge mileage quite cheap which will still last many years. Or if your annual mileage is excessively high, you can look for a car that is a bit older with low mileage.  Anyway, paying 70% of the price of a new passenger car for a used car that is six years old (you say <7 years, so I assume six years) seems excessive; it would mean the first user effectively paid 30% of the new price to drive the car for six years, and you pay 70% to drive another six years (estimated). You'd be much much better off buying a new car and selling it for 70% after six years."}
{"_id": "52538", "title": "", "text": "Let's say I am able to pass the level 1 CFA exam, would this allow me to pursue a career within the finance world without needing to look into a second bachelor's in finance or an MBA-finance? I know this is a long road ahead and one that will be full of difficult times.   Yeah, my focus was school counseling.  So this would allow me to graduate and look at a private practice license after I meet the hour requirements or give me the opportunity to become a school counselor as soon as I graduate.  These positions don't pay the most but they are at least something.  I live in a rural area currently but would be looking to relocate to Denver upon graduation.  If I stopped the MS degree then I would only have my BA in Psychology to fall back on until taking and passing the CFA.  I'm not sure I could make as much with that degree while I attempt to transition careers.    As far as the emotionally taxing aspect, working with children who come from broken homes all day, every day is extremely exhausting mentally and for someone like me it is difficult to leave work at work in this line.  I become emotionally invested in the outcome of my work and have a hard time disconnecting and not caring when I am on my time.    The main reason I am looking at switching into this type of career isn't based around the earning potential.  Although this is an added benefit, the greatest reasoning is because a) this helping profession has left me burned out and I want to continue to help but in a less intimate way and b) my personality and strengths really fit with this type of career.  I have had to work hard to develop as a counselor and I still struggle at times.  I have a more concrete and factual mind and I process things in a critical and evaluative manner.  Ideal for careers that require critical evaluation, behind the scenes work, and a love for working with numbers and data.  I'll take a look at the WSO site and ask for some advice on there as well.  The largest decision that I will need to make is if finishing the MS is going to be worth the 20k investment for one more year or if I should cut out and focus on developing a career in this field while working full-time and starting to pay off student loans.  My student loan debt is unfortunately higher than I would like, but I come from a family of alcoholics, users, and I finished high school while living on friend's couches for the last two years - so it has been a necessary evil.  Having to pay on the loans if I were to stop the MS is also a factor but I know there are income-driven repayment plans available that I can take advantage of if my earnings aren't as high as I would like.    Thank you again for your time - it is greatly appreciated."}
{"_id": "52541", "title": "", "text": "S\u00e5 er det endelig ferie og tid til at slappe af. For mange er det at slappe af ensbetydende med masser af bev\u00e6gelse og aktivitet. En aktiv ferie med sport og gang i kroppen giver flow og overskud og f\u00e5r br\u00e6ndt alle vinterens m\u00f8rke og stillesiddende timer ud af kroppen. Du kan v\u00e6re aktiv p\u00e5 din ferie i Danmark p\u00e5 et utal af m\u00e5der, fra det helt basale til det mere avancerede og teknisk kr\u00e6vende. http://www.bestwestern.dk/"}
{"_id": "52553", "title": "", "text": "I moved to England (from the US) for my second half of university, during those two years my tuition in the U.K. was almost the same as in-state tuition in the US, and I had gone to an out of state school the year before so I actually saved money when I moved abroad.   It's actually pretty damn easy if people bother to put in an effort to move to Europe from the United States for higher education, as many institutions here have lower costs even for non-EU citizens, accept US federal loads, have majors in English, offer easy to obtain student visas, and while you're here you have access to their healthcare, get to experience a new culture, might learn a new language, etc.  People think it is impossible or pointless; it is not."}
{"_id": "52555", "title": "", "text": "You assume that only the state can create those things or provide them. I challenge that view. The state is nothing special it is only a service provider in a space that many could be offering services in if there wasn't an artificially created monopoly on those services. Your god didn't create those things and should not have a monopoly on them."}
{"_id": "52579", "title": "", "text": "No.  Revenue is the company's gross income.  The stock price has no contribution to the company's income.  The stock price may be affected when the company's income deviates from what it was expected to be."}
{"_id": "52589", "title": "", "text": "See if any of the funds they offer are index funds, which will generally have MUCH lower fees and which seem to perform as well as any of the actively managed funds in the same categories."}
{"_id": "52593", "title": "", "text": "eSalesData can equip your sales teams with highly precise mailing information that lets you effortlessly get in touch with thousands of agriculture executives across the globe. Our databases are run through a 6-stage verification process prior to delivery, besides being overhauled and cleansed every 90 days."}
{"_id": "52617", "title": "", "text": "The easiest way to get started on a budget is just to track where you spend your money. If you have set bills each month I would make a category for each of those to make sure you have enough to pay. You can try and split up the remaining income into categories but the easiest way to start is just to track your spending for a month or two. This gives you a birds eye view of what is actually realistic. Start with that total as your preliminary budget and then adjust as you go along to meet other financial goals. We use neobudget.com for tracking our income."}
{"_id": "52622", "title": "", "text": "\"I also don't know the specific details for Finland and/or Belgium, however many countries have tax treaties, which generally prevent double taxation (i.e., paying tax in both countries on the same base income). Being that both Finland and Belgium are EU member states, I'm quite certain there's a provision that covers this, and the same would apply: You pay taxes on what you earn while in Finland to Finland, and to Belgium what you earn while in Belgium. All of this is similar to what you presented, however there's also a section where you'd declare how much taxes were paid in other countries. One other thing to note, which will be the determining factor in the above, is whether EU law requires you to change residence to BE for the time you're there. If not  then you'll be paying taxes in Finland the entire time on the entire amount. This comes from an Irish governmental site: \"\"By working in another member state and by transferring your residence there, you are likely to become \"\"resident for tax purposes\"\" there. The definition of fiscal residence varies from one member state to another. You must comply with the laws of the country where you have established your residence. The laws on personal taxation vary considerably from one member state to another and you may be liable for taxation in more than one country. In general, you are subject to income tax in the country where you are living but this may not be the case if you are a \u201cposted worker\u201d \u2013 see below. In general, property is taxed in the country in which it is situated but, again, there are variations. Tax agreements have been concluded between most of the member states of the EU, which are intended to avoid double taxation, if you derive income from different countries. In general, national fiscal rules must respect the fundamental principle of non-discrimination against nationals of another EU country.\"\"\""}
{"_id": "52636", "title": "", "text": "The credit card company isn't the one losing money here. It's the airline. The airline credited you back twice (once with the fraud report, once with the credit from the thief). Maybe you should call them if you want it resolved sooner. In any case, if/when they do come looking for their money, they will have the paperwork to prove that it belongs to them.  You can spend the money now and risk paying it back later, you can watch and wait, or you can be proactive and ask the airline to fix it. They may or may not care about that sum."}
{"_id": "52643", "title": "", "text": "&gt; it makes US investments even better because the rate of return gets boosted higher.  Except it doesn't.    Do they really teach this?  Does anyone have a link to textbook thinking on this subject, because that's a blatant lie and might explain why so many people understand the dynamics at work here completely wrong."}
{"_id": "52684", "title": "", "text": "\"I've been taking all the cheap fixed-rate debt banks would like to give me lately. What Rate? In practice I find the only way I get a low-enough rate on a longish-term fixed-rate loan is to use collateral. That is, auto loans and home loans. I haven't seen any personal loans with a low enough fixed rate. (Student loans may be cheap enough if they're subsidized, I guess.) Here's how I think of the rate: If you look at https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations , the average annual return on 80% bonds / 20% stocks is 6.7%, with worst year -10.3%. That's a nominal return not a real return. If you subtract taxes, say your marginal rate (the rate you pay on your last dollar of income) is 28% federal plus 5% state, then if you have no tax deferral the 6.7% becomes about a 4.5% average, with reasonably wide variation year-by-year. (You can mess with this, e.g. using tax-exempt bonds and tax-efficient stock funds, etc. which would be wise, but for deciding whether to take out debt, getting too detailed is false precision. The 6.7% number is only an average to begin with, not a guarantee.) Say you pay 4.5% on a loan, and you keep your money in very conservative investments, that's probably at least going to break even if you give it some years. It certainly can and sometimes will fail to break even over some time periods, but the risk of outright catastrophe is low. If your annual loss is 10%, that sucks, but it should not ruin your life. In practice, I got a home loan for close to 4.5% which is tax-deductible so a lower effective rate, and got an auto loan subsidized by the manufacturer for under 3%. Both are long-term fixed-rate loans with collateral. So I was happy to borrow this money paying about a 3% effective rate in both cases, well below my rough threshold of 4.5%. I do not, however, run a credit card balance; even though one of my cards is only 7% right now, 7% is too high, and it's a floating rate that could rise. The personal loans I've seen have too-high rates also. Thoughts Overall I think using debt as a tool requires that you're already financially stable, such that the debt isn't creating a risky situation. The debt should be used to increase liquidity and flexibility and perhaps boost investment returns a bit. Where you're likely to get into trouble is using debt to increase your purchasing power, especially if you use debt to buy things that aren't necessary. For me the primary reason to use debt is flexibility and liquidity, and the secondary \"\"bonus\"\" reason is a possible spread between the debt rate and investment returns.\""}
{"_id": "52706", "title": "", "text": "They are looking at your work history to see that you have maintained a similar level of income for a period of time, and that you have a reasonable expectation to continue that for the foreseeable future. They are looking to make a commitment for 15-30 years. They see the short term contract, and have no confidence in making a guess to your ability to pay. Before the real estate bubble burst, you would have had a chance with a no documentation loan. These were setup for people who earned fluctuating incomes, mostly due to being commissioned based. They were easily abused, and lenders have gotten away from them becasue they were burned too often. Just like building your credit rating over time, and your down payment over time, you might have to wait to build a work history."}
{"_id": "52720", "title": "", "text": "There is a number of cheaper online options that you could use. TranferWise was already mentioned here. Other options i know are Paysera or TransferGo. They state that international transfers are processed on the next day and they are substantially cheaper than those of banks. Currency exchange rate is usually not bad."}
{"_id": "52722", "title": "", "text": "Either you use absolute standards to calculate poverty or you use relative standards. If you want to use relative standards it's an obscene argument, there will always be poverty. If you use absolute standards you cannot arbitrarily exclude the rest of the world. It's about purchasing power, not nominal incomes. You are discussing nominal incomes and using a relative standard of poverty. You mine as well just say 'I enjoy being unhappy about the world and have set forth to define the world in terms which make it impossible for me to be happy about it. Not trying to start an argument, that's simply economics. Not even saying you don't have serious and relevant gripes. But this article is not going to help present those issues in a way that they can be taken seriously. I would recommend reading some material on developmental economics. Become informed so you can define the argument in intelligible language."}
{"_id": "52734", "title": "", "text": "The price for securities is negotiable.  You totally have a right to make a lower offer when buying or ask for a higher price when selling.    Securities don't trade at a fixed price, the price goes up and down throughout the day based on the price offers made by buyers and sellers and where they find agreement. If a stock last traded for $10, someone can put out an offer to buy the stock at $9.50, if they find someone who wants to sell and will accept that price, then a deal is made. unless something is falling rapidly in price however, an offer that far below the last price is not terribly likely to be accepted. Now if you want to be assured of making a sale or purchase, you generally trade 'at the market' and for small time players that is very much encouraged as it makes it easier for everyone."}
{"_id": "52735", "title": "", "text": "so this is a loan for a house? a loan on a house? a new mortgage? you shouldn't just get a loan for the hell of it any time. interests rates are low because the yields on US treasuries have been pushed closer to zero, and thats pretty much that. the risk is on the bank that approves the loan, and not you. (your ability to repay should be truthful, but your payments are smaller because the interest is so low)"}
{"_id": "52741", "title": "", "text": "\"Create an account called, say, \"\"Paycheck\"\".  When you get paid, create an entry with your gross income as a deposit.  For each deduction in your paycheck, create a minus (or expense) entry.  After doing that, what will be left in the Paycheck account will be your net income.  Simply transfer this amount to the real account your paycheck goes into (your checking account, probably). Almost all the time, the value of your Paycheck account will be 0.  It will be nonzero only for a moment every two weeks (or however often you get paid). I don't know if this is the standard way of doing it (in the professional accounting world).  It's a way I developed on my own and it works well, I think.  I think it's better than just adding a deposit entry in your checking account for your net income as it lets you keep track of all your deductions. (I use Quicken for the Mac.  Before they added a Paycheck feature, I used this method.  Then they removed the Paycheck feature from the latest version of Quicken for the Mac and I now use this method again.)\""}
{"_id": "52756", "title": "", "text": "&gt; Actually, the thing they need is debt, not depositors money.  I was trying to explain how a bank could be a ponzi scheme.  But on second thought, even the example I provided is wrong.    Depositors are creditors to the bank.  Ponzi schemes are paying out returns to investors or equity holders and has nothing to do with paying out liabilities to creditors.  No matter how the bank sourced the assets, paying returns of interest to depositors (creditors) can't be deemed a ponzi scheme."}
{"_id": "52757", "title": "", "text": "Capital Place Tower t\u1ecda l\u1ea1c tr\u00ean m\u1eb7t ti\u1ec1n \u0110\u01b0\u1eddng Th\u00e1i V\u0103n Lung, Ph\u01b0\u1eddng B\u1ebfn Ngh\u00e9, Qu\u1eadn 1. T\u00f2a nh\u00e0 n\u1eb1m trong top cho thu\u00ea v\u0103n ph\u00f2ng Qu\u1eadn 1 \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf theo \u0111\u00fang ti\u00eau chu\u1ea9n c\u1ee7a m\u1ed9t building qu\u1ed1c t\u1ebf. N\u1eb1m g\u1ea7n c\u00e1c khu trung t\u00e2m th\u01b0\u01a1ng m\u1ea1i t\u00e0i ch\u00ednh c\u1ee7a Th\u00e0nh ph\u1ed1 H\u1ed3 Ch\u00ed Minh s\u1ebd t\u1ea1o \u0111\u01b0\u1ee3c \u0111i\u1ec1u ki\u1ec7n ph\u00e1t tri\u1ec3n m\u1edbi trong nhi\u1ec1u l\u0129nh v\u1ef1c l\u00e0m vi\u1ec7c c\u1ee7a b\u1ea1n."}
{"_id": "52773", "title": "", "text": "Yeah, good luck to you dude. The way I see it is, I have absolutely zero chance of reaching my goals if I don't try. Can't focus on my poor academic history. Just need to keep improving myself to incrementally improve my chances.   Plus, the level of intellect required to succeed in IB should make community college a breeze. Since I have been focused on Finance I haven't been close to receiving a B. You should kill it."}
{"_id": "52785", "title": "", "text": "It's not that they don't want to pay it, it is that there is now an economic incentive to do it. People can no longer be turned down because of a preexisting condition.   That means that I should wait until I break my arm to sign up for insurance. Then once it's better I should cancel it again. That is simply what makes sense economically. Only people who are sick need insurance if sick people cannot be turned down"}
{"_id": "52826", "title": "", "text": "Audating Site is the best Australian online dating website. You can use this website for adult dating and naughty casual fun. Here you will meet thousands of the hottest members from the Australia. Casual sex is the best sex, this sex can meet through the dating website. If you are 18 years old, you can sign up for free on our website and create a profile and instantly begin connecting with real, sexy singles who are looking for no strings attached fun, right now, with you."}
{"_id": "52837", "title": "", "text": "You're the only one that knows what's going on. But in GA they are having problems getting permission to just tear down unmaintained vacant properties.  http://www.walb.com/story/15552236/dilapidated-dougherty-co-homes-may-be-demolished  http://decatur.11alive.com/news/news/139681-dekalb-county-fix-dilapidated-houses  (I had another story in mind but I don't know the right keywords to find it, basically someone abandoned a house years ago and people have been trying to find the owner, because they can't get rid of it and the property values are going down.)"}
{"_id": "52855", "title": "", "text": "Stock price is determined by what's being asked for it, and what's being paid for it. The reported price is either a recent average, or is the last price at which a sale actually took place, depending on which you've asked for. Limit orders are an agreement between you and your brokerage, and have no direct effect on price. When and if their condition is triggered and the transaction takes place, the transaction is what's significant."}
{"_id": "52858", "title": "", "text": "How do I direct deposit my paycheck into a high yield financial vehicle, like lottery tickets? And can I roll over my winnings into more lottery tickets? I want to wait until I have a few billion before touching it, maybe in a year or two."}
{"_id": "52878", "title": "", "text": "It's a lot easier to trade a contract based on the forward value (a futures contract) of some commodity, than say constantly trade &amp; deliver 1000 barrels of crude oil.   Along those lines, it's also easier to trade an option on the forward value than it is an option on the actual commodity, especially if you have the ability to exercise the option"}
{"_id": "52882", "title": "", "text": "\"Finally, I got response from finance center:  \"\"It doesn't matter where do you study, what does matter is where you   live. So, once you live in Germany, you pay taxes in Germany. And   it doesn't matter who you work for.\"\" So, there are two options to pay taxes: it's paid by an employer or an employee: If I would work for Swiss company, I need to show how much money I make every month (or year) to Finance Center.\""}
{"_id": "52904", "title": "", "text": "\"Scumbag n2deep:       Accuses others of not really knowing about someone's true nature          Says you're just as bad as everyone else       So, do you get royalties from Merriam Webster for your portrait next to \"\"Hypocrite\"\" on page 378, or is it a Creative Commons kinda thing?\""}
{"_id": "52908", "title": "", "text": "Your investment is probably in a Collective Investment Trust. These are not mutual funds, and are not publicly traded. I.e. they are private to plan participants in your company. Because of this, they are not required* to distribute dividends like mutual funds. Instead, they will reinvest dividends automatically, increasing the value of the fund, rather than number of shares, as with dividend reinvestment. Sine you mention the S&P 500 fund you have tracks closely to the S&P Index, keep in mind there's two indexes you could be looking at: Without any new contributions, your fund should closely track the Total Return version for periods 3 months or longer, minus the expense ratio. If you are adding contributions to the fund, you can't just look at the start and end balances. The comparison is trickier and you'll need to use the Internal Rate of Return (look into the XIRR function in Excel/Google Sheets). *MFs are not strictly required to pay dividends, but are strongly tax-incentivized to do so, and essentially all do."}
{"_id": "52916", "title": "", "text": "Coinciding with a complete turnover of ocean currents since the industrial revolution started. The ocean has been saturated with CO2 which has been absorbing it like mad for the last 200+ years. Now the water that was on the surface during the industrial revolution absorbing CO2 has gone down to lower underwater currents, flowed back to the start of the current, and popped back up at the surface. It isn't fresh clean water that can absorb more CO2, it is already saturated. This is were most of the 'missing' climate change has gone, into carbonating the water. Now it is being oversaturated with the combined effects of making the ocean more acidic and less fit to support life. We should be seeing CO2 levels rise exponentially the next couple decades above what we have in the past with similar CO2 output levels, there aren't as many places left for it to go."}
{"_id": "52925", "title": "", "text": "The manufacturing world generates enough RFQ's that you can survive off of a professional looking website, good SEO, and a solid Google Maps listing. Make it easy to be found and the customers throw themselves at you, it's pretty amazing in my experience."}
{"_id": "52940", "title": "", "text": "\"Google Finance certainly has data for Tokyo Stock Exchange (called TYO on Google) listings.  You could create a \"\"portfolio\"\" consisting of the stocks you care about and then visit it once per day (or write a script to do so).\""}
{"_id": "52941", "title": "", "text": "It is difficult to actually 'answer' your (or any other) investment question as investment outlook and objectives are different from one individual to another. I shall put down some of my thoughts and probably you shall be able to factor them in while you take your decision. As for your last paragraph, in general from investment perspective, the younger you are more kisk you can take and bond gives a stable base to a portfolio. One good way to estimate the proportionality of bond:stock is (your age):(100-your age). However for 2-3 years you could ignore the above and invest in good quality stocks for long term."}
{"_id": "52942", "title": "", "text": "First step is determine how much equity is in the car (positive or negative). Then for your car payments has that been paid out of money that has already been split or is it from a pool that is still to be slit. If the later, then it is irrelevant to this discussion since it was from a joint pool. If the money has already been split then adjust her half of the equity in the car by what you have been paying an make her that offer for her half of the car.  I recommend showing her the calculations so as to explain how you came with what she is owed and then let her make a counter offer."}
{"_id": "52943", "title": "", "text": "I think this could be a even bigger problem for us since dollar is not just the international curreny for oil but for like mostly everything. This trend could be pushed by china and russia for other stuff to which is terrible for US."}
{"_id": "52951", "title": "", "text": "He didn't say that. He said he disagrees with people who condone hate and posted a video about it on Face Book. I like Marcus and think he has a good head on his shoulders but he should have kept his head out of this battle for sure.  edit: bot grammar checked me."}
{"_id": "52970", "title": "", "text": "\"Is it really all that much for me to ask that exchanges not be complicit in my 401k being front-run? I really don't get how you can argue it's a good thing. I guess I should instead be mad at the my 401k management firm for not dragging their own private fiber networks and allowing my 401k to get shaved by \"\"smarter\"\" traders that do. You're ridiculous.\""}
{"_id": "52978", "title": "", "text": "You already received a tax deduction, more or less, as you didn't pay tax on this income. Beyond that, no; the money is lost if you don't spend it.  See this explanation for example, among many others; it's specific to FSA, but they work generally the same way. To go into a bit more detail, read the IRS publication on the subject; basically, what's happening here is that you're receiving a fringe benefit, rather than salary.  So yes, you agreed to voluntarily reduce your salary by $255 or whatever per month in exchange for funds in this account. As such, they're nontaxable, which both your employer and you find helpful; but the downside is it's not really your money - it's a fringe benefit.  Nice that it's tax free, and dissimilar to a medical or dependent care FSA, it doesn't have an expiration date; but it does go away when you leave your employer, and you don't get it back.  It's money you never had."}
{"_id": "52979", "title": "", "text": "So you're expecting people to go in debt getting a degree for jobs that don't require an advanced education and will not likely pay enough for them to pay off their student loan debt. That in the words of the author of this article is just plain dumb."}
{"_id": "52993", "title": "", "text": "If you want to save the money and buy the used car in good condition then you have reached the right place, because it is one of the most and trustable used car dealers in  Johor Bahru. Here, you and get the wide range of every car that certify by our excellent expert team.  Basically, you should find the most and nearest authorized car dealer in your city. We are certified in this work to sale the second hand car now we have 14 car company and ready for sale car more than 1000. You can also select the most and your favorite car."}
{"_id": "53003", "title": "", "text": "&gt; That power is going to shift to Europe and East Asia where education isn't treated as a commodity.        In those countries, not everyone gets into college.  So for those that do, the degree is worth something.        The concept of blocking a child from going to college because their grades are just average, is foreign to US culture.   Then these average students get a mountain of debt, and a degree that won't take them anywhere.   As a foreigner in the US, it feels cruel to me.   But in my country, only the top 30-40% of high school students academically can gain entry to college.   All others must look for a different path (community college, trades, etc)."}
{"_id": "53012", "title": "", "text": "AdrianaJewelry provides the gold, silver and diamond jewelry in the USA. We also provide all types of jewelry online. The Gold heart necklace is beautifully expressive and often used as Valentine's day gifts of love. It is a time-honored expression of love and constancy. As such, you can offer it as a gift of love at any time of the year such as birthdays, Christmas, Mothers Day, anniversaries or for any special events and achievement."}
{"_id": "53027", "title": "", "text": "I love it. Knew this guy for an impostor when he first came to presidential popularity. The sheep followed each other and flocked to their red blooded savior out of ignorance. Unfortunately, though I hope they all received the consequences for their idiocy, it will most undoubtedly effect me as well.  fuckers"}
{"_id": "53028", "title": "", "text": "\"With these income levels you cannot deduct any IRA contribution. I.e.: you cannot save pre-tax, as you want. But you still can contribute to IRA (as a non-deductible contribution), and using the \"\"loophole\"\" transfer the contribution to Roth (you are probably over the limit to be able to contribute to Roth directly). For pre-tax contributions - max out your 401k.\""}
{"_id": "53031", "title": "", "text": "Alternative: buy a recent-model used car in good condition. Or buy an older car in good condition. Let someone else pay the heavy depreciation that happens the moment you drive a new car off the dealer's lot."}
{"_id": "53037", "title": "", "text": "Absolutely this.  Encouraging education is good.  Encouraging education by offering private institutions blank checks someone else (the student) is responsible for paying down is bad.  At this point, regulate the price of college tuition, and make federal student loans federal student grants."}
{"_id": "53041", "title": "", "text": "\"A \"\"market maker\"\" is someone that is contractually bound, by the exchange, to provide both bid and ask prices for a given volume (e.g. 5000 shares). A single market maker usually covers many stocks, and a single stock is usually covered by many market makers. The NYSE has \"\"specialists\"\" that are market makers that also performed a few other roles in the management of trading for a stock, and usually a single issue on the NYSE is covered by only one market maker.  Market makers are often middlemen between brokers (ignoring stuff like dark pools, and the fact that brokers will often trade stocks internally among their own clients before going to the exchange).  Historically, the market makers gave up buy/sell discretion in exchange for being the \"\"go-to guys\"\" for anyone wanting to trade in that stock. When you told your broker to buy a stock for you, he didn't hook you up with another retail investor; he went to the market maker. Market makers would also sometimes find investors willing to step in when more liquidity was needed for a security. They were like other floor traders; they hung out on the exchange floors and interacted with traders to buy and sell stocks. Traders came to them when they wanted to buy one of the specialist's issues. There was no public order book; just ticker tape and a quote. It was up to the market maker to maintain that order book.  Since they are effectively forbidden from being one-sided traders in a security, their profit comes from the bid-ask spread. Being the counter-party to almost every trade, they'd make profit from always selling above where they were buying. (Except when the price moved quickly -- the downside to this arrangement.) \"\"The spread goes to the market maker\"\" is just stating that the profit implicit in the spread gets consumed by the market maker. With the switch to ECNs, the role of the market maker has changed. For example, ForEx trading firms tend to act as market makers to their customers. On ECNs, the invisible, anonymous guy at the other end of most trades is often a market maker, still performing his traditional role. Yet brokers can interact directly with each other now, rather than relying on the market maker's book. With modern online investing and public order books, retail investors might even be trading directly with each other. Market makers are still out there; in part, they perform a service sold by an Exchange to the companies that choose to be listed on that exchange. That service has changed to helping tamp volatility during normal high-volatility periods (such as at open and close).\""}
{"_id": "53044", "title": "", "text": "That's an interesting take, but I insist that their real wealth situation is better than ours because of the consistent positive infusion of foreign wealth from superior physical exports  &gt; I want to emphasize here that the printing press isn't some magic fountain of real wealth.  That's the argument you've been supporting this entire time!!! Nice pivot, man  &gt;: ["}
{"_id": "53047", "title": "", "text": "Obviously, you should not buy stock when the option is to pay down your debt. However, your question is different. Should you sell to reduce debt. That really depends on your personal situation. If you were planning to sell the stock anyway, go ahead and reduce your loans. Check out how the stock is doing and what the perspectives are. If the stock looks like it's going down, sell... Do you have savings? Unless you do, I should advise to sell the stock at any rate. If you do have savings, are they earning you more (in percentage) than your loans? If they are, keep them..."}
{"_id": "53065", "title": "", "text": "&gt; Personally, I've avoided those sellers on Amazon because I know I don't get the same level of service I expect from Amazon  Previously you as a consumer had that choice. You could pick the vendor a better return policy, or you take a gamble on the vendor with a potentially cheaper price or better shipping. With the new policy your choices are reduced.  As marketplace businesses most likely will have to increase prices to compensate for return losses, there will be less competitive price pressure on Amazon. It can only serve to incrementally increase prices across the board."}
{"_id": "53066", "title": "", "text": "Oh God . .please let this happen on live TV   Imagine the ratings, it will make Mac Gregor vs May weather look like the local peep show.  Think of the revenue and the Good it will do the economy  and by the way, the title is misleading, it was  Fucking Moron"}
{"_id": "53067", "title": "", "text": "Humans are great apes and all great apes were tropical herbivores.  That means shelter and clothing was minimal, and we foraged (not hunted, we're not really built for it) for available food daily.  It's only when we move away from the tropical that life becomes a constant struggle rather than an intermittent one."}
{"_id": "53074", "title": "", "text": "That is a desirable model so I doubt you could get it into the low 30's. Also you mentioned you want it optioned out. That would also reduce the leverage you have in the negotiation. Look at True Car to find out what you'd actually be paying. You will either get the car you want or the price you want."}
{"_id": "53083", "title": "", "text": "\"No, but it's serving the same purpose, which is to hide the original origin of a sum of money. Both examples involve moving money from one source to another, when both the source and the sink are in actuality the same entity managed and run by the same people. Both involve doing it in order to hide the money from those who would otherwise have a right to a portion of it. In this case, it is those with a right on the \"\"net\"\". In Starbucks UK, it's the UK government.\""}
{"_id": "53087", "title": "", "text": "Welcome to Scale Manager. We are the leading residential, commercial, and industrial areas provide limescale remover product service company, which is located in Loughborough. We provide the best water conditioners product in the United Kingdom from previous many years. We have well-trained professionals that offer the best possible service and you can expect to get all of the information you need. If you want to serve in your home and office, you can contact us at our office."}
{"_id": "53092", "title": "", "text": "First, let me say that you have to take everything your agent says with a grain of salt. Freakonomics had a great article that discussed the math behind the motivation of the real estate agent.  It described the home seller, trying to get, say $400K. On a 6% commission, the $24K is destined to be split between seller realtor office and buyer's realtor's office. The selling agent gets $6,000 (or so) in the end. As a seller, if I settle for $380K, my realtor is only out $300, netting $5700. But $20K lower sale price, and I just lost nearly $19K after commission is paid.  The agent would have the natural goal of volume, not extracting the last dollar from the buyer. Gaining back the last $20K to the seller will cost the realtor far more than $300 in her time, keeping the house on the market and waiting for the better offer.  Sellers might use down payment as one way to estimate the probability of the financing falling through, but it's a rough estimate at best because, in the case of bank financing, the bank needs the same time to run through the paperwork for a 3% down or a 20% down. It's just as easy for the buyer to qualify or not qualify for one loan or the other. There are young couples with great incomes and no debt, who blow away the required ratios for proposed debt to income, but haven't saved up the otherwise huge 20% downpayment. Then there are those who have saved for years, even having 30% to put down, but their income is still not going to qualify them. The offer will be contingent on the financing, regardless. It will show that you are putting $XX dollars as a downpayment, and the final transaction is contingent on your bank approving you."}
{"_id": "53100", "title": "", "text": "\"That's a lot of manual checking-in to see if everything is performing the way you \"\"want\"\". Not to insult your intelligence, but that is not your job, and doing that on a monthly basis is going to eat a lot of time. Plus, most 401(k) programs have lockout periods wherein changes can't be made without incurring additional fees (related to distributions, etc). And if you're checking that often, you are [likely] losing the benefits of investing in mutual funds to start with. If you have the stomach to handle the risk, go for the high-risk investment vehicles early in your career - you can afford a 30% drop this year if you then make 105%, 15%, or 50% back each of the next 5. If, on the other hand, you're in your mid-career, switch to more conservative management tactics.\""}
{"_id": "53102", "title": "", "text": "How do we work? The companies listed on our website pay us a conversion fee whenever you sign up to them from glimp. This means we can give Kiwis free access to valuable information, and advertise local businesses at the same time. It\u2019s a win-win!"}
{"_id": "53114", "title": "", "text": "Rent should be nailed to costs + a pre-defined profit limit. Anything above the profit margin gets taxed away.  Instead, people are gouged of a good portion of their incomes while landlords make out like bandits.  Although I imagine the response to such a scheme would just be convoluted accounting tricks."}
{"_id": "53115", "title": "", "text": "\"It is quite blatantly an excuse, given that there has been substantial wage growth when government was large and substantial wage stagnation when government was small.  While the two are not quite entirely correlated, the association exists well enough to contradict the predictions of Austrian \"\"economics\"\".\""}
{"_id": "53118", "title": "", "text": "Didn't realize there was so much vitriol in the company. (via first link in article to Brad Reese's blog: http://www.bradreese.com/blog/8-7-2014.htm).  Kind of reminds me of HP during the Carla Fiorina days. HP in my opinion started their downward spiral around that time. Especially after they ousted the HP families."}
{"_id": "53131", "title": "", "text": "&gt; I believe transparency when it comes to our food is important.   Totally agreed. Here's my amateur solution:  All food companies are required to have the answers to a set of questions available, via email or website, phone, or standard mail. Those questions are determined by a combination of independent panel and consumer polling. What those questions are may change over time, allowing for a reasonably generous grace period for the companies to prepare.  For example, if consumers really have to know what GM ingredients are in their food, for whatever (asinine) reasons, then fine. Require the company to answer. If consumers really want to know what color shoes the workers wear, then so be it.  I also think we need a series of third party organizations, rather than the USDA Organic system we have. What's acceptable and what isn't is super arguable, and rather than just taking the standard that exists (which IMO is not meaningful), folks can choose which standard they wish to head. Combined with the mandated transparency above, this would lower costs by removing the need for active investigation, and lead to more informed decision making on the part of the consumers."}
{"_id": "53140", "title": "", "text": "Get your home a double hung, upvc window and beat the heat this summer with Enertec Window and Door Systems. Enjoy the comfort of best in class products brought to you at extremely affordable prices. Visit our website to know more."}
{"_id": "53152", "title": "", "text": "I don't like going to the movies, therefore everyone should stop going to the movies.  What a ridiculous notion. Maybe everyone should stop listening to music, watching tv shows, playing video games and reading books? Or do you only support boycotts of easily copyrighted and easily pirated media that you already don't consume (ie. blockbuster films) that way you can feel self righteous about your valiant efforts of denying consumerism without actually doing anything different or making any conscious effort at all to change your own lifestyle while mandating that all others change theirs?  Thanks, by no thanks. I'd rather pay 15 bucks to see David finchers remake of a girl with a dragon tattoo and another 15 for Christopher Nolan's dark knight rises so that these talented directors can continue to have the financial resources to further push the envelope of high budget cinematic achievements (that i consider as art)."}
{"_id": "53155", "title": "", "text": "Free Wire Transfers You get better deals on wire transfer fees from brokerage firms and mutual fund companies. Vanguard doesn\u2019t charge a wire transfer fee if the amount of the wire is over $5,000; the fee is only $5 if the amount is between $1,000 and $5,000. Fidelity doesn\u2019t charge a wire transfer fee if your total household balance at Fidelity is above a certain amount ($15 otherwise). Schwab gives you three free domestic wire transfers per quarter if your total household balance at Schwab is above a certain amount ($25 otherwise). Incoming wires are free at Vanguard, Fidelity, and Schwab. Business checking accounts sometimes get free wire transfers. For example you get 10 free wire transfers every month (5 incoming, 5 outgoing) with HSBC\u2019s free no-minimum-balance Business Direct checking account. Some premium level personal checking accounts also give free wire transfers. For example if you have Premier Checking\u00a0at Northwest Federal Credit Union ($50,000 minimum balance or $10 monthly fee), you get free outgoing domestic wire transfers. The Vanguard information in that article appears to be dated: they seem to allow free outgoing wire transfers without caveat even from the minimal, fee-free account. I am aware of PNC's Performance Select checking account, which allows unlimited free domestic wire transfers. The fee for this account is $25 per month, which would be around $5 per weekly transfer. Alternatively, the fee is waived if you maintain a $5000 minimum balance or $5000 direct deposit."}
{"_id": "53177", "title": "", "text": "\"There's a reason that you get a discount code: to make you feel like you're getting a deal. A deal is what you get when there was something that you were already going to buy, and you got it for a lower price than you were going to originally spend on it. If you learn to look at \"\"rewards\"\" as a marketing ploy that is designed only to get your business, then it's easier to ignore them. But if you really do want a thing, and is is a thing that you are going to use, then by all means, go for it! Buy it, and use those rewards and enjoy them. Otherwise you're just giving your money to someone else for no good reason. And if you want to do that, you should just give it to me. At least I'm honest about it :)\""}
{"_id": "53200", "title": "", "text": "\"In my opinion, you can't save too much for retirement. An extra $3120/yr invested at 8% for 30 years would give you $353K more at retirement.  If your \"\"good amount in my 401k\"\" is a hint that you don't want us to go in that direction, then how about saving for the child's college education? 15 years' savings, again at 8% will return $85K, which feels like a low number even in today's dollars, 15 years of college inflation and it won't be much at all.  Not sure why there's guilt around spending it. If one has no debt, good retirement savings level, and no pressing need to save for something else, enjoying one's money is an earned reward.  Even so, if you want a riskless 'investment' just prepay the mortgage. You'll see an effective return of the mortgage rate, 4%(?) or so, vs the .001% banks are paying. Of course, this creates a monthly windfall once the mortgage is paid off, but it buys you time to make this ultimate decision.  In the end, I'd respond that similar to Who can truly afford luxury cars?, one should produce a budget. I don't mean a set of constraints to limit spending in certain categories, but rather, a look back at where the money went last year and even the year before that. What will emerge are the things that are normal, the utility bills, tax bill, mortgage, etc, as well as the discretionary spending. If all your current saving is on track, the investment may be in experiences, not financial products.\""}
{"_id": "53214", "title": "", "text": "Canine Dimensions Dog Training in Northern Virginia--To properly train a dog usually requires professionals to help you do it the right way. Dog training is a great way to have your dog behave, listen, get along with others, and become obedient. With the right dog training from Canine Dimensions you will be able to enjoy your dog for the rest of your life."}
{"_id": "53215", "title": "", "text": "If this is a publicly traded company, I'd be thinking the shareholders should take a long hard look at this.  This is a man who hates his employees more than he likes money.  A spite-based decision is obviously going to be inferior to a money-based decision.  And shareholders want money."}
{"_id": "53225", "title": "", "text": "One approach would be to create Journal Entries that debit asset accounts that are associated with these items and credit an Open Balance Equity account. The value of these contributions would have to be worked out with an accountant, as it depends on the lesser of the adjusted basis vs. the fair market value, as you then depreciate the amounts over time to take the depreciation as a business expense, and it adjusts your basis in the company (to calculate capital gains/losses when you sell). If there were multiple partners, or your accountant wants it this way, you could then debit open balance equity and credit the owner's contribution to a capital account in your name that represents your basis when you sell. From a pure accounting perspective, if the Open Balance Equity account would zero out, you could just skip it and directly credit the capital accounts, but I prefer the Open Balance Equity as it helps know the percentages of initial equity which may influence partner ownership percentages and identify anyone who needs to contribute more to the partnership."}
{"_id": "53244", "title": "", "text": "The one thing we know for certain is that holding large amounts of cash isn't ideal - inflation will eat away at your wealth. It's understandable that you're hesitant to put all your wealth in common stock. The S&P 500's price/earnings is 18.7 right now - a little high by historical standards. But consider that the S&P 500 has given a CAGR of approximately 10% (not inflation-adjusted) since 1970. If you don't time the market correctly, you could miss out on considerable gains. So it's probably best to invest at least a portion of your wealth in common stocks, and just accept the risk of short-term losses. You'll likely come out ahead in the long run, compared to an investor who tries to time the market and ends up holding cash positions for too long. If you really think US stocks are overpriced, you could look at other markets, but you'll find similar P/Es in Europe and Japan. You could try an emerging market fund like VEMAX if you have the risk tolerance. Let's say you're not convinced, and don't want to invest heavily in stocks right now. In the current market, safe cash alternatives like Treasury bills offer very low yields - not enough to offset inflation tax. So I would invest in a diversified portfolio of long-term bonds, real estate, maybe precious metals, and whatever amount of stock you're comfortable with."}
{"_id": "53255", "title": "", "text": "How the ruddy hell can a business keep on reporting increase in profits year over year, especially an entity like mcdonalds in a field like fast food. Deeply entrenched in a fast paced competition, and yet stable with its universal brand recognition. Unless you expand into fringe markets like infant fast food or some bizarre explored stuff like that."}
{"_id": "53263", "title": "", "text": "The information on GOOG or other sites is the average price of the stock and is indicative of the price at with the stock would be available. The actual trades happen at different values throught the day ...  So the prices are good for most purposes and if you need the exact prices, you can thne decided to log into you trading terminal and get the actual quotes   This is similar to FX quotes or any other such quotes and give you a general sense"}
{"_id": "53269", "title": "", "text": "Posting professional links to contact a congressman or the CEO of some company is probably fine, but don't post anything inviting harassment, don't harass, and don't cheer on or vote up obvious vigilantism GO ON AND ASK A BANKER, ASK ANY OF EM GUARANTEED CONTACT INFORMATION. AS HIGH AS IT GETS. HOME ADDRESSES AND #s  http://www.contact-the-ceo.com/bank-of-america-ceo.html   http://www.contact-the-ceo.com/bank-of-america-ceo.html   http://www.contact-the-ceo.com/bank-of-america-ceo.html   http://www.contact-the-ceo.com/bank-of-america-ceo.html"}
{"_id": "53278", "title": "", "text": "Net neutrality has nothing to do with whether or not the NYT is allowed to charge you for a subscription.   It's about making sure that ISPs can't charge you more for the privilege of accessing the NYTimes instead of using the news sites they control or choose to allow for free."}
{"_id": "53352", "title": "", "text": "A few years ago, I did something like this at a Wells Fargo; I realized I could put money into an IRA a few days before 4/15, and was able to walk in to the main branch and do the whole thing in under an hour."}
{"_id": "53353", "title": "", "text": "There are many financial reasons why a bank would not want to allow this. While making a note of them does not answer your question, I think it's important to note why traditional CD products do not allow such contributions. Below are two reasons. If a bank wanted to offer such a product they could hypothetically create mechanisms to account for the above And guess what these types of accounts exist ... they are called savings accounts. They allow regular deposits, but often have variable interest rates, charge fees if you don't make regular deposits, or offer interest rates below a typical CD. Note you say you understand what a CD ladder is, but you haven't explained why you don't want to do it. It sounds like what you want is the convenience of a savings account but with the higher interest rate of a CD. Unfortunately, you have to give up a bit of interest if you want this convenience."}
{"_id": "53367", "title": "", "text": "There could be worse ideas.  You could keep shoveling money at things that haven't worked.  It's not that far from Chicago; the shores of Lake Michigan (Michigan side, obviously) are already a top weekend getaway spot for Chicagoans.  I wish them luck -"}
{"_id": "53378", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-britain-economy-idUSKBN19U11N) reduced by 79%. (I'm a bot) ***** &gt; LONDON The chances of Britain&amp;#039;s economy picking up steam diminished further on Monday as surveys showed major companies have curtailed their investment plans and that consumers spent less on their credit cards.  &gt; The survey&amp;#039;s findings have proven a good predictor for the BoE&amp;#039;s own investment intentions survey which BoE officials watch closely as part of their monitoring of Britain&amp;#039;s economy.  &gt; Rate-setter Michael Saunders said last week he was &amp;quot;Reasonably confident&amp;quot; that an improvement in exports and investment would more or less offset the consumer slowdown.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mkilz/big_uk_firms_curtail_investment_plans_consumer/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~164319 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **survey**^#1 **BoE**^#2 **investment**^#3 **Deloitte**^#4 **year**^#5\""}
{"_id": "53419", "title": "", "text": "Brinker Creek. Located 3 miles west of Highway 131 and southwest of Yampa. Hunting unit 26, timber consists of oak and Aspen. Has irrigated hay meadows. Good elk and deer hunting, this lease also has antelope. Lodging consist of excellent log cabin, that will sleep 6. Furnished. Has Brinker creek running through the property for two and a half miles, excellent fishing in the area. Very close to Routt National Forest. Has landlocked BLM on it. Has ridges and Aspen bottoms, with a  8 differ drainage running through it. http://www.coloradoprivateranches.com/a/lease-2-brinker-creek-ranch-g-five-2-2800-per-hunter-.html"}
{"_id": "53431", "title": "", "text": "I would suggest that oil stocks are going down due to reduced earnings predictions.  The market may go too far in selling off oil and oil-related stocks.  You may be able to pick up a bargain, but beware that prices may continue to fall in the short to medium term."}
{"_id": "53434", "title": "", "text": "\"Well, perhaps \"\"have a dedicated tax advisor\"\" is an answer then. I   wouldn't have thought of this, as it's not specifically about   taxation, is it? Or more broadly \"\"consult with a dedicated   professional for the situation in detail\"\"... Yes, that is the only real answer you can get. Anything else will vary between highly localized to entirely incorrect. Pensions are rarely defined benefit anymore, and not many countries still keep state-sponsored defined benefit pension plans. For most, what's left is Social Security system, which is in no way a pension. This is an insurance, and is paid as tax which is rarely refundable (but you won't always have to pay it if you're a foreigner in the country). Usually, Social Security benefits are only available to citizens and (/or, in some rare cases) residents of that country. So it is unlikely (although possible) that you'll benefit from social security payments of more than one country. Some countries have totalization treaties that make your social security payments in one count in the other. If you're in a country that has such an agreement with the Netherlands - you're lucky. Your personal pension savings are basically tax-deferred investment accounts. But tax deferral in one country doesn't necessarily work in another. In the US you have 401k or IRA accounts, but in your own country they may very well be taxable. So you gain the tax deferral in the US, but if your own country taxes them - you lost the benefit, and you will still have to abide by the US tax rules when taking the money out. If you don't plan properly you can easily be hit by double taxation in such cases. Bottom line, you need to plan your pension savings on your own, privately, with a good and solid tax advice (and pension planning advice) that would be relevant to all the countries that you are tax resident at at any given time (you can easily be resident for tax purposes in more than one country). These advisers have to take into account the laws of the countries involved, the tax treaties between themselves and between them and the country of your citizenship,  and the future countries you're planning on visiting or getting old at. Its complicated, and most likely you won't be able to predict everything, especially because the laws and treaties tend to change over time.\""}
{"_id": "53439", "title": "", "text": "I saw this 9 days ago, then saw this on shark tank a few days ago.   Shark Tank - Worst Pitch Ever #3 - Tycoon Real Estate https://www.youtube.com/watch?v=eP7BWMLHjOk   Googled Tycoon, and it looks like they sold out. Anyways, thought I'd share.  upequity"}
{"_id": "53447", "title": "", "text": "Is this a reasonable goal or will it be impossible to get a loan with   my almost non-existent income? I know I can put estimated rental revenue as income, but I'm not sure   if I would qualify. Banks typically only count rental income after you've been collecting it for two years, and at that point the banks will count 75% of it as income for loan qualification purposes.  You'd have to qualify for the mortgage without the potential rental income. Currently that means a 43% debt (including proposed mortgage) to gross income ratio. Even if you qualify, you have to be prepared to handle repairs, HVAC/water-heater could fail on day 1, and tenants have a right to withhold rent if some repairs aren't made. You also have to be able to weather non-payment/eviction of a tenant. You could find a co-signor, maybe go in on a house with a friend, but there are risks and complications that can arise there if a party becomes unable to pay, or deciding how to split equity and expenses.  If you had the income/capital to comfortably pull it off without tenants, then that'd be a great situation, college rentals tend to be lucrative (I'd recommend getting tenants with parental co-signers to reduce risk). If you qualify but would be in trouble quickly if one tenant stopped paying, or a major appliance needed to be replaced, then it's probably not worth the risk."}
{"_id": "53468", "title": "", "text": "\"The U.S. requires money transfer services to be licensed under 31 USC 5330 in addition to any applicable laws at the state level.  According to multiple sources online, including the thread referenced by MD-Tech's answer, OkPay either cannot or will not get a license, so they are out. I dug on this a bit more because I thought it was interesting, and OkPay has other issues with U.S. and other regulators related to its interaction with Bitcoins, which themselves are a hot potato for regulation right now and may explain the licensing problem.  It seems to also be facing regulatory pressure in other countries, by the way, so it's not strictly a problem they face in the U.S.  Just for whatever reason, the problem is greater here.  Some interesting summary points: With mounting pressure on online money exchanges from US regulators, payments processor OKPay has announced that it is suspending processing for all Bitcoin exchanges, including industry leader Mt. Gox. ... Earlier this month, the US Department of Homeland Security seized Mt. Gox's account with mobile payment processor Dwolla, on allegations that the account was in violation of US Code 18 USC \u00a7 1960 by operating an \"\"unlicensed money transmitting business.\"\" Just where the Bitcoin market falls under US law is unclear, because the legality of Bitcoin transactions has yet to be tried in court and law enforcement has refused to comment on ongoing investigations, such as the Dwolla case. http://www.theregister.co.uk/2013/05/29/okpay_suspends_bitcoin_processing/ In March, the US Treasury said any firms dealing in the virtual currency would be considered \"\"money services businesses\"\" just like any other, which means they must hand over transaction information to the government and work to prevent money laundering. http://www.theregister.co.uk/2013/05/15/mt_gox_us_court/ In the UK, it apparently has also had trouble with banking partners (quoting a OkPay official regarding changing bank providers): The UK bank that we used before did not make a final decision on whether to handle transactions in favour of crypto-currencies or not. Therefore the compliance department of the bank asked us to restrict such transfers. This apparently allowed them to reverse a policy in the UK: OKPAY's policy shift comes just months after it stipulated that GBP users check a box, verifying that their funds would not be spent on cryptocurrency, a feature that further incited users. http://www.coindesk.com/okpay-gbp-bitcoin-transactions/ I hadn't heard of this company prior to your question, but having done some research, I tend to think that at least the part of this quote about language, attributed to a user, is true: OKPAY are quite paranoid about AML and another problem is that their support people seem to be very bad at English, so their replies are often hard to understand. Their support are also slow [sic]. However in my experience they are an honest company. I found at least one case where rumors that the entire company were going to shut down were traced back to a poorly translated message issued by the company. Again, I know only what I read just now about this company, but it looked like there were a few red flags - the problems with the US probably not being the most important.  This type of service is probably part of the future, but I'm not sure that I'd send money through it now in its current state or organization and regulation.\""}
{"_id": "53482", "title": "", "text": "&gt;At some point you can no longer take on more debt even if you wanted to. If global and domestic investors think you are going to be a risky investment then they cut you off.  The *issuer* of a currency can't be cut off from spending in the currency they issue."}
{"_id": "53496", "title": "", "text": "First, if you haven't seen it yet, check out the IRS Taxpayer Advocate Service's I Don't Have My Refund page.  It discusses different things that can go wrong with receiving your refund and what to do about it. From your post, it sounds like you've tried all of the normal things to do, and you've tried calling in to the IRS.  What you might not know is that there are local IRS offices that you can visit and talk to a real person face-to-face.  Hopefully, you'll find someone helpful there who can either explain to you what is going on or put you in touch with someone who can help.  To find your local IRS office, go to the Contact Your Local IRS Office page and click on the Office Locator button.  Office visits are generally by appointment only, so you'll need to call the number for the office you want to visit and make an appointment. Alternatively, if you can't get anywhere with the IRS, you could contact the Taxpayer Advocate Service, which is an independent organization within the IRS that exists to help people with disputes with the IRS, and they have an office in every state.  You could try contacting them and seeing if they can help you with your issue. To answer your question about this year's tax return: At least for the federal return, your refund from last year does not really affect this year's tax return.  You should be able to file this year's return no matter what happens with last year's refund.  That having been said, you should get the refund matter straightened out as soon as you can. Good luck."}
{"_id": "53497", "title": "", "text": "Agreed. A fair wage outweighs a tip every time (for the consumer anyway, not a guarantee for the worker).   The more services that can be had via an app that takes any of the worry regarding who to tip / how much out of the equation the better."}
{"_id": "53503", "title": "", "text": "The CIA employs people to monitor tweets, not to delete them if it doesn't fit with the views of the Democratic Party, huge difference. I would be surprised if they didn't monitor tweets, its a huge amount of free and open information.   However, lots of sites, like youtube, have monitors like this to try to prevent copyright infringement, a much more disturbing parallel."}
{"_id": "53520", "title": "", "text": "The reason they want the transaction to go through is because they make money that way. Remember the overdraft protection might incur a fee. If it does their experience may show them that the fee is a greater source of profit when balanced against the losses incurred because of insufficient funds. Even free overdraft transactions are limited. If they didn't want to make money they would have a way to make sure that multiple overdrafts in a short time window wouldn't require multiple protection events. Remember each time they transfer funds they only bring you to zero. As it is now the coffee you buy after putting money on your subway fare card might also trigger an overdraft transfer."}
{"_id": "53531", "title": "", "text": "Only select items. First - I agree, beware the Goldfish Factor - any of those items may very well lead to greater consumption, which will impact your waistline worse than your bottom line. And, in this category, chips, and snacks in general, you'll typically get twice the size bag for the same price as supermarket. For a large family, this might work ok. If one is interested in saving on grocery items, the very first step is to get familiar with the unit cost (often cents per ounce) of most items you buy. Warehouse store or not, this knowledge will make you a better buyer.  In general, the papergoods/toiletries are cheaper than at the store but not as cheap as the big sale/coupon cost at the supermarket or pharmacy (CVS/RiteAid). So if you pay attention you may always be stocked up from other sources. All that said, there are many items that easily cover our membership cost (for Costco). The meat, beef tenderloin, $8.99, I can pay up to $18 at the supermarket or butcher. Big shrimp (12 to the lb), $9.50/lb, easily $15 at fish dept. Funny, I buy the carrots JCarter mentioned. They are less than half supermarket price per lb, so I am ahead if we throw out the last 1/4 of the bag. More often than not, it's used up 100%.  Truth is, everyone will have a different experience at these stores. Costco will refund membership up to the very end, so why not try it, and see if the visit is worth it? Last year, I read and wrote a review of a book titled The Paradox of Choice. The book's premise was the diminishing return that come with too many things to choose from. In my review, I observed how a benefit of Costco is the lack of choice, there's one or two brands for most items, not dozens. If you give this a bit of thought, it's actually a benefit."}
{"_id": "53538", "title": "", "text": "Silver and gold are money. They always have been. When the Euro collapses (soon) and dollar inflation enters the steep part of the parabolic curve of death please remember this conversation. Please remember that by trying to look smart you didn't invest in gold and silver."}
{"_id": "53541", "title": "", "text": "18% top line growth, and a resulting 22% increase in their bottom line (on a GAAP basis). Annualized revenues come in at $13.6b - assuming no seasonality in the summer months and stagnant growth.   This gives us an implied valuation multiple of ~5x estimated annual revenues, which, for a tech company blasting in popularity, isn't the worst we've seen in this environment.    I don't have enough details of what volume stock comp, scaling/infrastructure costs, and professional fees are driving the loss.  Maybe their cash flows from operations are solid, maybe not.  Regardless, the top line growth and operating leverage are impressive. My two cents."}
{"_id": "53543", "title": "", "text": "THEIR NAMES ARE GOGO AND KELLY. Our African Grey babies are very sweet, enjoy being with their humans and are well socialized. We offer a warranty with your purchase. So call today if your interested in having us raise a baby for you and/or your family. Visit now: http://classicexoticbirds.com/product/gogo-and-kelly-parrot-in-america/"}
{"_id": "53544", "title": "", "text": "A matching pension scheme is like free money. No wait, it actually IS free money. You are literally earning 100% interest rate on that money the instant you pay it in to the account. That money would have to sit in your credit card account for at least five years to earn that kind of return; five years in which the pension money would have earned an additional return over and above the 100%. Mathematically there is no contest that contributing to a matching pension scheme is one of the best investment there is. You should always do it. Well, almost always. When should you not do it?"}
{"_id": "53568", "title": "", "text": "\"SECTION | CONTENT :--|:-- Title | Jamie Oliver Shows School Kids How Chicken Nuggets are made Description | As part of his school lunches program, Jamie Oliver tries to take on the most stubborn kids. He decides to show them how Chicken Nuggets are made - by blending the skin and \"\"mechanically reclaimed\"\" meat. Length | 0:02:36           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)\""}
{"_id": "53571", "title": "", "text": "Can't really blame them. It's bad enough just trying to stay regional much less within the US. Levi's built a manufactoring plant in Haiti and just walked away from it without making anything. I wonder if the manufacturing could take place on an oil tanker traveling back and forth from India?"}
{"_id": "53577", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-06-21/the-wrong-kind-of-entrepreneurs-flourish-in-america) reduced by 91%. (I'm a bot) ***** &gt; In an influential 2014 paper, Thomas Philippon speculated that financial industry profits and salaries rose spectacularly since 1980 because banks, securities firms and fund-management companies found new methods for extracting rent.  &gt; Big companies are shelling out increasingly big bucks for patents, just to shield them against competitors&amp;#039; lawsuits.  &gt; Some states forbid car companies from selling directly to buyers, while others protect credit-card companies by banning retailers from passing on swipe fees.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6j3gaq/the_wrong_kind_of_entrepreneurs_flourish_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~151063 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **Rent**^#2 **big**^#3 **new**^#4 **government**^#5\""}
{"_id": "53583", "title": "", "text": "Good time to mention the US is also the only country (besides Eritrea) to tax citizens on their worldwide income *regardless of their residency.* And yes, this is very strongly enforced against Average Joes who happen to have dual citizenship but have lived in Canada or UK or what not for the past 30 years. Through FATCA they've coerced global banks to hand them account data on all US citizens.  Who knew a country borne out of a tax protest against an empire would become the most imperialist tax regime in the world?"}
{"_id": "53596", "title": "", "text": "Every guy has usually more sexual thoughts than ladies, that is clearly proved. More difficult is than having to choose between several guys for the reliable partner. Some guys like to housewife and he wants to housewife sex.  You can basically make relatively good experiences at our online dating service. Therefore is a completely clear matter. The real love seeks every man, at any rate, you'll find it once. Whole easy to find the right partner through  Audating Site."}
{"_id": "53601", "title": "", "text": "\"There's an old saying:  \"\"Never invest in anything that eats or needs maintenance.\"\" This doesn't mean that a house or a racehorse or private ownership of your own company is not an investment.  It just points out that constant effort is needed on your part, or on the part of somebody you pay, just to keep it from losing value.  Common stock, gold, and money in the bank are three things you can buy and leave alone.  They may gain or lose market value, but not because of neglect on your part. Buying a house is a complex decision.  There are many benefits and many risks. Other investments have benefits and risks too.\""}
{"_id": "53602", "title": "", "text": "There are a few options that I know of, but pretty much every one of them will cost more than you want to pay in fees, probably.  You should be able to write a check/cheque to yourself.  You might check with your US bank branch to see how much of a limit they'd have.  You can also use a Canadian ATM card at a US ATM.  The final option would be to use a Canadian credit card for all of your purchases in the US, and then pay the bill from the Canadian bank account.  I don't recommend the last option because if you're not careful to pay off the bill every month, you're running up debt.  Also, it's hard to pay some kinds of expenses by credit card, so you'd want a way to have cash available. Another option would be to use a service like Paypal or Hyperwallet to send yourself the money.  Again, you'd be paying fees, but these might be cheaper than what the bank would charge. There may be other options, but these are the ones I'm aware of.  Whatever you choose, look carefully at what the fees would be, and how long you'd have to wait to get the money.  If you can plan ahead a bit, and take larger chunks of money at a time, that should help keep the fees down a bit.  I believe there's also a point where you start having to report these transfers to the US government.  The number $10,000 stick in my head, but they may have changed that recently."}
{"_id": "53610", "title": "", "text": "\"I love this part:  &gt;...and that theft is being combined with consumer fraud\u2026Consumers are purchasing these goods, they\u2019re sending their credit card information to these anonymous offshore companies, and they\u2019re receiving defective goods.  They try to turn it around to make it sound like they're on our side. \"\"We're fighting *for* you! We're trying to protect you from the bad guys!\"\"\""}
{"_id": "53628", "title": "", "text": "When it comes to photographic representation of an art work, Geclee is one of the best methods. It is widely used today for display and decoration purposes. Geclee is popular for many reasons. If you have an art work that you want to display at your home or in an exhibition, then Geclee is the best option."}
{"_id": "53637", "title": "", "text": "\"&gt;No, virtually ever item in the CPI is adjusted using hedonics, which by definition can only be used to lower inflation, not adjust it up.  Wow. Just wow.  Let's analyze this:  &gt;virtually ever item in the CPI is adjusted using hedonics  How does one apply hedonics to energy? There are so many items in the CPI basket for which this does not even make sense I don't know where to begin with such a blanket statement. [Here is how the BLS computes CPI](http://www.bls.gov/cpi/cpifaq.htm#Question_6). Note the categories, and that they currently track hundreds of goods in each of about 200 categories, totaling tens of thousands of goods. With a little digging you can find the weighting. [Here is the list of what they apply hedonic weights to](http://www.bls.gov/cpi/cpihqaitem.htm). It is a vastly smaller subset of all goods tracked, and the weightings makes them not affect overall CPI much *at all*. All the precise methodologies are listed on the BLS site, and you can track it all down. As stated below, someone has done the analysis (and there is a PDF on the site) and they obtained that incuding hedonic items affects inflation only by 0.005 percent per year.   &gt;which by definition can only be used to lower inflation  By your definition? The actual definition does not force either direction. In reality it adjusts up and down as clearly shown in BLS reports, which I'll link below.   &gt;, not adjust it up.  As I'll list below, it in fact does go both ways.  Finally, analysis of hedonics seems to indicate it has a miniscule effect on inflation rates, again papers are cited in the link shown below.  [Critics often incorrectly assume that BLS only adjusts for quality increases, not for decreases, and that hedonic adjustments have a large downward impact on the CPI. On the contrary, BLS has used hedonic models in the CPI shelter and apparel components for roughly two decades, and on average hedonic adjustments usually increase the rate of change of those indexes. Since 1998, hedonic models have been introduced in several other components, mostly consumer durables such as personal computers and televisions, but these newer areas have a combined weight of only about one percent in the CPI. A recent article by BLS economists estimated that the hedonic models currently used in the CPI outside of the shelter and apparel areas have increased the annual rate of change of the All Items CPI, but by only about 0.005 percent per year.](http://www.bls.gov/cpi/cpiqa.htm#Question_4).  &gt;inflation represents how the value of the dollar has accrued vs the value of a 20\"\" TV, which is what the definition of inflation is.  No, inflation must measure the price *of the same good* over time. When some goods are no longer available, other goods must be investigated to provide continuity in the comparisons. Otherwise you'll have me comparing the price of a horse to the price of a car since they both provide transportation, yet over time one replaces the other, and direct comparisons on $ alone does not accurately measure what one gets for their money.  You cannot compare the cost of different goods purely on price alone and call that inflation.  &gt;So, no, I don't think you're correct on this.  Well, [since other places that track inflation](http://bpp.mit.edu/) arrive at very similar results using different methodologies, and a vastly larger pool of goods I think that you overstate that the changes did not increase accuracy of inflation measurement.  &gt;This is also kind of glossing over the fact that the CPI essentially makes the bold argument that energy and transportation prices never affect inflation.  CPI makes no such claim. What do you think caused inflation in the early 1970s when oil prices shot up? [Here is the most recent CPI data release from BLS](http://www.bls.gov/news.release/cpi.nr0.htm) which quite clearly shows both energy and transportation changes being reflected in the CPI.  I think when you make a claim you should at least look up if it matches the actual data. This is tiring trying to find evidence for/against so many dogmatic beliefs.\""}
{"_id": "53639", "title": "", "text": "Necklaces are extra like a sign of class within the present iteration. Humans could have a lot of options and designs to prefer from jewelers and will have an opportunity to create their own design situated on the supply. It's certainly a excellent funding for folks to purchase any form of awesome name necklace, because it could aid you construct a fame and fetch extra money someday. Necklaces would on the whole be luxurious than any other pieces of jewelry, because the utilization of metallic would normally be high than other kinds."}
{"_id": "53641", "title": "", "text": "Why does everything have to be low margin and low cost? Why can't it be decent healthy products and jobs, and consumers paying the cost because your average consumer is getting paid more.   As far as an agenda, what better agenda than supporting people getting paid a livable wage, and both the employees and company thriving!"}
{"_id": "53649", "title": "", "text": "I think cash, travelers checks (little iffy about this one: they're legal tender cash equivalents), and money orders are the only ones that you'd be a little weird to not accept. You certainly don't have to accept regular checks, credit cards, or barter. In the end though, you don't HAVE to accept anything. Accept only small bills, accept only checks from certain banks, accept only the diners card.  Your sale, your rules."}
{"_id": "53655", "title": "", "text": "Jesus, I hate this.  They aren't doing you a favor, no sane person would consent to being tracked by a company.  Congrats, uber, on no longer being an asshat, but why companies doing what they're supposed to do is newsworthy is beyond me.  It's like a headline saying that ikea will no longer rob you at gunpoint."}
{"_id": "53665", "title": "", "text": "The IRS no longer requires that employers submit all W4 forms, but they can request a W4 for an employee at any time, and putting false information on your W4 is still a punishable offense.   I agree that having a return is like giving the Treasury Department an interest-free loan for the year, but unfortunately paying the appropriate amount of withholding tax is required.   There is some ambiguous information regarding an employer adjusting the amount of withholding, but it seems to mean that they can withhold more than the estimated rate, but never less than what is calculated using the deductions on your W4. See the link for more details: IRS Tax Withholding"}
{"_id": "53669", "title": "", "text": "Options do act, somewhat, like insurance.... However.... An insurance policy will not have such short term expiration time frames. A 20 year term life insurance policy can be thought of as insurance with an expiration. But the expiration on options is in weeks, not decades.  So (IMO) options make terrible insurance policies because of the very short term expirations they have."}
{"_id": "53678", "title": "", "text": "If you repair your phone, when your current balance is paid off, could you get the same coverage for less money? Or would your monthly payment remain the same regardless? That would be the easiest comparison to make.  ie: Pay an extra $49 to have the phone replaced [ie: the cost of using the insurance program for $149, vs the cost of buying out your plan for $100], get a slightly worse phone instead of upgrading, but save $15 / month for the next 2 years. This would pay off economically within 3-4 months, but the phone would be older (not sure if you care about that)."}
{"_id": "53694", "title": "", "text": "This is horse-trading, *not business*.  But if Person 2 has an offer for 38K, then the item is sold, and he's not even talking to you. But if he IS talking to you, and he has a deal with the 38K man, and you offer 39K, and he accepts, that is known as gazumping; backing out of an agreed sale for a higher offer.  Given that a verbal agreement is legally binding - gazumping is illegal.  BUT! Sale price is always dependent on two things; a willing seller and a willing buyer. Without these two things, no sale can take place. And price is immaterial unless one of the parties is mentally deficient; if both parties agree to a sale price, then a valid sale can take place.  People place different values on things, and that is why an item can sell, and both parties can be happy! You might have been happy to pay 40K for the item, and consider 39 a bargain. The seller might only have wanted 35, but wanted to see how high he could push you, to try to find out what YOUR highest possible price is for the item.  If you are actually in business, then trading on lies is a recipe for failure. Uber is a great example of company founded on lies, which exploits morons, and which operates illegally in every location. Uber will never succeed, because it does not operate in a truthful, transparent, or legal manner.  Practicing lying in business is a great way to get a bad reputation really quickly. And in many instances, lying will be breaking the law. Lying about warranties, materials, things like that."}
{"_id": "53736", "title": "", "text": "Suck it up. You will need the experience. Also have to remember pretty much wherever you start your first few years will be awful, truly awful; especially considering you will probably work for an american bank, which are notorious for long hours and face time.  Even if you learn nothing you can still say you did. Having that on your CV is worth miles more than nothing."}
{"_id": "53737", "title": "", "text": "&gt; Paternity leave. The situation now allows managers to hire a man over a woman because he can't take off when he has a child. Requiring that he be offered the same or similar option reduces or eliminates that incentive for hiring a man instead of a woman.  This is a good idea.  Of course, with every upside there is a downside. The downside is that it will become an age-discrimination thing, and all people under 40 will have a harder time getting jobs.  **edit: took the wrong quote**"}
{"_id": "53744", "title": "", "text": "\"Its worse than \"\"won't create jobs\"\".  It will destroy jobs.  The main reasoning is partly in the article:  \"\"tax rates don't matter if an investment is a good idea\"\"  Job destruction occurs because there is less of a tax deduction for spending:  http://www.naturalfinance.net/2012/04/economic-justification-for-taxes-and.html  Executive assistants, newer computers, phones and company cars, conferences in Hawaii are all non-essential spending that when there is less of a tax deduction for that spending, get cut.  Normally investments are risky.  Paying for a google ad if it fails, at least gives a tax deduction.  Lower tax rates, means failures cause all of that investment to be lost.\""}
{"_id": "53749", "title": "", "text": "As mentioned in the comments: According to the message from the exchange all trades at or below $5.86 that were executed in NASDAQ between 09:38:00 and 09:46:00 ET got canceled.  If the short doesn't fall into those criteria but the long does, though luck the long is invalid, the short is valid.  Traders that got the short end of the stick in the end, should contact their brokers and inquire about this situation. Depending on the terms of the broker the short might get canceled as well. If not, then it's up to the market. The trader can keep or close the short. IMO, what the person in question should have done is hold on to the trade and see what happens at the end of the trading day.  He should've realized something was wrong when the price went from 8.xx to 0.8x."}
{"_id": "53755", "title": "", "text": "Not all miles carry the same amount of risk. A survey by Progressive indicated that accidents are most likely to occur within 5 miles of home, and 77% of accidents occur within 15 miles of home. Only 1% of accidents occurred 50 or more miles from home. That's from 2002, but it seems unlikely to have changed much. Since the miles closest to your home carry more risk, they cost more, and low-mileage discounts reflect that. There are per-mile insurance options in a few states which could save you money, but they do constant monitoring via that ODB2 telematics device, and other insurers offer discounts if you accept their monitoring either in perpetuity or for a limited period of time.  Without monitoring, insurers don't know if that 4,000 miles of driving is spread into a few mid-day trips each week, or maybe you're doing all that driving from midnight to 4am on weekends (fatalities far more likely), or from 5-7pm during weekdays (accidents far more likely). Personally, I save ~10% by being a 'low-mileage' driver, and am currently in the middle of a 90-day monitoring, so might go lower, but given that accidents are far more likely close to home, 10% feels pretty significant and appropriate."}
{"_id": "53756", "title": "", "text": "So what you are saying is that it makes no difference whether we have low wage workers for lower prices (and consequently less money to be spent back into the economy by low wage people ) or high wage workers and higher prices (and in this case more money to be spent back into the economy by high wage workers) ?"}
{"_id": "53782", "title": "", "text": "Its sad to watch how selfish the reddit community is.  These people only care about what will make THEIR lives easier.  So many of these people working for Walmart are because of a horrible socioeconomic status.  They had bad parents, poor schooling, and horrible peers.  They had little chance to make something of their selves, and most has zero.  Instead of having compassion for these people, you shun them.  Humanity really doesn't deserve to be blessed with so much potential and a planet like this."}
{"_id": "53801", "title": "", "text": "But how often can you really do this? I get texts from my friends all the time regarding any big games on so the tape delay doesn't work. Also sports are a mostly social viewing experience and lend themselves to the sports bar or BBQ environment where again the tape delay won't work."}
{"_id": "53814", "title": "", "text": "lets sat If I buy a house on company's name, It will declared as expense and will deduct from profit. but I am not sure If I can rent it out as a IT LTD company. that's my questions. Buying a house is not an expense, it is a transfer of assets.  The house itself, is an asset.  So if you have $100,000 in cash, buy a house for $35,000, your total assets will remain the same ($100,000), but your asset mix will be different (instead of $100,000 in cash, you now have $65,000 in cash, and $35,000 in property). You can expense the costs associated with buying the house (e.g. taxes, interest, legal fees), but the house itself stays on the asset side of your balance sheet.  To refine the example above, if you buy the house for $35,000, and pay $5,000 in misc fees related to purchasing the house, your assets are now $95,000 ($60,000 in cash, $35,000 in house): the $5,000 reduction is from the actual fees associated with the purchase.  It is these fees that lower your profit. Being not familiar with UK rules, in Canada and the US, and likely the UK, you would then depreciate the house over its useful life.  The depreciation expense is deducted from your annual net income. If you rent out the house, what you can do is expense any maintenance fees, taxes, etc., on the house itself.  This expense will count as a negative towards the rental income, lowering your effective taxable income from the rental.  E.g. rent out a flat at $1,000/month, but your property taxes are $3,500/year, so your net income for tax purposes (i.e. your taxable income in this case) is $12,000-$3,500=$8,500."}
{"_id": "53820", "title": "", "text": "Hello all, Ive recently accepted a job at one of the big banks as a marketer. Ideally this role leads to becoming a financial advisor. I was wondering if there is anyone here has experience with that career path-starting as a marketer and becoming an FA- and if it was worth doing it over going to grad school or whatever other career interests you had. Also, what were your hours like when you first started? Ive heard horror stories about people coming in before 7 and staying after 7..."}
{"_id": "53822", "title": "", "text": "You can use a used paint brush to scrub the frame and loosen the dust and the same technique can also be implemented on uPVC Windows and windows as well. The dust, dirt, cobwebs, etc., can be further removed using a vacuum cleaner. You should totally avoid abrasive sponges and clothes along with harsh creams and cleaning solutions, as they might cause permanent damage to uPVC windows as well as awning windows Melbourne."}
{"_id": "53839", "title": "", "text": "Well first of all, they clawed back 75 mln of those bonuses paid out, so they really didn't get paid that money.  Second, not every executive, not even probably more than one executive, was even aware this was happening. There is one who **might** have known it was happening, but the reality is that a lot of these decisions and plans are implemented several levels down from the executive team. The executives do not get involved in day to day shit typically.  Third, those bonuses to executives are paid out in stock options. Stock options glean their value from the price of the stock. If the stock price goes down, then their bonuses lose value or become worthless, essentially meaning that they get reductions in pay or no bonus when the stock price goes down. So if the scandal had no affect on the stock price, why wouldn't they get paid their bonuses? The stock is the best indicator of the public's reaction to the entirety of the bank."}
{"_id": "53840", "title": "", "text": "Well, it sounds like you have two options: 1) Continue to jointly own the house. 2) Compensate her for her equity and get the title transferred.  I hate to tell you this, but she is entitled to half of the equity regardless of how much she paid into it. That said, she is still on the hook equally for the loan amount, but it won't do you any good if she is not willing to pay. Also, option 2 probably isn't a good deal for your co-signer as she would still be liable for the entire loan loan (just as you are) regardless of the title."}
{"_id": "53853", "title": "", "text": "\"If anyone on Reddit actually knew anything about what it takes to run a business let alone a construction business they would keel over their keyboard in a panic attack. It's gonna cost 500 just for the permit. Not to mention you need to pay the state every year to take a test to say you are even qualified to ask for a permit. Then they have the highest unemployment insurance out of any industry then they have the highest liability insurance rates aside from doctors. Then you have to pay someone to accept your dumpster full of old roof garage. Then you all of your office overhead and supervisor for the job. Then when you do all of that really well and make a profit now you can expect to pay 30% taxes on what's leftover.    Everyone on Reddit thinks small business operates like Apple and Google dodging billions in taxes by being global. The truth is small businesses are like the \"\"poor\"\" people they employ. On a macro level they pay the brunt of the taxes in proportion to earnings so the 1% of large companies can dodge theirs.\""}
{"_id": "53861", "title": "", "text": "&gt; the answer is compulsory higher education.  And just how are you going to do that? With the huge amount of people who barely can finish highschool, and to be honest, do not deserve even a highschool diploma.  And did you think about this: if everyone is so highly educated, will highly educated people get high salaries? Already a Bachelor degree is worthless to get a job or a good paying job. Actually, in North Carolina, a job opening to be a cashier at Mcdonald required a Bachelor degree.   As for high wage countries, they have enough of their own idiots who can barely finish high-school and they are janitors, cashiers, etc. When it comes to physically demanding low-skill jobs, they are almost all done by immigrants on a temporary visa."}
{"_id": "53868", "title": "", "text": "\"&gt; So, are you against Trump? Yes or no?  Yes, I think you would categorize me as against him but I don't think I'm against him but against the things I see him doing things that I do not think will make life better for the average American.  &gt; ...according to VOX (known fake-news anti-Trump \"\"news\"\" site)...  Vox does spin things left but that doesn't make their reporting fiction.  They directly quoted President Trump after that meeting when he said, \"\"I'll oppose anything that makes it harder for smaller, younger companies to take the risk of bringing their product to a vibrantly competitive market. That includes price-fixing by the biggest dog in the market, Medicare, which is what's happening.\"\"  I think the quote is very clear that President Trump changed his position on Medicare negotiating with drug companies.  Do you disagree?  &gt; ...the amendment by Collins and McCaskill was passed last month and is sitting Trump's desk to be signed soon.  I don't know why you bring this up.  Their amendment is about streamlining the FDA and has nothing to do with my issue with President Trump, that he first supported and then opposed Medicare using its market share to get Americans lower cost drugs.\""}
{"_id": "53875", "title": "", "text": "Actually it's much cheaper to just keep employees in the dark so they don't see the inequity. The more expensive option (in the short-term) is to do what this article suggests, so the company can keep employees happy, which makes us more productive and reduces the costs of constantly hiring new people. Unfortunately I think most employers would rather gamble that their employees will never find out (because it's taboo to ask how much your co-workers make), or are too scared to look for new jobs anyway."}
{"_id": "53887", "title": "", "text": "In my opinion it depends on the type of product. I would get a warranty for a washing machine or tumble dryer or other product with lots of moving parts that is liable to break down. I also take into account my luck, the one washing machine I didn't get covered broke down 2 weeks outside the normal warranty period... I would not get a warranty for a consumer electronics product like a TV, PC, or iPod because they devalue so quickly. As a rule of thumb, if the model you buy today is going to be on sale for the next few years for around the same price and has moving parts, it is worth considering a warranty. If it will be worth a small percentage of its value because newer faster shinier models come along to replace it don't bother. I would also not get the warranty from the shop I bought the product from. You can get warranties for consumer products from specialist third parties that will allow you to cover multiple products for a discount. These work out a lot cheaper than the one the shop will give you. For example in the UK, DomGen will cover 3 appliances for \u00a314.99/month and 6 for \u00a320.99/month"}
{"_id": "53891", "title": "", "text": "The liars need to be called out how can this go on..  Prices are going up and wages flat is not deflation,  it's some horrible stagflation... And this is not semantics this is important because these doublethinkers use these words to set policy..   And yes it is caused by banks this economic situation,  QE for 9 years, massive debt bubble..   On top of this the banking conglomerates Now control even amazon.. http://www.nasdaq.com/symbol/amzn/ownership-summary  What an awesole that man is."}
{"_id": "53895", "title": "", "text": "This could help the firm find the perfect match for you in their own bucket list. Listing down everything clearly would make a good impression and you might get a chance to take advantage of the vast network the executive search firms have. A recruiter could easily refer you to some other executive where you could be a good fit."}
{"_id": "53900", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-17/superpower-india-to-replace-china-as-growth-engine) reduced by 73%. (I'm a bot) ***** &gt; By. India is poised to emerge as an economic superpower, driven in part by its young population, while China and the Asian Tigers age rapidly, according to Deloitte LLP. The number of people aged 65 and over in Asia will climb from 365 million today to more than half a billion in 2027, accounting for 60 percent of that age group globally by 2030, Deloitte said in a report Monday.  &gt; In contrast, India will drive the third great wave of Asia&amp;#039;s growth - following Japan and China - with a potential workforce set to climb from 885 million to 1.08 billion people in the next 20 years and hold above that for half a century.  &gt; Deloitte names the countries that face the biggest challenges from the impact of ageing on growth as China, Hong Kong, Taiwan, Korea, Singapore, Thailand and New Zealand.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70rvoj/superpower_india_to_replace_china_as_growth_engine/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211835 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **age**^#1 **growth**^#2 **Deloitte**^#3 **India**^#4 **workforce**^#5\""}
{"_id": "53903", "title": "", "text": "That article disproves itself: &gt;An entrepreneur can have the most brilliant idea in the world and plenty of funding to develop and sell it, but if customers can't afford to buy the company's products, the entrepreneur and his or her investors won't create a single permanent job.  They are forgetting that it's the ENTREPRENEUR's job to make a product that fits ALL the criteria (including being affordable), not just some. DUH. So Steve Jobs DID create jobs (albeit a lot of Chinese jobs).  Anyone who believes that the iphone didn't create jobs and an entire new market has a hole in their head. And that's coming from a guy who absolutely cannot stand iPhone, Apple, and Steve Jobs."}
{"_id": "53924", "title": "", "text": "Yeah. The student run investment fund at my school valued Tesla and they're significantly overvalued. Their capital structure is way too much debt and given the capital intensity requirements of the industry, they're gonna be cash flow negative for a while.  They made 45% in three months bc of the capital gains but knew that shit wasnt stable lmao"}
{"_id": "53945", "title": "", "text": "Read about Upfront Mortgage Brokers. That site has a bunch of information on mortgages and brokers, including mistakes to avoid when shopping for a mortgage. You can also find lenders with upfront pricing. I've used it for shopping and you will find very competitive rates. I'm wary of brokers. When we sold our house, the buyers (young first time buyers) got screwed by an unscrupulous broker and didn't actually have a loan lined up. Delayed closing by 2 days while they scrambled to find a legit lender who could put together funding. The one time we used a broker (our first time), we got a deal that wasn't really as good as it should have been. (Hindsight.)"}
{"_id": "53966", "title": "", "text": "\"To put a different spin on it, suppose you loaned someone $100K, expecting that they would pay it back, and then a little later they decided not too. They are perfectly capable of paying back the money, but just decided they didn't want to, and it seems the laws of your state said you couldn't make them. How would you feel about that? Since this is supposed to be an answer to the question, the answer is: \"\"only if you can't afford to repay it\"\". That's what foreclosure is supposed to be about, not you deciding you would rather not pay your debts. Let's not forget who pays that bill for you - every one of your bank's other customers. EDIT:For the people decrying the moral aspect and saying \"\"it's perfectly alright because the law says that's the punishment and I'm willing to pay it\"\", the law also says \"\"if you kill someone, you go to prison for life\"\". Does that mean that someone who decides they are going to kill someone has a perfect right to do it as long as they are prepared to take the consequences?\""}
{"_id": "53977", "title": "", "text": "There is no cancer coverup.  Where is the peer reviewed study conclusively linking glyphosate to cancer?  From the article:  &gt;Glyphosate is the world's most used herbicide. Companies like Monsanto, Syngenta and Bayer produce more than 800,000 metric tons of the subtance every year and sell it around the world. Farmers use the agent to clean the slate while preparing fields for the new sowing season, or spray it on potato or rapeseed fields to kill the plants just before maturity, making harvesting easier.  The popular agricultural chemical has been in use for more than 40 years and can now be found almost everywhere: in the urine of humans and animals, in milk, in beer, in ice cream, and above all in feed pellets from the United States and Brazil, which also end up being fed to German cattle and pigs.  So its use is widespread over 40 years and is pervasive in the environment.  And yet, billions of people are not getting cancer."}
{"_id": "53982", "title": "", "text": "\"I think you just sum up the program,....\"\"TONS of smart people who simply lack the training \"\"...they lack the training because they just are not driven. In the age of the web and free content and courses for everything imaginable, why don't  these \"\"TONS\"\" train themselves? contribute to F/OSS projects? sharpen their coding chops? They ain't 5 year olds to be spoon-fed by MS or any company. If you are not self-starter and not driven, you likely aren't suited for the hyper competitive world of software.\""}
{"_id": "53993", "title": "", "text": "\"A company whose stock is available for sale to the public is called a publicly-held or publicly-traded company.  A public company's stock is sold on a stock exchange, and anyone with money can buy shares through a stock broker. This contrasts with a privately-held company, in which the shares are not traded on a stock exchange. In order to invest in a private company, you would need to talk directly to the current owners of the company. Finding out if a company is public or private is fairly easy.  One way to check this is to look at the Wikipedia page for the company.  For example, if you take a look at the Apple page, on the right sidebar you'll see \"\"Type: Public\"\", followed by the stock exchange ticker symbol \"\"AAPL\"\".  Compare this to the page for Mars, Inc.; on that page, you'll see \"\"Type: Private\"\", and no stock ticker symbol listed. Another way to tell: If you can find a quote for a share price on a financial site (such as Google Finance or Yahoo Finance), you can buy the stock.  You won't find a stock price for Mars, Inc. anywhere, because the stock is not publicly traded.\""}
{"_id": "53996", "title": "", "text": "Your math is correct. As you point out, because of the commutative property of multiplication, Roth and traditional IRAs offer the same terminal wealth if your tax rate is the same when you pull it out as when you put it in.  Roth does lock in your tax rate as of today as you point out, which is why it frequently does not maximize wealth (most of us have a higher tax bracket when we are saving than when we are withdrawing from savings). There are a few other potential considerations/advantages of a Roth: Roth and traditional IRAs have the same maximum contribution amount.  This means the effective amount you can contribute to a Roth is higher ($5,500 after tax instead of before).  If this constraint is binding for you and you don't expect your tax rate to change, Roth is better. Roth IRAs allow you to withdraw your contributed money (not the gains) at any time without any tax or penalty whatsoever.  This can be an advantage to some who would like to use it for something like a down payment instead of keeping it all the way to retirement.  In this sense the Roth is more flexible. As your income becomes high, the deductibility of traditional IRA contributions goes to zero if you have a 401(k) at work (you can still contribute but can't deduct contributions).  At high incomes you also may be disallowed from contributing to a Roth, but because of the backdoor Roth loophole you can make Roth contributions at any income level and preserve the full Roth tax advantage. Which type of account is better for any given person is a complex problem with several unknowns (like future tax rates).  However, because tax rates are generally higher when earning money, for most people who can contribute to them, traditional IRAs maximize your tax savings and therefore wealth. Edit: Note that traditional IRA contributions also reduce your AGI, which is used to compute eligibility for other tax advantages, like the child care tax credit and earned income credit.  AGI is also often used for state income tax calculation. In retirement, traditional IRA distributions may or may not be state taxable, depending on your state and circumstances."}
{"_id": "54004", "title": "", "text": "\"Untuk anda yang sedang kebingungan mencari pengobatan untuk menyembuhkan penyakit cacar air, tidak usah cemas. Karena kini telah hadir \"\"Obat Cacar Air\"\" Jelly Gamat Gold-G. obat Jelly Gamat Gold-G ini sangat aman di konsumsi oleh berbagai kalangan termasuk anak-anak dan ibu hamil\""}
{"_id": "54007", "title": "", "text": "Have a great lawyer and a fuck ton of money   Not only are financial regulations on online payment processors quite complex, each state and the federal gov have required licenses which cost in total around $5 million upfront and $1-2 million annually."}
{"_id": "54008", "title": "", "text": "\"No.  The solution is to simply not force people to use a specific money, ie abolish \"\"legal tender laws\"\".  This way, people would save in currencies that have the best-reputation for maintaining their value over time, and no central bank can print their buddies out of bankruptcy at the expense of hardworking savers.\""}
{"_id": "54019", "title": "", "text": "The big risk for a bank in country X is that they would be unfamiliar with all the lending rules and regulations in country Y. What forms and disclosures are required, and all the national and local steps that would be required. A mistake could leave them exposed, or in violation of some obscure law. Plus they wouldn't have the resources in country Y to verify the existence and the actual ownership of the property. The fear would be that it was a scam. This would likely cause them to have to charge a higher interest rate and higher fees. Not to mention that the currency ratio will change over the decades.   The risks would be large."}
{"_id": "54027", "title": "", "text": "If you have a minimum monthly payment amount of $190, then you have to make a payment every month. If you pay only every 3 months (even if you pay 3 times the minimum amount, or much more), you would not be making the minimum monthly payment for each month: one month would get the minimum monthly payment, plus a lot more, then the following 2 months you would be in default because you didn't pay the minimum amount for that month! Interest is usually accrued daily, so you want to make the payments as early as possible. Pay back as much as you can afford each month, as soon as the money comes in. When computing how much you can afford, if you haven't already done so, it may be a good idea to keep a little bit aside (at least the first few months, to build up a little security pillow), just in case you need it (you won't be able to get money back from those overpayments if you need any money for an emergency)."}
{"_id": "54064", "title": "", "text": "The answer is simple. If your employer is offering you a discount, that is free money. You always take free money, always."}
{"_id": "54068", "title": "", "text": "It's misleading news. Comparing debt levels in nominal terms is completely pointless over a period of more than a few months.  The article you responded to quite literally quoted extracts from the article you subsequently posted and explained why they were misleading or incorrect."}
{"_id": "54077", "title": "", "text": "Hey Congrats!   A word of wisdom, don't just go blowing that money anywhere. Use what you need for the essentials, and save the rest for the big college you transfer too. This will help you not need to take out loans and keep you fiscally responsible.   Congrats again, you should be very proud of how hard you have worked."}
{"_id": "54083", "title": "", "text": "\"I didn't mean that you think the right of private companies to do this comes from the first amendment (while others explicitly do, I'm not saying you do), but you said that you do think they should be able to.  Take the second paragraph of my comment, where I clarify that this is about rule of law, and ends justifying the means.  So how would you codify \"\"this instance\"\"?\""}
{"_id": "54118", "title": "", "text": "Well thats a natural monopoly, nobody needs competition in search engine or social websites, who uses two social websites if one has everyone in it anyway. Learn before you talk.  Some industries are born to be monopolies but the problem that people are arguing is that companies like amazon give you much better prices and deliver stuff to your house. This is different than normal monopoly situation where they increase the price to a higher one than the market equilibrium and cause welfare loss.  In this case for example, amazon actually kills all the retailers which are earning normal amounts of money anyway, uses underpaid workers for more profit, don't pay taxes to us government for more profit and basically takes away money from the buyers indirectly(who are very happy with their new x which was cheaper than retailer price)."}
{"_id": "54120", "title": "", "text": "cheap kayaks for sale  ---Looking for top fishing kayaks or kayak accessories? Visit paddlerscove.com - your one stop shop featuring an exclusive selection of kayaks for sale, used ocean kayaks, and all related accessories. Get the best bargains on a comprehensive range of premium quality products."}
{"_id": "54147", "title": "", "text": "You need a budget. You need to know how much you make and how much you spend.  How much you earn and what you choose to spend you money on is your choice.  You have your own tolerance for risk and your own taste and style, so lifestyle and what you own isn't something that we can answer. The key to your budget is to really understand where you money goes.  Maybe you are the sort of person who needs to know down to the penny, maybe you are a person who rounds off.  Either way you should have some idea. How should I make a budget? and How can I come up with a good personal (daily) budget? Once you know what you budget is, here are some pretty standard steps to get started.  Each point is a full question in of itself, but these are to give you a place to start thinking and learning. You might have other priorities like a charity or other organizations that go into your priority like. Regardless of your career path and salary, you will need a budget to understand where you money is, where it goes, and how you can reach your goals and which goals are reasonable to have."}
{"_id": "54189", "title": "", "text": "\"In the U.S., when you receive your credit card bill each month there's a \"\"minimum payment amount.\"\" That minimum payment is usually the greater of $25 or 1% of the new balance on the card plus new interest and fees. As long as you pay the minimum payment amount, you can pay as much as you want each month. Note, in your example, you would be required to pay more than $1000 to pay off the balance, as interest would accrue each month on the unpaid principal. How much more is dependent on the interest rate of the card.\""}
{"_id": "54190", "title": "", "text": "Personally, I invest in mutual funds.  Quite a bit in index funds, some in capital growth & international."}
{"_id": "54203", "title": "", "text": "Based on experience with friends that lost some money to one of these recently despite being warned: My friends joined some venture where they were getting 'paid' into an account and thought they were making lots of money. They signed their friends and family up (each with a hefty sign up fee) thinking it was a sure thing. Turns out the company was under investigation and the accounts were frozen. The money they put in was lost as well as these so called 'earnings'.  All of a sudden people realized they had never actually seen an actual physical penny the whole time."}
{"_id": "54204", "title": "", "text": "This is subject to some amount of opinion, but I think that Treasury Inflation Protected Securities (TIPS) are closest to what you describe.  These are issued by the US Treasury like a treasury bond, but the rate is adjusted for inflation. https://www.treasurydirect.gov/indiv/products/prod_tips_glance.htm I see your comment about taxes.  TIPS are exempt from state and local taxes, but they are subject to federal tax on the income and on the growth of the principal."}
{"_id": "54216", "title": "", "text": "If they're making 100k a month in sales, why do they need your 92k so badly that they're willing to pay 200% annual interest? Going to a loanshark or the mob would be cheaper, to say nothing of all the legal options available to them. Or they could just wait three weeks for revenue to cover it. Nothing about this adds up to anything other than a scam. Your friend might be well-meaning, but someone along the line is looking for a sucker."}
{"_id": "54222", "title": "", "text": "uh, pretty sure it goes to Cap Hill with UW coming soon. it is one line but if you live near it i hear it's amazing. and a ton of people live near it. now the cap hill streetcar on the other hand.."}
{"_id": "54225", "title": "", "text": "\"At the bottom of Yahoo! Finance's S & P 500 quote Quotes are real-time for NASDAQ, NYSE, and NYSE MKT. See also delay   times for other exchanges. All information provided \"\"as is\"\" for   informational purposes only, not intended for trading purposes or   advice. Neither Yahoo! nor any of independent providers is liable for   any informational errors, incompleteness, or delays, or for any   actions taken in reliance on information contained herein. By   accessing the Yahoo! site, you agree not to redistribute the   information found therein. Fundamental company data provided by Capital IQ. Historical chart data   and daily updates provided by Commodity Systems, Inc. (CSI).   International historical chart data, daily updates, fund summary, fund   performance, dividend data and Morningstar Index data provided by   Morningstar, Inc. Orderbook quotes are provided by BATS Exchange. US   Financials data provided by Edgar Online and all other Financials   provided by Capital IQ. International historical chart data, daily   updates, fundAnalyst estimates data provided by Thomson Financial   Network. All data povided by Thomson Financial Network is based solely   upon research information provided by third party analysts. Yahoo! has   not reviewed, and in no way endorses the validity of such data. Yahoo!   and ThomsonFN shall not be liable for any actions taken in reliance   thereon. Thus, yes there is a DB being accessed that there is likely an agreement between Yahoo! and the providers.\""}
{"_id": "54231", "title": "", "text": "The simplest way to handle this is for you to rent the apartment and sublet to the girlfriend and friend.  I'd split the utilities evenly, one-third from each.  The reason for this is that each of you contribute evenly to generating the utility bills.  It's not like your income makes the water cost more for you.   Utilities are driven by usage.  Dividing them other than equally is likely to lead to more problems than it solves.  Also, it seems unlikely that a different apartment would use significantly different water, electricity, or internet.  Those are driven by the appliances rather than the size or location of the apartment.  Only pay more for the utilities if you want something that they don't.  For example, maybe you want HBO, etc.  It would be reasonable for you to pay the entire premium if that's a luxury that they simply wouldn't buy.   I'd also divide the groceries evenly if you share and share alike.  If you eat separate meals, you can buy separate groceries.   If the rent can't be split evenly but you could afford it alone, then you can just sign up for it.  If you break up with the girlfriend and/or the friend moves out, you're still fine.  You have your fancy apartment and can afford it.   The bigger problem comes if you can't afford the apartment without both the girlfriend and friend contributing.  If so, you should probably avoid this situation.  It's fragile.  Any person leaving would put you in a financially untenable position.  You can look for a new tenant to replace your friend, but you can't exactly rely on getting a new move-in girlfriend on demand.   Neither the girlfriend nor the friend can afford to be on the main lease.  In case of emergency or tragedy, they couldn't replace you as a tenant.  That's why they should sublet.  Then their obligation is to you, not to the landlord.   How much apartment would the girlfriend and friend get if you weren't involved?  What rents would they pay?  That's probably how much rent they should pay for this apartment.  You want a better apartment (or a better location)?  That's on you.   You should only do this if you want to do it.  If you want to share apartments with the girlfriend and friend, then do so.  Work out something equitable.  If you plan on moving in together to reduce your costs, then you don't sound like you are compatible.  Obviously there are reasons to move in with the girlfriend aside from costs.  Why can't the friend get his or her own place?  The added rent probably won't do more than pay for the added room (you could get a one bedroom without the friend).   That points to an alternative way of calculating the friend's contribution:  the difference between a two bedroom and a one bedroom apartment.  That's the additional cost of the bigger apartment.  If the friend can't afford that, then this might not be a good idea.   Make sure that you can afford the apartment if one or both of the friend and girlfriend move out.  You can eventually replace the friend as the tenant but don't rely on doing the same with the girlfriend.  Share utilities evenly.  Possibly groceries too.  The friend should pay at least the added cost of the additional bedroom.  Don't expect either to pay more in the new apartment than they would pay without you.  You should be the only one on the main lease; sublet to them."}
{"_id": "54240", "title": "", "text": "\"You have a job \"\"lined up\"\". What if it falls through? Then you have to sell your fancy car, and you are back to scare, apart from the dough you owe your dad. For consumption items, live within your means. A cheap first car is just fine.   Spend cash where it brings you more cash.\""}
{"_id": "54251", "title": "", "text": "There are two types of credit checks. First is the hard pull which is typically done when you apply for a credit line. The lender will hard pull your file and make his/her decision based on that. This affects your score negatively. You might lose few points for one hard inquiry. Second type is soft pull, which is done as a background check. Typically done by credit card companies to send you a pre-approved offer, or renting an apartment etc. This does not affect your score. One thing to keep in mind is a company will not do a hard pull without your permission, where as they can do soft pulls without you even knowing.  Soft inquiries vs hard inquiries"}
{"_id": "54256", "title": "", "text": "\"&gt;That would be great ... if there were an objective and impartial standard for \"\"worth to society\"\".  There's no rigid, objective metric, but there are things I think most can agree do or don't help society as a whole. An example would be a highly addictive product that causes cancer. Yes, yes, personal liberty, people should be allowed to smoke if they know the risks and take responsibility, yada, yada, but the bottom line is cigarettes are dangerous and addictive. Couldn't it be said, within reason, that cigarettes harm society?\""}
{"_id": "54257", "title": "", "text": "\"If you own 1% of a company, you are technically entitled to 1% of the current value and future profits of that company. However, you cannot, as you seem to imply, just decide at some point to take your ball and go home. You cannot call up the company and ask for 1% of their assets to be liquidated and given to you in cash. What the 1% stake in the company actually entitles you to is: 1% of total shareholder voting rights. Your \"\"aye\"\" or \"\"nay\"\" carries the weight of 1% of the total shareholder voting block. Doesn't sound like much, but when the average little guy has on the order of ten-millionths of a percentage point ownership of any big corporation, your one vote carries more weight than those of millions of single-share investors. 1% of future dividend payments made to shareholders. For every dollar the corporation makes in profits, and doesn't retain for future growth, you get a penny. Again, doesn't sound like much, but consider that the Simon property group, ranked #497 on the Fortune 500 list of the world's biggest companies by revenue, made $1.4 billion in profits last year. 1% of that, if the company divvied it all up, is $14 million. If you bought your 1% stake in March of 2009, you would have paid a paltry $83 million, and be earning roughly 16% on your initial investment annually just in dividends (to say nothing of the roughly 450% increase in stock price since that time, making the value of your holdings roughly $460 million; that does reduce your actual dividend yield to about 3% of holdings value). If this doesn't sound appealing, and you want out, you would sell your 1% stake. The price you would get for this total stake may or may not be 1% of the company's book value. This is for many reasons: Now, to answer your hypothetical: If Apple's stock, tomorrow, went from $420b market cap to zero, that would mean that the market unanimously thought, when they woke up tomorrow morning, that the company was all of a sudden absolutely worthless. In order to have this unanimous consent, the market must be thoroughly convinced, by looking at SEC filings of assets, liabilities and profits, listening to executive statements, etc that an investor wouldn't see even one penny returned of any cash investment made in this company's stock. That's impossible; the price of a share is based on what someone will pay to have it (or accept to be rid of it). Nobody ever just gives stock away for free on the trading floor, so even if they're selling 10 shares for a penny, they're selling it, and so the stock has a value ($0.001/share).  We can say, however, that a fall to \"\"effectively zero\"\" is possible, because they've happened. Enron, for instance, lost half its share value in just one week in mid-October as the scope of the accounting scandal started becoming evident. That was just the steepest part of an 18-month fall from $90/share in August '00, to just $0.12/share as of its bankruptcy filing in Dec '01; a 99.87% loss of value. Now, this is an extreme example, but it illustrates what would be necessary to get a stock to go all the way to zero (if indeed it ever really could). Enron's stock wasn't delisted until a month and a half after Enron's bankruptcy filing, it was done based on NYSE listing rules (the stock had been trading at less than a dollar for 30 days), and was still traded \"\"over the counter\"\" on the Pink Sheets after that point. Enron didn't divest all its assets until 2006, and the company still exists (though its mission is now to sue other companies that had a hand in the fraud, get the money and turn it around to Enron creditors). I don't know when it stopped becoming a publicly-traded company (if indeed it ever did), but as I said, there is always someone willing to buy a bunch of really cheap shares to try and game the market (buying shares reduces the number available for sale, reducing supply, increasing price, making the investor a lot of money assuming he can offload them quickly enough).\""}
{"_id": "54275", "title": "", "text": "\"What's going on here is that Amazon/visa thinks that the money they will earn on average from irresponsible credit card users is more value than 50$ each. This is the same logic that is behind the cash back or airplane point bonuses many credit cards offer, or the \"\"apply and get a free 2-liter of soda\"\" that some stores offer. I would need more information about the card to say whether or not you should apply (What are the fees, if any? What is the interest rate? etc).\""}
{"_id": "54278", "title": "", "text": "I agree they are able to reduce prices in store to thin margins and rely on on a large amount of sales. My point is that the cost increase on product from wages is proportionally smaller than the increase in pay the worker is taking home. So yes, a Big Mac would cost about 17 cents more at a minimum wage of $15 an hour to maintain the same margins ( https://www.google.com/amp/s/thinkprogress.org/amp/p/184b7523b273 ), but the workers wage is doubled."}
{"_id": "54317", "title": "", "text": "Middle-Men have always existed, and will always exist, and every time we turn around we're getting rid of them.   They crop up in new places on the edge of current business, live there for awhile and then get marginalized as economies of scale and technological progress happens. Then they need to find somewhere new.  These people are not simply middle men, they're inserting themselves into deals where they do not belong. It is time for them to go."}
{"_id": "54319", "title": "", "text": "The TSP is similar to a 401K.  If you were hired as a federal employee on or after 1 January 1987 you are under the FERS retirement program. That means that you are eligible for matching. If they will match your deposits then the TSP, up to the matching limit, is a better choice. Skipping the TSP will mean that you you are leaving money on the table."}
{"_id": "54322", "title": "", "text": "First, you need to be aware that the credit score reported by Mint is Equifax Credit Score. Equifax Credit Score, like FICO, Vantagescore, and others, is based on a proprietary formula that is not publicly available.  Every score is calculated with a different formula, and can vary from each other widely.  Lenders almost exclusively only use FICO scores, so the score number you have is likely different than the score lenders will use. Second, understand that the advice you see from places like Mint and Credit Karma will almost always tell you that you don't have enough credit card accounts.  The reason for this is that they make their money by referring customers to credit card applications.  They have a financial interest in telling you that you need more credit cards. Finally, realize that credit score is just a number, and is only useful for a limited number of things.  Higher is better to a point, and after that, you get no benefit from increasing your score.   My advice to you is this: Don't stress out about your credit score, especially a free score reported by Credit Karma or Mint.  If you really have a desire to find out your score, you can pay FICO to get your actual score, but it's not cheap.  You can also sometimes get your FICO score by applying for a loan and asking the lender.  I last saw my FICO scores (there were three, one from each credit bureau) when I applied for a mortgage a couple of years ago, and the mortgage rep gave them to me for free.  But honestly, knowing your score doesn't do much for you, as the best way to increase it is to simply make your payments on time and wait. Don't give in to bad conventional advice from places that are funded by the financial services industry.  The thing that makes your credit score go up is a long history of paying your bills on time.  Despite what you commonly read about credit scores, I'm not convinced that you can radically boost your scores by having lots of open credit card accounts.  At the time I applied for my last mortgage, I only had 2 open credit cards (still true), and the oldest open account was about 1.5 years old.  The average of my 3 scores was just over 800.  But I've been paying my bills on time for at least 20 years now.  Only get credit cards that you actually want, and close the ones you don't want."}
{"_id": "54329", "title": "", "text": "Tier 1 VCs will always outperform median due to access but the entire asset class will probably suck on new vintages due to too much capital chasing past returns with only so many quality startups; probably why they were in juicero in the first place.  But this shows a pretty clear break in good process for a firm of that institutional caliber"}
{"_id": "54332", "title": "", "text": "That's why they're taking the deal. But it's not like they completely stole all that money. I don't have any stats, but I'd assume most of those people who got their loans are still in their homes. (Sorry, I could be way off. Please correct) But they still are bastards for not letting me refinance. Could have just been because they saw this penalty coming."}
{"_id": "54333", "title": "", "text": "\"The basic idea is that the average person can't deduct health care costs unless they're really onerous. But a business can, and as a self-employed person, you can deduct those costs from the businesses earnings... as long as the business is really generating enough profit to cover the health insurance costs. That's why most people get their health insurance from their employer, actually. The relevant IRS rules say: \"\"You may be able to deduct premiums paid for medical and dental insurance and qualified long-term care insurance for you, your spouse, and your dependents if you are... A self-employed individual with a net profit reported on Schedule C (Form 1040).\"\" For 2010, thanks to the Small Business Jobs Act of 2010, you can even deduct the premium from your income before deducting the self-employment tax (Source). I'm sure that when you get your tax returns and instructions for 2010 this will all be spelled out.\""}
{"_id": "54334", "title": "", "text": "S&amp;P 500 are a relatively small portion of the entire American economy. Any number of things could cause them to increase in value at a greater rate than total output.   For example, distribution of total spending could shift from the public sector to the private sector if government tax receipts and outlays were decreased. It's also possible the economy is becoming more centralized towards tech and industrial giants, with an increasing market share in the hands of fewer, larger companies."}
{"_id": "54341", "title": "", "text": "\"No, assuming by \"\"public company\"\" you mean a corporation.  The shareholder's individual liability is limited to their investment.  Your shares can go to zero value, but that's the limit. EDIT In regard to the follow-up question in the comments: \"\"Are all companies in the stock market corporations?\"\" the answer is definitely \"\"no.\"\"  I cannot say much about other countries, but the US markets have some entities which are known as \"\"master limited partnerships.\"\"  These trade shares on the market by the usual rules, but if you buy you become a partner in the company rather than a shareholder.  You still have limited liability in this case, but there will be differences, for example, in how you're are taxed.\""}
{"_id": "54352", "title": "", "text": "Previously a commercial credit analyst for a mid level financial institution. Now financial analyst in automotive Just master Excel!!! This will be the most valuable skill for the rest of your career in finance. Focus on excel, learn to program, and learn how to kill interviews. You will learn the rest along the way."}
{"_id": "54354", "title": "", "text": "\"You don't. No one uses vanilla double entry accounting software for \"\"Held-For-Trading Security\"\".  Your broker or trading software is responsible for providing month-end statement of changes.  You use \"\"Mark To Market\"\" valuation at the end of each month.  For example, if your cash position is -$5000 and stock position is +$10000, all you do is write-up/down the account value to $5000.  There should be no sub-accounts for your \"\"Investment\"\" account in GNUCash.  So at the end of the month, there would be the following entries:\""}
{"_id": "54372", "title": "", "text": "Stained Concrete Captiva - Flooring service companies offering floor epoxy coating in Captiva FL are the guys to call when you need to redo your floors. Epoxy floor coatings are a full proof, high quality, durable, flooring solutions that can be applied to a number of different floors."}
{"_id": "54376", "title": "", "text": "The author could have done a much better job of explaining it.  Maybe this will help:  * Thanks to Hillary (and Bill) Clinton, it is hard as fuck for companies to get visa sponsorship and hire foreign workers  * Because of this, foreigners have a much tougher time finding jobs - and employers can pay them less - BUT, they'll be loyal as hell to the company because job searches are so difficult  * *BUT, in order to GET that visa sponsor privilege*, employers have to demonstrate that they can't find any talent in the US  * Company posts job with super-high qualifications for laughable pay  * (*Imagine...*) the only people that apply:  the bottom of the barrel, underqualified people, and maybe one desperate candidate  * Employer complains to the government that there's not talent in the US to fill their job  * ...and gets allocation for their visa sponsorship  **tl;dr** - the 'skill gap' is a slimy game"}
{"_id": "54377", "title": "", "text": "Lets say that college costs 100K per kid and they you have 3 (ages 8,9,10) and expect tuition and fees inflation of 8% per year; you are 40 and want to retire at age 65, and would have to replace 80% of you final years salary and expect your salary to increase 2% above inflation, but you do have a pension that based on the number of years of service you will have if you don't switch companies will replace 40% of you final salary, but if you leave now will only cover 15%; the equivalent of social security will replace 10%; your spouse works part time and has no company provided pension; your big single bucket of long term savings has 123,456. Are you on target? You can't answer the question without first determining how much money each of those individual buckets (kid 1, kid 2, kid 3, pension, social security and retirement) needs to have today and in the future. Then you take the money you do have and assign it to the buckets. Of course different accounts have different tax, age, deposit and use rules. Also what happens after the last child graduates, so the amount of money available each year will change significantly. The key to not stealing money from long term savings goals is to realize you also need an emergency fund and a life happens fund. That way an engine repair does require you to pull money from the education fund."}
{"_id": "54394", "title": "", "text": "There is no free ride at most brokers. You will likely be charged a margin fee for that trade even though you only held the margin shares for part of one day. The margin fee would be the annual margin interest rate calculated down to a one day holding period,so it would be smaller. Check your broker's policies but most work like this."}
{"_id": "54400", "title": "", "text": "I understand that if I have multiple health insurance policies, I can only make claim from only one of them if ever I incur medical expenses (I'm from the Philippines). In the US, you cannot simultaneously submit a claim for payment of a medical bill, or request reimbursement for a bill already paid, to multiple insurance companies, but if you are covered by more  than one policy, then any part of a claim not paid by one company  can be submitted to another company that is also covering you. In fact, if you have employer-paid or employer-provided coverage, most  insurance companies will want your employer-provided insurance company  to be billed first, and will cover whatever is not paid by the employer coverage. For example, if the employer coverage pays 80% of your doctor's bill, the private insurance will pay the remaining 20%. But, the private  insurance policies are also quite expensive.  Some professional groups in the US offer major medical coverage to  their US members, and might be offering this to non-US members as well (though I suspect not).  These policies have large deductibles so that coverage kicks in only when the total medical expenses in that year (whether wholly or partially reimbursed, or not reimbursed at all) exceed the large deductible.  These types of policies actually pay out to only a few people - if you have more than, say, $20,000 of medical expenses in a year, you have been quite ill,  and thus the premiums are usually much smaller than full-fledged coverage  insurance policies which pay out much more frequently because of much smaller deductibles."}
{"_id": "54406", "title": "", "text": "Your math is fine, except employers might not permit the withdrawal. You'd have to go back to their rules or contact HR to understand the withdrawals permitted."}
{"_id": "54417", "title": "", "text": "\"I think they get the answers to the \"\"quizzes\"\" before hand. You know, about competency. Full of esoteric crap and trick questions. They are KNOWN for cheating. Getting 100% on an Oracle OCP exam shouldn't be COMMON and ONLY among Indians.\""}
{"_id": "54424", "title": "", "text": "\"The usual pattern is that shareholders don't run companies in a practical sense, so \"\"if someone was just simply rich to buy > 50%, but does not know how to handle the company\"\" doesn't change anything. In large companies, the involvement of shareholders is limited to a few votes on key issues such as allocating profit (how much to keep in company vs pay in dividends) and choosing board members. And board members also don't run the company - they oversee how the company is being run, and choose executives who will actually run the company. If a rich person simply buys 50% and doesn't desire to get personally involved, then they just vote for whatever board members seem apropriate and forget about it.\""}
{"_id": "54429", "title": "", "text": "If you are thinking about how to sell your house in maryland.Than Selling your house isn't that difficult,but it can be time consuming and there are lots of details to manage, so most home sales are made through a real estate broker or agent. Know the basics of working with these state-licensed sales professionals.When a serious buyer wants to buy your home, you'll receive a written offer,or purchase and sale agreement, containing all the terms of the sale."}
{"_id": "54452", "title": "", "text": "isn't the answer in the question?  it says the company starts officially NEXT year, yet it is asking for the net present value...i.e what that project is worth today.  it could be that funds for that particular project may not be necessary for another year, but there may be other projects to evaluate against today."}
{"_id": "54467", "title": "", "text": "I definitely see the advantages of globalism. And from an economical point of view the takeovers make sense.  But from a political strategic point of view, I think we Europeans should be careful. They are state-owned, we'd literally be selling to the Chinese government.  I'm Belgian, and one of our distribution system operators almost got taken over by a Chinese state owned company. That's a bit too strategic to my liking."}
{"_id": "54471", "title": "", "text": "Pretty sure the major retail brokerage firms require 25k to daytrade.    Read the top comment. You will get crushed by commissions. There are commission free ETFs, but that's not the kind of investing you seem to want to learn about."}
{"_id": "54479", "title": "", "text": "There are still some bugs in the system that have some players upset and I wouldn't feel right involving real money with such problems existing.  Maybe in a future season, once we perfect the game a little.   But not a bad idea."}
{"_id": "54481", "title": "", "text": "Employers seem to only take, not give now.  I'm a salary worker and I work unpaid overtime and afterhours.  A lot of this was to get over a peak of work (Had to work a lot in a short period of time to fix problems that were creating more work).  However now I have been granted some flexibility and I have taken time out of my workday to do whatever I need as well.  It's often the minimum wage employees that I see abused the worst, they are easily replaceable by their employer and punishment for violating workers rights is a slap on the wrist."}
{"_id": "54497", "title": "", "text": "I'd have to disagree on the overhead aspect here. Knowing what a family owned restaurant pays for rent, before the actual costs of the business comes in. Also, the city streets are not supposed to be a source of competition for their business.   The owners find location, compare it to the competition in the area and take the risk. The curb is for parking cars, not putting up a mobile business. How can the brick and mortar restaurant factor in that kind of unknown competition when they open?  I know, every one reddit feels they should be able to do what ever they want in all things, until it effects them personally, then they'll bitch about the unfairness of it.  Your arguement is simple minded."}
{"_id": "54501", "title": "", "text": "\"&gt; Net Neutrality has more to do with the fact that companies could start prioritizing or blocking access to certain websites and services where they have an incentive to.  Great.  So just like Walmart prioritizing the display of their in-house brands vs. brands of their competition?  Or a car dealership showing you only Toyotas and not Fords as well?  I mean, what's the difference here?  &gt;To use you example of roads, say for instance that a car manufacturer paid the govt to have the speed limit raised for their vehicles or even reduced the speed limit for other manufacturers. This would create an I level playing field.  \"\"Speed\"\" is actually a secondary function here, because we're actually talking about *bandwidth.*  Light travels at the speed of light; electricity travels between 50-99% of that.  Those are properties of physics, not anything Comcast can control.  We're talking about bandwidth.  So using your roads example, imagine now that a car manufacturer wants to use 50% of the road capacity to ship its goods everyday.  And in doing so, it practically crowds out every other entity that wants to use the road.  Who is in the right here?  How would we regulate who is using the road?  What is fair?\""}
{"_id": "54511", "title": "", "text": "\"&gt; Speech is free. In and of itself it does not justify an investigation. Evidence does, and by all verifiable accounts there is no evidence of wrongdoing  Don Jr's email is **evidence** of attempted collusion.  He admitted it.  Free speech also has limits.  You can't yell \"\"fire\"\" in a crowded theater.  You can't discuss illegal things (it's called conspiracy).  &gt; otherwise they wouldn't need Meuhler to fish for it in completely irrelevant Trump family financial records from years before the election.  Trump's previous business dealings are totally relevant.  If he's colluding, those relationships didn't start in 2015.  They're going to look for earlier associations and business dealings with Russians that were later used for collusion.  &gt; http://nypost.com/2017/08/15/new-report-claims-dnc-hack-was-an-inside-job-not-russia/  I think the opinion of the 17 US intelligence services is a better source of info than a newspaper owned by News Corp.  There's not much question that the Russians attempted to influence the election.  https://www.google.com/amp/amp.usatoday.com/story/92514592/  &gt; What does your imagination tell you this Russian collusion that supposedly took place looked like?  I have no idea.  Let's let the investigation tell us.\""}
{"_id": "54513", "title": "", "text": "I bought a house 6 months ago for $240,000 on an $80k salary am getting by just fine and am able to save money (and I live on Long Island, an extremely expensive area to live). I would look at finding a few more interest rate quotes; for instance, Wells Fargo is offering 4.25% right now for FHA (first time home buyers) loan (which only require 3.5% down). A lower interest rate will lower your monthly payment. Make the banks compete with one another - this little bit of leg-work will save you thousands upon thousands of dollars in the long run). Also, try to negotiate to NOT paying a point down on the mortgage - most of the time they are bull, especially in this economy (banks are desperate for new loans).  However, as others have said, do not assume or count on rent coming in to be able to afford your mortgage (unless you are married). What if your friend moves out and you cannot find another tenant?  However, I strongly recommend you talk to a financial adviser and your bank mortgage loan officer to work out the numbers - you will be surprised what you can afford when you factor in your income tax and mortgage interest write-offs."}
{"_id": "54517", "title": "", "text": "Advertising Australia  Another way to uncover work in Prices is merely to swap into any element of Centrelink. This is a professionals business which functions in every location and group in Prices. They are accredited to aid lack of career individuals to uncover work, and you found out touchscreen engineering technology pc versions in every Centrelink work environment around the condition showing functions clear in the team."}
{"_id": "54532", "title": "", "text": "A friend of mine had a really tough time with the job market and spent a year in the traditional route (sending resumes, etc). When she moved, she decided to try cold-calling/messaging people (in the industry/fellow alums). In one month she had a job. If all it takes is placing my professional information *with the intent that someone finds it attractive*, then by all means they should make money off of me."}
{"_id": "54565", "title": "", "text": "Let me tell you a tale. I am 30, only making 32k a year. As a systems admin. Living in CA. I have 0 savings, in fact most months I have trouble even paying bills and keeping food on the table so....I wouldn't worry to much but if you haven't yet go to school, get a degree. Or at least a trade school."}
{"_id": "54574", "title": "", "text": "Sigh.  I knew this headline would end up being printed, which is of course wrong.  Tesla said that their run rate will be 100k annualized at the *end* of 2015.  That does not mean 100k in 2015, that means 2k/week at the end of 2015, which means 100k+ in 2016.  It will probably be ~60-70k in 2015."}
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{"_id": "54584", "title": "", "text": "\"OK, since you aren't a \"\"hoarder of wealth\"\" you wont have a problem with a progressive capital gains tax would you?  Say 15% on the first $50,000 of gains, 30% up to $200,000 50% up to $500,000 and 90% on $1,000,000 and up.  Keep in mind this is only on the gains from your capital.  There are a lot of programs we could fund and people we could help with that tax money.\""}
{"_id": "54619", "title": "", "text": "\"Donbey since you mention your expenses are very low, I'm going to assume that social security will cover your expenses once you qualify for it.  Since you have no savings currently the first and most important job for this money is to make sure that you can live comfortably until social security kicks in.  Social security could start for you as early as 62 so you need to set aside at least two years worth of money plus another chunk as a safety measure. Also, if you don't have health insurance please look to get a plan through your local ACA exchange as not having health insurance is by far the most common way someone your age ends up bankrupt.  Insurance will eat up a good chunk of the money, but will be much cheaper after the first year if you continue to have no income. Now, if your expenses are low enough, you can look to use this money to delay when you start taking social security as long as possible as the longer you delay social security the more money you get.  The AARP has a calculator where you can see how much more per year you will get from social security if you delay taking it as long as you can.  This is a great way to insure you live as comfortably as possible even if you live to 120.  Assuming you are reasonably healthy, this is a very secure and very meaningful way to \"\"invest\"\" this windfall. Once you have set aside the money for your expenses, emergencies, health care and delaying social security in a combination of checking and high-yielding savings accounts, yhen it can be in your interest to invest any remaining amount.  Common, solid, low-risk investments for a 10+ year time frame would be either: While Glen is correct that it is possible for even the best bond fund to lose money it is rather unlikely that you will end up losing money over a period of 10 years.  The nice thing about the bond fund is that most funds (find the right one) don't charge a fee if you need to need to take your money out early.  CDs guarantee that you won't lose your money, but if you have to take the money out in an emergency the fees will eat up way more money than a bond fund would normally lose.  Also, a good bond fund will generally yield a bit more than a CD. Investing in stock is generally much too risky for this sort of time frame without large savings to back it up.\""}
{"_id": "54638", "title": "", "text": "\"According to Wikipedia, Treasury bills mature in 1 year or less to a fixed face value: Treasury bills (or T-Bills) mature in one year or less. Regular weekly T-Bills are commonly issued with maturity dates of 28 days (or 4 weeks, about a month), 91 days (or 13 weeks, about 3 months), 182 days (or 26 weeks, about 6 months), and 364 days (or 52 weeks, about 1 year). Treasury bills are sold by single-price auctions held weekly. The T-bills (as Wikipedia says, like zero-coupon bonds) are actually sold at a discount to their face value and mature to their face value. They do not return any interest before the date of maturity.  Because the amount earned is fixed at purchase, \"\"return\"\" is a more accurate term than \"\"rate\"\" when referring to a specific T-bill. The \"\"rate\"\" is the difference between this return and the discount value you purchased it at. So, yes, your rate of return is guaranteed. T-notes (1-10 year) and T-bonds (20-30 year) also have an interest rate guaranteed, but have coupon payments (usually every 6 months), paying out a fixed amount of interest on the principal.  (See more info on the same Wikipedia page.) Because those bonds are not compounding the interest it pays out, but instead paying out every 6 months, you'd have to purchase new securities to create a compound return, changing your rate of return over time slightly as the rates for new treasury securities changes.\""}
{"_id": "54642", "title": "", "text": "I'm always pretty surprised at how different US is from Canada with this. I think here (I'm not actually looking this up) that McDonald's is first, followed by A&amp;W and then Wendy's. This is in our modest city (approx 100,000) we have 5 McDonalds, 4 A&amp;W's, 3 Wendy's and until recently 0 Burger Kings."}
{"_id": "54663", "title": "", "text": "\"Ya, I know right?  \"\"And to assert as a mitigation of the evil that those who thus suffer are the weaker members of the community, morally or physically, is to add insult to misfortune. Is weakness a justification of suffering? Is it not, on the contrary, an irresistible claim upon every human being for protection against suffering?   [...] Even the idle, reckless, and ill-conducted poor, those who are said with most justice to have themselves to blame for their condition, often undergo much more and severer labor, not only than those who are born to pecuniary independence, but than almost any of the more highly remunerated of those who earn their subsistence; and even the inadequate self-control exercised by the industrious poor costs them more sacrifice and more effort than is almost ever required from the more favored members of society.\"\" - John Stuart Mill\""}
{"_id": "54687", "title": "", "text": "At first guess, people have less and less disposable cash/income for a down payment which subsequently results in longer loan duration. I thought I recall reading an article not too long ago where average auto loan term was 70 something months and average new car is $30k+. That\u2019s a lot of $$$ for a country where median household income is $50k."}
{"_id": "54710", "title": "", "text": "Since 1999 Doctors About Care have been providing top of the line chiropractic treatments to all pain sufferers on Long Island, NY.  You'll never know how it is being pain free without surgery or medications, until you visit a chiropractor - they REALLY work!!"}
{"_id": "54742", "title": "", "text": "\"and part of the point of this article is to get that kind of information out there, so that people can say \"\"oo well maybe that law is needed\"\" or \"\"oh I read that article on reddit and maybe I wont shop there\"\"  not sure if anyone is claiming they are breaking the law.  But it should also be noted that many very large businesses like costco and starbucks and ben and jerries, dont cut employee costs to the bone. And while what walmart is doing is legal, there is nothing wrong with calling them greedy pricks, when society has shown that businesses can succeed in american without being greedy pricks.   otherwise I agree with your comment\""}
{"_id": "54768", "title": "", "text": "\"It wasn't my statement, but I will take a stab at this. The human brain is a fantastic pattern recognizer. In fact, I would say that it is the very best that we are currently aware of. Having seen the trajectory of a thrown ball a few times, your brain can predict with startling accuracy where your hand needs to be in order to intercept it...or how to move to get out of its way, should it be a larger ball. Your brain isn't doing the math necessary to actually calculate the trajectory, just estimating based on past experience. The same thing happens with ever decision your brain makes. It estimates probability whenever it can in situations ranging from location prediction to what your significant other's reaction will be to you staying out late again. Note that these things can be actually calculated via trajectory calculation or bayesian statistics respectively, but your brain doesn't have time for such things, so it approximates them instead and is startlingly good at it in most cases. For a list of ways that your brain is less good at these things, see \"\"List of Cognitive Biases\"\" on Wikipedia.\""}
{"_id": "54780", "title": "", "text": "&gt; I wish I had sufficient funds to open a brokerage account at FB's IPO. I wanted to shortsell the stock with every fiber of my being once I saw that imaginary $38 price valuation.  It would've been impossible anyways, no shares were available. It took me over a week to find some shares to short ( at $29.50 )"}
{"_id": "54784", "title": "", "text": "This impact, at least in the short term, should be regional to China. Once China starts churning out EV that could spill over to the west but China will likely focus on their home market due to severe smog and its threat to the economy. Elon has shown a tenacity to innovate continuously and I doubt his China plant will be used for experiments and tests for new technologies, keeping him ahead of most other manufacturers."}
{"_id": "54790", "title": "", "text": "He's exaggerating. Smartphone usage, while lower in Japan than the us, is still around 55% today vs. 65% in the US. &amp; their Healthcare outcomes are far better than the US, technology in healthcare is great, but it doesn't matter much if a portion of the population cannot afford or access it, the Japanese achieve these better outcomes despite having an older population than the us."}
{"_id": "54825", "title": "", "text": "Okay. As someone who is quick to be appalled, let see how actively you practice what you preach.   For movies - give me the list of studios that are okay and not okay. Give me a list of movies from those studios that you would have otherwise paid movie to see that you will now abstain from seeing.   For books - give me the list list of publishers that you are okay with and not okay with. Give me the list of books that you are abstaining from reading that you would have otherwise paid for.   For videogames (this is the easy one) - same thing.   For music, give me the list of labels that you are boycotting and the list of albums that are released under those labels that you will sacrifice your enjoyment of listening to.    I would be appalled that you yourself would not even know from your selfless sacrificing, which artists/musicals/authors/actors/film makers/labels/publishers/studios you're denying revenue if you're so hung ho about telling people to follow your lead.   I would be appalled but not surprised if you're talking out your ass though.   TL;DR; you're appalled that I'm seeing new dark knight even if SOPA passed? I'm appalled that you're full of shit."}
{"_id": "54827", "title": "", "text": "You are correct that 20% has an impact on your interest rate, although it is not always hugely significant.  You would have to do your own shopping around to find that information out.  However 20% has an impact that I consider to be far more important than your monthly payment, and that is in your equity.  If the DC market tanks, which I know it has not really done like much of the country but none of us have crystal balls to know if it will or not, then you will be more easily underwater the less you put down.  Conversely putting 20% or more down makes you an easy sell to lenders [i]and[/i] means that you don't have to worry nearly so much about having to do a short sale in the future. I would never buy a house with less than 20% down personally and have lived well below my means to get there, but I am not you. With regards to mortgages, the cheapskate way that I found information that I needed was to get books from the library that explained the mortgage process to me.  When it came time to select an actual broker I used my realtor's recommendation (because I trusted my realtor to actually have my interests at heart because he was an old family friend - you can't usually do that so I don't recommend it) and that of others I knew who had bought recently.  I compared four lenders and competed them against each other to get the best terms.  They will give you estimate sheets that help you weigh not only rates but costs of different fees such as the origination fee and discount points.  Make sure to know what fees the lender controls and what fees (s)he doesn't so that you know which lines to actually compare. Beyond a lender make sure that before closing you have found a title company that you think is a good choice (your realtor or lender will try to pick one for you because that's the way the business is played but it is a racket - pick one who will give you the best deal on title), a settlment company (may be title company, lender, or other) that won't charge you an excessive amount, a survey company that you like if required in DC for your title insurance, and homeowner's insurance coverage that you think is a good deal.  The time between contract and closing is short and nobody tells you to research all the closing costs that on a $500,000 place run to in excess of $10,000, but you should.  Also know that your closing costs will be about 2% of the purchase price and plan accordingly. In general take some time to educate yourself on homebuying as well as neighborhoods and price ranges.  Don't rush into this process or you will lose a lot of money fast."}
{"_id": "54828", "title": "", "text": "\"I tried to get a friend to buy something at Monoprice - it was even cheaper there than Amazon.  However Monoprice insist you create yet another account with yet another password before they will let you make a purchase.  Needless to say he said \"\"screw that\"\" and made the purchase at Amazon.  It is amazing just how bad many of the alternatives are to Amazon, especially when the competition is Amazon where the user already has an account.  An article - [The $300m button](http://www.uie.com/articles/three_hund_million_button/) - is excellent highlighting the same issue.  Jakob Nielsen also has a [good report on current ecommerce sites](http://www.useit.com/alertbox/ecommerce.html) - note how great the failure rate is.  Back to Monoprice, I did contact them to explain that they were losing sales, explained why, pointed to the $300m button article etc.  They then explained back to me that I needed to create an account on their site before making a purchase.  Duh.\""}
{"_id": "54838", "title": "", "text": "It's worth noting that Ohio is home to a huge number of Chase employees (from the Bank One acquisition many years ago) so Ohio banning Wells Fargo may have a *liiiiiitle* bit of politics involved.  (Wells Fargo is terrible don't get me wrong.)"}
{"_id": "54847", "title": "", "text": "It's not, it also wasn't the question behind my post. You do bring up a good point that because most hospitals are privately run, they are dependent first and foremost on maximizing profits. That is the cause behind such high prices behind hospitals. The base(which i will readily admit) costs are technology as well as staffing, of course they still need to make money. Which is why it adds an additional [10-25% in some cases.](http://www.forbes.com/2010/08/30/profitable-hospitals-hca-healthcare-business-mayo-clinic.html)"}
{"_id": "54860", "title": "", "text": "\"Am I the only person on this thread to have understood the true meaning of the headline the first time I read it? I understand that its grammatical construction is ambiguous, but it's really fucking easy to figure out what the writer meant to communicate.  Then again, I *have* been living in Mexico for twenty years, so that may explain it.  Oh, and by the way, even though I understood the headline, I disagree. I strongly doubt that Cuba (except for that obscene Guantanamo concentration camp) has a McDonald's, and I'm sure that Cuba is classified as a Latin-American country in just about everybody's book.  But anyway, yay for the Bolivians! It's a democratically created socialist state, and according to the article the Bolivians voted with their wallets in this case, not by voting in politicians to decree McDonald's outlawed.  On the other hand, I hope the Bolivian politicians flat out outlaw [Bechtel](http://en.wikipedia.org/wiki/Bechtel#Bolivia) from ever doing business ever again anywhere. Bechtel's water \"\"project\"\" in Cochabamba should be notorious worldwide as one of the worst scams any corporation played against innocent civilians in history.\""}
{"_id": "54870", "title": "", "text": "If you are looking for the Top Industrial Vastu Consultant In Mumbai, then contact with the Pyramid Vastu Consultancy which offers the best Vastu consultants service to lead a peaceful life without any loss in your industry due to Vastu. To get the more information, Expplore the full blog."}
{"_id": "54916", "title": "", "text": "\"Others have covered this pretty well, but as someone who once worked for the company that allows Stansberry to publish, let me confirm that their business is about getting you to buy into the financial worldview they promote so that they can sell you more and more \"\"newsletters\"\" and \"\"services\"\". Nothing else. It's a marketing company, and Stansberry is nothing more than a copywriter.\""}
{"_id": "54932", "title": "", "text": "\"I personally take the zero percent financing plans any day.  I have done this with my car and the iphone 6s.  The vendors are trying to make it more attractive for you to \"\"afford\"\" the product.  It could show up on your credit report and impact the amount of money you can borrow in the future (e.g getting a home loan).  The other thing I do is make sure the monthly payments are automatically paid from my bank account so I don't miss any payments\""}
{"_id": "54941", "title": "", "text": "Buying Ayurvedic medicines online is very easy and has helped people all around the world in healing their diseases. In today's scenario, most of the world's population uses herbal elements and medicines to cure there health care problems by buying Ayurvedic products online."}
{"_id": "54944", "title": "", "text": "Norman Brodeur Williams Nicolas has an ironic influence on fiction. He is best known for his fictions, romantic and thriller novels. Norman\u2019s fiction combines narrative modes and authorial voices. While being interviewed, Norman said that most of his fictions are related to society and its culture. Whereas Thriller novels were just his childhood dreams. \u201cCuriosity\u201d is his first thriller novel which gained a good response and broke his image of being an author writing romantic novels."}
{"_id": "54945", "title": "", "text": "How can people afford 10% mortgage? Part of the history of housing prices was the non-bubble component of the bubble. To be clear, there was a housing bubble and crash. Let me offer some simple math to illustrate my point -  This is what happened on the way down. A middle class earner, $60K/yr couple, using 25% of their income, the normal percent for a qualified mortgage, was able to afford $142K for the mortgage payment. At 10% fixed rate. This meant that after down payment, they were buying a house at $175K or so, which was above median home pricing.  Years later, obviously, this wasn't a step function, with a rate of 4%, and ignoring any potential rise of income, as in real term, income was pretty stagnant, the same $1250/mo could pay for a $260K mortgage. If you want to say that taxes and insurance would push that down a bit, sure, drop the loan to $240K, and the house price is $300K.  My thesis ('my belief' or 'proposal', I haven't written a scholarly paper, yet) is that the relationship between median home price and median income is easily calculated based on current 30 year fixed rate loans. For all the talk of housing prices, this is the long term number. Housing cannot exceed income inflation long term as it would creep up as a percent of income and slow demand. I'm not talking McMansion here, only the median. By definition, the median house targets the median earners, the middle class.  The price increase I illustrate was just over 70%. See the famous Shiller chart -  The index move from 110 to 199 is an 81% rise. I maintain, 70 of that 81 can be accounted for by my math. Late 80's, 1987 to be exact, my wife got a mortgage for 9%, and we thought that was ok, as I had paid over 13% just 3 years earlier."}
{"_id": "54947", "title": "", "text": "\"Buy the ETF with ticker \"\"SPY\"\".  This will give you exposure to exactly the S&P 500 stocks,  This is similar to the mutual fund suggestion by Ben Miller, except that the ETF has several advantages over mutual funds, especially as regards taxes.  You can find information on the difference between ETF and mutual fund in other questions on this site or by searching the web.\""}
{"_id": "54948", "title": "", "text": "I would use the withdrawal date to record, as it represents you no longer have these funds in your account whether you have written a check and/or transferred money you should count the funds as no longer being in your account."}
{"_id": "54952", "title": "", "text": "A. Kindly avoid taking dollars in form of cash to india unless and until it is an emergency. Once the dollar value is in excess of $10,000, you need to declare the same with Indian customs at the destination. Even though it is not a cumbersome procedure, why unnecessarily undergo all sort of documentation and most importantly at all security checks, you will be asked questions on dollars and you need to keep answering.   Finally safety issue is always there during the journey.  B.There is no Tax on the amount you declare. You can bring in any amount. All you need is to declare the same.  C. It is always better to do a wire transfer.  D. Any transfer in excess of $14,000 from US, will atract gift tax as per IRS guidelines. You need to declare the same while filing your Income Tax in US and pay the gift tax accordingly.  E. Once your fiance receives the money , any amount in excess of Rs 50,000 would be treated as individual income and he has to show the same under Income from other sources while filing the taxes. Taxes will be as per the slab he falls under.  F.Only for blood relatives , this limit of 50,000 does not apply.  G. Reg the Loan option, suggest do not opt for the same. Incase you want to go ahead, then pl ensure that you fully comply with IRS rules on Loans made to a foreign person from a US citizen or resident. The person lending the money must report the interest payment as income on his or her yearly tax return provided the loan has interest element. No deduction is allowed if the proceeds are used for personal or non-business purposes.In the case of no-interest loans, most people believe there is no taxable income because no interest is paid.  The IRS views this seriously and the tax rules are astonishingly complex  when it comes to no-interest loans.  Even though no interest is paid to the lender, the IRS will treat the transaction as if the borrower paid interest at the applicable federal rate to the lender and the lender subsequently gifted the interest back to the borrower.The lender is taxed on the imaginary interest income and, depending on the amount, may also be liable for gift tax on the imaginary payment made back to the borrower. Hope the above claryfies your query. Since this involves taxation suggest you take an opinion from a Tax attorney and also ask your fiance to consult a Charted Accountant on the same. Regards"}
{"_id": "54953", "title": "", "text": "\"It's not as hard as you make it out to be.  To be honest, if you took a 37k job out of school you may not be good at selling your skills, your skills ate lacking, or you took a sub optimal job out of school and that's held you back  ( a bad position for too long can truly hamper your prospects a while - recruiters can only draw conclusions based off your history).    I'm a nobody and i have fielded \"\"those\"\" offers from the bay area.  Didn't graduate top of my class from a \"\"carnage Mellon\"\".  Didn't even grad with a CS degree (still sciency).  But your absolutely correct it's about selling yourself.  If you don't know how to talk your way through multiple rounds of moderately difficult technical interviews it'll be hard to get those jobs.  I'm not here to boast.  I'm here to say it's not the unachievable goal many think it is.  I now make near the upper bounds of your senior range in the midwest.  Only 4 years exp.\""}
{"_id": "54960", "title": "", "text": ""}
{"_id": "54977", "title": "", "text": "No, but they do have a moral obligation to give the employees that stay commensurately for the share if productivity.   If a company had 100 clerks, and fired 90 with the introduction of computers, shouldn't there be a somewhat balanced share of those savings going to the computer clerks?"}
{"_id": "54978", "title": "", "text": "Plan all your needs and put priority based on need & urgency. New Habit: Rethink. Rethink. Rethink. whenever your going to buy something. rethink before going to buy. remember what is your priority one than that and will this affect on your plans. if that affect, than dont buy. Lets leave it to that habit, that will take care of your budget yar............."}
{"_id": "54980", "title": "", "text": "\"I dunno, I had a similar experience when I bought my iPad. I used it for a couple hours (first use bliss), then when I went back to my iPhone I was like, \"\"*Is this a joke??*\"\" The screen looked so pathetically small.  But now, a week in, I appreciate both screen sizes. They're for different purposes, and the sleek compactness of my iPhone is just as important as the flexibility of a big screen on my iPad.\""}
{"_id": "54981", "title": "", "text": "Sorry for the rant, everyone's experience varies from.  family to family but there are some issues that many have in common, just search Google or books for literature on working with the family enterprise, I highly recommend it and will save you a lot of headache and stress later, learn from my mistakes, prepare yourself and you can make it work."}
{"_id": "54995", "title": "", "text": "It is dry, and he is obviously very high on himself.  But I've read some other egotistical authors and it became clear to me that Taleb is bright enough that he deserves to feel that way.  I liked the book a lot, although I will need to re-read it at some point if I want to actually begin to integrate his ideas into my own approach to investing."}
{"_id": "55002", "title": "", "text": "\"Your questions In the world of technical analysis, is candlestick charting an effective trading tool in timing the markets? It depends on how you define effective. But as a standalone and systematic strategy, it tends not to be profitable. See for example Market Timing with Candlestick Technical Analysis: Using robust statistical techniques, we find that candlestick trading rules are not profitable when applied to DJIA component stocks over 1/1/1992 \u2013 31/12/2002 period. Neither bullish or bearish candlestick single lines or patterns provide market timing signals that are any better than what would be expected by chance. Basing ones trading decisions solely on these techniques does not seem sensible but we cannot rule out the possibility that they compliment some other market timing techniques. There are many other papers that come to the same conclusion. If used correctly, how accurate can they be in picking turning points in the market? Technical analysts generally fall into two camps: (i) those that argue that TA can't be fully automated and that interpretation is part of the game; (ii) those that use TA as part of a systematic investment model (automatically executed by a machine) but generally use a combination of indicators to build a working model. Both groups would argue (for different reasons) that the conclusions of the paper I quoted above should be disregarded and that TA can be applied profitably with the proper framework. Psychological biases It is very easy to get impressed by technical analysis because we all suffer from \"\"confirmation bias\"\" whereby we tend to acknowledge things that confirm our beliefs more than those that contradict them. When looking at a chart, it is very easy to see all the occurences when a certain pattern worked and \"\"miss\"\" the occurences when it did not work (and not missing those is much harder than it sounds). Conclusions\""}
{"_id": "55007", "title": "", "text": "\"Assuming my math is correct and that I'm not missing something about Roth investments, it appears to me that either option will work out exactly the same if you will be in the same tax bracket in retirement. This is true only if your average tax rate in retirement is the same as your current marginal rate. I'm surprised none of the answers mention this since it is the crux of your question!  If you can deduct an IRA against your income taxes, it is almost always better option than the Roth equivalent. Marginal rates should not be compared to average rates or you will form all sorts of inaccurate conclusions. \"\"If you are in a lower tax rate in retirement traditional is better\"\" really means, \"\"if your average tax rate in retirement is lower than your current marginal rate, traditional is better\"\" - which for the overwhelming majority of Americans is the case. Consider the following. Let's say your intend to contribute $1000 in one year (making $2k) and withdraw it the next that is your only income in that year. Your tax brackets look like: This is quite simplified but for this purpose will illustrate precisely why comparisons like you are making are very misleading. In this case you can put $1000 in and pay no income tax at all (because you deduct it). You then withdraw $1000 the next year. The first $500 you withdraw you pay no taxes on and the next $500 has a tax rate of 15%, for a total tax of of $75. However - this is a tax against your entire withdrawal of $1000, so your average tax rate (this is important! average is different than marginal) is only 7.5% and you are left with $925. In this case you can only contribute $850 to the IRA because you are taxed against the money at your marginal rate (15%). When you withdraw it, you don't pay any taxes and are left with the entire $850 $850. This is less than the above, because you are taxed the whole amount at your previous marginal rate. If however your tax rate in retirement was 30% for everything above $500, only then are the two scenarios equal. Your marginal tax rate in retirement has to be very high relative to your current tax rate for the Roth to ever catch up and be better. If you are able to deduct an IRA contribution, it will almost always be the best option. The average federal income tax rate on middle class families has not changed dramatically enough over the past 50 years to be above normal marginal tax rates - even at the 15% federal tax bracket, your marginal rate is still higher than the highest average tax rate for the past 50 years by at least 3% and normally significantly so. The reason I make this point about middle class marginal rates is that the majority of \"\"taxes might be higher in retirement!\"\" is very unlikely to be the case in a meaningful way given the past 50 years. However if you are in the top tax rate you are paying historic low tax rates (by a factor of nearly 3), but also observe you can't do either IRA since you must make $400k/year. The difference for middle class is no where near as noticeable. Keep in mind if you can't deduct, there is no reason to not contribute to the Roth. There are other factors contributing to the traditional/Roth decision. This answer only addresses the specifics in your question.\""}
{"_id": "55022", "title": "", "text": "The most obvious use of a collateral is as a risk buffer. Just as when you borrow money to buy a house and the bank uses the house as a collateral, so when people borrow money to loan financial instruments (or as is more accurate, gain leverage) the lender keeps a percentage of that (or an equivalent instrument) as a collateral. In the event that the borrower falls short of margin requirements, brokers (in most cases) have the right to sell that collateral and mitigate the risk.  Derivatives contracts, like any other financial instrument, come with their risks. And depending on their nature they may sometimes be much more riskier than their underlying instruments. For example, while a common stock's main risk comes from the movements in its price (which may itself result from many other macro/micro-economic factors), an option in that common stock faces risks from those factors plus the volatility of the stock's price.  To cover this risk, lenders apply much higher haircuts when lending against these derivatives. In many cases, depending upon the notional exposure of the derivative, that actual dollar amount of the collateral may be more than the face value or the market value of the derivatives contract. Usually, this collateral is deposited not as the derivatives contract itself but rather as the underlying financial instrument (an equity in case of an option, a bond in case of a CDS, and so on). This allows the lender to offset the risk by executing a trade on that collateral itself."}
{"_id": "55031", "title": "", "text": "\"I'm starting to think that the catalyst for a correction will be if corporate tax reform doesn't go through.   From what I can tell, the market has already priced in a near 100% chance of a substantial corporate tax rate cut in the near future.  I think if it becomes clear that it just won't happen, a lot of analysts will adjust their models and their \"\"fair\"\" valuations come back down to earth.\""}
{"_id": "55041", "title": "", "text": "\"FWIW, I've got a printed Amazon.ca invoice that was included in a shipment of books that I received in July, 2013. In the right-side side panel, at the bottom and in fine print, it reads:  Amazon.com.ca, Inc.   410 Terry Avenue   North Seattle, WA 98109-5210   GST Registration Number/No enregistrement TPS 85730 5932 RT0001   [etc.] If I view the same order online at Amazon.ca, the on-screen version does not have that detail.  Interestingly, at the bottom of the online invoice page it says: \"\"Please note: This is not a VAT invoice.\"\" That probably should've said \"\"GST/HST\"\", for Canada, and not \"\"VAT\"\", which is presumably for the United Kingdom.  So, it would appear that Amazon may only print their GST/HST details on the shipped invoice printout. Which made me wonder: Did you purchase something that was fulfilled electronically, i.e. no physical shipment to you? e.g. a Kindle book, an app, or a service like Cloud Drive? If no physical invoice shipped means one doesn't get the required GST details, then there's still a Canadian tax requirement Amazon isn't fulfilling on such invoices, though not as broad an issue as you suspected. On the other hand, if you did get a physical invoice [and your comment confirmed you did], then what you were seeking was most likely printed on that version, just as mine was. At the moment, I'm not sure why Amazon wouldn't also include the GST number on electronic versions of invoices (whether received by email, or viewed on the web site) but if I find out more, I'll update my answer later.\""}
{"_id": "55052", "title": "", "text": "\"It's an effective way to achieve market segmentation without having to ask your customers how rich they are, and you get the benefit of finding out additional information like their address, email etc. The principle is similar to coupons on cereal boxes, anybody can get the rebate/discount if they go to the effort, but people who are cash rich/time poor are less likely to do so than those that really need the money. Joel Spolsky wrote about this and various other pricing mechanisms a while back, I like to reference the article every few weeks. It's well worth a read. Now, if you're retired and living off of social security, $7 an hour sounds pretty good, so you do it, but if you're a stock analyst at Merrill Lynch getting paid $12,000,000 a year to say nice things about piece-of-junk Internet companies, working for $7 an hour is a joke, and you're not going to clip coupons. Heck, in one hour you could issue \"\"buy\"\" recommendations on ten piece-of-junk Internet companies! So coupons are a way for consumer products companies to charge two different prices and effectively segment their market into two. Mail-in rebates are pretty much the same as coupons, with some other twists like the fact that they reveal your address, so you can be direct marketed to in the future.\""}
{"_id": "55053", "title": "", "text": "You're gonna be disappointed when you realize how much influence the president has - especially a president who has party majorities in congress.  Sure, his most extreme bills have stalled, but most of his worst cabinet appointments are working away to make the extremist agenda a reality. Just wait til he picks a new Fed chair..."}
{"_id": "55054", "title": "", "text": "Gold isn't constant in value. If you look at the high price of $800 in January of 1980 and the low of $291 in 2001, you lost a lot of purchasing power, especially since money in 2001 was worth less than in 1980. People claim gold is a stable store of value but it isn't."}
{"_id": "55064", "title": "", "text": "It's not that Millennials *can't* get a summer job, it's that that the perceived ROI on an hourly basis of going to college is higher than the minimum wage they would receive at those jobs.   The earning power of a bachelors degree is about $23k per year ($51.2k - $27.9k average salary for those w/ and w/o degrees). By taking classes over the summer and finishing 48 weeks early, one can make an additional $21.5k with a college degree. Meanwhile, one who works for those same 48 weeks at the federal minimum wage could expect to make $13.9k. And if you're not pursuing a degree then it's not really a summer job anymore.  This basic economics explains why many people have chosen to forego the summer job. I know there are many exceptions, such as places with higher local minimum wages and degrees that earn less but this is macro economics we're talking about and the basic math checks out."}
{"_id": "55077", "title": "", "text": "You're biting off a lot. Let's say you can swing 5% for a down payment: $13k.  A 30-year loan on $247k at the rate you quote gives you a payment of $1,270 per month. This does not include taxes, insurance, or private mortgage insurance (which you'll pay because you have a down payment less than 20%).  The PMI will run you about $150-$200 per month, I think, until your loan-to-value ratio falls below 80%. Plus your HOA fee, utilities, your 401(k) loan payment, etc., you're pushing $2k/month. You have a roommate in mind, and that will help, but the roommate can go, and you still own the property.  Then you get the whole payment all to yourself. If I had the option, I'd rent a little longer.  Save up for a decent down payment, and shop around for someone who is desperate to sell."}
{"_id": "55084", "title": "", "text": "I wouldn't advocate it, but one reason to pay a lower interest rate is if you have $990 on a $1000 limit credit card with 6% interest and $5000 on a $15k limit card at 10% interest. Having $500 to pay in a month and putting it on the lower interest would free up a greater percentage of credit on that card and could potentially help your credit rating I believe. I think having $1000 on 10 different credit cards w/ $15k limit reflects better than $10k on one $15k card, regardless of interest rates. Personally I think that's dumb b/c having the extra credit available is an opportunity to get into trouble a lot easier."}
{"_id": "55091", "title": "", "text": "It depends on the country and possibly the bank. In the United States, my savings accounts compound monthly, using the average balance for the month. You should have an account agreement or terms document that details how the bank does computations like interest payments."}
{"_id": "55108", "title": "", "text": "From what I understand this is what you can do : You need to raise an invoice to your brother's company in USA Your brother makes a payment into your Indian company's bank account using wire transfer straight into a bank account in your company's name. Your brother wont have to pay taxes on the money that he pays you against an invoice as it would be an expense and would not be considered as profit for tax purposes. Once you have the money you can then file your income tax returns after deducting your own expenses etc in India. I hope this helps."}
{"_id": "55126", "title": "", "text": "Thanks for the reply.  These are good points. I didn't think about the fact that they essentially control the price at that point. Especially with a contract agreement.   I decided to not go with an exclusive selling rights deal. Too much market potential to restrict myself."}
{"_id": "55131", "title": "", "text": "I was wroth amway for a little bit with her tho and I enjoyed the products and our team of people but we were no good at building that business. People and us don't mix well sometimes, after she's in her job she'll wise up in sure/hoping"}
{"_id": "55150", "title": "", "text": "The top attribute of the companies offering these machines under the tag of earthmoving equipment hire is that they have a dedicated staff for the care and maintenance of the machine and the experts say that perfectly running and good quality equipment is a pre-requisite, if you want to minimize the chances of mistakes in your project."}
{"_id": "55152", "title": "", "text": "\"I only follow the news of stocks I already own.  I use the GlobeInvest Watchlist  http://www.theglobeandmail.com/globe-investor/my-watchlist/ each Friday night.    In the drop-down views choose ALL NEWS I believe that there is a strong \"\"grass is greaner ..\"\" effect from always looking at what other stock are doing - leading to switching just before your first stock takes off. It is only when I sell some position that I go looking at other possibilities.\""}
{"_id": "55162", "title": "", "text": "It will not hurt your score to pay off your debt.  It will allow your score to start healing as you plug the holes in your report. What is CRUCIAL is how you pay off the debt.  Make sure you get, in writing, that paying $X amount will fully satisfy the debt and will close the matter as in Pay-To-Delete.  If you try to do a settlement, this is very important. Also, the moral brigade will not like my answer, but if you are close to seven years out on your debts, you might as well not pay them since they will fall off of your report after 7 years.  If you pay any part of the debt however, it will often reset the clock on those 7 years, so tread carefully."}
{"_id": "55170", "title": "", "text": "Lol Go where? They are doing nothing but expanding and have a cult like following with an extremely loyal customer base. If a city doesn't have one, they have people waiting to line up and shop at one. People drive hours just to shop at one. There really isn't another store brand you could say this about.  I think they'll be more then fine, and I'm not an even an avid fan though I do shop there once a month or more. I've traveled around the country living in multiple locations they recently expanded to and their location choices and small footprint with huge sales make them highly successful."}
{"_id": "55176", "title": "", "text": "It isn't great news, but it is still slow improvement. Check the prime working age labor force participation rate, employment population ratio, average wage, or average hours worked. They all tell the same story. An economy that isn't recovering as fast as anyone would like, but one that is clearly recovering."}
{"_id": "55177", "title": "", "text": "Subsidy usually means gratuitous financial support. For example, if for whatever reason you live much below the living average paying utility services in full might be too expensive - you'll be out of money before you even think of buying food and basic clothes. Yet it's clear that once can't live in a city without utility services.  So the government might have a program for subsidizing utility services for people with very low income - a person brings in proof of low income and once it is low enough government will step in and pay that person utility services in full or in part depending on actual income he proves. The same can be organized for anything government or some organization wishes to support for whatever reason. The key idea is someone gives you free money for spending on some specific purpose."}
{"_id": "55200", "title": "", "text": "As I understand it... Generally housing can't be considered a business expense unless taken at your employer's explicit direction, for the good of the business rather than the employee. Temporary assignment far enough from you home office that commuting or occasional hotel nights are impractical,  maybe.  In other words, if they wouldn't be (at least theoretically) willing to let you put it on an expense account, you probably can't claim it here."}
{"_id": "55216", "title": "", "text": "I hate it when this is done. I like it when design and specs are made like an athlete trains. To make things as great as you can make it and then show it off so that people can see how far you pushed the envelop. To then deliberately retard the thing, hold it back, to stupefy it. The athletes should run as fast as they can and not have their fucking shoelaces tied."}
{"_id": "55250", "title": "", "text": "Washington State doesn't have a state income tax for individuals, so unless you've got a business there's nothing to file. Find out more on their website."}
{"_id": "55261", "title": "", "text": "\"Yes and no.  You can not claim the maid service cleaning your \"\"home\"\" but you can cleaning your \"\"office\"\" or your office's facilities.  For example, If you have a mother-in-law suite in the back that you converted to an office, AND you have a maid service cleaning just that, THEN you should be able to claim the expense. Another example would be if you have a room in your house set aside as an office (careful here) AND your maid services charges $20 per room, you should be able to claim that $20.  Another example; if you have a maid service that charges you $100 to clean your house, AND you have a dedicated office in that house, THEN you may be  claim a portion of your expenses as a business expense. HOWEVER!!!! This can be very subject to your situation. For example, your much more likely to meet the criteria if you have clients in your office. Much less likely if your the only person using the office.  Also you need to be aware that what the IRS allows you to call an office is not as clear cut as it seems.  Your best bet is to ask a tax consultant.\""}
{"_id": "55276", "title": "", "text": "Why do we reward failure so greatly? I understand the parachutes may be needed in execs you bring in to save a failing company that has little hope, but a profitable business should not be giving out parachutes. If you take over a company and run it into the ground that's your fault. you don't deserve a reward."}
{"_id": "55288", "title": "", "text": "\"I definitely get where you're coming from.  The envelope system sounds good, but doesn't appeal to most people under 50 for many of these reasons (physical cash in my hand is just a hassle - it has no appeal or reduced spending affect on me). There are various options for prepaid debit cards such as https://www.netspend.com/ or you could use gift cards for things like gas and groceries (though that likely won't get you duplicate cards or automatic payments).  As far as automatic payments, just set that up through your bank. So it's still not a perfect solution.  I wish there was a better, more straightforward way, but this is the best as far as I know. Update: Ramsey solutions has since launched EveryDollar.  This is Dave's preferred solution for an online \"\"digital envelope system\"\".\""}
{"_id": "55305", "title": "", "text": "Because large stores do not pay their cashiers enough that the companies can dock the employees' pay if they allow a bad credit card to go through.  So most cashiers at large stores won't take the extra effort to check the card properly.  As a result, large stores come up with other ways to handle potential credit card fraud.  For example, they calculate a certain amount of fraud as expected and include it in their price calculations.  Or they can use cameras to catch fraudsters.   At small stores, there is a much higher chance that the cashier is either the owner or a relative of the owner.  And even those who are unrelated tend to be hired by the owner directly.  The owners do have their pay docked if a bad credit card is accepted, as their pay is the profit from the business.  So they tend to create protocols that, at least in their mind, reduce the chance of taking a bad credit card.  The cashier is often the only employee in the store to check anything.   Another issue is that small stores have a harder time getting approved to accept credit cards.  The companies that process the credit cards can take back their machine if there is a lot of fraud.  So the companies can require more from small stores than they can from big stores.  Those companies can't stop processing cards for Safeway, because they need Safeway as much if not more than Safeway needs them.  So the processors have more leverage to make small stores do what they want.  And small stores can feasibly fire (non-owner) cashiers who do not comply.   Owners of course can't be fired.  But they are far more vulnerable to business losses.  So it is really important to an owner to keep the credit card machine.  And it is pretty important to avoid losses, as it is their money directly.   Relatives of owners may be safe from firing, but they are not safe from family retaliation like taking away television privileges.  And they may also think of the effect of business losses on the family.   Large stores can fire cashiers, but they are chronically understaffed and almost none of their cashiers will consistently follow a strict protocol.  Since fraudsters only need to succeed once, an inconsistent application is almost as bad as no application.  They might charge the cashiers for fraud, but then they would have to pay the cashiers more than minimum wage specifically for that reason (e.g. a $50 a month bonus for no fraud).  For many of them, it's cheaper to risk the fraud.   And large stores can't mix owners and relatives of owners into the mix.  It's hard to say who owns Safeway.  And even if you could, the relationship between one fraud transaction and the dividend paid on one share of stock is tiny.  It would take thousands of shares to get up to a penny."}
{"_id": "55322", "title": "", "text": "\"While this seems overall a macroeconomics question and not really personal finance, let me give it a shot: The question of why corporations form in a free or efficient market is why Ronald Coase received the 1991 Nobel Prize in Economics, for his work developing the theory of the firm Corporations organize when there are transaction costs in the free market; corporations form when it is in fact more efficient for a corporation to exist than a number of small producers contracting with one another.  To the extent that corporations add efficiency to a total market, they are not \"\"zero sum\"\" at all; the net production is increased over what would exist in a market of sole proprietors who would have costs (such as researching the trust levels in counterparts, regulatory compliance, etc) that they cannot bear to engage in the same level of transactions.\""}
{"_id": "55325", "title": "", "text": "\"First, to clear up your misconceptions: The balance is not merely made up of deductible and non-deductible contributions.  There are also earnings implied in the balance .. i.e. the whole reason you invest in the first place is to realize some return on investment.  That return, a.k.a. the earnings, are included in the balance of the account.  The balance is the sum total of everything in the account, the \"\"bottom line\"\". Generally speaking, basis for an account is all of the money that has been contributed (deposited) to the account.  In the context of an IRA as described in the article, however, they are using basis to refer to only the non-deductible contributions.  Of note, however, is that basis specifically excludes earnings.  If you have deposited, say, $5000 one year and $5000 the next, then your basis is $10,000, even if the balance has grown to, say, $12,000 (which includes the earnings). As may be evident by now, earnings are not equivalent to deductible contributions.  Earnings may arise from such contributions but they are not the same.  Rather, earnings are the net positive investment results from all contributions.  Again, if you had contributed $5000 one year and $5000 the next and the balance has grown to $12,000, then the earnings portion is $2000. So to interpret what happened in the specific example provided: Over the years, the account holder contributed (deposited) a total of $15,000 into his account.  These must have been non-deductible contributions in the case of the IRA in order to arrive at basis of $15,000. Over time (and coincident with the deposits), that $15,000 grew to $24,000 .. i.e. earned $9,000 in earnings. Then, the nearly 50% drop caused the balance to decay to $13,000.  This means all $9,000 of his earnings were wiped out, plus $2000 of the original basis. The remaining $13,000 is all basis .. that is, considered to be original money deposited to the account, no earnings. In effect, the account has lost $2000 of basis, because $15,000 was deposited and only $13,000 remains.  Simplistic way of looking at it:  A $15,000 investment resulted in a final $13,000 sale, i.e. a net loss of $2000. It doesn't matter that it hit $24,000 in the meanwhile .. it could have hit $250,000 in value and then dropped to $13,000 and the net result would be the same: a loss of $2000 in basis. Traditional IRA earnings are always tax-deferred .. i.e. whether earnings arise from deductible or else non-deductible contributions, when one takes a distribution (withdraws) from an IRA and the distribution includes earnings, the earnings portion is always taxable income.  Doesn't matter if the earnings arose from one kind of contribution or the other. I don't think in this example there were any deductible contributions whatsoever. Does that make sense / help?\""}
{"_id": "55327", "title": "", "text": "Your spouse is eligible for an HSA even if you have one as long as she is covered by a qualified high-deductible plan. In the case that you both had HSAs you would be limited in how much you contribute each year, but both can have accounts. In 2015, you could each contribute $3350 to your separate HSA plans. If you have a combined plan, and even if you switched mid year, you could contribute $6650 during that year total to the two HSAs. That can be divided any way you want as long as the total does not exceed that maximum for the year. You can contribute an extra $1000 if you are over 55 years old.  (I should probably also mention that you can still make contributions for the 2015 year until April 15, 2016, because it's relevant to most who would read this. Also you can only contribute a percentage of that limit matching the percentage of months that you are covered, but if you are covered for the last month of the year, you can contribute the full amount as long as you are covered for the ENTIRE following year.)"}
{"_id": "55359", "title": "", "text": "Yeah, so the point is that without Wal-mart a lot of disabled people would be unemployed (a bigger burden on the government). Walmart gets to pay x-amount for their laborers and they still get to work. I worked at Wal-mart for 2 months. My experience might be biased since the floor manager was a total moron, but the job was not difficult. To be honest, the most annoying thing about Wal-mart are the goddamn customers. I almost got run over (this is while wearing a fluorescent jacket) about three times.   All this hate on Wal-mart is coming from over-privileged bloggers who get paid to write stupid bullshit the entire year. My friend got kicked out of his house the moment he graduated from high school. He worked at Wal-mart, got paid 10 bucks (higher than minimum wage) and managed to get back on his feet and then joined the Navy."}
{"_id": "55404", "title": "", "text": "There are a lot of certifications/designations you could look into if you're willing to put in the time to study. CFA, FRM, CFP, etc. Most financial companies will recognize these although some carry more weight than others."}
{"_id": "55407", "title": "", "text": "According to pages 6 & 7 of the instructions for form 1040 in 2009 AMT was only temporarily patched for the year. Congress can't politically afford to drastically cut AMT exemptions by 30 to 40%, and may even retroactively change it, if it isn't passed by the end of the year (despite the constitution forbidding ex post facto laws) : What\u2019s New for 2009 ...    Alternative minimum tax (AMT) exemption amount increased. The AMT exemption amount has increased to $46,700 ($70,950 if married filing jointly or a qualifying widow(er); $35,475 if married filing separately)... What\u2019s New for 2010 ...    Alternative minimum tax (AMT) exemption amount. The AMT exemption amount is scheduled to decrease to $33,750 ($45,000 if married filing jointly or a qualifying widow(er); $22,500 if married filing separately). So, if you are married, and several regular tax deductions push your income below the AMT exemption amount of $45,000, it's quite possible you would be required to pay AMT, even if you didn't last year. There is a work sheet for AMT in the instructions for line 43, but the IRS also provides an AMT calculator. According to page 146 (E-8) of the instructions for form 1040 AMT is paid as: the smallest amount you are allowed to report as your taxable income (Form 1040, line 43). It is also the smallest amount you are allowed to report as your alternative minimum taxable income   (AMTI) on Form 6251, line 29. If the [AMT calculation] is larger than your taxable income would otherwise be, enter the amount from column (c) on Form 1040, line 43 [or ...] Form 6251, line 29.  As always, congress finds ways to further complicate things by making a few credits and losses deductible against the absolute minimum you're expected to pay taxes on, making the AMT a misnomer."}
{"_id": "55422", "title": "", "text": "\"This is kind of halfway between the stuff I was talking about, and halfway to the stuff I don't want to get into. But it raises some very legitimate and relevant points that are kind of separate from the \"\"gold standard\"\" debate.   The big question, taking the banks out of it, is a two-fold one, that goes something like this:   - Is it possible to have a modern economy without credit-markets? and...  - Is it possible to have functional credit-markets without some sort of fractional-reserve currency?  For example, let's say Toyota decides to design a new car. Before they can sell a single unit, someone in Africa or somewhere has to dig up the minerals to make it, someone has to design it, tools have to be re-worked, all that kind of stuff. Building ONE CAR of a new design might cost [a billion dollars or more](http://en.wikipedia.org/wiki/Lexus_LS).   Obviously it's not realistic for Toyota to expect the first customer to pay that much: they amortize the design and tooling costs over the expected production run or whatever. Moreover, we might say that only companies that have amassed a billion dollars in physical gold from previous sales should be *able* to do that kind of thing...  But there is a relevant question of whether this makes any kind of sense. Should Toyota have to literally ship palettes or dufflebags of physical gold through middlemen and suppliers to the miner in Africa, down to the actual guy who digs up the aluminum or whatever, in order to make this transaction happen?   How would that work, without some sort of intermediary \"\"promises\"\"?   I'm imagining a scenario where Toyota sends an armored truck full of gold out to go find half-a-ton of aluminum. The drivers cannot rely on any promises or \"\"fractional reserve\"\", they must only trade the physical gold in their truck for actual aluminum or expenses along the way...   This starts to defy sanity, in a modern economy. You have to rely on the promises of middle-men and suppliers and contractors and so on. And the instant you have promises, you have fractional reserves, because people are getting paid and money is changing hands that hasn't been minted yet.   It's not just the impracticality of your local supermarket having to trade a bag full of gold for a shipment of lettuce, it's that contracts to purchase would be meaningless, because the driver would have had to give a smaller bag of gold to the supplier, who gave a smaller bag of gold to the grower, and so on... moreover, the supermarket would have to just wait to see what entrepreneurial driver shows up and what they have.   The supermarket obviously cannot \"\"order\"\" a hundred heads of lettuce per week with a promise to pay, not unless we also give the supplier permission to order a hundred heads of lettuce a week from the grower, and the grower permission to order seed and hire workers sufficient to grow a hundred heads of lettuce a week, and the workers permission to set up car-payments to get to work, and the seed-supplier to so on and so on...  That sequence of promises is ipso-facto a \"\"fractional reserve\"\" system, with or without a central bank. People are promising to deliver gold/cash/whatever that they don't currently have. Moreover, it is entirely possible in a gold-denominated currency for everyone to *keep* those promises, since the gold, like any currency, just keeps changing hands and cycling through the economy.   Your example of \"\"gold certificates\"\" is exactly equivalent to privately-arranged contracts/promises to produce a certain amount of gold on completion. It's promises all the way down, unless we insist on instant cash-transactions, e.g., literally handing an employee a dollar's worth of gold every five minutes, or whatever. If the employee is counting on the good-faith of the employer to settle up at the end of the day or week, then we have a fractional-reserve system whether decreed or not.   When you buy an iPhone or a laptop, someone had to dig up the stuff to make it, out of the ground. When you buy a cheeseburger, someone had to grow wheat and someone else had to raise and kill a cow. It's not a reasonable proposition that they should wait for you to show up with a bag of gold before doing those things, in this day and age.   We trade in promises and IOUs. Sometimes that backfires, sometimes catastrophically. But it's remarkable how well it *does* work, most of the time, and how much better it works than the times and places where people had to trade physical goods for physical goods.   This is not an argument against a gold-backed currency.\""}
{"_id": "55429", "title": "", "text": "Your skin on the face can be corrected through effective skin tightening treatments. If you are not ready to invest money for a surgical facelift but still want to remedy your facial skin, then you should go for skin tightening treatment in Noida. The commonly affected areas are the lower face, jaw line, under the eyes and chin and the abdomen."}
{"_id": "55440", "title": "", "text": "This is pretty normal.   I am in the UK and currently doing the exact same thing.  As some answers state there is additional tax law called IR35. But thats all it is, an additional tax law that may be applicable to your situation (it very well may not). It is all perfectly legal and common (all my university friends now do it). You will be the director of a company, and invoice the recruiters company.  This has benefits and disadvantages. Personally I love it, but each to their own. Don't do it if you don't want to."}
{"_id": "55441", "title": "", "text": "The average joe wouldn't... we would bury our cash in a mayonaise jar before we would take a guaranteed loss... (although the argument could be made that a positive return that doesnt outpace inflation IS a negative return)...  big corporations with billions on hand dont have that luxury however... some investments may also guarantee investors that a certain percentage be allocated to bonds... and in times of deflation a negative return could still provide a net positive return..."}
{"_id": "55443", "title": "", "text": "\"I have received a response from SIPC, confirming littleadv's answer: For a brief background, the protections available under the Securities   Investor Protection Act (\"\"SIPA\"\"), are only available in the context of   a liquidation proceeding of a SIPC member broker-dealer and relate to   the \"\"custody\"\" of securities and related cash at the SIPC member   broker-dealer. Thus, if a SIPC member broker-dealer were to fail at a   time when a customer had securities and/or cash in the custody of the   SIPC member broker-dealer, in most instances it would be SIPC's   obligation to restore those securities and cash to the customer,   within statutory limits. That does not mean, however, that the   customer would necessarily receive the original value of his or her   purchase. Rather, the customer receives the security itself and/or the   value of the customer's account as of the day that the liquidation   commenced. SIPC does not protect against the decline in value of any   security. In a liquidation proceeding under the SIPA, SIPC may advance   up to $500,000 per customer (including a $250,000 limit on cash in the   account). Please note that this protection only applies to the extent that you   entrust cash or securities to a U.S. SIPC member. Foreign broker   dealer subsidiaries are not SIPC members. However, to the extent that   any assets, including foreign securities, are being held by the U.S.   broker dealer, the assets are protected by SIPC. Stocks listed on the   LSE are protected by SIPC to the extent they are held with a SIPC   member broker dealer, up to the statutory limit of $500,000 per   customer. As I mentioned in the comments, in the case of IB, indeed they have a foreign subsidiary, which is why SIPC does not cover it (rather they are insured by Lloyds of London for such cases).\""}
{"_id": "55445", "title": "", "text": "I will never understand the logic behind this. If you buyback shares instead of funding pension liabilities... those liabilities are still there and any serious investor will factor that into the companies stock price.   I guess it's just easier to be a consistent dividend grower and cater to that audience if your outstanding shares decrease."}
{"_id": "55463", "title": "", "text": "You can write industry loss warrants. This is the closest thing I\u2019ve found since I\u2019ve been interested in this side of the ILS trade. Hedge funds and asset managers can do this. From what I understand it\u2019s you selling the risk.   Want to start a fund? \ud83e\udd14"}
{"_id": "55479", "title": "", "text": "I pulled it off. I did my own searching and so took a lot of load off my agent. As a result my agent agreed to work for 1% commission instead of the normal 3%. Got seller's agent to agree to take 4% instead of 6% and pay my agent the 1%. Seller and I pocketed the difference (I forget how exactly the split went). As it happened, my agent only had to process offers on two houses (one I got outbid on and one I got to buy)."}
{"_id": "55498", "title": "", "text": "\"For anyone who'd like to know a little more:  Basically, I'm curious about \"\"newer\"\" styles of portfolio optimization. We all know and love the classic Markowitz Mean-Variance optimization model. Gather your assets, optimize weights based on minimizing variance and maximizing return, plot your capital allocation line, find your Sharpe Ratio portfolio.  [(In case anyone doesn't know what I'm talking about, check this out, it is a very common technique still used quite widely today)](http://www.investopedia.com/terms/e/efficientfrontier.asp)  However, the Markowitz model makes a couple of huge assumptions, one of them being that asset returns roughly follow a normal distribution. Since this is not always the case, new models for risk management and optimization have emerged, starting with Value at Risk, and more recently, [Conditional Value at Risk (CVaR).](http://www.investopedia.com/terms/c/conditional_value_at_risk.asp)  You can also draw an efficient frontier for CVaR portfolios [using fairly complicated linear programming techniques, as first outlined in this very influential paper.](http://www.ise.ufl.edu/uryasev/files/2011/11/CVaR1_JOR.pdf) Fortunately, these days, the techniques are widely available in Python and Matlab packages.   For further discussion, what are your thoughts on the Markowitz model? Do you have a preferred portfolio optimization method?\""}
{"_id": "55499", "title": "", "text": "\"Someone (I forget who) did a study on classifying total return by the dividend profiles. In descending order by category, the results were as follows: 1) Growing dividends. These tend to be moderate yielders, say 2%-3% a year in today's markets. Because their dividends are starting from a low level, the growth of dividends is much higher than stocks in the next category. 2) \"\"Flat\"\" dividends. These tend to be higher yielders, 5% and up, but growing not at all, like interest on bonds, or very slowly (less than 2%-3% a year). 3) No dividends. A \"\"neutral\"\" posture. 4) Dividend cutters. Just \"\"bad news.\"\"\""}
{"_id": "55500", "title": "", "text": "If the business activities are closely related you could combine them into a single Schedule C, but in your case it sounds like it should be two separate Schedule C's. The loss from one will offset profit from the other, and your self-employment and income taxes will be based on the net of the two businesses. Any business can generate losses, make sure your expenses are reasonable and documented, there are plenty of resources out there for helping you decide which expenses are proper for each business. There is some truth to the warning that not showing profit in 2/5 of years can raise flags at the IRS, and they may deem your business a hobby, which disallows losses. That is not a hard rule, legitimate businesses can lose money for years on end without issue, if you're trying to make money at it, you'll likely be fine."}
{"_id": "55511", "title": "", "text": "I would go even further:  You should want to pay as much as possible with your return without having to pay a penalty.  This lets you keep your money as long as possible without costing you anything extra.  You don't want to overdo it and pay fees, so leave yourself some buffer.  Still, try to get yourself in the mindset that paying at tax-time is a good thing!"}
{"_id": "55513", "title": "", "text": "Conventional wisdom says (100-age) percentage of your saving should go to Equity and (age) percentage should go to debt. My advice to you is to invest (100-age) into index fund through SIP and rest in FD. You can re-balance your investment once a year. Stock picking is very risky. And so is market timing.  Of cource you can change the 100 into a other number according to your risk tolerance."}
{"_id": "55522", "title": "", "text": "Credit card merchant fees are $0.15 - $0.40 per transaction plus 1.5-4% of the amount charged. Card issuers are competing to get to be the card in your pocket that you use on a daily basis. If you were a card issuer, wouldn't you like to get 1.5-4% of every transaction I make for the rest of my life? As a side note, ever since I became a business owner and saw how much we are all paying for credit card merchant fees, I've patronized a lot more cash-only businesses. The best ones pass the savings directly on to the consumer."}
{"_id": "55523", "title": "", "text": "Cancer is on a remarkably fast rise here in the USA.  My step Dad, just had a tumor removed.  My Father in Law just died from it.  My Grandmother had a breast removed due to it.  My next door neighbor is about to have his second tumor removed.  People all around me have cancer... it seems like it's killing everyone.  But hey.. you know, its a conspiracy thing to mention that it might be caused by Glyphosate or BPA, etc..."}
{"_id": "55535", "title": "", "text": "If the position starts losing money as soon as it is put on, then I would close it out ,taking a small loss. However, if it starts making money,as in the stock inches higher, then you can use part of the premium collected to buy an out of money put, thereby limiting your downside. It is called a collar."}
{"_id": "55540", "title": "", "text": "That's fearmongering. You think a California farmer's going to farm watermelons at that price? HELL NO! They will pick something else that has a better profit margin while the midwest farms will start to produce it. If the Midwest farmers can't because it's still too costly for consumers (doubt it), then we will import them. Simple economics...."}
{"_id": "55541", "title": "", "text": "\"The part that I find confusing is the loan/stock hybridization.  Why would the investor be entitled to a 30% share if he's also expecting to be getting paid back in full? This is the part that's making me scratch my head.  I can understand giving equity and buying out later.  I can understand giving equity with no expectation of loan repayment.  I can understand loan repayment without equity.  I can even understand collateralizing the loan with equity.  I can not understand how \"\"zeroing out\"\" the loan still leaves him with a claim on 30% of the equity. Would this be more of a good will gesture as a way to thank the investor for taking a chance?  Please forgive any naivety in my questions.\""}
{"_id": "55547", "title": "", "text": "\"Your stupid excuses do not excuse people entering or residing in a country that has not given them permission to do so.  And the legal term is \"\"illegal alien\"\". No rational person thinks these are \"\"illegal\"\" people.  Say it properly, and stop your pathetic moralizing.\""}
{"_id": "55552", "title": "", "text": "Wait just a second there...  &gt; A sign advertised lots priced from the $300,000s to the $600,000s. Robinson told me that 27 of the Hideaways\u2019 58 sites have already been purchased, with the completed homes selling for as much as half a million dollars.  So, I have to buy a lot for $600,000 - then spend hundreds of thousands more building a house on that lot - and then you're telling me that the very best I can possibly do, is to then sell it for $500,000???"}
{"_id": "55598", "title": "", "text": "Like the other answers, I'm not entirely sure the equivalent exists in your country. But in the US there are thrift stores run by charities like GoodWill or the Salvation Army that sell clothes for very little money.  When my wife was in a similar situation very early in her career she learned the trick of driving to thrift stores nearest to the richest neighborhoods in town. She often found high dollar designer clothes that had been worn once (to an event or party) and then donated. Apparently it is quite gauche for the well-to-do to be caught dead in the same outfit twice. It wasn't uncommon for her to find clothes/shoes that retailed for hundreds of dollars for $10 or so."}
{"_id": "55601", "title": "", "text": "I use KMyMoney in Linux. They distribute a Mac version too. Plus, it is free!"}
{"_id": "55610", "title": "", "text": "No way.  The ride sharing space is big enough for multiple successful players.  Good analogy is soft drinks - if Warren Buffet puts money into Coke, that doesn't mean Pepsi is going out of business.  Also, Google has a large stake in Uber.  An investment in Lyft would mean Alphabet believes in the ridesharing industry and they're hedging."}
{"_id": "55625", "title": "", "text": "\"Assetz East Point is a new launch residential project located at outer Ring Road, Marathahalli in Bangalore. &lt;a href=\"\"http://www.proptiger.com/p-assetz-east-point-marathahalli-bangalore.php\"\"&gt;Assetz East Point&lt;/a&gt; has 10 ultra modern towers each of 12 floors with a total of 400 units spacious 2.5BHK &amp; 3BHK apartments.\""}
{"_id": "55634", "title": "", "text": "Military Real Estate is your source for relocation information, rental information and home purchase information for properties located around the many military bases nationwide. Our partners have realtors and property managers with experience working directly with military members, as well as expertise in the VA loan process."}
{"_id": "55639", "title": "", "text": "I still have a soft spot for the whopper Jr. It's the only thing I'll eat with mayonnaise on it. It might be psychological, but maybe once a year, it's the best burger to me :) childhood memories and all that..."}
{"_id": "55657", "title": "", "text": "I'm not a finance guy (at all), but I would think the saving habits developed over the past few years of down-turn would take awhile to break down again. Meaning people may be able to afford dinner out, but have gotten used to not spending the money on it. I would imagine many people's habits have changed."}
{"_id": "55666", "title": "", "text": "I don't think there's much you can do. Losses from the sale of personal-use automobiles (used for pleasure, commuting, etc) are not deductible as capital losses.  See IRS Tax Topic 409, end of the first paragraph.  The expenses you incurred in owning and operating the car (insurance, fuel, maintenance, service plans, etc) are not deductible either. If you used it partly for business, then some of your expenses might be deductible; see IRS Tax Topic 510.  This includes depreciation (decline in value), but only according to a standard schedule; you don't generally just get to deduct the difference between your buying and selling price.  Also, you'd need to have records to verify your business use.  But anyway, these deductions would apply (or not) regardless of whether you sell the car. You don't get your sales tax refunded when you resell the vehicle.  That's why it's a sales tax, not a value-added tax.  Note, however, that if you do sell it, the sales tax on this new transaction will be the buyer's responsibility, not yours. You do have the option on your federal income tax return to deduct the state sales tax you paid when you bought the car; in fact, you can deduct all the sales taxes you paid in that year.  (If you have already filed your taxes for that year, you can go back and amend them.)  However, this takes the place of your state income tax deduction for the year; you can't deduct both.  See Tax Topic 503.  So this is only useful if your sales taxes for that year exceeded the state income tax you paid in that year.  Also, note that state taxes are not deductible on your state income tax return.  Again, this deduction applies whether you sell the car or not."}
{"_id": "55675", "title": "", "text": "The sooner we get away from oil the better.  Drilling and fracking is destroying countless ecosystems not to mention people's lives.  When you take into account the disastrous effects it's had on the climate, its pretty much a ticking time bomb for life as we know it...    We as a society need to start voting with our money and moving toward cleaner more sustainable energy and encourage others to abandon the filthy dinosaur that is the oil industry.    I have no sympathy for these  corrupt oil companies."}
{"_id": "55680", "title": "", "text": "One important issue that has yet to be covered is the cost (to you) in terms of paperwork, lost time, and phone calls that you have to make to claim the insurance.  Such insurance claims often are very low priority on their customer service queues (for obvious reasons, since they have already made the sale). Therefore, you might have to spend up to a few hours of your time calling or writing emails to claim the warranty, which may often not be much (  Therefore, many people end up not claiming the warranty during the hassle. Much like non-scam mail-in rebates, more often than not you would either forget to or decide it is not worth your time to claim the warranty. Before buying such policies, other than the obvious cost-benefit calculations, you should also take this additional factor into account.   Therefore, many people end up not claiming the warranty during the hassle. Much like non-scam mail-in rebates, more often than not you would either forget to or decide it is not worth your time to claim the warranty. Before buying such policies, other than the obvious cost-benefit calculations, you should also take this additional factor into account."}
{"_id": "55695", "title": "", "text": "So how would you regulate the financial sector to keep one ridiculous horde or powerhouse of cash from ruling it, and keep money flowing through the whole system rather than stagnating or spiraling to a small sector?  These questions also bring to mind rivers versus blood vessels.  In rivers, you get eddies and pools.  In the circulatory system, eddies and pools lead to health issues, much like hording and enclosed loops create stagnation or poor financial health.  Just an observation."}
{"_id": "55701", "title": "", "text": "Yes the company can still pay dividends even if they aren't making a profit. 1) If the firm has been around, it might have made profits in the past years, which it might be still carrying (check for retained earnings in the financial statements). 2) Some firms in the past have had taken up debt to return the money to shareholders as dividends. 3) It might sell a part of it's assets and return the gain as dividends. 4) They might be bought by some other firm, which returns cash to shareholders to keep them happy. It pays to keep an eye on the financial statements of the company to check how much liquid money they might be carrying around to pay shareholders as dividends. They can stop paying dividends whenever they want. Apple didn't pay a dividend while Steve Jobs was around, even though they were making billions in profits. Many companies don't pay dividends because they find it more beneficial to continue investing in their business rather than returning money to shareholders."}
{"_id": "55714", "title": "", "text": "Concentrate on MVP first, after do a little testing (ask friends/family).  If MVP looks well, then start your campaign on Kickstarter or ProductHunt.  Do you have a validation of your idea? Because you need to know You can have a really good idea - but if no one don't use it, the idea will remain an idea.."}
{"_id": "55751", "title": "", "text": "If the index goes up every single day during your investment, you would indeed be better off with 2x ETFs, assuming no tracking errors. However, this is basically never the case. Indexes fluctuate up and down. And the problem is, with these sorts of ETFs, you double your win on the upside but your downside is more than double. If an index goes up 10% one day and down 10% the next, you lose 1% of the value of your investment (1.1 * 0.9). If you are using 2x ETFs, you lose 4% of the value of your investment (1.2 * 0.8), not 2%. If you are using 3x ETFs, you lose 9% of the value of your investment (1.3 * 0.7), not 3%. So, if the index will continue to rise during your holding period, yes, you are better off with these 2x or 3x ETFs. If the index falls on some days, but rises most other days, the added downside is all but certain to make you lose money even though the stock trends upward. That's why these ETFs are designed for single-day bets. Over the long-term, the volatility of the stock market, combined with your exponentially increased downside, guarantees you will lose money."}
{"_id": "55753", "title": "", "text": "Yup. I use my truck at least once a week for my job. It's also very useful hauling stuff back and forth from where I live now and my hometown 75 miles away. Not having a truck is more expensive than having one for me when I factor in the costs and time of working around not having one."}
{"_id": "55769", "title": "", "text": "A closed-end fund is a collective investment scheme that is closed to new investment once the fund starts operating.  A typical open-ended fund will allow you to buy more shares of the fund anytime you want and the fund will create those new shares for you and invest your new money to continue growing assets under management.  A closed-end fund only using the initial capital invested when the fund started operating and no new shares are typically created (always exception in the financial community).  Normally you buy and sell an open-end fund from the fund company directly.  A closed-end fund will usually be bought and sold on the secondary market. Here is some more information from Wikipedia Some characteristics that distinguish a closed-end fund from an ordinary open-end mutual fund are that: Another distinguishing feature of a closed-end fund is the common use of leverage or gearing to enhance returns. CEFs can raise additional investment capital by issuing auction rate securities, preferred shares, long-term debt, and/or reverse-repurchase agreements. In doing so, the fund hopes to earn a higher return with this excess invested capital."}
{"_id": "55772", "title": "", "text": "I would read this irs page to get an understanding of how this might negativity affect you.  There is an 800 number at the bottom of the page, I would call them and find out what your cousin did file on your behalf (ie Extension).   I would get your original paperwork back from your cousin (or look for copies) and get your return done as soon as possible (either by another CPA or yourself).  If you do owe, you owing more every day thanks to interest.  If you have a refund due, then get your refund."}
{"_id": "55778", "title": "", "text": "Crisis and volatility benefit financiers and the wealthy, even more now than they did then. Back then, anybody left standing could buy at the bottom of a depression--while it was those who needed wages to eat who really suffered. Nowadays, arbitrage and derivatives (not to mention federal policy) make volatility itself a profitable proposition for people with lots of money to invest.  That said, I don't think it's a necessary conclusion from Garfield's statement that he thought those at the top *intentionally* caused inflation and depression--merely that their actions brought it about. Maybe he was complaining that the economy would be healthier and more stable if it were truly a free market, or maybe he was arguing that greed at the top led to imprudent policy."}
{"_id": "55791", "title": "", "text": "Insurance is a funny product.  As you said, it is a little like gambling.  When I buy term life insurance, I'm essentially betting that I'm going to die within the next 20 years, and the insurance company is betting that I'm not.  I'm hoping to lose that bet! Besides all of the reasons that other answers mentioned, I think part of the reason is psychological.  As in my example, I'm setting up a kind of a win-win situation for myself here.  Let's go with car insurance, a less-morbid example than my first example.  If I don't get into a car accident, great!  If I do get into a car accident, then the traumatic event is at least offset by the fact that the financial impact to me is minimal.  Win-win."}
{"_id": "55820", "title": "", "text": "This is just a shot in the dark but it could be intermarket data. If the stock is interlisted and traded on another market exchange that day then the Yahoo Finance data feed might have picked up the data from another market. You'd have to ask Yahoo to explain and they'd have to check their data."}
{"_id": "55822", "title": "", "text": "The best way to find good quality is to check the garment tag: What kind of material is it made of? Jersey 100% cotton or any 100% cotton is one of the best quality material for most casual clothing.  Then, you should touch it (designer step/touching). You will get better along the way. If you think you will like it, it may be a good quality. You should try it. and look for similar material when shopping. It does not matter the store where you shop, you should check the garment quality because even at the expensive stores you can find bad quality.  Quality in Stitch: you should check the the garment stitch, look at the top and underneath stitches, watch for good and consist stitching pattern. especially the sides and armholes underneath of the garment.    Style is something personal. Everybody has different style, but stores are classified by age targeting. If you can find a store that usually made your style, good quality material at reasonable price. you should consider shop there. Most of the time, it will cost a little bit more or much more. BUT CHEAP IS EXPENSIVE!! you end up spending more money at the end of the year. Reasonable means a fair price for both parties, You and the seller. Neither cheap or expensive."}
{"_id": "55841", "title": "", "text": "\"I posted a comment in another answer and it seems to be approved by others, so I have converted this into an answer. If you're talking about young adults who just graduated college and worked through it. I would recommend you tell them to keep the same budget as what they were living on before they got a full-time job. This way, as far as their spending habits go, nothing changes since they only have a $500 budget (random figure) and everything else goes into savings and investments. If as a student you made $500/month and you suddenly get $2000/month, that's a lot of money you get to blow on drinks. Now, if you put $500 in savings (until 6-12 month of living expenses), $500 in investments for the long run and $500 in vacation funds or \"\"big expenses\"\" funds (Ideally with a cap and dump the extra in investments). That's $18,000/yr you are saving. At this stage in your life, you have not gotten used to spending that extra $18,000/yr. Don't touch the side money except for the vacation fund when you want to treat yourself. Your friends will call you cheap, but that's not your problem. Take that head start and build that down payment on your dream house. The way I set it up, is (in this case) I have automatics every day after my paychecks come in for the set amounts. I never see it, but I need to make sure I have the money in there. Note: Numbers are there for the sake of simplicity. Adjust accordingly. PS: This is anecdotal evidence that has worked for me. Parents taught me this philosophy and it has worked wonders for me. This is the extent of my financial wisdom.\""}
{"_id": "55845", "title": "", "text": "If you have enough assets at T Rowe Price, you get what I think is a scaled back version of the portfolio tracker for free."}
{"_id": "55858", "title": "", "text": "\"&gt;  The other big difference between Gen X and the surrounding generations, in regards to retirement, is Social Security. The Baby Boomers will have Social Security for most of the rest of their lives; it's funded, and it won't be a problem. Millenials have mostly come of age knowing that's a joke. Gen X, on the other hand, grew up and worked at least part of their lives under the assumption that Social Security, while having problems, would at least provide some help. However, with the way the economy and government is going, it's very possible that won't be a guarantee without major adjustments (decreased payout, increased retirement age, etc), so they're going to be taking it there as well.  Add in the fact that the [FICA taxation rates changed dramatically over a 3 decade time span](http://www.ssa.gov/oact/progdata/taxRates.html).  Boomers, especially the *early* contingent, were able to earn money for decades at *relatively very low* (&lt; 10%) FICA tax rates, and only faced the higher rates when many were already earning well above the \"\"cut off\"\"; meanwhile most of GenX have effectively paid +14% on ALL of their earnings for their entire working lives, from the day they left high-school or college.  *About the only \"\"benefit\"\" that GenX gets out of all of this, is that it is WE who will be able to write the \"\"epitaphs\"\" and the final history about the Boomer Generation (and it isn't going to be a \"\"love fest\"\").*\""}
{"_id": "55864", "title": "", "text": "\"I completely agree. And I can also tell you that out of the 89 \"\"cliches\"\" that this article mentioned, I've probably only heard 20 of them, and less than 10 on a regular basis (cuz let's face it, ROI actually does mean something)\""}
{"_id": "55880", "title": "", "text": "It's definitely broken window fallacy. The entire premise is that vehicle accidents cost money and productivity. If they can be avoided, we will be more productive. If we had technology that made car insurance obsolete, everyone in that industry could do another productive activity.  Textbook broken window fallacy."}
{"_id": "55890", "title": "", "text": "This guy owns a hotel and timeshare company, it's not exactly a unique business.  There are probably a thousand other people who could take it over and keep it running no problem, or another hotel and/or timeshare company that could just incorporate it into its own business.  It's not at all comparable to something as unique as Steve Jobs and Apple."}
{"_id": "55893", "title": "", "text": "Your three options are: Options 2 and 3 are obviously identical (other than transaction costs), so if you want to keep the stock, go for option 1, otherwise, go for option 3 since you have the same effect as option 2 with no transaction costs.  The loss will likely also offset some of the other short term gains you mentioned."}
{"_id": "55899", "title": "", "text": "\"I'm not sure which article you are referring to- if you are talking about the convergex article.... it literally describes what they did in the article.   Tradeworx and software company thesys(both founded by manoj narang) provide data to the sec and function as market makes- they are highly respected and handle over 5% of us equity by volume.   Their \"\"head people\"\" is manoj narang. I don't think he \"\"bailed out\"\". As you can read [here](https://research-doc.credit-suisse.com/docView?sourceid=em&amp;document_id=x569866&amp;serialid=lZPbU6l0cgAqB%2B1gg4uZFLk14dBwhfSb9lZ3%2BdmPHV4%3D) they are willing 53% of the trades they place everyday and have   He has stated in an interview he wants to explore options trading.   They were debunking myths because of the regulators wanted answers and at the time hft was not understood very well. Narang also testified at a senate committee[video here](https://youtu.be/NG47K41Q7KA)\""}
{"_id": "55901", "title": "", "text": "Am I eligible for the tax exemption if yes then under which section.  Generally Personal loans are not eligible for tax exemption. Only housing loans from qualified institutions are eligible for tax deduction. As per the income tax act; The house should be in your name. The home loans taken from recognised institutions are fully qualified under section 24B and 80C. This means you can claim Interest exemption under 24B and Principal repayment under 80C. The Act also specifies that loan can be taken from friends/relatives for construction of property and will be eligible for Interest exemption under 24B only. The principal will not be eligible for exemption under 80C. Read the FAQ from Income Tax India. There has to be certificate showing how much interest was paid on the said loan. Further there should be records/receipts on how the money was spent. There is difference of opinion amongst CA. It is best you take a professional advise."}
{"_id": "55916", "title": "", "text": "True story:  There are several Admirals in the United States Navy that still do not understand how to use e-mail. They have their staff print the e-mails into hard copy and then either hand write or type a reply (on a typewriter) for their staff to send back as an e-mail."}
{"_id": "55920", "title": "", "text": "You have plenty of good answers, but I want to add something that might help you grow your intuition on stocks. There are a lot of differences between the example I am going to give and how the stock market actually runs, but the basic concepts are the same. Lets say your friend asks you if he can borrow some money to start up a company, in exchange you will have some ownership in this company. You have essentially just bought yourself some stock. Now as your friend starts to grow, he is doing well, but he needs more cash to buy assets in order to grow the company more. He is forced with an option, either give you some of the profits, or buy these assets sooner. You decide you don't really need the money right now, and think he can do a lot better with spending the money to buy stuff. This is essentially the same as a company electing to not pay dividends, but instead invest into the future. You as a stock holder are fine with it since you know the money is going toward investing in the future. Even if you never get paid a dividend, as a company grows, you can then turn around and sell the stock to someone else for more money then you gave originally. Of course you always take the risk of having the company failing and loosing some if not all of your investment, but that is just the risk of the market."}
{"_id": "55924", "title": "", "text": "Isn't that a deduction mostly used by the top 1%? There seem to be mostly 2 types of people, those who own many homes, And those that rent them...  I always thought the mortgage interest deduction was used substantially more by the wealthy than the middle class... (Luxury homes also offer higher deductions right?)"}
{"_id": "55953", "title": "", "text": "Why do you say we need a national ID?    IMO we're in this mess not because we needed a nation ID, but because it was easier/cheaper to just use an SSN for identification instead of the plethora of other options we already have at the state level."}
{"_id": "55954", "title": "", "text": "(Note: The OP does not state whether the employer-sponsored retirement savings are pre-tax or post-tax (such as a Roth 401(k)). The following answer assumes the more common case of a pre-tax plan.) This is a bad idea, IMHO. IRS Pub 970 lists exceptions to the 10% early withdrawal penalty for educational expenses. This doesn't include, as far as I can tell, student loan payments. So withdrawing from your retirement account would incur both income tax and penalties. Even if there were an exception, you'd still have to pay income taxes, which, depending on the amount and your income, could be at a higher marginal rate than you are currently paying.  If you really want the debt gone as soon as possible, why not reduce the amount you contribute to the retirement plan (but not below the amount that gets you the maximum employer match) and use that money to increase your monthly payments to the student loan? Note that, if you do this, you will pay taxes on income that would have been tax-deferred in order to save money on interest, so there's still a trade-off. (One more thing: rather than rolling over to your new company's plan, you could roll over to a self-directed Traditional IRA.)"}
{"_id": "55960", "title": "", "text": "My first apartment was a large 750 sq foot studio apartment. I am sure you could find a smaller studio apartment. There is no reason a minimum wage employee should expect to live in an average apartment when they make below average wages, they should expect to live in the least expensive housing type or with their parents. Originally, minimum wage was for a kids first job, not for an adult working fast food. At some point kids stopped working in high school. I had jobs in high school. In the last 10 years something changed."}
{"_id": "55962", "title": "", "text": "\"While It is understandable to be concerned about the choices offered between Mr.20% and the Oft Returning Hemorrhoid, I don't think the US should be lecturing you about a stable government.  It turns out the US Secretary of State Called the US President a \"\"Fucking Moron\"\", so this meeting you had, don't put to much weight in it, you will have to have it again with the new US Secretary of State and explain all over again that the Taliban is not a type of crop that covers 40% of Afghanistan and no, minerals cannot really be found in President Ghani's ass, it was just a figure of speech.\""}
{"_id": "55968", "title": "", "text": "\"How, exactly, did you differentiate yourself from the rest of the pack?  Networking.  I also tailored all of my resumes blasts to the company/position.   \"\"isn't the internet generally where network groups are announced?\"\"  Yes.  The point is to go to them.  Not just blast your resume out to email addresses.\""}
{"_id": "55969", "title": "", "text": "for one thing, marketing.  e.g. there are some ads that runs on radio 5-10x a day every day over networks reaching many tens of millions every day.  if you're working a website site as your pitch, the big marketer crushes you with massive exposure, 800 phone numbers, live 24 hour service...etc"}
{"_id": "55979", "title": "", "text": "I am under the impression these comments are where we put our subjective thoughts. Kind of like how all of your comments are subjective as well.   I have not heard Trump express such thoughts. Regardless, what he says is always meaningless pandering."}
{"_id": "55985", "title": "", "text": "Generally, you need something that goes up over time during periods of index decline, but otherwise holds some value.  Historically, people tend to use gold for that purpose.  But with gold also set up for possible declines, that raises questions.  Silver has dropped a bit more than gold in terms of percentages.  If you think the downward motion will be in the form of sudden jumps, you can look at putting some of your money in puts away from the current price, but you can easily wind up paying too much for this protection.   In the case of a deflation, most things lose value vs. money, and you want all cash. These things might already be obvious.  I don't think there is a clear answer to your question.  But if the future were clear, the present market could possibly anticipate and adjust... one reason the future of the market always seems a bit murky."}
{"_id": "55999", "title": "", "text": "In the UK, this is the very definition of a Public Limited Company.    A Limited Company can restrict how its stock is trades and who can buy and sell and when, a Public Limited Company cannot. Most stock exchanges will only allow Public Limited Company stock to be traded. Therefore a company can control who its stock holders are or be traded on a Stock Exchange."}
{"_id": "56027", "title": "", "text": "As with everything else, it's a question of trade-offs. Pros For Buying In Bulk Cons For Buying In Bulk Inventory cost. You need to purchase more shelving/cupboards to stock the goods.  This is a real cost. The psychological effect of having more means you are more likely to use more, thus costing you more. Deflation of the cost of the item should occur over time in a well-functioning market economy.  A $10 item today might be $9.50 in one year in real terms. There is a real opportunity cost associated with overbuying.  Granted, an extra $100 in your bank account won't be earning too much if you have to spend it one month later, but it does mean you have less financial independence for that month. Risk of spoilage.  There is a nonzero risk that your goods could be ruined by flood/fire/toddler/klutz damage. You need to decide which of these pros and cons are more important to you.  Financially, you should only buy what you need between shopping trips.  In reality the convenience of holding goods in storage for when you need them may outweigh the costs."}
{"_id": "56028", "title": "", "text": "Yes. Sears and Walmart didn\u2019t destroy the economy, they set the bar higher.  Let markets do their thing. Amazon eventually will show a weakness and then the innovators dilemma will take over, just like it always has.   Markets consistently consolidate and fragment. It keeps things healthy :)"}
{"_id": "56044", "title": "", "text": "\"When I was in this situation, I always did Married Filing Separately. In the space for spouse you just write \"\"non resident alien\"\". I'm assuming you don't make more than the Foreign Earned Income exclusion (about $100k), so the fact that you don't qualify for certain exemptions is probably irrelevant for you.  As a side note, now that you are married you have \"\"a financial interest in\"\" all her bank accounts so if her and your foreign bank accounts had an aggregate value of over $10k at any point in 2015 you have until June 30th to file an FBAR, listing both her and your accounts. If you have a decent amount of assets you might need to fill out form 8938 with your tax return too. Here is a link with the reporting thresholds. https://www.irs.gov/Businesses/Corporations/Summary-of-FATCA-Reporting-for-U.S.-Taxpayers\""}
{"_id": "56052", "title": "", "text": "What I think was being asked (and so this is how I interpreted it) is not the transition from public to private, but a corporation itself buying all its shares back, and as a result having no shareholders.  In this case we could envision that all outstanding shares would be become treasury stock.  My argument was that this would never happen in a practical setting.  Obviously, if you interpret the question differently, for instance to be about all the shares of firm being purchased by someone else (as in a private equity buyout), you get very different answers about practicality.  So I'm not disagreeing with you at all, I just read the question differently."}
{"_id": "56061", "title": "", "text": "Apple does not have a philosophy of marketshare at any cost. They have a goal of making a healthy profit from whatever they do. So the only share they do care about, is profit share, and they are winning that one.([1](http://www.macrumors.com/2012/05/03/apple-and-samsung-claim-99-of-profits-among-top-mobile-phone-vendors/))  This race to the bottom that android makers might be participating in, is not interesting for Apple to take part of. They want the status of a luxury item, and have people desire to at some point have an iPhone of their own.   They are already making the iPhone more accessible on the marked by keeping production of older models and selling them for a reduced price. But is only as long as those models can keep a good profit margin, and keep up sales."}
{"_id": "56063", "title": "", "text": "\"Why is this even on the table?  It's effectively a **revenue neurtral** proposal! You still pay taxes on \"\"tax deferred\"\" retirement plans - In fact, I would dare say that in most cases, people end up paying **more** in taxes, because they pay it as regular income rather than LTCG.   The poor will still eat cat food and live on SSI; the rich consider what $18k/year would get them as a laughable pittance (and I say that as someone who *doesn't* grudge them their wealth).  This will *only* have the effect of fucking the middle class.  There is absolutely no other possible interpretation.\""}
{"_id": "56065", "title": "", "text": "Cool! Financial IT is fun. Banks wouldn't run without us :).  I'm doing a Master's while working part time in IT in an investment bank. I'm kind of on the fence of if I should go for a more technical profile (software development) or business profile (IT business analysis). It's quite the different career tracks..."}
{"_id": "56071", "title": "", "text": "Well underwater means their property has lost value, so by definition its not their fault.   Neocons blame people who sign up for payments they cant afford which really is their own fault if they just didn't take into account the full term of their loan and just paid attention to the first months payment."}
{"_id": "56093", "title": "", "text": "That's like saying movie ticket sales are down because the current crop of films are garbage. Nobody wants the current crop of games. It's also summer and people tend to game more in colder weather.  And they excluded digital downloads. Some if the best titles are tiny indie games, and they tend to be download only. Who has a super meat boy disc?"}
{"_id": "56118", "title": "", "text": "Let's work from the inside out. Options are not stock. Options are a contract that give you the right to own the stock. For options to have value they have to be exercised. Straight line means that each quarter 1/16th of the option grant becomes yours and the company cannot take it away. Four quarters in a year times four years is 16 quarters. 'Grant' means they are giving you the options at no cost to you. 'Nonqualified' means that there is nothing you have to do, or be, in order to get the options. (Some options are only for management.)"}
{"_id": "56126", "title": "", "text": "That may depend largely in which country you are in, the legislation in that country and the state of the economy and property market (more specifically) at the time of the foreclosure. In Australia, where we do not have non-recourse loans (except in SMSFs) the banks are obliged to recoup as much as possible for the mortgagee, however they would not hold on to the property indefinitely, as that could cause other problems and they have to return the mortgagee portion of the funds back to them (if there is any funds left after the bank takes their portion).  In 2008, when the property market here was weak we had bought some foreclosure houses and were able to get them 20% to 25% below what they were selling at the year before. If there was a forclosure in today's strong market in Australia (and especially in Sydney), I dought you would get much of a discount at all. So it may largly depend on the demand and supply at the time of the forclosure."}
{"_id": "56129", "title": "", "text": "\"I would start by taking it to your bank and asking them what they think. They can probably call the bank on the check and find out if it is still good. If they let you deposit the check, I would wait a couple of weeks before spending the money, in case the issuing bank decides that the check is no good, and your bank wants its money back.  If you are told that the check is not good anymore, the next thing I would do is to check with your state's treasurer's office and see if they have any \"\"unclaimed money\"\" for your mother.\""}
{"_id": "56140", "title": "", "text": "&gt; If someone who is paid $200k+ a year is flying long haul to participate in some meetings, I want them at their best at those meetings, as their time is worth $100/hr.       I work with plenty of people in private industry who earn far more than that who only get economy flights paid for."}
{"_id": "56147", "title": "", "text": "\"Week after week, I make remarks regarding expenses within retirement accounts. A 401(k) with a 1% or greater fee is criminal, in my opinion.  Whole life insurance usually starts with fees north of 2%, and I've seen as high as 3.5% per year. Compare that to my own 401(k) with charges .02% for its S&P fund.  When pressed to say something nice about whole life insurance, I offer \"\"whole life has sent tens of thousands of children to college, the children of the people selling it.\"\" A good friend would never suggest whole life, a great friend will physically restrain you from buying such a product.\""}
{"_id": "56179", "title": "", "text": "\"Here's a sneak peek of /r/gatekeeping using the [top posts](https://np.reddit.com/r/gatekeeping/top/?sort=top&amp;t=all) of all time!  \\#1: [People are always judging millennials nowadays](https://i.redd.it/luvt6kxmnpez.jpg) | [1129 comments](https://np.reddit.com/r/gatekeeping/comments/6slbnf/people_are_always_judging_millennials_nowadays/)   \\#2: [You think 4th grade is tough?](https://i.redd.it/k7liosnjfjlz.jpg) | [332 comments](https://np.reddit.com/r/gatekeeping/comments/6zup3b/you_think_4th_grade_is_tough/)   \\#3: [My friend says I'm not allowed to get Szechuan sauce because I'm not a \"\"true\"\" Rick and Morty fan](https://i.redd.it/bu74834vcgqz.jpg) | [1696 comments](https://np.reddit.com/r/gatekeeping/comments/74wlu3/my_friend_says_im_not_allowed_to_get_szechuan/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)\""}
{"_id": "56196", "title": "", "text": "\"There isn't really a generic options strategy that gives you higher returns with lower risk than an equivalent non-options strategy. There are lots of options strategies that give you about the same returns with the same risk, but most of the time they are a lot more work and less tax-efficient than the non-options strategy. When I say \"\"generic\"\" I mean there may be strategies that rely on special situations (analysis of market inefficiencies or fundamentals on particular securities) that you could take advantage of, but you'd have to be extremely expert and spend a lot of time. A \"\"generic\"\" strategy would be a thing like \"\"write such-and-such sort of spreads\"\" without reference to the particular security or situation. As far as strategies that give you about the same risk/return, for example you can use options collars to create about the same effect as a balanced fund (Gateway Fund does this, Bridgeway Balanced does stuff like it I think); but you could also just use a balanced fund. You can use covered calls to make income on your stocks, but you of course lose some of the stock upside. You can use protective puts to protect downside, but they cost so much money that on average you lose money or make very little. You can invest cash plus a call option, which is equivalent to stock plus a protective put, i.e on average again you don't make much money. Options don't offer any free lunches not found elsewhere. Occasionally they are useful for tax reasons (for example to avoid selling something but avoid risk) or for technical reasons (for example a stock isn't available to short, but you can do something with options).\""}
{"_id": "56206", "title": "", "text": "IANAL, but I'm pretty sure buying something at a store does not enter you in a contract with the store.   Also, Target made up the rule about not allowing gift cards and then chose not to enforce it. According to the article, they chose not to enforce it over and over again. In fact, when the promotion ended, Target renewed it with the same terms! Calling these customers cheaters is baseless."}
{"_id": "56214", "title": "", "text": "\"1.- Every dell computer owner knows what is this diagnostic test for? maybe you can explain some stuff about it (you can Insert bullet points in the video, just one word, while you say it).  2.- What is your segment are you targeting with these videos? what do you know about the people that looks for tips, advices in youtube (age, gender, tech savvy?) if your audience is young I would suggest to make the videos more \"\"fresh\"\", different music, intro, maybe some jokes. On the other hand if your audience is old and not tech-savvy at all you will have to be more clear, maybe you start with instructions in bullet points and then you show how to do it in a computer (pressing the keyboard, showing the screen, etc.).  That's my humble opinion\""}
{"_id": "56216", "title": "", "text": "Your emergency cargo is delivered to its destination under the supervision of our expert team, through an optimized system that minimizes all documentation procedures and ensures the shortest delivery time. Air Charter Control is your ideal solution partner for territories and airports to which there are no airline flights."}
{"_id": "56235", "title": "", "text": "Walmart has been rolling out click-and-collect for the last couple years and is doing an amazing job of it. I've talked to a lot of mothers who have tried it and they absolutely love it. When you've got a bunch of kids, all you have to do is pull into the parking lot and Walmart places your groceries and anything else you bought into your trunk. The workers have been trained to pick out the best produce and I've heard nothing but praise from those who have used it. If anything, this seems like Amazon playing catch up this time."}
{"_id": "56238", "title": "", "text": "Yeah it's not that uncommon to work at least in large part for stock options for start ups. They literally have people who invest large sums of money in them just for stocks (very frequently they use venture capitalists or angel investors for capital), same line of reasoning can apply to writing some code. The OP dude reacted (and acted) really poorly and the programmer acted pretty reasonably though."}
{"_id": "56260", "title": "", "text": "Kushagra Bajaj received a young entrepreneur, He also acheived`Young Achiever\u2019 award by the jury of the tenth  Rajiv Gandhi Awards. Prior to this, India Today  and he was nominated for the Indian government's Padma Shri award. Bajaj became Chief Executive with overall responsibility for operations at Bajaj Hindusthan Limited. He was later appointed Vice Chairman of the Bajaj Group."}
{"_id": "56279", "title": "", "text": "\"Why do these stories use the word \"\"avoid\"\" instead of \"\"delay\"\". It's only \"\"avoided\"\" if they never bring the money into the US and instead find some way to spend it off shore. If their stockpile gets too big, investors are going to want some sort of return.\""}
{"_id": "56292", "title": "", "text": "\"Edgar Online has this information for companies under SEC regulations and they are reported in \"\"Form 4\"\" so that should help guide your search\""}
{"_id": "56314", "title": "", "text": "Pruitt is a shameless whore for profit-making non-human entities which have first Amendment rights to influence you and Congress with their billions of dollars.  And oh yeah, those non-human legal entities don't have to breathe air, so why should they care about protecting the environment, which would reduce their profits?"}
{"_id": "56315", "title": "", "text": "Based on my research while asking How are unmarketable market orders (other side of the order book is empty) matched with incoming orders? and the one answer there, it seems like there are a few things for certain: All of this of course depends on the exact algorithm specified by the given exchange - I don't think there's a standard here."}
{"_id": "56316", "title": "", "text": "I used to work at a toys r us after my freshman year of college. There were about 4-5 of us responsible for the 2nd most busy/profitable store in Atlanta. Half the time I had to handle the overflow of customers in my R-Zone. They did not pay that great, offered no advancement, and treated everyone like crap."}
{"_id": "56320", "title": "", "text": "Small companies need not pay out heft dividends. It makes much more sense to invest it directly in to the company to build  a stronger company and produce future results. For example just say Mike see's a company called Milk Inc.  Milk inc is doing very well and for the last three year's the amount the profits are increasing by has been going up by 10% the company is still small and doesn't do dividends. Mike see's opportunity and snatches up 1000 at 2.20 , He knows this company does not pay dividends. 10 years pass and this company is absolutely booming  profits are still going up the company has decided to start paying hefty dividends as it no longer needs as much money to invest in it's growth. Shares are now valued at 6.80 . Mike banks."}
{"_id": "56329", "title": "", "text": "My personal opinion, start a small business and just do it. You will learn faster than anything you can learn online. Keep it small, then when the disasters come, you can recover. Decide what kind of business you want to do, what area, then just start. Feel free to PM me if you need help. Also, SCORE is a consulting group of retired executives, Free, and you can get a lot of advice there too. Classes are fine, but if you want to do business, just do it, you will learn more, faster, than any class (once you figure out what kind of business you want to do)"}
{"_id": "56332", "title": "", "text": "When you're debt free everything you own feels different. The lack of financial stress in your life goes away. BUT! before you do go gung-ho on paying down debt think through these steps (and no I did not come up with them. Dave Ramsey did and others). Truncated from - http://www.daveramsey.com/new/baby-steps/ I have 1 credit card. Only use it for business/travel but pay it off every month (yay for auto-draft). Everthing else is cash/debit and we live by a budget. If it's not in the budget we don't buy it. Easy as pie. The hard part is disciplining yourself to wait. Our society is gear for BUY NOW! PAY LATER! and well you can see where that has taken our country and families. And celebrate the small victories. Pay off 1 debt then go have a nice dinner. Things like that help keep you motivated and pursuing the end goal."}
{"_id": "56340", "title": "", "text": "\"I agree, and would add that the Sears website is the worst \"\"major retailer\"\" I've shopped online.  They can't track stock based on what is sold.  Many of their products are sold by shady 3rd parties, and the search results are almost useless.\""}
{"_id": "56342", "title": "", "text": "Tackling your last point, all banks in the EU should be covered to around \u20ac100,000. The exact figure varies slightly between countries, and generally only private deposits are covered. In the UK it's the FSCS that covers private deposits, to a value of \u00a385,000, see this for more information on what's covered. In France (for a euro denominated example), there's coverage up to \u20ac100,000 provided by Fonds de Garantie des D\u00e9p\u00f4ts, see this (in French) for full details. There's a fairly good Wikipedia Article that covers all this too. I'll let someone else chime in on the mechanics of opening something covered by the schemes though!"}
{"_id": "56364", "title": "", "text": "Pure Chocolate Indulgence provide professional chocolate fountain hire for all special occasions and functions covering the East Midlands, Nottinghamshire, Derbyshire Leicestershire, Yorkshire right down to London.  Due to our quality chocolate and outstanding service within the industry we were invited to stand at the 2012 Olympics.  We also supply:- personalised chocolate bars and love heart sweets, sweet cart hire, sweet buffet hire, candyfloss hire, popcorn hire, milkshake bar (the only company to offer this service), waffle station, champagne/drinks fountain (5 gallons), red and gold carpet hire with stanchions. From wedding receptions to children\u2019s birthday parties, Pure Chocolate Indulgence can tailor a hire package to suit your event and personal tastes.  Copies of our Public Liability insurance, PAT certificates of electrical equipment and appropriate food hygiene certificates can be supplied upon request."}
{"_id": "56369", "title": "", "text": "\"Doesn't it make more rational sense to have business people running hospitals though? I mean, generic \"\"business\"\" skills are much easier to come by than doctoring skillls -- and if you get business people running the hospitals, then you can have mor doctors working in them.\""}
{"_id": "56379", "title": "", "text": "Yeah, too subjective of a question I shorted BP last year during the deep water crisis, using a leveraged account 20 times larger than the amount of cash I actually had, instantly profitable. I was long Freddie Mac in March 2009 and that took several months to turn to move and turned a 100% gain I've flipped penny stocks trading at .0001 cents, bought a few million shares and sold them at .0002 cents. Sometimes instantly, sometimes over several months because they were illiquid I'm primarily a derivatives trader right now, which I did not know about or understand less than a year ago. Dont have crazy targets, that how you will blow up your account. Have meticulously calculated plans. Also you need to determine what kind of trader you are."}
{"_id": "56391", "title": "", "text": "Well, it's the manufacturers who provide the software, not the banks.  Very often, the banks have little to do with the ATMs other than ensuring they have a good network connection (unless said ATM has a cell modem) and loading them with money.  Sometimes they don't even load money and have armored companies do it for them.      As to why NCR, Diebold, Hysosung, etc have opted to use Windows, you'd have to ask them.  I'm no IT guy, just someone who learns what I need to as different things come up.  Put it this way:  I also use drills and angle grinders on safes, vaults and other things, but I'm not trained in metalwork."}
{"_id": "56392", "title": "", "text": "It's hard to financially justify buying a house just for one person to live in. You end up being 'over-housed' (and paying for it). Would you rent a whole house for yourself?  A condo might be an option - but TO ME the maintenance fees are hard to take (and they are notorious for increasing dramatically as the building ages). You could consider buying a house that includes 1 or 2 rental units, or sharing with a friend. You do run the risk of having bad tenants though, and you have additional maintance to deal with. Having a rental unit in my modest house has worked out very well for me (living alone), and I have been VERY fortunate with tenants."}
{"_id": "56396", "title": "", "text": "All rules have unintended consequences.  The more complex the ruleset, the more difficult it is to predict the outcome.  The choice is fundamentally to constantly change the rules, and pile rules on top of rules, or simplify the rules and make them more permanent.   If what the MP was suggesting was tax-code simplification in order to reduce the unintended side-effects then I would call this smart.  However adding extra rules and making the tax-code denser and more difficult to follow I believe makes the 'intent' of the law _harder_ to follow, undermining the purpose of creating the new rules."}
{"_id": "56405", "title": "", "text": "\"No, but it is certainly a possibility. the efficient market hypothesis would say that this means that the market perceives the present value of all future earning as negative. These earnings might take the form of a writedown of assets at some point. (Companies carry a goodwill asset that is generally imaginary.  They book that asset when they buy companies for more than they are worth.) It would be as if PRUN was a stock tracking my life.  If I bought my house in 2006 for $1 million cash. I might have a book value of $1 million.  However, PRUN might trade at $500k because the market knows that my asset isn't really worth $1 million and at some point my earnings will take a hit to reflect that. It might also mean that future \"\"real\"\" earnings \"\"ie actual profit and loss on sales\"\" are going to be negative. This would mean bankruptcy is more likely.\""}
{"_id": "56410", "title": "", "text": "Very cool! good for you. We're a rare breed - actually doing something with our finance knowledge.  The rotten part I think is they've had enough success to be self employed. At that point, you start realizing the limitations of most people when you are successful, and so you become closed off. I'm as guilty of this as they were.  &gt; conservative.... but it's not for me  You're right on that part. Definitely have to see what your sweet spot is and stick to that. Anything that requires me to constantly check up on the industry is out for me. But I follow tesla for many reasons and it's something I worked hard to get comfortable with (more than 1,000 hours). My comfort zone is owning 4 stocks after looking at 1,000+. And watching them closely, ignoring the rest. I also don't have time for much more. My other favorite, that might be more up your alley: Davita (DVA). I am a big fan and comfortable with the industry to know they're going to do well from here."}
{"_id": "56411", "title": "", "text": "What a bizarre explanation of what's really happening here- or more specifically, what isn't happening.   This will solve some logistical issues related to multicenter treatment and certain tests that are outsourced to more specialized institutions, but had absolutely nothing to do with speed or accuracy of molecular profiling of cancers.  Current modalities absolutely  do not take 8-10 weeks to complete. They take a couple days at most. The only context in which any of this makes sense is one in which you assume full genotyping of all patients in the very near future, with a robust improvement in our understanding of the molecular underpinnings of cancer. Let's say we have a  patient with lung adenocarcinoma who we want to test for egfr mutation status, to determine whether we need to initiate erlotinib therapy.   We don't need or want the full genome. All we need is specific exon sequencing.   Talking about a nationwide network of information only makes sense if we plan on having bioinformaticists go nuts exploring genes that we currently have no understanding of with regard to pathogenesis or treatment of cancer.  Saying this will speed diagnosis is like saying a faster internet connection will help you build a computer way faster. It's nonsensical."}
{"_id": "56412", "title": "", "text": "There are quite a few things you would need to do; Estimate how much you are earned, find out the tax liability and pay the tax in advance to Income Tax. You can do it online as well, go to the Income Tax website The interest you earn is also taxable and Bank would deduct a nominal amount, ensure that you have PAN registered with the Bank Account. You need to add this to your overall income and pay tax. You would also need to file returns every year."}
{"_id": "56420", "title": "", "text": "Since you're a student, I presume you will not be needing a computer that needs to do heavy lifting, unless of course you are studying data analytics programme.  I suggest you have a look at this link: https://www.reddit.com/r/SuggestALaptop/comments/5sh111/2017_best_laptop_recommendations_guide_for/  Get one that is in the lower spectrum of your budget for now, and focus on getting the skills before you purchase an expensive one.  All the best!  EDIT: Check /r/trumpssaggingFUPA comment - highly recommend this otherwise its going to be pain to input the numbers"}
{"_id": "56422", "title": "", "text": "Longing the short ETF will give you better returns than shorting the long etf.  The reason is that as the price gets the smaller the absolute price change gets a lot smaller. So you would rather have upward price exposure than downward.  A good case is SPXU and UPRO"}
{"_id": "56424", "title": "", "text": "This article is very short on details. How much Bitcoin did he buy? If he spent $10k or more the bank is LEGALLY REQUIRED to ask why he is buying it, just as they would be if he was withdrawing the cash.  What's more, the threshold can be far lower than 10K, especially if it appears you  are doing multiple  transactions for  the express purpose  of being below 10K. Since the article explicitly said he did multiple transactions, this is a likely possibility as well."}
{"_id": "56427", "title": "", "text": "Michael Moojan Mavaddat is the Managing Director of International Land Developments Pty Ltd (ILD) and with over two decades of extensive experience in both Residential and Commercial developments, ILD is a specialist property development company dealing with large scale land acquisitions and developments."}
{"_id": "56454", "title": "", "text": "As you can tell from books already posted here, the way you asked the question is very broad. If you want the nuts and bolts of running a business with more than 10 people here are some I'd recommend.  Kiss Theory Goodbye by Prosen Mastering the Rockefeller Habits by Harnis Awesomely Simple by Spense  See my other reviews of business books at https://www.librarything.com/catalog/BizCoach"}
{"_id": "56461", "title": "", "text": "First of all, bush was a liberal. He expanded the federal government to a size that had never before been reached. So yes, liberal policies fail.  Speaking of which! Glass steagall's repeal was the biggest reason for the financial crisis. Clinton repealed it. Obama didn't reinstate it.  Liberal policies never DON'T fail."}
{"_id": "56481", "title": "", "text": "But how can you have continued growth? Nothing is perpetual at least not in real life - maybe in theory :)  I'm guessing you're talking about growth in the money supply right? Well how can you keep growing your money supply indefinitely if doing so requires the creation of a larger amount of debt than the amount that already exists?  Think of it in rounds. If each round of debt requires that new debt to the amount of 105% of the old debt is created, how long can you keep that running for? You've essentially got the principle of compound interest working against you.   I'm obviously missing something really big because this seems ridiculous to me..."}
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{"_id": "56485", "title": "", "text": "I\u2019m preparing for an interview with Vanguard &amp; What I was told to do was to practice answering behavioral questions in the STAR format. Made a word doc answering popular questions in that format. Also just know as much as possible about the company. Reading their market and economic outlook and asking a question based on that could be good too."}
{"_id": "56490", "title": "", "text": "\"I guess the best option in the end depends on your legislation, and maybe on the local insurance \"\"habits\"\" - I don't know anything singapore, but here some general thoughts about the problem. More specialized thoughts:\""}
{"_id": "56506", "title": "", "text": "You're most likely required to file in both for 2013 - since you've lived in both. From 2014 and on you're definitely a NY resident (since you're renting a place there and live there), and you may very well continue being NJ resident (since you're essentially continue being domiciled there). I suggest talking to a EA/CPA licensed in NY and NJ to try and see what you can do to avoid being resident in both the states, or see if it is at all an issue other than filing everything double."}
{"_id": "56515", "title": "", "text": "\"very smart viewpoint in my very humble opinion- \"\"The lesson is that there\u2019s more than one way for a state to have a successful economy. That\u2019s a sentiment that is seldom shared because you can\u2019t score partisan points saying things like, \u201cThere is more than one way to do something.\u201d Don\u2019t @ me, but maybe states can be highly taxed and highly regulated like California, or maybe they can be more business-friendly like Texas, and they can each succeed in a way that pleases their citizens.\"\"  http://www.houstonchronicle.com/business/texanomics/article/Gov-Abbott-keeps-bashing-California-but-Texas-11202452.php\""}
{"_id": "56526", "title": "", "text": "I would not do a bill of sale for less, but a legal and safe way to reduce the taxes is to write separate bills for the boat, motor and trailer.  The taxes are paid at different rates and will represent to full sale price."}
{"_id": "56527", "title": "", "text": "I am pretty sure he is referring to the fact that hedge funds manage over $2.1 trillion of capital, a good deal of which comes from pension funds and charitable endowments BUT their fees are falling and someone has got to do it."}
{"_id": "56528", "title": "", "text": "\"Actually reminds me of the A&amp;W burger diaper.    It was a fantastic way to wrap and eat a burger in the car, yet they called it the \"\"burger diaper\"\" in house... which trickled it's way to the customer before mine even sold one.  It took less than a year to contract with Sonic to take over that location for me.\""}
{"_id": "56546", "title": "", "text": "I slept in the office occasionally while working at one of America's most prestigious investment banks. Definitely efficient. I also lived 10 minutes away from the office. Is that really prohibited by the DoL? Hopefully not by Trump's DoL.   Also not sure what your point is for sharing that article. Just a dispute between franchisees and the parent company about how the ad fund is spent."}
{"_id": "56555", "title": "", "text": "In my opinion, the simplest way to run these numbers is to first assume you are borrowing the full amount, including the points, if any.  They run a spreadsheet, and while using the new rate, apply your full current payment each month.  Then compare balances at month 48. You'll find it easy to calculate the breakeven. In the case of the negative points, it's immediate. For higher points, the B/E is later but then you are further ahead each month."}
{"_id": "56558", "title": "", "text": "\"Because 401k's are also used by self employed. A person who has a schedule C profitable income can open a 401k and \"\"match\"\" in whatever ratio he wants, up to 25% of the net profits or the limits you stated. This allows self-employed to defer more income taxes to the future. Why only self-employed? Good question. Ask your congressman. My explanation would be that since they're self-employed they're in much more danger of not having income, especially later in life, if their business go south. Thus they need a bigger cushion than an average W2 employee who can just find another job.\""}
{"_id": "56560", "title": "", "text": "I think that you could probably structure a trust like this.  The terms would be that the money is in trust for Person A if they claim it by some deadline.  After that it will go to Person B.  This won't be a cheap option though, since you'll probably need an attorney to structure it properly."}
{"_id": "56564", "title": "", "text": "So the EU is forcing its ~~green religion dogma~~ taxation policies on US airlines flying in international airspace? Or is it just taxing the fuel that is burned while flying through EU airspace?  If the tax applies to all of the fuel that is burned, even that which is burned in international and US airspace, who gets the money?"}
{"_id": "56598", "title": "", "text": "\"What do you \"\"better equipment than necessary\"\"?   If I want a car that runs 300 miles on a battery charge, I don't want to put a battery that actually runs for 400 miles.  The only purpose of this \"\"trick\"\" by Tesla is to charge more money from consumers for what they already own and paid for.  &gt; The side effect is longer battery life and the option to upgrade without needing service.  This my problem and choice as the car owner: if I ignore the warning from the car that I over-taxing the battery and will shorten it's life, then it's my choice.   And \"\"upgrade without service\"\" is ridiculous. It better to say \"\"unlocking existing features in the car you already own\"\".\""}
{"_id": "56610", "title": "", "text": "If it turns out that you do want to help pay the tax bill (after answering all the questions above), I say cash out those funds. You are apparently very young with a long work life ahead (lucky you). Step aside from the actual money part of it for a moment. What does your Mom want? What do you really want to do about this? Is it from love that you want to help but are afraid it's a bad financial decision? Or is it from a feeling of duty and you deep down don't really want to spend your savings on Mom's tax bill. - If you really do want to help and you have the wherewithall to do so, then do it. Otherwise don't. You can recover financially. - I myself have had my retirement savings go to nearly zero 3 times. The first time I recovered pretty easily. The second time, not so easily. I'm just starting on the recovery path for the 3rd time at age 58 and I highly doubt I ever will recover this time. I didn't cash out on purpose but the stock market was not friendly. - My main point is to figure out truly what you want."}
{"_id": "56642", "title": "", "text": "There are two very large negative factors that affect Yahoo's valuation.   The first is that their search business is in decline and continues to lose ground to Google and even Bing.  There's no sign that they have any plan or product in the works to offset this decline, so there's tremendous uncertainty about the company's forward-looking revenues. The second is that the company can't seem to decide what to do with its stake in Alibaba, clearly the company's most valuable asset.  It they sell it, the question then becomes what they plan to do with the proceeds.  Will they do share buybacks or offer a special dividend to reward investors?  Will they use some or all of the money to make strategic acquisitions that are revenue-enhancing?  Will they use it to develop new products/services?   Keep in mind one other thing here, too.  There's a world of difference between what something is valued at and what someone's willing to actually pay for it.  A patent portfolio is great and perhaps holds good value, assuming the buyer can find a way to monetize it.  How exactly was the valuation of the patents arrived at, and are they worthwhile enough for someone to pay anywhere close to that valuation?   There's more to this than meets the eye by using a first-blush look at asset valuation, and that's where the professionals come in.  My bet is that they have it right and there's something the rest of the market doesn't see or understand about it, hence questions like yours. I hope this helps. Good luck!"}
{"_id": "56685", "title": "", "text": "\"&gt; However, the reality is that we the minute we are born we benefit from living in a civilized society with services and infrastructure that was created by those who have paid taxes in the past.  I didn't ask for those services or that infrastructure. When I go to vote (especially on referendums) I vote no for things like increased sales taxes for better roads and the like  &gt; Your example is faulty because it assumes you receive no benefit from the taxes that the government demands of you.  Ok, does that make it moral if I come to your house with a gun and handcuffs, if I use the $100 I take from you and spend $5 of it on a sandwich that you eat?  I'm not saying that things the government does aren't things that people need. Obviously people need to save for retirement and will need access to health care (SS/Medicare/Medicaid).  However,  a lot of these \"\"issues\"\" weren't really issues when they were implemented. They were also implemented in a very immoral manner.  Regardless of that, our argument is who can do what better.  &gt; but that is what our elected leaders currently find of value.  That means absolutely nothing to me, and it should mean absolutely nothing to you.  Democracy is mob rule. Republic is near mob rule. In capitalism, my choice of product or service doesn't impede yours. I can choose Crest toothpaste and you can still get Colgate. I also have no ability to force you to buy Crest, at least no moral ability that is.  However, choices in a Democracy/Republic are. Not only when I vote for candidate A, and you vote for candidate B, are our choices mutually exclusive, they are literally saying I think you should be forced to live under their rule/my beliefs. Which is immoral. To force  someone to do anything is immoral, the only exception is if they put force upon you (self defense)  &gt; I am not sure where that number is coming from. I know at one point JEIDDO by itself spent over $1T in R&amp;D on the IED problem.  I said in the 2017 request, meaning 1 year.  I got that from here: http://comptroller.defense.gov/Portals/45/Documents/defbudget/fy2017/FY2017_Budget_Request_Overview_Book.pdf on page 5-1  I will add, that I didn't see previously that it is part of the RDT&amp;E budget which is \"\"Research, Development, Test, &amp; Evaluation, which is almost $72 billion. That number does eclipse the original $12.5 billion that I quoted. However, in comparison to the private sector, I only named a few companies. The total R&amp;D spend is still going to be bigger in the private sector.  Just because you buddy use to work for people who made and designed drones for DOD/DTRA and now works for Amazon doesn't mean that without the military/DOD we wouldn't be where we are with drones.   &gt; Bernie Sanders  This is just one article that I found rather quickly: https://www.vox.com/2016/3/4/11161616/bernie-sanders-tax-policy-center  A lot of my income comes from trading stocks, a lot of the times I use options (or as he puts it Wall Street Speculation)  The tax that he wants to impose on \"\"Wall Street Speculation\"\" was nothing more than fancy double speak for things like stock options/futures.  Options are used by most 401(k) managers, pension planers, etc. Those taxes would have hurt everybody. It would have made the stock market less price efficient and less liquid.  You know who it wouldn't have hurt? The people he intended to stop in the first place, people like George Soros. I believe it was in just 1 day Soros made over $1 billion by shorting the British Pound back in the 90's. I believe he also made a killing shorting if just before Brexit.\""}
{"_id": "56689", "title": "", "text": "\"I'd love to see how he thinks he can \"\"measure\"\" the financial world. You can only measure what you are allowed to see and Wall Street is only going to give you a certain percentage. The rest will throw your predictions way off, thus making this a fruitless endeavor. Welcome to the real world.\""}
{"_id": "56718", "title": "", "text": "\"You are confusing entirely unrelated things. First the \"\"profit distribution\"\" issue with Bob's S-Corp which is in fact tax evasion and will probably trigger a very nasty audit. Generally, if you're the sole employee of your own S-Corp, and the whole S-Corp income is from your own personal services, as defined by the IRS - there's no profit there. All the net income from such a S-Corp is subject to SE tax, either through payroll or through your K-1. Claiming anything else would be lying and IRS is notorious for going after people doing that. Second - the reclassification issue. The reason employers classify employees as contractors is to avoid payroll taxes (which the IRS gets through Bob's S-Corp, so it doesn't care) and providing benefits (that is Bob's problem, not the IRS). So in the scenario above, the IRS wouldn't care whose employee Bob is since Bob's S-Corp would have to pay all the same payroll taxes. The reclassification is an issue when employees are abused. See examples of Fedex drivers, where they're classified as contractors and are not getting any benefits, spend their own money on the truck and maintenance, etc. The employees are the ones who sued for reclassification, but in this case the IRS would be interested as well since a huge chunk of payroll taxes was not paid (driver's net is after car maintenance and payments, not before as it would be if he was salaried). So in your scenario reclassification is not as much a concern to Bob as his tax evasion scheme claiming earnings from performing personal services as \"\"profits from S-Corp\"\". A precedent to look at, as I mentioned elsewhere, would be the Watson v Commissioner case.\""}
{"_id": "56732", "title": "", "text": "The standard answer I have heard is that if you were to purchase term life insurance and invest the difference between the cost of the policies, your investments would grow larger than the cash value of the insurance. Also when you take cash out of CVLI the insurance value drops by a like amount. So you can't have your cake and leave it to your heirs too. Either you get the cash value OR they get the insurance value. Hopefully, there could be some of both. Although I believe the philosophy of that answer I have two issues with it. First, you must be dedicated enough to invest the difference every month. I can imagine that might be tough to do consistently and if you take breaks from the investing will you still accumulate more than you would have with the insurance? Second, for the past couple of years all of my investments in mutual funds have lost value. My life insurance has continued to grow cash value over the same time period. Hmm, maybe there isn't a one size fits all solution. If you need a large amount of insurance, term life will certainly be more affordable. However, considering this as an investment I would not expect that to be a deciding factor. Good luck with your decision. It is great that at such a young age you are concerned about investments."}
{"_id": "56742", "title": "", "text": "The stock market's principal justification is matching investors with investment opportunities.  That's only reasonably feasible with long-term investments.  High frequency traders are not interested in investments, they are interested in buying cheap and selling expensive.  Holding reasonably robust shares for longer binds their capital which is one reason the faster-paced business of dealing with options is popular instead.  So their main manner of operation is leeching off actually occuring investments by letting the investors pay more than the recipients of the investments receive. By now, the majority of stock market business is indirect and tries guessing where the money goes rather than where the business goes. For one thing, this leads to the stock market's evaluations being largely inflated over the actual underlying committed deals happening.  And as the commitment to an investment becomes rare, the market becomes more volatile and instable: it's money running in circles. Fast trading is about running in front of where the money goes, anticipating the market.  But if there is no actual market to anticipate, only people running before the imagination of other people running before money, the net payout converges to zero as the ratio of serious actual investments in tangible targets declines. By and large, high frequency trading converges to a Ponzi scheme, and you try being among the winners of such a scheme.  But there are a whole lot of people competing here, and essentially the net payoff is close to zero due to the large volumes in circulation as opposed to what ends up in actual tangible investments. It's a completely different game with different rules riding on the original idea of a stock market.  So you have to figure out what your money should be doing according to your plans."}
{"_id": "56747", "title": "", "text": "If youre fifteen... Id actually recommend starting with some economics, just to understand the business decision making process. Mystery of Capital by Hernando de Soto is excellent. An online course from anywhere would be cool too.   Then, case studies are excellent as well. It depends on what you want to use ths for. Sales? Yeah, how to win friends and influence people, totally. A macro scale understanding, take the route I took."}
{"_id": "56751", "title": "", "text": "Generating a Printable Scrapbooking Calendars consultations is a great method that you can talk about together with your Kids. They\u2019ll also make amazing demonstrates for family about Christmas time as a brand new season will probably be only some times after."}
{"_id": "56764", "title": "", "text": "I agree.   I cant think of a heavily unionised company that is succeeding. Their staffing costs tend to be too high. This ultimately leads to everyone losing their jobs. In the UK at least, unions have brought nothing good to the table for years, just strikes and ridiculous demands."}
{"_id": "56773", "title": "", "text": "\"...Tell this to a professional or let's say a consultant in the real world, and they'll shake their head and walk away, realizing your knowledge is akin to a child in this context.    Equifax does not represent corporate America.  It's in a heavily regulated industry and credit bureaus essentially have immunity.    People scream bloody murder about enterprises like Amazon &amp; Google taking over the world, but what they've accomplished has continually added more value to the end customer.  Why?    Because they have to continue to server their customers better as there's plenty of competitive forces to continue motivating them to do better.    There's quite a few reasons why CEOs \"\"step down\"\" or \"\"retire\"\" when the intention is not much different than firing.  For one, CEOs are under contracts generally, and those contracts present a lot of legal risk that can backfire.    If the CEO isn't too happy and feels a grudge, he can bring a lawsuit that brings more public embarrassment, gets messy, and even if the company has the stronger case, it doesn't just get resolved easily.  So study why they're labeled as \"\"retirements\"\" to understand what needs to be fixed instead of whining corporate America is evil and doesn't give a shit.  Everyone gives a shit about surviving.\""}
{"_id": "56781", "title": "", "text": "I've never understood why the auditing procedure is privatized in the first-place.  The conflicts of interest seem much too inevitable.  Shouldn't the SEC or some other governing body perform the audits?    If an accounting firm's bottom-line is profit and not objective analysis, how can we expect it to not to ignore things here and there if it is good for business?"}
{"_id": "56785", "title": "", "text": "Around 22 million bitcoin maximum. I can't remember full details but it's designed to dish out 12.5 coins every 10 minutes on average. Sometimes it might be 10 seconds, sometimes an hour, and half every 4 years until 22 million it just halved so in about 3.5 years you will get 6.25. Now to SEND bitcoin you can bribe miners and pay a few cents to jump the line, so you get your 12.5 + the donated coin.   As for eth it's confusing shit. Bitcoin is like a virtual dollar, eth you can 'transform' into other things to do things I don't know what it's for. Research 'dao' and eth. Dao was some sort of contract system using eth."}
{"_id": "56794", "title": "", "text": "\"Taking out your equity when refinancing means that you take out a new loan for the full value of your house (perhaps less 20% as a down payment on the new mortgage, otherwise you'll be paying insurance), pay off your old lender, and keep the rest for yourself. The result is much the same as using as a HELOC or home equity loan (or a second mortgage), except it's all rolled into a single new mortgage. The advantage is that the interest rate on a first mortgage is going to be lower than on HELOC or equivalent, and the equity requirements may be lower (e.g. a HELOC may only let you borrow against the amount of equity that exceeds 25% or 30%, while a new mortgage will require you only to have 20% equity).  This is especially attractive to those whose homes have appreciated significantly since they bought them, especially if they have a lot of high-interest debt (e.g. credit cards) they want to pay off. Of course, rolling credit card debt into a 30-year mortgage isn't actually paying it off, but the monthly payments will be a lot lower, and if you're lucky and your home appreciates further, you can pay it off fully when you sell the property and still have paid a lot less interest. The downside is that you have turned unsecured debt into secured debt, which puts your home at risk if you find yourself unable to pay. In your case, you don't yet have even 20% equity in your home, so I wouldn't recommend this.  :-) Equity is simply the difference between the amount you still owe on your home and the amount you'd get if you were to sell it. Until you do sell it, this amount is tentative, based on the original purchase price and, perhaps, an intervening appraisal that shows that the property has appreciated. That is really all that it is and there's nothing magic about it, except that since you own your home, you have equity in it, while as a renter, you would not. It used to be (decades ago, when you needed 20% down to get a mortgage) that selling was the only time you'd be able to do anything with the equity in your home. Now you can \"\"take it out\"\" as described above (or borrow against it) thanks to various financial products. It is sometimes tempting to consider equity roughly equivalent to \"\"profit.\"\" But some of it is your own money, contributed through the down payment, your monthly principal payment, and improvements you have made -- so \"\"cashing out\"\" isn't all profit, it's partly just you getting your own money back. And there are many additional expenses involved in owning a home, such as interest, property taxes, maintenance, utilities, and various fees, not to mention the commissions when you buy or sell, which the equity calculation doesn't consider. Increasing equity reflects that you own a desirable property in a desirable location, that you have maintained and maybe even improved it, that you are financially responsible (i.e., paying your mortgage, taxes, etc.), and that your financial interests are aligned with your neighbors. All those things feel pretty good, and they should. Otherwise, it is just a number that the banks will sometimes let you borrow against.  :-)\""}
{"_id": "56803", "title": "", "text": "By no means is this a comprehensive list, but a few items to consider:"}
{"_id": "56810", "title": "", "text": "Yes they do.  CO2 goes in, O2 comes out.  Where does the C go?  It gets bound up in the tissues of the tree.  When the tree rots, the C is released.  Same thing if you burn the tree, just faster."}
{"_id": "56814", "title": "", "text": "\"I remember when I went and bought my iPod at Bestbuy 4 or 5 years ago. Offered me a warranty and when I said no to the cashier she told me \"\"You'll be sorry.\"\" Yeah, 5 years later and many drops and nicks and scratches, it's still working like a beast.\""}
{"_id": "56826", "title": "", "text": "No matter what you may be looking for, chances are, you will find it at Deal Ninja. And, that too at a price that will simply amaze you. An important thing to remember in this context is that none of the products sold here are actually manufactured by Deal Ninja."}
{"_id": "56835", "title": "", "text": "Amazon isn't even remotely near what Microsoft had.  Microsoft had a 95% plus share of the Operating System market. Amazon doesn't even have 1% of total retail sales. This is a preposterous assertion. Total US retail sales were $5 trillion last year. You're seriously claiming Amazon is attempting to monopolize that industry? Amazon had $150 billion in sales last year.   This is the dumbest claim I have literally ever seen in my life."}
{"_id": "56853", "title": "", "text": "The only problem with a mind upload is that it's not really _this_ you that gets moved, it's an exact duplicate of you that will think the transfer was successful. You'll still be trapped in your meat bag scheduled for dissolution."}
{"_id": "56867", "title": "", "text": "Do you need the car, or is this an optional purchase for you?  Do you currently have a car that is in good working order? If you can continue to save for the car instead of buying now, you'll be getting interest on what you've saved -- and that's a lot better than 0% financing."}
{"_id": "56878", "title": "", "text": "DO contact the bank immediately. Many of them may be able to help you but have time limits, if you wait too long they can't cancel it. They might not, but it's always worth trying. In addition, set alerts on your son's account, if over $X amount of money is spent it will alert you. For example if he spends more than $100, you'll get an email and you can verify with him."}
{"_id": "56884", "title": "", "text": "Average weekday boardings were ~66,000. Your assumption only kinda makes sense if all of these people were driving cars before the light rail, none of them are taking multiple trips a day even a round trip, and all of them pay their full fare making the light rail perhaps worth the money (all of which are not possible).   Even with the light rail, Seattle public transit sucks. I can\u2019t believe that is even a conversation."}
{"_id": "56893", "title": "", "text": "Trying to forcefully reclaim the money will ruin the relationship.  In general it's bad practice to loan money to family."}
{"_id": "56894", "title": "", "text": "I don't think that you'll notice a difference in the NAV in a fund with fees that are low as the Vanguard Total Stock Market Fund. Their management fees are incorporated into the NAV, but keep in mind that the fund has a total of $144 billion in assets, with $66 billion in the investor class. The actual fees represent a tiny fraction of the NAV, and may only show up at all on the day they assess the fees. With Vanguard total stock market, you notice the fee difference in the distributions. In the example of Vanguard Total Stock Market, there are institutional-class shares (like VITPX with a minimum investment of $200M) with still lower costs -- as low as 0.0250% vs. 0.18% for the investor class. You will notice a different NAV and distributions for that fund, but there may be other reasons for the variation that I'm not familar with, as I'm not an institutional investor."}
{"_id": "56907", "title": "", "text": "Yes, you can transfer money to your account, any bank will do it. The conversion charges will be there i.e. the diff between USD and the rate at which the bank sells it, usually Rs. 2/-, appx. In addition, transaction charge (not very high). As for taking from friends & repaying in India, check UAE tax treatement for taking money from friends (is it considered as your income & are you liable for taxes). As for giving back, get some documentation done as a loan, otherwise your friends may be considered to be taking gift/consideration/income from you and taxed. Most straight forward way is to transfer the money from your mother's account."}
{"_id": "56908", "title": "", "text": "\"Yes ROI is legitimate, in my opinion.  My old boss used to say 'change the paradigm' all the time though, and only used it when someone came to him with a problem and he didn't want to deal with it.  \"\"Bob, we have a problem with XYZ\"\"  \"\"No no no, change the paradigm.  This is an opportunity for you to shine.  Go get em!\"\"  Maybe my experience with a horrible, horrible boss that abused a lot of these phrases and thought he was Jack Welch's long lost son just made me bitter any time I see marketing bullshit. :)\""}
{"_id": "56924", "title": "", "text": "Your gut feeling is absolutely spot on - you shouldn't be worrying about pension now, not at the age of 25. Assuming that you're not a footballer in the middle of the most productive part of your career and already have a fat wad of crunchy banknotes under your pillow that you're looking to set aside for a rainy day when you won't be able to play at your prime any longer. That doesn't mean you shouldn't invest, nor that means that you mustn't save. There are several factors at play here.  First of all as a young person you are likely to have a high tolerance for risk, there is still plenty of time to recover should expected returns not materialise. Even a pension fund with the most aggressive risk / return strategy might just not quite do it for you. You could invest into education instead, improve health, obtain a profitable skill, create social capital by building connections, pay for experience, buy a house, start a family or even a business. Next, as a young professional you're unlikely to have reached your full earning potential yet and due to the law of diminishing marginal utility a hundred pounds per month now have greater utility (i.e. positive impact on your lifestyle) than a seven hundred pounds will in 7-10 years time once your earnings plateaued. That is to say it's easier to save \u00a3700 month from \u00a33000 and maintain a reasonable level of personal comfort than carve \u00a3100 from \u00a31300 monthly income. And last, but not the least, lets face it from a human point of view - forty years is a very long investment horizon and many things might and will change. One of the downsides of UK pensions is that you have very little control over the money until you reach a certain age. Tactically I suggest saving up to build a cushion consisting of cash or near cash assets; the size of the stash should be such that it is enough to cover all of your expenses from a minimum of 2 months to a maximum of a year. The exact size will depend on your personal comfort level, whatever social net you have (parents, wife, partner) and how hard it will be to find a new source of income should the current cease to produce cash. On a strategic level you can start looking into investing any surplus cash into the foundation of what will bring joy and happiness into the next 40 years of your life. Your or your partners training and education is one of the most sensible choices whilst you're young. Starting a family is another one. Both might help you reach you full earning potential much quicker. Finding what you love to do and learning how to do it really well - cash can accelerate this process bringing you quicker there you want to be. If you were a start-up business in front of a huge uncaptured market would you rather use cash to pay dividends or finance growth?"}
{"_id": "56928", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-06-26/what-you-should-know-about-r) reduced by 87%. (I'm a bot) ***** &gt; As the Federal Reserve gradually normalizes its monetary policy, market participants will hear a lot more about r*, the &amp;quot;Neutral rate of interest,&amp;quot; which helps equilibrate financial markets when the economy is growing at potential and inflation remains contained and stable.  &gt; A gradual convergence of the policy rate to that level would allow, to adapt the phrase of Bridgewater Associates&amp;#039; Ray Dalio, a &amp;quot;Beautiful normalization&amp;quot; of monetary policies that is consistent with market stability and soundness.  &gt; While the r* concept is more relevant for advanced countries with mature financial systems, many emerging economies cannot avoid the consequences of related policy shortfalls even though these would be well beyond their borders.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6k3ex6/what_you_should_know_about_r/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~154803 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **financial**^#1 **policy**^#2 **market**^#3 **rate**^#4 **interest**^#5\""}
{"_id": "56931", "title": "", "text": "Barefoot Holidays aims to provide you the best Game and Sport charter facilities in the Andamans. Salt water angling or game fishing is a sport that has seen huge   success in these waters. Become a part of one of the most addictive sporting pastimes today.The waters here are teeming with record sized game fish. By virtue of its   position, the islands receive a continuous south/south west current which brings with it plenty of baitfish as well as Black Marlin. Night fishing for Giant Grouper,   Snappers, Swordfish and Shark too are possible with Barefoot Holidays."}
{"_id": "56932", "title": "", "text": "A Random Walk Down Wall Street Barbarians at the Gate Liar's Poker King of Capital The Big Short No need to even consider CFP or CFA if you don't have a degree/full time job that requires it. They are costly."}
{"_id": "56933", "title": "", "text": "I'd like to learn more about this study. The article says they surveyed 500 managers. This is theoretically a large enough sample to make inferences from, but I'd like to know:  1. Why a larger sample wasn't used 2. The distribution of different copmanies/industries these managers worked in 3. The geographical spread of these managers.  My suspicion is that this study is actually heavily biased by the corporate culture of a small group of companies or geographic region. How do I know these managers didn't all come from a single corporation with a toxic work culture in a bigoted town?"}
{"_id": "56951", "title": "", "text": "You can withdraw the principal of your Roth IRA account (i.e.: the amounts after tax deposited there) without a tax. However, in case of conversion - you have to wait for five years before you can do that. Otherwise, 10% penalty will apply. It is actually mentioned in the article you linked to. Taxable portion in that context is the portion you paid tax on when converting. In the case you described (converting your 401k) that would be the whole amount of the conversion."}
{"_id": "56965", "title": "", "text": "\"probably never since republicans started \"\"starving the beast\"\" and then calling it inefficient when your government cant perform. on the other hand, ive read there are serious inefficiency problems in the process of infrastructure / general public property maintenance in the united states, and they only partly faulted the cut down budgets. sorry i cant back that up with a link right now\""}
{"_id": "56968", "title": "", "text": "Yeah, it is, to a massive degree to boot. The wealth gap is staggering because of it and it's the number one threat to the economy as a whole. Turns out it doesn't trickle down at all. It floods up and leaves a wake of poverty and bankruptcy behind it."}
{"_id": "56978", "title": "", "text": "Somebody call the Waaambulance.  If I was a billion dollar company that owned the world's most popular search engine, my shit would be #1 every time. I'd  be stupid not to.  People seem to forget, Google is not a public utility it's a business.  If you walk into Walmart and want to know where you can get a good deal on a TV, they're not going to mention Best Buy first, they're going to point you to the TV department.  I see absolutely nothing wrong with this."}
{"_id": "57000", "title": "", "text": "I'll start by saying that if this is being explored to scratch a specific itch you have then great, if this was a cold call it's probably safe to ignore it. Certain whole life products (they vary in quality by carrier) can make sense for very high earners who are looking for additional tax preferred places to store money.  So after you IRA, 401(k), etc options are maxed out but you still have income you'd like to hide from taxes whole life can be a potential vehicle because gains and death benefit are generally exempt from income taxes.  Be on the look out for loads charged to your money as it comes in to the policy.  Life insurance in general is meant to keep your dependents going without having to sell off assets in the event of your death.  People may plan for things like school tuition, mortgage/property tax for your spouse.  If you own a business with a couple of partners it's somewhat common for the partners to buy policies on each other to buyout a spouse to avoid potential operating conflicts.  Sometimes there can be estate planning issues, if you're looking to transfer assets when you ultimately pass it can make sense to form a trust and load cash in to a whole life policy because death benefits can be shielded from income tax and the estate tax calculation; the current estate tax exemption is about $5.5 million today (judging from your numbers you might actually be close to that including the net value of the homes).  Obviously, though, the tax rules are subject to change and you need to be deliberate in your formation of the trust in order to effectively navigate estate tax issues.  You seem to have a very solid financial position from this perspective it looks like your spouse would be in good shape.   If you are specifically attempting to manage potential estate tax liability you should probably involve an financial planner with experience forming and managing trusts; and you should be very involved with the process because it will absolutely make your finances more complicated."}
{"_id": "57008", "title": "", "text": "well 30 minutes outside of montreal for the same amount of money you'd probably get a McMansion too in the burbs. I'm talking island core. Problem here if you live outside of the city you litterally have to take a bridge to commute, which instantly means traffic! I'd be curious what you get for that price in the city you're talking about. By 20 min of downtown I meant 20 minutes from downtown by subway, aka the neighborhoods just around the skyscrapers. 20 min from the city would be different.  Vancouver is pretty bad. Single homes on a small island (a lot smaller then Montreal) that sell 1 millions +  As for Calgary, never went there, but I heard they are a in recession since the oil crude plummeted so house prices slowed down. Now the houses sells around the same price then Montreal, maybe a bit more."}
{"_id": "57010", "title": "", "text": "Although in concerns to the Plumbing services, people do face a challenge whether to pay for commercial activity or to take official root and make things possible by virtual processes. To cope with both issues around, a certain web portal is available that makes things easy and can help in both ways forward."}
{"_id": "57033", "title": "", "text": "\"The high frequency trading you reference has no adverse impact on individual investors - at least not in the \"\"going to take advantage of you\"\" way that many articles imply. If anything, high-frequency trading is generally more helpful than harmful, adding liquidity to the system, although it can cause some volatility and \"\"noise\"\" in volume and other data, and the sudden entrance or exit of this type of trading can drive some abnormal market movements. As to research and time needed for trading, most data suggests that the less you try to \"\"beat the market\"\", the better you'll do.   Trade activity tends to be inversely related to returns, particularly for individuals.   Your best bet is likely to learn enough about investment risks to ensure you're comfortable with them, and invest in broadly diversified asset classes, regions, and sectors, and then mostly leave them alone, or rebalance annually.   You'll almost surely do a lot better that way than you will if you spend countless hours researching the \"\"right\"\" stocks to buy.\""}
{"_id": "57036", "title": "", "text": "tldr; Is the purpose of doing this to ultimately avoid any sort of capital gains paid by someone in your family? Your plan accomplishes this if your dad is single and you are married, but if your dad is married this is probably unnecessary. One side effect of this plan is both you and your dad are unnecessarily giving up a portion of your lifetime gift tax exclusion. Your dad is giving up somewhere between 97-56= $41K of his exclusion (if both you and he are married) and 97-14= $85K (if neither you or your dad is married) and when you give the $430K back you are giving up to that amount minus somewhere between 14-56K. If your dad is married and you were to simply purchase the home from your dad for $430K you would both avoid dipping into your lifetime max, and your dad wouldn't realize any capital gains. If he isn't married, but you are, then your plan works in avoiding any capital gains paid by anyone in your family, unless you end up selling the home in the future for more than $597K. The plan also hinges on:"}
{"_id": "57044", "title": "", "text": "Thanks for sharing, interesting piece. I find the best opportunities to buy are watching the downtrends on oversold stocks. For example, recently with Amazon's buyout of Whole Foods, groceries took a big hit. Kroger took the biggest hit of all, falling nearly 30% from its 50 day moving average of $30/share. So I bought some at 21.50 and will just sit on it for a couple months. I find put buying on the upward swings to still be risky in this market, but on the downtrend it easy to spot oversold equities that will trend back up over time because of solid fundamentals."}
{"_id": "57058", "title": "", "text": "Uh . . . yeah.  Because if we don't have a central source of law, then we aren't a single country.  Those united laws are exactly what defines a country.  The government, however, isn't like the Death Star.  It isn't one giant entity bent on controlling the world.  Are you saying the Constitution and its method of law making, enforcement, and arbitration is bad, and should be rebuilt?"}
{"_id": "57070", "title": "", "text": "Mostly you nailed it.  It's a good question, and the points you raise are excellent and comprise good analysis. Probably the biggest drawback is if you don't agree with the asset allocation strategy.  It may be too much/too little into stocks/bonds/international/cash.   I am kind of in this boat.  My 401K offers very little choices in funds, but offers Vanguard target funds.  These tend to be a bit too conservative for my taste, so I actually put money in the 2060 target fund.  If I live that long, I will be 94 in 2060.   So if the target funds are a bit too aggressive for you, move down in years.  If they are a bit too conservative, move up."}
{"_id": "57132", "title": "", "text": "Northwave EC are one of the best housing solutions that people go for today. In most cases, they are affordable and they can house a lot of people at the same time. There are various criteria to meet so as to be able to own an Executive condominium. Understanding the whole process can be of great help as it makes it much easier. The best thing to do is to make sure that all the income statements are checked by the HR so as to ensure they are exactly what the HBD need. Visit this site http://northwave.co/ for more information on Northwave EC."}
{"_id": "57138", "title": "", "text": "Avoiding the complexities of tax [dividends likely taxed the year they are received, barring special tax accounts which many countries implement in for example, locked-in retirement type accounts; share growth is likely only taxed when sold / on death / on expatriation / similar], and assuming you reinvest the dividends every year in new shares, then yes, total growth in your account is the same whether that growth is comprised of entirely dividends, entirely share increase, or a mixture of both. It is those caveats (tax + reinvestment) which could change things."}
{"_id": "57149", "title": "", "text": "One scam that happens occasionally is that of the forced placed insurance.  Either the home owner fails to pay the premium,  or,  which is not uncommon,  the bank claims that the existing insurance does not meet their (obscure/undocumented) criteria,  and buy insurance on the owner's behalf..."}
{"_id": "57156", "title": "", "text": "\"When it's actually in the interests of taxpayers, duespayers, or shareholders for execs to upgrade to get work done / be prepared, there's no conflict between the interests of agent and principal, and the entire issue is moot.  But assuming we should treat business execs as a special case doesn't address the question. If governmental and union leadership \"\"should fly coach\"\", shouldn't c-corp execs?\""}
{"_id": "57168", "title": "", "text": "You cannot have off-campus employment in your first year, but investments are considered passive income no matter how much time you put into that effort. Obviously you need to stay enrolled full-time and get good enough grades to stay in good standing academically, so you should be cautious about how much time you spend day trading. If the foreign market is also active in a separate time zone, that may help you not to miss class or otherwise divert your attention from your investment in your own education. I have no idea about your wealth, but it seems to me that completing your degree is more likely to build your wealth than your stock market trades, otherwise you would have stayed home and continued trading instead of attending school in another country."}
{"_id": "57174", "title": "", "text": "Look most of the time you can manage it sure. But without the lender of last resort(central bank) bank runs would happen and failures would be common, like in 19th century. The only way to stabilise fractional reserve banking is this behemoth of a monetary entity that can abuse its power(excess credit expansion causing economic bubbles) and makes us even worse off"}
{"_id": "57175", "title": "", "text": "I have been using http://moneydance.com/ for several years now.  Works pretty well for me. Another one is http://www.iggsoftware.com/ibank/ I have not used it other than a five minute play session.  Looks more mac-ish than Moneydance, but that's all I know."}
{"_id": "57186", "title": "", "text": "Sure! Jews are the problem, but not Muslims/Arabs or North Korea.  Anyway, there's nothing you can do about Jews because we control the banks, the media, the government, we have all the money and we also use blood from young gentile boys for our religious rituals."}
{"_id": "57188", "title": "", "text": "Firstly, make sure annual income exceeds annual expenses. The difference is what you have available for saving.  Secondly, you should have tiers of savings. From most to least liquid (and least to most rewarding): The core of personal finance is managing the flow of money between these tiers to balance maximizing return on savings with budget constraints. For example, insurance effectively allows society to move money from savings to stocks and bonds. And a savings account lets the bank loan out a bit of your money to people buying assets like homes.  Note that the above set of accounts is just a template from which you should customize. You might want to add in an FSA or HSA, extra loan payments, or taxable brokerage accounts, depending on your cash flow, debt, and tax situation."}
{"_id": "57211", "title": "", "text": "\"I am not sure how anyone is answering this unless they know what the loan was for.  For instance if it is for a house you can put a lien on the house.  If it is for the car in most states you can take over ownership of it.   Point being is that you need to go after the asset.   If there is no asset you need to go after you \"\"friend\"\".  Again we need more specifics to determine the best course of action which could range from you suing and garnishing wages from your friend to going to small claims court.  Part of this process is also getting a hold of the lending institution.  By letting them know what is going on they may be able to help you - they are good at tracking people down for free. Also the lender may be able to give you options.  For example if it is for a car a bank may help you clear this out if you get the car back plus penalty.  If a car is not in the red on the loan and it is in good condition the bank turns a profit on the default.  If they can recover it for free they will be willing to work with you.  I worked in repo when younger and on more than a few occasions we had the cosigner helping.  It went down like this... Co-signer gets pissed like you and calls bank, bank works out a plan and tells cosigner to default, cosigner defaults, banks gives cosigner rights to repo vehicle, cosigner helps or actually repos vehicle, bank gets car back, bank inspects car, bank asks cosigner for X amount (sometimes nothing but not usually), cosigner pays X, bank does not hit cosigners credit, bank releases loan and sells car.  I am writing this like it is easy but it really requires that asset is still in good condition, that cosigner can get to the asset, and that the \"\"friend\"\" still is around and trusts cosigner.  I have seen more than a few cosigners promise to deliver and come up short and couple conspiring with the \"\"friend\"\".   I basically think most of the advice you have gotten so far is crap and you haven't provided enough info to give perfect advice.  Seeking a lawyer is a joke.  Going after a fleeing party could eat up 40-50 billable hours.  It isn't like you are suing a business or something.  The lawyer could cost as much as repaying the loan - and most lawyers will act like it is a snap of their fingers until they have bled you dry - just really unsound advice. For the most part I would suggest talking to the bank and defaulting but again need 100% of the details.   The other part is cosigning the loan.  Why the hell would you cosign a loan for a friend?  Most parents won't cosign a loan for their own kids.  And if you are cosigning a loan, you write up a simple contract and make the non-payment penalties extremely costly for your friend.  I have seen simple contracts that include 30% interests rates that were upheld by courts.\""}
{"_id": "57217", "title": "", "text": "I'm kind of shocked that no formal behavioral modeling has been proposed as an explanation yet. One such model would be steep (hyperbolic, quasi-hyperbolic) discounting.  Consumers would rather pay for popcorn later than for an expensive movie ticket now.  For instance, consumers might when purchasing the ticket see a low value of popcorn and view the ticket price as the whole price because they do not predict purchasing popcorn.  Then when entering the theater, the present value of popcorn is very high and they purchase it.  There might therefore be a market for a commitment device (such as a popcornless theater) to make the appropriate decision ex-ante.  Another commitment device that seems to be practiced is when individuals sneak their own popcorn into the theater.  They may not actually want the popcorn, but by bringing their own they ensure they do not purchase the theater's."}
{"_id": "57227", "title": "", "text": "Eh. The valuations are extrapolations based on the value of equity with liquidation rights. Which is fine: if I'm a buyer of that class, I don't really care what the value of common is; I care what the value of that class of equity is.   Bloomberg tries to paint that as some conspiracy, which is ridiculous."}
{"_id": "57229", "title": "", "text": "Your clients should not send you 1099-MISC if they paid with a credit card. You can refer them to this text in the instructions for the form 1099-MISC: Payments made with a credit card or payment card and certain other   types of payments, including third party network transactions, must be   reported on Form 1099-K by the payment settlement entity under section   6050W and are not subject to reporting on Form 1099-MISC. See the   separate Instructions for Form 1099-K. By sending out the 1099-MISC, your clients are essentially saying that they paid you directly (check or cash) in addition to the payment they made with a credit card (which will be reported on 1099-K). In case of an audit, you'll have trouble convincing the IRS that it didn't happen. I suggest asking the clients not to do this to you, since it may cost you significant amounts to fight the IRS later on. In any case, you report on your tax return what you really got, not what the 1099 says. If you have two 1099's covering the same income - there's no legal obligation to report the income twice. You do not have to pay twice the tax just because you have stupid clients. But you may have troubles explaining it to the IRS, especially if you're dealing with cash in your business. If you want to avoid matching issues, consider reporting all the 1099s, and then subtracting the duplicates and attaching a statement (the software will do it automatically when you add the description in the miscellaneous item) about what it is."}
{"_id": "57245", "title": "", "text": "&gt; He's supposed to be grading him as a board member. I dont think that a board member's vote should be seen as a positive or negative when it comes time for their job review.  Being a Trump supporter shows bad judgment. I certainly wouldn't want someone like that to be a board member of my company."}
{"_id": "57263", "title": "", "text": "\"US federal tax law distinguishes many types of income. For most people, most of their income is \"\"earned income\"\", money you were paid to do a job. Another category of income is \"\"capital gains\"\", money you made from the sale of an asset. For a variety of reasons, capital gains tax rates are lower than earned income tax rates. (For example, it is common that much of the gain is not real profit but inflation. If you buy an asset for $10,000 and sell it for $15,000, you pay capital gains tax on the $5,000 profit. But what if prices in general since you bought the asset have gone up 50%? Then your entire profit is really inflation, you didn't actually make any money -- but you still have to pay a tax on the paper gain.) So if you make your money by investing in assets -- buying and selling at a profit -- you will pay lower taxes than if you made the same amount of money by receiving a salary from a job, or by running a business where you sell your time and expertise rather than an asset. But money made from assets -- capital gains -- is not tax free. It's just a lower tax. It MIGHT be that when combined with other deductions and tax credits this would result in you paying no taxes in a particular year. Maybe you could avoid paying taxes forever if you can take advantage of tax loopholes. But for most people, making money from capital gains could result in lower taxes per dollar of income than someone doing more ordinary work. Or it could result in higher taxes, if you factor in inflation, net present value of money, and so on. BTW Warren Buffet's \"\"secretary\"\" is not a typist. She apparently makes at least $200,000 a year. http://www.forbes.com/sites/paulroderickgregory/2012/01/25/warren-buffetts-secretary-likely-makes-between-200000-and-500000year/#ab91f3718b8a. And side note: if Warren Buffet thinks he isn't paying enough in taxes, why doesn't he voluntarily pay more? The government has a web site where citizens can voluntarily pay additional taxes. In 2015 they received $3.9 million in such contributions. http://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm\""}
{"_id": "57267", "title": "", "text": "Yeah, but they have a price match policy; have them price match themselves or go home and order it online.  Or hell, use your smart phone on their free wifi to place the order so the sales person doesn't get credit for the sale and can't harass you for a warranty."}
{"_id": "57276", "title": "", "text": "\"&gt;I think you should move along before you get hurt. This is a grown up conversation little one.  First: you're clearly a totally arrogant cunt who is so uncomfortable with the position he has elected to take that he can't argue it on its merits and is instead left with petty insults, so it is actually not clear to me why I'm even responding. But anyway, here we go.  &gt;The UK did NOT sell debt and simultaneously purchase its own debt in the past (until modern times).  I state at the outset that I take this to include purchases of government debt by central banks. If you mean the \"\"government\"\" itself re-buying its own debt then firstly I'm not sure where that came from and secondly it isn't what I'm talking about.  Put some meat on the bones here, sport: when do you define \"\"modern times\"\" as commencing? I don't want to give you a date and then have you move the goal posts again. So give me a time period you're after so we can go again.  Also note I said the British Empire, not the UK.  You should perhaps do some reading on Pitt the Younger, or the history of the Bank of England in general. You'll no doubt see that it provided loans to the government from the beginning, which is equivalent to a modern central bank buying government debt. I wont lie and say it is exactly the same, but the reason it isn't exactly the same is that it was 250 years ago. There was no open market operations as there is now, with monthly bond auctions. The BoE just loaned the money when needed. Bonds were typically only issued for specific purposes (e.g. Napoleonic wars).  What Pitt the Younger did in freezing redemptions was the equivalent of the BoE buying British government debt.  But anyway I await your vitriolic and completely-point-avoiding reply.  &gt;And who said the reason soviet union collapsed was because of its banking policies? Putting words in peoples mouths aren't we.  You did:  &gt;So, the soviet union purchases its own debt, and this is a shining example of a historical empire that worked in your mind? Come on man, you aren't that fucking stupid are you? You don't need me to explain why that is a very, very incorrect choice do you?  What else were you trying to say there?  You asked for an example, he gave it, you said it was a bad example. Remember, just in case you can't stay on topic, the discussion is about central banking policy here. I presumed you were implying that the collapse of the Soviet Union was the reason for it being a bad example for central bank policy. Please otherwise feel free to articulate why it is a bad example, citing specific evidence if you don't mind.\""}
{"_id": "57286", "title": "", "text": "The most significant reason is that if the board of directors of a company neglects the stock value, the stockholders will vote them out of their jobs."}
{"_id": "57292", "title": "", "text": "\"&gt;Because people trade currency in exchange for goods and services.   Right, and they are *utterly dependent* on continuing to receive money in exchange for goods and services or they will *very quickly* go out of business. Most businesses only have cash reserves to continue operations for a few quarters if they are unprofitable. We are going to assume that businesses wish to maximize profits, and continue operations.  Now, consider if they try to \"\"prevent competition by violent means\"\", people will stop doing business with them, they will stop getting revenue, and they will go out of business.. So we can assume that most businesses are not dumb enough to be violent, because they want to continue to exist. Basically, you make more money through peace.  So we're left with \"\"having control of the market through market share\"\". If people are satisfied with the business, it doesn't matter if the business controls a lot of the market - it's that way because the businesses' customers want it to be that way.  If their customers aren't satisfied with the business, they will stop buying from that business, which will reduce the market share. Also, other competitors that better meet the customers' needs will arise, which will further impact the market share of the business that is misbehaving. Without government, there's no mechanism to stop new competition from arising if the business isn't meeting the customer's needs.  So your proposed mechanisms either won't happen, or will fix themselves if they do happen.  &gt;Price can be controlled by the threat of super low prices in order to drive out competing businesses  And this can only happen for so long before the company no longer has the ability to subsidize their goods. But why would the business do this, if their intent is to maximize profit and continue operating? This behavior puts both at risk.   So, now that we have demonstrated that your proposed mechanisms of monopolization either won't happen, will solve themselves, or contradict the purpose of a business, what other mechanisms do you propose a corporation is going to use which will create a monopoly without a government to help them?\""}
{"_id": "57293", "title": "", "text": "If you were to stick to your guns, then yes, that's what you'd need to do. In practice, that kind of a hit should get your attention, and you'd be wise to look at why your investment dropped 10% in a month. Value averaging, dollar-cost averaging, or any other investment strategy needs to be done with eyes open and ears to the ground.  At least with value averaging you need to look at your valuation each month!  From my own experience, dollar-cost averaging breeds laziness and I ended up not paying much attention to what I was investing in, and lost a fair bit of money. Bottom line is you still have to think about what you're doing, and adjust."}
{"_id": "57295", "title": "", "text": "Yeah they must just be fanatics. I mean it's not like the Fed actually *targets* inflation, or *tries* to create it, you know as if Bernanke actually mentioned those things in speeches...  Oh, wait... he has.  Damn facts... they get in the way of Keynesian dogma every damned time."}
{"_id": "57297", "title": "", "text": "As Chris pointed out in his comment, smaller stock exchanges may use open outcry. There are several exchanges that use open outcry/floor trading in the US, however, although they aren't necessarily stock exchanges.  Having visited the three Chicago exchanges I mentioned, I can personally vouch for their continued use of a trading floor, although its use is declining in all three."}
{"_id": "57305", "title": "", "text": "\"It appears the interest is not compounded daily.  Each period of interest has the loan amount calculated on the \"\"capital\"\" remaining on the start of period, for each day in the period.  The Excel finance functions don't handle irregular periods that well, but I can reconstruct the interest calculations:\""}
{"_id": "57314", "title": "", "text": "See that's where you're wrong. It's NOT a traditional game of musical chairs.  It's musical chairs where anyone with the right idea and ambition can build their own chair and take a seat!  The pie is NOT fixed.  That's what's so great about free market capitalism. But with that comes responsibility for your own life, which apparently, and unfortunately, has turned out to be overly difficult for an increasing portion of the population."}
{"_id": "57315", "title": "", "text": "American living in Canada, actually. Seeing the system in action here, while imperfect, is much better than what the US is doing. By design, it's class warfare, rather than making your government fix it, you wind up angry at your employer, IE some big corporate entity and/or their insurers. Strange thing is, dollar for dollar, the American government pays more per citizen for health care than their Canadian counterparts. Actually, just about [everyone](http://en.wikipedia.org/wiki/Comparison_of_the_health_care_systems_in_Canada_and_the_United_States)... And so completely fucked..."}
{"_id": "57320", "title": "", "text": "One company owns majority of popular freelancing websites (elance included)  Aside from the race to the bottom pricing happening for projects; customer is always right. Lots of stories of even a pip from a client freezing accounts -- not even just a project, your whole account with any ongoing projects. Everything gone. Thousands lost. Not worth it. No recourse."}
{"_id": "57325", "title": "", "text": "The odds could very well be in your favor, even when the insurance company expects profit. What matters to you is not the expected amount of money you'll have, but the expected amount of utility you'll get from it: getting enough money to buy food to eat is much more important than getting enough money to be able to buy that fiction book too. The more money you have, the less a dollar is worth to you: consequently, if you have enough money, it's worth spending some to prevent yourself from getting into a situation where you don't have enough money."}
{"_id": "57338", "title": "", "text": "In my view you are going through quite a bit of logistics to achieve this. Best is drop this idea. If all of you are paying equally, then there is virtually no gain. A better pact is not to gift each other on wedding. We want to open a joint fixed deposit account in name of each one of us which should be locked-in till 2020 Yes it is possible to have Joint Account with multiple names. Ideally all should be present or a Power of Attorney can be created to include names of people who are not present. We want our money to be risk free and secured. Risk free and secured will mean Fixed Deposits."}
{"_id": "57344", "title": "", "text": "\"Shopify is a ripoff. $30 is too much to pay for \"\"starter\"\" hosting and they don't offer anything special for that extra price.  2. When you are just starting out a very economic VPS is the way to go. You can upgrade as your traffic increases. The big consideration is how many simultaneous visitors does your website need to handle. At first you are going to be low-traffic so you don't need to pay for a powerful server. Your costs will be between $5 and $15 per month depending on who you rent from.  3. It's possible to make money from advertising just bear in mind the use of ad blockers is on the rise so advertising should not be your primary income source. A lot of newspaper and magazine sites were trying to use advertising as their primary online revenue stream and in recent years we've seen them shutting down or forcing annoying popups that say things like \"\"Please disable your ad blocker\"\" which is really embarassing. Also, advertising is only a viable income generator for sites with a lot of traffic. When you are just starting out you should not expect more than 10 or 20 visits per day at most, and that's assuming you advertise your website in various places. If you don't advertise you'll see 0 visits per day until you start getting organic search results which can take several months on a new domain, because search engines give priority to \"\"older\"\" domains.\""}
{"_id": "57356", "title": "", "text": "So do I understand it right that this is the same thing as ESTA?  I have just finished reading the article and can't really see what should my models apply for?  Or is it just that the can fly to US, say the are coming for modeling and then will be OK?"}
{"_id": "57362", "title": "", "text": "Probably. I had a roommate who was a laborer, and he was known to eat a few quarterpounders in a sitting while being pretty damn in shape. I ate a double whopper once, and it actually tasted way worse then the regular. It didn't make me feel all too awesome after either."}
{"_id": "57363", "title": "", "text": "\"Did you get an option contingency? This is usually part and parcel with getting a home inspection; you negotiate a nominal fee, like $100, that gives you the \"\"option\"\" to back out of the deal for any reason at all within X days (typically 7 calendar days). This is usually the time you schedule the home inspection and figure out what needs repairing. If you're still in your option window, then yes, you can back out and get your \"\"earnest money\"\" back from escrow. The seller keeps your option fee (it can be credited to your portion of closing costs if you were to go forward). If you are not in an option period because it's expired or you didn't get one, you can still back out, but unless you're covered by another contract contingency that would apply, such as financing or appraisal (the bank may not be able to underwrite the property even after agreed repairs), you \"\"default\"\" and typically lose your earnest money. Technically the seller could hold you to strict performance and force you to the closing table, but that requires going to court and it's almost never heard of; just taking the earnest money and putting the house back on the market is the easier route for everyone.\""}
{"_id": "57373", "title": "", "text": "\"Uber would have been a better company if they just started up the world's largest payday loans business. It would actually be cheaper to operate, by a substantial margin, and they could run their business legitimately, instead of immorally and illegally on most locations.  When I looked at Uber, I laughed so hard it actually made my stomach hurt. A guy I knew reckoned he was creaming it. I used simply maths to show he was making 4 cents a kilometre by the time running costs were accounted for, and many Uber drivers will be operating at an actual loss.  At least a payday loan has no hidden costs associated with it, and you don't have to spend days raising the small amount of cash you need to get through the month.  Uber must be the most dishonest business of the planet right now, and its \"\"employees\"\" (LOL) are the dumbest fucks on the planet.\""}
{"_id": "57377", "title": "", "text": "Obviously you must be an Israeli and a Jew or you must be living on another planet.  You want pictures? [Here is a complete website](http://www.peterloud.co.uk/palestine/)  There is really no need to played the aggrieved and horrified party now . .the game is over and the world knows"}
{"_id": "57387", "title": "", "text": "\"For new shares to be successfully sold, the price has to be below market price. If you currently own shares of that company, you should always get an option to buy those newly sold shares at that discounted price. The number of options depends on the relative number of shares you hold. Lets say you own 100 out of 1000 shares, currently priced at $10. 100 new shares are to be sold at $9. Since you are holding 10% of all shares, you have the option (i.e. the right) to buy 10 new (cheaper) shares (10% of 100) before anybody else can buy them. Theoretically, the money you save by getting the shares at a discounted price is equal to the money you lose by the share's value being diluted. So, if you're a shareholder and the company is increasing it's capital, you're given the right to \"\"go with it\"\".\""}
{"_id": "57392", "title": "", "text": "But cash talks. If you can save yourself a grand or two a month in mortgage overpayment, and have the cash for 1st and last month's rent plus deposit, a job or two, etc. That crap means more than a credit score. Plus don't rent from people you can't talk to about with what is going on in your life.   My personal credit has always been shit (because the morality associated with debt is complete bullshit) since my 20s and I have never had a problem renting, because I let my landlords know I am human and that paying rent on time and in full is my top bill to pay.   People are beginning to realize that FICO scores are pretty meaningless in this Lesser Depression.  e: prepositional indifference"}
{"_id": "57393", "title": "", "text": "\"It's a tricky question w/out more context. If your only options are between stock/funds and letting it sit (i.e. in a saving or CD), I'd have to say option one is the way to go (but that's based on my situation, and you did ask \"\"if you ..\"\").  However, I think the true answer is \"\"it depends.\"\" It depends on your risk tolerance and what are your short-term vs. long-term financial needs. Only after answering those questions you can then seek to strategize and diversify investment accordingly.\""}
{"_id": "57402", "title": "", "text": "\"Not going to happen anytime soon. These old fatties won't go down without a bitter fight that will make us really hate them for a while longer.  New media (e.g. Netflix, youtube, Hulu...) still requires an internet connection. As it stands, the avenue to get connected to these services still goes through cable companies (e.g. Time Warner, Comcast, Cox...) or through telecom companies (e.g. ATT and Verizon).   The first step these antiquated orgs. will pull is putting caps on our internet usage. This will take the floor right from under online video services, which have worked off an \"\"all you can eat\"\" broadband model.  Right now caps are at something like 100-250GB, which seems like a lot. But imagine you replace your entire cable consumption with online consumption. Plus add in any other internet activity like games and downloads, 250GB may be a bit closer than you think.  Moreover, ISPs are moving to lower the caps on internet usage, probably around 50GB, which limits us even further on online media consumption.  So because they *cannot* compete with these services, they aim to stop us entirely from using them. Bully tactics, not good business through adaption and innovation.  They think by doing this, they will drive consumers back to their traditional services. Time will tell if the masses will play into their hand or actually shape demand for a non-restrictive, non-cable sourced ISP. Should such a service arise, cable companies are pretty much dead in the next 5-10 years.  As it stands, we still require cable companies to deliver our content. The battle between Old Media and New Media will be hard fought and we, the consumers, stand to get the brunt of this battle for a while longer.\""}
{"_id": "57403", "title": "", "text": "It has been talked about extensively. It is talked about in [Crisis Economics](http://www.amazon.com/Crisis-Economics-Course-Future-Finance/dp/1594202508) by Nouriel Roubini.   Basically, what he wants to change is the people that own the security being rated are the ones that pay for the rating. This would help to eliminate some of the bias because they are being paid by people that want to know as much information about the security that they own.  I think it's something that would require government action to occur (could be wrong) which is why the business model hasn't changed."}
{"_id": "57405", "title": "", "text": "\"It happens in private too.   In addition to rarely \"\"putting their name on it\"\", my management will often given tasks out a wheel barrow load at the time. By saying they want it ALL done - they're not actually held responsible for any of it getting done.   The defense becomes \"\"well I told em'\"\"..\""}
{"_id": "57406", "title": "", "text": "I took littleadv's advice and talked to an accountant today. Regardless of method of payment, my US LLC does not have to withhold taxes or report the payment as payments to contractors (1099/1042(S)) to the IRS; it is simply a business expense.  He said this gets more complicated if the recipient is working in the US (regardless of nationality), but that is not my case"}
{"_id": "57424", "title": "", "text": "Seems a little strange:   You exercised an option we were fully aware of and now we don't like you so vote our way or we sue.  F that - two investors wanting to control the company with an undersized holding is a no go."}
{"_id": "57426", "title": "", "text": "True... Though if the USPS can survive these payments (I think it will) it will look very good when people start to retire in the future and it won't have to worry about retirement costs.   BUT... they do need to address their fundamental problems. They do lose billions every year without factoring in pension costs."}
{"_id": "57439", "title": "", "text": "Uhhm you do realize that like 99% of all new consumer products are still developed and released to market by US companies.  I mean two us companies drive like 99% of the mobile cellular market, google and apple.   Google will be releasing driverless cars, tesla is redefining the car market, space X is redefining space travel the list goes on.  The idea that the dollar is america's only edge is ridiculous at best."}
{"_id": "57457", "title": "", "text": "Since you are paying taxes on the distributions from your mutual funds anyway, instead of reinvesting the distributions back into the mutual funds, you could receive them as cash, then contribute them to your Roth IRA once you are able to open one."}
{"_id": "57486", "title": "", "text": "\"SOS stands for Secretary of State. The California Department of State handles the business entities registration, and the website is here. See \"\"Forms\"\" in the navigation menu on the left. Specifically, you'll be looking for LLC-5.\""}
{"_id": "57494", "title": "", "text": "I'm not sure how I feel about this.  On one hand, the decrease of home prices is very appealing, especially living in a high cost of living area.    On the other hand, no tax right offs for charities does not seem like a good idea.  If people are going to contribute less to charitable organizations, that will directly hurt the people they are trying to help such as the poor, homeless, and disadvantaged.  And these aren't small donations like the average person.  These are thousands or even tens of thousands of dollars.   I understand most of the money doesn't necessarily reach the ones they claim to help due to salaries, overhead, and marketing, but there are some good charities that try to give as much of the donated money to their cause.  I just don't trust our local and state government to put the money  into these kinds of programs."}
{"_id": "57508", "title": "", "text": "\"&gt; Why should we trust big agro to release accurate information that may be damning to their business?  Enforcement via inspection. You only need to check up on a small portion of claims to ensure accuracy. Have hefty fines for inaccurate information, and jail time for anyone who intentionally misleads.  &gt;The problem is that the USDA has been underfunded to the point that it's completely incapable of doing the amount of inspections needed.   There's a simple and obvious solution to that.  &gt;Consumers don't know what they need to be educated about, and rely on reporters and experts to make recommendations and revelations on their behalf.   That's why there's a mix of sources. Indeed, consumers don't know, but they still have the right to ask silly questions. Actual knowledgeable people are also involved so that actual meaningful questions be answered.  &gt;Revoke all laws that restrict the first amendment when it comes to our food. \"\"Disparaging a food product\"\" should not be illegal in a free country. Public health should be more important than sales of unhealthful products.  Those laws are, in part, there to protect public safety. Causing an unfounded panic over food-products could be disastrous. Public health is the justification for those laws existing, not protecting sales.\""}
{"_id": "57516", "title": "", "text": "\"The fallacy in your question is in this statement: \"\"The formulas must exist, because prices can be followed real time.\"\" What you see are snapshots of the current status of the stock, what was the last price a stock was traded at, what is the volume, is the price going up or down.  People who buy and hold their stock look at the status every few days or even every few months. Day traders look at the status every second of the trading day.  The math/formula comes in when people try to predict where the stock is going based on the squiggles in the line. These squiggles move based on how other people react to the squiggles.  The big movements occur when big pieces of news make large movements in the price. Company X announces the release of the key product will be delayed by a year; the founder is stepping down; the government just doubled the order for a new weapon system; the insiders are selling all the shares they can. There are no formulas to determine the correct price, only formulas that try to predict where the price may go.\""}
{"_id": "57517", "title": "", "text": "Some places banks/Credit Unions will allow you to refinance a auto loan. My credit Union only does this if the original loan was with another lender. They will send the money to the old lender, then give you a loan under the new terms. They are trying to get your business, not necessarily looking for a way make less money for themselves.  You will have to see how much you will save. Which will be based on the delta of the length of the loan or the change in interest rate, or both. My Credit Union has a calculator to show you the numbers based on keeping the size of the payments the same, or keeping the number of payments the same.  Make sure you understand any limitations regarding the refinance based on the age of the car, and if you are underwater."}
{"_id": "57520", "title": "", "text": "Pre-Market trading activity is shown on the site from 4:15 - 9:30 AM (actual trading starts at 4:00 AM EST) The NASDAQ Stock Market Trading Sessions (Eastern Time) Pre-Market Trading Hours from 4:00 a.m. to 9:30 a.m. Market Hours from 9:30 a.m. to 4:00 p.m. After-Market Hours from 4:00 p.m. to 8:00 p.m. Read more: http://www.nasdaq.com/about/trading-schedule.aspx#ixzz38OtcISrq In this case GOOG did not trade in the Pre-market until that time and FB was."}
{"_id": "57526", "title": "", "text": "\"Yes, this is restricted by law.  In plain language, you can find it on the IRS website (under the heading \"\"When Can a Retirement Plan Distribute Benefits?\"\"): 401(k), profit-sharing, and stock bonus plans Employee elective deferrals (and earnings, except in a hardship distribution) -- the plan may permit a distribution when you: \u2022terminate employment (by death, disability, retirement or other severance from employment); \u2022reach age 59\u00bd; or \u2022suffer a hardship. Employer profit-sharing or matching contributions -- the plan may permit a distribution of your vested accrued benefit when you: \u2022terminate employment (by death, disability, retirement or other severance from employment); \u2022reach the age specified in the plan (any age); or \u2022suffer a hardship or experience another event specified in the plan. Form of benefit - the plan may pay benefits in a single lump-sum payment as well as offer other options, including payments over a set period of time (such as 5 or 10 years) or a purchased annuity with monthly lifetime payments.  Source: https://www.irs.gov/retirement-plans/plan-participant-employee/when-can-a-retirement-plan-distribute-benefits If you want to actually see it in the law, check out 26 USC 401(k)(2)(B)(i), which lists the circumstances under which a distribution can be made.  You can get the full text, for example, here: https://www.law.cornell.edu/uscode/text/26/401 I'm not sure what to say about the practice of the company that you mentioned in your question.  Maybe the law was different then?\""}
{"_id": "57534", "title": "", "text": "There are two dates that matter for vesting in this situation: If you left the company on 12/31/16, you would be entitled to none of the company contributions. If you left on 1/1/17, you would be entitled to all $20k. This is sometimes known as a cliff vesting schedule. Some companies do a stair step - 20% after year 1, 40% after year 2, etc. This is known as graded vesting. But, that is not the case based on the language here."}
{"_id": "57557", "title": "", "text": "Confused? see your CPA"}
{"_id": "57558", "title": "", "text": "Completely agree with this, especially with the level 2 comment. Some sections in the Schweser level 2 books are quite scarce, and will need additional research.   I just passed level 2 this June, and I have pretty much never used the CFAI materials; they are very long and time consuming, whereas the Schweser resources were much shorter, yet still comprehensive enough. Of course, you are in this to improve yourself and learn as much as you can about the world of finance, so if you are not under time pressure, perhaps it may be better for your long term understanding to learn the content from the CFAI resources.   One thing I would stress is to do the Mock exams and topic tests on the CFA website, as this is probably the most important component of your studies. Use these resources to find your weaknesses and fill in the gaps from there.   You should skim read those blue boxes which contain worked examples, but personally I found the end of chapter questions to be too easy and a waste of time tbh.  Hope that helps a bit; all the best for your studies.   TL;DR  Schweser materials are more concise and a better option Regardless of what you use, do official CFA mocks &amp; topic tests"}
{"_id": "57564", "title": "", "text": "Just because gold performed that well in the past does not mean it will perform that well in the future.  I'm not saying you should or should not buy gold, but the mere fact that it went up a lot recently is not sufficient reason to buy it. Also note that on the house, an investment that accrues continuous interest for 30 years at an annual rate of about 7.7% will multiply by a factor of 10 in 30 years.  That rate is pretty high by today's standards, but it might have been more feasible in the past (I don't know historical interest rates very well).  Yet again note that the fact that houses went up a lot over the last 30 years does not mean they will continue to do so."}
{"_id": "57584", "title": "", "text": "Buffett has the edge here. Berkshire is proposing to keep Oncor's board and CEO, which NextEra didn't offer and was a sticking point for the PUC.  However Elliot owns something like 70%+ of EFH's debt, so maybe the PUCT will be more accommodating to that."}
{"_id": "57587", "title": "", "text": "Cut the tax rate, eliminate the loopholes.  If they are able to make money then they should be more than able to do so, but if they are not, they should have to take the loss as they are the ones taking the risk.  EDIT: Of course I'm downvoted, I forgot Reddit is basically communist."}
{"_id": "57605", "title": "", "text": "Remind me again who held and was willing to loan out that debt?  The investor classes partly created the risk environment that they now want protection from. convenient.   If they're going to sit on their savings, they're going to comparatively lose more to inflation, so what you think will happen probably wouldn't happen. And even if they do, savings don't receive preferential tax treatment anyways."}
{"_id": "57615", "title": "", "text": "The Skipton Building Society has recently announced that it is offering a cash LISA. According to the papers it is the first to offer a cash LISA. Skipton is the UK's 4th largest UK Building Society and has been in existence since 1853. There are other providers of LISAs such as Hargreaves Landsdown. Hargreaves Lansdown is listed on the FTSE 100 i.e. it's one of the largest 100 companies with a UK stock market listing. Stocks and Shares and Cash LISAs are quite different so you need to decide which type you want before deciding where you want to get one from. You can switch from one to another at a later date if you so wish but you may need to switch providers to do so."}
{"_id": "57622", "title": "", "text": "My current favorite service for this kind of transfer is Transferwise. The fees are quite low when compared to the 2.5-3% by high-street banks for currency conversion, to which you need to add the international wire transfer fee, and it's often a lot faster, as they split it into two domestic transfers while the international part + currency conversion happens internally to Transferwise."}
{"_id": "57634", "title": "", "text": "It was Facebook/Zuckerberg implementing their black mail engine. I helped manage a Facebook page as an intern for a mid-size music venue a few years ago. Our outreach per post was hitting at least 50% of our followers. Overnight that number crashed to 15-20%. Conveniently. we received an email shortly thereafter explaining how if we paid for advertising, we could boost our visibility back to where it used to be. That cannot be a winning strategy in the longterm, to demand that the entities that drive traffic on your site to pay for exposure."}
{"_id": "57638", "title": "", "text": "The reason we are talking about Saudi, because they are the biggest oil exporter. Their political stability-oil supply has direct impact to US and global economy.  i doubt any of us really concern about actual saudi economic well being without considering direct impact to global oil supply.   Venezuela oil export is not as large as Saudi, and venezuela biggest customer (and their biggest mistake) is US.  Venezuela is just US screwing a vassal state.  Saudi is global oil security."}
{"_id": "57646", "title": "", "text": "You can't actually transfer shares directly unless they were obtained as part of an employee share scheme - see the answers to questions 19 and 20 on this page: http://www.hmrc.gov.uk/isa/faqs.htm#19 Q. Can I put shares from my employee share scheme into my ISA? A. You can transfer any shares you get from into a stocks and shares component of an ISA without having to pay   Capital Gains Tax - provided your ISA manager agrees to take them. The   value of the shares at the date of transfer counts towards the annual   limit. This means you can transfer up to \u00a311,520 worth of shares in the tax   year 2013-14 (assuming that you make no other subscriptions to ISAs,   in those years). You must transfer the shares within 90 days from the day they cease to   be subject to the Plan, or (for approved SAYE share option schemes) 90   days of the exercise of option date. Your employer should be able to   tell you more. Q. Can I put windfall or inherited shares in my ISA? A. No. You can only transfer shares you own into an ISA if they have   come from an employee share scheme. Otherwise, the ISA manager must   purchase shares on the open market. The situation is the same if you have shares that you have inherited.   You are not able to transfer them into an ISA."}
{"_id": "57671", "title": "", "text": "\"Are you saying they're all just a bunch of hacks trying to monetize fear instead of actually providing sound financial advice? Are you further suggesting that they were nowhere to be found in 07, yet now that the country is in a poor financial state, they're trying to grab headlines? Are you saying that even though they all claim they \"\"predicted\"\" the housing crisis there is no conclusive evidence suggesting that any of them actually did so?   Oh wait, I guess I said that.\""}
{"_id": "57685", "title": "", "text": "\"First note that Standard Chartered Bank's domain is \"\"sc.com\"\", not \"\"scb.com\"\". The \"\"scb.com\"\" site appears to be an architecture company \"\"of sorts\"\". The \"\"yandex\"\" email address is for a Russian search company which offers free email services.  The \"\"standardchartered.X10.bz\"\" email address is clearly a spoof use of the standard chartered name, and is registered in Belize - a small central American country and tax haven.  The \"\"yilmazguneadana.org\"\" is not recognised by internet DNS, so appears to be an email only service. This is clearly a phishing scam.  Do not respond to this email.  Of the many thousands of people that have received this email, sadly some will be dumb enough to respond - the elderly are most vulnerable to this type of scam.\""}
{"_id": "57707", "title": "", "text": "\"Depending on what you need to explain, you can submit your electronic return without the supplemental information and subsequently mail a Form 8453 with the additional information.  This is helpful for form 8489, for example, where you need to list every transaction reported by your stock broker on a 1099-B.  See https://www.irs.gov/pub/irs-pdf/f8453.pdf for more details on this form. If the information you need to submit an attachment for doesn't follow one of the options on that form, you will likely need to file a paper return or use a paid tax preparation service/application. Limitations of FreeFile are explained here, along with a list of forms that are available: https://www.irs.gov/uac/List-of-Available-Free-File-Fillable-Forms The \"\"Attaching Statements\"\" and \"\"Write-in information\"\" sections seem like they might apply to your situation. Attaching Statements - If you need to add statements and you can't use Form 8453, U.S. Individual Income Tax Transmittal for an IRS e-file Return, to mail that information, you will not be able to use this program to efile your return Identity Protection PIN's (IP PIN) - This program only supports the entry of a Primary taxpayer's IP PIN. If the spouse or dependents have an IP PIN, you cannot use this program to efile the return. Writing In Information - Your ability to \"\"write in\"\" additional information to explain an entry is generally limited to the 1040 forms and some of the more frequently submitted forms. If you need to write in additional information on a form, other than the 1040 series, you may not be able to use this program to efile your tax return. E-filing Forms - To efile forms, (except Form 4868) they must be attached to a 1040 series form (1040, 1040A or 1040EZ). Form Limitations - There may be Known Limitations of forms you plan to complete. Please review them. A form limitation may keep you from completing or e-filing your return.\""}
{"_id": "57711", "title": "", "text": "The traditional role of a stockbroker is to arrange for the buying and selling of stock by finding buyers and sellers at an agreed upon price.  The broker does not purchase the stock for himself but merely arranges for the stock to be traded. A trader is one who purchases stock with the hope of selling it for a gain.  The trader will use a broker to help with the purchase and sale of a stock."}
{"_id": "57715", "title": "", "text": "Write a virus, start spreading it via USB. That's how stuxnet got to Iran's nuclear program.  Someone could make a virus that does nothing on most computers, but if it happens to be on an ATM, it spits out cash if you type in the proper number on the key pad."}
{"_id": "57716", "title": "", "text": "If you don't know how to evaluate funds and are looking for someone to help you make good investment decisions, then you want a financial advisor.  My suggestion is to look for one that 1) doesn't try to sell you insurance first (since insurance is an expense, not an investment), 2) can explain to you the the relationship between risk and return (and what mix is right for you) and 3) recommends funds that have good demonstrated returns after fees have been removed. If you plan to pick your own funds and just want a transaction broker, go with one of the free/cheap online discount brokers.  Many let you invest in hundreds of different funds, so look for brokers with the cheapest fees."}
{"_id": "57781", "title": "", "text": "&gt;First, federal labor law bars even non-union employers like Google from punishing an employee for communicating with fellow employees about improving working conditions. The purpose of the memo was to persuade Google to abandon certain diversity-related practices the engineer found objectionable and to convince co-workers to join his cause, or at least discuss the points he raised.   &gt;In a reply to the initial outcry over his memo, the engineer added to his memo: \u201cDespite what the public response seems to have been, I\u2019ve gotten many personal messages from fellow Googlers expressing their gratitude for bringing up these very important issues which they agree with but would never have the courage to say or defend because of our shaming culture and the possibility of being fired.\u201d The law protects that kind of \u201cconcerted activity.\u201d   &gt;Second, the engineer\u2019s memo largely is a statement of his political views as they apply to workplace policies. The memo is styled as a lament to \u201cGoogle\u2019s Ideological Echo Chamber.\u201d California law prohibits employers from threatening to fire employees to get them to adopt or refrain from adopting a particular political course of action.  https://www.cnbc.com/amp/2017/08/07/it-may-be-illegal-for-google-to-punish-engineer-over-anti-diversity-memo-commentary.html  The employee was also fired after making a complaint to the NLRB. &gt;Damore said he was exploring all possible legal remedies, and that before being fired, he had submitted a charge to the U.S. National Labor Relations Board (NLRB) accusing Google upper management of trying to shame him into silence.   https://www.reuters.com/article/us-google-diversity-idUSKBN1AO088"}
{"_id": "57795", "title": "", "text": "\"&gt; she makes some very good points to the whole \"\"Startup\"\" mentality.  The 'fight' here is for responsibility.  Ahoyhere is challenging people to be responsible for themselves, and to 'take the blame' if they have nothing to show for it when or if their vc startup employer goes bust (or, gets wildly successful and they don't share in the success.)    People don't want that.  They want to tell themselves they're justified for being bitter after being screwed.  They want to know that 'hard work always pays off', which is obviously false.\""}
{"_id": "57796", "title": "", "text": "\"I'd be willing to pay for content only if it was somehow integrated into a single billing structure, and I didn't have to manage eight million micro-transaction accounts with every single website that I used.   So, for example, maybe instead of an ad-server - Google could run some kind of cookied browsing tracker that would apportion my monthly \"\"content budget\"\" among the various sites I visit based on my time-on-page?\""}
{"_id": "57800", "title": "", "text": "\"Okay, I'm going to give you my opinion based on experience; not any technical understanding. The options - by themselves - are pretty meaningless in terms of determining their value. The business plan going forward, their growth expectations, the additional options to be authorized, the additional preferred stock offers they anticipate, even current estimated value of the company are some of the pieces of data you will be needing. I also want to say something cynical, like \"\"to hell with the stock options give me cold hard\"\" but that's just me. (My experience two-times so far has shown stock options to be worth very very little.)\""}
{"_id": "57837", "title": "", "text": "That's like saying the Dollar is untrustworthy because Madoff used it in his scam, or that the Dollar is a criminal enterprise because US cash is the number one currency of the black market.  If you believe those arguments as well, then I grant your criticism, but otherwise you'd be inconsistent.  Personally I don't think it makes sense to blame the money in any of these situations.  Money's just a fundamental tool for all economic activity, good or bad, and in all of these cases, I'd argue the money did exactly what it's supposed to do.  Seems a lot more reasonable to blame the individuals involved."}
{"_id": "57838", "title": "", "text": "Eh, I've read their list and it didn't seem like they had that strong of arguments for their selections. Some of those I'm sure will make the short list but others don't seem to match what Amazon is looking for at all."}
{"_id": "57841", "title": "", "text": "I'm in the US as well, but some basic things are still the same. You need to trade through a broker, but the need for a full service broker is no longer necessary. You may be able to get by with a web based brokerage that charges less fees. If you are nervous, look for a big name, and avoid a fly by night company. Stick with non-exotic investments. don't do options, or futures or Forex. You may even want to skip shares all together and see if UK offers something akin to an index fund which tracks broad markets (like the whole of the FTSE 100 or the S&P 500) as a whole."}
{"_id": "57844", "title": "", "text": "In 1929 the Dow Jones Industrial Average peaked at roughly 390 just prior to the Great Depression. It did not return to that level again until 25 years later in 1954. 25 years is a long time to go without any returns, especially if you are a retiree. There is no easy answer with investing. Trying to time the tops and bottoms is widely regarded as a foolhardy endeavor, but whenever you invest you expose yourself to the possibility of this scenario. The only thing I highly recommend is not to base your decision on the historical returns from 1975 to 2000 that the other answers have presented. These returns can be explained by policy changes that many are coming to understand are unsustainable. The growth of our debt, income inequality, and monetary manipulation by central banks are all reasons to be skeptical of future returns."}
{"_id": "57855", "title": "", "text": "\"Because any nation that allows real estate to become an asset class will eventually, given enough time, destroy the wealth potential and social mobility of the non-owner class. There's a reason that aristocracy used to be referred to as \"\"landed aristocracy\"\".   The solution is a progressively higher tax on second, third and fourth properties. And an elimination of tax on first properties.  But such proposals are never allowed air time as they gut the rentier class.\""}
{"_id": "57891", "title": "", "text": "In my experience, this choice is entirely up to the bank itself. There was a time when, given my mothers ATM card I could go to the bank and pull money for her, but the bank has since changed their rules and now they only will allow people listed on the account to access it, card or no card.  If the bank is aware of who you are and knows that your friend is not you, they may be skeptical of allowing your friend to withdraw any money, or they might not care, it's at their discretion.  If they do not know who either of you are, if your friend has the card and information needed, that will likely be sufficient, unless they ask for identification."}
{"_id": "57898", "title": "", "text": "If the account is not dollar-denominated, I would say it does not make sense at all to have dollar-denominated statements. Such a statement would not even be accurate for any reasonable amount of time (since FX rates constantly fluctuate). This would be a nightmare for accounting purposes. If you really need to know the statements in USD, I think the best practice would be to perform the conversion yourself using Excel or some similar software."}
{"_id": "57907", "title": "", "text": "I don't even think that much is true, in a downturned market we see deflation. Things go on sale, prices drop, that's deflation. But the elephant in the room is that the gov't can't let deflation happen or their debt becomes harder to pay off. So after/during a downturn the government goes into hyperinflation mode.  To me, gold/silver aren't a hedge against the dollar they are a hedge against the inevitable decline of the dollar which isn't going to stop until we change monetary policy.  Graph the dollar's value in the past 100 years, it's the biggest crash in history. Now ask yourself if the dollar was a stock, would you want to own it with that record? 100 years of declination. Sell your dollars, find a real currency."}
{"_id": "57913", "title": "", "text": "You have to pay off the balance on the loan first. Also, FHA loans are not supposed to be used for rental properties. I don't know how you living there for a number of years changes things or how often is that rule enforced but you might need to refinance even if you rent it out."}
{"_id": "57917", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.dawn.com/news/1361897/saudi-arabia-to-buy-russian-s-400-defence-systems-other-arms) reduced by 86%. (I'm a bot) ***** &gt; Saudi Arabia signed on Thursday preliminary agreements to buy S-400 air defence systems and receive &amp;quot;Cutting edge technologies&amp;quot; from Russia during King Salman&amp;#039;s landmark visit to Moscow, the Saudi military industries firm said.  &gt; Under the agreements, Saudi Arabia is set to buy S-400 air defence systems, Kornet anti-tank guided missile systems and multiple rocket launchers.  &gt; &amp;#039;Positive cooperation&amp;#039; Citing Russia&amp;#039;s energy minister Alexander Novak, the Financial Times reported that Russia and Saudi Arabia were expected to sign deals worth over $3 billion, including a $1bn energy investment fund and a $1.1bn agreement for Russia&amp;#039;s petrochemicals giant Sibur to build a plant in Saudi Arabia.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74h8c5/saudi_arabia_to_buy_russian_s400_defence_systems/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~222658 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Saudi**^#1 **Russia**^#2 **agreement**^#3 **Salman**^#4 **Arabia**^#5\""}
{"_id": "57922", "title": "", "text": "Since the compounding period and payment period differs (Compounded Daily vs Paid Monthly), you need to find the effective interest rate for one payment period (month).   This means that each month you pay 0.33387092772% of the outstanding principal as interest.  Then use this formula to find the number of months:  Where PV = 21750, Pmt = 220, i = 0.0033387092772  That gives 120 Months.  Depending on the day count convention, (30/360 or 30.416/365 or Actual/Actual), the answer may differ slightly. Using Financial Calculator gives extremely similar answer.  The total cash paid in the entire course of the loan is 120 x $220 = $26,400"}
{"_id": "57923", "title": "", "text": "It's not that simple.  The problem is that Greece is not in control if it's own finances.  Neither are any of the other countries.  The Eurozone doesn't have the power to do things like raise taxes or sell government bonds, and the individual governments don't have the power to float the currency.  The Eurozone is going to unwind over the a decade.  Greece will leave, but there are another 4-5 countries that should leave the Euro for the same reasons as Greece.  Spain seems likely to be the next up, with Italy not far behind.  The Euro was never designed to break apart.  We really have no idea what the shockwaves of a country leaving the currency will look like."}
{"_id": "57953", "title": "", "text": "\"&gt; Wii \u2013 95.85 million as of 31 March 2012[8]  &gt; Xbox 360 \u2013 65.8 million as of 12 January 2012[52]  &gt; PlayStation 3 \u2013 63.9 million as of 31 March 2012[53]  I wouldn't characterize those numbers as Microsoft \"\"dominating\"\" the market.  I also don't think it is a \"\"certainty\"\" that Microsoft will dominate the next generation.  &gt;MS is also much closer to a unified platform for you TV.  I don't get this at all.  I have a 360 and a PS3.  My PS3, has Netflix, Hulu, Amazon, and it's own video service but it also has a blue ray player and the ability to easily stream videos from my Windows Home server, something I've been unable to get my 360 to do.   Personally, I think Windows 8 is going to be very similar to Vista.  Businesses (which is a HUGE % of Microsoft's OS market) aren't going to touch Windows 8 with a 10 foot pole.  Keep in mind Windows XP is still 41% of the PC market.  Overall, you've got a much rosier view of Microsoft than I do.\""}
{"_id": "57954", "title": "", "text": "It's quite alright, it's been over a decade since he passed so I'm not particularly sensitive about it any more.  I'll have a look at investopedia, but what I'm mainly interested in is private equity. I wanted to ask directly about that, but I feel that I need a frame of reference to understand what's going on. As in, I doubt I'd be able to really get private equity without first having an understanding of public trading.  Is this subreddit really that reputable? I've learned to not really trust reddit, for the most part. Is there some kind of curation here?"}
{"_id": "57958", "title": "", "text": "Anytime you mention Wal-mart's employment, it's almost always the biggest (fill in the blank) because it's the country's biggest private employer.  It employs 4 times more people than #2 (McDonalds).  About 1 / 150 Americans work for Wal-Mart.  It's crazy."}
{"_id": "57960", "title": "", "text": "Apples and oranges. The stock market requires a tiny bit of your time. Perhaps a lot if you are interested in individual stocks, and pouring through company annual reports, but close to none if you have a mix of super low cost ETFs or index fund.  The real estate investing you propose is, at some point, a serious time commitment. Unless you use a management company to handle incoming calls and to dispatch repair people. But that's a cost that will eat into your potential profits. If you plan to do this 'for real,' I suggest using the 401(k), but then having the option to take loans from it. The ability to write a check for $50K is pretty valuable when buying real estate. When you run the numbers, this will benefit you long term.  Edit - on re-reading your question Rental Property: What is considered decent cash flow? (with example), I withdraw my answer above. You overestimated the return you will get, the actual return will likely be negative. It doesn't take too many years of your one per year strategy to wipe you out.  Per your comment below, if bought right, rentals can be a great long term investment. Glad you didn't buy the loser."}
{"_id": "57989", "title": "", "text": "Nah most of what the quants do is v. mathematics / theory heavy and not prog / cs heavy. It really depends whether you want a markets / stats focus or a programming focus.  Programming focus = CS style, development, implementing algo.s  Markets focus (where the $ is) = refining algos and working with devs, stats/research, more physics/maths-style work with a lot more scripting and empirical approaches to problem solving  Take it from someone in industry... you'll be fine just go out and get a job, they'll train you, start reading the FT for some background on markets and read up on basic financials e.g. what stock actually is, how it's prices, how markets actually function (structurally), how people price swaps and bonds, etc."}
{"_id": "57990", "title": "", "text": "The main concern I'd have is that something will happen to the account while it's unattended.  While you may not have any money in it to risk, you could have a fraudulent check written against it that causes you to incur NSF fees. Your bank also might change its no-fee policy (I assume these are no-fee accounts, or there's an obvious drawback).  If it does, it's possible you might not notice, and again then the fee might be assessed, overdrawing you and causing additional NSF fees."}
{"_id": "57991", "title": "", "text": "Yes, it's true (from a BB perspective).  This isn't the 80's where M&amp;A's are the money makers.  This isn't the 90's where IPO's are the cash cows.  Going forward the new products, especially the OTC derivatives market and FI are going to be where a lot of resources are pooled and where revenues are generated.  Ask yourself the question, why do you want to go into equity research as opposed to another product?"}
{"_id": "57994", "title": "", "text": "\"I'm a manager of a charity shop so work with a wide range of unpaid volunteers, which requires an especially soft touch (most of the time, everyone is different) or people will just leave.  It takes longer, but the overall results are better and more long-lasting.    Think of it like pushing a boat from the docks with your hand, always applying a small pressure to get the boat to gradually move where you want, rather than ramming into the side of a boat with a truck - sure it'll get you there quicker, but will cause lasting damage.  It's also best to take it slow, as you need time to learn the business and people.  Be clear about your approach with your boss, managing their expectations is important.  Anyway, here is what I've learnt in my first year or so doing this job, plus things I've learnt along the way in my previous career as a software engineer (radical career change!) where I've managed people and been managed:  1. Be yourself.  Don't pretend to be someone you're not, everyone will see right through you in an instant.  You'll change over time as you get used to managing people, that's fine, but always be yourself through that.  1. Say \"\"thank you\"\" to everyone at the end of each day as you say goodbye.  Mean it.  Think of all the work they've done today for you.  1. Spread the shit evenly.  Every job has crap parts, make sure you and everyone else gets their fair share and no more.  I regularly hoover, clean the bathroom, wash-up, and so on.  1. Ask, don't tell.  If you bark orders, people will do them.. but they'll put no effort into it and you'll distance yourself from them.  Ask if they could do something for you.  It's a politeness, nobody ever says no unless there is an issue which you need to deal with anyway.  1. Pick your battles.  Is it worth moaning at someone for that little infraction?  Or can you get over that message another way?  i.e. I don't like people having drinks on the till counter, so when I take over to cover for them for a break, I just move it.  After a while, no drinks appear on the counter.  1. Be honest.  If you don't know, say so.. ask for input.  Weigh up the options out loud, then pick one, explain why, and go for it - or better yet, get the person that thought of it working with you (not for you) to implement it.  If you're wrong, hold your hand up and try the other suggestion(s).  1. Always take responsibility when things go wrong - that is actually your job.  When things go well, use *you* and *we*.  If things go badly, sometimes *I*, sometimes *we*, but never *you*.  1. Always be pro-active with money.  If you owe your staff money for any reason, chase them to give it to them, never let them chase you.  If there even *might* be any problems at all with money, let everyone know as soon as you know.  Go out of your way to ensure they get what they're owed *now*, not later.  I just did this today actually, I forgot to do expenses for someone and switched over the till so there wasn't enough cash in the new till to cover it.. so I just took it from the money to bank, and marked down why there was a discrepancy on the paperwork and will do the same tomorrow when that doesn't match by the opposite amount.  I should not do this at all, but it's the right thing to do.  1. Listen carefully.  Often employees have problems but won't bring them up, either they don't think anything will get done, or they don't want to get someone in trouble, or something else.  However, if you listen and observe carefully, often there are clues to the things that are bothering them and you'll find ways to tackle them.  1. Don't run a team meeting until you know everyone, if you can avoid it.  You don't know shit about how the company works, who the people are, what makes them tick, what they do, and so on.  All you'll do is come across as a bit of a tool, and distance yourself from them (as boss).  When you do run one, just guide it, don't lead it.  Always hand over control of the conversation as much as possible, except of course where you've got things that they need to hear.  1. Never joke about your 'power'.  i.e. Don't mess about saying how you'll fire them if blah, or how you'll give them all the shit work, or mention pay jokingly, etc.  I had a boss that did that when drunk, not in a serious way at all, and he was very widely hated for pretty well nothing other than that.  It served as a constant reminder that he's separate from us.  1. Give people room, but don't be taken for a ride.  If someone is late once, fine, I wouldn't even mention it.  Late again, maybe I'd make a light joke of it.  Late again.. we'll have a chat.. always listen to what they have to say, is there any way you can help?  But, don't be taken for a ride.  I've had people pick me up on being late the very first time I was late, and you know what, I was more late for that job from then on than I've ever been before or since.  1. Try to get your employees to come up with ideas to move the business forwards.  It's very easy to look at a business and say \"\"we need this, that, and the other doing.. like this!\"\".  But you need to get your employees to buy into it, or they just won't do it properly.  It'll be like getting blood out of a stone to start with, but if you're patient and support their ideas most people will come around.  You *need* their input as they know their job better than you.  1. EDIT: Always be clear what you want from people, when.  Speak with them about the task(s) before-hand to make sure they're comfortable with it and think it can be done in the time.  So many times I've been given tasks with unrealistic deadlines, the manager hasn't wanted to listen to my protests, then wonders why it didn't get done in time.  It's crazy really, wanting something to be possible doesn't make it so.  *A (not so) Quick Example*  One volunteer said to me that we should halve the price of all the fiction books to .99 to compete with other shops.  I personally don't think that's a good idea (our shop has better quality stock and is much more organised), but I have no evidence to the contrary, and I honestly don't really know.. so I say go for it and support it completely as a good idea.  We tried it for a month, and we made exactly the same amount of money.. sold twice as many books, but no extra cash.  So it was valuable to do, and we discovered that maybe 1.49 might be a good option to try.  But, far more importantly, they saw their ideas put into action right away, and saw the results of that.  It empowered them, which is incredibly important for a wide variety of reasons that are too much to go into here, but basically it makes them feel more respected, enjoy their job more, think more about the business, and so on - you know what it's like when you're empowered, how good it feels.  However, it's being empowered with the support that's important, something which you personally going into your new job don't feel you have, which leads to the anxiety and so on I'm sure you're feeling now.  Don't put your employees in that position if you can help it.  There is also another reason why I outright supported their idea from the offset.  It didn't work (although we didn't loose anything) and I thought it wouldn't, but I can say \"\"*we* tried\"\".  It wasn't down to that one person, they didn't feel bad that it didn't work because I was right behind it, and it's my job to take responsibility.  If it had been *their* idea that had failed, they wouldn't give any ideas ever again, and everyone else would be put off too.  As soon as anyone tries to take personal responsibility, and they will, stick to your guns in supporting them.. stronger than ever.  Now we're getting a lot of ideas all the time, they're having in-depth discussions amongst each other, they're pro-active, and so on.  As a business we're doing much better now because of it.. profits are up 15% from last year and we've only just begun to kick things off, and that's going against a national trend downwards.  We've had several critical changes to our shop layout, back-room organisation, results reporting, stock handling processes, and so on.. all from volunteer ideas and feedback.  So the 15% is actually the tip of the iceberg, what we've got in place now should allow us to grow more quickly too.  And remember, you can make suggestions too of course.. but they're just that, suggestions.  Suggest them to your employees, speak with several of them, then get back to them when you've made a decision.  Don't say \"\"I'm thinking of trying this\"\", say \"\"I was just thinking.. what about this?  Do you think it would work?\"\" and talk about it.  Think of arguments against your idea, see if they counter them, and so on.  Now.. how many of these changes did I think of before-hand and want to enact?  About half.. so we've got a significant number of successful ideas that I personally hadn't thought of, everyone's happier and working harder for the business, and we have a bright future.  I have more ideas too, and people listen to and respect them now just like I have with them.  I think that's the key to it all really.  Show your employees respect, and they'll show you it in return.\""}
{"_id": "58005", "title": "", "text": "Your practice of waiting until you can pay cash is a good one. It will certainly prevent you from getting into debt! Now, to be clear, your question puts a credit card in the same category as a loan, but it doesn't have to be. You could use a credit card almost like cash, if you are careful. I'm not familiar with the system in France, but in the US, even if you are paying cash all the time, there are some benefits to getting a credit card and paying it off in full every month, instead of simply paying with cash. Some of those benefits are: One pretty big downside of having a credit card depends on your personality. Some people, once they have credit, end up spending beyond their means, and end up getting into debt. Please look into whether credit cards work the same way in France before considering the above advice. As for your question regarding getting a loan vs paying cash, that will usually be personal preference, since with a loan you can buy expensive items (such as a house or car) much sooner than you otherwise could if you waited until you saved the money. For example, it might take 10 years or more to build up enough money to purchase a house with cash, so if you don't want to wait that long, you'll need to finance it."}
{"_id": "58009", "title": "", "text": "\"Stock price is determined by the buyers and sellers, correct? Correct! \"\"Everything is worth what its purchaser will pay for it\"\"-Publius Syrus What causes people to buy or sell? Is it news? earnings? stock analysis and techniques? All of these things influence investors' perception of how much a stock is worth. If AMZN makes a lot of money one quarter, then the price might go up. But maybe public perception of AMZN changes because of a large scandal. This could cause the share price to decline even with the favorable earnings report. Why do these 'good' or 'bad' news make people want to buy/sell a stock? People invest to make money. If it looks like a company is going to take a turn for the worst, people will sell. If it looks like the company has a bright, cash-laden future in front of them, people will buy. News is one of the many factors people use to determine how well a company will do. Theoretically could a bunch of people short AMZN and drive down the price regardless of how well it is doing? Say investors wanted to boycott AMZN in order to drive down the cost and get some cheap shares. This is pretty silly, but say for the sake of the argument that everyone who owned AMZN decided to sell their shares and no other investor was willing to buy the shares for less than $0.01, then AMZN shares would be \"\"worth\"\" $0.01 in that aspect. That is extremely unlikely to happen, though, for two reasons:\""}
{"_id": "58026", "title": "", "text": "Agree with Michael here. The exchanges help you more than they will hurt. It begs the question why you want to avoid exchanges and the brokers since they do provide a valuable service. If you want to avoid big fees, most of the discount brokerages have tiny fees these days (optionshouse is down to $4), plus many have deals where you get 60 or more trades for free."}
{"_id": "58035", "title": "", "text": "This sounds like a crazy idea, but in reality people don't make the wisest decisions when considering bankruptcy in Australia.  My suggestion would be to get some advice from an insolvency specialist."}
{"_id": "58046", "title": "", "text": "You should also be aware that there are banks that do business in the US that do not deal with Fannie Mae, and thus are not subject to the rules about conforming loans.  Here is an example of a well-known bank that lists two sets of rates, with the second being for loans of $750,000 or more (meaning the first covers everything up to that) https://home.ingdirect.com/orange-mortgage/rates"}
{"_id": "58065", "title": "", "text": "\"This may sound very \"\"tongue in cheek\"\", but the best thing you can invest in is to raise your income in order to increase your retirement savings.  How much are you able to contribute to retirement now?  I think you would be lucky to do $150/month and most months probably less than that.  However, if you were making like 60k/year, and allowed a little lifestyle bloat, you could probably easy put away 20k/year.  Once you are able to do that the savings you can manage now will be quickly eclipsed.   Often times when people consider \"\"having their money work for them\"\" they often neglect to factor risk.  Prior to investing one should have a proper emergency fund in place.  That is 6 months or so of living expenses in a nice safe savings account.  Those earn about 1.25% these days, which is pretty meager, but it does earn something.   Once the emergency fund is in place, one can invest with impunity.  Without it, you will have to liquidate investments if economic calamity strikes you.  This could be done at a loss furthering the harm done by the calamity.   Increase your income and create an emergency fund.  Do those things first.\""}
{"_id": "58071", "title": "", "text": "Why not just get a consolidated loan for 15K, and then $20K zero transfer? The Loan will have a payoff on the amount borrowed, probably a fixed payment which would be more than double the payment as if it were only $15K to start. That make sense?  If you are approved for both pieces of this, it should help, what is going to be the rate on the loan?  The process you are starting has 3 aspects - cut spending, reduce interest, minimize payment obligations. If you do anything to earn more, even a few hours a week it will add up.  I would not reduce any credit lines. In a perfect world, you will have a buffer of money to cover any expense. Until then, available access to money is important, but of course to be used either for emergencies or when cash is there to pay the bill in full when it comes in."}
{"_id": "58081", "title": "", "text": "Your article uses two metrics, number of lawyers per capital and number of lawsuits. I don't think those simplistic metrics are sufficient to count as science or even a fully reasoned analysis. Perhaps number, + dollar value, +validity, +lawsuits that are threatened but not followed through with. I actually live in Germany, after having grown up in the us, and it's very clear to me that the US has a significantly shittier environment surrounding litigation."}
{"_id": "58103", "title": "", "text": "\"The \"\"Deferral\"\" for the 401k means that you're not collecting your pay immediately, but instead diverting it to a retirement account (Roth 401k in this case). This article defines deferral well: What is the difference between a regular 401(k) deferral (pre-tax) and a Roth 401(k) deferral?  Under either a regular 401(k) deferral or a Roth 401(k) deferral, you   make a deferral contribution by electing to set  aside part of your   pay (by either a certain percentage or a certain dollar amount).  For   a regular 401(k) deferral, the  taxable wages on your W-2 are reduced   by the deferral contribution; therefore, you pay less current income   tax.   However, you will eventually pay tax on these contributions and   earnings when the plan distributes the regular  401(k) deferrals and   earnings to you.  The result is that the tax on the regular 401(k)   deferrals and earnings is only  postponed.  A Roth 401(k) deferral is an after-tax contribution, which  means you   must pay current income tax on the deferral.   Since you have already   paid tax on the deferral, you won\u2019t pay tax on it again when you   receive a distribution of  your Roth 401(k) deferral.  In addition, if   you satisfy cer tain distribution conditions, then you won\u2019t have to   pay tax  on the earnings either.  This means  that the distribution of   the Roth 401(k) earnings can be tax free not just tax  postponed. Traditionally, this deferred compensation typically was directed to a 401k, but now that Roth 401k is another available option, deferred compensation can be directed there as well.\""}
{"_id": "58108", "title": "", "text": "**Potlatch**  A potlatch is a gift-giving feast practiced by indigenous peoples of the Pacific Northwest Coast of Canada and the United States, among whom it is traditionally the primary economic system. This includes the Heiltsuk, Haida, Nuxalk, Tlingit, Makah, Tsimshian, Nuu-chah-nulth, Kwakwaka'wakw, and Coast Salish cultures. Potlatches are also a common feature of the peoples of the Interior and of the Subarctic adjoining the Northwest Coast, though mostly without the elaborate ritual and gift-giving economy of the coastal peoples (see Athabaskan potlatch).  Potlatches went through a history of rigorous ban by the Canadian federal government, continuing underground despite the risk of criminal punishment, and have been studied by many anthropologists.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "58120", "title": "", "text": "There are two answers to this (excluding central banks which are really just a banks to private banks):  **Please note:  This is an oversimplification and not accounting for the fact that banks operate in both categories now.  **  Banks are either depository institutions or financial service/transaction providers.  *  Depository institutions are your typical retail bank (regions, boa retail, wells fargo retail, etc).  They accept deposits from account holders and lend out via reserve lending to mortgages and business loans for their revenue generation.    * Financial service/transaction providers are better known as IBanks.  You have your Goldman Sachs, Deutsche Bank, JP Morgan, Morgan Stanley, etc.  These have traditionally been banks that do not accept deposit accounts but revenue generation comes from financial services such as asset management and research or from financial transaction facilitation such as market making (offering both buy/sell quotes in capital markets).  This is generally the role that banks have played historically from the medieval ages on... They started out as being entities that provided access to connecting buyers and sellers of markets."}
{"_id": "58129", "title": "", "text": "Not really. This just shows you might be able to fill huge orders a little less cheaply now, but then somebody else gets to fill it at a better price and the HFT/Market Maker took on some risk for some profit. That's pretty much the definition of providing liquidity. How is this raising prices? It's not. Raising prices would be if HFT bought like 2mil worth of stock and just held it for some time, then tried to sell it to you later at a better price, but that's just investing."}
{"_id": "58186", "title": "", "text": "Your edit indicates that you may not yet be ready to get heavily involved in investing. I say this because it seems you are not very familiar with foundational finance/investing concepts.  The returns that you are seeing as 'yearly' are just the reported earnings every 12 months, which all public companies must publish. Those 'returns' are not the same as the earnings of individual investors (which will be on the basis of dividends paid by the company [which are often annual, sometimes semi-annual, and sometimes quarterly], and by selling shares purchased previously. Note that over 3 months time, investing in interest-earning investments [like bank deposits] will earn you something like 0.5%. Investing in the stock market will earn you something like 2% (but with generally higher risk than investing in something earning interest). If you expect to earn significant amounts of money in only 3 months, you will not be able to without taking on extreme levels of risk [risk as high as going to a casino].  Safe investing takes time - years. In the short term, the best thing you can do to earn money is by earning more [through a better job, or a second part-time job], or spending less [budget, pay down high interest debt, and spend less than you earn]. I highly recommend you look through this site for more budgeting questions on how to get control of your finances. If you feel that doesn't apply to you, I encourage you to do a lot more research on investing before you send your money somewhere - you could be taking on more risk than you realize, if you are not properly informed."}
{"_id": "58195", "title": "", "text": "I'm a sysadmin by trade. Yes there's still a lot of skeptimism towards MS, as sysadmins are much slower to change their views. But a lot of admins are well skilled in MS services. Rarely will you find an admin that hasn't managed an AD environment at least once in their life."}
{"_id": "58206", "title": "", "text": "The root cause can be said to always be a crisis in confidence.  It may be due to a very real event.  However, confidence is what pushes the markets up and worries are what bring them down."}
{"_id": "58244", "title": "", "text": "You're not talking about capitalism, you're talking about hate for the bourgeois which you refer to as parasites, thus making you the proletariat. You don't own a business, you work for one. If you wanted to create a company, you could because you have the freedom to so do, the opportunity to sacrafice (as this guy did) through discipline and determination. But you don't-- you prefer to debate religion and give people advice and make assertions on the internet.  Capitalism is an economic system that is based on private ownership of the means of production and the creation of goods or services for profit. (taken right from wikipedia).  This guy built a company from the garage of a small house, driving a 12 year old car while his friends drove new cars and enjoyed healthy salaries. Today his company has 7,000 employees and lots of revenue. Who did he exploit? It sounds like he produced a service, for profit.   So what is exploitive? The fact that his revenue and profit are larger than most? His net profit is much lower than gross profit because of already high liabilities, not only including various taxes, but as much or more in mandatory insurances, I'd wager the net profit is less than half of the gross profit. If his liability increases, there is less incentive to continue operations.   The fact is he created his business and he can do with it what he pleases."}
{"_id": "58271", "title": "", "text": "The cost for publication is US$ 25, which they accept only via money order or check. I only own a saving account in an Indian bank. India does not have International Money Order to US. If check's are fine, walk into your Branch and request for a US Dollar Banks Check. They should be able to arrange for one, there are fees associated with this. You can then mail this out to the US Organization."}
{"_id": "58278", "title": "", "text": "Most of the Walmart hate can be traced back to Unions who have been trying to get in for years, this is not about the employees. I see no evidence that Walmart has less pay/benefits than a comparable job at any other store. Also the other big box stores are not unionized either, but Walmart is the biggest so they go after them."}
{"_id": "58280", "title": "", "text": "\"You don't understand any of the issues involved, and you look like an idiot commenting on them.  Congress controls the Fed's mandate. They could change it from \"\"price stability\"\" to \"\"hyperinflation is a good idea\"\" and they'd be printing the next day.  There are many good reasons why they don't do that.\""}
{"_id": "58286", "title": "", "text": "&gt; Arguably, the dollar today is essentially backed by oil i.e. as economists say the 'petrodollar'.  This isn't really true. The exchange rate between USD and a barrel of oil floats with the market whereas it was fixed with gold.  Also by the nature of the way oil is consumed it doesn't make sense to think of it this way - gold retains state when used whereas oil is burnt up never to be seen again."}
{"_id": "58289", "title": "", "text": "\"it's a joke brah. And even if it wasn't your comment isn't a very effective argument against it. You stated your opinion, and cited \"\"books\"\". What books? What do the books argue? How to they defend their arguments? Why is Internet discourse so obnoxious?\""}
{"_id": "58290", "title": "", "text": "The original poster's concern is valid.  Sometimes, market orders do get executed at seemingly ridiculous prices. In addition to Victor's reasons for using a market order, sometimes a seller does not care how low the price is.  For example, after a company goes broke, its stock continues to trade for a while.  This allows shareholders to realize their losses for tax purposes, and allows short-sellers to close out their positions.  A shareholder who is trying to realize a 10 dollar per share loss for tax purposes probably does not care whether he gets 10 cents per share or 0.001 cents per share, so a sell-at-market order makes sense."}
{"_id": "58291", "title": "", "text": "\"What this means is this: The authors of the website claim they have calculated the cost that it will take to \"\"fully fund the Medicare, Medicare Prescription Drug Program, Social Security, Military and civil servant pensions.\"\" They claim that the government will have to spend $114T to do the things it is currently promising to do, and it hasn't set aside the money to do it. That's what is meant by an 'unfunded mandate'. Firstly I would take with a grain of salt the calculations of any website which claims the US is a kleptocracy in its title. You know they are coming to this with an agenda. Secondly this is money that the government has not actually spent. The government doesn't owe this money to anyone, and it is absolutely untrue that \"\"you are responsible along with everyone else to pay this back\"\". The worst they can claim is that the government will, one day, have to spend it - assuming that nothing else changes in that time. A government could pass a law that reduced Medicare, or raised taxes, and the 'unfunded mandate' would simply go away. Thirdly the calculation must assume a time period over which the money is spent. But the site carefully doesn't specify it. They can make the amount bigger or smaller as they choose, just by changing the time period over which it is calculated. To give an example, an unfunded mandate is a bit like enrolling in a four year college course without knowing how you are going to pay for it. You've said you are going to spend money on tuition - you may even have promised your mother you will finish the course - but you can in fact drop out if you choose and you don't owe anything for courses you haven't taken yet.  Some unfunded mandates can be legal obligations, but this isn't one. And in neither case are they money you actually owe. That's not to say that unfunded mandates are not a cause for concern - they represent a discrepancy between what a government says it will do, and what it can currently afford to do. As an illustration of how this works, you can look at either Russia ten years ago or Greece right now. All the expenditures in these ares are being cut. People are certainly angry, but there is nothing they can do to force the government to make those payments.\""}
{"_id": "58304", "title": "", "text": "I have to second what the poster said above me. The person at the dealership is outright lying to you, and I really don't know where the misconception comes from. I work in finance and specialize in credit. Credit is your ability to repay. Simple as that. To lenders, constant carrying a balance on your credit cards looks like your don't have the ability/discipline to repay your debt and will look bad in the future if you are ever trying to borrow more."}
{"_id": "58335", "title": "", "text": "I've seen a lot of people with what seems to be important titles next to their names talk about a stock market/U.S. dollar collapse or bubble burst. Is there anyone with any insight to the potential of something like this happening?"}
{"_id": "58353", "title": "", "text": "The underlying investment is usually somewhat independent of your mortgage, since it encompasses a bundle of mortgages, and not only yours. It works similarly to a fund. When, you pay off the old mortgage while re-financing, the fund receives the outstanding debt in from of cash, which can be used to buy new mortgages."}
{"_id": "58363", "title": "", "text": "Hey, to be a bit more personal, I'm in a similar situation (albeit houses near me are all like $300k for a shack).   Don't rush into a house that will make you miserable, either because it's crap, or because it'll cost you an arm and a leg and your firstborn.   It's perfectly fine to rent another year or two and build up your downpayment, credit history, and credit score."}
{"_id": "58368", "title": "", "text": "Yes, take the new rate, but instead of using the new 30 year term, calculate the payment as though the new mortgage were at the remaining term. 3 years into a 30? You calculate the payment as if the new mortgage were 27 years.  This will tell you what you are really saving. Now, take that savings and divide into your closing costs if any. That will give you the break even. Will you be in the house that long?  If you can find a no closing cost deal, it's worth it for even 1/8% savings."}
{"_id": "58390", "title": "", "text": "\"If that's your goal.   Watch the entire webinar on warren buffet books by Preston Pysh first for a good intro into stocks bonds etc:  https://m.youtube.com/watch?list=PLECECA66C0CE68B1E&amp;v=KfDB9e_cO4k  Read Dale Carnegies book \"\"How to Win Friends and Influence People\"\" in order to learn how to communicate to people effectively and create networks. The most important skill in any field you choose to go into.   Read \"\"The Everything Store\"\" for essentially an MBA in business.   Read \"\"The Intelligent Investor\"\" by Benjamin graham for a bachelors in finance.   Then take classes that get you the very best professors in the field of finance, economics, and business at your school and make sure you never stop asking questions.  Continue to develop your skills and create good saving &amp; communication habits.   And if you want great jobs, get internships. To get internships be involved in as much as you can in campus and take leadership roles (especially when you think you can't handle it) you will grow quickly as a leader and businessman if you do it right.   If reading is a bit much for you, try audiobooks.   And make sure you enjoy college and surround yourself with ambitious youngsters like yourself. It will help you grow. Enjoy school and be social, make mistakes and do whatever it takes to get a minimum 3.5 GPA (get old tests study groups easy teachers or GPA boosting classes if you need to)   Aight that's all I got haha\""}
{"_id": "58396", "title": "", "text": "\"Look lets be honest here. You want certain things and you want to force other people to provide them for you against thier will. If what you want is so awesome and good how come people don't voluntarily do it? I'll tell you why, Because they are already being robbed for an ever increasing amount of their pay and effort. The slavery portion of thier cheque is consantly increasing. Stop stealing from people and forcing them to do things against their will and they may surprise you and do things for themselves and their neighbours without being forced to.  Edit..Just because someone stole the money to pay for it for you does not make it free. The idea that anything is \"\"free\"\" is crazy leftwing bullshit.\""}
{"_id": "58406", "title": "", "text": "Actually, what he wrote was: &gt; If American is to succeed in the years ahead, it must pay wages and benefits, and operate using work rules, which produce labor costs equivalent to or \u2013 while American gets itself back on track\u00a0 \u2013 \u00a0lower than those of its major competitors. In the long run, no successful service company can offer compensation and working conditions that are materially different than those of its competitors."}
{"_id": "58413", "title": "", "text": "Like I said in my comment below, it depends on price action and potential reward.  The guys who called the housing bust too early in ~2004 paid pennies on the dollar to hold those bets for years before finally getting paid a jackpot.  If those same guys were losing 20% a year, then I'd agree. Holding for 4 years is suicidal.   At this point I feel it's too early to tell. If 2020 rolls around and we never saw a muni collapse then I'll say her overall theory was still correct, but she failed to account for variables which could save the muni market."}
{"_id": "58426", "title": "", "text": "\"Investing in an existing company is almost like buying a house, or even becoming an \"\"Angel investor\"\" in a start-up. Before you start the process, decide how much you want to be involved in the day-to-day and which industries you would feel most comfortable in.  The latter is an important consideration since you would have to know sufficient about the industry in order to evaluate the quality of your prospective investment. Searching for a suitable business is a time-consuming process: The guidance for evaluating any company has been answered in another question, so I'll simply link. Most business owners are looking to their businesses to provide them a pension, so they often look to sell around retirement age.  Buying such a business is tricky - you may be assisting the next generation to finance the purchase which can have it's own struggles. Ideally you'll be looking for a young(ish) company with proven sales and which is looking to finance growth in an optimal way.  Such a company may have many options for raising capital so you'll be competing to invest. As to whether or not it's a good idea...  KFC only became a household name and global franchise after Pete Harman joined Harland Sanders as a partner.  Richard and Maurice McDonald may have founded McDonald's but it was Ray Kroc who made it a success. New partners bring in new ideas and fresh energy which the original entrepreneurs may have lost during the difficulties of starting out. But that goes back to my first query; just how much do you want to get involved?\""}
{"_id": "58427", "title": "", "text": "We offer best scooter ramps used to load scooters into vans, utility vehicles and in min vans. We are the leaders in designing, developing and manufacturing of scooter ramps. We have been manufacturing scooter ramps from several years and currently, we are offering different types of mobility scooter ramps. We have been known to deliver scooter ramps in time."}
{"_id": "58432", "title": "", "text": "Seems like a good deal to me. You are paying less interest over the lifetime of the loan. And what I would do is take the difference between the new payments and the old, put it into a savings account each month, and when the savings account exceeds the balance of the loan pay it off."}
{"_id": "58433", "title": "", "text": "Another factor not mentioned are the rent prices in the area you are looking to live. I'd recommend buying a house of which the total monthly costs (mortgage, insurance, repairs, etc) are equal to or less than renting a house in the same area. If you can't find a property for sale that meets this requirement, you might actually be better off keep on renting, at least for a while, because you risk paying too much for your living expenses. A second point is, if possible, to buy when the mortgage interest rates are low, and then go for a mortgage with fixed interest and fixed repayments. While such a mortgage will be more more expensive than one with variable interest, and house prices are higher when mortgage rates are lower, future inflation is almost a certainty. And if your interest rate was fixed, and you are confident that you'll be able to negotiate salary raises in pace with the inflation, then inflation will gradually whittle down the rate between the mortgage payment and your income. Conversely, if interest rates are historically high, with no lowering in sight, then a variable loan might be more interesting.  And do shop around for mortgages, there are many banks out there, the competition between them is heavy, and many banks, especially the smaller banks, will often be willing to give you a mortgage at better conditions than their competitors."}
{"_id": "58451", "title": "", "text": "\"The graphing tools within Yahoo offer a decent level of adjustment. You can easily choose start and end years, and 2 or more symbols to compare.  I caution you. From Jan 1980 through Dec 2011, the S&P would have grown $1 to $29.02, (See Moneychimp) but, the index went up from 107.94 to 1257.60, growing a dollar to only $11.65. The index, and therefore the charts, do not include dividends. So long term analysis will yield false results if this isn't accounted for.  EDIT  - From the type of question this is, I'd suggest you might be interested in a book titled \"\"Stock Market Logic.\"\" If memory serves me, it offered up patterns like you suggest, seasonal, relations to Presidential cycle, etc. I don't judge these approaches, I just recall this book exists from seeing it about 20 years back.\""}
{"_id": "58460", "title": "", "text": "\"tl;dr:  Sears is failing because the CEO is running the company into the ground for personal profit.  There have been many, many articles written on the issue.  The CEO is having the stores sell their property, at a discount, to one of his other companies, then having the stores pay rent.  Except boutique stores actually pay more money than Sears does.  So whenever a store closes, his other company can rent the space out for almost double.  Oh, and he encouraged a corporate culture where the department heads use those screen protectors hospitals use to keep each other from spying on their laptops during meetings.  The way IT works, some departments actually contract out to a 3rd party rather than going through corporate, since it's cheaper.  Yes, departments individually have an IT budget, and are required to have their own \"\"Contract\"\" to use in house IT.  It's so bad that, many employees say they are explicitly barred from helping another department.  So, customers feel snubbed and end up balking because there's no one to help them, or to run the register.  That's the power of a bad CEO that the board refuses to fire.\""}
{"_id": "58466", "title": "", "text": "My grace period is up in a few months, and I am not looking forward to it. I got the minimum federal aid possible for all 4 years, so I had to turn to private loans and whatever I could make over summers and what my parents could help me with. Ended up with $50k in debt, about 20k of it being with Sallie Mae. I can confirm they are bad on the collection side already. Just happened to miss a payment during school (paid off interest every month for the last 4 years), and they called me 3 times during class, sent an email, letter, and called my bilogical dad who cosigned for the loan. I can only imagine what they are like for people defaulting.   All comes down to it though, have a plan when borrowing money for school. I knew my parents would only be able to help me out a little bit, and  I got minimum federal aid (as in just loans) because my step father had assets that counted against me (and he told me I was on my own). So I had to figure out how to not be screwed from the beginning. I paid off my interest every month while working during school, and made sure to work hard to graduate with a good job. I can't imagine how some students feel when they graduate with nothing."}
{"_id": "58474", "title": "", "text": "Well, Roku seems to be what is getting imbedded into TVs and even SlingTV offers a free Roku with a 2 month prepay. It seems they are doing a good job of getting it out there and getting eyes on their adds over an Amazon or Chromecast."}
{"_id": "58476", "title": "", "text": "lol it's a dying job my man. But if you think about it, an algo is basically a formalized array of someone's personal judgement and trading patters connected to direct market access. I was just lucky to fill a junior role in a shop run by guys who have seen 30 year bonds they invested reach maturity. But yeah, theyre not gonna hire a freshie who doesn't know basic market mechanics, asset valuations, etc.   It's just harder now to get gigs like this because the industry has shrunk so much and the role of a trader has shifted much faster to automation than many expected."}
{"_id": "58500", "title": "", "text": "Problem is that in California it's up to the lawyer to prove that the employee is lying. So if an employer is sloppy as was probably the case here the employees can say whatever the fuck they want to say and it's considered the truth until proven otherwise.  Just writing down all the hours you supposedly worked the night before reporting it to the labor board is sufficient.  Had an employee once that lied their ass off. Overwhelmingly proved they were lying. Still had to pay legal fees in the thousands of dollars (while they get everything free). And they can continue to do this as many times as they want for up to three years after their termination as long as each time it's a different complaint (in theory someone bored and persistent enough could bankrupt a small business this way with no and I mean no recourse whatsoever)   Fuck California."}
{"_id": "58507", "title": "", "text": "Just like many other industries, entertainment is becoming a commodity of convenience which means that it also is getting far less profit margin. It won't die, but the money that keeps the big named companies in the black is slowly petering out. They are going to fight this tooth and nail just as past companies in other industries that have paved the same path have tried. Any sense of success on their part only makes their fall much harder down the road. We are moving into a world where entertainment is more plentiful and cheap, but the cost will be that we see fewer big budget offerings."}
{"_id": "58509", "title": "", "text": "Why is it that we, as a society, are wishing, even dreaming that house prices can return to where they once were? It seems so obvious that we play in semi false statistics so we can believe what we simply want to. Who benefits the most from high real estate, is it the banks, home sellers, agents of the industry or perhaps home buyers? Who is more important to a flowing economy the home seller or buyer? Obviously both sides need each others value, so who wins, seems like the bank? Im starting to deeply see how our news and media is blindly dividing our generations while still ignoring the real truths. Depending which way your perspective leans, is it really baby boomers vs the millennials? Heres my sincere question whats good for ALL age groups?"}
{"_id": "58511", "title": "", "text": "\"I have 2 PayPal accounts for this purpose (with different email addresses). The first account is tied to my real email address, and has my real name, phone and home address associated with it. This account is also connected to my bank account and credit cards. For riskier transactions where I don't need physical delivery (or will accept delivery to my local post-office in cases where I don't trust the seller with my personal details) I use my secondary account, which has a secondary email address of mine, and a fake name and with a fake address, it is not connected to any external accounts. To send or receive money \"\"anonymously\"\" I first send money from my real account to my fake account (inter-account transfers are free with PayPal), and then send the money to the seller from the fake account. This is in violation of PayPal's terms of service, but I've been using this system for the past 5+ years without any issues.\""}
{"_id": "58525", "title": "", "text": "Just playing devil's avocado here, but if you can't stop smoking weed long enough to find a job then it's really your problem. Almost every job I've applied to has had a drug test, including office jobs. If you can't lay off the devil's lettuce for 2 goddamn weeks and maybe drink some fucking water then what do you expect?              This is coming from a chronic weed smoker."}
{"_id": "58552", "title": "", "text": "Yep, worked in same kind of company. I have seen great people getting fired, when I could see them performing great with better guidance, or working in a different department. Instead they would put them on performance plan with unreachable targets. A guy I knew hit his targets while on perf plan, still the manager found some bullshit excuse to get rid of him. I ended leaving in the end as I saw it coming."}
{"_id": "58553", "title": "", "text": "There may be more, but a good starting point would be the ecoENERGY Retrofit Grants and Incentives.  Natural Resources Canada's ecoENERGY Retrofit program provides financial support to implement energy-saving projects. There are different application processes for homes, commercial and institutional buildings and industrial facilities. Together we can reduce energy-related greenhouse gases and air pollution, leading to a cleaner environment for Canada. Also, there was a temporary home renovation tax credit about a year back, but that no longer exists and nothing has replaced it yet."}
{"_id": "58556", "title": "", "text": "\"It's anonymous/automated. They don't know who you are, just that customer x1a bought y. If your name isnt given to employees \"\"your\"\" privacy isnt being volated because the dont know its \"\"you.\"\"  I imagine the government justifies their intrusions on our digital privacy the same way.\""}
{"_id": "58565", "title": "", "text": "I think you're over complicating it! There is the market maker in the pure sense as what chilldontkill said - a bookie, a middleman. They are just the brokers in between the buyers and sellers, and they simply make profit off of the spread differential.  But market maker is also used to refer to large, high volume buyers and sellers that can influence the price because they control a larger % of volume. These only really exist on low volume products, and they slowly ween out the larger the volume. On higher volume products, I like to refer to them as institutions - that is, well informed, large pockets - whether is be central banks, clearing houses, hedge funds, boutique firms. These are the people who are generally in the know and they often bet against eachother.hope this helps ..."}
{"_id": "58580", "title": "", "text": "I didn't. If I did buy a product made by exploited labor, that doesn't make exploited labor any less bad. There's no reason we should continue to do something that we universally agree is bad. Let's, ya know, strive to exploit less."}
{"_id": "58585", "title": "", "text": "I am in the same boat as you right now, I have about a year experience working for a financial advisor but even then it is not relevant enough for being an analyst.  I have put in over 120 apps over the past month and a half to any position that I meet 90% of requirements. The only thing I don't have is years of experience. I know how to code VBA, and how to build financial models but alas, I am looked over.  I have also been trying to network like crazy and just accepted to do a temp job working for a bank as a loan analyst and hopefully that will pan out into something better.  Many jobs want experiences with SAP and SQL, and I don't have either of those either, and there is no where to get experience because no junior analyst positions will take me without enough experience.  I turned down a banking internship because I did not want to take out loans for college, and now I am thinking I made the wrong choice. Hopefully some one will pick us up and catch us up to speed soon!  What area are you living in? I am in the Chicago area and I see new postings every day.  Also are you going to every job board? Career-builder, Monster, Indeed, LinkedIn, Craigslist? I have also hooked up with a few recruiting firms, they are the ones who got me the temp job. If you are in the Chicago area I will recommend a few for you to look into and a couple to stay away from.  Good luck on your search! I know you need it, because I need it too..."}
{"_id": "58588", "title": "", "text": "Hold onto that money, put it in savings. With such a change in the US government, who knows what will happen - and if things start to go sideways, having savings - so that you can continue paying your mortgage, and thus keep your house - is going to help you more than being able to throw more money at your mortgage principle. (Unless you can pay it off totally. Then do that.) I would build more of an emergency fund (2 years, just to be on the safe side), THEN see what other things are going on in your life, and what's going to be more advantageous for you. (That's a nice low interest rate. Not many other loans these days are going to have an interest rate that low.)"}
{"_id": "58590", "title": "", "text": "Inflation is an increase in the money supply.  Increases in consumer prices follow from inflation.  It's not the same as inflation. Some inflation is necessary for a growing economy.  If your gross national product is only $1,000, then you can get away with having less money than if your gross national product is $1 trillion. Inflation beyond this, though, is used to allow governments to live beyond their means.  If there is more money chasing the same amount of goods, prices will rise.  There is truth in what azcoastal says about this kind of inflation.  It's theft. Governments like inflation because it allows them to pay off their debts with cheaper money."}
{"_id": "58597", "title": "", "text": "Ok but if there's no money and nobody willing to lend, how are those payments made?   It's fine and dandy to have the theoretical obligation and willingness, but I'm wondering what happens when there's simply no more capability to borrow more.  Edit: Funny you say that, I'm moving in!"}
{"_id": "58599", "title": "", "text": "\"Uh, you want to lease a car through a dealer? That is the worst possible way to obtain a car. Dealers love leases because it allows them to sell a car for an unnegotiated price and to hide additional fees. It's the most profitable kind of sale for them. The best option would be to buy a used car off of Craigslist or eBay, then sell it again the same way when you leave. If you sell the car for what you paid, then you get the car for a year for free. If you are determined to go through with the expensive, risky and annoying plan of leasing a car, then you should use a leasing agent. I recommend reading some car buying guides before going out into the wilderness with the tigers and bears. Comment on Leasing Tricks Don't get tricked by the \"\"interest rate\"\" game. The whole interest thing is just a distraction to trick you into think you are getting some kind of reasonable deal. The leasing company makes most of their money from fees. For example, if you get into an accident it is a big payday for them. The average person thinks they will never get into an accident, but the reality is that most people get into an accident sooner or later. They also collect big penalties for \"\"maintenance failures\"\". Forget to change the oil? BOOM! money. Forget to comply with manufacture recall? BOOM! more money. Forget to do the annual service? BOOM! more money. Scratch the car? BOOM! more money. The original car mats are missing? BOOM! you just paid $400 for a set of mats that cost the leasing company $25 bucks. The leasing company is counting on the fact that 99% of people will not maintain the car correctly or will damage it in some way. They also usually have all kinds of other bogus fees, so-called \"\"walk-away fees\"\", \"\"disposition fees\"\", \"\"initiation fees\"\". Whatever they think they can get away with. The whole system is calculated to screw you.\""}
{"_id": "58611", "title": "", "text": "Can I still use the old EIN from partnership times for the new sole proprietorship? Or should I apply for a new EIN? You cannot use the same EIN. Unless you have employees, you should use your SSN for the sole proprietorship. If you have employees - you should get a new EIN (if you don't have one already for yourself as a sole proprietor - you can only have one). Can I actually start to use my SSN in this situation for the sole proprietorship? In this particular case, not only you can - you should."}
{"_id": "58614", "title": "", "text": "This link might help determining if American Express is willing to offer a card in the UK. I did it the other way around when moving from the UK to the US and getting a US card was pretty painless; I also didn't have to close the UK card, although I'm probably going to do that fairly soon. You will need a UK bank account so your employer can pay you; If it is a big enough employer their HR department might have deals with a local bank; a smaller employer might simply be able to refer you to their bank to help you open an account there. My first bank account in the UK after moving over there from Germany was with HSBC (then Midland Bank) - HSBC seems to be pretty open towards customers moving to the UK. Plus, they're pretty much everywhere. If you're planning to come back to the US and especially if you have any US-based ongoing expenses, I'd keep at least one bank account in the US open (but keep an eye on it)."}
{"_id": "58648", "title": "", "text": "Chinese culture is one of the ancient cultures of the word. Mandarin is the main language of this culture. If you want to know about china then you have knowledge about mandarin. To become the master of mandarin you need an excellent learning school. Sprachschule Nihao gives you the opportunity to become the master of mandarin."}
{"_id": "58652", "title": "", "text": "It isn't that good for EU banks either, but ultimately, it will be easier for them. The splitting of entities will be a common problem and not just in banking. However there can be no joint organisations without a joint regulatory mechanism and the British government have rejected that."}
{"_id": "58664", "title": "", "text": "Yes. It is a scam. The story makes no sense. They just want your info to steal your money. regarding requests to know how it works:  the scammer is requesting:  username, password, routing number, checking account number, and   security question/answers. they now have access to your bank account. they will have access until you are able to shut it down. Once they have your password, they can change it to whatever they want.  it can be used to launder money, steal money from other accounts you have, proof of identity..."}
{"_id": "58672", "title": "", "text": "Engagement rings shops are an incredible blessing to present to ladies on any event other than engagements and matrimonial services. Presenting a design ring, upon a friend or family member, a dear companion, your mom, sister is a magnificent thought."}
{"_id": "58674", "title": "", "text": "https://www.socialyup.com/buy-facebook-poll-votes : If you want to get the instant success in the Business contest then get real Facebook poll votes from this site at the cost reliable price. This way you will get the maximum number of votes on your post that will help you to win this online Facebook contest."}
{"_id": "58678", "title": "", "text": "of course! Currently I am running a digital media company based in Bangkok, we produce a wide array of content, some for web distribution some that is targeted for traditional distribution. I also have equity in a number of tech startups around Asia, everything from e-commerce to smart home to big data. I also recently exited a quantified self company I had built with several co-founders."}
{"_id": "58683", "title": "", "text": "From Schwab With a Roth, withdrawals of contributions are always tax-free because   you've already paid income taxes on that money. So are withdrawals of   earnings of up to $10,000 under the homebuyer exemption, assuming   you've had the Roth for five-plus years. But if you withdraw more than   $10,000 in earnings, that money will be subject to both ordinary   income taxes and the 10 percent penalty."}
{"_id": "58686", "title": "", "text": "That's the problem with IPOs. Professionals are very bad at valuing companies, particularly prospectively. That's Daniel Kahneman's whole point about how no one beats the market. Yet, we expect the same types of professionals who can't beat the market to set the price for the market."}
{"_id": "58690", "title": "", "text": "\"The problem with daily-rebalanced \"\"inverse\"\" or \"\"leveraged\"\" ETFs is that since they rebalance every day, you can lose money even if your guess as to the market's direction is correct. Quoting from FINRA'S guide as to why these are a bad idea: How can this apparent breakdown between longer term index returns and ETF returns happen? Here\u2019s a hypothetical example: let\u2019s say that on Day 1, an index starts with a value of 100 and a leveraged ETF that seeks to double the return of the index starts at $100. If the index drops by 10 points on Day 1, it has a 10 percent loss and a resulting value of 90. Assuming it achieved its stated objective, the leveraged ETF would therefore drop 20 percent on that day and have an ending value of $80. On Day 2, if the index rises 10 percent, the index value increases to 99. For the ETF, its value for Day 2 would rise by 20 percent, which means the ETF would have a value of $96. On both days, the leveraged ETF did exactly what it was supposed to do\u2014it produced daily returns that were two times the daily index returns. But let\u2019s look at the results over the 2 day period: the index lost 1 percent (it fell from 100 to 99) while the 2x leveraged ETF lost 4 percent (it fell from $100 to $96). That means that over the two day period, the ETF's negative returns were 4 times as much as the two-day return of the index instead of 2 times the return. That example is for \"\"just\"\" leveraging 2x in the same direction. Inverse funds have the same kind of issue. An example from Bogleheads Wiki page on these kinds of funds says that over 12/31/2007 to 12/31/2010, The funds do exactly what they say on any given day. But any losses get \"\"locked in\"\" each day. While normally a 50% loss needs a 100% gain to get back to a starting point, a fund like this needs more than a 100% gain to get back to its starting point. The result of these funds across multiple days doesn't match the index it's matching over those several days, and you won't make money over the long term. Do look at the further examples at the links I've referenced above, or do your own research into the performance of these funds during time periods both when the market is going up and going down. Also refer to these related and/or duplicate questions:\""}
{"_id": "58696", "title": "", "text": "Every guess you made is incorrect I'm living fairly well for a 25 year old with a kid on the way. Have my own house my own car 0 debt and work my ass off to keep it that way. I grew up in a poor family and know how to work hard for what I want and believe taxation to be theft and don't like the idea of theft. Also a housing bubble popping can and will ruin an economy ie 2008. Please do yourself and the world a favor and stop looking at everything from your statist liberal glass. Go take a look at switzerland and their economy and tell me how well they are doing with the 4th freest market in the world and more personal freedom than any other European country. No I don't think liberal policies are holding me back I think government holds me back, all of it. This country was founded on freedom and had the smallest government in world history that has now become the largest in world history. Lastly I don't know much about the Kansas situation but what I do know from the limited exposure to the situation is that these tax cuts were followed by spending increases (however minimal) every year. You can't cut revenue and increase spending and expect good things to happen because they dont."}
{"_id": "58697", "title": "", "text": "\"lol!  You've seen this army, have you?  I have.  The *Bureau* of Labor Statistics is in the DOL building, right off of the Mall.  It's a square city block, four stories tall, mostly full of bureaucrats who professionally avoid making decisions.  The Bureau of Labor Statistics is an office on the second floor with about twenty overworked people in it, who compile and massage reports that they require industry groups to submit at regular intervals.  Twenty people is hardly an army, and they do *absolutely zero* legwork of their own.  \"\"Correct for it\"\" my ass.    The more you learn about how the sausage is made, the less interested you are in buying any of it.\""}
{"_id": "58713", "title": "", "text": "The bag's style should be something traditional so it won't go out of fashion. At our company website, you can get different designs bags at affordable price. Today clutch bag is very popular. If you want to get multilateral and durable clutch bag you can pick a leather bag. These bags pick one that is a big enough space to accommodate your important things yet small enough to fit and comfort in your hands."}
{"_id": "58720", "title": "", "text": "\"This article is so maddening. Near the end when they're talking about the ethics guy and retroactively recusing himself I just couldn't take it anymore.  In fairness, I don't really blame Icahn, or even Trump. In a way this stuff has been boiling up over the last 20 years as the country has adopted this Ayn Rand style of wealth sycophantism/worship. The bailout and Trump are just the epitome of it and his goals and ethics are exactly as advertised. When this is what your society values this is what we get.   I hope we vote in a democratic senate just so at least a tiny bit of justice will hit these self serving assholes. It's one thing for Icahn to do the \"\"greed is good\"\" thing but another to blatantly lie to everyone (including himself) that he is being anything other than greedy. Helping minority owned refineries? Good lord.\""}
{"_id": "58741", "title": "", "text": "Many big companies self insure. They pay the insurance company to manage the claims, and to have access to their network of doctors, hospitals, specialists, and pharmacies; but cover the costs on a shared basis with the employees. Medium sized companies use one of the standard group policies. Small companies either have expensive policies because they are a small group, or they have to join with other small companies through an association to create a larger group. The bigger the group the less impact each individual person has on the group cost. The insurance companies reprice their policies each year based on the expected demographics of the groups, the negotiated rates with the network of providers, the required level of coverage, and the actual usage of the group from the previo year.. If the insurance company does a poor job of estimating the performance of the group, it hits their profits; which will cause them to raise their rates the next year which can impact the number of companies that use them. Some provisions of the new health care laws in the US govern portability of insurance regarding preexisting conditions, minimum coverage levels, and the elimination of many lifetime cap. Prior to these changes the switching of employers while very sick could have a devastating impact on the finances of the family. The lifetime cap could make it hard to cover the person if they had very expensive illnesses.  If the illness doesn't impact your ability to work, there is no need to discuss it during the interview process. It won't need to be discussed except while coordinating care during the transition. There is one big issue though. If the old company uses Aetna, and the new company doesn't then you might have to switch doctors, or hospitals; or go out-of-network at a potentially even bigger cost to you."}
{"_id": "58753", "title": "", "text": "If you have self control and a good handle on your finances, which it sounds like - I suggest the following: Note: #3 is important - if you're not able to pay it off each month don't do this because it will cost you a lot in interest. Make sure to check how interest is calculated in case you don't pay it off in full or miss the due date for a month. If you can do this you'll earn some good benefits from the card using money that you're going to spend anyway, as well as build your credit profile. Regarding annual fees -"}
{"_id": "58759", "title": "", "text": "Yea, I answer this question phrased differently like 2-5 times per week on here or in financial careers. I don't mind it and none of the people asking know any better, but it might be easier to have some generic answer for the internship advice."}
{"_id": "58774", "title": "", "text": "\"My parents and I were suckered into buying this kind of thing when I was in high school. The sales people literally told us that it could be used to pay off student loans - they left out the \"\"in the event of your death\"\" part. We knew it was a life insurance policy, but were told that it would \"\"mature\"\" 6 months after graduation from college, and that it would then be disbursed to pay off loans, even if I didn't die. That seemed strange to us, so we explicitly asked several different ways whether it would pay off the loans after graduation, even if I lived, and they just straight up told us, \"\"Yes.\"\" I'm guessing this ploy is still being used. Also, last I checked, student loans are non-transferable in the unfortunate event that your child dies - which means the loan is forgiven anyway - so this whole thing seems like garbage to me, at least in the student loan sense. I would steer clear from this stuff - it's pure snake oil in my experience.\""}
{"_id": "58785", "title": "", "text": "If you have a mortgage backed by FHA, Fannie, or Freddie I would hold off.  There is talk of a new plan that would allow refi's on mortages that were underwater.  I would expect rates to stay about the same for the forseeable future.  Take that money you would spend each month on the personal loan and stick it into your mortgage payment to bring down your debt on it.  Your home may be underwater on paper but once the economy comes back, or hyperinflation sets in (one of the 2 will happen) you will have equity in your home again soon after."}
{"_id": "58796", "title": "", "text": "&gt; The biggest value driver we identified were staff costs. If Amazon implements their Amazon Go technology in Whole Foods' stores(which I assume is their current plan) they would be able to cut a large chunk of staff costs reducing COGS significantly.  Oh good."}
{"_id": "58851", "title": "", "text": "&gt;u telling me there were that much savings and reserve in the system?  Yes. You're telling me there wasn't? The loans were bundled and *sold to investors* to get more capital to loan. It was not magically created as you seem to think.  [There were about $4trillion saved in the US at the time](http://research.stlouisfed.org/fred2/series/WSAVNS). The mortgages were sold all over the world, where there is easily more trillions of savings and reserve.   You still have not addressed M2 being around 10x M1. You keep floundering but not addressing anything of substance."}
{"_id": "58855", "title": "", "text": "\"Be careful that pride is not getting in the way of making a good decision.  As it stands now what difference does it make to have 200K worth of debt and a 200K house or 225K of debt and a 250K house?  Sure you would have a 25K higher net worth, but is that really important?  Some may even argue that such an increase is not real as equity in primary residence might not be a good indication of wealth. While there is nothing wrong with sitting down with a banker, most are likely to see your scheme as dubious.  Home improvements rarely have a 100% ROI and almost never have a 200% ROI, I'd say you'd be pretty lucky to get a 65% ROI. That is not to say they will deny you.  The banks are in the business of lending money, and have the goal of taking as much of your hard earned paycheck as possible.  They are always looking to \"\"sheer the sheep\"\". Why not take a more systematic approach to improving your home?  Save up and pay cash as these don't seem to cause significant discomfort.  With that size budget and some elbow grease you can probably get these all done in three years. So in three years you'll have about 192K in debt and a home worth 250K or more.\""}
{"_id": "58859", "title": "", "text": "\"Most people can't see trends and trajectories. Who knows why, but only few can and they write articles like this and we laugh at them. Or they come up with slogans like \"\"This changes everything\"\" and again, we laugh at them. You can see \"\"This changes everything. Again.\"\" used and abused all over the internet every day.  But let's take a look at this particular meme. When iPhone came out just five years ago, Apple was making computers for 5% of the world market and was totally irrelevant for 95% of the market, Microsoft was making an OS for other companies' hardware and Google was just a search engine. Motorola, Nokia and RIM were the biggest phone manufactures.  Well, damn! Five years later - everything has changed - like it or not.  EDIT: se -&gt; see\""}
{"_id": "58864", "title": "", "text": "There usually would be a SEC investigation if this kind of behavior is noticed. One thing that bothers me about this article is that, in the midst of all the fear mongering, the author doesn't mention that quote stuffing is designed to screw over *other HFT algorithms* and doesn't have any real impact on investors. Firms doing HFT frequently report this stuff to the SEC; for all we know, Goldman already did."}
{"_id": "58865", "title": "", "text": "Seconding @petebelford's comment: if you are looking to save money, considerr taking the middleman out of the equation and buying directly from a car's previous owner. Even after paying a mechanic to inspect it for you, this is likely to be cheaper."}
{"_id": "58866", "title": "", "text": "Of course it's more difficult to grow profits now after they've been having record profits. It's hard to beat the record. Their strategies have been cut salaries in exchange for lowering costs and making higher profits. But when EVERY company cuts salaries, who is left with enough disposable income to buy the products?"}
{"_id": "58875", "title": "", "text": "\"Yes, this is possible with some companies. When you buy shares of stock through a stock broker, the shares are kept in \"\"street name.\"\"  That means that the shares are registered to the broker, not to you.  That makes it easy to sell the stock later.  The stock broker keeps track of who actually owns which shares.  The system works well, and there are legal protections in place to protect the investors' assets. You can request that your broker change the stock to your name and request a certificate from the company.  However, companies are no longer required to do this, and some won't.  Your broker will charge you a fee for this service. Alternatively, if you really only want one share for decoration, there are companies that specialize in selling shares of stock with certificates.  Two of them are giveashare.com and uniquestockgift.com, which offer one real share of stock with a stock certificate in certain popular companies.  (Note: I have no experience with either one.)  Some companies no longer issue new stock certificates; for those, these services sell you a replica stock certificate along with a real share of electronic stock.  (This is now the case for Disney and Apple.) With your stock certificate, you are an actual official stockholder, entitled to dividends and a vote at the shareholder meeting. If this is strictly an investment for you, consider the advantages of street name shares: As to your question on buying stock directly from a company and bypassing a broker altogether, see Can I buy stocks directly from a public company?\""}
{"_id": "58877", "title": "", "text": "What is your goal? I would, under most circumstances, not recommend the Masters. I did it because I studied engineering in undergrad but wanted to transition to finance right away. The reality is that a good undergrad will give you most of the tools you need for success in a junior finance role. The critical piece is networking with professionals and working in the markets to elevate your stance before graduation. I am not an advocate for a lot of investment in education as the payback is less than most alternatives (IB analyst training, CFA, internships, etc.)"}
{"_id": "58882", "title": "", "text": "\"Each candlestick in a candlestick chart represents the open, close, high and low for a period of time. If you are looking at a daily chart it represents the open price, close price, high price and low price for that day. If you are looking at an hourly chart, then a single candlestick represents the open, close, high and low prices for an hour. If looking at a weekly chart, then a single candlestick will represent the opening price on Monday morning, the closing price on Friday afternoon, and the highest and lowest price for that week. The diagram below represents the two main types of candle sticks.  When the price closes higher than they open for the period of the candlestick it is called a bullish candle and the main body is usually represented in green. When the price closes lower than they open for the period of the candlestick it is called a bearish candle and the main body is usually represented in red. In a bullish candle with a large real body and small shadows or wicks, where prices open near the low of the period and close near the top of the period, it represents a very bullish period (especially if volume is high). An example of this situation could be when good news is released to the market and most market participants want to buy the shares driving prices higher during the period. An example of a bullish candle with a small real body and a large upper shadow or wick could be when market participants start buying early during the period, then some negative news comes out or prices reach a major resistance level, then prices drop from their highs but still close higher than the open. The large upper shadow represents some indecision in prices moving higher. In a bearish candle with a large real body and small shadows or wicks, where prices open near the high of the period and close near the low of the period, it represents a very bearish period (especially if volume is high). An example of this situation could be when bad news is released to the market and most market participants want to sell the shares driving prices lower during the period. An example of a bearish candle with a small real body and a large lower shadow or wick could be when market participants start selling early during the period, then some positive news comes out or prices reach a major support level, then prices move up from their lows but still close lower than the open. The large lower shadow represents some indecision in prices moving lower. These are just some examples of what can be derived from looking at candlestick charts. There are plenty more and too much to include in this answer.  Another type of candle is the Doji, represented in the diagram below.  The Doji Candle represents indecision in the market. Prices open then move up to the high of the period then start falling past the open before reversing again and closing either at the open or very close to the open. The market participants can't decide whether the price should move up or down, so prices end up closing very close to where they opened. A doji Candle close to a market high or low could represent a turning point in the short term trend and could mean that over the next period or two prices could reverse and go in the opposite direction. There are many more definitions for candlestick charts, and I would recommend an introductory book on candlestick charting, like one from the \"\"Dummies\"\" series. The main things to keep in mind as a beginner it that a strong bullish candle with small shadows and large real body could represent further price movement upwards, a strong bearish candle with small shadows and large real body could represent further movement downwards, and any candle with large shadows could represent indecision and a reversal from the direction of the large shadow.\""}
{"_id": "58884", "title": "", "text": "Via PM:  &gt;FYI, I wasn't trolling. If you're going to be running your mouth about an involved, complex, controversial topic, I'd like you to be informed about it. You're obviously not, which isn't a bad thing -- why would you be? If you ever have any questions about electronic trading, I'll be happy to help.  Look, chief. You're clearly butthurt that this marginally legal gravy train of free money will likely come to an end soon. But patronizing me isn't going to take that butthurt away. Feel free to have the last word, but please stay out of my PM inbox. Take care."}
{"_id": "58906", "title": "", "text": "\"I can say from personal experience that, as an employee, I would prefer a system like this for determining pay scale. I had a situation happen to me that was similar to the Yak driver analogy in the article: I had been at a software company for a little while, and they were always hiring with a chronic shortage of talent. Finally they hired some new guys, but still had open positions. One of the new guys who came on was making a full $15k more in salary than me, for doing the exact same job-- and no, he wasn't a lead, Sr., or anything like that. No matter how I tried to not let this get to me, it was hard not to let it affect my morale, and I finally ended up leaving the company.   So yeah, I'm sure guys like Ntang would say it's my fault for not negotiating a better salary, but since that's impossible (due to the bureaucracy) in most jobs, the fact is that the best way to \"\"negotiate a better salary\"\" is usually to just look elsewhere.\""}
{"_id": "58907", "title": "", "text": "As someone who works in the industry, it's because they all are on the same side of the trade doing the same thing investing based off the same data and when that data is wrong getting caught on the wrong side for a 10 to 15% move at which point they all bail together.  Lemming mentality.  It's the simplest way to understand why they are doing so bad."}
{"_id": "58937", "title": "", "text": "In general  What does this mean? Assume 10 holidays and 2 weeks of vacation. So you will report to the office for 240 days (48 weeks * 5 days a week).  If you are a w2 they will pay you for 260 days (52 weeks * 5 days a week). At $48 per hour you will be paid: 260*8*48 or $99,840. As a 1099 you will be paid 240*8*50 or 96,000. But you still have to cover insurance, the extra part of social security, and your retirement through an IRA. A rule of thumb I have seen with government contracting is that If the employee thinks that they make X,000 per year the company has to bill X/hour to pay for wages, benefits, overhead and profit. If the employee thinks they make x/hour the company has to bill at 2X/hour. When does a small spread make sense: The insurance is covered by another source, your spouse; or government/military retirement program.  Still $2 per hour won't cover the 6.2%  for social security. Let alone the other benefits. The IRS has a checklist to make sure that a 1099 is really a 1099, not just a way for the employer to shift the costs onto the individual."}
{"_id": "58939", "title": "", "text": "The general advice seems to be to sell online. But my issue here is that, a large amount of stock would likely come from Etsy creators - Why would a customer choose my online store to buy an item when they could buy the exact same item directly from the creator for \u00a3x cheaper?"}
{"_id": "58964", "title": "", "text": "From the IRS: You do not include in your gross income qualified distributions or distributions that are a return of your regular contributions from your Roth IRA(s). It's not just that the particular money you take from the IRA isn't taxable.  It's not counted as part of your income at all, so it won't have any effect on the taxation of other income."}
{"_id": "58986", "title": "", "text": "And so when the dust settled, it turned out that the US forces killed and maimed more people than the Taliban.  So we created some more people with nothing to lose and now define themselves by their hatred of us.  Good job"}
{"_id": "58987", "title": "", "text": "Is this due to the delay?  Yes, but the delay is caused by your broker and its affiliates.  Trailing Stop Order is not exchange native, meaning that the broker is responsible for keeping track of whether the stop price has been reached, and the broker is responsible for sending the subsequent Market Order to the exchange.  For certain exchange, even Stop Order or Stop Limit Order is not exchange native.  Is it common to be so different? No, only in times of extreme volatility."}
{"_id": "59000", "title": "", "text": "Tax Shield would be known as: A tax shield is a reduction in taxable income for an individual or   corporation achieved through claiming allowable deductions such as   mortgage interest, medical expenses, charitable donations,   amortization and depreciation. These deductions reduce a taxpayer's   taxable income for a given year or defer income taxes into future   years. Tax shields lower the overall amount of taxes owed by an   individual taxpayer or a business. I know of various real estate investors that will use depreciation as noted above to reduce their tax liability though others can use other deductions. Fortune has this on Buffett's taxes in 2015: Here\u2019s the breakdown of Buffett\u2019s income taxes for 2015, according to   the statement:"}
{"_id": "59023", "title": "", "text": "\"According to an article on Bankrate.com from 2011, yes, it can hurt your credit: With individual liability accounts, the employee holds all responsibility for the charges, even if the company pays the issuer directly. Joint liability means the company and employee share the responsibility for payments, says Mahendra Gupta, author of the RPMG survey. In both cases, if the card isn't paid and the account becomes delinquent, it will pop up on the employee's credit report and dent his or her credit score, says Barry Paperno, consumer affairs manager at myFICO.com. It doesn't matter if the company was supposed to make the payment; the repercussions fall on the employee. \"\"It will impact your score no differently than if you were late on one of your own accounts,\"\" Paperno says. Usually, with corporate credit cards, the employee is liable along with the employer for charges on the card.  The intent is to provide the employee with an incentive not to misuse the card.  However, this can be a problem if your company is late in paying bills. In the distant past, I had a corporate credit card.  I was not supposed to have to pay the bill, but I did receive a bill in the mail every month.  And occasionally, the payment was late.  In my case, these late payments never showed up on my credit report.  I can't remember now whether or not this card was reported on my credit report at all.  And I remember being told when I got the card that I was jointly responsible for the card with the company. However, your experience may be different.  Do the on-time payments show up on your credit report?  If so, that may be an indication that a late payment might appear.\""}
{"_id": "59029", "title": "", "text": "As an alternative to investing you'll find at least some banks eg. Rakuten that will give you preferential interest rates(still 0.1% though) just for opening a free brokering account. As this is still your individual savings account your money is as safe as it was before opening your account. I certainly wouldn't buy to hold any stock or fund that is linked to the Nikkei right now. Income stocks outside of the 225 may be safer, but you'd still need to buy enough of them that their individual results don't affect your bottom line."}
{"_id": "59035", "title": "", "text": "That's effectively borrowing on margin from the government. You too can borrow on margin, just not from the government.  It is true that the government perverts the finance system through. I would imagine it would be very hard to play basketball too, if the ref didn't play basketball."}
{"_id": "59036", "title": "", "text": "\"&gt; Except you don't understand how things actually work. You only understand what's going on at your level and below you. You don't understand what's going on above you or how the system actually works as a whole. This stems from your economic ignorance  See what you just typed there? It means absolutely nothing because you haven't even attempted to refute anything I've said. Feel free to explain my \"\"economic ignorance\"\". Until then I guess you can just shut the fuck up.\""}
{"_id": "59044", "title": "", "text": "Wow, why so defensive?  I'm a bit confused as to what you are arguing exactly. In the first part of your post it seems like you are saying ideas can't have intrinsic value, only physical things. I disagree.  Your second argument seems to be that Bitcoin isn't special. It's just one of many possible implementations of the blockchain idea. You do seem to believe that a blockchain can be valuable though, correct?"}
{"_id": "59070", "title": "", "text": "Beauty Locks Hair Salon is from one of the popular hair salons in South Florida that offers a wide range of quality hair extension services for every type of hair at the best price. Call us at (954) 884-0054 for more info! 20% off Blow dry at every Wednesday!"}
{"_id": "59074", "title": "", "text": "The companies specialize in offsite construction and offer everything from design to building the entire structure off site. One of the main benefits of offsite construction is that there will be no obstruction to your current workflow. All the construction work will be done offsite in the factory and you will not have to bear anything except the agreed cost"}
{"_id": "59075", "title": "", "text": "It's not projection.  I was born less than a serf.  I grew up between trailer parks and sleeping in cars.    The manner by which I climbed out provided me the skills that make me qualified for the situation described above.  The military and a decade of conflict does wonders.  Status quo remains?  I prosper.  Technology makes jobs obsolete?  I prosper even more.  Society collapses?  I'm nobility."}
{"_id": "59077", "title": "", "text": "She was literally the person responsible for Google's home page. She built the entire PM org at Google. She had years of management experience. If you look at her resume she was an engineer for 2 years and a manager for 11 before moving to Yahoo.  The difference is, when you have all the right people and are already on the right path (Google), it's an incredibly different proposition than a company that's already declining with a bunch of people that have been at that company for 10+ years. There's a massive amount of institutional inertia.  Her vision for the company wasn't horrible, but her entire leadership style and handling of the company she was put in charge of was completely tone deaf. She also wasted a massive amount of money on pointless gambles that the company never capitalized on."}
{"_id": "59085", "title": "", "text": "I didn't  say...  &gt;If a business cannot afford to provide its workers a livable wage, it is a failure as a business.   You did. I just wondered if you had any education or experience to back that up or of you're just spouting off on a subject you don't understand.   You've answered my question. Thanks."}
{"_id": "59110", "title": "", "text": "Those government workers in Greece were just mooching off a corrupt system that was enabled by the blind pursuit of yield and the moral hazard of bailout expectations. They were way overpaid to do nothing but collect bribes and drink coffee all day. Good riddance. Greece is a poor agricultural country with some tourism and some shipping, and needs to go back to living within its means. Nobody is going to starve, and high unemployment was always the norm there until a few years ago - I lived there before the Euro, and they managed just fine despite high interest rates and inflation.   Japan has had lost decades because its banks, like those in the west now, are practicing extend and pretend, so there hasn't been a proper flush of the system. The PIIGS should just flat out default and get it over with, rather than slowly default while giving up sovereignty.   Even Germany would be better off if the PIIGS defaulted, since it is German taxpayers and savers who are going to pay for these bailouts. Let the banks fail, meaning let their equityholders and bondholders take losses - the depositors will be fine. The resulting lower asset prices will tempt risk capital back into the system, and life will go on. Bailouts just throw good money after bad and prop up corrupt banks and politicians.  EDIT: Let me clarify about depositors making out fine. The banks' equityholders and bondholders take losses before depositors, who are insured anyway. In most cases, in Europe as in the US, the write-downs are not large enough to eat through this cushion before threatening depositors. Creditors were rewarded with higher interest for lending to these irresponsible banks, so they should take the hit rather than get made whole at taxpayer and saver (inflation) expense."}
{"_id": "59116", "title": "", "text": "Equity means having ownership, and I think that's a REALLY bad idea in the scenario that you described.  If you stay together, there's really no upside to either of you in this scheme.  If you break-up then you'll have a terrible mess, especially if the break-up goes badly.  If she's really building equity, you're going to be faced with several hard questions: If this went bad at the end, it might be worse than a divorce in some sense since at least in the divorce you have established law to sort out the issues.  You'll be on your own here without a formal contract. (Marriage being a special case of a contract for our purposes here.) If she wants to share costs (which seems perfectly fair) then agree to rent and a split on utilities.  If you really insist on going down the path that you described, I think that you'll need some sort of contract, which probably involves a lawyer.  Anything short of that could not be considered having equity at all and will be completely unenforceable in the event of a bad break-up. (There is some notion of a verbal contract, but that's very hard to prove and subject to misunderstanding and misremembering.) Aside from all of these potential problems in event of a break-up, you would probably also be violating the terms of your mortgage, if you have one. From the bank's perspective, you are selling the property that is the collateral for that loan, which you're almost surely not allowed to do."}
{"_id": "59124", "title": "", "text": "\"HSAs as they exist today allow a person to contribute tax deductible money (like a traditional IRA) to a savings account.  The funds in the savings account can be spent tax free for qualified expenses.  If the money is invested it also grows tax free.  This means a discount on your cash health expenses of the amount you would have paid in taxes, which given your relative's income isn't likely to be very much. As HSAs exist today they must be paired to a qualified High Deductible Health Plan (HDHP).  Many plans have a deductible that meets or exceeds the level set by the regulations but many plans waive the deductible for things like X-Rays; waiving the deductible causes most \"\"high deductible\"\" plans to not qualify for HSA accounts. There are other qualified HSA expenses like Long Term Care (LTC) insurance premiums that can also be spent tax and penalty free from HSA funds. At age 60 with low income an HSA serves little purpose because the tax savings is so marginal and an HDHP is required.  That does not however mean that the scope of HSA availability should not be expanded.  Just because this is not a silver bullet for everyone does not mean it is of no use to anyone.\""}
{"_id": "59131", "title": "", "text": "They made 85 billion from this fiasco....16 is a somewhat fraction of it....  Like HSBC smuggling cocaine for the cartels, they made 15 billion, got a fine of 2. Tell me what other criminal activities net you a profit once you are caught red handed doing so?"}
{"_id": "59136", "title": "", "text": "Gah, I feel a little bad for commenting on this, but every time I refresh the page it's here, so: Republicans are *mislead by* or maybe *under the thrall of* a discredited economic ideology. It's all the rest of us who are victimized by it. We have to live with it even if we disagree with it. Republican voters are giving their tacit permission for it to continue. Even if they are damaged by the effects of it, they are the only ones who can put an end to the policy, and thus fat they've shown nothing but support for its continuation by placing it's biggest boosters (people like Trump, Bush, Cheney, Cantor and Ryan, the Tea Party wing of the party, etc) in positions of authority and power."}
{"_id": "59137", "title": "", "text": "&gt; Guess what, making money hand over fist   who owns walmart? shareholders - people. your neighbors. who benefits from their lower prices - same.   &gt; There's this insane idea floating around Republican circles that the only way to really make it in business is to fuck everyone below you as hard and as fast as you can  im a libertarian.  but why can't people just get jobs elsewhere? and don't say because the economy is shit - the gov't caused that, not free markets. making a company efficient is good. it makes prices lower. it frees up people to do more valuable things. your arguments are the same as those who support trade barriers, tariffs, etc."}
{"_id": "59147", "title": "", "text": "Answers to this your question break down along a few lines regarding opportunity costs of tying up a significant chunk of your salary and assets in one piece of property, as opposed to other things you'd like to do with your life.  The 30 year standard mortgage was invented in the 30's as part of FDR's new deal to make housing affordable to more people, while relieving the strain on the market of foreclosed homes from ~10 year interest only balloon mortgages (sound familiar?). The 30 year term tends to follow the career of the average American of that era, allowing them to pay the house off and live out the remainder of their lives there at a lower cost.  Houses are depreciating assets because they wear out over time. Their greatest investment value is a place to live. The appreciation on a home comes from the real estate it sits on and the community the property is located in. Value is determined by desirability of the house and community in their current state, and the supply of property in the area. This value can only be extracted when you sell the home. This partially answers your last question noting that you shouldn't buy a really expensive building for investment value. We've learned in recent years that there are no long term guarantees of property value either, because land and communities can decrease in value due to unemployment, over supply, crime, pollution, etc. Only buy as much home as you will need in the next decade or so, in a place that you will like living over that time period, and don't consider it much of an investment. I will tell you to get a fifteen year fixed rate mortgage since it's readily available at lower rates and has a significantly lower total purchase price than the standard 30 years. The monthly payment difference isn't that great, and anyone who looks at the monthly payment as opposed to the total costs, your priorities and the opportunity costs shouldn't be trusted for financial advice. I don't like debt. There are psychological benefits to being free from the bondage and drain of a long term mortgage on your finances.  The biggest argument for paying off your home quickly is freedom to pursue other desires with all of your salary and the assets you have available to you. Some financial advisers will tell you to keep your mortgage costs under 25% of your income, so that you can actually live off the money you make. I would also recommend paying at least enough into your 401k to get the company match and fully funding your Roth IRA. I'd also have an emergency fund to cover at least 6 months of expenses, including this mortgage in case you lose your job. A 15 or 20 year mortgage will give you breathing room to take care of these other priorities, and you can overpay on almost any mortgage to decrease the principal and finish in a shorter time period (make sure to get a mortgage that allows prepayment) . More financially savvy people may tell you to take the 30 year mortgage and invest the difference. Especially with mortgage rates around 4%, this is a very cheap way to increase your purchasing power and total assets. Most people lack the investment prowess and self discipline to make this plan pay off. There are even fewer guarantees regarding markets and investments than property. This also is a way of diversifying your total assets to protect against loss of value in your home. This approach has backfired for thousands of people who are underwater on their homes. This problem is often compounded by job loss forcing you to move, or increasing your commute, making your home less desirable for you. Some people will tell you to maintain the mortgage for the tax credit. This fails a basic math test since you only get about a quarter of the money (depending on your tax rate) that you are paying in interest back from the government. The rest of the money goes to bank at no gain to you. This approach is basically a taxpayer subsidized decrease of your 4% interest payment to a 3% interest payment (assuming you have ~ $5000 in other deductions), and only pays off if you can successfully invest the money at a rate somewhat greater than 3%."}
{"_id": "59194", "title": "", "text": "**EDIT**: /u/cyancynic has provided evidence that /u/iceman1800 has posted some rather sketchy things on Reddit.   * [https://www.reddit.com/r/business/comments/6fyn2z/comment/dim7la1?st=J3O25TUZ&amp;sh=7ae150b0](https://www.reddit.com/r/business/comments/6fyn2z/comment/dim7la1?st=J3O25TUZ&amp;sh=7ae150b0)  * [https://www.reddit.com/r/business/comments/6fyn2z/comment/dim7m4f?st=J3O29BX3&amp;sh=78e50591](https://www.reddit.com/r/business/comments/6fyn2z/comment/dim7m4f?st=J3O29BX3&amp;sh=78e50591)   **ORIGINAL COMMENT**: Let's face it, there are plenty of ways a woman can talk to a man for free, or even get a drink or a meal out of it. If what you're selling and marketing is meaningful conversation, then why focus on your appearance? I accept than a woman is going to want the person they're conversing with the look nice, but what is it they're paying for?  Why do you think a woman would want to talk with you? Are those reasons good enough to justify paying your for it? Are you providing something that is unique, or that is better than what the woman can get for free elsewhere?  I think you need to figure these things out and have a way to convey them in words, then you'll have something to market."}
{"_id": "59225", "title": "", "text": "\"Let's say there's a product worth $10 in July and the inflation rate in August is 10%. Will it then cost $11 in August? Yes.  That's basically what inflation means. However.  The \"\"monthly\"\" inflation numbers you typically see are generally a year over year inflation rate on that month.  Meaning August 2017 inflation is 10% that means inflation was 10% since last July 2016, not since July 2017. At the micro consumer level, inflation is very very very vague.  Some sectors of the economy will inflate faster than the general inflation rate, others will be slower or even deflate.  Sometimes a price increase comes with a value increase so it's not really inflation.  And lastly, month over month inflation isn't something you will feel.  Inflation is measured on the whole economy, but actual prices move in steps.  A pear today might cost $1, and a pear in five years might cost $1.10.  That's 10% over 5 years or about 2% per year but the actual price change might have been as abrupt as yesterday a pear was $1 and now it's $1.10.  All of the prices of pears over all of the country won't be the same.   Inflation is a measure of everything in the economy roughly blended together to come up with a general value for the loss in purchasing power of a currency and is applicable over long periods.  A USD inflation rate of 3% does not mean the pear you spent $1 on today will necessarily cost $1.03 next year.\""}
{"_id": "59228", "title": "", "text": "Yes. I doubt I'll see a penny of that money, but will now forever have to wait for the other shoe to stop, not only on my credit cards being stolen but also potentially my identity. There's no time limit to this, could be years later. It really sucks, you're lucky not to be involved."}
{"_id": "59240", "title": "", "text": "\"Do both. The Roth should be started ASAP so you can start on the 5 year maturity period. Even if you already have the Roth started, it doubles as an emergency fund, so putting money into it couldn't hurt. Student loan interest is tax deductible, so your \"\"real\"\" interest is probably around 4.7%. However, this is still a good reason to pay them off soon.\""}
{"_id": "59249", "title": "", "text": "\"You absolutely should consider expenses. Why do they matter when the \"\"sticker price\"\" already includes them?  Because you can be much more certain about what the expense ratio will be in the future than you can about what the fund performance will be in the future. The \"\"sticker price\"\" mixes generalized economic growth (i.e., gains you could have gotten from other funds) with gains specific to the fund, but the expense ratio is completely fund-specific.  In other words, when looking at the \"\"sticker price\"\" performance of a fund, it's difficult to determine how that performance will extend into the future.  But the expense ratio will definitely carry into the future.  It is rare for funds to drastically change their expense ratios, but common for funds to change their performance. Suppose you find a fund that has returned a net of 8% over some time period and has a 1% expense ratio, and another fund that has returned a net of 10% but has a 2% expense ratio.  So the first fund returned 9%-1% = 8% and the second returned 12%-2%=10%.  There are decent odds that, over some future time period, the first fund will return 10%-1%=9% while the second fund will return 10%-2%=8%.  In order for the second fund to be better than the first, it has to reliably outperform it by 1%; this is harder than it may sound.  Simply put, there is a lot of \"\"noise\"\" in the fund performance, but the expense ratio is \"\"all signal\"\". Of course, if you find a fund that will reliably return 20% after expenses of 3%, it would probably make sense to choose that over one that returns 10% after expenses of 1%.  But \"\"will reliably return\"\" is not the same as \"\"has returned over the past N years\"\", and the difference between the two phrases becomes greater and greater the smaller N is.  When you find a fund that seems to have performed staggeringly well over some time period, you should be cautious; there is a good chance that the future holds some regression to the mean, and the fund will not continue to be so stellar. You may want to take a look at this question which asked about Morningstar fund ratings, which are essentially a measure of past performance.  My answer references a study done by Morningstar comparing its own star ratings vs. fund expenses as a predictor of overall results.  I'll repeat here the take-home message: How often did it pay to heed expense ratios? Every time. How often did it pay to heed the star rating? Most of the time, with a few exceptions. How often did the star rating beat expenses as a predictor? Slightly less than half the time, taking into account funds that expired during the time period. In other words, Morningstar's own study showed that its own star ratings (that is, past fund performance) are not as good at predicting success as simply looking at the expense ratios of the funds.\""}
{"_id": "59290", "title": "", "text": "Long time /r/economy subscriber and early Ethereum investor here.  I'm 100% biased (full disclosure) but I believe this tech has legs.  There are a lot of companies backing it, governments exploring it and developers building upon it.  It's currently at $365 with a $35bil market cap.  Look for 3 upgrades in the works:  1) Raiden - Should increase transaction capabilities to that of Visa 2) Sharding - Allows for lite clients and partial downloads of the nodes 3) Proof of Stake - No more video card farms wasting electricity.  Put your ethereum as stake to help the network reach consensus and earn a percentage return  I've you've got commodities in your portfolio, I would strongly suggest taking a look at Ethereum"}
{"_id": "59303", "title": "", "text": "The DTAA (Double Taxation Avoidance Agreement) Article 20 will apply to the Provident Fund money received while you were a resident in the US. Yes, you will add the Interest received on PF (Interest only for the year/s when you were a resident of US, and not when you were a Resident in India) in your 1040 and claim exemption under the treaty.  Do not add all of your PF contribution for last 10 years or 10 years of interest to 1040, as this was not contributed/earned when you were a US Resident. Consider, just the Interest Earned in the year when you become a Resident of US and then claim exemption under the treaty."}
{"_id": "59317", "title": "", "text": "This depends on the nature of the income. Please consult a professional CPA for specific advise."}
{"_id": "59327", "title": "", "text": "Every $1,000 you use to pay off a 26% interest rate card saves you $260 / year.  Every $1,000 you use to pay off a 23% interest rate card saves you $230 / year. Every $1,000 you put in a savings account earning ~0.5% interest earns you $5 / year. Having cash on hand is good in case of emergencies, but typically if your debt is on high interest credit cards, you should consider paying off as much of it as possible. In your case you may want to keep only some small amount (maybe $500, maybe $1000, maybe $100) in cash for emergencies. Paying off your high interest debt should be a top priority for you. You may want to look on this site for help with budgeting, also. Typically, being in debt to credit card companies is a sign of living beyond your means. It costs you a lot of money in the long run."}
{"_id": "59345", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://apnews.com/046e3b91cd394690a685761c3da6f2ed/Existing-only-from-the-Nile,-Egypt-fears-disaster-from-a-dam) reduced by 94%. (I'm a bot) ***** &gt; Once the fill is completed, the flow would in theory return to its previous levels, but the fear in Egypt is that the damage from the fill years could be long-lasting or that Ethiopia could build more dams and hold Egypt hostage by continuing to reduce the flow.  &gt; Recently, Ethiopia accused Egypt of supporting rebels caught trying to sabotage the dam, and there are also accusations that Egypt is setting up a military base in Eritrea to carry out an attack - all claims denied by both Egypt and Eritrea.  &gt; Now Egypt is isolated, and Ethiopia is dragging its feet over cooperation - just as Egypt did in the past.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73sc7n/the_only_reason_egypt_has_even_existed_from/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220544 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Egypt**^#1 **water**^#2 **Ethiopia**^#3 **Nile**^#4 **Dam**^#5\""}
{"_id": "59349", "title": "", "text": "\"&gt; They're simply saying that their private company service won't be the one to enable that money making.  The problem I have with this line of logic is that it's pretty much the anti-net neutrality argument. \"\"Why shouldn't private companies be able to determine which data to send/allow/prioritize over their services?\"\"\""}
{"_id": "59352", "title": "", "text": "This shows the impact of the inquiries. It's from Credit Karma, and reflects my inquiries over the past two years. In my case, I refinanced 2 properties and the hit is after this fact, so my score at 766 is lower than when approved. You can go to Credit Karma and see how your score was impacted. If in fact the first inquiry did this, you have cause for action. In court, you get more attention by having sufficient specific data to support your claim, including your exact damages."}
{"_id": "59355", "title": "", "text": "The smartphone craze has definitely spread like wildfire since the introduction of the iPhone back in 2007. Smartphones have become a necessity thanks to the multitude of applications that can be used even by children with almost no supervision needed."}
{"_id": "59367", "title": "", "text": "I'm not saying it's great, but I have a 705... I think we'll get a second opinion to lower that rate. Also, logically, with a higher down payment, we should be able to reduce the amount we need to borrow. Is that how that would work? For example, if we scrounged up a $7,000 for a down payment and came down on the price say $3,000"}
{"_id": "59372", "title": "", "text": "According to AutoTrader, there are many different reasons, but here are three:  New cars have a better resale value and it's easier to predict its resale value in case you default on the loan and they repossess the car. Lenders that are through auto makers can use different incentives for getting you to buy a new car. Used car financing is usually through other banks. People with higher credit scores tend to buy new cars, and therefore can get a lower rate because of their higher credit score."}
{"_id": "59385", "title": "", "text": "I just pulled up the app, did you click on Amazon Videos in the menu thing?  When I click on the tick I get a big green button to start playing episode 1.  No issue on my phone whatsoever.    The watchlist is useful if you want to watch it on a PC later.  Since I have one hooked up in my living room, that's actually kinda useful I guess."}
{"_id": "59386", "title": "", "text": "As a Financial Engineer myself, I recommend this too. It allows you to pursue finance without dropping your technical skills. I still frequently program and resort to MATLAB at my current role at an investment bank. I started off as a computer engineer (hardware) and grabbed a CFA1 before getting a Quant Finance degree.  Programs to consider (not an exhaustive list):  * University of Michigan: Financial Engineering * Carnegie Mellon: Computational Finance * NYU: Mathematical Finance (I think) * U of Toronto: Mathematical Finance * Berkeley: Financial Engineering * Columbia: Financial Engineering  Some universities call it Quantitative Finance as well.  If I remember correctly, NYU and Berkely programs are very Math intensive and generally pretty tough to get into. Pretty much all your colleagues in these Quant Finance programs will be undergrad engineers with a small minority of hard sciences (like physics or math)."}
{"_id": "59387", "title": "", "text": "That's because the brands haven't been announced, even internally yet. Keep in mind that P&amp;G is a global company and many of the brands that will be cut from the portfolio are regional ones you've likely never heard of.  Additionally, many of the brands will likely be sold to other companies rather than just dropped altogether so you won't lose your favorite products.  Edit: [WSJ has made predictions of the brands that P&amp;G will drop from their portfolio.](http://graphicsweb.wsj.com/documents/doc-cloud-embedder/#1239394-brandlist20140801)"}
{"_id": "59388", "title": "", "text": "\"Per your comment that your landlord is a large property management firm, I think your credit is definitely in jeopardy. Assuming that your name is on the lease, there's no distinction of \"\"fair share\"\", you're all responsible. So, if your roommates can't pay their share, you might have to pay it for them, break the lease (more money, depending on terms) and get out of there. Alternatively, you might be able to find new roommates who would be able to pay their share(s).\""}
{"_id": "59394", "title": "", "text": "\"Invest in a high quality dividend paying group of stocks.  Look up \"\"stock  aristocrats\"\" to find longterm quality stocks that have regularly increased their dividends for over 20'years. 10'years is a safe period of time to invest in stocks.  If you had bought stocks at their hight in 2007 and kept them through the 40% decline thru 2008 and 2009 and held on to them for 10 years until 2017, you would have earned a 40 % increase from when you purchased them.  That is pretty much a worst case scenerio.  If you had invested in dividend paying stocks and had earned an additional 2.5% per year, you would have exceeded your 5% goal. The lifetime yearly return of the stock market is 10%.  Time is the only downside, but with ten years, you are almost certainly immune.\""}
{"_id": "59411", "title": "", "text": "Check with stock brokers. Some of them will offer ILS->USD conversion at a very beneficial rate (very close to the official), without any commission, and flat-priced wire transfers. For large amounts this is perfect. I know for a fact that Gaon Trade used to do that ($15 for a wire transfer of any amount), but they are now defunct... Check with Meitav (their successor) and others if they still do these things. If you're talking about relatively small amounts (up to several thousands $$$) - you may be better off withdrawing cash or using your credit card in the US. For mid range (up to $50K give or take, depending on your shopping and bargaining skills) banks may be cheaper. A quick note about what jamesqf has mentioned in his answer... You probably don't want to tell your banker that you're moving to the US. Some people reported banks freezing their accounts and demanding US tax info to unfreeze, something that you're not required to provide according to the Israeli law. So just don't tell them. In the US you'll need to report your Israeli bank/trading/pension/educational/savings/insurance accounts on FBAR and FATCA forms when you're doing your taxes."}
{"_id": "59427", "title": "", "text": "This is the short story: [Republic, Lost (my favorite version)](http://www.youtube.com/watch?v=AxCo2bE9Gtk)  [The Coming Collapse of the Middle Class](www.youtube.com/watch?v=akVL7QY0S8A)  [Psywar](http://www.openfilm.com/videos/psywar)  [Advertising &amp; the Perfect Storm - Sut Jhally](http://www.youtube.com/watch?v=WNy9s5qR4i0)  [Lifting the Veil: Obama and the Failure of Capitalist Democracy](http://vimeo.com/20355767)   Not to mention:  [Stephen Bezruchka - Is America Driving You Crazy?](http://www.youtube.com/watch?v=v5oJPRuFDIk)  [James Hansen: Why I must speak out about climate change](http://www.youtube.com/watch?v=fWInyaMWBY8)  [The 11th Hour](http://www.youtube.com/watch?v=nFLppW_JEmk)"}
{"_id": "59437", "title": "", "text": "There is not a permanent deficit. The budget was balanced when Reagan took office. He ran up a massive deficit. Clinton balanced the deficit he inherited. W then ran up a deficit again.  Obama inherited a trillion dollar deficit and reduced it to 400 billion. Now it is going to go up again. I am seeing a pattern here."}
{"_id": "59450", "title": "", "text": "She needs to get a bank account at literally any other bank or credit union. I have not paid for a checking account ever, any bank that tries to is ripping you off. Personally I've used ING Direct/Capital One 360 for years without any problems."}
{"_id": "59456", "title": "", "text": "The FDA exists to check on the meat industry, if some gumshoe journalists claim there's something wrong with the way meat is procured, doesn't this implicate the FDA?  I felt like this story came out of nowhere, possibly politically charged, and completely unfounded - especially if they're not also going after the FDA. The FDA should really protect these companies to a degree, you can't slam a company for complying with regulations!  I really do hope this blows up in ABC's face. Going after the FDA would have been considered a much riskier move with far less attractive ($$$) headlines."}
{"_id": "59468", "title": "", "text": "First thing to know about investing is that you make money by taking risks. That means the possibility of losing money as well as making it.  There are low risk investments that pretty much always pay out but they don't earn much. Making $200 a month on $10,000 is about 26% per year.  That's vastly more than you are going to earn on low risk assets. If you want that kind of return, you can invest in a diversified portfolio of equities through an equity index fund.  Some years you may make 26% or more.  Other years you may make nothing or lose that much or more.  On average you may earn maybe 7%-10% hopefully. Overall, investing is a game of making money over long horizons.  It's very useful for putting away your $10k now and having hopefully more than that when it comes time to buy a house or retire or something some years into the future.  You have to accept that you might also end up with less than $10K in the end, but you are more likely to make money than to use it. What you describe doesn't seem like a possible situation.  In developed markets, you can't reliably expect anything close to the return you desire from assets that are unlikely to lose you money.  It might be time to re-evaluate your financial goals.  Do you want spending money now, or do you want to invest for use down the road?"}
{"_id": "59495", "title": "", "text": "The ultra cynic in me says that companies get rid potential outrage through stupid bullshit like this, and bring in their real plans that will ultimately be ignored due to the lacking ability for Americans to have any sustained political opposition."}
{"_id": "59503", "title": "", "text": "&gt;Tie cost: $1.10, Retail price: $59.95, Margin: 98.2% &gt;Wallet cost: $6.49 , Retail price: $49.99, Margin: 87.1% &gt;Suits: $30 for jacket and $15 for pants, Retail price: $259.99 for jacket and $799 for full suit, Margin: 88.5% for jacket and 94% for suit  Bloody hell, who bought this junk? You can tell from the photo that the quality is pretty bad. I suppose it's only novelty but those are costly novelty prices."}
{"_id": "59513", "title": "", "text": "\"Salut, c'est Vincent. La suite de l'histoire incroyable qui m'arrive. Suffisamment pour que je t'en fasse une vid\u00e9o de plus ! En fait c'est la troisi\u00e8me vid\u00e9o pour expliquer l'\u00e9volution de ce que je croyais \u00eatre quelque chose de \"\"r\u00e9cr\u00e9atif\"\", et qui s'av\u00e8re \u00eatre un v\u00e9ritable Business avec un B majuscule ! L'effet cumul\u00e9 est incroyable... Cette vid\u00e9o c'est pour t'informer... et tu voudras en savoir plus... c'est certain. Alors contacte-moi via vincentmusschoot@gmail.com ou en commentant cette vid\u00e9o. C'est une r\u00e9elle opportunit\u00e9, internationale, ouverte \u00e0 toutes nationalit\u00e9s, et pour tout le monde sans aucune exception... Bienvenue dans mon \u00e9quipe ! http://vincentmusschoot.com\""}
{"_id": "59540", "title": "", "text": "\"APR stands for \"\"annual percentage rate.\"\" This means when you see a loan with a 6% rate, it is 6% per year.  On a $100,000 mortgage, where you aren't paying much of the principal down at first, a 6% rate would have you paying nearly $6,000 in interest in the first year alone.\""}
{"_id": "59541", "title": "", "text": "This is automation, a goal that businesses are going to head for no matter how much people moan about it.  As long as we have an economy that demands profits, as soon as it becomes viable to use a machine over a human, **it will happen**.    It's not a new trend, either.  Machines replace humans all the time.  It's been happening since the industrial revolution.  This is just the latest iteration in a long-running cycle.  The correct response to automation replacing human labor is not to fight automation (though it happens every time, and always loses in the end), but rather to embrace the new technology, and ensure the displaced workers have other jobs, or, failing that, the ability to retrain or train for higher-paying jobs.  This is an argument for a better, more comprehensive welfare system, more funding for public education, maybe even something as horrific as a basic income system that ensures not only are our most vulnerable able to survive, but those that want are given the opportunity to thrive instead of forcing them to work a low-wage job for eternity."}
{"_id": "59562", "title": "", "text": "What are your goals? Managing your finances is not the same for everyone. For example, do you want a more hands-off approach to finance or more hands-on? Are you looking at investments as well or just saving money? Those types of questions."}
{"_id": "59566", "title": "", "text": "\"What does it mean that the bank will \"\"hold you responsible\"\"? Clearly   the money won't be credited. Will you be charged a fee like an NSF   cheque? Will they try to prosecute you? Is there any way to confirm whether a cashiers cheque is forged? Could you for example tell your bank that you were uncertain of the origin, and ask them to confirm it? Can you call the issuer and verify (from the serial number) that they did in fact issue a cheque for that amount with you as the payee? Even calling the bank might not help. The first verification is that the bank exists, and that the account number and name match and that they did issue a check. But that doesn't cover the situation where the person that sent you the check wasn't who they claimed to be. That is the theft that could take weeks to find.\""}
{"_id": "59571", "title": "", "text": "\"Your bank Lloyds sent the Australian bank $500 AUD, having converted $317.90 GBP at a rate of 1.5728 AUD per GBP which was slightly less than the published rate which normally applies to transfers measured in hundred thousands if not  millions of pounds.  Using the published rate amounts to an unstated fee of 11 AUD which you are not complaining about.  You also paid a fee to Lloyds of 20 GBP which you disclosed after I had posted this answer. The Australian bank refused to accept the payment because the account to which the money had to be deposited was closed.  Perhaps, instead of just sending back $500 AUD, it converted the amount to GBP (less its fee of what I suspect is $60 AUD) and sent it back.  Notice that the bank rate of 1.592 AUD per GBP says that 276.58 GBP is what you get from a tad over  $440 AUD, and so perhaps St George's charged you a $60 AUD fee for the conversion while converting the rest ($440 AUD) to GBP. Or maybe Lloyds  got $500 AUD from St Georges and charged you a $60 AUD fee for converting it to GBP. Regardless of who did the  conversion, it is also possible that the rate you got (not  quite as good as the published rate) corresponds to $450 AUD converting to 276.58 GBP and a $50 AUD fee for the conversion.   You said I was told by Lloyds TSB that St. Georges wouldn't levy any charges, as they would be paid a separate \"\"agent's fee\"\". This might have been told to you as \"\"St. Georges will not be levying any charges if you send $500 AUD for deposit to the account in Australia and your payee will get exactly $500 AUD if you pay us 317.90 GBP plus 20 GBP as our conversion fee today. If you want to send GBP instead, we cannot tell you how much to send  because St. George's will levy a charge for conversion to AUD, and the conversion will be at the rate then prevailing. So your payee may receive more or less than $500 AUD.\"\" Perhaps, wanting to send exactly $500 AUD, you chose to pay Lloyds TSB and send AUD. But, since the account was closed, the money came back, and so you ended up paying yet another conversion fee. The questions are, who charged the second fee? As Muro said in a comment, it should be listed somewhere on the itemized statement. and is it a reasonable charge? I think $50 or $60 AUD is excessive but, then, I am not a bank, and maybe that is what their standard (minimum) charge is. As I said in my comment, the charge is usually a percentage of the amount transferred subject to a minimum levy that the bank sets.\""}
{"_id": "59580", "title": "", "text": "\"1. Actually, using the word \"\"actually\"\" to begin a sentence just to sound pretentious does NOT get your point across any clearer.  2. I know it would be cheaper and better for the environment. What I'm saying is we already do have enough food an resources to feed the entire world, but we just don't do it.\""}
{"_id": "59590", "title": "", "text": "Imagine a situation where the fire, ambulance, and police resources are compromised because the communication network has gone off line due to a lightning strike. A highly risky situation. Thus it has become very imperative for the wireless industry to consider lightning protection system, assessment, and solutions. Get more information here: https://www.adrive.com/public/6KW2dA/Lightning%20Protection.pdf"}
{"_id": "59600", "title": "", "text": "It is really hard to tell where you should withdraw money from. So instead, I'll give you some pointers to make it easier for you to make the decision for yourself, while keeping the answer useful to others as well. I have 3 401ks, ... and some has post tax, non Roth money Why keeping 3 401ks? You can roll them over into an IRA or the one 401k which is still active (I assume here you're not currently employed with 3 different employers). This will also help you avoiding fees for too low balances on your IRAs. However, for the 401k with after tax (not Roth) balance - read the next part carefully. Post tax amounts are your basis. Generally, it is not a good idea to keep post-tax amounts in 401k/IRA, you usually do post-tax contributions to convert them to Roth ASAP. Withdrawing from 401k with basis may become a mess since you'll have to account for the basis portion of each withdrawal. Especially if you pool it with IRAs, so that one - don't rollover, keep it separately to make that accounting easier. I also have several smaller IRAs and Roth IRAs, Keep in mind the RMD requirements. Roth IRAs don't have those, and are non-taxable income, so you would probably want to keep them as long as possible. This is relevant for 401k as well. Again, consolidating will help you with the fees. I'm concerned about having easily accessible cash for emergencies. I suggest keeping Roth amounts for this purpose as they're easily accessible and bear no taxable consequence. Other than emergencies don't touch them for as long as you can. I do have some other money in taxable investments For those, consider re-balancing to a more conservative style, but beware of the capital gains taxes if you have a lot of gains accumulated. You may want consider loss-harvesting (selling the positions in the red) to liquidate investments without adverse tax consequences while getting some of your cash back into the checking account. In any case, depending on your tax bracket, capital gains taxes are generally lower (down to 0%) than ordinary income taxes (which is what you pay for IRA/401k withdrawals), so you would probably want to start with these, after careful planning and taking the RMD and the Social Security (if you're getting any) into account."}
{"_id": "59619", "title": "", "text": "\"you don't really expect an admiral to sit and type emails do you?  it's got to be many times faster and VASTLY better use of his time to have drones do stupid digital \"\"labor\"\".  anything that is passed via email in a military command setting is junk mail\""}
{"_id": "59638", "title": "", "text": "\"Yes there is, it is called a One-Cancels-the-Other Order (OCO). Investopedia defines a OCO order as: Definition of 'One-Cancels-the-Other Order - OCO' A pair of orders stipulating that if one order is executed, then the   other order is automatically canceled. A one-cancels-the-other order   (OCO) combines a stop order with a limit order on an automated trading   platform. When either the stop or limit level is reached and the order   executed, the other order will be automatically canceled. Seasoned   traders use OCO orders to mitigate risk. I use CMC Markets in Australia, and they allow free conditional and OCO orders either when initially placing a buy order or after already buying a stock. See the Place New Order box below:  Once you have selected a stock to buy, the number of shares you want to buy and at what price you can place up to 3 conditional orders. The first condition is a \"\"Place order if...\"\" conditional order. Here you can place a condition that your buy order will only be placed onto the market if that condition is met first.  Say the stock last traded at $9.80 and you only want to place your order the next day if the stock price moves above the current resistance at $10.00. So you would Place order if Price is at or above $10.00. So if the next day the price moves up to $10 or above your order will be placed onto the market. The next two conditional orders form part of the OCO Orders. The second condition is a \"\"Stop loss\"\" conditional order. Here you place the price you want to sell at if the price drops to or past your stop loss price. It will only be placed on to the market if your buy order gets traded. So if you wanted to place your stop loss at $9.00, you would type in 9.00 in the box after \"\"If at or below ?\"\" and select if you want a limit or market order. The third condition is a \"\"Take profit\"\" conditional order. This allows you to take profits if the stock reaches a certain price. Say you wanted to take profits at 30%, that is if the price reached $13.00. So you would type in 13.00 in the box after \"\"If at or above ?\"\" and again select if you want a limit or market order. Once you have bought the stock if the stop order gets triggered then the take profit order gets cancelled automatically. If on the other hand the take profit order gets triggered then the stop loss order gets cancelled automatically. These OCO conditional orders can be placed either at the time you enter your buy order or after you have already bought the stock, and they can be edited or deleted at any time. The broker you use may have a different process for entering conditional and OCO orders such as these.\""}
{"_id": "59652", "title": "", "text": "&gt; Shitty food is priced cheap  Not really --- look at the snack aisle or the canned meat aisle.  These things often exceed the price of USDA premium cuts of meat.  Spam, for example, is about $9.99 lb.  Priced higher than bacon, and ribeye steak.   Brand name snack crackers are as expensive as chicken breasts."}
{"_id": "59653", "title": "", "text": "Automated trains are all over the place. CBTC is the standard signalling system for any new installs and most metros are converting to it when their old equipment ages out.  That's the main component required for unattended train operation. Some agencies keep a driver in the train anyway for failures and other problems (most interruptions in North America are customer medical issues) and pausing service on a busy metro line can cost millions per hour."}
{"_id": "59670", "title": "", "text": "\"Lifecycle funds might be a suitable fit for you. Lifecycle funds (aka \"\"target date funds\"\") are a mutual fund that invests your money in other mutual funds based on how much time is left until you need the money-- they follow a \"\"glide-path\"\" of reducing stock holdings in favor of bonds over time to reduce volatility of your final return as you near retirement.  The ones I've looked at don't charge a fee of their own for this, but they do direct your portfolio to actively managed funds. That said, the ones I've seen have an \"\"acquired\"\" expense ratio of less than what you're proposing you'd pay a professional. FWIW, my current plan is to invest in a binary portfolio of cheap mutual funds that track S&P500 and AGG and rebalance regularly. This is easy enough that I don't see the point of adding in a 1 percent commission.\""}
{"_id": "59682", "title": "", "text": "\"Any answer for what to do in a taper will assume ceteris paribus because how markets initially react when they suspect a taper may immediately change depending on what data are released after the taper. For instance, I've seen Soros and a few other hedge fund managers hold shorts when expecting a taper because the theory is that the market may fall.  However, suppose the market falls 5%, but then positive employment numbers are released.  What then?  The same holds true for betting against Emerging Markets (EM), something I've seen Jesse Colombo and others suggest; the claim that Emerging Markets are in a bubble thanks to the U.S. Federal Reserve (the more money they release, the more the money goes overseas ...).  Again, this is possibly true, but if good data are released after the taper for these emerging markets, they could see growth and those with the shorts could get killed. TL;DR - when we ask about what happens after the taper, we have to remember we're assuming some things about everything else.   I do think that the \"\"safest play\"\" post taper is what Bill Gross mentioned about bonds (basically a bubble), as we should see interest rates rise and the Chinese seem to be reluctant to buy as much of U.S. bonds as they have in the past (though some, like Mish, assert the U.S. would welcome this).  The other play I like is the VIX (if you think the market will fall) or against (if you think the market will rise).  SVXY has been one of the best plays since 2011 (compare it to the SPY for the same time period).\""}
{"_id": "59683", "title": "", "text": "Last question first:  The amount borrowed will not transfer to your loved ones upon death.  Even if you were age 50, it is somewhat unlikely you will die in 30 years. First question:  Are you okay with having a student loan that long?  Keep in mind that making payments for that long will hinder your ability to build wealth, buy a home, and have disposable income. Presumably you are used to living like a college student.  If you continue to do so, and maybe take on another job (for the time you used to spend in school), you could be done with this much sooner.  2k/month is doable and retires this in 5 years, but I would shoot for a shorter time frame than that. Hopefully by purposely incurring that much debt you bought yourself a high paying career."}
{"_id": "59686", "title": "", "text": "You're doing business in the US and derive income from the US, so I'd say that yes, you should file a non-resident tax return in the US. And in Connecticut, as well, since that's where you're conducting business (via your domestic LLC registered there). Since you paid more than $600 to your contractor, you're probably also supposed to send a 1099 to him on that account on behalf of your LLC (which is you, essentially, if you're the only member)."}
{"_id": "59687", "title": "", "text": "\"For the person being hired this is a tricky situation. Specially with the new laws. There is no real magic number that can be applied as a lot will depend on what benefits you want, and what is actually available. This will really shift the spectrum quite a bit.  Under the affordibal care act, everyone has to have insurance or pay a ?fine? (were really not sure what to call this yet) but there are two provisions that really mess with the numbers you look at as an employee.  First, the cost of heath care has skyrocketed. So the same benefits that you had 5 years ago now cost maybe 10-15 times as much as they used to. This gets swept under the rug a bit because the \"\"main costs\"\" of insurance has only increased a tiny amount. What this actually comes down to is does your new ACA approved heath plan cover exactly the benefits you need, or does it cut corners.  Sorry this is complicated, and I don't mean it to come off as a speech against the ACA so I will give an example. My wife has RA, she really has it under control with the help of her RA doctor. This is not something she ever wants to change. Because she has had RA from the age of 15, and because it's degenerative, she doesn't want to spend 5 years working with a new doctor to get to the same place she is with her current doctor.  In addition, the main drugs she takes for RA are not covered under any ACA plan, nor are the \"\"substitutions\"\" that her doctor makes (we are trying to have kids so she has to be off the main meds, and a couple of the things this doctor has tried has been meds that reduce inflammation, are pregnancy safe, but are not for the treatment of RA) You now have to take into effect rather the cost of health insurance + the cost of the things now not covered by the heath insurance + the out of pocket expenses is worth the insurance.  Second the ACA has set up provisions to straight up trick those people that have lower income and are not paying close attention. When shopping for insurance, they get quotes like \"\"$50 a month\"\" or \"\"$100 a month\"\". The truth is that the remainder of the actual cost is deducted from their tax returns. This takes consideration, because if you thing your paying $50 a month for insurance but your really paying $650 then you need to make sure your doing your math right. Finally, you need to understand how messed up things are right now in the US with heath care. Largely this goes unreported. I'm not really sure why. But in order to do this I will have to give examples.  For my wife to see a specialist (her RA doctor) the co-pay is $75. So she goes to the doctor, he charges her $75 and bills the insurance $200. The insurance pays the doctor $50. With out insurance, the visit costs $50.  At first you want to blame the doctor for cheating the system, but the doctor has to pay for hours of labor to get the $50 back from the insurance company. From the doctors perspective it's cheaper to take the $50 then it is to charge the insurance company. And by charging the insurance company he has no control over the cost of the co pay. He essentially has to charge more to make the same money and the patient gets the shaft in the process. Another example, I got strep throat last year. I went to the walk in clinic, paid $75, saw the doctor got my Z-Pack for $15, went home crawled in bed and got better. My wife (who still had separate insurance from before the marriage) got strep throat (imagen that) went to the same clinic, they charged her $200 for the visit ($50 co-pay) and $250 for the z-pack ($3 co-pay). The insurance paid the clinic $90 for the visit and $3 for the drugs. Again the patient is left out in this scenario. In this case it worked better for my wife, unless you account for the fact that to get that coverage she had to pay $650/month.  My point is that when comparing costs of heathcare with insurance, and without out insurance, its often times much cheaper for the practices to have you self pay then it is for them to go through the loops of trying to insurance to make them whole. This creates two rates. Self pay rates and Insured rates. When your trying to figure out the cost of not having insurance then you need to use the self pay rates. These can be vastly different.  So as an employee you need to figure out your cost of heath care with insurance, and your cost of heath care without insurance. Then user those numbers when your trying to negotiate a salary. The problem is that there is no magic number to use for this because the cost will very a lot. For us, it was cheaper to not have insurance. Even with a pre-existing condition that takes constant attention, it's just better if we set aside $500 a month then it is to try to pay $750 a month. That might not hold true for everyone. For some people or conditions it may be better to pay the $750 then to try to handle it themselves.  So for my negotiations I would go with x+$6,000 without insurance or x+$4,500 with insurance.  Now as an employer it's a lot simpler. Usually you have a \"\"group plan\"\" that offers you a pretty straight $x per year per person or $y per year per family. So you can offer exactly that. Salary - $x or Salary - $y. AS a starting point. However this is where negotiations start.  If your offering me $50,500 and insurance, I would rather just have $57,000 and no insurance. Of course your real cost is only $55,000 cause you don't care about my heath care costs only about insurance costs. So you try to negotiate down towards $55,000 and no insurance. But that's not good enough for me. So I either go else where and you loose talent, or I accept $50,500 and insurance (or somewhere in between).\""}
{"_id": "59689", "title": "", "text": "I am American but live in Japan as a network and systems engineer.  I always drink the white one when in the US.  So many of them to pick from when I visit my family.   Not confident enough to invest based on this but for my own non-monetary selfish reasons I hope this suceeds well."}
{"_id": "59697", "title": "", "text": "Equity can be diluted by future investors, royalties get paid on each sale, companies can continue selling things even when operating at negative profit, back royalties due can be negotiated and at least partially paid in a bankruptcy.  From the standpoint of the investor: If it doesn't look like the company will likely have commercial success with a second product, it may be wise to simply take a portion of the product that is actually selling rather than risk your capital on the company's future successes (or failures). From the standpoint of the business owner/entreprenuer, if you believe you have a second product close to the end of the development pipeline it would be wise not to give up equity in the entire enterprise simply to gain required financing to ramp up production and marketing on an existing product.  Paying a royalty may be advantageous compared to paying interest on a loan as well (royalty payments are contingent on the occurrence of a sale while interest is due regardless)."}
{"_id": "59702", "title": "", "text": "The incestuous relationship between America's richest one percent and their political lackeys and lobbyists is sickening American society, and yet the press pretends that everything will be just hunky-dory when housing starts pick up. The politicians manage to conduct political campaigns totally devoid of the real issue\u2014the huge and growing gap between the rich few and the impoverished many. Meanwhile our police, who are supposed to protect us, harass citizens exercising their First Amendment rights to assemble and protest injustice. Wake up, Wall Street: you can't shove this under the rug."}
{"_id": "59703", "title": "", "text": "&gt;The Austrians are certainly on some of the shakiest ground in my view. At least Keynes' work was rigorous. So was Marx's for that matter. That stands in stark contrasts to the Austrians and their ilk.  Care to elaborate? (I'm not familiar with the inner workings of Austrian economics nor why it's such a sharp contrast to Keynesian or Friedmanian economics. Other than its worship of the free market and hatred of government, of course.)"}
{"_id": "59710", "title": "", "text": "One will find that the fixed 30 year mortgage rate is tightly correlated to the 10 year treasury. An adder of 2-2.5% or so, changing slightly with the rest of the economy, as money can get tight or loose independent of the rate itself. In 2011 we are witnessing low rates yet tough loan standards, this is the phenomenon I am referencing."}
{"_id": "59714", "title": "", "text": "A futures contract is based upon a particular delivery date.  In the case of a stock index futures contract is a cash settled futures contract based upon the stock index value at a particular point in time (i.e. this is when the final settlement is determined). In your example, the S&P 500 (SPX) is a price return index - that is, it is not affected by dividends and therefore dividends are not incorporated into the index value.  Dividends will affect the price of the constituent stocks (not necessarily by the same amount as the dividend) so they do have influence on the stock index value.  Since the dividends are known ahead of time (or at least can be estimated), this has already been factored into the futures price by the market. In terms of the impact of a dividend by AAPL, AAPL is approximaetely 3.6% of the index.  Apple pays out dividends 4 times a year (currently paying out $0.52 dividends).  Assuming the market is otherwise steady and AAPL drops by $0.52 due to the dividend and Apple is priced at around $105, this would result in a drop in the index of 0.0178% or around 0.35 points. Interesting fact:  There are some futures contracts that are based upon Total Return indexes, such as the German DAX and the above logic would need to be reversed."}
{"_id": "59723", "title": "", "text": "Most of the organizations that financial advisors belong to have a function to find their members. The major ones are listed below: Advocis seems to be the largest organization, with CFPs (Certified Financial Planners) and some Insurance designations. The Advocis advisor search feature can be found here.  FPSC is another organization that has a search for CFPs. Many of the same CFPs are in the Advocis database, but some aren't. The FPSC advisor search feature can be found here. IAFP is an organization of Registered Financial Planners (RFP). The database is smaller but the designation comes with prestige and is meant to be a mark of quality. The IAFP advisor search feature can be found here. Finally, there is a site \u2014 full disclosure, I am affiliated with it \u2014 called wealthprep.ca that has a large listing of advisors in Canada. You can filter by profession, specialties, and compensation type and there are ratings and reviews. Here is the page specifically for Toronto Financial Advisors."}
{"_id": "59725", "title": "", "text": "\"yeah that makes sense.  I guess the essential problem somehow is that along the line we all bought into the story that profit seeking and \"\"creating shareholder value\"\" was the sole duty of a CEO.  It's like we seem to have reduced all of our interactions in life to financial transactions and somehow sucked the humanity out of things.\""}
{"_id": "59729", "title": "", "text": "The key to becoming wealthy as a self-employed person is the drive to be successful. A driven person, who starts their own company (or companies, should they fail), will find success. Assuming that you define success as the accumulation of wealth, then yes, self-employment is correlated with wealth. But as matt mentions in the comments, there is no casual (in the statistical sense) relationship between self-employment and wealth. While I can't say for sure, I would argue that drive is more important that the employment situation."}
{"_id": "59736", "title": "", "text": "Don\u2019t go crazy with your salary and try to live similar to your college lifestyle for a while. Max out tax deferred investments and any matching your company offers. Put the rest of your savings in passively managed index funds not a savings account at your bank. Buy furniture over a few months and find deals. Try to keep your total auto expense under 10% of gross monthly income and you\u2019re housing expense under 20% of gross monthly income. After a few months you\u2019ll figure out your other monthly expenses and how much you feel comfortable saving. You can also let your credit card company know you have this income and they may raise your CC limit. A higher limit means your utilization rate will be lower which will help your credit as well."}
{"_id": "59749", "title": "", "text": "There are two possible scenarios, relating to slightly different definitions of 'pension'. The most normal definition of 'pension' is that you are paid a defined amount each week or month by some company, or the government. If so, that is not part of the estate. You won't be able to take it as a lump sum (probably). It isn't affected by whatever your husband wrote in his will. If, on the other hand, you and your husband had a big sum of money, which you were drawing on to pay your expenses and still are, then the big sum of money would have been part of the estate. The right person to ask about this is the lawyer who dealt with your husband's will. None of this is any help in deciding what you should do with the pension."}
{"_id": "59753", "title": "", "text": "There are a few categories like that (cookies, wine, cheese), but they usually only have 1-2 options when it comes to the basic stuff. They aren't going to have 30 brands of ketchup or an entire aisle of white bread."}
{"_id": "59758", "title": "", "text": "\"If AIG wasn't bailed out by the US Government, Warren Buffet would be the greatest **RICHES** to **RAGS** story ever.  I can see why he promotes paying more taxes and is so willing to \"\"betray\"\" his own \"\"class\"\" on behalf of the USGov.  It's because he's in the crony capitalist class post AIG bailout and tax dollars are the only reason he isn't greeting people at WalMart.\""}
{"_id": "59764", "title": "", "text": "So unemployment is dropping in Florida, but you still complain about something in Florida and you know, for sure(!), that the drop in unemployment has nothing to do with Trump.  Go and write your own article about the situation, since you know so much."}
{"_id": "59766", "title": "", "text": "\"&gt; If you're a few decades older, your generation is mostly to blame for this reversal of fortunes in the US.  Absolutely.  I've personally worked pretty damn hard to do the right thing - I've never owned a car, I recycle, compost, blah blah, but when it comes down to it it was my contemporaries that did us in.  &gt; 1969 was the peak of American culture. &gt; Not since 1969 have more cars been sold in the US   Wait, how is \"\"selling more cars\"\" equivalent to the \"\"peak of culture\"\"?  I fail to agree that American culture reached a peak 40 years ago.  Frankly, I think I'd be pretty bored if I were thrown back to 1969, even though it seemed pretty exciting at the time.  I do think the last ten years of culture have been a bit lame, I've been very surprised that we haven't had an outpouring of intense art and music in response to 9/11 and the impending collapse, I find I keep playing the Clash for want of any contemporary political music that moves me - but there's tons of great things out there.   (EDIT: A great example: I just saw [this movie](http://www.imdb.com/title/tt1440266/) a few days ago, and it simply blew my mind - it made me rethink choreography, and it also made me happy that Germany, a social Democracy, spends money on amazing things like this.)\""}
{"_id": "59769", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.latimes.com/business/la-fi-seattle-minimum-wage-20170626-story.html) reduced by 95%. (I'm a bot) ***** &gt; The new study has found that jobs and work hours fell for Seattle&amp;#039;s lowest paid employees after the city raised the minimum wage to $13 last year.  &gt; Some economists see it as a possible sign that $15 minimum wage laws such as those passed in Seattle, New York and several California cities could hurt workers at the lowest end of the wage spectrum.  &gt; In Seattle restaurants the number of jobs and hours worked overall did not change much after the minimum wage rose to $13 an hour, a University of Washington study found.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jvbvn/minimum_wage_hike_in_seattle_confirming/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~154110 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **Seattle**^#2 **work**^#3 **job**^#4 **minimum**^#5\""}
{"_id": "59782", "title": "", "text": "'Seems to me that a private business ought to have the right to do exactly this and more if they wish.  They do not owe anyone a job, nor is the applicant obligated to work there.  If they wish to make religious adherence, color, gender, sexuality, attractiveness, or whatever a condition of employment, they should be free to do so.  HOWEVER, if they do:  a) They should never be eligible for any tax funded business, such as govement contracts.  b) They should not be entitled to special state privileges such as incorporation.  Before any of you RedditLeft halfwits start bloviating about how very intolerant this is, let me point out that we are to be equal before *our goverment* not in our private lives.  No individual's freedoms are more valid or important than another's.  The rights of, say, a woman or person of color or gay person, cannot be more important than the rights of, say, a devoutly religious person that wants - as in this case- to fill their company with like minded people.  The right of association is fundamental in a free society.  Forcing one person to hire someone against their will is flatly immoral.  Let the whiny left begin their foolishness ..."}
{"_id": "59783", "title": "", "text": "A better boss will make the job less of a steaming pile of shit. Why do you think Americans tend to switch jobs every few years? Pay is nice, but having a job that doesn't make you want to roll over and go back to sleep every goddamned weekday is much, much better."}
{"_id": "59786", "title": "", "text": "pay off one of the cards completely. there are several reasons why:"}
{"_id": "59793", "title": "", "text": "The Canadian government position is that 35 states and nine million American jobs depend on trade with Canada.    Wikipedia's position is that a little over 7 million jobs in the US are dependent on trade with Canada, and that all 50 states have jobs that are dependent on trade with Canada. That's from a 2007 report."}
{"_id": "59795", "title": "", "text": "As your is a very specific case, please get an advice of CA. It should not cost you much and make it easier. The sale of agriculture land is taxable in certain conditions and exempt from tax in other cases. Sale of agricultural land is subject to capital gains tax. But there are certain exemptions under Section 54B, subject to conditions, which are as follows:    If deemed taxable, you can avail indexation, ie the price at which you grandfather got [the date when he inherited it as per indexation] and pay 10% on the difference. If the price is not known, you can take the govt prescribed rate.   As there is a large deposit in your fathers account, there can be tax queries and need to be answered. Technically there is no tax liable even if your grandfather gifts the money to your father. More details at http://www.telegraphindia.com/1130401/jsp/business/story_16733007.jsp and http://www.incometaxindia.gov.in/publications/4_compute_your_capital_gains/chapter2.asp"}
{"_id": "59797", "title": "", "text": "Well an empty fridge is a waste of 100% of the cooling.  If you are cooling nothing then all of the energy to cool it is wasted.  Air is not very conductive of Heat.  Its why double paned glass is more effiecent than single pane the air provides an isulation barrier.   So in a fridge you want to quickly bring the temperature of items placed inside down to a storage temperature. (Around 34F 1c)  Having a fridge full of already cold items will allow for a much quicker transfer of heat out of the item placed within.  And since the heat is dispersed out through a larger mass the amount of cooling required will be the same but because the mean temperature change over time is less the fridge will have to work harder for less time if the fridge is full.   But in the end the amount of energy required to cool a full freeser will be higher than an empty one as there is more heat to disapate.  But the cost of keeping it cold is spread out among many items.  So if you only have 1 orange per day in your fridge and it costs you 30 a month to run your fridge then your oranges have an additional 1 cost on them.  But if you use 20 things a day and it costs you 60 a month  it only costs you .1 extra per item."}
{"_id": "59801", "title": "", "text": "This should be a comment but could you not get an account with the National Bank of Egypt which has branches in the UK?"}
{"_id": "59817", "title": "", "text": "I don't get why someone in his situation doesn't just hire a small team of financial planners, ask them to make the majority of their money as safe as possible, and then receive an allowance you can burn worry free every month. The amount of capital he's earned, his money could be working for him to generate all the disposable income one needs. I guess it still comes back to discipline and habits, if the allowance isn't giving him enough to buy a new fancy car every month he'll probably start to dip into his investments.  I think what is really going to kill Mayweather's fortunes, is his gambling habit. He sinks hundreds of thousands of dollars on bets routinely. Eventually that will catch up with him."}
{"_id": "59819", "title": "", "text": "The CPA's mention of $2,500 is probably referring to the recently increased de minimis safe harbor under the final tangible property regulations (used to be $500) without an applicable financial statement. The IRS will not challenge your choice of expense or capitalization on amounts on or below $2500 if you elect the de minimis safe harbor election on your return. However, you must follow whatever you're doing for your books. (So if you are capitalizing your laptops for book purposes, you would also need to capitalize for tax purposes). Section 179 allows you to expense property that you would have otherwise have had to capitalize and depreciate. Section 179 can be annoying, especially if your LLC is treated as a passthrough, because there are recapture provisions when you dispose of the asset too early. For the tax return preparer, it makes the return preparation much more simple if there are no fixed assets to account for in the first place, which is quite possible if you are expensive all items/invoices less than $2,500."}
{"_id": "59826", "title": "", "text": "At www.corpsquare.in we make company registration in India a hassle free and smooth process by endeavor of intelligent, strict and proven procedures and protocols so that it becomes very simple and easy go through process for our clients. Our team of highly dedicated professionals keep on striving on the procedures with continuous efforts. We believe we are part of your business and should make you take your first ever step of starting your business in best manner. So confidently hand over your Company formation process with us and get going on core business of your company."}
{"_id": "59829", "title": "", "text": "Manage the fuel consumption price: check the pattern of fuel prices if you can for your area.  Some areas have weekly changes which are somewhat predictable and some sites will even predict the minimum price for the  next day.  Some other areas will have a discount fuel day. Switch to diesel: fuel consumption by diesel engines are much better than standard combustion engines.  Downside is not as many refueling stations. Switch to a hybrid: fuel consumption is better than comparable combustion engines alone but the downside is that the technology is new and still maturing.  Check out this site for more information."}
{"_id": "59843", "title": "", "text": "If you have a relatively stable income and deductions you can get a fairly good estimate using last year's tax bill. Suppose you paid $12000 of actual taxes last year and you are paid once a month.   If you plan to make a similar amount of money with similar deductions, you need each monthly paycheck to have $1000 of federal income taxes withheld.   I go to a paycheck calculator and find the withholding required to make sure I have that amount withheld every paycheck."}
{"_id": "59853", "title": "", "text": "This doesnt happen in Germany, why? Labor gets half the board seats.  When corps cut, everyone gets cuts. Everyone shares the pain. When corps do well, EVERYONE does better. They dont chop up a corp and sell it off for parts. They dont send all the jobs to china.   This is also how you get things like this  [How Germany Builds Twice as Many Cars as the U.S. While Paying Its Workers Twice as Much](http://www.forbes.com/sites/frederickallen/2011/12/21/germany-builds-twice-as-many-cars-as-the-u-s-while-paying-its-auto-workers-twice-as-much/)  just remember it is the unions keeping american autoworkers from competeting and yet they get paid less than their german counterparts that live in an economy the fraction of our size.   [If you look at gdp per person, WE are 6th on the planet, and germany 17th](http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita)   what does all this mean? Everyone is getting part of the economic growth and the meme that the right go off on that unions are destroying business in the US is BS. WE have a much richer country than germany. WE should be paying our workers even more than them. WE CAN AFFORD TO. They sure as shit can afford to with less money per person to go arround."}
{"_id": "59867", "title": "", "text": "No, if you can afford to enforce more rules, you alone pay for that enforcement *only on your own property*. Nobody else pays for your enforcement of rules that only you want enforced.  Customer regulation keeps companies accountable. When you can stop buying from a company who screws over customers, that's accountability. Remember, integrity and honesty is the lifeblood of any company who wants to stay in business for longer than a short period. Those who provide the most value to customers, including the best quality for their money, get the most customers."}
{"_id": "59871", "title": "", "text": "Try something like this: http://www.halifax.co.uk/sharedealing/our-accounts/fantasy-trader/ Virtual or fantasy trading is a great way to immerse yourself in that world and not lose your money whilst you make basic mistakes. Once real money is involved, there are some online platforms that are cheaper for lower amount investing than others. This article is a good, recent starting point for you:  http://www.thisismoney.co.uk/money/diyinvesting/article-1718291/Pick-best-cheapest-investment-Isa-platform.html Best of luck in the investment casino! (And only risk money you can afford to lose - as with any form of investment, gambling, etc)"}
{"_id": "59872", "title": "", "text": "yeah but that wasn't the implication of your statement. it seemed to imply that being 6 8 makes you a shoo in for the NBA. It absolutely does not. The best percentage chance you have to make the NBA according to height is by being over 7 foot, which gives you a 1 in 6 chance. As you go down in height, the stats become exponentially lower. If your argument is that being taller gives you a better chance of getting into the nba, well, no shit. but your statement seemed to imply that being 6 8 would necessitate your acceptance into the NBA. FYI, 6 7 is average height in the NBA if I remember my statistics correctly."}
{"_id": "59893", "title": "", "text": "\"Yep. So many of these articles could be changed to:  \"\"$Company or $Industry That Has Coasted On Shit Product and Shit Service Surprised By Customer Reaction When Something Better Is Available\"\".   We recently had a contractor offer us a restaurant gift card as a mea culpa for taking longer on a job than originally quoted, which turned out to be for Applebee's.   Just doing takeout was an awful experience: the service was shit, the food was shit, the restaurant and floors were dirty, everyone felt ill after eating poorly cooked sodium muck...   It's hilarious/sad to see these executives flailing around searching for the magic answer as to why their business model is cratering and the best they can come up with is \"\"damn millennials\"\". I'm willing to bet, by and large, people don't not eat at these places for some kind of hipster cred, but because they want decent food and decent service for the price. Unfortunately, no one with that viewpoint is being listened to in board meetings it seems.\""}
{"_id": "59899", "title": "", "text": "Why are you saving your emergency fund in a Roth-IRA? That type of fund should be for retirement. I know you can pull out your principal but that would mean in a crisis you will be destroying your retirement fund.  Remember there is an annual limit, it could take years to replenish it if you have to pay for a big repair, or period of unemployment. The emergency fund should be kept in a very safe account. I would just keep in a high yeild account at a Credit Union"}
{"_id": "59965", "title": "", "text": "The stock market at large has about a 4.5% long-term real-real (inflation-fees-etc-adjusted) rate of return. Yes: even in light of the recent crashes. That means your money invested in stocks doubles every 16 years. So savings when you're 25 and right out of college are worth double what savings are worth when you're 41, and four times what they're worth when you're 57. You're probably going to be making more money when you're 41, but are you really going to be making two times as much? (In real terms?) And at 57, will you be making four times as much? And if you haven't been saving at all in your life, do you think you're going to be able to start, and make the sacrifices in your lifestyle that you may need? And will you save enough in 10 years to live for another 20-30 years after retirement? And what if the economy tanks (again) and your company goes under and you're out of a job when you turn 58? Having tons of money at retirement isn't the only worthy goal you can pursue with your money (ask anyone who saves money to send kids to college), but having some money at retirement is a rather important goal, and you're much more at risk of saving too little than you are of saving too much. In the US, most retirement planners suggest 10-15% as a good savings rate. Coincidentally, the standard US 401(k) plan provides a tax-deferred vehicle for you to put away up to 15% of your income for retirement.  If you can save 15% from the age of 20-something onward, you probably will be at least as well-off when you retire as you are during the rest of your life. That means you can spend the rest on things which are meaningful to you. (Well, you should also keep around some cash in case of emergencies or sudden unemployment, and it's never a good idea to waste money, but your responsibilities to your future have at least been satisfied.) And in the UK you get tax relief on your pension contribution at your income tax rate and most employers will match your contributions."}
{"_id": "59969", "title": "", "text": "The primary difference between Japan and most other developed nations is who owns their debt.  Japan's debt is almost entirely internal.  That is it's actually borrowed from within Japan.  It's not owned by China or anyone else.  Additionally, Japan owns a fairly substantial proportion of the USA's debt which provides additional security.  It's a favorite complaint of Romney and his friends that American is borrowing from China to finance public spending.  A lot of people don't realize, that in fact Japan was until very recently, America's biggest source of borrowing.  And is still number 2 by a substantial margin.  Combine this with pretty careful regulation by the Bank of Japan, low bond yields, and a much larger economy, still with a decent manufacturing base, and Japan's situation isn't remotely like Greece despite it appearing worse.  In a nutshell, the Japan is the educated university graduate with a reasonable income, who like many of us who buy a house that costs many multiples of our annual salary, and can afford to service the debt even if it needs to be carefully managed.  Greece is the homeless, one-armed drug addict with no prospects that struggles to find a few bucks to spend a night in a hostel.  The size of the debt is more or less irrelevant.  It's the ability to pay it that really matters.  Of course this doesn't mean that if circumstances change, things couldn't go south badly, but right now Japan isn't in trouble and the 230% vs 130% misrepresents the reality of the situation."}
{"_id": "59972", "title": "", "text": "Read any article that's linked to from Facebook or Twitter, that is advertising. I don't know what hole you've crawled out of but digital marketing spending is passing traditional media. More and more companies are using social media marketing and content marketing in their overall plans.   Social Media is not dead, it's just beginning to grow if anything."}
{"_id": "59979", "title": "", "text": "blockchain technology does not seem to be the focal point in their startup, which usually should be when there is an ICO. A lot of the things that they say blockchain could enable them to do, could be done with a centralised database. They have a pretty experienced team in real estate though , it looks like they are using the ICO simply as an easy method of raising capital than having an innovative use of the blockchain token"}
{"_id": "59988", "title": "", "text": "\"Yes, the value of a stock is completely, 100% determined by what people are willing to pay for it in conjunction with what people who have it are willing to sell it for. If something really bad happened to a company, like their only factory burned to the ground, and the traders didn't care, then I guess, in that scenario, the value of the stock would not change. But you can spin all sorts of hypotheticals of that sort. If dogs could talk, would German Shepherds speak German? Etc. Any answer is pretty meaningless because the premise is wildly unlikely. As CQM notes, \"\"traders\"\" in this context means everyone who buys or sells stock. If you buy stock, that includes you. They're not some mystical cabal somewhere. If you see a stock listed at, whatever, $50, and you are not willing to pay more than $40 for it, then you refuse to buy, and so you tend to force the price down. If you're not a billionaire, then your impact on the market is tiny, but the market is made up of millions of people each with tiny influence. Note that all this is true not just of the stock market, but of every product on the market. A product is worth whatever the owner is willing to sell it for and people are willing to pay. This is what determines the price of everything from houses to toasters. It's a little theory I've invented that I like to call, \"\"the law of supply and demand\"\". :-)\""}
{"_id": "59992", "title": "", "text": "&gt; deregulate a huge number of areas which will effect hundreds of millions  of _poor_ people _who don't matter_  FTFY.  TISA is about using the disposable masses to stick a finger in the eye of Russia and China in international trade.  The still-birth of the labor movement in the developing world is just icing on the cake."}
{"_id": "59994", "title": "", "text": "The Japanese stock market offers a wide selection of popular ETFs tracking the various indices and sub-indices of the Tokyo Stock Exchange.  See this page from the Japan Exchange Group site for a detailed listing of the ETFs being offered on the Tokyo exchange. As you have suggested, one would expect that Japanese investors would be reluctant to track the local market indices because of the relatively poor performance of the Japanese markets over the last couple of decades.  However, this does not appear to be the case.  In fact, there seems to be a heavy bias towards Tokyo indices as measured by the NAV/Market Cap of listed ETFs.  The main Tokyo indices - the broad TOPIX and the large cap Nikkei - dominate investor choice. The big five ETFs tracking the Nikkei 225 have a total net asset value of 8.5Trillion Yen (72Billion USD), while the big four ETFs tracking the TOPIX have a total net asset value of 8.0Trillion Yen (68Billion USD).  Compare this to the small net asset values of those Tokyo listed ETFs tracking the S&P500 or the EURO STOXX 50.  For example, the largest S&P500 tracker is the Nikko Asset Management S&P500 ETF with net asset value of just 67Million USD and almost zero liquidity.  If I remember my stereotypes correctly, it is the Japanese housewife that controls the household budget and investment decisions, and the Japanese housewife is famously conservative and patriotic with their investment choices.  Japanese government bonds have yielded next to nothing for as long as I can remember, yet they remain the first choice amongst housewives.  The 1.3% yield on a Nikkei 225 ETF looks positively generous by comparison and so will carry some temptations."}
{"_id": "59995", "title": "", "text": "I thought the crux of the argument was that they were supposed to offset the tax cuts with an expansion of the tax base through growth.  If that story were true (and there's a fair bit of evidence that it's not) then why would they need to cut spending?  The reason the CBO shouldn't score the expected growth from a tax cut is because we've seen very little evidence for significant growth from it--and not because we've never seen the long term impacts of a cut, but rather because they didn't result in growth."}
{"_id": "60001", "title": "", "text": "Yes, from the point-of-view to the end speculator/investor in stocks, it is ludicrous to take on liabilities when you don't have to.  That's why single-stock options are far more liquid than single-stock futures. However, if you are a farmer with a huge mortgage depending upon the chaos of agricultural markets which are extremely volatile, a different structure might appeal to you.  You could long your inputs while shorting your outputs, locking in a profit.  That profit is probably lower than what one could expect over the long run without hedging, but it will surely be less volatile. Here's where the advantage of futures come in for that kind of structure: the margin on the longs and shorts can offset each other, forcing the farmer to have to put up much less of one's own money to hedge.  With options, this is not the case. Also, the gross margin between the inputs rarely fluctuate to an unmanageable degree, so if your shorts rise faster than your longs, you'll only have to post margin in the amount of the change in the net of the longs and shorts. This is why while options on commodities exist to satisfy speculators, futures are the most liquid."}
{"_id": "60017", "title": "", "text": "\"The others nailed it, great answers.  I'd add - the two things I'd prioritize ahead of this debt, higher interest debt, obviously. And matched 401(k) deposits. I can't repeat enough - many people are so anti debt, they walk away from guaranteed 100% returns. \"\"after I pay my mortgage, I'll max out my 401(k) and catch up.\"\" I've read this, and it will never make sense. After that, pay off the 9% rate as soon as you can.\""}
{"_id": "60020", "title": "", "text": "I prefer to use a Foreign Exchange transfer service.  You will get a good exchange rate (better than from Paypal or from your bank) and it is possible to set it up with no transfer fees on both ends.  You can use an ACH transfer from your US bank account to the FX's bank account and then a SEPA transfer in Europe to get the funds into your bank account.  Transfers can also go in the opposite direction (Europe to USA). I've used XE's service (www.xe.com) and US Forex's service (www.usforex.com).  Transferwise (www.transferwise.com) is another popular service. US Forex's service calls you to confirm each transfer.  They also charge a $5 fee on transfers under $1000. XE's service is more convenient: they do not charge fees for small transfers and do not call you to confirm the tramsfer.  However, they will not let you set up a free ACH transfer from US bank accounts if you set up your XE account outside the US. In both cases, the transfer takes a few business days to complete. EDIT: In my recent (Summer 2015) experience, US Forex has offered slightly better rates than XE.  I've also checked out Transferwise, and for transfers from the US it seems to be a bit of a gimmick with a fee added late in the process.  For reference, I just got quotes from the three sites for converting 5000 USD to EUR:"}
{"_id": "60032", "title": "", "text": "\"This turned out be a lot longer than I expected.  So, here's the overview. Despite the presence of asset allocation calculators and what not, this is a subjective matter.  Only you know how much risk you are willing to take.  You seem to be aware of one rule of thumb, namely that with a longer investing horizon you can stand to take on more risk.  However, how much risk you should take is subject to your own risk aversion.  Honestly, the best way to answer your questions is to educate yourself about the individual topics.  There are just too many variables to provide neat, concise answers to such a broad question.  There are no easy ways around this.  You should not blindly rely on the opinions of others, but rather use your own judgment to asses their advice. Some of the links I provide in the main text: S&P 500: Total and Inflation-Adjusted Historical Returns 10-year index fund returns The Motley Fool Risk aversion Disclaimer: These are the opinions of an enthusiastic amateur.  Why should I invest 20% in domestic large cap and 10% in developing markets instead of 10% in domestic large cap and 20% in developing markets? Should I invest in REITs? Why or why not?  Simply put, developing markets are very risky.  Even if you have a long investment horizon, you should pace yourself and not take on too much risk.  How much is \"\"too much\"\" is ultimately subjective.  Specific to why 10% in developing vs 20% in large cap, it is probably because 10% seems like a reasonable amount of your total portfolio to gamble.  Another way to look at this is to consider that 10% as gone, because it is invested in very risky markets.  So, if you're willing to take a 20% haircut, then by all means do that.  However, realize that you may be throwing 1/5 of your money out the window. Meanwhile, REITs can be quite risky as investing in the real estate market itself can be quite risky.  One reason is that the assets are very much fixed in place and thus can not be liquidated in the same way as other assets.  Thus, you are subject to the vicissitudes of a relatively small market.  Another issue is the large capital outlays required for most commercial building projects, thus typically requiring quite a bit of credit and risk.  Another way to put it: Donald Trump made his name in real estate, but it was (and still is) a very bumpy ride.  Yet another way to put it: you have to build it before they will come and there is no guarantee that they will like what you built. What mutual funds or index funds should I investigate to implement these strategies?  I would generally avoid actively managed mutual funds, due to the expenses.  They can seriously eat into the returns.  There is a reason that the most mutual funds compare themselves to the Lipper average instead of something like the S&P 500.  All of those costs involved in managing a mutual fund (teams of people and trading costs) tend to weigh down on them quite heavily.  As the Motley Fool expounded on years ago, if you can not do better than the S&P 500, you should save yourself the headaches and simply invest in an S&P 500 index fund. That said, depending on your skill (and luck) picking stocks (or even funds), you may very well have been able to beat the S&P 500 over the past 10 years.  Of course, you may have also done a whole lot worse.  This article discusses the performance of the S&P 500 over the past 60 years.  As you can see, the past 10 years have been a very bumpy ride yielding in a negative return.  Again, keep in mind that you could have done much worse with other investments. That site, Simple Stock Investing may be a good place to start educating yourself.  I am not familiar with the site, so do not take this as an endorsement.  A quick once-over of the material on the site leads me to believe that it may provide a good bit of information in readily digestible forms.  The Motley Fool was a favorite site of mine in the past for the individual investor.  However, they seem to have turned to the dark side, charging for much of their advice.  That said, it may still be a good place to get started.  You may also decide that it is worth paying for their advice. This blog post, though dated, compares some Vanguard index funds and is a light introduction into the contrarian view of investing.  Simply put, this view holds that one should not be a lemming following the crowd, rather one should do the opposite of what everyone else is doing.  One strong argument in favor of this view is the fact that as more people pile onto an investing strategy or into a particular market, the yields thin out and the risk of a correction (i.e. a downturn) increases.   In the worst case, this leads to a bubble, which corrects itself suddenly (or \"\"pops\"\" thus the term \"\"bubble\"\") leading to quite a bit of pain for the unprepared participants.  An unprepared participant is one who is not hedged properly.  Basically, this means they were not invested in other markets/strategies that would increase in yield as a result of the event that caused the bubble to pop.   Note that the recent housing bubble and resulting credit crunch beat quite heavily on the both the stock and bond markets.  So, the easy hedge for stocks being bonds did not necessarily work out so well.  This makes sense, as the housing bubble burst due to concerns over easy credit. Unfortunately, I don't have any good resources on hand that may provide starting points or discuss the various investing strategies.  I must admit that I am turning my interests back to investing after a hiatus.   As I stated, I used to really like the Motley Fool, but now I am somewhat suspicious of them.  The main reason is the fact that as they were exploring alternatives to advertising driven revenue for their site, they promised to always have free resources available for those unwilling to pay for their advice.  A cursory review of their site does show a decent amount of general investing information, so take these words with a grain of salt.  (Another reason I am suspicious of them is the fact that they \"\"spammed\"\" me with lots of enticements to pay for their advice which seemed just like the type of advice they spoke against.) Anyway, time to put the soapbox away.  As I do that though, I should explain the reason for this soapboxing.  Simply put, investing is a risky endeavor, any way you slice it.  You can never eliminate risk, you can only hope to reduce it to an acceptable level.  What is acceptable is subject to your situation and to the magnitude of your risk aversion.  Ultimately, it is rather subjective and you should not blindly follow someone else's opinion (professional or otherwise).  Point being, use your judgment to evaluate anything you read about investing.   If it sounds too good to be true, it probably is.  If someone purports to have some strategy for guaranteed (steady) returns, be very suspicious of it.  (Read up on the Bernard Madoff scandal.)  If someone is putting on a heavy sales pitch, be weary.  Be especially suspicious of anyone asking you to pay for their advice before giving you any solid understanding of their strategy.  Sure, many people want to get paid for their advice in some way (in fact, I am getting \"\"paid\"\" with reputation on this site).  However, if they take the sketchy approach of a slimy salesmen, they are likely making more money from selling their strategy, than they are from the advice itself.  Most likely, if they were getting outsized returns from their strategy they would keep quiet about it and continue using it themselves.  As stated before, the more people pile onto a strategy, the smaller the returns.  The typical model for selling is to make money from the sale.  When the item being sold is an intangible good, your risk as a buyer increases. You may wonder why I have written at length without much discussion of asset allocation.  One reason is that I am still a relative neophyte and have a mostly high level understanding of the various strategies.  While I feel confident enough in my understanding for my own purposes, I do not necessarily feel confident creating an asset allocation strategy for someone else.  The more important reason is that this is a subjective matter with a lot of variables to consider.  If you want a quick and simple answer, I am afraid you will be disappointed.  The best approach is to educate yourself and make these decisions for yourself.  Hence, my attempt to educate you as best as I can at this point in time. Personally, I suggest you do what I did.  Start reading the Wall Street Journal every day. (An acceptable substitute may be the business section of the New York Times.)  At first you will be overwhelmed with information, but in the long run it will pay off.  Another good piece of advice is to be patient and not rush into investing.   If you are in a hurry to determine how you should invest in a 401(k) or other such investment vehicle due to a desire to take advantage of an employer's matching funds, then I would place my money in an S&P 500 index fund.  I would also explore placing some of that money into broad index funds from other regions of the globe.  The reason for broad index funds is to provide some protection from the normal fluctuations and to reduce the risk of a sudden downturn causing you a lot pain while you determine the best approach for yourself.  In this scenario, think more about capital preservation and hedging against inflation then about \"\"beating\"\" the market.\""}
{"_id": "60033", "title": "", "text": "This sounds more like a Business Analyst role, but almost impossible to tell with such narrow detail.  My general advice though - don't pick the title based on what the job is today, pick it based on what you can grow it into."}
{"_id": "60037", "title": "", "text": "\"Updating current reactor tech largely reduces \"\"radioactive waste?\"\" Exactly by how much will this reduce radioactive waste? And I hope you can clarify, but when you put \"\"radioactive waste\"\" within quotes you could be misinterpreted as downplaying the perilous nature of a deadly substance who's mere milligrams will poison and even kill every orgasm that ingests it -- over the next 250,000 years.  Something /energy ignores and even censors on their subreddit is the question of where will nuclear waste be stored. Our species has had a strong couple thousand years but considering how we collectively mishandle even the simplest of tasks - how arrogant are we to believe we can safeguard the storage of a deadly substance for the next quarter-million years? Windmill 1.0 can just be taken down and even recycled into Windmill 2.0\""}
{"_id": "60082", "title": "", "text": "What I would prefer is top open a new category charges under dispute and park the amount there. It can be made as an account as well in place of a income or expenses category. This way your account will reconcile and also you will be able to track the disputes."}
{"_id": "60088", "title": "", "text": "When evaluating a refinance, it all comes down to the payback. Refinancing costs money in closing costs. There are different reasons for refinancing, and they all have different methods for calculating payback.  One reason to finance is to get a lower interest rate. When determining the payback time, you calculate how long it would take to recover your closing costs with the amount you save in interest. For example, if the closing costs are $2,000, your payback time is 2 years if it takes 2 years to save that amount in interest with the new interest rate vs. the old one. The longer you hold the mortgage after you refinance, the more money you save in interest with the new rate. Generally, it doesn't pay to refinance to a lower rate right before you sell, because you aren't holding the mortgage long enough to see the interest savings. You seem to be 3 years away from selling, so you might be able to see some savings here in the next three years.  A second reason people refinance is to lower their monthly payment if they are having trouble paying it. I see you are considering switching from a 15 year to a 30 year; is one of your goals to reduce your monthly payment? By refinancing to a 30 year, you'll be paying a lot of interest in your first few years of payments, extending the payback time of your lower interest rate.  A third reason people refinance is to pull cash out of their equity. This applies to you as well. Since you are planning on using it to remodel the home you are trying to sell, you have to ask yourself if the renovations you are planning will payoff in the increased sale price of your home. Often, renovations don't increase the value of their home as much as they cost. You do renovations because you will enjoy living in the renovated home, and you get some of your money back when you sell. But sometimes you can increase the value of your home by enough to cover the cost of the renovation. Talk to a real estate agent in your area to get their advice on how much the renovations you are talking about will increase the value of your home."}
{"_id": "60090", "title": "", "text": "This article is simply a discussion of the author's own stupidity. In no way does a liquidation preference effect the value of a company. Share class? Yes definitely.  The issue comes from applying the price of a preferred funding round to a fully diluted basis as is often quoted in financial media. Value doesn't always just equal basic p * q"}
{"_id": "60093", "title": "", "text": "What you put that money into is quite relevant. It depends on how soon you will need some, or all, of that money.  It has been very useful to me to divide my savings into three areas...  1) very short term 'oops' funds. This is for when you forget to put something in your budget or when a monthly bill is very high this month. Put this money into passbook savings.  2) Emergency funds that are needed quite infrequently. Used for such things as when you go to the hospital or an appliance breaks down. Put this money in higher yeald savings, but where it can be accessed.  3) Retirement savings. Put this money into a 401-K. Never draw on it till you retire. Make no loans against it. When you change jobs roll over into a self-directed IRA and invest in an ETF that pays dividends. Reinvest the dividend each month.  So, like I said, where you put that money depends on how soon you will need it."}
{"_id": "60098", "title": "", "text": "The dividend is for a quarter of the year, three months. 80 cents is 3.9% of $20.51. Presumably the Div/yield changes as the stock price changes. On Yahoo, they specify that the yield is based on a particular stated date. So it's only the exact number if the stock trades at the price on that date."}
{"_id": "60101", "title": "", "text": "I couldn't believe they blew money on a fucking share buy back.  Even the product issues aside, how moronic is that?  Hey guys, we are 3 years behind the competition in technology, our next product is another 2 generations from now, and sales are collapsing around us.  Should we maybe INVEST IN SOME FUCKING R&amp;D!?  Nah, lets hand out the cash to shareholders.  I'm sure they would prefer a 5% share price boost now instead of long term survival of the company."}
{"_id": "60119", "title": "", "text": "Can't see why would you need to track the sources of the original funds. Can't think of a reason not to consolidate, if at all it will only make the management of your IRA more convenient, and may be even cheaper (if the fees depend on the account value...)."}
{"_id": "60124", "title": "", "text": "Russia has structural problems too. The last time they had an election, their president and prime minster of what - 10yrs? - swapped roles.   India has a fully functioning democracy. Yes, there are challenges but dont say that Russia has crossed the chasm."}
{"_id": "60126", "title": "", "text": "\"Obama is a piece of shit, who is nothing more than a puppet. You will get no arguement from me on that. What piece of shit would you like to see in his place? These horrid anti-competition agreements are not possible without govenment's supporting them. You wonder why governments and corporations are so friendly with one another? Think about it. Who collects the taxes for the government? And do you think the government could get those taxes without those corporations doing the job for them? They would have to come to your house and force it out of your hands face to face. By getting your boss to do it they make him the bad guy who doesn't \"\"pay\"\" you what you feel you are worth. You ignore the fact that if he didn't steal from your cheque he would be shut down.  You think the Mafia has a monopoly on extortion?   What part in your own words do I have \"\"COMPLETELY\"\" backwards?\""}
{"_id": "60135", "title": "", "text": "\"I'm going to assume that by \"\"register the house in my name\"\" you mean that the house is legally yours. In that case there are a number of implications, tax and otherwise. You should also be very clear with your father about what happens when the house is sold. Do you give him back what he paid for it? Does he get all the value? What happens if the value has gone down? Some of this is down to Indian law, which I know nothing about. However all of these are red flags which you should consider before doing this. This is not legal advice in any jurisdiction.\""}
{"_id": "60137", "title": "", "text": "\"Simply paying him back the 50K to reduce \"\"his equity\"\" back to 30% doesn't necessarily mean that he still doesn't have a higher liq pref upon a liquidation event. You don't need the legal language to know...I deal with term sheets all the time, I don't deal in the legal language, we cut the deal with the term sheet and leave the legal language to the lawyers.\""}
{"_id": "60148", "title": "", "text": "\"Do yourself a favor and actually read the article posted; it directly addresses your claim. Here is a lovely excerpt -  \"\"The claim that climate models are unreliable is the 6th-most popular contrarian myth. The argument is generally based on the claim that climate models didn't predict the slowdown in global surface warming over the past 15 years. That's in large part because during that time, we've predominantly experienced La Ni\u00f1a conditions. Climate modelers couldn't predict that ahead of time, but the models that happened to accurately simulate those conditions also accurately predicted the amount of global surface warming we've experienced.\"\"\""}
{"_id": "60161", "title": "", "text": "Yeah, she is a control freak... she sold the rights of pictures of her to some agency, who licensed them out.... she lost control.   So to this end, I think it's only fitting that we the people of the internet seek justice &amp; irony.... we must go forth and photoshop actual dicks in place of the 7 inch burger.  Go now.... make it happen."}
{"_id": "60163", "title": "", "text": "You are thinking about this very well.  With option one, you need to think about the 5 D's in the contract.  What happens when one partner becomes disinterested, divorced (break up), does drugs (something illegal), dies or does not agree with decisions. One complication if you buy jointly, and decide to break up/move, on will the other partner be able to refinance?  If not the leaving person will probably not be able to finance a new home as the banks are rarely willing to assume multiple mortgage risks for one person.  (High income/large down payment not with standing.) I prefer the one person rents option to option one.  The trouble with that is that it sounds like you are in better position to be the owner, and she has a higher emotional need to own.    If she is really interested in building equity I would recommend a 15 year or shorter mortgage.  Building equity in a 30 year is not realistic."}
{"_id": "60165", "title": "", "text": "Thanks for the cross-post.  I wrote this in response to a lot of questions on Quora, asking about Segwit and where the market was going. There are a ton of factors that could affect the market, but if I had to bet on the most likely outcome, this would be it."}
{"_id": "60166", "title": "", "text": "\"The cause of the increase in 2006-2011 was the financial crisis, where, if you recall, the global banking system came close to collapse for reasons that are well documented. Rightly or wrongly, gold is seen as a safe haven asset in times of crisis. The price of gold began to decline in 2011 when the markets decided that the risk of a global banking system collapse had passed without further incident. In the period leading up to 2006, the price of gold was in a flat-to-down trend because there was little net buying interest in gold and large gold sales had been executed by various central banks around the world who felt that gold no longer had a place in central bank reserves.   In modern economies gold is seen as a \"\"fringe\"\" asset.  It has no role to play.  The recent financial crisis may have dented that perception, but those dents are now being forgotten and the price of gold is returning to its long-term downward trend.  When the next financial/banking crisis is upon us, the price of gold will again (probably) rally.  The extent of the rally will depend on the extent of the crisis.\""}
{"_id": "60170", "title": "", "text": "Foot Locker is getting squeezed in two directions. They're getting pinched on price by online sales while losing the top end of the athletic market to boutique sporting goods stores. Foot Locker let's you try shoes on, that's the only thing their in store experience ads. There are several specialty stores in my area that have a well trained staff that offer good advice and fitting services that I'm more likely to buy athletic shoes from than Foot Locker."}
{"_id": "60174", "title": "", "text": "\"Just an add-on that I would argue CDO's were created much earlier, in the late 1960's, by newly created Ginnie Mae and Fannie Mae, and eventually Freddie MAc in some of the original mortgage bundling programs.  There were no private-label MBS's at the time, but the practice had already started well before the 80's.  Not trying to be a dick, but I think it's historically significant.  edit: To maybe double back a bit, I know that they were passing through mortgages, but I'm actually not sure how the securitization actually worked, (if they were technically \"\"collaterialized.\"\").\""}
{"_id": "60175", "title": "", "text": "If you've decided to ignore the sound advice re: oil company stocks, and you want something directly linked to the price of oil, do the following: Understand that oil producers would like avoid the risk of a price drop, and oil consumers (refiners, electric utilities, etc.) would like to avoid the risk of a price rise. Understand that you are about to assume their risk."}
{"_id": "60176", "title": "", "text": "And then there is the issue of people who actually don't intend to reduce the size of their loan. They only want to pay the interest, so their debt with the bank remains constant. If you are upside down, it means you will not have the financial means to remove the debt. If, for some reason, you are no longer able to pay the bank, you might lose the house. After that you will have no house, but you still have a debt with the bank."}
{"_id": "60186", "title": "", "text": "\"Can you give me evidence that HFT front running is happening? Better yet, can you tell me how, given current market structure, front running is even possible? Don't just tell me \"\"order types\"\" and \"\"faster\"\", because that doesn't directly lead to front running. In fact, why don't you start by defining what you think to be front running? I have a feeling that will clear up a lot of your apparent misunderstanding.  In the meantime, you're just regurgitating Flash Boys / CNBC hype.  Also, it's a fallacy to say that people \"\"believe\"\" in the mission of IEX simply because there's volume there. Market participants will connect to any liquidity source, based purely on their endless quest for more liquidity...  EDIT: By the way, being faster than someone is *not* front running. It's being faster than them. I want to make sure you understand this distinction before venturing into matters you're obviously *very* unfamiliar with.\""}
{"_id": "60227", "title": "", "text": "being prepared to take advantage of opportunities is also determined by luck. Did you get to choose who your parents were or how they brought you up, eventually defining your personality and therefore propensity to be prepared for opportunities?  No.  Did you get to choose what random events occurred around an opportunity, which modified your ability or propensity to act up on it? No.   The idea of 'success' depends on the idea of free will and the ability to overcome disadvantages, but you don't even need to rule out free will to see that ability itself is determined by luck.   Luck is all.   Read The Sirens of Titan by Vonnegut, it really solidified my thinking in this vein."}
{"_id": "60232", "title": "", "text": "Thanks for the huge insight. I am still a student doing an intern and this was given as my first task, more of trying to give the IA another perspective looking at these funds rather than picking. I was not given the investors preference in terms of return and risk tolerances so it was really open-ended.   However, thanks so much for the quick response. At least now I have a better idea of what I am going to deliver or at least try to show to the IA."}
{"_id": "60233", "title": "", "text": "\"I speak from a position of experience, My BS and MS are both in Comp Sci. I know very little about loans or finances. That is very unfortunate as you are obviously an intelligent human being.  Perhaps this is a good time to pause your formal education and get educated in personal finance.  To me, it is that important. I study computer science, and am thus confident that I will be able to find work after I finish school. This kind of attitude can lead to trouble.  You will likely have a high salary, but that does not always translate into prosperity.  Personal finance is more about behavior then mathematics.  I currently work with people that have high salaries in a low cost of living area.  Some have lost homes due to foreclosure some are very limited in their options because of high student loan balances.  Some are millionaires without hitting the IPO/startup lotto.  The difference is behavior. It's possible that someone in my family will be able to cosign and help me out with this loan. This is indicative of lack of knowledge and poor financial behavior.  This kind of thing can lead to strained relationships to the point where people don't talk to each other.  Never co-sign for anyone, and if you value the relationship with a person never ask them to co-sign. I'll be working as a TA again for a $1000 stipend. Yikes!  Why in the world would you work for 1K when you need 4K?  You should find a way to earn 6K this semester so you can save some and put some toward the loans you already acquired.  Accepting this kind of situation \"\"raises red flags\"\" on your attitude towards personal finance.  And yes it is possible, you can earn that waiting tables and if you can find a part time programming gig you can make a lot more then that.  Consider working as a TA and wait tables until you find that first programming gig. I am just about done with my undergraduate degree, and will be starting graduate school at the same university next semester. To me this is a recipe for failure in most cases.  You have expended all your financing options to date and are planning to go backwards even more.  Why not get out of school with your BS, and go to work?  You can save up some of your MS tuition and most companies will provide tuition reimbursement.   Computer Science/Software Engineering can be a fickle market.  Right now things are going crazy and times are really good.  However that was not always the case during my career and unlikely for yours.  For example, Just this year I bypassed my highest rate of pay that occurred in 2003.  I was out of work most of 2004, and for part of 2005 I actually made less then when I was working while in college.  In 2009 my company cut our salaries by 5%, but the net cost to me was more like a 27% cut.  In 2001 I worked as a contractor for a company that had a 10% reduction in full time employees, yet they kept us contractors working.   Recently I talked with a recruiter about a position doing J2EE, which is what I am doing now.  It required a high level security clearance which is not an easy thing to get.  The rub was that it was located in a higher cost of living area and only paid about 70% of what I am making now.  They required more and paid less, but such is the market.  You need to learn about these things! Good luck.\""}
{"_id": "60238", "title": "", "text": "I've been in the workforce for a little over 20 years. This sounds like one of the situations that starts out as a nice little bonus, but ends with me holding the bag and wishing I never would've gotten involved."}
{"_id": "60247", "title": "", "text": "\"Investors aren't \"\"job creators\"\" ... they're job *haters*.  The top folks cannot think past one business quarter, so they hate wages and increasing wages to get their jobs done.  It will only change when someone realizes they are losing the race because they don't want to buy the gear they need.  And they do need it.  Companies don't need better investment advisors or magic business consultants to worship.  They need workers.  Sadly ... they are told by the expensive consultants that paying for the latter is always the problem.\""}
{"_id": "60255", "title": "", "text": "Its more important to me that people who make more than me are villianized than to do some simple math and see that articles decrying executive pay is a red herring designed to pit the rich, middle class, and poor against each other."}
{"_id": "60261", "title": "", "text": "\"You do not say what country you are in. This is an answer for readers in the UK. Most normal balance transfer deals are only for paying off other credit cards. However there are \"\"money transfer\"\" deals that will pay the money direct to your bank account. The deals aren't as good as balance transfer deals but they are often a competitive option compared to other types of borrowing.  Another option depending on how much you need to borrow and your regular spending habits is to get a card with a \"\"0% for purchases\"\" deal and use that card for your regular shopping, then put the money you would have spent on your regular shopping towards the car.\""}
{"_id": "60278", "title": "", "text": "True, but I don't think that's our only problem. It's a complicated issue, but we've seen the militarization of police, many people fear the police too much to report serious crimes (which might be reformable, but not if Internal Affairs corruption is anyone's idea of reform). Both of these issues stem from a fundamental lack of respect for the populace at large on the police's behalf, a natural response to seeing society's worst day in and day out.   There's also the benefit of having one more level to escalate your issues up. If the insurance company doesn't issue a fair decision, the courts may, and while a police officer doesn't have a legal duty to protect and serve (http://www.nytimes.com/2005/06/28/politics/28scotus.html?_r=0), an insurance company has a contract and a service you paid. Also, though I'm not sure how relevant it is in the insurance industry, companies are competing with each other and thus have an incentive to report their competitor's illegal activity, unlike the blue code of silence.   These problems may be fixable, but they certainly are not easily so."}
{"_id": "60281", "title": "", "text": "It's not so much about time but about intent.  If your intent is to move there permanently, it would be when you arrive in the state for the purposes of living there (i.e. not from a while before that when you went to check a place out or for an interview).  I believe that most (if not all) states expect you to get a Driver's License from that state within 30-days of moving there. Something like a Driver's License or State ID would be proof of your residency.  These things vary greatly from state to state, so you'd have to research particular states.  Or find someone who's done that already. A bit of searching, specifically for Texas, brought me to this forum thread: If you / he wish to establish residency here -- here being Texas -- get a Texas Driver's License and Voter Registration here. Government issued ID with a Texas address is pretty much bulletproof defense against being found to be a resident of elsewhere. Your battle, if there is one, will not be with Texas, but with your present home of record state and/or local government if there are income taxes associated with having been a resident there during the tax year. Which brings up the other question: You would need to make sure that California does not have some provision that would cause you issues.  (This isn't so much a case of income from a company in the state as it about capital gains, but it is still prudent to check.)"}
{"_id": "60282", "title": "", "text": "\"Do you guys think it's a good idea to put that much down on the car ? In my opinion, it depends on a lot of factors.  If you have nothing to pay, and are not planning to invest in something that cost a lot soon (I.E an house, etc). Then I see no problem in put \"\"that much down on the car\"\". Remember that the more you pay at first, the less you will pay interest on. However, if you are planning on buying something big soon, then you might want to pay less and keep moneys for your future investment. I would honestly not finance a car with the garage as I find their interest rate to high. Possibilities depends a lot of your bank accounts, but what I would personally do is pay it cash using my credit margin with the bank which is only 2.8% interest rate. Garage where I live rarely finance under 7% interest rate. You may not have a credit margin, but maybe you could get a loan with the bank instead ? Many bank keep an history of your loan which will get you a better credit name when trying to buy an home later. On the other side, having a good credit name is not really useful in a garage. What interest rate is reasonable based on my credit score? I don't think it is possible to give a real answer to this as it change a lot around the world. However, I would recommend to simply compare with the interest rate asked when being loan by the bank.\""}
{"_id": "60284", "title": "", "text": "One of the most useful ways to depict Open, High, Low, Close, and Volume is with a Candlestick Chart. I like to use the following options from Stockcharts.com: http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=3&dy=0&id=p57211761385"}
{"_id": "60287", "title": "", "text": "Are you in search of the top Cosmetic Aesthetic Dentistry In Kurla West then visit Arpan Dental clinic which is best laser, implant and cosmetic dental clinic. Arpan Dental clinic also practice advanced dental techniques to protect, maintain, improve and create beautiful smiles. To know more, Explore the full Article."}
{"_id": "60290", "title": "", "text": "\"I think Feral Oink said it well here when someone asked if they should negotiate for additional benefits in lieu of a portion of salary. \"\"You never want to take a lower salary, especially not in exchange for something that is conditional e.g. benefits. Your salary is the only thing that is guaranteed as a condition of employment. Other things can be changed by the employer at a future point in time.\"\" Does it make sense to take a lower salary so I can still contribute to a Roth IRA?\""}
{"_id": "60291", "title": "", "text": "No but from what I remember, they didn't label this pink slim at all when they sold it.  The example I gave is from a recent one as from what I remember about this, they were tossing meat in a dryer with ammonia to break down scraps to re-purpose later.  They weren't required to label anything they sold as what they did and it was misleading to consumers and many people wouldn't approve of the process they used to obtain the meat.  It's a lot like meat products bought in the US and being labeled as US products but the cattle is killed in the US, shipped to China for processing then back to the US for labeling and resale."}
{"_id": "60293", "title": "", "text": "Single payer is simply meaning you pay one outlet for your care.  So I go to ER and have surgery with overnight stay. I would have 10 or so different bills under the current system or with single payer one bill with the details.  With out considering left or right leaning, just seems easier.   What is the negative to that?   I have been involved in the IT side of insurance for a long time and a considerable portion of the expenses are just for all the different parties to track billing."}
{"_id": "60300", "title": "", "text": "Quite a bit as in, $100K+? If you're a sole operator, not sure what constitutes a real likelihood that a risk of liability will materialize, and in need of a lot of up front financing, I am genuinely concerned that you're going to a lay a giant egg on this one. What is it your business is going to be doing? I don't really want to give a free consultation, but I'm worried you're either misunderstanding something or about to make a mistake, and I don't want to see that happen."}
{"_id": "60314", "title": "", "text": "Wikipedia is your friend: http://en.wikipedia.org/wiki/List_of_stock_exchanges"}
{"_id": "60327", "title": "", "text": "Wobbly legs in boxing means he about hit the mat. In MMA, it looks more gruesome because of all the blood, but in boxing, by time someone is to the point McGregor was, he was getting brain damaged.  He 'gassed out' starting at the beginning of round 4. His arms were noodles in round 5.   Unless you wanted McGregor to risk being stupid, punishment needed to stop when it did."}
{"_id": "60345", "title": "", "text": "I've had fairly extensive experience using Entropay, with a few hiccups along the way. I suspect your transaction or repeated top-ups has been flagged as 'suspicious' activity. Read: potentially fraudulent or money laundering.  You've also tried to buy expensive electronic goods, a common use of fraud/laundering. Finally, Entropay does NOT provide address validation. Again, with laptops being a common use for fraud, it is more than likely Lenovo attempted to do an address validation on your card details, which failed and may have led to the hold. How to resolve it? You will probably need to provide documentation to Entropay including proof of identity and where you live."}
{"_id": "60355", "title": "", "text": "This article uses the kind of evaluation that has screwed up this country's businesses for years.  I don't care about the short term stock gains, we should be looking at long term investing and whether the CEO has the vision to lead the corporation into the future, not whether he decided to shut down a factory because it lead to a one time tax bonanza."}
{"_id": "60356", "title": "", "text": "\"Companies \"\"make\"\" sales. The receivable from those sales are typically and commonly referred to as *\"\"money\"\"*.  In that respect, when a company makes sales, they make money.  Whether or not they are realizing a profit from those sales, is entirely different.  There's a huge distinction between a company that is generating no sales, and a company that is generating no profit.\""}
{"_id": "60373", "title": "", "text": "If you are looking for more details and information on DUI Attorney Wall, NJ and Divorce Wall, NJ then please visit our website. To look at most divorce attorney Wall, NJ cases and custody hearings, you would think that there\u2019s nothing an attorney Wall, NJ can do, that the courts always side with the woman."}
{"_id": "60378", "title": "", "text": "what are you talking about, the wealthy are not just tied to money. Alot of it is assets, physical metals, and properties  currency switches happen every 40 years or so btw, which is the case lately in the past couple of centuries."}
{"_id": "60379", "title": "", "text": "\"Looking at the list of bonds you listed, many of them are long dated. In short, in a rate rising environment (it's not like rates can go much lower in the foreseeable future), these bond prices will drop in general in addition to any company specific events occurred to these names, so be prepared for some paper losses.  Just because a bond is rated highly by credit agencies like S&P or Moody's does not automatically mean their prices do not fluctuate. Yes, there is always a demand for highly rated bonds from pension funds, mutual funds, etc. because of their investment mandates. But I would suggest looking beyond credit ratings and yield, and look further into whether these bonds are secured/unsecured and if secured, by what. Keep in mind in recent financial crisis, prices of those CDOs/CLOs ended up plunging even though they were given AAA ratings by rating agencies because some were backed by housing properties that were over-valued and loans made to borrowers having difficulties to make repayments. Hence, these type of \"\"bonds\"\" have greater default risks and traded at huge discounts. Most of them are also callable, so you may not enjoy the seemingly high yield till their maturity date. Like others mentioned, buying bonds outright is usually a big ticket item. I would also suggest reviewing your cash liquidity and opportunity cost as oppose to investing in other asset classes and instruments.\""}
{"_id": "60405", "title": "", "text": "&gt;People with demanding, manual labor jobs (probably the only way to get enough calories for that kind of work -- none of them were fat)   Most men can eat 2300-2500 calories in a day with out much exercise, and a Whopper is a whole 660 calories. Most sandwiches at any chain restaurant are more than that. Not one salad at Applebees is less than 1000 calories. People have no idea what their calorie intake is."}
{"_id": "60425", "title": "", "text": "\"The way I see it: Survival of the fittest. In the beginning weren't there a LOT of nearly similar sites? There was competition but they died out. Before there was only Google, there was MSN and Yahoo and more BUTT they died out. The only way break this alleged \"\"monopoly\"\" is if there will be others who could provide even better services than these giants.\""}
{"_id": "60441", "title": "", "text": "The big difference for me is that my contribution thorough a cafeteria plan also skips Social Security and Medicare taxes. That is a 6.2% (SS) + 1.45% (Medicare) tax on those contributions if done outside a cafeteria plan. Some companies make a contribution to a the HSA. If you handle your contributions outside of their channels they may see you as a non-participant, and not make any matching contributions. You might have to put a minimum amount into the company setup HSA.  The non-company HSA may also charge fees that the company one doesn't. Regarding the taxes: If you contribute $3,000 to the HSA via post tax, your paychecks would have had an extra $229.50 paid into social security/Medicare. There is no mechanism to get this refunded."}
{"_id": "60443", "title": "", "text": "Rich tax evaders are entitled leeches who claim extraordinary results enabled by their community/city/state/republic as wholly their own.  They violate the social contract that asks members to pay their share of the cost, as determined by tax code, for public goods they enjoy.  They refuse to contribute toward improvement and maintenance of infrastructure that magnify fruits of labor and investment.  If they find fault with the way the military is run, they should get politically involved.  If they just don't want to pay taxes, they should move elsewhere and renounce their US citizenship.  I don't see what's heroic about tax evaders."}
{"_id": "60446", "title": "", "text": "You're asking three different things: What is the fastest way, what is the cheapest way and what is the easiest way.  You will not find one method that is all three at once. The fastest way is a wire transfer.  The cheapest way that I've encountered is a foreign exchange service like XE.  The easiest way is probably Paypal since the money is already in Paypal."}
{"_id": "60453", "title": "", "text": "I think it would be good to familiarize yourself with the market in the subject building's area and convey that knowledge. What is a typical cap rate for the area? Comparable sales? Any new employers coming into the area that affect the local economy in a positive way?"}
{"_id": "60459", "title": "", "text": "\"Warren Buffett pointed out that if you set 1 million monkeys to flipping coins, after ten flips, one monkey in about 1,000 (1,024) actually, would have a \"\"perfect\"\" track record of 10 heads. If you can double your money every three to five years (basically, the outer limit of what is humanly possible), you can turn $1,000 into $1 million in 30-50 years. But your chances of doing this are maybe those of that one in 1,000 monkeys. There are people that believe that if Warren Buffett were starting out today, \"\"today's version\"\" could not beat the historical version. One of the \"\"believers\"\" is Warren Buffett himself (if you read between the lines of his writings). What the promoters do is to use the benefit of hindsight to show that if someone had done such-and-such trades on such-and-such days, they would have turned a few thousand into a million in a few short years. That's \"\"easy\"\" in hindsight, but then challenge them to do it in real time!\""}
{"_id": "60470", "title": "", "text": "Aside from what else has been said, the stock market does not equal the real economy, so putting some trendline over the S&amp;P time series tells us nothing when recessions (though ultimately decided upon by NBER's methodology) generally coincide with &gt;= 2 consecutive quarters of GDP contraction."}
{"_id": "60486", "title": "", "text": "\"On a longer time scale, the plot thickens:  It almost looks random.  A large drop in real rates in the mid-70s, a massive spike in the early 80s, followed by a slow multi-decade decline. The chaos doesn't seem to be due to interest rates.  They steadily climbed and steadily fell:  All that's left is inflation:  First, real rates should be expected to pay a moderate rate, so nominal rates will usually be higher than inflation. However, interest rates are very stable over long time periods while inflation is not.  Economists call this type of phenomenon \"\"sticky pricing\"\", where the price, interest rates in this case, do not change much despite the realities surrounding them. But the story is a little more complicated. In the early 1970s, Nixon had an election to win and tried to lessen the impacts of recession by increasing gov't spending, not raising taxes, and financing through the central bank, causing inflation.  The strategy failed, but he was reelected anyways.   This set the precedent for the hyperinflation of the 1970s that ended abruptly by Reagan at the beginning of his first term in the early 1980s.  Again, interest rates remained sticky, so real rates spiked. Now, the world is not growing, almost stagnating.  Demand for equity is somewhat above average, but because corporate income is decelerating, and the developed world's population is aging, demand for investment income is skyrocketing.   As demand rises, so does the price, which for an investor is a form of inverse of the interest rate. Future demand is probably best answered by forecasters, and the monetarist over and undertones still dominating the Federal Reserve show that they have finally learned after 100 years that inflation is best kept \"\"low and stable\"\":  But what happens if growth in the US suddenly spikes, inflation rises, and the Federal Reserve must sell all of the long term assets it has bet so heavily on quickly while interest rates rise?  Inflation may not be intended, but it is not impossible.\""}
{"_id": "60495", "title": "", "text": "Imagine a stock where the share price equals the earnings per share.  You pay say $100 for a share. In the next year, the company makes $100 per share. They can pay a $100 dividend, so now you have your money back, and you still own the share. Next year, they make $100 per share, pay a $100 dividend, so now you have your money back, plus $100 in your pocket, plus you own the share. Wow. What an incredible investment."}
{"_id": "60501", "title": "", "text": "However, we don\u2019t need to and we haven\u2019t removed power from the government for this solution.  We have removed lobbying rights for certain special interests.  I think that is important to note.    The government isn\u2019t malicious.  It just needs adjusted, realigned, maybe having some fat trimmed off.  In some cases it may require more power.  Every issue should have solutions suggested on a case by case basis.  No need to throw the baby out with the bath water."}
{"_id": "60507", "title": "", "text": "Well, there has to be a compromise, that's for sure. But surely you would agree that the people who take the lion's pie of the risk should also take the lion's pie of the profits. Just because one of their companies has turned profitable, it does not follow that somehow other stakeholders should now deserve a bigger piece of the pie. These shareholders probably have stakes in hundreds of other companies that failed, they lost their money, but the employees and executives there got paid, right? Well, you win some, you lose some. But again, when you take most of the risk, you have to take most of of the profits, because from an individual's perspective, you need to have a positive EV from all your investments on average, otherwise you wouldn't invest at all.  Do you think that this would be better for all those workers?"}
{"_id": "60508", "title": "", "text": "\"The following is from Wikipedia - Term life insurance (with very minor editing) Because term life insurance is a pure   death benefit, its primary use is to   provide coverage of financial   responsibilities, for the insured.   Such responsibilities may include, but   are not limited to, consumer debt,   dependent care, college education for   dependents, funeral costs, and   mortgages. Term life insurance is   generally chosen in favor of permanent   life insurance because it is usually   much less expensive (depending on the   length of the term). Many financial   advisors or other experts commonly   recommend term life insurance as a   means to cover potential expenses   until such time that there are   sufficient funds available from   savings to protect those whom the   insurance coverage was intended to   protect. For example, an individual   might choose to obtain a policy whose   term expires near his or her   retirement age based on the premise   that, by the time the individual   retires, he or she would have amassed   sufficient funds in retirement savings   to provide financial security for   their dependents. This suggests the questions \"\"why do you have this policy?\"\" also \"\"how many term life policies do you need?\"\" or \"\"how much insurance do you need?\"\" Clearly you will be better off investing the premiums in the market.  Your beneficiaries may be better off either way (depends when you die and to a lesser extent on market performance). If you are not able to retire now but expect to be able to later, you should strongly consider having sufficient insurance to provide income replacement for your spouse.  This is a fairly common why.\""}
{"_id": "60528", "title": "", "text": "\"How can you dismiss this argument as political?  That's not even a consideration when thinking about this.  I think this based on what I've read--you keep saying \"\"look at the government data\"\"--what the hell kind of vague BS is that?    For example, Seth Klarman in his book \"\"Margin of Safety\"\" talks about the dangers of deregulation from an investment point-of-view.    Perhaps even better, James Montier in \"\"Value Investing\"\" has pages and pages and data that show a clear pattern of widespread deregulation and the following bust.    Going back to the late 80s S&amp;L crisis, you do realize that banks were't able to invest in such speculative securities prior to the Depository Institutions Deregulation and Monetary Control Act, right?\""}
{"_id": "60529", "title": "", "text": "This is the damaged goods (https://en.wikipedia.org/wiki/Crippleware) setting in economics. It makes perfect sense from the manufacturing point of view, since is damn expensive to have lines dedicated for different products.  I don't know if I agree with it, but it is good business to do so. Is the same principle of paying more to have a better seat in an airplane, is the same service but with better conditions and service."}
{"_id": "60533", "title": "", "text": "I think a lot of it is our spending and the things and services we now consider needed or at least normal. Our grandparents didn't have cell phones, cable, xboxes, organic food, laptops, DSL service, 2 cars per family, yearly vacations to Europe, aging parents (and grandparents), day care, 3D movies.. I could go on and on. Cut all that stuff out and you could probably live on one middle class salary."}
{"_id": "60540", "title": "", "text": "\"&gt; but the invasion of Iraq was, by definition, a military venture intended to overthrow their leader and change the regime.  No, it was a government venture using the military as a tool. But even if it were a military venture, you would be right - the invasion was, not the occupation and attempt to stabilize/rebuild. That was a joint venture.  &gt;The US military acts for the US government, as do other departments and to muddle the question by listing departments is to miss the point \u2013 which is privatization of government functions, be they military or just involved in military ventures.  Painting the construction of a school, built by Iraqi contractors, directed by the State Department, and funded through USAID as a \"\"military venture\"\" is absurd.  &gt;If the contractors weren\u2019t really required but were hired anyway\u2026.I don\u2019t know how that\u2019s defended.  Of course that occurred. The government is incredibly wasteful. An example that actually involved security contractors is the one I already gave. 10 Ugandans to stand around a checkpoint (1 or 2 of them lazily checking the drivers credentials or slowly walking around the vehicle pretending they know what they are looking for), another 2 to standby for whatever, and the last 6-7 to literally do nothing. The same job can be done by 2 U.S. personnel.  So you have +8 bodies, +192 manhours per day, but you have a net cost decrease. That's why it was done, and that's why the total personnel count in and of itself does not tell much of a story.\""}
{"_id": "60549", "title": "", "text": "Huh? You reserve your room just like Airbnb and then check in anytime. Most big hotels have a desk staffed 24/7. With Airbnb you and the host have to prearrange a time. And if you're late and the host has somewhere else to be...  Lucky hosts we had were understanding and left the key under the mat."}
{"_id": "60556", "title": "", "text": "I think you don't understand the Boston area.  Sure Boston has tight roads, but only certain areas.  The seaport is pretty much a grid now.  Also, Amazon most likely won't be building a campus in any city center.  Whether they go to Toronto or Pittsburg or Austin, they will be building on the outskirts of the city or a place where there is land.  Even Austin doesn't have land right in the downtown.  Boston is like the city center of all those other cities.  You could build an entire campus from the ground up 15 miles from the center of Boston and not need to deal with traffic or tight roads or any issues you mentioned.  I mean, they're building a Wynn casino 3 miles from the city center.  Boston is a tiny land area.  If you plopped the land area of Toronto on Boston it would encompass a ton of towns that aren't boston.  And as for the location away from Seattle.  My assumption is that they want a second headquarters not near their old one.  Having an operations base on both coasts makes sense.  I don't know what their criteria are, but Boston and the greater Boston area has pretty much everything they would want.  Especially access to talent."}
{"_id": "60557", "title": "", "text": "I work from home when I'm not on the road. I don't think I could go back to a desk job. Trust your employees to have discipline and do a good job and you will be rewarded. Those who abuse the system will be weeded out naturally."}
{"_id": "60562", "title": "", "text": "\"Here we go again! Why, oh why, would someone just open a bank account in your name with that much money for no good reason?  Unless there's a very rich relative in your family tree, this can not come to a good ending.  Besides, if this was money being left to you by someone as part of an inheritance, you'd hear from attorneys from the estate. Notwithstanding everything @NickR posted about the details of what makes it suspicious, ask yourself why a banker would contact you by email about an account with this much money in it.  The bank would, at the very least, send you a registered/certified letter on official stationery.   So what happens here is when you give them your banking information, whoever it is that's doing this will clean out your account, and that's for starters.   They will ask for enough information to steal your identity too, and if you have good credit, that'll be gone in a heartbeat. The best scams (meaning the most successful ones) always appeal to peoples' greed, using large amounts of money that just miraculously belong to the victim, if only they'd give a little information to \"\"transfer\"\" the money.   Worse yet, most of these scams will come up with some kind of \"\"fee\"\", \"\"tax\"\" or other expense that you have to pre-pay in order to make the transfer happen, so this just adds insult to injury when you find out (the hard way!) you've been scammed. DO NOT reply to the email you received or, if you already have, don't send any more responses.  If they think they may have you on the hook then they won't stop trying, and it will become very messy very quickly. THIS IS NOT REAL MONEY!  It isn't yours, it doesn't really exist, and all it will do is come to no good end if you go any further with it. Stay safe, my friend.\""}
{"_id": "60590", "title": "", "text": "You need to give specific dates! In the United States, you have three years to file an amended tax return. https://www.irs.gov/uac/Newsroom/Ten-Facts-about-Amended-Tax-Returns Did the restaurant fail in 2012? If so, that's probably the year to take the loss. If you need to amend your 2012 return, which you filed in 2013, you should have until 2016 to file this. The exact date may be based on when you filed 2012 taxes!"}
{"_id": "60591", "title": "", "text": "\"No because he is simply wrong. He wants to play around with definitions of intelligence to prove his point which is a big sign that just says bullshit. If he wants to get pedantic about the entire thing he should say \"\"verbal intelligence\"\" which even then is a dubious and still heavily debated claim. \"\"Intelligence\"\" is, at the very least, positively correlated with income.\""}
{"_id": "60596", "title": "", "text": "\"I hate to break it to you, but we have had this little thing called \"\"white flight\"\" since Eisenhower was president.  Most American cities are now burnt out ghettos.  People with high income potential don't want to live in them.  It has nothing to do with wealthy assholes.  Gangster thugs and the CIA have deliberately destroyed the tax base, because no one with any sense at all wants to be anywhere near them.\""}
{"_id": "60597", "title": "", "text": "We have a ton of student loan debt (mostly mine) and right now, I'm on a strict 'replace' only budget.  I have some shirts I put elbow holes in that I'm only keeping around as a reminder to replace them.  I wait until there is a deal of some sort (50% off or BOGO Free) unless I really need it - a white dress shirt for job interviews for instance. Outside of that, make it a line item in your budget and decide when you will spend it. For example, budget $60/mo for it, but only spend it when it reaches $180 or $300 or either of those amounts AND a sale (memorial day is the next big shopping sale after Easter).  It is totally up to you. Waiting to replace two shirts (gray and green) and a pair of black dress pants."}
{"_id": "60623", "title": "", "text": "It is important to understand that when or before you received services from your medical provider(s), you almost certainly signed a document stating that you understand that you are fully responsible for the entire bill, even though the provider  may be willing to bill the insurer on your behalf as a service. In almost all cases, this is the arrangement, so it is very unlikely that you will be able to dispute the validity of the bill, since you did receive the service and almost certainly agreed to be fully responsible for the payments. With regard to the discounts, your medical provides have likely contracted with your insurer to provide services at a certain price or discount level, so I would base all of your negotiations with the providers and/or the collectors on those amounts. They can't legitimately bill you for the full amount since you are insured by a company they have a contract with, and you are not self-pay/uninsured, and the fact that they haven't been paid by your insurer doesn't change that, because the discount likely depends on the contact they have with your insurer and not whether or not they are billed/paid by your insurer. Please note - this is a common arrangement, but I'd recommend that you verify this with your insurer. Unfortunately, payment in 90+ days is often typical by insurance standards, so it's not yet clear to me whether or not your insurer has broken any laws such as a Prompt Pay law, or violated the terms of your policy with them (read it!). However, you need to find out which claims rep/adjuster is handling your claims and follow up with them until the payments are made. It's not personal, so make this person's life miserable until it is done and call them so often that they know it's you by the caller ID. I would also recommend contacting the collector(s), and letting them know that you don't have the money and so will not be able to pay, provide them with copies of the EOBs that state that the insurance company plans to pay the providers, and then ignore their calls/letters until the payments are made. When they call, simply reiterate that you don't have the money and that your insurance company is in the process of paying the bills. You have to expect that you will be dealing with a low-paid employee that is following a script. You are just the next person on their robo-call list, and they are not going to understand that you don't have a pile of money laying around with which to pay them, even if you tell them repeatedly. Make sure that you at no point give them access to any of your financial accounts, such as a checking or savings account, or a debit card - they will access it and clean you out. It is likely that your insurance provider will pay the providers directly since they were likely billed by the providers originally. If the providers have sold the debt to the collectors (and are not just employing a collector for debt they still own), you may have to follow up with the providers as well and make sure that the collection activity stops, since the providers may also need to forward the payments to the collectors once they are paid by the insurance company. Of course, if the insurer refuses to pay the claims, at that point I would recommend meeting with a lawyer to seek to force them to pay."}
{"_id": "60637", "title": "", "text": "I think that was the initial theme of the thread in the other comments. If they are losing the game on pricing which they are to online retailers. They need to excel where they can which is service (the most popular gripe on reddit is the moster cables/employees who dont know anything) they can fix this easy by not hiring morons or normal smart people and forcing them to lie and stop scamming the few customers they have. This is where circuit city failed. They fired the smart commission employees replaced them with cheap salesbots 3000 and they lost the customers they had to online. Best Buy is just a rinse and repeat of this."}
{"_id": "60652", "title": "", "text": "\"I have done several days of additional research on this and found out that it appears I can deduct the cost of the books against a single year's royalty income by claiming a Section 179 deduction. The steps are as follows: (1) Write the maximum amount of property you can claim under section 179 on line 1 of Form 4562. (2) Add up the total cost of section 179 property you began using during the tax year, including books, and record the amount on line 2. (3) Write the limit of your deductions on line 3. (4) Subtract the amount on line 2 from the amount on line 3 and record it on line 4. If line 3 is larger than line 2, simply write \"\"0\"\" on line 4, then subtract the amount on line 4 from the amount on line 1 and record on line 5. Step 5 (5) Describe the property and books on line 6 and record the cost of each in section b. Write the amount of the expense you are claiming for each item in section c of line 6. You can claim the entire cost of the books. (6) Add the amount in line 6 c to any amounts on line 7 and write the total on line 8. Write either the amount on line 8 or the amount on 5 on line 9, depending on which is smaller. (7) Write the amount of your Schedule C income on line 11, unless it is greater than $500,000. On line 12, write the amount of your deduction, which is the total of line 9 plus any carry-over you may have had from the previous year. (8) Record the amount of your deduction for section 179 books and property on line 13 of your Schedule C, not line 22. Include form 4562 when you hand in your tax return. source: \"\"How to Deduct Books for Self-Employed\"\" by Emily Weller\""}
{"_id": "60663", "title": "", "text": "So are you saying property rights in these struggling African countries are lacking then? I'm just curious what your opinion is. I do believe property rights do give people an unparalleled incentive to improve the things around them, since they feel ownership"}
{"_id": "60688", "title": "", "text": "In many countries it is a legal requirement or in some other way mandatory for the banks to ban the owner(s) of an account to allow a third party to use the account. In some countries if you willing give someone access in this way you get no compensation what so ever and you'll be lucky if they catch the crooks and even luckier if you get any of your money back. Don't forget the possibility of jail time due to the criminal activities going on under your name."}
{"_id": "60699", "title": "", "text": "The problem with the cash value is that it's really slow to accumulate. For the first many years you'll just be paying premiums which are front loaded until the insurance company gets their money back. Whole life is NOT an investment, regardless of what your 'advisor' says. It's insurance, and expensive insurance at that."}
{"_id": "60720", "title": "", "text": "The Avalanche method does not work because most people don't have enough money to make an avalanche.  If you somehow had a windfall that was greater or equal to your highest credit card balance, then by all means pay that one off.   However, most people do not have that kind of situation.  Instead they should use the debt snow ball method.  They only have regular income that is typically much smaller then the balances. Another part of your plan that is especially troubling is that you are continuing to utilize credit cards.  You need to cut them up, and stop using them.  First of course save $1000 for a small emergency fund, the pay them off smallest to largest.  Do a budget each and every month.  Work an extra job or three.  Any extra money that hubby brings in goes towards one of the credit cards. BTW you don't have a math problem you have a behavior problem."}
{"_id": "60728", "title": "", "text": "As you mentioned in the title, what you're asking about comes down to volatility.  DCA when purchasing stock is one way of dealing with volatility, but it's only profitable if the financial instrument can be sold higher than your sunk costs.  Issues to be concerned with: Let's suppose you're buying a stock listed on the NYSE called FOO (this is a completely fake example).  Over the last six days, the average value of this stock was exactly $1.00Note 1.  Over six trading days you put $100 per day into this stockNote 2: At market close on January 11th, you have 616 shares of FOO.  You paid $596.29 for it, so your average cost (before fees) is: $596.29 / 616 = $0.97 per share Let's look at this including your trading fees: ($596.29 + $30) / 616 = $1.01 per share. When the market opens on January 12th, the quote on FOO could be anything.  Patents, customer wins, wars, politics, lawsuits, press coverage, etc... could cause the value of FOO to fluctuate.  So, let's just roll with the assumption that past performance is consistent: Selling FOO at $0.80 nets: (616 * $0.80 - $5) - ($596.29 + $30) =  $123.49 Loss Selling FOO at $1.20 nets: (616 * $1.20 - $5) - ($596.29 + $30) =  $107.90 Profit Every day that you keep trading FOO, those numbers get bigger (assuming FOO is a constant value).  Also remember, even if FOO never changes its average value and volatility, your recoverable profits shrink with each transaction because you pay $5 in fees for every one. Speaking from experience, it is very easy to paper trade.  It is a lot harder when you're looking at the ticker all day when FOO has been $0.80 - $0.90 for the past four days (and you're $300 under water on a $1000 portfolio).  Now your mind starts playing nasty games with you. If you decide to try this, let me give you some free advice: Unless you have some research (such as support / resistance information) or data on why FOO is a good buy at this price, let's be honest: you're gambling with DCA, not trading. END NOTES:"}
{"_id": "60737", "title": "", "text": "\"According to the IRS, it appears there is no issue in a spouse under EE or EE+Child(ren) coverage contributing to an FSA while you contribute to an HSA under an EE Only HDHP account: https://www.irs.gov/pub/irs-drop/rr-05-25.pdf \"\"In Situation 1, H has HDHP self-only coverage and no other health coverage, is not enrolled in Medicare and may not be claimed as a dependent on another taxpayer\u2019s return. Although W has non-HDHP family coverage, H is not covered under that health plan. H is therefore an eligible individual as defined in section 223(c)(1). The special rules for married individuals under section 223(b)(5) do not apply because W\u2019s nonHDHP family coverage does not cover H. Thus, H remains an eligible individual and H may contribute up to $2,000 to an HSA (lesser of the HDHP deductible for self-only coverage or $2,650) for 2005. H may not make the catch-up contribution under section 223(b)(3) because H is not age 55 in 2005. W has non-HDHP coverage and is therefore not an eligible individual.\"\" Some more information directly from IRS form 969 published for 2015 tax returns: https://www.irs.gov/pub/irs-pdf/p969.pdf Qualifying for an HSA To be an eligible individual and qualify for an HSA, you must meet the following requirements. You must be covered under a high deductible health plan (HDHP), described later, on the first day of the month. You have no other health coverage except what is permitted under Other health coverage, later. You are not enrolled in Medicare. You cannot be claimed as a dependent on someone else's 2015 tax return. Under the last-month rule, you are considered to be an eligible individual for the entire year if you are an eligible individual on the first day of the last month of your tax year (December 1 for most taxpayers). If you meet these requirements, you are an eligible individual even if your spouse has non-HDHP family coverage, provided your spouse's coverage does not cover you.\""}
{"_id": "60750", "title": "", "text": "The numbers you have quoted don't add up. For Rs 30,000 / month is 3,60,000 a year. The tax should be around 11,000 again this will be reduced by the contributions to PF. You have indicated a tax deductions of 18,000. There are multiple ways to save taxes. Since you are beginner, investments into section 80C should give you required tax benefits. Please read this article in Economic Times"}
{"_id": "60777", "title": "", "text": "Cars are not houses.  The comparison is apples to oranges.   Bad car loans actually can be good business for car dealers.  When someone defaults on their car loan they very quickly lose the car.  That car is then resold.   Default on a home loan and you don't even have to leave the house, and there is no way for them to take the house back from you.  It often takes a year or two for the bank and lawyers to get you kicked out of the house.   A car however is on wheels, it can easily be moved and taken back.  This article is some poorly researched 'sky is falling' click-bait."}
{"_id": "60793", "title": "", "text": "Save a little if you want but pay most of your way through college if you can.  Debt sucks bad and I try to avoid as little as possible.  I'm willing to bet that any money you invested while in school would be trumped by a only a few hours of overtime once you're out of college and making money (assuming you've chosen a path that is valuable today and through most of your future).  I worked full time and attended school full time when I was in college..those 3-4 hour nights of sleep were worth it not that I see people paying $1k/month for the next 10 years on loans... assuming you can handle it."}
{"_id": "60803", "title": "", "text": "Your employer pays the expected (but estimated) taxes for you. So the chances are you don't own more; but that might be different if you have other sources of income that he doesn't know about (interest on savings or a side-job or whatever). Also, you could have deductions that reduce the taxes you owe, which he again doesn't know, so you overpay. If you don't file, you don't get them back. Most tax software companies offer free usage of their tool for standard filings, and you can use it to find out your tax situation, and then buy the tool only when you want to file. If you use one of those, you can type in all your data, and depending on the result, decide to buy it and file right away. Note that if it turns out you owe taxes, you must file (and pay), but of course you can do it manually instead of buying the tool. If it turns out you get money back, it is your decision to file - you probably don't care for a small amount, but if you get 1000 $ back, you might want to file - again, buying the software of doing it manually."}
{"_id": "60817", "title": "", "text": "One more thing to favor the card. Extended warranty, or damage coverage. An iPad, if dropped on a hard surface, stands a good chance of breaking. Apple isn't going to cover that, as it's not a defect. Many credit cards offer free coverage for breakage of this type as well as doubling the warranty up to a year. This second year of coverage is worth about 10% of the item cost.  To be clear, I'm talking about running the expense through a card and paying in full, some call it credit no different than those who carry a balance month to month and pay 18% interest. I believe if I have the money to spend on an item, and use the card to get that coverage along with the benefits others posted, it's a convenience, nothing more. Some people who use certain budgeting methods like to set up a payment each week so the bill comes in close to zero. Whatever works."}
{"_id": "60820", "title": "", "text": "You can invoice your advertisers and use the date of the invoice for tax purposes.  Some advertisers may want to pay monthly, weekly etc so that would require multiple entries as income on the relevant dates."}
{"_id": "60829", "title": "", "text": "For some reason, I've always had a negative feeling about Chase; I don't really know why, but I think I'll continue to avoid them.  :)  My banks seem to be West Coast banks, mainly Wells Fargo who I've used since the 70s (because they had a small branch in Yosemite Valley, a place I frequented at that time).  I haven't had as much luck with other banks, mainly HSBC which I used briefly.  Maybe the west coast banks are more laid back or something.    Or maybe it's just Chase being incompetent.  Banks like that deserve to fail."}
{"_id": "60846", "title": "", "text": "I have a different take on this. If it would only take 3 months to save up to pay for it, line up the work now. Shop with your spouse to find the exact floor you want. By the time you hire the store to do the install, a month will have gone by, by the time the charge bill comes in, you'll be able to pay 2/3 off, and pay in full next month. Note: I see this was asked in December. For those carrying no debt at all, I'm not adverse to a purchase of this type getting partially floated on a credit card for a month or two. Not a pair of shoes, or golf clubs, but a kitchen floor? The $10 interest is worth it to not walk over a ripped up floor in your home."}
{"_id": "60858", "title": "", "text": "\"Aside from the funky/retro thing, Polaroid still has one thing that hasn't been accomplished with digital: Instant unaltered records.  Insurance companies used polaroid film because a polaroid in a file was a guarantee that the picture was an accurate representation. With developed film, you could always \"\"edit\"\" things out in the darkroom. With digital, the path from shutter to print offers more option for cheating than every before.  We *can* fix this in the digital world, but haven't so far - and until we do, Polaroid still has a place.\""}
{"_id": "60871", "title": "", "text": "Funny, I warned everyone on Reddit to short Facebook before the IPO - [MULTIPLE TIMES](http://www.reddit.com/r/news/comments/txj48/facebook_stock_down_by_10_in_15_minutes_of/c4qo194) - and no one wrote a USA Today article about me.  In fact, before the stock tanked, I had 100% downvotes from all you honest Redditors..."}
{"_id": "60900", "title": "", "text": "Well I mean there's no perfect solution. Women being disadvantaged is just a result of biology, and there's only so much you can do. It's even possible that mandatory paternity is a net negative for society as a whole due to less productivity at the expense of greater equality."}
{"_id": "60906", "title": "", "text": "You should examine the letter more closely.  Most letters in this area are ones which inform you of a proposed settlement of a class action (not the initiation of a class action), and that you may be a member of the class.  A main point of such a letter is normally that if you take no action, you will be included in the settlement class.   Usually there are no major consequences to not opting out of the class other than you will lose the ability to get a lawyer and sue the defendants for the actions in question. To obtain benefits from the settlement, you will typically be required to submit documentation of the nature of your membership in the class.  This may be easy or hard.  The benefits are described in the materials, and could be substantial but usually are close to trivial, such as a coupon for $10 off when purchasing another product from the defendant."}
{"_id": "60923", "title": "", "text": "Advertising on the internet is dead. It's dying. People just haven't accepted that yet. Ad blockers are going to become increasingly common, not less common, and all of the methods used to attack ad blockers are seen as hostile toward the consumer. That stuff is going to become passe in time. 13 years is nothing. You must be young."}
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{"_id": "60929", "title": "", "text": "\"In a Traditional IRA contributions are often tax-deductible. For instance, if a taxpayer contributes $4,000 to a traditional IRA and is in the twenty-five percent marginal tax bracket, then a $1,000 benefit ($1,000 reduced tax liability) will be realized for the year. So that's why they tax you as income, because they didn't tax that income before. If a taxpayer expects to be in a lower tax bracket in retirement than during the working years, then this is one advantage for using a Traditional IRA vs a Roth. Distributions are taxed as ordinary income. So it depends on your tax bracket  UPDATE FOR COMMENT: Currently you may have heard on the news about \"\"the fiscal cliff\"\" - CNBC at the end of the year. This is due to the fact that the Bush tax-cuts are set to expire and if they expire. Many tax rates will change. But here is the info as of right now: Dividends: From 2003 to 2007, qualified dividends were taxed at 15% or 5% depending on the individual's ordinary income tax bracket, and from 2008 to 2012, the tax rate on qualified dividends was reduced to 0% for taxpayers in the 10% and 15% ordinary income tax brackets. After 2012, dividends will be taxed at the taxpayer's ordinary income tax rate, regardless of his or her tax bracket. - If the Bush tax cuts are allowed to expire. - Reference - Wikipedia Capital Gains tax rates can be seen here - the Capital Gains tax rate is relative to your Ordinary Income tax rate For Example: this year long term gains will be 0% if you fall in the 15% ordinary tax bracket. NOTE: These rates can change every year so any future rates might be different from the current year.\""}
{"_id": "60952", "title": "", "text": "how could I transfer the money from UK There are multiple ways, walk into your Bank and ask them to wire transfer to the Bank Account in India. You would need the SWIFT BIC of Bank in India, Account Number, etc. Quite a few Banks [State bank of India, HDFC, ICICI etc] also offer remittance service. Visit their website for more details. does it cost the tax and how much Assuming your status is NRI [Non Resident], there is no tax implications of this in India."}
{"_id": "60954", "title": "", "text": "\"the auto industry maybe has to worry about safety standards, however these standards have been set for decades. It's not like they're making new \"\"kinds\"\" of cars that would be unsafe by adopting a completely different design or principle. But for drugs, every mechanism in health is different. A body is much more complex and still not completely understood, so while you may have a drug that can affect a certain biological pathway, it may also destroy another that you may not notice until 10 years from now when it's too late. The company would then have to pay a settlement, such as [Merck and Vioxx](http://www.npr.org/templates/story/story.php?storyId=5470430) resulting in a ~$5 billion loss.  Pharma isn't cheap to research, which is why pharma research is dying :(\""}
{"_id": "60960", "title": "", "text": "Based on that logic, go to a casino and bet it all on black...you have a better chance of being right...certainly it will minimize the duration of the pain...   I hope to gonzo that you have better research behind this decision than a simple feeling...don't forget that with options it doesn't matter if you are right or wrong as to if gold will drop or go up in price...what matters is WHEN that will happen...options have a limited life...If you think this is a bubble then so be it, but make sure you have done your homework with regard to TIMEFRAME!"}
{"_id": "60981", "title": "", "text": "So if I understand your plan right, this will be your situation after the house is bought: Total Debt: 645,000 Here's what I would do: Wait until your house sells before buying a new one.  That way you can take the equity from that sale and apply it towards the down payment rather than taking a loan on your retirement account.   If something happens and your house doesn't sell for as mush as you think it will, you'll lose out on the gains from the amount you borrow, which will more than offset the interest you are paying yourself. AT WORST, pay off the 401(k) loan the instant your sale closes. Take as much of the remaining equity as you can and start paying down student loans.  There are several reasons why they are a higher priority than a mortgage - some are mathematical, some are not. Should I look to pay off student loans sooner (even if I refi at a lower rate of 3.5% or so), or the mortgage earlier ...   My thoughts are that the student loans follow me for life, but I can always sell and buy another home So you want this baggage for the rest of your life?  How liberating will it be when you get that off your back?  How much investing are you missing out on because of student loan payments?  What happens if you get lose your license?  What if you become disabled?  Student loans are not bankruptable, but you can always sell the asset behind a mortgage or car loan.  They are worse than credit card debt in that sense.  You have no tangible asset behind it and no option for forgiveness (unless you decide to practice in a high-need area, but I don't get the sense that that's your path). The difference in interest is generally only a few payment' worth over 15 years. Is the interest amortized the same as a 15 year if I pay a 30 year mortgage in 15 years?  Yes, however the temptation to just pay it off over 30 years is still there.  How often will you decide that a bigger car payment, or a vacation, or something else is more important?  With a 15-year note you lock in a plan and stick to it. Some other options:"}
{"_id": "60996", "title": "", "text": "\"I don't recommend balance transfers. Like many credit card things, they distract you with shiny (\"\"0 percent interest!\"\") and ream you on a 'balance transfer fee'.  If you have a decent credit score and working relationship, talk to banks about opening what's called a 'signature loan,' and use that to shift the debt to a lower rate. A local credit union advertises rates 'as low as' 9.75 percent. Which is itself a shiny that you may not qualify for.  The really low loans rates you see are secured loans; if you don't pay, they can take the collateral.\""}
{"_id": "61006", "title": "", "text": "\"Traders = every market participant. Not some shadow figure that excludes you just because you passively drop cash into a 401k Vanguard fund every paycheck. So yes, if everyone stopped trading then the price won't move. Trades are 100% responsible for the prices you see on charts and tickers. A stock won't be worth \"\"$100\"\" if nobody ever traded $100 for it. It only has that price now or in the past because somebody placed an order for it at $100 and somebody else filled that order at $100\""}
{"_id": "61007", "title": "", "text": "\"Yes, you can certainly keep it in a savings account until you spend it. You'll get much less interest than you will be paying on the loan, but it will be better than nothing. However, you may want to ask if you can use the loan flexibly instead - i.e. only \"\"draw down\"\" the money you need when you need it, and not start paying interest until that happens. That would save you a lot more money. Note that the ISA limit is currently \u00a35,760 and the limit is on total deposits so you won't be able to reuse the amount later in the tax year. Since that ends on April 5th that probably won't be an issue for you.\""}
{"_id": "61014", "title": "", "text": "There are loan options for those in your situation.  It is very common.  I am a licensed loan officer nmls 1301324 and have done many loans just like this.  Your schooling is counted as your work history Contrary to popular belief.  We want to write loans and guidelines are easing.  Banks are a different story and their loan officers aren't licensed.  If you talk to a bank you aren't getting an educated loan officer.  They also have what are called overlays that make guidelines stricter."}
{"_id": "61022", "title": "", "text": "\"From the way you frame the question it sounds like you more or less know the answer already. Yes - you can make a non-deductable contribution to a traditional IRA and convert it to a Roth IRA. Here is Wikipedia's explanation: Regardless of income but subject to contribution limits, contributions can be made to a Traditional IRA and then converted to a Roth IRA.[10] This allows for \"\"backdoor\"\" contributions where individuals are able to avoid the income limitations of the Roth IRA. There is no limit to the frequency with which conversions can occur, so this process can be repeated indefinitely. One major caveat to the entire \"\"backdoor\"\" Roth IRA contribution process, however, is that it only works for people who do not have any pre-tax contributed money in IRA accounts at the time of the \"\"backdoor\"\" conversion to Roth; conversions made when other IRA money exists are subject to pro-rata calculations and may lead to tax liabilities on the part of the converter. [9] Do note the caveat in the second paragraph. This article explains it more thoroughly: The IRS does not allow converters to specify which dollars are being converted as they can with shares of stock being sold; for the purposes of determining taxes on conversions the IRS considers a person\u2019s non-Roth IRA money to be a single, co-mingled sum. Hence, if a person has any funds in any non-Roth IRA accounts, it is impossible to contribute to a Traditional IRA and then \u201cconvert that account\u201d to a Roth IRA as suggested by various pundits and the Wikipedia piece referenced above \u2013 conversions must be performed on a pro-rata basis of all IRA money, not on specific dollars or accounts. Say you have $20k of pre-tax assets in a traditional IRA, and make a non-deductable contribution of $5k. The account is now 80% pre-tax assets and 20% post-tax assets, so if you move $5k into a Roth IRA, $4k of it would be taxed in the conversion. The traditional IRA would be left with $16k of pre-tax assets and $4k of post-tax assets.\""}
{"_id": "61026", "title": "", "text": "Your quote: There's about 10 trillion in gold  and about 2.8 trillion of US cash  in the world. Neither of these is anywhere large enough to be used for all the transactions in the world.  So how was it commercial banks could lend like crazy for home mortgages??  M1 remaind constant throughout the decade and years , if frac multiplier effect was the cause for m2, why wasn't it until the 2000s that m2 became exponential?   Commercial Banks able to create credit and lend out of thin air to customers thanks to deregulation that caused m2 to explode.  They didn't need no FED.  They didin't need no reserves.  They were able to act regardless of the FED.  The FED responded to them, instead of the other way around.    Before deregulation banks didn't bother creating too much credit loans coz it was too dangerous, they were mostly utilty banks.   After deregulation, creation of exotic derivatives, low interest rates, and high speed internet globalized digital trading,  they went crazy creating credit out of thin air coz it wasn't dangerous because they could sell the home loans."}
{"_id": "61030", "title": "", "text": "One way is to think of a REIT as a fully managed portfolio of real estate investments. Risks and returns are averaged across the real estate portfolio and managed by experts, possibly industry leading experts.  REITs have a well documented track record you can research - most individuals do not. Many individuals have learned a hard lesson or two while attempting to generate passive income with real estate. Conversely, some people derive a great deal of satisfaction from owning real estate and have a true passion to do so.  Plus, if you are expecting interest rates to raise and/or rate of inflation to increase in the next 30 years, you may benefit from the financing aspects of the investment as well.  There are some regions/ opportunities that seem to do better than the average REIT a majority of the time, but may not be desirable to you or fit into your budget for various reasons. I'm not sure what your level of experience, knowledge or financial situation , but for everyone considering, there are many additional things to know about investment property compared to a primary residence.  A good place to start with REITs is the prospectus of one that interests you.  Research their holdings, create a model, or otherwise make a connection with the REIT before clicking buy."}
{"_id": "61047", "title": "", "text": "If I were these people, I would be getting those target cards out of my hands ASAP.  Since the legalese specified the promotion was not valid on gift cards, they probably have some kind of legal right to deactivate these cards and refund the transactions (whether they try to do this probably depends on how much they got taken for...)."}
{"_id": "61049", "title": "", "text": "I think dying is too strong a word for sell-side ER. There's no question it's shrinking though. Dying implies it's going to be dead. I believe it will carry on but at a reduced level.  Sell-side equity research derives it's revenues in a really arcane way. It can no longer benefit from i-banking revenues so it's dependent on trading volume. Trading volume is way down so that income is also shrinking.  At the same time, a lot of equity research shops have just become conduits between the buy-side and management. Their research product isn't great.  So why do I think sell-side ER will stick around? Because there are some BBs and independent shops doing real research work that provides value to the buyside. Their product has value. The buyside knows it. Demand for the research from these firms will continue.  If you're really interested in ER, I think you need to start to understand the difference between places doing good ER and bad ER. If you go into a good ER shop and learn how to be a good equity research analyst, you have a valuable skill.   I'm not going to try to paint a rosy picture of the er industry but understand the best time to get your foot in the door is when everybody else is running away. If the industry can tough it out, you'll be in a good spot."}
{"_id": "61054", "title": "", "text": "Remember when you got bodied for pretending you understood more about linguistics than you did? Because you maybe skimmed a wikipedia page on Chomsky and thought the criticism there meant people didn't respect him as a linguist? And published authors in the field took you to task for an hour?   If you don't, maybe you should. It feels relevant."}
{"_id": "61057", "title": "", "text": "What subsidies are you talking about?  From wikipedia:  &gt;&gt;'The USPS has not directly received taxpayer-dollars since the early 1980s with the minor exception of subsidies for costs associated with the disabled and overseas voters'    More like small businesses are grateful there is a service they don't have to pay excessive administrative taxes to use and are sad the greed in the US is going to wreck yet another piece. The value of privatization is such a horrible scam."}
{"_id": "61066", "title": "", "text": "I'll play devils advocate even though i agree that they are overvalued.  EPS is expected to go from .43 in 2016 to $1.20 2017 followed by $1.90 in 2018, this means they are expected to grow at 110% a year over the next two years, an many experts think they will continue to grow at 30-40% a year after that. Now many people don't think a stock is expensive until it hits a PE of 2x its growth rate, if we use a growth rate of 110% then they won pay more than 220x earnings. assuming they are using this years earnings estimates since the year is already more than half over that puts a valuation of $264 per share. If they use a 4 year estimates that EPS will grow at 72% a year the valuation is $172.8.  Before people berate me i don't value stocks in this manner i use DCF, but alot of people who are looking for an easy way out will look at it this way."}
{"_id": "61077", "title": "", "text": "Thank you this response introduced me to a lot of new information to research.   I find this a lot more rational than a lot of the replies on here, purely because I don't believe there's a large enough intrinsic difference between people of different races that it would make or break entire countries. I know plenty of unsuccessful white people and plenty of successful black people, I just don't think racism is rational IMO.  Following the money like this is really illustrative of what is truly plaguing these countries. As someone else said and I now believe to be true after reading a little, I think there's a huge huge grown potential in these countries if the governments can get their shit together."}
{"_id": "61093", "title": "", "text": "The main factor should be what sorts of emergencies you are trying and also need to protect yourself against. Overall I'd say at least 6-9 months of expenses, adjusted for the above factors. More might be better but I'd probably keep that in a different type of investment vehicle, mainly because it doesn't really need to be accessible instantaneously like your normal emergency fund would need to be."}
{"_id": "61103", "title": "", "text": "I'm guessing you're conflating bonus share issuance with stock split.  That seems very common to me, from a quick search; there's even some issues of terminology between the US and Europe, I think - it seems some Europeans may use Bonus Shares to mean Stock Split, as opposed to the more common meaning in the US of Stock Dividend. Sometimes a bonus share issuance is (incorrectly) called a stock split, like in this public announcement from STADA in 2004.  It is a 1:1 bonus share issuance (meaning they issue one bonus share to everyone who has one share now), but it is in essence the same thing as a stock split (a 2:1 stock split, namely).  They combined the 1:1 from bonus share with the wording 'split', causing the confusion. Bonus share issuance, also known as a stock dividend, is covered well in this question/answer on this site, or from a search online.  It has no obvious effect initially - both involve doubling shares out there and halving the price - but it has a substantially different treatment in terms of accounting, both to the company and to your tax accountant."}
{"_id": "61109", "title": "", "text": "What you're missing is the continuous compounding computation doesn't work that way.  If you compound over n periods of time and a rate of return of r, the formula is e^(r*n), as you have to multiply the returns together with a mulitplicative base of 1.  Otherwise consider what 0 does to your formula.  If I get a zero return, I have a zero result which doesn't make sense.  However, in my formula I'd still get the 1 which is what I'm starting and thus the no effect is the intended result. Continuous compounding would give e^(-.20*12) = e^(-2.4) = .0907 which is a -91% return so for each $100 invested, the person ends up with $9.07 left at the end.  It may help to picture that the function e^(-x) does asymptotically approach zero as x tends to infinity, but that is as bad as it can get, so one doesn't cross into the negative unless one wants to do returns in a Complex number system with imaginary numbers in here somehow. For those wanting the usual compounding, here would be that computation which is more brutal actually: For your case it would be (1-.20)^12=(0.8)^12=0.068719476736 which is to say that someone ends up with 6.87% in the end.  For each $100 had in the beginning they would end with $6.87 in the end. Consider someone starting with $100 and take 20% off time and time again you'd see this as it would go down to $80 after the first month and then down to $64 the second month as the amount gets lower the amount taken off gets lower too.  This can be continued for all 12 terms.  Note that the second case isn't another $20 loss but only $16 though it is the same percentage overall. Some retail stores may do discounts on discounts so this can happen in reality.  Take 50% off of something already marked down 50% and it isn't free, it is down 75% in total.  Just to give a real world example where while you think a half and a half is a whole, taking half and then half of a half is only three fourths, sorry to say.  You could do this with an apple or a pizza if you want a food example to consider. Alternatively, consider the classic up and down case where an investment goes up 10% and down 10%.  On the surface, these should cancel and negate each other, right?  No, in fact the total return is down 1% as the computation would be (1.1)(.9)=.99 which is slightly less than 1. Continuous compounding may be a bit exotic from a Mathematical concept but the idea of handling geometric means and how compounding returns comes together is something that is rather practical for people to consider."}
{"_id": "61123", "title": "", "text": "This is nonsense and just a game to squeeze more money from consumers.  A convential car needs to change oil every so often. You get a warning light in the dashboard for that in most cars.   If you decide to not change oil as needed, it's your business and your problem that you shortened your car's life.  Do you want conventional cars to stop working when oil change is due?   Basically Tesla is crippeling the car and does not let the consumer to FULLY use the car they own, if they choose to do that."}
{"_id": "61131", "title": "", "text": "These are some pretty basic and well-known techniques using NLP that have been studied for years in academic journals. It's interesting, but the article makes it seem like no one had ever thought of this before."}
{"_id": "61149", "title": "", "text": "A bigger down payment is good, because it insulates you from the swings in the real estate market.  If you get FHA loan with 3% down and end up being forced to move during a down market, you'll be in a real bind, as you'll need to scrape up some cash or borrow funds to get out of your mortgage."}
{"_id": "61153", "title": "", "text": "\"You can definitely open an IRA and roll the money over. I suggest instead of trying opening online calling the institution and asking what would be the procedure in your specific case. If not, I will have to cash out my 401K. Who do I contact to find out   if my country has some sort of deal with the US in regards to taxes? I   would of course prefer to not pay the penalty (20 % federal + 10 %   state tax), and instead reinvest the money in a retirement fund in my   country. US embassies some times have listings of tax advisers who work with US expats in the countries they cover. You can check for such a list on the website of your local US embassy. These people will be able to answer this question. However it is highly unlikely that you'll be able to avoid the tax and penalty in the US in this scenario. It is not likely that you could \"\"roll-over\"\" into a foreign retirement fund (from your country's laws perspective), but maybe your country has some solution for this.\""}
{"_id": "61170", "title": "", "text": "Concerning the Broker: eToro is authorized and registered in Cyprus by the Cyprus Securities Exchange Commission (CySEC). Although they are regulated by Cyprus law, many malicious online brokers have opened shop there because they seem to get along with the law while they rip off customers. Maybe this has changed in the last two years, personally i did not follow the developments. eToro USA is regulated by the Commodity Futures Trading Commission (CFTC) and thus doing business in a good regulated environment. Of course the CFTC cannot see into the future, so some black sheep are getting fined and even their license revoked every now and then. It has no NFA Actions: http://www.nfa.futures.org/basicnet/Details.aspx?entityid=45NH%2b2Upfr0%3d Concerning the trade instrument: Please read the article that DumbCoder posted carefully and in full because it contains information you absolutely have to have if you are to do anything with Contract for difference (CFD). Basically, a CFD is an over the counter product (OTC) which means it is traded between two parties directly and not going through an exchange. Yes, there is additional risk compared to the stock itself, mainly: To trade a CFD, you sign a contract with your broker, which in almost all cases allows the broker A CFD is just a derivative financial instrument which allows speculating / investing in an asset without trading the actual asset itself. CFDs do not have to mirror the underlying asset's price and price movement and can basically have any price because the broker quotes you independently of the underlying. If you do not know how all this works and what the instrument / vehicle actually is and how it works; and do not know what to look for in a broker, please do not trade it. Do yourself a favor and get educated, inform yourself, because otherwise your money will be gone fast. Marketing campaigns such as this are targeted at people who do not have the knowledge required and thus lose a significant portion (most of the time all) of their deposits. Answer to the actual question: No, there is no better way. You can by the stock itself, or a derivative based on it. This means CFDs, options or futures. All of them require additional knowledge because they work differently than the stock. TL;DR: DumbCoder is absolutely right, do not do it if you do not know what it is about. EDIT: Revisiting this answer and reading the other answers, i realize this sounds like derivatives are bad in general. This is absolutely not the case, and i did not intend it to sound this way. I merely wanted to emphasize the point that without sufficient knowledge, trading such products is a great risk and in most cases, should be avoided."}
{"_id": "61179", "title": "", "text": "You'd invest through NASDAQ OTC market--I use Vanguard and it allows me to invest through there; I'm sure other online brokers have it too. If you search the companies you'll see the listing on the Hong Kong Stock Exchange and the NASDAQ OTC. The prices will be different--just because it goes up in HK doesn't mean it goes up in NASDAQ. There are also a few listed in the US--SINA, Weibo Corp., JD.com.  From there, start looking at the major Chinese tech companies to see what they're worth."}
{"_id": "61188", "title": "", "text": "\"&gt; But that rise has only been large enough to cancel out the slight fall in the 2000s under Helen Clark, when Working for Families and other schemes tilted the balance back towards fairness.  I don't think you help your case when your argument says literally \"\"large enough to cancel out...fairness.\"\"\""}
{"_id": "61191", "title": "", "text": "\"I believe it's still pretty general, and just mentions life sciences as a possible use. Some of the course may be in that context. The \"\"difficulty\"\" on the side says the course is intermediate, so there might be a possibility that it'll be maybe a little rough for beginners to R, and possibly very difficult for beginners to programming on the whole.\""}
{"_id": "61193", "title": "", "text": "Do not confuse the DIV (%) value and the dividend yield. As you can see from this page, the DIV (%) is, as you say, 165%.  However, the dividend yield is 3.73% at the time of writing.  As the Investopedia page referenced above says: The payout ratio is calculated as follows: Annual Dividends per Share / Earnings per Share. which means that the dividends being paid out are more than the earnings of the company: In extreme cases, dividend payout ratios exceed 100%, meaning more dividends were paid out than there were profits that year. Significantly high ratios are unsustainable."}
{"_id": "61196", "title": "", "text": "\"&gt; If he's also a top notch electrician, I listen to him when he gives me electrical wiring advice, I just don't let him choose where we go for dinner.  \"\"Now most folks will tell you that fuses are rated for 20 Amps, but they're just being over-cautious. I go to 25 and even 30 Amps all the time with no problem\"\"  Do you trust *that* electrical opinion? Does his restaurant choice affect how you feel about it?   Compare that to another friend who steered you away from another restaurant because he \"\"heard someone got sick there once.\"\" He also drives the car rated #1 for safety and can tell you exactly why. He always lectures you for riding a bicycle without a helmet, and offers to sharpen your kitchen knives because a sharp knife is less likely to slip and cut your finger.   When *that* guy says you can go to 30A on a fuse, how do you feel about his opinion as an electrician?   Still say that non-electrician decisions have zero bearing on how you feel about his abilities as an electrician?   BTW, I'm done here. I've made my point. We can agree to disagree.\""}
{"_id": "61213", "title": "", "text": "Funny, cause from where I'm at, it's rare for a brick and mortar to beat Amazon's prices. Best buy,  RC willey, Walmart, Target, etc, none compare to the service, price, convenience, that I can get from Amazon. Take for example last month. I purchased 2 chromecasts in 2 weeks, then they dropped the price from 35 to 30, I got on the chat, in 5 minutes I had a refund of 5$ on both them. They not only price match others, but they stand behind what they sell much much better then any brick and mortar I've been in."}
{"_id": "61227", "title": "", "text": "A pattern of high level people buying or selling is a sign, positive or negative. An individual, not so much. He can be selling to diversify, trying to keep his investments from being all in the company. He can be selling to pay his large bills. Same reasons any of us might be selling an investment to have cash to use."}
{"_id": "61230", "title": "", "text": "\"Wells Fargo uses a service called clearXchange (update: it is now called Zelle) to do this transfer without an account number. This is the same service Bank of America uses, so when you configured your account to be linked to clearXchange, Wells Fargo customers can use it the same way Bank of America customers can.  This also applies to Chase bank. Since your bank is a member, they've integrated the service into your online bill pay: If your bank is a clearXchange member, you will need to use your current online or mobile banking service to send and receive payments. If you hadn't previously configured it through BofA, you'd have been taken to their site to register an account in order to receive the money, it seems. They explicitly point out here that they will automatically deposit any money you receive through their service without your having to \"\"accept\"\" the payment like you would from other P2P pay services.  If you don't want to use this service anymore, I suggest contacting your bank, but if they can't or won't help you, you can contact clearXchange customer service to have your account closed.\""}
{"_id": "61232", "title": "", "text": "\"You are obviously not listening at all. Where did I give the impression that I want politicians or the military or the \"\"security\"\" apparatus? Typical statist in one ear and out the other. You are so far off it isn't even funny. I would be opposed to anything forced on people by the government or voter's. I bet you still think there are only two sides to the debate. Shows how far out of the loop you really are. Head firmly in the clouds.  Edit.. I have looked at all the \"\"stuff\"\" you linked I bet you didn't bother at all to even listen to one of my sources. Because nothing matters except what you want and how you are going to force that on everyone around you. Little tyrant in the making.  I bet you make a lot of wrong assumptions in your life.\""}
{"_id": "61235", "title": "", "text": "There is nothing called free lunch. The 2% fee indirectly covers the cost of funds and in effect would be a personal loan. Further the repayment period would typically be 3 months and roughly would translate into 7-9% loan depending of repayment schedule etc. There is no harm in trying to get the fee waived, however one thing can lead to another and they may even go and do an credit inquiry etc, so be cautious."}
{"_id": "61247", "title": "", "text": "\"Well, that's good and bad more regulation, but your not an agency your something better(IMHO) If the lawyer says yes, I'd scrub all mention of the word \"\"agency\"\". Being an \"\"employment business\"\" is part of your USP. You will presumable have to educate on why this is better, but you may as well use the protected words your entitled too and report any UK agencies calling themselves an employment business to try and undercut you.  Check with your branding/marketing advisors this could be key (Oh and please PM, your launch page/teaser when you get to it)\""}
{"_id": "61258", "title": "", "text": "It matters because that is the requirement for the 83(b) selection to be valid. Since the context is 83(b) election, I assume you got stocks/options as compensation and didn't pay for them the FMV, thus it should have been included in your income for that year. If you didn't include the election letter - I can only guess that you also didn't include the income. Hence - you lost your election. If you did include the income and paid the tax accordingly, or if no tax was due (you actually paid the FMV), you may try amending the return and attaching the letter, but I'd suggest talking to a professional before doing it on your own. Make sure to keep a proof (USPS certified mailing receipt) of mailing the letter within the 30 days window."}
{"_id": "61264", "title": "", "text": "There are a number of UK banks that offer what passes for reasonable interest on an amount of cash held in their current accounts.  I would suggest that you look into these.  In the UK the first \u00a31000 of bank or building society interest is paid tax-free for basic rate taxpayers (\u00a3500 for higher rate tax-payers) so if your interest income is below these levels then there is no point in investing in a cash ISA as the interest rate is often lower. At the moment Santander-123 bank account pays 1.5% on up to \u00a320000 and Nationwide do 5% on up to \u00a32500. A good source if information on the latest deals is Martin Lewis' Moneysaving Expert Website"}
{"_id": "61314", "title": "", "text": "you very well may know better than me, honestly; but with any volatile investment, it is necessarily hard to predict their intermediate term trends. that would be my only caution to you!  if you want speculative positions to hold, you might consider lower priced biopharms (though not pure penny positions). i made a bit of money on CCXI, for example. if you want more engagement/trading activity, consider tech trading or options (my personal favorite)."}
{"_id": "61319", "title": "", "text": "We live in a community, and as citizens we all have the right to shop in public shops and eat in public restaurants. If that right is abridged, then freedom is abridged. And the freedom to enjoy the public services of one's community is far more important than the freedom to deny services due to one's prejudice. Either way someone loses a bit of freedom. Which is more important? According to you the freedom to do what you will with your property outweighs any and all possible consequences of exercising that freedom. This is a very extreme viewpoint. I know because I once held it.  &gt;Go start a business and get back to us  Yeah I did that. 15 years ago and still going. And I actually hire people. You may not want to make too many assumptions about the person you are debating. As a business owner I would happily choose a world in which I had to hire the best qualified candidate regardless of my prejudices over one in which other business owners could arbitrarily refuse me services that are offered to the general public just because of who I am.  &gt;If a person is refused service for any reason, they can find another store, shop, or vendor.  And what if all the stores in your town have similar policies? Am I to drive to the next town every time I need to go shopping? What if all the shops within 1000 miles have discriminatory policies? How am I to live? The only reason you can make this argument is because of the success of the civil rights act. If it was repealed today you would likely be able to avoid racist restaurants and shops by going elsewhere. If it had never existed that would not be the case.  &gt;THERE IS NO EQUAL OPPORTUNITY IN LIFE FOR SUCCESS  That is why I very specifically said that all citizens must have a REALISTIC opportunity for success, and NOT that there should be EQUAL opportunity (impossible) or equal outcomes (ridiculous and counter-productive). What must be avoided is the creation of an economic status quo that ensures the poor remain poor and the rich remain rich. Such a status quo is just slavery without the whips. Even if the government is not enforcing the status quo, it can be just as hard to break free from.  &gt;Forceful acts by government are ALWAYS far worse than forceful acts in the private sector  It is the results of the act of force that matters, not its source or methodology. This once again is an argument from pure ideology. Because you believe that government force is always worse than the private sector, you are unable to see examples of how the private sector can limit our freedoms in even worse ways. Simply stating that government acts of force are always worse does not prove it so.  &gt;that's exactly where your collectivist sewer leads  I would argue that the centers of poverty you listed are much more a symptom of the systematic undercutting of education, social services and other support systems that once gave the underprivileged a realistic way to improve their lot in life. Now, with blue-collar wages on the decline and public education gutted, poverty gets more entrenched and harder to overcome. You really think it's going to get better for these people if we take away the minimum wage? Do away with public schools? Food stamps? Medicaid? Is there any point at which lack of social mobility becomes a more damaging than minor economic regulations? Is it OK to effectively return to the feudal system if it means nobody will ever have one penny taxed from them and given to someone who wasn't born rich? Nobody made you get born poor so there's no force and therefore everything is right and good? Such a shallow view of our moral obligations as members of a society.  We live in a society. Extreme individualism will lead only to self-destruction just as fast as extreme collectivism. The only rational view is to analyze the facts, weigh the benefits and consequences to any given policy, and make decisions without any preconceived notion of what the solution should look like. In the case at hand, I, and the vast majority of people, think the minor inconvenience of not being able to make discriminatory hiring decisions is far outweighted by the benefits of not having large segments of the population chronically unemployed and impoverished because their race.  The only effective argument against this would be to posit a way in which the benefits of this policy could be achieved (or bettered) without the use of government coercion, and that I haven't seen.  &gt;You'd better grow up fast on this one  Remember, you are talking to someone who thought and argued exactly the same viewpoint you are now espousing for 10 years. I was even a delegate to the national Libertarian convention once. I was a true believer. I did grow up."}
{"_id": "61328", "title": "", "text": "Also - Engineering Disciplines (and CS) in most schools require different (more intense) math than the business degrees. The math requirements at UIC for Finance are different than those for CS. He could be taking math classes that, literally, do not count towards a CS degree.   Source:   http://www.cs.uic.edu/~grad/CSCurr-0214.pdf   http://www.uic.edu/ucat/07%20BA%20109-124.pdf"}
{"_id": "61329", "title": "", "text": "By mentioning GLD, I presume therefore you are referring to the SPRD Gold Exchange Traded Fund that is intended to mirror the price of gold without you having to personally hold bullion, or even gold certificates. While how much is a distinctly personal choice, there are seemingly (at least) three camps of people in the investment world. First would be traditional bond/fixed income and equity people.  Gold would play no direct role in their portfolio, other than perhaps holding gold company shares in some other vehicle, but they would not hold much gold directly. Secondly, at the mid-range would be someone like yourself, that believes that is in and of itself a worthy investment and makes it a non-trivial, but not-overriding part of their portfolio.  Your 5-10% range seems to fit in well here. Lastly, and to my taste, over-the-top, are the gold-gold-gold investors, that seem to believe it is the panacea for all market woes.  I always suspect that investment gurus that are pushing this, however, have large positions that they are trying to run up so they can unload. Given all this, I am not aware of any general rule about gold, but anything less than 10% would seem like at least a not over-concentration in the one area.  Once any one holding gets much beyond that, you should really examine why you believe that it should represent such a large part of your holdings. Good Luck"}
{"_id": "61338", "title": "", "text": "Agreed. An easy way to practice selling is by joining a direct sales company. Just make sure they are legitimate and require no money to start. It gives you a product to sell (even if its from a catalog) and many times they have online resources that help train you.    Sales is a mental game imo. Getting past personal barriers and facing fears is a major huddle in sales."}
{"_id": "61342", "title": "", "text": "There is a theory that the reason this has come to pass over millenia is simply because Europe has harsh winters, whereas South America, and Africa, and most of Asia do not. The theory is that having to deal with winter - including all of the long term planning, logistics, and infrastructure that go with it - was a forcing function on society that caused Europe (and later on it's settlements) to advance more rapidly.    It has nothing to do with skin color and everything to do with seasons."}
{"_id": "61346", "title": "", "text": "Is it true that due the to the increase in interest rates that inflation is likely to increase as well? It is typically the reverse where inflation causes interest rates to rise. Interest rates fundamentally reflect the desire for people to purchase future goods over present day goods.  If I loan money to someone for 5 years I lose the ability to use that money.  In order to entice me to loan the money the borrower would have to offer me an incentive, that is, they would have to give me additional money at the end of that 5 years.  This additional money is the interest rate and it reflects the desire of people to spend money in the future versus the present day.  If offered the same amount of money today versus 5 years from now almost everyone would chose to take the money now.  Money in the present is more valuable than the same amount of money in the future. Interest rates would still exist even with a currency that could not be printed. I would still prefer to have the currency today than in the future. If the currency is continually devalued (i.e. the issuer is printing more of the currency) than borrowers may charge additional interest to compensate for the loss in purchasing power when they make a loan. Also, it is hard to compare interest rates and inflation.  Inflation is very difficult to calculate. New products and services, as well as ever changing consumer desires, continually change the mixture of goods in the market so it is nearly impossible to compare a basket of goods today to a basket of goods 5, 10, 20, or 30 years ago."}
{"_id": "61350", "title": "", "text": "If you go traditional financing there is a chance it'd be syndicated amongst a bank group. That is going to add a little depth to your credit agreement id imagine. You thinking a term loan with a 7-10 amortization? I've never seen a LOC more than 5 years out."}
{"_id": "61371", "title": "", "text": "I always sit and wonder.. hypothetically when robots are literally doing everything and everything has been automated, what will people do? Is it that state of Utopia where we can do whatever we want because we don't have to pay robots? My guess is no judging by how outsourcing to cheaper countries has affected people."}
{"_id": "61384", "title": "", "text": "a) Contracts are for future delivery of said underlying. So if you are trading CL (crude oil) futures and don't sell before delivery date, you will be contacted about where you want the oil to be delivered (a warehouse presumably). 1 contract is the equivalent of 1000 barrels. b) 600 contracts depends entirely on what you are trading and how you are trading. If you are trading ES (S&P 500 e-Mini), you can do the 600 contracts in less than a second. c) No fees does not make particular sense. It's entirely possible that you are not trading anything, it's just a fake platform so they can judge your performance. d) The catch typically is that when it's time to pay you, they will avoid you or worst case, disappear. e) Trading is a full-time job, especially for the first 4-5 years when you're only learning the basics. Remember, in futures trading you are trading against all the other professionals who do only this 24/7 for decades. If you are only risking your time with the reward being learning and possibly money, it seems like a good deal. There's typically a catch with these things - like you would have to pay for your data which is very expensive or withdrawing funds is possible only months later."}
{"_id": "61393", "title": "", "text": "&gt; Who will pay to train themselves for a low paying job with no job security?  Well, the government better start doing it if they want to keep their tax bases intact.  ...and we all know what sort of quality you're taking about with a government trained worker.  Or, the government could set living wages.  Sure companies are going to leave (and they're probably going to take people with them), but at least you won't be stuck with a bunch of impoverished people all expecting a handout."}
{"_id": "61418", "title": "", "text": "\"&gt;BPI took such a hard hit because they showed the world that they're the type of company willing to sell people really nasty shit just to make a buck (in my opinion).  Honestly, if there was a news expose on 90% of the processed food that is on grocery store shelves, people would have the same reaction. You would be shocked as to what happens in food manufacturing facilities. Yes, there are FDA, USDA, and many other agencies that do both announced and surprise audits of food manufacturers to ensure food safety, but this is just a snapshot in time, and the food is only deemed as safe as to the standards of that company and what the definition of \"\"safe\"\" is.  IMO, yes, BPI took a huge hit because of this being called pink slime. Are they manufacturing something that is potentially dangerous for consumption? Possibly. That all depends on who you ask what \"\"safe for consumption\"\" means.  Are lobbyists involved? Bet your ass they are. But the market at the time was demanding a type of beef that was super lean. All BPI did was find a way to fulfill that need.  I don't know what the outcome of this will be, but I can absolutely see both sides of the argument. The press needs to be free to report on anything and everything. However, there needs to be regulation regarding what they can and can not say from a slander standpoint. Coming up with a cute catch phrase such as \"\"pink slime\"\" is slanderous, and potentially damaging. That's where I agree with you and believe that they should have reported on the factual inclusions in the finished product.   /rant\""}
{"_id": "61429", "title": "", "text": "In order to make travelling in Andaman\u2019s a little more comfortable we have \u2018exclusively\u2019 tied up with Larson the only luxury speed boat in Andaman\u2019s and we can provide   Private Charters (Maximum: 08 persons) between Havelock \u2013 Port Blair \u2013 Havelock along with other day excursions and overnight trips."}
{"_id": "61438", "title": "", "text": "Consult with a CPA in your local community, since determining how your income is reported is dependent on how it was earned, and how much it was and other factors.  The details are personal, should not be shared on the internet, and don't affect the way we can answer this question.   A CPA might be able to help you with some other advice.  Things like how to structure your expenses to minimize tax burden, while staying within the rules."}
{"_id": "61439", "title": "", "text": "Monogram adorns  are sort of earrings which have monograms etched on them or they may be constructed from monograms. Monograms are generally discovered on necklaces or earrings and frequently on studs too. We often discover monograms etched in wristbands too, and frequently the entire bracelet is comprised of the call of the individual who putting it. It is like the maximum non-public piece of jewelry having a humans name or their initial name. If you also are looking to get the exceptional monogram gold bracelet, then you can pass although the excellent well-known on line store that focus on offing fine earrings at low cost charges."}
{"_id": "61485", "title": "", "text": "&gt; By the time you're ready to hire, you should be past the point where $100k in sweat equity dribbled out over a four-year vesting period is worth bothering with another shareholder.  Really? Why? Most companies I've talked to need hands on deck from day one.  &gt; People on kickstartr are looking for cash, not cheap labor.  Cheap labour isn't avaliable on kickstarter, that's what Craigslist is for. You need both to get a company off the ground.  &gt; Founders usually lack the former and have plenty of their own time to supply the latter.  But they don't have the skills to cover all their bases. That's why they need cheap labour."}
{"_id": "61493", "title": "", "text": "\"Yes and no.  Losing high-paying jobs to other countries does take money out of the economy.  I have read a few times that this is a small contribution to the hard times \"\"Main Street\"\" is currently going through.  Compared to the 2008 crisis and its effects, this is probably fairly small but is still a negative influence on the economy.  If the outsourcing continues unabated, I believe the effects on both the economies and competitiveness of the western nations will become more pronounced.  However, I do see the pendulum swinging back so we'll get back some (but not all) of the lost jobs and wages.  Where we'll land I can't dare predict.  This is just my opinion, of course.  Swing by for a beer someday and we can talk some more :)\""}
{"_id": "61514", "title": "", "text": "e.g. a European company has to pay 1 million USD exactly one year from now While that is theoretically possible, that is not a very common case. Mostly likely if they had to make a 1 million USD payment a year from now and they had the cash on hand they would be able to just make the payment today.  A more common scenario for currency forwards is for investment hedging.  Say that European company wants to buy into a mutual fund of some sort, say FUSEX. That is a USD based mutual fund. You can't buy into it directly with Euros. So if the company wants to buy into the fund they would need to convert their Euros to to USD. But now they have an extra risk parameter. They are not just exposed to the fluctuations of the fund, they are also exposed to the fluctuations of the currency market. Perhaps that fund will make a killing, but the exchange rate will tank and they will lose all their gains. By creating a forward to hedge their currency exposure risk they do not face this risk (flip side: if the exchange rate rises in a favorable rate they also don't get that benefit, unless they use an FX Option, but that is generally more expensive and complicated)."}
{"_id": "61518", "title": "", "text": "\"Your assertion that you will not be selling anything is at odds with the idea that you will be doing tax loss harvesting.  Tax loss harvesting always involves some selling (you sell stocks that have fallen in price and lock in the capital losses, which gives you a break on your taxes).  If you absolutely prohibit your advisor from selling, then you will not be able to do tax loss harvesting (in that case, why are you using an advisor at all?). Tax loss harvesting has nothing to do with your horizon nor the active/passive difference, really. As a practical matter, a good tax loss harvesting plan involves mechanically selling losers and immediately putting the money in another stock with more-or-less similar risk so your portfolio doesn't change much.  In this way you get a stable portfolio that performs just like a static portfolio but gives you a tax benefit each year.  The IRS officially prohibits this practice via the \"\"wash sale rule\"\" that says you can't buy a substantially identical asset within a short period of time.  However, though two stocks have similar risk, they are not generally substantially similar in a legal sense, so the IRS can't really beat you in court and they don't try.  Basically you can't just buy the same stock again. The roboadvisor is advertising that they will perform this service, keeping your portfolio pretty much static in terms of risk, in such a way that your tax benefit is maximized and you don't run afoul of the IRS.\""}
{"_id": "61524", "title": "", "text": "\"See if they offer a \"\"Target Date\"\" plan that automatically adjusts throughout your career to balance gains against preserving what you've already built up.  You can adjust for more or less aggressive by selecting a plan with a later or sooner target date, respectively. (But check the administrative fees; higher fees can eat up a surprisingly large part of your growth since they're essentially subtracted from rate of return and thus get compounded.) If they don't have that option, or charge too much for it, then yes, you may want to adjust which plan your money is in over time; you can usually \"\"exchange\"\" between these plans at no cost and with no tax penalty. NOTE: The tax-advantaged 401(k) investments should be considered in the context of all your investments. This is one of the things an independent financial planner can help you with. As with other investment decisions, the best answer for you depends on your risk tolerance and your time horizon.\""}
{"_id": "61539", "title": "", "text": "Hehe, I feel your pain.. well, 'pain' isn't really the feeling though is it.  I was unemployed for several years when I was younger, and I loved it. It taught me 2 things: you need to be careful with your money, and you don't need money to be happy. I loved the freedom, the carefree attitude I had to the world, the ability to do many things not constrained by having to spend all day in an office, to be with my mates a lot. If your problem is that you are being too miserly ($3 researching better product... we all do that, though not for $3 except on ebay sometimes) then put a cost on your time. If it took you 3 hours to research the $3 saving, and your time is worth even just $10 an hour to you, then you've not saved anything. You've wasted 'money'. If, on the other hand, you're more worried about hoarding money and being unproductive and a bad social citizen, get involved in investing it instead. Let someone else put it to good use, whilst giving you some return."}
{"_id": "61557", "title": "", "text": "\"My only issue with the whole \"\"Comcast and TWC are in cahoots to set prices 10x higher than what they should be\"\" is the fact that Comcast and TWC are hardly the most profitable companies in the US.   I mean, they are large companies with decent revenues, but they aren't making much more than other companies of their size that are in different fields.  If they were really a monopoly setting prices crazy high and exploiting nearly a hundred million Americans on their monthly bill... Wouldn't Comcast have like, crazy have profits that rival the oil companies?  I mean, Comcast has 120,000 employees and a 10 billion USD income. That's perfectly in line with other companies of that size such as CocaCola or P&amp;G.   And hell, TWC reported a net *loss* of 2 billion USD last year. People think they are a monopoly that's overcharging for services... When they aren't even making money?\""}
{"_id": "61559", "title": "", "text": "\"**Yup!**  It's important to note that modern soft contact lenses let through 10 times as much oxygen as the original hard contacts that were in use 20 years ago.  The company you referenced, that's actually owned/run by the original inventor of soft contact daily lenses.  He started it up because he was outraged at the prices being charged by the big name vendors who had licensed his patent.  His story is here:  http://www.daysoftcontactlenses.com/GB/All-about-Daysoft.aspx  Two important things about re-using dailies.  **1)** Don't leave dailies in overnight, buy solution and take them out and wash them each night.  It really makes a difference in terms of complication rates.  You don't have to fill the contact holders up to the top, not even to the \"\"internal line\"\", but make sure the contacts are covered.  The latter will save you half on solution.  When I'm on a wilderness trip I will wear my contacts through every other night, because trying to wash my hands completely and the sanitary conditions... well it's just less risk and trouble imho than handling my contacts with potentially not-quite-perfectly-clean hands.  **2)** Don't use a single pair more than 2 or 3 weeks.  The risk of infections and complications gets too high using a single pair of general soft contacts around the one month mark.  This is my recollection of what a medical doctor at an ER near a University posted online 10 years ago.  You see university kids are far more likely/prone to over-use a pair, and he found that all the kids coming to his nearby ER with eye infections - had worn soft contacts for one month or more.  ALSO -- if you're taking them out at night and using solution (as I strongly recommend you do), at the two week part the cost of daily contacts matches the cost of the solution you are using.  So wearing a pair any longer than 2 weeks doesn't actually save you much more money.\""}
{"_id": "61573", "title": "", "text": "I don't think you've worked in sales. The high paying sales jobs usually have to compete in a competitive bid process. Companies don't just select vendors. They are mandated to create a competitive process to rule out what you're talking about. Of course, there are ways around this, but the norm is for a competitive sales process."}
{"_id": "61575", "title": "", "text": "\"Thanks for the info, things are starting to make more sense now. For some reason I've always neglected learning about investments, now that Im in a position to invest (and am still fairly young) I'm motivated to start learning.   As for help with TD Ameritrade, I was looking into Index Funds (as another commenter mentioned that I should) on their site and am a little overwhelmed with the options. First, I'm looking at Mutual Funds, going to symbol lookup and using type = \"\"indeces\"\". I'm assuming that's the same thing as an \"\"Index Fund\"\" but since the language is slightly different I'm not 100% sure. However, at that point I need some kind of search for a symbol in order to see any results (makes sense, but I dont know where to start looking for \"\"good\"\" index funds).    So my first question is: If I FIND a good mutual fund, is it correct to simply go to \"\"Buy Mutual Funds\"\" and find it from there? and if so, my second question is: How do I find a good mutual fund?   My goal is to have my money in something that will likely grow faster than a savings account. I don't mind a little volatility, I can afford to lose my investment, I'd plan on leaving my money in the fund for a several years at least.   My last question is: When investing in these types of funds (or please point me in another direction if you think Index Funds aren't the place for me to start) should I be reinvesting in the funds, or having them pay out dividends? I would assume that reinvesting is the smart choice, but I can imagine situations that might change that in order to mitigate risk...and as I've said a few times in this thread including the title, I'm a complete amateur so my assumptions aren't necessarily worth that much.   Thanks for the help, I really appreciate all the info so far.\""}
{"_id": "61586", "title": "", "text": "This does not really fit your liquidity requirement but consider buying a one or two room apartment to rent out with part of your savings. You will get income from it and small apartments sell quickly if you do need the money. This will help offset the negative interest from the rest. One downside is that other people have the same idea at the moment and the real estate prices are inflated somewhat."}
{"_id": "61588", "title": "", "text": "Good for consumers, Foot Locker will be forced to make adjustments to their business model in which I imagine in turn will give consumers great deals on their products.  When you buy directly from Adidas, they already give you 2-4 free shipping just by creating an account with them.  I just bought the Triple Black Japan Boost NMD and they came in two days from Adidas. A month ago, I bought the Multicolor Ultraboost from Foot Locker and it took 1.5 weeks."}
{"_id": "61593", "title": "", "text": "Sad part is that you aren't going to make meaningful gains with small account like that unless you are putting everything into one stock and trying to squeeze out 10% gains each trade. At this point, your main focus contributing money into the account regularly. You will be able to trade more frequently as you get more money into the account."}
{"_id": "61623", "title": "", "text": "You need to determine for the taxing jurisdiction when the next tax appraisal will be done. In some cases the appraisal is done every year, or two, or three. In other cases it is also done when the property is sold. The county tax office website should contain this information. They will also have information on how to appeal. Most jurisdictions do have a way of looking up not only the rates but the value of the property in question. You will also be interested in determining if the tax value of the property is lower due to local/state laws that limit the growth in value from one assessment to another. A sale of the property could trigger a catchup for the value. It is possible that the degraded value of the home has already been factored into the assessment. It is also possible that it hasn't. Keep in mind that taxes in some jurisdictions can be more complicated because there is also a town/city/county component, and some places that also breakout other items on the tax bill like storm water management, schools, pest spraying. These other items can be based on value, square footage of the lot, or a flat amount. You should get a local opinion on the likelihood of a successful appeal, and how much adjustment you would be able to get. Depending on the sale date and the due date for the taxes, you may be forced to pay the higher tax rate for a while until either the next re-appraisal or the next appeal window.  Note: the fact that it is being auctioned may mean that what you pay for the house may be immaterial because the tax authorities could determine that the motivation to sell quickly could have depressed the value. This type of sale will not impact the value of other houses and can't be used as a basis for determining the value of other properties."}
{"_id": "61638", "title": "", "text": "Patent Attorney here. Unfortunately obtaining a patent can be a long and expensive process. With that being said, you will have to do your research to see if this will be profitable or not. I've seen too many people spend a lot of money to obtain a patten and never follow through with selling their idea because of the costs involved. I wish I could tell you more, but I don't have enough information about what you hope to achieve. Feel free to PM if you would like to discuss further."}
{"_id": "61643", "title": "", "text": "\"Can you explain the mechanics of \"\"brute force\"\"? No analogies - just say what orders are placed when.  *They meet the ask and get the order because they don't care about getting the best deal.*  This is the part where you demonstrate you have absolutely no idea whatsoever about HFT.\""}
{"_id": "61655", "title": "", "text": "OK, were there any fund managers stupid enough to bet on Facebook? If there are, they should all be out of jobs by now. (They won't be, but they should.)  Facebook was a bad investment on paper, on hype, and on fundamentals. There was no reasonable expectation of it going up on IPO."}
{"_id": "61669", "title": "", "text": "\"You're right. The tech \"\"community\"\" has a hard-on for the mythos of Startup Founder: Hero of the Long Hours.   But, really, Marx must be rolling over in his grave right now, because as developers &amp; designers, we *own* the means of production. They're in. our. heads. And yet we still volunteer to be used as tools for other people to get rich off of.  This would be fine if, in exchange, those other people offered a cushy, secure life. But they almost never do. Because nerds want to be used.   I agree with you there: technology has no point if not to make the world better and our lives easier.   If you can make your employer $75k in a quarter, you already know how to deliver value. You just need to figure out what you need to switch around to do it for yourself instead.\""}
{"_id": "61682", "title": "", "text": "At exactly 105K you can take a deduction of 13/20*5500 = $3575 each and the rest ($1925) as a Roth deposit. No need to have non-deducted money, when you can just make use of both flavors of IRA."}
{"_id": "61688", "title": "", "text": "As a previous employee at Target the cashier's were all doing things wrong...you cannot buy AMEX or Visa prepaid cards with target giftcards or you get in big shit.    You are also not supposed to sell giftcards for giftcards.    This should all pop up automatically when the cashier rings it up...so i'm confused."}
{"_id": "61694", "title": "", "text": "If I'm buying preferred stock with liquidation preferences, I care what *that class of equity* is worth. I don't give a shit what common is worth.   The article takes a pretty banal point - common may not be worth what other classes are worth - and tries to make it into a conspiracy, which is fucking stupid."}
{"_id": "61706", "title": "", "text": "Here's one reason that's being overlooked in answers so far. (@ChrisInEdmonton, this is for your comment on @Chad's answer.) How do credit card companies make money? Sure, there's interest charges, but those are offset significantly by the cost of borrowing money, and by people defaulting on their debt / entering bankruptcy. The other way they make money is by processing transactions. They get a cut of whatever you buy. If you're a high-income person, and you're going to process a lot of expenditures with this credit card, your business is worth more. They will be willing to bribe you with things like cash-back, frequent flier miles, and insurance on your auto rentals, so that they can be your #1 go-to card.  (This works in concert with the way that some credit card vendors with richer clientele overall - American Express - get to charge higher merchant fees for access to these customers' wallets. But that was mentioned in other answers.) If you're not a high-income person, your business is worth less. If you go somewhere asking for credit, they're going to try and give you a card which will earn them the most money - which probably isn't the one where they give you back 50% of their transaction fee in rewards. It's a calculated risk, since they still have to compete against cash, debit cards, and all the other credit card companies, so they don't have you totally over a barrel, but you shouldn't expect as many freebies, either."}
{"_id": "61712", "title": "", "text": "Because you already have the answer as part of your question. The wealth is concentrated in the parents generation and they are pulling the rug after them. This is done in various ways: from costs of education to costs of entitlements to costs of housing to salary stagnation."}
{"_id": "61721", "title": "", "text": "&gt; as well as enlisting the U.S. intelligence community in their coverup of murdering of a couple hundred citizens of an allied nation and member of NATO?  Okay, let's not weaken the case against Russia here, because I can totally believe the US would do that.  (Would.  Not that it did.)"}
{"_id": "61729", "title": "", "text": "I'm more shocked that sears is still in business. I occasionally drop in to go to little ceasars and i rarely ever see more than a handful of people there. It's like what wal-mart would look like if it lost 90% of its customers."}
{"_id": "61734", "title": "", "text": "\"would it make sense to set up multiple bank accounts to avoid going above their thresholds?  Quite possiblly yes but you need to pay attention to the fine print. I don't know what the situation is in poland but in the UK accounts that pay high interest often have strings attached. For example the santander 123 current account pays very good interest but it has an account fee and some other requirements that are difficult to meet if you are not using it as your \"\"main current account\"\".  You need to read the terms carefully, if you go over the threshold does the lower rate only apply to money over the threshold? or does it apply to all the money in the account? Are there any other restrictions on how you use the account. Also I don't know if poland has any provisions for limited tax-advantaged savings (like the ISA scheme we have in the UK). If it does then that can add further complications. How to calculate how to maximize the profit here? Well in theory you would get the best account you can and fill it to the threshold. Then the next best account and so-on. You would move any interest paid in an account that was already full to the threshold to the best non-full account (or if the account strongly peanalises going over perhaps move an ammount of money equivilent to the interest just before the interest is paid). In practice that is a lot of work, so if the rates on the different accounts are similar you may want to leave some margin for interest or (in the case of an account that pays the lower rate on the overage while still paying the higher rate on money below the threshold) accepting that some of your money will earn slightly less than idea. Another option some accounts may offer is just to pay the interest to another account, avoiding the need to move it yourself. Finally you should check out your government's limits for compensation in the event of banks going bust. As a general rule you don't want to put more than that ammount in a single bank even if doing so would get you the best interest.\""}
{"_id": "61745", "title": "", "text": "Variable Annuities would be one option though there are SEC warnings about them, for an option that is tax-deferred and intended to be used for long-term investing such as retirement. There is a bit of a cost to gain the tax-deferral which may not always make them worthwhile."}
{"_id": "61750", "title": "", "text": "\"Sorry, I can't take you and the theory seriously when the document you posted refers to \"\"the friendzone\"\" and \"\"Feminism\"\" in the first chapter. And I do know and acknowledge the terms The Friendzone is a word created by weak men who don't know how to properly handle a woman. It is a real thing, but the only one who's putting you in it is you. Feminism has become retarded with some people, sadly.  The thing is, none of these things should be used in a socio-economic theory if you want to be taken seriously.  It does interest me for some reason, so I'll read it in depth in the future.\""}
{"_id": "61768", "title": "", "text": "\"You should really be talking to a tax adviser (EA/CPA licensed in your State) about taxes and to a lawyer about the liability protection. You won't find answers from neither of theses here. Besides the liability protection, how do these 2 options affect taxes? There's no liability protection difference between the two (talk to a lawyer to verify) since you'll be cosigning them personally either way. In the first case (loan to the LLC) - everything goes on the 1065 and you get the bottom line on K-1 which transfers to you own tax return. In the second case the loan interest is your personal investment expense (Schedule A deduction) while the loan proceeds you moved to the LLC add to your basis. I'd suggest getting the loan directly in the LLC name, if you can. However, the Lawyers seem to agree that this would void the mortgage   because of the \"\"Due on Sale\"\" clause in mortgage loans. \"\"Due on sale\"\" may or may not be invoked, but that's a risk you'd be taking, yes. LLC is a separate legal entity (as opposed to a living trust, to which your second quote seems to be referring), so it is definitely a possibility for a lender to call on the loan if you re-title it.\""}
{"_id": "61774", "title": "", "text": "\"Dude, be nice.  The series exams are pretty much all memorization.  So long as you memorize the rules, you pass.  You can't really reason your way into a passing grade, so you can't be upset with anyone for not having \"\"basic understanding\"\" after completing any of the exams.\""}
{"_id": "61777", "title": "", "text": "\"&gt; That must scare the shit out of kids.  Welcome to ToysRUs.   To better serve you, we've also recently changed internal policy so that employees must now wear bloody \"\"Killer Clown\"\" masks at the checkout counter.    Enjoy your day!\""}
{"_id": "61779", "title": "", "text": "I don't know that this study so much measures selfishness so much as consideration of a problem that you come face to face with, which might be significant for some category of selfishness.  That is to say, I don't think all instances of selfishness are like running into a starving person on the side of the road and not giving them money. Some might involve thinking of others without their envelope to their grandfather being right there, and capturing that might be even trickier than this already convoluted experiment."}
{"_id": "61782", "title": "", "text": "I think what you have here is actually TWO agreements with your sister, and explicitly splitting it into two agreements will bring some clarity. The first is ownership of and responsibility for the building. The second is each of your personal use of a unit.  Here's what you do: Treat ownership as if you're not living there. Split the down payment, the monthly mortgage, taxes and insurance, responsibility for cost of maintenance, etc. as well as the ownership and benefit of the building 70%/30%. Put all that in a contract. Treat it like a business. Second, lease those units to yourselves as if you were tenants. And yes, I means even with leases. This clarifies your responsibilities in a tenant capacity. More to the point, each of you pays rent at the going rate for the unit you occupy.   If rent from all three units equals the monthly expenses, nothing more needs to be done. If they're more than the monthly expenses, then each of you receives that as business income on that 70%/30% breakdown. If those three rents are less than the monthly expenses, then each of you are required to make up the difference, again at 70%/30%.  Note: if any of those expenses are utilities, then they should be apportioned via the rent -- just as you would if you'd rented out the whole building to strangers.  2nd note: all that can be done with ledger entries, rather than moving money around, first as rent, then as expense payments, then as payouts. But, I think it will benefit all of you to explicitly pay rent at first, to really clarify your dual relationship as joint owners and as tenants.  Final note: I think this is a stickier situation than you may think it is. Familial relationships have been destroyed both by going into business together, and by renting to family members. You're doing both, and mixing the two to boot. I'm not saying it will destroy your relationship, but that there's a solid risk there. Relationship destruction comes from assumptions and vague verbal agreements. Therefor, for the sake of all of you, put everything in writing. A clear contract for the business side, and clear leases for the tenant side. It's not about trust -- it's about understood communication and positive agreement on all important points."}
{"_id": "61787", "title": "", "text": "I think Wikipedia offers a very good explanation: A dividend reinvestment program or dividend reinvestment plan (DRIP) is an equity investment option offered directly from the underlying company. The investor does not receive quarterly dividends directly as cash; instead, the investor's dividends are directly reinvested in the underlying equity. The investor must still pay tax annually on his or her dividend income, whether it is received or reinvested. This allows the investment return from dividends to be immediately invested for the purpose of price appreciation and compounding, without incurring brokerage fees or waiting to accumulate enough cash for a full share of stock. So essentially, a dividend reinvestment plan is offered by companies directly, allowing investors to bypass brokerages, and immediately re-invests dividends rather than paying them out in cash. Investopedia also gives a straighforward definition: A plan offered by a corporation that allows investors to reinvest their cash dividends by purchasing additional shares or fractional shares on the dividend payment date.  A DRIP is an excellent way to increase the value of your investment. Most DRIPs allow you to buy shares commission free and at a significant discount to the current share price. Most DRIPS don't allow reinvestments much lower than $10.  I had a hard time finding a comprehensive listing of companies that offered DRPs (or DRIPs), but MyDollarPlan.com offers these suggestions:  Finding a Dividend Reinvestment Plan: Computershare offers one-stop shopping for hundreds of dividend reinvestment plans. They offer a searchable list that can be filtered to easily find a dividend reinvestment plan that fits your needs. You can also use OneShare. Probably the best way to find out if a company offers a dividend reinvestment plan is to visit the company website. Most companies have an Investor Relations area that will highlight the various options available to shareowners. For example: Coca-Cola, Disney, and Wal-Mart. Hope this helps! @YMCbuzz"}
{"_id": "61792", "title": "", "text": "\"Not a lot, directly. Your biggest direct risk is that you could buy the debt, and buy it at too high a price (i.e. too low an interest rate) and not make as much money as you ought (and maybe not enough to cover inflation, especially if you buy long-term bonds at low interest rates.) The indirect risks are mostly that the debt could weigh on economic growth: There is also a question of monetary policy, inflation, and interest rates set by the Federal Reserve. Theoretically the government could be tempted to keep interest rates low (to save money) and buy its own bonds (\"\"printing money\"\"), which could cause inflation. Theoretically, they shouldn't, as price stability is one of the Fed's primary mandates. But if they did, inflation makes everything less predictable and is generally obnoxious, which makes everything more risky and drags on the economy. Also, if the nominal value of an asset rises due to inflation, you will likely need to pay taxes on that at some point if you sell it, even though its real value is the same.\""}
{"_id": "61798", "title": "", "text": "\"It's not abnormal for a company that is as young as yours seems to be. It seems (based on what little I know), that you have debts, or accounts payable that were formerly covered by the $200 cash, but now aren't, because you paid it to yourself. For now, you're \"\"entitled\"\" to pay yourself a draw or a salary. But if you continue to do so without earning money to cover it, your company will fail.\""}
{"_id": "61813", "title": "", "text": "It really staggers me that Reddit has achieved such a high valuation. Don't get me wrong, its social value is immense, but investment value? I can bet you won't find a more anti-ad, anti-sponsor environment on the whole wide web lol. Good luck monetizing..."}
{"_id": "61819", "title": "", "text": "\"According to Soros in \"\"The Alchemy of Finance\"\", exchange rates fluctuations are mostly influenced by: (sorry I do not have the quote here, and I am paraphrasing from the top of my head what I read about a week ago). I mention his point of view as he is one of the most successful hedge fund manager ever, proved his skills, and dealt a lot with currencies. This is not just theory as he actively used the above points when managing his fund (as explained in the book). What I find interesting is that, according to him, the fundamental reason (the balance of trade) is not the most influential. Speculation on future value of currencies is the most influential, and these can set trends that can last years. Also it is key to notice that Soros thought foreign exchange markets are \"\"wrong\"\" most of the time, just like he thought stock markets are \"\"wrong\"\" most of the time (a point on which Warren Buffet and Jim Rogers also agree from my understanding).\""}
{"_id": "61832", "title": "", "text": "\"Yes, of course there have been studies on this.  This is no more than a question about whether the options are properly priced. (If properly priced, then your strategy will not make money on average before transaction costs and will lose once transaction costs are included.  If you could make money using your strategy, on average, then the market should - and generally will - make an adjustment in the option price to compensate.) The most famous studies on this were conducted by Black and Scholes and then by Merton. This work won the Nobel Prize in 1995. Although the Black-Scholes (or Black-Scholes-Merton) equation is so well known now that people may forget it, they didn't just sit down one day and write and equation that they thought was cool. They actually derived the equation based on market factors. Beyond this \"\"pioneering\"\" work, you've got at least two branches of study.  Academics have continued to study option pricing, including but not limited to revisions to the original Black-Scholes model, and hedge funds / large trading house have \"\"quants\"\" looking at this stuff all of the time.  The former, you could look up if you want. The latter will never see the light of day because it's proprietary. If you want specific references, I think that any textbook for a quantitative finance class would be a fine place to start.  I wouldn't be surprised if you actually find your strategy as part of a homework problem. This is not to say, by the way, that I don't think you can make money with this type of trade, but your strategy will need to include more information than you've outlined here.  Choosing which information and getting your hands on it in a timely manner will be the key.\""}
{"_id": "61853", "title": "", "text": "\"But what happen if the stock price went high and then go down near expiry date? When you hold a short (sold) call option position that has an underlying price that is increasing, what will happen (in general) is that your net margin requirements will increase day by day.  Thus, you will be required to put up more money as margin to finance your position.  Margin money is simply a \"\"good faith\"\" deposit held by your broker.  It is not money that is debited as cash from the accounting ledger of your trading account, but is held by your broker to cover any potential losses that may arise when you finally settle you position.   Conversely, when the underlying share price is decreasing, the net margin requirements will tend to decrease day by day.   (Net margin is the net of \"\"Initial Margin\"\" and \"\"Variation Margin\"\".) As the expiry date approaches, the \"\"time value\"\" component of the option price will be decreasing.\""}
{"_id": "61858", "title": "", "text": "This has been rehashed many times over, you should not have a family of three if you are on minimum wage.   You can't afford a Mercedes lease on the minimum wage does that mean you should increase it? No. You simply make decisions to support your lifestyle, don't bring three kids(or significant other and a kid, either way not relevant) into your life if you can't support yourself.    edit: Was expecting downvotes, I suggest you take a basic Economics class."}
{"_id": "61860", "title": "", "text": "He did not go into specifics but he said that a usual case would probably be around $10 to $20 million. And that they make the deal in a matter of days. The deal usually closes after extensive due diligence between them and another law firm."}
{"_id": "61864", "title": "", "text": "\"What is being described in Longson's answer, though helpful, is perhaps more similar to a financial spread bet. Exactly like a bookmaker, the provider of a spread bet takes the other side of the bet, and is counter party to your \"\"trade\"\". A CFD is also a bet between two parties. Now, if the CFD provider uses a market maker model, then this is exactly the same as with a spread bet and the provider is the counter party. However, if the provider uses a direct market access model then the counter party to your contract is another CFD trader, and the provider is just acting as an intermediary to bring you together (basically doing the job of both a brokerage and an exchange). A CFD entered into through a direct market access provider is in many ways similar to a Futures contract. Critically though, the contract is traded 'over-the-counter' and not on any centralized and regulated exchange. This is the reason that CFDs are not permitted in the US - the providers are not authorized as exchanges. Whichever model your CFD provider uses, it is best to think of the contract as a 'bet' on the future price movements of the underlying stock or commodity, in much the same way as with any other derivative instrument such as futures, forwards, swaps, or options. Finally, note that because you don't actually own the underlying stock (just as Longson has highlighted) you won't be entitled to any of the additional benefits that can come with ownership of a stock, such as dividend payments or the right to attend shareholder meetings. RESPONSE TO QUESTION So if I understand correctly, the money gained through a direct market access model comes from other investors in the same CFD who happened to have invested in the \"\"wrong\"\" direction the asset was presumed to take. What happens then, if no one is betting in the opposite direction of my investment. Your understanding is correct. If literally nobody is betting in the opposite direction to you, then you will not be able to trade. This is true for any derivative market; if suddenly every single buyer were to remove their bids from the S&P futures, then no seller would be able to sell. This is a very extreme scenario, as the S&P futures market is incredibly liquid (loads of buyers and sellers at all times).  However, if something like this does happen (the flash crash of 2010, for example), then the centralized futures exchanges such as the CME have safeguards in place - the market become locked-limit so that it can only fall so far, there may be no buyers below the lock limit price, but the market cannot fall through it. CFD providers are not obliged to provide such safeguards, which is why regulators in the US don't permit them to operate. It may be the case that if you're trying to buy a CFD for a thinly traded and ill-liquid stock there will be no seller available. One possibility is that the provider will offer a 'hybrid' model, and in the absence of an independent counter party they will take the opposite side of your bet, and then offset their risk by taking an opposing position in the underlying stock.\""}
{"_id": "61914", "title": "", "text": "The FRB mandate is to shoot for maximum employment and stable dollar. Nowhere does it list that they should be concerned with stock prices.  Moving too quickly in the past could have triggered an exogenous shock in an already fragile housing market, developing country, or significantly slowed hiring. Instead they have the current problem which Dalio admitted on BB interview today that is manageable but tricky. His primary concern is that there will be a debt crisis. But the FRB is not in the business of trying to prevent future problems (which is partially how we got here).   Edit: I am also of the mindset that any finance person will talk their book, so I take their words with a grain of salt."}
{"_id": "61919", "title": "", "text": "\"Alternatively you could exercise 12000 shares for $36000 and immediately sell 7200 shares to recover your exercise price. Then you use the remaining 4800 share to pay the exercise price of the remaining 8000 options. Both scenarios are equivalent but may have different fees associated, so it's worth checking the fine print.  Tax wise: The above example is \"\"cash neutral before taxes\"\". The taxes associated with these transaction are substantial, so it's highly recommended to talk with a tax adviser. \"\"cash neutral after taxes\"\" depends highly on your specific tax situation.\""}
{"_id": "61923", "title": "", "text": "metal polishingHere at waxonwaxoffltd we can polish any motorcycle/car part. Aluminum, alloy, stainless steel or chrome. From engine casing, crank casing, frames, swing arms, wheels and hubs and all small parts. If you have a custom piece we can polish it. All metal polishing jobs are considered, from motorcycle to industrial, household to the unusual, we'll do our best to give you a quote."}
{"_id": "61924", "title": "", "text": "\"You've asked eleven different questions here.  Therefore, The first thing I'd recommend is this: Don't panic. Seek answers to your questions systematically, one at a time.  Search this site (and others) to see if there are answers to some of them.  You're in good shape if for no other reason than you're asking these when you're young. Investing and saving are great things to do, but you also have time going for you.  I recommend that you use your \"\"other eight hours per day\"\" to build up other income streams.  That potentially will get you far more than a 2% deposit. Any investment can be risky or safe.  It depends on both your personal context and that of the larger economy.  The best answers will come from your own research and from your advisors (since they will be able to see where you are financially, and in life).\""}
{"_id": "61926", "title": "", "text": "\"Keep saving or investing, but set aside a relatively modest amount for \"\"fun money\"\". That way, you can go have a good time without thinking too much about what you're spending within the limits you spend for yourself. You don't need to spend lavishly to have a good time!  Not having the stress on your shoulders of worrying about money is a huge thing. Savor it!\""}
{"_id": "61936", "title": "", "text": "Sure! Started working since I was 12, used that money to buy a car, and was working full time starting at 15 years old. By 17 had two full time jobs and banked all that money, besides buying a car.  At 18 fulfilled my dream and was hired as a police officer. Did the academy for 6 months, saving all of that money to buy a trailer to live in for cheap.  Max out pay for my department was 5 years, so by 23 years old I was making 68,000 a year. With overtime and details included( I basically worked anytime I could, 8 hour shift with either an 8 hour detail or double shift) usually kept one day off, working my other day off.   My take home for the year after taxes was somewhere around 90k give or take, with my living expenses barely passing 25k a year. Banked all that money for years. When I hit 25ish I got together with my now wife, also an officer making the same amount. She also received about 300k from a settlement. So with both of our salaries plus money invested since I was about 14, annual take home was about 200k.   Saved for 2 more years and at 28, used the 300k to buy a house and pay off any vehicles and credit card debt.  Paid cash for the house so no mortgage, no car payments, just utilities and taxes for the year.  With the budget set we were able to retire living just like we were. There is a lot more to it but that's the quick summary!"}
{"_id": "61947", "title": "", "text": "I would look for business broker websites and start searching there to get an idea what they cost.   If you're interested in running one I would strongly suggest finding someone who does that can mentor you or working as a manager for a couple of years.  Small business ownership is very hard."}
{"_id": "61961", "title": "", "text": "The right day care is also simply more advantageous from an educational standpoint, as children spend their time not just being cared for until their parents return but go also through custom learning activities that aid their ability to learn."}
{"_id": "61962", "title": "", "text": "Investopedia has this note where you'd want the contrapositive point: The interest rate, commonly bandied about by the media, has a wide and   varied impact upon the economy. When it is raised, the general effect   is a lessening of the amount of money in circulation, which works to   keep inflation low. It also makes borrowing money more expensive,   which affects how consumers and businesses spend their money; this   increases expenses for companies, lowering earnings somewhat for those   with debt to pay. Finally, it tends to make the stock market a   slightly less attractive place to investment. As for evidence, I'd question that anyone could really take out all the other possible economic influences to prove a direct co-relation between the Federal Funds rate and the stock market returns.  For example, of the dozens of indices that are stock related, which ones would you want that evidence: Total market, large-cap, small-cap, value stocks, growth stocks, industrials, tech, utilities, REITs, etc.  This is without considering other possible investment choices such as direct Real Estate holdings, compared to REITs that is, precious metals and collectibles that could also be used."}
{"_id": "61968", "title": "", "text": "\"It depends on your definition of \"\"inactive\"\". If you have credit cards open and do not use them at all for a period of time, some lenders will not update your usage to the credit bureaus while some will close your account in which will definitely hurt your credit score. But since you use your card once in a while and pay them off, you should be good. Lenders like to see some activity rather than no activity. If there are great offers out there by credit card companies, then why not take advantage of them? The only downside may be the annual fees if there is any but with your credit score, it implies you are financially responsible so there should be no 'compelling financial reason' to not open more cards. In fact, the number of credit accounts you have open can play a role on your score. Essentially the more the better. According to Credit Karma, 0-5 credit accounts is very poor, 6-10 is poor, 11-20 is good, 21+ is excellent.\""}
{"_id": "61983", "title": "", "text": "\"Well sounds like Disney is gonna have less people watching their movies, lol  How many people who have Netflix are going to go \"\"Oh yeah definitely I'm going to pay for yet *another* streaming service!\"\" vs how many people are they going to pick up who don't already subscribe to netflix (hint not many).    So Disney is not going to gain *new* viewers, they are just going to attempt to take them from netflix, but with *only* a few hundred movies, good luck keeping them subscribed.\""}
{"_id": "61985", "title": "", "text": "\"As far as I understand, OP seems to be literally asking: \"\"why, regarding the various contracts on various exchanges (CBE, etc), is it that in some cases they are 'cash settled' and in some 'physically settled' -?\"\" The answer is only that \"\"the exchange in question happens to offer it that way.\"\" Note that it's utterly commonplace for contracts to be settled out physically, and happens in the billions as a daily matter.  Conversely zillions in \"\"cash settled\"\" contracts play out each day.  Both are totally commonplace. Different businesses or entities or traders would use the two \"\"varieties\"\" for sundry reasons. The different exchanges offer the different varieties, ultimately I guess because they happen to think that niche will be profitable.  There's no \"\"galactic council\"\" or something that enforces which mode of settlement is available on a given offering - ! Recall that \"\"a given futures contracts market\"\" is nothing more than a product offered by a certain exchange company (just like Burger King sells different products). I believe in another aspect of the question, OP is asking basically:  \"\"Why is there not, a futures contract, of the mini or micro variety for extremely small amounts, of currency futures, which, is 'physically' settled rather than cash settled ..?\"\" If that's the question the answer is just \"\"whatever, nobody's done it yet\"\".  (Or, it may well exist.  But it seems extremely unlikely?  \"\"physically\"\" settled currencies futures are for entities operating in the zillions.) Sorry if the question was misunderstood.\""}
{"_id": "61989", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-21/why-wages-aren-t-growing) reduced by 93%. (I'm a bot) ***** &gt; Although very recently some signs have emerged that wages may be set for a pickup, workers are far from getting the gains you&amp;#039;d assume the market is signaling they deserve.  &gt; In part, the problem has been caused by the globalization of the labor force, which pits workers in one country in more direct competition with workers in other countries, often with large differences in wage levels.  &gt; On top of that, the Economic Policy Institute in a 2016 research paper made the case that all workers would gain from unions, even those who aren&amp;#039;t members, because higher rates of unionization would boost wages overall by setting pay standards employers are compelled to follow.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/7268xx/why_your_wages_arent_growing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~215757 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **Wage**^#2 **more**^#3 **percent**^#4 **labor**^#5\""}
{"_id": "62003", "title": "", "text": "Virgin and AMP Flexible Super both offer funds that track Australian indexes."}
{"_id": "62019", "title": "", "text": "A better answer is to put the money in a Dodd-Frank qualified non interest bearing checking account.  FDIC covers the entire balance, there is no upper limit on the insurance.  This will only be good till the end of 2012 but for short term landing spot this works well.  Forget the interest you will earn and go for the safety of the principal."}
{"_id": "62027", "title": "", "text": "I agree, again, for the most part. But I still see the trend of real-estate to be going down. I would much rather have my money in an up-trend. While many people should still buy homes for the same reasons they would if the bubble weren't there and still crashing."}
{"_id": "62047", "title": "", "text": "\"I think this question is perfectly on topic, and probably has been asked and answered many times.  However, I cannot help myself. Here are some basics however: Personal Finance is not only about math.  As a guy who \"\"took vector calculus just for fun\"\", I have learned that superior math skills do not translate into superior net worth.  Personal finance is about 50% behavior.  Take a look at the housing crisis, car loans, or payday lenders and you will understand that the desire to be accepted by others often trumps the math surrounding a transaction. Outline your goals  What is it that you want in life?  A pile of money or to retire early?  What does your business look like?  How much cash will you need?  Do you want to own a ton of rental properties?  How does all this happen (set intermediate goals). Then get on a budget  A budget is a plan to spend your money in advance.  Stick to it.  From there you can see how much money you have to implement various goals.  Are your goals to aggressive?   This is really important as people have a tendency to spend more money then they have.  Often times when people receive a bonus at work, they spend that one bonus on two or three times over.  A budget will prevent this from happening. Get an Emergency Fund  Without an emergency fund, you be subject to the financial whims of people involved in your own life and that of the broader marketplace.  Once you have one, you are free to invest with impunity and have less stress in a world that deals out plenty.  Bad things will happen to you financially, protect against them. The best first investments are simple:  Invest in yourself.  Find a way to make a very healthy income with upward mobility.  Also get out and stay out of debt.  These things are not sexy, but they pay off in the long run. The next best investment is also simple:  Index funds.  These become the bench mark for all other investments.  If you do not stand a good chance of beating the S&P 500 index fund, why bother?  Just dump the money in the fund and sleep well at night.\""}
{"_id": "62048", "title": "", "text": "\"Gotta beat them with price and games. You toss xbox on there and you'll have every 14 year old \"\"gamer\"\" screaming to get one. Hell, even if it's just a wrapper for simple games like angry birds.\""}
{"_id": "62051", "title": "", "text": "Others have pointed out why one typically chooses a CD: to lock in an interest rate that's higher than most other savings accounts (at the expense of having quick access to your money). While most savings accounts have practically 0% return, there are high yield savings accounts out there with little to no strings that offer ~1% APY. I've personally not found CDs to be compelling when viewed against those, especially for something like an emergency fund where I'd rather just know it's available without having to think about penalties and such. Some people ladder CDs so that they're always no more than a month or so away from having access to some of the money, but for the return I've decided I prefer to just avoid the hassle. For 2.25%, which I haven't really seen, I might consider it, but in any case, you're better served by paying more to your loans."}
{"_id": "62052", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.brookings.edu/research/the-closing-of-the-jobs-gap-a-decade-of-recession-and-recovery/) reduced by 95%. (I'm a bot) ***** &gt; The average rate of recovery in the jobs gap after the trough of the Great Recession was 116 thousand jobs per month, and it took 89 months to close the gap.  &gt; The recessions of 1981 and 1990 involved smaller and briefer jobs gaps, with recovery to the demographically adjusted, pre-recession employment rate after 40 and 48 months, respectively.  &gt; The 2001 recession saw a more gradual decline in jobs, and a slower recovery; the jobs gap from the 2001 recession did not close before the Great Recession started.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s3z53/the_jobs_gap_has_closed/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~185011 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **employment**^#1 **gap**^#2 **rate**^#3 **job**^#4 **Recession**^#5\""}
{"_id": "62060", "title": "", "text": "&gt;&gt;Mark Robinson, a lawyer for plaintiff Eva Echeverria, said outside the courtroom that J&amp;J should start warning women immediately about the risks of its talcum powder.  This isn't how a company loses a lawyer or even a law firm, letting  verdicts averaging $75 million turn into $400 million+ because you won't warn users - that's how you lose a CEO."}
{"_id": "62061", "title": "", "text": "\"I do find it interesting how live sports are the glaring exception to people not watching live TV. The reason for this is obvious, you want to watch the local team/the big game as it happens so it isn't spoiled and so on, and it probably helps explain why the NFL and other leagues, and a network like ESPN can thrive. Of course they might still move away from live tv broadcast anyway thanks to things like watch.espn and all the leagues having their own \"\"online\"\" networks now.\""}
{"_id": "62069", "title": "", "text": "You need to use one of each, so a single order wouldn't cover this:  The stop-loss order could be placed to handle triggering a sell market order if the stock trades at $95 or lower.  If you want, you could use a stop-limit order if you have an exit price in mind should the stock price drop to $95 though that requires setting a price for the stop to execute and then another price for the sell order to execute. The limit sell order could be placed to handle triggering a sell if the stock rises above $105. On the bright side, once either is done the other could be canceled as it isn't applicable anymore."}
{"_id": "62072", "title": "", "text": "\"Reality on the ground is, once a drug is FDA approved for \"\"X\"\", doctors can prescribe it for anything they find appropriate. They can be sued for malpractice, but it's uncommon for suets to be brought for off label prescription use. For example, it's common for doctors to use weak antibiotics as placebos.\""}
{"_id": "62079", "title": "", "text": "\"The most common way to handle this in the US is with a UTMA account. UTMA is the Uniform Transfers / Gifts to Minors Act (\"\"UTMA\"\" or \"\"UGMA\"\") which is a standard model law that most states have passed for special kinds of accounts. Once you open an account, anyone can contribute. Usually parents and grandparents will contribute $13,000 or less per year to make it a tax free transfer, but you can transfer more. The account itself would just be a standard brokerage account of any sort, but the title of the account would include your son's name, the applicable law depending on your state, and the name of the custodian who would control the account until your son turned 18. When your son does turn 18, the money is his. Until then, the money is his, but you control how it's invested. I'm a huge fan of Vanguard for UTMA/UGMAs. You may prefer to diversify a bit away from one company by selling the GE shares and buying an index mutual fund so that your child's education is not jeopardized by a rogue trader bringing down General Electric sometime in the next decade...\""}
{"_id": "62088", "title": "", "text": "\"I *think*... the topic of the essay states: \"\"Provide a thorough discussion if the meaning  and interpretation of the four descriptive statistical measures required in your analysis: Arirthmetic mean, Variance, Standard Deviation, and coefficeint of variation. for example, how are these measures related to each other?\"\"  I have no idea what I'm doing. I'll buy you reddit gold for a year if you help me out.\""}
{"_id": "62109", "title": "", "text": "I imagine the same results would occur as with any other business that is owed money. For a short period the company will try to collect their debts directly from the consumer. If unsuccessful, the company may then sell their right to the debt over to a collections agency. The collection agency will then pursue more aggressive collections tactics and/or legal action to collect."}
{"_id": "62130", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-18/barclays-puts-in-sensors-to-see-which-bankers-are-at-their-desks) reduced by 86%. (I'm a bot) ***** &gt; Barclays Plc has installed devices that track how often bankers are at their desks.  &gt; Managers were peppered with queries when investment bank staff in London discovered black boxes stuck to the underside of their desks in recent months, according to several Barclays employees who asked not to be identified speaking about their workplace.  &gt; Hot-desking may appeal as a cost-cutting strategy to Barclays Chief Executive Officer Jes Staley, who has said there are &amp;quot;Tremendous savings&amp;quot; to be made by reducing the bank&amp;#039;s real-estate footprint.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ukg68/barclays_puts_in_sensors_to_see_which_bankers_are/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194042 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **Barclays**^#2 **how**^#3 **devices**^#4 **office**^#5\""}
{"_id": "62143", "title": "", "text": "Exactly, and that is a big 'if'. Growing companies often do not distribute dividend because they reinvest everything into the company. Although sometimes, to make shares more attractive, they'll give dividend. It's all up to the board and what they think is the most prudent move."}
{"_id": "62149", "title": "", "text": "\"Just like Pete, for me, a simple budget is good. My budget is probably more complicated than some, but for medical expenses, I only have one budget item titled \"\"Medical.\"\"  However, if you've already been breaking it out further than that, and you are happy with it, there is no need to change now.  Something you can do is to separate your budget categories from your money accounts. Here's what I mean: let's say that last year at this time, before the FSA, you had $500 total allocated to your various medical budget categories. This year, you can do the same. The only difference is that $300 of that just happens to be in your FSA, and $200 is in whatever account you kept your medical money in last year. Then when you have your next medical expense, you'll subtract it from one of your medical budget categories (which tells you how much you have left to spend on medical expenses), and you'll also subtract it from whichever account you actually spent the money (so you know your current account balances). You'll want to spend your FSA money first, since it's use-it-or-lose-it. If that seems like a lot of work, a good budgeting software program, such as YNAB, EveryDollar, or Mvelopes, will do most of the accounting for you, separating your budget category balances from your bank balances. They allow you to split up your money without having to worry about which account you are paying from.\""}
{"_id": "62151", "title": "", "text": "[] As you can see from the graphs above, as absolute distance from ATM (At The Money) increases, the ratio represented by Delta begins to approach 0:1 or 1:1. Meaning, as Delta approaches 1 the option price moves up 1 dollar for every 1 dollar the stock price moves up. As Delta approaches 0 the option price does not move as the stock price moves. As the absolute distance from ATM increases Gamma approaches zero (0). Meaning, as the price of the option increases or decrease the change in delta is at its highest as the option price is nearest the money. As the price of the option moves away from the money, in either direction, it changes less drastically. Interestingly, Delta is the first derivative of the value of the option price with respect to the underlying asset price. And Gamma is the first derivative of Delta. Definition of Delta Definition of Gamma"}
{"_id": "62162", "title": "", "text": "\"The day I paid my last student loan payment and my last car payment was (January 4, 2000) a very happy day for me, being then 100% debt free.  It is a very good feeling, especially since I was saving cash as well.  It's a great thing to know that no-one \"\"owns\"\" you. Many others here have provided useful information about debt, and I know that paying off your existing loans will improve your credit rating, in case you want to go back into debt (which I did later in 2000, by buying a house). For most people, borrowing money to invest it is complicated (make sure you're not paying more on your borrowed $ than you make on your investment) due to the fact that most investments have risk involved. I would say that being debt-free is a very good goal, and there's a level of freedom it gives you.  Just make sure you have your \"\"rainy day\"\" fund building while you're on your way to getting there.\""}
{"_id": "62169", "title": "", "text": "You do? So you are a good friend of Steve Jobs? Or is all you know random stories you read somewhere?  After all, you are not stating, that Jobs is sometimes mean to his employees. Or that he is sometimes aggressive when he doesn't get his way. You are talking about Steve Jobs true nature. And that, you can't know from some random texts you read somewhere.  By the way, it is about as idiotic, as your insult towards me.  ALl you make are random assumptions based on gossip and your own prejudices."}
{"_id": "62185", "title": "", "text": "It's quite the contrary. If there are mass failures of banks, then the money supply will collapse and there will be vicious deflation, increasing the value of money held as cash. It's only if governments print money to bail the banks out that there's a (small) risk of hyperinflation and the effective collapse of the currency."}
{"_id": "62193", "title": "", "text": "Heh, I was a recently unemployed mechanical engineering graduate, and gotta tell you, there weren't many positions open for the little bit of experience I had. I've had plenty of friends who decided to go to grad school for this very reason, and no they weren't the bottom of the barrel, and yes they had some experience as well."}
{"_id": "62203", "title": "", "text": "Follow the incentive advice here and offer people a coupon or something if they leave a review.  People WILL give feedback on a good visit if they have a reason to.  As someone who works in software, I can tell you that your information is not completely gone, they just don't want to spend the time to get it back into the production database for you.  Outsourcing to India doesn't help either as those people are worthless."}
{"_id": "62222", "title": "", "text": "\"Ditto other answers, but I'd add there's a lot of psychology going on in a sale. If you're paying cash, you presumably have a pretty fixed upper limit on what you can spend. But if you're getting a loan, a large increase in the price of the car may sound like just a small addition to the monthly payment. Also, these days dealers often try to roll \"\"extended warranties\"\" into the loan payment. Most people can't calculate loan amortizations in their heads -- I'm pretty good at math, and I need a calculator to work it out, assuming I remember or wrote down the formula -- a dealer can often stick a piece of paper in front of you saying \"\"Loan payment: $X per month\"\" with fine print that says that includes $50 for the extended warranty, and most people would just say, \"\"oh, okay\"\".\""}
{"_id": "62233", "title": "", "text": "&gt; But if I have my own iPhone and I volunteer to use it (instead of being out of communication from 5pm - 8am) and they turn around and tell me that a device that I bought and use for personal reasons is limited to whatever they decide to allow me to use, well forget that.  If it's your personal device, indeed! If you have *confidential or proprietary company data on it* -- such as internal emails via ActiveSync -- then it becomes very relevant for your employer to secure it."}
{"_id": "62244", "title": "", "text": "Depends what you mean by business world and finance world.   NYTimes Sunday business section is a good start - mostly for large business.  The Only Investment Guide You'll Ever Need by Andrew Tobias for how to invest your personal money - and you'll see why no one who says they can predict the market is accurate for very long.   INC Magazine for running a small company"}
{"_id": "62281", "title": "", "text": "\"Click on the ? icon next to \"\"Employer Plan\"\". This is used to determine if you can deduct your annual contributions from your taxes. For more information on how an employer plan can affect your IRA tax deduction, see the definition for non-deductible contributions. So, we look there: The total of your Traditional IRA contributions that were deposited without a tax deduction. Traditional IRA contributions are normally tax deductible. However, if you have an employer-sponsored retirement plan, such as a 401(k), your tax deduction may be limited.  The $20K difference between $272K and $252K just happens to be $15% of $132,500 which is the amount of your non-deductible contributions.\""}
{"_id": "62284", "title": "", "text": "they have been incrementally making more and more stuff illegal in this area. when my family members started in the business almost anything was ok so long as you didn't hurt your own company, which you had a duty towards.  as a board member, unfortunately, Gupta did have a duty towards the companies. so there's nothing borderline about what he did.  a major figure in this story contacted a family member for tips once. that family member politely got off the phone. it's not hard, or blurry, for someone with real ethics."}
{"_id": "62290", "title": "", "text": "There are several camps for stock valuation, and much of it boils down to your investment style.  A growth investor will not consider something with a 50x P/E ratio to be overvalued, but a value investor certainly would. I would recommend looking up the Fama-French n-factor model (it was 3-factor, I believe they have released newer papers which introduce other factors), and reading The Intelligent Investor by Benjamin Graham.  Graham's methodology is practically canon for many investors, and the methodology focuses on value, while outlining quantitative factors for determining if a stock is under or over valued."}
{"_id": "62308", "title": "", "text": "ISO-14001  Environmental Management Systems.  ISO 14001 is a universal standard suitable for large and small businesses in any sector. In many sectors certification to ISO 14001 has become a requirement for trade, as organisations seek to mitigate environmental risk whilst managing sustainable growth.  ISO 14001 is an Environment Management System (EMS), which is a tool for managing the impact of an organisations activities on the environment. It takes a pro-active approach, and allows business to consider environmental issues before they become a problem, rather than reacting to them afterwards.  If your company invests in ISO 14001 accreditation, you are showing your staff, customers and the wider business community that you are not only committed to protecting the environment in the short term, but you are also willing to work within the guidelines of international environmental law in future.  Our consultant will be happy to discuss this with you any time This System is suitable for all small to medium size enterprises   CALL NOW For Free Consultation +971 50 3483821 !!!."}
{"_id": "62309", "title": "", "text": "One reason why they limit it is to protect you. If I hack your account, I get your entire financial history. I can see a copy of every check you ever wrote. I can see the account number with every doctor, utility, and credit card. I can also see the account information on the back of those checks for all your relatives who you sent $10 for their birthday.  I can use the information in those accounts to see where you used to live, this allows me to spoof you when applying for new credit. If they ask if I ever lived on Main street in Anytown USA. I can confidently say yes. If I only let you download a window of time, the responsibility is on you to protect that data that is before the window. They protect it in file isolated from the internet, and finally only in archive locations. Some of the information doesn't exists in electronic form. Data from the 1990's and earlier may not exist in the form you want. They have been expanding the windows over time. I can see/download a pdf of my monthly statement going back 7 years. Of course that data can't go directly into quicken. Some places do let you get a file that goes back farther, but they charge you for it, and it can only be done by them sending you the file. That prevents you from downloading your entire  history everyday. That times 70 Million customers would overwhelm their server and other infrastructure. Regarding the amount of data:"}
{"_id": "62317", "title": "", "text": "So now you have to go hunting for things to be offended by? New level of desperation there.   Let's discuss a timely topic, which I'm sure you have an opinion on:  Do you feel transgender people, with over 40% suicide rate, should be allowed in the military?   I look forward to your intelligent discourse.  (Though the question will likely offend you as well)"}
{"_id": "62320", "title": "", "text": "If you're selling a product of actual value, and willing to do the recruiting hustle then a Network Marketing Scheme might work out for you. If you can't make money just selling the product, or it's not a product you'd support I would stay far away. In the US, it is my understanding that MLM is legal if your earnings can surpass your sponsor's. Disclaimer: I did Quixtar (Amway online) in college. But I didn't succeed because I didn't nag all my family and friends to join nor hustle the products. I have met folks who have actually done well with it, and I think without really screwing anyone else over."}
{"_id": "62335", "title": "", "text": "Okay. The goal should be to avoid taxing those at the lower bracket. So no taxes for those making 30,000 and under. A lower bracket for those making $31,000 to $80,000. Leave in deductions for taxes paid to states. These can be very high and many are taxed twice. Trump's plan removes many deductions used for double taxes.  Leave in mortgage interest deduction. It benefits mostly small rental companies and home owner.  Get rid of many business deductions. Lower corporate taxes, especially on new businesses.   There is a start.  You want to have a discussion regarding this."}
{"_id": "62346", "title": "", "text": "A 20% dividend yield in most companies would make me very suspicious. Most dividend yields are in the 2-3% range right now and a 20% yield would make me worry that the company was in trouble, the stock price had crashed and the dividend was going to be cut, the company was going to go out of business or both."}
{"_id": "62352", "title": "", "text": "I don't give companies that much credit, I think they didn't realize the value of good customer service until they fucked it up and started loosing sales as a result. Just look at Amazon, they have had awesome customer service for years and that is what draws a lot of people to shop there."}
{"_id": "62360", "title": "", "text": "\"Market makers, traders, and value investors would be who I'd suspect for buying the stock that is declining. Some companies stocks can come down considerably which could make some speculators buy the stock at the lower price thinking it may bounce back soon. \"\"Short sellers\"\" are out to sell borrowed stocks that if the stock is in free fall, unless the person that shorted wants to close the position, they would let it ride. Worthless stocks are a bit of a special case and quite different than the crash of 1929 where various blue chip stocks like those of the Dow Jones Industrials had severe declines. Thus, the companies going down would be like Apple, Coca-Cola and other large companies that people would be shocked to see come down so much yet there are some examples in recent history if one remembers Enron or Worldcom. Stocks getting delisted tend to cause some selling and there are some speculators may buy the stock believing that the shares may be worth something only to lose the money possibly as one could look at the bankrupt cases of airlines and car companies to study some recent cases here. Circuit breakers are worth noting as these are cases when trading may be halted because of a big swing in prices that it is believed stopping the market may cause things to settle down.\""}
{"_id": "62378", "title": "", "text": "Section Four of the amendment reads: The validity of the public debt of the United States, authorized by law, including debts incurred for payments of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.  In other words, if President Obama wants to, he could unilaterally invoke this provision and go ahead and get the money he needs.  Good articles describing this in some detail can be found here and here."}
{"_id": "62393", "title": "", "text": "\"&gt;DCF only works with stable cash flows  A DCF works with whatever cash flows you are willing to forecast.  If you have extreme skepticism about those forecasts then you can either adjust them, run sensitivity analyses, or use a significantly higher discount rate (or all three).   All of those approaches will help you establish upper and lower bounds for a valuation.  &gt;Facebook could argue, the core rationale for the acquisition was to stay current with their users keeping their core product attractive to their customers (advertisers).  So what you're saying is that Facebook can forecast that by acquiring Snapchat they're able to \"\"keep X users for Y period of time\"\" but they then can't make the next logical leap to figure out how to apply a profit/revenue factor to those user numbers in order to create a suitable DCF?\""}
{"_id": "62397", "title": "", "text": "\"how is the money the FDIC has collected Fees collected from the banks: The FDIC receives no Congressional appropriations \u2013 it is funded by premiums that banks and thrift institutions pay for deposit insurance coverage and from earnings on investments in U.S. Treasury securities. http://www.fdic.gov/about/learn/symbol/index.html They also use the proceeds from liquidating the assets of failed banks to make payouts. Are there country specific agencies with a similar mission? Canada Deposit Insurance Corporation Instituto para la Ptotecci\u00f3n al Ahorro Bancario (Mexico) Financial Services Compensation Scheme (UK) not quite like the FDIC You'll have to search for others yourself. :) Most importantly, are there any examples of a similar system that has failed? As the Mythbusters say, \"\"failure is always an option.\"\"   There is a statement on FDIC's website to the effect that they are backed by the \"\"full faith and credit\"\" of the U.S. government. That said, the FDIC maintains its own fund to make insurance payouts. Granted, in the shakiness of the 2008-2009 financial crisis they did start waving a red flag about their realistic ability to cover their obligation. Practically speaking, the government will likely step in if necessary. This 2008 article regarding a propsed revamp of the UK's FSCS should be of general interest to you on this topic, though it does not answer the question of failed systems.  (Well, as far as I know.  I have only skimmed the article.)\""}
{"_id": "62404", "title": "", "text": "Oh Comcast. I once asked for just internet and they said triple play would be cheaper than just internet. I asked to confirm if the entire cost of the bundle a month was cheaper than than just the internet and they said yes. Later down the line I called to disconnect a service and see, turns out they flat out lied to me. I just moved last week into a new place (well, not everything yet) and called to transfer my service. They said I needed to have an install person come out. I called them out and was put on hold for 20 minutes (not exaggerating, I watched the timer) before he got back to me and said yes, it looks like you *can* do the self install. Unhelpful pricks."}
{"_id": "62406", "title": "", "text": "I say fire his ass as well as the rest of their board for allowing this to happen!  On a totally unrelated note, does it look to anyone else that he's had a stroke?  The whole right side of his face is drooping compared to his left."}
{"_id": "62417", "title": "", "text": "I look at the following ratios and how these ratios developed over time, for instance how did valuation come down in a recession, what was the trough multiple during the Lehman crisis in 2008, how did a recession or good economy affect profitability of the company. Valuation metrics: Enterprise value / EBIT (EBIT = operating income) Enterprise value / sales (for fast growing companies as their operating profit is expected to be realized later in time) and P/E Profitability: Operating margin, which is EBIT / sales Cashflow / sales Business model stability and news flow"}
{"_id": "62424", "title": "", "text": "Sure, I'll agree with that.  Politicians are corrupt as fuck.  They only listen to money.  That's why I don't trust politicians, and I don't support them raising taxes.  They can cry about schools or roads, but the money really goes to war and bombs.  Fuck them all."}
{"_id": "62429", "title": "", "text": "GM acquired the startup Cruise Automation to develop their robotaxis for $680 million (it was money well spent).  Cruise was cofounded and is led by Kyle Vogt who sold his first company, Twitch, for a billion dollars to Amazon in 2014 at age 29.  So he's already had his *PayPal payday* and now, as Cruise CEO and the youngest GM vice president ever, he's doing what he really wants to do, which is build self driving cars.   Vogt and the Cruise team have the full force of General Motors behind them, they basically have free rein to strip the company for parts. I guess it should be noted that Vogt participated in the 2004 Darpa Self Driving Car Grand challenge as an MIT junior. It's been his thing since he was a kid. So watch out; Kyle Vogt is major League. Right now Kyle belongs to GM, but in 5 or 10 years GM will belong to him.  Autopilot 2, which is Tesla's better late than never autonomous driving system has yet to surpass the capabilities of the comparatively tiny  Mobileye eyeq3 chip used in Autopilot 1.  Musk claimed last October that AP2 would be able to drive coast to coast without intervention before the end of the year, which is bs. I honestly don't know how they managed to get it so wrong.   The Autopilot division is now on it's 4th director in a year, all is not well. The AP2 system is way underpowered. Magical thinking isn't going to make cars drive themselves, you need LIDAR, high res 3d maps, giant fucking computers, and it takes years to fully  validate these systems and train them to handle every conceivable edge case that can occur in real world drivjng. Cruise has been at it since 2013.  So when you see GM execs acting cocky, and calling Elon full of shit, there's a reason for it."}
{"_id": "62439", "title": "", "text": "I just decided to start using GnuCash today, and I was also stuck in this position for around an hour before I figured out what to do exactly. The answer by @jldugger pointed me partially on the right track, so this answer is intended to help people waste less time in the future.  (Note: All numbers have been redacted for privacy issues, but I hope the images are sufficient to allow you to understand what is going on. ) Upon successfully importing your transactions, you should be able to see your transactions in the Checking Account and Savings Account (plus additional accounts you have imported). The Imbalance account (GBP in my case) will be negative of whatever you have imported. This is due to the double-entry accounting system that GnuCash uses.    Now, you will have to open your Savings Account.   Note that except for a few transactions, most of them are going to Imbalance. These are marked out with the red rectangles.   What you have to do, now, is to click on them individually and sort them into the correct account. Unfortunately (I do not understand why they did this), you cannot move multiple transactions at once. See also this thread. Fortunately, you only have to do this once.  This is what your account should look like after it is complete.   After this is done, you should not have to move any more accounts, since you can directly enter the transactions in the Transfer box. At this point, your Accounts tab should look like this:  Question solved!"}
{"_id": "62450", "title": "", "text": "\"But why? To expand Amazon's Fresh delivery service? Whole Foods is stupid expensive to shop at, I'm not sure at what premium I'd be willing to have home delivery.  Edit: a Politico article gives a clearer reason: \"\"But the purchase of Whole Foods and its 460 stores in the U.S., Canada and the U.K. gives the company access to instant infrastructure \u2014 including the expensive facilities needed for handling perishables \u2014 in scores of urban and suburban markets.\"\"   That makes sense, I'm assuming since Whole Foods hasn't been in the best financial shape recently it was ripe to be acquired.\""}
{"_id": "62451", "title": "", "text": "Just from my experience and observation... VC there are spikes of activity.  Where many deals are closing and board meetings and issues pile up on top of each other and happen all at once.  But VC there are lulls where not much is going on.  PE is more consistent and predictable in general.  Yes of course exceptions arise but I found PE to be more 9 to 5 ish."}
{"_id": "62456", "title": "", "text": "So your dollar never leaves America until it leaves for an investment - which would be FDI. If you sent the dollar home to Mexico, that\u2019s a remittance current account flow. Then later, you want to use that dollar for a housing investment in Mexico, it\u2019s just domestic investment. If you move to the US, I believe that\u2019s another remittance flow (though it might even be a service flow because the bank is the one moving the dollar!). Then to invest in Mexico you need to go through an FDI channel."}
{"_id": "62462", "title": "", "text": "Gotcha.  So they essentially are just your normal dude that puts money in the stock market, just bigger money.  For example, I may buy a few stocks in Apple in the hopes that I can exit at a higher price and have higher dividends.  Those big investors are doing the same thing for the 2 benefits I said earlier, but they have more money to invest.  Or do they get other benefits that us average stock holders dont get?  Thanks for the first reply."}
{"_id": "62465", "title": "", "text": "Yes, and there are almost no checks (no pun intended) on people pulling money from your account using a routing number. It is an EXTREMELY insecure system. If you want a real Halloween scare, read this article: Easy Check Fraud Technique Draws Scrutiny. Unfortunately you just have to live with it. If you are curious why this loophole is allowed to continue, consider how hard it is to close it without undermining the convenience of checks. Short of you going to the bank with each person you write a check to and showing ID to validate the transaction, I don't see how you could continue to use a negotiable instrument like this without such a security hole.  The ultimate answer is going to have to be replacing checks with other means of payment."}
{"_id": "62488", "title": "", "text": "Continually be careful about where will source the motorcycle spare parts you'll require. It should reliably be in top condition for spare parts are essential for your prosperity. Your Indian 341 motorcycle spares parts are a champion among the most basic components that should be held inside legal proper limits. Here you will have the ability to acknowledge what the standard causes motorcycle spares are obliterating, in like manner understand how routinely you should get your motorcycle spare parts repairs."}
{"_id": "62498", "title": "", "text": "Two reasons are typically cited (I've heard these from Dave Ramsey): So I wouldn't refinance to a 15-year loan just for item 2, but would definitely look at it for the better interest rates."}
{"_id": "62500", "title": "", "text": "Aren't K-Mart and Sears essentially competing against one another? Why not merge the 2 store. Call it S-Mart.. Smart shopping.. blah blah. Have a section of the store that sells simply electronics, tools, fridges, make it the Sears portion kiosk or something and then just merge the Sears soft lines and clothing into the K-Mart part."}
{"_id": "62530", "title": "", "text": "It's a what-if? sort of question. What if rates stay down or trend only slightly higher, despite no QE? look at other countries response to tepid economies. My experience as professional advisor (25 yrs) tells me the future is unknowable and diversity is good. Make alternative choices- they all won't work wonderfully, but some will."}
{"_id": "62533", "title": "", "text": "\"&gt;\"\"Those measures all reflect a new way of measuring VaR though, one that switches the model from a four-year look to just one year, removing the rocky years of 2008 and 2009 from the current measure\"\"  From my understanding (and I'm no risk mgmt or quant), and the specifics are lacking some in both articles, excluding 2008 and 2009 reduces the volatility of results in their VaR model. If you look at a chart of S&amp;P Volatility, you can see that 2008 and 2009 were anomalies, even though volatility was prevalent in every year since, until 2012.  [VIX](http://chart.finance.yahoo.com/z?s=%5eVIX&amp;t=5y&amp;q=&amp;l=&amp;z=l&amp;a=v&amp;p=s&amp;lang=en-US&amp;region=US)\""}
{"_id": "62548", "title": "", "text": "Great news.  Lack of collateral options for the poor is a huge problem in developing countries that leads to lack of development and a poor entrepreneur environment.  If a farmer is now allowed to use livestock to secure a loan, it means more  economic growth from the poorest individuals."}
{"_id": "62552", "title": "", "text": "\"There are moral distinctions that can be drawn between gambling and investing in stocks. First and I think most important, in gambling you are trying to get money for nothing. You put $100 down on the roulette wheel and you hope to get $200 back. In investing you are not trying to get something for nothing. You are buying a piece of a hopefully profit-making company. You are giving this company the use of your money, and in exchange you get a share of the profits. That is, you are quite definitely giving something: the use of your money for a period of time. You invest $100 of your money, and you hope to see that grow by maybe $5 or $10 a year typically. You may get a sudden windfall, of course. You may buy a stock for $100 today and tomorrow it jumps to $200. But that's not the normal expectation. Second, gambling is a zero sum game. If I gamble and win $100, then someone else had to lose $100. Investing is not a zero sum game. If I buy $100 worth of stock in a company and that grows to $200, I have in a sense \"\"won\"\" $100. But no one has lost $100 to give me that money. The money is the result of the profit that the company made by selling a valuable product or service to customers. When I go to the grocery store and buy a dozen eggs for $2, some percentage of that goes to the stockholders in the grocery store, say 5 cents. So did I lose 5 cents by buying those eggs? No. To me, a dozen eggs are worth at least $2, or I wouldn't have bought them. I got exactly what I paid for. I didn't lose anything. Carrying that thought further, investing in the stock market puts money into businesses. It enables businesses to get started and to grow and expand. Assuming these are legitimate businesses, they then provide useful products and services to customers. Gambling does not provide useful products and services to anyone -- except to the extent that people enjoy the process of gambling, in which case you could say that it is equivalent to playing a video game or watching a movie. Third -- and these are all really related -- the whole goal of gambling is to take something from another person while giving him nothing in return. Again, if I buy a dozen eggs, I give the store my $2 (or whatever amount) and I get a dozen eggs in exchange. I got something of value and the store got something of value. We both walk away happy. But in gambling, my goal is that I will take your money and give you nothing in return. It is certainly true that buying stocks involves risk, and we sometimes use the word \"\"gamble\"\" to describe any risk. But if it is a sin to take a risk, then almost everything you do in life is a sin. When you cross the street, there is a risk that you will be hit by a car you didn't see. When you drink a glass of water, there is the risk that it is contaminated and will poison you. When you get married, there is a risk that your spouse will divorce you and break your heart. Etc. We are all sinners, we all sin every day, but we don't sin quite THAT much. :-) (BTW I don't think that gambling is a sin. Nothing in the Bible says that gambling is a sin. But I can comprehend the argument for it. I think gambling is foolish and I don't do it. My daughter works for a casino and she has often said how seeing people lose money in the casino regularly reminds her why it is stupid to gamble. Like she once commented on people who stand between two slot machines, feed them both coins and then pull the levers down at the same time, \"\"so that\"\", she said, \"\"they can lose their money twice as fast\"\".)\""}
{"_id": "62553", "title": "", "text": "\"Wrong again, bucko. I don't believe in any gods floating around in the heavens watching our little ant farm here. It's fucking laughable. I can't believe ANYONE believes that bullshit anymore.   But I respect people's right to believe in Jesus, Allah, Buddha, or the Easter Bunny, as long as they don't go around killing people in the name of their god, like muslims do.   And as I stated before, islam has been misclassified. Islam is no religion, it is actually an organized terror group, wanting to dominate the entire world, and anyone not believing in their terrorist group or their god, is an infidel, and is the enemy, and must be destroyed, per their own \"\"handbook\"\", the Koran. You have the worst argument in the history of mankind.   Don't run away just because your position is indefensible and retarded. Stand and face the music. Your mind might expand. Repent your retardation, son. I will forgive you! I can be your new fucking god.\""}
{"_id": "62561", "title": "", "text": "&gt;Any business that can't generate enough cashflow to pay their employees a living wage is a shity business. Unemployment is down and minimum wage has gone up and yet there is still a record number of job openings.  Again, this is irrelevant. For an employee to be paid a certain wage, he must provide value that is greater than that wage. This is because if the employee doesn't, he is a net *cost* to the employer. A shitty business or the current economic status regarding unemployment / job openings doesn't disprove this.  Furthermore, the city of Seattle recently pursued a minimum wage increase to $15 which was studied by University of Washington. I encourage you to read the study.  https://evans.uw.edu/sites/default/files/NBER%20Working%20Paper.pdf"}
{"_id": "62563", "title": "", "text": "No what is killing the postal service is the internet.  I receive 0 monthly bills anymore all my communication is online or phone.  I don't use the PO anymore and neither do a lot of others.  They are over built for current demand and have to scale back."}
{"_id": "62576", "title": "", "text": "\"The answer is \"\"it depends\"\".  What does it depend on? If it's a breakup situation, good luck. Whatever you do, get this issue settled as quickly as possible. In the future, don't make significant purchases with people unless you have a written contract or you are married.\""}
{"_id": "62585", "title": "", "text": "Who gives a shit? The government is actually giving an incentive to innovate and be a world leader.. They're not taxing, they're not regulating, they're just promoting a form of energy that doesn't require money to go to hostile states such as Russia, Saudi Arabia, West Virginia, or Venezuela"}
{"_id": "62606", "title": "", "text": "From the press release Based on Aspiro's closing share price of SEK 0.66 as of 29 January   2015, the Offer values each Aspiro share at SEK 1.05 and the total   value of the Offer at approximately SEK 464 million.[3] The Offer   represents a premium of..... It seems you will get cash. I can't explain the pop to 11. You don't have any option to keep the shares."}
{"_id": "62617", "title": "", "text": "Collagen synthesis is essential in assisting with injuries and it also helps keep our skin healthy, flexible, long lasting, and younger. If you are also want to know the benefit of best vitamin c supplement, then you can prefer our most useful books that are offering best information about vitamin C."}
{"_id": "62624", "title": "", "text": "Here at Depot Dash Ltd, we have a modern 40,000 sq ft warehousing facility that could accommodate all of your items. Our place is equipped with cutting edge systems to provide outstanding services. These include full-size floor to ceiling racking systems, computerised management system, high bay racking, and many more. To learn more about our services, go to depotdash.com."}
{"_id": "62625", "title": "", "text": "This article addresses a man who specifically lost his skilled work to outsourcing to India. No one is talking about dishwashing level work here, that's more relevant to ILLEGAL immigration, and the practice of hiring illegal labor off the books by businesses.  Jobs that people don't want should pay more. That' supply and demand, the free market.  Janitors makes $15-30/ hr, more than easier low wage jobs. Maids make $25-60/hr. Garbage men make $20-60/hr.  Illegal people do it for less because they don't have full rights as citizens, and thus have less leverage to negotiate pay. Their pervasiveness gives legal citizens less leverage to negotiate their pay. I think the honest solution to illegal immigration is to seek ways to make legal immigration and naturalization more reasonably accessible while also cracking down on illegal hiring practices.  I DONT think the solution is to reserve our less desirable work to a slave class of any sort. I'm not for unions, but the negotiating power and well being of the American labor force should be protected always.  If the pay reflects the labor, people will do the work. Blue collar Americans do all sorts of disgusting, difficult, and/or dangerous work as long as it is at a premium.  This article is more about the negotiating power of americans lost to corporations taking skilled work and outsourcing it ~~at minimum wage levels of employment~~ (article said $60k or more) to those desperate for a living wage and/or citizenship. How to address that, I don't know.   Edit:not min wage, $60k"}
{"_id": "62628", "title": "", "text": "They're getting there though.  Amazon was a game changer with their retail side of things.  But with the vast amount of 3rd party sellers and lack of oversight, mixed with brick and mortar finding a way to keep prices similar or lower to Amazon, I think they did catch up."}
{"_id": "62632", "title": "", "text": "Agreed, but you also have to consider that wages have not kept pace with house price growth. Many millenials in Canada either can't afford a home or took a mortgage with a small down payment that will put them underwater if interest rates go up or they lose their job.   We live within 100km of the border, but there are only 35 million of us too. And population growth is slow, even with immigration. Once the boomers die off there's going to be more housing available than demand, they are just holding on longer than expected."}
{"_id": "62639", "title": "", "text": "Royal White Marmo has best marble stones such as Agria figrative, Aarna, Aravli Oneyx, Dharmeta Jaal, J K figurative, J K Brown, Morwad white, Nirzarna Brown, Nirzarna Black line, Nirzarna White, Oneyx lady green, Oneyx lady pink, pink figurative, Sapol, Sawar figurative, Talai brown, Talai, Talai white, Umraya figurative, Umraya white, Vani figurative etc. http://www.slideserve.com/royalw/indian-marble"}
{"_id": "62640", "title": "", "text": "And? They're still old. You don't see hipsters or teenagers in the commercials which means they're targeted at old people who have nothing better to do than look up history (or buy gold, but that's on Fox)."}
{"_id": "62653", "title": "", "text": "\"You are correct that a share of stock in a company has zero intrinsic value.  Even if the company typically pays dividends, there's no guarantee that it will continue to do so.  A share's only worth comes from: So that's one step better than a Ponzi scheme, because in a Ponzi scheme there's not actually any value present behind the scenes, making option (2) literally impossible. In this way company stock is similar to paper money.  It's only worth something because people believe it's worth something. Slightly better than company stock is company bonds.  Since a bond is a contract between you and the company, if the company should go out of business then bondholders at least get to stand near the front of the line when the company's assets are liquidated. I work in finance, and the vast majority of my colleagues agree that the secondary stock market (what the average citizen simply calls \"\"the stock market\"\") is a giant confidence game.  And yet it's so profitable to believe in the value of equities the way everyone else does, that we all happily pretend these ones and zeroes we move around have actual value.\""}
{"_id": "62655", "title": "", "text": "\"It all depends on what your financial goals are when you are ready.  You sound like you could be ready today if you wanted to be.  The steps that I would take are. Create a monthly draft budget.  This doesn't have to be something hard and fast, just a gague of what your living expenses would be compared to your after-tax salary.  Make sure there  would be room for \"\"fun\"\" money. a. Consider adding a new car fund line item to this budget, and deducting that amount from your paycheck starting now so that you can save for the car. Based on the most realistic estimate that you can make, you'll get a good idea if you want to spend the money it takes to move out alone now or later.  You'll also see the price for various levels of rentals in your area (renting a single family home, townhouse, condo, apartment, living in a rented room or basement, sharing a place with friends, etc) and know some of the costs of setting up for yourself.  Since you're looking at the real estate market, you may want to do a cost comparison of renting versus buying.  I've found the New York Times interactive graphic on this is excellent.  If you are looking to buy, make sure to research the hidden costs of buying thoroughly before taking this step. To answer your last question, if you have the cash you should consider upping your 401K investment (or using Roth or regular IRA).  Make sure you are investing enough to get your full employer match, if your employer offers one, and then get as close as you can to government maximum contribution limits.  Compound interest is a big deal when you are 23.\""}
{"_id": "62667", "title": "", "text": "This article is almost as bad as Fox News, but I'd expect that from a SF paper covering gun companies. Let's stir up some controversy on what this firm is doing?! Are they trying to take over the world and arm all the evil-doers?! Well, no... Are they really controlled by a super-liberal that will dismantle them to keep bad guns away from society?! Well, no...  Turns out it is just a smart play by a firm that sees an opportunity to make money.  Now let's wrap it up with a story about a sweet old man that helped out his former employees.  WAIT, WHAT?! How is this considered journalism?"}
{"_id": "62669", "title": "", "text": "This is literally the thought process that caused the 2008 collapse, the only difference being the bonds consisted of sub-prime mortgages. Not saying its a bad idea, honestly you could make a lot of money, but macro-economically its a shit-storm brewing in the distance."}
{"_id": "62694", "title": "", "text": "\"I'd probably say \"\"buy\"\" for most situations. Unless you have a long-term lease, you're going to be saddled with elastic/rising rents if the market tightens up, while with a purchase you usually have fixed expenses (with the exception of property taxes/condo fees) and you are gaining equity. As I've gotten older, the prospect of moving is more and more daunting. The prospect of being essentially kicked out of my home when the landlord decides to sell the property or raise the rent is a turn-off to me.\""}
{"_id": "62702", "title": "", "text": "You're describing a dynamic that may contribute to lower house prices. It doesn't however speak to how those prices got so lofty, so untethered from wages and the broader economy to begin with and why the losses from the fall were amplified so many times over.  That's a story you can't tell without working through the systemic fraud."}
{"_id": "62706", "title": "", "text": "\"You can do several things: After the fact: If you believe the stock will go up, you can buy more stock now, it's what's called \"\"averaging\"\". So, you bought 100 at $10, now it's at $7. To gain money from your original investment it needs to raise to over $10. But if you really think it'll go up, you can buy and average. So you buy, say, 100 more stock at $7, now you have 200 shares at $8.50 average so you gain money on your investment when the stock goes over $8.50 instead of $10.  Of course, you risk losing even more money if the stock keeps going down. Before the fact: When you buy stock, set 'triggers'. In most trading houses you can set automatic triggers to fire on conditions you set. When you buy 100 shares at $10, you can set a trigger to automatically sell the 100 shares if it drops below $9, so you limit your losses to 10% (for example).\""}
{"_id": "62719", "title": "", "text": "This was called Financial repression by Edward S. Shaw and Ronald I. McKinnon from Stanford (https://en.wikipedia.org/wiki/Financial_repression). Financial repression is the situation, when government is stealing from people, who rely heavily on saving, rather then on spending. Meaning that your saving rates will be a lot worse then inflation rate. Financial markets are artificially hot and interest rates artificially low (average historical interest rate is 10%). This could be a possible predictor state to hyper-inflation."}
{"_id": "62727", "title": "", "text": "It would depend on how those banks behaved in the market. Seven can own all.the houses and there would be no problem, it only becomes illegal if those banks then collude to fix prices (or some other monopolostic practice). It's important to remember that monopolies are not illegal per se."}
{"_id": "62750", "title": "", "text": "I don't see at as realistic. We all get less money to survive, except those who are automating their businesses have more money. Everyone wants more money, so yes, people will take on more jobs, etc.  The only way this will work long term is to have a highly redistributive tax policy, IMO."}
{"_id": "62754", "title": "", "text": "Somebody will have to file all the required paperwork and fees with the local government, state government and even the federal government. This paperwork is used by these governments to record who owns the property and how it is owned.  Prior to the settlement date they also will need to verify how the property is described and owned so that you are sure that you are being sold the exact property you expect, and that it is delivered to you free and clear of all other debts. If this is done wrong you might discover years later that you paid money for something that you don't really own. In some jurisdictions this has to be done via a law office, in others there is no requirement for a lawyer. Because a mortgage company, bank, or credit union is giving you money for the loan, they may require you to use a settlement attorney. They don't want to discover in 5 years that a simple mistake will cost them hundreds of thousands to fix. The mortgage company is required to give you a more detailed estimate of all the closing costs before you are committed to the loan. The quoted paragraph is not good enough. Even if you can avoid the use of a lawyer these functions still need to be done by somebody, and that will still cost money."}
{"_id": "62764", "title": "", "text": "Kentucky property tax is assessed as of the owner on January 1 of each calendar year.  In April you should be notified of what KY considers you to owe them, and you have a two week period in May to appeal those decisions (though it appears that you can only appeal Real property tax assessments).  The final tax bill is then sent to you in the fall, by October, and you have until the end of the year to pay the bill. See Kentucky Property Tax Calendar Overview for more details. Thus, if you owned the car on Jan 1 2016, then you should owe personal property tax on it for 2016 due in the fall.  You may not have owed the tax paid in November, if it was indeed personal property tax, unless the seller was asking you to recompense them for the tax they paid in 2015. Note that property tax is separate and distinct from usage tax, the 6% tax for vehicles paid at purchase date (once and only once)."}
{"_id": "62793", "title": "", "text": "\"Yes, but it is between State controlled crony capitalism (Trump/Republicans/Corporate Third Way Democrats under the Clintons) versus American voter controlled social democracy (under Bernie progressives). The \"\"free market\"\" has a place under Bernie progressives, but it is FREE for most Americans because a central government (fully accountable to Americans and NOT to special interests) keeps corporate cartels and profit-seeking predators at bay.\""}
{"_id": "62794", "title": "", "text": "\"I realize that \"\"a million dollars\"\" is   a completely arbitrary figure, but   it's one people fixate on. Perhaps   folks just meant it's getting easier   because inflation has made it a far   less lofty sum than when the word   \"\"millionaire\"\" was coined. Your point is correct - it' relatively easier as the 1 million dollar nowadays is no where as valuable as compared in the old days after the inflation adjustment. However the way to achieve that is easier said than done: The most possible way is to run your own business (assuming you will make profit). For most of the people running a job to earn a living - the job income is the biggest factor. Being extremely frugal wouldn't help much if you don't maximize your income potential. Earning a million dollar through investment? How much capitals are you able to invest in? 5k? 50k? 500k? I see no way to earn 1 million with 5k from investment, I wouldn't call it easy. This again depends on your income. With better income of course you could dedicate a larger portion to investment, without exposing too much risk and having to affect your way of life. (3) Invest some part of your income   over a long period of time and let the   stock market do the work I'd say this is more geared towards beating the inflation and earn a few extra bucks instead of getting very rich (this is being very relative).  Just a word of cautions, the mindset of investment being the shortcut to wealth is very dangerous and often leads to speculative behavior.\""}
{"_id": "62808", "title": "", "text": "Snap relies on Google for computing, storage and other bandwidth needs. It signed the five-year agreement on Jan. 30, 2017, three days before it filed to go public.  Other costs of revenue include payments to content partners, costs of creating content and inventory costs for Spectacles, the company\u2019s camera-enable sunglasses. The company notes that costs related to Spectacles are expected to be higher than revenue from the product, at least for the near future.  http://www.marketwatch.com/story/why-snapchat-is-losing-so-much-money-2017-02-08"}
{"_id": "62811", "title": "", "text": "\"The IRS provides a little more information on the subject on this FAQ: Will I be charged interest and penalties for filing and paying my taxes late?: If you did not pay your tax on time, you will generally have to pay a late-payment penalty, which is also called a failure to pay penalty. Some guidance on what constitutes \"\"reasonable cause\"\" is found on the IRS page Penalty Relief Due to Reasonable Cause: The IRS will consider any sound reason for failing to file a tax return, make a deposit, or pay tax when due. Sound reasons, if established, include: Note: A lack of funds, in and of itself, is not reasonable cause for failure to file or pay on time. However, the reasons for the lack of funds may meet reasonable cause criteria for the failure-to-pay penalty. In this article from U.S. News and World Report, it is suggested that the IRS will generally waive the penalty one time, if you have a clean tax history and ask for the penalty to be waived.  It is definitely worth asking them to waive the penalty.\""}
{"_id": "62832", "title": "", "text": "If you have the ability to collectively bargain, who are you to say those workers can't use capitalism to its full advantage?  You seem to be under the impression that a negotiation is a one way affair and should be kept that way.  No wonder you make less than $250k a year, am I right?"}
{"_id": "62834", "title": "", "text": "Ok, so by doubling down you mean when I said that ms as well as 3/4 of the country don't consider sexual orientation a protected class...ok, then apparently I am not the only one who has their mind made up.   You entire argument is based on it being a protected class...it is, but only in a few states. Ms is not one of them. I agree that they should not think like that and their business should hurt because they are bigots...but that does not mean another business can do the same thing because you agree with them.  It is ok to have a difference of opinion but you seem to think that a company providing a service based on their bias is ok for some and not for others. How can you not see the similar aspects of the two.   I agree with you that ms is wrong in this case, and I also agree that the nazi wannabes are wrong...We are on the same side...but I don't think that PayPal should get a free pass when it aligns with my thinking. They are not offering service based on an ideal, the businesses in ms were as well. So, I think they are both wrong and should be blasted in public...either you can show biased when dealing with customers or you can't. It is that simple.   You are agreeing with a company choosing to do business with whom they want to, but then you are doubling down on having another business doing the same thing because you think that sexual orientation is a protected class everywhere.  If it was we would not be having this discussion, but here we are. You are trying to have it both ways. I don't know how else to explain it."}
{"_id": "62853", "title": "", "text": "\"(This answer refers to the US investment landscape) I'm not sure your classification of funds as direct and regular accurately reflects the nature of the mutual fund industry.  It's not the funds themselves that are \"\"direct\"\" or \"\"regular.\"\"  Rather it's the way an investor chooses to invest in them.  If you make the investment yourself through your brokerage account, you may say it's a direct investment.  If you pay a financial advisor to do this for you, it's \"\"regular.\"\" For a given fund, you could make the investment yourself or you could use an advisor. Note that many funds have various share classes.  Share classes may be accessed in different ways.  The institutional class may be accessible through your 401(k) or perhaps not even there, for example.  The premium class may require a certain minimum investment.  Some classes will have a front-end-load or back-end-load.  Each of these will have a different expense ratio and fees even though the money ends up in the same portfolio.  These expenses are, by law, publicly available in the prospectus and in numerous other places.  Share classes with higher fees will earn less each year after fees, just as you suggest.  Your intuition is correct on this point. Now, there is one fee to be aware of that funds either have or do not have.  That's a 12b-1 fee.  This fee is a kickback to financial advisors who funnel your money into their fund.  If you use a financial advisor, he or she will likely put your money into these funds because they have a financial incentive to do so.  That way they get paid twice: once by you and once by the mutual fund.  It has been robustly shown in the finance academic literature that funds without this fee dominate (are better in some ways and in no ways worse than) funds with this fee. I suppose you could say that funds and share classes with a 12b-1 fee were designed for \"\"regular\"\" investment and those without were designed for \"\"direct\"\" but that doesn't mean you can't invest in a 12b-1 fee fund directly nor that you can't twist your advisor's arm into getting you into a good fund without a 12b-1.  Unfortunately, if you have this level of knowledge, then you probably don't need a financial advisor.\""}
{"_id": "62862", "title": "", "text": "Credit cards are great. You get free money for 30+ days and a bunch of additional benefits like insurance, extended warranties and reward programs. When vendors don't behave, you dispute the charge with the credit card and they deal with it on your behalf. Just get a fee-free American Express card and pay the balance off each month.  There's nothing wrong with using cash either, but I would avoid debit cards like the plague."}
{"_id": "62868", "title": "", "text": "\"I think the idea here is that because of the way mortgages are amortized, you can drop additional principal payments in the early years of the mortgage and significantly lower the overall interest expense over the life of the loan. A HELOC accrues interest like a credit card, so if you make a large principal payment using a HELOC, you will be able to retire those \"\"chunks\"\" of debt quicker than if you made normal mortgage payments. I haven't worked out the numbers, but I suspect that you could achieve similar results by simply paying ahead -- making even one extra payment per year will take 7-9 years off of a 30 year loan. I think that the advantage of the HELOC approach is that if you borrow enough, you may be able to recalculate/lower the payment of the mortgage.\""}
{"_id": "62869", "title": "", "text": "This very topic was the subject of a question on workplace SE https://workplace.stackexchange.com/questions/8996/what-can-relocation-assistance-entail TL/DR;  From tax publication 521 - Moving expenses table regarding how to report IF your Form W-2 shows... your entire reimbursement reported   as   wages in box 1         AND you have... moving expenses    THEN... file Form 3903 showing all allowable  expenses,* but do not   show any   reimbursements. There are tax implications Covered in tax publication 521 - Moving expenses and Employers tax guide to Fringe Benefits related to moving expenses. From the Employers View: Moving Expense Reimbursements This exclusion applies to any amount you directly or indirectly give to an employee, (including services furnished in kind) as payment for, or reimbursement of, moving expenses. You must make the reimbursement under rules similar to those described in chapter 11 of Publication 535 for reimbursement of expenses for travel, meals, and entertainment under accountable plans. The exclusion applies only to reimbursement of moving expenses that the employee could deduct if he or she had paid or incurred them without reimbursement. However, it does not apply if the employee actually deducted the expenses in a previous year.   Deductible moving expenses.   Deductible moving expenses include only the reasonable expenses of: Moving household goods and personal effects from the former home to the new home, and Traveling (including lodging) from the former home to the new home. Deductible moving expenses do not include any expenses for meals and must meet both the distance test and the time test. The distance test is met if the new job location is at least 50 miles farther from the employee's old home than the old job location was. The time test is met if the employee works at least 39 weeks during the first 12 months after arriving in the general area of the new job location. For more information on deductible moving expenses, see Publication 521, Moving Expenses. Employee.   For this exclusion, treat the following individuals as employees. A current employee. A leased employee who has provided services to you on a substantially full-time basis for at least a year if the services are performed under your primary direction or control. Exception for S corporation shareholders.   Do not treat a 2% shareholder of an S corporation as an employee of the corporation for this purpose. A 2% shareholder is someone who directly or indirectly owns (at any time during the year) more than 2% of the corporation's stock or stock with more than 2% of the voting power. Treat a 2% shareholder as you would a partner in a partnership for fringe benefit purposes, but do not treat the benefit as a reduction in distributions to the 2% shareholder. Exclusion from wages.   Generally, you can exclude qualifying moving expense reimbursement you provide to an employee from the employee's wages. If you paid the reimbursement directly to the employee, report the amount in box 12 of Form W-2 with the code \u201cP.\u201d Do not report payments to a third party for the employee's moving expenses or the value of moving services you provided in kind.  From the employees view: The not be included as income the expenses must be from an accountable plan: Accountable Plans To be an accountable plan, your employer's reimbursement arrangement must require you to meet all three of the following rules. Your expenses must have a business connection \u2013 that is, you must have paid or incurred deductible expenses while performing services as an employee of your employer. Two examples of this are the reasonable expenses of moving your possessions from your former home to your new home, and traveling from your former home to your new home. You must adequately account to your employer for these expenses within a reasonable period of time. You must return any excess reimbursement or allowance within a reasonable period of time. Also what is interesting is the table regarding how to report IF your Form W-2 shows... your entire reimbursement reported   as   wages in box 1         AND you have... moving expenses    THEN... file Form 3903 showing all allowable  expenses,* but do not   show any   reimbursements."}
{"_id": "62876", "title": "", "text": "\"So with any debt, be it a loan or a bond or anything else, you have two parts, the principal and the interest. The interest payment is calculated by applying the interest % to the principal. Most bonds are \"\"bullet bonds\"\" which means that the principle remains completely outstanding for the life of the bond and thus your interest payments are constant throughout the life of the bond (usually paid semi-annually). Typically part of the purpose of these is to be indefinitely refinanced, so you never really pay the principal back, though it is theoretically due at expiration.  What you are thinking of when you say a loan from a bank is an amortizing loan. With these you pay an increasing amount of the principal each period calculated such that your payments are all exactly the same (including the final payment).  Bonds, just like bank loans, can be bullet, partially amortizing (you pay some of the principle but still have a smaller lump sum at the end) and fully amortizing. One really common bullet structure is \"\"5 non-call 3,\"\" which means you aren't allowed to pay the principle down for the first three years even if you want to! This is to protect investors who spend time and resources investing in you!\""}
{"_id": "62882", "title": "", "text": "It's difficult to quantify the intangible benefits, so I would recommend that you begin by quantifying the financials and then determine whether the difference between the pay of the two jobs justifies the value of the intangible benefits to you. Some Explainations You are making $55,000 per year, but your employer is also paying for a number of benefits that do not come free as a contractor.  Begin by writing down everything they are providing you that you would like to continue to have.  This may include: You also need to account for the FICA tax that you need to pay completely as a part time employee (normally a company pays half of it for you).  This usually amounts to 7.8% of your income. Quantification Start by researching the cost for providing each item in the list above to yourself.  For health insurance get quotes from providers.  For bonuses average your yearly bonuses for your work history with the company.  Items like stock options you need to make your best guess on. Calculations Now lets call your original salary S.  Add up all of the costs of the list items mentioned above and call them B.  This formula will tell you your real current annual compensation (RAC): Now you want to break your part time job into hours per year, not hours per month, as months have differing numbers of working days.  Assuming no vacations that is 52 weeks per year multiplied by 20 hours, or 1040 hours (780 if working 15 hours per week).  So to earn the same at the new job as the old you would need to earn an hourly wage of: The full equation for 20 hours per week works out to be: Assumptions DO NOT TAKE THIS SECTION AS REPRESENTATIVE OF YOUR SITUATION; ONLY A BALLPARK ESTIMATE You must do the math yourself.  I recommend a little spreadsheet to simplify things and play what-if scenarios.  However, we can ballpark your situation and show how the math works with a few assumptions. When I got quoted for health insurance for myself and my partner it was $700 per month, or $8400 per year.  If we assume the same for you, then add 3% 401k matching that we'll assume you're taking advantage of ($1650), the equation becomes: Other Considerations Keep in mind that there are other considerations that could offset these calculations.  Variable hours are a big risk, as is your status as a 'temporary' employee.  Though on the flip side you don't need to pay taxes out of each check, allowing you to invest that money throughout the year until taxes are due.  Also, if you are considered a private contractor you can write off many expenses that you cannot as a full time employee."}
{"_id": "62894", "title": "", "text": "Well I'm not sure why someone with an EE degree would choose to work in IT anyways. I'd say neither degree is necessarily as important to IT as certifications and work experience, but I'd worry the EE holder would go find something better and more relevant."}
{"_id": "62897", "title": "", "text": "\"As far as I know, the answer to this is generally \"\"no.\"\"  The closest thing would be to identify the stock transfer company representing the company that you want to hold and buy through them. (I have held this way, but I don't know if it's available on all stocks.)  This eliminates the broker, but there's still a \"\"middle man\"\" in the transfer company. Note this section from the Stock transfer agent Wikipedia article: A public company usually only designates one company to transfer its stock. Stock transfer agents also run annual meetings as inspector of elections, proxy voting, and special meetings of shareholders. They are considered the official keeper of the corporate shareholder records. The decision to have a single transfer company is a practical one, ensuring that there is one entity responsible for recording this data - Hence even if you could buy stock \"\"directly\"\" from the company that you want to own, it would likely still get routed through the transfer company for recording.\""}
{"_id": "62907", "title": "", "text": "From the article, about the letter he allegedly sent to his employees:   It said that if President Barack Obama wins re-election and raises Siegel's taxes, he will have to lay off workers and downsize his company - or even shut it down."}
{"_id": "62908", "title": "", "text": "If John signs the lease he is entitled to stay there for the duration of the lease regardless of the foreclosure status.   http://www.nolo.com/legal-encyclopedia/renters-foreclosure-what-are-their-30064.html I would suggest that signing a year lease (even by email), with the plan to leave as early as possible is a good thing.  The key will be to make sure the penalty for leaving early is nothing. John doesn't know the status of the foreclosure, how long it will take, who might own afterwards and a lot of other unknowns.  The worst case is to be unsure of where you are living. Sign the lease, and be secure for one whole year that you know where you will be living.  Spend that year finding a new place to live.   If the bank doesn't offer you clear and obvious ways to submit rent, open an account AT THE BANK and deposit the rent there, on time. You are establishing credibility that you deserve to stay.  You still owe the rent, so pay it. They don't want to be your landlord, but don't let a bank bully you around."}
{"_id": "62925", "title": "", "text": "The technical skills (excel, matlab, econometrics) others posted are absolutely essential, but I have seen a ton of world class number crunchers who could not put anything in context.  My advice:  - Read any annual report for any company you find somewhat interesting, aim for reading 2 or 3 a week.  This is the best way to learn real world macro economics and get a very strong grasp on financial accounting  - Practice writing about what you learn."}
{"_id": "62929", "title": "", "text": "I'm new to investing but let me present you with my logic. Let me first say I bought at 38.01, and while I don't regret buying in, I suppose i DO regret buying in at 38.01 when I could have gotten in when it was in the 20's.  There is sort of a counter-hype lured me in.  With so many establishments saying facebook was built on hype and was going to burn a lot of investors, I actually thought it might go up.    On top of that, I believe in the company.  With their customer base, they can literally choose segments of the market and dismantle them.  Paypal? Boom, gone with a facebook payment system, Craigslist? Boom, gone with a properly implemented facebook marketplace... (all hypothetical at this point ofc) there are so many different arena's facebook can delve into with the enormous customer base they have.  And that's why I jumped in."}
{"_id": "62931", "title": "", "text": "\"And Trump said he want to help the small business more than the big business. Didn't he?  Do you realize that all those big corporate guys who left the presidential business councils is because of one reason: they hoped that they can lobby and get just what they want, the hell with the American people, and Trump said \"\"No!\"\"?\""}
{"_id": "62938", "title": "", "text": "\"So the \"\"be responsible for your own life\"\" attitude *sucks*; but the \"\"my problems can be blamed on everything and everyone around me\"\" attitude is *good*.  Ok.  That, in a nutshell, is the problem with America today.   Enjoy your future virtue signaling, I hope it gets you far.\""}
{"_id": "62940", "title": "", "text": "\"&gt; I think you would need to know the man pretty well before you could make that judgement.   I think his record speaks for itself.  &gt;A lot of people that knew him better than you do seem to have reached a different conclusion.  And a lot of them are similar bullshitters -- they wash each others backs basically.  &gt;That's someone else describing him  No, that's the description from [the front webpage of his own \"\"hire me as a *'technology visionary'* speaker\"\" operation.](http://www.sculleyspeaks.com/)  &gt;Honestly, the first part (I'm trying to imagine how he could be the quintessential of any kind of entrepreneur) is more off than the last part (which you could even imagine applying to a historian/anthropologist who had studied innovation in business &amp; tech).  The whole thing is demonstrative of the kind of bullshitter that he is... and yeah it's all \"\"crap\"\" that has nothing to do with reality.  The guy was good at marketing soda-water (or at least at taking the credit for a successful marketing campaign for soda-water, I rather highly doubt he was really responsible for any of the actual creative or critical decisions... he just got the credit for them).\""}
{"_id": "62949", "title": "", "text": "This is the sword of Damocles that's hanging over Twitter.  The Russia investigation has revealed/confirmed what Twitter's senior management has remained willfully ignorant of: that their traffic numbers are grossly inflated by bots.  I see a bunch of civil fraud litigation not too far down the line."}
{"_id": "62955", "title": "", "text": "The fundamental issue with leverage (of any sort, really) is that the amplified downsides are extremely likely to more than cancel out amplified equivalent upsides. Example without using a major swing: 2x leverage on a 5% decline (so a 10% decline).  The 5% decline needs a 5.26% increase to get back level.  However, the 2x leverage needs an 5.55% increase to get back.  So a cycle for the unleveraged returns of -5%, +5.4% would see the unleveraged asset go up by a net +0.13% but 2x leverage would leave you at -0.28%.  Conversely, imagine 0.5x leverage (it's easy to do that: 50% cash allocation): after an underlying -5%, the 0.5x leverage needs only +5.13% to reach par.  This is basically the argument for low volatility funds. Of course, if you can leverage an asset that doesn't go down, then the leverage is great.  And for an asset with an overall positive compound return, a little leverage is probably not going to hurt, simply because there are likely to be enough upsides to cancel out downsides."}
{"_id": "62966", "title": "", "text": "when investing in index funds Index fund as the name suggests invests in the same proportion of the stocks that make up the index. You can choose a Index Fund that tracks NYSE or S&P etc. You cannot select individual companies. Generally these are passively managed, i.e. just follow the index composition via automated algorithms resulting in lower Fund Manager costs. is it possible to establish an offshore company Yes it is possible and most large organization or High Net-worth individuals do this. Its expensive and complicated for ordinary individuals. One needs and army of International Tax Consultants / International Lawyers / etc but do I have to pay taxes from the capital gains at the end of the year? Yes Canada taxes on world wide income and you would have to pay taxes on gains in Canada. Note depending on your tax residency status in US, you may have to pay tax in US as well."}
{"_id": "62967", "title": "", "text": "\"Normally these are only generated upon an acquisition.  When you acquire a business, all the tangible and intangible assets are market to \"\"fair value\"\", with goodwill as the plug to total to the actual purchase price.    So the cash out the door is the purchase price.  Then the asset is amortized.  In the normal course you wouldn't create the intangible - the sales people salary would just be an expense.\""}
{"_id": "62979", "title": "", "text": "The President can propose whatever he wants, but that has no binding power; Congress is where the authority to tax and spend lives.  The President communicates with Congress, sure.  The President's greatest authority here would be the veto, which would permit deadlocking a budget between a majority and two-thirds majority in Congress."}
{"_id": "62989", "title": "", "text": "Ah.  See, this is where you have already misread me: &gt; . . . you attempt to construct a government and a society around false economic morality.  Why does morality have to be part of the actual solution?  It doesn\u2019t.  Yet it can take into account moral values and immoral values.  The solution SHOULD be utilitarian - use that which works.  But not the utilitarian that throws out things that don\u2019t quite work.  No.  It need to be a utilitarian method with foresight to see promise, and to understand the weakness of intolerance.  Our current system is actually promoting separation, building its own downfall.  A new system needs to actually be built to create unity through diversity, not for moral reasons, but for simple survival and growth.  And no one said people weren\u2019t paid.  That was all you, bud.  I was simply saying they were able to put aside differences and survive through major setbacks to accomplish great things.  Sticking around during tough times requires either fear of the alternative, or a belief in the company or the goal.  People are NOT always selfish."}
{"_id": "62990", "title": "", "text": "Are you seeking someone who can really understand the culture in the Austraila? At AuDatingSites you can find single partners for fun, dating and long term relationships. Our dating website provides the singles Australian. If you want to Aussie sex, then you can visit our website and find the many of contact who want to sex and partnership.You can access data can immediately by collating profile information. Also, members' behavior and attitudes can be identified easily by the site management."}
{"_id": "63005", "title": "", "text": "[This is laughable because boomers are the ones bankrupting it and half of boomers have zero retirement savings.](https://www.consumeraffairs.com/news/baby-boomers-relying-too-much-on-social-security-041317.html)  Many of these don't even have a semblance of a pension plan and are completely reliant on Social Security at this point. But sure blame the millennials for something that they had no control or influence on and give the boomers yet another free pass from any semblance of responsibility for the current state of affairs."}
{"_id": "63009", "title": "", "text": "Hey there good looking! If you\u2019re new here &amp; looking for legit work at home, please check out my free Work At Home Guide. You may also want to subscribe to my Email list orRSS feed for updates on topics like the one on this page. And if you can\u2019t get enough me, you can also follow me on . Good luck!"}
{"_id": "63042", "title": "", "text": "\"Welcome to Personal Finance and Money. This answer will depend a lot on what is most important to the buyer, for example, whether it is important to always be in a newer car, to save money, or strike a balance between the two. There are trade-offs and I don't think there is one right answer for all circumstances. Leasing Leasing does make financial sense for at least two types of people I'm aware of: The company I work for provides company cars to sales executives, which we lease. We lease because it wouldn't be appropriate for a salesperson to meet a client in a car that clearly appears used. Similarly, I know people who value being in a newer car all the time, and for them, leasing makes more financial sense then buying a new car every 2-3 years, and selling their old car which is now 2-3 years old and has depreciated significantly. They understand that they are paying more to always be able to be in a newer car. I used to work with a manager who, every time the new model of the car he owned came out, would see the car and buy it on the spot, even though he already owned last year's model, and he didn't need two cars. He just couldn't help himself; he felt he had to have the new model. It's no use sermonizing about how he \"\"should\"\" learn to save money by just being content with what he had. In reality, if he is going to buy the new model every year no matter what, he should lease rather than buy. From my experience, I would only recommend leasing if you would otherwise be buying a new car on a regular basis, and the lease would be less expensive. This is probably the most cost effective way to maintain the highest possible quality, but would cost much more than buying and holding a new car or buying a value used car. I don't see reliability as much of a factor here since the seller will have a very good idea of how much maintenance will cost, but you will pay a premium to be able to pay a fixed cost for maintenance instead of risking a worse-than-average experience. Buying New According to Edmunds and BIGResearch, only a relatively small number of people are ever in the market for a new car at a given point in time. While you do pay quite a bit more to own a brand new car instead of the same car that is 2-3 years old, there are several reasons I'm aware of why people buy new cars: Number 4 is probably the biggest reason, and many people are willing to pay for the certainty of knowing that the miles are correct, the parts are new, the car is in good working condition, etc. Additionally, some makes of cars have much higher resale values than others (such as Hondas), meaning that there isn't as large of a drop in price between a new car and a used car. Many people consider buying a new car the best way to ensure they get the best reliability since they know the initial condition of the car and can care for it meticulously from that point on. This can especially make sense when the buyer intends to keep the car for the like of the car as the buyer will then benefit from having no car payments once it is paid off. Buying Used Buying a used car is the most affordable option, but for a given quality of car the reliability can be a significant potential pitfall. It can be very difficult for a non-professional to tell whether they are getting a good value. Additionally, it is hard for an owner who wants to sell a used car in excellent condition to get the true value of the car, and much easier for an unscrupulous seller to to get the market price by selling to an unaware buyer (the \"\"lemons\"\" problem in economics). You could buy an inspected car with a limited warranty from a retail seller like CarMax or a dealership, but you often pay a significant premium that cancels out much of the biggest reason to buy used - saving money. However, there is an opportunity to save money when buying used if you're willing to compromise on the condition of the car (if you don't care whether a car has hail damage, for example), or if you are able to wait until you find a motivated/distressed seller who needs to sell quickly and is willing to sell at a discount. If cost is your primary priority, buying a used car is likely the best option, but I would recommend the following in all circumstances: If the seller isn't willing to offer both of these, I would walk away. When buying used, you will also need to consider maintenance, which will vary significantly based on the make and model of the car as well as the condition, which is another risk you need to be willing to take on if you choose to buy used.\""}
{"_id": "63044", "title": "", "text": "You'd need millions of dollars to trade the number of shares it would take to profit from these penny variations.  What you bring up here is the way high frequency firms front-run trades and profit on these pennies. Say you have a trade commission of $5.  Every time you buy you pay $5, every time you sell you pay $5.  So you need a gain in excess of $10, a 10% gain on $100.  Now if you wanted to trade on a penny movement from $100 to $100.01, you need to have bought 1,000 shares totaling $100,000 for the $0.01 price movement to cover your commission costs.  If you had $1,000,000 to put at risk, that $0.01 price movement would net you $90 after commission, $10,000,000 would have made you $990.  You need much larger gains at the retail level because commissions will equate to a significant percentage of the money you're investing. Very large trading entities have much different arrangements and costs with the exchanges.  They might not pay a fee on each transaction but something that more closely resembles a subscription fee, and costs something that more closely resembles a house. Now to your point, catching these price movements and profiting.  The way high frequency trading firms purportedly make money relates to having a very low latency network connection to a particular exchange.  Their very low latency/very fast network connection lets them see orders and transact orders before other parties.   Say some stock has an ask at $101 x 1,000 shares.  The next depth is $101.10.  You see a market buy order come in for 1,000 shares and place a buy order for 1,000 shares at $101 which hits the exchange first, then immediately place a sell order at $101.09, changing the ask from $101.00 to $101.09 and selling in to the market order for a gain of $0.09 per share."}
{"_id": "63047", "title": "", "text": "\"Disclaimer: I'm not a tax professional, or an expert on S-Corps. However, I do have my own S-Corp, and my decision process for taking a distribution has nothing (directly) to do with K-1 past or present, or profit and loss.  If I have \"\"extra\"\" cash in my S-Corp, I take a distribution.  Assuming I do my taxes correctly, the money will be taxed whether I take a distribution or leave it in the business. So it really comes down to how much cash the business requires to continue operating and meeting its expenses.\""}
{"_id": "63053", "title": "", "text": "\"I agree. You've gotta figure that the next trilogy is worth about that much alone including worldwide box office and merchandising. And that doesn't even take into account any of the other properties or merch on existing films.  I even had to double check the story to make sure that he didn't pull another \"\"I keep the merch\"\" deal like he did with Fox in the original trilogy. I don't get it either.\""}
{"_id": "63054", "title": "", "text": "I\u2019m going to suggest something your parents may be reluctant to say: \u201cGrow up and get out.\u201d A man living in a van down by the river, making minimum wage, with $0 in savings has achieved something you have still failed to achieve: adulthood.  This, I believe, is more important than a man\u2019s income or net worth. So please join us adults Bryan.  I think you\u2019ll enjoy it.  Yes, your savings may take a hit but you will gain the respect that comes with being an adult.  I think it is worth it."}
{"_id": "63062", "title": "", "text": "Internet happens to be the best option when it comes to finding plus size robes as most of the local stores only stock regular sized ones. There are several online stores, dealing in specialized robes and lingerie of branded companies, which are of non regular sizes. Also, the demand for plus size satin robes is on the rise, leading to business expansions by many companies."}
{"_id": "63064", "title": "", "text": "I wonder what they would say if there was a clause preventing tax breaks from going to management? It doesn't seem like a terrible idea, but would screw over middle-management and the supervisory positions an incentive like this could create."}
{"_id": "63075", "title": "", "text": "IMO this means one of two things: the bank thinks that 3 months from now, the interest rates it plans to offer will be lower than 1%; after 180 days, it will go up again. the bank needs more short-term cash than mid-term cash right now, so it offers you a better deal. In either case, it is unlikely that your 90 day intrest rate will be available 90 days from now, and most likely it will be below 1% unless the bank yet again needs short-term cash from its customers. With those proposed rates, I would go for half in 90 days and half in 270 days. Disclaimer: am no economist, just spent a lot of time the past year fretting over the same kind of questions.  Feel free to tell me where I'm wrong if you think I am."}
{"_id": "63088", "title": "", "text": "Your question indicates you really don't have a good grasp on personal finance.  you might want to read a book or two.  I'd recommend attending Financial Peace University, but my buddy Joe Taxpayer would throw an egg at me for that.  Please take some sort of class. In the mean time, here is your plan:  Pay this off do not borrow more."}
{"_id": "63091", "title": "", "text": "More leverage means more risk. There is more upside. There is also more downside. If property prices and/or rents fall then your losses are amplified. If you leverage at 90% then a 5% fall means you've lost half your money."}
{"_id": "63144", "title": "", "text": "Basically, it will depend on the documents your employer gives you. If your employer gives you a 2015 W-2 then you would claim it as income on your 2015 taxes. If the first W-2 they give you is for 2016, then you claim it on your 2016 taxes."}
{"_id": "63145", "title": "", "text": "\"Hah, Canada has had Fox news available for years. Canada also has the Sun News Network, which although not financially connected to Fox News, is in line with them philosophically. In other words, they reject the pro-left tilt of the MSM and present an opposing point of view. The Left can't tolerate other viewpoints because they don't have arguments to refute them. Instead they shriek \"\"Lies\"\" and the intellectually lazy are drawn in.   You should try educating yourself, not to mention *think* for yourself. Quit embarrassing yourself by parroting left-wing talking points.\""}
{"_id": "63156", "title": "", "text": "Alleviating and expediting the healing of injuries is just the beginning of how massage therapy can help athletes. Easing muscle pain is one reason for them to seek the help of a skilled massage therapist; after all, people who play sports often suffer from muscular pain on a regular basis."}
{"_id": "63158", "title": "", "text": "A guy I used to work with would buy some shares in certain companies on a regular basis.  The guy in question chose Coke, Pepsi, GE, Disney and some other old stable stocks.  He just kept buying a few shared ($50 or so at a time) year after year after year.  He worked his entire life, but by the time he was ready to retire, he had a pretty sizable investment; he was worth a rather tidy sum. The moral of the story is, it is very much worth it to invest a bit at a time.  Don't bother with the idea of buying low and selling high; not right now.  Just go ahead and buy stable stocks (or shares of index funds) and wait them out.  This strategy (mixed with other retirement tactics like a 401K from work, and IRA of your own, Social Security in the US) is a good way to build wealth. Don't spend money you don't have, be ready for a long term investment and I think it makes great sense, regardless of what country you live in."}
{"_id": "63171", "title": "", "text": "See the problem is it's very hard to see how they can leave or ask to leave. There's very little on this in the treaties. They can't be kicked out under any treaty to the best of my knowledge. The only way I can see them getting kicked out is that they are cut off from Target 2, forced to print money/introduce capital controls etc, that breaks the laws of loads of treaties and they then get kicked out of not just the Euro but also the EU.  It's all so incredibly messy."}
{"_id": "63176", "title": "", "text": "I believe firmly that a bird in the hand is worth two in the bush.    Cash your gains out and be happy with your profit."}
{"_id": "63196", "title": "", "text": "They'll do what the U.S. did -- dump a lot of freshly made numbers into the banking system and watch the banker/speculators have fun while their economies continue to die, then wring hands, shrung shoulders and take more money from banker/speculators for their re-election campaigns."}
{"_id": "63243", "title": "", "text": "\"I find the question interesting, but it's beyond an intelligent answer.  Say what you will about Jim Cramer, his advice to spend \"\"an hour per month on each stock\"\" you own appears good to me. But it also limits the number of stocks you can own. Given that most of us have day jobs in other fields, you need to decide how much time and education you can put in. That said, there's a certain pleasure in picking stocks, buying a company that's out of favor, but your instinct tells you otherwise. For us, individual stocks are about 10% of total portfolio. The rest is indexed. The amount that \"\"should be\"\" in individual stocks? None. One can invest in low cost funds, never own shares of individual stocks, and do quite well.\""}
{"_id": "63246", "title": "", "text": "Credit card interest was deductible prior to 1986. Just because it's an expense doesn't mean it needs to be deductible.   We need to move toward elimination of the income tax, we're also $20T in debt, there's gonna be cuts that people aren't gonna like but we have to move forward."}
{"_id": "63250", "title": "", "text": "It could be a couple of things besides extra principal: I seem to remember hearing that some (shady?) lenders would just pocket extra payments if you didn't specify where they were headed, but I've also been told that this just isn't true."}
{"_id": "63276", "title": "", "text": "\"I'm not going to recommend a specific card.  New card offers pop up all the time.  My answer would be out of date in a month! As a general rule, if you pay off your balance every month, you should be looking at a cash-back or a rewards card. Cash-back cards will give you some money (say 1%) of every dollar you spend.  Some will give you larger amounts of cash-back for certain types of spending (e.g. groceries). With a Rewards card, you usually get \"\"points\"\" or \"\"airline miles\"\", which can be redeemed for merchandise, flights around the wold, concert tickets, etc. With these types of cards, it makes sense to do as much of your spending as possible with the cards, so you can maximize the benefits. Which specific card is best will depend on your shopping habits, and which bank is offering the best deal that week.  I recommend you start at http://www.creditcards.com to compare card offerings.  For cash-back cards, you can also go to http://www.creditcardtuneup.com, enter some details of your spending, and see which one will give you the most cash back.\""}
{"_id": "63294", "title": "", "text": "depends entirely on the scope and where your chokepoints are.   if its a question of ginormeous amounts of data being stored in your spreadsheet and then extracted/joined with a mess of index match functions, that can quickly run up in size, and can be deftly replaced with a powerquery setup.   If it's a computation that requires a few iterative steps or complex nested lookups, but with simple inputs, then a few simply scripted UDFs can lower the complexity (and workload and size) of the workbook.   OP also mentions that the workbook is used for the display. If there is a lot of repeated deletion and adding of formats, sometimes workbook size can be seriously affected by these things cluttering up the sheet, and it can be useful to just clear those outs.   I'd say it makes sense to move away from workbooks and into something more technical if you the organizational support to do so. If one person sits and codes models in python but none of his colleagues can work on it or fix it, and it's not documented correctly, and there's no support structure, then I'd be cautious of transferring something business critical to that structure, rather than optimizing the solution that people are familiar with and can modify themselves.   But if it's a tech-savvy organization that recruits accordingly and has the technical support structures to implement changes and modifications as required by the business, I don't see any problem in using other tools."}
{"_id": "63295", "title": "", "text": "One thing I thought of when I heard this was first announced, is how theaters actually make money. Theaters don\u2019t make much from the movies they show, since studios take a huge portion of ticket sales for themselves, especially at release - theaters make money with concessions and value add services, which would still be in full effect even on this \u201cmovie a day\u201d subscription model. I\u2019m no expert in the industry though, so I could be completely wrong here, but I\u2019d imagine if theaters have a limitation on the pass in terms of how long a movie must be out before a pass can be used to see it (thereby avoiding the super high studio ticket cost) then they can still make good money from people dropping 30 bucks for popcorn, a drink and candy before they go in to see the movie."}
{"_id": "63296", "title": "", "text": "\"If so, then if company A never pays dividends to its shareholders, then what is the point of owning company A's stock? The stock itself can go up in price. This is not necessarily pure speculation either, the company could just reinvest the profits and grow. Since you own part of a company, your share would also increase in value. The company could also decide to start paying dividend. I think one rule of thumb is that growing companies won't pay out, since they reinvest all profit to grow even more, but very large companies like McDonalds or Microsoft who don't really have much room left to grow will pay dividends more. Surely the right to one vote for company A's Board can't be that valuable.  Actually, Google for instance neither pays dividend nor do you get to vote. Basically all you get for your money is partial ownership of the company. This still gives you the right to seize Google assets if you go bankrupt, if there's any asset left once the creditors are done (credit gets priority over equity). What is it that I'm missing? What you are missing is that the entire concept of the dividend is an illusion. There's little qualitative difference between a stock that pays dividend, and a stock that doesn't. If you were going to buy the stock, then hold it forever and collect dividend, you could get the same thing with a dividend-less stock by simply waiting for it to gain say 5% value, then sell 4.76% of your stock and call the cash your dividend. \"\"But wait,\"\" you say, \"\"that's not the same - my net worth has decreased!\"\" Guess what, stocks that do pay dividend usually do drop in value right after the pay out, and they drop by about the relative value of the dividend as well. Likewise, you could take a stock that does pay dividend, and make it look exactly like a non-paying stock by simply taking every dividend you get and buying more of the same stock with it. So from this simplistic point of view, it is irrelevant whether the stock itself pays dividend or not. There is always the same decision of whether to cut the goose or let it lay a few more eggs that every shareholder has to make it. Paying a dividend is essentially providing a different default choice, but makes little difference with regards to your choices. There is however more to it than simple return on investment arithmetic: As I said, the alternative to paying dividend is reinvesting profits back into the enterprise. If the company decided to pay out dividend, that means they think all the best investing is done, and they don't really have a particularly good idea for what to do with the extra money. Conversely, not paying is like management telling the shareholders, \"\"no we're not done, we're still building our business!\"\". So it can be a way of judging whether the company is concentrating on generating profit or growing itself. Needless to say the, the market is wild and unpredictable and not everyone obeys such assumptions. Furthermore, as I said, you can effectively overrule the decision by increasing or decreasing your position, regardless of whether they have decided to pay dividend to begin with. Lastly, there may be some subtle differences with regards to things like how the income is taxed and so on. These don't really have much to do with the market itself, but the bureaucracy tacked onto the market.\""}
{"_id": "63301", "title": "", "text": "You are the one lending yourself the shares to sell;you purchase the stock at market price and sell at the strike price of the option to the put seller when you exercise the option."}
{"_id": "63308", "title": "", "text": "Is anything possible, and if so, how? Because of the circumstances, there is nothing you can do. You do not have the ISIN, nor are you a part-owner of the account.  The information you would need is:  As always, good luck."}
{"_id": "63315", "title": "", "text": "I came to say the same thing. I've had the amazon app for years and have been doing this. If i see something I like while in a store, sometimes I'll scan it with the app and see if it's worth waiting and getting it from amazon.  *Shrug*"}
{"_id": "63332", "title": "", "text": "If you don't mind me asking, what is it that you do now?  How much, if at all, has the charter helped you get to where you are now?  I just wrote level 2 last week after passing level 1 in December.  I'm so tired now and I'm thinking hard about if it's worth it to sign up next June."}
{"_id": "63358", "title": "", "text": "&gt; Is this good? No. It's way too much information,  ...For now. Given that computer processing speed (per price unit) is still increasing exponentially each year, and that our collective knowledge of genetics has been increasing rapidly (if not exponentially) in recent decades, establishing something like this today could clearly lead to substantial clinical improvements a decade from now.  &gt; and has real ethical-legal implications (what happens when we find other mutations?)  Presumably, you'd inform the patient so that they can watch out for any subsequent symptoms of disease related to that mutation, and - if possible - treat it before it becomes a problem. This is the entire promise of personalized medicine, gene therapies, and rapid gene sequencing."}
{"_id": "63363", "title": "", "text": "See how you can only make the premium amount but your risk is the same as holding the stock when writing a put option."}
{"_id": "63365", "title": "", "text": "Beware of keeping up with the Joneses. Many of your free-spending neighbors are broke. Basically, the prices of things like what you're noticing will rise as incomes in the area rise. A great example of this can be found in state capitals and college towns, where battalions of government workers or students all make just about the same amount of money and drive prices accordingly. For example, a college town tends to have a tight rental market."}
{"_id": "63366", "title": "", "text": "It depends on what provider they are using to process your charge and if it's through a website, a phone application or a desktop application. For example, if they build a desktop application with Authorize.net, the desktop application will take your information in, and then make a webservice call with it to a secure authorize.net processing platform. Something similar is true for FirstData. However, if they are using PayPal to process your request, you are routed to a paypal site to make the charge, then the funds are sent to the merchant.  As for what is returned that also depends on the provider and the application. If you are using a website it's likely an XML response with all the information they provide upon a transaction attempt. If it's a desktop application they may just hand the cc info off to a library which processes the charge and then returns specific confirmed or denied flags. So to be totally honest without knowing the exact situation in which you are charging your card, it's impossible to know. For all you know they are putting your credit card information in a database unencrypted and then charging them all at the end of the week in one giant batch.    If you are able to find out whom they are using as a credit card processing provider then you can look for that companies developer documentation. It will provide you with all the information you are looking for including examples."}
{"_id": "63367", "title": "", "text": "This is true Giant and Specialized do have their own stores, however, not all of them are self owned. They still sell some of their bikes to independent bike dealers.   What if we take this idea a step further for component manufacturers like FSA, ENVE, Reynolds, Ritchey, or 3T. If any of these brands were to go direct to consumer how could they do it without upsetting their distributors?"}
{"_id": "63401", "title": "", "text": "Oregon Ranches for Sale | Eastern Oregon Realtor --Visit www.jettblackburn.com to view Oregon Ranches for sale and Oregon Farms for sale. Curt Black is on of the best Burns Oregon Real Estate experts. Curt knows the inventory and has experience in selling and buying Oregon Ranches and Oregon Farms. JETT BLACKBURN REAL ESTATE INC. specializes in Burns and Eastern Oregon Land, Ranches and Acreage Call 800-573-7206 today or visit our website to view land, properties and homes for sale."}
{"_id": "63403", "title": "", "text": "\"People must simply be willing to match your orders if they know about it. You can sniff orders out if you can see them or predict them. For instance, you can look at an order book and decide who you want to get filled at, especially if you are looking at different quotes from different exchanges. So you can get a \"\"better\"\" fill just by looking at what someone is willing to pay to enter/exit their order as well as what exchange they placed their order through, and send an order to that specific exchange to match them. You (or a program) can just watch the level 2's and place an order as soon as you see one you like. The orders on the level2's do not reveal ALL interested market participants. Also many brokers have difficulty updating options quotes. Finally, options & market volatility can inflate or decrease the price of options by large percentages very quickly.\""}
{"_id": "63406", "title": "", "text": "Yeshiva University &amp; all the High Schools connected to them, my boys former Yeshiva - Yeshiva Derech Hatorah, Yeshiva Chofetz Chaim, Yeshiva Chaim Berlin, and plenty of girls schools. I mean there are many many many more Yeshivas/Jewish Orthadox schools that teach what you are calling 'modern concepts'.  You are right that there are many that have an 'elitist' attitude there are many who are absolutely not like that. I also find the elitist attitude is more about the fact that many Orthadox Jews dont have to have any interaction outside of the Jewish community. They can go to Jewish Universities, work at Jewish Companies, live in predominantly Jewish neighborhood, and mostly don't need to interact with anything outside of the Jewish community.  I do find it wrong because while you can live a life of Torah Values we are supposed to be a light upon other nations and that requires some form of interaction.  Also this is fucking America. We need to be a part of this nation. Doesn't mean we need to not be Orthadox, but Jews need to show that they are invested in the communities, in politics, and the like.  But then again you gets whats happening with that school board (which I'm on the side that the state is really screwing with that school district with funding from what I have read up on the case) so it is a catch 22.  As as for not embracing modern ways, there is much about political correctness and progressive attitudes that are going far over the top. I find that Orthodox Judaism viewpoint on men &amp; women are actually pretty slanted towards women (and always have been), that Jewish religious law only applies to Jews and not non-Jews (so all that stuff that the Christians keep saying oh the old testament says this and blah blah blah) according to Jews it doesn't apply to non-Jews (only the 7 Laws of Noah apply to the Gentiles of the World according to Judaism).  Also by following the Torah, sorry but that doesn't mean we are a part of the modern civilization. If one doesn't like following Orthodox Judaism then don't do so - no one is forcing you with a gun to your head. Most Orthodox Jews I know are respectful of Conservative &amp; Reform Jews. I know where we live it is very much like that. Two of my kids are best friends with kids whose parents belong to a Conservative Synagogue. Orthodox Jews are a part of every type of career that is out there, they don't force their ideology onto others, don't try to convince people to convert, don't tell you that you are going to hell if you don't follow their teachings, and the biggest things that set Jews apart are dietary laws, following the sabbath, and all of our holidays - and how does that hurt anyone or make us not 'modern'?  Yes there are many who are not like what I wrote above but the majority are not like what you wrote"}
{"_id": "63422", "title": "", "text": "\"The short answer is \"\"it depends\"\", mainly on the type of record and how old it is. Most retained records should be organized by year first, then by type. Have a look at this: http://www.bankrate.com/finance/personal-finance/how-long-to-keep-financial-records.aspx Typically, you should do the following:\""}
{"_id": "63425", "title": "", "text": "\"it hasn't changed at all, as shown in his book \"\"the big short\"\".   To be sure, there is a lot of real stuff going on, but a lot of malarkey too. Hence the book \"\"where are all the customers yachts?\"\"\""}
{"_id": "63427", "title": "", "text": "You have to have 9% ROI for your investment to break even. That's pretty steep. I'd pay the loan, where you have 9% promised return. Just make sure that there are no pre-payment penalties, and that you're comfortable enough with not having that money available."}
{"_id": "63434", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bbc.com/news/business-41779341) reduced by 85%. (I'm a bot) ***** &gt; The growth extended the robust activity reported in the previous quarter, when US GDP grew at an annual pace of 3.1%. Analysts had been expecting a sharp slowdown after back-to-back hurricanes battered several states in the quarter.  &gt; Consumer spending, which increased at a hearty 3.3% rate in the second quarter, slowed to 2.4% growth - a deceleration probably caused by the hurricanes.  &gt; The price index for consumer spending, a closely-watched measure of inflation, increased at 1.3% in the third quarter, excluding food and energy.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/79b8a9/us_growth_faster_than_expected/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~236790 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **GDP**^#1 **quarter**^#2 **growth**^#3 **President**^#4 **Department**^#5\""}
{"_id": "63437", "title": "", "text": "And I assume that is raw numbers, not corrected dollars.  Even if it were  corrected for official inflation it'd understate the change.  Anyone paying attention can tell that inflation is pretty rampant, even if the official figures pretend it's low.  Just had to pay $14 for an ordinary decent burger in a bar here, where only a few years ago it would have been $7 or $8 (metro Boston MA)."}
{"_id": "63466", "title": "", "text": "I love how the prospect of timely task completion and a greater ROI for our taxes is scaring the hell out of the copy-paste monkeys in the media and those working in the diploma mills we call universities.  They are scared it might catch on ..."}
{"_id": "63474", "title": "", "text": "I've never taken my 8 year old there, (he has been with friends parent's though) he saw right through their marketing bullshit and didn't like the food anyway - the tide is turning McDonalds, what are you going to do?"}
{"_id": "63501", "title": "", "text": "\"If the balance on the low rate loan is very high (say, an IBR student loan at 6% that accumulates interest every year), and the balance on the high rate loan (say, a CC at 18%) is comparatively very small, then you'd want to make sure that you've at least \"\"stopped the bleeding\"\" on the high balance loan before starting to pay off the CC.\""}
{"_id": "63522", "title": "", "text": "I've spent a lot of time in Sweden.  Hard-working and educated are among the top words I would use to describe my Swedish friends. Spent some time in Denmark and Finland too and it appears to be the same there. I don't think you can say that about many counties. Next country over, Russia, one of the top words is cynical. You won't find more cynical people about taking and giving to those who claim greater need after the horrendously failed experiment.  Also I don't think Sweden is as socialist as people make them out to be, although I have to admit I haven't researched it much. I've just spent a few months there."}
{"_id": "63526", "title": "", "text": "I am selling in an idea.   We are running a concierge MVP to test the insight behind an idea before going into development.  Essentially what the meeting will involve is me offering the brand some free market research.  Wow, never posted on /r/business before... negative community?"}
{"_id": "63528", "title": "", "text": "That's not entirely true for Oregon. It's illegal to pump your own gas in Oregon so every gas station has to employ at least one attendant. Don't think it amounts to $0.30 per gallon but it definitely raises the price of gas being forced to pay an adult to complete a task simple enough for a child."}
{"_id": "63531", "title": "", "text": "Thanks for that. After a while I was just writing for the enjoyment of writing (and because my wife is out of town) but it's cool that you followed it all the way and compliments are always appreciated! I long ago learned that the art of successful debate is at least 50% the ability to refrain from name calling."}
{"_id": "63532", "title": "", "text": "You cannot roll over your 401k money in an employer's 401k plan into an IRA (of any kind) while you are still employed by that employer. The only way you can start on the conversion before you retire (as Craig W suggests) is to change employers and start rolling over money in the previous employer's 401k into your Roth IRA while possibly contributing to the 401k plan of your new employer. Since the amount rolled over is extra taxable income (that is, in addition to your wages from your  new job), you may end up paying more tax (or at higher rates) than you expect."}
{"_id": "63541", "title": "", "text": "Total link bait title and rambling anecdotal story but they are not the same company they used to be. The CEO sold out to line his own pockets and B&amp;D was bought out by Stanley a few years ago. Large scale layoffs followed soon after and they are basically a Stanley division now, or last I heard."}
{"_id": "63547", "title": "", "text": "Heartworm in mammals, caused by a hazardous micro organism named Dirofilaria immitis, was once a southern United States disease but has now spread to different parts of the country. This endemic can affect cats, dogs, and ferrets. Since it is a bit different for each species, the heartworm medicines for each mammal differ as well."}
{"_id": "63565", "title": "", "text": "\"My original answer contained a fundamental error: it turns out that it is not true that any exchange can create its own product to track any underlying index.  If the underlying index is copyrighted (such as the S&P indices, Russell indices, Dow Jones indices, etc.) then the exchange must enter into a licensing agreement (usually exclusive) with the copyright holder in order to use the index's formula (and name).  Without such a license the exchange would only be able to approximate the underlying index, and I don't think that happens very much (because how would you market such a product?). The CME offers several futures (and other derivatives) whose face value is equivalent to some multiple of the S&P500's value on the date when the product expires.  When such a product is actively traded, it may serve as a reasonable indicator of the \"\"market\"\"'s expectation of the S&P500's future value. So, you could pay attention to the front month of the CME's S&P 500 Mini future, which trades from 17:00-16:00 Chicago time, Sunday night through Friday afternoon.  But remember that the prices quoted there are As another example, if you care about the Russell 2000 index, until 2017 the ICE Exchange happened to hold the license for its derivatives.  They traded from 20:00-17:30 New York time, Sunday night through Friday afternoon.  But in mid-2017 CME bought that license as well, so now you'll want to track it here. Moral: There's almost always some \"\"after hours\"\" product out there tracking whatever index you care about, but you may have to do some digging to find it, and it might not be all that useful for your specific purpose.\""}
{"_id": "63568", "title": "", "text": "Each of your prototype or iteration should have a specific goal. In a lot of cases, it becomes difficult for a prototype to do a lot of things at a time. It could be because of anything, cost, logistics, development of the product, pitching process etc. the necessity is for several iterations that are required. It is best to get hardcore granular in such situations."}
{"_id": "63569", "title": "", "text": "What to do with your equity?  Leave it alone..."}
{"_id": "63577", "title": "", "text": "\"YES.. Management fees cut directly into your profits. A fund which achieves 8% growth but costs 1% to maintain delivers only 7% to you. Compounded over years, even a relatively small difference can add up to a significant amount of money. This is one of the advantages index funds have. They may not be as \"\"sophisticated\"\" as human-managed funds, but their expense ratio is so much lower that the end result for the investor is often as good as or better than the more expensive products. In fact, at least one study found that, for each category they researched, low expense ratio was a better predictor of good return on investment than anything else they looked at. That doesn't mean cheapest is always best or most expensive is always worst .... but it does mean you should be very, very sure an expensive fund really is that much better before choosing it. And sticking with simple index funds may be a perfectly reasonable choice.\""}
{"_id": "63628", "title": "", "text": "I can't find the source but I read an article yesterday where hes stated that they ran a poll of his 8,000 workers in Florida and asked party affiliation.  If they answered Republican he sent a representative to make sure they were registered to vote.  If answered otherwise the same courtesy was not extended.  I'll keep looking for that link.    Edit: Found the  [Article](http://gawker.com/5950189/the-ceo-who-built-himself-americas-largest-house-just-threatened-to-fire-his-employees-if-obamas-elected?utm_campaign=socialflow_gawker_twitter&amp;utm_source=gawker_twitter&amp;utm_medium=socialflow)"}
{"_id": "63649", "title": "", "text": "You say  My work is steady; even if I lost my job it'd be easy to get another. Location has been static for a few years now, but I'm not sure that'll extrapolate to the future; I'm lazy, so I don't want to move, but for a significantly better job opportunity I wouldn't mind.   The general rule of thumb is that you'll come out ahead if you buy a house (with a mortgage) and live there for five years.  What you lose in interest, you make up in rent.  And living there for five years, you make back your closing costs in equity.  If you're there less than five years though, you don't make back the closing costs.  You'd have been better off renting.   Historically (up to about twenty years ago), your mortgage payment and rent payment for the same basic property would be about the same.  I.e. if your current landlord sold you what you are renting, your mortgage payment would be roughly the same as your rent.  Maybe a little lower or a little higher but about the same.  More recently, it hasn't been strange to see a divergence in those.  Now it is not uncommon for a mortgage payment to be 50% higher than rent on the same property.   This has some consequences.  First, your $1000 rent probably won't stretch as far as a $1000 mortgage payment.  So you'll be buying something that you'd only pay $650 or $700 rent.  Second, if you move and can't sell immediately, you'll get less in rent than you'd pay in mortgage.  Rather than contributing to your income, the property will require subsidy just to maintain the mortgage.  And in the early years of the mortgage, this means that you're paying all of the principal (equity) and some of the interest.   Buying a duplex makes this worse.  You have your side and their side.  You can substitute your $1000 rent for half of the mortgage payment.  Meanwhile, they are paying $700 in rent.  You have to subsidize the mortgage by $300.  Plus, you are talking about hiring a property management company to do things like lawn maintenance.  There goes another $100 a month.  So you are subsidizing the mortgage by $400.   I don't know real estate prices in Utah, but a quick search finds a median house price over $200,000.  So it seems unlikely that you are buying new construction with new appliances.  More likely you are buying an existing duplex with existing appliances.  What happens when they fail?  The renter doesn't pay for that.  The property management company doesn't pay for that (although they'll likely arrange for it to happen).  You pay for it.   Also, it often takes a bit of time to clean up the apartment after one tenant leaves before the new tenant starts paying rent.  That's a dead weight loss.  If this happens during a local recession, you could be carrying the mortgage on a property with no offsetting rental income for months.   There are some countervailing forces.  For example, if house prices in your area are increasing, the rent will increase with them (not necessarily at the same pace).  But your mortgage payment stays the same.  So eventually the rent may catch up with the mortgage payment.  If you wait long enough in a strong enough market, the rent on the other half of the duplex may cover the entire mortgage payment.   If you currently have an urban apartment within walking distance of work and switch to a suburban apartment with a commute, you have a better chance of finding a duplex where the entire mortgage payment is only the $1000 that you pay in rent.  Your half of the duplex won't be as nice as your apartment is, and you'll have a half hour or hour long commute every morning (and the same to get home in the evening).  But on strictly fiscal terms you'll be doing about as well.  Plus you have the income from the other half.  So even if your mortgage payment is more than your rent payment, you can still break even if the rent covers it.   Consider a $1400 mortgage and $400 in rent from the other half (after property management fees).  So long as nothing goes wrong, you break even.  Perhaps the agreement is that your parents take care of things going wrong (broken appliances, troublesome tenants, time between tenants).  Or perhaps you drain your emergency fund and adjust your 401(k) payment down to the minimum when that happens.  Once your emergency fund is replenished, restore the 401(k).   If you're willing to live in what's essentially a $500 apartment, you can do better this way.  Of course, you can also do better by living in a $500 apartment and banking the other $500 that you spend on rent.  Plus you now have the expenses of a commute and five hours less free time a week.   You describe yourself as essentially living paycheck to paycheck.  You have adequate savings but no building excess.  Whatever you get paid, you immediately turn around and spend.  Your parents may view you as profligate.  Your apartment is nicer than their early apartments were.  You go out more often.  You're not putting anything aside for later (except retirement).   It didn't use to be at all strange for people to move out of the city because they needed more space.  For the same rent they were paying in the city, they could buy a house in the suburbs.  Then they'd build up equity.  So long as they stayed in roughly the same work location, they didn't need to move until they were ready to upgrade their house.   The duplex plan leads to one of two things.  Either you sell the duplex and use the equity to buy a nicer regular house, or you move out of the duplex and rent your half.  Now you have a rental property providing income.  And if you saved enough for a down payment, you can still buy a regular house.   From your parents' perspective, encouraging you to buy a duplex may be the equivalent of asking you to cut back on spending.  Rather than reducing your 401(k) deposits, they may be envisioning you trading in your car for a cheaper one and trading in your nice but expensive apartment for something more reasonable in a cheaper neighborhood.  Rather than working with a property management company, you'll be out doing yardwork rather than cavorting with your friends.  And maybe the new place would have more space to share when you meet someone--you aren't going to provide many grandkids alone.   If you get a mortgage on a duplex, you are responsible for paying the mortgage.  You are responsible even if something happens to the house.  For example, if a fire burns it down or a tornado takes it away.  Or you just find that the house isn't solid enough to support that party where all of your friends are jumping up and down to the latest pop sensation.  So beyond losing whatever you invest in the property, you may also lose what you borrowed.   Now consider what happens if you invest the same amount of money in General Motors as in the house.  Let's call that $10,000 and give the house a value of $200,000.  With General Motors, even if they go bankrupt tomorrow, you're only out $10,000.  With the house, you're out $200,000.  Admittedly it's much hard to lose the entire $200,000 value of the house.  But even if the house loses $80,000 in value, you are still $70,000 in the hole.   You don't need a disaster for the house to lose $80,000 in value.  That's pretty much what happened in the 2006-2010 period.  People were losing all of what they invested in houses plus having to declare bankruptcy to get out of the excess debt.  Of course, if they had been able to hold on until 2015 markets mostly recovered.  But if you lost your job in 2008, they wouldn't let you not make mortgage payments until you got a new one in 2012.   When you declare bankruptcy, you don't just lose the house.  You also lose all your emergency savings and may lose some of your belongings.   There are some pretty prosaic disasters too.  For example, you and your tenant both go away for a weekend.  It rains heavily and your roof starts to leak due to weak maintenance (so not covered by insurance).  The house floods, destroying all the electronics and damaging various other things.  Bad enough if it's just you, but you're also responsible for the tenant's belongings.  They sue you for $20,000 and they move out.  So no rent and big expenses.  To get the house livable again is going to take $160,000.  Plus you have a $190,000 mortgage on a property that is only worth about $40,000.  That's at the extreme end."}
{"_id": "63665", "title": "", "text": "\"Their goals are not to maximize profits of the grocery store - but to maximize the profits of the grocery store *owners*.   If they were to show a substantial profit from the store, there would be many wanting to take their share - be it government tax-men or worker unions.    It is thus much better to operate stores that are \"\"barely breaking even\"\" and \"\"can't afford to pay increased wages\"\" while paying many times more for the goods from an overseas intermediate company that is willing to provide kickbacks to the right people in the tax heavens.\""}
{"_id": "63666", "title": "", "text": "Disclaimer: it's hard to be definitive as there may be some law or tax rule I'm not aware of. From a UK perspective, this should be perfectly legal. If it's just a one-off or occasional thing for personal reasons, rather than being done in the course of a business, there probably aren't any tax implications. In theory if there's an identifiable profit from the transaction, e.g. because you originally obtained the INR at a lower exchange rate, then you might be liable to capital gains tax. However this is only payable above approximately \u00a310K capital gains (see http://www.hmrc.gov.uk/rates/cgt.htm) so unless this is a very large transaction or you have other gains in the tax year, you don't need to worry about that. I would only recommend doing this if you trust each other. If one side transfers the money and the other doesn't, the international nature will make it quite hard in practice to enforce the agreement legally, even though I think that in theory it should be possible. If the sums involved are large, you may find that the transaction is automatically reported to the authorities by your bank under money laundering regulations, or they may want documentation of the source of the funds/reason for the transaction. This doesn't automatically mean you'll have a problem, but the transaction may receive some scrutiny. I think that reporting typically kicks in when several thousand pounds are involved."}
{"_id": "63678", "title": "", "text": "They care more about the fact that Obama raised the debt more than bush by 1% then the fact the rich are getting a tax break. One side of me can\u2019t wait til tax time so these morons can find out they got fucked."}
{"_id": "63690", "title": "", "text": "This is a slightly different reason to any other answer I have seen here about irrationality and how being rationally aware of one's irrationality (in the future or in different circumstances) can lead you to make decisions which on the face of it seem wrong. First of all, why do people sometimes maintain balances on high-interest debt when they have savings? Standard advice on many money-management sites and forums is to withdraw the savings to pay down the debt. However, I think there is a problem with this. Suppose you have $5,000 in a savings account, and a $2,000 credit card balance. You are paying more interest on the credit card than you get from the savings account, and it seems that you should withdraw some money from the savings account, and pay off the cc. However, the difference between the two scenarios, other than the interest you lose by keeping the cc balance, is your motivation for saving. If you have a credit card balance of $2,000, you might be obliged to pay a minimum payment of $100 each month. If you have any extra money, you will be rewarded if you pay more in to the credit card, by seeing the balance go down and understanding that you will soon be free from receiving this awful bill each month. To maintain your savings goal, it's enough to agree with yourself that you won't do any new spending on the cc, or withdraw any savings.  Now suppose that you decide to pay off the cc with the savings. There is now nothing 'forcing' you to save $100 each month. When you get to the end of the month, you have to motivate yourself that you will be adding spare cash to your $3,000 savings balance, rather than that you 'have to' pay down your cc. Yes, if you spend the spare cash instead of saving it, you get something in return for it. But it is possible that spending $140 on small-scale discretionary spending (things you don't need) actually gets you less for your money than paying the credit card company $40 interest and saving $100? You might even be tempted to start spending on your credit card again, knowing that you have a 0 balance, and that you 'can always pay it off out of savings'. It's easy to analogize this to a situation with two types of debt. Suppose that you have a $2,000 debt to your parents with no interest and a $2,000 loan at high interest, and you get a $2,000 windfall. Let's assume that your parents don't need the money in a hurry and aren't hassling you to pay them (otherwise you could consider the guilt or the hassle as a form of emotional interest rate). Might it not be better to pay your parents off? If you do, you are likely to keep paying off your loan out of necessity of making the regular payments. In 20 paychecks (or whatever) you might be debt free. If you pay off your loan, you lose the incentive to save. After 20 months you still owe your parents $2,000. I am not saying that this is always what makes sense. Just that it could make sense. Note that this is an opposite to the 'Debt Snowball' method. That method says that it's better to pay off small debts, because that way you have more free cash flow to pay off the larger debts. The above argues that this is a bad idea, because you might spend the increased cash flow on junk. It would be better to keep around as many things as possible which have minimum payments, because it restricts you to paying things rather than gives you the choice of whether to save or spend."}
{"_id": "63698", "title": "", "text": "I agree with you that you need to consolidate this debt using a loan. It may be hard to find a bank or credit organization that will give you an unsecured personal loan for that much money.  I know of one, called Lending Club (Disclaimer - I'm an investor on this platform. Not trying to advertise, it's just the only place I know of off the top of my head) that facilitates loans like this, but instead of a bank financing the loan, the loan is split up accross hundreds of investors who each contribute a small amount (such as $25). They have rates anywhere between 5-30%, based on your credit profile(s), and I believe they have some loan amounts that go up to the area that you're discussing.  Regarding buying the house - The best thing you can do when trying to buy a house is to save up a 20% downpayment, if at all possible. Below this amount, you may be asked to pay for 'PMI' - Private Mortgage Insurance. This is a charge that doesn't go away for quite a while (until you've paid them 20% of the appraised value of the home), where you pay a premium because you didn't have the 20% downpayment for the house.  I would suggest you try to eliminate your credit card debt as soon as possible, and would recommend the same for your father. Getting your utilization down and reconsolidating the large debts with a loan will help to reduce interest charges and get you a reasonable, fixed payment.  Whether you decide to pay off your own balances using your savings account is up to you; if it were me, personally, I'd do so immediately rather than trying to pay it off over time. But if you lose money to taxes by withdrawing the money from your 'tax free savings account', it may not be a beneficial situation.  Treat debt, especially credit card debt, like an emergency at all times, and you'll find yourself in a better place as a result.  Credit card debt and balances are and should be temporary, and their rates and fees are structured that way. If, for any reason, you expect that a credit card's balance will remain for an extended period of time, you may want to consider whether it would be advantageous for you to consolidate the debt into a loan, instead."}
{"_id": "63725", "title": "", "text": "\"&gt;Good, that gives their competition time to take market share.  Except TAM (total actual market) is decreasing, the pool of \"\"market share\"\" is going down. So what's happening is companies are slashing margins to even maintain market share, much less increase it. Look at what's happening in computers, DELL, HP, Acer, Asus, Lenovo. Apple's sales numbers dropped for notebooks as well, but because they didnt drop as much as HP or Lenovo their market share went up. This is the new normal. Less than stellar sales.  &gt;As long as there is money on the table, someone is going to reach for it. Markets aren't known for their patience.  Problem is there is less and less money on the table. Big companies are squeezing little companies. Know what you just described? Wal-mart puts the little guy out of business--- they're efficent!   &gt;Bullshit, tax burdens cause tax avoidance, they don't touch production as long as profits are still available.  Yes, some, but you can only avoid it if you are multi-national. Businesses with completely domestic operations cannot avoid liabilities in the same way. But as I said above the markets are shrinking, there is less money on the table and the players that are left are fighting over the last scraps. That is obviously a bit extreme, but I personally deal with a lot of retailers and OEMs and there is NOT the wiggle room you describe. I get beat up for a few dollars.   I am not talking about banks, or energy companies, or healthcare companies. I am talking about the thousands of small and medium businesses that are already squeezed. These entities are the lifeblood of the larger economy. One or two go out of business and nobody notices, but hundreds and thousands of these companies have closed now. A healthy company is not made up of only Wal-mart, Exxon and Apple.\""}
{"_id": "63747", "title": "", "text": "The money NEVER becomes your money. It has been paid to you in error. Your best response is to write to the company who has paid you in error and tell them that for the responsibilty and subsequent stress caused to you by them putting you in a position of looking after their money you hereby give notice that you are charging them $50 per week until such time as they request the repayment of their money. Keep a dated copy of your letter and if they fail to respond then in 12 weeks they will have to pay you $600 to retrieve their $600. If they come back to you anytime after that they will OWE YOU money - but I wouldn't push for payment on that one. I have successfully used this approach with companies who send unsolicited goods and expect me to mess about returning them if I don't want them. I tell them the weekly fee I am charging them for storage and they quickly make arrangements to either take their goods back or (in one case) told me to keep them."}
{"_id": "63755", "title": "", "text": "This is rubbish. Universities will be empty long before the price ever gets that high. As prices rise, you sell less product - it's that simple.   The US has decided that only a small percentage of its citizens should be able to afford to go to college, making it exclusive.  But a smart country makes tertiary education cheap, and encourages people to attend.  The fact that should disturb Americans more than any other, is that China has more Ph.D. students *than America has students*."}
{"_id": "63787", "title": "", "text": "Invest heavily in the healthcare industry?  Unless you think that prices and profits will be disconnected."}
{"_id": "63824", "title": "", "text": "This 'social contract' you speak of is rooted in theft. If you disagree with how taxes are spent, and do not participate in the tax system, then you will be stripped of your savings and property and will be sent to prison. It just seems like such a barbaric and archaic way to operate society to me.  And actually, many Americans *have* increasingly been renouncing their US citizenship and moving to other parts of the world. It's mostly because of increased business regulations and the endless War on Terror."}
{"_id": "63836", "title": "", "text": "\"&gt;A bee can live outside of the hive. If I destroy the hive, the bee survives.  No, it doesn't.  It dies within a day or so.  Go ask any beekeeper.  &gt;Name me one accomplishment that man, on his own, can do that would surpass what man, together, have done.  You miss the points I am making entirely (you have to let go of your dogmatic mindset -- I mean do you WANT a conversation here? Or just another typical Reddit \"\"pissing\"\" match?)  The social interaction of humans is a \"\"middle of the road\"\" thing, with ditches on both sides.  To little interaction &amp; interdependence (the \"\"ditch\"\" to one side of the road) and yes, humans lead only a bare minimal \"\"survival\"\" existence (but unlike bees, humans CAN survive).  Too much interdependence (the ditch on the opposite side) and human progress stagnates, and inevitably, invariably, the society implodes (Cf basically all of human history).  Libertarians are generally pulling towards the one ditch; Socialists want to pull everyone into the other ditch.\""}
{"_id": "63843", "title": "", "text": "As you can imagine, this company did not survive very long...  The business model for this type of software is normally based on subscription revenue, which is typically 70% of turnover. The company had subscription revenue of just 30% of turnover due to piss poor customer support, and it soon collapsed as the market was saturated, when there were no more gullible customers left.  The product still survives, but with just a handful of customers..."}
{"_id": "63844", "title": "", "text": "There is absolutely no logical reason why each nation does not own and control banking and thus the supply of money.  Any system including the financial system works exactly the same way, regardless of ownership.  Banking depends solely on the confidence of the customers/investors. Therefore when a sovereign nation/state has ownership of the banks, the profits are kept in-house, within the nation, which is actually a bonus, and taxes can be off-set by profits, which is another benefit.  Any improvement or benefit by the private ownership of banking is a total myth."}
{"_id": "63848", "title": "", "text": "The only way for a mutual fund to default is if it inflated the NAV. I.e.: it reports that its investments worth more than they really are. Then, in case of a run on the fund, it may end up defaulting since it won't have the money to redeem shares at the NAV it published. When does it happen? When the fund is mismanaged or is a scam. This happened, for example, to the fund Madoff was managing. This is generally a sign of a Ponzi scheme or embezzlement. How can you ensure the funds you invest in are not affected by this? You'll have to read the fund reports, check the independent auditors' reports and check for clues. Generally, this is the job of the SEC - that's what they do as regulators. But for smaller funds, and private (i.e.: not public) investment companies, SEC may not be posing too much regulations."}
{"_id": "63853", "title": "", "text": "The notion of 'most common' is an interesting one. US citizens have gotten heavier and many have gotten taller. There is more of an emphasis on physical fitness in the military now than in previous generations. Needless to say, the addition of women to the force has been significant in this regard. All of which suggests that in addition to gruehunter's apt comment below, a regular updating of what 'most common' means may lead one to conclude that what used to fit that description no longer does."}
{"_id": "63861", "title": "", "text": "Um, you're the one that said this:  &gt;Talking about politics like this is not mature.   If a business has no incentive, and furthermore has a disincentive to do something else they will do it.  It is a political statement, but it is very much related to business.  You might see it as somebody who is a jerk, greedy, selfish, but the fact is he knows his business better than you do. Which he has built over 40 years. If you think spite comes into it to where he would damage the business he has built over the last 4 years you don't know what you're talking about.   He said if he does not have an incentive to continue he won't. Or if the government deincentivizes a number of employees above a certain amount, he will have to make cuts (such as forced higher % contributions to medical insurance above 5,000 employees would incentivize him to cut from 6,500 to 4,999 employees)."}
{"_id": "63866", "title": "", "text": "Typically you can not buy gift cards with gift cards but in most stores this is a function built into the cash register, I find it hard to believe that targets system would not restrict it if it was in fact against their policy.  I worked for Home Depot for 5 years, they have a strict gift card/store credit policy that prevents such things from happening."}
{"_id": "63871", "title": "", "text": "\"What part of finance does he want to get into? Investments, Equities and trading, derivatives, finance as a whole, corporate finance? Most academic textbooks are ridiculously priced so if he is looking to learn technical skills he might have to look at splashing out or looking elsewhere...  Fundamentals of Corporate Finance 7th is a good one. Covers a lot of the core parts of finance which then extend to all the other areas of finance, starting at the basics of Time Value of Money (though it does gloss over some of the more complex parts). However, it is pretty expensive. This is an academic textbook.  On the non-technical side, there are a number of books with which he could get started. Benjamin Graham's \"\"The Intelligent Investor\"\" is a popular and affordable one, but it won't teach much about the technical side of finance.\""}
{"_id": "63882", "title": "", "text": "\"This question is predicated on the assumption that investors prefer dividends, as this depends on who you're speaking to.  Some investors prefer growth stocks (some which don't pay dividends), so in this case, we're covering the percent of investors who like dividend paying stocks. It depends on who you ask and it also depends on how self-aware they are because some people may give reasons that make little financial sense.  The two major benefits that I hear are fundamentally psychological: Dividends are like mini-paychecks.  Since people get a dopamine jolt from receiving a paycheck, I would predict the same holds true for receiving dividends.  More than likely, the brain feels a reward when getting dividends; even if the dividend stock performs lower than a growth stock for a decade, the experience of receiving dividends may feel more rewarding (plus, depending on the institution, they may get a report or see the tax information for the year, and that also feels good). Some value investors don't reinvest dividends, as they believe the price of the stock matters (stocks are either cheap or expensive and automatic reinvestment to these investors implies that the price of a stock doesn't matter), so dividends allow them to rebuild their cash after a buy.  They can either buy more shares, if the stock is cheap, or keep the cash if the stock is expensive.  Think about Warren Buffett here: he purchased $3 billion worth of shares of Wells Fargo at approximately $8-12 a share in 2009 (from my memory, as people were shocked that be bought into a bank when no one liked banks).  Consider how much money he makes from dividends off that purchase alone and if he were to currently believe Wells Fargo was overpriced, he could keep the cash and buy something else he believes is cheaper.  In these cases, dividends automatically build cash cushions post buying and many value investors believe that one should always have cash on hand. This second point is a little tricky because it can involve risk assessment: some investors believe that high dividend paying stocks, like MO, won't experience the huge declines of indexes like the SPY.  MO routed the SPY in 2009 (29% vs. 19%) and these investors believe that's because it's yield was too desired (it feels safer to them - the index side would argue \"\"but what happens in the long run?\"\").  The problem I have with this argument (which is frequent) is that it doesn't hold true for every high yield stock, though some high yield stocks do show strong resistance levels during bear markets.\""}
{"_id": "63883", "title": "", "text": "It's six of one a half dozen of another.   Investing the cash is a little more risky.  You know exactly what you'll get by paying down your mortgage.  If you have a solid emergency fund it's probably most advisable to pay down your mortgage.   If your mortgage is 3% and your investment makes 3.5% you're talking about a taxable gain of 0.5% on the additional cash.  Is that worth it to you? Sure, the S&P has been on a tear but remember, past results are not a guarantee of future performance."}
{"_id": "63892", "title": "", "text": "\"An answer from a psychological viewpoint: money does not have a linear value to people. If you have $10.000, losing one dollar doesn't really matter. Losing all $10.000 is more than 10.000 times as bad. As a simple example of a non-linear function, let's use the \"\"square root\"\" function. Let's say that having $100 is ten times as good as having $1, and having $10000 is ten times as good as having $100.  Now, this means that an insurance may have a negative expectation when expressed in dollars (since the insurance company is making a profit), but the expected value still can be positive. Let's assume the premium is $150 and there's a 1% chance it will pay $10.000. Clearly in dollars the expected loss is $50. But in the value to you (using that same square root function), the premium is just -0.75 (sqrt(9850)-sqrt(10000) and the expected payout is 1 (sqrt(10000)*1%).  Intuitive: you won't notice the premium, if you're rich enough that you don't need the insurance. But once you do need the insurance, you could now be so poor that you appreciate the payout. As a side effect - this also shows that you want an insurance with a fairly high deductible. If a $10.000 loss is a risk you can bear, then you don't need insurance for losses in the order of $100. And that's even ignoring the fact that such small payouts have relatively high administrative costs for insurance companies, which is why the premium discount for high deductibles can be disproportionally high.\""}
{"_id": "63908", "title": "", "text": "A graphic designer, strong spreadsheet skills, and knowledge about the cost-structure of your idea/business will be key to making a presentation work.   You must be able to show (with extreme confidence) what you will expect to post for revenues and profits for at least the first 3-5 years in the current lending environment... unless you are raising capital without using a bank or traditional methods."}
{"_id": "63909", "title": "", "text": "\"In the first situation you describe, any intelligent routing algo will send a 1000 lot order to the lit exchange in step 1. Then you get filled 1000@$10. After the fill occurs, the matching engine tells everyone what happened.   If the order book consists of 100 orders of 1 lot @ $10, and you place a \"\"buy 100 lots\"\" order, here is what happens:  1. The matching engine receives your order. 2. The matching engine matches your order against the 100 individual orders on the book. 3. The matching engine broadcasts 100 trade notifications.   No one has any opportunity to cancel their orders since they only hear of the fill after it happened.   The only way someone would have the opportunity to cancel is if there was 500 lots on one exchange and 500 on another. Then someone might observe a trade on exchange #1 and cancel their sell order on exchange #2 in response.\""}
{"_id": "63919", "title": "", "text": "\"I'm not a tax professional, but as I understand it, you are not expected to commute from San Francisco to Boston.  :) If your employer has not provided you with an external office, then yes, you have very likely met the \"\"convenience of the employer\"\" test. However, to take the home office deduction, there are many requirements that have to be met. You can read more at the Nolo article Can You Deduct Your Home Office When You're an Employee? (Thanks, keshlam) The home office deduction has many nuances and is enough of an IRS red flag that you would be well-advised to talk to an accountant about it.  You need to be able to show that it is exclusively and necessarily used for your job. Another thing to remember: as an employee, the home office deduction, if you take it, will be deducted on Schedule A, line 21 (unreimbursed employee expenses), among other Miscellaneous Deductions.  Deductions in this section need to exceed 2% of your adjusted gross income before you can start to deduct.  So it will not be worth it to pursue the deduction if your income is too high, or your housing expenses are too low, or your office is too small compared to the rest of your house, or you don't itemize deductions.\""}
{"_id": "63941", "title": "", "text": "Make sure that when you have the loan you still contribute enough to get the company match. For example:  An inability to maximize the match might need to be figured into the opportunity cost of the loan. Some companies will suspend your contributions for a specific number of months for a hardship withdraw.  Make sure you understand where the money comes from for the loan. Can you count the money that the company matched but you are not vested with, when determining the maximum amount of the loan?  If the money is in what is now a closed fund can you replenish the funds back into that fund if use it to fund the loan? Know what the repayment time period is of the loan."}
{"_id": "63971", "title": "", "text": "I'm not sure I understand your question. If the stock price is at an all-time high, everyone who owns the stock is 'in the money'. Of course, they won't actually realise a capital gain until they sell the stock. Similarly, if the stock becomes worthless (the company shuts down after declaring bankruptcy, etc.), everyone who owns the stock is out whatever they paid for the stock."}
{"_id": "63980", "title": "", "text": "To be honest, if you have to ask tips about taking over your family business, someone really dropped the ball on showing you the business in the first place.     Anyway, learn yourself some basic bookkeeping/accounting.  Money management/tax handling will be something you will need to know, even if you have staff to handle this for you.     Learn the specific product/service/whatever you offer.  Nothing can be worse than having no clue what your product/service does and you're running it.     Shadow the family member(s) that are running it now.  Find out what they do throughout their day involving the business.  Whoever your replacing is the one you should focus on most.     Also make sure you understand your branding, quality, and price measures.  Any basic business class will teach you that branding, quality, and price are the three factors of a business's success.  Where you fail in one, you take up in another.  For instance, Apple has horrible prices.  Extremely expensive.  How do they make it up?  Well, quality is about on par with other products (since they largely come from the same source as competitors), but the iPhone and iPod are well known brands (far more recognized than the smartphone and MP3 player that they are, instead called by the specific product name).  Same with Kleenex.  No one asks for a facial tissue.  They ask for a Kleenex.  That's strong branding that connects the consumer to the product.     Anyway, just make sure you know where your points fall on those three lines in your business.  Improve as you can, but understand where your main fall back is.  Best prices, quality, or most well known?          Lastly, don't doubt that you can do this.  Similarly, don't overcompensate.  Your friends will all ask for deals and discounts and you'd do best to deny them in most cases.  Family will always want a cut and will probably get nasty in some cases (mattering by how you're set up).  When dealing with employees, remember that they work for you:  You're not friends.  Nothing destroys a staff faster than the boss trying to be friends with everyone and ends up promoting the schmoozer.          Eh, not sure what else to toss out.  That covers a lot of bases, but I'm sure I can think of more later."}
{"_id": "63988", "title": "", "text": "\"My problem with this is that there's no \"\"one size fits all\"\" approach to eliminating poverty. These are very much middle-class values and I don't think imposing them on impoverished children is the right approach. And besides, poverty itself can be fluid. Most kids already in poverty are stuck in generational poverty, but there's also situational poverty that can affect anyone at any time. For kids in generational poverty, it's about survival. They don't plan ahead because they don't have the luxury to do that. It's day to day with them, with each day bringing a new challenge.   Do I know what we have to do to eliminate poverty? No, and I don't think anyone does. But I do think whatever approach we take should be multifaceted and take into account the environmental contexts that shape a person's life. This kind of lazy policymaking isn't gonna cut it\""}
{"_id": "64005", "title": "", "text": "Whether or not you use a real estate agent, at some stage most people use a lawyer to do the actual buying and selling and set up the agreements. If you've never dealt with a lawyer directly before it's probably because your agent has acted as a front-person for the lawyer. If you go to a lawyer and tell them what you want to do they will sort it out, and should tell you in advance how much it will cost. You and your friend will probably need one each."}
{"_id": "64017", "title": "", "text": "\"http://www.attaincapital.com/alternative-investment-education/managed-futures-newsletter/investment-research-analysis/423  http://www.cta-info.com/cta_stats.htm  I just googled \"\"managed futures stats\"\".    I'm not 100% sure what your goal is, but I wouldn't look to filter out trades.  You're better off grading returns and variance within the returns.  http://www.autumngold.com/  Poke around the \"\"top traders\"\" section and compare the returns with the drawdown of the traders.  You'll see the \"\"lucky\"\" traders, but you'll also see the high risk guys and low risk guys.\""}
{"_id": "64022", "title": "", "text": "I agree, but if that's *all* a person wants to discuss out of that story thats missing the forest for the trees.  Also for the record,  the $800 billion in 2007-2008 vs the larger muni bond market isn't actually a lie.  You simply had a problem that it referred to more than just the 2007-2008 time frame.    That's all.  And either way it isn't material to the larger story here which was the fraud.    Nobody got 'caught lying'."}
{"_id": "64025", "title": "", "text": "It takes about 4-5 workdays, maybe it depends on the day also when you start the transfer. I transferred an amount last Wednesday, and the same amount on Thursday too. Both transactions hit the destination account on the next Tuesday, with a difference of 2 minutes."}
{"_id": "64026", "title": "", "text": "Hm, surprised nobody has mentioned tech gadgets yet. I'm surprised how many undergrads run around with the latest iPhone, iPad, MacBook, of course all with unlimited data etc.  There's just no reason to drop $1500 on a laptop and to pay $50 a month for a cell phone plan."}
{"_id": "64030", "title": "", "text": "I use a bloomberg terminal daily, my biggest gripe is that 9 of 10 of the times you interact with the customer support they are utterly incompetent. I've heard them tell me their data team has gone home for the weekend far too many times at 12pm on a friday."}
{"_id": "64063", "title": "", "text": "La inmobiliarias cdmx Vender el legado rentable que su casa habla no es algo b\u00e1sico, espera que el tiempo para avanzar, a pesar de un material impreso imprescindible, que debe ser terminado con alerta. Sin embargo, una oficina inmobiliarias cdmx puede ahorrarle tiempo, y le dar\u00e1 seguridad de que la oferta de su casa es un intercambio protegido en cada una de las metodolog\u00edas que se requieren. Ofrecer una propiedad es un proceso moderado y complejo, as\u00ed que tener la ayuda de un profesional es profundamente sugerido."}
{"_id": "64077", "title": "", "text": "\"I typed out a long-ish answer, but I'm just going to direct you to [this study](http://www.farmdoc.illinois.edu/irwin/archive/papers/Farmers%20use%20of%20forward%20contracts.pdf) instead, which seems to summarize the available contracts quite well.  The biggest problem I see is infrastructure and credit risk. Say you have somebody with arable land who wants to start up a farming operation, as the financial institution how do you know this person can actually deliver the goods to a distributor? How do you know they won't just default on their payments? The lack of creditworthiness is a big problem in developing countries, and morseso many countries lack the proper legal institutions to enforce the contracts, further complicating the problem.  I think your idea is good, but I think widespread retail financing operations in developing countries need a lot of \"\"boots on the ground\"\", as it were, to ensure you know who you're lending to. Other alternatives are to just require a huge amount of collateral, but impoverished farmers by their definition probably won't be able to meet this requirement.\""}
{"_id": "64088", "title": "", "text": "Would that be the same retirement funding requirements that every business has to fulfill by law?  Oh right, they should be free to completely screw their retirement programs like CalPers and Illinois by under investing and assuming they will get 8% returns every year."}
{"_id": "64090", "title": "", "text": "If you have $10000 and wish to buy 1000 shares of a $10 stock, you risk borrowing on margin if you go over a bit. For some people, that's a non-issue. Some folk with an account worth say, $250K don't mind going over now and then or even let the margin account run $100K on a regular basis.  But your question is about market orders. A limit order above the market price will fast-fill at the market anyway. When I buy a stock, it's longer term usually. A dime on a $30 share price won't affect my buy decision, so market is ok for me."}
{"_id": "64103", "title": "", "text": "\"I took @littleadv 's recommendation that online apps only ask for citizenship due to post-9/11 legislation.  I applied to 2 banks in person (one big, one small), and at the dealership. None of my in-person applications ever touched on the issue of citizenship.  I even applied in person at the same bank that insta-rejected me online, and told them up front, \"\"I applied online but you rejected me because I'm not a permanent resident.\"\"  The banker nodded, said \"\"that shouldn't matter here\"\", and continued processing my application. I did find it very hard to get a loan.  I have a credit score in the \"\"excellent\"\" range, but have only 1 open credit card (for 5 years).  Apparently, most lenders want to see more open credit before writing an auto loan.  The big bank said outright \"\"We want to see 3-5 credit cards open\"\".  However, the dealership did find a bank willing to extend me a loan. So: The most reliable way for a non-permanent resident alien to get an auto loan in the US is to avoid online applications.  Also, if possible, establish a wide credit history before you try.\""}
{"_id": "64121", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://apnews.com/440dc0bb5b464b1dbd8aa7714f779c48) reduced by 89%. (I'm a bot) ***** &gt; NEW YORK - Martin Shkreli, the eccentric former pharmaceutical CEO notorious for a price-gouging scandal and for his snide &amp;quot;Pharma Bro&amp;quot; persona on social media, was convicted Friday on federal charges he deceived investors in a pair of failed hedge funds.  &gt; &amp;quot;There is an image issue that Martin and I are going to be discussing in the next few days,&amp;quot; he said, adding that while Shkreli was a brilliant mind, sometimes his &amp;quot;People skills&amp;quot; need work.  &gt; Shkreli&amp;#039;s lawyer agreed his client could be annoying but said his hedge fund investors knew what they were getting.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6rncn2/pharma_bro_shkreli_is_convicted_at_securities/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~183442 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Shkreli**^#1 **investors**^#2 **million**^#3 **case**^#4 **prosecutor**^#5\""}
{"_id": "64128", "title": "", "text": "I work in finance and have had a couple friends make the switch from engineering (or some other more technical field) to banking. People in finance like to glorify that what they do is special and takes a certain background/skill set, the truth is you learn things you need to on the job. Give yourself time and ask shitloads of questions. Your natural curiousity for markets and finance news is going to carry you forward - I've seen non finance people come into the sector and flail because they lack that."}
{"_id": "64130", "title": "", "text": "\"Even though the article doesn't actually use the word \"\"discount\"\", I think the corresponding word you are looking for is \"\"premium\"\". The words are used quite frequently even outside of the context of negative rates. In general, bonds are issued with coupons close to the prevailing level of interest rates, i.e. their price is close to par (100 dollar price). Suppose yields go up the next day, then the price moves inversely to yields, and that bond will now trade at a \"\"discount to par\"\" (less than 100 dollar price). And vice versa, if yields went down, prices go up, and the bond is now at a \"\"premium to par\"\" (greater than 100 dollar price)\""}
{"_id": "64138", "title": "", "text": "\"I would write them a check or give them cash money. There are payment receipt forms available online, you can print one of have them fill it out and sign it. Just google \"\"private party receipt\"\".  Money transfer (via bank account or Paypal) is also an option, but in my opinion it's more convenient to meet up and handle it in person. If you want, you can have them meet you at a notary public's office (your local bank branch should have one) and have the receipt notarized. I don't think it's a scam, but make sure you are paying the right person.\""}
{"_id": "64168", "title": "", "text": "Investing in the stock market early is a good thing.  However, it does have a learning curve, and that curve can, and eventually will, cost you. One basic rule in investing is that risk and reward are proportional.  The greater the reward, the higher the risk that you either (a) won't get the reward, or (b) lose your money instead.  Given that, don't invest money you can't afford to lose (you mentioned you're on a student budget). If you want to start with short but sercure investments, try finding a high-interest savings account or CD.  For example, the bank I use has an offer where the first $500 in your account gets ~6% interest - certainly not bad if you only put $500 in the account.  Unfortunately, most banks are offering a pittance for savings rates or CDs. If you're willing to take more risk, you could certainly put money into the stock market.  Before you do, I would recommend spending some time learning about how the stock market works, it's flows and ebbs, and how stock valuations work.  Don't buy a stock because you hear about it a lot; understand why that stock is being valued as such.  Also consider buying index funds (such as SPY) which is like a stock but tracks an entire index.  That way if a specific company suddenly drops, you won't be nearly as affected.  On the flip side, if only 1 company goes up, but the market goes down, you'll miss out.  But consider the odds of having picked that 1 company."}
{"_id": "64189", "title": "", "text": "Very few people's credit is worth $100,000. The average homeowner's credit (family of four with good to very good credit) is worth about $30,000. This is a pure business decision. The bank knew the law when they extended the mortgage to you, and part of the amount they're charging you goes to cover the risk that you might opt to walk away. The mortgage was an agreement between you and the bank and it specified the penalty for you walking away. Taking the agreed upon penalty for an action specifically contemplated in the agreement is also keeping the agreement."}
{"_id": "64204", "title": "", "text": "I live in an area where there are large distribution centers for a number of retailers fairly near each other. Wal-mart's hires a lot of young kids and completely inexperienced people. As soon as they get a little experience, they usually get to work trying to get on with one of the other DC's because they all pay more and offer better benefits. The thing is, there is always some young, inexperienced kid out there willing to work their tush off for a pitance and no benefits because the management is making sure they never get enough hours to 'earn' them. There's no impetus on Wal-Mart to make any effort to do better by their workers."}
{"_id": "64212", "title": "", "text": "what kind of grades did he have after graduating? because a decent (3.0ish definitely 3.5ish) gpa and middle of the road school gave a lot of people I know their pick of the litter when it came to consulting or analyst roles.  That on top of the fact that accountants are always in demand and if all else fails a feeder role for a bigger company as a call center tech also allows a potential career path.  That being all said, direct MBA is certainly an option, although it is more expensive up front and may or may not pay off after all is said and done.  I still plan on getting one due to a non finance schooling background, but I will probably wait 8 or so more years to figure out exactly what mba would help me the most"}
{"_id": "64213", "title": "", "text": "\"Take the case where a stock has just two owners, A and B, both at $10. One of them sells his shares to C, at $11.  Now B has made $1 in profit but is no longer an owner of the stock. A hasn't sold anything but his shares are worth 10% more due to the last traded price printed. C has bought shares at $11 and the price is $11, so technically he hasn't lost any money. In a larger market, there are winners and losers every day on a single stock, but they may not remain owners of a stock. There could be days in which those that remain owners are all winners - say when a stock goes up to an all time high and all those that are currently owners have an average buy price lower than the last traded price. And the reverse applies too.  It is of course more complicated. Say you own a stock and let someone else \"\"borrow\"\" it for a short-selling opportunity (he sells it in the market). For each uptick in price, you win, the short seller loses, and the guy he sold it to also wins. A person that has a covered call on a stock is not a winner beyond a point. And so on.\""}
{"_id": "64221", "title": "", "text": "Also, from personal experience, most banks' internal IT systems are bare minimum to keep working. Outside of trading systems the back office are often on Lotus Notes 99 or similar just because back office is seen as a cost and it's easy to justify not upgrading IT systems.  For sure, if the ROI is right it might get approved but it's hard to overstate how much time of your average back office employee is already spent fighting shitty systems that could be improved with today's tech."}
{"_id": "64222", "title": "", "text": "paar nu brandpunten bij De Haardhout Handelaar, hiermee krijgt u korting bij uw volgende aankoop. Er zijn vele manieren om brandpunten te sparen, hieronder volgt een overzicht van de werkwijze. Voor elke euro die u besteedt ontvangt u 2 brandpunten. 100 brandpunten zijn 1 euro waard. De gespaarde punten blijven 1 jaar geldig. Het enige wat u moet doen is een account aanmaken."}
{"_id": "64234", "title": "", "text": "They probably lose a ton of money from people making innocent mistakes, too. A few weeks ago I was was at the self checkout register at Target and swiped a $20 roast. I swear I heard it ding in my head,  even though it didn't actually scan, but luckily the employee was paying attention and asked me if I was going to pay for it. I felt like an asshole, but I'm glad she was there to say something so I know to pay more attention next time."}
{"_id": "64237", "title": "", "text": "All shares of the same class are considered equal. Each class of shares may have a different preference in order of repayment.  After all company liabilities have been paid off [including bank debt, wages owing, taxes outstanding, etc etc.], the remaining cash value in a company is distributed to the shareholders. In general, there are 2 types of shares: Preferred shares, and Common shares.  Preferred shares generally have 3 characteristics: (1) they get a stated dividend rate every year, sometimes regardless of company performance; (2) they get paid out first on liquidation; and (3) they can only receive their stated value on liquidation - that is, $1M of preferred shares will be redeemed for at most $1M on liquidation, assuming the corporation has at least that much cash left. Common Shares generally have 4 characteristics: (1) their dividends are not guaranteed (or may be based on a calculation relative to company performance), (2) they can vote for members of the Board of Directors who ultimately hire the CEO and make similar high level business decisions; (3) they get paid last on liquidation; and (4) they get all value remaining in the company once everyone else has been paid. So it is not the order of share subscription that matters, it is the class. Once you know how much each class gets, based on the terms listed in that share subscription, you simply divide the total class payout by number of shares, and pay that much for each share a person holds. For companies organized other-than as corporations, ie: partnerships, the calculation of who-gets-what will be both simpler and more complex. Simpler in that, generally speaking, a partnership interest cannot be of a different 'class', like shares can, meaning all partners are equal relative to the size of their partnership interest. More complex in that, if the initiation of the company was done in an informal way, it could easily become a legal fight as to who contributed what to the company."}
{"_id": "64246", "title": "", "text": "Is it difficult to ask the credit card issuer for two cards, even if the account belongs to one person? You can most definitely get two cards for one account. People do it all the time. You just have to add her on as an authorized user.  Would it be better for me to apply for the card on my own, or would there be an advantage to having her co-sign? It depends. If she co-signed, then that means she is also responsible for the credit card payments - which can help her credit score. If its is just you applying, then you are the only one responsible. If you don't want her lower credit score to impact what you could be approved for, then only you should apply. However, if you are the sole account holder, then you are responsible for the payments, which means, if in the event you guys break up and she maxes out the card before you cancel it, then you are on the hook for what she spend.  As for improving her credit score, I do know that some banks report to the credit bureaus for the authorized user as well, so that could help her out too."}
{"_id": "64257", "title": "", "text": "So the principle is true.  Assuming that you get paid bi-weekly, you end up getting three paychecks two months during the year.  Typically that is in January and July/August.  So if things were different, and your mortgage was setup so you paid half a monthly payment each paycheck, then you would wind up making one full extra payment per year.  Making that extra payment, most often, reduces the mortgage by 7 years on a 30 year note.   While true, many of these companies charge exorbitant fees for the right for you to do so, so the principal reduction is not commensurate with what you are paying.   You can simply do this yourself without paying fees.  On those extra pay days, pay half a payment to principal only, and no fee, no fuss.  This is pretty easy to do with most mortgage companies as they have online payments and it is just a matter of filling out a web form.  For me this does not even cost a stamp as they pull from my checking account at another bank."}
{"_id": "64263", "title": "", "text": "\"This is known as \"\"Zone Pricing\"\" or \"\"Geographical Pricing\"\". http://articles.latimes.com/2005/jun/19/business/fi-calprice19 Such price variations may seem odd, but they are not unique to Anaheim. On any given day, in any major U.S. city, a single brand of gasoline will sell for a wide range of prices even when the cost to make and deliver the fuel is the same. The primary culprit is zone pricing, a secret and pervasive oil company strategy to boost profits by charging dealers different amounts for fuel based on traffic volume, station amenities, nearby household incomes, the strength of competitors and other factors. It's a controversial strategy, but the courts have thus far deemed it legal, and the Federal Trade Commission recently said the effect on consumers was ambiguous because some customers got hurt by higher prices while others benefited from lower ones. http://en.wikipedia.org/wiki/Geographical_pricing Zone pricing, as practiced in the gasoline industry in the United States, is the pricing of gasoline based on a complex and secret weighting of factors, such as the number of competing stations, number of vehicles, average traffic flow, population density, and geographic characteristics. This can result in two branded gas stations only a few miles apart selling gasoline at a price differential of as much as $0.50 per gallon. But the short answer is \"\"because they can\"\". It's legal, provided that some people are paying less while others are paying more. Essentially the larger, richer audience is subsidizing the product for other areas. It's not terribly different than the way most drugs are priced in the world.\""}
{"_id": "64267", "title": "", "text": "The fact that you are planning to sell the property does not make paying down the mortgage a bad idea. Reducing the principal immediately reduces the amount of interest you are paying every month. Run the numbers to see how much money that actually saves you over the time you expect to hold the loan."}
{"_id": "64277", "title": "", "text": "Since we all agree that only engineers contribute to society, I propose that the government replace the high school curriculum with the four years of instruction needed to obtain a bachelors degree in Engineering. Once society is only engineers, we will all have above average incomes and we won't have to suffer the existence of our moral and intellectual inferiors."}
{"_id": "64279", "title": "", "text": "Is this legal?  If the purpose of the sale at that price is to defraud somebody else, you could have a legal issue. For example if the purpose was to make yourself appear poorer to make you eligible for government aid; Or to increase your chances of getting a college grant; or to not have to pay money to your spouse as part of a divorce settlement; or if there is an unwritten part of the transaction for the sibling to sell the house back to in a few years when you no longer need to appear poor.  The answer by @littleadv covers the tax complications.  I do have one additional point. The sale can't be a short sale. The bank will never approve. The short sale can only be approved when the bank is convinced that there are no viable purchasers at a level to get all their money back. Your sibling is not an arms length transaction."}
{"_id": "64285", "title": "", "text": "This was an interesting little article, thanks for sharing it.  However I'm a bit perplexed by part of the analysis.    The authors give some fairly substantial hints that the value they are providing is *not* the standard deviation, but most of the respondents miss these hints.  The answers for the annualized rate also suggest that many of the respondents knew how to compute this, given the standard deviation.  The authors then go on to say that basically all of the respondents gave the correct mathematical definition of the standard deviation.  Then they go on to say that,  &gt; Whatever reason there was for their error, it did not result from ignorance of the concept.  But this strikes me as both disingenuous and incorrect.  On the contrary the most likely explanation would seem to be that most of them were not aware of the concept of 'mean absolute deviation', probably because they had either never learned it, or never had occasion to apply it.  I agree that people - even highly trained people - tend to be very bad at intuiting probability - just look up the Monty Hall Problem for a primer on that.  But I strongly disagree with the notion that this paper provides any evidence of this tendency, as there seems to be a much stronger case for ignorance.  This alternative is further supported by the authors' assertion that,  &gt; debriefings with respondents revealed that they rarely had an immediate understanding of the error when it was pointed out to them.  again, suggesting ignorance as the most - not least - likely culprit.  I also found it odd that they asked the respondents specifically about the standard deviation definition, but not about the mean absolute deviation, despite the fact that the latter is almost certainly more obscure.  To that last bit, I just went through the textbooks I have on hand, and this concept is not mentioned in either of the undergraduate statistics/probability textbooks I own, nor in the one undergraduate finance textbook I have.  I'm in machine learning and compsci, not finance, but it is mentioned in just one of the four graduate-level texts I have on applied statistics and probability - once on one page in a textbook on Bayesian statistics.  And the wikipedia page is terrible.  In short, while this is an interesting little experiment and write-up, I think the analysis and conclusions are inappropriate and not supported by the evidence the authors provide.  That doesn't mean that their conclusions are incorrect, just that I disagree with the notion that this paper corroborates them.  ...This response ended up being way long..."}
{"_id": "64290", "title": "", "text": "Quite an interesting communication concept. I wonder if this opens the floodgates so to speak, and inhibits work production.   Imagine Having to field unlimited additional emails from people outside of your own dept who perhaps don't know/understand how your dept operates/functions.   I wonder do they find themselves answering non stop elementary questions, and, also having to field the negative Nancy's (no offense to anyone named Nancy haha) who just want to complain.   I also wonder, once you get past the flood gate stage, could this be highly effective.   Cool topic nonetheless"}
{"_id": "64293", "title": "", "text": "In the related Should I have separate savings accounts for various savings goals? I discovered the open source Budgeter courtesy of Richard Donkin. Budgeter accomplishes my aim with a minimum of fuss, and I have found it to be quite usable despite the author's self deprecating comments to the contrary. The chart below was built in about 10 minutes, half the time it's taken to write this post. Budgeter doesn't feature handy abilities like CSV/OFX importing or scheduled transactions, which would mean a fair bit of work for bringing in historical data, and it's expressly not designed for accounting or bookkeeping. However for the focussed application of tracking savings across multiple bucket categories and accounts I think it well worth evaluating."}
{"_id": "64306", "title": "", "text": "&gt;as opposed to an organization with its own prerogatives  Do you think USADA just appeared out of thin air and started banning athletes for doping on a whim?   In order to comply with the World Anti-Doping Code and Olympic regulations, the U.S. Congress recognized USADA as the agency in the U.S. that would handle testing, adjudication, and punishment of U.S. athletes in any sport (including Olympic athletes) that is a signatory to those Codes.  Since being given that duty by Congress in 2001, USADA has policed these sports, and has punished hundreds of athletes  - 99% of whom you've never heard of.  That anybody would now criticize them for doing their job is simply a reflection of Armstrong's long-time strategy of publicly smearing, legally attacking , and even physically threatening anybody who has dared raise or follow up on the widely-known rumors of his rule-breaking.  And in the end, it is not the rule-breaking itself, but the revelations of the sociopathic behavior he has engaged in to try to keep the lid on his secret that has ruined his reputation and brand."}
{"_id": "64309", "title": "", "text": "Spent another couple hours of my life troubleshooting the slow performance waking/starting Windows 8.1last week.  Go on google, find a non-MSDN forum for suggestions on how to proceed - the usual drill. How many more years must I do this?"}
{"_id": "64341", "title": "", "text": "Bojack Horseman, Mindhunter, Big Mouth, Beasts of no Nation, The Crown, Unbreakable Kimmy Schmidt, Stranger Things, Master of None, Peaky Blinders, Bloodline, Narcos, Love, Easy...  I'm sorry, man, but you're just wrong. There's a ton of awesome Netflix original content."}
{"_id": "64363", "title": "", "text": "&gt;When, in fact, they treat the lump sum as a lottery ticket and blew through it rather than measured investment and proper money management/budgeting.  This is sad, but many of these people probably have no experience with a huge responsibility like this. Ford needs to have some serious mandated financial training classes set aside for those that take the lump sum."}
{"_id": "64364", "title": "", "text": "\"Not the OP, and personally I loved the Aptera design. But every time I tried to discuss it online, the Aptera fans were drowned out by people who wanted an EV that looked like a \"\"real car\"\" and not a \"\"sperm on wheels\"\".\""}
{"_id": "64375", "title": "", "text": "AT&amp;T is making a credible push towards competition IMO. They're rolling out 1Gbps FTTH service in several markets, and they've got a fairly large footprint in Austin already, well ahead of Google Fiber lighting up its first customer here.  $70 for gigabit Internet, $120 for Internet and TV just like Google. Service is solid too \u2013 I regularly see over 900 Mbps both directions. Here's where they're building: http://www.att.com/att/gigapowercities/mobile/"}
{"_id": "64391", "title": "", "text": "Yep - but plan when you approach your employer. Demonstrate to him/her that you are effective in what you do, tell them how much time this takes you in the working week and therefore how much capacity you have. Be very clear to them about what additional experience you would like (within what is feasible, of course) and suggest avenues through which you could be used more effectively. Don't approach your employer with a problem. Approach them with an opportunity. Book a 20min meeting with them. Given them a summary document at the meeting if you think it would help. Don't be scared to tell them, informally, that you are bored - but also hint that you need more intellectual stimulation."}
{"_id": "64400", "title": "", "text": "Whenever you put less than 20% down, you are usually required to pay private mortgage insurance (PMI) to protect the lender in case you default on your loan.  You pay this until you reach 20% equity in your home.  Check out an amortization calculator to see how long that would take you.  Most schedules have you paying more interest at the start of your loan and less principal.  PMI gets you nothing - no interest or principal paid - it's throwing money away in a very real sense (more in this answer).  Still, if you want to do it, make sure to add PMI to the cost per month. It is also possible to get two mortgages, one for your 20% down payment and one for the 80%, and avoid PMI.  Lenders are fairly cautious about doing that right now given the housing crash, but you may be able to find one who will let you do the two mortgages.  This will raise your monthly payment in its own way, of course. Also remember to factor in the costs of home ownership into your calculations.  Check the county or city website to figure out the property tax on that home, divide by twelve, and add that number to your payment.  Estimate your homeowners insurance (of course you get to drop renters insurance, so make sure to calculate that on the renting side of the costs) and divide the yearly cost by 12 and add that in.  Most importantly, add 1-2% of the value of the house yearly for maintenance and repair costs to your budget.  All those costs are going to eat away at your 3-400 a little bit.  So you've got to save about $70 a month towards repairs, etc. for the case of every 10-50 years when you need a new roof and so on. Many experts suggest having the maintenance money in savings on top of your emergency fund from day one of ownership in case your water heater suddenly dies or your roof starts leaking.  Make sure you've also estimated closing costs on this house, or that the seller will pay your costs.  Otherwise you loose part of that from your down payment or other savings. Once you add up all those numbers you can figure out if buying is a good proposition.  With the plan to stay put for five years, it sounds like it truly might be.  I'm not arguing against it, just laying out all the factors for you. The NYT Rent Versus Buy calculator lays out most of these items in terms of renting or buying, and might help you make that decision. EDIT: As Tim noted in the comments below, real monthly cost should take into account deductions from mortgage interest and property tax paid.  This calculator can help you figure that out.  This question will be one to watch for answers on how to calculate cost and return on home buying, with the answer by mbhunter being an important qualification"}
{"_id": "64410", "title": "", "text": "If you have been a good steward of your friend's money this suggestion will not be too difficult. Pay your friend what his money would have earned in the S&P 500 if you had just invested it in an index fund. Subtract 15% for long-term capital gains. You can use the ticker SPY to see what the price was on the day he gave you the money, versus the price today. If you had helped your friend open an account for himself, you would have given him more than the returns on his money, you would have helped educate him on how to invest for himself."}
{"_id": "64440", "title": "", "text": "Other options would be to use paypal, your tenant would only need your e-mail address. Most banks have a similar system to do a person-to-person transfers. My bank uses an e-mail address and only the last 4 digits of the account number."}
{"_id": "64442", "title": "", "text": "&gt; Man am I sick of seeing Texas at the top of every economic and job ranking list. I'm in Texas, and if you're not a computer scientist in Austin or a petroleum engineer in Houston/Midland, good fucking luck finding a job that pays more than $10 an hour.  Replace Texas with California and Austin with SF Bay Area and you have the same argument but different state."}
{"_id": "64453", "title": "", "text": "I'd be concerned about using CDs (or other non-liquid source) for your emergency fund because you become likely to use debt instead of tapping your emergency fund because you are worried about penalties (which typically only affect interest). This mind set can make you loan the bank money at 1-2% (buy a cd) and borrow money from the bank at 18-25% (credit card). Don't create psychological barriers to using your emergency fund in a true emergency Also, you recommend 3-8 months of expenses.  The purpose of an emergency fund is to cover both a loss of income for 3-8 months, or a one time large expense (new roof, new sewer pipe to the house, etc.).   A tiered solution solves the loss of income solution, but does not readily address the need for a one time, large emergency.  I'd keep all of your emergency fund liquid."}
{"_id": "64456", "title": "", "text": "1) How does owning a home fit into my financial portfolio? Most seem to agree that at best it is a hedge against rent or dollar inflation, and at worst it should be viewed as a liability, and has no place alongside other real investments. Periods of high inflation are generally accompanied with high(er) interest rates. Any home is a liability, as has been pointed out in other answers; it costs money to live in, it costs money to keep in good shape, and it offers you no return unless you sell it for more than you have paid for it in total (in fact, as long as you have an outstanding mortgage, it actually costs you money to own, even when not considering things like property taxes, utilities etc.). The only way to make a home an investment is to rent it out for more than it costs you in total to own, but then you can't live in it instead. 2) How should one view payments on a home mortgage? How are they similar or different to investing in low-risk low-reward investments? Like JoeTaxpayer said in a comment, paying off your mortgage should be considered the same as putting money into a certificate of deposit with a term and return equivalent to your mortgage interest cost (adjusting for tax effects). What is important to remember about paying off a mortgage, besides the simple and not so unimportant fact that it lowers your financial risk over time, is that over time it improves your cash flow. If interest rates don't change (unlikely), then as long as you keep paying the interest vigilantly but don't pay down the principal (assuming that the bank is happy with such an arrangement), your monthly cost remains the same and will do so in perpetuity. You currently have a cash flow that enables you to pay down the principal on the loan, and are putting some fairly significant amount of money towards that end. Now, suppose that you were to lose your job, which means a significant cut in the household income. If this cut means that you can't afford paying down the mortgage at the same rate as before, you can always call the bank and tell them to stop the extra payments until you get your ducks back in the proverbial row. It's also possible, with a long history of paying on time and a loan significantly smaller than what the house would bring in in a sale, that you could renegotiate the loan with an extended term, which depending on the exact terms may lower your monthly cost further. If the size of the loan is largely the same as or perhaps even exceeds the market value of the house, the bank would be a lot more unlikely to cooperate in such a scenario. It's also a good idea to at the very least aim to be free of debt by the time you retire. Even if one assumes that the pension systems will be the same by then as they are now (some don't, but that's a completely different question), you are likely to see a significant cut in cash flow on retirement day. Any fixed expenses which cannot easily be cut if needed are going to become a lot more of a liability when you are actually at least in part living off your savings rather than contributing to them. The earlier you get the mortgage paid off, the earlier you will have the freedom to put into other forms of savings the money which is now going not just to principal but to interest as well. What is important to consider is that paying off a mortgage is a very illiquid form of savings; on the other hand, money in stocks, bonds, various mutual funds, and savings accounts, tends to be highly liquid. It is always a good idea to have some savings in easily accessible form, some of it in very low-risk investments such as a simple interest-bearing savings account or government bonds (despite their low rate of return) before you start to aggressively pay down loans, because (particularly when you own a home) you never know when something might come up that ends up costing a fair chunk of money."}
{"_id": "64459", "title": "", "text": "You can also roll money from prior 401ks into current 401ks. Call the administrator of the 401k you prefer (i.e., Fidelity/Schwab, whoever the financial institution is). Explain you don't work there anymore and ask if you can roll money into it. Some plans allow this and some don't. So either, 1) You  can roll all your prior 401ks into your current 401k. 2) You might be able to roll all prior 401ks into the prior 401k of your choice if they will accept contributions after you've left. You can't move the amount in your current employer's 401k until you separate or hit a certain age. 3) Like mentioned above, you can roll all prior 401ks into an IRA at any financial institution that will let you set up an IRA. Process: -Call the financial institutions you want to move the money from. Tell them you want a direct rollover. Have them write the check to the financial institution you are rolling into with your name mentioned but not the beneficiary (i.e., check written to Schwab FBO: John Doe account #12345) Tax implications: -If you are rolling from a pre-tax 401k to a pre-tax 401k or IRA, and the money goes directly from institution to institution, you are not liable for taxes. You can also roll from a Roth type (already taxed) account into another Roth type account with no tax implications. If they write a check to YOU and you don't put the money in an IRA or 401k within 60 days you will pay ~20% tax and a 10% early withdrawal penalty. That's why it's best to transfer from institution to institution. 401k vs IRA: -This is a personal decision. You could move all your prior 401ks into an IRA you set up for yourself. Generally the limitations of a 401k are the lack of funds to invest in that fit your retirement strategy, or high expense ratios. Be sure to investigate the fees you would pay for trades in an IRA (401k are almost always free) and the expense ratio for funds in your 401k vs funds you might invest in at a broker for your IRA. Best of both: -You can roll all your 401ks into a single 401k and still set up an IRA or Roth IRA (if your income qualifies) that you can contribute to separately. This could give you flexibility in fund choices if your 401k fees tend to be cheaper while keeping the bulk of your nest egg in low cost mutual funds through an employer account. Last advice: Even if you don't like the options in your current 401k, make sure you are contributing at least enough to get any employer match."}
{"_id": "64482", "title": "", "text": "Well, a bombastic statement like 'capitalism is killing the planet' implies, for me, that the system has more than faults -- it is an utter failure and beyond any redeeming value. That's where I disagree. I'm not saying it is without fault.  The goal of government is to patch over the fundamental problems with capitalism, particularly regulating free markets. You need to prevent externalities, and there are no bigger externalities than the future of the planet and the future of energy consumption. These are naturally tied together, and they should absolutely be regulated in the favor of humanity's future.  It's a fallacy to say that capitalism is bad because it cannot thrive without government intervention because that option is not on the table. There is no option of 'not having a government'. At least, we don't consider any of them to be good options."}
{"_id": "64500", "title": "", "text": "Growth via M&amp;A. Death by diabetes.  Although great for short-term, don't really see this combo (pun intended) being any good. Both seriously lack healthy food options and unless they change, they will continue to lose customers.  But on another note, Chicken Fries are back!"}
{"_id": "64518", "title": "", "text": "\"This is what my payroll department had to say: \"\"It\u2019s a percentage of employer tax the company is accruing for.  It does not affect your net.\"\" Definition of \"\"Accrue\"\": (of sums of money or benefits) be received by someone in regular or increasing amounts over time. So it is just the employer tax my company is paying based on my salary.\""}
{"_id": "64530", "title": "", "text": "Show me the data.  If you\u2019re going to make a claim.  Back up your assertion.  How the fuck do you know that the Chinese are clamoring to come here more now with Trump.  Trump is a racist and the whole world knows it.  That impacts people perceptions of America.  That impacts their decision to come here.  As far as I\u2019m concerned the jury is still out on China, because we don\u2019t have any data.  But we have data for India and many other countries.  I showed you the data for India.  Indians have a worse view of the U.S. under Trump.  Along with Koreans and Japanese as well as most Europeans (Russians being the notable exception).   You trumptards are ruining America.  Congratulations you wanted a white America that means fewer brilliant minorities coming here.  That\u2019s what you assholes voted for."}
{"_id": "64541", "title": "", "text": "Obviously China whispered to NK to chill. But the tweetmaster had been bullhorning about China being the control in that area of the world and not being active in that role while also sending the fleet. And it finally happened, after the UN tightened their trade down. So thats actually 3 things. UN action, China co-operation, NK standdown."}
{"_id": "64547", "title": "", "text": "A federal or state regulator has ordered that the RDFI cannot participate in the ACH network, or the RDFI's participation has been limited in some capacity.  You need to contact the RDFI for more details...ask for their ACH operations group.  The RDFI is the institution receiving the ACH transaction.  It could be either the debit side or credit side.  It is not the institution originating the ACH transaction, which is the ODFI. The entire RDFI institution might be restricted for an extremely poor audit, or rampant suspect money laundering or terrorist funding. Specific accounts at the RDFI might be limited for a variety of reasons, including freezing the account for suspicious activity (money laundering or terrorist funding), court order for impending legal proceedings, IRS levies for nonpayment of taxes, or perhaps child support delinquency.  I am making an educated guess on the reasons."}
{"_id": "64554", "title": "", "text": "Who depends on you?   I personally wasn't insured until I had a family.  Of course I had the required insurance policies like auto, but no health until I was 29 and had a kid who needed me.  Now I have health, dental, vision, life, auto, homeowners and renter's insurance. I can't let an accident or disaster affect my baby's future."}
{"_id": "64556", "title": "", "text": "If you're a sole proprietor there's no reason to have a separate business account, as long as you keep adequate records, as you are one and the same for tax purposes. My husband and I already have 5 accounts and a mortgage with one bank. I don't see the need to open up yet another account.  As a contracted accountant, I don't need to write business checks, and my expenses are minimal. As long as I have an present my assumed business name certificate and ID, there's no reason for a bank not to deposit into my personal account."}
{"_id": "64564", "title": "", "text": "\"Of course for some exotics you're need to have a way to price and value them.   I agree Models will not save us from a crisis as most people whom use either lack a good understanding of the assumptions or simply choose to disregard them, the push for a Number even when that Number is wrong is one of those things that bothers me about the risk management field. Sometimes there is a point where we need to say quite fundamentally, \"\"I don't know\"\".\""}
{"_id": "64578", "title": "", "text": "\"You don't want to set up your investment account as a savings or spending (budget) account.  There are a couple of reasons.  First, investment account balances change daily based on the market.  If you set it up as a budget account, then your budget category balances would need to have money added or removed from them daily as the market value changes.  Second, because you are investing for retirement, this money will be untouchable for many years; there is no need to include that in your spending budget. Instead, enter your monthly investment amount as an expense transaction (not a transfer to another budget account).  If, for example, you are sending $400 per month to your retirement account, just enter that as a monthly $400 expense out of your checking account, assigning it to a Retirement category.  That money then leaves your budget. If you want to see the value of your investment account in YNAB (so that your Net Worth is accurate), add the account as an investment account.  The value will not affect your budget categories, but it will affect the net worth on the \"\"All Accounts\"\" page.  Either set it up as an online account so that the balance will update automatically, or add it as a manual account and simply update the balance manually when you get your monthly statement.\""}
{"_id": "64583", "title": "", "text": "If you are looking for efficient services for limestone floor stain removals, then just get in touch with an experienced company. Such companies make use of the safest, abrasive-free, chemical and mechanical treatments to restore your surface."}
{"_id": "64588", "title": "", "text": "Not much past primary school, if I recall my last Googling of research.  You hear a lot about the virtues of small class sizes from teachers and their unions of course.  I know I'd rather have my kid in a 50 student class taught by a first rate lecturer than in a 10 student class taught by someone half as good."}
{"_id": "64591", "title": "", "text": "Let the companies that need the workers pay for them.  Further subsidizing their industries will just drive up the cost of education for anyone not in those preferred disciplines.  The margins in software development are large enough to justify massively higher salaries."}
{"_id": "64597", "title": "", "text": "My mention of Lego being expensive is in my personal experience of sets as I grew up, where what were seemingly similar sets appeared to skyrocket in price over a matter of years.  Another point of reference for me is the fact that 'retro' collectors Lego is supposedly still of lesser value than modern sets, making it almost a reverse collector's item, if you're into that kind of vintage collectable unboxed lark."}
{"_id": "64598", "title": "", "text": "When in doubt, you should always seek the advice of a professional tax preparer or your accountant. (Many agents/accountants will gladly review your tax preparations to ensure you haven't missed something. That's quicker and cheaper than paying them to do it all.) Having said that... This Illinois resource has detailed information about S-corps:  Of relevance to your situation:"}
{"_id": "64613", "title": "", "text": "Headwinds in an economic situation represent events or conditions e.g. a credit crisis, rising costs, natural disasters, etc, that slow down the growth of an economy. So headwinds are negative. Tailwinds are the opposite and help to increase growth of an economy."}
{"_id": "64614", "title": "", "text": "make assume should be make assumptions*. I feel like there are other reasons that the 5% in year 2 could have cost less than the 5% in year 1 besides a falling stock price (this is what I'm trying to figure out).   In your opinion, how do you think the investment is performing."}
{"_id": "64629", "title": "", "text": "No, I'm simply saying that there must be some things that no majority is allowed to do, such as throw someone in jail without due process, or outlaw the practice of a minority religion, or seize property without trial.  I'm referring to restrictions like those enumerated in the bill of rights.l, which everyone is supposed to abide by.  That's what makes a republic different, and better than a democracy."}
{"_id": "64634", "title": "", "text": "Yes, the larger number of ETFs will have a greater chance of enhancing the effect you observe. It's beyond a simple discussion, but the bottom line is that by carving out the different market segments your rebalancing will have greater impact."}
{"_id": "64636", "title": "", "text": "\"The only thing I do not like about USPS is how so many customers complain complain and complain endlessly.  \"\"line is too long\"\"  \"\"why are costs going up\"\" blah blah blah.  if you dont fucking like USPS go over to FEDEX and pay 3 times more assholes.  fucking people just wanna fucking complain complain complain!\""}
{"_id": "64666", "title": "", "text": "Other than being reduced to clear as others have suggested quite a few get sold to large motor stores. You can often go in and find last years model with around delivery mileage at a very knocked down rate because most people would prefer the latest model direct from the dealer. Doing this allows dealers to clear old stock incredibly quickly so they can promote the newest model exclusively."}
{"_id": "64672", "title": "", "text": "\"Income code 09 is dividends, so yes - it is the same as line 1 of the US form 1099-DIV. 1a or 1b however depends on whether the requirements for qualified dividends are met. If they're met - its 1b, if not - 1a. These are treated and taxed differently. See here on what are the qualification requirements. Note that Canada has a tax treaty with the US making Canadian corporations \"\"qualified foreign corporations\"\".\""}
{"_id": "64697", "title": "", "text": "Also hilarious will be the exacerbation of wealth inequality and social strife due to the idea that high marginal tax rates are detrimental to overall prosperity. Because, you know, jobs only come from the super rich due to their outsized intelligence and virtue. Leadership and money are one.  I love this country for how easy it is to manipulate people! Boundless opportunities to take your money, created every minute."}
{"_id": "64698", "title": "", "text": "You, like DailyFail, don't understand why mentioning market cap and then comparing nothing more than current share prices is nonsense.   That's without getting into the many ways the person you quoted and the foundation of his economic opinions are ridiculous."}
{"_id": "64718", "title": "", "text": "Evaluating the value of currencies is always difficult because you are usually at the mercy of a central bank that can print new currency on a whim. I am trying to diversify my currency holdings but it is difficult to open foreign bank accounts without actually being in the foreign country.  Any ideas here? You don't indicate which currencies you own but I would stick with your diversified portfolio of currencies and add some physical assets as a hedge against the fiat currencies."}
{"_id": "64727", "title": "", "text": "\"That's true; if they could demonstrate that it's damaging to Twitter's growth, they would likely be able to have an impact though it's not clear why they would need to take a stake in that case.  Companies are also a bit loathe to follow investor suggestions on principle -- as a CEO, the last thing you want is to be micromanaged by investors on every decision so going along would be a bad precedent.  I imagine a straight-up social campaign, without the investor angle, would almost be more likely to succeed.  I don't have a great sense for what the value of Trump's account is -- I just know it has a large positive value as I described and a large negative value as you described and I'm not sure of what the sum is but it's definitely not a \"\"low\"\" demand -- the value is probably a large number with an unknown sign :)  What I do know is that reports about Trump's tweets led my parents to ask me \"\"what is this tweet thing?\"\" and I imagine for a lot of people of their generation, the news coverage was their first introduction to Twitter.\""}
{"_id": "64752", "title": "", "text": "The second choice is a normal payment, just made early. This guards you against forgetting to make the payment later and incurring late payment fees -- which in this kind of loan are added to the balance and themselves accrue compounded interest. The first option is an extra payment, applied entirely to the principal. That lets you avoid years of accrued interest on that portion of the loan, and reduces the loan's actual cost. I think the extra payment is a better investment."}
{"_id": "64758", "title": "", "text": "\"You should NEVER have to pay a fee to find out what has happened to a transaction in progress. You might sometimes have to pay for duplicate copies of a statement or similar, but not just to find out what is going on. It sounds like you are being scammed - your \"\"friend\"\" tells you they have transferred you money (but they have not done anything in reality), then they give you a \"\"customer care number\"\" to call and try to get you to pay them money in order to find out what has happened to the (non-existent) transaction. If you think this is plausibly what is happening - for example, if you google the company who is supposedly doing the transfer and find that they do not exist, or that the number you have been given is not really their customer care line - then you should cease all contact with your \"\"friend\"\" and pass all communications to your local law enforcement.\""}
{"_id": "64760", "title": "", "text": "\"&gt; see stock market responses to rumors without any changing fundamentals   Were at all time highs for all of our stock market averages. So from your point of thinking, everyone is very pro America, trusts us and we are not regressing to \"\"developed nation\"\" status.   Thanks for proving the sub is a joke.\""}
{"_id": "64769", "title": "", "text": "Not in the slightest.  The issue is however the same one.  We've created new industries to replace the ones lost - in many cases 1:1 because advancing technology simply displaced jobs or made them higher on the education/pay scale.  Likewise in a lot of cases rather than reduce employment overall we saw increased productivity.  That is good for everyone since a rising tide lifts all ships.  The issue however is one of stability.  When you get a shock to the system (2008, 1932 etc) then the whole thing falls apart.  Last time it took spending on a scale undreamed of (WWII) along with a number of important factors to break the downward spiral.  I'm wondering what's going to break this one.  Last time there were plenty of mid-skill high pay jobs (manufacturing) to reboot the economy.  This time most of those jobs are gone - having been replaced either by automation or sent overseas to cheaper labor markets.  Now once the rest of the planet catches up or if fuel starts to go into the stratosphere again then we'll see a lot of those jobs come back (as some already have).  I don't think we'll see as many as we had in the past.  The service market is far more susceptible to shocks than manufacturing however just as a sales tax is far more susceptible to shocks than an income tax.  Drawing all of that together though if you take it out to its logical conclusion when we hit full automation and even fast food is run by machines... what are people going to do for employment?"}
{"_id": "64794", "title": "", "text": "I think this question has more to do with the business model of cinema. If I remember correctly. Most of the money from ticket sales goes back to the studios. Something like the newer a movie is the greater percentage goes back to the movie studios and the older a movie is the greater percentage of ticket price goes to the cinema. So high priced popcorn and candy is often the only place where the individual theaters make any money. This may not be true for every movie but I believe it was the case for films like  James Cameron's Avatar."}
{"_id": "64798", "title": "", "text": "I have a good idea I know what your product is, the problem you're running into is by the time you're marketing to these guys they're way too integrated with their current solution, the only reason they're talking with others for quotes on replacements is to have leverage to negotiate with the contractor they were always going to use."}
{"_id": "64805", "title": "", "text": "Fuck here in Europe (Vienna) people hardly even heard of teleworking... I would so love to telecommute twice a week, it would feel a lot less like working. What is a good excuse for this? Married without kids at the moment, living not too far (subway)."}
{"_id": "64841", "title": "", "text": "Nope you talk about oligarchy, not socialism. Socialism is the opposite of this. I'm not saying that socialism is a feasible idea that would make the world better, but it's wrong to give something the wrong name just to dissociate it from capitalism  edit: Socialists dislike crony capitalism because in their opinion it's the result of any capitalist system, in order to sustain the system (and screw over the middle class). Capitalists dislike it because it goes against free market."}
{"_id": "64853", "title": "", "text": "Oh that's a good idea. Thank you. I also reached out to another guy that I know owns a talent hiring website and we'll see what he has to say. Thanks again man, this is the kind of stuff I come to Reddit for. Better than Google sometimes :-)"}
{"_id": "64855", "title": "", "text": "I'm saying that the auto loan thing is worth a few million dollars to a multi billion dollar profit company. It's not a lot of money, and they'll pay a shitload of money in damages to cover it, way more than they ever made off it.  It's disturbing, for sure, but it's not significant to their business."}
{"_id": "64868", "title": "", "text": "Its one of the main points.  Transfer pricing includes discretionary decisions and is part of BEPS.  Its also completely unnecessary:  Pay taxes on revenue in country earned/sold.  Get tax credits/refunds in country were spending is made.  The reason why already profitable companies consider BEPS/tax arbitrage for HQ locations is because they get discretionary power over accounting profit allocation.  Tax policy should serve the society though, and this proposal encourages the spending that benefits society.  Its the usual case that the right answer is different than that being lobbied for."}
{"_id": "64881", "title": "", "text": "There are a whole host of types of filings. Some of them are only relevant to companies that are publicly traded, and other types are general to just registered corps in general. ... and many more: http://reportstream.io/explore/has-form Overall, reading SEC filings is hard, and for some, the explanations of those filings is worth paying for. Source: I  am currently trying to build a product that solves this problem."}
{"_id": "64882", "title": "", "text": "that is crazy, i mean there is nothing wrong with being loyal with your company/firm but getting a tattoo of the company logo on your body is a bit over the top haha bet your coworkers we're robotic in their movement as well."}
{"_id": "64887", "title": "", "text": "The particular Virginia improve the look of refinance is certainly one the most effective options for all those those who have Virtual assistant financial loans on his or her homes. These kind of Veterans administration remortgage assists them gain a large amount of rewards that could ease the load of coughing up up the financial products they've taken on their properties. The Virtual assistant financial products as opposed to some other mortgage loans don't require any complicated processes just like house appraisal to find out the present appreciated of your ex house or any other processes just like looking at if the man or woman satisfies the financing conditions or any other treatments. These loans help it become extremely comfy for on support men to obtain their house refinanced which has a far better rate of interest."}
{"_id": "64896", "title": "", "text": "KI understand that. So make them not poor. We are in a post masse population control era. Elites can dilute the means of information but net results of a massive informed populous is pushback.  The 1900s showed that incremental changes in living standards along with tehnological introduction keeps the populous fat/happy which is all anyone wants. This stopped in the mid 70s, standards of living relied almost exclusively on tech innovation to increase. Financially, anyone not in control  is the same as they were since then, adjusted for inflation.   Its almost laughable how easily the American, or ANY consumer market for that matter wants to be satisfied. Any company fighting tooth and nail to try to stall the eventual money an employee would spend with ian increased wage is alienating customers. Plain and simple. The rich dont by More, they by more expensive. Sure per unit they add more to the economy, but there input is spread over specialized and specified craftsmen, not large market producers. Less jobs, less infrastructure and logsticis, less revenue entering the system.   Opening dollar store customers to biglots and winco, for example, would open the possibility of so many more purhases of larger brand, and large employeeing, products.   Fatten your cows, you lazy capitalists, otherwise the milk will get thinner with each year."}
{"_id": "64899", "title": "", "text": "I have been a business owner for over 10 years.  One of my most useful experiences was working for a small business when I was your age.  Do the free online courses, start your own small side business, work for a real small business and suck everything up that you can."}
{"_id": "64904", "title": "", "text": "Don't remember the exact details but I recall watching in class a video about a Chinese company that had (at least at some point) had a refrigerator manufacturing plant on the East Coast (Virginia?) because the skilled labor was indeed cheaper than China."}
{"_id": "64918", "title": "", "text": "\"I think this is a point that most tech geeks miss when they start yelling \"\"Luddite.\"\" Before I even graduated, the stuff I learned in lower division was outdated. A year out, and much of what I was taught is outdated.  They are trying to automate news stories now and paralegal work. I wouldn't be surprised if there are projects out there to computer generate works of art. Not only is the rate growing faster than can be kept up with, but there are few places left that can't be automated.\""}
{"_id": "64943", "title": "", "text": "This seemed very unrealistic, I mean who would do that? But to my immense surprise the market price increased to 5.50$ in the following week! Why is that? This is strange. It seems that people mistakenly [?] believe that the company should be at 5.5 and currently available cheap. This looks like irrational behaviour. Most of the past 6 months the said stock in range bound to 4.5 to 5. The last time it hit around 5.5 was Feb. So this is definitely strange. If the company had set a price of 6.00$ in the rights offering, would the price have increased to 6$? Obviously the company thinks that their shares are worth that much but why did the market suddenly agree? Possibly yes, possible no. It can be answered. More often the rights issue are priced at slight discount to market price. Why did this happen? Obviously management thinks that the company is worth that much, but why did the market simply believe this statement without any additional information? I don't see any other information; if the new shares had some special privileges [in terms of voting rights, dividends, etc] then yes. However the announcements says the rights issues is for common shares."}
{"_id": "64955", "title": "", "text": "Even regardless of what's used to make the batteries, as soon as they are in use, and unless they are failing at an exponential rate, the offset of carbon begins as soon as you drive it instead of a gasoline powered vehicle.  Gasoline transport and storage is IMMENSELY more energy and carbon pollution intensive than pure electric generation.  It's like full on industry propaganda to argue otherwise. It's the same vein as Fox News watchers that still believe Obama was a muslim or born in Kenya, because they trust(ed) a voice on tv. Marketing and PR versus rational consideration and open research."}
{"_id": "64961", "title": "", "text": "It's great that you have gotten the itch to learn about the stock market.  There are a couple of fundamentals to understand first though. Company A has strong, growing, net earnings and minimal debt, it's trading for $100 per share.  Company B has good revenue but high costs of goods and total liabilities well in excess of total assets, it's trading for $0.10 per share.  There is no benefit to getting 10,000 shares or 10 shares for your $1,000.  Your goal is to invest in companies that have valuable products and services run by competent management teams.  Sure, the number of shares you own will dictate what percentage of the company you own, and in a number of cases, your voting power.  But even a penny stock will have a market capitalization of several million dollars so voting power isn't really a concern for your $1,000 investment.   There is a lot more in the three basic financial statements (Income Statement, Balance Sheet, Statement of Cash Flows) than revenue.  Seasoned accountants can have a hard time parsing out where money is coming from and where it's going. In general there are obvious red flags, like a fast declining cash balance against a fast growing liabilities balance or expenses exceeding revenue.  While some of these things are common among new and high growth companies, it's not the place for a new investor with a small bankroll. A micro-cap company (penny stocks are in this group) will receive rounds of financing via issuing preferred convertible shares which may include options on more shares.  For a company worth $20mm a $5mm financing round can materially change the finances of a company, and will likely dilute your holdings in common stock.  Small growth companies need new financing frequently to fund their growth strategies. Revenue went up, great... why?  Did you open another store?  Did you open another sales office?  Did the revenue increase this quarter based on substantially the same operation that existed last quarter or have you increased the capacity of your operation?  If you increased the capacity of your operation what was the cost of the increase and did revenue increase as expected?  Can you expect revenue to continue to grow at this rate or was it a one time windfall from an unusual order? Sure, there are spectacular gains to be had in penny stocks.  XYZ Pharma Research (or whatever) goes from $0.05 to $0.60 and you've turned your $1,000 in to $12,000.  This is a really unlikely event...  Buying penny stocks is akin to buying lottery tickets.  Unless you are a high ranking employee at the company capable of making decisions, or one of the investors buying the preferred shares mentioned in point 3, or are one of the insiders of a pump and dump scam on the stock, penny common stocks are not a place to invest.  One could argue that even a company insider should probably avoid buying common stock. Just to illustrate the points above, you mention: Doing some really heavy research into this stock has made me question the whole penny stock market. Based on your research what is the enterprise value of the company? What were the gross proceeds of the last financing round, how many shares were issued and were there any warrants attached? What do you perceive to be heavy research?  What background do you have in finance/accounting to give weight to your ability to perform such research? Crawl. Walk. Then run. Don't kid yourself in to thinking that since you have some level of education you understand the contracts involved in enterprise finance."}
{"_id": "64962", "title": "", "text": "You bring up good points, but the balance of power works both ways.   Investment Banks need ratings in order to push through with fixed income issuance. If rating agencies refuse to rate a product (and it has happened, I know we are shocked!), investors will be far less likely to participate and will demand substantially higher rates of return."}
{"_id": "64984", "title": "", "text": "We invest heavily in skills and we expect you to contribute to our goal of becoming West Palm Beach, FL best advisory company. Within business consulting, it means that you have basic knowledge in all three main areas, business management, business development, NQ consulting and financial management, as well as developing deeper skills in one or more areas. We work with individual development plans and you have the opportunity to greatly influence your future work situation and role in the market."}
{"_id": "65006", "title": "", "text": "There are quite a few options. Suggest you put a mix of things and begin investing into Mutual Funds."}
{"_id": "65034", "title": "", "text": "\"I know a guy on a much higher rate than me, about \u00a3500 per day, and he   claims to pay around 18% tax which has me bewildered Your acquaintance may be using a tax efficient, or \"\"marketed avoidance\"\" product identical or similar to those required to be registered or declared under DOTAS legislation in the UK. If this is the case then no, your accountant is not doing anything wrong - the 18% \"\"tax\"\" probably involves a radially different remuneration mechanism to the one you are using.\""}
{"_id": "65040", "title": "", "text": "As the owner of the S-corp, it is far easier for you to move money in/out of the company as contributions and distributions rather than making loans to the company. Loans require interest payments, 1099-INT forms, and have tax consequences, whereas the distributions don't need to be reported because you pay taxes on net profits regardless of whether the money was distributed. If you were paid interest, disregard this answer. I don't know if or how you could re-categorize the loan once there's a 1099-INT involved. If no interest was ever paid, you just need to account for it properly: If the company didn't pay you any interest and never issued you a 1099-INT form (i.e. you wrote a check to the company, no promissory note, no tax forms, no payments, no interest, etc.) then you can categorize that money as a capital contribution. You can likewise take that money back out of the company as a capital distribution and neither of these events are taxable nor do they need to be reported to the IRS. In Quickbooks, create the following Equity accounts -- one for each shareholder making capital contributions and distributions: When putting money into the company, deposit into your corporate bank account and use the Capital Contribution equity account. When taking money out of the company, write yourself a check and use the Distributions account. At the end of every tax year, you can close out your Contributions and Distributions to Retained Earnings by making a general journal entry. For example, debit retained earnings and credit distributions on Dec 31 every year to zero-out the distributions account. For contributions, do the reverse and credit retained earnings. There are other ways of recording these transactions -- for example I think some people just use a Member Capital equity account instead of separate accounts for contributions and distributions -- and QB might warn you about posting journal entries to the special Retained Earnings account at the end of the year. In any case, this is how my CPA set up my books and it's been working well enough for many years. Still, never a bad idea to get a second opinion from your CPA. Be sure to pay yourself a reasonable salary, you can't get out of payroll taxes and just distribute profits -- that's a big red flag that can trigger an audit. If you're simply distributing back the money you already put into the company, that should be fine."}
{"_id": "65043", "title": "", "text": "I'm sorry, I know that it's not your fault but you really need to think about what you're saying and stop listening to the financial advisors on tv...   If you think that all you need to do is give people money to spend then you need to read up on Zimbabwe. They tried that - at it's hight they *think* that Zim's inflation hit 6.5 x 10^108 % ([that's 6.5 quindecillion novemdecillion percent](http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe)). I can't even begin to imagine how large that is - basically bread cost billions of zim dollars a loaf. I remember hearing the one day that they were dropping 3 zeros from their notes. I'm ashamed to say that I laughed.  No one is buying right now because, instead of buying stuff, everyone is paying back loans - or they're too scared to buy in case they need the cash to survive in the future. Look at the liquidity crisis; the housing bubble; all the bank failing/needing to be bailed out lately - all because people couldn't pay back the loans they took out.  The US government is already $15 trillion in debt (nearly 16 trillion now) - and that's only the public debt. The gov is already paying $454 billion every year *just to repay the **interest** on the debt!* Never mind actually paying back the principle amount. Last year it added another $1.2 trillion to the deficit (that's another 1,200,000,000 dollars that it owes on top of the 15,000,000,000 dollars it already owes). At the beginning of this year, public debt amounted to 102% of GDP - that means that if everyone in America didn't buy what ever it was that they bought last year and instead repaid the public debt (not private mind you, just the debts that the government owed) then they *still* wouldn't have been able to pay it all off.   Now after reading all of that, please keep a straight face and tell me that all that the government needs to spend even more money to sort it all out."}
{"_id": "65046", "title": "", "text": "Go back to the dealership and leave the car there. Call your local news. They love these stories. After the news is out if they still won't give you your money back and void the contract then call the police. This is illegal and the business has violated the law.   Another option is to go to the police first. After the police report then hire a lawyer to sue the dealership. Then call the local news. This method may take longer, but it will have the biggest impact."}
{"_id": "65048", "title": "", "text": "two USDA whistleblowers spoke about the product, which they called \u201cpink slime.\u201d Despite concerns they had about the product being sold and labeled as meat, they said supervisors had overruled them. In his opening statement Monday, ABC\u2019s attorney, Dane Butswinkas, claimed that the supervisors\u2019 lack of action was due to intense lobbying pressure, noting that JoAnn Smith, the USDA assistant secretary for Marketing and Inspection Services at the time, eventually went to work for BPI\u2019s main supplier."}
{"_id": "65058", "title": "", "text": "US corporate tax rates are extremely low- some of the lowest in the developed world.  These inversions are a demonstration of how polarization/gridlock in Congress is practically as good for the rich as when their favored party has control. You don't need to be able to buy all of Congress, just enough so that they can't effectively regulate the economy and plug up these legal holes."}
{"_id": "65095", "title": "", "text": "As an individual freelancer, you would need to maintain a book of accounts. This should show all the income you are getting, and should also list all the payments incurred. This can not only include the payments to other professionals, but also any hardware purchased, phone bills, any travel and entertainment bills directly related to the service you are offering.  Once you arrive at a net profit figure, you would need to file this as your income.  Consult a tax professional and he can help with how to keep the records of income and expenses. i.e. You would need to create invoices for payments, use checks or online transfers for most payments, segregate the accounts, one account used for this professional stuff, and another for your personal stuff, etc. In a normal course the Income Tax Department does not ask for these records, however whenever your tax returns get scrutinized on a random basis, they would ask for all the relevant documentations."}
{"_id": "65120", "title": "", "text": "Because in the case for 100/101, if you wanted to placed a limit buy order at top of the bid list you would place it at 101 and get filled straight away. If placing a limit buy order at the top of 91 (for 90/98) you would not get filled but just be placed at the top of the list. You might get filled at a lower price if an ask comes in matching your bid, however you might never get filled. In regards to market orders, with the 100/101 being more liquid, if your market order is larger than the orders at 101, then the remainder of your order should still get filled at only a slightly higher price. In regards to market orders with the 90/98, being less liquid, it is likely that only part of your order gets filled, and any remained either doesn't get filled or gets filled at a much higher price."}
{"_id": "65121", "title": "", "text": "\"If it were me, I would pay off the 23%er.  That is as long as you don't borrow anymore.  Please consider \"\"your hair on fire\"\" and get that 26%er paid off as soon as possible.   From my calculations your big CC is sitting at 26% has a balance of 20K.  Holy cow girl, what in the world?  The goal here is to have that paid off in less than one year.  Get another job, work more than you have in your life.   Others may disagree as it is more efficient to pay down the 26%er.  However, if you pay it all of within the year the difference only comes to $260.  If you gain momentum, which is important in changing your financial life, that $260 will be meaningless.  With focus, intensity, and momentum you can get this mess cleaned up sooner than you think. However, if you are going to continue to rack up credit card debt at these rates, it does not matter what you do.\""}
{"_id": "65134", "title": "", "text": "But if underlying goes to 103 at expiration, both the call and the put   expire worthless If the stock closes at 103 on expiration, the 105 put is worth $2, not worthless."}
{"_id": "65137", "title": "", "text": "\"Congratulations, you are in great shape financially at a very young age.  Great income, nice equity in a home, and mostly debt free.   It seems like you are looking at taking out a loan of 400K, and to do so you will have to put your own home at risk as you do not have the 80K cash for a down payment.  Correct?  It also looks like after 2.1K per year without regard to taxes, maintenance, bad tenants, or vacancies.  As such this will likely be a negative cash flow situation.  I would say you should plan on a 912/month cost.  Are you okay with that?  While your income can probably cover this, no problem, is that your objective to have this property have a negative return for the next 10-15 years or so? For me, this is a no.  Way too much risk for a negative cash flow. It is hard to talk to the upside as you did not give any profit predictions and I am unsure of the market.   Why would you risk jeopardizing your great financial situation with a \"\"hail mary\"\" attempt to make money?  Slow down, you will get there.  Save for a few years so there is no need to tap your home's equity to make a down payment.  It would really bother me to owe 600K on a 121K salary (75K+20K+26K).\""}
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{"_id": "65147", "title": "", "text": "At any given time there are buy orders and there are sell orders.  Typically there is a little bit of space between the lowest sell order and the highest buy order, this is known as the bid/ask spread.  As an example say person A will sell for $10.10 but person B will only buy at $10.00.  If you have a billion shares outstanding just the space between the bid and ask prices represents $100,000,000 of market cap. Now imagine that the CEO is in the news related to some embezzlement investigation.  A number of buyers cancel their orders.  Now the highest buy order is $7.  There isn't money involved, that's just the highest offer to buy at the time; but that's a drop from $10 to $7.  That's a change in market cap of $3,000,000,000.  Some seller thinks the stock will continue to fall, and some buyer thinks the stock has reached a fair enterprise value at $7 billion ($7 per share).  Whether or not the seller lost money depends on where the seller bought the stock.  Maybe they bought when it was an IPO for $1.  Even at $7 they made $6 per share. Value is changing, not money.  Though it would be fun, there's no money bonfire at the NYSE."}
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{"_id": "65179", "title": "", "text": "\"As others have said: unless you can find someone willing to make a zero-interest loan, the answer is no.  If you can figure out how to turn a \"\"0% for first N months\"\" credit card offer onto a leveraged investment or something of that sort -- seems unlikely -- maybe.\""}
{"_id": "65180", "title": "", "text": "You're off to a great start. Here are the steps I would take: 1.) Pay off any high-interest debt. 2.) Keep six to twelve months in a highly liquid emergency fund. If the banks aren't safe, also consider having one or two months of cash or cash-equivalents on the premises. 3.) Rent a larger apartment, if possible, until you've saved more. The cost of the land and construction will consume a very large portion of your net worth. Given the historical political instability in that region, mentioned by the previous comments,  I would hesitate to put such a large percentage of your wealth in to real estate.  4.) Get a brokerage account that's insured and well known. If you're willing to take the five percent hit to move assets offshore, then consider Vanguard. I'm not sure if they'll give you an account but they're generally acknowledged as an amazing broker in the US with low fees and amazing funds. Five percent (12,500) is worth it in my opinion. As you accumulate more wealth, you can stop moving cash overseas and keep a larger mix domestically.  5.) Invest in your business and yourself even more.  As far as finding new investment opportunities, I would go through the list of all the typical major asset classes and consider the pros and cons: fixed-income, stocks, currencies, real estate / REITs, own a small business, commodities etc.,"}
{"_id": "65208", "title": "", "text": "\"If by \"\"can we trust the analyst recommendations\"\" you mean \"\"are they right 100% of the time\"\" the answer is absolutely no.  Analysts are human and make mistakes, some more than others.  There are many stories of \"\"superstar managers\"\" that make killings for several straight years, then have a few bad years and lose it all back. However, don't take \"\"you can't trust them\"\" to mean that they are nefarious in some way. While there may be some that recommend stocks for selfish purposes, I suspect that the vast majority are just going off what information they have, and can't predict market behavior or future performance with perfect accuracy.  Look at many analysts' recommendations.  Do your own analysis. If you're still not comfortable buying individual stocks, then don't buy them.  Buy index funds if you are satisfied with market returns, or other mutual funds if you want to invest in specific sectors.  Or at the very least make sure you are sufficiently diversified so that you don't lose your entire investment by one bad decision.  One rule of thumb is to not have more than 10% of your entire portfolio in any one company.\""}
{"_id": "65227", "title": "", "text": "It depends on the bank and network. Banks are to provide outgoing data at the certain time for the processing by the central clearing house (the Federal Reserve system, for ACH), which then distributes incoming data back to the banks. All this has to be done between the closing of the business day and the opening of the next one. If the transaction hasn't completed the full path during that time - it will wait at the position it was stuck at until the next cycle - next night. That's why sometimes ACH transactions take more than 1 day to complete (if, for example, multiple Fed banks have to be involved)."}
{"_id": "65235", "title": "", "text": "Stephen's answer is the 100% correct one made with the common Economics assumption, that people are rational. A company that never has paid dividends, is still worth something to people because of its potential to start paying dividends later and it is often better to grow now and payoff later. However, the actual answer is much more disapointing, because people are not rational and the stock market is no longer about investing in companies or earning dividends. Most of the value of a stock is for the same reason that gold, stamps, coins and bitcoins, and Australian houses are worth anything, that is, because enough people say it is worth something*. Even stocks that pay dividends, very few people buy it for dividends. They buy it because they believe someone else will be willing to buy it for slightly more, shortly after. Different traders have different timeframes, ranging from seconds to months. *Houses and stock are of course partially valuable due to the fundamentals, but the major reason they are purchased is just to resell at a profit."}
{"_id": "65245", "title": "", "text": "Technology improves exponentially. The more we learn, the faster we learn more. Also, the higher the skills bar to employment rises. Most professions in the sciences already require a PhD to enter.    So as a society, we really are dropping the ball on educating people if we want to maintain even a fairly modest level of employment."}
{"_id": "65257", "title": "", "text": "That's the point though.  They are allowing themselves to be *led*, in the first place, to the decision to do something with their capital that they don't understand.  While I don't condone how these Wall St. people behave with peoples money (hence why I don't put any of my money into it), I also cant sympathize with the people who lose money to Wall St. because they were too lazy to be informed about what was going on with their money and to act in their own best interest.  I am guessing (pure speculation) that a lot of the problem with the financial industry could've been avoided if people were proactive about their money and only made investments that they were personally knowledgeable about."}
{"_id": "65274", "title": "", "text": "The answer is 7-fold:   BOTTOM LINES: Bubble; bursting bubble; Great Depression; Victory in WWII; All work and no play makes Jack (& Jill) very dull persons."}
{"_id": "65284", "title": "", "text": "It sounds good on paper, the problem is licensing fees paid to foreign subsidiaries for IP and trademark use.  That's how Apple makes 80% of it's revenue in the US and still makes 80% of it's profit in Ireland.  If the US doesn't take foreign income into account, every multinational would offshore their profits the same way.  Many do it now, and the loop hole isn't as big as people are advocating for."}
{"_id": "65290", "title": "", "text": "I wish I saved some permalinks for how many times I've said it was one giant Pump 'n Dump for all the owners.  If I had any ownership in Facebook, I would have liquidated everything I had on IPO day and never looked back.  I'm surprised Zuckerberg didn't do the same (insofar as he's able to)."}
{"_id": "65295", "title": "", "text": "The owner of a long futures contract does not receive dividends, hence this is a disadvantage compared to owning the underlying stock. If the dividend is increased, and the future price would not change, there is an arbitrage possibility. For the sake of simplicity, assume that the stock suddenly starts paying a dividend, and that the risk free rate is zero (so interest does not play a role). One can expect that the future price is (rougly) equal to the stock price before the dividend announcment. If the future price would not change, an investor could buy the stock, and short a futures contract on the stock. At expiration he has to deliver the stock for the price set in the contract, which is under the assumptions here equal to the price he bought the stock for. But because he owned the stock, he receives the announced dividend. Hence he can make a risk-free profit consisting of the divivends. If interest do play a role, the argument is similar."}
{"_id": "65306", "title": "", "text": "And you have first hand knowledge of this? I doubt it.  You saying that people will continue to behave the same when the rewards diminish for innovation shows that you support using brilliant people, and consider them less intelligent that you. Go out and invent something and come back with an opinion after that."}
{"_id": "65308", "title": "", "text": "Blue Apron is not a cookbook nor a restaurant.  As soon as you get a grip on the cooking techniques and the flavour/ingredients combinations, then you just go to the grocery store and buy your own I ingredients for a fraction of the cost.  It's a terrible business model."}
{"_id": "65313", "title": "", "text": "\"Let's face it: most people pay more in insurance premiums than they \"\"get back\"\" in claims.  I put \"\"get back\"\" in quotes because, with very few exceptions, the money paid out in claims does not go to the insured, but to others, such as doctors and hospitals.  But even if you ignore the question who does the money actually go to, it's a losing proposition for most people. The exceptions are those who have a major loss, greater than what they put in over the years.  But never forget: these are exceptions.  The return on your money, on the average, is only a little better than playing the lottery. The usual counter-argument to the above is, but what if you are one of the exceptions?  I for one refuse to let my life be dictated by worries of unlikely events that might happen.  If you're the sort who obsesses on what could (but probably won't) happen, then maybe you should have insurance.  Just don't tell me I need to do the same. When I lived in California, they had a program where you could deposit $25,000 with the State, and then you could drive, legally, without insurance.  I did this for a while, didn't have any accidents, and exited the system (when I moved out of state) a few years later with more money (interest) than I put in.  You don't accomplish that with insurance. But let's get back to rich people.  Unless you get into an accident with you at fault and the other guy needing a head transplant as a result (joke), you could probably absorb the cost of an accident without blinking an eye.  Those in the upper-middle-class might do well with high-deductible insurance that only pays out if there's an extreme accident. Then again if you have to borrow to buy something expensive (making monthly payments), they will usually demand you buy insurance with it.  This is a way for the lender to protect himself at your expense, and if you refuse, good luck getting a loan somewhere else. I hate the idea of insurance so much I would make an act of insurance punishable by law.\""}
{"_id": "65319", "title": "", "text": "\"EDIT: TLDR I Can promise you they will lose sight again because it was never regained in the first place. They aren't the first company to do it [and it wont be the last time.](https://www.youtube.com/watch?v=5ypUz1WYens)   The company I work for (Office Depot) is doing this practice. We have insane goals that no one can reach, and often more daily responsibilities than an individual can finish. When anyone tries to speak up against it at any level the reply is \"\"we dont want excuses\"\" or \"\"dont be negative\"\". Completely ignoring any issues presented to them. Instead rather than problem solving those who bring issues to light are treated as having created the problem.  We (the company) [got in trouble a while back for our \"\"PC Tune Up\"\"](https://www.youtube.com/watch?v=6cEfYibkHjM) because the tool didn't accurately portray the condition of a customers system. If you ran the tool it would ask \"\"do you have x or y symptoms (pop ups, slow, etc)\"\" and if you selected yes it would tell you that it found possible infection symptoms. It didn't make it clear that the scan didn't detect this. They then paired this with techs that weren't trained in any way other than selling using the tools diagnosis and unrealistic sales goals. When you couldn't reach numbers you were eventually replaced. If the store didn't reach numbers it came down on management (who would fake numbers by returning items and reselling them as service sku's). Every tech I knew complained about the awful diagnostic tool, and the unrealistic goals and what they were causing. Many of us refused to use the tool on the grounds of it being misleading and immoral, depot responded by requiring a minimum amount of logged uses of the tool per week. Depot did nothing but treat it as negativity until it was brought up in the news after a disgruntled tech let the word out. Then suddenly it's \"\"were sorry\"\" acting like they had no idea what was going on and  the roll out of a new tool that simply had a remote technician give the same diagnostic. (which has since changed again). We still have the same push for sales goals and attach rate (push for office, service, and square trade sales) and zero accountability. They train no one, create goals, and act surprised when they figure out how people are meeting these goals.  Nothing has actually changed in a relevant way, the same core problem still exists they've only changed the face.  These issues are prevalent in the company as we have minimal payroll for staffing at all times and high expectations with poor tools across the board. I've watched many people get fired for not meeting goal expectations and many more quit. I've watched the people who could meet the goals praised only to be fired a short time later when it's found they only met the goal through cheating of some sort.   Every single strategy corporate tries has still followed this same format of over promise and under deliver. They pile more on while cutting resources constantly and they still haven't learned the lesson that the result is the same every time regardless of game plan. The best part is the higher ups all switch out every 3 - 6 months it seems. I've had at least 4 District managers in the short time i've been here, multiple RVP's and LP's. Everyone comes in for 6 months then jumps ship to somewhere more stable. Meanwhile we cut costs to appear more profitable.   The whole retail side of the company is a sham.\""}
{"_id": "65344", "title": "", "text": "The reason people buy earthquake insurance is not because normal insurance goes straight to the lender (it does not) but because oftentimes earthquake damage is not covered under normal homeowner's insurance. Natural disasters are often not covered under regular insurance. This is why people buy flood insurance. If your pipes burst and flood your house, your home owner's insurance will typically cover. If the local river floods and floods your house, oftentimes insurance will not cover. This is why a lot of state/federal agencies have separate pools of insurance. All earthquake insurance in California is technically through the state agency, though you may go through your homeowner provider to get it. I pay $200 a year for mine, I wouldn't say it's very expensive. My concern is not a giant earthquake that destroys my house. My concern is a large earthquake that might cause cracks in my slab or structural damage that my regular insurance is in no way obligated to cover but I need to fix. I think if you live in an earthquake prone area it's as reasonable as getting flood insurance if you live in an area known to flood."}
{"_id": "65348", "title": "", "text": "I think that's a bad way to look at it. What if the price of that asset never fails below that value again? Do you just never buy?  I think a better way to operate is to do your due diligence, and if the asset you're looking at holds value for you at its current price, then jump in. Otherwise - look somewhere else."}
{"_id": "65382", "title": "", "text": "Getting older isn\u2019t something people like to think about, let alone talk about it. For many, aging is scary and full of unknown. Utah retirement community (Summerfield ) is here to bring a positive light to your aging. Our Utah retirement community is all about maintaining independence and not giving it up. Recognizing the good things that come with staying in Utah retirement living community will help make the transition easier. Know more about us here: http://summerfieldinfo.com/"}
{"_id": "65397", "title": "", "text": "As someone that works in tech for a living, these items have completely changed the game for people with disabilities. These automated setups used to be thousands upon thousands of dollars with cables running everywhere, and now they can do the same things wirelessly for just a couple hundred dollars."}
{"_id": "65401", "title": "", "text": "I stock is only worth what someone will pay for it.  If you want to sell it you will get market price which is the bid."}
{"_id": "65404", "title": "", "text": "Just have the associate sign the back and then deposit it.  It's called a third party cheque and is perfectly legal.  I wouldn't be surprised if it has a longer hold period and, as always, you don't get the money if the cheque doesn't clear. Now, you may have problems if it's a large amount or you're not very well known at the bank.  In that case you can have the associate go to the bank and endorse it in front of the teller with some ID.  You don't even technically have to be there.  Anybody can deposit money to your account if they have the account number. He could also just deposit it in his account and write a cheque to the business."}
{"_id": "65405", "title": "", "text": "This is far more important than Facebook shares. Models for games like theirs can easily be changed to find new revenue streams. Heck, if they wanted they could up and move to Google+ and still make money. Or start a traditional game app factory."}
{"_id": "65407", "title": "", "text": "\"While the other answers try to quantify the value of health care the question you ask is about employee vs contractor. The delta between those regarding benefits goes way beyond health care. In fact because almost every full time employee must have health care offered by their employer the option of  \"\"you can have X with healthcare, or Y with no healthcare\"\" is no longer an option. I have seen situations in the last few years where employees who had no need for healthcare coverage (retired military) were offered additional vacation days to compensate for their lower cost to the employer. For employee vs contractor what is different isn't just healthcare. It also includes holidays, vacation days, sick days, employer portion of social security, education benefits, and 401k. Insurance benefits include not just healthcare but also dental, vision, short term and long term disability, and life insurance. The rule of thumb to cover all these benefits that are lost when you are a contractor is an amount equal to your income. Of course some of these benefits  depend on single vs married and kids or not. But unless the rate they are paying the contractors is approaching twice the rate they are paying employees the contractor will be hard pressed to cover the missing benefits.\""}
{"_id": "65418", "title": "", "text": "Unprintable, yes, it's a scam. Nobody will ever have any legitimate reason to run money through your account. Period."}
{"_id": "65432", "title": "", "text": "If they don't spoil, you can still get some marginal benefit if buying in bulk means you avoid the need for a trip to the shops to get a replacement. If the item is a commodity that you will use eventually you are unlikely to lose out as the prices tend to remain fairly stable. There's also the inconvenience factor, I like to have plenty of some items so I'm not caught short, consider how important your furnace is in mid winter, or the inconvenience of running out of an item right when you need it."}
{"_id": "65448", "title": "", "text": "\"I get that people can be friends but I don't think my bosses boss even liked him much. I just think his boss is conflict avoidant. His boss had to lay off one their direct reports and they came in my office and were pacing back and forth saying things like \"\"I hope she doesn't hate me.\"\"\""}
{"_id": "65458", "title": "", "text": "&gt;We should expect the courts to be less corruptible because their proceedings take place in public,      Why would we expect that? Reality doesn't really suggest that. You also completely ignore how money can (without actually corrupting the court) 'win' you a case.  Money allows you to bury a litigant in the law itself. You see it time and time again in environmental lawsuits.  Sheer wealth alone is enough to win many cases and avoid prosecution to begin with in many other cases. Dragging it out for years. The average person will have little chance (as they already do) in tackling the larger issues via the court system. And in fact many of the larger cases in this country *don't* happen completely in public.  And removing the government won't change that.       As for the banks and banksters...the *banks* may have been broke by now without government involvement.  The *bankers* themselves would still be wealthier than most of humanity.      &gt;Small government that debates everything in the open       It's the transparency that's the issue. A big government that debated everything in the open would have most of the same positives and negatives. So would a medium government."}
{"_id": "65461", "title": "", "text": "First, let me fill in the gaps on your situation, based on the numbers you've given so far. I estimate that your student loan balance (principal) is $21,600. With the variable rate loan option that you've presented, the maximum interest rate you could be charged would be 11.5%, which would bring your monthly payment up to that $382 number you gave in the comments. Your thoughts are correct about the advantage to paying this loan off sooner.  If you are planning on paying off this loan sooner, the interest rate on the variable rate loan has less opportunity to climb. One thing to be cautious of with the comparison, though: The $1200 difference between the two options is only valid if your rate does not increase.  If the rate does increase, of course, the difference would be less, or it could even go the other way.  So keep in mind that the $1200 savings is only a theoretical maximum; you won't actually see that much savings with the variable rate option. Before making a decision, you need to find out more about the terms of this variable rate loan: How often can your rate go up? What is the loan rate based on? I'm not as familiar with student loan variable rate loans, but there are other variable rate loans I am familiar with: With a typical adjustable rate home mortgage, the rate is locked for a certain number of years (perhaps 5 years).  After that, the bank might be allowed to raise the rate once every period of months (perhaps once every year).  There will be a limit to how much the rate can rise on each increase (perhaps 1.0%), and there will be a maximum rate that could be charged over the life of the loan (perhaps 12%). The interest rate on your mortgage can adjust up, inside of those parameters.  (The actual formula used to adjust will be found in the fine print of your mortgage contract.)  However, the bank knows that if they let your rate get too high above the current market rates, you will refinance to a different bank.  So the mortgage is typically structured so that it will raise your rate somewhat, but it won't usually get too far above the market rate.  If you knew ahead of time that you would have the house paid off in 5 years, or that you would be selling the house before the 5 years is over, you could confidently take the adjustable rate mortgage. Credit cards, on the other hand, also typically have variable rates.  These rates can change every month, but they are usually calculated on some formula determined ahead of time.  For example, on my credit card, the interest rate is the published Prime Rate plus 13.65%.  On my last statement, it said the rate was 17.15%.  (Of course, because I pay my balance in full each month, I don't pay any interest.  The rate could go up to 50%, for all I care.) As I said, I don't know what determines the rate on your variable rate student loan option, and I don't know what the limits are.  If it climbs up to 11.5%, that is obviously ridiculously high.  I recommend that you try to pay off this student loan as soon as you possibly can; however, if you are not planning on paying off this student loan early, you need to try to determine how likely the rate is to climb if you want to pick the variable rate option."}
{"_id": "65482", "title": "", "text": "Ah well . .then it would make good business sense to strangle their economy and put sanctions on the North Koreans, otherwise the might not need to sell the Tech to Iran for oil and dollars. Great Plan and then there is also Pakistan, I guess they could carry a Tactical nuke across the border on a donkey. That would be cool.  Yeah Iran . .why build what you can buy"}
{"_id": "65519", "title": "", "text": "You could rent it out to hunters, or a charge a fee for camping on it. If you log it, you can often get Federal assistance in paying for replanting. You can also get certifications that your timber is being grown and harvested sustainably, making future timber more valuable, while minimizing the environmental impacts of harvesting on the property.  You also may be able to get mitigation credits for restoring and maintaining the land. The credits can be sold to developers in the same watershed to cover the taxes."}
{"_id": "65532", "title": "", "text": "The first thing you need to do is look at your terms and conditions of your credit card, or ask your bank, how they will apply the payments.  As Dilip notes in his answer, in the US, they will likely apply the minimum payment to the lower rate balance, and then must apply the rest above the minimum to the higher rate balance.  In other countries, this will vary by law and custom.  Do not assume it will pay off the higher balance, or proportionally, without asking. Let's take the following example. You owe $6000.  $5000 is at 13.5% (normal purchase rate) and $1000 is at 22% (cash advance rate).  If your bank applies payments to both balances proportionally, then a payment of $600 will reduce your purchase balance by $500 and your cash advance balance by $100. The average APR, then, is simply sum of the product of the APR times balance.  So here, (.135*5000 + .225*1000)/6000 = 15%.  This is called a weighted average. If the bank applies the payment differently - such as to the lower rate first, or some specified part to the lower rate and the rest to the higher rate - then this will be misleading if you enter it into a calculator, because your average APR will rise over time as you pay off the purchase balance but don't pay off the cash advance balance, or may decrease if the opposite happens. The weighted average is probably reasonably close in the circumstance that you describe, even if you have rules applying the balance differently, so long as they don't 100% pay down the lower rate - so it may be the simplest option for you in terms of rough calculations (where it's not critical to be correct, just close). One approach using the online calculators that might be better, is to treat these like two separate loans/cards.  Many calculators exist for multiple balances.  Then you can allocate funds differently to the two 'cards'.  This would allow you to see how long you will need until you've paid off the higher balance, for example, although it probably won't perfectly match things - unless you find a site that has this specific option available you probably will have to either live with a small error in your calculations or do the math by hand."}
{"_id": "65534", "title": "", "text": "You are correct, I didn't understand that at all. Apparently us consumers don't need to know when our financial information is susceptible to being compromised.   One question: Is your username based on the Redwall book series? I loved all those books."}
{"_id": "65537", "title": "", "text": "\"Balance transfer is a specific type of transactions where you use card X to pay off card Y. Assume you have a credit card Y with $1000 current balance. You open a new credit card X, and use the newly approved credit to pay off the balance on Y. You'll pay $30 fee (3% of the balance you're transferring). This doesn't apply to transfers from your checking/savings to the credit card to pay off the balance on that credit card. \"\"Balance Transfer\"\" is when you use credit limit of card X to pay off existing balance of card Y, nothing else.\""}
{"_id": "65555", "title": "", "text": "\"I'm sorry, unless the employee has a contract he need not be rewarded during successful periods. However, the shareholder does have such a contract: the articles of incorporation.   Your quasi-communist ideology might characterize this situation as also unfair, but the fact remains that an investor is more valuable to a company than an employee is. Furthermore, an investor takes on risk, something an employee does not do. When I purchase CAT stock, I may very well lose everything. I am the last in the long line of creditors. However, the employee does not stand to lose anything, and is much higher in the line of creditors.   The days of Sinclair's \"\"The Jungle\"\" are over in this country. CAT has no obligation to pay above-market wages to its employees.\""}
{"_id": "65567", "title": "", "text": "If you have just started an IRA (presumably with a contribution for 2012),  you likely have $5000 in it, or $10,000 if you made a full contribution for  2013 as well. At this time, I would recommend putting it all in a  single low-cost mutual fund. Typically, mutual funds that track an index such as the S&P 500 Index have lower costs (annual expense fees) than actively managed funds, and most investment companies offer such mutual funds, with Fidelity, Vanguard, Schwab, to name a few, having very low expenses even among index funds. Later, when you have more money in the account, you can consider diversifying into more funds, buying stocks and bonds, investing in ETFs, etc. Incidentally, if you are just starting out and your Roth IRA is essentially your first investment experience, be aware that you do not need a brokerage account for your Roth IRA until you have more money in the account to invest and specifically want to buy individual stocks and bonds instead of just mutual funds. If you opened a brokerage account for your Roth IRA, close it and  transfer the Roth IRA to your choice of mutual fund company; else you will be paying annual fees to the brokerage for maintaining your account, inactivity fees since you won't be doing any trading, etc. The easiest way to do this is to go to the mutual fund company web site and tell them that you want to transfer your IRA to them (not roll over your IRA to them) and they will take care of all the paper work and collecting your money from the brokerage (ditto if your Roth IRA is with a bank or another mutual fund company). Then close your brokerage account."}
{"_id": "65568", "title": "", "text": "not if it's only Bob and a couple others that are having the problem.  The company is spending more money on the wages of the guy helping him out than what Bob brought to the company with his purchase.  There's no sense in paying for a customer."}
{"_id": "65573", "title": "", "text": "\"It's not a talking point, use google.   What \"\"one thing\"\" do they have?   You know what I find funny? The fact that there are virtually no ruins in Africa, especially subsaharan Africa (aka black people) to speak of. Your continent still has people living in mud huts with technology no more advanced than the romans. You can't govern, there is an entire continent to prove that testament. But yes, surely that's all due to sunny weather.\""}
{"_id": "65578", "title": "", "text": "There is one basic principle to apply here:  to compare money paid at different times, all the amounts must be compounded or discounted to the same point in time. In this case, the moment of the initial  $225,000 loan is convenient. At that moment, you get $225,000 You then make 30 payments on the 40% mortgage.  The amount of these payments has to be calculated;  they're paying off a $90,000 mortgage with 30 monthly payments at a monthly rate of 0.5% Finally, you make 30 payments of an amount X, starting one month after the 40% mortgage ends. So far we've just listed the amount and time of all the payments back and forth. A time-line type diagram is a huge help here. Finally, use compound interest and annuity formulas to bring all the payments to the starting point, using an interest rate of 1% a month! Equate money in with money out and solve for X"}
{"_id": "65587", "title": "", "text": "Some index funds offer lower expense ratios to those who invest large amounts of money. For example, Vanguard offers Admiral Shares of many of its mutual funds (including several index funds) to individuals who invest more than $50K or $100K, and these Shares have lower expense ratios than the Investor shares in the fund. There are Institutional Shares designed for investments by pension plans, 401k plans of large companies etc which have even lower expenses than Admiral Shares. Individuals working for large companies sometimes get access to Institutional Shares through their 401k plans.  Thus, there is something to gained by investing in just one index fund (for a particular index) that offers lower expense ratios for large investments instead of diversifying into several index funds all tracking the same index. Of course, this advantage might be offset by failure to track the index closely, but this tracking should be monitored not on a daily basis but over much longer periods of time to test whether your favorite fund is perennially trailing the index by far more than its competitors with larger expense ratios. Remember that the Net Asset Value (NAV) published by each mutual fund after the markets close already take into account the expense ratio."}
{"_id": "65588", "title": "", "text": "\"I am doubtfull of this claim.  I had a HORRIBLE experience with a dog trainer and I wanted to lambaste her on Yelp.  I signed up, and posted my negative review.  I also gave 5 stars to two other dog trainers.  What I did looked like classic competitor manipulation --critisize the real competition while praising the non-threatening businesses.  And yet, my negative post instantly became #1 and is still #1.  I thought Yelp had to be teasing me, so I checked on multiple computers and devices without logging in -- my review was #1.  Here's how I figured it: I wrote good reviews.  Each one took me at least 20-30 minutes, and the negative one several days!  I didn't just \"\"leave a comment\"\" but explained my reasons and gave useful insight for others when dealing with that person.    My favorite dog trainer also has a \"\"filtered reviews\"\" problem.  She advertises her Yelp page while pointing out to not miss the \"\"filtered reviews\"\" section.  I took a look at those reviews... and... I totally understood why they were filtered.  Not one gave value whatsoever.  It was just several renditions of, \"\"She's awesome! My dog loves her!\"\"  Yelp's algorithm has no evidence the review could possibly be real, so it filters it out.  I've also read that there has been extensive research on fake-paid-for reviews and they have found telling signals that the writer never experienced the service.   I am sure Yelp is also taking advantage of that research.\""}
{"_id": "65599", "title": "", "text": "&gt; ... but if you believe it is even remotely possible with the current political climate we live in ...  There is nothing stopping you from doing a city/country/state [proposition](http://en.wikipedia.org/wiki/California_ballot_proposition) (laws vary).   Larry Lessig has an excellent [talk about the problem and the solution](https://www.youtube.com/watch?v=Ik1AK56FtVc).  Flailing at Walmart isn't a solution."}
{"_id": "65605", "title": "", "text": "\"I would accept the offer provided that it is a BONA FIDE offer. Some issues to consider: 1) Make sure the debt is actually yours. 2) Make sure that there is a meaningful period of time left on the statute of limitations (10 years). Because if this \"\"settlement\"\" doesn't work, the clock goes back to time zero for the debt, minus the amount you paid. In other words, don't pay off a debt \"\"by the end of the month\"\" that will expire on the fifteenth. 3) I'm not a lawyer, and therefore, in your shoes, I would consider consulting a lawyer. 4) If using a lawyer isn't cost effective, then I would set up an escrow account, deposit the settlement amount, and then release it upon receipt of a letter that says that the amount in escrow fully satisfies the debt. Such a letter will help your record with credit agencies. It will also establish a record that you've paid, and paid in full. Based on what you've said about the original letter, the debt collector would be willing to do this. If he reneges, he's \"\"playing games.\"\"\""}
{"_id": "65615", "title": "", "text": "\"Nobody is claiming that there has been no warming. However, it is not a subject of controversy that the \"\"pause\"\" has gone on for 17 years, in contradiction to all the climate models. The most ardent alarmists (except for you) aren't denying that--they are trying to explain it in various ways.   http://wattsupwiththat.com/2013/11/04/rss-reaches-santers-17-years/\""}
{"_id": "65618", "title": "", "text": "I assume that when you say 'the DOW' that you actually mean the general market.  The ticker symbol for the general market is SPY (called a 'Spider'). The ticker symbol for Nasdaq is QQQ.  SPY currently pays 2.55% in dividends in a year.  QQQ currently pays 1.34% in dividends in a year."}
{"_id": "65621", "title": "", "text": "Liquid Nitrogen Import Data enables importing companies and traders to avail more information that can be of great benefit for improving their businesses. They also want to stay in the trading market and help their domestic products and industries to flourish further in their own country and in the foreign land."}
{"_id": "65631", "title": "", "text": "Seriously. Lately it seems like it's shrinking as well. Just last night I figured I'd pop on and watch a couple episodes of MASH, nope gone. Ok, maybe start another binge of Futurama, nope first 5 seasons are gone. Ok, fine I'll just go back and pick up on Bones, nope another one with the first 5 seasons gone. Oh but hey, there are a bunch of WW2 propaganda movies and stand up specials that were just added."}
{"_id": "65633", "title": "", "text": "American workers generally get an average of 10 days paid vacation a year, sometimes with a few extra sick days; but a full time American worker averages taking only 5-7 days a year.    I'm an American worker and I get 1 day a year. After 5 years, I get 2 more. That one day is vacation and sick leave. I work for a US based multi billion dollar company as an hourly employee."}
{"_id": "65648", "title": "", "text": "Increasing rates from .75% to 1% is an attempt to control debt.  The new 1% rate drives down demand for bonds based on the old .75% rate and drives down demand for stocks who have decrease profit because they pay more interest on debt.  This is the federal reserves primary tool controling inflation.   1% is what the banks pay to borrow money, they base their lending rates on this 1% figure.  If a person can guarantee a .75% return on money borrowed at 1%, they will opt to save and instead lend their money out at 1%."}
{"_id": "65659", "title": "", "text": "I work in banking for the private bank division for a major bank as a banker. I have been helping clients with these types of transactions for years. I believe that large transactions like this are best left to the big boys. That is where the talented bankers/loan officers/underwriters are, and that is the type of transaction they specialize in. I know for a fact that your credit union will not be able to suit your needs, and a smaller bank will be tough to deal with. I wouldn't worry at all about the credit pulls as much as picking a rock solid bank with lots of experiences doing these kinds of deals. That is my 2 cents, albeit a little bit biased, but it is also coming from experience. History with the bank definitely matters, but what business you can bring to the bank along with the lending (deposits, 401k management, personal investments, business services, etc) matter just as much and can make or break the approval/decline or even the terms being favorable or not favorable to your company."}
{"_id": "65660", "title": "", "text": "It's reminiscent of how state socialist governments made their own brands to sell through state-owned grocery stores.  In this case, Aldi is making its own (low quality) branded goods (instead of allowing for capitalist/competitive brand selection) and excluding from its stores all other branded goods made by other companies.    Aldi does not follow the Costco model. They're not comparable at all.   Costco has yearly membership fees and you can buy quality name brands from them at rock-bottom prices.  Aldi is not a membership club and sells almost exclusively low-quality in-house brands.    Costco does have the in-house Kirkland brand, though it is highly lauded by its customers."}
{"_id": "65663", "title": "", "text": "\"@sdg's answer is spot-on with the advice to avoid repeated conversions, but I'd like to provide some specifics on the fees involved: Each time you round-trip Canadian dollars (CAD) through a U.S.-dollar (USD) priced security at TD Waterhouse and leave your proceeds in CAD, you're paying a total foreign exchange fee \u2013 implied in their rate  spread \u2013 of about 3%, give or take. That's ~3% per buy & sell combination, or ~1.5% on each end. You can imagine if you trade back & forth frequently, you can quickly lose a lot of money.  Do it back and forth ten times in a year and you're out ~30% on the fees alone! The TD U.S. Money Market Fund (TDB166) that TD Waterhouse is referring to has no direct commission to buy or sell, but it does have a Management Expense Ratio (MER) of 0.20% per year \u2013 basically a fee which is deducted from the fund's returns (which, today, are also close to zero.)  Practically speaking, that's a very slim fee to hold some USD in your Canadian dollar TFSA. While 0.20% is cheap, a point to keep in mind is if you maintain a significant USD balance, you are maintaining currency risk:  You can lose money in CAD terms if the CAD appreciates vs. USD. Additional references: Canadian Capitalist describes TD Waterhouse and the use of TDB166 and \"\"wash trades\"\" at How to \"\"Wash\"\" Your Trade?  He's referring to RRSPs, but the same applies to TFSAs, which came out after the post was written. Canadian Couch Potato has two relevant articles: Are US-listed ETFs Really Cheaper? and Lowering Your Currency Exchange Fees.\""}
{"_id": "65667", "title": "", "text": "\"The simple answer could be that one or more \"\"people\"\" decided to buy. By \"\"people,\"\" I don't mean individual buyers of 100 shares like you or me, but typically large institutional investors like Fidelity, who might buy millions of shares at a time. Or if you're talking about a human person, perhaps someone like Warren Buffett. In a \"\"thinly\"\" traded small cap stock that typically trades a few hundred shares in a day, an order for \"\"thousands\"\" could significantly move the price. This is one situation where more or less \"\"average\"\" people could move a single stock.\""}
{"_id": "65669", "title": "", "text": "Zimbabwe was a fine place to live when it was Rhodesia. Zambia, which is welcoming back a number of Whites, is doing better now as well, where the same cannot be as well said for Zimbabwe.       Material resources are not the source of most country's wealth anyway, or we would not see countries like Hong Kong, Singapore, Liechtenstein, Luxembourg, or Switzerland develop. And yet, we do. The common thread between them is simple: freedom and intelligence - things Africa lacks and cannot hope to create unless what most would call a tragedy were to occur.      I wouldn't kid yourself, really. Many countries have had exceptionally long histories with many a chance to develop and yet they have not done so well as those with brighter populations. Many have had very short histories, with little chance to develop and yet they have done exceptionally. As stated above, there are common threads and that's what Faber is clearly referencing, not some mixed-blessing of resources or somesuch.    Don't be foolish. There are no other sufficient explanations after properly interrogating the issue."}
{"_id": "65671", "title": "", "text": "\"define \"\"spoil\"\"? we are not talking about expensive gadgets, TVs and video games. we are talking good schools, quality food and health care.   it's the opposite of \"\"spoiled\"\" in many ways. no junk food, no idle time. lots of learning, work and discipline.\""}
{"_id": "65698", "title": "", "text": "The purpose of the W-4 form is to allow you to adjust the withholding to meet your tax obligations. If you have outside non-wage income (money from tutoring) you will have to fill out the W-4 to have extra taxes withheld. If you have deductions (kids, mortgages, student loan interest) then you need to adjust the form to have less tax taken out. Now if yo go so far that you owe too much in April, then you can get hit with penalties and a requirement to file your taxes quarterly the next year. Most years I adjust my W-4 to reflect changes to my situation. The idea is to use it to manage your withholding so that you minimize your refund without triggering the penalties. The HR department has advised you well. How to adjust: If you want to decrease withholding (making the refund smaller) add one to the number on the worksheet. In 2014 a change by 1 exemption is equal to a salary adjustment of  $3,950. If this was spread over 26 paychecks that would be the same as lowering your salary by ~$152. If you are in the 15% tax bracket that increases your take home pay by ~10 a check."}
{"_id": "65702", "title": "", "text": "\"Securities and ETFs are also subjected to Estate Tax.  Some ways: Draft a \"\"Transfer on Death\"\" instruction to the broker, that triggers a transfer to an account in the beneficiary's name, in most cases avoiding probate. If the broker does not support it, find another broker.  Give your brokerage and bank password/token to your beneficiary. Have him transfer out holdings within hours of death.  Create a Trust, that survives even after death of an individual.  P.S. ETF is treated as Stock (a company that owns other companies), regardless of the nature of the holdings.  P.S.2 Above suggestions are only applicable to nonresident alien of the US.\""}
{"_id": "65733", "title": "", "text": "But . .but . .Fitchy baby . .sweetheart . .dahlink . .  You do remember how you were exposed as total and complete ignorant fraudulent assholes in 2008 . . .you poor babies . .you really didn't have a clue  But now that you have recovered your composure or at least put on a straight enough face not to look like total clowns, we are more interested in what is the state of the all that garbage you rated aaa that the Fed is putting up for sale next month.  Do tell muffin . . .I hear it could sink the global economy into a 4.5 trillion dollar depression . . .we do await your wisdom on such a pressing matter"}
{"_id": "65736", "title": "", "text": "\"What types of delivery options are these? I worked in logistics for a brief period (like 2 years, not much) and have never heard of such a thing.   I think what the person above you mentioned is that UPS and FedEx both lean heavily on USPS for shipments to rural areas that it simply doesn't make sense for the private companies to build a network to distribute to. Instead they dump your UPS/FedEx onto USPS for the last leg or two of distribution, depending on how rural the area is. Most addresses listed as \"\"beyond points\"\" in already rural areas are almost all delivered by USPS and not UPS/FedEx\""}
{"_id": "65758", "title": "", "text": "\"Shipping Costs. Tariffs. (Mexico and US have NAFTA, so Corona comes in cheap to the country). and Local and National taxes.  Corona is made in Mexico and is a short truck ride across the border to be distributed. To get to Australia, it goes much slower, and can cause more of the product to go bad before it gets there, hence the cost goes up.  Same with Budweiser, except it has even less distance to travel within the states.  By the way, the US also has heavy \"\"sin\"\" taxes on alcohol. I'd imagine both of these products are cheaper in Mexico.  Also, I assume, you are not exchanging $1 AUS = $1 US. right?\""}
{"_id": "65763", "title": "", "text": "Jewish living in Brooklyn here, the Satmars are pretty much all crazy assholes. This is also why I hate when Jews or Christians talk badly about Muslims because of the extremists. There's an exact version of these people in every religion."}
{"_id": "65771", "title": "", "text": "\"I can't imagine how a company that has all the proof it needs of its existence and business dealings is able to be challenged in this way. Fact is, they were doing business first. The insurance company has no claim to make. (I'm not a lawyer, my observation there is based on what's right and logical...perhaps the law disagrees and if so, that law is as crooked as the judge who thinks the request for the insurance company's business dealings off \"\"frivolous\"\").  They may have messed up. That's because the evidence looks pretty \"\"open and shut\"\".   Too bad for them they're getting pushed around on the basis of \"\"I'm bigger\"\" I guess, huh? I don't see why this means they're on their own.  Edit: I didn't see the part about the dillusion suit. Definitely brought it on themselves, still being harassed; and insurance company has no right to shut them or their site down.\""}
{"_id": "65782", "title": "", "text": "\"Your inference in #1 is incorrect.  The million dollars he has contributed is going to be part of the assets of the fund.  This is common practice and is a way for the founder to express confidence that the fund will make money.  He wants you to come up with a model that he can then use to trade those assets.  Presumably he will give you some money if he uses your model and it works. Regarding #2, there are lots of ways of getting data.  Sometimes you can buy it directly from the exchange.  You can also buy from vendors like tickdata.com.  There are lots of such vendors.  Since he makes a big deal about saying it's expensive, I'm assuming he is talking about data at relatively high frequency (not daily, which would be cheap).  Stock data is still not bad.  Complete US data would be a few thousand dollars (maybe 20K at the most).  For someone sitting at home with no capital, that's a lot of money, but for a hedge fund it's nothing. As an institutional investor, your broker will give you a data feed that will provide all prices in real time (but not historically).  If he's been in operation a while, he could have just saved the prices as they came out of the pipe.  I don't think that's the case here, though, based on how young he is and how little money is involved. In short, he paid for some data and has \"\"encrypted\"\" it in such a way that he can legally share it for free.  Supposedly his method preserves the structure so that you could write a trading model based on the encrypted data and it would work on real data.  Once you have a good trading model, you sell it to him and he will use it to trade his million dollars and whatever other money he is able to gather.\""}
{"_id": "65795", "title": "", "text": "It should go without saying (should being the key word) that you must pay employees enough so that they stop thinking about money. If your people are under that thresshold, these points aren't as powerful. Underpaid people will always underperform, mentally check-out, look for a new job, etc. Being underpaid is like being on fire. Before anything else can happen, this must be addressed.  Once they're above the thresshold and money is no longer a motivator, that's when you need these things to happen. Compensation sort of falls into the law of diminishing return. More is always better...to a point. I've read that point cited at $75-77k in the US. After that, people aren't working solely for compensation anymore."}
{"_id": "65797", "title": "", "text": "The classic Nigerian scam involves sending fraudulent cashier's checks to unwitting recipients who then deposit them in their account.  The bank reverses these deposits once they discover the check is not valid.  At least in the US and in the parts of the EU I'm familiar with (the Netherlands), the method of the Nigerian scam is consistent and banks will reverse the deposit after some holding period. Given this, it's unlikely that most banks will convert an arbitrary cashier's check to cash without any means to recover the amount should the check be fraudulent."}
{"_id": "65826", "title": "", "text": "It's not made up, the guy is a buffoon and the Republicans are too spineless to toss his ass overboard and get shit done. Trump only looks out for himself, he doesn't give two shits about his party or the country."}
{"_id": "65830", "title": "", "text": "Right, just like computers are only available to the upper class.  In reality, the wealthy would just be the initial market.  As their demand causes supply increases/cost innovation, prices will inevitably fall (and philanthropy almost certainly rise), which would make the enhancements available further down the economic ladder, which cycles the process again."}
{"_id": "65832", "title": "", "text": "\"Don't assume you will make a loss. I knew a couple of cases where people have made mistakes like this and turned it into a more profitable business than their original venture, causing them to willingly make the same \"\"mistake\"\"again.  Look for the strength: a large quantity, all ready to go. It's way easier to solve than having no stock. Look further afield than usual; talk to people in different parts of the supply chain. Sure, your usual customers don't need that much all at once but would a distributor in a neighboring country or state be interested? It's possible someone out there is having trouble fulfilling an unusually big order and would love your help. Alternatively, do something unusual. Is there a pet event going on at which you could have a blow out one-off sale and work the marketing angle?  Think creatively but, most importantly, you're doing the right thing by tackling this now. A distributor won't touch it when it's only got two months left.\""}
{"_id": "65835", "title": "", "text": "\"Consider property taxes (school, municipal, county, etc.) summing to 10% of the property value.  So each year, another .02N is removed.  Assume the property value rises with inflation.  Allow for a 5% after inflation return on a 70/30 stock bond mix for N.   After inflation return.   Let's assume a 20% rate.  And let's bump the .05N after inflation to .07N before inflation.  Inflation is still taxable.   Result  Drop in value of investment funds due to purchase.   Return after inflation.   After-inflation return minus property taxes.   Taxes are on the return including inflation, so we'll assume .06N and a 20% rate (may be lower than that, but better safe than sorry).   Amount left.   If no property, you would have .036N to live on after taxes.  But with the property, that drops to .008N.  Given the constraints of the problem, .008N could be anywhere from $8k to $80k.   So if we ignore housing, can you live on $8k a year?  If so, then no problem.  If not, then you need to constrain N more or make do with less house.   On the bright side, you don't have to pay rent out of the .008N.  You still need housing out of the .036N without the house.   These formulas should be considered examples.  I don't know how much your property taxes might be.  Nor do I know how much you'll pay in taxes.  Heck, I don't know that you'll average a 5% return after inflation.  You may have to put some of the money into cash equivalents with negligible return.  But this should allow you to research more what your situation really is.   If we set returns to 3.5% after inflation and 2.4% after inflation and taxes, that changes the numbers slightly but importantly.  The \"\"no house\"\" number becomes .024N.  The \"\"with house\"\" number becomes  So that's $24,000 (which needs to include rent) versus -$800 (no rent needed).  There is not enough money in that plan to have any remainder to live on in the \"\"with house\"\" option.  Given the constraints for N and these assumptions about returns, you would be $800 to $8000 short every year.   This continues to assume that property taxes are 10% of the property value annually.  Lower property taxes would of course make this better.  Higher property taxes would be even less feasible.   When comparing to people with homes, remember the option of selling the home.  If you sell your .2N home for .2N and buy a .08N condo instead, that's not just .12N more that is invested.  You'll also have less tied up with property taxes.  It's a lot easier to live on $20k than $8k.   Or do a reverse mortgage where the lender pays the property taxes.  You'll get some more savings up front, have a place to live while you're alive, and save money annually.   There are options with a house that you don't have without one.\""}
{"_id": "65846", "title": "", "text": "\"Stop lights. Traffic patterns. Airplane landing order, or even efficiency on the best path to travel. Power grid system efficiency. Netflix giving recommendations. Google responses.  All those hurricane and weather tracking systems. Targeted ads. I suppose I should say \"\"algorithms\"\" but I consider that a form of AI. A designed decision by a computer that makes it based on a multitude of input information.\""}
{"_id": "65875", "title": "", "text": "\"Taxes are a tool for achieving social policy goals. While Americans consider \"\"Socialism\"\" to be a curse, the US is in fact quite socialistic. Mostly towards corporations, but sometimes even the normal people, not only the \"\"Corporation are people, my friend\"\" (M. Romney) get some discounts. The tax deduction on mortgage interest comes as a tool to encourage Americans to own their homes. It is important, socially, for people to own their home to be independent, and in general contributes to the stability of the society. As anything, when taken to the extreme, it in fact achieves exactly the opposite, as we've seen in 2008, but when balanced - works well. Capital gain is taxed in the US, because it is income. Generally, any income is taxed. However, gain sourced from the sale of primary residence is excluded, up to a certain (quite large) amount from this tax (if lived in the residence long enough - 3 of the last 5 years prior to sale). This, again, to encourage Americans to upgrade their houses and make it easier for Americans to relocate when needed (sell one house and buy another without losing cash on taxes). As to \"\"asset producing income\"\" - that is true in the US as well. You cannot deduct your personal expenses, in general. Mortgage interest on primary residence is a notable exception, because it serves a social cause. Similarly, medical expenses are allowed as a deduction, if they're above certain limit, and many other things (for example - if a US person totals his car, and insurance doesn't cover the loss - it is tax deductible, above certain limit, the higher the income - the higher the limit). These are purely social policy breaks. Socialism, something Americans like to have, and love to hate. Many \"\"anti-socialists\"\" in the US are in fact taking advantage of these specific tax breaks the most, because for rich folks these are limited or non-existent (mortgage interest limited up to 1 million, medical expenses are allowed only above certain percentage of income, etc).\""}
{"_id": "65880", "title": "", "text": "I think Wendy's food is delicious, they've really stepped up their game over the last year or so (at least they have in Canada don't know if they've made changes in the US).  I would eat there 1-2 times a week if fast food wasn't so unhealthy."}
{"_id": "65887", "title": "", "text": "\"Without more specifics, yes, you should. The risk depends on your policy, but the impact is high. The actual requirement will depend on your state and the specific language in your policy. Some policies will provide full coverage if that driver has your permission to use the car. The cost of not complying can be substantial. If you live with your girlfriend, apply for a policy and fail to disclose her presence in your household, that could be construed as intent to fraud in some situations. Other companies will drop your coverage if they find out. You need to think long and hard before not answering a question posed by an insurance company with complete honesty. There are documented cases where families have lost out on thousands of dollars because someone checked the \"\"non-smoker\"\" box on a life insurance form, but the insurance company found a picture of the person smoking a cigar at a wedding.\""}
{"_id": "65894", "title": "", "text": "Since I've been doing this since late 03 I have colo machines in Chicago and NYC, and have direct exchange data feeds etc.  I mentioned in a prior post though, for someone starting out on algorithmic trading, I'd recommend Nanex for tick data and Interactive Brokers for your brokerage account. IB has a robust and easy to use API. It won't let you do the most low latency stuff bc you can't colo at the exchange and have to clear through their order management systems but if you are looking at opportunities that exist in the market in excess of 50ms it's probably a good place to start. If not, go Lightspeed imo, but that'll cost you on the colo/data a lot more."}
{"_id": "65898", "title": "", "text": "Global warming is not a hoax.  However this type of climate change, higher CO2, has many benefits and one is that we will have much more vegetation and higher levels of oxygen. All vegetation does better in high CO2 levels as we both know because we are scientific about things and not emotional.  Global warming is used as a tax issue. Obama just wants to tax the energy industries, but who always pays is the end user."}
{"_id": "65899", "title": "", "text": "Its highly unlikely to 'collapse', perhaps there will be  managed defaults, yes, but there is no way they will let it collapse as a global depression would follow.  If the euro collapses it will also bring down most of the global economy including the likes of China and the US (not to mention the Germans) and they are not going to let that happen.  http://www.ft.com/cms/s/0/6cf8ce18-2042-11e1-9878-00144feabdc0.html#axzz1y0lc0hy1  P.s. I am surprised we have not seen more suggestions of buying guns, land and building a commune."}
{"_id": "65900", "title": "", "text": "\"With options you pay for a premium which relates to the expected (so-called \"\"implied\"\" volatility). With futures, there is no assumption about the volatility of an underlying stock. In general, when trading options you trade the direction and future expected volatility of an underlying while futures are directional trades only.\""}
{"_id": "65914", "title": "", "text": "It would seem that the best method of bank robbery involves an inside man or woman, someone in the bank who can provide information about where the largest amount of cash is and when to hit the bank. $20,000 does not seem to be worth the risk of jail time. I'd say anything south of $100,000 per bank robber probably wouldn't be worth it, and getting that amount of cash would require more than a simple walk-in, pull a gun, empty a register robbery.   The trick would either be proving an iron-clad alibi for the inside person or the group of robbers collectively contributing to the cost of that person disappearing. At the very least, that individual should get the largest share of the score.   Escape is undoubtedly the biggest issue. One would need immediate transportation from the scene of the crime which could leave the area, then be dumped (fully scrubbed for prints, DNA, etc.) then the group would all go their separate ways.   Regardless, I don't think it's worth the risk or the effort. First off, when you rob a bank the greedy bankers doesn't lose the money, it's paid by the FDIC, which is founded by taxpayers, so what you're doing is taking money that might otherwise be spent on social services for people who need them. Moreover, it's expensive and time-consuming to launder large amounts of money. If you manage to get $120,000 out of a robbery, which is hugely optimistic, that number would take years and a significant fraction of the take just to clean for personal use. And the risk of not only prison but possibly death seems rather extreme when compared to the admittedly more dull alternative of finding and holding down career.   I think there are probably more efficient criminal methods of obtaining large quantities of money/wealth, too. Illegal narcotics, for example, are a $300 billion a year industry. While it's not the easiest business to get into, one imagines, the potential for someone who isn't just some moron off the street to climb the cartel ladder could be significant and could lead to a high income. There are significant risks, of course, and there's a serious moral question as to whether selling illegal drugs is acceptable or not, but if you're morally flexible or have the opinion that illegal narcotics are not something that should be prohibited, it could work.   And there's always money in the banana stand."}
{"_id": "65916", "title": "", "text": "\"None.  The first \"\"caja\"\" that \"\"required\"\" a rescue from the spanish government was Caja Castilla la Mancha. This \"\"caja\"\" was a special entity created by the spanish local government and had politicians in the governing board. This politicians were from the ruling party of that region, at that time PSOE (socialist party of Spain).  The funny part is that the president then, Zapatero from the same socialist party, went to London for a G20 meeting and his main reivindication was that the world governments needed to fight against tax paradises. The same week he was there spreading this message it was known that directors of Caja Castilla la Mancha (remember, politicians from the same party) had set up a special entity in a fiscal paradise so their speculations would be cheaper.  Obviously nothing happened to those people.\""}
{"_id": "65918", "title": "", "text": "Started making $140K out of undergrad, Investment Banking. Pre-tax, of course.  Would probably be similar to $80K in a smaller market.    If your total comp includes an end-of-year bonus, you should follow this rule:  Spend salary, bank bonus."}
{"_id": "65919", "title": "", "text": "Yes,  if you choose to live within the benefits provided by a system *and* choose to illegally not pay for your part, then yes expect armed men to show up at your door - and rightfully so.  Try joining a family you don't know at a restaurant, start helping yourself to their food and see what happens..."}
{"_id": "65944", "title": "", "text": "We have extensive experience in web design and development, but that's not all we can offer you. We are specialists SEO in (search engine positioning) and we look for the way to position your website in the first results of Google and the rest of search engines. For this we use the best SMO Services In Oklahoma and techniques and tools on the market that allow us to have a global vision of your sector on the Internet. We are experts in WordPress and Joomla, content managers that allow you to update, edit and add new pages to your site very simply."}
{"_id": "65946", "title": "", "text": "Typically a hedge fund makes money in two ways: An asset fee of around 2%, and a performance bonus of 20% of the profits.   This causes a huge deterioration of the funds growth, especially when you compound the difference over 20 or 30 years.   Funny enough, they don't have to put in 20% of losses, that's 100% on the pension to bear."}
{"_id": "65947", "title": "", "text": "It's funny you bring up trains. If you actually go back and look at the history of trains during the rise of the automobile you'll find that their practices were far worse than anything Hollywood is doing. Remember when the government was busting up all the Big Trusts (high school History)? The Railroad Trust was fucking with everything from ticket prices, to worker's rights, and yes even regulations to squeeze as much as they could before their ultimate demise. It's a sad lesson because if they had learned to function alongside cars and their actual value of facilitating transportation we wouldn't have the transportation crisis we face now. Your analogy is depressingly apt.   Crowdfunding, a drop in media prices, and 1-login-anywhere-on-demand media services (a la Steam) are definitely sure to crop up over the years and I totally agree that *these* will combat piracy more than anything the government can do. Because honestly I think the U.S. Government pulls this kind of bullshit just to show the American public that they are relevant. Just because they are on the completely wrong side of the argument doesn't mean donors aren't popping up out of nowhere, their offices and websites aren't flooded with traffic, and they aren't benefiting from the press. If they aren't manufacturing retarded schemes like this, they'll have to get back to the real work of voting about the logos on our currency."}
{"_id": "65957", "title": "", "text": "\"You Need A Budget is a nice budgeting tool that works on the desktop.   It is more focused on manual entry and budgeting over auto-downloading and categorizing.   It does support downloading transactions from banks and then importing the transaction files.    You mentioned having \"\"trust issues\"\" with a bank and this would be safe as you don't enter your credentials into the app.   It also has a mobile app that works well. Not exactly what you are looking for, but it would work in India and be safe if you have an untrustworthy bank and it would allow you to import transactions.\""}
{"_id": "65982", "title": "", "text": "There are a couple of things to consider.   First, in order to avoid interest charges you generally just need to pay the statement balance before the statement due date.  This is your grace period.  You don't need to monitor your activity every day and send immediate payments.  If you're being really tight with money, you can actually make a little profit by letting your cash sit in an interest bearing account before you pay your credit card before the due date. Second, credit card interest rates are pretty terrible, and prescribed minimum payments are comically low.  If you buy furniture using your credit card you will pay some interest, be sure to pay way more than the minimum payment.  You should avoid carrying a balance on a credit card.  At 20% interest the approximate monthly interest charge on $1,000 is $16.67. Third, if you carry a balance on your credit card you lose the interest grace period (the first point above) on new charges.  If you buy your couch, and carry the balance, when you buy a soda at 7-11, the soda begins to accrue interest immediately.  If you decide to carry a balance on a credit card, stop using that card for new charges.  It generally takes two consecutive billing period full balance payments to restore the grace period. Fourth, to answer your question, using a credit card to carry a balance has no impact on your score.  Make your payments on time, don't exceed your limits, keep your utilization reasonable.  The credit agencies have no idea if you're carrying a balance or how much interest you're paying. To Appease the people who think point four needs more words: Your credit report contains your limit, your reported balance (generally your statement balance), and approximate minimum payment.  There is no indication related to whether or not the balance contains a carried balance and/or accrued interest.  The mere fact of carrying a balance will not impact your credit score because the credit reporting bureaus don't know you're carrying a balance.  Paying interest doesn't help or hurt your score.  Obviously if your carried balance and interest charges push your utilization up that will impact your score because of the increased utilization. Make your payments on time, don't exceed your limits, keep your utilization reasonable and your score will be fine."}
{"_id": "66017", "title": "", "text": "\"It's not a fallacy, I'm pointing out you're complaining about housing prices but unwilling to find better ones. As I pointed out (and you ignored) those housing prices are regarding convenience. With a little bit of a drive, you could find \"\"afforable\"\" housing instead of renting and voila! nothing to complain about.  If you want a better house, then get a better job. It's not rocket science. Someone on minimum wage isn't going to be able to afford a house in downtown DC or surrounding area.\""}
{"_id": "66018", "title": "", "text": "Apply for a secured credit card (several financial institutions provide these, including most banks. WalletHub gives you a way to search/filter for these cards quite easily).  You will need to deposit funds to cover your credit limit.  Deposit as much as they allow, I believe it is 500.00.  Pay for EVERYTHING with the card.  Monitor your balance due and keep paying it off, to bring the balance due down so you can continue using your card. I know you mentioned your area requires you to be 19, not sure if that still applies if you are applying online, in another state. Also, there's no real reason to get a card with an annual fee in this case. The main reason for an annual fee would be a lower interest charge - simply don't get charged interest, and you'll be better off with not having to pay for a card annually. Good luck."}
{"_id": "66034", "title": "", "text": "\"shouldn't withdraw stock investments for at least 5 years would be better re-phrased as: \"\"don't invest money in stocks if you (really) need it within next few years\"\". The underlying principle is: stocks are one of the higher-risk investment classes out there.  While that's exactly what you want over a long time horizon (longer than the ebb and flow of the broader economy); if you know you'll definitely have to withdraw $50k (or any large chunk) of it within just a few years, it's possible that a great long-term vehicle like stocks, could actually rob you of money on a shorter time horizon. So if you want to start a business 2 years from now, you'll probably want to retain some of that $300k initial pile in lower-risk investment vehicles (e.g. bonds, CDs, certain ETFs and mutual funds aimed at \"\"capital preservation\"\", etc). That said, interest rates are so low, that if you're flexible with how much money you'll need to start that business, I'd probably keep as much as you can stomach in diversified stocks (per your original plan).\""}
{"_id": "66039", "title": "", "text": "The US will let you keep as much money as you want to within its borders regardless of your citizenship. You'll owe capital gains tax in the US unless you're subject to a tax treaty (which you would probably make as an election in the year of the transaction). I don't know if India has any rules about how it governs its citizens' foreign assets, but the US requires citizens to file a form annually declaring foreign accounts over $10,000. You may be subject to additional Indian taxes if India taxes global income like the US does."}
{"_id": "66058", "title": "", "text": "The check is just barely over 6 months old. I suspect it will go through with no issues."}
{"_id": "66072", "title": "", "text": "There is a lot of difference in the way a commercial cleaning service provider works and the way in which your daily office cleaners perform their job. Lets\u2019 describe in detail how the services of  professional commercial cleaning company is different from the regular cleaners and how they can help you in efficiently running your organization."}
{"_id": "66088", "title": "", "text": "Markets are definitely not efficient 100% of the time in thousands for ways. For example, why does implied volatility of options spike right before earnings when everyone already know the earnings date? Sentiment can also change in a blink of an eye based on analyst downgrades or a technical sell off. That said, most market inefficiencies are not salable. Its not possible to make a play off a illogical sell-off when your AUM can buy the company many times over."}
{"_id": "66089", "title": "", "text": "Monarchy is a form of government. I make the distinction where the people have little or no say in who makes the rules. In a monarchy, they king makes the rules and people can either move away or stay. In a democracy, the dictators make decisions for them and spend 1/3 of their income, and the people get a 1 in several million say over which of 2 dictators gets to make decisions for them."}
{"_id": "66107", "title": "", "text": "\"Definitely depends on the field. I work in derivatives (but not on the pure quant side, though), and that's one of the fields that tends to hire the most mathsy guys. Basically involves applying a lot of stochastic calculus and probabilistic concepts to practical pricing problems.   If you want a nice little application from a math perspective (but not necessarily practical), check out \"\"A Closed-Form Solution for Options with Stochastic Volatility\"\" by Heston (1992). Should give a decent idea of how typically the problem solving process works in derivative-land: start with a practical problem relating to a probabilistic/modelling concept (eg implied distribution of expected returns) -&gt; apply some math -&gt; come up with some sort of solution.  *edit: clarification 1st paragraph\""}
{"_id": "66117", "title": "", "text": "Those billionaires are often billionaires because they make it their job to take my hard earned money, which I give them willingly, and make it worth more than inflation in fifty years so that I can retire with dignity, comfort and peace.  If you tax the hell out of that then people are either not going to do it, or it will be prohibitively expensive to do so, meaning that the 401(K) system makes less money.  Also, wtf did the rich people do to deserve to be punished?"}
{"_id": "66119", "title": "", "text": "How can I calculate my currency risk exposure?  You own securities that are priced in dollars, so your currency risk is the amount (all else being equal) that your portfolio drops if the dollar depreciates relative to the Euro between now and the time that you plan to cash out your investments. Not all stocks, though, have a high correlation relative to the dollar.  Many US companies (e.g. Apple) do a lot of business in foreign countries and do not necessarily move in line with the Dollar.  Calculate the correlation (using Excel or other statistical programs) between the returns of your portfolio and the change in FX rate between the Dollar and Euro to see how well your portfolio correlated with that FX rate.  That would tell you how much risk you need to mitigate. how can I hedge against it?  There are various Currency ETFs that will track the USD/EUR exchange rate, so one option could be to buy some of those to offset your currency risk calculated above.  Note that ETFs do have fees associated with them, although they should be fairly small (one I looked at had a 0.4% fee, which isn't terrible but isn't nothing). Also note that there are ETFs that employ currency risk mitigation internally - including one on the Nasdaq 100 .   Note that this is NOT a recommendation for this ETF - just letting you know about alternative products that MIGHT meet your needs."}
{"_id": "66122", "title": "", "text": "Absolutely do not pay off the car if you aren't planning to keep it.  The amount of equity that you have from a trade in vehicle will always be a variable when negotiating a new car purchase.  By applying cash (a hard asset) to increase your equity, you are trading a fixed amount for an unknown, variable amount.  You are also moving from a position of more certainty for a position of less certainty.  You gain nothing by paying off the car, whereas the dealer can negotiate away a larger piece of the equity in the vehicle."}
{"_id": "66140", "title": "", "text": "\"Unfortunately main stream sources choose not to give this type of analysis and more often than not smell like spam to me. It probably is self serving to some degree but I think the distinction of a valid point from a \"\"biased\"\" perspective applies.\""}
{"_id": "66182", "title": "", "text": "From then on we've felt he was really pushy and rushing us to make a decision (we need to lock in a good rate, its a sellers market, it'll go fast, snooze loose, etc).  This is the first reason for walking away. I understand that all those factors might be true but my question is: How do I know we made a good offer? I'm going to be blunt, here: You don't. You work out ahead of time what you will pay (ignore the agent) and you make the offer on the basis of your own research, research you spent months undertaking. The listed price on the location is $375,000 and according to our agent similar units over the last few years had sold for that amount. So our agent suggested making an offer at market price.  According to the agent. I'm going to be blunt here, what do any of the real estate sites out there - that offer a wealth of information for free - indicate? If you don't know, then yet again you don't know if you made the right offer or not. Do some research now by yourself. I would be shocked if your offer was at the right level. Set your emotions aside - there are a gazillion houses out there."}
{"_id": "66183", "title": "", "text": "\"I'm surprised people don't bring this up more often....if you add together, not just our sovereign debt, but public and private debt, plus our contingent liabilities, meaning FHA, student loans, fannie mae, freddie mac, AIG, etc.  that totals over $100 TRILLION dollars, more than we could ever pay back, meaning literally there is no amount of growth and taxes that could ever pay this money back. (cite my sources do a google search of James Rickards Hopkins lecture it's in the first few minutes)  The reason you need to add all that together is because the economy can't grow if nobody has any money for investment, etc. (there isn't much home equity left after the housing crisis, retirement plans aren't holding as much, etc.) there wouldn't be an easy way to grow this economy, that's why we have \"\"currency wars\"\" competitive devaluations....to me we're already over the cliff I don't see us heading back, but I'm not saying that means we're going to collapse, just we'll need to go back to some sort of standard where our currency is backed by something (i.e. commodities or gold or something) and there are going to be A LOT of losses in the near term....meaning I want OUT of dollars....  combined with our lazy/entitled generation (don't tell me creating some website where you can order artistic candy on a stick is going to save our economy...we need to produce and innovate again to lower our trade deficit and so people actually bring their capital here), and dwindling resources I'd say it's already game over, the pieces just need to move into place\""}
{"_id": "66191", "title": "", "text": "The point of derivatives is to get rid of the risk you don't want so you can acquire exposure only to the risk you want. Who wants weather/temperature risk -- speculators. Who doesn't want that risk? Anyone who's core business is adversely affected by bad weather. It's the same reason multinational firms will hedge FX and interest rates. All a speculator is typically doing is taking the other side of the trade based on what they feel is the true price of the risk they are assuming"}
{"_id": "66198", "title": "", "text": "The money is still their money, it never becomes your money. The reason is as follows, The books now look like this:  YOU: Asset: Mattress Liability: 600   THEM: Asset: 600 Liability: Mattress  Now, in their books, they mistakenly thought the mattress was returned, and therefore they returned the mattress to you. The books now look like this  YOU: Asset: Mattress Liability: 600   THEM: Asset: Mattress (incorrect) Liability: 0  As you see, their books are wrong, but yours are still correct. According to your books, you owe them $600, which you paid, but then they paid you back. You still have the liability. Why not just depreciate the mattress by 50% over two years? Then there will be no liability on your books."}
{"_id": "66201", "title": "", "text": "\"There are a few major risks to doing something like that. First, you should never invest money you can't afford to lose. An emergency fund is money you can't afford to lose - by definition, you may need to have quick access to that money. If you determine that you need, for example, $3000 in emergency savings, that means that you need to have at least $3000 at all times - if you lose $500, then you now only have $2500 in emergency savings. Imagine what could've happened if you had invested your emergency savings during the 2008 crash, for example; you could easily have been in a position where you lost both your job and a good portion of your emergency savings at the same time, which is a terrible position to be in. If the car breaks down, you can't really say \"\"now's a bad time, wait until the stock market bounces back.\"\" Second, with brokerage accounts, there may be a delay before you can actually access the money or transfer it to an account that you can actually withdraw cash from or write checks against (but some of this depends on the exact arrangement you have with your bank). This can be a problem if you're in a situation where you need immediate access to the money - if your furnace breaks in the middle of winter, you probably don't want to wait a few days for the sale and transfer to go through before you can have it fixed. Third, you can be forced to sell the investments at an unfavorable price because you're not sure when you're going to need it. You'd also likely incur trading fees and/or early withdrawal penalties when you tried to withdraw the money. Think about it this way: if you buy a bond that matures in 5 years, you're effectively betting that you won't have an emergency for the next 5 years. If you do, you'll have to either sell the bond or, if you're allowed to get the money back early, you'll likely forfeit a good amount of the interest you earned in the process (which kind of kills the point of buying the bond in the first place). Edit: As @Barmar pointed out in the comments, you may also have to pay taxes on the profits if you sell at a favorable price. In the U.S. at least, capital gains on stuff held for less than a year is taxed at your ordinary income tax rate and stuff held longer than a year is taxed at the long-term capital gains tax rate. So, if you hold the investment for less than a year, you're opening yourself up to the risks of short-term stock fluctuations as well as potential tax penalties, so if you put your emergency fund in stocks you're essentially betting that you won't have an emergency that year (which by definition you can't know). The purpose of an emergency fund is just that - to be an emergency fund. Its purpose isn't really to make money.\""}
{"_id": "66206", "title": "", "text": "Don't think it would happen - at least not for the next 4-5 years - they just put a pretty significant investment into BAMTech to invest in building out stronger online offerings, and are presumably working on an ESPN ott (over-the-top) platform that's gonna roll out later this year (although we know how flimsy timelines are with major networks).  If the strategy doesn't work, or if Iger is hesitant to bet on switching to a more progressive technology (the future for cord-nevers, for sure) for the sake of appeasing shareholders, really the only turnaround strategy they have is the one they're pursuing currently - keep increasing carriage fees to cable/telecom providers so that they can continue to afford the rights they're stuck with for the next decade. If subscriber loss accelerates, or even continues at the current level they're at currently, ESPN won't be able to afford the cumulative rights fees by 2021, in which case we'll see what happens."}
{"_id": "66210", "title": "", "text": "\"Mathematically it's arbitrary - you could just as easily use the bid or the midpoint as the denominator, so long as you're consistent when comparing securities.  So there's not a fundamental reason to use the ask.  The best argument I can come up with is that most analysis is done from the buy side, so looking at liquidity costs (meaning how much does the value drop instantaneously purely because of the bid-ask spread) when you buy a security would be more relevant by using the ask (purchase price) as the basis. Meaning, if a stock has a bid-ask range of $95-$100, if you buy the stock at $100 (the ask), you immediately \"\"lose\"\" 5% (5/100) of its value since you can only sell it for $95.\""}
{"_id": "66219", "title": "", "text": "If you know the market will crash, you could opt for going short. However, if you think this is too risky, not investing at all is probably your best move. In case of crises, correlation go up and almost all assets go down."}
{"_id": "66230", "title": "", "text": "No, there is no minimum employee limit in order for a company to initiate an initial public offering."}
{"_id": "66237", "title": "", "text": "\"Idk I've worked at a tech startup and an ad agency that have these culture perks. There were certainly times here and there that you had to work late but really I wouldn't say it ever cut into work/life balance.   I was paid well, made great relationships, didn't feel over worked and still enjoyed these \"\"perks\"\".  Sounds like some people in this thread are jaded or just being taken advantage of.\""}
{"_id": "66238", "title": "", "text": "I don't believe that $1 billion in profits claim for a second. Running trains at over 200 MPH is extremely expensive, so much so that only the Chinese have been willing to do it in regular service. Countries with more credible accounting practices invariably lose money on high speed rail, so there's pretty much no way the Chinese are raking in ten figures just on one route."}
{"_id": "66240", "title": "", "text": "That's not the point of an entry level position.  [Why downvotes?  Do you all think people are ready to pop out 2 kids as soon as they graduate high school?  The point is to work entry level, gain skills, and move up the ladder.  You can't get to the top unless you step on the bottom rung first.]"}
{"_id": "66245", "title": "", "text": "\"Wow. I have played on those cymbals, and I never knew the history behind it.  Talk about built to last.  EDIT: and the important lesson from this is  &gt;Still, family businesses in the US tend to be criticised for not focusing on shareholders and quarterly profits. To a certain extent, the Zildjians say that's true.  &gt;\"\"That's one of the advantages of a privately-held business, whether it's a family business or not,\"\" says Craigie Zildjian. \"\"You're allowed to think long term. You don't have to play to the market.\"\"\""}
{"_id": "66246", "title": "", "text": "It looks like there's some confusion about the purchase price and reclaiming VAT. You should pay your supplier the total amount (\u00a310 + VAT in this scenario, so \u00a312) - look for this figure on the invoice or receipt. The supplier doesn't normally expect you to work this out for yourself, so I'd be a little surprised if it's not on there? As Dumbcoder's said, you'd then be able to claim the VAT back from HMRC if you were VAT registered. But seeing as you're not, then you don't need to worry about claiming it. And as for selling the product without VAT, you can (and probably should) increase the unit price to cover the extra cost, otherwise you'll be operating at a loss. Hope this helps!"}
{"_id": "66248", "title": "", "text": ""}
{"_id": "66251", "title": "", "text": "Checks are on the way out. The liability for even sending someone a check is worrying. Banks really do not look at these things very closely before cashing them, it's insane. If you're defrauded you will usually get restitution but it can take a long time to get them to pay up."}
{"_id": "66260", "title": "", "text": "They will pay, that's for sure. It's something common in many countries. Sometimes it is stolen money like Philipp said. Sometimes is money from mafia or terrorist groups that needs to be transferred so they use naive people whose profile wouldn't be suspicious if they get sums of money. They will look your past transactions to determine the amount of money they could transfer to you without alerting someone. Why? Because lets say you are a criminal. If you sell 10 kilos of cocaine, some bombs or girls for prostitution and receive the money lets say one million dollars in just one deposit in one bank account, someone will be knocking at your door very soon, it will be easy to prove the illegal source of the founds and you get nothing. If you have 25 guys working for you and they receive transfers and deposits of less amount frequently, from let's say 150 different accounts belonging to account holders with no criminal record. It is harder to be noticed and you could say they are legal activities (15000 a month received from entrepreneurs or 2500 from a housewife is not too much). It will be harder to prove that all the transactions come from illegal money and by the time it is proven usually the money has already gone somewhere else (by using another network of mules like your friend's). I don't know the laws where you are, but this is illegal in many countries. If you enter they won't let you out of the network, and when something goes wrong you will need to explain a lot."}
{"_id": "66261", "title": "", "text": "the spite machine thinks capitalism determines the best price for society or whatever people think society should be.  People seem to be confused, without regulatory authority, if there's an extra dollar to be made, capitalism will go for it.  The same can be said of things such as letting 1000 people die or getting tax breaks. If they're economically equivelent choices, capitalism will just flip a coin."}
{"_id": "66262", "title": "", "text": "According to the Colorado form CY104PN, Colorado taxes income earned while working in or being a resident of the State of Colorado. Assuming you never set foot in the State of Colorado, I read it as if you will only be liable to pay taxes in the State of New York (on all of your income, of course). You can get a more reliable opinion from a Colorado-licensed CPA."}
{"_id": "66267", "title": "", "text": "\"When I look at debt I try to think of myself as a corporation.  In life, you have a series of projects that you can undertake which may yield a positive net present value (for simplicity, let's define positive net present value as a project that yields more benefit than its cost). Let's say that one of the projects that you have is to build a factory to make clothing.  The factory will cost 1 million dollars and will generate revenue of 1.5 million dollars over the next year, afterwhich it wears out. Although you have the knowledge to build this wonderful factory, you don't have a million bucks laying around, so instead, you go borrow it from the bank.  The bank charges you 10% interest on the loan, which means that at the end of the year, the project has yielded a return of 400k. This is an extremely simplified example of what you call \"\"good\"\" debt.  It is good if you are taking the debt and purchasing something with a positive value. In reality, this should be how people should approach all purchases, even if they are with cash.  Everything that you buy is an investment in yourself - even entertainment and luxury items all could be seen as an investment in your happiness and relaxation.  If more people approached their finances in this way, people would have much more money to spend, William\""}
{"_id": "66277", "title": "", "text": "Yes it does. They are required to report all of those transactions to me before they happen.  I don't live a perfect life, in fact, far from it. But I sleep pretty good at night knowing that I'm at least doing this much."}
{"_id": "66283", "title": "", "text": "O Music Recordings has a wide variety of pro audio recording equipment which includes recording microphones, mixers, recorders, headphones, amps, accessories &amp; more. Get the guaranteed lowest prices, largest selection and free shipping on most Recording Equipment at Musician's friend. A recording is an element in O Music Recordings which can be connected to tracks on discharges. Each track should dependably be related with a solitary recording, yet a recording can be connected to any number of tracks. O Music Company many years of experience have provided us to gain contact with top levels artist."}
{"_id": "66302", "title": "", "text": "\"I can name far more non-real estate millionaires than those who are. That statistic isn't only not valid, it's not even close.  Update: The correct quote is \"\"90% of all Millionaires become so through owning Real Estate\"\" and it's attributed to Andrew Carnegie. Given that he was born in 1835, I can imagine that his statement was true at he time, but not today.\""}
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{"_id": "66323", "title": "", "text": "yup.  A related software services company anticipated this and have been migrating people to their own chat service for the last few years already by promising better features.  They have already won the battle.  I didn't want to use their service but now I am going to have to.  If I could I would put together an investor group to buy the AIM network and try to monetize it.  But I am sure trillian has already tried.  But if anyone else is down I'm down.  It can be monetized in my opinion."}
{"_id": "66329", "title": "", "text": "You're not being over taxed, the withholding is just aggressive.  Employer's don't know your whole tax situation, all they can go on is the amount they pay you minus deductions then extrapolate that to an annual number and withhold according to your W4. You could ratchet up your W4 exemptions and this will help your current withholding.  When you do your taxes next April this will all shake out and you will likely receive a large refund.   It's also worth noting that your federal withholding, given the numbers above, is just about 19% not 27%; which does match the federal tax table if your annual income was $72,000 as your semi-monthly paycheck indicates.  That should be closer to 14% at an annual income of $36,000.  The medicare related taxes are flat amounts.  So really you're talking about an approximately 5% discrepancy on the $18,000 you'll earn during this internship; or about $900. If you feel like you're being overtaxed, welcome to paying taxes."}
{"_id": "66338", "title": "", "text": "Car Rental From Pendle hill - Corporate Car Hire - Car Hire In Sydney  elite rental is proud to offer the best car rental from pendle hill,corporate car hire,car hire in sydney, not just by providing great prices, but also by offering additional services that provide you with added value each time you rent from Elite. Rental."}
{"_id": "66342", "title": "", "text": "Yes I do. I think it's irresponsible to not pay back your debt. Your response was the definition of millennial entitlement and why so many of you are socialists (think it's moral to steal from someone else).  Why is it responsible to take out a huge amount of debt and cross your fingers you get a job with a degree in gender studies?  Even if they did get a good major/school - what if they didn't work hard to network or add experience?  And even if they did get a job - what if they spent it all at the bar instead of living cheap and paying off the loan?  Why do they get a break and I don't for being responsible and living cheap?"}
{"_id": "66356", "title": "", "text": "In a sole proprietorship AND an LLC, the expenses can still be deducted against the profits or losses from the operations. The IRS does not even require that a profit seeking activity be incorporated under its own entity, hence why this is also applicable in a sole proprietorship. From what you've said, there is no reason to use a more complicated and costly corporate structure at all. In comparison, a sole proprietorship and single-member LLC will be completely pass through entities to the IRS and all of their earnings go to you. With the LLC you have the option of letting the LLC's earnings remain with the entity itself, or you can just treat it as your own and pay individual income taxes on it. This has nothing to do specifically with a gambling business and is largely a red herring to your profit seeking motives. Gambling in casino games and lotteries already enjoy favorable tax treatment in some regards. Gambling in capital markets also enjoy a myriad of favorable tax laws. A business entity related to this purpose should be able to deduct costs related to this trade (and pass an audit more convincingly than not having formed an LLC and business bank account)"}
{"_id": "66376", "title": "", "text": "I'd try to (gently) point out to your husband that what he thinks he wants to do now and what he might want to do in 20 or 30 years are not necessarily the same thing. When I was 40 I was thinking that I would work until I died. Now I'm 58 and have health problems and I'm counting down the days until I can retire. Even if your husband is absolutely certain that he will not change his mind about retiring in the next 20+ years, maybe something will happen that puts things beyond his control. Like medical problems, or simply getting too old to be able to work. Is he sure that he will be able to continue to put in 40 hour weeks when he's 80? 90? 100? Just because you put money away for retirement doesn't mean that you are required to retire. If you put money away, and when the time comes you don't want to retire, great! Now you can collect the profits on your investments in addition to collecting your salary and live very well. Or have a nice nest egg to leave to your children. Putting money away for retirement gives you options. Retirement doesn't necessarily mean sitting around the house doing nothing until you waste away and die of boredom. My parents were busier after they retired then when they were working. They spent a lot of time on charity work, visiting people in the hospital, working with their church, that sort of thing. Some people start businesses. As they have retirement income coming in, they don't have to worry about the business earning enough to provide a living, so they can do something they want to do because they think it's fun or contributes to society or whatever. Etc."}
{"_id": "66380", "title": "", "text": "I too bought a car on eBay in 2002 . I flew to Georgia from Ohio to pick it up. It was an awesome experience and the car was a great car for me I loved it ! The whole experience was perfect.  I Would never do that now!"}
{"_id": "66385", "title": "", "text": "Yes, you can blame the consumer, and that's fair. But the question is, are our labelling laws pretty good? And the answer is no, especially when conpared to comparably affluent countries. Not. At. All.   What I described is an intentionally created loophole used to mislead the consumer. It's ridiculous."}
{"_id": "66393", "title": "", "text": "Anarchy is an absence (or nonrecognition) of all governing authority .... I certainly don't (and didn't) confuse that with capitalism.   But capitalism is control of trade and industry by private entities rather than by government - attempting to guide the economy at large to a specific outcome through government regulation is at odds with capitalism.   However, we obviously have never had a purely capitalist system, and I don't see that changing anytime soon."}
{"_id": "66397", "title": "", "text": "\"~~Not only would it be illegal, but~~ the $10k doesn't even sound like it would be a \"\"bonus\"\" of any sort for doing so. From the article:  &gt; If a restaurant opts in, it'll get a $10,000 gift from Visa (V) **to help pay for technology upgrades**, the company said.  Emphasis is mine.  ---  **Edit ::** I was curious about this, so I started doing a little reading-up on businesses not accepting cash. It turns out that it **is legal** to refuse cash, but only if there is no debt to pay. If you get your product first, then there's a debt to pay, and the business must accept cash. If the customer pays first, then there's *no* debt to pay (the customer is already paid up), so the business *does not* have to accept cash.  Link for the info: https://u.osu.edu/zagorsky.1/2016/08/05/do-businesses-have-to-accept-cash/  There are plenty of additional articles that talk about it, but I opted to link this one as it's a recent article by an economic researcher at a university. I figured that, if I'm going to link something, a primary source is probably better than a news agency reporting on it.  It's kind of interesting, really, and I wonder how it would work in a place such as a restaurant. You typically get your food first, and pay later. This creates a scenario where the customer is in debt to the restaurant, so the restaurant would theoretically have to accept cash. However, if you pay first, *then* get your food, you don't have an outstanding debt, and thus the restaurant doesn't have to accept cash.  Looking at the article again about Visa's offer, two of the types of groups it mentions are cafes and food trucks, which typically require you to pay before you get your food. This would mean that the customer isn't in debt to the service, and thus cash can be refused.  How that would work out at a restaurant is another question entirely, as the vast majority of the American restaurant-goers expect to pay *after* they eat. This may be why the article specifically mentions *small business* restaurants. A local mom'n'pop restaurant is going to have a much easier time going cashless than a national chain would (and the $10k would do more for them to update their systems than it would for the national chain). Additionally, people might be more willing to accept the different practices at a mom'n'pop restaurant than they would at a nation-wide chain.  Definitely an interesting bit of reading, and a fun bit of learning!\""}
{"_id": "66399", "title": "", "text": "\u201cThe Nobel Prize winner argues that an economy dominated by large corporations has failed the many and enriched the few.\u201d We need to apply that thesis to the current duopoly in our political system.  Having two extreme parties, with the number of \u201csafe\u201d seats in the Congress and the Senate far outweighing those in swing states or districts, means that the two national political parties dictate our political discourse.  For those safe seats, the parties also essentially anoint representatives and senators, with the elections being a mere formality. Term limits would help, or at least change the current dynamic, as would barring former representatives and senators from lobbying for five years.  Finally, making Congress subject to the laws it passes would also help. But the parties will never agree to modify the current system; both parties benefit too much from it."}
{"_id": "66411", "title": "", "text": "Maybe tell them you also have projects you're bidding in the US and to link you up with the highest volume distributors in US?  Then buy in US and import yourself? Don't tell the us distributors your plan because they wouldn't want to step on toes of other distributors."}
{"_id": "66431", "title": "", "text": "A better idea if applicable is to borrow 50K (max allowed) to buy a house and pay interest to yourself instead of a bank. And none of that origination and closing fees lost to the lender"}
{"_id": "66437", "title": "", "text": "\"Funny you mention that. I actually prefer Vons food delivery over Amazon Fresh, mostly because of selection options... Amazon Fresh is great if you want boutique food items like organic happy meats and free range ketchup, but I'm not interested in a 200 dollar grocery bill for 12 items, even if they're supposedly superhomeopathic foodstuffs.  This may change now with the purchase of Whole Foods, although I'm not going to hold my breath... There's a reason why the chain has the nickname \"\"Whole Paycheck\"\" after all.\""}
{"_id": "66451", "title": "", "text": "&gt;Russia, America, Canada, China. Those are the easy ones off the top of my head.  **Russia?** Lol. Are you serious? **America?** Not a country. **China?** Nope. You been listening to Trump too much. http://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/charts/2017/06/1498096935_Capture.JPG **Canada?** 1 percent import tariff? Again you must be joking. Tax subsidy is not same as protectionism.   **And Russia?** Again, are you joking? or you been drinking Putin Trump coolaid too much?   &gt;Want more examples?   More examples of what? Poor as hell countries? or countries not under protectionism.  &gt;... So you're saying they're hunting dogs and pigeons in the streets because of phones? You're saying they're desperate and starving because of phones?  How many logical fallacies are you trying with that statement. Including Trumpers favorite cognitive dissonance.  Point was they are desperate and starving cause of stupidity of government and people to think protectionism was ever good. Imagine our economic growth if phones costed ~$2K. Welcome to Argentina with their protectionism.  Argentina GDP per capita [+] 2016 12,432$  US 57,436$ 2016 GDP per capita [+]"}
{"_id": "66452", "title": "", "text": "Grocery delivery in the U.K. has been a fairly successful thing for some time and most supermarkets offer this service. I guess the short distances involved makes it easier to operate, typically groceries on offer are the same as in the store and at the same prices, you just pay for it to be delivered in a refrigerated truck. Items are usually picked in the store although some distribute from a central warehouse so perhaps either could be utilised by Amazon, either to addresses nearby a Whole Foods retail store or sell some products from a delivery hub."}
{"_id": "66453", "title": "", "text": "\"The pros and cons of investing in a closed end fund both stem from the fact that the price per share is likely to differ from the net asset value (NAV) of the underlying assets. That could work to your advantage if the fund is selling for LESS than NAV, or at a discount. Then you get the \"\"benefit of the bargain\"\" and hope to sell the shares in the future for \"\"par\"\" or even a premium (MORE than NAV). On the other hand, if you buy such a fund at a premium, you stand to have a RELATIVE loss if the value of the fund goes back to par (or a discount) compared to NAV. That's because a closed end fund has a FIXED number of shares, with the assets continually being reinvested. In essence, you are \"\"buying out\"\" an existing shareholder of the fund at a price determined by supply and demand. This differs from an OPEN end fund, in which your contribution creates NEW shares (all other things being equal). Then the fund, has to invest YOUR money (and charges you a fee for the service) on exactly a pro rata basis with other investors in the fund, meaning that you will enter and exit such a fund at \"\"par.\"\" In either case, your return depends mainly on the performance of the underlying assets. But there are premium/discount issues for investing in a closed end fund.\""}
{"_id": "66454", "title": "", "text": "Thanks for your reply. I had heard of utilitarian principles used to justify slavery and felt like a dick so I spent some time on Wikipedia familiarizing myself with it before replying.  Following quotes are from Wikipedia, unless stated otherwise  Link - https://en.wikipedia.org/wiki/Utilitarianism &gt; Utilitarianism is a theory in normative ethics holding that the proper course of action is the one that maximizes overall happiness.  Sounds reasonable  Seems there are two schools of thought   &gt;Act utilitarianism maintains that an action is right if it maximises utility;  &gt;rule utilitarianism maintains that an action is right if it conforms to a rule that maximises utility.  It is something that has been criticized by both Karl Marx as well as Pope John Paul II so it can't be all bad :)  &gt;Act and rule utilitarians differ in how they treat human rights themselves. Under rule utilitarianism, a human right can easily be considered a moral rule. Act utilitarians, on the other hand, do not accept human rights as moral principles in and of themselves, but that does not mean that they reject them altogether: first, most act utilitarians, as explained above, would agree that acts such as enslavement and genocide always cause great unhappiness and very little happiness; second, human rights could be considered rules of thumb so that, although torture might be acceptable under some circumstances, as a rule it is immoral; and, finally, act utilitarians often support human rights in a legal sense because utilitarians support laws that cause more good than harm.  I think the above means I would be ~~an act~~ a rule utilitarian, if I was one.  However, the page linked to something else which is what I use in my decisions, most of the time -  https://en.wikipedia.org/wiki/Decision_theory  &gt;Decision theory in economics, psychology, philosophy, mathematics, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to the field of game theory as to interactions of agents with at least partially conflicting interests whose decisions affect each other.  However, you brought up an excellent point. If every relation is reduced to a balance sheet, the world would be a sad place indeed. I will think more deeply about the moral consequences of my thinking, especially on the topic of healthcare since obviously, I have not thought enough.  Your comment deeply appreciated."}
{"_id": "66460", "title": "", "text": "This security looks like it will require patience for it to pay off. The 200 day moving average looks as if it will soon cross over the 20 day moving average. When that happens the security can be said to be in a bull run.  http://stockcharts.com/h-sc/ui?s=UWTI&p=D&yr=1&mn=6&dy=0&id=p10888728027 However, this is just speculation... trying to make money via 'buy low, sell high' as I have stated previously, you have about a 25% chance of buying at the low and selling at the high. Better to buy into a fund that pays dividends and reinvest those dividends. Such as: http://www.dividend.com/dividend-stocks/uncategorized/other/pgf-invesco-powershares-financial-preferred-portfolio/ http://stockcharts.com/h-sc/ui?s=PGF&p=D&yr=1&mn=6&dy=0&id=p59773821284"}
{"_id": "66466", "title": "", "text": "I'm not the guy you're responding to, but you asked a good question. There's a dearth of data, but [about 1% is the estimate.] (http://www.businessinsurance.com/article/20110814/NEWS03/308149986#)  Either way, having increased young adults on an insurance plan is a good thing. Socially, this demographic is exceptionally stinging from the Great Recession and I think the ability to give young adults health insurance (and thus the freedom to start developing a career without worrying about health coverage) outweighs the nominal additional premium costs. Fiscally, having young adults in a group plan decreases the risk profile of that plan since young adults don't incur the same expenses that a 45 or 50 year old would."}
{"_id": "66470", "title": "", "text": "Right you **don't** ever want to use that account for your traditional 401k rollovers.  Realistically, you could *probably* still have it reclassified as a traditional IRA and roll your traditional 401ks into it, which was basically your original idea except none of the funds would be Roth; but if you see yourself ever potentially contributing to a Roth IRA going forward (which makes all the more sense if you have only traditional 401k funds in your retirement portfolio so far), there's nothing *wrong* with having both types of IRA at the same time.  But no, don't cross the streams!  :)"}
{"_id": "66471", "title": "", "text": "Apple was named after a piece of fruit Yahoo! Was named after rednecks Google is named after something nobody has ever heard of Amazon has nothing to do with a jungle   Just pick a name. It doesn't matter. If you're successful, people will know how to find you."}
{"_id": "66476", "title": "", "text": "It's pretty simple.  - Increase banks ability to lend for...    a. mortgages    b. Small businesses  Banks have tremendous quantities of cash trapped on their balance sheets that should be deployed into the economy where it generates growth, jobs, and strengthens the middle class.   - improve infrastructure   Our infrastructure is in disrepair and improving it will generate growth and something to show for the massive debt load we've accumulated for our nation.   - repatriation holiday This capital needs to be working in our economy. - Increase taxes  The massive flood of liquidity we've seen from the FED, what we should be seeing released from banks, and then what we should see from corporations repatriating cash will need to move through the economy and and going to work. Then, taxed; reducing deficits and eventually liquidity. - raise interest rates  In that order.   Capital moves through the market at different rates and paces. I'm usually for lower taxes, but it isn't always the solution.   Lower taxes, reduced regulation, and low interest rates are all different ways of increasing liquidity, but should be increased/reduced at different parts of the economic cycle.   Dimon is right about Washington. This is bullshit."}
{"_id": "66478", "title": "", "text": "Meh...I have run out of things that I really need. I already have a TV that works fine. I'm not buying some kind of 'Echo' spyware microphone for my home, etc. Unless they are literally giving things away, I don't see the big deal."}
{"_id": "66482", "title": "", "text": "&gt;  We have one coal plant in Oregon and the other power comes from renewable sources such as water and air.   [On a per population basis, we actually have you beat in terms of coal power generation.](http://en.wikipedia.org/wiki/List_of_power_stations_in_California)  In fact, the one coal station Oregon has has almost twice the MW output as all seven of California's *combined*"}
{"_id": "66483", "title": "", "text": "If corporations are really people, then they should get the death penalty. Fuck everything about this company. Their negligence caused a data breach that compromised the financial security of our entire country. That's treason in my book. We are going to feel the effects of this for years to come so they better go down for this."}
{"_id": "66492", "title": "", "text": "You're charging service fees as a conduit entity for these tickets. While the service fee is not a fixed rate, but a percentage, you would need to record each purchase at dollar amount. To illustrate, it would look like:   Now, to your question:  How do I report this on my taxes? You would first start out by filing your Schedule C from the eyes of the business (the money you earn at your job, and the money you earn as a business are different). Just keep a general journal with the above entry for each sale and close them down to a simple balance sheet and income statement and you should be fine. Of course, read the instructions for your Schedule C before you begin.  As always, good luck."}
{"_id": "66495", "title": "", "text": "\"(I'm expanding on what @BrenBarn had added to his answer.) The assumption of \"\"same tax bracket in retirement\"\" is convenient, but simplistic. If you are in, for instance, the second-lowest bracket now, and happen to remain in the second-lowest bracket for retirement, then Roth and traditional account options may seem equal \u2014 and your math backs that up, on the surface \u2014 but that's making an implicit assumption that tax rates will be constant. Yet, tax brackets and rates can change. And they do. The proof. i.e. Your \"\"15% bracket\"\" could become, say, the \"\"17% bracket\"\" (or, perhaps, the \"\"13% bracket\"\") All the while you might remain in the second-lowest bracket. So, given the potential for fluctuating tax rates, it's easy to see that there can be a case where a traditional tax-deferred account can yield more after-tax income than a Roth post-tax account, even if you remain in the same bracket: When your tax bracket's tax rate declines. So, don't just consider what bracket you expect to be in. Consider also whether you expect tax rates to go up, down, or remain the same. For twenty-something young folk, retirement is a long way away (~40 years) and I think in that time frame it is far more likely that the tax brackets won't have the same underlying tax rates that they have now. Of course, we can't know for sure which direction tax rates will head in, but an educated guess can help. Is your government deep in debt, or flush with extra cash? On the other hand, if you don't feel comfortable making predictions, much better than simply assuming \"\"brackets and rates will stay the same as now, so it doesn't matter\"\" is to instead hedge your bets: save some of your retirement money in a Roth-style account, and some in a traditional pre-tax account. Consider it tax diversification. See also my answer at this older but related question:\""}
{"_id": "66501", "title": "", "text": "In fairness, questions from Monday also have a much greater window to be answered.  I agree with the fuckboy, but to be quite honest I also think the regular users are pretty good at surveying for new comments and answering, so it probably wouldn't make much difference."}
{"_id": "66512", "title": "", "text": "Actually, lab grown meat will be cheaper and more plentiful.  To have a cow pregnant, birth, raising the calf, feeding it, cleaning it, butchering it, etc is MUCH MORE COSTLY than meat grown continuously in a clean lab with no disease, butchering, feeding, etc.  Actually cows, sheep and goat are a HUUUUGGGGE factor in global warming."}
{"_id": "66534", "title": "", "text": "Realization is, literally, when something is made real. For example, let's say that you own some stock.  You bought the stock for $1000, and after many years the stock is worth $10,000.  Your investment has gained $9,000.  However, you don't actually have this $10,000; you just own stock that is supposedly worth $10,000 on paper.  Tomorrow, the value of the stock could plummet and only be worth $8,000.  But if you sell your stock today and obtain this $10,000, the gain has now become real.  You have realized a $9,000 gain. In investing, realization of a gain or loss occurs when an asset that you own has been sold for more or less than what you purchased it for.  Before the asset is sold, you only have a theoretical gain or loss based on what you might receive if you sold the asset today.  And tomorrow, that theoretical gain or loss could change."}
{"_id": "66542", "title": "", "text": "Looking for trusted SEO Consultant in Florida? Christian Ventures is best seo company in Florida provide delivering the highest impact SEO and corporate branding strategies to our clients with a proven record for Increasing Sales. For more information call us on (727) 906 2943."}
{"_id": "66560", "title": "", "text": "Thanks again for this enlighting reply.  It really opened my mind to read about this FTP'ing thing, I wonder if some    factories forceclosure, quite a lot lately in France,  weren't directly tied to this kind of boggus bad results from this kind of financial scheme..."}
{"_id": "66566", "title": "", "text": "My one beef with this article is that the author seems quite sympathetic to the company, and does little to acknowledge the actual harm done to the plaintiff (apart from the factual description of his claim). Nonetheless,  I thought this was worth sharing, and I'll highlight this part from near the bottom:  &gt; Although the Minnesota statute at issue in Vaidyanathan is unique, other similar causes of action, such as common law fraud and negligent representation, are available throughout the country, meaning that any employee or applicant can bring a lawsuit against an employer claiming that the employer made misrepresentations about the material terms or conditions of employment and/or fraudulently induced the individual to accept the position."}
{"_id": "66595", "title": "", "text": "Thank you hyper333active for voting on autotldr.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "66603", "title": "", "text": "This More or Less podcast has a fantastic section on executive pay in the US and UK. With some economists whose research determined that there is basically no relation between remuneration and performance.  In Germany, Switzerland etc where there are different rules and factors there is less overall executive pay and it is far more tied to performance.   http://downloads.bbc.co.uk/podcasts/radio4/moreorless/moreorless_20120511-1640a.mp3"}
{"_id": "66607", "title": "", "text": "From The Prospectus for VTIVX;  as compared to the Total Stock Market Fund;  You can see how the Target date fund is a 'pass through' type of expense. It's not an adder. That's how I read this."}
{"_id": "66626", "title": "", "text": "\"I recommend a Roth IRA. At your age you could turn 25K into a million and never pay taxes on these earnings. Of course there are yearly limits (5.5k) on the amount your can contribute to a Roth IRA account. If you haven't filed your taxes this year yet ... you can contribute 5.5K for last year and 5.5K for this year.  Open two accounts at a discount brokerage firm. Trades should be about $10 or less per. Account one ... Roth IRA. Account two a brokerage account  for the excess funds that can't be placed in the Roth IRA. Each year it will be easy transfer money into the Roth from this account. Be aware that you can't transfer stocks from brokerage acct to Roth IRA ... only cash. You can sell some stocks in brokerage and turn that into cash to transfer. This means settling up with the IRS on any gains/losses on that sale. Given your situation you'd likely have new cash to bring to table for the Roth IRA anyway. Invest in stocks and hold them for the long term. Do a google search for \"\"motley fool stock advisor\"\" and join. This is a premium service that picks two stocks to invest in each month. Invest small amounts (say $750) in each stock that they say you should buy. They will also tell you when to sell. They also give insights into why they selected the stock and why they are selling (aka learning experience).  They pick quality companies. So if the economy is down you will still own a quality company that will make it through the storm. Avoid the temptation to load up on one stock. Follow the small amount rule mentioned above per stock. Good luck, and get in the market.\""}
{"_id": "66631", "title": "", "text": "That's one kind of tune. A more common one are in cars with different driving modes. Such as sport, sport+, rain, off road etc.    These modes adjust air fuel, retard timing, adjust throttle response, along with transmission shift points and sensitivity. All controlled with a button inside the car."}
{"_id": "66640", "title": "", "text": "\"You say \"\"minimum wage was never meant to be enough to live off from[sic]\"\".  I link a quote from the guy who started minimum wage, and you change the topic.  Nice deflection, but you're still wrong.  We're not arguing if it works or not, you started off arguing intention.\""}
{"_id": "66644", "title": "", "text": "As far as Driving Schools in Roxburgh Park are concerned, we at HOGGS Driving School are one of the best out there, not to mention the fact that we have a very large list of varied services in store for you. Do give us a call at the very earliest.                    Address: 112 Royal Terrace, Craigieburn, Victoria 3064,   Ph.no: 0416 243 024"}
{"_id": "66649", "title": "", "text": "In month 9 you still owe $7,954.25. You need to pay that, plus the $250. At that line, you haven't made the payment, the rest of the line with next month's payment due. So you haven't paid the $242.47 in col 4."}
{"_id": "66653", "title": "", "text": "AAA Tour Costa Rica is a premier travel and tour organizer in Costa Rica providing an amazing, affordable and adventurous tour packages. We are a registered and licensed travel business in Costa Rica and our vacation tour includes visits to stunning locations like the gorgeous beaches on Pacific and the Caribbean coasts, rain forest and cloud forest, relax in natural hot springs, adventure tour like Zip lines or canopy tour, rafting, rappelling, horseback riding, or do a fun tour on ATVs by Arenal volcano or through palm plantations near Manuel Antonio, and horseback riding.  http://tucando.com/Costa+Rica/Alajuela/San+Carlos/AAA+Tours"}
{"_id": "66665", "title": "", "text": "Dan - there are other choices. What rate do you have on this mortgage? And what is the value of the home? With a bit of patience and effort, you may be able to lower your rate and save some portion of that $100k you think you can grab.  There is no factual answer here. The negative will show for 7 years, and only you can determine whether that's worth it. If in that time the value comes back you may very well be in a worse position, looking to buy a new home that's now well above where it is today. It's possible the current prices are overshooting on the downside, if unemployment drops and consumer confidence returns, you may be back to break-even sooner than you think. As an aside, I find it curious that the Trumps of this world can manipulate the system, creating multiple entities, filing for bankruptcy, yet protecting his own assets, and his wealth is applauded. Yet, asking the question here so many attack you, verbally. The Donald has saved himself billions through his dealings, I don't judge you for asking this question when it comes to $100k. When Trump's net worth was negative, he should have had his property taken away, and been handed a broom."}
{"_id": "66672", "title": "", "text": "Are you looking buyers for cash to sell your property? If the answer is affirmative, then it is a good option to seek house buyers in Florida. If you choose GHarveyBuysHouses, then it's a promise that We Buy Any House with successful buying transactions and these transactions are best handled by the full support team."}
{"_id": "66675", "title": "", "text": "While your stat about the income brackets is correct, the results in those upper brackets was a win by 2%.  Where you go off the rails is in regard to education.  It's Trump who won the uneducated vote and Hillary that won the educated vote.  It has been a problem with the news media to conflate education and wage ... but you seem to be doing it too.  The results are:  http://www.businessinsider.com/exit-polls-who-voted-for-trump-clinton-2016-11/#by-income-clinton-led-only-among-voters-with-a-2015-family-income-under-50000-a-group-that-included-36-of-the-voters-in-the-exit-polls-4"}
{"_id": "66676", "title": "", "text": "All the guidelines in the world won't help after the fact. We've just fielded a similar question, How big of a mortgage can I realistically afford? The reality is this - the numbers are all based on averages, and on what banks have determined safe ratios to be. Those ratios don't know if you are single or a couple with no children, or have 4 kids. They don't know if you like to take 2 exotic vacations a year, or stay home and build furniture for the grandkids.  To get to the point - Once you're in the house and are paying the mortgage, only you know how your budget is doing. If you love the house and don't mind paying XX% of income to live in that house/location, then it can be right for you."}
{"_id": "66679", "title": "", "text": "You say that like there is something special that binds workers together. The fact that we all work isn't an obligation to support other people who work, especially when they are arguing without a leg to stand on. It's every man for himself in this world, or at least working towards common goals with people who have more in common than the fact that they are also labor."}
{"_id": "66692", "title": "", "text": "The definition of a whitepaper varies heavily from industry to industry, which can be a little confusing for marketers looking to create one for their business. The old school definition comes from politics, where it means a legislative document explaining and supporting a particular political solution.  In tech, a whitepaper usually describes a theory behind a new piece of technology. Even in the business world, there are a variety of definitions -- some more product-centric than others.  A whitepaper is a persuasive, authoritative, in-depth report on a specific topic that presents a problem and provides a solution.  In information technology, a white paper is often a paper written by a lead product designer to explain the philosophy and operation of a product in a marketplace or technology context.  Here is [White paper explained in detail](https://whatis.ciowhitepapersreview.com/definition/Whitepaper/) . I recommend to create account for ciowhitepapersreview.com, they will not send any promotional emails instead you can log in and download as many white papers as you want. Tradepub is also a good option to read latest white papers though it taks a lot of time to download from their website."}
{"_id": "66716", "title": "", "text": "\"n1. go to tradeworx.com and you can read some papers.  2. Revenues of hft have gone down substantially. About 15 years ago the total market was around 7 billion, it has dropped to 1 billion this year.  3. \"\"no goods or valuable services are produced.- That is false. hft provides liquidity and low spreads. There is a reason why you can buy or sell a share of a stock and the spread is 1 penny. One of the main reasons to go public is to have the secondary market liquid.   There is a reason you can instantly sell or buy a stock... Do you realize you used to have to actually call your broker and he had to negotiate an order on the floor? hft makes the markets more efficient. The average person can sign up an online acct and trade/invest for basically nothing. Why do you think that is?  finally who are you to say how I can or can not allocate my money. If I develop my own strategy that trades every second why can't I?\""}
{"_id": "66717", "title": "", "text": "It's the percent of your gross income put into savings. You make 60000/year, and save 6000, that's 10%.  You can certainly say that you paid 10000 in tax so you really saved 6000/50000, or 12%, if that will make you feel better, but the saving rate is typically based on gross income."}
{"_id": "66744", "title": "", "text": "As others have said getting on a written budget before each month starts is the most important part. Also, I'm a big fan of cash budgets as well. They aren't for everyone and they take a little getting used to, but once you get used to them you'll never want to go back.  In a cash budget you take whatever you have budgeted for the month for each category and withdraw the amount needed from the bank. These go into an envelope for each category, i.e. food, clothes, entertainment, etc. If a 3 weeks into the month you run out of money in that envelope you are done spending money in that category. For example, if it's the food envelope and you run out it's time for you to start eating leftovers and whatever you've got in the pantry. You lose out on advantages like points gained on credit cards and whatnot but statistically people that spend cash spend much less overall and you get some enforced self control that you otherwise might not have."}
{"_id": "66749", "title": "", "text": "\"#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Starve the beast**](https://en.wikipedia.org/wiki/Starve%20the%20beast): [](#sfw)   ---  &gt;  &gt;\"\"__Starving the beast__\"\" is a political strategy employed by [American conservatives](https://en.wikipedia.org/wiki/American_conservatism) in order to limit [government spending](https://en.wikipedia.org/wiki/Government_spending)    by [cutting taxes](https://en.wikipedia.org/wiki/Tax_cut) in order to deprive the government of revenue in a deliberate effort to force the federal government to reduce spending.  &gt;The term \"\"the beast\"\" in this context refers to [the United States Federal Government](https://en.wikipedia.org/wiki/U.S._government) and the programs it funds, using mainly American tax payer dollars, particularly social programs  such as [education](https://en.wikipedia.org/wiki/Public_education_in_the_United_States), [welfare](https://en.wikipedia.org/wiki/Welfare_(financial_aid\\)), [Social Security](https://en.wikipedia.org/wiki/Social_Security_(United_States\\)), [Medicare](https://en.wikipedia.org/wiki/Medicare_(United_States\\)), and [Medicaid](https://en.wikipedia.org/wiki/Medicaid).   &gt;On July 14, 1978, economist [Alan Greenspan](https://en.wikipedia.org/wiki/Alan_Greenspan) gave testimony to the U.S. Finance Committee: \"\"Let us remember that the basic purpose of any tax cut program in today's environment is to reduce the momentum of expenditure growth by restraining the amount of revenue available and trust that there is a political limit to [deficit spending](https://en.wikipedia.org/wiki/Deficit_spending).\"\"   &gt;====  &gt;[**Image**](https://i.imgur.com/9Mngpro.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Ronald_Reagan_televised_address_from_the_Oval_Office,_outlining_plan_for_Tax_Reduction_Legislation_July_1981.jpg) - *Ronald Reagan gives a televised address from the Oval Office, outlining his plan for tax reductions in July 1981*  ---  ^Interesting: [^Lee ^Atwater](https://en.wikipedia.org/wiki/Lee_Atwater) ^| [^Tax ^cut](https://en.wikipedia.org/wiki/Tax_cut) ^| [^Grover ^Norquist](https://en.wikipedia.org/wiki/Grover_Norquist) ^| [^History ^of ^the ^United ^States ^public ^debt](https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjk42oq) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjk42oq)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)\""}
{"_id": "66753", "title": "", "text": "\"Asking why the p/e was so high is best answered \"\"because reported earnings were so low\"\". Recall that the S&P500 bottomed in early March 2009 when the panic of the financial crisis reached exhaustion.  As noted on the page you have linked, the reported p/e ratios are computed using reported earnings from the trailing twelve months.  During those twelve months the banks were writing down all of the bad debt associated with the mortgage backed securities that has lost so much value.  This meant that the banks were reporting negative earnings.  Since the financial sector is a large part of the S&P500, this alone had an enormous effect on the index p/e.  However, the problem was compounded by a general collapse in earnings across the economy as consumers reacted to the resulting uncertainty.  The same site reports earnings for the previous years at $17.11 for the S&P500, compared to $76.17 for the year prior to 2008.  That is a collapse of about 78% in earnings.  Although the S&P500 has suffered badly during this time, stock market investors being forward looking were starting to price in improved earnings by May 2009.  Indeed, the S&P500 was up about 33% in just two months, from its low in March2009 to mid May2009.  Thus, by May of 2009 prices were not suffering to the same extent as reported trailing earnings.  This would account for the anomalous p/e value reporting in May2009.\""}
{"_id": "66754", "title": "", "text": "Every 401(k) has managers to make the stock choices.  They all have different rates.   You want to see that fidelity or Vangard is handling your 401(k).(and I am sure others)   If you have a mega bank managing your funds or an insurance company odds are you are paying way to high management fees. So find out, the management fees should be available should be less than 1%.  They can get as high as 2%...Ouch"}
{"_id": "66767", "title": "", "text": "\"It's not a cure, Hollywood is a cancer on artists.  They want to control all art because sometimes, artists have something important to say and that can bring about scary change.  Change is hard to control.  and it's not \"\"pirating,\"\" it's a solution to an efficient distribution method. I haven't payed for a movie, theater tickets, DVD, etc in years.  When I buy books, I buy them from small publishers.  Sure, I can't shoot the shit with my co-workers about the latest [Batman propaganda](http://www.youtube.com/watch?v=zq0GRCkegDM), spinning our wars as some kind of epic justice, but that's a small price to pay to have a lot more money in my pocket at the end of the year.\""}
{"_id": "66769", "title": "", "text": "What perpetrators, the neckbeards on reddit?  They don't need to - if transacting in it were declared illegal, it would become useless.  It only has utility if it can be used to buy things or exchanged for real money.  It may retain some niche value, like gold coins in WoW, or in failed 3rd world countries, but real corporations and banks in the developed world would be out."}
{"_id": "66772", "title": "", "text": "Does it make sense to calculate the IRR based on the outstanding value of the project, or just use the cash flows paid out? Let's assume I invest x amount every year for 49 years, and the investment grows at a constant rate, but I do not get dividends before (which will be constant) 50 years later. I assume that the value of the investment will decline as it pays dividend, and will be worth 0 when the dividends stop.   Do I calculate the IRR as the negative streams of outflows for the first 49 years and then positive cash inflows from 50 year in the future? If I apply this method, the IRR will be very low, almost equal to the annual expected return.  Or based on the current value of the project for each year combined with cash outflows for the first 49 years and dividends from year 50? If I apply this method, the IRR will be a lot higher than the first method."}
{"_id": "66774", "title": "", "text": "Bloomberg is very popular, especially for researching individual companies. Market QA and Factset are popular for analyzing data. Microsoft Excel and Matlab are very common for analyzing the data.  Lots of time traders will take data from Bloomberg, Market QA, Factset or where ever, and then actually preform their analytics in Excel or Matlab. A lot of the brokers provide their own software to traders using their platform, and that software can also contain different tools to help the traders as well."}
{"_id": "66794", "title": "", "text": "Here is a simple way to analyze the situation. Go to your bank or credit union website and use their loan calculator with their current real interest rates and down payment requirements. Enter the rate, and number of years. Enter different values for the loan amount to get the monthly payment to the level you want ($400). Today for my credit union, the max loan would be about $9,500. Keep in mind there may be taxes, registration fees, and down payment on top of this. Jump ahead two years. The loan is paid off, the car is owned free and clear. You will be able to sell it and get some money in your pocket.  If you go for a longer term loan to keep the payments under your goal the issue is that in two years you might be upside down on the loan. The car may be worth less than the remaining balance on the loan. Your equity would be negative."}
{"_id": "66797", "title": "", "text": "&gt;how could they possibly do that from a meaningful methodological point of view?  By years of experience, training, and hard work.  &gt; Do you really think that have any real practical understanding of the situation,   Economically, yes  &gt; would that make any difference at all to the travesty that is going on in Washington at the moment?  I doubt it. Thats not what I'm arguing."}
{"_id": "66805", "title": "", "text": "The eligibilty of the deduction is based on what the borrowed money is used to purchase and NOT what asset is used as collateral.  So at the beginning of your mortgage, 10% of the interest is deductible because the entire loan was used to purchase the condo.  But when you withdraw money from the account the additional interest is usually not deductible.  It can get confusing with all the withdrawals and payments that will be coming in and out of the account if you happen to use it a lot like a chequing account. An easy example would be if you only paid the interest on the loan...  Say you had a $100 000 loan at 5% APY (for simplicity's sake).  After one year, you would have paid $5000 interest.  $500 of the would be deductible given that your office is 10% of the condo.  Then you buy a $1000 couch and continue to only pay interest for the next year.  You would have paid $5100 interest...  $5000 on money borrowed to buy the condo, and $100 on money borrowed to buy the couch.  So you can still only deduct $500. What happens when you pay back $500 against the line of credit?  Could you designate that 100% of the money should be applied to the non-deductible interest?  Or does it have to applied proportionally?  I don't know. I think it'd would be wise to separate the loans somehow.  Manulife may even have some tools to facilitate that.  However, I wouldn't recommend the Manulife One product.  I looked into when I was buying my house two years ago, and at that time it was too expensive.  The rate was the same that other banks were charging for a home equity line of credit (which was prime at the time).  You can replicate the Manulife One in a cheaper way using a traditional mortgage and a home equity line of credit...  The majority of the loan will be the traditional mortgage at (hopefully) a cheap rate.  Then you can use your line of credit as the chequing account."}
{"_id": "66816", "title": "", "text": "Industrial grade batteries, which is what you would need for this, are not cheap. Your typical household batteries are super cheap, but not electric car batteries.   Also I was speaking more from the substation point of view for the purchasing of the batteries, not the consumers. I could see having to maybe pay a membership fee to that type of station to get access though. Somehow have a way to sign some kind of forms for insurance of return of the batteries."}
{"_id": "66821", "title": "", "text": "Lol okay.  Come back in three years and tell me about he fortune you've made via bitcoin.  Here's what you shouldn't think about in the meantime:  your failures with women, your inadequacy with money, the simple, shallow, life you spend warming up hotpockets while people around you make lives and careers."}
{"_id": "66823", "title": "", "text": "If that was a traditional ICE car they would have been raked over the coals for that many failures in one year. I don't care how pleasant the experience is, I would lemon law the shit out of something that had to go back to the dealer so many times."}
{"_id": "66829", "title": "", "text": "You\u2019re missing the point it\u2019s also an investment. People buy them and never sell them. People also lose them. Reducing supply. The fbi seizes them. Pretty sure the ceo of overstock said they will long term hold. If it\u2019s true they turned thousands into hundreds of millions."}
{"_id": "66834", "title": "", "text": "\"It's impossibly difficult to time the market. Generally speaking, you should buy low and sell high. Picking 25% as an arbitrary ceiling on your gains seems incorrect to me because sometimes you'll want to hold a stock for longer or sell it sooner, and those decisions should be based on your research (or if you need the money), not an arbitrary number. To answer your questions: If the reasons you still bought a stock in the first place are still valid, then you should hold and/or buy more. If something has changed and you can't find a reason to buy more, then consider selling. Keep in mind you'll pay capital gains taxes on anything you sell that is not in a tax-deferred (e.g. retirement) account. No, it does not make sense to do a wash sale where you sell and buy the same stock. Capital gains taxes are one reason. I'm not sure why you would ever want to do this -- what reasons were you considering? You can always sell just some of the shares. See above (and link) regarding wash sales. Buying more of a stock you already own is called \"\"dollar cost averaging\"\". It's an effective method when the reasons are right. DCA minimizes variance due to buying or selling a large amount of shares at an arbitrary single-day price and instead spreads the cost or sale basis out over time. All that said, there's nothing wrong with locking in a gain by selling all or some shares of a winner. Buy low, sell high!\""}
{"_id": "66858", "title": "", "text": "\"Long-term capital gains, which is often the main element of investment income for investors who are not high-frequency day traders, are taxed at a single rate that is often substantially below the marginal rate they would otherwise be taxed at, particularly for wealthy individuals. There are a few rationales behind this treatment; the two most common are that the government wants to encourage long-term investments (as opposed to short-term speculation), and that capital gains are a kind of double taxation (from one point of view) as they are coming from income that has already been taxed once before (as wage or ordinary income).  The latter in particular is highly controversial, but this is one of the more divisive political issues in the taxation front - one party would eliminate the tax entirely, the other would eliminate the difference. For most individuals, the majority of their long-term capital gains are taxed at 15% up to almost half of a million dollars total AGI, which is a fairly low rate - it's equivalent to the rate a taxpayer would pay on up to $37,000 in wage income (after deductions/exemptions/etc.).  You can see from this table in Wikipedia that it is much preferred to pay long-term capital gains rates when possible - at every point it's at least 10% lower than the tax rate for ordinary income. Ordinary income includes wages and many other sources of income - basically, anything that is not long term capital gains. Wage income is taxed at this rate, and also subject to some non-income-tax taxes (FICA and Medicare in particular); other sources of ordinary income are not subject to those taxes (including IRA income).  Short term capital gains are generally included in this bucket. Qualified Dividends are treated similarly to long-term capital gains (as they are of a similar nature), and taxed accordingly. The \"\"Net Investment Tax\"\" is basically applying the Medicare tax to investment income for higher-income taxpayers ($125k single, $250k joint).  It's on top of capital gains rates for them.  It came about through the Affordable Care Act, and is one of the first provisions likely to be repealed by the new Congress (as it can be repealed through the budgeting provision).  It seems likely that 2017 taxes will not contain this provision.\""}
{"_id": "66864", "title": "", "text": "Get a job, get a car, get a better job, save more money, invest that money in a high yield savings account, keep adding to that account until you turn 18. Start buying in bulk from China and reselling on eBay or Amazon for a 200-500% mark up, put that money in savings, ????,  Profit.  You can easily make 7-10 grand a year while still going to school, just save it all. Don't spend a dime unless you absolutely have to."}
{"_id": "66873", "title": "", "text": "I got an idea, lets keep doing this every 50 years or so. Fuck remembering that a living wage is key to the economy, we can just keep booming and busting BECAUSE ITS SO MUCH FUCKING FUN.  Write a cocksucking social contract and stick to it fucking fucking idiots."}
{"_id": "66880", "title": "", "text": "This could get them into cities where they can't operate as a taxi service. And if they can operate in a city making deliveries, they can point out that their cars are already on the road and not causing danger like opponents claim. They will also then have workers in those cities who can show up to city council meetings."}
{"_id": "66882", "title": "", "text": "\"Im not sure, but let me try. \"\"That person\"\" won't affect the value of currency, after two (or three) years (maybe months), agencies will report anomalies in country. Will be start the end of market.  God bless FBI and NSA for prevent this.  Actually, good \"\"hypothetical\"\" question.\""}
{"_id": "66901", "title": "", "text": "The only time when you need to pay taxes on an existing pension is when the pension pays out after you retire, or if you get a lump sum out of the pension, around the time when you retire. The growth in value of your pension fund is not income."}
{"_id": "66911", "title": "", "text": "\"Read \"\"the everything store\"\". Pretty good insight into Bezos and Amazon. It gives plenty of examples of how they've messed up shipping in the past. From a single jigglypuff doll holding up shipments, to items falling off conveyors and just laying there for weeks.\""}
{"_id": "66915", "title": "", "text": "So what about the person who wins the lottery, was he or she not lucky?   Luck 100% exists. Maybe some people are able to better manage the amount that luck impacts their life, but no matter what luck plays a huge factor. You could one day be walking down the street and get hit by a drunk driver or you could have been born with a mental disorder - since most things are out of your control the result is that there are countless other events which could have occurred and would have stopped you from being where you are.   Does this mean you don't deserve credit for taking advantage of your lucky situation? Obviously not, you did take advantage, and you do deserve credit, but to think you are in control of every possible outcome is ridiculous."}
{"_id": "66925", "title": "", "text": "Your website needs to be technically geared towards SEO best practices. If you are not on the first page of search engine results, then you are losing ground to your competitors. We get you there. We help you do that before you invest in any marketing activities. SEO In Utah boost your ranking figure and the profits you make will cover your initial costs. Feel free to visit us at: http://sitesbysara.com"}
{"_id": "66940", "title": "", "text": "\"When I looked at the historical numbers it looks like nothing special happened since 1970.  Visitors and gambling revenue have had what looks like a relatively stable annual percentage increase.  Maybe the \"\"feel\"\" or culture change in 1989 but I don't see that in the numbers.  I would say the 90s were good to any tourist destination in the us and the 2000 not so good.  Vegas appears to be no different.\""}
{"_id": "66941", "title": "", "text": "When you withdraw money from an RRSP account, it is added to your current year's taxable income. It does not matter what year the money was previously deposited in. If you deposited money into an RRSP this year and withdrew the same amount of money, then the net effect is that you have $5000 RRSP contribution and $5000 extra income, and the two effects should cancel out. The only remaining effect is that you wasted $5000 of contribution room which can never be regained. The exception to this rule is that after 90 days, you can withdraw funds from an RRSP for the HBP and LLP without adding to your taxable income."}
{"_id": "66943", "title": "", "text": "\"The bill proposed to \"\"Under existing law, employers may take tax deductions for the costs associated with moving jobs out of the country. The proposed legislation would have eliminated that, and used the resulting new revenue to fund a 20 percent tax credit for the costs companies run up \"\"insourcing\"\" labor back into the U.S.\"\" From http://abcnews.go.com/m/blogEntry?id=16816660 as found by beermethestrength. I will explain this in an example below.   Lets use allen edmonds. I manufacture shoes and sell them in the US. The facts we will assume is Revenue or sales is $100. Manufacturing cost is $50. Tax rate is 10%. Therefore, Profit before tax is $100 -$50 = $50. Tax is $5. Net profit is $45.  However, suppose offshoring to Canada saves money. They say please and thank you at every opportunity and the positive work environment allows them to work faster. Correspondingly to make the same number of shoes our costs has decreased because we pay less for labour. The manufacturing cost decreases to $30. However, we incur costs to move such as severance payments to layoff contracted employees. (I promise to hire you and pay $1 a year for 2 years. I fire you at the end of the first year. To be fair, I pay you $1) However, it can be any legitimate expense under the sun. In this case we suppose this moving cost is $10. Revenue or sales is $100. Manufacturing cost is $30. Moving cost is $10. Tax rate is 10%. Profit before tax is $100 -$40 = $60. Tax is $6. Net profit is $54. Yay more jobs for Canadians.   However, the legislation would have changed this. It would have denied that moving expense if you were moving out of the country. Therefore, we cannot consider $10 worth of expenses for tax purposes. Therefore Revenue or sales is $100. Manufacturing cost is $30. Tax rate is 10%. Profit before tax for tax purposes is $100 - $30 = $70. Tax is $7. Net profit for tax purposes is $63. However, my accounting/net/real profit is $53. I must deduct the $10 associated with moving. The difference between the two scenarios is $1. In general our net profit changes by our moving cost * our tax rate.  There is no tax break associated with moving. In Canadian tax, any business expense in general can be deducted as long as it is legitimate and not specifically denied. I am uncertain but would assume US tax law is similar enough. Moving expenses in general are legitimate and not specifically denied and therefore can be deducted.  Offshoring and onshoring are seen as legitimate business activities as in general companies do things to increase profit. (forget about patriotism for the moment).  The bill was to make offshoring more expensive and therefore fewer companies would find offshoring profitable. However, republicans defeated this bill in congress. Most likely the house  For completeness let us examine what would happen when we onshore (bring jobs from canada to us :( ). In our example, silly unions demand unrealistically high wages and increase our cost of manufacturing to $50 again. We decide to move back to the US because if it is the same everywhere for the sake of silly national pride we move our jobs back to the US. We incur the same moving cost of $10. Therefore we have Revenue or sales is $100. Manufacturing cost is $50. Moving cost of $10. Tax rate is 10%. Profit before tax for tax purposes is $100 - $60 = $40. Tax is $4. However, we are given a 20% tax credit for moving expense. $10 * .2 = 2. The government only assess us tax of 2. Net profit is $38. Tax credits are a one time deal so profit in the future will be $100 -$50 - $5 = $45. Same as the first example.  insourcing = onshoring , outsourcing = offshoring for the purposes of this article. Not quite the same in real life.\""}
{"_id": "66963", "title": "", "text": "Assuming you are asking about a credit score in the United States, the following applies. To find out your FICO score, navigate to AnnualCreditReport, the official site to help consumers receive their credit report from each of the three organizations providing these scores - Equifax, Experian, and TransUnion.  You are - in many states - entitled to a free copy of your credit report from each of these organizations annually.   This copy of your credit report will not contain your credit score from that organization.  It will, however, contain information that goes into your credit score - the lines of credits on file, any delinquencies reported, etc. If you decide you would like to pay for your credit score from each bureau, you will have the option to receive this information while getting your credit report, but you will have to pay a nominal fee for it.  Remember that each of the 3 bureaus gives you a different score.  Averaging your 3 scores should give you a good idea of your FICO score.  Note that your report is far more important than your score - once you know that, you know if you're in a good place or not. These other questions are so close that they might even be considered duplicates, and provide other suggestions for how to check your score. As a warning, don't trust the many ads out there saying you can get your score for free.  Only AnnualCreditReport is considered a safe place for entering the very personal information required to get a score.  The FTC backs this up."}
{"_id": "66970", "title": "", "text": "Well I guess its time to admit, that Nuclear weapons work, had it not have been for North Korean Capability to strike back with massive destruction, that Idiot in the White house would certainly have attacked and struck North Korean Targets.  There fore it seems the path to Peace in the Middle east and the world is nuclear weapons and everybody being extra rational and polite and reasonable and saving the shit talk for the locker room.  Chop chop people . .times a wasting"}
{"_id": "66991", "title": "", "text": "Deposit it into your Brazilian bank account. They'll charge you collection fee (shouldn't be high, its a cashier's check equivalent), and the currency exchange rate may not be the best ever, but that's the price to pay for the service. Another option would be to cash the check at check cashing places, but that would most likely require you being in the US (I don't know if any check-cashing store in Brazil would cash a US check)."}
{"_id": "66993", "title": "", "text": "\"Go on a website that has real estate listings.  Find similar homes in the same neighborhood and list out the prices.  Once you have prices, pick out two with different prices and call the realtor of the more expensive listing.  Tell that realtor about the other listing and ask why their listing is more expensive.  Compare their answer to the home that you are considering buying.   For example, they may say that their house has a newly remodeled kitchen.  Does the house you are considering have a newly remodeled kitchen?  If so, then use the higher priced listing and throw out the cheaper one.  If not, use the cheap listing and throw out the expensive one.   Or they might say that the expensive house is in a better location than the cheaper house.  Further away from traffic.  Easier to get to the highway or public transportation.  If so, ask how the location compares to the house you are actually considering.  The realtor will tell you if the listings are comparable.   When I talk about \"\"similar homes,\"\" I mean homes that are similar in square footage, number of bedrooms, and number of bathrooms.  Generally real estate sites will allow you to search by all of these as well as location.   After all this, the potential seller may still turn you down.  If he really wanted to sell, he'd have suggested a price.  He may just be seeing if you're willing to overpay.  If so, he could turn down an otherwise reasonable offer.  How much he is willing to take is up to him.   Note that this would all be easier if you just bought a house the normal way.  Then the realtors would do the comparables portion of the work.  You might be able to find a realtor or appraiser who would do the work for a set fee.  Perhaps your bank would help you with that, as they have to appraise the property to offer a mortgage.   You asked if you can buy out a mortgaged house with a mortgage.  Yes, you can.  That's a pretty normal occurrence.  Normally the realtors would make all the necessary arrangements.  I'm guessing that a title transfer company could handle that.\""}
{"_id": "67006", "title": "", "text": "For stocks, I would not see these as profiting at the expense of another individual.  When you purchase/trade stocks, you are exchanging items of equal market value at the time of the trade. Both parties are getting a fair exchange when the transaction happens. If you buy a house, the seller has not profited at your expense. You have exchanged goods at market prices. If your house plummets in value and you lose $100k, it is not the sellers fault that you made the decision to purchase. The price was fair when you exchanged the goods. Future prices are speculative, so both parties must perform due diligence to make sure the exchange aligns with their interests.  Obviously, this is barring any sort of dishonesty or insider information on the part of either buyer or seller."}
{"_id": "67017", "title": "", "text": "As a web designer and developer, I would like to add an addendum that a quality web site usually *starts* around $1500. We're a little more pricey, but we run about $2500 for the standard Home, About, Services, Testimonials, Photo Gallery, Contact setup.  Everything else is dead on. Great write up. I would add that getting yourself involved in a local chamber of commerce is something that we did, and were successful with. The chamber is now working with us on some of their new design projects."}
{"_id": "67021", "title": "", "text": "\"The essence of hedging is to find an investment that performs well under the conditions that you're concerned about. If you're concerned about China stock dropping, then find something that goes up in value if that asset class goes down.  Maybe put options on a Chinese index fund, or selling short one of those funds? Or, if you're already \"\"in the money\"\" on your Chinese stock position, set a stop loss: instruct your broker to sell if that stock hits X or lower.  That way you keep some gains or limit your losses.  That involves liquidating your position, but if you've had a nice run-up, it may be time to consider selling if you feel that the prospects are dimming.\""}
{"_id": "67022", "title": "", "text": "The obvious risk is that you might buy at a time when the market is particularly high.  Of course, you won't know that is the case until afterwards. A common way to reduce that risk is dollar cost averaging, where you buy gradually over a period of time."}
{"_id": "67031", "title": "", "text": "As I mentioned in my comment, mint.com might work for you.  The downsides are giving them access to all your accounts, and still having to manually enter transactions that are done in cash.  If you are ok with those however, it can automate almost everything else for you."}
{"_id": "67045", "title": "", "text": "So you want to buy a car but have no money saved up.... That's going to be hard!! I'd suggest you get a part-time job, save up and buy a used car. Even with the minimum wage pay in the U.S., if you are in the U.S., you could save up and buy a car in less than a month. This route would be the quickest way for you to get a car but it would also teach you the responsibility of having one since it appears you have never owned a car before.  Now the car will most definitely not be fancy or look like the cars that your peer's parents bought but at least it will get you from point A to point B.  I'd look on Craigslist or your local neighborhood for cars that have not moved in a while or have for sale signs. Bring a mechanically inclined friend with you and contact the owner and explain them your situation. There are nice people out there that would give you deep discounts based on the fact that you are a student trying to get by. Now you have to get registration and insurance. There are many insurance companies that give discounts to students as well who have good GPAs and driving records. If you happen to get a car for a good deal, take good car of it. Once you graduate and further your career, you can resell it for a profit.  I also would not suggest you get any loans for a car given your situation."}
{"_id": "67061", "title": "", "text": "You'd be moving from 33.5K of taxable income + 16.5K of untaxable income, to 65K of taxable income (worst case). So the question is whether the net from the extra 31.5K of taxable income is more than the 16.5K, and since marginal tax rates in the relevant brackets are no more than 32% according to the table you posted (22% federal and 10% provincial), it's definitely a win to move jobs. More precisely, the marginal tax rate is 25% on the first 8044 (41544-33500) and 32% on the rest, making for total extra tax of about 9.5K and thus net income (beyond the 33.5K baseline) of 22K. Compared to the 16.5K this leaves you 5.5K up. If you end up at the 70K end, you're another 3.4K up beyond that."}
{"_id": "67063", "title": "", "text": "You find a broker who handles futures accounts. Search on the word Forex and you'll find a number of companies happy to take your money. I trust you understand how futures work, the contract values, margin requirements, etc? You just don't have an account yet, right?"}
{"_id": "67066", "title": "", "text": "Keep in mind that credit takes time to build.   Your best short-term solution is to save enough cash to put enough of a down-payment that the lower loan-to-value ratio outweighs the lack of credit history.  If there's enough equity to ensure that the bank will get their money back if they have to foreclose, you will have a better chance of securing financing. In addition, the stability and consistency of your employment may also be a factor that makes it difficult for you to get a loan without a substantial down-payment. Finally, don't ignore the risk present in resting a property that you have a loan on.  Make sure you have a plan in place to pay your payments if the other half goes unrented for several months, or you risk losing the entire property. My advice is to rent somewhere else for enough time that you can save up a lot of cash to purchase a duplex rather than getting in a rush and doing something unwise (like apply for a bunch of credit cards you don't need)."}
{"_id": "67069", "title": "", "text": "If you look at a trade grid you can see how this happens. If there are enough bids to cover all shares currently on the sell side at a certain price, those shares will be bought and increased price quotes will be shown for the bids and ask. If there are enough bids to cover this price, those will get bought and higher prices will be shown and this process will repeat until the sell side has more power than the buy side. It seems like this process is going on all day long with momentum either on the upside or downside. But I think that much of this bidding and selling is automatic and is being done by large trading firms and high tech computers. I also feel that many of these bids and asks are already programmed to appear once there is a price change. So once one price gets bought, computers will put in higher bids to take over asks. It's like a virtual war between trading firms and their computers. When more money is on the buy side the stock will go up, and vice versa. I sort of feel like this high-frequency trading is detrimental to the markets and doesn't really give everyone a fair shot. Retail investors do not have the resources and knowledge in order to do this sort of high frequency trading. It also seems to go against certain free market principles in my opinion."}
{"_id": "67089", "title": "", "text": "\"Silicon Valley sexism explained? \"\"And then there are things like the \"\"brilliant jerk\"\" phenomenon, the idea that the smarter you are, the less nice you have to be. Engineering culture is notorious for verbal abuse. It's common for engineers to personally attack each other's intelligence, especially in environments where multiple people are contributing code to a project and other people are reviewing that code...So, many of these male engineers rise up through tech companies and become managers. And when they do, they may bring with them a sense of entitlement, and a hostile work culture. \"\"\""}
{"_id": "67091", "title": "", "text": "As other's have said, paying off the student loan first makes the most sense because of That said, are you planning on staying in your house for a particularly long time?  If so, refinancing your mortgage into a fixed-rate loan might be the best use of your money long term.  Not sure how much time is left on your 5/1 ARM before the rate starts to float, but if rates rise, your mortgage could quickly become more expensive than your student loan."}
{"_id": "67107", "title": "", "text": "\"You didn't win in case B. Borrowing shares and then selling them is known as \"\"selling short\"\".  You received $2000 when you sold short 100 shares at $20.  You spent $1000 to buy them back at $10, so you come out $1000 ahead on that deal.  But at the same time, the 100 shares you already owned have declined in value from $20 to $10, so you are down $1000 on that deal.  So you've simply broken even, and you are still out the interest and transaction fees. In effect, a short sale allows you to sell shares you don't own.  But if you do already own them, then the effect is the same as if you just sold your own shares.  This makes it easier to see that this is just a complicated and expensive way of accomplishing nothing at all.\""}
{"_id": "67124", "title": "", "text": "John Person has a pattern called the High Close Doji that is probably the most reliable signal in the world of candle patterns. I would check out Candle Stick and Pivot Point Trade Triggers. It all I use in trading stocks + forex."}
{"_id": "67135", "title": "", "text": "I like HSAs. My employer had one for one year, but then took it away. Money you put into an HSA is tax-advantaged, you can invest it however you want, it can be used for healthcare if you need it, and you can stop adding to it at any time. You're healthy now, but it's likely there will be a time when you're not, and then it would be nice to have money already available."}
{"_id": "67137", "title": "", "text": "\"What are the fees associated with changing the new loan? Are those fees worth the peace of mind? If so, than it is not \"\"crazy\"\".  The decision really boils down to that: is it worth the money that you will spend refinancing the loan to not have to deal with the original bank that financed your loan, assuming that you find an institution that will be more amenable to your financial expectations.\""}
{"_id": "67146", "title": "", "text": "A bank check is drawn on the bank itself. You gave the bank the funds backing that check at the time you purchased it. You can not get that money back except by returning the check to them. So, yes, effectively that check behaves like cash; the money us already gone from your account, and once you hand it over you can't claim it was forged or otherwise try to cancel the payment."}
{"_id": "67152", "title": "", "text": "Yep, I agree, and that has basically been my point in this thread.  Without the Orca shows there just isn't a real point to SeaWorld.  People that say they'd go there more if not for the moral quandary are full of crap - without the Orca shows, no one is going to go out of their way for SeaWorld.  Just like Ringling Brothers without elephants, they're a dead idea."}
{"_id": "67154", "title": "", "text": "The only reason to lend the money in this scenario is cashflow. But considering you buy a $15000 car, your lifestyle is not super luxurious, so $15000 spare cash is enough."}
{"_id": "67166", "title": "", "text": "The particularly hilarious part was the conclusion:  &gt;What is to be done about it? The answer is that if the world is facing such an enormous glut of savings then they have to be taxed as fast as possible to prevent they imbalances they create. So we need higher corporation taxes. We need withholding taxes on dividends and interest going to tax havens. We need capital gains taxes at rates as high as income taxes. We need an investment income surcharge to increase tax rates on unearned income to match those including national insurance on earnings. And we need effective wealth taxes. Plus a continued crack down on tax havens, of course.  &gt;And I mean we may need all of these. The world cannot afford for its wealthy people to become US$57 trillion richer in the next five years. That would be a disaster for us all, including the wealthiest. So action is needed urgently. And now. We can\u2019t wait for things to get ugly."}
{"_id": "67167", "title": "", "text": "Many banks will allow you to open multiple accounts.  Create a secondary checking account that has no automatic withdrawals and doesn't allow overdraft.  This is the account you'll use for you discretionary spending.  Get an account with a debit card and always use it as a debit card (never as a credit card, even if it allows that). Your employer may allow you to split your direct deposit so that a certain amount of money goes into this account each month.  When it gets to $0, you have to stop spending.  It will automatically refill when you get your paycheck."}
{"_id": "67200", "title": "", "text": "&gt; People will work harder when they're less rewarded? I don't know if that make sense to me.  Totally get it. It does run counter to our current approaches. If you would like to understand how I could have this crazy position [here is a TED talk on motivation that explains better than I could](https://www.ted.com/talks/dan_pink_on_motivation)."}
{"_id": "67203", "title": "", "text": "Timing differences would still all come out in the wash. Might reduce it one year but over a few years it's essentially the same. It's becoming harder to create situations where big timing differences can apply. And generally (although not in every case) companies are seeing the bad press associated with not paying taxes and are being relatively less aggressive than in the past.   There's a lot too it but I get annoyed by people saying companies only make donations to avoid tax. I've posted on it before and it's a silly view."}
{"_id": "67220", "title": "", "text": "rollover funds only mean the funds one was foolish enough to first roll into this 401(k). With no matching, and need for cash, I'd stop depositing to that account. But, from details you gave, you can't withdraw that money."}
{"_id": "67229", "title": "", "text": "Mostly some custom work i've done myself, bayesian and time series models, but there is some pattern matching. Most TA functions such as MA's, MACD's, BollingerBands, are simple ways of doing time series analysis.  MA's are basic filters.  MACD is essentially a way of viewing acceleration, as its the informational difference between filters.  BB's are mean reverters based on standard deviation/  RSI is a ratio of filtered up to down moves basically generating an indicator based on how strong the market has moved."}
{"_id": "67237", "title": "", "text": "It's important to note that this 10% share price drop comes after a year in which Best Buy's stock price has risen more than 50%.   It's done this by focussing on matching Amazon's prices while providing better human-to-human customer service.  https://www.nytimes.com/2017/09/18/business/best-buy-amazon.html"}
{"_id": "67241", "title": "", "text": "Looking at taxes on earned income vs. investment income, you'll see a huge difference. Nearly all super rich people earn most of their income from investments, eg see Buffet - that's why his secretary pays more in taxes.  Plus, there's plenty of other legal ways to legally lower tax obligations, eg deferred carry forwards on losses, etc.  TLDR: duh"}
{"_id": "67253", "title": "", "text": "\"is it worth it? You state the average yield on a stock as 2-3%, but seem to have come up with this by looking at the yield of an S&P500 index.  Not every stock in that index is paying a dividend and many of them that are paying have such a low yield that a dividend investor would not even consider them.  Unless you plan to buy the index itself, you are distorting the possible income by averaging in all these \"\"duds\"\". You are also assuming your income is directly proportional to the amount of yield you could buy right now.  But that's a false measure because you are talking about building up your investment by contributing $2k-$3k/month.  No matter what asset you choose to invest in, it's going to take some time to build up to asset(s) producing $20k/year income at that rate.  Investments today will have time in market to grow in multiple ways. Given you have some time, immediate yield is not what you should be measuring dividends, or other investments, on in my opinion.  Income investors usually focus on YOC (Yield On Cost), a measure of income to be received this year based on the purchase price of the asset producing that income.  If you do go with dividend investing AND your investments grow the dividends themselves on a regular basis, it's not unheard of for YOC to be north of 6% in 10 years.  The same can be true of rental property given that rents can rise. Achieving that with dividends has alot to do with picking the right companies, but you've said you are not opposed to working hard to invest correctly, so I assume researching and teaching yourself how to lower the risk of picking the wrong companies isn't something you'd be opposed to. I know more about dividend growth investing than I do property investing, so I can only provide an example of a dividend growth entry strategy: Many dividend growth investors have goals of not entering a new position unless the current yield is over 3%, and only then when the company has a long, consistent, track record of growing EPS and dividends at a good rate, a low debt/cashflow ratio to reduce risk of dividend cuts, and a good moat to preserve competitiveness of the company relative to its peers.  (Amongst many other possible measures.)  They then buy only on dips, or downtrends, where the price causes a higher yield and lower than normal P/E at the same time that they have faith that they've valued the company correctly for a 3+ year, or longer, hold time. There are those who self-report that they've managed to build up a $20k+ dividend payment portfolio in less than 10 years.  Check out Dividend Growth Investor's blog for an example.  There's a whole world of Dividend Growth Investing strategies and writings out there and the commenters on his blog will lead to links for many of them. I want to point out that income is not just for those who are old.  Some people planned, and have achieved, the ability to retire young purely because they've built up an income portfolio that covers their expenses.   Assuming you want that, the question is whether stock assets that pay dividends is the type of investment process that resonates with you, or if something else fits you better.  I believe the OP says they'd prefer long hold times, with few activities once the investment decisions are made, and isn't dissuaded by significant work to identify his investments.  Both real estate and stocks fit the latter, but the subtypes of dividend growth stocks and hands-off property investing (which I assume means paying for a property manager) are a better fit for the former.  In my opinion, the biggest additional factor differentiating these two is liquidity concerns.  Post-tax stock accounts are going to be much easier to turn into emergency cash than a real estate portfolio.  Whether that's an important factor depends on personal situation though.\""}
{"_id": "67276", "title": "", "text": "\"Your real question, \"\"why is this not discussed more?\"\" is intriguing. I think the media are doing a better job bringing these things into the topics they like to ponder, just not enough, yet.  You actually produced the answer to How are long-term capital gains taxed if the gain pushes income into a new tax bracket? so you understand how it works.  I am a fan of bracket topping. e.g. A young couple should try to top off their 15% bracket by staying with Roth but then using pretax IRA/401(k) to not creep into 25% bracket.  For this discussion, 2013 numbers, a blank return (i.e. no schedule A, no other income) shows a couple with a gross $92,500 being at the 15%/25% line. It happens that $20K is exactly the sum of their standard deduction, and 2 exemptions.  The last clean Distribution of Income Data is from 2006, but since wages haven't exploded and inflation has been low, it's fair to say that from the $92,000 representing the top 20% of earners, it won't have many more than top 25% today. So, yes, this is a great opportunity for most people.  Any married couple with under that $92,500 figure can use this strategy to exploit your observation, and step up their basis each year. To littleadv objection - I imagine an older couple grossing $75K, by selling stock with $10K in LT gains just getting rid of the potential 15% bill at retirement. No trading cost if a mutual fund, just $20 or so if stocks.  The more important point, not yet mentioned - even in a low cost 401(k), a lifetime of savings results in all gains being turned in ordinary income. And the case is strong for 'deposit to the match but no no more' as this strategy would let 2/3 of us pay zero on those gains.  (To try to address the rest of your questions a bit - the strategy applies to a small sliver of people. 25% have income too high, the bottom 50% or so, have virtually no savings. Much of the 25% that remain have savings in tax sheltered accounts. With the 2013 401(k) limit of $17,500, a 40 year old couple can save $35,000. This easily suck in most of one's long term retirement savings. We can discuss demographics all day, but I think this addresses your question.) If you add any comments, I'll probably address them via edits, avoiding a long dialog below.\""}
{"_id": "67301", "title": "", "text": "And what would you believe would be the minimum level necessary to get someone to a point where they are financially literate and can make educated, informed decisions?   Do you believe an online accreditation on various aspects of investing in SMEs would help address these issues or would something more comprehensive be necessary?"}
{"_id": "67310", "title": "", "text": "They wouldn't exist in the first place, the government creates them.   90% of all antitrust litigation is one private firm suing another, i.g., government created/enabled cartels. Antitrust laws do exactly the opposite of what they (supposedly) intended, and they are generally a failed and discredited policy. Any surprise? Isn't that what most government intervention does?"}
{"_id": "67320", "title": "", "text": "\"It may be margin loans or credit lines given to brokerages. I have no idea what a loan book is though so don't I don't really know. Also no one \"\"plays\"\" in equity markets with borrowed money unless they know for sure what they are doing or they have collateral as in the case of margin.\""}
{"_id": "67322", "title": "", "text": "In a word: budgeting. In order to have money left over at the end of the month, you need to be intentional about how you spend it. That is all a budget is: a plan for spending your money.  Few people have the discipline and abundance of income necessary to just wing it and not overspend. By making a plan at home ahead of time, you can decide how much you will spend on food, entertainment, etc, and ensure you have enough money left over for things like rent/mortgage and utility bills, and still have enough for longer-term savings goals like a car purchase or retirement.  If you don't have a plan, it's simply not reasonable to expect yourself to know if you have enough money for a Venti cup as you drive past the Starbucks. A good plan will allow you to spend on things that are important to you while ensuring that you have enough to meet your obligations and long-term goals.  Another thing a budget will do for you is highlight where your problem is. If your problem is that you are spending too much money on luxuries, the budget will show you that. It might also reveal to you that your rent is too high, or your energy consumption is too great. On the other hand, you might realize after budgeting that your spending is reasonable, but your income is too low. In that case, you should focus on spending more of your time working or looking for a better paying job."}
{"_id": "67327", "title": "", "text": "Hey so I'm completely new to anything financial. Have a bad habit of burning thru my money and would prefer to learn ways to make a little instead. What are some good tools that I could use to learn how to trade stocks or the best ways to get started investing? Thank you"}
{"_id": "67343", "title": "", "text": "\"Sure, it doesn't, but realistically they can't/shouldn't do anything about it in their index funds, because then they're just another stock picker, trying to gauge which companies are going to do best.  Their funds not all being indexes is what I was getting at with my original question. How much leeway do they have in their definitions of other funds? IE, if they had a dividend fund that included all large cap dividend paying stocks above 3% yield, they couldn't take out Shell just because of climate risk without fundamentally changing what the fund is. But if it's just \"\"income fund\"\" then they can do whatever in that space.\""}
{"_id": "67356", "title": "", "text": "\"As some others have pointed out, it's key to remember the difference in market value and accounting value.  To simplify things, book value is the only item that specifically depreciates... it happens in the world of accounting to try to time \"\"when did I use a long term asset?\"\" with \"\"when did I obtain value from that asset?\"\" For a house, governments usually allow owners to claim depreciation of the building over a set period of time. This does not affect your resale value of the house.  Similarly, for a commercial property, governments set laws for how an individual or a company can time the \"\"use\"\" of that asset vs. their accounting. Some companies can have totally depreciated (\"\"zero cost\"\") assets that are still very productive.   Market Property values are derived from 3 specific sources: Value in Trade is an estimate of the value that others would be willing to pay for a similar asset. That's why you can buy a house today, and in a \"\"normal\"\" market, the same house should be worth a similar amount of money in the future. Value in Use can be more interesting... this is where a farmer can extract $100,000 in value per year from 10 acres of land. But as a region develops, a manufacturing company can generate $300,000 per year from the same 10 acres of land. The company can buy out the farmer at a 'fair' price (>$100,000 per year) and still net positive from the investment.  Income Approach tends to be focused on properties that have a cash flow, but can be adapted to other property estimates. It evaluates the current \"\"business case\"\" for any property with the cost of money down, the overall investment price, and the expected value from any returns.  Remember, the market value is very simply, the price you could obtain if you sold the asset at a given time. It is rarely considered in terms of \"\"how much will this go down?\"\".  Book value is an accounting exercise and declines by a set amount every year, because it means you can estimate the \"\"cost\"\" of owning an asset vs the value it generates in a particular time period.\""}
{"_id": "67363", "title": "", "text": "\"At what rate? \"\"Millions\"\"? No one would start at that rate, but the mid-100k range is standard for Harvard undergrads entering finance, plus generous benefits and bonuses. But the structure in most institutions weeds most of these people out after five years. That's fine for most people, who are just trying to pay off loans, buy a house, and maybe feel secure starting a business. People who stay for 5-10 years could certainly be in the million range when bonuses and benefits are considered.\""}
{"_id": "67365", "title": "", "text": "Goldprice.org has different currencies and historical data. I think silverprice.org also has historical data."}
{"_id": "67370", "title": "", "text": "When borrowing a small sum from a bank, there's usually no collateral. i.e. no property to put a lien on, no gems put in a vault. It's a personal loan. A loan for a plane ticket for you or for them wont make a difference. If they have the borrowing ability, it's their loan.  That said, if your family finances are so tight, no one can buy a full round trip ticket, you should not be taking this trip. If your (whole family) savings is not above 3-6 months living expenses, you still shouldn't take this trip."}
{"_id": "67379", "title": "", "text": "The PMI rate is calculated at the time your mortgage is underwritten to be terminated at the point where you have 20% equity in your home.  It is calculated based off of default risks based on your current equity value at the time of the loan.  So if you got your mortgage before the banking crisis those risk charts have changed dramatically and not in your favor. So lets say you have a 100k home which you put 10k down so you have a mortgage of 90k.  Since you have accumulated an additional 5k equity so payoff value is now 85k.  If you refinance your mortgage and the home values in your area have dropped 15% you now are borrowing 100% of the value of your home.  So you have higher risk from being at 100% as opposed to 90%.  And the PMI is for the 20% of equity you do not have that the bank can not expect to recover.  So when you originally bought the house your PMI pay out was 10k.  At 85K value and 100% borrowed the PMI payout will be closer to 18k.  While you may still be able to sell your home for the original value when they do the refinance calculations they use what your area has trended.  If that is the case you maybe be able get an actual appraisal to use but that will come out of your pocket. *Disclaimer: These are simplifications of how the whole complex process works if you call the banker they can explain exactly why, show you the numbers, and help you understand your specific circumstances.  *"}
{"_id": "67393", "title": "", "text": "\"He will receive it just like any other non-spouse beneficiary you could have named.  The money can stay in your 401K account if he wants to keep it there. For simplicity, your nephew will want to roll the money over to another qualified account, such as an IRA. The account must be titled in your name, for the benefit of him as beneficiary (aka, \"\"beneficiary IRA\"\").  Regardless of where the money is kept, he will be required to start withdrawing the funds a little bit each year, known as the Required Minimum Distribution (RMD) and it will appear as taxable income to him each year. There is no early withdrawal penalty in this case. Optionally, he can stretch out his RMDs over his own life expectancy. He would do this to lower his potential tax obligation, and to keep the money in his account longer, hopefully growing over time. See Publication 590-B , Distributions from IRA.\""}
{"_id": "67395", "title": "", "text": "Shutters also prevent the fading of furnishings and interiors due to the harsh rays of the sun. They also keep your interiors insulated from the day time heat. In winter they manage to keep out the cold thus cutting your energy costs.Noise reduction is another benefit of installing Aluminium Roller Shutters. Solid metallic nature of roller shutters keeps out the noise making your home a quiet space where you can relax and enjoy time with the family. They also afford a great deal of privacy from nosy neighbours and keep your valuables safe from the roving eye of thieves."}
{"_id": "67406", "title": "", "text": "They are wrong. Agreed. The problem I have is that sooner or later you get in so much debt no one will lend money to you anymore. At that point austerity is forced on you. The increased spending comes from domestic and foreign investors. We all know how fickle the financial markets can be. If our debt gets too high and they cut off the tap, we are fucked. I don't think we are anywhere near that point now. However, things can change dramatically in the course of a few months. Political tensions, global uncertainty and social unrest could all cause enough of a panic that people start questioning the safety of U.S. treasuries. We could also see the day where everyone collectively demands the U.S. stop ripping them off with negative bond yields. Like I said, I see no indication of that now, but who knows how long it will take?  I know this is a bit of a tangent, but it is clear. My solution: borrow money to improve the economy while you can but make sure that your dollars count to fixing the economy. Otherwise, you are going to be stuck with a stagnant economy  AND at a serious risk of bankruptcy when the financial markets no longer see you as a wise investment. You can't save yourself from falling off of two cliffs at the same time so our politicians should stop dicking around and start looking for real solutions with the money they are borrowing instead of pissing it away on useless shit."}
{"_id": "67410", "title": "", "text": "\"The tax code is a hodgepodge of rules that are often tough to explain.  The reality is that it's our Congress that writes the tax code, and they often have conflicting goals among themselves.  In theory, someone said \"\"How about we force withdrawals at some point. After all, these are retirement accounts, not 'give your kid a huge inheritance account'.\"\" And the discussion continued from there. The age 70-1/2 was arbitrary. 70 happens to be the age for maximum Social Security benefits. But the average retirement age is 63. To make things more confusing, one can easily start taking IRA or 401(k) withdrawals at age 59-1/2, but for 401(k) as early as 55 if you separate from the job at 55 or later. One can also take withdrawals earlier from an IRA with tax, but no penalty using Sec 72(t) rules (such as 72(t)(2)(A)(iv) on Substantially Equal Periodic Payments).  To add to the confusion, Roth IRA? No RMDs. Roth 401(k), RMDs once separated from service. Since the money has already been taxed, it's the tax on the growth the government loses. My advice to the reader would be to move the Roth 401(k) to a Roth IRA before 70-1/2. My advice to congress would be to change the code to have the same rules for both accounts.  Whether one agrees that a certain rule is 'fair' to them or others is up to them. I think we can agree that the rules are remarkably complex, from origin to execution. And a moving target. You can see just from the history of this site how older questions are often revisited as code changes occur.\""}
{"_id": "67415", "title": "", "text": "Stock prices aren't constant; they rise and fall.   The overall return on a share is the combination of the dividends paid plus the change in value of the share.  Some companies pay no dividend at all yet investors still buy their shares because they believe the share price will rise. People invest in stocks because they believe that the overall return will exceed what they can get from cash in the bank.   As to options they do offer higher potential profits but they also offer higher potential losses.  Different investors have different appetites for risk.  Many are comfortable with the risk of mainstream stock investing but not with that of options trading."}
{"_id": "67424", "title": "", "text": "In reality, it's much more abstract than this feeble article depicts, which is why right/left winger Reddit-heroes often hop on this sub to validate their political views on the subject for themselves. Its economic ignorance to not think that how a governments taxes, and changes to those policies, affect how people &amp; businesses behave. I don't have the answer to all the economic problems but I'm not fooled by OP's nonsense propaganda piece.  My issue is with the article's false claim.   &gt;the job creation records of the 92 publicly held U.S. corporations that reported a U.S. profit every year from 2008 through 2015 and paid less than 20 percent of these earnings in federal income tax.  This study looked at 2%(the 92 profitable) of 4,333 publicly traded US companies selected based on both having turned a profit seven years running &amp; having dodged corporate taxes to make their tax payout close to 20%.   Does this sample sound like the entire US 27,900,000 total companies that comprise the domestic US economy? (That's .02% rounding up-yes the decimal is in the right spot.)  Even if this wasn't a flawed study from the start on selection bias, this isn't even quasi-experimental because there isn't a control group. Even a null conclusion would be invalidated without call for further inspection.   The source is a left-wing think tank drawing a line from the false conclusion to a motivated source. Is this the standard of information anyone should make policy based on?   This article says nothing definitive with evidence &amp; is worthless."}
{"_id": "67425", "title": "", "text": "Maybe someone will have more details, but a couple of things come to mind immediately:"}
{"_id": "67433", "title": "", "text": "Have you seen what it takes to be a (very highly-paid) accredited actuarial? First, you enter a class with other supremely talented math whizzes; then, you finish with close to perfect marks but they weren't perfect enough because only the most perfect of the perfect have made it!"}
{"_id": "67456", "title": "", "text": "Put \u20ac300-500 in a savings account. Or -- since you already have an emergency fund -- a medium risk fund. @Relaxed is right, though: what are your future goals?  (There's more to life than buying a house...  Travel, future children, etc, etc.)"}
{"_id": "67457", "title": "", "text": "I came here asking for advice because google gave me conflicting answers. I don't need a lawyer to tell me which licenses I need, I  just need somebody with experience, which it's obvious you don't have for 2 reasons. 1) You would have told me already and 2) joining existing firms will result in DNC agreements which I don't want. I'd appreciate a little bit more respect and knowledgeable answers than just putting me down for asking a simple question to clarify my confusion. I am new to this sub and your attitude does not make me feel welcomed here nor to other people I'd imagine that may be new as well."}
{"_id": "67472", "title": "", "text": "One reason it matters whether or not you're beating the S&P 500 (or the Wilshire 5000, or whatever benchmark you choose to use) is to determine whether or not you'd be better off investing in an index fund (or some other investment vehicle) instead of pursuing whatever your current investment strategy happens to be.  Even if your investment strategy makes money, earning what the S&P 500 has averaged over multiple decades (around 10%) with an index fund means a lot more money than a 5% return with an actively managed portfolio (especially when you consider factors like compound interest and inflation). I use the S&P 500 as one of my criteria for judging how well (or poorly) my financial adviser is doing for me. If his recommendations (or trading activity on my behalf, if authorized) are inferior to the S&P 500, for too long, then I have a basis to discontinue the relationship. Check out this Wikipedia entry on stock market indices. There are legitimate criticisms, but on the whole I think they are useful. As an aside, the reason I point to index funds specifically is that they are the one of the lowest-cost, fire-and-forget investment strategies around.  If you compare the return of the S&P 500 index over multiple decades with most actively managed mutual funds, the S&P 500 index comes out ahead."}
{"_id": "67488", "title": "", "text": "Cutispilus Clinic is the Best Dermatologist In Mumbai For Acne Treatment after diagnosing the real cause for acne. Cutispilus Clinic also offers treatment for Acne Scars, Hyper Pigmentation, Sun Tanning, Wrinkles, Under Eye Dark Circle, and for Oily Skin. To get the more details visit the website: http://cutispilus.com/"}
{"_id": "67500", "title": "", "text": "Fifteen thousand dollars is not a whole lot of cash.  It should probably be kept liquid.  To that end, savings accounts and certificates of deposit (CDs) are typically used.  (There are also money market funds, but I am not sure that makes sense once trading costs are figured into the equation.) I would set some of that money aside, for an emergency fund.  (Start with at least 6 months of realistic living expenses  and also consider a fund for unforeseen emergencies.)  I would consider using 2-3 thousand to setup a retirement account.  The rest, I would place into CD ladders, so that it is somewhat accessible."}
{"_id": "67501", "title": "", "text": "I really don't understand. Do many Greeks actually feel entitled to having the rest of Europe pay to keep them afloat without making any changes to curb corruption, fraud, or fix bloated government programs or raising taxes?    It seems so simple when presented by the media  Problem: Greece can't afford to run the govt or pay off its national debts  Responsible Solutions:  1) Make spending cuts and try to curb govt bloat and corruption.  2) Increase taxes and make an effort to prevent illegal tax avoidance.  The stories I've seen imply the people refuse to accept either approach to a solution.   If they refuse  both of those approaches Europe must pay to keep them afloat.  It seems so ignorant and childish to me. You gotta pay for your own shit, otherwise there will be consequences."}
{"_id": "67503", "title": "", "text": "Not a financial adviser, but I think there is some amount of debt that's ok.  So I wouldn't suggest someone should go $200k into debt for a BA in English, but if you went somewhat into debt, say $30k, for a major with good job prospects and a high salary, it will probably be a good decision.  Which is exactly what I did, and it worked out very well for me.  I would advise students to apply to lots of schools with different entry requirements and tuition rates, just to see what their financial aid packages are like.  Very often if a $50k a year school really wants you, they'll give you some scholarships to make it more affordable.  If they don't give you enough, then you may just need to go to a cheaper school.   edit: also, if your family isn't wealthy (like mine) you'll often qualify for federal loans.  My loans from 2012 are at 3.5% interest, and my financial adviser is telling me to make the minimum payments so I can put more money in stocks."}
{"_id": "67511", "title": "", "text": "For the skeptical, this stuff works. Much of Ren Tech's initial edge was probably based on NLP given Simons' academic background, Leonard Baum and the IBM NLP team that they poached.   However, this space is extremely saturated and there's very little edge to be gained especially if you're using open source python libraries."}
{"_id": "67536", "title": "", "text": "Yes.  If you reply back, they'll confirm that Uncle Alex did indeed leave you $7 million, and you just need to send them a few thousand dollars for taxes and estate fees and then they'll wire you the money.  And then there'll be customs fees.  And then more taxes.  And of course, there will be separate import fees.  And so on until you run out of money."}
{"_id": "67546", "title": "", "text": "What they are doing is not illegal.  There is a plan under consideration to charge micro-payments to place and cancel an order, rather than on just executed orders but it will need to go through review and approval.  http://www.tradersmagazine.com/issues/25_335/Exchanges-Set-to-Tax-Heavy-Quoters-109941-1.html"}
{"_id": "67565", "title": "", "text": "This article is misleading in it's universality of its findings. It does have a control group, which is a good start, but the findings are based on call-center employees whose functions are almost perfectly suited for remote work. In a way, we already knew this because of how much call-center work is outsourced and outside of provincial management (in other words, most companies don't bother housing customer service call centers at company headquarters). Let's see them try to replicate those results with other industries.   Treating the ability to work from home as a panacea is just as foolish as believing that workers can't ever be remote. The truth is that individual personalities and, more importantly, an individual's work functions are better suited for remote work than others and it takes good management to understand why they take the strategy they take with regards to remote work.   All in all, the study might be a good case study for encouraging remote work among call-center employees, but any further extrapolation of that for other industries is going to be a baseless claim influenced by personal agendas."}
{"_id": "67586", "title": "", "text": "Everyone has failures. Failures are how we learn as humans. We literally have to fail over and over again in order to learn how to walk. Yes Steve Jobs had failures in business, and those failures ultimately led to him forever changing the world.  I don't know him personally, so I can't say how he was with other people or his family. However, I did read in Ed Catmull's book Creativity that he developed into a great leader with compassion for others as the years went on.  Other than that, I totally agree with you about what true leadership means."}
{"_id": "67607", "title": "", "text": "You don't say how long your mortgage has to go until it's paid off, but presumably it's only five or ten years. Hopefully that means your payments now represent a smaller fraction of your income than they did ten years ago. That means your risk level may have changed. How bad would it be for you if your mortgage payments went up by 50%? Would it be disastrous, or could you survive by some means. If higher mortgage payments wouldn't break you, now may be the time to look at a variable rate mortgage. Variable rates are typically than fixed rates on average, because you are assuming some of the risk. Rates are probably going up over the next five years, but they are probably going to be less than 4.75% on average - otherwise the banks wouldn't be offering 4.75% 5 year fixed rates. The downside is that rates MIGHT go up to much more than 4.75%. So you need to be in a position where you can take the worst the markets might throw at you - but if you can, then on average you will come out ahead."}
{"_id": "67616", "title": "", "text": "This depends on the particular index, of course. Capital gains taxes occur when stock is sold (for a profit). This occurs less frequently in an index fund: Where an active manager frequently buys and sells stocks (after all, he wants to be active :-) ), the index fund only sells stocks when the particular stock leaves the index. For an index such as the S&P 500 this does not happen that often.  The more specific the criteria of the index fund, the more often the selling of stock and thus the need to pay capital gains taxes occurs."}
{"_id": "67625", "title": "", "text": "It appears your company is offering roughly a 25% discount on its shares.  I start there as a basis to give you a perspective on what the 30% matching offer means to you in terms of value. Since you are asking for things to consider not whether to do it, below are a few considerations (there may be others) in general you should think about your sources of income. if this company is your only source of income, it is more prudent to make your investment in their shares a smaller portion of your overall investment/savings strategy. what is the holding period for the shares you purchase. some companies institute a holding period or hold duration which restricts when you can sell the shares.  Generally, the shorter the duration period the less risk there is for you.  So if you can buy the shares and immediately sell the shares that represents the least amount of relative risk. what are the tax implications for shares offered at such a discount.  this may be something you will need to consult a tax adviser to get a better understanding.  your company should also be able to provide a reasonable interpretation of the tax consequences for the offering as well. is the stock you are buying liquid. liquid, in this case, is just a fancy term for asking how many shares trade in a public market daily. if it is a very liquid stock you can have some confidence that you may be able to sell out of your shares when you need. personally, i would review the company's financial statements and public statements to investors to get a better understanding of their competitive positioning, market size and prospects for profitability and growth. given you are a novice at this it may be good idea to solicit the opinion of your colleagues at work and others who have insight on the financial performance of the company. you should consider other investment options as well.  since this seems to be your first foray into investing you should consider diversifying your savings into a few investments areas (such as big market indices which typically should be less volatile).   last, there is always the chance that your company could fail.  Companies like Enron, Lehman Brothers and many others that were much smaller than those two examples have failed in the past.  only you can gauge your tolerance for risk. As a young investor, the best place to start is to use index funds which track a broader universe of stocks or bonds as the first step in building an investment portfolio.  once you own a good set of index funds you can diversify with smaller investments."}
{"_id": "67631", "title": "", "text": "\"You're perfectly correct, but it's kind of weird to me.  I *kind of* get the point behind the result of the USADA ruling, which would presumably be that \"\"if you cheated at one sport, you'll cheat at another\"\", but it's just a little strange that just because you doped as a cycler, you can't run a marathon or try to join the Pro Bowlers' Association.\""}
{"_id": "67641", "title": "", "text": "well yes but you should also begin to understand the sectoral component of real estate as a market too in that there can be commercial property;  industrial property and retail property; each of which is capable of having slightly (tho usually similar of course) different returns, yields, and risks.  Whereas you are saving to buy and enter into the residential property market which is different again and valuation principles are often out of kilter here because Buying a home although exposing your asset base to real estate risk isnt usually considered an investment as it is often made on emotional grounds not strict investment criteria."}
{"_id": "67648", "title": "", "text": "As a what?  You ain't shit no matter what you think.  Going to school is easy.  Thinking that is supposed to impress people is sad.  You accept that you have no power and let that be your excuse.  I accept that I do have power and I need to work toward my goals."}
{"_id": "67656", "title": "", "text": "\"Yeah. The whole Russia thing is clearly a wash at this point. And his younger playboy antics don't really seem to generate much outrage -- or at least enough outrage to get him in any serious trouble.  Honestly, at this point the democrats need to focus on getting grandma Clinton out of the spotlight and grooming Warren (who IMHO could win it) or whoever their next candidate will be. This whole \"\"find dirt on Trump\"\" thing doesn't seem to be very productive.\""}
{"_id": "67662", "title": "", "text": "Obat Melancarkan Peredaran Darah \u00bb Terimakasih atas kesediaan anda membuka blog kami, pada postingan kali ini kami akan memberikan tips dan solusi cara melancarkan peredaran darah secara alami tanpa menimbulkan efek samping dan pastinya tidak perlu repot-repot keluar rumah dan mengeluarkan banyak uang untuk melakukan pengobatan."}
{"_id": "67663", "title": "", "text": "In the U.S., most car dealers provide lease financing through one company (usually a subsidiary of the auto manufacturer). Whereas they provide loan financing through a variety of companies, some of whom offer very high interest rate loans and sell the loans as collateralized debt obligations (CDOs). Have you checked whether Chase or First Tech Credit Union offers a suitable car lease?"}
{"_id": "67672", "title": "", "text": "I've skimmed through the answers given and I'd like do add another possible scenario.  I've recently heard about this exact thing happening to someone only the money originally was a loan taken in the receivers name. 1) Scumbag finds out personal data \u2013 including social number, bank account and phone \u2013 of Innocent Victim.  2) Scumbag takes out a loan in the name of Innocent Victim. The money are sent to IV's account. 3) Scumbag calls IV saying 'Oh, I've made a mistake, blah, blah, yada, yada. Could you please send the money back to me? My bank account is...' 4) Innocent Victim, being the good guy that he/she is, of course want to help out and send the money to Scumbag. 5) Scumbag makes a cash withdrawal and is no longer anywhere to be found and Innocent Victim is left with a loan but no money."}
{"_id": "67676", "title": "", "text": "\"Nobel laureate economist, Paul Krugman, wrote a piece many moons ago about economic expansion and money supply.  As an illustration of how money supply affects the economy, he used the example of a baby-sitting co-op.  While simplistic, it provides an easy to grasp notion of how printing money and restricting it (e.g. by pegging the currency to gold reserves) can affect the economy. Here is an excerpt from his webpage ( http://web.mit.edu/krugman/www/howfast.html ): \"\"With the decline of the traditional extended family, in which relatives were available to take care of children at need, many parents in the United States have sought alternative arrangements. A popular scheme is the baby-sitting coop, in which a group of parents agree to help each other out on a reciprocal basis, with each parent serving both as baby-sitter and baby-sittee. Any such coop requires rules that ensure that all members do their fair share. One natural answer, at least to people accustomed to a market economy, is to use some kind of token or marker system: parents \"\"earn\"\" tokens by babysitting, then in turn hand over these tokens when their own children are minded by others. For example, a recently formed coop in Western Massachusetts uses Popsicle sticks, each representing one hour of babysitting. When a new parent enters the coop, he or she receives an initial allocation of ten sticks.  This system is self-regulating, in the sense that it automatically ensures that over any length of time a parent will put in more or less the same amount of time that he or she receives. It turns out, however, that establishing such a token system is not enough to make a coop work properly. It is also necessary to get the number of tokens per member more or less right. To see why, suppose that there were very few tokens in circulation. Parents will want on average to hold some reserve of tokens - enough to deal with the possibility that they may want to go out a few times before they have a chance to babysit themselves and earn more tokens. Any individual parent can, of course, try to accumulate more tokens by babysitting more and going out less. But what happens if almost everyone is trying to accumulate tokens - as they will be if there are very few in circulation? One parent's decision to go out is another's opportunity to babysit. So if everyone in the coop is trying to add to his or her reserve of tokens, there will be very few opportunities to babysit. This in turn will make people even more reluctant to go out, and use up their precious token reserves; and the level of activity in the coop may decline to a disappointingly low level.  The solution to this problem is, of course, simply to issue more Popsicle sticks. But not too many - because an excess of popsicle sticks can pose an equally severe problem. Suppose that almost everyone in the coop has more sticks than they need; then they will be eager to go out, but reluctant to babysit. It will therefore become hard to find babysitters - and since opportunities to use popsicle sticks will become rare, people will become even less willing to spend time and effort earning them. Too many tokens in circulation, then, can be just as destructive as too few.\"\" -- Paul Krugman, 1997 (accessed webpage 2010).\""}
{"_id": "67696", "title": "", "text": "Um, wut?  It took a failure for the SIFI to be defined in the first place.  It took the failure of Lehman and Bear Stearns for the US goverments to actively attempt precluding *any more failures* of what were yet-to-be-called, SIFI's.  Is this really such a hard concept to grasp?  Largely unforeseen failure first, further failure avoidance second."}
{"_id": "67699", "title": "", "text": "Perhaps it seems harsh, but I would get separate accounts: credit cards, savings, retirement, all the way down the line.  Your only joint account should be for paying mortgage/rent and other bills.  And as another poster said, delete all your saved info from browsers &c.  Perhaps you even need to set up separate user ids. If this really is a case of compulsive spending, curing it is likely to be a long, hard process, if it's even possible.  You need to put yourself in a position where you won't be dragged down with him."}
{"_id": "67716", "title": "", "text": "A lot of stores, especially smaller ones, won't accept card payments under $10.00. They pay a fee for taking cards and for small transactions it is not worth it."}
{"_id": "67726", "title": "", "text": "exactly, if it was just some other douche like prestigious pete, fine - but the site has gone out of their way to make her posts front page material and to make her a certified user.  Fucking stupid."}
{"_id": "67728", "title": "", "text": "There are two basic types of lines of credit typically offered at a retail bank: Overdraft line of credit is essentially a revolving personal loan that you can draw upon as needed or automatically draw on when you overdraw on your checking account. Typically with a commercial bank there is a fee to use the automatic overdraft in addition to interest. Some credit unions don't charge a fee. Interest is typically computed using average daily balance. A Home equity line of credit is a revolving loan that is secured against your home. Interest on home-improvement related expenses is deductible. Since the bank gets a lien on your home, the rates are low. Sometimes you can even get debit cards that will hit the line. I think these are a good idea if:"}
{"_id": "67729", "title": "", "text": "Some backstory before my questions.  I am a First year student in the UK  (course: Finance and Investment). In the future I would like to get into IB or PE. I already have CISI and CFA exams on my radar.   My questions are:  1) With the recent boom in cryptocurrencies should I start researching how they work and what are the future prospects of investing in them? Do you think it will become mandatory by 2020? Are GS employees currently working their butts off to learn as much as possible about it and how to profit?   2) What is the best way to network? Should I focus only on insight days,applying for shadowing/internships etc. Is cold-calling worth it?   3) Do actual people work in Clearing Houses? If so, what are the career prospects there?   4) Can someone give me a real life example (in the form of eli5) about how  financial institutions use swaps and futures?   5) I recently picked up \u201cLords of Finance\u201d as a book for my spare time. I am genuinely intrigued but I was told that I am wasting my time and in the future it wont do me any good because no one will know I read it?   I am well aware most of these questions are basic but It will be very helpful if I even get one question answered. If some of these questions have already been answered please give me a link. Thank you in advance"}
{"_id": "67731", "title": "", "text": "\"Property taxes, where they exist, are generally levied by cities, counties and other local-level administrative bodies like MUDs, and are the primary source of revenue at these levels of government. These taxes pay the lion's share of the expenses for basic services provided by a city or county: There are federal dollars, other revenue sources (State lottery revenues often go toward public schools for instance), and \"\"usage fees\"\" (vehicle registration, utility bills, toll roads) at play as well, but a lot of that money covers larger-scale infrastructure development (freeways/interstates) and specialized \"\"earmarks\"\" (political backscratching involving this bridge or that dam in a Congresscritter's home district, a few national initiatives from the President's budget like first-responder technology upgrades for improved disaster/terrorism readiness). Property taxes are the main funding for the day-to-day government operations at the most visible level to the average resident. The theory behind using a property tax instead of some other form of taxation (like income) is that the value of the property and the quality of services provided to the resident(s) of that property are interrelated; the property is valuable in part because the infrastructure is well-maintained and nearby schools/hospitals are good, and by the same token, affluent residents expect high-quality services. Property taxes are also easier to levy, because most of the work can be done by the tax assessor; monitor recent sale prices, do drive-bys through neighborhoods, come up with a number and send the resident the bill. That's opposed to sales taxes which businesses operating in the jurisdiction have to calculate, collect and turn over, or income taxes which require residents to fill out paperwork to calculate how much they owe. The justification is eminent domain. It's very simple; when you buy land in the U.S. and a State thereof, you are still a citizen and/or resident of that State and the U.S., and subject to their laws. You're not creating your own country when you buy a house. As such, the government charges you for the facilities and services they provide in your area and your State, which are then your privilege to use. Obviously roads aren't free; a one-mile stretch behind my house is costing the county $15 million to expand it from 2-lane to 4-lane. Here's the kicker; you've already been paying these taxes. You think your landlord's just going to take the property taxes for the whole apartment complex on the chin? He's out to make money, and doing that requires charging a sufficient amount to cover costs, including taxes he incurs. You just never see \"\"allocated property taxes\"\" as an item on your rent statement, just like you don't see \"\"allocated landowner mortgage\"\", \"\"allocated facilities maintenance\"\", \"\"allocated gross margin\"\" etc. You know you're getting shafted, paying someone else's financing with a little extra on the side to boot. That's why you want a house. Unfortunately, not being able to pay these taxes is a grim reality for some people, old and young, and government generally doesn't go easy on delinquent homeowners. After medical bills and mortgage delinquency, property tax delinquency is the number three reason for bankruptcy, and only a mortgage or property tax delinquency can cause your home to be seized and sold. Well that and using it for criminal enterprise, but unless you're running a meth lab in your half-million-dollar home or financing it with coke money I wouldn't worry about that score. Retirement planners figure property taxes into cost of living, and they do often advise a downgrade from the 2-story house you raised your children in to something smaller (for many reasons, including lower taxes). There really isn't a way to structure a completely \"\"pay-as-you-go\"\" metropolitan area, and you wouldn't want to live in it if there were. Imagine every strip of asphalt in the county being a toll road where your transponder (TollTag, EZ-Pass, etc) or license plate was scanned and you were billed at each intersection. In addition to being a huge invasion of privacy, the cost to maintain this network (and your cost to use it) would skyrocket. Imagine 911 asking for a credit card number before dispatching police, fire or EMS (Ambulance services already do bill on a per-event basis, but you'd be surprised how few people pay and how little power a county EMS has to enforce collection; without a property tax and Medicaid to cover the difference, EMS service could not be provided in most counties).\""}
{"_id": "67741", "title": "", "text": "The fees for Vanguard and Fidelity IRA housing cannot be lower, because they are zero.  Depending on the fund you invest in, one or the other will have pretty low fees and are often the lowest in the industry. I don't qualify for TIAA-CREF, but my mother does and she loves them.  She can call up and get some advice for free.  I would not qualify it as the best advice in the world, but it certainly isn't horrible.   So it really depends on what you are looking for.  If you want a little investment advice, I would go with TIAA-CREF.  If you are a do it yourself-er go with Vanguard."}
{"_id": "67745", "title": "", "text": "That is a pretty sweet setup. The few months I was on contract with an oil company they had a similar arrangement, although not quite as good as that. This is a different situation though. I'm sorry, but I don't think that as many people can do what needs to be done on an oil rig as can be trained to be a cop. I personally don't think they should be compensated at that level."}
{"_id": "67761", "title": "", "text": "Agree the hype is extreme. Still disagree that Denver is similar to Boise. Look at startup investment. Look at angel investor communities in Denver/Boulder vs Boise. Look at the general maturity of the economy.   Again I agree it's hyped because incoming residents have been insane since marijuana went legal. But it's definitely a different town and economy then Boise in your example."}
{"_id": "67766", "title": "", "text": "It seems that you're asking for a legal/tax advice, and I vote to close the question as off-topic for that. This is not the place. But on the second thought, I will share some of the ideas I have, provided of course that you will not consider them as any sort of tax advice whatsoever, and will not rely on it for any tax planning without verifying with a licensed professional. Taking 401k money out just like that means that you are going to pay your taxes on that money plus additional 10% penalty. As @JoeTaxpayer said, this rarely makes economic sense. However, taking 401K money out to pay your medical bills (which would otherwise be deductible, pay attention to the nuances) doesn't trigger the penalty. It looks like in your case you might (unfortunately) have a chance to use this provision. Another case when you can withdraw money without penalty is disability, which according to what you describe is, unfortunately, a situation you're very likely to find yourself in. Also, you can withdraw funds as income for a substantial period of time, and under certain conditions it will not be subject to the 10% penalty. Of course, leaving it to the beneficiaries, as mentioned by others, is another and very valid option. See publication 575 for specific details, and be sure to consult a tax professional before doing anything."}
{"_id": "67767", "title": "", "text": "Err, isn't this article simply stating the obvious? I've been working for the last 18 years and I know those signs by heart, seen them on others, and on me even...   The manager who can not spot those signs deserves to be deserted, the problem is with the manager who spots those signs and does nothing!"}
{"_id": "67773", "title": "", "text": "NAEDO debit order collections permit creditors collecting up to R15, 000 per debit instruction and run in a preferential manner on a random basis before the standard EFT debit order run. This ensures that every creditor stands an equal chance of successfully collecting the funds without much delay or hassle."}
{"_id": "67776", "title": "", "text": "\"Honestly i just want a place i can chat casually with other professional with regards to technical and general topics in the field.  No country-specific politics unless it materially changes the financial playing field.  With regard to keeping this sub effective at it's purpose, why not do what WSO and \"\"validate\"\" members through a certain private process?  Not sure how you would validate people like entrepeneurs and day traders, but it may be a good way to do it.\""}
{"_id": "67785", "title": "", "text": "I won't be able to model stock prices using this information.  The pros aren't likely to use Google as much. Even the casual investor is likely to have his own habits. For example, I've come to like how Yahoo permits me to set up a portfolio and follow the stocks I want. And the information that interests me is there, laid out nicely, price, history, insider trades, news etc.  But your effort probably still has some discovery value, as it will help you understand when interest in a company suddenly swells above normal. Nothing wrong with a good project like that. Just don't expect to extract too much market-beating success from it. The pros will eat your lunch, take your money, and not even say thanks. Welcome to Money.SE."}
{"_id": "67800", "title": "", "text": "\"This ignores that physical stores are losing market share at an accelerating rate. Yes, if we freeze time now and pretend things will always be this way, brick and mortar has \"\"only\"\" lost 10% of their sales revenue. But a big reason people opt for the store is because they receive their purchases instantly. Same-day delivery, combined with technologies like self-driving and drone delivery, will give online stores low- or no-fee instant gratification, on top of lower prices, no traffic and no gas costs. Online stores will continue to gain market share.\""}
{"_id": "67804", "title": "", "text": "I never intended to get into a big debate on taxation. My point was that a buyback is the sane as a divided.  Would you agree to that? Here's an interesting test. Does he have the same problem with dividend producing stocks? If he does then how else are firms supposed to give s return to investors?  (Don't even think about saying through price appreciation because I'm sure you also have a rant for the drive for stock price.)  This isn't a do we tax or not.  That's overly broad for this piece.  Also he isn't talking about taxing away profits but using taxes to cause businesses to make investments.  Wouldn't you agree that if that extra factory was unproductive if it wouldnt have had an economical case to be invested in otherwise? Issuing taxes as a blunt tool to cause businesses to throw money at random projects is about the definition of misallocation.  Can we agree to this, absent a taxation debate i generally avoid like the plague?  You really are in a corner on how a company effectively passes a return to those who invested in them without subverting the whole pricing mechanism. Unless that is your point to do. Government control for all investments yeah!"}
{"_id": "67813", "title": "", "text": "This letter sets out the general purpose of the business together with the market, technical, financial and organizational studies. Items such as marketing channels, price, distribution, business model, engineering, location, organizational chart, capital structure, financial assessment, sources of funding, buy a business in florida is generally considered that a business plan is a living document, In the sense that it must be constantly updated to reflect the unforeseen that necessarily arise in the process of creation and consolidation. With your selection method, company philosophy, legal aspects, and your exit plan."}
{"_id": "67816", "title": "", "text": "\"Even if the price of your home did match inflation or better \u2014 and that's a question I'll let the other answers address \u2014 I propose that owning a home, by itself, is not a sufficient hedge against inflation. Consider: Inflation will inflate your living expenses. If you're lucky, they'll inflate at the average. If you're unlucky, a change in your spending patterns (perhaps age-related) could result in your expenses rising faster than inflation. (Look at the sub-indexes of the CPI.) Without income also rising with inflation (or better), how will you cope with rising living expenses? Each passing year, advancing living expenses risk eclipsing a static income. Your home is an illiquid asset. Generally speaking, it neither generates income for you, nor can you sell only a portion. At best, owning your principal residence helps you avoid a rent expense and inflation in rents \u2014 but rent is only one of many living expenses. Some consider a reverse-mortgage an option to tap home equity, but it has a high cost. In other words: If you don't want to be forced to liquidate [sell] your home, you'll also need to look at ways to ensure your income sources rise with inflation. i.e. look at your cash flow, not just your net worth. Hence: investing in housing, as in your own principal residence, is not an adequate hedge against inflation. If you owned additional properties to generate rental income, and you retained pricing power so you could increase the rent charged at least in line with inflation, your situation would be somewhat improved \u2014 except you would, perhaps, be adopting another problem: Too high a concentration in a single asset class. Consequently, I would look at ways other than housing to hedge against inflation. Consider other kinds of investments. \"\"Safe as houses\"\" may be a clich\u00e9, but it is no guarantee.\""}
{"_id": "67817", "title": "", "text": "I agree.  My point was that obtaining a degree for the benefit of having a degree will no longer be the accepted next step after high school.  Degrees won't disappeared outright .  Still the loss of money to higher education will still cause problems."}
{"_id": "67823", "title": "", "text": "&gt; He {Trump} praises steelworkers, speaks wistfully of coal mining, and tweets boastfully about new manufacturing factories  yea, presidents before Trump allowed 66,000 factories to close and be confiscated by China.  66,000 x jobs = a lot of American might gone...hence Trump talking steel, mining etc"}
{"_id": "67824", "title": "", "text": "\"If you're curious, here are my goals behind this silly madness You said it... The last two words, I mean...:-) If you're auditing your statements - why do you need to keep the info after the audit? You got the statement for last month, you verified that the Starbucks charge that appears there is the same as in your receipts - why keeping them further? Done, no $10 dripping, throw them away. Why do you need to keep your refrigerator owner's manual? What for? You don't know how to operate a refrigerator? You don't know who the manufacturer is to look it up online in case you do need later? Read it once, mark the maintenance details in your calendar (like: TODO: Change the water filter in 3 months), that's it. Done. Throw it away (to the paper recycle bin). You need the receipt as a proof of purchase for warranty? Make a \"\"warranty\"\" folder and put all of them there, why in expenses? You don't buy a refrigerator every months. That's it, this way you've eliminated the need to keep monthly expenses folders. Either throw stuff away after the audit or keep it filed where you really need it. You only need a folder for two months at most (last and current), not for 12 months in each of the previous 4 years.\""}
{"_id": "67851", "title": "", "text": "Yes, do not consider the CFA Program unless you are a fourth year university student - even then it is an over achievement at that moment in one's career. That being said, saying you are sitting for the CFA Level I exam in the future can be a differentiator for competitive entry level jobs out of undergraduate."}
{"_id": "67856", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://priceonomics.com/how-much-are-people-making-from-the-sharing/) reduced by 88%. (I'm a bot) ***** &gt; We analyzed anonymized data from Priceonomics customer Earnest, a loan provider, and examined tens of thousands of loan applicants to see how much people are earning on side-gig platforms and how these platforms stack up against each other.  &gt; We do not know how many hours of work the income represents for each platform, as each one has a unique pricing and commission structure.  &gt; Making an average of $924 off their platform each month, Airbnb hosts make nearly three times as much as other workers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6p7c9t/how_much_are_people_making_from_the_sharing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~174231 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **platform**^#2 **income**^#3 **month**^#4 **company**^#5\""}
{"_id": "67904", "title": "", "text": "How do I report this on our income tax return? You should include it on Line 7 of your Form 1040.   Additionally, you should report the extra payment to your employer if it was greater that $20. You can use From 4070 to do this if your employer does not provide you with a form. And finally, you are right, you should Form 4137 to report any tips that you include on your Form 1040 in order to pay the required social security and medicare taxes.   Credit is due to glibdud and Nathan L for constructive feedback! Thanks!"}
{"_id": "67919", "title": "", "text": "Depending on how much you drive, they might be in the same range as far as cost of ownership goes.   I've seen a few salesman for which it was cheaper to get a Tesla than a mid size car like the Fusion of the Camry."}
{"_id": "67943", "title": "", "text": "I moderate in r/finance and this is completely on the moderators. They should disallow purposefully inflammatory nonsense. This would prevent the r/politics bleed over and might help this place become bearable.   The best part is that the second bullet on the sidebar is '/r/business is not the place for stories about the government's economic policies or corporate corruption' yet there are constantly links about so and so CEO fiddling with his compensation or shareholders suspecting fraud, etc."}
{"_id": "67951", "title": "", "text": "Here, you can get a professional recommendation approximately any most important issues and the way they may affect the belongings over time. We offer you better inspection carrier all of that, it's miles an Australia's maximum trusted employer. We will offer you and your property agent with assets to help marketplace the document as one of a number of techniques that permit you to control the sale technique of a pre sale inspections. As one among a number of strategies that let you manage the sale technique. We tell you the real condition of the interior and exterior of the building."}
{"_id": "67968", "title": "", "text": "As someone who works on the sell side, I can tell you you're partially right.  Yes, we do make money off of trades (so just getting people to trade gets the company money) but we do try to be right.  We like to look at overall trends with growth projections and earnings estimates, and (as long as the analyst isn't a bad one) will try to get the right answer.  Often, we try to present different angles to the research and aren't afraid to go out on a limb--so that you'll read it. We like being right though.  The reason we like to be right and make people understand that we know what is going on is simple: a company won't respect research if it's bullshit.  And that goes for trading and buy side firms, but also from the companies involved in the research.  For an investment bank, a large chunk (often over 50%) of revenue comes from M&amp;A deals, and often a company will choose to do a deal with companies they know will give a good value-that come's from their first experience with the company-equity research.  So yes, we don't like to beat up on companies, but we do want to be right.    If the analyst has that bad a rate of success, he's probably pretty bad or you're looking at an industry where nobody saw some huge shift coming.  Edit: Oh, and analysts can't buy or sell any company in their sector (I think this is industry-wide, not just my firm)"}
{"_id": "67989", "title": "", "text": "It's a lot of conjecture but definitely take a look at the Australian economy.  Their minimum wage is over $12 an hour and prices have reached an equilibrium with that number as their starting point.  Money is all relative, there aren't easy solutions for low skilled labor besides subsidizing their lifestyle.    Too early to source stuff."}
{"_id": "68022", "title": "", "text": "\"Political instability and general inability of the government to control crime, economomy, or even remain in existence, would be my greatest worry.  I wouldn't want my bank account to randomly disappear, criminals to come take my stuff and/or life by force because nobody is going to stop them, or a hoarde of revolutionaries appearing at my door telling me \"\"get lost, the times they are a-changin\"\". On a whim, I tried to compare instability to cost of living.  I used lowest monthly disposable income as my correlation to cost of living and the Fragile State index to measure instability.  I picked the 55 lowest to get the countries with $500.00 (usd) and lower in monthly income.   Those countries average out to 83.42 on the Fragile State index, which would be in the \"\"Very High Warning\"\" range and includes 18 countries in the \"\"Alert\"\", \"\"High Alert\"\", or \"\"Very High Alert\"\" status. Obviously, there is some subjectivity in an attempt to measure something in as broad a term as \"\"fragile state\"\", but it illustrates it's point well enough.  Sources: http://en.wikipedia.org/wiki/List_of_countries_by_Fragile_States_Index http://www.nationmaster.com/country-info/stats/Cost-of-living/Average-monthly-disposable-salary/After-tax\""}
{"_id": "68027", "title": "", "text": "Perfect competition would not be the outcome you want from this model, nor does it imply what you posit. It implies that there will be infinitely many firms, with free entry/exit, making zero profits. Bonds would then become a reason for exit if you had heterogeneous firms (but in perfect competition this is unlikely). In fact in equilibrium no would (probably) issue bonds. What it seems like you want is some sort of structured oligopoly, or a regulated cartel separated into regions. This might generate the bond market you have in mind, but it still does not take into account the relative risk of the bonds."}
{"_id": "68037", "title": "", "text": "Here's a nice middle ground: give everyone who falls under DACA full citizenship ~~and is~~ *provided they are* employed*, are in school,* or ~~is~~ *are* actively seeking employment, and then repeal DACA.  Edited for clarity."}
{"_id": "68046", "title": "", "text": "This kind of thing is right up my ally. I am based in Australia so suggestions will be Australian based. I was looking at starting up a private consultancy. Basically use neto as your ERM and online website. link in to xero for accounts. Netos predictive inventory module tells you when to restock on raw materials."}
{"_id": "68047", "title": "", "text": "&gt; The state is heavily involved in American health care, an enormous component of why it is so expensive and inaccessible.  No - the reason is it so expensive and inaccessible is because it's not fully nationalised.  In the UK we pay **less** for NHS than you do for your medicare, per capita.  The US has the worst of all systems.  &gt; The latter quoted accusation does not make sense, and that was exactly Bastiat\u2019s point.  It makes no sense as an analogy either."}
{"_id": "68058", "title": "", "text": "Speeding and distracted driving are among the most common reasons for getting a traffic ticket. Consult with Stephen G. Price, a seasoned defence lawyer in Langley, if you need help in defending your rights and preventing your license from being revoked."}
{"_id": "68073", "title": "", "text": "I'm not sure if there are nuances between countries and appreciate your question is specifically about the US, but in the UK, mobile phone contracts, including SIM only, as seen by the chat in this experion website chat shows that mobile contracts are included in credit ratings for 6 years."}
{"_id": "68081", "title": "", "text": "Please stay on topic. I haven't said anything about negotiation power.   But to answer your question, the employer is the one that needs a position filled, not the potential employee. If a potential employee doesn't like the wage offered, he can go apply elsewhere. How is this unbalanced?"}
{"_id": "68083", "title": "", "text": "There was one nugget in this pretty bad article.  Lowering taxes on the investor class - specifically on capital capital gains does not in itself spur investment if there is not growth in the overall economy.  What it does do is spur short term speculation since capital gains taxes are only levied on the sale - it's cheaper to buy/sell, buy/sell, etc."}
{"_id": "68088", "title": "", "text": "Looking through his post history, it seems all he does is hit up Internet strangers for advice on his business. I don't see it there, but I vaguely remember a post he had on either here or r/personalfinance that didn't go his way.   On topic: if it were me, I'd want no less than 60% of the company. If I'm fronting 100%, it's *my* risk, while you have zero."}
{"_id": "68094", "title": "", "text": "Depending on your perspective of it, I can see reasons for and against this idea. Only with the benefit of hindsight can one say how wise or unwise it is to do so. Earlier in my career, I invested and lost it all. Understand if you do buy when would you be able to sell, do you have to have an account with the underwriter, what fees may there be in having such an account, and would there be restrictions on when you could sell."}
{"_id": "68144", "title": "", "text": "First, if your account has been closed you should not be able to use your debit card in any format.  As you mentioned that you are able to use that so your back account is active. So this indicates it is a scam In case account is closed, bank confirms your address and will send you a cheque for the amount in your account.  Don't worry. You money will never be lost"}
{"_id": "68154", "title": "", "text": "\"You will always pay the 10% penalty and the income tax on the money, so even if you withdraw amounts below the taxable limits - you still pay 10% tax. However, you can probably offset that from your Indian tax liability on the money. If you convert it to Roth - you should check with an Indian tax accountant/adviser what the Indian tax treatment would be. It is likely that \"\"Roth\"\" advantages are unrecognized by foreign countries, so you may end up paying taxes on both the conversion (in the US) and the distribution (in India). Check with a tax adviser who's knowledgeable about the Indo-US tax treaty and the tax laws in both the countries, this may be trickier than people with no international tax experience may think.\""}
{"_id": "68177", "title": "", "text": "&gt;you can have the exact same scenario I described above in a competing currency system.  Not for a lengthy period of time, or in massive amounts (as we see today).  &gt;Typically the Cantillion Effect has bankers disadvantaged because they get their interest payment after the inflation effects prices. It is the primary loan receiver who gets the best value.  I encourage you to watch this short video, to understand how the transfer of wealth to bankers occurs:  http://www.youtube.com/watch?v=hx16a72j__8"}
{"_id": "68187", "title": "", "text": "\"Am I being absurd? No. Should I be worrying? Yes. If I sell in the morning, I've only lost a couple hundred dollars, and   learned a valuable lesson. Is there any reason to believe it won't be   that simple? If you're lucky, you'll be able to dump your stocks to someone like you who'll be punching himself in the face tomorrow night. If not - you're stuck. You may end up selling them to your broker as worthless. You might have become a victim of a \"\"pump and dump\"\" fraud. Those are hard to identify in real-time, but after been burned like that myself (for much lesser amounts than you though), I avoid any \"\"penny\"\" stocks that go up for no apparent (and verifiable) reason. In fact, I avoid them altogether.\""}
{"_id": "68190", "title": "", "text": "In cases like this you should be aware that tax treaties may exist and that countries are generally willing to enter into them. Their purpose is to help prevent double taxation. Tax treaties often times give you a better tax rate than even being a resident of the countries in question! (For instance, the Italy to US tax rate is lower than simply doing business in many United States)  This should guide your google search, here is something I found for Germany/Spain http://tmagazine.ey.com/wp-content/uploads/2011/03/2011G_CM2300_Spain-Germany-sign-new-tax-treaty.pdf It appears that the dividend tax rate under that treaty is 5% , to my understanding, the income tax rates are often multiples higher! I read that spain's income tax rate is 18%  So what I would do is see if there is the possibility of deferring taxes in the lower tax jurisidiction and then doing a large one time dividend when conveninet. But Germany isn't really known for its low taxes, being a Federal Republic, the taxes are levied by both the states and the federal government. Look to see if your business structure can avoid being taxed as the entity level: ie. your business' earnings are always distributed to the owners - which are not germany citizens or residents - as dividends. So this way you avoid Germany's 15% federal corporate tax, and you avoid Spain's 18% income tax, and instead get Spanish dividends at 5% tax. Anyway, contact a tax attorney to help interpret the use of the regulations, but this is the frame of mind you should be thinking in. Because it looks like spain is willing to do a tax credit if you pay taxes in germany, several options here to lower your tax footprint."}
{"_id": "68210", "title": "", "text": "Interesting. See I thought that it was just me that didn't go to McDonald's and that many other people (the majority) still go. But, no. The reason I don't go is because of the unhealthiness. Now I will go if it's a last resort. After all, I actually like the food! It's good old fast food. I'm noticing all these top comments about the food being terrible and nasty, but I love it. Even though the quality is very poor."}
{"_id": "68239", "title": "", "text": "The issue is how likely you will have zero income for six months, and what are your monthly expenses. If you know the maximum medical bill you face that may allow you to save a smaller amount. But you still have to protect for that loss of income. The interuption could be because of job loss, medical emergency, or other family crisis.  If I told you that  the chances you would face a crisis dropped by 50%, would you decide that the need for an emergency fund went away? Or would you still create a fund? I think the need still exists just to avoid the downside if you aren't prepared."}
{"_id": "68248", "title": "", "text": "\"I don't know if it counts as a formal answer, but Dale Carnegie has  always preached that income is related to how well you treat and get  along with other people. His observation is that the highest paid  people are those with the best people skills, because the ability to  manage other people has higher value than singular ability.  Conversely, people making minimum wage often work \"\"harder\"\" than people  making more money.  The old saw about \"\"work smart, not hard\"\" is a bit trite. In many  fields, efficiency is valued over \"\"hard work\"\".\""}
{"_id": "68249", "title": "", "text": "\"In this instance \"\"quotational\"\" is a reference to a market price quote, not a mathematical function.  Staunch \"\"value investors\"\" like Graham, Dodd, Munger, Buffett et al. believe there is a material difference between what security is \"\"worth\"\" and what the current market mood quotes as its price.   You, the investor, perform your analysis then derive a value for a security. If there has been no material change to an aspect of the security you analyzed then there hasn't been a change in that security's value, even if there has been a decline in the price quoted by the market, that is a \"\"quotational loss.\"\"\""}
{"_id": "68269", "title": "", "text": "\"You're hearing alot of talk about housing (and by implication property) not being an investment today because on the downside of a market, the conventional wisdom is to be negative about buying things that have lost value. Just as it was dumb to listen to your coworker about hot .Com IPOs in 1999, it's dumb to listen to the real estate naysayers now. Here's another question along a similar vein: Were stocks a good investment in the spring of 2009?  The conventional wisdom said: \"\"No, stocks are scary! Buy T-Bills or Gold Bullion!\"\". The people who made money said: \"\"Wait a second, Goldman Sachs is down like 75%? IBM is down like 30%, are they going anywhere? Time to buy.\"\" The wrong house is a poor investment in any economy. Buying a house in Detriot in 1970 was not a good move. Buying a house that needs $50k in work, not a good move. Buying a condo with a bankrupt HOA in Florida is not a good idea. But a good house that is well cared for is a great investment.  I'm living in a house right now that is 80 years old, well maintained and affordable on a single income. A similar home a few blocks away sold in May for the same price as we paid in 2006. I'm paying about 20% less than I would for an apartment, and we'll think about moving in 2016 or 2017, by which time I'll probably have put $30-50k into the house. (Roof, kitchen, exterior painting, minor renovation)\""}
{"_id": "68270", "title": "", "text": "I like Keshlam's answer and would like to add a few notes: While your enthusiasm to invest is admirable learning patience is a key aspect of wealth building and keeping."}
{"_id": "68275", "title": "", "text": "\"It looks like the HST will be in effect in Ontario on July 1st, 2010.   As to whether it will replace GST with HST for all services, it looks like some sectors may get special treatment: Ontario may exempt mutual funds from HST (National Post).  But it doesn't look final yet. However, I would suggest that most service-based businesses in Ontario need to prepare to start charging 13% HST instead of 5% GST.  It will be the law. On the \"\"goods\"\" side of the new harmonized tax, it looks like certain goods will still be exempt from the provincial portion.  Here's a quote from the Ontario Budget 2009 News Release: \"\"Books, diapers, children's clothing   and footwear, children's car seats and   car booster seats, and feminine   hygiene products would be exempt from   the provincial portion of the single   sales tax.\"\" Here's some additional information on the introduction of the HST, from the province: General Transitional Rules for Ontario HST. And finally, another interesting article from the Ottawa Business Journal: Preparing For Ontario Sales Tax Harmonization \u2013 It's Not Too Early  UPDATE: I just received an insert from Canada Revenue Agency included with my quarterly GST statement.  Titled \"\"Harmonization of the Sales Tax in Ontario and British Columbia\"\", it contains a section titled \"\"What this means for you\"\" (as in, you the business owner).  Here's an excerpt: [...] All Ontario and B.C. registrants would need to update their accounting   and point-of-sale systems to   accomodate the change in rate and new   point-of-sale rebates for the   implementation date of July 1, 2010. The harmonization of the sales tax in Ontario and B.C. may affect the   filing requirements of registrants   outside of these two provinces. Registrants will report their HST according to their current GST filing   frequency. As a result of the harmonization, there will be changes to the rebates   for housing and public service bodies. More information will be released as   it becomes available. Visit the CRA   web site often, at   www.cra.gc.ca/harmonization, for   the most up-to-date information on the   harmonization of the sales tax and how   it may affect you. [...] Last, I found some very detailed information on the HST here: NOTICE247 - Harmonized Sales Tax for Ontario and British Columbia - Questions and Answers on General Transitional Rules for Personal Property and Services.  Chances are anything you want to know is in there.\""}
{"_id": "68302", "title": "", "text": "Most people aren't 'paid pretty darn well' when looking at historical real wages.  This is the result of many things, one being corporate consolidation where any and all efficiencies are passed on to the executives and shareholders.  Meanwhile, your wife's salary has been slowly eroded away for the past 30 years.  I get trying to see the positive side but c'mon man, you gotta wake up."}
{"_id": "68320", "title": "", "text": "See my reply above:  &gt; My post has, as of this very moment, 58 votes, with 88% up votes.  &gt; Vocal frustrated and disappointed anti-Trumpers can't change that.  &gt; Anyway, why are you so upset that Trump reduced the debt?  &gt; Maybe you should be happy for this and upset on other things Trump did that are not good? Any of those?"}
{"_id": "68325", "title": "", "text": "&gt;Nearly 20 years ago in the book Market Wizards, hedge fund manager Michael Steinhardt said the term hedge funds is a misnomer because most funds don\u2019t hedge, and a new name is almost 2 decades overdue. The more apt titles such as Alt In or absolute return funds haven\u2019t seen any traction, so hedge funds seems here to stay. Besides, consider how misnamed mutual funds are. Vanguard is one of the only mutual fund names that remains a mutual ownership structure, so what\u2019s in a name anyway."}
{"_id": "68357", "title": "", "text": "The [free local classifieds](http://www.mamoof.com/) are grouped within the publication, on issues such as accounting, automobiles, agricultural products, clothing, sale and rent, etc. This classification of products and services are known as the ads. There are many social bookmarking sites where you can post your classified ads or by manual submission or automated submission no cost to reach millions of potential readers."}
{"_id": "68361", "title": "", "text": "I have this problem with my parents.  They have stuff that they inherited or collected, and they have memories of them, and they want their kids to have them.  The problem is, we don't have those memories.  We didn't grow up with the stuff they have now.  So, while it's nice stuff, it's just that: Stuff.  I don't need more stuff.  I have no place to put their stuff.  I can't afford to store their stuff.    It points to the whole issue of materialism. What is the point?  One day you're going to die, and someone else will have to deal with all the stuff you collected."}
{"_id": "68367", "title": "", "text": "They still got away with pocketing the cash and I got uhh DSL (shitty limited range technology) and other crummy something or other long distance options!  Fuck MA BELL. Name any phone company, it's still MA BELL. Smaller competitive with someone else company my ass. They're letting it merge back together too.  I still love the day our towns Main Street was being torn up to be repaved. During this little adventure they severed some fiber optic cables. It took out the cell phone network (and ONLY that network). I'll leave that there for someone to attempt to figure out."}
{"_id": "68373", "title": "", "text": "It seems like it could be used for the reason stated, but it's hard to escape a more cynical reaction.  If you have a work station and it's assigned to somebody, then you can conclude that it's in use, unless that person is not working. The only way to get new information is by applying these to a series of unassigned work stations, to determine if you have more or less of these than you need.  This just seems like another step towards treating employees more and more like prisoners."}
{"_id": "68389", "title": "", "text": "Well if we had a democracy then people are the ones that have to act to keep the government accountable.  But in our society large economic interests have the influence over government so we have a plutocracy. So that's who is getting in the way of the people keeping their government accountable."}
{"_id": "68400", "title": "", "text": "\"One thing not mentioned is that in so called third world countries, a lot of \"\"stuff\"\" isn't actually less expensive.  Food is almost always less expensive, housing is often less expensive, but cars, fuel, computers, smartphones, electronics, brand name clothing, shoes, cosmetics, tools, art supplies, internet service, bicycles, sporting goods and many other consumer items are typically more expensive.\""}
{"_id": "68404", "title": "", "text": "\"This is a supplement to the additional answers.   One way to generate \"\"passive\"\" income is by taking advantage of high interest checking / saving accounts.  If you need to have a sum of liquid cash readily available at all times, you might as well earn the most interest you can while doing so.  I'm not on any bank's payroll, so a Google search can yield a lot on this topic and help you decide what's in your best interest (pun intended).     More amazingly, some banks will reward you straight in cash for simply using their accounts, barring some criteria.  There's one promotion I've been taking advantage of which provides me $20/month flat, irrespective of my account balance.  Again, I am not on anyone's payroll, but a Google search can be helpful here.  I'd call these passive, as once you meet the promotion criteria, you don't need to do anything else but wait for your money.   Of course, none of this will be enough to live off of, but any extra amount with minimal to zero time investment seems to be a good deal.   (if people do want links for the claims I make, I will put these up.  I just do not want to advertise directly for any banks or companies.)\""}
{"_id": "68406", "title": "", "text": "Online groceries in Kolkata can put a conclusion to feared treks to the market. There are administrations that ship staple goods the nation over and a few chains utilize nearby conveyance too. This can spare us huge amounts of time, and that itself is justified regardless of its ruler's payment. In any case, can shopping on the web market in Kolkata preserve us cash? Regularly it can."}
{"_id": "68417", "title": "", "text": "Tl;dr by anecdata I paid for my master's degree from investments/savings with a HELOC backstop  It appears you don't have the 62k cash needed for tuition and living expenses so your decision is between financing a degree by selling your investments or a loan.   Ultimately this comes down to the yes/no sell decision on the investments.  Some things to consider:"}
{"_id": "68422", "title": "", "text": "Because I (and no one really) am not going to talk about much in a public, archived place. Even with a username you could never tie to my actual one, there's too much risk. So you get the various bullshit articles, crackpot theories, and college kids because those are the only things that don't matter."}
{"_id": "68424", "title": "", "text": "Many people have suggested that the degree's emphasis on financial analysis (1) downplays the management of creative work such as product design, and (2) ignores long-term costs that don't appear on the balance sheet, such as environmental destruction or loss of customer respect."}
{"_id": "68431", "title": "", "text": "Buy a car. Vehicle loans, like mortgages, are installment loans. Credit cards are revolving lines of credit. In the US, your credit score factors in the different types of credit you have. Note that there are several methods for calculating credit scores, including multiple types of FICO scores. You could buy a car and drive for Uber to help cash flow the car payments and/or save for your next purchase. As others have suggested, you should be very careful with debt and ask critical questions before taking it on. Swiping a credit card is more about your behavior and self-control than it is logic and math. And if you ever want to start a business or make multi-million dollar purchases (e.g. real estate), or do a lot of other things, you'll need good credit."}
{"_id": "68439", "title": "", "text": "As the bank probably told you, a HOA has no assets.  Taking out loans like that is the domain of a co-op, which is a different kind of corporation and residents own shares in a corporation that owns the entire property as an asset. It is probably a bad idea to allow someone to be a guarantor of the loan.  These kinds of things may pop up in an annual audit of the books (why is a particular person being paid a monthly fee?) or may be seen as red flags by banks offering mortgages to buyers in the HOA."}
{"_id": "68441", "title": "", "text": "\"There's no way to confirm this anecdote I'm about to say tell you guys.  However, I'm a computer programmer.  I went for a job interview a few years ago at a top-tier bank.  When they sat me down for the interview.  They told me that their job was to take a rich person's income and let's say they pay 40% in tax.  They'll move it around so that they pay 20% in tax.  Also, these banks ... a lot of the programmers are earning 550-650 per-day and that's in pound sterling.  These programmers will create a company and pay themselves the lowest salary rate.  So they will avoid as much tax as possible because it's their \"\"company\"\".  Those programmers aren't in the millionaire range though.  They're probably just pulling over 100,000 pounds a year taxed at a really low rate.  After working with them ... you can't make any of these guys feel anything.\""}
{"_id": "68442", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://cacm.acm.org/news/220768-what-the-industrial-revolution-really-tells-us-about-the-future-of-automation-and-work/fulltext) reduced by 92%. (I'm a bot) ***** &gt; As automation and artificial intelligence technologies improve, many people worry about the future of work.  &gt; Accountants, lawyers, truckers and even construction workers - whose jobs were largely unchanged by the first Industrial Revolution - are about to find their work changing substantially, if not entirely taken over by computers.  &gt; Rubinstein&amp;#039;s basic assertion, which is that economic theory tells us more about economic models than it tells us about economic reality, is a warning: We should listen not only to economists when it comes to predicting the future of work; we should listen also to historians, who often bring a deeper historical perspective to their predictions.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6yauel/what_the_industrial_revolution_really_tells_us/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~204913 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **automation**^#2 **people**^#3 **Industrial**^#4 **Revolution**^#5\""}
{"_id": "68462", "title": "", "text": "\"As the European crisis worsened the Swiss Franc (CHF) was seen as a safe currency so Europeans attempted to exchange their Euros for Francs.  This caused the Franc to appreciate in value, against the Euro, through the summer and fall of 2011.  The Swiss government and Swiss Central Bank (SNB) believe mercantilism will create wealth for the citizens of Switzerland.  The Swiss central planners believe that having an abundance of export businesses in Switzerland will create wealth for the citizens of Switzerland as the exporters sell their good and services abroad and pocket a bunch of cash.  Thus, the central planners tend to favor exporters.  From the article: At the start of the year, when exporters urged for government and SNB action, ... The Swiss Central bank continued to intervene in currency markets in 2011 to prevent the CHF from appreciating.  This was done to prevent a decrease in export business.  Finally after many failed attempts they announced the 1.20 peg in September.   The central planners give little consideration to imports, however, since manufacturers in foreign countries don't vote or contribute to the campaign funds of the central planners in Switzerland.  As the CHF strengthened many imported items became very cheap for Swiss citizens.  This was of little concern to the central planners. Currencies are like other goods in a market in that they respond to supply and demand.  Their value can change daily or even hourly based on the continually varying demands of people.  This can cause the exchange rate to rise and fall against other currencies and goods.  Central planners mistakenly believe that the price of certain market items (like currency) should not fluctuate.  The believe there is some magical number that will cause the market to operate \"\"better\"\" or \"\"more correctly\"\". How does the SNB maintain the peg?  They maintain the peg by printing Francs and purchasing euros.\""}
{"_id": "68472", "title": "", "text": "My car loan, much to my disappointment, was through Wells Fargo. I went to my credit union and refinanced (with a .1% increase of interest) and I feel a lot better about my payments.  In reality, it pays for itself because my credit union is customer-owned, and my dividends offset the extra cost. :)"}
{"_id": "68473", "title": "", "text": "World Recovery Centers offers a full treatment of substance abuse for adult men and women in the United States and other countries. We provide the best Drug and alcohol detox programs in the world. We can admit of a drug addicted person based upon individual needs as assessed through comprehensive evaluations.  For you and your loved one, we also provide the drug addiction treatment through the web. For any information about drug addiction programs, visit our website."}
{"_id": "68486", "title": "", "text": "Congratulations on starting your own business. Invest in a tax software package right away; I can't recommend a specific one but there is enough information out there to point you in the right direction: share with us which one you ended up using and why (maybe a separate question?) You do need to make your FICA taxes but you can write off the SE part of it. Keep all your filings as a PDF, a printout and a softcopy in the native format of the tax software package: it really helps the next tax season. When you begin your business, most of the expenses are going to be straightforward (it was for me) and while I had the option of doing it by hand, I used software to do it myself. At the beginning, it might actually seem harder to use the tax software package, but it will pay off in the end. Build relationships with a few tax advisors and attorneys: you will need to buy liability insurance soon if you are in any kind of serious (non hobby) business and accounting for these are no trivial tasks. If you have not filed yet, I recommend you do this: File an extension, overpay your estimated taxes (you can always collect a refund later) and file your return once you have had a CPA look over it. Do not skimp on a CPA: it's just the cost of running your business and you don't want to waste your time reading the IRS manuals when you could be growing your own business. Best of luck and come back to tell us what you did!"}
{"_id": "68488", "title": "", "text": "Secura Bags, a division of National Document Shredding is a proud Australian owned and operated shredding service providers who work with companies to ensure secure shredding service. We have years of hands on experience in the industry, visit us now to know more."}
{"_id": "68509", "title": "", "text": "I think they say that they show rooms that cost $20-$30 more.  I am guessing that they show DIFFERENT rooms.  It isn't the same room for more; but showing more expensive options to fancy Apple users.  Ubuntu users should get the Japan coffin style options shown :-P"}
{"_id": "68515", "title": "", "text": "\"Here is one \"\"other consideration\"\": don't, don't, don't sell based on insider information. Insider trading can land you in jail. And it's not restricted to top executives. Even overhearing a discussion about the current status of the acquisition talks can mean that you have insider information that you legally cannot act on in many jurisdictions. If you are just a regular employee, the SEC will likely not subject your dealings to special scrutiny, especially since lots of your colleagues will likely trade your company's shares at this point in time. And if you definitely hold insider info (for example, if you are intimately involved with the acquisition talks), you will likely have had a very serious warning about insider trading and know what you can and what you cannot do. Nevertheless, it's better to be careful here.\""}
{"_id": "68516", "title": "", "text": "You have to consider that taxes that you pay on the premiums is money definitely paid, while benefits being tax free won't save you a thing if you never receive the benefits."}
{"_id": "68519", "title": "", "text": "Guns. Without them, any other conceivable asset would be taken from you. By someone with guns."}
{"_id": "68523", "title": "", "text": "How is that a victim mentality?  You are being obtuse. Every business pays taxes.  Why is it a big deal that walmart paid taxes?    &gt; How about Walmart and other large large employers just shut down.  Why are you being stupid?  What does this have to do with anything?  I don't care what companies shut down because other companies will take their market share.  that's how the economy works."}
{"_id": "68524", "title": "", "text": "The tax savings of being 1099 can be significant.  It depends on your salary, and what you can deduct.  You may want to consult with an accountant.   The social security tax, for the self employed, is 12.4% of profit not on revenue.  If you can write off more than half of the income as expenses then you could be paying less than a w-2 employee. Also you might make a higher salary as a 1099, it is rare the offer the same compensation for a W-2 as a 1099 as the former has higher expenses for the employer. It is hard to know without actual numbers, actual expected expense deductions and so forth.  Which is why I would suggest consulting with an accountant.  You may want to talk to one in the state where he will be working rather than where you live now."}
{"_id": "68536", "title": "", "text": "Yes you are. Trickling down only works when there are enough jobs. All those receptionist that are being displaced by graduates or PA's will try to find a new job.  But the economy isn't very good so career options are limited and the chance of improving your career are slim.  So these receptionists apply to cleaning positions or McDonald.  Cleaning companies might think hey here is someone who has proven to be reliable and being able to communicate with clients. They hire the receptionists. Where do the cleaners go? Not enough jobs = not enough jobs. When you have a comfortable middle class career switching might be an option but for the working class it is almost impossible in a bad economy."}
{"_id": "68539", "title": "", "text": "\"Eugene Kaspersky warns against danger of cyber war - IT News from V3.co.uk By nortonmed on June 1, 2012 http://www.v3.co.uk/v3-uk/news/2178881/eugene-kaspersky-warns-impending-cyber-threat     Security mogul Eugene Kaspersky has declared cyber warfare as \"\"the internet's greatest threat.\"\"  Kaspersky believes that cyber warfare has leaped over threats such as cyber crime and privacy issues to become the most dangerous issue facing the web. He spoke at the Australian Cebit convention about the potential damage of cyber super weapons and the future of internet security.  \"\"Cyber weapons can damage a physical object as badly as a traditional weapon,\"\" Kaspersky was quoted as saying during his keynote presentation in Sydney.  \"\"It is a realistic scenario against any country because we all have the same systems. All it takes is the wrong people with the right motives.\"\"  While both the public and private sector have been scrambling in recent years to protect critical infrastructure against cyber attacks, experts have suggested that most hypothetical attacks would likely be limited in scope to a local or regional scale.  Kaspersky argues that the only way to prevent a catastrophic series of attacks in the future would be for countries to come together and sign international pacts against the use of cyber weapons.  \"\"I'm afraid that there's only one way that they can be protected and that's international agreements against cyber weapons, same as was done with nuclear weapons, chemical weapons and biological weapons,\"\" Kaspersky said.  Both China and the US showed positive signs for peace when they held cyber security excercises earlier this year in a sign of solidarity.  During his speech Kaspersky pointed to the Stuxnet virus as a barometer for the power of cyber warfare. The highly-sophisticated virus successfullyinfected Iran's nuclear programme and is believed to have caused critical damage to uranium-enrichment equipment\""}
{"_id": "68550", "title": "", "text": "&gt; What they pay is the market wage by definition.  How are we defining market? Retailers? If so, they pay below market.  Other retailers pay more.  Try and make that fact stick for a second before you reply.  If you define Wal-Mart as it's own market, sure, they pay market wages by definition.  They are, after all, the largest retailer in the USA.  &gt; In which case, why don't they work for one of those other employers?  Low turnover at those other employers.  Workers who are happy leave the company less, thus, less openings for new workers.  &gt; In what way does that force people to work for Wal-Mart? You act like the only way to get a job is to work for them. If you do not like the job that Wal-mart offers you, there is no compulsion to accept it.  Again, real world vs theory.  Look at small towns across the country, where Wal-Mart plops down a superstore right at the annex of the biggest few towns in the area.  Mainstreets can't compete, but the people still live there.  A lot them, all their lives.  Those shop owners know how to do retail, and guess what jobs open up in their areas? Choosing to move somewhere else and uproot your whole life isn't an easy thing to do for those folks.  Taking a job at Wal-Mart to support your family doesn't seem like a terrible option to a lot of them at the time, when it happens.  Heck, people actually get excited about Wal-Mart, thinking they could make manager one day and what have you.  So they do choose to work for Wal-Mart, but really, they have no other choice.  They could just become homeless, yes, that is a choice they could make.  Is it a realistic one? No.  &gt; Workers are not essentially the same - if they were, they would tend to have the same wage.  Didn't you just get done telling me that market wages are set by the market?  You honestly believe that the workers at Costco are inherently more capable of the retail work Costco does and therefore don't work at Wal-Mart, because of their superior skillset?  I worked at Wal-Mart briefly, out of high school.  I was a great worker when I got hired, because I worked for the store remodel team out of Arkansas and they trained me very well.  Then I started working in electronics and had very bad training by the outgoing manager, so I was viewed as a bad worker by the new manager of that department.  Was I bad worker? Not at all, I just wasn't trained well.    Wal-Mart has excellent and fully capable workers in some stores, some areas, etc, and terrible ones in others.  They have a revolving cast of managers, and a lot of the capable ones leave the second something better comes along.  So you have this slipshod management style and training that can be anything, and yes, the more competent people leave.  Why? **Because Wal-Mart pays below market wages and benefits.**  You can find good and bad workers at all retail stores, some with excellent training and some without.  Wal-Mart is a bottom feeder but they employ plenty of good people who just have no other options.  You seem to have this notion that the more 'productive' workers are readily apparent.. why look at this fine lad, he's 20% more productive than the rest of your workers.  It doesn't work like that in real life.  Sorry."}
{"_id": "68552", "title": "", "text": "\"The Amazon recommendation engine is based on an artificial intelligence framework called Deep Scalable Sparse Tensor Network Engine (DSSTNE), nicknamed \"\"destiny\"\". So it is clear that Amazon wishes to control your destiny. Even the books you find yourself reading will be determined by their AI.\""}
{"_id": "68570", "title": "", "text": "\"From the oiq website:  \"\"Notez toutefois que seules les personnes titulaires d\u2019un permis d\u2019ing\u00e9nieur et inscrites au tableau de l\u2019Ordre peuvent exercer la profession et utiliser le titre d\u2019ing\u00e9nieur. Les personnes qui ne sont pas titulaires d\u2019un permis d\u2019ing\u00e9nieur peuvent exercer une activit\u00e9 professionnelle r\u00e9serv\u00e9e \u00e0 l\u2019ing\u00e9nieur par la loi, mais uniquement sous la direction et la surveillance imm\u00e9diates d\u2019un ing\u00e9nieur.\"\"  \"\"Please note, however, that only persons who hold an engineering permit and who are registered on the Ordre board may practice the profession and use the title of engineer. Persons who do not hold an engineer's permit may engage in a professional activity reserved for the engineer by law, but only under the immediate direction and supervision of an engineer.\"\"  http://www.oiq.qc.ca/fr/jeSuis/candidat/pourquoiEtreMembre/Pages/default.aspx\""}
{"_id": "68604", "title": "", "text": "You will find money in less than an hour!   Today is the day to smile or at least experience a bright spot in your day. Take a few minutes from reading, writing, working or whatever it is that drew you into cyberspace today. Lets find some cash, money, dinero, lout, fat wallet, bulging pocketbook! Maybe by the end of the day you will be shopping , driving a new car, calling a friend with some good news, or at best case scenario negotiating the bottom dollar for the mansion of your dreams.   http://angelabrummer.hubpages.com/hub/Money-for-FREE-in-minutes"}
{"_id": "68609", "title": "", "text": "\"I was told if I moved my 401k into a Roth IRA that school purposes is one reasons you can withdraw money without having to pay a tax. Incorrect.  You will need to pay tax on the amount converted, since a 401(k) is pre-tax and a Roth IRA is after-tax.  It will be added to your regular income, so you will pay tax at your marginal tax rate. is there any hidden tax or fee at all for withdrawing money from a Roth IRA for educational purposes?  You still will need to pay the tax on the amount converted, but you'll avoid the 10% penalty for early withdrawal. I know that tuition, books and fees are covered for educational purposes. Can I take out of my Roth IRA for living expenses while I'm attending school? Rent, gas, food, etc... Room and board, yes, so long as you are half-time, but not gas/food  Possibly only room and board for staying on-campus, but I'm not certain, although I doubt you could call your normal house payment \"\"education expense\"\" with my 401k being smaller, would it just be better to go ahead and cash the whole thing and just pay the tax and use it for whatever I need it for? What is the tax if I just decide to cash the whole thing in?  You pay your marginal tax rate PLUS a 10% penalty for early withdrawal.  So no, this is probably not a wise move financially unless you're on the verge of bankruptcy or foreclosure (where distress costs are much higher then the 10% penalty) I can't answer the other questions regarding grants; I would talk to the financial aid department at your school. Bottom line, transferring your 401(k) is very likely a bad idea unless you can afford to pay the tax in cash (meaning without borrowing).  My advice would be to leave your 401(k) alone (it's meant for retirement not for school or living expenses) Ideally, you should pay for as much as you can out of cash flow, and don't take out more student loans. That may mean taking fewer classes, getting another part time job, finding a different (cheaper) school, applying for more grants and scholarships, etc.  I would not in ANY circumstance cash out your 401(k) to pay for school.  You'll be much worse off in the long run, and there are much cheaper ways to get money.\""}
{"_id": "68622", "title": "", "text": "\"**Occam's razor**  Occam's razor (also Ockham's razor; Latin: lex parsimoniae \"\"law of parsimony\"\") is a problem-solving principle attributed to William of Ockham (c. 1287\u20131347), who was an English Franciscan friar, scholastic philosopher, and theologian. His principle states that among competing hypotheses, the one with the fewest assumptions should be selected.  In science, Occam's razor is used as a heuristic guide in the development of theoretical models, rather than as a rigorous arbiter between candidate models.  ***  **Hickam's dictum**  Hickam's dictum is a counterargument to the use of Occam's razor in the medical profession. While Occam's razor suggests that the simplest explanation is the most likely (implying in medicine that diagnostician should assume a single cause for multiple symptoms), Hickam's dictum is commonly stated: \"\"Patients can have as many diseases as they damn well please\"\". The principle is attributed to John Hickam, MD. When he began saying this is uncertain. In 1946 he was a housestaff member in medicine at Grady Hospital in Atlanta.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^| [^Donate](https://www.reddit.com/r/WikiTextBot/wiki/donate)   ^] ^Downvote ^to ^remove ^| ^v0.28\""}
{"_id": "68631", "title": "", "text": "Yes, maybe. Sometimes the mother company (that makes the car) covers a bit of the loss that comes from the super-offer loan, so the dealer loses a bit less. But generally, you are right. you should be able to talk them into some rebate that gets you around the given number, depending on how good you are a negotiator (and how urgently they need to sell a car)"}
{"_id": "68632", "title": "", "text": "There are two main reasons for the difference between these two numbers: While there are a few people that are wildly wealthy, most of the people with more than 10 million have between 10-50 million dollars.  These people shield most of their estate and in the end the tax only effects a small portion of even the wealthy."}
{"_id": "68636", "title": "", "text": "It turns out that my logic was faulty. I wasn't aware that RRSP contributions and RRSP deductions are independent. There's no reason to split up my RRSP contributions across the two years. In my original plan, I was going to defer some RRSP contributions until 2017 so that they wouldn't be deducted from my 2016 income. This isn't necessary \u2014 nothing is forcing me to deduct the entire RRSP contribution on my taxes this year. I can still follow the plan I described in my question and max out my RRSP contribution this tax year by only deducting part of the contribution on this year's taxes"}
{"_id": "68638", "title": "", "text": "Regulation D helps regulate the amount of money a financial institution has on hand at any particular time. Savings accounts are not factored into that. Because of that, there has to be a limit on how many withdrawals can occur in order to keep proper classification on the number of transactions."}
{"_id": "68640", "title": "", "text": "What does your cash flow look like? If you can comfortably afford to pay the extra cost and ride out the mortgage, it can be a nice investment. Better if you can manage the property yourself and are somewhat handy. Realize you should be able to raise rents over time so that it is cash flow even eventually.    If cash flow is tight, sell it and re-fi your current place"}
{"_id": "68643", "title": "", "text": "Yep! And /u/msattam, if you're just getting started with learning this stuff...  &gt; So the company, acting in the investors' best interest...  ... while u/S4ndals is correct here in an academic sense, to expand on his point, you'll soon find the mileage to vary quite a bit on this issue in the real world. The vast majority of companies rarely act in the investors' best interest as a whole. It's uhhh, it's complicated."}
{"_id": "68645", "title": "", "text": "\"&gt; Well, if you only own the option, you are only limited to loosing the premium. With futures, at least with the brokers I talked to, most of the time you need to sign a margin contract just to trade futures. I don't want to go into debt, and I don't think I would do too well to be fairly honest.  This isn't how margin works. Your broker would demand more money before coming back to you.  &gt;  I am a college student, and want to limit my risk  Yet you're talking about things that are very risky, and that you don't take seriously.  &gt;  To me honest, if I had my way I would just buy and hold, and that is the strategy I want to emulate closest  Why aren't you buying and holding equities funds? Why not have your way?  &gt; Basically, I want to avoid debt, but still trade commodities.   \"\"Margin\"\" in futures isn't a loan. It's the fraction of the value of a contract you actually pay. There's no borrowing involved.  If you want less risk, don't get the maximum you can, but rather have cash reserves.  You do not sound like you are in a position to be investing in these sorts of instruments at all.\""}
{"_id": "68670", "title": "", "text": "\"Ok sure, your homeowners insurance now includes all those things. Floods, hurricanes, terrorism... its also now twice the price. You're on /r/finance, not /r/politics. You should understand that you pay a premium for every risk that you off-lay. It is well known that basic homeowners insurance does not cover floods. If you want it, you can get it. Most people in a non flood-prone area will say, \"\"I'm willing to take that risk, I'll save $500/yr and not get it\"\". Would you rather the government just force you to get it?  You just complained about Auto Insurance \"\"forcing\"\" you to get uninsured driving insurance. You can't have it both ways.\""}
{"_id": "68684", "title": "", "text": "Sagar Stationary pvt ltd is the Top Sheet Protector Manufacturers In Mumbai which is also the best school stationary suppliers in Mumbai. Sagar Stationary pvt ltd offers the best quality office, school stationary at very effective cost. For more information visit the website: http://www.svsmumbai.in/ or call us at: 9930963767"}
{"_id": "68717", "title": "", "text": "Yes, I agree.  Systems are everything. I'll need to really understand everything about the business before implementing a good system.   Good tip about designing roles around people and moving them around. It's quite a small business but I'm sure I can be creative regarding role specs, at the very least I could add projects which play to their strengths."}
{"_id": "68723", "title": "", "text": "Wall Street Journal's Moneybeat is a good way of keeping up with markets and news etc. They cast about 2/3 times a week.   The Financial Times' Banking weekly is a slightly more in depth view on certain issues, slightly less easy to listen to but good nonetheless."}
{"_id": "68729", "title": "", "text": "He was sure upset. From his point of view the government is the end all for everyone. I just can't agree with his implied supposition that the government is totally responsible for Burger Kings success, and therefore they should be ashamed that they don't want to pay more in taxes. There has got to be a compromise on corporate taxes that would prevent such moves in the future. Although Mr. Moyer would probably prefer a state-run Burger King with the courtesy and efficiency of our beloved TSA or IRS."}
{"_id": "68741", "title": "", "text": "They made a huge gamble staking the future of their company on an OS with a 3% market share and so far it's not paid off.  I absolutely agree that the advertising for Windows Phone has been awful.  That Nokia commercial embedded in the article is snotty and arrogant.  The Microsoft commercials for the OS are just as bad [Example](http://www.youtube.com/watch?v=l9evyGr57hs).  Basically, their strategy is to say that their entire target demographic (smart phone users) are idiots.  Why would they think that would go well?"}
{"_id": "68763", "title": "", "text": "The problem with John Carter was the lack of a solid fanbase to appeal too. The series is old and the comic books are not that great to warrant any pop culture appeal. Now had they explained more about the storyline (and picked a different lead) in the marketing campaign they might have gotten more people interested. Probably the weakest Disney marketing I've ever seen."}
{"_id": "68766", "title": "", "text": "A parent company may own 70% of a subsidiary, and the remaining 30% is owned by someone else. Now the parent company has a controlling stake, so it can use the subsidiary's assets as it wishes, so the parent company can report 100% of the subsidiary's assets on the parent's balance sheet. Now here lies the problem, how can they report 100% of the assets when it only owns 70% of the subsidiary? That correction is the minority interest."}
{"_id": "68767", "title": "", "text": "To tackle such problems, there are several companies that have been providing quality beds for their customers. These products are very popular among the people because of their quality and thousands of people are purchasing these products from all over the world. Since the commencement of Internet, many things have evolved alongside. They provide Ottoman with Sleeper."}
{"_id": "68773", "title": "", "text": "\"You have many alternatives to the funds you mentioned. It is actually very unusual for ETFs to have such high denominations. Possible alternative: iShares IVV What would you recommend I do with $1000? A diversified index fund is a great equity investment for the long run but might be considered \"\"boring\"\" by newcomers who think of equity markets as something more exciting. Maybe add a share or two, small ones, just to show the differences to the fund. This wouldn't be called wise investing but it certainly would have an educational effect. Except if this money is all you saved for your daughter, then don't gamble any of it.\""}
{"_id": "68783", "title": "", "text": "\"I have all of those. My lawyer is reviewing the engagement letters with the capital advisors, and has spun up the CPA/tax lawyer. We are engaging the right people at the right times.  However, I'm curious to see what a loan proposal looks like at the $100 million level. I'm not looking for Redditors to represent me with the banks, I'm looking to see if anyone on Reddit happens to have a copy of (or know where to find one) a loan proposal from a large corporation for a similar amount of money.  For example, when we sold a division of the company, I evaluated the pitch decks that our consultants made against the pitch decks made/released by tech firms. While the metrics are all largely different, it was a useful exercise to be able to see if we were at least in the \"\"ballpark\"\" of a deck that was considered successful.\""}
{"_id": "68802", "title": "", "text": "Two ways to solve this.  Look at the answer. If the answer says 3 months, then using ceiling for similar questions. You have to act according to the exam conventions, not according to own feelings. Whether or not the answer is reasonable and applicable in real life is out of the question.  Ask yourself, did the investment double after 14 years 2 months? i.e. FV >= 2PV. Does a person who ran 99.72 meters in a 100-meter dash counted as touching the finish line?"}
{"_id": "68811", "title": "", "text": "Overpriced, servers are always pissy, no actual sports on the TV'S (ESPN talking heads shows on 90%), average wings. There are at least 10 bars or restaurants with better wings and atmosphere in my city. I'll never go to a BWW again."}
{"_id": "68814", "title": "", "text": "It might some but I'd wager it pushes the short-term rental pricing down (like hotels) while pushing the long-term rental and housing market prices up.    If landlords can make way more in short-term rentals they are going to do that and limit the supply of long-term.  The tourism sector may have increased revenue but by what extent I don't know.  I'd wager that exploding rent and housing prices will negate any benefits for most residents and may end up costing them much more.  This is why I think you should only be able to do it on your primary residence.  Unless you want to be regulated like a hotel because if you have short-term rentals that you don't reside in, that is effectively what you are.  Not being regulated the same as a hotel at that point only gives you an unfair loophole advantage to other short-term rentals."}
{"_id": "68833", "title": "", "text": "What do most people say that disappoints you?  I think I would say that I wanted to keep myself prepared and up to date while job searching and that my goal is to eventually become a charter holder.  Do you know if regional banks employ many analysts that are charter holders?"}
{"_id": "68842", "title": "", "text": "You should start by making a written complaint to the insurance company itself. You have two angles of attack: What was discussed when she was sold the policy. Make sure you set out exactly what you believe you were told and highlight that they didn't ask about commuting (assuming that's the case). Ask them to preserve any recordings they have of the call and to send you a copy. The nature of the journey where the accident happened. From the description - unless it was part of a journey to and from work - there's no good reason for them to classify it as commuting. Make sure you make good written notes now of anything that happened verbally - phone calls etc, and keep doing this as the process goes along. If that written complaint doesn't work, your next step is to go to the Financial Ombudsman, who are a neutral adjudication service. If the Ombudsman doesn't support your case, you could go to court directly, but it'll be expensive and a lot of effort, and by this stage it'd be unlikely you would win. The Ombudsman's rejection wouldn't count against you directly, but it'd be a strong indication that your case is weak. See https://www.moneyadviceservice.org.uk/en/articles/making-a-complaint-about-an-insurance-company for a more detailed walk-through."}
{"_id": "68853", "title": "", "text": "They will make money from brokerage as usual and also from the interest they charge you for lending you the money for you to buy your shares on margin. In other words you will be paying interest on the $30,000 you borrowed from your broker. Also, as per Chris's comment, if you are shorting securities through your margin account, your broker would charge you a fee for lending you the securities to short."}
{"_id": "68857", "title": "", "text": "Freeze this vermin' assets and that of his family and go after the extended family too... There has to be grave consequences to this kind of scheming and theft. His.punishment should serve as a warning to others.  I hope all Americans are taking notice of the kind of.crooks that have and are holding office."}
{"_id": "68872", "title": "", "text": "\"Note - this is a complicated topic. I've read the rules multiple times and I'm still not sure I understand them perfectly. So please take this with a pinch of salt and read the rules for yourself. The time(s) at which a test is done against the LTA are known as a \"\"Benefit Crystallization Event\"\" (BCE). There are 13 of these (!) - they're numbered 1-9 with the addition of some extras numbered 5A-D. However, the most important ones for those with defined contribution pensions are: Broadly, the idea is that a BCE occurs when you start taking money out of your pension, and when you reach age 75. Each time one happens, the amount you are taking out (\"\"crystallizing\"\") gets compared against the LTA and a certain percentage of your LTA gets designated as being used. Crystallising doesn't necessarily mean you actually receive the money immediately, just that some of your money is switched into a mode where you can start receiving it in different ways. The rules are designed to avoid double counting, so broadly anything that was taken off your LTA won't be taken off a second time. The cumulative use of your LTA is tracked as a percentage rather than an absolute amount, to take account of any changes in the LTA between the different times you crystallise money. For example if you crystallise \u00a3100K when the LTA is \u00a31mn, that's 10% of your LTA gone. If later on the LTA has risen to \u00a31.1mn and you take out \u00a3110K, that's another 10%. Once you hit 100%, you start paying a LTA charge on any excess. The really simple path here is if you just get an annuity with your entire pot, before hitting age 75 (and you don't make any further pension contributions after). Then only BCE 4 applies: your pension pot, all of which is being used to buy the annuity, is compared with the LTA. After this point your entire pension pot is considered to be crystallized, so no more BCEs will apply - the tests at age 75 only apply if you still have money that you haven't taken out or used to buy an annuity. The annuity payments themselves will be subject to income tax at your normal rate at the time you receive them, i.e. 0%, 20%, 40% or 45% depending on how much other income you have. In reality most people would want to take 25% of their pot as a lump sum at the same time as buying an annuity, given that it's tax-free if you're under the LTA. At this point BCE 6 applies in addition to BCE 4, but again the overall effect of the test is pretty simple, look at the total pension pot (lump sum + cost of annuity), and if it's under the LTA you're fine. Again, at this point no more BCEs will apply as all the money is considered to have been fully distributed. If you only use part of the money for an annuity/lump sum, then only that part of the money is compared against the LTA, and the rest stays in your pension and will be compared later. The 25% limit for a tax-free lump sum applies to the total you are taking out at that point: if you have \u00a3200K and are taking out \u00a3100K, you can take out \u00a325K as a tax-free lump sum and use \u00a375K for the annuity. The other \u00a3100K stays in your pension. Many people see annuity rates as very low and will want to take on more risk (and reward) by using \"\"Drawdown\"\" for at least part of their pension. Essentially, you can designate part of your pension for drawdown, and at that point BCE 1 applies to the money you designate. Once designated, you can start drawing the money out as income, which will be taxed at your normal income tax rate at the time you receive it. Again, you can take 25% as a lump sum at this point which will be subject to BCE 6. There's also an alternative route where you put everything into \"\"flexi-access drawdown\"\" without taking any lump sum immediately, and then as you actually withdraw income, 25% is tax-free and the rest is taxed as income. The overall effect is the same, but it gives you more control over when you get the tax-free bit. However, because with drawdown you can actually leave the money in your pension and growing tax-free, there's a further test against the LTA at age 75 under BCE 5A. To avoid double-counting (\"\"prevention of overlap\"\"), the amount left in the drawdown fund at that point is reduced by whatever was previously tested against BCE 1. So if you put \u00a3150K into drawdown initially, and it's grown to \u00a3200K by age 75, then another \u00a350K will crystallise under BCE 5A. I think that if you put \u00a3150K into drawdown initially and it grows by \u00a350K, but you take that out as income so that only \u00a3150K (or less) remains at age 75, then the amount crystallising under BCE 5A is nil. Also, when money is in drawdown, you can choose to use it to buy an annuity. BCE 4 is applied at this point (if before age 75), but as with BCE 5A, this is reduced by anything that was previously crystallised under BCE 1. If you only use some of it to buy an annuity, the reduction is pro-rataed, e.g. if you started out with \u00a3150K moved into drawdown, and later it has grown to \u00a3200K and you use \u00a3100K to buy an annuity, then the reduction is \u00a375K so \u00a325K is considered to have crystallised under BCE 4. Once you reach age 75, as well as any money that's still in drawdown, anything you haven't yet crystallised at all gets tested against the LTA under BCE 5B. Broadly, once you go over the LTA, the charges are simple: There's never any explanation given for these two rates, but I think it's all based on trying to at least cancel out the benefit you got from using your pension, on the assumption that: So with the 25% charge + 20% income tax, if you take out \u00a3100, you'll end up with \u00a375 gross income, so \u00a360 net income - just the same as if you'd originally paid 40% tax. (This ignores the effect of investment growth, but if you would have saved the \u00a360 in an ISA, the end result is the same: if you had growth of say 50% over the time the money was in your pension, it'll be the same effect if you had \u00a3100 growing to \u00a3150 and now received 60% of it, or if you had \u00a360 growing to \u00a390 untaxed in an ISA.) The 55% lump sum charge is in case you are paying 40% tax when you take it out, to make sure that it's not a more attractive option than the 25%+income tax: if you have \u00a3100, either you get \u00a345 tax free via a lump sum, or you get \u00a375 gross and hence \u00a345 net. I haven't covered lots of cases here: defined benefit pensions. Roughly, when you start receiving the pension, 20x the initial income from the pension is deemed to crystallise under BCE 2 and any lump sum you receive crystallises under BCE 6. In the former case, you could end up having to pay the LTA charge with money you haven't actually got yet, and you can ask the pension administrator to instead reduce your pension to pay it. However, there are lots of special cases for defined benefit pensions, mostly for historical reasons, so you should make sure you check with your pension administrator about this. if you die before age 75, at which point the LTA test is applied via either BCE 5C/5D, or BCE 7. After paying the LTA charge if any, your dependents or whoever else you leave it to gets the remainder tax-free. transferring overseas (BCE 8). \"\"scheme pensions\"\" under BCE 2 and BCE 3 (I think these are relatively uncommon) some corner cases covered by regulations (BCE 9)\""}
{"_id": "68907", "title": "", "text": "I'd add, this is actually the way any stock opens every day, i.e. the closing price of the prior day is what it is, but the opening price will reflect whatever news there was prior to the day's open. If you watch the business news, you'll often see that some stock has an order imbalance and has not opened yet, at the normal time. So, as Geo stated, those who were sold shares at the IPO price paid $38, but then the stock could open at whatever price was the point where bid and ask balanced.   I snapped a screen capture of this chart on the first day of trading, the daily charts aren't archived where I can find them. This is from Yahoo Finance. You can see the $42 open from those who simply wanted in but couldn't wait, the willingness of sellers to grab their profit right back to what they paid, and then another wave of buying, but then a sell-off. It closed virtually unchanged from the IPO price."}
{"_id": "68926", "title": "", "text": "Give them cash and watch how the violent ones start robbing houses to steal others\u2019 money.   P.s poor people are good at managing money. They know the value of each cent. They are bad at managing big amounts. Thats why you give them $1000 over a year instead of lump sum of $50.000 f.e"}
{"_id": "68928", "title": "", "text": "If you lease a car, you are paying for the depreciation of a certain number of miles, even if you don't actually use those miles.  Since you know you will be well under the standard number of miles when your lease is up, and you already know that you want to keep the car, buying is better than leasing."}
{"_id": "68938", "title": "", "text": "\"That sucks, I liked his first and second books (the only ones I've read). I was still in my late teens, and RDPD was the first personal improvement (or personal financial improvement if you must) book I've ever read. It really got me hooked on the whole personal improvement thing, and on fixing my then-abysmal financial situation. It had a ton of good advice, and I still use it to this day. It's a very good primer book, to help you let go of the worker bee mentality, and pick up the businessman mentality. To anyone who wants to start a business and has no prior experience with \"\"making money,\"\" it's still the first book I would recommend. It's extremely easy to read, and most of the advice is solid. The guy (forgot his name, he has an entire site about it) who goes around criticizing Kiyosaki on his \"\"bad advice\"\" is actually dead wrong on a lot of his points. Not all, but enough to make me not take him seriously. Not ALL the advice in the book is perfect, mind you, but most of it is very good, and hence the book is a good one overall. You can read it in a day or two (or even an evening), and it really gets you hooked on making money - you can then channel that enthusiasm into harder, longer and more detailed books. Worked for me.\""}
{"_id": "68963", "title": "", "text": "\"The difference it makes is in the magnitude of risk difference people will need in order to overcome the amount they're paying to keep their money \"\"safe\"\".    For example, if someone charged me $100 to keep $10,000 of my money \"\"safe\"\", such that I felt very very confident in getting $9,900 back at the end of a year, I might go for that if the only alternatives are to move it somewhere where there's a good chance I get less than $9,900 back at the end of a year.  In short, I might feel I lose less by paying that -1% interest rate.\""}
{"_id": "68966", "title": "", "text": "I believe the bigger overall risk is debt is going to become more expensive. Interest rates are going to increase. This added cost to consumers will slow down the economy. I don't believe it will be economic crisis but definitely will weeken our credit driven economy."}
{"_id": "68969", "title": "", "text": "According to the Illinois Department of Revenue, you don't have to file any taxes that are specific to a LLC, only your personal taxes. LLC on Federal level is disregarded, instead you submit all your business income/expenses on Schedule C. On the state level - it seems to be the same (only individual tax return). Consult your state certified tax specialist. That is not the case in other states, for example in California LLC has to file its own tax return and pay its own taxes, in additional to the individual taxes."}
{"_id": "68975", "title": "", "text": "Just because pricing isn't tracked, doesn't mean the dollar price is not backed up by oil (they are others factors involved, of course). But the very fact that OPEC, the worlds largest oil cartel, currently only trade in dollars, effectively means that everyone who wants oil needs dollars to buy it. Therefore, to function in modern global economy, dollars are always needed regardless of exchange rates or interest rates on bonds. In reality the amount debt the US has backed up against its currency wouldn't hold for any other country, apart from US, with its petrodollar status."}
{"_id": "68980", "title": "", "text": "Anyone with a background in finance should have been well aware that the government would swoop in with a bailout of the major banks. Such a scenario was even discussed in money and banking textbooks pre financial crisis.   Since I have no excess cash,  and wad in senior year of college, I was unable to capitalize on that, but I did invest in the banks in market simulating games \ud83d\ude01"}
{"_id": "68985", "title": "", "text": "According to duplex builders this term is popular across the globe, but more prevalent in Australia and they are generally constructed with the view of accommodating elderly relatives who are dependants, but don\u2019t want to shift to an old-age home because the family doesn\u2019t want them to shift."}
{"_id": "69005", "title": "", "text": "Even Gold lost 1/2 of it's value between 1980 and 2000.   You would not have fared well if you retired during that period heavily invested in Gold. http://www.usagold.com/reference/prices/history.html You said yourself that one can not foresee what the future will bring. At least IRA's force you to into dollar cost averaging, whereas if your money was outside of a retirement account, you might be tempted to speculate. -Ralph Winters"}
{"_id": "69012", "title": "", "text": "\"There are 2 different things, As per IT Act, one can get \"\"Medical Reimbursement\"\" upto Rs 15,000 which is tax free. The way it is supposed to work is an employee submits bill and employer will \"\"Reimburse\"\" upto Rs 15,000. So if one does not submit any bills, he does not get any money. If the employer has given the employee Rs 15,000 without any bills, it would have been taxed as per the tax bracket. In practise all employer factor the Rs 15,000 in the salary to the employee. If bills are submitted, then its tax free. If bill are not submitted, partially submitted, the difference is paid as \"\"Allowance\"\" and hence becomes taxable. Apart from above there is section 80D that provides additional rebate. Upto Rs 15,000 when health insurance is taken. Upto Rs 5,000 for Health checkup. Hence if you submit the details to your employer you will get rebate in tax, on Rs 5,000 it would be Rs 1,500/-. You would not get \"\"Reimbursement\"\". I should mention 20,000 under medical expenses Nope both are under different section as such you should declare these separately.\""}
{"_id": "69017", "title": "", "text": "The SEC requires that they register with the SEC due to having more than 500 shareholders.  With that comes public reporting and all kinds of regulatory compliance.  At that point it is more of a practical necessity to follow through with an IPO, even though it is not a legal one.  http://dealbook.nytimes.com/2011/11/29/facebook-may-be-forced-to-go-public-amid-market-gloom/"}
{"_id": "69042", "title": "", "text": "From a long-term planning point of view, is the bump in salary worth not having a 401(k)?  In this case, absolutely. At $30k/year, the 4% company match comes to about $1,200 per year.  To get that you need to save $1,200 yourself, so your gross pay after retirement contributions is about $28,800.   Now you have an offer making $48,000.  If you take the new job, you can put $2,400 in retirement (to get to an equivalent retirement rate), and now your gross pay after retirement contributions is $45,600.   Now if the raise in salary were not as high, or you were getting a match that let you exceed the individual contribution max, the math might be different, but in this case you can effectively save the company match yourself and still be way ahead. Note that there are MANY other factors that may also be applicable as to whether to take this job or not (do you like the work? The company? The coworkers? The location? Is there upward mobility? Are the benefits equivalent?) but not taking a 67% raise just because you're losing a 4% 401(k) match is not a wise decision."}
{"_id": "69047", "title": "", "text": "\"if we tried that in the usa we'd get a bunch of social conservative shitlords whining about male and female roles and the death of american values  of course we should do it like canada. it makes 1,000% sense to do it like canada. but some conservative moron somewhere will milk the issue for \"\"concern\"\" for \"\"traditional family\"\" and a horde of douchebags will buy into the ignorance\""}
{"_id": "69048", "title": "", "text": "&gt; help them save money  I believe they should also focus on brand loyalty (PR), more than cutting costs.  The whole FBI and Apple thing.. the way Mr. Cook handled that, made me like Apple a whole lot more.  Things like that can inspire loyalty.  &gt;  A better quality control   Also this.  I rented Scarface, some random TV show and Batman Begins through Netflix's DVD service about a year and a half or two years ago. I ordered these DVDs at different intervals over these 2 years..  And every single time the DVD was unwatchable. Scratched, skipping etc.  I'm not bashing Netflix, I have no idea what it takes to pull off what they do. But still.  I don't believe Netflix can justify raising prices. I'm pessimistic about Netflix as a company to be honest. I just don't see them lasting longer than say Blockbuster did.  Blockbuster 2.0  2042, i'm calling it now.  ***  **EDIT: Like with Netflix, they have virtually no competition in the DVD-in-the-mail thing. Amazon tried. Blockbuster tried. But we all know Netflix pioneered it. They have an *edge*. I don't understand why they don't focus in on what got them to where they are now,**  **Instead of making TV shows no one really cares about or having another Adam Sandler Shows that no one likes.**  **How many times have you heard a 23 or 24 year old go on social media and praise a Netflix show beyond Orange Is The New Black, Breaking Bad or Weeds?**"}
{"_id": "69053", "title": "", "text": "By mentioning Half-Life 3 you have delayed it by 1 Month. Half-Life 3 is now estimated for release in Nov 3453. ___ ^I ^am ^a ^bot, ^this ^action ^was ^performed ^automatically. ^To ^disable ^WIHL3 ^on ^your ^sub ^please ^see ^/r/WhenIsHl3. ^To ^never ^have ^WIHL3 ^reply ^to ^your ^comments ^PM ^'!STOP'."}
{"_id": "69058", "title": "", "text": "\"That ain't nothing.  It's really easy to get \"\"whipped up\"\" into a sense of entitlement, and forget to be grateful for what you do have.  If this house doesn't exist, what would his costs of housing be elsewhere?  Realistically.  Would landlords rent to him? Would other bankers lend him money to buy a house? Would those costs really be any better?  What about the intangible benefits like not having any landlord hassles or having a good relationship with the neighbors?  It's entirely possible he has a sweet deal here, and just doesn't make enough money.  If your credit rating is poor, your housing options really suck.  Banks won't lend you money for a house unless you have a huge ton of upfront cash.  Most landlords won't rent to you at all, because they are going to automated scoring systems to avoid accusations of racism.  In this day and age, there are lots of ways to make money with a property you own.  In fact, I believe very firmly in Robert Allen's doctrine: Never sell.  That way you avoid the tens of thousands of dollars of overhead costs you bear with every sale. That's pure profit gone up in smoke.  Keep the property forever, keep it working for you.  If he doesn't know how, learn.  To \"\"get bootstrapped\"\" he can put it up on AirBnB or other services. Or do \"\"housemate shares\"\".  When your house is not show-condition, just be very honest and relatable about the condition.  Don't oversell it, tell them exactly what they're going to get.  People like honesty in the social sharing economy.  And here's the important part: Don't booze away the new income, invest it back into the property to make it a better money-maker - better at AirBnB, better at housemate shares, better as a month-to-month renter. So it's too big - Is there a way to subdivide the unit to make it a better renter or AirBnB?  Can he carve out an \"\"in-law unit\"\" that would be a good size for him alone? If he can keep turning the money back into the property like that, he could do alright.  This is what the new sharing economy is all about.  Of course, sister might show up with her hand out, wanting half the revenue since it's half her house.  Tell her hell no, this pays the mortgage and you don't!  She deserves nothing, yet is getting half the equity from those mortgage payments, and that's enough, doggone it!  And if she wants to go to court, get a judge to tell her that.  Not that he's going to sell it, but it's a huge deal. He needs to know how much of his payments on the house are turning into real equity that belongs to him.   \"\"Owning it on paper\"\" doesn't mean you own it.  There's a mortgage on it, which means you don't own all of it.  The amount you own is the value of the house minus the mortgage owed.   This is called your equity.   Of course a sale also MINUS the costs of bringing the house up to mandatory code requirements,  MINUS the cost of cosmetically making the house presentable.   But when you actually sell, there's also the 6% Realtors' commission and other closing costs.  This is where the mortgage is more than the house is worth.  This is a dangerous situation.  If you keep the house and keep paying the mortgage all right, that is stable, and can be cheaper than the intense disruption and credit-rating shock of a foreclosure or short sale.  If sister is half owner, she'll get a credit burn also. That may be why she doesn't want to sell.  And that is leverage he has over her.  I imagine a \"\"Winter's bone\"\" (great movie) situation where the family is hanging on by a thread and hasn't told the bank the parents died.  That could get very complex especially if the brother/sister are not creditworthy, because that means the bank would simply call the loan and force a sale.   The upside is this won't result in a credit-rating burn or bankruptcy for the children, because they are not owners of the house and children do not inherit parents' debt.\""}
{"_id": "69069", "title": "", "text": "You Americans have got to start understanding that tax is NOT theft. And while I applaud the notion of never increasing taxes at a rate higher than inflation, the idea of reducing park maintenance so that rich residents don't have to face a very slightly higher rates bill is an effective demonstration of what's wrong in America today.  It's not just about YOU. You are a member of a community, and you must contribute to that community in whatever portion is required in order to assure the smooth running of the community.  And the lovely thing is, if you don't like the way it's being run, you can get yourself elected, *and change it*."}
{"_id": "69081", "title": "", "text": "&gt; Productivity can increase, but it doesn't have to. Productivity can remain the same but if you've got two people competing for one job they bid wages lower since even a lower wage is better (up to a point in welfare state) to no wage at all.  But, regardless of decreases in wages, productivity should still increase since there are more people working. On a fundamental level, labor and capital combine to create products. If you add more potential labor, and keep capital constant, you'll only have the same number of products being produced if increase in potential labor isn't used. Since unemployment hasn't increased to compensate for women entering the work force there should be more goods produced."}
{"_id": "69087", "title": "", "text": "\"Yeah... I think what's missing here is that Amazon is an ABSOLUTE last resort place to work.  After my experiences with them, I would just leave the industry and go hang drywall before I'd work there.  There's a lot getting lost in this \"\"50,000 jobs\"\" thing- these aren't shovel ready jobs, these are jobs that Amazon would likely just NOT FILL if they couldn't find exactly the right people.   The AVERAGE tenure for an Amazon engineer is ONE YEAR.  People hate working there, and nobody plans on staying long.  They are the most dangerous and toxic workplace in the country right now, and whatever formula they have for extracting value from human misery had better stay locked up in the vault with the KFC recipe, or everyone in this business is screwed. This is where you go work for a year after school, get burnt, and use the skills to go find a better place to work.  Think FoxConn, not \"\"cool startup with perks\"\". There ARE some cities who could benefit from this, but I think they're the least likely to get this.  So far California offers the best mix of talent and tax incentives so far, IMO.  Whoever gets this will probably not benefit, in any way. That's how Bezos operates.  This will flood your city with 50,000 dumb ass 22 year olds who don't care about spending 60% of the income on rent(because this is the first time they've paid it!), don't have time for life outside of work, and who plan on quitting when the lease is up.  If you're an Uber driver of a Condo tower builder, you'll benefit.\""}
{"_id": "69103", "title": "", "text": "First thing you need to do is  to find out whether your landlord  will accept credit card payments.  If yes, then I recommend you to try the easiest method first. Pay rent though a rent payment service.  So, you need to log in with rental service and then chose the credit card using which you would like to pay rent and schedule your rent payments."}
{"_id": "69104", "title": "", "text": "\"I don't think it was \"\"just to monetize the franchise further\"\" at all by a long shot.  I genuinely believe that Lucas wanted to tell the back story.  Say what you will about it, some parts of episodes 2-3 were good.\""}
{"_id": "69117", "title": "", "text": "&gt;Mark Zuckerberg doesn't seem to think we can or should isolate and alienate 50% of the population because of their support of a political candidate, which I, the author, and Hastings seem to share a criticism of.   You mean alienate 26% of the population? (Probably less now, that was his support at election day.)   &gt;Zuckerberg misses the point. Support of Trump has always been unpalatable to most on the left but now it's unforgivable.   He's also unpalatable to pretty much every real fiscal conservatives, nothing about hum is fiscally conservative.  &gt;Pressure from all sides to erode his support is exactly what we should be doing; Facebook is one of the most powerful tools available in this effort.   Amen."}
{"_id": "69150", "title": "", "text": "\"While the question is highly subjective as you noted, putting extra money will of course save you interest payments, it depends on how much \"\"enjoyment\"\" is worth now. I would suggest you to not be overly aggressive as you might dig yourself a ditch, your minimum monthly payments might get adjust upwards if some of these loans are student loans as it might seem you have a higher degree of disposable income to play with. Be aggressive in paying them off but not to aggressive, I also think the interest is tax deductible. What it really comes down to is, how much more interest do you want to pay them for enjoyment now, 50 months is not long its just north of 4 years. I'd say if you think you can put 800 extra towards them, don't. Instead if it were me I would put an extra 400 towards the highest until its paid and then take the 400 plus the monthly minimum and add that to the next highest and keep the other 400 for a rainy day, you will still get paid off quick but will leave yourself some scratch if necessary.\""}
{"_id": "69171", "title": "", "text": "Wire transfers are the best method.  Costs can vary from $10 to $100 or more, depending on the banks and countries involved.  There's rarely any saving using the same bank, although HSBC may have reduced charges if you have Premier accounts in both countries (for a one-off transaction, it may not be worth the effort to open an account). However, that cost is insignificant compared to your possible losses on the currency exchange.  Assuming your money is currently in Hong Kong Dollars (HKD), it will need to be converted to US Dollars (USD). One place where it could be converted is at your Hong Kong bank.  You'll get their retail rate. Make sure you are aware of the rate they will use, and any fees, in advance.  Expect to pay around 2-3% from the mid-market rate (the rate you see quoted online, which doesn't fluctuate much for HKD-USD as the currencies are linked). Another place where the currency could be converted is at your US bank.  You really don't get any control over that if it arrives as HKD and is then automatically converted into your USD.  The rate and fees could be quite poor, especially if it is a minor US bank that has to deal with anther bank for foreign currency. For amounts of this size, it's worthwhile using a specialist currency conversion company instead.  Currency Fair in Ireland is one.  It's a peer-to-peer exchange that is generally the best deal (at least for the currency pairs I use).  You wire the money to them, do the exchange on their site at a rate that is much closer to 0.5% from the midrate, then the money is transferred out by wire for a few dollars.  Adds a few days to the process, but will possibly save you close to US$1000.  Another established option is Currency Online in New Zealand. There are probably also specialist currency exchange companies in Hong Kong. The basic rule is, don't let the banks exchange currencies at rates that suit them, use a third party that offers a better rate and lower fees."}
{"_id": "69184", "title": "", "text": "\"One alternative to bogleheadism is the permanent portfolio concept (do NOT buy the mutual fund behind this idea as you can easily obtain access to a low cost money market fund, stock index fund, and bond fund and significantly reduce the overall cost).  It doesn't have the huge booms that stock plans do, but it also doesn't have the crushing blows either.  One thing some advisers mention is success is more about what you can stick to than what \"\"traditionally\"\" makes sense, as you may not be able to stick to what traditionally makes sense (all people differ). This is an excellent pro and con critique of the permanent portfolio (read the whole thing) that does highlight some of the concerns with it, especially the big one: how well will it do in a world of high interest rates?  Assuming we ever see a world of high interest rates, it may not provide a great return. The authors make the assumption that interest rates will be rising in the future, thus the permanent portfolio is riskier than a traditional 60/40.  As we're seeing in Europe, I think we're headed for a world of negative interest rates - something in the past most advisers have thought was very unlikely.  I don't know if we'll see interest rates above 6% in my lifetime and if I live as long as my father, that's a good 60+ years ahead. (I realize people will think this is crazy to write, but consider that people are willing to pay governments money to hold their cash - that's how crazy our world is and I don't see this changing.)\""}
{"_id": "69197", "title": "", "text": "Quote driven markets are the predecessors to the modern securities market. Before electronic trading and HFTs specifically, trading was thin and onerous.  Today, the average investor can open up a web page, type in a security, and buy at the narrowest spread permitted by regulators with anyone else who wants to take the other side. Before the lines between market maker and speculator became blurred to indistinction, a market maker was one who was contractually obligated to an exchange to provide a bid and ask for a given security on said exchange even though at heart a market maker is still simply a trader despite the obligation.  A market maker would simultaneously buy a large amount of securities privately and short the same amount to have no directional bias, exposure to the direction of the security, and commence to making the market.  The market maker would estimate its cost basis for the security based upon those initial trades and provide a bid and ask appropriate for the given level of volume.  If volumes were high, the spread would be low and vice versa. Market makers who survived crashes and spikes would forgo the potential profit in always providing a steady price and spread, ie increased volume otherwise known as revenue, to maintain no directional bias.  In other words, if there were suddenly many buyers and no sellers, hitting the market maker's ask, the MM would raise the ask rapidly in proportion to the increased exposure while leaving the bid somewhere below the cost basis.  Eventually, a seller would arise and hit the MM's bid, bringing the market maker's inventory back into balance, and narrowing the spread that particular MM could provide since a responsible MM's ask could rise very high very quickly if a lack of its volume relative to its inventory made inventory too costly.  This was temporarily extremely costly to the trader if there were few market makers on the security the trader was trading or already exposed to. Market makers prefer to profit from the spread, bidding below some predetermined price, based upon the cost basis of the market maker's inventory, while asking above that same predetermined cost basis.  Traders profit from taking exposure to a security's direction or lack thereof in the case of some options traders. Because of electronic trading, liquidity rebates offered by exchanges not only to contractually obligated official market makers but also to any trader who posts a limit order that another trader hits, and algorithms that become better by the day, market making HFTs have supplanted the traditional market maker, and there are many HFTs where there previously were few official market makers.  This speed and diversification of risk across many many algorithmically market making HFTs have kept spreads to the minimum on large equities and have reduced the same for the smallest equities on major exchanges. Orders and quotes are essentially identical.  Both are double sided auction markets with impermenant bids and asks.  The difference lies in that non-market makers, specialists, etc. orders are not shown to the rest of the market, providing an informational advantage to MMs and an informational disadvantage to the trader.  Before electronic trading, this construct was of no consequence since trader orders were infrequent.  With the prevalence of HFTs, the informational disadvantage has become more costly, so order driven markets now prevail with much lower spreads and accelerated volumes even though market share for the major exchanges has dropped rapidly and hyperaccelerated number of trades even though the size of individual trades have fallen. The worst aspect of the quote driven market was that traders could not directly trade with each other, so all trades had to go between a market maker, specialist, etc.  While this may seem to have increased cost to a trader who could only trade with another trader by being arbitraged by a MM et al, paying more than what another trader was willing to sell, these costs were dwarfed by the potential absence of those market makers.  Without a bid or ask at any given time, there could be no trade, so the costs were momentarily infinite. In essence, a quote driven market protects market makers from the competition of traders.  While necessary in the days where paper receipts were carted from brokerage to brokerage, and the trader did not dedicate itself to round the clock trading, it has no place in a computerized market.  It is more costly to the trader to use such a market, explaining quote driven markets' rapid exit."}
{"_id": "69211", "title": "", "text": "&gt;Americans have this blind faith in American car companies.   More like they use to, not any more.  They arguably have more faith in the Asian car brands because of the quality alone.  I mean just look at Kia/Hyundai who improve their cars and people buying their cars so much that Toyota see's them as a major threat."}
{"_id": "69213", "title": "", "text": "Your best bet is to talk with a banker about your specific plans.   One of the causes of the housing crash was an 80/20 loan.  There you would get a first for 80% of the value of a home and 20% on a HELOC for the rest.  This would help the buyer avoid PMI.  Editorially, the reason this was popular was because the buyer could not afford the home with the PMI and did not have a down payment.  They were simply cutting things too close. Could you find a banker willing to do something like this, I bet you could. In your case it seems like you are attempting to increase the value of your home by using money to do an improvement so the situation is better.  However, sizable improvements rarely return 100% or more on investments.  Typically, I would think, the bank would want you to have some money invested too.  So if you wanted to put in a pool, a smart banker would have you put in about 60% of the costs as pools typically have a 40% ROI.   However, I bet you can find a banker that would loan you 100%. You don't seem to be looking for advice on making a smart money decision, and it is difficult to render a verdict as very little detail is supplied about your specific situation. However, while certain decisions might look very profitable on paper, they rarely take into consideration risk."}
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{"_id": "69246", "title": "", "text": "The implication is we don't even have to build houses or make cars to get 6%, you just take it out of their wallet directly. For a business subreddit this whole thread is nothing but butthurt debtor faggotry."}
{"_id": "69268", "title": "", "text": "http://www.russellsage.org/sites/default/files/real-purchasing-power-large_0.jpg  Source for my information... This was cited by a Business Insider article as well as pew...   http://www.thepeoplehistory.com/1968.html  In 1968 the apartments cost average was $130, this is the equivalent of $925in 2016  http://www.saving.org/inflation/inflation.php?amount=130&amp;year=1968  Currently, it looks like the national average is about 970, only slightly higher...  http://www.deptofnumbers.com/rent/us/  Therefore, I do believe a $10 an hour minimum wage would more than compensate for increased rents equivalent to the precedent set in 1968...."}
{"_id": "69306", "title": "", "text": "Most US states have rules that go something like this: You will almost certainly have to pay some registration fees, as noted above.  Depending on how you organize, you may or may not need to file a separate tax return for the business. (If you're sole proprietor for tax purposes, then you file on Schedule C on your personal Form 1040.)  Whether or not you pay taxes depends on whether you have net income.  It's possible that some losses might also be deductible. (Note that you may have to file a return even if you don't have net income - Filing and needing to pay are not the same since your return may indicate no tax due.)  In addition, at the state level, you may have to pay additional fees or taxes beyond income tax depending on what you sell and how you sell it. (Sales tax, for example, might come into play as might franchise taxes.)  You'll need to check your own state law for that. As always, it could be wise to get professional tax and accounting advice that's tailored to your situation and your state.  This is just an outline of some things that you'll need to consider."}
{"_id": "69308", "title": "", "text": "Like @chirs, I'm of the opinion that you might want to buy more. I've done this a couple of times, price dropped a bunch, and I said, heck, I bought some last week, and this week I can get twice as much stock for about the same price. Brought down my average cost per share, and when the company was taken private, I actually didn't lose money - unlike some other people I know, who only bought at one price, watched the drop, and held on awaiting a recovery (which didn't happen in time before the big money swooped in on it). But to do this, you need to keep cash reserves (that, like @afforess says, you can afford to lose all of) on hand, awaiting buying opportunities.  This, too, is a cost - an opportunity cost."}
{"_id": "69312", "title": "", "text": "Good. A free press is not an excuse to blatantly lie and panick monger based on public irrationality and ignorance. PepsiCo et al. could/should take the lesson to heart with GMOs, stupid consumers and lying media companies should lead companies to stand up for their products, now cower and back down."}
{"_id": "69317", "title": "", "text": "One of the most time-consuming activities performed in the Finance function involves the processing, categorisation and cost allocations of expenditure items. In a larger department this is a regular process requiring dedicated staff, and increases in intensity at period end, when it can often absorb additional resource.  The key objective of this process for the business is a fair and correct distribution of expense allocations for each business unit, so that true costs may be recorded and profitability accurately assessed. It is also important to be able to compare actual expense allocations with budgeted values, on a monthly and year-to-date basis, in order to spot issues and trends early and to support efficient cost control. https://www.accountagility.com/solutions/cost-allocation-and-expense-allocation/"}
{"_id": "69333", "title": "", "text": "\"There could be a few reasons for this, my first guess is that you didn't report the distribution on your return (indicated on line 15 of your 1040, pictured below), the IRS got a copy of the 1099-R, and assumes it's all taxable (or maybe the 1099-R indicates the full amount is taxable). If a 1099-R doesn't have an amount populated for 'taxable amount' it doesn't mean the distribution isn't taxable, and without any indication that it's not taxable the IRS assumes it is. It's not taxable if it's a withdrawal of your contribution. Here's a snippet from How to Calculate the Taxable Amount of an IRA Withdrawal: Withdrawals from a Roth IRA Since Roth IRA contributions are made on   an after-tax basis, qualified withdrawals are completely tax-free. A   \"\"qualified\"\" Roth withdrawal includes the following: If your 1099-R indicates a taxable amount, then you might need to contact the issuer to understand why. If it does not indicate a taxable amount and you failed to record the distribution on your return, you just need to file an amended return that shows the distribution on line 15a and shows no taxable amount on 15b along with a completed Form 8606.  You may not need additional documentation to support of your claim that it's not taxable, but if you do it would be any statement showing that your contributions over the years exceed your withdrawal. What a 1040 with a non-taxable IRA withdrawal would show:  Note: There'd also be a completed Form 8606, the 1040 lines above just show if it was entered in. The easiest path forward is probably to file an amended return using turbotax since you filed with them originally. I haven't dealt with an IRS letter in a few years, I can't recall if you need to contact them or simply file the amended return, but they're pretty good about including instructions so the letter probably indicates what you need to do. Don't delay in taking action, as the IRS can and will garnish wages if they are owed (or think they are owed) money.  Update: OP contacted IRS and they didn't even want an amended return, just the completed Form 8606, so it's worth calling the IRS first with these letters.\""}
{"_id": "69337", "title": "", "text": "&gt; Economics is not hard science.   Thousands of researches and books written on the topic, and you summed it all in one sentence. Brilliant...you are unbelievable, the depth of your ignorance knows no bounds. This country is being ruined by people like you."}
{"_id": "69353", "title": "", "text": "Before I answer, you should know a few things about me. I've paid to get into a couple of Network-Marketing/Multi-Level-Marketing franchises, and I made a little money in it. I have worked in financial services sales. I later went on to get my Masters in Business Administration. I've been there, and I know MLMs and Business in theory and practice. There's room for some nuance here, but for the most part: Don't do it! There's no snake oil out there that people can't get on their own. If you can sell it to them, then here's the simple case against it: if you're a good enough salesman to get other people to buy products or franchises from you (and really, you don't care about product sales, you care about franchise sales, because that's how they sold it to you, right?) you can make far more money selling business to business.  If you're a good enough sales manager that you can get good salespeople to buy franchises from you and sell more franchises, you'll make far more money managing salespeople selling business to business.  For the most part, people aren't good at sales, and that likely includes you. Most MLM's are sales groups with bad salespeople leading bad salespeople. It's the blind leading the blind. And as your friends get burned, and your family gets burned, and you start losing everyone who got burned, you'll start to wish you had never done this stuff in the first place. The main reason the above holds true is that the people involved in MLM don't really create any value. They're looking to get a free ride on everyone else in the pyramid beneath them.  There are exceptions, the main ones that come to mind are like Mary Kay, where, ok, mostly women, makeup artists teach women how to apply makeup without looking like a clown, and it's a skill, and it's part of how they create value. And it may well be the best option for someone whose chosen career is a makeup artist. I'm not particularly an exception, but at the age of 17, I sold books door-to-door in Southern Mississippi, mostly to teach myself how to talk to people, since I had grown up with my nose in a book. It turned out that the business was structured like a MLM to encourage the salespeople to become managers, but I had no interest in that, I just wanted to learn people skills. I also blew a couple hundred bucks on franchise fees on other MLMs, mostly because friends were in it - never did I see that money ever again.  Sales is hard work. Teaching people how to sell is even harder, and impossible if you don't know how. If you're good at it, you'll do so much better in a business to business setting. Think about the economics of it. Salespeople get paid on volume of sales. Businesses have a lot more money than consumers. You have to sell to an awful lot more consumers than businesses to make the same amount of money. Think about competition, too. Considering Amway? You're competing with everyone from Walmart to the corner convenience store, and you will be asking everyone and their brother to join up. And many of them have already been pitched it, if they've been around long enough. The bargaining strength of your customers (they have lots of alternatives) and suppliers (their over-priced pricing structure is set in stone) is pretty strong. You have immense direct competition and product substitutes, and anyone else can go into the same business as you. Your competitive position is extremely weak. It's almost guaranteed to fail. You probably don't have the skills, you'll burn your relationships, and you'll make more money doing almost anything else."}
{"_id": "69356", "title": "", "text": "Pro-tip: managers hate to keep expensive cars on their books because expensive cars=more depreciation=bad margins. However, if you call the branch a day in advance/the morning of your reservation and mention that you are interested in coverages and upgrading to something sporty, you will instantly become a VIP for agents and managers that are desperate to boost sales numbers. They will do everything they can to track down whatever car you want. When you arrive, simply decline the coverages you don't want, and negotiate (seriously, negotiate) a fair price for your upgrade."}
{"_id": "69360", "title": "", "text": "Yes I would be pissed, NO someone should not go to jail just because I am pissed and they made a horrible negligent decision with money that people trusted to them.  Someone *should* go to jail if they broke a law. From your description, it sounds like they did. I'm still not convinced though until you can tell me where these strict regulations are and what they say."}
{"_id": "69395", "title": "", "text": "\"Your plan already answers your own question in the best possible way: If you want to be able to make the most possible profit from a large downward move in a stock (in this case, a stock that tracks gold), with a limited, defined risk if there is an upward move, the optimal strategy is to buy a put option.  There are a few Exchange Traded Funds (ETFs) that track the price of gold.  think of them as stocks that behave like gold, essentially.  Two good examples that have options are GLD and IAU. (When you talk about gold, you'll hear a lot about futures.  Forget them, for now.  They do the same essential thing for your purposes, but introduce more complexity than you need.) The way to profit from a downward move without protection against an upward move is by shorting the stock.   Shorting stock is like the opposite of buying it.    You make the amount of money the stock goes down by, or lose the amount it goes up by.   But, since stocks can go up by an infinite amount, your possible loss is unlimited. If you want to profit on a large downward move without an unlimited loss if you're wrong and it goes up, you need something that makes money as the stock drops, but can only lose so much if it goes up.   (If you want to be guaranteed to lose nothing, your best investment option is buying US Treasuries, and you're technically still exposed to the risk that US defaults on its debt, although if you're a US resident, you'll likely have bigger problems than your portfolio in that situation.) Buying a put option has the exact asymmetrical exposure you want.   You pay a limited premium to buy it, and at expiration you essentially make the full amount that the stock has declined below the strike price, less what you paid for the option.   That last part is important - because you pay a premium for the option, if it's down just a little, you might still lose some or all of what you paid for it, which is what you give up in exchange for it limiting your maximum loss. But wait, you might say.  When I buy an option, I can lose all of my money, cant I?  Yes, you can.    Here's the key to understanding the way options limit risk as compared to the corresponding way to get \"\"normal\"\" exposure through getting long, or in your case, short, the stock: If you use the number of options that represent the number of shares you would have bought, you will have much, much less total money at risk. If you spend the same \"\"bag 'o cash\"\" on options as you would have spent on stock, you will have exposure to way more shares, and have the same amount of money at risk as if you bought the stock, but will be much more likely to lose it. The first way limits the total money at risk for a similar level of exposure; the second way gets you exposure to a much larger amount of the stock for the same money, increasing your risk. So the best answer to your described need is already in the question:   Buy a put.  I'd probably look at GLD to buy it on, simply because it's generally a little more liquid than IAU. And if you're new to options, consider the following: \"\"Paper trade\"\" first.  Either just keep track of fake buys and sells on a spreadsheet, or use one of the many online services where you can track investments - they don't know or care if they're real or not. Check out www.888options.com.  They are an excellent learning resource that isn't trying to sell you anything - their only reason to exist is to promote options education.   If you do put on a trade, don't forget that the most frustrating pitfall with buying options is this:  You can be basically right, and still lose some or all of what you invest.  This happens two ways, so think about them both before you trade: If the stock goes in the direction you think, but not enough to make back your premium, you can still lose.  So you need to make sure you know how far down the stock has to be to make back your premium.  At expiration, it's simple: You need it to be below the strike price by more than what you paid for the option. With options, timing is everything.  If the stock goes down a ton, or even to zero - free gold! - but only after your option expires, you were essentially right, but lose all your money.  So, while you don't want to buy an option that's longer than you need, since the premium is higher, if you're not sure if an expiration is long enough out, it isn't - you need the next one. EDIT to address update: (I'm not sure \"\"not long enough\"\" was the problem here, but...) If the question is just how to ensure there is a limited, defined amount you can lose (even if you want the possible loss to be much less than you can potentially make, the put strategy described already does that - if the stock you use is at $100, and you buy a put with a 100 strike for $5, you can make up to $95.   (This occurs if the stock goes to zero, meaning you could buy it for nothing, and sell it for $100, netting $95 after the $5 you paid).   But you can only lose $5. So the put strategy covers you. If the goal is to have no real risk of loss, there's no way to have any real gain above what's sometimes called the \"\"risk-free-rate\"\".  For simplicity's sake, think of that as what you'd get from US treasuries, as mentioned above. If the goal is to make money whether the stock (or gold) goes either up or down, that's possible, but note that you still have (a fairly high) risk of loss, which occurs if it fails to move either up or down by enough.  That strategy, in its most common form, is called a straddle, which basically means you buy a call and a put with the same strike price.  Using the same $100 example, you could buy the 100-strike calls for $5, and the 100-strike puts for $5.  Now you've spent $10 total, and you make money if the stock is up or down by more than $10 at expiration (over 110, or under 90).   But if it's between 90 and 100, you lose money, as one of your options will be worthless, and the other is worth less than the $10 total you paid for them both.\""}
{"_id": "69398", "title": "", "text": "The shopping cart is probably the worst bit, although the cutting was obviously sloppy. I find that Vice produces good content sometimes, but their website is horrendous. There's frequently writing overlaying images with colors that blend or clash. At first,  I thought that my extensions were breaking the design, but after whitelisting it every way possible I have come to the conclusion that whoever designed it for them was not a professional. It's simply bad."}
{"_id": "69407", "title": "", "text": "&gt; Why are people defending this?  Because it obfuscates the root cause and potentially damages the impact of what lessons are to be learned from this breach.  There is a constant tug of war between what security recommends and what an organization ultimately decides to deliver.   Implementing security is a delicate balance between what can be done and what should be done while keeping in mind cost, site usability and ease of development.  Users want quick responses and ease of use, developers want everything in a big sandbox and security wants to wall off everything.     Security teams generally do not implement changes required to meet sound policy.  They'll recommend, monitor and report on issues, but for all we know the security team did it's job and recommended data isolation when engineering the site and robust patch management for all application and OS components, while monitoring and reporting these potential threats to their operational counterparts.  That means nothing if the rest of the organization doesn't commit to making security a priority.     To condemn her for her degree without knowing how well she did her job is not just wrong, it's *imprecise*.  Whether it be her incompetence or an organizational culture of ignoring security in favor of expedience and cost, I think it's worthwhile to hold off on judgement until we know the full story."}
{"_id": "69419", "title": "", "text": "I used Oanda.com for Forex trading a couple years ago. I am in the US but I think it's available in the UK as well. At the time, they had no commissions and their spreads were comparable or better than other brokers. The spreads would just quite considerably when a big event like a Fed meeting or the unemployment figures come out, but I suspect that that is the same everywhere (or they have constant spreads and reject trades).  They did not push the high leverages like other brokers were at the time. I considered this to be very reputable, because though the profits to be gotten through 100:1 leverage are great advertising, the reality is that one unexpected spike and a newbie would lose a bunch of money in a margin call."}
{"_id": "69421", "title": "", "text": "\"&gt; Reminder from history: Bill Clinton signed a contract with NK and even gave them nuclear reactors \"\"to prevent NK from having nuclear weapons!\"\".  Yes, that was a *brilliant* move by Clinton!  North Korea started its wildly-expensive nuclear weapons program *after* Clinton's Pentagon war-gamed a nuclear first strike on North Korea. So in response, the North Koreans sought a nuclear deterrence.  Clinton, realizing he pushed North Korea too far, back tracked and came up with that brilliant agreement.  The agreement sought to have North Korea replace their old, heavy-water nuclear reactors with US \"\"light water\"\" nuclear reactors that are much more resistant to being used to generate weapons-grade nuclear material. And not only did the deal have a non-proliferation angle, but it locked North Korea into buying reactor support from US/western countries, thus giving us more influence/power over North Korea.  North Korea was eager to do the deal, because they saw it as creating better relations with the US, and more importantly, with their new reactors North Korea saw themselves being an energy supplier to China's massive economy.  But the problem was that North Korea needed to cover an \"\"energy shortfall\"\" -- a shortage created by the time gap between shutting down their old heavy-water reactors and the time the new light-water reactors would be built. So Clinton's agreement covered that gap by shipping North Korea fuel to generate electricity until the new reactors were done.  But then George Bush seized power in the rigged 2000 presidential election.  One of Bush's first acts was to stop the fuel shipments to North Korea and thus break the Clinton agreement.  North Korea, needing electricity ASAP, logically re-started their heavy-water reactors.  And then Bush trashed North Korea for restarting their reactors. When Bush attacked Iraq in a cold-blooded war of aggression based on lies and called North Korea part of some looney-tune \"\"Axis of Evil,\"\" North Korea responded by withdrawing from the Non-Proliferation Treaty and developed nuclear weapons.  North Korea's response was sane and logical.  &gt; Do you really believe that Iran will not have nuclear weapons?  Multiple Iranian religious leaders have stated that WMD are an insult to god. Considering that the legitimacy of Iran's government is based on religion, there would be serious political blowback if they changed that position.  Given that Iran has *repeatedly* called for a nuclear-free zone in the Middle East -- but the US and Israel refuses that call -- it would not surprise me at all if Iran developed a nuke.  Under any concept of \"\"defense\"\" or \"\"nuclear deterrence\"\" Iran is fully justified in developing nukes. If we don't like that, we should abide by international law and the Non-Proliferation Treaty and *abolish our and every other country's nuclear weapons.*  Edit: Typos.\""}
{"_id": "69425", "title": "", "text": "\"He did a great job. If you want a great and really entertaining lesson on all of this that is written in a very similar style, from the \"\"return to the gold standard\"\" viewpoint, check out the book *How an Economy Grows... And Why It Crashes* ([animated intro here](http://www.youtube.com/watch?v=78a84qbT5-w)). It's a humorous book with lots of cartoons that starts with three guys on a deserted island catching fish with their hands. One day one goes hungry one day out of two to spend time building a net. This creates a surplus of fish in his hut, which in turn become currency for what eventually becomes a future world superpower that looks surprisingly like the US, complete with a federal reserve run by Ben Barnacle (Bernanke).\""}
{"_id": "69434", "title": "", "text": "\"When you buy a house, the real estate agent or title company normally draws up a big sheet with all the costs and payments involved. There are typically two columns: one for amounts paid to or paid by the seller, and another for amounts paid to or paid by the buyer. Who is responsible for what is a legal question: this is pretty fixed. But it's very common for the seller to agree to pay some portion of the buyer's closing costs. In any house sale I've ever been involved in, whether as buyer or seller, nobody bothers to say which costs the seller is agreeing to pay. Rather, the seller just agrees to a number. Then somewhere on the sheet of costs there will be a line that says \"\"closing costs paid by seller\"\" or some such wording, and then it shows a minus to the seller and a plus to the buyer. (Or something equivalent, depending on how the sheet is organized.)  The amount is negotiated. When you make an offer, you'll say whatever numbers you are prepared to offer, like \"\"I offer to pay $100,000 for the house, seller to pay $3,000 of closing costs\"\". And whatever other conditions, seller to repair the leak in the roof, whatever. It makes sense for the seller to pick up some share of the closing costs, because the seller normally walks away with cash in hand while the buyer is struggling to come up with enough cash to make a down payment and pay all the closing costs, i.e. the seller probably can afford to give up some cash while the buyer may be struggling to come up with cash. The only costs I can think of that I've had before closing day are, (a) Earnest money. (b) Inspection. (c) Credit check or application fee to bank. Earnest money is applied to the purchase price at closing, so it's pretty much a moot point. The application fee is a potential deal-breaker. I've never heard of a seller agreeing to pay this, but I guess they could. But if you can't get the loan, you probably won't buy the house, so the seller would be out money for nothing.  Everything else is normally paid on closing day. They total up all the costs and all the money floating around and at the end the seller gets one check that is the net of everything and the buyer writes one check that is the net of everything, and the realtor or title company deals with getting the money to the right people. So there's normally no issue of paying things as they come up. You do it all at once.\""}
{"_id": "69474", "title": "", "text": "The main difference is that the ISA account like a Cash ISA shelters you from TAX - you don't have to worry about Capital Gains TAX. The other account is normal taxable account. With only \u00a3500 to invest you will be paying a high % in charges so... To start out I would look at some of the Investment Trust savings schemes  where you can save  a small amount monthly very cost-effectively - save \u00a350 a month for a year to see how you get on. Some Trusts to look at include Wittan, City Of London and Lowland"}
{"_id": "69482", "title": "", "text": "There is also no support in management. Her boss is is doing the standard lazy manager bullshit. He/she prolly knows that your boss is an asshole and simply lacks the courage/conviction to do anything. You will lose know matter what here. Leave. Now."}
{"_id": "69485", "title": "", "text": "Borrowing Wikipedia for a bit, it seems like the intrinsic uses are these. I've ordered these approximately in technology-level order: The importance of any of these uses largely depends on the state of a civilization and the level of technology of that civilization. However, most of these applications have far cheaper substitutes available."}
{"_id": "69487", "title": "", "text": "For the same reason you wanted it when you bought it. No-one guarantees that you'll be able to sell the stock you hold, and in fact many people get stuck with stocks they'd like to sell, but no-one is buying. But if investors think there's a profit potential that is not exhausted yet - they'll want to buy the stock."}
{"_id": "69495", "title": "", "text": "\"Here's what you do without, on the negative side, just for balance: A bill: When I last had comprehensive insurance, it cost something like 3-4% of the value of the car per annum.  (Obviously ymmv enormously but I think that's somewhere near the middle of the range and I'm not especially risky.)  So, compared to the total depreciation and running costs of the car, it's actually fairly substantial.  Over the say 10 years I might keep that car, it adds up to a fair slice of what it will take to buy a replacement. Financial crisis costs: I don't know about you, but my insurance went up something like 30% in recent years, despite the value-insured and the risk going down, said by the insurer to be due to market turmoil.  So, at least hundreds of dollars is just kind of frictional loss, and I'd rather not pay it. Wrangling with the insurer: if you have insurance and a loss, you have to persuade them to pay out, perhaps document the original conditions or the fault, perhaps argue about whether their payment is fair.  I've done this for small (non-automotive) claims, and it added up to more hassle than the incident itself.  Obviously all insurers will claim they're friendly to deal with but until you actually have a big claim you never know. Moral hazard: I know I'm solely responsible for not having my car crashed or stolen.  Somehow that just feels better. Free riders: I've seen people \"\"fudge\"\" their insurance claims so that things that shouldn't have been covered were claimed to be.  You might have too.  Buy insurance and you're paying for them. Choice: Insurers are typically going to make the decision for you about whether a claim is repairable or not, and in my experience are reluctant or refuse to just give you the cash amount of the claim. (See also, moral hazard.)  Do it yourself and you can choose whether to live with it, make a smaller or larger repair, or replace the whole vehicle with a second hand one or a brand new one, or indeed perhaps do without a vehicle. A distraction: Hopefully by the time you've been working for a while, a vehicle is not a really large fraction of your net worth.  If you lose 10% of your net worth it's not really nice but - well, you could easily have lost that off the value of your house or your retirement portfolio in recent years.  What you actually need to insure is genuinely serious risks that would seriously change your life if they were lost, such as your ability to work.  For about the same cost as insuring a $x car, you can insure against $x income every year for the rest of your life, and I think it's far more important. If I have a write-off accident but walk away I'll be perfectly happy. And, obviously, liability insurance is important, because being hit for $millions of liabilities could also have a serious impact.   Coverage for mechanical failures: If your 8yo car needs a new transmission, insurance isn't going to help, yet it may cost more than the typical minor collision.  Save the money yourself and you can manage those costs out of the same bucket. Flexibility: If you save up to replace your car, but some other crisis occurs, you can choose to put the money towards that.  If you have car insurance but you have a family medical thing it's no help. I think the bottom line is: insure against costs you couldn't cope with by yourself.  There are people who need a car but can just barely afford it, but if you're fortunate enough not to be in that case you don't really need comprehensive insurance.\""}
{"_id": "69506", "title": "", "text": "Try to find the P/E ratio of the Company and then Multiply it with last E.P.S, this calculation gives the Fundamental Value of the share, anything higher than this Value is not acceptable and Vice versa."}
{"_id": "69518", "title": "", "text": "Lots of countries *have* printed themselves away from debt. Not all inflation turns into a death spiral like Zimbabwe (or Weimar Germany) did, for that you need to have a really shitty economy that no-one believes in.  The problem with Japan right now is that they are trying to print their debt away, but as they do so, their currency *appreciates*. Gold medal for the first one who manages to explain that one."}
{"_id": "69523", "title": "", "text": "\"Although this isn't related to homes directly, as an IT professional I know that wind power tends to be cost effective to the point that many data centers (the massive buildings holding the servers that are the backbone of the internet) actually invest in their own wind turbines to slash costs since servers tend to be power hogs. As far as going \"\"off the grid\"\" that ultimately depends on how much wind/sun you're getting at your residence, but if you look at places like Dallas, PA, CA, and other areas where  the major hosts place centers, they're typically in areas where there's plenty of sunlight or wind. Going back to small scale thinking however, one of my contacts actually leases a colocation building in PA where he has a few server racks, and while he currently has electric there, he also owns a couple of turbines which have been powering <60% of the demand, and he's actually planning to add solar and also feed that back to the grid at a profit. So overall wind/solar definitely has the potential for a decent ROI, at both large and small levels, but performance will vary greatly from area to area.  I know that Lowes actually started advertising about carrying solar panels, so going in and asking about the performance and if you can arrange an audit of your home might be a good place to start. If you Google \"\"green audits\"\" I'm sure you can find a trillion companies \"\"specializing\"\" in green power, but as with any sales rep (including at Lowe's) I'd do some due-diligence so you don't get taken for a ride, and also to check references because I don't think \"\"green audit\"\" companies have any official certifications/standards.\""}
{"_id": "69546", "title": "", "text": "I think there are multiple mafia's involved. Clinton mafia, deep state mafia, and various fiefdoms within the kingdom. Trump is a wildcard. He sees his job as ripping out the old mafia and installing a new mafia, which is loyal to him. The only way to destroy the mafia, is with a mafia. There is always a mafia in control, but during a changeover, the people get glimpses of what is really going on.  I believe that Trump knows he is insane. Clinton does not have this level of self awareness, and that actually makes her more dangerous.  I am not FOR Trump; I am for a wildcard, and change, and the glimpse of what is going on behind the curtains."}
{"_id": "69548", "title": "", "text": "I will not use an iPhone with the current screen size and wasted space around the screen. If someone gave me an iPhone I wouldn't use it let alone pay for one. They are soo outdated compared to even the S4, not to mention the S5. I actually chuckle to myself when people pay money for them. Apple should be giving them away like they are flip phones."}
{"_id": "69560", "title": "", "text": "\"Square use SSN to verify identity, and they only ask for the last 4 digits for that purpose. If she entered the full SSN - then she entered it into the tax id field, which was a wrong thing to do. It is also worth mentioning that since you mentioned a \"\"business partner\"\" that \"\"should have taken care of taxes\"\" that you should have a tax adviser whose job would be to take care of taxes and ensure that your interests are well-represented. I would suggest not to try interacting with the IRS on your own. Hire a tax adviser (EA/CPA licensed in your State) to do that. That tax adviser will be able to fix the problem (there are different ways of doing it, depending on the circumstances) and also verify that the business taxes were properly taken care of. When dealing with business partners - assume that what they've \"\"supposedly\"\" did was not done, until you see it with your own eyes. Saying that \"\"Supposedly, her business partner took care of all tax issues\"\" means, in this case, that you've been caught with unreported income that you tried to conceal. It is your (your sister's...) responsibility to prove otherwise. It is a very weak defense when the IRS comes knocking on the door for their money.\""}
{"_id": "69565", "title": "", "text": "You are paid hourly? I would have expected most IT people to be on salary Depends what your boss is like, he might be easy going and just give a raise if you ask for it. Failing that, do some self improvements, learn something new, take a course, maybe take some PHP certifications or even java certifications? Then at least you can say you're trying to move up In regards to pay, have a look on monster or some US job sites, at jobs similar to what you do and with the similar requirements, that should give you an idea of what you should be on. If all else fails, find a new job, that is always a good way of  moving up Hope this helps"}
{"_id": "69575", "title": "", "text": "&gt; Instead we give money to banks, tax breaks for the already wealthy, and then deregulate finance when the problem seemed to stem from deregulation and non-enforcement.  What deregulation? There is no deregulation in the banking sector. The fact that the banks got bailed out with taxpayer dollar is proof that the market is far too regulated; failed banks are not allowed to fail! You cannot possibly have a *more* regulated market than that.   We need to deregulate the market, therefore letting shitty banks fail."}
{"_id": "69604", "title": "", "text": "Original text: http://sci-hub.io/10.2105/AJPH.2017.303982  Most of these were speaking fees. In addition, 'payments' includes any transfer of value. If a pharma company rep buys a doctor a coffee, they're classed as paying them. Same thing if they sponsor a lunch at a conference. That's where the 1 in 12 figure comes from.  Most of the money is from speakers fees, which is limited to a very small subsection of doctors."}
{"_id": "69617", "title": "", "text": "You elected to defer paying taxes by contributing to an IRA. Lawmakers simply want to make sure that they collect those taxes by requiring you to either withdraw the money (incurring a tax liability) or pay a penalty (tax)."}
{"_id": "69623", "title": "", "text": "\"In my experience (in the US), the main draw of check-cashing businesses (like \"\"CheckN2Cash\"\" is that they will hold your check for a certain period of time.  This is also known as a \"\"payday loan\"\".  Rather than bringing them a check someone else has written you, you write them a check yourself, postdated, and they pay you the amount on the check less their fees, and agree not to cash the check until a future date.  So if you don't have the money right now but you need it before your next payday, you visit a check-cashing business and get the money, and it'll be withdrawn from your account after your next paycheck.\""}
{"_id": "69625", "title": "", "text": "No it is not. If you are able to afford the EMI on the gold loan, just increase the EMI on your home loan and you will save more. Example: If your home loan EMI is say 65000, and the EMI for 10 lacs Gold loan is 15000, increase the Home loan EMI to 80000...."}
{"_id": "69641", "title": "", "text": "From a slightly different perspective, in my experience of buying a house you will find some unexpected costs due repairs that need to be made which were overlooked during the home inspection etc. You will need some financial cushion to fall back onto for these unexpected costs so for that reason alone I'd try to pay off as much of the credit card debt as I can."}
{"_id": "69654", "title": "", "text": "Investing in property hoping that it will gain value is usually foolish; real estate increases about 3% a year in the long run.  Investing in property to rent is labor-intensive; you have to deal with tenants, and also have to take care of repairs.  It's essentially getting a second job. I don't know what the word pension implies in Europe; in America, it's an employer-funded retirement plan separate from personally funded retirement.  I'd invest in personally funded retirement well before buying real estate to rent, and diversify my money in that retirement plan widely if I was within 10-20 years of retirement."}
{"_id": "69655", "title": "", "text": "About 3.87% annualized, actually. But hey, let's get a head start and since the DOW is a price-weighted average, we could swap out the lowest priced stocks on the DOW (i.e. Pfizer and Cisco) with Berkshire Hathaway A shares and Amazon. Presto! The DOW is dumb."}
{"_id": "69658", "title": "", "text": "\"Meh. Do you know how many tens of millions pieces of sensitive information the Gov has 'lost' and nobody batted an eye? LOL.. even the NSA, CIA, etc \"\"lost\"\" ungodly amounts of sensitive information and nobody paid attention. Lol but a private company does it and they will be made an example of (as they should) lol but it's like the pot calling the kettle black\""}
{"_id": "69672", "title": "", "text": "There's a difference between funding and paying. We will build it and then either sell them the energy created from the solar panels or levy against monies being sent to Mexico. However the money is recouped it is a penalty for their failure to police their border towns and stop the influx of drugs along with illegal immigrants. The cost of social benefits for illegal immigrants alone will recoup the cost in one year. I can get you sources for that math too or you can just google it."}
{"_id": "69680", "title": "", "text": "Can't tell you where to go for a good policy, but I can tell you that most brokers make a hefty commission out of your payments for at least a year before you even start funding the tax sheltered investment account that you're trying to buy under the umbrella of life insurance. You'll have to do a lot of homework to hunt down a reputable discount broker or a direct policy purchase from the insurance company. Life insurance requires insurable need. The description is vague enough, that you can probably still get the account despite being a single male with no apparent heirs to benefit, but it raises the question of why you are buying the insurance. Whole life policies require you to maintain a certain ratio of investment to premium payment and you will likely never be able access all of the money in the account for your own personal usage. Compare several policies from several brokers and companies. Read all the critical sources you can about the pitfalls and dangers of commissions, fees and taxes eating the benefits of your account. Verify that the insurance company you buy the policy from is financially stable after the market crash. You are paying a commission to pool your money into their investment fund, and if your insurer goes under, you'll have to get a portion of your money (possibly only the principle) back from the state insurance commissioner. Some companies sold pretty generous policies during the bubble and have cut their offerings way down without fixing their marketing literature and rosy promises.  Finally, let us know what you find. It never hurts to see hard numbers and to run multiple eyes over the legalese in these contracts."}
{"_id": "69683", "title": "", "text": "While I might have to agree with PiratesSayARRR from below about missing case details, I have to say, your math seems to check out to me. Although the numbers aren't rouded off and pretty, they back out. $22,285.71 generates $334.28 of fees in a month; subtract from that the monthly cost of funds (.003333 x $22285.71)= $74.28... $334.28-74.28 = $260.00. Hate to say it, but maybe they didn't hire you for a different reason?"}
{"_id": "69684", "title": "", "text": "I find it amazing that someone would think the way to disarm someone, from the only weapon that scares the shit out of you, is to threaten them?  In what fucking Morons mind does that balance out.  I have a novel idea, something that has never been tried and truly worthy of a Nobel prize in its brilliance and innovation.  Try shutting the fuck up.  Its 0 risk"}
{"_id": "69689", "title": "", "text": "\"Along with the commercials for \"\"frog\"\" protection from Discover, most credit card issuers provide fraud protection and zero liability for any unauthorized purchases. As was mentioned in one of the comments, many issuers also will allow temporary \"\"virtual cards\"\" that can be used in places that may not appear to be as reputable.  Depending on the type of pre-paid card you are using, you're likely paying some form of a fee for it, and you're certainly not taking advantage of the benefits that a credit card can provide, cash back being a big one. There are no annual fee cards out there that get 2%  cash back on every purchase.\""}
{"_id": "69696", "title": "", "text": "You said the decision will be made by EOD. If you've made the decision prior to the market close, I'd execute on the closing price.  If you are trading stocks with any decent volume, I'd not worry about the liquidity.  If your strategy's profits are so small that your gains are significantly impacted by say, the bid/ask spread (a penny or less for liquid stocks) I'd rethink the approach. You'll find the difference between the market open and prior night close is far greater than the normal bid/ask."}
{"_id": "69697", "title": "", "text": "This is a really good point. The only caveat I'd make here is that junior professionals at investment banks / management consulting firms (let's call them analysts) generally have absolute no agency over their schedules, which is stressful and definitely impedes one's ability to have a social life."}
{"_id": "69707", "title": "", "text": "\"good for fucking them. what happened to the times when people like that were respected? people used to see a Rolls Royce and say \"\"damn some day i want to be that successful.\"\" People used to want to be that. now everyone sees that same rolls royce and thinks \"\"what an asshole, I should get the money he worked his ass off for.\"\" as they sit on a couch, jobless, dirty, and lazy. want to change that stat? go out and get yours. dont let someone else control your time on this world. Life isnt fair. get used to it. Seize the day, go out and make your life what you want it to be.\""}
{"_id": "69714", "title": "", "text": "PressPlay by Mark Thompson and Matt Callen is sure to be the top software to help internet marketers create top quality video sales landing pages or letters (VSLs). I like it because it is a template and fill in the blank based setup. This makes it very user friendly that even a newbie like me can use it."}
{"_id": "69721", "title": "", "text": "There are also low-risk money markets to invest into.  With that kind of long-term savings plan I'd look into those first for the investment factor. I used one like this so that I had the flexibility to either use it for a down payment on a house or school.  And make sure to name a new  administrator in your will if you want to make sure the intent is upheld."}
{"_id": "69739", "title": "", "text": "I don't think it's hard but definitely not easy either. It is very time consuming. The hardest things is about how to apply the abstract strategies as example link building. You will learn the difference between links, how to get a backlink and etc. The problem is that you need most of the times to be creative and make your own strategy because sometimes that same strategy that you learn won't work in this case. So because of that I believe you need a good amount of knowledge to know how to adapt and always make the most efficient strategy for that case.   Digital marketing have a lot to learn and different niches. I would suggest you to pick one (SEO, SMM, PPC, SEM, email marketing, content marketing, video producing, Youtube marketing, influencer marketing, reputation management and more..) Those one are some of the most popular but we have way more and many niches inside them.  What I suggest is to choose one of them and found a good source of knowledge to learn. The problem to learn by yourself is that it will take time to filter what is good and what is not. And mostly people will give you a bad but baiting content in order to sell you something in this market. So be careful with scammers.  Hope it helped."}
{"_id": "69753", "title": "", "text": "Yes this would be the same as when a corporation sells bonds. If it is the same as you describe. A product page would make it possible to give you a definitive answer. Also I strongly advice against taking out this type of loan if not for investment"}
{"_id": "69762", "title": "", "text": "I looked a bit at the first 3, .24% expense.  There's a direction to not discuss individual investments here, so the rest of my answer will need to lean generic. I see you have 5 funds. I'm surmising it's an attempt at 'diversifying'. I'll ask you - what do these five, when combined, offer that a straight S&P 500 index (or some flavor of extended market) doesn't?  I've gone through the exercise of looking at portfolios with a dozen funds and found overlap so great that 2 or 3 funds would have been sufficient.  There are S&P funds that are as low as .05%. this difference may not seem like much, but it adds over time.  To your last point, I'd consider a Solo 401(k) as you're self employed. One that offers the Roth option if you are in the marginal 15% bracket."}
{"_id": "69766", "title": "", "text": "I have maintained that traditional TV will be obsolete for years now... it seems a certain inevitability, since the invention of the internet.   Even assuming it is certain, there are some things to consider:  1) Time Frame: It is taking way longer than I had expected for people to switch away from traditional subscriptions/packaging.  Many people refuse to adopt/adapt to new technology and like the comfortable familiarity of TV. It is hard to say exactly when 'the big shift' will happen.  2) The companies making billions of dollars are likely monitoring their revenues/market very closely, and will probably know better than you when their current business model is about to fail. They may develop a plan to switch to internet based distribution, production of shows, or any number of other alternatives, which might not cause their share price to drop as drastically as one might predict.  Profiting from this idea (as with any strategy) relies on you to identify the stocks that will be affected, and time your short position on them better than the rest of the market. Doing it now, or at an arbitrary date, means you will incur the opportunity cost of holding the instrument over a period when another investment would yield better returns (potentially even a long position on these same companies)."}
{"_id": "69771", "title": "", "text": "Just look at the published annualized returns, which are inclusive of distributions and fees. From the Vanguard website: Average annual returns include changes in share price and reinvestment of dividends and capital gains."}
{"_id": "69774", "title": "", "text": "\"I am failing to see why would a person get an IRA, instead of just putting the same amount of money into a mutual fund (like Vanguard) or something like that. Well, this isn't a meaningful distinction. The mutual fund may or may not be in an IRA. Similarly, the mutual fund may or may not be in a 401(k), however. So I'm going to treat your question as if it's \"\"why would a person get a mutual fund (like Vanguard) or something like that in an IRA, instead of just putting the same amount of money into the same mutual fund in a 401(k).\"\" Same mutual fund, same amount of money, narrowing your question to the difference between the two types of accounts, as stated in your question's title. Others have answered that to the extent that you really have no choice other than \"\"pick which type of account to use for a given bundle of money\"\", other than nobody having mentioned the employer match. Even if there were no other difference at all in tax treatment, it's pretty typical that 401(k) contributions will be matched by free money from the employer. No IRA can compete with that. But, that's not the only choice either: Many of us contribute to both the 401(k) and the IRA. Why? Because we can. I'm not suggesting that just-anybody can, but, if you max out the employer matching in the 401(k), or if you max out the tax-advantaged contribution limit in the 401(k), and you still have more money that you want to save in a tax-advantaged retirement account this year, you can do so. The IRA is available, it's not \"\"instead-of\"\" the 401(k).\""}
{"_id": "69790", "title": "", "text": "Anyone who wants to can use any method they want. Ultimately, the price of the stock will settle on the valuation that people tend to agree on. If you think the priced in numbers are too low, buy the stock as that would mean that its price will go up as the future earnings materialize. If you think it's too high, short the stock, as its price will go down as future earnings fail to materialize. The current price represents the price at which just as much pressure pushes the price up as down. That means people agree it's reasonably approximating the expected future value. Imagine if I needed money now and sold at auction whatever salary I make in 2019. How much will I make in 2019? I might be disabled. I might be a high earner. Who knows? But if I auction off those earnings, whatever price it sells for represents everyone's best estimate of that value. But each participant in the auction can estimate that value however they want. If you want to know what something is worth, you see what you can sell it for."}
{"_id": "69800", "title": "", "text": "\"I'm no accountant, but I think the way I'd want to approach this kind of thing in Gnucash would be to track it as an Asset, since it is. It sounds like your actual concern is that your tracked asset value isn't reflecting its current \"\"market\"\" value. Presumably because it's risky it's also illiquid, so you're not sure how much value it should have on your books. Your approach suggested here of having it as just as expense gives it a 0 value as an asset, but without tracking that there's something that you own. The two main approaches to tracking an investment in Gnucash are: Of course, both of these approaches do assume that you have some notion of your investment's \"\"current value\"\", which is what you're tracking. As the section on Estimating Valuation of the concepts guide says of valuing illiquid assets, \"\"There is no hard rule on this, and in fact different accountants may prefer to do this differently.\"\" If you really think that the investment isn't worth anything at the moment, then I suppose you should track it at 0, but presumably you think it's worth something or you wouldn't have bought it, right? Even if it's just for your personal records, part of a regular (maybe annual?) review of your investments should include coming up with what you currently value that investment at (perhaps your best guess of what you could sell it for, assuming that you could find a willing buyer), and updating your records accordingly. Of course, if you need a valuation for a bank or for tax purposes or the like, they have more specific rules about how they are tracking what things are worth, but presumably you're trying to track your personal assets for your own reasons to get a handle on what you currently own. So, do that! Take the time to get a handle on the worth of what you currently own. And don't worry about getting the value wrong, just take your best guess, since you can always update it later when you learn new information about what your investment is worth.\""}
{"_id": "69809", "title": "", "text": "Is a career in finance a good one? I'm looking to find a inline degree to pursue, and one thing I've always been Interested in is investing. And finances. I always keep close watch on my money and think of what I can do with it and how I can use it properly."}
{"_id": "69818", "title": "", "text": "Ha! What a fucking shill you are. Your post history is like a fucking billboard on the side of a highway advertising your dishonesty! I'm curious, do you get paid by the Chinese government directly for advancing propaganda or do you just do it so they don't put everyone in your family in a work camp? I am genuinely curious."}
{"_id": "69841", "title": "", "text": "A UTMA may or may not fit your situation. The main drawbacks to a UTMA account is that it will count against your child for financial aid (it counts as the child's asset). The second thing to consider is that taxes aren't deferred like in a 529 plan. The last problem of course is that when he turns 18 he gets control of the account and can spend the money on random junk (which may or may not be important to you). A 529 plan has a few advantages over a UTMA account. The grandparents can open the account with your son as the beneficiary and the money doesn't show up on financial aid for college (under current law which could change of course). Earnings grow tax free which will net you more total growth. You can also contribute substantially more without triggering the gift tax ~$60k. Also many states provide a state tax break for contributing to the state sponsored 529 plan. The account owner would be the grandparents so junior can't spend the money on teenage junk. The big downside to the 529 is the 10% penalty if the money isn't used for higher education. The flip side is that if the money is left for 20 years you will also have additional growth from the 20 years of tax free growth which may be a wash depending on your tax bracket and the tax rates in effect over those 20 years."}
{"_id": "69856", "title": "", "text": "Thanks man. Even the credit default swaps were initially an amazing deal for the banks selling them. They got to collect huge amounts of premium for awhile thinking they'd never have to pay out. For the stories we heard in the Big Short, I bet there's hundreds of people out there who paid premiums for years until they couldn't anymore and never got their big payout.       It's crazy that you could basically take out an insurance policy on something you had no stake or equity in. It was literally a bet. The data supported the defaults too, though. Looking at [delinquency rates](https://fred.stlouisfed.org/series/DRSFRMACBS), Q1 of 2010 had a staggering *11.53%* of all mortgage payments being late. That's insane. Some people saw it creeping up and recognized that Q1 '08 was 76% higher than the previous year and was only climbing, and knew it was going to pop."}
{"_id": "69873", "title": "", "text": "\"I am not sure if I would get any benefit besides the hourly payment as   an intern. What are the benefits I can expect while working for this   company (or any other software company) Probably none. Changes from company to company but usually only full-time employees are entitled for benefits. For example, could I ask them to reimburse my bus fare or fuel costs   in addition to the hourly pay? You can always ask:-) If it's not in the offer - better ask now, you'll get paid what is written in the offer you accepted. Highly unlikely though. What kind of an \"\"employee\"\" is an intern? (Read about exempt and   non-exempt employee, but that's all very confusing) As intern you're non-exempt. As a professional (i.e.: Not part of internship) you would be exempt. Since this is the second time, since my interview, that I have   requested, and been offered a higher rate, should I continue to ask   them for a value near a $35/hr rate Have you asked them for $35? Or just for more? Anyway, I don't think that if they raised the offer from $17 to $21.75 that there's a chance for you to get $35 from them.\""}
{"_id": "69887", "title": "", "text": "Yup, scanning and entering the database must've been expensive but assuming that's up and running and the code/site is paid and working well, they're just paying for the bandwidth at this point. I'd imagine they'd have a huge chunk of change left over from that 300mil low-end estimate of revenue. Still, it's amazing to me to think this business is that large, as a younger person i had no idea that this was so popular, it'd assumed it was a niche within a niche."}
{"_id": "69909", "title": "", "text": "It's interesting how too much(?) freedom pretty much translates back into *homo homini lupus*.  The inherent selfishness of mankind needs to be confined by the state for the greater good if entities fail to adhere to decent human standards."}
{"_id": "69915", "title": "", "text": "The 10 year comparison between your fund and the S&P 500 -   I'd say more, but not sure it's needed."}
{"_id": "69938", "title": "", "text": "If your credit is good, you should immediately attempt to refinance your high rate credit cards by transferring the balance to credit cards with lower interest rates.You might want to check at your local credit union, credit unions can offer great rates. Use the $4000 to pay off whatever is left on the high rate cards. If your credit is bad, I suggest you call your credit card company and try to negotiate with them. If they consider you a risk they might settle your account for fraction of what you own if you can send payment immediately. Don't tell them you have money, just tell them your are trying to get your finances under control and see what they can offer you. This will damage your credit score but will get you out of depth much sooner and save you money in the long term. Also keep in mind that if they do settle, they'll close your account. That way, you leverage the $4000 and use it as a tool to get concessions from the bank."}
{"_id": "69949", "title": "", "text": "I did not expect this! However, upon review, it is quite sad, really. Being top 20% requires only a bit above 100k in family income. That means that two working parents on 50k+ is in the top 20%.  As a Norwegian, I am geniunely shocked by this. Your top 20% earns no more than an average middle class or upper working class family would earn in Norway. If memory serves, our prices are on average 20% higher than US prices, so that still doesn't explain the discrepancy.  Still, it was interesting to see the high variance in incomes over time. I presume that can explain why stress levels are so high in the US."}
{"_id": "69960", "title": "", "text": "As long as we remember that debt is the only option when the government has to borrow their money at interest or take it from taxes. When taxes don't cut it, we borrow. Ever wondered why the government doesn't just spend money into the economy instead of borrowing at interest?"}
{"_id": "69965", "title": "", "text": "This!  I went in to try on different sized Apple Watches (don\u2019t hate) and the guy pushed the 3mm because it\u2019s the women\u2019s one.   I mean, I don\u2019t mean to say you must have a tiny dick, but if the size of the watch is determined by gender for you, mr salesman, and not by my preference, then I don\u2019t know where else you got that dumb an expression. Not to mention, I already told him I wanted to try both to see how they *feel.*"}
{"_id": "69968", "title": "", "text": "Sorry, bro(or derpina). I already have a line of awesome people I wish to God I could hire. Currently have one in line ahead that I hope I can hire to telecommute in the future.   It's rough right now out there. I hope I can make money so I can give it away to those who have need. I personally have a hard time believing that unemployment is at merely 8.3% or so. That's just bunk. Democrat or Republican, you'd have to be an absolute fool to believe those numbers."}
{"_id": "69970", "title": "", "text": "&gt; Do you think it's our honorable duty to fund mass murder?  If you truly felt that way, then you wouldn't be living here hypocritically now would you?   &gt; Yes, but politicians and their cronies have perfected manipulating public opinion to their benefit.  So how is cheating on taxes going to fix that?"}
{"_id": "69972", "title": "", "text": "[Thanks for civility]  Your situation sounds very rough and I'm sorry for it,  truly I'm. This is a hard question to answer and would love to open a dialogue with people who are willing to actually listen/talk.   The question: How can we as a society help those in financial need?  Raising minimum wage? - Doesn't work as well proponents would like. Prices go up, people who used to make $ for the employer may not anymore thus is fired. (Burger flipper 1 makes the owner $11/hr, bf 2 makes $13/hr. Minimum wage goes up to $12 and suddenly bf1 no longer makes a profit and is let go)  UBI - Wouldn't work, it'll simply raise the costs of everything  Universal HC, food, car insurance, etc - It'll create lower quality products that are largely ineffective. Look at Canada   So how can we help without simply giving $ away in times of artificially raising wages, giving free money (UBI), or giving free stuff?  I really don't know the answer and i'm like to talk solutions"}
{"_id": "69973", "title": "", "text": "For the lazy:   1. It\u2019s a paradigm shift = I don\u2019t know what\u2019s going on in our business. But we\u2019re not making as much money as we used to.   2. We\u2019re data-driven = We try not to make decisions by the seat of our pants. When possible, we try to base them in facts.   3. We need to wrap our heads around this = Gosh, I never thought of that. We need to discuss that\u2026.   4. It\u2019s a win-win = Hey, we both get something out of this (even though I\u2019m really trying to get the best from you)   5. ROI [used in any sentence] = Look at me, I\u2019m very financially-minded, even if I never took any finance classes in school 6. Let\u2019s blue sky this/let\u2019s ballpark this = Let\u2019s shoot around a bunch of ideas since we have no clue what to do   7. I\u2019m a bit of a visionary = I\u2019m a bit of an egomaniac and narcissist   8. I\u2019m a team player/we only hire team players = I hope everyone on the team thinks this is a meritocracy, even though I\u2019m the dictator in charge   9. Let\u2019s circle back to that/Let\u2019s put that in the parking lot/let\u2019s touch base on that later/let\u2019s take this off-line = Shut up and let\u2019s go back to what I was talking about   10. We think outside the box here/color outside the lines = We wouldn\u2019t know about how to do something innovative if it came up to us and bit us in the behind   11. I/we/you don\u2019t have the bandwidth = Since we cut 60% of our headcount, we\u2019re all doing the job of 3 people, so we\u2019re all burned out   12. This is where the rubber meets the road = Don\u2019t screw up   13. Net net/the net of it is/when you net it out = I never studied finance or accounting but I sound like someone who can make money if I keep talking about another word for profit   14. We\u2019ll go back and sharpen our pencils = We\u2019ll go back and offer you the same for 20% less in hopes you\u2019ll buy it before the end of the quarter   15.  It\u2019s like the book \u201cCrossing the Chasm\u201d/\u201dBlue Ocean\u201d/\u201dGood To Great\u201d / \u201cTipping Point\u201d / \u201cOutliers\u201d = I\u2019ve never read any of these books but I sound literate if I quote from them. And, besides, you cretins probably never read them either to call me out on it   16. Let\u2019s right-size it = Let\u2019s whack/fire a bunch of people   17. It\u2019s next-gen/turn-key/plug-and-play = I want it to sound so technical that you\u2019ll just buy it without asking me any questions   18. We need to manage the optics of this = How can we lie about this in a way people will believe?   19. This is creative destruction = I\u2019ve never read Joseph Schumpeter but our core business is getting killed so it\u2019s your responsibility to come up with a new product the market will buy   20. We don\u2019t have enough boots on the ground = I don\u2019t want to be fired for this disastrous product/country launch, so I\u2019m going to sound tough referring to the military and say I don\u2019t have enough resources   21. Deal with it = Tough cookies   22. By way of housekeeping = This makes the boring stuff I\u2019m about to say sound more official   23. That\u2019s the $64,000 question [sometimes, due to inflation, people will denominate this cliche in millions or billions of dollars] = I don\u2019t know either   24. Let\u2019s square the circle = I\u2019m someone who can unify two team members\u2019 views and sound important   25. It\u2019s our cash cow/protect/milk the cash cow = If that business goes south, we\u2019re all out of a job   26. It\u2019s about synergies/1 + 1 = 3 = I don\u2019t get the math either, but it sounds like more and more is better, right?   27. Who\u2019s going to step up to the plate? = One of you is going to do this and it\u2019s not going to be me   28. We\u2019re eating our own dog food = It sounds gross but we seem like honest folks if we do this.   29. We need to monetize/strategize/analyze/incentivize = When in doubt, stick \u201c-ize\u201d on the end of a word and say we\u2019ve got to do this and 9 out of 10 times, it will sound action-oriented.   30. We did a Five Forces/SWOT analysis/Value Chain analysis = We didn\u2019t really do any of that, but none of you probably even remember Michael Porter, so what the heck   31. It was a perfect storm = We really screwed up but we\u2019re going to blame a bunch of factors that are out of our hands (especially weather)   32. At the end of the day\u2026. = OK, enough talking back and forth, we\u2019re going to do what I want to do   33. Who\u2019s got the \u2018R\u2019? [i.e., responsibility to do what we just spent 20 minutes talking about aimlessly] = If I ask the question, it won\u2019t be assigned to me   34. Let\u2019s put lipstick on this pig = plug your nose   35. I\u2019m putting a stake in the ground here\u2026 = I\u2019m a leader, simply because I\u2019m using this cliche   36. We\u2019re customer-focused/proactive/results-oriented = That can\u2019t be bad, right?  This is motherhood and apple pie stuff   37. Our visibility into the quarter is a little fuzzy = Sales just fell off a cliff   38. That\u2019s not our core competency/we\u2019re sticking to our knitting = We\u2019re just glad we\u2019re making money in one business, because we\u2019d have no clue how to get into any other business   39. Well, we\u2019re facing some headwinds there = You put your finger on the area we\u2019re panicking over   40. It\u2019s a one-off = Do whatever they want to close the sale   41. Incent it = That\u2019s not a verb but I just made it into one because I\u2019m a man/woman of action   42. I\u2019m an agent of change = This makes it sound like I know how to handle the chaos that our business is constantly going through   43. We\u2019ve got to do a little more due diligence there = Don\u2019t have a clue but does that legal term make me sound detail-oriented?   44. Don\u2019t leave money on the table = Be as greedy with them as possible   45. We take a \u201cready, fire, aim\u201d approach here = We totally operate on a seat-of-the-pants basis   46. Hope is not a strategy = I don\u2019t have a strategy, but this makes it sound like I\u2019m above people who also don\u2019t have a strategy   47. We have to tear down the silos internally = Our organizational structure is such a mess that I\u2019m going to be under-mined by other departments at every turn   48. I don\u2019t think it will move the needle = This won\u2019t get my boss excited   49. Good to put a face to the name = I\u2019d really rather talk to that person behind you   50. Let\u2019s take the 30,000 foot view\u2026 = I like to think I see the big picture  51. It\u2019s the old 80-20 rule = I really have no idea what the rule was, but I just want to focus on the things that will make us successful   52. We need to manage expectations = Get ready to start sucking up to people   53. It\u2019s not actionable enough/what\u2019s the deliverable? = You guys do the work on refining the idea. I\u2019m too tired.   54. My 2 cents is\u2026 = This opinion is worth a heck of a lot more than 2 cents   55. I\u2019m going to sound like a broken record here\u2026 = I want to clearly point out to you idiots that I\u2019ve made this point several times before   56. We\u2019ve got too many chiefs and not enough Indians = I want to be the Chief   57. Going forward = Don\u2019t screw up like this again   58. My people know I\u2019ve got an open door policy = I\u2019ve told my direct reports to come to me if they have a problem, so why should I feel bad if they complain I\u2019m too busy to talk to them?   59. It\u2019s gone viral = Someone sent a tweet about this   60. I know you\u2019ve been burning the candle on both ends = Get ready to do some more"}
{"_id": "69974", "title": "", "text": "Yeah, but based on his age I would guess he started really loading up on coins and gold stocks in the latter 1970s, as many goldbugs did. Those bets would have lagged inflation since, underperforming nearly any other investment."}
{"_id": "69987", "title": "", "text": "I'm not exactly sure who's confusing worker/workplace rights with union membership. Safety standards are written into law but there is little else about working conditions that is law in this country (a lot less than most people think, anyways).   &gt; I think my primary counterargument is why should a union be a requirement of a living wage and healthcare?  It certainly shouldn't be. If the employer is good, then there is no need for a union.  &gt; If I work for a small business where unionizing would be MUCH more difficult should I not also have those things?  I don't know if unionizing would be more difficult. In some ways it could be easier. If it's a small business problems can generally be resolved by talking to the owner.   I think you're missing something though: Being in a union doesn't guarantee you anything. The law says that employers must sit down at a table and negotiate a contract with the union's members, but they don't have to agree to anything.  Some unions like for freelance/contract/commission workers offer benefit packages to its members, but that's only because they don't have a consistent employer to bargain benefits with."}
{"_id": "69995", "title": "", "text": "Some lenders want to discourage the borrower from making these additional payments because they want to sell this as a service. They might set this up for you, or they have a contract with a 3rd party to set it up. These services generally charge you to initiate the process, and may have a recurring fee. They take 1/2 a payment every 2 weeks. Then forward the money on the first of the month to the lender. Once a year they will send in the 13th monthly payment. This gives them control of up to a months payment per account.  There is no law that says they have to accept early payments. So check the documents to make sure it is allowed for that mortgage. Then send in a test payment directing that the excess funds go to pay down principal. Verify online that the extra funds were credited correctly. Even it works once the borrower will have to keep checking to make sure it is handled correctly each month."}
{"_id": "70009", "title": "", "text": "Ignorance - people might not pay attention to the value, or forgot that they had them. Fees - the gain could be too small and eaten away by fees, so it's cheaper to abandon them. Knowledge - people might not understand that they miss a chance to cash in Formal errors - when the execution is incorrectly filed and fails therefore, and the time is already run out when they realize."}
{"_id": "70029", "title": "", "text": "This is almost exactally what the BK attorneys I work with have always said.  If you have trouble offer a larger down payment. . . . that is the point of the down payment after all.  You do sometimes have better luck with renting from individual people rather than larger corporately owned rentals.    There are options out there."}
{"_id": "70064", "title": "", "text": "Fort Lauderdale seems to have dozens of bike shops.  more and more every year.  they're not competing on price.  niches galore.  even the motorized bike shops are multiplying.  it's not price in this area for sure (or you can go to Target if that's all you want is price)"}
{"_id": "70068", "title": "", "text": "The state of the art events requires audio visual equipment to present the lectures, presentations, concerts, launches etc. in a more convincing manner. It is a worthy tool to build relationships with the audience and keep them engaged in the event until the end. An impactful presentation is what keeps the link strong and lasting."}
{"_id": "70072", "title": "", "text": "\"Yes, the \"\"based on\"\" claim appears to be true \u2013 but the Nobel laureate did not personally design that specific investment portfolio ;-) It looks like the Gone Fishin' Portfolio is made up of a selection of low-fee stock and bond index funds, diversified by geography and market-capitalization, and regularly rebalanced.  Excerpt from another article, dated 2003: The Gone Fishin\u2019 Portfolio  [circa 2003] Vanguard Total Stock Market Index (VTSMX) \u2013 15%   Vanguard Small-Cap Index (NAESX) \u2013 15%   Vanguard European Stock Index (VEURX) \u2013 10%   Vanguard Pacific Stock Index (VPACX) \u2013 10%   Vanguard Emerging Markets Index (VEIEX) \u2013 10%   Vanguard Short-term Bond Index (VFSTX) \u2013 10%   Vanguard High-Yield Corporates Fund (VWEHX) \u2013 10%   Vanguard Inflation-Protected Securities Fund (VIPSX) \u2013 10%   Vanguard REIT Index (VGSIX) \u2013 5%   Vanguard Precious Metals Fund (VGPMX) \u2013 5%   That does appear to me to be an example of a portfolio based on Modern Portfolio Theory (MPT), \"\"which tries to maximize portfolio expected return for a given amount of portfolio risk\"\" (per Wikipedia).  MPT was introduced by Harry Markowitz, who did go on to share the 1990 Nobel Memorial Prize in Economic Sciences.  (Note: That is the economics equivalent of the original Nobel Prize.) You'll find more information at NobelPrize.org - The Prize in Economics 1990 - Press Release. Finally, for what it's worth, it isn't rocket science to build a similar portfolio.  While I don't want to knock the Gone Fishin' Portfolio (I like most of its parts), there are many similar portfolios out there based on the same concepts.  For instance, I'm reminded of a similar (though simpler) portfolio called the Couch Potato Portfolio, made popular by MoneySense magazine up here in Canada. p.s. This other question about asset allocation is related and informative.\""}
{"_id": "70075", "title": "", "text": "Get real and honest reviews BEFORE you purchase Coffee Shop Millionaire. This is a blog that reviews the product Coffee Shop Millionaire, and to give the turth and insights that you'd like to know. It also teaches you the truth of Internet Marketing, which is the niche of this product, and to ensure you do not fall into its vicious cycle, so that you can finally make money online."}
{"_id": "70078", "title": "", "text": "&gt;Capitalism doesn't allocate capital to build cities for which there are no residents.   So you haven't seen pictures of the suburbs of Las Vegas?  &gt;It doesn't pick winners by deciding who is best at bribing government officials.   So you've never heard of Haliburton or crony capitalism."}
{"_id": "70096", "title": "", "text": "First and foremost you need to be aware of what you are comparing. In this case, HSBC as traded on the NYSE exchange is not common shares, but an ADR (American Depository Receipt) with a 5:1 ratio from the actual shares. So for most intents and purposes owning one ADR is like owning five common shares. But for special events like dividends, there may be other considerations, such as the depository bank (the institution that created the ADR) may take a percentage. Further, given that some people, accounts or institutions may be required to invest in a given country or not, there may be some permanent price dislocation between the shares and the ADR, which can further lead to discrepancies which are then highlighted by the seeming difference in dividends."}
{"_id": "70099", "title": "", "text": "Follow your own logic. Millennials have less capital, so they have to borrow more for any given house. Sure you can expect some amount of reduction in prices, but it will not make up for the lost cash of losing the deduction. If you buy a $200k house ((100% financing @4% just to keep it easy). Say the price drops 10% to $180. That saves you $800/yr. Say 25% tax rate. @ 200k your deduction is $2000. I don't think prices will drop 10%,but you need 25% for this to be better for millennials."}
{"_id": "70109", "title": "", "text": "\"Without divulging too many specifics.  Net income is 73k.  Total income is 136k.  Filed as an S-Corp.  Using Quickbooks to classify expenses etc.  I know its not much information but I don't know what to look out for, like \"\"whoa, net income is 73k, you gotta spend that!\"\"  I have a CPA but isn't offering much in the terms of \"\"help\"\" and \"\"explanation\"\".  Thanks for your time!\""}
{"_id": "70127", "title": "", "text": "I just started in ER a month ago - I think part of it is being in the right place at the right time because the industry is smaller than IB (less positions, less openings).   I came from an accounting background and during the interview process I really sold how much I enjoyed investing personally (knew the fundamentals, had decent stock picks/pitches), which happened to be what the hiring managers were looking for.  Hope this helps and happy to answer any other questions you might have!"}
{"_id": "70147", "title": "", "text": "Find incredible\u00a0wall murals\u00a0with\u00a0textures\u00a0like brick, stone, metals, and more at Stephane Chiavarini\u2019s studio. Spruce Up your home with stylish wall murals. Chiavarini\u2019s studio is an ultimate destination to decorate your walls. He has developed an extraordinary range of Gold Wall Mural treatments with handmade coating."}
{"_id": "70148", "title": "", "text": "Don't forget Morgan Stanley also walked away after a $1bn investment during construction so this will technically be the third set of investors.  This casino should have never been finished.  They weren't in touch with what people who actually go to AC wanted and it just made things worse."}
{"_id": "70152", "title": "", "text": "You either believe that the dollars matter or they don't. I fly really a lot and while I have once or twice flown first class just to see it or because I got a free upgrade, I don't see that it's good value for the dollar.  But also, your questions presuppose that if there isn't a supervening reason, the default should be to give them a benefit ordinary people don't enjoy. I don't buy that. None of your long questions tell me why the value-per-dollar of a biz/1st ticket is something the public should be paying for when it is routine to tell poor kids they can't have food subsidies or early education etc. because there is not enough money.  It matters up and down the hierarchy to remember that money matters, but some government employees are scrutinized about being a few minutes late or using a small office item for personal use, while others are not scrutinized for thinking getting enough leg room is worth hundreds of dollars. This matters in terms of setting a tone."}
{"_id": "70155", "title": "", "text": "Evostfitness being one of the best and trusted Name of Fitness Strength equipment and Best Home Gym Equipment.The back extension E-1031 exercise is a maneuver utilized to work the erector spinae and other smaller stabilizing muscles of the back. Strengthening these muscles is important for a variety of reasons.Before learning any new exercise, it is important to understand why the exercise is important, as well as what muscle groups are targeted by the exercise. In the case of the back extension, the primary muscles targeted are those in the lower back. Fortifying these muscles is vital in light of the fact that it gives a lot of adjustment to this piece of the body.  For any Queries kindly contact us at:-www.evostfitness.com Our E-Mail Address:-support@evostfitness.com"}
{"_id": "70156", "title": "", "text": "Banks use quite a few parameters to arrive at the decision for card approval. The credit score is just one input. There are multiple other inputs it would source, for example total years in job, the number of years in current job, income streams, etc ... the exact formula is a trade secret and varies from Bank to Bank"}
{"_id": "70166", "title": "", "text": "I got my passport by mail. There was a procedure and well written rules to follow. It was completed in the time expected and the cost was known.  I also have dead friend who died just before Obamacare because he found that the insurance he had paid for as a small business owner didn't actually cover cancer treatment. So he went without.   I have two dead brothers who might very well be alive had they had their problems post-obamacare.   My favorite professor had a kid who needed a transplant. The procedure was delayed for more than a year while the insurance company hoped he would die before they had to pay out for the transplant.   In single payer countries, immunizations for children are as simple and cheap as having a quick eye exam or school picture. In our system every parent must make an appointment weeks in advance, take their kid out of school, drive to an office, wait an hour or so, get the shot and deliver the kid back to school. Repeat that by 25 to 30 for every single classroom across the country. Then the parent waits weeks and either the shot was covered or a bill arrives for as much as a couple hundred per shot. This is inefficient to the point or absurdity, but it keeps that profit margin high for stockholders.   I'll take the government agency over a for-profit entity beholding to shareholders over me ANY day. We pay something like 3000 times more money that someone in France. We have no one at our back or standing with us. I want my government in the game and not looking on passively as though the health of the people mean nothing at all."}
{"_id": "70179", "title": "", "text": "&gt; this isn't really a women vs men topic  http://www.newhope.com/retail-and-distribution/women-dominate-direct-selling-men-could-be-catching :  &gt; To this day, the industry remains largely a woman\u2019s world, with men making up less than a quarter of the 20 million people involved in the United States, according to the Direct Selling Association."}
{"_id": "70181", "title": "", "text": "&gt; After all, driving hands free is much riskier than driving with two hands on the wheel.  Whoever wrote this doesn't have a clue. Autonomous vehicles are a threat for insurance companies because they are *safer*, not *riskier*. For example, see [here](https://it.businessinsider.com/driverless-cars-could-negatively-affect-insurance-industry-2017-2/?r=US&amp;IR=T)"}
{"_id": "70185", "title": "", "text": "I found a possible data source. It offers fundamentals i.e. the accounting ratios you listed (P/E, dividend yield, price/book) for international stock indexes. International equity indices based on EAFE definitions are  maintained by Professor French of French-Fama fame, at Dartmouth's Tuck Business School website. Specifics of methodology, and countries covered is available here. MSCI is the data source. Historical time interval for most countries is from 1975 onward. (Singapore was one of the countries included). Obtaining historical ratios for international stock indices is not easily found for free. Your question didn't specify free though. If that is not a constraint, you may wish to check the MSCI Barra international stock indices also."}
{"_id": "70194", "title": "", "text": "Now, if I'm not mistaken, tracking a value-weighted index is extremely easy - just buy the shares in the exact amount they are in the index and wait. Yes in theory. In practise this is difficult. Most funds that track S&P do it on sample basis. This is to maintain the fund size. Although I don't have / know the exact number ... if one wants to replicate the 500 stocks in the same %, one would need close to billion in fund size. As funds are not this large, there are various strategies adopted, including sampling of companies [i.e. don't buy all]; select a set of companies that mimic the S&P behaviour, etc. All these strategies result in tracking errors. There are algorithms to reduce this. The only time you would need to rebalance your holdings is when there is a change in the index, i.e. a company is dropped and a new one is added, right? So essentially rebalance is done to; If so, why do passive ETFs require frequent rebalancing and generally lose to their benchmark index? lets take an Index with just 3 companies, with below price. The total Market cap is 1000  The Minimum required to mimic this index is 200 or Multiples of 200. If so you are fine.    More Often, funds can't be this large. For example approx 100 funds track the S&P Index. Together they hold around 8-10% of Market Cap. Few large funds like Vangaurd, etc may hold around 2%. But most of the 100+ S&P funds hold something in 0.1 to 0.5 range. So lets say a fund only has 100. To maintain same proportion it has to buy shares in fraction. But it can only buy shares in whole numbers. This would then force the fund manager to allocate out of proportion, some may remain cash, etc. As you can see below illustrative, there is a tracking error. The fund is not truly able to mimic the index.  Now lets say after 1st April, the share price moved, now this would mean more tracking error if no action is taken [block 2] ... and less tracking error if one share of company B is sold and one share of company C is purchased.  Again the above is a very simplified view. Tracking error computation is involved mathematics.  Now that we have the basic concepts, more often funds tracking S&P; Thus they need to rebalance."}
{"_id": "70202", "title": "", "text": "Unions have their place but they can pretty easily get out of control and really prevent a company from succeeding.  There are tons of stories where unions have created ridiculous scenarios such as public school teachers being paid their full salary for years to go sit in an empty office building and read the news paper because they can't be fired.  http://www.nytimes.com/2010/04/16/nyregion/16rubber.html"}
{"_id": "70209", "title": "", "text": "No.  What's the point in that?  All it does is create government overhead to administer the payments.  Just pay your own way in the first place.    Oh, wait!  I see, when you say it's my turn now and your turn later, later never comes.  Nevermind.  I get it."}
{"_id": "70220", "title": "", "text": "This article was garbage.  I don't disagree with the overall premise that kids from elite colleges may not be better candidates for a job, but the article's delivery and proof was shit.  My argument would be that not all kids are equally mature in high school to the point where they can accumulate the resume necessary to get into a Harvard or Yale.  But in general, if you hire from Harvard or Yale, you know your getting someone of likely high intelligence and good work ethic.  The difficulty of getting into Harvard, excludes most deadbeats.  The deadbeats who do get in, have connections that would be beneficial to your company.  So, yeah, all else equal, I'm hiring the Harvard kid over the UMass kid.  But I wouldn't exclude a UMass kid because they went to UMass."}
{"_id": "70226", "title": "", "text": "Iran already could have legally used WMDs in self-defense against US-backed chemical warfare by Saddam during the Iran-Iraq war, but refused to do so on moral grounds. So when they say they oppose WMDs they have already proven it with100,000 casualties from chemical weapons  use"}
{"_id": "70230", "title": "", "text": "Audating Sites is the greatest online dating website for men and women in the Australia. There are the numerous number of members you will find on another dating website. If you want to casual sex with Aussie, then we are the best platform for you. You can visit our website and get the more contact of single men or women that want to meet each other. Always we hide your personal information."}
{"_id": "70231", "title": "", "text": "\"I decline politely.   The cost of the insurance policy has two components: The actual cost of a likely repair + profit. If I set aside the cost of a likely repair myself, then I get to keep the profit.   If the item doesn't break, I get to keep the \"\"repair\"\" money too :)\""}
{"_id": "70232", "title": "", "text": "That\u2019s a race to the bottom though. There will always be someone willing to work for less than minimum wage, or doing unsafe work without proper protection, or work unpaid overtime in an hourly position, etc.   The worker protections aren\u2019t just paternalistic. They are also about self-interest. The more companies that profit off of poor working conditions, the worse it is for all the rest of us."}
{"_id": "70243", "title": "", "text": "\"You can't get started investing. There are preliminary steps that must be taken prior to beginning to invest: Only once these things are complete can you think about investing.  Doing so before hand will only likely lose money in the long run.  Figure these steps will take about 2.5 years.  So you are 2.5 years from investing. Read now:  The Total Money Makeover.  It is full of inspiring stories of people that were able to turn things around financially.  This is good because it is easy to get discouraged and believe all kind of toxic beliefs about money:  The little guy can't get ahead, I always will have a car payment, Its too late, etc...  They are all false.  Part of the book's resources are budgeting forms and hints on budgeting. Read later:  John Bogle on Investing and Bogle on Mutual Funds One additional Item:  About you calling yourself a \"\"dummy\"\".  Building personal wealth is less about knowledge and more about behavior.  The reason you don't have a positive net worth is because of how you behaved, not knowledge.  Even sticking a small amount in a savings account each paycheck and not spending it would have allowed you to have a positive net worth at this point in your life. Only by changing behavior can you start to build wealth, investing is only a small component.\""}
{"_id": "70258", "title": "", "text": "I suppose it could've happened the other way around- if the major media company was already interested in Broadcast Software, but BS (*nice*) had ignored Bob or treated him poorly he would've stood up- told a different story- and lost them this deal.    Though yeah, the title is poorly phrased(edit: thanks dgillz)."}
{"_id": "70281", "title": "", "text": "Other than offering support for indexing minimum wage levels, the article didn't call for more regulation to fix the labor market.  The author claims that the experiences of the last recession have resulted in psychological barriers in the minds of both employers and workers.  It is an interesting claim, and so is the article."}
{"_id": "70290", "title": "", "text": "Benefits: Costs: However, beginning in early 2011 you   will no longer be able to pay for OTC   (over the counter) medications with   HSA dollars Notes:"}
{"_id": "70297", "title": "", "text": "\"&gt;The Port Authority receives no tax money and funds itself through tolls, rents, surcharges on airline tickets and other fees.  It collects taxes, but they are not called \"\"taxes.\"\"  What the fuck do you think a surcharge is?  How about alcohol tax?  Why not just call it alcohol surcharge?  Same shit, different wrapper.  Point again -- if we call the person a cop, then we talk about a public servant.  If it's a private employee, it's called a guard, a security specialist or any number of terms.\""}
{"_id": "70305", "title": "", "text": "Obviously, there are many approaches. I\u2019ll describe what we do and why we think it is successful. I have seen many couples having disagreements and even divorce over money; it seems that this is a typical reason to fight and sometimes fight badly. The realization is that different people have different preferences what to spend their money on, and if you are not rich, it continuously leads to disagreements - \u2018did you really need another pair of shoes?\u2019, etc. Our solution is a weekly allowance. First, all our money goes into one pot and is considered equal. Many couples find that a difficult step, but I never thought twice about it - I trust my spouse, and I share my life with her, so why not my money? From this, we agree on an \u2018allowance\u2019 that is used to cover any non-common cost; this includes all clothing, dining out, buying things, etc. The amount was chosen to match about what we spent for those things anyway, and then adjusted annually. The main point is that there is no critique allowed about what this is spent on - you can blow it all on shoes, or buy books, or wine and dine, or gamble it away, whatever. We are doing this since 23 years now, and we are very happy with the results; we never have financial \u2018fights\u2019 anymore. Disadvantages are the effort - you need to keep track of it somehow. Either you use a separate credit card, or hand it out in cash, or have a complete accounting (I do the latter, because I want to). Regarding all other spend, we use the accounting to plan ahead for at least a year on all cost and income that are expected, and that shows us the available cash flow and where it might get tight. It also shows you where the money goes, and where you could cut if cutting is needed (or wanted). Again, there is some effort in collecting the data, but it is worth it (for us)."}
{"_id": "70315", "title": "", "text": "Despite the ACA offering generous deductions, a lot of small businesses still cannot afford the initial capital involved in offering health insurance plan to their employees... Therefore we cannot take advantage of these deductions...  Putting us at a disadvantage for finding low-to-mid skilled workers, to the larger corporations that are now mandated to offer the benefits.."}
{"_id": "70316", "title": "", "text": "\"After reading this, the only thoufht i had was \"\"ha\"\".   Heading back to feudalism because corporations want to sell the \"\"peasants\"\" items? I would love to know how the author believes is a more reasonable way to target audiences in the modern day.\""}
{"_id": "70318", "title": "", "text": "&gt;There are always companies involved between big farms and grocery stores  This is inaccurate and reeks of an assumption that you made rather than knowledge you have.  I can think of quite a few circumstances, off the top of my head, where farms of all sizes have sold to grocery stores, again of *all* sizes - directly."}
{"_id": "70353", "title": "", "text": "Summerfield abounds with everyday convenience and vibrant people \u2013 bright and full of personality. Assisted living Utah is a good housing option if you are usually able to manage your own care but need occasional help. Summerfield Assisted Living Utah offers the best of both worlds (independent living and nursing homes) for seniors. Visit here for more details: http://www.journalhome.com/SeniorLivingRetirementUtah/2024643/ideal-utah-retirement-community.html"}
{"_id": "70357", "title": "", "text": "Biweekly pay for salaried employees is typically calculated as Annual-salary / 26. Twice a month pay for salaried employees is typically calculated as Annual-salary / 24. If you were getting paid twice a month and now are getting paid every other week, your paycheck will be roughly ( Twice-a-month-paycheck-amount * 24 / 26 ).  If you were paid $1000 twice a month, you'll be paid $923 every other week.   $1000 * 24 = $24K and $923 * 26 = $24K.   You will get paid every other week regardless of month boundaries on a biweekly pay cycle."}
{"_id": "70378", "title": "", "text": "cars protection plus Since 1998, CARS Protection Plushas sold more than 1,500,000 service contracts to motorists across the country. CARS Protection Plus maintains an A+ rating from the Better Business Bureau because of its dedication to providing the best protection plans. Unlike most other automotive protection plan providers, CARS Protection Plus has an acceptance level of 200,000 miles for most vehicles. Its customer service team is always responsive to questions, and the claims process can often be completed in one day."}
{"_id": "70379", "title": "", "text": "eSalesData has the know-how and resources to help you market your products to every single recreational industry executive in the world. From Asia to Europe to North America, if you intend blazon your message across the desks of recreational industry bigwigs, our mailing lists will make your job infinitely easier. We\u2019ll segment your lists to accurately isolate the perfect target audience for your product and marketing strategy."}
{"_id": "70384", "title": "", "text": "Contractors earn less. Especially the people that are hired under them. They usually have no education, and base pay; long hours and hard work."}
{"_id": "70386", "title": "", "text": "Read his press release. It's bullshit 90% of time. Musk trying to push meme that solar roof are cheaper than regular shingle when in fact it's 10 times more expensive.   Model 3 is selling for $35,000 base is a joke. It needs $5000 autopilot upgrade, $1500 paint upgrade to be competitive.  Model 3 begin production this week yet strangely all cars are sold to Tesla employees for testing.  Telsa can't even solve it [ridiculous parking problem](http://www.dailymail.co.uk/news/article-4403480/Tesla-parking-nightmare-employees-California.html). I don't have faith in the manufacturing quality of their products."}
{"_id": "70389", "title": "", "text": "Is it safe to invest in a portfolio of dividend stocks yielding 7-9% with the money borrowed at 3-4% from one of these brokerages? Yes and no. It depends on your risk profile! Any investment has its risks of losing your capital, but not investing is a guaranteed risk, as you will be guaranteed to fall behind the rate of inflation. Regarding investing on margin, this can increase your gains but can also increase your loses. Regarding the stock market - when investing in stocks you should not only look at the dividend rate but also the capital gain or loss potential. Remember in regards to investing on margin, if the share price drop too much you can get a margin call no matter how much dividend you are getting. It is no use gaining 9% in dividend yield per year if you are losing 15% or more in capital each year. Also, what is the risk of the dividend rate being cut back or dividends not being paid at all in the future? These are some of the risks you should consider before investing and derive a risk management plan as part of your investment plan before you invest. No investment is totally safe or risk free, but it is less risky than not investing at all, as long as you understand the risks involved and have a risk management plan in place as part of your overall investment plan."}
{"_id": "70421", "title": "", "text": "The value of the asset doesn't change just because of the exchange rate change. If a thing (valued in USD) costs USD $1 and USD $1 = CAN $1 (so the thing is also valued CAN $1) today and tomorrow CAN $1 worth USD $0.5 - the thing will continue being worth USD $1. If the thing is valued in CAN $, after the exchange rate change, the thing will be worth USD $2, but will still be valued CAN $1. What you're talking about is price quotes, not value. Price quotes will very quickly reach the value, since any deviation will be used by the traders to make profits on arbitrage. And algo-traders will make it happen much quicker than you can even notice the arbitrage existence."}
{"_id": "70443", "title": "", "text": "Intuitive? I doubt it. Derivatives are not the simplest thing to understand.  The price is either in the money or it isn't. (by the way, exactly 'at the money' is not 'in the money.') An option that's not in the money has time value only. As the price rises, and the option is more and more in the money, the time value drops. We have a $40 stock. It makes sense to me that a $40 strike price is all just a bet the stock will rise, there's no intrinsic value. The option prices at about $4.00 for one year out, with 25% volatility. But the strike of $30 is at $10.68, with $10 in the money and only .68 in time premium. There's a great calculator on line to tinker with.  Volatility is a key component of options trading. Think about it. If a stock rises 5%/yr but rarely goes up any more or less, just steady up, why would you even buy an option that was even 10% out of the money? The only way I can describe this is to look at a bell curve and how there's a 1/6 chance the event will be above one standard deviation. If that standard deviation is small, the chance of hitting the higher strikes is also small.  I wrote an article Betting on Apple at 9 to 2 in which I describe how a pair of option trades was set up so that a 35% rise in Apple stock would return 354% and Apple had two years to reach its target. I offer this as an example of options trading not being theory, but something that many are engaged in. What I found curious about the trade was that Apple's volatility was high enough that a 35% move didn't seem like the 4.5 to 1 risk the market said it was. As of today, Apple needs to rise 13% in the next 10 months for the trade to pay off. (Disclosure - the long time to expiration was both good and bad, two years to recover 35% seemed reasonable, but 2 years could bring anything in the macro sense. Another recession, some worldwide event that would impact Apple's market, etc. The average investor will not have the patience for these long term option trades.)"}
{"_id": "70444", "title": "", "text": "Here is what I would do (my wife has done this and it worked great). Pay off one card. Pay down the other card then find a new card that offers a 0% period on balance transfers. They generally have between a 1%-5% fee with 3% being pretty typical. You will get probably 18-24 months of no interest. At the end of that period, provided it isn't paid off, just open another card and do another balance transfer. After you are done paying everything off get a card that offers cash back bonus and pay for everything using that card, pay the card off at the end of the month."}
{"_id": "70446", "title": "", "text": "&gt;triple full time class load  You had me up until this bullshit. Is that like double secret probabtion? Any credible university simply will not allow you to take more than one extra course.  Also, references help, but they don't get noticed until the interview stage. GPA is also pretty meaningless unless you're in a technical field.  I say this as a guy who got lucky and unlucky. In my mind, merit really only comes into play in the interview stage. Getting the interview is either through luck or nepotism."}
{"_id": "70451", "title": "", "text": "Sounds like you have a goldbug whispering in your ear. The Coinage Act doesn't restrict you from using foreign currency or lawful commodity or service to fulfill a debt. You are free to do that whenever you enter into an explicit or implicit contract with another party. If that wasn't the case, your kid trading his bag of chips for a bag of cookies at lunch would be a criminal act.  It does mean that you ultimately must accept US currency to settle a debt. Following the previous example, if your kid gives his friend the bag of chips, but the cookies get destroyed somehow before being transferred, the friend can offer a couple of dollars to complete the transaction. The whole point of the Coinage Acts is to set a level playing field. If you don't pick one dominant store of value, you have a situation where it is impossible to evaluate the cost of goods and services. It has nothing to do with some competition with foreign currency. A robust, modern economy requires an adequate supply of capital and a common reference point for value within the economy. Think about it further with respect to Article 1, Section 10 of the Constitution. Would you want a fiscally profligate state like California or New York to be able to print money and compel you as a contractor, employee or creditor to accept their scrip as payment? (Or worse, require payment in Gold or Vermont-issued dollars, but pay you in their money.) Of course not. That's why the Federal government controls the currency, and a dollar in Alaska is the same as a dollar in Georgia."}
{"_id": "70452", "title": "", "text": "\"You probably don't need S-Corp. There's no difference between what you can deduct on your Schedule C and what you can deduct on 1120S, it will just cost you more money. Since you're gambling yourself, you don't need to worry about liability - but if you do, you should probably go LLC route, much cheaper and simpler. The \"\"reasonable salary\"\" trick to avoid FICA won't work. Don't even try. Schedule C for professional gamblers is a very accepted thing, nothing extraordinary about it.\""}
{"_id": "70456", "title": "", "text": "\"The transfer is easy. Usually you just sign over the title to the new owner, and you're set.  Blue book price is a fantasy designed to get you in a car dealership to trade in your car. You won't get \"\"blue book\"\" pricing. I would use NADA \"\"Yellow Book\"\" or Edmunds TMV pricing as a guide. A dealer won't pay you a good price, but will take the car off your hands quickly. Selling a car privately can be a real pain if you don't have the personality for it. You'll get more money and more hassle. Figure out where people do private party sales in your area. In my area, there's an autotrader magazine that dominates the market. Craigslist is going to attract the types of people who frequent craiglist, which is not always a good thing.\""}
{"_id": "70460", "title": "", "text": "Buy term and invest the rest is in fact the easiest plan.  Just buy the term insurance based on your current and expected needs. Review those needs every few years, or after a life event (marriage, divorce, kids, buying a house...) For the invest the rest part: invest in your 401K, IRA or the equivalent. There are index funds, or age based funds that can help the inexperienced. Those index funds have low costs; the age based funds change as you get older.  The biggest issue with the whole life type products is that what your care about for the term insurance doesn't mean that the company  has a good investment program. You also want to have the ability to decide to change insurance companies or investment companies without impacting the other."}
{"_id": "70488", "title": "", "text": "If the fee is paid directly from the account, then unfortunately no, you can not deduct it. It's probably too late now, but in the future you can ask the financial institution if they will allow you to write them a separate check to cover the fees. If they allow that then you can preserve your tax free account balance, and potentially deduct the fees too. More details here. Update: as discussed in the comments below, a strict interpretation of the IRS description of deductible investment expenses may not include expenses for a Roth IRA, even if they are paid outside of the account. However, there seems to be conflicting interpretations of this IRS rule, so I would advise speaking to an accountant or the IRS directly for clarification. But even if you determine you cannot deduct the fees, paying for them outside of the Roth is still a good idea because it enables you to maintain a higher balance in your tax advantaged account."}
{"_id": "70490", "title": "", "text": "It is difficult to value a private company. Most of the valuations is based on how one feels the idea would translate into revenue in some future time. The VC firms take into account various factors to determine the price, but more often then not, its their hunch. Even VC don't make money on all picks, very few picks turn out to be stars, most picks lose money they have invested. Few picks just return their money. So if you feel that the idea/product/brand/people are great and would someday make good money, invest into it. Else stay away."}
{"_id": "70493", "title": "", "text": "To Whom It May Concern,  FUSE_33 is hereby free to discuss his future employment with whichever company(s) he/she so chooses.  CURRENT EMPLOYER makes no claim to the exclusivity of FUSE_33's employment with CURRENT EMPLOYER.  Further, CURRENT EMPLOYER hereby releases and holds harmless any entity which wishes to discuss hiring FUSE_33 for any position they see fit.      SIGNATURE &amp; DATE   PRINTED NAME   TITLE - CURRENT EMPLOYER      == Just tell your current boss that you've had a couple of places ask for a release letter so that they don't get accused and/or sued for head-hunting.  He doesn't need to know you're going to work for the school."}
{"_id": "70508", "title": "", "text": "**Tulip mania**  Tulip mania, tulipmania, or tulipomania (Dutch names include: tulpenmanie, tulpomanie, tulpenwoede, tulpengekte and bollengekte) was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced tulip reached extraordinarily high levels and then dramatically collapsed in February 1637. It is generally considered the first recorded speculative bubble (or economic bubble), although some researchers have noted that the Kipper- und Wipperzeit (literally Tipper and See-saw) episode in 1619\u20131622, a Europe-wide chain of debasement of the metal content of coins to fund warfare, featured mania-like similarities to a bubble. In many ways, the tulip mania was more of a hitherto unknown socio-economic phenomenon than a significant economic crisis (or financial crisis). And historically, it had no critical influence on the prosperity of the Dutch Republic, the world's leading economic and financial power in the 17th century.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "70512", "title": "", "text": "This is only a rule of thumb. Peter Lynch popularized it; the ratio PE/growth is often called the Lynch Ratio. At best it's a very rough guideline. I could fill up this page with other caveats. I'm not saying that it's wrong, only that it's grossly incomplete. For a 10 second eyeball valuation of growth stocks, it's fine. But that's the extent of its usefulness."}
{"_id": "70515", "title": "", "text": "That there are more jobs today isn't a convincing argument. There are more people to feed, more services to provide etc. I worry that large scale automation, particularly in industries with high employment numbers could be disruptive to the economy in general. As new technologies emerge and demand continues to pace population growth, additional workers will always be needed. The question is, what happens when the majority of those jobs are taken by robots, not people."}
{"_id": "70526", "title": "", "text": "\"It's a fair complaint to have. People have grown accustomed to road trips needing only 5-10 minutes to refuel and continue on. That's currently a problem in the EV market, and one that lots of manufacturers are working hard to try and fix.   Porsche just unveiled their 800 volt, 350kW charger that's 2-3 times faster charging (on paper) than the Tesla Superchargers (which operate at 480 volts, max 120kW). For example, a 75kWh battery on a Tesla can \"\"supercharge\"\" from 0 to 75kWh \"\"full charge\"\" in 37 minutes (although the battery should never be fully depleted). With Porsche's supercharger, a 75kWh battery could charge ~13 minutes. Tesla is expecting to upgrade their supercharger technology to match or exceed Porsche soon.  However, the addressable component to \"\"range anxiety\"\" in EV's is recharging, and as more companies are focusing on the EV market, addressing that problem will become first priority. Further, the batteries being used will increase in density and capability (therefore, increased range), so charging a battery will become even more important. The goal is that, in the future, you can have a 500+ mile battery and still charge it in &lt;10 minutes. If a 500+ miles battery, or a 150kWh battery pack, had access to 350kW chargers, the charge time would be ~25 minutes.\""}
{"_id": "70530", "title": "", "text": "Sovereign Inn Redleaf resort a perfect blue mountain hotel to explore the beautiful outdoor sights and relax. It will give you a great treat of the local area and easy access to the things that you want to do here. Contact at: 02-6452-1366."}
{"_id": "70540", "title": "", "text": "It depends on how you place your stop order and the type of stop orders available from your broker. If you place a stop market order and the following day the stock opens below your stop your stock will be stopped out at or around the opening price, meaning you can potentially end up with quite a large gap. If you place a stop limit order, say you place your stop at $10.00 with a limit price of $9.90, and if the price opens below $9.90, say at $9.50, your limit sell order of $9.90 will be placed onto the market but it will not be executed until the price goes back up to $9.90 or above. The third option is to place a Guaranteed Stop Loss, and as specified you are guaranteed your stop price even if the price gaps down below your stop price. You will be paying an extra fee for the Guaranteed Stop Loss Order, and they are usually mainly available with CFD Brokers (so if you are in the USA you might be out of luck)."}
{"_id": "70542", "title": "", "text": "According to Paypal, they support transactions in Ethiopia:  https://www.paypal.com/webapps/mpp/country-worldwide https://developer.paypal.com/docs/classic/api/country_codes/ However those appear to be limited to transferring money out of the country.  (link) There is an article here (link) which talks about how to transfer money from paypal back to your bank in Ethiopia.  It sounds like you have to set up a US bank account, withdraw the funds to that then somehow transfer the money from their to your bank.   NOTE: I have no relationship to any of the sites above, nor do I know if the information is accurate or the trustworthiness of those businesses."}
{"_id": "70556", "title": "", "text": "\"You are at the point that many millions of people are at (and where I used to be) - you have no idea where your money is going. You just spend, spend, spend until there's nothing left, and/or you borrow more to keep going.  There are general rules of thumb on how much house and car you can afford, but there is a great deal of personal variation. Housing and utility costs vary greatly from location to location. City-dwellers can use public transit instead of buying and maintaining a car. How much other debt do you have that you need to pay off? Do you have expenses that are not common (e.g. medical bills)? A more personal approach would be to figure out your own budget. The first step is creating a written budget. Figure out how much you can spend in total (i.e. your take-home pay) and the start allocating that money to expenses until you run out. I started by looking backwards.  Look back at how much you spent on each category each month. List them in order of priority (e.g. food, health, housing, utilities, transportation, entertainment, everything else). If the money runs out you either stop spending or reduce spending in another category (e.g. can you cook a few extra meals at home instead of going out? Can you take lunch to work instead of a drive-through?) The amount you have left over now indicates how much more house and car you can afford. Once you get to a point where you can budget comfortably then you can start looking at saving for retirement and other long-term goals. This worked for me (and highlighted some areas where I overspent) because I had good categorized records (ironically because I used credit cards incessantly, which I mostly stopped once I created a budget). If you don't have good records, then you have to estimate.  How much do you think you spend on food, gas, etc. each month?  Then set aside that much and once it's gone don't spend anymore.  Now obviously you're not going to stop eating, but the idea is to plan ahead and realize \"\"I have only $20 left to spend on food this month - maybe I shouldn't go to the movies\"\". It takes lots of practice, and you won't get it right very often. If you have enough left over, you can set aside some as a \"\"cushion\"\" in case you do go over your budget, but if you want true financial discipline you should start by reducing other categories first. This is not easy by any means. It will take moths of practice and trial-and-error to get to a point that you're comfortable with the lifestyle that you can afford.   So in the end, there are only two variables in your equation - income and outflow.  Do you want more house? Either spend less on other things or increase your income.\""}
{"_id": "70558", "title": "", "text": "This is all very basic and general advice, that works for most, but not all.  You are unique with your own special needs and desires.  Good luck! P.S.: not exactly related to your question, but when you get more familiar with investing and utilizing your money, find more ways to save more. For example, change phone plan, cut the cable, home made food in bulk, etc."}
{"_id": "70559", "title": "", "text": "For most people, a million dollars is about right. Here's the back of the napkin math that you should consider to find your own estimate: If you take 1 and divide it by 2, that's roughly the size of the nest egg you'll need to live indefinitely. For example, if your retirement investments are earning 5% a year, and you want to live on $50,000 a year, you would need a $1,000,000 nest egg (50,000 / 0.05) Note that you don't have to make any assumptions about how long you'll live. The whole idea of a nest egg is that you live off the interest it earns each year without ever dipping into the principle. It's the gift that keeps on giving! When you die, you can pass it along to children, charities, etc."}
{"_id": "70560", "title": "", "text": "I worked for a company who managed money for Braeburn. They are managed more like a foundation than a hedge fund. They invested in a fixed income separate account.   Yes, they definitely try to avoid taxes as the entity was domiciled in a Ireland and their offices were in Reno.   The goal of Braeburn is to maintain that huge amount of cash on the balance. avoiding taxes is an efficient way to do that."}
{"_id": "70568", "title": "", "text": "There is also some legal argument regarding the separation of state and federal governments, and their respective powers to tax each other's income.  I don't know the arcane details, but allowing one to tax the other would require upsetting a long legal history between the two."}
{"_id": "70575", "title": "", "text": "\"I don't think there is a recession proof investment.Every investment is bound to their ups and downs.  If you buy land, a change in law can change the whole situation it may become worthless, same applies for home as well.  Gold - dependent on world economy.  Stock - dependent on world economy Best way is to stay ever vigilant of world around you and keep shuffling from one investment to another balance out your portfolio.  \"\"The most valuable commodity I know of is information.\"\" - Wall Street -movie\""}
{"_id": "70605", "title": "", "text": "Great.  First foreign investors bought commercial real estate, and no one said a thing.  Then, they bought up residential real estate en mass; and we didn't flinch until it was too late.  And.............now they are buying farms????  Holy crap, the conspiracies are coming to fruition.  America is really being ripped apart from within.    Or, I could be wrong.    Anyhow, this all has one group of losers; the American people."}
{"_id": "70657", "title": "", "text": "The term 'interest' tends to be used loosely when discussing valuation of stocks.  Especially when referring to IRAs which are generally the purvey of common-folk who aren't in the finance industry.  Often it is used colloquially to include: Using this definition (which is what I'm guessing your IRA Calculator is doing), your stock would have increased in value by a total of $26 over the course of 10 months.  Still not terribly good (only a couple percent increase), but certainly not a couple cents."}
{"_id": "70666", "title": "", "text": "According to me, to start your networking Social networks are the huge platform. Billions of world population are present and active on social sites. Also, there is no limit of social platforms. You need to understand your business's audience and select platform accordingly.   Social Networks not only provide connections but also help you to find various events, programs running through out the world. To search for a job or provide your services, you can pick up LinkedIn, tweeter. Whereas, go for Facebook to highlight your activities and business. Not only these, but a number of forums are available for particular interests.  Half of the world likes to get full information in short words and save time. which is possible via social networks. For the beginning, you can use social sites to get the revert and interests. Then it will be easy to earn by having a physical place and audience for either job or services."}
{"_id": "70668", "title": "", "text": "\"I will answer the question from the back: who can NOT afford luxury cars? Those whose parents paid for their college education, cannot afford luxury cars, but buy them anyway. Why? I have what may seem a rather shocking proposition related to the point of not saving for kids' college: parents do NOT owe children a college education. Why should they? Did your parents fund your college? Or did you get it through a mix of Pell grants, loans, and work? If they did, then you owe them $ back for it, adjusted for inflation. If they did not, well then why do you feel your children deserve more than you deserved when you were a child? You do not owe your children a college education. They owe it to themselves. Gifts do not set one up for success, they set one up for dependence.   I will add one more hypothesis: financial discipline is best learned through one's own experiences. When an 18+ year old adult gets a very large amount of money as a gift every year for several years (in the form of paid tuition), does that teach them frugality and responsibility? My proposition is that those who get a free ride on their parents' backs are not well served in terms of becoming disciplined budgeters. They become the subjects of the question in this post: those why buy cars and houses they cannot afford, and pay for vacations with credit cards. We reap what we sow as a society.  Of course, college is only one case in point, but a very illustrative one. The bigger point is that financial discipline can only be developed when there are opportunities to develop it. Such opportunities arise under one important condition: financial independence.  What does buying children cars for their high-school graduation, buying them 4 years of college tuition, and buying them who knows what else (study abroad trips, airfare, apartment leases, textbooks, etc. etc.) teach? Does it teach independence or dependence?  It can certainly (at least that's what you hope for) teach them to appreciate when others do super nice things for them. But does free money instill financial responsibility?  Try to ask kids whose parents paid for their college WHY they did it. \"\"Because my parents want me to succeed\"\" is probably the best you can hope for. Now ask them, But do your parents OWE you a college education? \"\"Why yes, I guess they do.\"\" Why? \"\"Well, I guess because they told me they do. They said they owe it to me to set me up for success in life.\"\" Now think about this: Do people who become financially successful achieve that success because someone owed something to them? Or because they recognized that nobody owes them anything, and took it upon themselves to create that success for themselves? These are not very comfortable topics to consider, especially for those of you who have either already sunk many tens of thousands of dollars into your childrens' college education. Or for those who have been living very frugally and mindfully for the past 10-15 years driven by the goal of doing so. But I want to open this can of worms because I believe fundamentally it may be creating more problems than it is solving. I am sure there are some historical and cultural explanations for the ASSUMPTION that has at some point formed in the American society that parents owe their children a college education.  But as with most social conventions, it is merely an idea -- a shared belief. It has become so ingrained in conversations at work parties and family reunions that it seems that many of those who are ardent advocates of the idea of paying for their childrens' education no longer even understand why they feel that way. They simply go with the flow of social expectations, unwilling or unable to question either the premises behind these expectations, or the long-term consequences and results of such expectations.  With this comment I want to point to the connection between the free financial gifts that parents give to their (adult!) children, and the level of financial discipline of these young adults, their spending habits, sense of entitlement, and sense of responsibility over their financial decisions. The statistics of the U.S. savings rate, average credit card debt, foreclosures, and bankruptcy indeed tell a troubling story.  My point is that these trends don't just happen because of lots of TV advertising and the proverbial Jones's. These trends happen because of a lack of financial education, discipline, and experience with balancing one's own checkbook. Perhaps we need to think more deeply about the consequences of our socially motivated decisions as parents, and what is really in our children's best interests -- not while they are in college, but while they live the rest of their lives after college. Finally, to all the 18+ y.o. adult 'children' who are reeling from the traumatic experience of not having their parents pay for their college (while some of their friends parents TOTALLY did!), I have this perspective to offer:  Like you are now, your parents are adults. Their money is theirs to spend, because it was theirs to earn. You are under no obligation to pay for your parents' retirement (not that you were going to). Similarly your parents have no obligation to pay for your college. They can spend their money on absolutely whatever they want: be it a likeside cottage, vacations, a Corvette, or slots in the casino. How they spend their money is their concern only, and has nothing to do with your adult needs (such as college education).  If your parents mismanage their finances and go bankrupt, it is their obligation to get themselves back in the black -- not yours. If you have the means and may be so inclined, you may help them; if you do not or are not, fair enough. Regardless of what you do, they will still love you as their child no less.  Similarly, if your parents have the means and are so inclined, they may help you; if they do not or are not, fair enough. Regardless of what they do, you are to love them as your parents no less.  Your task as an adult is to focus on how you will meet your own financial needs, not to dwell on which of your needs were not met by people whose finances should well be completely separate from yours at this point in life. For an adult, to harbor an expectation of receiving something of value for free is misguided: it betrays unjustified, illusory entitlement. It is the expectation of someone who is clueless as to the value of money measured by the effort and time needed to earn it. When adults want to acquire stuff or services, they have to pay for these things with their own money. That's how adults live. When adults want to get a massage or take a ride in a cab, are they traumatized by their parents' unfulfilled obligation to pay for these services? No -- they realize that it's their own responsibility to take care of these needs. They either need to earn the money to pay for these things, or buy them on credit and pay off the debt later.  Education is a type of service, just like a massage or a cab ride. It is a service that you decide you need to get, in order to do xyz (become smarter, get a better paying job, join a profession, etc.). Therefore as with any other service, the primary responsibility for paying for this service is yours.  You have 3 options (or their combination): work now so that you can earn the money to pay for this service later; work part-time while you are receiving this service; acquire the service on credit and work later to pay it off. That's it. This is called the real world. The better you can deal with it, the more successful you will become in it. Good luck!\""}
{"_id": "70689", "title": "", "text": "It is certainly interesting to look at MLM in the context of the Gig Economy.  I hadn't thought of it that way but it is very much a valid comparison (for better and for worse).  As for the middleman, the large number of those is exactly why I think MLM is a silly business model for all but those at the top."}
{"_id": "70697", "title": "", "text": "Are you planning on paying your son back?  If so, this is a loan from him.  If not, it is a gift.  Both have possible and different tax implications.  For example, gifts above $14,000 ($28,000 if your son is married) per calendar year may be subject to a gift tax.  If it is a loan, the IRS has rules about the interest rate you must pay him and taxes get more complicated if it is too low (or zero). Edit: Notice that if you are also married, I believe your son and his wife can give $14k each to each of you and your spouse.  If the house is in her name as well you may be able to pay as much as $56K without the gift tax.  Notice that this is a yearly amount, so if this was December you could get $56k in December and $56K in January."}
{"_id": "70698", "title": "", "text": "\"&gt; ...doesn't strip those people of the ability to walk by without buying.  There are plenty of examples where [\"\"framing\"\" is a crime](https://en.wikipedia.org/wiki/Fraud) despite the victim having the ability to opt-out.  &gt; That idea necessarily implies that there are innate human needs that are objectively knowable.  That is a textbook [ah hoc relativist fallacy](https://en.wikipedia.org/wiki/Relativist_fallacy) and a big pile of horseshit.  You're just being stubborn if you deny that everyone needs food and water and therefore claim improving access to it is not in the common good.  Regardless the bar isn't even that high as common good is defined as something that *most* agree is beneficial to all.  &gt; ...we have to address the ethical issue of who is responsible for any harm caused to innocent people in the process.  You're just spouting a whole bunch of stuff you don't really believe.  You have no moral problems with companies pushing people to buy things that make them worse in the long run or removing government regulations that other people thought were needed to protect consumers.  You are only intolerant of \"\"any harm\"\" for ideas you disagree with.\""}
{"_id": "70700", "title": "", "text": "*Reuters was able to confirm at least 50 people were let go in the past three weeks*  ...so when a few bankers get sacked they make the news just like [10000 nokia employees](http://www.nytimes.com/2012/06/15/technology/nokia-to-cut-10000-jobs-and-close-3-facilities.html?pagewanted=all) right?    /me being deliberately provocative, I guess the real focus of the article was on the negative trend of the economy forcing banks as well as companies to rething their organization... but still, am I the only one seeing a huge bias in information here?"}
{"_id": "70702", "title": "", "text": "\"This is not a direct answer to your question, but you might want to consider whether you want to have a financial planner at all. Would a large mutual fund company or brokerage serve your needs better than a bank? You are still quite young and so have been contributing to IRAs for only a few years. Also, the wording in your question suggests that your IRA investments have not done spectacularly well, and so it is reasonable to infer that your IRA is not a large amount, or at least not as large as what it would be 30  years from now. At this level of investment, it would be difficult for you to find a financial planner who spends all that much time looking after your interests. That you should get away from your current planner, presumably a mid-level employee in what is typically called the trust division of the bank, is a given.  But, to go to another bank (or even to a different employee in the same bank), where  you will also likely be nudged towards investing your IRA in CDs, annuities, and a few mutual funds with substantial sales charges and  substantial annual expense fees, might just take you from the frying pan into the fire. You might want to consider transferring your IRA to a large mutual fund company and investing it in something simple  like one of their low-cost (meaning small annual expense ratio) index funds. The Couch Potato portfolio suggests equal amounts invested in a no-load S&P 500 Index fund and a no-load Bond Index fund, or a 75%-25% split favoring the stock index fund (in view of your age and the fact that the IRA should be a long-term investment).  But the point is,  you can open an IRA account, have the money transferred from your IRA account with the bank, and make the investments on-line all by yourself instead of having a financial advisor do it on your behalf and charge you a fee for doing so (not to mention possibly screwing it up.) You can set up Automated Investment too; the mutual fund company will gladly withdraw money from your checking account and invest it in whatever fund(s) you choose.  All this is not complicated at all.  If you would like to follow the Couch Potato strategy and rebalance your portfolio once a year, you can do it  by yourself too. If you want to invest in funds other than the S&P 500 Index fund, etc. most mutual fund  companies offer a \"\"portfolio analysis\"\" and advice for a fee (and the fee is usually waived when the assets increase above certain levels - varies from company to company).  You could thus have a portfolio analysis done each year, and hopefully it will be free after a few more years.  Indeed, at that level, you also typically get one person assigned as your advisor, just as you have with a bank. Once you get the recommendations, you can choose to follow them  or not, but you have control over how and where your IRA assets are invested.  Over the years, as your IRA assets grow, you can branch out into  investments other than \"\"staid\"\" index funds, but right now, having a financial planner for your IRA might not be worth it. Later, when you have more assets, by all means if you want to explore investing in specific stocks with a brokerage instead of sticking to mutual funds only but this might also mean phone calls urging you to sell Stock A right now, or buy hot Stock B today etc. So, one way of improving your interactions and have a better experience with your new financial planner is to not have a planner at all for a few years and do some of the work yourself.\""}
{"_id": "70711", "title": "", "text": "We also have for-profit, career-oriented schools which take advantage of students and get them to pay for training that used to be done on the job. The training is often sub par and the only students who do well are those who would have been able to teach themselves the skills at a fraction of the cost. The influx of minimally qualified applicants then drives down wages in that field while removing the possibility for promotion for anyone who wanted to train on the job."}
{"_id": "70724", "title": "", "text": "\"FICO 08, a newer fico formula that many lenders are simultaneously switching to now, ignores artificially lengthened credit history/score by piggybacking. So don't feel left out in that regard.  Average age of accounts is affected when closed accounts fall off your credit report, which can take 7 years, not just by closing them. But I'm not familiar with the latest \"\"weightings\"\" of these things, so its tough to say how significant it will be when that happens. There are also newer FICO formulas, that may become relevant 7 years from now, so it is definitely something to be conscious of but they aren't immediately consequential, since you can do other things to improve your credit worthiness in the near term.\""}
{"_id": "70730", "title": "", "text": "With $800/month extra?  Do both. (I am ethnocentric enough to assume you live in the same country as me) First, figure out what your emergency fund should look like.  Put this money in a high yield checking or savings account.  Add to it monthly until you reach your goal.  It should be 3 to 6 months of your total monthly expenses.  It will be a lot more than $2k I suspect.  You will earn bubkis in interest, but the point of the emergency fund is a highly liquid asset for emergencies so you can choose cheaper car insurance and not buy warranties on stuff. With your $800/month, split it up this way: $416/month into a Roth IRA account at Vanguard (or Schwab or Fidelity) in the Star Fund (or similar low cost, diversified fund).  The star is $1000 to open, pretty diversified.  $416 is a lazy number that comes close to the $5000 annual limit for a Roth IRA in the US.  Contribute like clockwork, directly from your paycheck if you can.  This will make it easy to do and get you the benefit of dollar cost averaging. $200 or $300 into your savings account until you reach your emergency fund goal. $85 - $100.  Live a little.  Speculate in stocks with your vanguard account.  Or rent fancy cars.  Or taken a vacation or go party.  If you are saving $800/month in your early 20 be proud of yourself, but have a little fun too so you can let off steam.  It isn't much but you know you can play with it. Once you reach your emergency fund, save up for your future house or car or plane tickets to Paris.  Ask another question for how to save up for these kinds of goals."}
{"_id": "70732", "title": "", "text": "The motor is a crucial part of each vehicle and it ought to be kept up properly in order to preserve it for a long time. The most imperative thing for each engine is the motor spare parts. Spare parts are the solutions that you provide for your motor to feel good and perform well."}
{"_id": "70738", "title": "", "text": "In a business environment, this phenomenon could be easily explained by 'operational leverage'. Operational leverage is the principle that increasing revenues by a small amount can have a disproportionately large impact on net income. Consider this example: you run a business that rents out a factory and produces goods to sell to consumers. The rent costs you $10k / month, and all of your other costs depend on how many goods you produce. Assume each good gives you $10 in profit, after factoring your variable costs. If you sell 1,000 units, you break-even, because your variable profit will pay for your rent. If you sell 1,100 units, you make $1,000 net profit. If you sell 1,200 units, you double your overall profit, making $2,000 for the month. Operational leverage is the principle that adding incremental revenue will have a greater impact than the revenue already received, because your fixed costs are already 'paid for'. Similarly in personal finance, consider these scenarios: You have $1,000 in monthly expenses, and make $1,000 - your monthly savings (and therefore your wealth) will be zero.  You have $1,000 in monthly expenses, and make $1,100 - your monthly savings will be $100 per month. You have $1,000 in monthly expenses, and make $1,200 - increasing your income by ~10% has allowed your monthly savings double, at $200 per month. You have $1,000 in monthly expenses, and make $2,000 - your monthly savings are 5 times higher, when your income only increased by ~80%. Now in the real world, when someone makes more money, they will increase their expenses. This is because spending money can increase one's quality of life. So the incline does not happen quite so quickly - as pointed out by @Pete & @quid, there comes a point where increased spending provides someone with less increase in quality of life - at that point, savings really would quickly ramp up as income increases incrementally. But assuming you live the same making $2,000 / month as $1,000 / month, you can save, every month, a full month's worth of living expenses. This doesn't even factor in the impact of earning investment income on those savings. As to why the wealth exceeds income at that specific point, I couldn't say, but what I've outlined above should show how it is quite reasonable that the data is as-reported."}
{"_id": "70796", "title": "", "text": "So, the point of the article is that the taxpayers are making up for what Walmart isn't paying. But, walmart pays way more than what it's employees are using.  Employees use government programs, Walmartpays more than double of the cost of those programs, so no cost at all is passed to the taxpayers.  Walmart WOULD be evil if they didn't pay taxes. But they do.  The article is nonsense.   We get it. You don't like big business."}
{"_id": "70799", "title": "", "text": "No. There is no indication that the recent decline will have an impact on the house market in the UK. The reason(s) for the downward move these last few weeks are mainly due to: The last two points caused the Chinese government to decide to devaluate the Yuan. This in turn triggered an unforeseen panic attack among investors and speculators around the globe starting with the Chinese that are trading on borrowed money (not only on margin but also by using loans). The UK house prices are not influenced by the above factors, not even indirectly. The most important factors for house prices are in general: If you keep the above points in mind you should be able to decide whether now is the right time to buy a house in your area. Given that a lot of central banks (incl. BoE) are maintaining a low interest rate policy (except fed soon), now is a good time to take a mortgage. Sources used: I know interest rates are determined by the BoE which looks at the global picture to determine these rates but the main directive of a central bank is to maintain an inflation close to but not exactly 2 % as to spur on economic growth.  As such, the value of a company as valuated on the stock market is not or barely taken into account. The negligible impact is the reason why I stated that the crash in the summer of 2015 doesn't even have an indirect impact.  Also such a crash is very short lived. It's more the underlying reason for the fears that could cause issues if they drag on."}
{"_id": "70806", "title": "", "text": "You can increase your monthly cash flow in two ways: It's really that simple. I'd even argue that to a certain extent, decreasing expenses can be more cash-positive than increasing income by the same amount if you're spending post-tax money because increasing income generally increases your taxes. So if you have a chunk of cash and you want to increase your cash flow, you could decrease debt (like Chris suggested) and it would have the same effect on your monthly cash flow. Or you could invest in something that pays a dividend or pays interest. There are many options other than real estate, including dividend-paying stocks or funds, CDs, bonds, etc. To get started you could open an account with any of the major brokerage firms and get suggestions from their financial professionals, usually for free. They'll help you look at the risk/reward aspects of various investments."}
{"_id": "70853", "title": "", "text": "It's a way to help normalize the meaning of the earnings report. Some companies like Google have a small number of publicly traded shares (322 Million). Others like Microsoft have much larger numbers of shares (8.3 Billion). The meaning depends on the stock. If it's a utility company that doesn't really grow, you don't want to see lots of changes -- the earnings per share should be stable. If it's a growth company, earnings should be growing quickly, and flat growth means that the stock is probably going down, especially if slow growth wasn't expected."}
{"_id": "70854", "title": "", "text": "I think it's important to be clear what is being studied here. It's the effect of a more dramatic increase in the min wage than we've seen before.  There are many studies which show no negative effect at all on employment in situations where gradual increases in the min wage happen. Just like there are several well known studies that compare similar cities with different minimum wages that show no negative affect on employment in the city with the higher wage.  But in none of those situations was the wage ever increased quite like it was in Seattle, so that's the new thing to study here.  So again, the study is clearly *not* trying to say that raising the minimum wage has a negative effect on employment. Rather it's looking at just this particular significant increase.  For me, this really is an indictment on the unwillingness of congress to gradually raise the minimum wage over time using some sort of sensible inflationary benchmark.   Had they been gradually inflating the wage over time to coincide with normal inflation, we could see a $12 min wage already that had no appreciable effect on employment.  So is the solution a sudden correction to get to the wage up to a liveable standard in one, perhaps slightly painful to employment swoop? Or is it to go more gradually, meaning that you'll still remain decades behind inflation growth?"}
{"_id": "70860", "title": "", "text": "I think you have a good start understanding the ESA. $2k limit per child per year. The other choice is a 529 account which has a much higher limit. You can deposit up to 5 years worth of gifting per child, or $65k per child from you and another $65k from your wife. Sounds great, right? The downside is the 529 typically has fewer investment options, and doesn't allow for individual stocks. The S&P fund in my 529 costs me nearly 1% per year, in the ESA, .1%. the ESA has to be used by age 30, the 529 can be held indefinitely."}
{"_id": "70885", "title": "", "text": "You may not have a good choice until you start that job. $2,000 is awfully low for a car, so it could be very risky. But you may not be able to get a loan until you start the new job. I would talk to a bank or credit union to get an idea of how much, if anything, you could borrow at this time. If you have a letter offering you the job that might help to get a loan. There are dealers who will finance a very cheap used car for anybody, but that kind of deal is likely to be at a very high interest rate and should be avoided. You could wind up with a debt and no car. One other possibility is to have a co-signer, such as a parent or other relative. That could make getting a car loan easy."}
{"_id": "70886", "title": "", "text": "\"Elliott was arguing from the position of an original creditor.  They still had the same rights and obligations as if they bought the bond directly from the Argentinian government.  So buying the bonds at a huge discount did not mean that they gave up rights under the law.  Would your opinion differ if it was the original bondholders in the lawsuit, and not these \"\"vulture funds?\"\"  Think of it this way, Elliott paid less because the original bondholders' rights were judged by the market to be unlikely to result in being paid in full.  But paying less did not extinguish any of the original bondholders' rights.   And anytime a bond holder is forced to accept modified terms that they did not agree to, the borrower is unilaterally changing the terms.  There is an argument that this is necessary for businesses and individuals, but sovereigns that can raise revenue as a matter of policy have no excuse.\""}
{"_id": "70898", "title": "", "text": "\"Regarding SPY: \"\"One SPDR unit is valued at approximately 1/10 of the value of the S&P 500. Dividends are distributed quarterly, and are based on the accumulated stock dividends held in trust, less any expenses of the trust.\"\"  (source)  These are depository receipts, not the actual stocks. Regarding IVV: \"\"The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in sectors, such as energy, information technology, industrials, financials, consumer staples, healthcare, telecom services, consumer discretionary and materials.\"\"  (more here) VOO is the Vanguard S&P 500 ETF. The tracking error seems pretty small to me.  I went to Google Finance and plotted the percent change for all four on one chart.  They lie pretty much on top of one another.  The actual dollar value of each one doesn't matter nearly as much as the fact that they move up and down almost in lock-step.  There may be a larger difference going farther out, but for three separate financial products, the agreement is still remarkably good.\""}
{"_id": "70906", "title": "", "text": "That's true.  If you liked Vietnam, the Gulf war, and the financial crises then you'll like finance because they're all brought to you by Harvard and Yale.  They're a bunch of egotistical know-nothings who have an inflated sense of accomplishment because of the name of their school.  I agree, I would take a state schooler than any of those morons from Harvard, Yale, Naval Academy, etc.    They had their chance and they royally screwed us up."}
{"_id": "70907", "title": "", "text": "AFAIU, you don't need pay any taxes for you amount in NRE account since this amount is already taxed. I also think, you do not need to pay taxes on the interest earned on NRE account. However, you need to disclose the amount in your Indian Bank(s), if at any point of time, exceed $10K (When converted from INR to $). This is FBAR. Sending money to non-NRE account would come under Indian Tax scanner. For instance, if your parents use that money to pay EMIs or any huge purchase, then that might cause an issue. Most of the times, these type of purchases go unnoticed. However, the party who is taking money, may ask for source, especially if its a financial institution or Govt bodies. Also, for non-NRE accounts, you need to pay taxes and on interest earned. Hope this helps!"}
{"_id": "70922", "title": "", "text": "Notice that a textbook publishing conglomorate owns the majority share of both Penguin and Random House. Golly, I wonder how those textbook guys got to be so profitable? I don't suppose they viciously abused copyright law to threaten teachers and students like thugs to extort outrageous fees for material they didn't even necessarily have rights to? Do you suppose that's how they did it?   Or was it through controlling distribution and shutting out independents and making textbook distribution pay-to-play? Hmm, why choose when they're both so profitable?"}
{"_id": "70931", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/uk-britain-sterling-idUSKBN1AR0M9) reduced by 75%. (I'm a bot) ***** &gt; LONDON - Sterling fell to a fresh 10-month low against the euro on Friday as investors added bearish bets against the British currency on concerns the economy may be struggling to gain momentum.  &gt; Sterling fell 0.2 percent to 90.92 pence against the euro, its lowest level since October 2016.  &gt; It has fallen for two consecutive weeks and has weakened nearly 9 percent against the euro since early May. Morgan Stanley strategists are predicting euro parity with the pound in the first quarter of 2018.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6thf3f/british_pound_further_down/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~190040 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **against**^#1 **since**^#2 **Sterling**^#3 **week**^#4 **euro**^#5\""}
{"_id": "70933", "title": "", "text": "that, and the fact that the internet has made pornography more widely available than ever. this article is basically about the porn industry struggling to come out with content that people are actually willing to spend money on.  oh, woah is me that the industry built on the world's oldest profession fall on hard times."}
{"_id": "70971", "title": "", "text": "I always get hounded by some Dish TV guy when I go into the local BestBuy.  I politely tell him that I don't watch TV and am not interested, yet he keeps after me.  That's why I stopped going there."}
{"_id": "70988", "title": "", "text": "If you mistakenly pull money out of the HSA all the ones I have looked at have a mechanism of returning the funds. Sometimes they have a form, other times the doctor or pharmacy can put the money back in. Money put back into the fund doesn't count as a contribution for that year. You shouldn't have to pull money out that you know will just be reimbursed. But there are occasions where there is no other way. Sometimes you are not sure what the exact fee will be when visiting the doctor. In other cases you have a rebate that will only be received weeks later."}
{"_id": "71004", "title": "", "text": "Dude.  50,000 engineers.  If the entire UM ONLY produced engineers, Amazon only wants the top 10% of them to begin with.  So it would take ten years of those engineers staying in town in order to provide an adequate local supply.  Amazon had a hard time staffing to similar levels in Seattle, which everyone and their brother wants to move to, because it's beautiful and clean and well-run in comparison to most American cities. It also had Microsoft, Nintendo, Boeing, and a number of other software and engineering companies in town at the time.   I really WANT this for Detroit or Newark, because those cities are really suffering beyond what they deserve, have a housing SURPLUS, and could become great again.  But I don't feel like it's likely."}
{"_id": "71009", "title": "", "text": "Exactly, it makes my poop pasty because it constipates me. I've not attacked anyone and you're out here being Internet big guy calling me all kinds of names and accusing me of stuff I haven't done. Nothing I've said is inaccurate or offensive. If you took it that way that is your issue you should talk to a therapist about."}
{"_id": "71010", "title": "", "text": "You have a variety of options depending on the specifics of your situation.  I would recommend the first option if you live in an area served by TD Bank (you can also research similar banks who have both a US and Canadian presence such as RBC). In order to give a more detailed answer you'd have to expose more information in the question regarding location. Additional Notes:"}
{"_id": "71011", "title": "", "text": "\"I believe there is an overtime meal allowance. That is, if an employee works \"\"overtime\"\" (defined as 7:00 p.m. for a 9:00 start, or ten-plus hours after the shift starts), the company can provide a non-taxable meal free of charge, or give a \"\"reasonable\"\" allowance ($15-$20) that must be spent outside on a meal (no drinks). This is because the employee is working extra hours at the convenience of the company. Lunches can be subsidized. That is the company can provide lunch on company premises, and must charge employees the direct costs of the food and preparing it, but can forego charging for \"\"overhead\"\" (e.g. the implied rent for the lunch facility) and profit.\""}
{"_id": "71029", "title": "", "text": "See this link...I was also looking an answer to the same questions. This site explains with an example  http://www.independent-stock-investing.com/PE-Ratio.html"}
{"_id": "71036", "title": "", "text": "\"(Ignoring any ethical considerations of defaulting on a mortgage obligation) If your credit score fell, future costs of borrowing would be greater, if you could borrow money at all. The true financial cost of these penalties would depend on your own intentions and circumstances. The value of a credit score cannot be quantified in any absolute sense because of these circumstances which will vary from person to person. Suppose a decision would result in your score falling from 700 to 600. As a result, a future car loan would cost something like 2% more in interest per year. Let's also suppose you would not be able to find a bank to give you money to buy a new home.  The difficulties caused by this situation would depend on the person. Some people have no intention of taking out another mortgage or buying another car, and to them, a lowered credit score might make no difference. To others, it would be desirable to avoid these penalties. The value of credit score would be equal to how much you would be willing to pay in the present to avoid these future penalties.  If you intend to borrow money in the near future, and somehow know how much more interest you will pay as a result of your lower score, then you could approximate the value of the credit drop by summing all of the additional interest costs discounted into the present. Something a little like this: Year's Additional Cost in Interest / (1 + Your Personal Opportunity Cost of Funds) ^ (Years in the future this extra interest will be paid).  See time value of money explanation: Can you explain \"\"time value of money\"\" and \"\"compound interest\"\" and provide examples of each? It could also be the case that you miss out on valuable financial opportunities as a result which could be added to the present value of the credit score drop.  For example, if the drop made you totally unable to purchase an investment property that would net you $10,000 in cash flows /year (which would yield cash flows immediately). The value of that investment would have been $10,000 / (1 + Your Personal Opportunity Cost of Funds). Since you would not be able to make that investment (in this example) as a result of the decreased score, the present value of the investment would be an opportunity cost of the lower score. There are other hard-to-quantify costs of low credit to consider as well, ranging from housing to employment to bragging rights.  Hopefully this has helped :)\""}
{"_id": "71038", "title": "", "text": "\"(credits to Joe's answer above which alluded to what I was not considering) You aren't \"\"bypassing\"\" the tax liability if you invest in a home instead of, say, stocks. It's true stocks would be subject to tax during the year you cash in on them while the proceeds of a home equity loan would not affect your tax liability. HOWEVER, by taking on a new loan, you are liable for repayments. Those repayments would be made using your income from other sources, which IS taxable. So you can't avoid tax liability when financing your child's college education by using an equity line.\""}
{"_id": "71043", "title": "", "text": "&gt; 8.9M in subsidies to offer discounted Internet to schools [Comcast Roundup]  But Comcast wasn't the only company who received subsidies to give internet to schools.  It sucks that Comcast, with its poor practices DID receive money for it, but they weren't the only company involved."}
{"_id": "71048", "title": "", "text": "But then why wouldn't that be their primary mode to control their currency now/are they starting/hinting at doing so to move away from US treasuries? There must be benefits to Treasury purchasing that seems better to them, maybe that QE can't do alone?  And I have to imagine with the tenuous nature of their financial system, the shock alone from losing access to the Dollar (and before they could use QE to devalue the currency back down) would be a major issue."}
{"_id": "71049", "title": "", "text": "I have trouble getting into the Prime original stuff.  It is in no small part that they refuse to just let me stream shit on my chromecast.  I have to stream it through my Tivo, which in theory should be no big deal, but usually, means an inconsistent and often shitty experience.  I know they want me to use their competing Fire Stick thing, but... no.  Then the actual content usually seems to be slow moving drama.  I watched several episodes of Man in the High Castle (during my multi-year checks of Prime content) and was bored even just having it on while doing other stuff.  I just saw that they have The Tick.  It might be time to check on their line-up again.  Relative to Netflix, I don't feel like Prime holds up.  It is more obnoxious to watch (finding the content seems tougher in addition to the device limitation), and the content is meh.  That said, we love Prime.  We are ordering stuff sometimes multiple times a week so the free and fast shipping is much used and loved.  I even signed up for the Unlimited ebooks thing because I read tons of shitty novels that even at 1-5 dollars a pop were adding up to over $10 a month."}
{"_id": "71052", "title": "", "text": "A few gadgets on credit is no replacement for a viable future, nor does it invalidate poverty.  It's easy to get a couple thousand dollars, but difficult to amass any significant amount of self sufficiency.  Besides that, it fucking sucks being poor.  If not for my PC I'd be forced to commit some very depraved acts upon various orifices of strangers.  Sure poor people might be able to get a couple of gadgets, but what we cannot get is decent healthcare, education (without massive debt), economic opportunity (without nepotism) and a home of our own (instead of renting from the landed gentry and having the bank own more than half the houses in our country)."}
{"_id": "71053", "title": "", "text": "\"&gt;  Facebook has become one of the big companies pushing for/creating newer better networking gear servers   Completely untrue, unless you count \"\"complaining about infrastructure\"\" as \"\"creating newer better networking gear servers\"\".  Sorry, but they do nothing demonstratively constructive in this field.\""}
{"_id": "71082", "title": "", "text": "A point that hasn't been mentioned is whether paying down the mortgage sooner will get you out of unnecessary additional costs, such as PMI or a lender's requirement that you carry flood insurance on the outstanding mortgage balance, rather than the actual value/replacement cost of the structures.  (My personal bugbear:  house worth about $100K, while the bare land could be sold for about twice that, so I'm paying about 50% extra for flood insurance.)  May not apply to your loan-from-parents situation, but in the general case it should be considered. FWIW, in your situation I'd probably invest the money."}
{"_id": "71083", "title": "", "text": "\"&gt; You're the one arguing for a change away from the status quo here, to something that not only is entirely untested but requires everyone to do it at once AND everyone to think just like you do for it to 'work properly'. It's nothing but hypotheticals, yet you're saying the burden of proof is on me to 'prove' that your hypothetical scenarios won't work?  I don't have to prove anything when I'm advocating for not being a part of your system. I am in no way advocating that you be forced into mine. I'm not advocating any positive action towards you, nor anyone else. Simply arguing against the status quo doesn't place a burden of proof upon me.  &gt; That's not a thing you can do, you can't prove a negative.  Then don't make that claim. Easy as that. I laid out how the market could deal with a court system, and you devolved into making unsupported claims. When we get back to what does make sense, we can have productive conversation. It's not productive to use baseless conjecture and unsupported claims.  &gt; All i can do is say look around at all the free markets and stateless populations we have now living in perfect harmony with each other and the environment. Oh wait. They don't exist. Because they don't work in the real world.  Wrong. It does not follow that because something does not exist that it does not work.  &gt; Any advantage is going to be used to bludgeon the competition with until you have a monopoly/quasi-state  You have no evidence to support this. Why are you reverting to this nonsense?  &gt;  it relies on the population being informed in and believing in the system enough to make a conscious effort to not buy the cheaper goods at the store with the bad business practices, or potentially drive further to a different store if it's the store doing the bad practice!  No, it does not. This is a straw man. A voluntary society doesn't preclude the possibility of people buying bad food or something like that. It doesn't even preclude the possibility of third-party assurances to prevent bad food. It just doesn't have a built-in monopoly on assurance services that you have to use in order to buy/sell.  &gt; So you're saying there can never be a truly free market then?  No. People buy and sell freely all of the time. Ever bought something from Craigslist? Ebay? Silk Road? I'd say those are pretty much free markets.  &gt; You had little kids getting their arms ripped off by textile looms for fucks sake, people working 14 hour days. But it made more money than working in the fields, so #worth, right?  You're conveniently leaving out how kids worked, people toiled all day and still starved to death as the alternative up until industrialization allowed a better quality of life. It's not like they could have just passed a fucking law and mandated a 40 hour week and instantly had prosperity. It was because they did grind their way through the Industrial Revolution that we're able to live lives of leisure and prosperity. If you think that government action can get people out of poverty by decree then tell it to the third world countries that are still developing. I'm sure they'd be all ears.  &gt; Because the pooling of vast resources for disaster relief is something that states do?  That they do it doesn't mean that it couldn't happen without the state on a voluntary basis. The funding for all of these programs combined is easily less than, what, a quarter of the government's budget? If the people who made this same objection put their money where their mouth is, there would be no shortage of funding. People from the left and the right alike claim that they want these things, so which is it? Are you telling me that there are just millions and millions of people who virtue signal about humanitarian efforts?  &gt; This is my point, neither you nor I have any evidence to base this off rather than a tendency for people to be utter bastards to each other, looking at history. You're postulating that if all governments dissipated in a puff of smoke, there wouldn't be huge conflict in the resulting power vacuum?  Actually I don't think that immediately destroying governments will create the best outcomes, as that usually happens violently and results in someone wanting to fill the roles performed by government. Instead, I think that based upon history individuals are less likely to be violent when they aren't acting on behalf of governments, and they can and will find alternatives to the state that will replace it over time *if they are not violently stopped.* Here are some examples:  1. I would rather be entirely left alone by the state police agents and allowed to use my own private security. I would not be taxed for state agents and would instead pay out of pocket. This would likely lower the cost since they would be interested in preventing losses rather than busting people for parking tickets, speeding tickets, drug offenses, civil asset forfeiture, etc. Would you not agree that this is a superior model? 2. I would rather have private large-scale defense since it would not be involved in international wars of aggression. I would not be taxed and would instead pay out of pocket. All else equal, this would be less expensive and less dangerous since resources would only be used for defense. Would you not agree that this is a superior model? 3. I would rather have a private system of healthcare rather than a government one, being free to not pay into Medicare/Medicaid. This, along with eliminating certificates of need, monopolization by the AMA, eliminating IP protections, and the like would lower the cost more than nationalization would and would also allow providers to better align with my preferences. Would you not agree that this is a superior system?  &gt; Yeah, good one. There weren't any Anarchists in a position to do any of that. Great straw man.  Actually the purported left-wing \"\"anarchists\"\" in Spain did carry out what is called the Red Terror. I put that in quotes because I do not agree with their methods or their ideology. Change must be done through the market, not through violence.  &gt; WHY is the burden of proof on the 'statists'? It's the Anarchists who are arguing for the change in the status Quo.  Because appeals to tradition are not rational arguments and anarchists are not advocating for positive action against you. Statists are arguing that others be subject to their government. If a person is trying to argue against his own enslavement, he wouldn't have the burden of proof simply because he had been enslaved for some time.  &gt; You're the one making the claim that it would be a better system here with nothing to back it up  On the contrary, I do have something to back it up: the market responds better to consumer preferences on an individual level than governments do. If you disagree with me on healthcare and want a collective system, the market can put you with other like-minded individuals and me with those who share my views. A state cannot.  &gt; why do we have states right now?  You're conflating violence and efficiency. That's like saying \"\"if kids have such great ideas, why are they still living under their parent's rule?\"\" It's not because the ideas are bad, it's because the parents are keeping them there. States don't compete, they rule with violence. The notion of creating a market for violence to stop rule by violence is contradictory.\""}
{"_id": "71097", "title": "", "text": "The GnuCash manual has a page with examples of opening new accounts. The tl;dr is: use the Equity:Opening Balance to offset your original amounts. The further explanation from the GnuCash page is: As shown earlier with the Assets:Checking account, the starting   balances in an account are typically assigned to a special account   called Equity:Opening Balance. To start filling in this chart of   account, begin by setting the starting balances for the accounts.   Assume that there is $1000 in the savings account and $500 charged on   the credit card. Open the Assets:Savings account register. Select View from the menu and check to make sure you are in Basic Ledger style. You will   view your transactions in the other modes later, but for now let\u2019s   enter a basic transaction using the basic default style. From the Assets:Savings account register window, enter a basic 2 account transaction to set your starting balance to $1000, transferred   from Equity:Opening Balance. Remember, basic transactions transfer   money from a source account to a destination account. Record the   transaction (press the Enter key, or click on the Enter icon). From the Assets:Checking account register window, enter a basic 2 account transaction to set your starting balance to $1000, transferred   from Equity:Opening Balance. From the Liabilities:Visa account register window, enter a basic 2 account transaction to set your starting balance to $500, transferred   from Equity:Opening Balance. This is done by entering the $500 as a   charge in the Visa account (or decrease in the Opening Balance   account), since it is money you borrowed. Record the transaction   (press the Enter key, or click on the Enter icon). You should now have 3 accounts with opening balances set. Assets:Checking, Assets:Savings, and Liabilities:Visa."}
{"_id": "71125", "title": "", "text": "Innovation? Last I checked, they still do the same damn thing they've been doing for the past decade or more. They just happened to have been the first successful brand in the video streaming industry when it began. No amount of free coffee and naps and beer will change that."}
{"_id": "71143", "title": "", "text": "\"Again with a question that is only tangentially linked to the statement. Perhaps one could ask \"\"Is it better to unload debt in financial terms or a reproductive debt, like the low birth rates of developed nations and the death of the human race... ?\"\", but it wouldn't be related.\""}
{"_id": "71144", "title": "", "text": "I can't think of any specifically, but if you haven't already done so it would be worthwhile reading a textbook on macro-economics to get an idea of how money supply, exchange rates, unemployment and so on are thought to relate.   The other thing which might be interesting in respect of the Euro crisis would be a history of past economic unions. There have been several of these, not least the US dollar (in the 19C, I believe); the union of the English and Scottish pound (early 1600s); and the German mark. They tend to have some characteristic problems, caused partly by different parts of the union being at different stages in an economic cycle. Unfortunately I can't think of a single text which gathers this together."}
{"_id": "71171", "title": "", "text": "\"I think he's a jerk.  The whole \"\"Obamacare is fascism\"\" thing, price-gouging in multiple states at their stores, until they were caught and then \"\"apologized\"\"in a video.  We'll see how things play out after Amazon does their structural realignment.\""}
{"_id": "71177", "title": "", "text": "1) Yes, there are. Advances in materials or aerodynamics reduce fuel consumption thereby reducing carbon emissions.  2) There is plenty of evidence that businesses act to reduce costs.  Any important question is how they measure carbon emissions. Are the emissions charges reduced with more efficient aircraft? Airlines may find ways to reduce the charges in ways that don't necessarily help the environment."}
{"_id": "71180", "title": "", "text": "The biggest issue with personal bankruptcy is the guilt.  We generally are brought up to believe that we should be responsible for our debts.  Bankruptcy is a direct contradiction to that concept.  Once a debtor realizes that corporations don't necessarily view bankruptcy as failure, but merely a financial tool, that makes it a lot easier to let go of the guilt.  Once that happens, all a debtor needs to get used to is the idea that s/he'll be dealing with a cash economy for a while.  Which isn't a particularly bad thing at all.  Inconvenient at times, but that's about it."}
{"_id": "71183", "title": "", "text": "Hmm...  Oh.  I had to get the Amazon Underground (Android) app.  Now it looks like I can watch on my phone.  That's weird.  After reading more, this is the old Amazon app store, which I never reinstalled when I got my current phone.  People also manage to stream by casting their phone's screen.  Still not an elegant solution, but better than nothing.  I wonder why you need their app store to watch their video content.  I already have Amazon Music and Amazon Prime apps, seems silly to need the app store to watch video 0.o."}
{"_id": "71186", "title": "", "text": "\"Horseshit, for one it isn't the CEO that has to be a minority in these preference contracts it's the shareholders so we know you're full of shit.  Second, no company is *banned* under any of these schemes because of the race of even shareholders. Even the suggestion is fucking ridiculous because that would clearly violate the 14th amendment.   The federal gov and state governments have TONS of vendors for which a small percentage they've decided they want to make a conscious effort of hiring minority and women owned contractors. THIS DOES NOT MEAN THEY WILL NOT ACCEPT WHITE CONTRACTORS. It means that after bids are submitted they might still consider a minority or women owned bid that doesn't come in at the lowest price. In any case it's usually a small sliver of total contracts. If you're wondering why they do this for minorities and women, they do it for a bunch of different categories including veterans and small businesses. It's a feel good story.  Your company did not lose a contract because your CEO is white, that is just a fucking lie. Your company might have lost a bid to a woman or minority owned contractor. To which, I say \"\"tough.\"\" You might have lost the contract anyway to another bidder. Maybe your work wasn't as good as you say. We have no way to know without knowing your bid and their bid and if they are in fact minority owned.  So as of now you're just some guy bitching about losing his job on the internet. Go somewhere with that bullshit.\""}
{"_id": "71204", "title": "", "text": "Regarding the Summer of 2011 Crisis: There is NO reason that the United States cannot continue borrowing like it is just based on a particular ratio:  Debt to GDP. The Debt to GDP ratio right now is around 100%, or 1:1. This means the US GDP is around $14 Trillion and its debt is also around $14 trillion.  Other countries have higher debt:gdp ratios Japan - for instance - has a debt:gdp ratio of 220% Regarding a selloff of stocks, dollars and bonds: you have to realize that selling pressure on the dollar will make THE PRICE OF EVERYTHING increase. So commodities and stocks will skyrocket proportionally. The stockmarket can selloff faster than the dollar though. And both markets have circuit breakers that can attempt to curb quick selloffs. Effectiveness pending."}
{"_id": "71205", "title": "", "text": "\"I was surprised to learn that \"\"blocking and tackling\"\" was supposed to be a football metaphor. I always thought it was referring to a system of ropes and pulleys ([block and tackle](http://en.wikipedia.org/wiki/Block_and_tackle)). I always thought it was just a synonym for \"\"execution\"\" / hard work, since block and tackle is a symbol for direct, physical labor. This is what I get for avoiding sports in high school.\""}
{"_id": "71219", "title": "", "text": "This depends on: Here in the US where I am, interest rates were around 3.9% when I fixed my mortgage. This underperforms the market, e.g., a total market ETF like $VTI or an SP500 ETF like $VOO have expected returns of ~7+%, the current market growth rate. So, in theory I am better off paying into the market, and making returns greater than my interest rate, rather than paying into the equity.  HOWEVER, past market returns do not guarantee future market returns. The market could reset. It could crash. Are you willing to accept this risk? You have to analyze what happens if the market suffers say a 30% correction and you lose a lot of money quickly.  I would certainly not invest in individual (non-ETF) stocks, or you are really exposing yourself to risk."}
{"_id": "71230", "title": "", "text": "\"Assuming that the ETF is tracking an index, is there a reason for not looking at using details on the index?  Typically the exact constituents of an index are proprietary, and companies will not publish them publicly without a license.  S&P is the heavyweight in this area, and the exact details of the constituents at any one time are not listed anywhere.  They do list the methodology, and announcements as to index changes, but not a full list of actual underlying constituents. Is there a easy way to automatically (ie. through an API or something, not through just reading a prospectus) get information about an ETF's underlying securities? I have looked for this information before, and based on my own searches, in a word: no.  Index providers, and providers of APIs which provide index information, make money off of such services.  The easiest way may be to navigate to each provider and download the CSV with the full list of holdings, if one exists.  You can then drop this into your pipeline and write a program to pull the data from the CSV file.  You could drop the entire CSV into Excel and use VBA to automagically pull the data into a usable format. For example, on the page for XIU.TO on the Blackrock site, after clicking the \"\"All Holdings\"\" tab there is a link to \"\"Download holdings\"\", which will provide you with a CSV.  I am not sure if all providers look at this. Alternatively, you could write the ETF company themselves.\""}
{"_id": "71232", "title": "", "text": "Nice idea, but you will have a potential problem. State lawmakers have already considered this option: I looked at this site: Saving for college because it include info for on all the plans. For Illinois it discuses income tax recapture. Effective January 1, 2007, rollovers from this plan to an out-of-state   program are included in Illinois taxable income to the extent of prior   Illinois deductions. Effective January 1, 2009, nonqualified   distributions from this plan are included in Illinois taxable income   to the extent of prior Illinois deductions. Most of the states have similar wording. When looking up the law the key word is recapture. The reason why there is no recapture provision at the federal level is that there is no tax deduction on contributions. The 10% penalty make it less likely that somebody would want to have nonqualified distributions. If a state gives a tax deduction in the year of the contribution they want to demand that tax deduction back if the funds are not used for educational purposes. Generally there are of course provisions for scholarships, death, and disability."}
{"_id": "71253", "title": "", "text": "\"The usual approach is to set up a \"\"Friends of X Park\"\" charity.  The charity raises money and then donates it towards work done in the park.  Here's an example that's local to me: Friends of Hastings Country Park. There will be quite a bit of work needed to set up a new charity, so it will only be worth it if there's enough money likely to be raised.\""}
{"_id": "71257", "title": "", "text": "\"If your financial needs aren't complex, and mostly limited to portfolio management, consider looking into the newish thing called robo-advisers (proper term is \"\"Automated investing services\"\").  The difference is that robo-advisers use software to manage portfolios on a large scale, generating big economy of scale and therefore offering a much cheaper services than personal advisor would - and unless your financial needs are extremely complex, the state of the art of scaled up portfolio management is at the point that a human advisor really doesn't give you any value-add (and - as other answers noted - human advisor can easily bring in downsides such as conflict of interest and lack of fiduciary responsibility).  disclaimer: I indirectly derive my living from a company which derives a very small part of their income from a robo-adviser, therefore there's a possible small conflict of interest in my answer\""}
{"_id": "71262", "title": "", "text": "Buy a 3D printer for your son so he learn how to design, build and not be limited in any shape or form.  Some 3D printers cost less than a big Lego set (you can get a 3D printer for less than $300)"}
{"_id": "71276", "title": "", "text": "Banking is highly regulated, but you may want to have a look at Basel II which is kind of an international standard on how to create banking regulations. Your country/state may have considered this when creating its own local regulation; the United States do."}
{"_id": "71292", "title": "", "text": "Some financial planners would not advise one way or the other on a specific stock without knowing your investment strategy... if you didn't have one, their goal would be to help you develop one and introduce you to a portfolio management framework like Asset Allocation. Is a two of clubs a good card?  Well, that all depends on what is in your hand (diversification) and what game you are playing(investing strategy). One possibility to reduce your basis over time if you would like to hold the stock is to sell calls against it, known as a 'covered-call'.  It can be an intermediate-term (30-60+ months depending on option pricing) trading strategy that may require you to upgrade your brokerage account to allow option trades.  Personally I like this strategy because it makes me feel proactive about my portfolio rather than sitting on the side lines and watching stocks move."}
{"_id": "71293", "title": "", "text": "Thanks, at the moment I don't plan to do alot of trading just need to sell a few shares at the moment and might sell some more more at another point, but other than that I don't plan on touching the stock and just plan on letting it re-invest itself. Since I don't plan on doing alot of selling I don't know how much I need to worry about fee's as long as they aren't too steep."}
{"_id": "71299", "title": "", "text": "As your question appears in the second half, so will my answer.  Like you, I will provide some background.  I remember buying gasoline for $1.759 per gallon.  I am so old that I remember buying gasoline for $0.759 per gallon.  I recently paid $2.759 per gallon.  You claim that your  relative is not getting a very good return.  Some would suggest that, at $2.759 per gallon, I am not getting a very good price on gasoline.  Rates, yields, returns and the price of gas are not what they once were.  It is actually difficult to get a pretty bad return relative to the current market.  I suspect your relative is no longer getting what he used to get but he is getting a fair return. About record keeping.  Your Uncle Sam benefits at your expense when you keep poor records.  There are substantial penalties for failing to report everything.  Most high school graduates can manage one checking account, one savings account, several charge cards and about 20 CDs and stocks at different institutions with little more than the following:  a) a wall calendar b) a shoe box and c) a stack of 3 by 5 cards.  Don't misplace the shoe box.  If you can use a spreadsheet, it is even easier.  Backup your data. There are a several reasons why you shouldn't consolidate all his cash and put it in a single mutual fund account and then put together a mix of investments that work well for him.  - you are doing it backwards 1st put together a mix of investments that work well for him 2nd consolidate the assets.  Your phrasing suggests a general lack of understanding  - most CDs have penalties for early withdrawal.   - while you enjoy managing your 401K in a single online account, your older relative might not be as comfortable with a lack of paper statements (see shoe box above)  Let me tell you a little about my 401K.  x% blue chip, y% small cap, z% bonds, w% foreign stock.  Once a quarter, I change my current contribution to re-balance current value towards my target percentages.  Every 30 months or so, I consider changing my asset allocation.  The allocation considers my age, my spouses age, our childrens ages, my risk tolerance and my intermediate view of the markets.  Your mileage my vary. to recap"}
{"_id": "71307", "title": "", "text": "Reducing supply doesn't cause demand.  It may shift the equilibrium price, or supply can fall even faster than demand.  Certain goods are pretty inelastic, such as food - people will still pay for it even if the price goes up because the alternative is starving to death.  In that case you have a point that cost of production puts a price floor there.    For completely elastic goods such as bitcoin which have no intrinsic use or demand beyond people that think it is a speculative investment, it's a totally different situation.  Why is it that I find in any discussion about bitcoin the pro bitcoin side has not even a high school level understanding of basic economics?"}
{"_id": "71308", "title": "", "text": "I can do better, I can show you [sources](http://www.eeoc.gov/policy/docs/qanda_religion.html):  &gt; Religious Organization Exception: Under Title VII, religious organizations are permitted to give employment preference to members of their own religion. The exception applies only to those institutions whose \u201cpurpose and character are primarily religious.\u201d Factors to consider that would indicate whether an entity is religious include: whether its articles of incorporation state a religious purpose; whether its day-to-day operations are religious (e.g., are the services the entity performs, the product it produces, or the educational curriculum it provides directed toward propagation of the religion?); whether it is not-for-profit; and whether it affiliated with, or supported by, a church or other religious organization.  Looks like my plumbing example may have been extreme because it doesn't necessarily have a religious purpose under those terms, but to be fair neither does the fortune 500 christian insurance company, whose primary purpose is to sell insurance, I was referring to earlier whose large legal department said we were legally safe to hire only christian salesmen and board members."}
{"_id": "71317", "title": "", "text": "I get it! It was not Obama fault - it was Bush. And it's not Trump achievement - it is Obama.  What's next? As you know, in 8 years Obama never achieved GDP over 3%. Last quarter, the GDP was over 3%. Is that because of Obama, or, maybe, just maybe, because of Trump?  And the stock market breaking records: probably because of lack of faith in Trump."}
{"_id": "71329", "title": "", "text": "spammers don't want the competition, they downvote anything else.  It must be a single spam gang, or they'd be downvoting each other.  Unless maybe they called a truce among themselves.  Basically, I'm saying that spammers own this reddit.  Mods have given up?"}
{"_id": "71330", "title": "", "text": "Well, kind of XD. I usually just look through Business Week for the ADRs that are on the OTC market. I don't do anything major, but why I love them is that they have a greater reach than just ADRs on the NYSE or NASDAQ. Like for instance, if I wanted to own Thai or European stocks, many of the larger, more reputable firms are listed on the OTC market. Having said that, most other sites don't have earnings reports laid out for you. Business Week does. The only fancy thing I am interested in are options and options on futures, and Bar Chart is good for the latter."}
{"_id": "71338", "title": "", "text": "I am from India. I visited US 6-8 times on business VISA and then started 2 Member LLC. Myself and My wife as LLC Members. We provide Online Training to american students from India. Also Got EIN number. Never employed any one. Do i need to pay taxes? Students from USA pays online by Paypal and i am paying taxes in India. Do i need to pay Taxes in US? DO i need to file the Tax returns? Please guide me. I formed LLC in 2010. I opened an Office-taken Virtual office for 75 USD per month to open LLC in 2010. As there is physical virtual address, am i liable for US taxes? All my earning is Online, free lancing."}
{"_id": "71350", "title": "", "text": "There is no ideal number of stocks you should own. There are several factors you should consider though. First, how actively do you want to manage your portfolio. If you want to be very active then the number of stocks you own should be based on the amount of time you have to research the company, by reading SEC filings and listening to conference calls, so you are not surprised when the company reports every quarter. If you don't want to be very active, then you are better off buying solid companies that have a good reputation and good history of performance.  Second, you should decide how much risk you are willing to take. If you have $10,000 that you can afford to lose, then you can put your money into more risky stocks or into fewer stocks, which could potentially have a higher return. If you want your $10,000 grow (or lose) with the market, better off, again, going with the good rep and history stocks or a variety of stocks.  Third, this goes along with your risk to some extent, but you should consider if you are looking for short term or long term gains? If you are looking to put your money in the market for the short term, you will probably be looking at fewer stocks with more money in each. If you are looking for long term, you will be around 5 stocks that you swap as they reach goals you set out for each stock.  In my opinion, and I am not a financial expert, I like to stay at around 5 companies, mostly for the fact that it is about the ideal number of companies to keep track of."}
{"_id": "71360", "title": "", "text": "As long as your total doesn't exceed the per-year limit, you should be able to deposit after-tax money into your Health Savings Account. Contact the HSA administrator for details. Note that unless your employer sets this up, you'd be sending them after-tax money, which goes in the same category as other non-reimbursed health expenses, so you may not get any immediate tax savings by doing this vs. just spending the money out of pocket. However, once there us enough reserve money in your HSA for you to invest it in the same way a 401k can be invested, it will grow tax-free. So if you're putting in significantly more than you expect to withdraw any time soon, this may still be a worthwhile thing to do. Definitely talk to HR about whether you can still get it set up pre-tax... though most employers don't allow midyear changes unless there has been a significant change in your family (new wife, new kids, that sort of thing)."}
{"_id": "71369", "title": "", "text": "\"Oh, the \"\"risk management\"\" guy.  The guy who gets the call after the fact?  The guy who is a cost center; gets no credit when things go up and all the blame when things go wrong?  Ya, I know all about those from my days as a \"\"student.\"\"\""}
{"_id": "71376", "title": "", "text": "\"Holy shit!!!!  You mean sucking up all the liquidity from the real economy and giving to the banks in a funny money scheme at \"\"Head up the ass\"\" valuations for toxic assets and then forcing people to take menial jobs at a fraction of the pay, fudging the Employment data and calling it a recovery did not work?  huh?!!!  Jeepers . . .Who would thunk that\""}
{"_id": "71382", "title": "", "text": "Both the PS3 and the PS4 allows the user to swap the HDD for an SSD without voiding the warranty and step-by-step details can be found in their respective instruction manuals and online. Their examples assume you are merely swapping between different HDD but and SSD is equally suited for these systems.  Only problem, if you can call it that, is that these consoles and their games are already designed so that the storage drive isnt a massive bottlenecks but you still see a few seconds of speed improvements. Like instead of 15 second load time you see 13-14. Probably noticeable but its not a mind blowing difference and a casual user would probably not notice. If we were talking about 50% reductions it would be something most people would notice.  Its also worth mentioning that all old cart based system are SSD systems and work by you switching SSDs to play different games. These systems had extremely fast loading times but also far smaller storage when compared to disc based systems.   SSD and Hybrid SSD speed tests by IGN on PS4  http://ign.com/wikis/playstation-4/PlayStation_4_Hard_Drive_Speed_Test_Comparison  Offical guides from Sony on how to swap storage drives  https://support.us.playstation.com/app/answers/detail/a_id/362/~/upgrade-the-hard-disk-drive-(hdd)  https://support.us.playstation.com/app/answers/detail/a_id/5107/~/upgrade-ps4-hdd"}
{"_id": "71399", "title": "", "text": "One way I heard of, from a friend who ran a similar fund as yours, is to calculate $days of investment and divide the investment as accordingly.  For example, If I invested 10$ for 10 days and you have invested 20$ for 5 days. At the end of the 10th day my $day = 10*10=100, while your $day=20*5=100. If the investement has grown to 100$, the I should get $100/(100+100)*100=$50, you also should get the same. This I guess is equitable, you could try dividing the corpus with above method. It consideres the amount invested as well as the time invested for. I think by the above method, you could also handle the inbetween withdrawals."}
{"_id": "71424", "title": "", "text": "Let me add a few thoughts that have not been mentioned so far in the other answers.  Note that for the decision of buying vs. renting a home i.e. for personal use, not for renting out there's a rule of thumb that if the price for buying is more than 20 year's (cold) rents it is considered rather expensive. I don't know how localized this rule of thumb is, but I know it for Germany which is apparently the OP's country, too. There are obviously differences between buying a house/flat for yourself and in order to rent it out. As others have said, maintenance is a major factor for house owners - and here a lot depends on how much of that you do yourself (i.e. do you have the possibility to trade working hours for costs - which is closely related to financial risk exposure, e.g. increasing income by cutting costs as you do maintenance work yourself if you loose your day-time job?).  This plays a crucial role for landlords I know (they're all small-scale landlords, and most of them do put in substantial work themselves): I know quite a number of people who rent out flats in the house where they actually live. Some of the houses were built with flats and the owner lives in one of the flats, another rather typical setup is that people built their house in the way that a smaller flat can easily be separated and let once the kids moved out (note also that the legal situation for the landlord is easier in that special case). I also know someone who owns a house several 100 km away from where they live and they say they intentionally ask a rent somewhat below the market price for that (nice) kind of flat so that they have lots of applicants at the same time and tenants don't move out as finding a new tenant is lots of work and costly because of the distance.   My personal conclusion from those points is that as an investment (i.e. not for immediate or future personal use) I'd say that the exact circumstances are very important: if you are (stably) based in a region where the buying-to-rental-price ratio is favorable, you have the necessary time and are able to do maintenance work yourself and there is a chance to buy a suitable house closeby then why not. If this is not the case, some other form of investing in real estate may be better. On the other hand, investing in further real estate closeby where you live in your own house means increased lump risk - you miss diversification into regions where the value of real estate may develop very differently.  There is one important psychological point that may play a role with the observed relation between being rich and being landlord. First of all, remember that the median wealth (without pensions) for Germany is about 51 k\u20ac, and someone owning a morgage-free 150 k\u20ac flat and nothing else is somewhere in the 7th decile of wealth. To put it the other way round: the question whether to invest 150 k\u20ac into becoming a landlord is of practical relevance only for rich (in terms of wealth) people. Also, asking this question is typically only relevant for people who already own the home they live in as buying for personal use will typically have a better return than buying in order to rent. But already people who buy for personal use are on average wealthier (or at least on the track to become more wealthy in case of fresh home owners) than people who rent. This is attributed to personal characteristics and the fact that the downpayment of the mortgage enforces saving behaviour (which is typically kept up once the house is paid, and is anyways found to be more pronounced than for non-house-owners). In contrast, many people who decide never to buy a home fall short of their initial savings/investment plans (e.g. putting the 150 k\u20ac into an ETF for the next 21 years) and in the end spend considerably more money - and this group of people rarely invests into directly becoming a landlord.  Assuming that you can read German, here's a relevant newspaper article and a related press release."}
{"_id": "71427", "title": "", "text": "2 years at GS IBD and 1 years at ONEX private equity. And a few more years in PE at 3G should qualify you to be VP of finance at many (midsized) companies. Definitely crazy to here that he got to KraftHeinz but heh if 3G believes in him what do I know."}
{"_id": "71429", "title": "", "text": "\"Your agent doesn't understand what \"\"willing to sell\"\" means in the housing big market.  Willing to sell doesn't mean they can wait forever to sell. It used to be these people were moving so they had to sell their house. Now the people who own houses don't need to sell it because they can just sit around and rent it to someone.   If people are unwilling to list the house they are unwilling to sell the house.\""}
{"_id": "71459", "title": "", "text": "\"&gt;In October, I am going to owe 12 apple-bushels to \"\"the economy\"\", so isn't the 12-Loddar IOU cancelled out? Really, the 12-Loddar IOU is a pre-order.  This is the kind of stuff that will make your head spin if you try to make everything fit into analogies. You can't \"\"cancel out\"\" the value that has been created or destroyed-- those 12 loddars already bought a deer and a pair of shoes (plus you grew a bushel of apples). That's 36 loddars worth of stuff that exists in the world. (actually, it's a lot more, because you also paid farm-workers and I bought arrows and the shoemaker bought leather and that money has been spent on other things and so on).  The economic term for this concept is \"\"velocity of money\"\", and it gets into stuff that I didn't really cover above.   &gt;(b) If we take your metaphor to the modern age, handwritten IOUs won't work anymore; they have to be central-bank-printed notes;  That's not true. Handwritten IOUs are are traded pretty routinely at my friday-night poker game. Moreover, in business it's pretty common to order parts and things on a \"\"Net 30\"\" Purchase Order, meaning the buyer will send payment within 30 days of receiving the stuff, and nobody needs permission from Ben Bernanke to do that.   You actually do the same any time you buy something on a payment plan or use a \"\"bill me later\"\" type option.   It's easy to get into a routine of paychecks and bills and lose sight of the fact that everyone is actually *creating value* all the time (well, most people are). Dollars are just the markers that we use.\""}
{"_id": "71478", "title": "", "text": "\"Ha! They'll be hit with a fine and settle some civil suits and that'll be it.  - Wells Fargo committed 2 million counts of fraud.  They also went to FINRA and burned thousands of their employees who refused to play along.  They were fined about $250m.  Curiously, they were fined a lot more for selling mortgages too complicated for Joe Schmo to comprehend.  - BNP Paribas traded with Iranians despite sanctions.  \"\"Light treason.\"\" Big fine, but not enough to put them out of business.  - HSBC laundered a bunch of money for the Mexican cartels.  - CSFB, et al. helped thousands of wealthy Americans hide money from the IRS.    - In the 70s, Ford [knowingly](https://webcache.googleusercontent.com/search?q=cache:9e4X1Tnjnp4J:https://philosophia.uncg.edu/phi361-metivier/module-2-why-does-business-need-ethics/case-the-ford-pinto/+&amp;cd=2&amp;hl=en&amp;ct=clnk&amp;gl=us) sold cards that would sometimes explode if they were rear ended at 20mph. People died. The guy who led that project became the most celebrated American CEO of the 80s.   - GM knowingly sold cars with defective ignition switches. People died.  - VW installed a device to cheat on emissions tests, in effect lieing to the government every time their cars were smogged.    - BP cut corners, built a shitty rig that burned down, killed a bunch of people, and pissed crude all over the Gulf of Mexico, under an environmentally friendly Democratic president, and they're still around.  It wasn't even their only big spill that year in American waters.\""}
{"_id": "71489", "title": "", "text": "How did you achieve a job in IR? I work in FP&amp;A and IR seems way more interesting. The one IR analyst we have always has the coolest models and it seems like a fun/interesting career. There just aren't too many IR ugrads it seems."}
{"_id": "71490", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-bitcoin-funding-tezos-specialreport/special-report-backroom-battle-imperils-230-million-cryptocurrency-venture-idUSKBN1CN35K) reduced by 97%. (I'm a bot) ***** &gt; ZUG, Switzerland/NEW YORK - Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful &amp;quot;Initial coin offering,&amp;quot; in which new digital currency is parceled out to buyers.  &gt; Georg von Schnurbein, co-author of a book on Swiss foundation governance, expressed surprise over cryptocurrency ventures like Tezos setting up not-for-profit foundations in Switzerland.  &gt; Kevin Zhou, co-founder of the cryptocurrency trading fund Galois Capital, said he invested about five bitcoins in Tezos, which he considers overall one of the better ICOs.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77m6f4/special_report_backroom_battle_imperils_230/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231942 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Tezos**^#1 **foundation**^#2 **Breitman**^#3 **Reuters**^#4 **Gevers**^#5\""}
{"_id": "71491", "title": "", "text": "JP Morgan didn't need a bailout, but was forced to take it. It used those funds to buy out two other large banks, and Jamie Dimon helped save the US economy. He basically took on the role of the original JP Morgan. JP Morgan was the least complicit of the large banks, and had very little exposure to the bad mortgages that led to the crash, nor did they profit off of shorting it like Goldman did."}
{"_id": "71510", "title": "", "text": "\"Value averaging has you shift the balance of your portfolio over time, not the amount of contributions.  So you can only do it if you have a portfolio holding both risky assets (shares etc) and some cash. You start out by making a plan about how much you will contribute every month and at what rate you expect the share part of the portfolio to grow.  Perhaps based on 20th century data you think an 8% growth rate is reasonable.  Or alternatively if you know your desired final amount obviously you can work backwards to a desired rate from that. If in any month the share part is falling below its expected growth path, you would put more money into it: possibly your whole paycheck contribution plus some from the savings cash account.  On the other hand if the share component is growing \"\"too fast\"\" you would put all your additional savings into cash.  So if your investments are doing well, you're not supposed to spend the excess money, but rather to put it aside into a dedicated cash account to top up your share component when prices fall. In theory, this has the auto-levelling benefit of Dollar Cost Averaging, but even better: when prices are high, you'll automatically buy fewer shares, or even sell some; conversely when prices are low you'll buy extra shares from your reserve account. If it turns out your estimate was unreasonably optimistic, and over your lifetime shares only ever average 3%, you'll end up with an entirely share portfolio, and a bumpier ride than you might have liked.  If you have horrible luck and over your entire investing life shares return less than cash (which has happened, though not yet in the USA), then this will be worse than a standard balanced portfolio. The original book Value Averaging by Edelson has a pretty good explanation of various cases, though I would say some of the examples are worked in excessive detail. I have not implemented this myself, one reason being that the amount I'm able to save from year to year varies, as it probably does for you, and so predicting a path is not quite so simple as he assumes.  You could still do it I suppose. I think you could get a very crude approximation to this by simply directing your savings into cash when the share market's rate of growth over the last several years is above what you think is the long term average.\""}
{"_id": "71511", "title": "", "text": "\"You have to be the owner of record before the ex-dividend date, which is not the same day as the date the dividend is paid. This also implies that if you sell on or after the ex-dividend date, you'll still get the dividend, even if you no longer own the stock.  Keep in mind, also, that the quoted price of the stock (and on any open orders that are not specifically marked as \"\"do not reduce\"\") on its ex-dividend date is dropped by the amount of the dividend, first thing in the morning before trading starts. If you happen to be the first order of the day, before market forces cause the price to move, you'll end up with zero gain, since the dividend is built into the price, and you got the same value out of it -- the dividend in cash, and the remaining value in stock. As pointed out in the comments (Thanks @Brick), you'll still get a market price for your trade, but the price reduction will have had some impact on the first trade of the day. Source: NYSE Rule 118.30 Also, remember that the dividend yield is expressed in annualized terms. So a 3% yield can only be fully realized by receiving all of the dividend payments made by the company for the year. You can, of course, forget about individual companies and just look for dividends to create your own effective yield over time. But, see the final point... Finally, if you keep buying and selling just to play games with the dividends, you're going to pay far more in transaction fees than you will earn in dividends. And, depending on your individual circumstances, you may end up paying more in capital gains taxes.\""}
{"_id": "71543", "title": "", "text": "Sometimes hedging is used if you have a position and you feel the market is going against your position, so one would hedge that position in order to protect their capital and possible profits instead of closing the position and incurring capital gains tax. Personally if the market was going against a position I had open I would get out of that position and protect my capital/profits instead of using more capital to hedge against my position. I would rather take a profit and pay some capital gains tax than watch my profits turn into a loss or use up more capital to try and protect a bad position. Hedging can be useful in certain circumstances but I think if you feel the market is going against your position/s for the medium to long term you should just get out of your positions instead of hedging against them."}
{"_id": "71545", "title": "", "text": "I have only found solution for UK residents so far, see the article on This Is Money: Cheapest index-tracking funds: Trackers with the lowest charges - and the best ways to invest in them"}
{"_id": "71550", "title": "", "text": "\"Maybe it's just the silicon valley environment, but no one wants to loan growing less-established businesses jack shit around here, everyone is all about equity investments.  It seems like \"\"develop, refine, release, IPO\"\" is the only business model anyone wants to invest in.\""}
{"_id": "71552", "title": "", "text": "Let P denote the amount of the investment, R the rate of return and I the rate of inflation.  For simplicity, assume that the payment p is made annually right after the return has been earned.  Thus, at the end if the year, the investment P has increased to P*(1+R) and p is returned as the annuity payment. If I = 0, the entire return can be paid out as the payment, and thus p = P*R. That is, at the end of the year, when the dust settles after the return P*R has been collected and paid out as the annuity payment, P is again available at the beginning of the next year to earn return at rate R. We have P*(1+R) - p = P If I > 0, then at the end of the year, after the dust settles, we cannot afford to have only P available as the investment for next year. Next year's payment must be p*(1+I) and so we need a larger investment since the rate of return is fixed.  How much larger?  Well, if the investment at the beginning of next year is P*(1+I), it will earn exactly enough additional money to pay out the increased payment for next year, and have enough left over to help towards future increases in payments. (Note  that we are assuming that R > I. If R < I, a perpetuity cannot be created.)  Thus, suppose that we choose p such that P*(1+R) - p = P*(1+I)   Multiplying this equation by (1+I), we have [P(1+I)]*(1+R) - [p*(1+I)] = P*(1+I)^2 In words, at the start of next year, the investment is P*(1+I) and the return less the increased payout of p*(1+I) leaves an investment of P*(1+I)^2 for the following year.  Each year, the payment and the amount to be invested for the following year increase by a factor of (1+I). Solving P*(1+R) - p = P*(1+I) for p, we get  p = P*(R-I)  as the initial perpetuity payment and the payment increases by a factor (1+I) each year.  The initial investment is P and it also increases by a factor of (1+I) each year. In later years, the investment is P*(1+I)^n at the start of the year, the payment is p*(1+I)^n and the amount invested for the next year is P*(1+I)^{n+1}. This is the same result as obtained by the OP but written in terms that I can understand, that is, without the financial jargon about discount rates, gradients, PV, FV and the like."}
{"_id": "71553", "title": "", "text": "You may refer to project http://jstock.sourceforge.net. It is open source and released under GPL. It is fetching data from Yahoo! Finance, include delayed current price and historical price."}
{"_id": "71559", "title": "", "text": "The worst offender is the Apple logo on iPhone cases.  I mean, don't get me wrong, I actually love Apple products, but Jesus Christ why does every case have a hole *cut away from the case* so people can see the Apple Logo underneath the case?  [Every](http://www.caseswill.com/images/v/201112/stylish-beautiful-flower-back-cover-case-back-protector-for-iphone-4-4s-silver-p13228927270.jpg)  [Damn](http://www.lifeproof.com/shop/media/catalog/product/cache/1/image/9df78eab33525d08d6e5fb8d27136e95/1/3/1362-01_3.jpg)  [iPhone](http://images.askmen.com/entertainment/guy_gear/iphone-5s-accessories_1380038869.jpg)   [Case](http://cdn.shopify.com/s/files/1/0155/9531/files/iPhone_5S_back_protector.jpg)  [Has](http://www.casesinthebox.com/images/v/201204/simple-soft-tpu-back-cover-case-for-iphone-4g-4s-red-p13353660820.jpg)  [Holes](http://www.gadgetmac.com/storage/product-images/lifeproof_waterproof_iphone_5_case_back.jpg)  It doesn't make any sense, I mean I guess people want to show off the fact that they have an iPhone... but *iPhones cost the same as their equivalent Android phones*. Everytime I see one of those cases with the logo cut out I just shake my head.   People literally go up and out of their way to make sure they can advertise a company they have no stake in."}
{"_id": "71563", "title": "", "text": "\"BBB is a paid service, certainly not sterling and like all businesses, results tend to follow the money.  IMO, as a consumer info source, it's about as reliable as Yelp or other customer review sites. BBB is not dishonest, will respond to consumer feedback over time.  Years ago, back when I owned small biz, found BBB useful for both good customer relations &amp; promotion. The good sellers would pressure BBB to unlist bad actors, usually worked OK over time but not immediate.  Just like Yelp, also had to deal with some *sshole customers who would use BBB complaints in an attempt to \"\"get back\"\" and/or avoid payment, etc.  BBB listing  is one of several consumer feedback sources to consider.  Some dodgy sellers always manipulate feedback from  BBB and every other sources/sites, but it's much harder to cover poor performance up these days, info is there if you dig a bit deeper.\""}
{"_id": "71569", "title": "", "text": "You can move money in and out of the business at will, just keep track of every transaction. Ideally you'd use an accounting software like QuickBooks or similar. Create a Capital Contributions account and every time you put money into the business checking account record it as a Capital Contribution. Likewise, if you take money out of the business, it comes from your capital accounts. (You can create a separate Capital Distributions account in your accounting software, or just use a single account for contributions and distributions). Money coming in and out of those capital accounts is not taxable because you will pay taxes based on net earnings regardless of whether or not you have distributed any profits. So there's no need to make a loan to the company, which would have tax consequences. To reimburse yourself for purchases already made, submit an expense report to the company. If the company is unfunded right now, you can make a capital contribution to cover current expenses, submit the expense report, and wait until you have some profits before paying out the expense report or making any distributions. Welcome to entrepreneurship."}
{"_id": "71575", "title": "", "text": "\"There are cases where it makes sense to insure something, even if you can bear its loss.  Insurance is a tool to control risk.  One reason you might want to control risk is indeed if you cannot afford to bear it's loss.  However, there are other reasons you might wish to insure something when you look at your life in totality. Let's say you have $100 to work with, and you have an item A that costs $30. Perhaps you really need A in your life, but its clear here that you can afford to replace it, so maybe you don't insure it.  Then you get item B, which also costs $30, and item C which costs $30.  We can see that you can cover all three of these (total value $90), so one might argue that you don't need to insure it. Now let's add item D onto the plate, also at a cost of $30.  Now you're in an interesting position, with 4 items you depend on, A B C and D, which have a sum total replacement cost of $120.  Now if all of these break or are stolen, you no longer have the funds to replace them.  Of course, what are the odds that all of them break at the same time?  You may be able to do the math to determine the probability of going broke, and use that to determine whether you want to insure the item or not. Now consider that you will have to make a similar mathematical analysis for every additional purchase you make.  You will also have items which you can \"\"bear to lose\"\" but you really don't want to.  These can add a large amount of effort to every decision you make.  It may be worth getting insurance in such a case.  One could think of the purchase in two parts.  There is the part that accounts for the statistical expectation of loss, and the other is the insurance company's profits.  The profits could be thought of as paying the insurance company for a service which makes it easier for you to think through complicated decisions by removing risk.\""}
{"_id": "71597", "title": "", "text": "The calculators on this site should help: http://www.measuringworth.com/  They allow you to choose a currency (only about half a dozen are available), enter an amount and the years to compare, and then provides feedback in a table. Obviously you will need to be careful which calculator you choose. If they don't cover the currencies you are dealing with, see this site: http://projects.exeter.ac.uk/RDavies/arian/current/howmuch.html They provide numerous links that, while they don't provide sleek calculators per se, they do offer guidance on how to handle conversions  yourself. Regarding comparing the cost to something like gold, to try and help younger readers, I think it's a good idea but gold is not the ideal choice for comparison. I'd recommend something more tangible like household goods - what a Playstation would have cost in 1930s money etc. In short: the value of gold is esoteric even for most adults - concrete examples would be better."}
{"_id": "71601", "title": "", "text": "\"And my CPA is saying no way, it will cost me many thousands in taxes   and doesn't make any sense. I'd think so too. It looks like it converts from capitol gains at 14% to something else at about 35% Can be, if your gain under the Sec.1231 rules is classified as depreciation recapture. But, perhaps the buyers will be saving this way? Not your problem even if they were, which they aren't. I would not do something my CPA says \"\"no-way\"\" about. I sometimes prefer not doing some things my CPA says \"\"it may fly\"\" because I'm defensive when it comes to taxes, but if your CPA is not willing to sign something off - don't do it. Ever.\""}
{"_id": "71606", "title": "", "text": "Stuart Macfarlane Therapist According to Stuart MacFarlane, an experienced psychotherapist, depression is an illness that impacts the brain, which can negatively affect the way an individual feels, thinks and behaves. It typically causes severe feelings of sadness and a loss of interest in activities that were once enjoyable."}
{"_id": "71611", "title": "", "text": "Get used to it. This trend won't change while investors are 100% focused on quarterly results at the expense of long-term investment and growth strategies from companies. Successful businesses that don't need a large capital injection will stay the course knowing that in mid to long-term their net worth will be higher."}
{"_id": "71614", "title": "", "text": "\"&gt;As a legal matter, shareholders who purchase shares of stock in a  corporation own nothing more than that\u2014shares of stock. Similarly, bondholders own only bonds, and executives with employment contracts own their contracts. None of these types of ownership give shareholders, bondholders or executives the right to control the firm. The right to control the firm\u2019s assets and actions rests in the hands of its board of directors, and only when they act as a body and follow proper board procedures.  All this says is \"\"decisions are made by the board.\"\" This is not news, and it doesn't mean that shareholders do not own the company. Shareholders elect the board, by the way.  &gt;An important consequence of this governance structure is that shareholders not only have no legal right to control the firm, they also have no legal right to help themselves to the corporation\u2019s    assets.  Well, that's wrong.  &gt;In fact, the only time shareholders receive any funds directly from the corporation\u2019s coffers is when they receive a dividend or the corporation repurchases their shares.  Or, you know, in the case of bankruptcy.  &gt;This only happens when the directors vote to declare a dividend or a corporate repurchase.  The same directors who were appointed by shareholders.  &gt;At law, a principal has a right to control her agent. But shareholders can\u2019t exercise direct control over corporate directors.  I suppose this is true in the sense that shareholders cannot practice slavery. But shareholders can, again, vote on issues relating to the governance of the company.  &gt;It is thus wildly misleading to describe shareholders as the sole residual claimants in companies that aren\u2019t actually in bankruptcy.  This is only true if you're retarded and don't know what \"\"residual\"\" means.  &gt;This idea is supported by modern options theory. In effect, bondholders own the right to access cash flow but have sold a call to shareholders, while shareholders own the right to access the cash flow but have sold a put to bondholders. Neither shareholders nor bondholders can claim an exclusive right to \u201cown\u201d the company\u2019s cash flow, much less the company.  This is a made up explanation that doesn't mean anything. The real options model of corporate assets is that corporate debt is a risk-free bond with a short put option and equity is a call option. There is no \"\"deal,\"\" in actuality or in spirit, between debt and equity owners.  You can dismiss the article as \"\"shit.\"\"\""}
{"_id": "71622", "title": "", "text": "Mayer is stepping out and [Verizon is rebranding AOL and Yahoo as part of a new venture called Oath, led by AOL Chief Executive Officer Tim Armstrong.](https://www.reuters.com/article/us-verizon-jobs-idUSKBN18Z2EF)  I remember when nothing was going to take out Yahoo...interesting times for sure."}
{"_id": "71628", "title": "", "text": "\"Well they've \"\"created\"\" what $5trillion in the last few years?  Many people are arguing that they'd created too much not too little.  That money, the new debt being issued, just isn't being very effective and we see people/banks/corporations hoarding cash and bonds instead of investing and creating new wealth.  If everyone went out and spent their money and invested in new factories, farms, malls, or whatever, we would see tons of new jobs and the Dow at 20,000 but that isn't happening for whatever reason.\""}
{"_id": "71692", "title": "", "text": "\"Sorry no. I don't like to hear that the difference between me and the bum on the street is \"\"luck.\"\" Luck certainly makes a difference of one or two notches on the pay scale, or a few years here or there in your career. But hard work and good choices make the most of the luck we're given. Far too many piss that luck away with poor choices or no work and then look on with envy at those \"\"lucky bastards\"\" who made it big.\""}
{"_id": "71708", "title": "", "text": "I looked at this a little more closely but the answer Victor provided is essentially correct.  The key to look at in the google finance graph is the red labled SMA(###d) would indicate the period units are d=days.  If you change the time axis of the graph it will shift to SMA(###m) for period in minutes or SMA(###w) for period in weeks.  Hope this clears things up!"}
{"_id": "71709", "title": "", "text": "The rules of thumb are there for a reason. In this case, they reflect good banking and common sense by the buyer. When we bought our house 15 years ago it cost 2.5 times our salary and we put 20% down, putting the mortgage at exactly 2X our income. My wife thought we were stretching ourselves, getting too big a house compared to our income. You are proposing buying a house valued at 7X your income. Granted, rates have dropped in these 15 years, so pushing 3X may be okay, the 26% rule still needs to be followed. You are proposing to put nearly 75% of your income to the mortgage? Right? The regular payment plus the 25K/yr saved to pay that interest free loan? Wow.  You are over reaching by double, unless the rental market is so tight that you can actually rent two rooms out to cover over half the mortgage.  Consider talking to a friendly local banker, he (or she) will likely give you the same advice we are. These ratios don't change too much by country, interest rate and mortgages aren't that different. I wish you well, welcome to SE."}
{"_id": "71713", "title": "", "text": "I agree with the other comments that you should not buy/hold your company stock even if given at a discount. If equity is provided as part of the compensation package (Options/Restrictive Stock Units RSU)then this rule does not apply. As a matter of diversification, you should not have majority equity stake of other companies in the same sector (e.g. technology) as your employer. Asset allocation and diversification if done in the right way, takes care of the returns. Buying and selling on the same day is generally not allowed for ESPP. Taxation headaches. This is from personal experience (Cisco Systems). I had options issued in Sept 2008 at 18$ which vested regularly. I exited at various points - 19$,20$,21$,23$ My friend held on to all of it hoping for 30$ is stuck. Options expire if you leave your employment. ESPP shares though remain."}
{"_id": "71732", "title": "", "text": "\"The change is generally known as the Options Symbology Initiative (or \"\"OSI\"\") and there is a highly comprehensive guide to what occurred here. The basic gist of what occurred was a shift FROM: A coded system in which a shorter (3   to 5 letter symbol) could be used, but   the symbols required a data source to   determine what they meant. MSQ AD   used to be a MSFT Jan 20 option, but   you had to look up MSQ in a table to   know that. TO: A system in which much longer symbols   are needed, but they contain all the   information required to identify a   unique option: DELL 4.000 C 5/16/2010   isn't easy to type, but once you know   how to read it, it's easy to see that   it's an option on DELL, expiring on May 16th 2010, is a call (rather   than a put,) and has a strike price   of 4. As to why they did it, there are a number of benefits, but most important reason is this one:  they were running out of symbols.  The number of permutations of 3-5 letter symbols had been exceeded by the number of options that had been listed, resulting in the need to \"\"recycle\"\" symbols.   This meant that a current option symbol would be the same as an old one, in some cases on a different stock, which was wreaking havoc on historical data.\""}
{"_id": "71759", "title": "", "text": "\"See Also:  1. United States of America (USA) history lesson from Stephen Kinzer: #7b, #7c, #7d, and #7e at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/ddlcuvl  2. \"\"The Origins of the Federal Reserve\"\" by Murray N. Rothbard: #8b at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/ddlcuvl  3. James Mahaffey on nuclear/atomic power in the USA: #7d at https://np.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dfmc7kj  Source for #1, #2, and #3: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006 via https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z\""}
{"_id": "71766", "title": "", "text": "&gt;Would you take on somebody if you seriously thought this was going to happen? Would any small enterprise ever hire anyone? Equality is a nice idea but it will stifle small and slow growing businesses to the point where the only way to get started will be to take a big loan. And that is not in the interests of the economy at large.  Don't worry, there is a large number of people out there who, if they get their way, would make it illegal not to hire these people. I'm all for workers' rights, but once the pendulum swings so far in favor of the employee that it becomes detrimental to hire them unemployment is going to go up."}
{"_id": "71768", "title": "", "text": "\"Maybe it is a matter of how long a perspective you take.  If you are focused on very close things, like only the coming quarterly results, then *anything* which did not maximize cash flow might seem suboptimal.  But what if it strengthened the long term prospects of the business?  What if it contributed to a planet that did not get destroyed, thereby maintaining a better business climate (pun intended) for the future.  Clearly survival is preferable to a business than extinction.  But we make short-term choices based on kind of old ways of looking at things.  It's not \"\"profitable\"\", even though pursing short-term cash profit may lead to ruin.\""}
{"_id": "71772", "title": "", "text": "I have a Whole Foods, Walmart, 3x Kroger, 2x Publix, Traders Joes, Spruce's, and a Fresh Market within 10 minutes of driving.  I've actually started focusing on Walmart more and more because they simply have better prices on the stuff I buy most.   I might wander into Whole Wallet for some of their loss leaders but I don't think I'll move the bulk of my grocery purchases away from Walmart / Kroger."}
{"_id": "71796", "title": "", "text": "https://qz.com/783314/this-is-what-electric-cars-are-doing-to-the-lithium-market/  Yes lithium is not a rare metal, but when demands rise very fast supply tend to lag. This is why oil price hikes happened historically.  Eventually it would even put but if the production rose as quickly as you describe we would be having Lithium shortage which would translate into price hikes which would then lower to demand of such cars using those batteries"}
{"_id": "71816", "title": "", "text": "But were they bad mortgages? At the time, real estate prices were going up. The thinking was if someone defaulted, they could just foreclose on the property and recoup their money. Is that deceptive? They bundled poorer mortgages with better rated mortgages to eliminate risk. The risk was all the debtors defaulting in a short period - which happened.  Again, no financial model forecasted the worst recession since the Great Depression. Not the top financial firms, not the Federal Reserve, not the Treasury. They were all wrong."}
{"_id": "71830", "title": "", "text": "&gt;Walt Disney Co.\u2019s ambitious $5.5 billion Shanghai theme park is close to breaking even after its first full year of operations -- a mark none of its resorts have been able to hit in the last thirty years, said Chief Executive Officer Bob Iger."}
{"_id": "71834", "title": "", "text": "It has no use as a currency now, and it never will. It's a speculative asset, primarily useful for laundering money and other illicit acts. It's a bubble now, but can probably stay pretty high for quite a while with the threat of war in Asia. A ton is held in China and if Korea explodes and they take a hit a lot of people would probably go to Bitcoin."}
{"_id": "71856", "title": "", "text": "It has an anchor tenant, and a few other if I remember correctly. But yes, WTC is a huge money pit at the moment, and won't really be profitable for a while. And the toll rates are going up, but it's more complicated than just WTC, there are a lot of other projects going on that need to be funded as well."}
{"_id": "71857", "title": "", "text": "Say there are 5 people took loan of $100000 each. Those 5 people work in different jobs and have different capacity to payoff loan. Someone earning $40000 a year has higher risk to default on their payment then someone making $250000 a year.   As Bank wants to sell this CDO to investor but how would investor know what the risk factor for this CDO is. This is where rating agency comes in picture. They apparently look at the underlying asset and assign rating to this CDO say AAA, B, AA etc which give investor idea of underlying risk.   Problem here is rating agency gets paid by Bank to rate their CDO. So if a rating agency starts rating their CDO to higher risk Bank will go to next agency round the corner to get better rating and agency will lose commission. You can see the problem here.   Now if people start struggling to pay loan, bank will not get money and it cannot pay CDO holders. If house that was worth $100000 when CDO was created is devalued to say $50000 today the underlying asset is not worth as much when CDO was sold. That is what happened when market crashed in 2008 and GFC hit."}
{"_id": "71861", "title": "", "text": "Certainly, yes, a zero coupon bond can go down in price. If interest rates rise before your bond matures, the price of the bond will go down \u2013 and the longer to maturity, the more it will tend to drop.  Depending on when you bought and how much interest rates rise, you can incur a capital loss. The bond is guaranteed to be worth a certain amount at maturity as long as the issuer hasn't defaulted, but before maturity the market price of the bond will fluctuate, primarily based on interest rate movements.  In fact, zero coupon bonds are even more interest-rate-sensitive than regular bonds (which have periodic coupon interest payments.)"}
{"_id": "71864", "title": "", "text": "pension plans are not invested in the business, that's what Enron did wrong, they are invested in the open market. pension funds are risky because of market risk, mismanagement risk and other issues, not because of the risk of the company itself.  if you worked at lehman and retired you get checks from the US government now."}
{"_id": "71873", "title": "", "text": "You will lose out on your spread, you always pay a spread. Also, if you are looking at a strategy for using stop losses, try taking into account the support lines if you are going long. So, if the stock is on an upward trend but is dropping back from profit taking, your best best is to take a position closest to the next support line. You place your stop just below the support. this will give you the best chance of a winning position as most technical analysts will have looking towards the support as a buy back area. Obviously, in a bear market the opposite is true.  If you have taken your position and the market move past the first resistance line, then bring your stop to just below that line as once resistance is broken, it then becomes support. You then have a profitable position with profit locked in. Leave the position to break the next resistance and repeat."}
{"_id": "71898", "title": "", "text": "If your refund is so small (like $20 - $25), and it's not worth receiving, it can be put towards next years just to give you a slight edge."}
{"_id": "71905", "title": "", "text": "They could buy the domain a lot cheaper than the company.  They are probably trying to lock in the ability to have face.com technology always available to them as I'm assuming they have invested a fair bit on integration with them.  Saves someone like google snapping it up and shutting it down."}
{"_id": "71917", "title": "", "text": "http://www.wuug.org/read.php?13,11584 http://www.wuug.org/read.php?13,11583 http://www.wuug.org/read.php?13,11582 http://www.wuug.org/read.php?13,11581 http://www.wuug.org/read.php?13,11580 http://www.wuug.org/read.php?13,11579 http://www.wuug.org/read.php?13,11578 http://www.wuug.org/read.php?13,11577 http://www.wuug.org/read.php?13,11576 http://www.wuug.org/read.php?13,11575 http://www.wuug.org/read.php?13,11574 http://www.wuug.org/read.php?13,11573 http://www.wuug.org/read.php?13,11572 http://www.wuug.org/read.php?13,11571 http://www.wuug.org/read.php?13,11570 http://www.wuug.org/read.php?13,11569 http://www.wuug.org/read.php?13,11568 http://www.wuug.org/read.php?13,11567 http://www.wuug.org/read.php?13,11566 http://www.wuug.org/read.php?13,11565 http://www.wuug.org/read.php?13,11564 http://www.wuug.org/read.php?13,11563 http://www.wuug.org/read.php?13,11562 http://www.wuug.org/read.php?13,11561 http://www.wuug.org/read.php?13,11560 http://www.wuug.org/read.php?13,11559 http://www.wuug.org/read.php?13,11558 http://www.wuug.org/read.php?13,11557 http://www.wuug.org/read.php?13,11556 http://www.wuug.org/read.php?13,11555 http://www.wuug.org/read.php?13,11554 http://www.wuug.org/read.php?13,11553 http://www.wuug.org/read.php?13,11552 http://www.wuug.org/read.php?13,11551 http://www.wuug.org/read.php?13,11550 http://www.wuug.org/read.php?13,11549 http://www.wuug.org/read.php?13,11548 http://www.wuug.org/read.php?13,11547 http://www.wuug.org/read.php?13,11546 http://www.wuug.org/read.php?13,11545 http://www.wuug.org/read.php?13,11544 http://www.wuug.org/read.php?13,11543 http://www.wuug.org/read.php?13,11542 http://www.wuug.org/read.php?13,11541 http://www.wuug.org/read.php?13,11540 http://www.wuug.org/read.php?13,11539 http://www.wuug.org/read.php?13,11538 http://www.wuug.org/read.php?13,11537 http://www.wuug.org/read.php?13,11536 http://www.wuug.org/read.php?13,11535 http://www.wuug.org/read.php?13,11534 http://www.wuug.org/read.php?13,11533 http://www.wuug.org/read.php?13,11532 http://www.wuug.org/read.php?13,11531 http://www.wuug.org/read.php?13,11530 http://www.wuug.org/read.php?13,11529 http://www.wuug.org/read.php?13,11528 http://www.wuug.org/read.php?13,11527 http://www.wuug.org/read.php?13,11526 http://www.wuug.org/read.php?13,11525 http://www.wuug.org/read.php?13,11524 http://www.wuug.org/read.php?13,11523 http://www.wuug.org/read.php?13,11522 http://www.wuug.org/read.php?13,11521 http://www.wuug.org/read.php?13,11520 http://www.wuug.org/read.php?13,11519 http://www.wuug.org/read.php?13,11518 http://www.wuug.org/read.php?13,11517 http://www.wuug.org/read.php?13,11516 http://www.wuug.org/read.php?13,11515 http://www.wuug.org/read.php?13,11514 http://www.wuug.org/read.php?10,11469 http://www.wuug.org/read.php?10,11468 http://www.wuug.org/read.php?10,11467 http://www.wuug.org/read.php?10,11466 http://www.wuug.org/read.php?10,11465 http://www.wuug.org/read.php?10,11464 http://www.wuug.org/read.php?10,11463 http://www.wuug.org/read.php?10,11462 http://www.wuug.org/read.php?10,11461 http://www.wuug.org/read.php?10,11460 http://www.wuug.org/read.php?10,11459 http://www.wuug.org/read.php?10,11458 http://www.wuug.org/read.php?10,11457 http://www.wuug.org/read.php?10,11456 http://www.wuug.org/read.php?10,11455 http://www.wuug.org/read.php?10,11454 http://www.wuug.org/read.php?10,11453 http://www.wuug.org/read.php?10,11452 http://www.wuug.org/read.php?10,11451 http://www.wuug.org/read.php?10,11450 http://www.wuug.org/read.php?10,11449 http://www.wuug.org/read.php?10,11448 http://www.wuug.org/read.php?10,11447 http://www.wuug.org/read.php?10,11446 http://www.wuug.org/read.php?10,11445 http://www.wuug.org/read.php?10,11444 http://www.wuug.org/read.php?10,11443 http://www.wuug.org/read.php?10,11442 http://www.wuug.org/read.php?10,11441 http://www.wuug.org/read.php?10,11440 http://www.wuug.org/read.php?10,11439 http://www.wuug.org/read.php?10,11438 http://www.wuug.org/read.php?10,11437 http://www.wuug.org/read.php?10,11436 http://www.wuug.org/read.php?10,11435 http://www.wuug.org/read.php?10,11434 http://www.wuug.org/read.php?10,11433 http://www.wuug.org/read.php?10,11432 http://www.wuug.org/read.php?10,11431 http://www.wuug.org/read.php?10,11430 http://www.wuug.org/read.php?10,11429 http://www.wuug.org/read.php?10,11428 http://www.wuug.org/read.php?10,11427 http://www.wuug.org/read.php?10,11426 http://www.wuug.org/read.php?10,11425 http://www.wuug.org/read.php?10,11424 http://www.wuug.org/read.php?10,11423 http://www.wuug.org/read.php?10,11422 http://www.wuug.org/read.php?10,11421 http://www.wuug.org/read.php?10,11420 http://www.wuug.org/read.php?10,11419 http://www.wuug.org/read.php?10,11418 http://www.wuug.org/read.php?10,11417 http://www.wuug.org/read.php?10,11416 http://www.wuug.org/read.php?10,11415 http://www.wuug.org/read.php?10,11414 http://www.wuug.org/read.php?10,11413 http://www.wuug.org/read.php?10,11412 http://www.wuug.org/read.php?10,11411 http://www.wuug.org/read.php?10,11410 http://www.wuug.org/read.php?10,11409"}
{"_id": "71924", "title": "", "text": "\"A big part of the answer depends on how \"\"beaten down\"\" the stock is, how long it will take to recover from the drop, and your taste for risk. If you honestly believe the drop is a temporary aberration then averaging down can be a good strategy to lower your dollar-cost average in the stock.  But this is a huge risk if you're wrong, because now you're going to magnify your losses by piling on more stock that isn't going anywhere to the shares you already own at a higher cost. As @Mindwin pointed out correctly, the problem for most investors following an \"\"average down\"\" strategy is that it makes them much less likely to cut their losses when the stock doesn't recover.  They basically become \"\"married\"\" to the stock because they've actualized their belief the stock will bounce back when maybe it never will or worse, drops even more.\""}
{"_id": "71925", "title": "", "text": "Former corporate M&amp;A team member here.  We wanted to do deals just as much as anyone else, that's why those teams exist.   We were definitely more disciplined than our banks, but at the end of the day we are all former bankers looking to do a deal. Plus you can only tell your CEO/CFO no so many times (believe me we did)."}
{"_id": "71926", "title": "", "text": "Like keshlam mentioned Insurance and Investment should not generally be mixed. Term Insurance is the best and cheapest insurance. This would work out better than Money Back Option you have. i.e. Take a Term Insurance for the same amount, invest the difference between the Premium of Term Insurance and Money Back option. Even if you invest this difference in Bank FD's the return is much more than what your Money Back policy gives. Pension Plans are not advisable. Although IRDA has in recent times streamlined quite a bit of it, there is still some amount that goes into commission, plus the returns from Annuity providers [the yearly payment you get after retirement] is less than what you get from FD's. i.e. currently the Annuity rates are in the range of 5-6% and one year FD's are in the range of 7-8%. The only reason one need to go with Pension plan or Money Bank plan would be if one is not financially disciplined or can't  reconcile to the fact that Term Insurance in-spite of not giving any returns is much better."}
{"_id": "71953", "title": "", "text": "They are, just now where you might expect them. They can't bring it to major cities yet, but there are some companies bringing fiber to rural areas. They are doing this where the max dsl speeds are not fast enough to be considered broadband and there is no other alternative that qualifies. There is a government grant program which gives them money to bring fiber or any broadband but there's no reason to not run fiber if you're going to the trouble. If / When these companies can become profitable enough to move into territories without the grant you will see google fiber competitors. In my town they are basically circling the city with fiber to the home just by covering the grant areas and expect to bring it in the city where we have charter, which is actually pretty good except for the upload speeds, within two years. Charter has already been upping their offerings in the area and has even doubled the speed at no cost for people in areas that are being served by the new fiber or will be soon as there is some overlap.   Fiber isn't that far off for most people, because from what I understand almost everyone lives with 2 miles of a fiber run if you have cell phone access as most all cell phone towers have fiber to them, and the way it works is odd in that no normal ISP owns the fiber, it's by other companies that have to sell access to whoever can pay for it. This is just what I've heard from some discussions with people about the fiber company here so I don't know everything, maybe someone else here has more information."}
{"_id": "71959", "title": "", "text": "Yeah,  totally,  both sides are totally equally liars since a leftist blog put words in someone's mouth -- just like the couple hundred on record,  verifiable, outright lies the elected executive branch has accrued in the last five months."}
{"_id": "71978", "title": "", "text": "Heh, it wasn't meant as a slight, moreso as a satorical comment after everyone guessed prestigious universities.     PS- I am a McGill grad and we also used Pizza &amp; beer (and of course widgets), perhaps it is a Canadian thing?"}
{"_id": "71986", "title": "", "text": "Uh, Quicken is virtually identical to MS Money. If you liked money and don't want to change, use that."}
{"_id": "71987", "title": "", "text": "\"For anyone that's curious, I had a number of chats with Quickbooks who recommended I import only the relevant business transactions from my personal account & personal credit card in order to lower the tax liability. This way money \"\"paid\"\" from the business account to myself rightly shows up as a transfer and not as income. This means when generating a tax report, it calculates the correct rate of tax to be paid based on income minus allowable expenses, regardless which account they came from.\""}
{"_id": "72021", "title": "", "text": "The fluctuation of interest rates during the next year could easily dwarf the savings this attempt to improve your credit score will have; or the reverse is true. Will the loan improve your score enough to make a difference? It will not change the number of months old your oldest account is. It will increase the breadth of your accounts. Applying for the car loan will result in a short term decrease in the score because of the hard pull. The total impact will be harder to predict.  A few points either way will generally not have an impact on your rate. You will also notice the two cores in your question differ by more than 30 points. You can't control which number the lender will use. You also have to realize the number differs every day depending on when they pull it that month. The addition of a car loan, assuming you still have the loan when you buy the house, will not have a major impact on your ability to get afford the home mortgage. The bank cares about two numbers regarding monthly payments: the amount of your mortgage including principal, interest, taxes and insurance; and the amount of all other debt payments: car loan, school loans, credit cards. The PITI number should be no more than 28%-33% of your monthly income; the other payments no more than 10%.  If the auto loan payments fit in the 10% window, then the amount of money you can spend each month on the mortgage will not be impacted. If it is too large, then they will want to see a smaller amount of your income to go to PITI. If you buy the car, either by cash or by loan, after you apply for the mortgage they will be concerned because you are impacting directly numbers they are using to evaluate your financial health. I have experienced a delay because the buyer bought a car the week before closing. The biggest impact on your ability to get the loan is the greater than 20% down payment, Assuming you can still do that if you pay cash for the car.  Don't deplete your savings to get to the 50% down payment level. Keep money for closing costs, moving expenses, furnishing, plus other emergencies. Make it clear that you can easily cover the 20% level, and are willing to go higher to make the loan numbers work."}
{"_id": "72024", "title": "", "text": "\"Not all call options that have value at expiration, exercise by purchasing the security (or attempting to, with funds in your account).   On ETNs, they often (always?) settle in cash.  As an example of an option I'm currently looking at, AVSPY, it settles in cash (please confirm by reading the documentation on this set of options at http://www.nasdaqomxtrader.com/Micro.aspx?id=Alpha, but it is an example of this).  There's nothing it can settle into (as you can't purchase the AVSPY index, only options on it).  You may quickly look (wikipedia) at the difference between \"\"American Style\"\" options and \"\"European Style\"\" options, for more understanding here. Interestingly I just spoke to my broker about this subject for a trade execution.  Before I go into that, let me also quickly refer to Joe's answer:  what you buy, you can sell.  That's one of the jobs of a market maker, to provide liquidity in a market.  So, when you buy a stock, you can sell it.  When you buy an option, you can sell it.  That's at any time before expiration (although how close you do it before the closing bell on expiration Friday/Saturday is your discretion).  When a market maker lists an option price, they list a bid and an ask.  If you are willing to sell at the bid price, they need to purchase it (generally speaking).  That's why they put a spread between the bid and ask price, but that's another topic not related to your question -- just note the point of them buying at the bid price, and selling at the ask price -- that's what they're saying they'll do. Now, one major difference with options vs. stocks is that options are contracts. So, therefore, we can note just as easily that YOU can sell the option on something (particularly if you own either the underlying, or an option deeper in the money).  If you own the underlying instrument/stock, and you sell a CALL option on it, this is a strategy typically referred to as a covered call, considered a \"\"risk reduction\"\" strategy.  You forfeit (potential) gains on the upside, for money you receive in selling the option. The point of this discussion is, is simply: what one buys one can sell;  what one sells one can buy -- that's how a \"\"market\"\" is supposed to work.  And also, not to think that making money in options is buying first, then selling.  It may be selling, and either buying back or ideally that option expiring worthless. -- Now, a final example.  Let's say you buy a deep in the money call on a stock trading at $150, and you own the $100 calls.  At expiration, these have a value of $50.  But let's say, you don't have any money in your account, to take ownership of the underlying security (you have to come up with the additional $100 per share you are missing).  In that case, need to call  your broker and see how they handle it, and it will depend on the type of account you have (e.g. margin or not, IRA, etc).  Generally speaking though, the \"\"margin department\"\" makes these decisions, and they look through folks that have options on things that have value, and are expiring, and whether they have the funds in their account to absorb the security they are going to need to own.  Exchange-wise, options that have value at expiration, are exercised.  But what if the person who has the option, doesn't have the funds to own the whole stock? Well, ideally on Monday they'll buy all the shares with the options you have at the current price, and immediately liquidate the amount you can't afford to own, but they don't have to.  I'm mentioning this detail so that it helps you see what's going or needs to go on with exchanges and brokerages and individuals, so you have a broader picture.\""}
{"_id": "72026", "title": "", "text": "Mortgage qualification is typically done based on pretax income. To keep the math easy, let's assume $10K/month gross.  A well written loan allows 28% or $2800 to be used for the mortgage and property tax. Property tax varies, but 1% is the average of the 2 states mentioned. This results in $7500/yr property or $625/mo tax leaving $2175/mo. Note here - OP stated $750K house.  $2175 will finance $450K at 4%/30 years. $2175 will finance $300K at 3.5% /15years. Let me pause here. Facts are most important to make these decisions. Unless you're clear on gross income, which may be higher, the constraints above quickly come into play.  Once the numbers are spelled out, you may find that you are qualified to only borrow $350K based on a 30 year note. Nathan's $2500 payment was correct, but for the mortgage only. Add property tax and you'd be at $3125. You'd need a gross $11,160/mo. to meet the 28% rule.  The above discussion would render any further thoughts (of mine) moot."}
{"_id": "72029", "title": "", "text": "The exact percentages depend on many things, not just location. For example, everyone needs food.  If you have a low income, the percentage of your income spent on food would be much higher than for someone that has a high income. Any budgeting guidelines that you find are just a starting point.  You need to look at your own income and expenses and come up with your own spending plan. Start by listing all of the necessities that you have to spend on.  For example, your basic necessities might be: Fund those categories, and any other fixed expenses that you have.  Whatever you have left is available for other things, such as: and anything else that you can think of to spend money on.  If you can save money on some of the necessities above, it will free up money on the discretionary categories below.   Because your income and priorities are different than everyone else, your budget will be different than everyone else, too.  If you are new to budgeting, you might find that the right budgeting software can make the task much easier.  YNAB, EveryDollar, or Mvelopes are three popular choices."}
{"_id": "72032", "title": "", "text": "The data primarily show discouraged workers dropping out of the workforce. Some are boomers but a bigger story may be women dropping out due to the assault on government jobs.   The point is that the so-called decline is not about new job creation"}
{"_id": "72046", "title": "", "text": "There are several local currency initiatives in the US list here.  Most are attempts to normalize a value as a living wage, or encourage local consumption networks.  If you are in the catchment region of one of these, see if you can get a grant or loan to get started (if you are willing to buy into the philosophy of the group such as a $10 minimum wage) m"}
{"_id": "72053", "title": "", "text": "Move to a small town in an insurance friendly state. - Certian states like Florida are considered high risk for doing business for insurance companies.   Get a (relatively)new midsize sedan in white, tan, or brown.  These colors are the least likely to get stolen and the modern midsized sedan is considered the safest vehicles to drive. Drive less than 100 miles a month - The less you drive the less likely you are to be involved in an accident Go 9 years with no claims, tickets, or late payments and maintain a valid drivers license and Insurance. Drivers who go for long periods with out incident are more likely to be safe drivers. Have an income in upper middle class.  Drivers in this bracket tend to be statistically safer drivers and are the least likely to be involved in fraud."}
{"_id": "72054", "title": "", "text": "\"Dividend-paying securities generally have predictable cash flows. A telecom, electric or gas utility is a great example. They collect a fairly predictable amount of money and sells goods at a fairly predictable or even regulated markup. It is easy for these companies to pay a consistent dividend since the business is \"\"sticky\"\" and insulated by cyclical factors. More cyclic investments like the Dow Jones Industrial Average, Gold, etc are more exposed to the crests and troughs of the economy. They swing with the economy, although not always on the same cycle. The DJIA is a basket of 30 large industrial stocks. Gold is a commodity that spikes when people are faced with uncertainty. The \"\"Alpha\"\" and \"\"Beta\"\" of a stock will give you some idea of the general behavior of a stock against the entire market, when the market is trending up and down respectively.\""}
{"_id": "72058", "title": "", "text": "I've shopped ToyRUs for years now. It was the go to store for my kids when they wanted a new toy, or just to kill time and let them see whats out before christmas shopping. I used to spend around 60-80% of my money there, then as the kids got older I shifted to around 20% with Amazon helping out so much. But this year they shut down several of the stores near me, including the one that I spent all my money at. Kmart did the same thing, and now the 2 brick and mortar stores I still spent money at are gone. I guess it's Amazon for 90% of my shopping now and target or (shudder) walmart for the rest."}
{"_id": "72071", "title": "", "text": "U.S. stocks traded slightly lower on Friday, weighed down by slumping Amazon.com shares following disappointing earnings while the main indexes were on track to finish the week with modest losses.  ... what? DJI is up 250 points over the week, S&amp;P is flat but slightly up. Whose news is this?"}
{"_id": "72088", "title": "", "text": "\"I don't think there is a law against it. For example comdirect offers multi banking so you can access your accounts from other banks through the comdirect website. My guess would be: Germans are very conservative when it comes to their money (preferring cash above cards, using \"\"safe\"\" low interest saving accounts instead of stocks) so there just might be no market for such a tool. There are desktop apps with bank syncing that offer different levels of personal finance management. Some I know are MoneyMoney, outbank, numbrs, GNUCash and StarMoney.\""}
{"_id": "72094", "title": "", "text": "People know there are lots of good colleges where you can get a 4 year degree for under $45-50K in tuition, right? It is a choice to go to a school where you will be $120K in debt. The gap between what people make who graduate college with a degree, and those who only have a HS degree continues to widen, does it not? Since graduating 4 years ago, I've never worked at a company who will hire a person without a degree."}
{"_id": "72114", "title": "", "text": "Yes please, we have been waiting for US's troops to go for a long time. Yes please, dismantle NATO and go home.  We have been living with Russia for a thousand years and we have no problem, you do.   Fight them on your own soil, if you so desire."}
{"_id": "72124", "title": "", "text": "Everyone loved McDonald's when they where younger. There was a reason for that. It WAS better back then. McD's needs to open up a few Retro McDonald's. Bring back the old fried apple pies. Fry the french fries in animal fat. Regular milk shakes instead of triple thick shakes."}
{"_id": "72131", "title": "", "text": "Since you are talking about a small firm, for the long term, it would be advisable to invest your money into the expansion - growth, diversification, integration - of your business. However, if your intention is to make proper use of your earnings in the short term, a decent bank deposit would help you to increase the credit line for your business with the benefit of having a high enough liquidity. You can also look at bonds and other such low risk instruments to protect your assets."}
{"_id": "72132", "title": "", "text": "The massive backlash against the idea of confiscation is part of what prevents the political will of people in power from shifting towards those policies. You're also correct that those who stand to profit from increased demand will milk the situation.  No need to be rude with the namecalling."}
{"_id": "72135", "title": "", "text": "Yes, you do. Since you've been a green card holder since the beginning of the year - your whole worldwide income for the whole year is taxable in the US. You can take credit for the taxes paid in the UK (use form 1116) to reduce your US tax liability."}
{"_id": "72141", "title": "", "text": "&gt; So: what do i do to have the monthly %change? I was thinking (last day of the mont CP - 1st day of the month OP)/ 1st day of the mont opening price.  No, use the same day (usually month end) of each month (i.e. December 31 vs. January 31). Use closing prices only.   Keep in mind, it may make more mathematical  sense to use LN (natural logs) to determine %-change and standard deviation.   The simplest way to compare the riskiness of each is just to compare St. Dev. You can, of course, go into more detail.   If you want to impress your professor, look up the efficient frontier and make one for each portfolio."}
{"_id": "72155", "title": "", "text": "Smartphones have been around a lot longer than Apple (and the writers of this piece) acknowledge....at least since the blackberry in 1999. There are a lot of tech pioneers Apple should thank, who sits on the shoulders of Palm, Nokia and many others."}
{"_id": "72159", "title": "", "text": "I'm not 100% familiar with the index they're using to measure hedge fund performance, but based on the name alone, comparing market returns to *market neutral* hedge fund returns seems a bit disingenuous.  That doesn't mean the article is wrong, and they have a point about the democratization of data, but still."}
{"_id": "72160", "title": "", "text": "\"If it was me, I would drop out. You can achieve a better kind of plan when there is no match.  For example Fidelity has no fee accounts for IRAs and Roths with thousands of investment choices.  You can also setup automatic drafts, so it simulates what happens with your 401K.  Not an employee of Fidelity, just a happy customer. Some companies pass the 401K fees onto their employees, and all have limited investment choices. The only caveat is income.  There are limits to the deductibility of IRAs and Roth contributions if you make \"\"too much\"\" money.  For Roth's the income is quite high so most people can still make those contributions.  About 90% of households earn less than $184K, when Roths start phasing out. Now about this 401K company, it looks like the labor department has jurisdiction over these kinds of plans and I would research on how to make a complaint.  It would help if you and other employees have proof of the shenanigans.  You might also consult a labor attourney, this might make a great class.\""}
{"_id": "72168", "title": "", "text": "The prime rate is the interest rate banks use amongst themselves to lend money to each other only. It is used as the basis (sometimes) for what interest rate banks charge you.  The prime rate is based loosely on the Fed rate.  There is a committee that meets regularly to set this and other industry interest rates. http://en.wikipedia.org/wiki/Prime_rate I am not 100% positive the following is totally accurate The banks keep our deposits and pay us interest for doing so.  They are paying us interest because they take yours, mine and everybody elses deposits as a large lump sum and invest that money.  Sometimes as business loans, sometimes as mortgages and sometimes as credit card. The banks have a book of business that will be EXACTLY how much credit they have extended to everybody.  But they do not keep that amount of cash in the vaults, only some smaller percentage of that large amount.  When I use my credit card and they need to transfer money to amazon.com, if they don't happen to have enough cash that day, they will just borrow from another bank that does, and the interest rate they pay to do so is the prime rate.  Since they are paying interest on the money they borrow to pay the debt I charged because they told me my credit was worth so much (...???...) they charge me a little bit more than that. Hence your credit card or mortgage's APR being based on the prime rate. I THINK that is what they do  If I am wrong leave a comment and I will update, or the mods can."}
{"_id": "72180", "title": "", "text": "A good quality menstrual cup is a safe and sure solution to protect the periods in a healthy and hygienic manner. The menstrual cup is inserted inside the vagina during the period which collects the nasty fluid instead of absorbing, unlike tampons or sanitary pads. Hence, they can be the called the best alternative to traditional tampons and pads."}
{"_id": "72189", "title": "", "text": "Why do people talk about stock that pay high dividends?  Traditionally people who buy dividend stocks are looking for income from their investments. Most dividend stock companies pay out dividends every quarter ( every 90 days). If set up properly an investor can receive a dividend check every month, every week or as often as they have enough money to stagger the ex-dates. There is a difference in high $$ amount of the dividend and the yield.  A $1/share dividend payout may sound good up front, but... how much is that stock costing you? If the stock cost you $100/share, then you are getting 1% yield. If the stock cost you $10/share, you are getting 10% yield.  There are a lot of factors that come into play when investing in dividend stocks for cash flow. Keep in mind why are you investing in the first place. Growth or cash flow. Arrange your investing around your major investment goals. Don't chase big dollar dividend checks, do your research and follow a proven investment plan to reach your goals safely."}
{"_id": "72190", "title": "", "text": "&gt; Left, for instance, uses his skill at Twitter to make real money; he shorts stocks, then tweets mean things about them, then they go down, even if his tweets have some errors:  lol, that sounds like a fun gig."}
{"_id": "72209", "title": "", "text": "\"1099's and other official tax forms are often reported to the IRS by the issuer, whether or not you include a copy in your return. You should not neglect to include this income in your 2016 return in an attempt to balance out the two tax years. It's up to you whether or not you feel like filing an amended 2015 return to recover over-payment of taxes from that tax year. You have up to three years to amend tax returns using form 1040X. Since you couldn't have furnished a 1099 for this when you filed your 2015 return (otherwise you wouldn't be in receipt of it for tax year 2016), I'm assuming you reported it simply as \"\"Other Income\"\" and therefore would have been [over] taxed your marginal rate on it. From irs.gov: When to amend a return.  You should file an amended return if you need to correct your filing status, number of dependents, total income, tax deductions or tax credits. The instructions for Form 1040X, Amended U.S. Individual Income Tax Return, list additional reasons to amend a return.\""}
{"_id": "72217", "title": "", "text": "The job I have now, I am lucky enough to be able to be lax.  At my last job I would have been fired if I wasn't available at all times.  I also had clients who expected me to be available whenever they called or I would lose them.  It wasn't being a doormat.  It was the definition of the job and everyone from the lowest person on the pole to the top did the same thing."}
{"_id": "72221", "title": "", "text": "\"&gt;&gt; ...if he lowers the prices of drugs, you will be against him.  &gt; You are right.  You should have said it in the beginning of the discussion between the 2 of us. You would have saved my time.  **But, really, honestly, I knew that from the start, as you as you the first thing you gave against Trump is the ridiculous \"\"Trump Medicare\"\".**  I know your type of people: you are stuck with your opinions despite me torturing you with undeniable facts.  And I succeeded!  You said it:  &gt; Of course President Trump wants lower drug prices.\""}
{"_id": "72237", "title": "", "text": "No that is your implicit return if you hold it to maturity per year. That yield is quoted per annum. You will receive semi-annual payments base on the coupon of whatever off the run 10yr you buy. If your coupon is 2% then you will receive $10 bi-yearly. Mind you, buying a 10 year in this environment will yield a negative real return, meaning after inflation over 10 years you will have your entire principal back, but inflation adjusted it will have less purchasing power than today, meaning there isn't enough yield to make the purchase worth it.  Also about your upward slope question, yes the 30 will yield more than the 2,5,7,10. This is because longer time means more risk. Will in the future the USA be perceived as near riskless? There is also interest rate risk, and liquidity risk."}
{"_id": "72238", "title": "", "text": "230 government agencies by law have to buy treasury bonds with their excess cash. Those agencies hold 30% of the debt. The rest is by anyone else who purchased bonds on the open market when the treasury sold them. Are you fucking stupid? You think the government just printed 20 trillion dollars with nothing to back it? No hedge funds bought them. China, Japan, Britain, bought them."}
{"_id": "72240", "title": "", "text": "\"Lots of loans that are shady to say the least are advertised currently on TV in the UK. I'm happily in a situation where I don't need a loan but might be asked to be a guarantor. If anyone asked me to be a guarantor for a loan, I'd either be capable and willing to loan that money to the person myself, or I wouldn't guarantee. I'd never, ever in a million years be a guarantor.  There is one company in particular offering loans \"\"the good old-fashioned way\"\" asking for 49.9% interest with a guarantor. That is an interest rate that can bankrupt the guarantor. If you take the loan with me as the guarantor, and you decide that you are not interested in paying back the loan, I'm stuck with this loan. So since the guarantor must trust you, if he or she is established in the UK, the best thing to do would be for them to take a loan from a bank (or any supermarket nowadays will give you a loan at a decent rate) in their own name, give the money to you, and hope that you pay back the money. I'm equally responsible for repayment whether I'm guarantor or whether the loan is in my name, so I'd get that loan at a decent rate from a reputable bank.\""}
{"_id": "72251", "title": "", "text": "Indian exporters run a chain of dangers when entering into new foreign lands with their new products. Exportation of products helps in growing national economies and expanding the international market. For more information simply visit our website now: https://www.seair.co.in/indian-export-data.aspx"}
{"_id": "72255", "title": "", "text": "That video is 26 minutes long. I much prefer print for anything important. I could read a dozen articles in that time.  Searching for Chaos Theory on that site got me a book. Can you send me the essays or an article you think shows that police and courts can be privatized? I am deeply skeptical."}
{"_id": "72261", "title": "", "text": "Can you imagine if Twitter embraced the platform as Trump is trying to use it? They could officially become the digital fireside chat.   Instead? Virtue signaling about ideology. How many shareholder revolts have there been at this point? You can't take such hardline stances while your financials are in the toilet."}
{"_id": "72276", "title": "", "text": "There are lots of options out there  * Buy index funds and non industry-specific ETFs   * invest with financial managers and hedge funds (who are bound by laws)  * Invest in real estate and small business   Etc.  The real abuse comes from buying specific equities poised to benefit from policy. And it's a cancer on both sides of the aisle."}
{"_id": "72289", "title": "", "text": "Correct. By putting expenses on to a credit card which does not charge interest during the grace period, and paying that balance every month, in effect you earn interest on money you've already spent. However, first, savings account interest is something like .05% right now depending on your bank. Yeah it's money, but seriously, that's 4 cents per month on $1000.  Second, two things can make this very wrong. If you carry a balance, you'll pay much more in interest than you'd get from practically any investment you could make with the cash in the meantime. Second, a debit card can be used to get cash you already have from an ATM (not everyone takes credit, you know), and it'll cost you little or nothing. Use a credit card for the same purpose and you're paying 40% from the second the money comes out of the machine. Also correct. Rewards cards earn you more the more they're used. That's because the card issuer makes money based on usage; they get 3% of each transaction. They're happy to turn 1% of that, up to a limit or subject to a spending floor, back around to you. Again, check the terms and conditions. Most cards have a limit on total rewards. Many of them also have fees, either while you hold the card or when you try to redeem the rewards. Look for a card with high limits or no limits on rewards from spending, and with no annual fee or reward redemption fee. In addition to the above, you build good credit history with good spending patterns. However, your credit score can fluctuate wildly, because on one day you have very low leverage (percent of credit limit used), and on the next you've bought $200 in groceries and so your leverage went up 20% on a card with a $1000 limit. Leverage under 10% is good, leverage under 40% is OK and leverage over that starts looking bad. With a $1000 limit, with you maxing it out and then paying it off, your credit score can fluctuate by 30 points on any given day."}
{"_id": "72291", "title": "", "text": "Assuming this is a public company, i'd recommend reading the analyst calls from the last several quarters. This will give you an idea of what investors, and therefor likely the board and senior leadership, are focused on at a very high level. Youre an intern, so dont feel like you need to blow the doors off, but showing that you are aware of the company's major objectives and asking some thoughtful questions about them is probably a good start."}
{"_id": "72293", "title": "", "text": "You can be fairly certain that the patent was assigned to Sanofi in exchange for a portion of the revenues or profits, thus generating a return for the investment the Walter Reed Army Institute for Research made.  As to the selling price of the vaccine, that is a different matter. Unlike most western countries, the US doesn't impose price controls on medications, regardless of patent status."}
{"_id": "72301", "title": "", "text": "If your taxes aren't going to healthcare, they are going for something else. Taxes won't go away even if we eliminate Medicaid, Medicare, social security and the EPA. Politicians are very good at spending money, so they will find a place for your taxes.   The argument isn't taxes or charity. It's where should taxes be spent for the most good. What will keep the US leading the rest of the world? It isn't charity. It is democracy, standards of living and defense spending."}
{"_id": "72315", "title": "", "text": "\"Me: \"\"they pay it as regular income **rather than LTCG**\"\"  You: \"\"There's no LTCG tax on Roth accounts.\"\"  Me: \"\"they pay it **as regular income** rather than LTCG\"\"  You: \"\"You're only taxed once on the money\"\"  Me: \"\"**they pay it as regular income rather than LTCG**\"\"  You: \"\"The main advantage of 401ks is that you don't ever pay capital gains tax.\"\"  Congrats, you managed to say **exactly** what I did, with at least two completely irrelevant asides (I never mentioned Roth *or* taxable funds - Though what I said *does* also apply to Roth, despite your increasingly curious protestations).  But please, keep digging...\""}
{"_id": "72321", "title": "", "text": "Form 10-K is filed by corporations to SEC. You must be thinking of form 1065 (its schedule K) that a partnership (and multi-member LLC) must file with the IRS. Unless the multi-member LLC is legally dissolved, it must file this form. You're a member, so it is your responsibility, with all the other members, to make sure that the manager files all the forms, and if the manager doesn't - fire the manager and appoint another one (or, if its member managed - chose a different member to manage). If you're a sole member of the LLC - then you don't need to file any forms with the IRS, all the business expenses and credits are done on your Schedule C, as if you were a sole propriator."}
{"_id": "72334", "title": "", "text": "I didn't say she was qualified for the job; merely that her undergraduate degree doesn't determine her qualification. Again, reading comprehension, please.  If you don't see the value in HR, this merely demonstrates that you haven't worked in effective organizations and/or are too inexperienced to understand what they do and how to work with them to benefit from their value.  And to your deleted comment, again, I'm not myself in HR and you would know that if you were reading and understanding my comments."}
{"_id": "72355", "title": "", "text": "\"Another factor to consider, beyond the fact that growth and volatility go together, is that the times when many people will need to liquidate their investments will correlate with the times that many other people need to liquidate their investments, and such correlation will push down the immediate value of those investments. While certificates of deposit have penalties for early withdrawal, one can establish up front what the worst-case penalty would be for cashing it in at the most inopportune time.  By contrast, stocks offer no such assurance.  Stocks sometimes have weird downward spikes that may be short-lived, but if life circumstances force one to liquidate stocks during such a downward spike the \"\"penalty\"\" can be much larger than on a CD.\""}
{"_id": "72360", "title": "", "text": "The first step I would do is determine the asset class mixture for your current portfolio and the mixture for your new one. If they are the same and all you are doing is changing the funds that you use to invest in that mixture of asset class then just do the change all at once. In this case there is no market risk as you are just swapping funds (hopefully to ones that you feel will better track the underlying asset classes).  If you are also changing your asset class mixture, then it depends on how large the change is. I would still do the whole change at once. But if you are worried about fluctuations then you could slowly rebalance into your final position by taking a couple of intermediary steps. I would still change all of the fund first but maybe in a mix closer to your current asset mix and then over the next couple of months adjust the ratios to reach your final desired asset mix."}
{"_id": "72365", "title": "", "text": "You should seek the help of a financial consulting company when your long-term savings plan, which you were grossly misled about and was neglected / mismanaged by the OP and is now worth half the face value of your investments to date."}
{"_id": "72372", "title": "", "text": "Stock values are generally reflective of a company's overall potential; and to some extent investor confidence in the prospect of a continued growth of that potential. Sales over such a short period of time such as a single weekend do not noticeably impact a stock's valuation.  A stock's value has more to do with whether or not they meet market expectations for sales over a certain period of time (generally 1 quarter of a year) than it does that they actually had sales (or profits) on any given day. Of course, catastrophic events, major announcements, or new product releases do sometimes cause significant changes in a stock's value.  For this reason you will often see stocks have significant volatility in periods around earnings announcements, merger rumors, or when anything unexpected happens in the world that might benefit or hurt their potential sales and growth. But overall a normal, average weekend of sales is already built into the price of a stock during normal trading."}
{"_id": "72375", "title": "", "text": "\"I think your best bet here would be HSBC.  They will provide the required currencies, credit/debit cards, and very easy to use online banking transfers.  This includes an online \"\"Global Account View\"\" which features all of your accounts on a single screen and allows you to \"\"drag and drop\"\" money between accounts. Regarding fees, I suspect you will need to be a \"\"Premier Account\"\" holder in order to avoid any fees imposed on transactions such as money transfers and exchanging money between currencies.  In my experience HSBC offers extremely good exchange rates when exchanging \"\"large\"\" amounts of money ( greater than $10,000 / GBP 5,000 ).  Exchanging small amounts will carry a larger spread but still much better than most banks offer. In my experience, exchanging GBP 5000 will have a spread of about 0.50-to-0.75 percent, while exchanging more than GBP10,000 will have a spread of as little as 0.10-to-0.20 percent. In order to qualify for a \"\"Premier Account\"\", if my memory of HSBC UK serves me correctly, you will need to have at least GBP 50,000 net across all of your HSBC managed accounts, including stockbroking and other investment accounts. In order to open a banking Swiss account, you will need to travel to Switzerland and apply in person.  You cannot open a foreign bank account remotely.  With a foreign investment account, I believe you can open accounts remotely.  For example, I opened an account with Fidelity Switzerland using my Fidelity UK account directly from the UK, however obviously Fidelity does not provide banking services so this is not of interest to you. The simplest thing to do is to visit your local HSBC branch and discuss it with them in person. Other UK banks, such as Barclays, will also provide such services, but in my experience they are not as competitive on fees.\""}
{"_id": "72382", "title": "", "text": "If you read the entire proposal it's a very long term plan. This would basically equal or potentially surpass Seattle. To surpass Seattle you'd need a major metro area larger than Seattle, there are only a few of those. I don't think they would pick an area smaller than Seattle unless they had plans to literally grow a metro area from themselves (which is entirely possible).   The total infrastructure of a major metro area means x # of local people at the educational, experience and income income levels. Real estate should be equal or favorable.   LA has everything besides a favorable tax envionment. Public metro could also be a problem. Everything else is unique confluences of all of the requirements.  It really depends on what industries will be their focus. Amazon fresh obviously with Whole foods like AWS and their ecom being the largest customer of AWS allowing them to earn large customers like the CIA.  I think it would be wise to think in terms of driverless vehicles, drones and 3d printed or fabricated automatic manufacturing and energy in addition to grocery and pharmaceutical.  Being near to customers has been one of their primary vectors since forever. Major metro area heat maps would be a good place to start."}
{"_id": "72386", "title": "", "text": "There may be a delay in the hospital's administration processing the payment or they may have misplaced or lost the payment paperwork details. You will just need to keep checking your statement in case the payment still comes through at a later date."}
{"_id": "72391", "title": "", "text": "As far as accounting  goes, if you speak with a CPA, you may be able to reduce the business tax liability.  So... the company buys the truck, deducts it, and the adjusted gross income drops, so he'd pay less tax.  Or something.  You said anything helps, hope you meant it!"}
{"_id": "72397", "title": "", "text": "You can't find any more hidden gems or any popular recent movies on Netflix anymore.  Their library has shrunk by 50% since 2012. Going to /r/netflixbestof is an exercise in futility.   [The Netflix library has collapsed 50% in total title count since 2012](http://exstreamist.com/the-numer-of-titles-in-the-netflix-library-is-down-50-over-the-past-four-years/)"}
{"_id": "72402", "title": "", "text": "No, the situation is not different, the roll-over rules are the same. It won't be taxable (as opposed to traditional to Roth roll-over), but other than that it's the same. Whether the 401k allows rolling over or not while you're still employed - you have to check with the plan administrator (ask your payroll/HR for details). Usually, the deferred compensation cannot be rolled over out of the 401k while you're still employed."}
{"_id": "72418", "title": "", "text": "... can someone explain to me why vanguard of all companies would be asking for this? If they're a company based on broad index funds, then whether or not exxon or Chevron or whoever else has climate change risk is irrelevant to that model, right?"}
{"_id": "72426", "title": "", "text": "It's hard to be disciplined when the money is right there to be spent. So what you should do is have two bank accounts. One for savings and one for spending. Figure out how much you need to spend per week and have your pay automatically deposit that much into the spending account and divert the rest into these accounts.  Never touch your savings account unless it is an emergency or whatever. In fact, if you really want, you should put it as a termed deposit which you can't touch. As the only thing you see is your spending balance, you'll be forced to get used to living within your means. After a while, you're going to forget that you have that savings account at all."}
{"_id": "72441", "title": "", "text": "\"A fair point, but I think it's also reasonable for Atheists to stand up and say something when culture blindly equates having religion with being good (and atheism therefore implicitly bad). If no one points it out when people use sayings like \"\"finding god\"\" to mean to reforming, it will never change.\""}
{"_id": "72445", "title": "", "text": "For most major banks, wire transfers are simple, if expensive, to arrange.  For example, I can initiate an international wire transfer from my online banking portal."}
{"_id": "72446", "title": "", "text": "It's important to distinguish between speculation and investing. Buying something because you hope to make money on market fluctuations is speculation. Buying something and expecting to make money because your money is providing actual economic value is investing.  If Person A buys 100 shares of a stock with the intent of selling them in a few hours, and Person B buys 100 shares of the same stock with the intent of holding on to it for a year, then obviously at that point they both have the same risk. The difference comes over the course of the year. First, Person B is going to be making money from the economic value the company provides over the whole year, while the only way Person A can make money is from market fluctuation (the economic value the company provides over the course of an hour is unlikely to be significant). Person B is exposed to the risk of buying the stock, but that's counterbalanced by the profit from holding the stock for a year, while Person A just has the risk. Second, if Person A is buying a new stock every hour, then they're going to have thousands of transactions. So even though Person B assumed just as much risk as Person A for that one transaction, Person A has more total risk."}
{"_id": "72457", "title": "", "text": "\"But I think another interesting postscript to this which is relevant at this time is that the orchard wildfire isn't the only thing that can make money \"\"disappear\"\".  The use of a currency rather than a transferable note means that it can be an independent store of value, so there are perverse outcomes that can happen that can't happen with IOUs.  So say some particularly wealthy person in the village starts to hoard his money and corners a large fraction of the money supply (say he's anticipating some horrible plague).  The number of Loddars decreases, and the orchard owner starts paying his workers fewer Loddars as a result.  But their debts are denominated in \"\"old\"\" Loddars which were easier to come by, and quickly the workers are unable to pay their debts, or have to spend all their money on their debts and have none for anything else.  They default on those debts and the money \"\"disappears\"\"--but it doesn't disappear for any physical reason (the workers are doing the same amount of work), it disappears because of a shock to the monetary supply.  This is a \"\"demand shock\"\" versus the \"\"supply shock\"\" of an orchard catching on fire.\""}
{"_id": "72464", "title": "", "text": "The last time I checked (more than a year ago), Wells Fargo had the best rates and they provide next day delivery. They also have international ATMs in New York City."}
{"_id": "72510", "title": "", "text": "Asset prices are inversely related to interest rates. If you're valuing a business or a bond, if you use a lower interest rate you get a higher valuation.  Historic equity returns benefit from a falling interest rate environment which won't be repeated as interest rates can only go so low.  edit: typo"}
{"_id": "72519", "title": "", "text": "BI tapers off as you earn more. It's means tested by the tax department. Getting rid of the welfare means testing and fraud apparatus entirely. Depending on behaviour BI could save money on the current system. Especially as now there would be an explosion of fairly risk free freelancing."}
{"_id": "72529", "title": "", "text": "\"It's a form of debt issued by the United States Treasury. As the name implies, a 10-year note is held for 10 years (after which you get the face value in cash), and it pays interest twice per year. It's being used in the calculator to stand for a readily available, medium-term, nearly risk-free investment, as a means of \"\"discounting\"\" the value that the company gains. The explanation for why the discounting is done can be found on the page you linked. As a Canadian you could use the yield of comparable Canadian treasury securities as quoted by Bank of Canada (which seem to have had the bottom fall out since the new year), although I don't suppose American notes would be hard for a Canadian investor to come by, so if you wanted to be conservative you could use the US figure as long as it's higher.\""}
{"_id": "72530", "title": "", "text": "&gt;It's economics 101, increasing the minimum wage leads to only negative consequences,   Got any citations there friend?  [Why Does the Minimum Wage Have No Discernible Effect on Employment?](http://www.cepr.net/documents/publications/min-wage-2013-02.pdf)  &gt;_Economists have conducted hundreds of studies of the employment impact of the minimum wage.  Summarizing those studies is a daunting task, but two recent meta-studies analyzing the research  conducted since the early 1990s concludes that the minimum wage has little or no discernible effect  on the employment prospects of low-wage workers_  People need to realize that not everyone is capable of middle management in corporate America.  There are people who simply do not have the skill set to do it.  So they take jobs they are suitable for which happens to be retail.  So you're telling me because they don't have a certain skill set that they should be forced to live in shitty, unhealthy conditions because the company they work for is trying to cheap out on the very people who make their company run simply line the pockets of the CEO and shareholders?"}
{"_id": "72534", "title": "", "text": "Sure they do, but there's no point getting into a bidding war with the machines: it just becomes a question of whether you lose this year or next.   Employers love to use minimum wage disputes as a smokescreen for cutting labor when they automate the jobs they were going to automate anyway."}
{"_id": "72536", "title": "", "text": "&gt; an investor is more valuable to a company than an employee is.  It IS possible to run a company without investors. Now try it without workers.  &gt; Furthermore, an investor takes on risk, something an employee does not do. When I purchase CAT stock, I may very well lose everything. I am the last in the long line of creditors. However, the employee does not stand to lose anything...  Incorrect. When you invest in CAT stock you stand to lose everything *that you invested*. If you invested more than you can afford, then that's your own stupidity.  An employee risks their entire livelihood - including all income, healthcare, pensions, etc - on the hope that the company will succeed...and they have less choice about the employment (especially in these days of 'take whatever job you can get') and much less access to the financial statements and company facts that an investor would get."}
{"_id": "72549", "title": "", "text": "\"It's a risk free investment only if you have 100% warranty that you will be able to sell these stocks for a better price than what you've paid. And that's virtually impossible. I don't think there is any \"\"risk free investment\"\" when stocks are involved. You can try to minimize the risks and consider them low, but IMO it's dangerous.\""}
{"_id": "72578", "title": "", "text": "\"You are in your mid 30's and have 250,000 to put aside for investments- that is a fantastic position to be in. First, let's evaluate all the options you listed. Option 1 I could buy two studio apartments in the center of a European capital city and rent out one apartment on short-term rental and live in the other. Occasionally I could Airbnb the apartment I live in to allow me to travel more (one of my life goals). To say \"\"European capital city\"\" is such a massive generalization, I would disregard this point based on that alone. Athens is a European capital city and so is Berlin but they have very different economies at this point. Let's put that aside for now. You have to beware of the following costs when using property as an investment (this list is non-exhaustive): The positive: you have someone paying the mortgage or allowing you to recoup what you paid for the apartment. But can you guarantee an ROI of 10-15% ? Far from it. If investing in real estate yielded guaranteed results, everyone would do it. This is where we go back to my initial point about \"\"European capital city\"\" being a massive generalization. Option 2 Take a loan at very low interest rate (probably 2-2.5% fixed for 15 years) and buy something a little nicer and bigger. This would be incase I decide to have a family in say, 5 years time. I would need to service the loan at up to EUR 800 / USD 1100 per month. If your life plan is taking you down the path of having a family and needed the larger space for your family, then you need the space to live in and you shouldn't be looking at it as an investment that will give you at least 10% returns. Buying property you intend to live in is as much a life choice as it is an investment. You will treat the property much different from the way something you rent out gets treated. It means you'll be in a better position when you decide to sell but don't go in to this because you think a return is guaranteed. Do it if you think it is what you need to achieve your life goals. Option 3 Buy bonds and shares. But I haven't the faintest idea about how to do that and/or manage a portfolio. If I was to go down that route how do I proceed with some confidence I won't lose all the money? Let's say you are 35 years old. The general rule is that 100 minus your age is what you should put in to equities and the rest in something more conservative. Consider this: This strategy is long term and the finer details are beyond the scope of an answer like this. You have quite some money to invest so you would get preferential treatment at many financial institutions. I want to address your point of having a goal of 10-15% return. Since you mentioned Europe, take a look at this chart for FTSE 100 (one of the more prominent indexes in Europe).  You can do the math- the return is no where close to your goals. My objective in mentioning this: your goals might warrant going to much riskier markets (emerging markets). Again, it is beyond the scope of this answer.\""}
{"_id": "72582", "title": "", "text": "The medieval economy was market-oriented. It was totally free or only partially, but it was market-oriented.  Actually at that time it was not known of the potential that had to release or to plan the economy, reason why the economy of such was ambiguous.  A medieval city could mix different market currents: from monopolies (guilds), collectivisms (socialism, corporatism, etc.), to free market.  -  It has more of social system than a economic system. I would say that feudalism had the same economic system as capitalism, of market or free market.  Yes, they are different, but such difference is of social organization and applied ideology.  -  With socialism and communism happen something similar, they are the same (or very similar) economic system organization, the only difference is the social system involved in each one."}
{"_id": "72589", "title": "", "text": "This discussion indicates that the accounts are not reported to credit agencies, but the post is also over a year old, and who knows how reliable the information is (it's fairly well-traveled, though).  It's based on one person calling up Trans Union and E-Trade and asking people directly."}
{"_id": "72591", "title": "", "text": "\"In addition to moving to another company, youre gonna have to play the friend game, at least in my opinion. You will need support from your fellow executives both to get the job and succeed in the job. So get on a golf course, become a church member, etc of c suites youre targeting. You will need a network and the \"\"in\"\" to get a real advantage.\""}
{"_id": "72604", "title": "", "text": "Yes, orders like this are very possible.  There are nearly endless possibilities for structuring a trade.  It all comes down to whether you have the money to make the trade at the find you find a counterparty.  If you don't, the order is cancelled. Trades like this happen all day long at Goldman, BAML, Merril, UBS, etc.  And on eBay."}
{"_id": "72631", "title": "", "text": "Can you elaborate on how corporate tax cuts exactly drain the economy and destroy jobs?    I feel like, going straight off text-book, his tax-plans make sense. It's very possible that I am a really confused student. (Currently second year student)  -edit  This is my interpretation of the capital-tax-gain-cut proposed by the Trump administration based on what I have learned in Micro/Macro-Econ thus far in college:   Less capital tax = less pressure on the wealthy/entrepreneurs (since you keep bigger portion of your net income, the interest to bring back business should increase) = capital inflow back to the US.    I feel like I'm missing something big here since a lot of folks seem to be against this, and I want to understand why something is the way it is. Thank you in advance."}
{"_id": "72633", "title": "", "text": "The $500 minimum is a policy of the ASX. As such any broker that offered a different policy would not be offering direct purchase of exchange traded shares. Note however that this policy applies only to the initial purchase. From the CMC FAQs: The ASX requires a minimum parcel of $500 to be traded if you don\u2019t currently hold that particular security. Once you have $500 worth of an individual security, you can purchase any value of shares you like."}
{"_id": "72652", "title": "", "text": "A bond has a duration that can be easily calculated. It's the time weighted average of all the payments you'll receive and helpful to understand the effect a change in rates will have on that instrument.  The duration of a stock, on the other hand, is a forced construct to then use in other equations to help calculate, say, the summation of a dividend stream. I can calculate the duration of a bond and come up with an answer that's not up for discussion or dispute. The duration of a stock, on the other hand, isn't such a number. Will J&J last 50 more years? Will Apple? Who knows?"}
{"_id": "72666", "title": "", "text": "I think the most concise way to understand EV is the value of the *operating assets* of the firm. It's most generally used when using income statement or cash flow ratios that are unlevered - before applying interest expense (which if the firm is optimally financed, in theory should only impact the equity). Examples include revenue, EBIT, EBITDA, unlevered FCF, etc.  In your hypothetical scenario, you would expect the equity value of the firm to increase linearly as cash builds up. In other words, in some implausible, ceteris paribus formulation of the firm, the enterprise value should remain constant."}
{"_id": "72672", "title": "", "text": "It's legal. In fact, they are required to do this, assuming you are in fact a HCE (highly compensated employee) to avoid getting in trouble with the IRS. I'm guessing they don't provide documentation for the same reason they don't explain to you explicitly what the income thresholds are for social security taxes, etc - that's a job for your personal accountant. Here's the definition of a HCE:  An individual who: Owned more than 5% of the interest in the business at any time during   the year or the preceding year, regardless of how much compensation   that person earned or received, or For the preceding year, received   compensation from the business of more than $115,000 (if the preceding   year is 2014; $120,000 if the preceding year is 2015, 2016 or 2017),   and, if the employer so chooses, was in the top 20% of employees when   ranked by compensation. There are rules the restrict distributions from plans like 401ks. For example, treasury reg 1.401a(4)-5(b)(3) says that a plan cannot make a distribution to a HCE if that payment reduces the asset value of the plan to below 110% of the value of the plan's current liabilities. So, after taking account all distributions to be made to HCEs and the asset value of the plan, everyone likely gets proportionally reduced so that they don't run afoul of this rule. There are workarounds for this. But, these are options that the plan administrators may take, not you. I suppose if you were still employed there and at a high enough level, a company accountant would have discussed these options with you. Note, there's a chance there's some other limitation on HCEs that I'm missing which applies to your specific situation. Your best bet, to understand, is simply ask. Your money is still there, you just can't get it all this year."}
{"_id": "72677", "title": "", "text": "\"if you buy back the now ITM calls, then you will have a short term loss. That pair of transactions is independent, from a tax perspective, of your long position (which was being used as \"\"collateral\"\" in the very case that occurred). I can see your tax situation and can see the logic of taking a short term loss to balance a short term gain.  Referring to D Stanley's answer, #2 and #3 are not the same because you are paying intrinsic value in the options and the skew in #2, whereas #3 has no intrinsic value. Of course, because you can't know the future, the stock price could move higher or lower between #2 and #3. #1 presumes the stock continues to climb.\""}
{"_id": "72683", "title": "", "text": "Interesting thing is not all of this analysis is typically done by the person you are speaking with re: your mortgage.  Likely there is an economic team (at some institution or another, as many many loans are sold/distributed in some fashion), finance team, and all of them are looking at various rates etc.  Typically what is offered is matching an offsetting liability somewhere else.  So there may be cases where the spread someone is looking to pick up might be tighter or looser within institutions or types of institutions vs others, even though the overall market is at one place.  (e.g. banks vs. insurance companies).    So you may have negotiating room at a certain term, but not another, or the reverse at another firm.  One firm might have lots of 10 year money, while another might be limited, so will be picky in what they choose.  Either more conservative loan terms/ltv, or a higher spread, for example.  So many things go into the ultimate rate someone can get, but in theory the blog did a decent job."}
{"_id": "72694", "title": "", "text": "\"If the strike price closest to the underlying has high open interest, the options expiration is a bigger event.   For instance:  stock is at $20 w/ average volume of 100,000 shares per day.    20 strike has 1000 open interest.   In this example the stock will \"\"most likely\"\" pin at 20 if we were expiring tomorrow.     As u prob know, long calls at 19.90 close, turn into stock....long puts at 20.10 turn into short stock.   Option pros (high % of volume) dont want to be short or long after expiration.   Long call holders will sell above 20 to hedge, and long put holders will buy below 20.   1000 open interest is equivalent to 100,000 shares.   That's the same amount as the average volume.   Stock can't really move until after expiration.   If I am long 10 $20 calls, and short 1000 shares I am flat going into expiration.....unless the stock gets smoked and now I am synthetically long a put....Short stock + long call= Long Put Then watch out cause it was artificially locked down.\""}
{"_id": "72717", "title": "", "text": "I'm new to this, but how about putting a big part of your money into an MMA? I don't know about your country, but in Germany, some online banks easily offer as much as 2.1% pa, and you can access the money daily. If you want decent profit without risk this is a great deal, much better than most saving accounts."}
{"_id": "72722", "title": "", "text": "\"Without the specifics of the contract, as well as the specifics of the country/state/city you're moving to, it's hard to say what's legal.  But this also isn't law.se, so I'll answer this from the point of view of personal finance, and what you can/should do as next steps. Whenever paying an application fee or a deposit, you need to ensure that you have in writing exactly what you're applying for or putting a deposit in for.  Whether this is an apartment, a car, or a loan, before any money changes hands, you need to get in writing exactly what you're putting that money to. So for a car, you'd want to have the complete specifications - make, model, year, color, extra packages, and any relevant loan information if applicable.  You wouldn't just hand a dealer $2000 for \"\"a Toyota Camry\"\", you'd make sure it was specified which one, in writing, as well as the total you're expecting to pay.  Same for an apartment: you should have, in writing (email is fine) the specific unit you are putting a deposit for, and the specific rate you'll be paying, and the length of time the lease is for. This is to avoid a common tactic: bait and switch, which is what it looks like you've run into.  A company puts forth a \"\"nice\"\" model, everything looks good, you get far enough in that it seems like you're locked in - and then it turns out you're really getting a less nice model that's not as ideal as whatever you signed up for.  Now if you want to get what you originally signed up for you need to pay extra - presumably \"\"something was wrong in the original ad\"\", or something like that.  And all you can hear in the background is Darth Vader... \"\"I am altering the deal. Pray I don't alter it any further.\"\" So; what do you do when you've been bait-and-switched? The best thing to do is typically to walk away. Try to get your application fee back; you may or may not be able to, but it's worth a shot, and even if you cannot, walk away anyway. Someone who is going to bait-and-switch on you is probably not going to be a good landlord; my guess is that rent is going to keep going up beyond the level of the market, and you probably can kiss your security deposit goodbye. Second, if walking away isn't practical for whatever reason, you can find out what the local laws are. Some locations (though very few, sadly) require advertised prices to be accurate; particularly the fact that they re-advertised the unit again for the same rate suggests they are falling afoul of that. You can ask around, search the internet, or best yet talk to a lawyer who specializes in this sort of thing; some of them will be willing to at least answer a few questions for free (hoping to score your business for an easy, profitable lawsuit). Be aware that it's not exactly a good situation to be in, to be suing your landlord; second only to suing your employer, in my opinion, in terms of bad things to do while hoping to continue the relationship.  Find an alternative as soon as you can if you go this route. In the future, pay a lot of attention to detail when making application fees.  Often the application fee is needed before you get into too much detail - but pick a location that has reasonable application fees, and no extras.  For example, in my area, it's typical to pay a $25 application fee, nonrefundable, to do the credit check and background check, and a refundable $100-$200 deposit to hold the unit while doing that; a place that asks for a non-refundable deposit is somewhere I'd simply not apply at all.\""}
{"_id": "72724", "title": "", "text": "Your best bet is to look for incubators in your area. Incubators are scaled down versions of private equity firms that provide mentorship and seed money to promising startups. They are usually affiliated with a city because they are trying to attract entrepreneurs to it."}
{"_id": "72730", "title": "", "text": "I know that both Lowes and Home Depot (in Canada at least) will offer a 6 month deferred interest payment on all purchases over a certain dollar amount (IIRC, $500+), and sometimes run product specific 1 year deferred interest specials. This is a very effective way of financing renovations. Details: You've probably seen deferred interest -- It's very commonly used in furniture sales (No money down!!! No interest!!! Do not pay for 1 full year!!!)  (Personally, I think it's a plot by the exclamation point manufacturers) It works like this: Typically, I manage these types of purchases by dividing the principal by 6, and then adding 5%, and paying that amount each month.  Pay close attention to the end date, because you do not want to pay 22% interest on the entire amount.   This also requires that you watch your card balance carefully.  All payments are usually put to current purchases (i.e. those not under a plan) first, before they are applied to the plan balance.  So if you are paying 250 a month on the new floor, and run up another $150 on paint, You need to pay the entire new balance, and then the $250 floor payment in order for it to be applied correctly.  Also <shameless plug> http://diy.stackexchange.com </shameless plug>  Consider doing it yourself."}
{"_id": "72734", "title": "", "text": "A bank selling a foreclosed property would negotiate a lower cash deal, I doubt it would be that extreme, 130 vs 100.  An individual seller may give up $10K to save time and get his next home closed as well, but again, I suspect it would be rare to find that large a delta."}
{"_id": "72736", "title": "", "text": "You really can't. Credit rating is determined by financial history, and until your kids are old enough to legally sign a contract they have essentially no financial history. Interesting out-of-the-box thought, but not workable."}
{"_id": "72740", "title": "", "text": "The guy is your boss/super? I still don't understand why his lawyer would need *your* credentials. It definitely still does sound sketchy, and in the future I'd ask more questions. Personally I'd tell anyone not HR asking for something like that to piss off. You aren't a client of that guy's lawyer, if he needs anything specifically from you, he can contact you and explain it.   But what's done is done, if anything malicious happens it's definitely on him."}
{"_id": "72744", "title": "", "text": "&gt; Women have to be represented in the global economy or it'll cost the world a shit ton of $ later on.  Demonstrate how women are NOT represented in the global economy, and how this lack of representation will cost the world money later.  &gt; There's a bunch of underbanked women around the world due to laws and Everex allows them to get microloans and/or execute deals in a micro finance fashion.  Great for Everex, but I can't help but notice the practice is a bit discriminatory against men, is it not?"}
{"_id": "72747", "title": "", "text": "\"As someone who works in mental health, there is a real problem with this bullshit.   This woman wasn't taking time for \"\"mental health\"\" she was taking personal days to just relax and unwind....  The only \"\"mental health issue that could \"\"take a few days\"\" is maybe a changing of medications but that is just sick leave\""}
{"_id": "72760", "title": "", "text": "Linear algebra prior to taking diff eq or concurrent to diff eq could make a difference but physics should not be a big deal.  If you have access to Maple, you'll be able to CRUSH pretty much anything they through at you. It's a computer math system.  source: masters in math"}
{"_id": "72789", "title": "", "text": "Differences in liquidity explain why American-style options are generally worth more than their European-style counterparts. As far as I can tell, no one mentioned liquidity in their answer to this question, they just introduced needlessly complex math and logic while ignoring basic economic principles. That's not to say the previous answers are all wrong - they just deal with periphery factors instead of the central cause.  Liquidity is a key determinant of pricing/valuation in financial markets. Liquidity simply describes the ease with which an asset can be bought and sold (converted to cash). Without going into the reasons why, treasury bills are one of the most liquid securities - they can be bought or sold almost instantly at any time for an exact price. The near-perfect liquidity of treasuries is one of the major reasons why the price (yield) of a t-bill will always be higher (lower yield) than that of an otherwise identical corporate or municipal bond. Stated in general terms, a relatively liquid asset is always worth more than an relatively illiquid asset, all else being equal.  The value of liquidity is easy to understand - we experience it everyday in real life. If you're buying a house or car, the ability to resell it if needed is an important component of the decision. It's the same for investors - most people would prefer an asset that they can quickly and easily liquidate if the need for cash arises.  It's no different with options. American-style options allow the holder to exercise (liquidate) at any time, whereas the buyer of a European option has his cash tied up until a specific date. Obviously, it rarely makes sense to exercise an option early in terms of net returns, but sometimes an investor has a desperate need for cash and this need outweighs the reduction in net profits from early exercise.  It could be argued that this liquidity advantage is eliminated by the fact that you can trade (sell) either type of option without restriction before expiration, thus closing the long position. This is a valid point, but it ignores the fact that there's always a buyer on the other side of an option trade, meaning the long position, and the right/restriction of early exercise, is never eliminated, it simply changes hands. It follows that the American-style liquidity advantage increases an options market value regardless of one's position (call/put or short/long). Without putting an exact number on it, the general interest rate (time value of money) could be used to approximate the additional cost of an American-style option over a similar European-style contract."}
{"_id": "72812", "title": "", "text": "The alternatives are practically perpetual with linen suits, the search is ideal for summer, pushing it flawlessly amongst shrewd and easygoing and offering so much adaptability. In case you're hoping to keep the look keen, then match your suit with a shirt and tie mix."}
{"_id": "72843", "title": "", "text": "Depending on the organization, this sounds like a failure to manage expectations on your part.  Just because someone has VP in their title doesn't mean you have to drop everything and answer them. Especially if it is a non-urgent question.  If this is the case, then you need to go have a talk with their boss about the detriment to the company this person is causing.  It works both ways.  Unless it's the owner or the CEO, I have pushed back and managed the expectation on just about everyone I have interacted with.     It won't always work, but most times, it does.  It does depend on the organization."}
{"_id": "72845", "title": "", "text": "\"There are quite a few regulations on \"\"Insider Trading\"\". Blackouts are one of the means companies adopt to comply with \"\"Insider Trading\"\" regulations, mandating employees to refrain from selling/buying during the notified period. Once you leave the employment: So unless there is an urgent need for you to sell/buy the options, wait for some time and then indulge in trade.\""}
{"_id": "72846", "title": "", "text": "Yes, all the shares of a publicly traded company can be purchased. This effectively takes the company private so that it's no longer traded on a stock market. Here are some examples: EDIT: to answer your edited question... the corporation can issue more stock.  However that would dilute the value of existing shares.  Thus, existing shareholders must vote to allow more shares to be issued. So... in your situation yes, you'd need to wait for someone else to sell."}
{"_id": "72854", "title": "", "text": "\"To answer your question as clarified in a comment: All I wanted to know what will happen if I enter my debit card number in the sixteen digit account number they offer on the application for balance transfer. That's all. Almost certainly (subject to the particular terms and conditions of the offer), no money will move, the only question is exactly when and how they will say no. If you do it online, and their system is clever enough to look up the IIN (the first six digits) of the card number you enter, their system might learn straight away that you  have entered a debit card number (eg a card starting 431940 is a Bank of Ireland debit card). Otherwise, you'll have to wait until the request goes to their back office system, which will eventually lead to the card issuer's system being contacted, at which point it will become clear that it's a debit card, and your transfer request will be refused at that point. That said, some credit card companies do offer a \"\"Money Transfer\"\" aka \"\"Super Balance Transfer\"\", which is an offer to transfer money directly into a bank account, putting the resulting debt on the credit card. I've never seen these offered without having to call a service centre and talk to a person, though, presumably so that they can check that the details they have for you (about income etc) are still correct.\""}
{"_id": "72857", "title": "", "text": "&gt;During WWII the US government socialized many factories to support the war effort. They took statistics nerds and gave them factories to run. After the war the nerds were offered jobs in the census. Some of them went to other countries to help rebuild instead. There are statues to some of them because they helped Japan become a leading economy in relatively short order.   China is full of nerds. Their maths olympiad's teams are now all but totally dominant and they are kicking the asses of developed countries in PISA tests. My father was a physics professor - whenever he speaks to colleagues in the states they all tell him their best new talent is from the PRC.   &gt;China doesn't have that focus. They succeed out of sheer numbers. Not by refining process. That would require investing in their workforce too much and cheep disposable labor is the way they compete.   I guess that's why they send so many of their best and brightest overseas to study, or why spending such a huge amount of money on education domestically?"}
{"_id": "72860", "title": "", "text": "Seems to me the dot com market started around 1990, and amazon is still doing damage today, buying WF, crashing market for blue apron.  Do you think the crypto market is done growing at a market cap of 80B?  Seems to me that's a moderate sized business, while a market aught to be in the trillions."}
{"_id": "72861", "title": "", "text": "That's not what is entirely happening. It's two separate situations.   They don't have equal voting and some are able to vote more than once. The two investors want to keep it that way while the rest want to implement an even voting system.   The two investors have been asked to drop their lawsuit against the old CEO since he's no longer with the company but it's implied that they will continue to sue him because he still has influence and the ability to elect new board members which he recently added two.   Also it's disengrnous to say just the two investors. They are being asked to do this by the shareholders."}
{"_id": "72864", "title": "", "text": "\"And that's a fine thing to say. It's fine to say he likely had some advantages that afforded him a greater chance of 'making it' than most people. But that is by and large not the tone of the comments in not only this thread but Reddit as a whole. The comment I replied to, and the tone of the others, holds the sentiment of \"\"he was born to a wealthy family, therefore he got this job without any effort on his part and there is nothing any of us could ever do to achieve that\"\". Which is lazy and total bullshit.\""}
{"_id": "72888", "title": "", "text": "\"Former employee so I have a little insight. They are very scared of unionization and also losing their exemption in the Railway Act. This classifies FedEx as an Airline/railway company, where UPS is a ground shipping company. What that means is that FedEx has protections against unions. FedEx ground drivers are not employees, they are contractors. Some of these guys are not happy and the states were changing laws to benefit the workers in some way (i'm not entirely sure how it works). But FedEx is smart so they are reclassifying these people as \"\"Independent Service Providers\"\". They are forcing single route drivers to sell to multi-route/ISP owners. When you have an owner that owns multiple routes they ar eless likely to be pro-union and it also puts another barrier between the driver and FedEx.\""}
{"_id": "72894", "title": "", "text": "Oh of course you can fill it up in 5 seconds if that's what you mean by filling it up. I personally spend 0 seconds filling my gas car up because the gas station is on my way home from work, and I live in a state where someone else pumps my gas. So I just drive in, play on my phone, and leave. So yep, definitely less than 5 seconds."}
{"_id": "72901", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/singapore] [GIC invests in soundcloud. Soundcloud about to go belly up.](https://np.reddit.com/r/singapore/comments/6t1iir/gic_invests_in_soundcloud_soundcloud_about_to_go/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "72911", "title": "", "text": "\"Appeal to Authority - Using an authority as evidence in your argument when the authority is not really an authority on the facts relevant to the argument.  As the audience, allowing an irrelevant authority to add credibility to the claim being made.  That is what I've been getting at in my comments. You kept saying you have more experience so I brought up that I've actually studied economics. Then I immediately followed it up with that, despite my studies, that doesn't mean I'm right just like your experience doesn't mean you are correct. That was my whole point and why I brought it up. Experience or \"\"authority\"\" doesn't mean you are correct. It's like saying \"\"I'm older so I know better.\"\"  But, you kept pressing forwards with \"\"I have more experience and more academics than you,\"\" and even calling me kiddo despite not knowing my age, so I went and grabbed a link to a consensus of 600 people who are considered experts in this field that disagreed with you. Each personal individually would trump your experience, let alone 600 of them collectively.  As far as my first source, it doesn't matter. I can go find more if you want. I stand by my claims because I've also seen it elsewhere. Sorry I didn't send you 10 links instead of just one, and now I'm in mobile so I can't easily discuss it.  As far as your source that discusses academic leanings, I'm intrigued with its findings, because it appears to be reputable, and plan to look over it. I've personally said for awhile that when faced with new facts/evidence I'll consider it in regards with my position, and will change my position if the evidence appears to line up. I've done it before and I'm not so prideful to not do it again. Besides, that's what people should do instead of just digging their heels in because they don't like what they hear.\""}
{"_id": "72930", "title": "", "text": "One reason why you may have gotten this advice is that stocks have an expected real return over time, while commodities do not. Therefore, when gambling on individual stocks, odds are in your favor that they will ultimately go up over time. You may do better or worse than the market as a whole, but they will likely go up as the whole market, on average, rises over time. Commodities, on the other hand, have no expected real return. It is more zero-sum. In fact, after costs, a real loss should be expected on average, making gambling in here more risky."}
{"_id": "72953", "title": "", "text": "&gt;The iPad. Along with email and cloud-based data sharing, it\u2019s moving the world away from stacks of paper and everything needed to manage them: filing cabinets, folders, printers, cartridges, binders, highlighters, labels, sticky notes, clips, legal pads.  Paperless office hype coming to fruition is why Staples is doing poorly. Smart phones have played a more important role. Paperless systems became much more viable when people had access to email, documents and files on their phone."}
{"_id": "72960", "title": "", "text": "\"What you should do is called \"\"re-characterization\"\". See the instructions for form 8606 for details (that is also the form to use to report the incident). See example 3: You made a contribution to a Roth IRA and later recharacterized part   or all of it to a traditional IRA. Report the nondeductible   traditional IRA portion, if any, on Form 8606, Part I. If you did not   recharacterize the entire contribution, do not report the remaining   Roth IRA portion of the contribution on Form 8606. Attach a statement   to your return explaining the recharacterization. If the   recharacterization occurred in 2012, include the amount transferred   from the Roth IRA on Form 1040, line 15a; Form 1040A, line 11a; or   Form 1040NR, line 16a. If the recharacterization occurred in 2013,   report the amount transferred only in the attached statement, and not   on your 2012 or 2013 tax return. You re-characterize it back to traditional IRA contribution, which will not be deductible. You then convert it back to a Roth IRA. Basically you end up at exactly the same place, except that if you already had some gains on that amount - you'll have to pay tax on them now (for the conversion, since because of the re-characterization, it will now be gains in a traditional IRA). You should of course contact your broker to do the re characterization (reassigning of the amount and its gains from a Roth IRA account to a traditional IRA account).\""}
{"_id": "72964", "title": "", "text": "\"And please tell me what is my agenda? By alluding banks are ponzi schemes? I never made that claim.  I just saw a similarity. I was asking if the similar idea of taking money from investors and returning it (just like a ponzi scheme), but the similarity ends there apparently. In the background one is using future investors as payouts; the other uses fractional reserve banking to reinvest.  To me it seems like the latter just seems \"\"smart\"\" but idk.  That was my agenda. Finding out if my latter idea was possible and/or why its [not] a ponzi schem e and how does it differ.  I think I got the answer w the accounting equation but getting to that point was like trial by fire apparently.\""}
{"_id": "72965", "title": "", "text": "frostbank.com is the closest thing I've found, so accepting this (my own) answer :) EDIT: editing from my comment earlier: frostbank.com has free incoming international wires, so that's a partial solution. I confirmed this works by depositing $1 (no min deposit requirement) and wiring $100 from a non-US bank. Worked great, no fees, and ACH'd it to my main back, no problems/fees. No outgoing international wires, alas."}
{"_id": "72969", "title": "", "text": "My theory is that the massive swell of fear from 2008 until now has made people realize that they are never safe, and that debt is the killer.   When private sector incomes drop (loss of job, less consumer demand, etc) we cannot afford to service our debt and this leads to catastrophic default, with assets being lost to creditors. On the other hand, if you own your assets outright, a significant and long lasting drop in income can usually be sustained, or at least the assets are not lost.  In a time of high risk to income, like now, it is better to pay down debt, even if it means tightening the budget a bit. Better to lose some business/utility now than to lose it all later to creditors.  Thanks for the post, there is some interesting info in here. I also find it interesting that these world class economists are presenting these horribly ugly excel graphs."}
{"_id": "72979", "title": "", "text": "The total value of the stock market more or less tracks the total value of the companies listed in the stock market, which is more or less the total value of the US economy (since very few industries are nationalized or dominated by privately held companies). The US economy has consistently grown over time, thanks to the wonders of industrialization, the discovery of new markets, new natural resources, etc.  Thus, the stock market has continued to grow as well. Will it forever?  No.  The United States will not exist for ever.  But there's no obvious reason it won't continue to grow, at least for a while, though of course if I could accurately predict that I would be far richer than I am. Why do other countries not have the same result?  China is its own ball of wax since it's a sort-of-market-sort-of-command economy.  Japan has major issues economically right now and doesn't really have the natural or people resources; it also had a huge market bubble a while back that it's never recovered from. And many European countries are doing fine.  German's DAX30 index was at around 2500 in 2004 and is now at nearly 13000.  That's pretty fast growth. If you go back further (there was a crash ending in around 2004), you can see around the fall of the Berlin wall it was still around 2000; even going that far back, that's about an 8% annual bump.  The FTSE was also around 2000 back then, around 8000 now, which is around 5% annual growth.   Many of these indexes were more seriously hurt than the US markets in the two major crashes of this millenium; while the US markets fell a lot in 2008, they didn't fall nearly as much as many smaller markets in 2002, so had less to recover from.  Both DAX and FTSE suffered similar falls in 2002 to 2008, and so even though during good periods they've grown quite quickly, they haven't overall done as well as they could have given the crashes."}
{"_id": "72983", "title": "", "text": "My understanding is that BD is on the block b.c it isn't meeting financial targets. Masa is a big picture guy so maybe he doesnt care. I expect his new fund to snatch up a bunch more of these types of companies because he is willing to take the risk.   I dont see how he actually adds anything to BD or any other company besides cash. But his strategy has not been the home run, it has been to hit the ball into orbit."}
{"_id": "72984", "title": "", "text": "What you need to do is register as a sole trader. This will automatically register you for self assessment so you don't have to do that separately. For a simple business like you describe that's it.  Completing your self assessment will take care of all your income tax and national insurance obligations (although as mentioned in your previous question there shouldn't be any NI to pay if you're only making \u00a3600 or so a year)."}
{"_id": "73002", "title": "", "text": "An hour of lawyer's time plus an estimate, provided you know what you're going to ask and for what purpose, is going to be pretty cheap. I would start there, and he/she could probably refer you to an experienced accountant as well, which you'll also want to have on retainer more than likely."}
{"_id": "73012", "title": "", "text": "Search Engine Marketing (SEM poco chiamato come) comprende anche campagne pubblicitarie a pagamento come Google ad-parole, la costruzione del marchio, banner, viral marketing e anche alcune altre campagne gratuite come l'email marketing e Social Media Optimization (SMO chiamato come poco). Il motore di ricerca di marketing on-line d\u00e0 risultati pi\u00f9 rapidi rispetto al Search Engine Optimization."}
{"_id": "73032", "title": "", "text": "\"Schwab is a highly diversified operation and has a multitude of revenue streams.  Schwab obviously thinks it can make more off you than you will cost in ATM fees and it's probably safe to assume most Schwab clients use more services than the ATM card. It's not worthwhile to discuss the accounting of ATM/Debit/Credit card fee norms because for a diversified operation it's about the total relationship, not whether each customer engagement is specifically profitable.   People who get Schwab accounts soley for the ATM fee refunds are in the minority.  In 2016 10-k filing Schwab posted $1.8B in net earnings, 10 million client accounts with a total of $2.78T in client assets.  A couple grand in ATM fees over several years is a rounding error.  \"\"ATM\"\" doesn't even appear in the 2016 10-K.\""}
{"_id": "73057", "title": "", "text": "As far as games are concerned, I've found that piracy is often easier and less time-consuming than using the original version. I know that I have personally bought games and then installed the cracked version so I didn't have to dig out the CD every time I wanted to play a game."}
{"_id": "73060", "title": "", "text": "Where do you draw this line... isnt it lucky that you simply survived child birth? Arent we all lucky that an extention level event hasnt occured on earth? Arent you lucky that a specific sperm fertilized the egg that created you out of thousamds of others? Luck in the manner being described is typically held for scenarios that are all or mostly luck. Since it takes much more than ONLY luck for economic success - luck is not the only factor that plays a role. It is really that simple."}
{"_id": "73087", "title": "", "text": "Before you know it, winter has arrived &amp; your home isn\u2019t quite ready for it. You turn on your heating system and \u201cpfft!\u201d..nothing. Don\u2019t be left in the cold. Call Action Repair Service at 516-223-1990 &amp; we will repair your home\u2019s heating system promptly &amp; professionally. Our experienced repair technicians are experts with all types of heating systems, all makes/models."}
{"_id": "73100", "title": "", "text": "its not that hard to figure out  Please explain how arbitrarily raising employee wages would raise demand. What kind of 'demand' do you even speak of? Did you mean [Labor Demand](http://en.wikipedia.org/wiki/Labor_demand) ---I think what you talking about is [Consumer Confidence](http://en.wikipedia.org/wiki/Consumer_confidence). Please enlighten me."}
{"_id": "73106", "title": "", "text": "Funny how the baby boomers were so responsible when they got part time jobs and worked their way through college and had, relatively speaking, very little college debt. But the millennials up and decided to incur thousands of dollars in lifelong college debt for no apparent reason. How irresponsible can they be?"}
{"_id": "73143", "title": "", "text": "\"He's right, I've had several hiring managers who looked over my resume tell me to leave out my warehouse job. The pay is very good but because it's not white collar it's essentially useless for the positions I'm looking for (fintech). They've actually done sleight research on this finding callback rates for similar resumes- they look for keywords that indicate you're at a higher \"\"class.\"\" Seeing blue collar work isn't very good and, while it will give you an edge over someone with NO job, in the long run it can look very bad on your resume.\""}
{"_id": "73148", "title": "", "text": "The downsides:"}
{"_id": "73172", "title": "", "text": "I think it already came in 2008. An arbitrary definition of GDP growth hardly means we aren't in a recession now. Numberous metrics were used to identify recessions and we aren't out of woods just because the most widely accepted definition says we are doing mildly better. Any illusions of recovery are created by stimulus spending. When we run out of those bullets we are fucked again unless we have real solutions before then."}
{"_id": "73201", "title": "", "text": "You don't even need to look at WACC (which is fairly complicated as a concept) you can simply look up gearing. Both high and low gearing is bad, so even if you've got loads of cash you shouldn't just be using that to invest"}
{"_id": "73213", "title": "", "text": "Yes, I know this sort of breaks our no-politics rule but this stuff transcends politics really, this is the basic idea of the internet they're trying to take away from us here, and this will deeply deeply affect internet businesses (which, aren't most big businesses internet businesses at this point?), so when fight for the future contacted us I just had to make an announcement."}
{"_id": "73224", "title": "", "text": "\"Stock support and resistance levels mean that historically, there was \"\"heavy\"\" buying/selling at those levels. This suggests, but does not guarantee, that \"\"someone\"\" will buy at \"\"support\"\" levels, and \"\"someone\"\" will sell at \"\"resistance levels. Any \"\"history\"\" is meaningful, but most analysts will say that after six months to a year, the impact of events declines the further back in time you go. They can be meaningful for periods as short as days.\""}
{"_id": "73239", "title": "", "text": "Here's an interesting link to a discussion about an Australian investor group back in the 1990s that bought almost every combination in the West Virginia lottery.  It's pretty fascinating stuff.   How An Australian Group Cornered A Lottery I don't need to add to what's already been said here, but it's a fun story!"}
{"_id": "73252", "title": "", "text": "The FSA can only pay for expenses incurred after it was open.  This also applies in case of a mid-year change in election (such as due to marriage, divorce, child birth, etc.) For example, according to this page: You can only be reimbursed for qualifying expenses, from the election that was in place at the time the expense was incurred. So, say you had $500 available from January to June, then on July 1 had a qualifying event, you then elected $2000.  You can be reimbursed for up to $500 in expenses incurred prior to July 1, and then an additional $1500 in expenses incurred after (up to $2000 if you didn't use your full $500). More specifically, from the IRS Publication: Generally, distributions from a health FSA must be paid    only to reimburse you for qualified medical expenses you    incurred during the period of coverage. -- The HSA question is more complicated. I would talk to a tax accountant, or at minimum your benefits coordinator.  Also read the publication I linked above, the first part is about HSAs.  The short answer to your specific question: stop contributing to the HSA, unless you were contributing well under the limit of the HSA.  If you know your limit, and you know you're under it, you can continue contributing until April 15 of next year: If you fail to be an eligible individual during    2013, you can still make contributions, up until April 15,    2014, for the months you were an eligible individual. The general rule is you can contribute up to (1/12)*(your limit)*(number of months you were eligible).  So, if you changed jobs Oct 1, and you're single, then you could contribute (3250)*(1/12)*(9), or just over $2400 in total for the year.  If you've contributed less than that to date, you may continue contributing up to that amount - but again, contact your benefits coordinator or preferably a tax accountant, as the rules can be complicated. You definitely cannot deduct any expenses from the account that you incur after you are no longer eligible, and the rules on distributions are pretty complicated - and if you get it wrong, you may owe a 10% penalty on top of the tax you would normally owe, so there is significant incentive not to get it wrong."}
{"_id": "73256", "title": "", "text": "I would expect that your position will be liquidated when the option expires, but not before. There's probably still some time value so it doesn't make sense for the buyer to exercise the option early and take your stock. Instead they could sell the option to someone else and collect the remaining time value. Occasionally there's a weird situation for whatever reason, where an option has near-zero or negative time value, and then you might get an early exercise. But in general if there's time value someone would want to sell rather than exercise. If the option hasn't expired, maybe the stock will even fall again and you'll keep it. If the option just expired, maybe the exercise just hasn't been processed yet, it may take overnight or so."}
{"_id": "73260", "title": "", "text": "So in a sense, I can think of the employees / option-holders as another investor?   That makes sense - but many of the examples I'm finding online are still confusing me. Based on the example above, it seems like option-holders would be paying the same exercise price as the VC. Per [Andreesen Horowitz](https://a16z.com/2016/08/24/options-ownership/) this seems uncommon:   &gt; The exercise price of employee options \u2014 the price per share needed to actually own the shares \u2014 is often less than the original issue price paid by the most recent investor, who holds preferred stock.    In reality, would option-holders receive, say, 40% (using example above) for their $6m in exercise value due to receiving common stock, with the founder being diluted to even further?"}
{"_id": "73261", "title": "", "text": "You should probably talk to a professional tax adviser. This doesn't seem to be a common situation. From the top of my head, without being a lawyer or a tax professional, I think of it like this: The income is for year 200..., and should have been taxed then. You constructively received it then, and not claimed it. You probably had withholding from this salary that should have been reported to you then on W2 (you can get a copy from the IRS). I'd say you're to amend the return for year 200... with the new income, if it wasn't reported then. Although if more than 3 years passed (6, if its 25% or more of your gross income for that year), its beyond statute. However, as I said, I'm not a lawyer and not a professional tax adviser, so you cannot in any way rely on my opinion for anything that would result in not paying any taxes or penalties you should have. You should talk to a licensed tax professional (EA/CPA/Lawyer licensed in your State)."}
{"_id": "73281", "title": "", "text": "The article http://www.forbes.com/2008/09/15/bearstearns-lehman-compliance-pf-ii-in_js_0915soapbox_inl.html does a nice job explaining SIPC insurance coverage. The coverage is currently $500k total / 250k of which can be cash, that's the one update I'd offer."}
{"_id": "73283", "title": "", "text": "\"For diversification against local currency's inflation, you have fundamentally 3 options: Depending on how sure you are on your prediction, and what amount of money you're willing to bet to \"\"short the country\"\", you might also consider a mix of approaches from the above. Good luck.\""}
{"_id": "73286", "title": "", "text": "Share prices fall when dividends are paid out because the paid dividend (cash out) actually reduces the value of the company. Usually the share price falls by the amount of the dividend payment."}
{"_id": "73301", "title": "", "text": "Fortune Passage is the best interior designer and a renovation provider company in Malaysia. You can go for a complete renovation of your old furniture at our office. We provide the best Furniture renovation in Johor. Our professionals will ensure a brand new look to the traditional Amish made furniture. This technique is particularly beneficial in re-doing a solid piece of furniture like Amish Oak furniture. The new paint can also be supplemented by glazes, crackled paint etc."}
{"_id": "73310", "title": "", "text": "One of many things to consider is that in the United States student loan interest is tax deductible. That fact could change the math enough to make it worth putting A's money elsewhere depending on his interest rate and income bracket."}
{"_id": "73321", "title": "", "text": "The stock market is generally a long term investment platform.  The share prices reflect more the companies potential to be profitable in the future rather than its actual value.  Companies that have good potential can over perform their actual value.  We saw this regularly  in the early days of the internet prior to the .com bust.  Companies would go up exponentially based on their idea's and potential.  Investors learned from that and are demanding more these days.  As a result companies that do not show growth potential go down. Companies that show growth and potential (apple and google for 2 easy examples) continue to go up.   Many companies have specific days where employees can buy and sell stocks.  there are minor ripples in the market on these days as the demand and supply are temporarily altered by a large segment of the owner base making trades.  For this reason some companies have a closed pool that is only open to inside trades that then executes the orders over time so that the effect is minimized on the actual stock price.  This is not happening with face book.  Instead many of the investors are dumping their stock directly into the market.  These are savvy investors and if there was potential for profit remaining you would not see the full scale exodus from the stock.  The fact that it is visible is scaring off investors itself.  I can not think of another instance that has gone like facebook, especially one that was called so accurately by many industry pundits."}
{"_id": "73323", "title": "", "text": "&gt; He literally has bannon at the top level of his administration in addition to jeff sessions as AG. Theyre publicly avowed white supremacists with a history of supporting white supremacist causes.  I'm begging you, please find me a source on this one I'd love to see their thorough investigation.  &gt; His voting block cumbles entirely without them which is why he is so slow to criticize.  HAHAHAHA his voting block crumbles entirely? Just how many white supremacists do you think exist in the US? Hillary would've won if it wasn't for white supremacy!"}
{"_id": "73325", "title": "", "text": "The only advantage of changing all your money now to the new currency is that you might get a better conversion rate now than later, so you get more of the new currency and you may pay a lower percentage fee for changing a larger sum of money. However, regarding the better conversion rate - you will not know this except with hindsight. The disadvantage of changing all at once is that if you have changed too much and need to change back to your own currency or a third currency, you will be charged fees and lose on the conversion rate twice. If you know how long you are going to be in the new country, say 12 months, maybe start by converting an amount you think you will be spending in a month. If you spend more then you can change a bit more the next month, or if you spend less change less the next month. If you find you are spending similar amounts for the next month or so, then you can budget on the amount you may be spending for the remainder of your stay and then convert this amount over. If you have a little left over at the end of your stay maybe reward yourself with something or buy a present for someone special back at home. If you need a little more, just convert this amount in the last month or so."}
{"_id": "73344", "title": "", "text": "\"Unless your 401(k) plan is particularly good (i.e. good fund choices with low fees), you probably want to contribute enough to get the maximum match from your employer, then contribute to an IRA through a low-cost brokerage like Vanguard or Fidelity, then contribute more to your 401(k). As JoeTaxpayer said, contributions to a Roth IRA can be withdrawn tax- and penalty-free, so they are useful for early retirement. But certainly use your 401(k) as well--the tax benefits almost certainly outweigh the difficulty in accessing your money. JB King's link listing ways to access retirement money before the traditional age is fairly exhaustive. One of the main ways you may want to consider that hasn't been highlighted yet is IRS section 72(t) i.e. substantially equal periodic payments (SEPP). With this rule you can withdraw early from retirement plans without penalties. You have a few different ways of calculating the withdrawal amount. The main risk is you have to keep withdrawing that amount for the greater of five years or until you reach age 59\u00bd. In your case this is is only 4-5 years, which isn't too bad. Finally, in addition to being able to withdraw from a Roth IRA tax- and penalty-free, you can do the same for Roth conversions, provided 5 years have passed. So after you leave a job, you can rollover 401(k) money to a traditional IRA, then convert to a Roth IRA (the caveat being you have to pay taxes on the amount as income at this point). But after 5 years you can access the money without penalty, and no taxes since they've already been paid. This is commonly called a \"\"Roth conversion ladder\"\".\""}
{"_id": "73357", "title": "", "text": "Thanks for the heads up- it definitely wasn't me who posted that. Still, I find it pretty flattering that people are enjoying the post years after I wrote it.  This isn't really anything new, every so often someone basically copy-pastes either this or another essay I wrote around the same time. Even a few big publications have done it. This time it's a bit more blatant than before though."}
{"_id": "73374", "title": "", "text": "New Jain Furnishing is a very well known name as a Home Furnishing Retailer in complete Home Furnishing material in Mumbai and Navi Mumbai with a commitment to quality product after sale service. Home Furnishing Retailer in Mumbai are engaged in offering home furnishing materials and fabrics, these fabrics can be use for making curtains, sofa covers, pillow covers, bed sheets etc. Available in different textures, fabrics, sizes and design these fabrics are in huge demand by our esteemed customers and attract repeat orders year after year for home renovation and furnishing. Laminated Fabric offered by Home Furnishing Retailer can be made available in different finish, design and choices, with superior PU coating and lamination support so as to provide for reliable usage performance."}
{"_id": "73390", "title": "", "text": "Where do I stand with this? The money was not your's. So co-operate with the bank to get this sent back ASAP. It is good that the equipment is still with you. Yes Bank would need evidence that you were a victim and not party to this crime. Co-operate with the relevant authorities and get this resolved. It is a lesson learnt where luckily no money was lost, but quite a bit of hassle and personal time lost."}
{"_id": "73402", "title": "", "text": "If you want believe our 40 workweek is harder than those of ore-civilization man go ahead.  What did we do in our downtime in that epoch?  It was maybe some song, art or games.  But i certainly don't believe that life was more leisurely.  Studying ancient lives is. It going to paint a perfect picture of what life was really about."}
{"_id": "73421", "title": "", "text": "Prior to his current job role, Mr. Raphael Lilla operated as the Director, Group and Business Control at Hinduja Bank. Currently, he is working as an Executive Director of SBC Group AG, Switzerland and as Managing Director of Swiss Bullion Company International LLC, Dubai."}
{"_id": "73427", "title": "", "text": "Funds earned and spent before opening a dedicated business account should be classified according to their origination. For example, if your business received income, where did that money go?  If you took the money personally, it would be considered either a 'distribution' or a 'loan' to you.  It is up to you which of the two options you choose. On the flip side, if your business had an expense that you paid personally, that would be considered either a 'contribution of capital' or a 'loan' from you. If you choose to record these transactions as loans, you can offset them together, so you don't need two separate accounts, loan to you and loan from you. When the bank account was opened, the initial deposit came from where?  If it came from your personal funds, then it is either a 'contribution of capital' or a 'loan' from you. From the sound of your question, you deposited what remained after the preceding income/expenses.  This would, in effect, return the 'loan' account back to zero, if choosing that route. The above would also be how to record any expenses you may pay personally for the business (if any) in the future. Because these transactions were not through a dedicated business bank account, you can't record them in Quickbooks as checks and deposits.  Instead, you can use Journal Entries.  For any income received, you would debit your capital/loan account and credit your income account.  For any expenses, you would debit the appropriate expense account and credit your distribution/loan account. Also, if setting up a loan account, you should choose either Current Asset or Current Liability type.  The capital contribution and distribution account should be Equity type. Hope this helps!"}
{"_id": "73434", "title": "", "text": "If you live in Swindon and need to relocate, then you should seek out The Man With Van Network. They offer moving services from the city to anywhere in the UK. They also ensure that your items will be moved safely even through long distances. Visit https://www.themanwithvannetwork.com/ today to get a free quote."}
{"_id": "73440", "title": "", "text": "&gt; Neither party gives an F about the consumer.  In this case, every single democrat voted against this. And only 3 republicans in congress crossed party lines to vote with the democrats.  Your statement may have general truth, but this was pretty much a party line vote."}
{"_id": "73450", "title": "", "text": "\"Pretty hilarious the job you're describing sounds EXACLY like my job working in Margin Credit at a major bank. I do all the processing work, but after a few weeks of that, and saying that I was \"\"ready for more training\"\" to my supervisor, he took that as the sign to get me working on some of the smaller client accounts. Now I'm looking at accounts and issuing approvals for funds and trades (depending on how much margins hey have and other factors) Id say just approach your supervisor, tell him you're ready to move on, if they have anything for you hopefully they'll get you started. Stick with it, and don't stab yourself!\""}
{"_id": "73457", "title": "", "text": "\"For non Australian residents: Dividends withholding tax rate is 30%.  Depending upon your country of residence where there is a tax treaty in place to avoid double taxation, then this can be reduced.  Note that only dividends that are unfranked are subject to this (in Australia, if tax has already been paid by the company then they can distribute dividends as \"\"franked\"\" dividends\"\"). For example, if you owned shares in Commonwealth Bank of Australia (CBA), their most recent dividend from Feb 2015 (Paid 2 April 2015)  was $1.98 fully franked.  No withholding tax is applicable. There is no capital gains tax for non-residents on share transactions. There are other \"\"tax events\"\" that related to large shareholdings in a company (>10%) with property holdings but I'm guessing that is not an issue. https://www.ato.gov.au/Individuals/Tax-return/2014/In-detail/Publications/You-and-your-shares-2013-14/?page=14 https://www.ato.gov.au/Business/International-tax-for-business/Previous-years/Capital-gains-and-foreign-residents/ https://www.ato.gov.au/Business/International-tax-for-business/Previous-years/Capital-gains-and-foreign-residents/?page=13#Foreign_residents_holding_interests_in_Australian_fixed_trusts https://www.kpmg.com/Global/en/services/Tax/regional-tax-centers/asia-pacific-tax-centre/Documents/CountryProfiles/Australia.pdf\""}
{"_id": "73492", "title": "", "text": "\"Look at the main page of CNBC.Com   It says \"\"Stocks Slide ahead of Summit\"\"  Whereas if you see Dow is down only 67 points. Wonder where the \"\"Slide\"\" word fits in this context.   Just the usual way of Corporate's and Media trying to confuse the small investors.\""}
{"_id": "73498", "title": "", "text": "\"Well, FB was trying to be nice to its female employees 2 years ago and initiated a \"\"freezing egg\"\" programme at company's expense. Taking fertility clock off their minds, freeing them for more around the clock work. Really considerate of them. INSTEAD OF JUST ALLOWING THEM TO GET LIFE OUTSIDE OFFICE!    Yes, in the modern Western  gulags, jailers wear kid gloves - the essence, though, is the same. No matter how much free organic yogurt and ping-pong tables you get. The chain's still there.\""}
{"_id": "73505", "title": "", "text": "Ask your bank or credit union. Mine will let me issue recurring payments to anyone, electronically if they can, if not a check gets mailed and (I presume) I get billed for the postage."}
{"_id": "73520", "title": "", "text": "\"&gt; I've never in my adult life been dependent on anyone.  Now I can tell I am talking to a kid. Speaking in absolutes. Yes, I am sure you make your own electricity, grow your own food, refine your own gas, and sow up your own boo-boos. What? \"\"But I *pay* for it....\"\" Are you oblivious to how much of that is subsidized through the government. Who do you think built the infrastructure? How do you think the companies that laid that pipe, built those transformers were paid?   I tell you what, name me five modern and common products that *do not* have their foundation in a government invention or government R&amp;D project... If you can do that in the next five minutes, then I will concede your point, and I will reserve my place at this \"\"no government, commercial only\"\" Utopia which doesn't currently exist but I am sure that you will one day create...\""}
{"_id": "73550", "title": "", "text": "This isn't an impressive headline, nor does it show amazing investment foresight, because they were a non-entity. Investing in them back then would have consisted of picking one of hundreds of companies with a good idea and the hope of someday becoming profitable, but risky as hell. A WSB.  A better headline for Netflix, and one that actually teaches a lesson on how to properly invest would be:  **$1,000 in Netflix 6 years ago worth $16K today.**  Around 2010, I was disappointed in myself for not grabbing NFLX earlier on, but didn't want to buy because I didn't think it had much upside... a little overpriced from what I saw.  Then in 2011, they made the stupid Qwikster announcement. Everyone bitched and moaned, and the stock price plummeted. I said to myself - is anyone actually canceling their subscription over this? Who exactly is the competition, the cable company who's 5-10x the price? Hulu, who have commercials?  How could their profits really suffer from this??  I couldn't see any way where they wouldn't claw it back once the dust settled. I bought 150 shares right away. Classic investment example of not succumbing to market panic and getting a good buy.  (Just wish I hadn't sold half my shares after the stock tripled!)"}
{"_id": "73556", "title": "", "text": "\"It depends on the area, but right in Toronto there's not a whole lot of development, but like starter townhouses (3 storey, modern/executive look, around 2000sq ft) start around 750k. Older and run houses, depending on area can go from 600-1.4 million, but it's heavily dependent on area. In a \"\"good\"\" area, you'll see completely run down shacks going for 1.4 million. I'm not sure exactly who's buying these houses, but banks aren't giving as many loans now, so I assume people are going private for mortgages. There are incentives for first time home buyers where you don't need much of a down payment (it was around 10%, but I think it's gone up), however something called \"\"mortgage insurance\"\" is required, in the case of a default. Rent is sky high as well, and rentals are just as expensive as mortgages, however without the \"\"commitment\"\". Cheap rentals never come up, and there is sort of an internal issue with realtors who essentially hike up the prices, however things have cooled off as of late.  I always remember my parents saying that we good do down to the states and buy a house for less than 100k, especially after '08. Houses just seem to have more value in Canada, even in less sought after areas more north\""}
{"_id": "73557", "title": "", "text": "\"Yes, they're all the same family.  I know one of the guys, his name is \"\"Andy Zildjan\"\" and he worked for Sabian.  His main job was travel around the world and take pictures of drummers using their cymbals.  Sweet job, and a really nice guy.\""}
{"_id": "73562", "title": "", "text": "\"Ohh sure.  I think the \"\"way\"\" they are saying it also plays into to some perceived core flaws with the business. Low quality food for a high price being the main one. Not caring to look up alternatives/having the money to spare is a market you can cater too, but when the company is specifically pointing to Millennials they push back what they think is a stupid market.\""}
{"_id": "73588", "title": "", "text": "\"Did you say with a straight face that manufactoring is the way of the past?  We are being out competed globally in the manufactoring sector, so now it's \"\"the way of the past\"\". What makes you think that the service based economy is somehow protected from global markets? That's ridiculous.\""}
{"_id": "73594", "title": "", "text": "Eliminating the deduction for state and local taxes is punishing blue states. No way around it - this is the definition of double taxation that the GOP rails against for corporations.  I'm sorry that my state and local government provide me services I want, utilize and enjoy."}
{"_id": "73622", "title": "", "text": "Highly doubt this will have much of an affect.  He'll still be silently leading the ship and data shows only minimal user changed to lift.  They still lead the industry in the move to driverless taxis, which is what their entire model is based on.  Everyone jumping on the bandwagon here will be embarrassed by their comments"}
{"_id": "73648", "title": "", "text": "Using parallels is fantastic.  There's a new parallels 10 coming out in less than a week that speeds up excel on a Mac up to 50%.  Coming from PC for over 15 years, if you need a ms office on Mac, parallels is a must."}
{"_id": "73649", "title": "", "text": "It's always a good move for risk-averse person, expecially in Europe. Because houses are not represented by number in an index. Therefor if you are risk-adverse, you will suffer less pain when house prices go down because you won't have a number to look at everyday like the S&P500 index. Because houses in Europe (Germany, Italy, Spain) are almost all made by concrete and really well done (string real marble cover, hard ceramic covers, copper pipes, ...) compared to the ones in US. The house will still be almost new after 30 years, it will just need a repaint and really few/cheap fixings. Because on the long run (20/30 years) hosues are guaranteed to rise in price, expecially in dense places like big city, NY, San Francisco, etc. The reason is simple: the number of people is ever growing in this world, but the quantity of land is always the same. Moreover there is inflation, do you really think that 30 years from now building a concrete house will be less expensive than today??? Do you think the concrete will cost less? Do you think the gasoline that moves the trucks that bring the concrete will be less expensive than now? Do you think the labour cost will be less expensice than now? So, 30 years from now building an house will be much more expensive than today, and therefor your house wil be more expensive too. On the lomng run stock market do not guarantee you to always increase. The US stock market have always been growing in the long run, but Japan stock market today is at the same level of 30 years ago. Guess what happened to you if you invested your money in the Japan stock market, 30 years ago, whilest your friend bought an hosue in Japan 30 years ago. He would now be rich, and you would now be poor."}
{"_id": "73652", "title": "", "text": "The precise answer depends on the terms and conditions of the loan, and whether you can reasonably expect to meet them. For example, if you keep the loan, make no payments, there is a good chance that - eventually - you will trigger a clause in the contract, and suddenly be charged fees or a significant interest rate.     If you don't need to pay anything for a time, odds are you will forget to monitor the loan (after all it is not costing you anything) and suddenly get hit with an unexpected expense. Most loan contracts are structured - by professionals - to benefit the loan provider.     The purpose of a loan provider is to make a profit.   They do that by encouraging you to pay more -  up front, over the longer term, or both. Personally, I would never take out a zero-interest loan.   It is specifically designed to appear like a gift from the loan provider, while actually (and almost covertly) costing more at some point. If I was in your position (i.e. if I had taken out such a loan) I'd pay off the loan as fast as possible.   If you have more than one loan, however, prioritise by working out which actually costs you more over time.   And pay the worst ones first.    You'll have to look closely at the terms and conditions - possibly with the help of a professional - to work out which is actually work."}
{"_id": "73663", "title": "", "text": "Anyone who has that kind of money to blow probably has a CPA with a power of attorney who could provide such a service. I don't have that kind of money but I do have a CPA with a POA who would gladly charge me and arm and a leg to deliver money to me."}
{"_id": "73664", "title": "", "text": "\"Seriously? You and other libertarians have no problem with this part of the quote:  &gt;The business man is only tolerable so long as his gains can be held to bear some relation to what, roughly and in some sense, his activities have contributed to society.\"\"  Also, Keynes was a member of the Chicago school? You're thinking Milton Friedman, I think.\""}
{"_id": "73666", "title": "", "text": "\"I'm working on similar problem space. There seems to be some working ambiguity in this space - most focus seems to be on more complex cases of income like Dividends and Capital Gains.  The US seems to take a position of \"\"where the work was performed\"\" not \"\"where the work was paid\"\" for purposes of the FEIE. See this link. The Foreign Tax Credit(FTC) is applied (regardless of FEIE) based on taxes paid in the other Country. In the event you take the FEIE, you need to exclude that from the income possible to claim on the FTC. i.e. (TOTAL WAGES(X) - Excluded Income) There is a weird caveat on TOTAL WAGES(X) that says you can only apply the FTC to foreign-sourced income which means that potentially we are liable for the on-US-soil income at crazy rates.  See this link.. Upon which... there is probably not a good answer short of writing your congressperson.\""}
{"_id": "73668", "title": "", "text": "Thank you for your response KeithB and Ross. I was researching more about this and looks like I have to follow all these steps (please, correct me if I'm wrong):"}
{"_id": "73675", "title": "", "text": "It still does not address the difference in risk between lending to a large bank that must meet reserve requirements and between lending to more risky parties.  And is borrowing from BOJ to buy U.S. treasuries a bad thing if there is rate arbitrage?"}
{"_id": "73682", "title": "", "text": "Why is it the Ted Cruz young-republican creepers come in waving debt numbers like all of a sudden debt is not some kind of established financial instrument used by governments of all sizes?  I said QoL and GDP. Congrats on your red shithole for having smaller arbitrary numbers on your Excel sheet. It won't matter much when most of your populace dies from being underinsured, undereducated, unhealthy obese smokers.   But hey at least they're not confused by the bathroom signs right? ;-)"}
{"_id": "73696", "title": "", "text": "\"&gt;I mean, if this were the mortgage market, you would be arguing to banks \"\"What the hell made you think this homeowner would keep paying you 6% interest on this money when you're not providing any kind of value twenty years later?\"\"   That's not how pensions work. A pension is your money. The value is the value you've put into it over the years. $400 a month for 30 years shouldn't go away just because you aren't putting monthly amounts in any more. There is either capital left in the account, or their isn't.\""}
{"_id": "73700", "title": "", "text": "Inugo is a parking space finder that can help you find early bird parking in the CBD, or help you fill your carparks. To save time and money on casual parking, use this simple app. To know more about find parking app, visit our website."}
{"_id": "73701", "title": "", "text": "&gt;&gt; So I have no trouble calling a Christian republican a hypocrite if they choose to use their power to build and propose legislative action which will do nothing to help the poor and will very likely make them more vulnerable.  They have stated, ad ifinitum, that government intervention in the healthcare market drives up expenses, limits choice and competition, substitutes taxes for personal charity, and ultimately undermines people's opportunities to support themselves and pay for healthcare. You may not agree with this assessment of the situation, but it is not internally inconsistent as you seem to claim.   Well the Bible may not, but I certainly will. If you knew anything about the context of the scriptures writing, you'd know that an attack on Roman state finances is the quickest way to have you're fledgling religion purged by your friendly, neighborhood Roman legions. Thus rendering unto Ceasar was and remains a matter of life and death."}
{"_id": "73704", "title": "", "text": "Last night I got a message through the Mac Messages app on my laptop from an automated AOLsysadmin letting me know the service was shutting down. I had forgotten I still had my AIM account linked to Messages, haha.  My AIM account is my longest running online account at 19 years. I think my yahoo email is next in line at 17 or 18 years."}
{"_id": "73723", "title": "", "text": "I will answer my own question. After calling my broker, they explained me this:"}
{"_id": "73741", "title": "", "text": "A lot depends on how much is in the account, and whether you expect to be returning (or having any sort of financial dealings) in Europe in the future. My own experience (about 10 years out of date, and with Switzerland) is that the easiest way to transfer reasonable amounts (a few thousand dollars) was simply to get it in $100 bills from the European bank.  I also kept the account open for a number of years while living in the US (doing contracting that was paid into the European bank), and could withdraw money from American ATMs. I eventually had to close the account due to issues between the bank and the IRS.  I think it was only that particular bank (UBS) that was the problem, though."}
{"_id": "73744", "title": "", "text": "\"The linked article is good at explaining the current situation.    What it is not good at is explaining the basics of the situation.  It's roughly 3 paragraphs before we even learn the first part (\"\"original use of the name 'Windhaven'\"\"), and 10 paragraphs until we learn that there exists a \"\"Windhaven Insurance\"\" and they're being dicks.  Maybe that's not TL for printed word, or someone interested in the topic.  But it _is_ too long for something serving as a primer.\""}
{"_id": "73761", "title": "", "text": "Yup, and fortunately there are vocal (and voter) people on both sides of most issues, making the center unnecessary for voting. If the system gets too crazy, the middle will act.  So I'm not too worried. The vocal kids you worry about are like the 60's peace, love, and freedom hippies that grew up and became the respectable capitalists in the 1980's. Youthful idealism gets replaced with respect for reality."}
{"_id": "73784", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Under Armour\u2019s terrible year just got worse](https://www.reddit.com/r/talkbusiness/comments/79z42k/under_armours_terrible_year_just_got_worse/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "73788", "title": "", "text": "oh wow, nice to hear about your friend. and I guess I didn't make myself clear. What I meant was as I'm an international student, USA will allow me to work here for one year after I get my degree and then they'll send me back to my country. Anyway, I'll definitely take your advice into consideration."}
{"_id": "73797", "title": "", "text": "Worked my way through college, 40-50 hours a week making minimum wage at KFC until I got promoted to assistant manager. Yes it's hard, but not so hard that you can't still have a life outside of school and work. Having kids would change all that I have no idea what it's like to try and juggle work school and kids but that's the risk you take when you have kids wether on purpose or accident."}
{"_id": "73811", "title": "", "text": "Excellent responses so far.  Because I am a math guy, I wanted to stress the power of compounding. It's great that you are thinking about saving and your future when you are so young.  Definitely be displined about your saving and investing.  You would be surprised how just a small amount can compound over the years. For example, if you were to start with $5000 and contribute $100 per month.  Assuming that you can get 5% ROR (hard in today's world but shouldn't be down the road), your final principal after 28 years (when you are 50 years old) will be over $90,000, which of only $38,000 is what you contributed yourself.  The rest is interest.  You can play with the numbers here: http://www.math.com/students/calculators/source/compound.htm"}
{"_id": "73818", "title": "", "text": "Incorrect.   Dividends are paid after tax, so whether they pay them or not has nothing to do with tax avoidance.  Additionally, dividends have little to no impact on the market cap of a company like amazon.  On top of all of that, amazon does not pay dividends at all, they invest their cash back into themselves to grow. This strategy reduces profit, and the growth drives up their market cap and drives down their cost of capital as a result."}
{"_id": "73821", "title": "", "text": "\"Ask yourself one question - \"\"Why me?\"\"  Say I had no friends or family (that I liked). I have money and I'm dying. There are a half dozen charities I'd write checks to. Under what circumstances would I ever contact a stranger to try to give my money away? That answers why this is a scam.\""}
{"_id": "73829", "title": "", "text": "Trusts are useful for a number of situations, country-centric or not."}
{"_id": "73844", "title": "", "text": "A small business consultant works with clients on strategy, planning and problem solving, and helps clients develop Business consultant  skills and knowledge. These topics range from designing a business model or marketing plan, to determining which marketing techniques to use and how to use them. You'll often help clients learn how to plan and implement projects. A small business consultant gives advice, teaches skills, and brainstorms with the client to produce practical results and enhance strategic thinking."}
{"_id": "73846", "title": "", "text": "\"For stock options, where I'm used to seeing these terms: Volume is usually reported per day, whereas open interest is cumulative. In addition, some volume closes positions and some opens positions.  For example, if I am long one contract and sell it to someone who was short one contract, then that adds to volume and reduces open interest.  If I hold no contracts and sell (creating a short position) to someone who also had no contracts, then I add to volume and I increase open interest. EDIT: With the clarification in your comment, then I would say some people opened and closed positions in that one day.  Their opening and closing trades both contribute to \"\"volume\"\" but they have not net position in the \"\"open interest.\"\"\""}
{"_id": "73851", "title": "", "text": "There's already a budget deficit and national debt. Obama doubled the national debt in his tenure from ~10 Trillion to ~20 Trillion (more than any president in history), yet we still built infrastructure. We will with Trump too, one of his goals he's stated was infrastructure. I hate to say it, being fiscally conservative, but the debt would increase a small percentage compared to what Obama did.   To me, any time you can get more tax money into the hands of all American citizens and companies is a win in my book. Sure the rich will benefit from this, but the poor and middle class will as well."}
{"_id": "73852", "title": "", "text": "um, yes. the point of an audit is verification. you could have claimed to have bought fax machines and pocketed the money, and giving them a list claiming you had bought 5. without them physically inspecting, how would they know the difference?  its amazing your level of distrust for government yet trust of others"}
{"_id": "73854", "title": "", "text": "Investing is when you seek to make money from owning things.   Making money from owning things is economic rent.    &gt; Investing is a valid practice that helps new businesses and, by extension, society as a whole.  Investing has good and bad effects.  The good is that useful capital is created.  The bad is that rent is created.  Corporate tax cuts are a disaster.  It's increasing the bad part of investment with a net negative effect on the good part."}
{"_id": "73857", "title": "", "text": "As they say, the grass is always greener... Honestly though, I understand the issues that a spike in gas prices (or anything as a matter of fact) causes, regardless of whether gas was cheap or expensive to begin with. I can assure all the Californians though, that once the initial shock wears off life will go on as usual."}
{"_id": "73868", "title": "", "text": "Thank you jnordwick for voting on RemindMeBot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "73872", "title": "", "text": "Gonna take more than seasonality to break current momentum. Sentiment is not overly bullish from a retail or institutional aspect. If the year ended today this year would have the smallest drop on record (&lt;3%). The short run outlook of 3-6 months looks very positive from this perspective assuming no unforeseen catalyst occurs to break this trend.   Longer term, were in for a correction...but that's normal and nobody knows when it will happen. Anyone investing in stocks should know this and if they don't they need a new advisor or should not be investing alone. Buy the fucking dip and diversify your shit."}
{"_id": "73876", "title": "", "text": "Tax is due in India as you offered services from India.  So whether the International Client pays via Credit Card, Bank Transfer, Paypal or any other means is not relevant. Even if the International Client pays you in a account outside India; it is still taxable in India."}
{"_id": "73880", "title": "", "text": "Depends on the reason you were issued the credit -- rebates aren't income, remuneration for value you provide to them is. In other words, exactly the same as it they gave you money."}
{"_id": "73883", "title": "", "text": "\"Everyone buys different kinds of goods. For example I don't smoke tobacco so I'm not affected by increased tobacco prices. I also don't have a car so I'm not affected by the reduced oil prices either. But my landlord increased the monthly fee of the apartment so my cost of living per month suddenly increased more than 10% relative to the same month a year before.  This is well known, also by the statistical offices. As you say, the niveau of the rent is not only time- but also location specific, so there are separate rent indices (German: Mietspiegel). But also for the general consumer price indices at least in my country (Germany) statistics are kept for different categories of things as well.  So, the German Federal Statistical Office (Statistisches Bundesamt) not only publishes \"\"the\"\" consumer price index for the standard consumer basket, but also consumer price indices  for oil, gas, rents, food, public transport, ... Nowadays, they even have a web site where you can put in your personal weighting for these topics and look at \"\"your\"\" inflation:  https://www.destatis.de/DE/Service/InteraktiveAnwendungen/InflationsrechnerSVG.svg Maybe something similar is available for your country?\""}
{"_id": "73891", "title": "", "text": "Disclaimer: I am not a tax specialist You probably need a sales tax permit if you're going to sell goods, since just about every state taxes goods, though some states have exemptions for various types of goods.  For services, it gets tricker. There is a database here that lists what services are taxed in what states; in Wyoming, for example, cellphone services and diaper services are taxed, while insurance services and barber services are not.  For selling over the internet, it gets even dicier. There's a guide on nolo.com that claims to be comprehensive; it states that the default rule of thumb is that if you have a physical presence in a state, such as a warehouse or a retail shop or an office, you must collect tax on sales in that state. Given your situation, you probably only need to collect sales tax on customers in Wyoming. Probably.  In any event, I'd advice having a chat with an accountant in Wyoming who can help walk you through what permits may or may not be needed."}
{"_id": "73907", "title": "", "text": "\"&gt;&gt; but something doesn't \"\"feel\"\" right about it.   You just read a story by the Washington Post, i.e. Jeff Bezos, I.e. Walmart's no. 1 enemy. And it was written accordingly.   Maybe we should wait until this is running to judge it ?\""}
{"_id": "73918", "title": "", "text": "First, I don't think your parents are ripping you off, but you should get your agreement in writing. The fact that you never own more than 25% doesn't matter. If the condo's value is increasing, you are in fact building equity. Your share of the equity just doesn't increase, but it doesn't decrease either. For example, if the condo is worth $300,000 now, you have $75,000 in equity. Of course if the value is decreasing, so is your equity. If you are paying $500/month in interest (as OP clarified above), and you don't have a written agreement, you are probably unable to claim that payment as mortgage interest if you itemize your deductions on U.S. federal or state tax returns, thus you may be losing out on a legal tax deduction (assuming you earn enough to itemize). They will need to give you each year the proper IRS form for mortgage interest (Form 1098). And, they have to claim the $500/month as interest income on their tax returns. Having a written and signed contract eliminates confusion and potential for heartbreaking misunderstanding the future--and it sounds like you are already experiencing some doubt and confusion now. Your rate seems within market rates for an interest-only loan. Let's say you wanted to buy out your parents' share of the condo right now. Would you pay $115,000 or would you have to get an appraisal to find out what the condo is worth now? If you can't answer that question, you need to get that in writing so that you won't have an argument over it someday. If the condo has appreciated significantly and all you have to pay is the $115,000, then that's a sweet deal for you, because you'd be buying out a much more valuable property for much less than it's worth. If that is the agreement, and the property is appreciating (no guarantee, especially with condos), then you are essentially building equity. If the property is declining in value and you do wish to sell it, then you won't have to pay $115,000; they'll just end up with their 75% share, which will be less than the $115K they invested. Both of you would lose some of your investment, but you would have had all the benefits of living in a nice condo all those years and they wouldn't. They are definitely taking more risk than you are. Second, if you had $40,000 cash saved up, your parents probably raised you with some good financial sense and work ethic, so I'm optimistic they have good intentions for your future. Operate from that frame of mind when you go to ask for a written agreement. Next, read up about Equity Share Agreements. There are many models that will help inform your decisions. But, you should engage a real estate lawyer to help you draw up a fair agreement for both parties.  I was in an equity share agreement for my first townhouse. It's a common practice, and it won't cost all that much to get one created. It's worth the money to get it done properly."}
{"_id": "73942", "title": "", "text": "I was reading about the development of our modern highway system. Remember 'what's good for General Motors is good for America'? The car manufacturers had a lot to do with the building of the interstates.  The problem is every new generations thinks the problems it sees are new when they are are really just the same ol' same ol' in news togs. Ultimately, much of our inclination to fuck up is down to our lives being so short. Nobody remembers."}
{"_id": "73950", "title": "", "text": "\"A non-trading stock or non-marketable security or unlisted security is one that does not trade continually on an exchange. For tax purposes, this can mean a whole new ball of wax which I would prefer the experts address with an edit to this answer or a new answer. For financial accounting purposes, this is when, say, one owns shares in an unlisted corporation and should be treated very carefully less one delude oneself. For trading stock, the value can be known immediately by checking any valid data provider's price and marking to market.  For non-trading stock, the value has to be \"\"marked to model\"\".  This can get one into Enron sized trouble. In this case, it's best to either leave the value of the stock at the purchase price and recognize gains upon sale, use a price from another honest transaction by third parties which are most likely difficult to attain, or to use some shorthand measure like applying the market P/E. Be wary of strangely high figures for value from the purchase price by using a market average, and don't throw away the shares just yet if a strangely low one arises.  This method can lead to strange results.\""}
{"_id": "73953", "title": "", "text": "Are you claiming the powerful can predict the ups and downs of the economy well enough to consistently profit from it? Please show me these great investors that don't fail much; there must be quite a few, right?"}
{"_id": "73957", "title": "", "text": "1. It was the late 1960's to the 1970's. 2. It was completely media hype and mostly present in popular literature. 3. It was never a widespread conjecture among the scientific community or the scientific literature of the time. Between 1965 to 1979, [7 articles predicted cooling and 44 predicted warming.](http://journals.ametsoc.org/doi/pdf/10.1175/2008BAMS2370.1)  Even though most articles predicted warming, only the ones that predicted cooling got media attention."}
{"_id": "73977", "title": "", "text": "everyone parrots this as the great libertarian dream or something, but in reality all it would do was ramp up industrial espionage on a scale never seen before. Plenty of good, progressive business is done on the back of intellectual property legislation."}
{"_id": "73986", "title": "", "text": "Up 20% since election. 30% move from election to late Feb early March. Were you a buyer after Brexit or in Oct of last year?   30% down move from here takes us to early 2014 where it hit ATH (beating strange 08' spike)."}
{"_id": "73995", "title": "", "text": "Well, yes it does, but just because the debt is trading at 80 cents on the dollar doesn't mean that the company can actually legally get away with paying only 80 cents on the dollar. They would have to come to an agreement with the debt holders first. And perhaps they could, but the more conservative approach is to use the book value of the debt.  Or what about debt that's trading at a premium to its face value, because, say, interest rates have come down relative to the time the debt was issued? The amount that the conpany owes to the debt holders hasn't suddenly gone up."}
{"_id": "73999", "title": "", "text": "I guess that means I should be making about $250k a year right now.  I've been at my company for 16 years.  The wage and profit sharing program beat the market wages in my area by a wide margin.  Not all companies are interested in screwing their employees."}
{"_id": "74041", "title": "", "text": "Ben Miller's answer is very thorough, and I up voted it. I believe that the ability to rebalance without tax implications is very import, but there are two aspects of the question that were not covered: The 401K in many cases comes with a company match. Putting enough money into the fund each year to maximize the match, give you free money that is not available in the non-retirement accounts. The presence of that match is to encourage employees to contribute: even if they are tying up their funds until retirement age; and they are into a plan with only a handful of investment options; and they may have higher expenses in the 401K. The question also had a concern about the annual limits for the 401K (18,000) and the IRA (5,500). The use of a retirement account doesn't in any way limit your ability to invest in non-retirement accounts. You can choose to invest from 0 to 23,500 in the retirement accounts and from 0 to unlimited into the non-retirement accounts. Double those amounts if you are married."}
{"_id": "74044", "title": "", "text": "Firstly decide how long you may be in the country. You will nearly surely have nowhere near sufficient time to suit everything in your listing inside the time body you've got in your excursion. So determine what is most important to you. Cuba isn't a reasonably-priced destination! Take an affordable sum of money. Credit playing cards are restrained in use to huge lodges. Be certain you take a look at your card might be time-honored of the Accommodations in Cuba. They no longer take much credit playing cards. The price of every transaction is also very high-priced, so playing cards are first-rate used simplest in big quantities. Cuba can be an exceedingly small country. However, their form of geographic areas gives you many picks in activities."}
{"_id": "74045", "title": "", "text": "It might vary a lot depending on what you'd be doing. I work in PE and my life is mostly a smear of meetings, dinners, weekend getaways, etc., with the people we're trying to pitch to. My friends in VC performing a similar role seem to have a better balance between work and personal life.   That being said, our in office staff work a more or less 9-5 week except when there's a crunch for reports or prep work."}
{"_id": "74054", "title": "", "text": "ok fuck it then, you'd rather discuss how to pass the CFA five times a week? enjoy!  by the way - if you're going to be so condescending with your information - at least be correct when doing so. Ireland and Greece have both taken on debt to support failing banks - whether or not they did before the crisis, and whether or not it is only a small  % of total deficit, is irrelevant to his question. this is the entire reason direct recapitalizing has been implemented with ESF - to prevent further deterioration of country balance sheets"}
{"_id": "74066", "title": "", "text": "\"We'll, he provides some figures on the burden on lower income households.  It kind of makes sense.  Even if both middle class households and lower income households consume the same relative amounts of \"\"sinful\"\" goods, there will likely be a higher burden on the poor.  It's exasperated by the high tax rate on those goods. The only way to remove that higher burden is for the poor to \"\"consume less vice\"\" than the affluent.  That's an awkward position to hold.  It doesn't make sin taxes bad public policy.  They're an effective tax strategy that can be dedicated to helping provide other necessary social services.  But, they can be regressive and push other values at the same time.\""}
{"_id": "74067", "title": "", "text": "I wouldn't doubt they're real eggs, but them and dunkin donuts, they're frozen + who knows how many other storage / preservative processes they go through.  Something about a reheated frozen egg in a perfect circle just doesn't cut it for me. The regular, fresh, non-frozen eggs cooked then and there for the first time off the grill taste less bland to me."}
{"_id": "74120", "title": "", "text": "Cryptocurrency is undoubtedly at the peak of Gartner hype cycle, but it very well could revolutionise the way we use currency for our daily needs in the future.  Stay with me on this\u2026 At present, cryptocurrency appears no more than a speculation that is sugar-coated by individuals who have vested interest in it. However, if we overlook this excitement, the actual use of cryptocurrency is mind-boggling.   Suppose you had a mid-life crisis and went on a journey to the middle of the Earth to find where humans supposedly originated from, and you met and connected with a local coffee farmer named Razaq in a very remote part of Ethiopia. He invited you for an evening coffee and you obliged, and six months later you yearned for this same coffee whilst you were having another wave of existential thoughts in your penthouse that overlooked the urban jungle.  Suddenly, you remembered that Razaq had a cheap but functional smartphone with a Bitcoin wallet, and afterwards you communicated with him on WhatsApp and decided to enter in a transaction with him. Razaq is delighted with this technology, but mainly because he does not have to travel 100 km to-and-fro the nearest city where his bank is located, and he is also happy that he can send a sack of coffee beans to his friend who lives in a faraway land, and all he needs to do is hand over the coffee sack to delivery truck en route the shipping port. Ultimately, saving Razaq lot of his precious time and resources.  Now use this one example and multiply it by hundreds of millions of people around the world who have a very remote access to a \u2018bank\u2019, but have an access to a basic smartphone \u2013 imagine the possibility of connecting people like Razaq to the \u2018internet\u2019 world and having a seamless cross-border trade finance transaction using currency that is not controlled by any government.  Like many others, I am keen to see the developments of cryptocurrency in the coming years, but for now I remain sceptical. That said, I am more interest in the countless opportunities that will be unlocked by the very technology that is fundamental to all the cryptocurrencies; the Blockchain.  Crytocurrency is one branch of Blockchain technology which has proved useful. There are million other possibilities which I'm sure will benefit many industries in the coming decade, and I, for one, am very excited."}
{"_id": "74143", "title": "", "text": "\"&gt; I think you take some pretty big liberties assuming I think people deserve failure.  To lurkers: /u/JohnTesh is responding to something I quickly deleted after posting my last message.  Damn, he is fast.  I don't think so.  If you believe your success in life is earned then you must also conclude that most people's failure in life is also earned.  &gt; Or do you think they use the term lucky to mean there is no merit basis for the difference?  I think people mean this more than your other but I think the word \"\"merit\"\" is too shallow. Of course success should go to someone who has merit.  The \"\"luck\"\" assertion is that whether or not a person possesses merit is decided by factors out of that person's control.  &gt; I'm not saying everyone with money has it because of merit...  Of course not.  There are exceptions to every rule.  We are both talking in generalities.\""}
{"_id": "74187", "title": "", "text": "&gt;*With few exceptions, it doesn\u2019t make twentieth-century weapons. You can go farther back into history and have Lego swords and Lego catapults, but not Lego M-16 automatic rifles or rocket-propelled grenade launchers from today. Or you can go forward into fantasy and have Lego laser blasters and plasma cannons, but you can\u2019t have World War II machine guns and bazookas.*  When I was a kid, I *made* guns out of Lego."}
{"_id": "74204", "title": "", "text": "You claim that IQ accurately measures intelligence and problem solving skills and it's supposed to measure those abilities in a way that is independent of education.  Therefore if you're right blacks ate stupider than whites. Stop waffling, stop prevaticating and own that.  I fully understand how genetics work. I'm trying to tell you that there are two choices here. African Americans are stupider than Caucasians of there's a problem with the test.  Your own studies claim there is no epigenetic basis for the point disparity. They don't argue the test is perfect you do. Own you opinions."}
{"_id": "74235", "title": "", "text": "Dynamic Moving Montreal cares about the environment. We use green, recyclable moving materials, we help plant trees around Montreal and we encourage our clients to rent plastic bins instead of buying cardboard boxes which is the new convenient,  and Eco-friendly solution to packing your home. We also Recycle your old furniture and home appliances in an Eco-friendly manner."}
{"_id": "74248", "title": "", "text": "To start with gold has value because it is scarce, durable, attractive and can be made into jewellery. But that does not explain its current value. In the current economic climate, it is difficult for many investors to get a positive return on conventional investments such as equities or bonds. I theorise that, in such conditions, investors decide to park their money in gold simply because there are few other good options. This in itself drives the price of gold up, making it a better investment and causing a speculative boom. As you will see here, here, and here the gold price is negatively correlated with stock market indices."}
{"_id": "74251", "title": "", "text": "As Phil notes, converting to Roth means paying tax on the entire amount of the 401k (or, the entire amount moved, anyway).  Most of the time that's a bad idea.  Roth is a good idea when you're young and paying lower taxes (and often have lots of deductions), and when your money will have lots of time to appreciate tax-free. I imagine there could be edge cases, though, where this could be a good idea.  If he's got a lot of savings which he's planning to live off of for a few years (not the income, but the savings itself), then he would have $0 income for those years.  In that case, it's logical to convert some of the 401k to a Roth IRA, to take advantage of lower tax rates (probably up to or through the 15% tax rate, depending on if his total dollars are enough that he'll be paying an actual tax rate (not marginal) higher than 15% or not).   Now, odds are it's better to take that savings and invest it along with the 401k and then live off of those earnings, rather than just spending the savings, but I imagine there are some with circumstances where this would make sense - particularly if, for example, he downsized in houses and has a few hundred K from that, tax-free."}
{"_id": "74255", "title": "", "text": "You already got good answers on why you can't buy a Toyota from the factory, but my answer is regarding to the implied second part of your question: how to avoid haggling. I found a good way to avoid the haggling at a car dealership can be simply to not haggle. Go in with a different attitude. The main reason car dealers list inflated prices and then haggle is that they expect the customers to haggle. It is fundamentally based on distrust on both sides. Treat the sales person as your advisor, your business partner, as somebody you trust as an expert in his field, and you'll be surprised how the experience changes. Of course, make sure that the trust is justified. Sales reps have a fine line to walk. Of course they like to sell a car for more money, but they also do not want a reputation of overcharging customers. They'd rather you recommend them to your friends and post good reviews on Yelp. In the end, all reputable dealers effectively have a fixed-price policy, or close to it, even those who don't advertise it, and even for used cars. Haggling just prolongs the process to get there. And sales reps are people. Often people who hate the haggling part of their job as much as you do. I was in the market for a new (used) car a few months ago. In the end, it was between two cars (one of them a Toyota), both from the brand-name dealer's respective used car lots. In both cases, I went in knowing in advance what the car's fair market value was and what I was willing to pay (as well as details about the car, mileage, condition etc. - thanks to the Internet). Both cars were marked significantly higher. As soon as the sales rep realized that I wasn't even trying to haggle - the price dropped to the fair value. I didn't even have to ask for it. The rep even offered some extras thrown into the deal, things I hadn't even asked for (things like towing my old car to the junk yard)."}
{"_id": "74257", "title": "", "text": "There are different types and designs of clutch bags available on the web. Clutch Bags provide all kinds of bags online at an affordable price. Our best popular product is Clutch purse,  which is made in the USA.Purses were generally used in religious ceremonies,  then later were more commonly used for carrying money and valuables. Clutches come in a huge variety of shapes, makes, and styles, all of which can vary between brands and seasons."}
{"_id": "74266", "title": "", "text": "The value does change from 12.61% to 13.48%. The difference between re-investing cashflows at 14% vs 12% is not big enough to change the rounded value. Edit: The initial cashflow is discounted at t0, meaning it's already equal to its present value and the finance rate doesn't have an effect. It does impact future outgoing cashflows, as you've noted."}
{"_id": "74277", "title": "", "text": "\"The applicants go through the same process as for any other loan.  The only difference is that the \"\"bank\"\" is people like me, perhaps 200 of us on a note.  We kick in $25 or so on each note and get the opportunity to ask the applicant questions.  The investors pay a small percentage as fees to have professionals rate the notes.  The worse the credit, the higher the interest rates the note holder recieves.  Of course if the person stops paying, we receive nothing.  Calculated risk.    I invest in high risk notes sometimes depending on what it's for and have several in my portfolio.  It's literally microlending.  I can afford to lose $25 on a risky loan or two for a 19% profit because the rest of my portfolio is diversified into hundreds of 9-11% notes.  It works surprisingly well.\""}
{"_id": "74282", "title": "", "text": "&gt;I sense latent hostility in your phrasing, but I hope I am wrong. It feels like you are accusing me of making a profit,   No hostility intended.  I just know that if an incremental dollar is to be made from an investment, a business will venture into that increment.     Now yes, you have to look at ROI.   How long is the payback period on my investment?   Higher taxes make make the payback period take longer.   Perhaps the risk/reward payoff just doesn't make a risk worth while any more.  but at the end of the day, if investing in a new machine means you can improve productivity by 10%, and it means a 10% increase in net income before taxes, you're going to do it regardless of whether there's a 2% increase in taxes or not.  Some choices in business are more cut and dry than others.     All I'm saying is that business is really driven by profit, and if an investment will yield you more profit, you're probably going to make it."}
{"_id": "74283", "title": "", "text": "May I suggest putting it in a Roth IRA ($5,500 per year.  Right now you can contribute to both 2015 and 2016 so that's $11K.)?  Based on your description it sounds like your tax rate is very low, so it is awesome to put it away now and avoid taxes later on any gains you make on it.  You can use Roth IRA money to pay for college, a home, or retirement. Within your Roth IRA, any of the investment options mentioned here will work. For example, CD's or money market accounts if you just want it to grow in a pretty much savings-account-like manner.  You could also buy diversified mutual funds or have some fun buying individual stocks with some of it. I'm sorry to say that in the current market conditions you are not going to find a completely safe, cash-like investment or account that makes your money grow substantially.  To do that you have to bear risk by buying risky stuff like stocks."}
{"_id": "74287", "title": "", "text": "\"If you buy a long term bond with long term fixed interest rate, and then the interest rates increase, your bond is worth less. That's not a problem, because over the years the value of the bond will go back to its nominal value. If you have a bond that doesn't pay out annually but increases its value every year, you will get exactly the amount of cash when it pays out that you expected.  The problem is that if for 20 years interest rates were 8% while your bond only paid 4%, then you will have such an amount of inflation that the cash you get is worth much less than you hoped. You may have hoped that your bond would be worth \"\"one year average salary\"\", but it may be only worth \"\"six months of average salary\"\", even if the dollar amount is exactly what you expected.\""}
{"_id": "74369", "title": "", "text": "\"JoeTaxpayer's answer adequately explained leverage and some of your risks.   Your risks also include: The firm's risk is that you will figure out a way to leave them with a negative account that contributes to another customer's profit and yet you disappear in a way that makes the negative account impossible to collect. Another risk is that you are not who you say you are, or that the money you invest is not yours.  These are called \"\"know your customer\"\" risks.\""}
{"_id": "74373", "title": "", "text": "No necessarily.   Do you bring any unique value to the company other than a sweaty pair of hands?   Did you bring a unique skill, bring in investors, have relationships that are able to get the business off the ground, have intellectual property worth something to the business?  Did you cultivate the unique seeds or strain on your own before the business started?  These are all things one takes into consideration when dividng up shares in a company.  The question you need to ask yourself is could someone else have provided the sweaty hands other than you?  If yes, then unfortunately you provide no unique value to the business and that will be reflected in how share are portioned.   I'm speaking as a co-founder in a Silicon Valley tech company.   I've spent a lot of money with lawyers to understand this.   You should definitely talk to a lawyer."}
{"_id": "74393", "title": "", "text": "It is a mandatory process for every homeowner to inspect the building before buying or sell the building.  We are a good safety agency in the Australia, our experience team uses the new technology to inspect the main issue of the building. There is a lot of inspection service provider in Australia, but they are not proper qualified in this work. It is one of most inspector and trustable company. Get the good inspection group by means of Assured Building Inspections. We are specialising the maximum troubles in Pre Purchase Property Inspections \u2013 building &amp; pest inspections. Our impartial opinions, offer our clients with the confidence and peace of mind they need to do nicely knowledgeable, properly taken into consideration selections approximately any belongings constructing troubles. We  companion the maximum building inspection group for the higher result."}
{"_id": "74396", "title": "", "text": "3 years. I passed each of the three exams on the first try.   But don't forget, to actually receive the CFA charter you need 4 years of financial industry work experience (this can be earned concurrent to sitting for the exams)."}
{"_id": "74402", "title": "", "text": "You want CFP or CFA who is also a fiduciary, meaning that by law they have to put your interests ahead of their own. Financial planners who are not fiduciaries can, and often do, recommend investment vehicles that earn them the most commission with little regard of your financial goals. If you already have $500,000 to invest and racking up $100,000 a month you probably qualify for most institutions private client programs. That means that the firm/advisor will look at your financial situation and come up with a custom-tailored investment plan for you which should also include tax planning. I would start with whatever financial institutions you already work with - Schwab, your bank etc. Set up a meeting and see what they have to offer. Make sure you interrogate them about their fees, their licenses/certifications and above all if they are a fiduciary."}
{"_id": "74409", "title": "", "text": "This is a very good question and is at the core of corporate governance.  The CEO is a very powerful figure indeed. But always remember that he heads the firm's management only. He is appointed by the board of directors and is accountable to them. The board on the other hand is accountable to the firm's shareholders and creditors. The CEO is required to disclose his ownership of the firm as well.  Ideally, you (as a shareholder) would want the board of directors to be as independent of the management as it is possible. U.S. regulations require, among other things, the board of directors to disclose any material relationship they may have with the firm's employees, ex-employees, or their families. Such disclosures can be found in annual filings of a company. If the board of directors acts independently of the management then it acts to protect the shareholder's interests over the firm management's interest and take seemingly hard decisions (like dismissing a CEO) when they become necessary to protect the franchise and shareholder wealth."}
{"_id": "74448", "title": "", "text": "If you give me $216k to trash my credit report, I'll take it every time. People place too much value on the ability to borrow rather than having cash up front. I never pay interest (I do use a credit card and pay it off every month).  Why would you need to borrow money if you effectively got handed $200k? Of course, if your networth went from -$200k to 0, you are still broke. But considering that you were in that situation in the first place, the inability to borrow money may be a good thing."}
{"_id": "74462", "title": "", "text": "60 Minutes is just reporting this now?  Been going on for years &amp; years.  In the Silicon Valley tech industry, the jobs themselves are outsourced to Infosys, Wipro, TCS, or similar who hire &amp; manage the H1-B visas.  Apple, Facebook, PayPal, Mattel, utility companies; yep they all do this."}
{"_id": "74468", "title": "", "text": "I loved the mail DVD stuff to so long.  Bought stock at 7 and told my family to also since at minimum I thought DVD stores were going down.  Then I felt bad and got nervous when it dropped to $4.  Should have bought more at both points."}
{"_id": "74497", "title": "", "text": "Yes, one is certainly better than the other. Which one depends on your priorities and the interest and tax rates on your student loan, your savings, and your (future) mortgage plus how much you can afford to save and still enjoy the lifestyle you want as well as how soon you want to move out. Basically, you havn't given enough information."}
{"_id": "74499", "title": "", "text": "There's also the added problem of the fact that it costs 8 cents to manufacture a nickel so there's some uncertainty about how much it'll actually save. With more transactions moving electronic, this will be a much less of an issue over time."}
{"_id": "74503", "title": "", "text": "neobudget.com is a website that does exactly what you are describing. It is set up for electronically using the envelope system of budgeting.   Disclosure: neobudget was founded by a former coworker of mine."}
{"_id": "74509", "title": "", "text": "Besides, if you don't like how your Credit Union is investing your money, you can always agitate for change by asking members to change the board that governs it. Being a member of a Credit Union gives you a vote on how the institution runs itself."}
{"_id": "74517", "title": "", "text": "The home owner will knock 20% off the price of the house. If the house is worth $297K, then 20% is just a discount your landlord is offering.  So your actual purchase price is $237K, and therefore a bank would have to lend you $237K. Since the house is worth more than the loan, you have equity.  20% to be more accurate.  Another way to say is, the bank only wants to loan you 80% of the value of the item securing the loan. If you default on day one, they can sell the house to somebody else for $296K and get a 20% return on their loan. So this 20% you are worried about isn't actually money that anybody gives anybody else, it is just a concept."}
{"_id": "74526", "title": "", "text": "You create par levels for everything in the restaurant with set ordering times. For example at my pizza place we order everything except produce on Wednesday nights and Saturdays with deliveries coming Monday and Friday. Order produce so any vegetables and fruit we use on Tuesday Thursday and Sunday. Everything in the store has a shelf life and is labeled with the date it came into the store. Once you have expected product usage you just adjust to the projected sales volume so you don't run out or over order product. Also FIFO is and important part of managing food cost. Always make sure that the oldest product is used first. Let me know if you have any other questions."}
{"_id": "74543", "title": "", "text": "\"Additionally, the original commenter I was responding to was making an argument that \"\"they don't make money therefore they're a failure\"\", which isn't a bad argument to make if you're talking about *revenue*.  Companies that make no revenue are generally considered to be failures, so in that context, he would be correct to say \"\"they're a failure because they make no money\"\", and you wouldn't really need any other points to back up your argument.  That being said, plenty of businesses, start-ups especially burn through more money than they make. The lack of profit doesn't necessarily make them a failure provided they are still generating revnue, which Tesla is, and a lot of it.  So, if you'd like to have a discussion about whether they're making *enough* *revenue*, or whether they're poorly re-investing the *revenue* they are making, and how those factors might determine whether or not they should be considered a failure, then I'd be happy to participate.  But if you're only interested in making replies that try to condecend to me because you're too quick to jump to conclusions about what I've written, then have at it I guess. Whatever floats your boat.\""}
{"_id": "74554", "title": "", "text": "http://www.moneysupermarket.com/shares/CompareSharesForm.asp lists many. I found the Interactive Investor website to be excruciatingly bad. I switched to TD Waterhouse and found the website good but the telephone service a bit abrupt. I often use the data presented on SelfTrade but don't have an account there."}
{"_id": "74560", "title": "", "text": "How are shareholders sure to receive a fair percentage of each company?  At the time the split occurs, each investor owns the same proportion of each new company that they owned in the first.  What the investor does with it after that (selling one, for example) is irrelevant from a fairness perspective. Suppose company A splits into companies B and C.  You own enough stock to have 1% of A.  It splits.  Now you have a bunch of shares of B and C.  How much?  Well, you have 1% of B and 1% of C.  What if all the profitable projects are in B?  Then shares of B will be worth more than those of C.  But it should be the case that the value of your shares of B plus the value of your shares of C are equal to the original value of your shares of A.  Completely fair.  In fact, if the split was economically justified, then B + C > A.  And the gains are realized proportionally by all equityholders. Remember, when a stock splits, every share splits so that everyone owns both companies in the same proportion as everyone else.  Executives don't determine what the prices of the resulting companies are...that is determined by the market.  A fair market will value the child companies such that together they are worth what the original was."}
{"_id": "74567", "title": "", "text": "If you haven't shown that you are capable of handling this job right from day 1, firms most likely won't give you the benefit of the doubt.  That's not a new problem. I wouldn't even say it's a problem. If you want to get into a specific line of work, you need experience like internships or high grades."}
{"_id": "74576", "title": "", "text": "\"It's not impossible to forecast the future price of a commodity. However, it's exactly that; an educated guess, much like the weather, and the further out that prediction is made, the higher the percentage error is expected. A lot of information is gathered by various instruments, spotters etc at a very high cost of time and money, to produce a prediction that starts breaking down after about five days and is no more than a wild guess after about ten. How accurately a price can be forecast depends on the commodity. There are seasonal and thus cyclical changes in many commodities, on top of which there is a general trend which is nearer term. A pretty decent prediction can thus be arrived at with a relatively simple seasonally-adjusted percentage change algorithm; take a moving average of the last few measurements, compute the percent change versus the same period last year (current minus last divided by last) and multiply it by last year's number for the current day or month to arrive at a pretty decent prediction for the current and near-future periods (up to about as far ahead as you have looked behind). Another thing you may need to do is normalize. Many price graphs are very jittery; the price of a stock may fluctuate many percentage points on a single day, and there's a lot of \"\"noise\"\" inherent in them. A common tool to normalize is a box-and-whisker plot, which for a given time period will aggregate all samples within that period, and give you a measurement of the lowest sample, highest sample, median, and quartiles (the range of each 25% of the full sample space). Box plots can also be plotted on the \"\"interquartile range\"\" or \"\"middle fifty\"\"; this throws away the very noisy outliers and constructs a much more regular plot from the inner part of the bell curve. You can reverse-engineer a best-fit line connecting the elements of each box, and the closer two lines are, the more likely the real future data will be around that area (because the quartile between those to lines is very dense; 25% of the values are in a very small range meaning many samples occurred there). Lastly, there are outside factors that are not included in simple percentage growth. Big news must be taken into account by introducing more subjective guesses about future data. If you see an active hurricane season coming (or a hurricane bearing down on Galveston/Houston) then it's reasonable to assume that the price of oil and/or refined oil products (like gas and jet fuel) will skyrocket. A cyclical growth model will not predict these events, but you can factor in the likelihood of a big change with a base onto which you add last year's numbers, and onto that you add regular growth. Conversely, when a huge spike happens due to a non-cyclical event like a natural disaster, you must smooth it out by reducing the readings to fit in the curve, otherwise your model for next year will expect the same anomaly at the same time and so it will be wrong. These adjustments are necessary, but the more of them you make, the less the graph reflects real history and the more it reflects what you think it should have been.\""}
{"_id": "74579", "title": "", "text": "Its really not that hard to get.  Takes a month or two to study to pass it.  Realize though that if you are going to get the series, you are pegging yourself as a sell side roll.  If you are attempting to go buy-side, then you may want to look at different certifications (being a CFA level 1 candidate).  If you have time to burn though, get it, its a good education and a good intro to the world of finance and its not that hard to get.  Hope this helps.  Edit: also realize that if you do get it, and a company sponsors you, if you leave the firm, you have 2 years before the series expires, which means you gotta use it, or lose it.  As I recall, I may be wrong...but I have heard you can 'park' your series at a firm which will pay the FINRA / SEC fees for you.  But I believe they outlawed this practice."}
{"_id": "74583", "title": "", "text": "I agree with harmanjd \u2013 best to roll it over to an IRA.  Not only does that afford you better control of your money as pointed out already, but: If you choose your IRA provider wisely, you can get an account that provides you with a much wider array of investing choices, including funds and ETFs that charge much lower fees than what you would have had access to in an employer 401(k) plan. But here's one thing to consider first: Do you hold any of your previous employer's stock in your old 401(k)?  There are special rules you might want to be aware of.  See this article at Marketwatch:  If your 401(k) includes your company's stock, a rollover may be a bad move. Additional Resource:"}
{"_id": "74586", "title": "", "text": "\"Compare the first part of the statement, \"\"constant growth can only make most of us poorer\"\" with what is supposed to be evidence of that (ridiculous) claim.  Just because people are worse off (which isn't actually true if you aren't measuring things only in money) doesn't mean it *has to* work that way.  This is such a short run analysis and it is just so ridiculous my head is seriously about to explode.  Why not say, \"\"Since 1914 we have had consistent growth and everyone is better off for it\"\".  I hope that people this stupid never get any sort of political power because they are truly the destroyer of things.\""}
{"_id": "74589", "title": "", "text": "I've not heard it used in any way other than one's net worth reaching a million.  No 30 yr old lawyer brags that his cumulative income just passed $1M because he may not have saved a dime of it."}
{"_id": "74603", "title": "", "text": "You don't need to recharacterize. If you are married and your spouse is covered under a work retirement plan and you are not  the AGI limit in 2013 for folks that are married and filing jointly is $178,000 before the phase out begins. That was raised to $181,000 for 2014. A quick call to the broker/bank where your IRA is should confirm this."}
{"_id": "74615", "title": "", "text": "\"The VDE fund is an energy fund so this is a function of recent price changes in oil (and gas, coal, &c).   For example. Lets say last year when oil was $100 per barrel a bunch of companies saw a good return and put $ 100 million into a bunch of leases, boreholes, pumps, &c to return $10 million per year, and the market says yeah, they're all together worth 100M. Now oil is less, maybe $40 per the link.  These exploration companies don't have a lot of labor or variable costs; they are operationally profitable, may have \"\"use it or lose it\"\" leases or minimum pumping requirements for contract or engineering reasons.  Lets say the cash flow is 7M so the market values them at 70M.  They still have about 100M book value so here we are at .7 and I believe the scenario in the question.  Nobody would invest in new capacity at this oil price.  The well equipment could be repurposed but not the borehole or lease, so the best use is to continue pumping and value it on cash flow.  If an individual well runs negative long enough and goes bust, either a different pumper will pay the minimum price that gives profitable cash flow, or that borehole that cost millions to dig is shut off and rendered valueless.  The CNBC article says some explorers are playing games with debt to maintain yield, so there is that too. In the ETF, your bet is that the market is wrong and oil will go up, increasing future cash flows (or you like the current yield, taking on the risk that some of these oil explorers could go bust).\""}
{"_id": "74621", "title": "", "text": "\"Ultimately, it's a race to the bottom. People don't want to admit this, but the US is on its way out. We had a solid thing going for us but our government went for sale/got bought out by CEOs/lobbyist who had ties to other CEOs who just wanted to maximize profits. This started a trend of always needing to make more money every year. That's unsustainable, and it affects every common person. Anyone from poor to upper middle class. That's a lot of the US's population. This has created a class gap and it's all snowballing. This country runs on a system that exists to only benefit the rich. We need heavier taxes and heavier/extreme fines on the people who manipulate the system and legislate laws that negatively impact the population. I.e: Wall Street executives who caused the 2008 crisis. Heavy penalties like having all their assets forfeited or maybe even taking away their citizenship and banning them from the US. Speaking of the 2008 crisis, people took advantage of that as well. They used that crisis to minimize employees and maximize work at the smallest cost, making the population feel \"\"lucky to have a job\"\". We haven't recovered from that, and another more catastrophic recession is on the way.   The US is a hollow shell of what it used to be.\""}
{"_id": "74629", "title": "", "text": "Onsite Rentals is best place if you want to hire world class luxury sanitation, ordinary sanitation for all type of outdoor events.  Give us the best chance to provide you best services to make your events memorable.  For any query calls us- + (91) \u2013 9810084824 and email us- info@onsiterentals.com"}
{"_id": "74630", "title": "", "text": "This is a joke, just like all the other settlements.  What does it mean?  This payment just symbolizes all the money they are letting go of through short sales, etc.  Their just using this payment to cover their losses.  Its not a payment, its an agreement to relieve $16Billion in debts."}
{"_id": "74636", "title": "", "text": "\"Most of the fun in going out to eat with friends is in the socializing.  So if you want to skip the overpriced appetizers+dinner+drinks but don't want to miss the fun, you can always just do the \"\"oh I already ate, but I'll come along and just hang out/have a drink/snack/dessert!\"\"\""}
{"_id": "74640", "title": "", "text": "Siri isn't all that bad in my opinion and works well for what I need it to do. Maps, on the other hand, is complete garbage. It usually gets me to where I need to go, but feels very clumsy and uses tons of battery. The complete lack of data is another turnoff. Personally, I'd say that whoever decided to nix the Google Maps app is the bigger idiot. All that really needed to be done was integrate the turn by turn directions (rather than watching a tiny dot moving around)."}
{"_id": "74648", "title": "", "text": "In addition to what George said, there are other things that probably benefit Switzerland:"}
{"_id": "74659", "title": "", "text": "You may want to have a look at DiversifyPortfolio which will give you the info you want plus quite a bit more. They offer various tools all related to stock correlation and diversification. You'll be able to create heatmaps and various other charts showing stock correlations. It also has several scans which allow you to search for stocks that meet your requirements in terms of correlation to existing positions in your portfolio or to specific stocks / ETF's."}
{"_id": "74660", "title": "", "text": "Uh - yeah, and free land. Trust me. If Bezos said that he would build in Houston, or Memphis - the cities in question would immediately sign over the deed to hundreds of acres of land at no charge.    Walmart does the same shit when the open distribution centers."}
{"_id": "74668", "title": "", "text": "\"Due to the zero percent interest rate on the Euro right now you won't find any investment giving you 5% which isn't equivalent to gambling.  One of the few investment forms which still promises gains without unreasonable risks right now seems to be real estate, because real estate prices in German urban areas (not so in rural areas!) are growing a lot recently. One reason for that is in fact the low interest rate, because it makes it very cheap right now to take a loan and buy a home. This increased demand is driving up the prices. Note that you don't need to buy a property yourself to invest in real estate (20k in one of the larger cities of Germany will get you... maybe a cardboard box below a bridge?). You can invest your money in a real estate fund (\"\"Immobilienfond\"\"). You then don't own a specific property, you own a tiny fraction of a whole bunch of different properties. This spreads out the risk and allows you to invest exactly as much money as you want. However, most real estate funds do not allow you to sell in the first two years and require that you announce your sale one year in advance, so it's not a very liquid asset.  Also, it is still a risky investment. Raising real estate prices might hint to a bubble which might burst eventually. Financial analysts have different opinions about this. But fact is, when the European Central Bank starts to take interest again, then the demand for real estate property will drop and so will the prices. When you are not sure what to do, ask your bank for investment advise. German banks are usually trustworthy in this regard.\""}
{"_id": "74679", "title": "", "text": "Online video delivery and tracking is not new to the internet, however, it is only in recent times that web masters are waking up to the fine utility of this service. There are internet companies that specialize in uploading or hosting, if you would call it that, video you need to display on your site."}
{"_id": "74682", "title": "", "text": "Try to cash flow as much as you can. You can work and go to school, if you replace playing beer pong with a job you'll be in a lot better off at graduation, grade wise and debt wise. Make a budget, for each month and for each semester, plan cut cost accordingly. Used books, sometimes even the next to recent version. Read this book for more info Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents"}
{"_id": "74687", "title": "", "text": "Clearly the semantics of the discussion are of greater importance to you. Hospitals are not directly subsidized by the government.   Medicare originated with two parts: Part A: Medicare Hospital Insurance (HI) which covers hospital / hospice costs and Part B: Supplementary Medical Insurance (SMI) which covers outpatient costs.   Part C was added later by Clinton, which set up a system of selection of health insurance through private companies, and those private companies are then subsidized by the federal government."}
{"_id": "74688", "title": "", "text": "\"A.1 and B.1 are properly balanced, but \"\"Business Expense\"\" is an expense, not an asset. The T entries should be timestamped.  The time should be equal to the time on the credit card receipts.  This will make audit and balancing easier. A or B can be used, but if the the business is to be reimbursed for personal expenses, the accounts should be renamed to reflect that fact. More explicit account names could be \"\"Business expense - stationary\"\" and \"\"Personal expense - lunch\"\" or even better \"\"Personal expense - cammil - lunch\"\".  With a consistent format, the account names can be computer parsed for higher resolution and organization, but when tallying these high resolution accounts, debits & credits should always be used. When it comes time to collect from employees, only accounts with \"\"Personal expense\"\" need be referenced.  When it comes time to collect from \"\"cammil\"\", only net accounts of \"\"Personal expense - cammil\"\" need be referenced. An example of higher resolution, to determine what \"\"cammil\"\" owes, would be to copy the main books, reverse any account beginning with \"\"Personal expense - cammil\"\", and then take the balance.  Using the entries in the question as an example, here's the account to determine \"\"cammil\"\"'s balance: Now, after all such balancing entries are performed, the net credit \"\"Personal expense - cammil\"\" is what \"\"cammil\"\" owes to the business. The scheme for account names should be from left to right, general to specific.\""}
{"_id": "74709", "title": "", "text": "\"The decision as to what counts as income is up to the bank. You'll need to ask them whether or not rental income can be included in the total. I can offer some anecdotal evidence: when I applied for a mortgage to buy my home, I already had a rental property with a buy-to-let mortgage on it. Initially the bank regarded that property as a liability, not an asset, because it was mortgaged! However, once I was able to show that there was a good history of receiving enough rent, they chose to ignore the property altogether -- i.e. it wasn't regarded as a liability, but it wasn't regarded as a source of income either. More generally, as AakashM says, residential mortgages are computed based on affordability, which is more than just a multiple of your salary. To answer your specific questions: Covered above; it's up to the bank. If you're married, and you don't have a written tenancy agreement, and you're not declaring the \"\"rent\"\" on your tax return, then it seems unlikely that this would be regarded as income at all. Conversely, if your partner is earning, why not put their name on the mortgage application too? Buy-to-let mortgages are treated differently. While it used to be the case that they were assessed on rental income only, nowadays lenders may ask for proof of the landlord's income from other sources. Note that a BTL cannot be used for a property you intend to live in, and a residential mortgage cannot be used for a property you intend to let to tenants -- at least, not without the bank's permission.\""}
{"_id": "74714", "title": "", "text": "And you don't have to yet, that's the beauty of it.  Go talk to a dean at the business school and that of the pharmacy school.  You are not alone in this struggle.  Classses in the beginning are mix and match so there is not business themed.  Think freshman sophomore none electives in HS"}
{"_id": "74730", "title": "", "text": "\"Proverbs 11:14 states: \"\"For lack of guidance a nation falls, but many advisers make victory sure.\"\" Asking here is a good start.  You'll (hopefully) get a few opinions.\""}
{"_id": "74731", "title": "", "text": "NAVIENT is ripping off borrowers by making it difficult to increase your monthly Autopay amount to be above the minimum that they set.  NAVIENT gets more interest this way.  We have had several student loans with our kids and the other lenders make it easy to increase the amount.  SALLIE MAE was terrible and NAVIENT replaced them.  They are the same - they will get away with whatever they can to get more money out of borrowers. Student loans were not supposed to be a huge money maker for institutions like them."}
{"_id": "74737", "title": "", "text": "A credit on your account generally means that they owe you money. There could be several reasons for this: The pay button is generally always visible, even if you have a credit on your account. This gives you the option of prepaying your bill, if you choose, and also allows you to pay your bill if there is a database problem and the website is showing you the wrong total.  However, individual companies design their websites in different ways and use different terminology. I recommend a quick call to the energy company. They can tell you if you owe anything."}
{"_id": "74749", "title": "", "text": "It\u2019s actually become a problem.  To raise taxes above that threshold requires a public vote.  My city just raised them with a referendum for the schools.  It\u2019s pretty difficult though, and it definitely forces legislators to need the money for something voters want."}
{"_id": "74774", "title": "", "text": "\"If she reported the income on the business return, I'd treat this as a \"\"mail audit\"\". Try to get a clear statement from Square confirming what they reported, under which SSN/EIN, for what transactions. Make a copy of that. If at all possible, get them to send a letter to the IRS (copy to you) acknowledging that they reported it under the wrong number. Copy the IRS's letter. Square's letter, and both personal and business 2012 returns. Write a (signed) cover letter explaining what had happened and pointing out the specific line in the business return which corresponded to the disputed amount, so they can see that you did report it properly and did pay taxes on it as business income. End that letter with a request for advice on how to straighten this out.  Certified-mail the whole package back to the IRS at whatever address the advisory letter gives. At worst, I'm guessing, they'll tell you to refile both returns for 2012 with that income moved over from the business return to the personal return, which will make everything match their records. But with all of this documentation in one place, they may be able to simply accept that Square misreported it and correct their files. Good luck. The IRS really isn't as unreasonable as people claim; if you can clearly document that you were trying to do the right thing, they try not to penalize folks unnecessarily.\""}
{"_id": "74797", "title": "", "text": "Yapta.com will track flight prices, so you can know when a good time historically is to make a bunch of reservations.  Also, Air India has a frequent flier program so I hope you have signed up for it... you could get free flights once you get enough points (although I would probably use your points for upgrades to business class)."}
{"_id": "74801", "title": "", "text": "What are you babbling about? He's saying that buybacks are essentialy a return of capital, which is what they are. Only to go one with arguments that do not debunk and are heavily intertwined with personal beliefs and subjectivism doesn't nothing to change this."}
{"_id": "74808", "title": "", "text": "He said base salary. Most executive compensation is bonuses, awards, and long term incentives that vastly outweigh the actual cash they receive. Just check out a large company's proxy statement. Walmart's CEO received less than $3 million in cash last year."}
{"_id": "74820", "title": "", "text": "As long as Lyft's wages aren't artificially low and expected to be made up for via tips, who cares? It's not like a USA restaurant where servers are paid $3 an hour and the rest is made up for via the customers; Lyft drivers are both happier driving for the company and make more money per base rate wage than with Uber.   *[Source](http://www.npr.org/sections/alltechconsidered/2017/01/21/510479642/survey-finds-lyft-drivers-happier-than-uber-though-pay-has-declined)*  &gt;The rating model Uber uses is much better  What the actual fuck are you talking about? Uber drivers get paid the same whether their rating is a 4.6 or a 5.0. Rating has nothing to do with it."}
{"_id": "74822", "title": "", "text": "Get rid of the lease and buy a used car. A good buy is an Audi because they are popular, high-quality cars. A 2007 Audi A4 costs about $7000. You will save a lot of money by dumping the lease and owning. Go for quality. Stay away from fad cars and SUVs which are overpriced for their value. Full sized sedans are the safest cars. The maintenance on a high-quality old car is way cheaper than the costs of a newer car. Sell the overseas property. It is a strong real estate market now, good time to sell. It is never good to have property far away from where you are. You need to have a timeline to plan investments. Are you going to medical school in one year, three years, five years? You need to make a plan. Every investment is a BUY and a SELL and you should plan for both. If your business is software, look for a revenue-generating asset in that area. An example of a revenue-generating asset is a license. For example, some software like ANSYS has license costs in the region of $30,000 annually. If you broker the license, or buy and re-sell the license you can make a good profit. This is just one example. Use your expertise to find the right vehicle. Make sure it is a REVENUE-GENERATING ASSET."}
{"_id": "74825", "title": "", "text": "Interesting. Where I work (US) we don't have that problem as males get parental leave benefits too (not legally mandated, just a perk). I would imagine this is more of an issue with small companies rather than large enterprises, would be interesting to see a breakdown of the survey responders and their company size"}
{"_id": "74839", "title": "", "text": "The option is exercised. The option is converted into shares. That is an optional condition in closing that contract, hence why they are called options."}
{"_id": "74842", "title": "", "text": "I don't know which online casino we are talking about, but I would venture to say that online casinos, in general, are probably not the most trustworthy of businesses.  Caution is certainly in order.  That having been said, this isn't an e-mail from a stranger that contacted you out of the blue; you obviously trust them enough to have deposited some money with them, and it seems that they now owe you money. Let's assume for the moment that they are legitimate, and that they sincerely want to pay out your winnings.  If they are to pay you via a wire transfer, they would need your account number and routing number.  (This information is on every check that you write.)  In addition, if this is an international transfer, they would also need your bank's SWIFT number, or possibly an IBAN code. It does seem odd that they would pay you a partial payment with a check, but the rest has to be done via a wire transfer.  You could request that they send the remainder as a check, but I would imagine that if they refuse to send you a check, there is nothing you can do about it. If you decide to go ahead with the wire transfer, you could open up a new savings account with your bank first.  Then you could provide the account number for this new account, and if they are intending to clean out your account, there will be nothing in it.  (For extra protection, when you set up the account, you could ask the bank if they can set up a savings account that will accept incoming wire deposits, but no outgoing electronic withdrawals.) Either way, when you deposit the check you have and you receive this wire transfer, don't spend this money for a while.  Just let it sit in your account (you could transfer it to your main account, if you like), and wait a few weeks.  That way, if there is a problem with these payments and your bank insists on the money back, you will not be in trouble.  If they send you more than they owe you and ask for some of it back, it will be a clear indication of a scam.  Don't send them any money back. After a few weeks, you should be in the clear.  Good luck. By the way, online gambling is a terrible idea.  The fact that you don't trust the casino to pay out should tell you a lot about this industry.  After you receive these winnings (or even if you don't), the best advice I can give you is to stop gambling."}
{"_id": "74864", "title": "", "text": "I decided to open it with funds b/c the checking account I have is used as a savings, and has been stagnant. Doesn't make any noticeable interest, and I'm not tapping into it for now. Figured why not get some of it moving. Especially since I'm not working right now and am not contributing to retirement otherwise.  The old 401(k)s have been sitting still for many years, and aren't that full. Really miss my old deferred compensation fund, that does well even when I'm not contributing!"}
{"_id": "74874", "title": "", "text": "Sooo the ones that knew how fucked up the system was but had essentially no say in the matter are the ones that Amazon are taking down here. Seems that in no way is big pharma taking any damage here whatsoever.  Perhaps if Amazon then gets into production of these pharmaceuticals and decides to lower the wholesale price then big pharma would be in trouble, but neither of these things are likely."}
{"_id": "74900", "title": "", "text": "\"You've got a 3.9 GPA, numerous awards,  and your dream internship is at an insurance company? On top of that, one small and narrow minded enough to impose it's political and religious ideals on its employees?!?   What useful information are you hoping to take from this \"\"dream\"\"  internship? How to pretend to be someone else? To fulfill your grand aspirations to sell insurance?   Sorry,  I know you came here looking for interview advice,  but I'm not going to blow sunshine up your ass. I'd be wary of any company that touts it's conservative ideals as a condition of continued employment,  but it's especially ridiculous to work in the insurance industry. It's entirely unsurprising you got an interview after only 6 hours. You're wholly over qualified,  find something better.\""}
{"_id": "74912", "title": "", "text": "We are quickly becoming one of the world's best adult dating websites for the modern man or women. If you want choice and convenience in your life, then you can visit our website. After registration, you will get a lot of contacts girls to fuck. Our website is 100% safe. So what are you waiting for? Start a new registration or get the stylist relationship today."}
{"_id": "74924", "title": "", "text": "I think the problem is that for a desirable job you'll often have two equally qualified people but one has a job and one doesn't.  It always looks a little bit better to hire someone away from a competitor than to hire someone out of the jobless pool.  This is why it is important to give employers a tax credit for hiring the unemployed.  It takes that above equation and shifts it a little.  It also signals to society that it is important to get these people back in the workforce."}
{"_id": "74936", "title": "", "text": "\"The \"\"right place\"\" is typically somewhat exclusive and you've had to work pretty hard to get there to begin with. Right time is more luck, but you can make judgement calls here too.  For example I've been at the right place and (possibly - can't really tell without executing myself) right time for a huge number of opportunities. I had to pick one.  Am I super lucky, or very good at networking? Or why do I keep being so often in what appears to be the right place at the right time?\""}
{"_id": "74958", "title": "", "text": "In addition to taking into account your deductions, as mentioned by @bstpierre, you also need to account for vacation, and other time off such as sick days. You also need to estimate what percentage of the year you expect to be working and pro-rate your salary accordingly.  For example it is not uncommon to use 40 weeks out of the year which is about 77% of the time.  Also check to see if you would be eligible for unemployment for the times you are not working.  I suspect not.  But in any case, you might want to use worst case scenario figures to see if it is worth it, especially in this economy."}
{"_id": "74964", "title": "", "text": "There is a survivorship bias in the mutual fund industry. It's not about individual stocks in which those funds invest. Rather, it's in which funds and fund companies/families are still around. The underperforming funds get closed or merged into other funds. Thus they are no longer reported, since they no longer exist. This makes a single company's mutual funds appear to have a better history, on average, than they actually did. Similarly, fund companies that underperform, will go out of business. This could make the mutual fund industry's overall history appear to be better than it actually was. Most companies don't do this to deliberately game the numbers. It's rational on the part of fund companies to close underperforming funds. When a fund has a below average history, investors will likely not invest in it, and will remove their existing money. The fund will shrink while the overhead remains the same, making the fund unprofitable for the company to run."}
{"_id": "74975", "title": "", "text": "Banking, transactions carried on by any individual or firm engaged in providing financial services to consumers, businesses, or government enterprises. In the broadest sense, banking consists of safeguarding and transfer of funds, leading or facilitating loans, guaranteeing creditworthiness, and exchange of money. These services are provided by such institutions as commercial banks, savings banks, trust companies, finance companies, and merchant banks or other institutions engaged in investment banking. A narrower and more common definition of banking is the acceptance, transfer, and, most important, creation of deposits. This includes such depository institutions as commercial banks, savings and loan associations (more common in the United States), building societies, and mutual savings banks. All countries subject banking to government regulation and supervision, normally implemented by central banking authorities. For further information on central banks and investment banking, see the relevant articles."}
{"_id": "74992", "title": "", "text": "The victim never actually receives the money, so that is not an option. The scammer generates the transaction using a fraudulent check. Once the check is found to be fraudulent the chain of involved banks claw the money back (which is the bank's money, not the scammer's). So, what happens is the victim sees a deposit in their account, but it is not real, it is a conditional deposit by the bank made on the assumption that the payment is good (which it is not). When the victim endorses a check, they are guaranteeing to the bank that they consider the check good and vouching for the check. That is why the bank credits the victim's account, because the victim has vouched for the check. When the check later turns out to be fraudulent, the victim owes the bank money. In theory, people who endorse a fraudulent check could be criminally prosecuted, but that does not happen normally."}
{"_id": "75005", "title": "", "text": "If you and your wife are owners, your tickets might be a business expense against the rental income. 'Might' as in the IRS will be happy to audit you, seeing the kids went as well and prorating the expense as say 25% was really business, the rest, family vacation.  If this $4000 write off is the make or break for this deal, don't do it."}
{"_id": "75017", "title": "", "text": "\"Your Spidey senses are good. A good friend would not put you in such a position. It's simple, to skirt some issue (we'll get to that in a second) you are being asked to lie. All for a 15% return on your $$$$. <<< How much is that?  You can easily lend him the money, and have a better paper trail. But the bank is not going to like that, and requires this money from friends or family to be a gift. I've heard mortgage guys at the bank say \"\"It's just a formality, we need this paperwork to sell the loan to the investors.\"\" These bankers belong in jail, or at least fired and barred from the industry. They broke the economy in 2008, and should be stopped from doing it again.\""}
{"_id": "75021", "title": "", "text": "\"Coming from an area that is hurricane prone, and seeing what happens to local businesses during evacuations/power outages/gas shortages, I think what you already have on hand should be sufficient. And it sounds like that's exactly what you're budgeting for.  I'd say 2 weeks worth of fuel and food costs, with the budget for each in line with riding out a natural disaster. True \"\"Preppers\"\" would say keep your money in gold buried in the backyard surrounded by land mines, but that's not perhaps what you're looking for. It is not uncommon for gas stations and grocery stores to revert to cash only sales, especially if they're not big chain operations. If the internet is out, or power is spotty, they may not be able to process CCs. Again, think smaller or more rural businesses. I have seen gas stations switch to cash only during gas shortages as well to help limit how much fuel people were buying.  $250 should get you through fine unless you drive a tank and need steak every night. You could probably go with less, but it's entirely dependent on your needs. As Joe rightly stated in his answer, if it's desperate enough times that you can't use a CC or debit card, cash may not even be useful to you.\""}
{"_id": "75024", "title": "", "text": "Assuming that you have capital gains, you can expect to have to pay taxes on them. It might be short term, or long term capital gains. If you specify exactly which shares to sell, it is possible to sell mostly losers, thus reducing or eliminating capital gains.  There are separate rules for 401K and other retirement programs regarding down payments for a house. This leads to many other issues such as the hit your retirement will take."}
{"_id": "75053", "title": "", "text": "We collectively agree that a dollar has a certain value. That's it. We believe in money. Welcome to the collective delusion of fiat currency.  We all could just as easily think they were all useless bits of paper and use them as firestarters. But the economy would have to tank in spectacular fashion for people to start doing that."}
{"_id": "75056", "title": "", "text": "Oh look, it's a libertarian ideologue. How quaint.  &gt; The truth is that throughout history, where the greatest income inequalities exist (between the bottom 10% and top 10%, discounting dictatorships where only a tiny amount of people control the wealth), the standard of living of the poor is highest.   This is demonstrably false.  **Countries with the lowest levels of income inequality:**           1. Denmark     2. Japan     3. Iceland     4. Sweden     5. Czech Republic     6. Norway     7. Slovakia     8. Finland     9. Belarus     10. Ukraine       **Countries with the highest levels of income inequality:**           1. Honduras     2. South Africa     3. Bolivia     4. Colombia     5. Angola     6. Haiti     7. Afghanistan     8. Botswana     9. Equatorial Guinea     10. Namibia       [source](http://www.visionofhumanity.org/gpi-data/#/2010/GINI)  And if you don't trust these figures, go look at [the Wikipedia page on countries listed by income inequality](http://en.wikipedia.org/wiki/List_of_countries_by_income_equality). Note that the sources are all largely in agreement with each other."}
{"_id": "75063", "title": "", "text": "This is what I used during my MBA.  My biggest complaint is that it is not a database for analytic (it pulls from a database).  I hear think or swim has the capability to extract data and offers a free version - anyone know if that is true?"}
{"_id": "75066", "title": "", "text": "\"&gt; There aren't only two factors at play here.  Absolutely. There are many factors that go into success.  &gt; His genius has been rivaled very few times over the past 250+ years.  The thing about art is that older is better. For example, who has rivaled shakespeare? Or even better homer? It's unfair to blame modern people for not being columbus because you can't \"\"rediscover\"\" america.  The point is that there are just as equally talented people at every generation, but a lot of external factors must come into play for one to become bach, shakespeare, etc.  &gt;  Both Bach and such nameless composers put conscious effort into the placements of their notes, so luck is not a factor.   That's nonsense. Luck is always a factor. However, it's not the sole factor.\""}
{"_id": "75073", "title": "", "text": "Online Jewellery Shop is the best online stores in Melbourne, Australia. We provide a huge range of top class, stylish and trendy Jewellery for men and women at reasonable cost. Our new collection is open! Visit today &amp; find fresh stock! Start Shopping!"}
{"_id": "75097", "title": "", "text": "From Chase FAQ it looks like this is a regular ACH transfer. ACH transactions can be reversed under certain conditions. I haven't been able to find some authoritative link on this, so I suggest this (thenest.com budgeting blog) instead: Allowed Reasons You can have ACH transactions reversed for one of three reasons under   the rules: wrong money amount, wrong account or duplicated   transactions. For example, if your mortgage bill is for $756.00, but   your lender's website messes up and you're charged $856.00, the   transaction is reversible it because it's the wrong dollar amount. If   the website charges you $756.00 twice, the second duplicated   transaction is reversible. Reversal Procedures You might have to bring a mistake to the originator's attention to get   it fixed. Only the originator -- the person or company taking or   sending money -- can ask for a reversal. For example, if you have a   transaction for a wrong dollar amount from your lender's website, the   originator is the lender. An originator is supposed to send the   reversal within 24 hours of the error's discovery and within five   banking days of the original transaction. When a reversal is required   because of a wrong amount or wrong account, the originator must send a   correcting entry with the right information. Bank's Responsibility A bank should honor an ACH reversal, even if it means debiting a   customer's account again because of a correcting transaction. However,   the bank doesn't have to debit your account if you closed it or the   new transaction would overdraw it. Your bank does have to tell you if   a correcting entry is going to take money out of your account, but the   bank doesn't need your permission to do it."}
{"_id": "75108", "title": "", "text": "The statement in Wikipedia is generic. Whether a particular Bank would charge as per above example or not would be in the card holder's agreement.   So if you do not have any dues, and on 10th April you charge $1000, and on 13th April you charge $500. Statement date is 18th April. Grace Period to pay is say 10th May.   If you do not pay in full by 10th May, and say you only pay $500, Bank would charge interest from 19th April to 10th May for $1500, post 10th may they would charge interest for $1000 balance. Further all fresh purchases would be charged interest from day 1. Net Net Morale of the story is do not carry / revolve money on Credit Card. For all practial purposes use a credit card as a convenience card."}
{"_id": "75112", "title": "", "text": "TSP.Ninja http://www.tsp.ninja has all the TSP funds with good visualizations that are very similar to Google Finance."}
{"_id": "75127", "title": "", "text": "The question is whether the assessment is in line with surrounding homes. If my 1500 sq ft house on 1/4 acre is assessed far higher than a similar sized house/land nearby, I'd have a case. +/- 10% can be for age/quality, but 25% or more, I'd investigate. mhoran is right, values for different purposes need not align. A start would be to use a service like Zillow which offers property tax information, as well as house sizes. Let us know what you discover. Welcome to Money.SE"}
{"_id": "75130", "title": "", "text": "I know nothing about mining. Is it possible that technological improvements can lead to over supply? Or are you determined that even with this much craze, that it's production will be held relatively constant.  I'd also like to point out, that maybe only King Midas has ever enjoyed owning gold."}
{"_id": "75131", "title": "", "text": "It was both.  CDOs also contributed.  Unfortunately, when the bankers kept packing up their loans they lost track of the risk as did the financial institutions offering instruments to deleverage that risk.  So when the subprime borrowers began to fail the institutions started getting hit with risk that they hadn't prepared for.  Flippers and home owners who used their homes as ATMs then saw their home values crash and it all fell apart.   We are seeing some of this again with owners getting more HELOCs but the real concern is with car loans, credit card and student loan debt."}
{"_id": "75132", "title": "", "text": "Many Web sites and articles warn against buying former rental cars,   because people renting these cars often mistreat them. Rental cars are typically driven by people over 25, these are typically people with some financial means (air travel, credit card). Additionally, rental cars are subject to frequent inspection and likely to be on tighter maintenance schedules than many owners would keep. So while some people may drive a rental harder than they would their own car, it's not typical, and not likely to result in some hidden damage that makes a rental less desirable (all else being equal) on the used-car market. Does the fact that they sell the car mean during this time suggest that they know the car's cost of further maintenance or other costs will be higher? Or is there another reason they sell at this time which, has a calculated advantage to them, but which is less than idea statistically for me, the purchaser? Rental companies buy at incredible volumes, as such, some manufacturers have programs where they will buy back used cars from the rental company at a set price and/or time. Other incentives are guaranteed depreciation, wherein the manufacturer will make up the difference if the used vehicle doesn't sell for a set percentage of it's purchase price after a set amount of time. Outside of these incentive programs, rental companies also get substantial volume discounts, and they typically are buying base models which hold value better than their higher-trim counterparts (according to KBB market analyst). So the conventional wisdom about depreciation doesn't really apply. The timing of their sales is primarily based on their purchasing arrangements and their desire to keep an up to date fleet, not on projected maintenance/repair costs. The best you can do with any used-car purchase is to test-drive, get a pre-purchase inspection, and review whatever history is available."}
{"_id": "75154", "title": "", "text": "I'm not quite sure what you're shooting for here... if you're trying to determine that people put more thought into a $1000 purchase than a $1.50 purchase it might be helpful.  I honestly can't tell you who the CEO of Coke (Dasani water) or Pepsi (Aquafina water) is. I can tell you that the CEO of HP has talked about getting out of the PC business and his actions in the purchase of and subsequent mismanagement of Palm would have an impact as to whether or not I'm confident in handing his company 1/2 a paycheck."}
{"_id": "75176", "title": "", "text": "oh those darned hippy liberal economists! LOL great reporting fox! (/s)  i know this because i've read you're other articles, and those were [shitty] propaganda as well, so because of that, then this must be another attempt to brainwash in your quest to supply misinformation through another one of your asymmetric propaganda statistics. (am i doing it right?)   after fox read the first chapter of their macro 101 textbook, *Basics: Supply &amp; Demand* ; they've come to the conclusion, that with little to no regard to the labour market,  the primary indicator (and only) for the wage increase was due to deporting [illegal] immigrants.   im just curious what the financial standing will be of some of these companies and if they will be able to afford such a substantial increase in wages?  effects on R&amp;D?  how will productivity be affected when we see a shift from workers who are fighting for their family's lives, sending money back home, to less competition for workers with a falsified sense of job security?  what if the economy is just in a boom?   some questions i'll leave you with, would love to hear the other side and start a discussion on this topic!"}
{"_id": "75195", "title": "", "text": "I have a very similar situation doing side IT projects.  I set up an LLC for the business, created a separate bank account, and track things separately.  I then pay myself from the LLC bank account based on my hours for the consulting job.  (I keep a percentage in the LLC account to pay for expenses.)  I used to do my taxes myself, but when I created this arrangement, I started having an accountant do them.  An LLC will not affect your tax status, but it will protect you from liability and make things more accountable come tax time."}
{"_id": "75196", "title": "", "text": "Wedding are the special occasion of anyone\u2019s life. There is no other best way to dress for your wedding than a linen vest for a wedding. Stay calm &amp; cool on your wedding &amp; amaze your guest &amp; your partner with that, not to forgettable look with lots of colors to choose from for linen vest for a wedding."}
{"_id": "75212", "title": "", "text": "I would respectfully disagree.  They have chosen to invest in commodities that provide no return (Gold, Rare Earth Metals) over derivatives that lose money.  I believe the following explains some of their logic.  http://www.businessweek.com/news/2012-10-05/jpmorgan-loss-proves-system-too-complex-china-s-gao-says  They take issue with the basis of the Western financial system, and while Gao claims he is speaking about his personal beliefs, his observations are quite accurate.  Most of the transactions in the financial system add very little value, while commissions and fees are taken from every transaction. This is one of the core issues that isn't talked about, but is a very real cause of trade disputes between the US and China.  (And arguably all of the BRICS nations)  A simple example of what I mean is when BoA slapped monthly debit fees on everyone's account.  Thanks, but what did that really do for their customers?  Another attempt to 'pick' the customers pocket."}
{"_id": "75235", "title": "", "text": "The ownership of the house depends on what the original deed transferring title at the time of purchase says and how this ownership is listed in government records where the title transfer deed is registered. Hopefully the  two records are consistent.  In legal systems that descended from British common law (including the US), the two most common forms of ownership are tenancy in common meaning that, unless otherwise specified in the title deed, each of the owners has an equal share in the entire property, and can sell or bequeath his/her share without requiring the approval  of the others, and joint tenancy with right of survivorship meaning  that all owners have equal share, and if one owner  dies, the survivors form a new JTWROS. Spouses generally own property,  especially the home, in a special kind of JTWROS called tenancy by the entirety. On the other hand, the rule is that unless explicitly specified otherwise, tenancy in common with equal shares is how the owners hold the property. Other countries may have different default assumptions, and/or have multiple other forms of ownership (see e.g. here for the intricate rules applicable in India). Mortgages are a different issue. Most mortgages state that the mortgagees are jointly and severally liable for the mortgage  payments meaning that the mortgage holder does not care who makes the payment but only that the mortgage payment is made in full. If one owner refuses to pay his share, the others cannot send in their shares of the mortgage payment due and tell the bank to sue the recalcitrant co-owner for his share of the payment: everybody is liable (and can be sued) for the unpaid amount, and if the bank forecloses, everybody's share in the property is seized, not just the share owned by the recalcitrant person.  It is, of course, possible to for different co-owners to have separate mortgages for their individual shares, but the legalities (including questions such as whose lien is primary and whose secondary) are complicated. With regard to who paid what over the years of ownership, it does not matter as far as the ownership is concerned. If it is a tenancy in common with equal shares, the fact that the various owners paid the bills (mortgage payments, property taxes, repairs and maintenance) in unequal amounts does not  change the ownership of the property unless a new deed is recorded with the new percentages.  Now, the co-owners may decide among themselves as a matter of fairness that any money realized from a sale of the property should be divided up in accordance with the proportion that each contributed during the ownership, but that is a different issue. If I were a buyer of property titled as tenancy in common, I (or the bank who is lending me money to make the purchase) would issue separate checks to each co-seller in proportion to the percentages listed on the deed of ownership, and let them worry about whether they should transfer money among themselves to make it equitable. (Careful here! Gift taxes might  well be due if large sums of money change hands)."}
{"_id": "75237", "title": "", "text": "While I also like to strike back at the boomers who love to blame millennials, that's not actually what the article is saying. It's stating that the trend is moving away from their niche, and that's impacting their business, which is a completely valid and defensible hypothesis."}
{"_id": "75245", "title": "", "text": "so i'm an older millenial living in a large metro. I'm in a situation where the trendy urban/downtown neighborhoods apts/condos are way to expensive for me because the demand is so high, but up until recently i can't afford a house in the outer, newer burbs either. so i'm left renting apartments in inner suburbs."}
{"_id": "75252", "title": "", "text": "Obviously, the credit card's administators know who this charge was submitted by. Contact them, tell them that you don't recognize the charge, and ask them to tell you who it was from. If they can't or won't, tell them you suspect fraud and want it charged back, then wait to see who contacts you to complain that the payment was cancelled. Note that you should charge back  any charge you firmly believe is an error, if attempts to resolve it with the company aren't working. Also note that if you really ghink this is fraud, you should contact your bank and ask them to issue a new card number. Standard procedures exist. Use them when appropriate."}
{"_id": "75269", "title": "", "text": "\"I always find comments like this to be funny rather than offensive. Because people like this guy love to use America as the standard for white greatness, but they will completely ignore any third world country in Europe because then suddenly \"\"it's different.\"\"\""}
{"_id": "75270", "title": "", "text": "Risk. Volatility. Liquidity. Etc.  All exist on a spectrum, these are all comparative measures.  To the general question, is a mutual fund a good alternative to a savings account? No, but that doesn't mean it is a bad idea for your to allocate some of your assets in to one right now. Mutual funds, even low volatility stock/bond blended mutual funds with low fees still experience some volatility which is infinitely more volatility than a savings account.  The point of a savings account is knowing for certain that your money will be there.  Certainty lets you plan. Very simplistically, you want to set yourself up with a checking account, a savings account, then investments.  This is really about near term planning.  You need to buy lunch today, you need to pay your electricity bill today etc, that's checking account activity.  You want to sock away money for a vacation, you have an unexpected car repair, these are savings account activities.  This is your foundation.  How much of a foundation you need will scale with your income and spending.   Beyond your basic financial foundation you invest.  What you invest in will depend on your willingness to pay attention and learn, and your general risk tolerance. Sure, in this day and age, it is easy to get money back out of an investment account, but you don't want to get in the habit of taping investments for every little thing. Checking: No volatility, completely liquid, no risk Savings: No volatility, very liquid, no principal risk  Investments: (Pick your poison) The point is you carefully arrange your near term foundation so you can push up the risk and volatility in your investment endeavors.  Your savings account might be spread between a vanilla savings account and some CDs or a money market fund, but never stock (including ETF/Mutual Funds and blended Stock/Bond funds). Should you move your savings account to this mutual fund, no.  Should you maybe look at your finances and allocate some of your assets to this mutual fund, sure.  Just look at where you stand once a year and adjust your checking and savings to your existing spending.  Savings accounts aren't sexy and the yields are awful at the moment but that doesn't mean you go chasing yield.  The idea is you want to insulate your investing from your day to day life so you can make unemotional deliberate investment decisions."}
{"_id": "75273", "title": "", "text": "A friend recently bought an 800\u20ac TV on 0% financing. Sounded like a sensible thing to do. Why pay 800 when you can pay 80pm for 10 months? It took 30mins to set up the 'loan'. She had to sign all kinds of documents, giving away much personal information (age, employment info, income, email address etc). She now has a financial relationship with an institution which has nothing to do with the item purchased. She is bombarded with all kinds of financial offerings. She regrets taking out the finance. She had the money. The hassle and the unwanted links to banks make the deal unattractive. Perhaps she should have tried to make a cash deal..."}
{"_id": "75288", "title": "", "text": "There is no reason he needs to know the full project's budget. Clearly define the problem you need him to solve and ask him to quote you a price. If it's more than a weeks work I suggest reviewing in stages. It's very common for inexperienced developers to find themselves out of their depth and burn time. This is important if he's charging you by the hour and not a fixed price.  Also, make sure you have very clear specifications and expectations from your client so you avoid scope-creep. Changes made by your client can lead to more costs with your backend developer. Ideally you should have provisions with your client contract that you can increase the fee when changes are requested. This usually happens when a project isn't spec'd in enough detail.  Good luck with your project."}
{"_id": "75293", "title": "", "text": "If you're willing to entertain the fact that a lack of any action by the fed would have killed market confidence and caused equities to tank, gold could have been a suitable asset in a flight to quality.  Of course as others have said the drop would just be the uncertainty about QE3 being removed from the price"}
{"_id": "75296", "title": "", "text": "I wouldn't worry about a manager until you have multiple employees in that area... If you hire good people (that part is hard) you should be fine with a daily call or sometype of online scheduling where you can see status of your employees, their schedules etc..."}
{"_id": "75300", "title": "", "text": "\"This question has been absolutely perplexing to me.  It has spawned a few heated debates amongst fellow colleagues and friends. My laymen understanding has provided me with what I believe to be a simple answer to the originator's question.  I'm trying to use common sense here; so be gentle. FICO scores, while very complex and mysterious, are speculatively calculated from data derived from things like length of credit history, utilization, types of credit, payment history, etc. Only a select few know the actual algorithms (closely guarded secrets?).  Are these really secrets? I don't know but it's the word on the street so I'm going with it! Creditors report data to these agencies on certain dates- weekly, monthly or annually.  These dates may be ascertained by simply calling the respective creditor and asking.  Making sure that revolving credit accounts are paid in full during the creditors \"\"data dump\"\" may or may not have a positive impact on ones FICO score. A zero balance reported every time on a certain account may appear to be inactive depending on how the algorithm has been written and vice versa; utilization and payment history may outweigh the negativity that a constantly zero balance could imply. Oh Lord, did that last sentence just come out of my head? I reread it four times just make sure it makes sense. My personal experience with revolving credit and FICO I was professionally advised to: Without any other life changing credit instances- just using the credit card in this fashion- my FICO score increased by 44 points.  I did end up paying a little in interest but it was well worth it. Top tier feels great! In conclusion I would say that the answer to this question is not cut and dry as so many would imply. HMMMMM\""}
{"_id": "75301", "title": "", "text": "One problem with that idea: companies don\u2019t set out to cure a particular disease. They try various ideas to see what does what and sometimes hit on something. That sort of aimless wandering often helps in other areas and isn\u2019t reproduced in the x-prize scenario."}
{"_id": "75326", "title": "", "text": "Good job.  Assuming that you are also contributing to retirement, you are bound to be a wealthy person.  I'm not really sure how Australia works as far as retirement, but I am pretty sure you are taking care of that too.    Given your time frame (more than 5 years) I would consider investing at least a portion of the money.  If I was you, I would tend to make that amount significant, say 75% in mutual funds, 25% in your high interest savings.  The ratio you choose is up to you, but I would be heavier in the investment than savings side.  As the time for home purchase approaches, you may want more in savings and less in investments. You may want  to look at a mutual fund with a low beta.  Beta is a measure of the price volatility.  I did a google search on low beta funds, and came up with a number of good articles that explains this further.  Having a fund with a low beta insulates you, a bit, from radical swings in the market allowing you to count more on the money being there when needed. One way to get to the proper ratio, is to contribute all new money to the mutual fund until it is in proper balance.  This way you don't lower your interest rate for a month. Given your time frame, salary, and sense of responsibility you may be able to do the 100% down plan.  Again, good work!"}
{"_id": "75333", "title": "", "text": "\"Boomers have also inordinately \"\"bid up\"\" the prices of a lot of things -- everything from stocks to housing -- simply because they as a \"\"bulge\"\" were all attempting to (in the aggregate) buy basically the same things at essentially the same time.  Basically a LOT of demand chasing (and driving) a supply. This often made the previously acquired assets (i.e. the \"\"early boomer\"\" contingent who got there &amp; bought in first) appear to increase quickly in price.  The opposite effect will happen as they retire/die off -- either they (or their heirs) will choose (or need) to sell off their various accumulated assets.  Then suddenly the supply will begin to \"\"bulge\"\" instead (selling off portfolios of stocks -- even *required* as pensions need to be paid, or as Boomers reach +70-1/2 and are mandated by law to begin selling off &amp; cashing in specific %'s of their 401K and IRA holdings) -- and likewise with housing, aging Boomers will downsize, selling off the \"\"McMansions\"\" (which they never really needed, and which in retirement will be burdensome to maintain) and trying to move into (or selling off) the several second &amp; third \"\"vacation homes\"\".  End result will be a big \"\"dump\"\" of supply of housing onto the market -- a supply that GenX does not have the demographic numbers to \"\"consume\"\" (and which it does not appear the frugal-minded GenX even WANT to buy at anything like the same rates the Boomers did, even if they were capable of paying the price, which it also appears they cannot, having been \"\"hindered\"\" in career &amp; salary gains by the bulge of Boomers in positions above/before them); and then GenY -- the \"\"Echo Boomers\"\" which while larger than X are NOT the equivalent of the original Boomers, and who are carrying an unprecedently huge (house-sized) debt load (but minus the house -- and in many cases as debt which cannot be erased as it is in student-loan form) from the beginning of their careers (in which they are being paid significantly LESS than previous generations) -- and who are delaying (and then limiting) the formation of \"\"households\"\" as a result.  *And that is just how \"\"demographic bulges\"\" play out -- it was all entirely predictable (and was in fact predicted by many).*\""}
{"_id": "75337", "title": "", "text": "A rule of thumb I like to follow when purchasing things from CL listed well below value is this.. Assess the level of affluence of the seller. People living in poor neighborhoods are much more likely to try and hide things that would deter buyers as they are more likely to need the money. I find that when I go to a big house with 4 cars in the driveway the seller is more likely to be honest because she likely doesn't need the money from the sale.  Edit: I seem to have angered the PC police with this answer. This is based on facts and statistics, not my opinion. I have no bias against poor people."}
{"_id": "75341", "title": "", "text": "\"Calling this \"\"strange\"\" is an understatement. I'd call it illegal. You can't pay healthcare premiums with HSA funds while you are employed (unless you are on COBRA), and if you over contribute you pay a 6% tax on the overage unless you correct it. Furthermore, overage contributed by an employer must be treated as taxable wages, so they'd be better off just calling it a bonus and writing you a normal check. At least that way you wouldn't have to pay the 6% penalty on top of taxable wages.\""}
{"_id": "75358", "title": "", "text": "In today\u2019s world, mobile apps have taken center-stage in our lives in many ways - shopping, ordering food, looking for services, checking out reviews, testing new products, booking tickets for events, using social media, reading news. Read full story."}
{"_id": "75369", "title": "", "text": "There are advantages in bringing in an expert on branding \u2013 particularly when that person is a good listener, has a creative mind and, when they speak, has something useful to say. Consultants who meet all three of these criteria are rare indeed. Ones that don\u2019t are never worth their fees."}
{"_id": "75372", "title": "", "text": "Bond MF/ETF comes in many flavour, one way to look at them is corporate, govt. (gilt/sovreign), money market (short term, overnight lending etc.), govt. backed bonds. The ETF/MFs that invest money in these are also different types. One way to evaluate an ETF/MF is to see where they invest your money. Corporate debts are by the highest coupon paying bonds, however, the chance of default is also greater, if you wish to invest in these, it is preferable to look at the ETF/MF's debt portfolio financial ratings (Moodies etc.). Govt. bonds are more stable and unless the govt. defaults (which happens more often than we would like to think), here also look for higher rating bonds portfolio that the fund/scheme carries. The govt. backed bonds are somewhat similar to sovreign bonds, however, these are issuesd by institutions which are backed by govt. (e.g. national railways, municipal bodies etc.), any fund/scheme that invests in these bonds could also be considered and similarly measured. The last are the short term money market related, which provides the least return but are very liquid. It is very difficult to answer how you should invest large sum on ETF/MFs that are bond oriented. However, from any investment perspective, it is better to spread your money. If I take your hypthetical case of 1M$, I would divide it into 100K$ pieces and invest in 10 different ETF/MF schemes of different flavour: Hope this helps."}
{"_id": "75386", "title": "", "text": "I would agree more with the second one. I've been on Slickdeals about 5 years and it's like the 'extreme couponing' of the internet. A policy that many members hold to is never call the company if the deal seems too good to be true, because it's possibly a mistake that they could change."}
{"_id": "75410", "title": "", "text": "To your first question: YES. Capital gains and losses on real-estate are treated differently than income. Note here for exact IRS standards.  The IRS will not care about percentage change but historical (recorded) amounts.   To your second question: NO  Are you taxed when buying a new stock? No. But be sure to record the price paid for the house. Note here for more questions. *Always consult a CPA for tax advice on federal tax returns."}
{"_id": "75414", "title": "", "text": "In some senses, any answer to this question is going to be opinion based - nobody outside of HFT firms really know what they do, as they tend to be highly secretive due to the competitive nature of the activity they're engaged in. What's more, people working at HFT firms are bound by confidentiality agreements, so even those in the industry have no idea how other firms operate. And finally, there tend to be very, very few people at each firm who have any kind of overall picture of how things work. The hardware and software that is used to implement HFT is 'modular', and a developer will work on a single component, having no idea how it fits into a bigger machine (a programmer, for instance, might right routines to perform a function for variable 'k', but have absolutely no idea for what 'k' stands!) Keeping this in mind and returning to the question . . . The one thing that is well known about HFT is that it is done at incredibly high speeds, making very small profits many thousands of times per day. Activities are typically associated with market making and 'scalping' which profits from or within the bid-ask spread. Where does all this leave us? At worst, the average investor might get clipped for a few cents per round trip in a stock. Given that investing buy its very nature involves long holding periods and (hopefully) large gains, the dangers associated with the activities of HFT are negligible for the average trader, and can be considered no more than a slight markup in execution costs. A whole other area not really touched upon in the answers above is the endemic instability that HFT can bring to entire financial markets. HFT is associated with the provision of liquidity, and yet this liquidity can vanish very suddenly at times of market stress as the HFT remove themselves from the market; the possibility of lack of liquidity is probably the biggest market-wide danger that may arise from HFT operations."}
{"_id": "75418", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cityfalcon.com/blog/investments/student-loan-debt-new-mortgage-crisis/?utm_campaign=ao_reddit) reduced by 94%. (I'm a bot) ***** &gt; Costs of living, especially for those attending universities in cities like New York or London, also account for a nontrivial portion of the debt.  &gt; Is the student debt bubble in the United States the next mortgage crisis?  &gt; One major difference between the student debt problem and the mortgage crisis is the lack of CDOs and CDSs. The thread that connected banks, governments, individuals and economies were the CDO and CDS. With a complex system of mortgage securitization and insurance against those securities, the system effectively collapsed itself.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/79mt1s/student_loan_debt_the_new_mortgage_crisis_in_2018/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~237528 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **student**^#2 **education**^#3 **economy**^#4 **borrowed**^#5\""}
{"_id": "75429", "title": "", "text": "When you send money with Western Union, it is essentially a cash transaction.  You supply Western Union with the name of the recipient and a location.  Your recipient then shows up at a Western Union office, shows some identification, and receives cash.  At this point, the transaction is over.  It is impossible to retract it at this point, because Western Union has already handed out cash, and they have no way of contacting the recipient any longer. This is the reason why you might want to legitimately use Western Union.  It is an instant way to send cash to anyone anywhere in the world.  Let's say that your best friend is stuck in a foreign land and desperately needs money.  You can give him cash just as fast as each of you can get to a Western Union office, and you don't even need a local bank account to do so. Unfortunately, however, the nature of the service also makes it useful for scammers.  You should never use this service to pay for something from someone you don't know, because there are absolutely no safeguards. As mentioned by user662852 in the comments, you can indeed cancel a Western Union money transfer if you do so before the money is picked up by the recipient.  But after they pick it up, the cash is gone."}
{"_id": "75437", "title": "", "text": "So this is only a useful strategy if you already own the stock and want protection. The ITM put has a delta closer to 1 than an OTM put. But all LEAPS have massive amounts of theta. Since the delta is closer to 1 it will mimic the price movements of the underlying which has a delta of 1. And then you can sell front month calls on that over time. Note, this strategy will tie up a large amount of capital."}
{"_id": "75469", "title": "", "text": "i have experience in retail, but not warehousing.  but a close friend of mine drives some forklift-ish thing at a home depot warehouse.  warehouse workers make a good bit more than retail workers.  he makes around 15/hr, whereas the people running around the floor of retailer would be happy for 10"}
{"_id": "75476", "title": "", "text": "I am not going to discuss legality, because with family members you are able to give a lot of guidance and assistance without running into legal issues.  The biggest problem is that when they transfer the funds to you and you invest the money, all the tax rates and tax limits are determined by your situation; plus you have more investments than you should have so you hit those limits and brackets quicker. For example: In the United states a person can put $5,500 or $6,500 into a IRA or Roth IRA each year. If you combine the funds for three with your funds then you are giving up three quarters of the amount that you can invest in that type of account. The decision regarding Roth or not depends on age and income level. But now their decision is related to what is best based on your situation. The ability to even deduct IRA deposits would be based on your situation. Of course for taxable accounts the tax rate is determined by your income, not theirs. If they want you to have the ability to make investment decisions for them, then power of attorney is the way to go. The money is deposited in their name, and all the rules and tax rates are determined by their situation. You make sure they have all the information they need to login and review the accounts, but you make the all the moves within and between accounts."}
{"_id": "75486", "title": "", "text": "I guess other than tradition and inflation, probably because the merchants want them.   In the US, what currently costs $2.00 used to cost $0.10.   So 75 years ago, those individual cents made a pretty bid difference.  Inflation causes prices to go up, but doesn't get us to just change our currencies patterns. In your example, you are assuming that in an average day, the rounding errors you are willing to accept happen a couple of times.  2 or 3 cents here and there mean nothing to you.  However to the merchant, doing hundreds or thousands of transactions per day, those few cents up and down mean quite a bit in terms of profit. To an individual, looking at a time frame more than a single day (because who only participates in economies for a single day) there are potentially millions of transactions in a lifetime, mean potentially giving away millions of dollars because they didn't want to wait. And as for the comment that people working each 3 cents every 10 seconds, I would assume at least some of the time when they are waiting for rounding errors, they are not at work getting paid.  That concept is assuming that somebody is always willing to pay them for their time regardless of where that person is in the world; I have no facts and wild assumptions, but surely that can't be true for even a majority of workers. Finally, you should be happy if you happy to have an income high enough that you don't care about individual cents.  But there are those business people who see opportunity in folks like you and profit greatly from it.  I personally worry very much about who has my money; gov't gets paid to the penny and I expect returns to the penny.  A super polite service employee who smiled a lot serving me a beer is getting all the rounding errors I have."}
{"_id": "75491", "title": "", "text": "Nowadays, there are many companies online that are coming up with various robotic sets for kids of different age groups and mentality. There are kits that have the manual and the instructions to assemble the parts and make a robot. Various kits possess a variety of robots like easy to assemble robots are for the beginners."}
{"_id": "75493", "title": "", "text": "Do you have any ties to your old address? In particular are you the LANDLORD? This could have been a precursor application to test identity evidence and setup a mortgage. The perps may even have legally changed their name to yours and even be living in, or close to the house if it is a share house to intercept this kind of mail.  Otherwise someone's database may have been breached, so it is important you try to work out where this information used in the application came from. If they are an illegal you may be racking up Council Tax somewhere or end up paying income tax on their earnings. In any case your character has probably now been damaged. So do follow it up right smartly."}
{"_id": "75497", "title": "", "text": "[Image](https://imgs.xkcd.com/comics/survivorship_bias.png)  [Mobile](https://m.xkcd.com/1827/)  **Title:** Survivorship Bias  **Title-text:** They say you can't argue with results, but what kind of defeatest attitude is that? If you stick with it, you can argue with ANYTHING\\.  [Comic Explanation](https://www.explainxkcd.com/wiki/index.php/1827#Explanation)  **Stats:** This comic has been referenced 120 times, representing 0.0741% of referenced xkcds.  --- ^[xkcd.com](https://www.xkcd.com) ^| ^[xkcd\u00a0sub](https://www.reddit.com/r/xkcd/) ^| ^[Problems/Bugs?](https://www.reddit.com/r/xkcd_transcriber/) ^| ^[Statistics](http://xkcdref.info/statistics/) ^| ^[Stop\u00a0Replying](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=ignore%20me&amp;message=ignore%20me) ^| ^[Delete](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=delete&amp;message=delete%20t1_djp1she)"}
{"_id": "75498", "title": "", "text": "Softwood timber on the other hand, is made from treated pine. This too is quite good and can be selected if your budget does not stretch enough to opt for hardwood timber decking. Note however, softwood decking will over time, lose shape."}
{"_id": "75510", "title": "", "text": "The counsel of a friend doesn't come with a legal or professional liability. The key to doing this sort of thing successfully is to respect boundaries. You are providing advice and discussion, not taking over your friend's life."}
{"_id": "75522", "title": "", "text": "\"Imagine two restaurants. One has prices 15% higher than the other, and the owner pays this 15% to his wait staff in the form of higher wages. The other has lower prices, but the average customer gifts 15% to their waiter. Clearly, in the first restaurant, the 15% the wait staff receives is taxable income. It is traditional salary. What legitimate, economic justification is their for treating the second restaurant any differently? Imagine a grocery store in a small town that offered long-time customers a \"\"pay nothing\"\" option but made it clear that they'd be subject to social ostracism and no longer welcome in the store if they didn't gift 85% of the usual cost of the items. The customers would save on sales tax and the grocer would argue that all that money was gifts, not income. Of course this doesn't work. The IRS, and the laws, don't care very much about what you call things. They care about the underlying economic reality. If the money was part of the payment for the services rendered, regardless of how it was delivered, what the parties called it, or whether the obligation to pay was legal or social, it's still a payment for the service and it's still taxable. You would have to be able to argue to the IRS that it really was a gift and wasn't any form of payment for the service received. Otherwise, it's just a scheme to evade taxes.\""}
{"_id": "75524", "title": "", "text": "\"Keep a notebook. (or spreadsheet, etc. whatever works) Start to track what things cost as few can really commit this all to memory.  You'll start to find the regular sale prices and the timing of them at your supermarkets. I can't even tell you the regular price of chicken breasts, I just know the sale is $1.79-1.99/lb, and I buy enough to freeze to never pay full price.  The non-perishables are easy as you don't have to worry about spoilage. Soap you catch on sale+coupon for less than half price is worth buying to the limit, and putting in a closet.  Ex Dove soap (as the husband, I'm not about to make an issue of a brand preference. This product is good for the mrs skin in winter) - reg price $1.49. CVS had a whacky deal that offered a rebate on Dove purchase of $20, and in the end, I paid $10 for 40 bars of soap. 2 yrs worth, but 1/6 the price.  This type of strategy can raise your spending in the first month or two, but then you find you have the high runners \"\"in stock\"\" and as you use products from the pantry or freezer, your spending drops quite a bit. If this concept seems overwhelming, start with the top X items you buy. As stated, the one a year purchases save you far less than the things you buy weekly/monthly.\""}
{"_id": "75538", "title": "", "text": "Yes, it is possible, and many companies do it for legitimate reasons.  For example renewing subscriptions or one-click ordering. The only way to completely stop it would be to cancel the card.  More realistically, check your bill whenever it arrives, and report any unauthorized transactions to the card issuer."}
{"_id": "75560", "title": "", "text": "\"How much do you know about execution trading?  If I were to come up with some simple guidelines, I'd plug your Bloomberg feed (I'm assuming you have one) in order to pull up the average daily volume of the securities in question.  From there, you can measure the \"\"days to liquidate\"\" figure, which you can then take to create your own distribution regarding what looks \"\"difficult\"\" to liquidate vs. what won't be a problem at all.\""}
{"_id": "75568", "title": "", "text": "Here's the real reason OKPay (actually the banks they interface with) won't accept US Citizens.   The Foreign Account Tax Compliance Act Congress passed the Foreign Account Tax Compliance Act (FATCA) in 2010 without much fanfare. One reason the act was so quiet was its four-year long ramp up; FATCA did not really take effect until 2014. Never before had a single national government attempted, and so far succeeded in, forcing compliance standards on banks across the world. FATCA requires any non-U.S. bank to report accounts held by American citizens worth over $50,000 or else be subject to 30% withholding penalties and possible exclusion from U.S. markets. By mid-2015, more than 100,000 foreign entities had agreed to share financial information with the IRS. Even Russia and China agreed to FATCA. The only major global economy to fight the Feds is Canada; however it was private citizens, not the Canadian government, who filed suit to block FATCA under the International Governmental Agreement clause making it illegal to turn over private bank account information. Read more: The Tax Implications of Opening a Foreign Bank Account | Investopedia http://www.investopedia.com/articles/personal-finance/102915/tax-implications-opening-foreign-bank-account.asp#ixzz4TzEck9Yo  Follow us: Investopedia on Facebook"}
{"_id": "75572", "title": "", "text": "Oh!  You\u2019re getting closer!  You\u2019re at least seeing that I don\u2019t treat it as a purely Economic concept!  But it isn\u2019t a lense of my feelings I\u2019m using either.  Can you make the leap?  You would pay \u201ceverything you could\u201d to save your life.  There is no economic placeholder for that.  New scenario:  Your mom is dying of cancer.  At what price would you stop paying if there was a 60% chance of complete cure?"}
{"_id": "75606", "title": "", "text": "On international stock exchanges, they trade Puts and Calls, typically also for currencies. If for example 1 NOK is worth 1 $ now, and you buy Calls for 10000 NOK at 1.05 $ each, and in a year the NOK is worth 1.20 $ (which is what you predict), you can execute the Call, meaning 'buying' the 10000 NOK for the contracted 1.05 $ and selling them for the market price of 1.20 $, netting you 12000 - 10500 = 1500 $. Converting those back to NOK would give you 1250 NOK. Considering that those Calls might cost you maybe 300 NOK, you made 950 NOK. Note that if your prediction is common knowledge, Calls will be appropriately priced (=expensive), and there is little to make on them. And note also that if you were wrong, your Calls are worth less than toilet paper, so you lost the complete 300 NOK you paid for them. [all numbers are completely made up, for illustration purposes] You can make the whole thing easier if you define the raise of the NOK against a specific currency, for example $ or EUR. If you can, you can instead buy Puts for that currency, and you save yourself converting the money twice."}
{"_id": "75613", "title": "", "text": "No.  1)  Everyone should cultivate the ability to see the ridiculous in themselves and in their situation.  2)  When you properly verify information, the original source no longer matters  3)  There is no Media I feel I can trust right now, so I might as well indulge in Media I enjoy.  I just need to verify information before I act on it."}
{"_id": "75616", "title": "", "text": "Excellent explanation. Upvote to you sir. I would like to add something:  How do we know how many bushels of apples is worth a chunk of deer meat?   You did not touch on the concept of value.  The way I see it, value is related to the human energy required to procure a specific good.   For example: it takes a man all day to find a nugget of gold, while it take another man all day to pick 20 bushels of apples. Because gold is scarce, it is worth a lot of apples: it has a high value.   At it's core, value is assigned based on the amount of human labor required to acquire a good or service.   For example: Many years ago there may have been an equal number of bears and skunks. However, it would take many brave hunters with bows and arrows to kill a bear, while any hunter could kill a skunk solo. Thus, even though they had the same scarcity, a bear hide would be more valuable because the human labor required was greater.   Many economics classes simply say value depends on supply and demand. However, if something is in low supply and high demand, it is BECAUSE it takes so much human effort to procure. If it did not take large amounts of human labor, everyone would sell said item and the value would drop.   What is your take on this? do you have a better explanation for value?"}
{"_id": "75619", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.epi.org/publication/corporations-pay-between-13-and-19-percent-in-federal-taxes-far-less-than-the-35-percent-statutory-tax-rate/) reduced by 81%. (I'm a bot) ***** &gt; Despite some recent claims to the contrary, a recent CBO report doesn&amp;#039;t overturn, but rather bolsters the research showing that corporations pay less than a 35 percent tax rate.  &gt; Comparison of statutory U.S. corporate tax rate and three estimates of what corporations actually pay on average.  &gt; Multiple studies with distinct methodologies have found effective federal corporate tax rates that range between 13 and 19 percent- far smaller than the rate corporations are supposed to pay.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6sx0c3/corporations_pay_between_13_and_19_percent_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~188170 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Tax**^#1 **corporations**^#2 **loophole**^#3 **rate**^#4 **deferral**^#5\""}
{"_id": "75626", "title": "", "text": "I super appreciate too giving me so much time. I'm in England so, no GameStop here - we have game.net and they're like a monopoly at the moment. My marketing strategy will be VERY innovative and I'll be using American e-commerce style affiliate system to have organic growth. (America is always a step ahead from the world and what ever gets big there, gets big everywhere sooner or later)"}
{"_id": "75628", "title": "", "text": "&gt;we have a right to know exactly what is going on in it.  We do?  The only thing I can think of that could give us a right to look their balance sheets would be the Freedom of Information Act, but even that doesn't cover everything.  Lots of government information is kept secret for good reasons. &gt;It's not the CIA where knowledge of its inner-workings could be a threat to safety  But it is, it's a threat to economic safety.  Bank runs create financial crises which ruin the economy, and revealing loan information of unhealthy banks exacerbates the bank run."}
{"_id": "75634", "title": "", "text": "Just checked. You\u2019re absolutely right.  Republicans have no idea how math and common sense works.    We\u2019ll raise taxes again when we are on the edge of solvency, just like most Americans won\u2019t save money until they\u2019re almost bankrupt."}
{"_id": "75636", "title": "", "text": "The reason it's broken out is very specific: this is showing you how much interest accrued during the month.  It is the only place that's shown, typically. Each month's (minimum) payment is the sum of [the interest accrued during that month] and [some principal], say M=I+P, and B is your total loan balance.  That I is fixed at the amount of interest that accrued that month - you always must pay off the accrued interest.  It changes each month as some of the principal is reduced; if you have a 3% daily interest rate, you owe (0.03*B*31) approximately (plus a bit as the interest on the interest accrues) each month (or *30 or *28).  Since B is going down constantly as principal is paid off, I is also going down. The P is most commonly calculated based on an amortization table, such that you have a fixed payment amount each month and pay the loan off after a certain period of time.  That's why P changes each month - because it's easier for people to have a constant monthly payment M, than to have a fixed P and variable I for a variable M. As such, it's important to show you the I amount, both so you can verify that the loan is being correctly charged/paid, and for your tax purposes."}
{"_id": "75642", "title": "", "text": "If you are referring to salaried employees, the overall salary generally is higher if overtime is required on a regular basis.  All hourly paid employees in most jurisdictions under normal rules are entitled to over-time pay if the work more than 40 hrs, even highly skilled positions."}
{"_id": "75650", "title": "", "text": "As the value of a currency declines, commodities, priced in that currency, will rise. The two best commodities to see a change in would be oil and gold."}
{"_id": "75652", "title": "", "text": "well which is why healthy markets have regulations because it turns out that the free market dream that people only spend in their own self interest belies that fact that our own self interests are often not so damn short term.  It isnt a failure of community, it is a failure of government.   It is naivety to think even good people would change the world through their shopping habits. Look at all the companies using slave labor and people decry it all the time and still shop there. Look at how damn dirty oil is(not just  environmentally).. and yet we still put it in our car every day. Because people think short term, they think of themselves and not society, and well all of us have trouble with externalities, costs like war protecting the oil fields isnt paid for at the pump."}
{"_id": "75658", "title": "", "text": "\"1) Get some gold. 2) Walk around, yelling, \"\"Hey, I have some gold, who wants to buy it?\"\" 3) Once you have enough interested parties, hold an auction and see who will give you the most dollars for it. 4) Trade the gold for that many dollars. 5) You have just measured the value of your gold.\""}
{"_id": "75666", "title": "", "text": "These are designed to be peripherals around your home to help you with little things like play music, set timer/alarms, give you morning briefings, turn on tv &amp; switch to a specific channel, turn off lights, etc. These are some of the things I use them for everyday and over time they add up. I find them super convenient.   You are right that the mic is on all the time but it's on to be able to listen to the wake word so that it can respond to your requests. When it is not hearing the wake word, it does not send anything back to the server. In the case of Amazon Echo, when the blue ring comes on it is when Alexa sends your voice back to the server for processing."}
{"_id": "75680", "title": "", "text": "\"There are several causes of inflation. One is called cost push \u2014 that is, if the price of e.g. oil goes up sharply (as it did in the 1970s), it creates inflation by making everything cost more. Another is called demand pull: if labor unions bargain for higher wages (as they did in the 1960s), their wage costs push up prices, especially after they start buying. The kind of inflation that the banks cause is monetary inflation. That is, for every dollar of deposits, they can make $5 or $10 of loans. So even though they don't \"\"print\"\" money (the Fed does) it's as if they did. The result could be the kind of inflation called \"\"too much money chasing too few goods.\"\"\""}
{"_id": "75686", "title": "", "text": "Are there any other losses that can be expected beyond the above? The lender may have to invest some money into the house in order to get it in shape to sell. Also, while the lender possesses the house they are liable to the property taxes and possibly utilities. are there any statutes or pressures to motivate the financial institution to get fair price when the property is sold? The lender is motivated to at least break even when selling the property in order to limit losses on their investment. This means they are very motivated to seek a higher price, but they're also motivated to sell the property quickly in order to limit their losses due to property taxes. Usually the lender takes a loss of the investment if foreclosure occurs; only 10 percent to 20 percent  of auctioned foreclosed houses did yield a surplus. When the lender sells the foreclosed property using a realtor, they're motivated to sell it as quickly as possible so long as they break even. In this case there is little motivation to sell the property for a surplus. If the property is being sold via auction, then time is not a factor and the lender will just sell to the highest bidder."}
{"_id": "75715", "title": "", "text": "I have found a good explanation here: http://www.contracts-for-difference.com/Financing-charge.html Financing is calculated by taking the overall position size, and multiplying it by (LIBOR + say 2%) and then dividing by 365 x the amount of days the position is open. For instance, the interest rate applicable for overnight long positions may be 6% or 0.06. To calculate how much it would cost you to hold a long position for X number of days you would need to make this 'pro rata' meaning that you would need to divide the 0.06 by 365 and multiply it by X days and then multiply this by the trade size. So for example, for a trade size of $20,000, held for 30 days, the interest cost would be about $98.6. It is important to note that due to financing, long positions held for extended periods can reduce returns."}
{"_id": "75725", "title": "", "text": "Yes! You totally get it! I find the previous comment from the other to be the shinny example of what is wrong with the perception of working with an IT professional. Yes there are issues within this industry, but there are in every industry. Yet, the level of rudeness my employees receive from clients because they perceive us as an intrusion in their day is very draining. We're trying to help, tapping your shoes and sighing every 2 minutes that we're not done yet doesn't make the work go faster. One of my employees was screamed at by a manager of a client because their network was down. New to us client and their previous internal person basically used duct tape to assemble their network. We walked into a literal dumpster fire. What the manager didn't realize is that his managers weren't agreeing to what we proposed and there were over 200 emails back and forth between the talking heads before they would finally agree to the work that needed to be done. It was ridiculous.  Overall though I am glad I posted this quandary. It gave me some ideas that hopefully will be really good."}
{"_id": "75735", "title": "", "text": "I called Bank of America today about the same problem on my account. The service representative said that part of money is available to me and I can use the money."}
{"_id": "75747", "title": "", "text": "I\u2019ve been in the mortgage business for nearly 15 years.  Your question is sort of multi-faceted and I\u2019m surprised by some of these answers I\u2019ve read! Anyway, I digress.   Yes, you can be denied even if you have money for a down payment.  One of the BIGGEST factors lenders are now required to take into account when approving mortgages now is a person\u2019s \u201cAbility to Repay.\u201d   Whether your traditional mortgages like Conventional, FHA, USDA, or VA loans, or even an \u201cin-house\u201d mortgage from a local bank \u2014either way, the lender MUST be able to verify someone\u2019s ability to repay.   Your issue is that you won\u2019t have any verifiable income until May.  A couple people have answered correctly in that 1) if you have a firm offer letter that can be verified with the employer, and 2) you can use your education/college to substitute for a two year work history as long as you\u2019re graduating with and working in the same line of work. Some programs require proof of 30 days of pay history once you actually start earning paychecks; some programs will use the offer letter as long as you will start earning paychecks within a certain number of days after the note date (basically when the payments start). Also I\u2019m making the assumption that there is some sort of credit history that can be verified.  Most lenders want at least a couple of accounts reporting a history just to show good use of credit and showing that you can manage your finances over a longer period of time. Just about every lender has some sort of minimum FICO score requirement.  I hope this helps. If you have questions, just reply in a comment."}
{"_id": "75754", "title": "", "text": "She seems to be paying an inordinate amount of money for car payments. $850/month is just too high. She may be able to get by on public transit, depending on where she lives, but if not, she needs to look at selling her car and picking up a cheap second-hand vehicle. Public transit would probably save her $750/month. Going to a cheaper car should still save her $300 - $400/month. Next, phone and cable. These are certainly nice, but they are rarely necessities. I do not have cable t.v., for example. I do have a cell phone, and I do have Internet (a requirement of my job), but no cable t.v. She may be able to save some money there. My guess is that she could save $125/month here, though I may be biased on how much it costs to heat a Canadian home in our cold, cold winters. And, of course, the college payment. $900 - $1000 a month? I understand that she is paying this so that your sister can attend college. That's very nice, but it certainly sounds like your mother cannot afford that. On the other hand, if this is repayment of college expenses already incurred, there may be no choice here. Rent, at $1625/month. I have no idea what that gets you in NJ, but perhaps she could rent out a room. It's not inconceivable that she could bring in $1000/month from doing so, though obviously that's going to very much depend on the real estate/rental market where you live. Alternatively, she could move out and move in with someone else and that should certainly get her share of the rent down to $800 - $1000/month or thereabouts, and most likely cut her utility bills, also. I've identified a number of places where she can save money. No doubt, the budget is tight, but I think she's spending on far more than just bare essentials. One thing that concerns me here is that she appears to have no emergency funds and very little for entertainment, other than cable t.v. If at all possible, she needs to cut her budget down so that she is not living paycheque to paycheque and has money to cover, for example, emergency car repairs. And I'd really like to see her have more than $50/month for expenses (which I'm guessing is entertainment). It may not be possible, of course, but I would most definitely say she should not be paying for your sister's college if this places her in such dire financial risk. Easier said than done, of course. Most certainly, I would not even consider cutting the health insurance, by the way. Another approach would be to look at how her expenses will go down when your sister is done school and perhaps cleared up other expenses. It may be worth borrowing from family and friends, knowing that in a year, her expenses will go down $500/month. That makes her budget manageable. Additionally, the debt repayment presumably will finish at some point. The point I'm trying to make is that, in a year, her budget will be just about manageable, and she may be able to get there with smaller trims in the immediate future."}
{"_id": "75755", "title": "", "text": "\"Amazon has some major issues with growing out in Seattle, primarily infrastructure and geography. Seattle's infrastructure is stretched, leading to some hilarious activity - \"\"http://kuow.org/post/seattle-traffic-got-so-bad-guy-started-flying-work\"\". Also, Seattle is locked between the sea and the mountains, and with a limited supply of land, there isn't anywhere to build economically. NO ROOM TO GROW.  Ontario has a few good things going for it: Healthcare, Immigration, Low corporate taxes, Education...   But there are also some elephants.   Ontario has some of the highest land costs in the world, longest commute times on the planet, and a government which will inevitably need to raise taxes.  If I had to bet, we'll probably see Amazon set up shop in a City with low land costs, ring roads, and a low debt government. A place with room to grow.   Raleigh/Durham Dallas-Fort Worth Denver Minneapolis Salt Lake City Cincinnati\""}
{"_id": "75762", "title": "", "text": "\"The fact that your shares are of a Canadian-listed corporation (as indicated in your comment reply) and that you are located in the United States (as indicated in your bio) is highly relevant to answering the question. The restriction for needing to be a \"\"qualified institutional buyer\"\" (QIB) arises from the parent company not having registered the spin-off company rights [options] or shares (yet?) for sale in the United States. Shares sold in the U.S. must either be registered with the SEC or qualify for some exemption. See SEC Fast Answers - Securities Act Rule 144. Quoting: Selling restricted or control securities in the marketplace can be a   complicated process. This is because the sales are so close to the   interests of the issuing company that the law might require them to be   registered. Under Section 5 of the Securities Act of 1933, all offers   and sales of securities must be registered with the SEC or qualify for   some exemption from the registration requirements. [...] There are regulations to follow and costs involved in such registration. Perhaps the rights [options] themselves won't ever be registered (as they have a very limited lifetime), while the listed shares might be? You could contact investor relations at the parent company for more detail. (If I guessed the company correctly, there's detail in this press release. Search the text for \"\"United States\"\".)\""}
{"_id": "75764", "title": "", "text": "&gt; I shorted it the moment it opened for trading at $42 dollars a share.  Now this is a shady part of the capital markets and the preferred treatment some investors get. Technically, you shouldn't be able to short stocks until 3 days after it starts trading because the trades don't settle for three days and only then should you be able to borrow the stock. But, big brokers and banks can cover managers they have good relations with and let them borrow the shares to short it."}
{"_id": "75766", "title": "", "text": "They are mutually exclusive.  Provided you meet the income limits you can contribute to both.  Employer match do not count toward the 18K.   On the other hand traditional IRA and Roth IRA are inclusive.  So if single and making having a MAGI under 118K, you could do the 18K of your own money into a 401(k), and $5,500 into a Roth. You can put in $23,500 of your own money with the employer match on top of that."}
{"_id": "75773", "title": "", "text": "This article gives the very good advice to simply contact one of the schools in question and ask how to apply for financial aid as an international applicant.  Most Ivy League schools admit so many international students that they will have answers to any financial question you can imagine.  They may even already explain the financial aid process online."}
{"_id": "75825", "title": "", "text": "I worked at Autozone many years. Many crappy parts had lifetime warranties and helped us grow. Sometimes one year warranty parts from NAPA were better. THE WARRANTY WAS A MARKETING SCHEME.   Hyundai can not possibly feature the reliability of Toyota who has been continually improving since WWII.  I drove the first Hyundai, the Excel in 1986. They have improved a lot. The look is great, The warranty is great. The marketing is 24/7/365.Impressive."}
{"_id": "75834", "title": "", "text": "I don't think asking a business to pay living wages is as cold as a business paying unlivable wages for work that keeps their business afloat. A business that is only profitable because they pay shit really shouldn't exist in the US.   Look I'm not about destroying jobs- but I am about someone who works 40 hour weeks making enough money to reasonably cover their expenses without government assistance. That simply isn't the case with the min wage where it is now.   It is insane to put the people who are creating businesses that can't exist without unfair wages above the interests of people who don't have the advantages necessary (for whatever reason) to land a non-min wage job.   Maybe with the change to higher wages the gov *would* be forcing barely profitable businesses to become unprofitable, but if you are willing to say that then it would be fair to say that the current min wage is mandating everyone who works a minimum wage (full time!) job into literal poverty.   And how would a massive population that is suddenly flush with spending money NOT invigorate the economy? People spending money is good. That is why a big healthy middle class is so good for a country to have. Let people who can pay fair wages pay them, let everyone else come up with a business plan that doesn't hinge on unfair wages, ffs. Min wage has been raised before and actual studies have suggested time and time again that the benefit outweighs the short term loss of employment.   Tl;dr We cannot put needs of business owners ahead of needs of the people working for them. That creates a massively unstable &amp; unequal society."}
{"_id": "75844", "title": "", "text": "A family of three is dad, mom and kid, not dad, mom and three kids.  Also, a Mercedes isn't a need nor are people at the poverty level even considering it.  You can't compare a Mercedes on a lease to basic needs such as shelter, food and clothing."}
{"_id": "75849", "title": "", "text": "When motorcycle seat initially entered the motorcycle seat market, they were as a specialist saddle bags manufacturer built for convenient carry. The same mission in constructing motorcycle saddle bags is very much the same. We are offering the wide range of red leather motorcycle saddle which is made by using very premium high-quality motorcycle element. We are the producer of bike spare parts for American bikes formerly but evolved to build the opposite motorcycles and it\u2019s a number of the parts."}
{"_id": "75880", "title": "", "text": "\"I firmly believe in \"\"the acorn that becomes the oak tree\"\" - treating people with respect isn't simply the right thing to do, it's good business. Everyone has to start somewhere.   I'm very competitive as well as empathetic; there is room for both traits in finance.\""}
{"_id": "75884", "title": "", "text": "I remember like 20 years ago someone did an experiment where Peter Lynch, elementary school kids, and an ape, all picked stocks in a situation similar to this. The result was almost the same, with the elementary school kids coming out slightly better  Picking correct stocks is a craps shoot, as the market is an emotional entity, and in the short run, even educated guesses don't give an edge. People like Peter Lynch eventually win of course because of discipline, long term goals, and knowledge of tools like derivatives"}
{"_id": "75893", "title": "", "text": "There's no reason why you couldn't have your work withhold the money for you, but you have to keep a close eye on it an file paperwork causing extra work for yourself and the payroll department. You also have that money withheld weekly instead of keeping access to the money until the end of the quarter if you paid directly to the treasury."}
{"_id": "75918", "title": "", "text": "Isn't the premise a bit off?  A *single* minimum wage worker can't afford a *two bedroom* apartment?  What about two earners sharing a one bedroom apartment?  That would make much more sense both for the workers and for housing costs in general.  My wife and I both make much more than minimum wage and we simply choose to live in a one bedroom apartment.  We get to save a lot more and plan for our future.  A two bedroom apartment is a luxury for a single person, not a necessity.  That's like saying he can't afford a brand new Ford F150 either.  No shit.  Live below your means and you life will be much better in the long run."}
{"_id": "75920", "title": "", "text": "Yes, use a separate Form 8829 for each home used for business during the year. The top of 8829 includes that exact instruction."}
{"_id": "75922", "title": "", "text": "The US did fine VW a *lot* more than anyone in Europe. Couldn't tell you who's the worse offender but frankly, laws are different in both places so different things get punished with different severity. Europe happens to be very keen on making sure competition stays possible."}
{"_id": "75934", "title": "", "text": "\"So you take enjoyment from people's financial stress and anguish?  You work for a company, those \"\"smug\"\" sounding people aren't personally fucking challenging you at your fucking job, they are trying to ease some financial stress which is very obvious over a 2$ discrepancy.  I sincerely doubt anyone calls 5 times to complain about a service they rarely pay for.   You sir a condescending cunt trying to get fake points on the interwebs.\""}
{"_id": "75961", "title": "", "text": "\"This is the meat of your potato question. The rephrasing of the question to a lending/real estate executive such as myself, I'd ask, what's the scenario? \"\"I would say you're looking for an Owner Occupied, Super Jumbo Loan with 20% Down or $360K down on the purchase price, $1.8 mil purchase price, Loan Amount is ~$1.45 mil. Fico is strong (assumption). If this is your scenario, please see image. Yellow is important, more debt increases your backend-DTI which is not good for the deal. As long as it's less than 35%, you're okay.  Can someone do this loan, the short answer is yes. It's smart that you want to keep more cash on hand. Which is understandable, if the price of the property declines, you've lost your shirt and your down payment, then it will take close to 10 years to recover your down. Consider that you are buying at a peak in real estate prices. Prices can't go up more than they are now. Consider that properties peaked in 2006, cooled in 2007, and crashed in 2008. Properties declined for more than 25-45% in 2008; regardless of your reasons of not wanting to come to the full 40% down, it's a bit smarter to hold on to cash for other investments purposes. Just incase a recession does hit.  In the end, if you do the deal-You'll pay more in points, a higher rate compared to the 40% down scenario, the origination fee would increase slightly but you'll keep your money on hand to invest elsewhere, perhaps some units that can help with the cashflow of your home. I've highlighted in yellow what the most important factors that will be affected on a lower down payment. If your debt is low or zero, and income is as high as the scenario, with a fico score of at least 680, you can do the deal all day long. These deals are not uncommon in today's market. Rate will vary. Don't pay attention to the rate, the rate will fluctuate based on many variables, but it's a high figure to give you an idea on total cost and monthly payment for qualification purposes, also to look at the DTI requirement for cash/debt.  See Image below:\""}
{"_id": "75964", "title": "", "text": "Offers usually have an expiration deadline. As long as the signed offer is returned by the seller to the potential buyer before the expiration - it is a valid contract. The fact that the seller countered and his counter-offer wasn't accepted is irrelevant. The buyer can void the offer, as long as it is not yet accepted, by notifying the seller in writing that the offer is null and void. I'm not a lawyer, you should ask your real-estate attorney to be sure, but that is my understanding of the contract law."}
{"_id": "75965", "title": "", "text": "@MichaelBorgwardt gave an excellent answer. Let me add a little analogy here that might help. Suppose you bought a car from Joe's Auto Sales. You pay your money, do all the paperwork, and drive your car home. The next day Joe's goes bankrupt. What affect does that have on your ownership rights to your car? The answer is, Absolutely none. Same thing with stocks and a stock exchange. A stock exchange is basically just a store where you can buy stock. Once you buy it, it's yours. That said, there could potentially be a problem with record keeping. If you bought a car from Joe's Auto Sales, and Joe went out of business before sending the registration paperwork to the state, you might find that the state has no record that you legally own the car and you could have difficulty proving it. Likewise if a stock exchange went out of business without getting all their records properly updated, their might be an issue. Actually I think the bigger concern here for most folks would be their broker and not the stock exchange, as your broker is the one who keeps the records of what stocks you own long term. In practice, though, most companies are responsible enough to clean up their paperwork properly when they go out of business, and if they don't, a successor company or government regulators or someone will try to clean it all up."}
{"_id": "75973", "title": "", "text": "It is the most incorrect piece of the article, but it's not the lack of taxes that have allowed the wealthy to do better than the rest of us. You can argue for the seizure of their assets by the gov't - through taxes - as a way to take it from them. But the Fed's monetary policies are far more severe in how they impact inequality."}
{"_id": "76022", "title": "", "text": "Trashy wedding venues Tampa giving associations are tremendously basic to a broad assortment of social affairs. You could even pick a cooking association that will be something imaginative for your guests, not the way your guests with the advancement of sustenance. Say each open portal with the wedding giving food preferred standpoint to your marriage. This is likely your guests will truly esteem the sustenance and the bistros in Tampa, the bolster cook to offer the nourishment in your marriage."}
{"_id": "76028", "title": "", "text": "I also recently did that. I buy my own software, buy my own computer accessories. I'll use my own laptop. I could bring in my own chair.   Creature comforts don't mean dick when you make 40% more than a salaried employee. Enjoy your 1000 bucks of perks, guys. That's how much more I'll take home every 2 weeks."}
{"_id": "76045", "title": "", "text": "VAT is charged to consumers and passed on to the Government. Income tax is paid by the employees. Corporate tax on income is the true tax on corporate value add, which isn't reflected in this practice.   That being said, there is nothing unique or illegal to what Starbucks is doing, pretty much all global corporations have entities setup for the exclusive purpose of licensing IP/brands. The entity just needs to demonstrate an arm's length in transactions."}
{"_id": "76049", "title": "", "text": "The cost of an extra 30 days is $1459.80"}
{"_id": "76053", "title": "", "text": "At time = 0, no interest has accrued. That's normal. And the first payment is due after a month, when there's a month's interest and a bit of principal due.  Note - I missed weekly payments. You'd have to account for this manually, add a month's interest, then calculate based on weekly payments."}
{"_id": "76054", "title": "", "text": "Its really odd to see Op's story coming in at virtually the same time as this one - its like the market cant make up its mind...  https://www.thestreet.com/story/14263133/1/disney-set-for-sharply-lower-open-after-iger-reveals-big-bet-on-media-group-s-future.html  &gt;&gt;Disney Shares Are Being Pounded After Iger Reveals Big Bet on Media Giant's Future"}
{"_id": "76063", "title": "", "text": "Is that indicator can only be used for short-term trade? First of all, indicator works perfect during trends and oscillator works perfectly in the range market(or flat market). So, indicator can be used for long term, as well as short term. I mean if it is a range market, using this or any other indicator will not help much, so it you should consider market direction first. If it can be used to long-term trade, is there something I need to change from the parameters used? like, only using SMMA(5,8,13)? The parameters are there to change them. Of course you can change them based on your trading style. Considering my statement above does not mean that trading is very easy. I never use indicators alone to make trading decisions. It is always good to use oscillator to filter out bad trading signals."}
{"_id": "76074", "title": "", "text": "Why would I pay for overpriced, shit food when I can buy something better from the grocery store for much less, AND eat in the comfort of my own home?  Also, competition in the restaurant industry is fierce. Places like BWW are outdated as hell when you consider the amount of variety that exists now."}
{"_id": "76100", "title": "", "text": "\"&gt;&gt; Did President Trump...then come out saying he now opposed Medicare doing so?  &gt; Yes. So he said that.  Great, I wasn't sure we could find agreement there.  &gt; Did he ACT to make it so? Maybe, as usual, he's playing business chess...  That argument cuts both ways.  Maybe this is part of his master plan to get Medicare Part-D to negotiate drug prices, but maybe this is part of his master plan to maximize pharmaceutical company profit.  At the end of the day you have to judge a person on what he says and what he appears to do.  &gt;&gt; Has President Trump...prepare for the upcoming problems caused by global warming?  &gt; Absolutely not! Absolutely not!  I agree.  &gt; President Trump is not against any method or measure to reduce pollution or emission.  [Global warming is a serious risk to this country](https://www.americansecurityproject.org/climate-security/).  Given that it is President Trump's job to protect the country, a position of bring \"\"not against emission reductions\"\" doesn't cut it.   Thanks for answering my questions.  From your earlier replies I wasn't sure you understood how someone might see my issues as reflective of a president who is not working in the best interests of his people.  Of course you can disagree but you're not going to change my mind by dismissing what I see as tests of character and asking me to provide another.  &gt; I am not happy with everything he said or do before and after the elections.  That's great.  Like and dislike him for your own reasons and challenge both perspectives.\""}
{"_id": "76107", "title": "", "text": "Is my financial status OK?  You have money for emergencies in the bank, you spend less than you earn. Yes, your status is okay. You will have a good standard of living if nothing changes from your status quo. How can I improve it? You are probably paying more in taxes than you would if you made a few changes. If you max out tax advantaged retirement accounts that would reduce the up-front taxes you are paying on your savings. Is now a right time for me to see a financial advisor?  The best time to see a financial advisor is any time that your situation changes. New job? Getting married? Having a child? Got a big promotion or raise? Suddenly thinking about buying a house? Is it worth the money? How would she/he help me? If you pick an advisor who has incentive to help you rather than just pad his/her own pockets with commissions, then the advice is usually worth the money. If there is someone whose time is already paid for, that may be better.  For example, if you get an accountant to help you with your taxes and ask him/her how to best reduce your taxes the next year, the advice is already paid-for in the fee you for the tax help. An advisor should help you minimize the high taxes you are almost certainly paying as a single earner, and minimize the stealth taxes you are paying in inflation (on that $100k sitting in the bank)."}
{"_id": "76120", "title": "", "text": "Well first problem is usually that you are trying to do too much, you end up micro managing, once a company becomes large enough this is impossible to keep doing at the same level.   If you find that you don't have enough time maybe it's time to either hire someone new, or promote/transfer someone. You need to trust and give freedom to your employees to do their job in their own way which may or may not be better than yours. (Communicate with each at intervals.)   A lot of business owners struggle with this because it costs them money, and that is wrong it's cost your company money which is a separate entity than you. A piece of property that makes you less money than the week before is still making you money you are not losing money. So get that out of your head, it's not your money until you take it out of the business until then that money including profits are the property of the business (this is how the law see it by the way.)   Marginally an understaffed store will make a larger percentage of profits from revenue, a well staffed store will make more actual profits from more actual revenue because it can handle the business coming into the store better, which in turns should lead to more business. On a particular day you may see more money in profit from an understaffed store, someone calls out let's say,  but trust me when I say that will not continue for very long.   On of the biggest challenges new business owners face is they are fugal, as in they don't spend the money they need to. This means buying new equipment, and hiring and giving raises and promotions, so you can handle new business as well. Let say you are making T-Shirts, or really adding new designs to pre-made plain shirts, you can only press one at a time which for a while is enough, but eventually you are going to need another press so you can do 2 at a time, but a lot business owners will somehow expect an employee to produce more with what he has, now orders aren't being filed and you are in a panic and possibly angry but guess what you are angry at the employee not the fact you were to stupid to realize that he needs 2 presses to do the job correctly that's your own fault and you're blind to it, because you feel as if you are working twice as hard than them because of the problem you created! And let's say the problem is different now the press isn't getting hot enough and it take 20% per shirt to get it to stay on correctly and you decide to never fix it, then a light goes out then blank then blank and suddenly you realize finally all of this needs to be replaced at the same time. I've seen things like this happen, in new and old businesses things work fine for the first 5 years then normal maintenance is forgotten, have a depreciation fund ready so it doesn't feel like you are spending any money, that's what that fund is for and you put into it from the beginning, need a $2k equipment, ohh I have $4k saved for this already, it was money intended to be spent on this.   But of course some of this is going to depend on the type of business you are running! And since you have provided us no details I can't give an answer for you because all businesses are different, but I feel that these things, refusing to give freedom and authority to other employees, and refusing to spend money when needed are the biggest pitfalls most business owners fall into."}
{"_id": "76139", "title": "", "text": "It depends on what stocks you invest in or whether you invest in an index, as all stocks are not created equally. If you prefer to invest directly into individual stocks and you choose ones that are financially health and trending upwards, you should be able to easily outperform any indexes and get your 30% return much quicker. But you always need to make sure that you have a stop loss placed on all of your stocks, because even the best performing companies can go through bad patches. The stop loss prevents you from losing all your capital if the share price suddenly starts going south and turns into a downtrend."}
{"_id": "76149", "title": "", "text": "\"Congratulations!  It sounds like you're off to a good start.  Establishing credit history and starting a Roth IRA now and getting some investment in at this point is likely to save you a great deal later on.  A good way to diversify investments in a Roth IRA is to use ETFs, especially index funds, which bundle a whole bunch of diverse investments together into one symbol that you can get into with a single transaction fee (\"\"commission\"\").  As a small piece of advice, if there's inaccurate information on that credit card (e.g. balances due and payments made) showing up on your credit report, don't ask the credit bureaus to correct that data as long as the rest of the information shows generally good standing - they'll just remove the whole thing.   If you have the discipline to pay off your credit card balance in full every month, and view credit card purchases as electronically spending cash, you could consider applying for a credit card of your own to help build that credit history further.   Also, welcome to this site; feel free to check it out as you learn more. Planet Money might also have some interesting ways to learn about these topics.  Finally, don't forget to regularly let your parents know how much you appreciate all they're doing for you. :-)\""}
{"_id": "76227", "title": "", "text": "Pretty confident that Netflix gives its content partners insight into viewing metrics of their content...how detailed and to what extent that includes is up for date.    But yeah data ownership is about it, but I doubt Netflix has the power or lack of foresight to not give any insight to content providers about their viewership performance.."}
{"_id": "76231", "title": "", "text": "Thing is, it's not exceptions we're talking about, it's the rule. This 1 million average is skewed due to top 4-5% students who go on and become top executives and earn hundreds of billions of dollars in their lifetimes, while 90% of the rest do not justify the investment in their overpriced education. 90% are not the exception, *they* are the rule.   Plus, the examples I gave are based on rough calculations, and anyone can play with their specific numbers. Even then, it's already hard to see how huge differentials you must reach to pay for your investment. You can look at university sites for hard data - for MBA average starting salary goes from 140K before to 149K after, at one university I looked to apply for. These 9K are nice,  esp. for a 1 year of income forgone, but then again, 80K tuition is also not something you come across easy, most likely you need to calculate interest as well on those. + living expenses, books.   The mind-boggling thing for me is that people going into universities do it just automatically, just because that's what they think they should do. They don't even do a back of the envelope calculation if it's worth it. That's what more surprising and worrying for me, to be honest."}
{"_id": "76244", "title": "", "text": "Everyone knows that a new coat of paint may be exactly what you need in order to keep a room or building looking as fresh and clean as it did the first day you moved in. If you want to get that coat of paint taken care of by the best painters in Vancouver, you\u2019ve come to the right place. We can help you pick out great paint and then take care of whatever job you need done as soon as we can. http://barwickpainting.com/"}
{"_id": "76248", "title": "", "text": "First, before we talk about anything having to do with the credit score, we need the disclaimer that the exact credit score formulas are proprietary secrets that have not been revealed.  Therefore, all we have to go on are broad generalities that FICO has given us. That having been said, the credit card debt utilization portion of your score generally has at least two components: an overall utilization, and a per-card utilization. Your overall utilization is taken by adding up all your credit card debt and all your credit limits and dividing.  Using your numbers above, you are sitting at about 95%.  The per-card utilization is the individual utilization of each card.  Your five cards range in utilization from 69% to 100%. Paying one card over another has no affect on your overall utilization, but obviously will change the per-card utilization of the one you pay first.  So, to your question: Is it better on the credit score to have one low-util card and one high-util card, or to have two medium-util cards?  I haven't read anything that definitively answers this question. Here is my advice to you: The big problem you have is the debt, not the credit score.  Your credit card debt should be treated like an emergency that needs to be taken care of as quickly as you possibly can.  Instead of trying to optimize your credit score, you should be trying to minimize the number of days until all of your credit cards are completely paid off.  The credit score will take care of itself once you get your financial situation back on track. There is debate about the order in which one should pay off their debts, but the fact of the matter is that the order is not as significant as the intensity at which you pay them all off.  Dedicate yourself to getting rid of the debts as fast as possible, and it won't matter much which order they get paid off in. Finally, to answer your question, I recommend that you attack the card debt one at a time instead of trying to pay them off evenly.  Not because it will optimize your credit score, but because it will help you focus your debt-reduction energy as you work on resolving your debt emergency.  Fortunately, the credit utilization portion of the credit score has no history, so once you pay all of these off, the utilization portion of your score will get better immediately, and the path you took to get there will be irrelevant. After the credit cards are completely paid off, and you have resolved never to spend money that you don't have again, it is time to work on the student loans...."}
{"_id": "76257", "title": "", "text": "I live in one of the highest cost of living areas in my country.  For the cost of less than half the down payment my spouse and I have saved up for a house we could easily buy a home in most of the lower cost of living areas (and several homes in, say, Detroit). As for the rest of your question, though, we've chosen not to live that way.  Because, like all high cost of living areas, ours is near a city there are more free and inexpensive things to do than you would think at first.  While others in our area think a great time is pre-gaming drinks at a nice bar, an expensive restaurant, then some more drinks we've taught ourselves how to make great meals from scratch using sale and inexpensive ingredients from the grocery store and often do that on weekends, topped off by a movie from the redbox that we promptly return the next day.  We have chosen friends who will hang out with us over potluck dinners and board games instead of out on the town.  On weekend days we visit free museums, do hikes, wander around revitalized downtown strips, or play at the local parks.  Our groceries, as I mentioned, are sale items or use coupons and we go for less expensive meats and produce.  We visit our local farmer's market for fun, not to buy the expensive produce.  We might find ourselves wandering through the mall to window shop, but when it comes time to actually buy clothing or goods for the apartment we shop around for up to months to find a good deal. Plenty of our friends have money enough to spend, and the most debt they are usually wallowing in is a big car payment, no consumer debt.  At the same time I have trouble imagining some of them buying a house any time soon, because they simply can't be saving all that much (since I know their incomes).  They may eventually be able to afford a condo and ride rising housing prices to a townhome and then a house - it's what lots of people do around here, loosing buckets money in realtor fees and closing costs along the way.  Even with these choices, it's hard to view my friends as selfish knowing that most of them give around 10% of their income to charity. There are probably plenty of people around here swimming in debt (somebody recently asked in a Q&A with the local paper editors how she could stop going to the city's most expensive restaurants and start living within her means when she only liked expensive places), but lots of folks can stretch themselves and afford to get by while wasting a lot of money.  It's not what my spouse and I have chosen to do, because we want to be able to live very responsibly and plan for a rainy day, but the longer you live with and around the money that tends to permeate high cost of living areas, the more it will seem normal to you. Also, if it's really $1000/mo for a 2 br. apartment, your cost of living is still lower than mine is. If I were you I wouldn't try to acclimate myself to the spendy habits of your surroundings.  Instead I'd find friends who are frugal and work on maintaining your good financial habits.  If you ever want one of those $4, $5, or $6K (plus!) houses, you're going to need them."}
{"_id": "76283", "title": "", "text": "House as investment is not a good idea. Besides the obvious calculations don't forget the property tax, home maintenance costs and time, insurance costs, etc. There are a lot of hidden drains on the investment value of the house; most especially the time that you have to invest in maintaining it. On the other hand, if you plan on staying in the area, having children, pets or like do home improvements, landscaping, gardening, auto repair, wood/metal shopping then a house might be useful to you. Also consider the housing market where you are. This gets a bit more difficult to calculate but if you have a high-demand rental market then the house might make sense as an investment if you can rent it out for more than your monthly cost (including all of those factors above). But being a landlord is not for everyone. Again more of your time invested into the house, you have to be prepared to go months without renting it, you may have to deal with crazy people that will totally trash your house and threaten you if you complain, and you may need to part with some of the rent to a management company if you need their skills or time. It sounds like you are just not that interested right now. That's fine. Don't rush. Invest your money some other way (i.e.: the stock market). More than likely when you are ready for a house, or to bail your family out of trouble (if that's what you choose to do), you'll have even more assets to do either with."}
{"_id": "76284", "title": "", "text": "You don't have to use an agent (broker, as you call it), but it is strongly advised. In some counties lawyers are required, in some not. Check your local requirements. Similarly the escrow companies that usually deal with recording and disbursing of money. You will probably not be able to get a title insurance without using an escrow service (I'm guessing here, but it makes sense to me). You will not be able to secure financing through a bank or a mortgage broker without an escrow company, and it might be hard without an agent. Agents required by law to know all the details of the process, and they can guide you through what to do and what to look into. They have experience reading and understanding the inspection reports, they know what to demand from the seller (disclosures, information, etc), they know how and from where to get the HOA docs and disclosures, and can help you negotiate the price knowing the market information (comparable sales, comparable listings, list vs sales statistics, etc). It is hard to do all that alone, but if you do - you should definitely get a discount over the market price of the property of about 5% (the agents' fees are up to 5% mostly). I bought several properties in California and in other states, and I wouldn't do it without an agent on my side. But if you trust the other side entirely and willing to take the risk of missing a step and having problems later with title, mortgage, insurance or resale, then you can definitely save some money and do it without an agent, and there are people doing that."}
{"_id": "76285", "title": "", "text": "You will need to buy a stock before the ex-dividend date to receive the dividends. You can sell a stock on the ex-dividend date or after and you will receive the dividends. So if the ex-dividend date is the 5th August, you need to buy before the 5th and you can sell on the 5th or after, to receive the dividends. Definitions from the ASX: Record date The Record Date is 5.00pm on the date a company closes its share   register to determine which shareholders are entitled to receive   the current dividend.  It is the date where all changes to   registration details must be finalised.   Ex dividend date The ex dividend date occurs two business days before the company's   Record Date. To be entitled to a dividend a shareholder must have   purchased the shares before the ex dividend date. If you purchase   shares on or after that date, the previous owner of the shares (and   not you) is entitled to the dividend. A company's share price may move up as the ex dividend date approaches   and then fall after the ex dividend date."}
{"_id": "76292", "title": "", "text": "I agree with the principles, but the reality is far different on the ground. We are still moving further and further into hard skills for recruiting, because that is all HR drones know how to do. If we want more well rounded people, we need to change the way we evaluate people, rather than just looking for boxes to check. Unfortunately I suspect the vast majority of these phantom liberal arts jobs will simply be filled by cherry picked Ivy leaguers and those with the right connections, because that is basically how it is done now."}
{"_id": "76306", "title": "", "text": "We rarely do them where they go beyond 100m one way.  When we do we get a single charge in the middle and go 300m.  If we were going any further then a few more stops don't bother me...especially with noisy kids.  There was one time we picked up a 1-day rental for $20 to go into the mountains where there were no chargers (and dirty bumpy etc).  Good thing, popped a tire on the rental :). For the extremely adventurous maybe you want something else.  For most others it works out really well."}
{"_id": "76330", "title": "", "text": "You bought 1 share of Google at $67.05 while it has a current trading price of $1204.11. Now, if you bought a widget for under $70 and it currently sells for over $1200 that is quite the increase, no? Be careful of what prices you enter into a portfolio tool as some people may be able to use options to have a strike price different than the current trading price by a sizable difference. Take the gain of $1122.06 on an initial cost of $82.05 for seeing where the 1367% is coming. User error on the portfolio will lead to misleading statistics I think as you meant to put in something else, right?"}
{"_id": "76363", "title": "", "text": "\"No offense but how is it inspiring given it took the socialization of risk markets (bailouts, tens of trillions in liability guarantees, wholesale changes in mark-to-market accounting rules, QE which continues to this day) and undermining of our judicial process (pretending no fraud was truly prosecutable) - all to the outsized benefit of the ultimate insider and anti-competition specialist Buffett?  I traded before, during and after the crisis and any of my losses were 100% my own while guys down the Avenue had their bonuses guaranteed by TARP and I am supposed to be inspired?  Buffett sure did \"\"bet on America\"\", it just isn't what most people like to think it is.\""}
{"_id": "76373", "title": "", "text": "Your risk management process can be as simple or as complex as you choose to make it, but there are five key elements you should concentrate on getting right to ensure effectiveness. Get these wrong and the rest of the exercise is a waste of time."}
{"_id": "76377", "title": "", "text": "Lehman Brothers and Bear Stearns failed before there ever was such a thing as a Systemically Important Financial Institution (SIFI).  OP's article and the study that it is based on are referring quite specifically to SIFI's, not every bank in American history."}
{"_id": "76402", "title": "", "text": "\"I was talking to a hiring manager friend the other day and he's telling me he can't find anyone with experience in this specific steel testing software. I asked about it, apparently it was made for only in company use, completely proprietary and custom for their operations and he's scratching his head about why these young metallurgists straight out of college don't know about this testing software and how it's used and that they are \"\"completely useless for the role\"\". Jesus fucking Christ, those are smart kids they can figure out how to click the buttons in the software give them a chance.\""}
{"_id": "76414", "title": "", "text": "As someone in the very same position as you here is what I suggest: Have $1,000 for each possible large expense you currently have. For example, house, car, pregnant wife, etc. As someone who only has a car (living at home still) I only have $1,000 in my eFund (emergency fund). The ABSOLUTE rest of my money goes to paying off the loans as soon as possible. I mean ever single dollar. There is no point for investing unless you have a really good return on investment. I am not too sure how common returns of 6.8% are, but that seems above average. If in fact you're just stashing it in a bank account at ~1%, you're doing it wrong.  Getting out of debt is not only just about the financial benefits but the emotional benefits too. It feels really nice to not owe anybody anything.  Good luck man!    P.S. Try using a tracker like ReadytoZero to show how much you're losing a day by remaining in debt. This will better help you understand if your investments are making you money or losing your money."}
{"_id": "76441", "title": "", "text": "\"&gt;I do have to say, that this is certainly not an influence of \"\"creeping socialism\"\" but rather \"\"creeping corporate welfare-ism\"\"   No there is definitely an aspect of using \"\"socialistic\"\" concepts/memes here (is it in an utterly misleading and false manner, yes... but it's still there nonetheless).  &gt;if socialism was the culprit, we'd be actually doing something to alleviate the suffering of babies and kittens. as it stands, we are just contributing to outrageous corporate bonuses.   ???\""}
{"_id": "76442", "title": "", "text": "How can we make this claim? Easy! At TAPE-RITE we live for adhesive tape. We eat it, sleep it, talk about it - we're obsessed with it! Why? Because tape isn't our sideline - it's our only line! Hey, we're not called TAPE &amp; OTHER STUFF-RITE, just TAPE-RITE. for details call us at: 516-406-8294 / 800-532-2309 Fax at: 516.328.0344 E-mail at: sales@taperite.com visit us: http://taperite.com/"}
{"_id": "76457", "title": "", "text": "There are dividend newsletters that aggregate dividend information for interested investors.  Other than specialized publications, the best sources for info are, in my opinion:"}
{"_id": "76459", "title": "", "text": "People over 20 should only work 3 days. What the fuck are we going to do about? Fucking dumbass experts instead of scratching your asses and sniffing each other's buttholes, why don't you do something so we don't have to work into our 60's."}
{"_id": "76466", "title": "", "text": "\"It looks like these types of companies have to disclose the health of their accounts to CFTC (Commodity Futures Trading Commission). That is the gist I get at least from this article about the traders that lost money due to the Swiss removing the franc\u2019s cap against the euro. The article says about the U.S. retail FOREX brokerage: Most of FXCM\u2019s retail clients lost money in 2014, according to the company\u2019s disclosures mandated by the CFTC. The percentage of losing accounts climbed from 67 percent in the first and second quarters to 68 percent in the third quarter and 70 percent in the fourth quarter. Side note: The Swiss National Bank abandoned the cap on the currency's value against the euro in mid-January 2015. But above paragraph provides data on FXCM\u2019s retail clients in 2014. It could consequently be concluded that, even without \"\"freak events\"\" (such as Switzerland removing the franc cap), it is more likely for an investor to NOT make a profit on the FOREX market. This is also in line with what \"\"sdfasdf\"\" and \"\"Dario Fumagalli\"\" say in their answers.\""}
{"_id": "76469", "title": "", "text": "\"This rent seeking attitude of the crony capitalists fits hand in glove with the Republican desire to govern without actually representing the populace, and so the gerrymandering problem just keeps getting worse: They want all the benefits without the work or responsibility. [Noblise oblige](https://en.wikipedia.org/wiki/Noblesse_oblige) devolved into societal piracy with a hearty dose of capitalistic cannibalism on the side. So this is Reagan's [Morning in America](https://en.wikipedia.org/wiki/Morning_in_America) in full flower -- how sweet it isn't.  As for the Democrats, they are trying to compete with the GOP as the party of the top ten percent, the rest of the country be damned. The bad news for them is that this is the same problem any one wanting to take over a mature market faces: High costs over long periods of time for small results. And bugger the fact that we neither need nor want another right-wing party, and especially not a right-wing-lite party.  Perhaps what is really wrong with the U.S. these days is that our \"\"elite\"\" governing class needs a substantial [dose of nostalgia.](https://en.wikipedia.org/wiki/French_Revolution)\""}
{"_id": "76480", "title": "", "text": "Well, whats the source of income from?  Social security?  Dividends?  At 40k that's the good thing about a progressive tax, you wouldn't be taxed heavily.  Even 40k of capital gains, which lets be honest is mostly high income individuals, is barely taxed at a higher level than that 40,000k from a fixed income source. Again, that's the gain (aka profit) one is receiving from selling shares of a company."}
{"_id": "76486", "title": "", "text": "I am not a lawyer.  I do however own an LLC. It's setup as a partnership with 50/50 ownership.  You can do it as a sole proprietorship.    In basic terms, if you separate your money and assets from the money and assets of the company then you are personally immune from lawsuit and thus your personal assets are safe.  You have to set it up right (fairly cheap) and keep the records right (ie never mix personal and company assets ) but it provides a nice legal buffer and in some cases tax benefits.    Do not construe this as legal or accountanting advice.  Speak with pros to understand and get it set up right.  But it's worth it."}
{"_id": "76515", "title": "", "text": "Don't worry. The Cyprus situation could only occur because those banks were paying interest rates well above EU market rates, and the government did not tax them at all. Even the one-time 6.75% tax discussed is comparable to e.g. Germany and the Netherlands, if you average over the last 5 years. The simple solution is to just spread your money over multiple banks, with assets at each bank staying below EUR 100.000. There are more than 100 banks large enough that they'll come under ECB supervision this year; you'd be able to squirrel away over 10 million there. (Each branch of the Dutch Rabobank is insured individually, so you could even save 14 million there alone, and they're collectively AAA-rated.) Additionally, those savings will then be backed by more than 10 governments, many of which are still AAA-rated.  Once you have to worry about those limits, you should really talk to an independent advisor. Investing in AAA government bonds is also pretty safe. The examples given by littleadv all involve known risky bonds. E.g. Argentina was on a credit watch, and paying 16% interest rates."}
{"_id": "76519", "title": "", "text": "Sorry, but it doesn't make sense to convert to USD when you can find the actual price of gas easily.  Maybe I should have just stuck with EU prices since the article was EU-based.  1,15/L inflated by 1% every year ends up at 1,27/L after 10 years."}
{"_id": "76523", "title": "", "text": "I think you are addressing it the wrong way around. Insurance - in its basic idea - is supposed to protect you from exceptional and potentially life-changing financial situations; not from day-to-day cost. That means that covering the first 1000 $ is pretty much useless; for any serious sickness the insurance would be without merit. For example, it makes sense to insure your house against fire; the premium is small compared to the potential damage, which works because the chance of a fire is also small. If you extend a fire insurance to cover dropped glasses, or broken TV sets, it becomes quickly a bad idea - chances for these events are higher, so insurance cost go up (and the events are easier to fake too). Insurance should cover the large damage with low risk, never the small damage with more risk. The only reason the latter exist is that people don't understand it, and insurances make money on it, so they offer it. Apply this to your insurance idea, and the right way would be: Pay 50 $ to cover any cost over 10000 $; Pay 100$ to cover any cost over 5000 $; Pay 200 $ to cover any cost over 2500 $; And so on (all numbers are taken from thin air as an example). I would love if there is an relatively cheap insurance that covers anything above 10000 $ (or even a higher threshold); they don't exist because there is not enough money to make for insurance companies."}
{"_id": "76530", "title": "", "text": "\"All transactions within an IRA are irrelevant as far as the taxation of the  distributions from the IRA are concerned. You can only take cash from an IRA, and a (cash) distribution from a Traditional IRA is taxable as ordinary income (same as interest from a bank, say) without the advantage of any of the special tax rates for long-term capital gains or qualified dividends even if that cash was generated within the IRA from sales of stock etc. In short, just as with what is alleged to occur with respect to Las Vegas, what happens within the IRA stays within the IRA. Note: some IRA custodians are willing to make a distribution of stock or mutual fund shares to you, so that ownership of the 100 shares of GE, say, that you hold within your IRA is transferred to you in your personal (non-IRA) brokerage account. But, as far as the IRS is concerned, your IRA custodian sold the stock as the closing price on the day of the distribution, gave you the cash, and you promptly bought the 100 shares (at the closing price) in your personal brokerage account with the cash that you received from the IRA. It is just that your custodian saved the transaction fees involved in selling 100 shares of GE stock inside the IRA and you saved the transaction fee for buying 100 shares of GE stock in your personal brokerage account. Your basis in the 100 shares of GE stock is the \"\"cash_ that you imputedly received as a distribution from the IRA, so that when you sell the shares at some future time, your capital gains (or losses) will be with respect to this basis. The capital gains that occurred within the IRA when the shares were imputedly sold by your IRA custodian remain within the IRA, and you don't get to pay taxes on that at capital gains rates. That being said, I would like to add to what NathanL told you in his answer. Your mother passed away in 2011 and you are now 60 years old (so 54 or 55 in 2011?). It is likely that your mother was over 70.5 years old when she passed away, and so she likely had started taking Required Minimum Distributions from her IRA before her death. So, You should have been taking RMDs from the Inherited IRA starting with Year 2012. (The RMD for 2011, if not taken already by your mother before   she passed away, should have been taken by her estate, and distributed to her heirs in accordance with her will, or, if she died intestate, in accordance with state law and/or probate court directives). There would   not have been any 10% penalty tax due on the RMDs taken by you on the grounds that you were not 59.5 years old as yet; that rule applies to owners (your mom in this case) and not to beneficiaries (you in this case). So, have you taken the RMDs for 2012-2016? Or were you waiting to turn 59.5 before taking distributions in the mistaken belief that you would have to pay a 10% penalty for early wthdrawal?  The penalty for not taking a RMD is 50% of the amount not distributed; yes, 50%. If you didn't take RMDs from the Inherited IRA for years 2012-2016, I recommend that you consult a CPA with expertise in tax law. Ask the CPA if he/she is an Enrolled Agent with the IRS: Enrolled Agents have to pass an exam administered by the IRS to show that they really understand tax law and are not just blowing smoke, and can represent you in front of the IRS in cases of audit etc,\""}
{"_id": "76547", "title": "", "text": "If it's true then right now we're in 1937-1938 and you know what happened in the decade after that... not good.   Edit: the central bank in Japan is quietly bailing out the central government by buying up the Treasuries and controlling the yield curve.  If that succeeds without a major uprising or violence, maybe there's hope America and Europe can do it too."}
{"_id": "76556", "title": "", "text": "Stuff I wish I had known, based on having done the following: Obtained employment at a startup that grants Incentive Stock Options (ISOs);  Early-exercised a portion of my options when fair market value was very close to my strike price to minimize AMT; made a section 83b) election and paid my AMT up front for that tax year. All this (the exercise and the AMT) was done out of pocket. I've never see EquityZen or Equidate mention anything about loans for your exercise. My understanding is they help you sell your shares once you actually own them. Stayed at said startup long enough to have my exercised portion of these ISOs vest and count as long term capital gains;  Tried to sell them on both EquityZen and Equidate with no success, due to not meeting their transaction minimums.  Initial contact with EquityZen was very friendly and helpful, and I even got a notice about a potential sale, but then they hired an intern to answer emails and I remember his responses being particularly dismissive, as if I was wasting their time by trying to sell such a small amount of stock. So that didn't go anywhere. Equidate was a little more friendly and was open to the option of pooling shares with other employees to make a sale in order to meet their minimum, but that never happened either.  My advice, if you're thinking about exercising and you're worried about liquidity on the secondary markets, would be to find out what the minimums would be for your specific company on these platforms before you plunk any cash down. Eventually brought my request for liquidity back to the company who helped connect me with an interested external buyer, and we completed the transaction that way. As for employer approval - there's really no reason or basis that your company wouldn't allow it (if you paid to exercise then the shares are yours to sell, though the company may have a right of first refusal). It's not really in the company's best interest to have their shares be illiquid on the secondary markets, since that sends a bad signal to potential investors and future employees."}
{"_id": "76559", "title": "", "text": "Nope! Taylor has always been super original, I mean she dated another guy named Taylor, hence why t squared. What other pop star did that? None. That's right. How can you say she's not original, she's the best. Popstar? No. She's country. Get your facts straight then maybe I'll listen. Taylor+Taylor forever."}
{"_id": "76562", "title": "", "text": "Unfortunately I do not have much experience with European banks. However, I do know of ways to earn interest on bank accounts. CDs (Certificates of Deposit) are a good way to earn interest. Its basically a savings account that you cannot touch for a fixed rate of time. You can set it from an average of 6 months to 12 months. You can pull the money out early if there is an emergency as well. I would also look into different types of bank accounts. If you go with an account other than a free one, the interest rate will be higher and as long as you have the minimum amount required you should not be charged. Hope I was able to help!"}
{"_id": "76584", "title": "", "text": "It is not luck just as much it was destined to happen. If you want to get real technical, it's the every action he has taken(both mental and physical), from BIRTH, that put him, or anyone else for that matter, in the financial and medical health we're in at this very very second."}
{"_id": "76609", "title": "", "text": "\"I came across a text when I was reading my textbook a few days ago that talked about how China surpassed Japan as world's second largest economy in 2011. I read some articles and I thought it was really interesting to see how China is developing so quickly. I understand to have economic growth, you have to have increase factors of production; and that technology is the fourth factors of production.   From an economic standpoint, how do one measure \"\"tech?\"\"    And what do you mean markets innovate, while governments help?   Thank you in advance.   -Curious student\""}
{"_id": "76618", "title": "", "text": "\"Some of the 45,000 might be taxable. The question is how was the stipend determined. Was it based on the days away? The mile driven? The cities you worked in? The IRS has guidelines regarding what is taxable in  IRS Pub 15 Per diem or other fixed allowance.  You may reimburse your employees by travel days, miles, or some other   fixed allowance under the applicable revenue procedure. In these   cases, your employee is considered to have accounted to you if your   reimbursement doesn't exceed rates established by the Federal   Government. The 2015 standard mileage rate for auto expenses was 57.5   cents per mile. The rate for 2016 is 54 cents per mile. The government per diem rates for meals and lodging in the continental   United States can be found by visiting the U.S. General Services   Administration website at www.GSA.gov and entering \"\"per diem rates\"\" in   the search box. Other than the amount of these expenses, your   employees' business expenses must be substantiated (for example, the   business purpose of the travel or the number of business miles   driven). For information on substantiation methods, see Pub. 463. If the per diem or allowance paid exceeds the amounts substantiated,   you must report the excess amount as wages. This excess amount is   subject to income tax with-holding and payment of social security,   Medicare, and FUTA taxes. Show the amount equal to the substantiated   amount (for example, the nontaxable portion) in box 12 of Form W-2   using code \u201cL\"\"\""}
{"_id": "76623", "title": "", "text": "No doubt. But someone who is motivated by greed or money may use that motivation to do great good, at great profit. If someone could become the first trillionaire by turning China and India \u2013 and the US \u2013 away from fossil fuels, and that's the way they're motivated, and without that motivation they wouldn't bother, I'd be asking how I could help them make the Big T."}
{"_id": "76640", "title": "", "text": "Investment baking is a financial organization which would underwrite for government sectors and corporations that would issue securities like bonds and treasury bills.Apart from these, they also offer services to companies and individual clients in matters of financial solutions, advisory services."}
{"_id": "76659", "title": "", "text": "The median income for an African American household was $39,490 last year, according to U.S. Census Bureau data released this week. It was $41,363 in 2000. (Both figures are in 2016 dollars, so they have been adjusted for inflation). - From the article."}
{"_id": "76661", "title": "", "text": "\"&gt; Or does it differ between every company what non-cash charges they have?  This.  Here's a hint: the FCFF *can* be calculated from Cash Flow from Operations (CFO).   Think of FCFF this way: \"\"after the business has operated *and* made *all* investments needed to grow, both short and long-term, how much is left over for providers of capital?\"\"   [Here's a good resource for you.](https://www.cfainstitute.org/learning/products/publications/inv/Documents/equity_chapter6.ppt)\""}
{"_id": "76662", "title": "", "text": "\"As soon as I see the word \"\"friends\"\" along with money transfer I think scam. But ignoring that red flag.... You will have American companies reporting to the IRS that you are a Canadian Vendor they have hired. Then you are transferring money to people in Bangladesh.  Assuming also that you fill out all the regulatory paperwork to establish this Money transfer business  you may still face annual reporting requirements to 3 national taxing authorities. In the United states there are situations where the US Government hires a large company to complete a project. As part of that contract they require the large company to hire small businesses to complete some of the tasks. In a situation where the large company is imply serving as a conduit for the money between the government and the sub-contractor; and the large company has no other responsibilities; the usual fee for providing that function is 8% of the funds. This pays for their expenses for their accounting functions plus profit and the taxes that will trigger. Yet you said \"\"At the end of the day, I will not earn much, but the transactions will just burden my tax returns.\"\"  The 8 percent fee doesn't include doesn't include having to file paperwork with 3 nations.  Adding this to all the other risks associated with being an international bank, plus the legal costs of making sure you are following all the regulations...No thanks.\""}
{"_id": "76695", "title": "", "text": "I don't have any experience in this, but this is my academic understanding of business pricing.  The LOWEST amount a seller would accept is the liquidation value. For a B&B, what would the value of the land, the house, the furnishings, accounts payable, etc. be if it had to be sold today, minus any liabilities.  The amount the seller would like to pay for is going to be a multiple of its annual earnings. One example of this is the discounted cash flow analysis. You determine the EBITDA, the earnings a company generated, before interest,  depreciation, taxation and amortization.  Once you have this amount, you can project it out in perpetuity, or you use an industry multiplier.  Perpetuity:  You project this value out in perpituity, discounted by the going interest rate. In other words, if you project the business will earn $100,000/year, the business should grow at a 5% rate, and the going interest rate is 8%. Using a growing perpetuity formula, one value of a business would be: 100,000 / (.08 - .03) = $2,000,000.  This is a very high number, and the seller would love to get it.  It's more common to do a multiple of the EBIDTA. You can do some research into the valuation of the particular industry to figure out the EBIDTA multiplier for the industry. For example, this article suggests that the 2011 EBITDA multiplier for hospitality industries is 13.8. (It's valuing large hotel chains, but it's a start). So the value of this B&B would be around $1,380,000. Here is an online SME valuation tool to help with the EBIDTA multiple based valuation. Also, from my research, it looks like many small business use Seller Discretionary Earnings  (SDE) instead of EBITDA. I don't know much about it, but it seems to serve a similar purpose as EBITDA.  A potential buyer should request the financial statements of the business for the last few years to determine the value of the business, and then can negotiate with the owner a price. You would probably want to enlist a broker to help you with the transaction."}
{"_id": "76703", "title": "", "text": "Cara Mengecilkan Perut Buncit \u00bb Kini telah hadir tips cara mengecilkan perut buncit dengan cepat tanpa ribet dan tidak menimbulkan efek samping bagi tubuh. Banyak sekali orang-orang yang berusaha mati-matian untuk mengecilkan perut buncit, ada yang mengorbankan waktu, tenaga dan terlebih lagi mengeluarkan uang yang banyak."}
{"_id": "76738", "title": "", "text": "From a wealth management perspective, almost every one of my clients that owns a business has it in some sort of trust. Mostly for estate planning purposes. So it wouldn't surprise me if that's what he was talking about.  But I would straight up just ask to clarify. Can't hurt to ask, and I'd love to hear what he meant."}
{"_id": "76754", "title": "", "text": "And oh yeah, #1 on that list serves in the Obama Administration.  Jeffrey Immelt serves on Obama's Economic Recovery Advisory Board, a group of corporatists who advise the government on how to make the working class pay for the consequences of the economic crisis caused by Wall St."}
{"_id": "76776", "title": "", "text": "\"A junk bond is, broadly, a bond with a non-negligible risk of default.  (\"\"Bond\"\" ought to be defined elsewhere, but broadly it's a financial instrument you buy from a company or government, where they promise to pay you back the principal and some interest over time, on a particular schedule.) The name \"\"junk\"\" is a bit exaggerated: many of them are issued by respectable and reasonably stable businesses. junk bonds were required to do large leveraged buyouts.  This means: the company issued fairly risky, fairly high-yield debt, to buy out equity holders.  They have to pay a high rate on the debt because the company's now fairly highly geared (ie has a lot of debt relative to its value) and it may have to pay out a large fraction of its earnings as interest. What is a junk bond and how does it differ from a regular bond?  It's only a matter of degree and nomenclature.  A bond that has a credit rating below a particular level (eg S&P BBB-) is called junk, or more politely \"\"non-investment grade\"\" or \"\"speculative\"\".  It's possible for an existing bond to be reclassified from one side to another, or for a single issuer to have different series some of which are more risky than others.  The higher the perceived risk, the more interest the bond must pay offer in order to attract lenders. Why is there higher risk/chance of default? Well, why would a company be considered at higher risk of failing to repay its debt?  Basically it comes down to doubt about the company's future earnings being sufficient to repay its debt, which could be for example:\""}
{"_id": "76782", "title": "", "text": "I use http://moneydance.com/ it has Mac, Windows and Linux versions and works well for my needs."}
{"_id": "76786", "title": "", "text": "\"Provide you are willing to do a bit of work each month, you should apply for a \"\"rewards checking\"\" account.  Basically these accounts require you to set up direct deposit (can be any amount and your employer can easily deposit $25 into one account and the rest into another if you like).  They also require you to use your debit card attached to the account (probably about 10 times per month). Check out the list on the fatwallet finance forum.  Right now the best accounts are earning over 4%.\""}
{"_id": "76790", "title": "", "text": "Bank lending, insurance and derivatives: all dependent on Europe. Metals and shipping: tiny niche industries that have relatively few tax payers actually sitting in London.  Sorry buddy, but without Europe London is just a regional financial centre that mostly services the UK economy with a few niche international areas that don't bring in that much business."}
{"_id": "76800", "title": "", "text": "Here at Environmental Drain Services Ltd, we offer installation services of a wide variety of wastewater systems to commercial areas. We are experienced in setting up systems like sewage treatment plants and interceptors whether it is on a small shop or a large building. To know more about our installation services, visit our website at www.eds.uk.com."}
{"_id": "76805", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/austin] [Amazon launches search for a second headquarters in North America](https://np.reddit.com/r/Austin/comments/6yqdrb/amazon_launches_search_for_a_second_headquarters/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "76830", "title": "", "text": "&gt;The point of Lewis' speech is that society and culture has (wrongly) been attributing all success to skill alone, and almost completely discounted luck of opportunities as a factor.  It's called the [fundamental attribution error](http://en.wikipedia.org/wiki/Fundamental_attribution_error). In short, you attribute YOUR success to your own personal characteristics and downplay situational variables that played an influential role and attribute YOUR failures to situational variables  while downplaying personal characteristics... while simultaneously doing the opposite for everyone else (i.e., Other person's success = luck, other person's failure = idiocy)."}
{"_id": "76841", "title": "", "text": "Good luck with that. Vancouver is up 8.8% in value this year. Volumes are down a touch but demand is outstripping supply so it is back to bidding wars and selling 10% over asking. I sure as hell would not buy an $800k home in Chilliwack. Those areas where people have normal jobs... that is sketchy. But Vancouver proper? There is too much money here and too many homes owned outright. Any bump means people de-list their properties and wait it out. We had a bump last year with the new foreign buyer tax, people de-listed and now prices are rising."}
{"_id": "76845", "title": "", "text": "Do you photograph information and circle of relatives organization images? Yes! Your wedding videography collection might no longer be complete without them, and we take all of the videography you would anticipate from a traditional wedding videography. We then exceed those expectancies to give you snapshots you may in no way have wedding ceremony videography. Valuing every couple as though they were our only patron, we deliver customized attention due to the fact we sincerely care."}
{"_id": "76850", "title": "", "text": "retail sales prices in july were reported this morning as up 0.5% including autos.  Article claims big declines in car volumes though.  Are they raising prices, but increasing financing incentives to offset it?  Only expensive cars are being sold, while the affordable market shifts to used and isn't captured by price stats?"}
{"_id": "76856", "title": "", "text": "\"Mint.com uses something called OFX (Open Financial Exchange) to get the information in your bank account. If someone accessed your mint account they would not be able to perform any transactions with your bank. All they would be able to do is view the same information you do, which some of it could be personal <- that's up to you. Generally the weakest point in security is with the user. An \"\"attacker\"\" is far more likely to get your account information from you then he is from the site your registered with.  Why you're the weakest point: When you enter your account information, your password is never saved exactly how you enter it. It's passed through what is called a \"\"one way function\"\", these functions are easy to compute one way but given the end-result is EXTREMELY difficult to compute in reverse. So in a database if someone looked up your password they would see it something like this \"\"31435008693ce6976f45dedc5532e2c1\"\". When you log in to an account your password is sent through this function and then the result is checked against what is saved in the database, if they match you are granted access. The way an attacker would go about getting your password is by entering values into the function and checking the values against yours, this is known as a brute force attack. For our example (31435008693ce6976f45dedc5532e2c1) it would take someone 5 million years to decry-pt using a basic brute force attack. I used \"\"thisismypassword\"\" as my example password, it's 12 characters long. This is why most sites urge you to create long passwords with a mix of numbers, uppercase, lowercase and symbols. This is a very basic explanation of security and both sides have better tools then the one explained but this gives you an idea of how security works for sites like these. You're far more likely to get a virus or a key logger steal your information. I do use Mint. Edit: From the Mint FAQ: Do you store my bank login information on your servers?   Your bank login credentials are stored securely in a separate database   using multi-layered hardware and software encryption. We only store the   information needed to save you the trouble of updating, syncing or   uploading financial information manually. Edit 2:  From OFX About Security Open Financial Exchange (OFX) is a unified specification for the   electronic exchange of financial data between financial institutions,   businesses and consumers via the Internet. This is how mint is able to communicate with even your small local bank. FINAL EDIT: ( This answers everything )  For passwords to Mint itself, we compute a secure hash of the user's   chosen password and store only the hash (the hash is also salted - see   http://en.wikipedia.org/wiki/Sal... ).  Hashing is a one-way function   and cannot be reversed.   It is not possible to ever see or recover   the password itself.  When the user tries to login, we compute the   hash of the password they are attempting to use and compare it to the   hashed value on record. (This is a standard technique which every site   should use). For banking credentials, we generally must use reversible encryption   for which we have special procedures and secure hardware kept in our   secure and guarded datacenter.  The decryption keys never leave the   hardware device (which is built to destroy the key material if the   tamper protection is attacked).  This device will only decrypt after   it is activated by a quorum of other keys, each of which is stored on   a smartcard and also encrypted by a password known to only one person.   Furthermore the device requires a time-limited   cryptographically-signed permission token for each decryption. The   system (which I designed and patented) also has facilities for secure   remote auditing of each decryption. Source: David K Michaels, VP Engineering, Mint.com - http://www.quora.com/How-do-mint-com-and-similar-websites-avoid-storing-passwords-in-plain-text\""}
{"_id": "76862", "title": "", "text": "I don't know a lot about this space but it seems like maybe Blue Apron should try to be acquired as well. Better now and keep the name and employees alive than later then all they'll be able to get is scraps."}
{"_id": "76871", "title": "", "text": "If you truly have > 22% equity, they have to stop it.  However, without an appraisal, how do you know if you have > 22% equity?  If you bought the house for 100k, and paid your mortgage down to 78k, but now the house is only worth 78k, you have 0% equity, not 22% equity.  Without an appraisal, you have no idea how much equity you have. Yeah, it sucks, but that's how equity is calculated: based on the current value, not the past value."}
{"_id": "76889", "title": "", "text": "\"One thing I've run into (working for a smaller MSO/Cable Company) is that when we started offering TiVo to our customers directly, we ran into all kinds of restrictions. Some examples - since we carries Starz/Encore, the TiVos we provided customers had to have the Netflix app disabled. More recently, I've seen more apps like Amazon Movies, the music video on-demand service, and more removed due to FCC restrictions on cable operators. Meanwhile, customers who pickup their TiVo from Best Buy or retail get the full experience. Now, one would think \"\"Yay! It's better for the customer to go buy the unit\"\". However, when they get it from us, they never have to worry about repairs (I went through two Series 2 units personally years ago - usually was the HDD) and we also take care of the programming guide cost so the customer doesn't have to worry about the monthly charge to TiVo or choosing a lifetime sub that's locked to one unit. It just really frustrates me because I prefer the TiVo over our standard Motorola HD DVRs but these regulations have made them (the ones we provide/rent to the customer) no better than the regular DVRs.\""}
{"_id": "76898", "title": "", "text": "Yeah dang. Guess it's probably written deep in the contract that this can happen and nothing is absolutely guaranteed.   Any specific experience on rental car chains? I've recently started using National and love the pick your own car experience...much faster and smoother but is more expensive (and luckily reimbursed mostly as well)"}
{"_id": "76903", "title": "", "text": "I'm not sure if they're less risky. Maybe I'm being naive, but I feel they're less manipulated.   I wouldn't say I have any hard resources other than dicking around on cmegroup,com. I pay a ton for my daily newsletters so I can't just start forwarding those.   I tend to stay away from strategy books, but Mark Fisher's The Logical Trader is decent. Futures I feel are more of an experience than strategy trade. Especially the spreads. This is where systems come to die."}
{"_id": "76907", "title": "", "text": "One option is buying physical gold.  I don't know about Irish law -- but from an economic standpoint, putting funds in foreign currencies would also be an option. You could look into buying shares in an ETF tracking foreign currency as an alternative to direct money exchange."}
{"_id": "76909", "title": "", "text": "I don't get the big deal. Someone has to buy it. And with Europe scaring people there's not much choice out there.   Unless Americans start buying more or they restrict sales to citizens, this is going to keep going. At least someone wants them"}
{"_id": "76924", "title": "", "text": "It's naive to believe that businesses accept climate change science on its face, it's more likely they know it's good PR, both with regards to consumers and politicians and would rather just keep their heads down and be good obedient (at least in the eyes of the public) brands."}
{"_id": "76952", "title": "", "text": "9.8 m/s^2  What you need to explain how those building came down at free fall.  As far as Palestine is concerned, there is no justification for Apache helicopters and F-16s to bomb unarmed women and children, but obviously to the mind of an Israeli, its bravery. The time for bravery will soon be at hand and when the wall they built to keep people out become the walls to the ghetto they built themselves, the answer will be plain as day"}
{"_id": "76954", "title": "", "text": "\"After looking at the comments, and your replies it seems that your mind is made up: \"\"You will always be able to obtain 0% credit, and nothing bad will ever happen\"\". Credit cards that offer 0% on balance transfers are very rare.  Most have a transfer fee of some kind, which acts like an interest rate.  This is a change that probably happened 10 years ago without much fanfare.  From this you can draw a lesson: what changes will come in the future? This site and others a full of \"\"tales of woe\"\" where people were playing musical chairs with credit, and when the music stopped, there was no chairs in sight.  Job loss, medical expenses, unexpected taxes, natural disasters can all effect one's ability to make payments on time and happen.  Once payments start being missed or are late, things tend to avalanche from there.  It has happened to me, and loved ones. The pain and suffering is not worth it.  Get out of debt. You claim that you are investing the money instead of paying on the debt, and you are making the delta between your prevailing investment rate 7%.  Did you include the balance transfer fee in your calculations?    First off your investments could lose money.  While 2015 was mostly flat, we have not had a correction in a long time.  Some say we are long overdue.   Secondly, how much money are we really talking about here?  Say there is not a balance transfer fee, you could be guaranteed 7%, and you are floating $10K.  Congratulations in this mythical scenario you just made $700. If $700 changes your life dramatically perhaps it is time for a second job.  This way you can earn that every two weeks (working part time) rather than every year.  Now that will really change your life.  By applying this amount of mental energy to make $700, what opportunities are you missing?   Pay off the debt, you will be much better off in the long run.\""}
{"_id": "76965", "title": "", "text": "Yeah my question was just out of curiosity. Though I do wonder, given that bond prices are so low, they inevitably will have to go up right? So why does anyone bother to buy them in the first place?"}
{"_id": "76973", "title": "", "text": "Let me ask you something else: If you knew about a company that makes $1 million of profit per year and growing, with costs that are half that, would you not be interested to have a stake in this company?  Of course you would. And because the shares can be publicly bought, you can. I don't think you'd care if it's an asset manager or some other company.  An asset manager can do a lot with the capital it raises. It could get bigger and better offices, invest in a better computer system, maybe get faster access to exchange information, better information terminals, have more money for marketing and road shows. But the really big cash usually goes to acquire new talent. You might not need that much money for support staff, but a sales manager can be expensive, and a good fund manager can easily cost a high 7 to 8 figure number per year."}
{"_id": "76981", "title": "", "text": "We offer a variety of business enterprise formation applications designed to make putting in a private organization as simple and straightforward as feasible. They range from the simple Digital Package - providing the minimum prison requirements for reputable Company formation - to the All Inclusive, which includes a variety of beneficial extras, including a prestigious registered office, a commercial enterprise provider. This corporation shape is usually utilized by non-earnings Company inside the United States. It protects the private finances of the business enterprise owners in a comparable manner as a corporation limited via stocks. Instead of getting shareholders and stocks."}
{"_id": "76992", "title": "", "text": "\"&gt; So take this dumbass troll shit elsewhere.    A) This ain't trolling. This shit is knowledge. I'm seriously not trying to troll anyone. I do not feel there is enough appreciation or attention given to the many many many people sold a bill of goods. These poor dumb fucks I play FF with, working in downtown Boston or NYC, paying $2000 a month in rent for the privilege of earning $30K a year. \"\"Cuz...networking!!\"\"   &gt; Not sure your vendetta against Finance  B) My vendetta is that it is nonsense. All of it. It is the same three fucking ideas rehashed, repackaged and resold to the next generation of idiots over and over and over again. It is literally NOTHING interesting, and it is WAY too many people clamoring for the same piece of a pie they didn't bake.  \"\"Modern\"\" portfolio theory was developed in the 50's, EMH in the 60s, Black Scholes in the 70s... and these are the ideas you spend 4 years learning. And all of them are built on assumptions everyone either refuses to acknowledge, or completely misunderstand.   &gt;its as good as it gets for business majors.   C) Maybe you are the tallest midget, but maybe you should just not choose to be a midget.   And finally, in your list, construction managers make more. So there is that...\""}
{"_id": "76996", "title": "", "text": "\"If the OP is saving 33% if his/her current income, he/she doesn't want or need yet more income from investments right now. The advice on \"\"diversifying\"\" in the other answers is the standard \"\"investment advisor\"\" response to beginner's questions, and has two advantages for the advisor: (1) they won't get sued for giving bad advice and (2) they can make a nice fat commission selling you some very-average-performance products (and note they are selling you \"\"investment industry products,\"\" not necessarily \"\"good investment opportunities\"\" - advisors get paid commission and bonuses for selling more stuff, not for selling good stuff).  My advice would be to drip-feed some of your excess income into the emerging market sector (maybe 1/3 or 1/4 of the excess), with the intention of leaving it there untouched for up to 20 or 30 years, if need be. At some unknown future time, it is almost certain there will be another EM \"\"boom,\"\" if only because people have short memories. When that happens, sell up, take your profits, and do something less risky with them.  You might consider putting another slice of your excess income into the commodities sector. I don't know when the oil price will be back at $150 or $200 a barrel, but I would be happy to bet it will happen sometime in the OP's lifetime... Since you apparently have plenty of income and are relatively young, that is the ideal time to adopt a risky investment strategy. Even if you lose your entire investment over the next 5 years, you still have another 20 years to recover from that disaster. If you were starting to invest at age 56 rather than 26, the risk/reward situation would be very different, of course.\""}
{"_id": "77002", "title": "", "text": "We provide reproduction and redesign service of all Indian motorcycle spare parts. We are dedicated to the preservation of Antique Indian motorcycle. Our customers continue to order from us for our quality products and services. Our company website lists of all spare parts for sale with an easy to use a shopping cart. Indian motorcycles were respected all over the world for its innovative design and quality along with style."}
{"_id": "77016", "title": "", "text": "Here is the definition of Ex-dividend date from the SEC: Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend. The linked document discusses weekend, and holidays involved in the calculation. The difference between the record date and the ex-dividend is to allow for the three days of settlement."}
{"_id": "77019", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-08-25/too-much-debt-is-making-us-sticks-in-the-mud) reduced by 91%. (I'm a bot) ***** &gt; Instead, we get deeper recessions, as people out of work are left with no purchasing power at all, and the people in work sharply reduce their spending out of fear that they, too, may soon be broke and unemployed.  &gt; One theory would explain the quandary in wages but not in real estate: People attach a lot of their personal identity to their paycheck, so while firing workers is traumatic, lowering everyone&amp;#039;s wages spreads the trauma to your whole workforce, hurting morale and making operations less productive.  &gt; In the first scenario, you will save 200 people three out of three times; in the second, you save 600 people one time, and zero people the other two times.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6w6jgk/too_much_debt_is_making_us_sticksinthemud/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~198942 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **people**^#1 **wage**^#2 **landlords**^#3 **time**^#4 **income**^#5\""}
{"_id": "77036", "title": "", "text": "Why does total debt matter?  What really matters is debt service.  What is the percentage of GDP that is used for debt service?  If you borrow money at 2% versus 18% it makes a **HUGE** difference in how much you pay back.    In fact, Japan's debt goes down each year that inflation is greater than 2% (in purchasing power)."}
{"_id": "77044", "title": "", "text": "There are different options here.  Either way, ensure that you have a paper trail of all your payments. When in doubt, speak to a lawyer, there are many who offer free consultations."}
{"_id": "77052", "title": "", "text": "Your rate of return for paying off this loan is 9%, and that's guaranteed. For reference, the best rate of return on a 10-year FDIC-insured certificate of deposit today is 3%. There's definitely something out there with better returns than paying off your loans, but there's definitely not going to be anything with better risk-adjusted returns than paying off your loans. Investors dream of guaranteed 9% rates of return. If you had something that could provide a guaranteed 9% rate of return, wannabe investors would be lining up at your door and tripping over each other to outbid each other until it actually closer to a 3% rate of return. :P (Postscript. Depending on whether your loans are tax-deductible and what your inflation expectations are, you could adjust those rates to make the comparison more accurate. But at 3% vs 9% the picture's pretty clear.)"}
{"_id": "77074", "title": "", "text": "Firing at the first sign of trouble is a good way to ensure high turnover.  If you're concerned about her missing work for personal reasons, then you should discuss those concerns with her and see if corrective behavior doesn't solve the problem; it might simply be a matter of your policies not being as clear as they should be."}
{"_id": "77088", "title": "", "text": "Well, to get money, you need to leverage your assets.  So your options basically are:  - Asset: Cash.  Well, I figure if you had, you wouldn't have asked how to get more of it, but its always worth mentioning.  Don't forget about cash that can be in tricky places to tap, like 401ks, IRAs, investment accounts, etc.  There is usually some way to get at the cash, but it may not be worth it and you could end up sacrificing long term financial stability if you do.  - Asset: Job Skills and Initiative.  Get a job and and earn the cash.   $2k is not a ton, and if you live frugally you should be able to save it.  There are tons of websites dedicated to living frugally and earning extra cash on the side.   My personal favorite is r/beermoney.   - Asset: Good Credit. Borrow the money from a traditional bank.  Signature loans go up to $35k at most banks, just ask what it would take to qualify.  You could also get a credit card for that amount, and use it to start up the business.    - Asset. Bad Credit.  If you've got bad credit, you can still take out a loan from a place like Prosper or Lending Club or Sofi (these places are handy if you have good credit, too).  Your rates will be much higher, but they will still lend to you.  - Asset: Property.  If you own stuff, you can sell it and get cash.  Clean out your attic (or ask relatives if you can have the stuff in theirs!) and sell it.  If you own fancy stuff, you can borrow against it (home, car, boat, etc.).  - Asset: Your Charm and Winning Smile.  If you have a good, solid business plan (written down and professional looking), ask around and see if you can find an investor.  It could be friends or family, but it could also be someone who is looking to invest.  Be professional, and be sure to draw up the appropriate business docs if you do a partnership or take a private loan.  - Asset: Your Government.  If you live in the US, there are federal programs that offer Small Business Loans.  Check out sba.gov for more info.  You will need a business plan and will have to meet the criteria of the loan or grant.  Not sure if your Ecommerce business will meet the criteria, as the intent of these types of programs are to spur the economy by allowing small business owners to hire workers.  But its worth checking out."}
{"_id": "77122", "title": "", "text": "\"You would, but we are talking retail not manufacturing. If one of the big production lines where I worked broke down for an hour, no problem. In any case we had mechanics on site who could handle a simple breakdown. We would have to rush, but we could make up the production quota. In retail, it is another issue. If you have to say \"\"no burgers\"\" at a fast-food joint for an hour or more, it is more of an issue.\""}
{"_id": "77124", "title": "", "text": "Par value SHOULD mean that they are offering you the options with a strike price (exercise price) that is equivalent to the current valuation of the company.  Note I said SHOULD. As long as you can confirm with HR (or if you're small enough, just ask the CEO) that your grant price is the same as the current valuation of the company's shares, then things are straight.  And while it's very unlikely that someone is doing Something Sneaky, it's always possible.  As a reference, my recent grant letter said:  [Company] (the \u201cCompany\u201d) hereby grants you the following Option to   purchase shares of its common stock (\u201cShares\u201d). The terms and   conditions of this Option are set forth in the Stock Option Agreement   and the [Company] 2013 Stock Incentive Plan (the \u201cPlan\u201d), both of   which are attached to and made a part of this document."}
{"_id": "77127", "title": "", "text": "It's not a betting game, insurance policy is not akin to a casino bet. While the odds are probably low, the damage of an event may be devastating. Insurance allows mitigating that potential devastating damage, if it occurs."}
{"_id": "77128", "title": "", "text": "We have always tried to be reasonable in the pricing of our parts. We also try to keep the catalog pricing and stock availability up-to-date. Sometimes this doesn't work out as well as we would like Henderson Motorcycles. There may, from time to time, be price increases not reflected in the catalog. And as you might expect, sometimes we run out of an original part and we do not have a source for more. The purchase of a large lot of original Henderson spare parts that had been the basis of a thriving motorcycle repair business for our company."}
{"_id": "77129", "title": "", "text": "Honestly, I get the feeling that CS degrees are flooding the market right now, and that Finance has kind of fallen by the wayside, making it a better degree to have.  Of course, this is based purely off hearsay and secondary observation."}
{"_id": "77142", "title": "", "text": "\"#####&amp;#009;  ######&amp;#009;  ####&amp;#009; Section 35. [**European tax avoidance**](https://en.wikipedia.org/wiki/Starbucks#European_tax_avoidance) of article  [**Starbucks**](https://en.wikipedia.org/wiki/Starbucks): [](#sfw)   ---  &gt;In October 2012, Starbucks faced criticism after a [Reuters](https://en.wikipedia.org/wiki/Reuters) investigation found that the company reportedly paid only \u00a38.6 million in [corporation tax](https://en.wikipedia.org/wiki/Corporation_tax) in the UK over 14 years, despite generating over \u00a33 billion in sales\u2014this included no tax payments on \u00a31.3 billion of sales in the three years prior to 2012.   It is alleged that Starbucks was able to do this by charging high licencing fees to the UK branch of the business, allowing them to declare a \u00a333 million loss in 2011.  The UK subsidiary pays [patent fees](https://en.wikipedia.org/wiki/Patent_fee) to the USA subsidiary, purchases coffee beans from the Netherlands subsidiary (where corporation tax is lower than in the UK), and uses the Swiss subsidiary for other \"\"miscellaneous services\"\".  A [YouGov](https://en.wikipedia.org/wiki/YouGov) survey suggested that Starbucks' brand image was substantially weakened by the controversy surrounding how much tax it pays in the UK several weeks after the allegations surfaced.   &gt;  ---  ^Interesting: [^Michael ^Majalahti](https://en.wikipedia.org/wiki/Michael_Majalahti) ^| [^Hear ^Music](https://en.wikipedia.org/wiki/Hear_Music) ^| [^Kara ^Thrace](https://en.wikipedia.org/wiki/Kara_Thrace)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+ck06iea) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+ck06iea)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)\""}
{"_id": "77149", "title": "", "text": "Secular means a long term.  A secular basis is something done on a long term basis while a secular trend is a long term trend. http://financial-dictionary.thefreedictionary.com/Secular"}
{"_id": "77153", "title": "", "text": "Common investment advice recommends paying off all debt before you invest.  This is certainly not debated when the debt is credit card debt or other high interest debt.  Some would argue this doesn't necessarily apply to school debt or mortgage debt, however its not clear what to suggest.  Since any investment you make is unknown whether you will win or lose money, and every debt you have is guaranteed to be a loss via interest, its almost always a good idea to pay off all of your debt first."}
{"_id": "77171", "title": "", "text": "Ugh. Really? I thought this subreddit was smarter than this.   1) You pay taxes on net income, not sales. Expenses are tax deductible.   2) This took place in the UK, which operates on a different set of tax rules than many of us are familiar with.  3) The company still pays other taxes even if they don't pay income tax. In the US, examples would be payroll taxes including the employer portion of things like SS and Medicare, but I'm sure the UK has similar programs funded in a similar manner. To the extent that they own their buildings, they also pay property taxes. They globally source their supplies, which means they also pay import taxes. There are a ton of other taxes that a company pays.  4) Tax laws are complex because business is complex.   Inflammatory headlines like this serve no purpose whatsoever."}
{"_id": "77178", "title": "", "text": "\"The bank \"\"credit's\"\" your account for money coming into it. In double entry accounting, you always have a debit and a credit to balance the accounts. As an Example: for $500 that the bank credited to your checking account, you would post a debit to Cash and a Credit to Income Earned. The accounting equation is: Assets = Liabilities + Owner's Equity                             $500   =                    $500 Cash is the \"\"Asset\"\" side of the equation, Income is part of Owner's Equity, and so is the Credit side... to make the equation balanced.\""}
{"_id": "77194", "title": "", "text": "&gt; You fully support the free market.  Yep  &gt;What the fuck is the point of having a job(s!) which don't support you?  Good question. I wouldn't work one and neither should anybody else. Thats how the market knows to raise wages or automate these jobs  &gt;I support ending corporate welfare.   Hey, we agree on something!  &gt;I think this country has the means to support anyone willing to work as hard as her to make sure she and her kids have the very basics.  Yet you failed to address my point. Ill make it easy for you. Do you think random worker should get more money because they have a kid? What about 2? 5? What if they have the kid after you already hired them for a lower wage?  &gt;Define value for me  usefulness of something. A piece of wood has a low value. A piece of wood I cut straight so its a board and can be used in construction has a higher value. A board in an area with few trees has a higher value. A board that is made from a superior wood has a higher value. The guy that collects wood has a low value. The guy that has the skills / tools to make wood into boards has a higher value. The guy that can transport boards to areas without wood has a value...etc  &gt;Not everyone worships money or the 'free' market.  ok?  &gt;But try and imagine you have her life.  Why? I wouldn't pump out kids when I make min wage. I wouldnt work the same dead end job for ever. I wouldnt make any of these awful choices. And if I did, I would expect anyone to be forced to help me. Charity is a thing, and one Im happy to participate in.  &gt;No life is not fair  She chose this life, whats not fair about consequences?  &gt;slavery wasn't fair  Yes, how does that apply here?  &gt;If you think it's ok for this to be how it is, we have nothing to speak further about.  Again, this is of her making, no one is forcing her to do anything   &gt;no I cannot come up with a number, congratulations.  Right because living wage and other emotionally charged verbiage is nonsensical.  &gt;Also the argument that a teenager doesn't need to be paid a living wage is ridiculous.  why?  &gt;It's the exact argument that's been used to under pay women.  Oh boy, this has be debunked so many times Im sad you still think this is a thing. If women were truly underpaid, why woudnt greedy corps hire only women?  &gt;Maybe empathizing on this scenario is beyond you.  I empathize with someone born with say a disability. You chose to do nothing with your life, no advancement, not trying, then have kids in the middle of this wreck, no you get little sympathy from me on that."}
{"_id": "77201", "title": "", "text": "I think it's messed up, I'm not saying I would run my personal life or my personal business in that way, but yes, within the law, everyone should pretty much do whatever they can to advance their own cause as much as possible. Yes, if we as a society feel that this behavior is not good or beneficial, we should disallow it."}
{"_id": "77207", "title": "", "text": "\"Ah the old \"\"I'm not racist, I have black friends\"\" defense. Cool.   I have heard of guilt by association but it is not at all relevant. A higher percentage of of whites owned slaves than the percentage of Muslims who are radicalized. You're saying that you're guilty of that \"\"by association\"\"? What a stupid thing to say.\""}
{"_id": "77212", "title": "", "text": "\"To be able to truly short something you technically need to be able to borrow the security so you can sell it.  There needs to be a system for borrowing in place to be able to do this which is very robust for large U.S. stocks but doesn't exist for CDOs mainly due to the complex legal structures around them.   However, the word \"\"short\"\" is commonly used in finance to mean profiting from a loss of value of something.  So the use in the movie title, though a bit confusing, was fine. Credit Default Swaps are not technically insurance as you don't need own the thing you are \"\"insuring\"\" (and for a few other reasons).  However, I agree with the movie that thinking of them as insurance is a pretty good way to understand them.  As you are playing a monthly premium to for a contract that pays out when something goes very wrong.   However, the movie was a little fast a loose as CDS of various types were regularly traded well before the bubble even started.  Though maybe not that particular type of CDS.  So while they may have been \"\"expensive\"\" it was the easiest route and reasonable idea.\""}
{"_id": "77214", "title": "", "text": "\"Canada did not introduce income taxes before World War I.  Specifically deficits forced them to in the later part of the war: The Conservatives opposed income tax as they wanted to attract immigrants primarily from the United Kingdom and the United States, as opposed to Eastern Europe, and they wanted to give their preferred choice of newcomers some incentive to come to Canada. Wartime expenses forced the Tories to re-consider their options and in 1917 the wartime government imposed a \"\"temporary\"\" income tax to cover expenses. Despite the new tax the Canadian government ran up considerable debts during the war and were unable to forego income tax revenue after the war ended. With the election of the Mackenzie King-led Liberal government, much of the National Policy was dismantled and income tax has remained in place ever since. So from a Canadian point of view they were introduced as part of the war effort.\""}
{"_id": "77228", "title": "", "text": "Not sure how well it suits your case, but did you consider 'car sharing' yet? If you find someone reliable in your neighbourhood, who only needs the car within the week, it might be possible to divide your park and insurance costs by 2. Another option might be private car rentals (for example from relayrides.com). The prices seem considerably lower than $600/weekend. At least here in Germany this is getting more and more popular, especially in cities."}
{"_id": "77232", "title": "", "text": "Start with the bank where you have your checking and savings account. They can streamline some of the paperwork, because they can see how much you make, and have access to several years worth of bank statement. Legitimate mortgage companies do publish their rates. But there is no guarantee that you will qualify for the best rate without them knowing your credit score, salary, and down payment information.  There is no way to know that you have the best rate because of the time lag involved. You will pick the best one you can work with, but the rates can change every day.  Even when you lock in the rates, other companies can drift lower. Once you have started down the application process you will reach a point where switching companies will cost you time and money. Once you decide to purchase a house, the contract usually only gives you a few weeks to prove that you have financing in place. Therefore you will have to start the process before deciding on the house. Some advance work is needed to give you an idea of the maximum monthly payment you can afford, which will then based on the rate and down payment determine the maximum house you can buy. I have had good luck with my credit union, but there is no guarantee that yours will be competitive. Keep in mind that while rates are very important, some people also value customer service, and also like that the mortgage won't be sold to out of town investors."}
{"_id": "77236", "title": "", "text": "That's true, and I hope they don't stand for it. It's about time we, after 700 years of failure, give up on fractional reserve banking and let the market decide it's own currency.   But the people will only fix it *after* it's broken at this point, and the clear decision is to wait it out in real assets. In which case you avoided exposure to the recession and the crash of the dollar, and increased your wealth by getting out before it broke."}
{"_id": "77238", "title": "", "text": "\"Gimli's Corollary: \"\"People who aren't successful *love* to hear success explained away as luck\"\"  What a waste of time.  Yes, luck *is a factor* in success. And yes, there are people who are where they are solely because of luck. But I'm tired of seeing the hard work, determination, insight, and brilliance that a lot of great people put in to get where they are dismissed as \"\"oh they were just lucky.\"\"\""}
{"_id": "77245", "title": "", "text": "Careful.  I would personally need a LOT more than $5 more per hour to go from W-2 employment to 1099 employment.  It boils down to two reasons: (1) employers pay a huge amount of taxes on behalf of their employees, and (2) you would have to pay all of your own withholding up front. Your current proposal from them doesn't account for that. There are also risks that you face as a 1099.  On the first item, your employer currently pays 6.2% of your Social Security tax. You pay the other 6.2%. If you go to 1099 status, you will be self-employed as an independent contractor and have to pay the full 12.4% out of your increased 1099 wages.  On the second item, your employer also does your withholding out of your paychecks based on what you tell them on a form W-4. If you're disciplined enough to pay this out yourself in estimated taxes every time you get a paycheck, great. Many people aren't and just see a much bigger paycheck with no taxes out of it, and end up with a large tax bill at the end of the year.  Overall, there are some other considerations like healthcare and other benefits. These will not be available to you as a 1099 employee. You can also be terminated spontaneously, unless you have a specific contract length with the company.  As I see it, not including any benefits you would receive, you're looking at LESS money in your pocket at $50/hr as a contractor than at your $48/hr. Your pay net social security deductions is: $48 x 40 hrs x 52 weeks = 99,840 * .938 = 93,649.92. As a 1099 @ $50/hr you would net $50 x 40 hrs x 52 weeks = 104,000 * .876 = 91,104.  Then there are the rest of taxes, etc to figure out your real take-home pay.  I'm not a tax advisor, but I would be very careful to get the whole picture figured out before jumping. I would ask for a lot more with the added risk you would take as an independent, too."}
{"_id": "77248", "title": "", "text": "\"You are right on track with your idea of setting up a separate account for invoiced income. Create a new account with the type other asset and call it \"\"Receivables\"\" (or something similar). Every time you invoice a client, enter a credit to this account with the amount of the invoice. Once the client pays and you deposit a check, enter a transfer from the \"\"Receivables\"\" account to the bank account. EDIT I overlooked that you wish to account for not-yet-invoiced income. I think that's a bad idea. It will become confusing and will give you the false sense that your financial condition is better than it really is. There are plenty of stories about businesses that have stellar sales, but fail because of lack of cash flow (the business' bills become due before it gets paid by its own customers).\""}
{"_id": "77271", "title": "", "text": "I guess it is an effort vs. reward thing then. If you are born into the upper class you can put in 1% of the effort of someone who is lower class and get 10x the reward, including the fact you get to think that your position in the world is based solely on your efforts and nothing else, simply because you are surrounded by privilidged people who are all in the same situation.   If you grew up rich you probably don't even know what work is. Of course everyone thinks nobody knows what hard work is by them. When I was a kid I used to think I knew, then I got to the real world."}
{"_id": "77276", "title": "", "text": "&gt; They already have the benefit of barely paying taxes.  I agree that the poor don't pay a fair share of taxes but that's because they don't get a fair share of income.  As soon as someone with modest skills and a full time job can afford a modest life with health care and retirement, I would support raising their taxes."}
{"_id": "77302", "title": "", "text": "He seems like a bright guy, but let's not forget he doesn't pay enough taxes, and if the government had access to that capital that this guy is clearly withholding by not paying his fair share, they would engage in more productive ventures."}
{"_id": "77304", "title": "", "text": "In general, for a home you live in, there's maintenance, which is just that, you pay to keep your house in good repair.  There's also real improvements. I spend $xxx to turn my poured cement basement into living space. Here, I keep my receipts and the cost (although not my labor) is added to the basis of my home when I sell.  The couple things that may offer a deduction have to do with energy. When I insulated my basement, there was a state tax credit which I got back when I filed taxes. There are also credits for installing solar panels.  What you've described in your question just sounds like one of the small joys of home ownership."}
{"_id": "77312", "title": "", "text": "\"I look ahead for sizes.  I was at the thrift store and saw a good condition, good brand winter coat that will likely fit my daughter next year, so I bought it.  I also bought a snowsuit my baby can wear when he's 6 months (~5 months pregnant now).  When it starts getting cold next fall, I'll be set, rather than wasting time and money running around town trying to find winter gear.  This applies for any regular stores you visit (Costco, thrift stores, kids resale stores, etc): look for clearance/discounted kids clothes in the next few sizes up, even off-season.   This works especially well for basics you need lots of (PJs, socks, etc) and more expensive things where you don't want to be desperate when shopping for them. You're always \"\"buying low.\"\"\""}
{"_id": "77313", "title": "", "text": "Sticking strictly to the money aspects. I am also assuming United States. The lender will need to know before applying for the loan that the property will be a rental, they may even need to know the scope of the number of renters. Insurance. There are two types you will need to include Income taxes.  If you do run a profit you will have taxes. The surprising thing for many first time landlords is that they don't realize that the principal of the loan payment is not considered a deductible expense. Of course there is a benefit to depreciation."}
{"_id": "77325", "title": "", "text": "\"&gt; Being concerned for people isn't naive, it is naive to think slightly above minimum wage retail employees ever had a fighting chance.  &gt; You are naive to think these people ever had a chance to begin with.  &gt; It is naive and gullible to think the Sears' employees ever had a chance.  When did I say they had a fighting chance?  What part of \"\"fucked\"\" leads you to believe that they had a fighting chance?  Surely everything I've said is that they did not, do not and will not have a fighting chance.  If I thought they had a chance I wouldn't be so upset.  To repeat myself yet again - these people are fucked.  All people working in retail are fucked;  and it's very likely that there's going to be a collapse and almost everyone without a specific technical skill that's in demand is going to be fucked.    _All these people are fucked.  They never had a fighting chance.  Things were bad for them when they were working; things are going to be much worse for them now.  And I am sad._  Is this clear to you now?  This is what I've said from the beginning - but somehow simply expressing sympathy for all these people getting fucked is so controversial that people somehow feel compelled to claim that I'm a supporter of exploitative capitalism.  &gt; The good news is a $9/hr job is easier to find than a $100,000/year job. These Sears employees can go work at Khols or Panera Bread for very little loss in income.  Can you give me any evidence of your claim?  There are five job searchers for every open position in the United States.  Businesses are not expanding, why would they be hiring unskilled labor?  They're sitting on large piles of cash, waiting for the recession to end - and if it doesn't, why, they now have a guaranteed pool of labor at near-slavery prices.    Even if we had enlightened businesses, which we do not, the logical thing to do during a recession is not to hire unskilled labor and have them sit around all day, but upgrade the training on your skilled labor force, modernize your infrastructure, streamline your processes, so when the recession lifts you have a modern company that can outcompete others.  Look to Germany for a guide.  The German Model, where businesses, the unions and the government _cooperate_ to keep their companies efficient and their jobs profitable, has _worked_ for two generations.  The fact that they can compete aggressively in the world markets, provide a social safety net for their citizens, while also paying at least part of the costs for the kleptocracies in the EU (we're looking at you, Greece) shows how effective it is.\""}
{"_id": "77349", "title": "", "text": "\"I\"\"m at an incredibly fast growing startup in Austin, TX, [Socialware](http://www.socialware.com)... Seriously, what is this insanity about 100 hour work weeks?  They'd very quickly see diminishing returns if a death march would initiated, followed by a developer revolt.\""}
{"_id": "77352", "title": "", "text": "The best description of P2P lending process I saw comes from the SEC proceedings. They are very careful about naming things that are happening in the process. Prosper got back to business after this order, but the paper describes succinctly how Prosper worked when its notes haven't yet been registered by the SEC. These materials contain a lot of responsible comments on how crowdfunding, including P2P lending, works."}
{"_id": "77361", "title": "", "text": "The article is talking about relative cost. You could use the cash Schiller P/E ratio as a proxy. That's unit of price per unit of earning. The answer to your question is one time in history, during the 2000 dot com bubble. It's higher than 2008 before the downturn. You are paying more for the same earnings. That has nothing to do with the size of the economy and everything to do with interest rates being too low for too long"}
{"_id": "77371", "title": "", "text": "Their product is inferior to competitors now.  They've substituted value, quality and service for marketing.  I stopped going to Mcdonalds because of cold fries, wilted lettuce, and terrible service.  Go to a Burger King and you'll never get soggy fries."}
{"_id": "77373", "title": "", "text": "\"You're confused. This has nothing to do with taxes. It has to do with screwing people out of profit-sharing.  The shell company pays bogus/hyper-inflated fees to the parent company, who pays taxes on them.  That way, the contract with the shell company that says \"\"you get 5% of the profits\"\" now means nothing.\""}
{"_id": "77378", "title": "", "text": "Sure I'll play this silly little game.  &gt;the us gov't was &gt;10x smaller before 1900.  Not specified therefore absolutely meaningless. Ten times smaller how?  By volume?  &gt;but the US had the richest poor,  Again, this is a relative term to which you haven't given any relation.  &gt;you don't know economics.  Not the original poster, but I'm pretty sure everything you know of economics comes from Econ 101, Ayn Rand or both.  &gt;the soviet union had a system where the rich and poor were forced to be relatively equal, but everyone was poor as hell!  I'm not going to spend 10 minutes diagramming this sentence."}
{"_id": "77439", "title": "", "text": "Payday loan usually are the following to deliver speedy economic elimination when you require these essentially the most. Payday loan usually are immediate car loans that must be paid off for the up coming pay day. Consequently, it is very important that you're mindful of if you should employ then when not to ever apply cash advance loans. Cash advance loans on the recommended businesses are exquisite for sudden conditions."}
{"_id": "77440", "title": "", "text": "I seem to remember that put returns are actually way worse than what CAPM would predict based on their negative market correlation. Apparently something about negative skewness, jump risk and/or exposure to change in volatility carrying risk premia of their own.  I'm not an expert, but if one can bear these risks, it may be better to replace some equity exposure with *short* puts rather than buying them. (That's what I'm doing a bit. But not very enthusiastically at the moment, with implied volatilities at such extremely low levels...)"}
{"_id": "77447", "title": "", "text": "I'm amazed anyone is able to airbnb honestly.  I've stayed in about 6 of them, and most neighborhoods and apartment complexes are super butthurt about airbnb, when like half of the people living there are large families or have more people in a unit than an airbnb anyways.  2 people staying in a 3br when 1 or two people stay there normally is no different than 4 people living in the 3br yearround, except that the airbnb example uses less apartment and community resources anyways."}
{"_id": "77488", "title": "", "text": "If the firm treats you as an employee then they are treated as having a place of business in the UK and therefore are obliged to operate PAYE on your behalf - this rule has applied to EU States since 2010 and the non-EU EEA members, including Switzerland, since 2012. If you are not an employee then your main options are: An umbrella company would basically bill the client on your behalf and pay you net of taxes and NI.  You potentially take home a bit less than you would being 100% independent but it's a lot less hassle and potentially makes sense for a small contract."}
{"_id": "77491", "title": "", "text": "This answer is based to the book Fundamentals and Techniques of Financial Management and where you can found the explanation of Value of Money in Time.  Referencies: Braga, Roberto, 1937 - Fundamentos e T\u00e9cnicas de administra\u00e7\u00e3o financeira/Roberto Braga.- 1.ed - 23.reimpr. -S\u00e3o Paulo : Atlas, 2015. In the Financial Math deals with:  Currency - Corresponding to payments and / or receipts of a transaction Time - Regarding the period between the date of the operation and the periods in which payments or receipts should occur Interest - Regarding the remuneration due for the use of the money during the term of the operation. is very interesting to buy this book --- http://p.pw/baj8W6 --- or searching in LojasMarques.com"}
{"_id": "77494", "title": "", "text": "\"Most of our cards (except for debit ones) still have raised numbers, because you can't stop business for silly things like power outages! You just haul out the old-school \"\"kachunk\"\" machines and take the cards that way.  Who cares about security? That gets in the way of profit.\""}
{"_id": "77497", "title": "", "text": "What's really worrisome is that people are buying larger and more expensive vehicles. People look at longer terms as an opportunity to buy something they really shouldn't be since hey, I can take it for two more years for the same payment."}
{"_id": "77502", "title": "", "text": "Most free stock screeners for UK stocks, even those mentioned above, are very poor and not worth the effort really, and searching for stock screeners on a search engine will only bring up stock screeners for USA stocks. The best free UK stock screener (registration is required although this is FREE) is without any doubt on www.digitallook.com who also provide many other features like five year fundamentals, charts, prospects, etc, which can easily be downloaded onto a spreadsheet. I really wouldn't look elsewhere to be honest unless you are prepared to pay."}
{"_id": "77503", "title": "", "text": "You can look at the company separately from the ownership. The company needs money that it doesn't have, therefore it needs to borrow money from somewhere or go bankrupt.  And if they can't get money from their bank, then they can of course ask people related to the company, like the two shareholders, for a loan. It's a loan, like every other loan, that needs to be repaid. How big the loan is doesn't depend on the ownership, but on how much money each one is willing and capable of giving. The loan doesn't give them any rights in the company, except the right to get their money back with interest in the future.  Alternatively, such a company might have 200 shares, and might have given 75 to one owner and 25 to the other owner, keeping 100 shares back. In that case, the shareholders can decide to sell some of these 100 shares. I might buy 10 shares for $1,000 each, so the company has now $10,000 cash, and I have some ownership of the company (about 9.09%, and the 75% and 25% shares have gone down, because now they own 75 out of 110 or 25 out of 110 shares). I won't get the $10,000 back, ever; it's not a loan but the purchase of part of the company."}
{"_id": "77506", "title": "", "text": ". Implementing latest principle that will keep simple and stupid, the target ad will be blustering with responses from the audience. Such responses show the business dominance in market.  So following such successful advertisiments will surely make your position on top."}
{"_id": "77531", "title": "", "text": "Yeah, this is either fake news, or the whole story isn't being told. But who knows, because it's the Washitpost, who don't allow adblocker users to view pages.  The only reason workers would turn down higher wages if if tipping were banned. And at any restaurant with decent wages, tipping MUST be banned by management, with prominent signs telling customers NOT to tip - even a dollar."}
{"_id": "77550", "title": "", "text": "\"To first understand exactly how collection agencies work it is important to know the background of the industry. The industry started shortly after the great depression. consumers were no longer able to pay for their accounts and companies did not know how to collect. As far-fetched as it seems one of the booming industries was the mafia. Pa and ma shops were paying for protection; some because they were not given a choice.  Since the \"\"protection\"\" industry was doing well some of the \"\"employees\"\" (for lack of better terms) had the idea of collecting debt from the companies that were not getting paid. Sears, Macy's and several other creditors decided to sell the unpaid debt to these collectors. Remember, during this era there was no FDCPA to protect consumers. The FDCPA was actually created because the mafia collectors were going door to door to collect and they were not nice about it.  In the meantime there was another industry (for lack of better words)   rapidly expanding around the eastern part of the U.S. - none other   than the mafia. Did the Godfather go and introduce himself and make a   sales pitch to Sears offering to collect monies due to them? Not   hardly. But as with any business, ideas were made and created that   spurred from the main ideology of the original business. Associates of   the mafia marketed to the stores such as Sears and offered to collect   the past due debt. The big sell on this.. creditors did not have to   pay for the services - the customer did. Originally this \u201cprotection\u201d   industry was all about protecting the small ma and pop shops for a fee   but this time ma and pa did not have to pay - the debtor did. The idea   of collecting  past due debts spread like wildfire. It was easy money   and there was nothing illegal about it. The actual idea behind   collecting past due debt from creditors was genius. It was a legit,   collectable debt\u2026 for a price. This is why and how the FDCPA was created. So when you deal with a third party collection agency you need to know that you are dealing with the dirtiest of dirtiest people. The people that are hired as debt collectors are your typical ex-felons. There is a reason for this. The good news is now there are laws put into place to protect your rights and your safety.  Agencies purchase what is called \"\"paper\"\". There is \"\"good\"\" and \"\"bad\"\" paper. Good paper are accounts just sold from the original creditor. This includes all good information on the debtor such as phone number, address etc. Sometimes the debt is collected and sometimes not. Either way it is common for a collection agency to resell the paper to another collection agency. This is called 3rd placement.\""}
{"_id": "77560", "title": "", "text": "\"I don't ascribe your \"\"success\"\" to luck at all.  To me it sounds like your workaholism has deprived you of your mental health and it will increasingly affect your physical health as you go through your 20s and into your 30s.  You're not successful, you're sick.\""}
{"_id": "77564", "title": "", "text": "You cannot transfer money to a credit card account. You can transfer balances, or pay off the card with money from a bank account. Even if you could transfer money to a credit card, there's no way to do it without the credit card number.  As Pete B. pointed out, this does sound like fraud."}
{"_id": "77567", "title": "", "text": "I learned most of this stuff from 3 textbooks in school probably totaling $900 between the 3. I imagine you don't want to spend the cash on that. I would suggest finding a source online. A lot of the surface level stuff you are looking for can be found online on websites like Investopedia. They are a great resource and are free usually."}
{"_id": "77570", "title": "", "text": "First of all, a person that relies on their ability to tap a line of credit to cover an emergency isn't generally the kind of person that has investments they can cash out to cover the debt. That being said, my personal reasons for having a liquid emergency fund revolve around bank errors and identify theft. I used to work for a company that made bank software. Errors are a common occurrence. You'd be surprised how many transactions are still input by human hands despite our computerized world. All it takes is one typo to wipe out your ability to swipe plastic for a few days. This has actually happened to me. My utility company sent me a bill for $240 and wound up taking $2400 by accident, overdrawing my account and sending me into a fee spiral. They fixed their mistake... several days later. The snowball of fees from other transactions that bounced took another two months to correct. In the meantime, I also had my mortgage payment due. In the US, you can't pay your mortgage with credit, and for those who rent, many landlords won't let you pay with credit either. I have also seen this scenario play out twice with other people I've known who've had their ID stolen. Yes, the bank will cover the fraud after a lengthy process. But the disruption causes fees and overdrafts to quickly snowball out of control. I have a separate savings account at a different bank for this kind of thing, and I have a few hundred dollars cash in my house at all times. Having a liquid emergency fund allows you to quickly stabilize the situation and gives you walking around money for those times where the banking system becomes your enemy for a time."}
{"_id": "77573", "title": "", "text": "The key word you forgot to include from Slide 29 is: Free-Riding Investopedia defines free-riding as: In the context of a brokerage firm, a free rider problem refers to a situation where a client has been allowed to purchase shares without actually paying for them, and then subsequently sells the shares (ideally for profit). The problem with this scenario is that the client, if allowed to free ride, can profit from a stock trade without actually using any of his or her own capital. This is illegal. I have not heard of any issues with this type of action being a problem with trading accounts in Australia, nor have I been able to find any such rules on the ASX website or any of by brokers websites. So I think this may be an issue in the USA but not Australia. You should check the rules in any other countries you wish to trade in."}
{"_id": "77586", "title": "", "text": "It is interesting to consider the Netherlands which is part of the Euro zone. Germany uses 1 and 2 cent coins. Adjacent is the Netherlands where items remain priced to the cent but cash totals are rounded to the nearest 5c so 1 and 2c coins are out of circulation."}
{"_id": "77596", "title": "", "text": "From you question I understand that you are not an Indian citizen, are staying in India, and transferring your funds for your living / expenses in India. There is no limit on such transfers and the amount is not taxed.   The tax comes into picture if you are treated as a resident in India from a tax perspective. Even then the tax is not because you have transferred the funds into India, but the policy of taxing global income. The article at http://www.pwc.in/en_IN/in/assets/pdfs/foreign-nationals-working-in-india.pdf should give you more inputs."}
{"_id": "77618", "title": "", "text": "\"Believe it or not, unless you directly contact an accountant with experience in this field or a lawyer, you may have a tough time getting a direct answer from a reputable source.  The reason is two fold.  First, legally defining in-game assets is exceptionally difficult from a legal/taxation stand point.  Who really owns this data?  You or the company that has built the MMO and manages the servers containing all of the data? You can buy-and-sell what is effectively \"\"data\"\" on their servers but the truth is, they own the code, the servers, the data, your access rights, etc. and at any point in time could terminate everything within their systems.  This would render the value of your accounts worthless! As such, most countries have overwhelmingly avoided the taxation of in-game \"\"inventory\"\" because it's not really definable.  Instead, in game goods are only taxed when they are exchanged for local currency.  This is considered a general sale.  There may be tax codes in your region for the sale of \"\"digital goods\"\".  Otherwise, it should be taxed as sale a standard good with no special stipulations. The bottom line is that you shouldn't expect to find much reliable information on this topic, on the internet.  Law's haven't been welled defined, regarding in-game content worth and taxing of sales and if you want to know how you should pay your taxes on these transactions, you need to talk to a good accountant, a lawyer or both.\""}
{"_id": "77631", "title": "", "text": "\"Usually the big institution that \"\"floats\"\" the stock on the market is the one to offer it to you. The IPO company doesn't sell the stock itself, the big investment bank does it for them. IPO's shareholders/employees are generally not allowed to sell their shares at the IPO until some time passes. Then you usually see the sleuth of selling.\""}
{"_id": "77636", "title": "", "text": "Instagram becomes the most attractive or prominent social network in the universe. Many business owners use Instagram to use advertising opportunities that companies can use Facebook's laser address options. Companies are trying to make their impact on Instagram to generate a new account that is famous from the start. It is difficult to criticize them. Therefore, many people always find ways to buy Active Instagram Cheap Follower, and the demand will never settle down. People want to see or advertise a profile that looks and feels prominent or famous, but they do not want to spend a lot of money on it."}
{"_id": "77652", "title": "", "text": "\"The markets are not as information efficient as some might have you believe. But on the contrary, looking up what the aggregate professional analysts have said is also part of \"\"doing your homework\"\"\""}
{"_id": "77658", "title": "", "text": "\"I think the real problem here is dealing with the variable income. The envelope solution suggests the problem is that your brother doesn't have the discipline to avoid spending all his money immediately, but maybe that's not it. Maybe he could regulate his expenses just fine, but with such a variable income, he can't settle into a \"\"normal\"\" spending pattern. Without any savings, any budget would have to be based on the worst possible income for a month. This isn't a great: it means a poor quality of life. And what do you do with the extra money in the better-than-worst months? While it's easy to say \"\"plan for the worst, then when it's better, save that money\"\", that's just not going to happen. No one will want to live at their worst-case standard of living all the time. Someone would have to be a real miser to have the discipline to not use that extra money for something. You can say to save it for emergencies or unexpected events, but there's always a way to rationalize spending it. \"\"I'm a musician, so this new guitar is a necessary business expense!\"\" Or maybe the car is broken. Surely this is a necessary expense! But, do you buy a $1000 car or a $20000 car? There's always a way to rationalize what's necessary, but it doesn't change financial reality. With a highly variable income, he will need some cash saved up to fill in the bad months, which is replenished in the good months. For success, you need a reasonable plan for making that happen: one that includes provisions for spending it other than \"\"please try not to spend it\"\". I would suggest tracking income accurately for several months. Then you will have a real number (not a guess) of what an average month is. Then, you can budget on that. You will also have real numbers that allow you to calculate how long the bad stretches are, and thus determine how much cash reserve is necessary to make the odds of going broke in a bad period unlikely. Having that, you can make a budget based on average income, which should have some allowance for enjoying life. Of course initially the cash reserve doesn't exist, but knowing exactly what will happen when it does provides a good motivation for building the reserve rather than spending it today. Knowing that the budget includes rules for spending the reserves reduces the incentive to cheat. Of course, the eventual budget should also include provisions for long term savings for retirement, medical expenses, car maintenance, etc. You can do the envelope thing if that's helpful. The point here is to solve the problem of the variable income, so you can have an average income that doesn't result in a budget that delivers a soul crushing decrease in quality of living.\""}
{"_id": "77668", "title": "", "text": "But there is a number one here, the Community Reinvestment Act which made it too easy for unqualified people to get home loans, pushed by Bill Clinton, who i strongly supported during his presidency.   I clearly remember thinking 'the economy will boom for a few years, but this can't end well'."}
{"_id": "77670", "title": "", "text": "I'd suggest you contact the Office of the Controller of Currency, who regulates BOA and file a complaint. This whole deal seems shady.  According to the OCC FAQ, the fact that they closed the account is in their prerogative. However, I would think they are obligated to quickly return your funds, but can't find anything specific to that. The banks are very sensitive to having complaints filed against them, so if nothing else this may encourage them to be more helpful, even if your complaint isn't actionable. OCC Complaint Process. This topic on how long a bank can hold a large deposit before making funds available may also be helpful."}
{"_id": "77685", "title": "", "text": "Our organisation is well connected with various invigilators, British council data base managers and test centers, which enables us to register your scores in any ielts center around the world . All our certificates are original and British Council certified. If you want to make an inquiry please use below details to contact us."}
{"_id": "77687", "title": "", "text": "The 20x number is drawn directly from the assumption that it should be easy to get more than 4% average return on investment. After lots of historical studies,  Monte Carlo simulations, and the like there was a consensus that saving more didn't significantly increase the odds of achieving at least the desired yearly income sustainably. (That's the same calculations the insurance firms use as the starting point for writing annuities.) There are also some assumptions about inflation and its interaction with the market built into this rule-of-thumb. Note that this is 20x what you want as post-retirement income, not necessarily 20x your current income. I have a moderately frugal lifestyle, And my budget confirms that my actual spending -- even in years when I allow myself a splurge -- is well below my current income, with the excess going into the investments. To sustain my lifestyle, I need that lower number plus any taxes that'll be due on it plus whatever I want to allocate as average emergency reserve... and theoretically I should be able to base the 20x on that lower number. When I run estimates (Quicken has a tool for this, so does my credit union, I  presume others are widely available), they tend to confirm this. I'm still using the higher number for planning, though. I don't feel any need to retire early (though I have issues with my current manager), and I have no objection at all to being able to afford better toys on occasion. Or to leaving a legacy to friends, relatives, and/or charity. But it's nice to know exactly when I could punt the day job if I wanted to."}
{"_id": "77697", "title": "", "text": "Makes sense so long as you can afford it while still maintaining at least six months living reserves. The sooner you own outright a decreasing asset the better which should be considered when selecting your loan term. However, with today's low rates and high performing stock market you may want to consider allowing that money to be put to better use. It all depends how risk adverse you are. That emotional aide of this decision and emotions have value, but only you can determine what that value is. So - generally speaking, the sooner you own an asset of decreasing value the better off you are, but in exceptionally low interest rate environments such as today there are, as mentioned, other things you may want to consider. Good luck and enjoy your new ride. Nothing better then some brand new wheels aye."}
{"_id": "77733", "title": "", "text": "I won't be finalized with my thesis until Spring so I'm afraid all I could do was mention it with my research interests, but my director said my work so far has publication potential.   He also said applying to Berkeley wouldn't be outrageous, our program has decent placements in econ programs, but he's not in finance and our school doesn't have a finance department so I'm not too sure how much credit to give that endorsement.   By flagship I mean the states primary public university, University of Washington, Ohio State, etc.   Thanks for the advice."}
{"_id": "77766", "title": "", "text": "You can't defer reporting of the RRSP purchases.  The financial institution will report those purchases to CRA, and the CRA expects to see you report those purchases on your return.  If they don't match, expect to be audited and to pay penalties.  However, you can defer the tax deduction of those purchases until later years. That means you but you must have the RRSP contribution room available in the year you make the purchase.  So if you have $50 000 of contribution room, you can contribute $50 000 all at once and deduct $16 667 in the next 3 years.  However, if you only have $20 000 of contribution room, CRA will make your life very unhappy if you contribute $50 000 all at once.  In that case, your best bet is to contribute enough to use all your contribution room and repeat each year as you get more contribution room. Also, you have a $2000 lifetime overcontribution limit.  That means whatever contribution room you have, you can contribute $2000 more.  But you won't be able to deduct that amount, and you don't get more overcontribution space each year."}
{"_id": "77771", "title": "", "text": "There's no downplaying the importance of something as simple as that.  But I think that Future covers it:  &gt; Employees care about your business\u2026 but only when you prove you care about them first.  Managers have the most immediate influence over the comfort of their employees while on the job. Comfortable office furniture, equipment that doesn't suck, amenities to make being at work more of a pleasure - all means of showing employees they're treated as valuable professionals."}
{"_id": "77774", "title": "", "text": "This is a remarkable limit that most business telephones are outfitted with. It fills in the head or colleague. Already, just huge associations may make sense of how to keep running with this limit subsequently of its high cost."}
{"_id": "77781", "title": "", "text": "The offset account is the way to go. The rate is higher and even if interest rates fall further when you go to renew your term deposit the interest rate for that will be lower as well. Also, with a term deposit you will be penalised if you take the money out before the end of the term. Regarding tax, you will pay tax at your marginal tax rate on every dollar earned from the Term deposit ( as long as your income is above the $18,000 tax free threshold). If the mortgage is for your primary residence then you will not pay any tax on the money in your Offset Account, as you are not earning any interest in this account you are saving interest on your mortgage. So definitely the way to go would be with the offset account, you'll get an effective higher interest rate, it will help you pay off your mortgage sooner, the money is always on call, and you will pay no tax."}
{"_id": "77792", "title": "", "text": "And that's fine, it's THEIR network that may or may not provide Internet access, they can do what they want with your data (redirect requests or block certain access) while you're using it just as landowners can tell you where you can go and what you can do on their land. Sure, it's shitty, but it's their right to be shitty about it.  If you don't want to be subject to that, don't connect to their WiFi network."}
{"_id": "77802", "title": "", "text": "That\u2019s how sellers sell their home fast. It provides extensive listing exposure because hundreds of thousands visit the military rental homes every day. In fact, it is one of the top 25 most visited real estate homes in the U.S. getting millions of visitors looking to buy or sell a military home every month."}
{"_id": "77818", "title": "", "text": "If the organization is a non-profit. You can search by EIN on Charity Navigator's website FOR FREE. https://www.charitynavigator.org/"}
{"_id": "77859", "title": "", "text": "Just 30 years ago China was at a level that is now found in countries of Africa. They have been progressing faster than any country that went from deep poverty to a modern economy.  Of course, they are still a couple of decades away from being at the level of Western Europe and the US, but the gap is closing fast."}
{"_id": "77877", "title": "", "text": "\"but simple economics also proves that if you have no savings (most millennials do not these days at least in Canada) and you have no income, then you have no entertainment or more importantly no shelter and food. I would understand taking a cashier job instead of store manager job because of the fewer hours and responsibility, but does \"\"no income\"\" not mean you go hungry? If that is true, where are they getting their food from?\""}
{"_id": "77905", "title": "", "text": "The cable companies know that this will only last a few more years. Pretty soon everyone alive will have grown up in an age where if they wanted to watch something, and they couldn't pay for it they just watched it anyway."}
{"_id": "77930", "title": "", "text": "\"&gt;Wait until you read about someone mentioning one of the main reasons main street took those losses was because of the municipalities, state, and federal pensions invested into those CDSs.   Credit Default Swaps were the \"\"insurance\"\" scams, that's different.  Municipalities purchased CDOs and not CDS'es.  Someone correct me if I am wrong.  The CDS's were also a problem, but of a different sort.  CDS allowed people to take out insurance on a competing product.  Imagine me taking out a fire insurance on your house.  Things like that.  CDO = Collaterized Debt Obligation (this is the paper which represents hundreds of mortgage slices mixed and matched by some bullshit software algorithm that promised to predict risk accurately)  CDS = Credit Default Swap (this is an \"\"insurance\"\" paper which is not regulated like all the other normal and legitimate insurance, that insures the CDO garbage above... so if your, or even your competitor's CDO goes into the shitter, you can collect on your CDS bullshit; so the CDS was supposed to be a hedge against the CDO failure)\""}
{"_id": "77932", "title": "", "text": "As a San Franciscan that takes public transit to work every day, I can vouch for the fierce opposition against further development. There are still plenty of cars around, mind you, but I know I'm not the only one who would rather leave my ride at home."}
{"_id": "77935", "title": "", "text": "\"Its the economics subreddit. People post here to talk about economics. I assume people here have attention spans long enough to read a few paragraphs.  I can understand your issue with principal. I understand people who will willingly take a worse system that costs more just to fuck over a drug addict. I'm not one of them.  Personally, I would pay zero dollars extra to fuck over drug addicts and I have no desire to have worse quality care so drug addicts can be denied care.  I want the system that is a good balance between cost and quality. Sure, the trade off of paying \"\"less for better\"\" is when everyone else is covered, there will be people who I don't like, and who made poor choices that will also get that coverage. I suppose one could make a single payer system that also doesn't cover drug addicts. Maybe that would be ideal for you. However, studies also find that paying for these drug addicts/lazy assholes also saves money in the long run. I assume you don't want to explore the theories as to why statistically this is the case because you know.....TL DR.  I'm sorry you don't like the ideas. Don't worry about ideas. Worry about facts and reality. Base what you \"\"agree with\"\" on reality. I'm going to go out on a limb, I think if you thought about it, saving yourself and your family money for better treatment will rank higher than the principal of denying treatment to those who you don't like.    Once you establish what you value, abandon ideology. See what works best with what you value and go from there. I would make a guess that one of the reasons Americans are absolutely ripped off when it comes to medical costs is because people don't agree with \"\"ideas\"\".\""}
{"_id": "77939", "title": "", "text": "Two adages come to mind. Never finance a depreciating asset. If you can't pay cash for a car, you can't afford it. If you decide you can finance at a low rate and invest at a higher one, you're leveraging your capital.  The risk here is that your investment drops in value, or your cash flow stops and you are unable to continue payments and have to sell the car, or surrender it. There are fewer risks if you buy the car outright.  There is one cost that is not considered though.  Opportunity cost.   Since you've declared transportation necessary, I'd say that opportunity cost is worth the lower risk, assuming you have enough cash left after buying a car to fund your emergency fund. Which brings me to my final point.  Be sure to buy a quality used car, not a new one.  Your emergency fund should be able to replace the car completely, in the case of a total loss where you are at fault and the loss is not covered by insurance. TLDR: My opinion is that it would be better to pay for a quality, efficient, basic transportation car up front than to take on a debt."}
{"_id": "77963", "title": "", "text": "In order to calculate the ratio you are looking for, just divide total debt by the market capitalization of the stock. Both values can be found on the link you provided. The market capitalization is the market value of equity."}
{"_id": "77972", "title": "", "text": "Tax concerns aside, there are managerial pros and cons for internal billing.  For cost control purposes it's common to break individual business activities into divisions/sections which have a P&amp;L or are cost centers. At that point, if you know (for example) that your quality control inspections cost on average 1% of your product cost then one might bill internally for use of this cost center.  One argument for doing this is it makes those who are billed more cautious about using internal resources as there's a direct cost allocation. It also benchmarks that resource against outsourcing- for example it may be significantly cheaper to use an external resource. There can therefore be a 'healthy tension' between the cost center and user which in theory results in pressure for the cost center to improve efficiency.   In practice I've found there are some significant cons. First issue is with cost allocation. The cost center in an attempt to make their service appear more efficient will battle to get minimal overhead costs allocated to them, creating friction between departments. Second and I think a major issue is a blanket cost for use of a service invariably winds up with a lot of exceptions. In the previous example there may be some very large programs where a 1% inspection fee winds up with a huge sum of money, one that the product team may argue unfairly reduces their net income and therefore compensation. Then there's the administrative cost of what essentially is passing money from the left hand to the right even if just on paper. Third issue is with some activities you might not want to provide a disincentive for people to use the service- for example charging a product team for quality assurance may result in skipped QA processes for the benefit of cost savings.  What I've found works better is creation of cost centers with management of those centers. This is common in companies that have a matrix organizational structure. Using the same example again, QA costs are broken out and completely separated from other areas and QA management is benchmarked independently."}
{"_id": "77982", "title": "", "text": "There's no demand? Of course there's demand, demand is infinite in the sense that everyone wants things to make their lives better. Sure, maybe there are some people that have maxed out their credit and physically can't buy any more stuff, but they still need to buy food/clothes/housing. The problem is not a demand problem, it is a supply side problem. Central banks have over levered the system to a point where investors and entrepreneurs do not know what the govt is going to do next to try to fix it. Is there a huge tax increase on the horizon? Is more reactionary legislation going to be passed? Many established businesses have a hard enough time keeping up with the regulations that are already on the books, and in many industries such as the financial industry, it is physically impossible to get through an audit without paying fines for doing something wrong, because no one can follow every single rule theyve written. So yes, the regulatory environment is far more uncertain than it was even a decade ago, let alone 30 or 40 years ago."}
{"_id": "77987", "title": "", "text": "It misses :-  [My Hero](http://www.imdb.com/title/tt0233084/) , [The Goodies](http://www.imdb.com/title/tt0065296/) , [Monty Python's Flying Circus](http://www.imdb.com/title/tt0063929/) - understandably .  The [Carry On](http://www.imdb.com/keyword/carry-on/) series - eg. [Carry On Up the Khyber](http://www.imdb.com/title/tt0062782/) . [Bless This House](http://www.imdb.com/title/tt0066633/) . [George and Mildred](http://www.imdb.com/title/tt0073995/) . [Man about the House](http://www.imdb.com/title/tt0069607/) .  and stand up's :-  [The Morecambe &amp; Wise Show](http://www.imdb.com/title/tt0063930/) , [The Two Ronnies](http://www.imdb.com/title/tt0066721/) , [Alas Smith &amp; Jones](http://www.imdb.com/title/tt0088475/) , [The Dave Allen Show](http://www.imdb.com/title/tt0131162/) ."}
{"_id": "77990", "title": "", "text": "Is it right that I request form W-9 or form W-8BEN (for non U.S.   citizens) from the affiliate users before sending them payments? Not just OK. Required. I know that I have to send form 1099, but I don't know where does this   form should go to. Should I send it to the IRS or the affiliate user   or both? Both. There's also form 1096 that you need to send to the IRS.  Read the instructions. Should I send form 1099 once a year or each time I make a payment to   the affiliate? Once a year. Read the instructions. Do I have to send form 1099 when the money earned by the affiliate hit   a certain threshold or I have to send it anyway? $600 or more requires the form, but you can send for any amount. Read the instructions. Is there any other forms or documents to request from or send to the   affiliate user or the IRS? There may be additional forms. Especially if the recipient is a foreign person and you withhold taxes. Talk to your tax adviser."}
{"_id": "77992", "title": "", "text": "Indeed. So goes the theory that redistribution would lead to inflation (or run away inflation). But isn't that exactly what The Fed is trying to do? It could also or alternatively indicate that assets are way overvalued which would also be a bad situation. Which is it?"}
{"_id": "78000", "title": "", "text": "Unless it is in the contract that you must replace it then this should be replaced by your insurance. They sent you a box that was defective, consumer grade electronics are designed for at least 85 deg C (185F) and unless they can prove your car was hotter than that they sent you a defective unit.  That being said, I do not think it would be worth suing them for that low amount, I would suggest you get a new insurance company. The current company clearly values your business less than 185 pounds(?) and this issue will happen multiple times since the company has no incentive to buy better products if customers keep footing the bill."}
{"_id": "78029", "title": "", "text": "For a long time, I thought that all the nice things that I live with I could only have because other people somewhere in the world went with less. That I had a nice life only because through magical economy and forced servitude, someone else had a bad life. Then I heard the parable of specialization.  There are 3 people. Alice is a farmer, Bob is a farmer, and Charlie is a candlestick maker. Every person needs to eat 1 potato and 1 egg every day to live. There is no money.  Alice has always had a knack for making eggs, and trained herself to become even better. Bob has a nice field with fertile soil, and so is quite good at making potatoes. Alice spends her morning making 2 eggs, and her afternoon making 1 potato, while Bob uses his morning to make 1 egg, and his afternoon to make 2 potatoes.  In the evening, Alice brings her 1 extra egg to Charlie, trades it for a 1-hour candle, goes back home to eat her 1 egg and 1 potato, and read her book for an hour before going to bed. Bob does the same thing, except he trades his 1 extra potato for a 1-hour candle. Charlie can make 1 1-hour candle in the morning, and 1 1-hour candle in the afternoon. He eats the 1 egg and 1 potato he got, and goes to bed.  One day, Alice and Bob meet at their fence, and talk about the books they're reading and how they can only read for 1 hour each night, and how much food they each produce. Then they get an idea and agree on a new plan.  Now, Alice spends her morning making 2 eggs, and her afternoon making 2 eggs, for a total of 4 eggs every day. Bob starts making potatoes only, and makes 4 every day. At the end of the day, Alice gives Bob 1 egg, in exchange for 1 potato. Alice then brings her 2 extra eggs to Charlie, and Bob brings his extra 2 potatoes. Charlie now starts getting 2 eggs and 2 potatoes every day. So he gets a lovely wife, Daniel, from the next county over, and trains her to make 1-hour candles. She's just as good as Charlie, and makes 2 per day.  So now, Alice gets 2 1-hour candles for her 2 extra eggs, and reads for 2 hours every night before bed. She's happy. Bob also gets 2 1-hour candles for his 2 extra potatoes, and reads for 2 hours before bed. He's also happy. Charlie uses the 2 eggs and 2 potatoes he gets to feed himself and Daniel every day, and Charlie and Daniel play in bed every night. Charlie and Daniel are happy.  And so, because of specialization, we start with 3 unhappy people, and end with 4 happy people and 0 unhappy people. Good lives can be gotten without making other people suffer."}
{"_id": "78053", "title": "", "text": "\"Joke warning: These days, it seems that rogue trading programs are the big market makers (this concludes the joke) Historically, exchange members were market makers. One or more members guaranteed a market in a particular stock, and would buy whatever you wanted to sell (or vice-versa). In a balanced market -- one where there were an equal number of buyers and sellers -- the spread was indeed profit for them. To make this work, market makers need an enormous amount of liquidity (ability to hold an inventory of stocks) to deal with temporary imbalances. And a day like October 29, 1929, can make that liquidity evaporate. I say \"\"historically,\"\" because I don't think that any stock market works this way today (I was discussing this very topic with a colleague last week, went to Wikipedia to look at the structure of the NYSE, and saw no mention of exchange members as market makers -- in fact, it appears that the NYSE is no longer a member-based exchange). Instead, today most (all?) trading happens on \"\"electronic crossing networks,\"\" where the spread is simply the difference between the highest bid and lowest ask. In a liquid stock, there will be hundreds if not thousands of orders clustered around the \"\"current\"\" price, usually diverging by fractions of a cent. In an illiquid stock, there may be a spread, but eventually one bid will move up or one ask will move down (or new bids will come in). You could claim that an entity with a large block of stock to move takes the role of market maker, but it doesn't have the same meaning as an exchange market maker. Since there's no entity between the bidder and asker, there's no profit in the spread, just a fee taken  by the ECN. Edit: I think you have a misconception of what the \"\"spread\"\" is. It's simply the difference between the highest bid and the lowest offer. At the instant a trade takes place, the spread is 0: the highest bid equals the lowest offer, and the bidder and seller exchange shares for money. As soon as that trade is completed, the spread re-appears. The only way that a trade happens is if buyer and seller agree on price. The traditional market maker is simply an entity that has the ability to buy or sell an effectively unlimited number of shares. However, if the market maker sets a price and there are no buyers, then no trade takes place. And if there's another entity willing to sell shares below the market maker's price, then the buyers will go to that entity unless the market's rules forbid it.\""}
{"_id": "78072", "title": "", "text": "VXX VZX XVIZ and there are plenty others correlated to market volatility if you want the wildest hedge, use VXX, it is also the most liquid"}
{"_id": "78086", "title": "", "text": "Whether your card will work, I believe, depends on the institution that issued it. You'll just have to try. What I can tell you, is that the process of using a debit card or credit card in the US is fairly straight forward. If your card has a chip, you'll 'insert' your card, chip end first, into the bottom slot of the reader, assuming the reader has one. This technology is still being distributed / accepted, so you may encounter some areas where they don't have this, or they have an insert or sign that says something along the lines of 'No chip reader / swipe instead'. If your card doesn't have a chip, which looks like the bottom end of a cellular phone's SIM card, you just swipe your card in the reader. There will / may be on-screen prompts, which will explain any additional input necessary from you. Depending on how they 'process' your card - As a debit card or credit card (They can 'process' a debit card as if it's a standard credit card), you may or may not be asked to enter your debit card's PIN. If they process it as debit, you'll have to enter your PIN. If they process it as if it were a credit card, it will still go through but you'll be asked to sign the receipt.  IMPORTANT FOR YOU TO NOTE: You need to find out whether your card issuer will charge you foreign transaction fees when you use your Indian debit card in the US.  Is the card carrying a different currency than the US?"}
{"_id": "78113", "title": "", "text": "No, they aren't. So the fact they are willing to essentially take bribes is worse than Comcast. Comcast has 1 goal: to make money. They are doing that very well, can't blame them there.  The government has one goal: run the country as effectively as possible. They are sacrificing that goal for money. That's worse."}
{"_id": "78117", "title": "", "text": "The company I work with uses Intuit QuickBooks Online and have had zero problems with it. The functionality is effective and it fits the size of our company as well. (Not huge, but I wouldn't consider it a 'small business') Also, you can try a 30 day free trial. QuickBooks Simple Start focuses on small business accounting, so for this reason it has a cleaner interface and is simple to use. QuickBooks Simple Start compared to Quicken Home This article doesn't exactly have a bright light shining on Quickbooks, but I think it's fair to show you other alternatives: http://www.pcmag.com/article2/0,2817,2382514,00.asp [Note that it is from 2011]"}
{"_id": "78138", "title": "", "text": "\"It depends on many factors, but generally, the bid/ask spread will give you an idea. There are typically two ways to buy (or sell) a security: With a limit order, you would place a buy for 100 shares at $30-. Then it's easy, in the worst case you will get your 100 shares at $30 each exactly. You may get lucky and have the price fall, then you will pay less than $30. Of course if the price immediately goes up to say $35, nobody will sell at the $30 you want, so your broker will happily sit on his hands and rake in the commission while waiting on what is now a hail Mary ask. With a market order, you have the problem you mention: The ticker says $30, but say after you buy the first 5 shares at $30 the price shoots up and the rest are $32 each - you have now paid on average $31.9 per share. This could happen because there is a limit order for 5 at $30 and 200 at $32 (you would have filled only part of that 200). You would be able to see these in the order book (sometimes shown as bid/ask spread or market depth). However, the order book is not law. Just because there's an ask for 10k shares at $35 each for your $30 X stock, doesn't mean that by the time the price comes up to $35, the offer will still be up. The guy (or algorithm) who put it up may see the price going up and decide he now wants $40 each for his 10k shares. Also, people aren't obligated to put in their order: Maybe there's a trader who intends to trade a large volume when the price hits a certain level, like a limit order, but he elected to not put in a limit order and instead watch the ticker and react in real time. Then you will see a huge order suddenly come in out of nowhere. So while the order book is informative, what you are asking is actually fundamentally impossible to know fully, unless you can read the minds of every interested trader. As others said, in \"\"normal\"\" securities (meaning traded at a major exchange, especially those in the S&P500) you simply can't move the price, the market is too deep. You would need millions of dollars to budge the price, and if you had that much money, you wouldn't be asking here on a QA site, you would have a professional financial advisor (or even a team) that specializes in distributing your large transaction over a longer time to minimize the effect on the market. With crazier stocks, such as OTC and especially worthless penny stocks with market caps of $1 mil or less, what you say is a real problem (you can end up paying multiples of the last ticker if not careful) and you do have to be careful about it. Which is why you shouldn't trade penny stocks unless you know what you're doing (and if you're asking this question here, you don't).\""}
{"_id": "78139", "title": "", "text": "One thing I didn't see mentioned - my major bills are all electronic transfer, i.e. there is no check mailed. A bill due in 2 days can be set up now, and still paid the day after tomorrow. Try that with a check. There are smaller companies that are not done that way and a check mailed, but you state the due date not the mailing date. So the bank still has the obligation to get it there. This is how my particular bank works."}
{"_id": "78162", "title": "", "text": "Probably a big fat NO. Update re this edit: NOTE: I'm not suggesting that I melt the coins. I'm just suggesting that I hold onto the nickels and sell them later when they are worth more than 5 cents. For example, you can sell coins with silver in them for far above their face value. This is silly as an investment.  Right up there with stockpiling cars. :)   The increase in value will likely never be enough to make the cost/hassle of storage worth it.  As MrChrister states, it is a fine idea as a collection, but not as a stockpile. Edit (from the comments): I am surprised I did not latch onto this in the previous update.  Silver is considered a previous metal, nickel and copper are not.  BTW, the U.S. nickel is 25% nickel and 75% copper. Also, how in the world do you plan on actually selling a stockpile of nickels?"}
{"_id": "78176", "title": "", "text": "Take the long term view.  Build up the cash.  Once you have enough cash in the bank, you don't need a credit score.  With 6 months living expenses in the bank after paying 20% down on a small house, he should have no issues getting a reasonably priced mortgage.   However, if he waited just a bit longer he might buy the same house outright with cash. When I ran the computations for myself many years ago, it would have taken me half as long to save the money and pay cash for my home as it did for me to take a mortgage and pay it off."}
{"_id": "78182", "title": "", "text": "That's a matter of opinion.  He has enriched the US stock markets by $4 trillion dollars already.  That affects me and many others.  Unemployment is at a 30 year low.  Interest rates are stable and rising slowly.  Inflation is stable.  The housing market is healthy.  Cease fire in Syria.  We are no longer arming radicals in Syria.    There are many positive things happening right now.  They just aren't widely reported."}
{"_id": "78183", "title": "", "text": "There can be the question of what objective do you have for buying the stock. If you want an income stream, then high yield stocks may be a way to get dividends without having additional transactions to sell shares while others may want capital appreciation and are willing to go without dividends to get this. You do realize that both Pfizer and GlaxoSmithKline are companies that the total stock value is over $100 billion yes? Thus, neither is what I'd see as a growth stock as these are giant companies that would require rather large sales to drive earnings growth though it may be interesting to see what kind of growth is expected for these companies. In looking at current dividends, one is paying 3% and the other 5% so I'm not sure either would be what I'd see as high yield. REITs would be more likely to have high dividends given their structure if you want something to research a bit more."}
{"_id": "78199", "title": "", "text": "Unfortunately, sex is such an important and intimate part of our human mind.It is hardly surprising that it generates so many problems for so many people. In the world all men want girls to fuck for her level.Do not be afraid to say what is on your mind, just as long as you are not making it sound like you are acting out a part of a porn movie. For instance, when you tell your partner how good his or her skin feels on yours, it shows that the slow, close and passionate moment of love."}
{"_id": "78214", "title": "", "text": "Well, in a sense I agree. You need to educate your damn self of the insanity of the world because nobody else will for you. And you need to work harder at getting the fuck out of that world and into the one you know you're supposed to be in."}
{"_id": "78224", "title": "", "text": "Stock price is based on supply and demand. Unless the stock you are looking to buy usually has very low volume trading 100 shares isn't likely to have any effect on price. There are many companies that have millions or tens of millions of shares trade daily. For stocks like that 100 shares is barely a trivial percentage of the daily volume. For thinly traded stocks you can look at the bid and ask size but even that isn't likely to get you an exact answer. Unless you are trading large volumes your trade will have no effect on the price of shares."}
{"_id": "78230", "title": "", "text": "Ways to build credit without applying for credit cards: It takes some time for these types of actions to positively affect you.  I'd say at the very least 6 months.  You won't get the full benefit for several years.  However, the earlier you get started, the better."}
{"_id": "78236", "title": "", "text": "\"So very true, and I've heard most of these used in the way they describe. Although, they're missing \"\"We need to get some headlights on this\"\" = \"\"We just got surprised by our lack of common sense. Let's not let that happen again!\"\"  I think that one's low hanging fruit, and our best practices dictate that we capitalize on that because of the easy ROI. It's just due diligence, really.\""}
{"_id": "78249", "title": "", "text": "If you just want to save for retirement, start with a financial planning book, like this one: http://www.amazon.com/Smart-Simple-Financial-Strategies-People/dp/0743269942 and here's my editorial on the investing part: http://blog.ometer.com/2010/11/10/take-risks-in-life-for-savings-choose-a-balanced-fund/ If you're thinking of spending time stock-picking or trading for fun, then there are lots of options.  Web site: Morningstar Premium (http://morningstar.com) has very good information. They analyze almost all large-cap stocks and some small caps too, plus mutual funds and ETFs, and have some good general information articles. It doesn't have the sales-pitch hot-blooded tone of most other sites. Morningstar analyzes companies from a value investing point of view which is probably what you want unless you're day trading. Also they analyze funds, which are probably the most practical investment. Books: If you want to be competent (in the sense that a professional investor trying to beat the market or control risk vs. the market would be) then I thought the CFA curriculum was pretty good: However, this will quickly teach you how much is involved in being competent. The level 1 curriculum when I did it was 6 or 7 thick textbooks, equivalent to probably a college semester courseload. I didn't do level 2 or 3. I don't think level 1 was enough to become competent, it's just enough to learn what you don't know. The actual CFA charter requires all three levels and years of work experience. If you more want to dabble, then Benjamin Graham's The Intelligent Investor certainly isn't a bad place to start, but you'd also want to read some efficient markets stuff (Random Walk Down Wall Street, or something by Bogle, or The Intelligent Asset Allocator http://www.amazon.com/Intelligent-Asset-Allocator-Portfolio-Maximize/dp/0071362363, are some options). It wouldn't be bad to just read a textbook like http://www.amazon.com/Investments-Irwin-Finance-Zvi-Bodie/dp/0256146381 which would be the much-abridged version of the CFA level 1 stuff. If you're into day trading / charting, then I don't know much about that at all, some of the other answers may have some ideas. I've never been able to find info on this that didn't seem like it had a sketchy sales pitch kind of vibe. Honestly in a world of high-frequency trading computers I'm skeptical this is something to get into. Unless you want to program HFT computers: http://howtohft.wordpress.com/"}
{"_id": "78251", "title": "", "text": "Nothing.  Retail is not going to go away, it will change and transmutate, and just like evolution it will be a gradual change with some pieces falling off the cliff, but no disasters.  AMZN / WMT are leading the change, others will follow; most of the retail business models will become antiquated and replaced."}
{"_id": "78252", "title": "", "text": "target audience smaller businesses that deal with logistics as a secondary (but necessary) part of their business (ie charlie's cake factory, alice's airplane repairs, steve's steelworks)  or  target audience smaller business that deal with logistics directly as as a primary part of their business (ie wilson's warehouse, connie's courier, laura's LTL shipping company)  ?"}
{"_id": "78254", "title": "", "text": "[] [Fitch Ratings is expecting China's first local government bond defaults, but timing uncertain] (https://www.cnbc.com/2017/09/25/fitch-ratings-is-expecting-chinas-first-local-government-bond-defaults-but-timing-uncertain.html)  [] [China LGFVs: fears mount of bond defaults] (http://www.financeasia.com/News/439998,china-lgfvs-fears-mount-of-bond-defaults.aspx)  [][Growing Chinese corporate bond defaults improve market transparency but could scare investors] (https://www.cnbc.com/2016/05/25/growing-chinese-corporate-bond-defaults-improve-market-transparency-but-could-scare-investors.html)  [][Why are Chinese bond defaults surging?] (https://www.breakingviews.com/features/breakdown-why-are-chinese-bond-defaults-surging/)"}
{"_id": "78259", "title": "", "text": "Are there particular, established businesses that provide these   services? Yes! There are many fee-based financial advisors that provide such services. These might help:  http://www.ricedelman.com/galleries/default-file/how-to-choose-financial-advisor.pdf http://www.ricedelman.com/cs/education/article?articleId=990#.Us7cyPRDt1Y"}
{"_id": "78267", "title": "", "text": "\"While the other people have tried to answer your question as thoroughly as possible, I fear they are entirely incorrect in answering your question itself as it stands. The answer is that there are no usual terms. There are a handful of different options coming out now for this exact scheme. Examples include the UK Governments \"\"Help To Buy\"\" scheme. Accomodation is offered at a normal rate, and a small portion of the rent is set aside each month. At the end of a fixed period, that money becomes a deposit which the letter hands over to a mortgage provider who accepts it as a deposit. This might well be a terminology thing, since the other scenario which people described falls into the same name you've used. That scenario is where the investor who owns the property is considering sale of the property, and is happy to negotiate a price up front for the next year. Usually the rent and price is higher than the market rate because if the market goes well over the next year they could end up out of pocket. Putting that into perspective, over that year they are gaining their $1,000 a month or so, but having $100,000 invested means a return of 12%. If the property value is over $250,000 which I believe to be more likely, they are achieving a return of (I think) 4.8%. That's not a bad rate, by any means, but realistically they are losing a bit more for maintenance, and they could be making more from their money. If the market were to go up in that time by more than 4.8% (my house, for instance, increased in value by over 15% in the last 12 months), they are making a substantial loss since you are getting a house at 15% below the market rate. The total works out to a 10.2% loss for them. Note that I don't know the US housing market at all, I'm speaking mostly from my experience of the market here in the UK. This is what I hear, what I see, and what I've played. To summarise a bit: Make sure you check your terms before signing anything.\""}
{"_id": "78282", "title": "", "text": "How do tax cuts for a corporation decrease available labor or increase demand for labor?  I know wages are complex but what company is going to get a tax cut and say, \u201cYa know what, we\u2019re not paying as much taxes so raises for everyone.\u201d?  Maybe if the company uses that money to buy stuff, there will be demand on those companies that produce those products."}
{"_id": "78288", "title": "", "text": "There's also no way we'll ever walk around with computers in our pockets that can calculate a trajectory for a lunar insertion orbit in less than a second yet we all do.  That we've gone through two major employment revolutions (industrialization, mechanization) and there's still in general enough things that people have to do that we can rely on employment to drive the economy I don't see that being a guarantee that this will continue for a third and fourth rounds.  So we pose a 'what if?'.  What if there is another revolution in automation and we no longer need people to move things around, sell things or clean?  That covers all of retail, shipping and most service sector jobs.  Even if we still need some people in the loop we could see what happened to manufacturing where employment drops 10:1 or 100:1 because all the grunt work is now done by machine.  What happens when there's no more jobs that you can do without a Bachelors minimum education?  There are a lot of people who just aren't cut out for those kinds of jobs and would hate having to do them - not to mention do them poorly.  What does that world look like?  Yes it's the stuff of Sci-fi right now but so is today's world to people only 40 years ago."}
{"_id": "78297", "title": "", "text": "You can lookup SWIFT codes here.  Based on the search I conducted on March 30, 2015, PayPay US's SWIFT is PPALUS66, and PayPal Europe's SWIFT is PPLXLULL.  Since they have two listed, it would be safe to contact PayPal directly and ask which SWIFT they would like to be used."}
{"_id": "78310", "title": "", "text": "I'd bet good money that you're right on the button there. I can foresee a cottage industry for local part replacements easily cropping up in places with a strong DIY-nerd presence. If parts in some certain area break with enough frequency, you'll get customers chomping at the bit to pay what it would have cost to buy and ship, if they can instead get the replacement part printed in a couple hours. Screw waiting for the auto parts store to ship from their warehouse 5 hours away, when I can just get that distributor cap printed, to spec, *with customizations*, in half that time. This is so much of a game changer that you won't even know critical mass has hit until it does.  At the same time, I can also see some company trying to make an example of local print-a-part shops to protect dwindling part-supplier profits by calling in the fuzz to bust printing joints with narcotics-style closure raids, subpoenas, middle-of-the-night warrants, and that sort of thing. I don't think that stage will last long because customer backlash will be deadly, but it's well known that the last stage of a dying business model involves denial and desperate legal thrashing-about."}
{"_id": "78312", "title": "", "text": "\"A **Synthetic CDO** is the devil incarnate.  From the CDS buyer (aka Insurance buyer's) point of view: if you want *protection* on some credit/debt-security/loan and **can't find a willing counterparty**, just get \"\"investors in a CDO\"\" to supply it, in small portions in mass!  The poor tranche buyers won't even be aware that their **\"\"tranche LOSS\"\"** constitutes final full default-recovery payment on the defaulted credit to the CDS buyer.   CDOs are making a come back (slowly but surely) b/c there's a lot of \"\"JUNK\"\" accumulated in the **\"\"Levered Loan/Mezzanine Market\"\"**. So industry finds it's favored vehicle to dispose of said junk, hiding behind two counterparties couched in different semantic cloaks: \"\"CDS BUYER\"\" on one side, and \"\"CDO INVESTOR\"\" on the other.  To boot, red-meat free-market publications like WSJ then say (asif) \"\"O, buyers are dying for yield, there's great demand\"\". LOL. This completely obfuscates fact that a humble cdo investor is **entering the INSURANCE BIZ** against some very dodgy \"\"assets\"\".  (would you insure stage IV cancer patients for $1mn at annual premium of, say $5000?)\""}
{"_id": "78328", "title": "", "text": "You could make an entry for the disputed charge as if you were going to lose the dispute, and a second entry that reverses the charge as if you were going to win the dispute.  You could then reconcile the account by including the first charge in the reconciliation and excluding the reversal until the issue has been resolved."}
{"_id": "78331", "title": "", "text": "I think PA is probably the biggest factor.  All the older PA residents that used to go there just go to PA casinos.  They don't care about the beach.  If they want to go to a beach, they go to a nice beach.    For most of the younger gamblers, the extra drive isn't worth the time to go to a slum with a shitty beach when you don't have to.    Also did they say no smoking in NJ casinos? WTF that's just stupid. I don't smoke but i do love it when I gamble"}
{"_id": "78332", "title": "", "text": "In most circumstances prices do not change on a daily basis on most goods and services, and just because inflation is high does not mean all prices of every good and service has to increase over the short term.  Prices are determined by costs of doing business, manufacturing costs and wage growth, and by competition.  For example, if one product has very little competition and costs to produce it have gone up, then the seller might increase prices by 10% to cover their cost of buying the goods off the manufacturer, whilst another product may have plenty of competition, the seller has sourced a new manufacturer from overseas with lower manufacturing costs, they might lower their selling costs by 5% to better compete and increase their sales. Inflation figures are calculated from a set basket of goods and services, and if inflation increases it does not mean that all prices in that basket have gone up, only that the aggregate for the whole basket of goods and services has gone up since the last inflation figures were calculated."}
{"_id": "78336", "title": "", "text": "\"Title insurance protects you from losing rights to your property in case of a court decision. Let's look at an example I recently found in local newspapers. One old woman sold her apartment to person A. The deed was attested by a notary public who verified that indeed in was that old woman putting her signature on the deed. Then person A sold the apartment to person B, etc, then after several deals some unfortunate Buyer bought that apartment. The deal looked allright, so he's got a mortgage to pay for the apartment. Later it turned out that the old lady died three months before she \"\"sold\"\" the apartment and the notary public was corrupt. Old lady's heirs filed a lawsuit and the deal was void. So the ultimate Buyer lost all rights to the apartment although he purchased it legally. This is the case when title insurance kicks in. You need one if there's a chance for a deal to be deemed void.\""}
{"_id": "78337", "title": "", "text": "Only jerks use Safari  (note - in my experience for a large retailer, those that use that browser are more likely to leave negative feedback on their shopping experience, even though we make sure every feature is more than compatible and works for them)"}
{"_id": "78339", "title": "", "text": "Well, I can tell you that most of the executive staff at GoDaddy don't even live in Phoenix where HQ is.  They fly in sometime on Monday (some on Sunday, to be fair) and then work until sometime late Thursday and fly home.  Long weekends, every weekend.  The rest of us (when I worked there) enjoyed our quiet Mondays and Fridays."}
{"_id": "78342", "title": "", "text": "\"What do I mean by infrastructure? Well, if you're doing algorithmic trading, you have to have something monitoring data and making decisions on its own, presumably. How do you set that up? There are many ways, and some are better than others.  First is a problem of scale. If you're a newbie starting out with some small set of equity tick data, perhaps just trades for instance, you can whip together something that can handle that pretty easily. Check out http://www.marketdatapeaks.com/ though. That's your messaging rates you have to deal with once you go full data feeds direct from all the exchanges. 6.65 million messages/events per second. That's a lot. And if you fall behind, you lose your lunch.  Building a robust system that allows you to easily backtest and deploy strategies is crucial as well. The speed at which you're able to conduct the backtest matters a lot. Doing that rapidly, and accurately is not easy. For a broad market-data handling algo design (and now, clearly, for very specific things you can design one that'll handle stuff better for that one corner case, but this is for general algo trading), optimally you have some sort of setup where you have a:  [feed handlers] -&gt; [tickerplant] -&gt; [mkt data subscribers/CEP] -&gt; [order management system] -&gt; [broker]   in this setup you have feed handlers that are taking the raw exchange feeds and pushing them to a consolidated tickerplant, where CEP subscribers can come through and sub to the data they want (perhaps I just want ES futures on one, and only want to arb CMCSA and CMCSK on another -- you dont want each CEP subscriber getting your full feed for all tickers all the time, its a waste). so more or less, each independent strategy is its own subscriber to the tickerplant, taking whatever data it wants and only that data (could be \"\"give me all the trades and quotes for all nasdaq stocks, but not book depth\"\" for instance).  your CEP does whatever maths it has to do to figure out trading decisions, and when it does, it sends it to your order management system which does your risk checks, etc (\"\"do you have enough money to place this trade?\"\" \"\"do you already have a position in this?\"\" \"\"are you trading against yourself?\"\" ... million other things). your OMS knows how to talk to your broker/directly to the exchange depending on your setup. Assuming all your risk checks pass, off the order goes to the exchange, and it deals with the fill msgs, etc.  Now, as far as speed is concerned - try to do all of this at 6.5 million events/second. It's hard. Some strats/cep subscribers will run faster than others, some are slower, some need to keep a full book to work while some work on just trades. Your OMS depending on if youre using only market data sources may need to keep its own book to place orders on behalf of your subscribers if they lack information about various markets (think all the twitter trading bots these days for instance), etc.  If you look back at the above setup as well, you'll notice some interesting things. [tickerplant] -&gt; [cep subscriber] portion can stay the same for live trading or backtesting. This is huge. The only thing that changes here for backtesting is that if you're trying to backtest, you can take historical data (query it out of your hopefully column-store database) and push it into your tickerplant rather than having it come from a live feed through the feed handler. Your tickerplant and cep subscriber will never know the difference, so you can use the same exact code for backtesting as you can for live. On the other end, you obviously cant send historical orders to your live broker, so you need to code a simulated OMS that does the backtest simulation (another huge piece of software to code that is hard to do well). But, for backtesting, your setup is staying largely the same except those two end pieces. This means that testing/deving/deploying strats can be pretty rapid, and uses the same code base for live and historical, which helps you eliminate bugs and have to code everything twice.  Backtesting design: [historical mkt data db] -&gt; [tickerplant] -&gt; [mkt data subscribers/CEP] -&gt; [order management system simulator/backtester]  These are just a few of the many problems that you hit when trying to dev good infra. There are like a million more. Point was simply, it's complicated. And C++ is a good lang. I use a wide variety of languages depending on exactly whats going on and how fast the code needs to be. With a proper tickerplant design, youre using some ipc protocol so a subscriber can be coded in any language. Check out http://www.zeromq.org/ -- thats an excellent piece of software to use to make a tickerplant out of, think they even have a design for one in the docs if I recall. With that, your CEP subscribers can be in any language - perhaps pure C if you need the speed, perhaps .NET or Java if you dont (check out http://esper.codehaus.org/ for a Java implement of a CEP subscriber, nEsper for the C# port of that I believe). But I use C, C++, C#, python, R, x86 asm for a few very minor things, and a lang or two I can't mention here.\""}
{"_id": "78347", "title": "", "text": "\"So you believe people are free to have opinions, act on them. But what is a business except a bunch of people interacting with others? Do you stop being human when you walk through the doors of your work? Using terms like \"\"companies should provide a service\"\" sounds like they are staffed by machines, and we should force them to do whatever they want, which is troubling.  In my opinion, companies should be free not to bake cakes for neo-nazis or gay couples. Of course, I would boycott the latter, as would many people, I suspect. The free market forces people to cooperate, because bigoted organization will lose business.  My biggest problem with Paypal's decision is I'm not sure I trust them to determine who is a \"\"hate group\"\" fairly, like you said. (Of course, I trust the government even less.) But the good news is if they implement their policy unfairly, then they'll get slapped by the invisible hand and go broke. The free market is one of the freest, most democratic systems we have.\""}
{"_id": "78356", "title": "", "text": "They are easing QE as the economy does better, but it will remain a tool that central banks use forever. I doubt they'll actually get to none, that would require things to go too well for too long. If we start heading toward a surplus Conservatives will put pressure on for tax cuts, and Progressives will put pressure on for govt spending."}
{"_id": "78361", "title": "", "text": "The chances are good that the interest you are going to pay on the debt is going to be higher than the interest you are going to receive on any type of short term investments. That would make the paying off of the debt worth more to you in the long run than saving your money. Note that without the particulars of your situation this is all just theory crafting so consult the details of you loan agreements. I cannot imagine that a credit provider did not discuss this with you before you put pen on paper."}
{"_id": "78367", "title": "", "text": "There are two or three issues here. One is, how quickly can you get cash out of your investments? If you had an unexpected expense, if you suddenly needed more cash than you have on hand, how long would it take to get money out of your Scott Trade account or wherever it is? I have a TD Ameritrade account which is pretty similar, and it just takes a couple of days to get money out. I'm hard pressed to think of a time when I literally needed a bunch of cash TODAY with no advance warning. What sudden bills is one likely to have? A medical bill, perhaps. But hey, just a few weeks ago I had to go to the emergency room with a medical problem, and it's not like they demanded cash on the table before they'd help me. I just got the bill, maybe 3 weeks after the event. I've never decided to move and then actually moved 2 days later. These things take SOME planning. Etc. Second, how much risk are you willing to tolerate? If you have your money in the stock market, the market could go down just as you need the cash. That's not even a worst case scenario, extreme scenario. After all, if the economy gets bad, the stock market could go down, and the same fact could result in your employer laying you off. That said, you could reduce this risk by keeping some of your money in a low-risk investment, like some high-quality bonds. Third, you want to have cash to cover the more modest, routine expenses. Like make sure you always have enough cash on hand to pay the rent or mortgage, buy food, and so on. And fourth, you want to keep a cushion against bookkeeping mistakes. I've had twice in my life that I've overdrawn a checking account, not because I was broke, but because I messed up my records and thought I had more money in the account than I really did. It's impossible to give exact numbers without knowing a lot about your income and expenses. But for myself: I keep a cushion of $1,000 to $1,5000 in my checking account, on top of all regular bills that I know I'll have to pay in the next month, to cover modest unexpected expenses and mistakes. I pay most of my bills by credit card for convenience --and pay the balance in full when I get the bill so I don't pay interest -- so I don't need a lot of cushion. I used to keep 2 to 3 months pay in an account invested in bonds and very safe stocks, something that wouldn't lose much value even in bad times. Since my daughter started college I've run this down to less than 1 months pay, and instead of replacing that money I'm instead putting my spare money into more general stocks, which is admittedly riskier. So between the two accounts I have a little over 2 months pay, which I think is low, but as I say, I'm trying to get my kids through college so I've run down my savings some. I think if I had more than 6 months pay in easily-liquidated assets, then unless I expected to need a bunch of cash for something, buying a new house or some such, I'd be transferring that to a retirement account with tax advantages."}
{"_id": "78395", "title": "", "text": "This is a typical scam. Yes, you just got listed with the terrorists as trying to launder money internationally.  Terrorist organizations will try to find someone in the US who will accept deposits from overseas sources then send that money to one of their operatives.  Cooperate with whichever police force comes knocking on your door. Pray that it isn't Homeland Security. They do not need warrants."}
{"_id": "78398", "title": "", "text": "The middle class needs support, not eroding. Negative interest rates would work for starters in getting that corporate profit capital moving in society, not this avoidance of responsibility from above by passing the buck to the people. By the same token therefore, voting more is not going to solve things quicker. Why say 'politics will not fix this' and then declare 'vote someone in to change it fast' after throwing a few figures and catchphrases at us? A convoluted, nonsensical waste of time."}
{"_id": "78408", "title": "", "text": "\"I said \"\"at least,\"\" meaning that I narrowed my odds to \"\"at least\"\" even odds from the national average of 1/4 college graduates finding a job after school. I wanted to make damn sure I was that one in four. I never had any doubts myself, and I had a backup plan for moving forward if a job didn't materialize.\""}
{"_id": "78409", "title": "", "text": "10 people live in country X in 10 separate households, 5 own their homes and the others rent unrelated property. Home ownership = 50% 10 people live in Country Y in 5 seperate households, 5 own their homes while the others rent from them. Home ownership = 50% One day, person 1 leaves his rented spot in one of the homes to opt for a new home elsewhere. Home ownership = 50%. It doesn't work out, so he moves back in with mom and dad. Home ownership = 50% Where am I making a mistake?"}
{"_id": "78415", "title": "", "text": "\"Correct - I believe in freedom. Just because you \"\"work\"\" does not mean you now have the right to put a gun to someone else's head who adds more productivity to the country to take their money. I believe in productive work as that is the only way standard of livings will rise for all. If we had a bunch of people doing non productive work and expecting to make the same as productive work we would all be poor.\""}
{"_id": "78430", "title": "", "text": "I haven't found a drop-in replacement for MS Money, but I've tried a few of the Mac desktop programs. I settled on Iggsoftware's iBank, which seems to do what I need it to do. It also appears to be able to import transactions from MS Money if you export your accounts as QIF files at the MS Money end, but I never tried it."}
{"_id": "78436", "title": "", "text": "\"Open standards need to be put in place by the open source community (including business interests), codified into a self-hosted option as a first class citizen *by law*, with a final sugar coated offering of hosted options managed by private enterprise. They can use the open source model as much or as little as they want.  With the Equifax scandal, we have little option but to include a \"\"nerd friendly\"\" secure version of this software that's available on the government's dime. And by government I mean \"\"we the people\"\", not \"\"big government\"\".\""}
{"_id": "78442", "title": "", "text": "**Mortimer Sackler**  Mortimer David Sackler (December 7, 1916 \u2013 March 24, 2010) was an American physician and entrepreneur. With his brothers, Arthur and Raymond, he used his fortune from the pharmaceutical industry to become a prominent philanthropist.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "78447", "title": "", "text": "This is opinion, no right or wrong. Two schools of thought, one saying you should aim to be debt free, ASAP, the other suggests that when your borrowing expense is so much lower than expected market return, just keep investing.  With your mortgage, a variable, I trust the payment is recalculated so if you pay down half the loan, it will drop to half when the rate changes and new payment calculated, right? If not, you still have a high payment due until it's paid in full.  Me, I like the flexibility of going with the full term, and saving the money as long as rates are low. Even moderate inflation will make that payment fell like less over time, and there are funds whose dividends are above the mortgage rate. If/when rates rise, you can always pay down aggressively. I'm concerned that you don't have a good sense of your saving goals. You have less than a years income saved for the long term. To replace 80% of your income you need about 20 times your current income, or $4M. Of course, you get to subtract pension income or whatever Canada's social security system is (forgive my ignorance on this)."}
{"_id": "78448", "title": "", "text": "\"Day trading is an attempt to profit on high frequency signal changes. Long term investing profits on low frequency changes. What is the difference? High Frequency Signal = the news of the day. This includes things like an earnings report coming out, panic selling, Jim Cramer pushing his \"\"buy buy buy\"\" button, an oil rig blowing up in the ocean, a terrorist attack in some remote region of the globe, a government mandated recall, the fed announcing an interest rate hike, a competitor announcing a new product, hurricanes, cold winters, a new health study on child obesity, some other company in the same sector missing their earnings, etc. Think daily red and green triangles on CNBC: up a buck, down a buck. Low Frequency Signal = The long term effectiveness of a company to produce and sell a product efficiently plus the sum of the high frequency signal over a long period of time. Think 200 day moving average chart of a stock. No fast changes, just, long term trends. Over time, the high frequency changes tend to negate each other. To me, long term investing is wiser because the low frequency signal is dominated by a companies ability to function well over time. That in turn is driven by the effectiveness of its leadership coupled with the skill and motivation of its employees. You are betting on the company and its people. Pseudo-random shorterm forces, which you can't control, play less of a role.  The high frequency signal, on the other hand, is dominated by sporadic and unpredictable forces that typically can't be controlled by the company. It has some tinge of randomness about it. Trying to invest on that random component is not investing at all, it is gambling (akin to \"\"investing\"\" in that next coin flip coming up heads) I understand the allure of high frequency trading. Look at the daily chart of a popular stock and focus on the up and down ticks. Mathematically, you could make a killing if you could just stack all those upticks on top of each other. If only it was that easy.\""}
{"_id": "78470", "title": "", "text": "\"There isn't really a clear way to answer this question objectively.  I'd offer my opinion that yes it is a good idea. You don't need very much money to start (I began investing on $200). To answer your second question, no there are never any \"\"sure things.\"\"  Instead on focusing on making money, focus on learning how the markets work. Pick a few companies you know (perhaps in an industry you are familiar with) and buy one or two shares at a time. Watch the prices evolve over time and make note of the changes and always ask the question \"\"why did it go up/down\"\". Good luck.\""}
{"_id": "78486", "title": "", "text": "Given your clarifying points, it sounds like you are running both businesses as one combined business. As such, you should be able to get just a single HST number and use that. However, let me please urge you to contact a professional accountant and possibly a lawyer, as it is very unusual to be performing these services without a business license, and you may be exposing yourself to civil penalties and placing your personal assets (e.g. your house) at risk. Additionally, it may be beneficial for you to run these as businesses as you can likely write off (more of) your expenses."}
{"_id": "78518", "title": "", "text": "There are several factors that you need to consider: If you have already decided on the house.  Did you prequalify for the mortgage loan - If so, did you lock in the rate. If you have not already done than your research is still valid. Consider two calculators first - Affordability + Mortgage calculator Advice :  If you can afford to pay 20% down then please do, Lesser monthly mortgage payment, you can save approx 400 $ per month, the above calculator will give you an exact idea. If you can afford go for 15 years loan - Lower interest rate over 2-5 years period. Do not assume the average ROI will + 8-10%. It all depends on market and has variable factors like city, area and demand.  In terms of Income your interest payment is Tax deductible at the end of the year."}
{"_id": "78520", "title": "", "text": "FI funds don't always drop in rising rate environments, and can outperform thanks to simple bond math and the way the indexes are built.  It's one of the places where it's very easy to argue in favour of some form of active management."}
{"_id": "78524", "title": "", "text": "If I needed a safe-ish way to bank a lot of cash in vegas I'd exchange for high value chips at the local gambling establishments.  I have to imagine that's being done already for other less than legal enterprises."}
{"_id": "78525", "title": "", "text": "Siri suffers from it working too well, I think. Yes, speech to text and text to speech is a relatively solved problem. But. That's only half of what Siri is doing.   When it translates your speech to text, it then transmits the text to servers that, in only seconds, parse the *meaning* of the text. That's a lot harder.   I tell Siri to set trimmers or remind me of things at certain times, etc. the brilliance of Siri is it understands what I meant in addition to what I said."}
{"_id": "78563", "title": "", "text": "Actually the article seems to just constantly note the contradictions in findings saying that things may or may not be because of the wage increase, or maybe some other economic indicator.  So ... basically, pointless article with a click bait title."}
{"_id": "78568", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [You're more likely to achieve the American dream if you live in Denmark](https://www.reddit.com/r/neoliberal/comments/6zxabb/youre_more_likely_to_achieve_the_american_dream/) on /r/neoliberal with 1 karma (created at 2017-09-14 00:23:51 by xc89[author of both threads])   ----    ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)"}
{"_id": "78574", "title": "", "text": "\"I am confused how you spin an \"\"infinite mileage warranty\"\" into something negative.  Even if they have found powertrain failures (to your point)... they are handling it and their customers about as well as anyone could.  Yes, it is good PR because that in-turn will increase sales / revenues / profits.  What company doesn't want to do that?  Perhaps you're in the anti-Tesla circle-jerk?\""}
{"_id": "78575", "title": "", "text": "This just happened to me with a Wells Fargo Bill Pay check.  WF put a stop payment on the check. The money was taken out of my account immediately yet it is going to take 3-5 days to reappear in the account.  I question these banking practices.  Georgia Bank and Trust Company of GA does not do this.  The Bill Pay check is processed just like a hand written check; when the check clears the bank your account is debited. If it is an Electronic Funds Transfer (EFT) then the money does come out of your account immediately, of course. These are acceptable banking practices to me.  I will be closing the Wells Fargo account."}
{"_id": "78576", "title": "", "text": "Good journalism is expensive. Used to be, advertisers footed the bill for it. Not that way anymore, and regular people don't want to pay what good journalism costs -- they can't, actually, since it would be unaffordable. I really don't see a solution for journalism's survival, and it's really a shame."}
{"_id": "78584", "title": "", "text": "The income and recurring costs will be shown at the end of each year, however the initial cost is recorded at the time they are incurred meaning at t=0 (Jan 2014) The first net profits/loss of 658500 is recorded at the end of Dec 2014 (t=1) And the remaining four ones at the end of 2015 (t=2) 2016 (t=3) 2017 (t=4) 2018 (t=5) -8000000 658500  658500 658500 658500 6658500 t=0) -8000000 t=1) 658500 t=2) 658500 t=3) 658500  t=4) 658500  t=5) 6658500"}
{"_id": "78586", "title": "", "text": "\"Question 2 Some financial institutions can provide a way to invest small amounts with low or no cost fees over a period of time (like monthly, weekly, etc).  For instance, a few brokerages have a way to buy specific ETFs for no cost (outside of the total expense ratio). Question 3 When someone says that investing is like buying a lottery ticket, they are comparing an event that almost always has at least a 99.9% of no return (large winnings) to an event that has much better odds.  Even if I randomly pick a stock in the S&P 500 and solely invest in it, over the course of a given year, I do not face a 99.9% chance of losing everything. So comparing the stock market to a lottery, unless a specific lottery has much better odds (keep in mind that some of these jackpots have a 99.9999999% of no return) is not the same.  Unfortunately, nothing truly safe exists - risk may mutate, but it's always present; instead, the probability of something being safe and (or) generating a return may be true for a given period of time, while in another given period of time, may become untrue. One may argue that holding cash is safer than buying an index fund (or stock, ETF, mutual fund, etc), and financially that may be true over a given period of time (for instance, the USD beat the SPY for the year of 2008).  Benjamin Franklin, per a biography I'm reading, argued that the stock market was superior to gold (from the context, it sounds like the cash of his day) because of what the stock market represents: essentially you're betting on the economic output of workers.  It's like saying, in an example using oil, that I believe that even though oil becomes a rare resource in the long run, human workers will find an alternative to oil and will lead to better living standards for all of us. Do civilizations like the Mongolian, Roman, and Ottoman empires collapse?  Yes, and would holding the market in those days fail?  Yes.  But cash and gold might be useless too because we would still need someone to exchange goods with and we would need to have the correct resources to do so (if everyone in a city owns gold, gold has little value).  The only \"\"safe bet\"\" in those days would be farming skill, land, crops and (or) livestock because even without trading, one could still provide some basic necessities.\""}
{"_id": "78594", "title": "", "text": "Credit cards also take a cut.  Canada's interac system (use your bank card at the POS to instantly transfer money from your bank to the store) costs merchants 15 cents per transaction.  Visa and Mastercard charge about 3% per transaction.  They justify this by saying that cards encourage people to spend more and stores can make bigger sales.  With cash, I am limited to what's in my pocket, but with visa or interac, if something is just a little more expensive than I'd planned on spending, it's no big deal, I just swipe the card, type my pin and have the product.  If the option is between a sale -x%, or no sale at all, the former beats the latter.  Square is offering a service that is convenient as hell, and they make it very easy to set up and use.  Convenience and ease of use are something that people are willing to pay for."}
{"_id": "78597", "title": "", "text": "MoneyGram said that the person sending money should also be an Indian. There shouldn't be any such restriction. Can you check again what exactly the issue was? Is there another way so I can get money without any problem. You can try Bank Transfers or alternative remittance like Western Union"}
{"_id": "78599", "title": "", "text": "\"Yeah, it's one thing for the buzzfeeds to collapse some thread into a listicle, but I certainly find it outrageous for someone to just steal an OP's post and put it elsewhere, and even more egregious in this case since it starts out \"\"A while back **I**...\"\"\""}
{"_id": "78610", "title": "", "text": "&gt; Example abound of rich kids who don't pan out and poor kids who make it.  This is not really very true.  Social mobility is not so common - if you're born in the poorest or riches 1% or 10% of the population, the chances are you'll spend your whole life in that demographic.  Figures are not so easy to come by on these particular margins, but it's easy to find studies that show 42 percent of American men raised in the bottom fifth of incomes stay there as adults, whilst just 8 percent rise to the top fifth. [[cite](http://en.wikipedia.org/wiki/Socio-economic_mobility_in_the_United_States)] Yet it's really the poorest 1% and 10% we should be thinking about, and comparing them to the richest 1% and 10%, when we ask how fair our society is. They are surely less socially mobile.   Meanwhile, [UK statistics](http://www.lonegunman.co.uk/2009/12/11/statistics-on-social-mobility-and-belief-systems/):  * Pri\u00advately edu\u00adcated can\u00addi\u00addates account for 7 per cent of the pop\u00adu\u00adla\u00adtion, but occupy more than half of the top pro\u00adfes\u00adsional jobs. * 75 per cent of judges, 45 per cent of senior civil ser\u00advants, and a third of MPs are pri\u00advately educated. * More than 4 in 10 places and Oxford and Cam\u00adbridge go to pri\u00advately edu\u00adcated candidates. * 30 per cent of chil\u00addren on free school meals do not get good GCSEs. * Of stu\u00addents get\u00adting 3 As at A-Level, just 0.5 per cent were eli\u00adgi\u00adble for free school meals."}
{"_id": "78616", "title": "", "text": "I prefer the TD Gold Elite Visa issued by TD Canada Trust.  The card offers a 1% cash back reward, and I can completely avoid the annual fee by maintaining a minimum balance in my TD bank account.  In addition to the 1% cash back, other features that I like on the card are: There are some other features (see complete list here), but those are the ones I care about. I used to carry both Aeroplan and Air Miles type of reward cards, but when I wanted to book a flight and discovered the hassle involved, the value of travel points evaporated as far as I was concerned.  I also decided I would never again pay an annual fee to earn rewards; it's counter-productive."}
{"_id": "78623", "title": "", "text": "\"At least in the US, a Cashier's Check is just like a regular personal check - only it's guaranteed by the bank itself, so the person accepting it can be pretty certain the check won't be returned for insufficient funds...if the check is genuine! Most banks therefore have a policy for cashier's checks that is very similar to their policies on regular checks and money orders: if you are a member with an account in good standing, they'll make all or part of the money available to you according to their fund availability policy, which is usually anywhere from \"\"immediately\"\" to 7-10 days. With amounts over $5,000, banks will tend to put a hold on the funds to ensure it clears and they get their money. If you are not a member then many banks will refuse to cash the check at all, unless the cashier's check is drawn on on that brand of bank. So if the cashier's check is issued by, say, Chase Bank, Chase banks will usually be willing to cash out the entire check to you immediately (with properly provided ID). Because the bank is guaranteed by them they are able to check their system and ensure the check is real and can clear the check instantly. This policy isn't just up to individual banks entirely, as it is defined by United States federal banking policies and federal regulations on availability of funds. If you really must cash the check without a holding period and won't/can't have a bank account of your own to perform this, then you will generally need to go into a branch of the bank that is guaranteeing the check to be able to cash it out fully right away. Note that since the check might be issued by a bank with no branch near you, you should have a back-up plan. Generally banks will allow you to setup a special/limited savings-only account to deposit your check, even if you don't have a checking account, so if no other option works you might try that as well. The funds availability policies are the same, but at least you'll be able to cash it generally in 10 days time (and then close the account and withdraw your money).\""}
{"_id": "78626", "title": "", "text": "The expense ratio reduces the return of the ETF; your scenario of paying 100.0015 is that of a load.  Most (all?) ETFs can be bought without paying a load (sales charge as a percent of amount invested), and some ETFs can be bought without paying a brokerage fee (fixed or variable charge for a buy transaction just like buying any other stock  through the brokerage) because the brokerage has waived it.  Your broker  might charge fees for both buying and selling shares in an ETF, but in any case, this is quite separate from the expense ratio."}
{"_id": "78632", "title": "", "text": "As an F1 student, I have been investing (and occasionally buying and selling within few weeks) for several years, and I have never had problems (of course I report to IRS gains/losses every year at tax time). On the other hand, the officer in charge of foreign students at my school advised me to not run ads on a website and make a profit. So, it seems to me that investing is perfectly legit for a F1 student, as it's not considered a business activity. That's obviously my personal understanding, you may want to speak with an immigration attorney to be on the safe side."}
{"_id": "78637", "title": "", "text": "\"In many ways their business model wasn't different than Keurig (and I'm sure that's how this was pitched: \"\"We're going to be the K-Pods of Juice and make Billions!\"\"), it's just all timing and execution. If you look at any of the many YouTube teardowns of the Juicero it was pretty obvious that they were if anything _losing_ money on each juicer sale.  The industrial design of the machine itself was executed in such a way that it was just incredibly expensive to manufacture. Beyond that we certainly seem to be in the midst of a large scale shift in eating habits. Where low carb diets were once pretty faddish, it's becoming more and more predominant and it doesn't get much more tall glass of carbs than juice.\""}
{"_id": "78644", "title": "", "text": "\"&gt; President Trump killed the TPP? Yes, or no?  No, [the TPP was declared politically dead before President Trump was elected](https://www.washingtonpost.com/news/powerpost/wp/2016/09/29/mcconnell-the-trans-pacific-partnership-is-dead-until-a-president-revives-it/?utm_term=.73c9a7fbea04).  He did sign an executive order officially withdrawing but it had little meaning since the bill never had or was going to get congressional ratification.  &gt; President Trump is killing and NAFTA and actively against it? Yes, or no?  No, although candidate Trump was strongly against the trade deal [President Trump has decided to \"\"renegotiate\"\" it](http://www.cnn.com/2017/04/26/politics/trump-nafta/index.html).  Preliminary glimpses of what this means [does not look anything like killing NAFTA or helping American workers](https://www.thenation.com/article/trumps-renegotiation-of-nafta-is-starting-to-look-a-lot-like-the-tpp/).  &gt; President Trump reduced immigration? Yes or no?  No, at least not yet although [he has proposed legislation to do so](https://www.whitehouse.gov/the-press-office/2017/08/02/president-donald-j-trump-backs-raise-act).  &gt; President Trump reduced and kill many regulations? Yes or no?  Yes on this one but [almost all were put in place by the Obama administration and many hadn't even taken effect yet](https://townhall.com/tipsheet/leahbarkoukis/2017/07/20/trump-admin-war-on-regulations-paid-off-n2357693).  &gt; President Trump invests in infrastructure? Yes, or no?  No, while President Trump has promised $1 trillion in infrastructure spending [nothing has actually been produced except a bill that stripped transportation funding programs](https://www.nytimes.com/reuters/2017/08/07/business/07reuters-usa-municipals-infrastructure.html).  &gt; Presider Trump pull out from Wars, e.g. the CIA program to \"\"support the rebels in Syria\"\"? Yes or no?  No, although you are right Trump stopped the support of Syrian rebels [he started to arm the Syrian Kurds](http://www.cnn.com/2017/05/10/middleeast/syria-us-turkey-trump-arms-kurds/index.html) and don't forget [he got directly involved in the war](http://www.cnn.com/2017/04/06/politics/donald-trump-syria-military/index.html).\""}
{"_id": "78648", "title": "", "text": "It's the buying and selling of the stock that causes the fluctuation in prices, not the news. People buy and sell all the time, and not just for newsworthy reasons.  They may have to send a child to college, or fix a roof, etc.  Or they may be technical traders looking for signals.  All kinds of reasons."}
{"_id": "78664", "title": "", "text": "It's a big dance. Share price will go up or down based on a number of factors, many that have nothing to do with the company operations. If a CEO fixates on quarterly returns, that will cause long-term investors to want that CEO replaced, or to sell their shares. Unless a CEO is weak and can't explain the business to shareholders he shouldn't need to focus on quarterlies. If he does then shareholders short and long will take advantage of the bump in price to exit, thus depressing the valuation. Then new money comes in after CEO is replaced."}
{"_id": "78675", "title": "", "text": "\"Just to be clear to start, beta is a statistical property.  So if your beta is 0.8 over a period of time.  Stock X moved on average 0.8 for a point move in the index. We might hope this property is persistent and it seems to be fairly persistent (predictable) but it doesn't have to be. Also it is important to note this is not a lag in time.  Beta is a measure of the average size of a move in the stock at the same time as a move in the index.  In your example both the stock and index are measured at end of day.  You can say that the stock \"\"lags\"\" behind the index because it doesn't grow as quickly as the market when the market is growing, but this is not a lag in time just a lag in magnitude.   People do occasionally calculate betas between a stock and lagged in time market prices, but this is not the commonly used meaning of beta.  This might actually be a more useful measure as then you could bet on the future of the stock given what happened today in the market, but these \"\"betas\"\" tend to be much more unstable than the synchronized version and hard to trade on. When you calculated beta you choose a time scale, in this case daily.  So if your calculation is on a day-to-day basis then you have only tested the relationship on a day-to-day basis not, for instance, on a week-to-week basis.  Now day-to-day and week-to-week betas are often related and are generally reasonably close but they do not have to be.  There can be longer term effects only picked up on the longer scale.   Stock X could day-to-day with a (average) beta of 1 to the stock market, but could have even a negative beta year-to-year with the market if the stock is counter-cyclical to longer scale trends on the market.  So beta can change with the time scale used in the calculation.\""}
{"_id": "78677", "title": "", "text": "The partnership agrees to pay each of you salaries and/or bonuses, typically based on the net profit brought in. You do have a legal document setting out the rules for this partnership, right? If so, the exact answer should be in there. If you don't or it isn't, you need a lawyer yesterday."}
{"_id": "78686", "title": "", "text": "I think it's pretty clear they need a quality smart phone line since that's almost all people are buying anymore.  I don't know why they aren't making Android phones other than the market is already saturated and it's hard to stand out. The Windows Phone is almost certainly their best bet, but can they hang in there until MS's push to the win8 platform. If they can I expect the Windows Phone to do very well. Most Joe Consumers will be like OH well I have windows at home so I know that, and I doubt it will be any less intuitive than the Android interface or any more boring than the iPhone interface."}
{"_id": "78687", "title": "", "text": "The same as you would save for anything else, buget and make sure your expenses are less than your income each week. Put away a little each week for the item you want to buy, and when you have saved up enough for the item you can buy it. In the mean time whilst you are saving for it, you can shop around to see where you can buy it at the lowest price."}
{"_id": "78694", "title": "", "text": "**[Online advertising](http://www.makeyouradvertisement.com/)** is all around us. Sometimes it's specific, and sometimes it's in your experience. Sometimes it's valuable, and sometimes it's aggravating. As the web regularly become a free assistance, provided only by causes, so too does the designed side-effect of Online advertising. The purpose of this post is to discover the art of Online advertising by looking at people thought with respect to both the group and causes."}
{"_id": "78713", "title": "", "text": "I believe it.  Violin lessons - $5k/year Piano lessons - $5K/year Sports - $5k/year (or more) daycare/kindergarten - $10-20-?/year (depending on where you live) private school (or higher taxes if you want a decent public school) - ??? a lot...   and either one of the parents has to go part time and lose income,you you have to hire someone to help (just taking kids to all the lessons is a second job...)"}
{"_id": "78714", "title": "", "text": "\"I think Congress needs to spend less, there's likely billions of dollars in the budget that are unnecessary/could be used better. Second, my comment was to simplify the corporate tax code and make more income taxable (thus removing the \"\"tax cuts\"\" you mentioned).\""}
{"_id": "78754", "title": "", "text": "As a general rule of thumb, and assuming you have a choice, my advice is to pay cash for things things that depreciate, expenses, and consumables. Consider credit (even if you have cash) for things that will appreciate in value or generate cash flow. That is, use credit as leverage."}
{"_id": "78755", "title": "", "text": "\"&gt; That's the fault of the consumer misunderstanding then.   Actually, no it's not. It's intentionally misleading, and any reasonable person you ask about this will say it's crazy and/or should be illegal.   If it's not intentionally misleading, then why not put the truth: \"\"50% chicken, 50% filler\"\" in large, friendly letters on the front?   And we both know the answer to that question.\""}
{"_id": "78769", "title": "", "text": "The question is always one of whether people think they can reliably predict that the option will be a good bet. The closer you get to its expiration, the easier it is to make that guess and the less risk there is. That may either increase or decrease the value of the option."}
{"_id": "78787", "title": "", "text": "\"I'm really surprised at the answers here. Claims/year per region isn't a statistic that is meaningful here... you need to think about the risk factors and the purpose of the insurance. First, what does title insurance do? It protects you against defects in the deed -- defects that may crop up and mean that your mortgage is no longer valid. This is different from most forms of insurance -- the events that render your title invalid are events that may have happened years, decades or even centuries ago. A big part of the insurance policy and its cost is conducting research to assess the validity of a deed. The whole point of the insurance is to reduce claims by improving data associated with the \"\"chain of custody\"\" of the property. So how do you evaluate the risk of finding out about something that happened a long time ago, that nobody appears to know about? IMO, you have to think about risk factors that increase the probability that things were screwed up in the past: You need to have an informed discussion with your attorney and figure out if it makes sense for you. Don't dismiss it out of hand.\""}
{"_id": "78791", "title": "", "text": "At SMSGATEWAYHUB operates under the firm \u201cSUN Mobile Marketing\u201d and is located in Indore, Madhya Pradesh, India. We believe in customer satisfaction as topmost priority above anything or everything. We\u2019re couple of dedicated individuals striving hard to deliver bulk sms service at best rates ever possible without compromising the quality. Sales : +91-731-6452444, +91-731-6450666 Support : +91-731-6007555 Email: support@smsgatewayhub.com"}
{"_id": "78803", "title": "", "text": "So let me see if I'm following.  You're only vaguely aware of the situation, unaware of the person we're discussing, and don't even seem to have read the article.   Why do you think your opinion holds weight? Sure, we could come up with a hypothetical where this makes sense, but that has nothing to do with the situation at hand."}
{"_id": "78807", "title": "", "text": "Which was why I gave the example of the PA recognized waiver for leases.  PA landlord/tenant law requires 10 day notice to be given to the tenant prior to filing a court action.  PA courts have recognized, for decades, that this right can be waived.  Waiving your right to notice has been one of the standard clauses in PA leases for well over 3 decades."}
{"_id": "78813", "title": "", "text": "The simplest way is you transfer the funds into your NRE account in India. From the NRE account transfer the funds to your brother-in-law and show the purpose as Loan. From 2012 onwards RBI has simplified things under FMEA and your brother-in-law can deposit/repay the loan back into the NRE account. Once the funds are in NRE account you can repatriate then whenever you like. This entire process requires less paperwork. The option you have suggested is also fine, however your brother-in-law needs to engage the services of a CA and he will authenticate the purpose of remittance to the Bank. Based on this certificate the Bank will transfer the funds outside of India."}
{"_id": "78816", "title": "", "text": "Large volume just means a lot of market participants believe they know where the stock price will be (after some amount of time).  The fact that the price is not moving just means that about 50% of those really confident traders think the stock will be moving up, and about 50% of those really confident traders think the stock will be moving down."}
{"_id": "78825", "title": "", "text": "You question is a bit scary to me. You show $2100 rent, and let's even assume that's 100%, i.e. never a vacancy. (Rule of thumb is 10% vacancy. Depending on area, a tenant may stay a year, but when they leave, you might need to have a bit of maintenance and miss 2 months rent) You count the mortgage and taxes, and are left with $500/mo. Where is the list of ongoing expenses? I suggest you put that $500/mo into a separate account and let us know a year from now if anything is left. To Anthony's point. I agree 100%, no one can tell you everything you need to know. But, whatever my answer, or his, other members with experience (similar or different) will add to this, and in the end you'll have a great overview. The truth is that it's easy for me to sit here and see what you may be missing. By the way, if you look at the 'rules of thumb' they will make your head spin. There are those who say the target is for the rent to be 2% of the value of the house. But, there are markets where this will never happen. There's another rule that says the expenses (besides mort/tax) should be planned at 50% of the rent, i.e. you should put aside $1000/mo for expenses over the long term. The new house will be lower of course, but in years past year 10 or so, this number will start to look reasonable."}
{"_id": "78829", "title": "", "text": "I suppose I wouldn't have a choice in that case, assuming I hadn't packed a lunch like so many people seem to do for some odd reason...fortunately, even in that case, I am presented with choices other than McCrapples, some of which is actually edible."}
{"_id": "78837", "title": "", "text": "The value premium would state the opposite in fact if one looks at the work of Fama and French. The Investment Entertainment Pricing Theory (INEPT) shows a graph with the rates on small-cap/large-cap and growth/value combinations that may be of interest as well for another article noting the same research. Index fund advisors in Figure 9-1 shows various historical returns up to 2012 that may also be useful here for those wanting more detailed data. How to Beat the Benchmark is from 1998 that could be interesting to read about index funds and beating the index in a simpler way."}
{"_id": "78842", "title": "", "text": "If you're talking about an ETF trading on Arca, it's probably because of the opening auction: The match price is the price that maximizes the volume that can be executed within the Auction Collars. The Core Open Auction will use the match price closest to the closing price of the previous trading day (based on normal market hours) if more than one indicative match price is valid. The core opening auction doesn't really take the opening session activity into account, as you can see - the market runs an auction and whatever price clears the most volume, within certain limits, is the opening print."}
{"_id": "78865", "title": "", "text": "I have sold cars before to individuals and always just received cash.  I would think as long as the amount is less than $10,000.00 and the buyer is serious they will get there with the cash.  Of course there is no possible way to guarantee the cash will not be counterfeit."}
{"_id": "78867", "title": "", "text": "&gt; Microsoft\u2019s chief executive, Steven A. Ballmer, called Windows 8 \u201cthe beginning of a new era at Microsoft.\u201d   I'm glad he said that, because it seems like Uncle Fester hasn't been right about anything since taking over."}
{"_id": "78893", "title": "", "text": "Contrary to most other advise given here, I'd recommend (in your situation) not to invest in stock (yet). There are some 'hidden' cost to investing that will eat your profit and in the end, that's why you are investing. Banks will charge for buying, selling and maintaining stock as well as for cashing dividends. Depending on which bank or intermediary these costs will rise. So, my advise is to start playing with stock creating a virtual portfolio and track that. Just as duffbeer says, start saving. Also look at my answer here."}
{"_id": "78912", "title": "", "text": "Not by you. Your bank might have to fill some reports for the IRS, but for the customer, nothing needs to be done. As long as the money is not income from illegal activity you don't need to worry about it."}
{"_id": "78934", "title": "", "text": "I'd say that the assets are 'invested' in non-productive sectors of the economy such as the finance sector. Also in pure market speculation and in revolving corporate acquisitions which inflate the nominal money supply but don't increase either physical production or services delivered by one thimble or one minute."}
{"_id": "78948", "title": "", "text": "If you have a trailer, you know how difficult it can be to tow a trailer safely and easily using standard factory equipment. If you are looking to improve your towing capability, and ensure that your trip is safe, you need to check out Hayman Reese tow bars and other safety equipment."}
{"_id": "78964", "title": "", "text": "&gt;\u201cWe want to help the people who may transition to a new job as a result of our technology the best way we know how: education.\u201d  &gt;As new technology destroys one kind of job, it creates opportunities for others. We\u2019ll need fewer line cooks, they say, but more engineers and technicians. The problem isn\u2019t that jobs are lost on net, it\u2019s the resulting skills gap. Transitioning into new work can be difficult to navigate, especially for low-wage workers.  The argument that automation will only result in different jobs bothers me. Of course there will be a net loss in jobs. If replacing line cooks with robots results in an equal number of (higher paid) technicians and engineers, why spend the capital to replace the cheaper line cooks in the first place?  The problem *is* that the jobs lost are net."}
{"_id": "78973", "title": "", "text": "Imaging driving a bicycle turned backwards, steering it with the steering wheel in the back, while trying to keep to the center of the road. Just keeping going down the road requires a huge degree of control, and constant small adjustments... If you get it trouble, and turn the wheel in the wrong direction, the trouble increases exponentially, ending in a huge crash.  Now the swirling road is futures market, the bicycle is your account, turning the steering wheel left and right is going long or short futures, with steering wheel angle being your position size."}
{"_id": "78989", "title": "", "text": "&gt;This is a socially good and useful function  I think that is highly dependant on how the corporation operates. If it leads to lower employment (for example by destroying most independent coffee shops) and the expatriation of profits then how is it good for a country? Corporate desire for profits goes far beyond capitalism into systematic illegal behaviour, it is the standard and is only altered when they're caught for a specific behaviour."}
{"_id": "79004", "title": "", "text": "Phones set to automatically pick the carrier/network will go bounce around a lot internationally (probably due to signal strength). The phones probably saw the other networks providing stronger signal and so they switched. Manually picking the network should prevent this from happening, unless the network has towers on both sides of the border, then there's something fishy going on.   I'm not sure if Verizon does it, but AT&amp;T messages you when you go somewhere not in your plan and tells you how much it will cost to use data and call. That could have alerted these people to the issue before they were charged hundreds of dollars."}
{"_id": "79009", "title": "", "text": "lol @ savings accounts.  I don't use savings accounts. I just use checking for liquidity and invest everything else. Now if you have a job that prohibits trading on your own account that's understandable but if you have the knowledge might as well use it and make some $$$"}
{"_id": "79014", "title": "", "text": "While the standard measure of inflation, the CPI, has [severe problems](https://www.forbes.com/sites/perianneboring/2014/02/03/if-you-want-to-know-the-real-rate-of-inflation-dont-bother-with-the-cpi/), there are still a huge range of inflation statistics from the various M values to specific commodity prices. Regardless of the relative value of any of these, stealing pension funds is immoral, evil, and destabilizing."}
{"_id": "79034", "title": "", "text": "Yeah, not to disparage solar, but solar.  It's not a good idea to have government pick winners and losers.  Without government picking oil decades ago we'd probably have solar already, without subsidies.  Without government picking automobiles (via government built interstate highways) we'd probably have a robust high speed passenger rail system."}
{"_id": "79038", "title": "", "text": "I used a large portion of my 401k to pay off my credit card.  My intentions were to then use my extra cash flow to build up the 401k again.  Unfortunately I didn't learn my lesson and now I'm back to where I started, minus my 401k savings.  If I could do it again, I would have cut up the card, kept the 401k and pay it down slowly.  Good luck to you.  I hope you do better than I did."}
{"_id": "79049", "title": "", "text": "Yes, it is a very good idea to start your credit history early.  It sounds like you have a good understanding of the appropriate use of credit, as a substitute for cash rather than a supplement to income.  As long as you keep your expenses under control and pay off your card each month, I see no problems with the idea. Try to find a card with no annual fees, a low interest rate if possible (which will be difficult at your age), and with some form of rewards such as cash back.  Look for a reputable issuing bank, and keep the account open even after you get a new card down the road.  Your credit score is positively correlated with having an account open for a long time, having a good credit usage to credit limit ratio, and having accounts in good standing and paid on time."}
{"_id": "79050", "title": "", "text": "Vinyl is to hipsters as ceramic figurines are to old women.  I played vinyl when I was a kid, since that's all there was back then.  I got back into it several years ago, when you could still find good used records for under $1.  Those are all gone now.  You're paying $30-$40 for poorly pressed new records.  It's not worth it.  A few years ago I started buying used CDs.  They're selling for 25\u00a2 to $1 these days.  CDs are - objectively and scientifically - better than records.  Look here if you don't believe me:   http://wiki.hydrogenaud.io/index.php?title=Myths_(Vinyl)  I rip CDs to my server and select music using my tablet as a remote control.  It's pretty wonderful.  Oh yeah, I'm putting all those CDs into deep storage.  When the hipsters start going wild over vintage CDs about ten years from now, I'm going to sell them all and buy a nice new car."}
{"_id": "79060", "title": "", "text": "It feels a bit like the entire system needs an overhaul, one wonders if a more automated economy and rising presence of AI will enable it or be an ethical barrier. It seems there's poor long-term planning for these sorts of issues where UBI is a last-ditch fix for a system that's no longer working for the working class."}
{"_id": "79063", "title": "", "text": "\"You've got it nailed down mostly and you found some really good insightful articles to help you understand the context here.  Dont misunderstand this... This issue is extremely complicated.  The one thing you are I think misunderstanding is that \"\"closing loopholes\"\" is a turn key solution and it really isn't. Loopholes are an extremely ambiguous term there's no list of loopholes out there to chase down and regulate for.  And even if there was once they were killed more would sprout up.  Most of the commenters here want to instead disincentivize loophole chasing by making the corp tax rate equal to those of other countries and removing repatriation tax so money made abroad can be brought back to the US.\""}
{"_id": "79083", "title": "", "text": "\"All right, I will try to take this nice and slow. This is going to be a little long; try to bear with me. Suppose you contribute $100 to your newly opened 401(k). You now have $100 in cash and $0 in mutual funds in your 401(k) (and $100 less than you used to somewhere else). At some later date, you use that money within the 401(k) to buy a single share of the Acme World All-Market Index Fund which happens to trade at exactly $100 per share on the day your purchase goes through. As a result, you have $0 in cash and exactly one share of that fund (corresponding to $100) within your 401(k). Some time later, the price of the fund is up 10%, so your share is now worth $110. Since you haven't contributed anything more to your 401(k) for whatever reason, your cash holding is still $0. Because your holding is really denominated in shares of this mutual fund, of which you still have exactly one, the cash equivalent of your holding is now $110. Now, you can basically do one of two things: By selling the share, you protect against it falling in price, thus in a sense \"\"locking in\"\" your gain. But where do you put the money instead? You obviously can't put the money in anything else that might fall in price; doing so would mean that you could lose a portion of your gains. The only way to truly \"\"lock in\"\" a gain is to remove the money from your investment portfolio altogether. Roughly speaking, that means withdrawing the money and spending it. (And then you have to consider if the value of what you spent the money on can fluctuate, and as a consequence, fall. What's the value of that three weeks old jug of milk in the back of your refrigerator?) The beauty of compounding is that it doesn't care when you bought an investment. Let's say that you kept the original fund, which was at $110. Now, since that day, it is up another 5%. Since we are looking at the change of price of the fund over some period of time, that's 5% of $110, not 5% of the $100 you bought at (which was an arbitrary point, anyway). 5% of $110 is $5.50, which means that the value of your holding is now at $115.50 from a gain first of 10% followed by another 5%. If at the same day when the original fund was at $110 you buy another $100 worth of it, the additional 5% gain is realized on the sum of the two at the time of the purchase, or $210. Thus after the additional 5% gain, you would have not $210 (($100 + $100) + 5%), nor $205 (($100 + 5%) + $100), but $220.50 (($110 + $100) + 5%). See how you don't need to do anything in particular to realize the beauty of compounding growth? There is one exception to the above. Some investments pay out dividends, interest or equivalent in cash equivalents. (Basically, deposit money into an account of yours somewhere; in the case of retirement plans, usually within the same container where you are holding the investment. These dividends are generally not counted against your contribution limits, but check the relevant legal texts if you want to be absolutely certain.) This is somewhat uncommon in mutual funds, but very common in other investments such as stocks or bonds that you purchase directly (which you really should not do if you are just starting out and/or feel the need to ask this type of question). In that case, you need to place a purchase order yourself for whatever you want to invest the dividend in. If you don't, then the extra money of the dividend will not be growing along with your original investment.\""}
{"_id": "79084", "title": "", "text": "First thing that popped into my head was tanning salons.  You can be a member at differing levels of service (for different qualities of tanning beds) and you can also pay a one-time fee at an inflated price.  Basically, for the price of three (services) you could have unlimited access (to beds of the same type) by paying up front for a month.  All memberships in this arena come with pages of legal contract to sign, so having training in place for the documentation of this is important.  Enrolling individuals during peak business hours can be labor intensive, so prices insentivize individuals to 1) return hassle-free for more services and 2) pay all at once for said services."}
{"_id": "79086", "title": "", "text": "&gt; She did nothing to fix it.  You cannot really say that.  She took some shots.  I think she did a bad job, but she also seemed to slow the freefall of poorly managed company that never seemed to know what it wanted to become."}
{"_id": "79091", "title": "", "text": "For the record, I am the original question-asker and I'm reporting back to say that the approach described in the accepted answer did not work. I am adding a new answer, rather than commenting on the accepted answer, because of the length of explanation required. I applied for an ITIN by filing a W-7 with all appropriate documentation, including a birth certificate, death certificate, and consular recognition of birth abroad (i.e., proof of U.S. citizenship). The IRS rejected the application, saying that people who are eligible for SSNs can't have ITINs. That placed me in an untenable situation, because even though the IRS said she was eligible for an SSN, the Social Security Administration said they never issue SSNs to dead people as a matter of policy.  So: Insult was added to injury. It is true that I should have applied for an SSN while she was alive, in which case it would have been a simple matter. I just paid the extra tax that was due because of her not counting as a dependent during the years for which I was filing. The amount was not worth fighting over further, or renouncing my U.S. citizenship.  Moral of story: Live, in all ways, as if there is no guarantee your children will be alive tomorrow. Because there is no such guarantee."}
{"_id": "79105", "title": "", "text": "\"Thanks for your question Dai. The circumstances under which these buyouts can occur is based on the US takeover code and related legislation, as well as the laws of the state in which the company is incorporated. It's not actually the case that a company such as Dell needs to entice or force every shareholder to sell. What is salient is the conditions under which the bidder can acquire a controlling interest in the target company and effect a merger. This usually involves acquiring at least a majority of the outstanding shares. Methods of Acquisition The quickest way for a company to be acquired is the \"\"One Step\"\" method. In this case, the bidder simply calls for a shareholder vote. If the shareholders approve the terms of the offer, the deal can go forward (excepting any legal or other impediments to the deal). In the \"\"Two-Step\"\" method, which is the case with Dell, the bidder issues a \"\"tender offer\"\" which you mentioned, where the current shareholders can agree to sell their shares to the bidder, usually at a premium. If the bidder secures the acceptance of 90% of the shares, they can immediately go forward with what is called a \"\"short form\"\" merger, and can effect the merger without ever calling for a shareholder meeting or vote. Any stockholders that hold out and do not want to sell are \"\"squeezed out\"\" once the merger has been effected, but retain the right to redeem their outstanding shares at the valuation of the tender offer. In the case you mentioned, if shareholders controlling 25% of the shares (not necessarily 25% of the shareholders) were to oppose the tender offer, there would be serveral alternatives. If the bidder did not have at least 51% of the shares secured, they would likely either increase the valuation of the tender offer, or choose to abandon the takeover. If the bidder had 51% or more of the shares secured, but not 90%, they could issue a proxy statement, call for a shareholder meeting and a vote to effect the merger. Or, they could increase the tender offer in order to try to secure 90% of the shares in order to effect the short form merger. If the bidder is able to secure even 51% of the shares, either through the proxy or by way of a controlling interest along with a consortium of other shareholders, they are able to effect the merger and squeeze out the remaining shareholders at the price of the tender offer (majority rules!). Some states' laws specify additional circumstances under which the bidder can force the current shareholders to exchange their shares for cash or converted shares, but not Delaware, where Dell is incorporate. There are also several special cases. With a \"\"top-up\"\" provision, if the company's board/management is in favor of the merger, they can simply issue more and more shares until the bidder has acquired 90% of the total outstanding shares needed for the \"\"short form\"\" merger. Top-up provisions are very common in cases of a tender offer. If the board/management opposes the merger, this is considered a \"\"hostile\"\" takover, and they can effect \"\"poison pill\"\" measures which have the opposite effect of a \"\"top-up\"\" and dilute the bidders percent of outstanding shares. However, if the bidder can secure 51% of the shares, they can simply vote to replace the current board, who can then replace the current management, such that the new board and management will put into place whatever provisions are amenable to the bidder. In the case of a short form merger or a vote to effect a merger, the shareholders who do not wish to sell have the right to sell at the tender price, or they can oppose the deal on legal grounds by arguing that the valuation of the tender offer is materially unfair. However, there are very few cases which I'm aware of where this type of challenge has been successful. However, they do not have the power to stop the merger, which has been agreed to by the majority of the shareholders. This is similar to how when the president is elected, the minority voters can't stop the new president from being inaugurated, or how you can be affected if you own a condo and the condo owners' association votes to change the rules in a way you don't like. Tough luck for you if you don't like it! If you want more detail, I'd recommend checking out a web guide from 2011 here as well as related articles from the Harvard Law blog here. I hope that helps!\""}
{"_id": "79111", "title": "", "text": "In the short term the market is a popularity contest In the short run which in value investing time can extend even to many years, an equity is subject to the vicissitudes of the whims by every scale of panic and elation. This can be seen by examining the daily chart of any large cap equity in the US.  Even such large holdings can be affected by any set of fear and greed in the market and in the subset of traders trading the equity. Quantitatively, this statement means that equities experience high variance in the short rurn. in the long term [the stock market] is a weighing machine In the long run which in value investing time can extend to even multiple decades, an equity is more or less subject only to the variance of the underlying value. This can be seen by examining the annual chart of even the smallest cap equities over decades.  An equity over such time periods is almost exclusively affected by its changes in value. Quantitatively, this statement means that equities experience low variance in the long run."}
{"_id": "79119", "title": "", "text": "Money is no longer backed by gold. It's backed by the faith and credit of the issuing government. A new country,say, will first trade goods for dollars or other currency, so its ownership of gold is irrelevant. Its currency will trade at a value based on supply/demand for that currency. If it's an unstable currency, inflating too quickly, the exchange rate will reflect that as well.  More than that your question kind of mixes a number of issues, loosely related. First is the gold question, second, the question of currency exchange rates and they are derived, with an example of a new country. Both interesting, but distinct processes."}
{"_id": "79129", "title": "", "text": "If you're creating an S-Corp for consulting services that you personally are going to provide, what would it give her to have 50% of the corporation when you're dead? Not to mention that you can just add it to your will that the corporation stock will go to her, and it will be much better (IMHO, talk to a professional) since she'll be getting stepped-up basis. Why aren't you talking to a professional before making decisions? It doesn't sound like a good way to conduct business."}
{"_id": "79136", "title": "", "text": "a great piece dedicated to all secured business loan applicants out there. it offers information on what entrepreneurs should look for in start up financing deals to ensure that the lines of credit they will take out will surely suit the needs and budget of their respective shops and stores."}
{"_id": "79142", "title": "", "text": "Like others mentioned you need to look at the big picture. Personally I'm not a fan of insurance based investments. They tend to have horrible track records and you're locked it and paying way to much money for them. I had one for a number of years and when I finally cancelled it I pulled out almost the exact amount I put in. So it basically grew at either zero or negative interest for 5+ years.  I ended up buying Term Life and took the difference and invested it in a Roth 401K. Much better use of my money. The reason why insurance people push these policies so hard is that they make insane commission on it over 2-3 years (I asked my insurance guy about it and he admitted that, plus doing some research you'll find that out as well). Hope this helps somewhat."}
{"_id": "79143", "title": "", "text": "\"It's just a rule of thumb, and so it's done from gross to make it easy. If you make $3300 a month, and spent $1000 a month on rent, you're at the limit of what you can afford. It's not like if it's 30.0001% you're screwed but if it's 29.999% everything's fine. Some rents won't include things (wifi, cable, utilities) that others do. Some locations will require you to spend more on transportation. So the real \"\"ok\"\" range is quite wide. But if you're at 60% of gross on rent, you literally cannot make that work because after deductions, you won't have any money for food. If you're at 10% of gross on rent, you probably have a lot more money left over than most people.\""}
{"_id": "79150", "title": "", "text": "IMO, it's a good deal. Pre-paying 3% interest is better than accruing it at 1-2% per month. The other nice thing about it is that all of your payments hit the principal."}
{"_id": "79153", "title": "", "text": "A 401k plan will ask you to name a beneficiary who will receive the funds if you don't withdraw them all before death. Usually, a primary beneficiary and a secondary beneficiary is requested. If you don't specify a beneficiary, your estate is the beneficiary by default.  Note that the name supplied to the 401k plan is who will get the money, and you cannot change this by bequeathing the money in your will. For example, if you neglected to change the beneficiary upon divorce, it is useless to say in your will that the money in the 401k plan goes to your new wife; the 401k plan will give it to your ex-wife who still remains the beneficiary of your 401k Money in a 401k plan is what is called income with respect to a decedent (IRD)  on which income tax is levied, and it is also is part of your estate and thus liable to be subject to estate tax.  The latter is true even if the 401k plan assets are not mentioned anywhere in your will, and even if the assets got sent to your ex-wife which is not what you wanted to have happen.  There are various estate tax exceptions for spouse beneficiaries (no  estate tax due now, but will be charged when the spouse passes away). With regard to income tax, the beneficiaries of a 401k plan (similarly IRAs, 403b plans etc) generally get to take the whole amount and pay the income  tax themselves. Edit in response to littleadv's comments: Each 401k plan is different, and some plans, especially the smaller ones, may prefer to distribute the  401k assets as a lump sum rather than allow the beneficiaries to withdraw  the money over several years (and pay income tax on the amount withdrawn each year). This is because there are far too many rules and regulations to trip over when making withdrawals over several years. The lump sum distribution can be transferred into a newly established  Inherited IRA (see the Nolo article linked to in @littleadv's answer for some details and some pitfalls to avoid) and the income tax is thus deferred until withdrawals occur.  Spouse  beneficiaries are entitled to more generous rules than non-spouse  beneficiaries. If your heirs are otherwise well provided for and you are in a  philanthropic mood (or you don't want to give 'em a dime, the ungrateful... who never call, not even on Father's Day!), one way of avoiding a  lot of tax is to make the beneficiary of your 401k be one or more of your favorite charities. In fact, if your testamentary inclination is to make some charitable bequests as part of your will, it is much more advantageous to give money from a tax-deferred account to the charity (size of estate is reduced, no income  tax paid by anyone on amount given), and bequeath assets in non-retirement accounts to one's heirs (bequests are not taxable income, and heirs get a step up in basis for assets that have appreciated) rather than the other way around (heirs pay income tax as they withdraw the money from tax-deferred  account) Estate planning is a complicated business, and you really should talk to a professional about such matters and not rely on advice from an Internet forum."}
{"_id": "79219", "title": "", "text": "It would probably never make sense to do that. Why would you? You'll end up in the bankruptcy court either way, since you won't be able to pay off the loan, and you cannot maintain the monthly payments without getting into more debt. IRA is shielded from bankruptcies, in most States, so it will probably stay with you afterwards. In any case - it will provide you some income when you're old and cannot keep up working. Unfortunately, Federal student loans are also shielded, but the rest of you debt - isn't. I suggest trying to fix your budgets and see how you can improve your earnings to be able to maintain your payments. I can't understand how you could have racked up $140K student debt and have a career at which you earn $55K/year for an experienced employee."}
{"_id": "79220", "title": "", "text": "\"This would be on your credit for ~8 years.   If it goes according to your plan, it will take 6 months to a year to do the settlement by getting behind enough to let it go to collections and then settling.   The write-off will then be on your credit record for 7 years before it \"\"falls off\"\". Your cash out refinance would have to cover you for at least the next 8 years to be valuable. And you have a lot of assumptions to get there: In short, there's one way (or only a few ways) this works out well in your favor.  There are many ways that this has the chance to hurt you.    I don't like \"\"investments\"\" with those kind of odds.\""}
{"_id": "79225", "title": "", "text": "I knew someone (in PA) who wanted to do specialty breads in her kitchen to sell at farmers markets. The health department nixed the idea due to a dog living in the house. (Which really isn't wrong. Just posting as an FYI)"}
{"_id": "79246", "title": "", "text": "ETFs don't need sell-side research (yes they do, no they don't).  They need to keep their fees minimal.  Mutual funds need equity research and they charge beefy fees to pay for it.  Look at the flows into mutual funds and the flows into ETFs and make your own mind up.  However, bear in mind that there will always be *some* demand for really good research.  It just probably isn't a growing field.  It will be a shrinking field where the best of the best do well and everyone else is playing a game of Survivor trying not to get kicked off the island."}
{"_id": "79270", "title": "", "text": ".on intraday basis in stock market sensex start its trading at 15878, up 64 points, and Nifty is at 4752, up 18 points.today trend is expecting volatile.  1-Buy AANJANEYA @ 510 , stoploss 500 , target 518 - 526 - 538 \u2013 550. 2-HUL buy above 410 with the target of 414 with the stop loss of 406.50."}
{"_id": "79275", "title": "", "text": "Foreign stocks tend to be more volatile -- higher risk trades off against higher return potential, always. The better reason for having some money in that area is that, as with bonds, it moves out-of-sync with the US markets and once you pick your preferred distribution, maintaining that balance semi-automatically takes advantage of that to improve your return-vs-risk position. I have a few percent of my total investments in an international stock index fund, and a few percent in an international REIT, both being fairly low-fee. (Low fees mean more of the money reaches you, and seems to be one of the better reasons for preferring one fund over another following the same segment of the market.) They're there because the model my investment advisor uses -- and validated with monte-carlo simulation of my specific mix -- shows that keeping them in the mix at this low level is likely to result in a better long-term outcome than if i left them out. No guarantees, but probabilities lean toward this specfic mix doing what i need. I don't pretend to be able to justify that via theory or to explain why these specific ratios work... but I understand enough about the process to trust that they are on (perhaps of many) reasonable solutions to get the best odds given my specific risk tolerance, timeline, and distaste for actively managing my money more than a few times a year. If that."}
{"_id": "79286", "title": "", "text": "**Here's a sneak peek of /r/misophonia using the [top posts](https://np.reddit.com/r/misophonia/top/?sort=top&amp;t=year) of the year!**  \\#1: [To the guy who sat next to me in the movie theatre and proceeded to eat a personal pizza...](https://np.reddit.com/r/misophonia/comments/65a5sy/to_the_guy_who_sat_next_to_me_in_the_movie/)   \\#2: [lmao i made something](http://i.imgur.com/drjdaMK.jpg) | [8 comments](https://np.reddit.com/r/misophonia/comments/5lt3nu/lmao_i_made_something/)   \\#3: [YOU ARE A GODDAMN ADULT, CHEW WITH YOUR MOUTH CLOSED](https://np.reddit.com/r/misophonia/comments/6v8a1g/you_are_a_goddamn_adult_chew_with_your_mouth/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "79288", "title": "", "text": "Let me ask you another question: if that person stayed at home and made a widget instead, would exporting that widget benefit his home country? There is no difference, economically, between the two situations. A foreign worker sending home remittances is no different from a local manufacturer exporting their products. Both are earning export dollars for themselves and their home countries. Is this a good thing or a bad thing? Clearly, the answer is yes - this is a good thing or a bad thing but we cannot know which in isolation. However, in general, foreign worker remittances are overwhelmingly beneficial for the host (which gets work done that otherwise would not be done) and the source (which gets export income. With reference to your particular question about local inflation, a rise in exports causes appreciation in the exchange rate i.e. local currency becomes more expensive with respect to (in this case) the Euro. Appreciation in the exchange rate actually puts downward pressure on inflation. However, the absence of our worker from the local economy puts upward pressure on local wages and and hence inflation. Both of these effects are small and other factors will dominate them."}
{"_id": "79311", "title": "", "text": "Hello, My names Michael and I'm a 19 year old college student. I have recently decided to begin a music production career from scratch. Music is my favorite and only outlet that lets me unwind and truly feel at peace. I dont do drugs or alcohol and my favorite pass times are listening to music and creating beats on my laptop. I come from a relatively lower middle-class family so my parent's arent financially able to help me acquire some of the tools i need to advance myself musically. The funds that i receive if any will be used towards a mini player and better music production software whatever it may be and also some speakers. I would honestly be forever grateful to anyone that decides to donate and help me out. ANY amount would be deeply appreciated. Thank you for taking the time to read my story and i hope you have a blessed day. All Love."}
{"_id": "79319", "title": "", "text": "He owns some giants. I'd bet Coca-Cola is his biggest cash cow.   This is a non-story. The revenue naturally follows actual value provided, as opposed to buying and selling shares with the swings of the stock market.   Buffet buys and holds, and builds and collects the revenue from his companies, that's been his core philosophy since the beginning."}
{"_id": "79337", "title": "", "text": "\"While you\u2019re new or relatively new to this idea then the fitting idea is to perform a little research and primary get conversant in what\u2019s possible with offshore investment opportunities.  I couldn't agree more. A good way to begin this research would be to do an online search for an investment opportunity called \"\"Royal Siam Trust.\"\"\""}
{"_id": "79342", "title": "", "text": "I inherited nothing and have retired comfortably in my 50s after some hard work, tradeoffs etc., however I am quite certain that there are millions who are more intelligent, harder-working, talented and haven't had my luck.  Good luck can get you there, bad luck will stop you, in either case more completely than inheritance, contacts, diligence or talent.  It's worth remembering that the best luck is good health."}
{"_id": "79348", "title": "", "text": "\"Isn't calling something unilaterally \"\"fake news\"\" basically the opposite side of that same coin?  It's a \"\"joke\"\" when you don't want people to take *you* at face value.  It's \"\"fake news\"\" when you don't want people to take *information* at face value.  Both are convenient ways to dismiss criticism and responsibility.\""}
{"_id": "79357", "title": "", "text": "\"The charts on nasdaq.com are log based, if you look closely you can see that the spacing between evenly incremented prices is tighter at the top of the chart and wider at the bottom.   It's easiest to see on a stock with a wide price range using candlestick where you can clearly see the grid.  I'm also not seeing the \"\"absurdism\"\" you indicate when I look at google finance with the settings ticked to use log on the price axis.  I see what I'd expect which is basically a given vertical differential on the price axis representing the same percentage change in price no matter where it is located. For example if I look at GOOG from the earliest date they have (Aug 20 2004) to a nice high point (dec 7 2007) I see a cart where the gap from the the bottom of the chart (seems to be right around 100) to the 200 point, (a 100% increase) is the same as from 200 to 400 (a 100% increase) is the same as 400 to 800 (a 100# increase)   That's exactly what I expect from a 'log' chart on a financial site, each relative move up or down of the same distance, represents the same relative change in value. So I'm having difficulty understanding what your complaint is. (note: I'm using chrome, which is the browser I'd expect to work best with any google website.  results with other browsers could of course vary)  If you want to do some other wacky math with the axis then I humbly suggest that something like Excel is your friend.   Goto the charts at nasdaq.com  get the chart displaying the period you care about, click the chart to display the unlying data, there will be an option to download the data.  cram it into excel and go wild as you want with charting it out.  e.g. note that step 2 links to client side javascript, so you will need javascript enabled, if you are running something like noscript, disable it for this site.  Also since the data opens in a new window, you may also need to enabled 'popups' for the site. (and yes, I sometimes get an annoying news alert advert popup  and have to close it when the chart first appears.. oh well it pays the rent and nasdaq is not charging you so for access so such is the price for a free site. )\""}
{"_id": "79363", "title": "", "text": "Mathwise, I absolutely agree with the other answers.  No contest, you should keep getting the match.  But, just for completeness, I'll give a contrarian opinion that is generally not very popular, but does have some merit.   If you can focus on just one main financial goal at a time, and throw every extra dollar you have at that one focus (i.e., getting out of debt, in your case), you will make better progress than if you're trying to do too many things at once.  Also, there something incredibly freeing about being out of debt that has other beneficial impacts on your life. So, if you can bring a lot of focus to the credit card debt and get it paid off quickly, it may be worth deferring the 401(k) investing long enough to do that, even though it doesn't make as much mathematical sense.  (This is essentially what Dave Ramsey teaches, BTW.)"}
{"_id": "79364", "title": "", "text": "Hurricanes are not good for the economy. They might be good for GDP, but GDP is not a good measure of the economy in cases of natural disasters.   [The increase in GDP is due to rebuilding and replacing things that existing prior to the disaster](http://www.marketwatch.com/story/no-hurricanes-are-not-good-for-the-economy-2017-08-28). There is no increase in the size of the economy or improvements in living standards. Also see: [the parable of the broken window](http://www.investopedia.com/ask/answers/08/broken-window-fallacy.asp) for why disasters are not good for the economy."}
{"_id": "79375", "title": "", "text": "The presence of the 401K option means that your ability to contribute to an IRA will be limited, it doesn't matter if you contribute to the 401K or not. Unless your company allows you to roll over 401K money into an IRA while you are still an employee, your money in the 401K will remain there. Many 401K programs offer not just stock mutual funds, but bond mutual funds, and international funds. Many also have target date funds. You will have to look at the paperwork for the funds to determine if any of them meet your definition of low expense. Because any money you have in those 401K funds is going to remain in the 401K, you still need to look at your options and make the best choice. Very few companies allow employees to invest in individual stocks, but some do. You can ask your employer to research other options for the 401K. The are contracting with a investment company to make the plan. They may be able to switch to a different package from the same company or may need to switch companies. How much it will cost them is unknown. You will have to understand when their current contract is up for renewal.  If you feel their current plan is poor, it may be making hiring new employees difficult, or ti may lead to some employees to leave in search of better options. It may also be a factor in the number of employees contributing and how much they contribute."}
{"_id": "79378", "title": "", "text": "\"1) Don't buy a house as an investment. Buy a house because you've reached the point in your life where you don't expect to move in the next five years and you'd prefer to own a house (with its advantages/disadvantages) than to rent (with its advantages/disadvantages). Thinking of houses primarily as investments is what caused the housing bubble, crash, and Great Recession. 2) Before buying a house for cash, look at the available mortgage interest rates versus market rate of return. Owning the house outright is slightly lower stress, but using the house as the basis for a \"\"leveraged investment\"\" may be financially wiser. (I compromised; I paid 50% down and took a mortgage for the other 50%.) 3) 1 year is short-term. Your money doesn't belong in the market if you're going to need it in the short term. If you really intend to pull it back out that soon, I'd stick with CD/money-market kinds of instruments. 4) Remember that while a house is illiquid, it is possible to take out home equity loans... so money you put into a house isn't completely inaccessible. You just can't move elsewhere as easily.\""}
{"_id": "79397", "title": "", "text": "\"What do you mean by 'make'?  I am in the US, but I'm sure it's typical that any business has a \"\"bottom line\"\", the profit after all costs including paper losses for things like depreciation. This is then taxed, either at the business level or to the individual. The individual's person expenses don't come into play, unless those expenses are tied to the business, e.g. Some kind of function at their house which includes clients/customers.\""}
{"_id": "79410", "title": "", "text": "On NYSE it isn't the equity which is listed but is an ADR(American Depositary Receipt). Source A negotiable certificate issued by a U.S. bank representing a specified number of shares (or one share) in a foreign stock that is traded on a U.S. exchange. ADRs are denominated in U.S. dollars, with the underlying security held by a U.S. financial institution overseas. ADRs help to reduce administration and duty costs that would otherwise be levied on each transaction. Else people would make a killing on the arbitrage opportunity. Frankly speaking arbitrage opportunities are more or less non existent. They occur for maybe seconds or milliseconds and the HFT firms and banks trade on it to remove the arbitrage."}
{"_id": "79411", "title": "", "text": "\"This is not an end-all answer but it'll get you started I have been through accounting courses in college as well as worked as a contractor (files as sole proprietor) for a few years but IANAA (I am not an accountant). Following @MasonWheeler's answer, if you're making that much money you should hire a bean counter to at least overlook your bookkeeping. What type of business? First, if you're the sole owner of the business you will most likely file as a sole proprietorship. If you don't have an official business entity, you should get it registered officially asap, and file under that name. The problem with sole proprietorships is liability. If you get sued, not only are your business' assets vulnerable but they can go after your personal assets too (including house/cars/etc). Legally, you and your business are considered one and the same. To avoid liability issues, you could setup a S corporation. Basically, the business is considered it's own entity and legal matters can only take as much as the business owns. You gain more protection but if you don't explicitly keep your business finances separate from your personal finances, you can get into a lot of trouble. Also, corporations generally pay out more in taxes. Technically, since the business is it's own entity you'll need to pay yourself a 'reasonable salary'. If you skip the salary and pay yourself the profits directly (ie evade being taxed on income/salary) the IRS will shut you down (that's one of the leading causes of corporations being shut down). You can also pay distribute bonuses on top of that but it would be wise to burn the words 'within reason' into your memory first. The tax man gets mad if you short him on payroll taxes.  S corporations are complicated, if you go that route definitely seek help from an accountant. Bookkeeping If you're not willing to pay a full time accountant you'll need to do a lot of studying about how this works. Generally, even if you have a sole proprietorship it's best to have a separate bank account for all of your business transactions. Every source/drain of money will fall into one of 3 categories... Assets - What your business owns: Assets can be categorized by liquidity. Meaning how fast you can transform them directly into cash. Just because a company is worth a lot doesn't necessarily mean it has a lot of cash. Some assets depreciate (lose value over time) whereas some are very hard to transform back into cash based on the value and/or market fluctuations (like property). Liabilities - What you owe others and what others owe you: Everything you owe and everything that is owed to you gets tracked. Just like credit cards, it's completely possible to owe more than you own as long as you can pay the interest to maintain the loans. Equity - the net worth of the company: The approach they commonly teach in schools is called double-entry bookkeeping where they use the equation: In practice I prefer the following because it makes more sense: Basically, if you account for everything correctly both sides of the equation should match up. If you choose to go the sole proprietorship route, it's smart to track everything I've mentioned above but you can choose to keep things simple by just looking at your Equity. Equity, the heart of your business... Basically, every transaction you make having to do with your business can be simplified down to debits (money/value) increasing and credits (money/value) decreasing. For a very simple company you can assess this by looking at net profits. Which can be calculated with: Revenues, are made up of money earned by services performed and goods sold. Expenses are made up of operating costs, materials, payroll, consumables, interest on liabilities, etc. Basically, if you brought in 250K but it cost you 100K to make that happen, you've made 150K for the year in profit. So, for your taxes you can count up all the money you've made (Revenues), subtract all of the money you've paid out (Expenses) and you'll know how much profit you've made. The profit is what you pay taxes on. The kicker is, there are gray areas when it comes to deducting expenses. For instance, you can deduct the expense of using your car for business but you need to keep a log and can only expense the miles you traveled explicitly for business. Same goes for deducting dedicated workspaces in your house. Basically, do the research if you're not 100% sure about a deduction. If you don't keep detailed books and try to expense stuff without proof, you can get in trouble if the IRS comes knocking. There are always mythical stories about 'that one guy' who wrote off his boat on his taxes but in reality, you can go to jail for tax fraud if you do that. It comes down to this. At the end of the year, if your business took in a ton of money you'll owe a lot in taxes. The better you can justify your expenses, the more you can reduce that debt. One last thing. You'll also have to pay your personal federal/state taxes (including self-employment tax). That means medicare/social security, etc. If this is your first foray into self-employment you're probably not familiar with the fact that 1099 employers pick up 1/2 of the 15% medicare/social security bill. Typically, if you have an idea of what you make annually, you should be paying this out throughout the year. My pay as a contractor was always erratic so I usually paid it out once/twice a year. It's better to pay too much than too little because the gov't will give you back the money you overpaid. At the end of the day, paying taxed sucks more if you're self-employed but it balances out because you can make a lot more money. If as you said, you've broken six figures, hire a damn accountant/adviser to help you out and start reading. When people say, \"\"a business degree will help you advance in any field,\"\" it's subjects like accounting are core requirements to become a business undergrad. If you don't have time for more school and don't want to pay somebody else to take care of it, there's plenty of written material to learn it on your own. It's not rocket surgery, just basic arithmetic and a lot of business jargon (ie almost as much as technology).\""}
{"_id": "79415", "title": "", "text": "I don't think either of these answers are accurate. A beta of 0 means that your stock/portfolio does not change accordingly or with the market, rather it acts independent. A beta above 0 means the stock follows what the market does. Which means if the market goes up the stock goes up, if the market goes down, the stock goes down. If the stock's beta is more than 1 the stock will go up more if the market goes up, or go down more if the market goes down. Inversely if the stock is less than 0 the stock will follow the market inversely. So if the market goes up, the stock goes down. If the market goes down, the stock goes up. Again a greater negative beta, the more this relationship will be exaggerated."}
{"_id": "79445", "title": "", "text": "Assuming no debt, as you've specified in the comments to your question, the assets should generally be distributed proportional to ownership share.  BUT, without any sort of agreement, there might be contention on what each investor's share is and that might get fought out in court.  With a corporation issuing shares, the corporate charter probably defines the relationship between different classes of shares (or specifies only one class).  For a partnership though, you could conceivable have people making claims of ownership stake based on labor in addition to any cash that they put up.  Messy if there's no up-front agreement."}
{"_id": "79451", "title": "", "text": "New estimates are that over 3.5 million phony accounts were created by Wells Fargo workers under extreme and intimidating performance pressure to sign up new accounts.   People need to go to jail for this. It's not only criminal it is eroding public confidence in our institutions. Or maybe that's the intention."}
{"_id": "79453", "title": "", "text": "Automated Clearing House transactions are used in the US for direct deposit of pay checks and direct debit of many payments for accounts such as mortgages, credit cards, car loans, insurance premiums, etc. The reason they take one or more business days to clear is that the transactions are accumulated by each processor in the network during the day and processed as a batch at the end of each business day.  The ACH network processes 20+ billion transactions per year worth $40 trillion, (estimates based on 2012 figures)."}
{"_id": "79469", "title": "", "text": "It is an undeniable fact that 95% of all retail forex traders lose money. In order to break free from this crowd of losing traders we must first understand the forex trading strategies they use. Only then can we learn how to trade forex profitably."}
{"_id": "79496", "title": "", "text": "\"Pyramid Schemes are illegal. This is not a pyramid scheme but I wouldn't dive into it unless you either had some killer marketing skills OR you are an extremely social and likable person; like high-school popularity contest winner level, but older.   The affiliate earning system is way more complicated than what you mentioned (in a good way) because there are many ways to earn, but the biggest way to earn requires someone who \"\"knows how to throw a party\"\" or someone who absolutely loves people. (I don't).   I personally am documenting my experience with PMB CBD oil and am posting my no B.S. review about everything from the product to the affiliate system on my personal FB. I'm not a people-person so i don't see me standing on a podium with a little mic around my cheek, but oddly my candid (and often funny) reviews inspired many of my Facebook friends to buy CBD. I get $30 for every bottle i sell through my affiliate page; this is a better way for me to earn than standing up in front of people like Martha Stewart.   It helps if you actually like and use the product because that way you don't feel pressured to sell. I'm experimenting with CBD because I simply can't relax and suffer from some major anxiety and stress attacks.   Results? Well it's 6am and i'm writing to you not freaking out about work tomorrow and browsing for Rick and Morty memes. I like it so far but we'll see.\""}
{"_id": "79507", "title": "", "text": "Yeah, Microsoft's performance review system has had some... criticism in the past. You do get bonuses for excellent work, but in general it's a much more structured system. It's a tradeoff, though - on one hand engineers at Microsoft have a high guaranteed base pay. On the other hand, it's a very inflexible system and it doesn't reward merit as strongly as it could."}
{"_id": "79511", "title": "", "text": "I can say for certain that everyone in my group of friends had to wait a long time to buy homes, some including me still rent, due to the impossibility of saving for a downpayment with sky high rent and $1000+ dollar a month student loan payments. It basically took until they paid the loans off after 10 years or got management level positions at excellent salaries before they could start saving for a down payment.  Probably hundreds of thousands of people have this same experience."}
{"_id": "79513", "title": "", "text": "\"It's not precisely meant for that.  You could do it and get a business loan, though.  But it's not set up to take into account after-production shares, royalties.  It's just a simple \"\"I want 25,000 to develop film\"\" and then a bunch of people give you money and you pay interest.\""}
{"_id": "79516", "title": "", "text": "\"I'm not sure that malice or 'bad people' is the true problem. Surely it will exist in small samples, but that will be the exception. I think the problem norm is boring, routine work.   I'll explain: Given mundane tasks, people unconsciously start to shortcut. They begin taking normal things for granted and they lose the care they originally put into the work. When these employees first started this job, it's likely they were very \"\"kind\"\" to the turkeys and put extra care into the details of their job. They were probably also very slow and compared to seasoned employees, their throughput was low.  Over time, they begin to shortcut. Their throughput increases and they start to match seasoned employees. But they've lost the detail.  They get a little sloppy, they treat the turkeys a little rougher. The minute detail continues to erode with enough repetition that you wind up with employees doing tremendously cruel things to the animals, simply because they are so overexposed and desensitized to the work. The turkey is no longer an animal, it's now become a widget. A widget to move, process, and package.  I won't get into solutions because there's a great number of them that'll work, but I'm not convinced that terrible turkey tyrants are running farms. The type and layout of work has evolved normal employees into this.\""}
{"_id": "79517", "title": "", "text": "Not perhaps practically useful, but I found it conceptually useful to learn the basics of mathematical finance, a way of describing financial markets via probability theory and stochastic processes. It's a little like trying to understand horse racing by studying spherical horses rolling without friction in a vacuum, but it does give you some ways of thinking that may be more appealing to someone with a math background. For instance, there's the idea that shorting a stock is effectively owning negative shares. Option pricing is a common motivation. There's a brief introduction, at the advanced undergraduate level, in Durrett's Essentials of Stochastic Processes. At the graduate level, I liked Ruth Williams' Introduction to the Mathematics of Finance."}
{"_id": "79535", "title": "", "text": "YORKA \u0130N\u015eAAT olarak bu g\u00fcne kadar bir\u00e7ok projede (Mesken, Konut, Villa, Residence, Depo, Fabrika, Sanayi, \u015eah\u0131s ve Site Y\u00f6netimleri, Resmi Kurumlar, Belediyeler, \u00d6zel Kurulu\u015flar, Toplu Konutlar, \u0130n\u015faat Firmalar\u0131 Alt Y\u00fcklenici Hizmetleri) ana ve alt y\u00fcklenici olarak g\u00f6rev ald\u0131k. Tecr\u00fcbeli ekibimiz ve i\u015f kalitemizle her bir projeyi aln\u0131m\u0131z\u0131n ak\u0131yla ve s\u0131f\u0131r problemle tamamlad\u0131k."}
{"_id": "79542", "title": "", "text": "Here are two different sources, one from an actual credit reporting agency, Experian. http://www.experian.com/assistance/sample-credit-report.html http://www.aie.org/manage-your-money/understand-credit/your-interactive-guide-to-credit-reports.cfm If what you want to see an actual real credit report, no one in their right mind is going to show you unless they are a close friend or relative."}
{"_id": "79552", "title": "", "text": "I was able to find several references that claim that the Indo-US treaty provision is limited to five years: Here it says this (on page 20): Generally the treaty exemption for students is limited to the first   five calendar years that the international student is in the U.S.   However there is no set time limit for students from Belgium,   Bulgaria, China, The Netherlands, and Pakistan. However, I couldn't find any specific time limit neither in the treaty nor in the technical explanation. The explanation says: Thus, for example, an Indian resident who visits the United States as   a student and becomes a U.S. resident according to the Code, other   than by virtue of acquiring a green card, would continue to be exempt   from U.S. tax in accordance with this Article so long as he is not a   U.S. citizen and does not acquire immigrant status in the United   States. The saving clause does apply to U.S. citizens and immigrants. However, the treaty explicitly says this: The benefits of this Article shall extend only for such period of time   as may be reasonable or customarily required to complete the education   or training undertaken. The reason for this last paragraph is to ensure that you don't artificially prolong your student status, and the 5 year limit may come out of the interpretation of this specific paragraph. Similar paragraph exists in the US-China treaty, and the explanation for that treaty says this: These exemptions may be claimed only for the period reasonably   necessary to complete the education or training. In some cases, the   course of study or training may last less than year. For most   undergraduate college or university degrees the appropriate period   will be four years. For some advanced degrees, such as in medicine,   the required period may be longer, e.g., seven years. Based on this, it is my personal impression that if you're an undergraduate student and studying the same degree (and not, for example, finished your BA, and started your MS) - you are no longer eligible for the treaty benefit. But I suggest you ask a professional (EA/CPA licensed in your State) for a more reliable tax advice on the matter. I'm not a tax professional and this is not a tax advice."}
{"_id": "79556", "title": "", "text": "I read Q#4 as  Will $250 in one account earn more interest than $250 in five accounts? in which case Excel says no, assuming a constant interest rate for all accounts. I dunno if the same holds true for banks."}
{"_id": "79592", "title": "", "text": "There's nothing illegal in hiring your friends to manage your property or provide you services, and it is definitely deductible. There's nothing specific to reference here, this is a standard deduction for a landlord just as any. I mentioned 1099 in the comments - if the total is over $600 and your friend is not a corporation, then you should issue 1099. That would provide you the necessary substantiation of the deduction (of course you need to keep some documentation that shows the relation between the money paid and the services provided, like a contract, or invoice or receipt). You can (but don't have to) issue 1099 for lower amounts as well. If you don't - you'll need to keep more documents as substantiation - cached checks, documents about the agreement and the amounts, etc. In addition, your deduction may be disallowed if your friend doesn't declare this as taxable income (issuing 1099 helps here since your friend will be forced to declare it, otherwise it will be recorded as a mismatch by the IRS and trigger an audit). As to reimbursements - that would go into the same bucket. They'll have to deduct their expenses from that income on their own taxes. So if you give them $300 for the work, $300 for the miles, and $300 for the materials they bought - you issue the 1099 for $900, and let them deduct the $600 on their own Schedule C."}
{"_id": "79610", "title": "", "text": "For the 1st part of your question. Yes the other taxes still apply. You are only deferring your income tax, not the other taxes. Read the 3rd paragraph: http://www.irs.gov/Retirement-Plans/Plan-Sponsor/401(k)-Resource-Guide-Plan-Sponsors-401(k)-Plan-Overview"}
{"_id": "79612", "title": "", "text": "Credits are expensive, so it's a great advantage to pay in cash. Obviously, it's even more an advantage to pay in cash for a house or a car, of course if you can afford it. But, as annoying as it could be, there are some services, where you're out of option to pay in cash, or even to pay by bank transfer. One of the most prominent examples, Google Play (OK, as I've learned, there are prepaid cards. But Groundspeak, for example, has none.). With the further expansion of Internet and E-Economy there will be more cases like that, where paying in cash is no more an option. Booking of hotels or hostels is already mentioned. There are some that provide no other booking option that giving your credit card number. However, even if the do, for example bank transfer of, say, 20% as reservation fee, please note that international money transfer can be very expensive, and credit card is usually given only for security in case you don't come, and if you do come and pay in cash, no money is taken = no expensive fee for international money transfer and/or disadvantaging currency exchange rate."}
{"_id": "79623", "title": "", "text": "No chance.. cars are much easier to repossess and the cost of doing so is less. People aren't quite as leveraged on autos as they were on homes. Even with a worst case scenario 7 year loan people are usually in par within 3-4 years, in that timeframe on a 30 year mortgage you've barely started paying the interest down. Even at the height of the housing crisis auto loan losses were manageable.. when people were losing their homes at a record pace you'd think they would skip the car payments to make the mortgage. That wasn't the case, people generally kept paying their car notes even when the house was going away. Losing your car is actually much more troublesome to most people.. they will make that payment over all others."}
{"_id": "79633", "title": "", "text": "\"A day or so later I get an email from the mattress company where the rep informs me that they will need to issue me a paper check for the full amount and that I would have to contact Affirm to stop charging me. To which I rapidly answered \"\"Please confirm that with Affirm prior to mailing anything out. On my end the loan was cancelled.\"\" To which the rep replied \"\"confirmed. It has been cancelled.\"\" I think your communication could have been more explicit mentioning that not only was the loan cancelled, you got your initial payments. You have not paid for the mattress. The refund if any should go to Affirm. The Rep has only confirmed that loan has been cancelled. at what point, if any, am i free to use this money? I was planning to just let it sit there until the shoe drops and just returning. But for how long is too long? Sooner or later the error would get realized and you would have to pay this back.\""}
{"_id": "79645", "title": "", "text": "&gt; This again avoids the point, which is that military functions are being outsourced - I assume you really agree, and that to the extent there's a debate, it's only about the extent.  Of course I agree. I was a contractor to both the Department of Defense and the Department of State. I just disagree with the notion that there is any significance to the thought that contractors outnumbered troops in Iraq or Afghanistan. It is an absolutely meaningless statement as there is so much more going on there than would be understood by someone who hadn't seen it in person or worked on the contracts themselves.  At no point during the occupation, prior to the drawdown, did DoD contractors of any nationality outnumber troops. After the drawdown started they did, of course, because that is how the withdrawal was formulated. Contractors outnumber troops in Iraq several hundred to one now."}
{"_id": "79646", "title": "", "text": "\"First off, I would label this as speculation, not investing.  There are many variables that you don't seem to be considering, and putting down such a small amount opens you to a wide variety of risks.  Not having an \"\"emergency fund\"\" for the rental increases that risk greatly.  (I assume that you would not have an emergency fund based upon \"\"The basic idea is to save up a 20% down payment on a property and take out a mortgage\"\".) This type of speculation lent a hand in the housing bubble. Is your home paid off?  If not you can reduce your personal risk (by owning your home), and have a pretty safe investment in real estate.  Mission accomplished. My hope for you would be that you are also putting money in the market.  Historically it has performed quite well while always having its share of \"\"chicken littles\"\".\""}
{"_id": "79655", "title": "", "text": "\"If they allowed people to skip reporting the funds \"\"even though I might not intend to use this money to help my kids through college\"\", then children of a Billionaire would be eligible for financial aid.   In addition you might have reported all your income to the IRS, but the rest of the government isn't able to see that information.\""}
{"_id": "79684", "title": "", "text": "Yikes:  &gt;Ten years after PetroChina peaked on its first day of trading in Shanghai, the state-owned energy producer has lost about $800 billion of market value --**a sum large enough to buy every listed company in Italy**, or circle the Earth 31 times with $100 bills., or circle the Earth 31 times with $100 bills."}
{"_id": "79728", "title": "", "text": "Institute of Supply Management, specifically their Report on Business. Good forward looking indicator.   As far as the weekly report, I'd probably read it, maybe even contribute, but I more of a lurker on this sub. I saw your question and have had some similar experiences so I thought I could help you out."}
{"_id": "79732", "title": "", "text": "Never forget that this country is sitting on the *largest oil reserve in the world*, even the middle east cannot compete. All they had to do was:  * extract the oil  * sell the oil  * profit  But no, they voted communists. They don't even have acces to toilet paper anymore, but they still praise Chavez, blaming his sucessor instead."}
{"_id": "79760", "title": "", "text": "It's not taxpayer money.  It's from the ill-gained profits of Ticketmaster.  The legal expenses will come from Ticketmaster as part of the settlement.  Each plaintiff gets $1.50 per ticket bought up to 17, they are not asked to pay for the attorneys.  If Ticketmaster chooses to raise prices they will lose sales and hopefully another company will find a way to compete with them and cut into their market share.  Again the individual class member (anyone who used Ticketmaster the last few years) did no work aside from signing their name to the agreement and now want to bitch about getting a free coupon.  If you think you could have won a million dollar judgment for being overcharged by a few dollars you are simply delusional.  The legal system is not meant to reward people for being screwed over but to restore people to their rightful position and to punish wrongdoers."}
{"_id": "79762", "title": "", "text": "There can be so many different motives behind having a company conduct an employment background check. Depending on the criteria of the company, a background check can be done to investigate the aspirants\u2019 credit history, criminal records, employment history, education, motor vehicle and license records, and civil records and so on."}
{"_id": "79763", "title": "", "text": "Keep a list of your accounts, banks, life insurance policies, location of your will, etc, and make sure two people you trust know where you keep that list. Review and update the list at least once a year. This way if something happens to you, your next of kin will have an easier time locating your financial details and final wishes. And having a list also means you won't forget about any of your accounts."}
{"_id": "79764", "title": "", "text": "Yes in order for you to short a stock, some one has to be willing to lend it to you to short, the more people that want to short this stock, the higher the borrowing rate is to short it. in some instances such as groupon so many people are shorting it that there are practically no shares left to short and if you do end up getting some it would be at a very high borrowing cost."}
{"_id": "79766", "title": "", "text": "\"As an aside, on most securities with a spread of the minimum tick, there would be no bid ask spread if so-called \"\"locked markets\"\", where the price of the best bid on one exchange is equal to the price of the best ask on another, were permitted. It is currently forbidden for a security to have posted orders having the same price for both bid and ask even though they're on different exchanges. Option spreads would narrow as well as a result.\""}
{"_id": "79768", "title": "", "text": "&gt; This could be a good idea. Let's see what they want to replace it with first.  Yeaaaaa, just makes me think of how things with healthcare are going. Originally when they first wanted to get rid of the previous system they had no good new system to take over."}
{"_id": "79777", "title": "", "text": "\"It's simply supply and demand.   First, demand: If you're an importer trying to buy from overseas, you'll need foreign currency, maybe Euros.  Or if you want to make a trip to Europe you'll need to buy Euros.  Or if you're a speculator and think the USD will fall  in value, you'll probably buy Euros. Unless there's someone willing to sell you Euros for dollars, you can't get any.  There are millions of people trying to exchange currency all over the world.  If more want to buy USD, than that demand will positively influence the price of the USD (as measured in Euros).  If more people want to buy Euros, well, vice versa. There are so many of these transactions globally, and the number of people and the nature of these transactions change so continuously, that the prices (exchange rates) for these currencies fluctuate continuously and smoothly. Demand is also impacted by what people want to buy and how much they want to buy it.  If people generally want to invest their savings in stocks instead of dollars, i.e., if lots of people are attempting to buy stocks (by exchanging their dollars for stock), then the demand for the dollar is lower and the demand for stocks is higher.  When the stock market crashes, you'll often see a spike in the exchange rate for the dollar, because people are trying to exchange stocks for dollars (this represents a lot of demand for dollars). Then there's \"\"Supply:\"\" It may seem like there are a fixed number of bills out there, or that supply only changes when Bernanke prints money, but there's actually a lot more to it than that.  If you're coming from Europe and want to buy some USD from the bank, well, how much USD does the bank \"\"have\"\" and what does it mean for them to have money?  The bank gets money from depositors, or from lenders.  If one person puts money in a deposit account, and then the bank borrows that money from the account and lends it to a home buyer in the form of a mortgage, the same dollar is being used by two people.  The home buyer might use that money to hire a carpenter, and the carpenter might put the dollar back into a bank account, and the same dollar might get lent out again.  In economics this is called the \"\"multiplier effect.\"\" The full supply of money being used ends up becoming harder to calculate with this kind of debt and re-lending.   Since money is something used and needed for conducting of transactions, the number of transactions being conducted (sometimes on credit) affects the \"\"supply\"\" of money. Demand and supply blur a bit when you consider people who hoard cash.  If I fear the stock market, I might keep all my money in dollars.  This takes cash away from companies who could invest it, takes the cash out of the pool of money being used for transactions, and leaves it waiting under my mattress.  You could think of my hoarding as a type of demand for currency, or you could think of it as a reduction in the supply of currency available to conduct transactions. The full picture can be a bit more complicated, if you look at every way currencies are used globally, with swaps and various exchange contracts and futures, but this gives the basic story of where prices come from, that they are not set by some price fixer but are driven by market forces.   The bank just facilitates transactions.  If the last price (exchange rate) is 1.2 Dollars per Euro, and the bank gets more requests to buy USD for Euros than Euros for USD, it adjusts the rate downwards until the buying pressure is even.  If the USD gets more expensive, at some point fewer people will want to buy it (or want to buy products from the US that cost USD).  The bank maintains a spread (like buy for 1.19 and sell for 1.21) so it can take a profit. You should think of currency like any other commodity, and consider purchases for currency as a form of barter.  The value of currency is merely a convention, but it works.  The currency is needed in transactions, so it maintains value in this global market of bartering goods/services and other currencies.  As supply and demand for this and other commodities/goods/services fluctuate, so does the quantity of any particular currency necessary to conduct any of these transactions. A official \"\"basket of goods\"\" and the price of those goods is used to determine consumer price indexes / inflation etc.  The official price of this particular basket of goods is not a fundamental driver of exchange rates on a day to day basis.\""}
{"_id": "79785", "title": "", "text": "Thanks for the response.   Basically, the rub is that things are complicated and intertwined.  These kinds of heart-string tugging articles seem to want to shame Western culture as the bad guys but the truth is that our influence is both good and bad (and as you said, somewhat negligible) at the same time."}
{"_id": "79789", "title": "", "text": "Wells Fargo has a good free product that you can sign up for on their website. Google Wells Fargo Economics. I think that will get you there. If you have a friend on a trading desk you can get the JPM morning note which is really good too."}
{"_id": "79807", "title": "", "text": "The daily Volume is usually compared to the average daily volume over the past 50 days for a stock.  High volume is usually considered to be 2 or more times the average daily volume over the last 50 days for that stock, however some traders might set the crireia to be 3x or 4x the ADV for confirmation of a particular pattern or event. The volume is compared to the ADV of the stock itself, as comparing it to the volume of other stocks would be like comparing apples with oranges, as difference companies would have different number of total stocks available, different levels of liquidity and different levels of volatility, which can all contribute to the volumes traded each day."}
{"_id": "79810", "title": "", "text": "I love progress.  What I don't love is man's greed and quest for power.  The powerful NEVER willingly give up power without a fight.  This time around the automation revolution will not be the same as previous tech revolutions.  It will permanently displace jobs with NO jobs created to place the vast number of jobs lost.  So it's either a universal basic income or a revolution.  I predict the latter as the greed of man will never leave until beaten out of them."}
{"_id": "79845", "title": "", "text": "Well that was unexpected . . .maybe if we sanction toilet paper as well, textiles didn't cut it.  I guess a reasonable conversation where everybody treats everybody with respect is out of the question . . .oh wait . .monosyllabic retarded morons is what makes MAD work."}
{"_id": "79849", "title": "", "text": "\"While I totally agree with you, talking to free market people, you have to address it this way.   Their point is that they should pay what the market bears, not what you want to make.  That is fair.    But that market has shown they need to pay more, but they \"\"can't do it\"\".     Roofing is a perfect example.   Charge $6000 for a roof, materials cost $2000.   Labor costs $800.   The rest is additional expenses and profit.  Even if you have to give your roofers a 25% raise that is $200.  You aren't going out of business even if you have to absorb the increase and you can't tell me you can't raise your prices by $200, when your competitors are all over the board.  I guarantee that if the cost of shingles go up, the cost of a roof is raised, no second thought.   The problem is that they think their competitors are still paying the old rate.  They are no longer competitive if they give a raise, they are no longer competitive.\""}
{"_id": "79888", "title": "", "text": "This is called an in-plan Roth conversion and is discussed by the IRS here. If your 401(k) has a Roth option then it likely also has a provision to convert pre-tax dollars, but you'll have to check with the administrator to be sure. They could also potentially limit the type of money that can be converted. But most likely you should be able to convert any amount you want, and since it's all pre-tax (your contributions, employer matching, and earnings), it doesn't really matter which money is converted because it's all equivalent. One caveat is you won't able to convert any employer matching that hasn't fully vested."}
{"_id": "79892", "title": "", "text": "My credentials: I used to work on mortgages, about 5 years ago. I wasn't a loan officer (the salesman) or mortgage processor (the grunt who does the real work), but I reviewed their work fairly closely. So I'm not an absolute authority, but I have first-hand knowledge. Contrary to the accepted answer, yes the bank is obligated to offer you a loan - if you meet their qualifications. This may sound odd, and as though it's forcing a bank to give money when it doesn't want to, but there is good reason. Back in the 1950's through 1980's, banks tended to deny loans to African Americans who were able to buy nicer homes because the loan officer didn't quite 'feel' like they were capable of paying off an expensive house, even if they had the exact same history and income as a white person who did get approved. After several rounds of trying to fix this problem, the government finally decreed that the bank must have a set, written criteria by which it will approve or decline loans, and the interest rates provided. It can change that criteria, but those changes must apply to all new customers. Banks are allowed a bit of discretion to approve loans that they may normally decline, but must have a written reason (usually it's due to some relationship with the customer's business (this condition adds a lot of extra rules), or that customer has a massive family and all 11 other siblings have gotten loans from the same loan officer - random rare stuff that can be easily documented if/when the government asks). The bank has no discretion to decline a loan at will - I've seen 98-year-olds sign a 30-year mortgage, and the bank was overjoyed because it showed that they didn't discriminate against the elderly. The customer could be a crackhead, and the bank can't turn them down if their paperwork, credit, and income is good. The most the loan officer could do is process the loan slowly and hope the crackhead gets arrested before the bank spends any more money. The regulations for employees new to the workforce are a bit less wonderful, but the bank will want 30+ days of income history (30 days, NOT 4 weeks) if you have it. BUT, if you are a fresh new employee, they can do the loan using your written and signed job offer as proof of income. However, I discourage you from using this method to buy a house. You are much, much better off renting for a while and learning the local area before you shop for a house. It's too easy to buy a house without knowing the city, then discover that you have a hideously slow drive to work and are in the worst part of town. And, you may not like the company as much, or you may not be a good fit. It's not uncommon to leave a company within a year or two. You don't want a house that anchors you to one place while you need the freedom to explore career options. And consider this: banks love selling mortgages, but they hate holding them. They want to collect that $10,000 closing fee, they couldn't care less about the 4% interest trickling in over 30 years. Once they sign the mortgage, they try to sell it to investors who want to buy high-grade debt within a month. That sale gives them all the money back, so they can use it to sell another mortgage and collect another $10,000. If the bank has its way, it has offloaded your mortgage before you send the first payment to them. As a result, it's a horrible idea to buy a house unless you expect to live there at least 5 or 10 years, because the closing costs are so high."}
{"_id": "79903", "title": "", "text": "Unanticipated unemployment is usually the triggering factor for drawing on an emergency fund. Ask yourself: what happens if I lose my job tomorrow? Or my spouse becomes unemployed? What happens if I become disabled and can't work for x amount of time? Sure, you can discount your chances of needing such a fund if you have free health care. But having health insurance doesn't change the fact that an emergency fund is a good idea. There are many ways to go broke!"}
{"_id": "79908", "title": "", "text": "Trickle down economics / tax structure have been repeatedly shown to not work as well as progressive taxation for the health of the overall economy. Poor people don't save, give them money and it comes right back putting us all to work."}
{"_id": "79915", "title": "", "text": "\"Purely in terms of wealth generation, doesn't it make perfect sense to progressively replace humans in roles that can be automated and shift them to things that can't? It might ruin the American middle class in the US, but in more egalitarian societies, that might not be exactly the same problem. If the \"\"middle class\"\" - the non-creative part of it, at least - is replacable, perhaps it's a sign that the current system is inefficient?\""}
{"_id": "79922", "title": "", "text": "\"Here is the discussion: https://www.reddit.com/r/personalfinance/comments/6gsvgh/the_supreme_court_has_decided_that_the_fair_debt/    Yes, but the discussion was that this allows for many loopholes where an outside firm can be hired for collections, which can then go back to using tactics like the old dark days.  ...also fyi - I assume in your comment above you meant \"\"owned\"\" not \"\"owed\"\"...\""}
{"_id": "79927", "title": "", "text": "\"There are few cases where trades were reverted because of a \"\"technical issues\"\", for example: When BATS did its IPO its price went down to a few penny due to a computer glitch, because of that the regulators allowed the trades to be reversed as if nothing happened. I think that some trades during the flash crash of the 6 May 2010 were reversed too. However, if the act is clearly fraudulent, they can try to sue the responsible. If a tribunal were to condemn him to reimburse them and that he has enough money to pay for it, they could get their money back. But think of Madoff, the people that invested with Madoff didn't have their investment reversed as Madoff didn't have the money to pay them back. The sames goes with most of criminal, crooks and even rogues traders. Finally, before thinking of reverting anything, there are laws about financial firms to make them implements proper checks to avoid that kind of fraudulent activities as they are responsible for most of the operational risk, especially when it could impact both the firm and their clients. And if the firm doesn't comply with those laws, they are unlikely to get the tribunal on their side if a problem arise.\""}
{"_id": "79948", "title": "", "text": "It's a pretty good tip. People are often telling you the answer but not explicitly. Example:  You call about bad service and demand a refund. The employee tells you:  I'm sorry, sir, I can't give you back your money.  But maybe he actually said:  I'm sorry, sir, *I* can't give you back your money. Maybe someone else can?  I'm sorry, sir, I can't *give* you back your money. So not give but trade?  I'm sorry, sir, I can't give you back your *money*. So what can you give?"}
{"_id": "79979", "title": "", "text": "Having lived in both places, I have to say you can find a higher income in the US for the same job and can live in a small town versus having to live in a big city in Canada to find decent salaries.  For similar sized cities, the cost of housing is significantly lower in the US than Canada.  That is your biggest factor in cost of living.  If you are thinking of NYC or San Francisco, there are no comparable size cities in Canada and you would probably be better off in Canada.   My tax preparer was amazed at how much I paid in Capital Gains taxes when I left Canada.  Maybe it is different now but I doubt it. The biggest free lunch in the US is a generous capital gains exemption when you sell your primary residence without any lifetime cap or cap on the number of times you can do it.  There are rules on how long you have to live in it before selling. For investment real estate, all expenses are deductible in addition to fictional depreciation so with a mortgage you can have positive cash flow and pay no income tax.  You can keep doing tax deferred exchanges into bigger and bigger rentals.  When you are close to retirement, you can exchange into your ultimate beach home, rent it out a few years, then convert to a primary residence."}
{"_id": "79998", "title": "", "text": "The beta of a stock can be interpreted as the average relative movement of a stock with respect to the movement of a market index. In your case, the stock will move on average by 0.8. Thus over a longer time horizon, not on a daily, weekly basis."}
{"_id": "80000", "title": "", "text": "You would need to check with Bank as it varies from Bank to Bank.  You can break the FD's. Generally you don't loose the interest you have earned for 1 years, however the rate of interest will be reduced. i.e. if the rate was 7% for 1 year FD and 8% for 2 years FD, when you break after a year you will get only 7%. Generally this can happen in few hours but definitely in 2 days. You can get a Loan against FD's. Generally the rate of interest is 2% higher than FD rate. There is also initial processing fee, etc. Check with the Bank, it may take few days to set things up."}
{"_id": "80007", "title": "", "text": "All Indian Banks are offering USD accounts known as multicurrency account, where you can hold your fund, this account also permits you to book the USD to INR rates in advance if you require. You can keep your money in this account and also can remit the same back to source or other destination country."}
{"_id": "80009", "title": "", "text": "Firstly well done on building a really sold base of savings. An emergency fund needs to have two key characteristics: Be enough to get you through a typical emergency event (often seen as approx. ~6 months\u2019 salary in your style of situation assuming you have no dependents etc) Be liquid and available to you instantly if an emergency arises Once you have decided how much you will need for 1), you then generally find the best interest available on an instant access savings account and leave it there. It's important to note that because you need it very liquid and very secure you will basically never make (nor should  you expect to make) any sizeable rate of interest on your emergency fund. Once this is done, whatever left should be invested in an asset/mix of assets that best fit your risk profile - of which long term bonds are a completely legitimate option, but it's hard to say without knowing more about your long term aims/liabilities/job market etc."}
{"_id": "80014", "title": "", "text": "The alternative isn't too bad. Invest in a regular account. The dividends and cap gains will see favorable tax treatment. In my opinion, much of the magic of the retirement account is with 401(k) matched deposits.  The benefit you'll miss is the long term opportunity to skim income off the top, at say, 25%, have it grow, and then withdraw it at a much lower average tax rate. If that benefit doesn't outweigh the fear of the 10%, stick with my first thought above."}
{"_id": "80024", "title": "", "text": "\"Simple answer is because the stocks don't split. Most stocks would have a similar high price per share if they didn't split occasionally.  Why don't they split? A better way to ask this is probably, why DO most stocks split? The standard answer is that it gives the appearance that stocks are \"\"cheap\"\" again and encourages investors to buy them. Some people, Warren Buffett (of Berkshire Hathaway) don't want any part of these shenanigans and refuse to split their stocks. Buffett also has commented that he thinks splitting a stock also adds unnecessary volatility.\""}
{"_id": "80031", "title": "", "text": "I'm familiar with the efficient market hypothesis. And the argument over if the markets are weak, semi-strong or strong firm efficient. Most of the evidence suggests they are semi-strong form efficient. Are you looking after fees? I'd argue before fees, you'd find a lot more that do on a regular basis. If you'd like to read something, take a look at Warren Buffets letter in the back of intelligent Investor. It's named something about Graham Doddville. He addresses your argument as to random dollar winners. Now you've made a promise you can't keep, because I'm not very wrong. :)"}
{"_id": "80033", "title": "", "text": "People in the United States in the mid-2000's thought that real estate was safe.  Then they discovered that when the bubble burst the value of their house dropped 10 to 50%. Then they realized that they couldn't sell, even if they had the cash to make the lender whole. Some lost their houses to foreclosure, others walked away and took massive hits to their wealth and credit scores. When it is hard or impossible to sell, that means you can't move to where the jobs are. While it is possible to make money in real estate, treating your house as an investment vehicle means that you are putting not only all your eggs into one basket; you are also living in the basket. In general you should assume that all investment involves risk. So if you are trying to avoid all chances of losing money then the safest form of investment is via your bank account and government bonds. Your national government has a program to insure bank accounts, you need to understand the rules for that program, including types of accounts and amounts. You should also look into your national programs for retirement accounts, to make sure you are investing for the long term. Many people invest via the stock market or the bond market. These investments are not guaranteed, though there may be some protection for fraud. The more specific your investments (individual companies) the more time you need to invest in research and tracking. Many investors do so via mutual funds or Exchange Traded Funds, this involves less of a time investment because you are paying the management comp nay for the fund to do that research for all their investors."}
{"_id": "80066", "title": "", "text": "The duties are:  Responsible for verifying accuracy and correctness of figures, calculations and postings of all recorded transactions against original documents.  Receives any Casino-related Transaction Reports with associated supporting documents for Title 31 Auditor.  Reconciles reports to supporting documents in accordance with established internal gaming controls, as outlined on daily/weekly/monthly/annual checklists.  Issues Exception Reports for any instances of non-compliance with established internal controls.  Coordinates with the lead audit clerk or Accounting Supervisor concerning revenue discrepancies and proposed adjustments to be made to correct the same.  Prepares daily recurring journal entries to record daily activity, as appropriate.  Compiles all reports pertaining to the daily audit operations and distributes/saves in accordance with the distribution list/policy.  Maintains complete audit records in an organized manner for proper record retention as per company policy.  Files all documents and computer reports for future reference.  Other related duties as assigned.   I want to work in corporate finance, forecasting and budgeting."}
{"_id": "80082", "title": "", "text": "The irony endures: business supports Republican intransigence on stimulus and regulation as business lobbies like the Chamber of Commerce fight every effort to spur growth. Yet the markets, funded by these self-same businesses, demand further government intervention and spurn stimulus efforts they deem insufficiently robust. At some point one would hope this inherent contradiction between what businesses are doing politically and economically would become apparent to a wider audience but the mainstream media remains too frightened to report anything for which they could be 'Rather-ed.'"}
{"_id": "80086", "title": "", "text": "How can this possibly be profitable for both parties if the theater is getting paid in full for each movie? At $10 a month they basically have cut even on a single movie so every movie someone watched after that would be a loss. Unless there's something I'm missing. A movie is $10 where I'm at, if I pay this company $10 and watch 4 movies (1 a per week), how can everyone make a profit? The margins aren't that great for them to be giving super discounted bulk rates either, and most theaters make money off of concessions anyways, so it would end up being the movie  productions that gets stiffed."}
{"_id": "80122", "title": "", "text": "Either the healthcare will be paid for in the form of insurance, often through the company, or in the form of taxes on wages and corporate profits. Either way, the costs of healthcare is paid for out of the productive efforts of the citizens.  The question regarding healthcare is: which system is more efficient? Which system provides the health outcomes that we want for the proportion of our productivity that we are willing to spend on it?"}
{"_id": "80141", "title": "", "text": "\"This is only true if you define \"\"intrinsic value\"\" to mean backed by an asset. I think that is a stupid definition, and so too do lawmakers and economists which is why we abolished the gold standard. There is intrinsic demand for dollars because of US federal law, to me an asset with automatic government-backed demand has intrinsic value because I don't believe people and companies will suddenly decide to be tax delinquents en masse.\""}
{"_id": "80145", "title": "", "text": "\"First of all, many employees (past a few years in particular) are *always* looking for new jobs. It's how they make sure that they're always getting the best value for their services. This is doubly true for \"\"star\"\" employees.  I don't know if this is some cultural thing, but I can tell you my own experience as an employer of roughly 40 people in Sweden over the last half decade. The business is web development. My take from this infograph is that   1) people who are about to leave do worse work  2) people who are about to leave act differently  re:1) I just don't agree with in any way, in fact quite the contrary. People who have left my employment have done better in the last 3-4 months than they have before, just so that they can 1) get a good reference letter and 2) leave my employment on good standing, so that noone feels slighted. Rational, intelligent people do not burn bridges, they build networks.  re:2) People who are looking for other jobs act just like they always do. All the ideas for behavioural change presented in this infograph are completely circumstantial.   In my experience, the best way to identify employees who are very close to leaving, or seriously considering it, is listening to what they have to say. They'll make sure new messages get through, such as \"\"this job isn't challenging enough\"\" or \"\"I'm not having fun\"\". If they DON'T make those messages and still leave, it means they didn't think you would be able to change those circumstances. But, of course, that is more or less [equity theory](http://en.wikipedia.org/wiki/Equity_theory#Equity_theory_in_business) in practice. (edit: just to be clear, the point I'm trying to make here is that star employees have no problems voicing their discontent with current affairs)  (edited out some details that could be used to identify the business)\""}
{"_id": "80156", "title": "", "text": "Gold's value starts with the fact that its supply is steady and by nature it's durable. In other words, the amount of gold traded each year (The Supply and Demand) is small relative to the existing total stock. This acting as a bit of a throttle on its value, as does the high cost of mining. Mines will have yields that control whether it's profitable to run them. A mine may have a $600/oz production cost, in which case it's clear they should run full speed now with gold at $1200, but if it were below $650 or so, it may not be worth it. It also has a history that goes back millennia, it's valued because it always was. John Maynard Keynes referred to gold as an archaic relic and I tend to agree. You are right, the topic is controversial. For short periods, gold will provide a decent hedge, but no better than other financial instruments. We are now in an odd time, where the stock market is generally flat to where it was 10 years ago, and both cash or most commodities were a better choice.  Look at sufficiently long periods of time, and gold fails. In my history, I graduated college in 1984, and in the summer of 82 played in the commodities market. Gold peaked at $850 or so. Now it's $1200. 50% over 30 years is hardly a storehouse of value now, is it? Yet, I recall Aug 25, 1987 when the Dow peaked at 2750. No, I didn't call the top. But I did talk to a friend advising that I ignore the short term, at 25 with little invested, I only concerned myself with long term plans. The Dow crashed from there, but even today just over 18,000 the return has averaged 7.07% plus dividends. A lengthy tangent, but important to understand. A gold fan will be able to produce his own observation, citing that some percent of one's holding in gold, adjusted to maintain a balanced allocation would create more positive returns than I claim. For a large enough portfolio that's otherwise well diversified, this may be true, just not something I choose to invest in. Last - if you wish to buy gold, avoid the hard metal. GLD trades as 1/10 oz of gold and has a tiny commission as it trades like a stock. The buy/sell on a 1oz gold piece will cost you 4-6%. That's no way to invest. Update - 29 years after that lunch in 1987, the Dow was at 18448, a return of 6.78% CAGR plus dividends. Another 6 years since this question was asked and Gold hasn't moved, $1175, and 6 years' worth of fees, 2.4% if you buy the GLD ETF. From the '82 high of $850 to now (34 years), the return has a CAGR of .96%/yr or .56% after fees. To be fair, I picked a relative high, that $850. But I did the same choosing the pre-crash 2750 high on the Dow."}
{"_id": "80157", "title": "", "text": "Congratulations on making it at minimum you are close to a 2 millionaire if I understand your numbers correctly.  Here is what I would do if I woke up in your shoes: 1)  Take some time.  Budget some money and time.  Go live abroad, take hang gliding lessons or become scuba certified.  Something like that.  The only thing I really dislike about your situation is that your wife may be precluded on going with you due to her business concerns.  During this time dream, plan and decide what you want your life to look like.  You seem to understand that you won't be happy doing nothing for a really long time.  Its not a big deal if you blow 50K or so doing this.  Take the wife to Paris, go visit the Galapagos Islands.  2)  You are going to have to become wise about investing.  I'd put close to one million in stock based mutual funds.  That may sound scary, and you might seek others out to help you with this transition.  I feel like that your time spent in your business may have precluded you delving into this area of knowledge.  For now, you may just want to stick it all in interest bearing accounts, and slowly invest the money.  Don't invest in things you don't understand, and you have to be on the look out for the next Bernie Madoff.   3)  Its hard to speak to your desire to downsize your home.  You could probably buy a nice ranch in Nevada from the sale of your home if that is what you desire, but you may kind of hate something like that. 4)  Could you start more of a boutique business?  Not one that occupies all of your time, but one that takes 20-40 hours per week.  Something that interests you, not something that is overly a chore.  Perhaps you can consult in the field that your former business was in.  You most certainly have a lot of intelligent things to say.   5)  Be generous.  Find worthwhile charities to give time and money to.   Congratulations again.  Take some time to dream, and then make those things happen.   Edit:  You may need to make new friends.  Actually wealthy people are a very small segment of the population and are out numbered by people who act wealthy.  Its going to be hard, but you need to find people that have a certain level of wealth but are also don't make you uncomfortable with their level of spending (either high or low)."}
{"_id": "80158", "title": "", "text": "The point I made is it isn't 'free' trade, it's a race to the bottom where workers in the most developed countries are the ones that pay - at the same time that they are supposed to be consuming those products.  So as you follow it through, its pretty obvious that in the end it falls apart, and that in the meantime it's the businesses that benefit and the workers everywhere who pay. There's nothing 'free' about it.  Fair trade is better than free trade."}
{"_id": "80167", "title": "", "text": "Well, if that's the case the whole article is rubbish because it's not Goldman-Sachs who are excluded, but practically everyone.  This [Vanguard Emerging Markets Government Bond fund](https://personal.vanguard.com/us/funds/snapshot?FundIntExt=INT&amp;FundId=3820#tab=2), which you might have in your 401k, is holding $26M worth of them. That was the first place I thought to look for Venezuelan bonds - I'd expect practically every global emerging markets bond fund would be holding some.  [The executive order only applies to some new funds which have been issued to two government entities and which appear not to have been sold outside Venezuela yet.](https://www.bloomberg.com/news/articles/2017-08-25/with-u-s-bond-sanctions-walls-close-in-on-venezuela-s-regime)  Edit: [another article from Bloomberg](https://www.bloomberg.com/gadfly/articles/2017-08-25/it-s-hard-to-quit-venezuela-s-debt-when-it-pays-so-well):  &gt; And yet investors have actually been warming up to Venezuelan bonds in the past week. The nation's dollar-denominated debt has gained nearly 1 percent in the period, while notes of the state-owned Petroleos de Venezuela have returned 1.7 percent.   &gt; \u2026 anyone who's been plowing money into emerging-market bond funds recently is most likely also investing in Venezuela because its debt makes up about 2 percent of a main broad benchmark that many EM investors use as a guide."}
{"_id": "80180", "title": "", "text": "Nah, most of it was dumbass panic buying at absurd markups. It's annoying since ammo prices go up for pretty much no good reason except the herd has been scared into stampeding cause someone heard Obama fart."}
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{"_id": "80216", "title": "", "text": "\"A lot of these aren't so much cliches as they are just slang, idioms, or turns of phrases.  There's nothing \"\"corporate speak\"\" about \"\"deal with it\"\". You can say \"\"it's our biggest profit-maker\"\" but \"\"it's our cash cow\"\" sounds more casual and everyone gets it.  \"\"Rubber meets the road\"\",   \"\"stepping up to the plate\"\",   \"\"perfect storm\"\",   \"\"lipstick on a pig\"\",   \"\"facing headwind\"\",   \"\"move the needle\"\",   \"\"put a face to the name\"\",   \"\"my 2 cents\"\",   \"\"burning a candle on both ends\"\",   \"\"drinking from the firehose\"\",   and really most of these aren't even BUSINESS cliches. They're just good old fashioned regular cliches that EVERYONE uses. Most of them have rural origins and honestly, exceptionally normal.\""}
{"_id": "80220", "title": "", "text": "\"What you're referring to is usually called an \"\"investment club\"\". If you're serious about it, it's a great way of collectively learning about investing and organizing a cooperative venture.  A friend of the family has been involved with an investment club for about 30 years. It's a great way to keep in touch, learn and invest.\""}
{"_id": "80223", "title": "", "text": "Technically Bitcoin is both blockchain and currency.  As an alternative, Ethereum is its own blockchain that uses Ether as its currency.  By simply calling 'Bitcoin' a fraud, it is easy to assume he can be talking about Bitcoin the currency, or Bitcoin the blockchain."}
{"_id": "80224", "title": "", "text": "\"That's the problem.  The industry says \"\"our product costs X for this number of uses\"\".  \"\"Activists\"\" say \"\"but I still want it, so I'm going to find it for free\"\".       It's hard to see piracy advocates as an army of people fighting for free speech when time and time again, it is just people who want something, but don't feel like paying the going rate.\""}
{"_id": "80269", "title": "", "text": "Better in terms of what? less taxes paid? or more money to save for retirement? In terms of retirement, it would be better for you to keep the condo you currently have for at least two reasons: You wouldn't incur the penalties and fees from buying and selling a home. Selling and buying a home comes with a multitude of fees and expenses that aren't included in your estimation. You aren't saddled with a mortgage payment again. You aren't paying a mortgage payment right now. If you set aside the amount you would be paying towards that, it more than covers your taxes, with plenty left over to put towards retirement."}
{"_id": "80272", "title": "", "text": "I'm currently using Halifax. Pros: Cons: I'm might start using TD Waterhouse in future, as they claim to have no admin charge."}
{"_id": "80285", "title": "", "text": "Profits go to the owners of the corporation for providing capitol. CAT is paying around 2% ... a little under $2/year/share in dividends. (note that dividends come out of profits, not before.) A 2% return on investment isn't a terrible thing. It's not great, but in current economic conditions, it's respectable.  Looking at their financial statements, they don't have tons of cash on the books relative to what they spend in a quarter. They do have a fair chunk of their assets tied up in inventory. On the books, that goes down as a profit - kinda. It's mostly neutral accounting wise - money went out, inventory came in. You now have an asset worth exactly what you spent on it. The biggest growth in assets over the last couple of years has been in inventory. The amount in inventory is greater than assets minus liabilities. Then again, so is cash on hand, but the cash flow rate is also pretty high because the margins are low.  So... yeah... they're making more money, but they're also investing most of that back into the capital costs of growing the business. New machinery, inventory that they can sell, business development in new markets, etc. Remember that capital costs are considered neutral - you receive an asset in return. This is distinct from operating costs which come straight to the bottom line."}
{"_id": "80289", "title": "", "text": "In theory*, if a company has 1m shares at $10 and does a 10 for 1 split, then the day after it has 10m shares at $1 (assuming no market move). So both the price and the number of share change, keeping the total value of the company unchanged. Regarding your BIS, I suspect that the new number of shares has not been reported yet because it's an ETF (the number of shares in issue changes everyday due to in/out flows). Your TWX example is not ideal either because there was a spin off on the same day as the stock split so you need to separate the two effects. * Some studies have documented a positive stock split effect - one of the suggested reasons is that the stock becomes more liquid after the split. But other studies have rejected that conclusion, so you can probably safely consider that on average it will not have a material effect."}
{"_id": "80341", "title": "", "text": "I suppose that's true and it would eventually level out.  But again, that's pure speculation, especially given the history of TSLA et al.  Typically, when we talk about market irrationality, we are thinking of companies that don't just simply have huge PE ratios but also companies with no history suggesting this will ever change.  TSLA is like that.    Sure there are plenty of companies out there that have giant PE ratios but they also have a history of delivering on promises and growing profits.  TSLA doesn't have that history so it makes you wonder why people believe anything will ever be different for the nearterm.  It's really just pure speculation.  Especially with how TSLA constantly under delivers on forecasts.    Nothing wrong with losing money as a start up or even as a more mature company exploring new horizons, but TSLA goes beyond that as just a trainwreck of an investment.  They heavily utilize gov't subsidies and continue to lose money--meanwhile their CEO is in dreamland trying to build a Hyperloop, create revolutionary batteries, automate consumer and commercial vehicles, stop AI, explore nuclear fusion, and a shitload more."}
{"_id": "80350", "title": "", "text": "Regarding #1: use the free online version of turbotax and start to play with the numbers for the different options for filing. It can make a difference, based on the imbalance between the couples income. Also filing married but separate can eleiminate some deductions/credits. Regarding #2: when you submit your taxes use the forecasting tool in turbotax to see if you should adjust your withholding. 2012 will be tricky because unless you changed your withholding in early 2011 to account for the change in status, your refund/owe number for 2011 will be unrelated to what will happen in 2012.  Make sure you meet the safe harbor requirements, enough withheld to equal the previous years tax. Joe Taxpayer tried to give you a formula regarding exemptions, here is another explanation: Each exemption is worth a percent of $3800. If you are in the 10% bracket that means it is worth $380 per year.  If you got a big refund or wrote a big check, adjust accordingly. Regarding #4: getting a match is great. Make sure you leave nothing on the table. Other than that it won't make a difference which one you pick.  Look at the funds available, investment types, expenses and go with the one that makes the most sense to maximize. Remember you are not getting interest on the 401Ks you are investing and getting returns. There is no way to know which investment fund will be better in 2012."}
{"_id": "80392", "title": "", "text": "Not sure how your companies bonus structure is setup but bonuses are typically based on performance. Commission drives sales people to sell more but once you get to a certain threshold you may find that a sales person is earning enough to quench their hunger for more so their drive may diminish somewhat. Bonuses help bridge that gap e.g. you get $NN bonus at the end of the year if you sell $YY by the end of the year. This helps ensure the company to reach it's financial goals so the people who make the products can still get paid.   EDIT: I don't agree that a company should make bonuses par for the course. If the company is not doing well, no-one should get bonuses."}
{"_id": "80403", "title": "", "text": "God, if the last **[partial audit that revealed trillions in secret loans](http://www.goldstockbull.com/articles/federal-reserve-secret-bank-bailouts-topped-16-trillion/)** wasn't enough- I can't see why we wouldn't give them a full audit.   31 USC \u00a7 714 - AUDIT OF FINANCIAL INSTITUTIONS EXAMINATION COUNCIL, FEDERAL RESERVE BOARD, FEDERAL RESERVE BANKS, FEDERAL DEPOSIT INSURANCE CORPORATION, AND OFFICE OF COMPTROLLER OF THE CURRENCY   (a) In this section, \u201cagency\u201d means the Financial Institutions Examination Council, the Board of Governors of the Federal Reserve System (in this section referred to as the \u201cBoard\u201d), Federal reserve banks, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. (b) Under regulations of the Comptroller General, the Comptroller General shall audit an agency, but may carry out an onsite examination of an open insured bank or bank holding company only if the appropriate agency has consented in writing. **Audits of the Board and Federal reserve banks may not include\u2014** (1) transactions for or with a foreign central bank, government of a foreign country, or nonprivate international financing organization; (2) deliberations, decisions, or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits, and open market operations; (3) transactions made under the direction of the Federal Open Market Committee; or (4) a part of a discussion or communication among or between members of the Board and officers and employees of the Federal Reserve System related to clauses (1)\u2013(3) of this subsection. (c) (1) Except as provided in this subsection, an officer or employee of the Government Accountability Office may not disclose information identifying an open bank, an open bank holding company, or a customer of an open or closed bank or bank holding company. The Comptroller General may disclose information related to the affairs of a closed bank or closed bank holding company identifying a customer of the closed bank or closed bank holding company only if the Comptroller General believes the customer had a controlling influence in the management of the closed bank or closed bank holding company or was related to or affiliated with a person or group having a controlling influence. (2) An officer or employee of the Office may discuss a customer, bank, or bank holding company with an official of an agency and may report an apparent criminal violation to an appropriate law enforcement authority of the United States Government or a State. (3) Except as provided under paragraph (4), an officer or employee of the Government Accountability Office may not disclose to any person outside the Government Accountability Office information obtained in audits or examinations conducted under subsection (e) and maintained as confidential by the Board or the Federal reserve banks. (4) This subsection shall not\u2014 (A) authorize an officer or employee of an agency to withhold information from any committee or subcommittee of jurisdiction of Congress, or any member of such committee or subcommittee; or (B) limit any disclosure by the Government Accountability Office to any committee or subcommittee of jurisdiction of Congress, or any member of such committee or subcommittee.  ...  http://www.law.cornell.edu/uscode/text/31/714     The people here who are under an illusion the federal reserve has any sort of meaningful audit, and that it is coincidental that the last audit outside of this limited scope resulted in the information related to trillions of secret loans is very deluded or brainwashed.  Open your fucking eyes, world! The federal reserve bank exists to rob you of the country your fathers conquered!"}
{"_id": "80437", "title": "", "text": "So because a company has been an extremely successful investment it's like Bitcoin? So do you avoid all successful investments because they are like Bitcoin? Because that's only similarity between Tesla and Bitcoin is the fact that they have both produced substantial returns. If you just avoid companies with substantial returns because they are like Bitcoin than you need to rethink your investing strategy."}
{"_id": "80447", "title": "", "text": "&gt;It sounds like you might not be in the target demographic for the service, but that doesn't mean there is no market for it.  I agree 100%.  I wasn't saying it was a dumb business to continue growing.  Just giving my own dumb opinions concerning my own dumb situation.  The disabled sisters across the way get Peapod (a grocery delivery service) regularly.  My sister and brother-in-law (who have kids like you mentioned) use Amazon Now (or something like it) already and appreciate not having to make as many grocery trips.  As far as specific items, I'd just worry about the store being out.  It isn't uncommon for us to get groceries from three (or more) different stores in a given weekend.  Again, we're not the target market."}
{"_id": "80455", "title": "", "text": "\"That's interesting, I didn't know that.  I'm in the sales/marketing field myself, so this is a very strange idea to me.    It seems like this could help contribute to their problems though...I'd like to think that I'm a relatively intelligent and successful individual, and I would hate the prospect of entering an environment like that.  Don't get me wrong, a job at MSFT is still a job at MSFT.  There are few companies that can offer their level of job security.  But, to know that no matter how much of an asset I'd make myself, that I'm just \"\"climbing\"\" a rigid ladder...that's a bit rough.  Obviously, you always have to work your way up any where, but I could see how that might turn away motivated and ambitious talent.\""}
{"_id": "80464", "title": "", "text": "A 'bailout' is money from the government to keep open a business that is no longer viable and by rights deserves to fail.  What happened in this case was different. All banks rely on the overnight bank lending market for liquidity. It is the grease that oils the wheels of international banking. That is not a sign of weakness or recklessness. It is just standard banking practice. In 2008, during the failure of Bear Stearns and the Lehman Shock the overnight lending market simply stopped operating as nobody knew who they could trust and as a result nobody trusted anybody. Something needed to temporarily replace this overnight lending until the crisis was over. This is what that cash infusion was. It was not a bailout."}
{"_id": "80477", "title": "", "text": "How important sales people are in an organisation has been said but in some companies there is a bonus model among developers too.   The problem is that it's harder to see a direct relationship between profit and lines of code than it is to see between profit and number of orders.   I'm used to have bonuses to the developers based on 1. keeping deadline and 2. the customer response on the product.  that way the developers tend to work faster and create more quality user experiences.  By setting up quality guide lines that are easy to measure every company can have a bonus model for developers."}
{"_id": "80478", "title": "", "text": "\"I'm in a similar boat. I've come to a simple conclusion. There are three choices:  * Get something liquid that paces inflation. Stocks or bonds or something. Your 500USD 2014 dollars will still be worth about 500USD 2014 dollars in the future. If you need the change, you pull it and spend it.  * Upfront capital for something entrepreneurial. I don't know what to do, you don't either. Whatever it is it's probably a fuckton of work. I've heard stories about guys busting ass for a lawnmowing business and employing their peers for pennies on the dollar. 8 bucks is in the range of minimum wage. Charge 15 bucks an hour for your service and you've just become the recipient of 7 \"\"free\"\" dollars an hour for somebody else's labor. Congrats, you've got the first taste of capitalism.  * Buy a motorcycle. Fun. Cheap. Sexy. Fun. Economical. Fun. Pushes all the right buttons for those in our position: you get economical transportation, it's fun as hell, and bitches love it. Wear leathers.  I think I'd choose the motorcycle. Youth is fleeting, money is infinite. Don't be the average first-time Harley purchaser: 50 years old and way too old to enjoy it.\""}
{"_id": "80481", "title": "", "text": "\"You know what helped me? Asking this question:   \"\"What happens if this fails utterly and miserably?\"\"  When you really assess that question,and answer it honestly and rationally, you will probably find that you stand to lose very little in the grand scheme. Some cash. Some time. But there will be more of both. And if you've got the cajones to pursue your own business now, you'll have still have them if your first attempt goes bottom-up.  The best thing about this exercise is that it forces you to realize that you aren't ever going to be homeless, barring some mental breakdown and/or crippling addiction.\""}
{"_id": "80504", "title": "", "text": "Not that I disagree with your points, but what would you suggest?  Can enough of us voluntarily drop out of the system to crash it?  What does someone do if they realize they chose a bad major and can't afford to go back to school?    How would you instruct someone to take control of their life, that has next to no money, or is in debt, or needs a rat race job to survive another day?  What are some viable alternatives to being held hostage by the system?"}
{"_id": "80511", "title": "", "text": "It's a trade off either way - spread our stuff around and more people see precisely what we're doing. China was going to invest in developing this anyhow.   Not clear at all to me which is better or worse for our security - though this outcome probably pisses off our defense contractors."}
{"_id": "80512", "title": "", "text": "A few more possible headlines:  * Good prospects for prefab home manufacturers, as costs for in-place construction rise * Small construction outfits squeezed as large firms bring high-dollar technology to bear * Inside the sudden fad of [extruded-concrete construction](https://www.engadget.com/2017/03/07/apis-cor-3d-printed-house/) * Makers of Roomba reportedly designing an off-sidewalk robotic porter; prototypes seen carrying materials at construction sites"}
{"_id": "80519", "title": "", "text": "\"Frequently selling and buying properties is generally not advisable in Germany due to the high cost for property purchase tax (\"\"Grunderwerbssteuer\"\") and land registration fees (\"\"Grundbucheintrag\"\"). You can generally assume that ever time you trade homes, you pay about 10% extra. So it is likely a good idea to keep your property and rent it out while you don't need it so you can use the rent to pay for your new room. That's especially true if you expect the property to increase in value. Also, due to the low interest rate right now, real estate is practically the only good capital investment. A 85k asset which makes you 4.8k each year is a return of investment of 5.6%*. Any financial asset promising you that kind of dividend at the moment is likely equivalent to gambling. * yes, I ignored maintenance costs, but it's still a really good deal. If you want to rent out your flat as stress-free as possible, give it to a property management company (\"\"Hausverwalter\"\"). In exchange for a percentage of the monthly rent they will take care of all the small stuff (like hiring handymen to fix broken toilets). You might still have to pay for really expensive investments, though (like replacing a leaking roof). But when something like that happens, you should have no issue to finance it with a loan because you have a real estate as a security.  However, keep in mind that the German tenancy law might make it difficult (but not impossible) to get rid of the tenant in case you want to move back into the apartment. Google \"\"Mietrecht Eigenbedarf\"\" for more details. Should you decide after your study that you don't want to move back, you can always sell the flat with the tenant. But rented properties usually get far lower prices on the real estate market than empty ones. Regarding covering your cost of living besides rent during your studies: If you are eligible for BAf\u00f6G (state-sponsored student loan), you should take it, because it's an offer simply too good to refuse. It's literally free money. But unfortunately you are not, because you own too much real estate wealth you are not living in. But you should ask your bank for a loan backed by said property. That way you will likely pay far less interest than with a regular private student loan which isn't backed by anything except the hope for a relevant degree.\""}
{"_id": "80520", "title": "", "text": "I find indexing minimum wage to inflation helps put upward pressure on non minimum wages due to behavior of humans. If a person working at say $30/hr sees someone working at minimum wage getting a pay raise, the person at $30/hr is going to feel like they are falling behind and more likely to ask for a raise.   I do not shop at Wal-Mart due to how they treat their employees."}
{"_id": "80538", "title": "", "text": "\"If you forgot to put the name on the \"\"pay to the order of\"\" line then anybody who gets their hands on the check can add their name to the check and deposit it at their bank into their account. If it goes to the correct person they will have an easy time making sure that the check is made out correctly. They don't have to worry about that picky teller who doesn't know what to do with a check made out to Billy Smith and a drivers license for Xavier William Smith. On the other hand... a criminal will also be able to make sure it is processed exactly the way they want it. If I made it out to a small business or a person I would let them know. You might not have a choice but to wait and see what happens if it was sent to a large business, the payment processing center could be a long way from where you will be calling.\""}
{"_id": "80544", "title": "", "text": "whenever these securities are bought by the govt, they are retired.  Treasury sells bonds to the private sector market, if the central bank buys them back from the private sector market, then they are retired.  Treasury no longer are beholden to them.    When central bank buys toxic mortgages bonds, they bought only  enough to ensure stability and trust again in the banking system.     The homeowners mortgages should be forgiven since the US govt bought them, but, since we don't know who owns what due to mixing of the MBS and grading them triple A etc.., and the MERS program is such a mess, then it's up to the individual homeowners to fight in the courts that they should be absolved of the mortgage.  For the homeowners that don't have money to pay lawyers, then they gets foreclosed upon."}
{"_id": "80563", "title": "", "text": "It depends completely on the nature of the takeover. When a business is bought, the new owner takes on the obligations of the prior owner, the debts don't just go away. When a business files for bankruptcy, its debts may get discharged, and gift card holders can easily be the first ones to get nothing back. A case in point was Sharper Image who stopped honoring gift cards even while the doors were open as they filed for bankruptcy."}
{"_id": "80568", "title": "", "text": "\"Here's my attempt at \"\"Options for Kids\"\" \"\"Hey kid... So you have this video game that you paid $50 for that you want to sell two months from now\"\" \"\"Yes, Mr. Video Game Broker, but I want to lock in a price so I know how much to save for a new Tickle Me Elmo for my baby sister.\"\" \"\"Ok, for $3, I'll sell you a 'Put' option so you can sell the game for $40 in two months.\"\" .... One month later .... \"\"Hey, Mr. Video Game Broker, I can't wait to get this new Tickle Me Elmo for my little sister for Christmas, but its hard to get and I'm afraid prices will go up. I can only spend $100!\"\" \"\"Ok kid, for $4 I'll sell you a 'Call' option to buy a Tickle me Elmo on December 21st for $95. If you can find it cheaper, the option can expire, otherwise $95 is the most you will pay!\"\"\""}
{"_id": "80574", "title": "", "text": "The thing people don't get is that it's not only the poor who are in danger anymore, but former middle class as well, who has shrunk into poverty. The health of society is measured by the size and prosperity of the middle class, and whether it moves up or down.  In this case, I fear them leading the social unrest."}
{"_id": "80576", "title": "", "text": "ATR really looks at the volatility within the day -- So you would be able to see if the stock is becoming more or less volatile in daily trading.  This is often useful for charting and finding entry and exit locations.   Traditional historic volatility (as you cited) will give you a look at the long term volatility of the security.  The example of this is that there could be trends up or down but the same daily volatility (same ATR) There are methods that try to incorporate both intraday information along with historic volatility.  As for which is a better measure of volatility-- it depends on what you are using the measure for."}
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{"_id": "80607", "title": "", "text": "Talk to the property manager and explain your situation. They may be more willing to work with you than you think. At the very least they will tell you if you should even bother filling out the application. In most cases they are obligated to do a background and credit check so you will have to provide them with the required information one way or another. What they are really looking for is your ability to pay the rent. Property managers take a lot more things into consideration than a mortgage company would for a loan. If you have a history of paying on time in the past (a reference from a previous landlord perhaps) and if you show proof of the ability to pay now and in the future they will usually take that into consideration regardless of what the credit check says. It all depends on how motivated they are to fill the rental and how willing they are to take on a potential risk. Keep in mind property managers don't make money on empty rentals."}
{"_id": "80609", "title": "", "text": "Can you get a bank account in the US?  Yes. Can you get a bank account with a specific bank in the US?  That depends on the bank. There's more paperwork involved, and not all banks offer the service.  I would guess that the big retail banks (US Bank, Bank of America, JP Morgan / Chase, et al) are most likely to, but they are also the ones with the worst reputations for customer service."}
{"_id": "80638", "title": "", "text": "\"With any institution or organization, you're always going to have top, middle, and bottom performers. I don't think we should select prospective employees based on schools or brands, but the world is a vast place and having those things like brands as markers or indicators serves as a practical heuristic for recruiters. However, Many of my past colleagues from non \"\"top brand\"\" institutions are just as smart and capable. The idea is that the more selective the educational institution, the more likely it is to filter for top candidates who can then be fed into companies down the road. But the reality is that the filter is very narrow due to class size and school size so a lot of equally qualified candidates also get filtered out of the school because of marginal differences or sometimes just random luck. Therefore these incredible students end up attending their next top choice. That's the reason we shouldn't only hire from top schools. More talented people overflow to other schools.   As a side note, Malcolm Gladwell is like the Myth Busters tv show, but for books. Entertaining, but ultimately flawed in several ways that he analyzes statistics and interprets data.   Source: HBS MBA class of 2015. Currently interning at Amazon for summer. Will provide proof if required.\""}
{"_id": "80640", "title": "", "text": "This is the problem the Republican party has backed themselves into. The idea that, somehow, compensation is *ever* correlated to job creation. Because it isn't. It never has been, especially in CEO pay. Chief executives mostly get payed based on performance, return on investment, increases in shareholder value, etc. This is, in fact, how it works in most front-office jobs on wall street, whether you're an analyst (very low) or a managing director (higher up). As an example, note that both B of A and Goldman's CEOs got their pay cut by a third. They also get these huge increases because all of their wages are public, so people are well aware that there are *very* good counteroffers from other employers."}
{"_id": "80655", "title": "", "text": "Putting money into your Amazon gift card balance is also a very convenient option, but I like these recurring Red Cross and Wikipedia ideas also."}
{"_id": "80657", "title": "", "text": "I want to transfer about 60 Lakhs INR from my NRO account in India to my US bank account  Yes you can. However there is some paperwork you need to follow. As per FEMA [Foreign Exchange Management Act], any transfer by individuals outside of India need the 15CA & 15CB form. The 15CB is from a CA to state that taxes have been paid on the funds being transferred. The limit is 1 million USD per year. Read more at Liberalized Remittance Scheme and here. What is the best way to transfer it with minimum fees/taxes Assuming you were already declaring the funds held in Banks outside of US in your regular IRS filings, there is no other formality. Question on Minimum fees service recommendation is out of scope on this site. Outward remittance can only be done by Bank Transfer."}
{"_id": "80658", "title": "", "text": "\"&gt;  Israeli control of America's economy, the Fed the Treasury  Sure! You make me, a Jew and Israeli, so elated that somehow Jews and Israel, less than 2% of USA population, 0.01% of world population control the USA, the Media and the Banks. What else do we control?  &gt; The Palestinians, can't even get water and medical supplies  Go ahead and show me one article or picture of \"\"Palestinians\"\" dying of thirst or untreated diseases.  In the real world, obesity among the Arabs in Gaza and WB is far worst than in Israel. Want to read about it?  &gt; As America's economy fails and Military power wanes  What an American patriot you are.  You know so much! So I am sure you can refute what I previously wrote to you:  &gt;&gt;Back to \"\"Palestine\"\", a short real true and verifiable historical summary: There was never ever a country or nation of \"\"Palestine\"\". The only reason we hear about \"\"Palestine\"\" and \"\"Palestinians\"\" today is because in 1967 Israel liberated the local Arabs from a 1948 occupation(!!!!!) by Egypt and Jordan of land given to them by the UN, for which Israel agreed to. If the 1967 events never happened, you would not hear today about \"\"Palestine\"\" and \"\"Palestinians\"\". True or false?  &gt;&gt;So, Israel never wanted to be a \"\"Greater Israel\"\" to rule over millions of additional Arabs as part of its democracy or \"\"occupation\"\" - more Arabs than Jews!!!! Israel is not that dumb. True or false?  &gt;&gt; The blockade is actually by Egypt and Israel. Check the map! Egypt has a lllllooooonnngggg border with Gaza. True or false?  &gt;&gt; The local Arabs can have a \"\"Palestine\"\" for themselves already in 1948 (if they agreed to the UN partition plan) or 1967 after they were liberated by Israel. Israel has only one condition, in 1948 and in 1967, for a \"\"Palestine\"\": that \"\"Palestine\"\" needs to be a nice neighbor to Israel. They don't want to be nice, so no \"\"Palestine\"\" until they grow up. True or false?\""}
{"_id": "80664", "title": "", "text": "By the time you've earned the income, it is basically too late to decide who it belongs to[*].  If the assets belong to one person, income from those assets must be declared by that person.  If you earn interest on a shared account, you must declare 50% of it each.  And so on.  (If you're tempted to fudge it bear in mind that banks report to the ATO about interest paid and account ownership.) I don't think Family Tax Benefits are taxable income, but I don't get them myself so I don't know. What you can do is think about how you want things arranged going forward.  That means making a prediction about who will have the higher income; it sounds like that's going to be you, and she will be working at most part time. Therefore she should hold anything that generates taxable income (bank accounts etc) and you should hold anything that generates losses (negatively-geared investments, charitable deductions, etc).  You could look into making a voluntary super contribution into her account which (imbw) will be deductible for you and get it into a lower-tax area. If you're earning on the order of $30k per annum in interest you're looking at paying $11500 tax on it if it's in your name vs $5k if it's in hers, so it's not a moot point. $420k in cash is arguably quite a lot, and perhaps you want to look at putting some of it into a low-cost balanced managed fund, such as those from Vanguard.  That will be somewhat more tax effective, though less stable.  If you're looking to buy a new house within a few years perhaps cash is the best place for it. [*] One kind-of exception is that if you have a family trust, the trust can decide at the end of the year to whom it will distribute its income.  However, you still have to decide to establish a trust in advance."}
{"_id": "80717", "title": "", "text": "Alright bud- I took the day off today so I'll play along. I'm going to focus my answers to be US-centric because this is the realm in which I have experience; if you're from elsewhere then accept my apology in advance.  &gt; So you're saying a company has no responsibility whatsoever to ensure its employees make fair wages?   No, I'm not saying that- a company has a legal responsibility to ensure employees make wages considered fair under the FLSA, for one, including any municipal or state laws surrounding employee pay. As far as I know, litigation surrounding Uber's FLSA issues is still pending and as I'm not a federal judge I can't weigh in on the legality of their various pending lawsuits.  &gt; That the market will determine a person's salary based on their valuability?  I'm also not saying that- it's weird of you to keep putting words in my mouth. I don't disagree with that sentiment but I definitely didn't argue it as a point in my earlier comment.  &gt; What if market forces align to reduce wages in order to increase profitability?  Market forces do this on a regular basis at the corporate level- this is called a negative profit margin and it's literally happening right now (or probably in about 10 minutes when the NYSE opens) with a company who's product you're using to write this comment. It'll also probably trend back upward in the time it takes me to finish this comment. Unfortunately salaries and compensation packages for employees of most types are flat and focused on averages based on something called math. The concept is more technically referred to as profit equals revenue minus cost, with cost being a floating variable dependent on (you guessed it) market forces. This gets a lot more complicated as you delve into specifics and as you seem to have a fairly untenable grasp on business operations as it is I'm worried it's futile to get too much more specific.  &gt; That's exactly what's happened in the last 30 years and people like you protecting corporate greed is the reason why living wages has stagnated barely matching inflation while executive salaries have skyrocteted.   I'm not certain what I did to 'protect corporate greed' in my comment besides buy a product I want at a cost I deemed fair, but ignoring that- the CEO pay vs employee pay argument has been debunked about a thousand times over by anyone who, again, understands math- it's division this time so be careful not to sprain something. A quick google search shows a figure reflecting Wal-Mart's CEO's total compensation at ~$22mm including stock options, salary, and bonuses. Another google search shows a total 2.1mm employees of the company. Quick division reflects that each employee could pocket about $10.5 a year if the firm outright did not pay their CEO by which that means they don't have a CEO, and thus do not have a functioning company. Congratulations, your logic just made 2 million people unemployed.  &gt; You're either ignorant of the big picture, or a shill for a system that exploits the masses.  Sorry- I'm new to this subreddit so I don't know if this is what passes for intelligent discussion around here; but that's a very narrow way of looking at the world. I could also say '[you're] either ignorant of business operations, or a shill for non-functioning economies'; but I'd like to believe an individual with the ability to use a computer is not that illiterate.  I'm confused about your argument as a whole- are you saying I shouldn't shop at Wal-Mart or take an Uber because these companies don't pay their employees salaries you've deemed 'fair'? Can I get a list of places I'm allowed to buy things from, then?"}
{"_id": "80729", "title": "", "text": "How can you not know? Brand new technology. Infection would be less likely if it seemed that the people doing this cared about the well being of the research subject. They don't have to take them out, but my point was that if they don't then they still have them. [Copying NFC chips is already being done](https://play.google.com/store/apps/details?id=com.skjolberg.nfc.clone2&amp;hl=en). Stalking is simply a matter of doing the same thing that the company is in tracking the subject.  My motivation: when I was 10, I read a book that you might have heard of : 1984. Scared me to death. Still haunts me."}
{"_id": "80737", "title": "", "text": "\"I like this idea. Maybe we could even get dedicated lanes for this on highways. Or they could even have their own roads! Then they could pull more trailers. And to increase efficiency, we could replace the road surface and wheels with something with less drag...like maybe steel on steel? Heck, we could even have just a couple of power units for hundreds of tons of cargo.   I got it, we can call them \"\"trains\"\".\""}
{"_id": "80742", "title": "", "text": "I don't know Australian law, but I will give my US perspective here.  The custom in the US is for officers and directors to be indemnified by the corporation, and that LLCs have an even broader power to indemnify (even to remove the duty of loyalty!).  Moreover, directors will typically be able to purchase D&O insurance to protect them from loss in the event of liability. For US corporations (not LLCs), the duty of care (prudence) requires that directors behave responsibly in weighing major decisions, and consult experts and specialists before coming to rash decisions.  It usually becomes a court case in the context of a large public company in the midst of an acquisition event.  The only people with standing (in the US) are shareholders.  If all the other shareholders are directors, then it may be hard for them to blame you. Additionally, if you are concerned about the propriety of your actions, there may be sources to rely on.  First, discussion with your fellow directors can be a helpful guide (though will not usually immunize you from any accusation of wrongdoing), and disclosure tends to cure almost any accusation of breaching the duty of loyalty.  Second, boards often secure the advice of legal counsel, and sometimes bring on lawyers as members or will outright hire counsel for the board.  Third, there may be services that will provide you with generic advice (e.g. UK Companies House and US-based IOD), which might set you at ease a little bit. I don't know the details of Australian law, as I say.  But my sense of common law countries is that, like the US, they are primarily concerned about negligence (incompetently or imprudently neglecting to understand the business and make informed decisions), disloyalty (fraudulently engaging in self-interested transactions that either hurt the company or should have been offered to the company), and recklessness (not bothering to seek out information).  As long as you are active, informed, engaged, and not engaging in secret deals outside the company (especially deals where either side is competing with the company), then that would be more than sufficient under the US standard. If you are concerned about liability, then inquire into indemnifications by the company (in the US, the company can usually pay all legal costs of directors), insurance, and legal counsel.  I imagine your business partners are no more savvy than you are.  My impression is you are overreacting to relatively rare and exotic expression of corporate law (at least in the US). But I'll close by repeating that I don't know Australian corporate law."}
{"_id": "80763", "title": "", "text": "120 markets in under 6 months is slow?  The network is improving dramatically. I've had only one speed problem in the last 4 years and that was last July. Everything has been quite excellent since.  Once they inject that 800 mhz spectrum, everyone will see quite an improvement."}
{"_id": "80768", "title": "", "text": "&gt; Average walmart pay is less than $10/hour.   My friend worked at Amazon in Schertz, Texas. Single mother. Made $9/hr. She had to quit her job because between daycare and driving to work, gas cost too much. Amazon is hoping to replace all warehouse operations with robots by 2019."}
{"_id": "80769", "title": "", "text": "I can't address Indian law but US law has no problems with you having savings accounts in India.  Furthermore, there are no tax consequences from paying off the student loan. However there is big problem here--while the US has no rules against foreign bank accounts it has reporting rules that you certainly have violated (if you hadn't violated them you wouldn't be asking the question.) 1)  Those foreign bank accounts must be listed on your tax return. 2)  Those foreign bank accounts must be listed on a PDF that's filed with the (Financial Crimes Enforcement Network.  (Yes, it's very stupid they need identical information sent to two different departments.) 2)  The interest you earned on that bank account is income that should have been reported on your return. As for what to do about it--this is the realm where you get professional help.  As for the outcome--since you didn't set out to cheat they have a much less harsh system set up.  Expect to amend your 2012 and 2013 returns (and 2014 if you've already filed it), pay interest and late-payment penalties on the additional tax caused by the interest and pay a penalty of 5% of the highest total value of the accounts. Since the discovery of large amounts of money being hidden from the taxman in Swiss bank accounts Congress has gone 1000# gorilla about it and been pressuring foreign banks to cough up the details on any US-citizen or US-resident depositors."}
{"_id": "80784", "title": "", "text": "Makes sense. Why should a company support a group giving it negative press?  Devout followers of the free market, how do you solve this problem? People don't want to pay for news when it only talks about problems they can not fix and only indirectly affects them. That leaves companies free to keep their consumers misinformed."}
{"_id": "80789", "title": "", "text": "I got notice from Charles Schwab that the forms weren't being mailed out until the middle of February because, for some reason, the forms were likely to change and rather than mail them out twice, they mailed them out once. Perhaps some state tax laws took effect (such as two Oregon bills regarding tax rates for higher incomes) and they waited on that. While I haven't gotten my forms mailed to me yet, I did go online and get the electronic copies that allowed me to finish my taxes already."}
{"_id": "80793", "title": "", "text": "I am not sure if these are available today in your country:  but supposedly, back when Catholic countries similarly forbade usury, sinecures were invented to circumvent religious restrictions on finance. Meaning literally 'without care', sinecures were formally prestigious salary-paying jobs with few responsibilities. They were bought by the wealthy from the Church or State. The salaries for sinecures, accumulated over time, exceeded the initial purchase price. As such, some moderns consider sinecures usury in all but name."}
{"_id": "80797", "title": "", "text": "My equities portfolio breaks down like this: (I'm 26 years old, so it is quite aggressive) Additionally, I have a portfolio of direct real estate investments I have made over the past 4 years.  I invested very aggressively into real estate due to the financial crisis. As a result of my aggressive investing & strong growth in real estate, my overall asset breakdown is quite out of balance. (~80% Real Estate, ~20% Equities) I will be bringing this into a more sensible balance over the next few years as I unwind some of my real estate investments & reinvest the proceeds into other asset classes. As for the alternative asset groups you mentioned, I looked quite seriously at Peer to Peer lending a few years back. (Lending Club) However, interest rates were quite low & I felt that Real Estate was a better asset class to be in at the time.   Furthermore, I was borrowing heavily to fund real estate purchases at the time, and I felt it didn't make much sense to be lending cash & borrowing at the same time.  I needed every dime I could get a hold of.  :)  I will give it another look once rates come back up. I've shied away from investing in things like actively managed mutual funds, hedge funds, etc ... not because I don't think good managers can get superior returns ... rather, in my humble opinion, if they DO get above average returns then they simply charge higher management fees to reflect their good performance. Hope this helps!"}
{"_id": "80802", "title": "", "text": "\"Actuaries make serious bank. If you're good at math and statistics then that is the path my young padawan. I feel you, got my BS in Econ before getting MBA and CFA because the degree is \"\"worthless\"\" from a job perspective. Invaluable from a life perspective though. Still my favorite subject, I miss econ but no way I wanted to get the PhD necessary to do anything with it.   Sorry for the digression. CFA L3 (even L2) \u2265 MFin and a lot cheaper/faster if you are smart and can handle studying on your own.  edit: I have friends in corp finance, they are miserable. If you feel under appreciated now then you probably will in that field as well. Lots of long hours of modelling and template whoring. Upside is that it is better security than most financial positions.\""}
{"_id": "80821", "title": "", "text": "Whole Foods' quality standards are not as strict as you think. Their products tend not to contain certain ingredients, but I think you should read the ingredient labels further the next time you take a visit. As someone who is incredibly specific with my food preferences and admittedly snobbish about ingredients, WF has a lot of crap honestly.   And FWIW, Costco and the like sell many of the same brands that WF does, but at cheaper per unit prices."}
{"_id": "80826", "title": "", "text": "Starting with the Dummy Forex account is a wise move for every new forex trader. Do forex trading with a dummy account at least for a year. Startling directly with real money is a terribly costly move. Therefore, it is wise to have a solid trading strategy to execute. Make sure that your strategy is realistic and practical. Most importantly, using your dummy forex account, it is must for you to make at least one or two profits in a year. At last, be sure to invest money that you can recover without any tension."}
{"_id": "80827", "title": "", "text": "At TAPE-RITE we are \u201cThe Specialists in Specialty Tapes\u201dSM . We stock a wide range of tapes including: double-coated, electrical, Teflon (PTFE), Kapton (Polyimide), fiberglass, foam, aluminum, cloth, military &amp; aerospace spec, high temperature and many. for details call us at: 516-406-8294 / 800-532-2309 Fax at: 516.328.0344 E-mail at: sales@taperite.com visit us: http://taperite.com/"}
{"_id": "80830", "title": "", "text": "\"Because Google recently decided that they will not provide Maps for free to partners who use the data, and Apple was the largest Maps user.   Cutting the Apple created Maps app that used Google data and forcing Google to release their own app basically means Google goes from cashing checks from Apple to having to create and support an app all on their own dime.  Also, do you want to guess why Apple Maps w/ Google data didn't have features like Turn by Turn Navigation? If you guessed \"\"Google didn't allow Apple to have it\"\", you guess right.   Apple had to do it not only to try and reach feature parity, but to prevent themselves from having to pay their biggest competitor to use Maps data.\""}
{"_id": "80838", "title": "", "text": "Having recently been given basically the same question it hinges on a few major factors. What does your apartment provide (e.g. heating, internet/etc)? My (personal) example. With my numbers (which includes taxes, insurance estimates, minor repairs to home as needed), also ignoring all costs that are shared (e.g. food, internet, car insurance, etc), I am only making a difference around $450 per month. In 5 years I would save ($450 * 12 * 5) $27,000. However I also have to pay costs for buying the house (transfer deed, laywer fees, home inspections, etc) which in my case cost around $3000. Not to mention selling a home has some costs (I think around $1500+ in my area) as well as the realitor taking a cut (which I also think is around 2.5% = $7,225. So we can probably estimate you would lose around $15000 at most, buying and selling the home when all final costs come in. Which means in my case I would at most be saving around $12,000... probably less (assuming I did not miss anything). So basically 12,000/(12*5) = $200 per month saved. TLDR: I don't think its worthwhile, because there is a lot of risks involved, and houses tend to require a lot of extra work/money. With apartments you have little/no risk, and can freely leave at the end."}
{"_id": "80840", "title": "", "text": "Talk to your parents, and find out if you are reducing the debt or not.  Find buyers, sell the place now and get out the deal.  Of course you will have to wait to get a good price on it.  Short term you haven't lost that much, but long term you will. Take your 25%, and use it as a down payment on a regular bank mortgage.  Lesson learned move on."}
{"_id": "80844", "title": "", "text": "After looking at your profile, I see your age...28.  Still a baby.  At your age, and given your profession, there really is no need to build investment income.  You are still working and should be working for many years.  If I was you, I'd be looking to do a few different things: Eliminating debt reduces risk, and also reduces the need for future income.   Saving for, and purchasing a home essentially freezes rent increases.  If home prices double in your area, in theory, so should rent prices.  If you own a home you might see some increases in taxes and insurance rates, but they are minor in comparison.  This also reduces the need for future income. Owning real estate is a great way to build residual income, however, there is a lot of risk and even if you employ a management company there is a lot more hands on work and risk. Easier then that you can build an after tax investment portfolio.  You can start off with mutual funds for diversification purposes and only after you have built a sizable portfolio should (if ever) make the transition to individual stocks. Some people might suggest DRIPs, but given the rate at which you are investing I would suggest the pain of such accounts is more hassle then it is worth."}
{"_id": "80852", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-08/irma-s-wreckage-to-depress-u-s-economy-further-following-harvey) reduced by 80%. (I'm a bot) ***** &gt; Hurricane Irma&amp;#039;s expected collision with Florida will probably deepen and prolong the slowdown in a U.S. economy already digesting the impact of another storm that smashed ashore in Texas two weeks ago.  &gt; The September timing of Irma threatens economic damage that will spill over into the final three months of the year, extending the volatility the U.S. was set to experience in the third quarter from Hurricane Harvey.  &gt; Irma will &amp;quot;Create further weakness in indicators that are already softening as the result of the hurricane,&amp;quot; said Michelle Meyer, head of U.S. economics at Bank of America Corp. in New York, who trimmed the tracking estimate for this quarter by 0.4 percentage point to 2.5 percent.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ywf1w/irmas_wreckage_to_depress_us_economy_further/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~206607 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Irma**^#1 **inflation**^#2 **U.S.**^#3 **quarter**^#4 **time**^#5\""}
{"_id": "80866", "title": "", "text": "I see a lot of people making the mistake or being given bad advise in structuring a new business. If you have more than one shareholder, then by all means an S Corporation is a better structure for lower taxes; avoid double taxation. If, however, this is a one shareholder S Corp, then you had better 1099 yourself as a consultant or look into sole proprietorship. The tax benefits are much better either way. Dr. Suraiya Shaik Ali"}
{"_id": "80871", "title": "", "text": "long deep ITM calls is equivalent to owning the equity.  You're going to pay alot and hence will start off in a hole already, and you aren't getting too much leverage there at all depending how deep ITM you go.  Covariance scales, but assuming B-S in order to get nice scaling and ignoring the risks you are actually taking with options (unlimited down-size ie you can lose your entire investment in the option, people forget this) will screw you unless you really know what you are dong.  Leverage means increasing your risk.  long dep ITM is not obtaining much leverage and therefore not risking too much.  but you aren't going ot get 3-4x leverage this way.  you get leverage by saying: oh, i have 100, i could invest in 1 share of stock OR I could buy 100 worth of some option.  If I pick a deep ITM (think strike = 0) it's identical to owing the stock.  If i pick ATM, i have a ~50/50 chance of wining, so i should be able to double my upside.  If I go OTM, i can increase my exposure to the upside while increasing hte chance that my options expire worthless.  So really, i have no idea why deep ITM do what you are trying to do.  and If you don't either, you probably shouldn't do it."}
{"_id": "80876", "title": "", "text": "Wall Street is livid because WF is their competitor. WF is mostly an investment bank - they make the majority of their money from equities, bonds, currency trading, corporate services, etc. Small time auto loans aren't a huge portion of what they do. Why would something that's 1% of their business cause a 15% drop?"}
{"_id": "80894", "title": "", "text": "The broker would give you a margin call and get you to deposit more funds into your account. They wouldn't wait for the stock price to reach $30, but would take this action much earlier. More over it is very unrealistic for any stock to go up 275% over a few hours, and if the stock was this volatile the broker would be asking for a higher margin to start with. What I am really worried about is that if there were any situation like this you are not considering what you would do as part of your risk management strategy. Before writing the option you should already have an exit point at which you would buy back the option to limit your losses."}
{"_id": "80900", "title": "", "text": "Most of the people like to buy wardrobes which would occupy less space but before you purchase them you need to consider a lot of things. You can't buy any wardrobe that in a way as there are lot of things to be checked such as quality wood, color, space and other important things."}
{"_id": "80907", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.marketwatch.com/story/paris-agreement-or-not-solar-employment-looking-brighter-than-coal-2017-06-02) reduced by 89%. (I'm a bot) ***** &gt; Cohn told CNBC, &amp;quot;At some point in the cycle, coal will be competitive again. We want to keep coal available, we want to be in the coal business.\"\"  &gt; The Labor Department reported Friday that 51,000 people were employed in coal mining in May. But BLS doesn&amp;#039;t break out employment in other forms of energy production in any way for comparison.  &gt; In January, the outgoing Obama administration Energy Department released a report on energy and employment that showed that over 370,000 people were employed in the solar industry, compared to 86,000 in the coal industry.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ey52u/paris_agreement_or_not_solar_employment_looking/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135260 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **energy**^#1 **coal**^#2 **industry**^#3 **job**^#4 **economy**^#5\""}
{"_id": "80913", "title": "", "text": "\"It should be pretty obvious that without knowing what sort of assets the company owns, and what sort of net earnings are being generated it's impossible to say what a $20k equity investment should get you in terms of ownership percentage.   With that said, you want to look at a few to several years of books, look for trends.  Some things to understand that might be subtle red flags: It's extremely common for early stage investors to essentially make loans rather than strictly buying shares.  In the worst case scenario creditors get to participate in liquidation proceedings before shareholders do.  You may be better off investing in this business via a loan that's convertible to equity at your discretion.   Single owner service companies are difficult because all of the net earnings go to the proprietor and that person maintains all of the relationships.  So taking something like 5 years of net earnings as the value of the company doesn't make much sense because you (or someone else) couldn't just step in and replace the owner.  Granted, you aren't contemplating taking over the business, but it negates using an X years of net earnings valuation method.  When you read about valuation there is a sort of overriding assumption that no single person could topple the operation which couldn't be farther from the truth in single employee service companies.  Additionally, understand that your investment in a single owner company hinges completely on one person's ability and willingness to work. It's really vital to understand the purpose of the funds.  Someone will be hired?  $20,000 couldn't be even six months of wages... Put things in to perspective with a pad, pen and calculator.  Don't invest in the pipe dream of a friend of yours, and DEFINITELY don't hand this person the downpayment for their new house.  The first rule of investing is \"\"don't lose money,\"\" this isn't emotional, this is a dollars and cents pragmatic process. Why does the business need this money?  How will you be paid back?   Personally, I think it would be more gratifying to put $20k in a blender and watch it blend, this is probably a horrible investment.  The risk should just be left to credit card companies.\""}
{"_id": "80938", "title": "", "text": "Healthcare systems are complex and imperfect, there's no single metric. However, there's the [Bloomberg Healthcare Efficiency Index](https://www.bloomberg.com/news/articles/2016-09-29/u-s-health-care-system-ranks-as-one-of-the-least-efficient) published annually since 2012 which provides a consistent method over several years.  The most recent one shows the US being #50 out of 55 countries.  Their methodology and data sources are described at the bottom of the[ linked table](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iNK1THx4aD20/v3/-1x-1.png)."}
{"_id": "80939", "title": "", "text": "Really  . .slave of the S&amp;P . . .  Seems to me its more like the shemeckles have a great thing going, 12 banks, one for each of the one tribes of Israel  And only a shemeckle can be the head of the Fed . .so it seems to me its more like America is slave to the Fed"}
{"_id": "80943", "title": "", "text": "\"&gt; Just because at some random point in time, the European economy was doing OK, doesn't mean that it will definitely be ok  I'm not claiming it will be \"\"definitely be ok\"\".    definitely ok != utterly doomed.  &gt; What happens when the Greeks default?  If they were paying in drachma, they wouldn't default.  They'd print more drachma and inflation would occur.   That's how currency imbalances adjust.  Germany wants it both ways.  They want a stable Europe-wide currency but they don't want a Europe-wide economy, they want their economy isolated from the problems in the rest of Europe.  Germany should leave the Euro.\""}
{"_id": "80953", "title": "", "text": "Source"}
{"_id": "80965", "title": "", "text": "\"Right, but if you lived in the area, you have already made the decision that they are your \"\"go-to\"\" retailer or not.  The majority of people in their competitive market have decided Market Basket is not their preferred choice, but will this story make them reconsider?\""}
{"_id": "80978", "title": "", "text": "I'm not being clear enough. I'll try a different tack.  What sits *behind* the concept of corporate personhood that gives it such flexibility to pick and choose what parts of natural personhood they want? Bar them from financial involvement in politics? Oh no, that would violate their First Amendment rights, *just like a natural person being muzzled*, can't have that!  Write off expenses before paying tax on remaining income? Oh yes, we definitely must keep that, nevermind that a natural person isn't treated like that.  Okay, so there is a huge difference between corporate and natural personhood. Even with a [history of corporate personhood](http://www.npr.org/2014/07/28/335288388/when-did-companies-become-people-excavating-the-legal-evolution), what I'm missing is a walk through of the arguments that established the collective rights of an assemblage of natural persons rises to the level where those rights must be secured the same as a natural person. In layman terms, what steps were used to reach that conclusion? Without going to law school and then slogging through the actual historical decisions?"}
{"_id": "80994", "title": "", "text": "Your question begins with a misunderstanding.  When you prepare your tax return (Form 1040/1040A/1040EZ) you always try to minimize your total tax bill.  When you fill out form W4 you trying to estimate how much tax will be shown on next years tax return.  The penalty for having too much tax withheld is not having the use of the money until you get a tax refund. At the moment interest rates are very low and your economic loss is the temporary loss of access to the money. One exception would be if you are carrying credit card debt. In that case you are, in effect, paying 20-30% interest to borrow money you lending to the US Treasury for 0% interest. The penalty for having too little tax withheld is having to make a large payment with your tax return. If your pre-payments aren't at least as much as your total income tax from last year there may also be modest underpayment penalty based on the difference between your pre-payments and your total income tax from last year or this year whichever is less. A large underpayment will trigger a different larger underpayemnt penalty. The W4 combined with the withholding rates tends to over-withhold income tax for most, but not all, taxpayers. Most people don't have enough savings to pay a large tax due, which leads to more penalties and an even larger bill. Over-witholding protects the overall tax system from the consequences of those events. People tend to be very unhappy, not quietly. On balance your greatest economic benefit depends on whether or not you have high interest debt. If you do, then accurate and even slightly under-withholding will probably work to your advantage as long as you can pay next 4/15. If not, avoiding the chance of having any unexpected balance due next year may be more important."}
{"_id": "81016", "title": "", "text": "College costs are increasing 8% per year.  In 18 years that's 4 times the current costs of college.  The [current costs](http://money.cnn.com/2011/10/26/pf/college/college_tuition_cost/index.htm) of college are $21,000 annually for a public 4 year degree, and $42,000 annually for a private 4 year degree.  In 18 years that's $336,000 for a public college bachelor's degree, and $672,000 for a private college bachelor's degree.  Per kid.  Suddenly $900,000 doesn't seem so big."}
{"_id": "81017", "title": "", "text": "His immigration policy certainly isn't encouraging the best and brightest to come here in the same numbers that they were before he was in office.  His travel ban is a big reason for this.  Not only that but his administration has a decidedly anti science slant.  They've been deleting research info at the EPA, and their budgets haven't been helpful for science and research either.  So yeah, they haven't been helpful.  Clinton would've been better.  At least she would've tried to improve our assistance for research and technology subsidies.  Trump doesn't even pretend to care."}
{"_id": "81046", "title": "", "text": "To be safe you should donate the printer to the charity. Or even better, have the charity purchase it and you donate a equivalent number of dollars directed towards purchasing the equipment. Once your wife no longer volunteers with the charity it should be returned to the charity because they own it."}
{"_id": "81052", "title": "", "text": "Also, Amazon doesn't care about profits as much as it cares about market share. Where before Whole Foods' management had to seek profit growth to keep stockholders happy, I can see Amazon running Whole Foods at a breakeven point or even a loss if it means that it allows Amazon to extend the reach of same-day Prime delivery and overall Prime membership numbers.  I mean, if you think about it, Amazon could basically start turning Whole Foods stores into essentially warehouses for food delivery that also sell food the normal retail way. That would make just breaking even on the stores a better option than if Amazon had built their own same-day Prime food delivery warehouses across the country."}
{"_id": "81071", "title": "", "text": "This is not totally not in my wheelhouse, so I'm genuinely asking:  Isn't that because gas being purchased on that date has to be purchased at the new high rate, but when selling gas already purchased at the higher old rate has to be sold at the high rate to avoid a loss?  Like, given good faith actors on all sides with no particular profit motive, shouldn't we see prices raise quicker than they fall at the pump anyways?"}
{"_id": "81101", "title": "", "text": "So from Investopedia - Who actually declares a dividend states that the Board of Directors of a company sets the 4 key dates: As these dates are chosen by the Board of Directors, either by internal corporate convention or special situation. Conceivably a Board may choose a Payable Date greater than 2 weeks which may make sense if their accounting partners are unavailable, i.e. extended national holiday. I assume that any period of time longer that what may seem reasonable and customary will be a topic at the next shareholder meeting."}
{"_id": "81106", "title": "", "text": "As AskAboutGadgets notes, there's no lower age limit.  You current age (24) is a pretty good one; you'll have four decades or so for your money to grow and compound, allowing it to become a veritable fortune when you're ready to retire if you invest it fairly aggressively."}
{"_id": "81116", "title": "", "text": "I was nervous when they bought Marvel... but then they gambled on Whedon with *The Avengers*, and made the third-highest-grossing movie of all time *and* a genuinely good film that was liked by critics and audiences... so I think they'll do better than Lucas."}
{"_id": "81132", "title": "", "text": "\"The key term you're looking for is \"\"purchasing power parity\"\", which considers the local prices of goods and services when making comparisons between countries. For example, you can look up the GDP by PPP per capita to get a sense of much people on average incomes can buy in each country. Of course, average incomes may not be too relevant to your own specific circumstances, but nonetheless you can look at the PPP data itself to figure out how to translate specific numbers between two currencies. However, note that the \"\"basket\"\" of goods used to calculate this measure itself has a significant impact on the results. Comparing prices of food and electronic equipment respectively will often give very different answers.\""}
{"_id": "81136", "title": "", "text": "New car prices being up is kinda misleading. New car sales (volume) is down pretty significantly because used car sales are up. This has pushed the average price of a new car down in order to compete with the used market. However, the price of an average new car is up because the people buying new cars are more likely to be buying a nicer one, as others just buy used.   As far as the second part of your last sentence...yeah...these 7 year loans on new OR used cars are fucking terrifying."}
{"_id": "81139", "title": "", "text": "IMHO: The best scenario where Greece does not leave the euro: In this scenario there is probably no risk, because either the ECB will print more money, or other countries will help Greece in some way. The average scenario where Greece leaves the euro: All Bank accounts will be frozen and slowly turned into NEW DRACHMA, and your poor money after the conversion will be worth 50K euro at best (but probably much less). There is also the worst scenario: The bank defaults too, and you will lose everything. Italy has a fund to protect deposits up to 100K euro (I don't know if you have something similar in Greece). However, a similar fund in Greece would be guaranteed by Greek banks and the Greek government, so you might not get much back regardless."}
{"_id": "81148", "title": "", "text": "Your assumptions are flawed or miss crucial details. An employer sponsored 401k typically limits the choices of investments, whereas an IRA typically gives you self directed investment choices at a brokerage house or through a bank account. You are correct in noticing that you are limited in making your own pre-tax contributions to a traditional IRA in many circumstances when you also have an employer sponsored 401k, but you miss the massive benefit you have: You can rollover unlimited amounts from a traditional 401k to a traditional IRA. This is a benefit that far exceeds the capabilities of someone without a traditional 401k who is subject to the IRA contribution limits. Your rollover capabilities completely gets around any statutory contribution limit. You can contribution, at time of writing, $18,000 annually to a 401k from salary deferrals and an additional $35,000 from employer contributions for a maximum of $53,000 annually and roll that same $53,000 into an IRA if you so desired. That is a factor. This should be counterweighed with the borrowing capabilities of a 401k, which vastly exceeds an IRA again. The main rebuttal to your assumptions is that you are not necessarily paying taxes to fund an IRA."}
{"_id": "81150", "title": "", "text": "Form 8288 is to report to the IRS withholding of capital gains tax that may be due from the seller. Foreign nationals don't always file tax returns, so they often didn't pay capital gains tax on properties that they sold. Congress decided to make the buyers responsible for this tax so that they would have a better chance of collecting it. There is a penalty against the buyer if that tax is not withheld. Your attorney should have filed this form on your behalf as part of the closing papers. I think your first step is to look at your copy of the closing papers and see if money was withheld from the sale. There definitely should be disclosure of these requirements before the sale. You should also follow up with your attorney to see whether he has already filed the forms 8288 and 8288-A on your behalf. If you had purchased for less than $300,000 (and were purchasing for your primary residence), you would not have to file that form, but since the property was under $1,000,000 the withholding rate is only 10% (rather than 15%)."}
{"_id": "81156", "title": "", "text": "&gt;so it is a bit of a catch-22.    Yeah it's definitely a trade off that can pay off.   I guess I shouldn't be so self rightious about it. I made a similar trade but I spent those years in the Marines. That was instrumental in me landing my current kick ass position (due to professional networks, not direct experience) but that isn't a prerequisite for the job.   Regardless, it's definitely something that needs to be fixed. Not nipping this in the bud could turn into the single greatest management failure of a generation. We should all work to correct it once we are in positions of influence."}
{"_id": "81157", "title": "", "text": "You won't get a meaningful answer on #1, partially because it's politically charged, and partially because there are too many  unknowns.    To begin with, the policy itself is not fleshed out.  Even if it were, its impact would be open to debate.  Lowering the corporate tax rate will be accompanied by closing certain loopholes, more companies paying US tax instead of shifting income abroad, and it will also impact the level of economic growth.  Each of those assumptions will have a massive impact on the ultimate effect on the debt."}
{"_id": "81163", "title": "", "text": "Obviously it must have been an esthetics thing because they didn't sell, did they? And for any real change to occur is massive adoption of new modfes of transportation and massive capital outlays by Government. Anyone who thinks the private sector is capable of making this change on it's own is delusional.  BTW - here are some new technologies that will be hitting the market in coming decade:  http://www.popularmechanics.com/cars/news/fuel-economy/6-prototype-engines-to-get-your-brain-firing#fbIndex1  http://www.bbc.co.uk/news/technology-15735478  http://www.smartplanet.com/blog/science-scope/top-10-solar-power-advances-to-watch/1509  http://www.timesunion.com/business/article/Solar-power-advances-bringing-down-cost-1398100.php"}
{"_id": "81187", "title": "", "text": "Research Affiliates expects a 10-year real return of about 1.3% on REITs.  See the graph on Barry Ritholtz's blog.  Here's a screenshot from the Research Affiliates website that shows how they calculated this expected return:"}
{"_id": "81188", "title": "", "text": "\"There are many variables to this answer. One is, how close are you to the average salary range in the industry you are working in. If you are making more than average it would make sense that you are not getting a big raise from the employer's perspective. You have to be a top performer if you are looking for the top salary range. Big raises come from promotions or new jobs, generally speaking.  The short and personal answer is, I worked at a big company (bank) and now know that companies do not give large raises to people as a rule.  Honestly the only way to make good $ is to leave, all employers have all kinds of excuses as to why they are not giving you significant raises. Large raises and bonuses are reserved for \"\"management\"\". The bigger the company, the less likely it is that they will give you raises just because, esp. above 3-5%. At the same time, the market sets the rate, and if you are not getting passively recruited, it may mean that you need to work on getting a broader skill set if you are looking to make more $ somewhere else. The bottom line is, you have to think of yourself as a free agent at all times. You also need to make yourself more attractive as a potential hire elsewhere.\""}
{"_id": "81206", "title": "", "text": "When paying off multiple debts there is a protocol that many support. Payoff your debts according to the snowball method. The snowball method proposes that you make minimum payments on all debts except the smallest one. Payoff the smallest debt as quickly as possible. As smaller debts are paid off, that makes one less minimum payment you need to make, leaving you with more money to put against the next smallest debt. So in your case, pay off the smaller debt completely, then follow up on the larger one by making regular payments at least equal to the sum of your two current minimum payments. You'll see immediate progress in tackling your debt and have one less minimum to worry about, which can serve as a little safety of it's own if you have a bad month. As to saving the thousand dollars, that is pragmatic and prudent. It's not financially useful (you won't make any money in a savings account), but having cash on hand for emergencies and various other reasons is an important security for modern living.  As suggested in another answer, you can forgo saving this thousand and put it against debt now, because you will have a freed up credit card. Credit can certainly give you that same security. This is an alternative option, but not all emergencies will take a credit card. You typically can't make rent with your credit card, for example. Good luck paying your debts and I hope you can soon enjoy the freedom of a debt free life."}
{"_id": "81281", "title": "", "text": "You seem to have a grasp of the basic principles involved, but your estimation of the risk you are taking seems a bit low. Your non-investment reserves are unlikely to cover your expenses for more than a month, so the chance that you would need to sell investments to cover additional expenses is high. You mention that I am flexible with the 'cash on hand' amount. For instance, for about three months I put a very tight spending/investing freeze on my life because I knew I'd be leaving jobs and moving (I already had the other job lined up). Those savings presumably went toward moving expenses, as your usual savings were insufficient. In the event that you are laid off suddenly, you might find yourself in the same position again, with added unplanned expenses like fees for breaking a lease. Your current plan involves selling investments to cover the gap. Based on your age you have probably only invested in a predominantly positive market, so the chance that you might need to sell investments for cash seems like a reasonable trade-off for the added potential gains. Your perception might change if the markets go south and you are forced to sell into a down market, possibly at a significant loss. You also don't indicate if your investments are currently sufficient to cover an extended period of unemployment. You are taking on a lot of risk under your current plan. Essentially you are trading possible investment gains for flexibility and time. By making small changes like saving at least enough to move as you did previously, you can give yourself time to react to job loss or other unexpected financial need. Rather than give the traditional emergency funds advice, I suggest you look at the broader picture. The total amount of savings/risk is up to you, but you should consider your current savings as insufficient to rely on as a safety net."}
{"_id": "81284", "title": "", "text": "Because, compared to other professions, there is.  Actuary is borderline the definition of a trade skill. A high paid, high skill trade, but a trade none the less. That is why the pay structure works the way it does.  That is why it is mostly on the job training.  All the things you think are appealing (paid for passing tests, high base pay) are also directly related to the fact that there is a defined ceiling.  Sure, some actuaries break through, and make it to the top of organizations but guess what; most of those that break through are no longer doing actuarial work and are not being promoted for their actuarial skills.  They break through *despite* the trade nature, not because of it."}
{"_id": "81299", "title": "", "text": "Sounds like apple is using leverage, derivatives and its balance sheet responsibly. The numbers are big because this is the largest company in the world.    Obviously, they are gonna get in trouble if people stop buying iPhones, but if there core business remains healthy they will have no issue accessing capital markets to issue debt.   The foreign cash holdings is actually held at bank accounts in ny or ca held in US government securities as tax law allows.  If they sell government securities and use the cash they will be subject to the 35% tax.  In any case the only risk I see at these levels is apple may be taking corporate credit risk it doesn't understand or can't model....  I didn't realize how big these financial operations were getting - great share!"}
{"_id": "81304", "title": "", "text": "You can look the Vanguard funds up on their website and view a risk factor provided by Vanguard on a scale of 1 to 5.  Short term bond funds tend to get their lowest risk factor, long term bond funds and blended investments go up to about 3, some stock mutual funds are 4 and some are 5. Note that in 2008 Swenson himself had slightly different target percentages out here that break out the international stocks into emerging versus developed markets. So the average risk of this portfolio is 3.65 out of 5.  My guess would be that a typical twenty-something who expects to retire no earlier than 60 could take more risk, but I don't know your personal goals or circumstances. If you are looking to maximize return for a level of risk, look into Modern Portfolio Theory and the work of economist Harry Markowitz, who did extensive work on the topic of maximizing the return given a set risk tolerance.  More info on my question here.  This question provides some great book resources for learning as well. You can also check out a great comparison and contrast of different portfolio allocations here."}
{"_id": "81328", "title": "", "text": "From HMRC Note that the rule is when a person becomes entitled to payment of earnings. This is not necessarily the same as the date on which an employee acquires a right to be paid. For example, an employee's terms of service may provide for the employee to receive a bonus for the year to 31 December 2004, payable on 30 June 2005 if the employee is still in the service of the employer on 31 December 2004. If the condition is satisfied the employee becomes entitled to a payment on 31 December 2004 but is only entitled to payment of it on 30 June 2005. So PAYE applies to it on 30 June 2005 and it is assessable for 2005/06. The date that matters is the date the employee is entitled to be paid the bonus.  But why are you worried about paying tax. That is your employer's responsibility and they will do it for you. Ask you firm's finance department also for further clarification. HMRC are not an organization to mess with, they will tie up your life in knots."}
{"_id": "81335", "title": "", "text": "\"I get it - you hate california, as evidenced by you calling it \"\"the most overrated strip of land on God's green earth.\"\"  Your clearly biased against the area.  But the numbers work out.  Your not just making three figures - in my offer, and in most mid career offers, your making 200k+.  You talk about these groups of triple digit income devs living in a house together - yeah this does happen in some cases, mostly in San Fran.  Look dude, I have friends out there who work for these companies, I've been offered and done the math knowing the real facts.  I'm not here to say California, and more specifically the valley is cheap, I'm just saying for someone in tech the money usually works out as better out here (if your not buying a house, I should mention - I'm younger and have no desire to be tied down to a house), the career trajectory perks are here, and the perks and nature factor are real.  I live in the Midwest - I get it, you like it here.  But of you think having to drive 3 hours down to red river gorge to see actual terrain, as in something more than ant hills, is great access to nature then we clearly have different ideas on what sorts of nature we enjoy.  I myself am a backpacker and mountain biker so the west coast is much better for my hobbies.  Moab would be ideal, but there are no jobs there, but that's part of the reason I turned down my valley offers for a 100% remote gig so I can travel to those sorts of areas.\""}
{"_id": "81343", "title": "", "text": "\"I disagree with the selected answer. There's no one rule of thumb and certainly not simple ones like \"\"20 cents of every dollar if you're 35\"\". You've made a good start by making a budget of your expected expenses. If you read the Mr. Money Mustache blogpost titled The Shockingly  Simple Math Behind Early Retirement, you will understand that it is usually a mistake to think of your expenses as a fixed percentage of your income. In most cases, it makes more sense to keep your expenses as low as possible, regardless of your actual income.  In the financial independence community, it is a common principle that one typically needs 25-30 times one's annual spending to have enough money to sustain oneself forever off the investment returns that those savings generate (this is based on the assumption of a 7% average annual return, 4% after inflation). So the real answer to your question is this: UPDATE Keats brought to my attention that this formula doesn't work that well when the savings rates are low (20% range). This is because it assumes that money you save earns no returns for the entire period that you are saving. This is obviously not true; investment returns should also count toward your 25-times annual spending goal. For that reason, it's probably better to refer to the blog post that I linked to in the answer above for precise calculations. That's where I got the \"\"37 years at 20% savings rate\"\" figure from. Depending on how large and small x and y are, you could have enough saved up to retire in 7 years (at a 75% savings rate), 17 years (at a 50% savings rate), or 37 years! (at the suggested 20% savings rate for 35-year olds). As you go through life, your expenses may increase (eg. starting a family, starting a new business, unexpected health event etc) or decrease (kid wins full scholarship to college). So could your income. However, in general, you should negotiate the highest salary possible (if you are salaried), use the 25x rule, and consider your life and career goals to decide how much you want to save. And stop thinking of expenses as a percentage of income.\""}
{"_id": "81344", "title": "", "text": "\"&gt;  it emerged in Parliament that the European Commission, in return for allowing the nationalisation of the Rock, had placed a limit on how long the bank could stay in state ownership.  EU acts as though it's doing a favor by \"\"allowing\"\" Britain to nationalize its own bank? Shouldn't they be thrilled? Isn't the British Taxpayer the one footing the bill? And look at what a festering dung hole the eurozone has become. One can only guess what backroom deals have been hatched by wealthy investors to \"\"allow\"\" the breaking of EU rules by their counterparts in other countries.\""}
{"_id": "81353", "title": "", "text": "When you sell a stock that you own, you realize gains, or losses. Short-term gains, realized within a year of buying and selling an asset, are taxed at your maximum (or marginal) tax rate. Long term-gains, realized after a year, are taxed at a lower, preferential rate. The first thing to consider is losses. Losses can be cancelled against gains, reducing your tax liability. Losses can also be carried over to the next tax year and be redeemed against those gains. When you own a bunch of the same type of stock, bought at different times and prices, you can choose which shares to sell. This allows you to decide whether you realize short- or long-term gains (or losses). This is known as lot matching (or order matching). You want to sell the shares that lost value before selling the ones that gained value. Booking losses reduces your taxes; booking gains increases them. If faced with a choice between booking short term and long term losses, I'd go with the former. Since net short-term gains are taxed at a higher rate, I'd want to minimize the short-term tax liability before moving on to long-term tax liability. If my remaining shares had gains, I'd sell the ones purchased earliest since long-term gains are taxed at a lower rate, and delaying the booking of gains converts short-term gains into long-term ones. If there's a formula for this, I'd say it's  (profit - loss) x (tax bracket) = tax paid"}
{"_id": "81363", "title": "", "text": "And we're talking only about trumps tax plan which is at 15%. Everyone wants to pay less taxes doesn't mean it's affordable. The Fortune 500 need to fork up the money. You know what would save you money? Bailing out homeowners by taxing the Fortune 500 500b and dishing out refinancing 100k to 5m owners at 1% which will all be returned to the coffers. Borrowing more and more pretending like it's poor people's fault isn't solving shit."}
{"_id": "81378", "title": "", "text": "\"I never put race into it, but ok...  I hear lots of interesting stories about teaching. The most recent involves an experimental program where the teacher performance isn't graded on student outcomes but how well they're following the narrative defined by the program. Every few years teachers are handed new programs that the district curriculum people bought and told \"\"you're going to teach $subject using this program now!\"\" (sometimes those programs work better for different groups of students - the ones that it was evaluated with do great, the ones in different neighborhoods are failed by the program) The programs are implemented district wide and the teachers are told not to deviate from the programs.  Sometimes you get a superintendent into a district who decides that \"\"no child left behind\"\" means \"\"no child can be held back\"\" and so you get children hitting second or third grade without being able to identify the letters in the alphabet, let alone read.  A recent [example](http://emergepeoria.blogspot.com/2012/06/this-is-open-letter-to-d150-board-of.html) from the town I grew up in.\""}
{"_id": "81388", "title": "", "text": "There might just not be anything useful for you to do with that 'value'. As others mentioned, HELOCs have their risks and issues too. There is no risk-less way to take advantage of the value (outside of selling) It is similar to owning a rare stamp that is 'worth a million' - what good does it do you if you don't sell it? nothing. It is just a number on a sheet of paper, or even only on some people's minds."}
{"_id": "81394", "title": "", "text": "\"Here is where I am confused. On the income statement I am looking at it has a line item in cogs that is \"\"change in jobs in progress\"\".   Change in JIP =  (Starting raw materials, wip, and finished goods) - (Ending raw materials, wip, and finished goods) for the accounting period.  From what I researched cost of goods manufactured is added to cogs:  \"\"The formula for the cost of goods manufactured is the costs of: direct materials\u00a0used\u00a0+ direct labor\u00a0used\u00a0+ manufacturing overhead assigned = the\u00a0manufacturing costs incurred in the current accounting period\u00a0+ beginning work-in-process inventory - ending work-in-process inventory.  A manufacturer's\u00a0cost of goods sold\u00a0is computed by adding the finished goods inventory at the beginning of the period to the\u00a0cost of goods manufactured\u00a0and then subtracting the finished goods inventory at the end of the period.\"\"  So it isnt wip that is in the income statement it is change in inventory. Why do they include the \"\"change of inventory\"\" in cogs? Wont this just be material and labor that should be in for the next accounting period cog calculation?\""}
{"_id": "81411", "title": "", "text": "Once again, I never said we 'give up'. Find those words in my statement! Don't you find it odd you're stating what you feel is implied and then claim you didn't assume? I didn't imply anything except what I said. It's not time now, it was time a long time ago. Nader is slow and ineffective."}
{"_id": "81412", "title": "", "text": "\"Jesus Christ dude, your entire comment. Let's start with the blatently and simply wrong.  &gt;Even Wal-Mart can't come close to matching it.  Walmart operates on a \"\"just in time\"\" basis that they operate themselves, with as many walmarts that exist around the country, you can go witness this by yourself, every day of the week 364 days a year.  &gt;Whole Foods, on the other hand, is a mess. That's why they were struggling to compete against other big supermarket chains who started offering organic foods too.  WF can't compete because their entire business model is unsustainable, it has nothing to do with logistics and everything to do with how the grocery business works. You can't lower prices when you're covering up for high losses on other parts of the store, that is why they're expensive. The only thing Amazon can bring to the equation is a system in which WF suddenly can operate at a loss and Amazon share holders simply don't care, like they haven't cared for the last 20 years amazon has made \"\"no money\"\".\""}
{"_id": "81414", "title": "", "text": "The value to you of a tax free fund is going to depend largely on your current marginal tax bracket. For example if you had a regular MM that was paying 1% and it was taxable, then your net off that one percent would be  If the tax free MM fund pays .75% then you would be a tiny bit ahead using it, if you are in the 28% bracket, but you would be behind if you are in anything lower than 25%   The primary market (IMHO) for Tax Free money market funds is for high wealth individuals who are in the 33 OR 35 percent brackets"}
{"_id": "81416", "title": "", "text": "When you give your credit card number and authorize a merchant to charge your credit card, the merchant then gives the information to their merchant processor which in turns bills the bank that issued the card (it's a little more complex and it all happens instantly unless the merchant is using the very old fasion imprinting gizmos). It is possible for a merchant to attempt to charge you more than you authorized but if they do they risk a fine ($25-$50 for a chargeback) from their processor, the legitimate portion of the charge as well as increasing the processing fees charged by their processor or even the possibility of loosing their merchant account entirely and being permanently blacklisted by Visa/Mastercard. In short no legitimate business is going to intentionally over charge your credit card.  There really isn't significant risk in using a reputable online retailer's order forms. There is the possibility that their database could be compromised but that risk is lower than the risk of having an employee steal your credit number when you give it to them in person. Besides in the US at least the most you can legally be held liable for is $50 assuming you notice the discrepancy within 60 days of statement the charge appears on and most banks limit liability to $0.  Over the years I have had a number of different credit card numbers stolen and used fraudulently and I have never had to pay any fraudulent charges."}
{"_id": "81436", "title": "", "text": "This is finance, just because your from India doesn't mean much (And I was born and spent a good part of my youth in Kerala). I pretty actively invest in emerging markets and while India has a large number of problems, it is still looking like a good investment in this global environment."}
{"_id": "81441", "title": "", "text": "There is such a thing as a buy-write, which is buying a stock and writing a (covered) call simultaneously. But as far as I know brokers charge two commissions, one stock trade and one options trade so you're not going to save on commissions."}
{"_id": "81457", "title": "", "text": "[Eliminating breaks **would allow the government to simplify the tax code and broaden the base of income** against which taxes are levied] [The dilemma\u2014which Republicans are colliding with right now\u2014is that many of the biggest tax breaks, especially for individuals, are **popular and hard to dislodge.**]"}
{"_id": "81458", "title": "", "text": "\"Usually, the amswer to \"\"why sell it\"\" is \"\"to maintain the specific distribution balance, or to track the index, that this fund was designed to offer.\"\" A \"\"buy and hold\"\" fund could only buy when users are actively putting money into it. That limits their ability to follow those approaches.  And I think there would be problems msking withdrawls/redeptions \"\"fair\"\", in terms of what shares are sold and how the costs for selling them are distributed, that don't arise for a single buy-and-hold investor. If you're willing to accept the limitations of the former, and can overcome the latter, it's an interesting idea...  But note that one of the places index funds save money is that, since the composition of indexes changes rately, they are already operating mostly in buy-and-hold mode.It's unclear how much your variant would save. Worth exploring in greater depth, though. I think.\""}
{"_id": "81467", "title": "", "text": "\"It's really not an \"\"either-or\"\"... it's BOTH.  They each have their place &amp; use.  * 2-sided business cards are best thought of as **\"\"miniature advertising brochures\"\"** (shirt pocket/wallet-sized) -- great for certain types of businesses -- and for being generic (and cheap) handouts at show booths, conventions, etc. (Plus you can issue a stack of them to ANY employee -- 2-sided cards should be \"\"company\"\" cards, *sans* any individuals names or contact info -- just the general company phone number, website, etc).  *Other than being mere \"\"advertising\"\" one useful option is to make the back of the card have something VALUABLE on it (something that makes the person KEEP it) -- calendars, industry reference info (chart/table/common calculations, etc).*  * 1-sided business cards are **personalized \"\"calling cards\"\"** (logo, person's name, title &amp; SPECIFIC contact info, phone + ext, email, etc -- in addition to base company info) -- you use them when meeting people SPECIFICALLY &amp; PERSONALLY -- and you want the back to be blank for you (or them) to scratch notes, etc. (in fact even leaving some white space on the front is a good idea).  EDIT: ***[This guy's got it nailed!](http://www.reddit.com/r/business/comments/2cjxja/one_sided_business_cards_or_two_sided/cjg8jox)***\""}
{"_id": "81481", "title": "", "text": "\"&gt; fucking buddhists or christians or whatever other hocus pocus religions  Racist. This right here shows exactly how backwards your views are. You religion is cool. Everyone who is different? Fuck em. Those are YOUR words.  Being in the KKK is not a religion protected by the first amendment. That may be one of the dumbest arguments you've used (and you've used some REALLY dumb ones today).  I'm so over this stupid conversation. I know you're desperate for the last word, so have at it. Make any last stupid, ignorant points that you feel the need to. Then you can run and tell your buddies at /r/the_donald all about how \"\"wrong\"\" I was. After that, you can fuck right off.  To summarize: You're a racist piece of shit, your views are based on FALSE assumptions, and you're spouting \"\"information\"\" that is dangerous, stupid, wrong, and not at all based in reality. Have a great rest of the day, you worthless fuck. Good night, and don't let the evil Muslims bite!\""}
{"_id": "81483", "title": "", "text": "As the other answer already states, whether you should or shouldn't currency-hedge your equity investments depends on a lot of factors. If you decide to do so, depending on your investment vehicles, there might be a more cost-efficient way than arranging a separate futures contract with a bank: If you are open to (or are already investing in) ETFs, there are currency-hedged versions of some popular ETFs. These are hedged against the currency risk for a specific currency; for example, if you are buying in (and expecting to sell for) USD, you would buy an ETF hedged to USD. Of course they have a higher expense ratio than non-hedged ETFs since the costs of the necessary contracts are included in the expenses."}
{"_id": "81486", "title": "", "text": "Sharpe ratio can work but is often too complex for retail traders.  Consider using R-Multiples, where R is the amount risked on the trade. If you're risking 100 and you make 200, that's a 2R trade.  There's no right R multiple and it's dependent on your trading style.  Van Tharp's books help describe it better."}
{"_id": "81494", "title": "", "text": "It was actually meant to be more of just a joke comment. But it doesn't take very many successful billion dollar lawsuits to justify $10 million a pop.  Personally I think that part of the patent reform solution is that patents are non-exclusive; however, licensing must be set up before use including free licensing if the owner wants to public domain it. If the two parties can't agree to terms then it goes to a arbitrator to set the the licensing fees which is binding. The arbitration will take into account the research and development costs required, likelihood of the same thing being independently created, estimated profits from products using the patent, etc.  Of course the core issue is granting patents for silly stuff but since the ones already in existence are presumably grandfathered in I think enforcing market driven licensing fees is the best way to prevent all of the dumb lawsuits going on. The patent holder gets its money or maintains market advantage if the licensing fee is so high that no one wants to pay it and it doesn't prevent competition from using other another party's patented ideas."}
{"_id": "81505", "title": "", "text": "\"I focus on market research, which is both quant-heavy and quant-lite. Many times I can back up my strategy with numbers (\"\"data-driven decisions\"\"), but many times I just have to rely on qualitative findings.  Obviously the most quantitative MBA jobs are in finance and management consulting. Probably the least is strategy, but then that's a skill that you either have or don't have.\""}
{"_id": "81527", "title": "", "text": "\"Right. Because there was no profits. The company managed to grow by keeping very tight control of costs with respect to revenue. It's not a loophole. The alternative is spending less or charging more. Either of these things probably has significantly worse outcomes to the company - slower growth due to lack of reinvestment in the business, or slower growth due to not attracting as many customers through competitive pricing. What they have done is become a very valuable company due to a strong revenue stream. (You can ask whether a strong revenue stream alone is enough to justify their valuation, but investors seem to think so, and it also seems to indicate that they expect the stock price to continue rising or they wouldn't spend that much.)  When Amazon started, I remember people joking \"\"they lose money on every sale, but they make up for it in volume\"\". Seems to have worked out for them in the long run.\""}
{"_id": "81529", "title": "", "text": "so quick stats from wikipedia:  * Applebees: As of December 2015, there were **2,033 US locations**  * IHOP: As of 2015, there were **1,650 IHOP** restaurants in the US  so applebees is closing around 4% of their stores  IHOP is closing 1%  This is pretty insignificant. why is this news?"}
{"_id": "81530", "title": "", "text": "\"Anytime you do work without any payment until the work is complete, you are effectively extending credit to the party receiving your service. How much credit you are willing to extend will vary greatly, depending on the amount and the trustworthiness of the party. For example, if you are charging $50 for something, you probably won't bother to collect money upfront, whereas if you are charging $5,000 you probably would collect some upfront. But if the party you are working for is a large financially sound company, the number may be even much higher than $5K as you can trust you will be paid. Obviously there are many factors that go into how much credit you are willing to extend to your customer. (This is why credit reports exist for banks to determine how much credit to extend to you.) As for the specific case you are asking about, which may be classified as a decent amount of work for a small business, I would default to having a written scope of work, a place in the document for both parties to sign, and specify 50% upfront payment and 50% payment at completion. When you receive the signed document and the upfront payment (and possibly even after the check clears), you begin work. I would call this my \"\"default contract\"\" and adjust according to your needs depending on the size of the job and the trustworthiness of the customer. As for your question about how to deposit the check, that depends on what type of entity you are. If you are a sole proprietor you should ask for the checks to be made out to you. If you are a business then the checks should be made out to your business name. You don't need \"\"in trust\"\" or anything similar because your customer, after paying the upfront fee, must trust that you will do the work you promise to do, just like you have to trust that after completing the work you will receive the final payment. This is the reason the default is 50% before and after. Both parties are risking (roughly) the same amount. Tip: having done the \"\"default\"\" contract many times in my career, both as a sole proprietor and a business owner, I can assure you there is a big difference between a potential customer agreeing to something in advance, and actually writing a check. The upfront payment definitely helps weed out those that were never going to end up paying you, even if their intentions were good. Tip 2: be as specific as possible as to what the scope of work will include. If you don't, particularly with software, they'll be adding feature after feature and expecting it to be \"\"included\"\".\""}
{"_id": "81542", "title": "", "text": "Depends on how the overtime works.  When I worked for an oil pipeline company overtime paid 2x past 40 hours, and 4x past 60 hours.  Also if you worked a holiday you got paid for the holiday plus the hours you worked, and the hours counted as overtime even if you weren't at 40 hours yet."}
{"_id": "81548", "title": "", "text": "\"For the really big money, you've missed the boat. Most will have MSc's in finance by now; which, even in my day 20 years ago, was a minimum entry requirement.  There's a well known book of questions that used to get asked in interviews called \"\"Heard on the Street\"\". It'll let you know whether you can cut it on the floor or you're better off in middle or back office. It's very old but typical of the understanding and mind type you need.  Investment management should be a possible. It's a totally different pace of life.  If you're talking accounting, you'll be fine!\""}
{"_id": "81554", "title": "", "text": "Heck no, don't spend more! I saved a ton of money when I got my first real job. You won't always be able to do this.  Save a bundle while you can."}
{"_id": "81570", "title": "", "text": "\"Oh I see, as a \"\"Chicagoan\"\"? Well I guess if you were from Detroit, Stockton, Mammoth Lakes, Jefferson County, Harrisburg, Central Falls, or Boise County you might understand why it might be necessary to force a government entity to actually back up their retirement plans with real investments.\""}
{"_id": "81592", "title": "", "text": "I would argue no. It's easy to correlate home prices based on size, neighborhood, school district, condition and other factors, such as property taxes. In fact, real estate people and government assessors use those characteristics to assess property value. The demographics of a home will drive desirability/demand for the property. Combine that with the cost and availability of capital, and house prices are relatively predictable."}
{"_id": "81594", "title": "", "text": "A lot of online savings accounts, and even high-yield checking accounts, have equivalent or better rates than CDs.  So, do you research, and I bet you can find a great rate, while keeping your money liquid. The problem with CDs is that you can't get at your money until the CD matures (without paying penalties).  If you can keep the money in a savings (or high-yield checking) account you will be much better off. Ultimately, a blend of the two approaches may be the best option."}
{"_id": "81597", "title": "", "text": "If you knew Cohen's secretary you would know that it's no longer called SAC. Also my uncle totally works at Nintendo so I get all of the best games but you can't see them because he swore me to secrecy.  Translation: You're a dipshit."}
{"_id": "81599", "title": "", "text": "Seek professional advice as duffbeer703 has suggested already.  Very important! Consider incorporating.  If your income will fluctuate year to year, you can keep profit in the corporation, taxed in its hands at the Canadian small business rate, since such corporate income below $500,000 would likely qualify for the small business deduction. You could pay  retained earnings to yourself as dividends over more than one year in order to lessen the personal tax burden. If you don't incorporate, all your profits in the year they are earned are taxed at personal income tax rates, and with our progressive income tax system, taking the tax hit all in one year can be expensive.  However, if this project is a one-off and you're not likely to continue working like this, you might not want the overhead of a corporation.  Taxes aside, there are also legal issues to consider vis-a-vis incorporating, or not. A professional can help you make this decision.   Yes, you can claim deductions for reasonable business expenses, whether or not you are incorporated. No, you can't do free work on the side and claim it as donations.  It's nice to volunteer, but you wouldn't get a charitable tax credit for your time, only for money or goods donated. Consider opening an RRSP so you can start saving for retirement and get a tax deduction for any contributions you make.  This is but one strategy to reduce your tax.  There are others.  For instance, if you are a student, you perhaps have some unused tuition credits that you could claim in your first year with higher income. Oh, and seek professional advice! \u00a0 ;-)"}
{"_id": "81612", "title": "", "text": "Showz Store is an online toy store that is located in China. We have the full exhibition reflected, so you can see all toys display on our official site. No short of what one report from the event noted booing from the gathering of spectators toward the completion of the presentation. If you are searching Mastermind Creations for your kids, then you can visit our website. Here you can get a lot of toys in best variety. Our online stores are open 24*7 days. We accept all major credit cards."}
{"_id": "81622", "title": "", "text": "My local shopping store giant does 'online shopping', and by that I mean you can order your stuff, pay extra online etc etc, then another extra fee to reserve your time that you DRIVE TO THE STORE and pick it up. (and some times fill up So be quick, rofl)  I mean sure fills a small NICHE, but why do online shopping without delivery, especially when they are charging all the extra fees already.  I look forward to Amazon wiping these guys out."}
{"_id": "81627", "title": "", "text": "\"Ok, would  \"\"a form supply -side economics\"\" make you feel better about the term? Because you responded to zero points?  Company's force workers to stay: they can't work or move to a job in the same industry. That benefits firms. Firms knowing this can deny raises, promotions, stock options.  They can spend less on recruiting/training and pay employees less because they know the employee has little incentive to leave. This limits firms expenses the same way a tax break could. It's done under the guise of keeping Idahos tech workers in Idaho because the idahos tech bubble is good for the \"\"common man\"\", while allowing CEOs and Boards to spend less and reap benefits and bonuses for staying under budget.\""}
{"_id": "81652", "title": "", "text": "In summary, you are correct that the goal of investing is to maximize returns, while paying low management fees.  Index investing has become very popular because of the low fees.  There are many actively traded mutual funds out there with very high management fees of 2.5% and up that do not beat the market.  This begs the question of why you are paying high management fees and not just investing in index funds. Consider maxing out your tax sheltered accounts (401(k) and ROTH IRA) to avoid even more fees on your returns. Also consider having a growth component of your portfolio which is generally filled with equity, along with a secure component for assets such as bonds.  Bonds may not have the exciting returns of equity, but they help to smooth out the volatility of your portfolio, which may help to keep peace of mind when the market dips."}
{"_id": "81655", "title": "", "text": "Fundamental Analysis can be used to help you determine what to buy, but they won't give you an entry signal for when to buy. Technical Analysis can be used to help you determine when to buy, and can give you entry signals for when to buy. There are many Technical Indicator which can be used as an entry signal, from as simple as the price crossing above a moving average line and then selling when the price crosses back below the moving average line, to as complicated as using a combination of indicators to all line up for an entry signal to be valid. You need to find the entry signals that would suit your investing or trading and incorporate them as part of your trading plan. If you want to learn more about entry signals you are better off learning more about Technical Analysis."}
{"_id": "81657", "title": "", "text": "\"Usually you gotta build those tools for yourself :P, you can usually build em in excel  as its fairly easy and sort to see what is the most profitable, you can code most of the heavy lifting in excel, monte carlo/\"\"complex\"\" methods you probably won't even need...   I'm a strong proponent of R however what you're doing is not that complex....  edit: I accidently a word.\""}
{"_id": "81662", "title": "", "text": "&gt; QE is used to buy debt.  That's correct.  Those mortgage securities are **owed** to the US.   The difference in interest between the mortgage interest and the interest the treasury is paying out is returning   &gt; How about we go the route Japan has gone?  Non-sequitur.  And I notice you didn't answer the question, perhaps due to the typo.  Why do \\[you\\] conflate QE with the debt?"}
{"_id": "81668", "title": "", "text": "I don't know if BJ's or Costco is by you, but sharing a membership can make sense. Not just the annual fee, but splitting certain items that are just too big. The 20 pack of batteries, the 30lb sacks of potatoes, etc. Anything you look at and realize you won't use it before it goes bad or have no place to store it. Size is one objection I hear regarding the warehouse stores and a splitting buddy can help.  To James' point - Yes, kids are cruel. We live in a nice area, and I pride myself on driving the cheapest car on the street. In the last two years, two neighbors (of 8 of us on this cul-de-sac) have downsized. They needed to take the difference and use it for college tuition. I explained to my daughter, when you see a kid in a big house, you don't know two key things: how big their mortgage is, and how much have they saved for college/retirement."}
{"_id": "81682", "title": "", "text": "That's a lot more credit than I'm willing to give trump. I think he grew tired in the negotiation and saw that as the short term solution. His history is one of taking the simplest and quickest solution to a problem."}
{"_id": "81683", "title": "", "text": "\"E-merchant is already one of the top six digital marketing companies and among top 30 SEO companies nominated by topseos.in an independent authority on Search vendors in India.Technology has not proved to be a great enabler but has also given him the means to do business worldwide. \"\"Today you don't need deep pockets and a big establishment - but even small men and small companies can compete globally\"\", he says.\""}
{"_id": "81686", "title": "", "text": "&gt;You can't let businessmen engage in fraud and sell you a phony/defective product and argue that we should leave it up to the free market to eventually detect and punish him.       A well functioning legal system is consistent with capitalism.  The problem is when you invoke prior restraint."}
{"_id": "81687", "title": "", "text": "\"&gt; Harvey is not a bad guy, he actually has a big heart he just got corrupted and became a victim to his own appetites and endless access to fame seeking flash.  That can be said about virtually anyone who does bad things.  \"\"Oh, that pedo rapist isn't a bad guy. He actually has a big heart. He was just corrupted by his appetites and endless access to kids thinking he's a chicken nugget on social media and crawling into his white van. Honestly, HE'S THE VICTIM HERE!\"\"\""}
{"_id": "81721", "title": "", "text": "Coincidentally just read a nice post on this topic: http://thefinancebuff.com/no-tax-advantage-in-rsu.html In short, sell the stock as soon as it vests and treat it as a cash bonus. Assuming you're in the US and the stock is possible to sell (public company, no trading window restrictions, you have no material nonpublic information, etc.)  What do you do with a cash bonus? If you have no savings, an emergency fund would be good, then start on retirement savings perhaps... it sounds a bit like you could use some broad general financial planning info, my favorite book for that is: http://www.amazon.com/Smart-Simple-Financial-Strategies-People/dp/B0013L2ED6 One exception to selling immediately could be if the company stock is hugely undervalued, but it probably isn't, and it's probably too hard to determine."}
{"_id": "81767", "title": "", "text": "OP you should print one of these signs and put it on your tuk tuk, also put your number and get 1 or 2 shirts with the same info, it should help you to get recognized, and if you can, paint your tuk tuk in yellow or red too, good luck man."}
{"_id": "81775", "title": "", "text": "\"I think that all that money big donors are making from drugs, services and especially gas, which they will soon be selling for top dollar, three to five times what they get for it now- must figure. Insurance alone is an *extra* quarter to a third of a million dollars per person over their lifetimes.   And then [if we want to stop say the TTIP energy deal](http://action.sierraclub.org/site/DocServer/Analysis_of_EU_Energy_Proposal_TTIP.pdf), say the huge energy price increases are killing jobs, we'll have to pay again, too, right?   Because of the extremely controversial *\"\"ISDS\"\"* scheme of giving multinational corporations special rights to countries *unchanged* markets?  They have everything figured out.\""}
{"_id": "81792", "title": "", "text": "If Syria had nuclear weapons, or Hamas had access to nuclear weapons, I am sure Israeli settlers would rather be buying condos in California than bombing unarmed women and children in Palestine.  Nuclear weapons for Palestine now!!!  Peace in the Middle east is at hand"}
{"_id": "81797", "title": "", "text": "Bordeaux Wine Company's top clients will gather for a private seminar and wine tasting to be hosted in London. The event will take place on the 29th of September, and exquisite wines of the elite Moutons Rothschilds and Lafite Rothschilds wineries will be tasted by the guests."}
{"_id": "81813", "title": "", "text": "\"&gt; whether it's better to drop out of Harvard or graduate from Brown.  Lol, I'm sure the difference is negligible between those two. What he intended to say is \"\"whether it's better to drop out of harvard, or graduate with honors from a HBCU\"\".   I also encourage anyone that's been to a real university to audit, or shit, even spend a day hanging around, an HBCU and then argue with me me that \"\"we're all equal\"\". You think real unis coddle these mental midgets? Wait until you see an institution designed around it.\""}
{"_id": "81815", "title": "", "text": "\"Yes, you should contact the bank and report it.  They will eventually \"\"find\"\" that money if it's not yours.  You better get it over with rather than having more surprises later.\""}
{"_id": "81843", "title": "", "text": "\"StasM, It's taken a while but many banks offer tokens - although they tend to limit the accounts for which they will be issued. All of the following issue tokens, but there are many more: CitiBank JP Morgan Union Bank Wells Fargo Callaway Bank Wachovia Bank of North Dakota The River Bank of Wisconsin Metcalf Bank, Kansas Stonebridge Bank In 2005 federal regulators stipulated that banks needed to get better with security for online banking customers, but they did not endorse a particular technology. Tokens (aka fobs) were endorsed. The news was negatively received by the banks because putting more steps in the way of a customer drives the customer away. See this 2005 report for more info: http://www.usatoday.com/tech/news/computersecurity/2005-11-02-cybercrime-prevention_x.htm  My guess is a tipping point was reached since then, where customers became savvy of the risks, and that the \"\"extra steps\"\" became less an issue than the \"\"extra security\"\".\""}
{"_id": "81865", "title": "", "text": "This is going to be a bit of a shameless plug, but I've build a portfolio tracking website to track your portfolio and be able to share it (in read-only mode) as  well. It is at http://frano.carelessmusings.com and currently in beta. Most portfolio trackers are behind a login wall and thus will lack the sharing function you are looking for. Examples of these are: Yahoo Finance, Google Finance, Reuters Portfolios, MorningStart Portfolios, and many others. Another very quick and easy solution (if you are not trading too often) is a shared google docs spreadsheet. Gdocs has integration with google finance and can retrieve prices for stocks by symbol. A spreadsheet can contain the following: Symbol, Quantity, Avg. Buy Price, Price, P/L, P/L% and so on. The current price and P/L data can be functions that use the google finance API. Hope this helps, and if you check out my site please let me know what you think and what I could change."}
{"_id": "81866", "title": "", "text": "OTOH if you look at automobile purchases I don't know if anyone could tell you who the CEO of say, GM or Toyota or BMW is. Those purchases tend to be more emotional than anything else and not directly related to corporate or CEO behavior."}
{"_id": "81880", "title": "", "text": "The issue with spending a lot on a particular project (e.g. SWAT) is that you're compelled to use it, even when it's not necessary. Same with riot gear, armored personel carriers, pepper spray, tazers, helicopters, rubber bullets etc. If you paid for it, you have to use it as much as possible. So you end up with more violence and death because of poor investments.  That said, there's of course a balance to be struck. No sargeant should be making $200k+ and no officer should be making &lt;$40k."}
{"_id": "81882", "title": "", "text": "Comments. The problem is they don't get downvoted though. They play to the crowd of reddit and every discussion ends up anti capitalism and anti trump  These views are fine, but its nice to have one sub with mature discussion. I'm not some big Trump fan, I'm not even American, its just nice to have a place where actual business can be discussed.  Like I said, if you don't like these rules there are hundreds of other subs. I think these rules work well because it keeps it a business sub and not just the same mess as the rest of reddit."}
{"_id": "81886", "title": "", "text": "Here's how the CBO says the top 1% got their income in 2013 (latest data):      Source|% from source :--------|---------: Cash Wages and Salaries|33.4% Business Income|23.2% Capital Gains|19.1% Capital Income|11.2% Corporate Tax Borne by Capital|7.3% Other Income|3.2% Employer's Share of Payroll Taxes|0.9% Employee's Contributions to Deferred Compensation Plans|0.7% Employer's Contributions to Health Insurance|0.5%   And here are there definitions of the types of income:  * Labor income\u2014Cash wages and salaries, including those allocated by employees to 401(k) plans; employer-paid health insurance premiums; the employer\u2019s share of Social Security, Medicare, and federal unemployment insurance payroll taxes; and the share of corporate income taxes borne by workers.  * Business income\u2014Net income from businesses and farms operated solely by their owners, partnership income, and income from S corporations.   * Capital gains\u2014Profits realized from the sale of assets. Increases in the value of assets that have not been realized through sales are not included in the Congressional Budget Office\u2019s measure of market income.   * Capital income (excluding capital gains)\u2014Taxable and tax-exempt interest, dividends paid by corporations (but not dividends from S corporations, which are considered part of business income), positive rental income, and the share of corporate income taxes borne by owners of capital.   * Other income\u2014Income received in retirement for past services and other sources of income."}
{"_id": "81897", "title": "", "text": "\"I have to disagree with you.   **Money is a store of value with which you can redeem your accumulated work for a  good or service you need, at any time.** Therefore, you don't have to wait until your crop has perished to trade it for what you need.  Any store of value that is not purely useful in terms of \"\"I can consume this\"\" or \"\"I can turn this into value directly through labor\"\" is essentially an IOU. It would be more accurate to say, in the context you provide, that for every asset (your apples) there exists an equivalent combination of liability (what you had to borrow to produce the apples) and equity (what you put in of your own in order to get the apples).  Since gold in this very simple hypothetical system has absolutely no use other than a **store of value**, it *is* debt. It is the promise that you will at some point in your process of transactions acquire the utility that you require. You can't fertilize with gold, but you can buy fertilizer. **Until you buy that fertilizer, you've only traded your harvest for a promise that you *can* buy your fertilizer.**  Something otherwiseyep didn't elaborate on very much, though he mentioned it and it is integral to his story, is the time value of money. That is, if I can borrow 10 gold pieces today for my future work accumulated, I'll pay you back 12 when it's done. This has an effect greater than just injecting value into the economy. It ensures that the negative value experienced by *not* having those 10 gold pieces will be compensated. Credit provides an opportunity for planning for the cyclical nature of markets. It provides an opportunity to make your transaction now - that you don't have to wait until harvest to trade your deer skins for apples.  &gt;Economists like Paul Krugman seem to believe that everything can be fixed by increasing demand, but they totally ignore the costs of production. There exists plenty of demand in the US economy right now, but the cooper has died, the barrels must be brought from China.  I also disagree with this. Krugman emphasizes the *importance* of demand-side measures, not their exclusivity. Any policy must account for cost curves, and that economic profit for any firm is maximized when marginal revenue (the revenue increase or decrease of a single unit added to production) is equal to marginal cost. The U.S may have some demand right now, but if the cost of production were truly the issue, then these firms would be adjusting their capacity, and not sitting on trillions of dollars of currency that ought to be liquid.   If demand was really that high, companies wouldn't be stuffing their mattresses right now to keep the money injected into the economy by QE *out* of circulation. The real problem is that while  in the last few decades consumption has been climbing steadily, real wages have flat-lined, and now we have high unemployment. We can't raise wages, we can't hire more workers, and we still want our cars and houses and corn syrup and lead-filled toys.  This, I think we can agree, is where credit goes wrong: the gap between consumption and wages was filled with credit. The housing bubble manifested itself thus: not as simply a boom in quantity and a lowering in price, but a lowering in price as a result of faulty (dishonest and misleading) risk assessment - (by the same folks who downgraded US debt), and an implosion as a result of that debt systematically dissolving through defaults and foreclosures (to put it very, very, very, simply).  Instead of an increase in consumer credit, we need greater investment by the companies who currently sit on trillions of dollars of frozen cash. Those investments could be better managed, with transparent risk assessment and greater restrictions on lending policy.  Or, ideally, that money could be used to hire workers, expand plants and lower marginal costs.  To tie it back to your concluding paragraph, credit makes it possible to satisfy the demand for those barrels of apples by buying them at a fair market value from China. If it weren't for China's ability to provide the apples at a \"\"fair\"\" price (you can, for our purposes here, consider this price to be fair market value if you make a transaction - the selling price equals the buying price), there would be an apple shortage, and the price of apples would climb ridiculously high.\""}
{"_id": "81904", "title": "", "text": "We provide the best Indian motorcycle spare parts and its service in the USA. That means if anything goes wrong with your motorcycle you can book in for repairs and service with our company workshop. We provide offer a wide range of spare parts or be able to order spare parts for your Old Indian motorcycle and offer a service by trained technicians. We provide the one weak full warranty of the spare parts if anything goes wrong in spare parts then we will change the parts without a price."}
{"_id": "81906", "title": "", "text": "Aggressively paying of Mortgage is better. If you have more cash available [assuming you have covered all other aspects i.e. emergency funds, retirement etc], the only question you need to ask is where will you invest and what returns would you get. So if your mortgage is say at 5%, if the spare money can get you more than this, its beneficial, if its in Bank CD with say near zero interest, its not worth it. However if you are sure you can make 10% returns on the investments, then go ahead and don't pay the mortgage aggressively."}
{"_id": "81909", "title": "", "text": "\"The opposite of an economic bubble is a bubble burst :p! Jokes aside though, an economic bubble occurs when the economy is in bull market mode and asset prices are growing very fast. It's usually measured by ratio's like price to earnings and the levels of various market indices. So, the opposite would be when valuations are falling very fast or are very low, and price to earnings ratios are low.  This condition is usually a recession. A recession is a market slowdown, generally after a bubble bursts, and severe recessions can become depressions if they last long enough (Great Depression, 1930s).  A bubble is not necessarily negative - stock prices usually rise a lot so paper wealth is greatly magnified. If you can get out in time, you're golden. Similarly, a recession isn't bad for everyone. Some investors keep large amounts of cash waiting for recessions so they can \"\"buy low, sell high\"\". For most people, however, recessions are negative because unemployment increases and some people get fired, and the economy slows down. Asset prices have fallen so their investments are worth less than they used to be (on paper), and people mainly have to bide it out until the market starts growing again.\""}
{"_id": "81924", "title": "", "text": "\"I believe that your option contracts will become \"\"non-standard\"\" and will be for a combination of ACE stock and cash.  The allocation between stock and cash should follow that of the acquisition parameters of the underlying - probably with fractional shares converted to cash. Hence 1 call contract for 100 shares of CB will become 1 call contract for 60 shares of ACE + $6293 cash + a cash correction for the 0.19 fractional share of ACE that you would have had claim to get.  The corrections should be 0.19 sh x $62.93/sh.\""}
{"_id": "81934", "title": "", "text": "Sure is,  they all can,  but let\u2019s not pretend that speech\u2019s to wall street isn\u2019t a reward for behavior.  Like if he was so anti bank pro consumer why would they be friends.  Just saying they are all in on it.  They are all the same and the more we fight each other and pick sides and everyone not on my/yourside is wrong the less we get done for our benefit."}
{"_id": "81938", "title": "", "text": "&gt; To me that's a failure on a collective level.  I'd say it's more of a failure on a personal level. Without the mass of wealth that exists due to capitalism and free trade, there would be nothing to support anyone with. We wouldn't have to worry about these conversations because there would be no internet and we'd be too worried about killing wild dogs to eat and fending off the rest of the pack so they wouldn't kill us. I think you're taking a lot for granted.  &gt;The service industry employs a big chunk of the country. If the people whom they employ can't eek out a living then something should be done. Minimum wage has existed for many years now and is not controversial.  Inflation isn't seen as controversial either, but it should be. Here's someone that finds it controversial: https://www.youtube.com/watch?v=Rls8H6MktrA"}
{"_id": "81941", "title": "", "text": "\"From your question, I believe that you are looking for what these mean in accounting terms and not the difference between a debit and a credit card. I'll deal with purchase and sale first as this is easier. They are the same thing seen from different points of view. If I sell something to you then I have made a sale and you have made a purchase. Every sale is a purchase and every purchase is a sale. Debits and Credits are accounting terms and refer to double column accounting (the most common accounting system used). The way a set of accounts works is, accounts are set up under the following broad headings: The first 3 appear on the Balance Sheet, so called because the accounts balance (Assets = Liabilities + Equity). This is always a \"\"point-in-time\"\" snapshot of the accounts (1 June 2015). That last 3 appear on the Profit and Loss sheet, Profit (or loss) = Income - Cost of Goods Sold - Expenses. This is always an interval measure (1 July 2014 to 30 June 2015). Changes in these accounts flow through to the Equity part of the Balance Sheet. When you enter a transaction the Debits always equal the Credits, they are simply applied to different accounts. Debits increase Assets, Cost of Goods Sold and Expenses and decrease Liabilities, Equity and Income. Credits do the reverse For your examples: 1. a customer buy something from me, what is the debit and credit? I will assume they pay $1,000 and the thing cost you $500 Your cash (asset) goes up by $1,000 (Debit), your inventory (asset) goes down by $500 (Credit), your Sales revenue (income) goes up by $500 (credit). This gives you a profit of $500. 2. a customer buy something of worth 1000 but gives me 500 what is     debit and credit Your cash (asset) goes up by $500 (Debit), your debtors (asset) goes up by $500, your inventory (asset) goes down by $500 (Credit), your Sales revenue (income) goes up by $500 (credit). This also gives you a profit of $500. 3. if I buy a product from supplier worth 1000 and pay equally what is credit and debit I assume you mean pay cash: Your cash (asset) goes down by $1000 (Credit), your inventory (asset) goes up by $1000 (Debit). There is no profit or loss here - you have swapped one asset (cash) for another (inventory). 4. if I buy a product from supplier worth 1000 and don't pay what is credit and debit Your creditors (liability) goes up by $1000 (Credit), your inventory (asset) goes up by $1000 (Debit). There is no profit or loss here - you have gained an asset (inventory) but incurred a liability (creditors). The reason for confusion is that most people only see Debits and Credits in one place - their bank statement. Your bank statement is a journal of one of the banks liability accounts - its their liability because they owe the money to you (even loan accounts adopt this convention). Credits happen when you give money to the bank, they credit  your account (increase a liability) and debit their cash balance (increase an asset). Debits are when they give money to you, they debit your account (decrease a liability) and credit their cash balance (decrease an asset) . If at the end of the period, you have a credit balance then they owe money to you, a debit balance means you owe money to them. If you were keeping a book of accounts then your record of the transactions would be a mirror image of the bank's because you would be looking at it from your point of view.\""}
{"_id": "81950", "title": "", "text": "As everyone is saying, this depends on a lot of variables. However... I had my dad help me with the downpayment on my house. In my case, the cost of mortgage payment and all maintenance expenses is still lower than paying rent. If I sell my house and walk away from the closing office with just $1 then I've still come out ahead compared to renting. The New York Times has a fantastic tool figure out if it's a good idea to buy vs. rent. http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?_r=0 It's asks all the relevant questions, and then it tells you how cheap rent would have to be make it the better option."}
{"_id": "81970", "title": "", "text": "For sure accreditation is meaningless, especially if you're dealing with the more savvy and sometimes younger consumers.  But if you're in B2B and your customers are old school businesses, I think that they may have a different view on the BBB."}
{"_id": "81994", "title": "", "text": "Those are towns with dwindling populations. Val D'or, the core of it, for instance is like 2 miles by 2 miles and has 3 McDs. All the kids in the province go study in bigger cities like Quebec or Montreal when fall comes because college is practically free and university is really cheap. This is not news, merely that those towns have too much fast food joints for their population anyway."}
{"_id": "81998", "title": "", "text": "The Deploy is the first diamond bow offered by the binary cam system, which until now has only been offered with the Bowtech brand. The big binary cameras are that they hit each other and therefore always become almost perfect sync, even if there is a cable or cable stretching over time."}
{"_id": "82001", "title": "", "text": "\"Look into:  \"\"State forestry tax deferment plan providing a considerable reduction in property taxes.\"\" \"\"My property was in a \u201cgreenway\u201d, which was supposedly county sponsored; but was really funded by the federal government and gave the property had a tax reduction.\"\"  There are also woodlot exemptions, iirc.  Depending on the state, etc.\""}
{"_id": "82004", "title": "", "text": "\"That is the best part. Everyone is \"\" brick and mortar stores are dead\"\" bandwagon reminds of the .com bubble. The customer base that Walmart is and will continue to be is the vast majority of not only the US but the world. The thing is these people like going to the store and browsing around and entertaining the physical aspect of buying shit rather than just point and clicking. The thing Walmart is doing is playing on what Amerians think makes America... they have heavy plans on American manufacturing and production which will be sold in their own stores which they will charge a slightly lower price for and make a stupid amount of money while at the same time buying up Advanced Auto Parts and taking over their 5000 plus stores and capabilities and then diving in ( which is a prediction) buying Blue Apron type operation and then simply taking over. Walmart does not need to get into the area of Netflix or any of the like because they can simply buy out down the road a company they can make compete in that field to hold onto the market share.  Amazon is the single most inflated outrageously high stock that has ever existed because of peoples ignorance of what the internet brings. They are rightfully and smartly playing on that but it won't pan out.  Walmart is smart by pushing partnerships with Fed Ex and UPS which are 2 of the largest carries in the world and employee well payed \"\" middle class\"\" people that look for dedication and respect no matter what generation you belong to. Not to mention they contract out with multiple trucking companies.\""}
{"_id": "82005", "title": "", "text": "China is a huge country. The larger cities will have better public transportation infrastructure, just like the larger American cities (except LA but we're an exception). But China also has lots of rural regions that aren't going to have great infrastructure.  Beijing, say, might be comparable to NYC, but not Greenville NC."}
{"_id": "82007", "title": "", "text": "there's actually software that tracks which stalls are in use.  supposedly in the future you will be able to choose a charger that is not in high demand currently.  you're right though, there could be a few instances where chargers are full and it is an issue.  once electrics become ubiquitous i doubt it will be a problem."}
{"_id": "82021", "title": "", "text": "Fair point that its historically been just as fucked up, lol.    But please, explain to me, since I'm a layman and maybe the disconnect is in my head, how the market going up and down in dramatic fashions due to speculative behavior by traders (of any kind) should have the power to decide the worth of thousands of companies going about their normal business."}
{"_id": "82024", "title": "", "text": "\"My wife and I have been car-free since 2011.  We spent about $3500 on car shares and rentals last year (I went through it recently to flag trips that were medical transportation and unreimbursed work related for taxes).  This compares favorably with the last year of car ownership.  I had reached a point I started needing $200+ repairs every couple of months and the straw that broke the camels back was a (dealer mechanic estimate but still) $3000 estimate to pass emissions inspection.   Over 11 years the value went from $24000 to $3600, so it depreciated about 2k per year.   I was easily spending $40 per week on gasoline on my last commute.   I now use transit with the IRS commuter benefit so I do have a base after tax transportation expense of 1200 per year.  We use weekend rentals about 2x per month (and do use a warehouse club)  She uses rentals for her job about 12 times per year, and the medical transportation came in an intense burst.   Access: Our nearest carshare pod is 0.22 miles (3 blocks); there are two hotels with full service rental car desks about half a mile from our house and every brand at the Amtrak station a mile away.  There are concrete benefits to density, take every advantage. Insurance: I always take the rental company SLI daily insurance for $15 per day.  Certain no annual fee credit cards automatically include CDW.  Every time an insurance agent cold calls me, I ask for a quote for a \"\"named non owner\"\" policy, I'd probably take it if the premium was  $300 or less per 6 months.   Tips and tricks: a carshare minivan or truck rate is probably higher than a carshare car, but compared to a full service rental, may be much lower . The best value I spend no time in my life looking for a parking spot, and spend \"\"this hour\"\" tapping away on SE on a train instead of driving.\""}
{"_id": "82025", "title": "", "text": "\"First, one would 'not' want to be the guarantor as it would likely appear as a debt on their credit. In some cases this can be good, but not always.  I'd suggest a homeowners meeting. A reverse auction where you say \"\"Would anyone like to get the condo fee waived for 12 months in return for guaranteeing the loan?\"\" If no hands go up, you have an issue. But if even one hand goes up, you have the guarantor. Then you ask if there are any objections. Anyone who objects is welcome to bid fewer, say 10 months. Ideally, you see a dozen hands go up, and you just count down until one one remains. When I lived in a condo the fee was $250. If I were one of the older residents who planned to stay, I'd do it for one or two month's fees.\""}
{"_id": "82033", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-usa-fed-rosengren/fed-must-hike-rates-in-face-of-hot-u-s-labor-market-rosengren-idUSKBN1CC0JH) reduced by 46%. (I'm a bot) ***** &gt; MONTREAL - The Federal Reserve must respond to &amp;quot;Very tight&amp;quot; U.S. labor markets by gradually raising interest rates or risk halting the economic recovery, a hawkish Fed official said on Saturday.  &gt; In prepared remarks that largely restated his views, Boston Fed President Eric Rosengren said he expects the labor market to improve further after U.S. unemployment dropped to 4.2 percent last month, its lowest level since 2001.  &gt; &amp;quot;Failing to respond to very tight labor markets with rates remaining negative in real terms could potentially risk unnecessarily shortening the economic recovery,&amp;quot; added Rosengren, who does not vote on policy this year but whose views often portend overall Fed policy.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74wwu5/fed_must_hike_rates_in_face_of_hot_us_labor/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~223992 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Fed**^#1 **economic**^#2 **risk**^#3 **recovery**^#4 **policy**^#5\""}
{"_id": "82039", "title": "", "text": "\"If you have enough earned income to cover this amount you should be all set. If I understand you correctly you proposed two transactions. The first, a withdrawal from the beneficiary IRA. Some of which is an RMD the rest is an extra withdrawal of funds.  Next, you propose to make a deposit to a combination of your IRA and your wife's IRA. As long as there's earned income to cover this deposit, your plan is fine.  To be clear, you can't \"\"take a bene IRA and deposit the RMD to an IRA.\"\" But, money is fungible, the dollars you deposit aren't traceable, only need to be justified by enough earned income. A bene IRA is a great way to get the money to increase your own IRA or 401(k) deposits.  Further details - The 2016 contribution limit is $5,500 per person, so I did make the assumption you knew the $9000 deposit need to be split between the 2 IRAs, with no more than $5500 going into either one.\""}
{"_id": "82040", "title": "", "text": "You know, your attempt at dramatic fiction is beneath you.  You are more than this,  You were taught as a child to love your neighbor and now you are going against your own beliefs to support the increase in income of people who are so much more powerful than you are and really don't care about you at all except for your vote.  Is that how you want to be remembered?  You have your entire life ahead of you.  I want you to enjoy every last moment of it, but keep your eyes open and look around and see all the possibilities in front of you besides hating other people."}
{"_id": "82067", "title": "", "text": "\"$10mil for the lawyers and literally pennies for each of the victims, great example of how absolutely horrible class action lawsuits are.  &gt;The proposed settlement covers nearly 125 million people, court documents show. The $20 million equates to less than 2 cents per class member. &gt; &gt;\"\"We believe the revised settlement is fair, reasonable, and adequate and responds to the issues raised previously by the court,\"\" Andrew Noyes, a Facebook spokesman, said on Monday.\""}
{"_id": "82070", "title": "", "text": "Never said I was, I'm definitely not. I'm an engineer and I do this on the side. But professionals go broke every day, and let's have this discussion again after silver and gold go past $300 and $5000 for the 1000th time in history of this system."}
{"_id": "82078", "title": "", "text": "90% of economists agree that moving forward with production makes a society far better off as a whole even if it means short term job loss. Just think about all the employment changes that have taken place over the centuries. Clothing production, farming, transportation, plumbing just to name a few. Just imagine if we never used modern plumbing because we refused to lay off jack and Jill because it's their job to get the pale of water. This wil suck for the people that loose their job but overall this is just us growing as a society. This is worth reading.... https://en.m.wikipedia.org/wiki/Technological_unemployment"}
{"_id": "82104", "title": "", "text": "\"You are not wrong. This is called the \"\"Broken Window\"\" fallacy in economics. Imagine if 20% of a population was employed to go around breaking windows.  This would stimulate the economy as many people would have to be employed to make new windows, repair the broken windows, etc..  The problem is that everyone would have been better off if they didn't have to spend their valuable resources on repairing a perfectly functioning window. Although many people will be employed to rebuild Japan, this doesn't improve the standard of living for the folks in Japan.\""}
{"_id": "82113", "title": "", "text": "Sure they can (most publicly traded banks at least) - and they do it a lot. Many banks have a proprietary trading desk, or Prop desk, where traders are buying and selling shares of publicly traded companies on behalf of the bank, with the bank's own money. This is as opposed to regular trading desks where the banks trade on behalf of their customers."}
{"_id": "82119", "title": "", "text": "I know the general principles of acting as a director in a company, and am familiar with the rights of shareholders. In the last ten years or so, I believe Australia has introduced legislation that strongly punishes those directors who do not act in a professional or prudent manner. While I will of course attempt to fulfill the duties required - I am new to conducting business at this level, and am concerned about mistakenly breaching some unknown rule/law and being subject to repercussions that I just don't know about. As you have already stated, the key to being director in a company is the additional responsibility. Legally you can be held in breach. At the same time you will be able to influence your decision much better if you a director and thus safeguard your interest. If you are only a shareholder, you cannot be held responsible for decision by company, individual malpractice may still be applicable, but this is less of a risk. However over a period of time, the board can take certain decision that may marginalize your holding in the company."}
{"_id": "82127", "title": "", "text": "Generally I drink the free water that they provide.   What I am saying is that if they lowered the price of the food and drinks, they might get more people in the door.  When it costs $50+ to go to the movies for a family of three, that family tends to not go out much."}
{"_id": "82128", "title": "", "text": "If a parent has access to the birth certificate, social security card, passport, and other legal documentation indicating family relationship along with the minimum balance, I expect either online or in-person creating a Joint Tenancy With Right of Survivorship account wouldn't be too difficult and allows for either party to add or remove funds. Conceivably the bank account could have been created as a Custodial account but risks when the son reaches the Age of Majority on the account she would lose control. If you have access to the above mentioned documents and depending on parental rights assigned after the divorce you can follow what is suggested in this link: https://blog.smartcredit.com/2011/07/28/what-age-can-i-have-a-credit-report/ to get the credit reports. The credit reports should list what lender accounts are tied to your son.  They won't list any 'credit' assets like savings or investment accounts: http://www.myfico.com/crediteducation/in-your-credit-report.aspx As suggested a credit freeze would be appropriate. If he has reached 18 already, he can do it himself. Unless she under a Termination of Parental Rights order what I mentioned above should still hold."}
{"_id": "82134", "title": "", "text": "I agree with you. I have a standing offer to all my meeting attendees that they can just read the docs and comment via email, or give me their status and issues in an email and skip the meetings.  Of the dozens of people on my teams, none take me up on it. It's crazy."}
{"_id": "82140", "title": "", "text": "\"Just as with any other service provider - vote with your wallet. Do not go back to that doctor's office, and make sure they know why. It's unheard of that a service provider will not disclose the anticipated charges ahead of time. A service provider saying \"\"we won't tell you how much we charge\"\" is a huge red flag, and you shouldn't have been dealing with them to begin with. Now you know. how can we ever get health care costs under control if there's so   little transparency? I'm assuming you're in the US. This is not going to change, since there's no profit in not screwing the customers. As long as health-care is a for-profit industry, you should expect everyone in it being busy figuring out a way for money to move from your wallet to their. That's what capitalism is about.\""}
{"_id": "82144", "title": "", "text": "There is heap of instances where you may want a franchise lawyer. For instance, during the ending of your franchise lawyer California  agreement, an attorney can make certain that the conditions of the agreement are being duly observed. Likewise, in instances of statutory compliance, your attorney can not only interpret and defend you but can also work as a link between you and the franchise lawyer California. This can help break up whatever matters or concerns arising out of a franchisor's allegation."}
{"_id": "82157", "title": "", "text": "For each liability, you should insure to the risk. A $150k home should be insured for that amount plus contents. Same for your car, if you want to insure for damages, fine, but liability is mandatory. It's not about what you want to spend but how to not take on more risk than nescesary and not over insure which is just wasteful."}
{"_id": "82159", "title": "", "text": "When you are saving for money you need in 5 years or less the only real option is a savings account. I know the return is nothing at this point, but if you cannot take the risk of losing all of your money that's the only thing I would recommend.  Now you could try a good growth stock mutual fund if, when you look up in 2 - 3 years and you have lost money you wait it out until it grows enough to get what you lost back then buy your house. I would not do the second option because I wouldn't want to be stuck renting while waiting for the account to recover, and actually thinking about it that way you have more risk. 3 years from now if you have lost money and don't yet have enough saved you will have to continue paying rent, and no mutual fund will out preform that."}
{"_id": "82163", "title": "", "text": "Not a good idea.  When you form a partnership with someone that creates a legal connection between you two.  What if he racks up $50,000 on the company credit card?  Do you want to be responsible for that debt?   A better way to do this would be to either charge your clients $X for IT work and pay him half of $X which would get you the same 50% or simply have him agree to share 50% of any income he gets from people referred by you.   This can be done in a simple contract or agreement without force you both into a partnership."}
{"_id": "82166", "title": "", "text": "We're talking about American workers here, not workers from third world countries.   In America, everyone gets a free public education and has access to numerous social safety nets. The people that really want to make it happen here can make it happen.  One of my very best friends took the bus 3 hours each way to get to jr. college so he could go to film school. He moved out to Hollywood and was living with me for a few months after he had gotten a job out here. He got laid off and had to go home. When he got home his parents drug tested him and kicked him out because he had smoked weed 1 time right before he left. With no money and no job he moved in with his brother in a one bedroom apartment. His brother proceeded to get fired and neither of them had anything. He was pestering the hiring people at several editing places out in L.A. all the while looking for coins in the parking lot of fast food restaurants so he could get something to eat. Finally he got a job back out in L.A. making a little over $10 an hour. He moved back here, busted his ass and now makes around $90k a year.   O, and all this (excluding film school) has happened since May of 2011.   3rd world countries are entirely different than the issues that Wal-Mart workers in America face. It's not an apples to apples comparison. Americans that are working in a Wal-Mart shipping center that want more pay need to go out and better themselves and provide a service that society values.   Just showing up for your 8 hours a day and stacking boxes in trucks is not of high value here. And they should be paid as such."}
{"_id": "82193", "title": "", "text": "Nothing new, PayPal has never hesitated to express their opinions before. I would have already assumed this was the case. I wonder though, do they still do business with countries that execute people for certain sexual orientations?   It'd seem *killall[insert race here]people.com* drives a little less business for them than say, *Saudia Arabia*\u2014and makes for easy PR."}
{"_id": "82194", "title": "", "text": "\"Random deposits are a bit like playing the lotery - especially if one is frequently chasing \"\"hot tips\"\".  You might make it big, but the odds are vastly against you. \"\"Random\"\" deposits into various investments won't be optimal, because such \"\"random\"\" decisions will not be properly diversified and balanced.  Various investments have different rates of risk and return. \"\"Random\"\" deposits will not take this into account for an individual's personal situation. In addition to needing to research individual investments as they are made, investments also need to be considered as part of a whole financial picture.  A few considerations for example: Simply put, random isn't a financial strategy.\""}
{"_id": "82199", "title": "", "text": "\"No, you capitalize all that and deduct as depreciation from the royalties. What it means is that you cannot deduct the expense when it is incurred, but only when you started receiving income that the expense was used to derive. This is similar to capitalizing building improvements which can only be deducted when you start getting rent, or capitalizing software development expenses which can only be deducted once you start selling/licensing the developed software. In the case of book writing - you capitalize the expenses and deduct them once you start receiving royalties. The period over which you deduct (the \"\"depreciation schedule\"\") depends on the type of the expense and the type of the income, so you better get a guidance from a licensed tax accountant (EA or CPA licensed in your State).\""}
{"_id": "82207", "title": "", "text": "http://norton-scientificmedical.com/resources/2012/06/06/thousands-of-tubes-damaged-at-calif-nuclear-plant/     Over 1,300 tubes containing radioactive water inside San Onofre nuclear plant's steam generators in California has been reportedly damaged enough that they need to be taken out of service. To date, the safety of tubing that snakes around the plant's 4 steam generators were installed in a multimillion-dollar upgrade three years ago. According to the company's official statement on Monday, 807 tubes in Unit 3 and 510 tubes from Unit 2 reactors were retired. Every generator has almost 10,000 tubes and the total number of plugged tubes would not affect a proper operation of the plant.  The chairman of Edison, SCE's parent company, reportedly called investors to notify them of the premature wear found in around 1% of 39,000 tubes in the generators. A nuclear watchdog Norton Medical and Scientific Research &amp; Biotechnology issued a warning, saying in effect that it seems \u00abthe new steam generators are falling apart and Edison doesn't know why. It would be foolhardy to restart, even at reduced power, under the current circumstances.\u00bb The nuclear plant is owned by the Riverside City together with San Diego Gas and Electric and SCE. A joint statement released last week by the California Independent System Operator and Edison gave possible dates this June for planning. However, government regulators were quick to assert that there is no timetable for a restart -- something that would still need a federal approval. The alert concerns stemmed from an incident in January when the third reactor was shut off after a tube broke. But although radiation has escaped during that time, officials were quick to assure residents and workers that there was no imminent danger. Earlier that month, the second unit was shut down for its regular maintenance but investigators discovered instead of premature wear on hundreds of tubes that were only installed 2 years ago by Mitsubishi Heavy Industries. (The first unit operated on 1968 was dismantled in 1992.) The tubes stand for a crucial safety barrier, that is, if a tube breaks then there is considerable chance for radioactivity to escape onto the atmosphere. Serious leaks could also use up the protective cooling water employed in a reactor. SCE estimates that the repair expenses could cost about USD 55 to 65 million, aside from the initial USD 30 million it has spent to replace the output from the 2 reactors earlier this year."}
{"_id": "82209", "title": "", "text": "According to this http://shine.yahoo.com/event/financiallyfit/cheapest-days-to-shop-online-2301854/ Tuesday is the best day of the week to buy men's apparel."}
{"_id": "82227", "title": "", "text": "Patti - I realize, of course, that you pose an either/or question. It seems the question closes the door on other potential solutions."}
{"_id": "82251", "title": "", "text": "Scenario #2 is most likely will generate the best long-term financial outcome. If your friends emergency fund is truly excessive and can afford to be reduced by the amount required to payoff the vehicle loan then that will save a few dollars. Scenario #3 is not an approach I would recommend. However, if your friend has to choose between paying off the loan or maxing his Roth... Making a few assumptions regarding the loan, I figure it is probably a 4 year - $13.5k. Which means he is paying somewhere below $40 a month in interest.  As JAGnalyst speaks to people often over estimate the spread they can make with another investment compared to the interest rate on a loan. However, the effect of compounded, tax-free returns can not be ignored when you are discussing a 22 year old person contributing to a Roth IRA.  Doing some calculations, assuming the car is being paid off on the first payment your friend will save just under $1000. The total interest that would have been paid over the life of the loan. If your friend adds $3600, approximately one year of payments, to their Roth IRA contributions -- just once. Assuming a 3.5% avg return and a retirement age of 65, the $3600 will be worth just south of $16k; a $12,400 return. Using the same investment return and tax assumptions and simplifying the $1000 savings as if it was all realized as a lump sum at the time of paying off the loan. That $1000 invested in a non-tax-advantaged investment (because the whole discussion is based on if the friend had to pick and lose the opportunity for the one year to make the additional Roth IRA contribution) would return $3047."}
{"_id": "82261", "title": "", "text": "Monopolies and Oligarchies are the worst players, subsidiesed or not.  Let\u2019s unattached subsidies from this argument, as subsidies do not cause monopolies, just like food by itself doesn\u2019t cause obesity. Abuse of power just as abuse of food cause the issues I mentioned.  Let\u2019s get to the real cause before we accuse the side issues."}
{"_id": "82283", "title": "", "text": "I'm not aware of any method to own US stocks, but you can trade them as contract for difference, or CFDs as they are commonly known. Since you're hoping to invest around $1000 this might be a better option since you can use leverage."}
{"_id": "82284", "title": "", "text": "\"See Publication 505, specifically the section on \"\"Annualized Income Installment Method\"\", which says: If you do not receive your income evenly throughout the year (for example, your income from a repair shop you operate is much larger in the summer than it is during the rest of the year), your required estimated tax payment for one or more periods may be less than the amount figured using the regular installment method. The publication includes a worksheet and explanation of how to calculate the estimated tax due for each period when you have unequal income.  If you had no freelance income during a period, you shouldn't owe any estimated tax for that period. However, the process for calculating the estimated tax using this method is a good bit more complex and confusing than using the \"\"short\"\" method (in which you just estimate how much tax you will owe for the year and divide it into four equal pieces).  Therefore, in future years you might want to still use the equal-payments method if you can swing it.  (It's too late for this year since you missed the April deadline for the first payment.)  If you can estimate the total amount of freelance income you'll receive (even though you might not be able to estimate when you'll receive it), you can probably still use the simpler method.  If you really have no idea how much money you'll make over the year, you could either use the more complex computation, or you could use a very high estimate to ensure you pay enough tax, and you'll get a refund if you pay too much.\""}
{"_id": "82294", "title": "", "text": "Variance of a single asset is defined as follows: \u03c32 = \u03a3i(Xi - \u03bc)2 where Xi's represent all the possible final market values of your asset and \u03bc represents the mean of all such market values.  The portfolio's variance is defined as \u03c3p2 = \u03a3iwi2\u03c3i2 where, \u03c3p is the portfolio's variance, and wi stands for the weight of the ith asset.  Now, if you include the borrowing in your portfolio, that would classify as technically shorting at the borrowing rate. Thus, this weight would (by the virtue of being negative) increase all other weights. Moreover, the variance of this is likely to be zero (assuming fixed borrowing rates). Thus, weights of risky assets rise and the investor's portfolio's variance will go up. Also see, CML at wikipedia."}
{"_id": "82304", "title": "", "text": "Many CEOs I have heard of earn a lot more than 200k. In fact a lot earn more than 1M and then get bonuses as well. Many wealthy people increase there wealth by investing in property, the stock market, businesses and other assets that will produce them good capital growth. Oh yeh, and luck usually has very little to do with their success."}
{"_id": "82317", "title": "", "text": "Opioids have become a scourge of our society.  Even more interesting is the story behind the [Sackler Family](https://en.wikipedia.org/wiki/Mortimer_Sackler), who in many ways singlehandedly foisted this problem upon the U.S. and in the process became what might be characterized as the wealthiest legal drug lord family in the world."}
{"_id": "82320", "title": "", "text": "I\u2019m selling the full 4 month Social Media Marketing Course from Tai Lopez! (81 videos plus all PDF and Word files!\u2028Contact me via eMail at Tailopezprograms@gmail.com to buy it for 29$ USD. I\u2019ll share it via Google Drive before you pay so you can see its legit!"}
{"_id": "82329", "title": "", "text": "Yep.  Like I said, I'm riding it out while it lasts.  No skin off my nose if they go under.  That being said, this guy is a cofounder of Netflix, and with all the press this thing is getting, nobody is calling it a scam.  I have to believe that they have something up their sleeve."}
{"_id": "82344", "title": "", "text": "Generally, report your $150,000. If/when the the tax collectors notice the anomaly, they'll attempt to contact you to remedy it. I can't speak for Canada, but in the US, it's pretty orderly. The IRS requests additional information or proof and only open it up into a full blown audit if the suspect wrongdoing. In your case, you could show a business agreement detailing the revenue split proving you correctly reported. This is only for your consideration. I strongly recommending finding and keeping a professional tax advisor."}
{"_id": "82348", "title": "", "text": "I know this is an old question, but for others who may be wondering the same thing, Kualto.com does precisely this. You enter your expected expenses/income and it shows you the beginning and ending balance of each week. You can navigate ahead as much as you want to see how expenses today will affect your account balance in the future."}
{"_id": "82349", "title": "", "text": "\"1. (a) \"\"Stephen Kinzer: The True Flag of American Empire #051\"\" by Guadalajara Geopolitics Institute, published on 14 June 2017: http://guadalajarageopolitics.com/2017/06/14/stephen-kinzer-true-flag-american-empire-051/      YouTube link: https://www.youtube.com/watch?v=qXSMHR-sN1s      SoundCloud link: https://soundcloud.com/guadalajara-geopolitics/stephen-kinzer-the-true-flag-of-american-empire-051      Stephen Kinzer: http://stephenkinzer.com      (b) Read https://www.reddit.com/r/worldpolitics/comments/6feg5x/putin_interview_did_russia_interfere_in_the/dihhtkq      (c) \"\"The CIA's Holy War: No espionage operation or covert action was deemed too extreme by a CIA that saw only friends or enemies\"\" by Stephen Kinzer, published in the June 2016 issue of American History: http://watson.brown.edu/news/2016/cias-holy-war-written-stephen-kinzer       PDF: [http://watson.brown.edu/files/watson/imce/news/2016/CIA's Holy Cold War Kinzer.pdf](http://watson.brown.edu/files/watson/imce/news/2016/CIA%27s%20Holy%20Cold%20War%20Kinzer.pdf)      American History magazine: http://www.historynet.com/magazines/american-history-magazine       (d) \"\"Covert Action: A Systems Approach\"\" by Kristen N. Wood, published December 2014: http://calhoun.nps.edu/bitstream/handle/10945/44692/14Dec_Wood_Kristen.pdf      Source: http://hdl.handle.net/10945/44692  2. Read https://www.reddit.com/r/worldpolitics/comments/5b9bza/the_political_system_of_the_usa_is_characterised/d9mq22q          Source: #1 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006      Via: #26 at https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z  3. \"\"Jasun Horsley, host of The Liminalist podcast, interviews Peter Levenda about 'The Individuation Chamber' (The Liminalist #11.5), published on 22 April 2015 -- their discussion includes 'Americanism and homogeneity, 'Star Trek' and colonialism, psychology disguised as politics, weaponizing Islam, Eisenhower and Dulles, the sorcerer's apprentice'\"\": #4a at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/ddlcuvl          Weaponizing religion (religion as a weapon), nuclear power/atomic power, atomic/nuclear bomb explosion: Start at 40:20 (40 minutes and 20 seconds)      Source + Much More: #7c at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dfmc7kj      Via: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006      Via: #26 at https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z  4. Visit      (a) https://www.reddit.com/r/worldpolitics/comments/6iho4e/a_house_armed_services_panel_intends_to_create_a/dj6bhas      (b) https://www.reddit.com/r/worldpolitics/comments/6hfhh0/take_a_globe_spin_it_and_point_with_a_finger_to/dixva87      (c) https://www.reddit.com/r/worldpolitics/comments/6feg5x/putin_interview_did_russia_interfere_in_the/dihhtkq\""}
{"_id": "82360", "title": "", "text": "I don't know if all these facts can be attributed to NAFTA but it is hard to escape the feeling that trade agreements hurt US workers.  I have no doubt that a companies bottom line benefits from free trade and that consumers get access to cheaper goods- but the well being of the nation as a whole is not necessarily the same as the financial well being of corporations or lower prices for junk.  Free trade agreements, without a doubt, have hurt average workers.  Whenever economics is discussed it is important to keep in mind that the most economists are valuing these kinds of deals in ways that don't make sense to the average person.  No one, for instance, can place a value on the person who lost their job- or how that impacts their family and community.  I understand why- those kinds of social costs cannot be measured."}
{"_id": "82363", "title": "", "text": "I'd like to recommend that people watch [The Queen of Versailles](http://en.wikipedia.org/wiki/The_Queen_of_Versailles), because it's an amazing look inside the home (in more than one way) of this man, David Siegel, and his family. But if you're anything like me, this movie will make you angry and depressed that people like this not only exist, but have been so amazingly rewarded for their avarice. Frankly, I'm not entirely sure that kind of poison is a good thing.  In any case, let me just share this little tidbit from the film. Near the beginning of the film, Siegel claims that he was responsible for winning the state of Florida for George W. Bush in 2000, which in turn won GW the presidential election. When asked what he did, he smirks, and replies that he won't say, because he doesn't think it was legal."}
{"_id": "82395", "title": "", "text": "\"Oh god.   Dude I'm trying really hard to help you, but I can tell im not gonna have much of an impact.  There's nothing altruistic about what she's doing. She's not trying to help you. No friend would encourage you to take out close to six figures worth of debt to \"\"invest\"\" in a struggling weed dispensary.  You're gonna be a financial wreck by the time this is over.\""}
{"_id": "82410", "title": "", "text": "The Military Home owners wants to remain living in the home for 2 weeks after the closing date. You can include this provision in your contract. By putting the seller directly across the table, you can put your heads together and find win-win solutions to some issues that may arise."}
{"_id": "82452", "title": "", "text": "Usually get upgraded myself, never saw anything like that. Got upgraded to a Suburban once though I just wanted a sedan, but I ended up liking it as it had the full trim, sat radio, heated seats, etc. They had tons of Tahoes on the lot too, but for some reason was short on full size sedans, heh."}
{"_id": "82457", "title": "", "text": "I never received any bad treatment as a foreigner. I have dinner with my landlord once a month, and go to the bar with the guy that sold me the plan.   Why the fuck would you take out a loan in a foreign country? If you need to so badly, then you obviously don't have the collateral to do so and that's why they are turning you away.   Homogenous countries are naturally xenophobic, get over it."}
{"_id": "82460", "title": "", "text": "&gt;Corporate taxes as a percentage of federal revenue declined from 27.3 percent in 1955 to 8.9 percent in 2010  If the federal government adds a European-style VAT tax, that would also greatly decrease corporate taxes as a percentage of federal revenue, but it would be because there's more taxes coming in from other sources.   Federal income taxes in the United States didn't even *exist* until 1913.  Percentage of federal income goes down as income from other sources go up.  The United States [currently has the highest corporate tax rate in the developed world](http://www.huffingtonpost.com/2012/03/30/us-corporate-tax-rate_n_1392310.html)."}
{"_id": "82472", "title": "", "text": "\"It's rarely advisable to pay interest for something you can afford with cash. Just because you have no credit or loan history doesn't mean you aren't credit worthy. When applying for loans or credit, the lending institutions look at your credit report, not just your credit score. There are lots of things that show up on the reports they receive including (but not limited to): Right now, so many people are focused on their credit score, they're taking on unnecessary debt and potentially losing money in the long run. Yes, having a higher credit score will ultimately be beneficial, but your score will start growing naturally as you live your life. Unless of course you can and do pay for everything with cash. The concept of monitoring your score and striving to get it as high as possible is being shoved down our throats by advertisers at the moment. Don't fall for it. Rather than taking out a loan, which will cost you money in interest and actually show up as a closed account once it's paid off, you might be better served by applying for a credit card and using it sparingly just to start getting that credit history together. (Add usual \"\"don't spend more than you can pay back\"\" mantra here). Get a card with no annual fee and maybe some cash back options, and use it as the auto-payment for a utility if possible. You build credit history, increase your score, and it doesn't cost you any more than you'd be paying anyways.   With regards to the investment question: With little to no credit history, you're not going to be approved for a loan with a low enough interest rate anyways. Think double digits. With a co-signer, you'll get a better rate, but then you need a co-signer. I don't know the exact math, but in today's market I'd say you'd need a loan interest rate of 2% or lower for investing to be worth thinking about.  I believe this answer helps clarify the loan to invest math: https://money.stackexchange.com/a/26193/30798\""}
{"_id": "82479", "title": "", "text": "Too calculate these values, information contained in the company's financial statements (income, balance, or cashflow) will be needed along with the price.  Google finance does not maintain this information for BME.  You will need to find another source for this information or analyze another another symbol's financial section (BAC for example)."}
{"_id": "82482", "title": "", "text": "You should talk to a financial fiduciary (make sure they are a fiduciary, not all planners are) about investing your money.  Even ultra safe investments such as treasury bonds will beat the 1% interest rate offered by your savings account (the yield on the 5 year treasury is currently around 2%)."}
{"_id": "82515", "title": "", "text": "We got a diaper shipment as a baby shower gift. I thought it would be a bunch of crap but I was pleasantly surprised.  * The diapers are far better at containing blowouts than pampers or huggies, and the designs were way better than the muppets on pampers. After staring at the rugrat's butt all the time while he does stuff, it does start to matter.  * the healing balm is flat-out magic. The kid has a pretty intractible case of baby eczema. Doctor says it'll clear up eventually, not much they can do apart from some nasty steroid creams that aren't worth the trouble if he's not being too bothered by it. She recommends all kinds of stuff to try and nothing works - except for this stuff. After putting some nasty zinc stuff on his diaper rashes, this balm cleared it up in under a week.  * The wipes aren't as good as some other baby wipes, but they get the job done. I'd still use those in a pinch, but prefer store-bought stuff for its absorbancy.  The price on the shipping made it pretty comparable. Wife has the invoices so I can't do an apples-to-apples comparison, but she said for the diapers alone it's maybe a 2-cent markup per diaper, including shipping costs."}
{"_id": "82517", "title": "", "text": "Tesla is currently unmatched in the industry for leveraging the software and built in communications on their vehicles. Other manufacturers talk the same game, but I've yet to see anyone else rev their software with feature updates like Tesla. I wish the others would step up their game.   I hope they are the first to implement car following. Then every time an owner brings in an ICE car to service, it becomes an ad for Tesla as the owner drops off the ICE vehicle, then steps into the Tesla that silently followed them to the mechanic's."}
{"_id": "82543", "title": "", "text": "Yes, I think many of them actually do. All one has to do is look at how people responded to the [*exact same responses to Syria under Obama as well as under Trump*](http://nymag.com/daily/intelligencer/2017/04/gop-voters-love-same-attack-on-syria-they-hated-under-obama.html) to understand how much politics clouds people's thinking.   I think there is a percent of that population who never had to buy insurance before, and are not happy with having to now. I think there is a percent who had junk insurance before which wouldn't cover anything important and are upset that there is now a standard for coverage (and conveniently ignore the fact that they would leave the taxpayer responsible for covering it because the same people who buy shoddy insurance are usually the same people who can't cover catastrophic medical bills). Then I also think that there is a percentage of them who are facing the repercussions of their state government not enacting the Medicaid expansion and not taking part in the state exchanges. I think most of them have bought the party line - hook, line, and sinker - that this is all the ACA fault and that the GOP tinkering and obstructionism has nothing to do with it."}
{"_id": "82546", "title": "", "text": "Bullshit, I'm guessing you don't know many CEOs and what they provide for a company, do you?   Also, your idea about private management is meaningless. The shareholders manage the company. End of story. They are also the owners."}
{"_id": "82562", "title": "", "text": "Most people looking to introduce a water softener to their home and office have opted for salt based water filters. Electronic water softener systems are the best way for water resolution. In this system, water softener unit is periodically recharged with sodium by flushing through with a brine solution. Although these are effective at removing the calcium from your water system they have a number of disadvantages. They are relatively expensive to buy."}
{"_id": "82578", "title": "", "text": "Brief about Carpets, various types and more\u2026.  Carpet is a material that covers the floor, protects from dust, stains and stinks etc; it is soft and gives warm pleasure to barefoot.  Carpets are made of polypropylene, nylon, polyester etc, which is also called as synthetic fibers. But in ancient days during 20th century wool was used to manufacture carpets and was quite expensive.  The carpets upper layer pile will be attached to backing, where they have primary, secondary backing. Here are a list of some soft carpets with great style, color and patterns   Caress-501 Paper Moon   Caress 501 paper moon soft carpet is completely made of smartstrand sorona fiber. The width of this carpet is around 12feet wide and available in different colors like cob web, Italian suede, rock wall etc. It put resistance to all kinds of stains and dirt.   Incredible-Sweet Potato   Incredible-sweet potato is a kid\u2019s favorite carpet made of smartstrand w/du pont sorona triexta and it is also available in varied colors like muslin, pineapple, tiki hut etc, and it\u2019s quite inexpensive too.   Formal Affair -Canopy  It is a residential plush carpet made of soft pet filament polyester. This formal affair-canopy soft carpet is smooth in nature and it adds a conventional look to your decor.  Still, there are many high quality soft carpets are available that can give a fabulous look to your commercial, residential space with more durability and comfort.  for more info  http://firststepflooring.net/product-category/carpets/soft-carpet/"}
{"_id": "82590", "title": "", "text": "They also have greatly reduced access to reproductive care and traditional health care at all. I'm for free condoms in every public school and college campus. But no the religious right won't stand for it. The real reason is the right loves poverty because it's profitable and keeps wages low and unemployment high."}
{"_id": "82614", "title": "", "text": "I'm speaking of the investment I'm making in my own skills and work ethic, which would still be extremely valuable even if I was a terrible person who didn't give a shit about anyone else.  That said, where I've worked, no one is getting locked in the building at night or threatened (although one of my employers did try to pay me under the table one time). My experience with organized labor in my workplaces has been that the leaders whine about having to do stuff that is actually part of their job and don't actually provide much of a benefit to the workers.   I'm not saying this is true for all employers - organized labor is obviously an important check on employers that abuse their employees. But in my experience, having an organized workforce is not a universal positive. Rather, its value depends on the leadership of the union and whether the working conditions are actually abusive to begin with."}
{"_id": "82621", "title": "", "text": "\"Because without central authority, you cannot actually change the price of a good permanently. By trying to tie taxes on income into cost of living for \"\"basic living\"\"(whatever that means) you've changed the entire discussion and are essentially useless to it. Stop attempting to showboat your concerns by derailing other's discussions.\""}
{"_id": "82627", "title": "", "text": "To get rich in a short time, it's more likely what you want to do is go into business. You could go into a non-investment business such as opening a restaurant or starting a tech company, of course. Warren Buffett was working in investing, which is quite a bit different than just buying stocks: The three ways to get rich investing I can think of are: I think the maximum real (after-inflation) return you can really count on over a lot of years is in the 5-6% range at most, maybe less. Here's a post where David Merkel argues 3-4% (assuming cash interest is close to zero real return): http://alephblog.com/2009/07/15/the-equity-premium-is-no-longer-a-puzzle/ At that rate you can double every 10-15 years.  Any higher rate is probably risking much lower returns. I often post this argument against that on investment questions: http://blog.ometer.com/2010/11/10/take-risks-in-life-for-savings-choose-a-balanced-fund/ Agree with you that lots of people seem to think they can make up for not saving money by picking a winning investment. Lots of people also use the lottery as a retirement strategy. I'm not sure this is totally irrational, if for some reason someone just can't save. But I'm sure it will fail for almost all the people who try it."}
{"_id": "82628", "title": "", "text": "\"An unmarried person with a total U.S.-sourced earned income under $ 37,000 during the year 2016 is likely to owe: If the original poster is not an \"\"independent contractor\"\", and is not \"\"billing corp-to-corp\"\" then: In summary: References:\""}
{"_id": "82632", "title": "", "text": "Could Uber not as well? Stop burning cash to establish Uber Eats, stop being so aggressive in new markets, and live off the cash flows from places like NYC. It would cap their growth, but I doubt it would take long to become profitable if they decided that was more important than expansion."}
{"_id": "82633", "title": "", "text": "But it does create wealth, as shown by the GDP graph.  It gives money to people whom otherwise wouldn't have it.  They then spend it and create the demand for the things they buy.  Demand demand demand.  DE-Mand.  Wealth.  It's what's going wrong now.  Rich people have more money than they've had since 1929; same for corporations.  If they (the rich and corporations) created wealth with their spare change we'd be doing swimmingly.  But they don't and we're not.  Empirically, scientifically speaking  We need to give money to those that don't have it to kickstart demand.  Then the economy will come roaring back.  If you have evidence otherwise, I'd like to see it."}
{"_id": "82637", "title": "", "text": "Fist money does not have legal tender.  And technically there are thousands of people willing to fight for bitcoin, who can be seen as an army so in that logic bitcoin has some intrinsic value.  But both don't have intrinsic value. Most sources on the internet I can find agree with that. Wikipedia, investopedia and many others.  Not that money needs intrinsic value. If the market value is 1000 times above the intrinsic value then the intrinsic value is not even relevant. But 1000 * 0 = 0 and the intrinsic value of the dollar itself (not coins) will always be 0. Same for the EUR and then YUAN."}
{"_id": "82642", "title": "", "text": "Oh I definitely wish there were more women in STEM.  Though the NYT likes to blame bias from those already in those fields, I suspect that's mostly decades in the past.            I'm more inclined to attribute a lot of it to some type of social pressure from female peers, particularly in teenage years where social acceptance is very important, and being the girl who's taking AP Statistics or considering a degree in Accounting is not going to win one acceptance into the popular kids crowd.  Which is really unfortunate because being interested in such things really should be encouraged."}
{"_id": "82648", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://larrysummers.com/2017/10/22/one-last-time-on-who-benefits-from-corporate-tax-cuts/) reduced by 90%. (I'm a bot) ***** &gt; The analysis from Hassett, chief of the White House Council of Economic Advisers, relies heavily on correlations between corporate tax rates and wages in other countries to argue that a cut in the corporate tax rate would boost returns to labor very substantially.  &gt; The authors include no corporate tax detail, no recognition of the impact of the tax proposal on asset prices, and no treatment of the budget consequences of tax cuts.  &gt; The newest boldest bit of claim inflation regarding the tax bill comes from the Business Roundtable: &amp;quot;a competitive 20 percent corporate tax rate could increase wages sufficient to support two million new jobs.&amp;quot; This would, coupled with job growth projected even in the absence of a corporate rate cut, take the unemployment rate well below 3 percent! I would be very interested to see the underlying analysis.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78551e/summers_one_last_time_on_who_benefits_from/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233281 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **corporate**^#2 **rate**^#3 **cut**^#4 **investment**^#5\""}
{"_id": "82660", "title": "", "text": "No appologies needed.  The want to pretend this whole process is complicated so people like you don't ask questions, but that's really it.  There's nothing more to it than that.  They purchase bonds and other financial assets from the government and from their favorite banker friends with the money they just created (presumably by pushing the up arrow on a Dell keyboard, lol).  That's it.  Then the major banks and the government all have more money.  The idea being that it loosens up credit.  Those banks will lend out more money to other banks and eventually to us.  Additionally, the government will have more money to spend.  It gives the illusion that something of worth was actually created.  That's the entire scheme.  You still may have $1000 dollars, but your $1000 is now a smaller percentage of the total amount of money out there, so it buys less as prices increase to adjust for this new money."}
{"_id": "82664", "title": "", "text": "Here, you can get that service whatever you want in the best location. We organize the professional wedding engagements and more special party. As you know, everyone wants unique and fabulous party which is mind blowing party with our party organizer. Make the professional party with our unique wedding engagements west palm beach that's offer everything. There are so many options to celebrate the party. But, before that you should choose the best located area in Florida."}
{"_id": "82671", "title": "", "text": "&gt;That doesn't exist any more.  This is false.  The GSE Sallie Mae buys student loans from other banks, meaning the banks offload their risk to Sallie Mae.  If Fannie/Freddie has taught us anything, is that the government will [come to the rescue](http://en.wikipedia.org/wiki/Federal_takeover_of_Fannie_Mae_and_Freddie_Mac) if things go south.  In a way, the bailouts have shown that the government is backing *all* loans.  Second, students cannot discharge their student loans through bankruptcy, as easily as other loans.  As long as this is true the risk is reduced for the creditors.  If that were allowed, and students began defaulting on their loans (at the expense of their credit), then the assets tied to those loans become worthless, and the banks holding the loans go under, which will probably prompt some massive government/Fed bailout.  &gt;Student homes are not like home loans  Every bubble is different, but they all end the same way.  Cheap credit created by the government results in malinvestments and loans that cannot be paid back.  The bubble will pop and the lenders will not get paid back.  See [Austrian Business Cycle Theory](http://www.slideshare.net/ManAgainstTheState/austrian-business-cycle-theory)"}
{"_id": "82682", "title": "", "text": "\"Actually the labeling still leaves a lot of room for imagination. I know this due to researching food labeling concerning allergies. There's a huge number of things that can go under natural seasonings, for example. At the end of the day you don't actually know what it is. EU is a lot more particular about their labeling and they avoid wording that is deceptive to the consumers. Let's not pretend that \"\"made with 100% chicken\"\" wasn't created to dupe people. We shouldn't have to stand there and debate semantics when buying food.\""}
{"_id": "82741", "title": "", "text": "\"This is the kind of scenario addressed by Reddit's /r/personalfinance Prime Directive, or \"\"I have $X, what should I do with it?\"\" It follows a fairly linear flowchart for personal spending beginning with a budget and essential costs. The gist of the flowchart is to cover your most immediate costs and risks first, while also maximizing your benefits. It sounds like you would fall somewhere around steps 1 and 3. (Step 2 won't apply since this is not pretax income.) If you don't already have at least $1000 reserved in an emergency fund, that's a great place to start. After that, you'll want to use the rest to pay down your debt. Your credit card debt is very high interest and should be treated as a financial emergency. Besides the balance of your gift, you may want to throw whatever other funds you have saved beyond one month's expenses at this problem. As far as which card, since you have multiple debts you're faced with the classic choice of which payoff method to use: snowball (lowest balance first) or avalanche (highest interest rate first). Avalanche is more financially optimal but less immediately gratifying. Personally, since your 26% APR debt is so large and so high interest, I would recommend focusing every available penny on that card until it is paid off, and then never use it again. Again, per the flowchart, that means using everything left over after steps 0-2 are fulfilled.\""}
{"_id": "82744", "title": "", "text": "As someone that has run a nonprofit, my 2 cents: First: thank you for giving and for being conscientious about wanting to make things as easy as possible. The best method is the one you'll actually do. If there is a chance that you will end up not donating by check because you don't have a stamp, you forget, etc. go ahead and do it online. A donation with a fee is better than an intention without one. We had one case where a potential donor decided to give, but was so worried about the processing fee that they wanted to write a check. We followed up 3 times on the pledge, spent time following up with the pledge's connection that wanted to see if it came through, and in the end they never sent the check. Their pledge wound up costing us staff time and money as we tried to make their giving easy.  If you are as likely to give, size matters. My rule of thumb is that if you are giving $1 up to about a hundred dollars, the fee (which most nonprofits can get to about 3% or 3.5%) is about the same as the added staff time opening the check, adding an extra to the deposit slip, etc. But as soon as you are giving a couple hundred dollars and especially if you are giving in the thousands, it is definitely better to do it by check. Most banks don't charge an extra deposit fee at the scale of most nonprofits, and we probably have some run to the bank happening in the next day or two. Really your thank you note should be the same whether online or by check (even though you'll get the auto-thank you online), so that time difference shouldn't really play into it. The donation will be appreciated either way.  While I cringe a bit if I see a $1,500 donation come through online knowing that the check would be cheaper, that is far outweighed by the thankfulness that someone thought of us and made it happen."}
{"_id": "82751", "title": "", "text": "Do I have the option of stripping options off of the Model 3 to make it more affordable? Can I get it at $20,000 if I strip enough options off? I didn't think so.   I'm comparing base model costs. Model 3 is a luxury class vehicle, not a family car.  I have no hate for Tesla and eventually would like to see a Tesla in my driveway. But it's not a economically accessible vehicle for a lot of people right now."}
{"_id": "82760", "title": "", "text": "Not to mention, people only shop at Walmart because they have to.   Whether it's small budgets or quite literally no other choices in town, most people don't like Walmart but shop there anyway. It has a bad reputation for many things. They often have lower quality versions of the same products available elsewhere because they bully suppliers into lowering prices. They also steal products to be marketed under their Great Value brand. They bleed local economies by underpaying employees and offering no benefits. And, they are seen as the low class option compared to other stores like Target.  If there was another option, people would take it. As soon as Amazon perfects the shipping system, Walmart will be a thing of the past. Sam's Club might still have a shot, though Costco seems to be edging them out too."}
{"_id": "82767", "title": "", "text": "I disagree with the theory that SUPPLY needs to increase... stagnant sales can just as easily suggest either equilibrium between supply and demand, or a problem with purchasing power.  I would want to know the home sale PRICES (today vs last month and vs last year)... and possibly salaries.  if prices are the same, then we're more or less in equilibrium... if sale prices are dropping, then we're in trouble... but in either case I question whether adding supply will do anything except lower prices and push the market power towards the buyer."}
{"_id": "82797", "title": "", "text": "\"If you have decided to do the degree, and are simply deciding whether to accept employer funding for it or not, take the funding. I see no difference between \"\"my employer doesn't pay my tuition\"\" and \"\"my employer paid my tuition but I had to pay it back because I moved on\"\". Therefore there is no downside to letting them pay the tuition. If you want to move on before the two years (or whatever) is up, you pay back that interest free loan. You are still ahead over self funding the degree. If you have not decided to do the degree, and are letting the employer-funded tuition figure into your decision process, stop that right now. Doing a degree is hard work. You will either work much longer hours than you do now, or live on a lower salary, or more likely both. You might enjoy it, you might be worth more afterwards, and it might open the door to a raft of careers available only to those with the degree. The actual cost of the tuition is unlikely to be significant in this decision process. Removing it (by assuming the employer pays it) should still not be done. If it's worth doing when you self fund, then do it and relax knowing you won't feel trapped at your employer even if you let them pay it (or lend you the money for it if you end up leaving.)\""}
{"_id": "82805", "title": "", "text": "With the crazy amount of fee overhead in Instacart, I am not sure if teaming up would Aldi would make sense for them. Maybe it will be different for Aldi but for a Costco order, the items were %10-15 more expensive, there was a processing fee, delivery fee and they expected you to tip the shopper. That's just crazy so I would never use Instacart again unless they provided a large discount again similar to one they do for first time customers."}
{"_id": "82809", "title": "", "text": "It really depends on the terms of your loan. For example, some loans have a pre-payment penalty. You will just have to ask your lender to know for sure. That said. In almost all cases, you can save considerable interest by making extra payments towards the principal. Be careful though, some lenders require you to specifically mark the payment to be applied to the loan principal and if you don't designate it as such, they will just apply it as an early payment for future months and not reduce your balance until that future payment is due, which doesn't help at all. Another option to reduce your total interest costs, though more common for larger loans like mortgages, is to split the payment into multiple parts and pay more than once a month instead of a single payment each month. This only works if they calculate interest daily and would be useless if they do it monthly. They key is knowing the terms of your loan. Despite it not being in their best interest (pun intended), most lenders will work with you on a strategy to help you minimize the interest cost in the name of customer service."}
{"_id": "82812", "title": "", "text": "Commercial banks are not allowed to create real money.  The confusion comes from the different ways money is counted.  In M2, deposits count as money.  So if you take $100 and deposit it in the bank, M2 will count the $100 deposit as money, as well as the $100 cash the bank has from the deposit.  So under M2 the money supply has increased by $100, but no real money was created.  Commercial banks can't create real money out of thin air, and they can't loan out money they don't have."}
{"_id": "82824", "title": "", "text": "You have a loan. You can probably assume you're going to have to repay that loan, every dollar. And every dollar that's outstanding on that loan costs you interest. So assuming you're not hit by any pre-payment penalty, any dollar that you pay down on your house right now saves you a compounded R% a year, where R is your mortgage rate. It doesn't really matter whether you're planning to sell it in a few years or not. If you pay $N, you'll save the interest + $N taken from the sale price and sent to the bank when you sell the house and move (though you might get a tax deduction on the interest). If you have a better place to park your money and earn a decent rate of return, it would be worth it to do that instead of paying down the mortgage. If you had another loan with higher interest rates, that's probably a better loan to pay off. If you can spend some of all of it on something that's actually genuinely worth R% of its purchase price a year (plus whatever the wear and tear takes away from its value, if anything) then spend it on that instead; that'd be a better investment. (For instance, investments in the stock market may offer better returns. However, that's risky! Observe that you can't lose money paying down your mortgage, and that Safety is usually relatively expensive these days, so it's not a bad deal. But if you're talking about using it for long-term retirement savings that are tax-advantaged to boot, that's another matter.) If you already have ample emergency funds and were just planning on putting the money into a savings account to rot at ~1.35% taxable interest, it's definitely worth it to pay down your balance now, unless you're about to sell (so the savings are slight) and it's a real inconvenience."}
{"_id": "82827", "title": "", "text": "I am glad you agree that it makes much more sense to invest in your children now so they can enrich our society later rather than neglect their basic, human needs in a misguided attempt to punish their parents."}
{"_id": "82836", "title": "", "text": "Long story short, 8% turned out to be the tipping point because it was the average subordination level of the A rated tranches of the subprime MBS bonds.    The reason this was the magic number is because of the way bonds were placed during the period.  Basically no end user wanted to take on the risk of buying below A-rated paper, so instead of being sold directly, these BBB rated and below bonds were re-packaged into CDOs and tranched off.  Again, the higher rated paper was sold off to whomever, while the BBB and below stuff got reshuffled and repackaged into other CDOs or CDO^2 , further levering up the initial subprime bonds.    Now, back to the magic 8% number. Remember how I said that 8% was the subordination level for the A rated subprime paper? The other way of saying that is once defaults reached 8%, the BBB and below tranches of the the MBS were completely wiped out.  Since the CDOs were largely made up of these BBB and below MBS, once they started getting written down so did the CDOs.  When the lower rated CDO tranches started to go, because they were also repackaged in the same way, it just continued the negative feedback loop and before long even the  AA and AAA rated paper was seeing massive losses.    As more and more supposedly safe paper started to get wiped out, highly leveraged CDS contracts started coming due, causing AIG (which had written contracts on over $500 billion in assets) to get downgraded by the rating agencies, putting it on the brink of going under.  Because basically every major bank had exposure to AIG, had they gone under, the other banks would have all had to write down those contracts at the same time, essentially causing the entire financial system to collapse."}
{"_id": "82837", "title": "", "text": "\"As someone who founded and owns a bakery and employs about 20 people this is my advice:  1. Clean the toilets.  Show that you're willing to do whatever it is you're asking your people to do.  2. Solicit negative feedback often and then take steps to act on it.  If you don't act on it explain your reasons.  Make sure they're good reasons.  3. Deflect credit at every opportunity.  4. Hold people accountable.  Being nice to an employee who's not doing their work or doing it poorly is simultaneously being an asshole to the employees who are.  The compassionate thing is to make a quick, decisive break with incompetent or lazy people.  -Also, being wishy washy is incredibly expensive.  My largest mistake early on was not being able to say \"\"you're incompetent at this job and you're fired.\"\"  Instead I gave a wishy washy \"\"we don't really need you anymore\"\" and they filed unemployment falsely.  It ended up increasing my unemployment insurance and thereby raised my payroll by 3% indefinitely.\""}
{"_id": "82853", "title": "", "text": "At least you did it right.  The earliest lesson I had with this concept was from a friend who got hired for a summer to put page numbers in pdf documents (this would've been back when formatting pdf docs was still classified under Magic).  She unfortunately like many of us stupid kids thought the world was a nice place. She just auto-formatted the page numbers in and then taught others how to do it...  Big mistake as she got terminated shortly after with the job finished."}
{"_id": "82860", "title": "", "text": "\"Their high savings isn't why they have to export capital, the issue is that domestic depositors don't have access to the sky-high interest rates over the last 2 decades in China. There is definitely correlation between asset levels and debt.  I miss-typed in my previous post. I meant to say that the amount of debt is overstated, precicesly because wealth is high relative to income due to the high savings rate.  Ultimately, there isn't a good answer yet to your question. The seminal work (which has received many updates in the last 6 years) that first attempted to understand the disconnect between the ultra-high interest rate in China and the high levels of capital exports is called \"\"Growing Like China,\"\" by Song, Storesletten, and Zilibotti published in the American Economic Review in 2011.  Global debt according to the IIF is 327% of GDP. So China is actually a little below average in terms of total debt to GDP. And when you're growing at 5%+ a year, it is okay to lever up a little bit.   On top of all of this, the Chinese government is well aware of these issues and will almost certainly make some comments October 18th and over the next week about constraining debt growth.  This is all complicating the issue though, when you have a huge supply of money to lend, interest rates fall and companies take on more debt. So in general you would expect savings and debt levels to move together.\""}
{"_id": "82861", "title": "", "text": "Thats a LOT of assertions without data to back it up. How would you know that the jobs they get pay less? How would you know  that this happens with enough prevalence to pull the average down?  You're just backing your arguments up with thin air.   At least the author is using some data to back up his conclusions. It may have some other nuances, but I doubt he is outright wrong, unlike you."}
{"_id": "82874", "title": "", "text": "If you know you will have a big bill, like braces. and you fully expect to hit the deductible then it can make sense. The deductible can trip some people up, because if they put too much into the limited purpose FSA and don't hit the deductible for the regular insurance policy, they can't get to all the money in the FSA. Because you have the ability to spend the potential money in the FSA before all the money has been contributed, it can allow you to make that payment for the braces in January. I did this the first year we had the HSA. I knew I needed to pay a dental bill early in the year. But the HSA would only have a few hundred dollars at that time, so I used the limited purpose FSA to be able to make that payment. This could also work if you spent a lot of money in the previous year. Because you have the ability to adjust how much money goes into the HSA each each pay period, this idea does keep the option open to fully fund the HSA if your finances improve. Regarding the deductible.  The law limits what you can use the limited purpose FSA for: dental and vision only. There is an exception. If you hit the deductible for the high deductible insurance policy, then you can use the funds in the limited purpose FSA for ANY medical reason.  When I did this a few years ago, I needed to send extensive paperwork to the company holding the funds before they would release the funds for dental. Once I sent them proof that I had met the deductible, then any medical expense after that date could use the FSA with minimal paperwork. If you fully fund the FSA beyond the cost of the braces, and then have a light year medical expense wise, you might not be able to spend all money in the FSA by the deadline. Regarding state taxes.  I saw no difference in my states (Virginia) treatment of the funds. The state taxable income number was exactly the same as the federal taxable income number. It did not treat the money in the FSA differently than the money in the HSA."}
{"_id": "82910", "title": "", "text": "There are a sizable chunk of left handers in the world and often, left handers face difficulty in using normal scissors. As such, many left hand scissors are manufactured to cater to the needs of left handed persons. Often hair stylists who use the right handed scissors face a problem in doing the hair cut."}
{"_id": "82917", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/identities/2017/7/7/15929196/police-fines-study-racism) reduced by 92%. (I'm a bot) ***** &gt; Using data from more than 9,000 cities, the researchers first found that cities with larger black populations rely more on fines and court fees to raise revenue.  &gt; The average collection was about $8 per person for all cities that get at least some revenue from fines and fees, but that rose to as much as $20 per person in the cities with the highest black populations.  &gt; One possibility is that black politicians are more receptive to black voters&amp;#039; concerns, so they&amp;#039;ll often hear complaints about fines from their black constituents and tell the local police department to stop exploitative practices.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6npjp1/one_of_the_most_extensive_studies_of_its_kind/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~168330 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **black**^#1 **police**^#2 **city**^#3 **more**^#4 **study**^#5\""}
{"_id": "82920", "title": "", "text": "If it has anything to do with the US, the US has to be the worst.      It's like an experience my friend had in the mid-nineties where some emo douche who overheard our conversation about his coming to the US berated him for claiming that life in the Ukrainian SSR was much worse than life in the US and that he was either stupid or blind for not recognizing that reality.      Said emo douche got a punch in the face from my friend."}
{"_id": "82922", "title": "", "text": "&gt; An additional problem, according to the head of an industry group, is that jewelry sellers have lost a deeper connection with their customers. &gt;\u201cThe industry has become so impersonal in many ways. We\u2019ve lost the emotion,\u201d Jean-Marc Lieberherr, CEO of the Diamond Producers Association,  points to retailers\u2019 efforts to focus shopper attention on certificates that verify a diamond\u2019s quality -- perhaps only slightly more romantic than a low-risk mutual fund."}
{"_id": "82946", "title": "", "text": "People could acquire dependent on any point-any game, any sort of nourishment example, any kind of recreation action or considering. In any case, dependence on smoking with glass pipe art is every now and again alluded to as one of the terrible undertakings around the world. Since smoking is essentially seen as taking in the vapor of tobacco, that has been clinically affirmed to be hurtful to wellbeing, smokers are generally prescribed to surrender smoking. Underneath I am not going to support the smoking propensity."}
{"_id": "82951", "title": "", "text": "As the article says, selling warranties &amp; one on one tutorials is a benchmark for individual sales ability.  I don't know about Prada, but yes - many upscale department stores do still offer commission. And just about *every* store has something to upsell you on.  I don't mean to debate the merits of a commission-based sales system; I'm just pointing out that the competition (Sprint/Verizon) use one. And pay better as a result."}
{"_id": "82952", "title": "", "text": "\"It all depends on your loan contract, and the way most are written, the 10 day thing will not help.  However, assuming that the contract is written in such a way to allow this, the difference will be negligible. By \"\"saving money\"\" I assume you mean the amount of interest paid.   There is really two ways of doing this.  If you carry the loan to term paying the indicated amount on the due date you will pay $6,140 in interest.  An increase of over 33% to the cost of the car.  Yikes, that is a lot of money.   You should seek to minimize your interest expense.   One way to do this is to reduce your rate.  Applying for a new loan that is at a more reasonable 6% and continuing to pay the ~285 per month will reduce the term to 59 months and only cost you $2,245 in interest.  A large savings.   Even better is to work a second job and earn an extra 1,000 per month.  Then bundle it with your 285 payment and shoot that at the loan.  This way you will only pay $965 in interest, and have it paid off in a year.  Once you do that, you can stick $300/month or so in a savings account or other investment and pay for every other car in cash.  Making choices like these leads to building wealth.  So the question becomes do you want to spend the rest of your life on the hamster wheel of car payments, or do you want to spend one year in pain so you make smart choices in the future?  The choice is yours.\""}
{"_id": "82963", "title": "", "text": "\"&gt; What about single earner families trying to support 1 or 2 children on minimum wage?  What about single earner families trying to afford a new corvette on minimum wage?  &gt;Besides the obvious, \"\"probably should be having children if you can't afford a roof over their head\"\" part.  Nope, that's it.\""}
{"_id": "82986", "title": "", "text": "A $250K earner might have $4M in retirement savings and $500K in available funds, but doesn't wish to spend all his liquidity on the house. In general, a house might cost 2-3 times one's annual income. It would take many years to get that saved up. They might want to have the house sooner.  It all goes back to choice, priorities, personal preference."}
{"_id": "82997", "title": "", "text": "Not to mention that he probably worked more overtime than anyone here has ever pulled, lives in a city where the cost of living means that he's only doing sort of well, has to deal with the shitty New York weather, and has people's lives in his hand."}
{"_id": "83004", "title": "", "text": "If businesses cannot turn a profit while paying for a healthy minimum wage, they are bad for the economy and deserve to die. Wages are a business expense and must be allowed to react to the factors that naturally shift that expense. Subsidizing businesses by keeping wages low hurts the economy in the long run by reducing the ability people have to buy goods and services. Labor is not the only cost a business incurs, and increasing wages does not correlate to a 1:1 price increase."}
{"_id": "83012", "title": "", "text": "\"I was told by the lawyers there was no tax consequence because the two   numbers were the same. That is correct. However, a tax professional tells me that since the start-up stock was   \"\"realized\"\" there invokes a taxable event now. That is correct. I'm now led to believe I owe cap-gains tax on the entire 4 year vest   this year That is incorrect. You owe capital gains tax on the sale of your startup stock. Which is accidentally the exact same amount you \"\"paid\"\" for the new unvested stocks. There's no taxable event with regards to the new stocks because the amount you paid for them was the amount you got for the old stocks. But you did sell the old stocks, and that is a taxable event.\""}
{"_id": "83016", "title": "", "text": "Minneapolis is totally underrated, I agree. One of the more surprisingly cool US cities imo.   I had a similar experience the first time I went to Pittsburgh too, not long ago. I spent the whole week talking myself out of impulsively just moving there. Did not expect that at all.   I guess neither were necessarily 'underrated' per se \u2013 more like under-acknowledged for their coolness."}
{"_id": "83025", "title": "", "text": "\"&gt; Though high maintenance is awesome      \"\"Though\"\" is an insult to High Maintenance here. Disjointed is a pathetic excuse for a \"\"millennial weed\"\" sitcom with a goddamn laugh track. High Maintenance is a modern miniseries that explores interesting tropes in New York City - and obviously, as a self-respecting show, with no laugh track. The two aren't even on the same plane. HBO wins here.\""}
{"_id": "83026", "title": "", "text": "Because you have maxed your 2011 contribution, you can't add any more for 2011. If you have 2012 income you can make a contribution anytime between now and April 2013. Only you can determine if this makes sense for you, but there doesn't appear to be any reasons to suspect you can't do this. (this was based on your comments to the original question)"}
{"_id": "83046", "title": "", "text": "If you know what you are doing, bear markets offer fantastic trading opportunities. I'm a futures and futures options trader, and am equally comfortable trading long or short, although I have a slight preference for the short side, in that moves are typically much quicker to the down side."}
{"_id": "83059", "title": "", "text": "Consider the following scenario at a small business: As a business owner I have 10k in the bank at the moment. I have a one time expense of 4k that will not directly impact the growth of my business. I can choose to pay the 4k out of the 10 in the bank and then put the rest towards business growth. Assuming a 10% annual return on capital at the end of this transaction I am left with $6,600. Now if instead I chose to pay the 4k with a business credit card I have that only carries a 7.9% interest rate what would happen is that I incur a 4k balance that I have to pay off in a year and put 10k towards my business. Now, this is a simplified case that does not take into account the effective interest on the card and the minimum monthly payments. That being said, what happens in the end of the year is that I owe $4316 to my credit card but I now have 11k  in the bank, due to business growth. That leaves me with $6,684 after a year's worth of operations, which is better than my original $6,600. This is a small scale scenario though, but the basic idea is that if you can put the money towards growth that is better than the interest you are paying to the card, you win. The risks of course include missing a payment and incurring a penalty, not being able to grow your money at the rate you thought, and so on. Hope this explains things a bit."}
{"_id": "83063", "title": "", "text": "I converted my downstairs of my house to a suite with an eye to AirBNBing.  But I also make money renting it out (I live in a resort town with ridiculously high rents).  So far, I haven't tried AirBNB because renting it out on yearly contracts seems like less total effort and I make 1100 gross per month (net is probably closer to ~800)  I have no idea if I could make more on AirBNB.  Maybe one of these years I'll try it for a few months."}
{"_id": "83069", "title": "", "text": "This is at the bottom of my list of concerns, as both an employee and an employee.  When hiring, its because I have work that needs to be done.  I want to get someone in as quickly as possible, so I really don't care about holidays.  Holiday pay also doesn't come out of my budget, so that doesn't enter in the decision. As a employee, if I'm unemployed I want to start as soon as possible.  If switching jobs, I'm going to get paid for the holiday at one job or another, so it really doesn't matter.  The last time I changed employers, I started the second week of January.  That was more driven by moving concerns than anything else."}
{"_id": "83079", "title": "", "text": "Check out some common portfolios compared: Note that all these portfolios are loosely based on Modern Portfolio Theory, a theory of how to maximize reward given a risk tolerance introduced by Harry Markowitz. The theory behind the Gone Fishin' Portfolio and the Couch Potato Portfolio (more info) is that you can make money by rebalancing once a year or less.  You can take a look at 8 Lazy ETF Portfolios to see other lazy allocation percentages. One big thing to remember - the expense ratio of the funds you invest in is a major contributor to the return you get.  If they're taking 1% of all of your gains, you're not.  If they're only taking .2%, that's an automatic .8% you get.  The reason Vanguard is so often used in these model portfolios is that they have the lowest expense ratios around.  If you are talking about an IRA or a mutual fund account where you get to choose who you go with (as opposed to a 401K with company match), conventional wisdom says go with Vanguard for the lowest expense ratios."}
{"_id": "83080", "title": "", "text": "The initial beneficiary of 529 plan can be virtually anyone you choose--even yourself.   529 deductions are not deductible from federal taxes.  You have about a 60% chance of living in a state that allows you to deduct contributions to your state's plan from your state taxes.   I'd be more specific, but your profile is pretty much empty and there's no location info to assist me in determining if this applies to you or not. if that does apply I'm pretty sure it's limited to earned income, so you get little benefit from depositing the loans, and it generally only applies to YOUR state's plan. The major benefits to 529 plans are that the money grows tax free, and withdrawals are not subject to taxes.  However if you are not investing long term, then it's pretty hard to gain much from those benefits. Since you have such a short time horizon, you'll want to make sure the plan investments are directed to very low risk vehicles like a money market fund. One of the better sources for 528 info is www.savingforcollege.com"}
{"_id": "83081", "title": "", "text": "Sorry, you're in /r/business. Please refrain from corking the pitchforks - these important folks have got the whole world figured out already, and coincidentally it all coincides with what they already believed to be true.  Everything is the fault of global financial crises and hysterical predictions about the future are key to our very survival as a society. Nothing could possibly be due to simple, inane market forces."}
{"_id": "83083", "title": "", "text": "\"True!   And I assume that by \"\"attitude\"\" you mean \"\"bad attitude\"\".  So, yes, bad attitudes, also back stabbing, stepping on others, flattering and ass-licking of thos higher, \"\"social skills\"\", in many cases (not all) is more important than skills and talent.\""}
{"_id": "83089", "title": "", "text": "Sorry for misunderstanding, but your point still isn't realistic. The government can't afford massive amounts of cash, unadulterated or otherwise. The idea that we can print money out and just pass it out like candy has caused so many problems right now it is unfathomable. A better solution is to just fix the economy so kids can get good paying jobs and pay their loans back. We can't afford these kinds of freebies, we've just been living like we can."}
{"_id": "83090", "title": "", "text": "I don't think there's a conclusive answer to your question, but I have a real world example for you.   I was in a similar situation for almost 6 years (I was the friend, but also the one with the highest pay). I rented a house, my name on everything. I made a separate contract with both my friend and his GF and they both rented a room from me. I looked up the total m2 of the house and divided the rent by that number. Multiplied by room sizes I knew what everyone had to pay for their personal space, I simply divided the rest by 3 to find the remainder of everyone's rent.   I don't know the numbers anymore, but here's an example: house = 150 m2 room 1 = 10 m2 room 2 = 15 m2 room 3 = 25 m2 shared space = 100 m2 rent = 800,-   This gives 5.33 per m2 The shared space is worth 533.33 Divided by 3 is 177.77, So the total rent for each room is: room 1 = 10*5.33 + 177.77 \u2248 231 room 2 = 15*5.33 + 177.77 \u2248 258 room 3 = 25*5.33 + 177.77 \u2248 311   We divided the rest of the costs (gas, power, water, etc...) evenly. This was fair in our case, because the rent was directly tied to the size of the rooms. The only thing we had left to do was give the poorest person the smallest room."}
{"_id": "83110", "title": "", "text": "Step one: come off as a real-life Tony Stark, inspire the world to change for the better whilst also supplying the whole country/world with your vehicles. Step two: when it's time for Elon, lock down all vehicles so we're all sitting ducks."}
{"_id": "83112", "title": "", "text": "\"Zimbabwe is in its current state because they did not respect the property rights of the wealthy farmers and redistributed farm lands to poor people who did not know how to manage it. They literally went from the bread basket of Africa to needing 100 trillion \"\"dollars\"\" to purchase a loaf of bread.\""}
{"_id": "83138", "title": "", "text": "You can either get the right door knob for your home or consult glass door accessories manufacturers to get the best suitable knob for your door. Door knobs are not the type of products you buy from the market as a gift, so you have to ensure about the selection of the door knob for your home"}
{"_id": "83170", "title": "", "text": "Bad concept. American sprawl is still part of the landscape and until we start seeing mass migration back to dense urban living scapes bigger cars will prevail.  It's not so bad when you can buy a Honda Accord sedan that gets 40+ mpg....I so badly want revolution but the fact is transition will take longer than anyone really imagines."}
{"_id": "83177", "title": "", "text": "In my opinion, I would: If the income is from this year, you can tax shelter $59,000 plus somewhere between $50,000 and $300,000 depending on age, in a 401(k) and defined benefit plan. This will take care of the current tax burden. Afterwards, set aside your remaining tax liability in cash. The after-tax money should be split into cash and the rest into assets. The split depends on your level of risk tolerance. Build a core portfolio using highly liquid and non-correlated ETFs (think SPY, TLT, QQQ, ect.). Once these core positions are locked in. Start lowering your basis by systematically selling a 1 standard deviation call in the ETF per 100 units of underlying. This will reduce your upside, extend your breakeven, and often yield steady income. Similarly, you can sell 1 standard deviation iron condors should the VIX be high enough. Point is, you have the money to deploy a professional-type, systematic strategy that is non-correlated, and income generating."}
{"_id": "83183", "title": "", "text": "The Securities Investor Protection Corporation is roughly analogous to the FDIC for investments.  There are some important differences like a lack of 100% guarantee you get all of your funds back. The SIPC understands you invested knowing there was some risk, and therefore you take that same risk in getting your money from a failed brokerage.  However there is still a level of commitment and trust that lessen the risk of investing in the wrong place. Also, do not typo the acronym at your work computer.  In the US (and perhaps elsewhere) it is a racist term, and you are likely to get some bad search results. http://www.sipc.org/how/brochure.cfm"}
{"_id": "83192", "title": "", "text": "\"Even worse: many more times, companies will go through an $8 million project to fix an \"\"issue\"\" that costs $20.  Just 2 examples from my company:   1. A big project to automate the entry of 2 invoices per month from a supplier. Is would take an employee less than 10 minutes a month to enter those 2 invoices manually into the system.  2. A big project to provide a website for employees to buy the company's products (\"\"employee sales\"\"). I showed that on average, less than 1 order is placed per day, except December when the company has extra discounts, and then there are 3 sales a day. My solution: offer a coupon for employees to buy the same products on the existing B2C site.  P/S: Yes, I did the 1st project. Why would I complain and point out the obvious? Those silly projects are more than a job security for me. I would probably even get a prize for \"\"job well done!\"\".\""}
{"_id": "83193", "title": "", "text": "**Defaulted to one day.**  I will be messaging you on [**2017-08-26 06:42:26 UTC**](http://www.wolframalpha.com/input/?i=2017-08-26 06:42:26 UTC To Local Time) to remind you of [**this link.**](https://www.reddit.com/r/business/comments/6vsy66/amazon_will_lower_whole_foods_prices_right_away/dm3l9b2)  [**1 OTHERS CLICKED THIS LINK**](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[https://www.reddit.com/r/business/comments/6vsy66/amazon_will_lower_whole_foods_prices_right_away/dm3l9b2]%0A%0ARemindMe! ) to send a PM to also be reminded and to reduce spam.  ^(Parent commenter can ) [^(delete this message to hide from others.)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Delete Comment&amp;message=Delete! dm3l9h0)  _____  |[^(FAQs)](http://np.reddit.com/r/RemindMeBot/comments/24duzp/remindmebot_info/)|[^(Custom)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[LINK INSIDE SQUARE BRACKETS else default to FAQs]%0A%0ANOTE: Don't forget to add the time options after the command.%0A%0ARemindMe!)|[^(Your Reminders)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=List Of Reminders&amp;message=MyReminders!)|[^(Feedback)](http://np.reddit.com/message/compose/?to=RemindMeBotWrangler&amp;subject=Feedback)|[^(Code)](https://github.com/SIlver--/remindmebot-reddit)|[^(Browser Extensions)](https://np.reddit.com/r/RemindMeBot/comments/4kldad/remindmebot_extensions/) |-|-|-|-|-|-|"}
{"_id": "83206", "title": "", "text": "I like how you ignore the larger point that Obama has no business experience and that is what we need most at this time.  Romney isn't perfect by far but a much better choice than another 4 years of this shit."}
{"_id": "83230", "title": "", "text": "What is the question?  A total return fund seeks to just maximize total returns, as opposed to benchmark tracking, low vol, high vol, sectoral, whatever, this is just a name you gotta read the long prospectus to see how they are supposed to go about doing it.  Fixed income investing DOES NOT rely on on interest rates, it relies on the movements of interest rates (this is a key difference).  When economies are doing poorly, there is a flight to quality (everyone is scared and lends only to governments) driving government interest rate downs and increasing the spread between government rates and corporates.  My usual advice is There is never a good time to buy a mutual fund :P, better to buy an ETF or a portfolio of ETF's that correspond to your views.  You need to sit down and ask yourself what type of risk tolerances you're willing to take as mutual funds by construction deliver negative alpha due to fees."}
{"_id": "83238", "title": "", "text": "\"Two types of people: (1) Suckers (2) People who feel that investment advisors/brokers make too little money and want to help out by paying insane commissions. Think I'm kidding. Check out this article: \"\"Variable Annuity Pros and Cons\"\" Seriously, for 99% of us, they are a raw deal for everyone except the person selling them.\""}
{"_id": "83240", "title": "", "text": "Unfortunately I live in a second tier city with Comcast as the sole option. When I used to live in D.C. and Chicago there were multiple choices (AT&amp;T U-Verse, VZW Fios).  Even still, I dropped Comcast for DirecTV + DSL. There is a slight difference in speed at the top end, but I have not had any issues with streaming TV or Movies or Xbox online."}
{"_id": "83243", "title": "", "text": "&gt; You realize that the postal union was in favor of this, right?  I don't think that's true.  From: https://www.google.com/amp/www.cnbc.com/amp/id/45018432  &gt; The Postal unions are urging Congress to allow the Postal Service to stop making these prefunding payments.  What am I missing?"}
{"_id": "83248", "title": "", "text": "Interesting read..  But to answer the question..  &gt; Why do you think people are poor?  It's because they are held under a glass ceiling.  Welfare doesn't keep them alive, it keeps them content.  It robs them of motivation and breeds communities of poor families that will stay poor for generations."}
{"_id": "83250", "title": "", "text": "It's telling how Taibbi uses numbers like $3.7 trillion (which is the size of the bond market) instead of the size of municipal bonds, which is where the fraud took place (even by Taibbi's own admission), a market totaling $800 billion over years 2007-2008.  He consistently chooses numbers to make his stories seem much more egregious than reality. Reading the actual case PDFs shows a much smaller, less well orchestrated fraud than Taibbi's pablum."}
{"_id": "83316", "title": "", "text": "Always a good time to buy gold. Think less in terms of commodities, more in terms of true money that can not be inflated out of existence. Buy it as cheap as you can, hold it for as long as possible. The historical graphs never lie and it proves time and time again its a good store of value. I would never think of it in terms of a speculative bet though. If it does reward you, its because the global currency system is broken. I think its broken, it may reward you. But never expect it to reward you. In the short term (2-3 years), the gold price can be manipulated. In the long term (10 years) less so."}
{"_id": "83326", "title": "", "text": "RICO charges merely need evidence of a conspiracy from the higher-ups to direct illegal actions to the lower ones.   &gt;The RICO Act focuses specifically on racketeering, and it allows for the leaders of a syndicate to be tried for the crimes which they ordered others to do or assisted them, closing a perceived loophole that allowed someone who told a man to, for example, murder, to be exempt from the trial because they did not actually do it.  I'm waiting for a direction document with Jamie Dimon's signature and a attorney general with a set of balls."}
{"_id": "83330", "title": "", "text": "If interest rates are negative, a 0% load might still be profitable."}
{"_id": "83331", "title": "", "text": "A board authorizes the repurchase of shares because they feel the stock in undervalued. The hope is that the stocks will rise either directly by their repurchase, or in the near term due to the realization that the company is in better shape then the market thought. Eventually those shares will be resold back into the market thus bring in more cash at a later date.  They will set limits on them maximum they will pay, they will also spread the repurchases out over a time period so they don't overwhelm the market."}
{"_id": "83333", "title": "", "text": "I think you're looking a step beyond the question being asked. This is a pretty simple accounting question that doesn't take into account any other activity, like earnings generated during the time period by the employee being paid. It's far more simple. Unpaid wages accrue to liabilities, assets remain constant because no cash leaves the door, this equity decreases equal to the change in liability. He's not deferring an expense, he accrued it at the time the work was done, he simply hasn't paid it. That's not the same as a DTA."}
{"_id": "83338", "title": "", "text": "\"From the Social Security site,  In the case of early retirement, a benefit is reduced 5/9 of one   percent for each month before normal retirement age, up to 36 months.   If the number of months exceeds 36, then the benefit is further   reduced 5/12 of one percent per month. And for a delay past normal retirement age, there's an 8% per year increase in benefit for each year you delay.  I believe the \"\"return it all\"\" option was discontinued.  There's far too little information in your question for anyone to give a comprehensive answer. In general, one needs to look at a number of variables including their taxable income with and without the social security benefit as well as their health to determine the optimal SS start date.\""}
{"_id": "83346", "title": "", "text": "\"For practical purposes, I would strongly suggest that you do create a separate account for each business you may have that is used only for business purposes, and use it for all of your business income and expenses. This will allow you to get an accurate picture of whether you are making money or not, what your full expenses really are, how much of your personal money you have put into the business, and is an easy way to keep business taxes separate. You will also be able to get a fairly quick read on what your profits are without doing much accounting by looking at the account balance less future taxes and expenses, and less any personal money you've put into the account. Check out this thread from Paypal about setting up a \"\"child\"\" account that is linked to your personal account and can be set up to autosweep payments into your main account, should you like. You will still be able to see transactions for each child account. NOTE: Do be careful to make sure you are reserving the proper amount out of any profits your startup may have for taxes - you don't want to mix this with personal money and then later find out that you owe taxes and have to scramble to come up with the money if you have already spent it This is one of the main reasons to segregate your startup's revenues and profits in the business account. For those using \"\"brick and mortar\"\" banking services rather than a service like Paypal: You likely do not need a business checking account if you are a startup. Most likely, you can simply open a second personal account with your bank in your name, and name it \"\"John Doe DBA Company Name\"\" (DBA = Doing Business As). This way, you can pay expenses and accept payments in the name of your startup. Check with your banker for additional details (localized information).\""}
{"_id": "83349", "title": "", "text": "LC WebPros provide the best service of videography and photography in Gainesville. We have the best professional Videographers know they need good shots of the main events. If you want to best wedding photography gainesville fl, then we are the best platform for you. Make an album through our photographer your groom and guests will see he is there and there will be camera lights, but he won't really be distracting or obtrusive."}
{"_id": "83350", "title": "", "text": "A website is the front page of your services. people usually tend to visit your website first before viewing your youtube uploads. So to answer your question yes it is important to have an updated website which has a blog attached but it does not have to be too fancy. A simple business site is all that is required."}
{"_id": "83353", "title": "", "text": "Can't beat his [advice for anyone planning on taking the CFA exam for no real reason](http://dealbreaker.com/2011/12/advice-for-anyone-else-planning-to-take-the-cfa-exam-for-no-real-reason/), which has such gems as:   &gt; The thought process that leads you to wear your oversize CORNELL BIG RED sweatshirt to the exam is probably the wrong thought process. *Your Tiger Inn sweatshirt is worse.* If your goal is to intimidate the people around you, just do what I did: leave the morning session an hour early and come back visibly drunk for the afternoon.  I mean the fact that he passed after only studying for a week shows he probably knows what he's talking about."}
{"_id": "83354", "title": "", "text": "\"I'm looking for you to use something more credible to back up your assertions.  &gt;The increased use of tasers among police who actually have tasers?   As opposed to them potentially having to use firearms in those situations because there's no better alternative to stop a dangerous person from harming themselves or others?  I'm sure that some officers user tazers as an easy solution, but if you insist that this is always the case then you're patently wrong.   &gt;The increased use of SWAT teams by police forces with SWAT teams?    As opposed to the increase use of SWAT teams due to more situations requiring such level of armed response?  \"\"Causation does not imply correlation\"\", or so you should know if you've been on reddit for a year.    The slippery slope is your implication that any improvements in police response capabilities somehow automatically lend themselves to overuse and, thereby, abuse.  Give the police a less-than-lethal way of dealing with a threat? Clearly they're going to start tazering everyone's grandma.  Give the police better ways of dealing with dangerous criminals who arm themselves better than some militaries?  Almost certainly the police are going to use this gear for routine traffic stops.  Reading your naive perception of the world makes me concerned that you may think yourself actually fit to vote.\""}
{"_id": "83357", "title": "", "text": "Now, keep in mind I'm biased because I'm an engineer at this company, but FutureAdvisor.com provides advice on your savings and investments.  We currently help users optimize their portfolios for retirement savings, but plan on rolling our more savings goals in the future."}
{"_id": "83370", "title": "", "text": "Fast Forward 40 - 45 years, you're 70.5. You must take out ~5% from your Traditional IRA. If that was a Roth, you take out as much as you need (within reason) when you need it with zero tax consequences. I don't know (and don't care) whether they'll change the Roth tax exclusion in 40 years. It's almost guaranteed that the rate on the Roth will be less than the regular income status of a Traditional IRA. Most likely we'll have a value added tax (sales tax) then. Possibly even a Wealth Tax. The former doesn't care where the money comes from (source neutral) the latter means you loose more (probably) of that 2.2 MM than the 1.7. Finally, if you're planning on 10%/yr over 40 yrs, good luck! But that's crazy wild speculation and you're likely to be disappointed. If you're that good at picking winners, then why stop at 10%? Money makes money. Your rate of return should increase as your net worth increases. So, you should be able to pick better opportunities with 2.2 million than with a paltry 1.65 MM."}
{"_id": "83375", "title": "", "text": "A lot of modern pharmaceuticals are derived from coal tar.  There are lots of ways to make aspirin as you can see [here](http://www.madehow.com/Volume-1/Aspirin.html) , but it was originally produced from a coal tar derivative which you can read about [here](https://skeptoid.com/blog/2014/05/22/the-mythology-of-asprin/) .  For a more scholarly scholarly source regarding aspirin and coal tar I would suggest [this](https://www.amazon.com/German-Genius-Renaissance-Scientific-Revolution/dp/0060760230) fascinating book.  Aspirin does not come from willow bark, although a similar and less effective drug is found there."}
{"_id": "83381", "title": "", "text": "\"Hey guys I have a quick question about a financial accounting problem although I think it's not really an \"\"accounting\"\" problem but just a bond problem.  Here it goes    GSB Corporation issued semiannual coupon bonds with a face value of $110,000 several years ago. The annual coupon rate is 8%, with two coupons due each year, six months apart. The historical market interest rate was 10% compounded semiannually when GSB Corporation issued the bonds, equal to an effective interest rate of 10.25% [= (1.05 \u00d7 1.05) \u2013 1]. GSB Corporation accounts for these bonds using amortized cost measurement based on the historical market interest rate. The current market interest rate at the beginning of the current year on these bonds was 6% compounded semiannually, for an effective interest rate of 6.09% [= (1.03 \u00d7 1.03) \u2013 1]. The market interest rate remained at this level throughout the current year. The bonds had a book value of $100,000 at the beginning of the current year. When the firm made the payment at the end of the first six months of the current year, the accountant debited a liability for the exact amount of cash paid. Compute the amount of interest expense on these bonds for the last six months of the life of the bonds, assuming all bonds remain outstanding until the retirement date.  My question is why would they give me the effective interest rate for both the historical and current rate?  The problem states that the firm accounts for the bond using historical interest which is 10% semiannual and the coupon payments are 4400 twice per year.  I was just wondering if I should just do the (Beginning Balance (which is 100000 in this case) x 1.05)-4400=Ending Balance so on and so forth until I get to the 110000 maturity value. I got an answer of 5474.97 and was wondering if that's the correct approach or not.\""}
{"_id": "83391", "title": "", "text": "Summarized article: On Friday, the Dow Jones Industrial Average dropped almost 275 points and wiped out the last of the index's gains for the year.   Friday's massive selloff was triggered by a dismal US jobs report and data indicating a European and Chinese economic slowdown. Friday was the worst day of the year for the market.   Worried investors moved cash to the US Treasury bond market which also dragged the yield to a record low.   Some analysts believe the panic in the market may cause the Federal Reserve to plan for additional stimulus.   Federal Reserve Chairman Ben Bernanke is scheduled to speak next week.   *For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit*"}
{"_id": "83400", "title": "", "text": "\"&gt;millenials will all of a sudden start making a **shitload of money** in 10-20 years.  Somebody has to empty the bedpans of (not to mention \"\"wipe the arses\"\" &amp; give sponge-baths to) the bed-ridden nursing home &amp; hospitalized Baby Boomers.  Just make certain you charge enough (and only accept \"\"tips\"\" in the form of cash -- like $100 bill for a *good* sponge bath, or a thorough \"\"wipe\"\").  That way it really COULD be a \"\"shitload\"\" of money. (Because what goes in must come out... and what goes around comes around, and all that.)  ;-)  ---  &gt;Many will be stuck in menial jobs their entire lives, simply because noone would ever give them the experience needed.  Yes, but \"\"menial jobs\"\" does not necessarily mean \"\"low paying\"\".  Ask your garbage man (or your plumber, if he'll bother to give you the time of day to ask the question that is).    When just about EVERYONE wants to be a college professor, and NO ONE wants to collect garbage; guess which one will make better money?  Someone has to collect all the garbage those college professors generate (and if that someone is \"\"rare\"\" then he can charge those professors a lot).  Its all about supply vs demand.\""}
{"_id": "83409", "title": "", "text": "\"Admiral Share class comes with a low expense but higher minimum investment amount. Think of it as a wholesale deal. From Vanguard's website - Admiral\u2122 Shares are a separate share class of Vanguard mutual funds that were created to pass along the savings that result from larger accounts to the investors who own them. Regarding the minimum investment amount, if you look at other prime money market fund and the corresponding \"\"wholesale\"\" version (different institutions use different names: Admiral Shares, Capital Class, Institutional Class etc.), you will see some with even bigger differences. For example, FIPXX requires $10mil.\""}
{"_id": "83411", "title": "", "text": "\"Plus one to Alexandre for pointing out this is possible.  It is also possible to run with scissors, and I would recommend neither.   Your money problems are very small and doing something so dramatic to solve them will probably put you in a worse financial decision.  Why would you put your home, at risk, to pay off such a small amount (less than 5K)?  The \"\"one payment\"\" or consolidation mantra, for a person like you, will often lead a person into reoccurring the same debt and having the consolidation loan.  You don't need one payment you need no payments. First off stop borrowing. Second increase your income by working more or selling stuff.  You might want to clean some houses, baby sit, or mow some lawns instead of the traditional job. Third decrease your spending.  Let your loved ones know it will be a lean Christmas this year.  Cut cable as you won't have time to watch TV anyway. If you do all that could you find $1000 per month?    I bet you could find more.  Doing all that and you will be done in 5 months and still own your home outright.   You are a great candidate to pay off your bills by the snowball method, or smallest to largest.  While it may not be, on paper, the most mathematically efficient it helps people with motivation and hope.  It sounds like you could use that.  List your bills smallest to largest and pay off the smallest first while paying minimums on the rest.   You can do it!\""}
{"_id": "83417", "title": "", "text": "There are two solid years of Gen ed classes you can take. I do recommend taking them first for lots of reasons. Your major specific classes will mostly be upper level, and you will benefit from taking classes in a similar order as their class codes indicate they are meant to be taken (100's first, then 200's so on) at least roughly. You aren't going to get to any finance classes for a while anyway, as I can pretty much guarantee you are going to need macro and micro econ and two accounting classes before you can even take a basic finance class. So don't worry so much about your major right now."}
{"_id": "83420", "title": "", "text": "\"That money has to come from profits? Tell the fed, because they're focusing on lending &amp; interest rates!  You can't look at one part of the equation and claim the totality of a solution has to come from it.  And you need to model for an *optimal* rate of taxation. Just saying \"\"lower taxes are better\"\" implies your ideal rate is zero. If that's the case, state it and I'll debate that claim in it's merits.\""}
{"_id": "83421", "title": "", "text": "Here in Denver, the local Kroger chain went into grocery pickup in a big way about 18 months ago. They carved off part of the retail space at the front of select stores and installed coolers &amp; storage lockers for holding orders placed online, and also grabbed a couple of close-in parking spots and put in hard-wired call boxes on yellow stanchions so people could drive up and announce they were ready to have someone wheel out their groceries. About three months ago they quietly removed all the visible equipment, although I think the storage areas remain. I'm just not sure how profitable it was for them."}
{"_id": "83423", "title": "", "text": "+1 for using the time constructively.  Anyone who sits around doing nothing, and waiting for someone to tell them what to do is not going very far in the world.    Not a comment on the OP, as I don't know if he sits around doing nothing, or spends all the time doing really boring work.  The latter sucks, and all I can suggest for that is either quit or be the best at the job that you can (but not so good that they don't want anyone else to do it)."}
{"_id": "83434", "title": "", "text": "\"&gt; Why would he have had to have known about Sony's patent application. He explicitly stated he didn't know about it until after it was awarded.  As I noted the whole timeline simply DOESN'T match up with reality (*at all, no matter HOW desperately one contorts the timeline into trying to make it \"\"plausible\"\"*).  I think he has not only (at the least) dramatically \"\"rewritten\"\" his own memory, and \"\"embellished\"\" the story... but that most probably he was entirely mistaken as to what actually happened in the first place.  Again, at best (and even this is a a rather dubious contortionist stretch), I think \"\"Junior\"\" *maybe* came up with a crude (almost crayon like) drawing of the \"\"germ\"\" of an idea relative to CRT's after reading some \"\"pop-science\"\" article about CRT's... and then \"\"Daddy\"\" (who was apparently a Wall Street Lawyer) indulged his son by having a patent attorney look at it, and then came back and told junior some cock &amp; bull story about having been \"\"beaten\"\" to the patent.  And it probably didn't go any further than that... other than in the fervent imagination of a teenager.  Who then repeated the story... and slowly modified (and later embellished) it as the years went on.  &gt;how many kids his age do you think were even coming up with crappy, unoriginal TV designs, and how many of those went on to become marketing guys?  LOL.  Go to any sizeable bar and talk to a number of people; ask them if they ever had an \"\"idea\"\" that was later patented and became a \"\"big time\"\" thing -- you'll end up with HUNDREDS of similar \"\"well I had this idea once for _____\"\" stories, and a lot of them will come from when they were teens or twenty-somethings... very few of them have even a tiny kernel of \"\"truth\"\".  Now granted most of them will NOT talk about having \"\"applied for a patent\"\" -- but than again, most of them didn't have an indulgent father who was a well-connected Lawyer either.  &gt;He could reason and understand about technology, its potential, and its impact in a way that a lot of CEO's at the time couldn't.  Actually, all of the evidence is that he was essentially CLUELESS about even rather basic technology -- in the extreme.  As the Apple CEO, he was a \"\"fish out of water\"\" -- but, given that the advertising &amp; PR people had already (once) done the \"\"let's dress up our CEO as a 'technical wunderkind visionary\"\" (with Jobs) -- they simply did their best to repeat the same thing (with even *less* basis in reality) with Sculley.  And of course subsequently -- he's been coasting on (and trying to capitalize on) that bullshit ever since.  He probably should have just gone back to the beverage &amp; advertising world; but by then I think he had begun to *believe* his own PR myth, and his ego just wouldn't allow for admitting the truth.\""}
{"_id": "83452", "title": "", "text": "\"recently there has been an increase in Companies charging a Credit Card surcharge, the current law does not fix the amount so therefore company's can set there own surcharges, which means you can pay different surcharges at different places. In the \"\"Money\"\" magazine a couple of months ago there was an interesting article that discussed a possible cap that was going to be introduced to cut down on the fluctuations of Credit Card surcharges as some places are generating revenue by abusing the Credit Card surcharge. Something to keep in mind is to ensure when using a Debit card you are not charged the surcharge. some businesses will treat the Debit card the same as a Credit Card.\""}
{"_id": "83473", "title": "", "text": "Could you not just say that you had bought it when it was pennies on the dollar and made the millions that way? There isn't much of a transaction record, is there? I also just realized that I don't understand how taxes work in that situation. If you have a different currency from the U.S. Dollar, and it increases in value greatly, do you have to pay tax on that increased value relative to the U.S. dollar? They don't when it's minimal increases."}
{"_id": "83492", "title": "", "text": "Hey iDade  I work for a bulge bracket firm on a top 10 institutional consulting team in the United States, before I go in depth on anything, I would like to know what exactly you do not fully understand in this list. I do not want to offend you by going into basics, but I also do not want to give you information you already are comfortable with."}
{"_id": "83504", "title": "", "text": "Okay...yes. However, it's the same issue. Who's going to start offering options first? Who is that person going to be? How are they going to get a hold of the stock? They're going to have to buy it first. That takes us back to the original problem."}
{"_id": "83517", "title": "", "text": "\"I'd say there's technical leadership - \"\"that guy really knows his s**t and we don't have time to learn the details ourselves, so we'll go with his recommendations\"\" - and there's psychological leadership - \"\"this is the direction we want to move in, and he's the guy who can convince everyone else to move in that direction\"\".  You could breakdown the psychological side into additional functions as well, for example, the ability to convince everyone to go in a certain direction is not always the same as the ability to ensure that all parties involved feel cared for and happy.  I don't have any particular recommendations though. Some of these and their related tags might interest you:  https://twitter.com/lollydaskal  https://twitter.com/hashtag/orgdesign  https://twitter.com/hashtag/employeeexperience  https://twitter.com/white_owly\""}
{"_id": "83524", "title": "", "text": "I can't speak to Schweser as I've never heard of it but CFAL1 does exactly what you're looking for.  The study prep I recommended has a guy that does a video overview for each topic and he's quite good"}
{"_id": "83536", "title": "", "text": "Not sure how this has got this far with no obvious discussion about the huge tax advantages of share buy backs vs dividend paying.  Companies face a very simple choice with excess capital - pay to shareholders in the form of a taxable dividend, invest in future growth where they expect to make more than $1 for every $1 invested, or buy back the equivalent amount of stock on the market, thus concentrating the value of each share the equivalent amount with no tax issues. Of these, dividends are often by far the worst choice. Virtually all sane shareholders would just rather the company put the capital to work or concentrate the value of their shares by taking many off the market rather than paying a taxable dividend."}
{"_id": "83538", "title": "", "text": "\"It could be simple as far as who gets what accounts after the initial assignments go. So, for this example let's look at:  Employee A - 5 accounts worth 15 million *FLAGGED FOR FULL*  Employee B - 1 account worth 75 million   Employee C - 3 accounts worth 50 million  Employees have the ability to decide if they do not want anymore accounts, or if they can take on more. That's pretty much what happens now. \"\"Hey can you handle one more account?\"\" **\"\"Actually, my accounts are pretty chaotic right now and look that way for the foreseeable future. Can I pass on this one?\"\"**   So, when a new account comes available if I've flagged myself as full I simply don't participate in what would be a random handing out of the Alpha Account. The only problem I could see is if employees are stretching themselves out a bit too much for extra money, and not necessarily because they can rightfully handle the workload. Now they're just not flagging themselves because they want more money, but that sounds like a problem that can be easily handled by looking at their performance. Can you handle the load? No. Then I'm flagging you. Again, this is what happens now. If some people volunteered for more Alpha Accounts they'd be told no. There have been times now when a support has too many accounts and they pull it away and give to someone else.  As far as losing money based on accounts, there could simply be a baseline salary. From baseline X apply the modifiers for the account values, quantities, and years worked there, but if you were to lose all but 1 account, all to no fault of you, the support, you'd be at the baseline X salary. Right now if that happened, they'd lay you off and hand your accounts to someone else. So, what's worse is how I see it.  I don't disagree with the office politics, innovation being kept to the support personnel and not shared, and I could see toxicity, but I only see it if the numbers of employees don't decrease which they inevitably would. Turnover I think is key in the beginning. The crew would be dwindled down to half the numbers, and the requirements for the position should inevitably increase thus cultivating an environment that's no more toxic than an internal sales department who work side by side, for commission.\""}
{"_id": "83543", "title": "", "text": "\"In the Netherlands specifically, there are several reasons to pay extra off on your mortgage. First, house prices have dropped significantly in the last several years.  They are rising slowly now, but it's region specific and you can still borrow more than 100% of the price of the house.  Under these conditions, if you choose to sell your house and the outstanding mortgage amount is greater than the value of your house, you are left with a gap (restschuld) to finance.  I think the rules have changed recently around this, allowing you to finance this gap with a new mortgage, but this is not a good idea.  The tax implications of this are likely to be complicated in the long run and your new house may not cover this gap for some time. Second, the less you owe on your house, the lower mortgage rates you can get.  Mortgages in the Netherlands usually fall into categories based on percentage of the auction price at a foreclosure sale (executiewaarde).  If you pay more of your mortgage off, you may qualify for a lower interest rate, possibly making refinancing interesting.  This is especially important if interest rates continue to drop but the value of your house does not increase or even decreases. Third, if you choose to keep your house and rent it out, the banks in the Netherlands have very strict rules on this if you want to do it above board.  I've read that some banks require the mortgage amount (NB not the value you may have built up in a linked savings or insurance account) to be less than 50% of the foreclosure auction price (executiewaarde).  Also, related to point 2, if you have something other than a linear or annuity mortgage, you will need to refinance to do this as the tax advantages around savings mortgages ([bank]spaarhypotheken) do not apply if it is not used as your own residence. Finally, if you choose to sell and you are in the happy position of having the value of your house be greater than the value of your mortgage (you have an overwaarde), there may still be some obstacles.  Any value you have accumulated in a linked savings or life insurance account is not available until after you sell your house.  Extra value derived purely from the difference between mortgage value and sale price may be easier to deal with. EDIT: As a final note, I've made extra payments on both a \"\"Spaarhypotheek\"\" (linked life insurance) and a \"\"Bankspaarhypotheek\"\" (linked savings account).  In one, the principal paid each month reduced and the mortgage lifetime stayed the same.  In the other, the principal paid each month stayed the same and the lifetime reduced.  In both cases, interest payments were less each month.  I would contact your mortgage provider to understand what the expected impact of extra payments will be.\""}
{"_id": "83556", "title": "", "text": "This kind of thinking is a typical example of 19th century outdated economic theory. This might have been true for the factory workers back then but those kinds of jobs aren't even in western countries anymore (outside maybe some low level positions in the service industry). In the vast majority of modern western jobs firing and hiring someone else does not result in someone of the same effectiveness anywhere close to immediately."}
{"_id": "83564", "title": "", "text": "Since I'm a glass half full kind of guy --- take this opportunity to learn WHY ~~investing~~ gambling the majority of your money in a 3x levered ETF is a terrible idea.  Consider the $3k cheap tuition that can save you from being a moron later once you actually have some capital to invest.  This sub can help with some suggested reading."}
{"_id": "83570", "title": "", "text": "Welcome to eConCord Pro, the best graphic design company in Australia that offers a range of top quality graphic design, SEO, SMM and web development services at affordable pricing. Visit today and check out our plans, pricing and features!"}
{"_id": "83572", "title": "", "text": "Not to pick your words apart, but I'm used to the word laddering as used with CDs or bonds, where one buys a new say, 7 year duration each year with old money coming due and, in effect, is always earning the longer term rate, while still having new funds available each year.  So. The article you link suggests that there's money to be saved by not taking a long term policy on all the insurance you buy. They split $250K 30 year / $1M 20 year. The money saved by going short on the bigger policy is (they say) $11K.  It's an interesting idea. Will you use the $11K saved to buy a new $1M 10 year policy in 20 years, or will you not need the insurance? There are situations where insurance needs drop, e.g. 20 years into my marriage, college fully funded as are retirement accounts. I am semi-retired and if I passed, there's enough money. There are also situations where the need runs longer. The concept in the article works for the former type of circumstance."}
{"_id": "83583", "title": "", "text": "\"Are you complaining about the company changing and expanding its business model, sweet vulnerable venture capitalists getting swindled in the board room, or something else?  Or you've just \"\"decided\"\" that someone is \"\"evil\"\" and now you just want to demonstrate how smart you are at identifying and pointing out things?  \"\"Oh look! See! This is &lt;random thing&gt; that supports &lt;the big pharma narrative&gt;\"\".\""}
{"_id": "83587", "title": "", "text": "You are calculating using different methods.  For example, to obtain 6.45% 6.44647 This is effectively the same as the money-weighted return calculation. In arriving at 6.06% you have calculated the true time-weighted return. Both answers are right, but they are different measures. To use time-weighted returns you need to know the value of the investment at the time of every cash flow. Modified Dietz uses a simple approximation to avoid that requirement.  Money-weighted return gives results that are more accurate for back calculating than Modified Dietz, (also without requiring interim valuations), but the calculation is more complex. See How to Calculate your Portfolio's Rate of Return for a decent reference."}
{"_id": "83596", "title": "", "text": "So why are cancer rates higher among people who work next to the scanners and why are they not permitted to wear the radiation measurement tags? It is not about how much - it is a bout the fact that, in aggregate, it is an unhealthy thing."}
{"_id": "83609", "title": "", "text": "Could be risky, consider that some of their assets in Bolivia were nationalized."}
{"_id": "83610", "title": "", "text": "\"I do a lot of my own legal work, even sued the IRS, and I always win**.  I would not attempt to do this myself.  I'd run straight to a tax professional***.  But if I did attempt this myself... My position is that I did a 401K to IRA rollover in good faith.  Such a rollover is perfectly common.  eTrade saw the paperwork and knew I was rolling over a 401K, and knew or reasonably should have known this rollover would be to an IRA, since rolling over to a cash account is a completely insane act which no-one would ever do.  I would gather and prepare to present every document that supports this notion in any way.  I would then take a hard look at my documentation and see how well I can support that argument.   Then I would research cases in tax court to see how the courts treated situations like yours.   I would not roll over the money to another IRA account until I had done that.   And I would move quickly.  This is a hard problem and there are no pat answers.  It depends a lot on the finer details.  One last thing.  Next time you do a move like this, start small.  Move $2000 over. ** My real skill is swallowing my pride and knowing when I'm wrong.  I settle those, and only fight the guaranteed winners.  *** This is not the usual SE kneejerk of \"\"hire a professional\"\".  I almost never do; but I would here.  It's an arcane area.  Also acting on a professional's advice is a \"\"get out of jail free\"\" card regarding penalties or punishments.\""}
{"_id": "83623", "title": "", "text": "The range is fine. It's ~ 1-2X your annual income.  First, and foremost - your comment on the 401(k), not knowing the fees, is a red flag to me. The difference between low cost options (say sub .25%) and the high fees (over .75%) has a huge impact to your long term savings, and on the advice I'd give regarding maximizing the deposits.  At 26, you and your wife have about 20% of your income as savings. This is on the low side, in my opinion, but others suggest a year's salary by age 35 which implies you're not too far behind.  Given your income, you are most likely in the 25% federal bracket. I'd like you to research your 401(k) expenses, and if they are reasonable, maximise the deposit. If your wife has no 401(k) at work, she can deposit to an IRA, pre-tax.  It's wise to keep 6 months of expenses as liquid cash (or short term CDs) as an emergency fund in case of such things as a job layoff. They say to expect a month of job hunting for each $10K you make, so having even a year to find a new job isn't unheard of.  One thing to consider is to simply kill the mortgage. Before suggesting this, I'd ask what your risk tolerance is? If you took $100K and put it right into the S&P, would you worry every time you heard the market was down today? Or would you happily leave it there for the next 40 years? If you prefer safety, or at least less risk, paying off the mortgage will free up the monthly payment, and let you dollar cost average into the new investments over time. You'll have the experience of seeing your money grow and learn to withstand the volatility.  The car loan is a low rate, if you prefer to keep the mortgage for now, paying the car loan is still a guaranteed 3%, vs the near 0% the bank will give you."}
{"_id": "83625", "title": "", "text": "\"Here's my thought - call the insurance company back. Ask them to just tell you what the \"\"reasonable and customary\"\" approved payment would be. Offer that exact amount to the hospital, it's what they would have gotten anyway, and you learned a cheap lesson.\""}
{"_id": "83628", "title": "", "text": "That's not how science works. Demonstrating non-spurious correlation is the responsibility of the author. Null hypothesis and all that.  That is to say, if some guy on the street tells you something, it's not _your_ responsibility to spend your time explaining to him or others how he might be wrong."}
{"_id": "83638", "title": "", "text": "\"This is somewhat of a non-answer but I'm not sure you'll ever find a satisfying answer to this question, because the premises on which the question is based on are flawed.  Money itself does not \"\"exist physically,\"\" at least not in the same sense that a product you buy does. It simply does not make sense to say that you \"\"physically own money.\"\" You can build a product out of atoms, but you cannot build a money out of atoms. If you could, then you could print your own money. Actually, you can try to print your own money, but nobody would knowingly accept it and thus is it functionally nonequivalent to real money. The paper has no intrinsic value. Its value is derived from the fact that other people perceive it as valuable and nowhere else. Ergo paper money is no different than electronic money. It is for this reason that, if I were you, I would be okay with online Forex trading.\""}
{"_id": "83655", "title": "", "text": "The president doesn't have a magic wand that automatically makes his will the law of the land.   The president is the chief executive over a complicated bureaucratic system we call the US government. With many branches and departments, some of which are legally separated by the US Constitution and not directly under the president's control.  No things aren't going to get better because the issues this country faces are beyond the office of the president. Maybe if Congress would get serious about America we would see a little traction on the recovery, as we would have 2/3 branches of the government moving in in the same direction. Currently the US government is a centipede with 2/3rds of its legs busted.  **EDIT:** I don't mean to give the impression that the Judicial Branch is dysfunctional so much as I wanted to illustrate that it tends to follow the Legislative and Executive branches, not lead them. The Legislative branch creates the laws that the Executive branch (Office of the President) enforces. The Judicial branch oversees these two branches to make sure they create laws that abide by and operate within the Constitution."}
{"_id": "83664", "title": "", "text": "I worked at the Olive Garden in both New York and California.  Corporate Olive Garden is super cheap.  Staff doesn't even get a free meal when working all day (you have to pay for your food).    Managers got paid bonuses if they sold more deserts/alcohol so waiters are forced to offer every customer wine samples and pitch them on other drinks.    One thing I learned is that if you complain at one of the Darden Restaurants you are almost guaranteed to get comped.  The restaurants rely heavily on good feedback to keep corporate happy.  So eat all your food and then complain that it was gross and cold and they will give you free desert, or take the check if you push hard enough."}
{"_id": "83680", "title": "", "text": "I don't see that this follows. Capital commitments require that one assess the ability to unwind as information changes - market frictions.  Thats why private equity demands a premium.    HFT is not investing - it is far closer to market making.  In that regard it is a social good.  What is of a concern is that they are far less supervised than a market maker.  They provide liquidity the way bankers provide loans - when it is not essential.  The old adage of an umbrella when it is sunny but take them back at the sign of rain.  If there are requirements to commit capital and maintain orderly markets with some oversight on their ability to maintain their capital ratios, a shadow market maker, then they should get to enjoy making a spread in exchange for keeping those spreads relatively tight."}
{"_id": "83687", "title": "", "text": "\"does it mean uncontrolled severe deflation/inflation is more likely to   occur compared to \"\"normal\"\" currencies such as USD, EUR etc? Look at the chart referenced in the link in your question.  It took approximately 50 years for annual production of gold to double from 500 tons to 1000 tons.  It took approximately 40 years for annual production to double from 1000 tons to 2000 tons. Compare that to the production of US dollars by the Federal Reserve (see chart below obtained from here).  US dollar production doubled in DAYS.  Which one do you think will lead to uncontrolled inflation/deflation? Update: Why did I include a chart of the FED's balance sheet?  Because this is the way newly printed money is introduced - the FED will purchase something from banks (mortgage-backed securities, US treasuries, etc.) with newly printed money.  The banks can then loan this money to people who then deposit the money into other banks who loan those deposits to other people and so on.  This is how the fractional reserve process expands the money supply.  This is why I did not include a chart of the money supply since that is counting the same money multiple times.  If I deposited 100 newly minted coins into a bank and that bank proceeded to loan out 80 of my coins where 80 are deposited into another bank who then proceeds to loan out 60 of the coins, and so on....the production of coins only changed by the initial 100 that I minted - not by the fractional reserve multiple. There are historical examples of inflation with gold and silver as duff has pointed out.  None of them come close in magnitude to the inflation experienced with government fiat money.\""}
{"_id": "83688", "title": "", "text": "I know its a stretch and I'm not saying that I totally agree with it but you can argue that one person's own selfish consumption habits can be costly to the rest of us.  Perhaps it is a little like drunk driving, however, the harm there is physical first rather than financial.  I think that they should go ahead with the ban.  If nothing changes at all then reverse it.  Give people that one (totally unimportant) freedom back.  However, if it does produce positive results then what?  That is probably what Coca-Cola is most worried about."}
{"_id": "83694", "title": "", "text": "When you have somewhat guy or gal at home you realize how advantageous simple resources like Printable Digital Calendars can be. You are able to use these practical and accessible sources to help your preschooler find out concerning the passing of one's power and effort, the circulation in the circumstances, statistics, the alphabet and so considerably far more."}
{"_id": "83695", "title": "", "text": "\"Insurance rates are based on statistics manipulated by experts in actuarial \"\"science\"\". Actuaries look at how many times different makes and models get into accidents or are targeted by thieves, and how expensive it is to repair them. Many auto and finance sites will publish lists of the best and worst insurance risks. Family style cars like minivans and family sedans fair well, while sports cars get more expensive insurance. New models will get the risk of similar models until there is statistical data on them. One other take away from this discussion is that inexpensive insurance usually coincides with cheap repair costs, lowering your total cost of operation for your vehicle.\""}
{"_id": "83698", "title": "", "text": "\"I mean it as a serious answer. If the very idea of your app is the valuable part then you won't have a successful business. If your idea is so incredibly amazing then someone can copy it as soon as your app comes out and you only have a couple months lead time.  Also, the \"\"proper\"\" answer, NDA, has been given several times.  Everybody has an app idea. Few people follow through.    And, well we're on the subject don't be \"\"that guy\"\" who tries to get a developer to make it for him (The actual skilled part)and split the profits 50-50\""}
{"_id": "83703", "title": "", "text": "\"I doubt there is anything you can do to convince them you paid, outside of just talking to them, which it seems you already tried. These are the possibilities I can think of for how this happened: IMHO, the most likely scenario is #4. If 1 or 3 happened you'll never see your money again, but the other 3 possibilities leave open the option of the error being discovered in the future. My suggestion, if the copay is small, is to pay it again, ask for a receipt, and ask them to make a note in the system that you claim you already paid, and ask them to \"\"be on the look-out\"\" for any discrepancies in that amount. This way, (with a good amount of luck), if they find it or discover the error (from another customer asking about the credit, or an accounting cash surplus), they can refund it to you.\""}
{"_id": "83712", "title": "", "text": "\"&gt; Basically you imply that one has the onligation to earn money, what if you replace that with right to live?  Yeah, that's basically what i'm saying. The minimum wage is a means to an end, and that end is \"\"as little suffering/death as is possible.\"\"\""}
{"_id": "83714", "title": "", "text": "Cloud and online are already saturated there is no more significant growth at the top or bottom. Amazon, Google and DO have so much more of this market than MS it just speaks to how big it really is since even such a tiny fraction still looks good on the MS bottom line.    I think they have a guaranteed slow decline into irrelevance just like IBM. Though I think MS will flame out long before IBM does."}
{"_id": "83724", "title": "", "text": "You may still get an exception hold on the transfer if all of the named account holders on the checking and savings do not match. In my time in banking such an internal hold was exceedingly rare but did occur if other red flags were present.  Usually a hold is not an issue when transferring to savings.  Further, regardless of the factors above, your institution may require you to complete the transfer with a teller rather than digitally, but that's the institution's choice. Side note about large transfers: When you're doing an internal transfer of $100,000.00 or more, even if named account holders match, some banks' back-end systems will only process this amount in one day as a wire. If so, they will likely waive the wire fee."}
{"_id": "83726", "title": "", "text": "\"Luck is the wrong word then, since you believe it to be fake.    How about \"\"chance of birth\"\", \"\"chance of opportunity\"\"?  \"\"Being in the right place at the right time\"\".  It's all the same thing.  &gt; If you're from Darfur, sure you might be at a competitive disadvantage.  One must be from Darfur to have the same disadvantage?   Someone who grows up in abject poverty in the Appalachians you feel should be as successful as you?  Or growing up with a single mother on welfare in an urban environment?  Sure, you rose from meager circumstances to achieve.  But guess what, so did I.  I grew up on welfare, moved frequently, switched schools, but I made it eventually and am quite comfortable.  But unlike you, I still feel \"\"lucky\"\" for where I am today.  I am grateful, very grateful for what I have and where I am.  That is what we, as a society, lack currently. Gratitude.  Feeling pride in your self reliance is a good thing, but don't forget to be grateful, and don't feel the need to belittle others for their lack of success, because you don't know their situation, you don't know what they had to overcome.\""}
{"_id": "83733", "title": "", "text": "Taxes are the least of your concerns. Your friends need licenses. Although this COULD be avoided entirely with certain craftily worded disclaimers and exemptions and the WAY that money is given to them."}
{"_id": "83734", "title": "", "text": "Energy Transfer Partners, LP (stock symbol ETP) is the parent company of Dakota Access LLC, the developer of the Dakota Access Pipeline.  Since ETP is a publicly traded company, it is certainly possible to purchase the stock. To answer your questions: Would it not be possible to buy their stocks, bring down the price of the stocks and keep it there until investors pull out because it is financially unwise to these investors? You cannot artificially bring the price of a stock down by buying the stock.  Purchasing large enough amounts would theoretically cause the price to go up, not down. You could theoretically cause the stock to go down by shorting the stock (borrowing shares and then selling them), but it would take a lot of shares to do this, and may not be successful.  If not successful, your losses are potentially unlimited. Would it alternatively be possible to buy enough stock to have a voice in the operations of the company? Yes, you could theoretically purchase enough of the stock to control the company.  The market capitalization of ETP is currently $17.9 Billion; if you owned half of the stock, you would have complete control of the company.  But buying that much stock would certainly influence the price of the stock, so it would cost you more than half of that amount to buy that much stock. You could get yourself a voice at the table for less without owning a full half of the stock, but you would not have full control, and would need support from others to get the outcome you want. Alternatively, someone determined to exert their influence could theoretically make an offer to purchase the Dakota Access subsidiary from ETP, which might be less costly than purchasing half of the entire corporation. Even if an extremely wealthy person were to try one of these options and destroy this company, it wouldn't necessarily stop another company from building something similar.  The investors you purchased the company from would have billions of dollars to do so with."}
{"_id": "83758", "title": "", "text": "If you are a US resident (not necessarily citizen) then yes, you do have to pay capital gains taxes on any capital gains, including interest from assets oversees (like interest from a savings account). Additionally you have to report all your foreign bank accounts according to FATCA (https://www.irs.gov/businesses/corporations/foreign-account-tax-compliance-act-fatca)."}
{"_id": "83764", "title": "", "text": "\"? You have no idea what school I am talking about.  In my hometown, a child getting accepted into U of Illinois was one of the proudest moments in a parents life. I didn't get accepted into UI, but eventually I got accepted into a respectable school. I deal with people like that other commenter all the time. It's an epidemic. Why would I care to read his rude comments on Afghanistan when I have read books on the subject and been in the theater?  What, realistically, am I missing by engaging with him and putting up with his attitude?  And then there's you.  A brief view of your history shows me your school, your program, your lavish vacation, your frequent flyer tier as a freshman in college...  Honestly, I'm excruciatingly jealous.  So I hope you forgive me for my \"\"waving\"\" my pedigree of trying to be the first person in my broke-ass farm family to actually get a degree, but then getting beat out by my little sister because my mom could afford her college while I had to find a way to have Uncle Sam pay for mine.\""}
{"_id": "83769", "title": "", "text": "\"I think there are several issues here. First, there's the contribution. As littleadv said, there is no excess contribution. Excess contribution is only if you exceed the contribution limit. The contribution limit for Traditional IRAs does not depend on how high your income goes or whether you have a 401(k). It's the deduction limit that may depend on those things. Not deducting it is perfectly legitimate, and is completely different than an \"\"excess contribution\"\", which has a penalty. Second, the withdrawal. You are allowed to withdraw contributions made during a year, plus any earnings from those contributions, before the tax filing deadline for the taxes of that year (which is April 15 of the following year, or even up to October 15 of the following year), and it will be treated as if the contribution never happened. No penalties. The earnings will be taxed as regular income (as if you put it in a bank account). That sounds like what you did. So the withdrawal was not an \"\"early withdrawal\"\", and the 1099-R should reflect that (what distribution code did they put?). Third, even if (and it does not sound like the case, but if) it doesn't qualify as a return of contributions before the tax due date as described above (maybe you withdrew it after October 15 of the following year), as littleadv mentioned, your contribution was a non-deductible contribution, and when withdrawing it, only the earnings portion (which after such a short time should only be a very small part of the distribution) would be subject to tax and penalty.\""}
{"_id": "83776", "title": "", "text": "Danh s\u00e1ch c\u00e1c ng\u00e2n H\u00e0ng c\u00f3 nguy c\u01a1 b\u1ecb s\u00e1p nh\u1eadp  01 Ng\u00e2n h\u00e0ng C\u00f4ng th\u01b0\u01a1ng Vi\u1ec7t Nam 02 Ng\u00e2n h\u00e0ng TMCP \u0110\u00f4ng \u00c1 03 Ng\u00e2n h\u00e0ng NNo&amp;PTNTVN 04 Ng\u00e2n h\u00e0ng TMCP Li\u00ean Vi\u1ec7t 05 Ng\u00e2n h\u00e0ng Ph\u00e1t tri\u1ec3n nh\u00e0 \u0110\u1ed3ng b\u1eb1ng s\u00f4ng C\u1eedu Long 06 Ng\u00e2n h\u00e0ng TMCP \u0110\u00f4ng Nam \u00c1 07 Ng\u00e2n h\u00e0ng TMCP S\u00e0i G\u00f2n-H\u00e0 N\u1ed9i 08 Ng\u00e2n h\u00e0ng TMCP \u0110\u1ea1i D\u01b0\u01a1ng 09 Ng\u00e2n h\u00e0ng TMCP Mekkong 10 Ng\u00e2n h\u00e0ng TMCP Ph\u01b0\u01a1ng T\u00e2y 11 Ng\u00e2n h\u00e0ng TMCP Ph\u00e1t tri\u1ec3n Nh\u00e0 TPHCM 12 Ng\u00e2n h\u00e0ng TMCP H\u00e0ng h\u1ea3i 13 Ng\u00e2n h\u00e0ng li\u00ean doanh VI\u1ec6T TH\u00c1I 14 Ng\u00e2n h\u00e0ng TMCP Nh\u00e0 H\u00e0 N\u1ed9i 15 Ng\u00e2n h\u00e0ng TMCP Ph\u01b0\u01a1ng Nam 16 T\u1ed5ng c\u00f4ng ty t\u00e0i ch\u00ednh c\u1ed5 ph\u1ea7n D\u1ea7u kh\u00ed  M\u1ecdi T\u00e0i s\u1ea3n g\u1eedi trong c\u00e1c Ng\u00e2n H\u00e0ng n\u00e0y c\u1ea7n \u0111\u01b0\u1ee3c chuy\u1ec3n sang cho c\u00e1c Ng\u00e2n H\u00e0ng t\u1ed1t h\u01a1n nh\u1eb1m h\u1ea1n ch\u1ebf R\u1ee7i Ro !"}
{"_id": "83782", "title": "", "text": "\"That's the thing: It seems like such a simple solution doesn't it? Yes, that would work really well to stop ads from being blocked!   There's only one problem: The ad network has to trust the site that's using it.  \"\"Yeah, our image server delivered your ads a billion times last month. Now send us the check...\"\"\""}
{"_id": "83796", "title": "", "text": "The other commenters have a point.  You're going to have a hard time succeeding without the right structure at work.  That said, you can look into sales methodologies like MEDDIC.  These methods are commonly deployed at B2B companies which it sounds like you are."}
{"_id": "83807", "title": "", "text": "\"You should establish a strategy -- eg a specific mix of investments/funds which has the long-term tradeofv of risk, returns, and diversification you want -- and stick to that strategy, rebalancing periodically to maintain your strategic ratios betwedn those investments.  Yes, that means you will somettimes sell things that have been doing well and buy others that have been doing less well -- but that's to be expected; it's exactly what happens when you \"\"buy low, sell high\"\".\""}
{"_id": "83836", "title": "", "text": "This is a reasonable question about inflation.  I would just like to note that inflation is nearly zero at the moment.  And interest rates are very low.  For a stable enterprise, borrowing cash is very easy right now.  Naturally, things could change in a year.  But the reason a company like Microsoft (but not just them) might hoard cash right now is that it gives them weight for buying up smaller firms, muscling rivals, and signaling their comfort level with the way things look for them.  It could also be because they are out of ideas for what to invest in, and/or are waiting for conditions to change before making any big decisions.  But with an interest rate at close to zero, and an inflation rate at close to zero, at the moment, inflation is not going to be a consideration in evaluating such a company."}
{"_id": "83857", "title": "", "text": "\"Yeah.... Colombia is one of the top Emerald mining countries of the world. I recommend you to investigate a little bit about it, check emerald prices in your country, then you'll find out if it's really profitable for you.  If so, I recommend you to buy them at the \"\"Emerald Trade Center\"\" located in Bogota, all gemstones there, are certified, sometimes you can find people selling really cheap emeralds on the street, but most of the time it's a scam.   Depending on size, color Weight, treatment, etc. Emeralds are less or more expensive. You can buy just the emerald or emerald Jewerly.  Once I met a Colombian guy in Aruba, who buys emeralds in his country and then he sells it in Aruba. He said, it was profitable in Aruba.   If so, I recommend you to buy them at the \"\"Emerald Trade Center\"\" located in Bogota, all gemstones there are certified, sometimes you can find people selling really cheap emeralds on the street, but most of the time it's a scam.   Depending on size, color Weight, treatment, etc. Emeralds are less or more expensive. You can buy just the emerald or emerald Jewerly.  Once I met a Colombian guy in Aruba, who buys emeralds in his country and then he sells it in Aruba. He said, it was profitable in Aruba.\""}
{"_id": "83860", "title": "", "text": "The Vanguard Emerging Market Bond Index has a SEC yield of 4.62%, an expense ratio of 0.34%, a purchase fee of 0.75%, and an average duration of 6.7 years.  The Vanguard Emerging Market Bond Index only invests in US Dollar denominated securities, so it is not exposed to currency risk.  The US Intermediate Term Bond Index Fund has a SEC yield of 2.59%, an expense ratio of 0.1% and an average duration of 6.5 years.  So after expenses, the emerging market bond fund gives you 1.04% of extra yield (more in subsequent years as the purchase fee is only paid once).   Here are the results of a study by Vanguard: Based on our findings, we believe that most investors should consider   adding [currency risked] hedged foreign bonds to their existing diversified portfolios. I think a globally diversified bond portfolio results in a portfolio that's more diversified."}
{"_id": "83876", "title": "", "text": "\"What is it with every large company with millions of customers - \"\"what can we do to keep the people who aren't our customers happy?\"\". As small business owner I'm drilled to look after my existing customers. If I start ignoring them and focusing on those who aren't my customers, maybe I will be an enormous conglomerate.\""}
{"_id": "83886", "title": "", "text": "1. Up to you, enough such that you are confident in your results  2. We should make a subreddit :), and I should write up a tutorial for quantstrat for dummies  a) You want the methodology, max DD Relative to portfolio equity, and where the strategy works and does not work.  b) be critical at every step of the way, so you can consistently improve."}
{"_id": "83918", "title": "", "text": "\"You come off as a douchebag when you start a post, but I hadn't heard of duress in contract law. Does this apply to your average dental patient looking for a cleanup? There are other dentists and he didn't make any threats for them to sign the contact.  I knew vaguely of the concept of duress, and was implicitly ignoring that. I meant contracts for goods or services of an \"\"everyday\"\" nature.  But if you were making fun of me for being a kid or being naive or my lack of knowledge of the law, it came off like you were a total dick.\""}
{"_id": "83920", "title": "", "text": "Check your pregnancy through pregnancy week calculator, pregnancy calendar at OmmeWorld. Getting pregnant is such a very amazing moment for  women. If you will get this surprise then maybe you will face many problems about your pregnancy period. You should know more about your weeks, about your diet."}
{"_id": "83922", "title": "", "text": "It cost a lot of money to pay the poet to make wording, designers/photographers to make the post-cards and miscellaneous staff (Executives, HR, shareholders etc.) These cost are thrown onto the buyers."}
{"_id": "83934", "title": "", "text": "I have 1.5 years intern experience as a risk analyst doing programming work. Im a math major with a cs minor who can program fluently. I also understand basic finance terms and macro and micro economics. I applied to like 40 internships and got denied on all of them.   Sitting here wondering how the fuck I get beat out by a cashier."}
{"_id": "83947", "title": "", "text": "Gold is classified as a collectible so the gain rates are as follows: So you'd report a gain of $100 or $1,000 , depending on which coin you sold."}
{"_id": "83972", "title": "", "text": "Not at all man, for it to be a *coup de gr\u00e2ce* someone would have to have actually taken up and countered my argument, then been defeated on riposte, then finally laid down by the stark reality that returning to the gold standard is a horrible idea.   But no one took it up, so I'm glad you made the point.  It would have gone stale in my back pocket."}
{"_id": "83987", "title": "", "text": "Thanks for showing me that. I can see it now. I have always used my formula, and even a senior at another company confirmed the way I calculated the returns.   Luckily, I do not work with that manager, and he has his own model, and so do I. But he was pretty cool about it when I asked about his calculations."}
{"_id": "83996", "title": "", "text": "3 Yes, a big yes, it cannot go into the account it came from. Then both accounts >can't be touched for a year. 3) Actually it looks like you can reinvest it in the same IRA account. Based on IRS publication 590 http://www.irs.gov/publications/p590/ch01.html You can withdraw, tax free, all or part of the assets from one traditional IRA if you reinvest them within 60 days in the same or another traditional IRA. Because this is a rollover, you cannot deduct the amount that you reinvest in an IRA."}
{"_id": "84028", "title": "", "text": "\"&gt; Your argument is literally \"\"That guy who robbed you spent the money on a bench and you sat on it. So, yaknow, he was justified robbing you.\"\"   To give another analogy along with /u/halfback910's ,  you are saying \"\"That slave accepted food from his master, therefore he consented to the slavery\"\".\""}
{"_id": "84034", "title": "", "text": "In the terms of profit, you're most likely not going to make any. The other posters had good suggestions about donating and I say the same.   The fact that you had no business insurance leads me to believe that you may just have an expensive hobby and not an actual business. Talk to your accountant/tax preparer and see what and how much loss can be deducted, although that doesn't help in the present.   This is a hard lesson to learn but I hope it sticks. **Always** have business insurance, especially in an area such as yours where hurricanes are relatively normal. It's absurdly foolish and unacceptable not to have insurance.   I hope all works out."}
{"_id": "84036", "title": "", "text": "\"Ditto Nate Eldredge in many ways, but let me add some other thoughts. BTW there are not four types of account, but five. You're forgetting equity, also called capital. Would it be possible to design an accounting system that does not have 5 types of accounts, maybe is simpler in other ways, and is internally consistent and logical? I'm sure it is. But what's the advantage?  As Nate points out, the existing system has been in use for hundreds of years. Lots of people know how it works and understand it.  I'd add: People have long since worked out how to deal with all the common situations and 99% of the odd cases you're likely to hit. If you invent your own system, you're starting from scratch. You'd have to come up with conventions to handle all sorts of situations. How do I record buying a consumable with cash? How do I record buying a capital asset with credit? How do I record paying off debts? How do I record depreciation? Etc etc. If you worked at it long and hard enough and you're a reasonably bright guy, maybe you could come up with solutions to all the problems. But why?  If you were approaching this saying, \"\"I see these flaws in the way accounting is done today. I have an idea for a new, better way to do accounting\"\", I'd say good luck, you have a lot of work ahead of you working out all the details to make a fully functioning system, and then persuading others to use it, but if you really do have a better idea, maybe you can revolutionize the world of accounting. But, \"\"The present system is too much trouble and I don't want to bother to learn it\"\" ... I think that's a mistake. The work involved in inventing your own system is going to end up being way more than what it would take to learn the existing system. As to, Aren't liabilities a lot like assets? Well, in a sense I suppose. A credit card is like a checking account in that you can use it to pay for things. But they're very different, too. From an accounting point of view, with a checking account you buy something and then the money is gone, so there's one transaction: reduce cash and increase office supplies or whatever. But with a credit card there has to be a second transaction, when you pay off the charge: So, step 1, increase debt and increase office supplies; step 2, decrease debt and decrease cash. Credit cards charge interest, well you don't pay interest to use your own cash. Etc. One of the beauties of double-entry book-keeping is that every transaction involves a debit and a credit of equal amounts (or a set of debits and credits where the total of the debits equals the total of the credits). If you combine assets and liabilities into, whatever you call it, \"\"balance accounts\"\" say, then some transactions would involve a matching debit and credit while others would involve a positive debit and a matching negative debit and no credit. I'm sure you could make such a system work, but one of the neat built-in protections against error is lost. There's a very logical distinction between things that you have or that others owe you, and things that you owe to others. It makes a lot of sense to want to list them separately and manage them separately. I think you'd pretty quickly find yourself saying, \"\"well, we have two types of balance accounts, those that represent things we have and which normally have positive balances, which we list on chart A, and those that represent things we owe and which normally have negative balances, which we list on chart B\"\". And before you know it you've just reinvented assets and liabilities.\""}
{"_id": "84045", "title": "", "text": "Less shares outstanding means that, holding the dividend per share constant you would have a lower total dividend expenditure.  The more likely outcome is that, if you want to return capital to shareholders through a dividend, you just pay a higher amount per share."}
{"_id": "84077", "title": "", "text": "Ask your colleagues!  I know that sounds obvious, but just go to where people who do your sort of business hang out (or better, find some venture capital firms and ask their portfolio companies).  It's not something people would keep secret from you..."}
{"_id": "84088", "title": "", "text": "For an individual there will not be much impact immediately. This arrangement will help Corporates and Banks settle payments more easily. - It would typically help companies dealing with Yuan [Buying or selling to China or Countries that accept Yuan as payment] to make payments at a cheaper cost & in less time. - In the near future it would make it easier for companies to invest more into China financial markets - It would also open up / create new market for derivatives and other allied products - It would also make Singapore a market place for Yuan outside China [and Hong Kong] resulting in more money and related product. In a related move this would make it easy for Singapore Central Bank to invest in China.   Once the markets matures more, there could be some products for Individuals."}
{"_id": "84096", "title": "", "text": "I find that very surprising. My engineering degree came with a healthy dose of engineering economics. It's just another optimization problem for an engineer and they are generally really good at that sort of thing if you pose the problem to them. Of course the best ones already know this but even the lesser ones will generally do a good job if they know the business goals and constraints.  Of course, management needs to share what those are and often they suck at that."}
{"_id": "84105", "title": "", "text": "The earnings portion will be taxed at your marginal tax rate + 10% penalty. If the total is $100, then the earnings portion is probably not very significant for this to be a concern. But it's something you could put into a Roth IRA and let it compound with the rest of your retirement savings. Depending on your age, the compounding effect of $100 invested early enough tax free can be thousands of dollars at retirement. i.e. You have 60 days to deposit it into a Roth IRA. Don't let that pass you by."}
{"_id": "84110", "title": "", "text": "Security Company Miami - At Homeland Patrol, we\u2019ve been providing the best in security protection for years to businesses and residents in Florida. We are the first line of defense in safeguarding their properties, people, or events, and we can do the same for you."}
{"_id": "84114", "title": "", "text": "Uhuh. And if I go to the Sushi bar 10 minutes before they close, they'll give me their stale rolls 50% off. Will CNBC right on article on that tip from me?  Its just a stupid article."}
{"_id": "84117", "title": "", "text": "If there's a market for it, then it has value. No reason that it shouldn't be used, unless that market is just too volatile to ensure future value; which, I don't think is the case with fine art. If anything, there is almost the certainty that their value with increase with time."}
{"_id": "84119", "title": "", "text": "Probably the easiest way to invest in hotel rooms in the U.S. is to invest in a Real Estate Investment Trust, or REIT.  REITs are securities that invest in real estate and trade like a stock.  There are different REITs that invest in different things: some own office buildings, some residential rentals, some hold mortgages, and some are diversified in lots of different types of real estate.  There are also REITs that are exclusively invested in hotels. REITs are required to pay out at least 90% of their profits as dividends, and there are tax advantages to investing in REITs.   You can search for a REIT on REIT.com's Searchable Directory.  You can select a type (Lodging/Resorts), a stock exchange (NYSE), investment sector (equity), and a listing status (public), and you'll see lots of investments for you to consider."}
{"_id": "84128", "title": "", "text": "Linksyssmartwifi setup wizard lets you setup the Linksys router by just following some instructions. If you get any trouble in the installation or want to change the settings and need help then we are here to help you. Get in touch through the live support window."}
{"_id": "84133", "title": "", "text": "Welcome To Tizaa Works! This website is for everyone who wants to submit or read articles about businesses. Most of the articles here are from business and technology enthusiast who is willing to share their knowledge and experience that could give insights to others especially to the people who are starting their own business."}
{"_id": "84139", "title": "", "text": "&gt;The firms have to pay a shit ton of money in lawsuits.  Not really..does anyone remember the wrongful death post from the guy who's mom worked in the oil industry? No lawyer would take the case because it was unwinnable."}
{"_id": "84151", "title": "", "text": "We provide the best digital marketing and website design service in the world. We can help you to improve your marketing messages,  but it's also a basis for you to know what works and what doesn't. We provide the best software tools that track for email marketing. If you are looking Email marketing gainesville fl, we are the best one way for you. Your email marketing campaigns is really very important in any business."}
{"_id": "84159", "title": "", "text": "One of the tricks to prepare best coffee is to use fresh, high quality beans. Even though the bean to cup coffee machines grind the beans fresh for every brewing, you nonetheless need to have fresh coffee the with best espresso beans you will get the greatest aroma and flavor."}
{"_id": "84171", "title": "", "text": "If you can still work or have income to support yourself, I would wait. contrary to some media reports, Social Security has enough money to cover full benefits for a number of years to come, and there are solutions that don't involve cutting payouts. And as mentioned before it is likely you'll be grandfathered in if there are cuts."}
{"_id": "84183", "title": "", "text": "Yeah because there are not already 30 self checkout lines in Walmart. Even mc Donald's has them. Sorry but this is going down with a shit minimum wage. If 500,000 have to 'lose' their job for tens of millions to have a living wage so be it."}
{"_id": "84191", "title": "", "text": "You can't really avoid inflation. As the population grows, the amount of money needed will grow as well (because the people will grow up and go to work and earn money, and someone has to create it to pay them). One of the definitions of inflation is increasing amount of money. Increasing amount of money causes devaluation (for example, if instead of 1000 dollars we now have 2000 dollars in circulation, because the population tripled in the last 50 years, while in Russia the population remained the same and they have the same 1000 rubles as they had 50 years ago - 1 ruble will no longer cost 1 dollar, but rather 2, i.e.: prices rise). This is very simplified of course, and there are a lot of causes and triggers for inflation. Inflation, when controlled and within certain limits is necessary for growth, as mentioned, but when uncontrolled and very high it causes a lot of damage, and that's what troubles people about inflation, not its mere existence. As to bringing the prices down- the prices don't go down, the  gallon of gas will not go back to $0.25. It's just the buying power of the money goes down, because of inflation. You could buy a gallon of gas for 0.25 50 years ago, but you had to work for 1/2 hour to earn these 0.25. Now you have to pay $4, but if you still need to work for 1/2 hour for that, then the price didn't rise, effectively."}
{"_id": "84200", "title": "", "text": "\"Give him a second chance to fix it.  Some computer problems are hard to nail down.  THIS:  So you're a tech.  It's common to work a problem, do procedure A and B   that should've fixed it, test repeatedly to make sure it's fixed, and   hand it back to the customer... and then the customer, under his   operating conditions, has it fail again.  If it comes back to you, you have the foreknowledge that A and B   didn't work.  And you immediately try C and get it fixed.   This   knowledge does not magically transfer to other shops.   So the user goes into Yelp Mode and storms off angry to another shop... they   blindly try A and B again, burn in, send him home, it fails again,   user's even madder.  This is how computers DON'T get fixed. 5% discount for cash is reasonable. If you want to know why that's normal, sign up for Square.  Credit cards and checks have a significant overhead, including the risk of bounces and chargebacks, and that adds up to about 5%.  Only a few businesses actively solicit it, but many family-owned businesses would accept it if you offered.  So firstoff, does the shop give you a creep factor other than your feelings about him not fixing it the first time?  If so, cut your losses and bolt. You will definitely need to pay cash to have this fixed properly.  Otherwise take it back to him and give him a chance to fix it properly. Having dealt with a lot of customers, what you say sounds an awful lot like \"\"problem so minor I was able to use it for 9 months before bothering to get it fixed which I'm only doing because the warranty is ending\"\", and therefore, \"\"I am resentful about having to give it up for an extended period of time to have it fixed because the problem Just Isn't That Important\"\".  If that's true, you're in a values conflict and you might just be better off recognizing that.  Cheap PCs are cheap.  But the vast majority of niggling PC problems are not in fact hardware problems, they are just MS-Windows being MS-Windows.\""}
{"_id": "84213", "title": "", "text": "\"Dividend paying stocks are not \"\"better\"\"  In particular shareholders will get taxed on the distribution while the company can most likely invest the money tax free in their operations.  The shareholder then has the opportunity to decide when to pay the taxes when they sell their shares.   Companies pay dividends for a couple of reasons.... 1.) To signal the strength of the company. 2.) To reward the shareholders (oftentimes the executives of the firm get rather large rewards without having to sell shares they control.) 3.) If they don't have suitable investment opportunities in their field.  IE they don't have anything useful to do with the money.\""}
{"_id": "84228", "title": "", "text": "First, I believe that you can't just divide the losses over a number of years. I know that would be ideal as it might let you use the losses to only offset 25% income. A loss that gets you below zero taxable income would carry forward to the next year.  That said, I think it would be a great strategy to use the loss to offset a Roth conversion, in your case, from the traditional 401(k) to Roth 401(k). Keep in mind, as you've seen from using the 2016 tax year TurboTax, you should be able to make a fairly good estimate for your 2017 return. This could effectively use all of the loss to offset 25% income.  I'd look at the current projection and convert say 75-80% of the target amount immediately, then in November when the 2017 software comes out, convert the rest to get as close to your goal as you can."}
{"_id": "84238", "title": "", "text": "Gold ETFs are treated different than stock ETFs, as a collectable. This makes long-term investing in gold ETFs (for one year or longer) subject to a relatively large capital gains tax (maximum rate of 28%, rather than the 15% rate that is applicable to most other long-term capital gains). Read The Gold Showdown: ETFs Vs. Futures for more details."}
{"_id": "84245", "title": "", "text": "\"Why? Money isn't leaving the State's coffers, so there is no opportunity cost. The \"\"costs\"\" (or \"\"payouts,\"\" as the article disingenuously labels them) are tax breaks. There is little chance that Foxconn would invest in WI (or any other state) without some tax breaks, so the tax breaks aren't even forgone revenue in the purest sense, either.\""}
{"_id": "84247", "title": "", "text": "You may have a few options if the company continues to ignore your communication.  Even if none of these works out, the debt should still probably be paid out by the estate of your friend."}
{"_id": "84250", "title": "", "text": "Is investing in a Roth retirement account only better if you will be in a higher    tax bracket in retirement? If you are pushing up against the contribution limits, a Roth account may allow you to save more money in tax-advantaged accounts. In your example, you are putting $100 pre-tax in a traditional account vs $85 post-tax in a Roth account. But if there are limits, and the limits are the same for traditional or Roth accounts (as they currently are for US 401(k) accounts), you can effectively put more into a Roth account, where the limit applies to the post-tax amount, than a traditional account, where the limit applies to the pre-tax amount. If so, is there any case in which a traditional retirement account is better than a Roth account? It is smart to have some money in a traditional account, because the first amount of money you earn or withdraw each year (up to the standard deduction) is taxed at 0%, which is probably less than your current rate. And the next bit of money is taxed at only 10%, which may also be less than your current marginal rate. Of course, things may change by the time you retire, but it is probably safe to assume that we will still have some kind of progressive (income bracketed) tax structure."}
{"_id": "84263", "title": "", "text": "Check with a small local bank or credit union, they might offer better terms. That said, my local credit union still charges $6/month for a checking account if you don't have a direct deposit into it."}
{"_id": "84267", "title": "", "text": "It's extra work for you to purchase a vehicle that has an outstanding lien on it. It's not uncommon, but there are things to take care of and watch out for. Really, all it means is that the vehicle you're trying to purchase hasn't been paid for in full by the current owner. Where things can get dodgy is ensuring that all outstanding debts are paid against the vehicle at the time you take ownership of it, otherwise the owners of those debts could still reclaim the vehicle.  Here's a good article about making this kind of purchase."}
{"_id": "84292", "title": "", "text": "\"&gt; Literally not a single word of this comment is true.  Every word is true.   &gt; 1) 26.9 gross margins just got posted, with zero ZEV revenue.  I'm not talking about their posted numbers.  Taxpayers get tax credits for buying them.  If taxpayers didn't get those tax credits then TSLA would have to lower the price of the car and they would be a loss.     &gt; 2) Your 11,000 number is completely made up, particularly given that they had zero ZEV revenue.  See above.   &gt; 3) What competition? Name a car. There's nothing.  I said competition is \"\"coming\"\", not that it's here.   &gt; 4) Again, literally on that very same call, they said they've shaved hundreds of pounds off of the Model S since it started production due to improvements in battery technology. Batteries improve 8-10% every year. Everyone knows this.  1.  TSLA has worse battery tech than the cutting edge battery companies whose batteries are coming in the new competition.  2.  If you believed everything that companies said in conference calls you would be leveraged long every company in the world.\""}
{"_id": "84301", "title": "", "text": "\"&gt;If this were true, why force citizens to use a specific central bank's paper money via \"\"legal tender laws\"\"?  You do not have as much of an idea of what you are talking about as you think you do.   You can pay a person for their good or service in any sort of money you want, including gold, bitcoins, fishes, cupcakes, iron ore, or whatever. However, they must be willing to accept it. If you attempt to pay them in USD, however, they can't refuse. So why not start attempting to pay for things in semiconducters?\""}
{"_id": "84309", "title": "", "text": "\"They exceed in rote academics, tasks that lend well to memorization.  But they lag in areas that require critical thinking and \"\"thinking outside the box\"\".  There have been a few recent studies on the subject but my google-fu is lacking right now.  It's not racial, but rather cultural and the effect has to do with the teaching style employed.  I imagine it comes from having to memorize 30-50,000 shapes and meanings, writing them over and over, you spend more time on that and less time being trained to be creative like the western approach.  There are advantages and disadvantages to each.  And also, you have an element of 1st wave immigrant bias involved (I don't think that's the right term, but I remember the basic concept discussed in a couple of my econ courses).  The early immigrants to a country tend to be the most self motivated, the most skilled.  Key word here is \"\"tend\"\", not all, but most of the 1st wave are the most entrepreneurial.  This is most pronounced in immigration to a new country.  Once the wave of immigration has become established, you get the 2nd and 3rd wave of immigrants come in, where those that come in lack the skills of the 1st wave and are able to take advantage of the inroads laid by those who came first.\""}
{"_id": "84310", "title": "", "text": "After that I moved to the Middle East on March 23rd, 2015 As an NRI, one should not hold any Savings account. Please have this converted to NRO Account. Additionally it is advised that you open an NRE account. Both these can be done remotely. If I transfer money from here to a non NRE/NRO account then is it taxable? Assuming its income earned when you are NRI, it is not taxable. However if there is audit enquiry you would need to have sufficient proof to back that this income is earned during your period as NRI and hence not taxable. As indicate above, holding a savings account when you are NRI is a breach of FEMA regulation.  I have been getting mail from myITreturns.com to file income tax returns. Since I am considered as NRI, do I have to fill any non return form online? If there is a source of income in India, interest on savings account etc, it is taxable and you would need to file appropriate returns. Even if you have zero income, it is safe to file a NIL return. For the year 2014 do I have to file income tax returns? For the financial year 1st April 2014 to 31st March 2015, you are still a resident Indian for tax purposes. You should have filed the return by June 2015 if there was tax due, else by March 2016. If you have not done so, please do this ASAP and regularise it."}
{"_id": "84334", "title": "", "text": "First thing to note is that contributions (i.e. the total of all the amounts that you directly contributed into Roth IRA at any point in time) to a Roth IRA can be withdrawn at any time, without needing any reason, without any tax or penalty. Early withdrawal (early because you are under 59.5) of earnings, on the other hand, will incur tax and penalty. (I didn't go into withdrawal of conversions as those are a little more complex.) When you withdraw, contributions come out first, so as long as you don't withdraw more than the amount of past contributions, you won't have any tax or penalty. And if it's not going to have tax, it doesn't really matter if you do it this year or next year. If you need to dip into the earnings, however, then maybe it would be better to do this year so it will be taxed at lower rates."}
{"_id": "84346", "title": "", "text": "Prison in the US has nothing to do with an economic context. White collar crimes will always be sentenced less harshly than violent crimes.  I don't expect to see Madoff on the street anytime soon. So the original premise doesn't hold across the board.  The system is fucked up though. What can you do. People like Corzine are ingrained in our government and financial institutions."}
{"_id": "84356", "title": "", "text": "MattMcA definitely gave you excellent advice and said a lot of what I would say to you. Most databases that are going to give you the most comprehensive information, but in a well formatted way, are going to require subscriptions or a fee. You should try to visit a library, especially one at a university, because they may likely have free access for you. At my alma mater the preferred database among students was LexisNexis Corporate Affiliations. http://www.corporateaffiliations.com/  With this company directory, you get public and private company profiles. You can use Corporate Affiliation\u2019s MergerTrak\u2122 and get full coverage on current and past mergers and acquisitions.  I definitely think this is a business database you should look into. You have nothing to lose seeing as they have a free trial.  Just to add, there\u2019s always a business news feed on the homepage. As I just checked now, this one caught my interest: For Marvel Comics, A Renewed Digital Mission."}
{"_id": "84357", "title": "", "text": "Yeah and that's one of the reasons I never go there.  Another, major, one is that I live in California so there's authentic Mexican joints littered about in every city with way better tasting food for less money.  Also free salsa bars and chips."}
{"_id": "84368", "title": "", "text": "\"If you are buying and selling mutual funds in the same family of funds (e.g. Vanguard), then you can set up an on-line account on the Vanguard website (www.vanguard.com) and it is easy: Vanguard offers a \"\"Transaction\"\" service that allows you to sell shares of VFINX, say, and buy shares of VBTLX, say, from the proceeds of the sale all in one swell foop. But, if you are holding the VFINX shares through your on-line account with, say, eTrade, then it depends on what services eTrade provides to you. Will it allow doing all that in one transaction, or will it wait for the cash to come from Vanguard, and then send the money back to Vanguard to invest in VBTLX? In any case, selling VFINX shares and investing the proceeds in PRWCX shares, say,  cannot be done on the Vanguard site only; Vanguard will send the proceeds of the sale of the VFINX shares only to your bank account, not anywhere else. You  then need to tell T. Rowe Price (where you presumably have an account already) that you want to invest $X in PRWCX shares and to withdraw the cash from your bank account. If you are doing it all through eTrade, then the money from the sale of VFINX goes from Vanguard to eTrade (into something called a sweep account, or maybe your cash account at eTrade) and you invest it in PRWCX after appropriate delays in receiving the money from Vanguard into eTrade, etc. If your cash account (bank or eTrade) has enough of a balance, you could sell VFINX and buy PRWCX on the same day. where the purchase is made from the money in the cash account and replaced a few days later by the proceeds from Vanguard. Bouncing of checks (or inability to act on a hot tip to invest in something) in the interim is your problem; not the bank's or eTrade's.\""}
{"_id": "84380", "title": "", "text": "From a page on consumerfinance.gov A debt collector generally may not contact your employer or other third-parties about the debt. Debt collectors may ask your employer to verify your employment, or ask for your address or telephone number. Note - they aren't even allowed to tell the employer that they are trying to collect a debt. So - even if you were the guilty party, this isn't allowed.  They've already broken very clear laws and thus are probably not trustworthy, so (echoing what others have said) don't give them your own personal information.  If they've done one day's research on the law governing their industry they know this is illegal.  If they've actually gotten any money from your employer, it's theft.  If they haven't then it's just attempted theft.  Contact the police regardless. Also - contact a lawyer.  You may well have the right to sue them.  They've broken Federal laws in a way that causes you injury.  Odds are they've broken state laws as well. One last point - do you even have proof that these are debt collectors collecting a real debt, rather than people trying to get you to give them your SSN?  Perhaps their business plan is to look at company webpages and send bogus requests to the employers for some random employee and then see what information they get back (I'm not him, here's my personal information).  Be very careful to not give any personally identifiable information (date of birth, address, SSN, mother's maiden name, etc).  Anything they ask about you don't provide."}
{"_id": "84395", "title": "", "text": "&gt; Hybrids &amp; electrics are not quite ready for the prime time.  I mostly agree.  But I know a couple Prius owners and they love their cars.   &gt; without a massive and permanent increase in oil prices, widespread adoption is unlikely.  I believe the increase is inevitable.    You mention 20 to 30 years out.  Thirty years back, my car still had  a carburetor.  We've come light-years since then.  I suspect the time frame for being ready for prime time is more like ten years.  The Chevy Volt just got a 10% bump in electric-only range."}
{"_id": "84397", "title": "", "text": "\"&gt;  the business class replace engineer/programmer-managers.  This is more true than you know. As someone who has worked at Microsoft and talked to many senior executives, the leadership doesn't really \"\"get\"\" technology the way they used to. It's been happening for a while, and the best example of it was probably the Gates/Ballmer transition. Microsoft, at best, will eventually become another GE - a company that develops technology, but no longer a company driven by technology and innovation. Of course, nothing is changing in the short term though, not as long as Windows and Office keep printing money.\""}
{"_id": "84414", "title": "", "text": "\"In my opinion, you're in a precious metals \"\"bubble\"\" when rising prices are driven by the people's desire the own the commodity without a reason other than \"\"the market is going up\"\". Usually \"\"bubble\"\" markets are fueled by lots of debt. IMO, this isn't a bubble. I don't think that silver and gold values are shooting up like a rocket due to some orgy of speculation.  In my opinion, citizens are losing faith in the government and in the value of money itself. If you have money to save, most banks pay less than 1%. The government claims that inflation is nonexistant -- the inflation rate on a US Series I Savings Bond was 0.37% in November 2010. Yet most people are noticing escalations in price in things that dominate their budget -- fuel, healthcare, local taxes and food. I bought a pound of store-brand butter for $3.99 yesterday... that was $0.99 4-5 years ago.  People are seeing precious metals as a way to hedge against that. They're rational about it -- trying to protect assets is different than speculation. I think the question to ask is: \"\"Is the US Dollar's value a bubble?\"\"\""}
{"_id": "84422", "title": "", "text": "\"OneTwoTrade is a binary option seller, and they are officially licensed by the Malta Gaming Authority. They are not in any way licensed or regulated as an investment, because they don't do actual investing. Is your money safe? If you mean will they take your money and run off with it, then no they probably won't just take your deposit and refuse to return any money to you for nothing - that would be a terrible way to make money for the long-term. If you mean \"\"will I lose my money?\"\" - oh yeah, you probably will! Binary options - outside of special sophisticate financial applications - are for people who think day trading has too little risk, or who would prefer online poker with a thin veneer of \"\"it's an investment!\"\"  In the words of Forbes, Don't Gamble On Binary Options:  If people want to gamble, that\u2019s their choice. But let\u2019s not confuse   that with investing. Binary options are a crapshoot, pure and simple. These kinds of businesses run like a casino - there's a built-in house advantage, you are playing odds (which are against you), and the fundamental product is trying to bet on short-term volatility in financial markets. This is often ridiculously short-terms, measured in minutes. It's often  called \"\"all or nothing options\"\", because if you bet wrong you lose almost everything - they give you a little bit of the money you bet back (so you will bet again, preferably with more of your own money). If you bet correctly you get a pay-out, just like in craps or roulette. If you are looking to gamble online, this is one method to do it. But this isn't investing, you are as mathematically likely to lose your money and/or become addicted as any other form of money-based gambling, and absolutely treat it the same way you would a casino: decide how much money you are willing to spend on the adventure before you start, and expect you'll likely not get much or any of that money back. However, I will moralize on this point - I really hate being lied to. Casinos, sports betting, and poker all generally have the common decency to call it what it is - a game where you are playing/betting. These sorts of \"\"investment\"\" providers are woefully dishonest: they say it's an exciting financial market, a new type of investment, investors are moving to this to secure their futures, etc. It's utterly deceptive and vile, and it's all about as up-front and honest as penny auction websites. If you are going to gamble, I'd urge you to do it with people who have the decency to to call it gambling and not lie to you and ask for a \"\"minimum investment\"\".\""}
{"_id": "84441", "title": "", "text": "\"Average rent rates will typically rise and fall, and are market-dependent just like real estate. In the short term, a collapse in housing like the one we saw in 2008 can induce a spike in rental costs as people walk away or get foreclosed on, and move back into apartments. That then tends to self-adjust, as the people who had been in the apartments find a deal on a foreclosed house and move out. However, one thing I've seen to be near-constant in the apartment business is that a landlord will offer you a deal to get in, then increase the rent on you from year to year until you get fed up and move. This is a big reason I didn't have the same address for two years in a row until I bought my house. The landlord is basically betting that you won't want to deal with the hassle of moving, and so will pay the higher rent rate, even if, when you do the math, it makes more sense to move even to maintain the same rent rate. Eventually though, you do get fed up, look around, find the next good deal, and move, \"\"resetting\"\" your rent rate. I have never, not once in my life, seen or heard of any landlord offering a drop in rent as a \"\"loyalty\"\" move to keep you from going somewhere else. It's considered part of the game; retailers will price match, but most service providers (landlords, but also utility providers) expect a large amount of \"\"churn\"\" in their customer base as people shop around. It averages out.\""}
{"_id": "84445", "title": "", "text": "No, YOU made it about me.  &gt; If we were both to start our own companies,  &gt; people like you   I'll talk to my employees and the other 100's of people I interact with daily.    You should try it some time."}
{"_id": "84451", "title": "", "text": "\"This is an attitude that I feel equal parts scorn and sympathy for.    On the one hand, of course it's easier to believe something once you've investigated the topic and played with the equations yourself.  On the other hand, you have the knowledge and skills required to be an exquisitely rational actor and you're going through your life with \"\"*probably other people can't do math*\"\" as a heuristic.\""}
{"_id": "84466", "title": "", "text": "\"Ill give you two bits of advice...  1. Word of mouth is the best marketing tool for this particular business. That's because people dont get excited about plumbing, rather they only need it when they have a problem.  Providing the best customer service and following up months after your service was completed (letters, personalized e-mails, gifts, etc), will make your customers refer others.  3. Make sure your website is SEO friendly. When people need plumbing done, they will often do a google search as follows: \"\"Plumbing (Town, State)\"\", Let me know if you want to learn more about SEO and ill give you a few resources. Although it is an effective marketing technique it is also very easy to get scammed by so called \"\"SEO Professionals\"\".\""}
{"_id": "84508", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.nber.org/papers/w23735) reduced by 64%. (I'm a bot) ***** &gt; We use unique administrative data from a large private university on the East Coast from 2009-2016 to test whether women are more sensitive to grades than men, and whether the gender composition of major-related classes affects major changes.  &gt; The results show that high school academic preparation, faculty gender composition, and major returns have little effect on major switching behaviors, and that women and men are equally likely to change their major in response to poor grades in major-related courses.  &gt; Women in male-dominated majors do not exhibit different patterns of switching behaviors relative to their male colleagues.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wk0s6/choice_of_majors_are_women_really_different_from/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~199824 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **major**^#1 **women**^#2 **gender**^#3 **student**^#4 **switch**^#5\""}
{"_id": "84528", "title": "", "text": "\"Tax US corporate \"\"persons (citizens)\"\" under the same regime as US human persons/citizens, i.e., file/pay taxes on all income earned annually with deductions for foreign taxes paid.  Problem solved for both shareholders and governments.  [US Citizens and Resident Aliens Abroad - Filing Requirements](https://www.irs.gov/individuals/international-taxpayers/us-citizens-and-resident-aliens-abroad-filing-requirements)  &gt;If you are a U.S. citizen or resident alien living or traveling outside the United States, **you generally are required to file income tax returns, estate tax returns, and gift tax returns and pay estimated tax in the same way as those residing in the United States.**  Thing is, we know solving this isn't the point.  It is to misdirect and talk about everything, but the actual issues, i.e., the discrepancy between tax regimes applied to persons and the massive inequality it creates in tax responsibility.  Because that would lead to the simple solutions that the populace need/crave.  My guess is most US human persons would LOVE to pay taxes only on what was left AFTER they covered their expenses.\""}
{"_id": "84551", "title": "", "text": "Yeah, Microsoft, watch out! You don't want to be a company that has certain *extremely lucrative* markets cornered by providing vertically integrated solutions at exorbitant prices. No sir, that's a horrible fate to have. Poor, poor IBM, with their $90 billion in revenue."}
{"_id": "84560", "title": "", "text": "It is not unheard of. Celebrity investors such as Warren Buffet and Carl Icahn gained notoriety by more than doubling investments some years, with a few very stellar trades and bets. Doubling, as in a 100% gain, is actually conservative if you want to play that game, as 500%, 1200% and greater gains are possible and were achieved by the two otherwise unrelated people I mentioned. This reality is opposite of the comparably pitiful returns that Warren Buffet teaches baby boomers about, but compounding on 2-5% gains annually is a more likely way to build wealth. It is unreasonable to say and expect that you will get the outcome of doubling an investment year over year."}
{"_id": "84563", "title": "", "text": "If you are off by coins, how can you be sure that you only made a typo and didn't miss a transaction?  To start off, I would strongly you find a way to be precise.  It doesn't matter so much in the accounting, but the habit of doing a thorough job will pay off in other dividends down the line. Basically, do the pennies now.  Tryout some free online software to save the headache of data entry. But........ Since my primary goal is to get you to do the budgeting, and if you really hate the coins, just be consistent in how you fudge the debits and the credits. Always round down to the nearest whole in income, and always round up on expenses.  You won't overspend this way, and your back account should have a little bit of padding because you will assume less money in and more money out. Honestly, I do tracking in both Quicken and Mint.com, so the transaction size is no big deal to me.  If I did it all in Excel, I would round to whole notes.  You didn't tag your question with a country, so I don't know if or similar is available to you."}
{"_id": "84575", "title": "", "text": "They're surprisingly good.  But I wouldn't go there for a regular hamburger, there's nothing particularly special about their beef.  Their catch is they serve things like Buffalo, Wild Boar and Elk.  Buffalo is actually delicious and less fattening than beef.  That's what I go there for.  This all being said it's still a fast food burger."}
{"_id": "84596", "title": "", "text": "\"&gt;You could say the same about any public utility. (except the one largest one, technically)  There are literally thousands and thousands of processors, which is not the case with utilities. Additionally, processors don't need to have any kind of office or presence anywhere near the business they're serving, which means being able to choose without geographical restrictions. Also, PayPal is not a utility. This is not a relevant comparison.  &gt;Are you saying they are unable, both contractually and technically, to affect the consumer side?  They'd have to revoke their partnerships with banks who issue cards, which they aren't going to do, because consumers using cards is how they make money. Banks could choose not to issue cards, but they're already free to do that. (There's no right to a credit card.)  &gt;But also by selectively quoting me you are (deliberately?) side-stepping what actually happened in the WikiLeaks case, to focus on the consumer side.  Visa and Mastercard prohibited payments to Wikileaks on the basis of WL allegedly facilitating illegal activity. How is that relevant to what PayPal's doing?   &gt;You must buy things in different corners of the Internet than I do. The customer experience (to me) is that there is \"\"the store\"\" or you can pay with PayPal. Yes, \"\"the store\"\" is actually a payment processor but this is a quick slippery slope to \"\"what? You can just set up your own payment processor once they've all blocked your legal business\"\".  What are you talking about? You acknowledge that the store has its own processing but somehow that's not enough because someday they might not have processing and have to go through PayPal?  Processors *already* deny service to legal businesses. Notably, anything considered \"\"high risk\"\" - which includes travel services, pharmaceuticals, firearms, adult entertainment, telemarketing, debt collection, tobacco, and more - but also for businesses with poor credit, high chargebacks, business practices they don't agree with, lots of international transactions, etc.   It literally happens all the time. And, there are so many processors (tens of thousands) that there's another processor willing to step in.   Tons of websites don't even use PayPal anymore, and the ones that do often layer it on top of a different payment option. (PayPal is trying hard to increase their presence in stores because of the competition in the internet space.) No one is unable to accept payments if they're barred from PayPal. PayPal actually cuts off accounts all the time because people use it for things against PayPal's TOS.   Amazon payments, Shopify, and Stripe are the ones that most people know off the tops of their heads for online processing, but there are literally thousands. No one is somehow unable to conduct business if they can't use PayPal.   The only time that businesses can't really get processing is if they do something like rack up chargebacks and disappear or commit fraud against a processor. In those cases, the processor can put that business on the Terminated Merchant File (or MATCH list) and other processors will see that there's been a problem with that customer and not take them on. Even in those cases, businesses can rectify the issue and get off the MATCH list or they can look for processors that will serve them anyway and expect to pay a premium for it.\""}
{"_id": "84599", "title": "", "text": "\"Haha oh man, the worst part is that I seen some of those bullet points being passed as actual advice by \"\"experts\"\" and actually working in IRL situations so I honestly don't know how much is a joke really\""}
{"_id": "84600", "title": "", "text": "Nature finds its way. Bitcoin enables not only enables new kinds of commerce in both virtual worlds and in the real world, it slowly starts to become a stable store of value, because more people are comfortable of holding them."}
{"_id": "84605", "title": "", "text": "If you can get into the top school, it's a no-brainer to go that route.  An MBA at a top school will not only give you an education taught by world-renowned professors but also a large network of students and alumni."}
{"_id": "84610", "title": "", "text": "\"There are some euphemisms that are better known than others. A category of stocks that's suitable for \"\"widows and orphans\"\" would be stocks that are low beta, and perhaps high dividend. Safe (being relative) enough to put a window's money into.  The term \"\"cake and underwear\"\" appears to me to be a Buffetism. And I'd interpret it to mean,\"\"not tech, not stocks that are either high growth or cyclic, but stocks that make things that have steady demand and that most consumers use.\"\" Google the phrase, only Buffet comes up.\""}
{"_id": "84630", "title": "", "text": "It depends on how much equity you have in your home. Scenario 1: Your home is worth $100K, and your current mortgage is for $100K (or more which means you are underwater.) In this case you can't get a 2nd mortgage because: That being said, you can use different portions of equity in your home as collateral for multiple mortgages, as long as none of the equity overlaps, but you may need permission from the primary mortgage bank first, for example: Scenario 2: Your home is worth $100K, and your current mortgage is for $80K meaning you currently have $20K in equity. It is possible to get a 2nd mortgage or home equity line of credit for $20K. As a side note, if your loan agent is telling you to use a different bank, it sounds like she is trying (and willing) to do something shady. If you are in Scenario 1, I'd find a new agent."}
{"_id": "84642", "title": "", "text": "\"Having worked for a financial company for years, my advice is to stay away from all the \"\"Freedom Funds\"\" offered.  They're a new way for Fidelity to justify charging a higher management fee on those particular funds.  That extra 1% or so a year is great for making the company money; it will kill your rate of return over the next 25+ years you're putting money into your retirement account.  All these funds do is change the percentage of your funds in stocks vs. more fixed investments (bonds, etc.) so you have a higher percentage in stocks while you're young and slowly move the percentage more towards fixed as you get older.  If you take a few hours every 5 years to re-balance your portfolio and just slowly shift more money towards fixed investments, you'll achieve the same thing WITHOUT the extra annual fee. So how much difference are we talking here?  Let's do a quick example.  Based on your salary of $70k and a 4% match by your company, you'll have $5,600 a year to put in your 401(k) (your 4% plus matched 4%).  I'll also assume an 8% annual return for both funds.  Here is what that 1% extra service charge will cost you: Fund with a 1% service charge: Annual Fee Paid Year 1 - $60.00 Annual Fee Paid Year 25 (assuming 8% growth in assets) - $301.00 Total Fees Year 1 through 25:  $3,782 Fund with a 2% service charge: Annual Fee Paid Year 1 - $121.00 Annual Fee Paid Year 25 (assuming 8% growth in assets) - $472.00 Total Fees Year 1 through 25:  $6,489 That's a total of $2,707 in extra fees over 25 years on just the investment you make this year!  Next year if you invest the same amount in your 401k that will be another $2,707 paid over 25 years to the management company.  This pattern repeats EACH year you pay the higher management fee.  Trust me, if you invest that money in stock instead of paying it as fees, you'll have a whole lot more money saved when it's time to retire. My advice, pick a percentage you're comfortable with in stocks at your age, maybe 85 - 90%, and pick the stock funds with the lowest management fees (the remaining 10 - 15% should go into a fixed fund).  Make sure you pick at least some of your stock money, I do 20 - 25%, and select a diverse (lots of different countries) international fund. For any retirement money you plan to save above the 4% getting matched by your company, set up a Roth IRA.  That will give you the freedom to invest in any stocks or funds you want.  Find some low-cost index funds (such as VTI for stocks, and BND for bonds) and put your money in those.  Invest the same amount every month, automatically, and your cost average will work itself out through up markets and down. Good luck!\""}
{"_id": "84645", "title": "", "text": "\"How does this get any business? You'd be surprised on how much profit these type of businesses can bring in and the number of people who cash their checks this way. They make profit off people who want their checks cashed ASAP. Usually cheques written to \"\"cash\"\" or something can just be cashed for   free at the bank right? Yes, most banks cash your check for free. Some may not cash it right away and may require a few days to process. Some charge a small fee if the check is not from the same bank. Some personal checks may not even be processed the same day as well. Wouldn't the only cheques that people would cash at these places be   bad cheques? Yes and no. Yes because it may be \"\"easier\"\" to try to cash a fraudulent check at these type of check cashing places. However, some places may only cash business checks and require your ID in which they write down the information in order to possibly track you down in the future. Also some places only cash a check to a certain amount.  And wouldn't this mean that the business will lose a lot of money   since it pays out cash but then has the cheque bounce?  Of course the business loses money if the check bounces or is fake. That is why they try to minimize their losses with certain requirements that needs to met before the check can be cashed. Who uses these services exactly? Just about anyone who needs their check cashed ASAP or like ChrisW stated in his answer is trying to keep their money on the low. There is a demand for this service even though it may seem shady to you.\""}
{"_id": "84650", "title": "", "text": "Well there is a gap.   In a democracy we vote for our government.   We believe in them - at least the majority does.     And generally government fights on the side of capital and produces rhetoric on the side of capital and the same people who voted for their government believe the shit they're being fed.  Government generally has the difficult job of balancing labour and capital.   Both are incredibly important tools to manage.    If I voted for the governing party and they produce vitriol against a labour dispute, well no shit I'd believe them - they're the people I voted for and trust.     It's unfortunate."}
{"_id": "84673", "title": "", "text": "ACH transfers are reversible and traceable. So what's stopping them is the ease and the speed with which they would be caught. When you give a check - you have to provide some information to the payee so that they could cash it. You can't withhold the bank or the account number - how would they charge you? So it has to be on it, and if it is on it - it can be put on any other (fake) check. That is why checks come also with your signature, and are always available for you to inspect when they're cashed. If you notice something out of the ordinary (check you didn't give? ACH transfer you didn't authorize?) on your statement - it is your responsibility to notify the bank within X period of time (60 days, I think) of the statement, and it will be dealt with. So the best way to protect yourself would be to keep an eye on your account and verify that the transactions that you see are all authorized, and do it frequently. Keeping large amounts of cash on your checking account is never a good idea, regardless. Also, since checks are inherently unsafe - try to only give checks to people you trust, and use bill-pay or credit cards with anyone else."}
{"_id": "84709", "title": "", "text": "I ducking KNEW there was shit going on with WF when I got them in 07.  Cancelled my account and went to a local credit union, those beautiful bastards have grown into a formidable local bank it it's fantastic to see them taking on big banking.    Keep it up Legacy Texas!"}
{"_id": "84722", "title": "", "text": "\"liquid asset A sunk cost may turn out to be a loss or it may make you a profit, but what makes it \"\"sunk\"\" is: you can't get it back.  The opposite is a cost that you can later redeem, which makes it \"\"liquid\"\".\""}
{"_id": "84725", "title": "", "text": "\"A few years back me and a couple of friends made about 100 of these on his 30 watt laser cutter. At the time I was using them for ring boxes, because I make spoon rings and wanted something to give to people for the nicer sterling rings. If I remember correctly we used high ply baltic birch plywood at 1/8\"\" thickness. The grade we were buying ran us about $30 for a 5'x5' sheet. We cut them into 11x16 sheets, because that's the max size for his laser, and cut roughly 5 out of each sheet. The ones we were making were of course much smaller than what you are looking at though. Materials alone ended up running about $.50 a piece, we were coating with one layer of teak oil. It was roughly ten minutes to cut out 5 boxes, then another ten minutes to pop them out of the plywood and assemble each one. Despite what has been stated, with tweaking, friction fit held up completely fine, we didn't use glue on a single one and I still have a few laying around that are holding up fine also. Anyway, say you are paying yourself roughly $20 an hour, and you can speed it up from what we did and make 20 in an hour, now you have $1 a piece in labor. Keep in mind if you go to a place to have these made, from my experience, most places will charge you roughly $1 a minute for laser time. Add engraving time if you want a logo or something on them, probably another minute per box, all in all in the end these are going to end up costing you $2.50-$3 a box if you have free access to a laser. I would imagine anyone making them for you would probably charge double that.   In the end after the first batch of both these boxes, some slightly different, and some jewelry trees, we found out that it's hard to sell these items for an affordable price and still make it worth your while. If I remember correctly we ended up selling most of the remaining boxes for about $4 a piece just to break even and cover all of our expenses. Of course, this is just my experience, if someone has a way to do this more efficiently and for a profit, I would be interested to hear it, because we still have the laser and probably 100 sheets of plywood left =D\""}
{"_id": "84727", "title": "", "text": "\"In the context of this thread... the state level.  In the context of your first comment; I would say the city level. But if you're comparing Baltimore and Booneville (wow, that's actually the name of the largest city in Owsley County Kentucky?) it's still apples and oranges. And much of that county is outside of any city limits...  In the context of your \"\"Government is not your nanny\"\" comment, well those are all at the national level... So look at per-capita spending for national programs that cover both areas equally (e.g.  Social Security or Medicaid/Medicare maybe?). Be careful citing overall welfare numbers that vary by state though (like food stamps or other welfare programs).  So, what point are you trying to make? The data needs to fit that argument. Total wealth? Taxes paid at the same level (state / federal / city / county)? Amount spent on education? Median household income compared to cost of living?\""}
{"_id": "84732", "title": "", "text": "Unlike others who have answered the question - I have done this.  Here is my experience - your mileage and friendship may vary: I bought a condo years ago with a longtime childhood friend.  We did it for all the reasons you mentioned - sick of renting and not building equity, were both young, single professionals who had the money.  The market crashed we have both since married and moved on to own other properties with our spouses.  Now we rent out the condo as selling in the current market is not doable..  It's not an ideal situation but that is because of the real estate market - not who I bought with. You need to discuss very openly all of the following scenarios, as well as others I can't think of right now I am sure: If you aren't both 100% in sync with these questions then do not do it. I never understand why some people would buy with a girlfriend/boyfriend but not a good personal friend.  You're more likely to have a falling out with your significant other then a long time close friend.  My advice, have honest, open conversations, about all possible scenarios.  If you feel necessary put somethings down into some sort of legal agreement - with us it was not, and still isn't necessary."}
{"_id": "84740", "title": "", "text": "\"&gt; They need to obey the same laws that taxi companies are still held to or be fined into oblivion.   No thanks. Until ordering a \"\"regulated\"\" car becomes as pleasant an experience as using Uber, I'll keep voting with my dollars for uber. Those safety \"\"features\"\" and \"\"regulations\"\" are superfluous and I don't mind the varying rates uber charges because their drivers don't take me along bullshit routes since it's all recorded on GPS and I can complain to the company for a refund. They will also never refuse to take a credit card, and tipping is automated so drivers never distrust me in the first place.    Your \"\"repercussions\"\" for discrimination are BS since here [in Washington DC cabbies openly discriminate against black people](http://archive.wusa9.com/news/article/286584/158/WUSA9-Undercover-Cabs-strand-blacks---official-says-its-not-racism) and it's very hard to enforce, whereas with uber, payment information has been processed since the moment you sign up so the driver never has to worry about it. I'm a working professional and I tip well, but I feel self-conscious hailing cabs because I know that white customers get priority. With Uber there's a customer rating that they see that lets drivers know I'm cool and tip well so I always get drivers fast. Also, I've almost missed a flight because a taxi I phone-ordered simply didn't show up; which is just plain incompetent. Stop defending your corrupt industry. You sound like a good guy, go make more money with a superior service instead of using the guns of the law to force uber/lyft into becoming worse services.\""}
{"_id": "84758", "title": "", "text": "Yes^. Tie incentives to review writing and to repeat visits (like a loyalty program-- 5th one free, etc). There's nothing wrong with starting from 11... That will make you try harder for every customer experience and generate those good reviews organically. Good luck."}
{"_id": "84761", "title": "", "text": "When you set up a short sale for equities you are borrowing stock from someone else; typically another client at the broker.  The broker usually buries an agreement to let your shares be borrowed for short sales in your account details.  So if Client A wants to short a stock, he borrows stock from Client B to do the short sale (it's usually not this direct as they can borrow from many clients).  If Client B then wants to sell his shares; if the broker can't shift around assets to find another client's shares to let Client A borrow; then he has to close the short position out because he doesn't have the shares in the brokerage to let Client A borrow to short anymore."}
{"_id": "84768", "title": "", "text": "The only part that bothers me about google is android. Everything else is pretty diverse and each of those individual products could easily or already do have competitors. Video, email, search, social networking, advertisement and analytics all have alternatives.  Android however gives them immense power over the offerings of many other companies products, but it is pretty damn messy with no simple solutions besides wait and see what happens so far.  Amazon has gotten huge, and while they do amazing logistics, that is almost entirely what they do. Unless im buying straight from manufacturer, I only shop at 3 or 4 sites and 90% of that is amazon. Amazon, Newegg(computer shit), RockAuto(car shit), and monoprice for cables. For now they are king but I doubt it is going to stay like that. Ive noticed some products have higher markups and suppliers are likely raising prices for amazon, but it will be a few more years at least before anyone else might be able to gain traction."}
{"_id": "84770", "title": "", "text": "\"My dad keeps complaining that I treat him like a kid but hey, when the shoe fits, right? That right there is some wisdom. I would question why you need a student account.  If I found myself in this situation; and, decided to participate.  I would open a savings account (no debit card) in both of your names.  This account would have little or no fees, have a branch convenient for both of you,  and no ability for him to overdraft.  When I wanted to, I could deposit money into his account, and he could withdraw. You might even open your own account at the same bank that he does not have access to.  Then it is a matter of transferring the money into his account which can be done by mobile phone.   The thing that I would say to you, beyond your question, is that you are choosing to participate and enabling this insanity.  By \"\"quickly\"\" sending him money you are not allowing him to find alternatives for his poor behavior.   If it was me, I would require that he have some sort of financial literacy education.  He needs help budgeting, planning, and managing a bank account.  I am a Dave Ramsey guy, so I would require him to attend FPU, that I would happily pay for ~$100.  Alternatives are more than fine, mostly there has to be  progress in his financial literacy and behavior.   If he asked for money in the future, I would ask to see his budget and explain what went wrong.  If there was no budget, there would be no money.  If there was some legitimacy to his need, I would help meet it.  One example would be the company he worked for did not meet payroll.  That is something mostly beyond his control and can really hurt when a person is just starting to take control of their life.  So yes, I would send a check in that case.   However, that choice is yours. For perspective, when my son was 18 he came to me for help with habitual bounced checks.  He wanted me to pay the fee and probably pay it every month that he went crazy.  I paid the fee once, and I provided the education he needed.  After that he learned and was quickly a self-sufficient adult.  I also made it very clear that I would only pay it once. My situation was normal, parents should teach their children.  Your situation is insanity.  There is no way you should be put in the situation you are in with your father.  He needs to grow up, and you will have to help him somewhat.  If nothing more you should cut him off financially.\""}
{"_id": "84776", "title": "", "text": "\"This is the sentiment of the industry.  The frequency of massive losses has been higher than indicated by the two most used models.  I don't know the exact stats cause I work in a different LOB in the reinsurance world but I believe we've had a few \"\"1 in 200 year\"\" losses in the past decade. And there are concerns about climate change, etc.\""}
{"_id": "84797", "title": "", "text": "\"Talk to your bank first but shop around a bit as well with other reputable lenders in your area.  Another option, if you're willing to put down ~84% of the purchase price would be to talk to several dealerships BEFORE you set foot on a single lot. Tell them that you are interested in buying a Versa and that you are willing to pay cash but you are not willing to pay more than $10,200. They won't agree (trust me on that) but they will come down from $13,000. Say \"\"Thanks, I'll call you back.\"\" and call one of the other dealerships on your list and tell them \"\"I just spoke with this dealership and they are willing to sell me the car for [whatever number they gave you].\"\" One of two things will happen, either the dealership will come back with a lower price or they will tell you to go buy the car there. Continue this process until you have one dealership left.  I did this with 3 dealerships in 2011 and bought a truck with a $27,000 sticker price for just over $19,000. It took about a week to make all of the calls and I ended up going to a dealership 3 hours away but it was worth it for $8,000.\""}
{"_id": "84800", "title": "", "text": "\"Your broker, Ameritrade, offers a variety of Exchange Traded Funds (ETFs) that you can buy and sell with zero commission.  An ETF is like a mutual fund, but you buy and sell shares the same way you buy and sell shares of stocks.  From your point of view, the relevance of this is that you can buy and sell as many or as few shares as you like, even down to a single share.  Note that to get the commission-free trades on the available ETFs you have to sign up for it in your account profile.  Be sure to do that before you enter any buy orders. You'll want to start by looking at the Ameritrade's list of commission-free ETFs.  Notice that they are divided into different categories:  stocks, bonds, international, and commodities.  Which categories you pick from will depend on your personal investing goals, time horizon, risk tolerance, and so on.  There are lots of questions and answers on this site that talk about asset allocation.  You should read them, as it is the most important decision you will make with your portfolio. The other thing you want to be aware of is the expense ratio for each fund.  These expenses reduce the fund's return (they are included in the calculation of the net asset value of the shares), so lower is definitely better.  Personally, I wouldn't even consider paying more than about 0.10% (commonly read \"\"10 basis points\"\" or \"\"10 bp\"\") for a broad-based domestic stock fund.  For a sectoral fund you might put up with as much as 20 bp in expenses.  Bond funds tend to be a little more expensive, so maybe allow as much as 25 bp, and likewise for international funds.  I've never invested in commodity funds, so I'll let someone else opine on appropriate expense ratios for those. Once you've decided what funds you want (and have signed up for commission-free trades), all you have to do is enter the trade orders.  The website where you manage your account has tutorials on how to do that.  After that you should be all set. Good luck with your investing!\""}
{"_id": "84804", "title": "", "text": "I understand he's trying to tell us how rich he is here.  But what a retard - why would he want to take counterparty risk vs some dodgy boxing corporation?  The longer he waits, the more chance the cheque bounces.  Nobody would provide a loan to these businesses for less than 10% per year.  Floyd is doing that for 0%"}
{"_id": "84807", "title": "", "text": "\"Not to mention there's no such thing as an \"\"Economics Nobel Prize\"\", but to the credit of the OP the term was correctly put in quotations.  The prize (propaganda coup) is the Rikksbank Prize in memory of Alfred Nobel, and Nobel himself opposed the concept of a prize in economics. The much more recently created prize was devised only in 1969 by central bankers as a way to promote economists who primarily share and promote the ideology of central banking. They co-opted the Nobel name and bribed the Nobel committee with a lump sum they couldn't turn down, and the rest is history.\""}
{"_id": "84819", "title": "", "text": "As noted above, this is likely going to need (several) lawyers to straighten out.  I am not a lawyer, but I think one should be retained ASAP. However, in the meantime: The authorized user should not be making any charges.  Continuing to do so at this point may be a criminal offense.  For the protection of any other heirs, this should be brought to the attention of the credit card issuer and law enforcement authorities.  As it stands, the account holder's estate will be liable for the full debt, and the authorized user's estate would be untouched.   Of course, all this could change if other heirs challenge the estate and file civil suits, in which case it's likely that both estates will be eaten up with legal fees anyway."}
{"_id": "84826", "title": "", "text": "No, I don't mean like company towns. I mean that if the government did not provide roads (we'll use roads as an example) then a private company would see an area of the market that needed service and profit was to be made and fill that whole. Roads would exist, probably in some form similar to toll roads, and we would still have our infrastructure."}
{"_id": "84848", "title": "", "text": "Good. The quality of programming on TV seems to decrease year after year. In an effort to combat people ignoring advertisements the shows now contain horrendous [product placement](http://www.youtube.com/watch?v=oQYwFND7rHE) filler, which is barely [disguised anymore](http://www.youtube.com/watch?v=nfHuZ5qrYX4), and the comedy becomes weaker and weaker as shows like Two and a Half Men go on and on, replaying the same tired plots, refusing to die, as yet more unfunny filler appears, e.g. Mike and Molly.  TV is dying not only because people like the freedom of the internet, but also because people don't like shit. You get 500 channels of cable, 10 of them are watchable. Those ten are only watchable between 7 and 12 at night, if even then.  Why is TV failing? Because TV sucks."}
{"_id": "84853", "title": "", "text": "You can buy out of the money put options that could minimize your losses (or even make you money)  in the event of a huge crash. Put options are good in that you dont have to worry about not getting filled, or not knowing what price you might get filled with a stop-loss order, however, put options cost money and their value decays over time. It's just like buying insurance, you always have to pay up for it."}
{"_id": "84858", "title": "", "text": "\"The answer to your question is...it depends.  Depending on the state you, your friend, and the LLC are located in, it can be very easy to run afoul of state banking laws, or to somehow violate some other statute pertaining to the legal activities an LLC may undertake by doing something like a loan. It is not unusual (or illegal) for officers or employees of a business entity to be loaned money by the company they work for, so something of this nature wouldn't be an issue with regulatory agencies.  Having your LLC loan money to a friend who isn't an employee or officer of your LLC just might not be kosher though. The best advice I can give is that you should call the state banking commission or similar agency in your state and ask them whether what you want to do is alright.  The LAST thing you want is to end up with auditors or regulators sniffing around your business, even if you haven't done anything wrong, and you certainly don't want to run the risk of accidentally \"\"piercing the corporate veil\"\", as someone else here astutely pointed out. Good luck!\""}
{"_id": "84863", "title": "", "text": "\"You likely won't require OCR software for the PDFs. Most PDFs are created entirely in software these days, rather then scanning in a printed or faxed letter. The text should be able to extracted from the them with a utility like \"\"pdftotext\"\".\""}
{"_id": "84866", "title": "", "text": "Banks and credit unions are constantly required to improve their detection methods for suspicious transactions.  It's not just big transactions anymore, it's scattered little ones, etc. Our credit union had to buy software that runs through transactions sniffing for suspicious patterns.  More regulations and more costs that ultimately get passed on to customers in one way or another. Some of your transactions probably tripped a wire where there was none before."}
{"_id": "84870", "title": "", "text": "My interpretation of that sentence is that you can't do the buying/selling of shares outright (sans margin) because of the massive quantity of shares he's talking about.  So you have to use margin to buy the stocks. However, because in order to make significant money with this sort of strategy you probably need to be working dozens of stocks at the same time, you need to be familiar with portfolio margin.  Since your broker does not calculate margin calls based on individual stocks, but rather on the value of your whole portfolio, you should have experience handling margin not just on individual stock movements but also on overall portfolio movements. For example, if 10% (by value) of the stocks you're targeting tend to have a correlation of -0.8 with the price of oil you should probably target another 10% (by value) in stocks that tend to have a correlation of +0.8 with the price of oil.  And so on and so forth.  That way your portfolio can weather big (or even small) changes in market conditions that would cause a margin call on a novice investor's portfolio."}
{"_id": "84891", "title": "", "text": "\"Many investors don't invest for the short term and so a stock \"\"nose-diving\"\" in the short run will not affect their long term strategy so they will simply hold on to it until it recovers. Additionally funds that track an index have to hold on to the constituents of that index no matter what happens to its value over the period (within trading limits). Both of these kinds of investors will be able to lend stock in a company out and not trigger a forced buy-in on a short term change. If the underlying long-term health of the company changes or it is removed from indices it is likely that this will change, however. Employee stock plans and other investors who are linked directly to the company or who have a vested interest in the company other than in a financial way will also be unwilling (or unable) to sell on a down turn in the company. They will similarly be able to lend their stock in the short term.\""}
{"_id": "84894", "title": "", "text": "Hello, my Dear Friend!  Steal Chips Johny Johny Yes Papa Song Learn Colors with Bad Baby Nursery Rhymes Thank you for watching my video! Five Little Babies Jumping on the Bed Song Nursery Rhymes Songs for Kids https://www.youtube.com/watch?v=hIAMkUdZ1QA Learn Colors with Crying Baby Dolls Are you Sleeping Nursery Rhymes Songs for Kids https://www.youtube.com/watch?v=k8-HzTiZyGc #LearnColors #Colours #forKids #forChildren #JohnyJohnyYesPapa #JohnyJohnyYesPapaSong #NurseryRhymes#NurseryRhymesSong #BadBaby #GiantSpider #StealChips #ChipsPrank #EaTV"}
{"_id": "84895", "title": "", "text": "Silly me for assuming you would actually read it   &gt;&gt; Although death rates for many individual cancer types have also declined, **rates for a few cancers have stabilized or even increased.**  &gt;&gt; **As the overall cancer death rate has declined, the number of cancer survivors has increased**  &gt;&gt;**Although rates of smoking, a major cause of cancer, have declined, the U.S. population is aging, and cancer rates increase with age. Obesity, another risk factor for cancer, is also increasing.**"}
{"_id": "84896", "title": "", "text": "That's not unemployment insurance. Because it's perfectly possible, and even likely, that your industry will do badly but you'll keep your job, or that your industry will do well but you'll lose your job anyway. Any bet you make to insure yourself against unemployment has to be individually about you -- there are no suitable proxies."}
{"_id": "84924", "title": "", "text": "\"Dude, you are over analyzing this way too much.  The fact of the matter is, if someone is sketchy enough to help you rob a bank, their character and judgement is suspect.  &gt;Moreover, it can't be that hard to find a group of 4-5 people who aren't stupid. I can think of a dozen friends of mine off the top of my head I'd have complete confidence in if we decided to rob a bank.  This sentence is a bit of a fallacy in of itself after reading the linked article above.  You want to find \"\"4-5 people who aren't stupid\"\" that will \"\"rob a bank.\"\"  We just read about how the return on bank robbery is complete garbage, so anyone who would think it a good idea is de facto stupid.  Chances are, someone who was willing to commit such a large crime, will be willing to commit other, possibly smaller crimes.  And if you think there's any loyalty among criminals, you are incredibly naive...\""}
{"_id": "84931", "title": "", "text": "\"Let's look at basics. Your 340K mortgage amortized over 25 years at 3.5% is going to cost you $1700 in payments - almost exactly your rent. You won't be paying out less. You will in fact be paying out more, because you are now liable for more insurance, and any repairs will have to be paid for by you, not the landlord. So don't do this to save money. Figures from here. Don't forget that it is extremely likely that interest rates will go up in the next few years. 7% is not unlikely. Can you afford it if your payments double? You can get a fixed rate mortgage, but they are going to cost you much more than 3.5% for more than a couple of years. Don't be fooled by the 'pay yourself' argument for getting a mortgage. in the first few years almost all of your payments is interest, not paying down the principal. You are just switching from paying a landlord to paying a bank. There are huge advantages to waiting until you have a good down payment before buying a house. People with a big down payment get better interest rates, and don't need to pay as much CMHC insurance. You will be less at risk if the price of your house drops. Also ask yourself if you are sure you will be in your house for five years - if not, even real estate agents would usually admit you shouldn't buy. The truck payment shouldn't be an issue, as long as you are sure you can service both truck and mortgage payments. Nor is $600 in credit card debt significant in the big scheme. I would probably put any spare cash towards a down payment. It reduces your interest rate (possibly), some expenses with regard to your mortgage, and your risk if you have to sell and your house value has dropped.  You might like to look at the government of Canada website \"\"Rent or buy\"\". It's down right now so I can't give you a link. I'll edit it in when it's back up. EDIT:Turns out it's offline for 'updating'. Here's the link.\""}
{"_id": "84937", "title": "", "text": "The stock will slowly gain that $1 during the year. Suppose we have the highly theoretical situation that a company's stock is worth exactly $10 right after it paid its dividend, its dividend is always $1 per stock, and the company and everything else is so stable that its value never changes. Then the stock value right before the next dividend is paid will be close to $11 -- after all, it's worth a certain $1 dividend the next day, plus the $10 stock. And in between, half a year after the dividend was paid, it will be in between, say $10.50, or actually slightly less than that (because people like to buy in late so they can make money some other way with the money first). But the point holds -- the price decrease on the day that dividend is paid had been building up the whole period before that decrease. So stock dividends do make you money."}
{"_id": "84951", "title": "", "text": "This isn't the movies. Killing someone's family to pressure them into DOING something for you is one thing, but that tactic doesn't work when you're trying to get someone to give you something they don't have. Let's say they kill his daughter or brother or parents, what then? How is he going to magically raise $3M? Go to a bank? Ask a friend? Tell the police? (btw, I find it interesting that his partner in that company was a police chief). It's not like he had the money but was just hiding it either. He simply had no way of paying, and they knew it, they probably worked with him for a while to get paid back and he couldn't get it done (maybe even tried gambling as the last option). Some other loan shark sure as hell isn't going to give you a loan to cover the loan you already can't pay back. They basically got fed up and decided to punish him by taking his life.  Keep in mind him being killed bc of debt is purely my suspicion. It could've just been some random murder, Phili isn't the safest of places."}
{"_id": "84963", "title": "", "text": "\"Your corporation would file a corporate income tax return on an annual basis. One single month of no revenue doesn't mean much in that annual scheme of things. Total annual revenue and total annual expenses are what impact the results. In other words, yes, your corporation can book revenues in (say) 11 of 12 months of the year but still incur expenses in all months. Many seasonal businesses operate this way and it is perfectly normal. You could even just have, say, one super-awesome month and spend money the rest of the year. Heck, you could even have zero revenue but still incur expenses\u2014startups often work like that at first. (You'd need investment funding, personal credit, a loan, or retained earnings from earlier profitable periods to do that, of course.) As long as your corporation has a reasonable expectation of a profit and the expenses your corporation incurs are valid business expenses, then yes, you ought to be able to deduct those expenses from your revenue when figuring taxes owed, regardless of whether the expenses were incurred at the same approximate time as revenue was booked\u2014as long as the expense wasn't the acquisition of a depreciable asset. Some things your company would buy\u2014such as the computer in your example\u2014would not be fully deductible in the year the expense is incurred. Depreciable property expenses are deducted over time according to a schedule for the kind of property. The amount of depreciation expense you can claim for such property each year is known as Capital Cost Allowance. A qualified professional accountant can help you understand this. One last thing: You wrote \"\"write off\"\". That is not the same as \"\"deduct\"\". However, you are forgiven, because many people say \"\"write off\"\" when they actually mean \"\"deduct\"\" (for tax purposes). \"\"Write off\"\", rather, is a different accounting term, meaning where you mark down the value of an asset (e.g. a bad loan that will never be repaid) to zero; in effect, you are recognizing it is now a worthless asset. There can be a tax benefit to a write-off, but what you are asking about are clearly expense deductions and not write-offs. They are not the same thing, and the next time you hear somebody using \"\"write off\"\" when they mean \"\"deduction\"\", please correct them.\""}
{"_id": "84967", "title": "", "text": "My employer matches 6% of my salary, dollar for dollar. So you have a great benefit. The self-directed side has no fees but $10 trades. No option trading. Yours basically allows you to invest your own funds, but not the match. It's a restriction, agreed, but a good plan."}
{"_id": "84996", "title": "", "text": "You must pay your taxes at the quarterly intervals. For most people the withholding done by their employer satisfies this requirement. However, if your income does not have any withholding (or sufficient), then you must file quarterly estimated tax payments.  Note that if you have a second job that does withhold, then you can adjust your W4 to request further withholding there and possibly reduce the need for estimated payments.  Estimated tax payments also come into play with large investment earnings. The amount that you need to prepay the IRS is impacted by the safe harbor rule, which I am sure others will provide the exact details on."}
{"_id": "85003", "title": "", "text": "\"I'd lean toward using the $3,000 from the emergency fund although depending on your monthly bills, a $2,000 emergency fund (or even a $5,000 one) may be a bit small. But here are a couple of other options for you: Zero-interest balance transfers: If you have cards and have a zero balance on them, your credit card companies are keen to see you put a balance on them. Find out if they're offering any \"\"12 months no interest on balance transfers\"\" offers (or if any of their rivals is), since of course the car loan is an outstanding balance you can transfer (you're not asking them for cash). Put the $3,000 on that zero-balance transfer option, get rid of the car, and pay the $300/mo to pay down the balance on the card. 10 months later, two months before the end of the free period, you're at zero again\u00a0\u2014 without dipping into your emergency fund. You'll also now have a history with that card company of paying back, which may lead them to attempt to entice you to go into more debt (which you'll resist, of course) by increasing the limit. (If you don't want a higher limit, just tell them to reduce it again.) A $3,000 unsecured loan with no pre-payment penalty provided the math works out. The interest may be expensive (unless you find something with a teaser rate for the first X months), but if you find an option, do the math on it to see if it's actually more expensive than carrying the car payments, insurance, etc. on a depreciating asset. It may not be as expensive as the 20% rate or whatever makes it sound (but again, do the math), and if you apply your $300/mo to it, within (say) 11 months you're clear again\u00a0\u2014 with a nice little paid-back loan on your credit report. Both of these ensure that you still have your emergency fund at your disposal, and both capitalize on the fact that right now, you're probably a good credit risk. If you dip into your emergency fund, and an emergency happens (like loss of a job) and you find yourself short of funds, you may have trouble securing further credit at that point to cover the gap in your emergency fund.\""}
{"_id": "85014", "title": "", "text": "I am a very light TurboTax user and have expensed a laptop in the past (since it was used exclusively for work) and used the itemized deduction there and has no issues.  Just not sure if there was a limit or anything of note to realize ahead of time.  Thanks!"}
{"_id": "85028", "title": "", "text": "\"I work for a large hospital that has this issue. We recently just installed Cell Repeaters inside the hospital for all carriers. Technically you could argue that large business should do the same for safety. So they cant hide behind the whole \"\"my building is built weird\"\" thing.\""}
{"_id": "85052", "title": "", "text": "They are much too easily distracted. They have no focus compared to the deadly chugging beast of a train that is Amazon. They might be prettier or fancier than Amazon, but they don't put nearly as much care into their long term business plans."}
{"_id": "85074", "title": "", "text": "\"Yodlee and Mint are good solutions if you don't mind your personal financial information being stored \"\"in the cloud\"\". I do, so I use Quicken. Quicken stores whatever you give to it for as long as you want: so the only question is how to get the credit card transactions you want into it? All my financial institutions allow me to view my credit card statements for a year back, and download them in a form Quicken can read. So you can have a record of your transactions from a year ago right now, and in a year you will have two year's worth.\""}
{"_id": "85106", "title": "", "text": "Thanks for the info.  I am quite familiar with FAs and I definitely do not want to go that route.  I highly doubt I can get an equity research role considering my lack of real experience.  I was just trying to get an entry-level position and given my resume, I'm having a tough time doing even that :\\  It's really unfortunate, I wish I articulate my experience to a hiring manager BEFORE they looked at my resume!"}
{"_id": "85110", "title": "", "text": "Christ, again with the fucking election. I don't believe I have mentioned who I voted for.   READ ALL OF MY POSTS LAYING OUT STUPID SHIT HE IS DOING. THEY ARE ALL IN THIS THREAD. YOU HAVE CONVENIENTLY IGNORED ALL THE THINGS I HAVE MENTIONED.   You really are just a huge fucking waste of space. Kill yourself, idiot."}
{"_id": "85117", "title": "", "text": "Something really does seem seedy that if I invest $2500, that I'll make above 50k if the stock doubles. Is it really that easy? You only buy or sell on margin. Think of when the stock moves in the opposite direction. You will loose 50k. You probably didn't look into that. Investment will vanish and then you will have debt to repay. Holding for long term in CFD accounts are charged per day. Charges depends on different service providers. CFD isn't and should not be used for long term. It is primarily for trading in the short term, maybe a week at the maximum. Have a look at the wikipedia entry and educate yourself."}
{"_id": "85120", "title": "", "text": "\"First off, IANAL.  Secondly, most laws are different for humans and corporations.  But, insider trading is \"\"trading on knowledge that isn't publicly available.\"\" If the trade was made after the order was made public knowledge, that would probably provide the fig leaf of legality.\""}
{"_id": "85125", "title": "", "text": "\"I feel like a lot of posts here are limited to US economics or go into detail only about US economics.   I'd like to see more posts about the economy from different countries; not just \"\"this is what US has been doing, and this is how it's going to affect so and so.\"\"\""}
{"_id": "85137", "title": "", "text": "\"It wasn't a small hole in your suggestion.  You were proposing a major law which already exists.   The only anti-intellecutalism that went on here was on your part.  You could have simple said \"\"yeah, you are right.  my bad.  So what do you think of ideas X,Y, and Z\"\" and then we could have had a discussion about it.  Instead you have some sort of character flaw where getting you to acknowledge the underpinning of your argument is flawed is like pulling teeth.\""}
{"_id": "85143", "title": "", "text": "\"Not me, but this story was related to me.  Female manager having issues with developer.  Calls a meeting.  Shortly into the meeting developer says \"\"I can't do it this way.\"\"  She thinks for a minute and it dawns on her...\"\"You mean talking?\"\"  Developer: \"\"Yes.  Send me an email.\"\" and developer gets up and leaves.\""}
{"_id": "85144", "title": "", "text": "I would go to the bank and just express the concern that the check sent to you might not fully clear. You don't want to spend it until you're sure it cleared. I'd ask for a manager to tell you when it will clear, then confirm after that date that it's cleared, with the same guy.  Perhaps someone in the industry can explain how long the bank has before deciding the check is bad. 10 days? 2 weeks? Really, it should either clear or bounce by the second night.  I'd not risk doing this for anyone. Anyone I know personally can cash their own check, and I'd not get involved with anyone I don't know on a financial matter like this. EDIT - See Littleadv comment below. Good checks clear fast, a forged check has time for the victim to go to the bank and challenge the signature and cashing of the check. The victim can have 60 days to do this. That's the issue, I am wrong, the bank manager couldn't confirm the check was good so soon."}
{"_id": "85177", "title": "", "text": "\"You have a very short memory and don't realize that Amazon is not different from any past retailers.  Do you remember that once there were mom-and-pops stores for each and any kind of goods?   Department stores came and killed most of those stores.  Supermarkets came (after the shopping cart was invented by Mr. Goldman) and killed most groceries.  Wal-Mart, Target, Kmart, etc came and killed many department stores and remaining stores in more remote areas.  Sears catalog and JCPenney catalog killed even more remote stores than Wal-Mart did.  CVS, Walgreen, Rite Aid, etc came and killed all the pharmacies. No more pharmacies.  Chains that sell electronics (e.g. Circuit City) killed all the \"\"electric\"\" stores, fashion chains (e.g. GAP) killed all the boutique clothing stores, etc.  Franchises killed almost all independent restaurants (McDonald, Cracker Barrel, etc)   Costco and Price Club came and killed many supermarkets.  Do you get it now?  Amazon is just one step in the cycle.  10 years from now, 3D printers will kill most furniture stores and home goods stores. Amazon will have to fight against \"\"We print what you need when you need it\"\" versus their old module \"\"we ship ready made items we stock in warehouses and put in boxes\"\".\""}
{"_id": "85183", "title": "", "text": "Silly poppets, still don't know how the US economy works.  1. US $1 Trillion: from mining operation in Afghan President Ghani's ass 2. US $1.5 Trillion: from assets captured during war with Canada 3. US $2 Trillion: from Profits made from Feds Successful Sale of Aaa Toxic assets to the American people 4. US $0.5 Trillion: selling Dud F-35s to Nato partners 5. US $ Small change and then some:  from Tips given during Presidential Lap dances for AIPAC and Knesset members on their semi stiff members   This bill has been designated  #FNIC  Final nail in coffin"}
{"_id": "85184", "title": "", "text": "\u0110\u1ed1i v\u1edbi c\u00e1c Nh\u00e0 \u0111\u00e2u t\u01b0 V\u1ed1n l\u1edbn v\u00e0 c\u00f3 y\u00eau c\u1ea7u \u0111a d\u1ea1ng v\u1ec1 l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng x\u1ee9ng v\u1edbi r\u1ee7i ro, jimmy cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 \u1ee6y th\u00e1c \u0111\u1ea7u t\u01b0 nh\u01b0 sau: 1- L\u1ee3i nhu\u1eadn 3.5%/th\u00e1ng. R\u1ee7i ro: \u0111\u01a1n v\u1ecb \u0111\u1ea3m tr\u00e1ch ch\u1ecbu ho\u00e0n to\u00e0n. Ph\u00ed 5%/l\u1ee3i nhu\u1eadn. 2- L\u1ee3i nhu\u1eadn v\u00e0 r\u1ee7i ro \u0111\u01b0\u1ee3c chia \u0111\u1ec1u cho c\u1ea3 2 b\u00ean. Ph\u00ed 5%/l\u1ee3i nhu\u1eadn. 3- L\u1ee3i nhu\u1eadn 10%/th\u00e1ng. R\u1ee7i ro: 10%/th\u00e1ng. Ph\u00ed 5%/l\u1ee3i nhu\u1eadn. 4- L\u1ee3i nhu\u1eadn 30%/th\u00e1ng. R\u1ee7i ro: 10%/th\u00e1ng. Ph\u00ed 30%/l\u1ee3i nhu\u1eadn. 5- L\u1ee3i nhu\u1eadn 50%/th\u00e1ng. R\u1ee7i ro: 10%/th\u00e1ng. Ph\u00ed 50%/l\u1ee3i nhu\u1eadn. 6- L\u1ee3i nhu\u1eadn 30%/tu\u1ea7n. R\u1ee7i ro: 25%/tu\u1ea7n. Ph\u00ed 10%/l\u1ee3i nhu\u1eadn. 7- L\u1ee3i nhu\u1eadn 50%/tu\u1ea7n. R\u1ee7i ro: 25%/tu\u1ea7n. Ph\u00ed 30%/l\u1ee3i nhu\u1eadn. 8- L\u1ee3i nhu\u1eadn 100%/tu\u1ea7n. R\u1ee7i ro: 25%/tu\u1ea7n. Ph\u00ed 50%/l\u1ee3i nhu\u1eadn."}
{"_id": "85214", "title": "", "text": "I'm the contrarian in the crowd. I think credit scores and debt are the closest thing to evil incarnate. You're in good company. The absence of a credit score simply means the agencies have insufficient data in their behavioral model to determine how profitable your business would be to the bank. The higher your score, the more likely the bank is to make a profit from your loan.  IMHO, you're better off building up cash and investment reserves than a credit history. With sufficient reserves,  you will be able to shop around for a bank that will give you a good rate, if you ever do need a loan.  You'll be surprised at how quickly you get in a position where you don't need a loan if you save and invest wisely. I used to have a (high) credit score,  and I was miserable about it because there were always bills due. I gave up debt 14 years ago, paid the last debt 7 years ago, and have never. been happier. Raising kids without debt (or credit score) is much more fun than with debt."}
{"_id": "85222", "title": "", "text": "The best investment is always in yourself and increasing your usable skills. If you invest the money in expanding your skills, it won't matter what the economy does, you will always be useful."}
{"_id": "85229", "title": "", "text": "Insurance - get estimate from an insurance agent who works with policies for commercial real estate.  See comments below regarding incorporation. Taxes - if this was basic income for a simple LLC, estimating 25-40% and adjusting over time might work.  Rental property is a whole different prospect.  Financial experts who specialize in rental properties would be a good source of advice, and worth the cost.  See below regarding incorporating. Real estate appreciation - not something you can count on for developed property.  Appreciation used to be almost guaranteed to at least keep up with inflation.  Now property values are not even guaranteed to go up.  Never have been but the general rule was improved real estate in good repair appreciated in price.  Even if property values increase over time, rental properties depreciate.  In fact, for rental properties, you can claim a certain rate of depreciation over time as an expense on taxes.  This depreciation could mean selling for less than you paid for the property after a number of years, and owing capital gains taxes, since you would owe the difference between the depreciated value and the sale price. Related to taxes are local codes.  Some areas require you to have a property management license to handle buildings with more than a certain number of units. If you are going to own rental properties, you should protect your private financial life by incorporating.  Form a company.  The company will own the property and hire any maintenance people or property managers or security staff or any similar employment activities.  The company takes out the insurance and pays taxes.  The company can pay you a salary.  So, bottom line, you can have the company pay all the expenses and take all the risks.  Then, assuming there's any money left after expenses, the company can pay you a manager's salary.  That way if the worst happens and a tenant breaks their hip in the shower and sues you for ONE MILLION DOLLARS and wins, the company folds and you walk away.  You might even consider two companies.  One to own the property and lease it to a property management company.  The property management company can then go bankrupt in case of some sort of liability issue, in which case you still keep the property, form a new management company, repaint and rename the property and move on. TL;DR:  Get insurance advice from insurance agent before you buy.  Same for taxes from an accountant.  Get trained as a property manager if your local codes require it (might be a good idea anyway).  Incorporate and have the company take all the risks."}
{"_id": "85230", "title": "", "text": "I'm pretty sure it's easy to tell in hindsight if they were leaving.  Just look at the companies who started outsourcing.  Not just to Mexico but the world over.    It was roughly a 30% tariff that was a barrier.  If I made 100K a year off of my manufacturing business, that isn't so bad.  But then I notice that the average Mexican in manufacturing today makes slightly over $2 an hour on average.  I can pay one American $8 an hour, or I can pay 4 Mexicans $8 an hour combined.  Assuming I have the capital (tools) I can go south, quadruple my production, cut my labor cost, and still come out ahead with this tariff.  If 1 person makes 10 widgets (sold for $10 each) an hour, I can settle for either 10 widgets with one American for $8 or I can have 40 widgets with 4 Mexicans for $8.  By my math, 1 hour of American widgets makes me $100 (minus 8% for the American wage).  1 hour of Mexican widgets makes me $280 (minus 2.9% for Mexicans wage) after tariffs.    A 30% tariff is nothing.  Anyone that thinks that was standing in the way of anyone leaving is foolish.  It is true that it may make people second guess, up until the point they look at how much more profit they will return.  And of course it makes it easier for them when there is no tariff, but it is also true you are ultimately better off as a consumer when there are no tariffs."}
{"_id": "85250", "title": "", "text": "I feel sports gambling is just as efficient as the stock market. The only difference is variance really. The patriots could be favored by 7 and win by 24. Or they could lose by 3. Anything could happen in sports. I feel a better niche is in competitive video game gambling. Like tennis, skill is a much larger factor in most esports. The favored team will win more often than in American football. Also with the relatively small amount of bettors and those who bet having limited knowledge of the esport, there can be much more advantageous odds for betting. Imo."}
{"_id": "85252", "title": "", "text": "\"In this answer, I won't elaborate on the possibilities of fraud (or pure human error), because something can always go wrong. I will, however, explain why I think you should always keep receipts. When the (monthly or so) time comes to pay your credit card bill, your credit card company sends you a list of transactions. That list has two primary purposes, both of which I would consider equally important: While for the former item, a receipt is not necessary (though it certainly does not hurt showing the receipt along with the bill to provide further proof that the payment was indeed connected to that bill), the latter point does require you to store the receipts so you can check, item-by-item, whether each of the sums is correct (and matched with a receipt at all). So, unless you can actually memorize all the credit card transactions you did throughout the past one or two months, the receipts are the most convenient way of keeping that information until the bill arrives. Yes, your credit card company probably has some safeguards in place to reveal fraud, which might kick in in time (the criteria are mostly heuristical, it seems, with credit cards or legitimate transactions here getting blocked every now and then simply because some travelling of the actual owner was misinterpreted as theft). However, it is your money, it is your responsibility to discover any issues with the bill, just as you would check the monthly transaction list from your bank account line by line. Ultimately, that is why you sign the vendor copy of the receipt when buying something offline; if you discover an issue in your list of transactions, you have to notify your credit card company that you dispute one of the charges, and then the charging vendor has to show that they have your signature for the respective transaction. So, to summarize: Do keep your receipts, use them to check the list of transactions before paying your credit card bill. EDIT: The receipt often cannot be replaced with the bill from the vendor. The bill is useful for seeing how the sum charged by the respective vendor was created, but in turn, such bills often do not contain any payment information, or (when payment was concluded before the bill was printed, as sometimes happens in pre-paid scenarios such as hotel booking) nondescript remarks such as \"\"- PAYMENT RECEIVED -\"\", without any further indication of which one of your credit cards, debit cards, bank accounts, stored value cards, or cash was used.\""}
{"_id": "85265", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-27/bezos-surpasses-gates-as-world-s-richest-ahead-of-amazon-results) reduced by 72%. (I'm a bot) ***** &gt; 92 at 10:10 a.m. in New York, giving Bezos a net worth of $90.9 billion, versus $90.7 billion for Gates.  &gt; Amazon leads the cloud-computing industry, but faces increasing competition from Microsoft and Google parent Alphabet Inc. Amazon is expected to post quarterly revenue of $37.2 billion, a 22 percent jump from a year earlier, according to the average estimate of 34 analysts surveyed by Bloomberg, and earnings per share of $1.42.  &gt; Bezos owns about 17 percent of Seattle-based Amazon, which has surged 40 percent this year through Wednesday, helping to add $24.5 billion to his net worth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pxpl4/jeff_bezos_surpasses_bill_gates_as_worlds_richest/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177112 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Amazon**^#1 **billion**^#2 **percent**^#3 **retail**^#4 **Inc.**^#5\""}
{"_id": "85276", "title": "", "text": "Taking as given that your definition of VA involves selling at intermediate times, your question can be made more general.  After all, value averaging is just one special case of a portfolio that rebalances to target weights periodically. Do back-end fees (and front-end fees) harm the value of portfolios that require rebalancing?  The answer is yes, they do.  Those fees are put in place in order to prevent investors from redeeming shares over any but the longest horizons.  Any portfolio that rebalances periodically will involve some periodic selling.  If you invest in a fund with front-end or back-end fees, it is optimal to leave your money in it for as long as possible and not do any rebalancing. If you want to run a portfolio that is at all active (involves rebalancing), then it is probably wise to use no-load funds. These are often some of the best and cheapest funds anyway, but even if front or back end load funds have a lower expense ratio, you will likely lose money on those loads as you rebalance."}
{"_id": "85286", "title": "", "text": "Also keep note - some companies have a combined CEO/Chairman of the board role. While he/she would not be allowed to negotiate contracts or stock plans, some corporate governance analysts advocate for the separation of the roles to remove any opportunity for the CEO to unduly influence the board.  This could be the case for dysfunctional boards. However, the alternate camps will say that the combined role has no negative effect on shareholder returns.   SEC regulations require companies to disclose negotiations between the board and CEO (as well as other named executives) for contracts, employee stock plans, and related information. Sometimes reading the proxy statement to find out, for example, how many times the board meets a year, how many other boards a director serves on, and if the CEO sits on any other board (usually discouraged to serve on more than 2) will provide some insight into a well-run (or not well-run) board."}
{"_id": "85319", "title": "", "text": "\"There are some index funds out there like this - generally they are called \"\"equal weight\"\" funds.  For example, the Rydex S&P Equal-Weight ETF.  Rydex also has several other equal weight sector funds\""}
{"_id": "85324", "title": "", "text": "Another tip I'd add, know what happened recently in sports before your interview. It may sound random but a lot of finance people are big into sports. I can't tell you the number of times bringing up sports has made a connection with someone I am either interviewing or interviewing with."}
{"_id": "85349", "title": "", "text": "There are a number of ways trading stocks is easier than commodities: But the main and most important reason is that over long periods stocks in general will tend to outperform inflation as you are investing money in enterprises that generally try to become more productive over time.  Whereas commodities in the long term tend to rise only at the pace of inflation (this is kind of the definition of inflation actually).  So even uninformed investors that pick stocks at random will generally do better than someone doing the same in commodities even before the higher commodities trading fees are taken into account. Also your orange example may be harder than you think.  Once the news that a drought is an issue the price of oranges will almost immediately change well before the oranges come to market!  So unless you can predict the drought before anyone else can you won't be able to make money this way."}
{"_id": "85353", "title": "", "text": "\"I will add one thought on to this thread.  This is a financial concept called \"\"Net Present Value\"\".  In plain English, it means \"\"What's the best use for your money right now?\"\" So, let's say you have an extra \u20ac300/month which is not being spent on living expenses. If you leave that money under your pillow (or spend it on beer or fancy electronics!) instead of paying off your startersloan early, that is costing you 300*(0.04/12) per month, every month.  So \u20ac1/month, or \u20ac12/year.  This is cumulative for the life of your loan.  So not paying \u20ac300 this month will ultimately cost you \u20ac120 assuming you keep the loan open for 10 years.  If you're saying \"\"pay my debts or spend the money on a snappy smartphone?\"\" the answer is that you should pay your debts. Now, here's the important part.  Let's suppose you have a better use for the money than beer or electronics.  Let's suppose you have a mutual fund which will reliably provide you with a return of 10% a year. If you put that \u20ac300/month into a high-yield fund, and if the returns are consistent, you are STILL paying that \u20ac12/year (because you invested elsewhere and didn't pay your debts), but you are realizing profits of 300*(0.1/12)=\u20ac2.5/month on the invested money.  \u20ac2.5-1=\u20ac1.5/month, which is a net gain.  So, in some cases, paying off your debt may not be the best use of your money. There are a number of other questions involved which are related to your exposure to capital gains taxes, incentives or disincentives for holding debt, &c. &c.  These are generally country specific.  A poster above who seems to be familiar with Netherlands law did a good explanation of some of those incentives.  I'm in the US, and our incentive and disincentive system is different. TL;DR:  It depends.\""}
{"_id": "85368", "title": "", "text": "I'm assuming you're in Germany or Europe based on your question, but here's an American's perspective that should pertain you you as well: Once you have a steady income and an emergency fund large enough to keep you from going bankrupt, then start learning about retirement and investment options."}
{"_id": "85373", "title": "", "text": "If you plan to keep this asset for ten years then you can take the deprecation of its cost over that time period. For simplicity lets treat that as 120 monthly payments. So at a purchase price of $60,000 you are committing around $500 per month not including vehicle maintenance. I typically allocate around 20 percent of the purchase price of my vehicles for future maintenance costs. Since you have the cash to purchase this outright you have an option not afforded to most people. This adds for additional consideration. Here is an example.  You purchase a $60,000 car and put $10,000 down. You finance $50,000 at 2.84% over 60 months. Your total finance cost is $53,693 if you do not miss any payments. The question here is can you make more than $3,693 on the $50,000 that you would retain in this situation over a five year period? I know that I most certainly can and is an excellent example of why I finance my vehicles. Obviously this all goes out the window if you do not have the credit for top rates.  I have also negotiated a vehicle maintenance plan with the dealership at the time of my vehicle purchases. Most dealerships offer this service, the key here is negotiating. On my last truck I was able to get an all inclusive maintenance policy for 72 months for 8% of the purchase price. Your mileage will vary with manufacturer and dealership. As described in the comments above it is never beneficial for an individual to lease. You end up paying more for the newer models. I consider that to be a lifestyle choice as it is most certainly not a sound financial decision."}
{"_id": "85377", "title": "", "text": "\"##Cato Institute The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded as the Charles Koch Foundation in 1974 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of the conglomerate Koch Industries. In July 1976, the name was changed to the Cato Institute. Cato was established to have a focus on public advocacy, media exposure and societal influence. According to the 2014 Global Go To Think Tank Index Report (Think Tanks and Civil Societies Program, University of Pennsylvania), Cato is number 16 in the \"\"Top Think Tanks Worldwide\"\" and number 8 in the \"\"Top Think Tanks in the United States\"\". Cato also topped the 2014 list of the budget-adjusted ranking of international development think tanks.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.2\""}
{"_id": "85382", "title": "", "text": "\"Realize that some friends are a bad influence, and maybe aren't really \"\"friends\"\". Don't be afraid to say \"\"sorry, I can't make it tonight\"\".  Don't be afraid to go out shopping and not buy anything.  Make sure they know why (Too much Credit Card Debit, saving for a house, etc).  If your habits suddenly change with no explanation, they may think you are dissing them.  But if you explain your reasons, they will probably support you (if they are real friends).  In fact, they probably have the same money issues.   Suggest lower-cost alternatives to hanging out.  Instead of going out, suggest they come over to your place and watch a movie, play board games, Wii, etc.  You can have snacks at your place.  Alcohol is a lot cheaper when you pour it yourself!\""}
{"_id": "85395", "title": "", "text": "I can't even bring myself to list how MANY times your statement has been disproved by actual scientists. Regardless of amount it is still very dangerous, specially if you are subjected to it multiple times a year. It just adds to the already high levels from flying.  Also, isn't limited but not as common as you are lead to believe."}
{"_id": "85427", "title": "", "text": "\"It costs money for a mutual fund to accept your money. It doesn't cost as much as it used to, but historically there has been, at a minimum, a modicum of record-keeping associated with it. As such, they will typically have a minimum amount of money they want you to add at a time. They don't want to process 100 transfers of a nickel each; that would be silly. So if you have a mutual fund with a \"\"minimum initial investment\"\" of $10,000 and a \"\"minimum subsequent investment\"\" of $100, then that means that you can put in $10k to open it, and then deposit dollars in lots of 100 or more whenever you feel like it.\""}
{"_id": "85433", "title": "", "text": "I don't think Xero Personal does. I have my bank account in there, but since there's no automatic feed for the bank I use I imported it manually. I entered the bank by hand, so I think you could use it without listing a bank account at all."}
{"_id": "85441", "title": "", "text": "Make sure your spouse qualifies as a first-time homebuyer as well, if   you are married and buying the property together. Each of you may take   $10,000 from your traditional IRAs. Source: Link in your question - http://www.wikihow.com/Buy-a-Home-With-IRA-Money"}
{"_id": "85447", "title": "", "text": "One of the best things you can do for this purpose, while getting a modest ROI on a passive investment, is invest in a company that profitably does whatever you want to see more of. For example, you could invest in a for-profit company that sells needed goods to low-income people at lower prices.  Something like Wal-Mart, which is one of the most effective anti-poverty engines in the US.  You might also say the same of something like Aldi (owner of Aldi stores and Trader Joe's), which is a discount store chain.  This is true even though a company like Wal-Mart is seeking to make money first.  Its customer base tends to skew heavily towards low-income consumers, and historically to rural and elderly consumers.  When Wal-Mart is able to provide food, clothing, appliances and the like to poor people at a lower cost, it is making it marginally less painful to have a low income. Peter Suderman can explain why Wal-Mart is a humanitarian enterprise: Walmart\u2019s customer base is heavily concentrated in the bottom income quintile, which spends heavily on food. The bottom income quintile spends about 25 percent of income on food compared to just 3.5 percent for the top quintile. So the benefits of Walmart\u2019s substantially lower prices to the lowest earning cohort are huge, especially on food. As Suderman points out, this view of Wal-Mart dramatically lowering prices that low-income people pay for food was corroborated by an Obama adviser. That's just one company.  You can pick the industry and company that best suits your personal preferences. Alternatively, you could invest in something like Whole Foods, a company with multiple missions to improve the planet and the community, in addition to the more typical mission of being a prosperous retail chain. Of course, as a general proposition, a less than entirely altruistic, charity-inclined investment doesn't need to be targeted at those with low incomes or at saving the planet.  You could invest in almost anything you think is good (yachts, yo-yos, violins, energy production, industrial inputs, music performances) and the company will take care of making more of that good thing.  You didn't say whether your goal was to help the poor, the planet, arts, sciences, knowledge, community, or whatever. What I understand you to be saying is you are willing to accept a lower ROI in exchange for some warm-fuzzies from your investment.  That seems perfectly valid and reasonable to me, but it makes it much more subjective and particular to your tastes.  So you'll need to pick something that's meaningful to you.  If you're going to trade ROI for positive feelings, then you should pick whatever gives you your optimal blend of emotions and returns. Alternatively, you could invest in something stable and predictable to beat inflation (some sort of index or fund) and then annually use some portion of those profits to simply give to the charity of your choice.  Your investment and your charity do not necessarily need to be the same vehicle."}
{"_id": "85462", "title": "", "text": "Yes, nepotism is rampant everywhere, but these examples are not comparable to the likes of Samsung. Samsung is a large portion of Korean GDP. East Asian corporations do nepotism in a way that Trump could only dream. This has a lot to do with modern Confucianism."}
{"_id": "85463", "title": "", "text": "\"So you are saying the game is rigged.  You said that the average raise has to be 4% and that is pre-decided.  So that means the game is rigged.  Also you discussed good and bad managers.  Well over 90% of managers I have had were horrible.   The good ones were great but they were few and far between.  Also you mentioned about how money is not everything.  The reason money is not everything is because the employees know they are not gonna get any more money.  So that is why they settle for \"\"casual friday\"\" and other bullshit perks.\""}
{"_id": "85466", "title": "", "text": "\"Personally, I use my credit cards for everything because I get reward points (or, cash back, depending on the card), and I build credit history. I've had credit cards since I was 18 (now 22), and my credit score is in the higher end 700s which I'm told is pretty good for my age. Additionally, since I put my rent and large purchases on my credit card, I have a lot of reward points. I use these to buy things I wouldn't normally buy to try them out and see if they bring any value into my life. If not, I didn't really lose anything, but I have found value in some of those things. I realize most of this is gamification and consumerism at play, but getting that extra little thing once in a while for \"\"free\"\" which is pretty nice.\""}
{"_id": "85478", "title": "", "text": "\"You didn't have a situation of \"\"excess contribution\"\". If you have proof that someone in Fidelity actually told you what you said, you might try to recover some of your losses through a lawsuit. However, their first (and main) defense would be that they're not in the business of providing tax advice, and it is your problem that you asked random person a tax question, and then acted on an incorrect answer. By the way, that only goes to say that anything you might read here you should, as well, take with a grain of salt. The only one who can give you a tax advice is a licensed tax professional. I explained it in details in my blog post, but in short - it is either an EA (Enrolled Agent, with the IRS credentials), or a CPA (Certified Public Accountant) or Attorney licensed in your State. Back to your question - \"\"Excess Contribution\"\" to a IRA is when you contribute in excess to the limits imposed. For Traditional IRA in 2012 the limit was $5000. You contributed $4000 - this means that you were not in excess. There's nothing they can \"\"correct\"\", the 1099-R you got seems to be correct and in order. What you did have was a case of non-deductible contribution. Non-deductible contribution to your IRA should have been reported to the IRS on form 8606. Non-deductible contribution creates basis in your IRA. Withdrawals from your IRA are prorated to the relation of your basis to your total value, and the taxable amount is determined based on that rate. It is, also, calculated using form 8606. So in short - you should have filed a form 8606 with your 2012 tax return declaring non-deductible IRA and creating $4000 basis, and then form 8606 with your 2013 tax return calculating which portion of the $4000 you withdrew is non-taxable. If your total IRA (in all accounts) was that $4000 - then nothing would be taxable. Talk to a tax adviser, you might need to amend your 2012 return (or send the 2012 form separately, if possible), and then do some math on your 2013 return. If 60 days haven't passed, you might want to consider depositing the $4000 in a Roth IRA and perform what is called \"\"Conversion\"\".\""}
{"_id": "85480", "title": "", "text": "The prices would only rise proportionally if labor was the only cost at play and everyone made minimum wage.  If you look at major expenses such as rent, gas, utilities and food there is literally no reason to conclude their prices would change proportionally to minimum wage."}
{"_id": "85484", "title": "", "text": "\"In the US, stocks are listed on one exchange but can be traded on multiple venues.  You need to confirm exactly what your data is showing: a) trades on the primary-listed exchange; or b) trades made at any venue. Also, the trade condition codes are important.  Only certain trade condition codes contribute towards the day's open/high/low/close and some others only contribute towards the volume data.  The Consolidated Tape Association is very clear on which trades should contribute towards each value - but some vendors have their own interpretation (or just simply an erroneous interpretation of the specifications). It may surprise you to find that the majority of trading volume for many stocks is not on their primary-listed exchange.  For example, on 2 Mar 2015, NASDAQ:AAPL traded a total volume across all venues was 48096663 shares but trading on NASDAQ itself was 12050277 shares. Trades can be cancelled.  Some data vendors do not modify their data to reflect these busted trades.   Some data vendors also \"\"snapshot\"\" their feed at a particular point in time of the data.  Some exchanges can provide data (mainly corrections) 4-5 hours after the closing bell.  By snapshotting the data too early and throwing away any subsequent data is a typical cause of data discrepancies.   Some data vendors also round prices/volumes - but stocks don't just trade to two decimal places. So you may well be comparing two different sets of trades (with their own specific inclusion rules) against the same stock.  You need to confirm with your data sources exactly how they do things. Disclosure: Premium Data is an end-of-day daily data vendor.\""}
{"_id": "85488", "title": "", "text": "\"There should be no affect on your taxes. If you profit on the sale of a home, it does not matter whether you own the home fully or not. Selling a house with a mortgage on it will usually incur fees, \"\"like mortgage processing fees\"\". Paying off the mortgage is preferable because that will make the sale easier. When a bank is involved then they will function in the closing as a 3rd or 4th party, making everything more complicated. Not only that, they will charge you fees, for making them sit through a closing. The bank will require a lawyer. Guess who pays for their lawyer? You do. When you pay off a mortgage, none of this happens. You just pay the mortgage and the bank goes away. There are no lawyers and no fees. This makes it easier to sell the house and gives you full control over the sale.\""}
{"_id": "85504", "title": "", "text": "I live in MA. Median price value here is $410K. Depending on location a $410K house here can be a ranch from 1950 needing a complete overhaul, a 1970's split level, a 4 bedroom Colonial in Central MA or a condo somewhere close to Boston. These homes are decidedly nothing special, and certainly not where the 1% live. There are plenty of houses that list in the $750s in my town that go on and off the market really quickly, generally purchased by a two-earner family making decent (but not 1%er) money. Think engineers, doctors, sales and marketing execs, managers.   Source : https://www.bostonglobe.com/business/2017/07/25/median-home-price-massachusetts-tops-for-first-time/rVsP7BwWZCtKwP9BqZQOKJ/story.html"}
{"_id": "85517", "title": "", "text": "Early on, one might not be able to get credit for their business. For convenience, and the card perks, it makes sense to use the personal card. But for sake of a clean paper trail, I'd choose 1 card and use it exclusively, 100% for the business. Not one card here, one card there."}
{"_id": "85518", "title": "", "text": "I remember walking into Sears with every intention of buying an expensive TV.  I waited for 15 minutes for an employee to notice me and come help.  Nothin'.  I kept catching their eye and giving the eyebrows-raised, hey-can-you-help-me smile.  Nothin'.  I ended up walking out and going to London Drugs, of all places, where the staff was super helpful."}
{"_id": "85522", "title": "", "text": "All Bank fees were included in the service tax ambit [For example Check bounce, issue of duplicate statement, fees charged for remittance etc]. However as quite a few Banks structured the Remittance Business to show less charges and cover the difference in the Fx rate involved, the Govt has redone the service tax and one needs to pay Rs 120 for an amount of Rs 100,000.  There is no way to avoid service tax on remittance if you are using a remittance service."}
{"_id": "85558", "title": "", "text": "Many good sources on YouTube that you can find easily once you know what to look for.  Start following the stock market, present value / future value, annuities &amp; perpetuities, bonds, financial ratios, balance sheets and P&amp;L statements, ROI, ROA, ROE, cash flows, net present value and IRR, forecasting, Monte Carlo simulation (heavy on stats but useful in finance), the list goes on.  If you can find a cheap textbook, it'll help with the concepts.  Investopedia is sometimes useful in learning concepts but not really on application.  Khan Academy is a good YouTube channel.  The Intelligent Investor is a good foundational book for investing.  There are several good case studies on Harvard Business Review to practice with.  I've found that case studies are most helpful in learning how to apply concept and think outside the box.  Discover how you can apply it to aspects of your everyday life.  Finance is a great profession to pursue.  Good luck on your studies!"}
{"_id": "85563", "title": "", "text": "when you have a problem, the first person you call is usually incompetent. They can't solve your problem, and you can tell they are trying to get off the phone just so you are not their problem any more.    obviously not everyone can be an omniscient senior engineer, but please ensure you have an effective escalation process."}
{"_id": "85576", "title": "", "text": "It's not about who would win a conflict. It's about how easy to control they are.  The entire might of the american military can't defeat a third world, sub 85 IQ militia given 15 years. Why do you think it would be easier to defeat a civil insurrection?"}
{"_id": "85580", "title": "", "text": "\"Is english not your first language? I'm not trying to be rude i just want to understand if the difficulty in communicating with you comes from a language barrier or something else.  Finance and accounting knowledge are things people go to university for years for, just to learn the basics to get in the door. What you're asking requires years of experience and earned expertise.  The expectation that you can just post here with some questions and suddenly have enough of a grasp to become a decision maker with respect to these situations is borderline offensive to professionals like myself.  Either you need this knowledge for a practical application, or an academic pursuit. It seems to be the latter given your previous message. There are textbooks dedicated to what you're asking about, if you are really serious about learning then go pick them up and put in the hours necessary just like anyone else. Otherwise stop wasting peoples time on here.  If you have one or two small questions to help clarify something you've been self studying that's fine, but honestly coming on here and asking \"\"how can a company issue bonds and what are bonds is it like a mortgage\"\" is absolutely a waste of time and reeks of laziness on your part.\""}
{"_id": "85584", "title": "", "text": "Not really.  In a metro area that might have the demographics to justify two Hollister stores, six were built.  The kind of growth we saw with these fad retailers in the 2000s is unsustainable and this was bound to happen.  Changing fads is the root of it, with ecommerce not helping anything."}
{"_id": "85589", "title": "", "text": "&gt; IMHO the best model would be to allow students to access resources in isolation then arrange a catch-up class with a facilitator to encourage discussion.   Yes, more or less.  Back to the original topic: in other areas, the use of robots must be restricted, or not allowed, or taxed, or must be always supervised by a human.  Examples:   1. No robot allowed: customer service (talking and handling customer requests and inquiries), medicine (a human doctor must see you), teaching in class.   2. Robot must be supervised: robotic soldiers in the army, robotic repair crews, robotic maintenance crews, robotic construction crews, etc.  3. Robot must be taxed: manufacturing, menial work  4. Restrictions: Robots can cook and serve in restaurants, but cannot handle the management of the restaurant."}
{"_id": "85597", "title": "", "text": "\"&gt; You ever watched a 5 minute snap story?  No....  This is one of those companies following a trend, that isn't really a trend in the first place it is just a bunch of marketing, and then the people who follow that \"\"trend\"\" have no money, and already have cameras in their phone.   The market they are going after literally buys cheap knock off or unbranded \u00a310 glasses, because they have no money.\""}
{"_id": "85613", "title": "", "text": "A limescale inhibitor is a unit which doesn't physically expel Calcuim from the water, yet stops the limescale from making harm funnels, boilers, tanks, showers, clothes washers and make cleaning less demanding. The enormous issue the business has with limescale inhibitors is the measure of fake limescale inhibitors available. We are continually expelling wire wrap around limescale inhibitors and rather introducing our own particular notable units. This will then straightaway give the client the insurance and results that they merit."}
{"_id": "85616", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/06/24/science/medicaid-cutbacks-elderly-nursing-homes.html) reduced by 91%. (I'm a bot) ***** &gt; A combination of longer life spans and spiraling health care costs has left an estimated 64 percent of the Americans in nursing homes dependent on Medicaid.  &gt; While most Medicaid enrollees are children, pregnant women and nonelderly adults, long-term services such as nursing homes account for 42 percent of all Medicaid spending - even though only 6 percent of Medicaid enrollees use them.  &gt; Major Medicaid cuts would compel Dogwood Village to cut staff, supplies and amenities - changes that would affect the quality of care for all residents, not just those on Medicaid.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jeblb/medicaid_cuts_may_force_retirees_out_of_nursing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~152134 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Medicaid**^#1 **home**^#2 **nursing**^#3 **care**^#4 **state**^#5\""}
{"_id": "85621", "title": "", "text": "\"5-8 years is not quite long term.  Until the naughts (the 2001-10 decade), advisors were known to say that the S&P was always positive given a 10 year holding period. Now, we're saying 15 years is always positive looking back.  One can easily pull S&P return data which would let you run numbers showing the range of returns for the 5-8 yr period you have in mind. A bit of extra effort and you can include the dollar cost averaging factor.  This wouldn't produce a guarantee, but a statistical range of expected returns over your time horizon. Then a decision like \"\"with a 1/4 chance of losing 25% of my money, should I stay with this plan?\"\" This is just an example. The numbers for 1900-2014 look like this -  In any 5 year period, an average return of 69.2% (note 1.69 means a 69% gain). Of the 111 5 year periods, 14 were negative with the worst being a 46% loss. I maintain 5 years is not really long term, but the risk is relatively low of being in the red.\""}
{"_id": "85622", "title": "", "text": "\"Assuming you are talking about an LLC in the United States, there are no tax repercussions on the LLC itself, because LLCs use pass-through taxation in the U.S., meaning that the LLC does not pay taxes. Whatever you take out of the LLC in the form of distributions goes onto your personal income tax as ordinary income, and you pay personal income tax on it.  See this link on the subject from the Nolo.com web site: Tax treatment of an LLC from the Nolo.com web site Repayment of your loan by the LLC would just be another business expense for the business itself.  I guess the question would then turn on what your personal tax repercussion would be for payments received from the LLC on the loan.  I would guess (and I emphasize \"\"guess\"\") that you would pay tax on any interest gain from the loan payments, which makes the assumption you made the loan to include interest.  If not (in other words, if you made this an interest-free loan) then it would be considered a wash for tax purposes and you would have no tax liability for yourself. To reiterate, the LLC (if it is a U.S.. entity) does not pay taxes.  Taxation of LLC income is based on whatever distributions the principals take out of it, which is then claimed as taxable personal income. My apologies to littleadv for not making my prior answer (I deleted it) more clear about my answer assuming you were speaking of a U.S.-chartered LLC. I hope this helps. Good luck!\""}
{"_id": "85639", "title": "", "text": "\"Each individual situation merits a fresh approach.  Working in venture capital, I've learned that the weights are always shifting and taking a \"\"one size fits all\"\" approach to business is probably the most foolish thing one can do.\""}
{"_id": "85647", "title": "", "text": "I view it as a \u201czero sum game\u201d from the perspective of the customer. Don\u2019t tell me that my meal is $25 when EVERYONE KNOWS that it\u2019s actually, $25 + $5 tip = $30. Just make the menu price $30 and pay people properly. It\u2019s the exact same cost for a customer. Then, if a tip is left, it is truly a tip for the worker(s) and not the majority of their earnings.   And before anyone chimes in to tell me that servers like to tax-dodge on their unreported earnings... Yeah, so would we all. In the same way that we\u2019d never pay a Doctor, Accountant, Soldier, or Teacher a fraction of their pay and then hope that the people they serve were in a good mood to give them a little something extra, neither should we do this to tipped workers."}
{"_id": "85655", "title": "", "text": "We specialize in the events and wedding parties producing newness photo booths &amp; other equipment for fun purposes using high technology. Our organization has a wedding photographer in USA. A contract should also include a copy of the photographer's terms and conditions and this must be visible to the clients before they sign the contract. The professional companies or as individual freelancers and you can select from any one of these. Some couples tend to look at the cheaper affordable photographers to serve at the lucky occasion."}
{"_id": "85656", "title": "", "text": "\"Is this subreddit anti-MBA? I think this notion written by the author is nothing new. It's been said a hundred times by those in the valley and has been regurgitated by thousands more who are not really sure why they are saying it.   Personally I think when you make such a comment or even support it you need to think about the industry the person wishes to enter. If they are going for something in the tech industry, fine, I'm not going to argue against that because that industry is build on matchsticks that seems to run around ridiculous business models aimed at fast exits.  Did I offend someone in the tech industry with that comment...I hope so.  Now if you're going into other fields that require some serious capital (e.g., medical, energy, telecommunications) then the chances that the person running the company doesn't have some sort of advanced degree is very, very small these days. Notice I said these days.  Chances are that person will have an MBA.    I have met scores of C-suite folks in these startups in the hotspots of this country and find it ridiculously rare for anyone to not have an MBA or equivalent experience leading a company that has acquired investment.  That only exists in the tech industry, and even the founders are generally replaced by more experienced personnel.  This notion of being against advanced degrees is ridiculous and not supported by any data whatsoever. Everyone always hones in on the \"\"success\"\" stories of entrepreneurs who were able to do it, but what folks fail to realize is those stories are a tiny fraction of the entrepreneurs who are able to lead a company through it's development.   Long story short...if an entrepreneur is looking for serious capital in a non-tech related industry they will need to have an MBA (or advanced degree) and/or years of experience in the industry before any investor will take them seriously. If they don't then the investors will request that they do bring on someone who does per the terms of the agreement.\""}
{"_id": "85658", "title": "", "text": "401k choices are awful because: The best remedy I have found is to roll over to an IRA when changing jobs."}
{"_id": "85672", "title": "", "text": "I'm also self employed. Your circumstances may be different, but my accountant told me there was no reason to pay more than 100% of last years' taxes. (Even if this years' earnings are higher.) So I divide last year by 4 and make the quarterlies. As an aside, I accidentally underpaid last year (mis-estimated), and the penalty was much smaller than I expected."}
{"_id": "85681", "title": "", "text": "The 3.7% annual increase is probably a little high. Current averages are about 2.8-3%. This leads to the final numbers being a bit inflated, but it still gets the point across. I know too many people my age that aren't invested, yet have not insignificant savings."}
{"_id": "85690", "title": "", "text": "\"&gt; So the fact that i was born here against my own free will automatically gives the government the right to seize the fruits of my labor?  Yes, in the same way that being born to parents living in a clean house means you are going to make your bed, pick up your clothes, and mow the lawn...   &gt; \"\"well just leave then!\"\"   Well, yes. It is either that, or change the laws.   &gt; Which is fucking stupid and in pretty sure I already gave you 1 way but I'll say it again cuz it's clear you're incapable of following along  For someone who is so sure that they have \"\"*THE* answer\"\" you sure are defensive. It is quite possible that I have had a discussion over the SAME topic over the last 5 days with a *bunch* of people because so many people got butt hurt that I enjoy paying my taxes, and feel it is a patriotic duty because of all the good it does.   &gt; federal sales tax  So federal sales tax is your big secret? I would actually be fine with it, as long as it took into account those that are currently not paying income tax due to poverty or disability.  &gt; That's why you see countries like Sweden with insane tax rates seeing limited growth and in a lot of cases on the verge of an economic collapse.   I have lived in Europe for a number of years. I was in Germany last year, I will be in Spain next week. If you think that strong tax policy makes a country economically weak, then you have not actually lived in any of these countries, have you?   Sweden is currently ranked 11th in the world for [GDP per capita](https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita). Matter of fact, the only country in the top ten of that list that don't have a strong tax policy is Qatar - and that is only because of ridiculous oil money. Would like to see where they sit in two years.   Sweden last year had an [economic growth rate of 4.1%](http://www.imf.org/en/News/Articles/2016/11/14/111716Sweden-Great-Economic-Performance-but-Mind-the-Debt). More than 3 times what the growth rate in the US was, at [1.6% for 2016](http://www.cbsnews.com/news/u-s-economic-growth-slowed-in-2016-to-1-9/). It was ranked [#34 in the world for economic growth](https://en.wikipedia.org/wiki/List_of_countries_by_real_GDP_growth_rate), just under your Bahamas with their no income tax, no estate or wealth tax, but well above the US at 47. The IMF matter of fact said their economy was \"\"in good health and growing robustly\"\"... So, not sure where you are getting your facts from, but may want to think again. I would recommend that you actually go visit a couple of these \"\"tax hellholes\"\" and see for yourself how \"\"crushed\"\" by their taxes these poor victims of government \"\"theft\"\" are...\""}
{"_id": "85697", "title": "", "text": "You don't need a credit score. After I paid off my house mortgage many years ago I had this discussion with my mortgage agent (now bank VP). Your credit score is not a measure your ability to repay. It is a behavioral model and a statistical measure of the likelihood that the banks will make money off of you when they give you a loan, and a marketing tool that the banking industry uses to sell you long term and short term debt (mortgages and credit cards). Statistically speaking, people who close out major loans change their behaviors, and the model captures this change in behavior. In my own case, even though I have a credit history and sufficient cash is the bank to buy my next home outright, I have no credit score . What the model says is that people with my behavioral profile are not likely to take a loan, and if they did take one, they would pay it back so quickly that the bank would not even recoup the cost of initiating the loan. In short, people with my profile are bad news for the loans side of the bank. Thanks @quid for suggesting I capture this and post it as an answer"}
{"_id": "85745", "title": "", "text": "There are two components to any non-trivial financial decision:  Assuming that all things remain equal, borrowing money at a low rate while investing for a higher return is a no-brainer. The problem is, all things do not remain equal. For example: I think that you need to assess your position and preferences. I'd err on the side of being in less debt."}
{"_id": "85749", "title": "", "text": "\"I'd like to see a credible source for \"\"the highest\"\", but it's certainly fairly high. Household debt could be broadly categorized as debt for housing and debt for consumption. Housing prices seem very high compared to equivalent rental income.  This is generating a great deal of debt.  Keynes(?) said that \"\"if something cannot go on forever, it will stop.\"\"  Just when it will stop, and whether it will stop suddenly or gradually is a matter of great interest.  Obviously there are huge vested interests, including the large fraction of the population who already own property and do not wish to see it fall.  Nobody really knows; my guess would be on a very-long-term plateau in nominal prices and decline in real prices. The Australian stock market is unlike the US: since it's a small country, a lot of the big companies are export-driven, either by directly exporting physical goods (miners, agriculture) or by FDI (property trusts, banks).  So a local recession will hurt the stock market, but not across the board.  A decline in the value of the Australian dollar would be very good news for some of these companies. Debt for consumption I think is the smaller fraction.  Arguably it's driven by a wealth effect of Australia having had a reasonably good crisis with low unemployment and increasing international purchasing power.  If this tops out, you'd expect to see reduced earnings for consumer discretionary companies.\""}
{"_id": "85754", "title": "", "text": "I can't see the article. But you can totally sign away your right to sue. Arbitration agreements are used be so many companies to make it harder to sue them and are frequently upheld. Another example is settlement agreements. Now if there's no recourse or remedy there might be a legal problem (again I can't see the full article but I've seen the stuff trending on Reddit). But you can and probably have, at some point in your life unknowingly contracted away your right to sue. Just because you don't like it doesn't mean it's illegal.  Source: took the bar, worked in employment law"}
{"_id": "85772", "title": "", "text": "\"Its both standard knowledge and contentious.  Its from the field of accounting (behavioural micro economics... \"\"I like money\"\" awareness) more than something pure economists  may be aware of per say.  Its only contentious because the media is dominated by liars who advocate for tax cuts not because it genuinely causes positive social economic benefits, but because it is free money to their sponsors.\""}
{"_id": "85778", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.project-syndicate.org/commentary/intellectual-property-21st-century-economy-by-joseph-e--stiglitz-et-al-2017-10) reduced by 94%. (I'm a bot) ***** &gt; The prize impedes the flow of knowledge, reduces the benefits derived from it, and distorts the economy.  &gt; The powerful advanced-economy lobbies that have shaped that regime clearly put the latter first, reflected in their opposition to provisions recognizing intellectual property rights associated with traditional knowledge or biodiversity.  &gt; Second, the &amp;quot;Weightless economy&amp;quot; - the economy of ideas, knowledge, and information - will account for a growing share of output, in developed and developing economies alike.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77uff7/intellectual_property_for_the_twentyfirstcentury/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232587 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **knowledge**^#1 **country**^#2 **economy**^#3 **developed**^#4 **Patent**^#5\""}
{"_id": "85783", "title": "", "text": "The contract is not very clear. As much as I can understand it will still help if you make part prepayments. In an Rule 78 or Actuarial method, the schedule is drawn up front and the break-up of interest and principal for each month is calculated ahead. At the beginning both the reducing balance method as well as Actuarial method will give the same schedule.  However in Actuarial method, if you make part prepayments, they get applied to the future principals, the interest are ignored. However the future interests are not reduced. Example: Say your schedule looks something like this; Monthly Payments say 100; Month | Principal | Interest 1 | 10 | 90 2 | 20 | 80 3 | 30 | 70 4 | 40 | 60 5 | 50 | 50 6 | 60 | 40 7 | 70 | 30 8 | 80 | 20 9 | 90 | 10 So lets say you have made 3 payments of 100, in the 4th month if you make 150 [in addition to 100], it would get applied to the principal of 4th, 5th and 6th month. So essentially you would save interest of 4th, 5th and 5th month. It would also reduce the total payments to 6. i.e. you will only have 7th, 8th, 9th due. The next payment you make of 100 will get applied to row 7. The disadvantage of this method over reducing balance is that the interest calculated for rows 7,8,9 don't change compared to reducing balance. However if you prepay in full, the unearned interest is calculated and returned as per the Actuarial Tables."}
{"_id": "85804", "title": "", "text": "Bitcoin... up 100% in 2016, already 300% Q1,Q2 2017.  Has gone up 100x in the last 5 years, and conservative projections have it going up 50x next 10.  Not only is it not vulnerable to the instability in the world, it feeds on it.  Top investors include Marc Andreessen, Blythe Masters, and David Rutter, and just about every financial institution has at least wet their beak on it if not taken sizable positions."}
{"_id": "85812", "title": "", "text": "You don't need a fictional markup for this to make good sense.  It's quite reasonable that a small software company would have different internal needs than any number of SMB verticals that they service.  The cost of an internal development effort to create a custom one-off version of their own software is probably significantly higher than the cost of just buying an established product that's a good fit."}
{"_id": "85816", "title": "", "text": "All fair points, and I agree that there is no silver bullet. Perhaps it's human nature, maybe a product of our polarized ideologies, whatever, but I think you hit it on the head when you said that people treat their agenda as a perfect solution when, in reality, there is no such thing. Automation will kill jobs, livable wage is variable, not everyone fits a uniform mold, and conversely, not every business operates the same; some are completely profit-driven, others are more conscious of their societal obligations regardless of legal requirement, so shoehorning all businesses into the same obligations seems like a losing battle as well. If the long-term data backs up the finding that higher minimum wages kill jobs at a disproportionate rate when accounting for factors like automation, then the evidence should be heeded. Conversely, I do believe that we will reach a point, possibly even in this lifetime, where so much automation exists, there will be fewer and fewer opportunities to 'get your foot in the door' or things of that nature and a universal basic income will be needed. How that is paid for, what the societal and social implications are, those are questions for another day, but that day is also fast approaching."}
{"_id": "85837", "title": "", "text": "You are asking all the right questions. I predict a bright future! In addition to the excellent advice from Phil, I would add that NOW is the time to think about investing. If you have not yet started a retirement account, open up a Roth IRA and max it out ($5.5k in 2014) every year. The time value of money is strong and you will be thanking yourself in 40 years for starting now. Yes, paying down debt is important, and you should do that, too. It's a balance. If you get converted to a full-time employee, take part in any retirement plan they offer, and max out any matching because it's free money."}
{"_id": "85852", "title": "", "text": "Do whatever you are more comfortable with and enjoy doing. There is room to grow and progress in both areas so you won't be stuck. Analysts still make money but it's usually fixed. Wealth Managers can start as traders or analysts. Most people start as analysts anyway."}
{"_id": "85873", "title": "", "text": "They are already improving. It's going to be a long recovery. Everyone knew that from the beginning.  The stimulus, while making the pain not as great, only protracted the time it will be felt. The Fed is now poised to raise interest rates for the first time in eons because the signs are there that the economy has improved.   It is amazing how many people fall for the same mistakes. Buy when the market is in a frenzy. Sell when it all collapses. I did the opposite this time and made a fortune while everyone else lost their shirts. Not bragging, just trying to impart the voice of reason. History repeats itself and it will do so again."}
{"_id": "85914", "title": "", "text": "Shop around for Gym January is a great time to look because that's when most people join and the gyms are competing for your business.  Also, look beyond the monthly dues.  Many gyms will give free personal training sessions when you sign up - a necessity if you are serious about getting in shape! My gym offered a one time fee for 3 years.  It cost around $600 which comes out to under $17 a month. Not bad for a new modern state of the art gym."}
{"_id": "85926", "title": "", "text": "From the UK-USA tax treaty.... ARTICLE 1 General Scope 1. Except as specifically provided herein, this Convention is applicable only to persons who are residents of one or both of the Contracting States. 2. This Convention shall not restrict in any manner any benefit now or hereafter accorded: a) by the laws of either Contracting State; or b) by any other agreement between the Contracting States... I'm not an expert but to me that sounds like the tax free advantage of an UK ISA would be respected by the IRS From the UK-USA tax treaty.... ARTICLE 7 7. Where under any provision of this Convention income or gains arising in one of the Contracting States are relieved from tax in that Contracting State and, under the law in force in the other Contracting State, a person, in respect of the said income or gains, is subject to tax by reference to the amount thereof which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the relief to be allowed under this Convention in the first-mentioned Contracting State shall apply only to so much of the income or gains as is taxed in the other Contracting State. This is very difficult to comprehend but suggets also that tax free status is upheld in the uSa"}
{"_id": "85932", "title": "", "text": "You can open an HSA account with any financial institution that you like, and roll over the money from your current account into the new one.  Since you are no longer in a High Deductible Health Plan, you can't contribute any new money into an HSA, but you can still spend the money in your HSA on eligible medical expenses, until it is gone.  There are lots of things that you can spend HSA money on, so there is no need to cash out and take on taxes and penalties. Yes, there are HSA accounts that don't charge ongoing maintenance fees.  Check with a local credit union; they usually have no-fee HSA accounts."}
{"_id": "85953", "title": "", "text": "\"Rides on Uber are pre-arranged, if only minutes beforehand using an app. Taxi medallions are explicitly for street hailing (put your arm up in the air). And Uber working with black cars meant they were already licensed livery cars.  The whole \"\"peer to peer ridesharing\"\" was actually pioneered by Lyft. Uber followed quickly with UberX.\""}
{"_id": "85954", "title": "", "text": "FSA is a convenience to allow you to pay day care expenses with pre-tax money.   It sounds like neither you nor your wife are eligible through an employer, so you can't use one. If you do not use FSA, then at tax time you can deduct the cost of day care from your gross income.  In the end the effect is the same.  Just keep track of your expenses."}
{"_id": "85960", "title": "", "text": "As a fellow well-educated professional I totally agree with you. It is rational for countries and people to do exactly what they do best at the most competitive wages. Economics tell us that this increases the size of the global pie.   But it hasn't happened to us personally. reality is different vs a theoretical discussion. Sure the global pie may be getting bigger but that doesn't mean individuals aren't losing out locally. I honestly don't know what I'd do if my industry were suddenly automated or reliably outsourceable.  Sure I'd be happy to retrain but as what?   I'm interested in the next phase of human development will everyone work less? Will we have universal wages?   Tldr trade agreements, outsourcing and automation are among the  greyest of issues"}
{"_id": "85977", "title": "", "text": "Chances are since college is your next likely step I would recommend saving up for it.  Start building an emergency fund. Recommended $1,000 minimum. To start building your credit rating (when 18) get a low interest low limit credit.  Pay off the balance every month. Starting to build your credit rating now can save you hundreds of thousands when buying a house over the course of paying it off.  ie. cheaper interest rate. As for investing, the sooner you can get started the better.  Acquire preferred/stocks/bonds/REITs/ETFs/etc that pay you to own them (they pay you dividends monthly/quarterly/etc).  Stick with solid stocks that have a history of consistently increasing their dividends over time and that are solid companies. I personally follow the work/advice of Derek Foster.  He's not a professional but he retired at 34.  His first book (Stop working - Here's how you can) is great and recommend it to anyone who is looking to get started. Also check out Ramit Sethi's blog I Will Teach You to be Rich. He focuses on big wins which save you a lot over the long term.  He's also got some great advice for students as well. Best of luck!"}
{"_id": "85990", "title": "", "text": "I assert not so. Even if we assume a zero sum game (which is highly in doubt); the general stock market curves indicate the average player is so bad that you don't have to be very good to have better that 50/50 averages. One example: UP stock nosedived right after some political mess in Russia two years ago. Buy! Profit: half my money in a month. I knew that nosedive was senseless as UP doesn't have to care much about what goes on in Russia. Rising oil price was a reasonable prediction; however this is good for railroads, and most short-term market trends behave as if it is bad."}
{"_id": "85994", "title": "", "text": "So let me get this straight... anti-tax warriors who argue from a right-wing libertarian stance that financial liberty is the most important form of liberty want to hold the taxpayers hostage to force the bloated federal government to fund a wall on the southern border of the United States that comprises the territory of multiple state governments, without allowing for those state governments and their citizens the liberty to decide for themselves, nor advocating for private capitalist interests to fund the wall out of their own pockets via private land ownership along the border, which is the hallmark of their entire economic theory?"}
{"_id": "86025", "title": "", "text": "\"&gt;If you leave and pursue IBD, they will respect that and help you whether you stay or not...unless they don't give a shit. You can very easily say \"\"I don't think this is the best place for me to learn X, I need to go to Y company to achieve this. It took me Z weeks to learn this\"\"   &gt;Of course this doesn't apply if you've known this person for years beforehand, but I'm 95% sure this is what you need to be aware of. Management sucks when you aren't in their \"\"club,\"\" (which it sounds like you're not) it's a part of life.   Can you elaborate? I'm not sure I understood all of it. Essentially you're saying she won't help me, period?\""}
{"_id": "86033", "title": "", "text": "Often times, off label use is minor or it's hard to develop clinical proof for it. From the pharma perspective, if they are not pursuing it, they need to ignore any off-label use. The FDA really expects pharma to pretend it doesn't happen and not support it at all."}
{"_id": "86040", "title": "", "text": "\"Unrealistic assumption, but I'll play along. Ultimately, dividends would exist because some innovative shareholder of some company, at some time, would desire income from their investment and could propose the idea of sharing the profit. Like-minded investors also desiring income could vote for dividends to come into existence \u2014 or, rather, vote for a board of directors that supports enactment of the idea. (In your fictitious world, shareholders do still control the corporation, right?) In this world, though, dividends wouldn't be called \"\"dividends\"\", a terrible name that's too \"\"mathy\"\" for the inhabitants of that world. Rather, they would institute a quarterly or annual shareholder profit share. Governments would enact legislation to approve of\u2014nay, encourage such an innovation because it becomes a new source of recurring income they can tax. Alternatively, even if the idea of a cash dividend didn't occur to anybody in that world, investors would realize the stock price is depressed and could propose and vote for the board to institute share buybacks. The company repurchasing some portion of shares periodically would provide income to shareholders participating in the buyback. If the buyback were oversubscribed, they could structure it fairly (pro-rata participation, etc.) Alternatively, shareholders would pressure the board (or fire them and vote in a new board) to put the company up for sale and find a larger buyer, who would purchase the shares for cash. This can't scale forever, though, so the pressure will increase for solutions like #1 and #2.\""}
{"_id": "86041", "title": "", "text": "\"Revenue /= profits or profitability. Profits/Revenue=profitability  To your \"\"lifetime revenue\"\" statement, Apple makes profit on the hardware sale (at a larger margin) and also obtains the same amount of \"\"lifetime revenue\"\" potential.   Samsung makes great products. I have a Samsung TV. However, they have been in the global market for mobile much longer than Apple, which I think give a strong explanation for their larger market share. Apple is more focused on the mobile side (only one product, essentially) and just now getting into a large global presence at product launches. This is the thing that shows me Apple is the market leader: nobody scrutinizes Samsung like they do Apple (I don't hear anyone saying how stupid a Galaxy \"\"mini\"\" phone is). You get a lot of hate when you're doing everything better than the competition as a whole.\""}
{"_id": "86057", "title": "", "text": "\"A few thoughts: You said,  To me it makes sense that if he accidentally put his own money in when he wasn't supposed to, he could just take it out and pay the tax on it and be fine. In this case, he would be putting his own after-tax money in, and wouldn't be able to deduct it, so the act of putting it in and taking it back out in the same tax year would be as if the transaction never occurred at all. He would not have to \"\"pay the tax on it\"\". As for this question: Is there any penalty to his employer if they contribute to an HSA on his behalf, knowing that he is not eligible, and that the money will be an excess contribution? It's good that your son is prepared to treat it as regular income and pay the appropriate taxes. However, the employer should be the one doing that. They should be treating it as regular income and taking out FICA and paying their end of FICA too. If they aren't doing that, technically they are breaking the law. The employer really shouldn't be making the contributions at all, and if they ever bothered to correct this, this article suggests that the employer may be legally allowed to drain the HSA account and take their money back out of it, but only for the same tax year. Apparently they can do this without your son's consent. If that's true, it may make sense to withdraw all money from that account immediately as soon as the money arrives, since they cannot take the money back if it is no longer there. Once the money leaves the HSA account the employer has no choice but to change it to income and if they don't, your son must declare it as such (which it sounds like he is prepared to do). This doesn't really answer your question of whether or not the employer can be penalized- I would assume yes, but not too badly. The worst case scenario for them would probably be just having to pay all the back FICA on those funds if they aren't doing so already. Maybe an interest penalty as well. All that being said, I'd recommend talking to an accountant. The most important thing you want to be sure of is that your son cannot possibly be liable for any wrongdoing. Particularly I would get confirmation on pulling money out of the HSA that you know shouldn't be there in the first place, just to make sure there is no possible way to get dinged for that.\""}
{"_id": "86072", "title": "", "text": "\"&gt;Trust me: those \"\"EDI operators\"\" (called \"\"EDI Service Bureaus\"\" in the US) have a unique EDI map for each trading partner, because, as I said, each trading partner sends the EDI data in a completely different way.  Different ERP systems have different mappings, but there are no unlimited amount of ERP systems. If you can cover SAP, Microsoft and Oracle you can already trade EDI messages between most of the big parties. You only have to make the EDI mappings once for a system and if you have dediceted process to update them it is not hard to sell it to companies that want to have EDI processes.  We never had to do any kind of mappings our self. I guess the infra in EU is just a bit ahead of what you got in US.  &gt;EDI service Bureaus charge $$$ per message  So does it cost to scan, input data and process the invoice. For us it was easy choice as it is way faster, more reliable and also cheaper than having someone do all the data input into ERP.  &gt;Shortly, invoices from suppliers are for many different types of services handled by many different departments.  For all those we have automated rules. Freight orders are sent through a 3rd party system that matches the invoices to the freight orders. They have our freight prices and can automatically approve the invoices with the tables or reject them and ask for a credit.  Goods invoices have the PO-number. The shipping documents have the same PO-number and when a item is received with a PO number it is allocated to a invoice with the same PO number. Buyers know if the PO is not full filled automatically as the inventory will not match what was ordered.  HR invoices will go to HR department automatically and they just have to check if the invoice is correct. Postings and deparment allocations are done by automatic rules here also.  Office supplies can either be bought by PO number or with reference to who the invoice has to be sent for inspection. Inspector can change the automatic postings if there is something incorrect with the automatic posting.  The system we have has been quite flexible and there has not been much of need for customization after the initial setup.   Of course there is still some manual postings to be done, but lot less than without.\""}
{"_id": "86088", "title": "", "text": "I was specifically talking about property tax which doesn't increase that much with income. But state and local income taxes ratio makes a lot of sense since there are still lots of people that depend on a salary at 1million$ AGI."}
{"_id": "86111", "title": "", "text": "If both spousal units are US citizens, they have unlimited transfer ability, no gift tax issue."}
{"_id": "86115", "title": "", "text": "\"What you describe is called a \"\"partnership\"\" (\"\"General Partnership\"\", more precise). Partnership are unincorporated associations of people with a common goal in mind. Every partner shares the same responsibility and obligations, and the duties and authorizations to act on behalf of the partnership should be written down and signed by all the partners in a contract, which is called \"\"Operating Agreement\"\". With that in place, you (if you're given the authority by the partners) can open a bank account on behalf of the partnership, and allow other partners access to it (with or without signature authority, per the operating agreement). If you're talking about a group of homeowners - you should set up a \"\"Homeowners Association\"\" (HOA). Per applicable state law it would either be a limited partnership or a special kind of incorporated entity. That entity can enter contracts (hire a lawyer, for example) on behalf of all the owners.\""}
{"_id": "86120", "title": "", "text": "This is a weird skew on statistics. We added 8 Million jobs which lowered the average wage since most of these jobs were entry level. So they took the drop in average salary and multiplied it by the added jobs and said that's how much drop in the economy we had. I feel like the opposite is true. More jobs only adds I the economy not take away no matter how much they make."}
{"_id": "86134", "title": "", "text": "Not authoritative, but according to TurboTax: If your new cell phone acts as both your business and personal phone, you are only allowed to deduct the portion used for business from your taxable income. It\u2019s important for you to hang on to your itemized phone bill and receipts to ensure that you\u2019re deducting the right amounts and to keep records of your deduction. Since the usage you're describing sounds like a very small amount of the overall usage, it will probably be difficult to justify a business expense deduction."}
{"_id": "86147", "title": "", "text": "\"&gt;I'm playing devil's advocate mostly  I should hope so, because it seems disingenuous to suggest that viewing \"\"tons of photos\"\" is equivalent to seeing and touching something in real life, particularly shoes or clothes.  Also, say, for example, you go to your local shoe store and try on a pair of shoes. Your usual size is 9.5, so you try that on first. But it feels big, and a 9 fits you better. If you'd gone to Amazon without going to the store first, even though they offer free exchanges, you'd still have to deal with the costs of printing out a return label, boxing them up, going to the post office, waiting two days for them to arrive at Amazon, and waiting two days for the new pair. But going to the store first saved you that cost, and the store doesn't get any reward for it.  I'm not condemning you or anyone else for doing this. But I would feel guilty about it, and I'm trying to explain why.\""}
{"_id": "86155", "title": "", "text": "\"The U.S. economy has grown at just under 3% a year after inflation over the past 50 years. (Some of this occurred to \"\"private\"\" companies that are not listed on the stock market, or before they were listed.) The stock market returns averaged 7.14% a year, \"\"gross,\"\" but when you subtract the 4.67% inflation, the \"\"net\"\" number is 2.47% a year. That gain corresponds closely to the \"\"just under 3% a year\"\" GDP growth during that time.\""}
{"_id": "86158", "title": "", "text": "You can't pay your bills with equity in your house. Assuming you paid off the mortgage, where would the money come from that you plan to live off of? If that is your whole retirement savings I'd say do neither. Maybe an annuity (not variable) for SOME of the money, keep the rest invested in conservative investments some of it in cash for emergencies."}
{"_id": "86181", "title": "", "text": "Under the assumption that rates are same, the interest paid monthly would generate greater P+I. However I doubt in practice if if the TFSA Savings rate would be higher than GIC. Typically more the lockin, more the interest."}
{"_id": "86193", "title": "", "text": "That people actually believe the nonsense in the title is sooooo insane. I have worked so many low paying jobs. From experience, I know that it is quite possible to earn minimum wage, take no government assistance beyond tax credits and live a simple life (even while supporting a family) and be quite happy. Sure, we weren't always able to own a cell phone, or have the fastest internet, but our bellies were never empty and we were always warm in the winter and somewhat cool in the summer.  I can't help but think that the majority of people that think you have to take government assistance when you're poor in the U.S. have either A) Never been poor in the U.S. or B) Have never learned how to live a frugal lifestyle."}
{"_id": "86245", "title": "", "text": "Send a well-documented payment to the original creditor.  Do it in such a way that you would have the ability to prove that you sent a payment if they reject it.  Should they reject it, demonstrate that to the credit reporting bureaus."}
{"_id": "86246", "title": "", "text": "Someone referred to the bend as a living hinge, I've heard it referred to as a kerf-bend.  My office has a laser cutter and might be interested in putting it to use.  What kind of volume are you looking for?  If low-volume, PM me."}
{"_id": "86249", "title": "", "text": "There are more companies in the S&amp;P500 that are tech enabled services companies, and a few are software as a service (salesforce, cerner, etc.). As a result profit margins used here have expanded. If wages increase, margins should shrink but there is likely going to be growing revenue as we still have a huge output gap because of all the unemployed people who would have income. Not sure there is a mean to regress to"}
{"_id": "86260", "title": "", "text": "In your situation I would get out my spreadsheet, estimate what I would be making and how that compares to my current market wage, and go from there. At the end of the day it is your decision, hope I have helped you by asking questions.  Goodluck mate!"}
{"_id": "86262", "title": "", "text": "The SWIFT network is federated. The connection routing is via country server to regional servers. All these are maintained by SWIFT. The Banks have corresponded relationship with other banks. They play a role in actual settlement and take some risk. L/C is very risky business. It is expensive."}
{"_id": "86273", "title": "", "text": "\"See \"\"Structuring transactions to evade reporting requirement prohibited.\"\" You absolutely run the risk of the accusation of structuring. One can move money via check, direct transfer, etc, all day long, from account to account, and not have a reporting issue. But, cash deposits have a reporting requirement (by the bank) if $10K or over. Very simple, you deposit $5000 today, and $5000 tomorrow. That's structuring, and illegal.  Let me offer a pre-emptive \"\"I don't know what frequency of $10000/X deposits triggers this rule. But, like the Supreme Court's, \"\"We have trouble defining porn, but we know it when we see it. And we're happy to have these cases brought to us,\"\" structuring is similarly not 100% definable, else one would shift a bit right.\"\" You did not ask, but your friend runs the risk of gift tax issues, as he's not filing the forms to acknowledge once he's over $14,000.\""}
{"_id": "86280", "title": "", "text": "Are specific brand recommendations allowed? I'm a big fan of Lands' End. They have good quality clothing at reasonable prices in all the basic styles. They have great customer service and you con order online and avoid clothes shopping at the mall (which I hate)."}
{"_id": "86281", "title": "", "text": "You can use the Securities Exchange Commission's EDGAR search engine to search all available SEC related filings. https://www.sec.gov/edgar/searchedgar/companysearch.html Top tip: use the fast search on the right to search for the company ticker rather than by company name."}
{"_id": "86303", "title": "", "text": "What I don't understand is why buybacks aren't benefitting the pension fund. Does it hold nothing in GE stock? If so, that seems like the kind of crap that shouldn't happen. I am not a huge fan of pensions, but having zero of the pension liabilities being tied to the success of the company funding them really grinds my gears. The interests of all major stakeholders in companies need to be aligned to the extent possible. If everyone views it as a vehicle to screw everyone else with an interest, things will ultimately go badly. That's why a lot of tech companies tie comp to company performance. Pensions should be no different in having some skin in the game."}
{"_id": "86304", "title": "", "text": "\"Your question is very broad. Whole books can and have been written on this topic. The right place to start is for you and your wife to sit down together and figure out your goals. Where do you want to be in 5 years, 25 years, 50 years? To quote Yogi Berra \"\"If you don't know where you are going, you'll end up someplace else.\"\" Let's go backwards. 50 Years I'm guessing the answer is \"\"retired, living comfortably and not having to worry about money\"\". You say you work an unskilled government job. Does that job have a pension program? How about other retirement savings options? Will the pension be enough or do you need to start putting money into the other retirement savings options? Career wise, do you want to be working as in unskilled government jobs until you retire, or do you want to retire from something else? If so, how do you get there? Your goals here will affect both your 25 year plan and your 5 year plan. Finally, as you plan for death, which will happen eventually. What do you want to leave for your children? Likely the pension will not be transferred to your children, so if you want to leave them something, you need to start planning ahead. 25 Years At this stage in your life, you are likely talking, college for the children and possibly your wife back at work (could happen much earlier than this, e.g., when the kids are all in school). What do you want for your children in college? Do you want them to have the opportunity to go without having to take on debt? What savings options are there for your children's college? Also, likely with all your children out of the house at college, what do you and your wife want to do? Travel? Give to charity? Own your own home? 5 Years You mention having children and your wife staying at home with them. Can your family live on just your income? Can you do that and still achieve your 50 and 25 year goals? If not, further education or training on your part may be needed. Are you in debt? Would you like to be out of debt in the next 5-10 years? I know I've raised more questions than answers. This is due mostly to the nature of the question you've asked. It is very personal, and I don't know you. What I find most useful is to look at where I want to be in the near, mid and long term and then start to build a plan for how I get there. If you have older friends or family who are where you want to be when you reach their age, talk to them. Ask them how they got there. Also, there are tons of resources out there to help you. I won't suggest any specific books, but look around at the local library or look online. Read reviews of personal finance books. Read many and see how they can give you the advice you need to reach your specific goals. Good luck!\""}
{"_id": "86305", "title": "", "text": "If the vendor accepts cryptocurrencies, this may be your only option. It's not clear if exporting cryptocurrency violates Ethiopian law, but at least cryptocurrencies have not yet been banned. If you can find someone who can trade you cryptocurrency, you can send it anywhere. Because cryptocurrencies are still extremely price volatile, I recommend you use Ripple, the fastest I can find.  It can 100% confirm transactions on average within 10 seconds.  This will keep your exposure to price volatility at a minimum if you send the cryptocurrency as soon as you buy it. If you choose this route, please take precausions.  Your government may retroactively ban it and pursue you.  Considering the Ethiopian government's history, this is not unlikely, and banning cryptocurrencies outright is."}
{"_id": "86318", "title": "", "text": "\"The CBOE states, in an investor's guide to Interest Rate Options: The Options\u2019 Underlying Values   Underlying values for the option contracts are   10 times the underlying Treasury yields (rates)\u2014   13-week T-bill yield (for IRX), 5-year T-note   yield (for FVX), 10-year T-note yield (for TNX)   and 30-year T-bond yield (for TYX). The Yahoo! rate listed is the actual Treasury yield; the Google Finance and CBOE rates reflect the 10 times value.  I don't think there's a specific advantage to \"\"being contrary\"\", more likely it's a mistake, or just different.\""}
{"_id": "86334", "title": "", "text": "the fact that you don't know that the chain doesn't only contain hashes concerns me...  I've consulted with several companies who are bringing blockchain technology to the financial, medical and legal sector, I have a feeling I might know a little more than you do about their specific implementations and business needs."}
{"_id": "86337", "title": "", "text": "I think there is a rather unclear line, but it is being crossed. I don't want to say NO career advice, because there has been some really helpful questions asked that, while they want to know for a job search, are helpful. There's also the posts like WHAT DOES AN INVESTY BANKER ACTUALLY DO? That don't belong here. Tricky to differentiate what's okay from what isn't, but at the moment I'd rather downvote the incorrectly posted to keep the useful posts"}
{"_id": "86349", "title": "", "text": "\"I'm sorry.  But no.  It is not.  Some simple microeconomic theories can be predictive *in the current system*.  But macroeconomic theories are almost never predictive and always more reminiscent of a religion.  Science must be predictive by definition.  But predictions about complex systems are notoriously dicey.  This is why your meteorologist can't predict more than a few days out.    It's because it's impossible.  The system is too complex.  It is sensitive to initial conditions which are unknown and unknowable.  And the inputs are too numerous and varied to account for everything.  But they can be accurate to within a given confidence interval, even if it does not achieve formal statistical significance.  And they can run something akin to what economists would call Monte Carlo simulations given their models.  But so far as macroeconomics go, there is no admission by many practitioners in many schools about the predictive limitations on the whole endeavor based on the complex nature of the system.  There are simply constructed theoretical frameworks, which are not predictive, but which seem to have fit certain patterns in the past that are cherry-picked to confirm a hypothesis.  If that is science, it is bad science.  This does not mean one cannot have an untested hypothesis.  Economists generally cannot set up their own experiments, after all.  And they deal in complexity and human decision, just like the other social scientists.  But economists, perhaps more so than other social scientists due to the increased mathematical skill set in the standard tool-box of the field, tend to overstate their case.  This is particularly true for those larger-named economists in the field who inevitably get hired by major media companies.  If Friedman and Galbraith were both scientists, how did they come to such widely different conclusions?    How does the University of Chicago predict and prescribe the polar opposite of U. MO St. Louis?   Basing any theory on splitting one half of Weber's theory of rationality from the other and assigning the behavioral patterns to actors already makes several cognitive leaps.  And yes, in the last few years we have had the school of behavioral economics and bounded rationality models to try to cope with this.  But it's still far from predictive.  The Austrians are certainly on some of the shakiest ground in my view.  At least Keynes' work was rigorous.  So was Marx's for that matter.  That stands in stark contrasts to the Austrians and their ilk.  But regardless, when dealing with essentially contested concepts, consensus through induction becomes the only path forward.  Empirical deduction falls off the menu.  The schools of biology and chemistry at U MO and U Chic. will not come to diametrically opposite conclusions given identical data.  The schools of economics do.  That, in and of itself, is anecdotal evidence of a severe flaw in the \"\"science in a very litteral sense.\"\"  And so I stand by my statement.\""}
{"_id": "86383", "title": "", "text": "How can I find out what these 'additional' costs will be when looking to buy a car? If you know what model you're interested in buying you can try out Edmund's True Cost To Own calculator. This will estimate the depreciation, taxes and fees, financing costs, fuel costs, insurance premiums, maintenance, repairs, and any tax credits for owning a certain model for various periods of time. You can improve the accuracy be substituting your own calculations, like if you already have an insurance quote. Consumer Reports has a useful chart to demonstrate how much each of those additional costs will add up, percentage-wise. They also list the most and least expensive cars to own."}
{"_id": "86406", "title": "", "text": "No you can't buy direct from Toyota.  Largely because of many states' laws (assuming you're in the US) requiring a dealer relationship for car purchasing, read about Tesla's struggles with direct to customer sales.  Secondly because Toyota corporate simply isn't set up to sell a car directly to a customer. I know there are services that help people through the buying process.  If you're finding Toyota dealerships to be this difficult you may consider just buying something from someone who wants to sell to you.  If the buying process is this difficult imagine the service relationship. Edit: Additionally, it's important to remember when financing a car that there are essentially two transactions taking place.  First you're negotiating the price of the car.  Then you negotiate the price of the money (the interest rate).  The money does not need to come from the dealership, you can secure your financing rate from a separate bank or local credit union.  You should definitely pursue alternate financing if they're quoting you 7.99% with a FICO of 710.  But don't tell the dealership you've already got your financing lined up until you're happy with the price of the car."}
{"_id": "86408", "title": "", "text": "\"When you look at those results you'll see that it lists the actual market cap for the stocks.  The ones on the biggest price move are usually close the the $1B capitalization cut-off that they use. (The don't report anything with less than $1B in capitalization on these lists.)  The ones on the biggest market cap are much larger companies. So, the answer is that a 40% change in price on a company that has $1B capitalization will be a $400M change in market cap.  A 4% change on a company with $100B capitalization will be a $4B change in market cap.  The one that moved 40% will make the \"\"price\"\" list but not the market cap list and vice versa.\""}
{"_id": "86440", "title": "", "text": "The laws of physics are absolute.  The laws of man can be bent and twisted.  Come on, you know that.  Trump is a fraud and a cheat.  Don't let him off the hook because of a false comparison.  Don't be naive about Trump.  He'll fuck you in the ass and leave you for dead in the blink of an eye.  Trump is a con man front to back."}
{"_id": "86474", "title": "", "text": "Normally when thinking about whether it's worth it to start a small business, the biggest factor is your time. There's a big difference between spending 10 hours to make a profit of $50 vs spending 1 hour to make a profit of $50. Your scenario is quite different though, in that you suggest your wife is considering teaching for free instead of accepting payment. In this case the time factor almost goes away, since if you accept payment there is very little extra time involved for depositing checks, tracking income, and filling out some extra forms come tax time. From a financial point of view there is no reason to turn down the money if people are willing to pay it. There may be other reasons to prefer doing it for free, but taxes, Social Security payments, and the small extra effort to run the business wouldn't normally be among those reasons. I don't know what your reasons for possibly preferring to do it for free are, but an alternative option to consider is to donate all of her income to charity."}
{"_id": "86481", "title": "", "text": "The software he is talking about readjusts your portfolio weights back to your original allocation on a semi-constant basis. Basically it's designed to replace the stereotypical, lazy financial advisor.  Your second point is quite valid though... One such example for anyone reading who has a young child is a coverdell ESA which allows you to put pretax income into an investment fund and withdraw tax free to spend on anything education related including the primary and secondary level (ie books, Supplies, field trips, tutoring, etc.). Basically money youd probably spend anyway, but this way you skip out on some taxes."}
{"_id": "86482", "title": "", "text": "There's no objectively correct answer to this question, given your circumstances. Ideally, the stepmom would put in 60% of the downpayment and 60% of the monthly maintenance costs and mortgage. You and your partner would evenly split the 40%. Then, it is very obvious. However, my guess is that this isn't going to be the situation. Without knowing the numbers, I suggest that, upon sale of the house, the exact value of each person's downpayment is immediately returned without interest. What's left of the equity is returned to everyone as per the amount they paid in mortgage. The monthly maintenance costs are excluded from this calculation entirely. You are, of course, free to take any other approach all three of you deem to be fair. In my example, consider a home that costs $200,000. Your stepmom puts in $40,000 for a downpayment, you put in $10,000, and your parter puts in $10,000. The mortgage payments are $1500/month. Your stepmom puts in $500 a month, you put in $250 a month, and your partner puts in $750 a month. You sell the place for $300,000 after paying off the entire mortgage. Your stepmom gets $40,000 + $80,000. You get $10,000 + $40,000. Your partner gets $10,000 + $120,000. Keep in mind, though, that you may have to sell the house for a loss. In which case, some or all of the downpayment may not even be returned. In fact, you may end up having to cover money over and above the downpayment and the payments you've made. Any good lawyer will make you consider this. Additionally, any good lawyer will make you spell out under what circumstances, people can force sale of the home."}
{"_id": "86493", "title": "", "text": "I have gone out of my way for my customers and probably done more than I should have. It's always so wonderful to get an email thanking you for your hard work. The software company I work for is in the medical business so a lot of counties in NY have our software and talk to each other. I loved that one of my clients told me that they had a big meeting in upstate and they all said that I was the best one to deal with because of my knowledge, sense of humor, etc. It makes me feel good. Too bad the owners have no idea how much I've saved them over the years. I love what I do."}
{"_id": "86496", "title": "", "text": "Manufacturer of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php Supplier and Manufacturer of Quartz Grit, Quartz Powder, Ramming Mass and Talc Powder. Color snow white, milky white, super semi and semi white.  Applications are Ferro alloys, steel industries, paper industries, sugar refining, Pesticides, Polymers, Rubber Industry, Cosmetic Products, glass floats, water treatment plants Accurate Composition, Reliable and Highly Demanded."}
{"_id": "86497", "title": "", "text": "I actually used to work at SBUX back in the day, it was pretty heavily emphasized in training -- we were instructed to explain that to customers when they ask, and I am pretty sure it is all over their bags / boards in the shops."}
{"_id": "86510", "title": "", "text": "Thanks for the input. My background is pretty unconventional. Worked for a bank for 6 years then got a BBA Finance about 3 years ago. Just walked into my current boss' office one day, introduced myself and said I was looking for a job.   He's an independent advisor with about 30 high-net-worth clients and +/- $90M in AUM. Made me partner with a 5% annual stake in the firm. Most of our clients are 65-70 so it'd be in my best interest to sign 'younger' clients. Our minimum account size is $250k as it wouldn't make economic sense to our clients to open an account with less (since we charge a minimum quarterly amount of $2,500).  The guy at Merrill said that he just paid a one-time fee for basically a list of prospects. Categorized by their occupation and reported annual salary.  Really appreciate any help/direction you may have."}
{"_id": "86517", "title": "", "text": "Considering your question, I have been in the market for a house to buy. There is a house that I   like and I wanted to know if I could afford it. You state your Assets: Awesome! Current Income:  Great job putting $1000/month into your 401k!  That is $12,000/year saved for retirement. Excellent! Current expenses: Why do you want to buy a house for more than 4x your gross income, and 3x median house price (U.S.)?  Are you planning on living in the house for at least 5-7 years?  There is a risk that interest rates will rise, and that will affect your ability to sell the house. Expected expenses: Adding your other essentials, You are considering increasing your expenses by $1000-1200/month. Looking at the amounts you quoted for direct housing expenses, you will have committed $2600/month to a mortgage payment.  Adding your other estimated essentials, you will spend over $3700/month (leaving $2200/month for everything else). You may have higher utilities for a house than an apartment, you are doing well with your food budget, and your cellphone is lower than many.  You anticipate $650/month ($7800/year) tax savings (be careful, congress is looking for ways to increase tax revenue). You want to keep your essential expenses under 50% (much more than 50% is difficult, and I am trying to get to 40%).  You may live in an area where housing costs are an out-sized expense.  But an option would be to save more, and a larger down payment could lower the monthly expenses below that 50% mark."}
{"_id": "86526", "title": "", "text": "i haven't done the precise math to update with the latest call, so you might be right about that.  I will do it some week next time.  As to the other questions:  1.  Every major car company is doing research.  There is going to be massive competition.  2.  Your last sentence confirms my view that you don't understand the issues.  In the real world there is specialization.  Some companies design cars, others design batteries.  So of course the car companies don't have the good battery tech, because they are not battery companies.  The rest of the industry isn't stupid.  Battery companies don't try to make cars, and car companies don't make batteries.  Musk has jumped into an industry he is not a specialist at.  It just so happens I know something about batteries.  The simple fact that Musk is talking about Lithium Ion batteries proves that his tech is no good.  the ACTUAL BATTERY COMPANIES declined to spend massive capital for a plant to supply TSLA cars.  That is why he has to make his own.  Committing huge amounts of capital on old technology is a frightful idea.  THE ACTUAL BATTERY COMPANIES wouldn't do it.  But you think Musk knows more about batteries than the actual battery companies."}
{"_id": "86532", "title": "", "text": "If the debit card is associated with the account, there is nowhere else it could go. The chance is nil that there is another account with that 16-digit number. So either it goes there, or the transfer fails and it is right back where it came from, though this could take some days. If you don't want to risk a wait, talk to your bank now."}
{"_id": "86547", "title": "", "text": "Yet *another* redistributionist jew? (Michael Kinsley)  He wants us to believe that what was earned through voluntary transactions with other people somehow should be taken by another organization of people called the federal government, so his friends and fellow jewish redistributionists can plunder on an even more massive scale.  Money received through voluntary transactions belong to the owner. Period. This jew Kinsley wants us to form a mob and steal to give his jewish friends in govt have more money to spend. Period. What do you call a woman's monthly cycle? Period."}
{"_id": "86621", "title": "", "text": "Residents of Canada must pay Canadian income tax on their worldwide income (source: Wikipedia). However, there is a tax treaty between the U.S. and Canada; I haven't read it, but my guess is that it will allow you to claim a tax credit in Canada for the capital gains tax you have paid to the U.S."}
{"_id": "86627", "title": "", "text": "\"Stay away from leveraged or synthetic ETFs. This answer talks about why leveraged ETFs are dangerous. There are numerous articles to be found by searching for \"\"leveraged etf\"\". My answer to this question links to one of the more accessible explanations I've read.\""}
{"_id": "86632", "title": "", "text": "Haven't read this but will, thanks.  I would agree with you that there are certain aspects and forms of private equity that could be considered reprehensible. First, carried interest probably isn't the fairest thing in the world. But that's not going to last much longer. I think you could also argue that SOME hostile takeovers approach the reprehensible. An example off the top of my head would be Carl Icahn and TWA. I would argue on the whole, however, that most hostile takeovers are accretive in the sense that you're taking out management that is either being tremendously negligent, or destroying value all together.   In both of those instances you can make succinct and well thought out arguments. But this isn't what's happening with Bain. On the whole I would disagree and argue that PE backed restructurings are accretive to the economy as a whole."}
{"_id": "86636", "title": "", "text": "**Using your Time Value of Money functions on your calculator**   N = 3x2 = 6   PV = -914   PMT = (.16 x 1000)/2 = 80   FV = 1000    Compute I/Y  Or     **Step by step calculations**   1) Compute the PV of **(FV of Bond)**1000 in **(3x2)**6 periods at **(16%/2)**8% with no payments   2) Compute the PV of an Annuity of **(.16/2x1000)**$80 payments over **(3x2)**6 periods with an interest rate of **(16%/2)**8% and 0 Future Value   3) Combine the values from Steps 1 and 2"}
{"_id": "86639", "title": "", "text": "Experience and friendly service \u2013 As not many people would be aware of the process, it is important for every individual to be aware of the norms before starting online incorporation. A professional organization can give you better information and education about the process, as Delaware incorporation comes with a lot of norms to be followed by every firm or a company."}
{"_id": "86662", "title": "", "text": "Possibly a single player game hence the need to simulate a market?   I would supposed that you could use a Cobb Douglas demand function. This way you could set demand for x_1 = c(m/p_1) and demand for x_2 = (1-c)(m/p_2)   Where p_1/p_2 are the prices of good 1 and 2, m is income, and x_1/x_2 are good 1 and 2 respectively."}
{"_id": "86673", "title": "", "text": "So does the rest of the developing world, and there are BILLIONS of those people.  Plenty of jobs in construction. It offers a clear opportunity for promotion AND owning your own business.  If you can actually build what you state on time, in budget and on spec: you will have more money and work than you will know what to do with."}
{"_id": "86691", "title": "", "text": "\"I would also suggest finding the training resource within your state for real estate agent license exam prep...  When I was getting started, I took the \"\"101\"\" level course and it was worth the few hundred bucks for the overview I gleaned.\""}
{"_id": "86695", "title": "", "text": "In my business we still use it. (Physical Gas Trading) Not sure what we are going to use. I suspect it'll be ICE instant messenger and maybe Yahoo? Not sure yet but it was a big topic on Friday."}
{"_id": "86702", "title": "", "text": "These are unrelated.  If I subscribe to the paper and pay a month by check, they will just keep billing and delivering the paper.  The virtual card would work for a service that will cancel when the billing attempt fails. i.e. A service that won't just keep active without being paid in advance."}
{"_id": "86716", "title": "", "text": "\"Others have commented on the various studies. If, as JoeTaxpayer says, this one particular study he mentions does not really exist, there are plenty of others. (And in that case: Did someone blatantly lie to prove a bogus point? Or did someone just get the name of the organization that did the study wrong, like it was really somebody called \"\"B&D\"\", they read it as \"\"D&B\"\" because they'd heard of Dun & Bradstreet but not of whoever B&D is. Of course if they got the organization wrong maybe they got important details of the study wrong. Whatever.)  But let me add one logical point that I think is irrefutable: If you always buy with cash, there is no way that you can spend more than you have. When you run out of cash, you have no choice but to stop spending. But when you buy with a credit card, you can easily spend more than you have money in the bank to pay. Even if it is true that most credit card users are responsible, there will always be some who are not, and credit cards make it easy to get in trouble.  I speak from experience. I once learned that my wife had run up $20,000 in credit card debt without my knowledge. When she divorced me, I got stuck with the credit card debt. To this day I have no idea what she spent the money on. And I've known several people over the years who have gone bankrupt with credit card debt. Even if you're responsible, it's easy to lose track with credit cards. If you use cash, when you take out your wallet to buy something you can quickly see whether there's a lot of money left or not so much. With credit, you can forget that you made the big purchase. More likely, you can fail to add up the modest purchases. It's easy to say, \"\"Oh, that's just $100, I can cover that.\"\" But then there's $100 here and $100 there and it can add up. (Or depending on your income level, maybe it's $10 here and $10 there and it's out of hand, or maybe it's $10,000.) It's easier today when you can go on-line and check the balance on your credit card. But even at that, well just this past month when I got one bill I was surprised at how big it was. I went through the items and they were all legitimate, they just ... added up. Don't cry for me, I could afford it. But I had failed to pay attention to what I was spending and I let things get a little out of hand. I'm a pretty responsible person and I don't do that often. I can easily imagine someone paying less attention and getting into serious trouble.\""}
{"_id": "86737", "title": "", "text": "Agreed, and as a side note, I've completely walked away from BI as a legitimate source of any business news. This article is a great example, completely hollow, lacking any real substance. Shit, I could ghost write my own BI featured SUCCESS story and it would be better than this drab."}
{"_id": "86752", "title": "", "text": "Skimmers are most likely at gas station pumps.  If your debit card is compromised you are getting money taken out of your checking account which could cause a cascade of NSF fees.  Never use debit card at pump.    Clark Howard calls debit cards piece of trash fake visa/mc That is because of all the points mentioned above but the most important fact is back in the 60's when congress was protecting its constituents they made sure that the banks were responsible for fraud and maxed your liability at $50.  Debit cards were introduced much later when congress was interested in protecting banks.  So you have no protection on your debit card and if they find you negligent with your card they may not replace the stolen funds.   I got rid of my debit card and only have an ATM card.  So it cannot be used in stores which means you have to know the pin and then you can only get $200 a day."}
{"_id": "86757", "title": "", "text": "It would be 0.22 * Rs 5 per share, i.e. Rs 1.1 per share. For 1000 share it would be Rs 1.1 * 1000, i.e. 1100"}
{"_id": "86760", "title": "", "text": "Kate - you should get a EIN. It will give you a layer of anonymity. If you are getting the occasional check like this, it's a way to have a number that function like an SS number, but would not be used for credit, and far tougher to use for fraud.  By coincidence, I glanced at my twitter feed and a fellow blogger posted How (and Why) to Apply for an EIN Number which goes into a bit more detail."}
{"_id": "86771", "title": "", "text": "I think a shirt with French cuffs that require cufflinks is a good way to show any conservative workplace that you know how they roll.   However if you are just an intern it might make you look very stuffy. I say do it if you are over 20.   And practice tying your tie so the taper to the point starts at the belt buckle. You don't want to see the top shirt button, and you don't want to see any shirt below the tie.  Last thing, leave the bottom button of the suit unbuttoned at all times. So if it is a three button suit, never ever touch button three. Also, you may unbutton your suit when you sit down, rebutton it up when you stand up. If you sit down with buttons done up sometimes it scrunches up a bit around the shoulders."}
{"_id": "86772", "title": "", "text": "I'm also ambivalent about the corporatisation of the world, but that is more a rejection of the corruption and cynicism of big corporate culture than a rejection of free trade.  If people choose to shop at Ikea and Starbucks, who am I to say they shouldn't be allowed to?"}
{"_id": "86778", "title": "", "text": "Your statement is a reductio ad absurdum fallacy but i will address it and validate it in part.  Here we have Burger King following the law, following the tax code which was legally passed by Congress and in fact which the D party had 2 years to change when the GOP had no ability to interfere.  Yet a combination of hard core leftists and nationalistic tea party protectionists want to boycott anyway.    And to your point of ownership.  Government through income tax DOES own a percentage of every profit earned in the US (with no obligation to share in any losses by the way) and through regulation and police power DOES have control of every business in the US.  That is tacit ownership."}
{"_id": "86830", "title": "", "text": "\"That's a very good point, but advertising inevitably gets out of control and consumers end up hating it, which is why we see things like DVRs with their \"\"ad skipping\"\" technologies emerging in the marketplace and being hugely popular amongst consumers. People hate ads, even tho they want them in small amounts.  People who live ad free lives, as I do, learn about products through the recommendations of friends, or through very filtered means such as user groups where someone says \"\"Hey guys I found this neat widget, check it out\"\".  You could argue \"\"that's advertising\"\" and semantically you might be right, but we're speaking specifically about paid ads that Widget Company A pays Social Media Company B to place on their website, and similar models. All of that is going away just as fast as the technology makes it possible to eliminate it with or without the approval of either company. Consumers hate ads and love ad blockers.  To understand whats happening you need to appreciate just how young \"\"ad blocking\"\" technology is. It's only existed a very short while and has already decimated the internet to the point that various websites have gone bankrupt. Nobody as big as Facebook (yet), but large popular magazines and newspapers have been really struggling. And the tech is in it's infancy, as it matures it will cause more shake-ups.\""}
{"_id": "86852", "title": "", "text": "\"Unfortunately, Australian bureocrats made it impossible to register a small business without making the person's home address, full name, date of birth and other personal information available to the whole world. They tell us the same old story about preventing crime, money laundering and terrorism, but in fact it is just suffocating small business in favour of capitalistic behemoths. With so many weirdos and identity thieves out there, many people running a small business from home feel unsafe publishing all their personal details. I use a short form of my first name and real surname for my business, and reguraly have problems cashing in cheques written to this variation of my name. Even though I've had my account with this bank for decades and the name is obviously mine, just a pet or diminitive form of my first name (e.g. Becky instead of Rebecca). This creates a lot of inconvenience to ask every customer to write the cheque to my full name, or make the cheque \"\"bearer\"\" (or not to cross \"\"or bearer\"\" if it is printed on the cheque already). It is very sad that there is protection for individual privacy in Australia, unless you can afford to have a business address. But even in this case, your name, date of birth and other personal information will be pusblished in the business register and the access to this information will be sold to all sorts of dubious enterprises like credit report companies, debt collectors, market researchers, etc. It seems like Australian system is not interested in people being independent, safe, self-sufficient and working for themselves. Everyone has to be under constant surveliance.\""}
{"_id": "86855", "title": "", "text": "In my experience financial advisors do not normally assist with budgeting and personal everyday finance. There certainly are people who do that, but you would normally only consult them when you have financial difficulties, especially debt. The more common find of financial advisor is mostly focussed on advising you about savings and investments. A lot work for banks and investment companies. They will usually advise you for free, the downside being that they will only recommend their company's products. This may or may not be a bad thing, depending on the company. Others will charge you a commission on purchases, and their advice will be more neutral. This question will also be interesting: Are all financial advisors compensated in the same way?"}
{"_id": "86864", "title": "", "text": "first, let me reiterate what everyone else is saying about rental rates having nothing to do with your expenses. you should charge market rates. slightly higher if you want better tenants and slightly lower if you want to avoid prolonged vacancy. you can determine market rates by finding similar properties in your area and seeing what they are asking for rent.  you will need to adjust for location, square footage, number of bathrooms, etc. now that that is out of the way, here is a quick checklist of expenses that you will need to calculate and/or estimate for your specific property in order to decide if you should rent or sell: if you add up all of the above expenses and it's more than the market rates for rent, you should sell.  if the above expenses are below the market rates, then you need to consider if the profit margin is enough to justify the hassle and the risk."}
{"_id": "86874", "title": "", "text": "\"&gt; and it's just fucking gone because Zuckerberg had to build a wall around his castle.   But the real cause was *the sheep let him get away with it* because they were too 'invested' already.  And it's already starting again. Everyone's house is going to be totally dependent upon either Bezos' [Chaebol](https://en.wikipedia.org/wiki/Chaebol) or *Google.gov*. \"\"Competitors\"\" won't have a chance; they'll be locked out of the *acres* of back-end servers and patented APIs the Big Two will have.\""}
{"_id": "86879", "title": "", "text": "\"Amazon lets you \"\"buy a season pass\"\" with some discount. It has good HDTV selection. Of course it course it costs more than buying the DVDs or paying for netflix. You are paying to see them when they will have value. It's not a market failure it's how the market makes money.   A lot tech markets do this, including Steam. You want Skyrim, 60 bucks please. You don't bitch that they are offering Oblivion for 20 do you? You aren't going to get it for Netflix or even DVD prices because online views canalize tv viewership. Netflix and DVDs are seen as \"\"extra\"\" revenue. Money they make in addition to ratings advertising money. They are basically the clearance rack of the media world. It's like demanding the latest fall fashions at their spring clearance price. It's not going to happen.   These shows are going for 2 bucks a pop. Assuming cable costs 60 bucks a month, you can get rid of it and instead buy 2 shows a day. If you put up a free antenna, you can go even longer by DVRing network stuff. The pricepoint is pretty good. You can't price TV shows at 10 bucks a month unlimited because we already paying way more than that for cable. There wouldn't be enough revenue to make all the shows that are currently being made.   The mess is just different competing services which is good. It'll drive prices down and give alternative payment models. Hulu lets you trade your commercial viewing for free stuff. Netflix gives you cheap old stuff. Amazon lets you have whatever you want if you pay for it.\""}
{"_id": "86887", "title": "", "text": "\"The money you invested in your Roth was taxed as income when you filed your income tax.   A Roth contribution is \"\"post-tax\"\" as opposed to a standard IRA or 401k contribution which are \"\"pre-tax\"\". Pre-tax contributions lower your taxable income for the year. In example, you had income of $100,000 and made a standard IRA contribution of $5000. Your taxable income would be $95,000. In the case of a Roth contribution, the same $5000 investment would not reduce your taxable income for the year.\""}
{"_id": "86894", "title": "", "text": "Former sailor here.  The blue and white crackerjack jumpers are  globally unique garments.  It is a dress uniform.  I have owned exactly two of each in my lifetime, and the second was because I changed sizes in my 20's.  Even the cloth is something that I haven't seen in any civilian clothes.  Occasional shortages like this are an expected consequence of having unique formalwear, and doesn't say anything about US manufacturing capabilities.  Note that the day-to-day working uniforms are still well stocked.  This is just a supplier EOLing a low-margin low-volume product.  Happens every day."}
{"_id": "86895", "title": "", "text": "Our team of Indian marble is highly qualified, experienced and offering best quality marble stones to their clients. Whole team of Indian marble is working together in Our Company and giving their best. They are fulfilling customer needs through strong communication.  We provide broad variety of marble stones in all over India. We have best connection with top builders in India. http://www.slideserve.com/royalw/indian-marble-market-price"}
{"_id": "86909", "title": "", "text": "I don't see anything in this forum on the leverage aspect, so I'll toss that out for discussion.  Using generic numbers, say you make a $10k down payment on a $100,000 house. The house appreciates 3% per year. First year, it's $103,000. Second year, $106090, third it's 109,272.70. (Assuming straight line appreciation.) End of three years, you've made $9,272.70 on your initial $10,000 investment, assuming you have managed the property well enough to have a neutral or positive cash flow. You can claim depreciation of the property over those rental years, which could help your tax situation.   Of course, if you sell, closing costs will be a big factor. Plus... after three years, the dreaded capital gains tax jumps in as mentioned earlier, unless you do a 1031 exchange to defer it."}
{"_id": "86923", "title": "", "text": "\"I can see where they're coming from, but at the same time, who says STEM people can't think philosophically/ethically too? Ultimately it may come down to one person's word against another's. Do we really need schools to give people \"\"critical thinking\"\" or \"\"philosophically-versed\"\" degrees in order to have an opinion in a tech company? Aren't we all equally as creative?\""}
{"_id": "86929", "title": "", "text": "Actually, my question was mainly rhetorical, I know why it can't be done, however the FTC and the FCC must both approve of such transactions I think, so maybe there is still a way to prevent it.   You're pretty naive if you think News Corp is the same as everyone else. Nobody lies like News Corp. Murdoch's employees admit being paid to lie. This is why Canada doesn't allow Fox News to be aired there, because they still have honesty in broadcasting standards."}
{"_id": "86952", "title": "", "text": "How you answer is actually dependent on when they ask. If it is early in the process the question/answer is to determine the type of loan you are looking for: Auto loan, home loan, home improvement loans, education loans; all have products that are geared to those uses. In many cases they will use the item you are purchasing as collateral for the loan. In return for this they will offer you a low interest rate, because they know they can protect their money be repossessing the collateral.  For these standard loans they will ask for more specifics before they give a check for the money because they need to know exactly what you are spending the money on, and they will need to file legal paperwork to protect their money. If it isn't one of those standard loans then you are looking at a loan that is only backed by your signature. That loan could have a high interest rate. They are asking as part of the process of assessing their risk. Unless you are putting a lie on a form, I am not sure being untruthful puts you in jeopardy.  In some cases they don't care. People get lines of credit without knowing exactly what they are going to spend the money on."}
{"_id": "86962", "title": "", "text": "Some banks are giving you interest on the minimum balance between 10th and last day of the month. However, with automation, RBI has changed the instruction and now for automated branches they are calculated on a daily balance basis. Since you have deposited 1000 on the last day of the month, you will get interest only for a day. A more elaborate article can be found here."}
{"_id": "86982", "title": "", "text": "Great question, but I'm thinking you'll want to get a professional who can look at your specific situation and do it right.  I wouldn't go solely on advice here.  Having said that, though, my decidedly non-professional advice: The other alternative is to take a bit of a profit hit, and demand that the seller pay cash.  Then the transaction becomes much easier and quicker. But again, I urge you to have a pro look at this!"}
{"_id": "86991", "title": "", "text": "I see what you mean, but I still believe that for as knowledgeable as these guys are it was basically a hopeful and deceptive way for them to dump the bad mortgages that they pushed their employees to give to people. They can play dumb all day and I guess that's how they got around this but it's pretty shitty all around. If you're saying they did something wrong and the public is saying they did something wrong then I wonder what Ben Bernanke was thinking or how nobody, even before shit hit the fan, had any questions about what was going on. The whole thing smells fishier than fish.."}
{"_id": "86997", "title": "", "text": "\"I started typing out a really lengthy response.  I think the better idea is to turn you towards this article at [Yale which discusses the use of fast breeder reactors.](http://e360.yale.edu/features/are_fast-breeder_reactors_a_nuclear_power_panacea)  In short, FBRs (several designs exist today) can consume most of the fuel put into them.  Further, they can consume a lot of the waste that already exists.  In effect, we can use existing stockpiles of \"\"waste\"\" as fuel.  I put \"\"waste\"\" in quotes because it becomes fuel and has value.  The economic and ecological value of this should be exciting!  Next-gen MSRs can potentially be even more effective.  Like current breeder reactors, they have the potential to be safer, operate at more desirable temperatures for thermal efficiency, and consume some of the products of existing reactors.\""}
{"_id": "87010", "title": "", "text": "I wish I would have:"}
{"_id": "87021", "title": "", "text": "I don't really, but this quote from the article  &gt;In fact, this year, Chipotle, which is growing so quickly that it's opening about three new locations each week, will slowly braise and sell about 120 million pounds of naturally raised pork, chicken and beef that meets its **antibiotic-free standards.**  Makes me think that it's not 100% no antibiotics, just under some set standard to be considered antibiotic-free."}
{"_id": "87022", "title": "", "text": "&gt; shopping is the be-all-end-all of consumerism  This is a fact. What has amazon acquired that is worse off for the consumer than before the acquisition? I can think of when walmart has been shit, like when they basically bankrupted rubbermaid over a single digit percentage price increase. Amazon seems to have the consumer's interests in mind, directly behind maximizing profits."}
{"_id": "87026", "title": "", "text": "\"Salatin and the other \"\"modern pioneers\"\" of rotational grazing are all looking back at previous conclusions in modern context, and they all are independently coming up with the same solutions; namely, multispecies grazing and moving fence style rotation programs.  We missed something as simple as letting the grass get tall and letting chickens eat bugs for a few decades, but thankfully there are people getting back on the right track.\""}
{"_id": "87032", "title": "", "text": "In a process called collateralization, your mortgage is combined with others to form a security that other can invest in. When done right, this process provides liquidity, more money to be lent for more loans. When done wrong, bad things happen.  My mortgage happens to be held by the issuing bank. Yours was sold into such a pool of mortgages. One effect of this is the reselling of the servicing of the loan. I've had other mortgages that were sold every year, but I never paid ahead. With this bank, I'm on my fifth refinance, but the bank keeps the loan in house no matter what. I don't know if there's any correlation, it depends on the originating bank, in my opinion."}
{"_id": "87051", "title": "", "text": "It is important to determine a constructing  and good inspector can suggest you on any precise troubles and feasible methods of repair. Get the coolest inspections group by means of Assured Building Inspections, we've got proper fantastic enjoy of the inspection the constructing. As a home consumer, you\u2019re cautioned to have interaction an expert to undertake a pre-buy building inspection on a belongings earlier than you make a decision to buy. The motive of the property inspections is to understand any substantial structural damage, assets defects, or conditions likely to motive similarly damage. Pre-purchase assets  inspections will likely be in reality one in all the largest investments you may make in your existence."}
{"_id": "87057", "title": "", "text": "The currency market, more often referred as Forex or FX, is the decentralized market through which the currencies are exchanged. To trade currencies, you have to go through a broker or an ECN. There are a lot's of them, you can find a (small) list of brokers here on Forex Factory. They will allow you to take very simple position on currencies. For example, you can buy EUR/USD. By doing so, you will make money if the EUR/USD rate goes up (ie: Euro getting stronger against the US dollar) and lose money if the EUR/USD rate goes down (ie: US dollar getting stronger against the Euro). In reality, when you are doing such transaction the broker: borrows USD, sell it to buy EUR, and place it into an Euro account. They will charge you the interest rate on the borrowed currency (USD) and gives you the interest and the bought currency (EUR). So, if you bought a currency with high interest rate against one with low interest rate, you will gain the interest rate differential. But if you sold, you will lose the differential. The fees from the brokers are likely to be included in the prices at which you buy and sell currencies and in the interest rates that they will charge/give you. They are also likely to gives you big leverage to invest far more than the money that you deposited in their accounts. Now, about how to make money out of this market... that's speculation, there are no sure gains about it. And telling you what you should do is purely subjective. But, the Forex market, as any market, is directed by the law of supply and demand. Amongst what impacts supply and demands there are: Also, and I don't want to judge your friends, but from experience, peoples are likely to tell you about their winning transaction and not about their loosing ones."}
{"_id": "87065", "title": "", "text": "The Bid price is simply the highest buy price currently being offered and the Ask price simply the lowest sell price being offered. The list of Bid and Ask prices is called the market depth. When the Bid and Ask prices match then a sale goes through. When looking to sell you would generally look at both the Bid and Ask prices. As a seller you want to be matched with the Bid price to get a sale, but you also need to check the current list of Ask prices. If the price you want to sell at is too high you will be placed down the Ask price list, and unless the price moves up to match your sell price you will not end up selling. On the other-hand, if your price to sell is too low and in fact much lower than the current lowest sell price you may get a quick sale but maybe at a lower price than you could have gotten. Similarly, when looking to buy, you would generally also look at both the Bid and Ask prices. As a buyer you want to be matched with the Ask price to get a sale, but you also need to check the current list of Bid prices. If the price you want to buy at is too low you will be placed down the Bid price list, and unless the price moves down to match your buy price you will no end up buying. On the other-hand, if your price to buy is too high and in fact much higher than the current highest buy price you may get a quick purchase but maybe at a higher price than you could have gotten. So, whether buying or selling, it is important to look at and consider both the Bid and Ask prices in the market depth."}
{"_id": "87082", "title": "", "text": "\"First, I would like to use a better chart.  In my opinion, a close of day line chart obscures a lot of important information.  Here is a daily OHLC log chart:  The initial drop from the 1099.23 close on Oct 3 was to 839.8 intraday, to close at 899.22 on Oct 10.  After this the market was still very volatile and reached a low of 747.78 on Nov 20, closing only slightly higher than this.  It traded as high as 934.70 on Jan 6, 2009, but the whole period of Nov 24 - Feb 13 was somewhat of a trading range of roughly 800-900.  Despite this, the news reports of the time were frequently saying things like \"\"this isn't going to be a V shaped recovery, it is going to be U shaped.\"\"  The roughly one week dip you see Feb 27 - Mar 9 taking it to an intraday low of 666.79 (only about 11% below the previous low) on first glance appears to be just a continuation of the previous trend.   However... The Mar 10 uptrend started with various news articles (such as this one) which I recall at the time suggested things like reinstating the parts of the Glass\u2013Steagall Act of 1933 which had been repealed by the Gramm\u2013Leach\u2013Bliley Act.  Although these attempts appear to have been unsuccessful, the widespread telegraphing of such attempts in the media seemed to have reversed a common notion which I saw widespread on forums and other places that, \"\"we are going to be in this mess forever, the market has nowhere to go but down, and therefore shorting the market is a good idea now.\"\"  I don't find the article itself, but one prominent theme was the \"\"up-tick\"\" rule on short selling: source From this viewpoint, then, that the last dip was driven not so much by a recognition that the economy was really in the toilet (as this really was discounted in the first drop and at least by late November had already been figured into the price).  Instead, it was sort of the opposite of a market top, where now you started seeing individual investors jump on the band-wagon and decide that now was the time for a foray into selling (short).  The fact that the up-tick rule was likely to be re-instated had a noticeable effect on halting the final slide.\""}
{"_id": "87102", "title": "", "text": "If you are in the US and a regular employee, this will have to show up on your year-end W2 form as income. If it doesn't, there is some funky accounting business going and you should probably consult a professional for advice."}
{"_id": "87113", "title": "", "text": "It's the same result either way.  Say the bills are $600, and you are reimbursed $400. You'd be able to write off $400 as part of the utilities that are common expenses, but then claim the $400 as income.  I'd stick with that, and have contemporaneous records supporting all cash flow. You also can take 2/3 of any other maintenance costs that most homeowners can't. Like snow removal, lawn care, etc."}
{"_id": "87141", "title": "", "text": "\"I'm not personally familiar with this, but I had a look at the Companies House guidance. Unfortunately, it seems you've done things in the wrong order. You should have first got the funds out, distributed them to yourself as a dividend or salary, and then closed the account, and then wound up the company. Legally speaking, the remaining funds now belong to the government (\"\"bona vacantia\"\"). It's possible you could apply to have the company restored, but I think that might be difficult; I don't think the administrative restoration procedure applies in your situation. Given the amount involved, I'd suggest just forgetting about it.\""}
{"_id": "87149", "title": "", "text": "I'm building a big addition onto my house. It's my third huge construction job. I use Amazon to buy tools, lighting, wire, radiant heat supplies, small appliances, smart home items, and specialty parts. HD and Lowes are good for cheap or heavy items. I also want to inspect my lumber, but even that is better delivered from a lumber yard when I need more than a few dozen boards or sheets of drywall. I have things delivered to my house almost daily from Amazon."}
{"_id": "87150", "title": "", "text": "To point #1: We are moving but I don't know If I can afford the rent as the family grows I would start by looking at your debt-to-income ratio. In the US, most banks look at this for mortgage purposes, but it also gives you a general idea of what monthly mortgage payments will be comfortable given your particular financial situation. Think of it this way, if a bank is unwilling to lend you money because of a high debt-to-income level, this indicates that you have very little leeway with regard to your budget. So a lower number indicates that you will have more flexibility and comfort with meeting your rent/mortgage obligations when unforeseen bills pop up. The article below indicates having < 43% DTI is ideal (in the US). Here's a link to a debt to income calculator and some extra info (I suggest finding one aimed at the UK market): WellsFargo debt to income calculator Why is the 43% debt to income ratio important? Point #2: How can a person measure how much to spend on food, car, bills or rent from his salary? Is there a formula to keep in check? Other answers have addressed how to make a budget, so I will not repeat that. However, here's another angle with regards to spending/saving. This article recommends 50/30/20: According to the popular\u00a050/30/20 rule, you should reserve 50 percent of your budget for essentials like rent\u00a0and food, 30 percent for discretionary spending, and at\u00a0least\u00a020 percent for savings. Read more at: https://www.moneyunder30.com/how-much-should-you-save-every-month-2 In the real world, these goals may not be realistic, and different people have different ideas about how aggressive to be with regards to savings. However, you can get a general idea and adapt for your particular needs. Point 3: I find myself looking at my account every single day and get tensed and sad because almost whenever the money (pay) comes in I freak out that after everything there is nothing for us to enjoy or save."}
{"_id": "87157", "title": "", "text": "Save yourself a lot of trouble you both agree on a Real Estate Attorney to prepare all the paperwork (ie. contract) and conduct the closing for or with the Title Company. Then you both split the normal costs of the transaction. (Real simple professionally handled and you both save the 6%)"}
{"_id": "87160", "title": "", "text": "\"You have a few correlated questions here:  Yes you can. There are only a few investment strategies that require a minimum contribution and those aren't ones that would get a blanket recommendation anyway. Investing in bonds or stocks is perfectly possible with limited funds. You're never too young to start. The power of interest means that the more time you give your money to grow, the larger your eventual gains will be (provided your investment is beating inflation). If your financial situation allows it, it makes sense to invest money you don't need immediately, which brings us to: This is the one you have to look at most. You're young but have a nice chunk of cash in a savings account. That money won't grow much and you could be losing purchasing power to inflation but on the other hand that money also isn't at risk. While there are dozens of investment options1 the two main ones to look at are: bonds: these are fixed income, which means they're fairly safe, but the downside is that you need to lock up your money for a long time to get a better interest rate than a savings account index funds that track the market: these are basically another form of stock where each share represents fractions of shares of other companies that are tracked on an index such as the S&P 500 or Nasdaq. These are much riskier and more volatile, which is why you should look at this as a long-term investment as well because given enough time these are expected to trend upwards. Look into index funds further to understand why. But this isn't so much about what you should invest in, but more about the fact that an investment, almost by definition, means putting money away for a long period of time. So the real question remains: how much can you afford to put away? For that you need to look at your individual situation and your plans for the future. Do you need that money to pay for expenses in the coming years? Do you want to save it up for college? Do you want to invest and leave it untouched to inspire you to keep saving? Do you want to save for retirement? (I'm not sure if you can start saving via IRAs and the like at your age but it's worth looking into.) Or do you want to spend it on a dream holiday or a car? There are arguments to be made for every one of those.  Most people will tell you to keep such a \"\"low\"\" sum in a savings account as an emergency fund but that also depends on whether you have a safety net (i.e. parents) and how reliable they are. Most people will also tell you that your long-term money should be in the stock market in the form of a balanced portfolio of index funds. But I won't tell you what to do since you need to look at your own options and decide for yourself what makes sense for you. You're off to a great start if you're thinking about this at your age and I'd encourage you to take that interest further and look into educating yourself on the investments options and funds that are available to you and decide on a financial plan. Involving your parents in that is sensible, not in the least because your post-high school plans will be the most important variable in said plan. To recap my first point and answer your main question, if you've decided that you want to invest and you've established a specific budget, the size of that investment budget should not factor into what you invest it in. 1 - For the record: penny stocks are not an investment. They're an expensive form of gambling.\""}
{"_id": "87185", "title": "", "text": "\"Agreed, the mix is best, at least as it has been done in Northern Europe. In the U.S., not so much a success.  The problems with capitalism are manifold: It does not scale well; it corrupts political systems where the intent and desire is for a society to govern itself; it willingly sacrifices any and all ethical considerations to the impulses of greed by the rich-of-the-moment; it has such a short-term view of the future that nothing gets fixed or improved beyond more money for the rich-of-the-moment, which is usually referred to as \"\"progress.\"\"  Capitalism only works when it's kept on a short, completely transparent leash; as soon as opacity and freedom to cheat are allowed, everything else shortly goes to shit. Capitalism and governance are forces in opposition and as for allowing capitalists to govern, well, look at the U.S. these past few decades and you see the steady degradation of everything except the coffers of the extremely wealthy. The final joke's on them though: Wealth never out-survives the source of it's creation: U.S. wealth will die with the U.S. or be stolen by the places where it's hidden away.\""}
{"_id": "87187", "title": "", "text": "\"The \"\"easier\"\" way is to sell the house, and pay back the 95K to the mortgage company. Your taxable gain (if any) is calculated as the difference between the sales price minus the purchased price of 150K. There is a further deduction for any selling expenses, before you have to pay income tax. If you liquidate your other investments to raise the 95K and prepay the mortgage, you might realize, and be taxed on gains on **those ** investments. That's something you might not want. On the other hand, if you have some investments that can be liquidated at a loss, you might want to sell those to generate a tax loss, then prepay all or part of the 95K. Bear in mind that there are limitations of 3K a year for certain types of losses. So see a tax adviser before using this course of action.\""}
{"_id": "87189", "title": "", "text": "\"Shares do not themselves carry any identity. Official shareholders are kept at the registrar.  In the UK, this may be kept up to date and publicly accessible.  In the US, it is not, but this doesn't matter because most shares are held \"\"in street name\"\". For a fully detailed history, one would need access to all exchange records, brokerage records, and any trades transacted off exchange. These records are almost totally unavailable.\""}
{"_id": "87202", "title": "", "text": "&gt; decoupling between rise in productivity and rise in wages  But that doesn't even pass the logic test, so I don't know why it's routinely hauled out as something that's supposed to be meaningful.  If employees are more productive you need less of them.  If you need less there is more supply - and demand (i.e. wages) goes down.  Add into that people living and working longer and there is less competition for labor in most markets.      There was a relationship from 1945 to 1970 - but not because they are intricately linked.  Just because that was the benefit of being the world's healthiest economy and superpower following a major war.  It was never meant to last."}
{"_id": "87220", "title": "", "text": "\"Occassionaly a trader will make a blatant mistake. A customer calls to buy 100 shares at $10, and the trader by mistake enters \"\"10 shares at $100\"\". You get one very happy seller :-) In the USA, it doesn't happen often for sales, because if the trader offers to sell 10 shares at $100, there will be nobody accepting the other.  In Japan, with one dollar equal to 120 Yen, the same mistake would mean that someone wanted to sell 100 shares at 1200 Yen, and the trader enters 1200 shares for 100 Yen, then you will get a happy buyer, and a massive loss.\""}
{"_id": "87231", "title": "", "text": "&gt;The figures released Friday also showed how overtime boosted the salaries of other employees. For example, 24 plumbers earn between $49,000 and $78,000 in base pay, but they collected an average $14,500 on top of that this year. Many toll collectors boosted their base wages of $58,916 to $85,000 or more this year with overtime.    I can't believe this was even mentioned in the same article. That is what it means to work in a trade."}
{"_id": "87238", "title": "", "text": "what reason would I have in buying an ETF? Apart from the efforts, the real reason is the ticket size. One can't buy shares in fraction. To truly reflect the index in equal weight, the amount to invest will be in multiples of millions [depending on the Index and the stock composition]   This related question should help you understand why it is difficult even for large fund house to exactly mimic the index. Why do passive ETFs require so much trading (and incur costs)?"}
{"_id": "87240", "title": "", "text": "Honestly not sure what my focus is yet because I haven't taken upper level classes. However, out of all of the electives, the ones that sound the most interesting for me are: Risk Management, Derivatives Securities, Applied Portfolio Mgmt, Global Financial Mgmt.  I understand what you mean about RE."}
{"_id": "87260", "title": "", "text": "All other things being equal, you might be better off contributing to a IRA that is a brokerage account.  You will have lots of flexibility in your investments and there would probably not be fees for the account itself.  You might incur commissions for trading and/or owning mutual funds that are charged by the funds themselves.   You won't be able to borrow from an IRA, as opposed to a 401K.  IMHO, that is a good thing. Are you suggesting that you would withdraw early from a retirement account?  You'd probably be better off not doing that.  Assuming a large salary, you would be paying 43% to withdraw your money early.  Would you accept a loan at 43% interest?   You are probably better off not putting the money in in the first place to accomplish your goals, then withdrawing it early. Most people opt for a 401K for two reasons.  The company match and ease of investment make a compelling argument.  Keep in mind if a 401K is available to you, regardless if you particpate, you start phasing out your IRA deduction at 60K a year (single) or 96K (married).  Given your huge salary comments I imagine an IRA would not be an option in your scenario. Given that, if you leave a job, you can roll your 401K balance into a trading account."}
{"_id": "87261", "title": "", "text": "S & P Index Announcements would have notes on when there are changes to the index.  For example in the S & P Small-cap 600 there is a change that takes affect on Feb. 19, 2013. As for how index funds handle changes to the fund, this depends a bit on the nature of the fund as open-end mutual funds would be different than exchange-traded funds.  The open-end fund would have to sell and purchase to keep tracking the index which can be interesting to see how well this is handled to keep the transaction costs down while the ETFs will just unload the shares in the redemption units of the stock leaving the index while taking in new shares with creation units of the newly added stock to the index."}
{"_id": "87283", "title": "", "text": "You would not owe any taxes in the 2015 year, unless you got exercised and called away in 2015. The premium would be short term capital gains barring some other exception I'm not aware of, and if you retain a gain on the underlying shares then that would still be long term capital gains. If it gets called in say April 2016, is the premium+profit+dividends all long term capital gains for the year 2016? The profits are long term capital gains and the premium serves to lower your cost basis, dividends have their own conditions so you'll have to do separate research on that, fortunately they'll likely be negligible compared to the potential capital gains and options premium."}
{"_id": "87312", "title": "", "text": "Funny because no one answered my bosses ad for $30 an hour. But hey who cares about that. I've had illegals try to hire me $20 an hour under the table. Everyone in construction before can get back into it tomorrow."}
{"_id": "87320", "title": "", "text": "\"You asked for an example of a society without government. I gave one.  I already asked if you were just gonna move goalposts on me. So what, now you're saying \"\"lol doesn't count, they didn't stay without a government forever\"\"? gimme a break.  &gt;Is medieval Iceland really what this diatribe against taxes really all about?   you asked for an example. I gave one. If you want to dismiss it because \"\"lol Iceland\"\" or move the goalposts to \"\"lol but eventually government happened\"\", then whatever. play your games.\""}
{"_id": "87324", "title": "", "text": "In general you do not want to show a taxable gain on rental properties if you can avoid it.  One of the more beneficial advantages of owning cash flowing rental properties, is that the income is tax deferred because of the depreciation.  I say deferred, because depreciation affects the cost basis of your property.   Also since you are considering financing, it sounds like you don't need the cash flow currently.  You usually can get better returns by financing and buying more rental properties, especially with investment mortgages at historical lows (Win via inflation over time)"}
{"_id": "87331", "title": "", "text": "As far as I know, the AMT implications are the same for a privately held company as for one that is publicly traded.  When I was given my ISO package, it came with a big package of articles on AMT to encourage me to exercise as close to the strike price as possible.  Remember that the further the actual price at the time of purchase is from the strike price, the more the likely liability for AMT.  That is an argument for buying early.  Your company should have a common metric for determining the price of the stock that is vetted by outside sources and stable from year to year that is used in a similar way to the publicly traded value when determining AMT liability. During acquisitions stock options often, from what I know of my industry, at least, become options in the new company's stock.  This won't always happen, but its possible that your options will simply translate.  This can be valuable, because the price of stock during acquisition may triple or quadruple (unless the acquisition is helping out a very troubled company). As long as you are confident that the company will one day be acquired rather than fold and you are able to hold the stock until that one day comes, or you'll be able to sell it back at a likely gain, other than tying up the money I don't see much of a downside to investing now."}
{"_id": "87349", "title": "", "text": "\"It means that the company earned 15 cents per share in the most recently reported quarter. Share price may or not be affected, depending on how buyers and sellers value the company. Just because profits \"\"jumped,\"\" does not mean the shares will follow suit. An increase in profits may have already been priced into the stock, or the market expected the increase in profit to be even higher. As the shareholder, you don't actually get any of these profits into your hands, unless the company pays out a portion of these profits as a dividend.\""}
{"_id": "87350", "title": "", "text": "From Kiplinger: Can the money be used at a foreign   college? You can use the money at   hundreds of foreign colleges,   including the University of Toronto,   McGill in Montreal and many other   Canadian schools. If U.S. students at   the school qualify for federal   financial aid, you can use 529-plan or   ESA money to pay the bills without   worrying that you'll lose any of the   tax benefits."}
{"_id": "87351", "title": "", "text": "On the surface this sounds ridiculous, which makes me suspect that there might be something that the dealer intends to cling on to; otherwise it sounds like the dealer should be ashamed to even call your son about its own incompetence. I'd recommend politely refusing the request since said mistake didn't happen on your end, and wait to see if the dealer comes back with some sort of argument."}
{"_id": "87361", "title": "", "text": "\"Really? Why do you think that if they were any good they would be available through regular channels? I like Tupperware. And so do a lot of people-that's why there were so many companies who created their own versions.   Also, what do you mean by a legalized pyramid scheme? I've heard that before and always wondered. My understanding is that a pyramid scheme is based solely on the recruitment of people, and that the \"\"buy in\"\" is what pays the people up at the top of the pyramid, and there are no products or services of value rendered.\""}
{"_id": "87369", "title": "", "text": "L\u1ea5y v\u1eadt li\u1ec7u cao c\u1ea5p c\u1ee7a SMY Plaste \u0111ang c\u1ea3i thi\u1ec7n khu v\u1ef1c nh\u00e0 b\u1ebfp c\u1ee7a b\u1ea1n c\u00f3 th\u1ec3 t\u1eeb trang b\u1ecb c\u00e1c thi\u1ebft b\u1ecb m\u1edbi. N\u00f3 c\u00f3 th\u1ec3 l\u00e0 nh\u1eefng n\u1ed7 l\u1ef1c t\u1ed1t cho b\u1ea1n v\u00e0 \u0111\u1ec3 r\u00f2 r\u1ec9 ho\u00e0n to\u00e0n, t\u0103ng k\u00edch th\u01b0\u1edbc c\u1ee7a n\u00f3, v\u00e0 bao g\u1ed3m c\u00e1c thi\u1ebft b\u1ecb m\u1edbi, c\u00e1c \u0111\u01a1n v\u1ecb, qu\u1ea7y, v\u00e0 th\u1eadm ch\u00ed c\u1ea3 s\u00e0n nh\u00e0. C\u00f3 m\u1ed9t s\u1ef1 \u0111\u1ed5i m\u1edbi h\u1ed7 tr\u1ee3 trong khu v\u1ef1c nh\u00e0 b\u1ebfp c\u1ee7a b\u1ea1n ho\u1eb7c tr\u1ea7n nh\u00e0 cao th\u1ef1c s\u1ef1 c\u00f3 th\u1ec3 l\u00e0m cho m\u1ed9t s\u1ef1 kh\u00e1c bi\u1ec7t l\u1edbn trong nh\u00e0 c\u1ee7a b\u1ea1n. SMY nh\u1eadn ra h\u1ea7u h\u1ebft c\u00e1c d\u1ecbch v\u1ee5 trong ng\u00e0nh cung c\u1ea5p  vach ngan thach cao. D\u1ecbch v\u1ee5 c\u1ee7a ch\u00fang t\u00f4i \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 cao b\u1edfi kh\u00e1ch h\u00e0ng c\u1ee7a ch\u00fang t\u00f4i cho c\u00e1c t\u00ednh n\u0103ng kh\u00e1c nhau nh\u01b0 \u0111\u1ed9 tin c\u1eady. Ch\u00fang t\u00f4i lu\u00f4n s\u1eb5n s\u00e0ng gi\u1ea3i quy\u1ebft v\u1ea5n \u0111\u1ec1 v\u00e0 cung c\u1ea5p v\u1eadt li\u1ec7u t\u1ed1t nh\u1ea5t cho th\u1ea1ch cao, b\u1ec1n l\u00e2u."}
{"_id": "87371", "title": "", "text": "yeah but the autonomous cars do things like take them wheels to the gas station and get that automated fill up and pay with a finance algorithm and they clearly take themselves to the car wash maybe these cars need to be different so that interior and exterior can survive a power wash ..."}
{"_id": "87375", "title": "", "text": "The monthly payment difference isn't that great On a $300K loan, the 30 year monthly payment (at 4%) is $1432, the 15 year (at 3.5%) is $2145, that $712 per month, or 50% higher payment. $712 is the total utility or food bill for a couple. If that $1432 represents 25% of income (a reasonable number) then $2145 is over 35%. I'd rather use that money for something else and not obligate myself at the start of the mortgage.  Given how little we save as a country, the $712 is best put into a matched 401(k) in the US or other retirement account if elsewhere."}
{"_id": "87379", "title": "", "text": "\"@farnsy has provided a good answer. I'm only addressing my comment about the data quality. The portfolio optimization technique you employed is very sensitive to the inputs. In particular, it relies entirely on the mean and (co)variance assumptions (i.e. the first two moments) and the results could change drastically with very small amount of change in the inputs. To see that, you can make up some inputs for the solver you have, and try adjusting the inputs a little bit and see the results. Therefore if you decide to take this approach, data quality is very crucial. EDIT: What I meant by \"\"data quality\"\" I have no experience with this website but this should be easy to spot check. The answer is usually \"\"yes\"\" for liquid assets. Illiquid assets can often be priced at a level with no volume, and the bid-ask spread could be huge.  Should I close my eyes on the fact that these cryptocurencies aren't perfectly priced in my currency and use another one (such as the dollar) You seem to have concern about data quality in at least the price quoted in your currency and are thinking about using data quoted in USD, but would it be any better? The law of one price tells us that there shouldn't be any discrepancy between prices in different currencies (otherwise there would be arbitrage). In addition, (when compared to traditional assets) cryptocurrency price data has a shorter data history, and with lower liquidity in the market. The short history means you have less data to infer the characteristics of the price behavior. Low liquidity means the volatility may well be underestimated. So we have an input-sensitive technique combined with not-so-perfect data. I wouldn't allocate my money solely based on the result of this exercise. EDIT: I have quite some reservation about doing portfolio optimization for cryptocurrency. Personally I'm not a fan of the technique as is. The optimization has an underlying assumption that returns follow a certain distribution, and correlation is fixed. I don't know if you can make such assumption for cryptocurrencies. From what I read about BTC for example, it seems to have a high risk exposure concerning Chinese monetary policy. For that kind of assets perhaps a fundamental analysis approach is a better one.  Also if you would like to learn more about portfolio optimization, try quant.SE\""}
{"_id": "87386", "title": "", "text": "To bring more clarity to the issue, Viriato will be entitle to deduct property tax depending upon whether he is claiming standard deduction (which varies on some factors including filling as married or single) or itemized deduction. If he is claiming, itemized deduction Example 1 is correct. Example 2 suffers from another mistake. He can get refund of only income tax portion of $5000 and not $5000."}
{"_id": "87398", "title": "", "text": "I am currently trying out some variations (moving terms around ...) of the formula for the present value of money The relationship between yield and price is much simpler than that. If you pay \u00a31015 for a bond and its current yield is 4.69%, that means you will receive in income each year: 4.69% * \u00a31015 = \u00a347.60 The income from the bond is defined by its coupon rate and its face value, not the market value. So that bond will continue to pay \u00a347.60 each year, regardless of the market price. The market price will go up or down according to the market as a whole, and the credit rating of the issuer.  If the issuer is likely to default, the market price goes down and the yield goes up. If similar companies start offering bonds with higher yields, the market price goes down to make the bond competitive in the market, again raising yield. So if the yield goes up to 4.87%, what is the price such that 4.87% of that price is \u00a347.60? \u00a347.60 / 4.87% = \u00a3977.48 Another way to think of it: if the yield goes up from 4.69% to 4.87%, then yield has increased by a factor of: 4.87% / 4.69% = 1.0384 Consequently, market price must decrease by the same factor: \u00a31015 / 1.0384 = \u00a3977.48"}
{"_id": "87402", "title": "", "text": "\"They have forever to collect a balance from you.  Furthermore they can add whatever penalties and fees they wish to increase that balance.  Worst of all, they don't have to remind you or send you bills or any other notification.  You owed it when you left the office.  (There very well could be local laws that require notifications, but that isn't really the issue here.) That dentist has every right to deny you service until you settle the account.  Forever. The statute of limitations on collecting that debt via court: http://www.bankrate.com/finance/savings/when-does-your-debt-expire.aspx Which covers the rules on HOW LONG they have to collect the debt.  Owing the money is one thing, but the rules and tools that you creditor has to collect the debt are another.  You are probably worried about them suing you. But if you don't pay the debt (or settle in some way), that dentist can refuse to provide services to you, even if they write off the debt. Ways you can be punished by your dentist for not paying the bill are: Depending on your jurisdiction and/or type of debt, they typically only report it on your credit (if they are reporting at all) for 7 years.  Even if you pay and settle the account, it will still be reported on your credit report for 7 years.  The difference is how it is reported.  They can report that \"\"user133466 is a super reliable person who always pays debts on time\"\".  They can say \"\"user133466 is a flake who pays, but takes a while to pay\"\".  Or they can say \"\"user133466 is a bad person to provide services before collecting money, because user133466 don't pay bills\"\". Other people considering lending you money are going to read these opinions and decide accordingly if they want to deal with you or not. And they can say that for 7 years.  The idea of credit reporting is that you settle up as soon as possible and get your credit report to reflect the truth. One popular way to collect a debt to is to sue you for it.  There, each state has a different time period on how long a creditor has to sue you for a debt. http://www.bankrate.com/finance/credit-cards/state-statutes-of-limitations-for-old-debts-1.aspx If you pay part of the debt, that will often reset the clock on the statute of limitations, so be sure any partial or negotiated settlements state very clearly, in writing, that payment is considered payment in full on the debt.  Then you keep that record forever. There are other interesting points in the Fair Debt Collection Practices Act.  See Debt collectors calling? Know your rights.  They can only contact you in certain ways, they must respond to you in certain ways, and they have limits on what they can say, who they can say it to, and when they can say it.  There are protections from mean or vicious bill collectors, but that doesn't sound like who you are dealing with.  I don't know that the FDCPA is a tool you need to use in this case. You should negotiate your debt and try your best to settle up.  From your post, both parties dropped the ball, and both parties should give a little.  You should pay no or minor late fees, and the doctor should report your credit positively when you do so.  If you both made honest mistakes, they both parties should acknowledge that and be fair, and not defensive. This is not legal advice.  But you owe the debt, so you should settle up.  I don't think it is fair for you to not pay because they didn't mail you a paper.  However I also do not think it is fair for the doctor to run up fees and not remind you of the bill. Finally, you didn't bring up insurance or many other details.  Those details can change the answer.\""}
{"_id": "87423", "title": "", "text": "I actually initiated the program by walking in and talking to the SFA. We sat down and talked about how I would advise clients on possible investment strategies. Most people would act as if I kicked their dog, but I guess Americans appreciate their Saturdays, which is understandable.   I got a few bites where a client with a $250,000 money-market account questioned me on a few banking opportunities and so I passed him on to one of our banking specialists (who earn commission) and I didn't see a fucking dollar of that."}
{"_id": "87435", "title": "", "text": "Workers don't always create value, though. If a capitalist that owns a company has a vision for something and they piece together a team of marketers and salesman, engineers, managers, and workers, then the value that's being created is based on the initiative of the capitalist. The producers and others involved in the creation of the item or service are a part of that, sure. But the idea that each one of them is going to be given a portion of the margins on that item outside of what their pay is based on is simply ludicrous when the only one risking their actual money is a capitalist."}
{"_id": "87436", "title": "", "text": "Every year stories like this come out. Every year the US does not default on its debt. We all should know by now that the US, as a financially sovereign nation that issues its own currency, cannot default on its debt. This fearmongering is just a click-baity waste of time, and yes, a waste of money."}
{"_id": "87451", "title": "", "text": "Corona, CA-(May 14th, 2013)-Throw away the messy glue and stick to a fresh idea with Koyal Wholesale\u2019s all new [Washi Tape Collection](http://www.koyalwholesale.com/news/index.html&amp;zenid=320122e77f52f55413d488e69b464eed). Also referred to as Japanese tape, these fun, friendly and useful adhesives merge the conventional purposes of craft paper and tape, and add a dose of style with over 150+ collectible prints to choose from.   The first in its series, these washi tape adhesives include a variety of colors, styles and prints to suite all needs and expectations. These decorative selections include fun classic patterns like Striped washi tapes, Damask washi tapes, Floral Circles washi tapes, Spanish Tile washi tapes, Chevron washi tapes and Polka Dots washi tapes. In addition, [Koyal](http://www.koyalwholesale.com/) also offers styles in colorful prints like the Floral Rose washi tape collection, Floral Daisy washi tape collection, stars washi tape collection, Valentine\u2019s Hearts washi tape collection, Vintage washi tape collection, Mustache washi tape collection, Wedding washi tape collection, and Birthday washi tape collection. Each tape measure about 10 yards or 15 mm wide, and is easily removed and repositioned when needed.   Washi paper, first produced in Japan, refers to a type of paper typically used for hand-made arts and crafts such as origami, a form of Japanese hand-crafting. Utilizing this concept and adding in an adhesive purpose, these Japanese decorative tapes are great for a variety of practices including scrap-booking, event decorating, gift wrapping, as dessert table embellishments, and other DIY (do-it-yourself) arts and crafts.   Wrap them around cake pop sticks or vintage paper straws, embellish your wooden cutlery, or use them over sticks as pennant flags to pair with your favorite cupcake wrappers, also available at Koyal Wholesale. Shop now and get stuck on all of Koyal\u2019s Washi Tape styles offered!"}
{"_id": "87465", "title": "", "text": "Private sector jobs are way above the pre-recession peak. The only reason there aren't more total jobs than before the recession is [enormous public sector layoffs](http://www.calculatedriskblog.com/). The fact that there has been some rebound in government hiring isn't really a bad thing."}
{"_id": "87466", "title": "", "text": "I beg to differ: Israel has an incredibly well managed central bank, and the usury market is wonderfully competitive.  It's a shame Stanley Fischer has retired.  His management is the case study in central bank management. Rates are low because inflation is low.  The nominal rate is irrelevant to return because a 2% nominal return with 1% inflation is superior to a 5% nominal return with 9% inflation. A well-funded budget is the best first step, so now a tweak is necessary: excess capital beyond budgeting should be moved quickly to internationally diversified equities after funding, discounted and adjusted, longer term budgets. Credit will not pay the rate necessary for long term investment.  Higher variance is the price to pay for higher returns."}
{"_id": "87480", "title": "", "text": "I agree but...  ( i didn't read the article in its entirety!)  but if her business was grossing $300k per year...  and for her to fall so hard in such a short time, tells me that even with such a large income, she was still living beyond her means."}
{"_id": "87482", "title": "", "text": "\"&gt;They compensate me fairly for doing work that I mostly enjoy.  I cant relate to your sentiment.  I work for an intercontinental grocery company, as a Janitor and Stocker for one of their local stores in the US.  I work swing shift for minimum wage as a Part Time employee.  No benefits.  Meanwhile, I sometimes work 15 hour shifts (anything over 12 is illegal for part timers, iirc).  I have worked every hour of the 24 hour clock inside the span of three days, and still not seen a day off for another week, while still not earning overtime for that week.  I've gotten 8 hours some weeks, and 39.8 hours other weeks, without any predictability.    I cannot even fully trust the work schedule they publish on Thursday for the following week beginning that coming Sunday.  With as little as three days notice with the posted schedule, I am on call to work, or have my shift cancelled, even after I am clocked in for that shift.  In the end, I am on call 24/7.  And I'm even expected to actively \"\"represent the company\"\" while off the clock, as free advertising.  No, not simply the \"\"don't do anything that would reflect poorly on your employer,\"\" but to actively (without any structured guidance, because that would turn it into labor, and necessitate pay) talk with neighbors and strangers about our low low prices.  If we don't spend our own free time to study the ads and specials, we recieve a public shaming among our peers.    There is not a single thing that I enjoy about my job.  Some of the other people working there aren't half bad.  But the best ones usually walk out or get fired for wanting little things like \"\"respect\"\".  I actually went to college.  I have job skills.  I almost didn't get hired because of this - but you know, I convinced them I was desperate to have *something* getting me by.  A few former college classmates who also work/ed there vouched for me on that.  I've charted how the quantity of most products going off of special that our computers order actually assumes the same number of sales as when it was *on special!*  I was in the process of deriving a better algorithm for this... and I enjoy *that* work.  But after I pointed this problem out to my manager, I was laughed at.  We literally throw away entire dumpsters full of product every month because it passes the expiration date, and management groans and complains about this. Yet my observation of how this happens was laughed at and shrugged off.  And just the icing on this cake: I still haven't gotten that second work shirt that I was promised after 90 days.  I've been there for 8 months.  Those long hours on back to back to back days don't always give me the opportunity to do laundry.  Then they complain when I reek at work, sweating as I rush the 20+ pound boxes of cat litter onto the shelves.    Fuck 'em.  Fuck 'em hard, fuck 'em long, and fuck 'em with something hard, sandpapery, and with splinters.  Gimme a few more months to demonstrate that I can hold a job, and I'm going to get a job at...   Fuck, everywhere else around here is just like this, and I don't know the people or have a portfolio of works in fields where I could actually use my Math degree.\""}
{"_id": "87487", "title": "", "text": "The stupid thing is, people will probably not mute the television anymore and end up listening to the ad.  Advertisers are like overstimulated children. They probably know they shouldn't do something so completely obnoxious but they're too fucking tryhard to control themselves."}
{"_id": "87499", "title": "", "text": "\"That was a little longer than five minutes, more like twenty. Fire isn't really a \"\"product\"\". Wireless capabilities - be more specific.   Theft implies that you didn't implicit mean for it to be taken. The fact that you live here, and are a citizen relays *implicit* concession to *give* that money to the government.   So, let's hear it - what is this \"\"better way to collect revenue\"\"?\""}
{"_id": "87512", "title": "", "text": "IB will get you in the ballpark but Lightspeed obviously for the more low latency stuff. You can colo w Lightspeed at Nasdaq and can get direct market data feeds etc. that's not something I'd recco for someone starting out... Expensive for most budgets. Once you get going though, worth it. IB will let you work with opportunities on the 50-100ms level.  I don't think telling these guys to go with NewEdge from day one and colo globally would really help anyone get started algo trading. Wouldn't have the capital or scale. Trying to give actual useful advice to them."}
{"_id": "87520", "title": "", "text": "Things earned can be easily taken away in a time of crisis with the flick of a pen, you are probably better off preparing yourself by means of being self-sufficent, independant, capable and skilled in a profession that is likely to be in demand regardless of the crisis at hand. Bad things will happen to you, it might be the stock market or the rise of hyper-intelligent bunnies, a good investor would say diversify your risk and be prepared for anything."}
{"_id": "87529", "title": "", "text": "Maximum FSA contribution amounts are set by the IRS.  For tax year 2015 you are allowed to place no more than $2,550 (and same maximum for 2016) in an FSA account, tax-free.   Your employer's plan year is not relevant to the IRS for this purpose. It's important to note that one interesting benefit to FSA accounts is the full amount of your annual contribution is available to you on the first day of the plan year; it is not a money-in money-out plan."}
{"_id": "87535", "title": "", "text": "I don't quite understand the NYSE argument that the credit system helps NASDAQ undercut NYSE on pricing and force brokers to trade on NASDAQ. I thought if you were trading a stock listed on NASDAQ, you traded through them and if you were trading a stock listed on NYSE, you'd trade over there. The choice of exchange coming down to the stocks you want to trade more than anything. Are the exchanges also acting as endpoints on trades for securities listed on the other exchange?"}
{"_id": "87546", "title": "", "text": "That's some really fucking stupid reasoning.  Cost of production has no bearing on how much something is worth.  That's why a fashion brand can sell a t-shirt they made for 5 bucks for 200 and an unsuccessful business will manufacture stuff and then sell it at a loss hoping to break even in the future.   Anyone could invent a crypto coin that costs 1 billion to mint one.  Doesn't mean it's worth 1 billion if nobody is willing to pay that for it.  It means if you spent 1 billion making one, you're a moron."}
{"_id": "87547", "title": "", "text": "So you're saying it doesn't make economic sense to mine? That is very much already the common consensus within the Bitcoin community, it is too late for most to get into the mining game at this point. It is still a necessary process though because the proof of work is what secures the network against attacks. That said, Bitcoin is not the only cryptocurrency, and there are other coins are mined in more efficient manners."}
{"_id": "87548", "title": "", "text": "&gt; It seems like another way to have more artificial leverage in the future market, without having to borrow any money.   Leverage is plentiful in the futures markets, and without borrowing.  &gt; Why aren't future options talked about more?   Because they don't as easily connect to predictions that people mean to make. Because they have worse pricing because people are paying more along the way. Because they lack volume.  But they're talked about and used plenty. There's not much to them that there isn't to equity options at a low level.  &gt; It seems like a safer way to play commodities compared to just futures.  You mean hedging your futures contracts? Yes, the people who want to do that buy options."}
{"_id": "87550", "title": "", "text": "I flew almost 80 times last year.  Unless you're flying Spirit or one of those other garbage airlines, it's not nearly as bad as you make it out to be.  Yes, there will be flights where the person in the middle is taking up some of your seat.  Fly with Virgin, Delta or American and it's not that bad.  Not to mention there are plenty of Economy Plus seats on airlines now that provide extra room but also aren't 2x-3x the cost like First Class is."}
{"_id": "87563", "title": "", "text": "This is me. Maryland Live Casino / Charlestown are way closer to me (being in Virginia), they are nicer, newer, and much more lively.  My friends and I used to road trip to AC once a year. Now, I'll be surprised if I ever visit again given my options."}
{"_id": "87580", "title": "", "text": "What is the relationship between inflation and interest rates? notes a relationship between inflation and interest rates that would suggest high inflation would imply higher interest rates that would mean less loans as money becomes more expensive in a sense. In contrast, in times of low inflation then rates may be low and thus there is a greater chance of people and businesses wanting loans."}
{"_id": "87608", "title": "", "text": "First a business should produce where it can most efficiently produce product.  If I make clothing and I can get 16 times the work force making 16 times the t shirts I would go there.  By introducing more t shirts to the market I make them cheaper to buy for consumers like yourself.  20 years ago did you own a computer?  How much was it to buy?  How much would a computer cost now?  What kind of things do you own now compared to 20 years ago?  Every has much more buying power now than 20 years ago."}
{"_id": "87626", "title": "", "text": "As we know Logix cyber park sector 62 Noida is one of the leading IT Business park which is loaded with all modern amenities. Many MNC operates here 24 X 7 you will also find public convince, food , safety in the night6 hours also. If you are looking office space in  Logix cyber park sector 62 Noida then call us at 9910006454."}
{"_id": "87629", "title": "", "text": "Also find a way to sell some products to people you drive so they spend more money with you. For example a photo of them on your TukTuk or a small toy TukTuk that's also colored yellow like yours. People will buy them for those kids and for memories"}
{"_id": "87632", "title": "", "text": "I work for a very large company and had a similar situation where I got threatened with my life and when I attempted to quit they wouldn't allow it. I contacted HR, and they didn't do anything. It got to the point of lawyering up to develop a lawsuit; however, filing a lawsuit would make it impossible to find another job.   Best thing to do, find another job. Leave on a high note, and do whatever it takes to avoid them. If you get contacted on why, explain and leave professionally."}
{"_id": "87640", "title": "", "text": "\"BLUF:  Your question is subjective and as such, the answer varies from person to person.   The rent you \"\"should be\"\" paying is the tricky part.  Minimum is whatever is the least you can find.  Maximum is the most you can afford.  To be financially responsible, you would live as close to that minimum as you can bear.  However, this can cause stress if you are trying to subsist on lower than you can actually bear. You have certain expenses that are required to survive.  Housing, clothing, food.  These are your needs.  Everything else is convenience or luxury. Best way to develop a budget is to list the categories of everything you have spent over several months.  Figure out a monthly amount for each one.  Divide them up into groups of things you need, things that make life bearable, and things you can do without.   Then start with your income and figure out how much you bring home each pay period.  When you get paid, allocate the money to your needs until they're all covered.  If there's anything left, fund the second group, then on to the third.  Continue tracking your spending and adjust where you allocate the money.  After 2-3 months, you'll start having a decent idea on how much you actually spend on each category.  You'll probably find areas where you're spending a lot more than you realize.   The method I've just described is the one advised by \"\"You Need a Budget\"\" software, but you don't need the software to use the method.  Though it does help. Also, if there's any debt, that goes in with the 'needs' because we all need to pay our bills.\""}
{"_id": "87642", "title": "", "text": "You are still not immune to automation. Unless you own said major corporation you will eventually be booted due to a streamlined algorithm that does your job better than you 1000x faster and cheaper. Yes even coding can be done by algorithms. Good for you for learning new skills but it only delays the inevitable. That is why it is productive having a conversation about what to do when mass employment is a thing of the past, especially since we have already been feeling the effects of automation for the past 10 or so years. I can assure you that shouting at people to pull themselves up by their bootstraps is not the answer."}
{"_id": "87646", "title": "", "text": "Paying extra principal is not a complicated decision. You have a rate, say 5%. And you have an after tax rate, say, 3.75% (if you are in the 25% bracket and it's all deductible)  Are you happy to get a 3.75% after tax return?  If you have a retirement plan, and are not getting the full company match, that would be the first priority.  If you have other debt, say a 10% credit card, that's the next priority.  Is the sale soon? If so, I'd imagine you'd prefer to stay liquid, to have the next down payment ready without needing to rent in between."}
{"_id": "87655", "title": "", "text": "Are you in a search of limousine service in Orange County? Your search ends at DLS Transportation. We provide Limos, Stretched Hummer, Escalade Limo, Mercedes Benz in orange country for your very special occasions, party, weddings, events etc. We can take you anywhere in Orange County, San Diego, and Los Angeles."}
{"_id": "87659", "title": "", "text": "\"This effect has much empirical evidence as googling \"\"dividend price effect evidence\"\" will show. As the financial economic schools of thought run the gamut so do the theories.  One school goes as far to call it a market inefficiency since the earning power thus the value of an equity that's affected is no different or at least not riskier by the percentage of market capitalization paid. Most papers offer that by the efficient market hypothesis and arbitrage theory, the value of an equity is known by the market at any point in time given by its price, so if an equity pays a dividend, the adjusted price would be efficient since the holder receives no excess of the price instantly before payment as after including the dividend since that dividend information was already discounted so would otherwise produce an arbitrage.\""}
{"_id": "87667", "title": "", "text": "This is a note from my broker, CMC Markets, who use Morningstar: Morningstar calculate the P/E Ratio using a weighted average of the most recent earnings and the projected earnings for the next year. This may result in a different P/E Ratio to those based solely on past earnings as reported on some sites and other publications. They show the P/E as being 9.93. So obviously past earnings would usually be used but you would need to check with your source which numbers they are using. Also, as BHP's results just came out yesterday it may take a while for the most recent financial details to be updated."}
{"_id": "87675", "title": "", "text": "Same question had popped up in our office,and we got an answer from one of the senior colleague. He said that we can call it CARC (Compounded Annual Rate of Change)."}
{"_id": "87688", "title": "", "text": "\"It seems like the argument is based in the idea that if you are going to be working 1 or even 2 minimum wage jobs while having trouble feeding/clothing/housing yourself, and ultimately have to leave the city because of that, how is that functionally different than not working? I live in San Francisco and there is a massive problem here with staffing in the service industry because restaurant employees can't afford to live within commuting distance of work.  I do think that the \"\"something's gotta break\"\" line of logic is tough because we're talking about people's lives, but I understand the futility of working more than full time to not be able to afford a livelihood as well.\""}
{"_id": "87690", "title": "", "text": "Fan?  Nah, I mean I own an ipod but whatever, it's just an mp3 player.  More to the point, I'm just not a presumptuous prick and I try not to get all emotional about some dude who ran a company, *ONE WAY OR THE OTHER*.    You're just as bad as every asshat that was writing WE LOVE YOU STEVE post it notes on apple stores, you're just the other end of that spectrum, but still just as much of a dick."}
{"_id": "87691", "title": "", "text": "The affordability of homes pales in comparison to the cluster fuck that would come about with a drop in population, who\u2019s going to pay for your pension and all the other things that prop up modern society\u2019s. The current pensioners have spent all our wealth, and we in turn have heavily indebted the next generation(s). It\u2019s a ticking time bomb in Europe, Germany is just ahead of the game... as usual."}
{"_id": "87696", "title": "", "text": "Source, see if you have access to it Convertible notes are often used by angel investors who wish to fund businesses without establishing an explicit valuation of the company in which they are investing.    When an investor purchases equity in a startup, the purchase price of the equity implies a company valuation.  For example, if an investor purchases a 10 per cent ownership stake in a company, and pay $1m for that stake, this implies that the company is worth $10m. Some early stage investors may wish to avoid placing a value on the company in this way, because this in turn will affect the terms under which later-stage investors will invest in the company.  Convertible notes are structured as loans at the time the investment is made.  The outstanding balance of the loan is automatically converted to equity when a later equity investor appears, under terms that are governed by the terms set by the later-stage equity investor.  An equity investor is someone who purchases equity in a company. Example:- Suppose an angel investor invests $100,000 using a convertible note.  Later, an equity investor invests $1m and receives 10% of the company's shares.  In the simplest possible case, the initial angel investor's convertible note would convert to 1/10th of the equity investor's claim.  Depending on the exact structure of the convertible note, however, the angel investor may also receive extra shares to compensate them for the additional risk associated with being an earlier investor The worst-case scenario would be if the issuing company initially performed well, meaning that the debt would be converted into shares, and subsequently went bankrupt. The converted shares would become worthless, but the holder of the note would no longer have any recourse. Will twitter have to sell their offices and liquidate staff to close this debt? This depends on the seniority(priority) of the debt. Debt is serviced according to seniority. The higher seniority debts will be paid off first and then only the lower seniority debts be serviced. This will all be in the agreements when you enter into a transaction. When you say liquidate staff you mean sell off their assets and not sell their staff into slavery."}
{"_id": "87706", "title": "", "text": "\"I wouldn't try to tell him what he should do, nor would I provide any financial assistance. Invite him over and tell him how a Dave Ramsey book changed your life or something so that you aren't the one telling him what to do. People in fundamentally and persistently bad situations are like people with addiction problems... they tend to end up \"\"killing the messenger\"\" before internalizing that they are in a bad situation. They need to hit rock bottom before you can really help.\""}
{"_id": "87709", "title": "", "text": "Bezos is not a Billionaire because of WaPo, and neither Carlos Slim from Mexico is a Billionaire from owning NYT.  Bezos is reach from Amazon, and he acquired the failing WaPo to advance his political agenda while writing off all the loses from WaPo to reduce his tax bill.  Same with Carlos: he makes money from Telecom in Mexico and he NYT is just for political reasons and tax saving."}
{"_id": "87719", "title": "", "text": "\"Obviously  what you know of him based upon the products that he sold is enough for you, as some random dickhead on the internet, to be able to know his \"\"true nature\"\".  You know just as little as the rest of the world.  Shut the fuck up.\""}
{"_id": "87720", "title": "", "text": "\"Chris, Joe's table helps.  but think this way:  there are two ways you can pay the taxes for your side-gig:  either you can send a check quarterly to the Feds, OR, you can overwithhold at your real job to cover taxes at your sidegig.  I'd do this in \"\"arrears\"\" -- after you get your first paycheck from sidegig, then adjust your real job's withholding. Except (and Joe neglected this), you're still responsible for Social Security / Medicare Tax from your sidegig.  I suspect your income at real-job is high enough that you stop paying Social Security Tax, so at least at this time of year you won't be subject to 15.4% Social Security Tax.  However, that's NOT true for the 2.9% Medicare Tax.  Remember that because you're an independent contractor being payed without withholding, YOU are responsible not only for the Medicare (and Social Security) taxes you'd be responsible for if a regular employee, but you're also responsible for what your employer's share as well.\""}
{"_id": "87722", "title": "", "text": "In my opinion, if you are doing long-term investing, this is a non-issue.  The difference of hours in being able to trade an ETF during the day vs. only being able to trade a traditional mutual fund at day-end is irrelevant if you are holding the investment for a long time. If you are engaging in day trading, market timing, or other advanced/controversial trading practices, then I suppose it could make a difference. For the way I invest (index funds, long-term, set-it-and-forget-it), ETFs have no advantage over traditional mutual funds."}
{"_id": "87771", "title": "", "text": "\"I would normally take a cautious, \"\"it depends\"\" approach to answering a question like this, but instead I'm going to give you a blunt opinionated answer based solely on what I would do: Even the crap. Get rid of them and get into the boring low fee mutual funds.  I was in a similar situation a few years ago, almost. My retirement accounts were already in funds but my brokerage account was all individual stocks.  I decided I didn't really know what I was doing despite being up by 30+% (I recognize that it was mostly due to the market itself being up, I was lucky basically). The way I cashed out was not to sell all at once. I just set up trailing stops on all of them and waited until they hit the stops. The basic idea was that if the market kept going up, the point at which they got sold also went up (it was like a 10% trail I think), and once things started to turn for that stock, they would sell automatically.  Sure I sold some at very temporary dips so I missed out on some gains but that's always a risk with a trailing stop and I really didn't care at that point.  If I had to do it again, I might forget all that and just sell all at once.  But I feel a lot better not being in individual stocks.\""}
{"_id": "87782", "title": "", "text": "\"Republican \"\"leaders\"\" say \"\"Fuck you democrats and fuck you even more voters!\"\": Democrats say \"\"wha wha wha\"\". Nobody gives a shit about this country any more. France offered to take in US scientists though, I guess that's the only option nowadays\""}
{"_id": "87786", "title": "", "text": "\"Yes, in your laughably reductionist view, the average scores of black people are lower than the average scores of white people (which are lower than East Asians and Indians), so in your view that would make them stupider, on average. But that's a very misleading and superficial conclusion to draw from everything I've just covered.  You have no sources for your baseless criticism of the IQ metric, you have no understanding of the relative variance between heritable intelligence and individuals, and you have no understanding of how genetics works.  You're clueless, and your attempts to make a data-driven science into \"\"wah wah I interpret this as WAYCISST\"\" is truly funny as fuck. Thanks for the luls!\""}
{"_id": "87790", "title": "", "text": "Before you save too much, have a look at this: http://www.lowestcostcolleges.com The writer of this is working with a guy who has a bachelor's degree at age 18.  Not an associate's, a bachelor's. The cost was something like $15,000, total, and the kid paid for it himself.  No debt."}
{"_id": "87792", "title": "", "text": "Get instant eApproval for your Personal Loan by providing few details. Follow a simple few steps &amp; meet your all sorts of financial needs such as furnishing your home or a family holiday, buying your dream vehicle, unexpected expenses with minimal documentation."}
{"_id": "87811", "title": "", "text": "I don't know too much about the kelly criterion, but going by the other answers it sounds like it could be quite risky depending how you use it. I have been taught the first thing you do in trading is protect your existing capital and any profits you have made, and for this reason I prefer and use Position Sizing (PS). The concept with PS is that you only risk a small % of your capital on every trade, usually not more than 1%, however if you want to be very aggressive then not more than 2%. I use 1% of my capital for every trade. So if you are trading with an account of $40,000 and your risk R on every trade is 1%, then R = $400. As an example, say you decide to buy a stock at $10 and you work out your initial stop to be at $9.50, then our maximum risk R of $400 is divided by the stop distance of $0.50 to get your PS = $400/$0.50 = 800 shares. If the price then drops after your purchase, your maximum loss (subject to no slippage) would be $400.  If the price moves up you would raise your stop until your potential loss becomes smaller and smaller and then becomes a gain once your stop moves above your initial purchase price. The aim is to make your gains be larger than your losses. So if your average loss is kept to 1R or less then you should aim to get your average gains to 2R, 3R or more. This would be considered a good trading system where you will make regular profits even with a win ratio of 50%."}
{"_id": "87820", "title": "", "text": "If only there was some kind of balance, you know a way to provide services that are essential, and maybe even have an elected body control natural monopolies, without having to become a totalitarian regime and still maximize standard of living."}
{"_id": "87831", "title": "", "text": "Bk loses money in the united states? last year they posted a 233 million dollar profit based on 1.14 billion in sales.... looks like they are just trying to weasel out of paying taxes since they think they found a loop hole."}
{"_id": "87841", "title": "", "text": "It's clearly enough of an issue that a significant number of people complained, Coke stopped producing the white cans and reverted back to red. While I agree in theory people SHOULD notice the difference, that's not the reality. There's weight in numbers."}
{"_id": "87844", "title": "", "text": "REITs can be classified as equity, mortgage, or hybrid. A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. Trades like equity but the underlying is a property ot mortgage. So you are investing in real estate but without directly dealing with it. So you wouldn't classify it as real estate. CD looks more like a bond.If you look at the terms and conditions they have many conditions as a bond i.e. callable, that is a very precious option for both the buyer and seller. Self occupied house - Yes an asset because it comes with liabilities. When you need to sell it you have to move out. You have to perform repairs to keep it in good condition. Foreign stock mutual fund - Classify it as Foreign stocks, for your own good. Investments in a foreign country aren't the same as in your own country. The foreign economy can go bust, the company may go bust and you would have limited options of recovering your money sitting at home and so on and so forth."}
{"_id": "87866", "title": "", "text": "There's a K-Mart across the street from where I work. I *never* go there, and the only reason I would go in is to pick over the carcass if the store was closed. The store looks like it probably did thirty years ago, the merchandise is junk, the selection is piss-poor, they can't compete on price and the people working there don't give a crap."}
{"_id": "87873", "title": "", "text": "&gt; Theres so much alarmist populism on reddit  Should there be less 'alarmist' posts?  And did you find my previous post alarming? I'm not calling for our current economic structure to be changed today or tommorow. I just wrote out, as simple as possible, how I see capitalism and why I see it that way.  Should people not express desent?  Do you not think, that if a lot of people are saying the same thing, there might be a reason for it?  I agree that there is a lot of ignorant ideas posted here. Sometimes I post something, only to realize a day later, I said something very ignorant. The flip side of it is, if I had kept silent, I may still hold some of my wrong beliefs.   **edit**: Sorry about the ramble. :D"}
{"_id": "87879", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.thelowdownblog.com/2017/06/why-data-centric-companies-will-devour.html) reduced by 88%. (I'm a bot) ***** &gt; The Amazon-Whole Foods deal signals the dawn of an era in which data-centric web companies will buy more and more real-world assets and seek to turn those into even more data about consumer preferences and behavior.  &gt; The B2C companies with the cleanest and most comprehensive data sets on customer behavior will be the ones that are best positioned to leverage emerging AI strategies and techniques, as Amazon does.  &gt; Companies with high-quality data sets will be better set up for success, and for those without, now is the time to make it a priority.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6k3etz/why_datacentric_companies_will_devour_everyone/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~154801 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **data**^#1 **Amazon**^#2 **customer**^#3 **company**^#4 **buy**^#5\""}
{"_id": "87881", "title": "", "text": "Perfect, really needed an ELI5 scenario.  So correct me if I'm wrong, what this means is having an NPV of zero of an investment shows that you will be definitely breaking even - and that's better than just having your money lying around doing nothing.  Now let's take a PE example. Why is it that they prefer having an IRR of 20% or more. Why not less?   Is it because 20% takes care of the cost of capital and more? I.e. if your IRR is greater than your cost of capital, it means that all the outflows from the cost of capital still result in an NPV of zero.  But if your IRR is less than your cost of capital, that means you'll make a loss. Correct?  Thanks for your time on this."}
{"_id": "87884", "title": "", "text": "At this company, you can get building site signs in an infinite range of colours to suit formal building requirements, evening venues, playgrounds and every other thing. They are made from high quality laminate, Perspex or aluminium."}
{"_id": "87898", "title": "", "text": "The government that lies to you about weapons of mass destruction in Iraq, about Iraq\u2019s al Qaeda connections, about the Taliban in Afghanistan, about Osama bin Laden, about Libya and Gadhafi, about Iranian nukes, about Syria, about Pakistan, about Yemen and Somalia, about Bradley Manning, about Julian Assange and Wikileaks, indeed about everything under the sun, also lies to you about jobs, unemployment, economic recovery, GDP growth, 9/11, the \u201cterrorist threat,\u201d everything. Try to find anything that the government has said over the past 6 presidential terms that is not a lie."}
{"_id": "87915", "title": "", "text": "\"Typically investing in only two securities is not a good idea when trying to spread risk. Even though you are in the VTI which is spread out over a large amount of securites it should in theory reduce portfolio beta to zero, or in this case as close to it as possible. The VTI however has a beta of 1.03 as of close today in New York. This means that the VTI moves roughly in exact tandem as \"\"the market\"\" usually benched against the S&P 500, so this means that the VTI is slightly more volatile than that index. In theory beta can be 0, this would be akin to investing in T-bills which are 'assumed' to be the risk free rate. So in theory it is possible to reduce the risk in your portfolio and apply a more capital protective model. I hope this helps you a bit.\""}
{"_id": "87922", "title": "", "text": "I would read any and all of the John Bogle books.  Essentially:  We know the market will rise and fall.  We just don't know when specifically.   For the most part it is impossible to time the market. He would advocate an asset allocation approach to investing.  So much to bonds, tbills, S&P500 index, NASDAQ index.  In your case you could start out with 10% of your portfolio each in S&P500 and NASDAQ.  Had you done that, you would have achieved growth of 17% and 27% respectively.  The growth on either one of those funds would have probably dwarfed the growth on the entire rest of your portfolio.  BTW 2013 and 2014 were also very good years, with 2015 being mostly flat. In the past you have avoided risk in the market to achieve the detrimental effects of inflation and stagnant money.  Don't make the same mistakes going forward."}
{"_id": "87931", "title": "", "text": "On the other hand, food producers may suffer losses from consumers being scared of stuff due to cultural differences or misunderstandings. Offal is generally not very popular, and ammonia is Windex which doesn't sound like I should be eating it, but if it's completely food safe, then that's a tough situation to solve."}
{"_id": "87937", "title": "", "text": "Apple did this with the Newton. They had one fairly good model for sale when they announced a much better colour (which was new) model coming up with way better specs.   This basically ended Newton sales, which were required to fund and justify development of the announced Newton.  Not that the Newton was a certain success, it was that this move certainly doomed it."}
{"_id": "87953", "title": "", "text": "The backbone of any Barrier gate, whether automatic or not, is the electric gate motor, the electric device which actually enables the barrier gate to open and close without having to manually push the gate. All types of electric gates and barriers make use of a motor of some kind."}
{"_id": "87977", "title": "", "text": "\"If you owe the money to A, and B owes you money and goes bankrupt, that has no effect whatsoever on your loan from A.   Obviously.   Your best bet -- while you still owe and are owed by the same company -- is either get them to agree to apply your credit to your debt (reducing it to $30,000) -- or rush to the courthouse and ask a judge to order this done.   You want to do this well before the bankruptcy is filed; too close and someone could object to you having been paid preferentially or \"\"out of turn\"\" -- and claw back the money, meaning you now owe it to the bankruptcy trustee.   Your debt to them is, from their perspective, an asset.  It is an asset with a cash value (based on the probability of people in that portfolio paying).  It can be sold to gain some immediate cash instead of more cash over a time period.  This is routine in the debt world.  Before or during the throes of bankruptcy, and depending on what the reorganization plan is, the bank is quite likely to sell your debt to someone else to raise cash - typically a distress sale for a fraction of its principal value (e.g. 20% or $10,000).  That goes into the pool of money to pay creditors such as yourself, and if you're lucky, you'll get some of it.   So good on you, you got $2000 back from the bank and now you owe someone else $50,000.  I'm assuming they owe you $20,000 for IT services or because you put a new roof on their branch, or something like that.  If it's money on deposit at the bank, then two things are true: First, pre-bankruptcy, you can trivially command the bank to dump the entire $20,000 into paying down the debt.  Instantly: done, and irreversible.  The bankruptcy trustee can't claw that back because it was never the bank's money, it was yours.   Second, any civilized country has deposit insurance, which they typically implement by helping another bank buy out your bank, and continue to honor your deposits, so this is seamless and hands-off for you. Your old checks continue to work, your branch just changes their sign.   This deposit insurance has limits, which is only a problem for the very rich (who are dumb enough to put over the limit in one bank).\""}
{"_id": "87979", "title": "", "text": "Yeah, and multiple countries have gotten rid of their penny and the US is considering it. Not a great model to follow.  The fact that it is going up after being created doesn't change the fact that at any given time minting new ones is more or less break even."}
{"_id": "87987", "title": "", "text": "\"The 2 months extension is automatic, you just need to tell them that you're using it by attaching a statement to the return, as Pete Becker mentioned in the comments. From the IRS pub 54: How to get the extension.   To use this automatic 2-month extension, you must attach a statement to your return explaining which of the two situations listed earlier qualified you for the extension.  The \"\"regular\"\" 6 months extension though is granted automatically, upon request, so if you cannot make it by June deadline you should file the form 4868 to request a further extension. Automatic 6-month extension.   If you are not able to file your return by the due date, you generally can get an automatic 6-month extension of time to file (but not of time to pay). To get this automatic extension, you must file a paper Form 4868 or use IRS e-file (electronic filing). For more information about filing electronically, see E-file options , later.  Keep in mind that the due date is still April 15th (18th this year), so the 6-month extension pushes it back to October. Previous 2-month extension.   If you cannot file your return within the automatic 2-month extension period, you generally can get an additional 4 months to file your return, for a total of 6 months. The 2-month period and the 6-month period start at the same time. You have to request the additional 4 months by the new due date allowed by the 2-month extension.  You can ask an additional 2 months extension (this is no longer automatic) to push it further to December. See the publication. These are extension to file, not to pay. With the form 4868 you're also expected to submit a payment that will cover your tax liability (at least in the ballpark). The interest is pretty low (less than 1% right now), but there's also a penalty which may be pretty substantial if you don't pay enough by the due date. See the IRS tax topic 301. There are \"\"safe harbor\"\" rules to avoid the penalty.\""}
{"_id": "87989", "title": "", "text": "\"I used to run a telecommunications construction company and left to go back to school so that I could find a job in a \"\"white collar\"\" industry. Trade work is great when the money flows, but it's so cyclical that the downturns can rip your company/bank account apart.   My sister that stayed in it is making 85k a year and I'm about to start a 45k a year job out of college. I guess I'll know in 5 years if I made the right choice, but I at least have a lot more job mobility than she does.\""}
{"_id": "87998", "title": "", "text": "TaxTips.ca's Federal Tax Rates page has basic information about income tax in Canada, and it states: Canadian federal income tax is   calculated based on taxable income,   then non-refundable tax credits are   deducted to determine the net amount   payable.  For 2009, every taxpayer can   earn taxable income of $10,320 ($9,600   in 2008) before paying any federal   tax. [...] (emphasis mine) Of course there are also provincial taxes to consider, but generally each province has a basic personal exemption amount.  TaxTips.ca's page for Ontario rates lists $8,881 as the basic personal exemption in Ontario, for 2009.  Find other provinces here."}
{"_id": "88004", "title": "", "text": "Ya and they popped because he did, now they're slumping again and he's out with his quick buck. Berkshire is a positive feedback loop these days, anything they choose to invest in will get loads of interest and appreciate in value, making them look like brilliant investors in the process. Not that buffet isn't brilliant, he's clearly proven that over the years, but the Buffet fandom has gone off the rails"}
{"_id": "88013", "title": "", "text": "A lien is a mechanism to impede legal title transfer of a vehicle, real property, or sometimes, expensive business equipment.  That's why title companies exist - to make sure there are no liens against something before a buyer hands money to a seller. The lien can be attached to a loan, unpaid labor related to the item (a mechanic's lien) or unpaid taxes, and there are other scenarios where this could occur. The gist of all this is that the seller of the vehicle mentioned does not have clear title if there is a lien.  This introduces a risk for the buyer.  The buyer can pay the seller the money to cover the lien (in the case of a bank loan) but that doesn't mean the seller will actually pay off the loan (so the title is never clear!).  This article recommends visiting the bank with the seller, and getting title on-the-spot.  However, this isn't always an option, as a local bank branch isn't probably going to have the title document available, though the seller might be able to make some arrangement for a local branch to have the title available before a visit to pay off the loan. The low-risk approach is for the seller to have clear title before any money changes hands."}
{"_id": "88016", "title": "", "text": "There is always going to be people in the lower tier of work. To teach them like a technical high school still means they are going to be in the lower tier, since there aren't magically more jobs when you train someone for them. He's saying your comment is akin to the belief that it adds a chair if you speed up the last person in musical chairs."}
{"_id": "88023", "title": "", "text": "Oh Jesus...the FBI (yes, the FBI) thinks there's a huge chance that Russia tried to rig the election so they appointed a special council to finding out. So fake news? Not at all.   And wow. Obviously, a trumpette will bring up Hillary. Guess what, they did cover that. They just don't circlejerk over Hillary like Fox News does.   Just because it challenges your flawed views doesn't make it fake."}
{"_id": "88053", "title": "", "text": "I can't believe I didn't mention Spartacus. It started fairly cheesy but it's been amazing since the second half of season 1.   I'll have to look at the rest of those . Well I've seen Awake and loved the premise, but it went too far into cop procedure for me, but it's a shame it got canceled. It was good."}
{"_id": "88077", "title": "", "text": "\"I found a blogger at US News as well as some people on a forum suggesting that, if you have another bank account, you may be able to do it by using that other account to initiate an electronic funds transfer (aka ACH).  They say that even a PayPal payment may work.  However, the former says that \"\"whether or not this trick works can vary from bank to bank.\"\" You could try doing that and see if it works.  I don't think there is any way to know for sure what they would consider a \"\"boan fide\"\" direct deposit without asking them, and if you ask them they will get wise to your game.\""}
{"_id": "88095", "title": "", "text": "\"The answer is, there are a lot of answers! It always seems so daunting to start saving when you're living paycheck to paycheck and anticipate more bills on the way (kids are expensive!!). Start small, and make it automatic if you can. If you can take $25 out of every paycheck and put it into a savings account, and do this automatically using your bank's Bill Pay system, that will go a long way. It's about setting up a new habit for yourself, and increasing as you can. One way I've heard it phrased is \"\"Pay yourself first\"\".  Don't set unrealistic expectations for yourself, either. You need to start building a savings account to cover emergencies, not just future purchases. If something happens and you can't get a paycheck for a week, a month, 2 months, how will you pay your bills? Set up a savings account just for that purpose and don't touch it unless it's a true emergency. There are several banks out there that will let you set up multiple savings accounts and mark them for specific purposes, like CapitalOne's 360 accounts. Set one up for the emergency account that gets your automatic per-paycheck deposit, then set up another one for \"\"fun money\"\" or \"\"new home fund\"\" or whatever else you want to save up for.  Starting the savings process is hard, no doubt about it. You need to learn how to budget with the money you have after \"\"paying yourself first\"\". But the important part is to stick with it. Consider your savings account as another \"\"mandatory\"\" utility. You have to pay it $25/mo or risk...I don't know...a smack on the back of the head. If you wait until the end of the month to see what you have left after everything else, you'll find you don't have anything left. If you can set it up through your bank so when you get your paycheck it automatically puts $25 into a savings account, then you'll never have that $25 burning a hole in your pocket. If your paychecks aren't direct deposit, and you're physically cashing them when you receive them, then tell the bank teller to put $25 into your savings account.  You can do it! Make sure your wife is on board and you communicate the importance of setting up a savings account and work together to make it happen. Be patient, and realize that $25 may seem like a trivial amount to put away now, but after 24 paychecks (1 year depending on pay schedule), that's $600! (Plus interest but rates are too low now to worth noting that).\""}
{"_id": "88102", "title": "", "text": "\"Maybe it's a slightly different interpretation of \"\"slowing down\"\" that you're referring too, but selective procrastination can definitely save you money.  It's basically a technique for advertisement resistance:  When I see some item that I want (but really have no need for), I just procrastinate getting it.   This mostly involves just not actively going out and getting it, waiting for it to go on sale (and then waiting for a better sale), and just generally being lazy about it.  If I still want it by the time I get around to it, then it's usually something that I consider worth its value.   Usually though, after a month or two, I've forgotten about it altogether and moved on to the next thing.   This is most effective in avoiding buying the latest tech gadgets and depending on your gadget consumption can save you hundreds.  I'm currently procrastinating buying an iPad until it either goes down in price, a nice alternative shows up, or I decide that it's worth getting myself to an Apple Store - or I decide it's not worth the hype altogether.\""}
{"_id": "88105", "title": "", "text": "Based on my experience with OpenQuant, which is a development platform for automated trading strategies (and therefore can be easily be used for backtesting your personal strategy), I can give a little insight into what you might look for in such a platform.  OpenQuant is a coding environment, which reads data feeds from a variety of sources (more on that in the second point), and runs the code for your strategy on that data and gives you the results. The data could be imported from a live data feed or from historical data, either through numerous API's, CSV/Excel, etc. You can write your own strategies using the custom C# libraries included with the software, which spares you from implementing your own code for technical indicators, basic statistical functions, etc. Getting the data is another issue. You could use joe's strategy and calculate option prices yourself, although you need to exercise caution when doing this to test a strategy. However, there is no substitute for backtesting a strategy on real data. Markets change over time, and depending on how far back you're interested in testing your strategy, you may run into problems. The reason there is no substitute for using real data is that attempting to replicate the data may fail in some circumstances, and you need a method of verifying that the data you're generating is correct and realistic. Calculating a few values, comparing them to the real values, and calibrating accordingly is a good idea, but you have to decide for yourself how many checks you want to do. More is better, but it may not be enough to realistically test your strategy. Disclaimer: Lest you interpret my post as a shameless plug for the OpenQuant platform, I'll state that I found the interface awful (it looked vaguely like Office 2000 but ten years too late) and the documentation woefully incomplete. I last used the software in 2010, so it may have improved in the intervening years, but your mileage may vary. I only use it as an example to give some insight into what you might look for in a backtesting platform. When you actually begin trading, a different platform is likely in order.  That being said, it responded fairly quickly and the learning curve wasn't too steep. The platform wasn't too expensive at the time (about $700 for a license with no data feeds, I think) but I was happy that the cost wasn't coming out of my pocket. It's only gotten more expensive and I'm not sure it's worth it."}
{"_id": "88124", "title": "", "text": "You're confusing a lot of things here. Company B LLC will have it's sales run under Company A LLC, and cease operating as a separate entity These two are contradicting each other. If B LLC ceases to exist - it is not going to have it's sales run under A LLC, since there will be no sales to run for a non-existent company. What happens is that you merge B LLC into A LLC, and then convert A LLC into S Corp. So you're cancelling the EIN for B LLC, you're cancelling the EIN for A LLC - because both entities cease to exist. You then create a EIN for A Corp, which is the converted A LLC, and you create a DBA where A Corp DBA B Shop. You then go to the bank and open the account for A Corp DBA B Shop with the EIN you just created for A Corp. Get a better accountant. Before you convert to S-Corp."}
{"_id": "88143", "title": "", "text": "Think about Wall Street. It's the most highly paid occupation in the world and it's nothing but a casino. I don't think the article is saying that success is only luck, or that there aren't successes built far more on genius than luck, but that luck is the main factor in the majority of cases of great wealth."}
{"_id": "88144", "title": "", "text": "##Vitamin C Vitamin C, also known as ascorbic acid and L-ascorbic acid, is a vitamin found in food and used as a dietary supplement. As a supplement it is used to treat and prevent scurvy. Evidence does not support use in the general population for the prevention of the common cold. It may be taken by mouth or by injection.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"_id": "88157", "title": "", "text": "Everyone has a price. If nobody is selling shares, then increase the price you will buy them for. And then wait. Somebody will have some hospital bills to pay for eventually. I buy illiquid investments all the time, and thats typically what happens. Great companies do not have liquidity problems."}
{"_id": "88158", "title": "", "text": "\"I learned just how stupid and useless Gartner Magic Quadrants were many years ago when I was working at a public utility that was trying to use one to determine \"\"which web server to use.\"\" (I kid you not)  I had one look at the thing and immediately noticed what *wasn't* there: Apache.  This was about 10 years ago when Apache owned like 75% of all websites on the internet (before Microsoft bribed various DNS parking sites).\""}
{"_id": "88159", "title": "", "text": "Agreed, early in the article one of the owners compares themselves to their german competitors that eat $200+k of their lunch regularly because they lack staff to keep up with demand.   Germany does not traditionally drug test every position up and down the chain. They generally only do it if you are responsible for narcotics (pharma), running heavy equipment or handling something that would kill people if you screwed up. If you are a cashier, desk worker or laborer you do not get tested as it is considered an invasion of privacy."}
{"_id": "88165", "title": "", "text": ": In this we take a look at some top steps that can be taken to maintain pavers Sydney. In this first step, you should determine the movement or settling of pavers. According to the suppliers of heron blocks includes power washing and for this, ideal pressure is 2700 PSI."}
{"_id": "88169", "title": "", "text": "How is that the wrong use of marginal? Its marginal in that it is small. Not marginal in the economic sense, which is what I think you think I meant.   You operating on the premise that loans for advanced education is the right model. I disagree wholeheartedly. Make public university free and crank up the standards. Not that hard."}
{"_id": "88186", "title": "", "text": "You had me until:  &gt; especially on taxes to do business  Well, not really had, but anyways: The taxes business pay in the US are not onerous.  In fact, far too many pay little to no taxes.  The bigger the company,  the less it pays back.  It also takes a generations to go through the theoretical cycle you describe."}
{"_id": "88190", "title": "", "text": "Considering that we are in a low-interest rate period (the lowest in history), it's smart to loan money from the bank to reinvest in property or other investments as far as you get a better yield (ROI) than the interest."}
{"_id": "88193", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2073.en.pdf) reduced by 99%. (I'm a bot) ***** &gt; Inflation Housing Demand + 0 + + 0 0 Mon Pol  +  + 0 0 Loans Supply Lend Rates 0 +  0  + A. Supply A. Demand +  + + The first column lists the endogenous variables of the VAR, which react to the shocks reported in the first row: housing demand shocks, monetary policy innovations, shocks to the credit supply, aggregate supply and demand shocks.  &gt; The patterns used to distinguish aggregate demand and supply shocks are commonly used in the literature, we are able to discriminate house prices shocks from loans supply and lending rates shocks on the ground of economic theory.  &gt; In Spain, in the absence of other shocks, if the growth rates of real consumption had been driven exclusively by housing demand shocks, they would have been largest around 1995 and 2004, and lowest in 2012.18 The cumulative effect of housing demand shocks is rather muted in the remaining countries.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gxbr4/ecb_house_prices_and_monetary_policy_in_the_euro/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~142717 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **shock**^#1 **price**^#2 **House**^#3 **housing**^#4 **policy**^#5\""}
{"_id": "88196", "title": "", "text": "\"In the US, usury is complicated and depends on the type of account, the bank charter and the where the bank makes credit decisions. Most major US credit cards are issued by entities in Utah, South Dakota and Delaware. None of these states have usury limits. Many states have usury limits. In New York, for example a loan may not exceed 16% interest, if the institution is supervised by the State.  Credit card issuers are usually chartered as \"\"National Associations\"\" (ie Federally chartered banks regulated by the Comptroller of the Currency). There is no Federal usury statute, and Federally chartered banks are allowed to \"\"export\"\" many of the regulations of the state where credit decisions are made. Small states like South Dakota basically design their banking regulations to meet the needs of the banks, which are major employers.\""}
{"_id": "88201", "title": "", "text": "nowhere near enough information to really help you.  Price it to an IRR of about 25% in 4 years as your business has little to no history.  For small business in most sectors you can use a rule of thumb, 2x net + FFE.  For me personally, I wouldn't touch a business only 6 months old."}
{"_id": "88208", "title": "", "text": "I can understand the appeal of this service. However, I don't think there are a lot of barrier to entry in this business model. What's stopping local grocery stores offering same service?   The only advantage with blue apron I see is limited choices to prevent choice paralysis."}
{"_id": "88214", "title": "", "text": "According to this section in Publication 15:  Collecting underwithheld taxes from employees.   If you withheld no   income, social security, or Medicare taxes or less than the correct   amount from an employee's wages, you can make it up from later pay to   that employee. But you\u2019re the one who owes the underpayment.   Reimbursement is a matter for settlement between you and the employee.   [...] it seems that if the employer withheld less than the correct amount of FICA taxes from you, it is still the employer who owes your FICA taxes to the government, not you. I do not believe there is a way for you, an employee (not self-employed), to directly pay FICA taxes to the government without going through the employer. The employer can deduct the underwithheld amount from you future paychecks (assuming you still work for them), or settle it with you in some other way. In other words, you owe the employer, and the employer owes the government, but you do not directly owe the government. If they do deduct it from your future pay, then they can issue a corrected W-2, to reflect the amount deducted from you. But they cannot issue a corrected W-2 that says FICA were deducted from you if it wasn't."}
{"_id": "88222", "title": "", "text": "Don't be a coward. Speak your mind as you have been. By your voting habits, I can figure out what type of lunatic I'm dealing with.   Have you ever read the Koran? Don't take my word for it, here, have a look:  http://www.thereligionofpeace.com/pages/quran/violence.aspx  You might want to rethink the terrorist organization you are defending in the name of actual religions."}
{"_id": "88223", "title": "", "text": "Correct, long/short strategies should have zero beta with the stock market. But this is intentional, and investors in true *hedged* funds seek this *portable alpha* as a complement to their long-only sleeve in the portfolio.  My question is: if for example, you are long low P/E stocks, and a short high P/E stocks what *creates* the alpha? Your portfolio should have zero beta. I believe in the long-run this long/short P/E strategy [generates ~300 basis points of return per year (un-levered)](http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html).  Is not reasonable to assume if returns from long only investing is driven by beta (and investors use 6% to 12% discount rates in their valuation models), then an an un-levered long/short strategy should always under-perform a long-only strategy in the long-run. The purpose of long/short strategies is not to beat long-only investing, it is to create [portable alpha](https://en.wikipedia.org/wiki/Portable_alpha).  In fact, at a high level of abstraction, the *average* long/short strategy should not earn a return greater than the risk free rate in the long-run because the strategy has zero beta."}
{"_id": "88225", "title": "", "text": "They can, but in very good ways such as helping to [prevent breast cancer.](https://nutritionfacts.org/topics/soy/) Soy once had a bad rap but that was based on some bad science and jumps to conclusions without looking at the whole picture, thank you Fox News circa 2009 I believe. It's a perfectly fine food to eat but like any food should be eaten in moderation and a minimally processed form for the best benefits."}
{"_id": "88228", "title": "", "text": "With regard to commodity futures, a paper released in January 2010 by Aulerich, Irwin, and Garcia, concluded that index funds have essentially no impact on commodity futures. Looking at stocks, a stock that gets included in a major index does increase in price. It increases its turnover by 27% and increases its price by between 2.7% and 5.5%, according to information cited by Kula in this paper, though it looks like the price increase tends to happen in the lead up to the stock being included. Interestingly, I have read an article but cannot now locate it, which states that there's a measurable, albeit fairly small, price bubble on stocks included in common indexes, on Monday mornings, Friday afternoons, and at the start and end of the month. That is, the times when mutual funds are most likely to rebalance their holdings. This almost certainly applies to a lesser extent to other stocks, too. My understanding is that the price difference was very small, however. Generally speaking, stocks which make part of well-known indexes will tend to be in higher demand than stocks which do not. It remains the case that almost all actively-managed mutual funds are unable to consistently beat the indexes, even with this taken into account."}
{"_id": "88229", "title": "", "text": "Actually it is because of trade tariffs/import tax which the US charges on automobiles. The big auto manufacturers in the US have lobbied extensively to help increase the cost of vehicles manufactured overseas and imported into the US. So as a work around, international auto manufacturers set up plants within the US so as to avoid paying some of the import tariffs."}
{"_id": "88239", "title": "", "text": "&gt; If my memory isn't too bad, they were aiming to cancel 80% of their new shows after one season.   Your memory is off.  Netflix renewed 93% of its shows, and had to defend the rate of renewal.  They keep the majority of what they make going.  Probably smarter to do that as creating a new show is more expensive than more episodes of something you have sets for."}
{"_id": "88264", "title": "", "text": "The thing is simply this, if it were not for Israeli control of America's economy, the Fed the Treasury . . .America would not be arming Israel and spending billions of dollars in Military Aid.   The Palestinians, can't even get water and medical supplies because Israel has been blockading them for the last decade.  As America's economy fails and Military power wanes and its opinion is no longer of any importance and the world comes to openly admit that Israel is the root cause of terrorism and the facilitator, financier and operator of Groups like ISIS, things will change. While you may not be disarmed, it will indeed be fun to watch brave Israeli forces fight an armed Palestinian force with the ability to hit back meaningfully.  I am sure Middle east peace will find you a lot quicker"}
{"_id": "88276", "title": "", "text": "Smart cars are highway legal and pass crash test safety standards.  Making them much more expensive than they need to be.  And yeah, they suck to drive because they're under powered for their weight.  There are much better alternatives.  [For example all of these cars are illegal, or regulated out of usefulness, in the US.](http://en.wikipedia.org/wiki/Kei_car) And they're the prime size of vehicle for commuter electric cars right now.  However, they would never pass a crash test at highway speeds.  There's a similar class of cars in India and Europe, I just happen to like the Kei trucks myself."}
{"_id": "88283", "title": "", "text": "If you were going to spend money to get laid, why would you not get a real woman?  I fear the true danger of AI is that if they ever put a working one into one of these things and get it to move reasonably, real women will become obsolete."}
{"_id": "88288", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-07/opioid-use-explains-20-of-drop-in-american-men-from-labor-force) reduced by 65%. (I'm a bot) ***** &gt; Opioid use by American men may account for one-fifth of the decline in their participation in the U.S. labor force, according to a study by Princeton University economist Alan Krueger.  &gt; &amp;quot;The opioid crisis and depressed labor-force participation are now intertwined in many parts of the U.S.,&amp;quot; Krueger, who was chief economist at the Treasury Department in the Obama administration, wrote in the study released Thursday at a Brookings Institution conference in Washington.  &gt; Krueger&amp;#039;s study echoes previous research that attributes most of the decline in labor force participation since the early 2000s to an aging population and young people choosing school over work.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6yozd6/opioid_use_could_explain_20_of_the_drop_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~205982 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **labor**^#1 **force**^#2 **Krueger**^#3 **work**^#4 **participation**^#5\""}
{"_id": "88309", "title": "", "text": "The very link the OP provided focuses on a group of people who lost their jobs to H1B imports.  The people coming in had no special skillset and the people who lost their jobs were required to spend months training their replacements or forfeit their severance pay."}
{"_id": "88311", "title": "", "text": "\"That depends, really. Generally speaking, though - Roth IRAs are THE PLACE for Stock-Market/Mutual-Fund investing. All the off the wall (or, not so off the wall) things like Real Estate investments, or buying up gold, or whatever other ideas you hear from people - they may be good or bad or whatnot. But your Roth IRA is maybe not the best place for that sort of thing.  The whole philosophy behind IRAs is to deliberately set aside money for the future. Anything reasonable will work for this. Explore interesting investment ideas with today's money, not tomorrow's money. That being said - at your age I would go for the riskier options within what's available.  If I were in your situation (and I have been, recently), I would lean toward low-fee mutual funds classified as \"\"Growth\"\" funds.  My own personal opinion (THIS IS NOT ADVICE) is that Small Cap International funds are the place to be for young folks. That's a generalized opinion based on my feel for the world, but I don't think I'm personally competent to start making specific stock picks. So, mutual funds makes sense to me in that I can select the fund that generally aligns with my sense of things, and assume that their managers will make reasonably sound decisions within that framework. Of course that assumption has to be backed up with reputation of the specific MF company and the comparative performance of the fund relative to other funds in the same sector. As to the generalized question (how else can you work toward financial stability and independence), outside of your Roth IRA: find ways to boost your earning potential over time, and buy a house before the next bubble (within the next 18 months, I'm GUESSING).\""}
{"_id": "88327", "title": "", "text": "Something with an FDIC guarentee, so a bank. With an emergency fund, I think the 'return of capital' is more important than the 'return on the capital', so I'm fine with putting it in a standard savings account in a local bank(not an internet account) even if it pays next to nothing. The beauty is that since the bank is local, you can walk in and withdraw it all during any weekday."}
{"_id": "88341", "title": "", "text": "You 5 downvoters are literally the first people I've ever heard that are ostensibly pro high frequency trading.   I still haven't heard a convincing argument that it's anything more than a parasite on the trading economy.    Premise 1.  High frequency traders earn billions of dollars.  Premise 2.   No goods or valuable services are produced.  Where am I wrong?  What is valuable about having a computer trade fractions of ownership of a company back and forth thousands of times a second?"}
{"_id": "88345", "title": "", "text": "A financial advisor is a service professional.  It is his/her job to do things for you that you could do for yourself, but you're either too busy to do it yourself (and you want to pay somebody else), or you'd rather not. Just like some people hire tax preparers, or maids, or people to change their oil, or re-roof their houses. Me, I choose to self-manage.  I get some advise from Fidelity and Vanguard.  But we hired somebody this year to re-roof our house and someone else to paint it."}
{"_id": "88346", "title": "", "text": "Here are the topics covered under the Canadian HR professional designation which would be similar in the US: - strategy (what does the company need from their people to achieve their strategic goals) - engagement - total rewards (pay, benefits, recognition) - labour and employee relations (dealing with unions, coaching, performance management, discipline &amp; terminations) - learning &amp; development - HR metrics and reporting and financial management - professional practice (employment law, ethics) - workforce planning and talent management (recruitment, organizational design) - health, wellness and safe workplace"}
{"_id": "88351", "title": "", "text": "Here's what I'd do: Pay off the cards and medical. Deposit 35k in the best interest bearing accounts you can find (maybe some sort of ladder).  Link your student loans payments to this account. This frees up $486 a month in income, and generates a small amount of interest at the same time. Now, set up some sort of retirement account.  Put $400 a month in it. This leaves you with $86 a month to use as you please. You still have $10 000 cash, out of which you could buy an inexpensive used car, and bank some as emergency funds."}
{"_id": "88358", "title": "", "text": "\"Hopefully you forgot the \"\"/s\"\" at the end of your post.  You mean the [special skills that Disney](https://www.nytimes.com/2016/10/14/us/judge-says-disney-didnt-violate-visa-laws-in-layoffs.html) requires?  Really the only special skill is doing the same skill for a lot less and being tied to a specific company.   [More here](http://fortune.com/2017/05/03/h-1b-visa-infosys/)\""}
{"_id": "88381", "title": "", "text": "Earthmoving equipment hire is a completely different thing from hiring other things required in a construction project. You should try and contact the companies that have all the equipments needed by you so that you don\u2019t have to rush from one supplier to another to complete the required fleet."}
{"_id": "88385", "title": "", "text": "\"Your explanation is nearly perfect and not \"\"hand wavy\"\" at all. Stock prices reflect the collective wisdom of all participating investors. Investors value stocks based on how much value they expect the stock to produce now and in the future. So, the stability of the stock prices is a reflection of the accuracy of the investors predictions. Investor naivity can be seen as a sequence of increasingly sophisticated stock pricing strategies: If investors were able to predict the future perfectly, then all stock prices would rise at the same constant rate. In theory, if a particular investor is able to \"\"beat the market\"\", it is because they are better at predicting the future profits of companies (or they are lucky, or they are better at predicting the irrational behavior of other investors......)\""}
{"_id": "88396", "title": "", "text": "\"There are services, usually associated with real estate agents, that provide apartment search services for relocating professionals. I was very underimpressed when I was offered the use of such a service and did better on my own, but I did have the company paying for a hotel room while I searched so I had time to investigate alternative channels -- and in fact found and took a place being offered by a co-worker's father. But if you're really looking for \"\"a room\"\" in a shared living situation, and you aren't already on campus talking to other students, I agree that the school's housing office, or the dorms and/or fraternity houses and/or independent living groups are your best bet.  In a college town most roommate openings get snapped up pretty quickly and are more likely to go to someone who is a known or vouched-for quantity.\""}
{"_id": "88398", "title": "", "text": "weird holdover from the bad old days when you had to do arithmetic by hand I would guess.  Stocks used to trade in 1/8ths, so bonds trading in even smaller increments makes sense.  Also (and I am unsure if this is still true) U.S. bonds trade on a 360 day year (or used to anyway) for the same reason... 360 divides well into months and quarters (for easier math) whereas 365 is considerably harder.  Most of the world now trades in decimals and 365/365 years so I am unsure why the U.S. doesn't.  Institutional inertia I would guess."}
{"_id": "88400", "title": "", "text": "From your question, it seems your problem is that you have a company that wants to make a deal, but does not currently have enough money to go through with it. Therefore it needs to raise capital. Assuming that you cannot get a loan from a bank and you do not want to seek funding from other sources, the two owners must provide the funds themselves somehow. Option A: The easiest and fairest way to do this is for the two shareholders to provide 75%, and 25% of the funding as a loan to the company. They will provide this loan knowing it may not be paid back if the company goes under. Note that it would not be fair for one of the shareholders to provide more, as that shareholder would be taking all the risk, while the other still reaps the rewards (although you could add a large interest rate to account for this). Option B: But say one of the shareholders cannot provide additional funds. In that case, the company should issue new shares, and each shareholder can purchase however many of the new shares he/she wants (each shareholder is entitled to purchase at least 75% or 25% respectively, but does not have to). The result of this may be that company ownership percentages have changed after the capital raising. This is more complex as it require valuing the company accurately to be fair, and probably requires reporting to a government (depending on the jurisdiction)."}
{"_id": "88417", "title": "", "text": "\"I've just started using Personal Capital (www.personalcapital.com) after seeing the recommendation at several places.  I believe it gives you what you want to see, but I don't think you can back populate it with old information.   So if you log in and link accounts today, you'll have it going forward. I only put in my investment accounts as I use another tool to track my day-to-day spending.   I use Personal Capital to track my investment returns over time.  How did my portfolio compare to S&P 500, etc.   And here is a shot of the \"\"You Index\"\" which I think is close to what you are looking for:\""}
{"_id": "88421", "title": "", "text": "As a consultant I charge my clients by the hour of my time they're occupying, not just my productivity.  That means when I walk to the printer, task a colleague, scan an incoming email, go pee, time taken to tally productive tasks, or take an ergonomic stretch break are client paid non-value added work.   Professions that track billable hours are not tracking productivity.  Some more than others are definitely more productive in a given hour, but productivity will vary by the person and skill level."}
{"_id": "88428", "title": "", "text": "Buying individual/small basket of high dividend shares is exposing you to 50%+ and very fast potential downswings in capital/margin calls. There is no free lunch in returns in this respect: nothing that pays enough to help you pay your mortgage at a high rate won\u2019t expose you to a lot of potential volatility. Main issue here looks like you have very poorly performing rental investments you should consider selling or switching up rental usage/how you rent them (moving to shorter term, higher yield lets, ditching any agents/handymen that are taking up capital/try and refinance to lower mortgage rates etc etc). Trying to use leveraged stock returns to pay for poorly performing housing investments is like spraying gasoline all over a fire. Fixing the actual issue in hand first is virtually always the best course of action in these scenarios."}
{"_id": "88443", "title": "", "text": "Heh I'm more baffled by the sheer size of the collection I shared with my siblings. It must have seriously reached about 75k to 100k pieces. My parents were not well off at the time, but they never bought us cheap crap. Instead they just kept feeding more LEGO into the collection. I never fully appreciated them for it at the time. Looking back now I'm almost ashamed of how spoiled I was."}
{"_id": "88444", "title": "", "text": "I am looking at size by revenue.  Looking at market capitalization gives a much different list.  I don't think market cap is a good metric for this discussion.  According to market cap Telsa is the largest automotive company in the US, but that is because it is expected to do well in the future by the investment community.  According to market cap what is reddit worth?"}
{"_id": "88445", "title": "", "text": "Your parents are troopers (pooper troopers?). Nothing in our area was affordable for those services so we tried the clean-your-own kind - they were really nice and probably would help potty train but seriously a few months of scraping poop into the trash and washing a bucket of smelly diapers got old quiiiiiick! I will say this - the kind you clean yourself is the absolute cheapest option. It was like $300 for a half week supply of cloth diapers so you're doing diaper laundry twice a week and the only other added cost is the special detergent which was pretty cheap and lasted a long time... Then we sold them used on eBay for $200 and bought the next size up when it was time which was like 2 months later (they snap to multiple sizes)... Rinse and repeat - works out pretty well if you're willing to commit to washing poop cloth twice a week. And 3 months of honest diapers is around $300 I think."}
{"_id": "88455", "title": "", "text": "\"Overoptimism, making mistakes and wrong assumptions, being taken by lies, all of that is legal and, in a lot of ways, very human and forgivable.  But when they \"\"buried her findings ... before, during and after the financial crisis, and even into 2012\"\" from senior management whose job it is to look out for bad investments, \"\"buying mortgages from outside lenders with doctored tax forms, phony appraisals and missing signatures\"\", \"\"systematically violating U.S. mortgage regulations\"\", and lying about losses while still taking money from the government, these are illegal and immoral practices with profit as a motive and with the knowledge that what they were doing was wrong.    Buying into something with all you've got is any business's prerogative.  Lying, manipulating, and willfully breaking the law, especially when the product and means to purchase directly impacts the customer, all to maximize profit is not.\""}
{"_id": "88463", "title": "", "text": "We get funding based upon productivity (i.e. papers published), mostly. No one checks the reproducibility of the results, or at least not for many years. This creates an incentive to publish nonsense. Many do, as it turns out."}
{"_id": "88477", "title": "", "text": "This is wrong.  It should be  or  Now, to get back to self-employment tax.  Self-employment tax is weird.  It's a business tax.  From the IRS perspective, any self-employed person is a business.  So, take your income X and divide by 1.0765 (6.2% Social Security and 1.45% Medicare).  This gives your personal income.  Now, to calculate the tax that you have to pay, multiply that by .153 (since you have to pay both the worker and employer shares of the tax).   So new calculation  or they actually let you do  which is better for you (smaller).   And your other calculations change apace.   And like I said, you can simplify Q1se to  and your payment would be  Now, to get to the second quarter.  Like I said, I'd calculate the income through the second quarter.  So recalculate A based on your new numbers and use that to calculate Q2i.   or  Note that this includes income from both the first and second quarters.  We'll reduce to just the second quarter later.  This also has you paying for all of June even though you may not have been paid when you make the withholding payment.  That's what they want you to do.   But we aren't done yet.  Your actual payment should be  or  Because Q2ft and Q2se are what you owe for the year so far.  Q1ft + Q1se is what you've already paid.  So you subtract those from what you need to pay in the second quarter.  In future quarters, this would be  All that said, don't stress about it.  As a practical matter, so long as you don't owe $1000 or more when you file your actual tax return, they aren't going to care.  So just make sure that your total payments match by the payment you make January 15th.   I'm not going to try to calculate for the state.  For one thing, I don't know if your state uses Q1i or Q1pi as its base.  Different states may have different rules on that.  If you can't figure it out, just use Q1i, as that's the bigger one.  Fix it when you file your annual return.  The difference in withholding is going to be relatively small anyway, less than 1% of your income."}
{"_id": "88495", "title": "", "text": "Perth Ceiling Fixers are the most popular Gyprock installers in Perth. We offers some amazing services ranging from, ceiling lifting, water damaged ceiling, plastering and ceiling maintenance, etc. To get our services, please contact us on 0418 908 426."}
{"_id": "88508", "title": "", "text": "Here are the basic questions I usually ask any new business startup: Do these numbers/answers seem reasonable to you and is some benchmark available that allows you to see how likely this is?   Remember, particularly in Internet-based advertising ventures, the client may be indirect.  The person who clicks on a Google context-based link is not directly Google's client.  The person who decided to host AdWords code on their site is the direct client. You're also going to want to see a Gant chart or some process chart indicating exactly what needs to be done, at what cost and by whom.  Answers to these questions give a sense of not only how seriously they are taking the business, but also how organised. My final question: who is your first client? They need either someone who is going to contract the service, or have a clear indication of where income is going to come from, on their first day of trading. Their task is to sell their idea to you by proving that it will return on your investment and be profitable.  From the strength of these answers you can gauge the value of your investment to them, how critical it is, how risky the opportunity and - ultimately - the stake and returns you should expect."}
{"_id": "88529", "title": "", "text": "\"The \"\"software industry\"\" also uses some of the strongest DRM available - see any enterprise-level solutions out there (Microsoft, Apple, Oracle, IBM, etc.). Sure, piracy there happens, but it's not widespread in the U.S./Europe. Similar with the gaming industry - strong DRM, and though piracy is tolerated, it's made difficult and time-consuming, thus ensuring that the vast majority of consumers purchase the product instead of steal it.  Everyone knows that some piracy is inevitable, but DRM ensures that most consumers won't steal - the same way that retail stores use those little magnetic strips embedded in products. Bottom line - no one gives away their product for free. That's not a business model.\""}
{"_id": "88539", "title": "", "text": "There are two significant drawbacks to this type of transfer. They were the reasons why I kept my American 401(k) as-is and started funding my Canadian RRSP from zero balance. 1. Taxes - a large chunk of your 401(k) will be lost to taxes. There is probably no way to transfer the funds without making a 401(k)/IRA withdrawal, which will incur the US federal tax and the 10% early-withdrawal penalty.  When the money went into the 401(k), you got a tax deduction in the US and the tax break is supposed be repaid later when you make a withdrawal (that's basically how tax deferral works).  It's unlikely that any country will let you take a deduction first and send the payback to a foreign country.  The withdrawal amount may also be taxable in Canada (Canadians generally pay taxes on their global income and that includes pensions and distributions from foreign retirement plans).  Foreign tax credit will apply of course, to eliminate double taxation, but it's of little help if your marginal Canadian tax rate is higher than your average US tax rate. 2. Expenses. Your RRSP will have to be invested in something and mutual fund management expenses are generally higher in Canada than in the US.  For example, my employer-sponsored RRSP has a Standard & Poor's stock index fund that charges 1.5% and that is considered low-cost.  It also offers a number of managed funds with expenses in excess of 2% that I simply ignore.  You can probably invest your American 401(k)/IRA in mutual funds more efficiently."}
{"_id": "88540", "title": "", "text": "One such strategy I have heard for those who have this opportunity is to purchase the maximum allowed. When the window to sell opens, sell all of your shares and repurchase the most you can with the amount you gained (or keep an equivalent to avoid another transaction fee). This allows you to buy at a discount, and spread out the risk by investing elsewhere.  This way you are really only exposing yourself to lose money which you wouldn't have had access to without the stock discount."}
{"_id": "88546", "title": "", "text": "It depends how detailed you want to get in your calculation, but fundamentally, 1K < 25K.   On a very basic level, divide the cost (less what you sell it for) by the time you'll have the car for.  If you junk it, $1K/12 month = $83/month to buy tires to have a car for a year. If you sell it for $1K, then it become $0/month.  (Plus other maintenance, etc..., obviously). If you pay 25K and keep the new car for ten years and sell it for nothing, it becomes roughly $208/month (plus maintenance). If you want to get more accurate, there are a lot of variables you can take into account--time cost of money, financing, maintenance costs of different vehicle types, etc..."}
{"_id": "88550", "title": "", "text": "I'd argue that you should be focusing on avoiding taxation and maximizing employer matching funds as your first objective.  Over a longer period, quality of investment options and fees will both drive your account value. A personal IRA account is usually a better value over time -- so contribute as much as possible to your IRA, and rollover 401k accounts whenever you have an opportunity to do so."}
{"_id": "88575", "title": "", "text": "\"A mutual fund's return or yield has nothing to do with what you receive from the mutual fund. The annual percentage return is simply the percentage increase (or decrease!) of the value of one share of the mutual fund from January 1 till December 31. The cash value of any distributions (dividend income, short-term capital gains,  long-term capital gains) might be reported separately or might be included in the annual return.  What you receive from the mutual fund is the distributions which you have the option of taking in cash (and spending on whatever you like, or investing elsewhere) or of re-investing into the fund without ever actually touching the money. Regardless of whether you take a distribution as cash or re-invest it in the mutual fund, that amount is taxable income in most jurisdictions. In the US, long-term capital gains are taxed at different (lower) rates than ordinary income, and I believe that long-term capital gains from mutual funds are not taxed at all in India. You are not taxed on the increase in the value of your investment caused by an increase in the share price over the year nor do you get deduct the \"\"loss\"\" if the share price declined over the year. It is only when you sell the mutual fund shares (back to the mutual fund company) that you have to pay taxes on the capital gains (if you sold for a higher price) or deduct the capital loss (if you sold for a lower price) than the purchase price of the shares. Be aware that different shares in the sale might have different purchase prices because they were bought at different times, and thus have different gains and losses.  So, how do you calculate your personal return from the mutual fund investment? If you have a money management program or a spreadsheet program, it can calculate your return for you. If you have online access to your mutual fund account on its website, it will most likely have a tool called something like \"\"Personal rate of return\"\" and this will provide you with the same calculations without your having to type in all the data by hand. Finally, If you want to do it personally by hand, I am sure that someone will soon post an answer writing out the gory details.\""}
{"_id": "88579", "title": "", "text": "The Facebook IPO wasn't a debacle. Facebook got maximum value for their shares. That's precisely what you want at IPO. If you sell your stock initially for $25, and next week it's at $35, you've left a hell of a lot of money on the table."}
{"_id": "88597", "title": "", "text": "\"You're getting great wisdom and options. Establishing your actionable path will require the details that only you know, such as how much is actually in each paycheck (and how much tax is withheld), how much do you spend each month (and yearly expenses too), how much spending can you actually cut or replace, how comfortable are you with considering (or not considering) unexpected/emergency spending. You mentioned you were cash-poor, but only you know what your current account balances are, which will affect your actions and priorities. Btw, interestingly, your \"\"increase 401k contributions by 2% each year\"\" will need to end before hitting the $18K contribution limit. I took some time and added the details you posted into a cash-flow program to see your scenario over the next few years. There isn't a \"\"401k loan\"\" activity in this program yet, so I build the scenario from other simple activities. You seem financially minded enough to continue modeling on your own. I'm posting the more difficult one for you (borrow from 401k), but you'll have to input your actual balances, paycheck and spending. My spending assumptions must be low, and I entered $70K as \"\"take-home,\"\" so the model looks like you've got lots of cash. If you choose to play with it, then consider modeling some other scenarios from the advice in the other posts. Here's the \"\"Borrow $6500 from 401k\"\" scenario model at Whatll.Be: https://whatll.be/d1x1ndp26i/2 To me, it's all about trying the scenarios and see which one seems to work with all of the details. The trick is knowing what scenarios to try, and how to model them. Full disclosure: I needed to do similar planning, so I wrote Whatll.Be and I now share it with other people. It's in beta, so I'm testing it with scenarios like yours. (Notice most of the extra activity occurs on 2018-Jan-01)\""}
{"_id": "88599", "title": "", "text": "My wife works at a prestigious hospital where advancement is based on medical achievement. Given what goes on her floor, the lack of basic management skills is causing things like chronic short staffing, which in turn directly affects things like costs (reliance on short term, expensive staff) and nurse to patient ratios. This cuts both ways: if medical staff want to be 100% in charge, learn a little bit about management."}
{"_id": "88637", "title": "", "text": "Clark Howard suggests you hop your cards.  Get your new card now and when you have it, dump the card with the high fees. The age of your accounts has some impact on your credit rating, but unless you have a major purchase coming up and your score is teetering, I would take the score hit to save money on the card."}
{"_id": "88645", "title": "", "text": "The employer most likely has already sent that money that was withheld to the IRS. Therefore they cannot refund you any money. Instead you need to get the money back from the IRS. You do this by filing a tax return.  Your W2C will show that taxes were withheld (I.e., that you paid taxes). The rest of the return will show that no taxes were due and therefore you are entitled to have your money refunded. If you have already filed for that tax you, you just need to file an amended return with the new data. That amendment will show that you are to be refunded the extra money. Then just wait several weeks for the payment from the IRS.  As pointed out user102008, if it is Medicare and social security taxes that have been withheld in error, then you need to file a different set of forms with IRS. It would be nice if refunding FICA also occurred via the tax return."}
{"_id": "88652", "title": "", "text": "he invested in goog.  hes a couple of appl shares away from being a mod on /r/wallstreetbets.    a billionaire investing in an S&amp;P500 company is literally the most mundane shit you can think of.  if thats proof hes (((up to no good))) then i dont know what to even say to that."}
{"_id": "88663", "title": "", "text": "\"Except that Shamu is the Sea World brand.  This is like if for some reason people got angry about Mickey Mouse, would Disney surrender that icon?  Sea World has been built on Shamu, and Sea World executives will estimate that were it not for the orca shows, their park would see massively reduced attendance anyway.  They may have hard numbers, they may not, but if they see their attendance shrinking less than they think it would shrink were the shows not there, then they won't do it.  The idea of \"\"we'll be the good guys then\"\" won't sit well with executives, because they can't quantify it - will they be the good guys, or won't they?  They've already made an enemy out of the animal rights people, they may think the animal rights people will just want more out of them after getting some concessions, so they're going to dig in and not even start the concessions.  They may be destroying themselves, or maybe their business model is just being destroyed by moving technology and social progressions.  Bullfighting-ring owners had to deal with it in Spain, Sea World has to deal with it here.  Sorry, sometimes this happens to a business.\""}
{"_id": "88665", "title": "", "text": "I don't disagree.  My iPhone is made with products from Fox con. They have a horrific record for taking care of their employees. I need to own that.  Simultaneously, Apple goes out of its way to do everything they can in order to stifle that victimization. This includes searching for other vendors, overseeing as much of the production process as they are allowed to, and also creating factories and processes here in America that are more under their direct control.  I do not see rival companies (like Samsung) doing the same thing.  I would never say that I live a purely virtuous life. But I try to make a stand where I think it will make a difference while still being able to provide for my family.  And I provide for my family very well."}
{"_id": "88677", "title": "", "text": "It doesn't sound fishy at all to me. Just seems like you may be dealing with a company that has relatively light trading volume to begin with, meaning that small trades could easily make the price drop 8% (which isn't much if you're talking about a stocks in the $5 or less range. If someone sells at the bid and the bid happens to be 8% lower than the current price, that bid is now the price, hence the drop. The bid moving up afterward, just means that someone is now willing to place a higher order than what the last trade was, to try to get in."}
{"_id": "88698", "title": "", "text": "This is a long term investment but can be very useful during tough times. Be prepared not only to take but to give as well. Moreover:"}
{"_id": "88711", "title": "", "text": "All this may be true but rampant fraud was not at the core of the housing crisis. Middle managers fired because Human Resources could do middle manager work on management software for low wages -- that is the core of the housing crisis. Fired middle managers who were paying their home loans walked away from their homes because they no longer were able to get a high paying job to pay for those homes. The middle class of lower populated Canada is greater than the middle class in the U.S. today. As a former manager of hundreds of home loan officers, I should know."}
{"_id": "88723", "title": "", "text": "The most important thing to remember about bitcoin is that it is an information technology. As you\u2019re probably aware, information tech advances very rapidly and renders the previous generations obsolete. I too think bitcoin is in a bubble, though it probably has a while to go. Blockchain tech will rapidly improve and become more ubiquitous, meanwhile bitcoin offers nothing new and is plagued with issues. The fact it accounts for 50%+ of all crypto value is mind boggling. Imagine one stock accounting for 50% of the entire stock market of the world. When blockchain tech is mainstream, that\u2019s essentially what bitcoin has to do to maintain its status. Seems very doubtful to me."}
{"_id": "88746", "title": "", "text": "\"You have already indicted in another question, titled Which risk did I take winning this much?, that you did not understand (1) Why a previous trade made you as much money as it did; nor (2) How much you could have lost if things went a different way. You were, in that other question, talking about taking short position, without understanding (apparently) that a short position can create losses exceeding the value of your initial investment. Can one make money doing day trading? Yes, an educated investor may be able to prudently invest in short term positions making knowledgeable judgments about risk, and still make money. Can you make money doing day trading? Well, maybe. You have in the past, in what you described in a previous post as \"\"winning\"\". So even in your own eyes, you were effectively gambling, and got lucky. Perhaps the more relevant questions you can ask yourself are: Can you lose money doing day trading? And, most importantly, Are you more likely to lose money day trading, or consistently make money by taking on reasonable and educated risks?\""}
{"_id": "88770", "title": "", "text": "The exact answers depend on what you're going to do and what you started with and what your local market is like ... But a bit of websearching (and/or asking a good general contractor) will yield a table of typical improvement in sale price from various renovations. One thing you'll discover is that unless you are staring with something almost unsellable, few if any if thgem return more than you paid for them; getting back 85% is exceptionally good. A possible exception is energy-saving measures; basic air-seaking and attic insulation improvements pay back their cost relatively quickly, and solar can do so if you have a decent site for that -- and these are often subsidized in one way or another by government or utilities. For most things, thoiugh, the real answer is to ask yourself what would make the house better for you and your family, and what that would be worth to you. If you can get it done for less than that, go for it. It's a good idea to put together as complete a list vas possible before starting, since some will be considerably less expensive if done in the right order or at the same time. (Redo your roofing before installing rooftop solar panels, if possible; as one example.) Then prioritize thiose by what will improve your enjoyment of the house most. You'll probably get better specific advice over in the Home Improvement area of Stack Exchange."}
{"_id": "88774", "title": "", "text": "Obviously you can't predict the future too much, but it's not too hard to figure out what is going to happen to mortgage rates in the short term. Mortgage rates are heavily influenced by 10 year treasury yields.  You can find the daily 10 year rates here.  It's easy to see the direction they've been moving recently.  It usually takes a few days for mortgage rates to follow if the 10 year treasury yield is dropping (although if it's going up, mortgage rates will go up faster than they will fall). Here's a sample of all the 10 year treasury yields for the past 10 years.  Looks like a good time to get a mortgage or refinance! You can also take a look at movements in mortgage backed securities. Here you can find a chart for Fannie Mae 3.0% mortgages.  As the price goes up, mortgage rates go down.  Think of it this way. Right now people are will to pay $103 for $100 worth of 3.0% mortgages. That doesn't really make sense because I could just loan you $100 at 3.0% and turn around and sell it for $103 immediately, pocketing the $3 profit.  The reason is because right now, no one would willingly borrow money at 3.0%. Rates have fallen so much that if a bank has a customer paying them 3.0% on a mortgage, other people are willing to pay a premium on that mortgage. New mortgages are probably being written for 2.0%. (There is no current mortgage backed security for 2.0% fannie maes because rates have never been this low before)."}
{"_id": "88794", "title": "", "text": "At some point, there will even be non wealthy nations with better healthcare.       Anyone who is well travelled, or from another country knows how horrific the US healthcare system is.   The media talks about poor people, but it's awful for the middle to upper middle class too in comparison to alternatives.        It constantly shocks me this is not a bigger public issue.  If only the general population realized what the alternative looks like.  Not perfect by any means, but so much better."}
{"_id": "88801", "title": "", "text": "it depends on you, thats just the point, how risk averse you are determines how wide your risk premium needs to be to as you feel adequately compensate you for the risk you are taking. If I have some money i inherited from grandad and I want to make 15% on it then my required rate is 15% on top of the risk free rate. Thats what I require. Alternatively you could use a historic market rate to to determine the markets required return since on average that should be correct allowing you to sell your asset later to the average market participant. Thats easy for the equity investment. Because you have two different asset classes for your investments you could use different discount rates using the historic market risk premium in each asset's market or you can use the same discount rate for both which makes it easier to compare. In the second case I would discount using the equity required return since the equity investment you are not making is the opportunity cost of your real estate investment.   At the end of the day its a value judgment in my opinion and there isn't a right. Your understanding of the economics and from that what is important will inform what you use as a discount rate and that value judgment is kindha where an analyst adds value."}
{"_id": "88813", "title": "", "text": "Buy low, sell high. I think a lot of people apply that advice wrongly. Instead of using this as advice about when to buy and when to sell, you should use it as advice about when not to buy and when not to sell. Don't buy when P/Es cannot support the current stock price. Don't sell when stocks have already fallen due to a market panic. Don't follow the herd or you will get trampled when they reverse direction in a panic.  If you are smart enough to sell ahead of the panics, more power to you, but you should be using more than a 52-week high on a graph to make that decision."}
{"_id": "88823", "title": "", "text": "\"Vanguard's Admiral shares are like regular (\"\"investor\"\") shares in their funds, only they charge lower expense ratios. They have higher investment minimums, though. (For instance, the Vanguard Total Stock Market Index Fund has a minimum of $3,000 and an expense ratio of .18% for the Investor Shares class, but a minimum of $10,000 and an expense ratio of .07% for Admiral Shares). If you've bought a bunch of investor shares and now meet the (recently-reduced) minimum for Admiral shares, or if you have some and buy some more investor shares in the future and meet the minimums, you will qualify for a free, no-tax-impact conversion to the Admiral Shares and save yourself some money. For more information, see the Vanguard article on their recent changes to Admiral Shares minimums. Vanguard also offers institutional-class shares with even lower expense ratios than that (with a minimum of $5 million, .06% expense ratios on the same fund). A lot of the costs of operating a fund are per-individual, so they don't need to charge you extra fees for putting in more money after a certain point. They'd rather be competitive and offer it at cost. Vanguard's funds typically have very low expense ratios to begin with. (The investor shares I've been using as an example are advertised as \"\"84% lower than the average expense ratio of funds with similar holdings\"\".) In fact, Vanguard's whole reason for existing is the premise (stated in founder John C Bogle's undergraduate thesis at Princeton) that individuals can generally get better returns by investing in a cheap fund that tracks an index than by investing in mutual funds that try to pick stocks and beat the index and charge you a steep markup. The average real return of the stock market is supposedly something like 4%; even a small-looking percentage like 1% can eat a big portion of that. Over the course of 40 years waiting for retirement, saving 1% on expenses could leave you with something like 50% more money when you've retired. If you are interested in the lower expense ratios of the Admiral share classes but cannot meet the minimums, note that funds which are available as ETFs can be traded from Vanguard brokerage accounts commission-free and typically charge the same expense ratios as the Admiral shares without any minimums (but you need to trade them as individual shares, and this is less convenient than moving them around in specific dollar amounts).\""}
{"_id": "88828", "title": "", "text": "Which is unions. But there is such hatred for unions that America has fallen to 7% unionization in the private sector. If things get much worse I sure hope there is a re-mobilization of the labour movement in the US. I don't know how the middle class with survive without them."}
{"_id": "88844", "title": "", "text": "\"Yeahhhh right.... Just like the good 'ol time when you where busting your ass in factory for +12 hours a day (and I'm taking the low estimation here) for a penny (but without taxes), and that they were no taxes or regulation. Or when your child of 6 was forced to work in mine because you couldn't make enough to feed your four person family. Or when you where sweating your ass in a cotton field for a piece of oatmeal. Before the big bad govt decide it was time to end certain things.   Money is a way of expressing value in an organized economy, money is (and has always been) the \"\"government\"\" installing a way for your society to economicaly work by \"\"upgrading\"\" basic good exchange  so that people that doesn't product anything but virtual sociological value can take a share (like bankers, politicians, CEO and other marvels).   Taxes are just another way of making the value flows, like debt. &gt;When the public sector comes in, there will be a lot of people in between who consume resources yet do not provide anything useful in return.  I bet neither the military, NASA, FDA or your local police station/firefighters aren't providing any usefullness...\""}
{"_id": "88848", "title": "", "text": "If you look at the shit people are saying now with what they were saying Tsarist Russia in 1917, the similarities are striking. Evil Banker Conspiracist Jews, secret societies, etc.   We all know how those energies got channelled, yes?  Rich people might not wear monocles at secret parties but that matters very little to the angry mob that is increasingly screaming for their blood.  Unless the economy starts finally improving, I'd be a little worried about my safety if I were making $800k a year, just sayin'..."}
{"_id": "88856", "title": "", "text": "**Free software**  Free software or libre software is computer software distributed under terms that allow the software users to run the software for any purpose as well as to study, change, and distribute the software and any adapted versions. Free software is a matter of liberty, not price: users, individually or collectively, are free to do what they want with it, including the freedom to redistribute the software free of charge, or to sell it, or charge for related services such as support or warranty for profit.  The right to study and modify software entails availability of the software source code to its users. While this right is often called 'access to source code', the Free Software Foundation recommends to avoid using the word 'access' in this context because it is misleading and may make people believe that they may have a copy of the source code unconditionally.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "88862", "title": "", "text": "IT asset management software  --Integrate Alloy Navigator as your IT Service Management solution for medium and large business environments. Designed and built with the industry's best practices and real-world customers in mind, it offers an intuitive, comprehensive, easy-to-use approach to managing the Service Desk, IT assets, task assignments, and more."}
{"_id": "88864", "title": "", "text": "Zoning laws with no urban planning?  Completely private infrastructure?   Hahahahhaahahahahhahahahaahahhahaahha, you have no fucking clue what you are talking about.  I have worked in civil engineering for 20 years, what you describe would turn American sprawl into SE Asian slums over night.  India has more zoning laws than the US including a whole crap load of religious ones we don't have but everyone just ignores them because they have a weak federal government, which is what you favor.  The real world disagrees with your ideology, change it."}
{"_id": "88867", "title": "", "text": "My wife and I do this. We have one account for income and one for expenditures (and around 7 others for dedicated savings.) Doing this we are forcing ourselves to keep track of all expenditures as we have to manually transfer funds from one to the other, we try to do this periodically (every Wednesday) and then keep the expenditures within what is actually on the account. It is a really good way to keep track of everything. Bear in mind that our bank provides a fast handy smartphone app where we both can check our account as well as transfer funds in less than 10 seconds. (Fingerprint authentication, instant funds transfer as well as zero fees for transfers.) Right now we have a credit card each attached to the expenditures account, but earlier we only had a debit card each and no credit cards. Meaning that when the weekly funds ran out we where simply not able to pay. We did this to mimic living only on cash and when the cash runs out you simply have to stop buying stuff. And at the same time we could accrue quite a bit of savings. I would definitely recommend this if you have problems with over expenditures."}
{"_id": "88869", "title": "", "text": "No you can't, as you would have to have a different order for each security. Usually the bigger the order the more the brokerage you would also pay."}
{"_id": "88889", "title": "", "text": "\"The best way to do this is to use IRR.  It's a complicated calculation, but will take into account multiple in/out cash flows over time along with \"\"idle periods\"\" where your money may not have been doing anything.  Excel can calculate it for you using the XIRR function\""}
{"_id": "88892", "title": "", "text": "Option prices consist of two parts: the intrinsic value (the difference between the strike and the current price of the stock) and a time premium, representing the probability that the stock will end up above the strike for a call (or below for a put).   All else being equal, options decline in value as time passes, since there is less uncertainty about the expected value of the stock at expiration and thus the time premium is smaller.  Theta is the measure of the change in value in one day.  So for every day that passes, the calls you sold are going down by $64.71 (which is positive to you since you sold them at a higher value) and the calls you sold are going down by $49.04. So your position (a short spread) is gaining $15.67 each day (assuming no change in stock price or volatility). In reality, the stock price and volatility also change every day, and those are much stronger drivers of the value of your options.  In your case, however, the options are deep out of the money, meaning it's very likely that they'll expire worthless, so all you have left is time premium, which is decaying as time goes on."}
{"_id": "88912", "title": "", "text": "Dude!  I specifically said big businesses got paid.  But you IMPLIED big Business was more altruistic, was the great giver of our infrastructure.   Now you\u2019re telling me the financial sector pays for everything, and should be loved for it, as if they aren\u2019t making money off the loans either.  Back to the beginning:  Big money is not to be thanked for our infrastructure.  The government is.  Big money is the parasite using that infrastructure to leech money from the government as many ways as they can.  Every item you have pointed out is another place where big money has gained off the government.  We need to relearn thatbpeopke are more important than money, and it starts with big money being held responsible for its practices and how those practices affect We the People.  Well, maybe we should make the Media accountable first."}
{"_id": "88918", "title": "", "text": "Look at the tech used. Bitcoin a a very small numbers of others have their own blockchains. Nearly all other coins are build on Ethereum.  Ethereum is like iOS for blockchain. One can build public or private versions.  The fuel / transaction currency of the Ethereum playtform (think distributed operating system) is Ether (ETH)  The Ethereum guys were very clever and got the biggest guys deploy involved multi nationals.. all of them have internal ethereum projects to capture their internal value distribution systems. But they ar already planning to manage their entire supply chains with this. Think: Com apt gets order via a distributed order system . These orders are legally binding. The bank of the producer Dan now issue a credit that flows through 10+ levels to suppliers and they will no longer be held up by week if not Knoth long PurchaseOrder processes.  =&gt; these types of things is what the EEA is all about.  At the same time Ethereum has much different transaction limits and has clear paths for increasing those limits in the future. Try transfer bitcoin right now :)  The might be a lot of other coins coming but the question you should ask yourself: do you think there will there be a competitor to ethereum as general purpose blockchain platform in any near / mid term future. Keep in mind the already unreadably broad industry support.  Depending on the answer to this ether is a great investment or just a good one. Either way :)  Not saying other coins won't yield higher results but if you invest in the ether you invest in the currency the transactions of the others us calculated at. So in any case if you believe in coins there will be uptake on Ether."}
{"_id": "88942", "title": "", "text": "\"It makes no sense to spend money unnecessarily, just for the purpose of improving your credit score.  You have to stop and ask yourself the question \"\"Why do I need a good credit score?\"\"  Most of the time, the answer will be \"\"so I can get a lower interest rate on (ABC loan) in the future.\"\"  However, if you spend hundreds or even thousands of dollars in the present, just so that you can save a few points on a loan, you're not going to come out ahead. The car question should be considered strictly in the context of transportation expenses:  \"\"It cost me $X to get around last year using Lyft. If instead I owned a car, it would have cost me $Y for gas, insurance, depreciation, parking, etc.\"\"  If you come out ahead and Y < X, then buy the car.  Don't jump into an expensive vehicle (which is never a good investment) or get trapped into an expensive lease which will costs you many times more than the depreciation value of a decent used car, just so that you can save a few points on a mortgage. Your best option moving forward would be to pay off your student loans first, getting rid of that interest expense.  Place the remainder in savings, then start to look at a budget.  Setting aside a 20% down payment on a home is considered the minimum to many people, and if that is out of reach you might need to consider other neighborhoods (less than 400K!).  If you're still concerned about your credit score, a good way to build that up (once you have a budget and spending under control) is to get a credit card with no annual fees.  Start putting all of your expenses on the credit card (groceries, etc), and paying off the balance IN FULL every month.  By spending only what you need to within a reasonable budget, and making payments on time and in full, your credit rating will begin to gradually improve.  If you have a difficult time tracking your expenses or sticking to a budget, then there is potential for danger here, as credit cards are notorious for high interest and penalties.  But by keeping it under control and putting the rest toward savings, you can begin to build wealth and put yourself in a much better financial position moving into the future.\""}
{"_id": "88947", "title": "", "text": "At the end of each calendar year the mutual fund company will send you a 1099 form. It will tell you and the IRS what your account earned. You will see boxes for: You will end up paying taxes on these, unless the fund is part of a 401K or IRA. These taxes will be due even if you never sold any shares. They are due even if it was a bad year and the value of your account went down. Most if not all states will levy an income tax yon your dividends and capital gains each year. When you sell your shares you may also owe income taxes if you made a profit. The actual taxes due is a more complex calculation due to long term vs short term, and what other gains or losses you have. Partial sales also take into account which shares are sold."}
{"_id": "88952", "title": "", "text": "\"Although not required, #2 would work best if you used magnetic ink... That is an extra cost which you may or may not want to pay for. You can often get a free checking account and a free set of checks if you can meet the minimum requirements. This often means a higher average daily balance, direct deposit, or some combination of multiple requirements. The bank is taking a risk that a client meeting those minimum requirements while likely earn the bank more in fees and services than what they give out for \"\"free\"\" such as the account and checks. My wife and I opened a Wells Fargo checking account two years ago. Back then, we were able to open the account for free along with a free set of 250 checks. I think the requirement now requires $7,500 average daily balance.\""}
{"_id": "88964", "title": "", "text": "Relative Strength Indicators are also trailing indicators.  They are based on the number of recent upticks or downticks in an investment's price.  (The size of a tick is quantized, and related to the investment's price.)  By the time enough upticks have accumulated to generate a buy signal, the investment has already increased in price significantly.  Similarly, by the time enough downticks have accumulated a to generate a sell signal, the investment has already dropped in price significantly. The theory of Relative Strength Indicators is based on the hope that moves found by these indicators are likely to continue after the signal is generated.  But even if this is the case, someone who relies on these indicators will miss out on the first part of the move. Dorsey-Wright offers investment research based on the theory of Relative Strength Indicators.  They offer investment vehicles based on this research.  They also work with local investment advisors to develop custom back-tested strategies.  They have published a white-paper, with references to others' research."}
{"_id": "88967", "title": "", "text": "Unless you own a business and the car is used in that business you can't write off your auto repairs. If you start a sole-proprietorship in your own name there are all sorts of things you can write off as long as there is a reasonable expectation of profit. This includes a portion of your car repairs, a portion of your home expenses (assuming it's a home-based business), any tools used in the business, all kinds of stuff. The portion of your auto is based on total miles driven in the year vs. total miles driven for business purposes. Eligible auto expenses include repairs, gas/oil, insurance, parking, and interest on the auto loan. There are some things to remember: I'm no expert on California business law. Talk to a lawyer and an accountant if you wish to go this way. Many offer a half-hour free session for new clients."}
{"_id": "88972", "title": "", "text": "\"The key with analyzing financial statements is that you need to look at all angles of a particular item. ie: Sales has gone up, but has the cost of sales increased by even more, implying narrower margins? Or, interest expense has gone up, but is that because new debt was taken on to pay for expansion?  In the specific case you mentioned [buying assets that will create depreciation expense over time], there is a grouping on the cash flow statement called 'Investing', which will state the amount of cash used during the year to invest in the business. This could be a good thing or a bad thing, depending on other factors (and your personal preference regarding dividends being paid to shareholders). In addition, you can see the amount of depreciation expense separately listed on the cash flow statement. This tells you many things. Consider a company with $10M in assets on the balance sheet, but $2M in depreciation expense. This tells you that [in a very loose sense], every 5 years the assets owned by the company will all need to be replaced. Compare that with the Investing section of the cash flow statement - if they are buying $4M of new assets this year, this tells you that on an overall basis, they are likely expanding the business, because the new investments outpace the depreciation.  But, is your concern of under-reported earnings a common issue? Typically, keep in mind that the most common bias of a company is to over-report earnings. This is because management compensation (in the form of performance bonuses and stock option valuation) is increased by profitable years. However, in a year where a loss / poor performance is likely, a reverse-bias occurs, to take as much of a loss as possible in that year. This is because if a manager's bonus is already 0 due to poor company performance, having a worse year will not turn the bonus negative. So, by taking all expenses possible today on the financial statements, next year might have less allocated expenses, and therefore the manager might get a bigger bonus impact next year. This is called \"\"Taking a big bath\"\".  Note that public companies must meet certain reporting standards, and they are audited by external accounting firms to show that they meet those standards. Of course, there is no guarantee that the auditors will catch all cases of accounting manipulation (see Enron, etc., etc.).\""}
{"_id": "88973", "title": "", "text": "\"Check is an obligation to pay, and is unconditional. In the US, checks don't expire (there are countries where they do). Endorsements such as \"\"void after X days\"\" are meaningless and don't affect the obligation to pay. The bank is under no obligation to honor a check that is more than 6 months old (based on the date on the check, of course). This is from the Unified Commercial Code 4-404. However, this refers to the bank, not to the person who gave you the check. The bank may pay, if the check is deposited in good faith and there's nothing wrong with it or with the account. So the first thing you can do is deposit the check. If asked - you can say that the person just wrote the wrong date, which is true. Worst case the check bounces. If the check bounces - you can start with demand letters and small claim courts. The obligation to pay doesn't go away unless satisfied, i.e.: paid.\""}
{"_id": "88993", "title": "", "text": "It depends on your goals. Without knowing more than the fact that you live in Mexico (and therefore presumably have future expenses in pesos) and that you are concerned about the purchasing power of pesos, I would suggest an inflation-linked peso-denominated investment, if one is offered."}
{"_id": "89007", "title": "", "text": "Im pretty sure its a moral application of the forceful basis of taxation.  And most people get rich by providing goods and services, or via investing in goods in services. The rest, the hyperwealthy banksters, international weapons/ death merchants, wall street, fraudsters, the-good-ole-boys-network, etc... that was via government, and its probably not a good idea to give them more.  Pay your taxes, please. I dont want them to ruin your life."}
{"_id": "89008", "title": "", "text": "I believe so (that you can, not that you are greedy) I run my own business and, generally speaking, am 'charging' my company 40p per mile as per the quote above. I did not know about the ability to claim the shortfall, as it is not relevant to me, but it makes perfect sense and I'm sure that a phone call to HMRC will help you understand how to claim.  As for the greedy question - personally I think that laws are there for a reason (both ways) so if there's money to be claimed - there's no reason not to do so, unless of course the hassle is greater than the potential gain. One last note - not sure exactly what the rules around this are, but I know that the allowance is not applicable for one's general commute and so if you're travelling to the same place over 40% of the time for more than two years you are no longer allowed to claim these miles."}
{"_id": "89015", "title": "", "text": "A 25% variance in price, in most markets, isn't so crazy as to require it be some sort of terrible scam, but that doesn't mean much else. It could be the inclusion of floor plans that are carefully designed to add square footage at minimum cost and thus reduce the average cost per square foot without actually being cheaper otherwise, less insulation, thinner walls, cheap piping, minimized wiring, or they are just efficient and competitive. As you pointed out they don't have gas, so that's certainly one way you know they cut costs - no gas lines to install! As the article from NAHB: Cost of Constructing A Home points out, though, what this figure includes can vary. Does it include the finished lot? If so then a smaller lot would mean lower square footage building price - because the land is smaller and cheaper, not the house!  Is any kind of financing quoted in the price? Compare also change-plan costs, any penalties for delays in construction, grade of materials, floor plans, customization costs, fees or premiums to pick colors/floors/counters/cabinets/fixtures, and so on. What about central cooling and heating - are they quoting an electric furnace? How does electrical heating in your area compare to the cost of gas heat? (relative pricing of electric and gas vary widely by region and climate) In short: often square footage price isn't the whole story of what it would cost to construct a home. Ensure you are comparing everything that's important to you and you are getting a full quote, not comparing small isolate sales-pitch figures with no clear details. If it turns out the price is 25% lower than other builders in your area and they give you what you are wanting, and you have the good sense to have a qualified home inspector and/or structural engineer inspect the home thoroughly before you take possession, then you might just have found a good builder! I'd encourage you to personally visit some of their past construction work, such as houses they build 2-10 years ago and ensure they are in the sort of condition you'd expect."}
{"_id": "89017", "title": "", "text": "Employment, output and inflation are your feedback. Too little spending manifests as a an output gap with elevated unemployment and low inflation. Too much spending shows up as full employment, full capacity and rising inflation as additional dollars just bid up prices.  Get it right and you have full employment with price stability.  So are we there yet? Well, it's not a static point we reach and cross but a dynamic balance in every period based on what's going on in the non-government sectors. Lately we've been leaning towards too little and the result is a tepid, stagnant recovery dragging on for years with elevated unemployment, weak growth and a persistant [output gap](http://lostoutputclock.com/)."}
{"_id": "89024", "title": "", "text": "Currently certain money back policies are tax free and a vast majority are taxable. There are revised guidelines that would govern which policies are tax free. At a broad level the rule is that the sum assured under the policy should be 10 times the premium paid. There is no distinction of single premium or yearly. Hence certain policies of single premium are taxable. Further there is a TDS also in place from this year. This article gives a good overview. You should consult the documentation of your specific policy and check with your insurance company or CA."}
{"_id": "89040", "title": "", "text": "I think it varies with where you are located but in Ontario, Canada salaries cover up to 44 work hours a week. Anything beyond the 44 hours counts towards overtime.  Eg. You normally make $1000 a week and this week you worked 50 hours.  $1000/44 = $22.73/hr  Overtime rate is 1.5x normal so... $22.73 x 1.5 = $34.10/hr  You work 6 extra hours $34.10 x 6 = $204.60  Added together  $1000 + $204.60 = $1204.60"}
{"_id": "89049", "title": "", "text": "There are two different ages, one where you can start withdrawing from the account, and a higher age where you must start withdrawing (at a minimum rate).  The withdrawals are treated like regular income, so they get taxed according to the same rates, and with the same deductions, as a salary."}
{"_id": "89080", "title": "", "text": "&gt;and unfortunatley, keeping unemployment low is directly at odds with increasing productivity.  That is a good point.   Up until now, the loss in manufacturing jobs has been generally offset by the increase in service jobs. If service jobs start becoming more automated - then I think we'll have to become a society in which more and more individuals become entrepreneurs/self employed to generate income.    We're already seeing this to some extent - just have to browse r/entrepreneur.   * People trying to monetize blogs/websites/vidoes * Creating new products/services  * Using new technology to do something new (cloud based mobile apps) * Crowd sourced funding * Peer to peer lending  The internet is allowing individual people with a entrepreneurial spirit to fulfill their goals."}
{"_id": "89081", "title": "", "text": "A bank isn't going to offer to lend you money on a property you don't own.  You first need to finish the process of probate and get a clear title.  Then it's your house and a bank with lend you money based on a combination of your income and the home's value."}
{"_id": "89084", "title": "", "text": "Diversification is a risk-mitigation strategy. When you invest in equities, you generally get a higher rate of return than a fixed income investment. But you have risks... a single company's market value can decline for all sorts of reasons, including factors outside of the control of management. Diversification lets you spread risk and concentrate on sectors that you feel offer the best value. Investing outside of your currency zone allows you to diversify more, but also introduces currency risks, which require a whole other level of understanding. Today, investing in emerging markets is very popular for US investors because these economies are booming and US monetary policy has been weakening the dollar for some time. A major bank failure in China or a flip to a strong dollar policy could literally implode those investments overnight. At the end of the day, invest in what you understand. Know the factors that can lower your investment value."}
{"_id": "89092", "title": "", "text": "Good, at least you are back to admitting that we have had a 17 year pause. Progress from your earlier denials.  Now, you can join your fellow alarmists in trying to explain it. So far we are up to 30 different explanations."}
{"_id": "89099", "title": "", "text": "I think we can both agree to these two assertions:  1) Utterly nonesensical amounts of waste exist in the federal government.  2) The postal service will never be closed or privatized. The government is going to keep funding it until mail volume diminishes to 0, and even then they will fight and clamour to justify its existence.  The question is not where does government waste exist. I could punch out of work right now and fill your screen with example after example of feel good government projects that do more harm than good, and we both know it. The question is why. Why is government waste created and why does it persist?"}
{"_id": "89110", "title": "", "text": "Oh, ok. You have $3.8m cash to work with in creating a low-risk investment portfolio. All you need to do is pick investment options that stick to the three objectives of the fund. You may assume all the capital is available for immediate investment ($200k out of the $4m is set aside for scholarships so it must stay liquid)."}
{"_id": "89115", "title": "", "text": "I went to school for something I was interested in.  Also, if you looked at what pay rates some people I went to school with took jobs at, you would stick with what works for you just like me.  I have no desire to start at $60000 or something.  IT certifications can matter in some cases, and I have my share of them, but they again represent a synthetic benchmark.  Lots of people are good test takers and can't do things in the real world.  A recent project of one of my companies was to install a wired network for 12 users that would allow each user basically unrestricted internet access in a site with a connection with a single external IP address.  It was required that the clients not be able to communicate with each other.  If you saw the idiotic solution and ridiculous configuration using (that didn't work) using mac address filtering and detection and whatever that a CCNA who used to work for me tried, you would go crazy.  Why not just have individual VLANs individually PATed to the external internet interface with no routing between them, and then broken out at the main switch?  The config to do that is very very simple and works perfectly.  I think it took me 5 minutes to pull out of my ear.  To me, experience and prior work trump all."}
{"_id": "89137", "title": "", "text": "\"The Facebook ad sales aren't \"\"concrete\"\" enough for you?  Look dummy, we know for a fact that Russia interfered with the election.  No serious person disputes that.  What we don't know is how far their efforts went, but that's what we should expect because until he's done building his case, Mueller isn't going to reveal what he knows.  At this point, while it's still somewhat reasonable to be skeptical about the extent of Russian interference, denying that it happened at all just makes you look stupid or insane.\""}
{"_id": "89157", "title": "", "text": "My understanding is that it works as you describe.  Is this really a loophole? You could call it that if you want, but let's look at what really is happening. You get the tax deduction when you put money into the HSA, not when you take money out. And you can only put money in when you have the HSA-eligible High Deductible Health Plan (HDHP) in place.  While you had the non-HSA eligible plan in place (presumably a more expensive low deductible health plan), you somehow incurred $5000 of out-of-pocket expenses. This is real money that you had to pay out.  Finally, you went back to the HDHP and began contributing to the HSA again, taking the tax deduction as you put money in, subject to the contribution limits. The money that is in the HSA is yours, and you had legitimate out-of-pocket medical expenses. Are you really cheating anybody out of anything if you choose to take that money back out? I don't think so."}
{"_id": "89161", "title": "", "text": "\"You ask about the difference between credit and debit, but that may be because you're missing something important. Regardless of credit/debit, there is value in carrying two different cards associated with two different accounts. The reason is simply that because of loss, fraud, or your own mismanagement, or even the bank's technical error, any card can become unusable for some period of time. Exactly how long depends what happened, but just sending you a new card can easily take more than one business day, which might well be longer than you'd like to go without access to any funds. In that situation you would be glad of a credit card, and you would equally be glad of a second debit card on a separate account. So if your question is \"\"I have one bank account with one debit card, and the only options I'm willing to contemplate are (a) do nothing or (b) take a credit card as well\"\", then the answer is yes, take a credit card as well, regardless of the pros or cons of credit vs debit. Even if you only use the credit card in the event that you drop your debit card down a drain. So what you can now consider is the pros and cons of a credit card vs managing an additional bank account -- unless you seriously hate one or more of the cons of credit cards, the credit card is likely to win. My bank has given me a debit card on a cash savings account, which is a little scary, but would cover most emergencies if I didn't have a credit card too. Of course the interest rate is rubbish and I sometimes empty my savings account into a better investment, so I don't use it as backup, but I could. Your final question \"\"can a merchant know if I give him number of debit or credit card\"\" is already asked: Can merchants tell the difference between a credit card and embossed debit card? Yes they can, and yes there are a few things you can't (or might prefer not to) do with debit. The same could even be said of Visa vs. Mastercard, leading to the conclusion that if you have a Visa debit you should look for a Mastercard credit. But that seems to be less of an issue as time goes on and almost everywhere in Europe apparently takes both or neither. If you travel a lot outside the EU then you might want to be loaded down with every card under the sun, and three different kinds of cash, but you'd already know that without asking ;-)\""}
{"_id": "89167", "title": "", "text": "If the hospital is run like hospitals in the US it can take a long time just to determine the bill. The hospital, Emergency room, ER doctors, surgeons, anesthesiologists, X-Ray department, pharmacy and laboratory are considered separate billing centers. It  can take a while to determine the charges for each section. Is there an insurance company involved? When there is one involved it can take weeks or months before the hospital determines what the individual owes. The co-pays, coverages, and limits can be very confusing. In my experience it can take a few months before the final amount is known. You may want to call the hospital to determine the status of the bills."}
{"_id": "89171", "title": "", "text": "\"Leans is polite.  I keep saying we are slaves to the military-industrial-complex.  Shit, we just gave it $700bl and made cuts to social programs and fed school funding... \"\"Slaves\"\".  &gt;Black people at least knew they were slaves. You people remain clueless. -DS\""}
{"_id": "89181", "title": "", "text": "\"If by \"\"putting money in the bank\"\" you mean regular savings or checking, then the bond locks a rate for a period of time, whereas your savings/checking rate can vary over that period.  That variation might go for you or against you.  Depending on your situation, you might prefer to take a determined rate to the variations.  In addition, some bond types provide tax benefits (e.g. treasuries and municipal bonds) that change the effective return - You cannot just compare the interest rates. Finally, the bonds have \"\"resale\"\" value on the secondary market like stock - Depending on your outlook and strategy, you might by the bond for its value as a security rather than for the interest specifically just like you'd could buy a dividend-paying stock for its value as a security rather than for the dividend.  In other words, you might think that bond values are going up, so you buy bonds with the intent of making a capital gain rather than counting on the interest returned. (The bond market does depend on the interest rate, so these are not independent factors.) I see the other answer that mentions the potential for your bank busting and you losing money beyond the FDIC insurance limit.  The question doesn't specify U.S. Government bonds though, so I don't think that answer is generally good.  It would be good in the case that you had a lot of money (especially an institution or foreign government) and you were specifically interested in U.S. Treasury bonds.  Not so much if you invest in corporate bonds where you have no government insurance / assurance of any sort.  Municipal bounds are also not backed by the U.S. (federal) government, but they may have some backing at the state level, depending on the state.\""}
{"_id": "89190", "title": "", "text": "\"I love it - it was the policies under Bush (as much as one can squarely place blame on the president) that results in the crash that nearly destroyed him - the same president he claims he got elected... and yet here were are and he is claiming if Obama is re-elected that he might have to fire people because of his policies (as much as he claims we can squarely place blame on the president) would lead to another loss for his company, that is after they enjoyed this period of recovery that allows him to continue building his massive house o' opulence.   Wonderful business sense, \"\"Pay more in taxes?? FUCK those profits altogether! I'll shut down the company and HA HA! That'll show them! Because no one else will swoop in and pick up my massively profitable vacation scam business... you know why? Because taxes - that's why! And socialism! and communism!.... COMMULISM!\"\"\""}
{"_id": "89192", "title": "", "text": "Points are the units of measurement of the index. They're calculated based on the index formula, which in turn based on the prices of the underlying stocks. Movement in points is not really interesting, the movement as a percentage of the base price (daily opening, usually) is more interesting since it gives more context."}
{"_id": "89197", "title": "", "text": "&gt; No fair and equal is paying the same price for the same service.  I'm asking about compensation, not the purchase of a service.  Do you think fair pay for full time work in a society should at a minimum provide for a modest life in that society?"}
{"_id": "89202", "title": "", "text": "For this rollover, there are no restrictions of age/income/etc.  You need to know - the transfer must be direct, i.e. if you get a physical check, it should be payable not to you, but to the new custodian (broker) for your benefit. Direct is preferable and faster. The assets may not be transferable 'in kind.' This phrase simply means that you may move the value, but if the assets are not shares that are held by the public, but special 401(k) class shares, they must be liquidated before moving, and moved as cash. This is a risk people with large accounts take should the market move dramatically during the time they are liquidated, and why, for them, I suggest doing it piecemeal."}
{"_id": "89205", "title": "", "text": "The market doesn't really need to adjust for fees on ETF funds that are often less than 1/10th of a percent. The loss of the return is more than made up for by the diversification. How does the market adjust for trading fees? It doesn't have to, it's just a cost of doing business. If one broker or platform offers better fee structures, people will naturally migrate toward the lower fees."}
{"_id": "89211", "title": "", "text": "There is one edge case that may be of value to you. If you declare a bonus (probably to yourself given a very small company) you can deduct it from your year and then have up to 6 months to actually write the cheque and give it to the person. Say your year end for the corporation is July 31st. You could declare the bonus July 30th and deduct it from that year, lowering your corporate tax. You could then wait until January 30th to actually write the bonus cheque. The person would then have that taxable income in a later calendar year, deferring paying the tax. Depending on the size of the bonus, this would possibly matter, although if you did large bonuses every year it would only matter the first time. The other issue is the availability of your bookkeeper or accountant. They are sometimes very busy during personal income tax season. They often like a vacation immediately after that. They may go away in the summer when their kids are out of school. The nice thing about a July 31st year end is that you can probably count on a quick turnaround from your accountant in September. The possible downside is that you won't enjoy reconciling your credit card statements and the like in August as part of getting your year end stuff together. You can avoid that by keeping your books in a decent shape all the time."}
{"_id": "89216", "title": "", "text": "\"One possibility you may consider is to keep all of your funds in the stocks and shares ISA while investing that proportion you wish to keep in cash into a tradeable \"\"Money Market\"\" ETF. A Money Market ETF will give you rates comparable to interest rates on cash and at the same time it will give you \"\"instant access\"\" subject to normal 3 day settlement of equities.   This is not exactly a perfect solution.  Most Money Market ETFs will pay monthly dividends, so depending on your timing, you may have to give up some interest.  In the worst case, if you were to sell the day before going ex-dividend, then you would be giving up a months interest.  In the best case,  if you were to sell on the day of going ex-dividend, you would be giving up no interest.\""}
{"_id": "89222", "title": "", "text": "One of the most common types of consultancy is management consulting, which is the practice of helping organizations to improve their performance, primarily through the analysis of existing organizational problems and development of plans for improvement. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants\u2019 specialised expertise. For more details visit our site lawyerslegalformsanddocuments.com"}
{"_id": "89233", "title": "", "text": "In the broadest strokes:   *Strategy* is about decision making  *Finance* is about the management of money  *Business Development* is about identifying and developing opportunities  There's a lot of interplay between all aspects of business, so it's going to sound like a lot of them beget the other, or are interchangeable:  because you can't make decisions without knowing your capital situation and how the decision will affect your cashflows, and you wouldn't have a decision to make without an opportunity being identified, and you wouldn't know how valuable an opportunity is unless you knew how it would impact your cashflows.  This is also why the higher in the corporate ladder you go, the more meetings you'll be in, because it's a coordinated dance between every department and none of them act in a vacuum.  If you got an MBA concentrating in Strategy, your most prominent opportunities straight out of school are going to be in consulting where you would help businesses make decisions on moving forward.  Strategic roles within a fortune 500 company are likely going to be filled with senior employees; with opportunities after a few years in consulting to transition into a management role within a corporate setting.  None of it is set in stone though.   If you got an MBA concentrating in Finance (what I did), your most prominent opportunities will be in corporate finance and financial services.    Corporate finance jobs center largely on capital budgeting and working capital management.  Capital budgeting is assessing how valuable potential investment projects are, and prioritizing what should be funded and how.  Working capital management is making sure you don't run out of cash (more complicated than it sounds).    You can look on payscale.com to see what common career paths for any of the entry jobs look like.  A financial analyst becomes a senior analyst after a few years, and then moves into finance management positions, then up to director/VP, CFO.  A management consultant would become a project manager, move into operations management, director/VP, C-suite."}
{"_id": "89239", "title": "", "text": "It depends. If cost of tuition + income forgone during studying years is less than your lifelong discounted incremental cash flows you receive thanks to your education, then it is not worth it.  If your studies are, say, 150K, and you forego another 60K/y during 4 years of university, you will need to make roughly 39K ***more*** per year until you retire than you otherwise would have, or more, for your degree to be worth it. I don't see that as very realistic scenario for 90% of the people who get degrees.   Obviously cheaper/more expensive degrees, different discount rate assumptions, and different salaries before/during/after university are different from person to person. That's why everyone has to make their own calculation and then decide whether or not to make such a risky investment in themselves."}
{"_id": "89242", "title": "", "text": "I have sat on the phone with people for 40 minutes to install our program...which should normally take 2 minutes. Its pretty tedious, but it does feel good when they have it working. Then they call you five minutes later and go, soo how does it work? Lol."}
{"_id": "89264", "title": "", "text": "I like this plan.   A [law](http://www.forbes.com/sites/aroy/2012/05/27/why-do-hospitals-charge-4423-for-250-ct-scans-blame-arizona-republicans/) that would take Arizona hospitals in this direction was [shelved](http://www.forbes.com/sites/aroy/2012/05/27/why-do-hospitals-charge-4423-for-250-ct-scans-blame-arizona-republicans/) earlier this year.    For all the lip service paid to a transparent and functioning free market, it looks like there is not much political will to push in that direction from either side of the aisle, unfortunately.  I think that the Republican's best play would be to push this kind of legislation through in a couple of places, let the market work its magic and then point to it as a model.  I don't know why they don't.  There is nothing stopping it from coexisting with Obamacare.  But instead they'd rather sit on their hands and complain and promise how much better things would be without doing anything to prove it.  Sigh."}
{"_id": "89281", "title": "", "text": "The answers you'll receive are going to be largely subjective. I can't tell you which option would be best for you, but there are plenty of things to consider.  Do you know how to sell a home? If your market is hot enough, FSBO may make sense as you won't need the marketing power and expertise of an agent. In very hot markets, you'll end up with potential bidding wars if you price your house correctly. But that's where things start getting tricky. Do you know what your house is realistically worth in your market, or are you making assumptions based on Zillow (or similar)? Do you know what paper work is needed to complete a FSBO sale? Are you any good at negotiating? There are certainly plenty of resources out there for FSBO sellers to learn how to do it, but it can be overwhelming.  FSBO isn't really fee free. If the buyer has an agent, they'll want a percentage (3%) for setting up their part of the sale. Without experience in negotiation, you may be leaving a decent amount of money on the table. Also, in negotiations, an experienced agent may nickel & dime you with contingencies all the way up until closing. Then there's anything you might need to pay for marketing materials and time off from work (if needed) to have the house shown. However, if you're in a market where people are literally walking up to your door to ask if you'd consider selling and for how much (which just happened to a friend of mine), then it might actually be a pretty painless process.  Traditional agents charge a fee, but that fee goes towards marketing and their experience in sales and negotiations. They do the work of getting your property in front of the right people and setting up house showings. The work is done on your behalf, and you won't need to alter your personal work schedule anywhere near as much as you would with FSBO. They only get paid if the house sells. Limited service agents are a bit of an unknown to me, but it's more than likely the buyer will have an agent, so assume the higher fee. It also appears that the LSA gets paid at least $500 no matter what happens, so they're certainly not putting in any extra effort to help get your house sold. It appears that you're simply paying to get on their list of homes and get some marketing from them, but that's about it. I'd imagine you could get the same exposure as a well educated FSBO seller."}
{"_id": "89297", "title": "", "text": "Annual-report expense ratios reflect the actual fees charged during a particular fiscal year.  Prospectus Expense Ratio (net) shows expenses the fund company anticipates will actually be borne by the fund's shareholders in the upcoming fiscal year less any expense waivers, offsets or reimbursements. Prospectus Gross Expense Ratio is the percentage of fund assets used to pay for operating expenses and management fees, including 12b-1 fees, administrative fees, and all other asset-based costs incurred by the fund, except brokerage costs. Fund expenses are reflected in the fund's NAV. Sales charges are not included in the expense ratio. All of these ratios are gathered from a fund's prospectus."}
{"_id": "89311", "title": "", "text": "You can buy real gold, or you can buy shares of a gold ETF, or invest in gold futures contracts. There's a number of ways, but the goal is to be exposed to the price fluctuations of gold.  I actually have a bank account through www.goldmoney.com. It works just like PayPal or a bank account. You send money and buy gold and then they send you a debit card linked to that account. When you swipe it, you're spending your gold. They also cater to business customers as well..you can send invoices to get paid, do payroll, and everything in between."}
{"_id": "89318", "title": "", "text": "I don't about where you are, but most apprenticeships in the UK are places like supermarkets, retail, McDonalds and they're oversubscribed anyway. Seems to me almost everything is oversubscribed.  Working in retail or McDonalds is no longer a part-time job, it's an apprentice opportunity. It's been like that since apprenticeship wage has been lower than minimum wage, and  apprenticeships have weak regulation so almost any job can be classed as one. Thus companies are turning as many low end jobs into apprenticeships as possible."}
{"_id": "89326", "title": "", "text": "Checks are normally numbered sequentially, to keep them unique for record-keeping purposes. The check number takes as many digits as it takes, depending on how long the account has been open and thus how many checks have been written.  The most recent check I looked at had a four-digit number, but as has been pointed out businesses may run through thousands  per year. I recommend storing this in an unsigned long or long-long, which will probably be comparable to the bank's own limits. I don't know whether there is an explicit maximum value; we would need to find someone who knows the banking standards to answer that."}
{"_id": "89340", "title": "", "text": "\"Ah, two things!  First, there isn't a small state with capitalism.  Capitalism requires LOTS of support from a state.   For example, there needs to be a functioning judicial system to settle disputes and to enforce all sorts of laws that benefit capitalism.  There also needs to be large investments in infrastructure, including infrastructure that would be impossible for a private entity to build and run.  Also, capitalism has this thing called \"\"business cycles.\"\"  We have had two now in the past 80 years that required MASSIVE state intervention in order to save capitalism itself.  You say you are in favor of democracy, but that doesn't extend to the enterprise?  Wouldn't democracy also include workers being able to own and vote how a company is run.  How is it democratic for the person with the most shares (and thus the most money) to have the most votes.  Even in our political \"\"democracy\"\" capital has a giant corrupting influence.  One only has to look at our current government to see that influence.\""}
{"_id": "89351", "title": "", "text": "Interactive Brokers offers many foreign markets (19 countries) for US based investors. You can trade all these local markets within one universal account which is very convenient in my view. IB offering"}
{"_id": "89378", "title": "", "text": "It's a con being played upon the middle money people by the big money people and it's based on the Bernoulli Principle or Venturi Effect. Simply put -- and in analogous form -- if a lot of something goes in one direction, then a lot of other similar somethings will go in the same direction too. So, if a lot of big money gets invested into derivatives then other money will follow. That original big money is called the primer -- it primes the pump flow and gets the other money following it in. If the original money, the primer, gets removed from the process it doesn't stop the flow of other money into the flow because once the flow is going, any new money in the process acts like the original primer money, sucking in even more money; this is the Venturi Effect in action -- it's how most pumps work.  So, you prime the pump, get it flowing nicely, move your priming money out of the process and wait for the thing to suck out as much money as the economy can withstand and then *crash,* er, profit! If you've set your stakes correctly to benefit from the stopping of the flow -- the crash -- you can make billions with very little effort and practically no risk at all."}
{"_id": "89381", "title": "", "text": "Copper and its scrap have been used by mankind for centuries. Vic Recycle Metals is one of the top notch copper scrap dealers in Melbourne specialises in recycling scrap copper, scrap brass, scrap wire/cable, scrap aluminium/copper coils &amp; copper radiators, Batteries, &amp; any kind of metal scrap. Our reputation has been built on providing quality customer service, punctuality &amp; top prices. Call us on 0403 938 119 today and get the cash on the spot."}
{"_id": "89396", "title": "", "text": "\"The years since the start of the crisis have been largely defined by two camps, the \u201ctoo-muchers\u201d and \u201cnot-enoughers...  I posit both are wrong, so you can put me in the \"\"wrong-targeters\"\" camp. Wrong target because that's what the Fed has done, chosen the wrong target: Dumping money into the banking system isn't doing squat for the real economy (but it surely is making the bankers happy.)  You want to see the economy improve, then put the money directly into the economy and not the banks; our banking system has precious little to do with the real economy in the U.S.\""}
{"_id": "89403", "title": "", "text": "Apparently it is up to the credit card company on how they want to report your available balance. Another disadvantage to the no-limit   credit card may not be apparent to   most people, but it is something noted   by organizations like The Motley Fool,   which is expert in many issues of   finance and investment. Part of your   credit  score, about 30%, considers   the amount of money you have borrowed,   and the limit on your present credit   cards. A no-limit credit card company   may report your limit as $0 if you   have not used the card, or they may   report  a maximum limit available to   you. They may not, nor are they   obligated, to report times when you   put tons of expenses on a credit  card   and then paid them off. While some companies will report your   timely payments and paid off amounts,   others simply report an extremely low   limit. For instance if you spent $100   US Dollars (USD), your limit might be   considered $100 USD, or it may merely   be reported as zero. You\u2019ll need to   check with a credit card company on   how they report payments and limits on   a no-limit credit card before you   obtain one. Some people who are   scrupulous are paying off their cards   at the end of each month suffer major   losses to their credit score, without   even realizing it, if their spending   ability is rated at zero, or their   payments don\u2019t count toward showing   credit worthiness. Source"}
{"_id": "89404", "title": "", "text": "&gt; I absolutely am willing to accept reality that some will never be anything but a waste of resources and a negative to society.  I agree there are a few psychopaths out there who will never fit in and we need to keep behind bars.    But I believe most of the people you would consider a waste were shaped that way by bad parents, a poor educational system, an economic system that prides itself on giving people as little as possible, and a society that implements emotional policies and glorifies violence.  &gt; Let them drop out or kick them out...  Whether it's for better schools and family services or jail cells and police forces, I think you are going to end up paying for these people one way or another."}
{"_id": "89445", "title": "", "text": "Michael Pryor is 100% correct here. This is almost certainly a scam. If you want confirmation, look at the feedback of the buyers and of folks who buy stuff from them. You'll typically find that they run through a bunch of low value auctions, build up some feedback, then all of the sudden buy and sell lots of laptops or other high-value items. It's a big scam that has been going on for a decade or more. If you are actually trying to sell things like computers overseas, particularly to third world countries, the sign of a legitimate buyer is usually someone who will have you ship to an import-export company who handles the customs stuff and the bureaucratic nonsense required to deal with government on the other side. I had a bunch of Sun equipment in the late 90's that was purchased by folks in Latin America via EBay. They bought from EBay because the local resellers had a monopoly on the products or couldn't get sufficient quantities. All of them used companies, mostly in Miami, which handled the actual export at the customer's expense."}
{"_id": "89457", "title": "", "text": "\"I think the answer depends very much on where you are.  I believe the other answer covers north america. On contrast, in (continental) Europe, giving the account and bank number (IBAN and BIC) is a (the most) common way to enable someone to send money to you.  E.g. in Germany, you need much more than account number and bank number to withdraw money:  To \"\"push\"\" money to another account (wire transfer from your account to someone who gave you the other account + bank numbers), you either have to hand-sign a certain form, or (online) certain credentials (e.g. login & password / PIN + TAN) are needed. I.e. for defrauding you, the other would need to get your online credentials (for mTAN also your mobile phone, for chipTAN a TAN generator of your bank [easy] and your bank card, for (i)TAN your TAN list) or fake your signature. There are also ways to allow someone to pull money from your account, see e.g. direct debit For that you sign that the other side is allowed to withdraw specified amounts of money (at specified dates). This is either  between you and the other (i.e. your bank cannot check and doesn't reject withdrawals that are not authorized). However, the other side needs to have signed a contract with their bank that they'll only try to withdraw money they're entitled to.  or you sign such a thing with your bank (then they do know whether the other side is allowed to withdraw money, and you can tell the bank that you won't accept any further withdrawals from XYZ).  In the first case, the withdrawal technically still needs your approval. In order not to create a huge risk of fraud, the rejecting here is really easy:  If you tell your bank that you reject the payment,  The practical rule is that the payment is approved if you didn't reject within the first 6 weeks after the bank sent the account statement. In other words, until 4 1/2 months after the withdrawal (in case you have a bank that does only quarterly account statements), the one to get the money cannot be really sure that he actually has the money. I think (but I'm not completely sure, maybe someone else can comment/edit) that these two possibilities are also what is used with debit card payments (EC/Maestro card - these are much more common here than real credit card payments).  -- end of Germany specific example --\""}
{"_id": "89460", "title": "", "text": "You put in a market order when you want to sell to whomever raises their hand first.  It results in the fastest possible liquidation of your stock. It's appropriate when you need to sell now, regardless of price. An example of when to use it: It's 3:55 PM, the market's going to close in 5 minutes and you need to sell some stocks to make some kind of urgent payment elsewhere.  If instead you have a limit order in place, you might not reach the limit price before the market closes, and you'll still own the stock, which might not be what you want."}
{"_id": "89461", "title": "", "text": "\"I mean, are we moving from \"\"everyone deserves enough wage to fully live on no matter how much value their job creates\"\" to \"\"everyone deserves full on nice place to live no matter what\"\"?  My wife and I are living in 2 rooms of someone else's home because neither of us graduated college. That's an office we share and a bedroom. We are either sleeping or working. Often at different times because she works night shift. Our bathroom is the \"\"anybody who happens to be downstairs and anyone who visits the house bathroom\"\".  She's currently studying for a job upgrade and I've started a business that's beginning to get traction, but that's recent. We made bad decisions that led to not great jobs. But we realized that the only people who could pick us up and help were ourselves. My refrigerator just died, and I no longer have a vehicle because some loser decided he wanted to pull  out in front of me at the last possible second. My family helps, but they can't prop us up, and I DON'T WANT THEM TOO.  If you're working a minimum wage job, educate yourself. Build something else. Free education is all over the internet and you can literally make yourself a job now with nothing but a computer (fuck, a smartphone) and your work ethic. Nobody who will hire you gives a shit about your skin color or gender or anything like that. They care about whether or not you can provide value.  Let teenagers sling fries and pack boxes. Fucking grow up and learn how to code. Learn how to work on cars in your spare time. Education is now free and it's the ticket to a better life. Jesus fuck.  Saying things like \"\"Stop eating avocado toast and you could afford a house\"\" is bullshit.   But to say \"\"use free resources to help yourself instead of staying at McDonald's and spending your time on nonsense bullshit, and maybe you could soon make more than minimum wage\"\" sure isn't. I've worked minimum wage and driven an hour from my house for the privelege.  If you aren't willing to improve yourself and your skillset, then fuck yes, live under the stairs like Harry Potter.   There's no reason Gary Vaynerchuk goes from working at his dad's liquor store to millionaire, but someone else can't go from McDonald's to making a real \"\"living wage\"\".  There's no reason JK Rowling went from nothing to giving away so much money that she dropped from billionaire to millionaire\u200b, but someone else can't learn how to write as copy or social media for businesses.  Live under the stairs. Make minimum wage. But don't bitch about it if you aren't fucking working to change your circumstances, because to be honest, nobody owes you or me shit.\""}
{"_id": "89484", "title": "", "text": "You could have both options exercised (and assigned to you) on the same day, but I don't think you could lose money on both on the same day. The reason is that while exercises are immediate, assignments are processed after the markets close at the end of each day. See http://www.888options.com/help/faq/assignment.jsp for details. So you would get both assignments at the same time, that night. The net effect should be that you don't own any stock (someone would put you the stock, then it'd be called away) and you don't have the options anymore. You should have incoming cash of $1500 selling the stock to the call exerciser and outgoing cash of $1300 buying from the put exerciser, right? So you would have no more options but $200 more cash in your account in the morning. You bought at 13 and sold at 15. This options position is an agreement to buy at 13 and sell at 15 at someone else's option. The way you lose money is if one of the options isn't exercised while the other is, i.e. if the stock is below 13 so nobody is going to opt to buy from you at 15, but they'll sell to you at 13; or above 15 so nobody is going to opt to sell to you at 13, but they'll buy from you at 15. You make money if neither is exercised (you keep the premium you sold for) or both are exercised (you keep the gap between the two, plus the premium). Having both exercised is surely rare, since early exercise is rare to begin with, and tends to happen when options are deep in the money; so you'd expect both to be exercised if both are deep in the money at some point. Having both be exercised on the same day ... can't be common, but it's maybe most likely just before expiration with minimal time value, if the stock moves around quickly so both options are in the money at some point during the day."}
{"_id": "89502", "title": "", "text": "Its due to the type of track.. nearly all automatic trains dont have object detection. They assume a clear track. That works great for elevated trains and isnt bad for a small metro.. ones that drive the rail infrastructure, arent yet for similar reasons to cars and everything else.. you dont want a 150 car train carrying fuel to not be able to detect a car stuck on the tracks."}
{"_id": "89503", "title": "", "text": "You really shouldn't be using class tracking to keep business and personal operations separate. I'm pretty sure the IRS and courts frown upon this, and you're probably risking losing any limited liability you may have. And for keeping separate parts of the business separate, like say stores in a franchise, one approach would be subaccounts. Messy, I'm sure."}
{"_id": "89506", "title": "", "text": "Take a look at http://en.wikipedia.org/wiki/Payment_gateway There is essentially a lead time between when the transaction is made and when it is settled, 2-3 business days is the lead time for settlement. The link explains the process step-by-step"}
{"_id": "89509", "title": "", "text": "If you are calculating simple ROI, the answer is straightforward math.  See This Answer for some examples, but yes, with more leverage you will always see better ROI on a property IF you can maintain a positive cash flow.  The most complete answer is to factor in your total risk. That high ROI of a leveraged property is far more volatile and sensitive to any unexpected expenses. Additionally, a loss of equity in the property (or an upside-down mortgage) will further impact your long term position. To put this more simply (as noted in the comments below), your losses will be amplified. You cannot say a leveraged property will always give you a better ROI because you cannot predict your losses."}
{"_id": "89510", "title": "", "text": "DCU, Alliant Credit Union has completely scan only options (no need to mail in checks later). BofA, SchoolsFirstCU allow initial scan, but you need to mail in checks later. All these are no fee."}
{"_id": "89519", "title": "", "text": "I struggle with 0% interest things in my personal life.  A responsible me that thinks logically says continue to pay it on time and take advantage of the benefit of the interest free loan you got. It will keep your funds liquid in the case of an emergency, build your credit and teach you self control.  Paying it off now has little to no benefit. It does however tie up $3,000 worth of capital you could be using for building interest or leveraging against other purchases."}
{"_id": "89520", "title": "", "text": "Tiffany's doesn't signal 'wealth', but poor taste. That's one of their problems: mediocre mass market brand screaming they are super-premium. Have been to their flagship store in NY - as I said: totally mass market jewelry, unjustly expensively priced, huge success with Japanese tourists (no offence to Japanese tourists intended)."}
{"_id": "89523", "title": "", "text": "It should be in the name(s) of whomever puts money in the account.  When filing your taxes there will be a question or space to mark the percentage of income in each others name. If you're just looking for small amounts of income splitting, then it's legal for the higher earning spouse to pay household expenses and then the lower earning spouse can save all or some of his/her income. Whether or not to have 2 accounts or not has more to do with estate planning and minimizing account fees if applicable.  It can also help in a small way for asset allocation if that's based on family assets and also, minimizing commissions."}
{"_id": "89533", "title": "", "text": "underwriters aren't subject to lock-up.  They actually don't hold anything.  They oversell at IPO, with their short position covered by the green shoe (an option from the company).  If the deal does well, the underwriters exercise the green shoe to cover their short.  If the deal runs into some pressure, they step in to support the price by buying back shares... thereby covering their short.  So they are doing price support in the early days of a deal, but it is almost always paid for by the company granting them an option.  But the underwriters aren't taking stock.  Correct that typically all insiders and existing investors are expected to sign-up a lock-up."}
{"_id": "89546", "title": "", "text": "If you have made $33k from winning trades and lost $30k from loosing trades your net gain for the year would be $3k, so obviously you would pay taxes only on the net $3k gains."}
{"_id": "89559", "title": "", "text": "I'm terrible at negotiating, so can you tell me how he comes up with the 20%? Research similar deals? I guess my question is what factors determine the final 30% level other than raw willpower and balls."}
{"_id": "89561", "title": "", "text": "\"They do this with nautical charts, it's called \"\"print on demand\"\". The land masses don't really change but stuff like buoys, navigational aids etc. do so they're up to date as of the day it's printed which is cool.\""}
{"_id": "89563", "title": "", "text": "Well not 100% the sooner production is stopped the better (which is what China is doing) it's WORSE for the environment to replace still running gasoline cars with EVs due to the carbon footprint of production. Stop production ASAP, run gas cars until they die natural deaths, and ban them when almost no one has a running one."}
{"_id": "89564", "title": "", "text": "well you are applying your own personal experience and saying it isn't worth it... at 40k debt that's an amount I believe most could swallow vs going to Europe AND to a specific degree that isn't recognized in the US. Yeah I agree... not really worth it... TO YOU.  I'm talking about the people out there with 100/200k in debt that could go for degrees that you can bring back to the US. Business, maths, even medicine. I'm not going to waste my time doing research for you but education in Germany, Sweden, Norway, Denmark (?) and Finland is free. All else being equal, you could probably go abroad and save yourself 40k to invest in whatever you want. But of course, owing thousands of dollars out of school is so ingrained in the US culture that it became the status quo."}
{"_id": "89570", "title": "", "text": "Depends on the budget. Nonprofits with budgets under $1 million (usually) set executive director salary at around 10% of budget. Major nonprofits with multi million/billion budgets (think Red Cross or Gates Foundation) sometimes use a percentage from 1 to 2.5%."}
{"_id": "89591", "title": "", "text": "I am mostly interested in day to day records, and would like the data to contain information such as dividend payouts, and other parameters commonly available, such as on : http://finviz.com/screener.ashx ... but the kind of queries you can do is limited. For instance you can only go back two years."}
{"_id": "89595", "title": "", "text": "I have mixed feelings on the way Yelp filters reviews.  They need to be fairly aggressive on the way they filter them as it's extremely easy to manipulate, however In the process many good reviews get canned.   I wrote a beast of a review for my first review and it was promptly filtered .. I was ticked.  After one or two more it became unfiltered."}
{"_id": "89602", "title": "", "text": "\"An index is just a mathematical calculation based on stock prices. Anyone can create such a calculation and (given a little effort) publish it based on publicly available data. The question of \"\"open source\"\" is simply whether or not the calculator chooses to publish the calculation used. Given how easy an index is to create, the issue is not the \"\"open source\"\" nature or otherwise, but its credibility and usefulness.\""}
{"_id": "89607", "title": "", "text": "This even happens in union environments.  I work for a company that is heavily unionized and company seniority is all that matters.  If there isn't enough work for a full timer to do, he is allowed to bump two part timers out of their hours for the day.  When the economy really tanked a few years ago, we had guys with three or four years of seniority who were getting bumped out of their hours regularly because our volume was way down.  Newer hires weren't getting any hours at all because they were at the bottom of the seniority list."}
{"_id": "89611", "title": "", "text": "In the USA, you probably owe Self Employment Tax. The cutoff for tax on this is 400$. You will need to file a tax return and cover the medicaid expenses as if you were both the employer and employee.  In addition, if he earns income from self-employment, he may owe Self-Employment Tax, which means paying both the employee\u2019s and employer's share of Social Security and Medicaid taxes. The trigger for Self Employment Tax has been $400 since 1990, but the IRS may change that in the future. Also see the IRS website.  So yes, you need to file your taxes. How much you will pay is determined by exactly how much your income is.  If you don't file, you probably won't be audited, however you are breaking the law and should be aware of the consequences."}
{"_id": "89622", "title": "", "text": "There's some really questionable advice in Rich Dad, Poor Dad. The one that I always thought was bad advice was when he wrote that people should always pay themselves first and worry about paying down debts later. So if you've got big credit card debts, you should first allocate money to saving and investing and pay your debts later. He says that will inspire you to come up with creative ways to get income to pay off that extra debt because you're under pressure. I don't buy it though. It's something that sounds good, but if you apply it, you end up broke quickly."}
{"_id": "89624", "title": "", "text": "It's a little extra hassle come tax-time if you have a distribution to account for, as you'd be required to file Form 8606. If you pay for tax-preparation the extra fees could easily wipe out any interest earned.  Roth IRA savings accounts don't seem to earn much interest, so while you could come out slightly ahead with this approach, I don't think it's worth it. I prefer to keep a portion of my emergency fund in an online savings account (0.75% interest), and another portion in CD's (2.10% interest) through the same bank."}
{"_id": "89628", "title": "", "text": "\"The sentence is mathematically wrong and verbally unclear. Mathematically, you calculate the downwards percentage by So, it should be Verbally, the reporter should have written \"\"The stock is down by 25%\"\", not \"\"down by -25%\"\".\""}
{"_id": "89662", "title": "", "text": "I assume that you are a citizen of India, and are what Indian law calls a NRI (NonResident Indian) and thus entitled to operate an NRE (NonResident External) account in India.  You can deposit US dollars into the NRE account, but the money is converted to Indian Rupees (INR) and held as INR.  You can withdraw the money and bring it back to the US as US dollars, but the INR will be converted to US$ at the exchange rate applicable on the date of the transaction.  With the recent decline of the Indian Rupee against the US dollar, many NRE accounts lost a lot of their value. You can deposit any amount of money in your NRE account. Some banks may limit the amount you can send in one business day, but if 250 times that amount seriously limits the amount of money you want to send each year, you should not be asking here; there are enough expensive lawyers, bankers and tax advisors who will gladly guide you to a satisfactory solution. There is no limitation on the total amount that you can have in your NRE account.  The earnings (interest paid) on the sum in your NRE account is not taxable income to you in India but you may still need to file an income tax return in India to get a refund of the tax withheld by the bank (TDS) and sent to the tax authorities. The bank should not withhold tax on the earnings in an NRE account but it did happen to me (in the past).  While the interest paid on your NRE account is not taxable in India, it is taxable income to you on your US tax returns (both Federal and State) and you must declare it on your tax return(s) even though the bank will not issue a 1099-INT form to you. Be aware also about  the reporting requirements for foreign accounts (FBAR, TD F90-22.1 etc). Lots of people ignored this requirement in the past, but are more diligent these days after the IRS got a truckload of information about accounts in foreign banks and went after people charging them big penalties for not filing these forms for ever so many years. There was a huge  ruckus in the Indian communities in the US about how the IRS was unfairly targeting simple folks instead of auditing the rich! But, if the total value of the accounts did not exceed $10K at any time of the year, these forms do not need to be filed. It seems, though, that you will not fall under this exemption since you are planning on having considerably larger sums in your NRE account. So be sure and follow the rules."}
{"_id": "89669", "title": "", "text": "B\u1eaft \u0111\u1ea7u t\u1eeb vi\u1ec7c mua nguy\u00ean li\u1ec7u th\u00f4 \u0111\u1ec3 chuy\u1ec3n t\u1ea3i k\u1ebft qu\u1ea3 cu\u1ed1i c\u00f9ng, t\u1ea5t c\u1ea3 c\u00e1c giai \u0111o\u1ea1n t\u1ea1o ra \u0111\u1ec1u \u0111\u01b0\u1ee3c c\u00e1c chuy\u00ean gia xem x\u00e9t. V\u1edbi v\u0103n ph\u00f2ng kho b\u00e3i kh\u1ed5ng l\u1ed3 v\u00e0 b\u1ed9 ph\u1eadn \u0111\u00f3ng g\u00f3i ho\u00e0n ch\u1ec9nh, ch\u00fang t\u00f4i \u0111\u00e3 \u0111\u1ea3m b\u1ea3o y\u00eau c\u1ea7u h\u00e0ng lo\u1ea1t c\u1ee7a kh\u00e1ch h\u00e0ng \u0111\u00fang gi\u1edd. B\u1ea5t c\u1ee9 khi n\u00e0o b\u1ea1n mu\u1ed1n s\u1eeda ch\u1eefa ng\u00f4i nh\u00e0 v\u00e0 vach ngan th\u1ea1ch cao ho\u1eb7c tr\u1ea7n nh\u00e0 trong nh\u00e0 b\u1ea1n th\u00ec b\u1ea1n n\u00ean ch\u1ecdn \u0111\u00fang n\u01a1i \u0111\u00e1ng tin c\u1eady \u1edf Vi\u1ec7t Nam. \u0110\u1ed9i ng\u0169 chuy\u00ean nghi\u1ec7p c\u1ee7a ch\u00fang t\u00f4i cung c\u1ea5p d\u1ecbch v\u1ee5 t\u1ed1t h\u01a1n v\u1edbi ch\u1ea5t l\u01b0\u1ee3ng cao."}
{"_id": "89675", "title": "", "text": "\"Interesting how you ignored and left out that it is collusion with GOVERNMENTS (a specific subset of human beings, ostensibly \"\"serving\"\" the public, but in reality generally serving themselves in a corrupt manner).  Ergo you MUST be a democrat/socialist.\""}
{"_id": "89686", "title": "", "text": "Some countries are considering stocking up on gold to shore up their notes.  (Or so I heard)  If this happens, gold will obviously become more rare.  The price will then be valued not only by the buying and selling of it but also by the forced rarity of it."}
{"_id": "89690", "title": "", "text": "First of all, that link is nonsense. I recommend you read the actual GAO audit report, which has 16T in *revolving loans* with only (if I recall) about 1.8T in actual loans at any one time. Secondly, every time I check the details of a claim from Bernie Sanders he has stretched the truth far beyond reasonable, mostly to keep his name in the news I expect.  Now, there was nothing that secret about *anything* in that report that was not reported in GAO reports from earlier. This audit was done for political purposes mostly, and the Fed has audits done regularly, as I stated earlier. This too can be checked, and I recommened you do so rather than believe me or that story.  That incident, as you call it, is already exceeding rare. You have to weigh the pros/cons of that incident (which as I pointed out is not really an incident) with the problems that arise when you make more transparent and governmental control of the Fed. If the Fed has a role in stabilizing the economy (which is it's mandate) and if many of the tools do not work as well with more transparency and if there is evidence across many countries that doing such things to the Fed will likely result in certain problems, then one should make that call. However, to want those changes made while being ignorant of the issues is a terrible idea, and it is the least informed that usually yell the loudest for such changes. This would not be a problem except then certain politicians realize they can get votes by pandering to the ignorant masses, which really leads to tanked economies.  Find how many economies have been tanked by an independent central banks versus how many have been tanked by political forces meddling with their respective economies.  Finally, I highly recommend anytime you read a story that sounds outrageous, track down the source material and read it yourself. If you cannot find source material, or they do not  list it, then distrust them.  You'll find 99/100 times the outrageousness is created by selectively pulling information from the actual reports. Then track down report sources, wherever possible. Etc.  Seriously, read the actual report."}
{"_id": "89703", "title": "", "text": "Our Website http://www.tanklessdoneright.net/ Tankless water heater reviews act as a crucial source to contrast and also examine different kinds of tankless water heaters offered on the marketplace. Tankless hot water heater reviews appear in periodicals, e-newsletters and publications. Like various other item testimonials, people along with companies and also suppliers article tankless hot water heater examines on the site Tankless Done Right. There countless Internet site committed to offering outstanding evaluations on the available tankless hot water heater."}
{"_id": "89713", "title": "", "text": "\"&gt;Despite having zero proof of such a thing happening.  I was refreshing when he did it, so I saw him downvote me in real time. Then, within a minute, he posted his reply. They float a div with the subreddit rule whenever you hover over the downvote. How is that not proof? Anyway, I suspect that FatStig is your alter account anyway, so you're essentially just a little contrarian who doesn't contribute to the discussion. Also, if that is your alter, the way you're defending it makes you a sock puppeteer in reddit parlance. That's unacceptable by the community's longtime standards.  &gt;The fact you even made a point to bring it up says all that needs to be said.   Pointing out your rule violations would not (and does not) satiate any anger in me; it's not like I reported it. The reason I drew attention to your misbehavior by mentioning it was to make you uncomfortable, because I want to alienate you from the conversation because your participation in it (and probably other discussions on this sub) was not contributing to the discussion. It was detracting from my user experience. You're trying to frame it as an angry tirade because repackaging my legitimate complaint of your behavior makes it easier to dismiss. You are doing that because you are juvenile, and you are inconsiderate of the people around you who have to constantly deal with your shit. Truth.  &gt;\"\"IDC you little twerp.\"\" Ya you did get mad over being downvoted.  Emotions are a range. When I was a young man, there were times I became angry at little things. Over time that has changed. Don't mistake my contempt for your personality as anger: I think you're a twerp because you exhibit the same shallow misbehavior that a long-time user, like me, perceives as corrupting reddit as I know and love it. I disdain your participation in my interests; I find you to be annoying in an irritating sort of way. And, honestly, this is way harsher than I wanted to be with you, because I want to discourage you trying to interact with me if you are unwilling to change your ways. Your ways are a waste of my time and energy. I will probably stop responding soon because my prerogative, at this point, is to stop being exposed to your nonsense.\""}
{"_id": "89714", "title": "", "text": "With a long enough time horizon, no matter when you buy, equities almost always outperform cash and bonds. There's an article here with some info: http://www.fool.co.uk/investing-basics/how-when-and-where-to-invest/ Holding period where shares have beaten cash  There was a similar study done which showed if you picked any day in the last 100 years, no matter if the market was at a high or low, after 1 year your probability of being in profit was only 0.5, but after 10-20 years it was almost certainly 1.0.  Equities compound dividends too, and the best place to invest is in diversified stock indices such as the S&P500, FTSE100, DOW30 or indices/funds which pay dividends. The best way to capture returns is to dollar cost average (e.g. place a lump sum, then add $x every month), to re-invest dividends, and oh, to forget about it in an IRA or SIPP (Self invested pension) or other vehicle which discourages tampering with your investment.  Yes, values rise and fall but we humans are so short sighted, if we had bought the S&P in 2007 and sold in 2009 in fear, we would have missed out on the 25% gain (excluding dividends) from 2007-2014. That's about 3% a year gain even if you bought the 2007 high -beating cash or bonds even after the financial crisis. Now imagine had you dollar cost averaged the entire period from 2007-2014 where your gain would be. Your equity curve would have the same shape as the S&P (with its drastic dip in 2009) but an accelerated growth after. There are studies if you dig that demonstrate the above. From experience I can tell you timing the market is nigh impossible and most fund managers are unable to beat the indices. Far better to DCA and re-invest dividends and not care about market gyrations! .."}
{"_id": "89725", "title": "", "text": "The ignorant and absolutely misleading or flat out lying done by these companies to sway politicians in favor of fracking is intellectually insulting to someone whose head is not firmly rammed up his own ass. Specifically, me. Fracking is no bueno because it is no safeo. Why not also store spent nuclear fuel rods close to an aquifer while we're doing stupid things?"}
{"_id": "89734", "title": "", "text": "\"Rod Kagy is a corporate Vice Chairman, and Chairman overseeing five private organizations &amp; has been recognized by a company as one of the \"\"Top 50 Business Intellectuals in the World\"\"; by Harvard Business Press as one of the \"\"Top 200 Business Gurus\"\"; by American Express as one of the \"\"Top Six Business Leaders in the World\"\" to coach its entrepreneurial clients.\""}
{"_id": "89744", "title": "", "text": "Japan printed 11 trillion yen on Monday.  They do this by monetizing their own debt.  The increase in the supply of yen affects the value of the currency.  Strange thought, I know.  Greece has an economic crisis because they were borrowing at rates that AAA rated countries do.  Someone noticed that they weren't exactly a AAA country when they needed to ask for bailout money.  Since all government debt is considered risk free and same as cash, this came as a shock to most 'investors' hence the 'crisis'  edit: my bad, was 11 trillion, not 9 trillion"}
{"_id": "89755", "title": "", "text": "\"Entrepreneurship is the solution.  Everyone just wants \"\"a job\"\".  Why not make your own, then eventually provide jobs for others?  Stop thinking of life as a random string of jobs until you retire.  Create, invent, and provide something useful to society.  You'll have a happier life and you'll be bettering this world.\""}
{"_id": "89773", "title": "", "text": "Nobody is suggesting that China hasn't had massive amounts of growth. However, even a relatively small discrepancy (for instance, 6.9% against 6.5%, similar to what appears in the article) can compound in to a huge difference over years.  If that relatively minute 0.4% spread were misreported since the 90s, that produces output gap of about USD $2 trillion (roughly 10% of the GDP).   It's hard to guess the magnitude of the inaccuracies, though some estimates exist, but I'd be willing to bet that the government never *under* reports growth.  Why do inflated assets matter? Because they lead to unrealizable capital gains on the balance sheet that gets counted in GDP, potentially producing reporting inaccuracies.  I agree with you that infrastructure projects drive a lot of China's growth, but again, the other drivers notwithstanding, there is a material difference between 6.5% and 6.9%."}
{"_id": "89786", "title": "", "text": "\"You will receive a combination of Verizon shares and cash whether you chose option B or C. Option B means that your \"\"Return of Value\"\" will be treated as capital - ie: as a capital gain. Option C means that your \"\"Return of Value\"\" will be treated as income - ie: as a dividend. As your ISA has favourable tax status, you don't end up paying any capital gain tax or income tax on dividend income. So it won't matter which option you chose.\""}
{"_id": "89807", "title": "", "text": "The car company loans you money at 1 or 2% because it is part of the incentive to get you to buy the car.  Car company transactions are complex involving the manufacturer, the dealership, and the financing part of the car company. Not to mention Rebates, the used car transaction, and the leasing department. If they don't offer you a loan then the profit from that part of transaction is lost to an outside company. The better loan rates from the manufacturer are only with shorter term loans and without the rebate. That is why some suggest that you get the rebate, and then go to a credit union for the loan for lowest overall cost and greatest flexibility. The advertised rates are also only for the customers with great credit scores and the room in their clash flow to pay off the loan in a year or two. If you don't fit in that category, the rates will be higher."}
{"_id": "89808", "title": "", "text": "\"Its definitely not a stupid question. The average American has absolutely no idea how this process works. I know this might be annoying, but I'm answering without 100% certainty.   The Fed would increase the money supply by buying back government bonds. This increased demand for bonds would raise their price and therefore lower the interest return that they deliver. Since U.S. treasury bonds are considered to be the very safest possible investment, their rate is the \"\"risk free\"\" rate upon which all other rates are based. So if the government buys billions of these bonds, that much money ends up in the hands of whoever sold them. These sellers are the large financial organizations that hold all of our money (banks and large investment vehicles). Now, since bond rates are lower, they have an incentive to put that money somewhere else. It goes into stocks and investment in business ventures.   I'm less certain about how this turns into inflation that consumers will recognize. The short answer is that there is only a finite number of goods and services for us to buy. If the amount of money increases and there are still the same number of goods and services, the prices will increase slightly.   Your question about printing money to pay off debts is too complex for me to answer. I know that the inflation dynamic does play a role. It makes debts easier to pay off in the future than they seem right now. However, causing massive inflation to pay off debts brings a lot of other problems.\""}
{"_id": "89811", "title": "", "text": "Since the I in IRA is individual. The retirement money from your accounts will end up in one or more IRAs. The retirement money from your spouses retirement accounts will end up in one or more IRAs owned by your spouse. How many IRA each will need depends on if the retirement fund contains pre-tax, post-tax, Roth and company match; and if you want to do any conversions."}
{"_id": "89812", "title": "", "text": "Enjoy the advantages of gd2one , the best online sports book for the users. At gd2one you will find a wide coverage of most sporting events and an extensive online betting offer. The mechanics to bet on gd2one is very comfortable and simple thanks to our sports betting guide that will guide you through the process. With simple steps you will enter a new world and you can start to place your bets on soccer, basketball, tennis, malaysia football betting, Formula 1, MotoGP or whatever your favourite sport. Choose the type of bets that you prefer from the wide offer you will find on our website. Every day we are more fans of internet gambling. Are you going to stay out of the game? Follow the most important sporting events every day and safely conduct your sports betting by taking advantage of the best odds."}
{"_id": "89838", "title": "", "text": "They are.   For example, they both have LTE equipment and labor contracts with Ericsson. The deal basically means that they can mass-order LTE network hardware from Ericsson, save on cost per unit,  and ship them between Japan and the US as needed.   Hardware that supports multiple frequencies does exist.  Both carry the iphone and Sprint can help secure better devices for Softbank while Softbank can provide an easy way for OEMs, previously unknown in the US, to cross over.   When Apple demands that carriers make large orders of iphones,  Sprint and Softbank can both make the order and pass inventory between them.  Language related issues are not a big deal these days."}
{"_id": "89852", "title": "", "text": "Education costs will not continue on that trend. The vast majority of people will not have 529 accounts with a half million dollars in them. And banks, while loosey goosey with loans for the last 20 years, will not be lending out a half million dollars to college kids - who will surely default on them.   Which means if college costs continue at that pace, most colleges will fold."}
{"_id": "89868", "title": "", "text": "There are 3 account types your question discusses and each has its good/bad points. The above is a snapshot of these account types. IRAs have income restrictions that may disallow a deduction on the traditional, or any deposit to Roth, etc.  If this does not address your question, please comment, and I'll edit for better clarity."}
{"_id": "89872", "title": "", "text": "\"Personally I would advise only buying what you can afford without borrowing money, even if it means living in a tent. Financially, that is the best move. If you are determined to borrow money to buy a house, the person with income should buy it as sole owner. Split ownership will create a nightmare if any problems develop in the relationship. Split ownership has the advantage that it doubles the tax-free appreciation deduction from $250,000 to $500,000, but in your case my sense is that that is not a sufficient reason to risk dual ownership. Do not charge your \"\"partner\"\" rent. That is crazy.\""}
{"_id": "89880", "title": "", "text": "People don't realise this. Their trading Bitcoins doesn't validate its utility and guarantee its survival. They will trade anything which makes money without taking a position on it. Even if they take positions they will be the first one out at the sign of trouble as it happened during the Lehman crisis.   In any case this might be some junior guys making a proposal to the management which would most likley get shot down."}
{"_id": "89888", "title": "", "text": "The Fair Credit Reporting Act (FCRA) says that account history will stay on your credit report as a closed account for 7 years, and then it will drop off, just like any other bad or good mark on your credit (aside from bankruptcies which stay on reports for 10 years, and can be asked about for the rest of your life). The presence of a new credit card will do more to lower your score in the short term than closing an old credit card. On a related note, reporting a card as lost or stolen can also show up as a different, closed account, even if you keep the same account open with the creditor."}
{"_id": "89892", "title": "", "text": "It'll work for sure. Maybe just not yet. Amazon might just be planting the seed for a business they expect to take off in 5 years. The logistics of delivering fresh food will be figured out and the convenience of grocery shopping online will catch consumers."}
{"_id": "89928", "title": "", "text": "Sure, and I agree that self-driving cars will replace current vehicles over time. Where I disagree with people is in the claim that individuals will give up private ownership in exchange for order-up public vehicles. Many people who discuss automation try to lump in this idea of giving up private ownership as well. I don't see that happening."}
{"_id": "89934", "title": "", "text": "STEM activities which mean Science Technology Engineering and Math are the entire buzz in education. Kids enjoy finding out how things work out through hands-on projects, fun and educators love knowing that they are also preparing their students for their tech future. In this program, participants of STEM For Kids program will learn and know how to make a basic computer programs &amp; codes for games etc. Get more details on hands-on projects on STEM For Kids at:http://www.newjerseyhunter.com/forums/members/57378.html"}
{"_id": "89940", "title": "", "text": "Is that the case? I thought that all physical box offices sold tickets at face value, if you want to schlep all the way out there to buy your tickets in person. Or is it just a myth?  As with most folks, I get all my tickets on ticketbastard.com, so I guess I'll never find out."}
{"_id": "89941", "title": "", "text": "While in the interview stage you need one good outfit. Take care of them and they will see you through this stage of the process. Shoes, ties, shirt, and a suit can all be purchased on sale. The fact that you have months before graduation give you time to purchase them when there is a sale.  Off-the-rack is good enough for a suit for this stage of your life. There is no need to go custom made when you are just starting out. In fact you may find you never need more than one or two suits, and they never need to be custom made."}
{"_id": "89947", "title": "", "text": "\"I would add to the other excellent answers that another factor besides just high unemployment numbers is the fear people have regarding the \"\"financial\"\" aspects of the country, that is the value of stocks and the value of the dollar.  When the economy is sluggish it means people aren't buying enough, therefore companies aren't making enough, therefore their profits are too low and people start to divest from them, and stock prices drop.  Or even the fear of this happening can induce people to sell off shares.   The point is, people are worried \"\"in this economy\"\" because if--due to unemployment, low spending/consumer confidence--the stock market crashes again as it did in 2008/09, that represents a lot of savings lost, e.g. 40-50% of what one was counting on to retire with, particularly if you panic sell at the bottom.  Now suddenly it's as if you had a huge robbery, and you will have to work longer into your retirement years than you'd planned.  Similarly, if, due to monetary policy, the U.S. inflates the dollar, what one saved for retirement may not be sufficient.  (These arguments are true for shorter periods than just one's retirement, but just taking that as an example). So it's not just unemployment that is worrisome \"\"in this economy\"\".  This said, I agree with George Marian that one ought to be careful and plan well regardless of the winds of the economy.  I guess for most people (and companies), though, \"\"in this economy\"\" means they can't get away with the kind of carelessness they might have during a boom.\""}
{"_id": "89964", "title": "", "text": "\"It's extremely easy to get a rough valuation of your home. Just phone a real estate agent. Virtually any real estate agent will come and value your home free. Even if you say outright \"\"I'm not considering selling, I just want a valuation\"\" they will probably do it, because for them getting contacts of people who might one day want to sell their home is all-important. Even if a few turn you down, some will do it. You might say that an agent isn't going to be as accurate as an appraiser, and you are right. There is also an expectation that they will evaluate higher than the real value, to persuaade you to sell. That probably isn't a big issue, and it's something you can compensate for. And even an appraiser is going to be based somewhat on speculation.  You might try to do this calculation yourself, but an agent has access to the actual sale prices of nearby houses - you can't get that information. You only have access to the asking prices. And did I mention they will do it for free?\""}
{"_id": "89973", "title": "", "text": "\"I think Fidelity has a very nice introduction to Growth vs Value investing that may give you the background you need.  People love to put stocks in categories however the distinction is more of a range and can change over time. JB King makes a good point that for most people the two stocks you mentioned would both be considered value right now as they are both stable companies with a significant dividend.  You are correct though Pfizer might be considered \"\"more growth.\"\" A more drastic example would be the difference between Target and Amazon.  Both are retail companies that sell a wide variety of products.  Target is a value company: a established company with stable revenues that uses its income to give a fairly stable dividend.  Amazon is a growth company: that is reinvesting its revenues back into the corporation to grow itself as fast as possible.   The price of the Amazon stock reflects what people think will be future growth (future income) for the company.  Whereas Target's price appears to be based on the idea that future income will be similar to current income.  You can see why growth companies like Amazon might be more risky as that growth you paid a high price for may not be realized, but the payout may be much higher as well.\""}
{"_id": "90007", "title": "", "text": "You may need to specifically state that your extra payments should go towards principal, and should not be considered early payments of future months."}
{"_id": "90009", "title": "", "text": "First of all, congratulations on your home purchase.  The more equity you build in your house, the more of the sale price you get out of it when you move to your next house.  This will enable you to consume more house in the future.  Think of it as making early payments towards your next down payment. Another option is to save up a chunk of money and recast your mortgage, paying down the principal and having the resulting amount re-amortized to provide you with a lower monthly payment.  You may be able to do this at least once during your time in the house, and if you do it early enough it can potentially help your savings in other areas. On the other hand, it is possible given today's low interest rates for mortgages that in other forms of investments (such as index funds) you could make more on the money you'd be putting towards your extra payments.  Then you would have more money in savings when you go to sell this house and buy the next one that you would in equity if you didn't go that route.  This is riskier than building equity in your home, but potentially has a bigger pay-off. You do the trade-offs."}
{"_id": "90010", "title": "", "text": "You sound ahead of the game. I personally regret locking myself in rooms in post-hs depression with the Internet and books.  Honestly, I have regrets from that time a few years ago. Recognize and cherish your freedom. I know this sounds clich\u00e9 as hell but at this unique stage it's priceless and fleeting. Hang with friends, drink, chase girls, have adventures with friends as much as possible before you go separate ways permanently.   In your free time, lift weights to have even more fun in college.   It sounds like you're hustling. In a few months life is gonna hold a proverbial gun to your head and say you can't NOT hustle for years and years and years. It doesn't have to be like that but it is for most ambitious people. Especially in finance.   Assuming you're not about that or have your bases covered, any coding is great. Check out R. CSS, HTML if you wanna know web design. Read Wall Street Oasis instead of this sub.   Excuse the rantyness of that"}
{"_id": "90044", "title": "", "text": "\"Yeah... using let's encrypt for the SSL certs.... which I'm certainly not against, but provides even less guarantee they are who they say they are.  High probability of scam.  EDIT: Port 22 is wide open which gives me even less faith.  EDIT 2: I could not find \"\"Beam\"\" or \"\"Meet Beam\"\" on the FDIC registry either.  https://research.fdic.gov/bankfind/\""}
{"_id": "90063", "title": "", "text": "Conference on \u2018Achieving Better Parenting for our Children\u2019 November 29, 2011 \u2018Parenting towards Resilience\u2019 was the main theme discussed during a conference held recently, organised by Agenzija Sedqa in collaboration with the Office of the Children\u2019s Commissioner. Ms. Sina Bugeja, Chief Executive Officer, Foundation for Social Welfare Services during her opening address explained that Parenting towards Resilience, was the main theme chosen by the Foundation to [...]  Spring Hill United Church of Christ to offer support group for people with HIV/AIDS November 29, 2011 By Gail Hollenbeck, Times Correspondent In Print: Saturday, November 26, 2011 Print Email Post Republish Story Tools Comments (0) Contact the editor Email Newsletters Social Bookmarking ShareThis ADVERTISEMENT ADVERTISEMENT Featured Syracuse Fires Assistant Basketball Coach Fine Bucs blow late lead, lose 23-17 to Titans Rewind: Admiral Farragut heads to state semis Armwood 23, Hillsborough 0 Pasco [...]  Health Board November 29, 2011 SYLVIA THOMPSON German psychotherapist Bert Hellinger has developed an approach to dealing with relationship problems, financial distress, addictions and career troubles that is based on the idea that self-limiting beliefs can be inherited from previous generations. Julie Williams will lead a workshop in this approach on Saturday from 10.30am-5pm in Greystones Holistic Centre, Church Road, [...]"}
{"_id": "90066", "title": "", "text": "This isn't a DIY area. You should talk to a lawyer about setting up a trust. Also, does the irresponsible person acknowledge that they are irresponsible? Are the legally competent? Or are you looking at a 20 year old with a big check coming down?"}
{"_id": "90073", "title": "", "text": "Stock prices reflect future expectations of large groups of people, and may not be directly linked to traditional valuations for a number of reasons (not definitive). For example, a service like Twitter is so popular that even though it has no significant revenue and loses money, people are simply betting that it is deeply embedded enough that it will eventually find some way to make money. You can also see a number of cases of IPOs of various types of companies that do not even have a revenue model at all. Also, if there is rapid sales growth in A but B sales are flat, no one is likely to expect future profit growth in B such that the valuation will remain steady. If sales in A are accelerating, there may be anticipation that future profits will be high. Sometimes there are also other reasons, such as if A owns valuable proprietary assets, that will hold the values up. However, more information about these companies' financials is really needed in order to understand why this would be the case."}
{"_id": "90085", "title": "", "text": "Employee Stock Purchase Plans (ESPPs) were heavily neutered by U.S. tax laws a few years ago, and many companies have cut them way back. While discounts of 15% were common a decade ago, now a company can only offer negligible discounts of 5% or less (tax free), and you can just as easily get that from fluctuations in the market. These are the features to look for to determine if the ESPP is even worth the effort: As for a cash value, if a plan has at least one of those features, (and you believe the stock has real long term value), you still have to determine how much of your money you can afford to divert into stock. If the discount is 5%, the company is paying you an extra 5% on the money you put into the plan."}
{"_id": "90119", "title": "", "text": "You can. Speculating on marine traffic is more closely tied to oil trades and ocean shipping container rates, than trades on any particular companies. But companies heavily tied to ocean shipping can be ripe for speculation. The baltic dry index is created for this analytical purpose, and that information can be used as an indicator to hedge or speculate in container freight swap agreements.  The Guggenheim Shipping Exchange Traded Fund also serves as a proxy for maritime shipping profitability, but it is just a bundle of several publicly traded marine shipping companies shares."}
{"_id": "90122", "title": "", "text": "I'm pretty sure Amy is a chicks name. I'm sure there are people lining up for those jobs. There is something about tech culture in general (not just startups) that glorifies long hours even if they aren't necessary or productive. I find it interestingly wrong."}
{"_id": "90153", "title": "", "text": "\"You want a fee-only advisor.  He charges like an architect or plumber: by the hour or some other \"\"flat fee\"\". That is his only compensation. He is not paid on commission at all.  He is not affiliated with any financial services company of any kind.   His office is Starbucks.  He does not have a well lit office like the commission broker down the street.  He does not want you to hand him your money - it stays in the brokerage account of your choice (within reason - some brokerage accounts are terrible and he'll tell you to get out of those).  He never asks for the password to your brokerage account.  Edit: The UK recently outlawed commission brokers.  These guys were competitive \"\"sales types\"\" who thrive on commissions, and probably went into other sales jobs.  So right now, everyone is clamoring for the few proper financial advisors available.  High demand is making them expensive.  It may not be cost-effective to hire an advisor; you may need to learn it yourself.  It's not that hard.  Ever hear of a plumber who works totally for free, and makes his money selling you wildly overpriced pipe?  That's what regular \"\"financial advisors\"\" are.   They sell products that are deliberately made unnecessarily complex. The purpose is first, to conceal sales commissions and high internal fees; and second to confuse you, so the financial world feels so daunting that you feel like you need their help just to navigate it.   They're trying to fry your brain so you'l just give up and trust them.   Products like whole life and variable annuities are only the poster children for how awful all of their financial products are.  These products exist to fleece the consumer without quite breaking the law.  Of course, everyone goes to see them because they have well lit offices in every town, and they're free and easy to deal with. Don't feel like you need to know everything about finance to invest.  You don't need to understand every complex financial product that the brokerage houses bave dreamed up: they are designed to conceal and confuse, as I discuss above, and you don't want them.  The core of it is fairly simple, and that's all you really need to know.   Look at any smaller university and how they manage their endowments. If whole life, annuities and those complex financial \"\"products\"\" actually worked, university endowments would be full of them.   But they're not!  Endowments are generally made of investments you can understand.  Partly because university boards are made of investment bankers who invented those products, and know what a ripoff they are.   Some people refuse to learn anything.  They are done with college and refuse to learn anything more.   I hope that's not you.   Because you should learn the workings of everything you're investing in.    If you don't understand it, don't buy itl  And a fee-only financial advisor won't ask you to.  1000 well-heeled, well-advised university endowments seek the most successful products on the market... And end up choosing products you can understand.  That's good news for you.\""}
{"_id": "90180", "title": "", "text": "\"I remember when they were making a tidy profit, and I thought \"\"I wish every branch of the government ran like this.\"\"  The real reason they are losing money? Email.   Sure, they can still exist as a break even, and they should. However, once upon a time they were taking a letter for 32 cents to anywhere the fuck you wanted in the US and making a profit. That's pretty cool.\""}
{"_id": "90189", "title": "", "text": "It's amazing that there is this assumption that Government does not contribute to a nation's economy. In the US, so many radical right wingers want to remove government taxation and spending entirely because they honestly believe that it has zero effect on the economy. These were the sort of people who were getting excited during the debt limit debate in the US a few years back.  As for me, I would love to see American politicians decide on principle to cut government spending by 75% (no medicare, no NASA, etc). The resulting economic and social collapse would kill off that ideology for a few generations at least."}
{"_id": "90198", "title": "", "text": "\"Hi all, just doing some homework which is evaluating a soccer clubs accounts using ratios. We have to include a paragraph on suggesting \"\"non financial appraisal\"\" for the soccer club. Anyone any idea what this could mean? Thanks\""}
{"_id": "90202", "title": "", "text": "When's the last time you've been there?    https://www.bestbuy.com/site/dynex-6-4k-ultra-hd-hdmi-cable-black/7525078.p?skuId=7525078  Six bucks.  https://www.bestbuy.com/site/dynex-apple-mfi-certified-3-lightning-to-usb-charge-and-sync-cable-gray/4290013.p?skuId=4290013  Eight bucks.  What did they(we, I work for them) do to you?  Unless the store near you REALLY sucks, it sounds like you haven't been in a best buy store in years."}
{"_id": "90230", "title": "", "text": "The vendor needs to do this using apportionment, according to the VAT rules for mixed supplies: If you make mixed supplies and the individual supplies are not liable to VAT   at the same rate then you need to work out the tax value of   each supply in order to calculate how much tax is due. If the tax   value is based on the total price you charge (see paragraph 7.3) you   do this by splitting that price between the supplies. This is called   an apportionment ... There is no special method of apportionment ... However, your calculations must be fair and you must be able to justify them. It is usually best to use one of the methods shown in section 32. The section 32 referred to really relates to apportioning use between business and non-business purposes, but it implies that splitting up the total price in proportion to the original prices would probably be fair. So in your example the vendor might split the \u00a35 discount equally between the spoon and the carrycot as they had the same gross cost, and pay VAT as if each had cost \u00a37.50 gross. The vendor could also do it in proportion to their net (pre-VAT) prices and thus apportion a bit more of the discount to the carrycot than the spoon, but as this would lead to them paying slightly more tax overall they probably wouldn't choose to. However, none of this is likely to be too relevant to a consumer, since in the UK prices must be presented as the gross (VAT-inclusive) amounts and so the discounts will also apply to those amounts. It will of course affect how much of the purchase price the vendor ends up paying on to the government and thus might indirectly affect what discounts the vendor is willing to offer."}
{"_id": "90238", "title": "", "text": "The short answer is that it's never the right time to buy an emerging technology. As long as the technology is emerging, you should expect that newer revisions will be both better and less expensive. With solar, specifically, there are some tax credits to help the early adopters that may help you on the cost/benefit analysis, but in the end, you still have to decide whether the benefits outweigh the costs now, and if not, whether that will change in the near future. For me, part of the solar benefit is the ability to generate electricity when the power goes out. That option does require local battery storage, however. One of the benefits of using Musk's solar tiles instead of actual slate is the weight of the quartz tiles which is much lower than the weight of real slate. In many cases a slate roof is heavy enough to require major reinforcement of the roof trusses before installation. The lower weight also saves significantly on shipping costs. This is where Musk can lower costs enough to be competitive to some of the materials he hope to compete with."}
{"_id": "90255", "title": "", "text": "I would like to specifically address your second question. There are a number of great resources available online, but I found that when I was first starting out the website Investopedia was a very helpful resource. There you will find a wide range of information regarding investing, investment vehicles, and glossaries of key terms with robust definitions to help you with the financial jargon."}
{"_id": "90259", "title": "", "text": "Indeed! I actually travel to the US a lot, so that convo might actually happen ;) Which state do you live in?  I fear you are right when it comes to waging war. I believe the modern world is now in a post-war state. Physical war is no longer feasible among the great powers, and so the battleground is now dominated by a literal war of ideas.  I think the Russians are great manipulators - but there needs to be someone out there for them to manipulate. And while the Russians are the ones watering the garden, the seeds of extremism was sown by the elites. Those who were willing to condemn entire peoples to poverty and ignorance in the name of wealth.  In the end, I think the elite are fundamentally short sighted. The revolution will come for them too, no matter which side wins. I just hope we will manage to create a revolution that leaves everyone else better off in the future.  Thank you, and best of luck to you too! Know that you have brothers and sisters around the world who fight beside you."}
{"_id": "90277", "title": "", "text": "So the easy to extract petroleum products are diminishing in supply and the petroleum extraction companies have to expend more capitol to get the commodities they sell on an open market and that's hurting their profit margin?  Who could have ever envisioned such a situation?"}
{"_id": "90289", "title": "", "text": "&gt;I was referring to earlier whose large legal department said we were legally safe to hire only christian salesmen and board members.   Safe until someone decides to challenge them with a lawsuit.  Which they may or may not win.  But Title VII is pretty thin legal protection for an insurance company given that they, as you noted, primarily sell insurance.  I would think much of the safety comes from economic incentives, or the lack there of for a non-christian salesman.  Assuming they are operating in their own interest, no salesman who earns off of commission would want a handicap right out of the gate when dealing with christian customers."}
{"_id": "90290", "title": "", "text": "I think you're making a mistake. If you still want to make this mistake (I'll explain later why I think its a mistake), the resources for you are: IRS.GOV - The IRS official web site, that has all the up-to-date forms and instructions for them, guiding publications and the relevant rules. You might get a bit overwhelmed through. Software programs - TurboTax (Home & Business for a sole propriator or single member LLC, Business for more complicated business), or H&R Block Business (only one version that should cover all) are for your guidance. They provide tips and interactive guidance in filling in all the raw data, and produce all the forms filled for you according to the raw data you entered. I personally prefer TurboTax, I think its interface is nicer and the workflow is more intuitive, but that's my personal preference. I wrote about it in my blog last year. Both also include plug-ins for the state taxes (If I remember correctly, for both the first state is included in the price, if you need more than 1 state - there's extra $30-$40 per state). Your state tax authority web site (Minnesota Department of Revenue in your case). Both Intuit and H&R Block have on-line forums where people answer each others questions while using the software to prepare the taxes, you might find useful information there. As always, Google is your friend. Now, why I think this is a mistake. Mistakes that you make - will be your responsibility. If you use the software - they'll cover the calculation mistakes. But if you write income in a wrong specification or take a wrong deduction that you shouldn't have taken - it will be on your head and you're the one to pay the fines and penalties for that. Missed deductions and credits - CPA's (should) know about all the latest deductions and credits that you or your business might be entitled to. They also (should) know which one got canceled and you shouldn't be continuing taking them if you had before. Expenses - there are plenty of rules of what can be written off as an expense and how. Some things should be written off this year, others over several years, for some depreciation formula should be used, etc etc. Tax programs might help you with that, but again - mistakes are your responsibility. Especially for the first time and for the newly formed business, I think you should use a (good!) CPA. The CPA should take responsibility over your filing. The CPA should provide guarantee that based on the documents you provided, he filled all the necessary forms correctly, and will absorb all the fees and penalties if there's an audit and mistakes were found not because you withheld information from your CPA, but because the CPA made a mistake. That costs money, and that's why the CPA's are more expensive than using a program or preparing yourself. But, the risk is much higher, especially for a new business. And after all - its a business expense."}
{"_id": "90294", "title": "", "text": "For what it's worth -- and I realize this isn't directly an answer to the question -- one of the advantages of sticking with mutual funds, beyond their being inherently diversified, is that it removes a lot of the temptation to try to time the market. When you need money, you sell shares in such a way that it maintains your preferred investment ratio, and simply don't worry about which stocks are  actually involved. (I've gotten 15% APR this year across all my investments, for absolutely minimal effort. That's quite good enough for me.)"}
{"_id": "90348", "title": "", "text": "You will be liable to pay the tax For the 2017 year of assessment (1 March 2016 - 28 February 2017) if you earned less than R75 000 you will not have to pay any tax The annual budget speach is this week and the new tax rates will be released but most likely that R75 000 will increase to R78 000+- so if you earn less than that tax would not even be applicable on you, Should you earn in a tax year more than R75 000 then would be able to do your own tax return and payments via E-Filling on SARS's website : http://www.sarsefiling.co.za/ But if you earn less than R350 000 then you don't have to submit a tax return, but there is nothing that stops you from submitting one if you feel that you want to. You can use https://www.taxtim.com/za/ to help you with other questions  you might have. You can potentially bring down your tax-able income by showing a loss in capital value of your equipment that you purchased that is now worth less than it was when you initially purchased it, but these are all things you should discuss with a tax practitioner, I am not entirely sure how you will show a loss in capital value as a sole-proprietor, that is what you will be since you are not a company."}
{"_id": "90352", "title": "", "text": "Touch ID =no one cares.  That's MS strategy, come up with things no one cares about.   Luckily, many are due for an upgrade after many passing on iPhone 5, so the 6 is guaranteed to have higher sales."}
{"_id": "90369", "title": "", "text": "Atlanta, and I hate it. I'm really not a city person - I like mountains and trees and streams. I'm not trying to hate on city people, I was just hating on this dude for hating things he hasn't experienced.  Like I said, I like the state of Nevada - the parks and stuff are awesome, I just hate Las Vegas like I hate NYC and LA and SF and every other big city.   But anyway, going back to the GP, he said he has never visited Las Vegas and he hates it. That's lame. You should experience something before you hate it."}
{"_id": "90372", "title": "", "text": "People are trying ideas like this, actually.  Though they generally aren't very public about it.  While keshlam ventures into hyperbole when mentioning Watson, he is certainly correct human language parsing is a extremely hard problem. While it is not always true that the big players will know before the news (sometimes that would qualify as insider trading).  The volume spike that you mention generally comes as the news arrives to the major (and minor) players.  So, if you have an algorithm run after the volume spike the price will likely have adjusted significantly already. You can try to avoid this by constantly scanning for news on a set of stocks however this becomes an even harder problem.  Or maybe by becoming more specific and parsing known important and specific news sources (farm report for instance) and trying to do so faster than anyone else.  These are some methods people use to not be too late."}
{"_id": "90405", "title": "", "text": "\"Imho, give yourself a base measurement. Bolster your knowledge of analytics and bar marketing. (For all intensive purposes, I'm calling it a bar). While Facebook and Twitter are good tools, they cannot be your sole focus for marketing revenue. Mainly, because active user age is lower than the drinking age in a large portion of most US domestic markets. Figure out your target market, the market for your area and gain that following. Finally, don't be afraid to give. This does not have to be in monetary form. Look for active ways to promote utilizing public servants. When I first graduated school, I opened a coffee shop, we sponsored events with our local \"\"guns and hoses\"\" (cops v firefighters), and put a lot of emphasis on our teacher, nurses appreciation months.\""}
{"_id": "90406", "title": "", "text": "\"One might hope for slightly more rationality in the platinum market. Rarely does one hear talk of \"\"platinum bugs\"\", rants about how every society on Earth has valued platinum as the One True Valuable Thing (tm), or seen presidential candidates call for the return to the platinum standard.\""}
{"_id": "90432", "title": "", "text": "I think Peachtree is a double entry system"}
{"_id": "90447", "title": "", "text": "Well sure but derivatives valuations that you see on this chart are complete bs. Normally the derivative (future or a swap) is actually worth zero. What this chart is tallying up is the notional which is an arbitrary number only used to calculate the P&amp;L on the derivative. Sorry but this is not really the value of the derivative, so hard to see how derivatives on this chart make any sense at all."}
{"_id": "90482", "title": "", "text": "\"Money is all relative, for sure. People will pay more if they can afford more, that I get too.   The small hiccup here is that you're talking about federal minimum wage, and the original idea was about Wal-Mart employees only. If Wal-Mart workers received 2 dollars more per hour, do you really think that would affect inflation?  Also, doesn't importing from countries that pay their workers less have an impact?  And, if the market is supposed to take care of minimum wages by itself by always offering a \"\"better\"\" choice for workers until it reaches the highest possible rate, wouldn't the same be for prices of goods, but in the opposite direction? And if these things were a functional reality instead of academic theories, wouldn't there be less of a wealth disparity in the US?\""}
{"_id": "90504", "title": "", "text": "\"**The paper\u2019s findings are preliminary and have not yet been subjected to peer review.**  &gt;\"\"The paper\u2019s findings are preliminary and have not yet been subjected to peer review. And the authors stressed that even if their results hold up, their research leaves important questions unanswered, particularly about how the minimum wage has affected individual workers and businesses. The paper does not, for example, address whether displaced workers might have found jobs in other cities or with companies such as Uber that are not included in their data.\"\"\""}
{"_id": "90507", "title": "", "text": "Clutch Bags is the best place where you can find out all kinds of bags is online. Here you can find any imaginable design, colors and sizes in Clutch purse at an affordable price. You also have the option to go to a store and personally look for one. This way you'll get to feel the bag and scrutinize it very well. At our website,  you can also check out the prices for each so you can compare another bag."}
{"_id": "90519", "title": "", "text": "\"IPO is \"\"Initial Public Offering\"\". Just so you know. The valuations are done based on the company business model, intellectual property, products, market shares, revenues and profits, assets, and future projections. You know, the usual stuff. Yes, it is. And very frequently done. In fact, I can't think of any company that is now publicly traded, that didn't start this way. The first investor, the one who founds the company, is the first one who invests in it after raising the capital (even if it is from his own bank account to pay the fees for filing the incorporation papers). What is the difference between \"\"normal\"\" investor and \"\"angel\"\"? What do you refer to as \"\"angel\"\"? How is it abnormal to you? Any investor can play a role, depending on the stake he/she has in the company. If the stake is large enough - the role will be significant. If the stake is the majority - the investor will in fact be able major decisions regarding the company. How he bought the stocks, whether through a closed offering, initial investment or on a stock exchange - doesn't matter at all. You may have heard of the term \"\"angels\"\" with regards to high-tech start up companies. These are private investors (not funds) that invest their own money in start ups at very early stages. They're called \"\"angels\"\" because they invest at stages at which it is very hard for entrepreneurs to raise money: there's no product, no real business, usually it is a stage of just an idea or a patent with maybe initial prototype and some preliminary business analysis. These people gamble, in a sense, and each investment is very small (relatively to their wealth) - tens of thousands of dollars, sometimes a hundred or two thousands, and they make a lot of these. Some may fail and they lose the money, but those that succeed - bring very high returns. Imagine investing 10K for 5% stake at Google 15 years ago. Those people are as investors as anyone else, and yes, depending on their stake in the company, they can influence its decisions.\""}
{"_id": "90522", "title": "", "text": "Some loans have a variable interest rate which can protect the lender from inflation and the borrower from deflation. How much protection it offers depends on how closely the interest rate follows the inflation/deflation rate. Most variable rate loans have limits on how much and how frequently they can adjust. In your deflation scenario, the lender comes out ahead with a fixed rate loan already, since those future dollars are worth more than current dollars.  The borrower doesn't owe more dollars, but the value of the dollars they owe is higher."}
{"_id": "90546", "title": "", "text": "good.  pple need to stop spending so much on material stuff.  help save the environment.  also, have less kids.  govt needs to impose some sort of birthing restriction or law enforced on people making less than a certain level of income.  This helps the environment.  And if the law is broken, then govt needs to sterilize the perpetrators."}
{"_id": "90547", "title": "", "text": "\"One question that I saw interns miss and it was always the first question, \"\"so tell us about yourself.\"\"  Make sure you have a 2-3 min speech already figured out to answer that question. And whatever you do, don't finish the answer, \"\"is that good enough?\"\"  Also, major question interns missed was, explain to us the position you're applying for. One day we had 6 interns interviewing and only one was able to answer the question. WTF!  And that same question even professionals in the field miss it....  All the other tips above are very good tips too, just thought of overlooked questions that I have seen many candidates miss.\""}
{"_id": "90549", "title": "", "text": "Disco Henry giving honor winning Disk Jockey benefits in Northampton. We represent considerable authority in parties, socials, grant affairs, birthday festivities, commemoration gatherings, subject evenings and above all weddings. On the off chance that you need to Local Wedding DJ in Northampton, you can get in touch with us at our office. We have the Dj proficient who has had incredible encounters with Quality Entertainment. You will see photographs of genuine gatherings and occasions where we gave the stimulation."}
{"_id": "90554", "title": "", "text": "This question is largely opinion based but I wanted to balance out the people jumping on you. There are lots of factors that go into salary/pay, such as what you contribute to the company and whather you go above or beyond whats expected of you. I would say seniority is one factor, or at least there is a case to be made that it is important. If someone has worked 5 years for me, that is five years that I have not had to search, interview, and train a replacement. I am not a business owner but I do employ people and when someone quits its an extremely stressful process. Not having to go through that, again in my opinion, is worth a small bump in pay. I cant comment on if its fair or not. That is opinion. What is fact is that whenever a broad group of people are given a pay raise for arbitrary reasons and other employees arent, its creates discontent, it hurts morale, employees leave, and in severe cases the business becomes crippled. So Im not sure if its fair, but is it a bad idea? Generally. See here and I highly recommend going here for anyone who thinks dramatically raising pay 'because its the right thing to do' is a good idea"}
{"_id": "90555", "title": "", "text": "\"If you're a good candidate in terms of all the usual metrics then it will really come down to selling yourself to any potential advisers. Remember that in PhD admissions individual professors are really making the admissions decisions.   Also, as you said you're from an econ background.... Unsurprisingly, mathematical finance is going to be pretty \"\"mathy.\"\" If you haven't had courses in real analysis, differential equations, Fourier analysis, and statistics you may want to brush up on those subjects. I say this because I am doing a PhD minor operations research (coming from a mechanical engineering background) and I have been overwhelmed at times by the level of technical rigor that they take in these courses relative to my \"\"normal\"\" engineering math courses. I would have been well served studying some real analysis before taking stochastic calculus, for instance.\""}
{"_id": "90570", "title": "", "text": "The adjusted close price takes into account stock splits (and possibly dividends). You want to look at the adjusted close price. Calculating percentage changes gets computationally tricky because you need to account for splits and dividends."}
{"_id": "90572", "title": "", "text": "The creditors will not be able to go after his father's estate (assuming the father had nothing to do with the business), but at some point, the estate will be divided up. At that point, any money or assets that your husband inherits will be fair game, as they are now your husband's money or assets. I want to be clear; it's nothing to do with your husband being executor (or co-executor) of the estate. This does not contradict zeta-band's earlier answer; Zeta-band is talking about the estate before it is divided up, I'm just pointing out that there may be issues after it is divided up."}
{"_id": "90579", "title": "", "text": "California is a non-recourse state, so they won't be coming after you for the balance.  If the terms of you divorce were written out that your wife got the house, perhaps a lawyer can get your credit cleared, but that is a long shot.   Your chances depend very much on how long your wife made payments, if there is a provable history and the length of that history might help you out. http://wiki.answers.com/Q/Which_states_are_non-recourse_states_for_mortgage_debt"}
{"_id": "90589", "title": "", "text": "If the fact that currency is based on fiat, something that has been the case with currency somewhere on Earth since the Tang Dynasty of China discovered paper money a long, long time ago, leaves you up in arms, then I shudder to think what an explanation of how the price of money can be derived from plotting IS and LM together and extending it's meeting point into the money market to determine the price of currency would do to your notion of control by powerful offices in government.  My good sir, have you ever considered that YOU might be the smug moron?  That YOU might be the one who just found out what everyone in the room already learned years ago and lack the foundation the rest of us have to understand that information in context?  That it might be YOU who are uninformed?  I'll quote you right here:  &gt;people who have no clue what the fuck they are talking about go off and lecture other people, bringing up facts that have no thought behind them, and are merely definitions posing as an argument. Making a statement, then getting corrected, then coming back and simply lengthening the original answer is not an argument.  &gt;I'll say it again: our currency is fiat. It is backed by nothing  You don't seem to understand just what it is backed by.  It is backed by trust, steady demand, and the assurance of powerful national and international bodies.  As is the price of everything, including gold and literally every other commodity on the planet.  Your utter shock and outrage upon discovering this minute fact does not indicate a revolutionary zeitgeist or that you are some kind of free spirit, it indicates that you are uneducated on the context of basic and well understood facts that the rest of the educated world is already caught up on."}
{"_id": "90591", "title": "", "text": "\"I know your pain oh, so much.  I literally have a 14 gallon rubbermaid container FULL of solicitations I have received.  Even worse, for-profit fundraising companies send most of those mailings! They take the money, and deduct their \"\"expenses\"\", rigged to consume almosts all your gift.  Some companies have been caught passing as little as 9% to the charity.  First let's talk about a few issues.  Authentication.  Is that outfit really a tax deductible 501c3 charity?   Address.   Is this their genuine address, or is it the dropbox of a scammer or one of those evil for-profit fundraising companies?  Acknowledgement.   For gifts over a certain size, you need a thank-you letter from them to show the IRS that you really donated.  Will you get it?  The limit is $250 (no letter, deduction rejected) but as a practical thing, it helps in an audit to show as many donation letters as possible.  Charities cannot issue them retroactively, but can issue you second copies of ones they sent previously. If the charity drops the ball, you lose.  Obviously enough, you go to the post office and spend $1 on a money order.     This does not authenticate them as a charity. It does not assure it goes to their real address.  You can do both these things yourself, by checking their data on the IRS website or on guidestar.org. You don't get an acknowledgement.  I mention these because donation websites work much the same way. DAFs require a higher one-time commitment but are much simpler and more efficient after that. If you are planning to give $5000 in a single year, save it up and open a Donor Advised Fund account.  A DAF is itself a charity.   You donate to the DAF, and take the tax deduction for charitable contributons.  Then, you tell the DAF to donate it to other charities on your behalf, or anonymously.   Their concept is, you use the DAF as a \"\"buffer\"\" so you can easily make the tax-deductible donation when you need to for tax purposes, then at your leisure research charities and support them.  However, I asked my DAF - most people donate and then immediately re-donate the money, leaving the fund at zero balance.  My DAF doesn't mind that at all, and they charge zero fees for this.   (Its expenses are paid by those of us who leave money sitting around in the DAF.  Mine charges 0.6% a year.  This money can be invested sort of like in a 401K, and each investment also has an expense ratio, such as 0.18% a year in my chosen index fund.)  Websites like \"\"justgive.org\"\" will take any amount of your money and re-donate it to the charity you select.   They deduct 3-5% for their expenses (notably paper, stamps, and the 2-3% it costs them to process your credit card).\""}
{"_id": "90603", "title": "", "text": "\"This is an interesting question that may actually be better suited to Quant.SE. First of all, stock prices are random variables, or, to be more precise, stochastic processes (a time-ordered string of random variables).  The alternative to being stochastic is being deterministic, and I doubt you believe that stock prices are deterministic (meaning, they are fully knowable in advance).  The fact that real world events drive the randomness has no bearing on whether or not it is random.  So, to start, I think you have confused the technical definition of random with a colloquial concept. Now, the heart of the question is whether stock prices are memoryless.  Ultimately, this is an empirical question that has been addressed in many academic studies.  The conclusion of most of this research is that stock prices are \"\"almost\"\" memoryless, in the sense that the distribution of future stock prices displays very little dependence upon past realizations, although a few persistent anomalies remain.  One of the most robust deviations from memorylessness is the increase in the volatility of a stock following large declines.  Another is persistence in volatility.  In general, in fact, the volatility is far more predictable than the mean of stock price changes.  Hence \"\"memorylessness\"\" is a far stronger assumption than the efficient markets hypothesis. The bottom line, however, is that the deviations from memorylessness are relatively small.  As such, despite its limitations, it is a decent working assumption in some contexts.\""}
{"_id": "90612", "title": "", "text": "But top 10 gives you that warm fuzzy feeling of over-abundant dependence and traps you in the repetitive beat and notion that life's ok and all one must do to overcome it is but simply be open to knuckle cracking and a feeling of internal insipid hatred for fellow man."}
{"_id": "90615", "title": "", "text": "A bunch of places in no particular order and not any real regularity, often what I get links to on twitter etc. The Economist, Telegraph, Guardian, the odd bit from the NYT and FT or the New Statesman/Spectator. I usually browse the BBC website and I follow a bunch of colmunists/bloggers.   I really recommend Tim Harford the FT's Undercover Economist (all of his columns are also published on his personal site so you can get around the paywall easily).  However my best understanding of the euro crisis actually comes from radio/podcasts.  Particularly the BBC Radio 4/World Service More or Less: Behind the Stats (which is hosted by Tim Harford and about economics and stats and numbers in the news) and NPR's Planet Money who are both covering the situation excellently. Also Today (and sometimes PM) on Radio 4 usually by the short best of podcasts and other podcasts now and then.  I particularly like More or Less because 1.it has a very irreverent tone and 2. as well as just being regularly interesting and brilliant it regularly holds politicians factual claims or commonly quoted to scrutiny explaining what they are saying means, if it is correct and they can say it or if it is wrong or misleading etc etc."}
{"_id": "90632", "title": "", "text": "What can I do to make sure it won't happen? Who is the right person to report this to? (apparently, the police can't make sure that it won't be used for identity theft) You want to contact any one of the credit bureaus and put a fraud alert on your account.   Once you contact one, they automatically contact the other bureaus for you. As part of this, they should send you a credit report.  Review it carefully and note any items that are not yours.  You'll then need to dispute any items that are a result of this identity theft.   You may be required to file a police report regarding the stolen identity, but if you filed one for your stolen wallet, that may be sufficient.   If the person who stole your wallet wants to steal your identity, it may be months before it shows up on your credit report.   Make it a practice to regularly check your credit reports. How do I check at any given time whether my identity was stolen? Unfortunately, there is no easy way to check if your identity was stolen.  The most common way is to check your credit report, but that only checks things that are reported to the credit reporting bureaus.   If they use your information to start an account with a utility company at a rental house that typically won't go on your credit report until they are substantially delinquent.  If they use your information to check into a hospital, that information typically won't show up on your credit report until the hospital sends the bill to collections. I've had a case where the identity theft happened at Chase, but was never reported on my credit.   So my credit report was clear, but Chase disallowed me from banking with them because the identity thief had delinquent accounts with Chase that for whatever reason were not reported to the bureaus. How likely is it that it will be used in any form of identity theft? My gut feeling is that someone who snatches a wallet and immediately runs up the credit cards isn't looking to steal identities, but rather for a quick score.   I don't know if there are statistics that back up my hunch."}
{"_id": "90652", "title": "", "text": "I think you really have to ask yourself if its worth it, the risk/reward.  Can you trust a publicly traded company with your data in return for the analytics you can get back from them?"}
{"_id": "90663", "title": "", "text": "\"I wouldn't say it is impractical at all man. I worked for a PhD in sciences (bio i think) who later went on to start a biotech buy side firm, and know another guy who is an associate. I've met people across different areas of finance (capital markets that is) who have had PhD's and the general view of these guys has always been \"\"fuck that guy is smart, knows everything about xyz field\"\". If you really want to you can definitely get in with your combo of PhD + target school. However, realistically speaking, if you do know the field so well, you should learn more than just \"\"above average\"\" investment knowledge, and fucking kill it in the market...if you can understand what drives the fundamentals of chemical companies, or biotech, or big pharma then you can make some great money in trading...\""}
{"_id": "90681", "title": "", "text": "Hardwood floors, Carpets, Vinyl flooring, rubber floors and concrete floors, these are few of the main commercial flooring options out there. When looking to install a commercial floor you can choose the right one amongst these which fits your needs."}
{"_id": "90687", "title": "", "text": "Technically it's an asset - a note you hold and your friend promised to repay you."}
{"_id": "90700", "title": "", "text": "The IRS has a website called Where is my refund? Get up-to-date refund information using Where's My Refund? or the   IRS2Go mobile app. Where's My Refund? is updated once every 24 hours,   usually overnight. Refunds are generally issued within 21 days after   we receive your tax return. You should only call if it has been   longer. I don't know what information you see on this site if you owe them money. Are you expecting a check from them, or did you send them money electronically? If you sent them money you should check your bank or card statement."}
{"_id": "90712", "title": "", "text": "Electronic trading is many orders of magnitude cheaper and more liquid than floor trading and is rapidly displacing it. Stil, electronic trading accounts for 79% of stock trading volume in the U.S. Polcari is losing the battle. Floor trading is still offered, but it's only used for bulk orders, so electronic trading is servicing small trades at minimum prices while floor trading is now the concierge service."}
{"_id": "90747", "title": "", "text": "The guy with the good paying job stimulates the economy better than 2 people barely scraping by. The growing economy then results in the second person getting a job too. If every employer subscribed to this world view then less people would be on welfare."}
{"_id": "90781", "title": "", "text": "You're getting the great recession and great depression confused. I'm talking about 2008, not nearly 100 years ago. I would like to know what country you live in because it's probably not Greece, Italy, or Spain. You would be singing a very different tune."}
{"_id": "90788", "title": "", "text": "My dad owned a steel Drum / barrel recycling company where we would get barrel from food companies and recondition them. Sometimes we would get drums from one company for free and they would call us to buy drums, many times we would sell them the same drums that we got from them for FREE. That's the beauty of recycling.   After some time we started doing plastic drums and we had to find a way to salvage the plastic drums that we were not able to refurbish. So we started contacting plastic companies and started talking to a company in Middle Tennessee.    He was a huge plastic processor that was shipping hundreds of thousands tons of plastic regrind every week. He was from India and had a huge plant about 70 miles from Memphis were I was living. He would process the plastic rods or shanks here in the U.S. and ship them too be made into products in India. I was in the process of securing a processing machine from him, one from a company in Northern California, and one from a company in Florida. All three where going to place a processing machine in my dads plant in Memphis and create a coast to coast pipeline with Memphis as the center point. They where going to let us pay for the machinery by paying us to process a percentage of their plastic since much of it was coming through Memphis. That way all they had to do was ship the material once it arrived from our plant. Since Memphis is the gateway to the west and a main truck route it was perfect.   This type of arrangement is easy to make if you can convince the major players that you can deliver their product as promised. I also made arrangements with the processor close to me to relocate 2 of his employees to Memphis to manage the equipment until we got failure with the equipment and act as liaison for him. He was agreeing to everything I asked because it would have relieve production pressure off his employees and help him with his bottom line.   Make sure you investigate the type of machines you need to process the many types of plastics your processor needs or wants. There are different types of plastics and different ways of processing it.   #1 \u2013 PET (Polyethylene Terephthalate) ... #2 \u2013 HDPE (High-Density Polyethylene) ... #3 \u2013 PVC (Polyvinyl Chloride) ... #4 \u2013 LDPE (Low-Density Polyethylene) ... #5 \u2013 PP (Polypropylene) ... #6 \u2013 PS (Polystyrene)  I also know that California has a lot of air quality laws. What I would do is get to know your local EPA reps and run your plans by them, they will be able to tell you all you can and can't do. Also you processor is going to want to see your Feasibility Study and business plan before he does this type of arrangement. Once you let me know if this is something that you are still interested in doing I will send you my old business plan.     Here is a video to really get an idea of what's involved https://youtu.be/vAr4BZM_Tzk"}
{"_id": "90789", "title": "", "text": "Good answer.  I set up an S-Corp on my own, but I intend to transfer our intellectual property to an LLC at a later date.  I would say hiring an attorney to draft an operating agreement is a must and worth the expense."}
{"_id": "90819", "title": "", "text": "and not doctors and pharmaceuticals? Hospitals, pharmaceuticals, Med Schools and medical equipement manufacturers all see higher profit margins than insurers. There is a reason people always quote the profit of insurers in terms of real value and not profit margin, its to disguise who is doing the fleecing."}
{"_id": "90831", "title": "", "text": "\"Ahahahaha....you've contributed literally nothing in any of your comments, except of course for the comment about being too much of a coward to short the stock, and yet think that you're somehow making great points while pulling numbers out of your ass and making things up whole cloth.  And you think your \"\"pretend to be macho\"\" comment is a \"\"debate.\"\"  How funny.  And it has worked out *extremely* well, thanks.  And comments from extremely stupid individuals like yourself just show me that there's still more upside possible, since there are apparently some people dumb enough still not to get it, so double thanks for that.  It's interesting though that you consider me an Elon fanboy, though, when you're the one thinking about sexual acts with him.  I'm interested in the company, which is thousands of people, not one person\""}
{"_id": "90845", "title": "", "text": "I don't see countries switching to the USD, I see countries moving away from it. The US has the largest peace time debt ever, is not being even close to fiscally responsible (approving ~4 trillion budget!) and is faced with 100 trillion in future commitments (social security, medicare) with a workforce (tax base) that is decreasing as the baby boomers retire. When the US cannot meet those obligations (and most experts agree there is no hope of that anymore) they will have to print money and devalue the currency."}
{"_id": "90849", "title": "", "text": "yes. And the rentals facilitating terrorism is such a ludicrous claim at least compared to what hotels themselves do, namely rent rooms to anyone showing up with a credit card or in the lower tiers even cash. That is even easier than ABnB where at least you have to spend a few minutes to create an account.   The real terrorism risk around hospitality is hospitality being targeted or used for laundering money which is also a lot easier in a large hotel than doing it one ABnB rental unit at a time."}
{"_id": "90850", "title": "", "text": "\"The worst part is, it's not even all that much cheaper than a basic O365 subscription!  This is either the boss' stupid idea (\"\"what, you use Excel for something other than tracking your fantasy football league?\"\"), or *someone*'s getting fired a month from now when the OP's office goes back to Office.\""}
{"_id": "90858", "title": "", "text": "\"First, consider what causes taxes to apply to a mutual fund, index or actively managed.  Dividends and capital gains are generally what will be distributed to shareholders given the nature of a mutual fund since the fund itself doesn't pay taxes.  For funds held in IRAs or other tax-advantaged accounts, this isn't a concern and thus people may not have this concern for those situations which can account for a lot of investing situations as people may have 401(k)s and IRAs that hold their investments rather than taxable accounts. Second, there can be tax-managed funds so there can be cases where a fund is managed with taxes in mind that is worth noting here as what is referenced is a \"\"Dummies\"\" link that is making a generalization.  For taxable accounts, it may make more sense to have a tax-managed fund rather than an index fund though I'd also argue to be careful of asset allocation as to maintain a purity of style can require selling of stocks that grow too big and thus trigger capital gains,e.g. small-cap and mid-cap funds that can't hold onto the winners as they would become mid-cap and large-cap instead of representing the proper asset class. A FUND THAT PLAYED IT SAFE--AND WAS SORRY would be a Businessweek story from 1998 of an actively managed fund that went mostly to cash and missed the rise of the stock market at that time if you want a specific example of what an actively managed fund can do that an index fund often cannot do.  The index fund is to track the index and stay nearly all invested all the time.\""}
{"_id": "90868", "title": "", "text": "&gt; I was under the impression that ads do better when people don\u2019t know they\u2019re an ad.  This is very true. If I were getting to make the rules, selfishly as a marketer, I wouldn't require this. Trick is, this isn't Instagram making the rules. It's the FTC. The FTC requires these disclosures or we could face major fines. They've done it before and have been stepping up their enforcement. So if I have rules, I'd rather a company like Instagram make it easier to comply with those rules. Right now it's iffy. The influncer has to use certain language in certain places or the FTC isn't satisfied. But I still want the post to sound 'organic'.  With this method, I don't have to mess with including certain phrases in the copy or certain hashtags. I can just roll with a normal looking post and check a box that labels it as sponsored. Easy, simple, and I'm covered.  On top of that - the best part I really, genuinely love (and the 'carrot' that will get even sketchy marketers to use this, is that I get to see live data on the post's performance. Right now only the user of the account can see the post's performance. So I have to trust that the user is right that the post got 39000 impressions. I can see likes and comments, but that's it. With full access to reporting on the post, I can also see reach, impressions (which gives me engagement rate), and saves - all of which are huge factors in determining the success of these sorts of posts."}
{"_id": "90881", "title": "", "text": "This is more clearly defined in the EITC; for purposes of the Earned Income Tax Credit; then no, it is not Earned Income.  See publication 596, page 18 specifically: Scholarship or fellowship grants not reported on a Form W\u00ad2. A scholarship or fellowship grant that wasn't reported to you on a Form W-2 isn't considered earned income for the earned income credit. Further, form 8615 describes unearned income and explicitly includes scholarships, again not on W2s: For Form 8615, \u201cunearned income\u201d includes all taxable   income other than earned income as defined later.   Unearned income includes taxable interest, ordinary   dividends, capital gains (including capital gain   distributions), rents, royalties, etc. It also includes taxable   social security benefits, pension and annuity income,   taxable scholarship and fellowship grants not reported on   Form W-2, unemployment compensation, alimony, and   income (other than earned income) received as the   beneficiary of a trust. So unless it was reported on a W-2 (i.e., it's for some sort of employment), it's not considered earned income.  (h/t Liam for that link) The definition on the instructions of form 6251 is not particularly different, though it's more general: Earned income includes wages, tips, and other amounts received for personal services performed.  Scholarships don't seem to fit any more into that, so I would say they do not."}
{"_id": "90893", "title": "", "text": "Under Sarbanes\u2013Oxley, no. There are specific responsibilities vested in the board members. Without a CEO and a CFO, the quarterly financial reports cannot be signed off. Many countries have similar responsibilities for board members, and by the same reasoning therefore a need for board members."}
{"_id": "90902", "title": "", "text": "First, I would point you to this question:  Oversimplify it for me: the correct order of investing With the $50k that you have inherited, you have enough money to pay off all your debt ($40k), purchase a functional used car ($5k), and get a great start on an emergency fund with the rest.  There are many who would tell you to wait as long as possible to pay off your student loans and invest the money instead. However, I would pay off the loans right away if I were you. Even if it is low interest right now, it is still a debt that needs to be paid back. Pay it off, and you won't have this debt hanging over your head anymore.  Your grandmother has given you an incredible gift. This money can make you completely debt free and put you on a path for success. However, if you aren't careful, you could end up back in debt quickly. Learn how to make a budget, and commit to never spending money that you don't have again."}
{"_id": "90904", "title": "", "text": "\"They deserve jail just for their stupidity. How dense or oblivious do you have to be to hold a position that high up and still not be aware of the potential consequences.  I worked finance for a public company as a lowly employee but I don't dare touch the stock or its options no matter what I know. And these are so called \"\"executives\"\". Jail them and burn these mofos assets.\""}
{"_id": "90916", "title": "", "text": "As my business partner likes to say, *don't bark at a barking dog*, it's just not worth it.  The unfortunate thing about finance is people who *know what something is* thinks that's the same as *knowing something*. It's become pretty absurd at this point with everyone I've interacted with in the industry over the years. And everyone all too defensive of whatever it is they think they know.  Tesla does not earn an accounting profit. Absent any adjustments, they are negative cash flow as well. But it's one of those rare cases where adjustments absolutely have to be made - as they are material. The business relies heavily on outside capital but a lot of it is the result of growth/capex decisions, as opposed to ones made for survival. We don't have the same set of books that capital providers get from Tesla - the ones that show you what you're looking for in this argument - but I can assure they do clear a net positive cash at this time in their history, before their aggressive expansion plans are put into effect.  We have a cool facebook community that I help run. 2,000 people or so. Used to get into the weeds on stuff like this, but lately they've all been infected by crypto. I sort of just sit on the sidelines now. That is your true job security - your competition getting attracted to shiny things."}
{"_id": "90927", "title": "", "text": "Hard to give an answer without knowing more details (interest rates, remaining principle on loans, especially how soon the new roof is needed).  Maintaining the value in your home (unless you are planning to walk away from it or short-sell or something) is of paramount importance, and the cost of a leak should it happen can be substantial. If the roof is a few years out, and you have loans with interest rates about oh I'd say around 6%or more then I would pay off those loans and take the money you were paying there and start putting it into a fund to pay for the roof. I am also a huge fan of doing whatever you can to max out your 401K contributions.  Money put into a 401K early has a LOT more value than money put in later, and since you don't pay taxes on it, the cost out of your pocket is much lower (eg. at a 20% tax rate it costs you only $80 out of pocket to put $100 into your 401.. (look at that, you just made like 25% return on that $80) Paying off loans is pretty much equivalent to making a risk free return on the money equal to the interest rate on the loan.  But to REALLY make that work, what you need to do is in a virtual sense, keep making the loan payment just now pay it to yourself, putting that money into a savings account, or towards your 401K or whatever.  If you just torn around and start spending that money, then you are not really getting as much value to paying off the loan early."}
{"_id": "90936", "title": "", "text": "If you are looking for budget tour in Myanmar then go by bus &amp; train including lots of facility and visit awesome places which you can never forget moreover, enjoy the beauty of nature with your dear ones."}
{"_id": "90946", "title": "", "text": "Some yes, but really I am sure they lean on their manufacturing partners to find out some of the issues. As you know Apple may grab tech that is on the leading edge but then let it age for a bit so all the new whiz bang stuff is in the Android phones or PC computers."}
{"_id": "90958", "title": "", "text": "You should talk to your bank and explain what happened.  Your bank may contact vendor bank to discuss the account, but really that is up to them.   Then you should contact your police department and report the fraud. Realistically, your chances of recovering any money is negligible.  I think your best chance is convincing your bank to work with vendor bank on a reversal(if it was a domestic transfer), although it is more likely that the vendor bank account is already empty and closed."}
{"_id": "90970", "title": "", "text": "It is not what I think that matters it is what a statistically significant number of people at any one time think.  Credit scores will be obsolete the moment enough people stop paying attention to them regardless of what I may think.  I don't spend any real time with outrage as it inhibits problem solving.  Laws (and regulations) often follow the collective will more than they advance or shape it.  Governments often only react when they have no other choice politically.  But most government regulations wind up being like Tipper Gore telling Frank Zappa to tone it down and he telling her to go fuck off."}
{"_id": "90981", "title": "", "text": "\"Yes.  This article describes opting-out: http://www.nerdwallet.com/blog/banking/overdraft-fees-what-banks-charge/ It is true, I think, that most banks will offer this as a \"\"courtesy\"\" by default, but I believe that they must offer an option to opt-out. I checked my bank's webpage, and they explicitly describe how to opt-out by calling a number or visiting a bank branch, but it required digging carefully to find that information. That being said, are you sure that you'd really want to opt-out?  The bank can still charge a fee for non-sufficient funds (NSF) and whoever was expecting the payment may also charge you late fees and service fees.  It's much better just to make sure that you don't overdraw through careful planning.\""}
{"_id": "90985", "title": "", "text": "\"I really like the author/speaker making the \"\"diamond\"\" analogy -- that there is no shortage of diamonds, you just have to be willing to pay the asking price.  Seems like in addition that that (the desire for a \"\"bargain\"\"), AND again as the author speaker highlighted, the fact that managers want everyone \"\"fully trained/experienced\"\" -- combines with the idiotic use/abuse of badly designed pseudo-expert applicant screening software (apparently implemented on the same \"\"idiot manager/HR\"\" model that I saw in practice a decade or more ago already) that makes them (stupidly) claim that there is no one to hire.  *Which really just all comes down to BAD hiring &amp; BAD management practices.*\""}
{"_id": "90995", "title": "", "text": "Both Spain and Italy's economies are trash tier at this point.  Are you actually trying to include the UK in the EU at this point?  And then you reference countries as being high quality that have smaller populations than most US states.  Stop using irrelevant arguments."}
{"_id": "90996", "title": "", "text": "\"Have your story down pat, when they ask \"\"So tell me about yourself\"\" or \"\"So tell me about this past position\"\" you should be able to speak confidently about it while not coming off as pre rehearsed  When they ask \"\"So why this position\"\" have the usual corny answers ready, ie \"\"I've always had an interest in X and believe this would be an amazing opportunity to learn blah blah blah\"\". Mention how the job duties/description is also what you were looking for as you'll have exposure to different functions, even if the job is boring as fuck  Smile/smirk if they try a funny joke, don't be afraid to BS with them  I have some interview guides if you want to pm me an email address\""}
{"_id": "91012", "title": "", "text": "Originally, stocks were ownership in a company just like any other business- you expected to make a profit from your investment, which is what we call dividends to stock holders. Since these dividends had real value, the stock price was based on what this return rate was, factoring in what it might be expected to be in the future, etc.  Nowdays many companies never issue any dividends, so you have to consider the full value of the company and what benefit could be gained by another company if it were to acquire it. the market will likely adjust the share price to factor in what the value of the company might be to an acquirer.  But otherwise, some companies today trading at an astronimical price, and which nevers pays a dividend- chalk it up to market stupidity. In this investor'd mind, there is no logical reason for these prices, except based on the idea that someone else might pay you more for it later... for what reason? I can't figure it out. Take it back to it's roots and imagine pitching a new business idea to you uncle to invest in- it will make almost nothing compared to it's share price, and even what it does make it won't pay anything to him for his investment. Why wouldn't he just laugh at you?"}
{"_id": "91027", "title": "", "text": "Long term, student loan debt is a huge damper on the economy overall. When a generation is paying the equivalent of 50-100% of rent or a mortgage on debt, you can't get around it. At best, it will delay things like homeownership (which is what we're seeing), but at worst, it will be crippling for an entire generation of Americans (which we might also be seeing, but it still has to play out).  I think the biggest problem with debt is how it changes your risk tolerance. Meaning, we Millennials are well-trained and well-positioned to be employees. Not inventors or entrepreneurs. As cheesy as it's sounds because of pandering politicians, small businesses are\u2014\u00a0or were\u2014\u00a0huge drivers of innovation, jobs and growth. Not the growth that only impacts the 1%, but the growth that boosts wages and creates good jobs for everyone. On one hand, it's an inefficiency, but a good inefficiency. Meaning, if you have 100 small business, they all need sales guys, accountants, payroll, stock guys, cashiers. They all use dozens and dozens of suppliers, and are more likely to use local, domestic labor. Consolidated industries and reliance more on larger businesses means those 100x accountants and sales guys are replaced by a fraction. Fewer jobs, fewer opportunities, smaller salary growth, less domestic labor used. This, to me, is the real danger in not only student loan debt, but even uncertain retirement conditions. Our money is paying debt and dumping into 401ks, not starting businesses and generating meaningful economic activity."}
{"_id": "91028", "title": "", "text": "Prime Suspect was the female one I was thinking of.   And don't forget the comedies. In the US we had Barney Miller and Night Court.   One of the best shows around was Carol Burnett. [Tim Conway and Harvey Korman](http://youtu.be/_KVs7pYcQ9Y) watch some of them archived in youtube."}
{"_id": "91030", "title": "", "text": "\"Wasn't me! Up votes for a good reply. I was just taking issue with the fact that what the scientist said wasn't really _wrong_, and it was a bit of an odd reason to stop reading the article. I don't think it has anything to do with not \"\"shooting for the impossible\"\", it was more of an engineering statement of current fact.\""}
{"_id": "91032", "title": "", "text": "Don't go for the 'fast buck'. There's no such thing. There are two types of people that make money on the stock market: Investors and Speculators. Investors are people that pick a stock that's relatively low, relatively secure, and buy the stock for the long run, 5, 10 years or more. Warren Buffet said his ideal period for investing is forever. Basically, a well run company should always be a good investment. Speculators go for the fluctuations in stock prices. Day traders, Options, etc. It's risky business and you'll be able to lose a lot of money in a short term. There's always a risk when you invest your money, so go with MrChrister's advise to start with a simulator. Have fun."}
{"_id": "91038", "title": "", "text": "\"I agree. These think tanks are coming out with some cooked stories but no one is checking even the motivations of some. Some university departments seem also to be putting out study results with social and economic implications that are cooked. The results can't be reproduced in the studies by the social \"\"sciences\"\" and they never tell us that. I don't know if it's bias or the media just likes to go with a prepackaged (ie prepaid) story.\""}
{"_id": "91039", "title": "", "text": "Like I said, I absolutely believe and admit that there are people using ICOs as a vehicle for schemes.   That said, there are also individuals like [Brendan Eich](https://en.wikipedia.org/wiki/Brendan_Eich) who are accomplished and trusted individuals participating in the market as well. Brendan is the creator of JavaScript and a cofounder of Mozilla. He also created the [Brave Web Broswe](https://brave.com/) and through that launched an ICO for his cryptocurrency, [Basic Attention Toke (BAT)](https://vimeo.com/209336437) whose ICO gathered [$35MM in under 30 seconds](https://www.coindesk.com/35-million-30-seconds-token-sale-internet-browser-brave-sells/). I want you to read that again: $35MM in 30 seconds given to a proven and renowned technologist who has been an important figure in shaping the web as we know it for him to cut out the middle men, banks, VCs, and everyone else and have the capital needed to focus on building and launching a new project.    Is everyone Brendan Eich? Absolutely not, but it is important that a market like this exists so that the Brendan Eich's of the world can venture down these paths to accomplish great things, even if that means suffering through scams.  Finally, on the subject of ICOs themselves: are ICOs a bubble? Maybe, but if and when it pops, it will simply clear the way for the value added projects. It is important to note that the majority of ICOs that take place are outside of the US and bar US citizens from participating. Additionally, the majority of project teams within the US that seek to issue an ICO through the proper legal channels are seeking legal counsel to help structure the deals, usually costing anywhere between $100-300K.   To answer your question regarding subs, I would suggest following:  \u2022 /r/CryptoCurrency   \u2022 /r/ethereum   \u2022 /r/btc   \u2022 /r/Bitcoin   These are good basic starting points that can help you learn abd branch out from there. Another great resource for news is [Coindesk](https://www.coindesk.com/).  Hope this helps and I am happy to discuss further if needed."}
{"_id": "91040", "title": "", "text": "The typical deal would be a premium to the normal rent, say $1200 instead of $1000, in return he has the option to buy the house at a fixed price by the end of the agreement term."}
{"_id": "91045", "title": "", "text": "There are many different reasons to buy property and it's important to make a distinction between commercial and residential property. Historically owning property has been part of the American dream, for multiple reasons.  But to answer your questions, value is not based on the age of the building (however it can be in a historic district). In addition the price of something and it's value may or may not be directly related for each individual buyer/owner (because that becomes subjective). Some buildings can lose there value as time passes, but the depends on multiple factors (area, condition of the building, overall economy, etc.) so it's not that easy to give a specific answer to a general question.  Before you buy property amongst many things it's important to determine why you want to buy this property (what will be it's principal use for you). That will help you determine if you should buy an old or new property, but that pales in comparison to if the property will maintain and gain in value. Also if your looking for an investment look into REIT (Real Estate Investment Trust). These can be great. Why? Because you don't actually have to carry the mortgage. Which makes that ideal for people who want to own property but not have to deal with the everyday ins-and-outs of the responsibility of ownership....like rising cost. It's important to note that the cost of purchase and cost of ownership are two different things but invariably linked when buying anything in the material strata of our world. You can find publicly traded REITs on the major stock exchanges. Hope that helps."}
{"_id": "91052", "title": "", "text": "\"I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [The War To Sell You A Mattress Is An Internet Nightmare - the truth about \"\"the internet's favorite mattress\"\" (x-post Truereddit)](https://np.reddit.com/r/talkbusiness/comments/784e5l/the_war_to_sell_you_a_mattress_is_an_internet/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)\""}
{"_id": "91057", "title": "", "text": "Every major financial firm and government in the world is looking at blockchain technology right now. It's definitely revolutionary. I think it's the most significant technological innovation of the past decade. Whether or not Bitcoin will succeed is still to be determined, but it's the leading contender."}
{"_id": "91076", "title": "", "text": "Not charging taxes on a money losing investment or business is much more than humanitarian it is common sense. In general money that is used to invest has already been taxed as income or inheritance to the person making the investment so taxing that money again not just the profit would provide a disincentive for people to invest. Which would be bad for economic growth over the medium and long term. As far as taxing a money losing businesses goes, most businesses don't make money in their couple of years and adding further tax burdens would be counter productive because it would provide a major hurdle for people wanting to start a business. Other have already mentioned that the money losing operation likely paid indirect taxes as well. Small businesses provide a majority of the economic growth and innovation. So in short additional taxes on money losing investments and businesses would be both foolish and shortsighted."}
{"_id": "91082", "title": "", "text": "You seem to think that Ray is suggesting it's the Fed's job to make Trump voters happy.  I didn't get that impression from the article.   He seemed to be pointing out that the Fed may accidentally make things worse by looking at averages instead of drilling down into the quintiles."}
{"_id": "91093", "title": "", "text": "\"There's plenty of advice out there about how to set up a budget or track your expenses or \"\"pay yourself first\"\". This is all great advice but sometimes the hardest part is just getting in the right frugal mindset. Here's a couple tricks on how I did it.  Put yourself through a \"\"budget fire drill\"\" If you've never set a budget for yourself, you don't necessarily need to do that here... just live as though you had lost your job and savings through some imaginary catastrophe and live on the bare minimum for at least a month. Treat every dollar as though you only had a few left. Clip coupons, stop dining out, eat rice and beans, bike or car pool to work... whatever means possible to cut costs. If you're really into it, you can cancel your cable/Netflix/wine of the month bills and see how much you really miss them. This exercise will get you used to resisting impulse buys and train you to live through an actual financial disaster. There's also a bit of a game element here in that you can shoot for a \"\"high score\"\"... the difference between the monthly expenditures for your fire drill and the previous month.   Understand the power of compound interest. Sit down with Excel and run some numbers for how your net worth will change long term if you saved more and paid down debt sooner. It will give you some realistic sense of the power of compound interest in terms that relate to your specific situation. Start simple... pick your top 10 recent non-essential purchases and calculate how much that would be worth if you had invested that money in the stock market earning 8% over the next thirty years. Then visualize your present self sneaking up to your future self and stealing that much money right out of your own wallet.  When I did that, it really resonated with me and made me think about how every dollar I spent on something non-essential was a kick to the crotch of poor old future me.\""}
{"_id": "91098", "title": "", "text": "Hmfroid est l'une des meilleures entreprises de vente d'\u00e9quipements de restauration en Belgique. Hmfroid vend du mat\u00e9riel de restauration en ligne, un r\u00e9frig\u00e9rateur et presque tous les types d'\u00e9quipements qui peuvent \u00eatre utilis\u00e9s dans le restaurant, la cuisine et l'h\u00f4tel, et la qualit\u00e9 de l'\u00e9quipement serait de niveau mondial."}
{"_id": "91116", "title": "", "text": "The high blood alcohol content can often lead to a mistaken arrest for DUI. A medical test for GERD is one of the possible steps that an experienced Tacoma DUI lawyer like Kim E. Hunter would take to ensure that their client is not suffering from this condition."}
{"_id": "91118", "title": "", "text": "Those who are looking for Taxi Booking App like Uber, must visit 'Depextechnologies.com'. Uber clone is an online taxi booking Software. Depextechnologies offers Cabying that is highly scalable, robust and integral website &amp; mobile applications. Explore their website to know more."}
{"_id": "91145", "title": "", "text": "On top of that, don't impose a hierachical accountability system. Create a culture that pushes employees to commit to personal accountability for their actions and behaviors instead of exhausting yourself holding employees to the fire. Provide an environment that prompts employees to walk the coals themselves. Culture is everything to an organization, no matter its scale and size."}
{"_id": "91147", "title": "", "text": "Now I have been trying to figure out how to split the money that we both earn. From what I can see there are several concepts but none of them really seems ideal to me. There is nothing fair or unfair in such arrangements. It is what you both agree. You can try and make this as scientific as possible. But then there is no golden rule.  For example, your girlfriend makes 2200 now and due to child, she is making 1100. The child is both of your responsibility; so you need to compensate half of her salary loss. 550 and she takes the other half. If you hire a nanny to look after you kinds, it would say cost you 500. But your girlfriend is doing that job, so she should get additional 500 from common pot. Plus due to loss of few years in looking after the children, she has a lost opportunity in career growth. i.e. she may indefinitely make less money than she can... So one gets into all kinds of theories and analysis and any arrangements will have some or the other gaps.  So my suggestion, don't get too scientific about it. Just talk it out as to what you both feel how this should be and arrive it. It is something every individual has to agree. It also make sense to have the large assets [or assets that matter], like house, car etc in clear title and who gets what in case you decide to separate. Other should be incidental."}
{"_id": "91159", "title": "", "text": "\"The treatment of employees has found a new low with the use of technology. I was especially appalled by Jamba Juice who schedules down to 15 minute increments with part time employees. Their rational is that it saves the company money and their employees do not have the\"\"same energy and enthusiam\"\" during the second half of a shift.  I own my company and have had the same employees for over 24 years. Through good times and bad, they have always given me superior work with 150% effort. Clients ask me how I retain these great people. Here is the secret-it is in the form of a story.  Two sled dog teams are in a race in the wilderness of Alaska-food is low and conditions are bad. Every night one of the mushers made sure his dogs were feed and bedded down first before he took care of himself with what little was left. He loved his dogs and cared about his dogs well being. Every morning the dogs got up and pulled the sled through the deep snow. They brought their master to the end of the race and saved his life.   Every night the other musher feed himself first and made sure he was warm, after that he took care of his dogs with what little was left. Some of his dogs eventually ran away and some of his dogs died. There were not enough dogs left to pull the sled and the musher froze to death in the Alaska wilderness. Some of the last dogs ate him to survive.  I doubt Ms.Rosser and Ms.Luey from Jamba Juice will grasp the moral of this story. I am sure their turn over of employees is very high and the true cost of retraining new employees is not factored in to their fantastic business plan. I find my clients are well pleased in part because they are assured they will have the services of my same employees who they know and trust to do a great job. My employees have increased my business and its bottom line.  Advice to Ms. Rosser and Ms. Luey: 1) You best be perky and enthusiastic in the afternoon or a computer program may tell your boss to demote you and cut your pay. 2) You better hope Kronos Company is not hired by Jamba Juice to create a program which does your jobs better and your services are no longer needed. 3) Watch your back and if you feel someone chewing on your leg, you now know the reason why.\""}
{"_id": "91174", "title": "", "text": "Actually, Pandit leaves Citi in a stronger position than before - http://blogs.wsj.com/marketbeat/2012/10/16/citi-shares-under-pressure-as-ceo-pandit-steps-down/  It was one of the deepest wounded companies and Pandit has managed to improve its balance sheet in a pretty thankless job.  Expect Corbat to take the hatchet to the balance sheet and do large amount of layoffs."}
{"_id": "91179", "title": "", "text": "If you are worried about an increase in volatility, then go long volatility. Volatility itself can be traded. Here in the US there is an index VIX that is described as tracking volatility. What VIX actually tracks is the premium of S&P 500 options, which become more expensive when traders want to hedge against volatility. In the US you can trade VIX options or invest in VIX tracking ETFs like VXX. Apparently there are similar ETFs listed in Canada, such as HUV. Volatility itself is quite volatile so it is possible that a small volatility long position would cover the losses of a larger long position in stocks. If you do choose to invest in a volatility ETF, be aware that they experience quite a lot of decay. You will not want to hold it for very long."}
{"_id": "91183", "title": "", "text": "\"There is a very simple calculation that will answer the question: Is the expected ROI of the 401K including the match greater than the interest rate of your credit card? Some assumptions that don't affect the calculation, but do help illustrate the points. You have 30 years until you can pull out the 401K. Your credit card interest rate is 20% compounded annually.  The minimum payoffs are being disregarded, because that would legally just force a certain percentage to credit card. You only have $1000.  You can either pay off your credit card or invest, but not both.  For most people, this isn't the case.  Ideally, you would simply forego $1000 worth of spending, AND DO BOTH  Worked Example: Pay $1000 in Credit Card Debt, at 20% interest.   After 1 year, if you pay off that debt, you no longer owe $1200.  ROI = 20% (Duh!) After 30 years, you no longer owe (and this is pretty amazing) $237,376.31.  ROI = 23,638% In all cases, the ROI is GUARANTEED. Invest $1000 in matching 401k, with expected ROI of 5%. 2a. For illustration purposes, let's assume no match After 1 year, you have $1050 ($1000 principal, $0 match, 5% interest) - but you can't take it out. ROI = 5% After 30 years, you have $4321.94, ROI of 332% - assuming away all risk. 2b. Then, we'll assume a 50% match. After 1 year, you have $1575 ($1000 principle, $500 match, 5% interest) - but you can't take it out. ROI = 57% - but you are  stuck for a bit After 30 years, you have $6482.91, ROI of 548% - assuming away all risk. 2c. Finally, a full match After 1 year, you have $2100 ($1000 principle, $1000 match, 5% interest) - but you can't take it out. ROI = 110% - but again, you are stuck. After 30 years, you have $8643.89, ROI of 764% - assuming away all risk. Here's the summary - The interest rate is really all that matters.  Paying off a credit card is a guaranteed investment.   The only reason not to pay off a 20% credit card interest rate is if, after taxes, time, etc..., you could earn more than 20% somewhere else.   Note that at 1 year, the matching funds of a 401k, in all cases where the match exceeded 20%, beat the credit card. If you could take that money before you could have paid off the credit card, it would have been a good deal. The problem with the 401k is that you can't realize that gain until you retire. Credit Card debt, on the other hand, keeps growing until you pay it off. As such, paying off your credit card debt - assuming its interest rate is greater than the stock market (which trust me, it almost always is) - is the better deal. Indeed, with the exception of tax advantaged mortgages, there is almost no debt that has an interest rate than is \"\"better\"\" than the market.\""}
{"_id": "91194", "title": "", "text": "One thing is for sure, no matter how you look at it, Obama's 8 years will prove to be lost years in America. Gridlocked congress, Health Care Reform, and the inevitable double dip recession/ depression will be the blame, and most of it will be directed towards the policies of the last 16 years.  I used to be a stone cold republican. Super Conservative. That is when I thought I had the entire world ahead of me. Now, with having to work a minimum wage job, and paying back my student loans to clear my debt, my views have changed a little   I want to believe that America will take their eyes away from Fox News and MSNBC and look outside of both the Dems and GOP point of view, and invite a third party into the discussion. I believe the Libertarians may be able to bridge the gap. Most Americans would fit their beliefs and political platform, and they do raise some great questions. I just hope it does not get sabotage by the extremest like the tea party did.  But in short, if their is no unity, and a split in America, things could get ugly by 2018."}
{"_id": "91201", "title": "", "text": "In this example you are providing 4x more collateral than you are borrowing.  Credit score shouldn't matter, regardless of how risky a borrower you are.  Sure it costs time and money to go to auction, but this can be factored into your interest rate / fees. I don't see how the bank can lose."}
{"_id": "91208", "title": "", "text": "Berkshire Hathaway issues first ever-negative coupon security from back in 2002 had this part: The warrants will give the holder the right to purchase either shares   of the Company's class A or class B common stock at the holder\u2019s   option. The initial exercise price represents a 15% premium over the   closing price of the class A shares on the NYSE on May 21, 2002. The   Notes will pay holders a 3.0% interest rate per annum and holders will   pay 3.75% installment payments per annum on the warrants. The warrant   payments due from holders will be greater than the coupon on the   senior notes, effectively making SQUARZ the first negative coupon   security. Berkshire Hathaway will use the net proceeds from the   issuance for general corporate purposes, including possible   acquisitions, none of which are pending. This would be an example where the strike price was 15% higher than the closing price yet the security sold well."}
{"_id": "91212", "title": "", "text": "&gt; I think you're overestimating the amount of people who do use these blockers. Less than 10%. Most people don't care  You're wrong, they all care, they're just ignorant. And people like me are curing them of their ignorance."}
{"_id": "91215", "title": "", "text": "That's up to you, but I wouldn't play around with my retirement money if I was in your situation. Your earning potential during your retirement years will likely be at its nadir. Do you really want to risk being forced to be a Wal-Mart greeter when you are 80? Also, considering your earning potential now is probably at or near the peak, your opportunity cost for each hour of your life is much higher now than it will be later. So ultimately you'd be working a little harder now or a lot harder later for less money."}
{"_id": "91228", "title": "", "text": "Barnie Sanders is a cheap demagogue without any moral standards. I know, I know, why would I be attacking the guy?  Well, he has criticized the Fed with cheap points like this that actually anyone a bit interested in the Fed knows, he jumped in the Audit the Fed Ron Paul push but when the time to stand up came he sold out. Bernie Sanders accepted passing a modified version of the Audit the Fed bill that basically rendered the bill useless because it was only a one time audit and only of specific actions, leaving out a bunch. Then it was publicized as if the bill had passed and was a victory so people were happy, when in reality (as the same Ron Paul pointed out) the bill was defeated. And it was because Sanders, who was sponsoring the bill on the Senate, accepted the changes. He is a sold out. The guy is so shameless that he even brags about hhow he helped auditing the Fed.  tl;dr: Bernie Anders talks the talk but does not walk the walk.  EDIT: Btw, to anyone interested, Ron Paul is trying to promote the Audit the Fed bill again right now and is gaining traction. Hopefully this time Ron Paul will find someone in the senate to sponsor his bill that is not a sell out like Sanders."}
{"_id": "91265", "title": "", "text": "Looks like folks here don't like to look on the bright side.  I remember watching a documentary about an American guy with terrible allergies going to Africa to deliberately infect himself with hookworm so that he could live a normal life. It worked."}
{"_id": "91276", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://hbr.org/2017/10/why-wages-arent-growing-in-america) reduced by 89%. (I'm a bot) ***** &gt; Since the early 1970s, the hourly inflation-adjusted wages received by the typical worker have barely risen, growing only 0.2% per year.  &gt; We also know that educated workers have fared better; the wages received by those who finished their education with a four-year college degree grew from 134% of high school graduates&amp;#039; wages to 168%. While increasing educational attainment has helped to raise wages for many workers, it remains the case that the majority of Americans have not completed a four-year degree.  &gt; The deteriorating value of the inflation-adjusted minimum wage, along with declining union membership, have lowered wages for many in the bottom and middle of the wage distribution.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78ow1c/why_wages_arent_growing_in_america/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234980 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **worker**^#2 **growth**^#3 **policy**^#4 **share**^#5\""}
{"_id": "91297", "title": "", "text": "\"futility of your beliefs... what are you, a supervillian? Don't write like that, it makes what you say sound ridiculous. It's not my \"\"dogma\"\" that makes me not want to discuss this issue with you, its that people with a libertarian mindset tend to have a zealous ideology that makes it impossible to talk to them about anything without them going into full on proselytize mode and say shit like, \"\"If you keep your head buried in the sand, you won't see the ocean creeping up to drown you.\"\" No, Sir, I am aware of your set of beliefs and I don't agree with them. The end.\""}
{"_id": "91305", "title": "", "text": "I will start making food that people love.  1517 is old. Food should be old too. A good market for launching new varieties of food. The advantage is that I can experiment whatever I want; free to do anything. Every time I launch a new dish in the market, chances are very high that people would pay special attention to new tastes. The money wouldn't be a major turning point there.  Feeding people with different dishes would bring in reputation among the community. That's all I want for my business to expand smoothly."}
{"_id": "91313", "title": "", "text": "\"I see, so this virus will somehow \"\"spread via USB\"\" even though it's not connected to other ATMs.  I think you've watched too many movies with hacker themes.  And compromising the OS will also somehow hack the proprietary bank software that unlocks the cash.  Smh.\""}
{"_id": "91323", "title": "", "text": "You don't always have a choice. If you RTA, this is about loans that BoA bought from other lenders, or banks they acquired. If there is such a thing as a conventional mortgage contract that cannot be sold to another bank, I have never heard of it.   Any bank you borrow from is generally free to re-sell the loan to any other bank. You agree to the contract, not the name on the letterhead."}
{"_id": "91325", "title": "", "text": "\"This is going to depend on the tax jurisdiction and I have no knowledge of the rules in Illinois.  But I'd like to give you some direction about how to think about this.   The biggest problem that you might hit is that if you collect a single check and then distribute to the tutors, you may be considered their employer.  As an employer, you would be responsible for things like  This is not meant as an exhaustive list.   Even if not an employer, you are still paying them.  You would be responsible for issuing 1099 forms to anyone who goes above $600 for the year (source).   You would need to file for a taxpayer identification number for your organization, as it is acting as a business.  You need to give this number to the school so that they can issue the correct form to you.  You might have to register a \"\"Doing Business As\"\" name.  It's conceivable that you could get away with having the school write the check to you as an individual.  But if you do that, it will show up as income on your taxes and you will have to deduct payments to the other tutors.   If the organization already has a separate tax identity, then you could use that.  Note that the organization will be responsible for paying income tax.  It should be able to deduct payments to the tutors as well as marketing expenses, etc.   If the school will go for it, consider structuring things with a payment to your organization for your organization duties.  Then you tell the school how much to pay each tutor.  You would be responsible for giving the school the necessary information, like name, address, Social Security number, and cost (or possibly hours worked).\""}
{"_id": "91336", "title": "", "text": "\"What if your tank legs scuff the floors and tear the carpet?  For \"\"super-soldier\"\" augments, I think a more sensible option would be powered armor or an exoskeleton, so you don't have to wear your tank legs in polite company.\""}
{"_id": "91346", "title": "", "text": "&gt;sooo if their is an accident, just take him off the job in middle of helping people off the streets, got it.  Shifts should overlap.  New cops come in.  They pass the relevant info and go home.  In any case, maybe an exception can be made for an accident.  But 200k is not an accident or two of overtime away from what the salary should be."}
{"_id": "91363", "title": "", "text": "As said previously, most of the time volume does not affect stock prices, except with penny stocks. These stocks typically have a small volume in the 3 or 4 figure range and because of this they typically experience very sharp rises and drops in stock prices, contrasting normal stocks that go up and down constantly every minute. Volume is not one thing you should be looking at when analyzing a stock in most cases, since it is simply the number of people of trades made in a day. That has no effect on the value of the company, whereas looking at P/E ratios, dividend growth, etc all can be analyzed to see if a company is growing and is doing well in its field. If I buy an iPhone, it doesn't matter if 100 other people or 100,000 other people have bought it as well, since they won't really affect my experience with the product. Whereas the type of iPhone I buy will."}
{"_id": "91388", "title": "", "text": "So the bank can (theoretically) compare that signature to the ID you provide, showing that the names and signatures match and that you are the person to whom the check was written."}
{"_id": "91398", "title": "", "text": "You can literally get better food from the freezer section at the grocery store.  That's fine, and people will still go to places serving that food if there's other redeeming qualities, but I didn't see any such qualities the couple times I've been to one of these places.  I don't get what the appeal is."}
{"_id": "91405", "title": "", "text": "The real estate industry today is highly exploitative, you're right, but there are currently nothing stopping rents from rising. The major controls in place are are primarily supply constraints, which would lower prices if removed by allowing small, entrepreneurial developers and builders to create new housing more easily. There's also nothing to stop institutional investors from buying up all the housing right now, but those investors are generally not looking for high growth, they're looking for stable returns. Apartment buildings are viewed as similar to blue chip stock portfolios in that regard. Low growth, but also low risk.  The reason capitalism wouldn't lead to monopoly is that it takes work both to gain resources, and to retain them, and the most reliable way to retain them is to reinvest them in the economy. Investment permits new businesses to grow, and new industries to form. It's precisely because the economy isn't limited to a fixed size that wealth of one group doesn't require to poverty of others. New value creation is the core of the theory, and nearly every living person has at least some capital (their body and mind) to begin employing toward value creation.  I recommend reading Henry Hazlitt's Economics in One Lesson if you'd like to understand the theory behind why and how free market capitalism is supposed to work."}
{"_id": "91430", "title": "", "text": "\"What you need to do is go to yahoo finance and look at different stock's P/E ratios. You'll quickly see that the stocks can be sorted by this number. It would be an interesting exercise to get an idea of why P/E isn't a fixed number, how certain industries cluster around a certain number, but even this isn't precise. But, it will give you an idea as to why your question has no answer. \"\"Annual earnings are $1. What is the share price?\"\" \"\"Question has no answer\"\"\""}
{"_id": "91460", "title": "", "text": "Do you have an actual criticism of my argument to contribute to the discussion?  Do you really consider yourself a reasonable person of science and evidence, when, confronted with evidence that people here are using pseudo-scientific, unsourced blogs to justify their claims, instead of refuting that, you derail the conversation into proving that the Earth isn't flat and whether Finland exists?   You're just being facetious. You shouldn't abandon your integrity just because your arguing over the internet and see something you don't like."}
{"_id": "91463", "title": "", "text": "\"Once the examination is done, it is recommended to begin calling around to different purchasers. The most solid reestablished auto purchasers are scrap auto evacuation organizations, scrap terraces, and \"\"money for autos\"\" administrations. These are the parts that compensation the most for rescued, assaulted, and trashed vehicles and furthermore give junk car quote. It is critical to contact a few associations, additionally in the event that they are not in your general vicinity. This sort of research will offer you a thought for the going rate of the piece vehicle you have and the condition it stays in; at that point you could unquestionably recognize reasonable offers and forthcoming cheats. They ended up being the best cash for Cars Company.\""}
{"_id": "91466", "title": "", "text": "\"Gifts given and received between business partners or employers/employees are treated as income, if they are beyond minimal value. If your boss gives you a gift, s/he should include it as part of your taxable wages for payroll purposes - which means that some of your wages should be withheld to cover income, social security, and Medicare taxes on it. At the end of the year, the value of the gift should be included in Box 1 (wages) of your form W-2. Assuming that's the case, you don't need to do anything special. A 1099-MISC would not be appropriate because you are an employee of your boss - so the two of you need to address the full panoply of employment taxes, not just income tax, which would be the result if the payment were reported on 1099-MISC. If the employer wants to cover the cost to you of the taxes on the gift, they'll need to \"\"gross up\"\" your pay to cover it. Let's say your employer gives you a gift worth $100, and you're in a 25% tax bracket. Your employer has to give you $125 so that you end up with a gain of $100. But the extra $25 is taxable, too, so your employer will need to add on an extra $6.25 to cover the 25% tax on the $25. But, wait, now we've gotta pay 25% tax on the $6.25, so they add an extra $1.56 to cover that tax. And now they've gotta pay an extra $.39 . . .  The formula to calculate the gross-up amount is: where [TAX RATE] is the tax rate expressed as a percentage. So, to get the grossed-up amount for a $100 gift in a 25% bracket, we'd calculate 1/(1-.25), or 1/.75, or 1.333, multiply that by the target gift amount of $100, and end up with $133.33.  The equation is a little uglier if you have to pay state income taxes that are deductible on the federal return but it's a similar principle.  The entire $133.33 would then be reported as income, but the net effect on the employee is that they're $100 richer after taxes. The \"\"gross-up\"\" idea can be quite complicated if you dig into the details - there are some circumstances where an additional few dollars of income can have an unexpected impact on a tax return, in a fashion not obvious from looking at the tax table.  If the employer doesn't include the gift in Box 1 on the W-2 but you want to pay taxes on it anyway, include the amount in Line 7 on the 1040 as if it had been on a W-2, and fill out form 8919 to calculate the FICA taxes that should have been withheld.\""}
{"_id": "91471", "title": "", "text": "\"My credit Union has a \"\"credit builder\"\" loan, they loan $1000 and put it in a savings account you cant withdraw from and take out automatic payments. That would be better, the whole point of credit is on time payments, but my lender told me the effects on credit would be minimum. Probably best for those with no credit history.\""}
{"_id": "91477", "title": "", "text": "This is more a question about economics than about personal finance. The answer, though, is straight-forward. Samsung makes enough profit on the phones that they are willing to eat the costs of a 0% loan, with the attendant risk of non-payment and the loss due to inflation. By offering financing, they expect to sell more phones. So, it's a slight cost to Samsung, but one they can easily afford due to the markups and increased volume of sales."}
{"_id": "91504", "title": "", "text": "You are weighting a certain cost of the mortgage interest versus the possible gain of the value of the house.   Take the interest you pay per month and divide it by the current value of the house.  Say your interest is 3% of the value of the house (may be more or less depending on the balance owed and the interest rate of your mortgage). Say the average appreciation in your area is also 3%. But that means that there's only a 50% chance that the actual appreciation will be more than that (assuming the odds are equal either way), and there's a 50% change that you'll be worse off.   Generally, trading a risk-free loss for a risky gain of equal size is not a good investment; you generally can find better average returns on risky investments, so your best bet is to sell now and pay of the mortgage."}
{"_id": "91517", "title": "", "text": "\"It comes down to individual priorities.  Some people prefer to spend their money on a luxury car or SUV, rather than on computer gear, a bigger house, having three extra kids, eating in restaurants, or whatever. Some people are quite happy to take out a loan to get more expensive products, and service that loan over several years. There is also \"\"status\"\" attached to some makes (e.g. german marques).   That comes with a status premium, which some people are prepared to pay for, or take out debt to get - and some are not.    Compare (say) a base model Audi or BMW with a similarly priced non-luxury model from a Japanese competitor.   The Japanese model will probably have more features (leather, large rims, safety aids, etc) than the European at the same price point - and it will be necessary to tick several options (and pay extra for them - which can amount to 30-40% extra cost) to get the luxury car with a comparable set of features.    For some people, the luxury brand is worth the difference.  For some it is not.\""}
{"_id": "91520", "title": "", "text": "they did crash because supply caught up to demand.  &gt; because the only reason people were buying them is because they would go up in value  that is the explanation for why price shot up so quick.  &gt; Sounds exactly like Bitcoin in my opinion  There's genuine utility in cryptocurrency.  Bitcoin is the anchor to all of them.  Btw, there is significant cost to mining bitcoin  &gt; How many people do you know using Bitcoin as a currency?  You can pay bills with it.  A lot better than gold in that regard.  &gt;  It isn't backed by a government or military  historically always a terrible thing for every currency.  The freedom from political whim based valuation is a plus.  &gt; When it crashes and criminals are the only ones using it, then what is it worth?  Criminals would be better off using cash or Monero (a crypto with better privacy safeguards).  But criminal can be a bit subjective.  Bitcoin for instance is the best vehicle for transporting money protecting from thieves whether or not they are government employees.  &gt;  Maybe $100 a coin? $10? Who knows, it sure as hell isn't $5,000 a coin though.  I think we'll see $5000 again, before $3000 or $1000."}
{"_id": "91534", "title": "", "text": "Taylor Swift is popular precisely because she projects a fundamental decency and likeability that is mostly absent among the other poptarts.  The axis-of-strippers that is Beyonce', Madonna, and the rest of the rotting culture may be titilating, but everyone pretty much knows that all they're doing is selling softcore porn.  No one serious about music is listening to these popstar yowlings.  The London Symphony won't be accompanying the vocal stylings of Katie Perry anytime soon.  But, at least Swift is a likeable and apparently very nice young woman.  Beyonce et al should get some lessons in civility and adult behavior from her ..."}
{"_id": "91540", "title": "", "text": "No it would not. Source: algebra.  Also their test is completely stupid. I'm sure the 1000 people getting free money will do well. But that isn't the part people are concerned about.   The problems with a universal roll out would be inflation, huge tax jump to pay for it, disincentive to work for all of society, and economic migrants from other parts of the world that hear about your country giving out free money.   None of those things are getting tested if it is just 1000 random people spread through out the country."}
{"_id": "91541", "title": "", "text": "Meth Testing New Zealand offers a cost-effective, fast and trustworthy meth sampling service. Not only does the service provide the technical skills to get the job done, we are experts in how this issue can impact residential tenancies and will guide clients through the process from start to finish."}
{"_id": "91545", "title": "", "text": "There are many factors.   Most gas stations price their gas based on what it will cost them to replace it.  So when their supplier raises the price that it charges the station the station typically raises its prices proportionality.  The suppliers tend to have their own rates.  The business needs to make a profit so the business sets the price where it feels it will make the most money. Some stations buy bargain gas.  Many people say they find this gas to be just fine.  Personally some stations gas seems to make my cars run much worse.  I can say that my mileage can vary by as much as 4 miles to the gallon based on where I get my gas.  So I pay more to go to those stations that consistently have provided me good gasoline.  However higher prices do not necessarily mean better gas.  We have a BP just down the street that seems to have bad gas while one about a half a mile away that I prefer because I have never had a bad tank of gas.  Both are priced about the same. Also some localities have special tax zones.  These are local taxes levied based on the location.  We have 4 different zones here in Peoria IL (150k pop).  That does not take into account the smaller cities around us."}
{"_id": "91576", "title": "", "text": "Yes that is the case for the public company approach, but I was referring to the transaction approach:   Firm A and Firm B both have $100 in EBITDA. Firm A has $50 in cash, Firm B has $100 in cash.  Firm A sells for $500, Firm B sells for $600.  If we didn't subtract cash before calculating the multiple: Firm A: 5x Firm B: 6x  If we DO subtract cash before calculating the multiple: Firm A: 4.5x Firm B: 5x  So yea, subtracting cash does skew the multiple."}
{"_id": "91595", "title": "", "text": "\"The price movements of Bitcoin are actually cogent in at least one sense:  Why in the world would somebody use bitcoin right now to buy anything?  That $100 item you bought today represents (to most) a huge opportunity cost as far as \"\"missed returns in the future\"\" go.  It's basically a dollar-deflationary cycle, which we know to be corrosive to an economy:  You don't buy today what you expect to be cheaper tomorrow.  That's highly problematic for bitcoin as far as business adoption is concerned.\""}
{"_id": "91619", "title": "", "text": "\"I work for 15 years now for the same company and I have no fear about my career or finding a job, even when I am in my 50s.  Why? Because I am an expert in a narrow field and have skills TO DO something. I am a techie. But I am a techie in a field that is not changing much and I keep updating myself. I also ignore what my boss tells me to do, and I always go into areas or develop areas that I think have potential for the future.  It's very important to pick a field that is not changing much and you think there will always be a demand for it.  I hope my son will become a doctor, or a techie like me.  In the last 25+ years of my employment, I saw many people let go. They were all \"\"paper pushers\"\".\""}
{"_id": "91655", "title": "", "text": "I'd love to do something in the style of Nassim Taleb (fat tails, black swan events, and so forth)  He's a mathematical geniues, despite his controversial personality.  How useless is the VaR as a risk management tool would be a great topic.  Or something regarding policy/regulation (hot topic now)."}
{"_id": "91656", "title": "", "text": "Hiring a private investigator London, you are guaranteed peace of mind and confidence when entering into any personal or business relationship. The price is customized to match your investigation needs. All investigations are carried out in a professional manner to avoid privacy infringement charges."}
{"_id": "91671", "title": "", "text": "Perhaps you should use your own tracking software, such as GnuCash, Quicken, Mint, or even Excel.  The latter would work given you say you're manually putting in your transactions.   There's lots of pre-done spreadsheets for tracking investments if you look around.    I'm hoping that a web search gets you help on migrating transaction data, but I've yet to run into any tools to do the export and import beyond a manual effort.  Then again, I haven't checked for this lately. Not sure about your other questions, but I'd recommend you edit the question to only contain what you're asking about in the subject."}
{"_id": "91688", "title": "", "text": "A budget is a plan for spending money in the future. Tracking spending is only looking at what happened in the past.  Many people only track their spending, a proper budget can be key to achieving financial goals. You might earn enough and not spend frivolously enough that you aren't hamstrung by lack of a budget, but if you have specific financial goals, odds are you'll be more successful at achieving them by budgeting rather than only tracking spending.  I'm a fan of zero-sum budgets, where every dollar is allocated to a specific bucket ahead of time. Here's a good write-up on zero-sum budgets: How and Why to Use a Zero-Sum Budget"}
{"_id": "91698", "title": "", "text": "Short answer: Structural decline in banking revenue and margins.  Longer answer: A combination of regulation and technology has slowly eroded the profitability of banks, just look at historic ROEs. This has been exacerbated by low interest rates which has compressed banking margins via lower interest revenue, particularly affecting Swiss and German banks. Bottom line, investment banking is not as profitable as it was and is likely to become less profitable going forward."}
{"_id": "91699", "title": "", "text": "\"last day of the month is a \"\"seasonality test' ?  what do you mean by \"\" Is there an actual relationship or are you uncovering a relationship of noise?\"\"  what would you recommend me doing now ?  what numbers are you interested in seeing to further investigate such strategy ?\""}
{"_id": "91702", "title": "", "text": "&gt;It will be painful for the world, but not in the same way that the Western financial crisis of '08 was painful. This will mostly hurt China, as well as western companies whose marginal revenue and growth is dependent upon Chinese business.  In other words, what goes around comes around."}
{"_id": "91707", "title": "", "text": "All banks in the US that I have ever worked with will allow you to deposit checks if: In your case, you have 3 options:"}
{"_id": "91713", "title": "", "text": "Or you owned one that was bought out, so you got a ~30% return + whatever else the stock had returned prior to that. Everyone is pushing for the companies they hold to be bought for a quick paycheck, so you're seeing fewer companies..."}
{"_id": "91717", "title": "", "text": "Your son is completely free to pay off your mortgage if he wants. However in most jurisdictions it counts as a gift to you, and will be subject to gift tax, or its equivalent. This is why the bank doesn't want to receive payments directly from your son, so that they are not caught up in the reporting of this. If you are in the US, this is a good page about Gift Tax."}
{"_id": "91724", "title": "", "text": "I got $26,000/month for Group B.  If they spend $26,000 that gives $390 in fees.  It will take on average 1.5 months for them to pay the credit card company.  With a monthly cost of funds of .04 divide that by 12 and multiply by 1.5, to get a .5% cost for every dollar of customer B spending on cost of funds.  This leads to a $130 cost for a total profit of $260.  I'm sorry for the lost job.  Things like that happen to lots of people.  As long as you're still alive, there's always going to be more opportunities.  Most people only notice a tiny percentage of the opportunities that come their way, and even fewer take advantage of them."}
{"_id": "91746", "title": "", "text": "Since you mentioned \u00a3, there's a good chance you're in the UK. The UK is something of an anomaly in the world in so much as you don't need to use CDFs because you can 'spread bet'. The principle is ultimately the same: you're making a bet that the price will change in your favour. As others have said, this isn't investment and isn't a good idea if you don't know what you're doing. It's a possibly risky way into the field because your losses can exceed your deposit. It's generally pretty short-term, and so is highly susceptible to unpredictable temporary market fluctuation ('real' investing is usually longer term, and so based on the general trend of the market, which is generally less difficult to predict). That said, half-way decent spread betting companies will check you out pretty thoroughly before you start, they'll offer a 'demo' account where you can trade with 'fake money' (ie. you make no deposit, and can make no withdrawals) until you're comfortable. Some do training courses and seminars too. When you first start trading for real, you'll need to put a 'stop loss' on every trade, and thus mostly avoid the problem of losing more than you staked (it's still possible to lose more than you staked with a stop loss, but in most cases your excess loss won't be ruinous, just eye-watering). I worked for one such spread-betting company (a good, honest one at that). We once had an internal competition using demo accounts - the aim was to make as much money as you could in a two week period. I think we started with \u00a310,000 each. A couple of people 'made' a decent looking amount of money in that time, but dozens more of us lost at least all of the money. It is possible to make money, but there's a far, far greater chance you'll lose all you're prepared to stake (and maybe more). Also, using a demo account is very different from using real money (no matter how much you tell yourself it isn't)."}
{"_id": "91771", "title": "", "text": "You're welcome. Pm me if you have questions. Ideally you would get to a point where you are debt free save a mortgage if that's where you are heading. Your interest rates a low enough save the credit card debt that you may want to look into an investment portfolio. Especially if you have more than $3k in cash. You don't need to keep that much cash at your age. Most investments are liquid enough you could get it out in a couple of days in case of an emergency. Though you will want to think about how taxes and market timing could affect you."}
{"_id": "91774", "title": "", "text": "I second the above post. I am a CFA charterholder, and have an MBA.  The CFA Charter is the gold standard for asset management and investment research. Plus, it is a self-study program. You can sit for the Level I exam as a Senior in undergraduate, and this is a huge positive signal to prospective employers."}
{"_id": "91778", "title": "", "text": "They offer a coupon that is 40% to 60% the actual amount that it could in theory offer, if not for delinquent cases.... the banks pocket the difference in the name to be able to pay up consistently..... not a pretty picture but it covers their ass"}
{"_id": "91779", "title": "", "text": "The future shares will be fewer in number, yet have claim to less cash in the bank. All in all, there's little reason the shares would rise in value.  Say there are 1M shares, trading at $10. Market cap is $10M of course. Now, there happens to be $2M cash in the bank so each share had about $2 cash. By taking the $2M and buying 200K shares, 800K shares remain, but why would you think they'd be valued at $12.50? The same $10 value per share is now an $8M market cap as $2M has been disbursed, no less so than if it were given out in a dividend."}
{"_id": "91788", "title": "", "text": "\"(I'm a bit surprised that nobody talked about the impact of multiple inquiries on a loan, since OP is concerned with credit building. Probably an answer as opposed to a comment is justified.) Yes. In fact when you shop for auto loan you are expected to have your credit score/report be pulled by different banks, credit unions, and/or the financing arm of the car manufacturer or the dealership, so that you can hopefully get the best rate possible. This is especially true if the dealer is requesting quotes on rates on your behalf, as they would probably use a batch process to send out applications to multiple financial institutions all at once. Yes, and a bit unusual - CALVERT TOYO (your dealer) pulled your report twice on the same day. Presumably they are not getting any new information on the second pull. Maybe a fat finger? Regardless, you should not worry about this too much (to be explained below). I would say \"\"don't bother\"\". The idea behind hard inquiries lowering credit score is that lenders see the number of hard inquiries as your desire for credit. Too high a number is often viewed as either \"\"desperate for credit\"\" or \"\"unable to qualify for credit\"\".  But as explained above, it is very common for a person to request quotes for multiple financial institutions and thus to have multiple hard inquiries in a short period of time when shopping for loans. To account for that, the credit bureau's model would usually combine hard inquiries for a same type of loan (auto, mortgage, etc.) within 30 days. Hence a person sending quote request to 3 banks won't be rated higher for credit than if he were to request quotes from 5 banks.  Therefore in your case your credit profile is not going to be different if you had been pulled just once. my credit score goes down for 15 points I'm assuming you are talking about the credit score provided by Credit Karma. The score CK provided is FAKO. The score lenders care about is FICO. They are well correlated but still different. Google these two terms and you should be able to figure out the difference quickly. You can also refer to my answer to a different question here: Equifax credit score discrepancy in 1 month, why?\""}
{"_id": "91804", "title": "", "text": "Is there a debit card accessing this account?  When you spend money on a debit card for certain item, including, but not limited to gas, restaurant, hotel, a bit extra is held in reserve. For example, a $100 restaurant charge might hold $125, to allow for a tip. (You're a generous tipper, right?) The actual sales slips my take days to reconcile.  It's for this reason that I've remarked how credit cards have their place. Using debit cards requires that one have more in their account than they need to spend, especially when taking a trip including hotel costs."}
{"_id": "91806", "title": "", "text": "Indeed, I have to agree with the utterly reasonable arguments in Iraq, Libya, Syria, Afghanistan have made the world a better place, I really don't understand what is holding back the Koreans from constructive dialogue . . .Maybe its Trumps color . .reminds them of Agent Orange . .oh sorry . .that was Vietnam"}
{"_id": "91825", "title": "", "text": "Well technically debt is commonly measured as a % of GDP in order to give it a sense of scale. How else would you compare US debt vs Greek debt. You can also do it as a % of assets I guess, but that's much harder to measure"}
{"_id": "91831", "title": "", "text": "A stock's price does not move in a completely continuous fashion.  It moves in discrete steps depending on who is buying/selling at given prices. I'm guessing that by opening bell the price for buying/selling a particular stock has changed based on information obtained overnight. A company's stock closes at $40.  Overnight, news breaks that the company's top selling product has a massive defect.  The next morning the market opens.  Are there any buyers of the stock at $40?  Probably not.  The first trade of the stock takes place at $30 and is thus, not the same as the previous day's close."}
{"_id": "91838", "title": "", "text": "It looks to me like this is a 'call an attorney' situation, which is always a good idea in situations like this (family legal disputes).  But, some information. First off, if your family is going to take the car, you certainly won't need to make payments on it any more at that point, in my opinion.  If the will goes through probate (which is the only way they'd really be able to take it), the probate judge should either leave you with the car and the payments, or neither (presumably requiring the family to pay off the loan and settle your interest in the car).  Since the car has negative net value, it seems unlikely that the probate judge would take the car away from you, but who knows.  Either way, if they do take the car away from you, they'll be doing you a service: you have a $6,000 car that you owe $12,000 on.  Let them, and walk away and buy another car for $6,000. Second, I'm not sure they would be allowed to in any event.  See the Illinois DMV page on correcting titles in the case of a deceased owner; Illinois I believe is a joint tenancy state, meaning that once one owner dies, the other just gets the car (and the loan, though the loan documents would cover that).  Unless you had an explicit agreement with your grandfather, anyway. From that page: Joint Ownership A title in the names of two or more persons is considered to be in joint tenancy. Upon the death of one of them, the surviving joint tenant(s) becomes the owner(s) of the vehicle by law. Third, your grandfather can fix all of this fairly easily by mentioning the disposition of the car and loan in his will, if he's still mentally competent and wishes to do so.  If he transfers his ownership of the car to you in the will, it seems like that would be that (though again, it's not clear that the ownership wouldn't just be yours anyway). Finally, I am not a lawyer, and I am not your lawyer, so do not construe any of the text of this post as legal advice; contact a lawyer."}
{"_id": "91842", "title": "", "text": "&gt;some of it is actually decent investigative reporting  lol.  Businessweek could draw up a better article here than Vice.  &gt; Of course, you have a strong opinion adamantly against it, so I am guessing you really don't ever read that content.  One I did read it.  Two I am against it as most of what Vice does today is clickbait and journalism on the same level of Buzzfeed which is low.  The Atlantic, Time, The New York Times, etc all do far better investigative journalism than Vice does.  If you think this Vice article is good investigative journalism I don't know what to say."}
{"_id": "91847", "title": "", "text": "\"Hahahahaa! Oh man, this is hilarious. Are you going to try and explain a debit and credit to me next?  &gt;There's a huge distinction between a company that is generating no sales, and a company that is generating no profit.  I must have missed that part in your heavily nuanced comment about \"\"making money.\"\"\""}
{"_id": "91854", "title": "", "text": "Do we really want to get into this?  There has been a production of Julius Caesar with Caesar portrayed as the current president in every single presidency.   The entire point of the play is to show what happens when private citizens violently overthrow the government. It ends badly for them, it's a tragedy.  Read the play."}
{"_id": "91870", "title": "", "text": "I haven't seen any of the other answers address this point \u2013 shares are (a form of) ownership of a company and thus they are an entitlement to the proceeds of the company, including proceeds from liquidation. Imagine an (extreme, contrived) example whereby you own shares in a company that is explicitly intended to only exist for a finite and definite period, say to serve as the producers of a one-time event. Consider a possible sequence of major events in this company's life: So why would the shares of this hypothetical company be worth anything? Because the company itself is worth something, or rather the stuff that the company owns is worth something, even (or in my example, especially) in the event of its dissolution or liquidation. Besides just the stuff that a company owns, why else would owning a portion of a company be a good idea, i.e. why would I pay for such a privilege? Buying shares of a company is a good idea if you believe (and are correct) that a company will make larger profits or capture more value (e.g. buy and control more valuable stuff) than other people believe. If your beliefs don't significantly differ from others then (ideally) the price of the companies stock should reflect all of the future value that everyone expects it to have, tho that value is discounted based on time preference, i.e. how much more valuable a given amount of money or a given thing of value is today versus some time in the future. Some notes on time preference: But apart from whether you should buy shares in a specific company, owning shares can still be valuable. Not only are shares a claim on a company's current assets (in the event of liquidation) but they are also claims on all future assets of the company. So if a company is growing then the value of shares now should reflect the (discounted) future value of the company, not just the value of its assets today. If shares in a company pays dividends then the company gives you money for owning shares. You already understand why that's worth something. It's basically equivalent to an annuity, tho dividends are much more likely to stop or change whereas the whole point of an annuity is that it's a (sometimes) fixed amount paid at fixed intervals, i.e. reliable and dependable. As CQM points out in their answer, part of the value of stock shares, to those that own them, and especially to those considering buying them, is the expectation or belief that they can sell those shares for a greater price than what they paid for them \u2013 irrespective of the 'true value' of the stock shares. But even in a world where everyone (magically) had the same knowledge always, a significant component of a stock's value is independent of its value as a source of trading profit. As Jesse Barnum points out in their answer, part of the value of stocks that don't pay dividends relative to stocks that do is due to the (potential) differences in tax liabilities incurred between dividends and long-term capital gains. This however, is not the primary source of value of a stock share."}
{"_id": "91880", "title": "", "text": "Metropolitan Shredding is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Perth."}
{"_id": "91882", "title": "", "text": "Does your wife perform solo or in association with other actor/actresses and other volunteers? The latter arrangement sounds more like an unincorporated association or a partnership, which might be a bit freer to match the revenue and expenses.  By grinding through the proper procedures, it might be possible to get official non-profit status for it, as well.   Ask a professional."}
{"_id": "91909", "title": "", "text": "\"Status alone shouldn't be a problem. A fellow blogger publishes a blogger list at Rock Star Finance where he lists nearly 1000 personal finance bloggers web sites. You can see that many of them publicly offer their numbers.   What you need to consider is whether you are anonymous, or if friends and family will know it's you. \"\"Hey Tev, you have no debt and already saved XXX francs? Can you lend me ZZ francs to buy....?\"\" That is the greater risk. The potential larger risk for the higher worth people is that of targeted theft.  (Interesting you couldn't find this via search, the PF blogging community is large, mature, and continuing to grow.)\""}
{"_id": "91911", "title": "", "text": "I want to know ideally how much should a person save for retirement   funds? A person should save enough such that your total retirement resources will equal the amount you personally need for a comfortable retirement at the point in time when the person desires to retire. If you want to retire at 40, you may need to save quite a lot each year. If you want to retire at 70, you may need to save less each year. If you will have a pension, you may wish to save somewhat less than someone who won't have a pension. The same is true for Social Security (or your local equivalent). I am getting a feeling retirement funds is equal to financial   independence because one can live without needing to borrow money from   anyone. Sort of, but it depends on your goals. Some who are financially independent never choose to retire, but choose jobs without regard to financial need."}
{"_id": "91926", "title": "", "text": "\"For the mortgage, you're confusing cause and effect. Loans like mortgages generally have a very simple principle behind them: at any given time, the interest charged at that time is the product of the amount still owing and the interest rate. So for example on a mortgage of $100,000, at an interest rate of 5%, the interest charged for the first year would be $5,000. If you pay the interest plus another $20,000 after the first year, then in the second year the interest charge would be $4,000. This view is a bit of an over-simplification, but it gets the basic point across. [In practice you would actually make payments through the year so the actual balance that interest is charged on would vary. Different mortgages would also treat compounding slightly differently, e.g. the interest might be added to the mortgage balance daily or monthly.] So, it's natural that the interest charged on a mortgage reduces year-by-year as you pay off some of the mortgage. Mortgages are typically setup to have constant payments over the life of the mortgage (an \"\"amortisation schedule\"\"), calculated so that by the end of the planned mortgage term, you'll have paid off all of the principal. It's a straightforward effect of the way that interest works in general that these schedules incorporate higher interest payments early on in the mortgage, because that's the time when you owe more money. If you go for a 15-year mortgage, each payment will involve you paying off significantly more principal each time than with a 30-year mortgage for the same balance - because with a 15-year mortgage, you need to hit 0 after 15 years, not 30. So since you pay off the principal faster, you naturally pay less interest even when you just compare the first 15 years. In your case what you're talking about is paying off the mortgage using the 30-year payments for the first 15 years, and then suddenly paying off the remaining principal with a lump sum. But when you do that, overall you're still paying off principal later than if it had been a 15-year mortgage to begin with, so you should be charged more interest, because what you've done is not the same as having a 15-year mortgage. You still will save the rest of the interest on the remaining 15 years of the term, unless there are pre-payment penalties. For the car loan I'm not sure what is happening. Perhaps it's the same situation and you just misunderstood how it was explained. Or maybe it's setup with significant pre-payment penalties so you genuinely don't save anything by paying early.\""}
{"_id": "91927", "title": "", "text": "Actually BofA never charged for their debit card usage. It was all heresy from the media because Wells Fargo and Chase Bank were actually charging their customers. As to your credit card, you know that you can close that at anytime and pay off whatever owing balance you have left with it still closed."}
{"_id": "91933", "title": "", "text": "&gt; The jobs in the economy is (generally) fixed  That\u2019s not really true.  Industries are developed and killed off all the time.  &gt; At the end of the day we will still need dishwashers and security guards.   A small capital investment could be used as a replacement for most of the labor.  A better dishwasher, a better security system both allow each unit of labor to become more productive.  It was true with the cotton gin and it will be true with future innovations."}
{"_id": "91937", "title": "", "text": "Oh I definitely agree.  The infrastructure costs of mass transit in the US are enormous, what if we just skip over it and it's replaced by Tesla style communal on demand transport.  We could go the route of Africa bypassing traditional phone infrastructure and jumping straight to mobile."}
{"_id": "91982", "title": "", "text": "With a big enough haircut (and insurance) everything can be collateral. Does a Warhol get be be counted as 100 million of collateral? No. But it's definitely worth something.   To be honest, a painting is probably more dependable as collat because it probably just stays in one place and doesn't get handled a lot. When was the last time you heard of a painting getting hijacked or sinking off the coast of Spain?"}
{"_id": "91986", "title": "", "text": "&gt; One problem with the Social Security number, he said, is that a victim of identity theft cannot get it changed after it has been stolen.  Not quite true. [You *can* get your Social Security number changed](https://faq.ssa.gov/link/portal/34011/34019/article/3789/can-i-change-my-social-security-number), but it's a process to do so, and is only available for specific reasons. One of those reasons is due to ongoing issues with identify theft:  &gt; We can assign a different number only if:  &gt; * ... A victim of identity theft continues to be disadvantaged by using the original number;  So it's doable, but the process of doing so isn't easy, and requires a trip to Washington, DC, which most folks won't be able to do (which are only compounded if dealing with financial stresses caused by identity theft)."}
{"_id": "91989", "title": "", "text": "&gt;Certainly part of the blame goes to America's pop culture. Dolla dolla bills, ya'll.  At what point in time did people not like to make more money?  I mean, if someone else is offering higher compensation, you should likely consider shifting jobs; it means that somewhere there's a higher need of you."}
{"_id": "91994", "title": "", "text": "While you are required to do so as others have said, it's actually in your interest to do so. In a recent article at GlobeInvestor, Tim Cestnick discusses the benefits of filing tax returns for teens. This situation may or may not apply to you but the message is the same. The main benefits are (1) create RRSP contribution room and (2) be eligible for GST/HST credits and other possible one-shot credits (think oil royalty surplus cheques in Alberta). Excerpt: You see, when Lincoln was 14, he filed a tax return and reported $2,000 of income that year. He paid no tax thanks to the basic personal tax credit, but he created $360 of RRSP contribution room that year. Beginning in 2003, Lincoln started working part-time in his father's business. His father agreed to pay him $6,000 each summer to work in the business, to help save money for university. Lincoln didn't pay any tax on the money he earned in those summers because his basic personal tax credit was always higher than his earnings. In addition, Lincoln added to his RRSP contribution room simply by filing a tax return each year."}
{"_id": "92004", "title": "", "text": "\"The percentage of market share alone isn't determinative of whether an illegal monopoly exists, and it's theoretically possible to violate antitrust law with as little as 50% market share. Specifically U.S. courts have interpreted the Sherman Antitrust Act, Section Two, to mean that [\"\"A market share greater than 75 percent indicates monopoly power, a share less than 50 percent does not, and shares between 50 and 75 percent are inconclusive in and of themselves.\"\"](http://law.jrank.org/pages/10247/Sherman-Anti-Trust-Act-Monopolies.html)\""}
{"_id": "92006", "title": "", "text": "\"Hi Amy,  thank you for your article.  Got to say however that I tend to disagree.  I've been through the venture rabbit hole a number of times.  Each one was an experience I'll never forget and wouldn't trade for anything.  I learned so much more about how the business world actually works (or...doesn't) than I would have at some more established company.    That said, I am also quite sour on the whole VC thing and at my most recent startup we've foregone outside investors and bootstrapped things from the get go.  It was probably the best decision we made because it allowed us to be flexible in our strategy and not always beholden to the \"\"quick exit\"\" that VC money always drives.     However, I realize that not all businesses can be like ours.  We started off as a consulting company and moved into build products as our cash reserve grew.  If we had wanted to do something big, or fast, or perhaps manufacture something, we would never have had the capital to get it going.  Those types of business *need* outside funding, and generally it's only VCs who are willing to take the 1 in 20 bet that startups usually entail.  For that, I'm glad that VCs are there, and think they provide a very valuable service and part of our economy.  I just don't ever want to have to deal with them again...\""}
{"_id": "92014", "title": "", "text": "Presumably, some of the selling pressure could be from insiders who have been locked up for a while and now that they've gone public, they're cashing out.   The problem with snapchat is that unlike when facebook went public, it does not stand alone. Facebook wasn't really fighting anyone for dominance when it went public - it had already won the war and just had to prove its ability to generate a profit. Snapchat is directly in Facebook's crosshairs (instagram) which makes it a tougher situation because not only do they have to prove profitability, they have to fight facebook while doing it."}
{"_id": "92029", "title": "", "text": "It is a good idea to keep the receipts. The reason being that the dispensation from the ATM and the debit to the account are async process. There are multiple handshakes during this process between the hardware of the ATM, the software controlling the ATM and the core banking software. like any software programming, there are chances of errors, ie amounts being debit wrong due to bugs, or duplicate of transactions being posted. Altough such errors would normally get caught during recon between the ATM software and the Core Banking postings, its advisable to keep the receipts and verify erroneous debits. In such cases, the receipts would provide additional information required by the Bank to rectify the errors promptly."}
{"_id": "92032", "title": "", "text": "Well, from what I have heard, the pass is 60%.  Evidently, I am going to try to get a lot better but since I am still new to Finance, trying to put all the pieces together can be a bit of a challenge.  More studying would help that I assume."}
{"_id": "92038", "title": "", "text": "\"When you compare the costs of paying your current mortgage with the rental income from the flat, you're not really comparing like with like. Firstly, the mortgage payments are covering both interest and capital repayments, so some of the 8k is money that is adding to your net worth. Secondly, the value of the flat (130k) is much more than the outstanding mortgage (80k) so if you did sell the flat and pay off the mortgage, you'd have 50k left in cash that could be invested to provide an income. The right way to compare the two options is to look at the different costs in each scenario. Let's assume the bigger house will cost 425k as it makes the figures work out nicely. If you buy the bigger house with a bigger mortgage, you will need to borrow 50k more so will end up with a mortgage of 130k, and you will still have the 8k/year from the flat. Depending on your other income, you might have to pay tax on the 8k/year - e.g. at 40% if you're a higher-rate taxpayer, leaving you with 4.8k/year. If you sell the flat, you'll have no mortgage repayments to make and no income from the flat. You'll be able to exactly buy the new house outright with the 50k left over after you repay the mortgage, on top of your old house. You'd also have to pay some costs to sell the flat that you wouldn't have to with the bigger mortgage, but you'd save on the costs of getting a new mortgage. They probably aren't the same, but let's simplify and assume they are. If anything the costs of selling the flat are likely to be higher than the mortgage costs. Viewed like that, you should look at the actual costs to you of having a 130k mortgage, and how much of that would be interest. Given that you'll be remortgaging, at current mortgage rates, I'd expect interest would only be 2-3%, i.e around 2.5k - 4k, so significantly less than the income from the flat even after tax. The total payment would be more because of capital repayment, but you could easily afford the cashflow difference. You can vary the term of the mortgage to control how much the capital repayment is, and you should easily be able to get a 130k mortgage on a 425k house with a very good deal. So if your figure of 8k rent is accurate (considering void periods, costs of upkeep etc), then I think it easily makes sense to get the bigger house with the bigger mortgage. Given the tax impact (which was pointed out in a comment), a third strategy may be even better: keep the flat, but take out a mortgage on it in exchange for a reduced mortgage on your main house. The reason for doing it that way is that you get some tax relief on the mortgage costs on an investment property as long as the income from that property is higher than the costs, whereas you don't on your primary residence. The tax relief used to just be at the same tax rate you were paying on the rental income, i.e. you could subtract the mortgage costs from the rental income when calculating tax. It's gradually being reduced so it's just basic rate tax relief (20%) even if you pay higher-rate tax, but it still could save you some money. You'd need to look at the different mortgage costs carefully, as \"\"buy-to-let\"\" mortgages often have higher interest rates.\""}
{"_id": "92039", "title": "", "text": "Ouch. In that case, I'm surprised the company is big enough to support a true treasury team. I would guess that it would be more of a cash management role with less opportunity for investing cash or dipping much into bond markets."}
{"_id": "92072", "title": "", "text": "Somewhat.  The balance sheet will include liabilities which as Michael Kj\u00f6rling points out would tell you the totals for the debt which would often be loans or bonds depending on one's preferred terminology.  However, if the company's loan was shorter than the length of the quarter, then it may not necessarily be reported is something to point out as the data is accurate for a specific point in time only. My suggestion is that if you have a particular company that you want to review that you take a look at the SEC filing in full which would have a better breakdown of everything in terms of assets, liabilities, etc. than the a summary page.  http://investor.apple.com/ would be where you could find a link to the 10-Q that has a better breakdown though it does appear that Apple doesn't have any bonds outstanding.  There are some companies that may have little debt due to being so profitable in their areas of business."}
{"_id": "92087", "title": "", "text": "46 years for Fred Smith - this is quite a feat. Jeff Bezos is exactly half that at 23 years.  Incredible what Fred did in all those years to build up FedEx and how to company has changed the world. Though, what an awesome job it'd have been to be a runner before FedEx - catching overnight flights to deliver an envelope.  Speaking to shipping, I'd say Smith has had the biggest impact since Malcom McLean pioneered the shipping container."}
{"_id": "92096", "title": "", "text": "\"Agreed. More so, the behavior of these organizations in the past probably justifies a cynical reception and the idea that these things are going to be used for purposes beyond the stated.  It also creates a problem of \"\"you manage what you can measure\"\". Is physically being at your desk tied to productivity? Better hope so, if you are managing to it, or are you accidentally creating a culture that incentivizes not networking, not having meetings, and not communicating where organizational knowledge decays and vanishes in favor of sitting at your desk on reddit?  You know, in theory.\""}
{"_id": "92104", "title": "", "text": "&gt; I just think it's bad for one company to have so much influence over our ag industry. We should split them up along with many other large global corporations.  I work in Ag and I honestly don't know what everyone's issue really is with them. You don't HAVE to buy their seed. And we need seed companies that develop new ones that stay ahead of diseases etc.  And before anyone goes off about the farmers that get sued by Monsanto for saving seed,[ the Supreme Court ruled 9-0 in Monsanto's favor because those farmers blatantly violating patent law.](http://www.npr.org/sections/thetwo-way/2013/05/13/183603368/supreme-court-rules-for-monsanto-in-case-against-farmer)"}
{"_id": "92109", "title": "", "text": "When a stock is ask for 15.2 and bid for 14.5, and the last market price was 14.5, what does it mean? It means that the seller wants to sell for a higher price than the last sale while the buyer does not want to buy for more than the last sale price. Or what if the last price is 15.2? The seller is offering to sell for the last sale price, but the buyer wants to buy for less."}
{"_id": "92111", "title": "", "text": "When Obama came into office we were running a roughly $1.16 trillion deficit, and when he left office it was only $600 billion.  Yes, the total debt kept going up because he never got that number to zero, but he made a lot of progress.  Trump, by contrast, seems determined to blow up the deficit, just has the last Republican president did.  And the Republican before that.  And the Republican before that...  EDIT: Thanks for the gold kind stranger!"}
{"_id": "92120", "title": "", "text": "Fair point, but I'd submit to you that the European system has demonstrated its flaws. You claim it is better than the U.S. system, which in terms of ease, quality or value, is probably the case.   But, the unsustainable costs in the Eurozone are driven by healthcare and entitlement programs, similar to the U.S. and other developed nations. What happens when Greece, Italy, Spain and Portugal are forced to default or leave the Euro? Do you think the healthcare quality, ease and value will remain as it has been?"}
{"_id": "92129", "title": "", "text": "Di MASAI AUTO CITY kami telah membangunkan satu sistem yang unik untuk mencari kereta terpakai yang anda cari. Kami mempunyai beribu-ribu tawaran kereta terpakai untuk dipilih, tetapi di atas semua, sistem penilaian yang menilai sama ada atau tidak harga kenderaan, berkenaan dengan ciri-cirinya, berada di pasaran. Dan seperti yang kita tahu, anda boleh membeli kereta mudah. Jika anda mempunyai keraguan tentang harga, anda boleh mengakses penilai harga kami di sini. Kami sangat prihatin terhadap iklan kereta yang digunakan yang kami miliki dan itulah sebabnya kami menyemak semuanya secara manual sebelum menerbitkannya."}
{"_id": "92132", "title": "", "text": "[Who Killed the USPS?](http://www.theatlantic.com/business/archive/2011/12/who-killed-the-postal-service/249508/?google_editors_picks=true)  &gt;The Postal Service Reorganization Act was intended to transform the mail system from a dysfunctional dumping ground for political patronage into a self-sustaining, independent agency. It was told, in other words, to act like a business. But the politicians never really let it."}
{"_id": "92139", "title": "", "text": "I don't think this is always true, it really depends on the quantities you're looking for and the markets you're in. Sounds like this guy is dabbling in many markets trying to find out the good niches, therefore he's not going all in on anything. In the article he addresses the fact that some of these shops will sometimes have more orders/connections and therefore more leverage than you might if going directly to the manufacturer. I also wouldn't be surprised at all if many manufacturers, especially the uber-cheap ones, don't feel comfortable talking directly to westerners... their expertise is making stuff cheap, not in communications."}
{"_id": "92144", "title": "", "text": "Every reward program has to have a funding source. If the card gives you x percent back on all purchases. That means that their business is structured to entice you to pump more transactions through the system. Either their other costs are lower, or the increased business allows them to make more money off of late fees, and interest. If the card has you earn extra points for buying a type of item or from a type of store (home stores improvement in the Spring), they are trying to make sure you use their card for what can be a significant amount of business during a small window of time. Sometimes they cap it by saying 5% cash back at home improvement stores during the spring but only on the first $1500 of purchases. That limits it to $75 maximum. Adding more business for them, makes more money for them. Groceries and gas are a good year round purchase categories. Yes there is some variation depending on the season, and the weather, but overall there is not an annual cliff once the season ends. Gas and groceries account for thousands of dollars a year these are not insignificant categories, for many families are recession proof. If they perceive a value from this type of offer they will change their buying behavior.  My local grocery store has a deal with a specific gas station. This means that they made a monetary deal. Because you earn points at the grocery store and spend points at the gas station, the grocery store is paying some compensation to the gas station every time you use points. The gas station must be seeing an increase in business so theoretically they don't get 100% compensation from the grocery store.  In cases where credit cards give airline miles, the credit card company buys the miles from the airline at a discount because they know that a significant number of miles will never be used."}
{"_id": "92146", "title": "", "text": "Academy of Financial Studies (AFS), based in Delhi is offering effective programs for investors as well as traders in investment banking in india. Investment banking is the process of raising money through debt (loans and bonds) or else equity (IPOs or Private Equity placements). This money is used for funding the capital expenditures, dividend payouts and working capital etc."}
{"_id": "92156", "title": "", "text": "I do appreciate the explanation.  I was being a bit facetious about hotdogs in that I don't buy the SAME hotdog over and over again.    But seriously, I still don't see why rising house prices shouldn't count towards inflation.   100s of thousands of homes are bought per day affecting millions of consumers per day.  The price fluctuations in housing absolutely affect the spending habits of consumers in every other facet of the economy.  Or put another way, what if in some wacky world everyone stopped buying virtually all other items except bare essentials because they were all focused on buying homes.  A huge construction industry boom ensues. Millions are working building homes.  Home prices skyrocket 1000% and become like 80% of GDP.  Is inflation dead? Or has it just shifted to another asset under our typical inflation radar?  Living costs are still very much affected by housing in this scenario.  They're just affected by millions of separate people at once each day.   To say that because one person doesn't repeat buy housing too often, means policy regarding inflation should be ignorant of housing prices, just isn't right.  That they are bought and sold by millions of consumers each month is just as important to the economy as food, energy, or any other major facet of our economy. In any event, inflation might be lagging, but it sure as hell isn't lagging when it comes to housing."}
{"_id": "92157", "title": "", "text": "Unless you can have your savings earning more than the transfer fees, you should just pay the credit cards off before the interest free period ends. Also, there is the difficulty in finding new cards offering 0% interest continuously. You are better off paying off all your bad debt as soon as possible, start saving and investing, instead of wasting your time and energy trying to find new offers of 0% for your transfers before it expires. Rule of Thumb: Get rid of your Bad Debts as soon as possible; Keep your Good Debts as long as possible (as long as you can afford them)."}
{"_id": "92167", "title": "", "text": "CAPITAL MARKETS Cochrane Shaw Capital Management Pty Ltd. SnapshotPeople COMPANY OVERVIEW  Cochrane Shaw Capital Management Pty Ltd. provides investment and securities advisory services to individuals, corporations, accounting firms, and legal practices in Australia. The company offers advice on shares, debentures, superannuation, life insurance, unit trusts, and master fund products, as well as ongoing review on their investment portfolio. Its services include financial planning and investment strategies, superannuation planning, retirement and pension planning, risk insurance management, estate planning, and taxation planning. Cochrane Shaw Capital Management Pty Ltd. was incorporated in 1969 and is based in Melbourne, Australia. As of December 24, 2010, Cochrane Shaw Capital Ma... Detailed Description Suite 2 41 Railway Road Blackburn Melbourne, VIC 3130 Australia Founded in 1969 Phone: 61 3 9894 3788 Fax: 61 3 9894 1015 www.cochraneshaw.com.au KEY EXECUTIVES  Cochrane Shaw Capital Management Pty Ltd. does not have any Key Executives recorded.  SIMILAR PRIVATE COMPANIES BY INDUSTRY  Company Name Region Bluefin Pty. Ltd. Asia 333 Capital Pty Ltd. Asia Grove Research and Advisory Asia Vibraye Holdings Pty. Ltd. Asia Teachers Credit Union Limited Asia RECENT PRIVATE COMPANIES TRANSACTIONS  Type Date Target No transactions available in the past 12 months."}
{"_id": "92196", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.newstatesman.com/politics/economy/2017/08/were-racing-towards-another-private-debt-crisis-so-why-did-no-one-see-it) reduced by 84%. (I'm a bot) ***** &gt; As a result, NFU President Minette Batters is a supporter of the governments&amp;#039; present 25-year eradication strategy, which combines a mix of cattle testing, badger culling, and developing new diagnostic tests and vaccinations.  &gt; What if the government&amp;#039;s comprehensive approach is flawed and killing badgers is in fact needless? On a farm in Devon, the Save Me Trust has been supporting an experiment to prove that, with better testing, it&amp;#039;s possible to eliminate TB in a cattle herd without having to touch the surrounding wildlife.  &gt; Badgers around the farm have tested TB-positive, she says, yet since they have comprehensively cleared the disease from the cattle herd it has not returned.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6yauyl/new_statesman_were_racing_towards_another_private/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~204918 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **cattle**^#1 **test**^#2 **badger**^#3 **farm**^#4 **Brummer**^#5\""}
{"_id": "92201", "title": "", "text": "Yes timing does matter. Using a simple Rate of Change indicator over the past 100 days and smoothed out with a 50 day Moving Average, I have plotted the S&P 500 since the start of 2007.  The idea is to buy when the ROC indicator crosses above the zero line and sell when the ROC indicator crosses below the zero line. I have compared the results below of timing the markets from the start of 2007 to dollar cost averaging starting from the start of 2007 and investing every 6 months. $80k is invested in both cases.  For the timing the market option $80k was invested at the start of 2007, then the total figure was sold out when a sell signal was given, then the total amount reinvested when a new buy signal was given. For the DCA option $5000 was invested every 6 months starting from the start of 2007 until the last investment at the start of July 2014. The results are below:  Timing the markets results in more than double the returns (not including dividends and brokerage). Edit It has been brought up that I haven't considered tax in my Timing the Market option. So I have updated my timing the market spread-sheet to take into account both long-term and short-term CGT in the USA for someone on the highest tax bracket. The results are below:  The result is still almost a 2x higher returns for the timing the markets option.  Also note that even with the DCA option you will have to sell one day and pay CGT on any profits there. However, the real danger with the DCA option is if you need to sell during a market downturn and not make any profits at all."}
{"_id": "92202", "title": "", "text": "Depending on your local laws, such a layoff may be an unlawful act. If the whole purpose of the lay-off is to strip the employees of their RSU's, the employer may be liable and get sued. However, you have to check that with a lawyer licensed in your jurisdiction. In many places there are no laws against this. In any case, you may claim that there was no good faith/just cause in the action and still sue the employer. Mere threat of a lawsuit may thwart the whole deal, so I suggest the employees to lawyer up and talk to the employer. That, by the way, will require to create a union - a representative body for the employees. In some places that by itself may be a just cause for termination (in some extremely anti-union jurisdictions, I would guess if there were some they would be in the US). Bottom line - talk to a lawyer."}
{"_id": "92204", "title": "", "text": "I think you severely underestimate the math requirement for finance phds. I took first year metrics with the econ and finance phds at berkeley. Almost all of them had the equivalent of a bachelors, if not a masters, degree in math. You are going to need to go far beyond calculus. At a minimum you should have multivariate calculus, differential equations, linear algebra, and real anaylsis. For example, you'll need real analysis and measure theory for stochastic calculus which would be used for continuous time asset pricing. Real analysis would also be required for first year micro. You'll also need a strong background in probability and statistics for financial econometrics and time series."}
{"_id": "92227", "title": "", "text": "This is why it bothers me when State Governors get up there and crow about how they balanced the States Budget.  Really? what are the negative consequences someone else is going to have to bear 10 years down the road?"}
{"_id": "92232", "title": "", "text": "Transform your business today with the help of I-Thrive. Through their online course called the Small Business Multiplier, you can learn a lot of strategies and techniques that will ultimately change the way you run your business. Waste no more of your time and get in touch with them right now! Visit their website at https://www.i-thrive.co.uk/ for more information."}
{"_id": "92245", "title": "", "text": "One reason why keep my DCU account active.  Free fico credit scores! https://www.dcu.org/electronic_services/index.html but specifically this page https://www.dcu.org/electronic_services/FICO.html By signing up to receive your FREE credit score in PC Branch you'll be   able to monitor your credit score, receive two reasons why your credit   score is not higher, and learn how to take positive steps towards   improving your score. Other services such as this may cost you more   than $165* annually. Through DCU you can receive your Equifax FICO   Credit Score via PC Branch under Account Manager in your Inbox once a   month FREE as part of your Checking Plus or Relationship Checking   benefits. ... Digital Credit Union"}
{"_id": "92255", "title": "", "text": "\"In my office we say \"\"A plan never survives first contact.\"\"  I think the more important lesson would be the ability to quickly adapt your goals as things come up.  I know plenty of business owners who have created goals and strive like hell to achieve them even after it no longer makes sense.\""}
{"_id": "92267", "title": "", "text": "The 'normal' series of events when trading a stock is to buy it, time passes, then you sell it. If you believe the stock will drop in price, you can reverse the order, selling shares, waiting for the price drop, then buying them back. During that time you own say, -100 shares, and are 'short' those shares."}
{"_id": "92282", "title": "", "text": "[&amp;#9733;&amp;#9733;&amp;#9733; Register To Vote &amp;#9733;&amp;#9733;&amp;#9733;](https://myvote.wi.gov/en-us/registertovote)   [**Randy Bryce**](https://randybryceforcongress.com/) is running against Paul Ryan.   [Donate](https://secure.actblue.com/donate/randy-bryce-for-congress-1) | [Reddit](https://www.reddit.com/r/RandyBryce) | [Facebook](https://www.facebook.com/RandyBryce2018) | [Twitter](https://twitter.com/IronStache)   Bryce supports universal health care, living wages, protecting Social Security and Medicare, affordable college, renewable energy, campaign finance reform, and DACA.    [**Cathy Myers**](https://cathymyersforcongress.com/) is running against Paul Ryan.   [Donate](https://secure.actblue.com/donate/cathy-for-congress-1?refcode=website) | [Facebook](https://www.facebook.com/cathymyersforcongress/)   [Map of Wisconsin District 1](https://www.govtrack.us/congress/members/WI/1)   ^(I'm a bot and I'm learning. Let me know how I can do better. I'll add candidates who will represent working-class people instead of billionaire political donors.)"}
{"_id": "92284", "title": "", "text": "You need to do a few things to analyze your results. First, look at the timing of the deposits, and try to confirm the return you state. If it's still as high as you think, can you attribute it to one lucky stock purchase?  I have an account that's up 863% from 1998 till 2013. Am I a genius? Hardly. That account, one of many, happened to have stocks that really outperformed, Apple among them.  If you are that good, a career change may be in order. Few are that good. Joe"}
{"_id": "92290", "title": "", "text": "Earned income is earned income.  You can put your bonus in a tax-advantaged account, or not, just like you can put your salary in a tax-advantaged account, or not.  If you don't, it's taxed as ordinary income. Now, it may look like they're taking a ton out of your paycheck, but part of what may be happening is that, for that paycheck, it looks like you're making a whole lot more, so they're withholding a whole lot more based on a probably conservative formula that will make sure you (and they) don't get in trouble with the IRS for underwithholding.  So, if they're taking out too much with this paycheck, you'll get it back when you file your taxes.  Or, you can change your withholding yourself to account for this."}
{"_id": "92342", "title": "", "text": "\"&gt;Jesus you're impossibly dense.  Your quickness to repeatedly resort to *ad hominem* reveals the weakness of your points.  &gt;Then why did you write the quote below? What is the point of bringing up city workers that are not involved in the article unless you believe that the cops in the article are city workers? The only other reason would be to mislead the reader.  You were the one who implied that the politics of city residents had anything to do with control of the Port Authority in your first post in this thread.  &gt;Are you serious? NYC has 8mm of the 19mm NY state residents. This equates to almost half of the votes in statewide races, not to mention the majority of the political funding. This has a large bearing on who gets elected to statewide office.  It has no bearing on control of the statewide government, because the way that the districts are gerrymandered ensure that the Assembly is always in the hands of the Democrats and the Senate is virtually always in the hands of the Republicans. The Governor's office has been evenly split over the last 20 years.  &gt;To imply that the executive director for the last 5 years should shoulder some of the blame is disingenuous? Who is to blame then? The last executive director, Anthony Shorris was also appointed by a democrat. You're going to have to do a lot of lying and reaching to falsely blame this on a republican. You've clearly made up your mind without knowing any of the facts, and are too stubborn to learn from reality. Pretty sad. You also seem to have a very high standard for other people's posts while you outright lie in yours.  Again, *ad hominem*. But I'll ignore that for now, because you also resort to a straw man. I never \"\"blamed this on Republicans\"\" or suggested that the director of the last 5 years doesn't share some of the blame. I merely refuted your ridiculous assertion that the political leanings of the city's residents were what was responsible here. By design, the city residents have little control over the Port Authority.   *EDITED for spelling and formatting.\""}
{"_id": "92353", "title": "", "text": "Patrick Byrne (CEO of Overstock.com) ran a somewhat interesting website awhile back called 'Deep Capture' which focused heavily on naked short selling and bear raids. He was called all sorts of names and many 'serious' journalist types brushed his allegations off.   His basic argument was that a cabal of hedge funds would simultaneously naked short a specific equity and then a coordinated group of journalists and message board jockeys would disparage the company as loudly and publicly as possible, driving the price down. Naked shorting is supposed to be illegal since you can hold the types of positions like in the linked article about Citigroup where the number of shares sold short actually exceeds the number of shares in existence.  The group he named was essentially a who's who of hedge funds and fraudsters and included many names of prominent politically active 'reformed' criminals from the S&amp;L days on Wall St. I can't remember how the cards fell, but the scheme allegedly involved Michael Milliken, Sam Antar (from Crazy Eddie's Fraud), Gary Weiss, Jim Cramer, etc etc.   It was a fascinating story.   Byrne actually followed through with several lawsuits (one of which was settled after a Rocker Partners paid Byrne $5 million dollars to settle).   The 'Deep Capture' site is down, but I [found a decent article](http://www.theregister.co.uk/2008/10/01/wikipedia_and_naked_shorting/print.html) that sums up some of the shenanigans, including a journalist sock-puppeting to edit Wikipedia, repeatedly denying it, being IP-traced to inside the DTCC building (the Wall St. entity responsible for clearing trades, including naked shorts)."}
{"_id": "92370", "title": "", "text": "\"The only way to know the specific explanation in your situation is to ask your employer. Different companies do it differently, and they will have their reasons for that difference. I've asked \"\"But why is it that way?\"\" enough times to feel confident in telling you it's rarely an arbitrary decision.  In the case of your employer's policy, I can think of a number of reasons why they would limit match earnings per paycheck: Vesting, in a sense - Much as stock options have vesting requirements where you have to work for a certain amount of time to receive the options, this policy works as a sort of vesting mechanism for your employer matching funds. Without it, you could rapidly accumulate your full annual match amount in a few pay periods at the beginning of the year, and then immediately leave for employment elsewhere. You gain 100% of the annual match for only 1-2 months of work, while the employees who remain there all year work 12 months to gain the same 100%. Dollar Cost Averaging - By purchasing the same investment vehicle at different prices over time, you can reduce the impact of volatility on your earnings. For the same reason that 401k plans usually restrict you to a limited selection of mutual funds - namely, the implicit assumption is that you probably have little to no clue about investing - they also do other strategic things to encourage employees to invest (at least somewhat) wisely. By spacing their matching fund out over time, they encourage you to space your contributions over time, and they thereby indirectly force you to practice a sensible strategy of dollar cost averaging. Dollar Cost Averaging, seen from another angle - Mutual funds are the 18-wheeler trucks of the investment super-highway. They carry a lot of cargo, but they are difficult to start, stop, or steer quickly. For the same reasons that DCA is smart for you, it's also smart for a fund. The money is easier to manage and invest according to the goals of the fund if the investments trickle in over time and there are no sudden radical changes. Imagine if every employer that does matching allowed the full maximum match to be earned on the first paycheck of the year - the mutual funds in 401ks would get big balloons of money in January followed by a drastically lower investment for the rest of the year. And that would create volatility. Plan Administration Fees - Your employer has to pay the company managing the 401k for their services. It is likely that their agreement with the management company requires them to pay on a monthly basis, so it potentially makes things convenient for the accounting people on both ends if there's a steady monthly flow of money in and out. (Whether this point is at all relevant is very much dependent on how your company's agreement is structured, and how well the folks handling payroll and accounting understand it.) The Bottom Line - Your employer (let us hope) makes profits. And they pay expenses. And companies, for a variety of financial reasons, prefer to spread their profits and expenses as evenly over the year as they can. There are a lot of ways they achieve this - for example, a seasonal business might offer an annual payment plan to spread their seasonal revenue over the year. Likewise, the matching funds they are paying to you the employees are coming out of their bottom line. And the company would rather not have the majority of those funds being disbursed in a single quarter. They want a nice, even distribution. So once again it behooves them to create a 401k system that supports that objective. To Sum Up Ultimately, those 401k matching funds are a carrot. And that carrot manipulates you the employee into behaving in a way that is good for your employer, good for your investment management company, and good for your own investment success. Unless you are one of the rare birds who can outperform a dollar-cost-averaged investment in a low-cost index fund, there's very little to chafe at about this arrangement. If you are that rare bird, then your investment earning power likely outstrips the value of your annual matching monies significantly, in which case it isn't even worth thinking about.\""}
{"_id": "92377", "title": "", "text": "I'm not sure I'd say the assets they had were worthless. One of the big controversies was whether it was a solvency crisis (bad assets) or a liquidity crisis (fine assets, but if everyone sells illiquid assets there's a fire sale problem).   The US and Buffett bet it was a liquidity crisis, and they were proven right."}
{"_id": "92385", "title": "", "text": "&gt;Oh, but when you look at PayPal and VISA/MasterCard, there's like one. Or two.  Yeah, no. I work in credit card processing, PayPal isn't even the largest, let alone the only processing company, nor is it the only way (or even the safest or best way) to make online purchases.   And Visa/Mastercard don't control the issuing of cards to individuals, banks do. Every credit card is issued by a bank.  &gt;Denying legal use of money in a de facto monopoly is to me not morally better than denying legal use of money in a public utility monopoly.  No one is denying legal use of money and PayPal is nowhere close to having a monopoly."}
{"_id": "92390", "title": "", "text": "There are statutes of limitations on how long they can wait before coming after you.  14 years certainly exceeds it, which I believe means you are not legally required to pay. statutes of limitations by state The most likely scenario is that this is a scam.  Second most likely is that this is a collections agency trying to trick you into paying even though they don't have legal authority to force you.  In that case if you do pay them anything, then the statute of limitations restarts and they can legally start giving you trouble, so definitely don't do that. If they keep harassing you, you can probably take legal action against them.  That's the worst case scenario, though.  I'd just ignore them. At this point, if they are legally entitled to any money, which I highly doubt, they will need to take you to court.  They are not going to do that over $1000. Blocking their number might be a reasonable idea. I would doubt whether they can even do anything to your credit rating over this issue.  If you are worried about your credit, you can check your oustanding debts and negative incidents at www.annualcreditreport.com and see if you see anything.  I would be surprised. Edit: You might read up about time-barred debts (assuming it's not a scam.  I still think it is). FTC page on time-barred debt"}
{"_id": "92397", "title": "", "text": "Having both purchased income properties and converted prior residences into rental properties I have found that it is difficult to get the banks to consider the potential rental income in qualifying you for a loan.  It helps if you have prior rental experience but in many cases you will have to qualify outright (i.e. without consideration of the potential income).  The early 2000s were great for responsible borrows/investors but today's regulations make it much more difficult to finance income property."}
{"_id": "92398", "title": "", "text": "\"Pure nothingness.   Google says \"\"We see ourselves as an urban innovation platform, \"\"  \"\"make use of dynamic signage, flexible street furniture and guidance from smartphone apps \u2026 to create better pedestrian flow.\"\"  This is all hype nothingness imo.\""}
{"_id": "92403", "title": "", "text": "You want to buy a house for $150,000.  It may be possible to do this with $10,000 and a 3.5% downpayment, but it would be a lot better to have $40,000 and make a 20% downpayment.  That would give you a cushion in case house prices fall, and there are often advantages to a 20% downpayment (lower rate; less mandatory insurance).   You have an income of $35,000 and expenses of $23,000 (if you are careful with the money--what if you aren't?).  You should have savings of either $17,500 or $11,500 in case of emergencies.  Perhaps you simply weren't mentioning that.  Note that you also need at least $137 * 26 = $3562 more to cover mortgage payments, so $15,062 by the expenses standard.  This is in addition to the $40,000 for downpayment and closing costs.   What do you plan to do if there is a problem with the new house, e.g. you need a new roof?  Or smaller expenses like a new furnace or appliance?  A plumbing problem?  Damages from a storm?  What if the tenants' teenage child has a party and trashes the place?  What if your tenants stop paying rent but refuse to move out, trashing the place while being evicted?  Your emergency savings need to be able to cover those situations.   You checked comps (comparable properties).  Great!  But notice that you are looking at a one bathroom property for $150,000 and comparing to $180,000 houses.  Consider that you may not get the $235 for that house, which is cheaper.  Perhaps the rent for that house will only be $195 or less, because one bathroom doesn't really support three bedrooms of people.   While real estate can be part of a portfolio, balance would suggest that much more of your portfolio be in things like stocks and bonds.  What are you doing for retirement?  Are you maxing out any tax-advantaged options that you have available?  It might be better to do that before entering the real estate market.   I am a 23 year old Australian man with a degree in computer science and a steady job from home working as a web developer. I'm a bit unclear on this.  What makes the job steady?  Is it employment with a large company?  Are you self-employed with what has been a steady flow of customers?  Regardless of which it is, consider the possibility of a recession.  The company can lay you off (presumably you are at the bottom of the seniority).  The new customers may be reluctant to start new projects while their cash flow is restrained.  And your tenants may move out.  At the same time.  What will you do then?   A mortgage is an obligation.  You have to pay it regardless.  While currently flush, are you the kind of flush that can weather a major setback?  I would feel a lot better about an investment like this if you had $600,000 in savings and were using this as a complementary investment to broaden your portfolio.  Even if you had $60,000 in savings and would still have substantial savings after the purchase.  This feels more like you are trying to maximize your purchase.  Money burning a hole in your pocket and trying to escape.   It would be a lot safer to stick to securities.  The worst that happens there is that you lose your investment (and it's more likely that the value will be reduced but recover).  With mortgages, you can lose your entire investment and then some.  Yes, the price may recover, but it may do so after the bank forecloses on the mortgage."}
{"_id": "92406", "title": "", "text": "Property in general tends to go up in value.  That's one advantage you won't get if you rent."}
{"_id": "92407", "title": "", "text": "At this particular time, I would strongly suggest holding on and not bailing.  I've been following this sector pretty closely for 10+ years now.  It has taken an absolute beating since 2011 (up to 90% down in many areas), and has been in a slow downward grind all year.  Given the cyclical nature of the markets, you're far far closer to a long term bottom, and have a much better risk/reward outlook now vs say, four, or even two years ago.  Personally, I'm planning on jumping into the sector heavily as soon as I see signs of a wash-out, desperation low, where people like yourself start selling in panic and frustration.  I may very likely start cost-averaging into it even now, although I personally feel we may get one more major bottom around the spring 2016 time-frame, coupled with a general market deflation scare, which might surprise many by its severity.  But at the same time, the sector might turn up from here and not look back, since I think many share my view and are just patiently waiting, and with so many buyers waiting in support, it may never crash hard.   In any case, I personally feel that we're approaching the cheap buying opportunity of a lifetime in this sector within the next year (precious metals miners that is, base metals may still falter if the economy is still iffy, and just look at the baltic dry index as an indicator of world trade and productivity... not looking so hot).  If you've suffered this long already, and it is just a small portfolio portion, just keep hanging in there.  And by next summer, if we get a confirmed panic low, and a subsequent strong, high-volume, consistent bounce pattern up past summer 2015 levels, then I'd start adding even more on dips and enjoy the ride."}
{"_id": "92419", "title": "", "text": "Lifestyle Credit Solutions, LLC is a credit repair business that provide the consulting and legal signing services in the USA. We provide educational tools to assist our clients on how to improve, how to monitor and maintain credit score in the future. Call us at 757-350-3467 for free consultation!"}
{"_id": "92430", "title": "", "text": "\"First, are you sure that no interest accrues on the student loans until six months after you finish your studies? My understanding is that you have to start paying back the student loans six months after leaving the university, but that doesn't mean no interest accrues in the meantime. My concern about student loans is that life happens and when it happens in an unexpected way, the powers of the student loan companies exceed pretty much everybody else's with the possible exception of the IRS. If you are in a position to be able to pay cash for the tuition then I would cut back the \"\"lifestyle\"\", scrimp as much as I can and pay cash. You'll be in a much better position afterwards - for starters, you won't have a student loan payment which means you're in a much better position financially than most of your peers and have a lot more options open. Plus, you're not carrying around a mortgage before you even bought a house.\""}
{"_id": "92441", "title": "", "text": "I do at all from home right now. Im just some kid in college, I manage my parents money (successfully, so far) and the goal is to grow that into enough money that I don't need to work for the industry at all. So far I'm on track. I like to stay optimistic but I'm also realistic. I study deep learning and Ai on the side (since it is generally a Phd level topic, sadly). My majors are Mathematics(stats) and Computational Math Science. IDK, I just do what I love - hopefully it pays off."}
{"_id": "92442", "title": "", "text": "Is there any benefit to investing in a Roth 401(k) plan, as opposed to a Roth IRA?  They have separate contribution limits, so how much you contribute to one does not change the amount you can contribute to the other.  Which is relevant to your question because you said  the earnings on that account compounded over the next 40 years growing tax-free will be much higher than what I'd save on current taxes on a traditional 401(k).   This is only true if you max out your contribution limits.  If you start with the same amount of money and have the same marginal tax rate in both years, it doesn't matter which one you pick.   Start with $10,000 to invest.  With the traditional, you can invest all $10,000.  With the Roth, you pay taxes on it and then invest it.  Let's assume a tax rate of 25%.  So invest $7500.   Let's assume that you invest either amount long enough to double four times (forty years at 7% return after inflation is about right).  So the traditional has $160,000 and the Roth has $120,000.   Now you withdraw them.  For simplicity's sake, we'll pretend it's all one year.  It's probably over several years, but the math is easier in a single year.  With the Roth, you have $120,000.  With the traditional, you have to pay tax.  Again, let's assume 25%.  So that's $40,000, leaving you with $120,000 from the traditional.  That is the same amount as the Roth!   So it would make sense to  If you can max out both, great.  You do that for forty years and your retirement will be as financially secure as you can make it.  If you can't max them out, the most important thing is the employer match.  That's free money.  Then you may prefer your Roth IRA to the 401k.   Note that you can also roll over your Roth 401k to a Roth IRA.  Then you can withdraw your contributions from the Roth IRA without penalty or additional tax.  Alternate source.   Beyond answering your question, I would still like to reiterate that Roth or traditional does not have a big effect on your investment unless you max them out or you have different tax rates now versus in retirement.  It may change other things.  For example, you can roll over a Roth 401k to a Roth IRA without paying taxes.  And the Roth IRA will act like it was contributed directly.  You have to check with your employer what their rollover rules are.  They may allow it any time or only at employment separation (when you leave the job).   If you do max out your Roth accounts, then they will perform better than the traditional accounts at the same nominal contribution.  This is because they are tax free while your returns in the other accounts will have to pay taxes. But it doesn't matter until you hit the limits.  Until then, you could just invest the tax savings of the traditional as well as the money you could invest in a Roth."}
{"_id": "92462", "title": "", "text": "Are there banks where you can open a bank account without being a citizen of that country without having to visit the bank in person? I've done it the other way around, opened a bank account in the UK so I have a way to store GBP.  Given that Britain is still in the EU you can basically open an account anywhere.  German online banks for instance allow you to administrate anything online, should there be cards issued you would need an address in the country.  And for opening an account a passport is sufficient, you can identify yourself in a video chat.  Now what's the downside?  French banks' online services are in French, German banks' services are in German.  If that doesn't put you off, I would name such banks in the comments if asked. Are there any online services for investing money that aren't tied to any particular country? Can you clarify that?  You should at least be able to buy into any European or American stock through your broker.  That should give you an ease of mind being FCA-regulated.  However, those are usually GDRs (global depository receipts) and denominated in GBp (pence) so you'd be visually exposed to currency rates, by which I mean that if the stock goes up 1% but the GBP goes up 1% in the same period then your GDR would show a 0% profit on that day; also, and more annoyingly, dividends are distributed in the foreign currency, then exchanged by the issuer of the GDR on that day and booked into your account, so if you want to be in full control of the cashflows you should get a trading account denominated in the currency (and maybe situated in the country) you're planning to invest in. If you're really serious about it, some brokers/banks offer multi-currency trading accounts (again I will name them if asked) where you can trade a wide range of instruments natively (i.e. on the primary exchanges) and you get to manage everything in one interface.  Those accounts typically include access to the foreign exchange markets so you can move cash between your accounts freely (well for a surcharge).  Also, typically each subaccount is issued its own IBAN."}
{"_id": "92463", "title": "", "text": "\"Contact your bank immediately, if you haven't done so already.  They will almost certainly have some sort of \"\"fraud hotline\"\" which can take appropriate action.\""}
{"_id": "92474", "title": "", "text": "Anyone can study their ass off and pass an exam. To actually apply that knowledge is a different story entirely, and will determine just how far you can make it in whatever you do.      Besides, a Series 7, while extensive, only scratches the surface on all topics as a whole. None of it goes too far in depth, and the application of it all really depends on the job you're in."}
{"_id": "92501", "title": "", "text": "because thats not how insurance works. Yes, they make a profit, but the only reason any single person can get a policy is because there is a pool of people large enough to spread the risk. That means there needs to be healthy people too. The bigger the pool, the lower the cost. If you're still pissy at that point that it's expensive it's not the insurance company at that point, its the actual costs of medical care that are expensive and require a policy as expensive as it is to cover those costs."}
{"_id": "92504", "title": "", "text": "\"Buying a house is often more emotional than financial. Which makes that kind of advice tough to offer. Staying with the finance side - You wrote \"\"2 bedrooms is enough for me.\"\" Is it enough for your girlfriend/fiancee? Is she on the same schedule for kids as you are? 2 bedrooms means that with just one child you are less able to host a guest and the second child will need to share the bedroom. Nothing wrong with that, just making sure you are aware of these things. If the long term plan is to move to a new house, a ten year horizon for the second house sounds good to me.  I'll make one brief comment on rent vs buy - it's easy to buy too big and discover you are paying for rooms you don't use. I have a house I'll be glad to get rid of when our daughter goes off to college. A dining room and formal living room go unused save for 3 or 4 days a year. It already sounds like you'll avoid this mistake.  Your question - the right time - when you are ready, with the downpayment, income, and desire to do so. You should at least have a feeling you plan to stay there for a time, else the cost of buying/selling would exceed any potential gain.\""}
{"_id": "92516", "title": "", "text": "First, you need to understand that not  every investor's goals are the same. Some investors are investing for income. They want to invest in a profitable company and use the profit from the company as income. If that investor invests only in stocks that do not pay a dividend, the only way he can realize income is to sell his investment. But he can invest in companies that pay a regular dividend and use that income while keeping his investment intact.  Imagine this: Let's say I own a profitable company, and I offer to sell you part ownership in that company. However, I tell you this upfront: no matter how much profit our company makes, you will never get a penny from me. You will be getting a stock certificate - a piece of paper - and that's it. You can watch the company grow, and you can tell yourself you own it, but the only way you will personally benefit from your investment would be to sell your piece to someone else, who would also never see a penny in profit. Does that sound like a good investment? The fact of the matter is, stocks in companies that do not distribute dividends do have value, but this value is largely based on the potential of profits/dividends at some point in the future. If a company vows never ever to pay dividends, why would anyone invest?  An investment would be more of a donation (like Kickstarter) at that point.  A company that pays dividends is possibly past their growth stage. That doesn't necessarily mean that they have stopped growing altogether, but remember that an expansion project for any company does not automatically yield a good result. If a company does not have a good opportunity currently for a growth project, I as an investor would rather get a dividend than have the company blow all the profit on a ill-fated gamble."}
{"_id": "92522", "title": "", "text": "Saneh Cool Care, since its beginning, is known for rendering deliberately executed support and repair administrations for business and mechanical ventilates. Window ventilation system, split AC, and tower AC, are diverse sorts of aeration and cooling systems for that we render upkeep and repair administrations at practical costs."}
{"_id": "92528", "title": "", "text": "You'd have to pay a paralegal the first time, but perhaps the second time you wouldn't need to - because you're familiar with the process?  And you could of course, include the cost of seeking a legal remedy to a breech of contract to yours, that you make them sign."}
{"_id": "92532", "title": "", "text": "\"I considered the \"\"Prepaid Legal\"\", but instead tried the LegalZoom business legal plan, and found it to be very good. It doesn't have any \"\"Membership\"\" or \"\"New account\"\" fees, you pay each month for the month, and if you prepay for half a year or a year - they throw in a nice discount (15%). So far I'm subscribed for less than a month, and had 2 attorney consultations and a document review. Although they didn't tell me anything I didn't know already, seems to be very cost-effective considering most people don't have sufficient legal knowledge or the ability to research. It is, as @duffbeer703 mentioned, not an insurance, and if a legal matter arises that requires representation, their plan has almost no coverage, only discounts (as opposed to \"\"Prepaid legal\"\" plan that on the paper does have some representation). But to have 2-3 attorney consultations for $30 is definitely a bargain.\""}
{"_id": "92537", "title": "", "text": "Full Height Swing Door Metal Cabinet suitable for office use is offered at S$219.00 inclusive of delivery and prevailing GST. Other metal cabinets offered includes 4 drawers filing cabinet at S$189.00 Nett, Metal Mobile Pedestal at S$149.00 Nett. Please call +65 62933113 or email: sales@lizo.com.sg for more details."}
{"_id": "92549", "title": "", "text": "It is absolutely worth it.  My wife and I have two of these accounts (different banks).  We are required to use our cards 20 times for one bank, and 15 for the other.  We have yet to miss the required transactions in a month (over 15 months of use now), and are actually considering getting a third account.  Between the two of us, we simply have to use our card on average once a day. Getting gas? Use your debit card. Getting stamps? Use your debit card? Self checkout? Use your debit card twice. Eating out? Use your debit card. If married, split the bill. As soon as we reach the minimum, we stop using the debit cards and switch to credit cards to further boost the rewards.  Maybe it's easier for us since we don't have kids and are out a lot, but 12 transactions is really simple to obtain.  We receive ~$100 a month from our two accounts, all for doing something we already do."}
{"_id": "92561", "title": "", "text": "Two possibilities:"}
{"_id": "92582", "title": "", "text": "\"I have been in a very similar place like that before (as an intern) and got the hell out quickly.  Let me try to paint a picture.  On the 12th floor of a random NYC midtown building there will be a large office floor with long desks in several rows.  Around the outside against the windows will be maybe some empty conference rooms, random senior people you won't be allowed to talk to, and a poor, miserable compliance guy stuck in a backoffice somewhere.  Each desk will have a phone and a call sheet.  There wont be many computers anywhere - maybe one Bloomberg machine in the back.  Every single person in there is on the phone.  In fact, that will be your job.  Starting at 7:45 sharp, you will be at your desk.  At 8 oclock, you will start dialing the call sheet put on your desk.  If it is a bunch of residences, you will get angry house wives because their husbands are at work (dont \"\"pitch the bitch\"\"). Next call, you will get someone that passed away 2 years ago - mark your sheet \"\"dead\"\" and cross out as you are dialing the next number.  If you manage to get someone that answers their own phone at work and listens to a pitch, you will now get the opportunity to give a grandiose pitch on why a mid market, dividend paying stock is fantastic and should be bought now.  \"\"Now\"\" as in you have to open a brokerage account on the first call for no less than a $5k trade.  You will pitch them on why they dont need to ask their wife, why you will bring them great ideas.  Ask them what is their net worth - have they ever hired a broker over the phone (qualify them) or get hung up on.  Anything short of them threatening to call the SEC and cursing you before hanging up means you will be sure to call them again (a prospect actually picking up the phone is about a 1 in 20 dial event)  People just slamming the phones on you? - Call them back for fun because you \"\"got disconnected\"\".    If you ever manage to get a client, you will be charging them enormous percentages and fees to do simple trades. But dont worry, you probably wont get a client in the first 2 months, and even if you manage to get clients it will be maybe one or two a month.  Think about the sheer volume of calls you have to make - 300 - 400 calls a day is probably a normal pace.   You will meet the most insane people.  People will go down for lunch or coffee and never return to the office.  Most of the people there you wonder how they ever passed a series 7.  There are people that fail the 7 3 times and quit.  There will be a guy that opens 10 accounts a month and actually will be talking with two phones up to his ears at once.          This is the definition of a high pressure sales job.\""}
{"_id": "92586", "title": "", "text": "I, for one, am very surprised that Tesla doesn't have a warranty exception for high mileage commercial use.  Tesloop's cars rack up over 75000 miles per year at the low end.  Sure, the data collected is valuable for product durability testing and Autopilot mapping right now, but there has to be a limit somewhere."}
{"_id": "92593", "title": "", "text": "Edgar Online is the SEC's reporting repository where public companies post their forms, these forms contain financial data Stock screeners allow you to compare many companies based on many financial metrics. Many sites have them, Google Finance has one with a decent amount of utility"}
{"_id": "92594", "title": "", "text": "Just moved to a new apartment. Lots of home good stuff on sale. Didn't really get anything that would make the heart sing, but I saved on some new dish towels and under shirts. That's good enough for me."}
{"_id": "92616", "title": "", "text": "Here is a quick and dirty explanation of options. In a nutshell, you pay a certain amount to buy a contract that gives you the right, but not the obligation, to buy or sell a stock at a predetermined price at some date in the future. They come in a few flavors:  I'll give you $100 if you let me buy 10,000 shares of XYZ for $10 more   per share than it is trading at today any time before   August 10th. I'll give you $100 if you promise to buy 10,000 shares of XYZ from me   for $10 less per share than it is trading at today if I ask before August 10th. There are also two main types based on the expiration behavior:  There are lots of strategies that employ options, too many to go into.  Two key uses are.. Leverage: Buying Call options can give you a much higher return on your investment than just investing in the actual stock. However, with much higher risk of losing all of your investment instead of just some of it when the stock drops. Hedging: If you already own the underlying stock, put options can be used to buy down risk of serious drops in a holding."}
{"_id": "92649", "title": "", "text": "\"The balance sheet for a bank is the list of assets and liabilities that the bank directly is responsible for.  This would be things like loans the bank issues and accounts with the bank. Banks can make both \"\"balance sheet\"\" loans, meaning a loan that says on the balance sheet - one the bank gains the profits from but holds the risks for also.  They can also make \"\"off balance sheet\"\" loans, meaning they securitize the loan (sell it off, such as the mortgage backed securities). Most major banks, i.e. Chase, Citibank, etc., could be called \"\"balance sheet\"\" banks because at least some portion of their lending comes from their balance sheet.  Not 100% by any means, they participate in the security swaps extensively just like everyone does, but they do at least some normal, boring lending just as you would explain a bank to a five year old.  Bank takes in deposits from account holders, loans that money out to people who want to buy homes or start businesses. However, some (particularly smaller) firms don't work this way - they don't take responsibility for the money or the loans.  They instead \"\"manage assets\"\" or some similar term. I think of it like the difference between Wal-Mart and a consignment store.  Wal-Mart buys things from its distributors, and sells them, taking the risk (of the item not selling) and the reward (of the profit from selling) to itself.  On the other hand, a consignment store takes on neither: it takes a flat fee to host your items in its store, but takes no risk (you own the items) nor the majority of the profit. In this case, Mischler Financial Group is not a bank per se - they don't have accounts; they manage funds, instead.  Note the following statement on their Services page for example: Mischler Financial Group holds no risk positions and no unwanted inventory of securities, which preserves the integrity of our capital and assures our clients that we will be able to obtain bids and offers for them regardless of adverse market conditions. They're not taking your money and then making their own investments; they're advising you how to invest your money, or they're helping do it for you, but it's your money going out and your risk (and reward).\""}
{"_id": "92650", "title": "", "text": "**Here's a sneak peek of /r/greed using the [top posts](https://np.reddit.com/r/greed/top/?sort=top&amp;t=year) of the year!**  \\#1: [Donald Trump set to completely scrap US consumer protection agency, says man expected to lead it - Former Texan Congressman says his Republican colleagues want the Consumer Financial Protection Bureau to be completely dismantled \u2022 r/CornbreadLiberals](https://np.reddit.com/r/CornbreadLiberals/comments/5zix4u/donald_trump_set_to_completely_scrap_us_consumer/) | [2 comments](https://np.reddit.com/r/greed/comments/5zixub/donald_trump_set_to_completely_scrap_us_consumer/)   \\#2: [GOP lawmakers snap up surging health insurance stocks as they gut Obamacare](https://boingboing.net/2017/07/08/the-stock-act.html) | [0 comments](https://np.reddit.com/r/greed/comments/6m8t10/gop_lawmakers_snap_up_surging_health_insurance/)   \\#3: [Wells Fargo fired 5,300 workers for illegal sales push. Executive in charge retiring with $125 million.](https://www.washingtonpost.com/news/wonk/wp/2016/09/13/wells-fargo-fired-5300-workers-for-illegal-sales-push-executive-in-charge-retiring-with-125-million/) | [4 comments](https://np.reddit.com/r/greed/comments/52kbr8/wells_fargo_fired_5300_workers_for_illegal_sales/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "92653", "title": "", "text": "Nice work saving. If you do find yourself in a relationship or with children, you'll be glad you saved now; family members increase the expenses ;-) Some observations large and small, no conclusions, I bet it would be awesome to do the world travel and the startup, and get a ton out of those. The money you've saved gives you the freedom to do all that great stuff that matters."}
{"_id": "92659", "title": "", "text": "From MyFICO: A foreclosure remains on your credit report for 7 years, but its impact to your FICO\u00ae score will lessen over time. While a foreclosure is considered a very negative event by your FICO score, it's a common misconception that it will ruin your score for a very long time. In fact, if you keep all of your other credit obligations in good standing, your FICO score can begin to rebound in as little as 2 years. The important thing to keep in mind is that a foreclosure is a single negative item, and if you keep this item isolated, it will be much less damaging to your FICO score than if you had a foreclosure in addition to defaulting on other credit obligations. (personal note - I tip my hat to you, sir. Regardless of party, we owe our Vets a debt of gratitude. If I had my way, a VA loan would ignore the past short sale. I wish you well. And thank you for serving)"}
{"_id": "92670", "title": "", "text": "I am close to retirement and sell cash secured puts and covered calls on a regular basis.  I make 15 % plus per year from the puts.  Less risky than buying stocks, which I also do.  Riskier than bonds, but several times the income. Example:  I owned 4,000 shares of XYZ, which I bought last year at 6.50 and was at 7.70 two months ago.  I sold 3,000 shares, sold 10 Dec puts @ 7.50 (1,000 shares) for $.90 per share and sold 10 Dec calls at 10.00 for $.20.  Now I had cash from the sale of 3,000 shares ($23,100) plus $900 cash from the sale of the puts, plus $200 cash from the sale of the calls.  Price is now at 6.25.  Had I held the 4,000 shares, I would be down $5,800 from when it was 7.70. Instead, I am down $1,450 from the held 1,000 shares, down $550 on the put and up $200 on the calls.  So down $1,800 instead of down $5,800.  I began buying XYZ back at 6.25 today."}
{"_id": "92695", "title": "", "text": "Yes there will be enough liquidity to sell your position barring some sort of Flash Crash anomaly. Volume generally rises on the day of expiration to increase this liquidity. Don't forget that there are many investment strategies--buying to cover a short position is closing out a trade similar to your case."}
{"_id": "92703", "title": "", "text": "I like Home Depot's exclusive products.  Amazon doesn't have them and if they do, they're a huge mark up.  I guess it's your choice to overpay by hundreds of dollars because one time a support rep stroked your ego."}
{"_id": "92704", "title": "", "text": "Normally, except this is 160 characters or less. Twitter is basically free public SMS, not that dissimilar to WhatsApp. Except WhatsApp has an annual fee, and twitter is free. And twitter makes money... How? See, Facebook is a huge platform that wants to know everything about everyone which is extremely valuable to marketers. I can't tick a button on Facebook, or like a post, without it affecting the ads. But twitter? No ads. No marketing information... Hence as a business, the concept is fantastic but revenue poor. If I was them, I most likely would have accepted the $500 million dollar offer from Facebook, as they have the Information and the money that twitter doesn't have, and probably never will."}
{"_id": "92705", "title": "", "text": "\"Actually I think the TL;DR is \"\"Don't rush to fill a position out of desperation, wait for someone who's the right fit. Hiring the wrong person quickly is way more costly than waiting.\"\"  It is a click-baity title, but I think the most glaring offense for me is actually the idea that they're glorifying someone who's personally interviewed every person at the company, which incidentally is only 70 people. For as many people out there that think this is an amazing feat of entrepreneurism - really getting in there with his hands on even the fine grained details - you can find just as many people who will think this is quaint and know it won't scale.  When he's at 500 or 1000 employees is his time really best spent doing this?  I actually think the diversity you'd get by allowing a team freedom to hire after a certain point would be more beneficial provided they have a grasp on corporate culture.\""}
{"_id": "92711", "title": "", "text": "\"Wait, are you telling me that some guy is pushing a bill that would ENHANCE transparency in business and make it harder for the \"\"job creators\"\" to get away with fraud? Well i guess we know which way the republicans are going to be voting... The conservatives will be voting against such \"\"government overreach\"\"\""}
{"_id": "92740", "title": "", "text": "\"&gt; these casual chains blame Millennials.   Generation X here.  I mentioned it in another comment, but I last went to BWW a few years ago and had a lunch \"\"special.\"\"  It wasn't so special.  I don't remember exactly what it was, but the meal was something like 90% bread.  Like a hamburger with a bun that was too big and a bunch of breadsticks.  All of it sucked.  Then it was like $15 with tax and tip.  Just a horrendously bad deal.  The buffets in town are around $10-$11 and you can actually get a bunch of protein and a salad.  Mom and pop restaurants have $6-$8 lunch specials that are pretty good and end up $5 less than BWW.  It's not a generational thing.  When you serve a shit product that costs $5 more than *better* products, you're going to lose customers.  Is it really so difficult to see that?\""}
{"_id": "92744", "title": "", "text": "There will still be jobs that require a human, we don't have the technology to develop or build anything close to the human brain and body.    &gt;or will there be some lag time?  I think there will be some lag time which would be painful. I think technology changes way faster than a labor force can change skills.   It's why I believe that we need to continue to make investments into education, help make it more affordable and reform the education system so people can explore their potential/creativity/go at their own pace rather than teaching to the test and herding everyone along.    I believe I greatly benefited by being placed into a education program that allowed students to explore their potential. A teacher I had in elementary school thought I would be a good candidate for the program and I tested into it. The State of Oregon operates a [TAG](http://www.ode.state.or.us/search/page/?id=2321) (Talented and Gifted) program and this program helped a lot."}
{"_id": "92770", "title": "", "text": "Depends on your definition of value. Tulips don't carry much value, but their price sure was driven up. It was speculation on the future price tag that lead to the bubble. You might suggest there is actual value in bitcoin. I'd suggest that its a nonproductive asset, and that its held more dear than other identically valuable cryptos, which points to speculation."}
{"_id": "92771", "title": "", "text": "Those are valid criticisms. But Uber has revolutionised a market that was desperately needing it, and \u2013 without excusing Uber's actions \u2013 in many places the corruption around taxis makes today's Uber look clean as a whistle in comparison, while also delivering a phenomenal service to consumers.  These are also things that haven't necessarily been put in front of people, especially not until the last few months. Right now there are very few other companies doing this so well in the eyes of the consumer but I'm sure when there is more competition, ethical concerns will be more visible. At this point, with some exceptions, most Uber users literally cannot get the same level of service from anyone else even if they paid three times as much."}
{"_id": "92772", "title": "", "text": "I agree that there is a lot of filtering going on. I run filters for people's blogs and news sites I rarely read. The caveat is that I unblock sites I use frequently, and pay for YouTube Red, music streaming and Patreon to support content creators that I enjoy. This, to me, is an issue of the ad targeting not being mature enough yet. Once companies figure out that I'm responsive to ads on certain sites but will blacklist others that do the same, they can selectively serve ads on platforms I'm more likely to engage with. In the meantime the shotgun approach is what advertisers go for.   The future is really in honing how and when these ads are delivered, as well as offering more widespread alternatives to ads, such as subscription services.  For what its worth, I also run noscript. I've had ISPs in the past that had data caps, and given how much data I already use via streaming and Steam, I need every spare Mb I can get."}
{"_id": "92783", "title": "", "text": "\"&gt; Except that I check my balance 3 times a day and keep track not only where I'm at but also where i should be. I like numbers.   Q.E.D.  You're not \"\"balancing\"\" anything... hell, if you're \"\"checking your balance\"\" online 3x a day, you're not even \"\"remembering\"\" what you spent.\""}
{"_id": "92786", "title": "", "text": "Silvrback is a nonconformist blogging platform for people who want something different for their blogging needs. If you want a platform that will let you do things the way you want without many distractions then Silvrback is for you. It is best platform for programmers as well for others too. Enjoy the features that are not too hard to understand and they do not distract you from your main goal."}
{"_id": "92794", "title": "", "text": "Sure there is expense, however anyone who raises their kids even with the hint of frugality will never come close to their base numbers.    My wife and I both worked before three having kids and at least for us the outgoing costs pretty much the same as the money spent without kids.  How, you say?  Because you budget on what you make.  What changes when you have kids is your lifestyle and how you spend your money.  Bar tab = diapers, weekend getaways = 1 big disney vaction,  convertible = minivan, etc.    There is an opportunity cost, but according to these folks they seem to be assuming you are spending money you are normally saving on kids, when in truth you would have more than likely spent it on yourself."}
{"_id": "92795", "title": "", "text": "Inugo isn\u2019t just good news for motorists. Public and private carpark owners can also benefit by becoming an Inugo Operator and make use of the unique cloud software, the \u2018Operator Portal\u2019, that allows carpark owners to manage their own parking sites 24/7. For the first time, carpark owners can easily configure their own parking sites, receive real-time analytics and monitoring."}
{"_id": "92798", "title": "", "text": "Convert the money into United States Dollars,  put it in an NRE account in India and get 5% per annum for the USD."}
{"_id": "92819", "title": "", "text": "I was only able to find Maryland form 1 to fit your question, so I'll assume you're referring to this form. Note the requirement: Generally all tangible personal property owned, leased, consigned or   used by the business and located within the State of Maryland on   January 1, 201 must be reported. Software license (whether time limited or not, i.e.: what you consider as rental vs purchase) is not tangible property, same goes to the license for the course materials. Note, with digital media - you don't own the content, you merely paid for the license to use it. Design books may be reportable as personal tangible property, and from your list that's the only thing I think should be reported. However, having never stepped a foot in Maryland and having never seen (or even heard of) this ridiculous form before, I'd suggest you verify my humble opinion with a tax adviser (EA/CPA) licensed in the State of Maryland to confirm my understanding of this form."}
{"_id": "92826", "title": "", "text": "What were her/his career aspirations when he was your age? Who were his/her mentors/sponsors and how did they impact his success?  What industry changes does he/she anticipate in the next five years?  In what ways will technology alter the industry?"}
{"_id": "92838", "title": "", "text": "\"Did you even read the article?  These were people who went into the store and did this in person.  there are no \"\"orders\"\" to cancel.  As for invalidating the cards, again, the article stated that many people took the Target gift cards and used them to buy Amex and Visa gift cards.    tl;dr **RTFA**\""}
{"_id": "92839", "title": "", "text": "I guarantee you that this won't put a kabosh on the problem for all of retail. I work in a specialty cheese shop located inside a grocery store. For most cheeses, we tag pieces that are cut off of a wheel for 30 days. This is not a use-by date, in any way. This is simply a good estimate for how long it will *look* fresh. The actual use by date varies by cheese, and is typically several *weeks* later then the date you'll see on the label (longest being about a month). Fact is that most customers just don't buy product that doesn't look damn perfect, and a piece of cheese simply looks worse after 30 days of sitting under display lights (bleaching) and being handled every day. For packaged Nestle shit this will work fine, but for fresh cut or specialty items? Nah. Y'all just won't buy it."}
{"_id": "92851", "title": "", "text": "At least with US tax law where you only pay taxes at the higher rate for the income above the minimum for that tax bracket, you will always wind up ahead taking the raise if you are simply concerned with after tax (FICA) income.  For example, assume you were making $8,350 (the top end of the 10% bracket in the US), and got a $100 raise, you would be taxed roughly as follows: After Tax Income Before Raise: $8,350 x (100% - 10%) After Tax Income After Raise: $8,350 x (100%-10%) +  $100 x (100%-15%) You can easily see that the second number is always higher than the first as long as the raise is a positive amount (obviously)."}
{"_id": "92856", "title": "", "text": "I don't see why people always boast about fox having higher ratings while griping that they're the only one of the big national cable names that's friendly to the Republicans and hard on Democrats.  Shouldn't it be a given that they'll have higher ratings in that situation? They pander to their base while the other stations have to split one between them."}
{"_id": "92861", "title": "", "text": "Step back and take a deep breath. Pay your mortgage. repeat 1 and 2 monthly until equity > mortgage."}
{"_id": "92888", "title": "", "text": "The advice above is generally good, but the one catch I haven't seen addressed is which specific laws apply.  You said that you are in Arkansas, but the dealer is in Texas.  This means that the laws of at least two different states are in play, possibly three if the contract contains a clause stating that disputes will be handled in a certain jurisdiction, and you are going to have to do some research to figure out what actually applies.   One thing that may significantly impact this issue is whether you were in TX or AR when you signed the contracts.  If you borrowed the money in TX, and the lender is in TX, then it is almost certain that the laws of Texas will govern.  However, if you were living in AR at the time you acquired the loan, particularly if you were in AR when you signed the papers, you have a decent case for claiming that the laws of Arkansas govern.  I don't know enough about either state to know if one is more favorable to the consumer than the other, but it is a question you really want to have answered.  That said, I would be shocked if any state did not have provisions requiring the lender to provide a copy of the terms and a detailed statement of the account and transaction history upon request.  Spend some time on the web site of the Texas attorney general and/or legislator (because that is where the lender is, they are more likely to respect Texas law) to see if you can track down any specific laws or codes that you can reference.  You might also look into the federal consumer protection laws, though I can't think of one off hand that would apply in the scenario you have described.   Then work on putting together a letter asking them to provide a copy of the contract and a full history of the account.  As others noted, make sure you send it certified/return receipt, or better yet use a private carrier such as fedex, and check the box about requiring a signature. Above all you need to get the dialog transferred to a written form.  I can not stress this point enough.  Everything you tell them or ask for from here out needs to be done in a written format.  If they call you about anything, tell them you want to see their issue/offer in writing before you will consider it. You do not necessarily need a lawyer to do any of this, but you do need to know the applicable laws.  Do the research to know what your legal standing is.  Involve a lawyer if you feel you need to, but I have successfully battled several large utility companies and collection agencies into behaving without needing one."}
{"_id": "92894", "title": "", "text": "Well to start with I would make sure that the interest total you are collecting each month is greater than the interest total you are paying each month on your credit card debt.  So if you have $200 a month in interest you pay the credit card company I would make sure that the interest you collect on the loan is more than $200 a month.  And make sure that you use some portion of the principle payment to pay down the credit card debt so that you are still even or ahead of the interest you owe the credit card company. Beyond that I would want the rate to be higher than the borrower could expect from a bank.  This will incentivize the borrower to either pay it off early or refinance the loan through a bank effectively paying it off early for you.  Anything that shifts the risk off of you and onto someone else is in your favor here. You could also implement some sort of final payment fee and reduce this fee by a certain amount (presumably up to 100%) if it is paid off early.  I would graduate that amount so there is still incentive if the buyer misses the original date but still incentive to meet the date.  If the loan was for 10 years then I would probably do around .5% per year early.   I would also get an attorney to draw up the loan paperwork to make sure that you(and potentially your heirs) are covered should you need to recover from a default, bankruptcy, or other potential problems.  I would bet the lawyer fees will save you 5x+ the amount if only in headaches.  And if you are dealing with family the lawyer makes a great fall guy to say I wish I could do that but the lawyer won't let me if the family member tries to take advantage."}
{"_id": "92901", "title": "", "text": "The only thing keeping me subscribed to cable TV is sports. I don't want to have to go to a bar to just casually watch a game (NFL, MLB, NBA, EPL) and it's awesome watching it in HD. What do you guys do for sports? Do you just subscribe to the internet packages for each?"}
{"_id": "92902", "title": "", "text": "What is tax slavery? Most impacted by higher taxes can afford to put them in off shore accounts.   This going to hurt the economy because businesses aren't going to higher more people. Trickle down economics consistently fails.  You'll have a bunch of owners saving the profits instead of giving the jobs because most of them are already operating efficiently.  Especially in a state where menial labor is the most common form.  Tax Slavery is a bullshit term to justify the rich robbing the government of their due while being able to benefit from the clout that comes with being American."}
{"_id": "92912", "title": "", "text": "&gt;It is well known that the US entered an unprecedented depression after its unprecedented borrowing during World War 2.  Yeah, just ignore ALL of the differences between the world *then* (devastated and destroyed factories &amp; cities all over Europe and Asia) and the world *now*.  Ignorance... it's what's for dinner!"}
{"_id": "92925", "title": "", "text": "It would be difficult, but it's a statistical task, and you'd need to refer to a competent statistician to really get a sense of what sort of certainty could be derived from the available data.  I believe that you'd start by looking over your state-by-state data on a granular level to try to find if there was any persistent correlation between Amazon's market penetration in a particular area and employment data from the retail industry.  With regards to Ma &amp; Pa's complaint, you're sort of wrong and sort of right.  Obviously they have no direct knowledge that online retail was responsible for the decline in sales that they saw.  In terms of sustainability and mismanagement, however, they can show you their books.  If the business had been established from some time it would be easy to see whether it had indeed been a sustainable business model in prior years.  Sustainability and mismanagement, however, are Scotsmen when it comes to reasoning about causes.  In measuring the effect of Amazon's entry into the market on local businesses, we can just as easily use a model that assumes a perfect market, that inefficiencies on the part of Ma^1 &amp; Pa^1 would lead them to be displaced by Ma^2 &amp; Pa^2, and that on average Ma^x &amp; Pa^x manage their business sufficiently well to extract an optimal return on effort.    If circumstances are such that the role of vendor is not fungible, and the supply of Mas and Pas does not respond to the demand for family stores, then I don't actually know how to do the math, but on the other hand I do recognize a smoking gun."}
{"_id": "92928", "title": "", "text": "I think you're missing the point. We all have things we are good at and we all have styles we like to do it in. Was Bach's skills nature or nurture, I think we can assume both. If he had the same nurture in a different time period where a different form of music was dominant would he have found as much success? We can't truly know, but perhaps, perhaps not. If his childhood was different, if his parents were different, would he even have been a musician or a composer? Again, perhaps, perhaps not. Luck is how our parents raised us, the teachers we get in school, the friends we make, how our peers treat us, the year we were born, the random events of our lives, and so much more.   To some degree we make our own luck, yes, but to suggest that we all are dealt the same hand to play with or that all hands are equal is lunacy."}
{"_id": "92937", "title": "", "text": "This is a fantastic post, and it reminds me a lot of [this radio show from Planet Money and This American Life](http://www.thisamericanlife.org/radio-archives/episode/423/the-invention-of-money) which anyone who's interested in learning a little more about this or needs another explanation should definitely look into."}
{"_id": "92938", "title": "", "text": "gnasher729's answer is fundamentally correct and deserves the checkmark, but I'd like to give an economic explanation for how this economically functions. The key point from gnasher729's answer's that the interest rate is 49.9% for one company. While this may be much higher than the equilibrium rate, the true market interest rate, it is not completely unreasonable because of the risk. For credit to be continually produced, default risk must be compensated because this is a cost to the lender.  Most are not in business to lose money, so making loans to borrowers that default 40% of the time would make this interest rate reasonable. For UK citizens, this would not be such a problem because the lender can usually pursue the borrower for the balance, but if the borrower can disavow the loan and leave the legal reach of the UK creditors, the collection rate is 0%. The guarantee by the foreign persons not present in the UK is incidental and probably more of a regulatory requirement since the inability to collect from them is just as unlikely. One should always look for the lowest price with at least minimum quality when shopping for anything, but you are right to be apprehensive legally.  Read every line and be sure that you yourself understand every clause before signing. If alternative cheaper financing is available, it is probably superior."}
{"_id": "92941", "title": "", "text": "Former pension/retirement/401(k) administrator here.  1.  If you don't want to bother with maintaining your own investments, you can 'roll-over' your existing 401(k) into *your new company's 401(k) plan*.  Then you will choose your investments in the new plan, you will be 100% vested in 'rollover account'.  2.  If you want control over your own investments (recommended!) you can roll over your existing 401(k) into an IRA (Individual Retirement Account).  Then *your entire account* will go into your new IRA.  3.  You can take part, or all, of your existing account as cash, paid directly to you.  Note that this will trigger *20% mandatory Federal Withholding* on whatever goes straight to you.  So some of your money is going to the IRS."}
{"_id": "92973", "title": "", "text": "It wasn't just a mortgage crisis. It was debit crisis. Everyone was impacted. If you want to focus of just the housing market, people who owned a home and had a steady job with equity in the house didn't get hit as hard as others because they had time to wait for the rebound. People who put down 3% on a home they couldn't afford with a unsteady job are probably still not recovered and never will be."}
{"_id": "92977", "title": "", "text": "Because people should not be discriminated against in the work place because of their politics, religion, gender, race, sexual orientation, etc. Frankly, Im alarmed that this tenant of democracy is being disputed. I dont want to live in a democracy where people have to have two sets of political beliefs. One they put forth to appease their employer and the other they keep secret."}
{"_id": "92987", "title": "", "text": "Yeah. Definitely fast food enemies. The only fries I like better than Arby's are McDonalds' fries. So tasty! I will admit that the burgers there are not great, but do love to grab a bundle of the little cheap ones. They're basically just ketchup/cheese sandwiches on buns. And the McChicken is great too, especially the new one with Cheddar and Onions on top.  As to horsey sauce, it is a horseradish mayonnaise blend. Mmmmm. I am sorry for your food poisoning. Arby's is a franchise-based model, so the quality can vary a lot."}
{"_id": "93009", "title": "", "text": "\"&gt; When you only other choice is OR DIE, it's pretty much slavery. Getting to choose your master, oh I'm sorry, \"\"career path\"\" is just mincing words.  What do you think would happen if there were no other humans around? You'd have to work or die.  &gt; You have no choice but to work for somebody to sustain yourself. You can't leave society and go your own way; All land is owned in some form or another and to do so is illegal. ergo, you have no real choices and you are beholden to a system with the illusion of freedom.  That's basically true, except there are giant areas of forest in the US or in Canada that you could live in, if you really want to ditch the comforts of society.  &gt; But you are anything but free.  I can't say I disagree with you there. The amount of regulations and licensing that it takes to do anything in the US is insane.   &gt; Look up the term wage slavery.  Haha, I'm familiar with this term  &gt; Honestly, old time slaves may have actually had it better than what we have today. At least the master was obligated to take care of his slaves and provide food, shelter, and medical care as his slaves were his investment in labor.  I see what you're getting at, but you're wrong. It's pretty easy to type that from in front of a computer screen without someone dragging you out to the fields for 14 hours a day to bend over and pick cotton in the hot sun.  &gt; Today, the slaves have to fend for themselves. They need to purchase housing, education (modern day slaves have to secure their own training before they can become adequate servants), and healthcare.  You have a really twisted view of what slavery is. I mean, I get that you're doing it semi-tongue in cheek, but it's coming of very /r/im14andthisisdeep.  Here, I'll use your terminology: \"\"Moder day slaves\"\" get to live in their own house that they paid for with the money that they earned from their consensual slavery. Thanks to capitalism, even without health insurance, they still have access to insanely higher level of healthcare than slaves in the confederate south. Even just the ability to look up and treat a problem on their own.  I left out the education part because if you think slaves in america were educated, well... maybe you are a slave.  &gt; The masters sure have it good these days, they don't even have to put forth any of the effort their predecessors did.  Yea, it takes zero effort to write a business plan, secure investments, manage a team and bring a vision into the world. That's why everybody does it.  &gt; And the best part? They can just dump them whenever they see fit. Let the servants worry about their own upkeep! After all, there is always a nice surplus of fresh up and coming laborers!  I wouldn't want to force someone to keep another person employed any more than I'd want to force that person to be employed.  &gt; *citation Needed*  https://www.youtube.com/watch?v=MPH4jl5kGp4 https://www.youtube.com/watch?v=uLc7VCznliU\""}
{"_id": "93017", "title": "", "text": "I wanted to know that what if the remaining 40% of 60% in a LTV (Loan to Value ratio ) for buying a home is not paid but the borrower only wants to get 60% of the total amount of home loan that is being provided by lending company. Generally, A lending company {say Bank] will not part with their funds unless you first pay your portion of the funds. This is essentially to safeguard their interest. Let's say they pay the 60% [either to you or to the seller]; The title is still with Seller as full payment is not made. Now if you default, the Bank has no recourse against the seller [who still owns the title] and you are not paying. Some Banks may allow a schedule where the 60/40 may be applied to every payment made. This would be case to case basis. The deal could be done with only paying 20% in the beginning to the buyer and then I have to pay EMI's of $7451.  The lending company is offering you 1.1 million assuming that you are paying 700K and the title will be yours. This would safeguard the Banks interest. Now if you default, the Bank can take possession of the house and recover the funds, a distress sale may be mean the house goes for less than 1.8 M; say for 1.4 million. The Bank would take back the 1.1 million plus interest and other closing costs. So if you can close the deal by paying only 20%, Bank would ask you to close this first and then lend you any money. This way if you are not able to pay the balance as per the deal agreement, you would be in loss and not the Bank."}
{"_id": "93020", "title": "", "text": "If this is your money, and if you can - if asked - prove that you legally made it, there is no limit. You pay taxes on your income, so sending it into the world is tax free. Your citizenship is not relevant for that."}
{"_id": "93037", "title": "", "text": "I omitted Germany and France because they are in fact doing well.  But I am not going to say someone is healthy just because their lungs are fine but they are suffering from stomach cancer.  Finland and Denmark can not be compared to the US in any meaningful way as most of our states have higher populations than their entire country.  Hell, we have cities that have a higher population than their entire country."}
{"_id": "93045", "title": "", "text": "\"&gt; all we need to do is show that such a thought process is theoretically sound in order to throw that premise into serious question  Not really.  You're splitting hairs.  If you want to suggest that Wall Street enjoys tax paying, the onus is on you.  &gt; But if the actuaries can't figure out a way to do it, then wouldn't that be cause to reevaluate the blind faith many people place in markets?  I feel like I'm a freshman in college again.  There are *plenty* of examples of market failures.  The temptation is to say that merely because there *is* a market failure, that therefore control by means of bureaucrats is necessary, without considering whether there is also a bureaucratic failure or whether the possibility of failure is as high as the original market scenario.  A power plant causes pollution, leading to reduced air quality and quality of life for the surrounding population.  This is a problem!  The power plant is imposing a cost on me and I deserve to be compensated.  \"\"Therefore, bureaucrats!\"\"  Fine.  But now you've shifted the problem from simply compensating for pollution to figuring out how on earth to do it fairly.  And you've introduced a means for abuse of the system, incentivizing people to live closer to the problem or claim damages they don't have.  Power plants still require a profit to operate, so costs will rise.  We're now charging people more money to go to the company to then go back to the people with the additional inefficiency of a government watch group.  Is the original scenario a problem?  Absolutely.  It's a failure of the free market to correctly provide according to individual's rights since everyone's air is collectively polluted.  Is the alternative better?  I don't know.  It's certainly more complicated.  &gt; which is an asinine thing to do if you're concerned with actually changing the system  Why do you think this, exactly?  I agree with you, but I'm curious if we agree for the same reasons.  I agree for the same reason I don't give my alcoholic family members any money at the end of the month.\""}
{"_id": "93068", "title": "", "text": "I do all of my living at work, that way I don't miss out on any money! As soon as I step out the door I walk next door, where I live, and go to sleep, till I go back in the next morning. No lost opportunities for THIS fella!"}
{"_id": "93073", "title": "", "text": "You can invest more that 20,000 in Infrastructure bonds, however the tax benefit is only on 20,000. Further the interest earned is taxable. The best guaranteed post tax returns is on PPF. So invest a substantial sum in this. As your age group low you can afford to take risk and hence could also look at investing in ELSS [Mutual Fund].   A note on each of these investments:  LIC: If you have taken any of the endowment / Money Back plan, remember the returns are very low around 5-6%. It would make more sense to buy a pure term plan at fraction of the cost and invest the remaining premium into even PPF or FD that would give you more return.  NSC/Postal Savings: They are a good option, however the interest is taxable. There is a locking of 6 years.  PPF: The locking is large 15 years although one can do partial withdrawals after 7 years. The interest is not taxable.  ULIP: These are market linked plans with Insurance and balance invested into markets. The charges for initial few years is quite high, plus the returns are not comparable to the normal Mutual Funds. Invest in this only if one needs less paper and doesn't want to track things separately.  ELSS/Mutual Fund: These offer good market returns, but there is a risk of market. As you are young you can afford to take the risk. Most of the ELSS have given average results that are still higher than FD or PPF.  Pension Plan: This is a good way to accumulate for retirement. Invest some small amount in this and do not take any insurance on it. Go for pure equity as you can still take the risk. This ensures that you have a kit for retirement. Check out the terms and conditions as to how you need to purchase annuity at the term end etc."}
{"_id": "93083", "title": "", "text": "Probably keeping in his back pocket. Is it possible releasing Fannie and Freddie from conservatorship would kill Obamacare? Mnuchin has stated that the funds from the NWS are used to pay for it. Maybe Trump is keeping it as a last ditch, to use if Republicans can't repeal?"}
{"_id": "93099", "title": "", "text": "Are there any IRS regulations I should be aware of when sending money to India? None. As long as you are following the standard banking channels. You are also declaring all the accounts held outside US in your tax returns. FBAR. Is it legal to do so?  Yes it is legal. do I have to declare how much I am investing and pay extra taxes? As part of FBAR. Income earned [including interest, capital gains, etc] needs to be paid in India [there are some exemptions for example interest on NRE accounts] as well as in the US [relief can be claimed under DTAA Indian version here and US here]. So if you already have paid taxes on salary and say transfer USD 10K to India; there is no tax on this 10K. If this 10K generates an income of say 2K; this 2K is taxable as per normal classification and rules."}
{"_id": "93101", "title": "", "text": "It's a practical, marketable major. If that's what you want to do, go for it. Regardless of the major you choose, the best jobs will be competitive. Some majors are total shit, finance is not one of them. Good luck!"}
{"_id": "93129", "title": "", "text": "This is Rob Bennett, the fellow who developed the Valuation-Informed Indexing strategy and the fellow who is discussed in the comment above. The facts stated in that comment are accurate -- I went to a zero stock allocation in the Summer of 1996 because of my belief in Robert Shiller's research showing that valuations affect long-term returns. The conclusion stated, that I have said that I do not myself follow the strategy, is of course silly. If I believe in it, why wouldn't I follow it? It's true that this is a long-term strategy. That's by design. I see that as a benefit, not a bad thing. It's certainly true that VII presumes that the Efficient Market Theory is invalid. If I thought that the market were efficient, I would endorse Buy-and-Hold. All of the conventional investing advice of recent decades follows logically from a belief in the Efficient Market Theory. The only problem I have with that advice is that Shiller's research discredits the Efficient Market Theory. There is no one stock allocation that everyone following a VII strategy should adopt any more than there is any one stock allocation that everyone following a Buy-and-Hold strategy should adopt. My personal circumstances have called for a zero stock allocation. But I generally recommend that the typical middle-class investor go with a 20 percent stock allocation even at times when stock prices are insanely high. You have to make adjustments for your personal financial circumstances. It is certainly fair to say that it is strange that stock prices have remained insanely high for so long. What people are missing is that we have never before had claims that Buy-and-Hold strategies are supported by academic research. Those claims caused the biggest bull market in history and it will take some time for the widespread belief in such claims to diminish. We are in the process of seeing that happen today.  The good news is that, once there is a consensus that Buy-and-Hold can never work, we will likely have the greatest period of economic growth in U.S. history. The power of academic research has been used to support Buy-and-Hold for decades now because of the widespread belief that the market is efficient. Turn that around and investors will possess a stronger belief in the need to practice long-term market timing than they have ever possessed before. In that sort of environment, both bull markets and bear markets become logical impossibilities. Emotional extremes in one direction beget emotional extremes in the other direction. The stock market has been more emotional in the past 16 years than it has ever been in any earlier time (this is evidenced by the wild P/E10 numbers that have applied for that entire time-period). Now that we are seeing the losses that follow from investing in highly emotional ways, we may see rational strategies becoming exceptionally popular for an exceptionally long period of time. I certainly hope so! The comment above that this will not work for individual stocks is correct. This works only for those investing in indexes. The academic research shows that there has never yet in 140 years of data been a time when Valuation-Informed Indexing has not provided far higher long-term returns at greatly diminished risk. But VII is not a strategy designed for stock pickers. There is no reason to believe that it would work for stock pickers. Thanks much for giving this new investing strategy some thought and consideration and for inviting comments that help investors to understand both points of view about it. Rob"}
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{"_id": "93155", "title": "", "text": "An ironic one is hoe Microsoft became to large in the first place. Gates bought DOS and then improved on the technology, while making it more accessible. This is what led to the huge market share difference between Microsoft and Apple prior to the ipod/iPhone era"}
{"_id": "93157", "title": "", "text": "\"TLDR:  You will probably need to move to a different employer to get the raise you want/need/deserve. Some employers, in the US, punish longevity through a number of practices.  My wife worked as a nurse for about 20 years.  During that time she had many employers, leveraging raises with job changes.  She quit nursing about 6 years ago and was being paid $38/hour at the time.  She had a friend that worked in the same system for 18 years.  They had the same position in the same hospital that friend's current rate of pay:  $26/hour.  You probably don't want to be that person. Given your Stack Overflow participation, I would assume you are some type of web developer.  I would recommend updating your resume, and moving for a 20% increase or more.  You'll get it as it is a great time to be a web developer.  Spending on IT tends to go in cycles, and right now budgets are very healthy for hiring new talent.   While your current company might not have enough money in the budget to give you a raise, they would not hesitate hiring someone with your skills at 95K if they had an opening.  Its common, but frustrating to all that are involved except the bean counters that looks at people like us as commodities.   Think about this:  both sides of the table agree that you deserve a 5K raise.  But lets say next year only 3k is in the budget.   So you are out the 5k you should have been given this year, plus the 2k that you won't get, plus whatever raise was fair for you next year.  That is a lot of money!  Time to go! Don't bother on holding onto any illusions of a counter offer by your current employer.  There will be too much resentment.  Shake the dust off your feet and move on.    Edit: Some naysayers will cite short work histories as problems for future employment.  It could happen in a small number of shops, but short work histories are common in technology that recruiters rarely bat an eye.  If they do, as with any objection, it is up to you to sell yourself.  In Cracking the Code Interview the author cites that no one is really expecting you to stay beyond 5 years.   Something like this would work just fine:  \"\"I left Acme because there were indications of poor financial health.  Given the hot market at the time I was able to find a new position without the worry of pending layoffs.\"\"  If you are a contractor six month assignments are the norm.  Also many technology resumes have overlapping assignments.  Its what happens when someone is in demand.\""}
{"_id": "93168", "title": "", "text": "In terms of gameplay and experience, I don't agree.  The Wii with the Wii remotes were innovative imo, with the right IP to back it up: Zelda, Mario, etc.  While that was a main feature of the console, Kinect, eye toy, and even now VR are add-ons."}
{"_id": "93185", "title": "", "text": "\"If you are just barely scraping by on your current income, then you shouldn't be thinking about buying a car or house unless you can present (at least to yourself) clear evidence that doing so will actually lower your monthly expenses. Yes, there are times when even buying depreciating assets such as a car can lower your expenses, but you need to think hard about whether that is the case or if it is just something you want to get because you feel you \"\"should\"\". Remember the old adage that rich people buy themselves income streams (investments that either earn money or reduce expenses), while poor people buy expenses. If you are in the situation of barely scraping by on your current income, then the first step in my mind is to find out exactly what you are spending your money on (do this for a month or two, and then try to include non-regular or rarely-occuring bills such as subscriptions, insurance, perhaps utilities, and so on). Once you know where your money is going right now, outline that in a budget. At this point, you aren't judging your spending, but rather simply looking at the facts. Once you have a decent idea of where your money is going, only then try to think about what you can cut back on. Some things will be easier than others to change (it's much easier to cancel a premium TV channels package than to move to cheaper living quarters, for example, although in some cases simply picking the low-hanging fruit alone won't help you). Make a revised budget for the next month based on the new numbers, and try to live by it. Keep writing down what you actually spend your money on, then rinse and repeat. (Of course, you can make a budget for whatever period of time works for you; if you get paid every two weeks, budgeting per two weeks might be easier than budgeting per month.) The bottom line is that a budget is useless without a follow-up process to see how well your spending actually matches the budgeted amounts, so you need to spend some time following up on it and making adjustments. No budget will ever match reality exactly; think of the budget as a map, not a footstep-by-footstep guide for getting from A to B. When you find some wiggle room in your budget (for example, let's say you decide to cancel the premium TV channels package you got some time ago because it turns out you aren't watching much TV anyway), don't put that money into a \"\"discretionary spending\"\" category. There is an old rule in personal finance that says pay yourself first. If you are able to find $5/month of wiggle room, put it into savings of some kind. If you are unsure what kind of savings vehicle you should use, I'd suggest starting off with a simple savings account; it certainly won't earn you a great return (you'll be lucky if you can keep up with inflation), but it will get you into the habit of saving which at this point is a lot more important. And make that savings transfer as soon as the money hits your account. If you can, get the depositor to put a portion of your income directly into the savings account; if you cannot, make the transfer yourself immediately afterwards. And try to force yourself to live with the money that's left, not touching the savings account. Ideally, you should save a decent fraction of your income - I've seen figures everywhere from 10% to 25% of your after-tax income recommended by various people - and start out by budgeting that to savings and then working with whatever is left. In practice, saving anything and putting the money anywhere is much better than saving nothing. Just make sure that the savings are liquid (easy to convert to cash and withdraw without a penalty, should the need arise), set up a regular bank transfer for whatever amount you can find in that budget, and try to forget about it until you get the bank statement for the savings account and get that warm, fuzzy feeling for actually having a decent amount of money set aside should something ever happen making you need it. Then, later, you can decide whether to use the money to buy a car, start a company, take early retirement, or something entirely different. Having the money will give you the options, and you can decide what is more important to you yourself. Just keep on saving.\""}
{"_id": "93189", "title": "", "text": "Actually if you look at a loan for $115,000 over 30 years at current interest rates you would have a payment of about $500 a month. I would argue your $500 monthly payments are building equity the same way a loan repayment schedule would. Is your agreement in writing? If it is, there's nothing you can do unless they agree. If it's not then write up a contract for a $115k loan that you will pay back over 30 years at $500 a month with the amortization table. That will show how much equity you're building over time. (It's not much the first 10 years!) Note that some states require real estate contract to be in writing or else they are voidable by either party. Whatever you do, get something in writing or you'll probably either end up in court or feeling bitter for the next few decades."}
{"_id": "93199", "title": "", "text": "\"In California at least a little known secret is you don't have to pay traffic fines older than three years. I had my DL suspended for three years from 3thousand in bad tickets. I went to pay after I saved enough, and the nice lady said \"\"the law says you don't have to pay the fines over three years old and we can't legally hold your license and we legally can't report it to credit agencies or the DMV\"\" She got her gold star that day!! She said no one will tell you, but being nice sometimes gets you a long way. I'm sure most people take out their frustrations on her.  So I paid about 1300$ and walked out a happy licenced man. Thanks to that lady!!\""}
{"_id": "93200", "title": "", "text": "Thats the thing i think most people in this thread are missing: the way we shop is evolving. We are far more comfortable ordering online now than a decade ago, and it's only going to continue.   And thus actually makes sense, because our time is super valuable. For most consumers, a Best Buy is at least 15 mins away by car. So getting there and back alone is about 3% of your day. Thats a step price already, and it doesn't include the time wandering the store to find the damn thing, then standing in line, parking, etc. So unless i need the product now now now, online is fine.  So, to answer your question, you didn't really do anything wrong. We're just changing."}
{"_id": "93205", "title": "", "text": "For some reason this can result in either   the flow through income being UNTAXED or the flow through income being   taxed as a capital gains. Either way this allows a lower tax rate for   LLC profits. I'm not sure that correct. I know it has something to do   with capital accounts. This is incorrect. As to capital accounts - these are accounts representing the members/partners' capital in the enterprise, and have nothing to do with the tax treatment of the earnings. Undistributed earnings add to the capital accounts, but they're still taxed. Also, is it true that if the LLC loses money, that loss can be offset   against other taxable income resulting in a lower total taxation? It can offset taxable income of the same kind, just like any other losses on your tax return. Generally, flow-through taxation of partnerships means that the income is taxed to the partner with the original attributes. If it is capital gains - it is taxed as capital gains. If it is earned income - it is taxed as earned income. Going through LLC/partnership doesn't re-characterize the income (going through corporation - does, in many cases)."}
{"_id": "93215", "title": "", "text": "\"Typically, there are three ways an acquisition is financed. What is used is called the \"\"consideration\"\".  1.) Cash - Existing cash on the balance sheet is used. Think of it like purchasing something with your debit card.  2.) Stock - This a bit more complicated. The acquiring company issues new shares and exchanges those shares for shares of the acquiree. Because new shares are issued, this can have a dilutive effect on the stock price of the acquirer. However, it can have an accretive effect if enough synergistic value between the two companies is realized and/or expected.  3.) Debt - Basically like taking out a loan.   The \"\"consideration\"\" for a deal is often reported, as you read in your article.  Most deals are a combination of cash/stock/debt. (Debt is often referred to as \"\"cash\"\" - i.e. if you take out a loan, you are essentially receiving cash.)    When it comes to which is best to use, there are quantitative analyses for that - with a specific focus on the acquirer's EPS (Earnings per share) post-deal.  The factors that are considered are the forgone interest on cash, the additional interest gained from taking on debt, and the dilutive effects of issuing new stock. There is no right answer for which is best, as there are multiple different factors and circumstances involved across M&amp;A deals. Each company has different borrowing rates and synergistic value expected from their deals. One big factor is the timing and stock price of both companies during the deal. If the acquirer is trading at an all time high and the acquiree is at an all time low, then perhaps an all-stock deal would be advantageous to the buyer.   Typically, companies want to avoid stock deals because they are the most dilutive.\""}
{"_id": "93219", "title": "", "text": "529 is good.  Though, I would avoid other kinds of investments in kids names and or setting up accounts that are too complex or difficult to use as college costs will come in may aspects starting application fees and travel expenses when looking for college as well as housing and allowance spending."}
{"_id": "93231", "title": "", "text": "quid's answer explains the settlement period well. However, it should be noted that you can avoid the settlement period by opening a margin account. Any specific broker like Schwab may or may not offer margin accounts. Margin accounts allow you to borrow money to avoid the settlement period or to buy more securities than you can actually afford. Note that if you buy more securities than you can afford using margin, you expose yourself to losses potentially larger than your initial investment. If you fund your account with $50,000 and use margin to purchase $80,000 of stock which then drops in value by 80% you will have lost $64,000 and owe the broker $14,000 plus fees."}
{"_id": "93234", "title": "", "text": "The economy today is quite global, but it's not totally in sync.  Unemployment is not dropping everywhere. It's getting worse in the Muslim worlds, South Africa, Venezuela, etc.  Trust me: Trump can easily crash the USA economy, or, make it even better.  Basically, if countries work on their economy, you can see the results."}
{"_id": "93243", "title": "", "text": "He talked about JPM's investment in blockchain tech, not about bitcoin's blockchain network. So you are right in the sense that these cryptos have their own blockchains, and he is correct that JPM and many large corp are looking at blockchain technology.     Bitcoin as a currency is a make believe store of value, full of fraud, and right now a lot of FOMO investors chasing it. But I wouldn't call it a bubble because it has not popped yet. Bubble is usually backward looking."}
{"_id": "93248", "title": "", "text": "I don't know what rates are available to you now, but yes, if you can refinance your car at a better rate with no hidden fees, you might save some money in interest. However, there are a couple of watchouts: Your original loan was a 6 year loan, and you have 5 years remaining.  If you refinance your car with a new 6 year loan, you will be paying on your car for 7 years total, and you will end up paying more interest even though your interest rate might have gone down.  Make sure that your new loan, in addition to having a lower rate than the old loan, does not have a longer term than what you have remaining on the original loan. Make sure there aren't any hidden fees or closing costs with the new loan.  If there are, you might be paying your interest savings back to the bank in fees. If your goal is to save money in interest, consider paying off your loan early.  Scrape together extra money every month and send it in, making sure that it is applied to the principal of your loan.  This will shorten your loan and save you money on interest, and can be much more significant than refinancing.  After your loan is paid off, continue saving the amount you were spending on your car payment, so you can pay cash for your next car and save even more."}
{"_id": "93271", "title": "", "text": "If we're including psychological considerations, then the question becomes much more complicated: will having a higher available credit increase the temptation to spend? Will eliminating 100% of a small debt provide more positive reinforcement than paying off 15% of a larger debt? Etc. If we're looking at the pure financial impact, the question is simpler. The only advantage I see to prioritizing the lower interest card is the float: when you buy something on a credit card, interest is often calculated for that purchase starting at the beginning of the next billing cycle, rather than immediately from the purchase date. I'm not clear on what policies credit card companies have on giving float for credit cards with a carried balance, so you should look into what your card's policy is.  Other than than, paying off the higher interest rate card is better than paying off the lower interest rate. On top of that, you should look into whether you qualify for any of the following options (presented from best to worst):"}
{"_id": "93275", "title": "", "text": "So your argument is, all depository banks can do the functions of an investment bank, therefore all banks were responsible for the financial crisis? Awesome argument. Do tell me how citibank is the same as JP Morgan again. How are you this dense?  Also, nothing I've said is false whereas everything you've said is."}
{"_id": "93300", "title": "", "text": "You are talking about adjusting the basis of your property which has its own IRS publication Publication 551: Basis of Assets Assuming you've not taken depreciation on your land in any way, pages 4-5 cover the various ways you can increase the basis of your property. Improvements like paving and wiring such as your second case would increase the basis of the property and reduce your gains when you sell. Note that regular real estate taxes do NOT alter your basis. Again the IRS publication is where you should look on what activity would have altered your basis during your period of ownership.  Consult appropriate accounting and legal practitioners when in doubt."}
{"_id": "93306", "title": "", "text": "I dunno, where did you go to school for arguing?  Let me spell it out for you: my products are all linked in the 3rd sentence of my bio on the right side of every page. I don't belabor them because I'm not trying to sell them."}
{"_id": "93314", "title": "", "text": "This is actually not at all surprising. We've been pumping oil for a long time, it makes sense that the guys doing this are very good at knowing where the line between profit and loss is. With government handouts more operations are on the profit side. So those operations go forward."}
{"_id": "93323", "title": "", "text": "One overarching thing to keep in mind is that wherever you go with Finance if you work hard enough and climb the ladder, you can make decent money. I know CIO's, Market Stragesits and even CFO's, Portfolio Managers and CPA's that all live extremely comfortably, and all of them work outside of the IB industry, basically, IB isn't the end-all for making large sums of money. The main reason why it pays so much upfront is that of the hours you have to work if you look at their salary at an hourly rate, it's around 10-12 bucks an hour.   Definitely think about the Double major thing though, or potentially just doing a minor. It would definitely look good on a resume, especially if it's something you also enjoy, but you've gotta keep that GPA high, and getting a 4.0 in CS is quite a challenge, to begin with.  Pretty much any of the Series certifications can help you depending on where you want to go career-wise, obviously for some positions have certain series certifications won't be useful at all. It's also worth looking into the CFA program if you plan on doing Financial Analysis, but you'll need a sponsor for this, just like the Series certifications.  Happy to help man, if you've got any other questions feel free to reach out. I'm in the same boat just trying to figure out what I want to do with my life to make decent money so I can take care of my friends and family, and live life to the fullest."}
{"_id": "93332", "title": "", "text": "\"The question that I walk away with is \"\"What is the cost of the downside protection?\"\" Disclaimer - I don't sell anything. I am not a fan of insurance as an investment, with rare exceptions. (I'll stop there, all else is a tangent) There's an appeal to looking at the distribution of stock returns. It looks a bit like a bell curve, with a median at 10% or so, and a standard deviation of 15 or so. This implies that there are some number of years on average that the market will be down, and others, about 2/3, up. Now, you wish to purchase a way of avoiding that negative return, and need to ask yourself what it's worth to do so.  The insurance company tells you (a) 2% off the top, i.e. no dividends and (b) we will clip the high end, over 9.5%.  I then am compelled to look at the numbers. Knowing that your product can't be bought and sold every year, it's appropriate to look at 10-yr rolling returns. The annual returns I see, and the return you'd have in any period. I start with 1900-2012. I see an average 9.8% with STD of 5.3%. Remember, the 10 year rolling will do a good job pushing the STD down. The return the Insurance would give you is an average 5.4%, with STD of .01. You've bought your way out of all risk, but at what cost?  From 1900-2012, my dollar grows to $30080, yours, to $406. For much of the time, treasuries were higher than your return. Much higher.  It's interesting to see how often the market is over 10% for the year, clip too many of those and you really lose out.  From 1900-2012, I count 31 negative years (ouch) but 64 years over 9.5%. The 31 averaged -13.5%, the 64, 25.3%.  The illusion of \"\"market gains\"\" is how this product is sold. Long term, they lag safe treasuries.\""}
{"_id": "93352", "title": "", "text": "Many examples in Europe and other countries have shown once you break that barrier people will go to extreme lengths to avoid it. So much so back in the 80s in the UK tax rates over 75% were imposed, needless to say when they reduced it to 40% they actually got more money.   Ultimately it does more harm than good to the economy and means well paid jobs leave the country and go elsewhere. The exact same thing is happening right now with the French moving to London.  http://www.bbc.co.uk/news/magazine-18234930"}
{"_id": "93353", "title": "", "text": "I agree that religion shouldn't be protected. Let's get rid of this protection for Christians crap and let those little snowflakes realize that they don't get to push their make believe on others.  Disability, the unifying factor is *the disability.* There's some non-able-bodied component. Sexual orientation is biological."}
{"_id": "93354", "title": "", "text": "\"Market cap is the current value of a company's equity and is defined as the current share price multiplied by the number of shares. Please check also \"\"enterprise value\"\" for another definition of a company`s total value (enterprise value = market cap adjusted for net nebt). Regarding the second part of your question: Issuing new shares usually does not affect market cap in a significant way because the newly issued shares often result in lower share prices and dilution of the existing share holders shares.\""}
{"_id": "93362", "title": "", "text": "&gt;**Most have three wheels and do not tilt. An exception is in Cambodia, where two different types of vehicles are called tuk-tuks, one of which (also known as a remorque) has four wheels and is composed of a motorcycle (which leans) and trailer (which does not)**  Today i learned!"}
{"_id": "93386", "title": "", "text": "If you are looking to transfer money to another person in the US, you can do do with no tax consequence.  The current annual gift limit is $14k per year per person, so for example, my wife and I can gift $56k to another couple with no tax and no forms. For larger amounts, there is a lifetime exclusion that taps into your $5M+ estate tax. It requires submitting a form 709, but just paperwork, no tax would be due. This is the simplest way to gift a large sum and not have any convoluted tracking or structured loan with annual forgiveness. One form and done. (If the sum is well over $5M you should consider a professional to guide you, not a Q&A board)"}
{"_id": "93397", "title": "", "text": "No, there is no downside. I personally don't use duplicate checks.  I simply make a record of the checks I write in the check register.  A copy of the check, whether a duplicate or a photo, isn't really proof of payment for anyone but yourself, as it is very easy to write a check after the fact and put a different date on it."}
{"_id": "93409", "title": "", "text": "I'm probably being unduly harsh, but I only have my experience to draw on.   Windshield wipers that the dealer could never get to work right  Replacing brake lights every couple of months - dealer couldn't fix   Am electronic 4wd system that fails twice, necessitating a transmission replacement at 30k miles.   This was a brand new vehicle, all under warrant protection  I used to travel a lot for work, with a lot of rental cars, and driven a lot of different cars. The GM products just always seemed a little more rattley with the worst seats for me. I had the misfortune of driving a Cruize in Europe for a few weeks and I've felt church pews that were luxurious compared to that thing - though the diesel motor (Opel made) was nice.   I compare that to the Toyotas I've driven for a couple hundred thousand miles with nothing but maintenance, and that's where I struggle.   Maybe they are better. But my experience hasn't gotten there yet."}
{"_id": "93418", "title": "", "text": "I'm not a huge fan of tax-advantaged retirement accounts anyway, so I wouldn't fault you for not contributing even if you weren't likely to develop a disability. Do you have disability insurance?  I hope so.  If you already have the disease then you may not be able to get it now if you don't have it already because they may not cover existing conditions.  If not, try to get it however you can. You may be able to withdraw the money without much problem if you can prove it's a permanent disability.  (Information here.) Do you have 401(k) matching from your employer?  If that match is vested in a reasonable period of time, then even with the penalties you'll end up ahead. Beyond that (this wasn't part of your question but I'm just trying to help) I'd think about what kind of work you can do after you can't work at your current job.  You have the luxury of an early warning, so plan for it. Also, check out National Industries for the Blind.  Our Lions Club sells some of the Skilcraft products (brooms) as fundraisers and they're quality products."}
{"_id": "93426", "title": "", "text": "Because collective bargaining by the gov't and your employer is the only way that we've been able to combat some of the increases. An uninsured individual will be billed 4-10x what your insurance company would pay due to collective bargaining.  The largest employers (Cisco, EMC, and others) are self-insured and pay health care providers to administer their plan. SMBs get the short end of the stick and pay much higher rates for less coverage because they don't have economies of scale.   A public option would allow any uninsured individual to obtain health care at a reasonable, income-based cost."}
{"_id": "93439", "title": "", "text": "\"Maybe if people were paying them for their political opinions, that would be a valid argument, but people are paying them for their services.      I would hope that they would do what they need to do to keep their company in business.  I don't think I've ever heard anyone say \"\"boy, they did lay everybody in the company off and took a few local businesses with them, but they stood by their principles\"\".   That's not what businesses are for.\""}
{"_id": "93441", "title": "", "text": "As far as I know, you can have anybody be a beneficiary on life insurance while you are unmarried.  Once you are married, you may or may not have to have your spouse sign off (I'm not sure if it's a state or federal law).  People typically will have family, but it could just as easily be a waiter who gave you great service at a restaurant. I would suggest you look into creating a will.  Within that will, you can: This way, it should not matter as much who the guardian is, but rather who is in control of the trust.  I would imagine as long as your children are minors, the state would put them under your ex's custody (if they aren't already). Does that make sense?"}
{"_id": "93448", "title": "", "text": "I go out often to restaurants, and I've never had to wait more than 20 minutes with a reservation, and it's extremely rare than I have to wait more than 5 minutes.  If you had to wait 2 hours you were not speaking up for yourself, and that's a horribly run restaurant."}
{"_id": "93451", "title": "", "text": "Normally if the amount of a cashiers check is over $5,000, a bank (like Wells Fargo) may put a 10 business day hold on it to make sure the transaction is sound."}
{"_id": "93454", "title": "", "text": "Definitely not with gift cards and to a lesser degree not even with debit cards.  For most transactions they work the same but you'll run into problems when dealing with situations where a hold is placed that's higher than the transaction amount. This is the norm with gas purchases--at the time you run the card you don't know how much gas you're going to pump so they put through an authorization for some fixed amount--say $75 or $100.  If you do not have this much available it will fail and you can't use the card to purchase the gas.  Unless you're living paycheck to paycheck the debit card should work in this case but the gift card very well might not. I've also seen this happen on a larger scale with a car rental.  A co-worker only had a debit card--and the substantial hold the rental car place wanted to put on the card was unacceptable."}
{"_id": "93463", "title": "", "text": "They've pretty much shot any credibility they possessed. Follow the money."}
{"_id": "93484", "title": "", "text": "Good grief!  Ask a Republican to define their terminology to avoid conflict and confusion, and you get labeled a liberal.  Honestly, the stupid labeling thing is one of the most obfuscating and idiotic parts of our political discourse these day.  The idea here is to remove obfuscation so we can get to the point.  Clarify yourself!  You have declared paying government employees better than others is waste.  You\u2019ve also declared the current government delivery system is waste.  But the whole system is NOT waste.  Parse it out.    You don\u2019t want people paid more than a business can afford, right?  So there is no financial loss?  You don\u2019t want a system in place that can\u2019t afford to pay for itself, now or in the foreseeable future (after all, everyone should have a chance to recover), right?  But when you say there is waste in the government, I have to be sure you are discussing complete value, including social, educational, technological, national, military, and not just budget.  This is important because MY arguments hinge on the non-budget side, whereas yours seem to focus on the financial aspects.   Not that these are the whole of either of our views.  They are simply the focuses we have used in this discussion.  So, stop with the cheap jabs, and we\u2019ll continue.  There are many wasteful aspects of the government.  I agree with that.   It there are many things the go ernment does that private industry either can\u2019t or won\u2019t do.  Biggest of these is corporations will not go out of their way to protect their citizens.  They will do what they are paid to do, and nothing else.  The postal service will probably never be closed or privatized. If it were, however, I would love too see how the cost of delivery and the pay for delivery employees are affected.  I agree the question of why government waste exists is the most important.  But in order to see it clearly, we must get a lay of the land.  We need to review two edge cases:  1) Where is the most waste?  Why is it so extreme here?  2) Where is the least waste?  Why is this part of the government more efficient?  Then we can inspect the different influences in each system and explore why efficiency isn\u2019t enforced or encouraged in so many government areas, and what can be done to improve efficiency, or if it is an area that the nation would do better with privatization instead."}
{"_id": "93490", "title": "", "text": "Haha, aside from the fact that consensually choosing which career path you would like to go down is not at all akin to slavery and severely diminishes what actual slaves went (and in some places still go) through, even if your premise was right, your supposition is still wrong.  People on the corner begging for money make a pretty decent amount of money with no employer. Certainly more than I make."}
{"_id": "93518", "title": "", "text": "\"It may seem weird but interest rates are set by a market. Risk is a very large component of the price that a saver will accept to deposit their money in a bank but not the only one. Essentially you are \"\"lending\"\" deposited cash to the bank that you put it in and they will lend it out at a certain risk to themselves and a certain risk to you. By diversifying who they lend to (corporations, home-buyers each other etc.) the banks mitigate a lot of the risk but lending to the bank is still a risky endeavour for the \"\"saver\"\" and the saver accepts a given interest rate for the amount of risk there is in having the money in that particular bank. The bank is also unable to diversify away all possible risk, but tries to do the best job it can. If a bank is seen to take bigger risks and therefore be in greater risk of failing (having a run on deposits) it must have a requisitely higher interest rates on deposits compared to a lower risk bank. \"\"Savers\"\" therefore \"\"shop around\"\" for the best interest rate for a given level of risk which sets the viable interest rate for that bank; any higher and the bank would not make a profit on the money that it lends out and so would not be viable as a business, any lower and savers would not deposit their money as the risk would be too high for the reward. Hence competition (or lack of it) will set the rate as a trade off between risk and return. Note that governments are also customers of the banking industry when they are issuing fixed income securities (bonds) and a good deal of the lending done by any bank is to various governments so the price that they borrow money at is a key determinant of what interest rate the bank can afford to give and are part of the competitive banking industry whether they want to be or not. Since governments in most (westernised) countries provide insurance for deposits the basic level of (perceived) risk for all of the banks in any given country is about the same. That these banks lend to each other on an incredibly regular basis (look into the overnight or repo money market if you want to see exactly how much, the rates that these banks pay to and receive from each other are governed by interbank lending rates called Libor and Euribor and are even more complicated than this answer) simply compounds this effect because it makes all of the banks reliant on each other and therefore they help each other to stay liquid (to some extent). Note that I haven't mentioned currency at all so far but this market in every country applies over a number of currencies. The way that this occurs is due to arbitrage; if I can put foreign money into a bank in a country at a rate that is higher than the rate in its native country after exchange costs and exchange rate risk I will convert all of my money to that currency and take the higher interest rate. For an ordinary individual's savings that is not really possible but remember that the large multinational banks can do exactly the same thing with billions of dollars of deposits and effectively get free money. This means that either the bank's interest rate will fall to a risk adjusted level or the exchange rate will move. Either of those moves will remove the potential for making money for nothing. In this case, therefore it is both the exchange rate risk (and costs) as well as the loan market in that country that set the interest rate in foreign currencies. Demand for loans in the foreign currency is not a major mover for the same reason. Companies importing from foreign entities need cash in foreign currencies to pay their bills and so will borrow money in other currencies to fulfil these operations which could come from deposits in the foreign currency if they were available at a lower interest rate than a loan in local currency plus the costs of exchange but the banks will be unwilling to loan to them for less than the highest return that they can get so will push up interest rates to their risk level in the same way that they did in the market before currencies were taken into account. Freedom of movement of foreign currencies, however, does move interest rates in foreign currencies as the banks want to be able to lend as much of currencies that are not freely deliverable as they can so will pay a premium for these currencies. Other political moves such as the government wanting to borrow large amounts of foreign currency etc. will also move the interest rate given for foreign currencies not just because loaning to the government is less risky but also because they sometimes pay a premium (in interest) for being able to borrow foreign currency which may balance this out. Speculation that a country may change its base interest rate will move short term rates, and can move long term rates if it is seen to be a part of a country's economic strategy. The theory behind this is deep and involved but the tl;dr answer would be the standard \"\"invisible hand\"\" response when anything market or arbitrage related is involved. references: I work in credit risk and got a colleague who is also a credit risk consultant and economist to look over it. Arbitrage theory and the repo markets are both fascinating so worth reading about!\""}
{"_id": "93519", "title": "", "text": "You are currently $30k in debt.  I realize it is tempting to purchase a new car with your new job, but increasing your debt right now is heading in the wrong direction.  Adding a new monthly payment into your budget would be a mistake, in my opinion. Here is what I would suggest.  Since you have $7k in the bank, spend up to $6k on a nice used car.  This will keep $1k in the bank for emergencies, and give you transportation without adding debt and a monthly payment.  Then you can focus on knocking out the student loans.   Won't it be nice when those student loans are gone?  By not going further into debt, you will be much closer to that day.  New cars are a luxury that you aren't in a position to splurge on yet."}
{"_id": "93521", "title": "", "text": "A lot of good answers, but there\u2019s one more factor: ignorance.  The majority haven\u2019t considered it, or considered it and assumed it\u2019s not an option without investigating.  PLUS, the widespread myth that every other country is primitive, unhealthy, and dangerous."}
{"_id": "93523", "title": "", "text": "The simple answer is that you have to read the terms and conditions when you sign up for a checking account at the bank. The process of fraud investigation varies from bank to bank.  Ultimately most banks will refund the money if you are not deemed negligent. Some banks offer quick reimbursement during fraud claims, but many will not refund the money until the investigation is complete (which can take several weeks). Checking accounts are terrible security problems. If you're looking for ways to avoid a hassle, stop writing checks and using ATM/Debit cards. If you must send checks to pay bills, use the bill-pay system that is now common with most banks (they use a service to send checks on your behalf and don't even charge you for postage unless you ask for expedited processing)."}
{"_id": "93564", "title": "", "text": "It's not really that useful as a currency right now though, is it?    Leaving aside that you could only spend it in certain locations or the time it would take for a transaction to be confirmed, the fact that every transaction in which you pay with Bitcoin counts as a realization of the capital gain would make it quite cumbersome for most anyone to actually use it as a currency.  Then there's the issue of the fluctuating price of a bitcoin, which would make using it as a pricing mechanism quite cumbersome as well."}
{"_id": "93573", "title": "", "text": "There are a number of ways to get out of debt. First, stop spending on that card. You could apply for a 0% APR credit card and if you qualify with a credit limit equal (or higher) than what you have now, then you could transfer the balance and start on paying that down. You could also work out a payment plan with Chase - they would rather have some of the money vs. none of it. But you need to reach out sooner rather than later to avoid having it sent to collections.  Since your cash flow is terrible, you could also pick up a second or third part time job - deliver pizzas, work at the mall, whatever, to help increase your cash flow and use that money to pay down your debts.  The Federal Trade Commission has some resources on how to cope with debt."}
{"_id": "93582", "title": "", "text": "Jesus this is a horribly written and unnecessarily long article. Could be summed up in 3 paragraphs, and honestly, credit card processing fees isn't some conspiracy. I'd guess that most people who use credit cards are aware this is how visa and MasterCard make money.   This article is written like it's for 14 year olds."}
{"_id": "93593", "title": "", "text": "Absolutely. I actually spoke with a man from LeBatts brewery about this story, he told me that it it was sheer luck that other breweries didn't end up using the combination of a specific clarifying agent and foaming agent which caused the snottiness.  The rest of the brewing industry was also cost-cutting but through a combination of bad luck, not knowing when to stop, and a lack of testing, it was Schlitz that became a textbook example of what not to do. Today most new/changed products use test marketing to prevent this sort of nationwide debacle."}
{"_id": "93611", "title": "", "text": "\"FTA:  &gt;SD: And to all the young filmmakers listening, I had 5% of the net of that movie. That was in my contract. And it cost $19 million. And it made $150 million worldwide. There's no net. That's how movie math works.   I read a book some 20 years ago on screenwriting that said never to ask for a cut of the net profit, always ask for the gross. The net is what is left over after everyone else gets paid out of the gross and there's usually nothing left over.  Sleazy folks love using this confusion over net vs. gross to hoodwink people. I remember when oil companies where in the news for their record profits, there would be people posting saying \"\"Oh, well, I'd like to see what the net is. This doesn't take into account exploration, development, and extrapolation data flux coupling. Which is all very expensive. The gross profit means nothing.\"\"\""}
{"_id": "93629", "title": "", "text": "Part of the problem with electric cars is also that they won't allow small commuter vehicles on the roads in most states.  We have a gap between motorcycles and highway capable cars.  Vehicles that are too big to be a motorcycle, but too small to pass crash testing that's needed for a highway vehicle.  The exact size car that you would want for an inner city commute, is illegal or regulated out of usefulness in most states."}
{"_id": "93631", "title": "", "text": "They are $67 each at Costco Pharmacy in Canada. (Two-pack $114). Even though universal medicare coverage does not include a universal drug plan, the Canadian government caps pharmaceutical profit margins, subsidizes prescriptions for certain people and negotiates drug prices for all.   (Universal pharmacare plans are still on the radar and hopefully coming soon)"}
{"_id": "93638", "title": "", "text": "You need to clarify with Bob what your agreement is. If you and Bob are working together on these jobs as partners, you should get a written partnership agreement done by a lawyer who works with software industry entity formation. You can legally be considered a partnership if you are operating a business together, even if there is nothing in writing. The partnership will have its own tax return, and you each will be allocated 50% of the profits/losses (if that's what you agree to). This amount will be reported on your own individual 1040 as self-employment income. Since you have now lost all the expense deductions you would have taken on your Schedule C, and any home office deduction, it's a good idea to put language in the partnership agreement stating that the partnership will reimburse partners for their out-of-pocket expenses. If Bob is just hiring you as a contractor, you give him your SSN, and he issues you a 1099, like any other client. This should be a situation where you invoice him for the amount you are charging. Same thing with Joe - figure out if you're hiring him as an independent contractor, or if you have a partnership. Either way, you will owe income and self-employment tax on your profits. In the case of a partnership, the amount will be on the K-1 from the partnership return. For an independent contractor who's operating as a sole proprietor, you report the income you invoiced for and received, and deduct your expenses, including independent contractors that you hired, on your Schedule C. Talk to your tax guy about quarterly estimated payments. If you don't have a tax guy, go get one. Find somebody people in your city working in your industry recommend. A good tax person will save you more money than they cost. IRS Circular 230 Notice: Please note that any tax advice contained in this communication is not intended to be used, and cannot be used, by anyone to avoid penalties that may be imposed under federal tax law."}
{"_id": "93646", "title": "", "text": "Spectrum-wise, Sprint is actually in the best position of all four major carriers. They have enough nationwide 800 MHz spectrum for good voice and LTE coverage and penetration, and they have enough 2.5 GHz spectrum to outdo every other carrier in capacity. They are the one carrier that really doesn't need any more spectrum right now.  The argument about tower count is largely irrelevant with today's mobile data demand. You will find that Verizon and AT&amp;T have built out at least as densely (and usually much moreso) as Sprint and T-Mobile, even with having 10-20 MHz of 700 MHz spectrum each, precisely because of capacity demands. All four major carriers are rolling out microwave spectrum for capacity (AWS and PCS for Verizon, AT&amp;T, and T-Mobile, and BRS/EBS for Sprint), and dense site placement is going to be a necessity.  The argument about accuracy is also ridiculous considering the performance at the edge-of-cell and in the sector nulls; you're going to need multiple sites regardless if you want acceptable coverage for everyone.  The company hurting the most spectrum-wise is T-Mobile since they only own a few 700 MHz licenses and can't even use them in most places until after the FCC incentive auction next year. AT&amp;T could use a little more microwave, but they do have 20 MHz of WCS nationwide that they're about to start deploying.  EDIT: More info:  http://www.fiercewireless.com/special-reports/how-much-lte-spectrum-do-verizon-att-sprint-and-t-mobile-have-and-where  Those charts do omit the 10x10 WCS AT&amp;T will be deploying, as well as the PCS that Verizon, AT&amp;T, and T-Mobile have/will refarm."}
{"_id": "93656", "title": "", "text": "\"This is trash. No way Willy and Markus did that to bitcoin. It's called trading.  Of course they were actively trading during a giant volatile bubble in which bitcoin jumped 1000s%  just as 10000s of other people were. Mt. Gox is credited with popping the 2013 bubble not inflating it. Even though Mt. Gox got hacked and ddos'd  all the time there is no way bitcoins price was manipulated that much by \"\"Willy\"\" and \"\"Markus\"\" as a result.\""}
{"_id": "93663", "title": "", "text": "I worked for Waffle House (same sort of employee pool) for a good while, they had horrible retention rate for cooks. But in the last few years they started paying a lot better ($14.50 an hour at top rate) now they have people doing the work of what used to take 2."}
{"_id": "93675", "title": "", "text": "\"Eh, for the most part US labeling laws are pretty good. There are exceptions, but most of the time there's a reasonable argument at least. In the above example, it would need to be \"\"made with 100% chicken,' as opposed to \"\"100% chicken.\"\" That seems fair to me. Not that misbranding never occurs, because mistakes happen, and people do also break the law, but misbranding is taken seriously. Even with no safety threat that's still a type three recall.\""}
{"_id": "93705", "title": "", "text": "I'm in Estonia, so a while back I did some coding for a US company, who figured it would be cheaper to outsource to Estonia. Since I had too much on my plate at that time, I outsourced the task to a guy in the US, who was having a hard time finding a job, because of all the outsourcing."}
{"_id": "93706", "title": "", "text": "\"Okay, I  Read a large part of it and stopped. It may have some valid points, ie how chivalry may be dying because of the feminist movement and the equal positions it has created for women. However, blaming the guilt on women for dressing slutty is just as morally bad as the rapist. Rape is something of all times and places, and even in cultures where women are \"\"properly\"\" covered rape happens. It disgusts me that it is trying to justify rape by blaming the victims.\""}
{"_id": "93714", "title": "", "text": "theres nothing you could probably do but hold an intervention or something, and i dont even know how effective that is. maybe gamblers anonymous? im not really sure this is the subreddit for this kind of question."}
{"_id": "93719", "title": "", "text": "Welcome to Rustic Posy, here you buy your favorite flower bouquets at the affordable price. You simply search online, select an arrangement, schedule distribution, and pay by bank card. The whole copes need take no more than a few minutes out of your busy day. The online flower shop will handle the whole process from that point on. We have a great florist team that always manages best flower arrangements that you want. We provide a far more extensive range of blossoms on the internet than at the local plant shops. Search the most online flower shops and distribution solutions have local as well as exotic blossoms. We also provide a big selection of flowers for different events."}
{"_id": "93727", "title": "", "text": "I've looked into Thinkorswim; my father uses it. Although better than eTrade, it wasn't quite what I was looking for. Interactive Brokers is a name I had heard a long time ago but forgotten. Thank you for that, it seems to be just what I need."}
{"_id": "93736", "title": "", "text": "\"Alright, so this is all out of the way.  As a further note, I have a degree in computer science so I'm not oblivious to the technical aspects of bitcoin.  I reject the idea that banning bitcoin is akin to banning the internet - in fact, I reject the notion that bitcoin is anywhere as revolutionary as \"\"the internet\"\" was (which itself, as a construct, is far older than most people let on).    I've always acknowledged that there are many innovative technical aspects to bitcoin which are likely to find their way into our current system of money and transactions.    The reality, however, goes back to my original contentions - that bitcoin is difficult (if not nearly impossible) to track, and thus serves as a black-market vehicle for those who wish to transact outside the power of the government.  Whether or not you see this as \"\"good\"\" or \"\"bad\"\" doesn't matter; \"\"the government\"\" within any defined national border is the plenary power - period - and thus (for lack of a better phrase) \"\"resistance is mostly futile.\"\"\""}
{"_id": "93744", "title": "", "text": "Yes you do. You're under the jurisdiction of at least one country where you're resident, or where you're citizen. You may be under jurisdiction of more than one country. Each country has its own laws about what and how should be taxed and countries have treaties between them to resolve jurisdiction issues and double taxation situations, so you should talk to a tax accountant licensed to provide you with an advice."}
{"_id": "93748", "title": "", "text": "Having night outs and enjoying all your nights by waking up and playing different type of games also makes the summer season full of fun. That is one of the preferred things to do in summer season, by peoples of all age group. Visit us for more details: http://thingstodoinsummertime.blogspot.ca/"}
{"_id": "93765", "title": "", "text": "\"&gt; h that, there's pretty much no real way to look at a menial-style job and say, \"\"That deserves $15 an hour.\"\" &gt; The two reasons above combine and make a strong argument for something like a basic income or drastically  expanded welfare and safety net programs. &gt; A further failing of the \"\"retrai  Agreed.  Growth always leaves certain demographics behind.    I think $15/hour is dependent on location.. in Seattle even @ $15 you're screwed.  In other areas, $15 an hour is great!    The economy is evolving whether we accept it or not.  While re-training certainly shouldn't be the only approach.. it needs to be a big part of the humane solution to displaced workers.\""}
{"_id": "93784", "title": "", "text": "Eh using a benchmark that's designed for Hedge Funds is a little different. I was guessing the other comment was referring to SPX or similar for the 10%. Most people don't understand HF as investment vehicles. They are meant to be market neutral and focused on absolute returns. Yes, you can benchmark them against each other / strategy but most people here seem to think that HFs want to beat the S&amp;P 500."}
{"_id": "93797", "title": "", "text": "&gt;You really shouldn't talk about things when you clearly don't put yourself in a position to be informed on the topic. You're just espousing unhelpful ignorance.  Irony.  &gt;Oh, and also thanks for the downvote, which you broke the rules of this subreddit giving, since my comment clearly contributes to a discussion (that you decided to join). Although, I don't really care about upvotes or downvotes, so feel free to give me another. Or two. Or three. IDC you little twerp.  Its always the people that complain about being downvoted that care about their upvote count."}
{"_id": "93803", "title": "", "text": "The short answer is: the money is yours from the insurance company, they actually can't tell you how to spend it, they can only decide from their tables and your plan, how much you get. The longer answer: Usually the insurance company pays one blanket amount, then itemizes the rest, where you have to submit receipts.  You're also lucky, because damage over time is rarely covered, damage is usually only covered as sudden damage, so they don't pay out for maintenance issues. You can repair your house the way you want, I even do some of my own labor, because some repair jobs just don't get covered what they really cost to do right.   HOWEVER, your mortgage company can withhold part of your claim to verify satisfactory work, this is to maintain the value of the collateral, and the insurance company can choose not to cover pre existing damage.  Generally they don't stray from the assessment.   I do not know of any law that permits an internal inspection of your home without your consent.  They can come look at the outside, but they can't force you to let them inspect inside... Unless they're holding some of your insurance payment hostage, for most banks, receipts are sufficient. A good contractor usually will meet all the needs with an itemized budget and has a bit of wiggle room to fix things the right way, while keeping the bank and mortgage company happy."}
{"_id": "93806", "title": "", "text": "\"Funny how you're talking about short term economics while I'm talking long term projections. Sweden is on the verge of a housing bubble far worse than the one the US saw in 2008. O don't look at last year and the year before I look at what their policies are doing for the future. You're right I've never lived in Europe but countries with a 50% tax rate on income aren't the ideal situation to live just ask switzerland the most stable and consistent economy in all of Europe and arguably the world for the last decade +. Yes they have income tax but not at an outrageous rate and they also have market and personal freedom at level that shadows what we have here \"\"the land of the free\"\" switzerland actually follows our constitution better than our own government does. This country was founded on idea of freedom and states rights. Not an over bearing over reaching federal government. As far as comparing the government to your parents house, that's a comparison clearly made by a simpleton. Your parents role in your life is to teach you responsibility and give your life structure. The government's role is to serve you not steal from you. How did the US make it so long with an income tax?\""}
{"_id": "93808", "title": "", "text": "\"There are a few people that do this for a living. They are called \"\"market makers\"\" or \"\"specialists\"\" in a particular stock. First of all, this requires a lot of capital. You can get burned on a few trades, a process known as \"\"gambler's ruin,\"\" but if you have enough capital to weather the storm, you can make money. Second, you have to be \"\"licensed\"\" by the stock market authorities, because you need to have stock market trading experience and other credentials. Third, you are not allowed to buy and sell at will. In order to do your job, you have to \"\"balance the boat,\"\" that is buy, when others are selling, and sell, when others are buying, in order to keep the market moving in two directions. It's a tough job that requires a lot of experience, plus a license, but a few people can make a living doing this.\""}
{"_id": "93809", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.thenation.com/article/america-has-a-monopoly-problem-and-its-huge/) reduced by 88%. (I'm a bot) ***** &gt; Some century and a quarter ago, America was, in some ways, at a similar juncture: Political and economic power seemed concentrated in a few hands, in ways that were inconsonant with our democratic ideals.  &gt; Importantly, these laws were based on the belief that concentrations of economic power inevitably would lead to concentrations in political power.  &gt; Chicago economists would argue-with little backing in either theory or evidence-that one shouldn&amp;#039;t even worry about monopoly: In an innovative economy, monopoly power would only be temporary, and the ensuing contest to become the monopolist maximized innovation and consumer welfare.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78l28c/america_has_a_monopoly_problemand_its_huge/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234550 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **power**^#1 **market**^#2 **economic**^#3 **economy**^#4 **Monopoly**^#5\""}
{"_id": "93814", "title": "", "text": "The shortest-hand yet most reliable metric is daily volume / total shares outstanding.  A security with a high turnover rate will be more efficient than a lower one, ceteris paribus. The practical impacts are tighter spread and lower average percentage change between trades.  A security with a spread of 0% and an average change of 0% between trades is perfectly efficient."}
{"_id": "93816", "title": "", "text": "Sterilize the whales, enforce rules to prevent SeaWorld from ever acquiring another whale, triple the size of the living areas for the whales (or even quadruple), allow them to perform if they want to, and enforce rules that no human will touch these whales ever again unless for medical procedures (more to prevent more humans from being killed).   I feel like that would work. SeaWorld gets good PR for increasing the living area, they can't acquire anymore whales, and the whole issue is a non-issue in 20+ years when all the whales are dead and then we can go back to SeaWorld again.   Edit: I would also suggest the same thing for all of the current show animals. If they are to be kept, they can not be used in shows and must have a natural-esque habitat."}
{"_id": "93821", "title": "", "text": "What is the per capita increase that they are anticipating for full-time employees? This is not meant to be a political question, I'm just curious what the actual number is :P  &gt;The test entails increasing the number of workers on part-time status, meaning they work less than 30 hours a week. Under the new health care act, companies will be required to provide health care to full-time employees by 2014. That would significantly boost labor costs for businesses."}
{"_id": "93826", "title": "", "text": "The point i wanted to make is that you can't rule out war, countries conquered/stole from each other throughout all of history, the only reason we don't now is because of prosperity. Take that away and all bets are off.   The great depression hit all corners of the globe, what's going to happen to the american debt? Whoever bought that is going to want their money back. Is china going to stay friends? What about north korea, when they see countries around them failing, they don't seem too friendly even now. Russia? We don't know enough about their culture to know what their intentions are, to them the americans are just the same, building their military same as everyone else.  The wall-street crash of 1930s was based on speculation and stock investments, the amount of shit piled up, about to explode is so many times bigger. Also, people back then were more prepared for a depression, they were more self-sustainable and lived in communities.   Really, when the economic collapse happens, a huge amount of people are going to die, people with disabilities, those needing medication, morbedly obese etc. They represent a large proportion of the population and they are going to die off within weeks of the collapse.   Without a doubt it will be worse than the great depression. I don't care about the politics, i'm not even american for starters, survive through the shitstorm first."}
{"_id": "93828", "title": "", "text": "You can make a start to learn how to make better investing decisions by learning and understanding what your current super funds are invested in. Does the super fund give you choices of where you can invest your funds, and how often does it allow you to change your investment choices each year? If you are interested in one area of investing over others, eg property or shares, then you should learn more on this subject, as you can also start investing outside of superannuation. Your funds in superannuation are taxed less but you are unable to touch them for another 30 to 35 years. You also need to consider investing outside super to help meet your more medium term goals and grow your wealth outside of super as well. If you are interested in shares then I believe you should learn about both fundamental and technical analysis, they can help you to make wiser decisions about what to invest in and when to invest.  Above is a chart of the ASX200 over the last 20 years until January 2015. It shows the Rate Of Change (ROC) indicator below the chart. This can be used to make medium to long term decisions in the stock market by investing when the ROC is above zero and getting out of the market when the ROC is below zero. Regarding your aggressiveness in your investments, most would say that yes because you are still young you should be aggressive because you have time on your side, so if there is a downturn in your investments then you still have plenty of time for them to recover. I have a different view, and I will use the stock market as an example. Refer back to the chart above, I would be more aggressive when the ROC is above zero and less aggressive when the ROC is below zero. How can you relate this to your super fund? If it does provide you to change your investment choices, then I would be invested in more aggressive investments like shares when the ROC crosses above zero, and then when the ROC moves below zero take a less aggressive approach by moving your investments in the super fund to a more balanced or capital guaranteed strategy where less of your funds are invested in shares and more are invested in bonds and cash. You can also have a similar approach with property. Learn about the property cycles (remember super funds usually invest in commercial and industrial property rather than houses, so you would need to learn about the commercial and industrial property cycles which would be different to the residential property cycle). Regarding your question about SMSFs, if you can increase your knowledge and skills in investing, then yes switching to a SMSF will give you more control and possibly better returns. However, I would avoid switching your funds to a SMSF right now. Two reasons, firstly you would want to increase your knowledge as mentioned above, and secondly you would want to have at least $300,000 in funds before switching to a SMSF or else the setup and compliance costs would be too high as a percentage of your funds at the moment ($70,000). You do have time on your side, so whilst you are increasing your funds you can use that time to educate yourself in your areas of interest. And remember a SMSF is not only an investment vehicle whilst you are building your funds during your working life, but it is also an investment vehicle when you are retired and it becomes totally tax free during this phase, where any investment returns are tax free and any income you take out is also tax free."}
{"_id": "93836", "title": "", "text": "\"Because ETFs, unlike most other pooled investments, can be easily shorted, it is possible for institutional investors to take an arbitrage position that is long the underlying securities and short the ETF.  The result is that in a well functioning market (where ETF prices are what they should be) these institutional investors would earn a risk-free profit equal to the fee amount. How much is this amount, though? ETFs exist in a very competitive market.  Not only do they compete with each other, but with index and mutual funds and with the possibility of constructing one's own portfolio of the underlying.  ETF investors are very cost-conscious. As a result, ETF fees just barely cover their costs.  Typically, ETF providers do not even do their own trading.  They issue new shares only in exchange for a bundle of the underlying securities, so they have almost no costs.  In order for an institutional investor to make money with the arbitrage you describe, they would need to be able to carry it out for less than the fees earned by the ETF.  Unlike the ETF provider, these investors face borrowing and other shorting costs and limitations. As a result it is not profitable for them to attempt this.  Note that even if they had no costs, their maximum upside would be a few basis points per year.  Lots of low-risk investments do better than that. I'd also like to address your question about what would happen if there was an ETF with exorbitant fees.  Two things about your suggested outcome are incorrect.   If short sellers bid the price down significantly, then the shares would be cheap relative to their stream of future dividends and investors would again buy them.  In a well-functioning market, you can't bid the price of something that clearly is backed by valuable underlying assets down to near zero, as you suggest in your question. Notice that there are limitations to short selling.  The more shares are short-sold, the more difficult it is to locate share to borrow for this purpose.  At first brokers start charging additional fees.  As borrowable shares become harder to find, they require that you obtain a \"\"locate,\"\" which takes time and costs money.  Finally they will not allow you to short at all.  Unlimited short selling is not possible. If there was an ETF that charged exorbitant fees, it would fail, but not because of short sellers.  There is an even easier arbitrage strategy: Investors would buy the shares of the ETF (which would be cheaper than the value of the underlying because of the fees) and trade them back to the ETF provider in exchange for shares of the underlying.  This would drain down the underlying asset pool until it was empty.   In fact, it is this mechanism (the ability to trade ETF shares for shares of the underlying and vice versa) that keeps ETF prices fair (within a small tolerance) relative to the underlying indices.\""}
{"_id": "93853", "title": "", "text": "If you have a mortgage, making part of it a mortgage-backed overdraft (ANZ call theirs a Flexi loan) is worth looking at. I'm in a similar situation, consulting since 2010. I pay GST and provisional tax every six months. If I've budgeted right, the balance on the mortgage-backed overdraft loan goes to zero right before I send the massive payment to the tax department in May and October.  One problem is that some banks don't like to give these accounts to sole traders. Using a mortgage broker may help get around that restriction."}
{"_id": "93866", "title": "", "text": "I'm talking about transporting the goods and services necessary for a company to do business. No rent money involved. In fact, we somewhat already have that in the form of FedEx.   Now if you don't think private companies could do the same for other facets of infrastructure, then you are just confused."}
{"_id": "93872", "title": "", "text": "Contrary to what many people think, credit card companies pass nearly all fraud costs via purchased goods onto the merchant who sells them. As a result, they stand a very high chance of getting the money from a fraudulent purchase of a specific purchased item back, as they just chargeback the merchant who has to stomach the cost. This is not the case for cash transactions obviously, where as soon as the money leaves the ATM fraudulently it is as good as gone. As a result, the risk profile of the two types of transaction is wildly different, and the credit limits of each reflect this."}
{"_id": "93881", "title": "", "text": "It doesn't make any financial sense for you personally, because the impact on the debt would be so little it would have no significant benefit to you, and you'd be out the money you donated."}
{"_id": "93882", "title": "", "text": "\"I hope a wall of text with citations qualifies as \"\"relatively easy.\"\" Many of these studies are worth quoting at length. Long story short, a great deal of research has found that actively-managed funds underperform market indexes and passively-managed funds because of their high turnover and higher fees, among other factors.  Longer answer: Chris is right in stating that survivorship bias presents a problem for such research; however, there are several academic papers that address the survivorship problem, as well as the wider subject of active vs. passive performance. I'll try to provide a brief summary of some of the relevant literature.  The seminal paper that started the debate is Michael Jensen's 1968 paper titled \"\"The Performance of Mutual Funds in the Period 1945-1964\"\". This is the paper where Jensen's alpha, the ubiquitous measure of the performance of mutual fund managers, was first defined. Using a dataset of 115 mutual fund managers, Jensen finds that The evidence on mutual fund performance indicates not only that these 115 mutual funds were on average not able to predict security prices well enough to outperform a buy-the-market-and-hold policy, but also that there is very little evidence that any individual fund was able to do significantly better than that which we expected from mere random chance. Although this paper doesn't address problems of survivorship, it's notable because, among other points, it found that managers who actively picked stocks performed worse even when fund expenses were ignored. Since actively-managed funds tend to have higher expenses than passive funds, the actual picture looks even worse for actively managed funds. A more recent paper on the subject, which draws similar conclusions, is Martin Gruber's 1996 paper \"\"Another puzzle: The growth in actively managed mutual funds\"\". Gruber calls it \"\"a puzzle\"\" that investors still invest in actively-managed funds, given that their performance on average has been inferior to that of index funds. He addresses survivorship bias by tracking funds across the entire sample, including through mergers. Since most mutual funds that disappear are merged into existing funds, he assumes that investors in a fund that disappear choose to continue investing their money in the fund that resulted from the merger. Using this assumption and standard measures of mutual fund performance, Gruber finds that mutual funds underperform an appropriately weighted average of the indices by about 65 basis points per year. Expense ratios for my sample averaged 113 basis points a year. These numbers suggest that active management adds value, but that mutual funds charge the investor more than the value added. Another nice paper is Mark Carhart's 1997 paper \"\"On persistence in mutual fund performance\"\" uses a sample free of survivorship bias because it includes \"\"all known equity funds over this period.\"\" It's worth quoting parts of this paper in full: I demonstrate that expenses have at least a one-for-one negative impact on fund performance, and that turnover also negatively impacts performance. ... Trading reduces performance by approximately 0.95% of the trade's market value.  In reference to expense ratios and other fees, Carhart finds that The investment costs of expense ratios, transaction costs, and load fees all have a direct, negative impact on performance. The study also finds that funds with abnormally high returns last year usually have higher-than-expected returns next year, but not in the following years, because of momentum effects. Lest you think the news is all bad, Russ Wermer's 2000 study \"\"Mutual fund performance: An empirical decomposition into stock\u2010picking talent, style, transactions costs, and expenses\"\" provides an interesting result. He finds that many actively-managed mutual funds hold stocks that outperform the market, even though the net return of the funds themselves underperforms passive funds and the market itself.  On a net-return level, the funds underperform broad market indexes by one percent a year. Of the 2.3% difference between the returns on stock holdings and the net returns of the funds, 0.7% per year is due to the lower average returns of the nonstock holdings of the funds during the period (relative to stocks). The remaining 1.6% per year is split almost evenly between the expense ratios and the transaction costs of the funds. The final paper I'll cite is a 2008 paper by Fama and French (of the Fama-French model covered in business schools) titled, appropriately, \"\"Mutual Fund Performance\"\". The paper is pretty technical, and somewhat above my level at this time of night, but the authors state one of their conclusions bluntly quite early on: After costs (that is, in terms of net returns to investors) active investment is a negative sum game.  Emphasis mine. In short, expense ratios, transaction costs, and other fees quickly diminish the returns to active investment. They find that The [value-weight] portfolio of mutual funds that invest primarily in U.S. equities is close to the market portfolio, and estimated before fees and expenses, its alpha is close to zero. Since the [value-weight] portfolio of funds produces an \u03b1 close to zero in gross returns, the alpha estimated on the net returns to investors is negative by about the amount of fees and expenses. This implies that the higher the fees, the farther alpha decreases below zero. Since actively-managed mutual funds tend to have higher expense ratios than passively-managed index funds, it's safe to say that their net return to the investor is worse than a market index itself. I don't know of any free datasets that would allow you to research this, but one highly-regarded commercial dataset is the CRSP Survivor-Bias-Free US Mutual Fund Database from the Center for Research in Security Prices at the University of Chicago. In financial research, CRSP is one of the \"\"gold standards\"\" for historical market data, so if you can access that data (perhaps for a firm or academic institution, if you're affiliated with one that has access), it's one way you could run some numbers yourself.\""}
{"_id": "93889", "title": "", "text": "Dry Dead Skin- Due Body Countouring to city pollution and presence of harmful gases in the atmosphere our skin is getting affected day by day its making our skin dull and dry. It will make one look unattractive. It is very important to restore the natural shine and smoothness of your skin as soon as possible before the pollution will do the worse of his effects on your skin."}
{"_id": "93890", "title": "", "text": "\"The main difference between a bull market and a bear market is due the \"\"the leverage effect\"\". http://www.princeton.edu/~yacine/leverage.pdf The leverage effect refers to the observed tendency of an asset\u2019s   volatility to be negatively correlated with the asset\u2019s returns.   Typically, rising asset prices are accompanied by declining   volatility, and vice versa. The term \u201cleverage\u201d refers to one possible   economic interpretation of this phenomenon, developed in Black (1976)   and Christie (1982): as asset prices decline, companies become   mechanically more leveraged since the relative value of their debt   rises relative to that of their equity. As a result, it is natural to   expect that their stock becomes riskier, hence more volatile. More volatile assets in a bear market are not such good investments as less volatile assets in a bull market.\""}
{"_id": "93897", "title": "", "text": "I don't think the two are particularly linked.  While Brick is right in that the price of oil is denominated in dollars, I don't think that's responsible for most of the movement here. Oil has been weak for intrinsic reasons related to oil: supply/demand imbalance, largely.  (Oil also was way over-priced back when it was > $100 a barrel; a lot of that was due to worries about instability in the Middle East.) The dollar has been strong for other, separate intrinsic reasons.  The American economy has had a stronger rebound than Europe or Asia; while we were hit hard in the 2008 recession, we rebounded pretty quickly from a whole-economy point of view (we still have a lot of weaknesses in terms of long-term unemployment, but that doesn't seem to be hurting our productivity much).   Pick another time period, and you won't necessarily see the same matching path (and I would even say that those paths don't match particularly well).  Marketwatch covered this for example; other sites show similar things.  There is a weak correlation, but only in the short term, or for specific reasons."}
{"_id": "93903", "title": "", "text": "It's not so much of a technical issue as much as the tradeoff in energy efficiency, weight, powertrain loss, and several other variables. With a casual consideration for transmission choice, a CVE seems like it'd actually be the optimal choice if we could make one that wouldn't rapidly disassemble itself with such massive amounts of low end torque."}
{"_id": "93925", "title": "", "text": "AusShred is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Melbourne"}
{"_id": "93936", "title": "", "text": "However what actually appears to happen is that the 100k is invested into the company to fund some growth plan. So is it actually the case that E's company is worth 400k only AFTER the transaction? Is the 100k added to the balance sheet as cash and would the other 300k be listed as an IP asset? The investor gets 25% of the shares of the company and pays $100k for them, so Owner's Equity increases by $100k, and the company gets $100k more in cash. The $400k number is an implicit calculation: if 25% of the company is worth $100k, 100% of the company is worth $400k. It's not on the books: the investor is just commenting that they feel that they are being over-charged."}
{"_id": "93969", "title": "", "text": "\"Would love to see it happen but unfortunately agree with you. There is already demand for a non-cable ISP but telecoms have dug in for the long fight and are actively fighting these out of existence.  Combine this with the fact that new media still needs to get it's content from somewhere and a ton of this content is owned by cable providers. They were willing to experiment with these new media sources when they were a tiny slice of the pie but now that new media is gaining mass market appeal, they want to massively overcharge for content to either a) drive the companies out of business or b) continue reaping their insane profits. The telecoms essentially have a monopoly and are using that to prolong the existence of dying businesses..  I see this playing out in one of several ways.  1. The government wises up and either breaks up the monopolies or allows internet to become available through other means (as a public utility or allowing these \"\"mom and pop\"\" ISP's to exist). Don't know about the rest of the world but it will be a while before this happens in the US.  2. New media providers find way to distribute and market independent content and rid themselves of at least one factor holding them back. Unfortunately most people don't seem to be interested in independent content. I would suspect this is largely due to these companies owning the vertical and telling you what you should watch as well.  3. These companies die a long slow and painful death at the hands of piracy at which point a sane and legal way of getting content is free to exist without being squashed out of existence.\""}
{"_id": "93971", "title": "", "text": "For all stocks, expected Dividends are a part of the price it is traded for - consider that originally, the whole idea of stocks was to participate in the earnings of the company = get dividends. The day the dividend is paid, that expectation is of course removed, and thereby the stock value reduced by just the amount of dividend paid. You will see that behavior for all stocks, everywhere. The dividend in your example is just uncommonly high relative to the stock price; but that is a company decision - they can decide whatever amount they want as a dividend. In other words, the day before dividend payments, investors value the stock at ~14 $, plus an expected dividend payment of 12 $, which adds to 26 $. The day after the dividend payment, investors still value the stock at ~14 $, plus no more dividend payment = 0 $. Nothing changed really in the valuation."}
{"_id": "93972", "title": "", "text": "Checks actually have a limited lifespan before the bank no longer has to honor them, which simplifies this question. After about 6 months you assume that check won't be cashed. If they find it after that, you write them a new check. If they don't, you really should pester them to do so."}
{"_id": "93978", "title": "", "text": "The barrier to entry is extremely high in the ISP world. You either have to piggyback on an existing ISP and their lines, or you lay your own. Obviously Google is going with the latter, which is a huge undertaking that not only involves the work to actually lay the fiber, but also get regulatory approval and the funds to do so. They have the resources to do this, but only when the cities cooperate and work with them. Then there's the work involved with setting up all of the networking infrastructure to actually route customer traffic, set up peering agreements, etc. Basically, there are two kinds of entities that can do all this: existing ISPs (who obviously want to maintain the status quo), and companies with lots of influence and money and technical resources. You won't find a startup doing what Google is doing, at least not without some big players backing them."}
{"_id": "93999", "title": "", "text": "Right now I'm busy trying a graphlab recommender that works with the MovieLens data set. Recommender systems are worth studying because search results are being generated according to these algorithms. When you Google something you don't see what everyone else sees. The search results were tailed to your search history and Google user profile."}
{"_id": "94007", "title": "", "text": "Quite a lot changed since back then, so I consider it highly unlikely that you could point to one single cause. You can think about it more clearly when you remove money from the equation. Know that money is only an intermediary in the exchange of goods, and it is in fact the exchanged goods that matter. So to reframe your question. You produce some goods and exchange them for the goods you consume. The amount of goods that you can exchange what you produced for determines your quality of life. So what parts could change?  1. you could actually produce less. The alledged increase in productivity is really hard to accurately measure because even if you know for a fact that one worker's producitivity increased when buying a machine, maybe that comes at a cost of less productivity in other areas.  2. Not everything that you pay for does actually increase your quality of life, for example speeding tickets don't. Other stuff might increase your quality of life but in a manner that you don't easily recognize. For example more prisoners that you pay for might reduce your chance of being mugged, however if you're not being mugged on a regular basis you wouldn't notice.  3. Other people get a higher percentage. Most countries' tax rates rise with rising income, so when the currency is being devalued, tax rates rise relative to your purchasing power in addition to other taxes and fees that might be introduced or increased. But even without government your bosses might simply take a bigger cut of the company's earnings.  4. We might produce the wrong stuff. If more stuff gets produced that you do not want. The production of the stuff you do want will decline even if total productivity is increased.  And that is only what I can think of from the top of my head. You will probably find that all of those happen and most likely other causes as well."}
{"_id": "94011", "title": "", "text": "I didn't say anything about the financial sector as a whole shrinking, I said that a lot of high paying jobs in that sector were lost and won't be replaced. Maybe some of those people found jobs in other parts of the financial sector, but likely at lower salaries.  Meanwhile jobs in other sectors are being added, which happen to have a lower average salary.   The author is drawing false conclusions from his data set, which is too sparse to be considered serious economic analysis in the first place."}
{"_id": "94015", "title": "", "text": "It's unmanaged resources you have to be an idiot to put your private corporate dateaup there even if  it is locally encrypted.  I work for a large company that deals with a lot of high end tech patents and we just had a huge security issue come up because our engineers were using Dropbox with internal items.   We have now setup Mobilecho for a corporate Dropbox and will be deploying that across the board on top of our mobileiron mdm solution."}
{"_id": "94023", "title": "", "text": "It doesn't matter.  The effect of that money being spent and entering into the economy as a whole is strongly positive.  This moralist argument is that unemployment is somehow tempting or enjoyable, but the only real support for that is the loathing associated with it.  Fighting with imaginary demons can hurt real people and economies."}
{"_id": "94040", "title": "", "text": "Short-term to intermediate-term corporate bond funds are available. The bond fund vehicle helps manage the credit risk, while the short terms help manage inflation and interest rate risk. Corporate bond funds will have fewer Treasuries bonds than a general-purpose short-term bond fund: it sounds like you're interested in things further out along the risk curve than a 0.48% return on a 5-year bond, and thus don't care for the Treasuries. Corporate bonds are generally safer than stocks because, in bankruptcy, all your bondholders have to be paid in full before any equity-holders get a penny. Stocks are much more volatile, since they're essentially worth the value of their profits after paying all their debt, taxes, and other expenses.  As far as stocks are concerned, they're not very good for the short term at all. One of the stabler stock funds would be something like the Vanguard Equity Income Fund, and it cautions: This fund is designed to provide investors with an above-average level   of current income while offering exposure to the stock market. Since   the fund typically invests in companies that are dedicated to   consistently paying dividends, it may have a higher yield than other   Vanguard stock mutual funds. The fund\u2019s emphasis on slower-growing,   higher-yielding companies can also mean that its total return may not   be as strong in a significant bull market. This income-focused fund   may be appropriate for investors who have a long-term investment goal   and a tolerance for stock market volatility. Even the large-cap stable companies can have their value fall dramatically in the short term. Look at its price chart; 2008 was brutal. Avoid stocks if you need to spend your money within a couple of years. Whatever you choose, read the prospectus to understand the risks."}
{"_id": "94050", "title": "", "text": "I definitely agree. But this is the least click baity and most unbiased article I\u2019ve seen about this topic. A lot of outlets are trying to frame it to look like they just fired a bunch of people for no reason."}
{"_id": "94054", "title": "", "text": "I am not aware of that ha. I really know nothing. I was just thrown into it one day and came up with my own thoughts on what I wanted to do then it just kept happening. This is me stepping back and actually trying to learn. Maybe I\u2019m not doing so bad though so that\u2019s good to hear"}
{"_id": "94059", "title": "", "text": "Not that much money gets stuffed into mattresses, but a lot of money enters the black market and cannot be used until cleaned, a lot of money enters offshore banks to hide it, a lot of money that is intended to be trickled down to consumers for the purposes of commerce gets diverted into consolidating ownership of corporations, etc. There is definitely a tipping point at which consumers lack liquidity to participate in constant commerce, which impedes economic performance, without a doubt, depending on the extent it undermines opportunity."}
{"_id": "94062", "title": "", "text": "200% margin for a short sale is outrageous. You should only need to put up 150% margin, of which 50% is your money, and the 100% is the proceeds.  With $100 of your money, you should be able to buy $100 of GOOG and short $100 of PNQI."}
{"_id": "94066", "title": "", "text": "\"It's not a scam because you lose money. It's a scam because the way to make money is by signing up other people to be part of your \"\"sales team\"\" or whatever they call it. You're not making money by selling products, you're making money by signing schmucks up who hopefully go on to sign up more schmucks.\""}
{"_id": "94073", "title": "", "text": "\"Yesterday I was reading in the travel StackExchange about an Indian guy who was about to hand his passport over to his Employer in Africa. His problem was that he had taken an unauthorized trip back to India against orders, but still - he was about to hand over his passport to his foreign employer. And he had nothing on his mind other than how to please his employer to keep his job.   This is the reality for a lot of people. They either don't have leverage, or don't know what leverage they do have. I'm a programmer, and I know because I've been told - reading, engaging in the community, and gaining real experience.    Remember that other people can be younger, less skilled, more naive, more easily intimidated, and it doesn't make them stupid or worse people.   Why would anyone let their employer stick a chip in their body? Because they don't know any better. Because the employer is an authority, or they want the job, or the are scared of the consequences if they don't.   Posting that it's a bad idea is a good step to helping people. They can google \"\"Should I let my Employer Stick A Microchip Into My Body?\"\" and find this. Call out Three Square Market, and their stupid idea.\""}
{"_id": "94076", "title": "", "text": "index ETF tracks indented index (if fund manager spend all money on Premium Pokemon Trading Cards someone must cover resulting losses) Most Index ETF are passively managed. ie a computer algorithm would do automatic trades. The role of fund manager is limited. There are controls adopted by the institution that generally do allow such wide deviations, it would quickly be flagged and reported. Most financial institutions have keyman fraud insurance. fees are not higher that specified in prospectus Most countries have regulation where fees need to be reported and cannot exceed the guideline specified. at least theoretically possible to end with ETF shares that for weeks cannot be sold Yes some ETF's can be illiquid at difficult to sell. Hence its important to invest in ETF that are very liquid."}
{"_id": "94084", "title": "", "text": "Read your link. Thanks.  The basic idea is that capitalism will work it out. And that each of us will pay a security agency to handle our disputes, and that rival security agencies will collaborate and negotiate with each other. And that private courts will be fair to protect their brand.  This overlooks some harsh realities that already exist with capitalism. Customers generally do not have time to purchase based on accurate information for every product. For example, airlines compete almost solely on price. Insurance companies compete on price and provide horrible, sometimes fraudulent service. But customers are left in the dark (who is to say the insurer committed fraud if it disputes it?) Banks operate with gross incompetence and deceipt and are left untouched by the justice system.   We have already discovered that just letting corporations operate without an restrictions creates serious problems. There has to be force that tempers their worst tendencies, even if that force (government) is imperfect.   I remain confused why people think that corporations are somehow more trustworthy and efficient than government agencies. Or that corporations can be used to address externalities."}
{"_id": "94088", "title": "", "text": "\"It depends on when you can get the money, not when you know that you won or when you choose to take the ticket in.  If you can present your ticket this year and get paid this year, the taxes are due this year, whether or not you actually choose to claim the prize this year.  If you cannot receive payment until next year, then taxes will be due next year.  This is \"\"constructive receipt,\"\" which applies to most individual tax situations. This assumes that you chose to receive a lump sum.  If you get installments, then your taxes would be due as the installments are available, but the constructive receipt still applies.\""}
{"_id": "94089", "title": "", "text": "\"The gold itself isn't debt, but most people stashed their gold away in a \"\"bank\"\" of some sort and got a piece of paper saying something along the lines of (Reddit bank owes you 50 grams of gold) and you would trade this as a form of money.\""}
{"_id": "94117", "title": "", "text": "This can be best explained with an example. Bob thinks the price of a stock that Alice has is going to go down by the end of the week, so he borrows a share at $25 from Alice. The current price of the shares are $25 per share. Bob immediately sells the shares to Charlie for $25, it is fair, it is the current market price. A week goes by, and the price does fall to $20. Bob buys a share from David at $20. This is fair, it is the current market value. Then Bob gives the share back to Alice to settle what he borrowed from her, one share. Now, in reality, there is interest charged be Alice on the borrowed value, but to keep it simple, we'll say she was a friend and it was a zero interest loan. So then Bob was able to sell something he didn't own for $25 and return it spending $20 to buy it, settling his loan and making $5 in the transaction. It is the selling to Charlie and buying from David (or even Charlie later, if he decided to dump the shares), without having invested any of your own money that earns the profit."}
{"_id": "94140", "title": "", "text": "Solve your business issues more accurately with our SAP netweaver development &amp; support services @Apprisia. We help you implement key scenarios including B2B EDI integration, browser based access to SAP, etc. Visit us at www.apprisia.com for more details."}
{"_id": "94152", "title": "", "text": "\"Other than the inconvienent fact that Treasury cannot sell to the Fed by law your theory is nice. You forget the step where the open market buys from the Treasury since they desire bonds to invest in, and the Fed can buy only from the open market.  Secondly, the Fed does not give cash to the Treasury. The mint (a branch of the Treasury, not the Fed) prints cash.  So it seems your understanding of how the money system works is quite wrong, yet since this is the Economy subreddit instead of the Economics subreddit, I expect you to get upvotes for saying what is popular even though it is laughably incorrect.  You seem to not like cash that was not \"\"even existing previously\"\". All cash was not existing previously. How do you expect people to make transactions? Barter?  You call them interest free loans (but above claimed they will never be paid back?), but then the Fed is making a profit on them? It seems you contradict yourself with all that handwaving.  It would be interesting for you to explain how (and why) money (not cash) gets added and removed to the economy.   Yay for ignorance!\""}
{"_id": "94154", "title": "", "text": "It's funny how the general public only complains about over regulation of companies when it's not in their favor. There's a reason so many businesses owners are GOP or Libertarian, the government is trying to do a lot of hand holding and micromanagement which is awful."}
{"_id": "94158", "title": "", "text": "A *lot* of big companies offer credit cards. And it makes total sense. For example, if you have a Macy's card, you get access to special discounts that you wouldn't normally get. It saves the consumer money and builds loyalty to the brand. Same for Southwest credit cards. It's a completely normal move.  EDIT: Also, Uber doesn't actually have to do much - it's the issuing bank that manages the program. *Most* of the branded credit cards you see are Chase, BTW. Amazon and Southwest are both run by Chase."}
{"_id": "94159", "title": "", "text": "\"I don't have anything definitive, but in general positions in a company are not affected materially by what is called a corporate action. \"\"Corp Actions\"\" can really be anything that affects the details of a stock. Common examples are a ticker change, or exchange change, IPO (ie a new ticker), doing a split, or merging with another ticker. All of these events do not change the total value of people's positions. If a stock splits, you might have more shares, but they are worth less per share. A merger is quite similar to a split. The old company's stock is converted two the new companies stock at some ratio (ie 10 shares become 1 share) and then converted 1-to-1 to the new symbol. Shorting a stock that splits is no different. You shorted 10 shares, but after the split those are now 100 shares, when you exit the position you have to deliver back 100 \"\"new\"\" shares, though dollar-for-dollar they are the same total value. I don't see why a merger would affect your short position. The only difference is you are now shorting a different company, so when you exit the position you'll have to deliver shares of the new company back to the brokerage where you \"\"borrowed\"\" the shares you shorted.\""}
{"_id": "94202", "title": "", "text": "\"There are healthy people and there are sick people. Each are that way because of their genetics, behavior, and (somewhat) luck.   To some extent health insurance is insurance, and covers that luck... But mostly the Affordable Care Act and healthCare.gov are about health care... It's a scheme to allocate burdens, not to insure against risk.   Healthy people dont think this is fair. \"\"When I invest time at the gym, invest money and time on healthy food, invest in learning healthy habits... And someone else doesn't... Why should I have to pay for their heart replacement? The freerider chooses to risk heart disease while I foot their bill, I pay twice prevention for myself and a cure for him, while he increases the cost for us all. \"\"  Genetics is a touchy subject, but... if someone has a hugely expensive heridatible disease... Should that person and their spouse bear the burdens of having and raising their kids? If they can't afford to do so, should the rest of society have to take money away from their own families to finance that family's reproduction?\""}
{"_id": "94205", "title": "", "text": "I boycott a lot of overseas products. I think it's bullshit if you want to take your business out of the U.S to avoid taxes than don't expect to sell in the U.S.  You cannot have your  cake and eat it too."}
{"_id": "94217", "title": "", "text": "Obama did a fine job that doesn't mean the spike immediately after trump was elected was because of Barack. Also the economy collapsing because of shitty housing loans really can't be blamed on GWB but you seem like a blue team player so whatever"}
{"_id": "94229", "title": "", "text": "\"I think he makes a little mistake here:  &gt; And so, we might see that there has been this tendency for our psychology and our humanity to be less and less innovative, at a time when, in fact, we may need to be more and more innovative, if we're going to be able to survive the vast numbers of people on this earth.  In the first part of the sentence, he is talking about our \"\"per capita\"\" rate of innovation, i.e., we as individuals don't have to be as innovative to benefit as much as we used to because we have more access to innovative ideas, and hence can get that benefit from better copying.  In the latter part of the sentence, the \"\"need to be more and more innovative\"\", he's talking about the cumulative innovation, not per capita. The argument contradicts itself because the reason we *can* be individually less innovative is because we can produce *the same or greater* cumulative innovation by aggregating fewer local innovations over more people.  This is how idea evolution (i.e., memetics) works as opposed to material wealth. Say, for instance, we all contribute a little to GDP. If there are more people contributing, GDP will grow. But we each can only access our little portion of it, so GDP per capita really tells a better story.  Ideas don't work like that. If we aggregate everyone's useful innovations into an \"\"innovation GDP\"\", we all share the full cumulative GDP. It doesn't get divided such the we can only access a small portion of the idea. Hence less per capita contribution can still produce more \"\"innovation value\"\". So in the latter sense we are becoming \"\"more innovative\"\" on aggregate.  He also seems to miss the important factor of efficiency. We have evolved means to make selection of *good* ideas more efficient via, for instance, the scientific method. Hence with the same or less innovation at the hypothesis level, we can produce more useful idea output with less effort (trial and error).  He has some good discussion points, but I think he's missed a few key parts of the math.\""}
{"_id": "94230", "title": "", "text": "If the question is where banks get the money used to pay interest they owe: they do so by lending that money to us at a higher interest rate. They make a gross profit from the interest we pay, they pass part of that to their depositors as interest, part of it goes to service their own debts, part of it may go to stockholders as dividends, and the rest is net profit."}
{"_id": "94237", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.aljazeera.com/news/2017/10/palestinian-minors-arrested-israel-suffer-abuse-171024215105404.html) reduced by 94%. (I'm a bot) ***** &gt; He is one of the hundreds of Palestinian minors in the occupied territories that are arrested by Israel on a yearly basis.  &gt; Unprotected: The detention of Palestinian Teenagers in East Jerusalem&amp;quot;, includes 60 affidavits collected from Palestinian teenagers who were arrested by Israel between May 2015 and October 2016.  &gt; According to the Palestinian prisoner rights group Addameer, more than 12,000 Palestinian children have been arrested by Israel since 2000.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78n26s/palestinian_minors_arrested_by_israel_suffer_abuse/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234725 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **arrest**^#1 **Israeli**^#2 **minor**^#3 **Palestinian**^#4 **right**^#5\""}
{"_id": "94244", "title": "", "text": "\"I mean that is disjointed, are you implying the financial collapse of Hoover and Coolidge was the result of government entitlement programs and that the New Deal was other than that? You've got things reversed, the stock market collapse was financial deregulation and speculation with hands off free market principals you seem to root for. The New Deal and Truman Doctrine expanded entitlements and have avenues for access to education, trade skills, work digging and filling holes, publicly funded infrastructure and technology. Truman in fact wanted a single payer system. \"\"Concrete\"\" economics work, the hand of the free market cannot fill the void left by withdrawal of public funding.\""}
{"_id": "94259", "title": "", "text": "Preparation &amp; processing an application for obtaining Code Number / sub -code number to the newly establishment &amp; Branch office in various part of states for extending the benefit of ESI Scheme to employees employed in that regions. We would process an online application to obtain TIC of newly joined employees within 10 days from the date of joining and data for the same shall be provided by you in time. We would be retrieving the Individual Insurance No.s &amp; maintain their contributions in the devised ESIC Register to be maintained. Monthly Payment Challans to be computed online and same shall be forwarded to you for payment on or before 21st of every month. To ensure payment before due date, data shall be provided in time. Preparation and compilation of Half Yearly Returns and Annual Returns would be our responsibility in cases where manual challan is prepared. All the Payments and Returns would be filed within the stipulated time and the adherence would be monitored by us. Guidelines to the Insured Persons (I.P.) pertaining to the Benefits under the ESIC Act, 1948 and provision of Information related to Insurance Medical Practitioner(Imp's) and Hospitals through ESIC. We would be liasoning on behalf of the establishment with the Regional Office &amp; Branch Office for ensuring smooth functioning. We would also be attending the periodical Inspections and hearings on behalf of the establishment. The Responsibility of the Assessment would be limited for the period which would be coverable under our service tenure. We will keep the Company posted on all Amendments &amp; Development of the Act."}
{"_id": "94262", "title": "", "text": "There are two basic kinds of derivatives - forward contracts and options.   A forward is an agreement between two parties for one party to buy/sell some asset to the other at a price that they agree upon today at some date in the future. An option is an agreement that gives one party the right, but not the obligation, to buy/sell the asset at some date in the future.  Most derivatives that exist are a combination of these two things. For instance, a futures contract is a standardized forward contract that is traded on an exchange, and a swap is a portfolio (or chain) of forward contracts linked together. American/Bermudan options are just options that allow you to exercise on more than one day."}
{"_id": "94273", "title": "", "text": "Tell your employer during your initial contract Terms of Service discussions.  Ordinarily, this is boilerplate but you should ask for a rider in your contract which says - in some form - I already have IP, I will continue to work on this IP in my own time, and any benefit or opportunity derived from this IP will continue to be entirely mine. I requested exactly such a rider when I took up a new job just over a year ago and my employer was extremely accommodating.  That I already had a company in which that IP could reside actually made the process easier. As @JohnFX has already mentioned, not telling your employer is both unethical as well as storing up potential legal hassles for you in the futre."}
{"_id": "94279", "title": "", "text": "It certainly is possible for a run on the bank to drive it into insolvency.  And yes, if the bank makes some bad loans, it can magnify the problem. Generally, this does not happen, though.  Remember that banks usually have lots of customers, and people are depositing money and making mortgage payments every day, so there is usually enough on-hand to cover average banking withdrawl activity, regardless of any bad loans they have outstanding. Banks have lots of historical data to know what the average withdrawl demands are for a given day.  They also have risk models to predict the likelihood of their loans going into default.  A bank will generally use this information to strike a healthy balance between profit-making activity (e.g. issuing loans), and satisfying its account holders. In the event of a major withdrawl demand, there are some protections in place to guard against insolvency. There are regulations that specify a Reserve Requirement.  The bank must keep a certain amount of money on hand, so they can't take huge risks by loaning out too much money all at once.  Regulators can tweak this requirement over time to reflect the current economic situation. If a bank does run into trouble, it can take out a short-term loan.  Either from another bank, or from the central bank (e.g. the US Federal Reserve).  Banks don't want to pay interest on loans any more than you do, so if they are regularly borrowing money, they will adjust thier cash reserves accordingly. If all else fails and the bank can't meet its obligations (e.g. the Fed loan fell through), the bank has an insurance policy to make sure the account holders get paid.  In the US, this is what the FDIC is for.  Worst case, the bank goes under, but your money is safe. These protections have worked pretty well for many decades.  However, during the recent financial crisis, all three of these protections were under heavy strain.  So, one of the things banking regulators did was to put the major banks through stress tests to make sure they could handle several bad financial events without collapsing.  These tests showed that some banks didn't have enough money in reserve.  (Not long after, banks started to increase fees and credit card rates to raise this additional capital.) Keep in mind that if banks were unable to use the deposited money (loan it out, invest it, etc), the current financial landscape would change considerably."}
{"_id": "94283", "title": "", "text": "Our Website : http://www.abcdreamusa.com/f2-visa-guide/ Applying for a visa to a foreign country can be a daunting task. It\u2019s enough to make some of us not want to travel or look at destinations that offer visas on arrival! The United States of America (USA) has a stringent visa application process. ABC Dream USA has a geographical advantage to the general company. It involves many steps but the good news is that it\u2019s not impossible to do if you follow the instructions carefully. We hope to simplify the process for you so here\u2019s your USA visa go-to guide."}
{"_id": "94302", "title": "", "text": "Depends on how long you're willing to invest for. Broadly speaking, the best (by which I mean, more reliably repeatable) way to make money from market corrections is to accept them as a fact of life, and not sell in a panic when they happen, such that the money you already invested can ride back up again. Put another way, just invest your money in one or two broad, low cost index funds with dividends reinvested (maybe spreading your investment over the course of six months or so) and then let time do its work. Have you worked out how much you've missed out on by holding your money as cash all this time (I presume you've been saving up a while) instead of investing it as you went? I suspect that by waiting for your correction, you've already missed out on more than you're going to make from that correction."}
{"_id": "94307", "title": "", "text": "Monetizing mobile is just the one thing your regular investor can think of.  FB can create their own customer web browser.  FB-phone.  They're moving into Skype's market with video conferencing and chat.  Their data mining alone is worth a fortune.  They know everything about you plus every site you visit.  In-line newsfeed adverts.  **Now I agree with everything you say**, but their earning potential is huge if they're creative.  For some reason, people think that throwing ads on their mobile is going to be their next big cash cow, when I think it'll be minimal.  The biggest thing to FB's potential success is not driving the user base away.  I'd go long at $22 pretty comfortably."}
{"_id": "94315", "title": "", "text": "La empresa ofrece los mejores alojamientos en Cuba. Si quieres hacer paquetes tur\u00edsticos en Cuba, entonces puedes venir a nuestro sitio web de la compa\u00f1\u00eda. Son diferentes tipos de instalaciones para alquileres de vacaciones. Tenemos una amplia gama de apartamentos, hostales, casas privadas, econ\u00f3micos y lujos distribuidos en las casas de campo. La empresa ofrece la mejor oferta de vacaciones, Cuba es pa\u00eds agradecido por disfrutar de las vacaciones. Tal como la variedad permite al visitante tener Hospedaje en Cuba, ubicados en zonas rurales, ideales para el disfrute del ecoturismo, Alquileres de vacaciones en ciudades con estilo colonial donde el tiempo parece haber dejado de permitir revivir tiempos antiguos. Hasta alojamiento en ciudades o ubicaci\u00f3n de playas para el disfrute de nuestro eterno verano."}
{"_id": "94317", "title": "", "text": "Your best bet would be to add your name to the title through the bank or have her sell it to you for the amount she owes then you get a loan for that amount like they said before. If you guys split up at this point she'll legally get to keep the car you've been paying for. You could apply for a new loan and have her cosign but it'll make your monthly payments higher. Have her sell you the car for the amount owed them you get a loan for that amount. Since you are together and you've been paying for it you won't lose any money and your monthly payments won't be expensive if you don't owe that much on the car. Pretty much having her sell it to you would be the smartest idea cause keeping Her name on the title will allow Her to legally drive away in your car if you split and you don't want that lol"}
{"_id": "94332", "title": "", "text": "The point of unemployment insurance *from a governmental spending perspective* is as stimulus.  The government is interested in keeping society working properly for as many people as possible, it is not concerned with giving *you* money between *your* jobs.  Unemployment insurance helps make sure that recessions do not turn into depressions, because the economy won't grind to a halt as soon as people get fired."}
{"_id": "94336", "title": "", "text": "\"listed simultaneously in New York, London, and maybe even some Asian markets - is this correct? If the exchanges are not connected, then in primary market the shares are listed. On other exchanges, the \"\"Depository Receipts\"\" are listed. i.e. the Company will keep say 100,000 shares with the primary stock exchange / depository. Based on this it would create new instruments \"\"Depository Receipts\"\". They can be 1:1 or whatever ratio. hypothetically, if I want to buy all of the company's stock Even if it is on one exchange, buying all stocks would trigger various regulatory aspects of Companies Act, or Stock Exchange rules. This is not simple or easy like clicking some buttons and buying everything. That is, let's say that in New York the company has listed 1000 shares, and in London only 10 shares, each worth 10 USD Market capitalization is sum of all outstanding shares into value.\""}
{"_id": "94348", "title": "", "text": "&gt; The single payer health care makes it so much easier to be a contractor or to create a startup.   You have no idea how much I want a Single Payer for that exact reason. Also that it would allow everyone to have access to healthcare.   Single payer would not only reduce healthcare burdens on employers but control the cost of healthcare.  I hope we have a state by state implementation of Single Payer."}
{"_id": "94350", "title": "", "text": "\"A golf course project driven by an African-American university trained Hypnotherapist who wants \"\"to see this turned into a great place to live, work and play and have it be predominantly black. A great place to play golf, go to the beach, with great schools, a place that turns out scholars, athletes and artists. A place that\u2019s banging, as they say.\u201d   I love me some internets.\""}
{"_id": "94351", "title": "", "text": "Sure, sure, as long as we shift over to a socialist or post-scarcity economy first.  While I have to compete with the arbitrarily-enhanced for jobs, fuck no I'm not letting them go forward.  Note: I'm in favor of transhumanism, in favor of the Singularity, in favor of post-scarcity economies.  I'm *not* in favor of capitalism, which makes human progress into a danger to be contained."}
{"_id": "94373", "title": "", "text": "\"It is true that all else being equal, you will pay a lower amount of total interest by paying down your highest interest rate debts first.  However, all else is not always equal.  I'm going to try to come up with some reasons why it might be better in some circumstances to pay your debts in a different order.  And I'll try to use as much math as possible.  :) Let's say that your goal is to eliminate all of your debt as fast as possible.  The faster you do this, the lower the total interest that you will pay.  Now, let's consider the different methods that you could take to get there: You could pay the highest interest first, you could pay the lowest interest first, or you could pay something in the middle first.  No matter which path you choose, the quicker you pay everything off, the lower total interest you will pay.  In addition to that, the quicker you pay everything off, the difference in total interest paid between the most optimal method and the least optimal method will be less.  To put this in mathematical notation: limt\u21920 \u0394 Interest(t) = 0 Given that, anything we can do to speed up the time it takes to get to \"\"debt free\"\" is to our advantage. When paying large amounts of debt as fast as possible, sacrifice is needed.  And this means that psychology comes into play.  I don't know about you, but for me, gamifying the system makes everything easier.  (After all, gamification is what gets us to write answers here on SE.) One way to do this is to eliminate individual debts as quickly as possible.  For example, let's say that I've got 10 debts.  5 of them are for $1k each.  3 of them are for $5k each, 1 is a $20k car loan, and 1 is a $100k mortgage.  Each one has a monthly payment. Let's say that I've got $3k sitting in the bank that I want to use to kickstart my debt reduction.  I could pay all $3k toward one of my larger loans, or I could immediately pay off 3 of my 10 loans.  Ignore interest for the moment, and let's say that we are going to pay off the smallest loans first.  When I eliminate these three loans, three of my monthly payments are also gone.  Now let's say that with the money I was paying toward these eliminated debts, and some other money I was able to scrape together $500 a month that I want to use toward debt reduction.  In four months, I've eliminated the last two $1k debts, and I'm down to 5 debts instead of 10.  Achievement Unlocked! Instead of this strategy, I could have paid toward my largest interest rate.  Let's say that was one of the $5k loans.  I paid the $3k toward the bank to it, and because I still had all the monthly payments after that, I was only able to scrape together $400 a month extra toward debt reduction.  In four months, I still have 10 debts. Now let's say that after these four months, I have a bad month, and some unexpected expenses come up.  If I've eliminated 5 of my debts, my monthly payments are less, and I'll have an easier month then I would have had if I still had 10 monthly payments to deal with. Each time I eliminate a debt, the amount extra I have each month to tackle the remaining debts gets bigger.  And if your goal is eliminating debt quickly, these early wins can really help motivate you on.  It really feels like you are getting somewhere when your monthly bills go down.  It also helps you with the debt free mindset.  You start to see a future where you aren't sending payments to the banks each month.  This method of paying your smaller debts first has been popularized in recent years by Dave Ramsey, and he calls it the debt snowball method. There might be other reasons why you would pick one debt over another to pay first.  For example, let's say that one of your loans is with a bank that has terrible customer service.  They don't send you bills on time, they process your payment late, their website stinks, they are a constant source of stress, and you are getting sick of them.  That would be a great reason to pay that debt first, and never set foot in that bank again. In conclusion: If you have a constant amount of extra cash each month that you are going to use to reduce your debt, and this will never change, then, yes, you will save money over the long run by paying the highest interest debt first.  However, if you are trying to eliminate your debt as fast as possible, and you are sacrificing in your budget, sending every extra penny you can scrape together toward debt reduction, the \"\"snowball\"\" method of knocking out the small debts first can help motivate you to continue to sacrifice toward your goal, and can also ease the cash flow situation in difficult months when you find yourself with less extra to send in.\""}
{"_id": "94393", "title": "", "text": "Indeed.  10-20 years down the line who knows where the computing capabilities will be at. But for now, and the foreseeable future IMHO, there are simply too many variables involved to take a human completely out of the cockpit. I will still want to know that there are two sets of eyeballs looking out the of the cockpit and monitoring the gauges."}
{"_id": "94408", "title": "", "text": "comments discuss investing in potato futures. Learn / ready about commodity trading or commodity futures. An investopedia article How To Invest In Commodities is a good start.  There are quite a few commodities offered for normal trade or as futures. Potatos may not be offered on quite a few exchanges. Found some here Investing in commodities is fraught with quite a bit of risk, some like you have already pointed out. Of course you can't eat all and have to sell."}
{"_id": "94423", "title": "", "text": "If only there were some mechanism, built into capitalism, by which enough people would find it worthwhile to incur the expense of going to college and getting teaching credentials so that there would no longer be a shortage of teachers."}
{"_id": "94429", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2017/08/15/supposedly-symbolic-state-travel-bans-have-real-bite) reduced by 88%. (I'm a bot) ***** &gt; Conference and convention planners say there is a powerful stigma associated with the state bans that goes beyond government travel, scaring away visitors who aren&amp;#039;t state employees or who hail from states other than the one that issued the ban.  &gt; California banned state travel to Tennessee to protest a state law allowing mental health counselors and therapists to refuse to treat patients based on religious objections or personal beliefs.  &gt; California state Assemblyman Evan Low, a Democrat who sponsored the California travel ban law, said its intent is not to &amp;quot;Impose our California values on another sister state. The real issue is that we are making a strong statement that supports fundamental basic humanity.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6u4udi/supposedly_symbolic_state_travel_bans_have_real/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~192444 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **ban**^#2 **California**^#3 **travel**^#4 **city**^#5\""}
{"_id": "94434", "title": "", "text": "Here's a great Canadian college/university cost calculator I used; found at Canadian Business - they say: Our tool is divided into three easy   steps. First, calculate the tuition   cost for the university and faculty   you wish to attend. Then, calculate any additional fees   for residence (on campus student   housing), meal plans, athletics,   health and student services. This will   give you the total cost a student will   pay at a Canadian university in   2006/7. Once you know the total annual cost,   take the third step to calculate the   total cost for the duration of the   course of study. Of course, this only calculates what it will cost you NOW, not eighteen years from now, but it's a good start :)"}
{"_id": "94435", "title": "", "text": "\"Here is a simple loan payment calculator.  If you allow early principal repayment, then you should just be able to plug in the new principal amount to find his new monthly payment (someone please correct me if I'm mistaken). Are you averse to creating a spreadsheet yourself in excel?  I suppose it could become quite an undertaking, depending on how detailed you chose to get with the interest.  Seems like it would be more direct and serve the dual purpose of recordkeeping. It's important to agree in advance whether pre-payments go to principal or go partly to interest (prepaying for periodic amounts not yet due, which are mixed principal and interest).  It's a family loan, so it probably makes sense to allow the prepayments to pay down principal; you don't need to structure your interest income and prevent him from depriving you of interest income (which many bank loans will do).  Allowing early principal repayment is pretty easy to calculate in your own excel spreadsheet, since you just need to know the remaining principal, time outstanding, and the interest rate. Note that if you are a US citizen, then the interest paid to you will be taxable income to you (\"\"ordinary income\"\" rate).  Your brother will not be able to deduct the interest payments, unless maybe they are used for something like his business or perhaps mortgage.  There is no deduction for just a personal loan. Also, if you instead structured it without interest, then the interest not charged would be considered a gift under US gift tax law.  As long as the annual interest were under the gift exclusion amount ($14,000) then there would be no gift tax.  With no interest and no gift, you would not have tax consequences.\""}
{"_id": "94446", "title": "", "text": "\"I'm constantly terrified of the monthly jobs report, and yet what's funny is I work for an office in New York City (which I won't name for anonymity reasons), and we're always hiring people. Every week, it seems, we get a \"\"Please welcome our newest employee\"\"  email. I should be happy but I see what's really going on in the country and the world and I think \"\"....this is going to end badly for this company!\"\" :(\""}
{"_id": "94448", "title": "", "text": "Banks cannot survive without the government.  Once people lose faith in the governement, the banking system will fail.  The banking system failing is a symptom of the issue, not a cause.  Backstopping the banks protects the general populace, and prevents runs which will actually destroy the banking system.  The burden shifts from the banks to the government.  But a gaurantee is not an actual payment.  The banks still operate as normal without any cash from the government, but with the knowledge that, if they ARE over extended, the government will take on their debt.  the government gaurantee lowers the rates that the banks pay to raise debt to continue to operate.  So let's say PIIGS fully bail out their banking system, paying off all debt, that's worse case.  Where does the money come from?   Revenues, aka taxes.  If the gov't takes on the bank debt and has positve revenue, no problem, a little less hand outs, but the country as a whole benefits from having a functioning banking system.  If revenues are poor or negative, however, it's just adding to the deficit.  Gov't can print money, don't forget.   But if revenues are poor and there's no hope to see them improve...Boom, all hell breaks loose, and you get Europe."}
{"_id": "94456", "title": "", "text": "I've heard this is true, and that's what I plan to do personally. But I know people who ditch their cars every few years for something newer and better. If they could be convinced to buy a Tesla instead of a giant Jeep, that is still progress."}
{"_id": "94471", "title": "", "text": "\"I'd agree with maybe a concept of \"\"situational value\"\" being negative while accepting \"\"intrinsic value\"\" means \"\"what use a person can expect to get out of it\"\", but again, both ultimately are subjective. That said, there can be benefits from drawing a distinction between the two.  Going back to Bitcoin, it does have an \"\"intrinsic value\"\", because the value of Bitcoin itself is that it can be divided up easily, transferred easily, and etc, all the things that make a currency valuable. Traditionally, we value things as money if they meet many of the following criteria:  1. Medium of exchange 2. Unit of account 3. Store of value 4. Standard of deferred payment 5. Measure of Value  Gold meets some of these better than others, dollars meet some of these better than others, and so on, but Bitcoin meets all of these very well, which means (at least to me) that Bitcoin has intrinsic value in that it meets the definition of what we value the most in a *currency*.  So maybe as long as we agree that there is a difference between subjective value and intrinsic value, and agree that subjective value can, in fact, be negative, there may be something to go on here.\""}
{"_id": "94477", "title": "", "text": "Usually, you can buy ETFs through brokerages.  I looked at London to see if there's any familiar brokerage names, and it appears that the address below is to Fidelity Investments Worldwide and their site indicates that you can buy securities. Any brokerage, in theory, should allow you to invest in securities.  You could always call and ask if they allow you to invest in ETFs.  Some brokerages may also allow you to purchase securities in other countries; for instance, some of the firms in the U.S. allow investors to invest in the ETF HK:2801, which is not a U.S. ETF.  Many countries have ETF securities available to local and foreign investors.  This site appears to help point people to brokers in London. Also, see this answer on this site (a UK investor who's invested in the U.S. through Barclays)."}
{"_id": "94480", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://americanaffairsjournal.org/2017/08/ricardos-vice-virtues-industrial-diversity/) reduced by 97%. (I'm a bot) ***** &gt; On the issue of the relocation of production from high-wage First World to low-wage Third World countries, modern economists have pushed Ricardo&amp;#039;s Vice past even Ricardo&amp;#039;s limits.  &gt; The theory of comparative advantage would lead you to expect that in a world with very low trade barriers-basically the modern globalized world-most countries would have specialized trade profiles, so that they would score low in both ubiquity and diversity.  &gt; The success of this index in predicting which countries are likely to outperform growth expectations in the future was related to the role of product diversity within a country, which enable new products to be invented.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6uuv95/ricardos_vice_and_the_virtues_of_industrial/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194929 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **country**^#1 **trade**^#2 **industry**^#3 **product**^#4 **Ricardo**^#5\""}
{"_id": "94496", "title": "", "text": "First of all, there are some differences between the retirement accounts that you mentioned regarding taxes.  Traditional IRA and 401(k) accounts allow you to make pre-tax contributions, giving you an immediate tax deduction when you contribute.  Roth IRA, Roth 401(k) are funded with after tax money, and a non-retirement account is, of course, also funded with after tax money.  So if you are looking for the immediate tax deduction, this is a point in favor of the retirement accounts. Roth IRA & Roth 401(k) accounts allow the investment to grow tax-free, which means that the growth is not taxed, even when taking the investment out at retirement.  With Traditional IRA and 401(k) accounts, you need to pay tax on the gains realized in the account when you withdraw the money, just as you do with a non-retirement account.  This is a point in favor of the Roth retirement accounts. To answer your question about capital gains, yes, it is true that you do not have a capital gain until an investment is sold.  So, discounting the contribution tax deductions of the retirement accounts, if you only bought individual stocks that never paid a dividend, and never sold them until retirement, you are correct that it really wouldn't matter if you had it in a regular brokerage account or in a traditional IRA.  However, even people dedicated to buy-and-hold rarely actually buy only individual stocks and hold them for 30 years. There are several different circumstances that will generally happen in the time between now and when you want to withdraw the money in retirement that would be taxable events if you are not in a retirement account: If you sell an investment and buy a different one, the gains would be taxable. If you want to rebalance your holdings, this also involves selling a portion of your investments.  For example, if you want to maintain an 80% stock/20% bond ratio, and your stock values have gone up to 90%, you might want to sell some stock and buy bonds.  Or if you are getting closer to retirement, you might decide to go with a higher percentage of bonds.  This would trigger capital gains. Inside a mutual fund, anytime the management sells investments inside the fund and realizes capital gains, these gains are passed on to the investors, and are taxable.  (This happens more often with managed funds than index funds, but still happens occasionally with index funds.) Dividends earned by the investments are taxable.  Any of these events in a non-retirement account would trigger taxes that need to be paid immediately, even if you don't withdraw a cent from your account."}
{"_id": "94497", "title": "", "text": "\"Is there any way through this? Yes, but you're not going to like it. If your friend has guaranteed the loans, then it's your friend's obligation to pay them when the brother-in-law is not cooperating. That's what it means to guarantee a loan.  (Obligatory: \"\"Before lending your friends or family money, ask yourself which you need more.\"\")\""}
{"_id": "94520", "title": "", "text": "\"Find approximate housing-cost difference, which is likely to swamp the tax differences. Find a cost-of-living measurement you believe for each state and figure appropriate state's sales tax on the non-housing portion of it (numbers can be found on line). Figure out roughly what your state income tax would be (forms on line). Figure city sales tax for each city you'd live in (again, numbers on line). Determine transportation cost differences. Determine entertainment cost differences (\"\"First prize: one week in Hackensack. Second prize: TWO weeks!\"\")  Mix and add seasonings to taste... Then remember that many people commute into the City, including from NJ, so run the numbers that way... and think about how much time you're willing to spend communting every day (and via which forms of transportation); the worse the commute, the less housing costs. Then remember that companies in NYC are aware of all the above, and are likely to adjust their salaries to partly offset it... because otherwise they couldn't recruit anyone who wasn't already a Noo Yawker... so the real question here is whether their adjustment, plus not living in Noo Joisey, is enough to make up the difference for you. To get more accuracy than that, you need to start nailing down specifics. Possible. Not trivial.\""}
{"_id": "94528", "title": "", "text": "\"Your numbers are way off, but the point is still valid regarding diabetes, even at 1/10th or 1/100th of what you claim.  The long term health (and lifespan) implications of diabetes (not to mention the larger \"\"obesity\"\" problem) are NOT something to be simply ignored.  Likewise with the long term costs/consequence of other health-related problems (STD's, anti-biotic resistant bacteria, etc).\""}
{"_id": "94558", "title": "", "text": "\"Check out Irwin Schiff's \"\"How an Economy Grows and Why it Doesn't\"\".  It explains how economy's work using a comic format, explaining investment, savings, banking, gov't, taxation,etc, although you may need to be at least 10 to understand some of the concepts. :)\""}
{"_id": "94571", "title": "", "text": "If this were a business owned by an atheist who didn't want to hire religious fanatics Fox News would have a week of programming covering the persecution. So I wonder how much I'll see this story on their channel today?"}
{"_id": "94577", "title": "", "text": "\"Then that doctor will have to decide whether they want to keep making $200k / year or screw around with malpractice.  Same with the c - level exec.  it's a simple risk/reward analysis the rest of us go through.   If you do something illegal, you should face the same repercussions.  Edit: very clearly not talking about mistakes for \"\"malpractice\"\", we're talking about breaking the law and only getting a fine.\""}
{"_id": "94581", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.politico.com/story/2017/05/25/democrats-2018-agenda-minimum-wage-increase-238828) reduced by 75%. (I'm a bot) ***** &gt; House Minority Leader Nancy Pelosi on Thursday vowed to take up a $15 minimum wage in the first 100 hours of the next Congress if Democrats take back the chamber next year.  &gt; The California Democrat conspicuously harkened to 2007, when her caucus raised the minimum wage to its current level of $7.25 as part of an ambitious campaign for its first 100 hours in power.  &gt; The broad Democratic support for Thursday&amp;#039;s minimum wage hike illustrates the extent of Sanders&amp;#039; influence on the agenda of the party whose leadership he has joined - without formally becoming a Democrat.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejcr9/pelosi_dems_will_pass_15_minimum_wage_if_we_take/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133545 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **minimum**^#1 **wage**^#2 **Democrat**^#3 **15**^#4 **Pelosi**^#5\""}
{"_id": "94586", "title": "", "text": "Sounds like you are stuck. These are your options:  increase limit Not going to happen. You said you don't qualify. You also won't convince them to let you access more borrowing power by arguing that you can't pay now. No responsible lender would take that bet. negotiate balance Unlikely. This sounds like mostly real debt, not fees. They generally won't write off real debt except if you are in default. They will only negotiate if they think you can't pay. Note that this will probably hurt your credit, as they will report that you didn't pay your debt. pay down balance This is your best and only real option. If you can't afford to pay down the balance you can't afford to borrow more.  I am sorry for your situation; it is frustrating. I know how that feels. It is a textbook example of the risk associated with debt. Even if you plan to pay the balance every month, when the unexpected happens, you pay the price."}
{"_id": "94591", "title": "", "text": "P/E = price per earnings. low P/E (P/E < 4) means stock is undervalued."}
{"_id": "94595", "title": "", "text": "They are owned by AB Inbev which does own a massive share of the beer market.   They have also purchased beer distributors and prevented them from selling competing products.   They have also purchased hop growers and refused to sell hops to compeditors.   So they might not be a monopoly yet but they are sure trying."}
{"_id": "94600", "title": "", "text": "\"Summarized article: In Canada, Jennifer Desloges, owner of an electrolysis business, is accusing Yelp, a user review website, of hurting businesses by burying positive reviews and lowering ratings.   Desloges encouraged her customers to post real comments about her business on the Yelp site. 17 customers posted positive reviews which boosted her rating to 5 stars but her rating later dropped to 2 1/2 stars when some positive reviews were filtered out.   Yelp uses an algorithm to filter out reviews by users who don't write reviews as often and are not \"\"trusted\"\" users. The intent is to filter out fake reviews by those trying to manipulate the system.   Yelp explained that although Desloges received genuine reviews, they were likely filtered out because they were from infrequent Yelp users.  Desloges says the low Yelp rating is causing her to lose potential customers.   Other small business owners have also complained about Yelp's filtering system. Some tried suing Yelp because they claimed Yelp was manipulating user reviews to force them to advertise. The judge said there was no proof of the claims and dismissed the case.  *For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit*\""}
{"_id": "94604", "title": "", "text": "\"&gt; So I don't really see the point when that revenue will possibly not even exist.  The state is trading revenue that possibly will not exist for revenue that definitely will not exist. That is a cost.  (And saying the revenue \"\"possibly will not exist\"\" is a huge overstatement. Most of those people would find work in other areas.)\""}
{"_id": "94627", "title": "", "text": "&gt; That's a simplified, layman's argument that you have minunderstood.  That's the only argument presented against deflation in the link you posted  &gt; Suffice to say, literally everyone who studies this stuff agrees that a small amount of controlled inflation is beneficial   I don't think there is a single topic where [literally everyone](https://www.youtube.com/watch?v=pwI3Nya5L9g) agrees on something. Even if they did, it doesn't make it right. You seem informed enough that I don't have to use cliched examples.  &gt; Econ 101. Take it. Love it.  I believe that you've taken Econ 101"}
{"_id": "94630", "title": "", "text": "This looks correct to me, for simple interest. If you are dealing with compound interest, the formula would be: So, A = 500000(1+0.036/365)^(30), or 501,481.57, or an interest of 1481.57, assuming the 3.6% is the annual nominal interest rate and it is compounded daily. Note that you are ignoring the depreciation and also ignoring the percentage of customers who will forfeit their debt in the 30 - 60 day period."}
{"_id": "94653", "title": "", "text": "I don't think you're missing anything. Many modern trading systems actually warn you when trying to enter a market order, asking if you are sure that you wouldn't prefer to set a limit. I fully agree with you that it is usually just better to define a limit even 20% higher than just doing a market trade. Let me give you some examples when you still might prefer to use a market order instead of a limit: But even in those two examples a (wide) limit order might just be the safer thing to do.  So, what it really comes down to is speed: A market order has no other criterias to be defined, is thus entered faster and saves you a few seconds that might be crucial."}
{"_id": "94661", "title": "", "text": "There are many barriers to breaking out of poverty. We almost incentivize it. We take away benefits when people get jobs and make them work harder when they finally have an income by raising taxes and what not. It's hard to make money when you don't have a stable home, car, or even cellphone. There's basically 3 ways out of poverty: education (however loans are fucking that up$, the military, (though not all can get in and I hear they are being more selective), and then marriage. There's so many different people and different stories that you can't just say 1 thing is stopping them. Yes there are lazy people. But there are also hard working people who can't get ahead.   If we really wanted a meritocracy why can people inherit wealth they did not work for themselves? Why not have huge inheritance taxes where offspring basically get nothing? The truth is that the issues are vast and complicated."}
{"_id": "94671", "title": "", "text": "The state isn't that blue. Chicago is, but much of the rest of the state is a reddish purple. Large chunks of the pension problem come from mismanagement of the plans and over ambitious outlooks on the plan assets (ex chasing risky investments in a low growth environment because the liabilities of the plan had assumed 8% growth). There's also the corruption, but..."}
{"_id": "94680", "title": "", "text": "A savings account is your best bet.   You do not have the time frame to mitigate/absorb risks.  The general guideline for investment is 5 years or more.  As you state you are no where near close to that time frame."}
{"_id": "94682", "title": "", "text": "Yeah I agree this business model isn't really the same and why a company like GameFly hasn't taken off like Netflix. Game makers don't really need to do it. There's fewer titles than movies and people spend a lot more time with a game then they do with a movie. Also people are obviously still willing to pay $60/game for premium newly released games or else they wouldn't still be doing it. Game prices have actually gone up over the last ten years versus the opposite for films."}
{"_id": "94686", "title": "", "text": "\"I am not an expert in this stuff, but my understanding is that the debt is in the form of US treasury securities, which mature at set rates and are paid at maturation.  So technically, the US Treasury \"\"pays off\"\" a portion of its debt whenever the debt securities mature.  Thus, if China (or any country) buys new Treasury securities at a slower rate than its currently held Treasury securities are maturing, the amount of US debt held by China will decrease.  This is what I hear China has been doing recently.\""}
{"_id": "94689", "title": "", "text": "Questrade is a Canada based broker offering US stock exchange transactions as well. It says this right on their homepage. ETFs are traded like stocks, so the answer is yes.  Why did you think they only offered funds?"}
{"_id": "94690", "title": "", "text": "The day trader in the article was engaging in short selling.  Short selling is a technique used to profit when a stock goes down.  The investor borrows shares of a stock from someone else and sells them.  After the stock price goes down, the investor buys the shares back and returns them, pocketing the difference. As the day trader in the article found out, it is a dangerous practice, because there is no limit to the amount of money you can lose. The stock was trading at $2, and the day trader thought the stock was going to go down to $1.  He borrowed and sold 8,400 shares at $2.  He hoped to buy them back at $1 and earn $8,400 profit.  Instead, the stock went up a lot, and he was forced to buy back the shares at $18.50 per share, or about $155,400.  He had had $37,000 with E-Trade, which they took, and he is now over $100,000 in debt."}
{"_id": "94696", "title": "", "text": "&gt;How so? Just because you can't test for something means it should be thrown out of consideration?  I think we're arguing the same thing. Just because someone could cheat and mislabel something as antibiotic-free doesn't change the meaning of antibiotic-free: the animal was never treated with antibiotics."}
{"_id": "94710", "title": "", "text": "PenFed Platinum Cashback Rewards Visa Card is another good choice. Pros: Cons:"}
{"_id": "94724", "title": "", "text": "Banks loan out money they don't have to you to get you to pay them interest. It's all just computer bits. Papier mach\u00e9 would require that they actually have money. If everybody told BofA that they wanted to close their accounts and to get the money in cash, it would never be able to happen."}
{"_id": "94726", "title": "", "text": "&gt; The logic behind QE is as follows. A central bank, which alone has the power to create (and print) money, wants to spur inflation, so that companies will be encouraged to borrow money and invest it, creating jobs.  That is not the logic of QE.  The logic is that assets must remain inflated enough for banks to survive, and the rich, with the trading profits,  made by trading ahead of central banks QE, will pump up other assets with their cashflow, and support banking solvency and profitability as they participate directly in the bond profits, and indirectly, by having their loans secured by general assets paid back due to asset inflation and stability.  There was absolutely no honest hope of QE trickling down to the productive economy.  No reason for new production, as its only effect is a few at the top that can afford bigger cars and homes.  Bank stability helps jobs much better than bank failures, but its more about keeping investment/loan spigots flowing than about increasing production/investment demand."}
{"_id": "94729", "title": "", "text": "When you own a share, you also own a vote (in most cases). That vote is your means of controlling the assets and management of the company. If you had enough votes and wanted to trade a share for an iPhone or liquidate the company entirely, you could do it. The only thing that prevents you from doing that is that companies are not set up to handle the transaction that way. Stock holders are usually trying to buy investments, not iPhones. There are companies that have more cash in the bank than the market cap (total value) of their stock. They usually don't remain as public companies for long in that case. An investor or group of investors buy them up and split the cash. If you had enough shares of Apple, you could do that to; or, just trade one for an iPhone."}
{"_id": "94730", "title": "", "text": "SEO (Search Engine Optimization) one of the essential components of Online Reputation Management (ORM). The purpose of ORM (online reputation management service) is monitored and promote the company or brand, name and pushing the company or brand\u2019s negative review down in SERPs whereas SEO focus to drive traffic and moving the website higher in the SERPs. ORM (Online Reputation Management) services concentrate on business or individuals, even as SEO on Search Engine. We get a lot of clients when they face critical situations with their online reputations jeopardized."}
{"_id": "94748", "title": "", "text": "If your tap water is terrible (very rare in the U.S.)  it makes sense to buy the large water jugs.   What I'm referring to is paying 1\u20ac or more for a plastic bottle that costs .01\u20ac to make filled with .000001\u20ac  of water.   Nestle and Coco-Cola literally bottle municipal water in the United States.  There is ZERO difference between most bottled water and common tap water.  In fact, the water bottling plants often don't do enough maintenance on their filters and their water is actually worse than tap... at least in the U.S."}
{"_id": "94774", "title": "", "text": "Oh Canada, another reason why you're so wonderful.  I used to live in Seattle and I loved visiting Vancouver BC.  In Seattle, I was paying $20 a month for each of my 4 HD DVR boxes.  That's $80 bucks a month.   Then I went HTPC with Windows media center.  Now I pay $1.75 for a cable card and i can record 4 channels at once."}
{"_id": "94783", "title": "", "text": "That's overly simplistic and bordering on third party propaganda (as if they aren't subject to being bought and often are used, whether voluntarily or not, to divide and conquer the vote), but the key is correct - state constitutions and the US Constitution all need changing to eliminate money and corporations from the election and law-making system."}
{"_id": "94789", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/amaaggregator] [Hi r\\/Business! This is Brian Lim and i was featured on aBC's Shark tank! I'm doing an AMA at 1pm PST in the r\\/iAMA thread. Come ask me your questions!](https://np.reddit.com/r/AMAAggregator/comments/6vl6ie/hi_rbusiness_this_is_brian_lim_and_i_was_featured/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "94792", "title": "", "text": "\"Remember that \"\"earned\"\" means \"\"earned in profit.\"\" A company like LinkedIn may not be trying to earn any profit, because they believe that they are at the stage in their development where the best thing to do with excess cash is to reinvest it in growing the business. Therefore, profit may not be the best metric at this stage in the company's life cycle.\""}
{"_id": "94793", "title": "", "text": "I had one of those banks that reordered transactions. Deposit cash first thing in the morning means you should have money in your account, right? Nah son. First they're going to take your balance at the beginning of the day, then they'll deduct all of the transactions you made that day, in order from largest to smallest. Did one of those put you in the red (ignoring the deposit)? Time to apply an overdraft fee to that one and every single one that comes after (in order of largest purchase to smallest, mind you). Only then would they apply your deposit, but, for many, that wasn't enough to cover the overdraft fees. I eventually received money from either a class action or a CFPB thing, but not enough to cover the amount they took in fees through that scheme. Thankfully, my deposits were large enough to at least cover the fees, so I didn't have those damnable daily fees on top of it all."}
{"_id": "94809", "title": "", "text": "From http://en.wikipedia.org/wiki/Wire_transfer: The entity wishing to do a transfer approaches a bank and gives the bank the order to transfer a certain amount of money. IBAN and BIC codes are given as well so the bank knows where the money needs to be sent.  The sending bank transmits a message, via a secure system (such as SWIFT or Fedwire), to the receiving bank, requesting that it effect payment according to the instructions given.  The message also includes settlement instructions. The actual transfer is not instantaneous: funds may take several hours or even days to move from the sender's account to the receiver's account.  Either the banks involved must hold a reciprocal account with each other, or the payment must be sent to a bank with such an account, a correspondent bank, for further benefit to the ultimate recipient.  Banks collect payment for the service from the sender as well as from the recipient. The sending bank typically collects a fee separate from the funds being transferred, while the receiving bank and intermediate banks through which the transfer travels deduct fees from the money being transferred so that the recipient receives less than what the sender sent. The last point may not be relevant in domestic transfers."}
{"_id": "94816", "title": "", "text": "\"I found your post while searching for this same exact problem. Found the answer on a different forum about a different topic, but what you want is a Cash Flow report.  Go to Reports>Income & Expenses>Cash Flow - then in Options, select the asset accounts you'd like to run the report for (\"\"Calle's Checking\"\" or whatever) and the time period. It will show you a list of all the accounts (expense and others) with transactions effecting that asset. You can probably refine this further to show only expenses, but I found it useful to have all of it listed.  Not the prettiest report, but it'll get your there.\""}
{"_id": "94824", "title": "", "text": "&gt;Why do people always assume technology or some change in the underpinnings of society will make unemployment a non-issue?  In the movie Wall-E, everyone is taken care of by robots. The society as whole enjoy equal rights and no money issues or whatever issues that is currently plaguing the current society. Why do people like you always assume the society will stay the same as it is today? We went from a slavery to a free society. Looking at the Human history, are you telling me that society will stay the same?"}
{"_id": "94831", "title": "", "text": "If there is land for sale, you can buy it. The United States doesn't have many restrictions on the purchase of land. However, you need to be able to afford it. Dependent on where you are looking $20,000 can either be a lot or very little land, I suspect that the question you were looking to ask is 'can I afford it?'. Have a look around, there should be plenty of places for you to find land for sale. As for credit, it is more important that you don't build bad credit. With things like mortgages, your salary is likely to be more important than your credit score alone, but no one will give you a dime if you have a record of not paying your bills."}
{"_id": "94839", "title": "", "text": "Why is it that people spend more time pricing their newest phone plan than their house, or educational costs.  You see students going to law school who have never job shadowed a real lawyer to even see what reality looks like and have no idea the real job prospects.  I'd feel bad, but it takes so little leg work and planning to keep yourself from self imposed financial doom."}
{"_id": "94858", "title": "", "text": "I'm not sure that you're considering all the options.   So you may not subtract $X from B, but you do compare NPV(B) to $Y.   Also, remember that we're not trying to figure out the return on B.  We're trying to figure out what to do next.  In terms of planning, the sunk cost is irrelevant.  But in terms of calculating return, A was a turkey.  And to calculate the return, we would include $X in our costs for B.  And for the second option, we'd subtract $X from $Y (may be negative).   Sunk costs are irrelevant to planning, but they are very relevant to retrospective analysis.  Please don't confuse the two.  When looking back, part of the cost for B will be that $X.  But in the middle, after paying $X and before starting B, the $X is gone.  You only have the building and have to make your decision based on the options you have at that moment.   You will sometimes hear $Y called the opportunity cost of B.  You could sell out for $Y or you could do B.  You should only do B if it is worth more than $Y.   The sunk cost fallacy would be comparing B to $X.  Assuming $Y is less than $X, this would make you not do B when it is your best path forward from that moment.  I.e. $Y < NPV(B) < $X means that you should do the project.  You will lose money (apparently that's a foregone conclusion), but you will lose less money than if you just sold out.   You should also do B if $Y < $X < NPV(B) or $X < $Y < NPV(B).  In general, you should do B any time $Y < NPV(B).  The only time you should not do B is if NPV(B) < $Y.  If they are exactly equal, then it doesn't matter financially whether you do B or not."}
{"_id": "94860", "title": "", "text": "This is probably the most insightful comment I've skimmed so far and rings very true. The same way work will fill the time allotted, budgets will fit the income slotted. If this budget-creep wasn't a normality the economy would stagnate and our capitalist empire would crumble /s."}
{"_id": "94875", "title": "", "text": "I'm a believer in broad index funds for the vast majority of investors. However, I'm sure someone here is more qualified than me to speak to the correct allocation.   I'm mostly pointing out low-hanging fruit: you should (almost) never invest in the company that pays your wages. You could just dump it in the S&amp;P or some broad market index and be in a better position."}
{"_id": "94886", "title": "", "text": "One reason is that insurance gives you tranquility.  Without insurance, you live with the uncertainty of not knowing if/when disaster is going to strike. Insurance allows you to trade this uncertainty for regular monthly/yearly payments."}
{"_id": "94900", "title": "", "text": "Buy a share - not a penny stock; rather a well known company like Coca-Cola, Kelloggs, Exxon, etc.  Follow the company.  Understand their business model.  See the share price fall and rise.  You will learn a lot having your own money at risk."}
{"_id": "94915", "title": "", "text": "See this help article from Paypal about payment methods for purchases. When you don\u2019t have a PayPal balance or don\u2019t have enough in your PayPal balance, we\u2019ll use your bank account as the default payment method unless you select a different way to pay. So yes, Paypal will automatically deduct from your bank account when you make a purchase, unless you link another payment method and make that your default."}
{"_id": "94929", "title": "", "text": "You mean the one where it turns out his son in law and several of his campaign people were literally meeting with Russians about getting dirt on Hillary Clinton? As in, defacto collusion with Russian agents regarding a US Presidential election?  That story?"}
{"_id": "94933", "title": "", "text": "\"&gt; I think there's an extremely slim chance we won't become a South-American style country, with 2-5% owning everything and a brutal police force keeping the poor at bay.   Then I guess I know what I need to do: be in that 2%-5%!  &gt; You can see glimpses of that possible future today. Ferguson will be an every day occurrence, and it won't be just black people anymore.   Ah, this means that security technology and services will be in high demand.  Opportunity abounds!  I've always thought it would be great if a major metro area went to real shit for a while.  I'd love hiring myself out to filthy rich people who have kids at NYU or Georgetown.  \"\"The rails aren't running, and the roads are shut, and food is short, and people are rioting!  My poor baby is in her dorm in NYU!\"\"   \"\"I'd be glad to her out and deliver her to you!\"\"   \"\"You're such a savior!\"\"   \"\"That will be 1/4 of your net worth now, and 1/4 when I deliver her.\"\"   \"\"Whaaaaat!  That's outrageous!\"\"   \"\"It's just the market.\"\"\""}
{"_id": "94949", "title": "", "text": "&gt; At the current share price we (i.e. U.S. taxpayers) have lost $16 billion in the bailout.  Do you realize that this is an improvement?  An year ago, [it was estimates at 19 billion, down from the original 40 billion loss](http://politicalticker.blogs.cnn.com/2011/01/13/auto-bailouts-estimated-cost-to-taxpayers-19-billion/)"}
{"_id": "94957", "title": "", "text": "\"Its a classic sign of fraud. The fraud is on you. You cashed the check not given to you, and not endorsed by the person its given to, so even if the check is legit you're still in trouble. There are many variations of this scheme, but the common thing is that the \"\"innocent\"\" third party is given a check to cash, and gives its own check or cash in return. The check ends up being forged, stolen, or otherwise invalid, but the cash/check the third party gave is long gone. Usually its cash, because its untraceable. You should wait at least a couple of weeks to make sure the check doesn't bounce. You might want to contact the check owner to verify its legit, and suggest to return the money, if it is not. You might also want to consult with an attorney. Bear in mind, that it might be reported to the authorities as a money laundering scheme (which it very well might be), and you'll have some explaining to do in this case, even if the check is legit.\""}
{"_id": "94960", "title": "", "text": "It's like collecting car insurance when you've had an accident.  If you want a good analogy it's like having an accident and then some asshole reporter claims it's unfair that the policy paid for it because you made more than some arbitrary amount of money last year."}
{"_id": "94965", "title": "", "text": "I'm not too worried about the math. I can't speak for the calculus, but I seriously doubt the statistics I will use will be more complicated than what I used in Econometrics.   Where will calculus come into play? I haven't heard any of my finance major friends talk about using anything more than simple derivation."}
{"_id": "95010", "title": "", "text": "There are usually so many different options around for the same stock that some are rarely traded. Especially if the price has moved since the option was issued, nobody might be interested in that particular option at that price anymore. So the asking price might be something that someone asked for ages ago and that is much higher than anyone would reasonably pay today.  With a bid of $20 and an ask of $30, nobody is trading, but the value of that option is somewhere between $20 and $30. If the value is below $25, someone will notice your $25 bid and sell."}
{"_id": "95032", "title": "", "text": "You have a very pointed way of putting people down that you disagree with, but you are not in the least bit interested in conversation or exchanging ideas.  In two posts you have presented not one argument, but you have insulted me in each post.  If indeed you had an argument insults would be beside the point.   I can only conclude that you have no argument.  Only hatred.  Hatred will not sustain your life.  Grow some balls.  Look around you.  Find out what is really going on.  Expand your data base.  And most of all start thinking for yourself."}
{"_id": "95033", "title": "", "text": "It really is a stupid term.  What comes to mind with the term underwater?  drowning, sunk boats, cars and other property and flooding. All really stressful and damaging.   Underwater in mortgages, means you owe more than your house is worth, .... ER your home's value dropped below the value of your mortgage.  It does suck but  it doesnt mean they are behind on their mortgage and doesnt suck as much as people who are behind.  it isnt really something to worry about except for the future when you resell. For a lot of people it is just something they can ignore.   In theory, they should get a lower tax bill.   Underwater just seems like an odd term for something like your home value dropping below the price your paid for it. If you buy a new car, you can pretty much claim to be underwater as you drive it off the lot, because your car simply isnt worth what you paid for it the second it becomes used.  not saying it isnt an interesting stat, or that it is of no concern, it's just an odd term.  To me it is more fitting for people behind in their payments than for people whose property lost value.  (and yeah i get it is more dire for investors and somewhat for landlords but not always)"}
{"_id": "95035", "title": "", "text": "You have purchased a Tplink router and want to set it up. Then firstly open tplinklogin.net in the address bar of the browser window. Enter the login details such as username and password; you will land to the admin panel of the router to begin installation."}
{"_id": "95044", "title": "", "text": "The ruble was, is and will be very unstable because of unstable political situation in Russia and the economy strongly dependent of the export of raw resources. What you can do? I assume, you want to minimize risk. The best way to achieve that is to make your savings in some stable currency. Euro and Swiss Franc are currently very stable currencies, so storing your surpluses in them is a very good option if you want to keep your money safe. To prevent political risk, you should keep your money in countries with stable political regime, which are unlikely to 'nationalize' the savings of the citizens in predictable future. As for your existing savings in rubles, it's a hard deal. I assume, as the web developer, you have a plenty of money, which have lost a lot of value. If you convert them to euro or francs, you will preserver the current value (after the loss). You'll safe them agaist ruble falling down, but in case the ruble will return to previous value, you'll loose.  Keeping savings in instable currencies is, however, speculation, like investing in gold etc. So if you can mentally accept the loss and want to sleep good, convert them. You have also option to invest in properties, for example buy an extra appartment. It's a good way to deal with financial surplus in Europe in US, however you should be aware, in Russland it's connected with the political risk. The real estates can be confiscated in any moment by the state and you can't run away with it (the savings can also be confiscated, but there's a fair chance you'll manage to rescue them if you act quickly)."}
{"_id": "95062", "title": "", "text": "\"I'm looking forward to not having to read about Market Basket every single day.  Claiming 2M customers \"\"joined a 6-week boycott\"\" is absolutely ridiculous and deceptive.  Pretty much every shelf was empty.  No perishable items were available.  Customers didn't *boycott* Market Basket.  Customers didn't go there because there was nothing to buy.\""}
{"_id": "95072", "title": "", "text": "While this may be true for certain stores, it isn't true across the board. An ex worked at a high-end clothing store and they did in fact pack up everything that didn't sell during that season and ship it to the outlets. This was also the case for many of the other high-end stores."}
{"_id": "95091", "title": "", "text": "By the votes it does not. A business primary goal is to return an investment to it's shareholders which anyone can be so are they are publically traded.  If you do not agree with a way a business is run ethically, do not shop not work there. They will have their work cut out for them as they compete with Amazon. Amazon distances themselves from ethical issues with sub companies and sub contractors."}
{"_id": "95108", "title": "", "text": "Thank you for the wonderful response. I actually work out 4-5 times a week and have been for the past year or so(it's helped my productivity ten-fold).   I think I am going to finish up the Python codeacademy course in order to understand the basics of syntax and then I will continue from there.   If you have any other suggestions; I am quite open to them!  Thanks!"}
{"_id": "95110", "title": "", "text": "I appreciate your help and thank you for your response but it was worded so poorly, I have no clue what your message was in the end. It got completely lost. I\u2019m not trying to be rude or anything, I just have no idea what you were trying to say and am now utterly confused. It was just really hard to read when it lacks correct grammar and punctuation, sorry. It sucks though - I\u2019m actually interested in what you have to say."}
{"_id": "95116", "title": "", "text": "Because you're not married, its a partnership agreement, and unless there's a written contract, either the two of you agree on how to handle the home, or it's off to court you go. If you were both supposed to pay for the home, and he failed to for a a while, that would put him in breach of contract which I would think gives you a good position in court. On the other hand, if you are at all concerned about your safety from this louse, remember, he knows exactly where the house is."}
{"_id": "95120", "title": "", "text": "\"Let's assess the situation first, then look at an option: This leaves you with about $1,017/mo in cash flow, provided you spend money on nothing else (entertainment, oil changes, general merchandise, gifts, etc.) So I'd say take $200/mo off that as \"\"backup\"\" money. Now we're at $817/mo.  Question: What have you been doing with this extra $800/mo? If you put $600/mo of that extra towards the 10% loan, it would be paid off in 12 months and you would only pay $508 in interest. If you have been saving it (like all the wisest people say you should), then you should have plenty enough to either pay for a new transmission or buy a \"\"good enough\"\" car outright.  10% interest rate on a vehicle purchase is not very good. Not sure why you have a personal loan to handle this rather than an auto loan, but I'll guess you have a low credit score or not much credit history.  Cost of a new transmission is usually $1,700 - $3,500. Not sure what vehicle we're talking about, so let's make it $3,000 to be conservative.  At your current interest rate, you'll have paid another $1,450 in interest over the next 33 months just trying to pay off your underwater car.  If you take your old car to a dealership and trade it in towards a \"\"new to you\"\" car, you might be able to roll your existing loan into a new loan. Now, I'm not sure when you say personal loan if you mean an official loan from a bank or a personal loan from a friend/family-member, so that could make a difference. I'm also not sure if a dealership will be willing to recognize a personal loan in the transaction as I'd wager there's no lien against the vehicle for them to worry about. But, if you can manage it, you may be able to get a lower overall interest rate. If you can't roll it into a new financing plan, then you need to assess if you can afford a new loan (provided you even get approved) on top of your existing finances. One big issue that will affect interest rates and approvals will be your down payment amount. The higher it is, the better interest rate you'll receive. Ultimately, you're in a not-so-great position, but if your monthly budget is as you describe, then you'll be fine after a few more years. The perils of buying a used car is that you never know what might happen. What if you don't repair your existing car, buy another car, and it breaks down in a year? It's all a bit of a gamble. Don't let your emotions get in the way of making a decision. You might be frustrated with your current vehicle, but if $3,000 of repairs makes it last 3 more years, (by which time your current loan should be paid off), then you'll be in a much better spot to finance a newer vehicle. Of course it would be much better to save up cash over that time and buy something outright, but that's not always feasible.  Would you rather fix up your current car and keep working to pay down the debt, or, would you rather be rid of the car and put $3,000 down on a \"\"new to you\"\" car and take on an additional monthly debt? There's no single right answer for you. First and foremost you need to assess your monthly cash flow and properly allocate the extra funds. Get out of debt as soon as reasonably possible.\""}
{"_id": "95137", "title": "", "text": "I'm pissed off that I even have to type such a stupid obvious fact, but I'll do it anyway.  Make a program that works like [steam](http://store.steampowered.com/). Have it not sell videogames, but TV channels. Let me buy \u00c0 la carte TV channels, channels that come with NO ADS on the shows. You make up the lost ad money by my subscription. Better yet, offer a basic cheap package with commercials, then a pricier one without. If I'm watching it live and there's a commercial, just play music or something, do what CNN does for their live stream. (maybe tie-in some local weather or sports updates, run commercials for TV shows on that channel, people really don't mind that kind of ad)  Now, when I buy a channel, let it also double as on-demand. I buy the HBO package, I can watch Game of Thrones whenever I want, as many times as I want. Hell, you could tie this service in with Hulu and let hulu be the On-Demand side. Instead of the 8 day wait, I get access to the show that same day.  Throw in movies like we have on the on-demand  and PPV and you can have a movie section as well.  The first company to launch and implement this will corner the market. The first company to code this and get it bug free will be BILLIONAIRES at the absolute least. Facebook's IPO will look like pocket change, and this will actually hold its value.  What I just typed out (and many have before me, I'm aware) is the final nail in the coffin of traditional TV. It's literally just waiting and ready for someone to swing the hammer down on it. We have the computer power, we have the bandwidth. We've HAD those things for a couple years now. Capitalize on it!"}
{"_id": "95150", "title": "", "text": "\"We've had everything in one pot almost from day one of marriage. The key ingredients to making that arrangement work is to communicate about the money, and realize that you're in it together.  Everything one person does affects the other. Separating finances compartmentalizes the \"\"affecting one another\"\" part and makes it a little clearer perhaps, but I can also see it creating a sense of entitlement: \"\"This is my money.\"\"  There should be a place for individual discretionary spending, of course, but I'm not sure that roping off that money is the best way to do it. It's less likely to be viable if there's one main breadwinner in the house.  In our house, this is me.  If we separated the finances like this, it would amount to giving my wife an allowance.  Since she works harder at home than I do at work most of the time (she keeps the house, does meals and shopping, raises and schools our daughter, etc.) but just doesn't get paid for it, it would border on insult to her to treat the finances this way.\""}
{"_id": "95188", "title": "", "text": "The Windfall Elimination Provision will possibly reduce your benefits from Social Security depending on how much money you receive as a pension from the TRS. Money that is earned toward your TRS pension will not have payroll taxes withheld, so it will certainly not count toward the calculation of your Social Security retirement numbers. Beyond that, this page from the Social Security Administration will help you calculate the impact on what you'll receive."}
{"_id": "95189", "title": "", "text": "I don't think that they ask you for your citizenship status when you apply in a dealership. At least I don't remember being asked. I know of at least 3 people from my closest circle of friends who are in various immigration statuses (including one on F1) and got an auto loan from a dealership without a problem and with good rates. They have to ask for your immigration status on online applications because of the post-9/11 law changes. Edit to allow Dilip to retract his unjustified downvote: Chase and Wells Fargo have a reliable track of extending auto loans to non-permanent residents."}
{"_id": "95200", "title": "", "text": "\"This quote has it almost backwards. Thomas J. Stanley's recent book (he's one of the duo who researched and wrote about The Millionaire Next Door) claims that the top occupation of millionaires is \"\"business owner / self-employed\"\" (28%).  \"\"Real estate investor\"\" is lumped in with \"\"other\"\" (9%), and if the ordering is correct in the list, it's no more than 2% of the total. (source)\""}
{"_id": "95204", "title": "", "text": "In their early iterations, they didn't have the same legal challenges. Those started when they rolled out UberX. When they first launched in Chicago the service was close to what's now Uber Black. All of the drivers were licensed chauffeurs and the cars had livery plates, so legally they were the same as any car service you could call for a ride."}
{"_id": "95207", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-eu-banks-deposits-idUSKBN1AD1RS) reduced by 85%. (I'm a bot) ***** &gt; BRUSSELS - European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs, an EU document reviewed by Reuters revealed.  &gt; &amp;quot;The desire is to prevent a bank run, so that when a bank is in a critical situation it is not pushed over the edge,&amp;quot; a person familiar with German government&amp;#039;s thinking said.  &gt; Existing EU rules allow a two-day suspension of some payouts by failing banks, but the moratorium does not include deposits.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qliud/surely_the_banks_need_even_more_programs_in_their/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~179489 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **moratorium**^#2 **run**^#3 **lender**^#4 **fail**^#5\""}
{"_id": "95243", "title": "", "text": "So the key factor here, IMHO, is the amount we are talking about.  $2K is just not a lot of money.  If you lose every penny, you can recover.  On the other hand it is unlikely to make you wealthy.  So if I was you I would buy in, more for the fun of it all. Now if it was a large amount of money that we were talking about it would be about a percentage of my net worth.  For example, lets say the minimum was 20K, and you really believed in the company.  If I had a net worth of less than 200K, I would not do it.  If I had a larger net worth, I would consider it unless I was near retirement. So if I was 30, hand a net worth of 300K, I would probably invest as even if I did lose it all, I could recover.    Having said all that it does not sound like you completely agree that the company will be profitable.  So in that case, don't buy. Also, I have the opportunity to buy my own company's stock at a discount.  However, I do not for two reasons.  The first is I don't like investing in the company I work for.  Secondly, they require you to hold the stock for a year."}
{"_id": "95246", "title": "", "text": "These products are real, but they aren't risk free: 1) The bank could go under in that time.  (Are the investments FDIC insured?) 2) Your money is locked up for 5 years, probably with either no way to get it back out or a stiff penalty for early withdrawal, so you risk having a better investment opportunity come along and not having the liquidity to take advantage of it. 3) If the market does go down and you get 100% of your principal back, the endless ratchet of inflation practically guarantees that $10K will be worth less 5 years from now than it is today, so you risk losing purchasing power even if you're not losing any nominal quantity of money. It's still a fairly low-risk investment option, particularly if it's tied to something that you have reason to believe will increase in value significantly faster than inflation in the next 5 years."}
{"_id": "95251", "title": "", "text": "Just to clarify my statement. I don't believe they would use UPS for the whole trip. It is likely that they get enough orders at any one time from the US to be able to fill a container and ship to a UPS hub in the US. From there UPS takes over distribution to individual customers. (Source, one large account I worked on had a similar arrangement. We handled getting the containers of stuff to Sweden and then distribution companies like DHL took over and distributed to individual stores etc.)"}
{"_id": "95257", "title": "", "text": "ATM and Debit are not the same thing. ATM is a card that can only be used to withdraw money from the ATMs that belong to that bank (or participate in the same network). In some countries, ATM cards can be used for shopping if the merchant is equipped with an appropriate reader and is participating in an appropriate network. Debit card can be used for purchases in any store showing the appropriate (Visa/MC) logo, and withdraw money at any ATM showing the appropriate (Visa/MC or the ATM network that appears on the card) logo."}
{"_id": "95261", "title": "", "text": "Masha is playing with stacking ring toy. Hulk sees Masha and decides to steal her stacking toy, while she turned back to play with other toys. Baby Nursery Rhymes Songs for Kids by EVA TV. Please SUBSCRIBE our Channel: https://www.youtube.com/channel/UCO0CgjBc97kDIDU5av1UmKw?sub_confirmation=1  Please watch my other videos: https://www.youtube.com/watch?v=9xbTWlJ_5LI&amp;list=PLgglR9CX58L1I20Kwm7WkigGJzcP8OWwT"}
{"_id": "95278", "title": "", "text": "The sum of the dividend yield plus capital growth is called total return. In your examples, you get to a total return of 7% through several different (and theoretically equivalent) paths. That is the right way of thinking."}
{"_id": "95282", "title": "", "text": "\"Contribute as much as you can.  When do you want to retire and how much income do you think you'll need? A $1M portfolio yielding 5% will yield $50,000/year. Do some research about how to build a portfolio... this site is a good start, but check out books on retirement planning and magazines like Money and Kiplinger. If you don't speak \"\"money\"\" or are intimidated by investing, look for a fee-based financial advisor whom you are comfortable with.\""}
{"_id": "95294", "title": "", "text": "An A to Z Houston Locksmith serving Northwest Houston, Texas offers auto, truck and car lockout services. We are licensed, bonded and insured with professional Auto technicians and provide complete start to finish Auto service. Our service technicians come right to your location and make your keys on the spot. We service lost or stolen keys, broken keys, duplicate keys, and replacement locks for your car or truck. Call 713.842.0945 for all your security needs."}
{"_id": "95298", "title": "", "text": "The figure of legal advisors has been gaining in presence and relevance over the last few years. Usually, companies only used to go to these types of professionals when the legal problem that occupied them had already taken place. However, more and more companies prefer to hire the services take company public consultant of a good legal counsel to help them on a day-to-day basis. In this way, legal advisors currently project a proactive role that will allow the company to work to anticipate all kinds of problems and negative situations in order to avoid them or develop a good strategy with which to deal with them."}
{"_id": "95306", "title": "", "text": "Breaking up these dominant companies would be very different from industrial monopolies in the past. These tech companies provide a service, which is not measurable like other goods. Therefore it\u2019s difficult to estimate the rents that consumers pay. Facebook for example get their revenue from selling user data and providing ad space, would a forced competition reduce the ads that we see? In the case of Google, I think there\u2019s also many synergies within the different services. Breaking up these companies might not have a consumer welfare increasing effect."}
{"_id": "95320", "title": "", "text": "You are getting totally hosed mate. Assume you live in the house for ten years, can get a normal 30 year mortgage and house prices average at 3% annually You could get a mortgage at 3.8% so your monthly payment would be $560 a month.  $60 a month difference over 10 year is $7200 Because you are paying down on a  conventional mortgage you would owe 93500 after 10 years.  On top of that the house would have appreciated by $47000.  You would have to give you parents $35500 of that.  So by avoiding a normal loan it's costing you an extra $49000."}
{"_id": "95321", "title": "", "text": "The other answers have offered some great advice, but here is an alternative that hasn't been mentioned yet. I'm assuming that you have an adequately-sized emergency fund in savings, and that your cars are your only non-mortgage debt. Since you still have car debt, you probably don't have anything saved for buying a new car when your current cars are at the end-of-life. Consider paying off your car loans early, then begin saving for your next car. Having cash in the bank for a car is very freeing, and it changes your mindset when it comes time to purchase a car, as it is easy to waste a lot of money on something that depreciates rapidly when you aren't paying for it immediately.  This approach might be counterintuitive if your car loan interest rate is less than your mortgage rate, but you will probably need another car before you need another house, and paying cash for a car is worth doing."}
{"_id": "95322", "title": "", "text": "You could also start a business.  I ran a project called the Thousand Rand Challenge a few years ago in South Africa where we supported people in starting a business for about $100 each.  Some of them were surprisingly profitable. You can find a few ideas at the wiki site."}
{"_id": "95325", "title": "", "text": "McDonalds has gone the automation route for the last 30 years, does your mouth water thinking about eating at Mcdonalds?  Or would you rather have something at Panera, Chipotle or Five Guys?  All of which use humans to make their food.  McDonald's sales are flat, all the restaurants I've mentioned are expanding.  People will vote with their wallets if they want to eat the food that a machine or a human makes for them."}
{"_id": "95337", "title": "", "text": "Yeah, so will I.  Why let the bankers make all the money right?  Good explanation, it'll be interesting to watch what happens with it all.  What willl they do try to throw the Ali baba CEO in jail too like they did the megaupload guy"}
{"_id": "95340", "title": "", "text": "This is exactly what happened with Enron.  The 401k was mostly invested in company stock, so when the company went bankrupt the employees lost both their jobs and savings.  The plan administrator was also faulted by the government for continuing to allow new purchases of stock even as the stock price (and hence the perceived fortunes of the company) tumbled.  http://money.cnn.com/2001/11/26/401k/q_retire_enron_re/  http://www.investopedia.com/articles/analyst/011802.asp"}
{"_id": "95352", "title": "", "text": "Fashioncornerstone.com is an amazing online store in the USA from where you can purchase the most stylish stuffs for men and women at very reasonable prices. Free Delivery Available in the USA! Get up to 80% off all summer!"}
{"_id": "95356", "title": "", "text": "\"Your best option right now is to get a lawyer, file suit against your insurance for the full amount (total shown on the collections from the provider, without discounts) plus \"\"damages\"\".  Include in the damages the cost of your lawyer, time spent resolving this, and any other expenses you have incurred thus far in dealing with this.  Your lawyer will be able to give you guidance here.  I think you'll find that the insurance company changes their tune once they are served papers.\""}
{"_id": "95371", "title": "", "text": "Not so much a scam, if you fill the required paperwork and actually take time to mail it in assuming it's done correctly; you will get your money. That being said, having a mail-in rebate program is usually a win-win for the seller. While they may have to pay a small fee to a third party who handles the rebate almost always this influences a potential buyer to choose a specific product over the alternative. The seller knows very well that very few people will actually go through with it. And yes, they do often make the process needlessly complicated and long as a deterrent.  Plus, let's be real, no one likes sending out physical letters anymore. From a marketing standpoint the mail-in rebate is a brilliant idea. However, it's usually more of an annoyance for the consumer."}
{"_id": "95378", "title": "", "text": "\"Under the Lanham Act, the issue is whether the use of a name will have a \"\"likelihood of confusion\"\" with a registered trademark. Courts look at similarities in the marks but also realize that consumers are not necessarily looking at side by side comparisons to try to determine the source of the product.   Krogers appears to be arguing that a consumer goes to the store and see \"\"preferred selection\"\" and thinks, \"\"oh, that's the brand that has the cheap price\"\" so they buy it. Krogers spent a lot of time and money to create that initial impression in the consumer's mind.  It looks like they did a survey by an expert to confirm that consumers are getting the brands confused. If that's truly the case, it's probably worth the investment to try to protect their territory. Obviously that is what Kroger has decided to do.  It will be an interesting case to follow. But I will probably watch Netflix instead.\""}
{"_id": "95385", "title": "", "text": "Paella is the most recognised and valued international Spanish dish. It receives its name from the \u2018flat pan\u2019 in which it is cooked. If you are thinking of throwing a paella party? Think of Vamos Paella. The oomph delivered by them into this great European rice dish reminds us exactly how good paella can be. A paella catering by them includes waiting and bar staff, linen, cutleries or any other hire that ensures your event goes smoothly. It\u2019s a one stop solution for your paella party. w more about us here: https://coreyleonard.wistia.com/medias/rpqd4i8ypq"}
{"_id": "95390", "title": "", "text": "\"Where are you from? The Netherlands has tax treaties with different countries that may offer you some additional options. The Netherlands calculates a maximum tax free contribution to your pension each year based on your income. If you contributed less than you were allowed to (pensioengat), you can invest the difference between your actual and allowed contributions in special retirement investments that usually offer tax advantages. A gap like this can be due to getting a bonus or a raise. After looking around, the investments available are either a special savings account (banksparen) or an annuity (lijfrente).  Your allowed contributions to both will be tax deductible and the investment itself is excluded from wealth tax (box 3 taxes).  I also see Aegon offering an \"\"investment annuity\"\" that lets you invest in any of 7 of their mutual funds until a certain date at which time you liquidate and use the proceeds to fund an annuity. With the Dutch retirement options, wou will not in general get the same freedom of choice or low costs associated with IRAs in the US.  I'm not sure about ISAs in the UK.  It's also important to check any tax agreements between countries to ensure your chosen investment vehicle gets the tax advantaged treatment in your home country as it does in the Netherlands.  For US citizens, this is important even when living abroad.  For others, it is important if you return to your home country and still have this investment. If you are a US citizen, you have an additional option.  The US / Dutch tax treaty allows you to make these contributions to preexisting (i.e. you had these before moving to NL) retirement accounts in the US like an IRA. Note that in practice it may be difficult to contribute to an existing Roth IRA because you would need to have earned income after the foreign income tax deduction but less than the maximum income for a Roth contribution.\""}
{"_id": "95397", "title": "", "text": "Shares in a company represent a portion of a company. If that company takes in money and doesn't pay it out as a dividend (e.g. Apple), the company is still more valuable because it has cold hard cash as an asset. Theoretically, it's all the same whether your share of the money is inside the company or outside the company; the only immediate difference is tax treatment.  Of course, for large bank accounts that means that an investment in the company is a mix of investment in the bank account and investment in the business-value of the company, which may stymie investors who aren't particularly interested in buying larve amounts of bank accounts (known for low returns) and would prefer to receive their share of the cash to invest elsewhere (or in the business portion of the company.) Companies like Apple have in fact taken criticism for this. Your company could also use that cash to invest in itself (growing the value of its profits) or buy other companies that are worth money, essentially doing the job for you. Of course, they can do the job well or they can do it poorly... A company could also be acquired by a larger company, or taken private, in exchange for cash or the stock of another company. This is another way that the company's value could be returned to its shareholders."}
{"_id": "95415", "title": "", "text": "\"You may look into covered calls.  In short, selling the option instead of buying it ... playing the house.   One can do this on the \"\"buying side\"\" too, e.g. let's say you like company XYZ.  If you sell the put, and it goes up, you make money.  If XYZ goes down by expiration, you still made the money on the put, and now own the stock - the one you like, at a lower price.  Now, you can immediately sell calls on XYZ.  If it doesn't go up, you make money.  If it does goes up, you get called out, and you make even more money (probably selling the call a little above current price, or where it was \"\"put\"\" to you at). The greatest risk is very large declines, and so one needs to do some research on the company to see if they are decent -- e.g. have good earnings, not over-valued P/E, etc.  For larger declines, one has to sell the call further out.  Note there are now stocks that have weekly options as well as monthly options.  You just have to calculate the rate of return you will get, realizing that underneath the first put, you need enough money available should the stock be \"\"put\"\" to you.   An additional, associated strategy, is starting by selling the put at a higher than current market limit price.  Then, over a couple days, generally lowering the limit, if it isn't reached in the stock's fluctuation.  I.e. if the stock drops in the next few days, you might sell the put on a dip.   Same deal if the stock finally is \"\"put\"\" to you.  Then you can start by selling the call at a higher limit price, gradually bringing it down if you aren't successful -- i.e. the stock doesn't reach it on an upswing. My friend is highly successful with this strategy. Good luck\""}
{"_id": "95435", "title": "", "text": "\"Yes, it's taxable. If anyone suggests it's a gift, they are mistaken. There's a line on the 1040 for \"\"other\"\" and as long as you claim it, you're fine with the IRS. It's 2012 income as you already got it.  Edit - mhoran makes two good points I'm not really able to address. (a) does a late bonus such as this effect one's penalty? (b) since it skipped payroll, will there be an issue by not having FICA withheld?\""}
{"_id": "95438", "title": "", "text": "They hired Mandiant (an IT security consulting company) to come in and do damage control once they first got hacked in March. Are we really to believe that the CFO had no knowledge of this, or the larger hack in July) when he sold his shares two days after the second and larger hack was discovered? Seriously spending that kind of money (at least six figures per month) on an outside security consulting firm wouldn't require sign-off from the CFO?"}
{"_id": "95440", "title": "", "text": "The Livret A is a very specific product. It's tax-exempt and would historically not be available through regular banks. Commercial banks can now offer it but they only collect the money on behalf of the Caisse des d\u00e9p\u00f4ts (CDC). The CDC then pays interest to the savers and a commission for the bank. The commission is baked into the system, not charged to the customer directly but since the interest rate is set centrally, banks cannot compete on that. So this is risk-free money for them (but on the flip side it does not help them meet capital adequacy requirements). Other savings account or products have different rules. Another angle to consider is that a livret A was historically very attractive for consumers (and was certainly perceived as such) so that many people would have a checking account at a regular bank and another account at the Caisse d'\u00e9pargne or the Banque postale just to open a livret A. For commercial banks, the alternative therefore isn't having your money on your checking account vs. your livret A or another savings account, it was having your money on a livret A they administer vs. seeing you run away to another institution. There is also a cap on the livret A and you're not allowed to save more money by opening several of them at different banks. At the same time banks have been complaining that the decrease of the interest rate (and consequently of their commission) makes the whole scheme a lot less interesting for them. For what it's worth, I recently (re)opened a bank account in France after living abroad for a long time and the customer advisor did not seem particularly interested in pushing a livret A."}
{"_id": "95441", "title": "", "text": "It's income. It's almost certainly subject to income tax. As miscellaneous income, if nothing else. (That's what hobby income usually falls under.) If you kept careful records of the cost of developing the app, you might be able to offset those against the income... again, as with hobby income."}
{"_id": "95474", "title": "", "text": "&gt;  Why is this not a monopoly?  because with the click of a mouse you can buy what you want from someone else.  It just might cost more.  Retailers should have gotten off their butt a long time ago because it was obvious what Amazon was doing."}
{"_id": "95478", "title": "", "text": "I'd agree, inflation affects the value of the dollar you measure anything in. So, it makes your debt fade away at the same rate it eats away at dollar denominated assets. I'd suggest that one should also look at the tax effect of the debt or assets as well.  For example, my 3.5% mortgage costs me 2.625% after tax. But a 4% long term cap gain in stocks, costs me .6% in tax for a net 3.4%."}
{"_id": "95479", "title": "", "text": "\"Since a lot of the companies in your source are public accounting firms, I'm interested in if these salaries are similar to what they (PwC, EY, Deloitte, etc...) pay their entry level accountants? How about entry level advisory accountants? Do their accountant salaries ever approach the level of their \"\"consultants\"\"?\""}
{"_id": "95490", "title": "", "text": "So a major problem with looking at historical stock data on these graphs is that they set the stock price based off of current market volumn. If I was to say look at Majesco Entertainment (COOL) in june of 2016. It would say that the stock as trading between $5-6. In reality it was between .50-$1.  But in august there was a 6:1 reverse split. So June's value based on todays current share count would be about $5-6 per one share. 1988 for home depot must have been a really bad year for them, and because of all the splits they've had over the years already screws that estimate of what one share is worth. There's a lot of variance in 1988, but you have to be looking at only 1988. 87 and 89 really screws the the chart's scale."}
{"_id": "95495", "title": "", "text": "&gt; how it feels in your hand, how it tastes, where you buy it, what you think when you think of a product in your mind.   It's exactly that kind of crap that turns me off. If I even think some numbnuts marketing type has spend day long conference room meetings trying to brainstorm what I will think when I think of the product - I want nothing to do with it.  Or in short, authenticity can't be faked. Stop wasting time on that and just make a better product at a lower price."}
{"_id": "95497", "title": "", "text": "These days, you have the option of choosing custom t-shirts online, which add to the style statement. These shirts are available as per everyone\u2019s liking and are in budget too. One just needs to go online, select the best design and design your own shirt after finalizing the quote."}
{"_id": "95541", "title": "", "text": "I hear what you're saying @mgibbons. It's just that how much they're paid shouldn't really be an issue. Poor customer service seems to be why they're about to get replaced by these turnstyles.   Be nice. Save your job. (Even in situations where entitled, snobbish people are arguing and giving you a hard time.) Yes, travelers can be more civil. Yes, gate attendants can be nicer. Yes, we all have to treat each other better."}
{"_id": "95542", "title": "", "text": "Don't worry, if both states can make a claim, they will. It may even depend on the states involved. Some states have reciprocity and others do not. That is why with this much money involved the winner should not be in a rush to claim the money. Get quality advice if you win."}
{"_id": "95559", "title": "", "text": "I wouldn't classify your treatment as abuse. Medical billing has become more complex not less complex. You need to learn to ask even more questions regarding expenses, you probably need to see these price quotes in writing. You did several things correctly. Staying in-network generally is best because many plans have two deductible limits: In-network, and out-of-network.  You need to make sure that the insurance company does credit you with having paid the new patient fee. That will qualify as an expense toward the deductible and your maximum out of pocket for the year. Some doctors offices don't send to insurance companies items that they know will not be covered, not remembering that these costs are critical under the High deductible plans with a health savings account. Doctors offices have problems determining how much the cost to you will be. It depends not just on the insurance company but also which type of plan you have, which sub-plan you have, and are you covered by more than one plan. Not to mention individual deductibles, family deductibles, and annual out-of-pocket amount. All this is wanted prior to the doctor seeing the patient. Most doctors offices will work with you, they know that each insurance plan treats each medical billing code differently, sometimes they make a mistake. Talk to them."}
{"_id": "95561", "title": "", "text": "In the US, the bank won't provide you with footage, as that would subject them to liability if you decide to go vigilante. Also, keep in mind that the quality of the footage is often ridiculously bad. Call the police."}
{"_id": "95598", "title": "", "text": "\"Now store the money in -- okay here, think about a realistic worst case scenario.  Not zombie attack or meteor mega-strike, but the kinds  in which you are not entirely helpless: job loss stacked on top of the worst recession since the Great Depression, along with credit drying up so you can't just borrow your way through the hard times.   Store the money in an account and investment which is  relatively liquid, meaning you could extract cash value from it fairly easily in a worst case scneario.  Safe -- essentially impossible to lose significant value in a worst case scenario.  (or, you only count the part of its value that's sure to be there in a worst case.) If you're much too cool for an emergency fund, then sorry to waste your valuable time!    For the rest of us, it's a planning tool.   Even dot-coms do this: it's called a \"\"burn-rate\"\" and they know exactly how many more weeks their VC can fund operations.    Of course in practicality, it may not go to X months of routine expenses. Most of it may get burned up in month 2 on a new transmission.  You can't really predict this stuff, the \"\"X month\"\" paradigm is just an arm-wave.   For the financially uneducated, it's also a training tool.   In the US, school does not provide financial education.  Most people get financial habits from their parents, and like most family lessons, they are deeply emotionally wired, even if they are unconscious of that fact.  For instance, some people don't ask for the salaries they deserve, and spend lavishly until the checkbook is zero - they literally push money away.  Suffice it to say, it's a challenge to get some people to even realize that savings is a thing, when they have never in their whole lives been able to hold onto more than $20 for more than a week. The concept of an emergency fund is a sellable way to break through that \"\"I can't save\"\" mental-block. So I can see where you might think the emergency fund is greasy kidstuff.   Fair.  But it's not just that, it's also a very practical planning tool.\""}
{"_id": "95617", "title": "", "text": "It looks like their three months ending and six months ending June 30, 2012 income statements are the same?? Did they start April1, 2012?  Anyways, it looks bad though that was the first quarter. Hard to judge if that's the case"}
{"_id": "95635", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-19/some-famously-efficient-japanese-manufacturers-are-now-lying-to-compete) reduced by 87%. (I'm a bot) ***** &gt; The latest sign of just how desperate many Japanese companies have become to stay ahead of foreign rivals: Kobe Steel Ltd.&amp;#039;s admission this month that for years it has faked data on the quality of its aluminum, copper, and steel products.  &gt; The scandal &amp;quot;At the very least removes some of the ability of Japanese companies to have premium pricing,&amp;quot; says Alexander Robert Medd, managing director at Bucephalus Research Partnership Ltd. &amp;quot;You don&amp;#039;t buy Japanese goods because they are cheap. The whole thing is because of quality.&amp;quot; -With Masumi Suga and Ichiro Suzuki.  &gt; BOTTOM LINE - Kobe Steel&amp;#039;s scandal over fake quality data is the latest example of how some competition-pressed Japanese companies are bending the rules.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77tpus/some_famously_efficient_japanese_manufacturers/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232489 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Japan**^#1 **company**^#2 **Kobe**^#3 **Steel**^#4 **Japanese**^#5\""}
{"_id": "95643", "title": "", "text": "Detroit is well positioned to create a direct pipeline of talent for Amazon.  They already get a huge percentage of their corporate hires from University of Michigan, and with Canada being a 20 minute drive across one bridge, Amazon would be able to leverage Canada's welcoming immigration policy even if the US continues to restrict its international visa program."}
{"_id": "95658", "title": "", "text": "Does it matter? IF a hostile State wanted to use this data it will certainly be available to buy. Imagine the chaos that a coordinated attack could cause if this data started to be used specifically to cause disruption.  The US government should be reacting AS IF this was a State sponsored attack. Legislation should be *flying* through Congress to mitigate this risk."}
{"_id": "95660", "title": "", "text": "Do u mean like a company cafeteria/dining area within the building that runs its own numbers? Or a recent acquisition that still functions as its own entity? I think Google is a great example in general as it owns a lot of smaller companies. Just some ideas, hope it helps!"}
{"_id": "95664", "title": "", "text": "Not true.  When men are given the option to share mat leave with their partner, the woman takes the maximum she can in the majority of cases.  It's due partly, I'm sure, to stereotypically stronger maternal instinct but, mainly, men tend to be better paid than their spouses and losing 20% of his salary hurts the family more than losing 20% of hers."}
{"_id": "95683", "title": "", "text": "Unless you're an active trader, 30 trades per month is a number you'll probably never hit, so you might as well take advantage of the offer while you have it. But don't trade more than you normally would. Discount brokerages make money on the arbitrage between the bid and ask prices on the exchanges (legal as long as you get a price that was available on the open market - they disclose this in the fine print in your account paperwork). So they want you to trade as often as they can get you to. As you say, it's really just a mind game. There is always a cost to doing business with a bank or brokerage. They charge you fees for services and they make money on your deposits while you're not using them. So while it looks like they're paying you interest, which they are, they're not paying you all the interest they've earned using your money. So there's the cost. It was only when interest rates dropped so low that they were starting to feel it, that they started rolling out more overt fees for services. If you'll notice, the conditions that cause the fees to be waived in your account all lead to increased deposits or transactions, either directly or indirectly. If your main concern is the efficiency of your investments, which by your description appear to be rather modest, you should consider dollar-cost averaging (DCA) into a mutual fund (of which there are plenty of high quality no-load/no-fee options around), or into a stock if your brokerage offers a lower-fee DCA program for stocks (where you can often buy partial shares)."}
{"_id": "95695", "title": "", "text": "Yeah, I'm introverted &amp; have social anxiety... I love what I do and from my 3 years of experience I think I seem to be really good at it, but I don't like the being managed aspect... I haven't had a chance to do a two way flexwork gig or anything, just on call vacations and mandatory office presence, emergency work from home, unpaid OT...  I should note we live in Canada. This is from job postings here. I have had recruiters contact me but I am skeptical, nobody seems to even look at my skills. None of my work projects are public and I was the company's only developer for 2 years so it kind of sucks."}
{"_id": "95715", "title": "", "text": "When traveling you can use any flavor of credit card or exchange usd to local currency. When you move, just switch to a new local credit union. Leaving big banks for a credit union might not personally give you a different experience, but at least you can know you're not supporting scum."}
{"_id": "95716", "title": "", "text": "I don't believe that I said climate change is a hoax in my comment and besides climate change has been occurring throughout the entire history of the earth. Also I never said that anyone who disagrees with Trump is anti-American but if they actually cared about helping the country they would stay on the board and continue to fight for what they believe not just run and pout when they don't get their way."}
{"_id": "95724", "title": "", "text": "You won't be paying any taxes for income generated in the US as long as you are not-resident in India. You pay US taxes. You can file a null return in India just in case (all zeroes). If you have any income in India - bank deposits in your name, house rental income and so on - that needs to be declared and tax needs to be paid in India."}
{"_id": "95729", "title": "", "text": "Lol. I don't think they teach this in school. Maybe try challenging your preconceived notions sometime.  Anyway, regardless of what you think of the value of diversity, the article doesn't put women on a pedestal in any way whatsoever. Gotta doubt you even read it (though to be fair, it was a pretty crap article...) since you've so spectacularly missed the point."}
{"_id": "95743", "title": "", "text": "Comes to about the same? The avg cost per year of studying in most european countries is between 1 and 3k. Some are free. You have to navigate to find the perfect match. Is it easy? No. Is it worth it? Maybe. But it's a joke to even say it costs the same... aren't you on your own for food and rent in the US as well? If anything, it's a lot cheaper in Europe. People just make it sound like the debt trap in the US is inevitable when it isn't."}
{"_id": "95762", "title": "", "text": "What you mentioned are mature enough technologies to have planes fly themselves now; in fact they already do most of the time. What is missing is software to handle complicated contingencies and probably some additional computing power on-board the plane itself . Computers have been responsible for most of the flying done in the past 10-15 years and there haven't been many tragedies at all, in fact air travel is the safest form of travel; your fears are unfounded."}
{"_id": "95775", "title": "", "text": "Under US law, if you clearly have more than half of a torn bill it is worth its full value; the smaller piece is worth nothing... except that having both halves makes the banking system much happier, since it prevents some particularly stupid counterfeiting attempts. So this proposal wouldn't be cheat-proof unless the cut is close enough to the middle to make determining 51% difficult. And I'd like to see you try to explain to a bank how so many bills were cut in half... (This is more normally an issue when money has been damaged unintentionally, of course.)"}
{"_id": "95776", "title": "", "text": "See, the reason why this is still not good is this: the companies that determine the \u201cuse by\u201d date are the same companies that profit by you throwing it away and buying more, sooner than is necessary.   To me, that\u2019s a direct conflict of interest.   What we actually need is a requirement to have an independent company determine the literal \u201cuse by\u201d dates.   This is a good step forward in terms of understanding something, but still ignores a glaring conflict of interest."}
{"_id": "95778", "title": "", "text": "\"The expression \"\"in debt\"\" when talking about a person's financial affairs means that the sum of debit balances on all accounts exceeds the sum of credit balances on all accounts.    A mortgage account is not excluded from that. This definition also does not consider whether any of the debt is secured, or ownership of assets (shares, property, chattels, etc).   So, someone with a mortgage of one million dollars for a home that is worth two million is in debt by one million dollars, until they they sell the home (for that amount) and pay down the mortgage. That means \"\"in debt\"\" is not necessarily a statement about net worth.\""}
{"_id": "95789", "title": "", "text": "What an amazingly hollow performance by a retard who dodged the draft talking about valor, honor and sacrifice.  America is imploding, nobody gives a shit what this nit wit says because not only does he not understand what he is talking about, he will change his decision in the next couple of hours.  The first interest in his mind is the Israeli masters welfare and their agents that control the US economy which is about to go down the drain because of QE and what ever financial goobly gook they are going to try and pull there, but next he wants to suck the dick of their cow piss drinking Indian 13th lost tribe.  If this moron survives in office for a couple of more days both the US and the Indians can [default together](https://www.bloomberg.com/news/articles/2017-08-21/record-defaults-in-india-worsen-nation-s-bad-asset-pain) as the global economy gets fucked again and our Nato allies show us the middle finger one more time.  Meanwhile The Chinese and the Russians are having a good laugh and the Pakistani's are wondering how on earth does this moron think that they will work with him when he sucking Jewish dick and getting butt fucked by the Hindus."}
{"_id": "95798", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.yalelawjournal.org/note/amazons-antitrust-paradox) reduced by 100%. (I'm a bot) ***** &gt; Amazon&amp;#039;s closest encounter with antitrust authorities was when the Justice Department sued other companies for teaming up against Amazon.  &gt; The political risks associated with Amazon&amp;#039;s market dominance also implicate some of the major concerns that animate antitrust laws.  &gt; D. Amazon Marketplace and Exploiting Data As described above, vertical integration in retail and physical delivery may enable Amazon to leverage cross-sector advantages in ways that are potentially anticompetitive but not understood as such under current antitrust doctrine.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xhut2/amazons_antitrust_paradox/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~202701 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Amazon**^#1 **price**^#2 **market**^#3 **platform**^#4 **business**^#5\""}
{"_id": "95805", "title": "", "text": "There are times when you need to find a particular auto part that you already know will be difficult to find. It is one of those rare parts possibly for an older model or older year car. If you call the local auto parts store you may have to wait while they research and hunt for that part."}
{"_id": "95806", "title": "", "text": "Remember that shares represent votes at the shareholders' meeting. If share price drops too far below the value of that percentage of the company, the company gets bought out and taken over. This tends to set a minimum share price derived from the company's current value. The share price may rise above that baseline if people expect it to be worth more in the future, or drop s bit below if people expect awful news. That's why investment is called speculation. If the price asked is too high to be justified by current guesses, nobody buys. That sets the upper limit at any given time. Since some of this is guesswork, the market is not completely rational. Prices can drop after good news if they'd been inflated by the expectation of better news, for example. In general, businesses which don't crash tend to grow.  Hence the market as a whole generally trends upward if viewed on a long timescale. But there's a lot of noise on that curve; short term or single stocks are much harder to predict."}
{"_id": "95819", "title": "", "text": "Nice burn job. This guy got over big time. I wonder if he will retire for good or just transfer to another firm and run the burn again? It's not like he or any of them will ever face any penalties for it. Must be good to be King."}
{"_id": "95825", "title": "", "text": "Great, since you have it all figured out and did manage to read a book, than you should not have to worry abut Iran, and Saudi Arabia and Turkey and Jordan and Oman and Qatar all going Nuclear. We can have a nice Kosher Bar B Q  And the Hilarious thing is both the Chinese and Russians have nuclear weapons that can reach us, but I think the Chinese put too much lead paint on our toys."}
{"_id": "95846", "title": "", "text": "\"This actually works for some products, e.g. people are OK with paying a premium for \"\"fair trade\"\".  There are also \"\"buy one give one\"\" programmes where people pay an extra to feel good about their purchase. It works if you  have clear marketing.\""}
{"_id": "95860", "title": "", "text": "one should run their personal business like a company.  I walked away from major credit card debt three years ago.  soon the debt will be effectively gone forever, I having paid nothing.   Fuckers should have negotiated. eat shit big banks."}
{"_id": "95862", "title": "", "text": "Never saw such a study, would be very interested in it.  I think it depends on the kind of job.  I'd think that - on average - while individually, fixed hours are probably less effective than flexible one, at the scale of a average size company, the gain is offset by the burden from having too many different schedules amongst workers."}
{"_id": "95863", "title": "", "text": "I don't have the same brand, I have the Breville pressure cooker (which is similar but has an extra temperature sensor on the lid), but you don't know what you're talking about. Those buttons for different foods are just presets for pressure level, cooking time, and pressure release setting. Otherwise you can just manually set those options.  Electric pressure cookers are amazing. All the benefits of a traditional pressure cooker but added benefit of computer control. I can make amazing black bean soup (with dried beans) in short time. Make a full flavored chicken stock in the fraction of time that the traditional method takes. Want some chicken pho super fast? Use a pressure cooker. Pork chile verde super fast? It does that too. Risotto in short time without having to constantly stir? It makes great risotto.  My brother has the Instant Pot brand pressure cooker and it seems every bit as good as the one I have."}
{"_id": "95869", "title": "", "text": "This is one way in which the scheme could work: You put your own property (home, car, piece of land) as a collateral and get a loan from a bank. You can also try to use the purchased property as security, but it may be difficult to get 100% loan-to-value. You use the money to buy a property that you expect will rise in value and/or provide rent income that is larger than the mortgage payment. Doing some renovations can help the value rise. You sell the property, pay back the loan and get the profits. If you are fast, you might be able to do this even before the first mortgage payment is due. So yeah, $0 of your own cash invested. But if the property doesn't rise in value, you may end up losing the collateral."}
{"_id": "95885", "title": "", "text": "It would be meaner to force myself on to someone at a threat of losing there property or possibly jail.  Sadly I'm not entitled to any job I want no matter how qualified I am.  I probably won't be making lots more than I'm making now."}
{"_id": "95889", "title": "", "text": "It's important to remember what a share is.  It's a tiny portion of ownership of a company. Let's pretend we're talking about shares in a manufacturing company.  The company has one million shares on its register.  You own one thousand of them.  That means that you own 1/1000th of the company. These shares are valued by the market at $10 per share.  The company has machinery and land worth $1M.  That means that for every dollar of the company you own, 10c of that value is backed by the physical assets of the company.  If the company closed shop tomorrow, you could, in theory at least, get $1 back per share.  The other $9 of the share value is value based on speculation about the future and current ability of the company to grow and earn income. The company is using its $1M in assets and land to produce goods which cost the company $1M in ongoing costs (wages, marketing, raw cost of goods etc...) to produce and make $2M per year in sales.  That means the company is making a profit of $1M per annum (let's assume for the sake of simplicity that this profit is after tax). Now what can the company do with its $1M profit?  It can hand it out to the owners of the company (which means you would get a $1 dividend each year for each share that you own) or it can re-invest that money into additional equipment, product lines or something which will grow the business.  The dividend would be nice, but if the owners bought $500k worth of new machinery and land and spent another $500k on ongoing costs and next year we would end up with a profit of $1.5M. So in ten years time, if the company paid out everything in dividends, you would have doubled your money, but they would have machines which are ten years older and would not have grown in value for that entire time.  However, if they reinvested their profits, the compounding growth will have resulted in a company many times larger than it started. Eventually in practice there is a limit to the growth of most companies and it is at this limit where dividends should be being paid out.  But in most cases you don't want a company to pay a dividend.  Remember that dividends are taxed, meaning that the government eats into your profits today instead of in the distant future where your money will have grown much higher. Dividends are bad for long term growth, despite the rather nice feeling they give when they hit your bank account (this is a simplification but is generally true). TL;DR - A company that holds and reinvests its profits can become larger and grow faster making more profit in the future to eventually pay out.  Do you want a $1 dividend every year for the next 10 years or do you want a $10 dividend in 5 years time instead?"}
{"_id": "95890", "title": "", "text": "\"The answer to your question depends on what you mean when you say \"\"growth\"\".  If you mean a literal increase in the aggregate market capitalization of companies, across the entire market, then, no, this sort of growth is not possible without concomitant economic growth.  The reason why is that the market capitalization of each company is proportional to its gross revenue, and the sum of all revenue from selling \"\"final goods\"\" (i.e., things purchased and used by consumers) is, apart from a few technicalities, the definition of GDP.  The exact multiplier might fluctuate up or down depending on investors' expectations about how sales will grow or decline going forward, but in a zero-growth economy this multiplier should be stable over the long run.  It might, however, still fluctuate over the short term, but more about that in a minute.   Note that all of this applies to aggregate growth across all firms.  Individual firms can still grow, of course, but as they must do this by gaining market share from other companies such growth would be balanced by a decline for some other firm.  Also, I've assumed zero net exports (that's one of the \"\"technicalities\"\" I mentioned above) because obviously you could have export-driven growth even if the domestic economy were stationary. However, often when people talk about \"\"growth\"\" in the market, what they really mean is \"\"return\"\".  That is, how much does your investment earn for you.  This isn't really the same thing as growth, but people often think of it that way, particularly in the saving phase of their investing career, when they are reinvesting their returns, and therefore their account balances are growing.  It is possible to have a positive return, averaged across the market, even in a stationary economy.  The reason why is that there are really only two things a firm can do with its net profits.  One possibility is that it could invest it in growing the business.  However, there is not much point in doing that in a stationary economy because by assumption no increase in aggregate consumption (and therefore, in the long run, aggregate production) are possible.  Therefore, firms are left with only the second option, which is to pay them out to investors as dividends.  Those dividends provide a return that is independent of economic growth. Would the stock market still be a good investment in such an economy?  Yes.  Well, sort of.  The rate of return from firms' dividend payouts will depend on investors' demand (in aggregate) for returns on their investments.  Stock prices will rise or fall, causing returns to respectively fall or rise, to find that level.  If your personal desire for returns is lower than the average across the investing public, then the stock market would look like a good investment.  If your desired return is higher than the average, then it will look like a poor investment.  The marginal investor will, of course be indifferent.  The practical upshot of this is that the people who invest in the stock market in this scenario will be precisely the ones for whom the stock market is a good investment, given their personal propensity to save and desire for returns, and so forth. Finally, you mentioned that in your scenario the GDP stagnation is due to declining population.  I am less certain what this means for investment, but my first thought is that you would have a large retired population selling its investments to fund late-life consumption, and you would have a comparatively small (relative to history) working population buying those assets.  This would lead to low asset prices, and therefore high rates of return.  However, that's assuming that retirees need to sell assets to fund their retirement consumption.  If the absolute returns on retirees' assets are large enough to fund their retirement consumption then you would wind up with relatively few sellers, resulting in high prices and therefore relatively low rates of return.  It's not obvious to me which effect would dominate, and so it's hard to say whether or not the resulting returns would look attractive to the working-age population.\""}
{"_id": "95891", "title": "", "text": "Fighting with email is a loosing battle. Use a service like amazon ses, mailchimp or a hosting provider with mailchannels or similar smart hosts and be done. Your double opt in, not spam email will more likely be delivered to the inbox (if its single opt, opt out only or quasi spam nothing will help)."}
{"_id": "95894", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/06/business/economy/united-states-economy-gdp-trump.html?&amp;amp;hp&amp;amp;action=click&amp;amp;pgtype=Homepage&amp;amp;clickSource=story-heading&amp;amp;module=first-column-region&amp;amp;region=top-news&amp;amp;WT.nav=top-news&amp;amp;_r=0) reduced by 89%. (I'm a bot) ***** &gt; Far from living up to expectations of a lift after Mr. Trump&amp;#039;s election, the growth rate in the first quarter turned out to be an anemic 1.4 percent.  &gt; Growth of 2 percent is not horrible, especially given that the recovery is now the third longest on record and that the unemployment rate is at 4.3 percent, the lowest in 16 years.  &gt; Macroeconomic Advisers, a St. Louis research firm whose crystal ball is highly regarded among forecasters, began the second quarter by calling for 3.6 percent growth but now estimates the rate will be more like 2.5 percent.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6llqna/hopes_of_trump_bump_for_us_economy_shrink_as/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~160661 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **more**^#2 **rate**^#3 **growth**^#4 **economist**^#5\""}
{"_id": "95910", "title": "", "text": "We offer a far reaching scope of services including review and affirmation, bookkeeping, duty and business admonitory to customers extending from little nearby customers to huge multinational organizations. Further, through our VALIS Group Inc participation, we can join nearby mastery with the information and experience of individual VALIS Group Inc individuals around the world. The procedure Same day company formation of organization fuse in Wilmington, DE doesn't take long if every one of the reports are legitimately submitted and it can last half a month. The outside business visionaries must pick the correct sort of organization to build up considering different perspectives, for example, the offer capital, the destinations and the aggregate number of shareholders."}
{"_id": "95919", "title": "", "text": "Mang \u0111\u1ecbnh h\u01b0\u1edbng l\u00e0 m\u1ed9t s\u1ea3n ph\u1ea9m h\u1ea1ng sang, g\u00f3p ph\u1ea7n n\u00e2ng t\u1ea7m di\u1ec7n m\u1ea1o cho khu v\u1ef1c, Vinhomes Gi\u1ea3ng V\u00f5 \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng s\u1ebd \u0111\u01b0\u1ee3c trau chu\u1ed1t t\u1ec9 m\u1ec9, c\u1ea9n th\u1eadn d\u01b0\u1edbi b\u00e0n tay kh\u00e9o l\u00e9o, t\u00e0i hoa c\u1ee7a nh\u1eefng ki\u1ebfn tr\u00fac s\u01b0 t\u00e0i ba thu\u1ed9c t\u1eadp \u0111o\u00e0n thi\u1ebft k\u1ebf h\u00e0ng \u0111\u1ea7u. Theo m\u1ed9t s\u1ed1 ngu\u1ed3n tin \u0111\u01b0\u1ee3c t\u1ed5ng h\u1ee3p t\u1eeb b\u00e1o ch\u00ed, thi\u1ebft k\u1ebf t\u00f2a nh\u00e0 d\u1ef1 \u00e1n theo ki\u1ec3u \u201cgi\u1eadt c\u1ea5p\u201d s\u1ebd l\u00e0 phong c\u00e1ch thi\u1ebft k\u1ebf m\u1edbi l\u1ea1 t\u1ea1i d\u1ef1 \u00e1n, h\u1ee9a h\u1eb9n nh\u1eefng tr\u1ea3i nghi\u1ec7m m\u1edbi v\u00e0 c\u1ea3m nh\u1eadn ho\u00e0n to\u00e0n m\u1edbi d\u00e0nh ri\u00eang cho Qu\u00fd c\u01b0 d\u00e2n t\u01b0\u01a1ng lai c\u1ee7a chung c\u01b0 Vinhomes Gi\u1ea3ng V\u00f5: v\u1edbi kh\u00f4ng gian r\u1ed9ng tho\u00e1ng h\u01a1n (\u0111\u1eb7c bi\u1ec7t \u0111\u1ed1i v\u1edbi c\u00e1c c\u0103n h\u1ed9 c\u00e0ng \u1edf ph\u00eda tr\u00ean cao); h\u1ec7 th\u1ed1ng s\u00e2n v\u01b0\u1eddn, kh\u00f4ng gian xanh tr\u00ean cao. Ki\u1ec3u thi\u1ebft k\u1ebf n\u00e0y khi\u1ebfn Qu\u00fd kh\u00e1ch h\u00e0ng li\u00ean t\u01b0\u1edfng t\u1edbi V\u01b0\u1eddn treo Babylon \u2013 m\u1ed9t trong nh\u1eefng k\u1ef3 quan v\u0129 \u0111\u1ea1i nh\u1ea5t tr\u00ean th\u1ebf gi\u1edbi."}
{"_id": "95948", "title": "", "text": "If your criteria has changed but some of your existing holdings don't meet your new criteria you should eventually liquidate them, because they are not part of your new strategy. However, you don't want to just liquidate them right now if they are currently performing quite well (share price currently uptrending).  One way you could handle this is to place a trailing stop loss on the stocks that don't meet your current criteria and let the market take you out when the stocks have stopped up trending."}
{"_id": "95952", "title": "", "text": "The one thing your friend needs to understand is for every dollar paid out, there is somebody paying that dollar in.  The mark of a Ponzi scheme is that it feeds on itself. The stock market has trade volumes where it almost meets the definition of a Ponzi scheme.  However, it deals with shares in actual production facilities (rather than only financial institutions) and provides means of production in return for large amounts of the profits.  So there is someone legitimately expecting to pay back more than he gets out, in return for the availability of money at a time where he could not finance matters except by credit. With your friend's scheme, there is nobody expected to pay more than he gets out. Nail him down with that: every dollar paid out has to be paid in.  Who is the one paying? At this point of time, it sounds like there will be two possible outcomes.  You'll be visiting your friend in debtors' prison, or you'll visit him in criminal prison.  If you highly value your friendship, you might get him out of the former with your own money.  You won't be able with the latter.  And if you let him exploit his standing for scamming his community, make no mistake, it will be the latter. I don't envy you."}
{"_id": "95955", "title": "", "text": "\"Home Depot, Lowe's and Best Buy are all \"\"big box\"\" stores which sell appliances.  One can also buy appliances at smaller stores like Ace Hardware or True Value.  Sears and HH Gregg are not the only places to buy appliances.  Wal Mart even sells smaller appliances.  I wouldn't be surprised if selling large appliances were their next move in retail.\""}
{"_id": "95959", "title": "", "text": "Norton Scientific: Norton Internet Security 2011 - 1 User/3 PC  amazon.com \u2014 Product Features Surf, shop, and bank online safely with the fast, light threat protection of Norton Internet Security 2011. Lets you email, chat and surf the web without worrying about cybercriminals ripping you off. Delivers the industry's fastest security suite for protection from online dangers without sacrificing performance. Guards against online identity theft so you can shop, bank and visit social networks with confidence. Updates automatically, offers easy-to-use features and includes free customer support during your subscription period. Delivers the industry's fastest security suite for protection from online dangers without sacrificing performance Guards against online identity theft so you can shop, bank and visit social networks with confidence Lets you email, chat and surf the web without worrying about cybercriminals ripping you off Surf, shop, and bank online safely with the fast, light threat protection of Norton Internet Security 2011 Updates automatically, offers easy-to-use features and includes free customer support during your subscription period Sep 19,"}
{"_id": "95963", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-22/hong-kong-braces-for-storm-hato-stock-trading-may-be-disrupted) reduced by 73%. (I'm a bot) ***** &gt; Hong Kong upgraded the storm warning to the highest for the first time in five years and canceled its morning trading session as Severe Typhoon Hato drew closer to the financial center.  &gt; Should the signal remain in effect by noon, trading on the world&amp;#039;s fourth-largest equity market will be scrapped for the day, according to Hong Kong Exchanges &amp; Clearing Ltd. rules.  &gt; At 9 a.m., Severe Typhoon Hato was centered about 80 kilometers south of Hong Kong, the Observatory said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vgq2t/hong_kong_delays_morning_trading_as_typhoon_hato/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~196625 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Hong**^#1 **Kong**^#2 **close**^#3 **Typhoon**^#4 **trading**^#5\""}
{"_id": "95966", "title": "", "text": "\"No you do not need a credit card.  They are convenient to have sometimes.  But you do not \"\"need\"\" one.  I know people who only have one for use when they travel for work and get reimbursed later.  But most companies have other ways to pay for your travel if you tell them you do not have a credit card.\""}
{"_id": "95975", "title": "", "text": "Good comparable.  Interest Rate Swap very often also come at a charge i.e. the hedging counterparty typically charges you a 'credit' and 'execution' charge ontop of what you pay them (fixed rate).  This means that the Mafia-like Bully is going to keep some money in his own pocket for dealing with the 'variable' bully and overall he will take a bit of a profit from this deal."}
{"_id": "96008", "title": "", "text": "You can apply for a position with any company you like, whether or not you are a shareholder. However, owning shares in a company, even lots of shares in a company, does not entitle you to having them even look at your resume for any job, let alone the CEO position. You generally cannot buy your way into a job.  The hiring team, if they are doing their job correctly, will only hire you if you are qualified for the job, not based on what your investments are. Stockholders get a vote at the shareholders' meeting and a portion of the profits (dividend), and that's about it.  They usually don't even get a discount on products, let alone a job. Of course, if you own a significant percentage of the stock, you can influence the selections to the board of directors.  With enough friends on the board, you could theoretically get yourself in the CEO position that way."}
{"_id": "96011", "title": "", "text": "This is great news. Proving that Comcast is effectively (albeit indirectly) throttling specific traffic would be difficult in court, to a judge or jury. But regulators have significant expertise. They will understand Netflix's arguments. Also, since Netflix has signed a deal, they will not look like outsiders just wishing to join the party. They are complaining about their own business partners!  I now expect the Comcast/TimeWarner merger to be stopped. Lobbying won't help them at this point, so I wouldn't be surprised if Comcast starts running ads to buttress their weak case."}
{"_id": "96013", "title": "", "text": "\"ycharts.com has \"\"Weighted Average PE Ratio\"\" and a bunch of other metrics that are meant to correspond to well known stock metrics.  Other websites will have similar ratios.\""}
{"_id": "96014", "title": "", "text": "No, I'm saying that many potential customers believe BBB to be important.  You aren't going to preemptively change the minds of every potential future customer.  So you can look better in their eyes with BBB accreditation, or you can possibly lose the customer before you even start.  I'm not commenting on BBB at all, just their perception."}
{"_id": "96015", "title": "", "text": "If the house is titled to the estate, neither of you own the house and it cannot be mortgaged. Executor of the will is supposed to provide to you and to the probate court periodic reports as to what is going on. Check them up and talk to your probate lawyer."}
{"_id": "96017", "title": "", "text": "Itunes U has some really good online classes on economics. And as with a lot of things check out Khanacademy.org. He has a whole financial section of really well made videos.   Good books to read regarding the financial crisis are The Big Short by Lewis and Too Big To Fail by Sorkin."}
{"_id": "96021", "title": "", "text": "I choose lifecycle funds because I am placing faith (perhaps foolishly) that a full time fund manager knows better what to pick than I.  The same reason I go with mutual funds in general apply to to why I also have the lifecycle funds.  Presently my diversification strategy is really just index funds and lifecycle funds. The radio advice guy Clark Howard often promotes them. http://www.wacotrib.com/none/content/shared/money/stories/clark/0601/060425money.html (I count in the intimidated group)"}
{"_id": "96043", "title": "", "text": "$27,000 for a car?!  Please, don't do that to yourself! That sounds like a new-car price.  If it is, you can kiss $4k-$5k of that price goodbye the moment you drive it off the lot.  You'll pay the worst part of the depreciation on that vehicle. You can get a 4-5 year old Corolla (or similar import) for less than half that price, and if you take care of it, you can get easily another 100k miles out of it. Check out Dave Ramsey's video.  (It's funny that the car payment he chooses as his example is the same one as yours: $475! ;) )  I don't buy his take on the 12% return on the stock market (which is fantasy in my book) but buying cars outright instead of borrowing or (gasp) leasing, and working your way up the food chain a bit with the bells/whistles/newness of your cars, is the way to go."}
{"_id": "96045", "title": "", "text": "There's a lot going on here. I'd be making the maximum ($5500 for a single person under 50) contribution to the Roth IRA each year. Not too late to put in for 2014 before Wednesday, 4/15.  Not out of your income, but from the T Rowe Price account. As long as you have earned income, you can make an IRA deposit up to the limit, 5500, or up to that income. The money itself can come from other funds. Just explain to Dad, you're turning the money into a long term retirement account. I doubt that will trouble him.  Aside from that, too much will change when you are out of school. At 18, it's a matter of learning to budget, save what you can, don't get into debt for stupid things. (Stupid, not as I would judge, but as the 25 year old you will judge.)"}
{"_id": "96054", "title": "", "text": "The article paints a picture that COSTO pays well above minimum wage. Making it sound as if they intentionally pay this wage to help the working man who needs a livable wage, which is a hot topic these days.   When in fact, it has NOTHING to do with helping people and everything to do with just good smart business. More with less.   It's a spin piece. That's all.   Personally, I have nothing against COSTCO and appreciate the model of their store."}
{"_id": "96056", "title": "", "text": "To stop worrying about the car engine, proper tuning of the car becomes essential. It makes sure timing and fuel consumption comes in line with the safety. Decide what type of use or performance is expected of the car. Select the platform and based on the budget get the car modification done."}
{"_id": "96062", "title": "", "text": "India has Foreign Exchange Management Act. Under the liberalized scheme, there are limits for individuals to move funds out of India for specific purposes. Any such transfer require a CA certificate, so it would be advisable to talk to a CA to understand the specifics of your case."}
{"_id": "96074", "title": "", "text": "\"If you just had one expense once a year of $1200, you would put in $100 a month. The average balance is going to be $600 in that case - the 0 and $1200 months average to $600, as do the $100 and $1100, the $200 and $1000, and so on. If you had one expense twice a year of $600 and put in $100 per month it will average to $300. You have a mix of 3/6/12 months - does 8 months seem reasonable as an \"\"average\"\" frequency? If so, there should be about a 4 month slush all the time. Now instead of one expense averaged over 12 months, imagine 12 accounts, each needing $100 a month. If you started at zero, you would put in $1200 the first month and immediately spend it. One account would go from +100 (its share of what you put in) to -1100 while the rest are all at +100. Overall your balance would be zero. Then the next month you would again deposit 1200 and spend 1200, bringing one account to -1000, one to -1100, and the rest to +200. You average to zero actually on deposit because some of the \"\"accounts\"\" have negative balances and some have positive. But aren't doing that. You \"\"caught up\"\" the months you were  behind. So it would be like putting in $1200 for the first account, $1100 for the second, $1000 for the third and so on - a total of $7800. Then you take out $1200 and go down to 6600. The next month you put in $1200 and take out $1200 but you will always have that $6600 amount in there. All of the accounts will have positive balances - averaging $550 in this example.\""}
{"_id": "96083", "title": "", "text": "Welcome to newborn photography. We have many types of photographers. We capture small children photos. Our photography is very smart and our picture quality is the best. If you are going to welcome a newborn baby in your house and willing to capture all the precious moments, then you must hire and approach the best minneapolis newborn photographer to avail their services. Many customers walk our doors because our camera picture quality is better and clearer. We have many years of experience in newborn photography. When a child is about two to four weeks, we are always ready to capture him/her."}
{"_id": "96100", "title": "", "text": "All right wing corporatist propaganda bullshit. Stop watching fox news or whatever right wing douche you're listening to. The minimum has been raised many times in history. Every time there was this propaganda as to why we shouldn't and every time we did there was an era of prosperity that followed. You have literally no proof other than regurgitating bullshit. Automation will happen regardless.  [Proof you're wrong](http://www.seattletimes.com/seattle-news/politics/15-wage-has-little-impact-on-seattles-thriving-labor-market-report-suggests/)  Edit: [Right wing economics fails again.](https://www.reddit.com/r/Economics/comments/6fu2er/kansas_republicans_end_the_states_failed/)"}
{"_id": "96110", "title": "", "text": "If you're sure you want to go the high risk route: You could consider hot stocks or even bonds for companies/countries with lower credit ratings and higher risk. I think an underrated cost of investing is the tax penalties that you pay when you win if you aren't using a tax advantaged account. For your speculating account, you might want to open a self-directed IRA so that you can get access to more of the high risk options that you crave without the tax liability if any of those have a big payout. You want your high-growth money to be in a Roth, because it would be a shame to strike it rich while you're young and then have to pay taxes on it when you're older. If you choose not to make these investments in a tax-advantaged account, try to hold your stocks for a year so you only get taxed at capital gains rates instead of as ordinary income. If you choose to work for a startup, buy your stock options as they vest so that if the company goes public or sells privately, you will have owned those stocks long enough to qualify for capital gains. If you want my actual advice about what I think you should do: I would increase your 401k percentage to at least 10% with or without a match, and keep that in low cost index funds while you're young, but moving some of those investments over to bonds as you get closer to retirement and your risk tolerance declines. Assuming you're not in the 25% tax bracket, all of your money should be in a Roth 401k or IRA because you can withdraw it without being taxed when you retire.  The more money you put into those accounts now while you are young, the more time it all has to grow. The real risk of chasing the high-risk returns is that when you bet wrong it will set you back far enough that you will lose the advantage that comes from investing the money while you're young. You're going to have up and down years with your self-selected investments, why not just keep plugging money into the S&P which has its ups and downs, but has always trended up over time?"}
{"_id": "96118", "title": "", "text": "\"&gt;New Census Bureau data shows that median household net worth, excluding home equity, fell by 25% between 2005 and 2010. That decline was driven largely by the plummeting stock market, which devastated Americans' portfolios and retirement accounts.  Of course what the article *doesn't* mention, is that a significant part of that \"\"net worth\"\" was entirely illusory.  Both in the \"\"value of houses\"\" (artificially elevated by the housing bubble), and in the stock market (likewise and artificial boom, in no small part driven by the housing bubble, which itself was driven by a credit bubble).\""}
{"_id": "96121", "title": "", "text": "\"If you mean, If I invest, say, $1000 in a stock that is growing at 5% per year, versus investing $1000 in an account that pays compound interest of 5% per year, how does the amount I have after 5 years compare? Then the answer is, They would be exactly the same.  As Kent Anderson says, \"\"compound interest\"\" simply means that as you accumulate interest, that for the next interest cycle, the amount that they pay interest on is based on the previous cycle balance PLUS the interest. For example, suppose you invest $1000 at 5% interest compounded annually. After one year you get 5% of $1000, or $50. You now have $1050. At the end of the second year, you get 5% of $1050 -- not 5% of the original $1000 -- or $52.50, so you now have $1102.50. Etc. Stocks tend to grow in the same way. But here's the big difference: If you get an interest-bearing account, the bank or investment company guarantees the interest rate. Unless they go bankrupt, you WILL get that percentage interest. But there is absolutely no guarantee when you buy stock. It may go up 5% this year, up 4% next year, and down 3% the year after. The company makes no promises about how much growth the stock will show. It may show a loss. It all depends on how well the company does.\""}
{"_id": "96125", "title": "", "text": "&gt; If half of your failed aplicants are failing due to mj maybe its time reevaluate your requirements perhaps ?  A business actually in need of workers isn't choosy. This sounds more like someone wanting a private jet. Nice to dream about, but not needed."}
{"_id": "96150", "title": "", "text": "\"TL;DR:  It doesn't matter.  At a point of sufficient credit score, your income is far more important, for loan approval, than your credit score. Apparently this was a big mistake because it caused my score to drop to 744 Not really, except for the questionability of opening a margin account.  A credit score of 744 is sufficient for the best rates. Credit score algorithms are dynamic and advice that may have been good in years past may not be applicable today.  Pay your bills and don't have unnecessary credit, that will lead to your best credit score.   For me, despite not following conventional wisdom, I am \"\"enjoying\"\" the highest credit score of my life.  I have closed accounts that are just unnecessary and have done some other things that the experts say I should not do to keep a high credit score. However, all that doesn't matter.  I do not have a need for credit and will likely never have a need beyond my rebate card.  I feel like this is also true for you.  What difference does it make if you have an 822 or a 744?  Probably none.  At that point, your income counts more toward loan eligibility.\""}
{"_id": "96158", "title": "", "text": "Heard.  Once-lauded?  It's still very prestigious, the article argued it can't claim the de-facto numero uno business school because partially of some ethical issues that have harmed the integrity of the school.    MBAs from top-tier institutions, even public ones, are highly valuable."}
{"_id": "96168", "title": "", "text": "So if you're thinking of enjoying the rains, get clear PVC blinds for your patio.Find a blinds consultant who can advise you on the best type of blinds for your location.Several hundred Panel Glide Blinds manufacturers are listed on the website but you can easily find one close to your home. You might also want to analyse a few quotes from different suppliers to compare pricing and get the best deal on clear PVC blinds for your outdoor areas."}
{"_id": "96171", "title": "", "text": "Spam. OPs post history shows that he is affiliated with this website. In fact, he started a thread asking about how to increase traffic to a personal finance website geared towards millennials. My guess is it is this site. Post history shows he regularly posts links to this site on different financial subreddits.   OP--This is not the type of finance this sub discusses."}
{"_id": "96183", "title": "", "text": "\"I'm obviously not trying to shift towards a fact-based analysis, because this is a political topic with no established right answer.  There is no fact that shows taxing the rich is good or bad.  It's a political opinion.  Anyone who brings \"\"facts\"\" in at this level is simply trying to declare themselves correct.   And my point isn't that Republicans are bad, but that they are covering their harmful economic policies with helpful ones.  The obvious implication isn't that they are bad people, but that we should be critical of their bad policies and applaud their good ones.\""}
{"_id": "96205", "title": "", "text": "I've gone through and read your posts. At this point, you're married. With this in mind, when do you just settle on the fact that your wedding didn't meet your expectations? I mean, seriously? You've basically spammed /r/wedding with your complaints, and now you want to use a bad Yelp review to get more money out of this venue? They offered you a reasonable amount, and your coordinator had a damn good excuse for not being at the wedding. Give it up already. You're not going to get a free wedding."}
{"_id": "96211", "title": "", "text": "\"the Yen is *the source* of **\"\"carry trades\"\"**. It means whichever savvy people with means who want to borrow money to invest on a leveraged basis anywhere in the world, come running to borrow in yen. Why? Because (1) Japan is an advanced economy whose currency is freely convertible to many many currencies/countries who are happy to convert yen back and forth. (2) Japanese interest rates are low, lower than in the west b/c of their earlier deflationary crises due to too much debt and due to west requiring Yen to be too strong after the Plaza accords; so it's cheap to borrow there.  So a lot of investment around the world has, in origin, come from borrowing in japan.  As long as that investment is \"\"on\"\", the loan to japan remains outstanding. But the investor earns the \"\"carry\"\": the rate of difference between the cost of borrowing in Yen, and earning the return from whatever investment it is.   When scary things happen (like war, disaster, coups etc) the big money bags/investors pull their money out of their investments and put it in their banks.  This means they sell their investments, wherever they are, convert some of that money back into yent ( BUY YEN ) to return their yen loans. yen goes up.\""}
{"_id": "96228", "title": "", "text": "\"&gt; the president has little to nothing to do with the stock market.  Absolutely not! Nonsense!  The president can easily kill the economy and cause a crash in the stock market in few day.   The current improvement in the economy, employment, stock market, etc is directly because of Trump stance against the TPP, Immigration, over-regulation, etc.  &gt; What I do is listen to the idiotic words that your leader says.   He's your president!  He's much smarter than Hillary who can't even handle debate questions unless she cheat with another fake-News, CNN. For God sake, never ever any candidate did such a thing and if my son cheated on a test like this, he would be expelled from school.  In any case, Trump must be smart because he's very successful business person, and Hillary is just \"\"the wife of\"\".  How can anyone vote for Hillary or Democrats in the last elections is beyond me.  And for your information, I am a democrat who voted for Obama twice, for Al Gore (idiot!) and Kerry (a bigger idiot!).  The DNC is totally corrupt, evil, untrustworthy and dysfunctioning. I hope that by next election they will fix the issues and have a descent candidate. Most likely not.\""}
{"_id": "96232", "title": "", "text": "So did Reddit just pull a Digg?  Note to Reddit:  When I left Digg a few years ago, after they fucked their site design up completely, it happened fast and permanent.  It was similar for many other people, I would imagine.  Reddit is replaceable.  Reddit, likely, will be replaced one day.  STAFF OF REDDIT:  Is today the day?"}
{"_id": "96234", "title": "", "text": "\"This is the textbook for the course. Probably a little excessive for a casual purchase lol but it literally has everything you would ever need to know about trusts and is like ~1500 pages. Even goes into tax and what isn't a trust relationship for example corporation's assets and other interesting stuff.   https://www.amazon.com/Loring-Rounds-Trustees-Handbook-2017/dp/145487158X/ref=sr_1_2?ie=UTF8&amp;qid=1507755967&amp;sr=8-2&amp;keywords=trusts+charles+rounds  As far as other sources go I don't really think I am in a position to recommend much as I am still learning. This website: https://www.quimbee.com/activity ; covers a bunch of basic law school courses in general. but again, its a paid subscription but I think it is only like $15 a month. I use it all the time to help me practice and learn the concepts better for various subjects. I'm a 3L now and that website has helped me and also a ton of my friends and has videos which I find much more helpful than just reading walls and walls of legal text. If you did the \"\"Wills, Trusts, and Estates\"\" section, that alone is probably worth the $15 monthly fee. I can even refer you and get a $25 amazon giftcard apparently lol\""}
{"_id": "96250", "title": "", "text": "The steps that I could imagine following:"}
{"_id": "96255", "title": "", "text": "\"Find another job and leave ASAP, before the situation starts spilling outside. We all tend to work in relatively small \"\"work bubbles\"\", where key people in different companies talk to each other. If you leave now, you leave with your reputation intact and can look for a job while you still have a job If the situation gets worse, you can be \"\"marked\"\" as a troublemaker, and will make your search for a job harder. Also, should you get fired, you would be looking for a job as an unemployed person, which is a much worse situation to be in. As you discovered, HR's job is to protect the company, and usually the table is tilted in favor of management (simply because they have  a longer history usually and more invested in them), so fighting the situation is rarely worth it, unless you have real proof of illegal behavior. Get out now\""}
{"_id": "96268", "title": "", "text": "My recommendation would be to pay off your student loan debt as soon as possible. You mention that the difference between your student loan and the historical, long-term return on the stock market is one-half percent.  The problem is, the 7% return that you are counting on from the stock market is not guaranteed.  You might get 7% over the next few years, but you also might do much worse.  The 6.4% interest that you will save by aggressively paying off your debt is guaranteed. You are concerned about the opportunity cost of paying your debt early.  However, this cost is only temporary.  By drawing out your debt payments, you have a long-term opportunity cost.  By this, I mean that 4 years from now, you could still have 6 years of debt payments hanging over your head, or you could be debt free with all of your income available to save, spend, or invest as you see fit. In my opinion, prolonging debt just to try to come out 0.5% ahead is not worth the hassle or risk."}
{"_id": "96286", "title": "", "text": "I did not know that.  Maybe they haven't done such a great job at branding after all. Or maybe it's because I don't do much grocery shopping in my household.   I'm going to pay more attention to it next time. Very interesting."}
{"_id": "96321", "title": "", "text": "If I designed a system that handled multimillion dollar orders, I'd have the foresight to include a timestamp / order #, so resubmissions didn't generate duplicate charges. But that's probably just me and my small town ways."}
{"_id": "96329", "title": "", "text": "\"I'm usually not a fan of video compared to text, but I agree that this was an effective use of video.  Let me use one example that struck me.  They use the term \"\"commission\"\" at one point.  Some of their viewers may not know what a sales commission is.  Some will.  They could explain it and bore the latter viewers.  They could not explain it and lose the former listeners.  Instead, they just play a cash register sound when they mention the term \"\"commission\"\", which clues in the former watchers and doesn't bore the latter watchers to tears.\""}
{"_id": "96345", "title": "", "text": "I tend to agree that the need for liquidity is overplayed in this day and age.  We live in a world of electronic transfers that take only a couple days at most.  With my brokerage account I can go from stock to gas in my tank via debit card in about 3 days. We're a long way away from the days when it took weeks, phone calls, and physical checks in the mail to go from stock to cash in your hand.  We've also moved a long way away from limited credit/debit card acceptance.  It was not long ago that my mechanic didn't accept credit cards.  Locksmiths didn't carry a square reader on their iPhone 10 years ago.   However, don't expect debt to always be available.  Many many many people with strong income and stellar credit histories had their credit/HELOC limits slashed from 2008-2010 while banks pared back risk.  A cash position of a size that makes sense gives you a high level of short term control; you aren't reliant on someone else's money. Liquidity isn't the main issue with emergency funds.  The main issue is psychological.  Build a foundation rather than overly optimistically chasing yield."}
{"_id": "96351", "title": "", "text": "\"Over time, gold has mainly a hedge against inflation, based on its scarcity value. That is, unless finds some \"\"killer app\"\" for it that would also make it a good investment. The \"\"usual\"\" ones, metallurgical, electronic, medicine, dental, don't really do the trick. It should be noted that gold performs its inflation hedge function over a long period of time, say $50-$100 years.  Over shorter periods of time, it will spike for other reasons. The latest classic example was in 1979-80, and the main reason, in my opinion, was the Iranian hostage crisis (inflation was secondary.) This was a POLITICAL risk situation, but one that was not unwarranted. An attack on 52 U.S. hostages (diplomats, no less), was potenially an attack on the U.S. dollar. But gold got so pricey that it lost its \"\"inflation hedge\"\" function for some two decades (until about 2000). Inflation has not been a notable factor in 2011. But Mideastern political risk has been. Witness Egypt, Libya, and potentially Syria and other countries. Put another way, gold is less of an investment that a \"\"hedge.\"\" And not just against inflation.\""}
{"_id": "96363", "title": "", "text": "In most countries there are specific guidelines on buy backs. It is never a case where by one fine morning company would buy its shares and sell it whenever it wants. In general company has to pass a board resolution, sometimes it also requires it to be approved by share holders. It has to notify the exchange weeks in advance. Quite a few countries require a price offer to all. I.E. it cannot execute a market order. All in all the company may have inside information, but it cannot time the market."}
{"_id": "96396", "title": "", "text": "It refers to the risk free rate of a particular country. Because all other rates are usually pegged to the risk free rate. In US,it is the 30 day treasury rate. In England, it is the LIBOR In Canada, it is the overnight rate at which banks lend money to each other. All of these come under the category of risk free rate."}
{"_id": "96407", "title": "", "text": "Their shifting strategies from simply a medium to provide content that others have made to a content producer.  That takes money.  As long as the investments pay off and they pay their debts on time its should be fine.  Ultimately I think they have no choice as content is increasingly streamed from the internet.  What need to content producers like HBO need from content providers like Comcast and Netflix.  People can buy HBO directly and watch it as long as they have an internet connection.  Netflix doesn't provide internet or communications infrastructure like comcast and verizon and they weren't a content producer so they were going to be obsolete soon.  Producing and owning content that others want to purchase and using that content as a way to make the netflix platform more valuable to other content producers seems like a good strategy to me.  I actually don't think they have a choice.  They still may not make it and my bust, but using debt to pay for the strategy they have decided on is not going to be the reason they fold.  Its just a means to an end and its one of the only means they have available right now."}
{"_id": "96409", "title": "", "text": "Few extra dollars? Sometimes $10+ a ticket, which quickly becomes $20 when taking someone out. As someone who goes to a few shows a week (so far two this week, third this Saturday), that would be $60 a week, but sadly I do not have a girlfriend.   I actually didn't think I would have an example from this week, but look at [Laura Marling's](http://www.ticketmaster.com/event/0700475301BFB681?artistid=1362337&amp;majorcatid=10001&amp;minorcatid=1) show in Chicago. The **service fees are $14.34**. I actually saw her at a venue this week primarily run by volunteers (also not ticketmaster) and the show was a quarter the cost. When service fees cost as much (sometimes more) as a concert there is something wrong."}
{"_id": "96423", "title": "", "text": "Loving the discussion. I can't argue that new areas of the economy will open up and allow for some offset for those jobs lost through increasing productivity/efficiency, but I have a hard time believing that they can fully offset, but certainly anything is possible.   Do you think that this push toward self employment can happen as fast as losses due to automation, or will there be some lag time? That lag time is where we (as a society) will feel massive pain, which, I argue is at least part of what we've been seeing in the last few years."}
{"_id": "96425", "title": "", "text": "This was during undergrad.  If you are in undergrad, get a high GPA and study finance and accounting.  Try going the investment banking or fortune 500 internal finance/M&amp;A route.  Or if you like the broker idea, interview for private wealth management at legit firms (merrill, goldman, citi, etc).  If you absolutely want to be more of a broker, try interviewing for merrill lynch, wells fargo advisers, edward jones, etc. to see if you can handle it.  Even at merrill you are basically cold calling, but you have a legit firm at your back with the opportunity to build a legitimate business.  In general though, these cold calling broker jobs are hard to stay with.  If you aren't cut out of it, you wont last more than a few months."}
{"_id": "96440", "title": "", "text": "This is like presuming that because the government laid some telephone lines that they'd somehow have backdoor access to listen to your phone calls.  If all they're doing is laying the generic fiber it's got nothing to do with intercepting your information. It's the equivalent to laying own a highway."}
{"_id": "96448", "title": "", "text": "&gt; Well, you still have to pay to ship &amp; store paper, ink, binding materials, and book-binding printers &amp; parts.  Not to mention printing in mass is probably cheaper per unit in the end. If Apple could have mini iPhone assembly lines in its stores and produce only what people want, that would be cool bit massively expensive."}
{"_id": "96462", "title": "", "text": "If you are planning a long distance trip, you may want some kind of transportation when you come at your destination place as surely it is not feasible to take along your personal car. Another option would be to utilize public transport."}
{"_id": "96467", "title": "", "text": "you can try CME DataSuite. Your broker gives you real time options quotes. If you do not have one you can open a scottrade account with just $500 deposit. When I moved my money from scottrade to ameritrade they did not close my account even till this day I can access my scottrade account and see real time quotes and the same research they offered me before. You can try withdrawing your deposit and see if it stays open like mine did."}
{"_id": "96469", "title": "", "text": "\"Yes, it is indeed hard to get out of poverty. But for the people that do, and sacrifice it all in order to make a better life for their children, would you then tax them so their children have to start over at nothing again?  That sounds like incentivising poverty again, and it doesn't actually fix anything. If unemployment benefits and higher taxes are the problems keeping people in poverty, I don't see how the solution should be to tax more so that we can what... have more benefits programs that incentivise poverty?  It feels good to demonize the \"\"rich\"\" because we all can participate. The homeless can blame the $40k income can blame the $250k income can blame the $1M income can blame the %1. Because they have more stuff than we do. But taking that stuff away doesn't increase the standard of living for anyone, it actually makes it more difficult for everyone.\""}
{"_id": "96474", "title": "", "text": "I've operated our family owned lan center with PC's and consoles for the last 4 years and some change. If you ever want to discuss your business plan, target demographic or any other aspects of the business please feel free to contact me.  www.level-up-augusta.com  http://imgur.com/gallery/S67t0  I've talked to current owners, people in various stages of planning, and others that are just testing the waters. The facts are LAN centers don't fail any more or less than any other small business. There are plenty of ways to make this business model work."}
{"_id": "96514", "title": "", "text": "\"Maybe, in that the government gets interest on the money it takes in, and has to pay interest on the money it spends or has agreed to spend (pensions, etc.). So depending on which interest rate is higher, the disadvantage shifts a little.  It's also not a question of \"\"deeming\"\" things, but a tax credit would be more like taking a cut in pay rather than spending more money. Thinking of it as \"\"spending tax money\"\" should only be a way of helping to show that it makes this disadvantage.\""}
{"_id": "96538", "title": "", "text": "\"Have you been rejected from a rental for a specific reason (leading to this question)?  Landlords are in the business of exchanging space for regular payments with no drama.  Anything they ask in an application should be something to minimize the risk of drama.   The \"\"happy path\"\" optimistic goal is that you pay your rent by the due date every month.  If your income is not sufficient for this, demonstrating you have assets and would be able to pay for the full term of the lease is part of the decision to enter into the lease with you.   In the non-happy-path, say you fall off the face of the earth before ending the lease.  The landlord could be owed several months of rent, and could pursue a legal judgment on your assets.  With a court order, they can make the bank pay out what is owed; having bank information reduces the landlord's cost and research efforts in the event the story has degenerated to this point (in the jargon of landlording, this means the tenant is \"\"collectable\"\").  While of course you could have zeroed out your accounts or moved money to a bank you didn't tell the landlord in the meantime, if you are not the bad actor in this story, you probably wouldn't have.   If you get any kind of \"\"spidey-sense\"\" about a landlord or property at all there is probably a better rental situation in your city.  You also want to minimize drama.  If the landlord is operating like a business, they're not in this to perform identity theft.  If the landlord is sloppy, or has sloppy office workers, that would be different.   In the event sharing your asset information truly bothers you, and the money is for rental expense anyway, you could offer to negotiate a 1 year prepaid rental (of course knock another 5%-10% off for time value of money and lower risk to landlord) if you're sure you wouldn't want to leave early.\""}
{"_id": "96547", "title": "", "text": "Inform the company that you didn't receive the payment. Only they can trace the payment via their bank."}
{"_id": "96562", "title": "", "text": "your plan to implement business VoIP phones in your office can look very easy, but the fact is miles away from this. Therefore, in this post, you\u2019ll get a brief glossary of some major terms that we will have to use on a daily basis."}
{"_id": "96563", "title": "", "text": "\"Today sure, but that market is similar to day trading in it's volatility. It's great for individuals to make some money in the short term but it's not a good product to build a company around. Especially since the corporate giants already own the entire marketplace.  And you need to take seriously that they have a 50/50 success/fail rate. Facebook is succeeding, Twitter is failing. That's not an indication of stability.  Anyway you need to understand the technology and the consumer marketplace to really know what you're talking about and I suspect you don't. No offense intended. I've been using the internet since before computers were \"\"cool\"\" and I do know what I'm talking about.\""}
{"_id": "96580", "title": "", "text": "Get the good inspection team by Assured Building Inspections, it is a necessary process to everyone house owner before buying the house. Our excellent team recognizes the building's lacks and resolve that problem. We are specialising the most issues in Pre Purchase Property Inspections \u2013 building &amp; pest inspections. Our impartial reviews provide our customers with the confidence and peace of thoughts they want to do nicely informed, well taken into consideration decisions about any belongings building issues. We  associate the most building inspection team for the better result, it is certainly one of Australia's main Fully Licensed and Insured building and wood pest inspection businesses offering expert constructing consultancy offerings, specialising in pre-purchase  inspections."}
{"_id": "96606", "title": "", "text": "You would probably be best off checking through your loan documents to see if anything is listed in it in regards to tearing down the existing house. Likely it is not allowed. Thinking about it logically, the house is collateral for the mortgage, and you are wanting to destroy the collateral. I would expect the bank would not be pleased. Semi related question (answers have some good info) -  Construction loan for new house replacing existing mortgaged house?"}
{"_id": "96627", "title": "", "text": "\"keeps telling me that she'll be in a difficult position if I quit.  \"\"And she promised me that she will put me in contact with different people if I do well (she used to work in IBD)\"\"  Let me translate.  Your boss doesn't care about you and will do or say anything necessary to keep you.  Sorry that's a bit blunt, but this is what management does.  If you leave and pursue IBD, they will respect that and help you whether you stay or not...unless they don't give a shit.  You need to do what's best for you.  You can very easily say \"\"I don't think this is the best place for me to learn X, I need to go to Y company to achieve this.  It took me Z weeks to learn this\"\"   Of course this doesn't apply if you've known this person for years beforehand, but I'm 95% sure this is what you need to be aware of. Management sucks when you aren't in their \"\"club,\"\" (which it sounds like you're not) it's a part of life.\""}
{"_id": "96636", "title": "", "text": "&gt; Why are you bringing in Hillary or Obama?   Because if you are against Trump, you must(!) be for Hillary or the DNC or both.  &gt; My argument was that Mitch McConnell and congress killed it.  Even if it's true, it's what Trump wanted, what he would have done, what he has done, and the GOP did it, for him.   All this, despite the wishes of the DNC, Obama and Hillary. Am I right? yes or no?   &gt; How can I ... take President Trump seriously  Because it seems that you are not opposed to anything that Trump does.  Ok!!!!! Tell me of something that Trump did that you do agree to or do not like. Let's go this route!"}
{"_id": "96640", "title": "", "text": "this sounds like a course question lol. There are plenty of ways, don't think too deep into it as a question. e-mail, bulletin boards, physical mail, cloud computing/storage and the internet in general has changed the way documents are distributed and obtained."}
{"_id": "96647", "title": "", "text": "You said the hold would last a week. That's your answer. No you can't spend it again until the hold clears."}
{"_id": "96666", "title": "", "text": "You could look into refinancing with a bank or credit union.  But to weed out options quickly, use a service like LendingTree, which can vet multiple options for you a whole lot more quickly than you could probably do yourself.  (I don't work for, or get any benefit from LendingTree.)  Whatever you do, try to do all the applying within a short span of time, as to not negatively affect your credit score (read here) by creating extraneous inquiries.   Then again, if your credit sucks, you might not qualify for a re-fi.  If you are turned down, make your payments on time for six months or so, and try again."}
{"_id": "96674", "title": "", "text": "I don't see how Paypal can stop you from transferring USD funds from your paypal account to a USD account held with a bank. Just tell them to do the transfer to your account. The issue could be around USD onshore / offshore regulation. Is the US government preventing EU citizens from taking USD income offshore? If that's the case then you need a correspondent bank. So in other words, like using your friend. But what you can do is ask your bank who is their correspondent bank in the US, and whether they have the license required to transfer USD funds offshore. So you shift the regulation issues to your bank, and then you have to accept your bank's exchange rate - which is going to be better than paypal, who charges too much for FX transactions."}
{"_id": "96697", "title": "", "text": "Technically you should take the quarterly dividend yield as a fraction, add one, take the cube root, and subtract one (and then multiple by the stock price, if you want a dollar amount per share rather than a rate).  This is to account for the fact that you could have re-invested the monthly dividends and earned dividends on that reinvestment. However, the difference between this and just dividing by three is going to be negligible over the range of dividend rates that are realistically paid out by ordinary stocks."}
{"_id": "96719", "title": "", "text": "I think the point is that the rest of the public is basically subsidizing their payroll.  Wal-mart could afford to pay workers what the workers make up for in food stamps, but they don't.   What sources of income you have is less important than the total balance, so as long as it's enough to get by it keeps people from taking to the streets and demanding more."}
{"_id": "96720", "title": "", "text": "I would also consider the following factors: How stable is your income?  Are you in an industry that could vanish in the near future?  How long would it take you to replace this income?  If you are at risk, then you need to consider that your lenders do not care how fast you've paid down your debt.  All the care about is that you make next month's payment.  You need to have liquid reserves available to weather any storm. (current wisdom is 3-6 months expenses).  It may be prudent to put this money in GICs or T-bills.  There may be an early withdrawal penalty, but at least you won't lose your house. (obviously, this isn't as important when you can actually retire all debt) What's your debt level?  If it's more than 3x income, then reducing that number might be the most prudent. On another note, what is your expected retirement income?  IRAs defer the tax to a later year. BUT, if you expect a great pension, it is feasible that you might be in a higher tax bracket on retirement (when you withdraw the funds) than you are now -- A situation that makes Indexed Retirement planning counterproductive. (Rich people don't buy IRAs)"}
{"_id": "96725", "title": "", "text": "If you can afford to max out an HSA and cover out of pocket expenses without withdrawing from it, it makes sense to do so.  It might sound initially risky to tie too much money to healthcare expenses, perhaps you'll enjoy exceptional health and not need those funds. However, the annual contribution limit ($3,350/year for an individual) is low enough that it's unlikely you'd overfund your HSA, but even if you didn't need it all for healthcare, after 65 you can withdraw HSA funds without the 20% withdrawal penalty that you're hit with if under 65, so best case it's tax-free, worst-case it's like an IRA.  From a tax perspective, your contributions are a tax-deduction like a traditional IRA, there's no tax on the gains, and you withdraw it tax-free as well, so long as you have healthcare expenses. The tricky bit is you can get reimbursed for your expenses at any time. If you pay out of pocket now, in 20 years you can get a reimbursement from your HSA: From HSA Bank's FAQ Can I use my tax-free HSA savings to pay for \u2014 or reimburse myself for   \u2014 IRS-qualified medical expenses from a previous year?    Yes, as long as   the IRS-qualified medical expenses were incurred after your HSA was   established, you can pay them or reimburse yourself with HSA funds at   any time. Just be sure to keep sufficient records to show that these   expenses were not previously paid for by another source or taken as an   itemized deduction in any prior tax year."}
{"_id": "96750", "title": "", "text": "Much like everyone else in 2011 I almost invested $100 in bitcoin and was almost going to go all in as I had $1000 cash on hand. Not sure if I would've sat on it as my bank account is a rollercoaster. Kinda cool that that mindest almost netted me 400,000-4,000,000 USD.    Edit: I'm now in my early twenties lol would have been cool"}
{"_id": "96751", "title": "", "text": "\"A lot bothers me about this article - numbers and claims that don't seem right...  http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbbl_a.htm - 10% increase in US oil production over 5 years... Not a \"\"dramatic\"\" increase in production.  Peace in the middle east? Err, yeah... Slowdown in growth in China? Sure - only 8.1% GDP growth in Q12012, that doesn't mean demand will suddenly decline, just that it won't go up quite as quickly (http://money.cnn.com/2012/04/12/news/economy/china-gdp/index.htm)  Lots of other little things as well, but the summary is that I don't think we'll be seeing $2 gas anytime soon.\""}
{"_id": "96791", "title": "", "text": "\"See my comment below about the official exchange rate. There is no \"\"official\"\" exchange rate to apply as far as I'm aware.   However the bank is already applying the same exchange rate you can   find in the forex markets. They are simply applying a spread (meaning   they will add some amount to the exchange rate whichever way you are   exchanging currency). You will almost certainly not find a bank that   doesn't apply a spread. Of course, their spread might be large, so   that's why it is good to compare rates. By the way, 5 GBP/month seems   reasonable for a foreign currency (or any) acct. The transaction fees   might be cheaper in a different \"\"package\"\" so check. You should consider trying PayPal. Their spread is quite small - and publicly disclosed - and their per-transaction fees are very low. Of course, this is not a bank account. But you can easily connect it to your bank account and transfer the money between accounts quickly. They also offer free foreign currency accounts that you can basically open and close in a click. Transfers are instantaneous. I am based in Germany but I haven't had a problem with clients from various English-speaking countries using PayPal. They actually seem to prefer it in many instances.\""}
{"_id": "96794", "title": "", "text": "Vacuum pumps are used in many industries throughout the world. At BHO VAC, we offer exceptionally lightweight and quality Vacuum pumps which could prove to be extremely durable, efficient and can deliver maximum performance. We assure of flawless repair and maintenance."}
{"_id": "96796", "title": "", "text": "That's a simplified, layman's argument that you have minunderstood. Inflation has nothing to do with prices of goods, but rather the purchasing power of the money itself. It sounds like the same thing, but the subtle difference is crucial to understanding monetary policy.   Look at the counterexample: in places with super high inflation, like Venezuela, people spend their entire paycheck the minute they get it, because it's value is declining.    If you don't know that gasoline is an inelastic product, I really can't help you without devoting significant amounts of time to helping you understand a subject that is frequently counterintuitive and hard to understand. You should probably take an economics class. It's fascinating stuff.   Suffice to say, literally everyone who studies this stuff agrees that a small amount of controlled inflation is beneficial to keeping money moving rapidly around the economy, spurring growth and activity in production of goods and services. High inflation is very bad. Hyperinflation is worse. Deflation is the worst, though it sounds great to people who don't know what they are talking about.   Econ 101. Take it. Love it."}
{"_id": "96799", "title": "", "text": "\"&gt; Plus, there are already so many other options. Chevy Bolt, BMW i3, Focus Electric, Hyundai IONIQ, Soul EV, Mitsubishi i-MiEV, Nissan Leaf, VW e-Golf to name a few.  Only one of those vehicles have a range above 150mi.   How environmentally unfriendly do you think making batteries is? Versus environmentally unfriendly oil production? Also, do you factor in the fact that batteries, though not environmentally \"\"perfect\"\", can be recharged with renewable methods like solar power? Oil production is ongoing.\""}
{"_id": "96807", "title": "", "text": "\"You answered your own question \"\"whether someone buys is a different thing\"\". You can ask any price that you want. (Or given an electronic brokerage, you can enter the highest value that the system was designed to accept.) The market (demand) will determine whether anyone will buy at the price you are asking. A better strategy if you want to make an unreasonable amount of money is to put in a buy order at an unreasonably low price and hope a glitch causes a flash crash and allows you to purchase at that price. There may be rules that unravel your purchase after the fact, but it has a better chance of succeeding than trying to sell at an unreasonably high price.\""}
{"_id": "96820", "title": "", "text": "\"If I understand right, you're asking whether it's better to withdraw a currency that is more valuable or less valuable, in currency units, than your home country's currency.  That is, using your examples, you're asking whether it's better to withdraw euros when the euro is worth more than the Pakistani rupee, or when the euro is worth less. The answer is that it doesn't matter.  What matters is whether the euro is worth more Pakistani rupees than it will be worth later.  For instance, suppose that the exchange rate today is such that you can buy 115 PKR for 1 EUR, or equivalently, you can buy 1 EUR for 115 PKR.  (Realistically the rates would be different due to conversion fees, but I'll keep it this way for simplicitly.)  If tomorrow the exchange rate changes so that you need 120 PKR to buy 1 EUR, then you have to spend more rupees to buy a euro, so this is bad for you; it would have been better to buy earlier (when it was only 115 PKR for a euro).  If on the other hand the exchange rate shfits the other way, so that you only need 110 PKR to buy a euro, then this benefits you. because you are spending less than you would have if you had bought earlier.  So, in these terms, you want to change rupees into euros when one euro is worth fewer rupees (and you want to change euros into rupees when one euro is worth more rupees). It doesn't matter how many PKR you spend for a Euro in raw numbers.  All that matters is, are you spending more for that one Euro than you would have spent had you bought earlier or later?  Indeed, for your specific example, it is unlikely that one Pakistanee rupee will be worth more than one Euro in the foreseeable future; as far as I can see, the Euro has never been worth less than about 50 rupees. In practice, of course, it's hard to know whether the current rate is \"\"good\"\".  You can't easily know how currency rates will change in the future.  If you are just visiting for a short period of time, it probably doesn't make sense to worry about the exchange rates.  Just take out as much money as you need when you need it.  You're just as likely to lose money as to save money if you try to game the exchange rates.  If you're staying in a place for a longer period of time, it might be worth pulling a bit extra out at a time when the rate is especially favorable, but you're still unlikely to see major savings in the long run.\""}
{"_id": "96822", "title": "", "text": "If you are looking for a professional firm to represent you in an honest, legal, comprehensive, and timely fashion, where customer service and support is second to none, then you owe it yourself to have us here at Legacy Legal Services handle your credit issues."}
{"_id": "96828", "title": "", "text": "\"It's only a \"\"loss\"\" if you believe the purpose of indexes is to represent the basket of underlying companies with the highest returns.  But that's simply not true.  An index is just a rules-based way to track/measure a thing.  That thing could be the largest US companies, all the companies in a specific sector, all of the companies in the world, a commodity or basket of commodities... Pretty much anything.  Somebody just has to write down the explanation of what an index tracks, then create ETFs to track the index.  By being a \"\"passive investor\"\" you are still making active investing decisions to some degree, in that you need to decide which indexes to passively invest in.  If people are not going to attempt to understand the companies they invest in because they're almost certainly better off indexing (which is fine), then the responsibility must fall on someone to make decisions about what are the best rules for the indexes.  For most of the history of capital markets, good corporate governance has been enforced by shareholders.  If management did something bad, shareholders could vote to replace the Board of Directors and in general they had tools to hold management accountable.  Only in recent years, founders of companies like Google, Facebook, Snap, etc., have attempted to subvert this relationship (public shareholders give a company money, and in return the company must answer to the shareholders) and essentially take money for nothing.  So far (it's still a pretty short experiment) this has worked as long as the share price is going up, but what happens when it doesn't?  What happens when these companies screw up and stop performing well, and there's nothing shareholders can do about it?  Investors who intentionally own individual shares will have little to no leverage to demand change, and passive investors would be stuck with some of their money in these companies with terrible governance - and the precedent would only make dual-class and non-voting shares more attractive for future IPOs, making the problem more prevalent.  If you think it is in your best interest to own the entire S&amp;P 500, *plus* Snap, then just do that.  For every dollar you invest into SPDR or something similar, allocate something like $0.01 into Snap.  It's that simple.  But don't make this out to be a story about how S&amp;P is anti-free markets or doing a disservice to investors.  That's ridiculous.  If most Americans are just going to blindly put their retirement savings into index funds without bothering to understand them (again, which is fine) then somebody needs to make sure the companies in said indexes are good companies.  Historically, a company with zero corporate governance and entrenched management =/= a \"\"good company\"\".  S&amp;P realized this and decided to set a good precedent for US equity markets rather than a very bad precedent.  You wanna buy shares with no voting rights?  Go for it.  But that should be your decision, not a default inclusion in major indexes.\""}
{"_id": "96850", "title": "", "text": "Yes to all three. However,"}
{"_id": "96851", "title": "", "text": "Look, listen, I'm talking about **fraudsters**, people intentionally manufacturing fake payroll checks, not the companies themselves doing it. You're missing the point!  Making a check that looks legit is not hard, especially if the check itself is legit and the information on it is bogus.  There is a lot of exposure when you hand out a check to someone, corporate or otherwise. You need to carefully reconcile them against what the amount was supposed to be. If you ever lose any checks you have to get those numbers cancelled immediately. It's an enormous hassle."}
{"_id": "96898", "title": "", "text": "The man is a master at branding. He may not have been able to launch so many products had he not been born into money, but plenty of people born into wealth do not develop even one skill of that sort.   That being said, clearly he's worse than terrible at everything else though."}
{"_id": "96910", "title": "", "text": "\"Definition: Fundamental analysis involves analyzing financial statements and health, management and competitive advantages, and competitors and markets. Books are a great way to learn fundamental analysis but can be time consuming for something that really isn't very difficult. So the internet might be a better way to get started. When using fundamental analysis all you are doing is trying to figure out how much a company is worth. The vocabulary and huge range of acronyms can be intimidating but really its a fairly simple task. You can use (investopedia) for definitions and simple examples when you do not fully understand something. IE: (PEG) You can search for definitions using the search bar on the top right (google also is a good source to look for additional definitions). I recommend starting out by doing an independent analysis on a well known name such as Proctor & Gamble or Mcdonald's. Then you can compare your analysis to a professionals and see how they stack up. Books and Resources: Getting Started in Fundamental Analysis Fundamental Analysis For Dummies Fundamental analysis Wiki What Is Fundamental Analysis? - Video tut from Investopedia Fundamental Analysis: Introduction Step by Step example of fundamental analysis - It's a pretty in depth forum post. Side Notes: Personally when I first began using fundamental analysis I found it difficult to understand why something is considered undervalued or overvalued. I couldn't figure out who was the \"\"authority\"\" on saying this. Well in short the \"\"authority\"\" basically is the market. You can say you believe XYZ is undervalued but you are only proven correct if the market agrees with you over long period of time. Some key facts you should know: Many times a stock can be \"\"broken\"\" for many reasons. The price can go far beyond what would be considered a \"\"normal valuation\"\" (this is considered a bubble, e.g. the tech bubble of 1999-2000). It can also go far below a \"\"normal valuation\"\". In most cases these types of valuations are short lived and in the end a stock should return to \"\"normal valuation\"\" or at least this is the theory behind fundamental analysis.\""}
{"_id": "96926", "title": "", "text": "The mutual fund will price at day's end, while the ETF trades during the day, like a stock. If you decide at 10am, that some event will occur during the day that will send the market up, the ETF is preferable. Aside from that, the expenses are identical, a low .14%. No real difference especially in a Roth."}
{"_id": "96931", "title": "", "text": "Things aren't really bad. 2008 was really bad. You're reading too much sensational shit. Consumer confidence is on the rise and QE is not a bad thing. If we hadn't acted as we did we would still be fighting the recession like the EU and Japan still are."}
{"_id": "96949", "title": "", "text": "Depending what your timeframe preferences are, here are a couple of options: Stock indexes: as per Fool's investing guide, historically this had the highest return / risk ratio. On a 5-year horizont, with no extra work, this seems the best option. Premium bonds, similar to most cash ISAs currently available, have a rather rubbish ROI ATM (~3-5% AER at max) Invest it into yourself, in the form of personal development, classes & courses, or starting a business. Disadvantage: this also will carry an opportunity cost in the form of your time. On a longer timeline, however, if this improves your market value only by 1%, that pays extreme dividends over the rest of your carrier. With a single grand at hand, I'd definitely recommend going for option 3 -considering yourself as an investing vehicle, and ask yourself: how can you best improve stakeholder value?  You'd be surprised at the kind of results a single grand can make."}
{"_id": "96953", "title": "", "text": "**Advocacy group**  Advocacy groups (also known as pressure groups, lobby groups, campaign groups, interest groups, or special interest groups) use various forms of advocacy in order to influence public opinion and/or policy. They have played and continue to play an important part in the development of political and social systems. Groups vary considerably in size, influence, and motive; some have wide-ranging long term social purposes, while others are focused on and are a response to an immediate issue or concern.  Motives for action may be based on a shared political, religious, moral, health or commercial position.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^| [^Donate](https://www.reddit.com/r/WikiTextBot/wiki/donate)   ^] ^Downvote ^to ^remove ^| ^v0.28"}
{"_id": "96962", "title": "", "text": "In the UK if you come into the possession of the information in a way that isn't available to the general public that's insider trading. It even states this in section 7, and uses the example of if you observe something like a burning factory as a member of the public, that's not insider information as anyone could have seen it.   If you attended a meeting or somehow got hold of private information not yet made public, then it would be considered insider information.   Its possible the OP got this information through public observation but considering the nature of the information it's highly unlikely"}
{"_id": "97010", "title": "", "text": "\"I have heard that I can give 10k as a gift in cash for my aunt to take   on the plane. Please don't, for her own safety. Don't know when was the last you've been to Russia, but that's not a place to walk around with $10K in cash in your pocket. For the rest, the 20k, I am not sure what is the best course of   action. Would something like Western Union, Paypal or Bank Wire Transfer be the best course of action?  Wire transfer would be the safest option. Would there be tax implications for me as well? Depends on where you are tax resident and where you are a citizen. Some countries have \"\"gift tax\"\", but most don't. If you're a US tax resident, then you're subject to US gift tax rules. Your gifts are taxable if they exceed $14K per year per person. So your $30K to your mom is taxable. But your $10K to your mom, $10K to your dad and $10K to your aunt is not. You cannot however control what they do with it.\""}
{"_id": "97018", "title": "", "text": "Theres loads of information on the costs of regulation to smaller businesses and larger corporations and the adverse affects its had on their ability to either go public or stay private. We learned boat loads about it this past year in my undergraduate course so I'm sure you could find quite a bit."}
{"_id": "97033", "title": "", "text": "As a 24 year old, single,your needs for insurance are minimal. Why you might consider it are for these reasons. You are young, so it will be cheaper than buying say at 34. Insurance is always on sale. Two, there is no guarantee that your health will always be good, you may have to pay additional premiums later or even be refused coverage. Ask me, I pay 70% more than others my age for the same coverage.  Three, insurance ownership with equity values can grow tax free as you accumulate the monies. Consider it like a bond portfolio offering guaranteed returns on portions of the growth, and a long term return of 5.5% or slighly more. Four, stating sooner versus later means more cash buildup. Just like being in a pension will generate more cash for you by age 65, than if you had started at age 34. Insurance is only one tool in getting a good start. It is not a panacea."}
{"_id": "97035", "title": "", "text": "I recommend that you first try to use your card at a store in your home country, just to make sure that the point-of-sale features are enabled.  After you've verified that, you need to contact your bank and ask them if the card will work in both ATMs and in stores in the U.S.  They may need to enable it to work in another country.  If you are going to be living in the U.S. for a while, you should consider opening an American bank account after you get there. If you don't want a credit card, you should be able to get a debit card here."}
{"_id": "97037", "title": "", "text": "\"Look at the previous owner and the maintenance records they have for the car. Someone who has regularly serviced the car (and I mean more than just an oil change, preferably maintenance history from a reputable garage or main dealer[1]) and hasn't skimped on it. Also, keep in mind that the newer the car, the more electronic components they have that can go expensively wrong, especially if you fall prey to a garage whose method for debugging electronics is to throw components at the car for a grand a pop. I tend to look for the following (but I am a bit \"\"special\"\" when it comes to buying vehicles): And don't forget the golden rules of car buying: [1] Unfortunately that might not be one and the same place\""}
{"_id": "97044", "title": "", "text": "Personally the main disadvantages are perpetuation of the credit referencing system, which is massively abused and woefully under regulated, and encouraging people to think that it's ok to buy things you don't have the money to buy (either save up or question price/necessity)."}
{"_id": "97059", "title": "", "text": "The dollar is the reserve currency of choice because the full faith and credit of the US is big, liquid, and stable compared to any currently-available alternative.   The Euro and Yuan are big enough to displace the dollar (and maybe the Yen), but any fears about the dollar being subject to fickle whims of politics and policy are significantly worse with those options."}
{"_id": "97064", "title": "", "text": "Let's say I have a large company with a sub-unit which accounts for 40% of their revenues. The company is traded at a foreign stock exchange, but have the sub-unit that is located domestically. The beta of the company can be easily found online or calculated manually. How do I determine the beta of a sub-unit of a multinational company?"}
{"_id": "97075", "title": "", "text": "Steve Keen says otherwise, he says Banks CAN create a Quadrillion dollars, as long as there are willing borrowers.  :  http://www.youtube.com/watch?v=zc_fpGfyqGE.  http://www.youtube.com/watch?v=4sSfPkIUHPk&amp;feature=share  why does m2 seem like exponential?  how can fractional reserve do something like that?  unpossible.   seems like only an explosive growth in either productivity or profits through slave labor globalization or speculative derivatives can do something like that."}
{"_id": "97081", "title": "", "text": "Here's a start at a high level: I have a few friends who have made a killing on GLD, and write options to make money off of the investment without incurring the capital gains penalties for selling. That's a little out of my comfort zone though."}
{"_id": "97083", "title": "", "text": "\"especially considering it has a mortgage on it (technically a home   equity loan on my primary residence). I'm not following. Does it have a mortgage on it, or your primary residence (a different property) was used as a security for the loan? If it is HELOC from a different property - then it is really your business what to do with it. You can spend it all on casinos in Vegas for all that the bank cares. Is this a complicated transaction? Any gotchas I should be aware of   before embarking on it? Obviously you should talk to an attorney and a tax adviser. But here's my two cents: Don't fall for the \"\"incorporate in Nevada/Delaware/Wyoming/Some other lie\"\" trap. You must register in the State where you live, and in the State where the property is. Incorporating in any other State will just add complexity and costs, and will not save you anything whatsoever. 2.1 State Taxes - some States tax LLCs. For example, in California you'll pay at least $800 a year just for the right of doing business. If you live in California or the property is in California - you will pay this if you decide to set up an LLC. 2.2 Income taxes - make sure to not elect to tax your LLC as a corporation. The default for LLC is \"\"disregarded\"\" status and it will be taxed for income tax purposes as your person. I.e.: IRS doesn't care and doesn't know about it (and most States, as well). If you actively select to tax it as a corporation (there's such an option) - it will cost you very dearly. So don't, and if someone suggest such a thing to you - run away from that person as fast as you can. Mortgages - it is very hard to get a mortgage when the property is under the LLC. If you already have a mortgage on that property (the property is the one securing the loan) - it may get called once you transfer it into LLC, since from bank's perspective that would be transferring ownership. Local taxes - transferring into LLC may trigger a new tax assessment. If you just bought the property - that will probably not matter much. If it appreciated - you may get hit with higher property taxes. There are also many little things - once you're a LLC and not individual you'll have to open a business bank account, will probably need a new insurance policy, etc etc. These don't add much to costs and are more of an occasional nuisance.\""}
{"_id": "97094", "title": "", "text": "I'm a freelance programmer, reverse-engineer, and network engineer. I do quarterly 1099 filings using a cheap local accounting firm. I did them on my own at first; not that hard.. You deduct from sum the percentage for that earning-tier issued by the IRS.. $500.00 for writing algorithms on a timer? Yikes.. I did topcoder once but it didn't pay much then it was only good for portfolio.. No way I would race to do algorithms for third-world-rate capital.."}
{"_id": "97100", "title": "", "text": "&gt;You need an outside party ref - govt. to set the rules and regulations.  Except that in your analogy, the rule book is written by the wealthier team, and the ref is paid for by the wealthier team, and for some damn reason, the wealthier team always wins. But there's a ref!!!"}
{"_id": "97102", "title": "", "text": "I'm a die-hard Tesla fan who doesn't yet own a model 3. I fully expect to pay at least $45 for the model 3 I would want. I'm not sure expectations have been tempered yet. How many people will be expecting all the bells and whistles for $35k minus the rebates? Even for just this next car release in a few weeks, their actual demand and production ability are volatile."}
{"_id": "97110", "title": "", "text": "The difference is, outside of a small period in the 70s, this is the first time that events are converging that will very likely make it true. Short of the emergence of an industry that can economically support us for the next 20-30 years (which is essentially one part of what saved us during the 70s, with the computer revolution), the options that exist for Social Security are:  1. Increase benefits age. 2. Decrease payouts (either by nominally decreasing them, or de facto decreasing them by not keeping pace with inflation). 3. Print the money to pay back the IOUs that are the foundation of Social Security today (resulting in massively inflated money supply and lower purchasing power of the payouts).  So while it might be true that this was discussed, because of the massive size of the system and the economic might of the United States, there was never really a threat of it actively impacting a generation until now.  That aside, the Social Security argument was only one arm of the discussion. The Gen X generation, if the economy doesn't recover, is going to be the first generation to have to figure out what retirement means when your entire generation is lacking resources to support itself (compared against the WWI generation (savings, not possible now with inflation), the Greatest Generation (pensions, which are gone), and the Baby Boomers (401k and remnants of Social Security system))."}
{"_id": "97140", "title": "", "text": "And apparently they have started investigating, and the organization that certified the farm as fair trade etc. has also started investigating. What more should Victoria's Secret do? I think this is a good story, since it shows that their CSR system has worked.  Buy more Victoria's Secret panties, I say."}
{"_id": "97144", "title": "", "text": "The best rub on those (beyond the fact they attract children - and let's be honest, most adults - to finger-smear snot and germs all over them) is the fact that after you haven't seen your waiter / waitress more than maybe once during your stay, they (the tablets) prompt you for a FUCKING TIP."}
{"_id": "97151", "title": "", "text": "Many, many good answers here, but I like this one:  One month's worth of expenses for each full percentage of unemployment.  Therefore, it would normally float between, say five months and ten months.  When the economy's hoppin' -- you have less to worry about.  When times are tough -- beef up that fund."}
{"_id": "97154", "title": "", "text": "I'm not surprised after shopping there.  The items don't feel like they are of any higher quality than say Adidas or Nike, and they feel really overpriced.    I didn't think the styles were great in terms of looks, and the clothes didn't seem to fit well for me(wider and loose).  If it wasn't for a gift card and a 40 off 100 code, I would never have bought anything."}
{"_id": "97162", "title": "", "text": "Your plan isn't bad, but it probably isn't worth the cost for the small amount of credit building it will achieve. If you do decide to continue with it though, you'll save in interest if you make the big payment now rather than in 6 months. In other words, you can take the minimum payment, multiply it by 5, subtract that amount from the total you owe and pay the difference immediately. This way you'll still get the 6 months of reporting to the credit bureaus, but you'll pay less interest since you'll have less principle each month. I would recommend applying for the credit card right now. I believe you'll probably get approved now. If you do, then pay off the car loan without thinking about it. (If you don't get approved, think about it, then probably still pay it off.) Regarding the full coverage insurance, even after the loan is paid off and you aren't required to have it, you may still want to keep it. Even if you're the best driver on earth, if someone hits you and doesn't have insurance, or they have insurance and drive off, or a deer runs in front of you, etc, you'll lose your car and won't be reimbursed. Also, as Russell pointed out in the comments below, without collision coverage your insurance company has no incentive to work on your behalf when someone else hits you, so even if it's not your fault you may still not get reimbursed. So, I wouldn't pass on the full coverage unless your car isn't worth very much or you can stomach losing it if something happens. Good luck, and congrats on being able to pay for a car in full at 19 years old."}
{"_id": "97180", "title": "", "text": "Using any simulator will never be exactly the same as real trading.  One reason is that a simulator will always execute your trades at the exact price you want, but that may not always happen in real life. For example, if you place a limit order to buy 1000 shares of a stock at 10.50, and the price drops down to exactly 10.50, then the simulator will execute your trade and you will have 1000 shares at 10.50.  But in real life, the price of the stock may drop to 10.50, but other people may have buy orders ahead of you.  If the price of the stock drops to 10.50 but then starts going up again, you may not get all the shares that you wanted (or you may not even get any shares at all) due to the fact that people were ahead of you. In real trading there is also slippage, which you don't see in a simulator.  For example, if you have a stop order to sell 1000 shares of a stock if it drops to 7.50, then the simulator will sell all 1000 shares at 7.50 if the price drops to 7.50.  But in real trading, if the price drops to 7.50, then you may not be able to sell all 1000 shares at 7.50 if there's not enough liquidity or the market is moving very fast.  You may end up selling 100 shares at 7.50, 100 shares at 7.49, 100 shares at 7.48, 50 shares at 7.47, 50 shares at 7.46, 200 shares at 7.45, and 400 shares at 7.44. Another thing is that you don't experience the emotional aspect of trading with a simulator.  If you buy a stock in a simulator and it goes down, it's not real money, so you may be more willing to hold it and wait for it to come back up.  But if you are trading real money and the stock goes down, you may not be so willing to hold if it goes down.  You may be more apt to sell the stock for a small loss before the loss gets too big."}
{"_id": "97189", "title": "", "text": "well, maybe consider that english isn\u2019t my first language and a message from a former customer in any form pointing out why ones competitor is make huge leaps should make them think.    edit: I just read it again, it was also auto corrected into a bunch of garbage. thanks for pointing that out captain grammar nazi."}
{"_id": "97211", "title": "", "text": "I heard from someone that since my friends are moving money to my account, I'm liable to be taxed by the IRS  Not completely true. If there are large deposits in your account, you may be asked for clarification from IRS. If there is a reasonable justification; in your case the agreement that you are sharing the apartment, the lease deed has all the 3 names, there is explicit mention in lease about how funds are transferred. Note at times the audit maybe in future for quite a bit of past. Hence you would need to keep the record for quite some time. Alternative arrangements like opening a joint account and making payments from that account may make it easier from record keeping point of view."}
{"_id": "97233", "title": "", "text": "The issue only arises when the investments grow in size.  A small amount won't trigger the higher tax rates. If the amount is large enough, then consider using either: Insurance products that are 'segregated', or RRSPs in your own name after your business pays you wages, or Gifting to other family members."}
{"_id": "97234", "title": "", "text": "I elected to use an income-based repayment plan, which reduced most payments to $0 so I can focus on them one at a time."}
{"_id": "97275", "title": "", "text": "That's an important number when considering rent vs home ownership. If you own a home, you are much less likely to move for a better job, because of all the material and emotional investment into the house. So that 50% of salary difference (about $2000 a month if we take average salary of $48k), should be added to the monthly mortgage bill when comparing it to the rent."}
{"_id": "97280", "title": "", "text": "As far as I know there is no legal or tax implication to you gifting money to your partner for her to save in a H2B ISA, or for any other purpose. You are also wrong when you say that you cannot withdraw money from the accounts - you can.  Of course you probably won't want to because withdrawing money for any other purpose means losing the government bonus, but if you really needed to you could. An H2B ISA counts as a cash ISA so you are free to use the balance of your allowance in a S&S ISA, and presumably an Innovative Finance ISA (official name for the P2P ISA) when they become available."}
{"_id": "97295", "title": "", "text": "\"When Laurence Olivier took the role of Douglas Macarthur in the Unification Church's filming of Inchon, he told the press, \"\"People ask me why I'm playing in this picture. The answer is simple: Money, dear boy.\"\" Banking systems are typically decades old and subject to innumerable legal and technical restrictions. Moving money more quickly from one client's account to another would definitely be in the clients' interest, but\""}
{"_id": "97308", "title": "", "text": "well, our disagreement is regarding my use of the word confiscate  I feel government took my hard earned tax dollars to fund their agenda of EV promotion.  I don't want government picking winners/losers and I don't agree with **my money** wasted/destroyed on crony capitalism"}
{"_id": "97329", "title": "", "text": "Generally when items go to collection you will receive a letter in the mail not an email. You can try to dispute the charge with the credit companies (TransUnion, Equifax, and Experian) showing that the charge came after you left the country. Like the answer above me said, disputing it may cause the 7 year clock to restart which leaves it on your account longer. It may just be simpler to try to improve your credit score instead. You can check your credit score as often as you want using Credit Karma online or on your phone."}
{"_id": "97337", "title": "", "text": "Finance and accounting go together like peanut butter and jelly. Having said that, you really should (read: need [to]) determine what part of finance you're interested in, because that's the only way to give you an informed answer as to whether you should pursue a CPA / CFA / MBA.  With all of that in mind, your post -- in my opinion -- really comes across as you sounding like you don't want to put in the work to pass the CPA. If that's the case, finance is *really* not the field you want to be in.  Lastly, experience is not a substitute for having your CPA license, but rather a compliment."}
{"_id": "97340", "title": "", "text": "I am just an undergrad, but I will try to answer as best I can.  As mentioned in the other thread you posted, you should study for, and take, the CFA level one exam in December. This will give you some perspective as opposed to simply reading some articles online which talk about the day to day duties and earning potential, which I assume is where your real interest comes from. It's easy to be interested when you love a subject. It's not hard to be interested when your big paycheck on Friday depends on it. It's very hard to be interested when your first paycheck is two years away.  Yes, an MBA is marketable. Yes they have higher earning potential than a school counselor, **in a vacuum**. It really depends on you. The degree does not make the career and I know a few MBAs with sad careers.  I would do the CFA first and learn as much as you can about the industry, including meeting with people in various roles and asking as many questions as you can, before committing to anything, especially a costly MBA. You are 26, you have time. Not a lot of time, since I believe there is a definite preference for young, malleable, recruits, but some time. Consider it one big research project."}
{"_id": "97347", "title": "", "text": "For most people there is zero difference between tagging and folders, except in GMail the same email can be in multiple folders. I don't even bother mentioning it any more.  The real bonus of Gmail over Hotmail is the spam filter is better."}
{"_id": "97348", "title": "", "text": "\"While you'd need to pay tax if you realized a capital gain on the sale of your car, you generally can't deduct any loss arising from the sale of \"\"personal use property\"\". Cars are personal use property. Refer to Canada Revenue Agency \u2013 Personal-use property losses.  Quote: [...] if you have a capital loss, you usually cannot deduct that   loss when you calculate your income for the year. In addition, you   cannot use the loss to decrease capital gains on other personal-use   property. This is because if a property depreciates through personal   use, the resulting loss on its disposition is a personal expense. There are some exceptions. Read up at the source links.\""}
{"_id": "97351", "title": "", "text": "You could take on more work. Pizza delivery, lawn work, babysitting, housecleaning, etc. None of those are much fun, but all are better than opening a credit card bill."}
{"_id": "97356", "title": "", "text": "\"Whether or not I'm an alleged \"\"right winger\"\" doesn't change the fact that you resort to petty insults, and then feel no shame when called out on it. That just goes to show what kind of person you really are.\""}
{"_id": "97358", "title": "", "text": "\"It is and certainly will continue to drive up real estate (and, more generally, housing) prices in large cities. However, \"\"bubble\"\" implies an undeserved/irrational increase. I would argue that it is not; people (especially, but not only, millennials) do want live in large, vibrant cities where high-paying jobs exist. And indeed this rise in housing prices drives employers to raise wages. At first glance, this would suggest a vicious cycle, but I believe it is self-regulating. The real danger is economic-geographic stratification; only the richest, highest-skilled will be able to afford living in cities.\""}
{"_id": "97360", "title": "", "text": "Doesn't surprise me :-  * a ton of reality TV , much of it low quality and booring .  * a dearth of quality creativity - not much decent new series etc. .  * a lot of sequels and remakes - not much originals .  * a lot of poor quality news and poor quality journalism .  * a lot of people pushing personal , political and commercial agendas . A general lack of professionalism and objectivity .   * an overall lack of quality . Basically the choice is between a few channels of crap and a ton of channels of crap .  Most of the time I'm reading the Internet rather than watching the TV ."}
{"_id": "97384", "title": "", "text": "Theft of what? ive never taken a penny of your money. My suggestion, if implemented would save tax money and t would esppecially save people the thousands of dollars they often must pay for private insurance that gets worse and worse.  Tell me, do you also want to privatize the post office?"}
{"_id": "97386", "title": "", "text": "\"?  I hear the exact opposite -- that Zynga is basically a slave farm which works their employees to death.  No, really.  I asked a gathering at my company \"\"What's the worst place to work at in the Valley\"\" and Zynga came up.  This was, like, last month.\""}
{"_id": "97402", "title": "", "text": "\"That sounds about right. However, and this is just a quibble, it's not 90m notional of swap, or at least I've not heard it expressed quite that way for a total return instrument... generally I hear the word exposure, in this case the # of \"\"shares\"\" purchased at a specific index level. So 90mm exposure in S&amp;P 500 at today's closing price is: 90,000,000 / 2411.8 = a swap on 37, 317 shares.  If you want to maintain the 90mm exposure month to month, you will structure the instrument with a \"\"variable notional\"\". At each reset, the swap's # of shares will vary inversely with the index level to maintain the 90mm exposure.  You rightly point out that the financing is based on the 90mm figure.  As a final note, the dealer may also guarantee some profit by quoting a spread between the swap's initial index levels, depending on whether the portfolio wants to go long or short the index.\""}
{"_id": "97416", "title": "", "text": "Thank you so much for this valuable info.  Really love reddit for these personal answers, I wish I could talk to you all on the phone :D   I'll spell out my situation a little more clearly, maybe you'll be able to direct me the right way.  Graduated with an average GPA, business admin. I want to continue this path towards finance and I've been told by a few people the best thing to do is get an i banking job, then figure out what I really want to do in life (this way I have a solid resume).    Been trying to leverage my puny network and I've been unsuccessful in getting a job, though I've paid for many lunches :\\ Basically, I want to show I am smart and capable because the last thing employers have to go on is my gpa.  Could there be a better solution?"}
{"_id": "97424", "title": "", "text": "&gt;According to a Journal Sentinel article, financial incentives for Foxconn are expected to well-exceed $1 billion via a combination of local, state and federal incentives. According to their calculations, if the deal cost $1 billion and the company created 10,000 jobs, the government would spend $100,000 per job.  i wish the jobs were for real.  aren't these kind of jobs vulnerable to automation in the very short term future?"}
{"_id": "97433", "title": "", "text": "Good answer, I'm painfully aware of how much money that is for how long, but I think we're getting the runaround here. We're going to find a way to reduce that rate and increase our down payment. It's the only way I see of getting myself into a house"}
{"_id": "97446", "title": "", "text": "Presumably, the inverse of the advantages? You are guaranteed the interest rate that is written on your mortgage commitment as long as the first draw happens before the rate hold expiry date (typically 120 days from application date). In most cases, it takes at least 6 months or more to build a home from the ground up. That means that you are taking a chance at what the interest rates and qualifying criteria will be several months down the road. You can normally only lock in 120 days prior to possession with a 'Completion Mortgage'. Lenders are constantly changing their guidelines and rates are predicted to increase over the coming months. That means you are much better to obtain draw mortgage financing to avoid any of these uncertainties. You will know that you have your financing in place right away before construction even starts. This is a huge peace of mind so you can relax and get ready for the big move. So thus, if interest rates are lower 6 months or a year from now, that'd be the disadvantage -- a longer lock-in period."}
{"_id": "97466", "title": "", "text": "I'm not a lawyer and someone more knowledgeable than I will probably respond to this inquiry.  I worked with nonprofits for years however.  My suggestion would be that the Board would have a resolution allowing the Director to approve any contract below a certain dollar amount."}
{"_id": "97470", "title": "", "text": "Well, yes.  They aren't jailbreaking peoples phones in China either.  This is about providing a platform for people to download software that can add an extra layer of security.  They didn't remove anything from their phone's innate capabilities nor did they invade people using the phones privacy.  They just removed a banned item from the store.  If they break open someone's phone at the behest of the Chinese government, then I think there is cause for backlash."}
{"_id": "97473", "title": "", "text": "If you're planning to walk away from the house - don't invest any more money in it. Just be aware of the consequences. It may be worth considering a short sale if both the lenders will agree to erase the debt. If you're going to keep the house, then the fact that you're underwater now is irrelevant, and you should do your best to reduce the burden by paying off the higher rate loan. But, I personally think that accumulating enough cash to make you comfortable in case of a job loss for several months is a higher priority."}
{"_id": "97474", "title": "", "text": "You can definitely affect the price - putting in a buy increases the demand for the stock, causing a permanent price move.  Also if you hammer the market trying to execute too quickly you can hit offers that are out of the money and move the price temporarily before it stabilizes to its new equilibrium.   True, as an individual investor your trades will be negligible in size and the effect will be nonexistent. But if you are a hedge fund putting in a buy for 5% of dtv,  you can have a price impact. not 50%, but at least a handful of bps."}
{"_id": "97480", "title": "", "text": "I used to be a trader at a desk that sold delta-one derivatives on listed indices (think swaps, ETFs). There is a LOT to do:   buy/ sell stocks according to redemptions or new orders; manage the currency exposure; indices rebalance their composition everyday based on stock corporate actions, dividends and index reviews - you need to be aware of each and everyone and rebalance your portfolio to account for it; manage your inventory to get the best repo rates possible; trade single stock swaps with foreign counterparties to get access to better tax rates on dividends; when you have a big order where certain stock orders may not get filled - you have to create a strategy for managing that risk; sometimes you hedge your positions using futures that expire every three months in which case you need to figure out the best times to roll your expiring futures; i could go on and on.  Basically, since the profit margins are so low, the market so competitive for such vanilla products, and the volumes so high, you have to really make your processes super efficient and error-proof. Trust me, there is a lot to be done!"}
{"_id": "97484", "title": "", "text": "You submitted a claim for damage to the deck. The insurance company notified the mortgage company. Now the mortgage company wants to make sure that the collateral for the loan is still in good condition. They want you to make the repairs that you insisted needed to be done. They may even require you to use a licensed contractor before releasing the funds. Once you own the house without a mortgage, then you can decide for yourself if minor repairs need to be done."}
{"_id": "97489", "title": "", "text": "\"And you think they do this out of the goodness of their hearts, or because it maximizes their appeal to a niche audience with lots of disposable income and higher proportional spending on luxury food and drink items? Do you honestly believe that anything in a Whole Foods isn't proven to be helpful in selling products? Look at how fervently you jumped forth to inform me of how polluted that other meat is- do you ever wonder if maybe that passion is appealed to and marketer towards by businesses, and as such, there exists a profit incentive to make \"\"organic, pure\"\" foods as attractive as possible to consumers?    To claim Whole Foods is somehow less consumerist than any other retail chain is absurd. It is the most modern contrivance possible- a result of years of manipulation of public opinion through advertising about the *quality* of your food, based around fearmongering about unknown chemicals and ethical questions about livestock care.\""}
{"_id": "97490", "title": "", "text": "The money that you have under your control (e.g. in bank accounts, savings accounts, taxable investments, etc) is your money and there is no tax of any kind (either in India or in US) that needs to be paid when the money is transferred to India. As Dheer's answer says, you need to transfer all these monies within 7 years as per Indian tax law. For your 401(k) account, assuming that all the money is tax-deferred (i.e. you contributed to a regular 401(k) and not a Roth 401(k)), you will have separated from service as far as US tax law is concerned. So, check if it is at all possible to roll over the money into a similar scheme in India, specifically the Employees Provident Fund. Wikipedia says The schemes covers both Indian and international workers (for countries with which bilateral agreements have been signed; 14 such social security agreements are active). and so a rollover might be possible. If not, you could withdraw small amounts each year and avoid US income tax (but not the 10% excise tax), but how long you can continue holding 401(k) assets after return to India and whether that is long enough to drain the 401(k) are things that you need to find out."}
{"_id": "97534", "title": "", "text": "You can't write exempt because according to the instructions on the W-4 I claim exemption from withholding for 2015, and I certify that I meet   both of the following conditions for exemption. You don't meet the second condition. But you can increase the number of allowance to reduce the amount of taxes. Just make sure you put enough money aside into a savings account so that you can pay the taxes in the spring."}
{"_id": "97540", "title": "", "text": "&gt;All tax is income tax, as if you haven't got the income, you can't pay it.    This is a pretty apt simplification. I find that most land value tax advocates are either trying to engineer the demographics of property ownership or spiteful against people who own more than they themselves do."}
{"_id": "97548", "title": "", "text": "In Singapore, this is sufficiently common that the Singapore IRS has a page on their website dedicated to informing employers of how to properly pay this under Responsibilites of an Employer.   Specifically, tax paid by employer is taxable income for the employee (as it's really the employee's responsibility), so they must pay tax for that tax.  A tax-on-tax is computed for the tax paid, which also would be owed by the employer if they were paying the full tax rate for the employee. As a clarification, this is not the employer being truly responsible for the employee's income; this is the employer compensating the employee further to offset their taxable income.  This is effectively a fringe benefit, although it may be particularly useful in countries where either tax evasion is common (and thus an employer must compete with employers willing to pay under the table) or where employers are competing with others in nearby countries with lower tax rates.  It is not the same thing as the employer making your income nontaxable, though, and has implications for your tax filing. Significantly, it is likely that if you have additional income beyond income from that employer, it is likely to be taxed at your highest tax rate, as the employer will likely calculate the tax due based on their income being the only income you have in that year. *Edit based on emphasis in question: I'm not from Singapore nor am I a lawyer, but based on my reading of the IRAS website, it looks like you do not have to file if you have no other source of income, because they have a No-Filing Service which takes income information from your employer automatically and generates a tax bill, which presumably would be fully paid in your case.  This only aplies if you have no other sources of income, however; you still have to file if you have other sources of income since your employer would not know about them. If you are eligible for this service, you should get a letter informing you as such.  They also have a tool to check your filing status on their website."}
{"_id": "97561", "title": "", "text": "For larger items such as cars this is certainly possible; I've donated a car before (in Canada) and got a tax receipt that was probably worth more than I would have got from a dealer for the car. However with donations of this kind there are two obstacles: Two other options for you to consider. Most medium towns have used book shops which you can sell them to. If the used book shops don't want them then your books really aren't worth enough to be worrying about, in which case see option two: give the books to a charity or thrift shop and don't worry about the receipt. Sometimes a nice feeling is the best return you will get."}
{"_id": "97582", "title": "", "text": "Yes, this is a scam. Tell your dad not to pay any money.  There will likely be a large deposit in his account, but if he withdraws the money from his account, the bank will come after him looking for the money when the transfer to his account is reversed."}
{"_id": "97619", "title": "", "text": "To clarify something: FB did not inflate their share price, Morgan Stanley did.  Every company on the IPO wants a billion dollars a share, but thats not possible so they take what the market will give them, FB played their cards right. MS didn't disclose that their analysts (not auditors) changed their minds.  For fun stuff: read up on ETF arbitrage with HFT, this kinda stuff happens everyday on a micro scale."}
{"_id": "97636", "title": "", "text": "Does it make sense to report withheld tax income as an additional   income? Is it required by the IRS? Is $T deductible? This is what is called imputed income. The ticket is an income for you, but the company doesn't want you to pay tax on it. But you have to. But they want to be nice to you and give you the ticket on their buck. But that's the law. So what have the accountants invented? Imputed income. The company raises your salary in the amount of taxes paid (+some, but that's negligible), in addition to the actual ticket. So it seems, to you, that you got the ticket for free. The IRS doesn't see the ticket, it just sees that you got a $T+$X bonus and paid $T taxes. The fact that the $X you got in form of a ticket doesn't matter to them. Re your edit - you cannot deduct anything, since you can only deduct unreimbursed expenses, whereas $X is not at all an expense for you (you didn't buy that ticket, the company did), and $T is taxes, which are not deductible (its not an expense). In other words, had C not have been nice, I would be in a better   position! No. Your net pay shouldn't be affected, technically, so from your perspective you just got a plane ticket for free. Had C not been nice, you would still not be able to deduct the whole cost of $X, because unreimbursed employee expenses have a 2% AGI threshold."}
{"_id": "97642", "title": "", "text": "It depends on the terms. Student loans are often very low interest loans which allow you to spread your costs of education over a long time without incurring too much interest. They are often government subsidized.  On the other hand, you often get better mortgage rates if you can bring a down payment for the house. Therefore, it might be more beneficial for you to use money for a down payment than paying off the student load."}
{"_id": "97662", "title": "", "text": "\"My master's thesis was on using genetic algorithms and candle stick method.  If you are familiar, the AI was used to answer questions like \"\"what is a long day\"\", which is not formally defined in most candle stick texts.   So in theory unlimited potential for learning including teaching machines to learn.  Wall street pays pretty well for such developers, and if you are young and single man Manhattan is pretty sweet place to be. In practicality your formula for building wealth is the same as everyone else's:  get out of debt, build an emergency fund, and invest.  Initially invest in growth stock mutual funds through a 401K (assuming US).\""}
{"_id": "97686", "title": "", "text": "Ask your bank to write a letter asserting that you have $xxxxx on deposit with them, on their letterhead? Though realistically, the chance of your getting hit with identity theft In this situation, when you presumably know exactly who you're dealing with, are vanishingly small."}
{"_id": "97688", "title": "", "text": "It is true that operation profit comes from gross profit however it is possible for a company to have negative net profit yet have postive cash flow , it has to do with the accounting practice A possible example is that a company has extremely high depreciation expense of fixed asset hence net profit will be negative but cash flow will be positive. Assuming the fixed asset has been fully paid for in earlier years"}
{"_id": "97708", "title": "", "text": "You're lending the money to your business by paying for it directly.  The company accounts must reflect a credit (the amount you lend to it) and a debit (what it then puts that loan towards).   It's fairly normal for a small(ish) owner-driven company to reflect a large loan-account for the owners.  For example, if you have a room at home dedicated for the business it is impractical to pay rent directly via the company.  The rental agreement is probably in your name, you pay the rent, and you reconcile it with the company later. You could even charge your company (taxable) interest on this loan. When you draw down the loan from the company you reverse this, debit your loan account and credit the company (paying off the debt). As far as tracking that expenditure, simply handle those third-party invoices in the normal way and file them for reference."}
{"_id": "97712", "title": "", "text": "Assuming you have a good head on your shoulders, start looking into organizations with missions that align with what you believe in. After you've found a couple that are within driving distance, reach out and volunteer to serve on a Board or two.   There are tons of non-profit, and for-profit, entities that cannot afford to pay a salary, or generally even a stipend, to the Board members. These organizations need good people to work on the Board for free and who aren't seeking a Board position to merely enhance their resume."}
{"_id": "97715", "title": "", "text": "1. CFA isn't very cheap either. Do look at colleges like FMS and DFS amongst others that are run by the government universities. They are prestigious with good placement track records and charge peanuts as fees. 2. Like I mentioned earlier, it's not easy to get a job even when you have completed your CFA-L3. Indian market is highly competitive, - there are literally thousands of MBAs joining the workforce every year. 3. Are you very clear on what area of finance you want to get into. Because CFA is mainly directed towards equity research and asset pricing. 4. My suggestion would be to try and get a job straight away. CFA is something you can do along with a job as well (atleast L1 a d L2) and u can fund the programme with your salary."}
{"_id": "97717", "title": "", "text": "no one said all stocks, but i would say that most stocks are way over valued. The charts look pretty damn ugly and are pointing towards a major correction, i.e. DOW 10,000 should be broken with some support found in the low 9,000."}
{"_id": "97719", "title": "", "text": "\"Disclaimer: This should go without saying, but this answer is definitely an opinion. (I'm pretty sure my current accountant would agree with this answer, and I'm also pretty sure that one of my past accountants would disagree.) When I started my own small business over 10 years ago I asked this very same question for pretty much every purchase I made that would be used by both the business and me personally. I was young(er) and naive then and I just assumed everything was deductible until my accountant could prove otherwise. At some point you need to come up with some rules of thumb to help make sense of it, or else you'll drive yourself and your accountant bonkers. Here is one of the rules I like to use in this scenario: If you never would have made the purchase for personal use, and if you   must purchase it for business use, and if using   it for personal use does not increase the expense to the business, it   can be fully deducted by the business even if you sometimes use it personally too. Here are some example implementations of this rule: Note about partial expenses: I didn't mention partial deductions above because I don't feel it applies when the criteria of my \"\"rule of thumb\"\" is met. Note that the IRS states: Personal versus Business Expenses Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for business and partly for personal purposes, divide the total cost between the business and personal parts. You can deduct the business part. At first read that makes it sound like some of my examples above would need to be split into partial calulations, however, I think the key distinction is that you would never have made the purchase for personal use, and that the cost to the business does not increase because of allowing personal use. Partial deductions come into play when you have a shared car, or office, or something where the business cost is increased due to shared use. In general, I try to avoid anything that would be a partial expense, though I do allow my business to reimburse me for mileage when I lend it my personal car for business use.\""}
{"_id": "97722", "title": "", "text": "\"Clinical Pharmacist here, not talking out of my ass at all.   \"\"Opioid crisis\"\", you sound like you're just relaying what you read on CNN and snapchat stories. People addicted to opioids are miniscule compared to the number of people that it's helped. Fact.  I see people everyday on Fentanyl and Oxycodone and Hydrocodones. Once you see and realize the type of pain they are in, you understand that this class of medication may be one of the most important ones out there.\""}
{"_id": "97729", "title": "", "text": "You can look at TIPS (which have some inflation protection built in). Generally short term bonds are better than long if you expect rates to rise soon. Other ways that you can protect yourself are to choose higher yield corporate bonds instead of government bonds, or to use foreign bonds. There are plenty of bond funds like Templeton Global or ETFs that offer such features. Find one that will work for you."}
{"_id": "97734", "title": "", "text": "I agree. The CFA is nice for students who have the time to take the exam, because it could be a year or two before the start working, so it is a reasonable resume padder (especially if your major is engineer, science, or math and you want to do finance).  If you are trying to do a career change, it is important to know the material, because if you don't, then you can't do the job even if someone gives it to you. But passing the test isn't as important as actually applying to the jobs and networking.  I switched from engineering to finance (buyside equity analyst). Originally I planned to take the CFA exams to help me with my transition. But their new rule required a valid passport, and it takes a while to get one, so I missed the deadline for last December's exam. That turned out to be a good thing because I just started networking, cold calling/emailing, applying to jobs, etc and I got my current job. If I had actually decided to take the CFA, I would have wasted all my time preparing for the exam instead of trying to get the job. Potential employers know if you are good or not after talking to you for 15 minutes. It has nothing to do with being able to memorize a set of formulas, some the last name of some economists and their theories, some oscure accounting differences between GAAP and IFRS, etc. For me it was the fact that I invest my own money and that I am able to explain my own investments very intelligently (aka it needs to be a lot better than what you see on /r/investing).  If you know nothing about finance, studying the CFA material and then taking the exam is a good thing. You are going to be studying the material anyways if you are serious about a career change, so might as well take the exam afterwards and get a resume padder. I did end up taking the level 1 this month because my new employer paid for it. I don't think it adds any value once your foot is already in the door, especially since it takes 5 years of experience to get the charter (after that amount of time, it's all about job experience)."}
{"_id": "97737", "title": "", "text": "There's the [Home Planner for IKEA](https://play.google.com/store/apps/details?id=com.planner5d.swedishhomedesign) app that has been around for a couple of years or so now. I had it but had to delete it from my phone since it was taking up space and hogged too much RAM on my old phone. It's pretty fun, though!"}
{"_id": "97764", "title": "", "text": "Do you understand why private companies pay for their employees to travel in business or first class?  It's because coach class sucks.  Coach class gets you there, weary from the trip.  It's like taking a bus in a lot of ways.  Lots of inconveniences, crammed together with a bunch of people who, if they didn't come in stinking, will be smelly by the time you're at your destination.  Are you on a tight timetable?  Do you need to catch a red-eye to be somewhere else, and attend a meeting later that morning or afternoon, without time to freshen up?  Your associates will be grateful you took a better seat.  Is it worth it to the taxpayer to have their employees sharp and ready to work after the trip?  I think so.  It's not foolish for the public sector to invest in their employees, if we want capable public servants.  The cheapest option merely shifts the costs onto the employee, who will return the favor by not being able to do their best work."}
{"_id": "97784", "title": "", "text": "\"&gt;Everyone wants a solution, so I will provide one. The US government should simply cancel the $230 trillion in derivative bets, declaring them null and void.  I proposed this ages ago. I don't really see how they can be anything else BUT \"\"null &amp; void\"\" -- I cannot fathom any court actually being capable of enforcement of these \"\"side bets\"\" -- and there are plenty of legal provisions (statutory and case law as well as common law principles) that could/would likely cause them to be unenforceable (not to mention bankruptcy proceedings and the fact that \"\"gambling\"\" has long been considered a prohibited/controlled if not criminal activity, and with only specific provisional exceptions being enforceable).  They are really just self-delusional fictions piled upon fictions -- like children playing and saying \"\"I'll bet you a bazillion dollars\"\" and then paying it off with \"\"kited check IOU's\"\" -- utter nonsense (and some day it WILL end).\""}
{"_id": "97793", "title": "", "text": "It depends how much risk you're prepared to accept. The short-term risk-free rate of return at present is something in the vicinity of 0.1% (three month US treasuries are currently yielding 0.08%), so anything paying a higher rate on money that's accessible quickly will involve some degree of risk -- the higher the rate then the higher the risk."}
{"_id": "97796", "title": "", "text": "Last week, Barack Obama went to Osawatomie, Kansas, to kick off a more populist phase in his 2012 re-election bid. \u201cThis is a make-or-break moment for the middle class,\u201d declared the US president, who chose the same venue that Teddy Roosevelt used in 1910 to call for a new progressive era. \u201cI believe that this country succeeds when everyone gets a fair shot.\u201d  Saying everyone should get a \u201cfair shot\u201d always makes political sense \u2013 particularly at a time when US income inequality rivals that of Mark Twain\u2019s \u201cGilded Age\u201d. But it might have been a stretch for Mr Obama to suggest the American middle class is facing a unique \u201cmake-or-break\u201d moment. In reality, the labour force has been polarising for most of the past generation in a trend that has sharply accelerated since 2000.  America used to be exceptional. Postwar, it maintained lower unemployment than the Europeans and a higher rate of jobs turnover, enabling it to get away with more meagre benefits; \u201ca fair day\u2019s work for a fair day\u2019s pay\u201d was within the grasp of most. That gave America a booming middle class that until recently was the most important engine of global demand.  No longer. Today, somewhat remarkably, US joblessness is higher than in much of Europe. And the US consumer is mired in high personal debt. As the jobs crisis deepens, so too does US political polarisation. Allegations of \u201cclass warfare\u201d are a staple of Washington debate. In contrast to the 1960s, dominated by protests for peace and civil rights, today\u2019s battles are economic. Yet there are few signs that either policymakers or economists are closer to finding answers. Nothing Mr Obama has been able to accomplish since 2008 \u2013 including staving off a second Great Depression and pushing through an overhaul of the healthcare system \u2013 appears to have resolved that underlying structural challenge. Indeed, the signs are that the problem is intensifying. In the words of David Autor, a leading labour economist at Harvard University, the labour force is suffering from a growing \u201cmissing middle\u201d.  In short, the middle-skilled jobs that once formed the ballast of the world\u2019s wealthiest middle class are disappearing. They are being supplanted by relatively low-skilled (and low-paid) jobs that cannot be replaced either by new technology or by offshoring \u2013 such as home nursing and landscape gardening. Jobs are also being created for the highly skilled, notably in science, engineering and management. For the remainder of the workforce, including college graduates, it is both increasingly hard to find a secure job and tougher for those who do find jobs to be paid in line with inflation. Most people know that median US income has declined sharply since the late 1990s. Fewer are aware that real incomes also fell sharply in the same period for those with degrees. Only those with postgraduate qualifications, particularly PhDs, saw net gains (for some spectacular).  The jobs crisis has many worrying manifestations, of which three are worth highlighting. Perhaps the most troublesome is the waning dynamism of the market. People used to describe the US labour market as Schumpeterian, after the Austrian neoclassical economist who depicted the cycle of \u201ccreative destruction\u201d. Jobs might be lost rapidly in a downturn but were swiftly reallocated to more productive sectors when economic growth resumed. That is not now the case."}
{"_id": "97805", "title": "", "text": "If your employer does not offer contribution matching, and you don't like the range of investment options provided by the company 401k, then you probably are better off investing in your own IRA instead.  In an IRA held at a bank or brokerage, you can invest in multiple stocks or funds and move money around within the IRA pretty freely in most cases. If your company is doing well and is actually sharing profit into the 401k, you might consider leaving your 5% contribution to the 401k where it is and put the other 5% you are planning to contribute into a new IRA of your own.  This straddles the risk of you losing money if your company 401k tanks (or profit sharing dries up) and your missing out on profit sharing if it continues to pay well."}
{"_id": "97823", "title": "", "text": "Running a fiscal deficit means a government is spending more money than it is taking in as taxes, fees, penalties, fines, etc, with the extra money that is being spent being borrowed by selling bonds to willing buyers.  Interest paid to said buyers is another government expense in future years, and of course, the bonds must ultimately be redeemed and the buyers paid off.  The buyers of the bonds must have some confidence that they will get the interest they have been promised as well as be paid off ultimately.  As the government's indebtedness increases, buyers are likely to demand higher interest rates as inducements to buy the bonds. And so it goes..."}
{"_id": "97825", "title": "", "text": "One of the byproducts of free trade is that there is now a global labor market. So companies routinely review their operations and think strategically about where the company is going. Standard options are: Because the disincentives that once existed in the past are gone (the need for humans to do work, tariffs, regulation, poor infrastructure in the developing world), the available supply of labor is greater and demand lower -- thus wages are falling in real terms. Think in the simplest terms in an office environment.  In 1980 to make photocopies, you needed a Xerox machine that required a technician on site every couple of weeks to make adjustments, change toner, etc. There was probably a local rep you called to schedule break/fix serivce. Now technology has replaced that copy machine with a cheap multi-function device that requires no maintenance and any technical support is delivered by a person sitting in a Indian call center. So to answer your question, the incremental money from rising prices goes to a number a places. Alot of it goes to oil producers and other commodity producers. Much of it consists of indirect costs that fulfill other mandated services -- when you buy something, buried in that cost are things like health insurance, prescription drugs and school taxes."}
{"_id": "97836", "title": "", "text": "Most ETFs are index funds, meaning you get built in diversification so that any one stock going down won't hurt the overall performance much. You can also get essentially the same index funds by directly purchasing them from the mutual fund company. To buy an ETF you need a brokerage account and have to pay a transaction fee. Buying only $1000 at a time the broker transaction fee will eat too much of your money. You want to keep such fees way down below 0.1%. Pay attention to transaction fees and fund expense ratios.  Or buy an equivalent index fund directly from the mutual fund company. This generally costs nothing in transaction fees if you have at least the minimum account value built up. If you buy every month or two you are dollar cost averaging, no matter what kind of account you are using. Keep doing that, even if the market values are going down. (Especially if the market values are going down!)  If you can keep doing this then forget about certificates of deposit. At current rates you cannot build wealth with CDs."}
{"_id": "97837", "title": "", "text": "What the fuck are you talking about? They amended their S-1 filing with the SEC. The revenue outlook was a matter of public record. It's not their fault that no one actually reads the filings. The purpose of the filings is to make such information public. It's the fault of stupid investors and incompetent analysts and journalists for not reading the fucking disclosure documents. Do you really expect them to go out of their way to announce negative data? Because that's crazy. They will do the bare minimum required by law. Smart people that read the disclosure documents then discuss this info. Dumb money just buys the hype. This was not a disclosure failure. All the info was there to be used."}
{"_id": "97842", "title": "", "text": "Income and Capital are taxed separately in the uk.  You probably can't get dividends paid  gross even in ISA's you pay the basic rate of tax on dividends only higher rate tax payers get tax benefit from dividends. What you could do is invest in splits (Spilt capital investment trusts ) in the share class where all the return comes as capital and use up some of your yearly CGT allowance that way."}
{"_id": "97850", "title": "", "text": "\"&gt; I don't think you realize how ignorant people can be. Nor how uneducated as to what options they have or more importantly who will pay for those options since they are probably just as broke as they were before the kid.  Haha, I'm well aware of how ignorant people can be. I went to a very poor school with bad education where the teachers mostly spent much of their time just trying to corral the class rather than actually teach. The kids still knew that fucking could lead to babies, they just didn't care because they also knew (or at least believed) that they could get welfare. Based on the hostility of your response I'm gonna guess that you probably wont believe me and will assume this is some sort of \"\"alt-right\"\" propaganda, but that doesn't change reality. People can be very very dumb, but they aren't that dumb.  &gt; This isn't that point.  Right, so where do you draw the line?  &gt; Not really a fair comparison, but no I don't think we should let you starve. Idiot or otherwise.  Oh, sweet. Well, in that case, if you could send me some money, that would be awesome. I've made some bad decisions in my past and I'm nowhere near the quality of life that I should be. I actually make less the Fran from the article. Ethereum will work for sake of ease. Here's a wallet you can send it to: 0x52f4688802548121e1e404c26ef0e3d8a2667223  &gt; Prove it, name an example country that is now a devastated wasteland for providing decent wages alone.  OK, how about the United States. Poor people get a bad education and then many of them can't get a job because it's too expensive to hire them, especially when there are more qualified people available. They could have the opportunity to go work for a company for very cheap as an unskilled helper where they could learn skills on the job that will help them in the future, but it's illegal to pay them less than the minimum wage, so we had to set up an internship exclusion that will allow people to work for free (in exchange for those valuable skills) and is overwhelmingly college students. Now a poor person not only has to excel enough to get into college but they most likely will have to take out crazy loans just to get a foot in the door.  \"\"But wait, America hasn't been devastated!\"\" Oh, yes it has. We just keep getting more credit cards to pay off the old ones without actually producing anything, so it doesn't seem like it yet (depending on how you feel about income inequality). Eventually those other countries will realize that they can make products for their own people and they don't actually need us, then you will see the quality of life go up in China (If they don't squander it all lining the pockets of political party members). Without a minimum wage, we would have never lost those jobs in the first place (I know automation is taking over, so manufacturing jobs aren't coming back anyways, but this is what has lead to our crazy trade deficit).  &gt; What policies would those be? I'm waiting for that ruined country.  You're waiting, huh? Forgive me for not replying to your comment before you posted it.  &gt; Real world example or I am going to continue to assume you live in a alt-right fantasy.  Ah, there it is. Because I don't think that government programs work as well as a free market system that has vastly improved the quality of life of the average person over the past couple hundred years, I must be alt-right. You realize that basically means white nationalist right? You're essentially calling me a nazi because you disagree with me on economic policy.   ...maybe you do realize that. Sorry, you've got me questioning myself on how ignorant people can be.\""}
{"_id": "97852", "title": "", "text": "Legally, do I have anything to worry about from having an incorrectly filed W-4? What you did wasn't criminal. When you submitted the form it was correct. Unfortunately as your situation changed you didn't adjust the form, that mistake does have consequences. Is there anything within my rights I can do to get the company to take   responsibility for their role in this situation, or is it basically my   fault? It is basically your fault. The company needs a w-4 for each employee. They will use that W-4 for every paycheck until the government changes the regulation, or your employment ends, or you submit a new form. Topic 753 - Form W-4 \u2013 Employee's Withholding Allowance Certificate If an employee qualifies, he or she can also use Form W-4 (PDF) to   tell you not to deduct any federal income tax from his or her wages.   To qualify for this exempt status, the employee must have had no tax   liability for the previous year and must expect to have no tax   liability for the current year. However, if the employee can be   claimed as a dependent on a parent's or another person's tax return,   additional limitations may apply; refer to the instructions for Form   W-4. A Form W-4 claiming exemption from withholding is valid for   only the calendar year in which it is filed with the employer. To   continue to be exempt from withholding in the next year, an employee   must give you a new Form W-4 claiming exempt status by February 15 of   that year. If the employee does not give you a new Form W-4,   withhold tax as if he or she is single, with no withholding   allowances. However, if you have an earlier Form W-4 (not claiming   exempt status) for this employee that is valid, withhold as you did   before. (I highlighted the key part) Because you were claiming exempt they should have required you to update that form each year. In your case that may not have applied because of the timing of the events. When do you submit a new form? Anytime your situation changes. Sometimes the change is done to adjust withholding to modify the amount of a refund. Other times failure to update the form can lead to bigger complication: when your marital status changes, or the number of dependents changes. In these situations you could have a significant amount of under-withheld, which could lead to a fine later on. As a side note this is even more true for the state version of a W-4. Having a whole years worth of income tax withholding done for the wrong state will at a minimum require you to file in multiple states, it could also result in a big surprise if the forgotten state has higher tax rate. Will my (now former) employee be responsible for paying their portion of the taxes that were not withheld during the 9 months I was   full-time, tax Exempt? For federal and state income taxes they are just a conduit. They take the money from your paycheck, and periodically send it to the IRS and the state capital. Unless you could show that the pay stubs said taxes were being withheld, but the w-2 said otherwise; they have no role in judging the appropriateness of your W-4 with one exception. Finally, and I am not too hopeful on this one, but is there anything I   can do to ease this tax burden? I understand that the IRS is owed no   matter what. You have one way it might workout. For many taxpayers who have a large increase in pay from one year to the next, they can take advantage of a safe-harbor in the tax law. If they had withheld as much money in 2015 as they paid in 2014, they have reached the safe-harbor. They avoid the penalty for under withholding. Note that 2014 number is not what you paid on tax day or what was refunded, but all your income taxes for the entire year. Because in your case your taxes for the year 2014 were ZERO, that might mean that you automatically reach the safe-harbor for 2015. That makes sense because one of the key requirements of claiming exempt is that you had no liability the year before. It won't save you from paying what you owe but it can help avoid a penalty. Lessons"}
{"_id": "97861", "title": "", "text": "My first job was an Applebee's.  Yes, Chef Mike was in the kitchen.  He cooked sides. Rice pilaf? Mike. Steamed vegetables? Mike.  Customer wanted their steak super well done? Grill the shit out of it and give it to Chef Mike. Warm dessert? Of course it was microwaved. You think we bake a chocolate cake every time you order a slice?  The vast majority of the food? Cooked just like any other restaurant. Grilled, fried, blah blah blah. And yes, we roasted the potatoes in an oven."}
{"_id": "97881", "title": "", "text": "No, I didn't write anything about whether we should have invested in the interstates, just that comparing a public infrastructure project to private subsidy (a tax break has the same economic effect as a direct subsidy--more money circulating in the market, not tied up in government) is not an equal comparison. If you really want to push that button, I would argue that investment in public infrastructure is a better investment than giving tax breaks to corporations. Especially corporations like Foxconn, with a track record of not living up to promises like these."}
{"_id": "97894", "title": "", "text": "&gt;why does m2 seem like exponential? how can fractional reserve do something like that? unpossible.   You don't understand fractional reserve then. Please explain carefully exactly why fractional reserve cannot do that. Handwaving does not count. As I posted M2 tracks M1 by about a factor of 10, or do you dispute this? If so, why? If not, then you have to ask the question can M1 grow as fast as it has? It clearly has done so. And if it has, then banks have **not** added money beyond the money multiplier, since there is enough M1 to account for M2.  What about this do you not understand? All the data is there for you to check.   &gt;Steve Keen says otherwise  He is wrong. A bank cannot lend money it does not have. I am willing to borrow a quadrillion dollars. Where is the bank that will lend it to me? See, you're wrong."}
{"_id": "97918", "title": "", "text": "In 1984, Sears Roebuck bought the Greenwood Trust Company of Greenwood, Delaware and launched Discover Card (originally as a Sears card).  1984 NYT story You used to be able to pay Discover bills in person at Sears cashiers.  Sears soon spun it off.  In 2000 Greenwood Trust renamed itself Discover Bank."}
{"_id": "97924", "title": "", "text": "that disposable income, include bill gates, jeff bezo and mark zuckeberg. take those few people away from the pile, The entire country really has no surplus income left. Hence why credit card and household debt are all back up.  The income inequality and wealth disparity in US has reach historical proportion. It's near street riot level."}
{"_id": "97925", "title": "", "text": "Something else to consider, even if your friend is on the up and up and never misses a payment:  Until the house is paid off, any time you apply for credit banks will count the mortgage payment on your friends house against your ability to pay all your existing debts in addition to whatever new loan you're applying for.  If you're renting a home now, this will likely mean that you'll be unable to buy one until your friends house is paid off."}
{"_id": "97928", "title": "", "text": "Silvrback is the top minimalistic blogging platform offering an efficient blog writing posting experience. With minimalistic features and easy to use platform, Silvrback offers distraction free working space. Features like choosing the right word editor, Google analytics, ads free, optimum security and others make Silvrback your go to blogging platform. Our blogging platform is also highly affordable."}
{"_id": "97942", "title": "", "text": "It might, but it also might not. The Board of Directors gets to decide whether and how much dividends are paid to stockholders. So this will vary from company to company and may change over time. I suggest you ask the person making the offer. That said: It looks like they offered you OPTIONS, not Shares. An option is just the right to buy stock at a given price in the future. It is extremely unlikely that you would be entitled to any dividends since you don't have an ownership stake, just a potential to be a shareholder."}
{"_id": "97948", "title": "", "text": "\"As a rental, this is not an ideal set of numbers. You manage to show a $255 'gain' but $275 is from payment to principal. So, from the start, you're out $20/wk.  This ignores the $170K down payment, which has an opportunity cost, however you calculate it. You can assign the same rate as the mortgage, and it's nearly $10K/yr. Or the rate you feel your choice of stock market or alternate investment would rise. Either way, you can't ignore this money.  Your mortgage rate isn't fixed. A 1% rise and it would jump to $1663 ($842/week) Ideally, a rental property is cash positive without counting principal paydown or even the tax refund. It's a risky proposition to buy and count on everything going right. I didn't mean to scare you off with \"\"1%\"\" but you should research the costs of repair and maintenance. Last year my Heat/AC system needed replacement. US$10K. This year, it's time to paint, and replace rotting trim, $7000.  In the US we have property tax that can range from 1-2% of the house value. If you don't have this tax, that's great, just please confirm this.\""}
{"_id": "97962", "title": "", "text": "There are 2 basic ways to have someone buy partial ownership of your company: OR If they buy shares that you already own, then their shares will have the same rights as yours (same voting rights, same dividend rights, etc.). If they buy shares newly created from the company, they could be either identical shares to what you already own, or they could be a new class of shares [you may need to adjust the articles of incorporation if you did not plan ahead with multiple share classes]. You really need to talk to a lawyer & tax accountant about this. There are a lot of questions you need to consider here. For example: do you want to use the money in the business, or would you rather have it personally? Are you concerned about losing some control of how the business is run? What are the short term and long-term tax consequences of each method? What does your new partner want in terms of their share class? The answers to these questions will be highly valuable, and likely worth much more than the fees you will need to pay. At the very least, you will likely need a lawyer and accountant anyway to ensure the filings & taxes are done correctly, so better to involve them now, rather than later. There are many other situations to consider here, and an online forum is not the best place to get advice that might put you in a sticky legal situation later on."}
{"_id": "97964", "title": "", "text": "Technically, you could improve your odds in this hypothetical pre-apocolyptic economy by diversifying your digital and tangible precious-metal-commodity portfolio by going in with gold, silver, platinum, palladium, and others.   That being said I'm not sure if one can access tangible stores of all these metals..."}
{"_id": "97973", "title": "", "text": "\"I'm not a TJ hater. In fact, I would shop there if we had one within a 5-10 minute drive.  But here's a little fact we learned studying their business model in B-school: Trader Joe's basically takes the use of high-impact marketing to a new level to get you to buy stuff that isn't all that special. Most of their inventory is actually downmarket or discounted white-label merchandise that TJ repackages, rebrands as their own, and sells to you at a huge markup. They DO have *some* very high-quality items - which they display very prominently, often sell at either cost or with very small margins, and then cross-sell the shit out of you with the rest of their \"\"regular\"\" super high-margin stuff. This gives the customer the impression that they're buying something premium at a pretty good price. TJ also adopted Whole Foods' marketing techniques, like displaying their \"\"fresh\"\" cut flowers right up front in wholesome-looking baskets, even though those flowers are probably several days old. They also take advantage of a big, very well managed national supply chain to cut costs even further.  They also have excellent customer service and the best pumpkin ice cream I have ever tasted (seriously, check it out). Great business. But they're a premium upmarket chain that wishes to stay there. Their business model would never work for a traditional national chain like Kroger, Harris Teeter or Dominick's.\""}
{"_id": "97977", "title": "", "text": "Keep in mind that in order to fund your online casino account, you either had to provide credit/debit card info, or you had to give them your bank account number band routing number already. Now, assuming you've seen no fraudulent activity on your account(s) since then, and it was you who initiated the contact with them, what they're asking for is not totally unreasonable, nor is it all that unusual.  MANY companies require you to provide account/routing info to do financial business with them, which doesn't automatically equate to nefarious purposes, so don't let yourself go down that rabbit hole unless there's some other serious red flag to the situation which you haven't shared with us. It is a bit odd they'd send you a check for a portion of the winnings, but maybe that's to demonstrate good faith on their part as to why they need you to provide them information to send the remainder of your winnings. That being said, the suggestion to open a bank account solely for purposes of receiving your winnings is a good one.  I would go a step further and, once the transfer is made, go to the bank in person and withdraw it in cash.  Then you can deposit it into your regular bank account without there being any possible connection between the two, just in case you decide to indulge your fears about this. Good luck!"}
{"_id": "97988", "title": "", "text": "Look for EU banks that have US branches. Open an account there and look for the SWIFT code of your bank in US. Withdraw money using SWIFT US code."}
{"_id": "98013", "title": "", "text": "\"You know how when people called in on the Car Talk radio show (Click and Clack, I miss those guys), and while the caller asked a question about his car, really he needed marital advice? And the hosts would pounce on the part about the disagreement with family member and provide an unexpected answer (\"\"Yeah, the trick to a using a clutch is [...], but really, if you want to learn to drive a stick shift, get your dad out of the car!\"\") So I'm pouncing on the part about the spouse. It sounds like you and your spouse don't always agree on saving and spending, and you want to find a way to agree on saving and spending. If you can find a coach or planner or counselor that you both like and both trust, then go for it. You're looking more for the right personality than a precise job description. Start with exploring what you do agree on: we agree we need to save money, we agree we need to have a spending plan and budget, etc. The right coach will help you get to more agreement -- the job title is less important.\""}
{"_id": "98018", "title": "", "text": "The simple answer is that with the defined contribution plan: 401k, 403b, 457 and the US government TSP; the employer doesn't hold on to the funds. When they take your money from your paycheck there is a period of a few days or at the most a few weeks before they must turn the money over to the trustee running the program. If they are matching your contributions they must do the same with those funds.  The risk is in that window of time between payday and deposit day. If the business folds, or enters bankruptcy protection, or decides to slash what they will contribute to the match in the future anything already sent to the trustee is out of their clutches. In the other hand a defined a benefit plan or pension plan: where you get X percent of your highest salary times the number of years you worked; is not protected from the company. These plans work by the company putting aide money each year based on a formula. The formula is complex because they know from history some employees never stick around long enough to get the pension.  The money in a pension is invested outside the company but it is not out of the control of the company. Generally with a well run company they invest wisely but safely because if the value goes up due to interest or a rising stock market, the next year their required contribution is smaller. The formula also expects that they will not go out of business. The problems occur when they don't have the money to afford to make the contribution. Even governments have looked for relief in this area by skipping a deposit or delaying a deposit.  There is some good news in this area because a pension program has to pay an annual insurance premium to The Pension Benefit Guaranty Corporation a quai-government agency of the federal government. If the business folds the PBGC steps in to protect the rights of the employees. They don't get all they were promised, but they do get a lot of it.  None of those pension issues relate to the 401K like program. Once the money is transferred to the trustee the company has no control over the funds."}
{"_id": "98033", "title": "", "text": "\"When you're calculating the cash flows used to compute an IRR, with regard to the expenses used to calculate those cash flows:  Do you assume that expenses are going to be higher than they would be today, by using an assumed inflation rate?   Or is everything (all cash flows) assumed to be in today's dollars, and you account for inflation's effect on your actual returns at \"\"the end\"\" by subtracting off the inflation rate from the IRR?\""}
{"_id": "98072", "title": "", "text": "Yeah, but... if you look at his business practices and their global reach, no amount of policy declarations are enough to move the needle away from Trump being a globalist.  He has business ties *everywhere*, and is involved in the global economy regardless of how much his government claims to want to isolate the U.S. Trump, the man, is a globalist through and through."}
{"_id": "98079", "title": "", "text": "A couple of thoughts. Tax benefits are the usual reasons to decide on one residency or another. International tax law is complex, and it's probably best to consult a professional. Certainly without knowing which the other country is I would not want to hazard a guess. If he is really not going to be taxed on the other country, residing there would seem sensible. But... In Canada residency for tax purposes is established for an entire year. If you are resident for more than six months your salary for the year is taxable. Conversely if you are present for less than six months you are not taxable. (This may have changed - it's been twenty years since I did this.) The other issue is healthcare. If you are not resident in Ontario you are not eligible for free healthcare, I believe. He might have to purchase supplemental insurance if he returns occasionally."}
{"_id": "98090", "title": "", "text": "Just FYI, you're being downvoted because there's no such thing as a free lunch. We've all signed contracts and licensing agreements preventing us from doing exactly what you're asking. I sincerely doubt anyone will put their job or access at risk for you. Of what possible benefit is it to me to get you this data, knowing that there are risks to providing it?  You've got two choices: pony up or go home."}
{"_id": "98094", "title": "", "text": "Businesses aren't a charity - they pay for work and exist for profit. They aren't supposed to have feelings. So austerity and getting the most out of your employees causes the company to become lean and efficient.   A lot of companies run with a lot of fat - just organizational bloat and inefficiency. I don't take issue with changing the culture of complacency at a company and laying people off to make the company run without unnecessarily paying a bunch of people. You wouldn't hire 3 or 4 companies to mow part of your lawn and pay them all for mowing the whole thing, you wouldnt go out to eat every day if you were on a tight budget, so why would a company carry extra employees to do the same job, and why would you expect that a company should not use a zero budgeting system?  You wrote everything to seemingly suggest that 3G is a cancer to the business world, that they do things in all the wrong ways. But they've owned Burger King for almost a decade now. They earned a 46% return over a two year period and continue to own a majority stake in burger king. I think Burger King has a better reputation now than it did then. Tim Hortons was only acquired 3 years ago. People have been bitching about how they no longer make fresh donuts since before 2010. In other words, Canadians have been becoming more skeptical of Tim Hortons since **before** the buyout from Burger King and 3G. 3G didn't significantly change the values and product, they cut costs and made it a less cushy environment. The ill will toward Tim Hortons was not caused by 3G, as you suggested."}
{"_id": "98096", "title": "", "text": "\"because bankers are crooks is a very close answer. Just accept the truth that financial industry is the only service industry that could turn into giant parasite chopping pieces from real economy. I am not anti-financial, because greed is not banker's fault, but just one significant part of human nature. Every human being has greed and fear built in it. But financial industry is the only one which is built on exploiting greed and fear. Governments are throwing gasoline canister into that fire in desperate extinguish attempts, trying to \"\"regulate\"\" but only making it worse. With all that \"\"counter-cybercrime\"\", \"\"counter-terrorism\"\" and \"\"counter-everything\"\" efforts, ordinary people will be hurt as always.\""}
{"_id": "98108", "title": "", "text": "i used to buy tools there.  Craftsman used to be a trustworthy brand.  theres a branch near my house,  its almost deserted and creepy and, misfiring? would be one way to say it.  been that way for a couple years.  i feel so terrible for the people working there.  ill never buy there again  you have any information about the CEO and his Activities? not that i doubt you, just curious"}
{"_id": "98111", "title": "", "text": "You didn't say why this person or his aunt would want to give you money. What service are you performing for them? Why would he want to give you money? Simple, practical tip: If somebody offers to give you money for nothing, or a large amount of money for a trivial amount of work, there's about a 99.99% chance that this is a scam. In real life, it is disappointingly rare for millionaires to pick random strangers and give them money for nothing."}
{"_id": "98112", "title": "", "text": "\"Like most forms of insurance, health insurance is regulated at the state level. So what is available to you will depend greatly upon which state you live in. You can probably find a list of insurance companies from your state's official website. Many states now provide \"\"insurance of last resort\"\" for individuals who can't get insurance through private insurance companies. You can try looking into professional and trade associations. Some offer group insurance plans comparable with COBRA coverage, meaning you'd get a group discount and benefits but without the benefit of an employer paying 30-80% of your premiums. As a software developer you may qualify for membership in the IEEE or ACM, which both offer several forms of insurance to members. The ASP also offers insurance, though they don't provide much information about it on the public portions of their website. These organization offer other benefits besides insurance so you may want to take that in to consideration. The National Federation of Independent Business also offers insurance to members. You may find other associations in your specific area. Credit Unions, Coops and the local chamber of commerce are all possible avenues of finding lower cost insurance options. If you are religious there are even some faith based non-insurance organizations that provide medical cost sharing services. They depend upon the generosity and sense of fairness and obligation of their members to share the burden of medical expenses so their definitely not for everyone.\""}
{"_id": "98120", "title": "", "text": "I am myself from Scandinavia. We had low taxes until WW2 and were largely spared the horrors of WW2 which is the main reason we are still rich. As we have increased taxes, our growth rates have stagnated in Scandinavia. We still, however, do a lot of things right, we have high taxes, but also our governments are quite efficient, we have very free markets, free trade, very little labour regulation, etc. There are many more reasons Scandinavia is succesful - it is because we are so succesful that we have been able to have high taxes and support a welfare state, not the other way around... http://www.tandfonline.com/doi/pdf/10.1080/03585522.2013.836985"}
{"_id": "98130", "title": "", "text": "\"They are not selling stocks. They are selling OJ futures contracts. Selling a futures contract at 142 gives the buyer the right to buy a fixed number of pounds of orange juice concentrate (\"\"OJ\"\") on a future date at 142 cents per pound. The seller has an obligation to suppy that fixed number of pounds of OJ to the buyer on the future date for 142 cents per pound. When the seller turns around and buys future contracts at 29, the seller gets the right to buy OJ on a future date at 29. This \"\"zeros his position\"\" -- meaning he's guaranteed himself the ability to deliver the pounds of OJ he was obligated to supply when he sold futures contracts at 142. And since he'll only have to pay 29 cents per pound, and he'll be selling the OJ for 142 per pound, he'll walk away with 113 cents of profit for every pound sold. You can read a blow-by-blow account of what Winthorpe and Valentine did at the end of \"\"Trading Places\"\" here and here. Note that what they did would not be legal today under the \"\"Eddie Murphy rule\"\", which prohibits trades based on illicitly obtained government information.\""}
{"_id": "98140", "title": "", "text": "\"Often, if your realtor and the selling realtor know each other, your realtor will \"\"discover\"\" what price the seller really wants. (Don't worry about how this is done. There will be no evidence it occurred!) Your realtor will then drop hints that you should aim for that price to ensure the deal goes smoothly. That sounds like what your realtor is doing when he says \"\"If you want to play ball offer them $80k.\"\" He won't stop you from bidding lower, but he knows where you'll end up.  Price is just one part of the transaction, however. You can offer $80K, to meet their price, but also request that the seller make recommended repairs or credit you the cost. You can request that the seller cover closing costs or transfer taxes or any other costs. In short, offering the seller X doesn't mean you will pay X. I personally try to avoid credits, because although they make your effective price lower, the actual purchase price still drives things such as your loan, and in many places, your property taxes and other taxes. I would rather reduce the price than get credits. But you do what you have to do if you want the deal. You can also request that certain appliances be included, such as a refrigerator or a washing machine and dryer. You can ask for furniture, or statues in the backyard, or anything else you liked when you saw the house. In short, you offer X for the house, but you also get a bunch of other stuff that you need or want.\""}
{"_id": "98148", "title": "", "text": "try to set your patriotism aside for a second and think about the situation they put people in. it's terrible.  you build friendships for 6 years, and that is actually a pretty long time, then they just deport you. how would you feel about that? it sucks. that's why H1b is crap. you might get payed better and maybe you like America better than your own country but after 6 years it's over, for most the dream ends after the time is up."}
{"_id": "98150", "title": "", "text": "It appears very possible that Google will not have to pay any class C holders the settlement amount, given the structure of the settlement.  This is precisely because of the arbitrage opportunity you've highlighted.  This idea was mentioned last summer in Dealbreaker. As explained in a Dealbook article: The settlement requires Google to pay the following amounts if, one year from the issuance of the Class C shares, the value diverges according to the following formula: If the C share price is equal to or more than 1 percent, but less than 2 percent, below the A share price, 20 percent of the difference; If the C share price is equal to or more than 2 percent, but less than 3 percent, below the A share price, 40 percent of the difference; If the C share price is equal to or more than 3 percent, but less than 4 percent, below the A share price, 60 percent of the difference; If the C share price is equal to or more than 4 percent, but less than 5 percent, below the A share price, 80 percent of the difference.\u201d If the C share price is equal to or more than 5 percent below the A share price, 100 percent of the difference, up to 5 percent. ... If the Class A shares trade around $450 (after the split/C issuance) and the C shares trade at a 4.5 percent discount during the year (or $429.75 per share), then investors expect a payment of: 80 percent times $450 times 4.5 percent = $16.20. The value of C shares would then be $445.95 ($429.75 plus $16.20). But if this is the new trading value during the year, that\u2019s only a discount of less than 1 percent to the A shares. So no payment would be made. But if no payment is made, we are back to the full discount and this continues ad infinitum. In other words, the value of a stock can be displayed as: {equity value} + {dividend value} + {voting value} + {settlement value} = {total share value} If we ignore dividend and voting values, and ignore premiums and discounts for risk and so forth, then the value of a share is basic equity value plus anticipated settlement payoff.  The Google Class C settlement is structured to reduce the payoff as the value converges.  And the practice of arbitrage guarantees (if you buy into at least semi-strong EMH) that the price of C shares will be shored up by arbitrageurs that want the payoff. The voting value of GOOGL is effectively zero, since the non-traded Class B shares control all company decisions.  So the value of the Class A GOOGL voting is virtually zero for the time being.  The only divergence between GOOGL and GOOG price is dividends (which I believe is supposed to be the same) and the settlement payoff.  Somebody who places zero value on the vote and who expects dividend difference to be zero should always prefer to buy GOOG to GOOGL until the price is equal, disregarding the settlement. So technically someone is better off owning GOOG, if dividends are the same and market prices are equal, just because the vote is worthless and the nonzero chance of a future settlement payoff is gravy. The arbitrage itself is present because a share that costs (as in the article) $429.75 is worth $445.95 if the settlement pays out at that rate.  The stable equilibrium is probably either just before or just after the threshold where the settlement pays off, depending on how reliably arbitrageurs can predict the movement of GOOG and GOOGL. If I can buy a given stock for X but know that it's worth X+1, then I'm willing to pay up to X+1.  In the google case, the GOOG stock is worth X+S, where S is an uncertain settlement payment that could be zero or could be substantial.  We have six tiers of S (counting zero payoff), so that the price is likely to follow a pattern from X to X+S5 to X-S5+S4 to X-S4+S3, and climbing the tier ladder until it lands in the frontier between X+S1 and X+S0.  Every time it jumps into X+S1, people should be willing to pay that new amount for GOOG, so the price moves out of payoff range and into X+S0, where people will only pay X. I'm actually simplifying here, since technically this is all based on future expectations.  So the actual price you'd pay is expressed thus: {resale value of GOOG before settlement payoff = X} + ( {expectation that settlement payoff will pay 100% of difference = S5} * {expected nominal difference between GOOG and GOOGL = D} ) + ({S4} * {80% D}) + ({S3} * {60% D}) + ({S2} * {40% D}) + ({S1} * {20% D}) + ({S0} * {0% D})  = {price willing to pay for Class C GOOG = P} Plus you'd technically have to present value the whole thing for the time horizon, since the payoff is in a year.  Note that I've shunted any voting/dividend analysis into X.  It's reasonable to thing that S5, S4, S3, and maybe S2 are nearly zero, given the open arbitrage opportunity.  And we know that S0 times 0% of D is zero.  So the real analysis, again ignoring PV, is thus: P = X + (S1*D) Which is a long way of saying: what are the odds that GOOG will happen to be worth no more than 99% of GOOGL on the payoff determination date?"}
{"_id": "98189", "title": "", "text": "We heart nails in a big way. This is why Sorbet brings a kaleidoscope of ultra \u201cooh-la-la\u201d shades to your tips and toes. We stock a select line of quality nail polish brands &amp; products that live up to their names, and to your expectations."}
{"_id": "98196", "title": "", "text": "\"Within Canada, to send money to a friend online, you'd typically use the Interac e-Transfer service offered by most Canadian banks & credit unions. Here's a list of those that support it. My bank charges $1.50 to send money via Interac e-Transfer, and zero to receive. Charges are likely to vary by bank. FWIW, Interac is a not-for-profit organization & network founded about 30 years ago by some major Canadian banks to facilitate ATM, debit, and other electronic financial transactions within Canada. It's also possible at some banks to set up another person's bank account as a \"\"personal payee\"\" \u2014 at which point the account becomes available as a bill payment candidate in your online banking. I know at least three of the \"\"Big Five\"\" banks have this functionality. I use it at my own bank, but only for payees who also bank at my institution, and I'm not sure if it works between banks. You'll need to ask your candidate banks if they have such a feature, and whether it costs anything. The nice thing about the \"\"personal payee\"\" functionality is that, at least at my bank, there's no cost, so for recurring transfer scenarios it can keep costs down. To send payments outside of Canada, wire transfers remain an option \u2013 but doing so through a Canadian bank may be expensive. There exist some non-bank wire transfer providers that have more competitive fees and exchange rates.  PayPal remains an option as well.\""}
{"_id": "98199", "title": "", "text": "This only applies to owners that bought the S60 models. To save money, Tesla installed the same size battery pack in both the S60 and S75 and limited the range on the S60 through software.  The S60 is cheaper than the S75 for that reason. At anytime, you can pay the difference to unlock your S60 to the range of an S75."}
{"_id": "98202", "title": "", "text": "But in terms of a corporation, what does death penalty really mean. The buildings, employees, data, customer lists, all these things still have value. It's really just a question of whether they're broken up and sold to lots of companies, or if they reorganize into the same basic company."}
{"_id": "98221", "title": "", "text": "\"&gt; In Germany most terror attacks are made by right-wing guys who want to save Germany from the muslim terrorists   That's absolutely not true. You know that! Please tell me about the recent right-wing \"\"terror attack\"\" against **civilians** in Germany! Also, how many terror attacks were done by Muslims at the same time against **civilians**? (I am not pro far-right wing people, but they are not the level of Muslims.)  **Hey! Did you just say hate speech about right-wing guys? Are they terrorists?**  &gt; So the problems comes fron people saying things like you did: Muslims are terrorists. Taking a group as a whole and given them an attribute. If you say americans are fat idiots you say all of them   Repeating over and over that if someone says \"\"group X does such and such\"\" means that all members of the group do it will not work.   You just said: \"\"*most terror attacks are made by right-wing guys*\"\" and also \"\"*americans are fat idiots*\"\"  I say \"\"terrorist attacks are carried out by Muslims\"\" (I did not say \"\"Muslims are terrorists\"\") and the Swedish old lady said \"\"Muslims shit in the street and burn cars\"\".  Only the \"\"*americans are fat idiots*\"\" implies that ALL Americans are fat and are also Idiots. Do you understand why? If not, I will explain further. **Do you think I think all Muslims are terrorists?**  &gt; heres a link to the sweden Problem  No thanks! I don't needs stats from a Swedish source. Here are the stats from a [non-Swedish source](https://en.wikipedia.org/wiki/Crime_in_Sweden): Crime is up a lot. Why?  One quote: \"\"**In januray 2017, the the L\u00f6fven Cabinet denied the request from member parliament Staffan Danielsson to update the BR\u00c5 statistics on crime with respect to national or immigration background of the perpetrator, as had previously been done in 1995, 2005 but the 2015 was overdue.**\"\"  &gt; Your Right about the nazis though. Ignoring isn't helping. Sadly I have other fights to fight ...  You have other more important fights? Like to fight \"\"haters\"\" of Muslims?   Anyway, my question was:  &gt; **As you know, Nazis hate Jews despite Jews being one of the best and most contributing groups in society throughout history. Would you defend Jews being criticized by Nazis? If you do, do you realize what you just did?**\""}
{"_id": "98230", "title": "", "text": "There is no ETF that closely tracks oil or gasoline. This is because all existing oil and gasoline ETFs hold futures contracts or other derivatives. Storing the oil and gasoline would be prohibitively costly. Futures contracts are prone to contango and backwardation, sometimes resulting in large deviations from the price of the physical commodity. Contrast oil ETFs with metal ETFs, which track nicely. EDIT: See this article about contango. The UNG chart is particularly ugly."}
{"_id": "98258", "title": "", "text": "It has clearly emerged in the teaching profession. Teachers in my district are paid to work from 8-3:45 on school days. Most teachers cannot finish their job in that amount of time, because of all the extra obligations teachers are forced to take on (for example, cutting janitorial staff means that teachers have to spend time cleaning their rooms every day). Most teachers put in vastly more than the 38.75 contract hours a week on site doing job related things, and are not paid any more.  Heck, many of my colleagues are probably at the school right now, prepping for next year, even though summer days are not contract days and thus unpaid."}
{"_id": "98283", "title": "", "text": "You misunderstood my post, I know how batteries recharge. [Tesla intentionally slows down how quickly the battery can be recharged if you regularly use supercharging stations](https://electrek.co/2017/05/07/tesla-limits-supercharging-speed-number-charges/) to prevent the battery pack from losing performance prematurely. This is a limitation of the batteries that are currently being produced, however solid state batteries don't appear to have these shortcomings."}
{"_id": "98285", "title": "", "text": "They are actually pretty common and it's the reason that anyone who takes a Board seat at a company without D&amp;O insurance is playing russian roulette.  Now winning a shareholder suit on the merits (whether personal or derivative liability) is a whole different story - at least in Delaware Chancellery (fun fact DE has two judicial systems, one for corporate stuff with world class talent and one for everything else).    There's this doctrine called the 'Business Judgment Rule' which is a very high bar for a shareholder to overcome. Otherwise you'd see shareholder suits for every business deal that went wrong.  The other problem these Uber investors might run into is they haven't realized a loss, nor are they likely to have a negative return on the initial investment. Marking down a gain against a high water mark is an uphill battle.  Based on what it public, idk the cause of action, maybe Kalanick is going back on contractual language in his separation agreement (which is currently non-public) or that some of his actions as CEO could be considered self-dealing (again, not information currently in the public domain). Or maybe it's just a threat to put all the non-public shitty things he has done in a pleading and therefore put it in the public domain."}
{"_id": "98286", "title": "", "text": "Is there a way in bloomberg to calculate the total return if one purchased $100 worth of 10 Year US Notes at time X and perpetually rolled the principal once the bond matured until the present?   I've been able to historically use the COMP function to compare equity and ETF total returns, but curious if this function can be expanded to measure returns against commodities, treasuries, and other debt products. Unfortunately im having trouble pulling in the appropriate continuous commodity and treasury tickers."}
{"_id": "98287", "title": "", "text": "Don't you need ironclad sovereign debt that will never default type of trust to be a global currency? US is the closest we have at this point? If Europe wasn't on the Euro maybe you can say Germany but who else?"}
{"_id": "98294", "title": "", "text": "Pay off the Highest interest loan rate first. You must be doing something funky with how long your terms are... If you give a bit more info about your loan's such as the term and how much extra you have right now to spend it could be explained in detail why that would be the better choice using your numbers. You have to make sure when you are analyzing your different loan options that you make sure you are comparing apples to apples. IE make sure that you are either comparing the present value, future value or amortization payments...  EDIT: using some of your numbers lets say you have 5000 dollars in your pocket you have 3 options. excel makes these calculations easier... Do nothing: in 80 months your Student Loan will be payed in full and you will have 54676.08 owing on your mortgage and 5000 in your pocket(assuming no bank interest)  for mortgage: Pay off Student loan and allocate Student loans amortization to Mortgage: in 80 months you will have $47,910.65 owing on mortgage and student loan will be paid in full For mortgage: Pay 5000 on Mortgage: in 80 months student loan will be paid in full and you will have $48,204.92 owing on mortgage For mortgage:"}
{"_id": "98302", "title": "", "text": "How come when I sell stocks, the brokerage won't let me cash out for three days, telling me the SEC requires this clearance period for the transaction to clear, but they can swap shit around in under a second?   Be interesting to see what would happen if *every* transaction wasn't cleared until the closing bell."}
{"_id": "98304", "title": "", "text": "I would look on http://seekingalpha.com/currents/earnings. You can also get copies of the conference calls for each company you are looking at. What you referred to is the conference call. The people who usually ask questions are professional analysts. I would recommend getting the transcript as it is easier to highlight and keep records of. I hope that helps"}
{"_id": "98312", "title": "", "text": "It was everyone, from the bankers, to the no doc loan officers, to the people with no or minuscule incomes applying for a home they knew they could not afford, to the people who used their home as a piggy bank, to house flippers, to speculators, to investors. Everyone has some blame, greed, what ever you want to call it. There was no one person to shoulder the blame."}
{"_id": "98317", "title": "", "text": "Is it because the non-public info isn't directly related to the holding?   Seems like it should be illegal. If Congress was going to write a bill let's say that bans the use of oil in America, and 10 days before they release the bill to the public, 6 members of congress short oil stocks. Seems illegal to me."}
{"_id": "98326", "title": "", "text": "Before putting any significant money into stocks, I would recommend spending at least a year paper trading.  It is amazing how much money you can lose trading stocks when you don't know what you are doing!"}
{"_id": "98344", "title": "", "text": "Do you have a good reason for keeping a US bank account?  If not, I would close it and transfer to your Canadian bank account just to simplify your life. Unless you are investing on the scale of George Soros you shouldn't be worrying too much about exchange rates."}
{"_id": "98345", "title": "", "text": "\"To answer your question: yes, it's often \"\"worth it\"\" to have investments that produce income. Do a Google search for \"\"income vs growth investing\"\" and you'll get a sense for two different approaches to investing in equities. In a nutshell: \"\"growth\"\" stocks (think Netflix, etc) don't pay dividends but are poised to appreciate in price more than \"\"income\"\" stocks (think banks, utilities, etc) that tend to have less volatile prices but pay a consistent dividend. In the long run (decades), growth stocks tend to outperform income stocks. That's why younger investors tend to pick growth stocks while those closer to retirement tend to stick with more stable income-producing portfolio. But there's nothing wrong with a mixed approach, either. I agree with Pete's answer, too.\""}
{"_id": "98356", "title": "", "text": "There's a good explanation of this type of scam at the following link; It's known as a Spot-Delivery scam. https://www.carbuyingtips.com/top-10-scams/scam1.htm Also, I read this one a while back, and immediately this post reminded me of it: http://oppositelock.kinja.com/when-the-dealership-steals-back-the-car-they-just-sold-1636730607 Essentially, they claim you'll get one level of financing, let you take the car home, and then attempt to extort a higher financing APR out of you or request more money / higher payments. Check your purchasing agreement, it may have a note with something along the lines of 'Subject to financing approval' or something similar. If it does, you might be 'out of luck', as it were. Contact an attorney; in some cases (Such as the 'oppositelock.kinja.com' article above) consumers have been able to sue dealers for this as theft."}
{"_id": "98358", "title": "", "text": "Over time, you'll have more loans, maybe a few store cards, mortgage, car loan, etc.  I'm a fan of maximizing one's wealth, and the small rebate/reward adds up over time, so I'm not against the store cards, so long as you always pay the bill in full.  As far as FICO is concerned, what they 'like' to see may not necessarily be optimum for you. I'd suggest you go about your business, and over time use the few cards that combine to give to the best benefit combination that works for you."}
{"_id": "98372", "title": "", "text": "Generally speaking, yes, you're obliged to pay rent for the remainder of the lease term. But the landlord is obliged to mitigate damages, so if you can find a suitable tenant the landlord has to let you out of the lease."}
{"_id": "98381", "title": "", "text": "Credit card companies are businesses. Businesses will make any decision that makes them money. So does it make them money to cancel your account? It's a simple cost-benefit analysis: you having an account with them will probably give them some benefit for very little cost to them. The only real cost associated with an open account is someone who uses the card but doesn't pay, but they're pretty sure you won't be doing that."}
{"_id": "98386", "title": "", "text": "They're easily taken advantage of just like H1 visa folks. People can cry about expectations all they want but the real world isn't the world people expect.   If there is advantage to be taken some people will take it. And it's not DACA getting the better end of the stick that I can assure you.    As someone who consults executives and leads companies through transformation - forget the world you *want and expect*. First we deal with the world *that is* and we're honest so we can change it.    Expecting others to do what you wish is a redline throttle into a brick wall. What you want or expect doesn't fucking matter so drop it. Get real with the field you're given to work with. Then change that."}
{"_id": "98411", "title": "", "text": "\"I'm really not.  Want a different job?  Develop the skills and/or education for that job and apply.  Again, your life is in your own adult hands, excuses about circumstances, fairness, \"\"privilege\"\", etc, aren't going to change the fact that you are responsible for the outcomes in your life.  The sooner you accept that, and stop blaming everything listed above, the sooner you'll be on the road to a better life.\""}
{"_id": "98439", "title": "", "text": "It's not like we have a lot of options. We have to stop climate change. Natural gas will be increasingly important, and yes it's a fossil fuel, but not nearly as bad as coal or a oil.  Before looking for dealers look at Germany. If only they didn't substitute nuclear with renewables but substituted coal and oil with renewables, they'd have eliminated most fossil fuels."}
{"_id": "98451", "title": "", "text": "Who offered who what?  You're pretending industries are fungible. They aren't. Apple and Microsoft are not related to the MIC or big oil. Energy is a demonstrated input in every other sector in the world. Why not include (for example) agriculture in your math? It's 100% dependent on energy costs. You're isolating individual industries as if they exist outside of the greater supply/manufacturing chain and pretending that they can be swapped for one another based on the single metric of market size. Apples and oranges. Except in this case the world runs on oranges."}
{"_id": "98457", "title": "", "text": "\"You need to understand how various entities make their money. Once you know that, you can determine whether their interests are aligned with yours. For example, a full-service broker makes money when you buy and sell stocks. They therefore have in interest in you doing lots of buying, and selling, not in making you money. Or, no-fee financial advisors make their money through commissions on what they sell you, which means their interests are served by selling you those investments with high commissions, not the investments that would serve you best. Financial media makes their money through attracting viewers/readers and selling advertising. That is their business, and they are not in the business of giving good advice. There are lots of good investments - index funds are a great example - that don't get much attention because there isn't any money in them.  In fact, the majority of \"\"wall street\"\" is not aligned with your interests, so be skeptical of the financial industry in general.  There are \"\"for fee\"\" financial advisors who you pay directly; their interests are fairly well aligned with yours. There is a fair amount of good information at The Motley Fool\""}
{"_id": "98461", "title": "", "text": "There are some ETF's on the Indian market that invest in broad indexes in other countries Here's an article discussing this  Be aware that such investments carry an additional risk you do not have when investing in your local market, which is 'currency risk'  If for example you invest in a ETF that represents the US S&P500 index, and the US dollar weakens relative to the indian rupee, you could see the value if your investment in the US market go down, even if the index itself is 'up' (but not as much as the change in currency values). A lot of investment advisors recommend that you have at least 75% of your investments in things which are denominated in your local currency (well technically, the same currency as your liabilities), and no more than 25% invested internationally.  In large part the reason for this advice is to reduce your exposure to currency risk."}
{"_id": "98490", "title": "", "text": "\"You can be a great CEO without knowing anything about technology.  However, right now, there are a lot of businesses going through Schumpeter level creative destruction due to technology. In those contexts, you *need* the technological expertise *as well as* the leadership.  You wouldn't seriously suggest \"\"a CEO doesn't need to know anything about finance, because that's what their CFO is for\"\". In this context, technology is just as vital.  The strength of the team will definitely fill in for missing skill sets. If what it was just about understanding how technology works or even understanding statistics, I think you can totally rely on the team to fill that in.  However, CEO's do need to understand their business. In this context, it is a need thing, not a want thing. If the business weren't transforming in some massive fashion, they could lean on understanding the past of the business and use it to extrapolate about the present &amp; the future. That isn't the case here. Certainly, I wouldn't expect the CEO to match their CTO for technical understanding/skills (if you can't lead people who are more competent then you, you've got no business with the job). It's about the understanding of the business.\""}
{"_id": "98502", "title": "", "text": "That was a major statistic (that I can't find [Honestly I didn't look but I know it is out there]) that supporters of obama care would use. Basically they said a large portion of those that are uninsured are healthy people between the ages of 18-35, who don't see the need for health insurance, can't afford health insurance, or feel like they are never going to die or get sick so whats the point?. So the argument was: If the pool for people paying for health insurance increases, with a majority of that increase being people who will not use the system very much, then rates should drop for everyone since there are more healthy people covering for the unhealthy people.   I didn't assume, that was how it was marketed while it was being proposed."}
{"_id": "98510", "title": "", "text": "There's a possibility to lose money in exchange rate shifts, but just as much chance to gain money (Efficient Market Hypothesis and all that). If you're worried about it, you should buy a stock in Canada and short sell the US version at the same time. Then journal the Canadian stock over to the US stock exchange and use it to settle your short sell. Or you can use derivatives to accomplish the same thing."}
{"_id": "98521", "title": "", "text": "The problem isn't capitalism per se, but rather a failure of regulation. (Yes, purely pedantically, that means the problem *is* capitalism, but I hate saying it that way because it comes across as suggesting that capitalism in and of itself is bad)  For capitalism to work, you *must* have regulation. When regulation fails and allows (in this case) companies to become nations unto themselves and potentially abusive, then yes - that becomes problematic."}
{"_id": "98524", "title": "", "text": "Companies straddle the line between being public and private, given that people in our society are basically required to have jobs to survive, and those are largely provided by companies.  I don't think they should be treated exactly the same as a private individual.  &gt;Let the whiny left begin their foolishness ...  Oh, wait...  You didn't actually want to have a conversation.  Never mind."}
{"_id": "98532", "title": "", "text": "Our Finance organization does much of their reporting out of Excel being fed out of SSAS cubes, and beyond that, there's significant need for PowerPivot charts, forecasting, and Monte Carlo simulation, as well as significant use of various plugins and VBA code.  We kept Office 365 ProPlus around for Finance and HR.  For the rest of the organization, they don't need particularly advanced capabilities for slides, drawing, or word processing, or light spreadsheet capability and we're quite content to output to PDF, Google Sheets, and other things as needed, as well as using cost free alternatives to MS Exchange/Outlook, Visio, and Project.  The collaboration is a particular plus, and Google Hangouts is really convenient working from multiple sites/screen sharing.  We've done our best to keep our data centralized and universally accessible, in lieu of living in Excel spreadsheets and MS Access databases as tribal knowledge."}
{"_id": "98534", "title": "", "text": "It's interesting these days, I see a lot of daily deals startups taking investor money and inevitably failing...  It's a long con the other way, too - a steady paycheck for a few years with the knowledge that no amount of effort will save the company because the entire concept is wrong. Pivoting ten or twelve times just to suck more cash out of the gullible..."}
{"_id": "98535", "title": "", "text": "Electrodry is a specialist dry carpet cleaning company committed to ensuring a professional service for your home or business. For over 20 years Electrodry has been Australia's most trusted name for carpet cleaning, upholstery cleaning, drapery cleaning, and mattress cleaning for both residential and commercial premises."}
{"_id": "98555", "title": "", "text": "A good poker player lowers the bet on the downside and increases it on the up, by 3 to 10 times. They'll win, and then when the mood swings, generally 3 -5 consecutive downs, it`s time to reduce the bet back to 1. I gambled for a year fulltime - a guest of the house you might say, and I managed to make a living using this system."}
{"_id": "98572", "title": "", "text": "That's not how logic works.  Warren Buffet is for a FTT for one counter example.  People who make money in the stock market in honest ways want long-term stability.  If they see the financialization of the economy as counter to this goal, and a FTT as a method to mitigate that risk, then they would be for it.  If John selling Jim ten thousand cows introduces systemic risk to the economy, then yes, the rest of the market players should be compensated."}
{"_id": "98607", "title": "", "text": "If you buy, you also have to consider what others can afford to pay. If people are not going to pay more than 50k, why buying overpriced crap for 400k, which is going to be cheap in 5 years. Just rent out and wait for a deal or cheaper rent near-by."}
{"_id": "98629", "title": "", "text": "This isn't complicated. You either pay her a full wage and take the cost on your end or you pay her less of a wage and give her equity. You're trying to have your cake and eat it too. It's called greed. As long as you are aware of your stance feel free to screw her over as much as you're comfortable with."}
{"_id": "98635", "title": "", "text": "We're going through this at my company right now.  The billing/accounts receivable office near us has largely been automated and they are trying to find positions for all of the displaced employees.  There are a few open positions in my office and if these employees can pass a skills test/interview, they will get to take one of our spots and stay with the company.  If they are unable to pass the skills test (Excel and basic accounting concepts), they will be laid off.  Some of these people have worked for our company for over 20 years but since they didn't bother to upgrade their skill sets over the years, many of them will be out of work.  My coworkers think I'm crazy for continuing to obtain certifications and take classes but I'm thinking towards the future."}
{"_id": "98636", "title": "", "text": "\"Thirtyfive years ago, when buying checks through one's bank was the sole option, if you got a \"\"business\"\" account with a bank, you had to buy \"\"business\"\" checks.  One difference between a \"\"business\"\" account and a personal account was that on the business account, the incorporated or unincorporated company (say Simply Wonderful Apps) had the option of changing from John Doe to Richard Roe as the Treasurer of Simply Wonderful Apps and the person signing the checks, whereas a personal account in John Doe's name could not be changed to allow Richard Roe signature authority over the account.  For a self-employed person doing business as Simply Wonderful Apps, a personal checking account would do just as well,  since the need to change the person responsible for signing checks might never arise. It was, of course, important to have a separate checking account for the business because it made book-keeping simpler and also separated business expenses deductible on Schedule C from personal expenses. But it was not necessary to have a business account or business checks to run a small business. In addition to the various advantages described in other answers, one advantage that I found for larger checks is that various money management programs could do things like print an address below the name on (computer-printable) checks so that after folding,  the check could be put into a window envelope and mailed directly. For the one check to a page format, the programs could print additional information on the blank area below the check (e.g. explanations about the check, company logo etc. So, it was convenient if one had to write several checks each month. But if  outgoing checks are infrequent and extra security is not much of an issue, there  is less reason to spend a lot extra on business style checks rather than the personal style checks.\""}
{"_id": "98638", "title": "", "text": "No. You're lucky, maybe, but not really a successful investor. Warren Buffet is, you're not him. Sometimes it is easier to pick stocks to bid on, sometimes its harder. I got my successes too. It is easier on a raising market, especially when it is recovering after a deep fall, like now. But generally it is very hard to beat the market. You need to remember that an individual investor, not backed by deep pockets, algo-trading and an army of analysts, is in a disadvantage on the market by definition. So what can you do? Get the deep pockets, algo-trading and an army of analysts. How? By pooling with others - investing through funds."}
{"_id": "98654", "title": "", "text": "outstanding shares are the shares(regular shares) that are still tradable in the market, where the firm in question is listed. The term is primarily used to distinguish from shares held in treasury(treasury stock), which have been bought back(buybacks) from the market and aren't currently tradable in the market. Wikipedia is a bit more clearer and mentions the diluted outstanding shares(used for convertible bonds, warrants, etc) which is used to calculated diluted EPS."}
{"_id": "98656", "title": "", "text": "Moshammer Porsche Tuning Company is a reputed name in the field of tuning Porsches for a long time. People trust them immensely and they have never failed their customers. They are great at tuning not just Porsches but other cars as well. So give them a chance to get your Porsche tuned."}
{"_id": "98673", "title": "", "text": "\"If Lewis made any misrepresentations, painting the HFT firms in a bad light, he would be getting his ass sued off right now. So again, what part did he get wrong? And why are all these firms not suing him over this \"\"hatchet job\"\"?  I know all the greedy HFT fuckheads are upset for being exposed as greedy HFT fuckheads, but I don't see how their hurt feelings changes the fact that they're greedy HFT fuckheads.\""}
{"_id": "98681", "title": "", "text": "There are lots of thing that people will pay for if you wait long enough.  I don't know that I would consider them investments, but they go up in value."}
{"_id": "98693", "title": "", "text": "That time I posted a piece about extended cab safety of US-manufactured trucks and /r/cars banned me for a duplicating post.  Is *Reddit* full of ban-happy mods or are they organized in some fashion to target certain redditors for headchopping...like ISIS? Is there some secret cult of *Reddit* mods afoot?"}
{"_id": "98700", "title": "", "text": "Well, I'm sold.  I just installed the app now and I'll probably use it whenever I buy stuff I won't need for a while.  I already buy a ton of stuff through Amazon, why would I spend more if I don't need to?  Although I'm a bit sad that all the categories are pretty much things I never buy."}
{"_id": "98701", "title": "", "text": "\"Excellent observation! The short answer is that you don't own the firm, you own the right to your share of the profits (or losses) for the period that you worked there.  Technically you also have the right to vote to sell or disband the company (known as demutualization).   The workers at Equal Exchange voted in a clause to our bylaws to prevent this--basically a \"\"poison pill.\"\" It says that if we ever sold the company we have to pay off any debts, return any investments (at the price paid), and give away any remaining assets to another company dedicated to Fair Trade. The effect is that there is no incentive for us to sell the company, so we don't worry about all the kinds of things you would if you were focused on an \"\"exit strategy.\"\" But in this sense, \"\"ownership\"\" is even more compromised, right?   Back to your question, I think the answer is \"\"It depends on what you mean by ownership.\"\" It is certainly not ownership in the conventional sense. I think of it more like a trusteeship. We are stewards of the enterprise while we have the benefits given to active workers, but we have a responsibility not just to maximize our own well-being, but that of the other stakeholders (our suppliers, consumers, investors, our communities, the environment, etc), including the people who worked there before (and left part of the profits in the company as retained earnings) and those that will come after us.\""}
{"_id": "98704", "title": "", "text": "\"When you hear advice to buy index funds, that usually comes with two additional pieces of investment discipline advice that are important: These two elements are important to give you relative predictability in your outcome 20 years from now.  In this old blog post of mine I linked to Warren Buffett talking about this, also  mentioned it in a comment on another answer: http://blog.ometer.com/2008/03/27/index-funds/ It's perfectly plausible to do poorly over 20 years if you buy 100% stocks at once, without dollar-cost averaging or rebalancing. It's very very very plausible to do poorly over 10 years, such as the last 10 in fact. Can you really say you know your financial situation in 20-30 years, and for sure won't need that money? Because predictability is important, I like buying a balanced fund and not \"\"pure stocks\"\": http://blog.ometer.com/2010/11/10/take-risks-in-life-for-savings-choose-a-balanced-fund/ (feel a little bad linking to my blog, but retyping all that into this answer seems dumb!) Here's another tip. You can go one step past dollar cost averaging and try value averaging: http://www.amazon.com/Value-Averaging-Strategy-Investment-Classics/dp/0470049774 However, chances are you aren't even going to be good about rebalancing if it's done \"\"by hand,\"\" so personally I would not do value averaging unless you can find either a fund or a financial advisor to do it for you automatically. (Finance Buff blog makes a case for a financial advisor, in case you like that more than my balanced fund suggestion: http://thefinancebuff.com/the-average-investor-should-use-an-investment-advisor-how-to-find-one.html) Like rebalancing, value averaging makes you buy more when you're depressed about the market and less when it's exciting. It's hard.  (Dollar cost averaging is easily done by setting up automatic investment, of course, so you don't have to do it manually in the way you would with value averaging.) If you read the usual canonical books on index funds and efficient markets it's easy to remember the takeaway that nobody knows whether the market will go up or down, and yes you won't successfully time the market. But what you can do successfully is use an investment discipline with risk control: assume that the market will fluctuate, that both up and down are likely and possible, and optimize for predictability in light of that. Most importantly, optimize to take your emotions and behavior out of the picture. Some disciplines for example are: there are dozens out there, many of them snake oil, I think these I mentioned are valid. Anyway, you need some form of risk control, and putting all your money in stocks at once doesn't give you a lot of risk control. There's no real need to get creative. A balanced fund that uses index funds for equity and bond portions is a great choice.\""}
{"_id": "98708", "title": "", "text": "&gt; I can't find any instance in modern history where workers won the fight against a machine that was going to replace them.  Are you kidding me? This is what Unions do all the time: prevent any kind of new efficiency, automation, outsourcing, etc.  I am absolutely not pro-Union. Actually, I hate Unions... or what became of them.  Anyway, Unions are quite successful in what they try to do..."}
{"_id": "98716", "title": "", "text": "I don't really have anything to add, but I've been looking for a study subreddit for International Business, where people can share resources.  There doesn't seem to be one however, I wonder if that would be something worth starting. /r/InternationalBusiness is currently banned, so we could claim that from the admins if they'd let us, and start a study sub."}
{"_id": "98721", "title": "", "text": "D\u1ecbch v\u1ee5 ph\u1ee5c h\u1ed3i tr\u1ea7n th\u1ea1ch cao SMY \u0111\u00e3 \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng trong nhi\u1ec1u th\u1eadp k\u1ef7 qua \u0111\u1ed1i v\u1edbi c\u00e1c t\u00f2a nh\u00e0 thu\u1ed9c m\u1ecdi lo\u1ea1i, k\u00edch th\u01b0\u1edbc v\u00e0 \u0111i\u1ec1u ki\u1ec7n v\u00e0 t\u1eeb c\u00e1c t\u00f2a nh\u00e0. Tr\u1ea3 \u00edt h\u01a1n v\u00e0 c\u00f3 \u0111\u01b0\u1ee3c d\u1ecbch v\u1ee5 th\u1ea1ch cao h\u1ea5p d\u1eabn h\u01a1n v\u1edbi ch\u1ea5t l\u01b0\u1ee3ng kh\u00e1c nhau. Ch\u00fang t\u00f4i \u0111ang \u1edf tuy\u1ebfn \u0111\u1ea7u c\u1ee7a availing s\u1ef1 ph\u00e2n chia tuy\u1ec7t v\u1eddi m\u00e0 tran thach cao c\u00f3 th\u1ec3 \u0111\u1ea3m b\u1ea3o ho\u1ea1t \u0111\u1ed9ng kinh doanh d\u1ec5 d\u00e0ng, b\u1ed5 sung gi\u00e1 tr\u1ecb v\u00e0 t\u0103ng c\u01b0\u1eddng t\u00ednh ri\u00eang t\u01b0. \u0110\u1ed9i ng\u0169 nh\u00e2n vi\u00ean c\u1ee7a ch\u00fang t\u00f4i s\u1ebd \u1ee7ng h\u1ed9 b\u1ea1n \u1edf nhi\u1ec1u l\u1ef1a ch\u1ecdn thay th\u1ebf c\u00f3 s\u1eb5n theo \u00fd c\u1ee7a b\u1ea1n v\u00e0 b\u1ea1n s\u1ebd ho\u00e0n to\u00e0n \u0111\u01b0\u1ee3c th\u00f4ng b\u00e1o th\u00eam v\u00e0 am hi\u1ec3u."}
{"_id": "98726", "title": "", "text": "\"The way I am trading this is:  I am long the USD / EUR in cash. I also hold USD / EUR futures, which are traded on the Globex exchange. I am long US equities which have a low exposure to Europe and China (as I expect China to growth significantly slower if the European weakens).  I would not short US equities because Europe-based investors (like me) are buying comparatively \"\"safe\"\" US equities to reduce their EUR exposure.\""}
{"_id": "98727", "title": "", "text": "This is referred to as an HSA Mistaken Distribution. An HSA mistaken distribution occurs when you take a distribution and later find out that it is not for a qualified medical expense.  For example, this could occur if you accidentally pay for a restaurant dinner with your HSA debit card.  It can also occur if you take a distribution to pay for a medical expense, but then are later reimbursed by insurance. This is discussed in the instructions for IRS forms 1099-SA and 5498-SA.  (Note: these forms are submitted by the HSA bank, not the consumer, so the instructions are addressed to them.) HSA mistaken distributions.   If amounts were distributed during the year from an HSA because of a mistake of fact due to reasonable cause, the account beneficiary may repay the mistaken distribution no later than April 15 following the first year the account beneficiary knew or should have known the distribution was a mistake. For example, the account beneficiary reasonably, but mistakenly, believed that an expense was a qualified medical expense and was reimbursed for that expense from the HSA. The account beneficiary then repays the mistaken distribution to the HSA.  You have until April 15 in the year following the refund to repay the HSA and avoid the extra tax and penalty that should be paid if you were to keep the distribution that was not ultimately used for medical expenses.  When you send the money to the HSA bank, you need to explicitly tell them that it is a mistaken distribution repayment, so that they can report it to the IRS correctly and it will not affect your contribution limits."}
{"_id": "98736", "title": "", "text": "\"&gt;Please explain who is being held down in this situation. An employment agreement is voluntary. Wages are set by supply and demand.  Please study the history of the labor movement in the United States. There's a reason we're paid actual money and not \"\"company bucks.\"\" Because businesses WILL find a way to pay employees nothing if they can.   &gt; So you want to violently intervene and kill off the livelihoods of people because they voluntarily work for a business you deem too unprofitable to exist?  No. I want to ensure that the price paid for labor matches its real cost. Again, study the labor movement.  &gt;The jobs will be replaced by machines and the people whose jobs you killed now live 100% on the dole, likely forever. Most of the people affected will be minorities. I can't imagine a more heinous and racist act of economic violence.  Sounds like the same fucking thing people (racists) said during the labor movement.  &gt; Individuals who would rather see perfectly able bodied people 100% on the dole rather than providing for themselves should be ashamed. Seriously, fuck you and fuck your violent and racist policies.  People who don't study history are doomed to repeat it. Seriously, fuck you and your complete and total ignorance of history and complete lack of understanding about basic economic theory.\""}
{"_id": "98738", "title": "", "text": "Yep, you got me.  I misread that portion.  That must mean everything else I said must be false.  Looks like it is time for you to move on to the next uneducated poor soul and save the world, one tax loving citizen at a time...."}
{"_id": "98743", "title": "", "text": "That's a nice idea, but it isn't likely to happen at any point in the near future.  Reddit is a bad example as it is a collection of links to websites. I agree I'm here mainly for the comments, but they're nothing without the links to the websites that we need to be able to read first.   And what of other websites that don't rely purely on comments and user submitted content? Should they try donations (which doesn't really work) or.. something else?   The brilliance of the internet is that it is free. Someone in southern Sahara can potentially watch a YouTube video showing how to fix a generator, or build a water generator. That is great! Sharing of information is so important.  Assuming a whole new internet is off the cards, what then?"}
{"_id": "98767", "title": "", "text": "The problem is that you don't have the money now; so they can't know with 100% certainty that you will have it on settlement day.  What happens if you don't file the paperwork in time? or you change your mind because you think the company stock is going to go through the roof next quarter? They would have to pull the funding for the loan. The seller would be upset, and could even file for damages if the deal falls through.  It could even snowball because if they delay the sale then they can't buy the new place, which impacts another closing... Frequently lenders want to see the money for the down payment long before settlement.  They want to know the money is there, and it isn't a hidden loan. While you can point to the money in the ESPP, they would still like to see the money in a regular bank account. Even if you do convince them to delay their evaluation you can count on being asked to prove the existence of the funds in the days before closing, or they will delay giving the loan."}
{"_id": "98770", "title": "", "text": "\"That quote was from a human being who already believed that before any computers got involved.  The point of using \"\"AI\"\" here was to   &gt; scour thousands of transcripts to ... implement a trade \u2014 in seconds.  I.e., recognize bullshit being spouted and sell stocks in response, before a human could even finish reading the words.\""}
{"_id": "98816", "title": "", "text": "Yes, PMI is what the lender requires to loan you more than 8O% of the home's value. I could easily present scenarios where it's exactly the right decision to use PMI and get the purchase done. A 100K mortgage at 90% LTV will cost you $521/year in PMI.  If you are renting and struggling to get a higher downpayment, it can take quite a long time to save the additional $11K to put down. Only the buyer can know if the house is such s bargain, or if rates have bottomed, but the decision isn't so clear cut."}
{"_id": "98828", "title": "", "text": "\"Wells Fargo Shareowner Services main job is as a Transfer Agent and Dividend Paying Agent. They work on behalf of a company (say Acme Inc.) to keep track of who the shareowners are, their job is to constantly update the official record of who owns how many Acme shares. (Also, obviously, they pay out dividends). You can see how they got involved: they are the ones who were able to \"\"rename\"\" your deceased relative's shares so they are now in your name, no one else can do that. Now, however, they don't have to keep your shares, you can transfer them elsewhere if you wish. You will have to legally prove your identity, which is not difficult to do in most cases (assuming you  are in US, have a government issued ID and a bank account, and some time to do some paperwork).\""}
{"_id": "98851", "title": "", "text": "Well, one way I avoid all exchange fees is to trade currency with an individual. There's no trick, though. Just find a friend or family member on the other side of the border who wants your USD or your CAD, look up the exchange rate for the day, and hand over the money (or write each other checks). It's win-win because both sides are getting a good deal with no fees."}
{"_id": "98868", "title": "", "text": "If your annual income is less than $45000 or so (and you expect this to change for the better in the future), it's not worthwhile to put that in an RRSP -- save your contribution room for the future years where you will gain more of a tax deduction.  There's no real downside in investing in a TFSA (what you withdraw this year can be put back in next year), so any surplus funds that you do not anticipate needing this year can be put in a TFSA to earn a bit more than the equivalent investment outside of a shelter."}
{"_id": "98904", "title": "", "text": "Don't give them too much credit.  They aren't actually Keynesian views.  Keynes believed in paying down debts during periods of growth.  These jokers live in a neo-Keynesian fairyland where all lunches are free, and debts can be modeled away via aggregate demand."}
{"_id": "98920", "title": "", "text": "What you're getting at is the same as investing with leverage. Usually this comes in the form in a margin account, which an investor uses to borrow money at a low interest rate, invest the money, and (hopefully!) beat the interest rate.  is this approach unwise? That completely depends on how your investments perform and how high your loan's interest rate is. The higher your loan's interest rate, the more risky your investments will have to be in order to beat the interest rate. If you can get a return which beats the interest rates of your loan then congratulations! You have come out ahead and made a profit. If you can keep it up you should make the minimum payment on your loan to maximize the amount of capital you can invest. If not, then it would be better to just use your extra cash to pay down the loan.  [are] there really are investments (aside from stocks and such) that I can try to use to my advantage? With interest rates as low as they are right now (at least in the US) you'll probably be hard-pressed to find a savings account or CD that will return a higher interest rate than your loan's. If you're nervous about the risk associated with investing in stocks and bonds (as is healthy!), then know that they come in a wide spectrum of risk. It's up to you to evaluate how much risk you're willing to take on to achieve a higher return."}
{"_id": "98946", "title": "", "text": "\"I am very tired of the age-old conservative argument for inherent \"\"dignity in work\"\".  Go fuck yourself.  Me not wanting to bust my ass for shitty pay that serves only those individuals that are of a higher class than me does not make me a lazy person.  To me, it is more dignified to work for something greater, i.e., a type of system that works for all.  Fuck anyone that thinks otherwise.\""}
{"_id": "98947", "title": "", "text": "\"Market cap is synonymous with equity value, which is one way of thinking of a company's \"\"worth.\"\"  The alternative would be enterprise value, which is calculated as follows:  Enterprise Value = Market Value of Equity + Market Value of Debt - Cash and Equivalents - Non-Operating Assets  Enterprise value is essentially \"\"how much is the firm worth to ALL providers of capital.\"\" It can be viewed as \"\"if I wanted to buy the *entire* company, debt and all, what would I have to pay?\"\"\""}
{"_id": "98961", "title": "", "text": "Universal Steel of America provides supply easy to construct steel buildings for auto shops that allow easy integration of floor space, vehicle lifts, work furniture, restrooms, tools, machines and so much more. We can accommodate any auto repair steel buildings requirements. Call us at 1-800-993-4660."}
{"_id": "98978", "title": "", "text": "\"As Dheer pointed out, the top ten mega-cap corporations account for a huge part (20%) of your \"\"S&P 500\"\" portfolio when weighted proportionally. This is one of the reasons why I have personally avoided the index-fund/etf craze -- I don't really need another mechanism to buy ExxonMobil, IBM and Wal-Mart on my behalf. I like the equal-weight concept -- if I'm investing in a broad sector (Large Cap companies), I want diversification across the entire sector and avoid concentration. The downside to this approach is that there will be more portfolio turnover (and expense), since you're holding more shares of the lower tranches of the index where companies are more apt to churn. (ie. #500 on the index gets replaced by an up and comer). So you're likely to have a higher expense ratio, which matters to many folks.\""}
{"_id": "98993", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Seattle Woman Says Her Identity Has Been Stolen 15 Times Since Equifax Data Breach](https://www.reddit.com/r/talkbusiness/comments/79uk5r/seattle_woman_says_her_identity_has_been_stolen/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "98994", "title": "", "text": "No, no they don't. No more so than wages do. A pension is not some magical pot of money that you retire and suddenly are a billionaire. A pension payment replaces your wages. It is retirement savings.   This is like saying we should eliminate 401K's, Roth, and Keogh IRA's and simply take the money. This is like saying we should seize homes and other properties. You need to elaborate why you think paying out pensions is going to raise inflation, that doesn't make sense."}
{"_id": "99007", "title": "", "text": "We give all day and all night, crisis A/C repair and routine upkeep to the inhabitants of Tampa Bay and its encompassing regions. Quick, productive, and dependable the most elevated quality administration! Rely on us to settle your ventilation system whenever of the day, any day of the year, including all major occasions.   We likewise offer the best cost and incentive on A/C establishment and substitution. With the ranking Florida warm, it's dependably a reason for concern when the aeration and the cooling system goes out. Our guaranteed and protected specialists are here to get you recovered, in as meager time as could be allowed."}
{"_id": "99019", "title": "", "text": "\"&gt; ignoring everything else that was happening around them and assuming that they were the only company/ecosystem that mattered  That *can* work if your ideas are good. Apple's designs are often considered innovative, and they have a [closed architecture](http://www.computerhope.com/jargon/c/closedar.htm) product design. Microsoft just does it poorly. Apple doesn't abandon their existing fan base too often (the FCP X conversion was actually quite bad) while Microsoft seems to ignore their previous achievements and designs. They look at what they can change without the connecting pieces for why it should be changed at all. Alienating those customers they \"\"won\"\" is their issue.  I am somewhat comparing *apples and oranges* here. Apple makes consumer products with very little enterprise support when compared to Microsoft, which is the opposite.  To be clear, I don't own any Apple products but do have a few Windows computers. However, I work in technology with both platforms regularly.\""}
{"_id": "99020", "title": "", "text": "\"Every car company does this and its frustrating as hell.    Something much more prevalent -- even commonplace -- is the car you booked not being able... not just car (much more common), but car type.  When I travel I book flights/cars weeks if not months in advance.  I travel on the company dime and they don't care if I get a Mustang convertible, Charger RT, etc., whatever.    Again, booked weeks/months in advance.    I can't tell you how frustrating it is to get off a 5-hour flight, take a 30-minute shuttle ride to the airport rental center (here's looking at you, DFW) and get there to be told I'm getting a Kia Sorento.    I know it sounds snobbish, but I paid for the upgrade, I've still got an hour drive to XYZ, and I want something fun to drive.  And they know, and I know, that bitching and moaning does absolutely nothing.  If X car isn't on the lot, I'm not getting it, unless Jesus Christ himself comes down and brings a Hemi with him.  I always see first timers there -- dads screaming at the desk agent with the wife and kids waiting on the benches, obviously exhausted and embarrassed -- trying to get the Tahoe or whatever they reserved.  \"\"Let me speak to your manager.\"\"  I have seen this maybe 5-6x, and every. single. time. the wife ends up calming the husband down, wife apologizes to the desk agent, and they take their Hyundai Santa Fe or whatever.  It's like the twilight zone every time I see it.  \"\"Is this family still here from last time?  Nope, new family.\"\"  TLDR;  Convertible wasn't available, got the moped.  Kind of like a convertible, I guess.\""}
{"_id": "99021", "title": "", "text": "When you buy a stock and sell a covered call, the call can't be valued higher than the stock, right? How can a call on a $10 stock sell for more than the stock?  So, the initial position of a covered call will cost you something. The transaction is a debit  to you. The net amount of the deal, usually prices as per stock/option single share.  For the image showing net credit, it's as if you expect to get paid for you to take this deal."}
{"_id": "99037", "title": "", "text": "For about six months now, every 3-4 weeks, I get a misdelivered packaged from those idiots.  It's to the same person.  They have the same house number, Asian name like myself, but ten streets away.  First couple of times I reported this to Amazon, but I got real tired of spending my own time to help fix their problem. I figure let Amazon keep sending replacement packages and maybe they'll finally get the hint.  Meanwhile, my housekeepers have been enjoying these gifts."}
{"_id": "99047", "title": "", "text": "Nah it's far from that simple. The effects of low interest rates will decline over time.   That's the nature of the beast. Without continuous input of bullish stimuli, and as leveraged longs grow and grow, stock market growth will become increasingly vulnerable to small shocks which turn into bigger shocks."}
{"_id": "99057", "title": "", "text": "\"Collective bargaining existed before the government officially granted people that right. Since collective bargaining would still be legal without the NLRA, understand that essentially what you're saying is that you think there should be a law that bars people from negotiating contract as a group, in the process making it near impossible have the same resources to help them that the other side has (like lawyers, analysts, economists, PR people, etc).   This would go against of right to freedom of association.  I do understand your argument though. Someone's private company is their own, to do with what they'd like. However we've been through that in this country, and child labor, unsafe working conditions, and 80 hour weeks. Having labor laws has proven beneficial for everyone (even very weak laws compared with the rest of the industrial world),  and raised living standards for millions. You may not realize it, but you have the labor movement to thank for many of the things that are just expected from employers today. Benefits, holidays, weekends, safety, overtime...without the labor movement raising standards in the private sector and pushing for govt. regulations, our working lives would look very different today.  Like all laws, there is a balance to be struck between individual rights and the common good, and what can be seen as a \"\"right\"\" for one can often be seen as a \"\"right to violate another's rights\"\" for someone else. Don't people have the right to withhold their work when they feel like their dignity is trampled on? Not everyone can own a business of their own, so are the vast majority of us who will spend our lives working for someone else expected to have as little influence in our working lives as an indentured servant? You probably tow the libertarian line. However good this sounds on paper, it ignores the child of crackheads who has to work to feed his/her siblings.    &gt; The mighty is those who use the force of government or the threat of violence (e.g. violent strikes) to prevent another party from exercising their contract liberty and firing them.  This is some pretty extreme hyperbole, and hard to take seriously. As someone who was recently involved in organizing their workplace, I can assure you that the deck is definitely stacked in favor of ownership. Modern anti-union strategies are sophisticated and implemented by highly-paid experts, skilled in using psychological tactics that your average worker just isn't ready for. Union membership in this country has dwindled to around 10%, down from around 50% during the middle of the century, and the erosion of the middle class has been the undeniable result.   Use the \"\"force of government\"\"? You know, we may have the right to strike in this country, but there's no law that says a company can't hire replacement workers, indefinitely. Plus, striking is not a risk-free action for someone barely getting by, especially when up against people who have enough money for 20 lifetimes.  Threat of violence? Violent strikes? This is a straw-man if I've ever seen one. Who is threatening violence here?  Objectively, when you look at the wealth disparity in this country, it's pretty hard to argue that the right to collective bargaining has resulted in an unfair advantage for workers.\""}
{"_id": "99084", "title": "", "text": "Join me for a look at the Quote for SPY.  A yield of 1.82%. So over a year's time, your $100K investment will give you $1820 in dividends.  The Top 10 holdings show that Apple is now 3% of the S&P. With a current dividend of 2.3%. Every stock in the S&P has its own different dividend. (Although the zeros are all the same. Not every stock has a dividend.) The aggregate gets you to the 1.82% current dividend. Dividends are accumulated and paid out quarterly, regardless of which months the individual stocks pay."}
{"_id": "99089", "title": "", "text": "\"Gold can be thought of to have value in one of two ways; (1) as a means and (2) as an end.  Means takes the shape of currency. In this form, we value gold in the same way we value the dollar, it allows us to purchase things we want. As a medium of exchange, gold has no definitive value and is only assigned one during the process of an exchange. For example, I would be valuing one ingot of gold to be worth a dog if I traded a dog for one ingot of gold. The value of gold in this sense is subjective as each person decides for themselves what gold is worth during the transaction. Gold as an end is valued for its own sake. A good example of this is a jeweler who purchases gold directly because of the intrinsic property(s) gold possesses. This is closer to the \"\"true value\"\" of gold than using it as a means, but virtually no one in our society views gold in this manor because virtually no one can use gold in this manor. \"\"You know what I could use right now, a block of gold.\"\" - said no one ever.  But even if you are one of the select few who value gold for its own sake, this is usually done because gold provides a function. For example, if people no longer want to ware jewelry, then a jeweler will likely have to find a new line of work where he would likely no longer view gold as valuable as an ends. To sum up, gold has a perceived value for most people and an \"\"intrinsic value\"\" to a select few (for the time being).\""}
{"_id": "99093", "title": "", "text": "Public dividend sounds good, but not the way you are writing about it.  How about you campaign to get people working together to build and patronize businesses that will support a public dividend.  Maybe buying something from the business could give you some share.  The more you buy the more shares you get and the larger your dividend, and the more influential your vote."}
{"_id": "99102", "title": "", "text": "Since your question is very particular on the details, I'm assuming you did your research. Unfortunately you won't get a better answer here than what you've found on the Internet already. This is not a clear-cut situation as the situation you're describing has been a source to some confusion. Mainly, the question is whether the US bank account is a tangible asset or not. To the best of my knowledge, this has not yet been settled, so I suggest going to a professional tax adviser (EA/CPA licensed in the US) who'd advise you the best course of action. I think it would be safer to transfer the money directly from the foreign account to the US beneficiary (although even then, if the IRS decides to start digging, it may claim that you're essentially disguising a transfer from a US account, so I suggest talking to a professional before doing anything). In any case, the US recipient will need to report the gift (if it is $100K or more) using the form 3520 with his/her tax return."}
{"_id": "99131", "title": "", "text": "\"When portfolio positions are reported in percentages, those percentages are relative to the portfolio's base equity.  When you start out, that is equal to the cash you have in a portfolio.  Later it's the net equity of the portfolio (i.e., how much money you could withdraw if you were to exit all your positions). If you put $5,000 into your account and are long and short 50%, then you are long $2,500 and short $2,500.  If it's 100% and -100%, then long and short $5,000. \"\"Leverage\"\" is often computed gross (as if all positions were long).  So if you have 100% and -100%, then your broker may say you are \"\"levered 2 to 1.\"\"  That is, your gross exposure is twice as large as your underlying base equity.\""}
{"_id": "99132", "title": "", "text": "If the stock starts to go down DO NOT SELL!! My reasoning for this is because, when you talk about the stock market, you haven't actually lost any money until you sell the stock. So if you sell it lower than you bought it, you loose money. BUT if you wait for the stock to go back up again, you will have made money."}
{"_id": "99133", "title": "", "text": "Thanks for the feedback. What area of finance are you currently in?  I've heard that RMI jobs are in demand right now as well, and I feel like that coupled with a background in computer science could really help."}
{"_id": "99137", "title": "", "text": "Other people have pointed this out, but there are a few considerations in whether you should do a Roth or Traditional IRA, such as: One of the major arguments for using a Traditional IRA is that you can (at least in theory) afford to contribute more money initially than you'd be able to afford if you were using a Roth IRA. While this is, in theory, true, I'm not at all convinced that using a Traditional IRA will actually cause people to contribute more to it. Realistically, how many people will actually contribute, say, $500 more to their IRA because they knew that their contribution for this year will save them $500? To know if this is the case, consider the last time that you actually invested some of your tax refund in your retirement account; I haven't seen any actual statistics on this, but I'm guessing that very few people do this. Please see other people's answers for details on the mathematics behind that. The second argument for contributing to a Traditional IRA is if you expect your future income tax rate to be lower than your current tax rate for some reason - e.g. due to a change in government policy (e.g. replacing income taxes with Value Added Tax or something like that), the fact that you're doing the contribution relatively close to when you're planning on withdrawing it, etc. Please see this question for more discussion about this. Keep in mind that, while a Traditional IRA saves you tax money this year, a Roth IRA saves you money when you withdraw it, so it's not really a question of paying taxes on $5000 now or $5000 later, it's a question of paying taxes on $5000 now vs., for example, $50,000 later (or however much the money's grown by the time you withdraw it). Maybe the Traditional IRA is still worth it, though, if there are changes to tax policy or you end up with a lot more money in your Traditional IRA due to being able to contribute more."}
{"_id": "99145", "title": "", "text": "\"I believe you are looking for price forecasts from analysts. Yahoo provides info in the analyst opinions section: here is an example for Apple the price targets are located in the \"\"Price Target Summary\"\" section.\""}
{"_id": "99146", "title": "", "text": "Not at all. I love McD's!  Their coffee beats the ever living shit out of Tim Horton's swill (yes, I'm Canadian). Their sandwiches, especially the McChicken, are great (though I think Wendy's makes a better burger). Their restaurants, particularly after the recent renovations, are clean, comfortable, and the staff are well trained.  Hating McD's is easy because they're so big, and have been so successful for so long.  They appeal to the masses, and no one wants to admit that they belong to that class."}
{"_id": "99151", "title": "", "text": "If your father is still able to make financial decisions and sign contracts, I see a better option. Have your father borrow against his equity to finance the renovation.  Example: the house is worth 400 now. He can borrow 100 against that. He spends it on the addition, making the house worth 500, with the same 400 of equity as before. (In some cases, spending 100 might add 150 to the house value, but let's assume here the increase is just what was spent.) When he dies, the mortgage has to be repaid. If he has no other money (that the two of you would otherwise split) then the mortgage has to be repaid by the two of you putting in cash. So you pay your brother 250 (half the new total value of the house) but he gives 50 of that to the bank for the mortgage. You also give 50 of your own money to the bank for the mortgage. Net result: your brother has 200 (the same as if he had inherited half the unimproved house), and you have a 500 house after paying out 300. Your gain is also the same as if the house was unimproved. Now if the house went up 150 by spending 100, or went up 60 by spending 100, you and your brother would also be sharing this profit or loss. If you don't want that to happen, you will need a different agreement. The advantage of the approach I'm suggesting is you just need one appraisal after your father dies.  Not accounted for in this is that you lived (without paying rent) in your father's house for some time, and that you worked (without being paid) as a caregiver to your father for that time. Some families might think those two things balanced, others might feel you need to be compensated for caring for him, and others that you need to compensate the others for your benefit of living in the large house. Be sure to discuss this with your brother so that you agree in advance whether a plan is fair or not."}
{"_id": "99156", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.taxresearch.org.uk/Blog/2017/07/17/the-world-does-not-have-a-debt-problem-it-has-a-wealth-inequality-problem-that-must-be-tackled-now/) reduced by 89%. (I'm a bot) ***** &gt; It&amp;#039;s commonplace to say that the world has a debt problem.  &gt; The result is simple: we remain in the economic doldrums at best; income growth remains poor, whilst the stock of world savings grows outrageously and governments, as the borrowers of last resort for the savings of the world&amp;#039;s wealthy, have to continue to run deficits which they say curtails their opportunity to take action to redress any of the economic issues arising.  &gt; What is to be done about it? The answer is that if the world is facing such an enormous glut of savings then they have to be taxed as fast as possible to prevent they imbalances they create.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o8ndo/the_world_does_not_have_a_debt_problem_it_has_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170541 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **save**^#1 **growth**^#2 **debt**^#3 **economy**^#4 **money**^#5\""}
{"_id": "99166", "title": "", "text": "Yeah get a little raspberry-Pi sized device, drown that fucker in epoxy so it can't be removed and tampered with by some smart arse, and put some sort of shielding in there too, job done. If you need to update the software, beyond a certain point, slap in a new module."}
{"_id": "99178", "title": "", "text": "Starvation is a highly disagreeable physical state people are well motivated to avoid. If one finds themselves in that state it is because something, perhaps circumstances, perhaps something else, prevents them from adding value to society. This is not a personal judgement of the individual, its reality.  His circumstances add no value to the egg. The egg would provide the same nutrition to the starving man as it would the fed man, and sustain each of them for exactly the same amount of time. The starving mans desire for food does not make him more willing to pay. It makes him willing to pay for smaller quantities of cheaper, poorer quality eggs. The well fed man is able to afford greater quatities and better qualities of egg, thus he is more willing to pay."}
{"_id": "99194", "title": "", "text": "I'm concerned about your extreme focus on Roth. In today's dollars it would take nearly $2 million to produce enough of an annual withdrawal to fill the 15% bracket. If you are able to fund both 401(k)s and 2 IRAs (total $43K) you're clearly in the 25% bracket or higher. If you retire 100% with Roth savings, and little to no pretax money, you miss the opportunity to receive withdrawals at zero(1), 10, and 15% brackets. Missing this isn't much better than having too much pretax and being in a higher bracket at retirement.  One factor often overlooked is that few people manage a working life with no gaps. During times when income is lower for whatever reason, it's a great time to convert a bit to Roth.  (1)by zero bracket, I mean the combined standard deduction and exemptions. For two people this is currently (for 2017) $20,800 total. And it goes up a bit most years."}
{"_id": "99200", "title": "", "text": "I am relative newbie in the financial market trading and as I understand it, the response from Victor is accurate in respect of trading CFD contracts. However, there is also the option to 'trade' through a financial spread betting platform which as its name suggests is purely a bet based upon the price of the underlying stock/asset. As such, I believe that your theory to short a stock just prior to its ex-dividend date may be worth investigating further... Apart from that, it's worthwhile mentioning that financial spread betting is officially recognised by HMRC as gambling and therefore not currently [2015/16] subject to capital gains tax. This info is given in good faith and must not be relied upon when making any investment and/or trading decision(s). I hope this helps you make a fortune - if it does; then please remember me!"}
{"_id": "99233", "title": "", "text": "\"This has to do with the type of plan offered: is it a 401(k) plan or a profit-sharing plan, or both? If it's 401(k) I believe the IRS will see this distribution as elective and count towards the employee's annual elective contribution limit. If it's profit sharing the distribution would be counted toward the employer's portion of the limit. However -- profit sharing plans have a formula that's standard across the board and applied to all employees. i.e. 3% of company profits given equally to all employees. One of the benefits of the profit sharing plans is also that you can use a vesting schedule. I'd consult your accountant to see how this specifically impacts your business - but in the case you describe this sounds like an elective deferral choice by an employee and I don't see how (or why) you'd make this decision for them. Give them the bonus and let them choose how it's paid out. Edit: in re-reading your question it actually sounds like you're wanting to setup a profit sharing type situation - but again, heed what I said above. You decide the amount of \"\"profit\"\" - but you also have to set an equation that applies across the board. There is more complication to it than this brief explanation and I'd consult your accountant to see how it applies in your situation.\""}
{"_id": "99234", "title": "", "text": "Echoing JohnF, and assuming you mean the physical, rather than abstract meaning of money?  The abstract concept obviously isn't replaced (unless the currency is discredited, or like the creation of the Euro which saw local currencies abandoned). The actual bits of paper are regularly collected, shredded (into itty-bitty-bits) and destroyed.  Coinage tends to last a lot longer, but it also collected and melted down eventually. Depends on the country, though.  No doubt, many people who took a gap year to go travelling in points diverse came across countries where the money is a sort of brown-grey smudge you hold with care in thick wadges. The more modern economies replace paper money on a dedicated cycle (around three years according to Wikipedia, anyway)."}
{"_id": "99243", "title": "", "text": "The main reason people go with lower interest accounts is for convenience of having the money in the same institution with other accounts (like checking, auto loans, credit cards, etc.) with their local bank. These online savings accounts are regulated by law to only allow 6 transfers out per month, so for people that need to make withdrawals more frequently, that can also be a factor. If someone has an account like this that is not part of their normal checking account, it can also be inconvenient to wait for an ACH to complete overnight before the funds are available in their main accounts. I certainly use a higher yielding account for my very short-term liquid savings."}
{"_id": "99263", "title": "", "text": "\"I am surprised by the term \"\"spoil\"\". My kids would argue that having to practice piano/violin for an hour every day is hard work. Ditto for science lessons and sports.   &gt;it's easy to spend it on yourself too.   I don't think so. Money spent on kids's education and personal development is an investment. Money spent on yourself... unless you are talking health and fitness, or professional education?\""}
{"_id": "99266", "title": "", "text": "LendingClub.com  I am an investor, 3 years now, and am making ~12%.  It takes a little savvy and some research, but I'm getting a far better return than any typical investment today.  As always, investors beware.  If you dump your money in and don't invest wisely, you'll get taken for a ride."}
{"_id": "99273", "title": "", "text": "Elite Curbing is a team of professionals and operated from the United States that design and install custom decorative Lawn curbing and decorative concrete overlay. We provide the best service of related curbing with landscape curbing, Cement Curbing, Cement Lawn Edging and much more. We are committed to continuing to find out decorative landscape projects that can benefit our customers and embellish their homes. Our fully insured professionals work is quick and clean."}
{"_id": "99279", "title": "", "text": "An inquiry to your credit report is a slight ding and lasts 2 years. I'd suggest that if you are playing the bonus game you watch your score closely, and if it drops below the level you'd like to maintain, hold off a while. Credit Karma offers a good simulation to show the impact of inquiries, utilization, new accounts, etc."}
{"_id": "99296", "title": "", "text": "NO it was literally for one model while they needed a cheaper one before the model 3, this will never be part of their lineup again, and it was ONLY for a short period of time and ONLY on their cheapest car. Already discontinued, it's not what they do."}
{"_id": "99313", "title": "", "text": "If someone decides to sign a contract and sell something at a loss and you are the end consumer, the fact that the manufacturer is losing money doesn't give you any moral or legal right to take it for free.   Nobody is saying it's right how it's done but until you are signing the contract that stipulates what you get for a movie it has nothing to do with you."}
{"_id": "99314", "title": "", "text": "Since you mentioned that it is your close relative, he has never done enything dodgy and is wise with his money, then I would take it that you have some implicit trust in him. Now your options in this case are limited to either saying an outright no, which may impact familial ties adversely or to do as he has requested. One way could be to ask him for a mail requesting a short term loan and then transfer the money to his account. Then after a few days/weeks he repays the money back to your account. Now, this may or may not be 100% black & white depending on the legalities of your country but in most countries/cultures giving and taking of personal loans between friends/families is quite common."}
{"_id": "99336", "title": "", "text": "I would say at about the same time as the US converts to having a public health system that covers everyone with very few people with private insurance."}
{"_id": "99346", "title": "", "text": "Split the money 50/50. Split the costs 50/50.  Prioritize your relationship over a couple of dollars here and there."}
{"_id": "99375", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.sciencemag.org/news/2017/07/cold-war-espionage-paid-until-it-backfired-east-german-spy-records-reveal) reduced by 87%. (I'm a bot) ***** &gt; Deep in debt and struggling to provide for his family, Hans Rehder got an offer he couldn&amp;#039;t refuse: to steal key files from his employer, West German electronics firm Telefunken, for a monthly payoff from East German agents.  &gt; After controlling for the effects of trade and research and development, the team found that economic espionage boosted TFP growth in East Germany, helping it close the gap with West Germany by some 8.6% in 1989, they report in a working paper published by the Institute of Labor Economics, an economics research institute in Bonn, Germany.  &gt; &amp;quot;They basically quantified what I did [already] in a qualitative way.&amp;quot; Macrakis, who has argued that East German industrial espionage was ultimately a failure, says the next step is to look at how the stolen technology was integrated into individual East German firms, who often requested-and received-the stolen information.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qykhk/cold_war_espionage_paid_offuntil_it_backfired/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~180676 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **East**^#1 **espionage**^#2 **economic**^#3 **Germany**^#4 **German**^#5\""}
{"_id": "99379", "title": "", "text": "You can also take a major credit card to almost any bank, walk up to the counter, and take a cash advance there as well.  Doing it at the counter will save you the ATM fee, though the bank may charge a processing fee so it could turn out more expensive."}
{"_id": "99409", "title": "", "text": "This chart above is taken from a Credit Karma snapshot I used in an article titled Too Little Debt? 30% of your score is based on utilization and this portion is scored as the chart indicates. A 61-100% utilization should really be avoided, but once paid, your score does bounce back, real time."}
{"_id": "99414", "title": "", "text": "The probably would not be used as much as you think. Currently some patents are nothing but assets. If a company has to spend money to keep a patent valid, patents go from assets to liabilities if they go unused.   It's very different from trademarks. There is often no reason to get rid of existing brand and when it is done it is at a huge cost. Trademarks are also not held onto just for the sake preventing another company from using them."}
{"_id": "99420", "title": "", "text": "If you want to use Gmail with your Domain, you need to use Gmail for Business - https://gsuite.google.com/products/gmail/  Office 365 with email hosting - https://products.office.com/en-us/business/office-365-business-email-and-shared-calendar-services  You are looking for Email hosting with custom domain. Other than these two big providers, I would look into a bundle that the web hosting provider is offering along with the web hosting"}
{"_id": "99430", "title": "", "text": "Take your problem-solving skills to the next level while learning to build. Game design courses allow students to create their own unique virtual worlds with blocks of material mined from the ground. Children interested in games, such as video or computer games, and how they work may enjoy attending some Game Design Programs. These Game design programs &amp; courses give children a great opportunity to learn the basics of game design and computer programming. Checkout us online: https://www.youtube.com/watch?v=YMqo2JM6mVE&amp;feature=youtu.be"}
{"_id": "99434", "title": "", "text": "\"I have an indirect answer for you. It is not a numeric answer but it is a procedure. The challenge with paying taxes for an employee besides their share of Social security and Medicare is that you have no idea what their state and Federal taxes are.  Are they married, single, head of household? Is this their entire families income, or is it  extra money to make ends meet? What about state taxes?  It looks like you will need a W-4 from them.  As you know the IRS Tax topic 756 has all the info you need. Federal Income Tax Withholding You are not required to withhold federal income tax from wages you pay   to a household employee. However, if your employee asks you to   withhold federal income tax and you agree, you will need a completed   Form W-4 (PDF), Employee's Withholding Allowance Certificate from your   employee. See Publication 15, (Circular E), Employer's Tax Guide,   which has tax withholding tables that are updated each year.  Form W-2, Wage and Tax Statement If you must withhold and pay Social Security and Medicare taxes, or if   you withhold federal income tax, you will need to complete Form W-2   (PDF), Wage and Tax Statement, for each employee. You will also need a   Form W-3 (PDF), Transmittal of Wage and Tax Statement. See \"\"What Forms   Must You File?\"\" in Publication 926 (PDF) for information on when and   where to furnish and file these forms. To complete Form W-2 you will   need an employer identification number (EIN) and your employees'   Social Security numbers. If you do not already have an EIN, you can   apply for one using the online EIN application available on IRS.gov.   This service is available Monday through Friday, 7 a.m. to 10 p.m.   Eastern time. You can also apply for an EIN by mailing or faxing a   completed Form SS-4 (PDF), Application for Employer Identification   Number. International applicants may apply by calling 267-941-1099   (not a toll-free number) Monday through Friday, 6 a.m. to 11 p.m.   Eastern time to obtain their EIN. Refer to Topics 752 and 755 for   further information. Don't forget Federal Unemployment Tax. Pub 15 will have tables so you can determine how much you should have been withholding if you had gone that route. It will be easiest to use a spreadsheet to do the calculations so that what you gave them in their checks is their net pay not their gross. The tables are constructed under the assumption you know their gross pay.\""}
{"_id": "99448", "title": "", "text": "\"Apparently box 39 does not receive half of box 38 if \"\"The price of the share or unit is less than its fair market value when the agreement was made.\"\" - the last point in paragraph 110(1)(d): *http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/bnfts/fnncl/scrty/stckpt03-eng.html#dspst The employee can claim a deduction under paragraph 110(1)(d) of the Income Tax Act if all of the following conditions are met:\""}
{"_id": "99449", "title": "", "text": "If you want to close the card, close it.  The impact on your credit score will be minimal, if any, and the impact on your life will likely be even less.  First, as you noted, the history from your card does not disappear when you close the card; it will stay on your credit report for as long as 10 years. By that time, you'll have many years of on-time payments from your other cards, and the loss of this one card won't be significant.  Because the card has a low credit limit, it won't have much effect on your credit utilization numbers, either.  Finally, your credit score might just be high enough that a small drop will have no impact on your financial life whatsoever.  In my opinion, hanging onto a credit card you don't want just to try to attain some type of high score is pointless. Close the card."}
{"_id": "99450", "title": "", "text": "$500 should not have a massive impact on your credit. Why not at the beginning of each month buy a $500 prepaid Visa instead of using your credit card? That way you set a hard limit, but you still have the option of using credit in an emergency."}
{"_id": "99463", "title": "", "text": "It's harder than you think.  Once card companies start seeing your debt to credit line ratios climb, they will slash your credit lines quickly. Also, cash credit lines are always much smaller, so in reality, such a scheme would require you to buy goods that can be converted to cash, which dilutes your gains and makes it more likely that you're going to get detected and busted. Think of the other problems. Where do you store your ill-gotten gains? How do you get the money out of the country? How will your actions affect your family and friends? Also, most people are basically good people -- the prospect of defrauding $100k, leaving family and friends behind and living some anonymous life in a third world country isn't an appealing one. If you are criminally inclined, building up a great credit history is not very practical -- most criminals are by nature reactive and want quick results."}
{"_id": "99465", "title": "", "text": "The title of your question basically asks: What can I do? And you state this regarding the meeting and \u201cadvice\u201d they gave towards criticism of their method: While this they also indoctrinated that you should avoid talking to   people talking bad about it (or say it is scam) because you gain no   money from them and they just want to destroy your business. First, you really cannot do anything to \u201csave\u201d your friend if they have bought this nonsense. You are right, it\u2019s a scam. But past stating as such to your friend, there is not much you can do past shielding yourself. The reality is this: Any scenario you are in where you cannot ask basic questions and get a reasonable response or are given\u2014at least\u2014the option to walk away unscathed or uninsulated is basically a cult-like mentality. Simple as that. If the first thing someone tells you is \u201cDon\u2019t listen to others, just listen to me\u2026\u201d then you need to excuse yourself to go to the bathroom or something and just leave. From my personal experience meeting people who are successful and have power, they always\u2014and I mean always\u2014ask questions and are critical of things they invest in\u2026 Whether that investment is time, money or just basic mental energy. Rich people are just like you and me! Except they have more money so they can take bigger risks. Critical thinking and the ability to walk away from something are key life skills. Now others have talked salesman psychology which is on point. But here is something else you brought up in your question: He also wants to use his position as respected member of multiple   local youth and other communities to get their members as referals or   in his words \u201c\u2026to give them the oppurtunity to also simply earn   money.\u201d Okay, so you can set personal boundaries between you and this clown, but you cannot stop him. But if he plans on targeting people and organizations in your community, you can warn them about him and his behavior and this scam. Chances are other people will know right away it\u2019s a scam, but honestly if you feel the need to help others, that\u2019s the most reasonable thing you can do to help them. But whatever you do, don\u2019t take any of this emotional crap personally. If anything, maybe you can learn some reverse salesman techniques to get this \u201cfriend\u201d to disengage. Such as only meeting with them in public and if they say something really vile to you, repeating what they said back to them as a question\u2026 Maybe even louder so everyone can hear. Remember a harsh reality of life: Public shaming can work to change someone\u2019s behavior but you never want to do something like that unless you have utterly no choice. That last bit of advice is pretty harsh, but the reality is at some point you need to do something to \u201csmack\u201d reality into the situation."}
{"_id": "99472", "title": "", "text": "\"Check your broker's IPO list. Adding a new stock to a stock exchange is called \"\"Initial Public Offering\"\" (IPO), and most brokers have a list of upcoming IPO's in which their clients can participate.\""}
{"_id": "99476", "title": "", "text": "We move pets to new homes in far away places. We have been in the pet moving business for over 26 years and can relocate all types of pet from one country to another. We are located near London's Heathrow Airport but through a network of worldwide agents so no matter where you are we can assist you with your pet moving requirement. Visit our site and get an online quote today!"}
{"_id": "99484", "title": "", "text": "\"Depositing above $10,000 in cash into a bank automatically triggers warnings in the banks computer system, and reports are submitted to appropriate authorities. Every bank has to do its, it's the law. If you \"\"structure\"\" your deposits where you put in several cash deposits below $10,000 that's a crime and bank computers are very sensitive to picking up on that. They're so sensitive to structuring that innocent people get flagged by it all the time. So I recommend only depositing $6k or less of that money into banks. What do you want to do with the money?  If you want to use it to buy stuff in person at stores then I recommend just using it at the counter instead of credit cards. If you want to buy things online with it then I recommend bitcoin. It's anonymous, the IRS won't know it's yours, and it's easy to buy what you need with bitcoin. You can easily exchange bitcoin for cash among your neighbors using apps like PaxFul, LocalBitcoins, and BitQuick. They'll give you bitcoin which you'd load onto an app called a \"\"wallet\"\", for example Mycelium or Blockchain.info. You can buy just about anything online with bitcoin these days: from computers at newegg, to hotels at expedia, to airplane tickets at cheapair.com, to anything on amazon at 20% off using purse.io, or you can invest it by offer people around the world loans at BTCJam.com and they pay you back with interest. You can hold on to bitcoin as it grows in value, or you can donate it to any of the thousands of charities around the world who accept it. You can even use it to support presidential campaigns (at this time, only Rand Paul's campaign and Joe Biden's SuperPAC accept bitcoin).\""}
{"_id": "99492", "title": "", "text": "I don't blame them. Half the people will end up buying the cheap fake eclipse glasses and end up blind driving the Rental cars. Don't be stupid with your eyes. They're the only  \ud83d\udc40 you've got. It will rain in the Southeast on eclipse day anyway."}
{"_id": "99493", "title": "", "text": "ZeroHedge is valuable because it provides an alternative perspective. I rarely, if ever, agree with their conclusions or make investments motivated by them; but they are sometimes insightful and bring up datapoints of interest.  Most financial journalism is written by non-finance people; that's why it's so shitty and useless."}
{"_id": "99521", "title": "", "text": "With an annual income of $120,000 you can be approved for a $2800 monthly payment on your mortgage. The trickier problem is that you will save quite a bit on that mortgage payment if you can avoid PMI, which means that you should be targeting a 20% down-payment on your next purchase. With a $500,000 budget for a new home, that means you should put $100,000 down. You only have $75,000 saved, so you can either wait until you save another $25,000, or you can refinance your current property for $95k+ $25k = $120k which would give you about a $575 monthly payment (at 30 years at 4%) on your current property. Your new property should be a little over $1,900 per month if you finance $400,000 of it. Those figures do not include property tax or home owners insurance escrow payments. Are you prepared to have about $2,500 in mortgage payments should your renters stop paying or you can't find renters?  Those numbers also do not include an emergency fund. You may want to wait even longer before making this move so that you can save enough to still have an emergency fund (worth 6 months of your new higher expenses including the higher mortgage payment on the new house.) I don't know enough about the rest of your expenses, but I think it's likely that if you're willing to borrow a little more refinancing your current place that you can probably make the numbers work to purchase a new home now. If I were you, I would not count on rental money when running the numbers to be sure it will work. I would probably also wait until I had saved $100,000 outright for the down-payment on the new place instead of refinancing the current place, but that's just a reflection of my more conservative approach to finances. You may have a larger appetite for risk, and that's fine, then rental income will probably help you pay down any money you borrow in the refinancing to make this all worth it."}
{"_id": "99525", "title": "", "text": "Lol TL:DR. your first point is completely wrong so I stopped at the wall of text. Get over it buddy, you lost the argument. No country simultaniously purchased and sold its own debt, like we have this past several years in the US. So, shut the fuck up already. loser."}
{"_id": "99528", "title": "", "text": "I misspoke, but really when you look at the exact same securities what other advantage does a fund have over a moderately wealthy investor than leverage and  managerial clout? That and professional analysts can only give you so much of an edge."}
{"_id": "99544", "title": "", "text": "Here are some ideas:"}
{"_id": "99546", "title": "", "text": "I was just talking about this with my father in law.  When the min wage was about $1.50 a hour, going camping at a state park for a night was just over $1 a night.   Now, where we live, it's often $20 a night just for a campsite in a state park.  Min wage is $7.25.    My family paid $400 for a Beta vcr in 1980.  Single income family, factory worker, blue collar job.  Could someone do that today, adjusting for inflation?  Absolutely not."}
{"_id": "99551", "title": "", "text": "Don't buy the first model year of a new model unless the fuel economy is much better in the latest model.  Buying a car in later years just before the changeover will result in a slightly higher quality vehicle or in some cases dramatically higher quality. Find the best forum for your make/model/year of car.  Join the forum, check the FAQ, sticky threads and post questions when you have trouble.  Do NOT rely passively on the dealer or even private mechanics as they do not drive the car every day.  You are in the best position to identify problems but only if you have some help.   Preventive maintenance is the best if you intend to keep the car for a really long time.  Forums are a really good place to find the typical problems of a particular model and potentially head them off."}
{"_id": "99566", "title": "", "text": "They know a growth market when they see one.   And the funny thing is, if they actually applied their skills to the marketing of healthful products - without adulterating them - it might actually work.   Chances of that happening: not large, but an interesting possibility for the inspired entrepreneur with ast food experience."}
{"_id": "99568", "title": "", "text": "\"The majority (about 80%) of mutual funds are underperforming their underlying indexes. This is  why ETFs have seen massive capital inflows compared to equity funds, which have seen significant withdrawals in the last years.  I would definitively recommend going with an ETF. In addition to pure index based ETFs that (almost) track broad market indexes like the S&P 500 there are quite a few more \"\"quant\"\" oriented ETFs that even outperformed the S&P. I am long the S&P trough iShares ETFs and have dividend paying ETFs and some quant ETFS on top (Invesco Powershares) in my portfolio.\""}
{"_id": "99619", "title": "", "text": "Slightly abbreviated version of the guidance from NOLO.com California state law limits credit check or application screening fees landlords  can charge prospective tenants and specifies what landlords must do when accepting these types of fees. (Cal. Civ. Code \u00a7\u202f1950.6.)  Here are key provisions: I am not a lawyer, but it would seem you have two options if you catch a landlord violating these rules. An idea to avoid the whole problem in the first place: Get a copy of your credit report yourself and take a copy with you to meet the landlord. If they want an application fee, ask why they need it making it clear you know the above law. If they say for a credit report offer to give them a copy in lieu of the fee."}
{"_id": "99632", "title": "", "text": "So would it be more sensible to park the money in 3 separate fixed deposits created each month or to invest this money as usual in debt and mutual funds and instead just liquidate the recurring deposit and use it to pay my taxes in July? Most taxes would already have been paid by March 31. So what you are talking here is less than Rs 10,000/- of taxes. The optimization you are looking at is very small and you are better of choosing one that is more convenient."}
{"_id": "99641", "title": "", "text": "\"In that case, he was not arrested for being unable to pay his bill. He received a summons to court, failed to appear, and so a warrant was issued for his arrest. The $350 was his bail amount, which is funds that must be provided to the court in order to be released while pending trial (you get this money back once you appear before court). He also wasn't convicted of a crime and sentenced to jail in this case, just arrested. He would be \"\"kept\"\" by the courts (if he couldn't post bail) until his court date as a way of being forced to appear. If a judgement was awarded against him, it still doesn't always mean he has to pay. If someone refuses to pay a judgement (but did show up to court) then typically their wages are garnished, which means the court orders that a certain amount of money be withheld from income, tax refunds, etc. until the judgement is paid. However, if the person ordered to pay can prove that they would not be able to have sufficient money to survive if they are garnished (I'm not a lawyer so I am unclear as to the exact process/standards) then there is a chance that nothing will be garnished at all.  So in short, no, there is no such thing as debtor's prison in the USA. There is definitely such a thing as being arrested / put in jail for defying court orders, and I'm sure if you took out loans while knowing you have no ability to repay them that you might be able to be charged with some sort of fraud, but just not being able to pay your bills doesn't mean you can go to jail. Of course, there is very little protecting you from simply running out of money and becoming homeless, but that's not your question.\""}
{"_id": "99658", "title": "", "text": "\"I think the answer to how much you \"\"should\"\" spend depends on a few more questions: Once you answer these questions I think you'll have a better idea of what you should spend. If you have no financial goals then what kind of car you buy doesn't really matter. But if your goals are to build and accumulate wealth both in the short and long term then you should know that, by the numbers, a car is terrible financial investment. A new car loses thousands of dollars in value the moment you drive it off the lot. Buy the cheapest, reliable commuter you can ($5k or less) and use the extra money to pay off your debts. Then once your debts are paid off start investing that money. If you continue this frugal mindset with your other purchases (what house to buy, what food to eat, what indulgences to indulge in, etc...) and invest a bit, I think you'll find it pretty easy to create a giant amount of wealth.\""}
{"_id": "99659", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bbc.co.uk/news/business-40934138) reduced by 61%. (I'm a bot) ***** &gt; The average price of a home in the UK went up by nearly &amp;pound;2,000 to &amp;pound;223,000 in June, according to official figures.  &gt; The Office for National Statistics figures show the wide variation in price movements across the UK. In the month of June, the average price of London home fell &amp;pound;3,000 to &amp;pound;482,000, while a house in the North East of England gained &amp;pound;2,000 to &amp;pound;130,000.  &gt; The biggest change was in Orkney where the average price is 28% higher than a year ago at &amp;pound;148,000.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6txyxk/house_price_growth_holding_steady/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191667 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **price**^#1 **average**^#2 **while**^#3 **June**^#4 **London**^#5\""}
{"_id": "99679", "title": "", "text": "Healthcare for the employee is more valuable to the employer than is providing healthcare for the rest of the family members.  Depending on the family situation, you're going to see significant differences in price between out of pocket costs for insurance of just the employee, vs cost for insuring the entire family.  This is because in the first instance the insurance is more subsidized by the company (as a percentage of the total cost).   The costs to the company for insuring just the individual (mid-career) are in the neighborhood of $5000 per year.  If this is all that's being negotiated (single person coverage) then I would use that amount as a baseline."}
{"_id": "99705", "title": "", "text": "To be fair, it could go completely tits up, so don't buy more than you can afford to lose.  That being said, I'm a huge crypto evangelist, but I tend to stick to Bitcoin and Bitcoin Cash. Ethereum is trying to solve a problem that isn't there by adding the programming language to the base code. I think Bitcoin has a better approach by leaving the base code simple and adding layers like TCP/IP did. But Ethereum is the #2 crypto in the world right now so maybe I'm wrong."}
{"_id": "99708", "title": "", "text": "This link does it ok:  http://investexcel.net/1979/calculate-historical-volatility-excel/ Basically, you calculate percentage return by doing stock price now / stock price before.  You're not calculating the rate of return hence no subtraction of 100%.  The standard is to do this on a daily basis: stock price today / stock price yesterday. The most important and most misunderstood part is that you now have to analyze the data geometrically not arithmetically.  To easily do this, convert all percentage returns with the natural log, ln(). Next, you take the standard deviation of all of those results, and apply exp().  This answers the title of your question. For convenience's sake, it's best to annualize since volatility (implied or statistical) is now almost always quoted annualized.  There are ~240 trading days each year.  You multiply your stdev() result by (240 / # of trading days per return) ^ 0.5, so if you're doing this for daily returns, multiply the stdev() result by 240^0.5; if you were doing it weekly, you'd want to multiply by (240 / ~5)^0.5; etc.  This is your number for sigma.  This answers the intent of your question. For black-scholes, you do not convert anything back with exp(); BS is already set up for geometric analysis, so you need to stay there. The reason why analysis is done geometrically is because the distribution of stock returns is assumed to be lognormal (even though it's really more like logLaplace)."}
{"_id": "99716", "title": "", "text": "The only ways to increase your after-tax income are to increase your tax-deferred savings (401k), increase your tax deductions, or increase your pre-tax income. Increasing tax-deferred savings is great for the long term, but will usually not result in a bigger paycheck (though net pay including the savings will go up). This is, however, probably your best bet for reducing current tax liability. Increasing deductions usually involves spending money--on charity, mortgage interest, other taxes, etc. So, while you may reduce your tax liability, you probably won't end up with more money in your pocket. Also, if you are single and aren't paying a mortgage, it probably won't be easy to exceed the Standard Deduction. Which pretty much leaves you with asking for a raise, getting a better paying job, or taking on a second job to increase your top-line income."}
{"_id": "99727", "title": "", "text": "\"It really depends on the exact wording of that zero rate offer.  Some specifically state they are to be used for paying other debt. Others will have wording such as \"\"pay other debt or write yourself a check to pay for that next vacation, or new furniture.\"\"  Sorry, it's back on you to check this out in advance.\""}
{"_id": "99730", "title": "", "text": "In the United States you can't, because the average millennial in the United States has no opportunity to save money. Either you get a college education, then you will be burdened with a student loan. The cost of college education skyrocketed in the past decades. It is now practically impossible to enter the workforce without a huge debt, unless you are one of the lucky few who has rich and generous parents. Or you skip college. But college is the only way in the United States to obtain a generally accepted qualification, so you won't get any job which pays enough to save any money. As soon as that student loan is paid off, you need to get another loan for you house which you pay off for several decades. As soon as the house debt is paid off, you will be old and develop some medical problems. The medical bills will come in and you will be in debt again. So when in their life are millennials supposed to save money?"}
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{"_id": "99738", "title": "", "text": "\"Not so much the money.  The *productivity* has been spread around.  Productivity used to be the sole province of the \"\"first world\"\" nations.  Then things like CAD/CAM made is possible to produce almost anything anywhere.  250 million middle class Chinese people didn't just happen because a trillion dollars were airlifted into Beijing.  It happened because whole industries collapsed in the first world and moved to China.  On aggregate people are better off, on aggregate.  But if you're in, say, textiles in the US then it looks like a really shitty deal.  So \"\"money\"\" didn't go away.  Commerce didn't evaporate.  Production (and resulting productivity) moved and spread out with some areas getting hurt and others gaining.\""}
{"_id": "99745", "title": "", "text": "&gt; I don't think you are trying to understand my position  I'm trying to find out if we can agree on truth claims. We (probably) have numerous disagreements. Can we agree that some of the people who do not like the current job market have the option of trying to start a new business?"}
{"_id": "99751", "title": "", "text": "\"Accounts track value: at any given time, a given account will have a given value. The type of account indicates what the value represents. Roughly: On a balance sheet (a listing of accounts and their values at a given point in time), there is typically only one equity account, representing net worth, I don't know much about GNUCash, though. Income and expenses accounts do not go on the balance sheet, but to find out more, either someone else or the GNUCash manual will have to describe how they work in detail. Equity is more similar to a liability than to assets. The equation Assets = Equity + Liabilities should always hold; you can think of assets as being \"\"what my stuff is worth\"\" and equity and liabilities together as being \"\"who owns it.\"\" The part other people own is liability, and the part you own is equity. See balance sheet, accounting equation, and double-entry bookkeeping for more information. (A corporate balance sheet might actually have more than one equity entry. The purpose of the breakdown is to show how much of their net worth came from investors and how much was earned. That's only relevant if you're trying to assess how a company has performed to date; it's not important for a family's finances.)\""}
{"_id": "99754", "title": "", "text": "Alexa doesn't work worth beans outside of the U.S. They've purposefully geo-limited the thing, and it's not all that smart to begin with. Are we sure this piece from the Verge wasn't sponsored by Amazon? It reads like an ad.  Edit: a word"}
{"_id": "99757", "title": "", "text": "I don't have all the answers. On a illiquid stock, such situations do arise and there are specific mechanisms used by exchanges to match the order. It is generally not advisable to use market order on illiquid stock. There are lots of different variations here. I guess this comes down to specifications for individual exchanges, but I'm wondering if there's a standard here or a way to approach it from basic rules that clears up all these situations. There are quite a few variations and different treatments. Market order that are placed when the market is closed or just around market opening are traded at Market Open price that each exchange has a formulae to calculate. In the process Market Buy are matched to Market Sell at the Exchange calculated price. Not all order get matched and there could be spill over's. These are then matched to limit orders. Is this determined based on which sell order came first, or based on which would result in the best deal for the incoming buyer? Generally Market orders have highest priority of execution."}
{"_id": "99771", "title": "", "text": "\"Seems pretty shady. From what I could guess, your dad \"\"hid\"\" or \"\"lost\"\" the money, so as to not pay capital gains on it. Even though he'd use the money to build houses or whatever, he'd have to pay taxes on it (as income). To get out of paying said taxes, the money would essentially have to disappear. This isn't super common, but it sort of is possible to move funds to other places around the world, or to keep cash that no one knows about (watch the Swiss bank part of Wolf of Wall Street or just read up about illegal money laundering, like gangs and such do). So possibly, your dad could launder the money over the next several years. If I were you, I'd just stay quiet and mind my own business.\""}
{"_id": "99781", "title": "", "text": "Stock exchanges have been undergoing a period of consolidation for the past hundred years for the exact reasons you mentioned. The existence of digital trading, harmonized laws and regulations, and fewer relevant currencies have made it more practical for mergers and acquisitions between exchanges. Stock exchanges are most often times private companies that compete with other exchanges, so that also promotes the existence of many exchanges."}
{"_id": "99793", "title": "", "text": "\"&gt; I'm not sure there will ever be some moment in my life where a person walks up and asks me to install a cybernetic arm and I have to debate the merits. They will develop alongside the culture like most innovations.  There'll be a moment when you see an advertisement for a cybernetic arm and you think \"\"nah, too flimsy, too expensive, too many problems.\"\"  Then there'll be a moment, years later, when you talk to a co-worker who got one and you think \"\"too expensive, not enough features.\"\"  Then there'll be this bit, years later, where your friend shows his new arm off to you and you think \"\"hmm, if only it had X and Y.\"\"  And then, years later, there'll be a point where you go and get a cybernetic arm.\""}
{"_id": "99797", "title": "", "text": "\"I think the important fact here is that all of our currencies are Fiat Currencies. So currency technically means nothing, because (as you mentioned) the country could print more any time it wants. Now what makes it useful is the combination of two big things: So I would say, we know they owe us 100 \"\"dollars\"\", and the dollar is just a word we use to represent value. It is not technically worth anything, beyond the fact that the government controls the amount of that currency in circulation and you trust that people still want more of that currency.\""}
{"_id": "99799", "title": "", "text": "\"As I said, I try to eat local. Instead of going to applebees I'll hit the diner or hole in the wall burrito joint. Twice the food for half the price, and it's orders of magnitude better, both in terms of freshness and flavor. It also supports friends/neighbors/local economy. There are a number of local establishments that get my business over big box / national chains.  I don't think the \"\"applebees\"\" food type is below millenials experience-wise, I actually think it's not up to their standards from health expecations, tbh - maybe I'm missing what you're saying though. Millenials in general have been raised to have higher food standards and expectations (the entitlement gen?) where quality and health matter. At least, that's how it is in my neck of the woods.  A CiCi's pizza opened up a few years ago, and we visited often. Pizza was eh, but all you can eat for 6 bucks? Sure, why not. A Saladworks opened next door around the same time. Guess which one is still there... hint - it's not the pizza, despite it being more product for a lower price than literally anything at the salad place.\""}
{"_id": "99803", "title": "", "text": "Why does it take two weeks (from ex-date) for dividends to pay out? For logistical and accounting purposes. This article says on the payment date: This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled. It is for the same reasons that there is a often a two-week period between the time an employee submits her time sheet and the employee's pay date. The company needs time to set and send the payment while minimizing accounting errors."}
{"_id": "99810", "title": "", "text": "Close the account.  The age doesn't outweigh the fact that you have to pay for the card.  It would be one thing if the credit line was a couple thousand but showing the credit bureaus that you are staying away from the $425.00 doesn't really make them think you are any more trustworthy with your available credit.  Utilization matters when you are staying away from much larger chunks of your available credit (across all cards)."}
{"_id": "99819", "title": "", "text": "\"So you are ok with \"\"say one thing and actually do another\"\"?   Right up there with Trump: \"\"Jobs, Trade and Immigration\"\"...there needs to be reforms and action on all of these issues; but he isn't the person to do it.\""}
{"_id": "99826", "title": "", "text": "&gt; It assumes there is a limit on the potential to create wealth.  There is a limit.  [The recent CBO evaluation of President Trump's budget](https://www.cbo.gov/publication/52846) drives that point home.  &gt; It also assumes that we equally share in all things regardless of efforts towards the goal.  No, that is just your [straw man argument](https://en.wikipedia.org/wiki/Straw_man)."}
{"_id": "99844", "title": "", "text": "Bankrupting them isn't going to help anyone. They should be kept alive and forced to provide everyone with free lifetime credit monitoring.  I actually just enrolled in their trustedid this morning for my one year trial and it SHOULD be a lifetime service I get for free.  Frozen credit files should become the norm and you should be notified via text if someone wants to access your file at which point you can text back YES or NO (much like current fraud alerts).  There is actually a lot that can and should be done. I'm worried that nothing is actually going to change because the government is moving very slowly here and people quickly forget about this stuff."}
{"_id": "99853", "title": "", "text": "I have friends that have to buy very large shirts. A plain red pocketed shirt in their size costs at least $20 at a physical store if they even carry their size.  You just can't beat the options and price an online retailer can offer."}
{"_id": "99857", "title": "", "text": "\"Assuming you are referring to macro corrections and crashes (as opposed to technical crashes like the \"\"flash crash\"\") -- It is certainly possible to sell stocks during a market drop -- by definition, the market is dropping not only because there are a larger number of sellers, but more importantly because there are a large number of transactions that are driving prices down. In fact, volumes are strongly correlated with volatility, so volumes are actually higher when the market is going down dramatically -- you can verify this on Yahoo or Google Finance (pick a liquid stock like SPY and look at 2008 vs recent years). That doesn't say anything about the kind of selling that occurs though. With respect to your question \"\"Whats the best strategy for selling stocks during a drop?\"\", it really depends on your objective. You can generally always sell at some price. That price will be worse during market crashes. Beyond the obvious fact that prices are declining, spreads in the market will be wider due to heightened volatility. Many people are forced to sell during crashes due to external and / or psychological pressures -- and sometimes selling is the right thing to do -- but the best strategy for long-term investors is often to just hold on.\""}
{"_id": "99862", "title": "", "text": "I'm pretty sure using it wastes a lot of man-hours in the economy.  Handling money isn't cheap.  Handling pennies is asinine.  We should probably get rid of nickels and quarters too just to do away with the last decimal place, just dimes and a (smaller than current) half-dollar."}
{"_id": "99865", "title": "", "text": "\"New car loans, used car loans, and refinances have different rates because they have different risks associated with them, different levels of ability to recoup losses if there is a default, and different customer profiles.  (I'm assuming third party lender for all of these questions, not financing the dealer arranges, as that has other considerations built into it.) A new car loan is both safer to some extent (as the car is a \"\"known\"\" risk, having no risk of damage/etc. prior to purchase), but also harder to recoup losses (because new cars immediately devalue significantly, while used cars keep more of their value).  Thus the APRs are a little different; in general for the same amount a new car will be a bit lower APR, but of course used car loans are typically lower amounts. Refinance is also different; customer profile wise, the customer who is refinancing in these times is likely someone who is a higher risk (as why are they asking for a loan when they're mostly paid off their car?).  Otherwise it's fairly similar to a used car, though probably a bit newer than the average used car.\""}
{"_id": "99873", "title": "", "text": "Typically the least formal agreement for any type of lending is a Promisory Note (of which you can find plenty across the web, although I'd suggest picking up a Nolo book from the library and using their templates -- I think the book holding your type of form would be the Personal Legal forms Book). Still, $10k is a very large amount of money to lend to a friend and he probably is better off going to a bank and asking for an unsecured line of credit (not a credit card, but rather a general loan) and doing the money that way because typically that amount of money is small to the bank and they will already have the licenses/assets in place to handle collateral and such (which can be very tricky to do on your own)."}
{"_id": "99877", "title": "", "text": "BMK Imports &amp; Domestic is one of the most reliable and preferred places for all kind of auto, auto body and collision repair in Chicago IL. We are in the business since 2010, but most of us have many years of professional experience in this industry! Our staff is licensed, well trained and skilled, ready to face even the most biggest auto problems. We use the latest technology available on the market, top quality professional tools and products. This combined with the skills of our staff, can repair your car in no time and bring back the original state of it. We can handle with almost all models of cars, trucks and motors. If you have more questions about our services or anything else, you can contact us at:  Phone: (773) 327-6652 or visit our auto repair shop at address: 946 W Wrightwood Ave, Chicago IL 60614"}
{"_id": "99894", "title": "", "text": "True Financial is your lender of choice for online auto title loans in California. Car Title Loans can be arrange with minimal fuss, low hassle and low documentation. There are number of easy ways for you to finance through us and lead the way in making fast, cost effective title loans to help you. Best of all you get to keep your car to enjoy as you usually do."}
{"_id": "99896", "title": "", "text": "STEP #1. Get a copy of whatever you have signed, this is the most important step. STEP #2. Find a reference to the landlord/tenant laws for you city, county and or state if there are any. STEP #3. Google for a tenants union in your city, state or county. ie, Washington State Tenants Union STEP #4. Try get a free consultation, or an affordable consultation with a lawyer in your area who specializes in tenant law. STEP #5. Between the tenant laws for you, and the limits of what you have signed try to negotiate a cancellation of the contract, if you are bound by it."}
{"_id": "99901", "title": "", "text": "\"&gt; My uncle ran a horrible pizza shop downtown. The trick was the heroin business on the side.  I have often wondered about stuff like that.  Especially when I see strip malls out in the middle of suburban/rural areas with stores like \"\"Candles, etc\"\" or \"\"GitUrWallpaperHere\"\" -- I mean I can understand that in some large metropolitan shopping mall they *might* generate enough walk-in traffic to support a specialty candle or wallpaper store...   But in a rural town with a total population of maybe 5,000 people (and possibly 10,000 if you include every home in the townships around it) well I just can't see the numbers working out... especially since you never see anyone else IN the store, and the clerk always seems so totally uninterested in even trying to sell anything that it's kind of creepy.  On the other hand if you posit it as a \"\"cash\"\" based retail money laundering front, for some drug business... well then it suddenly makes sense.  EDIT: and with a pizza shop... well, they can even have a delivery service... right out in the open.\""}
{"_id": "99921", "title": "", "text": "\"What ever you convert from the 401(k) will be subject to tax.  The bigger issue is that there's no \"\"do over\"\" no ability to recharacterize the conversion if when you do your taxes, you realize you need to undo some. I'd suggest transferring from the 401(k) to the traditional IRA first and then convert, just bring aware of the prorata taxation that will be due.\""}
{"_id": "99939", "title": "", "text": "FYI: GM has an earnings announcement on April 24th. I think you were trying to create a safe trade by profiting if GM's price fell within a  probable range.  The chart of the Iron Condor captures just about a standard deviation of movement.  So as long as GM is between 31.28 - 37.22 in 34 days you keep the max profit of $110.  Note this trade is a net credit, when placing it you get $110 less fees.  Also by selling the deep in the money call I take it you were trying to make the most of your capital. The chart below shows a standard covered call compared to short put vertical.  Note the short put vertical simulates the covered call position and it is a net credit trade as well.  When you drop the order you get $111 less fees."}
{"_id": "99943", "title": "", "text": "I'd look into ShareBuilder.  You can buy stocks for as low as $2 each, and there is no minimum funding level. You have to be carefull about selling though, as they will charge you $10 each time you want to sell a stock, regardless of how much of it you want to sell."}
{"_id": "99947", "title": "", "text": "I have been asking myself a similar question about the financial statements of Weyerhaeuser. In response to Dheer's comment, whilst treasury shares are treated as a negative, it is issued shares less treasury shares (the negative) which gives the outstanding shares. So the original query remains unanswered. I've searched several sources and all state that outstanding shares will never be greater than issued shares.  I've realized that the shares referred to are those authorized followed by those issued and outstanding (current year and prior year respectively) i.e. the shares that are both issued and outstanding as they must be issued in order to be outstanding This is supported in the example of Weyerhaeuser as there was a large increase in shares during Q1 2016 as a result of their merger with Plum Creek. Shares issued and outstanding are 510 million and 759 million respectively."}
{"_id": "99973", "title": "", "text": "First, radon is common in some areas of New Jersey.  Before you back out of this house, you should consider if you can find a different place to live that does not have a radon issue.   You should be able to find someone who does radon testing specifically.  Such a company should be able to check that neither the gas nor the particulates (on walls, etc.) are present in the house after the mitigation.  Apparently checking the water is possible as well.  If such a test fails and the seller does not do more mitigation, that would be grounds for withdrawing from the contract.   Since radon is common in New Jersey, it is likely that the contingencies are written such that the seller offering to mitigate is enough to keep you in the contract.  You would have to ask a lawyer to be sure.   In general, contingencies are based on the offer you made, which is a contract.  If you wanted radon to be a deal breaker, then you should have written the offer that way.  Left to themselves, real estate agents will offer mitigation instead.  This is because they get paid a commission on the sale.  No sale; no commission.  Obviously too late for this house, but in the future, you may want to be more careful about this.   Radon mitigation is common and costs in the $1000-$3000 range.  One estimate in that link suggests that $1300 is the minimum with required fees, etc.   If your offer is not written to allow you to walk away if there is a radon issue, you will probably lose your deposit if you walk away.  You can also try to be extra picky about your contingencies.  In particular, they have to show you that they have mitigated the radon problem.  If you can find something that indicates that they have not, then you can get more mitigation.  If they either fail to respond or choose not to respond, that could allow you to withdraw from the deal without losing your deposit.   There usually aren't additional problems beyond losing your deposit from walking away.  But again, this depends on the offer contract.  This is really something that a lawyer should read."}
{"_id": "99978", "title": "", "text": "&gt; (Wouldn't renewable investment be) A positive even if climate change is not REAL?!?!  No, have a look at [the broken window fallacy](https://en.wikipedia.org/wiki/Parable_of_the_broken_window).  Regardless, there is no reason to stoop to this level.  Global warming exists and the evidence is unequivocal.  Anyone who disagrees are profiting from maintaining the status quo or are victims of the propaganda from the former."}
{"_id": "99986", "title": "", "text": "&gt; Texas didn't create jobs, it moved jobs. Corporations moved workers to Texas due to the lure of poverty wages for   Texas created many jobs, and one way of job creation is to make it pleasant for business and entrepreneurs to flourish. They don't flourish with high taxes and crippling regulations which protect big corporations over small businesses. They will flee those places and move to states or countries that are easier to do business, survive and prosper. **A very basic economic principle at work: Talent and capital always will flow toward higher returns.**  &gt; Cutting taxes doesn't raise revenue.  It does raise revenue over the longer run as people become more prosperous and businesses grow faster. The US is $17+ trillion in national debt. The shadow debt is much bigger.  Taxes are wasted and Americans are indebted by the welfare state. In 2012 an alarming 22 million households received food-stamps."}
{"_id": "99987", "title": "", "text": "\"The suggestions towards retirement and emergency savings outlined by the other posters are absolute must-dos.  The donations towards charitable causes are also extremely valuable considerations. If you are concerned about your savings, consider making some goals.  If you plan on staying in an area long term (at least five years), consider beginning to save for a down payment to own a home.  A rent-versus-buy calculator can help you figure out how long you'd need to stay in an area to make owning a home cost effective, but five years is usually a minimum to cover closing costs and such compared to rending. Other goals that might be worthwhile are a fully funded new car fund for when you need new wheels, the ability to take a longer or nicer vacation, a future wedding if you'd like to get married some day, and so on.  Think of your savings not as a slush fund of money sitting around doing nothing, but as the seed of something worthwhile. Yes, you will only be young once.  However being young does not mean you have to be Carrie from Sex in the City buying extremely expensive designer shoes or live like a rapper on Cribs.  Dave Ramsey is attributed as saying something like, \"\"Live like no one else so that you can live like no one else.\"\"  Many people in their 30s and 40s are struggling under mortgages, perhaps long-left-over student loan debt, credit card debt, auto loans, and not enough retirement savings because they had \"\"fun\"\" while they were young.  Do you have any remaining debt?  Pay it off early instead of saving so much. Perhaps you'll find that you prefer to hit that age with a fully paid off home and car, savings for your future goals (kids' college tuitions, early retirement, etc.).  Maybe you want to be able to afford some land or a place in a very high cost of living city. In other words - now is the time to set your dreams and allocate your spare cash towards them.  Life's only going to get more expensive if you choose to have a family, so save what you can as early as possible.\""}
{"_id": "100009", "title": "", "text": "\"You don't \"\"deduct\"\" transaction fees, but they are included in your cost basis and proceeds, which will affect the amount of gain/loss you report. So in your example, the cost basis for each of the two lots is $15 (10$ share price plus $5 broker fee).  Your proceeds for each lot are $27.50 (($30*2 - $5 )/2).  Your gain on each lot is therefore $12.50, and you will report $12.50 in STCG and $12.50 in LTCG in the year you sold the stock (year 3).   As to the other fees, in general yes they are deductible, but there are limits and exceptions, so you would need to consult a tax professional to get a correct answer in your specific situation.\""}
{"_id": "100010", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.aljazeera.com/news/2017/10/israel-engages-water-apartheid-171013110734930.html) reduced by 91%. (I'm a bot) ***** &gt; &amp;quot;In reality, Israel doesn&amp;#039;t want us to live here any more We just want the Israelis to let us extract our own water.\"\"  &gt; Mekorot, Israel&amp;#039;s national water company, dug deep into the mountain aquifer, and by the end of the 1970s, Israel had extracted so much water that the springs in Bardala and Ein al-Beida had dried up.  &gt; &amp;quot;The level of unrestricted access to water enjoyed by those residing in Israel and Israeli settlers demonstrates that resources are plentiful, and that the lack of sufficient water for Palestinians is a direct result of Israel&amp;#039;s discriminatory policies in water management.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77x7fl/how_israel_engages_in_water_apartheid/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232762 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Water**^#1 **Israeli**^#2 **Palestinian**^#3 **farms**^#4 **Israel**^#5\""}
{"_id": "100021", "title": "", "text": "\"The difference between an American and European option is that the American option can be exercised at any time, whereas the European option can be liquidated only on the settlement date. The American option is  \"\"continuous time\"\" instrument, while the European option is a \"\"point in time\"\" instrument. Black Scholes applies to the latter, European, option. Under \"\"certain\"\" (but by no means all) circumstances, the two are close enough to be regarded as substitutes. One of their disciples, Robert Merton, \"\"tweaked\"\" it to describe American options. There are debates about this, and other tweaks, years later.\""}
{"_id": "100039", "title": "", "text": "I Usually would not say this but if you can just put down 20% I would do that and get a 15 year mortgage.  The rates are so low on 15 year mortgage that you should be able to make more than the 3% in the market per year and make some money.  I wouldn't be surprised if for 1/2 of the term of your loan you will be able to make that just in interest.  Basically I have done this for my house and my rental properties.  So I have put my money where my mouth is on this.   I have made over 9% each of the last three years which has made me $12,000 dollars above and beyond over what I would have paid in interest per year.  So it a decision that net me $36,000 for doing nothing.  Now the market is going to be down some of those years so lets see how it works out but I have history on my side.  Its not about timing the market its about time in the market.  And 15 years in the market is a pretty safe bet albeit not as safe as just dumping you money in the mortgage."}
{"_id": "100040", "title": "", "text": "Department store cards will appear on your credit report and is often much easier to get approved for. All my friends that have applied for a Macy's card have always been approved. If you are new to the country, department store cards are a great way to build history. Target and Nordstroms are two other department stores to look at. Target is my first suggestion since they carry every day items and will be easy to consistently put charges on the card to build credit history."}
{"_id": "100042", "title": "", "text": "Well yeah, that's why they put the disclaimer on the article, so people could know and judge accordingly. That's evidence of good journalism, not bad.  That conflict also doesn't negate Wapo's good track record, and the fact that that track record is one of its best selling points. I don't think Amazon would sacrifice that cheaply; definitely not as a cheapshot on some objectively bad pitch videos."}
{"_id": "100045", "title": "", "text": "There are PABs (Private Activity Bonds) for the smaller market issues, but you basically need a local government to act as the conduit issuer. There are a whole host of other requirements but it is a way to potentially get tax-exempt rates or get access to the taxables market."}
{"_id": "100051", "title": "", "text": "Their aggressive takeover tactics? However, to be honest I don't know what the others are like. I'm fortunate enough to have drinking water from the tap. Which I bottle myself. I'll sell you a bottle 20% cheaper then nestle if you'd like"}
{"_id": "100057", "title": "", "text": "You can easily build a Google Sheet spreadsheet to track what you want as Sheet has a 'googlefinance()' function to look-up the same prices and data you can enter and track in a Google Finance portfolio, except you can use it in ways you want. For example, you can track your purchase price at a fixed exchange rate, track the current market value as the product of the stock's price times the floating exchange rate, and then record your realized profit and loss using another fixed exchange rate.  You don't have to record the rates either, as googlefinance() func is able to lookup prices as of a particular date. You can access Google Sheet through a web browser or Android app."}
{"_id": "100087", "title": "", "text": "CreditKarma review I don't personally use HelloWallet, but I have also heard very good things about it. Independence from financial products is a HUGE thing in the field because so many investment advisers place the firm before the customer (c.f. Too Big To Fail), so having an independent resource is a huge benefit."}
{"_id": "100089", "title": "", "text": "I have been looking into CMEs trading tool. I might just play around with futures on it. You make a good point on that though. I am reading Hull's book on options, futures and derivatives, and so far so good. Only thing I would want to test is options on futures, which is missing :( ."}
{"_id": "100091", "title": "", "text": "\"&gt; Sessions has literally said, \"\"I thought those KKK guys were fine until I found out they smoked pot.\"\"  He may well be a racist, but it's hard to imagine taking that comment seriously.  *Barry Kowalski and Albert Glenn, attorneys at the Justice Department, testified that they heard Sessions make the KKK comment but had considered it a joke. Kowalski even retold Sessions\u2019s comment to other people \u201cas a story in a humorous vein.\u201d He said: \u201cWhen working on a case such as this one, a brutal murder and a hanging, those that work on it sometimes do resort to operating room humor and that is what I considered it to be at the time.\u201d*  *Later in the hearings, Sessions said Figures\u2019s assertion that Sessions seriously made the comment is \u201cludicrous.\u201d \u201cI had just learned that the investigation had revealed that the Klansmen had left some meeting, and gone to another one, and smoked pot. The comment ridiculed the Klan. I detest the Klan.\u201d*  There do seem to be a considerable number of claims that he has said or acted in racist ways though (though he denies it): https://www.washingtonpost.com/news/fact-checker/wp/2016/12/02/jeff-sessionss-comments-on-race-for-the-record/ (previous quote from that source also)\""}
{"_id": "100099", "title": "", "text": "\"Winnings are taxed in the year you receive payment.  Period.  Constructive requires an unqualified right to receive immediate payment.  One qualification is that lottery tickets must be verified.  Large winners usually have to wait a day or two, which voids the \"\"immediate payment\"\" clause.  Here's an extreme example:  If you don't cash the ticket until July after you've already filed your income taxes, is the state going to issue a retroactive W2G?  That's kinda hard when the IRS requires that tax reporting be received by January 31st.  Which year do you get to deduct the state income taxes paid/withheld? Benton\""}
{"_id": "100103", "title": "", "text": "Firstly, going short on a stock and worrying if the price suddenly gaps up a lot due to good news is the same as being long on a stock and worrying that the price will suddenly collapse due to bad news. Secondly, an out of the money call option would be cheaper than an in the money call option, in fact the further out of the money the cheaper the premium will be, all other things being equal. So a good risk management strategy would be to set your stop orders as per your trading plan and if you wish to have added protection in case of a large gap is to buy a far out of the money call option. The premium should not be too expensive. Something you should also consider is the time until expiry for the option, if your time frame for trading is days to weeks you make consider a cheaper option that expires in about a month, but if you are planning on holding the position for more than a month you might need a longer expiry period on the option, which will increase the premium. Another option to consider, if your broker offers it, is to use a guaranteed stop loss order. You will pay a little premium for this type of order and not all brokers offer it, but if it is offered you will be protected against any price gaps past your guaranteed stop loss price."}
{"_id": "100104", "title": "", "text": "This seems like kind of an odd analysis. The exact same comment can be made every year at this time in regards to iPhones (people are waiting for the next version to come out). Yet every year Apple sells a ton of these things. Don't expect anything different this time around.  As to Qualcomm (also cited in the article) I expect they will be selling plenty of chips this quarter as Apple gets ready to roll out their iPhone 5 this fall."}
{"_id": "100121", "title": "", "text": "I would like to add to the answer provided by Dheer. I think under some ULIPs you need not pay premium after 3 years and you can take the money back after 5 years (something like that, read your policy statement of course). Since the money is invested in Stock markets and since generally people say the longer money stays in stocks, the better; you can keep the money with them without taking it back and without paying any further premium. That way, whatever you paid will be invested and you can get it back later when you feel you will make a profit."}
{"_id": "100124", "title": "", "text": "What does not seem reasonable about your plan is the payment and buyout.  While $200/month payments are possible (but hard to find), buyouts are more typically in the five figure range. Given that your savings and desired payment for a car is low (the average car payment today is about 450/month), can you really afford the massive depreciation of a late model vehicle? Why not purchase a 2000 car now, and save the 200-300 per month?  In about a year you could move up to a ~5000 car.  You can buy a pretty nice car for 5K.   Myself, I am on my third year of driving a 4000 car."}
{"_id": "100128", "title": "", "text": "Here's an excerpt from the Charles Schwab website which I think will help evaluate your position: The simple answer to your question is no, the value of a gift of stock   for gift tax liability is NOT the donor's cost basis, but rather the   fair market value of the stock at the time the gift is given. So let's   say you purchased 100 shares of XYZ stock at $50 a share. Your cost   basis is $5,000. Now the stock is $80 a share and you give it as a   gift. The value of your gift for gift tax purposes is $8,000. In 2015, you can give up to $14,000 to an unlimited number of   individuals each year without paying a gift tax or even reporting the   gifts. If you give over that amount to any individual, however, you   must report the gift on your tax return, but you don't have to pay   taxes until you give away more than the current lifetime limit of   $5,430,000\u2014for the amount above and beyond $14,000 per person per   year. So in the example above, there would be no gift tax liability.   However, if the stock happened to be $150 a share, the value of the   gift would be $15,000. You'd then have to report it and $1,000 would   be applied toward your $5,430,000 lifetime exclusion. You will need to pay a gift tax on the current value of the stock. I'm not familiar with the tax laws in India, but if your brother was in the US, he wouldn't pay taxes on that gift until he sells the stock. The recipient doesn\u2019t have to worry about gift taxes. It's when the   recipient decides to sell the stock that the issue of valuation comes   up\u2014for income taxes. And this is where things can get a bit more   complicated. In general, when valuing a gift of stock for capital gains tax   liability, it's the donor's cost basis and holding period that rules.   As an example, let's say you receive a gift of stock from your   grandfather. He bought it for $10 a share and it's worth $15 a share   on the day you receive it. If you then sell the stock, whether for a   gain or a loss, your cost basis will be the same as your   grandfather\u2019s: $10 per share. Sell it at $25 and you'll pay tax (at   the short- or long-term rate, depending on how long he owned the   stock) on a gain of $15 a share; sell it at $8 and your capital loss   will be $2 a share. Ultimately, with a gift this large that also crosses international borders, you really should hire a professional who is experienced with these types of transactions. Their fees/commission will be completely offset by the savings in risk and paperwork.  http://www.schwab.com/public/schwab/nn/articles/How-Do-You-Value-a-Gift-of-Stock-It-Depends-on-Whether-You-re-the-Giver-or-the-Receiver"}
{"_id": "100132", "title": "", "text": "They had the loans insured.  The only way they could lose is if US gov't didn't bail out AIG.  The customers may have a high risk of default, but there was little risk of the banks losing their money.  Besides, like AnythingApplied says, those are the kinds of people they can charge all sorts of fees to, they're a fucking gold mine."}
{"_id": "100136", "title": "", "text": "\"From what I've read, paying down your mortgage -- above and beyond what you'd normally pay -- is indeed an investment but a very poor form of investment. In other words, you could take that extra money you'd apply towards your mortgage and put it in something that has a much higher rate of return than a house. As an extreme example, consider: if I took $6k extra I would have paid toward my mortgage in a single year, and bought a nice performing stock, I could see returns of 2x or 3x. Now, that implies I know which stock to pick, etcetera.. I found a \"\"mortgage or investment\"\" calculator which could be of use as well: http://www.planningtips.com/cgi-bin/prepay_v_invest.pl (scroll to bottom to see the summary and whether or not prepay or invest wins for the numbers you plugged in)\""}
{"_id": "100188", "title": "", "text": "They could have different quotes as there are more than a few pieces here.  Are you talking a Real Time Level II quote or just a delayed quote?  Delayed quotes could vary as different companies would be using different time points in their data.  You aren't specifying exactly what kind of quote from which system are you using here. The key to this question is how much of a pinpoint answer do you want and how prepared are you to pay for that kind of access to the automated trades happening?  Remember that there could well be more than a few trades happening each millisecond and thus latency is something to be very careful here, regardless of the exchange as long as we are talking about first-world stock exchanges where there are various automated systems being used for trading. Different market makers is just a possible piece of the equation here.  One could have the same market maker but if the timings are different,e.g. if one quote is at 2:30:30 and the other is at 2:30:29 there could be a difference given all the trades processed within that second, thus the question is how well can you get that split second total view of bids and asks for a stock.  You want to get all the outstanding orders which could be a non-trivial task."}
{"_id": "100199", "title": "", "text": "Working from home is a mixed blessing. It's nice to avoid the morning/afternoon rush hour. It can be nice and comfortable at home and you can work in the nude ...  All that said though you need to make an effort to get out or you will go fucking crazy. You need to make more of an effort to maintain a normal routine as it is far too easy to just get up 5 minutes before you start working etc.  Also it can be hard to focus on work sometimes, shutting out distractions at home can be very difficult especially if you are doing dull work."}
{"_id": "100205", "title": "", "text": "The relevant Canada Revenue Agency web site is Tax payable on excess TFSA amount  Withdrawing in the same year does not generate additional room. Details from CRA suggest it is best to avoid withdrawing if you expect you would replenish in the same year. Likewise, you can transfer among your various accounts without penalty.  If you change financial institutions, for example, there is no double reporting as you seem to be concerned about if it is tracked as a TFSA Transfer (similar to an RRSP transfer) from one registered account to another.  The paperwork is not as if it was a deposit but merely a transfer."}
{"_id": "100233", "title": "", "text": "Even if it's not used for energy, coal is still essential for making plastics, drugs, air and water filters, soap, dyes, solvents, and carbon fiber.  The coal industry will be around as long as we need aspirin or Boeing wants to build lighter passenger planes."}
{"_id": "100234", "title": "", "text": "Glitter, Inc. is a fashion and lifestyle blog, one of the most widely read online resource on fashion, weddings, design, family, events, travel, DIY recipes, crafts and other interesting stuff. Stay informed on the latest trends and things that matter."}
{"_id": "100241", "title": "", "text": "Simply, most of the above given 'answers' are mere 'justifications' for a practice that has become anachronistic. It did make sense once in the past, but not any more. Computers and networks can run non-stop 24/7; even though the same human beings cannot be expected to work 24/7, we have invented the beautiful concept of multiple shifts; banks may be closed during nights and weekends, but banking is never closed in the internet era; ...The answer must lie in the vested interests of a few stakeholder groups - or - it could just be our difficult to change habits."}
{"_id": "100250", "title": "", "text": "\"These people used the money they received to invest in their business enterprises. As we all know, investments of the wealthy \"\"trickle down\"\" to the poor. If that money had actually gone to poor people they would have spent it on drink and gambling. These people should be commended, not punished.\""}
{"_id": "100279", "title": "", "text": "\"The original *\"\"offer\"\"* was as follows: the shark says he has invested in a company that *may* be interested in this entrepreneur's product, and \"\"contingent on *that* deal,\"\" he will buy the owner out for $150K plus a 4% royalty interest in perpetuity. This is technically not an offer, because the contingency was too vague. He was merely showing interest.\""}
{"_id": "100280", "title": "", "text": "The answer is simple. You can generally claim a deduction for an expense if that expense was used to derive an income. Most business expenses are used to derive profits and income, most individual expenses are not. Of course social policy sometimes gets in the way and allows for deductions where they usually wouldn't be allowed. Regarding the interest on a mortgage being deductible whilst the principal isn't, that is because it is the interest which is the annual expense. By the way deductions for mortgage interest in the USA for a house you live in is only allowed due to social policy, as there is no income (rent) being produced here, unlike with an investment property."}
{"_id": "100283", "title": "", "text": "\"I hate to point this out, but have you heard of this guy Trump, or Warren Buffet (although his son seems to be very competent and grounded, to some degree).   The US is also plagued with this problem where family companies remain so through leadership, they also tend to fail at greater rates than our publicly ran companies.  I suppose Samsung is public company, but why having stock on the open KRX doesn\u2019t lead to better leadership is beyond me to understand?  EDIT:My bad for bringing Trump into this, it was meant as an example of wealth distribution which translates into capacity for business options, and he's well known. However you guys need to do some more research before throwing shade, Howard Buffet has taken over Berkshire Hathaway in a non-executive role, while also holding board positions on a multitude of companies in which BH own significant portions including coca-cola. I wasn't pointing out Warren is incompetent in any way, just he passed the reins off to family too in many ways. \"\"In December 2011, Warren Buffett told CBS News that he would like his son Howard to succeed him as Berkshire Hathaway's non-executive chairman.\"\"  Apologies for lack of clarity in my statement.\""}
{"_id": "100284", "title": "", "text": "Trust me, the plane ticket is the least of the expenses flying my co-worker out they will face.  His room, his meals outside of what they will serve him, etc.    he will steal every red cent he can from them because he is a filthy thief."}
{"_id": "100286", "title": "", "text": "The answer to your question:  I don't think it's being irresponsible at all.  You are at least saving for your retirement, some people aren't even doing that. My advice?  Replace the car with a cheaper car that you absolutely adore.  $1000/month is a lot to pay for a car that's just a car.  Sell yours, take the resultant money and buy a cheaper car outright.  But buy something fun.  If you're going to enjoy driving when you get in your car, really enjoy it. I suggest a used Miata, or a BMW 325i, the E30 version from the late 80s.  Rear wheel drive, light, responsive, and practical.  And cheap as chips to fix as well!"}
{"_id": "100288", "title": "", "text": "Well, this is their last attempt to fix it anyway, so it better be good. Because you better believe Democrats will pass universal healthcare without so much as a look across the isle for input and there's no taking back that from people.   Isn't it curious that Obamacare started sucking right around the time when GOP started defunding it and all the uncertainty of the markets made insurance companies leave? Let's not kid ourselves, this tax cut bill is not really healthcare reform. But like I said, it's for the best."}
{"_id": "100292", "title": "", "text": "That will just change the number of people who are employed. Those who remain employed will require less government help, and those who lose their jobs will require more. Tinkering with the minimum wage will not add wealth or prosperity to the nation, it will only redistribute it."}
{"_id": "100301", "title": "", "text": "&gt;First, federal labor law bars even non-union employers like Google from punishing an employee for communicating with fellow employees about improving working conditions. The purpose of the memo was to persuade Google to abandon certain diversity-related practices the engineer found objectionable and to convince co-workers to join his cause, or at least discuss the points he raised.  Google can come back saying something along the lines of he didn't take correct steps or what have you to do this.  I haven't seen a confirmed story about how his manifesto got leak or that he made it well public.    &gt;In a reply to the initial outcry over his memo, the engineer added to his memo: \u201cDespite what the public response seems to have been, I\u2019ve gotten many personal messages from fellow Googlers expressing their gratitude for bringing up these very important issues which they agree with but would never have the courage to say or defend because of our shaming culture and the possibility of being fired.\u201d The law protects that kind of \u201cconcerted activity.\u201d  If this true, then he does have a lawsuit om hostile work environment.  &gt;The employee was also fired after making a complaint to the NLRB.  Your article doesn't say that.  Only says he made a complaint then he got fired and not because he made the complaint."}
{"_id": "100306", "title": "", "text": "\"Short answer: don't do it. Unless you know something that the bank doesn't, it's safe to assume that banks are a lot better at assessing risk than you are. If they think he can't afford it, odds are he can't afford it regardless of what he might say to the contrary. In this case, the best answer may be \"\"sorry for your luck;\"\" you could recommend that he comes up with a larger down payment to reduce his monthly payment (or that he find a way to get some extra income) rather than getting you to cosign. Please also see this article by Dave Ramsey on why you should never cosign loans.\""}
{"_id": "100307", "title": "", "text": "Agreed  They are really good at producing a uniform, consistent product from variable ingredients  That's why Stone brewing hired one of their brewers to teach them how to scale up  No, I don't drink Bud, but I respect their industrial process control"}
{"_id": "100324", "title": "", "text": "According to the US Mint, the Government does still have a gold reserve stored mostly in Fort Knox in Kentucky, but there is some in New York and Colorado too. Some facts from their site:    That last point is an interesting one. They are basically saying, yes we have it, and no you can't see it. Some conspiracy buffs claim no one has been allowed in there to audit how much they have in over 50 years leading them to speculate that they are bluffing. Although the dollar is no longer tied to the gold standard, throwing that much gold into the market would definitely add fuel the volatility of the finance world, which already has it's share of volatility and isn't hungry for more.The impact on the price of the dollar would be quite complicated and hard to predict."}
{"_id": "100340", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cato.org/publications/research-briefs-economic-policy/do-corporate-taxes-hinder-innovation) reduced by 87%. (I'm a bot) ***** &gt; Are these two objectives at loggerheads? Does changing corporate tax policy also affect future firm innovation? Such debates have become particularly prominent today when many governments face a trade-off between austerity - which requires more attention to government balance sheets - and future growth.  &gt; My administration released a framework that lowers the corporate tax rate and broadens the tax base in order to increase competitiveness for companies across the nation.  &gt; Given the tax deductibility of R&amp;D expenditures and the existence of R&amp;D tax credits, as well as the plethora of sophisticated tax avoidance strategies that some firms adopt, many policymakers doubt that raising the corporate tax rate actually hinders innovation in the real world.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6l4vtd/do_corporate_taxes_hinder_innovation/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~158649 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **innovation**^#2 **corporate**^#3 **firm**^#4 **change**^#5\""}
{"_id": "100341", "title": "", "text": "According to my research one only needs \u00a35000 to invest in this fund.  However, it also has a sales charge of 4% with an annual charge of 1.75%.  If this is short term money, you would have to have a fairly high return to break even."}
{"_id": "100343", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.brookings.edu/opinions/republicans-are-victims-of-a-discredited-economic-ideology/) reduced by 81%. (I'm a bot) ***** &gt; Republicans have become trapped in their own rhetoric, crafted during years of being in opposition.  &gt; Republican leaders have failed to recognize the fact that the economic views of those who voted Republican in 2016 &amp;quot;Lean only slightly to the right.&amp;quot; Republicans could have used the Trump election to effect a political realignment-one that would have combined a more moderate set of economic policies than the Republican elite currently supports with a more moderate set of cultural positions than those espoused by leading Democrats.  &gt; Several Republican candidates supported a value-added tax during the 2016 primaries and a number of leading Republicans, including James Baker, George Schultz, and Henry Paulson are now arguing for a carbon tax that would return all of the revenues raised to individuals in the form of a citizen&amp;#039;s dividend.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6m9f8j/republicans_are_victims_of_a_discredited_economic/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~163171 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Republican**^#1 **tax**^#2 **might**^#3 **more**^#4 **health**^#5\""}
{"_id": "100387", "title": "", "text": "IRS Publication 502: Medical expenses are the costs of diagnosis, cure, mitigation, treatment, or prevention of disease, and the costs for   treatments affecting any part or function of the body. Loan interest and fees do not meet this definition.  Your loan interest and fees are a cost of the payment method you chose (a loan), not a cost of medical treatment. The IRS makes clear where loan interest is deductible.  Publication 936 discusses home mortgage interest deductions, and Publication 970 specifically discusses student loan interest deductions. Considering Publication 502's definition of a medical expense, combined with the absence of a publication discussing medical expense loan interest deductions, one must conclude that medical loan interest and fees are not deductible."}
{"_id": "100403", "title": "", "text": "If you get your income in the currency you have the new loan in, there is no exchange risk for the future. Assuming that you are able to get and serve that loan, it reduces your cost, so go for it. Yes, if the currency exchange rate changes the right way over the next years, you could have made a better deal - but consider it could also go the other way. If you really want to play this game, do it separately, by trading calls/puts on the currency exchange rate. See it as a separate and decoupled investment option."}
{"_id": "100420", "title": "", "text": "\"Profitable by design on slide 7, haha.  Yeah, no.  That's because you're purposely leaving out the maintenance and upkeep for the vehicles in the \"\"not yours fleet\"\", don't have \"\"drivers\"\" but instead contractors, and you thought you wouldn't have to pay taxes or fees in local cities for your \"\"not taxis\"\".\""}
{"_id": "100438", "title": "", "text": "Seems like a stupid move to me.  I assume people who don't want to buy a swatch owned brand now won't do so simply because competition is culled.  Movement watches simply aren't necessities but a fashion item much of the time.    It's like a prominent dress manufacturer called, say, Moochi, that owns the supply of thread announcing they will no longer make it available to their competition who then go out of business.  Doesn't mean women will buy more Moochi dresses - some will decide buy just what they need since they Moochi dresses are too plain, and spend more on accessories to stand out.  Worse, they may be leaving open a lucrative parts market where they were still making a little bit on each watch sale.  Perhaps letting a new Chinese start up come in that simply starts supplying and before they know it, start making watches that compete with them.  I think the Japanese steel industry built themselves up this way, after the US steel makers gladly ceded the rebar business to them in pursuit of higher margin business.  Well, the Japanese built on that and started competing on the higher end markets too."}
{"_id": "100443", "title": "", "text": "If you are the main account holder I would try contacting your bank directly, some of them have very accommodating services for this kind of thing. You might even consider going in person if you have a local branch, this might just make communicating easier. They will probably go over your recent transactions with you to identify the fraudulent ones. You might do this first by yourself if you have an online account. Once you identify the fraudulent purchases they will probably take a week or two to investigate/process and reimburse you. But do NOT just close the account and forget about it- first off closing an account that is close to $2,000 in debt probably isn't even possible. Second, if you forgot about it for a long time and just let you credit take a hit you could end up really paying for it(in the form of higher interest payments) later in life when you try to get anything financed like car or house or even student loans for college. And make no mistake that can amount to *maaany* thousands of dollars more than you would otherwise pay over the course of a loan. So don't damage your credit if you can avoid it. Long story short, banks have special departments to handle this kind of thing, so work with your bank. See how that goes, if you run into hangups you may need to bring your parents into the loop. Good luck!"}
{"_id": "100452", "title": "", "text": "A 1040X is the form and instructions you need.  Don't worry you can rescind the $3 presidential campaign contribution for both you and a spouse."}
{"_id": "100474", "title": "", "text": "You're speaking as a private individual. If you owe money to a friend or family member, IOW if it's a *personal* loan from someone you *personally* know, then yes, there is an absolute moral obligation to pay it back if at all possible. But the big banks are not 'people you know'. They treat you like a set of numbers- no more and no less. You are an opportunity for them to make money. They will take from you all they can legally get (or less than legally if they can get away with it). They have no reciprocating feeling of 'personal resposibility'. Banks are not humans even if humans work for them. They follow the coldly rational, impersonally merciless path of greatest profit in the most immediate term, without the slightest concern for *your* humanity or needs."}
{"_id": "100483", "title": "", "text": "I'd stick with 20% down. Truth is - we don't know enough about you. Are you single and staying that way? How is your retirement savings doing? As others asked, any other debt? You can put 20% down, take a breath and see how it's going. I did just that, the 20%. We then had a baby, and 5 nanny-years to pay for. When she was gone, all that money went to the mortgage, and after refinancing (with no points no closing) we have 7 years to go. Just under 20 years beginning to end. During that time we've saved for college (just about fully funded) and for retirement (both with matched 401(k) accounts).  Remember, if you lose your job, a house with a lower mortgage means nothing when there's still the next payment due. But that cushion of cash can be handy."}
{"_id": "100485", "title": "", "text": "On Monday, the 27th of June 2011, the XIV ETF underwent a 10:1 share split. The Yahoo Finance data correctly shows the historic price data adjusted for this split.  The Google Finance data does not make the adjustment to the historical data, so it looks like the prices on Google Finance prior to 27 June 2011 are being quoted at 10 times what they should be.   Coincidentally, the underlying VIX index saw a sudden surge on the Friday (24 June) and continued on the Monday (27 June), the date that the split took effect.  This would have magnified the bearish moves seen in the historic price data on the XIV ETF. Here is a link to an article detailing the confusion this particular share split caused amongst investors.  It appears that Google Finance was not the only one to bugger it up.  Some brokers failed to adjust their data causing a lots of confusion amongst clients with XIV holdings at the time. This is a recurring problem on Google Finance, where the historic price data often (though not always) fails to account for share splits."}
{"_id": "100497", "title": "", "text": "\"\u05e0\u05e1\u05d7\u05e4\u05ea  My own choice. And the eclipse is quite minimal in NJ. And if I wanted to step out for 2 minutes, or 1 hour, of take the day off, I don't even need to to notify my \"\"bosses\"\". I am a boss myself.  So far none of the people who report to me asked to take time off.\""}
{"_id": "100498", "title": "", "text": "Banks need to provide a free mechanism to deposit and withdrawal money.  Banks are free to charge fees as long as it is well published. If you are not happy with services you can complain to Banking ombudsman."}
{"_id": "100506", "title": "", "text": "\"Of course I do. The surveys are from graduates of the last year (or two or three depending on which one you look at). Nobody is implying that all the people have successful established careers because inherently that's not what the surveys are about. The surveys are about you finding a job when you graduate, the career part is up to you not the school. They are self reported, but nobody has a reason to lie or not report their salaries correctly.   What I'm getting at here is that there is no conspiracy by the school to skew the way information is presented. Any college applicant with half a brain knows what they are looking at when they see the numbers. They are not misrepresented, thus there is no \"\"lying\"\".\""}
{"_id": "100517", "title": "", "text": "\"It's a spin on the phrase \"\"making your money work for you\"\". before sending your money off to do the heavy lifting, you'll want to   have an emergency savings account of about six months of living   expenses stored in cash. Basically, he is saying before you start to invest make sure you have sufficient emergency savings.\""}
{"_id": "100533", "title": "", "text": "It is one of the most and largest fresh flower online store such as Wedding Flowers, Event Flowers, Funeral Flowers. There are so many our customers very happy after getting the flowers. Here, you can buy online fresh flower and in new latest style of every flower bouquets. Buy flowers online from largest stores that\u2019s also providing event flowers, and they can also provide same-day delivery services. Personalized gifts like the personal notebooks are also a very great idea that makes your special person feel more special."}
{"_id": "100546", "title": "", "text": "\"A company doesn't offer up 100% of its shares to the market.  There's a float amount of varying significance, maybe 30% of the shares are put up for public offer.  Generally some amount of current shareholders will pledge some or all of their shares for offer to the public.  This may be how the venture capital, private equity or other current investors cash out their initial investment.  The company may issue new shares in order to raise money for some initiative.  It may be a combination of existing shares and new. Additionally, a company may hold some \"\"treasury shares\"\" on its balance sheet.  In this instance fluctuations in the share price directly affect the health of the balance sheet. As far as incentive goes, stock options to management and C-Suite employees keep everyone interested in an increasing stock price.\""}
{"_id": "100566", "title": "", "text": "Is she correct in that you generally can't even apply until the cash   transaction is complete? Probably. How can you commit to mortgage something you do not own? Makes sense for them to wait not even until the transaction is complete - but until the transaction is recorded. Is 45 days reasonable to complete the financing? Yes."}
{"_id": "100579", "title": "", "text": "Potpourri is natural item having mainly mixture of oils, leaves, flowers, and some other products derived from plants so that you get fragrance of blossom in it. It is also available for online sale with best quality including health treatment power. @ http://articles.pubarticles.com/how-to-herbal-potpourri-and-its-advantages-1505901517,1714153.html"}
{"_id": "100590", "title": "", "text": "\"You are interpreting things wrong.  Indian Infotech and Software Ltd (BOM:509051) clearly has volume and trades.  The MoneyControl site says  Your words like \"\"Nobody is selling the stock\"\" and \"\"no trade going on\"\" are completely unfounded.\""}
{"_id": "100593", "title": "", "text": "\"If it makes you feel any better, I now bank with a credit union. These WF assholes called me one day to tell me that someone had tried to withdraw $500 from my account and that I needed to sign up for a more secure account, of course with a $16 monthly charge. So I did what anybody would do... went to the bank and ask questions right? After I got there and mention the problem they told me that nothing was wrong with my account, that no transactions were attempted and even if they did attempt them and were canceled they would still show up but they didn't. Few minutes later I got another call from that guy and he was telling me that the problem was taken care of and that I didn't need to go to the bank. After that I was just suspicious. Basically what it came down to was that somebody was trying to set me up for accounts that I didn't ask for just so he can get promoted at my expense. They gave me a opportunity to report him but I didn't because I knew him personally, he was one of my \"\"friends\"\" and at the time he had two kids. I didn't want him to lose his job. I told him that what he did was completely fucked up and that you don't do that to people outside of WF. That same day I withdrew all my money. I still remember cutting the conversation short after WF tried to convince me all kinds of ways not to do that. I been with a Credit Union about 3 years now and so far so good.\""}
{"_id": "100599", "title": "", "text": "Apex repairing centre is authorised IFB customer care and service centre.  We provides all types of solutions for IFB products in Mumbai. IFB is well known brand in India, so you can relax related to any query or problems you are facing related to the IFB products. Our repairing engineers are highly qualified who delivers the best result for your IFB products. If you found any problem in your IFB products you can call the apex repairing service (The authorised IFB customer care and service centre in mumbai). IFB is well known brand in washing machine industry in india. We provides genuine parts for your IFB products. Apex Repairing service provides this service in Mumbai and Near by Mumbai Region. Our service is fast. For Any Query Related To IFB Customer Care and Service Centre - Click Here"}
{"_id": "100620", "title": "", "text": "Now, you can get the fabulous dinner service at the West Palm Beach Escape Rooms in your budget. You can come here with your family, because, it is a full secure place for family. We have interesting activity for the clients enjoyment inside escape rooms, it is an amazing place in Florida, USA. It is a romantic date place in which you and your loved one can get a look at the game whilst taking part in a nice night out. The  West palm beach escape rooms offer an exciting event which is unforgetable, challenging and interactive escape room experience team building in fun event."}
{"_id": "100628", "title": "", "text": "While a margin account is not required to trade options, a margin account is necessary to take delivery of an exercised put. The puts can be bought in a cash account so long as the cash necessary to fund the trade is available. If you do choose to exercise which almost never has a positive expected value relative to selling except after the final trading time before expiration, taxes notwithstanding, then your shares will be put to your counterparty. Since options almost always trade in round lots, 100 shares will have to fund the put exercise, or a margin account must satisfy the difference. For your situation, trading out of both positions would be probably be best."}
{"_id": "100640", "title": "", "text": "that's not a huge surprise-   it boils down to an increased demand for people who can be flexible in their thinking.  Business is becoming much more dynamic, procedures change, technology changes, everything changes from week to week if not day to day.  If you can't roll with the punches then you're going to have a hard time.    Tech firms will hire people who don't specialize in a particular programming language, what they expect is for you to be able to think your way through."}
{"_id": "100655", "title": "", "text": "\"If your meaning of \"\"asset protection\"\" is buying gold and canned food in the name of a Nevada LLC because some radio guy said so, bad idea. For a person, if you have assets, buy appropriate liability limits with your homeowner/renter insurance policy or purchase an \"\"umbrella\"\" liability policy. This type of insurance is cheap. If you don't have assets, it may not be worth the cost of insuring yourself beyond the default limits on your renter's or homeowner's policy. If you have a business, you need to talk to your insurance agent about what coverage is appropriate for the business as a whole vs. you personally. You also need to talk to your attorney about how to conduct yourself so that your business interests are separated from your personal interests.\""}
{"_id": "100668", "title": "", "text": "There is no simple way to calculate how much house any given person can afford. In the answer keshlam gave, several handy rules of thumb are mentioned that are used as common screening devices to reject loans, but in every case further review is required to approve any loan.  The 28% rule is the gold standard for estimating how much you can afford, but it is only an estimate; all the details (that you don't want to provide) are required to give you anything better than an estimate. In the spirit of JoeTaxpayer's answer I'm going to give you a number that you can multiply your gross income by for a good estimate, but my estimate is based on a 15 year mortgage. Assuming a 15 year mortgage with a 3% interest rate, it will cost $690.58 per $100,000 borrowed. So to take those numbers and wrap it up in a bow, you can multiply your income by 3.38 and have the amount of mortgage that most people can afford. If you have a down-payment saved add it to the number above for the total price of the home you can buy after closing costs are added in. Property taxes and insurance rates vary widely, and those are often rolled into the mortgage payment to be paid from an escrow account, banks may consider all of these factors in their calculators but they may not be transparent. If you can't afford to pay it in 15 years, you really can't afford it. Compare the same $100k loan: In 30 years at 4% you pay about $477/month with a total of about $72k in interest over the life of the loan. In 15 years at 3% you pay about $691/month but the total interest is only $24k, and you are out of the loan in half of the time. The equity earned in the first 5 years is also signficantly different with 28.5% for the 15 year loan vs. 9.5% on the 30 year loan.  Without straying too far into general economics, 15 year loans would also have averted the mortgage crisis of 2008, because more people would have had enough equity that they wouldn't have walked out on their homes when there was a price correction."}
{"_id": "100683", "title": "", "text": "\"For the vast majority, \"\"buying\"\" a house via a mortgage is not an investment.  I use quotes around buying because from a technical perspective you don't own anything until you've paid it off; this is often an important point that people forget. It's highly unlikely you'll make more on it than the amount you put into it (interest, repairs, etc).  Even with relatively low interest rates. The people who successfully invest in homes are those that use actual cash (not borrowed) to buy a home at well below market value.  They then clean it up and make enough repairs to make it marketable and sell it shortly there after.  Sometimes these people get hosed if the housing market tumbles to the point that the home is now worth less than the amount they put into it.  This is especially problematic if they used bank loans to get the process going.  They were actually the hardest hit when the housing bubble popped several years ago.  Well, them and the people who bought on interest only loans or had balloon payments. Whereas the people who use a mortgage are essentially treating it like a bank account with a negative interest rate.  For example, $180k loan on a 30 yr fixed at 4% will mean a total payout of around $310k, excluding normal repairs like roofs, carpet, etc.  Due to how mortgage's work, most of the interest is collected during the first half of the loan period.  So selling it within 2 to 5 years is usually problematic unless the local housing market has really skyrocketed. Housing markets move up and down all the time due to a hundred different things completely out of your control.  It might be a regional depression, weather events, failed large businesses, failed city/local governments, etc.  It could go up because businesses moved in, a new highway is built, state/local taxes decline, etc. My point is, homes are not long term investments.  They can be short term ones, but only in limited circumstances and there is a high degree of risk involved.  So don't let that be a driving point of your decision. Instead you need to focus on other factors.  Such as: what is really going on with the house you are currently in?  Why would they lose it?  Can you help out, and, should you help out?  If things are precarious, it might make more sense to sell that home now and everyone move into separate locations, possibly different rentals or apartments.  If they are foreclosed on then they will be in a world of financial hurt for a long time. If we ignore your parents situation, then one piece of advice I would give you is this: Rent the cheapest apartment you can find that is still a \"\"safe\"\" place to live in.  Put every dollar you can into some type of savings/investment that will actually grow.  Stay there for 5+ years, then go pay cash for a nice home.  Making $75k a year while single means that you don't need much to live on.  In other words, live extremely cheap now so you can enjoy a fantastic living experience later that is free from financial fear.  You should be able to put $30k+ per year aside going this route. edit: A bit of support data for those that somehow think buying a home on a mortgage is somehow a good investment:   Robert Shiller, who won a Nobel prize in economics and who predicted the bursting of the housing bubble, has shown that a house is not a good investment.  Why?  First, home prices (adjusted for inflation) have been virtually unchanged for the past 100 years.  (link 1, link 2)  Second, after you add in the costs of maintenance alone then those costs plus what you've paid for the home will exceed what you get out of it.  Adding in the cost of a mortgage could easily double or even triple the price you paid which makes things even worse.  Maintenance costs include things like a new roof, carpet/flooring, water heater, appliances, etc. Yes, a home might cost you $100k and you might sell it for $200k after 15 years.  However during that time you'll likely replace the roof ($10k to $20k), replace appliances ($2k to $5k), water heater ($1k), carpet/flooring ($5k to $20k), paint ($3k to $6k), and mortgage related costs (~$60k - assuming 30 yr fixed @4%).  So your \"\"costs\"\" are between $180k and $200k just on those items.  There are many more that could easily escalate the costs further.  Like a fence ($5k+), air conditioner ($5k+), windows, etc. The above is assuming the home actually appreciates in value faster than inflation: which they historically haven't over the long term.   So you have to consider all of the costs ultimately paid to purchase and maintain the home vs the costs of renting during the same time period.   Point is: do your research and be realistic about it.  Buying a home is a huge financial risk.\""}
{"_id": "100694", "title": "", "text": "A Ponzi scheme takes investor money and lies about where it is invested. New investor money is then used to pay dividends to current investors to attract more investors. However there is a fundamental lie as to where the investment is and how much money is under control. The Fed satisfies none of these requirements.  You're pretty confused on the terms. See my post above on how the Fed works."}
{"_id": "100721", "title": "", "text": "a) Nothing would support this company going back to $.50 per share b) Fundamentally the market for this sectors has been obliterated and the fundamentals don't look like they will improve. Similar companies experience what this one is and will be going through, they borrow the hilt and hope they can pump enough oil and sell the oil at a high price. Oil goes below, WAYYY below the price they can sell it at and even break even, so they are burning cash until they declare bankruptcy. This company is not an exception. So here is what to look at on their balance sheet: assets and liabilities. Liabilities are debt. Their debt is over 50% of their assets, that debt has interest and there is NO WAY they are making a profit. Their website's last financial statement is from September 30th.. LOL, so they haven't even released a quarterly financial statement in two quarters straight, so have they released anything? Given what we know about the dire state of the entire oil drilling industry, lets see if these guys are the exception to the rule (spoiler; they aren't) February 15th, 2015 http://www.marketwatch.com/story/strategic-oil-gas-ltd-provides-operations-update-2015-02-19-16173591 The Company prudently elected to stop the winter Muskeg drilling program     in order to preserve capital. So now they aren't even getting new assets to resale, they aren't making any money from that operation, their debt still has interest payments though. Approximately 700 Boe/d of production has been shut-in by suspending     operations at Bistcho, Cameron Hills and Larne, which are not economic     at current commodity prices. Predictable. Also, you should notice from their actual financial statements (from 6 months ago, lol) (when the price of oil was over 100% higher than it is today, lol), this company already wasn't a good performer. They have been financing themselves by doing private placements, by issuing shares to investors that are not you, and diluting the share value of ALL OTHER SHAREHOLDERS. Dead in the water. I got this from skimming their financial report, without even being familiar with how canadian companies report. Its just bad news. You shouldn't be married to this investment."}
{"_id": "100728", "title": "", "text": "If you use a credit union, I look for the co-op network credit union ATMs.   Wide network of fee-free ATMs: http://co-opcreditunions.org/locator/?ref=co-opatm.org&sc=1 You'll have to check with your bank or credit union to see what networks they belong to and if it isn't satisfactory to you, find a new bank or credit union."}
{"_id": "100743", "title": "", "text": "There's a serious mistake in your analysis: granted, in the traditional IRA, you avoid paying taxes on the $5000 now, but you're now stuck paying taxes on $2.2 million dollars when you withdraw it later. Obviously, you'll end up paying massively more than $1250 in taxes on this in the end. As other people have pointed out, if you can afford to cut the $1250 elsewhere in your budget, you could still end up with the $2.2M. However, let's say just for argument that you don't; the question then becomes if you're better off taking the tax hit on the $5,000 now or the $2.2 million later. It also really matters how much money you'll be withdrawing when you retire as well as how you'll be doing the withdraws. Personally, my goal is to be able to withdraw as much per year as my highest salary while working, so clearly the Roth IRA is a good deal for me. An important consideration here is that most people believe that their expenses will go down when they retire, but the majority of retirees in some surveys have indicated that their expenses either stayed approximately the same or actually increased. Also, quick reality check: would the fact that you know you'd be saving $1250 on your taxes by contributing to the IRA actually cause you to contribute an extra $1250 to your retirement? Even if you personally would, I highly doubt that most people, with the exception of people who post on this site :), actually think that way (especially given how little most people actually save for retirement)."}
{"_id": "100762", "title": "", "text": "Also from Chipotle's website:  &gt; It means that whenever possible we use meat from animals raised without the use of antibiotics or added hormones.  Again, they aren't claiming to be organic just stating that they don't want to have pigs that are raised with antibiotics.  You're putting the organic standard on them they're just saying they will do this whenever possible."}
{"_id": "100764", "title": "", "text": "\"You don't specify which country you are in, so my answers are more from a best practice view than a legal view.. I don't intend on using it for personal use, but I mean it's just as possible. This is a dangerous proposition.. You shouldn't co-mingle business expenses with personal expenses.  If there is a chance this will happen, then stop, make it so that it won't happen. The big danger is in being able to have traceability between what you are doing for the business, and what you are doing for yourself.  If you are using this as a \"\"staging\"\" account for investments, etc., are those investments for yourself?  Or for the business?  Is tax treatment on capital gains and/or dividends the same for personal and business in your jurisdiction?  If you buy a widget, is the widget an expense against business income?  Or is it an out of pocket expense for personal consumption?  The former reduces your taxable income, the latter does not. I don't see the benefit of a real business account because those have features specific to maybe corporations, LLC, and etc. -- nothing beneficial to a sole proprietor who has no reports/employees. The real benefit is that there is a clear delineation between business income/expenses and personal income/expenses. This account can also accept money and hold it from business transactions/sales, and possibly transfer some to the personal account if there's no need for reinvesting said amount/percentage. What you are looking for is a commonly called a current account, because it is used for current expenses.  If you are moving money out of the account to your personal account, that speaks to paying yourself, which has other implications as well. The safest/cleanest way to do this is to: While this may sound like overkill, it is the only way to guarantee that income/expenses are allocated to the correct entity (i.e. you, or your business). From a Canadian standpoint:\""}
{"_id": "100792", "title": "", "text": "Not a day goes by that someone isn't forecasting a collapse or meteoric rise. Have you read Ravi Batra's The Great Depression of 1990? The '90s went on to return an amazing 18.3%/yr compound growth rate for the decade. (The book sells for just over $3 with free Amazon shipping.) In 1987, Elaine Garzarelli predicted the crash. But went years after to produce unremarkable results. Me? I saw that 1987 was up 5% or so year on year (in hindsight , of course), and by just staying invested, I added deposits throughout the year, and saw that 5% return. What crash? Looking back now, it was a tiny blip. You need to be diversified in a way that one segment of the market falling won't ruin you. If you think the world is ending, you should make peace with your loved ones and your God, no investment advice will be of any value. (Nor will gold for that matter.)"}
{"_id": "100801", "title": "", "text": "I recently sold some property in which I structured the agreement with my realtor such that I would pay the normal 6% commission, 3% to each agent if the buyer came from another agent. If my selling agent found his own buyer, he would get 4.5% commission. As a seller it's possible to negotiate such deals before the house goes on the market. If you are selling another property you could similarly structure such a deal where your selling agent picks up the commission from buying the new place and agrees to reduce the commission on the place that you are selling leaving you in a better position than if you bought unrepresented. As an unrepresented buyer, you only have negotiating power insofar as the market allows. The seller's agent gains nothing from what you propose, so unless they expect trouble moving the house, waiting to see what other offers arise is certainly an option. If they are having trouble moving the house then just reduce your offer and see what happens.  When I pick a selling price the main factor is that I want to attract enough buyers that I can sell it quickly. Interest payments do add up. Selling a house involves more than just listing it for sale. I have a good relationship with my agent and have done multiple deals with him. I am willing to pay him because I believe it benefits me to do so. I wouldn't risk that relationship just to close a deal with an unrepresented buyer. That unrepresented buyer would allow for a reduced commission to 4.5% though in the contract I mentioned above."}
{"_id": "100847", "title": "", "text": "The main reason for an UBI is to provide atleast some sort of income since a lot of people are projected to be out of a job due to automation. Hence that source of income, for the large part, will go to the basic needs first, like housing, power, food.  Atleast, that's what I suspect.  So if a landlord knows people can afford atleast X amount for housing, why would they offer it any cheaper?"}
{"_id": "100849", "title": "", "text": "Good points. I'm sure twitter has data on the value of Trumps account, but IMO the data for how much value Trump keeps away from Twitter is much less readily available. Anecdotally, I know many people that have either not gotten a twitter account or quit using the service altogether because of him. And I live in a red state. I'd think if the investors proved the economic value of the account was actually damaging to twitter user growth, they could have a case. One way would be to see where people are going for news, or creating new accounts, or time spent on the platform vs others like Facebook."}
{"_id": "100867", "title": "", "text": "\"No. One of the key ideas behind a corporation is that an investor's liability is limited to the amount he invests, i.e. the amount of stock he buys. This is the primary reason why small businesses become corporations, even though one person owns 100% of the stock. Then if the business goes broke, he won't lose his house, retiretment fund, etc. He'll lose everything he had in the business, but at least there's a limit to it. (In some countries there are other ways to achieve the same results, like creating a \"\"limited liabililty company\"\", but that's another story.)\""}
{"_id": "100882", "title": "", "text": "I'm almost in the same situation as you. Here is what I'm doing.  Buy ETFs each time you have above 3000\u20ac saved up. I buy these: HSBC S+P 500 C.S.-MSCI PACIFIC UBS-ETF-MSCI EMERGING MARKETS ISH.STOX.EUROPE 600 They are taxable under Abgeltungssteuer, so no hassle with that, are cheap and cover almost the entire world economy. Don't worry what everyone else is doing. My friends all started buying stuff when they started earning real money. Now everyone has shitloads of stuff piled up somewhere, which never gets used."}
{"_id": "100884", "title": "", "text": "\"Hey Maison, Thanks for the reply. At this point we're not receiving any statements...I've tried multiple times to ask for papers but it always gets pushed aside and eventually forgotten about (I have a full-time day job as well). Does it make sense that the manager is collecting his full salary + extras, but we as the owners (at least my portion) are not getting anything? I think the manager is the one handling everything - including taxes, payroll, etc. I'm going to be putting in somebody that I trust, with more business acumen, to go and have a first hand look. Is there anything overly important you would suggest that needs to be focused on heavily and can easily shed some light on this issue? Like you said, this single point of failure may be what's killing me, and it makes no sense that the bar wouldn't be making any money since every time I've gone it always seems packed. The manager just kind of talks down to me when I try and ask him about the situation since he's the \"\"Expert\"\" and I'm relatively without experience, and always has a reason such as renovations, fixing of the roof, etc. all expenses that come out of the total earnings..\""}
{"_id": "100919", "title": "", "text": "Ok, I'll play ball. Where do you see the wrong doing?  Being in a room with a Russian for 20 minutes is not a crime, nor can it in anyway be concieved of as wrong doing.  Edit: of its own accord, of course."}
{"_id": "100927", "title": "", "text": "Idk how to word this better but Is it possible to make 4000 in a month? I work full time for a school making 14.70 and my wife makes a little less full time at her job. Is there a way I can help myself maximize price to save based on what we have outgoing? Need a down payment for a home and really don't wanna use a government loan. (Moving snarky just want a better rate and lower closing fees). Thanks!"}
{"_id": "100936", "title": "", "text": "\"Concealing parts of a document in order to obtain a signature is illegal. The company committed signature forgery because they effectively modified the document after you signed it (i.e. unfolded the parts that were previously folded). I suggest that you go to your local police department to file a report, citing \"\"signature forgery\"\". Once you have the police report, call your bank's fraud department (not the general billing dispute line) and cite the police report right away, specifically calling out \"\"signature forgery\"\". I would be surprised if you don't get a favorable outcome.\""}
{"_id": "100940", "title": "", "text": "Me too it all started when I ordered a number five and they said medium or large. I asked which size was the price on the picture. Lady said Small...   When I am buying things off the menu, price is one of the two factors of my decision. I complained, they could not see the problem..."}
{"_id": "101021", "title": "", "text": "&gt; Start a funeral home or casket/urn selling company -- profit off of the death of the Boomers.  The problem is that the Boomers will only start dying when GenX starts retiring. While your advice made me chuckle, it is better directed at Millenials. :)"}
{"_id": "101025", "title": "", "text": "If you are one of those who like travelling then you must plan Myanmar trip this time. This is a nice place to visit with family and friends. So, you can choose this place for vacation whether you are going with your friends or going with your family."}
{"_id": "101046", "title": "", "text": "Investors are typically a part of the board of directors of the company. Because of their ownership in the company, they have a vested interest in its stock price. The same is true for management also in cases where they hold a certain percentage of equity in the company. Their incentives also get aligned to the stock price."}
{"_id": "101083", "title": "", "text": "By the way Foxconn has announced they were opening factories in the US before and not followed through.  I get he's desperate for any kind of PR win... but you would think he'd save his big ceremony for when the thing actually opens as opposed to when it's just proposed."}
{"_id": "101103", "title": "", "text": "\"As a legal contract, a mortgage is a form of secured debt. In the case of a mortgage, the debt is secured using the property asset as collateral. So \"\"no\"\", there is no such thing as a mortgage contract without a property to act as collateral. Is it a good idea?  In the current low interest rate environment, people with good income and credit can obtain a creditline from their bank at a rate comparable to current mortgage rates.  However, if you wish to setup a credit line for an amount comparable to a mortgage, then you will need to secure it with some form of collateral.\""}
{"_id": "101111", "title": "", "text": "Can you show me where? Because pretty sure when obama put a tax to help fund the ACA, the economy thrived, a million doctors were hired, hundreds of hospitals, and thousands upon thousands of walk in clinics we're built. And the stock market thrived more."}
{"_id": "101112", "title": "", "text": "I think tradition is going to be a big obstacle to lab grown meat, as there arent that many ways to grow it in a way to fit the idea of meat for people who are used to eating actual meat for 20 or more years. the taste and texture is going to be really different. People are sensitive to this stuff. its like, i like meat, i have been eating it all my life, and now suddenly there is something entirely else that calls itself meat on the table.  No, if the cost is similar and it has a lot of marketing campaigns, im thinking years of marketing, behind it, its still going to be the same effect. meaning its not going to be this big money maker that its makers expect. you cant force a product to socceed if there is no product market match"}
{"_id": "101124", "title": "", "text": "Others have made excellent suggestions; one thing I would add - and this cannot be understated - is to assess your risk tolerance.  We tend to think of investing as a purely rational and financial decision, yet myself and so many others, when times get tough, make emotional decisions. Doing a risk tolerance test (as honestly as possible) will help you recognize what you can and can't handle.   On top of that, consider how well you face adversity or celebrations in other areas of life; I've found many similarities in the ways that we handle a gain in our investments to the way we celebrate a raise (same thing with adversity). Once you know this, you can begin the process of elimination on funds. [Added: the point above this, does not consume a lot of time and could end up saving you a great deal of money and emotional agony, so it's well-worth it.]"}
{"_id": "101129", "title": "", "text": "\"Years ago I worked in an engineering firm that deployed Kaspersky AV to all the PCs. One of the wags in the department used to joke in a hilarious fake Russian accent \"\"Use Kaspersky for greatest glory of motherland, comrade!\"\"  I'm wondering who he actually worked for now.\""}
{"_id": "101149", "title": "", "text": "Right, in that case disregard most of what I've said that's specific, especially on the law bits. Check with someone local (or check the court websites) if small claims court is an option, and if you get a judgement what options there are to collect. A collection agency can also take the legwork out of that, mostly at the customer expense. And selling off debt is still an option, the US industry for that is even bigger than in the Netherlands. And your loss on that is most likely tax deductible, so ask yourself how much your time and aggro is worth."}
{"_id": "101176", "title": "", "text": "If you have sufficient money to support yourself until you have a career, then paying off your student loan principal on unsubsidized, federal loans, is probably your best bet. This is because interest accumulates before you're actually required to pay. If they are private, make the payment on the highest interest rate loans."}
{"_id": "101180", "title": "", "text": "Let's assume you have total year income I. The inflation rate is R and the growth rate is E every year. The contributed rate deducting 1.8% will be C = 0.982. So, for your account you'll have every year Let's assume you have annual income in 1000, then for years So, you'll deposit 40 000 and got at the end 129 023.60. But be careful, economic calculation for so long period could be very incaccurate because of the variation of the inflation rate, growth rate and various risks. The spreadsheet could be very useful. More accurate formula which assume that annual deposit grows only the half of the year. Thus, the result for 40 years will be 124 576.91."}
{"_id": "101181", "title": "", "text": "I don't see how you could have this conversation without also including mention of the labor participation rate. If the unemployment rate is low but there is still a huge pool of workers trying to get back into the workforce then you still have high competition for positions which would depress the wage rate. This has been my experience looking for work in the last 12 months. Linkedin tracks applications and it is routine to see 100-300 applicants for entry level business analyst positions that are only a week or two old. Does that seem like low unemployment/low competition for work? Hell no. I bet most employers are still flooded with applications and can be as picky as they want and can lowball applicant wages."}
{"_id": "101184", "title": "", "text": "To charge money for investment advice the only prerequisite is the 65. Find out what licenses your father has.   You can cover the 6, 63, 65, 66 and 7 with the 66 &amp; 7.   I would suggest: Life and Health, 66, 7, CFP. In that order. But you might also be able to get away with the L&amp;H, 6 and 63 (this is more common among older product sales based advisors) to get up and running."}
{"_id": "101188", "title": "", "text": "Look at their dividend history.  The chart there is simply reporting the most recent dividend (or a recent time period, in any event).  GF for example: http://www.nasdaq.com/symbol/gf/dividend-history It's had basically two significant dividends and a bunch of small dividends.  Past performance is not indicative of future returns and all that.  It might never have a similar dividend again. What you're basically looking at with that chart is a list of recently well-performing funds - funds who had a good year.  They obviously may or may not have such a good year next year. You also have funds that are dividend-heavy (intended explicitly to return significant dividends).  Those may return large dividends, but could still fall in value significantly.  Look at ACP for example: it's currently trading near it's 2-year low.  You got a nice dividend, but the price dropped quite a bit, so you lost a chunk of that money.  (I don't know if ACP is a dividend-heavy fund, but it looks like it might be.) GF's chart is also indicative of something interesting: it fell off a cliff right after it gave its dividend (at the end of the year).  Dropped $4.  I think that's because this is a mutual fund priced based on the NAV of its holdings - so it dividended some of those holdings, which dropped the share price (and the NAV of the fund) by that amount.  IE, $18 a share, $4 a share dividend, so after that $14 a share.  (The rest of the dividends are from stock holdings which pay dividends themselves, if I understand properly).  Has a similar drop in Dec 2013.  They may simply be trying to keep the price of the fund in the ~$15 a share range; I suspect (but don't know) that some funds have in their charter a requirement to stay in a particular range and dividend excess value."}
{"_id": "101191", "title": "", "text": "I have no idea about slushie machines but in general you order it, have it shipped and pay taxes and duty (if there is any). There may be a complication if the machines are not UL/CSA approved in this case, so you might need an engineer's report or some other paperwork or they might hang on to them."}
{"_id": "101201", "title": "", "text": "Are you being willfully obtuse? Of course you can do both. However, had you never been taxed you'd have that same money to spend as you see fit, such as giving it to charity. Mind blowing right?   Oh so you know how to spend that money better huh? Maybe I say I know how to spend your money better than you. Fuck your charity for down syndrome. People with prostate cancer need it more. Here's your tax bill :)"}
{"_id": "101205", "title": "", "text": "Oh man... youve been to school for this, i can tell! Haha. Excellent points, some i havent thought of. Like i mentioned, im not a buisness major or anything but im smart enough (and stupid enough) to take chances if i see opportunity to make money. (A mindset that probably started with my majuana empire in high school lol).   I will most likely follow through with welding full time, at least until i have money built up to invest and still live comfortably. Like i said, im smart enough to know what needs to be done but im wide-eyed and hungry to make more also.   Anyway, thank you for your response, its very helpful and full of things i hadnt considered yet; specifically the investment structure of the company."}
{"_id": "101212", "title": "", "text": "There are significant similarities, but also differences. The 1917 Revolution grew out of conditions near starvation. Also, soldiers (or sailors in that case) did not want to be canon fodder in an unnecessary war. We are nowhere near the point of revolution.  And thankfully so. Revolutions are more fun to read about than to live through."}
{"_id": "101220", "title": "", "text": "After several hours of trying to get various import methods to work (see comment to other answer), I ended up just adding all the splits by just gritting my teeth, against the inefficiency of at all, and entered them manually. The process took a couple hours, but at least now I have clean data. Duplicating an existing transaction with splits and just changing the date is (a lot) more keyboard efficient than editing an existing transaction and adding the splits (Alt+N, L, 1/1/2011) even when accounting for the overhead of deleting the now-duplicate imported transaction (Alt+N, D, Alt+D)."}
{"_id": "101255", "title": "", "text": "\"My wife and I have been ridiculously happy with YNAB. It's not \"\"online,\"\" but syncs across our phones & computers using Dropbox. It supposedly supports different locales and currencies, but I have never needed to try that out.\""}
{"_id": "101262", "title": "", "text": "\"**Useful idiot**  In political jargon, a useful idiot (also useful fool) is a person perceived as a propagandist for a cause the goals of which they are not fully aware of, and who is used cynically by the leaders of the cause. According to the Oxford Dictionary of Euphemisms, the phrase stems from useful fool to refer to \"\"a dupe of the Communists\"\" and was used by Vladimir Lenin to refer to those his country had successfully manipulated.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "101265", "title": "", "text": "We provide business insurance at competitive  business insurance service rates to customers across the country. We can offer an assortment of answers for address their budgetary needs or business needs.  We are reliable for the best insurance policy, you can trust at the Oxford Risk LLC. We have cheapest policy for business. As you know, business insurance policy is supportable for us such as U.S. property/casualty insurer for business insurance Fairlawn Ohio capital strength should enable them to withstand near-term volatility related to hurricane events, but a major catastrophic hurricane could change that, according to a new report.We know getting insurance for your business is not always the easiest thing to do. With so many terms of any business and always coverage. Business owner's insurance policy is often the most convenient way of protecting your business's physical and financial assets."}
{"_id": "101295", "title": "", "text": "I'm not in the industry, but the point of the quoted section suggests that hybrid debt (instruments with both debt and equity features) count as acceptable capital against upcoming required capital positions.   These instruments are going to be cheaper than using common equity, and provide a leverage effect that can improve the return on equity (same income/cash flow over lower required equity)."}
{"_id": "101307", "title": "", "text": "So we build the malls and obsolete them for the internet (Amazon) then Amazon buys the malls and uses them as brick and mortal distribution centers?  There is something wrong with this picture.  I no longer get to try on the winter coat before I buy it.  Same local distribution but no customer access to the product to try it out.  This sucks."}
{"_id": "101319", "title": "", "text": "Miami Florida is one of the most treasured destinations for doing business. Not only for speaking, but Americans and people from all over the world. Its climate and buy a business in florida infrastructure make them the cradle par excellence of many immigrant entrepreneurs. Being a cosmopolitan city the competition is very arduous - but very possible if you devote the energy you should. When you decide to undertake, perhaps, the first thing you think is to throw something from scratch. And that involves a time of creation and development, testing, validation, market research and customers."}
{"_id": "101320", "title": "", "text": "The bikes sold at Target or Walmart can't really be compared to a bike sold at an independent bike dealer or even a concept store from Trek, Giant or Specialized.   The key question I'm trying to solve is, how to go to direct sales when you already have a distributor network?"}
{"_id": "101321", "title": "", "text": "This sounds like a real consistency issue, then. When it comes to saying one thing and doing another with regard to spending money it seems common that a company just hasn't figured out why that kind of consistency is important.  To me it's a question of ROI. If a company insists on huge money-blowing events, what's the return? What is that event supposed to achieve, and is it worth it? Huge money blowing events can certainly be worth it when they actually generate long-term sales, significantly boost employee morale (in turn generating sales, hopefully) or similar. But as you obviously know, if all the employees involved in the event feel like it's bullshit before, during, and after it goes down then somebody didn't really look at the ROI before approving it."}
{"_id": "101329", "title": "", "text": "You can start a software company. Than your office will be around the world and you can work whenever you want. If you can appoint some people who can collect work from here and there and the coder around the world can give you the job done(this can be done by posting your work in various freelancing site). It is challenging, because you have to get yourself up-to-date with the technological things."}
{"_id": "101330", "title": "", "text": "[POSCO 's Logo is 'We Move the World in Silence.' ](http://en.wikipedia.org/wiki/POSCO)  South Korea lives in a bubble and they are fully aware of it.  As such, their country and governments are trying to do everything they can to leverage as much power as possible.  They are not wasting the aid they are receiving in the very least."}
{"_id": "101341", "title": "", "text": "Even if this guy did not strike a deal, his negotiating skills were admiral enough that it would have drawn enough publicity to get a deal from an outside private investor.  Great website too, can't decide what I want.  http://www.elementbars.com"}
{"_id": "101343", "title": "", "text": "\"If you don't use leverage you can't lose more than you invested because you \"\"play\"\" with your own money. But even with leverage when you reach a certain limit (maintenance margin) you will receive a margin call from your broker to add more funds to your account. If you don't comply with this (meaning you don't add funds) the broker will liquidate some of the assets (in this case the currency) and it will restore the balance of the account to meet with his/her maintenance margin. At least, this is valid for assets like stocks and derivatives. Hope it helps! Edit: I should mention that\""}
{"_id": "101344", "title": "", "text": "Meh. Seems like splitting hairs to me. I've tried to get Vanguard to open fossil-free index funds as Barclays has (and to which I moved heaping helpings of my Vanguard money) so maybe I'm part of the problem.   By the by, those fossil free funds have been outperforming their fossilized index counterparts."}
{"_id": "101358", "title": "", "text": "The scammer is definitely up to something fishy. He (it's certain that the she is a he) may deposit some money into your father's account to gain his trust. After which, he will propose to come meet your dad. That's where the scamming begins. He will come up with a story about flight, VISA issues, or a problem he has to solve before coming over. Another is that he can use your dad's empty account to receive monies he scammed off people. That way there's no direct link with him and his other victim."}
{"_id": "101363", "title": "", "text": "It isn't always clear cut that you should pay off a debt at all, particularly a mortgage. In simple terms, if you are making a better return than what the bank is charging you, and the investment meets your risk criteria, then you should not pay back the debt. In the UK for example, mortgage rates are currently quite low. Around 2.5 - 3% is typical at the moment. On the other hand, you might reasonably expect a long run average return of around 9 - 11% on property (3 - 5% rental yield, and the rest on capital gains). To make the decision properly you need take into account the following:"}
{"_id": "101369", "title": "", "text": "Consider contracting with a property management company to lease and maintain the house until it can be sold. Rent on the property should cover the mortgage, property taxes, etc. The property management company can handle maintenance and the tenant would be responsible for utilities."}
{"_id": "101382", "title": "", "text": "One piece of documentation that might help here is a confirmation of your benefit selections through your employer for each year since the expenses in question were incurred, assuming you have a job with eligibility for benefits.  If you can prove which accounts you maintained through your/your spouse's (if applicable) employer(s), then it is relatively simple to go back through the records for those specific accounts and see if a specific expense was ever reimbursed.  Obviously, you can't prove through documentation that you didn't have accounts that don't exist. This seems like it would be more important for the accounts elected by a significant other, since I believe reimbursements from an account in your name would typically be reported to the IRS on your behalf anyway. Also, keep in mind that the IRS won't care about each line item individually.  Their focus will be on whether, for any given snapshot in time, your total reimbursed amount exceeded your total eligible expenses."}
{"_id": "101391", "title": "", "text": "&gt; Cutting taxes to raise tax revenue is a fantasy that has never come true. Reagan tried it and the deficit skyrocketed, so he reversed it:  Yet it is true when you understand economics. Texas is living proof of that. Big government overspending and trillions of dollars of extra national debt year over year is extremely wasteful, unsustainable with the threat of national bankruptcy.  &gt;**[Trade Helps Explain Texas-Sized Job Growth](http://www.cato.org/blog/trade-helps-explain-texas-sized-job-growth)**  &gt; By Daniel Griswold JULY 26, 2011 12:38PM  &gt; As its governor, Rick Perry, weighs a run for the White House, Texas has drawn attention for its healthy job growth. Since the recession ended in June 2009, **Texas has accounted for half of the net new jobs added to the U.S. economy, according to the lead story in this morning\u2019s USA Today.** That\u2019s quite a record for one lone state. We\u2019ll leave it to others for now to argue over how much credit Gov. Perry can claim.   &gt; **Some credit surely goes to high oil prices, fueling job growth in a sector important to the Texas economy. Another reason for its relatively strong job growth is a friendly business climate, including no state income tax and relatively light regulations. And for those who scapegoat trade for the nation\u2019s persistently high unemployment rate, consider that Texas is the nation\u2019s number one trading state.** As the USA Today story notes:  &gt; Overseas shipments by Texas\u2019 strong computer, electronics, petrochemical and other industries rose 21% last year, compared with 15% for the nation, according to the Dallas Federal Reserve Bank. The state also benefits from its proximity to Latin American countries that are big importers of U.S. goods \u2026 The surge creates jobs for Texas manufacturers and ports.  &gt; As I can attest from recent speaking engagements in San Antonio and Laredo, Texans have embraced their state\u2019s position as the nation\u2019s leading gateway for trade with NAFTA-partner Mexico and the rest of Latin America.  &gt; While politicians and union bosses from other states grumble about allegedly unfair trade, the latest trade and job numbers show that the people of Texas are making the most of the opportunities created by our more open economy."}
{"_id": "101405", "title": "", "text": "Assuming a good credit score with no issues like bankruptcy they look at 2 ratios: housing related debts and non-housing debts. For you the housing debts are: principal and interest ($1986/month), property taxes ($490/month), Home Insurance ($120/month) and HOA fee ($120/month). Add these up ($2716/month). You want this to be below 28% of your gross, though some lenders use 33%. For you 109K/year is 9083/month or 29.9%. The 20% down payment saves you the PMI payments. Note that the deductions for interest and taxes already hidden in the ratio limits, so don't try to reduce the monthly impact by a expected deduction. Many lenders will require you to give them the money from taxes and insurance each month, they will forward the funds to the government of insurance policy when the bills are due. The 2nd ratio is for the non-housing debts, which you claim to be zero. That should be less than 10%. If they insist on keeping you below 28% you might need a lower rate or bigger down payment. Your current income and budget have allowed you to accumulate significant savings, though you retirement balances seem low. The savings and CD balances show that you could increase your spending each month without severely impacting your financial health. Should you buy, can't be answered because that is an individual choice.  Keep in mind that home ownership also includes additional responsibilities that a renter can ask a landlord to fix and pay for. That is the stuff that is impossible to predict."}
{"_id": "101408", "title": "", "text": "The Money Market is a place where one trades Instruments. The market is similar to that of the Stock Market. The instruments traded in Money Markets include Short Term Debt Instruments as well as FX Swap Instruments and Mortgage & Asset Backed Securities. The FX & Mortgage Securities are not Debt instruments per se. They also include other custom created instruments that are traded. The definition of Short Term debt is any guaranteed instrument with a maturity of less than a year. These instruments are used in various transactions, including retail and the Money Market is not the only place these are traded."}
{"_id": "101420", "title": "", "text": "I quit the company during the Nadella transition.  I was a Site Reliability Engineer, and my entire discipline was gutted and tossed at the company, as were the testers. Maybe it's been good for consumers, but the way it was handled internally, with an indefinite stream of reorganizations and middle management competition, just made it a terrible place to work.  When I left, I had been through 9-10 reorganizations in as many months. Every time I'd get a project or a service to work on, we'd get moved. Most of my coworkers left for Amazon, some left the field entirely. I hope it's better now, nobody deserves that.  Windows Server 2016 was one of the worst builds I've ever worked with, and I have been really happy to stop supporting the OS entirely. The docker gaps in particular in the windows ecosystem seem pretty significant, and languages that don't run on Linux seem antiquated and useless because of pressures from cloud platforms."}
{"_id": "101437", "title": "", "text": "Death of anyone can bring their close one\u2019s in big distress and they found themselves unable to come up with this trauma of their life. When this death is of a spouse, the severity of trauma affects the life of the living one in such a huge extent that he/she begs for the death and keeps no desire of living. The inspirational books \u201cBECAUSE THE SKY IS EVERYWHERE\u201d and \u201cBOTH SIDES NOW: A TRUE STORY OF LOVE, LOSS AND BOLD LIVING \u201d written by Nancy sharp  can work as great motivation for such people whose have no desire of living now."}
{"_id": "101453", "title": "", "text": "Ariisto Celestia Codename Big Boom Mulund launched their 2BHK &amp; 3BHK apartments. These apartments are configured for perfect living addresses next to Yogi Hills mumbai. The project is planned to develop towers including Wing A, Wing B, Wing C and Wing D. http://www.smcrealty.com/ariisto-celestia-codename-big-boom/"}
{"_id": "101457", "title": "", "text": "You're defending amazon against monopoly charges right here man...  They don't need to brainwash people or even advertise, they can enter any market they want and just destroy nearly all competition instantly.    They have so much money that they can take losses for years and years on any sector until they price everyone else out of business.     I do agree with you that Trump shouldn't be using threats against amazon as a political weapon."}
{"_id": "101462", "title": "", "text": "That's different in that nobody pays him 46 million dollars in wages or salary. He is self employed and negotiates individual fees for his performances. This guy is almost certainly worth 46 million a year because he negotiates many fees amongst many paying clients. It's possible that a person receiving 1 salary from one employer is being overpaid but if you are dealing with dozens of employers it's unlikely that they are *all* overpaying market rates."}
{"_id": "101490", "title": "", "text": "I'm in a similar situation as I have a consulting business in addition to my regular IT job.  I called the company who has my IRA to ask about setting up the Individual 401k and also mentioned that I contribute to my employer's 401k plan. The rep was glad I brought this up because he said the IRS has a limit on how much you can contribute to BOTH plans. For me it would be $24K max (myAge >= 50; If you are younger than 50, then the limit might be lower). He said the IRS penalties can be steep if you exceed the limit. I don't know if this is an issue for you, but it's something you need to consider. Be sure to ask your brokerage firm before you start the process."}
{"_id": "101511", "title": "", "text": "Assuming US,but the principles apply in many (not all) places: If the bills are legitimate and issued by the federal government, they're legal tender and you can spend or deposit them. Old bills, especially silver certificates,  may be worth more than their face value to collectors (or may not).  Bills issued by banks, by the confederate states, or something like that have only collector's value (which will vary depending on exactly what they are and their condition). The value of money from another country will depend on the issuing country and exchange rates, of course. There's nothing wrong with windfall cash. The IRS may ask some nosy questions about it to make sure you aren't trying to hide something, but if you aren't deliberately trying to cheat them or hide something illegal that's generally harmless at worst."}
{"_id": "101513", "title": "", "text": "Growing up poor leaves so many holes in your education. Not knowing how to manage money compounds the problems. What middle and upper class parents teach their children, I had to read a dozen books to learn. For example, negotiating starting pay. I didn't even know this was possible since minimum wage jobs pay- minimum wage. No negotiations.   I knew about dickering for a price when buying a car, but had no clue you could do this for other purchases. Clipping coupons was of course one of my skills, but had never bought in bulk to save money.   My dad taught me how to change a tire and the oil in my first beater, but I had never taken clothes to be dry cleaned or shoes to be resoled. Basically, I had never owned shoes worth repairing or clothes that couldn't be thrown in a washing machine with my jeans and tee shirts.   How do you choose where to invest your 401k? Had no clue. That required another six months of intense study and the help of a librarian.  You get thrown all these curve balls in your first real job that everyone else seemed to know all about it. Etiquette in a meeting. Proper handshake. Can I eat one of the muffins? Can I save one to go with my lunch? You feel silly, almost childish."}
{"_id": "101519", "title": "", "text": "Don't really know but I can guess. Firstly, everyone thinks the price of gas is too high. You drive to work every day, and gas is basically the only product who's price is advertised from the street! From that perspective. So mentally, I argue, we overvalue an extra 1 percent discount on gas. It's only worth maybe 60 cents a month to me, but worth a lot of other interchance fees for the credit card company. Secondly, gas stations are a prime robbery target. Credit cards mean less cash in the till. And less chance for employees to steal from the till, and less chance of counterfit money. Finally, it's a competitive market. If stations don't accept a card, they'll lose business to elsewhere. There's a gas station on either side of an intersection, and you can always tell which station is a few cents cheaper because it's the one with customers fueling up while the other one is a ghost town. They feel they have to compete on convenience or go under, and the credit card companies recruit you into the game with higher cash back rewards."}
{"_id": "101531", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.marketplace.org/2017/06/08/economy/kansas-legislature-rejects-2012-tax-cuts-once-seen-conservative-model) reduced by 80%. (I'm a bot) ***** &gt; In 2012, Brownback signed tax cuts that reduced income tax rates and eliminated income taxes for more than 300,000 business owners.  &gt; Kansas has been facing a two-year budget deficit approaching $900 million, and even some conservatives who don&amp;#039;t like tax increases said it was time for a change.  &gt; University of Kansas political science professor Patrick Miller said Brownback made this conservative economic model his brand - a signature policy that other states could copy.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gc429/nonacademic_study_but_interesting_read_from/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140565 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **state**^#2 **Brownback**^#3 **cuts**^#4 **budget**^#5\""}
{"_id": "101541", "title": "", "text": "This is a perennial favourite for fucktards and fools.  I simply walk away from any person who uses it. Because it is absolutely meaningless, except where someone uses it to try to justify retarded behaviour which has some miniscule hope of eventually paying off. It never does, for anyone using this piece of shit."}
{"_id": "101543", "title": "", "text": "\"No, you can't deduct any of that. What they're talking about is a flexible spending plan, otherwise known as \"\"Use it or lose it\"\" money.  You choose to put pre-tax dollars into a restricted fund.  This money is not taxed, in fact technically, it's not even income.  You can only spend out of that fund to buy parking, tolls, transit tickets, things like that.    Any money not used for those purposes in a suitable time period evaporates.   Gone, and irrecoverable.  You can't even take the loss as a tax deduction! You have to set this account up with your employer.   You can't just dig up your old transit and parking receipts and stick those on your Schedule A.   Take 3 people.   As you can see, Fran is shooting herself in the foot. This is where these plans can go wrong.\""}
{"_id": "101551", "title": "", "text": "Companies already have to protect themselves against employees trading the company's shares with insider information. They typically do that in a number of ways: Taken together, this tends to mostly mitigate the risk of employees trading with insider information, though it's probably not perfect. In practice, the company itself's knowledge of insider information is the same as that of its senior management. So it makes sense for a company to be allowed to trade under the same conditions as its senior management. From https://corpgov.law.harvard.edu/2013/03/14/questions-surrounding-share-repurchases/ : If the company is repurchasing outside of a Rule 10b5-1 trading plan,   it should limit its purchases to open window periods when officers and   directors are able to buy and sell securities of the company. In   addition, the company also can choose to disclose any material   non-public information prior to any share repurchase if it is in   possession of material non-public information at a time when it is   seeking to make a share repurchase outside of a Rule 10b5-1 trading   plan. As mentioned in the quote, a company can also set up a trading plan in advance (at a time when it doesn't have inside information) to be executed unconditionally in the future. Then even if the company comes into possession of inside information, it won't be using this knowledge to direct trades."}
{"_id": "101555", "title": "", "text": "\"The government program to keep the unemployed from gaming the system that they mention isn't really what the article is about.  Most of their complaints are about internships, apprenticeships, and unpaid overtime for salaried employees.  The sectors that are most notorious for these sort of things are those that are often over-saturated with qualified candidates.  I work in graphic design.  The for-profit colleges in the US churn out graphic design graduates is disgustingly high numbers.  It's an easy program to sign people up for because is sounds fun.  \"\"Art is fun, computers are fun.  Make it a career!\"\"  However there really aren't that many graphic design positions available.  Lots of unemployed or underemployed graphic designers means that more of them are willing to work for cheap or free to beef up their resumes.  Cheap freelance options means companies are getting rid of in-house designers.  Those of us that are left can no longer earn what we're worth but to keep doing what we love we have to suck it up and work the long unpaid hours for less pay.  similar things are taking place in a lot of sought after professions like finance, law, advertising, public relations, government, and various non-profits.  It's not terribly ethical, but it's hard to blame employers for not paying interns then they're salivating for a chance to run coffee just to get a foot in the door.  TL;DR: People want their long term career choice worse than they want to get paid immediately.\""}
{"_id": "101557", "title": "", "text": "\"In general, insurance payouts you receive in compensation for damage to your vehicle are not taxable income (see for instance this Nolo page). However, I don't see how that is related to your three bullet points about how your sister should buy her car.  You can transfer the money to her in any way that's convenient to both of you.  Whether the dealership will accept cash is something you'll have to ask them about, but my impression is most dealers are eager to accept cash. As long as the car you are getting from her is not worth substantially more than the $8500 you're giving her, I don't see that you'll be in trouble income-tax-wise.  As mentioned in the question you linked to, you can give each other up to $14k per year tax-free.  So if you give her a $8500 and she gives you a car worth roughly the same amount, no problem.  If you actually do it as a sale, even better, since then the only amount that will count as a gift to either of you is whatever one party gets above and beyond the fair value of the car.  (That is, if the car is worth $10000 but she sells it to you for $8500, she effectively gave you a gift of $1500 in car value.  If it's worth $7000 but she sells it to you for $8500, you gave her a gift of $1500 in cash.) As Rocky pointed out in a comment, if you do a sale it may be subject to sales tax depending on what state you're in.  In practice it is very common for people to not deal with sales tax in informal transactions like this between family members, but you do owe it if your state's laws require it, and the state could theoretically come after you for it. Another edit: I see from your comment you are in Michigan.  According to this page from the Michigan Secretary of State, \"\"no tax is due if you purchase a vehicle from an immediate family member\"\".  So you would not owe sales tax if you do it as a sale.\""}
{"_id": "101578", "title": "", "text": "First you need to distinguish between short-term and long-term capital gains. In an IRA you can use investment strategies that incur short-term capital gains without being taxed as ordinary income. As mentioned in a comment above, with a Roth IRA, you can invest now at your low income tax rates and withdraw all gains without incurring any taxes at retirement time. You can also pull out your contributions penalty free before retirement age (59 1/2) if you've had the account for more than 5 years. You only pay taxes and penalties on the earnings. You can also make withdrawals for education expenses and you have one lifetime exclusion of $10,000 for a down-payment on a house."}
{"_id": "101580", "title": "", "text": "\"The short of it is that bonds are valued based on a fundamental concept of finance called the \"\"time value of money\"\". Stated simply, $100 one year from now is not the same as $100 now. If you had $100 now, you could use it to make more money and have more than $100 in a year. Conversely, if you didn't invest it, the $100 would not buy as much in a year as it would now, and so it would lose real value. Therefore, for these two benefits to be worth the same, the money received a year from now must be more than $100, in the amount of what you could make with $100 if you had it now, or at least the rate of inflation. Or, the amount received now could be less than the amount recieved a year from now, such that if you invested this lesser amount you'd expect to have $100 in a year. The simplest bonds simply pay their face value at maturity, and are sold for less than their face value, the difference being the cost to borrow the cash; \"\"interest\"\". These are called \"\"zero-coupon bonds\"\" and they're around, if maybe uncommon. The price people will pay for these bonds is their \"\"present value\"\", and the difference between the present value and face value determines a \"\"yield\"\"; a rate of return, similar to the interest rate on a CD. Now, zero-coupon bonds are uncommon because they cost a lot. If I buy a zero-coupon bond, I'm basically tying up my money until maturity; I see nothing until the full bond is paid. As such, I would expect the bond issuer to sell me the bond at a rate that makes it worth my while to keep the money tied up. So basically, the bond issuer is paying me compound interest on the loan. The future value of an investment now at a given rate is given by FV = PV(1+r)t. To gain $1 million in new cash today, and pay a 5% yield over 10 years, a company or municipality would have to issue $1.629 million in bonds. You see the effects of the compounding there; the company is paying 5% a year on the principal each year, plus 5% of each 5% already accrued, adding up to an additional 12% of the principal owed as interest. Instead, bond issuers can offer a \"\"coupon bond\"\". A coupon bond has a coupon rate, which is a percentage of the face value of the bond that is paid periodically (often annually, sometimes semi-annually or even quarterly). A coupon rate helps a company in two ways. First, the calculation is very straightforward; if you need a million dollars and are willing to pay 5% over 10 years, then that's exactly how you issue the bonds; $1million worth with a 5% coupon rate and a maturity date 10 years out. A $100 5% coupon bond with a 10-year maturity, if sold at face value, would cost only $150 over its lifetime, making the total cost of capital only 50% of the principal instead of 62%. Now, that sounds like a bad deal; if the company's paying less, then you're getting less, right? Well yes, but you also get money sooner. Remember the fundamental principle here; money now is worth more than money later, because of what you can do with money between now and later. You do realize a lower overall yield from this investment, but you get returns from it quickly which you can turn around and reinvest to make more money. As such, you're usually willing to tolerate a lower rate of return, because of the faster turnaround and thus the higher present value. The \"\"Income Yield %\"\" from your table is also referred to as the \"\"Flat Yield\"\". It is a very crude measure, a simple function of the coupon rate, the current quote price and the face value (R/P * V). For the first bond in your list, the flat yield is (.04/114.63 * 100) = 3.4895%. This is a very simple measure that is roughly analogous to what you would expect to make on the bond if you held it for one year, collected the coupon payment, and then sold the bond for the same price; you'd earn one coupon payment at the end of that year and then recoup the principal. The actual present value calculation for a period of 1 year is PV = FV/(1+r), which rearranges to r = FV/PV - 1; plug in the values (present value 114.63, future value 118.63) and you get exactly the same result. This is crude and inaccurate because in one year, the bond will be a year closer to maturity and will return one less coupon payment; therefore at the same rate of return the present value of the remaining payout of the bond will only be $110.99 (which makes a lot of sense if you think about it; the bond will only pay out $112 if you bought it a year from now, so why would you pay $114 for it?). Another measure, not seen in the list, is the \"\"simple APY\"\". Quite simply, it is the yield that will be realized from all cash flows from the bond (all coupon payments plus the face value of the bond), as if all those cash flows happened at maturity. This is calculated using the future value formula: FV = PV (1+r/n)nt, where FV is the future value (the sum of the face value and all coupon payments to be made before maturity), PV is present value (the current purchase price), r is the annual rate (which we're solving for), n is the number of times interest accrues and/or is paid (for an annual coupon that's 1), and t is the number of years to maturity. For the first bond in the list, the simple APY is 0.2974%. This is the effective compound interest rate you would realize if you bought the bond and then took all the returns and stuffed them in a mattress until maturity. Since nobody does this with investment returns, it's not very useful, but it can be used to compare the yield on a zero-coupon bond to the yield on a coupon bond if you treated both the same way, or to compare a coupon bond to a CD or other compound-interest-bearing account that you planned to buy into and not touch for its lifetime. The Yield to Maturity, which IS seen, is the true yield percentage of the bond in time-valued terms, assuming you buy the bond now, hold it to maturity and all coupon payments are made on time and reinvested at a similar yield. This calculation is based on the simple APY, but takes into account the fact that most of the coupon payments will be made prior to maturity; the present value of these will be higher because they happen sooner. The YTM is calculated by summing the present values of all payments based on when they'll occur; so, you'll get one $4 payment a year from now, then another $4 in two years, then $4 in 3 years, and $104 at maturity. The present value of each of those payments is calculated by flipping around the future value formula: PV = FV/(1+r)t. The present value of the entire bond (its current price) is the sum of the present value of each payment: 114.63 = 4/(1+r) + 4/(1+r)2 + 4/(1+r)3 + 104/(1+r)4. You now have to solve for r, which is difficult to isolate; the easiest way to find the rate with a computer is to \"\"goal seek\"\" (intelligently guess and check).  Based on the formula above, I calculated a YTM of .314% for the first bond if you bought on Sept 7, 2012 (and thus missed the upcoming coupon payment). Buying today, you'd also be entitled to about 5 weeks' worth of the coupon payment that is due on Sept 07 2012, which is close enough to the present day that the discounted value is a rounding error, putting the YTM of the bond right at .40%. This is the rate of return you'll get off of your investment if you are able to take all the returns from it, when you receive them, and reinvest them at a similar rate (similar to having a savings account at that rate, or being able to buy fractional shares of a mutual fund giving you that rate).\""}
{"_id": "101589", "title": "", "text": "the math makes sense to invest instead of paying down, but... how much would you borrow at 3.5%, to invest the money into the stock market? It's the same question, just turned around."}
{"_id": "101599", "title": "", "text": "Someone please feel free to correct me on this, but I believe the point is that the HSA is used to pay for that high deductible, and the insurance takes care of additional costs beyond the deductible.  I believe your premiums are lower as a result of the high deductible, but the HSA money helps to offset that cost of those deductibles when you encounter them."}
{"_id": "101600", "title": "", "text": "The only certain way is to have the issuer confirm it. You'd think there would be a better way, but no there isn't. I suggest you read this story about what can happen even if you are the innocent victim trying to cash a fraudulent Cashier's Check. The consequences included some jail time and huge attorney fees for this unlucky person."}
{"_id": "101604", "title": "", "text": "This is actually a very good point - any money that is spent on an employee in excess of the bare minimum required for them to perform their job should be viewed as a component of total rewards. You can directly extend OP's logic to any other form of compensation or benefits - Why let public employees take PTO except for when mandated by federal or state law? Why not target the 10th percentile of the market for all federal jobs? Why provide employees with retirement benefits? The answer to all of the above is that all elements of a total rewards package are necessary to attract, retain, and develop good employees.      I've done consulting in the sphere of organizational structure, design, and development. I've seen the type of employees that a bare-bones total rewards philosophy attracts, and I'm not sure that I want them working for the public."}
{"_id": "101613", "title": "", "text": "Really?  the Post Office is the only anti-competitive resource you have?  You've brought it up what, four times now?  Tell me, what are the other anti-competitive things you are worried about?  Trump's tax cuts for the rich?  That's gonna bring a ton of competition /s  Oh wait!  It does the OPPOSITE!  Yes, The Post Office is bad for competition!  I already agreed with this!  Why are we rehashing it?!"}
{"_id": "101614", "title": "", "text": "I think what you will see is Amazon turning into a Sams/costco style where they have warehouse shopping centers to directly compete with other club memberships. If they get buildings added to the shopping package they offer, prime memberships will skyrocket and then the days might be numbered for Costco and Sams. How do you compete with a company that offers shipping at a loss to them and can now compete with all your in store options."}
{"_id": "101632", "title": "", "text": "I have run Noscript and a version of ad blocker for years.  Google is not doing it for us but to protect their precious ad revenue. Less intrusive ads might not get blocked.   I also really hate the ads that blink. That is what got me started on ad blocker.   All I can say is that it's about time that some restraint was used to keep the visual and auditory pollution down."}
{"_id": "101636", "title": "", "text": "Best Soccer Balls offers a great selection of the cheaper and premium soccer balls in the industry. From premium match balls and game balls to keeper training soccer balls and indoor soccer balls, Best cheap soccer balls. We strive to keep all of the new soccer balls and accessories in stock for our valuable customers. Our selection of Nike, Adidas soccer balls includes premium game balls."}
{"_id": "101663", "title": "", "text": "&gt; They pay for it with tax money. Why would they have to make people work for free that doesn't even make sense.  Where do you think tax money comes from?  If you pay a 25% tax rate, for every 100 hours you work, you are forced to work 25% of those for free.  Do you think the poor in America are in danger of starving to death?  They are one of the most obese groups in all of human history.  They are not in danger of starving.  Most people don't want tons of kids, but those in poverty have 15% more children than the rest of us.  That is a dangerous statistic that should be addressed.  You cannot escape from poverty by adding more bills and responsibility."}
{"_id": "101684", "title": "", "text": "\"Fair enough. I used to travel a lot (within a 100km of my home) and ended up eating at a lot of McDonalds. Ones that hadn't been renovated for the new \"\"look\"\", were near a border or were in a Walmart tended to be shittier. Ones in downtown used to be pretty consistent but I guess that probably has a bit to do with them being busier as well (no shitty McChickens that are crunchy because they've been heated too long).      Location | Food ---|--- France (Paris DT) | Good, fresh (as can be), slightly smaller portions US border (pennselvania) | sloppy as fuck, tons of sauce Italy (Rome) | Pretty good, like france except normal portions Germany (Frankfurt Airport) | pretty shit, stale burgers, stale fries, flat pop [armenians working there don't give a fuck] Malaysia (Kuala Lampur) | Acceptable, some local options on the menu Denmark | Pretty good, but different from NA McDicks. Different batter used on fried chicken, mayo tastes like grocery store stuff (for better or for worse) Sweden/Norway | See denmark London (Heathrow Airport) | Good, see italy Sri Lanka (Colombo DT) | Some odd topping choices, got a McChicken with cheese, not my thing personally Toronto DT | Hot food and fresh (as can be)\""}
{"_id": "101701", "title": "", "text": "If Trump does well, which I am 90% sure he will, then I will vote for him again.  Unless (!!!!), the DNC fight and fix the corruption in it and a descent Democratic candidate is chosen. I give less than 10% chance for this to happen (DNC fixing itself).   Hence, even if the DNC fix itself and we have a candidate like Kamala Harris (crazy far-left), I will not vote Democrats.  **I would have voted for Democrat O'Mally in the last elections if was nominated. But Hillary rigged it against him and Bernie.**"}
{"_id": "101702", "title": "", "text": "Event Organizers \u2013 If you are looking for experienced and expert event planners in Manchester, then you are just at the right place. Inevent offers event planning services in Manchester, UK. The company has A grade event management team to make your event the most memorable, inspiring and effective."}
{"_id": "101715", "title": "", "text": "&gt; and have it be predominantly black  No idea where you got that but lets assume its legit / accurate. How would it be legal under non discrimination laws? Also, again if this is legit, good luck with it. (site turns into a ghetto in 3... 2..)"}
{"_id": "101720", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/crypto] [$100bn Challenge (weak crypto)](https://np.reddit.com/r/crypto/comments/6govis/100bn_challenge_weak_crypto/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "101732", "title": "", "text": "Right you just summed up the conventional wisdom, which is pretty much that poor people are stupid. But in small experiments so far, it's turned out that poor people know exactly what their biggest problem is, and when they've got the money they fix that problem. It's not always what know-it-all Westerners expected, but it's usually effective."}
{"_id": "101735", "title": "", "text": "*Checks comments to see if anyone has any interesting or intelligent takes on this that maybe I haven't thought of.   *Sees 2 idiots pretending that climate change isn't real? Or something? Not even really sure what they're trying to say.   *Leaves  Edit: *Gets down voted by idiot climate change deniers.   *Still knows they're morons."}
{"_id": "101748", "title": "", "text": "I don't think there is a legal requirement that you need a separate bank account. Just remember that you can only take money from your LLC as salary (paying tax), as dividend (paying tax), or as a loan (which you need to repay, including and especially if the LLC goes bankrupt). So make very sure that your books are in order."}
{"_id": "101750", "title": "", "text": "could I decline it so the money would be returned back to the account they were transferred from? As a general banking practise, there is nothing automated that will allow you to mark something as return the funds. You would have to approach your Bank with a written statement mentioning that you don't recognise this credit as belonging to you and request the bank to take appropriate action."}
{"_id": "101760", "title": "", "text": "A) Q1) No, you beat the system, you benefit from flip side of 'use it or lose it'    Q2) You need to ask, they may have a $50/week limit, or they may divide the amount you wish by remaining time in year. They may also not let you start till next enrollment period. B) Q1) No, in fact, you just lost $400 that you deposited but didn't spend. Q2) You missed the opportunity to spend an extra $1000 as well, but the loss was opportunity not pocket. Q3) Same as Q2 above, ask them. C) These accounts are not coupled. I'd change the law to do so, however, I am not a congressman."}
{"_id": "101764", "title": "", "text": "\"When you give a gift to another person or receive a gift from another person there is no impact on your taxes. You do not have to report certain amounts in your income, including the following: ...   -most gifts and inheritances; http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/rprtng-ncm/nttxd-eng.html If you give a gift to a charity or similar organization you can reduce your taxes. It is my recollection that when a family member gives a large amount of money to a child, tax on the income that money earns (typically interest) should be paid by the giver, not the child, but I can't find any publications to that effect on the CRA Site. There is a bit of language about \"\"Gifts\"\" from an employer that are really employment income: Gifts and other voluntary payments 1.3 The term gift is not defined in the Act. In common law jurisdictions, the courts have said that a bona fide gift exists when:   \u2022There is a voluntary transfer of property,   \u2022A donor freely disposes of his or her property to a donee, and   \u2022The donee confers no right, privilege, material benefit, or advantage on the donor or on a person designated by the donor. 1.4 Whether a transfer of property has been made voluntarily is a question of fact. In order for a transfer to be considered voluntary, there must be no obligation to make such a transfer. Amounts received as gifts, that is, voluntary transfers without consideration and which cannot be attributed to an income-earning source, are not subject to tax in the hands of the recipient. 1.5 However, sometimes individuals receive a voluntary payment or other valuable transfer or benefit by virtue of an office or employment from an employer, or from some other person. In such cases, the amount of the payment or the value of the transfer or benefit is generally included in employment income pursuant to subsection 5(1) or paragraph 6(1)(a). (See also Guide T4130, Employers\u2019 Guide - Taxable Benefits and Allowances.) Similarly, voluntary payments (or other transfers or benefits) received by virtue of a profession or in the course of carrying on a business are taxable receipts. http://www.cra-arc.gc.ca/tx/tchncl/ncmtx/fls/s3/f9/s3-f9-c1-eng.html#N10244 If the people in question are adults who are not related to each other and don't have a business or employment relationship, then you should find that regardless of the amount of the gift, neither giver nor recipient will have a tax consequence.\""}
{"_id": "101767", "title": "", "text": "\"The abysmal stats on personal savings concern me the most.  When push comes to shove, these people will vote to steal from those of us who made wise financial decisions and were responsible savers.  Forced draw downs of 401k's before retirement age?  Taxation on internal gains in retirement plans?  \"\"Wealth\"\" taxes on retirement balances?  It's coming in some form or another.  Stay vigilant!\""}
{"_id": "101796", "title": "", "text": "There is a clear difference between investing and gambling.  When you invest, you are purchasing an asset that has value. It is purchased in the hopes that the asset will either increase in value or generate income. This definition holds true whether you are investing in shares of stock, in real estate, or in a comic book collection. You can also purchase debt: if you loan money, you own debt that will (hopefully) be repaid and generate income.  Gambling is playing a game for chance. When you gamble, you have not purchased an asset; you have only paid to participate in a game. Some games have a degree of skill (blackjack, poker), others are pure chance (slot machine). In most gambling games, the odds are against the player and in favor of the one running the game.  Lottery tickets, without a doubt, are gambling.  There is a good article on Investopedia that discusses the difference between investing and gambling in more detail.  One thing that this article discusses is the house edge, or the advantage that the people running a gambling game have over the players.  With most casino games, the house has an advantage of between 1 and 15% over the players.  With a typical lottery, the house edge is 50%. To address some of the points made by the OP's recent edit and in the comments: I do not think the definitions of investment and gambling need to be dependent on expected value.  There can be bad investments, where the odds of a good result are low.  Similarly, there could be gambling games where the odds are in the player's favor, either due to the skill of the player or through some quirk of the game; it's still gambling. Investing is purchasing an asset; gambling is a game of chance. I do not consider a lottery ticket an asset.  When you buy a lottery ticket, you are just paying a fee to participate in a game.  It is the same as putting a coin in a slot machine.  The fact that you are given a piece of paper and made to wait a few days for the result do not change this. Assets have inherent value.  They might be valuable because of their ability to generate income (stocks, bonds, debt), their utility (precious metals, commodities, real estate), or their desirability as a thing of beauty (collectibles), for example.  A lottery ticket, however, is only an element of a game.  It has no value other than in the game."}
{"_id": "101813", "title": "", "text": "That article was proven to be inaccurate because they did not account for a lot of factors. Here's a good article that summarizes their mistakes and poor assumptions. https://cleantechnica.com/2017/06/22/swedish-ev-battery-study-sucks/  It's ok to try to be fair but do it with accurate studies and good science."}
{"_id": "101816", "title": "", "text": "Yes, you are getting shafted. In the end, you will have paid the full price of the condo, but still own only 25% of it. Your parents' stake in the home should decrease as you repay the loan. The way it is now, they're getting 75% of your condo for free!"}
{"_id": "101835", "title": "", "text": "\"Your interpretation is *reasonable*, yes. But I think the author -- here, at least -- has an alternative interpretation that applies just as frequently.  In a large and/or public company, especially one that is not in a strong growth period, there is an *incredible* incentive to not get blamed -- and therefore, fired or undesirably transferred -- if something goes wrong.   The CYA approach may lead to a better decision by seeking best practices, or it may not. A given situation may be better served by some variation on best practicies. But the author is right in that CYA is top-of-mind in decision-making for many.  If something fails, but the decision-maker has done sufficient CYA -- \"\"We followed best practices but we hit a perfect storm of headwinds...\"\" -- then failure doesn't matter.\""}
{"_id": "101836", "title": "", "text": "Simple.  Say in 2012 you were up 50% (brilliant) but then in 2013 you were down 50% (sorry). i.e. if you started with $1000, you were up to $1500, then down to $750. You lost $250 overall. If you were to compute the mean of the percentages using each method, then: Arithmetic mean: The average of +50% and -50% (really 150% and 50% of each period's initial value) is zero, not up or down. Geometric mean: 1.5 * .5 = .75, i.e. you are down 25% over 2 years, or about 13.4% per year. It should be clear the Geometric makes more sense in such a case."}
{"_id": "101852", "title": "", "text": "No. Investors purchase ETFs' as they would any other stock, own it under the same circumstances as an equity investment, collecting distributions instead of dividends or interest. The ETF takes care of the internal operations (bond maturities and turnover, accrued interest, payment dates, etc.)."}
{"_id": "101854", "title": "", "text": "\"If you speak English maybe put a sign up saying that you do.  I would prefer an English speaking driver over a non English speaking driver simply because it would be easier to communicate.  Maybe add some bright colors to make it more inviting?  Have a sign that says \"\"Free Smiles/Laughs With Ride\"\".  Start an Instagram page and become active on social media.    Best of luck, if I am ever in Siem Reap I will find you for a ride.\""}
{"_id": "101867", "title": "", "text": "Generally, anyone can. Selling them is an interesting point, as the buyer has a counterparty risk that you won't be able to pay at the term of the contract. So, if I was a vendor buying a derivative in my example, I would definitely get that derivative from a bank as opposed to my friend Jim Bob. Especially in cases of bespoke derivatives, it doesn't make sense for anyone except people who have material interest to by it, as the expectation value of the hedge is negative. Essentially, you're more likely to lose money than gain money from a hedge. The exception is when you have information above that of the market, which could allow for a positive return. That is the reason that people advocate for derivatives as mechanisms of price discovery, because large imbalances aren't likely to form when someone could arbitrage or even just take positions when the market goes out of whack. That only really works in publically traded markets, however, bespoke derivatives don't really contribute to better pricing afaik.  Of course, that's the simple explanation to a huge, complex, and varied field. Certainly, speculators exist, particularly in the more commoditized derivatives. Especially in the leadup to the financial crisis, large amounts were spent on exotic derivatives that blew up in people's faces. The easiest thing to say about them is that they are double edged swords. In theory, they're fantastic, as it allows risk to be spread around to people that want it. It should lead to a safer system, as hedged comapnies are less exposed to shocks and are more resilient. But in practice, we've alao seen them used as risk concentrators (AIG). We've seen cases where correlations arise that weren't assumed before, and what used to be manageable positions become lead weights. We've seen the dangers that large systemically important financial institutions have when they are a counterparty to tens of trillions in notional derivatives, as when they fail the risk of failure is over every derivative they are counterparty to, not just the hedged exposure.   Sorry, this is more than you asked for. I tend to get carried away."}
{"_id": "101870", "title": "", "text": "Ihre Zahungen sind bei uns sicher --F\u00fcr jedes Unternehmen kommt irgendwann der Punkt, an dem ein Mahnverfahren notwendig wird. Hier gilt es wichtige Fristen einzuhalten, \u00fcber die man sich vorab entsprechend informieren sollte um ein korrektes Verfahren durchzuf\u00fchren."}
{"_id": "101877", "title": "", "text": "\"Even for me (I keep a fair bit of \"\"cash\"\" on hand because I'm self-employed) it would be a challenge to keep 5k in my checking account all the time when it could be in tax-deferred accounts making me money instead. I put the bare minimum in checking every two weeks as I've found when I leave money there it gets spent.\""}
{"_id": "101878", "title": "", "text": "I don't think you can make that comparison at all. The '02 prius isn't using the same battery type as a new hybrid or EV and the charge/discharge and usage cycles are different between EV's and hybrids. There hasn't been enough EV's on the market to get good data as of yet, but the Leaf has had issues with failing batteries in warm climates. Nissan also claims that the battery should lose about 20% of it's performance over 60k miles (a far cry from negligible)."}
{"_id": "101883", "title": "", "text": "B\u1ea5t c\u1ee9 khi n\u00e0o b\u1ea1n mu\u1ed1n c\u1ea3i thi\u1ec7n \u0111i\u1ec1u ki\u1ec7n nh\u00e0 v\u1edbi v\u1eadt li\u1ec7u ch\u1ea5t l\u01b0\u1ee3ng cao c\u1ee7a th\u1ea1ch cao ho\u1eb7c trang tr\u00ed tr\u1ea7n nh\u00e0. \u0110i\u1ec1u n\u00e0y s\u1ebd gi\u00fap b\u1ea1n ti\u1ebft ki\u1ec7m \u0111\u01b0\u1ee3c r\u1ea5t nhi\u1ec1u n\u1ed7 l\u1ef1c v\u00e0 s\u1ed1 ti\u1ec1n b\u1ea1n ph\u1ea3i tr\u1ea3 cho m\u1ed9t chuy\u00ean gia \u0111\u1ec3 l\u00e0m l\u1ee3i cho b\u1ea1n. V\u1edbi nh\u1eefng ch\u01b0\u01a1ng tr\u00ecnh nh\u01b0 v\u1eady, b\u1ea1n tin t\u01b0\u1edfng v\u00e0o nh\u1eefng k\u1ebft qu\u1ea3 nhanh ch\u00f3ng v\u1edbi m\u1ed9t c\u00fa nh\u1ea5p chu\u1ed9t m\u00e1y t\u00ednh. C\u1ea3i t\u1ea1o, c\u1ea3i t\u1ea1o, s\u1eeda ch\u1eefa ph\u00e1t tri\u1ec3n, thi cong tran thach cao v\u00e0 c\u00e1c c\u00f4ng tr\u00ecnh kh\u00e1c. \u0110\u1ec3 ph\u00e2n t\u00edch nhanh h\u01a1n, h\u00e3y \u0111\u1ea3m b\u1ea3o b\u1ea1n bi\u1ebft t\u1eeb kh\u00f3a v\u00e0 c\u1ee5m t\u1eeb t\u00ecm ki\u1ebfm, v\u00ed d\u1ee5: Tr\u1ea7n gi\u1ea3 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c l\u00e0m t\u1eeb c\u00e1c ch\u1ea5t kh\u00e1c nhau bao g\u1ed3m Th\u1ea1ch cao, Kho\u00e1ng ch\u1ea5t Kho\u00e1ng s\u1ea3n v\u00e0 Kim lo\u1ea1i."}
{"_id": "101889", "title": "", "text": "\"&gt;&gt;&gt; it means you can't compare education to any good for sale  &gt;&gt; Why not?  &gt; For the reason that I already gave  I don't know what reason that is.  You sort of suggested that education is not a good because you are forced to buy it but you're not forced and even if you were that doesn't mean it's not a good.  Otherwise you have just repeated that \"\"Education is not a consumable good\"\" without any justification.  &gt; Who pays for inner city public schools? Not the students that want part of being there  By that logic, children's toys are not a product either because the kids who play with them don't pay for them.\""}
{"_id": "101902", "title": "", "text": "Assuming you max-out your Roth IRA with $5000 in inflation-adjusted contributions every year from 25-65, your balance at age 65 will depend on the post-inflation return you get in the account.  Assuming you withdraw 4% per year after that, here is what your income will be: (All numbers are in inflation-adjusted 2011 dollars.)   If your post-inflation return is zero - if you buy treasury bonds, money-market accounts, or something like that - you'll have a simple $5000 * 40 = $200,000, which will give you an income of around $8000 per year. If you get a 3% post-inflation return - e.g. fairly safe Muni bonds, corporate bonds, and boring stocks - you'll approximately double your money to around $393,000, giving you an income of over $15,000 per year. If you get a 6% return - e.g. more aggressive stocks and more risk-taking - you'll approximately double your money again to over $825,000.  A 4% withdrawal rate will give you an income of around $33,000 per year. Stocks have historically returned around inflation + 8% - that will get you over $1.4 million - and an annual income of over $56,000 per year. So, yes, it is feasible to retire on nothing but a maxed-out Roth IRA."}
{"_id": "101920", "title": "", "text": "Listening to the only Engineer's *Union* that I know of trying to argue for their union employees is novel, only because it's engineers.   There is nothing fundamentally wrong with outsourcing, but it does have to be done right. Too often, project managers just see it as a cost savings without really understanding the proper methods and costs to do so.   My guess is that, if you haven't done large-scale outsourcing before, you should expect the total might be more than doing it in-house. The benefit of outsourcing should be a better product and, eventually, a somewhat reduced total cost."}
{"_id": "101939", "title": "", "text": "Everyone just wants to argue about Trump. Sure, he's a moron and doing an awful job, but while we're busy fighting about it, the rest of the government is free to mold things as they please, with the masses none the wiser."}
{"_id": "101940", "title": "", "text": "\"So, let's dump the specified way of doing things because it doesn't implement someone's pet project; is that your argument? \"\"Executive Orders\"\" are orders *to the Executive Branch*. Executive-branch agencies *aren't making laws*.  If you think things ought to work as your fantasy describes, get cracking on a Constitutional amendment to make it so; stop throwing \"\"war on whites\"\" and \"\"don't believe in science\"\" strawmen in the mix. They aren't arguments.\""}
{"_id": "101943", "title": "", "text": "And the fact that if notes trade up high enough they tend to get taken out with lower yielding notes (pending the call schedule), so in theory there is more limited upside in high-yield, whereas equity could theoretically trade to infinity.  The positives for high-yield is that they generate monthly cash flow via coupon payments and have less down-side relative to equities. Naturally this lower down-side comes at the expense of lower up-side as well."}
{"_id": "101966", "title": "", "text": "\"Not if they're unfunded and the company goes under, they don't.  And more accurately, defined benefit plans have (perceived) value only to people who don't have the first clue how to soundly invest their own retirement funds - Which admittedly means \"\"almost everyone\"\".  But TANSTAAFL - Even the rare pension plan that is fully funded and soundly invested will *still* tend to underpeform the market as a whole.  If you really want to lock in a sub-5% return, just sink your entire retirement into whole-life annuities and you can gleefully call it a \"\"pension\"\".\""}
{"_id": "101986", "title": "", "text": "\"At this point the planet will cook due to the 30 gigatons of methane that will be released from the melting permafrost (and other similar feedback loops such as anticipated vast releases from the warming oceans etc.) pretty much regardless of the economic system.  But Capitalism's general \"\"profit at any cost\"\" mentality would seem to make it particularly poorly suited to even slowing the cook...\""}
{"_id": "101993", "title": "", "text": "It's because they're used to it and it works for them.  Everything other reason is meh. Used to, you could float a check to payday... have no money in the account, yet write a check a couple days before payday because you know that's how long it takes for the check to get to your bank and when it does, you'll have the money.   But most (if not all) business that still accept checks (a dying subset, for sure) electronically present the check now.  They take it from your hand, run it through a machine at the register, and it immediately clears the bank, just like a debit card would.   We're nearing the end of the check era, atleast on personal accounts.  Kids growing up now won't even know what a check is, aside from it's namesake on a type of bank account."}
{"_id": "102002", "title": "", "text": "Is it normal in QuickBooks to have credit card expenses being shows as   liabilities? Is there a way I can correct this? If they are expenses they shouldn't be negative liabilities unless you overpaid your credit card by that amount. It sounds like perhaps when you linked the account the credit/debit mapping may have been mixed up. I've not used QB Online, but it looks like you might have to un-link the account, move all the existing transactions to 'excluded' and then link the account again and flip-flop the debit/credit mapping from what it is now. Hopefully there's an easier way. This QB community thread seems to address the same issue."}
{"_id": "102006", "title": "", "text": "\"Yes, I would agree we are arguing two things. One that is reality, and what that is not.   Reality is that while living in modern civilization, there is going to be a \"\"tax\"\" that we all have to pay, no matter where we are for the creation and maintenance of that stability.\""}
{"_id": "102017", "title": "", "text": "Micromax is a very interesting company. Their made to order chinese phones are shit, but cheap. At the most they are value for money. Which makes them a huge player in India. Combined with good marketing, somewhat acceptable after sales and some android magic, this company is raking in billions. They should really invest some of this money into R&amp;D, imho. Manufacture something at least."}
{"_id": "102023", "title": "", "text": "Because people bought their shares under the premise that they would make more money and if the company completely lied about that they will be subject to several civil and criminal violations. If people didn't believe the company was going to make more money, they would have valued their shares lower during the IPO by not forming much of a market at all."}
{"_id": "102026", "title": "", "text": "It definitely depends on the exchange you are trading on. I'm not familiar with Scottrade, but a standard practice is to fulfill limit orders in the order they are placed.   Most of the time, you wouldn't see stocks trade significantly under your bid price, but since penny stocks are very volatile, it's more likely their price could drop quickly past your bid and then return above it while only fulfilling a portion of the orders placed. Example 1. Penny stock priced at $0.12 2. Others place limit orders to buy at $0.10 3. You place limit order to buy at $0.10 4. Stock price drops to $0.07 and some orders are filled (anything $0.07 or higher) based on a first-come first-served basis 5. Due to the increase in purchases of the penny stock, the price rises above $0.10 before your order is filled ***EDIT*** - Adding additional clarification from comment section. A second example If the price drops from $0.12 to $0.07, then orders for all prices from $0.07 and above will start to be filled from the oldest order first. That might mean that the oldest order was a limit buy order for 100 shares at $0.09, and since that is above the current ask price, it will be filled first. The next order might be for 800 shares at $0.07. It's possible for a subset of these to be filled (let's say 400) before the share's price increases from the increased demand. Then, if the price goes above $0.10, your bid will not be filled during that time."}
{"_id": "102029", "title": "", "text": "\"What you're asking for is a short-term, large return investment. When looking for big returns in a short period of time, risk is inevitable. The more risk you are willing to assume, the higher your potential returns. Of course, the flip is is that the higher your risk, the higher the potential to lose all your money! Since this is an exercise for school (and not real money and not your life savings) your best bet is to \"\"go big or go home\"\". You can safely assume 100% risk! Don't look for value stocks, dividend stocks, or anything that pays a steady return over a long period of time. Instead, look for something risky that has the potential of going up, up, up in the next few months. Are you allowed to trade options in your fake portfolio? Options can have big risk and big reward potential. Penny stocks are super volatile, too. Do some research, look for a fad. In other words, you will most likely lose it all. But you get a little lucky, you could win this thing outright by making some risky investments. A 5% chance of winning $3000 vs 95% of going broke may be pretty good odds if everyone else is value investing for just a few months. You will need to get lucky. Go big or go home!\""}
{"_id": "102034", "title": "", "text": "\"I don't know sports or athletes, but: https://coed.com/2016/08/29/tim-duncan-net-worth-how-much-is-tim-duncan-worth-money-spurs-nba-contract/  Sounds like yes, exactly like Duncan did.  edit: \"\"From 2005 to 2013, Tim Duncan lost $20 million due to to bad investments suggested to him by his financial advisor, Charles Banks, which ended in a lawsuit.\"\"  Okay, I see the reference, that's shitty that he lost 20m, but that's the nature of investing.\""}
{"_id": "102064", "title": "", "text": "Sarcasm value aside... Suppose there was a gas leak in a building and somebody predicted that there would be an explosion.  Would you think that prediction is worthless if they couldn't tell you exactly when or which spark, cigarette lighter, or device would actually ignite the gas?  Well ... that's what he's saying."}
{"_id": "102066", "title": "", "text": "\"Source?? Let me see all your evidence. What apps are you downloading and giving info too without permission? They have to request data and you have to click on \"\"allow\"\"-- its baked into the API. Please show me your sources that show Apple knowingly allows apps to have and distribute my personal information without asking for permission.   These apps have access to all the encrypted data on my phone without my knowledge?? Please show me sources.\""}
{"_id": "102069", "title": "", "text": "My friend lent that book to me over the summer, I read it in a few days, I couldn't put it down. The topic and his writing was so provocative that it made me want to pursue a career in finance. If you have other book recommendations I would greatly appreciate it."}
{"_id": "102075", "title": "", "text": "Not directly an answer to your question, but somewhat related: There are derivatives (whose English name I sadly don't know) that allow to profit from breaking through an upper or alternatively a lower barrier. If the trade range does not hit either barrier you lose. This kind of derivative is useful if you expect a strong movement in either direction, which typically occurs at high volume."}
{"_id": "102076", "title": "", "text": "One of the many reasons why condominiums became popular in the Philippines as a modern family-home is because of its location, in which most of these types of [condo in Philippines](http://www.ayalalandpremier.com/One-serendra.php) are found outside Metro Manila, either in the outskirts or in some popular neighboring provinces surrounding the capital, such as in Tagaytay and Laguna. These types of condominiums are known as condominium complexes."}
{"_id": "102081", "title": "", "text": "You can look at buying a house as being a long term investment in not paying rent.   In the short time there are costs to buying (legal, taxes, etc).   This depends on only buying house of the size/location you need e.g. no better then what you would have rented. House buying tent to work out best when there is high inflation, as the rent you would otherwise be paying goes up with  inflation \u2013 provided you can live with the short term pain of high interest rates."}
{"_id": "102088", "title": "", "text": "\"The risk is that you will owe the bank the principal amount of the mortgage. Based on your question it would be foolish for you to sign. Anyone who describes a mortgage as \"\"something\"\" obviously has no idea what they are doing and should never sign a mortgage which is a promise to pay hundreds of thousands of dollars. You would be doubly foolish to sign the mortgage because if you are guaranteeing the loan, you own nothing. So, for example, if your friend sold the house, pocketed the money, then left the country you would owe the full amount of the mortgage. Since you are not on the deed there is no way you can prevent this from happening. He does not need your approval to sell the house. So, essentially what your \"\"friend\"\" is doing is asking you to assume all the risk of the mortgage with none of the benefits, since he gets the house, not you. If a \"\"girlfriend\"\" is involved, that just increases the risk you will have a problem. Also, although it is not clear, it appears this is a second house for him. If so, that disqualifies him from any mortgage assistance or relief, so the risk is even higher. Basically, it would foolish in the extreme to co-sign the loan.\""}
{"_id": "102096", "title": "", "text": "Competing against other groups and against computers.   In this course we have some point in the future where we face a crisis. I would think I need to keep my debt levels low incase I need to get a long-term loan to cover my expenses over the 3rd year. In that case I might just hold off until before that date to maximize the debt load.  I also don't know what effect on our stock price our balance sheet has. I feel like when I analyze companies and see their balance sheets have a lot of debt I shy away depending on their share price."}
{"_id": "102113", "title": "", "text": "\"Your math is correct. These kind of returns are possible in the capital markets. (By the way, Google Finance shows something completely different for $CANV than my trading console in ThinkorSwim, ToS shows a high of $201, but I believe there may have been some reverse splits that are not accurately reflected in either of these charts) The problems with this strategy are liquidity and timing. Let's talk about liquidity, because that is a greater factor here than the random psychological factors that would have affected you LONG LONG before your $1,000 allowance was worth a million dollars. If you bought $1000 worth of this stock at $.05 share, this would have been 20,000 shares. The week of October 11th, 2011, during the ENTIRE WEEK only 5,000 shares were traded. From this alone, you can see that it would have been impossible for you to even acquire 20,000 shares, for yourself at $.05 because there was nobody to sell them to you. We can't even look at the next week, because there WERE NO TRADES WHATSOEVER, so we have to skip all the way to November 11th, where indeed over 30,000 shares were traded. But this pushed the price all the way up to $2.00, again, there was no way you could have gotten 20,000 shares at $.05 So now, lets talk about liquidation of your shares. After several other highs and lows in the $20s and $30s, are you telling me that after holding this stock for 2 years you WOULDN'T have taken a $500,000 profit at $25.00 ? We are talking about someone that is investing with $1,000 here. I have my doubts that there was no time between October 2011 and January 2014 that you didn't think \"\"hm this extra $100,000 would be really useful right now.. sell!\"\" Lets say you actually held your $1,000 to $85.55 there were EXACTLY TWO DAYS where that was the top of the market, and in those two days the volume was ~24,000 shares one day and ~11,000 shares the next day. This is BARELY enough time for you to sell your shares, because you would have been the majority of the volume, most likely QUADRUPLING the sell side quotes. As soon as the market saw your sell order there would be a massive selloff of people trying to sell before you do, because they could barely get their shares filled (not enough buyers) let alone someone with five times the amount of shares that day. Yes, you could have made a lot of money. Doing that simplistic math does not tell you the whole story.\""}
{"_id": "102119", "title": "", "text": "Compound interest is your friend. For such a low amount of cash, just pop it into savings accounts or deposits. When you reach about 1.500\u20ac buy one very defensive stock that pays high dividends. With deposits, you don't risk anything, with one stock, you can lose 100% of the investment. That's why it's important to buy defensive stock (food, pharma, ...). Every time you hit 1.500\u20ac after, buy another stock until you have about 10 different stock in different sectors, in different countries. Then buy more stock of the ones you have in portfolio. You're own strategy is pretty good also."}
{"_id": "102138", "title": "", "text": "\"Probably the most important thing in evaluating a dividend yield is to compare it to ITSELF (in the past). If the dividend yield is higher than it has been in the past, the stock may be cheap. If it is lower, the stock may be expensive. Just about every stock has a \"\"normal\"\" yield for itself. (It's zero for non-dividend paying stocks.) This is based on the stock's perceived quality, growth potential, and other factors. So a utility that normally yields 5% and is now paying 3% is probably expensive (the price in the denominator is too high), while a growth stock that normally yields 2% and is now yielding 3% (e.g. Intel or McDonald'sl), may be cheap.\""}
{"_id": "102145", "title": "", "text": "Why? Grocery stores had minimum wage employees as well. You made no sense at all there. People not being able to pay slave wages and still maintain huge corporate profits, OMG the horror! Yeah it's those god damn waiters and cooks needing to pay rent and bills fault! Yeah same to ya.  Oh and reading comprehension is a thing. I said I've run several businesses. One was a restaurant and bar too!"}
{"_id": "102155", "title": "", "text": "The house becomes an asset belonging to the estate of Alice.  The debt also goes with the estate.  The executor of the will should arrange for the debt to be paid off as part of sorting out the estate - they can't just hand out all the assets and leave nothing to pay off the debts. This could be done by selling the house.  But in practice, the executor and the mortgage lender may both be happy if Bob takes out a mortgage, uses that to pay the debt, then inherits the house."}
{"_id": "102187", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cbc.ca/news/business/minimum-wage-analysis-1.4141311) reduced by 90%. (I'm a bot) ***** &gt; A recent analysis from the Washington-based National Employment Law Project says that more often than not, minimum wage hikes create far more jobs than they kill, about 12 months down the line.  &gt; Proponents of minimum wage hikes argue they are a net positive for the economy, as they give a large number of low-paid workers more money, which they are more likely to go out and spend.  &gt; Minimum wage hikes initially tend to disproportionately impact retail and restaurant workers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6f6y80/boosting_the_economy_from_the_bottom_up_why/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136151 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **more**^#2 **minimum**^#3 **job**^#4 **work**^#5\""}
{"_id": "102209", "title": "", "text": "ode2k noted the liquidity can very wildly especially 9 months out and there will be little volume even in the largest stocks.  Victor noted standard measures of liquidity don't always apply cleanly to options as they are priced using a hybrid of model and market inputs.  So your question is generally very hard to answer on SE, but you can get an answer yourself without too much trouble. The best way to get a feel for slippage in your case is to just get quotes.  Most systems should let you get a quote for both buying and selling options at the same time.  This will give you a feeling for how much you are paying in spread.  Do the same for near dated options to get a feeling for spread size when you end up selling. You should factor in some widening of spreads at bad times, but this should get you a feeling for the scale of the slippage problem."}
{"_id": "102216", "title": "", "text": "\"What is even more disturbing is the loss of navigational ability. People who dont ever have to drive without the aid of a machine lose their sense of direction. Everyplace in some parts of the country just stops having any deeper, contextual meaning. \"\"This is where so and so lives\"\" or \"\"This is where I skinned my knee in that bike accident when I was 12.\"\" to them its might as well be basically a procedural landscape that was generated in a video game.   If people ever watched the Truman Show where every two miles everything- all the stores on the corners, they just start to repeat. In the land of stripmalls, since everything looks the same everywhere, they have no sense of where they are. People might \"\"go home\"\" and even go into the wrong house.\""}
{"_id": "102223", "title": "", "text": "If you're so passionate about it you should have brought the case initially. If you hate the attorneys fees you should have gone to law school for 3 years (borrowed $150k to do it) then passed the bar and litigated this suit yourself with your own $2 million to fund it."}
{"_id": "102236", "title": "", "text": "The way reddit works so well with news proves that news sites don't have to organize themselves around huge profit and centralized reputation. The quality of journalism will probably suffer if the current businesses go belly up but then I compare late 2000's youtube channels with how highly-professional most youtube channels are becoming now and I realize that these disruptive processed take a little time."}
{"_id": "102237", "title": "", "text": "An instant 15% profit sounds good to me, so you can't go wrong selling as soon as you are able. Here are a couple other considerations: Tax implications: When you sell the stock, you have to pay taxes on the profit (including that 15% discount). The tax rate you pay is based on how long you wait to sell it. If you wait a certain amount of time (usually 2 years, but it will depend on your specific tax codes) before you sell, you could be subject to lower tax rates on that profit. See here for a more detailed description. This might only apply if you're in the US. Since you work for the company, you may be privy to a bit more information about how the company is run and how likely it is to grow. As such, if you feel like the company is headed in the right direction, you may want to hold on the the stock for a while.  I am generally wary of being significantly invested in the company you work for. If the company goes south, then the stock price will obviously drop, but you'll also be at risk to be laid off. As such you're exposed much more risk than investing in other companies. This is a good argument to sell the stock and take the 15% profit.*  * - I realize your question wasn't really about whether to sell the stock, but more for when, but I felt this was relevant nonetheless."}
{"_id": "102243", "title": "", "text": "Yes, that's correct."}
{"_id": "102244", "title": "", "text": "Apricot maltipoo puppies are the most wonderful pet dog that you can have with the confidence of having the best one.  They are awesomely wonderful and adorably petite and attractive to look at. This breed enjoys a tremendous popularity among the dog lovers and makes for a perfect pet to cuddle up."}
{"_id": "102253", "title": "", "text": "Could you talk to the company you currently work for and see what your boss recommends? She or he would probably have a deep understanding of the corporate structure and would be able to help you figure out your path since they know you personally."}
{"_id": "102260", "title": "", "text": "Nah... I think it's important for everyone to know just how fucked up the US judicial industrial complex actually is...  ...that way they don't get too surprised when it actually gets around to screwing them on a personal basis."}
{"_id": "102266", "title": "", "text": "On $4K/mo gross about $1000/mo can go to the mortgage, and at today's rates, that's about $200K of mortgage the bank might lend you.  Income is qualified based on gross, not net, so if $48,000/yr is wrong, please scale my guesstimate down a bit. In the end, today's rates allow a mortgage of nearly 4X one's gross income. This is too high, in my opinion. I'm answering what the bank would approve you at, not what I think is wise. Wise, in my opinion is 2.5-3X one's income, tops."}
{"_id": "102287", "title": "", "text": "\"I'm assuming that by saying \"\"I'm a US resident now\"\" you're referring to the residency determination for tax purposes. Should I file a return in the US even though there is no income here ? Yes. US taxes its residents for tax purposes (which is not the same as residents for immigration or other purposes) on worldwide income. If yes, do I get credits for the taxes I paid in India. What form   would I need to submit for the same ? I am assuming this form has to   be issued by IT Dept in India or the employer in India ? The IRS doesn't require you to submit your Indian tax return with your US tax return, however they may ask for it later if your US tax return comes under examination. Generally, you claim foreign tax credits using form 1116 attached to your tax return. Specifically for India there may also be some clause in the Indo-US tax treaty that might be relevant to you. Treaty claims are made using form 8833 attached to your tax return, and I suggest having a professional (EA/CPA licensed in your State) prepare such a return. Although no stock transactions were done last year, should I still   declare the value of total stocks I own ? If so what is an approx. tax   rate or the maximum tax rate. Yes, this is done using form 8938 attached to your tax return and also form 114 (FBAR) filed separately with FinCEN. Pay attention: the forms are very similar with regard to the information you provide on them, but they go to different agencies and have different filing requirements and penalties for non-compliance. As to tax rates - that depends on the types of stocks and how you decide to  treat them. Generally, the tax rate for PFIC is very high, so that if any of your stocks are classified as PFIC - you'd better talk to a professional tax adviser (EA/CPA licensed in your State) about how to deal with them. Non-PFIC stocks are dealt with the same as if they were in the US, unless you match certain criteria described in the instructions to form 5471 (then a different set of rules apply, talk to a licensed tax adviser). I will be transferring most of my stock to my father this year, will   this need to be declared ? Yes, using form 709. Gift tax may be due. Talk to a licensed tax adviser (EA/CPA licensed in your State). I have an apartment in India this year, will this need to be declared   or only when I sell the same later on ? If there's no income from it - then no (assuming you own it directly in your own name, for indirect ownership - yes, you do), but when you sell you will have to declare the sale and pay tax on the gains. Again, treaty may come into play, talk to a tax adviser. Also, be aware of Section 121 exclusion which may make it more beneficial for you to sell earlier.\""}
{"_id": "102289", "title": "", "text": "In independent blind testing the Aldi private brands always perform very well. Just because something has a brand name that you know does not mean that it has to have high quality.  The Aldi brands are of course also only off-brand until you become used to them."}
{"_id": "102290", "title": "", "text": "This study fails to note that a higher minimum wage is a significant factor in the stronger seattle economy, which they conveniently cite as the dominant factor in higher earnings. You can separate the two and identify which is the primary effect, but not with their methodology."}
{"_id": "102291", "title": "", "text": "Separate from some of the other considerations such as the legality, it is likely going to be worth your will if you employer has company matching even if you have to pay the early withdraw penalty because the matching funds from your employer can be viewed as gains on the money deposited. For example, using round numbers to make the math easy: No 401(k) Deposit With 401(k) Deposit So as you can see there is a benefit to deferring some of the earnings to the 401(k) account due to the employer matching but the actual dollar amount that you would be able to take home will be different based upon your own circumstances. Depending upon what the take home would be at the end of the day the percentage return may or may not be worth the time involved with doing the paperwork. However, all of this only applies if you have to pull the money out early as once you hit 59.5 years old you can start withdrawing the money without the tax penalty in which case the returns on your initial deposit will be much more."}
{"_id": "102292", "title": "", "text": "Softbank was really outclassed by Docomo a few years back until they became partners with Apple and the iphone.  At first, Softbank couldn't give the phones away.  But now they hold a much bigger market share because of the iphone.  I still loves me some Docomo and the Galaxy III though.  Unfortunately none of my friends have the same opinion :("}
{"_id": "102316", "title": "", "text": "Assignment risk. In your example, if someone exercises OTM call, your account could be assigned. In that case, if you do nothing, you could lose more money than there is in the account. The broker won't do it for you because there is more than one way to handle the assignment. For example, you might choose to exercise the long call, or buy a different call and exercise that. Selling the long call may be enough to satisfy any resulting margin call."}
{"_id": "102318", "title": "", "text": "Ah!  The old \u201cTaxes are stealing\u201d rhetoric that fails to account for social contracts, the need for a consistent and uniform infrastructure, and the realization that most of what you rely on is based on the belief that people should work together \u201cfor the common good\u201d, rather than exist as small bands of financial \u201cbandits\u201d, stealing from anyone they can for access to the resources they guard.  You call the government a thief, yet you strive to turn everyone into thieves.  The hypocracy is palpable."}
{"_id": "102323", "title": "", "text": "what I'm saying is my meager 1600 gain could have incurred an extra $170 in taxes if there was no capital gains tax.  It's basic math, not rocket science.  that's just the numbers at my current tax bracket(25%) which isn't that high.  I seriously don't get how you can't understand basic numbers and the fact that the capital gains tax is a huge advantage for a small time investor like me."}
{"_id": "102326", "title": "", "text": "What are the risks, if any The risks are exemplified by the outcomes presented on this website, including: There's a chance you will end up paying large mortgage payments on a house occupied by an ex-friend and paying large amounts of money to lawyers to try and get things straightened out. You could come out of it a lot poorer and with your credit rating wrecked."}
{"_id": "102331", "title": "", "text": "In addition to Rocky's answer, and IF you have already saved an adequate emergency fund, then best way to increase your wealth (not your income) is to invest your extra money. If you have no extra money then you need to lower your expenses or work towards getting better income. They aren't really any tricks to this, but there are some tips that may help:"}
{"_id": "102340", "title": "", "text": "How about just stop buying stuff?"}
{"_id": "102342", "title": "", "text": "I studied Economics through my second last year at school, by correspondence. Nothing my teacher sent me, or any amount of Google usage, gave me as deep an insight into how this whole thing actually works.  Joined just to say thank you, kind sir."}
{"_id": "102344", "title": "", "text": "Im thinking the same thing. It's better he find out from me than when they call him. I'm just afraid of something crazy happens and this offer is rescinded or falls through, that I'll be stuck there again, with my boss knowing I'm trying to leave."}
{"_id": "102345", "title": "", "text": "Make sure you can really do what you plan on doing: Look at the maximum loan length and the maximum loan amount.   From the IRS- retirement plans faqs regarding loans A qualified plan may, but is not required to provide for loans. If a   plan provides for loans, the plan may limit the amount that can be   taken as a loan. The maximum amount that the plan can permit as a loan   is (1) the greater of $10,000 or 50% of your vested account balance,   or (2) $50,000, whichever is less ... A plan that provides for loans must specify the procedures for   applying for a loan and the repayment terms for the loan. Repayment of   the loan must occur within 5 years, and payments must be made in   substantially equal payments that include principal and interest and   that are paid at least quarterly.  Loan repayments are not plan   contributions. The referenced documents also discuss the option regarding multiple loans, and the maximum amount of all active and recent loans  Having a 401K loan will still count against the maximum amount of monthly payments you can afford. Also check the interest rate, and yes they required to charge interest.  Some companies will not allow you to make contributions to a 401K while you have an outstanding loan. If that is true with your company then you will miss out on the matching funds."}
{"_id": "102357", "title": "", "text": "&gt;Go live with your beloved poor for a year  Hahaha... there is a housing project directly across the street from me as I write this. You keep making assumptions!  Yes there absolutely is a culture of laziness and irresponsibility. There are a lot of reasons that the poor remain poor, and this is only one of them. Other reasons include the drug war, which disproportionately targets minorities and creates a vast unemployable population due to their criminal records. The school systems are shit--how can you raise yourself out of poverty without a decent education? Unions have declined, meaning working class people no longer have a living wage and must rely on food stamps and other government programs just to survive. There are a lot of reasons the poor stay poor. Blaming it all on bad choices is rather short-sighted. There are public-sector, private-sector and cultural factors contributing to wealth inequality. I will admit to all of these, but the Libertarian ideology only allows for one.  Plus, what are you going to do about it? Does society have any responsibility to help people who are trapped in a cycle of poverty and bad choices to better themselves? What about the newborn child who has made no bad choices but to be born poor? Fuck 'em?  &gt;any actual assesment of Reality  Make one. You state no facts, only that if there were some facts they would agree with you. Not a proper argument.  &gt;The rich are rich for a reason and the poor are poor for a reason.  The rich are rich for many reasons--personal achievement, inheritance, luck, connections and simply reaping the fruits of a prosperous, harmonious society. There just as many reasons the poor are poor. To take any one reason and say that is the only reason is just like taking the idea of property rights and saying that is the only right worth consideration.  &gt;Deep down inside you don't think you've earned it so you want to sacrifice all the rest of us on the altar of your limp wristed weakness.  I don't attempt to psychoanalyze you, though I could probably do a much better job having once held the beliefs you are espousing. The thing is I learned from my experience and from the world around me. I see how the system is rigged, in both the public sector and private sector. I know it is possible to make it rich in this country if you have the skill and motivation, but I also know that it is much easier to stay rich if you are born rich and far too much depends on who you know rather than what you know. And nobody would be rich if we didn't have a functioning society, with a large middle class that can afford to buy the goods that entrepreneurs invent!  As a business owner, I want to live in a society where the majority of people can afford the crap that I'm peddling. Call me a commie."}
{"_id": "102359", "title": "", "text": "Virtually all of Facebook's users also use Windows (either at home or at work). Microsoft charges money for Windows licenses, lots of money. You can make the same analogy for Microsoft's Business division (Office products). Facebook's valuation is getting comparable to Microsoft (ex-cash stockpile). It is absolutely ridiculous. Google is the dominant online advertiser, and Google's profits is not even close to what Microsoft makes. Only a small fraction. Even if Facebook meets all future expectations and becomes the dominant online advertiser, making the same amount of money as Google, it still doesn't deserve that $100B valuation today, as it will take years before it gets up there. Facebook may be an amazing product, but collecting hundreds of dollars per license renewal is simply a better business than an ad-supported model. In order for advertisers to pay Facebook $100/user (the type of money Microsoft makes), the users must be buying thousands of dollars more stuff because of Facebook ads. That's not possible, especially with other methods of advertising all competing."}
{"_id": "102362", "title": "", "text": "People to ask: Granted I live in a small town, but when the same guy's name comes up more than once that's who you should hire..."}
{"_id": "102375", "title": "", "text": "Specifically I was wondering, how can the founder determine an appropriate valuation and distribution of shares; ie- the amount of equity to make available for public vs how much to reserve for him/herself. This is an art more than science. If markets believe it to be worth x; one will get. This is not a direct correlation of the revenue a start up makes. It is more an estimated revenue it would make in some point in time in future. There are investment firms that can size up the opportunity and advise; however it is based on their experience and may not always be true reflection of value."}
{"_id": "102379", "title": "", "text": "If I were in your shoes I would concentrate now on investing in yourself.  Your greatest wealth building tool is your income.  Going to school is great, make sure you can finish.  Also is there additional coursework you can obtain that might help boost your salary?  I would look for course in the following areas that might be outside your core competency: After that I would concentrate on some books that will help you in your journey.  However, I would not start investing until you have a well paying full time job: That will get you started."}
{"_id": "102388", "title": "", "text": "&gt; if all man made CO2 magically ceased to be created that the climate would still change. Climates change, always.  This is true. Even if we stopped contributing to global warming immediately, the climate would continue to warm for 4 or 5 decades, but this is because it takes time for the planet to heat up. And yes it's true that the climate does change, but usually at a slower pace.   Species are going extinct at about the same rate now as they did back during the extinction of the dinosaurs.  This isn't all due to carbon ether, there are many other environmental pollutants and issues.  &gt;poor people (through burning of wood for heat and to cook with) actually have a much greater impact on CO2 levels than to rich people.  That's just false. Burning wood is definitely less efficient, but overall poor people release less carbon that wealthy nations."}
{"_id": "102390", "title": "", "text": "Thank you for this post! I found it informative, interesting, and insightful. Personally, I have always been curious how American companies, even smaller mom and pop stores, outsourced to China despite all the cultural and language barriers. Have you found any problems arise from the clashing of cultures, i.e. differences in expectations or processes, that add to the difficulty in communicating with Chinese manufacturers?"}
{"_id": "102391", "title": "", "text": "\"You know I used to strugle with how to define common sense, if most people don't have common sense it must be misnamed right? I reallized it's not \"\"common\"\" in the sense that it's wide spread, but that it's conclusion's that it is possible to arrive at without specialized knowledge or training. So anyone *could* figure it out, but most people won't bother to.\""}
{"_id": "102395", "title": "", "text": "You should be trying to save 10% of your income from an early age. You can live well now and enjoy life within your means now, instead of trying to keep up with the Jones. Do you need to live in a larger house (when you can't really afford it) because it is more comfortable or because you want to show it off in front of your family and friends? You can live and enjoy life and eat well now and still save enough to have a comfortable retirement, just spend your money now on the things you enjoy, not things you see others enjoying."}
{"_id": "102416", "title": "", "text": "Even then, he's only built *one* successful company, and with that groundbreaking idea it would've been pretty difficult to fuck it up. He was just the earliest player in that space.  Edit: okay it's not just one successful company, I was wrong. He has more of an entrepreneurial prowess than I credited him for."}
{"_id": "102436", "title": "", "text": "Vesting As you may know a stock option is the right to acquire a given amount of stock at a given price.  Actually acquiring the stock is referred to as exercising the option.  Your company is offering you options over 200,000 shares but not all of those options can be exercised immediately. Initially you will only be able to acquire 25,000 shares; the other 175,000 have conditions attached, the condition in this case presumably being that you are still employed by the company at the specified time in the future.  When the conditions attached to a stock option are satisfied that option is said to have vested - this simply means that the holder of the option can now exercise that option at any time they choose and thereby acquire the relevant shares. Dividends Arguably the primary purpose of most private companies is to make money for their owners (i.e. the shareholders) by selling goods and/or services at a profit.  How does that money actually get to the shareholders?  There are a few possible ways of which paying a dividend is one.  Periodically (potentially annually but possibly more or less frequently or irregularly) the management of a company may look at how it is doing and decide that it can afford to pay so many cents per share as a dividend.  Every shareholder would then receive that number of cents multiplied by the number of shares held. So for example in 4 years or so, after all your stock options have vested and assuming you have exercised them you will own 200,000 shares in your company.  If the board declares a dividend of 10 cents per share you would receive $20,000.  Depending on where you are and your exact circumstances you may or may not have to pay tax on this. Those are the basic concepts - as you might expect there are all kinds of variations and complications that can occur, but that's hopefully enough to get you started."}
{"_id": "102442", "title": "", "text": "Some brokerages will allow you to enroll your account in a dividend reinvestment plan -- TD Ameritrade and I think Schwab for example. The way the plan works is that they would take your $4 and give you whatever fractional share of the ETF it is worth on the payment date. There are no fees associated with this purchase (or at least there are in the programs I've seen -- if you have to pay a fee, look for another brokerage). You may also be able to enroll specific securities instead of the entire account into dividend reinvestment. Call your brokerage to see what they offer."}
{"_id": "102443", "title": "", "text": "You don't generally pay capital gains taxes until you sell the stock. If you bought it in 2013 and the price goes up in 2014 but you just hold on to the stock, you won't have to pay any taxes on it. If you then sold it in 2015 for a profit, you'd have to pay capital gains taxes on the profit. Note that this excludes dividends. Dividends may complicate the matter somewhat. I'm also assuming you are in the U.S. or Canada, or a country like one of those two. It's possible some other country does taxes differently, though it'd surprise me."}
{"_id": "102445", "title": "", "text": "I don't think democracy leads to the things you describe. Most of those things you mention are rights and civil liberties that have been won over time through civil struggle. They didn't just come automatically because they were written in a bill of right."}
{"_id": "102449", "title": "", "text": "Let's take an example: IBM has about 430,000 employees worldwide.  Assume the average yearly salary is $80K (it's probably less, since a lot of jobs are offshore).  If every employee took 10% of their pay as stock, that's $132 million every two weeks.  But IBM's market capitalization is about $153 billion, so stock purchases would be less than 0.1% of that."}
{"_id": "102478", "title": "", "text": "&gt;That's just poor leadership.  Says you, but then again he's the leader and you arent. It's his perogitive.  &gt;Plenty of well-trained workers are immediately available.  If only there were someone to hire them! If only there was some LEADership in place to structure a company so these people can be given jobs.   Maybe the workers should start a company... sacraficing with discipline is difficult... We want instant gratification, a nice salary, a nice car, a nice house. This guy drove a 12 year old car, had an office in his garage to start this company while his friends had nice cars and fancy things.  Sigel built himself from poor to rich through sacrafice, discipline and determination."}
{"_id": "102480", "title": "", "text": "&gt; These publishers are running e-books into the dirt by price fixing them to same price as physical books  No, they are not:  &gt; We set our ebook prices far below corresponding print book prices, reflecting savings in manufacturing and shipping. More than 80% of the ebooks we publish are priced at $9.99 or lower. Those few priced higher\u2014most at $11.99 and $12.99\u2014are less than half the price of their print versions. Those higher priced ebooks will have lower prices soon, when the paperback version is published.  [source](http://www.latimes.com/books/jacketcopy/la-et-jc-hachette-ceo-michael-pietsch-response-about-ebook-pricing-20140811-story.html)  &gt; Amazon is tired of pushing their over priced shit (that is only that price because of some paranoid business exec's that are afraid of change worrying about their hard back sales) because it hurts their kindle and frankly they dont need them.     And how is this not abusing their market share?  &gt; For the average consumer books are so easy to pirate we are just skipping all the middle men entirely, but I think a lot of those people would mind spending 4-5$ for a book (At least soft cover prices, paying the Hard cover price for a god damn e-book is extortion).  Again, no one is trying to make people pay the hard cover price for an ebook. Hachette just wants the ability to price some of their popular new releases at a few bucks more to more quickly recoup the money they fronted the author, editors, marketing teams, etc before that book's release. And then to lower the price around the same time the cheaper paperback version of the book comes out."}
{"_id": "102482", "title": "", "text": "True I'm not surprised I was wrong about that. I worked at this place over the summer where I looked at a lot of PE deals and I remember that name coming up in the context of tech consulting companies that did software dev, took a shot"}
{"_id": "102501", "title": "", "text": "Theoretically there is limited demand for risky investments, so higher-risk asset classes should outperform lower-risk asset classes over sufficiently long time periods. In practice, I believe this is true, but it could be several decades before a risky portfolio starts to outperform a more conservative one. Stocks are considered more risky than most assets. Small-cap stocks and emerging market stocks are particularly high-risk. I would consider low-fee ETFs in these areas, like VB or VWO. If you want to seek out the absolute riskiest investments, you could pick individual stocks of companies in dire financial situations, as Bank of America was a couple years ago. Most importantly, if you don't expect to need the money soon, I would maximize your contribution to tax-advantaged accounts since they will grow exponentially faster than taxable accounts. Over 50 years, a 401(k) or IRA will generally grow at least 50% more than a taxable account, maybe more depending on the tax-efficiency of your investments. Try to contribute the maximum ($17,500 for most people in 2014) if you can. If you can save more than that, I'd suggest contributing a Roth 401k rather than a traditional 401(k) - since Roth contributions are post-tax, the effective contribution limit is higher. Also contribute to a Roth IRA (up to $5,500 in 2014), using a backdoor Roth if necessary."}
{"_id": "102507", "title": "", "text": "Do Alice and Bob have to figure out the fair market value of their services and report that as income or something? Yes, exactly that.  See Topic 420.   Note that if the computer program is for Bob's business, Bob might be able to deduct it on his taxes.  Similarly, if the remodeling is on Alice's business property, she might be able to deduct it.  There might also be other tax advantages in certain circumstances."}
{"_id": "102510", "title": "", "text": "You do know the ACA was modeled after both a Republican-introduced plan from the 90s as well as Mitt Romney's insurance reform plan for Massachusetts? If Democrats had their way, a public option (Medicaid or Medicare buy-in) would be available to those 10 mil who are feeling the squeeze.   And the state insuring health care for its citizens hardly seems like bread and circus. A healthier populace is more efficient and less costly in the long run."}
{"_id": "102526", "title": "", "text": "You can probably recover it by checking with the unclaimed property division of the state where you opened the account.  See The Office of the Comptroller of the Currency website for more information."}
{"_id": "102540", "title": "", "text": "You are right, and it's 40 cents per liter, not gallon as I originally wrote.  After 60 liters per month, it goes up to 70 cents per liter.  It's around 90 cents per liter right now where I am in the US.  Like you said, still cheap compared to the rest of the world ($1 per liter in India, $1.90 per liter in Britain)."}
{"_id": "102545", "title": "", "text": "\"You are correct; Nissan's troubles are because they cheaped out and went with an air cooled pack, whereas Chevy and Tesla liquid cool theirs.  Chevy uses about only 60% of the Volt's available battery range (10kWh out of 16).  Torture tests simulating well over 100k worth of charges showed better than 70% range remaining, hardly \"\"oh you'd better drop a few thou on a replacement pack\"\" territory.\""}
{"_id": "102549", "title": "", "text": "\"&gt;There are ways  So you have no idea how to uphold these \"\"standards\"\".   If Canada did it, the Star would have been shut down years ago. And the CBC as well.  Journalism was never respected in the US. The advent of the 24 hour cable news hole and the internet raised awareness of just how ....*imperfect* what passes for journalism is, as journalists revealed other journalist's failings. Also, if you dropped your left-wing bias and did an analysis of all major papers in the U.S., you'd find that News Corp. papers are no worse, and actually somewhat better than the rest as far as accuracy.\""}
{"_id": "102550", "title": "", "text": "This manner of shopping is maximum likely by the human beings within the present state of affairs. There is not any line to await buy and you should buy a product with a minute. You can get the pleasant online Shop buying enjoy in an excellent manner with none hassle. It is better place to store many stuff that immediately available for any time. You can purchase the goods at cheap deals and fee which to be had best in on-line purchasing web sites. There isn't any intermediary involved inside the on line purchasing and you can get the products immediately from the manufacturer."}
{"_id": "102551", "title": "", "text": "As we can see, now it\u2019s October and Bitcoin is not 5k. It turned out that it\u2019s a very high psychological point for the holders. Most of them don\u2019t believe in it, that\u2019s why sell. Moreover, that\u2019s the way expert traders use the opportunity, because they understand the mentality of the crowd."}
{"_id": "102573", "title": "", "text": "My buddy was recruited hard by McKinsey, and I use him as a reference point whenever someone asks (because they want him so badly).  Briefly, he's a physicist and we did grad school together in London (I in neuroscience).  He later went on to Cambridge to do a course called Part III, which some consider the hardest math course in the world (http://www.maths.cam.ac.uk/postgrad/mathiii/).  Afterward, he went on to do a PhD in theoretical particle physics, but went to a recruiting session just on a whim.  We talked about this at length.  McKinsey likes people who have extremely strong analytical and math skills, but not necessarily from a finance background.  They like this because you don't use most of what you learn in school with respect to economics or finance, but you do use lots of math, and you do use lots of logic.  Basically, they're looking for people that really good investors look for: people who are academic rockstars.  You do not need to transfer.  You should not, actually, because you're going into junior year and have a good GPA.  What you should do instead is try to do a Rhodes.  Plan for it now.  You can apply for a Marshall too.  And a Fulbright.  You want your resume to look like you're someone that shouldn't be ignored."}
{"_id": "102576", "title": "", "text": "\"This is a classic case of Sunk Cost Fallacy. The basic idea is this - don't look at how much you've invested, look at what the thing is worth. It sounds like you are no longer able to keep up, so the financial answer is to stop making repairs, etc.  The only question is - whose name is on the deed? If your coworker still owns the asset, you can simply back out say, \"\"the mobile home is yours, any repairs and payments I made are yours too.\"\"  Basically, you will be out all of your work and what you put into it, but you're not continuing to dig a hole. Your coworker should consider your investment as a gift, but a gift that is no longer being made. If in taking over the asset he put it in your name, the asset is yours to do with as you please.  It sounds like you should dispose of the asset, even if its at a loss. Either way, from a financial perspective, the answer is to cut your losses and be done with it. All of that is, of course, a strictly financial answer.  Reading between the lines, it seems like you feel guilty about not being able to honor the commitment you have made.  If there is a sentimental attachment to the mobile, I would suggest discussing your situation with the coworker.  That's really not a financial consideration, but that doesn't mean its unimportant.\""}
{"_id": "102577", "title": "", "text": "By extending your logic both BNSF and GEICO would be nearly thhe same companies as both have majority ownership of warren buffet. How companies act IS defined by the theater of competition and regulation. Sears ca and US are two very different companies with no operational overlap (other than sears brand name)"}
{"_id": "102587", "title": "", "text": "The assumption is not necessarily correct. While the seven years affects the credit report, the statute of limitations for collections may be different and is based on the State law where the debt was given (or a Federal law for NA banks). Keep in mind that the creditor can reset the clock any time by taking legal action, for example filing a lawsuit in a court to garnish some of his income or put a lien on some of his assets. Many  times, just contacting the debtor is enough to reset the clock. The statute of limitations on collections is a legal issue and he should talk to a lawyer about it. Different accounts may have different statutes affecting them."}
{"_id": "102593", "title": "", "text": "Issuing/selling equity vs debt is often done during very different periods of a company's life cycle and for very different reasons.  If I were to generalize - equity is most typically involved in the beginning and end of a business, debt in the middle.    In the beginning your company has no cash flow, no track record so the only people willing to invest are angels/venture capitalists/true believers/friends &amp; family.  People who are willing to take risk either because they like you or they believe there is a chance of high risk/high reward.  In the middle of the life cycle (when the company has a demonstrated track record), it is easier to issue debt because you have stable cash flows which banks find attractive.  Banks are low risk, low return investors.  Towards the end of a company's life cycle the owners may decide they have successfully grown a business and want to retire (or start a new business) or maybe they just want to lock in the earnings they've achieved which are sitting in the company.  In this case they may sell the company entirely to a rival firm or a private equity group.   I feel like OP's original question is a bit off because I don't find too many situations where a company is seriously considering both equity and debt alternatives.  Usually it is a variety of equity offerings **or** a variety of debt offerings and you're trying to figure out which one is better of the company."}
{"_id": "102608", "title": "", "text": "Fast Domain is here to secure the businesses of their clients and is confident that  they can provide you with the highest level of support with patient and friendly support staff waiting to help their clients with their needs. They have a veteran hosting team that knows what it takes to be one of the best and how they are able to help make your site a success. http://www.spicywebhosts.com/"}
{"_id": "102610", "title": "", "text": "They could actually start making computers again. Atari used to. I think there's a chance there, especially if they make something with the CPU/GPU SoC similar to the Xbox One / PS4, maybe something more powerful that can hook into a TV with HDMI."}
{"_id": "102614", "title": "", "text": "\"I find it really hard to feel sorry for them. For many years now the local Post Office has been a farce. Many local businesses quit using them because they'd just flat-out lose mail so consistently.   The small company I worked for (local ISP) was constantly fighting this battle since we would have customers calling up pissed off because their service got cut off when we didn't receive their payment. Now sure, you have the classic \"\"check's in the mail\"\" bit, but this happened too frequently to such a random selection of customers that it was quite obvious there was an issue. More than once I took it up personally with the local Postmaster (functioning Manager-type person) and would always get told \"\"Oh, it's not us, it's the Columbia branch\"\" and when I called to straighten it out there I was told \"\"Sorry, you'll have to take this up with your local office\"\". Funny, they never seemed to lose all that fucking junk mail that crammed up our PO or mailbox.   Hate that it got that bad, but once again sounds like a bad business model - Provide services at a loss, pay into pensions you know you can't afford, and refuse to modernize effectively and in-time.\""}
{"_id": "102618", "title": "", "text": "Highest possible is meaningless.  Ex: Use 17x Leverage on E-mini S&P 500 Futures, perfectly long before an uptick and short before a downtick every minute. Goes to the moon in a day of 1,440 minutes.  You are supposed to use a Buy-and-Hold SPY, with leverage that makes the Standard Deviation of SPY same as your Portfolio/Algorithm, as benchmark."}
{"_id": "102620", "title": "", "text": "You are diversified within a particular type of security. Notably the stock market. A truly diversified portfolio not only has multiple types of holdings within a single type of security (what your broad market fund does) but between different types. You have partially succeeded in doing this with the international fund - that way your risk is spread between domestic and international stocks. But there are other holdings. Cash, bonds, commodities, real estate, etc. There are broad index funds/ETFs for those as well, which may reduce your risk when the stock market as a whole tanks - which it does on occasion."}
{"_id": "102628", "title": "", "text": "New cars are sold for about $500 over their blue book value. They drop in value by about 20% their first year. Used cars are sold for about $2,500 above their blue book. They depreciate like normal. My advice based on my personal experience is to get a new car. When buying a used car, remember that the previous owner sold it for a reason. You are buying someone else's problems.  Average car is flipped every 4 years when it takes 5 years to pay it off. Don't do that...keep it for 5+ years if you get a new car. My knowledge comes from being a Chevrolet car salesman. This info is generalized and about 10 years old."}
{"_id": "102651", "title": "", "text": "Call me overly paranoid, but letting unknown people know your charges and your personal information is asking for trouble. They know who you are and how to find you and how much money you typically make. If they are decent people - okay, but otherwise they have good ground for comitting a crime against you - blackmail you, con you, target thieves on you, steal your identity, anything else which you won't like if it happens. And it has noting to do with being from Philippines - disonest people are everywhere. Crimes happen all the time, just the less you expose yourself the less likely a crime will be committed against you. My suggestion would be to share as little financial and personal data as possible, especially to share as little actual money figures as possible. Also see this question."}
{"_id": "102682", "title": "", "text": "\"Are most big US based financial institutions and banks in such a close relationship with USCIS (United States Citizenship And Immigration Services) so they can easily request the information about market traders? Yes. They must be in order to enforce the laws required by the sanctions. What online broker would you suggest that probably won't focus on that dual citizenship matter? \"\"Dual\"\" citizenship isn't actually relevant here. Nearly anyone in the world can invest in US banks except for those few countries that the US has imposed sanctions against. Since you are a citizen of one of those countries, you are ineligible to participate. The fact that you are also a US citizen isn't relevant in this case. I believe the reasoning behind this is that the US doesn't encourage dual citizenship: The U.S. Government does not encourage dual nationality. While recognizing the existence of dual nationality and permitting Americans to have other nationalities, the U.S. Government also recognizes the problems which it may cause. Claims of other countries upon U.S. dual-nationals often place them in situations where their obligations to one country are in conflict with the laws of the other. In addition, their dual nationality may hamper efforts of the U.S. Government to provide consular protection to them when they are abroad, especially when they are in the country of their second nationality. If I had to guess, I'd say the thinking there is that if you (and enough other people that are citizens of that country) want to participate in something in the US that sanctions forbid, you (collectively) could try to persuade that country's government to change its actions so that the sanctions are lifted. Alternatively, you could renounce your citizenship in the other country. Either of those actions would help further the cause that the US perceives to be correct. What it basically boils down to is that even though you are a US citizen, your rights can be limited due to having another citizenship in a country that is not favorable in the current political climate. Thus there are pros and cons to having dual citizenship.\""}
{"_id": "102684", "title": "", "text": "\"I've just recently launched an open source wealth management platform - wealthbot.io ...  \"\"Webo\"\" is mostly targeted at RIA's to help the manage multiple portfolios, etc. Take a look at the demo at demo.wealthbot.io, you'll also find links to github, etc. there. It's a rather involved project, but if you are looking for use cases of rebalancing, portfolio accounting, custodian integration, tax loss harvesting, and many other features available at some of the popular robo-advisors, you might find it interesting.\""}
{"_id": "102698", "title": "", "text": "\"Anthony Russell - I agree with JohnFx. Petroleum is used in making many things such as asphalt, road oil, plastic, jet fuel, etc. It's also used in some forms of electricity generation, and some electric cars use gasoline as a backup form of energy, petrol is also used in electricity generation outside of cars. Source can be found here. But to answer your question of why shares of electric car companies are not always negatively related to one another deals with supply and demand. If investors feel positively about petroleum and petroleum related prospects, then they are going to buy or attempt to buy shares of \"\"X\"\" petrol company. This will cause the price of \"\"X\"\", petrol company to rise, ceteris paribus. Just because the price of petroleum is high doesn't mean investors are going to buy shares of an electric car company. Petrol prices could be high, but numerous electric car companies could be doing poorly, now, with that being said you could argue that sales of electric cars may go up when petrol prices are high, but there are numerous factors that come into play here. I think it would be a good idea to do some more research if you are planning on investing. Also, remember, after a company goes public they no longer set the price of the shares of their stock. The price of company \"\"X\"\" shares are determined by supply and demand, which is inherently determined by investors attitudes and expectations, ultimately defined by past company performance, expectations of future performance, earnings, etc.. It could be that when the market is doing well - it's a good sign of other macroeconomic variables (employment, GDP, incomes, etc) and all these factors power how often individuals travel, vacation, etc. It also has to deal with the economy of the country producing the oil, when you have OPEC countries selling petrol to the U.S. it is likely much cheaper per barrel than domestic produced and refined petrol because of the labor laws, etc. So a strong economy may be somewhat correlated with oil prices and a strong market, but it's not necessarily the case that strong oil prices drive the economy..I think this is a great research topic that cannot be answered in one post.. Check this article here. From here you can track down what research the Fed of Cleveland has done concerning this. My advice to you is to not believe everything your peers tell you, but to research everything your peers tell you. With just a few clicks you can figure out the legitimacy of many things to at least some degree.\""}
{"_id": "102712", "title": "", "text": "The S&P is cap-weighted. So it's not as simple as buying 1 share of each of 500 stocks. (If it were, getting started might be doable, although adding to your position would take time and another large unit of money.) Can you do it? Sure? Do you have enough money to actually do it? I don't know. I'm happy to pay my .02-.03% to not worry about such things."}
{"_id": "102727", "title": "", "text": "Bank of America NA had over $101 billion in revenue 2013.  A $16 billion fine represents 15.7% of BOA's annual revenue.  The median family income in the US is $53,046.   15.7% of that is $8,346.  If I spent more than a decade defrauding individuals, businesses, government agencies and investors and wound up having to pay an $8 thousand dollar fine and not serve a single day in jail ... I would be planning a long and prosperous criminal career for the next decade."}
{"_id": "102732", "title": "", "text": "\"Call me rude, but I would be less concerned with taxes and more concerned with increasing your income. Double your income and say \"\"fuck you\"\" to the taxes!  Also, I'm no expert on taxes, but a corporation would not prevent you from having income so you would likely be passing the profits through and still paying the same income tax rate.\""}
{"_id": "102735", "title": "", "text": "\"The purpose of the emergency fund is to enable you to pay for unplanned necessary expenses without going into debt.  You know that cars don't last forever and eventually need to be replaced. Ideally, you would have a \"\"car replacement fund\"\" which you contribute to a little every month. (Essentially, it is a car payment to yourself.)  Then when it comes time to get a replacement car, you have money set aside for this purpose and know exactly how much you can spend.  However, in your case it seems that you don't have enough money in your car replacement fund for the car that you want.  There are a few different causes that might have led to this situation: Due to unforeseen circumstances, you need a replacement car before you thought you would need it.  You find that your planning was not quite right, and you weren't saving as much as you need.  You are trying to buy a more expensive car than you need.  If a replacement car is a necessity, two of these are emergencies, one is not.  If you don't have enough cash set aside for a car, it is certainly better to spend your emergency fund and pay cash than to borrow money to buy the car. Only you can decide if the car you are looking at is appropriate for you, or if you should be looking at a less expensive car. After you purchase the car, build your emergency fund back up first, then start saving for your next car.\""}
{"_id": "102742", "title": "", "text": "\"I believe general welfare is stated in the preamble only.  \"\"We the People\u00a0of the United States, in Order to form a more perfect Union, establish Justice, insure domestic\u00a0Tranquility, provide for the common\u00a0defence, promote the general\u00a0Welfare, and secure the Blessings of Liberty to ourselves and our\u00a0Posterity, do\u00a0ordain\u00a0and establish this Constitution for the United States of America.\"\"\""}
{"_id": "102746", "title": "", "text": "Deposit on a Debit Card have a different effect, and many people don't understand it (and make a big stink), or cannot afford it (or both). Either of it results in lots of trouble for the business: In addition, having a credit card showes that some bank trusts the customer with an unsecured credit of this height, which is some reassurance for the business. A debit card proves only that he was able to get a checking account, which needs much less liquidity and stability."}
{"_id": "102757", "title": "", "text": "You bought the stock at some point in the past. You must have had a reason for this purchase. Has the recent change in price changed the reason you bought the stock? You must assume your losses are sunk costs. No matter what action you take, you can not recover your losses. Do not attempt to hold the stock in the hopes of regaining value, or sell it to stop losses. Instead approach this event as if this very day, you were given shares of the company's stock at their current market value for free as a gift. In this hypothetical situation, would you hold the shares, or sell them? Use that to judge your options. Not everyone, myself included, can handle the mental stress of watching share prices change. You can always consider trading index funds instead, which are much less volatile but will provide consistent, albeit, boring returns. This may or may not be you, but it's an option. Finally, do not keep money in the market you are not prepared to lose. It seems obvious, but if you lost 40% today, you could lose 100% tomorrow."}
{"_id": "102811", "title": "", "text": "Having just purchased an upcoming Samsung phone using their 0% interest I can tell you that the justification is to give you credit. I have the same with Best Buy which is 0% for a specific initial purchase. The bank (in the Samsung case is TD Bank) establishes a rotating credit line for you. The APR after is well established at the very high side of 29.99%. Nobody in their right mind should want to pay that much interest on any purchase. My last car purchase was below 3% APR. Additionally the introductory rate will still calculate their 29.99% interest as if it existed since the first day of credit and will be applied to your balance should you ever be late on any single payment. At that time the interest is factored in as if it were always there and payments are adjusted accordingly. You see, the bank wants you to pay their high interest rate. So they entice you with the 0% and hope you either finance more on that credit line (exempt from the promotional rate) or miss a payment and they can hit you with a whammy. Specifically the question asks how this offer benefits Samsung. To answer that portion; it ensures a sale at full retail price of the phone. Samsung is just an agent between you and the bank. The bank takes on the risk for a potential high reward."}
{"_id": "102823", "title": "", "text": "&gt;Hate to break it to you but it's the republican policies of deregulation and tax cuts we can't afford that got us this shit sandwich.   Not even close. 1.1Trillion/year deficit is NOT related to taxes, it's related to increased spending while yes, tax revenues fall a bit. But you don't take actions that will make tax revenues fall more. Putting additional burdens on companies doesnt yield more tax revenue. If it did, why not tax them at 90%? But then guess what happens along that chart curve? There are no companies left.  How much in additional taxes could we take in? 100 billion conservatively? Ok genius, what about the other $1 Trillion/year? WE SPEND TOO MUCH!  &gt;Really? Seems to me like a person living paycheck to paycheck would actually have a very good idea of what it's like to live on the edge of bankruptcy  Except for most people close to bankruptcy they never had any capital to begin with. They lived pay check to pay check, using credit cards, buying houses, buying cars.   Businesses must keep a MUCH larger cushion of liquid capital and assets and must plan YEARS in advance. ---very few individuals do this or ever will.   The only correlation is that more and more liabilities are not meeting income. Except when an individual goes bankrupt it's mostly on them. If a company goes bankrupt it can effect hundreds or thousands of employees AND the company. An indivdual going bankrupt won't then bankrupt their creditors or vendors but a company going bankrupt very well could.   I don't know if you knew this, but the United States itself is bankrupt.... We can't meet liabilities with the current income. That doesn't mean increased taxes to increase income. It means reducing liabilities and creating an envionment where those who bring in the revenue can expand.   What we're talking about here is companies receiving additional burdens, not less, thus there is an incentive to decrease liabilities where possible, sell or close if necessary."}
{"_id": "102824", "title": "", "text": "Wow. Just goes to show lack of understanding or ignorance.  No. America is not a country, but continents.   No US is not protectionist. It is more global then ever. If you thought we are now protectionist, you were fooled by Trump.   &gt;Also I notice that in you trying to cite that graph of the top countries with Tariffs, China and the United States are still in the top 5. So what are you objecting to, that I did not include Brazil and India in my original list? It seems like Russia is the only one not on that graph. If you extended this to all countries Canada would still be in the top 10. You really fucked yourself over here.  Lol. What kind of cognitive dissonance is it? Are you joking you saying 1 % tarrif is protectionism?   I cant tell if it is your lack of understanding, denial, getting fooled or what.   &gt;VENEZUELA IS NOT ON THAT LIST YOU LINKED.  Where did I say said it was?   Edit. Nice changing the topics btw. LOL Russia. LOL. You must be one of those putin supporter"}
{"_id": "102830", "title": "", "text": "It's because financing can fall through, and then the time between offer and closing is wasted. Often buyers will include preapprovals and other evidence of financing eligibility with their offer for this reason."}
{"_id": "102857", "title": "", "text": "Seems fair.  I think this is a real subjective thing.  Financially lets get rid of that line before interest rates get too high.  Maybe have him pay you the $200 he is paying towards the interest each month."}
{"_id": "102860", "title": "", "text": "\"Between this, and them setting up the website to check if you've been affected with a relatively hidden clause that says \"\"if you use this website to check if your information was compromised, you waive your right to sue, and must go to arbitration\"\", I'm starting to wonder if Equifax is gonna survive the legal blowout here....\""}
{"_id": "102880", "title": "", "text": "Looks like this is just for billing mostly.   We need inventory management that integrates with our PO's but still be able to add line items for sales that do not come from inventory.   We need a system similar to SAP."}
{"_id": "102904", "title": "", "text": "This is a Vanguard-specific difference in the sense that in the US, Vanguard is a leader in lowering management fees for the mutual funds  that they offer. Of course, several US mutual fund companies have also been lowering the expense ratio of their mutual funds in recent years because more and  more investors have been paying attention to this particular performance parameter, and opting for funds that have low expense ratios. But many US funds have not reduced their expense ratios very much and continue to have expense ratios of 1% or even higher.  For example, American Funds Developing World Growth and Income Fund (DWGAX) charges a 1.39% expense ratio while their 2060 Retirement Fund (AANTX) charges 1.12% (the funds also have a 5.75% sales charge); Putnam Capital Opportunities Fund charges 1.91% for their Class C shares, and so on.   Many funds with high expense ratios (and sometimes sales charges as well) show up as options in far too many 401(k) plans, especially 401(k) plans of small companies, because small companies do not enjoy economies of scale and do not have much negotiating power when dealing with 401(k) custodians and administrators."}
{"_id": "102917", "title": "", "text": "Fascinating article. I have read that the Federal Reserve is contemplating allowing the unemployment rate to drop further until some of the elusive wage gains appear. Still seems risky if inflation suddenly shows up and rates have to rise fast to hold it off."}
{"_id": "102921", "title": "", "text": "If you are looking for the best wedding hall then contact with Radha Krishna Hall which provides the best Hall In Mira Road. Radha Krishna Hall offers the best halls both air conditioned and non air conditioned. To know more, read the full article or visit: http://www.radhakrishnahall.in/"}
{"_id": "102928", "title": "", "text": "I don't know.  Some of it is circuitous. For instance, in the DC area, one of the best venues for rock/metal music is the Filmore in Silver Spring. Why? Because that's the club affiliated with TicketMaster / LiveNation, so they get the best acts.  There are plenty of equally good places from a venue standpoint in the area (e.g., the 9:30 Club in the U Street area, or even the State Theater in Falls Church), but the top acts tend to overlook those places because their agents are booking national tours, and they know to go to the Filmore for any show in the DC area.  If Amazon came in, attached themselves to one of those other venues, charged less for those BS convenience fees, and attracted the same level of talent as you see with TicketMaster / LiveNation today, they'd be printing money hand over fist."}
{"_id": "102936", "title": "", "text": "\"&gt; [\u2013]RenoNineJuanJuan -22 points 1 month ago  Jeez. I'm gonna get downvoted like hell for this but fuck it. I watched the video, and the kid obviously had a multi tool knife that was FOLDED (follow up research even told me that), and he was obviously going through a mental breakdown. People in a mental breakdown don't know what to do, so rather than say \"\"Suicide by Cop\"\", I'd say he was so dissociated from the real world he wanted to play out this adrenaline-fueled engagement to see where it would take him. Still sad though. Also, the top comment is bullshit. My brother was a marine for several years and he was taught to shoot at the head and drop 'em.  Hmm really activates the almonds.\""}
{"_id": "102941", "title": "", "text": "It would depend on how big of a demo. will see the company's info and what the sponsorship entails.  If its a small spot on a poster of an obscure sport vs the main sponsor for a HS football team in a big sports town."}
{"_id": "102953", "title": "", "text": "I think this is straight up stock manipulation at this point.   Someone got norovirus, has nothing to do with Chipotle.  It's just fun to make diarrhea jokes I guess...  and make a ton of money shorting this stock every time someone complains about having to poop."}
{"_id": "102954", "title": "", "text": "There are many situations where injecting a certain amount of cash at the right time may reap rewards far in excess of the value of the cash injected. For example, if someone who needs a car to get to work gets in a wreck and that person does not have ready money to make it driveable may have no choice but to secure very expensive financing.  Receipt of $1000 in ready money to repair the car may thus save the person from having to take out a loan that would cost $1200 or more to repay. While the insurance business has sufficient overhead that it is unlikely that insurance would generally have a positive net expectation even considering such factors, it is at least theoretically possible that insurance could have a positive expected value for both the insurer and the insured (and in some cases it may have positive expected values for both parties in practice as well)."}
{"_id": "102968", "title": "", "text": "Okay first of all and economic system needs division of labor to have much more efficiency and productivity. Which means people will do repetitive task and be very good at them, decrease their cost of starting a new task(there is a preparation time and cost), which also suggest people won't be inclined to do the same stuff since it becomes pointless and could have existential crisis. It is much fun and fulfilling  to do everything you need to done yourself, like keeping care of your house, making food(even hunting), taking care of health if family, building your own house but is also much much less productive and also worse.    Making this part clear, which is a long paragraph for a obvious fact, people also need motivation for this repetitiveness which is money and statue. These are the goals of everyone doing the same unnecessary stuff( lets face it other than shelter, food,education and health , things being done these days are no so quite a necessity).  So unless humans became more capable of understanding these are just made up dreams that we had made which makes the system go on (otherwise it will collapse) and understand the real inner reason for these dreams (self-fulfillment   , attention, whatsoever) this economic system will continue. I understand my response was nothin economically related and was sort of edgy this is my sincere thoughts on the topic. I also think this economic model won't change unless 2 reasons; -Political systems changes which i find likely in 50 years time and people will just give up in democracy since it is being used much worse than monarchy -A war that has never been written in history before which would change the economic system entirely since most of the economic system in interrelated with different countries(globalization) and most economic activities are not production(solid material) but services (entertainment and other) which has no use in war economy."}
{"_id": "102995", "title": "", "text": "I think I may have figured this out but if someone could double check my reasoning I'd appreciate it. So if my company makes $75000 and I decide to pay myself a $30000 salary, then the quarterly payment break down would be like this: 1040ES: Would pay income tax on non salary dividend ($45000) 941: Would pay income tax, SS, medicare on salary ($30000) (I'm the only person on payroll) So I think this answers my question in that after switching from filing as LLC to S-corp, I won't have to pay as much on 1040ES because some of it will now be covered on payroll."}
{"_id": "102999", "title": "", "text": "&gt;suffering, say, a potential 20% loss for business reasons can be preferable to creating a guaranteed, irreversible 37% loss due to state and federal LTCG taxes.  You don't pay taxes on capital losses...  In fact, you can write them off against future gains."}
{"_id": "103013", "title": "", "text": "If you look at it from the hedging perspective, if you're unsure you're going to need to hedge but want to lock in an option premium price if you do need to do so, I could see this making sense."}
{"_id": "103021", "title": "", "text": "I think that the 2008 events represented a loss of a very large amount of equity for Americas, also it had a ripple effect around the world on other countries.  Now - almost as if they wanted it to happen again, the Obama Administration's trade policy and big EU banks are pushing to use the [global TISA trade in services trade deal](http://corporateeurope.org/blog/342-civil-society-groups-oppose-deregulation-and-privatisation-proposed-services-agreement-tisa) to quietly irreversibly deregulate a huge number of areas whch will effect hundreds of millions of people, including the banking industry- deregulate global banks, which is exactly the wrong thing to do.  Deregulation is what caused the 2008 crisis- http://www.usnews.com/opinion/blogs/economic-intelligence/2012/08/27/repeal-of-glass-steagall-caused-the-financial-crisis"}
{"_id": "103030", "title": "", "text": "In the United Kingdom, there is a leading company that has been offering Progressive business funding solutions to the businesses for the last 120 years. Their service areas are South Africa, New Zealand, Ireland, Canada, Australia, USA, etc."}
{"_id": "103053", "title": "", "text": "If you believe that you are a location for possible power disruptions, then you much better be gotten ready for things to take place. You cannot stop the power interruption to take place in your place however you can find a service so that even with a power disruption experience, you can still continue with what you are doing. All you require is a commercial backup generator that will provide you with the needed electricity based upon the power that it has kept. The generator usually works by transforming power into electrical energy that is why you have the opportunity to continue home activities as the power interruption goes on."}
{"_id": "103093", "title": "", "text": "Staying with your numbers - a 7% long term return will have a tax of 15% (today's long term cap gain tax) resulting in a post tax of 5.95%. On the other hand, even if the student loan interest remains deductible, it's subject to phaseout and a really successful grad will quickly lose the deduction.  There's a similar debate regarding mortgage debt. When I've commented on my 3.5% mortgage costing 2.5% post tax, there's no consensus agreeing that this loan should remain as long as possible in favor of investing in the market for its long term growth. And in this case the advantage is a full 3.45%/yr. While I've made my decision, Ben's points remain, the market return isn't guaranteed, while that monthly loan payment is fixed and due each month.  In the big picture, I'd prioritize to make deposits to the 401(k) up to the match, if offered, pay down any higher interest debt such as credit cards, build an emergency account, and then make extra payments to the student loan.  Keep in mind, also - if buying a house is an important goal, the savings toward the downpayment might take priority. Student Loans and Your First Mortgage is an article I wrote which describes the interaction between that loan debt and your mortgage borrowing ability. It's worth understanding the process as paying off the S/L too soon can impact that home purchase."}
{"_id": "103120", "title": "", "text": "Your best bet is to use a payment processor that charges ONLY a fixed monthly fee and not a fee per transaction."}
{"_id": "103125", "title": "", "text": "Mint.com does all of that (except for the cash at hand)."}
{"_id": "103130", "title": "", "text": "Your question has 6 questions marks along with comments on what you'd like to know.  Yes, there are stocks that are tough to short, a combination of low float, high current short positions, etc. Interest charged on the position rises in a supply/demand fashion.  To unwind the position, there's always going to be stock available to buy. A shortage of willing sellers will cause the price to go up, but you'll see a bid/ask and the market will clear, i.e. The buy order fills."}
{"_id": "103147", "title": "", "text": "The original option writer (seller) can close his short position in the contracts he wrote by purchasing back matching contracts (i.e. contracts with the same terms: underlying, option type, strike price, expiration date) from any others who hold long positions, or else who write new matching contract instances. Rather than buyer and seller settling directly, options are settled through a central options clearing house, being the Options Clearing Corporation for exchange-listed options in the U.S. See also Wikipedia - Clearing house (finance). So, the original buyer of the put maintains his position (insurance) and the clearing process ensures he is matched up with somebody else holding a matching obligation, if he chooses to exercise his put. I also answered a similar question but in more detail, here."}
{"_id": "103153", "title": "", "text": "The 10-K language is very specific. And as someone that has worked w/ securities attorneys to write these things, I know it is worded like that for a reason. Regardless, to have that risk factor in there and not disclose executives leaving is really shoddy disclosure."}
{"_id": "103175", "title": "", "text": "Maybe it's just because of the foundation date. If I start a company on August 1st, I would like its FY starts on that date too, in order to track my first whole year. Would be quite useless to finish my year on December, after just five months. I want to have data of my first year after a twelve months activity."}
{"_id": "103176", "title": "", "text": "As far as I know (I am not a tax professional or IFA!) there would be no tax implications or other burden on the recipient of the loan under UK law, even if it ended up being treated as a gift rather than a loan. There are no clauses about money being in the account for 90 days in UK housing transactions, however under money laundering rules your brother's solicitor might need sight of loan agreements to verify where the funds came from (I think it would depend on whether you paid the money to your brother direct, in which case there would be no problem, or if you paid it direct to the solicitor for the purchase). What Canadian law might say about capital gains / inheritance tax (if the Canadian IRS did decide the loan counted as a gift) I have no idea."}
{"_id": "103179", "title": "", "text": "\"That is not true. Leads can cost anywhere from a penny to over $50.00 depending on how you define the word \"\"lead\"\" ROI is supposed to reflect this. If I invest $5000.00 on a marketing campaign and I close 5 deals for a net profit of 2k each, then I spent 5k to make 10k. It doesn't matter if I put up a billboard, telemarketed, mailed, or did a email campaign.  4. Cost per order/lead for acquisition campaigns were roughly equivalent for all the channels. The most notable result from the 2012 Response Rate Report may be the fact that, ultimately, the cost for acquiring a lead ended up in the same ballpark no matter what the channel. Direct mail ($51.40), postcard ($54.10), email ($55.24), and paid search ($52.58) all produced comparable numbers in this arena. Hmmmmm\u2026\""}
{"_id": "103183", "title": "", "text": "Is used cmc markets application (via my bank at the time) to gain leveraged exposure to the financial markets, with no tax payable as its classed as gambling.  I am sure there are other websites/application offering the same. The results weren't particularly pretty for me, but the concept is sound imo."}
{"_id": "103234", "title": "", "text": "In some cases, especially but not only for subprime loans, they are actually testing whether you will lie to them. (Discovered this when working on a loan origination applicat\u00edon for car dealers -- they explicitly did not want us to autocomplete some values because that might remind applicants that answers would be checked.)"}
{"_id": "103235", "title": "", "text": "Healthcare - can they go directly on to your health insurance, and at what cost? And get those immunisations lined up to ensure no later illnesses that can be expensive and avoidable. Education - how are the schools in your area and what is the schools policy?  Should you be considering moving and how long in advance?  Your first choice may have a long waiting list, even for pre-schools.  All these can have an impact on the investment in your current home. Child-proofing - how safe is your existing home and will you need to invest in some child-proofing (stairs, cupboards, basements, electricity outlets)?"}
{"_id": "103249", "title": "", "text": "They want a regular revenue stream for something that is not what the customer wants.  If they would make a solid credible product I might be willing to pay a service fee....  I've moved sore stuff to Linux....  but office is a hammer lock as for business you need msoffice to hand this back and forth....  what a mess... If they would just make a good product..."}
{"_id": "103256", "title": "", "text": "\"You start with an error.  &gt;a known disadvantaged minority.  This tells me that you buy into the liberal \"\"no man is responsible for himself\"\" bullshit. As you probably do not know, the poorest counties in the US are 95% white, but somehow you need to be a fucking minority to fit into your little box. [PROOF](http://dailycaller.com/2016/03/08/sanders-is-wrong-americas-poorest-counties-are-95-percent-white/)  If you would have bothered to click on the link I provided for your ass you would see that the assistance that we have been providing for 50 god damn years does not work.   In adult world we make decisions based on data, not what our social justice handlers tell us are disadvantaged minorities.. Read the links assmunch.   Here is my solution.  1.If you are willing to work and show progress we as a society will support that process. If you sit back and \"\"woe as me\"\" because you are a disadvantaged minority you can fuck right off.  2.If you as a regular person want to give them some money or start a charity because you feel bad about things we cannot measure, then fine. Has nothing to do with society owing you a thing. Life, Liberty and the Pursuit of Happiness. Not a check for 50 years, like Detroit and Baltimore.  3.Family and Church support worked pretty well until the welfare society.   **'When the people find that they can vote themselves money that will herald the end of the republic.'**  -------------Ben Franklin\""}
{"_id": "103316", "title": "", "text": "Dude, let go of the Fox News thing. I could care less about them since most of the patriots left. Worry more about every other news site in the world that's reporting on muslims stabbing people and smashing them with hammers and running them over with trucks. You're not going to suppress the news, no matter how much you bash the news outlets. Sorry Brah!  Who did you vote for in the US election?   Now let's see how smart you are, when is the last time you heard of someone blow some shit up while yelling:  a) Allah is great!   b) Jesus is great!  c) The buddha is great!  d) Jehovah is great!   e) Santa Clause is great!  I don't want to give it away, but one of those answers should be sticking out PRREEEEETTTTTTYYYY clearly, if you don't still have your head up killary's asshole. (What's it smell like in there, Webb Hubbell?)"}
{"_id": "103321", "title": "", "text": "Since you are posting to Reddit adding a simple website and Twitter account may also help.  It gives people a way to find you and refer others to you...  Trip Advisor is an important way to gain customers I believe (though the website is far from perfect it can be useful for travelers).  On the website/blog include some photos of where to visit..."}
{"_id": "103322", "title": "", "text": "This will always be the case unless the tax relief is more than the expenditure, which it never is. There are some ways in which this can become worth it: if the thing you are spending the money on would actually be useful, of it you might be able to sell it for more than four dollars later - or if you can claim a government grant or similar for more than four dollars. And at the level of corporate finance it can get more complicated. But otherwise, No."}
{"_id": "103331", "title": "", "text": "Must be the case. I went to a local chain electronics store here in the UK awhile back called currys.   I saw a tv I liked. Looked up the model number on amazon to find it almost \u00a3300 cheaper. A crazy difference.   But... I thought I really wanted this thing asap. So if be willing to pay more (dumb). I asked if I could get it delivered to my house a 5 min walk away.   He said sure. It would be \u00a350 delivery and would take 7 days. I laughed and said I can have this tv for 300 less and delivered via prime tomorrow morning. He didn't even offer a price reduction. So bought it right there on the phone whilst I explained how ridiculous it is they would rather not make a sale at all then compete with amazon.   I hope they go down in flames."}
{"_id": "103333", "title": "", "text": "Perhaps I can: my city is full of towers of Chinese investor owned condos that were purchased to gain EB5 visas.  These visas require a $500k investment in the US, in an economically depressed area.  The census tracts were gerrymandered together to make a nice part of town qualify.  They were sold with 30 year property tax abatements, and at the end of that period they will likely have to pay something like 50k/yr in taxes, which is likely about what they will be renting for.  These condos do not exist to be lived in, but have manufactured a huge bubble in property value because of the visa program.  Jared Kushner is a primary investor in this vehicle.  These will crash if there are changes to this program or any change that forces more units on the market.  Otherwise they'll crash in 25-30 years when nobody wants a timebomb with massive expenses incoming.    The other bubble is of course the huge real estate bubble China is creating within its own borders, which rivals the real estate bubble within US borders, both of which are driven by unsustainable low interest rates."}
{"_id": "103344", "title": "", "text": "Any state sponsored media outlet is going to in some way serve the agenda of its sponsor. The BBC does make an effort to remain more impartial whereas the KCNA of North Korea obviously does not. Private media such as CNN are obviously still often employed to further national agendas, especially in areas such as war reporting, but will also be directly more critical of their government if there are conflicts between interests of the ruling party and the owners of the media. Naturally in undemocratic regimes like China and Russia, such dissent is not permitted as there are not rival political partys in any true sense."}
{"_id": "103362", "title": "", "text": "Levarge in simple terms is how of your own money to how much of borrowed money.   So in 2008 Typical leverage ratios were Investment Banks 30:1 means that for every 1 Unit of Banks money [shareholders capital/ long term debts] there was 30 Units of borrowed money [from deposits/for other institutions/etc]. This is a very unstable situation as typically say you lent out 31 to someone else, half way through repayments, the depositors and other lends are asking you 30 back. You are sunk. Now lets say if you lent 31 to some one, but 30 was your moeny and 1 was from deposits/etc. Then you can anytime more easily pay back the 1 to the depositor. In day trading, usually one squares away the position the same day or within a short period. Hence say you want to buy something worth 1000 in the morning and are selling it say the same day. You are expecting the price to by 1005 and a gain 5. Now when you buy via your broker/trader, you may not be required to pay 1000. Normally one just needs to pay a margin money, typically 10% [varies from market to market, country to country]. So in the first case if you put 1000 and get by 5, you made a profit of 0.5%. However if you were to pay only 10 as margin money [rest 990 is assumed loan from your broker]. You sell at 1005, the broker deducts his 990, and you get 15. So technically on 10 you have made 5 more, ie 50% returns. So this is leveraging of 10:1. If say your broker allowed only 5% margin money, then you just need to pay 5 for the 1000 trade, get back 5. You have made a 100% profit, but the leveraging is 20:1.  Now lets say at this high leveraging when you are selling you get only 990. So you still owe the broker 5, if you can't pay-up and if lot of other such people can't pay-up, then the broker will also go bankrupt and there is a huge risk.  Hence although leveraging helps in quite a few cases, there is always an associated risk when things go wrong badly."}
{"_id": "103363", "title": "", "text": "Well I mean yea it's absolutely possible to be making as much. I was talking about teaching the people you sponsor into business downline from you. You teach those people to stop shopping from GNC and Red Bull and instead buy similar products from Amway. It's money they are already spending and you teach them to shop through their own store to keep the profit. Some people just want to make a little bit of money on the side selling their products without sponsoring people.   That's not what I'm talking about. The whole idea is to build a business asset that will give you TIME. It's about creating cash flow so you can stop trading your time working for a boss and building his company. Then you find other people who want that lifestyle and teach them how to accomplish those dreams."}
{"_id": "103377", "title": "", "text": "Assuming the United States. This is a loan and not an investment.  You report this as income and will pay your tax rate on the 18% of the money that the borrower pays you (any money paid above what was originally lent) for the year in which it was received. You owe taxes on the income even if the borrower does not send you a Form 1099-INT showing the interest you received. For example: If you loan $10,000 and receive $1,800 in interest, and your tax bracket is 25%, then you will owe $450 in tax."}
{"_id": "103403", "title": "", "text": "his is because with time you have accumulated bits and pieces that you can\u2019t discard in the time being. The possibility is high that those possessions have a sentimental value and we also know, \u201cadding things in life is easy, but subtracting them is difficult.\u201d Heaping things is not an issue until they clutter up your home."}
{"_id": "103405", "title": "", "text": "Only if your work on the side is making you at least \u00a360,000 profit a year. The overheads are just not worth it if you make less. Working as a sole trader, you can still claim for expenses incurred in the course of your business. You can also claim a percentage of your computer costs, even though you may use the computer for gaming. This is not unreasonable as the computer is necessary for your work. The Inland Revenue accept the fact that some assets are part work-related. In your case, as a web and mobile phone developer, I expect the percentage to be at least half, if not a lot more. If you need to travel in the course of your work you can claim a percentage for your car. You can include other small expenses such as telephone, stationery, electricity etc but don't go overboard. The important point to remember is that you must be able to defend the expenses claimed as work-related, so long as you can do this there is no problem. Remember to keep good records of all your expenses. This is on-going throughout the year and is much more work than filling out your tax return. The software on the IR self-assessment site is excellent, so it's conceivable that you may not need an accountant if you are prepared to do your own tax return. However, if you feel unsure employ an accountant initially and take it from there."}
{"_id": "103413", "title": "", "text": "Loan Provider Company in India  http://tirupatiinvestservices.com/ We are best Loan Provider Company with flexible plans of returning payments. We give short tenure loans to long-tenure loans. Our Loans are provided for Personal Development, Business Development, Home Development, Mortgage Loan etc. We are among the trusted company in India. We have established our office in Gujarat, Maharashtra and West Bengal. We have been serving in this industry from last 25 years and we are reputed company in the finance sector."}
{"_id": "103423", "title": "", "text": "Why is it important?  Are you saying Lewis gets credit for correctly identifying the person to befriend, based on their likelihood of helping him?  You're talking about assisting factors *likely* to help while avoiding the ones likely to harm you.  Lewis made dumb choices twice and was still successful. Even then, the 'big shot' might have turned out to be Murdoch or Conrad Black, and earned him a trip to jail.   Either way, the factors involved are ultimately out of your control however much you encourage them."}
{"_id": "103437", "title": "", "text": "Here is how it should look: 100 shares of restricted stock (RSU) vest. 25 shares sold to pay for taxes. W2 (and probably paycheck) shows your income going up by 100 shares worth and your taxes withheld going up by 25 shares worth. Now you own 75 shares with after-tax money. If you stop here, there would be no stock sale and no tax issues.  You'd have just earned W2 income and withheld taxes through your W2 job. Now, when you sell those 75 shares whether it is the same day or years later, the basis for those 75 shares is adjusted by the amount that went in to your W2.   So if they were bought for $20, your adjusted basis would be 75*$20."}
{"_id": "103439", "title": "", "text": "The main problem I have with Uber is they represent themselves differently in some contexts than others. To most customers, Uber is Uber, not the individual who is driving.   Conceptually, individuals not being able to shield themselves behind a corporation is an interesting idea, with both pros and cons."}
{"_id": "103447", "title": "", "text": "This is probably a very opinion-based Q&A. But anyway: My solution to such questions is to have multiple layers of emergency funds. I have one amount in a bank account that I do not like to tap, but can (and do) when I need money. This is most close to your infrequent but not completely surprising moments of cash need. I have a second layer in the form of stocks. As I understand that selling stocks should not be done when you need money, but when the stock price is good, this provides a fairly high barrier to selling it on a whim. Before I do so, especially if the stock price isn't at a local max, it would have to be an emergency. My third layer is even more fixed investment which I can't access with online brokerage. The physical aspect makes sure that it has to be a real, serious emergency before I turn that into cash. If you have such a layered approach, the question is not black and white anymore, and easier to answer."}
{"_id": "103461", "title": "", "text": "\"Our current economic situation is a mess, and our current tax system is the problem, but the problem is too little wealth taxation, not too much.    You are correct in asserting that land value tax is not the solution, since we don't live in a society where farmland is the primary source of ownership-based income.  If you want to look at what you can own to earn money these days, look at the holdings of Apple, Google, Microsoft, Amazon, Exxon-Mobile, Verizon, etc. It's not farmland anymore, it's IP, and it goes entirely untaxed.  Taxing property is completely appropriate but the problem is that we live in a world where the taxes, even taxes designed to tax wealth like property taxes, fall almost entirely on the individual, since high value capital can move jurisdictions to dodge taxes and thus taxing wealth like we should creates a competitive disadvantage.    When you push back on real estate property taxes you don't make things better for most people.  Property values rise (since the value of an asset is proportional to how much money it can earn for it's owner) driving affordability down, rent up, homeownership rates down and generally worsening the quality of life for everyone.  Pushed to the extreme, you get a 2 class system, where land ownership is for the entitled, and everyone else are worthless.  History is littered with examples, which is why we know the word \"\"serf\"\".  For a modern day cautionary tale, look at what happened in California since the Reagan property tax changes.  They still seem convinced it was a great change, but the California real estate market is pure insanity.\""}
{"_id": "103475", "title": "", "text": "\"But on June 28, the 17,000-resident town authorized a declaration of fiscal emergency, a step California cities can take before bankruptcy. In this case, it gives officials in the affluent enclave the power to expedite a referendum on new fees to boost its revenue, which has been restrained by a lackluster retail base and property-tax limits the state enacted almost 40 years ago.  \u201cWe just don\u2019t have enough revenue to take us through the future for many more years before we would really be in some of the situations other cities are, where they\u2019re laying off mass numbers of employees or declaring bankruptcy,\u201d town manager Robert Priebe said in an interview.  Get the latest on global politics in your inbox, every day. Get our newsletter daily.  Enter your email  Sign Up The community, where the median family income is $169,000 a year, illustrates an irony for some at the center of the California\u2019s latest economic boom. While real estate prices have surged, the local tax collections haven\u2019t necessarily followed the same trajectory because of Proposition 13, the 1978 ballot measure that keeps homeowners\u2019 tax bills from rising by more than inflation or 2 percent a year. As a result, local government revenues are growing more slowly than the rest of the U.S., according to a state analysis, leaving some seeking other ways to raise money.  In Moraga, where the council discussed establishing a poet laureate position before approving the fiscal distress declaration, lowering headcount isn\u2019t the first priority. The town\u2019s $8.5 million budget this year authorizes about 36 full-time workers. Members instead opted to reduce services such as park maintenance in the community about 20 miles east of San Francisco.  \u201cWe\u2019re not willing to hurt the public first,\"\" Priebe said. \"\"We\u2019re not going to lay off half of our employees and have the quality of life of all of our citizens really be impacted.\u201d   Moraga\u2019s declaration hasn\u2019t affected its standing on Wall Street. Its $7.7 million in outstanding debt is rated AA+, second highest by S&amp;P Global Ratings. One of its bonds due April 2029 was valued on July 5 at 0.85 percentage point more than benchmark debt, little changed from the 0.82 percentage point seen on the day of the fiscal emergency declaration. That spread stood at 1.16 percentage point at 2016 year-end, according to data compiled by Bloomberg.  The squeeze on Moraga stems in part from two infrastructure failures: the damage to a bridge in April and a sinkhole that became such a civic event that residents threw it a sarcastic birthday celebration. Though officials are hoping for state and federal reimbursements, the cost to fix both depleted its savings, leaving the city vulnerable to another emergency. The general fund, boosted modestly with this year\u2019s anticipated $46,217 surplus, has about $1.6 million in reserves.  The fiscal emergency declaration allows Moraga to put any revenue-raising measure on the ballot when it wants instead of waiting for a regularly scheduled election. Options being mulled include proposing a flat fee on property or a utility tax, Priebe said. The town will poll residents by phone to see what\u2019s preferable.  Moraga should look to cut personnel expenses first, said Seth Freeman, an unsuccessful council candidate and the only resident to speak about the issue at the board meeting. He criticized the council\u2019s decision to award raises to employees two weeks before issuing the emergency declaration.  \"\"I\u2019m concerned that the simple solution would be to raise taxes than to address some of the issues under the control of the town manager,\"\" Freeman said in an interview. \"\"The compensation for a small town is unaffordable.\u201d  Priebe said the town\u2019s costs are low compared to others in the county and that it must remain competitive. \"\"If we offered no raises, we would lose people.\"\"\""}
{"_id": "103490", "title": "", "text": "Their donuts are disturbing.  After eating one my mouth feels like I just ate a tube of something randomly out of the medicine cabinet.  Were they always like that and I'm just more critical now or did they change something?"}
{"_id": "103511", "title": "", "text": "Pay off the credit card, tear it up and never get another one.  The rest of the money I would add to your emergency fund/save for the anticipated home repairs."}
{"_id": "103526", "title": "", "text": "*All* modern economies are service-based.  It's what makes up the rest that matters, namely manufacturing or natural resources.  Neither Aus nor Can have terribly huge manufacturing sectors by world standards, but the natural resources potential of both nations is enormous."}
{"_id": "103528", "title": "", "text": "\"If you're looking to leverage your capital more efficiently, at the money options offer the best balance. Options deep in the money will have little time premium remaining on them, but don't allow for greater leverage. On the other hand deep out of the money options may be thinly traded, or might not offer the \"\"mirroring\"\" you'd like of the underlying. By purchasing ATM you will likely be buying some time premium, but still be leveraging your capital, potentially several times over.\""}
{"_id": "103536", "title": "", "text": "\"Um no.  Easy google. \"\"What makes stock prices go up?\"\"     &gt;This is how it works with stocks; supply is the amount of shares that people want to sell, and demand is the amount of shares that people want to purchase. If there are a greater number of buyers than sellers (more demand), the buyers bid up the prices of the stocks to entice sellers to get rid of them.  So sure, if a company is performing well, people will want to buy the stock. Causing it to go up.  But even if a company was performing well and no one wanted to buy the stock.  There would be only sellers and the price would go down.\""}
{"_id": "103544", "title": "", "text": "Denver has a lot of Whole Foods locations because they are stores that were taken over when Whole Foods acquired the Wild Oats chain that started in Colorado. I'm really surprised that it is currently fulfilled by Sprouts... I wonder if that will change?  I would think that Sprouts would be absolutely feeling threatened by this Amazon move to buy Whole Foods."}
{"_id": "103552", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-britain-usa-trade-idUSKBN1AB0WQ) reduced by 70%. (I'm a bot) ***** &gt; LONDON - Britain will not accept imports of chlorinated chicken in pursuit of a trade deal with the United States after Brexit, its environment minister said on Wednesday, days after a trade minister tried to play down public health concerns.  &gt; Michael Gove, the minister for the environment, food and rural affairs, was asked in a BBC radio interview whether U.S. chlorinated chicken would be allowed in Britain as part of a future U.S. trade deal after Britain leaves the EU. &amp;quot;No,&amp;quot; he said.  &gt; Trade Secretary Liam Fox has been criticized in recent days for dismissing the issue of chlorinated chicken as &amp;quot;a detail at the very end-stage of one sector of a potential free trade agreement&amp;quot; with the United States.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pqpzz/uk_will_not_accept_chlorinated_chicken_to_secure/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~176288 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **trade**^#1 **deal**^#2 **Britain**^#3 **United**^#4 **States**^#5\""}
{"_id": "103572", "title": "", "text": "Your name (and that address) is probably enough to get it entered against your credit score; he doesn't need a SSN. Worse than that, last time I checked, it was still illegal to skip debt by moving away."}
{"_id": "103583", "title": "", "text": "This should get interesting. BEA is a chronic under-performer, poorly managed and shareholders are suffering and Paul Singer is looking out for his shareholders. David Li has incredible political and social influence in HK and China. Elliott does not stand a chance. Paul Singer wants David to bow out with two times BEA\u2019s current book value, and everyone would win but David's ego is not calculated into this equation."}
{"_id": "103584", "title": "", "text": "\"I think you might be asking the wrong question. You have plenty of capital on the side that can be invested. Instead of asking whether you should get an adviser, you might want to examine what your end goal is. Are you looking to build long term growth of you capital? Are you asking about and adviser because you don't want to handle your money, or is it simply because \"\"that's what people do?\"\" I would imagine that the answer to 1. is yes and that the answer to 2. is that you want to handle your money, and you always considered this something best left to the advisers. I shall proceed on these hypothetical assumptions. In my humble opinion, I would do the following: Skip the adviser and the fees that go with it. For a young professional like yourself, especially with an engineering background, you can certainly handle the education required to learn the mechanics of investing. Invest some time to learn the fundamentals of the market such as asset classes, basic terminology ect. You will benefit in several ways. For one, you will learn an invaluable skill and save tens of thousands in fees during your lifetime. Moreover, you will have complete control of your risk profile, allocation, and every penny that belongs to you. I really am not bashing advisers, but no one will care as much about your money as you will. And don't be fooled. The market is efficient. An adviser does not have any more edge in a market than anyone else. And from first hand experience, they rarely outperform benchmarks net of fees. I assume you have made it to this step because you want to manage your own money and financial future. Sounds scary, how should one proceed? Let's assume that $100,000 is \"\"in play\"\". And since you are learning the ropes, let's leave $50,000 in cash for now. This leaves $50,000 to start a portfolio. I'd start by building a core position of all the major asset classes in ETF form. This means buying things like SPY or TLT. If you're comfortable, you can start selling monthly calls against these positions to reduce basis and earn some income. The point is, your only limitation at this point is taking time to learn the ropes. The technology is there, the free education is there, and liquidity and product mix is there. Next thing you know you're learning how gamma scalping works, or maybe you're more of a Buffett type.  This is how I view finance in general, and truly hope you break through the initial barrier to controling your own finances.\""}
{"_id": "103589", "title": "", "text": "You need to contact the lender. Your copy of the title should show that your lender has a lien on the car. The potential buyer will want to be able to walk away with good title without risking their money.  It will not be as simple as signing the back of the title. The lender doesn't drop their lien until they get their money. When trying to sell a car with a lien to a private buyer, you may have to both go to the lender to complete the transaction. Or the buyer might want to send the money directly to the lender, or may insist on an escrow service. The fact you don't own the car may scare most individuals from the process. You will have to do whatever makes them comfortable.  A dealer will not be concerned about this type of transaction, but the fact that most individuals are,  may give the dealer enough competitive advantage to lower their offer to you. Steps: Keep in mind that after only 7 months many car loans are upside down."}
{"_id": "103590", "title": "", "text": "Having a large state return also means that there is a potential income tax liability created at the federal level for the following year, as the situation resulted from the deduction of more on one's federal return than should have been deducted. The state refund is treated as federal income in the year it is refunded. http://blog.turbotax.intuit.com/tax-tips/is-my-state-tax-refund-taxable-and-why-90/"}
{"_id": "103593", "title": "", "text": "\"Yeah...I was a libertarian until they said they want to end the Federal Reserve. I'm more of a conservative.   Your point (that a minimum wage at a major metropolitan area is often not a \"\"livable\"\" wage) is irrelevant. Wages are a  fee given to employees for their work. The way an employee earns a high wage is by providing value that is greater than that wage. If the value an employee brings to an employer is less than the wage he's paid, an employer will lay off that individual because the employee *costs* the employer money. Therefore, setting a minimum wage simply means you ban certain individuals (usually first time workers or otherwise unskilled) from the workforce because they currently do not have the skills and/or experience to justify that wage. Furthermore, the higher you set the minimum wage, the more people you deprive of jobs.\""}
{"_id": "103600", "title": "", "text": "\"there's people in Balance sheet substantiation that are the last ones to leave, or \"\"risk\"\" after dark when the lights turn off at 7 for this bank I intern for.  Luckily for me I have a front office role as an intern\""}
{"_id": "103610", "title": "", "text": "\"you didn't say it was perfect. you didn't say it was imperfect. you said:  &gt;i want america to be hong kong  surely you realize that the amount of control exerted by the chinese government over hong kong contributes to the economic rating given to it by the conservative think-tank/research group whose website you provided as a source  you can't pick and choose which parts of a country you want if you \"\"want america to be hong kong\"\"  you didn't say that you just want it to be similar in some ways (but not all) to hong kong -- you're stating that you want it to be just like it\""}
{"_id": "103618", "title": "", "text": "\"Bittcoin is not a currency, it's a store of value, because it is not widely accepted as tender by most people. Even as a store of value, it's not very good. It's volatile and the fact that there is a limited supply of bitcoin is not a good thing. Sure, in the short run it results in speculation that drives up the price of a coin and makes it all the rage among gamblers but I don't think anyone can explain how, if used on a larger scale, wouldn't lead to deflation in the price of goods.   Also, at the end of the day, fiat currencies are based on trust and accountability of the government. How does Bitcoin or any other online currency solve that problem? There's no accountability, and it effectively acts as as an anti-currency, fueled by mistrust in the establishment.   What do you mean, \"\"cryptocurrencies are growing hundreds of times faster than the market as a whole\"\"?\""}
{"_id": "103622", "title": "", "text": "If you know with 100% certainty what the market will do, then invest it all at the best time. If not, spread it out over time to avoid investing it all at the worst possible time."}
{"_id": "103651", "title": "", "text": "Pretty fuck up that these companies want to brag about the people who spent their whole lives making them rich dying early makes them richer. They should feel bad and want a solution not brag about money saved. How about the money should go onto the families who said person who died?"}
{"_id": "103662", "title": "", "text": "I finally got one to separate my business and personal expenses.  It will make accounting at the end of the year a lot easier."}
{"_id": "103668", "title": "", "text": "I would deduct all the other payments out as subcontractors, but I typically have all the paperwork and entities set up to make that applicable. In Turbotax I do this with as subcontracting expense under my business entity, but for the IRS the categories of the deductions do not matter This isn't tax advice, it is what I would do, and how I would defend it under an audit. Everyone else that was paid also needs to report it. The lack of reciprocal filing (you deducted income paid to someone else, the person did not report that income, or reported it in a different way) is a number one thing to trigger IRS scrutiny. Although accurate, you need to be aware that you are shifting the tax burden away from yourself, by deducting it."}
{"_id": "103680", "title": "", "text": "Many small businesses are still cash and check.  For example my landlord does not take credit card or online transfer.   My choices are cash and check, and I prefer checks for the paper trail."}
{"_id": "103706", "title": "", "text": "Setting a precedence with demands at the beginning should not be undervalued. Agreed that you emphasize long term value but establishing your requests ( not in demand form) also plays into your long term value because it is retribution to what you offer."}
{"_id": "103719", "title": "", "text": "You can engage in a pair trade that involves analyzing how closely percentage wise these stocks trade tick for tick. You can bet on the ratio expanding or contracting. only slightly more information here, but maybe explained more intuitively: http://www.investopedia.com/terms/p/pairstrade.asp and here is an example: http://www.investopedia.com/university/guide-pairs-trading/pairs-trade-example.asp"}
{"_id": "103720", "title": "", "text": "\"Regardless of wether or not you are registered for GST, you are legally required to include a GST total on every invoice sent to an Australian customer. This GST total must be 10% of the payment amount if you are registered for GST, or it must be $0.00 if you are not registered for GST. Since all GST transactions with the government are in Australian dollars, this amount on the invoice also needs to be in AUD, or else it's impossible for you and your customer to both be working off the same GST amount. This means you need to transfer your money from USD to AUD in PayPal's \"\"Manage Currencies\"\" area before you can send a tax invoice to the customer, so that you can provide the correct amount in AUD based on the actual exchange rate for the day (and you are required to send invoices promptly). Alternatively, you can collect payments in AUD using PayPal or use a different payment service that collects payments in USD but immediately converts them to AUD for sending an invoice (australian paypal competitors often provide this service).\""}
{"_id": "103742", "title": "", "text": "any amount, any length of repay time Ask if you can have a billion dollars for a billion years. On a more serious note, that would actually be horrible advice because your monthly payment ($2.5M) would be the same at 669 years, so any term longer than that would be literally throwing money away. Though, one could argue that 669 years compared to 668 is also throwing money away, since you'd be paying an extra $30M over the course of the extra year to lower your payment by just 1 cent per month, but who are we to judge..."}
{"_id": "103748", "title": "", "text": "\"As is so often the case, there is an asterisk next to that 2.5% interest offer.  It leads you to a footnote which says: Savings Interest Rate Offer of 2.5% is available between January 1, 2015 and March 31, 2015 on all net new deposits made between January 1, 2015 and March 31, 2015 to a maximum of $250,000.00 per Account registration. You only earn 2.5% interest on deposits made during those three months.  Also, on the full offer info page, it says: During the Offer Period, the Bank will calculate Additional Interest on eligible net new deposits and: All interest payments are ineligible for the purposes of calculating Additional Interest and will not be calculated for the purposes of determining eligible daily balances. In other words, any interest paid into an Applicable Account, including Additional Interest, will not be treated as a new deposit for subsequently calculating Additional Interest payments. I couldn't totally parse out all the details of the offer from their legalese, but what it sounds like is you will earn 2.5% interest on money that you deposit into the account during those three months.  Any interest you accrue during that time will not count as a deposit in this sense, and so will not earn 2.5% compounded returns.  The \"\"During the Offer Period\"\" qualification also makes it sound like this extra interest will only be paid during the three months (presumably at a 2.5% annualized rate, but I can't see where it actually says this). So essentially you are getting a one-time bonus for making deposits during a specific three-month period.  The account doesn't really earn 2.5% interest in the normal sense.  The long-term interest rate will be what it normally is for their savings accounts, which this page says is 1.05%.\""}
{"_id": "103753", "title": "", "text": "Telemarketing is a method of direct marketing in which a salesperson solicits prospective customers to buy products or services, either over the phone or through a subsequent face to face or Web conferencing appointment scheduled during the call. Telemarketing can also include recorded sales pitches programmed to be played over the phone via automatic dialing."}
{"_id": "103758", "title": "", "text": "Typically, a transfer of money isn't taxed in and of itself. If they send you $1000 and you send them goods, your profit is what would be taxed, not the full amount sent to you. You need to keep track of all money you spend to acquire the goods, and all money coming in, so you can declare the profit you've made as income. Your question appears to be less about personal finance, and more about running a small business."}
{"_id": "103771", "title": "", "text": "The government wants money and isn't particularly interested in you getting your deductions right. Doing the worksheet on the back of the W-4 will give you a much better idea of how many deductions you can take. While many people are excited to get a tax refund, a refund means you loaned the government money all year long without getting paid interest for your generosity. The IRS will penalize you for underpaying your taxes in amounts larger than $1000 or 10% of your income, but a good ballpark estimate aiming for about ~$100 in payment at tax time is a relatively safe way to get all your money sooner than later."}
{"_id": "103795", "title": "", "text": "December, 6, 2011 ( 03:00 pm) :- Comex Silver have strong support at $ 31.60 above this level Silver trend looking side but resistance also at $ 33.20.  Whole market investors are very much depend on the views of the European central bank which is on the 8th December 2011, European central bank President Mario will announce the financial package for the help of Italy &amp; other European countries.  Market will be in range of $ 31.60 - $ 33.20 then short term charity after the 8th December 2011 ECB &amp; BOE meeting."}
{"_id": "103804", "title": "", "text": "This site lets people deposit gold into an account.  Once you have an account setup you can pay others in gold online.  I haven't used it or know of anyone who has so I cannot provide any feedback to how well it works."}
{"_id": "103817", "title": "", "text": "\"I haven't been to Buffalo Wild Wings that many times, so I apologize if I'm missing something, but what is appealing about that place.  Service was shit.  Food was shit.  Setting was shit.  I'd be better off going to the \"\"food court\"\" at my local grocery store than to a Buffalo Wild Wings.    There wasn't a single redeeming quality of the place.\""}
{"_id": "103828", "title": "", "text": "why not just use a conditional order (http://www.investopedia.com/university/intro-to-order-types/conditional-orders.asp)? Like a one triggers one order? an order like this lets you place a buy order for the stock and if its executed another order is automatically placed. you could choose to let your second order be a stop order. so here's a company that offers stuff like this as an ex. (https://www.tradeking.com/education/tools/one-triggers-other-order)"}
{"_id": "103830", "title": "", "text": "Nobody can predict the affects of Brexit but it is wise to consider them. We saw the pound weaken after the vote to leave and it is possible the pound will weaken further after Brexit and this devaluation could be quite dramatic. If that happens it is likely to increase inflation, UK inflation has gone from under 1% around the time of the referendum to 3% today and it could well go higher. https://www.rateinflation.com/inflation-rate/uk-historical-inflation-rate If inflation continues to increase, the Bank of England is likely to put up interest rates, as it has historically done this to hedge against inflation.  We have been living in a world of artificially low interest rates since the global crash of 2008 as the BoE has tried to stimulate recovery with lower rates.  The rates cannot continue at this level if inflation starts to rise. http://www.thisismoney.co.uk/money/news/article-2387744/Base-rate-vs-inflation-chart-How-tell-things-really-got-better.html That in turn will put up mortgage rates.  So for example if you have a \u00a3100k mortgage at 3.92% (currently this is a reasonable rate to have) your repayments will be \u00a3523 a month.  If your mortgage rate goes up to say 7% then your repayments are \u00a3707 a month, if it goes up to 10% then it's \u00a3909 a month and so on. There is a mortgage calculator you can use to try playing with different amounts here: https://www.moneysavingexpert.com/mortgages/mortgage-rate-calculator My advice would therefore be try to get as small a mortgage as you can and make sure you can afford it quite comfortably, in case rates go up and you need to find a few hundred pounds a month extra. There are other risks from Brexit as well, house prices could fall as people decide not to buy properties due to excessive interest rates! Overall nobody knows what will happen but it is good to be planning ahead for all eventualities. ** I am not a financial advisor, this advice is given in good faith but with no financial qualification."}
{"_id": "103838", "title": "", "text": "1 BHK  apartments in Apple 7 have been designed keeping in mind the tastes of urban dwellers looking for complete privacy, well planned amenities, modern architectural designs and better living facilities. Complete with 100% power backup, cross ventilation, high speed elevators, scope for natural sunlight, 24x7 security, earthquake resistant building plans and more, these studio apartments offer premium living space in varying sizes. Along with plentiful vertical space and ample storage capacity, these apartments are a natural choice for small families and working couples alike. Styled to perfection in an innovative manner, these well-serviced studio apartments serve to be your luxurious address in Ghaziabad \u2013in more ways than one."}
{"_id": "103839", "title": "", "text": "I went to Atlantic City in 1990 or so, and other than learning that the Monopoly game properties were named after the streets there, it was a gross, run-down town with a bunch of substandard casinos.  I've not been back, but in the mid 2000's I had a number of friends go and tell me it had really turned around.    Is this recent downturn new, or are those friends just idiots?"}
{"_id": "103842", "title": "", "text": "Does the 5 year rule apply on the After-tax 401k -> Roth 401k -> Roth   IRA conversion of the 20000 (including 10000 earnings that was   originally pre-tax)? No. The after-tax amounts are not subject to the 5 years rule. The earnings are. How does this affect Roth IRA withdrawal ordering rules with respect   to the taxable portion of a single conversion being withdrawn before   the non-taxable portion? Taxable portion first until exhausted. To better understand how it works, you need to understand the rationale behind the 5-year rule. Consider you have $100K in your IRA (traditional) and you want to take it out. Just withdrawing it would trigger a 10K statutory penalty, on top of the taxes due. But, you can use the backdoor Roth IRA, right? So convert the 100K, and then it becomes after-tax contribution to Roth IRA, and can be withdrawn with no penalty. One form filled ad 10K saved. To block this loophole, here comes the 5 years rule: you cannot withdraw after-tax amounts for at least 5 years without penalty, if the source was taxable conversion. Thus, in order to avoid the 10K penalty in the above situation, you have a 5-year cooling period, which makes the loophole useless for most cases. However amounts that are after tax can be withdrawn without penalty already, even from the traditional IRA, so there's no need in the 5 years cooling period. The withdrawal attribution is in this order: Roth IRA rollovers are sourced to the origin. E.g.: if you converted $100 to the Roth IRA at firm X and then a year later rolled it over to firm Y - it doesn't affect anything and the clock is ticking from the original date of the conversion at firm X. 5-year period applies to each conversion/rollover from a qualified retirement plan (see here). Distributions are applied to the conversions in FIFO order, so in one distribution, depending on the amounts, you may hit several different incoming conversions. The 5 years should be check on each of them, and the penalty applied on the amounts attributable to those that don't have enough time. 5-year period for contributions applies starting from the beginning of the first year of the first contribution that established your Roth IRA plan. The penalty applies to the amounts that were included in your gross income when conversion occurred, i.e.: doesn't apply on the amounts converted from after-tax sources. Note the difference from the traditional IRA - distributions from pre-tax sources are prorated between the non-deductible (basis) amounts and the deductible/earnings amounts (taxable). That is why the taxable amounts are first in the ordering of the distributions."}
{"_id": "103902", "title": "", "text": "Got down voted for having consistent size? I know my size for each brand hasn't changed in a long time. This is great and give me the ability to preorder without having to stand  n line, don't see a major downside in this for me."}
{"_id": "103908", "title": "", "text": "Convert operating leases into debt. Don't take MCD's word for cost of debt, calculate it on your own based on the credit rating they should have.  Check your numerator as well on your DCF, make sure you're considering reinvestment, etc."}
{"_id": "103918", "title": "", "text": "We need HFT in todays market, since retail is out and volumes are at historically low levels..WE NEED COMPUTERS TO TAKE OUR TRADES OFF OUR HANDS SINCE MOM AND POP ARE BECOMING MORE AND MORE DESTITUTE THANKS TO WALL ST FUCKING MAIN STREET. IN THE ASS"}
{"_id": "103927", "title": "", "text": "But the theaters are also fixed-cost... hence the push for cooperation. It costs as much to project for one guy as for a packed house.   Theater subscriptions are a solid idea so long as theaters cooperate. Which probably means every chain will try doing its own balkanized horseshit and they'll all fail miserably."}
{"_id": "103932", "title": "", "text": "&gt;For instance in far upstate New York its probably cheaper to truck gas from a refinery outside of Montreal than from a refinery outside of New York City or Boston.   Oddly enough, there aren't any refineries outside Boston. There aren't any in Massachusetts at all. In fact, there are also none in New York, New Hampshire, Vermont, Maine, Connecticut, or Rhode Island.  There are two refineries near New York City, but they're in New Jersey."}
{"_id": "103952", "title": "", "text": "Since it's not a public company it would be difficult for anyone to value these options or predict their future value without a lot more details on the finances of the firm.  Once the firm goes public you can use the Black Shoales equation to get a present value for the options.  And once they've got several months of trading data you can get a very rough estimate the future stock price with it's beta.  But with individual stocks predicting future values can really be a crapshoot."}
{"_id": "103959", "title": "", "text": "\"An index annuity is almost the same as Indexed Universal Life, except the equity-index annuity is an investment with a guaranteed minimum return, with sometimes a higher return that is a function of the gain in the stock market, but is not associated with a life insurance policy.  After a time, you can convert the EIA to a lifetime income (the annuity part) or just cash it out.  They often are very complicated, but are constructed by combining bonds with index options (puts) just like indexed universal life. Unfortunately these tend to have high fees and/or commissions, and high (early) surrender charges, which can make them a poor investment.  Of course you could just \"\"roll your own\"\" by buying bonds and puts FINRAS bulletin on EIAs, pdf warning. Here's a description of one of these securities: pdf.\""}
{"_id": "103964", "title": "", "text": "The government isn't shutting these people down, private corporations are. Also, just based on the demographics of this site, I'm assuming you're a straight white man. They're not targeting you, so you have the luxury of detaching yourself from the rhetoric they spout."}
{"_id": "103969", "title": "", "text": "frankly, it's got very good advice.  It teaches you how to look at your purchases of assets and determine which are truly investments (2nd home rented out) vs those that are not (the ones you live in, don't count on appreciation).  Gives you a very simple but very clear method of accounting your expenses for becoming financially independent.  Things that are simple and you probably know but he puts it in a way that allows you to focus on it more clearly.  However, it is not a get rich quick scheme.  It doesn't tell you which gimmicks to become rich, just how to manage your investments clearly.  His later books are all a money grab and you can see him start to drift to the dark side of greed."}
{"_id": "103970", "title": "", "text": "After doing some investigating, my employers contract with the credit card company has a clause that basically specifies that despite my name being on the credit card, and bills being sent to me, all liability is on the company. Additionally, the employer reserves the right to garnish wages in the event of a balance on the card. So it looks like it won't affect my credit score. I appreciate all of the advice."}
{"_id": "103980", "title": "", "text": "I'm not a lawyer, and am certainly not familiar with your jurisdiction, but the general guidelines I've seen around this kind of situation are: If all else fails, you could just cancel the card, though I'm not sure what liability you have to honour the contract. I cancelled a card once to stop being charged by a particularly annoying company and had no problems, but I'm not sure if that is a good way to deal with it in general."}
{"_id": "103987", "title": "", "text": "You can use www.etfdb.com and search on geography."}
{"_id": "104001", "title": "", "text": "Historically the advice was to buy the best policy possible (not cheapest), at the lowest price, with the highest benefit.  The cost relative to the benefit is very cheap, and your much more likely to use disability than life insurance (for instance).  It is usually cheaper to pay for it with after tax dollars than to buy more insurance. In theory, you want to buy enough disability to replace 100% of your after tax income -- or more since there is no inflation protection built into most policies.  Insurance companies often will not sell this due to moral hazard -- although you may be able to combine policies to reach 80% or so.   Keep in mind that you will need to continue to save / invest if you are on long term disability, since most policies cease payment at 65 or when your eligible for Social Security.  In addition, your expenses often rise due to the increased medical expenditures, possibly needing COBRA / private health insurance, etc."}
{"_id": "104002", "title": "", "text": "I too was a former Applebuddy (barf). Still got that gold name tag somewhere.   Some of the basic stuff was fine. Basically anything out of the frier. Boneless wings in BBQ sauce are pretty much just chicken nuggets at 95% of places anyway. Mexi-Ranch was the shit though.   The steaks were fucking horrible though. So much salt it was ridiculous. The shrimp parmasean shit you could get on top made it sort of tolerable, but even then it was just a grilled salt brick."}
{"_id": "104027", "title": "", "text": "Are you still in high school? The job these people perform are generally menial pencil pushing garbage.  We don't need the best and brightest going there and we've never had it.   These people hate their jobs like everyone else, but the jobs they do are almost unneeded.   The reason they are supposed to get better benefits is because they are too stupid to plan for their future.  If you don't believe that, perhaps you should get one of those jobs.  It's like the better folks are looking out for the simpletons.  And that is a fact."}
{"_id": "104036", "title": "", "text": "&gt; The only reason they didn't go bankrupt 20 years ago is because old people shop there. No joke, 50+ year olds have a mysterious allegiance to Sears where price etc. doesn't matter to them, they shop there anyway.  For people who buy tools, the allegiance makes sense. They sell good stuff and stand by it. For clothes and stuff, meh."}
{"_id": "104042", "title": "", "text": "Why should I give you a single minute of my time?  Until you can answer that question, it doesn't matter *how* you go about reaching them.    You have to look at it like  sales situation.  Unless you can demonstrate value to them within the first couple of sentences, you won't be given the time of day.  These guys get pitched all day long -whether it's their employees, investors, people looking for investments or people looking for a mentor.  I'd suggest looking locally first.  Go to a couple business association meetings in your area (a lot of them are free or cost under $50).  These meetings almost always have time for networking, but you'll only get out of it what you put into it."}
{"_id": "104043", "title": "", "text": "You were the subject of a typical scam - you cashed a check that was drawn on a stolen account, and then you forwarded the money to a second account or via other means (Western Union etc).  The owner of the stolen account informed their bank and the check was reversed, returning the original money from your account, leaving you completely out of pocket. If you forwarded the money by bank transfer or check, contact your bank and report the fraud.  If you forwarded the money via another means, such as Western Union, then these methods are usually non-reversible and you will remain out of pocket. You will not be able to get the money back from the stolen account, that was their bank reversing a fraudulent check, they wont do anything to help you. Talk to your bank.  Talk to the police."}
{"_id": "104048", "title": "", "text": "While the article correctly points out that 90% is done in store, I would be more interested to see how this breaks down by category. Things like groceries and clothing are notoriously difficult to showcase and browse online.   If I had a guess there are wild swings in % share for things like electronics."}
{"_id": "104079", "title": "", "text": "If Apple uses the customer's bank's prefix, then the bank gets the charge sent directly to themselves and Apple is not a payment intermediary Yes as part of adding a Card to Apple Pay, the details are sent over to issuing Bank along with device details and other info. Based on verification, the Bank sends a DAN[Device Account Number] and other codes. After you show your phone at Point of Sale, DAN gets transmitted. This is similar as Card Number getting transmitted, there is additional info encoded. Visa then sends this back to Issuing Bank and based on DAN the actual card is charged. So yes Apple doesn't know your Card Number once it gets the DAN. it's entirely possible that organized-criminals could devise even harder-to-find NFC skimmers Right now criminals have found the easy step ... as part of set-up Apple Pay sends info the Issuing Bank to Verify. If you are frequent user of iTunes and have used the same card for years, etc, its auto approved. Else they use alternative method, i.e. call the customer, etc. It is easy here to spawn. I get card details, no need to spend time in duplicating stuff [mag or chip]. Just try registering on Apply Pay, some one less experienced from Customer Service calls up and I am approved. Use this for few places and then just delete this card and add a new one. As Apply Pay doesn't store my card, they don't know new from old ..."}
{"_id": "104081", "title": "", "text": "With new credit scores tend to be very volatile. It could be something as small as carrying a higher balance or credit inquiries.  Like I mentioned, check Credit Karma to confirm nothing has changed. Also, see your inquiries. That may have impacted your score"}
{"_id": "104094", "title": "", "text": "\"Gee son. That's a potential for a better than 10% gain in a short amount of time. If bought within a tax advantaged account like a IRA then you don't even pay capital gains. Does Lube know? Last I checked he was obsessing over \"\"bowels\"\" or some shit.\""}
{"_id": "104115", "title": "", "text": "In this modern generation, Classifieds Australia  has become a growing industry around the world. Classifieds come into action when we need to promote our items through newspapers, online or other media solutions. Commercials in a newspapers are short, as they are charged for every line, in this case identified advertisements are useful since they are much more cost-effective than larger display advertisements, and are mostly used by individuals who have single items to provide or buy."}
{"_id": "104128", "title": "", "text": "Short answer: it's complicated. The UK govt pages on foreign income are probably your best starting point: http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/LeavingOrComingIntoTheUK/DG_10027480 As you can see, it depends on your precise residence status here.  (There is a tax treaty between the UK and the US so you wouldn't be double taxed on the income either way. But there might still be reporting obligations)."}
{"_id": "104130", "title": "", "text": "Back in college I would go home every two weeks or so and meet up with my high school buddies for 30\u00a2 wing night. Sure they weren't making a lot of the wings (if anything) but each of us would always drop at least $20-25 a person even if we only ate ~10 wings on average. Haven't been back since they switched to the variable wing pricing."}
{"_id": "104131", "title": "", "text": "I am in Australia, but I think the banks in the UK would use similar wrkings. Your options 1 and 2 are basically no. Why would the bank consider your wife to be paying you rent when you live together. These are the type of practices that led to the GFC, and since then practices have been tightened. Regarding option 3, yes banks do take into consideration rent in their analysis of your loan. However, they would not include the full rent in their calculations, but about 70% to 75% of the full rent. This allows for loss of rent during vacant periods and adds a safety factor in their caluclations. But they will not include the rent itself, you would have to have other income as well to support your loan. Saying that, we do have Low Doc Loans in Australia (loans with little documentation required to get a loan). With these loans you basically have to make a declaration that you are telling the truth regarding your income sources and you can only usually borrow a lower LVR as these loans are seen as a bigger risk. These type of loans have also been tightened up since the GFC."}
{"_id": "104134", "title": "", "text": "\"You can move money from a 403b to a 401k plan, but the question you should ask yourself is whether it is a wise decision. Unless there are specific reasons for wanting to invest in your new employer's 401k (e.g. you can buy your employer's stock at discounted rates within the 401k, and this is a good investment according to your friends, neighbors, and brothers-in-law), you would be much better off moving the 403b money into an IRA, where you have many more choices for investment and usually can manage to find investments with lower investment costs (e.g. mutual fund fees) than in a typical employer's 401k plan. On the other hand, 401k assets are better protected than IRA assets in case you are sued and a court finds you to be liable for damages; the plaintiff cannot come after the 401k assets if you cannot pay.  To answer the question of \"\"how?\"\", you need to talk to the HR people at your current employer to make sure that they are willing to accept a roll-over from another tax-deferred plan (not all plans are agreeable to do this) and get any paperwork from them, especially making sure that you find out where the check is to be sent, and to whom it should be payable. Then, talk to your previous employer's HR people and tell them that you want to roll over your 403b money into the 401k plan of your new employer, fill out the paperwork, make sure they know to whom to cut the check to, and where it is to be sent etc. In my personal experience, I was sent the check payable to the custodian of my new (IRA) account, and I had to send it on to the custodian; my 403b people refused to send the check directly to the new custodian. The following January, you will receive a 1099-R form from your 403b plan showing the amount transferred to the new custodian, with hopefully the correct code letter indicating that the money was rolled over into another tax-deferred account.\""}
{"_id": "104135", "title": "", "text": "Wasn't trying to be combative. Apparently I came off that way unintentionally, I think there is a distinction between a real monopoly and what amazon is/is becoming that is important to distinguish.   I can respect choosing other options because you think they are effecting the marketplace too heavily, just wanted to point out a monopoly would be a different problem."}
{"_id": "104148", "title": "", "text": "\"Honestly, I see we don't see eye to eye but I can't put my finger on it.  Take the American heart association for example - you mention people who weren't middle class might not know who they are. I didn't get to eat at a sandwich restaurant for the first time until right before I graduated high school. I was so happy when I got to eat that first sandwich someone else made, and then when I saw the american heart association logo on the menu, I just assumed it was healthy. I didn't need previous experience.  Perhaps my example seems like something a middle class person would do, because I grew up aspiring to be middle class and the things I did wrong are things I thought middle class people did. To most of my point, all that is irrelevant. When you are poor, no one wants to give you advice. When you are middle class, the advice you can afford is not good but it presents itself as good. When you are well off, everyone wants to take advantage of you and good advice is hard to discern from poor advice.  Your use of the phrase \"\"the system\"\" is interesting to me. Under no circumstances would I advocate \"\"the system\"\" be trusted. In fact, in my mind, what I've described is \"\"the system\"\" accidentally but perfectly preparing people to be unable to transcend socioeconomic status, because we were prepare people to think the haves are lucky, as opposed to teaching the have-notes how to establish a plan such that their children will have opportunities and their grand children will be well off and their great grand children will be rich.\""}
{"_id": "104150", "title": "", "text": "Will the investor beat the benchmark for a given period will follow a Bernoulli distribution -- each period is a coin toss, and heads mean the investor beat the market for that period.   I can't prove the negative that there is no investor ever whose probability function p = 1, but you can statistically expect a number of individual investors with p ~ 0.5 to have a sequence of many heads in a row, as a function of the total population.   By example, my father explained investment scams and hot-hand theory to me this way when I was younger:  Imagine an investor newsletter which mails out to a mailing list of 1024 prospects (or alternately, a field of 1024 amateur investor bloggers in a challenge).  Half the letters or bloggers state AAPL will go up this week, half that AAPL will go down this week.  In the newsletter case, next week ignore the people we got wrong.  In the blogger case, they're losers, so we don't pay attention to them.  Next week, similar split: half newsletters or bloggers claim GOOG go up, half GOOG go down.  This continues for a 10 week cycle.   Now, in week 10: the newsletter has a prospect they have hit correct 10x in a row: how much will he pay for a subscription?  Or, one amateur investor blogger has been on a 10 week winning streak and wins the challenge, so of course let's give her a CNBC show after Jim Cramer.  No matter what, next week, this newsletter or investor is shooting 50-50.   How do you know this person is not the statistically expected instance backed up by a pyramid of 1023 Bernoulli distribution losers?  Alternately, if you think you're going to be the winner, you've got a 1/1024 shot."}
{"_id": "104153", "title": "", "text": "Eh I always wonder about this so called show room effect. I mean I check amazon in stores sometimes, but I'm not looking for prices really, I'm looking for *reviews*. Now if I see that Amazon has it 50% off of the in store price I might hold off, but best buy could prevent me from even looking by honestly gathering up reviews for products."}
{"_id": "104160", "title": "", "text": "I'll get to my answer in a moment, but first need to put focus on the two key components of bond prices: interest rates and credit risk. Suppose that the 10-year treasury has a coupon of 2% per year (it would be paid as 1% twice per year, in reality). If you own one contract of the bond which we suppose has a so-called face-value of $100, then this contract will over the ten years pay you a total of $20 in coupons, then $100 at redemption. So $120 in total. Would you therefore buy this 10-year treasury bond for $120, or more, or less? Well, if there were bank accounts around which were offering you an interest rate of 2% per year fixed for the next 10 years, then you could alternatively generate $120 from just $100 deposited now (if we assume that the interest paid is not put back in the account to earn 2% per year). Consequently, a price of $100 for the treasury would seem about right. However, suppose that you are not very confident that the banks that offer these accounts will even be around in 10 years time, maybe they will fail before that and you'll never get your money back. Then you might say to yourself that the above calculation is mathematically right, but not really a full representation of the different risks. And you conclude that maybe treasuries should be a bit more expensive, because they offer better credit risk than bank deposits.  All of this just to show that the price of bonds is a comparative valuation of rates and credit: you need to know the general level of interest rates available in other investment products (even in stocks, I'd say), you need to have a feel for how much credit risk there is in the different investment products. Most people think that 'normally' interest rates are positive, because we are so familiar with the basic principle that: if I lend you some money then you need to pay me some interest. But in a world where everyone is worried about bank failures, people might prefer to effectively 'deposit' our savings with the US treasury (by buying their bonds) than to deposit their savings in the local bank. The US treasury will see this extra demand and put up the prices of their  bonds (they are not stupid at the US treasury, you know!), so maybe the price of the 10-year treasury will go above $120. It could, right? In this scenario, the implied yield on the 10-year treasury is negative. There you go, yields have gone negative because of credit risk concerns."}
{"_id": "104172", "title": "", "text": "\"Sorry as mentioned, totally new to all of this and this Subreddit's description fit my interests:   **\"\"Topics of Interest  Market and Economy News Business Earnings and Releases Investor and Trader Tips News that Moves the Markets Long Term and Short Term Investment Ideas Economic Related Humor Most Anything Related to the Economy And, most EVERYTHING is Related to the Economy\"\"**  However, I appreciate your info and will test out the other pages subscribers knowledge :)\""}
{"_id": "104188", "title": "", "text": "This should all be covered in your stock grant documentation, or the employee stock program of which your grant is a part.   Find those docs and it should specify how or when you can sale your shares, and how the money is paid to you.  Generally, vested shares are yours until you take action.  If instead you have options, then be aware these need to be exercised before they become shares.  There is generally a limited time period on how long you can wait to exercise.  In the US, 10 years is common. Unvested shares will almost certainly expire upon your departure of the company.  Whether your Merrill Lynch account will show this, or show them as never existing, I can't say.  But either way, there is nothing you can or should do."}
{"_id": "104198", "title": "", "text": "Returns reported by mutual funds to shareholders, google, etc. are computed after all the funds' costs, including Therefore the returns you see on google finance are the returns you would actually have gotten."}
{"_id": "104220", "title": "", "text": "\"This question feels like an EL&U question to me, and so I will treat it as one. Investment, noun form of to invest, originally from the Latin investire, meaning to clothe, means: [T]o commit (money) in order to earn a financial return Merriam-Webster Online Dictionary, Invest, vb. tr., definition 1 As such, when a person commits money with the purpose of earning a financial return, they are investing.  Playing the lottery, when done so for the purpose of financial return, would fall under this definition - even if it's a poor choice.   Gambling, verb tense of to gamble, likely originally from the word gamen, meaning to play, means: a :  to play a game for money or property b :  to bet on an uncertain outcome Merriam-Webster Online Dictionary, Gamble, vb. itr., definition 1 Playing the lottery is clearly gambling (as a lottery is a game, by definition). The second definition could well include investing in the stock market, particularly certain kinds of investments (derivatives, currency speculation, for example). Aside from the definitions, however, normal usage clearly favors investment to be something with an expectation of positive return, while gambling is taking a risk without that expectation (rather with the hope of positive return).  Legally, as well, playing the lottery is not something that is considered investment (so it is taxed differently).  However, the question was \"\"Can\"\", and by definition, clearly it can be (assuming you are not asking legally).\""}
{"_id": "104221", "title": "", "text": "I think in such situations a good rule of thumb may be - if you are asked to pay significant sums of money upfront before anything is done, stop and ask yourself, what would you do if they don't do what they promised? They know who you are, but usually most you know is a company name and phone number. Both can disappear in a minute and what are you left with?  If they said they'd pay off the debt and issue the new loan - fine, let them do it and then you pay them. If they insist on having money upfront without delivering anything - unless it's a very big and known and established company you probably better off not doing it. Either it's a scam or in the minuscule chance they are legit you still risking too much - you're giving money and not getting anything in return."}
{"_id": "104239", "title": "", "text": "The big box retailers weren't really a monopoly.  It was just a better business model.  There were many of them and they were very competitive with each other (we'll match our competitor's price). Many of them even went out of business because the profits were driven down to such low levels."}
{"_id": "104246", "title": "", "text": "Audating Sites is an adult dating website that provides a substantial, sufficient membership to make a game in the action-orientated of personal dating. If you are looking Girls for sex online in the Australia, then we are the best one way for you.Our strategy is to offer simple, fundamental functionality and with actually compiled a significant following of members in the Australia. This is a free online dating website for men and women has quickly garnered the attention of the masses because of it is simple."}
{"_id": "104254", "title": "", "text": "Many folks use bonds to diversify their portfolio since bonds rise and fall in value at different times and for different reasons than stocks. Bonds pay interest on a regular basis (usually monthly or quarterly) and so some people invest in bonds in order to match the interest payments to some regular expense they might have. The interest payment does not change (fixed income).  For individual bonds, there is a maturity date at which you can expect to receive the face value of the bond (the issuer's creditworthiness is important here). You can make a little money on a bond by buying it when its value is lower than its face value and either selling later for a higher value, or waiting for it to mature.  Often the minimum investment for a single bond is high, so if you don't have a large enough amount, you can still get the performance of bonds through a bond fund. These do not mature, so you don't have a guarantee of a return of your investment. However, they have access to more bonds than retail investors, so the funds can keep your money more fully invested. If you don't need the income, you can reinvest the dividends and have a little extra capital growth this way."}
{"_id": "104269", "title": "", "text": "There is a big difference between taking no action and providing guidance which is ignored by elected officials. Smart economic policy is not necessarily as palatable as bad policy. The candidate who advocates getting rid of inefficient tax breaks will lose to the one who offers tax cuts. Add to that lobbying money etc. and you get persistent economic inefficiency."}
{"_id": "104291", "title": "", "text": "Well, we just need to better to recycle these bruised merch into things like fruit tray and other prepared foods if possible.  Because A: People will choose unbruised fruit over non- and B: Bruised fruit selling at a discount would encourage people to bruise merchandise."}
{"_id": "104328", "title": "", "text": "That makes sense doesn't it? Longer wait times? Won't that be the result of covering everyone?   So yes, wait times are a concern. Is that your number 1 concern? More than money or how effective the system is? You will pay almost double to wait a month less for treatment(life threatening cases still get treated as fast as they do in the US if not faster), or to see a doctor two hours sooner? You will pay more for a system that gives you less?  The quality of care is not dog shit. I don't know where you get this from. https://www.forbes.com/sites/danmunro/2014/06/16/u-s-healthcare-ranked-dead-last-compared-to-10-other-countries/#45cf82b6576f  You will find this pattern in all other legitimate studies you look at. Your dog shit claim applies to the US more than anyone. Its amazing how willing Americans are to swallow the lie that changing their healthcare system will make it worse. That the free market is the answer. Reality does not reflect that and seeing as this is the economics subreddit, I think it should be very easy for people to come up with reasons why healthcare does not behave like selling widgets.  Now, not all those systems are fully socialized. There are free market elements, for example, Germany and Switzerland are similar to Obamacare, however there is more robust regulations in those systems that help to keep costs down and quality up. The UK does have Universal Healthcare(all of them have a universal system actually, but the UK has single payer which is what I think you meant), and it goes pretty well. Even the Canadian system for all its flaws has better survival rates compared to American treatments, and at a much lower cost. Ask any Canadian if they would prefer the American system, or even if they would prefer to go back to pre-universal coverage days and any sane one would not....and Canada has the next worse system. Its marginally better than the American system, but at a much lower cost.   What you think is ideal isn't based on any real research I suspect. Its based on ideology. This is a real American problem(I think its safe to assume you are American by your claim that ~~universal coverage~~ single payer is dog shit)   If you decide what priorities are most important, and then look at the systems that exist in the world and see which ones best meet your criteria for success, it won't be a pure free market system. Every developed nation had a pure free market system at some point and each one had to switch to a better system. Nobody has switched back. The most free market system in the developed world is not only the worst performing, but also the most expensive.......as economic theory can predict due to the unique nature of healthcare."}
{"_id": "104336", "title": "", "text": "The way deductions work normally does not take into account what account the transaction was made using.  I.e. you report your gross income, your deductions and they subtract the deductions from the income.  What's left is your taxable income.   The tricky part comes with pre-tax contributions to tax advantaged accounts (like 401(k)).  Those plans require the contributions to be made by your company.  Since contributions to 529 plans are not deductible on your federal income taxes, the money is not going to be directly deposited. So it does not matter how the money goes into the plan.  Just make sure you keep a record of your contributions."}
{"_id": "104339", "title": "", "text": "\"Ugh... yes, you have to tell us what information you have available. It would be a completely different answer if, for example, you had a balance sheet for a prior period and an income statement for the current period and had to estimate the working capital accounts. If you can't be bothered to \"\"want to give the problem\"\" nobody is going to be bothered to help you with it.   Inventory days = days of COGS in inventory. (15 / 360 times cogs). AR is 35 days of sales in AR. 35/360* sales. Vendor credit is accounts payable -- 40 /360 * COGS.   If your sales and COGs are given by operating cycle rather than annually, use 50 instead of 360. (for whatever reason, convention says use 360 instead of 365).\""}
{"_id": "104340", "title": "", "text": "This is fine and can definitely be done. The bank will be perfectly fine with it since you're paying interest on the money, as long as they're confident that you can repay the whole (growing) balance. Of course, there's the issue of the credit limit which you'll eventually reach and then you won't be able to pull this off any longer. Problems start when the bank either loses that confidence, or the credit line is term limited (like HELOC, for example) and comes to term. In either case, you'll be required to cover the balance, and especially in the first case - as a balloon payment. If they call on you when you do that - you will most likely go bankrupt, and the longer you keep doing it - the higher are the chances of that happening."}
{"_id": "104343", "title": "", "text": "If your gut told you to buy during the depths of '09, your gut might be well-calibrated. The problem is stock market declines during recessions are frequently not that large relative to the average long run return of 9%:  A better strategy might be hold a percentage in equities based upon a probability distribution of historical returns.  This becomes problematic because of changes in the definition of earnings and the recent inflation stability which has encouraged high valuations:  Cash flow has not been as corrupted as earnings now, and might be a better indicator:  This obviously isn't perfect either, but returns can be improved. Since there is no formulaic way yet conventionally available, the optimal primary strategy is still buy & hold which has made the most successful investor frequently one of the richest people on the planet for decades, but this could still be used as an auxiliary for cash management reserves during recessions once retired."}
{"_id": "104351", "title": "", "text": "It was originally sponsored on 5/11 by Marco Rubio along with 4 other Republicans and 4 Democrats. It passed through both houses with relative ease. Lets not make this out to be some tough piece of legislation Trump had to fight for. This is something he signed on his way out the door to another golf trip.   And lets not forget the president is cutting disability pay for 225,000 veterans who are retirement age. This cuts what these veterans live on to about $1100 per month and saves a mere $3.2 billion while discretionary spending in the department has increased over $4 billion.   But go on and cheer the Secretary's ability to hire and fire people easier."}
{"_id": "104359", "title": "", "text": "A company as large as Home Depot will have a fairly robust Human Resources department and would probably be able to steer you in the right direction: odds are they know the name of the brokerage and other particulars. I did some googling around, their # is  (1-866-698-4347). Different states have different rules about how long an institution can have assets abandoned before turning them over to the state. California, as an example, has an abandoned property search site that you can use.  That being said, I had some penny stocks sitting in a brokerage account I never touched for about 20 years and when I finally logged back in there they were, still sitting there."}
{"_id": "104370", "title": "", "text": "\"There is no reason to believe that we won't reach a point where machines can do literally every task currently performed by humans.  What then? Will the machines fulfill our every whim and pamper us throughout or lives?  Or will they say \"\"the hell with this\"\" and throw us off the planet?\""}
{"_id": "104388", "title": "", "text": "I'm not an expert on reverse mortgages but from my understanding the closing costs are much higher than traditional mortgages and the LTV is generally pretty low. So the bank makes money by not loaning out all that much compared to the value of the property and by charging high fees on the front end."}
{"_id": "104389", "title": "", "text": "The purpose of a hedge fund is not to hedge.  People do not put their money in a hedge fund because they want to protect against downside.  They put their money in a hedge fund to make money.  Of course any fund is going to have risk controls, whatever form they take.  And the S&amp;P 500 goes belly up way less often than the average hedge fund.  Want to protect against the downside?  Just don't pull out.  All I'm saying is OP's comment is really fucking stupid.  It'd be like saying Greenlight Capital can't make leet gains because it shorted Allied Capital while longing the overall stock market."}
{"_id": "104395", "title": "", "text": "Less so today, but there was a time that women played a smaller role in the household finances, letting the husband manage the family money. Women often found themselves in a frightening situation when the husband died.  Still, despite those who protest to the contrary, men and women tend to think differently, how they problem solve, how they view risk. An advisor who understands these differences and listens to the client of either sex, will better serve them."}
{"_id": "104409", "title": "", "text": "\"Whole Foods quality standards will always make them the best option for strictly healthy food. Whole Foods biggest flaw is not advertising why they are healthier so many people believe that Trader Joe's and the \"\"healthy\"\" selections at other grocery stores are just the same at a lower price. In a few cases this may be true but most products at these stores are no different than the name brand products, they just have a \"\"healthy\"\" looking label. Whole Foods just got the \"\"whole paycheck\"\" stigma early on and rather than explain why their prices are higher, they just let it be.   Ultimately I think Whole Foods hit a wall with their customer base and since they continue to open stores faster than they can get new customers, the same store sales have been steadily declining. Introduce competition with lower prices as well and Whole Foods was sent reeling.   Also the stock has been consistently trading over the buyout price per share since the announcement meaning the market is even saying that the price was too low and that Amazon got a great deal. I'm interested to see if the speculation of a bidding war will actually commence.\""}
{"_id": "104447", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.brookings.edu/wp-content/uploads/2017/06/es_20170626_whengrowthisnotenough.pdf) reduced by 97%. (I'm a bot) ***** &gt; The Reagan revolution heralded a more constrained approach to economic policy, aimed primarily at fostering aggregate economic growth by empowering the private sector.  &gt; The distinction between the two types of policies should be in front of mind, including the recognition that a reduction in rules that protect incumbent workers, for example, may need to be balanced with an increase, not a decrease, in active policies to support necessary adjustments in the labor market.  &gt; If the resources released by economic change are to be effectively redeployed; if the benefits of growth are to be widely shared; and if economic policy is to be widely perceived as both successful in its own terms and politically legitimate, then making those interventions effective should be a top priority for policymakers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jyepz/fantastic_ben_bernanke_speech_on_the_populist/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~154447 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **policy**^#1 **economic**^#2 **American**^#3 **more**^#4 **United**^#5\""}
{"_id": "104448", "title": "", "text": "Since I got downvoted for poking fun at   &gt; I've come to realize I don't really enjoy the engineering aspects of my job nor the industry, but I enjoy corporate culture.  Here's some info for those actually interested:   https://www.wallstreetoasis.com/forums/corporate-strategy-vs-corporate-development https://www.mergersandinquisitions.com/corporate-finance-jobs/ https://www.mergersandinquisitions.com/day-in-life-corporate-finance-analyst/ https://www.quora.com/Strategic-Management-What-is-the-typical-day-in-the-life-of-a-corporate-strategy-consultant https://www.mergersandinquisitions.com/corporate-development-on-the-job/      Corporate finance (Controllers, FP&amp;A, Treasury) is a catch-all for jobs that quantify and manage a company's money. This includes figuring out how much money the business is making, budgeting, and gaining access to money for future plans. They spend most of their day on excel, browsing reddit, and complaining that other departments don't take them seriously. There is work-life balance, unless your company is at risk of bankruptcy, but pay will likely be the least of this group.   Corporate strategy/development is about finding ways to achieve the vision/goals of the C-suite. Corporate development usually are ex-IB people and focused on finding companies to acquire, integrate, and achieve the goals of the acquisition (synergies, returns on investment, technology/product acquisition). Corporate strategy is usually broader and could be focused on improving the brand, figuring out new uses for a product, finding new partners, or generally looking for good ideas to improve the company.  Business development usually is about growing the company through finding new customers, markets, or partnerships. Instead of selling specific products or services, you're selling your company's abilities and brand.   I'd say, with your engineering background, if you can swing a corporate strategy gig, you'd have the greatest opps for any VP you decide. I'd say if you want to sell or are good at selling, then business development may be compelling. If I were you, corporate finance would be the least appealing unless you are truly interested in finance."}
{"_id": "104453", "title": "", "text": "To sum up: My question came from misunderstanding what cost basis applies to. Now I get it that it applies to stocks as physical entities. Consider a chain of buys of 40 stock A with prices $1-$4-$10-$15 (qty 10 each time) then IRS wants to know exactly which stock I am selling. And when I transfer stocks to different account, that cost basis transfers with them. Cost basis is included in transfers, so that removes ambiguity which stock is being sold on the original account. In the example above, cost basis of 20 stocks moved to a new account would probably be $1 x 10 and $4 x 10, i.e. FIFO also applies to transfers."}
{"_id": "104457", "title": "", "text": "I would say start now, its never too early! It does add up over time and even if it is just a tiny amount, just getting in the habit of setting aside money is great. Looking back i wish i had started earlier instead of pushing it back. There will always be something to spend it on  pushing it back whether its college or a car ect.  Start now and thank yourself later."}
{"_id": "104459", "title": "", "text": "You gun!!! That is awesome to hear I'm hoping to have everyone up and running by the start of 2019 I have a lot to learn before I put money into everything but hearing that it works helps with this whole thing."}
{"_id": "104464", "title": "", "text": "\"Disclaimer: My answer is based on US tax law, but I assume Australian situation would be similar. The IRS would not be likely to believe your statement that \"\"I wouldn't have gone to the country if it wasn't for the conference.\"\"  A two-week vacation, with a two-day conference in there, certainly looks like you threw in the conference in order to deduct vacation expenses.  At the very least, you would need a good reason why this conference is necessary to your business. If you can give that reason, it would then depend on the specifics of Australian law.  The vacation is clearly not just incidental to the trip. The registration for the conference is always claimable as a business expense.\""}
{"_id": "104480", "title": "", "text": "The exchange rate between two currencies is simply the price that the most recent market participants were able to agree on, when trading. ie: if the USDCAD is 1.36, it's because the last trade that happened where someone bought 1 USD cost 1.36 CAD. There is no one person/organization which 'decides' the rate between two currencies. The rate moves you see is just the reality of money changing hands as people in various situations trade currencies for various reasons. Just like with stocks or any other market product, foreign exchange rates can fluctuate wildly based on many things. It is very difficult to forecast where rates will go, because the biggest changes in rates can often be unpredictable news events. For example, when Brexit happened, the value of the GBP plummeted relative to other currencies, because the market traders had less faith in the UK economy, and therefore weren't willing to pay as much to buy GBP. See more here: https://money.stackexchange.com/a/76482/44232. There is a very high level of risk in the foreign exchange market; for your sake, don't get involved in any trading that you do not well understand, first."}
{"_id": "104484", "title": "", "text": "Do you own your own home, or some land? Buy materials and/or completed outbuildings (sheds, etc) Do a small renovation on your house Do some landscaping, gardening, etc"}
{"_id": "104485", "title": "", "text": "If you have a new company and you want to attract investors, such as venture capitalists and private equity, incorporating in Delaware LLC probably makes sense. There are actually many investors who will only invest in a Delaware Online incorporation, so starting off by creating a Delaware corporation from the beginning may save a lot of money and stress down the road. You can also choose to form an LLC in Delaware, to begin with, then convert it to a C corporation later."}
{"_id": "104492", "title": "", "text": "\"First thing is that your English is pretty damn good.  You should be proud.  There are certainly adult native speakers, here in the US, that cannot write as well. I like your ambition, that you are looking to save money and improve yourself.   I like that you want to move your funds into a more stable currency. What is really tough with your plan and situation is your salary.  Here in the US banks will typically have minimum deposits that are high for you.  I imagine the same is true in the EU.  You may have to save up before you can deposit into an EU bank. To answer your question:  Yes it is very wise to save money in different containers.  My wife and I have one household savings account.  Yet that is broken down by different categories (using a spreadsheet).  A certain amount might be dedicated to vacation, emergency fund, or the purchase of a luxury item.  We also have business and accounts and personal accounts.   It goes even further.  For spending we use the \"\"envelope system\"\".  After our pay check is deposited, one of us goes to the bank and withdraws cash.  Some goes into the grocery envelope, some in the entertainment envelope, and so on.   So yes I think you have a good plan and I would really like to see a plan on how you can increase your income.\""}
{"_id": "104502", "title": "", "text": "Yes but unfortunately not only are Sears and K-Mart big employers, but they are often anchor stores in malls, meaning that if they close, pretty much every store in the mall is going to take a hit, and then the mall itself could collapse.  I suppose this drives gas prices up, as people now have to drive more to get their shit.  So buy Shell, is I guess what I'm getting at."}
{"_id": "104504", "title": "", "text": "\"So, I am one of these \"\"job creators\"\" right now.  I am doing software development and have hired 1 person from the U.S. and a team from Germany. So I will leave it to someone else to determine how changing my tax structure impacts job creation.\""}
{"_id": "104510", "title": "", "text": "Utah Assisted Living (Summerfield Retirement) has worked hard to create a warm, inviting and comfortable environment for every senior resident. It is ideally located close to shopping area and Timpanogos hospital. Schedule a tour or just walk in, we will be happy to serve you. Get more information here: https://www.youtube.com/watch?v=zV529rodPZM&amp;feature=youtu.be"}
{"_id": "104512", "title": "", "text": "I would add him to Google Places, Yelp and AngiesList. Not 100% if you can add yourself to AngiesList but once you start getting referrals from there, it can be a nice flow of users if you can get them to leave good reviews.   I hired a plumber off AngiesList and liked him a lot. I referred him to my in laws and they liked him too. He had about 70 positive reviews on there. It's all about reputation online and off.   Might even want to get in with realtors to give your cards to people that need the work for referral commissions."}
{"_id": "104522", "title": "", "text": "\"&gt;in contradiction to all the climate models.  Please, explain to me how and why climate models (remember, climate is at LEAST 30 years) are supposed to capture short term weather trends?   Do you use a calendar to tell time?   (Oh, and by the way, [the models that capture ocean trends best also captured the \"\"pause.\"\"](http://www.theguardian.com/environment/climate-consensus-97-per-cent/2014/jul/21/realistic-climate-models-accurately-predicted-global-warming) So you're wrong on pretty much every level.)\""}
{"_id": "104526", "title": "", "text": "It may clarify your thinking if you look at this as two transactions: I am an Australian so I cannot comment on US tax laws but this is how the Australian Tax Office would view the transaction. By thinking this way you can allocate the risks correctly, Partnership Tenancy Two things should be clear - you will need a good accountant and a good lawyer. I do not agree that there is a conflict of interest in the lawyer acting for both parties - his role should only be for advice and to document what the two of you agree to. If you end up in dispute, then you need two lawyers."}
{"_id": "104527", "title": "", "text": "Foodex Trade Ltd is the United Kingdom based Exporter and importer provider. We are connected to a portion of the conspicuous providers and merchants in the food and drink industry. Our principle item is sunflower oil, which used to make the many sorts of sustenance. Which gives a wide assortment of items according to our client's demand. We give, the more kind of sustenance item and refreshment item our client's demand."}
{"_id": "104539", "title": "", "text": "Finding a way to make business development work became a crusade. I got very lucky. My fourth company showed me the way. Within six months I had the beginnings of a solution. Those first insights formed the core of an innovative, potent and cost-effective approach to business development."}
{"_id": "104543", "title": "", "text": "It's funny that you are being downvoted because it's a great question. If someone other than Mayer had been running Yahoo for the last 5 years under the exact same circumstances, would they have made the same decisions? Obviously no one can ever know but it makes you think."}
{"_id": "104552", "title": "", "text": "I think if you fought the charges, you would lose in court. The contact apparently clearly states the charges. The guess the only option is to make an announcement at your wedding. Sadly positions the bride/groom between the hotel and the guests. Maybe it's just me, but I don't pay much attention to Yelp anymore."}
{"_id": "104563", "title": "", "text": "Depending on your bank you may receive an ACH discount for doing automatic withdrawals from a deposit account at that bank. Now, this depends on your bank and you need to do independent research on that topic. As far as dictating what your extra money goes towards each month (early payments, principal payments, interest payments) you need to discuss that with your bank. I'm sure it's not too difficult to find. In my experience most banks, so long as you didn't sign a contract on your mortgage where you're penalized for sending additional money, will apply extra money toward early payments, and not principal. I would suggest calling them. I know for my student loans I have to send a detailed list of my loans and in what order I want my extra payments toward each, otherwise it will be considered an early payment, or it will be spread evenly among them all."}
{"_id": "104572", "title": "", "text": "Can they reject a hundred dollar bill as a payment of debt?! No. A creditor cannot refuse payment in cash, whatever denomination you use. HOWEVER, when you're buying stuff - you don't owe anything to the business owner. There's no debt, so the above rule doesn't apply. As long as there's no debt in existence, the matter of payment is decided between two parties based on the mutual agreement. The demand not to use large bills is reasonable in places like 7/11 or taxi-cab that are frequently robbed, or at a small retailer that doesn't want to invest into forgery detection and fraud prevention. So the answer to this question: Is it the case where this practice of accepting small bills and   rejecting large bills is perfectly legal? Is yes. You can find the full explanation on Treasury.gov, including code references."}
{"_id": "104573", "title": "", "text": "\"The question for each business will have to be \"\"does automation make sense\"\"? There is a cost associated with switching, but is that greater for the business than keeping employees at a higher wage?  Also, we've seen little enough of automation at the customer service level, that we don't know if the customer base will respond well to it... Is this going to be another lesson learned like offshoring?  This is still just a shock. I have a gut feeling that outside of limited applications in the fast food industry, automation of service jobs will be more similar to grocery store implementations of self service registers than anything else.\""}
{"_id": "104577", "title": "", "text": "Does it cost money to refi? I know there are quite a few deals out there, I refi'd in June for $500, not bad. But sometimes can cost couple grand. If so, you have up front costs, plus the cost of the personal loan, that probably would break even at some point after your refi, but at what point? Will you sell before then, or even think about it? Or would you break even next year, then its a no brainer. As mentioned by others, do the numbers."}
{"_id": "104580", "title": "", "text": "\"So, the soviet union purchases its own debt, and this is a shining example of a historical empire that worked in your mind? Come on man, you aren't that fucking stupid are you? You don't need me to explain why that is a very, very incorrect choice do you?  I asked you to name an empire, historically, that purchased its own debt and was successful in doing so. You have still yet to do that.  And btw, there are many, many different forms of \"\"fallacies\"\", don't be a redditor and only learn one. Ad hominem is the same thing as saying personal attacks, and its pretty overused on this site.\""}
{"_id": "104596", "title": "", "text": "So, I'm in IT Operations and my work life balance is also shit. 50hr weeks are my good weeks. I'm always on call. Always. At any moment I could be on a 24hr conference call.  I make less than 2% of my CEO's pay and I'm by no means on the lower end of our company's pay scale. CEOs are making more now than in the past, including when compared to the average working salary [source](http://web.mit.edu/frydman/www/trends_frydmansaks_0808.pdf) and [source](http://www.epi.org/publication/ib331-ceo-pay-top-1-percent/). That's just to give you perspective.   Honestly this guy's email is manipulative and should be taken with a grain of salt. His argument for pain is that he's worked hard, didn't have any fun, and had to restructure his debt on his ginormous house? What about the folks that work two and three jobs to keep their shitty apartment in the inner city of Chicago? How about the pain of not knowing of you can feed your children this week or the next despite working those three jobs? Those folks just spend all their money on liquor and fancy meals. That's why they're poor.   I've heard this argument before from the mining heiress in Australia. Poor people are poor because they are lazy and drink too much. That's a convenient narrative for rationalizing his greed and opulence no doubt originating from the deep analysis he's done on the socioeconomic causes of poverty. I'll buy that for a dollar."}
{"_id": "104600", "title": "", "text": "\"Don't know why you're being down voted here. If any one still thinks Trump was ever fit for office I'd personally be shocked. He's done so much more harm to America than good by being our president. Other countries laugh at us. America is a circus act and will remain so while he's in \"\"power\"\". I won't even say president because that just not the right term anymore imo.\""}
{"_id": "104607", "title": "", "text": "\"I suppose it is on the surface, when you look at the cost of that indivdual item to your individual doorstep.  But one most consider the efficiency of the entire *system*.  While one item may be a chore, the UPS driver is really an online shopping delivery man.  Courier companies have developed very efficient networks of delivery.  Vastly more efficient than the net sum of the chaotic weekend chore runs that we all do, heading from store to store accross the city.  I know i've switched over to online shopping almost exclusively to avoid that. I'd rather wait a few days and have whatever i need delivered to home or work than waste one of my week days \"\"running around\"\".  I know that doesn't sound like much of a point, but consider the effect if a significant percentage of the population began to utilize online shopping.  Replacing the chaotic hordes of individuals running around all week, with an efficient delivery system.  The infrastructure savings would be likely be significant, and quality of life would be improved for most with less errands to be running.  It would be interesting if that could be quantified and compared to what the income from a state sales tax would bring.\""}
{"_id": "104644", "title": "", "text": "Sounds feasible.  I make $45000 a year, with two car payments, credit card and student loan debt.  Also, my wife doesn't work.  I was approved for a $116000 house with a USDA loan.  There are limits or how much debt you can have when applying for a USDA (sorry, I can't remember off the top of my head) and you'll also be getting the house inspected under different regulations.   For instance, we couldn't get approved until the seller put a handrail on a set of exterior stairs.  That regulation is specific to USDA along with a few others. I'm living in southern Indiana and this just happened a couple months ago for us. Make sure you have some money set aside for various things like a lawn mower and if the siding blows off the night after you move in (yup, that happened).  Also, shop around for homeowner's insurance.  We did some hunting, and we found a provider who was willing to price match and ended up saving some money on our car insurance as well."}
{"_id": "104652", "title": "", "text": "This is called the Ask-Bid Spread. The difference varies based on the liquidly of the asset. The more liquid or the higher the volume of trades for the asset then the smaller the spread is. The spread goes to the broker to pay for some of the cost of the trade. My guess is that when there is a higher volume of shares being traded, brokers need to take less of a fee per share out of the transaction to cover their costs. This makes the spread is smaller.  This is essentially the difference in   price between the highest price that a   buyer is willing to pay for an asset   and the lowest price for which a   seller is willing to sell it. The seller will get the bid price and the buyer will pay the ask and the broker keeps the spread. From http://www.investopedia.com/terms/b/bid-askspread.asp"}
{"_id": "104661", "title": "", "text": "The lot size is 100 troy ounce. See the contract specification at the same site; http://www.cmegroup.com/trading/metals/precious/gold_contract_specifications.html So with the current price of around $1785, one lot would cost you around 178,500. There may be other sites that offer smaller lots you would need to check with your broker. if the price moves up by $500, you gain $50,000 for a lot. The margin required changes from time to time:  Currently it's $3666, with a maintenance of $3332, so a drop of $3.34 per oz of gold will cause a margin call. You make or lose 100 times the per oz movement as there are 100oz in the contract you cited. There's also a broker fee analogous to the commission on a stock trade.  The other option would be to buy a fund that invests in Gold, this will be more easier to buy and the lot sizes will be much less. I hope you jumped into this great opportunity. At the time, experts said gold would have a straight run to $5000."}
{"_id": "104668", "title": "", "text": "Thanks for your feedback! I do see the 2 million cell limit being issues with big datasets sometimes. I think it just reassures me that if other companies have made the transition and are running well after, then we can get through this transition as well lol"}
{"_id": "104673", "title": "", "text": "Then the energy companies will probably just lobby the government to pass a law banning people from going off-grid and requiring them to pay high fees to hook up solar systems to the grid (to make sure they're never economical) like they did in Spain."}
{"_id": "104693", "title": "", "text": "Um ... are you asking how much of a wage increase for the people who are employed will make up for the loss in income to the people who become unemployed?   If so, I don't think increasing Joe's wages by any amount will counteract Bob's loss of his job."}
{"_id": "104707", "title": "", "text": "&gt; they will just leave instead of paying.   Great.   The rich are rich because they own things that leech money from our economies.  We can tax them wherever they are by taxing the mechanisms by which they earn money from us.  Having them all leave would be the best thing, because it would dispel the illusion that helping the rich helps America.   &gt; The rich already pay the vast majority of taxes.  Only if you ignore most of the taxes the rest of us pay."}
{"_id": "104711", "title": "", "text": "So these two guys endangered or killed people and received shorter prison sentences than many MJ users used to receive in the US? Amazing. China may be corrupt, but at least they'd execute these bastards in short order."}
{"_id": "104724", "title": "", "text": "\"Books such as \"\"The Pocket Idiot's Guide to Investing in Mutual Funds\"\" claim that money market funds and CDs are the most prudent things to invest in if you need the money within 5 years. More specifically:\""}
{"_id": "104726", "title": "", "text": "Think of your mortgage this way - you have a $130K 16 year mortgage, at 6.75%.  At 4%, the same payment ($1109 or so) will pay off the loan in 12.4 years. So, I agree with littleadv, go for a 15yr fixed (but still make the higher payment) or 10 yr if you don't mind the required higher payment. Either way, a refinance is the way to go.  Edit - My local bank is offering me a 3.5% 15 yr loan with fees totaling $2500. For the OP here, a savings of 3.25% or first year interest savings of $4225. 7 months to breakeven.  It's important not to get caught up in trying to calculate savings 15-20 years out. What counts today is the rate difference and looking at it over the next 12 months is a start. If you break even to closing costs so soon, that's enough to make the decision."}
{"_id": "104730", "title": "", "text": "Maybe but would it be ruined if that 10% was merely moved from DoD money to funding local businesses or something?  The downside of defense funding is that even if it provides jobs, it's not self sustainable, whereas if you used that money to fund startups/local businesses, those things could potentially eventually grow or at least not require additional funding.  Then your city would not require outside funding to survive which is even better no?"}
{"_id": "104735", "title": "", "text": "yeah, I like that, sp. as I'm as computer scientist working in engineering software and love optimization.  guess you just can't push a rope, but maybe we can put in place rules which create the incentives that guide the machine.   Often think about the incentives which guide bank lending decisions, how the commissions for issuing debt became somehow much more important to people than the idea of repayment.  Debt, created from nothing, only has value insofar as it is going to be repaid.  Maybe the knowledge they would not have to cover their own losses was enough to imbalance the equation.. lack of diligence became very common.. but why?  I remember doing business courses in the 80s where repayment was the first thing we were thinking about, all through the course of evaluating lending decisions.."}
{"_id": "104737", "title": "", "text": "\"I'm told that the analysis and arriving at an answer with a good attitude is the correct response and not the precise answer.  Bad answer : What? That's impossible, go fuck yourself, asshole. Better: Well, I have a Expedition and its cabin is about six feet across, ten feet deep and four feet high, so lets say 400,000 sq inches (rounding means your cool, right). About a third of the space is taken up by seats and what not, so 275,000 sq inches free. Lets assuming we pack the balls in there tight from the sun roof. I figure a tennis ball takes up 4/3(3.1416)2.5\"\" each, so lets say 10. So 27,500. I'd order 30,000  to be safe and have a well stuffed SUV. Do you want the engine compartment full too? Too much: Same as above but \"\"so to test this I was able to cram 27895 without damaging any of the plastic SUV parts, and allowing for the sun roof to close.\""}
{"_id": "104740", "title": "", "text": "Yes, what they said. You don't mention where you are on the totem pole. Are you reporting to the top dog, or are you 3 levels down? Not to be a downer, but until you know your cut, I'd not get too excited either way. 1000 shares/options of a LinkedIn turned to nearly $100K. Nothing to sneeze at, to be sure, but not enough to retire, nor bother contacting a lawyer.  The details of the equity should be spelled out clearly, nothing against Lawyers, but it's likely to be wasted money."}
{"_id": "104741", "title": "", "text": "\"Like Jeremy T said above, silver is a value store and is to be used as a hedge against sovereign currency revaluations.  Since every single currency in the world right now is a free-floating fiat currency, you need silver (or some other firm, easily store-able, protect-able, transportable asset class; e.g. gold, platinum, ... whatever...) in order to protect yourself against government currency devaluations, since the metal will hold its value regardless of the valuation of the currency which you are denominating it in (Euro, in your case).  Since the ECB has been hesitant to \"\"print\"\" large amounts of currency (which causes other problems unrelated to precious metals), the necessity of hedging against a plummeting currency exchange rate is less important and should accordingly take a lower percentage in your diversification strategy.  However, if you were in.. say... Argentina, for example, you would want to have a much larger percentage of your assets in precious metals. The EU has a lot of issues, and depreciation of hard assets courtesy of a lack of fluid currency/capital (and overspending on a lot of EU governments' parts in the past), in my opinion, lessens the preservative value of holding precious metals.  You want to diversify more heavily into precious metals just prior to government sovereign currency devaluations, whether by \"\"printing\"\" (by the ECB in your case) or by hot capital flows into/out of your country.  Since Eurozone is not an emerging market, and the current trend seems to be capital flowing back into the developed economies, I think that diversifying away from silver (at least in overall % of your portfolio) is the order of the day. That said, do I have silver/gold in my retirement portfolio?  Absolutely.  Is it a huge percentage of my portfolio?  Not right now.  However, if the U.S. government fails to resolve the next budget crisis and forces the Federal Reserve to \"\"print\"\" money to creatively fund their expenses, then I will be trading out of soft assets classes and into precious metals in order to preserve the \"\"real value\"\" of my portfolio in the face of a depreciating USD. As for what to diversify into?  Like the folks above say: ETFs(NOT precious metal ETFs and read all of the fine print, since a number of ETFs cheat), Indexes, Dividend-paying stocks (a favorite of mine, assuming they maintain the dividend), or bonds (after they raise the interest rates).  Once you have your diversification percentages decided, then you just adjust that based on macro-economic trends, in order to avoid pitfalls. If you want to know more, look through: http://www.mauldineconomics.com/ < Austrian-type economist/investor http://pragcap.com/ < Neo-Keynsian economist/investor with huge focus on fiat currency effects\""}
{"_id": "104768", "title": "", "text": "\"$1500 per 90 minute session is $1000 an hour unless there is another price quote I overlooked.  The question the author answers shows just how much standardized tests can be gamed.  She simply used the \"\"plug and chug\"\" method which requires very little understanding of the concept the questions was supposed to test.\""}
{"_id": "104786", "title": "", "text": "Restricted Stock Units are different from stock options because instead of buying them at a particular strike price, you receive the actual shares of stock. They are taxed as ordinary income at the time that the restriction is lifted (you don't have to sell them to be taxed). Usually, you can choose to have a percentage of the stock withheld to cover tax withholding or pay for the withholding out of pocket (so you can retain all of your shares)."}
{"_id": "104788", "title": "", "text": "I think  the cleanest way to do this is to rent the house from your father for 2 years, possibly adding an option to buy at a set price to the lease agreement.  That takes care of any gift issues, and avoids complications like you living in a house that you couldn't afford to own otherwise.  If/when you are able to afford a mortgage, get a mortgage on the house and buy it from your father.   Will a bank be willing to take out a mortgage on a house that I technically own for the full amount? I would not take out a mortgage for anything more than 80% of the house's market value.  Anything more than that, and you need to pay mortgage insurance, which will increase your monthly payment for no benefit to you.   My biggest concern is that you won't be able to afford an 80% mortgage after 2 years.  If your father really wants to keep the house in the family then he should either keep the house and rent it to you, or give you the down payment as a gift (keeping under the maximum gift to avoid taxes). If neither you or your father cannot afford the house you may have no choice but to sell it.  I would not advise you make a bad financial decision purely for sentimental reasons."}
{"_id": "104789", "title": "", "text": "\"So, the term \"\"ready market\"\" simply means that a market exists in which there are legitimate buy/sell offers, meaning there are investors willing to own or trade in the security. A \"\"spot market\"\" means that the security/commodity is being delivered immediately, rather at some predetermined date in the future (hence the term \"\"futures market\"\").  So if you buy oil on the spot market, you'd better be prepared to take immediate delivery, where as when you buy a futures contract, the transaction doesn't happen until some later date.  The advantage for futures contract sellers is the ability to lock in the price of what they're selling as a hedge against the possibility of a price drop between now and when they can/will deliver the commodity.  In other words, a farmer can pre-sell his grain at a set price for some future delivery date so he can know what he's going to get regardless of the price of grain at the time he delivers it.  The downside to the farmer is that if grain prices rise higher than what he sold them for as futures contracts then he loses that additional money.  That's the advantage to the buyer, who expects the price to rise so he can resell what he bought from the farmer at a profit. When you trade on margin, you're basically borrowing the money to make a trade, whether you're trading long (buying) or short (selling) on a security.  It isn't uncommon for traders to pledge securities they already own as collateral for a margin account, and if they are unable to cover a margin call then those securities can be liquidated or confiscated to satisfy the debt.  There still may even be a balance due after such a liquidation if the pledged securities don't cover the margin call. Most of the time you pay a fee (or interest rate) on whatever you borrow on margin, just like taking out a bank loan, so if you're going to trade on margin, you have to include those costs in your calculations as to what you need to earn from your investment to make a profit. When I short trade, I'm selling something I don't own in the expectation I can buy it back later at a lower price and keep the difference.  For instance, if I think Apple shares are going to take a steep drop at some point soon, I can short them.  So imagine I short-sell 1000 shares of AAPL at the current price of $112.  That means my brokerage account is credited with the proceeds of the sale ($112,000), and I now owe my broker 1000 shares of AAPL stock.  If the stock drops to $100 and I \"\"cover my short\"\" (buy the shares back to repay the 1000 I borrowed) then I pay $100,000 for them and give them to my broker.  I keep the difference ($12,000) between what I sold them for and what I paid to buy them back, minus any brokerage fees and fees the broker may charge me for short-selling. In conclusion, a margin trade is using someone else's money to make a trade, whether it's to buy more or to sell short.  A short trade is selling shares I don't even own because I think I can make money in the process. I hope this helps.\""}
{"_id": "104793", "title": "", "text": "This situation, wanting desperately to have access to an investment vehicle in a 401K, but it not being available reminds me of two suggestions some make regarding retirement investing: This allows you the maximum flexibility in your retirement investing.  I have never, in almost 30 years of 401K investing, seen a pure cash investment, is was always something that was at its core very short term bonds. The exception is one company that once you had a few thousand in the 401K, you could transfer it to a brokerage account. I have no idea if there was a way to invest in a money market fund via the brokerage, but I guess it was possible. You may have to look and see if the company running the 401K has other investment options that your employer didn't select. Or you will have to see if other 401K custodians have these types of investments. Then push for changes next year. Regarding external IRA/Roth IRA: You can buy a CD with FDIC protection from funds in an IRA/Roth IRA. My credit union with NCUA protection currently has CDs and even bump up CDs, minimum balance is $500, and the periods are from 6 months to 3 years."}
{"_id": "104806", "title": "", "text": "I just switched CPA's and I am glad I did. My new CPA has made my life A LOT easier. If you're up for it, I can have my CPA call you. He's from California but works with many businesses in different states."}
{"_id": "104807", "title": "", "text": "&gt; Once it is triggered, the system triggers an event to the bank\u2019s alarm system, flags video surveillance of an event, and starts up a device designed to \u201cjam\u201d skimmers by disrupting their reading of card data.  If this works as well as the article claims, why not simply have the magnetic jammers running constantly?"}
{"_id": "104808", "title": "", "text": "I have more book recco's that would be useful than you could consume in a year. The goal is to find books written by practitioners who actually did what you're after.  My favorites are Made in America by Sam Walton and Pour Your Heart Into It by Howard Schultz.  Happy to recommend more but don't want to dilute these two."}
{"_id": "104834", "title": "", "text": "What the fuck are you talking about you stupid uneducated fuckin retard.  If apple buys 10 billion dollars worth of treasuries the government takes 10 billion dollars out of apples bank of america account and deposits it in theirs. What the fuck is so hard to comprehend about that you fuckin moron? They don't 'make' money you fucking retard."}
{"_id": "104838", "title": "", "text": "\"To the topic, and answering some of the questions below...  People \"\"drop out\"\" of the workforce in a number of different ways:  - Ideally, and most constructively, people go back to school. This might be line-cooks or fast-food workers pursuing a culinary or hospitality degree, or liberal-arts majors whose publishing job has evaporated going for a Law or MBA. If you have a desire to go back to school, a job-recession is a good time to do it.   - Often, it is something where one parent in a two-parent household decides to stay home with the kids, when they can no longer earn more than day-care or pre-school costs. If Mom's job prospects are paying $12/hour, minus taxes, and child-care costs $10/hour, it often makes sense for her to stay home, at least until the kids are in public school.   - Sometimes it's just genuine early-retirement. Some real-estate salesman in his 60s who was hoping to earn for a few more years sees the current glut of short-sales and foreclosures, and how hard he's going to have to work for every dollar, and decides he can live with Buick instead of Cadillac in his golden years.   - Some of it is \"\"semi-forced\"\" early-retirement, where bagging groceries doesn't pay any better than social security, so an older worker decides to make ends meet.  - The worst and ugliest component, and sadly a common one, is premature/unnecessary disability claims. Down job markets produce a spike in claims of permanent disability. They are not all entirely fraudulent, but inability to work due to vague-ish chronic pain, psychiatric problems, back/neck injuries from fender-benders, slip-and-falls, etc go up in recessions. There is a certain \"\"watching daytime TV with lots of lawyer commercials\"\" effect among the unemployed, and one way or another, people are vastly more likely to end up on government or insurance-based long-term disability during a bad economy.\""}
{"_id": "104842", "title": "", "text": "Aah, I understand.   Personally I feel that policy gridlock and bureaucratic vestiges of the 90s at the administrative level of banks is what's encumbering their systems from fully adopting new technologies.   Your job sounds like it could make for a Guy Ritchie movie plot one day :)"}
{"_id": "104857", "title": "", "text": "\"A re-financing, or re-fi, is when a debtor takes out a new loan for the express purpose of paying off an old one. This can be done for several reasons; usually the primary reason is that the terms of the new loan will result in a lower monthly payment. Debt consolidation (taking out one big loan at a relatively low interest rate to pay off the smaller, higher-interest loans that rack up, like credit card debt, medical bills, etc) is a form of refinancing, but you most commonly hear the term when referring to refinancing a home mortgage, as in your example. To answer your questions, most of the money comes from a new bank. That bank understands up front that this is a re-fi and not \"\"new debt\"\"; the homeowner isn't asking for any additional money, but instead the money they get will pay off outstanding debt. Therefore, the net amount of outstanding debt remains roughly equal. Even then, a re-fi can be difficult for a homeowner to get (at least on terms he'd be willing to take). First off, if the homeowner owes more than the home's worth, a re-fi may not cover the full principal of the existing loan. The bank may reject the homeowner outright as not creditworthy (a new house is a HUGE ding on your credit score, trust me), or the market and the homeowner's credit may prevent the bank offering loan terms that are worth it to the homeowner. The homeowner must often pony up cash up front for the closing costs of this new mortgage, which is money the homeowner hopes to recoup in reduced interest; however, the homeowner may not recover all the closing costs for many years, or ever. To answer the question of why a bank would do this, there are several reasons: The bank offering the re-fi is usually not the bank getting payments for the current mortgage. This new bank wants to take your business away from your current bank, and receive the substantial amount of interest involved over the remaining life of the loan. If you've ever seen a mortgage summary statement, the interest paid over the life of a 30-year loan can easily equal the principal, and often it's more like twice or three times the original amount borrowed. That's attractive to rival banks.  It's in your current bank's best interest to try to keep your business if they know you are shopping for a re-fi, even if that means offering you better terms on your existing loan. Often, the bank is itself \"\"on the hook\"\" to its own investors for the money they lent you, and if you pay off early without any penalty, they no longer have your interest payments to cover their own, and they usually can't pay off early (bonds, which are shares of corporate debt, don't really work that way). The better option is to keep those scheduled payments coming to them, even if they lose a little off the top. Often if a homeowner is working with their current bank for a lower payment, no new loan is created, but the terms of the current loan are renegotiated; this is called a \"\"loan modification\"\" (especially when the Government is requiring the bank to sit down at the bargaining table), or in some cases a \"\"streamlining\"\" (if the bank and borrower are meeting in more amicable circumstances without the Government forcing either one to be there). Historically, the idea of giving a homeowner a break on their contractual obligations would be comical to the bank. In recent times, though, the threat of foreclosure (the bank's primary weapon) doesn't have the same teeth it used to; someone facing 30 years of budget-busting payments, on a house that will never again be worth what he paid for it, would look at foreclosure and even bankruptcy as the better option, as it's theoretically all over and done with in only 7-10 years. With the Government having a vested interest in keeping people in their homes, making whatever payments they can, to keep some measure of confidence in the entire financial system, loan modifications have become much more common, and the banks are usually amicable as they've found very quickly that they're not getting anywhere near the purchase price for these \"\"toxic assets\"\". Sometimes, a re-fi actually results in a higher APR, but it's still a better deal for the homeowner because the loan doesn't have other associated costs lumped in, such as mortgage insurance (money the guarantor wants in return for underwriting the loan, which is in turn required by the FDIC to protect the bank in case you default). The homeowner pays less, the bank gets more, everyone's happy (including the guarantor; they don't really want to be underwriting a loan that requires PMI in the first place as it's a significant risk). The U.S. Government is spending a lot of money and putting a lot of pressure on FDIC-insured institutions (including virtually all mortgage lenders) to cut the average Joe a break. Banks get tax breaks when they do loan modifications. The Fed's buying at-risk bond packages backed by distressed mortgages, and where the homeowner hasn't walked away completely they're negotiating mortgage mods directly. All of this can result in the homeowner facing a lienholder that is willing to work with them, if they've held up their end of the contract to date.\""}
{"_id": "104858", "title": "", "text": "\"&gt; its a more efficient way to use the whole cow  And if they add more stuff, then you can even use 150% of the cow! Love those unlabeled additives!  P.S. Ever heard of prions? CJD? Mad Cow Disease? \"\"Using the whole cow\"\" isn't always a good thing.\""}
{"_id": "104859", "title": "", "text": "\"We change it every so often to reduce fraud. This is idiocy. They receive regular payments. They are asking the people who pay them to regularly change where their money is being sent. This increases their exposure to fraud dramatically as each time the account is changed, there is a risk it will be changed to an account they do not control. This is a huge red flag. Confirm that this is authentic and, if so, insist that they sign an agreement accepting all liability for the risks this crazy policy causes, otherwise, you should refuse to go through the effort of confirming new accounts and risking typing or communication errors on a regular basis. This is definitely a \"\"what were they thinking?!\"\" kind of thing. If it's not fake entirely. (This answer assumes that you were given a correct explanation, that they change it regularly believing that will reduce fraud.)\""}
{"_id": "104873", "title": "", "text": "I want to understand the specific mechnisms, the chemicals and processes involved, I want to see peer review. I want more than a vacous, misleading comment that stands on shaky footing.  You don't seem to have a very firm grasp on the subject considering your comment. Do you really think it's a stretch to doubt the safety of spraying comestibles with carcinogens?"}
{"_id": "104879", "title": "", "text": "In the UK Ticketmaster own a site for fans who bought tickets but can no longer attend a gig to resell tickets.  Sounds fair enough, but thousands of tickets appear on it the day tickets go on sale for a gig at massively marked up prices.  Undercover documentaries have shown these tickets were never available to the general public at face value.  End that practice &amp; I'll be happy. Fees are a minor irritant in comparison"}
{"_id": "104882", "title": "", "text": "So you understand the system is broken. Why do you think more of the same will fix the problem? The government is corruptable and is widely believed to be corrupted by their allies in corporations that they protect by giving special powers that allow them to avoid responsibility. These powers are not available for the average citizen. But are available to various government organizations and can be bestowed on whim to anyone they deem worthy. How is this an improvement?   What do you in your own words think should be done to fix things? Are you a bot? Can you make words of your own or just links?"}
{"_id": "104892", "title": "", "text": "\"I like these charts but I wish they went back further to show when Obama took office.  If you looked at the progression of these charts from when Obama came into office you would be forced to assume Obama was only just short of the messiah. That was a combination of luck and some decent policies and a *very* helpful Fed.  Trump actually has a somewhat \"\"steady state\"\" economy to work with. We've been muddling along in the current economic milieu since about 2012. Where we go from here can, i think, be safely attributed to policies Trump enacts. Obama faced gridlock for so long that nothing got done after Obamacare.\""}
{"_id": "104901", "title": "", "text": "There's an interesting paper, Does Investor Attention Affect Stock Prices? (Sandhya et al), where researchers look at related stock tickers.  When a large cap, better-known stock jumps, smaller firms with similar symbols also rise.   Pretty nuts -- I interviewed the author of the paper [here](http://www.tradestreaming.com/?p=3745). There's also a transcript."}
{"_id": "104916", "title": "", "text": "It is a question of how volatile the stock is perceived to be, its beta correlation to the S&P500 or other index. Margin requirements are derived from the Federal Reserve, Self Regulatory Organizations, the exchange itself, the broker you use, and which margining system you are using. So that makes this a loaded question. There are at least three margin systems, before you have your own risk officer in a glass room that doesn't care how leveraged up you get. Brokers primarily don't want to lose money."}
{"_id": "104924", "title": "", "text": "I will be very interested in this subject as well in a few years. So far what I found is from an excellent article at the Motley Fool. Basically if you have between $200,000.00 and $1,500,000.00 in assets you should consider long term care insurance around age 55. Less than $200,000.00 and you will most likely qualify for some government hand out.  More than 1,500,000.00 and you can self insure.  Here is the article I found.  Fool article"}
{"_id": "104934", "title": "", "text": "Please note that if you are self employed, then the profit sharing limit for both the SEP and Solo 401(k) is 20% of compensation, not 25%. There is no need for a SEP-IRA in this case.  In addition to the 401(k) at work, you have a solo-401(k) for your consulting business.  You can contribute $18,000 on the employee side across the two 401(k) plans however you wish.  You can also contribute profit sharing up to 20% of compensation in your solo 401(k) plan.  However, the profit sharing limit aggregates across all plans for your consulting business.  If you max that out in your solo 401(k), then you cannot contribute to the SEP IRA. In other words, the solo 401(k) dominates the SEP IRA in terms of contributions and shares a limit on the profit-sharing contribution.  If you have a solo 401(k), there is never a reason to have a SEP for the same company. Example reference: Can I Contribute to a solo 401(k) and SEP for the same company?"}
{"_id": "104955", "title": "", "text": "I've done this in AZ. It's important to know which lender is foreclosing, because if it's not the most senior one, then your purchase can later be foreclosed. A foreclosure extinguishes all junior interests, but can itself be extinguished by a more senior interest. I may not have the correct terms here but you get the idea. You should also check to be sure property taxes are current. They are probably being paid by the original lender, but it wouldn't hurt to check. Make sure you understand the requirements for participation in the auction. In my case they required that I bring a $10K cashier's check made out to myself. On winning the auction I endorsed the check over to the auction company and had 24hours to come up with the remaining funds in cash. The property I bought had been previously sold at a Sheriff's sale to satisfy a judgment in favor of the Homeowner's Association for delinquent dues. The HOA bought the property at the auction and received a Sheriff's deed. At this point the original owner's possessory interest in the property was extinguished. Nevertheless, the original mortgage and deed of trust were still in place, being senior to the HOA's interest. About a year later the lender foreclosed on the property and I bought it at auction at the courthouse. This had the effect of extinguishing the HOA's interest, a fact that took some explaining to the water utility to get the account in my name :-)"}
{"_id": "104966", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Double Irish Arrangement**](https://en.wikipedia.org/wiki/Double%20Irish%20Arrangement): [](#sfw)   ---  &gt;The __double Irish arrangement__ is a [tax avoidance](https://en.wikipedia.org/wiki/Tax_avoidance) strategy that [multinational corporations](https://en.wikipedia.org/wiki/Multinational_corporation) use to lower their [corporate tax](https://en.wikipedia.org/wiki/Corporate_tax) liability. The strategy uses payments between related entities in a corporate structure to shift income from a higher-tax country to a lower-tax country. It relies on the fact that [Irish tax law](https://en.wikipedia.org/wiki/Taxation_in_the_Republic_of_Ireland) does not include US [transfer pricing](https://en.wikipedia.org/wiki/Transfer_pricing) rules.  Specifically, Ireland uses [territorial taxation](https://en.wikipedia.org/wiki/International_Taxation), and hence does not levy taxes on income booked at subsidiaries of Irish companies that are outside of the state. In the late 1980s, [Apple Inc.](https://en.wikipedia.org/wiki/Criticism_of_Apple_Inc.#Tax_practices) was among the pioneers in creating this tax structure.   &gt;  ---  ^Interesting: [^Double ^Irish ^arrangement](https://en.wikipedia.org/wiki/Double_Irish_arrangement) ^| [^Criticism ^of ^Facebook](https://en.wikipedia.org/wiki/Criticism_of_Facebook) ^| [^Corporation ^tax ^in ^the ^Republic ^of ^Ireland](https://en.wikipedia.org/wiki/Corporation_tax_in_the_Republic_of_Ireland) ^| [^Abbott ^Laboratories](https://en.wikipedia.org/wiki/Abbott_Laboratories) ^| [^Facebook](https://en.wikipedia.org/wiki/Facebook)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjzsh40) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjzsh40)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "104971", "title": "", "text": "&gt; EDIT: Why are my numbers messed up? They are fine on my screen till I post.   There needs to be a space after 2:      2.When someone thinks they  __^ add a space there  Also, this is a solid post. It's good to know that everyone has these problems."}
{"_id": "104976", "title": "", "text": "\"&gt; those of us who showed the good judgement  If you call going $80,000 into debt for a \"\"professional certification\"\" (4-year degree) that verifies that you've read Kant or Marx from front to back \"\"good judgement\"\" then I guess so.  Lost in this whole thing is the fact that our college educated jobless want factory jobs in the first place. These guys are looking for veterains because they have been vetted by the military, they've proven some ability  adhere to a heirarchy/follow orders, and have shown an ability to work in a dangerous environment. If you can do that, I am sure they would love to hire you.\""}
{"_id": "104988", "title": "", "text": "Yes, maybe for themselves, but for you that depends on quite a number of things. But not all advisors are scum, but accept the fact that you are their cash cow and you are there for their takings. Some advisors are true to their professions and advise ethically, trying to get the best for their clients. So search for a good advisor rather than a cheap one. And regarding the mortgage you are talking about, the mortgage provider and the mortgage taker don't deal directly, but use their solicitors. Every party wants the least of legal hassles for their transactions and get the best legal help. The financial advisor maybe both rolled into one or he has legal practitioners in his firm who would do the legal job after he takes care of the financial matters. Seems a cost effective workshop."}
{"_id": "105010", "title": "", "text": "I agree with Chad, seek out a personal counselor before making any huge decisions.   I did want to add that if you still want to talk to people about this question try www.stuckinadoorway.org.  There you will get other OCD suffers take on this and all sorts of questions. My only advice directly to your question is to make saving as regular and automated as possible.  Contribute to any work based savings scheme or have a bank make a regular transfer into a savings account."}
{"_id": "105011", "title": "", "text": "What is my best bet with the 401K? I know very little about retirement plans and don't plan to ever touch this money until I retire but could this money be of better use somewhere else?  You can roll over a 401k into an IRA. This lets you invest in other funds and stocks that were not available with your 401k plan. Fidelity and Vanguard are 2 huge companies that offer a number of investment opportunities. When I left an employer that had the 401k plan with Fidelity, I was able to rollover the investments and leave them in the existing mutual funds (several of the funds have been closed to new investors for years). Usually, when leaving an employer, I have the funds transferred directly to the place my IRA is at - this avoids tax penalties and potential pitfalls.   The student loans.... pay them off in one shot?  If the interest is higher than you could earn in a savings account, then it is smarter to pay them off at once. My student loans are 1.8%, so I can earn more money in my mutual funds. I'm suspicious and think something hinky is going to happen with the fiscal cliff negotiations, so I'm going to be paying off my student loans in early 2013.  Disclaimer: I have IRA accounts with both Fidelity and Vanguard. My current 401k plan is with Vanguard."}
{"_id": "105038", "title": "", "text": "I don't understand why they don't just carry it (on a key chain or something). For example, the thing about car keys is that if someone else gets it, they have full access to your car. That is the downside. But the downside of implantables is lack of privacy when you want it (everyone wants it at some time. Has nothing to do with criminality), the possibility of infection, you still have to have it taken out when you change jobs, and also the possibility of someone else impersonating you. The latter can be done by copying the chip data using a chip reader without your knowledge. Also, since it is embedded, it would be up to you to prove the impersonator wasn't you. If that person committed a crime using your chip data, you would be in big trouble. Also makes stalking you easier. This is a really bad idea.  Edit: typo. Changed wearables to implantables."}
{"_id": "105046", "title": "", "text": "It is perfectly legitimate to adjust your 1099-B income by broker's fees.  Publication 17 (p 116) specifically instructs taxpayers to adjust their Schedule D reporting by broker's fees: Form 1099-B transactions.   If you sold property, such as stocks, bonds, or certain commodities, through a broker, you should receive Form 1099-B or substitute statement from the broker. Use the Form 1099-B or the substitute statement to complete Form 8949. If you sold a covered security in 2013, your broker should send you a Form 1099-B (or substitute statement) that shows your basis. This will help you complete Form 8949. Generally, a covered security is a security you acquired after 2010. Report the gross proceeds shown in box 2a of Form 1099-B as the sales price in column (d) of either Part I or Part II of Form 8949, whichever applies. However, if the broker advises you, in box 2a of Form 1099-B, that gross proceeds (sales price) less commissions and option premiums were reported to the IRS, enter that net sales price in column (d) of either Part I or Part II of Form 8949, whichever applies. Include in column (g) any expense of sale, such as broker's fees, commissions, state and local transfer taxes, and option premiums, unless you reported the net sales price in column (d). If you include an expense of sale in column (g), enter \u201cE\u201d in column (f). You can rely on your own records and judgment, if you feel comfortable doing so.  Brokers often make incomplete tax reporting.  This may have been simpler from their perspective if the broker fees were variable, or integrated, or unknown for a number of clients party to a transaction.  If a taxpayer has documentation of the expenses that justify an adjustment, then it's perfectly appropriate to include that in the calculations. It is not necessary to report the discrepancy, and it may increase scrutiny to include a written addendum.  The Schedule D, Form 8949, and Form 1099-B will probably together adequately explain the source of the deduction."}
{"_id": "105051", "title": "", "text": "A series of negative experiences across multiple stores and levels of employees/management, ending with getting the BBB involved.  They were still shady/poor even after the BBB case.  (In short, they lost my laptop I'd sent in for repair, didn't tell me and sent me something similar with my data on it, and when I sent it back, they continued not to tell me much of anything.  Lies and rude people all around.)  I refuse to use them even for showrooming, I stay outside when my friends go in.  I couldn't tell you the last time I went in, and it was by force."}
{"_id": "105089", "title": "", "text": "You certainly don't write like someone who is well educated. Plus you literally say your feelings are more important than a government statistic which is bonkers.   I'm sorry your state sucks. You should try moving. Almost everywhere else has an abundance of job openings right now."}
{"_id": "105103", "title": "", "text": "\"I'd interpret it as \"\"Net Worth\"\" reached 1M where \"\"net worth\"\" = assets - liabilities.\""}
{"_id": "105113", "title": "", "text": "These things will be more fuel efficient, eco friendly than current diesel transportation. Although I feel for the people caught in the transition, like old buggy whip manufacturers, they'll have to adapt. Nothing says that the health of the bottom line of the few must be given favor when weighed against the global benefit."}
{"_id": "105115", "title": "", "text": "netflix should quietly open a bunch of small, free vpn providers that aren't visibly attached to them but are marketed as a way to get better netflix streams. they could sell it even harder by having illusory competition between them.  the most effective way to push back isn't to try to beat them in their own territory, it's to make them ineffective in yours."}
{"_id": "105129", "title": "", "text": "\"The reason to go public is to get money. Not to be snarky, but your question is like asking, \"\"Why should a company try to sell its products, when if they just piled them up in a warehouse they wouldn't have to worry about shipping and customer complaints and collecting sales tax?\"\" The answer, of course, is because they want the money. Sure, there are disadvantages to going public, like more regulation, required financial disclosures, and having to answer to stockholders. That's the price you pay for accepting money from people. They're not going to give you money for nothing.\""}
{"_id": "105135", "title": "", "text": "\"Definitely. The husband and I were talking about this very recently. Our food budget when we moved in together 4 years ago was about $175 every other week, and that was buying good stuff often - steaks, boneless chicken breasts, non-generic brands, etc. Here we are, four years later, and our food budget is $225. That doesn't buy \"\"good stuff\"\" anymore. That buys our meat (just ground beef nowadays) in big packs from Sams so we save a buck a pound, a lot of our dry goods and non-perishables from the discount store (and by that I mean \"\"salvage\"\" grocery stores), and our basics which are mostly store brands.  So on average, we are spending $100 a month more on poorer quality groceries than we were 4 years ago.\""}
{"_id": "105140", "title": "", "text": "By law, your wife can get her full Equifax credit report (sans-FICO score) instantly (once every 12 months) via https://www.annualcreditreport.com She can even get her FICO score with a 7-day free trial of Equifax Complete Premier."}
{"_id": "105142", "title": "", "text": "At Affordable RV storage customer get more saving then just money. They save time when they use the amenities at the vehicle storage facility. Even when using this boat storage you getting the best rates anywhere. RV parking is easy and user freindly for all customers. This RV storage is far more superior then all other competitors."}
{"_id": "105144", "title": "", "text": "\"No no no no!!!!  Do not spend 25k on a damn slab of concrete when you don't even own the land! You are not \"\"truly\"\" the owner unless you legally own the land. I don't care what country your talking about. If you like I'll come over to your place, mix and pour some concrete on the floor, and you can pay me 5 euro. Deal? Buy the smallest parcel of land you can find. Own the land. Pour some concrete on it and viola!!!\""}
{"_id": "105145", "title": "", "text": "Sure! Nazis are any one you don't agree with, even Jews (Breitbart) and even Trump who's daughter converted to Judaism, married a Jew and Trump visited Israel and wore a yarmulke and prayed in the wailing wall in Jerusalem.  Sure!  You are an expert in identifying Nazis. Am I a Nazi too?"}
{"_id": "105158", "title": "", "text": "\"Does location of EA or CPA matter?  Not in particular. The FTB has field offices all over the State, so if a meeting needs to be arranged - it will be in the nearest office. When you interview the potential candidates, you can ask them how they would deal the case if there's a need of an in-person visit to the FTB, and if it is even an option you should be worrying about. Likely not, since as you mentioned before you're in a mail audit process. Are there websites that rate EAs or CPAs, for example, on how many audits they have won? Or should I simply rely on yelp.com ratings. There's no \"\"winning\"\" in audits. Ideally, given the same data, any EA or CPA would reach the same result in the discussion re audits with the FTB. Obviously, some are more experienced and some are less, and some are specializing on specific types of audits/entities, etc. Yelp is a place to start, but take the reviews there with a grain of salt since most reviewers are probably there to rant. If you see a repetitive pattern in the reviews - take that into consideration. For example, you probably don't want to hire someone who's been repeatedly unresponsive to their clients, not returning calls, not answering questions, being late, etc. Are all EAs and CPAs equal  No. Some are generalists, some specialize in a specific area. Some build practice elusively on representation (IRS or FTB, or both), some provide a wide range of services from bookkeeping to Tax Court representation. I suggest looking for those who prominently advertise themselves as specializing in your area (whatever your type of business is), and representation in front of the FTB. Specialists, especially experienced, cost much more. Keep in mind - you'll be getting what you paid for. Also, when you hire a \"\"big shot\"\" EA/CPA - check who's actually going to do the work, and how much oversight the \"\"big shot\"\" is going to provide. Anything else that I potentially missed? Any specific questions that I should ask EA or CPA on initial interview? For example, if my EA/CPA could also talk with auditor in case FTB would want to talk directly with taxpayer, if possible? Well, that's the point of representation - to represent. They should be talking to the FTB in your name. You should verify credentials (IRS for EAs, CA CBA for CPAs), make sure their license is current. You can ask them about their continued education and how much of it is dedicated to the CA State law and FTB regulations. Ask them about their experience with similar cases. Overall, a decently qualified tax professional should be able to handle a mail audit without an issue, in-person representation may be harder since it does not only require being competent in the tax law, but also have some people skills.\""}
{"_id": "105165", "title": "", "text": "\"Excellent question, though any why question can be challenging to answer because it depends on the financial products in question.  At least, I haven't seen many target date retirement funds that include a high percent of foreign stocks, so below explains the ones I've seen which are primarily US stocks. The United States (before the last twenty years) has been seen as a country of stability.  This is not true anymore, and it's difficult for my generation to understand because we grew up in the U.S.A being challenged (and tend to think that China and India have always been powers), but when we read investors, like Benjamin Graham (who had significant influence with Warren Buffett), we can see this bias - the U.S.A to them is stable, and other countries are \"\"risky.\"\"  Again, with the national debt and the political game in our current time, it does not feel this way.  But that bias is often reflect in financial instruments. The US Dollar is still the reserve currency, though it's influence is declining and I would expect it to decline.  Contrary to my view (because I could be wrong here) is Mish, who argues that no one wants to have the reserve currency because having a reserve currency brings disadvantages (see here: Bogus Threats to US Reserve Currency Status: No Country Really Wants It!; I present this to show that my view could be wrong). Finally, there tends to be the \"\"go with what you know.\"\"  Many of these funds are managed by U.S. citizens, so they tend to have a U.S. bias and feel more comfortable investing their money \"\"at home\"\" (in fact a famous mutual fund manager, Peter Lynch, had a similar mentality - buy the company behind the stock and what company do we tend to know best?  The ones around us.). One final note, I'm not saying this mentality is correct, just what the attitude is like.  I think you may find that younger mutual fund managers tend to include more foreign stocks, as they've seen that different world.\""}
{"_id": "105170", "title": "", "text": "&gt; 90% CO2 emitted 100 years has already sunk, absorbed by biota and oceans.  I understand your point.  You believe the US is less responsible for temperature increases than the proportion of its total emissions since most of those emissions are no longer in the air.  So, does that mean you also believe China is less responsible for ocean acidification than the proportion of its total emissions since most of those emissions have not been absorbed by the oceans?"}
{"_id": "105186", "title": "", "text": "This would be 48x wrong, no need to sensationalize it any more than it already has been. Their 10 year estimate of actual solar production (an emerging market) was off by a factor of 4, which is pretty good."}
{"_id": "105199", "title": "", "text": "I suggest you begin by double checking what kinds of credit products you have and to which credit bureaus your bank reports. Not all financial institutions report to all bureaus. For example, if your bank only reports your one and only line of credit to Experian, TransUnion still won't have a file on you. Also, some lines of credit such as being an authorized user on a credit card aren't tracked by all of the bureaus. The other thing to consider is the amount of time that your lines of credit have been open. You said it's been less than one year but if it's been less than six months you might try waiting six months to try requesting your reports. If none of the above solves your problem, I would respond to their letter exactly as they instruct you to. Send everything certified with return receipt, and get into the habit of saving all of these records. When you send your reply be sure to include all of the requested information, a brief summary of your issue, and a reference to their previous letter to you. If they don't respond to your letter or they aren't able to help you, try calling the credit bureaus directly to inquire about the problem. Usually the consumer phone lines are automated, so try the corporate or business contacts they list on their website. On a final note, never submit your information on any of the bureaus websites. By doing so you agree to binding arbitration agreements which limit your right to sue. Only communicate with the bureaus by mail or on rare occasions phone."}
{"_id": "105208", "title": "", "text": "Networking encompasses many types of devices and there are now better or cheaper competitors to Cisco in each category. Off the top of my head there's Juniper and Huawei for routers and switches, Palo Alto Networks for firewalls, and F5 and Citrix Netscalers for load balancing. Physical gear aside, more and more networking functionality can be handled through software instead of dedicated hardware as well. Companies like Facebook and Google design their own networking equipment and have it contract-built as well.  There's also a war going on between the old guard enterprise tech companies where they're poaching each others territory in search of growth. Cisco makes (good but pricey) blade servers while HP makes networking equipment, etc.  Cisco's far from dead but they're no longer a growth company and need to stay nimble if they want to survive. Fortunately they do seem to understand the current environment and announcements like this should ensure their future."}
{"_id": "105209", "title": "", "text": "\"I'm sorry if you took what I said to mean \"\"it was literally abolished arbitrarily because of the prevailing academic thought.\"\" Obviously it was because of the situation but the people in charge of developing the final decisions regarding monetary policy are largely economists and research professionals. They were the ones that decided it no longer made sense to back currency with physical assets\""}
{"_id": "105210", "title": "", "text": "\"My experiences in WNY as a manufacturing engineer getting laid off 3 times due to outsourcing to china and mexico has shown me that there is an issue, that is not addressed by the MF article's bent on spending.   My argument is outsourced jobs, not spending.   I agree with the kodak culture.  Having gone to RIT with alot of Kodakers that lost jobs because of EK's shift to china and I'd say its more than just ignoring digital.  It is the continued investment in china in film processing and ignoring digital.  there is a huge film processing plant in china sitting idle.  Beyond that, Kodak was more than just film.  Medical imagining company and the spun off chemical division they sold are both doing well.  By the time they did digital, it was too late.  Sad thing is I saw kodak employees buying fuji film because the hated the company so much.  I was laid off from Perkin Elmer, now Eaton, building valves for aerospace.  It went to Tijuana.  I was laid off from Getinge USA building sterilizers, it opened a plant in china, I got laid off with others.  Its completion, steris opened a plant in mexico and moved alot of manufacturing there.    getinge used to buy copper and stainless plumbing fittings in the usa, now they are only available from china.    I worked at liberty pumps, they used to get casting for pumps from usa, it all comes from china along w/ several plastic pumps entirely made in china.  http://thedailynewsonline.com/news/article_60eaa658-9226-598b-883f-ae4eadf032c7.html  Xerox has outsourced manufacturing and machining to china; I know the engineers who had to do it.  IT services are going to http://www.nytimes.com/2009/04/06/technology/companies/06xerox.html  search more on xerox and hcl tech.    Engineers I know that work at Delphi developing automated manufacturing cells that are then packed up and moved to Juarez to run parts for auto industry.  http://www.businessweek.com/magazine/content/10_25/b4183009392434.htm many others are moving there as well.  Southco fasteners does the same a Delphi, except they outsource the manufacturing cell to china and run all production there.  Closing usa plants for opening chinese ones.  http://www.designnews.com/document.asp?doc_id=227116  \"\"One example of the shifting tide of American fastener production is Southco, which first began manufacturing specialty fastener devices in Essington, PA in 1945. Last year Southco announced plans to close its Brandywine Manufacturing facility in Concordville, PA. Products and technologies are being transferred to Honeoye Falls, NY, Rockledge, FL, Chihuahua, Mexico and Fu Wang and Shanghai, China. Output from Southco\u2019s four Chinese plants rose 40 percent last year. An assembly center is now operating in the Czech Republic.\"\"  http://www.massdevice.com/news/covidien-shutters-upstate-ny-plant \"\"After a round of layoffs last year and a manufacturing move to China, Covidien closes its Watertown, N.Y., plant, leaving nearly 250 out of work.\"\"  I must say it wasn't a good move for me to get a engineering degree, should have been in something else.  My wife has just stated that I am \"\"winning friends and influencing people on the the internet now\"\"  /Sarcasm runs deep in this house.\""}
{"_id": "105231", "title": "", "text": "The important thing to realize is, what would you do, if you didn't have the call? If you didn't have call options, but you wanted to have a position in that particular stock, you would have to actually purchase it. But, having purchased the shares, you are at risk to lose up to the entire value of them-- if the company folded or something like that.  A call option reduces the potential loss, since you are at worst only out the cost of the call, and you also lose a little on the upside, since you had to pay for the call, which will certainly have some premium over buying the underlying share directly. Risk can be defined as reducing the variability of outcomes, so since calls/shorts etc. reduce potential losses and also slightly reduce potential gains, they pretty much by definition reduce risk. It's also worth noting, that when you buy a call, the seller could also be seen as hedging the risk of price decreases while also guaranteeing that they have a buyer at a certain price. So, they may be more concerned about having cash flow at the right time, while at the same time reducing the cost of the share losing in value than they are losing the potential upside if you do exercise the option. Shorts work in the same way but opposite direction to calls, and forwards and futures contracts are more about cash flow management: making sure you have the right amount of money in the right currency at the right time regardless of changes in the costs of raw materials or currencies. While either party may lose on the transaction due to price fluctuations, both parties stand to gain by being able to know exactly what they will get, and exactly what they will have to pay for it, so that certainty is worth something, and certainly better for some firms than leaving positions exposed. Of course you can use them for speculative purposes, and a good number of firms/people do but that's not really why they were invented."}
{"_id": "105238", "title": "", "text": "In the style of the Bank of England's Inflation Calculator, you can do the calculation like so. The third column is an index made from the inflation figures and the forth column shows the inflation-adjusted values.  Using the index to calculate the difference in costs, for example: The formulas used to produce the table above are shown below."}
{"_id": "105248", "title": "", "text": "&gt; According to pretty well accepted corporate finance principles.  What are the names of those principles and where can I read more about them and how they apply to huge tech companies?  I'd like more than your word on something as huge as you are claiming. That all my stocks are holding way too much cash and are run by finance morons."}
{"_id": "105251", "title": "", "text": "\"For what it's worth, several of the big ones don't charge for reservations (although they may offer a \"\"pay in advance\"\" option with a discount). This gives you the benefit of canceling for free, but unfortunately it also gives them the benefit of cancelling for free.\""}
{"_id": "105253", "title": "", "text": "The VP came into the restaurant I work at and I served him and a client. At the end he tipped me $10 on a $30 bill and left his card saying to call him if I'm interested in being his assistant. I don't think I did anything different than I would a normal table, but I guess he was impressed with my work ethic. the idea of working for someone who can appreciate my serving  and see more potential is exactly the kind of person I'd like to work for."}
{"_id": "105262", "title": "", "text": "You need to think bigger. It's perfectly possible for a couple people to create a search product that could rival Google/Bing. DuckDuckGo was created by one person, and it's quite good at finding things!   People said the same thing about Paypal. Look how that turned out! Stripe signed a deal with Starbucks to handle their payments. I believe that also started as two people...  Maybe Simple will take on this problem one day... https://www.simple.com/"}
{"_id": "105264", "title": "", "text": "\"Actually, the other answer isn't strictly correct.  It's an estimate, giving a lower bound that gets less accurate as income increases.  Consider: U.S. income tax is based on a progressive tax system where there are income bracket levels with increasing tax rates. Example: Given U.S. 2009 federal tax rates for an individual filing as \"\"single\"\": Imagine somebody making $100000.  Assuming no other credits, deductions, or taxes, then income tax based on the above brackets & rates would be calculated as follows: Meaning the average tax rate for the single individual earning $100,000 is 21.72%. However, a pre-tax deduction from that income actually comes off at the top marginal tax rate.  Consider the same calculation but with taxable income reduced to $99,000 instead (i.e. simulating a pre-tax $1000 deduction): That's a difference of $280, which is more than the $217.20 savings that would have been estimated if just using the average tax rate method. Consequently, when trying to determine how much money would be saved by a tax deduction, it makes better sense to estimate using the marginal tax rate, which in this case was 28%.  It gets a little trickier if the deduction crosses a bracket boundary.  (Left as an exercise to the reader :-) Finally, in the case of the deduction being discussed, it also looks like payroll FICA taxes paid by the employee (Social Security's 6.2%, and Medicare's 1.45%) would be avoided as well; so add that to the marginal tax rate savings. The surest way to know how much would be saved, though, would be to do one's income tax return calculation without the deduction, and then with, and compare the numbers.  Tax software can make this very easy to do.\""}
{"_id": "105290", "title": "", "text": "I have a company in China, so I have to regularly come back for work. If the Chinese were to revolt, there would be thousands on the streets causing chaos. That was why instagram was banned, there was a revolt in Hong Kong or shanghai and people used insta to spread the news."}
{"_id": "105305", "title": "", "text": "There's this widespread assumption that Apple intends to release a smartwatch yet no clues whatsoever have come out of Apple suggesting that's what Apple's wearable is going to be. Nobody in the tech press is considering that it might not be a watch, and I don't think it will be. I'll bet Apple is tickled to see LG, Samsung, and Motorola all scrambling to get their latest wrist devices to market ahead of Apple's phantom phonewatch."}
{"_id": "105314", "title": "", "text": "\"I somehow doubt there's any \"\"cast-iron\"\" reservation. Like airline carriage contracts, I bet in those multi page, tiny font legalese that actually is the rental car contract that everyone agreed to when they book (but few will read in its entirety I imagine)...there are clauses in there that probably say your reservation is not guaranteed and the rental company reserves the right to cancel cars for any reason.   Obviously if you're one of those frequent rental program person/top tier member you will likely be not nearly as likely to be cancelled on as opposed to some rando guy renting...\""}
{"_id": "105317", "title": "", "text": "\"So it's added somewhere between $2.4-and-$5.2 trillion, according to the article. Also according to the article, Trump got the figure from Commerce Secretary Wilbur Ross. He didn't make it up.  [The article with the Wilbur Ross quote](http://www.cnbc.com/2017/06/19/wilbur-ross-trump-has-driven-the-stock-market-to-4-trillion-in-gains.html) has these stats:  Since the election, the Dow Jones industrial average has surged more than 16 percent, the S&amp;P 500 has gained more than 13 percent, and the Nasdaq composite has risen 18 percent as of Friday's close.  So this is kind of a non-story with a disingenuously hard-hitting title. A beautiful stucco home of an article, if you will.  edit: I know this is an economics forum and I understand we don't want to get political, but let me just say: I am very far left. Extremely, incredibly far left. But I despise so-called \"\"news\"\" outlets and \"\"economics\"\" rags pushing such blatant bullshit. I feel that this sort of garbage fuels and even somewhat justifies all of the \"\"fake news\"\" accusations. These idiot economics bloggers are doing no favor to the left by engaging in anti-scientific demagoguery.\""}
{"_id": "105336", "title": "", "text": "\"The value will certainly fluctuate up and down (but on average gain more than a savings account), but so long as you have enough liquid assets for emergencies, then yes, it's a perfectly good alternative to savings accounts. how risky, in general, are Index Income Funds. How are you defining \"\"risk\"\"? If you mean \"\"probability that I'll lose it all\"\" then it's virtually zero.  If you mean \"\"how much the value can fluctuate\"\" then it's certainly not risk-free, but it has less volatility that individual stocks.  If you take the S&P 500 as a proxy, you might expect the change in value over any given year to fluctuate between -30% (like 2008) and +40%, with an average change of around 8%. There will be funds that have less volatility, but produce less return, and funds that have more volatility but higher average returns.\""}
{"_id": "105340", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/1029925/if-youre-renting-a-city-apartment-without-a-car-16-of-your-rent-pays-for-parking-you-dont-need/) reduced by 76%. (I'm a bot) ***** &gt; Since the 1940s, many US cities introduced minimum parking rules: for every new unit of housing, developers must also build a certain number of parking spaces.  &gt; Parking should be thought of as an equity issue, argues researchers Gregory Pierce and C.J. Gabbe in the journal Housing Policy Debate, Why? The average price of building a garage parking space is passed on to people whether they own a car or not, and distort the true demand for urban parking.  &gt; &amp;quot;The lack of rental housing without bundled parking imposes a steep cost on carless renters-commonly the lowest income households-who may be paying for parking that they do not need or want,&amp;quot; write the authors.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o5ro3/if_youre_renting_a_city_apartment_without_a_car/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170156 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Parking**^#1 **housing**^#2 **price**^#3 **car**^#4 **new**^#5\""}
{"_id": "105343", "title": "", "text": "\"This is a complicated subject, because professional traders don't rely on brokers for stock quotes.  They have access to market data using Level II terminals, which show them all of the prices (buy and sell) for a given stock.   Every publicly traded stock (at least in the U.S.) relies on firms called \"\"market makers\"\".  Market makers are the ones who ultimately actually buy and sell the shares of companies, making their money on the difference between what they bought the stock at and what they can sell it for.  Sometimes those margins can be in hundreds of a cent per share, but if you trade enough shares...well, it adds up. The most widely traded stocks (Apple, Microsoft, BP, etc) may have hundreds of market makers who are willing to handle share trades.  Each market maker sets their own price on what they'll pay (the \"\"bid\"\") to buy someone's stock who wants to sell and what they'll sell (the \"\"ask\"\") that share for to someone who wants to buy it.   When a market maker wants to be competitive, he may price his bid/ask pretty aggressively, because automated trading systems are designed to seek out the best bid/ask prices for their trade executions.  As such, you might get a huge chunk of market makers in a popular stock to all set their prices almost identically to one another.  Other market makers who aren't as enthusiastic will set less competitive prices, so they don't get much (maybe no) business.  In any case, what you see when you pull up a stock quote is called the \"\"best bid/ask\"\" price.  In other words, you're seeing the highest price a market maker will pay to buy that stock, and the lowest price that a market maker will sell that stock.  You may get a best bid from one market maker and a best ask from a different one.  In any case, consumers must be given best bid/ask prices. Market makers actually control the prices of shares.  They can see what's out there in terms of what people want to buy or sell, and they modify their prices accordingly.  If they see a bunch of sell orders coming into the system, they'll start dropping prices, and if people are in a buying mood then they'll raise prices. Market makers can actually ignore requests for trades (whether buy or sell) if they choose to, and sometimes they do, which is why a limit order (a request to buy/sell a stock at a specific price, regardless of its current actual price) that someone places may go unfilled and die at the end of the trading session.  No market maker is willing to fill the order. Nowadays, these systems are largely automated, so they operate according to complex rules defined by their owners.  Very few trades actually involve human intervention, because people can't digest the information at a fast enough pace to keep up with automated platforms. So that's the basics of how share prices work.  I hope this answered your question without being too confusing! Good luck!\""}
{"_id": "105345", "title": "", "text": "An amortization schedule is often used to produce identical payments for the term (repayment period) of a loan, resulting in the principal being paid off and the debt retired at the end of the loan. This is in contrast to an interest only, or balloon loan. These loans require little or no payment against the balance of the loan, requiring the loan to be paid indefinitely if there is no term, or requiring the loan to be entirely paid off from cash or a new loan at the end of the term. A basic amortization formula can be derived from the compound interest formula:   This formula comes from the Wikipedia article on amortization. The basics of the formula are the periodic payment amount, A (your monthly payment), can be determined by the principal loan, P, the rate, r, and the number of payments, n.  Lenders lend money to make a profit on the interest. They'd like to get back all the money they lent out. Amortization schedules are popular because the fixed low payments make it easier for borrowers to pay the loan off eventually. They also tend to be very profitable for lenders, especially at the start of the term, because they make a lot of profit on interest, just like the start of your mortgage. The principal of a mortgage has more meaning than the principal of a revolving debt credit card. The mortgage principal is fixed at the start, and represents the value of the collateral property that is your home. You could consider the amount of principal paid to be the percentage of your home that you actually own (as part of your net worth calculation).  A credit card has a new balance each month depending on how much you charge and how much you pay off. Principal has less meaning in this case, because there is no collateral to compare against, and the balance will change monthly. In this case, the meaning of the amortization schedule on your credit card is how long it will take you to pay off the balance if you stop charging and pay at the proscribed payment level over the term described. Given the high interest rate on credit cards, you may end up paying twice as much for goods in the long run if you follow your lenders schedule. Amortizing loans are common for consumer loans, unless a borrower is seeking out the lowest possible monthly payment. Lenders recognize that people will eventually die, and want to be paid off before that happens. Balloon and interest only bonds and loans are more commonly issued by businesses and governments who are (hopefully) investing in capital improvements that will pay off in the long run. Thousands of people and businesses have gone bankrupt in this financial crisis because their interest only loans reached term, and no one was willing to lend them money anymore to replace their existing loan."}
{"_id": "105373", "title": "", "text": "It's unclear what you're asking. When I originally read your question, it seemed that you had closed out one options position and opened another. When I read your question the second time, it seemed that you were writing a second option while the first was still open. In the second case, you have one covered and one naked position. The covered call will expire worthless, the naked call will expire in the money. How your broker will resolve that is a question best left for them, but my expectation is that they will assign the non-worthless calls. Whereas, if both options expired in the money, you would be assigned and you would have to come up with the additional shares (and again, that depends on how your broker works). In general, for both cases, your net is the premiums you received, plus the difference between strike price and the price that you paid for the stock, minus any cost to close out the position. So whether you make a profit is very much dependent on how much you received for your premiums. Scenario #1: close first call, write second: Scenario #2: write covered + naked, one expires worthless Scenario #3: write covered + naked, both expire in the money Disclaimer: the SEC does not consider me a financial/investment advisor, so this is not financial/investment advice"}
{"_id": "105383", "title": "", "text": "He passed the aca with only democrat votes. Republicans weren't going to vote for anything no matter what. So why did he make such a centrist plan trying to court republican votes when none of them voted for it anyway."}
{"_id": "105391", "title": "", "text": "MoneyChimp is great for this. It only offers full year returns, but it compounds the results correctly, including dividends.  For mid year results, just adjust a bit based on the data you can find from Google or Yahoo to add some return (or loss) for the months."}
{"_id": "105437", "title": "", "text": "\"When structures recur at different scales, they're called \"\"fractals\"\", and there is something called the \"\"fractal markets hypothesis\"\" which attempts to analyse stock market movements as fractals and in terms of (related) chaos theory. Whether you can profit from it I have no idea.  If it was easy, everyone would be doing it.  Many of the non-academic pages linked in the search results (previous link) remind me of technical analysis/chartist stuff (which - to me - always seems to be a lot better at explaining things after the event than actually predicting things).\""}
{"_id": "105443", "title": "", "text": "i dont think hes as invested in the business as he wants to be. i think he wants someone else to help him with the work and overall load. He is also not very organized and i think he needs someone whom he can trust to manage alot of the menial paperwork."}
{"_id": "105444", "title": "", "text": "Not sure how Technology Mgmt differs from IS but I would limit your options to be Finance, Accounting, TM/IS.   Technology is only going up and people are always going to have problems with it so no problems. Every larger company has an IT department that handles issues from looking for new technology or an IT Service Desk where you answer calls from someone having an issue with their computer. From what I hear from colleagues is experience is huge here. From an IT perspective I think this major would have the highest probability of landing a job.   Accounting and Finance is different. If you go down one of those paths, to be the most successful you'll have to take supplement courses to get either a CPA or CFA. Also working in the big accounting firms from what I've seen is super stressful based on when their clients close their books each quarter but is very rewarding. To move up in Accounting you'd want to get the CPA. If you don't have it, you'll plateau at some point and won't get any higher without it really.  I chose finance, but did not want to be a financial advisor. I did not like the idea of retaining clients by refers or cold calling. Essentially if you remember the scene on Wolf of Wall Street where Leo gets the little job and makes a huge sale off a cold call, that's what it is like when you first start out. You are pressured to sell insurance and stocks to your friends and family in hope that they refer you to their friends and family...it works for some people and it doesn't for others. Down this path you'd also possibly take the CFA tests and for sure series 6, 66, 7. Currently I'm not doing anything finance related but it is a great background for your personal finances and what not.  I would say you want to choose soon though so you can work on getting internships. Internships are huge as it will be a professional reference and if you do well in the position that company could hire you on once you graduate.  Hope this helped.  TLDR: Get an internship and experience the job."}
{"_id": "105446", "title": "", "text": "Sometimes it's not entirely about take-home pay.  A pay raise can affect other things like: These things need to be considered since they also affect quality of life."}
{"_id": "105448", "title": "", "text": "Poolbargains.com, online shopping website that offer spa controls, spa and pool products is offering Summer Sale, for only $149 you\u2019ll have a brand new Above Ground Pool Pumps, while In Ground Pool Pumps starts at the lowest price of $299"}
{"_id": "105468", "title": "", "text": "\"One reason is that you can trade in the IRA without incurring incremental taxes along the way.  This may be especially important if you intend to shift your portfolio allocation as you approach retirement.  For instance, gradually selling stocks and buying bonds can incur taxes if you do it in a taxable account (if you do it while you have other income and thus may face capital gains taxes).  Also, if you have mutual funds in a taxable account, they may distribute capital gains to you that you'll owe taxes on, but holding the funds in an IRA will shield you from that. There are also some other side benefits to IRAs because they are considered to \"\"not count\"\" for certain purposes when determining what you're worth.  For instance, if you go bankrupt, you could be forced to sell assets in taxable accounts to pay your creditors, whereas IRAs are protected in many cases.  Likewise, if you try to get financial aid to pay for college for your kids, money in an IRA won't be counted among your assets in determining your aid eligibility, potentially giving your kids access to more aid money. Finally, an especially prominent benefit is, paradoxically, the early withdrawal penalty.  For many people, part of the purpose of an IRA is to \"\"lock away\"\" their money and prevent themselves from accessing it until retirement.  Early withdrawal penalties provide a concrete consequence that psychologically deters them from raiding their retirement savings willy-nilly.\""}
{"_id": "105481", "title": "", "text": "Especially on the bear side. Who wants to short Amazon or Netflix right now? Sure, they may be overvalued companies with disappointing earnings, propped up by non GAAP metrics like subscriber growth, but they have a cult-like following. And as the saying goes: The market can stay inefficient longer than you can stay solvent."}
{"_id": "105527", "title": "", "text": "In general you must charge HST on and after July 1, 2010. However, in the case of delivered sales, you must charge HST if the transfer of goods will happen on or after July 1,2010. Example:  A person comes into my hypothetical store on June 29, 2010 and buys a couch.  They opt to have it delivered by my truck on July 2, 2010.  I should charge HST on this purchase, not GST/PST. References:"}
{"_id": "105535", "title": "", "text": "Now you can get a variety of musical instrument for sale by reaching out to an experienced music store. Such shops offer everything from guitars to resonators, dulcimers, ukuleles and mandolin for people who are into acoustic music."}
{"_id": "105542", "title": "", "text": "\"Note that these used to be a single \"\"common\"\" share that has \"\"split\"\" (actually a \"\"special dividend\"\" but effectively a split). If you owned one share of Google before the split, you had one share giving you X worth of equity in the company and 1 vote. After the split you have two shares giving you the same X worth of equity and 1 vote. In other words, zero change. Buy or sell either depending on how much you value the vote and how much you think others will pay (or not) for that vote in the future.  As Google issues new shares, it'll likely issue more of the new non-voting shares meaning dilution of equity but not dilution of voting power. For most of us, our few votes count for nothing so evaluate this as you will.  Google's founders believe they can do a better job running the company long-term when there are fewer pressures from outside holders who may have only short-term interests in mind. If you disagree, or if you are only interested in the short-term, you probably shouldn't be an owner of Google. As always, evaluate the facts for yourself, your situation, and your beliefs.\""}
{"_id": "105543", "title": "", "text": "So long as you don't hate what you are doing, I'd say the price is somewhere in the neighborhood of $100-200 year of income to be worth the bookkeeping. I'd only say more than that if you have a ridiculously complex tax situation, you have an irrational hatred of filling out a few forms once a year, or if you just have such a stupidly large amount of money that even having a few hundred dollars a year to donate to people in desperate need just doesn't mean anything to you. Or if you are under special income limits and just a few dollars of income would put you in a bad situation (like a loss of medical benefits, etc). The reason is actually quite simple: the taxes aren't really that hard or time consuming. I've handled three self-employment businesses in my life, and unless you are trying to itemize every last dollar of business deductions and expenses, or you really want to scrape out every last cent from minor deductions that require considerable extra paperwork, it's a few extra forms on your taxes. Most of the extra taxes are as a percentage, so it reduces the benefits, but really not by much. You don't have to make it extra complicated if the extra complexity doesn't give you a big payoff in benefit. I would suggest you pick the simplest imaginable possible system for accounting for this, so that you might only spend an extra few hours per year on the books and taxes. Don't keep $10 sheet music receipts if you feel it's a burden to try to itemize expenses, etc. Instead, the decision should be if you (or in this case your wife) would enjoy doing it, and bringing in money can just be nice in it's own way. I'd suggest she keep some out for little extra niceties, earmark some for feel-good charitable giving, and then of course sock away the rest. Don't let extra income be an unnecessary burden that prevents you from getting it in the first place."}
{"_id": "105557", "title": "", "text": "Great questions -- the fact that you're thinking about it is what's most important. I think a priority should be maximizing any employer match in your 401(k) because it's free money. Second would be paying off high interest debt because it's a big expense. Everything else is a matter of setting good financial habits so I think the order of importance will vary from person to person. (That's why I ordered the priorities the way I did: employer matching is the easiest way to get more income with no additional work, and paying down high-interest debt is the best way to lower your long-term expenses.) After that, continue to maximize your income and savings, and be frugal with your expenses. Avoid debt. Take a vacation once in a while, too!"}
{"_id": "105567", "title": "", "text": "The absolute best advice I ever received was this:  You will need three categories of savings in your life: 1) Retirement Savings  This is money you put away (in 401-Ks and IRAs) for the time in your life when you can no longer earn enough income to support yourself. You do not borrow against it nor do you withdraw from it in emergencies or to buy a house.  2) Catestrophic savings  This is money you put back in case of serious events. Events like: prolonged job loss, hospitalization, extended illness, loss of home, severe and significant loss of transportation, very large aplliance loss or damage. You do not take trips to the Bahamas or buy diamond rings with this money.  3) Urgent, relatively small,  need savings. This is the savings you can use from time to time. Use it for bills that arise unexpectedly, unforseen shortfalls in your budget, needed repairs such as car repairs and small appliance repairs, surprising fines, fees, and bills.  Put 10% of your income into each category of savings. 10% intro retirement savings, another, separate, 10% intro Catestrophic savings, and yet another 10% intro urgent, small need, savings.  So, as you can see, already 30% of your income is already spoken for. Divide up the remaining 70% intro fixed (I recommend 50% toward fixed expenses) and variable expenses. Fixed includes those things that you pay once every month such as housing, utilities, car payment, debt repayment, etc. Variable includes discretionary things like eating out, gifts, and  splurges.  Most importantly, partner with someone who is your opposite. If you are a saver at heart partner with a spender. If you are a spender partner with a saver.  There are three rules to live by regarding the budget: A) no one spends any money unless it is in the budget B) the budget only includes those things to which both the saver and the spender agree C) the budget can, and will, be modified as the pay period unfolds.  A budget is a plan not a means to beat the other person up. Plans change as new information arises. A budget must be flexible. The urgent use savings will help to make  the budget flexible.  Edit due to comments: @enderland Perhaps you do not have children living with you. I am a saver, my wife is a spender. When it came time to do the budget I would forget things like the birthdays of my children, school fees due next pay period, shopping for Christmas gifts, needed new clothes and shoes for the children, broken small appliances that needed to be fixed or replaced, special (non reoccurring) house maintenence (like steam cleaning the carpet), gifts to relatives and friends, exceptional assistance to relatives, etc.  As my wife was the spender she would remind me of these things. Perhaps  you do not have these events in your life. I am glad to have these events in my life as that means that I have people in my life that I care about.  What good is a fat savings account if I have no loved ones that benefit from it?"}
{"_id": "105570", "title": "", "text": "Require it to survive?  hat has that got to do with anything?  That is absolutely not the point at all.  It is a bridge to the next job.  People should not have to sell their homes and move on, especially in this environment, simply because they went without a job for several months more than they expected.  If you don't want to collect what is owed to you, then that is fine.  Do not assume that counts for others.  I know people who live in rich households who pay rent and do not eat at the table with others.  They show up in these statistics and could use the help even though it may not seem like it.  That isn't the point.  And it really isn't clear what the point is when the proposal appears to be causing people to mix their lives up in order to save the government a couple of million over the course of a year.  What is disingenuous is to set up an unemployment insurance system and then expect it to be conditional based on all kinds of criteria.  One thing you might not be keeping in mind is that the existing system has a error rate of around 20% varying a bit between states.  That means around 1 in 5 that are owed insurance payments and sign up never get anything, and around 1 in 5 that are owed nothing for whatever reason end up getting full payments anyway.  The more criteria you add to the mechanism the higher that error rate goes.  You are quibbling over details that the existing system lacks the capacity to handle."}
{"_id": "105583", "title": "", "text": "There will ever be 21 million bitcoins. 1 whole bitcoin breaks down to 100 million units called satoshis. I highly recommend to look into it. It is not a scam, it is not a ponzi. It is revolutionary and the sooner you realise it, the earlier you will be retiring :D"}
{"_id": "105596", "title": "", "text": "Without knowing the WSC's objectives, priorities of those objectives and affordability we cannot determine which type of insurance is best. Life insurance for seniors is very expensive if you examine the per unit cost (e.g. cost per $1000 of death benefit). Therefore affordability is a critical deciding factor for WSC.  Let's assume that we know the WSC's affordability and therefore the monthly premium is a fixed determined number, then there is a inverse relationship between the length of coverage and the amount of coverage. We have to achieve a balance between these two factors to best meet the WSC's objective. If the proposed plan is not affordable then the WSC must leave out his/her objectives with lesser priorities out of the total coverage amount."}
{"_id": "105607", "title": "", "text": "For implied volatility it is okey to use Black and scholes but what to do with the historical volatility which carry the effect of past prices as a predictor of future prices.And then precisely the conditional historical volatility.i suggest that you must go with the process like, for stock returns  1) first download stock prices into excel sheet 2) take the natural log of (P1/po) 3) calculate average of the sample  4) calculate square of (X-Xbar) 5) take square root of this and you will get the standard deviation of your required data."}
{"_id": "105620", "title": "", "text": "\"You may think it sucks to have learned a crap ton of category theory, which is seemingly useless outside of academia, but have you considered picking up a \"\"functional\"\" programming language, e.g. Haskell?  How about Java or, more recently, Scala? I would bet that you would love Haskell.  And then you can make a fortune working at Jane Street Capital, which uses OCaml, another functional programming language. Time to get your hands dirty with some programming experience.  Minimal social skills required, as you had wished for, plus maximal compensation, plus you get to keep using math that was sort of close to your research area. Good luck.\""}
{"_id": "105624", "title": "", "text": "\"And every one of those thousand person companies started with one guy.  And that one guy delegated to hundreds or thousands of other guys and is now sitting on the yacht that his \"\"cut\"\" made him.  Do you honestly think that businesses just because thousand person operations over night?  So yeah, that's exactly the point.\""}
{"_id": "105634", "title": "", "text": "Risk.  That's it.  No guarantees on the fund performance, while the mortgage has a guaranteed return of -3%.  I'm doing this very thing.  Money is cheap, I think it's wise to take advantage of it, assuming your exercise proper risk management."}
{"_id": "105657", "title": "", "text": "I don't want to deal with Walmart shoppers which is why I pay a premium to buy shit at Wholefoods.  If I have to deal with weird yoga ladies with hairy armpits *and* an entire obese family in scooters, I'm gonna end up going somewhere else."}
{"_id": "105666", "title": "", "text": "\"First, congratulations on choosing to invest in low cost passively managed plans. If you choose any one of these options and stick with it, you will already be well ahead of most individual investors. Almost all plans will allow you to re-balance between asset classes. With some companies, sales agents will encourage you to sell your overweighted assets and buy underweighted assets as this generates brokerage commissions for them, but when you only need to make minor adjustments, you can simply change the allocation of the new money going into your account until you are back to your target weights. Most plans will let you do this for free, and in general, you will only need to do this every few years at most. I don't see much reason for you to be in the Target funds. The main feature of these plans is that they gradually shift you to a more conservative asset allocation over time, and are designed to prevent people who are close to retirement from being too aggressive and risking a major loss just before retirement. It's very likely that at your age, most plans will have very similar recommendations for your allocation, with equities at 80% or more, and this is unlikely to change for the next few decades. The main benefits of betterment seems to be simplicity and ease of use, but there is one concern I would have for you with betterment. Precisely because it is so easy to tweak your allocation, I'm concerned that you might hurt your long-term results by reacting to short-term market conditions: I know I said I wanted a hands off account, but what if the stock market crashes and I want to allocate more to bonds??? One of the biggest reasons that stock returns are better than bond returns on average is that you are being paid to accept additional risk, and living with significant ups and downs is part of what it means to be in the stock market. If you are tempted to take money out of an asset class when it has been \"\"losing/feels dangerous\"\" and put more in when it is \"\"winning/feels safe\"\", my concerns is that you will end up buying high and selling low. I'd recommend taking a look at this article on the emotional cycle of investing. My point is simply that it's very likely that if you are moving money in and out of stocks based on volatility, you're much less likely to get the full market return over the long term, and might be better off putting more weight in asset classes with lower volatility. Either way, I'd recommend taking one or more risk tolerance assessments online and making sure you're committed to sticking with a long-term plan that doesn't involve more risk than you can really live with. I tend to lean toward Vanguard Life Strategy simply because Vanguard as a company has been around longer, but betterment does seem very accessible to a new investor. Best of luck with your decision!\""}
{"_id": "105671", "title": "", "text": "&gt;Africa has great potential, but until it's stable, safe, and not so corrupt no westerners or corporations will risk it.  Shell(oil company) made their billions on dealing with african shitholes. As long as the rewards are great enough westerners will have no problem taking on the risk."}
{"_id": "105687", "title": "", "text": "Why don't you just put your down payment on one of your credit cards? (Note: I'm not actually suggesting that you do this. Please read on.) There are a few reasons why you wouldn't (or couldn't) do this: The interest rates on the cards you have is very high.  You don't have enough of a credit limit on any one of your cards for the down payment.  These two reasons highlight the answer to your question.  Credit card companies charge very high interest rates. These high rates allow them to make money even when some of their customers default. They know that not everyone will pay them back, so they make sure to make a hefty profit on those who do.  Secondly, credit card limits are often much lower than the amounts of car and home loans. This limits the risk to the credit card company. Sure, you have $100,000 in total credit limit, but this is split among nine different companies.  When a bank offers a traditional loan for a large sum of money at relatively low interest, they need to be able to limit their risk somehow. They do this by ensuring that their customers actually have the ability to pay them back."}
{"_id": "105694", "title": "", "text": "To add to what others have said, INSTALLMENT CREDIT is a stronger factor when building credit. An installment credit is essentially a loan with a fixed repay amount such as a student loan and a car loan. Banks (when it comes to buying your first home) want to see that you are financially able to repay a big debt (car loan). But be careful, if you cannot pay cash, you cannot afford it. My rule of thumb is that when I'm charging something to my CC, I MUST pay it off when it posts to my account. I just became debt free (paid off about 15k in CC and student loan debt in 18 months) and I love it."}
{"_id": "105707", "title": "", "text": "\"I often say \"\"don't let the tax tail wag the investing dog.\"\" I need to change that phrase a bit to \"\"don't let the tax tail wag the mortgage dog.\"\" Getting a tax deduction on a 4% mortgage basically results (assuming you already itemize) in an effective 3% rate mortgage. The best way to avoid tax is save pretax in a 401(k), IRA, or both.  You are 57, and been through a tough time. You're helping your daughter through college, which is an expense, and admirable kindness to her. But all this means you won't start saving $10K/yr until age 59. The last thing I'd do is buy a bigger home and take on a mortgage. Unless you told me the house you want has an in-law apartment that will bring in a high rent, or can be used to rent rooms and be a money maker, I'd not do this.  No matter how small the mortgage, your property tax bill will go up, and there would be a mortgage to pay. Even a tiny mortgage payment, $400, is nearly half that $10K potential annual savings plan.  Your income is now excellent. Can your wife do anything to get hers to a higher level? In your situation, I'd save every cent I can.\""}
{"_id": "105714", "title": "", "text": "A lot of questions, but all it boils down to is: . Banks usually perform T+1 net settlements, also called Global Netting, as opposed to real-time gross settlements.  That means they promise the counterparty the money at some point in the future (within the next few business days, see delivery versus payment) and collect all transactions of that kind. For this example say, they will have a net outflow of 10M USD.  The next day they will purchase 10M USD on the FX market and hand it over to the global netter.  Note that this might be more than one transaction, especially because the sums are usually larger. Another Indian bank might have a 10M USD inflow, they too will use the FX market, selling 10M USD for INR, probably picking a different time to the first bank.  So the rates will most likely differ (apart from the obvious bid/ask difference). The dollar rate they charge you is an average of their rate achieved when buying the USD, plus some commission for their forex brokerage, plus probably some fee for the service (accessing the global netting system isn't free). The fees should be clearly (and separately) stated on your bank statement, and so should be the FX rate. Back to the second example: Obviously since it's a different bank handing over INRs or USDs (or if it was your own bank, they would have internally netted the incoming USDs with the outgoing USDs) the rate will be different, but it's still a once a day transaction.  From the INRs you get they will subtract the average FX achieved rate, the FX commissions and again the service fee for the global netting.  The fees alone mean that the USD/INR sell rate is different from the buy rate."}
{"_id": "105717", "title": "", "text": "Yes, http://shares.telegraph.co.uk/stockscreener/ has what you're looking for."}
{"_id": "105733", "title": "", "text": "The backlog is more like 650,000. 450,000 was for the first week after the reveal. It's been climbing since.   Source: Musk has disclosed the size of the reservation list and the number of cancellations (over 8,000!) on the record at quarterly earnings conference calls to guide analysts and inform investors. While I did not listen to those calls, I read articles from BGR.com covering those calls and reporting on how they are openly saying they are sold out for 2018 at this point."}
{"_id": "105775", "title": "", "text": "You can't know. It's not like every stock has options traded on it, so until you either see the options listed or a company announcement that option will trade on a certain date, there's no way to be sure."}
{"_id": "105781", "title": "", "text": "\"A dividend is a cash disbursement from the company.  The value of the company goes down the same amount of the dividend, so it is analogous to having money in a savings account and taking a withdrawal every month.  Obviously you are going to have less in the end than if you just kept the money in the account. suppose that I own 10 different stocks, and don't reinvest dividends, but keep them on account, and each month or two, as I add more money to invest, either in one of my existing stocks, or perhaps something new, I add whichever dividend amount is currently available in cash to my new purchase, would this strategy provide the same results? Roughly, yes.  Reinvesting dividends is essentially buying more stock at the lower price, which is a net zero effect in total balance.  So if you invested in the same stocks, yes you'd be in the same place.  If you invested in different stocks, then you would have a performance difference depending on what you invested in. The risk is the temptation to take the cash dividend and not reinvest it, but take it in cash, thereby reducing your earning power. That is, is there some particular reason that the brokers are recommending automatically reinvesting dividends as opposed to reinvesting them manually, perhaps not always in the same item? I'd like to think that they're looking after your best interest (and they might be), but the cynical part of me thinks that they're either trying to keep your business by increasing your returns, or there's some UK regulation I'm not aware of that requires them to disclose the effect of reinvesting dividends.    \u00a3100 invested in the UK stock market since 1899 would have grown into just \u00a3177 after adjusting for inflation. This figure seems ludicrous to me.  I haven't actually measured what the historical returns on the \"\"UK market\"\" are, but that would mean an annualized return (adjusted for inflation) of just 0.5%.  Either UK stocks pay a ridiculous amount of dividends or there's something wrong with the math. EDIT I still have not found a definitive source for the real UK market return, but according to this inflation calculator, \u00a3100 in 1899 would equate to almost \u00a312,000 today, for an average inflation rate of 4.14 percent, which would put the CAGR of the UK market at about 4.9%, which seems reasonable.  The CAGR with dividend reinvestment would then be about 9.1%, making dividend reinvestment a no-brainer in the UK market at least.\""}
{"_id": "105787", "title": "", "text": "\"It's not a scam. They just want you to be an Amazon customer for many years and you'll be advertising Amazon to anyone who sees your credit card. $50 is known as the cost of \"\"customer acquisition\"\" and it is a very good deal for someone who may become a Prime member and spend $1000s a year on Amazon.\""}
{"_id": "105790", "title": "", "text": "Investing in commodities is iffy in the best of times. Potash already has expectations priced in, so I prefer to play CNI, the railroad doing most of the hauling.  Uranium? No. Uranium has been touted for a decade or more without results. Thorium is the preferable future nuclear fuel, and there is lots of it."}
{"_id": "105801", "title": "", "text": "There are some high-yield savings accounts out there that might get you close to 1 percent. Shorter term CDs might also serve you well here- rates are above 1 percent, even with 1-2 year terms: http://www.nerdwallet.com/rates/cds/best-cd-rates/"}
{"_id": "105802", "title": "", "text": "No problem, i am unemployed right now but have been applying to a lot of firms. Im trying to do wholesaling and man o man all people want is experience. i worked at my uncles deli all throughout college to help pay for college and finally my last year i got a job as a teller at a bank. That isn't good enough for people to look at me and i have a lot of good connections."}
{"_id": "105818", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.france24.com/en/20170603-billions-spent-settlers-israel-captured-west-bank) reduced by 81%. (I'm a bot) ***** &gt; Successive Israeli governments have invested billions of dollars over the past 50 years on settlements in the occupied West Bank, making any withdrawal from the Palestinian territory a costly proposition.  &gt; The total surface area of settlements construction in the West Bank has doubled in 18 years, according to the non-governmental organisation.  &gt; Sher, a founder of Blue-White Future which advocates &amp;quot;The Jewish and democratic future of Israel&amp;quot;, was referring to the number of residents of isolated West Bank settlements which are considered the most likely to be evacuated under any two-state peace settlement with the Palestinians.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6f1zbb/the_israeli_government_has_spent_billions_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135654 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **settlement**^#1 **Israel**^#2 **settler**^#3 **billion**^#4 **Palestinian**^#5\""}
{"_id": "105828", "title": "", "text": "The bank is expected to issue you a check for the balance of your account, make sure your name and address on file is correct as that is who they will make the check to and send it. Have the credit union also contact Chase, or get a statement from the credit union, about their customer. If the check does bounce back to the credit union and the account was under his name, then you will have to deal with the state and his estate and you will have to find a different solution for the bills."}
{"_id": "105849", "title": "", "text": "I don't really see it that way. Both kinds of companies are trying to maximize return on investment. Both play a vital role in the economy. And private equity companies like Bain that do a little of both blur the line even further."}
{"_id": "105864", "title": "", "text": "As a parent of under 13 year old kids, I think it could possibly be a great idea.  As long as there are appropriate parental controls (the article mentions allowing parents to control who their kids can friend), it could be a great way to introduce kids to online interaction in a slow, safe way.   I think it'd be cool to allow kids to have a limited facebook accounts that lets them exchange messages, pictures, etc. with their grandparent, cousins, etc."}
{"_id": "105866", "title": "", "text": "\"The trade-off seems to be quite simple: \"\"How much are you going to get if you sell it\"\" against \"\"How much are you going to get if you rent it out\"\". Several people already hinted that the rental revenue may be optimistic, I don't have anything to add to this, but keep in mind that if someone pays 45k for your apartment, the net gains for you will likely be lower as well. Another consideration would be that the value of your apartment can change, if you expect it to rise steadily you may want to think twice before selling. Now, assuming you have calculated your numbers properly, and a near 0% opportunity cost: 45,000 right now 3,200 per year The given numbers imply a return on investment of 14 years, or 7.1%. Personal conclusion: I would be surprised if you can actually get a 3.2k expected net profit for an apartment that rents out at 6k per year, but if you are confident the reward seems to be quite nice.\""}
{"_id": "105872", "title": "", "text": "Maybe if the employers gave their employees a living wage, health benefits, educational opportunities, retirement opportunities, etc. the employees wouldn't be so jaded about their jobs.  Their attitudes stem in large part from the fact that they make so little money for the work they do that is valuable to the company."}
{"_id": "105889", "title": "", "text": "\"PMI IS Mortgage insurance. It stands for \"\"Private Mortgage Insurance\"\". This guy is just trying to get you to buy it from him instead of whoever you have it with now.  Your lender would always be on the policy since it is an insurance policy they hold (and you pay for) that protects them from you defaulting on the loan. Don't think of it as insurance for you in case you can't pay. If that should happen, your credit would still be trashed, the bank just wouldn't be out the money. You don't really get any benefit at all from it. It is just the way a bank can mitigate the risk of giving out large loans. This is why people are keen to drop it as soon as possible.  The whole thing about keeping the house in your estate after you die makes me think he is trying to sell you a different type of insurance called Mortgage Life Insurance. PMI isn't typically about that type of situation. Your estate will go into probate to work out your debts if you die and my understanding is that PMI doesn't usually pay out in that situation.  If this is what he is selling, buying such a policy would be on top of your PMI insurance payment, not instead of it. Be forewarned, personal finance experts usually consider mortgage life insurance to be a ripoff. If you want to protect against the risk of your heirs losing the house because they can't make the payments, you are better off with Term Life Insurance.  However, don't worry that they will inherit your debt on the house unless they are on the loan. If they don't want the house, they won't be obliged to make payments on it (unless they want to keep it). It won't affect their credit if they just walk away and let the bank have the house after you die unless they are on the note. Here is an article (in two parts) with a pretty good treatment of the issue of choosing your own PMI policy: \"\"Give Buyers Freedom to Choose Mortgage Insurance\"\" Part 1 Part 2\""}
{"_id": "105911", "title": "", "text": "Shifting with all home's luggage/Goods is a very tough work. Its more tough when anybody shifts for long distance, because now a days person have a lot of goods for daily use. We, at Shivam Packers and movers in Rajkot offers best services for our customer. Here we have a well managed team for safe delivery of your goods from one place to another place. They are very expert in packing and moving services."}
{"_id": "105918", "title": "", "text": "In spite of purchasing the digital marketing Dubai services, it is wise to opt for the website traffic tips available online at premium website. Unlike other service providers, Seo-daddy is a comprehensive source from where you can get the best and result oriented digital marketing Dubai. Users can explore our wide range of useful yet effective tips on website traffic. These tips will help you to improve the web traffic of your website, effectively. Additionally, these tips are also best for the beginners and advanced users. By using such easy and result oriented tips, one can easily increase website traffic without doing huge investment and be putting immense efforts."}
{"_id": "105936", "title": "", "text": "A movie theater is just a money-making popcorn/candy/drinks stand that happens to be right next to a money-neutral room that people watch films in.  A bowling alley isn't much different.  Unless your ideas involve trivia night, karaoke, 80s music night, local brewery tap takeovers, guest chefs, or other things that drive bar/food traffic, it's going to be hard to increase profits enough to turn things around."}
{"_id": "105949", "title": "", "text": "\"Oh, I understand now -- we're having an absurd, meaningless conversation about an obscure theoretical point.  When you can tell me how you can determine a \"\"minimum cash\"\" level from a public company's filings, we can continue the discussion.  Otherwise, make a simplifying assumption and move on.  I misunderstood -- I thought we were actually trying to understand the difference between enterprise value and equity value / understand the implication of an enterprise value multiple.\""}
{"_id": "105973", "title": "", "text": "\"I would personally beware of the Motley Fool. Their success is based largely on their original investment strategy book. It had a lot of good advice in it, but it pushed a strategy called \"\"The Foolish Four\"\" which was an investing strategy. Since it was based on a buy-and-hold method with 18-month evaluation intervals, it was not a get-rich-quick scheme. However, its methods were validated through data mining and subsequently turned out to be not so good. At least they admit this: http://www.fool.com/ddow/2000/ddow001214.htm\""}
{"_id": "105983", "title": "", "text": "Supplier of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries-We produce high quality and purest form of Ramming Mass. Acidic Ramming Mass and Silica Mix are the synonyms of Silica Ramming Mass. Our Ramming Mass is a derivative of super snow white silica crystalline quartz having large percentage of Silica and manufactured under strict quality control parameters."}
{"_id": "105988", "title": "", "text": "SC TOP DINARIS SRL-D executa servicii de cadastru - intabulare si topografie, la preturi avantajoase, in Bucuresti, Ilfov, Buzau, Dambovita.  A. Cadastru - cadastru si intabulare pentru apartamente si terenuri intravilan si extravilan; parcelari, dezmembrari si/sau lotizari de terenuri intravilane si extravilane; comasari, alipiri de terenuri sau parcele B. Topografie - planuri topografice de situatie (format digital si analogic); ridicari topografice in scopul executarii de proiecte; trasari de constructii, cote si limite de proprietate In sprijinul Dvs. oferim consultanta in ceea ce priveste actele necesare pentru cadastru si intabulare cat si pentru realizarea documentatiei lucrarilor topografice. Experienta si echipamentele topografice moderne si performante va garanteaza calitatea lucrarilor. Lucrarile cadastrale sau de topografie sunt executate conform legislatiei in vigoare si respectand normele emise de Agentia ANCPI."}
{"_id": "106003", "title": "", "text": "Qbank is superb for level 1 but for Levels 2 and 3 you really gotta do the hardest ones, aka the item sets.  I would suggest doing 3 full practice exams and recognizing where you need work with 1-2 weeks to spare before exam day"}
{"_id": "106007", "title": "", "text": "From what I can understand you will be paying money to buy a business with more problems than assets. If it's all about the reviews then register an LLC yourself and do some marketing work, it will cost much less. If this business had clients and constant recurring revenue then that would be a different story."}
{"_id": "106009", "title": "", "text": "&gt; Their trading Bitcoins doesn't validate its utility and guarantee its survival  Yeah definitely. Their trading of Bitcoin basically violates the blockchain system which backs and creates their value. The whole purpose was to create a pier-to-pier system which didn't need to involve banks."}
{"_id": "106011", "title": "", "text": "Replace your own brake pads Disc brake pads are usually snap-in replacement parts. YouTube has tons of videos showing how to do it. Find one with a car similar to your own. And it cannot be over-emphasized... Keep up on the routine maintenance. You can look up the schedule on your car manufacturer's website."}
{"_id": "106016", "title": "", "text": "My bank claims they cannot trace since the money never reached them. Your bank is right. They can't generally trace this. I asked the sender to initiate a trace with Natwest, but no results for 3 days now. Natwest should be able to trace and confirm it. This usually takes anywhere from 7 to 10 days."}
{"_id": "106024", "title": "", "text": "As the funds are Gift received from your parents, and your tax residency is US, as per US gift tax, there is no tax due from you for these funds."}
{"_id": "106027", "title": "", "text": "am I comparing apples and oranges? Yes - different purposes, different laws, different regulations.  One rationale could be that HSA benefits are immediate while retirement benefits are deferred, so the benefit of employer contributions are not felt until retirement and thus do not need as stringent a limit, but that's a complete guess."}
{"_id": "106033", "title": "", "text": "No, in my opinion, a company exists to accomplish the goals of it's owner(s). If the owners want to be willing to give up some of the bottom line to help people in their community then that is fine.  If however the owners are primarily concerned with maximizing profit, then they should do whatever is necessary to maximize profit. In the case of a publicly traded company like Wal-Mart, I would assume that the shareholders are primarily concerned with the company profits and as such, management should take whatever steps necessary to maximize those profits.  Additionally, don't forget that for that American that lost his/her job,  a person from China gained a job. Are Chinese people less important than American people?"}
{"_id": "106070", "title": "", "text": "\"Equity is the term to make things balance. In a simple transaction, you get $100 paid to you. Income goes up by $100 and the asset of whatever bank account or petty cash drawer you put it into also goes up by $100. Equity is unchanged. If for some reason you had to take some income into your books, but no asset increased, no debt decreased, and you had no way to take an offsetting expense into your books, then this would lower your equity. How else to explain having \"\"earned\"\" $100 but having nothing to show for it?\""}
{"_id": "106078", "title": "", "text": "The interest in your account is usually calculated based on the average monthly balance. What the bank will do is try to figure out how much money did you have on average over the month and give you interest on that amount. For example, if you had 10k on deposit and took it out half way through the month, you will still receive interest on about 5k, based on a monthly rate. What I would do is read in detail your agreement with the bank to figure out if your interest is based on an average annual balance and is paid at the end of the year or if it is based on a different measurement. Also, I would be very careful if this is a CD account, since they will have early withdrawal fees. Hope this helps."}
{"_id": "106084", "title": "", "text": "Yes, you can be on a different plan from your dependents.   The only real benefit to having everyone on the sale plan is the Family Deductible and Family Out of Pocket Maximum; which are both generally two times the Individual amounts for the same plan.  When you have just two people on the plan, this combination doesn't do anything.  When you have three or more people on the same plan you can realize the benefit of combining everyone under one plan.  Once one person in the family meets their deductible, any combination of the other family members can meet the rest up to the Family deductible; same goes for the out of pocket max."}
{"_id": "106087", "title": "", "text": "The S&P 500 is an index, you can't buy shares of an index, but you can find index funds to invest in. Each company in that fund that pays dividends will do so on their own schedule, and the fund you've invested in will either distribute dividends or accumulate them (re-invest), this is pre-defined, not something they'd decide quarter to quarter. If the fund distributes dividends, they will likely combine the dividends they receive and distribute to you quarterly.  The value you've referenced represents the total annual dividend across the index, dividend yield for S&P500 is currently ~1.9%, so if you invested $10,000 a year ago in a fund that matched the S&P 500, you'd have ~$190 in dividend yield."}
{"_id": "106104", "title": "", "text": "\"If you sold the stock for a profit, you will owe tax on that profit. Whether it is taxed as short-term or long-term capital gains depends on how long you held the stock before selling it. Presumably you're going to invest this money into mutual funds or something of that sort. Those may pay dividends which can be reinvested, and will grow in value (you hope) just as the individual stock shares would (you hope). Assuming the advice you've been given is at all reasonable, there's no need for buyer's remorse here; you're just changing your investing style to a different point on the risk-versus-return curve. (If you have to ask this question, I tend to agree that you should do more homework before playing with shares in individual companieS ... unless you're getting thess shares at employee discount, in which case you should still seriously consider selling them fairly quickly and reinvesting the money in a more structured manner. In a very real sense your job is itself an \"\"investment\"\" in your employer; if they ever get into trouble you don't want that to hit both your income and investments.)\""}
{"_id": "106106", "title": "", "text": "\"You keep saying you want to do big things, you want to have an adventure, you want to be the mayor.    I think you are misguided if you think becoming an actuary is even close to the correct path.  I can tell you that this line of work does not itself lead to any of your goals (except making money). Nothing *prevents* an actuary from becoming a mayor, being respected in the community, or being known as \"\"doing something big\"\" but the JOB/line of work will not get you there.  All of those goals would have to be accomplished outside of normal work. Also keep in mind the studying and examinations will limit your time outside work to do those things.  Based on the description of what you want in life I think actuary work is about the worst idea unless you want to put off your \"\"real\"\" goals until you are in your 40's or 50's.  TL;DR - Actuary work is not \"\"glorious\"\" in everyone's eyes.  You will not be as respected (outside of work) as you think. Maybe reconsider.\""}
{"_id": "106128", "title": "", "text": "\"You have a good thing going. One of the luxuries of being invested in an index fund for the long term is that you don't have to sweat the inevitable short term dips in the market. Instead, look at the opportunity that presents itself on market dips: now your monthly investment is getting in at a lower price. \"\"Buy low, sell high.\"\" \"\"Don't lose money.\"\" These are common mantras for long term investment mentality. 5-8 years is plenty of time -- I'd call it \"\"medium-term\"\". As you get closer to your goals (~2-3 years out) you should start slowly moving money out of your index fund and start dollar cost averaging out into cash or short-term bonds (but that's another question). Keep putting money in, wait, and sell high. If it's not high, wait another year or two to buy the house. A lot of people do the opposite for their entire lives: buying high, panic selling on the dips, then buying again when it goes up. That's bad! I recommend a search on \"\"dollar cost averaging\"\", which is exactly what you are doing right now with your monthly investments.\""}
{"_id": "106145", "title": "", "text": "If you're looking for some formula, I don't think one exists. People talk about this all the time and give conflicting advice. If there was a proven-accurate formula, they wouldn't be debating it. There are basically 3 reasons to do a home improvement project: (a) Correct a problem so that you prevent on-going damage to your home. For example, have a leaking roof patched or replaced, or exterminate termites. Such a job is worthwhile if the cost of fixing the problem is less than the cost of future damage. In the case of my termite and leaking roof examples, this is almost always worth doing. Lesser maintenance problems might be more debatable. Similarly, some improvements may reduce expenses. Like replacing an old furnace with a newer model may cut your heating bills. Here the question is: how long does it take to repay the investment, compared to other things you might invest your money in. Just to make up numbers: Suppose you find that a new furnace will save you $500 per year. If the new furnace costs $2000, then it will take 4 years to pay for itself. I'd consider that a good investment. If that same $2000 furnace will only cut your heating bills by $100 per year, then it will take 20 years to pay for itself. You'd probably be better off putting the $2000 into the stock market and using the gains to help pay your heating bill. (b) Increase the resale value of your home. If you are paying someone else to do the work, the harsh reality here is: Almost no job will increase the resale value by more than the cost of getting the job done. I've seen many articles over the years citing studies on this. I think most conclude that kitchen remodeling comes closet to paying for itself, and bathrooms come next. New windows are also up there. I don't have studies to prove this, but my guesses would be: Replacing something that is basically nice with a different style will rarely pay for itself. Like, replacing oak cabinets with cherry cabinets. Replacing something that is in terrible shape with something decent is more likely to pay back than replacing something decent with something beautiful. Like if you have an old iron bathtub that's rusting and falling apart, replacing it may pay off. If you have a 5-year-old bathtub that's in good shape but is not premium, top of the line, replacing it with a premium bathtub will probably do very little for resale value. If you can do a lot of the work yourself, the story changes. Many home improvement jobs don't require a lot of materials, but do require a lot of work. If you do the labor, you can often get the job done very cheaply, and it's likely that the increase in resale value will be more than what you spend. For example, most of my house has hardwood floors. Lots of people like pretty hardwood floors. I just restained the floors in two rooms. It cost me, I don't know, maybe $20 or $30 for stain and some brushes. I'm sure if I tried to sell the house tomorrow I'd get my twenty bucks back in higher sale value. Realtors often advise sellers to paint. Again, if you do it yourself, the cost of paint may be a hundred dollars, and it can increase the sale price of the house by thousands. Of course if you do the work yourself, you have to consider the value of your time. (c) To make your home more pleasant to live in. This is totally subjective. You have to make the decision on the same basis that you decide whether anything that is not essential to survival is worth buying. To some people, a bottle of fancy imported wine is worth thousands, even millions, of dollars. Others can't tell the difference between a $10,000 wine and a $15 wine.  The thing to ask yourself is, How important is this home improvement to me, compared to other things I could do with the money? Like, suppose you're considering spending $20,000 remodeling your kitchen. What else could you do with $20,000? You could buy a car, go on an elaborate vacation, eat out several times a week for years, retire a little earlier, etc. No one can tell you how much something is worth to you. Any given home improvement may involve a combination of these factors. Like say you're considering that $20,000 kitchen remodeling. Say you somehow find out that this will increase the resale value by $15,000. If the only reason you were considering it was to increase resale value, then it's not worth it -- you'd lose $5,000. But if you also want the nicer kitchen, then it is fair to say, Okay, it will cost me $20,000, but ultimately I'll get $15,000 of that back. So in the long run it will only cost me $5,000. Is having a nicer kitchen worth $5,000 to me? Note, by the way, that resale value only matters if and when you sell the house. If you expect to stay in this house for 20 years, any improvements done are VERY long-term investments. If you live in it until you die, the resale value may matter to your heirs."}
{"_id": "106149", "title": "", "text": "\"You're essentially asking the very common \"\"Do I Need to File a Tax Return?\"\" question.  It's common enough that the IRS answers it right at the beginning of the Form 1040 Instructions, and it's answered fairly thoroughly here: http://www.irs.gov/individuals/article/0,,id=96623,00.html There's about 20 questions in that checklist which are mostly pretty specialized, but assuming you didn't have taxes withheld that you'd like to get back, and didn't have any retirement income/disbursements this year, the only interesting question is this: \"\"Were you self-employed with earnings of more than $400.00?\"\" Sounds like your losses outweighed your profits, and assuming you had no other income, I'd say you're fine not filing. Can't really speak to state law since that can vary so much, but your state's laws are likely similar to federal, and you can probably find a very similar answer near the beginning of the instructions of your state's income tax form.\""}
{"_id": "106155", "title": "", "text": "Lets say the hurdle rate for this company is 10% and the current return on assets is 8%. A linear increase in revenue and earnings would actually destroy some value as projects that have a 9% return are accepted even though they destroy value for the shareholder.  hope this helps!"}
{"_id": "106161", "title": "", "text": "I would have asked for the intended recipient's account number and pursue sending the money there. If it's the same as yours (except for one digit) that would be a good sign. But even here, the crook could send money to dozens of different accounts, all off by one digit, just to make it look authentic. I'm going with scam just to be safe. As for the checksum, it's used on paper checks (next to the last digit) but not necessarily the actual account. Credit card accounts use an algorithm, but online tools create as many legitimate character strings as you want. I used to work at a credit union, and when the time was just right, I opened account number 860000 (actual account number except for the second digit). All their account numbers were sequential, so the oldest account number was 000001. Sadly, many important systems are set up to meet the simple needs of the masses, and are easy to beat if you really want to. Check out If you dare hackers to hack you, they'll hack you good."}
{"_id": "106167", "title": "", "text": "\"First, there are MLM businesses that are legitimate and are not Ponzi schemes; I actually work with one (I will not name it lest I give the impression of trying to sell here). One thing I learned was how to respond when a prospect raises objections related to the actual scams, which are abundant; the answer being to point out, and you mentioned this yourself, that in an illegitimate scheme, there is no actual product being offered - the only thing money is ever spent on is the expectation of a future profit. Ask your friend, \"\"Would you buy the product this company sells, at the price they ask, if there were not a financial opportunity attached to it?\"\" If not, \"\"How can you expect anyone else to buy it from you?\"\" There are only 3 ways he can respond to this question: he can realize that you're right and get out now; he can change the subject to the concept of making money by climbing the ranks and earning off of a salesforce, in which case it's time to educate him on Ponzi; or he can claim to be able to sell something he doesn't believe in, in which case you should run fat, far away. If he does indicate that he would be a customer even without the chance to sell the product, then offer him the chance to prove it, by giving you one sales pitch on the condition that he is not allowed to breathe a word about joining the business. Do him the courtesy of listening with an open mind, and decide for yourself whether you could ever be a customer. If the possibility exists, even if not today, he has found one of the few legitimate MLM companies, and you should not try to stop him. If not, you'll have to determine whether it's because the product just isn't for you, or because it's inherently worthless, and whether you should encourage or discourage your friend going forward.\""}
{"_id": "106181", "title": "", "text": "You did not get it!  You can buy anything on Amazon, but how many people will buy bicycles, electric riding cars or sand for a sand box on-line?   Most would prefer to go to the toy store so their children can try the bicycle or riding car and choose the one they like."}
{"_id": "106185", "title": "", "text": "\"I agree with you most of what you're saying, but there is still the fundamental conflict at the bottom of all of this.  You are saying that the public accounting firms *should* do these things, when they are in fact just businesses, which are by definition amoral.  The \"\"public\"\" in \"\"public accounting\"\" is misleading here, for the firms are privately held owned organizations.  Of course there are going to be reputational benefits for acting in accordance to these standards, but if they can reasonably get away with it then why wouldn't they?  Edit:  Your comment in regards to the inefficiency of government audits is an excellent point, though.\""}
{"_id": "106198", "title": "", "text": "For anyone in engineering, let this be a lesson. If your boss wants you to do something shady, refuse and if they persist quit. You go to jail while they claim they didn't know anything about it and their lawyers get them off."}
{"_id": "106200", "title": "", "text": "\"I don't live in Pennsylvania and I don't know anything about this particular tax, but just the name says that it is a \"\"local\"\" tax. TurboTax covers federal and state taxes, not local taxes. Many places have city, township, and/or county taxes that you are required to pay in addition to state and federal taxes.\""}
{"_id": "106204", "title": "", "text": "\"They are right to ask for the money back because you were not entitled to that money. However, you may have a defense called \"\"laches\"\". Basically, you can try to show that because of the government's unreasonable delay in asking for the money back, in the meantime you relied on the assumption that it was your money in good faith, and spent it, and now to have to come up with the money that you assumed you wouldn't need would cause great harm to you.\""}
{"_id": "106215", "title": "", "text": "See my recent answer to a similar question on prepaying a mortgage versus investing in IRA. The issue here is similar: you want to compare the relative rates of funding your retirement account versus paying down your debt. If you can invest at a better rate than you are paying on your debt, with similar risk, then you should invest. Otherwise, pay down your debt. The big difference with your situation is that you have a variable rate loan, so there's a significant risk that the rate on it will go up. If I was in your shoes, I would do the following: But that's me. If you're more debt-averse, you may decide to prepay that fixed rate loan too."}
{"_id": "106218", "title": "", "text": "I don't think they were planning to fire everyone and hire chinese engineers, it's a profitable business so the chinese wanted it.   It sucks for the guy who built the company from the ground up (and all the employees who worked for equity), they aren't going to be able to cash out like they had planned."}
{"_id": "106239", "title": "", "text": "\"&gt; Forecasting prices to the level of accuracy they purport is a fool's errand. Sell side analysts are there to get you to buy something, not to make you money. &gt; If they truly believed their analysis was significantly better than anyone else's in the market, they would trade on their own analysis. &gt; No one ever got rich by following analyst recommendations. &gt; Don't believe me? Track the buy/sell recommendations in a spreadsheet for 50+ stocks. I would be shocked if you significantly outperformed the market.  Only partly right.  Sell side price targets are bullshit.  Literally everyone knows this.  The reason there is value isn't because of their predictions but because of everything else.  [Here's another professional's opinion as well:](http://www.reddit.com/r/investing/comments/27dokr/aapl_proves_wall_street_is_nuts/chzy78s?context=3)  &gt; If we're talking about sell-side institutional analysts, then this is not necessarily correct. It's just that the retail sector seems to only give a shit about the forecasts/conclusions (\"\"ohhh DB says buy xyz with target of xx.xx!\"\"). This goes to show how ignorant retail is when it comes to what the actual value of sell-side research reports are.  &gt; Sell-side research isn't valuable for buy-side because of the recommendations.. those are in fact the most ignored aspect of published research. It's valuable for buy-side because of the content. Sell-side analysts do the bullshit grind in investigating underlying information (such as visits to operational endeavors and clawing together bulk data). Buy side uses this underlying accrued data to formulate their own conclusions.\""}
{"_id": "106240", "title": "", "text": "What intrinsic value does the hypertext transfer protocol (HTTP) have? The coins may not have intrinsic value, except that they are kept scarce, but I believe the technologie does. The list of things you can do with a blockchain is endless. In theory applications could be build on top of Bitcoin, though that hasn't happened yet, at least not in a major way. I am personally not invested in Bitcoin anymore, because there are other coins now that have more potential for value, to put it that way, but I think the people who argue Bitcoin has no value whatsoever, or that it's a Ponzi scheme, are usually the ones who don't have any understanding of how it works."}
{"_id": "106244", "title": "", "text": "The problem is that some of us want to design an engine that is fair and stable. Others just want to win. Once some people know who has a chance of winning, they no longer see it as a space in which they are wanting to design something fair, they are seeing the design problem as part of the competition space.  It's really important to teach people from a young age that the rule space itself is a sacred trust and that one must design a system so that they would be happy being any of the players in the system, not just the player they know themselves to be."}
{"_id": "106249", "title": "", "text": "For one, the startup doesn't exist yet, so until March I will get nothing on hand, though I have enough reserves to bridge that time. I would not take this deal unless the start-up exists in some form.  If it's just not yet profitable, then there's a risk/reward to consider.  If it doesn't exist at all, then it cannot make a legal obligation to you and it's not worth taking the deal yet.  If everything else is an acceptable risk to you, then you should be asking the other party to create the company and formalize the agreement with you. As regards reserves, if you're really getting paid in shares instead of cash, then you may need them later.  Shares in a start-up likely are not easy to sell (if you're allowed to sell them at all), so it may be a while before a paycheck given what you've described. For a second, who pays the tax? This is my first non-university job so I don't exactly know, but usually the employer has to/does pay my taxes and some other stuff from my brutto-income (that's what I understood). If brutto=netto, where is the tax? This I cannot answer for Germany.  In the U.S. it would depend in part on how the company is organized.  It's likely that some or all of the tax will be deferred until you monetize your shares, but you should get some professional advice on that before you move forward.  As an example, it's likely that you'd get taxed (in part or in whole) on what we'd call capital gains (maybe Abgeltungsteuer in German?) that would only be assessed when you sell the shares. For third, shares are a risk. If I or any other in the startup screw really, my pay might be a lot less than expected. Of course, if it works out I'm rich(er). This is the inherent risk of a start-up, so there's no getting around the fact that there's a chance that the business may fail and your shares become worthless.  Up to you if you think the risk is acceptable.  Where you can mitigate risk is in ensuring that there's a well-written and enforceable set of documents that define what rights go with the shares, who controls the company, how profits will be distributed, etc.  Don't do this by spoken agreement only.  Get it all written down, and then get it checked by a lawyer representing your interests."}
{"_id": "106265", "title": "", "text": "Being a professional auditor and accountant, deduction against expenses are claimed in the year in which expenses has been incurred. It has no relationship with when it is paid. For example, we may buy on credit does not mean that they will be allowed in the period in which it is paid. This is against the fundamental accounting principles."}
{"_id": "106266", "title": "", "text": "most of the internships are what you make of them. on your downtime try meet with as many people as you can. you have access to internal networks, email people in departments you want to get into and ask for informational interviews. this is extremely important because they will give the recommendations come time for fulltime employment"}
{"_id": "106268", "title": "", "text": "\"&gt;*\u201dChina will extend a warm welcome to Trump during his state visit early next month. Beijing will also hold firmly to its refrain of \"\"win-win cooperation\"\" to (in a theatrical sense) save the appearances.\"\"*  So let me get this straight. They\u2019re planning on a reasonable and no-drama encounter with the fucking moron????? This can only go spectacularly wrong.\""}
{"_id": "106281", "title": "", "text": "I know that the Port Authority employees don't work for the city, so that's a straw man. The reason you've been disingenuous is because you implied that the fact that New York City is overwhelmingly Democratic has any bearing over the control of the New York State Legislature, or the Governorship, when this is clearly not the case. The fact that the current executive director was appointed by Paterson is the first relevant argument you've made. Even so, the current state of the Port Authority  was shaped by more than the past 5 years, and to imply otherwise is also disingenuous."}
{"_id": "106301", "title": "", "text": "If you love to play football. You will find the Best Soccer Balls on our website. There are many soccer balls available to purchase which are all genuine and sold by authorized seller. Such a premium quality we have of balls of top brands like adidas, wilson, puma, nike Best soccer balls for 2017and others."}
{"_id": "106310", "title": "", "text": "A lease payment is composed of an interest portion (borrowed money) and depreciation amount (purchase - residual). The Monthly payment is then Monthly Interest Cost + Monthly Depreciation Cost The Money Factor is used to estimate the amount of interest due in a single month of a lease so you can figure out the monthly payment. If you are borrowing $100,000 then over the entire loan of repayment from a balance of $100,000 to a balance of $0, the average amount you owed was $50,000 (1/2 of principal).   You are repaying this loan monthly (1/12 of a year) and percents are expressed as decimals (1/100). 6 * 1/2 (for principal) * 1/12 (for monthly) * 1/100 (to convert percentage from 6% to .06)  = 6 * 1/2400. 2400 is the product of 3 consecutive conversion (1/2 * 1/12 * 1/100) to convert from an interest rate to a money factor. 6/2400 = Money factor of 0.0025 which can be multiplied against the total amount being borrowed to know what the monthly interest would roughly equal. Some Money Factor info: https://www.alphaleasing.com/resources/articles/MoneyFactor.asp"}
{"_id": "106314", "title": "", "text": "\"The gap up/down and rapid movement immediately following market open is due to overnight futures activity. In your example, SP500 on June 20, 2016 saw a 20-point gap up at market open. This was because the SP500 futures were trading 20 points higher at 9:30 AM than at its close on Friday. The index will always \"\"catch up\"\" with futures at market open. You can see that below. The top chart is the E-mini SP500 futures from Sunday night to Monday. Beneath it is the SP500 index.\""}
{"_id": "106319", "title": "", "text": "\"If I understand you correctly, no you shouldn't be charged interest. Lets say you have a billing cycle of monthly (which usually isn't true). You charge $XX per day, ending up at $1000 at the end of January. So February 1st, your bill for your January billing cycle is $1000, due by Feb 15th (lets say). On February 1st, you continue to charge $XX per day. You go to pay your bill online on Feb 14th (to be safe), and you'll usually see on your credit card website something like: You'd hit \"\"Pay my bill\"\", and you'd usually see these options: At the date your cycle was due (Feb 15th), if you haven't paid your full latest statement (lets say you paid $500), they will charge you interest on the entire balance for the period (so interest on $1000, or lets say $50). The other $500 will roll over to the next month, so your next month you'd be somewhere near a $1550 bill.\""}
{"_id": "106320", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/features/2017-09-12/why-american-workers-pay-twice-as-much-in-taxes-as-wealthy-investors) reduced by 96%. (I'm a bot) ***** &gt; The U.S. has a progressive tax system in the sense that well-paid workers sacrifice much more than poor workers on their &amp;quot;Ordinary income.&amp;quot; But Americans with so-called unearned income-qualified dividends and long-term capital gains-get a break.  &gt; By lowering taxes on investors, you shift more of the tax burden to well-paid workers.  &gt; Taxing workers more than investors is fair, conservatives also argue, because investors and workers are really the same people at different stages of their lives.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70kd8a/why_american_workers_pay_twice_as_much_in_taxes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211279 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **more**^#2 **work**^#3 **rate**^#4 **investor**^#5\""}
{"_id": "106324", "title": "", "text": "I don't know why stocks in some industries tend to have lower prices per share than others. It doesn't really matter much. Whether a company has 1,000,0000 shares selling for $100 each, or 10,000,000 shares selling for $10 each, either way the total value is the same. Companies generally like to keep the share price relatively low so that if someone wants to buy a small amount, they can. Like if the price was $10,000 per share, than an investor with less than $10,000 to put in that one stock would be priced out of the market. If it's $10, then if someone wants $10 they can buy one share, and if someone wants $10,000 they can buy 1000 shares. As to why energy stocks are volatile, I can think of several reasons. One, in our current world, energy is highly susceptible to politics. A lot of the world's energy comes from the Middle East, which is a notoriously unstable region. Any time there's conflict there, energy supplies from the region become uncertain. Oil-producing countries may embargo countries that they don't like. A war will, at the very least, interfere with transportation and shipping, and may result in oil wells being destroyed. Etc. Two, energy is consumed when you use it, and most consumers have very limited ability to stockpile. So you're constantly buying the energy you need as you need it. So if demand goes down, it is reflected immediately. Compare this to, say, clothing. Most people expect to keep the same clothes for years, wearing them repeatedly. (Hopefully washing them now and then!) So if for some reason you decided today that you only need three red shirts instead of four, this might not have any immediate impact on your buying. It could be months before you would have bought a new red shirt anyway. There is a tendency for the market to react rather slowly to changes in demand for shirts. But with energy, if you decide you only need to burn 3 gallons of gas per week instead of 4, your consumption goes down immediately, within days. Three, really adding to number two, energy is highly perishable, especially some forms of energy. If a solar power station is capable of producing 10 megawatts but today there is only demand for 9 megawatts, you can't save the unused megawatt for some future time when demand is higher. It's gone. (You can charge a battery with it, but that's pretty limited.) You can pile up coal or store natural gas in a tank until you need it, but you can't save the output of a power plant. Note numbers two and three also apply to food, which is why food production is also very volatile."}
{"_id": "106327", "title": "", "text": "\"That wasn't an \"\"inheritance\"\" that arrived out of the blue and the \"\"bank\"\" contacted your girlfriend by email, was it? A UK tax code is basically an assessment of how much money you can earn in the UK before you have to pay tax on it - basically it's a coding for a tax allowance and as a UK tax payer HMRC (the UK version of the IRS) gives you one for free. If your girlfriend is not a UK tax payer she should get the necessary paperwork to show that she isn't, although I'm not sure if that's got any bearing on inheritance tax. There are no lawyers involved in that process normally, any appropriately accredited accountant can do that for you in the UK if you're not in the UK. When I had to apply for a change of tax status in the UK it certainly didn't cost me $9.6k to do so via my accountant there. In fact the whole thing cost a few pounds to pay for my accountant's time and that was it. In fact, that whole thing smells fishy to me as someone who used to live in the UK. Care to divulge the name and possibly address of the bank? Here's inheritance tax information straight from the horse's mouth. That should clear up any questions if your girlfriend is even liable for any inheritance tax in the UK in the first place. And then, given the sums involved, get the recommendation for a good lawyer and a good accountant in the UK (or an accountant who can recommend a lawyer) to make sure that that end of the transfer goes smoothly.\""}
{"_id": "106331", "title": "", "text": "Welcome to World Recovery Centers. This is the best addiction recovery center, which is located in  Boynton Beach, FL. This center run by Dr. Alan Meyers, He provides his service over 30 years. Our treatment center has experienced doctor and well staff, which specializes in addiction treatment, addiction recovery program, drug and alcohol addiction treatment and much more. If you want to drug and alcohol addiction treatment, then you can visit our clinic."}
{"_id": "106338", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/metacanada] [Canada Pension Plan Investment Board Invests US$400 Million in WME\u2502IMG](https://np.reddit.com/r/metacanada/comments/6sdk52/canada_pension_plan_investment_board_invests/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "106371", "title": "", "text": "\"I think the key to this question is to think about how people tick. The underlying assumption in any decision that measures monetary value or other economic principles is that we're rational actors in a global marketplace.  Life isn't a ledger or a taxi on a meter. If you have time on your hands or enjoy the act of driving when you run your errands, that diversion to save a dime on gas isn't a net loss, it just is. That may be a different story if you need to get your rental car returned so that you can fly home -- in that case, you're ok with getting hosed by the gas station strategically located between hotels and the airport. Our motivations are deeper than that. Some people get a feeling of satisfaction or security from always getting the \"\"best deal\"\". Some folks visit a particular gas station because the clerks are friendly or the coffee is good. Others want to pay more -- they buy \"\"premium\"\" gas from Exxon/Mobil because they are premium people who \"\"buy the best\"\".\""}
{"_id": "106374", "title": "", "text": "\"I agree, this is an great discussion.  I think I understand your position now - Black-Scholes is an equilibrium model because its a model that in effect says, \"\"here's the price of an option if the underlying follows this stochastic process\"\". I guess my question is then - what would a strictly \"\"no arbitrage\"\" equity option model look like then (e.g. one analogous to Hull-White)? Does such a concept even make sense?\""}
{"_id": "106384", "title": "", "text": "My gf and I are considering a weekend trip here later in the year. If we go I'll be sure to look you up.   Also there is some great branding advice above from others. Best of luck."}
{"_id": "106421", "title": "", "text": "Further evidence that the love of money is the root of all evil. Money is useless if not transformed into something material.\u00a0 Apparently Americans are duped by the wealth effect.\u00a0 If their portfolio has high numbers they feel rich and impoverish themselves by spending more of their income even though it is just ink and paper unless transformed into something tangible.\u00a0 Fools.\u00a0 The hoarders of money must be afraid they would run out, expose they have no usefull skills and have to do actual work for a living."}
{"_id": "106424", "title": "", "text": "Most 0% interest loans have quite high interest rates that are deferred. If you are late on a payment you are hit with all the deferred interest. They're banking on a percentage of customers missing a payment.  Also, this is popular in furniture/car sales because it's a way to get people to buy who otherwise wouldn't, they made money on the item sale, so the loan doesn't have to earn them money (even though some will). Traditional banks/lenders do make money from interest and rely on that, they would have to rely on fees if interest were not permitted."}
{"_id": "106430", "title": "", "text": "Yeah because under those conditions, its usually a 50-50 joint venture with a Chinese company/local government - meaning its in the contract they show the partner how they do things and how their technology works they also lose control on who they bring in.  At least with a wholly own factory, they can control who they hire and have heavy restrictions on who they show their technology...    Before you go on and say China will infiltrate with spies and steal their technology...When it comes to corporate espionage - what would be stopping Tesla (or any multinational company) from hiring a spy in their current facilities in the US (or anywhere else)?"}
{"_id": "106437", "title": "", "text": "\"Seriously. I've been in nonprofit for 8 years. I just reentered the market after two years of grad school and was shocked. Full time 40 hours a week program managers listed under \"\"Americore programs\"\" offering $1,000 a month as a stipend, with Masters degree to qualify. Those jobs were $30 -$50,000+ five years ago and that was on the low end. The level of job rebranding in this market is unbelievable. Employers should be ashamed.  The same with \"\"internships\"\". I really believe labor laws need to start regulating this practice.\""}
{"_id": "106440", "title": "", "text": "\"I feel like the idea \"\"vote with your dollars\"\" has been around for a long time now but very few people have enacted it seriously.  Just think how much shit businesses get away with because they have little to no actual worry of anybody taking their business elsewhere.  A serious large amount of people would have to actually do so to make an impact, but they don't.  Meanwhile we know what happens when people actually do stop buying from businesses, e.g the disappearance of brick and mortar music stores since the advent of digital.  So what's the difference?  Obviously it is convenience.  When it was convenient for people to get their music digitally they stopped buying cds.  But it is apparently too inconvenient to adjust you buying for political reasons.  Which is of course shortsighted when you take the long term consequences into account as inconveniences (and in many cases these consequences are far worse than a mere inconvenience)\""}
{"_id": "106448", "title": "", "text": "If it's feasible, try to get one card down to zero balance, and preferably one of your cash-back cards.  Then keep that at zero every month (pay it off in full), and use it for your purchases as you describe above. The idea would be to get it so that you are not paying interest on your month to month purchases.  This not only reduces the 20% or whatever that you're paying on that balance, but also the 20% or whatever you're paying on those purchases - remember, a card you carry a balance on charges you interest on those purchases from the current month. If this isn't feasible (if these are all very high balance cards), then I suppose the way you're currently doing it would be okay, though I think you're overthinking things to some extent - but with 80% interest, if that's a significant pile of money, you may need to as clearly that needs to be tackled first.  I think it's mostly better for you to pay your day to day stuff out of pocket and not use your cards the way you are suggesting, but with the 80% loan(s) you may need to. The reason I say it's better not to use your card the way you suggest is that it is difficult to do properly and never get it wrong (i.e., never go over a balance), and it's also leaving you in the habit of using credit.  It doesn't help you budget necessarily, either.  Instead, set up a fully developed budget that includes all of those minimum payments and pay them.  Certainly once you have the > 50% debt handled, I would switch to this method (not using credit cards at all)."}
{"_id": "106495", "title": "", "text": "\"There are two solutions. One is financially better, the other is psychologically better.  Financially better: You should pay off loans in the order of interest rate, so the 9% first, then the six percent, then the 3-4%. If you pay back $1000, the first one saves you $90 a year in interest, the second saves you $60, the third $30-$40 a year. Every year until everything is paid back.  Psychologically better: Some people have psychological problems paying back debt, and it is better for them to pay back small loans first. If you feel better having two loans instead of three, and feeling better makes you able to save money and pay back the other loans, while having three loans would make you depressed and unable to make savings - pay back the smaller loan.  If you don't have that kind of problem, use the \"\"financially better\"\" method.\""}
{"_id": "106497", "title": "", "text": "Isn't this because of chronic oversupply of business studies graduates? Nobody seems to want them much when it comes to actual hiring. Yet colleges keep churning them out because they're profitable and there's seemingly an infinite supply of fresh BS rubes to earn money from."}
{"_id": "106501", "title": "", "text": "The $50k is subject to the appropriate income taxes, which may include FICA taxes including the employer share if you are self employed. The after tax money can then be invested with the amount invested being the cost basis (I.e., if you invest $40k you will have a cost basis of $40k).  In future years you will have taxes due if any of those investments pay dividends (or capital gain distributions). Once you sell you will have a capital gain or loss that you will pay taxes on (or take a deduction if a loss). Now you can improve this picture if you are able to put some of your money into a retirement account (either a tax deductible or a ROTH). With retirement accounts you do not pay tax on the capital gains or dividends. If you use a tax deferred account your tax is higher but that is because you were also investing Uncle Sam's portion of your pay check."}
{"_id": "106503", "title": "", "text": "There is an alternative if something (i.e., chicken) is 100% chicken.  If it's anything other than straight chicken, it obviously isn't 100% chicken. It's only deceptive if you literally don't think about it at all. Obviously a chicken meatball isn't 100% chicken. Then it would just be ground chicken.  Do you have any evidence whatsoever of the intent behind the law, or does it just feel that way to you?"}
{"_id": "106538", "title": "", "text": "\"It may seem like you cannot live without this trip, but borrowing money is a bad habit to get into.  Especially for things like vacations.  Your best bet is to save up money and only ever pay cash for things that will decrease in value.  Please note that while it is a bad idea to borrow money for things that decrease in value, the \"\"opposite\"\" is not necessarily true.  That is, it is not necessarily a good idea to borrow money for things that will increase in value; or, will earn you income. False assumptions can cloud our judgement.  The housing bubble and the stock market crash of 1929 are two examples, but there are many others.\""}
{"_id": "106541", "title": "", "text": "Too much fiddling with your portfolio if the difference is 3-4% or less (as it's become in recent months).  Hands off is the better advice.  As for buying shares, go for whichever is the cheapest (i.e. Goog rather than Googl) because the voting right with the latter is merely symbolic.  And who attends shareholders' meetings, for Pete's sake? On the other hand, if your holdings in the company are way up in the triple (maybe even quadruple) figures, then it might make sense to do the math and take the time to squeeze an extra percentage point or two out of your Googl purchases.  The idle rich occupying the exclusive club that includes only the top 1% of the population needs to have somethinng to do with its time.  Meanwhile, the rest of us are scrambling to make a living--leaving only enough time to visit our portfolios as often as Buffett advises (about twice a year)."}
{"_id": "106573", "title": "", "text": "It really centers on the probability of your position falling to $0 and your level of comfort if that were to happen.  There are a plethora of situations that could cause an option contract to become worthless.  The application of leverage to a position also increases the risk. Zero risk would be an FDIC insured savings account, high risk would be buying options on margin, and there's a very wide grey area in between.  I agree that the whole process of assigning a risk level is dubious at best.  As you say, it seems using past data could help assign a risk level, look to beta values if you believe in that.  The problem here is the main disclaimer in use is that past performance cannot be relied upon for future gains. As an aside, if the US government files bankruptcy you'll have a whole host of more immediate problems than the value of your t-bills.  At that point dollars would have been a risky investment."}
{"_id": "106578", "title": "", "text": "I don't know what you mean by 'major'. Do you mean the fund company is a Fidelity or Vanguard, or that the fund is broad, as in an s&P fund?  The problem starts with a question of what your goals are. If you already know the recommended mix for your age/risk, as you stated, you should consider minimizing the expenses, and staying DIY. I am further along, and with 12 year's income saved, a 1% hit would be 12% of a year's pay, I'd be working 1-1/2 months to pay the planner?  In effect, you are betting that a planner will beat whatever metric you consider valid by at least that 1% fee, else you can just do it yourself and be that far ahead of the game.  I've accepted the fact that I won't beat the average (as measured by the S&P) over time, but I'll beat the average investor. By staying in low cost funds (my 401(k) S&P fund charges .05% annual expense) I'll be ahead of the investors paying planner fees, and mutual fund fees on top of that. You don't need to be a CFP to manage your money, but it would help you understand the absurdity of the system."}
{"_id": "106585", "title": "", "text": "Because BB is really a decentralized marketing company that supports individual retail stores.   It would be continuing to use typewriters instead of email; while still employing typists.  Xerox had the same problem: they were a copy machine company and the sales workers got paid by each paper copy was made.  They R&amp;D the paperless office PARC (mouse, GUI, laser printer, etc...)  and can't make it work because it conflicts with their core business.   BB would have had to buy back all the franchises. The ONLY thing BB could do was to go out of business."}
{"_id": "106600", "title": "", "text": "Eh, it's not an excuse. While economic reasons are major ones, saying that people don't manipulate and exploit others for non-economic reasons is a little too rosy. Some people are inherently evil and will step on and over others for personal gains beyond solely monetary.   It sounds like you're trying to say capitalism is the evil here, but I don't think you're going to be able to provide one that isn't similar. Communism, tribal, socialism, fascism, whatever are all twisted and perverted by many involved in them for personal gain.   The one constant in any system is humans and their nature, so I have to disagree that it's solely the economic system that we live under because there just isn't another one that has proven to operate differently in actual execution."}
{"_id": "106611", "title": "", "text": "\"Retirement accounts often can be invested with pretax money, with the exception of Roth accounts that use post-tax and have tax-free growth if you follow the rules, rather than after tax money as well as provide a shelter so that you aren't having to pay annual taxes on dividends and other possible distributions. Another point would be to consider how much money you'd be investing as some funds may have institutional versions that can be much cheaper than others, e.g. compare Vanguard's index funds that the 500 Index in Investor shares, Admiral shares and institutional forms where the tickers would be VFINX, VFIAX, VINIX, VIIIX to consider. Some companies may have access to the institutional funds that aren't what you'd have unless you are investing millions of dollars upfront. Lastly, if there isn't an employer plan and you make a ton of cash, you may not qualify for a deductible IRA or Roth IRA contribution for something else that may happen if you want to start playing with, \"\"What if.\"\"\""}
{"_id": "106614", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Paid media increases across social with Snapchat and Instagram recording huge growth \u2022 r\\/techstock](https://np.reddit.com/r/talkbusiness/comments/782fqi/paid_media_increases_across_social_with_snapchat/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "106620", "title": "", "text": "\"The best predictor of mutual fund performance is low expense ratio, as reported by Morningstar despite the fact that it produces the star ratings you cite. Most of the funds you list are actively managed and thus have high expense ratios. Even if you believe there are mutual fund managers out there that can pick investments intelligently enough to offset the costs versus a passive index fund, do you trust that you will be able to select such a manager? Most people that aren't trying to sell you something will advise that your best bet is to stick with low-cost, passive index funds. I only see one of these in your options, which is FUSVX (Fidelity Spartan 500 Index Fund Fidelity Advantage Class) with an exceptionally low expense ratio of 0.05%. Do you have other investment accounts with more choices, like an IRA? If so you might consider putting a major chunk of your 401(k) money into FUSVX, and use your IRA to balance your overall porfolio with small- and medium-cap domestic stock, international stock, and bond funds. As an aside, I remember seeing a funny comment on this site once that is applicable here, something along the lines of \"\"don't take investment advice from coworkers unless they're Warren Buffett or Bill Gross\"\".\""}
{"_id": "106622", "title": "", "text": "Dental veneers are a thin ceramic shell that is layered over your original tooth and creates a more aesthetically pleasing look of the tooth and creates a nicer smile. Veneers are used commonly to help restore damaged teeth, fractured teeth or teeth that are discolored. It is done professionally by veneers Mansfield.  Visit us : http://dentist-lorain.webnode.com/veneers-mansfield/"}
{"_id": "106627", "title": "", "text": "You think a company based on raising awareness of sea creatures doesn't care about animals. Just look at their mission statement. They put nothing before animal well being. That movie that came out is just pure propaganda.     &gt;Research is performed to gain an understanding of the relationships among reproductive endocrinology, anatomy, behavior and physiological events such as ovulation and parturition. &gt;This knowledge is applied to cooperative captive management practices, in collaboration with government and non-government organizations, to facilitate both natural and assisted breeding strategies."}
{"_id": "106665", "title": "", "text": "Nobody tracks a single company's net assets on a daily basis, and stock prices are almost never derived directly from their assets (otherwise there would be no concept of 'growth stocks').  Stocks trade on the presumed current value of future positive cash flow, not on the value of their assets alone. Funds are totally different.  They own nothing but stocks and are valued on the basis on the value of those stocks.  (Commodity funds and closed funds muddy the picture somewhat, but basically a fund's only business is owning very liquid assets, not using their assets to produce wealth the way companies do.) A fund has no meaning other than the direct value of its assets.   Even companies which own and exploit large assets, like resource companies, are far more complicated than funds: e.g. gold mining or oil extracting companies derive most of their value from their physical holdings, but those holdings value depends on the moving price and assumed future price of the commodity and also on the operations (efficiency of extraction etc.) Still different from a fund which only owns very liquid assets."}
{"_id": "106673", "title": "", "text": "This sounds like a rental fee as described in the instructions for the 1099-MISC.   Enter amounts of $600 or more for all types of rents, such as    any of the following. ... Non-Employee compensation does not seem appropriate because you did not perform a service. You mention that your tax-preparer brought this up.  I think you will need to consult with a CPA to receive a more reliable opinion.  Make sure to bring the contract that describes the situation with you.  From there, you may need to consult a tax attorney, but the CPA should be able to help you figure out what your next step is."}
{"_id": "106684", "title": "", "text": "I'm not sure 1099-MISC is what you should expect. Equity means ownership, and in LLC context it means membership. As an LLC member, you'll get distributions and should receive a K-1 form for tax treatment, not 1099 or W2. If the CEO is talking about 1099 it means he's going to hire you as a contractor which contradicts the statement about equity allocation. That's an entirely different situation. 1) Specifically, would the 1099-MISC form be used in this case? 1099-MISC is used to describe various payments. Depending on which box is filled, the tax treatment may be as of employment income (subject to SE taxes) or passive income (royalties, rents, etc - subject to various limitations in the tax code). 3) If this is the only logical method of compensation (receiving a % of real estate sales), how would it be taxed? That would probably be a commission and taxed as employment income. I suggest to get a professional tax adviser consultation on this issue, with specific details, numbers, and kinds of deals involved. You can get gain or lose a lot of money just because you're characterized as a contractor and not LLC member or employee (each has its own benefits and disadvantages, and you have to consider them all). 4) Are there any advantages/disadvantages to acquiring and selling   properties through the company as opposed to receiving a % of sales? Yes. There are advantages and there are disadvantages. For example, if you're using a corporation, you can get salary, if you're a contractor you cannot. There are a lot of issues hidden in this distinction (which I've just discussed with KeithS in this argument)."}
{"_id": "106687", "title": "", "text": "By all measures, the U.S. stock market is currently frothy. The apparent stability of the world financial system is superficial \u2013 financial asset prices are not real, the equilibrium is temporary, the lack of volatility is a trap, and when the whole thing goes haywire, there will truly be hell to pay."}
{"_id": "106721", "title": "", "text": "Stem Education is a very crucial in the further career for kids. A strong STEM paves the way of the good science, innovation, designing, and arithmetic, such that enables kids to sustain in the scientific aptitudes and relational abilities they learn in humanities courses."}
{"_id": "106728", "title": "", "text": "Thank you monsieurb\\_ for voting on autotldr.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "106733", "title": "", "text": "it sounds like you don't have experience in this, and neither does your *investor*; which is a recipe for disaster (pun intended).  Your first order of business is to check whether your investor is an *Accredited Investor* (google to see what it means), if s/he's not, **walk away**.  If s/he's an accredited investor, find a lawyer who can help you navigate this process, however these are the issues:  * lawyers are expensive, and lawyers who have experience in these type of transactions are even more expensive * you actually need 2 lawyers, one for you and one for the investor * if neither of you have experience, there will be a lot more billable hours from the lawyers.....  In principle this can go 3 ways:  1. The investors give you a loan, you pay them interests on a periodic basis, and then also principal.  Items to be negotiated: interest rates, repayment schedule, collateral, personal guarantees. Highly unlikely this is what the investors wants.  2. The Investors get equity. items to be negotiated: your compensation, % of ownership, how profits are divided, how profits are paid; who gets to decide what.  3. A combination of 1 and 2 above, a *Convertible Note*.  There's a lot more, too much for a Reddit post.  There's not an easy ELI5."}
{"_id": "106735", "title": "", "text": "Your parents would not be able to claim her as a dependent as multiple people are not allowed to claim a single person as a dependent.  Utilize the IRS website to show who you are and are not allowed to claim (https://www.irs.gov/uac/Who-Can-I-Claim-as-a-Dependent%3F)."}
{"_id": "106736", "title": "", "text": "&gt; On July 13, Lampert's ESL Partners entered into a short-term line of credit loans, which carry a maturity date of 151 days and a fixed interest rate of 9.75 percent per year, Sears said.  Jesus Christ.  That seems pretty desperate.  Not sure how or why this would make shares jump.  That's a hell of a rate for what is effectively commercial paper."}
{"_id": "106737", "title": "", "text": "Not a bad article but pretty simplified and a little bit sensationalized. It's not like using math to figure out fixing wealth inequality is a novel idea. There are thousands of researchers and professors in political science, economics and mathematics that have applied their entire research careers on figuring out 1. How inequality has *actually* developed and  2. The best ways to fix it. You can find them in damn near any university in the United States.   You want to read some good, peer reviewed, highly cited research and papers and income and wealth inequality, read anything written by Thomas Piketty or Emmanuel Saez, pretty much the preeminent inequality scholars in Western economics as well as select writings by Krugman or Stiglitz, both of whom have won Nobel prizes. Their works are more palatable for non-academic readers, but their biases (particularly Stiglitz) are more apparent. Still great reads though.   I like that this article addressed the fact that to legitimately change the wealth distribution we need a huge range of programs and tax changes. There's no one right answer and every solution has it's downsides and externalities."}
{"_id": "106740", "title": "", "text": "\"TL;DR; There is no silver bullet. You have to decide how much to invest and when on your own.  Averaging down definition: DEFINITION of 'Average Down' The process of buying additional shares in a company at lower prices than you originally purchased. This brings the average price you've paid for all your shares down. BREAKING DOWN 'Average Down' Sometimes this is a good strategy, other times it's better to sell off a beaten down stock rather than buying more shares.  So let us tackle your questions: At what percentage drop of the stock price should I buy more shares. (Ex: should I wait for the price to fall by 5% or 10% to buy more.) It depends on the behaviour of the security and the issuer. Is it near its historical minimum? How healthy is the issuer? There is no set percentage. You can maximize your gains or your losses if the security does not rebound. Investopedia: The strategy is often favored by investors who have a long-term investment horizon and a contrarian approach to investing. A contrarian approach refers to a style of investing that is against, or contrary, to the prevailing investment trend.  (...) On the other side of the coin are the investors and traders who generally have shorter-term investment horizons and view a stock decline as a portent of things to come. These investors are also likely to espouse trading in the direction of the prevailing trend, rather than against it. They may view buying into a stock decline as akin to trying to \"\"catch a falling knife.\"\" Your second question: How many additional shares should I buy. (Ex: Initially I bought 10 shares, should I buy 5,10 or 20.) That depends on your portfolio allocation before and after averaging down and your investor profile (risk apettite). Take care when putting more money on a falling security, if your portfolio allocation shifts too much. That may expose you to risks you shouldn't be taking. You are assuming a risk for example, if the market bears down like 2008: Averaging down or doubling up works well when the stock eventually rebounds because it has the effect of magnifying gains, but if the stock continues to decline, losses are also magnified. In such cases, the investor may rue the decision to average down rather than either exiting the position or failing to add to the initial holding.  One of the pitfalls of averaging down is when the security does not rebound, and you become too attached to be able to cut your losses and move on. Also if you are bullish on a position, be careful not to slip the I down and add a T on said position. Invest with your head, not your heart.\""}
{"_id": "106746", "title": "", "text": "Dude, I said pink slime is gross. Is, and should be, legal. Still gross.   Stop deciding who I am. You have no idea what you're talking about and are just coming to a conclusion you feel is right. That's totally unreasonable."}
{"_id": "106762", "title": "", "text": "You will see self driving full size semi trucks before you own a personal self driving car.  The efficiencies will be much greater for a big rig, vs small car or van.   Right now, HOS limits time a driver can spend behind the wheel. Without team drivers, the truck sits idle for 60-70+% of the time.  Large truck companies will see the benefit of owning less assets, paying less for whatever fuel they will be using, and increasing the general efficiency of their operations."}
{"_id": "106786", "title": "", "text": "\"I'd suggest you to separate \"\"doing good\"\" from \"\"earning profit\"\". Look at the guys like Warren Buffett and Bill Gates (or Carnegie and Ford for that matters). They understand that you can't reconcile the two goals, so they donate for free what they earned for profit. If you want to make a social impact with your money, you can check the charity programs that have a confirmed record of a positive impact on people's lives. Non-profits that studied such programs publish their results extensively: AidGrade compiles this research and suggests direct donations to the programs that demonstrated best outcomes per dollar invested:\""}
{"_id": "106800", "title": "", "text": "That article misses the entire point of why (most) American's use credit cards: to spend money they don't have. All it spoke about was ease of use. If anything, you could change it to talk about *debit* cards and that might be true."}
{"_id": "106807", "title": "", "text": "The Home Mill is a family-owned company with a history dating back over 20 years. With firm roots in Manchester and run by people who really care about the local community and providing the people with the best possible service, we are steadily becoming a force to be reckoned with in home furniture for the region."}
{"_id": "106810", "title": "", "text": "\"J Gruber's consulting reports for the various states (Minnesota, Wisconsin, etc).  * http://www.washingtonpost.com/blogs/ezra-klein/post/jon-gruber-on-the-premiums-in-health-care-reform/2011/08/25/gIQAN0TUWS_blog.html  ...and the article it addresses (which included some numbers from the reports):  * http://dailycaller.com/2012/02/11/obamacare-architect-expect-steep-increase-in-health-care-premiums/  Note that Gruber has made a whole spectrum of claims (from initially claiming that premiums would go DOWN for a consulting agreement with the Obama administration, to later \"\"revisions\"\" showing significant increases {to varying degrees depending on the individuals specific demographic}), to wit:  &gt;Gruber\u2019s new reports are in direct contrast Obama\u2019s words \u2014 and with claims Gruber himself made in 2009. Then, the economics professor said that based on figures provided by the independent Congressional Budget Office, \u201c[health care] reform will significantly reduce, not increase, non-group premiums.\u201d  &gt;During his presentation to Wisconsin officials in August 2011, Gruber revealed that while about 57 percent of those who get their insurance through the individual market will benefit in one way or another from the law\u2019s subsides, an even larger majority of the individual market will end up paying drastically more overall.  &gt;\u201cAfter the application of tax subsidies, **59 percent of the individual market will experience an average premium increase of 31 percent,\u201d** Gruber reported.  &gt;The reason for this is that an estimated 40 percent of Wisconsin residents who are covered by individual market insurance don\u2019t meet the Affordable Care Act\u2019s minimum coverage requirements. Under the Affordable Care Act, they will be required to purchase more expensive plans.  &gt;Asked for his own explanation for the expected health-insurance rate hikes, Gruber told TheDC that his reports \u201creflect the high cost of folding state high risk pools into the [federal government's] exchange \u2014 without using the money the state was already spending to subsidize those high risk pools.\u201d  Note: Emphasis added.    Note 2: To begin with, an \"\"average\"\" increase of 31% qualifies as \"\"significant\"\" (hell, it's a lot more than merely \"\"significant\"\", that's a HUGE increase); and secondly, that is an AVERAGE, meaning that while some of the people in that \"\"59%\"\" will probably not see such a high increase, a fairly large segment {and per the provisions of the Act versus current premium calculation methods, we KNOW these will be \"\"young healthy singles\"\", and especially males} will face increases that are substantially HIGHER than 31%, and in fact will probably be in the nature of double or triple previous premiums {as would be required in order to meet another provision of the act, that highest premiums for older/sicker pool members cannot be higher than 3x that of the youngest/lowest tier premiums -- and if the company is to balance the books, it can only \"\"bring down\"\" the one end if it makes a compensating increase at the other end.})  None of that is \"\"rocket science\"\" and it is entirely predictable. (The only things that would be \"\"odd\"\" would be that anyone should expect anything different, and that Gruber's initial claims of across the board lower costs were ever accepted in the first place.)\""}
{"_id": "106817", "title": "", "text": "1.   It is difficult.  There is no formal process outside of undergrad and MBA programs to easily gain access to interviews.  At your level, its mostly about connections.  If willing to start near bottom, go to your business school and start applying to bank associate programs.  Sounds like you would like sales and trading more than M&amp;A, so focus there. 2.   If you got in at associate level, you would do 1-3 months of training and then get assigned a desk.  Finance going through a tough time right now, so trajectory isn't what it used to be.  Expect to be a VP after 2-4 years, then its all dependent on luck and skill. 3.   If you land a job at a top 15 bank, you should be making total comp of 150k or more after the first year.  Salaries not quite at 150k, but most VPS make over 150k salary, not to mention bigger bonus's.  4.   If you did M&amp;A you would be working very serious hours.  If you go into Sales and Trading your hours will be anywhere from 40 to 60 hours a week depending on the desk.  Trading hours tend to be the shortest. 5.  Boston isn't a hot bed for i-banking finance.  NYC, London, Sing, Hong Kong tend to be the places to be.  I know nobody in Boston that could help."}
{"_id": "106831", "title": "", "text": "Is it possible for the card issuing banks to check my score without my permission? As far as I understand these things, that is exactly the whole purpose of these sorts of credit-rating institutions. The banks and other financial businesses are their customers. They exist to serve those customers. Their relationship, if any, with a consumer is probably secondary to that. When you apply for credit, you give that business any permission needed."}
{"_id": "106832", "title": "", "text": "In a very similar situation as yours, I bought a used motorcycle for $3000. It was still reasonably new, very reliable, and with California weather, you can use it year-round. It reduced my time in traffic, and it had very low fuel and maintenance costs. The biggest expense was tires. The biggest pitfall in buying a motorcycle is auto-insurance. Do your research and ask for quotes from your broker before even considering a particular model of bike. When I decided that my finances justified a new motorcycle, I was surprised that full collision coverage cost about $3000/year on a lower powered bike that had a bad accident record because it appealed to new riders. I got a much more powerful bike that appealed to more experienced riders and the premium was only $500/year. Is this answer not what you were looking for? Spend as little as you can on a 4-6 year old car. Drive it until you can save enough cash to buy the one you really want. I'm currently driving a 2007 Corolla, and I'm waiting until I can get a new civic turbo with a manual transmission to replace it. (They currently only offer them with a CVT, but next fall they'll have them with the MT, so I'm probably 2 1/2 years out from buying one used.)"}
{"_id": "106836", "title": "", "text": "Bull. Facebook is exploding overseas, where local knockoff flavors of Facebook have long held dominance, as they improve their internationalization. Even in the US, kids aren't giving up Facebook for other sites, but instead tieing in other sites TO facebook - you can tweet straight from your news feed, you can share your tumblr posts with your friends through facebook. Pinterest doesn't have the same utility as Facebook, but instead only serves a small portion of the features to an even smaller portion of the Facebook user base. And foursquare? Completely different market, I don't know why the author failed to realize that a location sharing app is *completely* different than a social media site. Not only that, but kids will become mayor of a place on Foursquare only so as to brag about it on Facebook!  This article makes the grievous mistake of thinking that just because people visit other sites *besides* Facebook, that this is a sign of Facebook's imminent demise. This is such an overused news subject - the death of facebook, that it's becoming a major cliche. The fact of the matter is, Facebook was grossly over valued on the expectation that they'll continue their exponential growth pattern, but they won't. Facebook will continue to grow and dominate the market because they have the best and the brightest programmers and they really understand their market. Just don't expect them growing like they have in the past five years all over again."}
{"_id": "106863", "title": "", "text": "The main difference between a mutual fund and an ETF are how they are bought and sold (from the investors perspective). An ETF is transacted on the open market. This means you normally can't buy partial shares with your initial investment. Having to transact on the open market also means you pay a market price. The market price is always a little bit different from the Net Asset Value (NAV) of the fund. During market hours, the ETF will trade at a premium/discount to the NAV calculated on the previous day. Morningstar's fund analysis will show a graph of the premium/discount to NAV for an ETF. With a mutual fund on the other hand, your investment goes to a fund company, which then grants you shares while under the hood buying the underlying investments. You pay the NAV price and are allowed to buy partial shares. Usually an ETF has a lower expense ratio, but if that's equal and any initial fees/commissions are equal, I would prefer the mutual fund in order to buy partial shares (so your initial investment will be fully invested) and so you don't have to worry about paying premium to NAV"}
{"_id": "106864", "title": "", "text": "In my opinion the difference is semantic. A professional, or someone wanting to present an air of competence, is more likely to talk about investing in shares, as the word investment carries with it connotations of effort, energy and a worthwhile result. Whereas, the word speculation implies the hope of gain but with the risk of loss."}
{"_id": "106875", "title": "", "text": "Meh.  In n Out is cheap, and I know it has pop culture appeal, but their actual food is mediocre at best.  They don't even offer anything unique except very basic burgers with almost no toppings, limp fries, and artificial milkshakes."}
{"_id": "106878", "title": "", "text": "Yeah the percentage thing I was a bit unsure of and that totally makes sense. It is a fairly popular place and I would show you more about the company, but I want to stay on the safe side and not broadcast where it is, just in case someone would want to steal this opportunity from me, but anyways...  This company literally has no marketing or advertising and I feel like I could literally double their business with just a good amount of time marketing/advertising. I threw in the percentage idea because I know what I am capable of doing and how much money I could bring to the business. My strategy is to get a good, but fair cut of this deal.  Also to give you a idea how bad it is:  - No Facebook feed for 1 year - No website modification for 2.5 years - No other social media accounts - A 75,000 email list that has not been engaged in 13 months and so much more..."}
{"_id": "106913", "title": "", "text": "Sebenergy.it is one of the leading ecological multi-fuel boiler companies. Their innovative tecnologies can utilise the solar power  to produce clean and safe ecological multi-fuel boilers. They aim to work with products that safeguard the environment with low impact and high sustainability."}
{"_id": "106937", "title": "", "text": "Good read. Also... so true. I've been in this crypto thing since 2014, and it's all manipulation all the time. In both bull and bear markets.  Edit: Whoops, thought I was in r/ethtrader lol, guess I got something to crosspost over there now ;-P"}
{"_id": "106944", "title": "", "text": "In addition to those who are wealthy (not the same as high income), there are also a certain number of people whose professional livelihood is enhanced by projecting wealth/income they may or may not have. For example, some consultants, lawyers, financial advisors or other salespeople. The same is true of luxury homes for industries where entertaining clients and associates is expected. These people are essentially making an educated bet that the additional sales they expect to make will outweigh the additional expense of the luxury items, similar to purchasing advertising. But in many cases, people are either living beyond their current income, or living beyond their long-term income by failing to save for when they are too old/sick to work. Additionally, many car brands that we traditionally associate with luxury have created mid-priced lines in the $30-40K range recently, so it is possible that some of the cars you are seeing are not as expensive as you might expect."}
{"_id": "106956", "title": "", "text": "\"&gt; Also, Is it smart to get into about debt for an education as an architect from a private education?  No.  Many more people want to be architects than the market will support.  Some \"\"rock star\"\" architects make big money.  Many more work as junior draftsmen, making low wages while filling in detail on designs done by the rock stars.  A private school will cost too damn much.\""}
{"_id": "106960", "title": "", "text": "The big picture is terrible. It is beyond repair. If the FED wants to stand in front of the coming train, then goodbye to the FED. As Bernanke prints more money, credit will deflate even faster! Who would want to lend money to the US government and the US consumer who has already displayed inability to pay. Consumers consume, go into debt and go bankrupt. Only producers prosper. That is not us. Government intervention into free markets to save obsolete industries is delaying the recovery. Instead of getting further into debt, we need to re-align our economy to focus on what works. Our problem was debt to begin with and we are doing more of the same to fix the problem. It won't work. Kondratieff Winter has started!"}
{"_id": "106962", "title": "", "text": "\"I try to think of it as \"\"present money\"\" and \"\"future money.\"\"  Right now there's still plenty of present money(present wealth): crops are growing, there's plenty of rubber steel glass and such being processed, people still need toothpaste, etc.  Stocks go way up when there's expectations in the marketplace for **future** earnings and production (profit).  Debt is issued (read:money is created) when banks and lenders think production and profits will increase in the future.  That future profit is what pays for the debt being issued (money being created) in the present.  They essentially borrow from the future to create money today, in exchange for a chunk of the future profits.    Right now there's so much doom and gloom that everybody thinks future production and future profits will just not be there, so nobody lends, nobody invests, and no money is created, and thus \"\"money\"\" just kinda disappears.    At least that's how I think about it.  Present wealth vs expectations of future wealth.  I'm probably wrong though; this stuff gives me a headache.\""}
{"_id": "106981", "title": "", "text": "Banks that use this amazing ClearXChange service: BOA, Capitol One, Chase, 1st Bank, Frost, US Bank and Wells Fargo I have Wells Fargo. There is a tab for SurePay. I had an option to register my phone number and/or email for this service. I wasn't automatically setup."}
{"_id": "106990", "title": "", "text": "&gt;I couldn\u2019t know it then, but the outcome of that battle would influence the purchase decisions of many thousands, if not millions, of people seeking a good night\u2019s sleep. It would also reveal just how thoroughly the internet and the businesses that thrived there had blurred the lines between product reviews and advertisements. All I\u2019d wanted was a mattress, but what I got was a look at a little-known and hugely lucrative annex of e-commerce, one where the relationships can often get a little too comfy\u2014until they\u2019re not."}
{"_id": "106999", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://insideclimatenews.org/news/31052017/carbon-price-paris-climate-agreement-economists-stern-stiglitz) reduced by 89%. (I'm a bot) ***** &gt; Issued a report that puts a figure to the price on carbon needed to reduce emissions to rein in climate change and compensate for those external costs.  &gt; The report says, governments may need to pair a carbon price with other policies, such as efficiency standards, to lower emissions fast enough to keep global temperature rise well below 2 degrees Celsius, the goal of the Paris climate agreement.  &gt; Last year, Canadian Prime Minister Justin Trudeau announced plans to implement a national carbon price that he said would help the country meet its targets under the Paris accord.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6h5hz5/top_economists_40_carbon_price_needed_to_meet/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~143675 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **price**^#1 **carbon**^#2 **implement**^#3 **emissions**^#4 **year**^#5\""}
{"_id": "107011", "title": "", "text": "Look at my link. You are 100% correct, except for about four of the reviews. Those four each have someone with more than one friend and more than one review. Again, you could potentially (knowing the social graph) get a situation like this to occur with astroturfing, but it's far less likely.  That having been said, look at Monica A. Explain to me how she got filtered. She's the one gigantic red flag that shows that Yelp is intentionally stuffing this business.  I have a decent Yelp score (have a lot of reviews and friends) and have always wondered what would happen if I were to review this business. I won't, since I haven't used them, but I'd love to know whether my review would be Monica-ed."}
{"_id": "107018", "title": "", "text": "\"What a scumbag. This is the same guy who lied about being a Vietnam vet too, and is one of the biggest liars in Congress spreading the \"\"muh Russia\"\" conspiracy theory re: 2016 election. I wish I could say that I'm shocked that he would lash out at hardworking business owners like myself, but sadly I'm not.\""}
{"_id": "107045", "title": "", "text": "Rich's answer captures the basic essence of short selling with example. I'd like to add these additional points: You typically need a specially-privileged brokerage account to perform short selling.  If you didn't request short selling when you opened your account, odds are good you don't have it, and that's good because it's not something most people should ever consider doing.  Short selling is an advanced trading strategy.  Be sure you truly grok selling short before doing it. Consider that when buying stock (a.k.a. going long or taking a long position, in contrast to short) then your potential loss as a buyer is limited (i.e. stock goes to zero) and your potential gain unlimited (stock keeps going up, if you're lucky!)   Whereas, with short selling, it's reversed: Your loss can be unlimited (stock keeps going up, if you're unlucky!) and your potential gain is limited (i.e. stock goes to zero.)   The proceeds you receive from a short sale \u2013 and then some \u2013 need to stay in your account to offset the short position.  Brokers require this.  Typically, margin equivalent to 150% the market value of the shares sold short must be maintained in the account while the short position is open. The owner of the borrowed shares is still expecting his dividends, if any.  You are responsible for covering the cost of those dividends out of your own pocket.  To close or cover your short position, you initiate a buy to cover.  This is simply a buy order with the intention that it will close out your matching short position.   You may be forced to cover your short position before you want to and when it is to your disadvantage!  Even if you have sufficient margin available to cover your short, there are cases when lenders need their shares back.  If too many short sellers are forced to close out positions at the same time, they push up demand for the stock, increasing price and deepening their losses.  When this happens, it's called a short squeeze. In the eyes of the public who mostly go long buying stock, short sellers are often reviled. However, some people and many short sellers believe they are providing balance to the market and preventing it sometimes from getting ahead of itself. [Disambiguation: A short sale in the stock market is not related to the real estate concept of a short sale, which is when a property owner sells his property for less than he owes the bank.] Additional references:"}
{"_id": "107065", "title": "", "text": "Nobody would goto SeaWorld if they didn't have whale/dolphin shows.  That just the bottom line of reality, 90% of people goto sea world because their kids want to sit in splash zone and see whales and dolphins jump around.   If peoples kids don't want to goto SeaWorld anymore they can go out on a date or something instead with that money.   If they dropped the Orca shows, a bunch of hippie environmentalists that wouldn't be caught dead in a Sea Park would be really happy and keep not going to seaworld, while the thousands of children that basically keep their business afloat would rapidly loose interest and they would have to just become another SixFlags 2 hours away from a bigger, better six flags.  I don't like the Orca shows anymore than you do, but if 2 or 3 whales living in sub-optimal conditions helps keep marine science research and development afloat I think it's worth it even if their conditions where 5x shittier.    Seriously nobody cares about 100's of thousands of starving children or the million people kept in a shittier tank in Gaza, but some uncomfortable whales that almost single-handily keep funding up for projects that are saving millions of sea creatures are a huge deal.   Edit: Downvote me all you want, it doesn't make it less true that 90% of their visitors couldn't give a single fuck about Orca conditions..."}
{"_id": "107067", "title": "", "text": "I can see it doing well enough if they want to chase the NES Classic's success. I remember having a great time in 2004 with my family playing a little Atari plug and play controller bundled with a few hits."}
{"_id": "107068", "title": "", "text": "I'm also a UK, Ltd company contractor that has pondered the same topic. I afraid, however, that I don't understand the maths in the original question. Mortgage interest is flat for the term of the mortgage rather than compounded, so, ignoring the tapering at the end of the lifespan of the mortgage, I get the amount of interest to something like \u00a39,300 (7500 x 0.05 x 25). Does this make the decision any easier for you? As you point out, the total cost of this overpayment from your company account is \u00a312,500. Using the above figure, it would take over 13 years to recoup the \u00a35,000 difference (at \u00a3375 interest a year).  I used to be of the same opinion that the mortgage should be paid off at all costs first. But now I'm coming round to the American way of thinking; \u00a312,500 invested in a pension with a 5% yield will easily outstrip the interest saved by making the over payment - 12500 x 1.05 ^ 25 = \u00a343,300 - over 250% better off (\u00a343,300 / (\u00a39,300 + \u00a37,500)). I now make no mortgage overpayments at all and instead pay all the money into my pension. This (amongst other things) keeps me below the upper earnings tax threshold, so I'm only paying corporation tax for the money I'm drawing as dividends. There's a massive caveat to this though; I'm 49. I should be able to draw the tax free element of my pension pot in six years time and pay my mortgage off and it's quite unlikely that the government will be changing pensions policy in that time (but drawing 25% tax free has been a feature of pensions for quite some time). I can then chose to keep working or retire. If my pension is still doing well (9% ish pa at the moment), I could chose to not pay my mortgage off at all. In the next twenty or so years, however, all this could change. In your position I would do a bit of both. Make a regular overpayment to pay down your mortgage (even a small amount that you'll barely notice will make quite a difference to the end date of your mortgage - \u00a3100 a month will take years off). I didn't start paying properly into my pension until fairly recently and so If you're not already, I'd also make quite substantial, regular payments into one now, directly from your company, 15-17.5% of your gross drawings. Leaving it until later will only make it more painful. Then when you get to retirement age, no matter what, you'll have a decent pension pot. An actuary I worked with pointed out that if you pay something into a pension, when you retire you should have some sort of pot; if you pay nothing, you are absolutely guaranteed to have nothing. And finally, if you haven't already, fix your mortgage. We're three years into a five year fix. The variable rate we were going to be transferred to was 3.99%. We fixed, not because of wanting any sense of security, but because the fixed rate was 2.59% with no fee. There are much better rates than that about now. Rates are starting to rise, so it's a good time."}
{"_id": "107078", "title": "", "text": "I don't know about an actual example now, but in the past, India had restrictions on how much gold you could bring into the country from abroad, and there were heavy customs duties. Thus, gold smuggling was a huge business, because by avoiding the duties, people could stand to make a lot of money. At some point in 90s, India made changes in these laws so that smuggling was not as profitable."}
{"_id": "107080", "title": "", "text": "Article was about insurers not liking the uncertainty. Some insurers want Obamacare repealed, some of them want it to stay. But they all don't want to political climate of uncertainty. A situation where people wouldn't be mandated to buy insurance because they don't fear the IRS actually requiring them, but where the actual regulations haven't been changed yet is a nightmare for insurers."}
{"_id": "107082", "title": "", "text": "A good idea is try use your weekends to develop your business/plans at first. Most business startups don't boom overnight, it takes time to build.  Dont quit your job, that is revenue you can build your business with.  The most important thing is to have a sound business plan, not too ambitious, not too realistic."}
{"_id": "107092", "title": "", "text": "Your account entries are generally correct, but do note that the last transaction is a mixture of the balance sheet and income statement.  If Quickbooks doesn't do this automatically then the expense must be manually removed from the balance sheet. The expense should be recognized on the balance sheet and income statement when it accrues, and it accrues when the prepaid rent is extinguished when consumed by the landlord, so that is when the second entry in your question should be booked. The cash flow statement will reflect all of these cash transactions immediately."}
{"_id": "107097", "title": "", "text": "QE is artificial demand for bonds, but as always when there are more buyers than sellers the price of anything goes up. When QE ends the price of bonds will fall because everyone will know that the biggest buyer in the market is no longer there.  So price of bonds will fall. And therefore the interest rate on new bonds must increase to match the total return available to buyers in the secondary market."}
{"_id": "107099", "title": "", "text": "There were and are a ton of talented people. A lot of talented people have come and gone. But a ridiculous amounts of projects and partnerships were put forward throughout the 90s. They failed on a number of fronts. Talk to older guys, they saw everything coming, management just didn't agree from wayyyy back."}
{"_id": "107108", "title": "", "text": "I've heard this story over and over.  It's heartbreaking to hear of people (men and women) who slave to start a company, scrape together the wherewithal to take on 2 or 3 employees, back up the payroll from their own personal money when times are tough and then.. just get stabbed fully in the back by women who milk every last minute out of their entitlement before not coming back.  I know they aren't interested in the business and I accept that their first priority is the child.  But that doesn't make it any easier on the business owner.  Would you take on somebody if you seriously thought this was going to happen?  Would any small enterprise ever hire anyone?  Equality is a nice idea but it will stifle small and slow growing businesses to the point where the only way to get started will be to take a big loan.  And that is not in the interests of the economy at large.  There should be a second class of job, which you as a company have to fulfill certain requirements to offer.  Low turnover (not profit) for example, maybe under 5 employees too.  Basically, a company with little reserve with which to deal with an uncertain absence of a large percentage of its workforce.  This second class job should carry with it either a waiver on the sexism discrimination policy (although this is completely insane and unfair to women who aren't interested in babies), a waiver on the ability to dismiss people for falling pregnant (which we kind of have in the UK given that in theory there's no unfair dismissal if it's in the first two years, although woe betide anyone who tries this out and immediately hires a man) or - and here's a wacky fucking idea - *some kind of increased government support in the case of pregnancy*.  Stifling small companies by forcing them into penury just because someone wants to have a baby - arguably the most natural thing in the world - is in nobody's interests."}
{"_id": "107116", "title": "", "text": "\"Thanks for quoting the \"\"meat\"\" of the article (I agree with the GP, *I* didn't have the patience to make it to page 2), but this \"\"meat\"\" is still textured flavored soy protein...  &gt; Well, one of the reasons there's no place to invest the cash is that wages as a percentage of GDP have fallen by so much that workers can't afford to buy anything any more.  *What*???  This manages to be both circular *and* wrong on multiple levels!  \"\"Our workers can't afford our product so we can't spend all this cash rolling in on them\"\".  &gt; We kept profits to a minimum, because if we had high profits, we would have to pay high taxes. So at every opportunity, we bought another machine or we opened another plant or we hired more people, to try to build long term value through expansion because that was the way you avoided tax.  Ah, \"\"Daddy had the luxury of operating in a non-saturated market\"\".  Meanwhile, Google, Apple, and Microsoft piss away money as fast as they can on all sorts of basic research, and yet *still* have massive stockpiles.  But then, I think that touches on the *real* problem with Hanauer's point - It's just plain *false*.  We live in a world where the governments have become so dysfunctional that private industry is now funding things like space exploration, energy policy, education, transportation.\""}
{"_id": "107123", "title": "", "text": "tl;dr- libor plus a small (&lt;50bps) spread for S&amp;P500 exposure. larger spread for less liquid/ more esoteric index.   a swap is basically just outsourcing balance sheet to a dealer bank. the counterparty (dealer) is shorting you (the fund) the return of the index. to hedge their short, the dealer would borrow funds and buy the stocks in the index. large dealer banks can borrow at basically libor. they'll also expect compensation for the transaction costs of buying the hedge plus a profit on the (small amount) of capital they need to finance this transaction. this will vary based on the size of the portfolio.   s&amp;p500 costs maybe 5bps in transaction cost. an EM index costs maybe 50bps. so it will depend on the index.  profit to the dealer depends on supply/demand dynamics. sometimes this transaction will be in demand, sometimes the short side will be more valuable.   so it depends on the index you're talking about as well as market dynamics. right now for s&amp;p500 exposure, not more than libor plus 50 for a mid-sized fund."}
{"_id": "107136", "title": "", "text": "Look at your options with a 529 program. If the money is used for education expenses: that currently includes tuition, room & board (even if living off campus), books, transportation; it grows tax free. Earnings are not subject to federal tax and generally not subject to   state tax when used for the qualified education expenses of the   designated beneficiary, such as tuition, fees, books, as well as room   and board. Contributions to a 529 plan, however, are not deductible. If it is a 529 associated with your state you can also save on state taxes. You can make contributions on a regular basis, or ad hoc. Accounts can even be setup by other relatives. I have used a 529 to fund two kids education. It takes care of most of your education expenses.  529 programs are available from most states, and even some of the big mutual fund companies. Many have the option of shifting the risk level of the investments to be more conservative as the kids hit high school.  Some states have an option to have you pay  a large sum when the child is small to buy semesters of college. The deal is worth considering if you know they will be going to a state school, the deal is less good if they will go out of state or to a private college.  The IRS does limit the maximum amount that you can contribute in a year an amount that exceeds the 14,000 annual gift limit: If in 2014, you contributed more than $14,000 to a Qualified Tuition   Plan (QTP) on behalf of any one person, you may elect to treat up to   $70,000 of the contribution for that person as if you had made it   ratably over a 5-year period. The election allows you to apply the   annual exclusion to a portion of the contribution in each of the 5   years, beginning in 2014. You can make this election for as many   separate people as you made QTP contributions One option at the end is to take any extra money at graduation and give it to the child so that it can be used for graduate school, or if the taxes and penalties are paid it can be used for that first car. It can even be rolled over to another relative."}
{"_id": "107152", "title": "", "text": "From my experience and friends' experiences, I can say that there are advantages and disadvantages for paying off your mortgage quickly. Basically, it depends on these factors: the type of the mortgage, its interest rate, your financial stability, your skills in making investments and other outside factors, such as inflation, liquidity, oppurtunity cost, etc. Paying it off means you save on interest ratings, you decrease investment risks and your investment rates are taxable. Disadvantages are that you cannot use this money for investing, you cannot use this money for tax deductions and that in a state of inflation, not paying it off in advance could save you a lot of money.  However, I always recommend to read some more on websites that deal with mortgages, and speak with the mortgage expert in your bank.Just acquire enough information to make a good assessment. An interesting article on this topic - The Advantages and Disadvantages of Paying Off Your Mortgage"}
{"_id": "107155", "title": "", "text": "DeFuniak Springs Bradshaw`s Painting are very professional and efficient and did a great job making sure every detail of the paint job was done to our satisfaction. I would recommend them to anyone who needs some painting work done on their home or business."}
{"_id": "107158", "title": "", "text": "Sorry - maybe the reddit has gotten to me. /r/politics is like the Third International in its nonsensical raving about how awful business is.  I agree, I like cute little bookstores too, but to be honest, I actually buy more on Amazon..."}
{"_id": "107160", "title": "", "text": "\"In 2007, Samsung was accused, and their chairman implicated, in a bribery scandal involving US officials. They placed their lawyers in front of it as scapegoats.  But you go ahead and keep saying that bribery and dishonesty pay, and i'll just never do business with you.   In 2007, former Samsung chief lawyer Kim Yong Chul claimed that he was involved in bribing and fabricating evidence on behalf of the group's chairman Lee Kun-hee and the company. Kim said that Samsung lawyers trained executives to serve as scapegoats in a \"\"fabricated scenario\"\" to protect Lee, even though those executives were not involved. Kim also told the media that he was \"\"sidelined\"\" by Samsung after he refused to pay a $3.3 million bribe to the U.S. Federal District Court judge presiding over a case where two of their executives were found guilty on charges related to memory chip price fixing. Kim revealed that the company had raised a large amount of secret funds through bank accounts illegally opened under the names of up to 1,000 Samsung executives\u2014under his own name, four accounts were opened to manage 5 billion won.\""}
{"_id": "107199", "title": "", "text": "If you are thinking about shifting, then you should know that it can be stressful. We can be helpful for you. So, if you are looking for a smart and affordable packers and movers in Gurgaon then take our service. Here, we offer a packing service by using the advanced"}
{"_id": "107213", "title": "", "text": "\"The answer is \"\"Yes\"\", You can deduct them. As long as you showed that you put in effort to make a profit then you can deduct business expenses.\""}
{"_id": "107215", "title": "", "text": "According to this page on their website (http://www.kotaksecurities.com/internationaleq/homepage.htm), Kotak Securities is one big-name Indian broker that offers an international equities account to its Indian customers.  Presumably, they should be able to answer all your questions. Since this is a competitive market, one can assume that others like ICICI Direct must also be doing so."}
{"_id": "107218", "title": "", "text": "It is a bit more complicated than whether it pays more or less dividends. You should make your decision based on how well the company is performing both fundamentally and technically. Concentrating mainly on the fundamental performance for this question, most good and healthy companies make enough profits to both pay out dividends and invest back into the company to keep growing the company and profits. In fact a good indication of a well performing company is when their dividend per share and earnings per share are both growing each year and the dividends per share are less than the earnings per share (that way you know dividends are being paid out from new profits and not existing cash holdings). This information can give you an indication of both a stable and growing company. I would rather invest in a company that pays little or no dividends but is increasing profits and growing year after year than a company that pays higher dividends but its profits are decreasing year after year. How long will the company continue to pay dividends for, if it starts making less and less profits to pay them with? You should never invest in a company solely because they pay dividends, if you do you will end up losing money. It is no use making $1 in dividends if you lose $2+ because the share price drops. The annual returns from dividends are often between 1% and 6%, and, in some cases, up to 10%. However, annual returns from capital gains can be 20%, 50%, 100% or more for a stable and growing company."}
{"_id": "107224", "title": "", "text": "There's no reason for a chargeback, and you might get charged a fee for invalid chargeback or even sued by the insurance company. You need to always read the contract and see what the auto-renew policy is and what the local law on the issue is. It might be that you in fact approved that charge. In any case, since they agreed to refund, and within a reasonable period of time, your chargeback will be invalid. It is likely that by the time the chargeback is even processed by the bank, the refund will be there already."}
{"_id": "107227", "title": "", "text": "popularity that you are referring to is just known as liquidity when discussing markets. More liquid securities tend to trade more shares per day and have very tight bid/ask spreads as many investors are buying and selling the shares at one time.  Some larger securities, especially on exchanges, further enhance liquidity by providing market makers. These are individuals on the NYSE, for example, that will make the market in large securities by handling large orders and providing liquidity through their own book of capital. The individuals on the floor on the NYSE you often see on TV are those market makers. However, as trading becomes more electronic, market markers are becoming less and less required.  A previous comment suggested pink sheets are risky companies. This is not entirely factual. While the majority of pink sheets are very highly risky companies, many very solid international companies trade their ADRs (American Depository Receipt) on the pink sheets to avoid the high cost of setting up a large exchange at the NYSE and register and report through the SEC.  As a TD Ameritrade user, I would be willing to help you out if you have any other questions."}
{"_id": "107240", "title": "", "text": "This is true, but Netflix also pays about 20% over market rate (or so I've heard from people who've worked there).  The idea is that you go there, make good money, burn out, and leverage that into your next gig, of which you'll have ample choice.  That's the idea at least, not sure how it works out in practice."}
{"_id": "107309", "title": "", "text": "Rich people do have money just lying around.  Give a rich person money and it will, what?  Go into savings of some sort.  The wealthy ideally put their money into rent-creating things, which is awesome for them and less awesome for the rest of us, as it gives them money without producing anythig else for the rest of us.  The ultimate rentier is someone like Mitt Romney, that stripped corporations of their assets and stripped future pensioners of their pensions all to put money  in his and his investors' pockets.  All these cool bubbles, also driven by too large of pools of money lying around.  Currently, we're witnessing the popping of the latest oil bubble.  But, commodity speculation of all types has been something of a major problem lately because of exactly this.  Too much money in too few hands."}
{"_id": "107311", "title": "", "text": "I agree. I have acquaintances that have thrown away shipping containers of shirts for events that they ended up not getting the contract for and had to dispose of the merchandise for copyright issues. These events are often print first, decide legality or find a buyer second."}
{"_id": "107321", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-05-25/investors-say-it-s-time-to-price-climate-into-cities-bond-risks) reduced by 95%. (I'm a bot) ***** &gt; Municipal defaults are rare: Moody&amp;#039;s reports fewer than 100 defaults by municipal borrowers it rated between 1970 and 2014.  &gt; Kurt Forsgren, a managing director at S&amp;P, said its municipal ratings remain &amp;quot;Largely driven by financial performance.&amp;quot; He said the company was looking for ways to account for climate change in ratings, including through a city&amp;#039;s ability to access insurance.  &gt; Laskey, of Fitch, was skeptical that rating companies could or should account for climate risk in municipal ratings.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejcgp/rising_seas_may_wipe_out_these_jersey_towns_but/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133538 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **rated**^#1 **climate**^#2 **risk**^#3 **bond**^#4 **change**^#5\""}
{"_id": "107327", "title": "", "text": "Online payment service providers should allow you to agree to payments from customers and secure your company against scams. To fight against innovative scammers, you need to take additional safety measures in defending your business. Improving your payment security should be a concern to website associated with scams"}
{"_id": "107336", "title": "", "text": "You decide on a cost bases attribution yourself, per transaction (except for averaging for mutual funds, which if I remember correctly applies to all the positions). It is not a decision your broker makes. Broker only needs to know what you've decided to report it to the IRS on 1099, but if the broker reported wrong basis (because you didn't update your account settings properly, or for whatever else reason) you can always correct it on form 8949 (columns f/g)."}
{"_id": "107339", "title": "", "text": "The prices we pay for goods and services is set by our level of income because we have a huge choice of price levels from luxury to economy class and DIY. This was true of rent and mortgage payments before the real estate bubble. There is still some choice though from a tiny house or trailer to a mansion. None of these are one set demand decided by someone else as with land value tax. Many people like where they live and want to stay there. Those people create a cross generational community. Land and homes must be affordable and we should have as much freedom about what we do with our homes as possible."}
{"_id": "107342", "title": "", "text": "Totally agree but that's not the public perception.  Most people still think buying a Prius over a Fiesta is saving the world.  Again, my point that most people who buy these kinds of cars aren't doing it for the virtuous reasons."}
{"_id": "107348", "title": "", "text": "If you cut taxes on the 1% highest earners, that incentivizes everyone else to become high earners! Since all that's needed to enter the 1% is to become wildly successful upon the backs of others, we can expect that between 48 and 49% of the country to become 1% of the top earners with these and other incentives.  All people really needed was additional incentives to becoming rich beyond their wildest dreams!"}
{"_id": "107350", "title": "", "text": "The common opinion is an oversimplification at best. The problem with buying a house using cash is that it may leave you cash-poor, forcing you to take out a home equity loan at some point... which may be at a higher rate than the mortgage would have been. On the other hand, knowing that you have no obligation to a lender is quite nice, and many folks prefer eliminating that source of stress. IF you can get a mortgage at a sufficiently low rate, using it to leverage an investment is not a bad strategy. Average historical return on the stock market is around 8%, so any mortgage rate lower than that is a relatively good bet and a rate MUCH lower (as now) is that much better a bet. There is, of course, some risk involved and the obligation to make mortgage payments, and your actual return is reduced by what you're paying on the mortage... but it's still a pretty good deal. As far as investment vehicles: The same answers apply as always. You want a rate of return higher than what you're paying on the mortgage, preferably market rate of return or better. CDs won't do it, as you've found. You're going to have to increase the risk to increase the return. That does mean picking and maintaining a diversified balance of investments and investment types. Working with index funds makes diversifying within a type easy, but you're probably going to want both stocks and bonds, rebalancing between them when they drift too far from your desired mix.  My own investments are a specific mix with one each of bond fund, large cap fund, small cap fund, REIT, and international fund. Bonds are the biggest part of that, since they're lowest risk, but the others play a greater part in producing returns on the investments. The exact mix that would be optimal for you depends on your risk tolerance (I'm classified as a moderately aggressive investor), the time horizon you're looking at before you may be forced to pull money back out of the investments, and some matters of personal taste. I've been averaging about 10%, but I had the luxury of being able to ride out the depression and indeed invest during it. Against that, my mortgage is under 4% interest rate, and is for less than 80% of the purchase price so I didn't need to pay the surcharge for mortgage insurance. In fact, I borrowed only half the cost of the house and paid the rest in cash, specifically because leveraging does involve some risk and this was the level of risk I was comfortable with. I also set the duration of the loan so it will be paid off at about the same time I expect to retire. Again, that's very much a personal judgement. If you need specific advice, it's worth finding a financial counselor and having them help you run the numbers. Do NOT go with someone associated with an investment house; they're going to be biased toward whatever produces the most income for them. Select someone who is strictly an advisor; they may cost you a bit more but they're more likely to give you useful advice. Don't take my word for any of this. I know enough to know how little I know. But hopefully I've given you some insight into what the issues are and what questions you need to ask, and answer, before making your decisions."}
{"_id": "107365", "title": "", "text": "\"Ok, now if someone could explain to my why Argentina didn't do the following:  * Set out a schedule of payments for the 100% of the debt, and pay everybody (Mr. Singer included);  * When they hit the haircut % amount, declare \"\"default\"\".  The parties that had agreed to the haircut would be fine, as they had already agreed to the haircut.   Mr. Singer would be left out to dry for the rest of the money, due to the default.   It would technically count as a default, but only the vulture-funds would experience the actual default, and so the markets would see that haircuts for the majority actually apply for everybody, and henceforth encouraging all bond-holders to negotiate hair-cuts rather than encourage vultures to buy nonds for a nickle and demand the full dollar.\""}
{"_id": "107369", "title": "", "text": "Also mediocre selection of most products.  I for one, want high end items.  I go to Best Buy and always have to settle with high marked up middle of the road times (in most of my personal experiences).  There is great value in having local stock, but if I can wait 2 days for shipping, not have to travel 15+ miles to a Best Buy, I am happy to order online."}
{"_id": "107375", "title": "", "text": "Some of the farms have silos here as well, but as you say, the capital costs are prohibitive. Instead we tend to wrap it with plastics and let it lie on the field: http://www.flickr.com/photos/dkagedal/4949361930/ (the phenomena is popularily called 'tractor eggs'. I guess you can see why..). There is still a capital outlay but it is cheaper (at least in the short run) compared to silos.   However, I agree that there might not be much use doing it if the cows can feed themselves outdoors during most of the year."}
{"_id": "107377", "title": "", "text": "The answer to your question as asked is no.  Call options, even those issued by the company, cannot create new shares unless they are employee stock options. Company-issued warrants, on the other hand, can create new shares."}
{"_id": "107378", "title": "", "text": "The US only returned to recession post WW-II due to scaling back wartime activities. Basically the economy slumps when you stop building a million bombs. It was only on paper though; it wasn't perceived as a major recession by Americans alive at the time."}
{"_id": "107393", "title": "", "text": "\"LOL!!!!! Another made-up story. This was debunked many many times in the past.  Where are the pictures of Israel shooting rubber bullets at women and children? Where are the pictures of \"\"Palestinians\"\" who are dying from thirst and untreated diseases?  **BUT I MUST ADMIT, as you know very well, Israel and Jews use the blood of young children for their religious rituals. Many many people know that as absolute truth.**\""}
{"_id": "107398", "title": "", "text": "Do you plan a monthly budget at the beginning of each month?  This might seem counter-intuitive, but hear me out. Doing a budget is, of course, critically important for those who struggle with having enough money to last the month.  Having this written spending plan allows people struggling with finances to control their spending and funnel money into debt reduction or saving goals.  However, budgeting can also help those with the opposite problem. There are some, like you perhaps, that have enough income and live frugally enough that they don't have to budget.  Their money comes in, and they spend so little that the bank account grows automatically.  It sounds like a good problem to have, but your finances are still out of control, just in a different way.  Perhaps you are underspending simply because you don't know if you will have enough money to last or not. By making a spending plan, you set aside money each month for various categories in three broad areas: Since you have plenty of money coming in, generously fund these spending categories.  As long as you have money in the categories when you go to the store, you can feel comfortable splurging a little, because you know that your other categories are funded and the money is there to pay those other bills.  Create other categories, such as technology or home improvement, and when you need an app or have a home improvement project, you can confidently spend this money, as it has already been allocated for those purposes. If you are new to budgeting, software such as YNAB can make it much easier."}
{"_id": "107410", "title": "", "text": "I had a good half dozen of these with various amounts, none of them quite enough to make a purchase anywhere and, like you, I didn't want them to go to waste.  If there is at least $1 on the card, you can use it to buy Amazon eGift cards, which is what I did. It's not as nice having actual cash, but for me it was the next best thing. You can also use them to sign up for free trials for subscriptions. If you forget to cancel, then you're saving your normal credit card from being charged."}
{"_id": "107424", "title": "", "text": "The Barclay's 20+ Year Treasury Bond inception date was July 21, 2002. You aren't going to find treasury bond information going back to 1900 because Treasury Bills have only been issued since 1929. The U.S. Department of the Treasury will give you data back to 1990. There's a good article in the Globe and Mail which covers why you may want to buy bonds as part of your portfolio. The key is diversification. Historically, stocks have done better than bonds long-term, but when stocks fall, bonds tend to (though do not always) go up. If you are investing for 30 years, the risk of putting money into bonds is that you will not make as much money as if you had put the money into stocks. Historically (in the US or Canada), you'd have seen positive returns, just not as high as investing in the stock market. There are many investment strategies. I live in Canada and personally favour the one described in the Canadian Couch Potato, a passive index investment strategy where I invest my money in Canadian, U.S. and International equity (stock market mutual funds) and also in a Canadian bond fund. There are, of course, plenty of people who will tell you to take a radically different strategy with your investments."}
{"_id": "107462", "title": "", "text": "So, why or why should I not invest in the cheaper index fund? They are both same, one is not cheaper than other. You get something that is worth $1000.  To give a simple illustration; There is an item for $100, Vanguard creates 10 Units out of this so price per unit is $10. Schwab creates 25 units out of this, so the per unit price is $4. Now if you are looking at investing $20; with Vanguard you would get 2 units, with Schwab you would get 5 units. This does not mean one is cheaper than other. Both are at the same value of $20.   The Factors you need to consider are; Related question What differentiates index funds and ETFs?"}
{"_id": "107496", "title": "", "text": "Lets talk about price gouging. Laws intended to protect victims in a disaster, that actually serve to make it more difficult to service the needy.  Allowing producers to charge a higher price for items that are in high demand (Water, gas etc) sends signals to other producers that profits are available. This in turn gives them incentive  to make extraordinary efforts to service victims.  No one is going to drive 200 miles to sell water if the price is limited by law, there will be less water available for all.  If huge profits are available to those entrepreneurs who take the risk to help people, then more people will engage in the helping, and more resources will be available for all. The prices will eventually come down as supply is restored and as more competitors enter the area.  TL;DR - I would rather have expensive water in an emergency, than no water."}
{"_id": "107504", "title": "", "text": "Trick question dude. Can't be done. Sorry to tell you. I've been hit with this. Credit card companies do not make money on these customers. Why does Amex have an annual fee on all cards and an abnormally large transaction fee for merchants? Because they don't allow you to carry a balance (On traditional cards). Meaning they don't make money on interest, like the customers in question here."}
{"_id": "107519", "title": "", "text": "There are many reasons but perhaps the most telling is that these small foreign companies usually have not experienced diminishing marginal returns. This means they grow faster, which means higher returns for investment. However a lack of infrastructure, and of political and economic stability, make these investments risky!"}
{"_id": "107520", "title": "", "text": "Interesting. The answer can be as convoluted/complex as one wishes to make it, or back-of-envelope.  My claim is that if one starts at 21, and deposits 10% of their income each year, they will likely hit a good retirement nest egg. At an 8% return each year (Keep in mind, the last 40 years produced 10%, even with the lost decade) the 10% saver has just over 15X their final income as a retirement account. At 4% withdrawal, this replaces 60% of their income, with social security the rest, to get to nearly 100% or so replacement. Note - I wrote an article about Social Security Benefits, showing the benefit as a percent of final income. At $50K it's 42%, it's a higher replacement rate for lower income, but the replacement rate drops as income rises. So, the $5000 question. For an individual earning $50K or less, this amount is enough to fund their retirement. For those earning more, it will be one of the components, but not the full savings needed.  (By the way, a single person has a standard deduction and exemption totaling $10150 in 2014. I refer to this as the 'zero bracket.' The next $8800 is taxed at 10%. Why go 100% Roth and miss the opportunity to fund these low or no tax withdrawals?)"}
{"_id": "107536", "title": "", "text": "Supposedly this also means that I am free from having to pay   California corporate taxes? Not in the slightest. Since you (the corporate employee) reside in CA - the corporation is doing business in CA and is liable for CA taxes. Or, does this mean I am required to pay both CA taxes and Delaware   fees? (In this case, minimal, just a paid agent from incorporate.com) I believe DE actually does have corporate taxes, check it out. But the bottom line is yes, you're liable for both CA and DE costs of doing corporate business (income taxes, registered agents, CA corp fee, etc). Is there any benefit at all for me to be a Delaware C-Corp or should I   dissolve and start over. Or just re-incorporate as California LLC Unless you intend to go public anytime soon or raise money from VCs/investors - there's no benefit whatsoever in incorporating in DE. You should seek a legal advice with an attorney, of course, since benefits are legal issues (usually related to choosing jurisdiction for litigation etc). If you're a one-person freelancer, doing C-Corp was not the best decision as well. Tax-wise you'd be much better off with a S-Corp, or a LLC - both pass-through and have no (Federal) entity-level taxes. Corporate rates are generally higher than individual rates, and less deductions can be taken. In California, check with a CPA/EA licensed in the State, since both S-Corp and LLC would be taxed, and taxed differently."}
{"_id": "107542", "title": "", "text": "You just sound like a whiny little child screaming 'why do you like what I don't like!?'   I like physical books. One of the reasons for that is because I like putting them on a bookshelf and having a psychical collection. If you don't like that, I really don't give a flying fuck. You sit over there and play with your kindle and I'll sit over here and enjoy my shelves upon shelves of physical books. Neither of us is better than the other, we just *prefer different things*  You call me a pretentious douche but you're the person that comes off as one. Well done."}
{"_id": "107545", "title": "", "text": "&gt; I don't know what the BLS currently reports to be the Unemployment Rate including Discouraged Workers,  U4  The BLS tracks discouraged workers.  U3 is the traditional measure of unemployment, the headline number.  U4 counts discouraged workers.   You can find them, along with other measures of unemployment in [Table A-15. Alternative measures of labor underutilization](http://www.bls.gov/news.release/empsit.t15.htm).   [Adding Discouraged workers to the mix doesn't change the unemployment rate very much](http://research.stlouisfed.org/fred2/graph/?g=HAV)."}
{"_id": "107554", "title": "", "text": "\"First - yes, take the 2.5%. It could be better, but it's better than many get. Second - choosing from \"\"a bunch\"\" can be tough. Start by looking at the expenses for each. Read a bit of the description, if you can't tell your spouse what the fund's goal is, don't buy it.\""}
{"_id": "107562", "title": "", "text": "I'm a little confused on why this article is even on /r/business.     First off, this is a purely opinion piece from someone who seems to have only ever written opinion pieces.  Not to mention gives you a feeling that she's trying to tell her buddies in college how cool she is for being such a hipster.     Second, there's practically nothing that discusses the business of TJ's.  Yes, there's vague mention of it having a strong following and staff that knows the products, but that's about as much as is mentioned.          Seriously, this just seems more than a circlejerk article than anything.  Can we please keep these type of links out of /r/business?"}
{"_id": "107564", "title": "", "text": "I found some UK personal accounts offer up to 3% interest (no names here, but it is well known bank with red logo). You can take out directors loan from your company, put the cash into that personal account and earn interest. Just don't forget to return this loan before end of financial year, so this interest does not become your dividends."}
{"_id": "107569", "title": "", "text": "\"&gt;Chesnais declined to describe a lot of details about the console. But he said it is based on PC technology. He said Atari is still working on the design and will reveal it at a later date.  As someone who owned a Alienware Alpha \"\"Steambox\"\", I will say if Atari manages to create a low cost, PC based \"\"game console\"\" so people can play PC games in a home theater environment, and make it so simple it's just like using a PS4 or XBOX, then I think they stand a good chance at having something.\""}
{"_id": "107579", "title": "", "text": "You are correct. If you get married by December 31, you will file as married for this year (Married Filing Jointly or Married Filing Separately) instead of Single. That could indeed save you some amount of taxes, if your situation is as you described. Some people do plan their date of marriage in such a way to optimize tax savings. Whether your marriage date should be set in such a way is your personal decision."}
{"_id": "107584", "title": "", "text": "or just input it in my accounting software along with receipts, and   then when I'm doing taxes this would go under the investment or loses   (is it somewhere along that line)? Yes, this. Generally, for the long term you should have a separate bank account and charge card for your business. I started my business (LLC) by filing online, and paying a fee for a   registration, and that makes it a business cost right? Startup cost. There are special rules about this. Talk to your tax adviser. For the amounts in question you could probably expense it, but verify."}
{"_id": "107595", "title": "", "text": "\"Sales tactics for permanent insurance policies can get pretty sleazy. Sending home a flier from school is a way for an insurance salesperson to get his/her message out to 800 families without any effort at all, and very little advertising cost (just a ream of paper and some toner). The biggest catchphrases used are the \"\"just pennies per day\"\" and \"\"in case they get (some devastating medical condition) and become uninsurable.\"\" Sure, both are technically true, but are definitely used to trigger the grown ups' insecurities. Having said that (and having been in the financial business for a time, which included selling insurance policies), there is a place for insurance of children. A small amount can be used to offset the loss of income for the parents who may have to take extended time away from work to deal with the event of the loss of their child, and to deal with the costs of funeral and burial. Let's face it, the percentage of families who have a sufficiently large emergency fund is extremely small compared to the overall population. Personally, I have added a child rider to my own (term) insurance policies that covers any/all of my children. It does add some cost to my premiums, but it's a small cost on top of something that is already justifiably in place for myself. One other thing to be aware of: if you're in a group policy (any life insurance where you're automatically accepted without any underwriting process, like through a benefit at work, or some other club or association), the healthy members are subsidizing the unhealthy ones. If you're on the healthy side, you might consider foregoing that policy in favor of getting your own policy through an insurance company of your choice. If you're healthy, it will always be cheaper than the group coverage.\""}
{"_id": "107620", "title": "", "text": "Reddit has always had people paid to shill for nuclear, as did Slashdot before it. I rarely trust these threads to be genuine when there is a mad rush of seemingly well written pro-nuclear arguments instead of the usual mix of meme bullshit and irrational arguments and yelling. Something is just ALWAYS off about these threads."}
{"_id": "107640", "title": "", "text": "Vacuum pump oil has been a part of this machinery world since 1866 as a result of an accident while performing different experiments to get distilled kerosene. The minds behind the brilliant discovery were Hiram Bond Everest and Matthew Ewing of America. Later it became one of the most credible standard oils in the oil industry."}
{"_id": "107651", "title": "", "text": "\"Probably because so many of the BMW douchebase moved into Teslas. Around here you're more likely to get cut off by some douche in a Tesla than a BMW anymore. Seems like Tesla must have offered the battery saving \"\"blinkerless\"\" option too.\""}
{"_id": "107660", "title": "", "text": "As I've crunched numbers towards what my family could afford for a down payment (in an area with similar housing costs - don't you hate that high cost of living?), I've come up with the following numbers: We may be missing some area of expenses, but in general I think we are being fairly conservative.  You should consider making a similar list to determine your comfort level. Spend some time with an interest calculator to know the serious pain of each dollar you are paying interest on to a lender. Also know that the bigger your down payment, the more likely the seller is to accept your offer.  It shows you are serious."}
{"_id": "107673", "title": "", "text": "&gt; The main purpose of a corporation is to increase shareholders' wealth. Neither the workers, nor the CEO deserve anything from the profits, their pay has already been deducted as an expense.  This is the modern interpretation, yes. It is NOT the correct interpretation.  It used to be that the purpose of a corporation was to CREATE something - a product, a service...The profits were merely an incentive and a method to *continue* to create something. It is when that definition got corrupted that this whole mess started snowballing. Shareholders were supposed to be supporters of this creation - who were then rewarded for risking their money by having it repaid with a 'bonus' percentage of the profits.   Now that everything is ONLY 'for the profit' only, the creators (not the idea person - the actual, physical *creators* of the product or service) that started the whole thing in the first place are getting screwed. And, yes, they DO deserve some of the fruits of *their own* darn work.  Again, I reiterate: attitudes like that are why the economy is in the crapper. When you put profit before all else and run around screaming 'Mine! Mine! Mine!' about them, then you are engaging in the slash-and-burn policies that are the cause of the whole mess."}
{"_id": "107688", "title": "", "text": "Since you mention the religion restriction, you should probably look into the stock market or funds investing in it. Owning stock basically means you own a part of a company and benefit from any increase in value the company may have (and 'loose' on decreases, provided you sell your stock) and you also earn dividends over the company's profit. If you do your research properly and buy into stable companies you shouldn't need to bother about temporary market movements or crashes (do pay attention to deterioration on the businesses you own though). When buying stocks you should be aiming for the very long run. As mentioned by Victor, do your research, I recommend you start it by looking into 'value stocks' should you choose that path."}
{"_id": "107697", "title": "", "text": "The article John cites says no correlation, but this chart from the article says otherwise;  One sees the rate drop from 14% to 4% and housing rise from an index of 50 to near 190. (reaching over to my TI BA-35 calculator) I see that at 14%, $1000/mo will buy $84,400 worth of mortgage, but at 4%, it will buy $209,500. 2-1/2 times the borrowing power for the same payment. But wait, my friends at West Egg tell me that inflation means I can't compare $1000 in 1980 to the same $1000 in 2010. The $1,000 inflates to $2611 (i.e. an income rising only with inflation, no more) and that can fund a mortgage for $546,900. This is 6.5 times the original borrowing power, yet the housing index 'only' rose 3.8X. See that crazy chart? Housing actually got cheaper from 1980 to the peak. Statistics can say whatever you wish.  Interest rate change drove all the change in housing prices, but not quite as much as it should have.  To answer your question - I expect that when rates rise (and they will) housing prices will take a hit. In today's dollars, a current $1000 borrows (at 4%) nearly $210K, but at 6%, just $167K. If rates took a jump from these record lows, that's the nature of the risk you'd take."}
{"_id": "107699", "title": "", "text": "What if you felt you were cheated by the bank?  What if you had something terrible unexpected happen to you financially?  Also a loan is not a promise.  A loan is a contract.  The contract has outs for all parties.  I never understood why people felt a loan was a promise.  Many people were sold home mortgages that they did not understand.  Of course it is their fault for not understanding what they were getting into."}
{"_id": "107701", "title": "", "text": "\"The \"\"Home Affordable Refinance Program\"\" is finally able to help folks restructure and lower their monthly payments. Financially savvy homeowners are actively planning to accelerate their payments and shave years off the mortgage. Regardless of how the homeowner chooses to use the monthly savings, the reality is that every penny saved is definitely a penny earned.\""}
{"_id": "107709", "title": "", "text": "10 dollars at Taco Bell is basically unlimited food. You finish that crunch wrap and two tacos and remember you got a chicken chalupa, all while sipping on the Dew of Mountains.   Side note is that what Mt Dew supposed to taste like?"}
{"_id": "107727", "title": "", "text": "From the description, you have a post-1998 income contingent loan. The interest rate on those is currently 1.5% but it has varied quite a bit in the last few years due to the formula used to calculate it, which is either the inflation rate (RPI), or 1% + the highest base rate across a group of banks - whichever is smaller. This is indeed really cheap credit compared to any commercial loan you could get, though whether you should indeed just repay the minimum depends on making a proper comparison with the return on any spare money you could get after tax elsewhere. There is a table of previous interest rates. From your description I think you've had the loan for about 4 years - your final year of uni, one year of working without repayments and then two years of repayments. A very rough estimate is that you would have been charged about \u00a3300 of interest over that period. So there's still an apparent mismatch, though since both you and I made rough calculations it may be that a more precise check resolves it. But the other thing is that you should check what the date on the statement is. Once you start repaying, statements are sent for a period ending 5th April of each year. So you may well not be seeing the effect of several months of repayments since April on the statement. Finally, there's apparently an online facility you can use to get an up to date balance, though the administration of the loans repaid via PAYE is notoriously inefficient so there may well be a significant lag between a payment being made and it being reflected in your balance, though the effect should still be backdated to when you actually made it."}
{"_id": "107729", "title": "", "text": "\"In an \"\"efficient\"\" investment market the amount of risk premium would EXACTLY offset the likelihood of loss, such that over long time frames the expected return on investment would be equal for all investment options.  In practice, we usually see that riskier investments yield a higher long-term return because the risk premium is larger than that \"\"efficient\"\" amount. This is because many investors don't have a long-term time horizon, and the pain of loss is greater than the reward of gain (\"\"asymmetric preferences\"\"). It's also important to think about the risk-reward interaction as being PERCEIVED risk to EXPECTED reward.  If I'm lending money to somebody who is likely not to pay me back, I'd want a better deal than if I were lending to somebody who is certain to pay. I think that addresses your confusion, but if I misinterpreted what's puzzling you, please let me know and I\""}
{"_id": "107747", "title": "", "text": "Is it possible to open a GBP bank account in Pakistan ? Yes, I have one in HBL. Askari and SCB also offer GBP, USD, Yen and Euro Accounts. They might ask for source of income but that shouldn't be a problem. I work in Singapore (should my Salary Slip to open account) and do online remit from my Singapore Account to HBL GBP, the good thing is the exact amount in GBP gets transferred (although I have to tolerate SG Bank's exchange rates) Are there any risks in doing so ? No Risk but caution. If you are a Tax Filer in Pakistan, then you MUST include this account's balance in opening/closing and also mention any remitances receievd in this account under Income and Assets seperately. All money is legit with bank statements of my pay which is between 35K   and 40K per year, am I going to have any trouble at airport as limit   is \u00a37K only Cash carry limit while travelling has nothing to do with FC (Foreign Currency) Account. You should never travel with more than 10K USD in total."}
{"_id": "107751", "title": "", "text": "When the market moves significantly, you should rebalance your investments to maintain the diversification ratios you have selected. That means if bonds go up and stocks go down, you sell bonds and buy stocks (to some degree), and vice versa. Sell high to buy low, and remember that over the long run most things regress to the mean."}
{"_id": "107753", "title": "", "text": "I am suggesting that, on a macro level, a wage increase of 2% would offset a 1% increase in unemployment.   More spending power equals more demand, and more demand creates jobs. While hard in the short term, Bob's job will come back but with a higher wage.    If your goal is that no one lose their job, capitalism is not the economic system for you."}
{"_id": "107759", "title": "", "text": "\"Dude you're so full of shit. You're top post starts off with   \"\"Disclaimer: I am prepared to work my ass off and am glad I chose this career. I am not looking for a 3 day workweek.\"\"  If you're seriously making millions, you wouldn't be getting into medicine.   Stop lying on the internet.   Another of your gems.  \"\"The lifestyle being unemployed is fantastic! You don't even have to go into work!\"\"  While the rest of your post complain about how you can't pick your specialty or you just cant imagine working long hours.\""}
{"_id": "107763", "title": "", "text": "\"Another option is to set up an accoutn with Western Union Bill Payment Solutions, where your customer could go to one of their locations and pay in cash and then the cash is transferred to your account. See \"\"Walk in Cash Payments\"\" on their site.\""}
{"_id": "107771", "title": "", "text": "Section 8 housing, at least these days, is a scam meant to funnel poor and 'undesirables' into shitty areas and shitty housing away from the wealthy affluent areas that have decent jobs and services. Int he 70s people on assistance, which includes lots of minorities, were entering into middle-class or better white neighborhoods and making racists and classists angry. So then they decided people on section 8 were spending too much money on rent and instead moved them to cheaper section 8 housing blocks. Of course areas purposefully concentrated with people all on government assistance would never flourish economically, but it does make the surrounding land cheaper, thus you can build and cram even more section 8 people into that area and get paid by the government to do it.  Unsurprisingly, you don't have a flourishing economy in an area mainly composed of poor people with the cheapest and shittiest housing they can legally make. No businesses want to move there so crime rates go up and desirability keeps going down."}
{"_id": "107776", "title": "", "text": "It's as likely as seeing a Marvel Pixar movie, or Mickey Mouse on ESPN. The Walt Disney Company is very very big, composed of strong autonomous units. Asides from the occasional cross-promotion between ABC and ESPN for football and basketball games, there's very little crossover between each of it's respective parts. What's great about being owned by Disney is that you have enough money to do whatever you want."}
{"_id": "107780", "title": "", "text": "Investing is good. Insurance when you have something to insure is good. But using a single account for investing and insurance is not so good. You need to determine how much you need to invest for retirement. You also need to determine if you need life insurance. As a single person you might determine that you don't have a great need for life insurance. If you get married, or have kids, your needs may grow. So you will want to revisit your decisions every so often. You may need to save for retirement, or setup a college fund. You may need to protect your spouse or children in case you die. It doesn't seem to make sense to invest and insure in a plan with complicated rules, fees and schedules. What happens if in 3 years you need to blow it up and start over? What surrender charges will they hit you with?"}
{"_id": "107794", "title": "", "text": "If a business tool has a limited lifespan, it's value decreases (depreciates) from year to year. The business can capture that loss of value on some things that it couldn't otherwise write off as expenses. A few tools can be either expenses or depreciated, but only one of those can be chosen for that particular object. This is generally not relevant for individual taxpayers, unless you can show that the item is being used for income-producing purposes."}
{"_id": "107798", "title": "", "text": "'Free trade' has been, in my view, a complete disaster.  We keep being told about all the benefits- cheap garbage products- but a guy without a job doesn't really care how cheap goods are.    And rising wages over-seas?  Whenever a country attempts to raise wages the jobs shift to whatever country happens to have the cheapest labor.  It has always been a race to the bottom- a means for those with a lot to get more."}
{"_id": "107801", "title": "", "text": "\"A number of sites provide delayed option chains online. Yahoo Finance is one example:  I linked to Apple's chain, but to get one yourself, put the ticker you want in the search box, then click the \"\"options\"\" link in the sidebar that I called out in the image.\""}
{"_id": "107806", "title": "", "text": "\"A few comments here: 1) a degree from an Ivy League school is the most common \"\"golden ticket\"\" to an IB job. Ever wonder why kids with psychology degrees are working at GS or JPM investment banking?  2) short of an Ivy League degree, good (not even great) grades are a standard (think 3.3 GPA and above) and network like crazy.  3) have an uncle who works in IB (obviously you have a huge advantage here) and get an internship at his firm.  4) understand what entry level IB entails. Expect long hours (think 7am - 1am), dull work (putting together power point decks, running comp tables, formatting excel sheets), and high pay.  5) understand number 4.\""}
{"_id": "107817", "title": "", "text": "You should look into an LLC.  Its a fairly simple process, and the income simply flows through to your individual return.  It will allow you to deduct supplies and other expenses from that income.  It should also protect you if someone sues you for doing shoddy work (even if the work was fine), although you would need to consult a lawyer to be sure. For last year, it sounds like your taxes were done wrong.  There are very, very few ways that you can end up adding more income and earning less after taxes. I'm tempted to say none, but our tax laws are so complex that I'm sure you can do it somehow."}
{"_id": "107819", "title": "", "text": "Private investors as mutual funds are a minority of the market.  Institutional investors make up a substantial portion of the long term holdings.  These include pension funds, insurance companies, and even corporations managing their money, as well as individuals rich enough to actively manage their own investments.   From Business Insider, with some aggregation:   Numbers don't add to 100% because of rounding.  Also, I pulled insurance out of household because it's not household managed.  Another source is the Tax Policy Center, which shows that about 50% of corporate stock is owned by individuals (25%) and individually managed retirement accounts (25%).   Another issue is that household can be a bit confusing.  While some of these may be people choosing stocks and investing their money, this also includes Employee Stock Ownership Plans (ESOP) and company founders.  For example, Jeff Bezos owns about 17% of Amazon.com according to Wikipedia.  That would show up under household even though that is not an investment account.  Jeff Bezos is not going to sell his company and buy equity in an index fund.   Anyway, the most generous description puts individuals as controlling about half of all stocks.  Even if they switched all of that to index funds, the other half of stocks are still owned by others.  In particular, about 26% is owned by institutional investors that actively manage their portfolios.   In addition, day traders buy and sell stocks on a daily basis, not appearing in these numbers.  Both active institutional investors and day traders would hop on misvalued stocks, either shorting the overvalued or buying the undervalued.   It doesn't take that much of the market to control prices, so long as it is the active trading market.  The passive market doesn't make frequent trades.  They usually only need to buy or sell as money is invested or withdrawn.  So while they dominate the ownership stake numbers, they are much lower on the trading volume numbers.   TL;DR:  there is more than enough active investment by organizations or individuals who would not switch to index funds to offset those that do.  Unless that changes, this is not a big issue."}
{"_id": "107822", "title": "", "text": "No. Such companies don't exist. Derivative instruments have evolved over a period and there is a market place, stock exchange with members / broker with obligations etc clearly laid out and enforceable. If I understand correctly say the house is at 300 K. You would like a option to sell it to someone for 300 K after 6 months. Lets say you are ready to pay a premium of 10K for this option. After 6 months, if the market price is 400 K you would not exercise the option and if the market price of your house is 200 K you would exercise the option and ask the option writer to buy your house for 300 K. There are quite a few challenges, i.e. who will moderate this transaction. How do we arrive that house is valued at 300K. There could be actions taken by you to damage the property and hence its reduction in value, etc. i.e. A stock exchange like market place for house is not there and it may or may not develop in future."}
{"_id": "107833", "title": "", "text": "It sounds like you're mixing a simple checkbook register with double-entry bookkeeping. Do you need a double-entry level of rigor? Otherwise, why not have two columns, one for income (like a paycheck) and one for expenses (like paying a cable bill)?  Then add up both columns and then take the difference of the sums to get your increase or decrease for the time period. If you want to break up income and expenses further, then you can do that too."}
{"_id": "107841", "title": "", "text": "Other people lie to the companies about how many miles they drive, so they can't take the mileage figures literally.   You aren't specifying whether you want liability only, or more-comprehensive insurance.  Stuff happens when you aren't driving.  Cars get stolen.  Other drivers hit parked cars and leave.  Trees fall on parked cars.   Move to Virginia where insurance is not required.   Just pay $500 a year for not having insurance, and be careful."}
{"_id": "107842", "title": "", "text": "Also, how much did Microsoft pay out in dividends during that time? (Another theoretical consideration would be how much other capital they issued, but I don't think they have)  Edit: if you guys are talking about share price during Ballmer's tenure as a metric of performance then you have to consider total return to shareholders. Failure to do so is simply a wrong approach"}
{"_id": "107849", "title": "", "text": "Don't even remind me of poor CS.  My mom was on the phone for 5 hours yesterday 5 HOURS with Expidia because they messed up on their end. They offered my mom $25 credit but they never emailed it.  After the 5 hours they said that they had no record of the calls and we had to call the air plane company ourselves.  I am never using them again"}
{"_id": "107857", "title": "", "text": "Theaters make pennies off the tickets if any money at all. Their profits come from the concession stand. If a theater priced their popcorn 50 cents less than a nearby competing theater the few if any customers that notice and seek those small savings would be far less than the losses due to charging less. They compete to get you there: providing better sound systems, seating, screens -- even taking a loss on tickets with special deals (like Tuesday bargains). Once inside profit is made by customers willing to pay the concession price premium, and sour patch kids for 15 cents more isn't going to be a deal breaker."}
{"_id": "107865", "title": "", "text": "According to LegalZoom:  If your debtor is unwilling to pay and you know they have the means,   it's time to use your local sheriff. You have three options to   collect: a bank levy, wage garnishment, or a real estate lien. It sounds like you'll need to reach out to your local police/sheriff's department and they can further help you out and get you your money."}
{"_id": "107869", "title": "", "text": "I commented about oil in response to u/timothyblomfield. I know way more about oil than any other commodities.   But steel is another heavily scrutinized commodity. All the talk of China importing illegal steel, people losing steel jobs, etc. Commodities become important like this when international politics become involved."}
{"_id": "107883", "title": "", "text": "\"Bieber has some very smart managers that work for him that use his social status, fan base, and money to invest in growing tech companies looking for the next \"\"Google.\"\" These managers label his image on these companies and the fan base follows, thus gaining them a profit without having to work too hard to gain customers since Bieber's tweets alone are enough for advertisement.\""}
{"_id": "107884", "title": "", "text": "It really varies based on the stock (volatility is the main determining factor), and whether you are talking about temporary or permanent price impact,  how long you are trading, etc. The below paper fits a functional form to a set of Citigroup data and estimates for a 10% dtv trade in a large cap like IBM the price would move on the order of 30bps. Presumably smallcaps would be more expensive. Their estimate seems a bit low to me but I'm more familiar with futures, so maybe it's not unreasonable  https://www.google.com/url?sa=t&amp;source=web&amp;rct=j&amp;ei=JjDsU_L-CI33yQSh4oKQDA&amp;url=http://www.math.nyu.edu/~almgren/papers/costestim.pdf&amp;cd=3&amp;ved=0CCQQFjAC&amp;usg=AFQjCNGN6LmPb9sHR5dljcJJ2rV4bNE4Jg&amp;sig2=WYhcCUFr8WcRfetA24wXLg"}
{"_id": "107887", "title": "", "text": "\"the easiest thing would be to go to walmart and stock up on 1000$ money orders paying a 70 cents fee for each. your landlord would almost certainly accept money orders, but double check first just in case. i say stock up because you can't get a money order for more than 1000$ and they usually won't let you buy more than 3 per day. alternatively, you can probably open a bank account using your ssn and your passport.  look for any bank offering \"\"free\"\" checking, and they should be able to give you a few \"\"starter\"\" checks on the spot when you open the account. in any case, they can certainly get you a cashier's check for free or a small fee.  side note: if you want to shop around for a checking account, look for a bank or credit union offering a \"\"kasasa\"\" account.\""}
{"_id": "107891", "title": "", "text": "\"&gt; I answered all of those questions with specifics.   No you did not answer, and no \"\"specifics\"\" from you.  So again:  &gt; Please spoil it for me and tell me how removing illegal aliens does not help the economy.  &gt; Please tell me how NAFTA helped the USA economy.  &gt; Please tell me how TPP will help the USA economy.  &gt; **Please tell me why the stock market is going up, if Trump is ruining the economy.**\""}
{"_id": "107898", "title": "", "text": "\"a link to this article grabbed my Interest as I was browsing the site for something totally unrelated to finance.  Your question is not silly - I'm not a financial expert, but I've been in your situation several times with Carmax Auto Finance (CAF) in particular. A lot of people probably thought you don't understand how financing works - but your Car Loan set up is EXACTLY how CAF Financing works, which I've used several times. Just some background info to anyone else reading this - unlike most other Simple Interest Car Financing, with CAF, they calculate per-diem based on your principal balance, and recalculate it every time you make a payment, regardless of when your actual due date was.  But here's what makes CAF financing particularly fair - when you do make a payment, your per-diem since your last payment accrued X dollars, and that's your interest portion that is subtracted first from your payment (and obviously per-diem goes down faster the more you pay in a payment), and then EVerything else, including Any extra payments you make - goes to Principal. You do not have to specify that the extra payment(S) are principal only. If your payment amount per month is $500 and you give them 11 payments of $500 - the first $500 will have a small portion go to interest accrued since the last payment - depending on the per-diem that was recalculated, and then EVERYTHING ELSE goes to principal and STILL PUSHES YOUR NEXT DUE DATE (I prefer to break up extra payments as precisely the amount due per month, so that my intention is clear - pay the extra as a payment for the next month, and the one after that, etc, and keep pushing my next due date). That last point of pushing your next due date is the key  - not all car financing companies do that. A lot of them will let you pay to principal yes, but you're still due next month. With CAF, you can have your cake, and eat it too. I worked for them in College - I know their financing system in and out, and I've always financed with them for that very reason.  So, back to the question - should you keep the loan alive, albeit for a small amount. My unprofessional answer is yes! Car loans are very powerful in your credit report because they are installment accounts (same as Mortgages, and other accounts that you pay down to 0 and the loan is closed). Credit cards, are revolving accounts, and don't offer as much bang for your money - unless you are savvy in manipulating your card balances - take it up one month, take it down to 0 the next month, etc. I play those games a lot - but I always find mortgage and auto loans make the best impact.  I do exactly what you do myself - I pay off the car down to about $500 (I actually make several small payments each equal to the agreed upon Monthly payment because their system automatically treats that as a payment for the next month due, and the one after that, etc - on top of paying it all to principal as I mentioned).  DO NOT leave a dollar, as another reader mentioned - they have a \"\"good will\"\" threshold, I can't remember how much - probably $50, for which they will consider the account paid off, and close it out. So, if your concern is throwing away free money but you still want the account alive, your \"\"sweet spot\"\" where you can be sure the loan is not closed, is probably around $100.  BUT....something else important to consider if you decide to go with that strategy of keeping the account alive (which I recommend). In my case, CAF will adjust down your next payment due, if it's less than the principal left. SO, let's say your regular payment is $400 and you only leave a $100, your next payment due is $100 (and it will go up a few cents each month because of the small per-diem), and that is exactly what CAF will report to the credit bureaus as your monthly obligation - which sucks because now your awesome car payment history looks like you've only been paying $100 every month - so, leave something close to one month's payment (yes, the interest accrued will be higher - but I'm not a penny-pincher when the reward is worth it - if you left $400 for 1.5 years at 10% APR - that equates to about $50 interest for that entire time - well worth it in my books. Sorry for rambling a lot, I suck myself into these debates all the time :)\""}
{"_id": "107900", "title": "", "text": "This is probably more of an /r/AskReddit than a /r/finance question, but whatever.   From the title I was going to tell you to start working on your resume- if a company is having trouble paying wages it is not a good sign. But the text makes it sound like the company's financial health is fine and the HR department is just totally incompetent. Go back to them with a smile on your face and just be polite but persistent until they fix the problem. Ask nicely and they may be able to cut you a check on the spot or pay you out of petty cash.   People screw up repeatedly and it sucks. When your coworkers screw up your priorities should be fixing the problem but also embarrassing them as little as possible in the process."}
{"_id": "107924", "title": "", "text": "From India Tax Point of view, your parents can Gift you the money. There is no tax due to this in India for your parents or for you. Transferring the funds out of India is also possible.  Under the Liberalized Remittance Scheme by RBI, one can transfer upto 200,000 USD. Please check with your Bank for the exact paperwork.  Typically PAN and a CA certificate mentioning the relevant clauses and certifying the purpose is required.  Bank may have some more paperwork on its own."}
{"_id": "107934", "title": "", "text": "No, it would not show up on the income statement as it isn't income. It would show up in the cash flow statement as a result of financing activities."}
{"_id": "107963", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.aier.org/blog/social-security-cost-living-adjustment-likely-largest-2011) reduced by 81%. (I'm a bot) ***** &gt; With inflation ticking upward in 2017, retirees are likely to see the largest cost-of-living adjustment in their Social Security benefits since 2011.  &gt; Our forecasted increase for the cost-of-living adjustment would add between $23 and $29 to the average Social Security beneficiary&amp;#039;s monthly check, higher than any adjustment since 2011 but still below the average annual adjustment since 2011 of 2.3 percent.  &gt; The Social Security Administration calculates the cost-of-living adjustment using the Consumer Price Index for Urban Wage Earners and Clerical Workers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/75k0hx/social_security_cost_of_living_adjustment_likely/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~225800 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **adjustment**^#1 **percent**^#2 **year**^#3 **CPI-W**^#4 **average**^#5\""}
{"_id": "107980", "title": "", "text": "\"Have you tried registering for social housing?  Rent prices through social housing are typically cheaper than on the free market.  You might be able to jump to the front of the waiting list due to your wife's unexpected handicap.  See this link: http://www.rijksoverheid.nl/onderwerpen/huurwoning/sociale-huurwoning-huren To more directly answer your question: I don't think there is any limitation on how your family needs to get the money to lend it to you.  They could lookinto a personal loan (persoonlijke lening), but they might not be able to borrow enough.  The Netherlands does not have a direct equivalent of a Home Equity Line of Credit (HELOC), but your family could potentially get a second mortgage (tweede hypotheek) on their house in order to get the money to lend you. However, be aware that this is a very risky endeavor.  There are lots of unknowns that could leave you unable to pay or your family unable to pay.  Receiving the money as a gift with the intention to repay it but no formal agreement in place may also leave you and your family in a difficult position.  I would encourage you to visit a mortgage advisor together to discuss scenarios. Note that one possible option you may want to explore is a \"\"family mortgage\"\" (familiehypotheek).  This is just a fancy way of saying that your family can act as (one of) your mortgage lenders.  You and your family must comply with all relevant rules and regulations to do this, including them charging you interest and them reporting certain things to the tax authorities.  Vereniging Eigen Huis has details on how to set such a mortgage up and how to manage the required reporting: https://www.eigenhuis.nl/webwinkel/hypotheekservice/familiehypotheek/\""}
{"_id": "108001", "title": "", "text": "It used to be quite easy for students to get credit cards. When I was in college in the early 1980s, credit card companies set up tables in the student center and offered low-limit cards along with free t-shirts on an almost daily schedule. The Credit CARD Act of 2009 made this much more difficult for banks. If you have a bank or credit union account, the first thing I would do is talk to them about getting a card. Some banks offer a VISA Student Card specifically for college students. My daughter was able to get one when she turned 18, just before starting college. The credit limit is very low ($200 for freshmen, increasing each year until the limit is $500 during senior year). After graduation, it converts to a regular VISA account with a limit that depends on post-graduation income and the now established 4 years of credit history. The VISA web site has a list of banks offering this type of card. Now I will give you the same unsolicited advice I gave my daughter, and the same advice I think most others here would give you. For building credit, this kind of card is excellent, but you should still use it very sparingly, and pay off the balance every month. Make it a hard rule to never pay interest on a credit card bill. I told her to charge perhaps one or two purchases totaling no more than $25-$50 each month, and pay them off as soon as the statement arrives. This is much easier if you have a deposit account at the same bank, since you will be able to pay the bill instantly on line. Have your employer direct deposit your paychecks into that bank account, if at all possible."}
{"_id": "108012", "title": "", "text": "Etiquette doesn't really come into the picture here. The business offers a service and I choose to accept it. Personally, I use my debit card as much as possible. For every transaction, I record it in my checkbook. Then, when I do reconciling, I know exactly how much I paid for various categories of stuff. Good for budgeting. Most often my purchases are over $10 but when they aren't, I have no qualms about using the card."}
{"_id": "108024", "title": "", "text": "Where I live, the delivery people are so bad they just leave super expensive packages on the stoop/porch. It is very risky to have anything of value ordered to an address in my neighborhood.  Amazon Key solves that problem, and probably has enough insurance if anything goes wrong. What is your issue with it?"}
{"_id": "108039", "title": "", "text": "Without knowing the specifics it is hard to give you a specific answer, but most likely the answer is no. If they limit the participation in the site to accredited investors, this is probably not something they are doing willingly, but rather imposed by regulators. Acredited investors have access to instruments that don't have the same level of regulatory protection & scrutiny as those offered to the general public, and are defined under Regulation D.  Examples of such securities are 144A Shares, or hedgefunds."}
{"_id": "108040", "title": "", "text": "In my mind its not the same.   If growth is stock value then this is incorrect because of compound interest in stock price. $100 stock price after one year would be $105 and a dividend would be $2 Next year the stock would be  $110.20 (Compound Interest) and would the Dividend really go up in lock step with the stock price? Well probably not, but if it did then maybe you could call it the same. Even if the dollars are the same the growth rate is more variable than the dividends so its valuable to segregate the two. I am open to criticism, my answer is based on my personal experience and would love to hear contrary positions on this."}
{"_id": "108052", "title": "", "text": "Have you tried others on Wikipedia's list?"}
{"_id": "108059", "title": "", "text": "There is no more US supplier for most industrial commodity and consumer goods.  for eg. I want to see how pentagon buys printer and printer's ink.  Or imagine price of computer if pentagon has to buy every component american. (eg. there is no more US screen maker.)  essentially, Pentagon will have to go back to 80's technology."}
{"_id": "108062", "title": "", "text": "It depends on the finances involved, but particularly if you're not billing anything right now and may have no revenue this year, it's probably a good idea to bill his company. This is in part because some deductions or other tax treatments are only allowed if you have revenue and/or income.  The biggest example I can think of is the Solo 401k - you can only contribute up to your self employed income.  If you're planning to contribute to one (and you should, they're amazingly powerful tools for saving for retirement and for reducing your tax burden), you will have to have some revenue in order to have something to pay yourself with. I don't believe you have to charge him, though, if it makes more tax sense not to (for example, if his business is operating at a loss and cannot benefit from expensing it, but you'd then have to pay taxes on your own income from it)."}
{"_id": "108081", "title": "", "text": "I don't think the location of the funds is any of your concern. You're buying a CDI, which is: Australian financial instruments The US has no jurisdiction over you, being you an Australian, so unless you own a US-based asset (i.e.: a real-estate in the US, or a US brokerage account), US tax laws shouldn't matter to you."}
{"_id": "108087", "title": "", "text": "They make money off you by increasing the spread you buy and sell your stocks through them.  So for example, if the normal spread for a stock was $10.00 for a buy and $10.02 for a sell, they might have a spread of $9.98 for the buy and $10.02 for the sell. So for an order of 1000 shares (approx. $10000) they would make $0.02 per share which would equal $20.00."}
{"_id": "108090", "title": "", "text": "He's comfortably middle class, but not wealthy. The Tesla was purchased in a multi-owner shared arrangement, and the solar panels were installed by a company that supplies the capital for the panels with a long-term agreement to supply power to the homeowner and takes care of the more complex business agreements to feed back power to the grid. The situation on paper looks like  a long term break even - but we'll have to see.  Overall, even if he's paying a bit more in electric cost, the arrangement gives a lot of stability in exchange.  To me it's clear that going electric car + renewable electric is a long-term good on the principle of becoming nationally independent from geopolitical enganglements, but also more towards becoming individually independent in terms of being isolated from instability in gas prices, utility prices, and even in times of natural disaster."}
{"_id": "108115", "title": "", "text": "\"Their definition of a brand \"\"disappearing\"\" is extremely weak.  It just has to meet one of these criteria:  * a rapid fall-off in sales and steep losses; * disclosures by the parent of the brand that it might go out of business; * rapidly rising costs that are extremely unlikely to be recouped through higher prices; * companies that are sold; * companies that go into bankruptcy; * companies that have lost the great majority of their customers; or * operations with rapidly withering market share.  By that definition a brand like MySpace has \"\"disappeared\"\" in each of the last four years.  In fact, they just put Myspace on their list last year and marked it as one of the companies they correctly predicted because it was sold.\""}
{"_id": "108132", "title": "", "text": "\"I doubt it's a scam. It would be extremely difficult (if not impossible) to pay someone money using PayPal and end up getting more than you paid back. PayPal doesn't have the concept of \"\"pulling\"\" money without the owner of the account signing up for a subscription. Otherwise the owner must \"\"push\"\" the payment to the recipient. So, it is very likely that someone simply mistyped an email address which happens to be an alias of yours (since the periods are optional in gmail addresses). As for what to do, I think you've already done the right thing by contacting both PayPal and the sender.\""}
{"_id": "108148", "title": "", "text": "\"Keep in mind this is an opinion piece. The Foreign Sovereign Immunities Act (FSIA) would have indemnified Argentina from virtually all of these suits. FISA lets sovereigns opt out of its protections, which Argentina did. Argentina waived immunity from suit in New York state or federal court and its immunity from the attachment of its assets within the US to satisfy a judgement.   In this particular case, it also agreed this issuance of debt would \"\"rank *pari passu* [with its other debt obligations] and ***without any preference among themselves***\"\" (emphasis added) (1994 Bondholder Agreement). This is the clause the court used when deciding whether Argentina could pay some bondholders and not others. It is fairly unambiguous that bondholders are all on equal footing. It also added that these debt obligations would rank at least equally with Argentina's other unsecured debt.   This was not a coincidence. By issuing in New York and subjecting itself to New York/US law, Argentina was able to obtain a *much* more favorable borrowing rate. Argentina was the drafter of the debt agreement where it promised to treat all borrowers the same, and it was the party who waived its immunities inherent under US law. It benefited greatly from the substantially lower borrowing costs it enjoyed by doing so.   Because Argentina waived its sovereign immunities, the court looked to the language in the contract. It states the debt will all be treated the same, and will be subject to NY/US law. It is hard to say it is \"\"unfair\"\" for a New York court to enforce a contract Argentina wrote and then subjected itself to New York jurisdiction/law.   NOTE: Three US government agencies sided with Argentina (Justice, State, Treasury), claiming FSIA should at least partially apply regardless of waiver. They made mostly policy arguments about how sovereigns should enjoy at least partial immunity. Argentina's debt contract was very liberal with its waiver of sovereign immunity, so it is not surprising the court looked to the actual contract when deciding what rights bondholders have.\""}
{"_id": "108167", "title": "", "text": "\"This reminds me of what Digg did when they tried to force ads on to users and displaced part of the social aspect of Digg.  The users left in droves.  I'm sure they were thinking \"\"surely all these eyeballs must be worth a fortune!\"\"  They in fact were not.  Social websites will likely never be big business.  As soon as they try to fully monetize it all falls apart.  They all think they can get the same ARPU as Google.  They can't.  There is one Google.  There is only one company that arrived first at the full-scale realization that during a search is the best possible time to place an ad.  When the primary interaction sought is social then every ad simply gets in the way.  And that friction builds as the company tries harder and harder to inject the ads between the user and the social.  Having said that, Facebook can do fine.  They will likely make enough money to keep the servers running.  They'll just likely never see Google level ARPU.\""}
{"_id": "108168", "title": "", "text": "Let me start out by saying I know your pain. One of the most important things to do is have the basics in stock in your larder. They are the sorts of things that keep well, and you can make great simple meals from them whenever, without having to worry about them going off in a matter of days.  A simple inventory like this - http://www.thesimpledollar.com/2006/12/06/the-well-stocked-kitchen-staple-foods-you-should-always-have-on-hand/ - can make a big difference. (This list is good, but check the comments for additional suggestions. There are a few extras that commenters reckon you should have and I think they are right - I certainly have more than just what's on that list.) And remember - frozen veg may or may not be as nutritious as fresh, but they are better than nothing."}
{"_id": "108173", "title": "", "text": "Sure. But this wasn't the big secret you think. What's happening now is a result of (finally) a tougher line on corruption in Brazil. Remember Brazil is a country about 50 years behind the most developed countries in the world; the countries with the lowest corruption rates."}
{"_id": "108176", "title": "", "text": "\"&gt; A better solution would be in invest in education and training so that you reduce the number of unskilled, low wage workers  When everybody's \"\"skilled\"\", the bar for skilled workers go up.  Used to be if you have a college degree you're set for a good job after graduation.  Now everybody and their grandma has college degrees and they're just starting to find out that a large portion of those are essentially worthless when it comes to getting them well-paying jobs.\""}
{"_id": "108182", "title": "", "text": "Bleh, most designers overwork what is a simple task.  Wordpress, a theme and some tweaking cost almost nothing.  I worked at a design shop they would charge a few grand a few landing pages that didn't convert.  They were nice quality, clean code but were crap for interacting with a customer."}
{"_id": "108187", "title": "", "text": "\"&gt;All you have to do is survey the main cast of characters in finance and politics to assess the generational culpability. Dimon, Blankfein, Geithner - all Gen X.   **Ummm, excuse me?  But you're so full of SHIT it's coming out your ears.**  [Baby Boom: ~1946.. ~1964](http://en.wikipedia.org/wiki/Baby_boom_in_the_United_States#Definition_of_the_boom_years)  [Generation X: ~1964/65..~1982](http://en.wikipedia.org/wiki/Generation_X#Date_range)  **And as to your specific \"\"cast of characters\"\":**  * [Jamie Dimon, born **1956**](http://en.wikipedia.org/wiki/Jamie_Dimon) -- BOOMER.  * [Lloyd Blankfein, born **1954**](http://en.wikipedia.org/wiki/Lloyd_Blankfein) -- BOOMER  * [Timothy Geithner, born **1961**](http://en.wikipedia.org/wiki/Timothy_Geithner) -- BOOMER  Shall we go on?  * [Bill Clinton, born **1946**](http://en.wikipedia.org/wiki/William_Jefferson_%22Bill%22_Clinton) -- BOOMER  * [George W. Bush, born **1946**](http://en.wikipedia.org/wiki/George_w_bush) -- BOOMER  * [Barack Obama, born **1961**](http://en.wikipedia.org/wiki/Barack_Obama) -- BOOMER  and of course...  * [Ben Bernanke, born **1953**](http://en.wikipedia.org/wiki/Ben_Bernanke) -- BOOMER  Heck, let's even throw in...  * [Paul Krugman, born **1953**](http://en.wikipedia.org/wiki/Paul_Krugman) -- BOOMER  * [Larry Summers, born **1954**](http://en.wikipedia.org/wiki/Larry_Summers) -- BOOMER  ...and the list goes ON and ON (and the culprits are ALL Baby Boomers).   ---  You're right... Gen X wasn't \"\"raped\"\" -- Gen X was \"\"molested and abused in every way possible\"\" by it's older Baby Boomer  siblings (who were EVER only concerned with \"\"getting off\"\" themselves -- hence they appropriately were called the \"\"me, Me, ME\"\" generation their entire live).  And of course, nothing in that generation has changed -- they are STILL in charge, and are now \"\"molesting and abusing\"\" the NEXT generations -- their own children &amp; grandchildren in Gen Y (and the still literal children of Gen Z, many of whom have yet to even be born).\""}
{"_id": "108189", "title": "", "text": "\"&gt;eroding the 40-hour work week  Ha.  Ha.  Ha.  I made a Reddit post about the transformation from 9-5 into 9-6 once, and the responses basically indicate that the 40-hour work-week has been thoroughly eroded and mostly eliminated for a while.  Nowadays, either you \"\"get\"\" 32 hours/week at the low end so your employer can avoid giving you benefits, or you work more than 40 hours/week.  We need labor unions back.\""}
{"_id": "108191", "title": "", "text": "\"I appreciate your perspective, but I think it's fairly obvious that the \"\"made with 100% chicken\"\" thing is intended to hornswaggle, in some small way, consumers who aren't carefully evaluating food labels. There ain't no such thing as a crazy 50% chicken/turkey hybrid bird that could have contributed its meat to your chicken nuggets. If a thing is made with any chicken at all, then at some level it is \"\"made with 100% chicken.\"\" Clearly we know the food manufacturer would prefer to say \"\"made with 100% chicken\"\" rather than \"\"made with chicken\"\" because while both are legal and both completely technically accurate, the former is the one that is used. The fact that they want to use it means that they are probably hoping people misinterpret the 100% to mean something it doesn't, because the 100% actually stands for nothing. The alternative to 100% is a logical impossibility.\""}
{"_id": "108207", "title": "", "text": "f you want to start any web design franchise, your search ends with the eMerchant. You only have to get the clients from your region and the expert service will be provided by us. You will always get our sales and marketing support. You can make an adept use of our brand name to extend your franchise business."}
{"_id": "108230", "title": "", "text": "This was my exact thought when I first heard. It just sounds like inflation to me &amp; I don't understand the logic. If everyone on average gets say...a ~3% boost on their score, why wouldn't banks just adjust their standards by 3%?"}
{"_id": "108233", "title": "", "text": "Yes. However, I have little experience with that either, I have never finished anything of note. I know that I would be steamrolled by even writers of fanfiction. I compare my pretensions to a professional writer to that of a teen in his bedroom becoming a successful rockstar."}
{"_id": "108245", "title": "", "text": "I saw lots of them out in NM a handful of years back.  They looked great on paper, but I'm not sure they'd really hold up.  Especially in some areas with more extreme weather.  Plus, I'm a pig and like my electricity."}
{"_id": "108273", "title": "", "text": "You must be rich. My condo was $98K. I paid about $2200 in mortgage interest last year. I opted to take the standard deduction instead. I make $80K a year and I cant even benefit from this deduction. It is really frustrating. I'm 30 with no kids and unmarried because I can't afford anything. Maybe when I'm 40 I can think about starting a family. If I'm lucky."}
{"_id": "108276", "title": "", "text": "You would be surprised at how little coordination there is in some large companies.  I remember when the Walmart store that I used to work at sent a company in to install these new electric hand dryers in the restrooms.  Then, two weeks later, they started a complete remodel on the restrooms, ripping out the hand dryers that had just been installed.  Clearly, someone knew that hand dryers were going to be installed, and someone knew that the restrooms were going to be renovated.  But I imagine that the two parties never spoke to each other."}
{"_id": "108283", "title": "", "text": "Depends.  New York offices likely Target ivy league, but I was in the Midwest and not Chicago, so they were more focused on the prestigious schools in their market.  The higher name the firm, and the more desirable the location, the more likely they target who you mention.  For the remaining firms, they most often have relationships with local programs that they use to recruit and hire.  How those relationships build can be name recognition like the ivy leagues, or on other factors"}
{"_id": "108302", "title": "", "text": "\"I think you're thinking that \"\"in debt\"\" doesn't just mean \"\"owes a debt\"\" but somehow means \"\"owes more debt in total than the assets\"\". That condition, owing money without offsetting assets, is \"\"having a negative net worth\"\". If you have a mortgage then you have a debt and you are in debt. You may have a positive net worth, if you have equity in the house and your car and such like, and have cash in the bank. You may have a negative net worth if you owe more than you own. But either way you are technically in debt. Knowing that, it's not surprising that 75% of Americans are in debt. It's surprising that 25% are not. They have no credit card, no car loan, no mortgage, no line of credit, no student loans. Is it because they've paid all that off? Or because they are deadly poor and own nothing and can't be lent anything? You can't just say it's bad to have debt. It's bad to have too much debt, to have a negative net worth, to be in the habit of borrowing to finance a lifestyle you can't actually afford, and so on. But it's perfectly normal to have a debt or two. That's how our system mostly works.\""}
{"_id": "108304", "title": "", "text": "Kids Electric Car is a leading supplier and exporter of ride on cars for children with a wide range of kid\u2019s electric ride-on toy cars with 4v, 6v, 12v and 24v electric cars. We have been supplying high quality, durable and latest model licensed ride on car for kids since 2005. Our aim is to provide wholesalers with safe and long-lasting cars for children to enjoy. http://www.rideoncar.cn/products/ride-on-cars"}
{"_id": "108330", "title": "", "text": "I get paid a 50 cents more at my second job than my day job, and at the end of the week my take home pay from the latter is $20 higher. Thats a bullshit argument. $5 per hour is a lot of money, especially considering that a lot of people have been living paycheck to paycheck throughout Obamas never ending recovery.  What makes a postman's hours $5 more valuable than a FedEx employee? By every measure, FedEx is a more productive and efficient entity than the US Postal Service. So why is the postman worth more? I'll tell you exactly why.  The FedEx employee's compensation is needs based. FedEx does a certain amount of business, which requires a certain amount of labor, which commands a certain price in the labor market. FedEx does not pay more for labor than it has to, because FedEx must be an efficient organization to meet its customers price expectations.  https://en.m.wikipedia.org/wiki/United_States_Postal_Service  The Postman's compensation is arbitrary, set by government officials with no direct accountability to customers. Because they know jack shit about logistics, Congress has mandated that the Postal Service offer services to the public at uniform price and quality. As such, it has continuously failed to manage its budget properly, to the tune of $5 to $10 billion dollar deficiets every year with a total mail volume that has declined 29% between 1998 and 2008.  Why does the Postal Service exist? Because it makes your congressman feel good, and he's more than willing to burn your money on the pyre of his sentimentality and false morilization over the massive, arbitrarily created vested interest postal employees have in losing their above average pay hack jobs than for any dedication you percieve he has to the welfare of his constituents.  If you want me to run down why I believe our government is not acting in our own personal best interests, the postal service is the perfect place to start."}
{"_id": "108331", "title": "", "text": "\"I am but one man but here's my \"\"use-case\"\":  I setup my Alexa Dot in the kitchen/living room area and use it most for:  - Asking it to play whatever I feel like listening to without fumbling over my phone with chicken hands - Asking it to set a variety of timers for whatever might be baking/cooking etc. - Keeping track of my grocery list as I inevitably run out of something mid-meal prep. - I often ask it do do simple math I can't be bothered with, or unit conversions   Of course, there are most certainly other solutions to this but it just seemed like a simple one to some of my \"\"problems\"\". It's a nicety, of course not a necessity... I just like it.  *Disclaimer* I'm extremely lazy and MOST of the time if I have to pause what I'm doing/drop what I'm holding, to reach for my cellphone or a paper list, I just wont.  But like you said, to each their own!\""}
{"_id": "108359", "title": "", "text": "For the variegated requirements of our respected clients, we are engaged in providing Domestic RO Membrane in India that comprises several thin layers or sheets of film that are bonded together and rolled in a spiral configuration around a plastic tube. Our offered products are utilized in RO systems to remove dust particles and other impurities from water. Domestic RO Membrane in India Our entire range of Domestic RO Membrane is precisely designed in accordance with market norms. Along with that, these are highly acknowledged in the market for its perfect design, hassle free performance, less maintenance and durability."}
{"_id": "108362", "title": "", "text": "&gt; CO2 emissions have very little to do with temperature increases. Ocean acidification is bogus.  Wow, I don't think I've seen anyone abandon their argument under serious challenge and present a new position either so quickly or blatantly."}
{"_id": "108373", "title": "", "text": "Money aside, if there is career growth I say yes.   I moved out to Maryland years ago for my first job as well, some of the suburbs are pretty nice.  Learn how to cook the basics. That is where you will save money."}
{"_id": "108383", "title": "", "text": "You can limit the value of your checking account tied to paypal by not putting money in that account. In fact, you should always limit the balance in your checking account to what you plan to spend, plus a reasonable buffer. Anything you have above and being that should be in separate accounts (both to minimize exposure as well as maximize your interest earned)."}
{"_id": "108390", "title": "", "text": "There were several incidences of cash shortages in the Danish system recently. On particular saturdays when the streets were bloated with shoppers, you could see the queues for the ATMs stretching for 40-50 yards, and people shaking their heads about why their cards didnt work in the shops.  They have a separate national system to visa called Dankort which everyone is very proud of. But it is curiously prone to failures from time to time. Large cash transactions (over 10,000 DKK) are monitored and questioned verbally when withdrawn or deposited in banks. Interesting also how Danish banks are the most heavily leveraged in Europe..."}
{"_id": "108391", "title": "", "text": "And on the last sentence, it doesn't matter when or where the money was earned (money is fungible, so there's generally not even any way to tell), but you do have to have sufficient earned income (that's basically money you earn from working, not from dividends and interest or selling stock and the like) in the contribution year to cover the IRA contribution."}
{"_id": "108399", "title": "", "text": "Some highly pessimistic things worth noting to go alongside all the stability and tax break upside that homes generally provide: Negative equity is no joke and basically the only thing that bankrupts the middle classes consistently en masse. The UK is at the end of a huge housing bull run where rents are extremely cheap relative to buying (often in the 1% range within the M25), Brexit is looming and interest rates could well sky rocket with inflation. Borrowing ~500k to buy a highly illiquid asset you might have to fire sale in case of emergency/job loss etc for 300k in a few years when lots of (relatively) cheap rental housing is available to rent risk free, could be argued to be a highly lopsided and dangerous bet vs the alternatives. Locking in 'preferential' mortgage rates can be a huge trap: low interest rates generally increase asset values. If/when they rise, assets fall in value as the demand shrinks, making you highly exposed to huge losses if you need to sell before it is paid off. In the case of housing this can be exceptionally vicious as the liquidity dramatically dries up during falls, meaning fire sales become much more severe than they are for more liquid assets like stock.  Weirdly and unlike most products, people tend to buy the very best house they can get leverage for, rather than work out what they need/want and finding the best value equivalent. If a bank will lend you \u00a320 a day to buy lunch, and you can just afford to pay it, do you hunt out the very best \u00a320 lunch you can every day, or do you make some solid compromises so you can save money for other things etc? You seem to be hunting very close to the absolute peak amount you can spend on these numbers. Related to above, at that level of mortgage/salary you have very little margin for error if either of you lose jobs etc.  Houses are much more expensive to maintain/trade than most people think. You spend ~2-5% every time you buy and sell, and you can easily spend 2-20k+ a year depending what happens just keeping the thing watertight, paid for, liveable and staying up. You need to factor this in and be pessimistic when you do.  Most people don't factor in these costs to the apparent 'index' rise in house values and what they expect to sell for in x years. In reality no buy and hold investor can ever realise even close to the quoted house price returns as they are basically stocks you have to pay 5% each time you buy or sell and then 1-20% percent a year to own - they have to rise dramatically over time for you to even break even after all the costs.  In general you should buy homes to make memories, not money, and to buy them at prices that don't cause you sleepless nights in case of disasters."}
{"_id": "108403", "title": "", "text": "The details of the DJIA methodology is outlined in the official methodology document on their website.  In addition, you will need their index mathematics document, which gives the nitty-gritty details of any type of adjustments that must be made. Between the two you should have the complete picture in as fine a detail as you want, including exactly what is done in response to various corporate actions like splits and structural changes."}
{"_id": "108423", "title": "", "text": "Nope. Both the Nexus 4 and the Motorola Moto E do not have a consumer replaceable battery, unfortunately. While this did concern me in regard to my Nexus 4, obviously it wasn't an issue as my stupid butter fingers rendered the phone inoperable before battery life was reduced to a point where I needed to replace it. With the Moto E, since it was only $129 I suppose I don't mind that I'll most likely just replace the phone after several years regardless of the battery."}
{"_id": "108433", "title": "", "text": "While it may not be your preferred outcome, and doesn't eliminate the income, in the event you find yourself in the path described here you have a way to defer gains to the future. but I would then want to buy another house as a rental If you sell this house and buy another investment property (within strict time windows: 45 days to written contract and closed in 180 days),  you can transfer your basis and defer your gains via what is called a 1031 like-kind exchange"}
{"_id": "108434", "title": "", "text": "&gt; So, why are you against Trump?  I've answered almost all your questions up until this point.  How about you answer my two?  1) [Did President Trump say he thought Medicare Part-D should use its market share to negotiate drug prices, enter a room with executives from the pharmaceutical industry, and then come out saying he now opposed Medicare doing so](http://www.chicagotribune.com/business/ct-trump-drug-costs-20170202-story.html)?  Yes or no?  2) Has President Trump created, championed, or even backed any policy that would require the United States to take active steps to prepare for the upcoming problems caused by global warming?  Yes or no?"}
{"_id": "108459", "title": "", "text": "The cost of the popcorn is simply the hidden extension of the price the consumer pays for the movie ticket. Similar to the tips in the restaurant. And movie theaters do not compete by lowering the unit price. Instead to maintain the revenue per customer they try to offer more value - bigger screen, better sound, more comfortable seats, etc. That is why the price of the popcorn just like the price of the ticket itself does not go down in the competitive market."}
{"_id": "108461", "title": "", "text": "Your best bet would be to find an independent Property and Casualty Insurance agent and buy through him/her. Insurance agents make a commission, yes - BUT - the cost to consumer is THE SAME whether you buy through an agent or through directly through the company. Any P&C agent would be happy to run your numbers for you and tell you what the cheapest deal is. Just make sure you find someone who writes for several different large insurers. Obviously, some P&C Insurance agents are slick salesy types, which can get annoying, but if you find someone nice, he or she can help you out at no cost to you (they are paid by the insurance company they place the business with). If you are straightforward with the agent about exactly what your needs, they can get you quotes quickly and save you a lot of time and hassle."}
{"_id": "108469", "title": "", "text": "Well, China *will* slow at some point.  Even if it's still growing briskly (4-5%) that drop will shrink global demand for resources.  But $30-40/bbl?  I don't know about that.  I think there's an implied floor to prices now, thanks to some of the places we're getting oil from.  It's simply too expensive.  I know that the oil sands here in Canada are uneconomical below ~$60/bbl.  Such low prices, then, would squeeze supply.  I could see us riding $70-90/bbl for a few years though."}
{"_id": "108486", "title": "", "text": "\"Note: I am making a USA-assumption here; keep in mind this answer doesn't necessarily apply to all countries (or even states in the USA).  You asked two questions: I'm looking to buy a property. I do not want to take a risk on this   property. Its sole purpose is to provide me with a place to live. How   would I go about hedging against increasing interest rates, to counter   the increasing mortgage costs? To counter increasing interest rates, obtaining a fixed interest rate on a mortgage is the answer, if that's available.  As far as costs for a mortgage, that depends, as mortgages are tied to the value of the property/home.  If you want a place to live, a piece of property, and want to hedge against possible rising interest rates, a fixed mortgage would work for these goals. Ideally I'd like to not lose money on my property, seeing as I will be   borrowing 95% of the property's value. So, I'd like to hedge against   interest rates and falling property prices in order to have a risk   neutral position on my property. Now we have a different issue.  For instance, if someone had opened a fixed mortgage on a home for $500,000, and the housing value plummeted 50% (or more), the person may still have a fixed interest rate protecting the person from higher rates, but that doesn't protect the property value.  In addition to that, if the person needed to move for a job, that person would face a difficult choice: move and sell at a loss, or move and rent and face some complications. Renting is generally a good idea for people who (1) have not determined if they'll be in an area for more than 5-10 years, (2) want the flexibility to move if their living costs rises (which may be an issue if they lose wages), (3) don't want to pay property taxes (varies by state), homeowner's insurance, or maintenance costs, (4) enjoy regular negotiation (something which renters can do before re-signing a lease or looking for a new place to live).  Again, other conditions can apply to people who favor renting, such as someone might enjoy living in one room out of a house rather than a full apartment or a person who likes a \"\"change of scenes\"\" and moves from one apartment to another for a fresh perspective, but these are smaller exceptions. But with renting, you have nothing to re-sell and no financial asset so far as a property is concerned (thus why some real estate agents refer to it as \"\"throwing away money\"\" which isn't necessarily true, but one should be aware that the money they invest in renting doesn't go into an asset that can be re-sold).\""}
{"_id": "108511", "title": "", "text": "\"The usual rule of thumb is that you should start considering refinance when you can lower the effective interest rate by 1% or more. If you're now paying 4.7% this would mean you should be looking for loans at 3.7% or better to find something that's really worth considering. One exception is if the bank is willing to do an \"\"in-place refinance\"\", with no closing costs and no points. Sometimes banks will offer this as a way of retaining customers who would otherwise be tempted to refinance elsewhere. You should still shop around before accepting this kind of offer, to make sure it really is your best option. Most banks offer calculators on their websites that will let you compare your current mortgage to a hypothetical new one. Feed the numbers in, and it can tell you what the difference in payment size will be, how long you need to keep the house before the savings have paid for the closing costs, and what the actual savings will be if you sell the house in any given year (or total savings if you don't sell until after the mortgage is paid off). Remember that In addition to closing costs there are amortization effects. In the early stages of a standard mortgage your money is mostly paying interest; the amount paying down the principal increases over the life of the loan. That's another of the reasons you need to run the calculator; refinancing resets that clock.\""}
{"_id": "108514", "title": "", "text": "Before we were married my wife financed a car at a terrible rate. I think it was around 20%. When trying to refinance it the remaining loan was much larger than the value of the car, so no one was interested in refinancing. I was able to do a balance transfer to a credit card around 10%. This did take on a bit of risk, which almost came up when the car was totaled in an accident. Fortunately the remaining balance was now less than the value of the car, otherwise I would have been stuck with a credit card payment and no vehicle."}
{"_id": "108519", "title": "", "text": "Can you isolate the market impact to just the Fed's quantitative easing?  Can you rule out the future economic predictions of low growth and that there are reasons why the Fed has kept rates low and is trying its best to stimulate the economy?  Just something to consider here. The key is to understand what is the greater picture here as well as the question of which stock market index are you looking at that has done so badly.  Some stocks may be down and others may be up so it isn't necessarily bad for all equally."}
{"_id": "108546", "title": "", "text": "\"If I had to guess (since you provided little information about your loan repayment), I'd guess that you're on the \"\"Extended\"\" repayment plan for your $72k loan, and the \"\"Standard\"\" plan for your $30k loan. In general, there are 4 main kinds of student loan repayment plans This holds true for federal loans (Direct/Stafford/PLUS). Private loans may not have all of these options, or they may have more. Running your numbers, I get 300 payments of $500/mo at 6.8% interest for a $72,000 loan, and 120 payments of $345/mo at 6.8% interest for a $30,000 loan. Now, to address your issue of interest vs principal, you should notice that each month you pay, the interest payment is slightly lower, and the principal slightly higher. And if you make bi-weekly payments, you'll see that change a LITTLE bit more quickly (slightly smaller balance accruing interest for 14 days of the month) and you'll also pay slightly less over time.\""}
{"_id": "108555", "title": "", "text": "but we were in middle of bashing them... you cant come in here and say they were just cleaning up house.  Dont you know the ratings agencies in concert with all of american's poor encourages them to buy too much house via the CRA, that forced banks to rate mortgage backed securities as triple AAA.  Sorry for that rant but a lot of the same people in here bitching about the rating industry will claim the markets didnt have anything to do with the recession it was all the government and the poor."}
{"_id": "108560", "title": "", "text": "If a high mileage car has been thoroughly maintained with a credible service history, there is no reason to discard the vehicle because of a hypothetical future expense.  Considering the low value of the vehicle, it would be prudent to also lower the cost of the repairs.  U.S. car dealerships have a well-known reputation for charging significantly higher repair rates than independent repair shops. Lower the cost of the repairs: brakes can be done at independent shops for half what the dealer quoted.  Sears can install a set of 4 tires on an '04 Accord for $331 out the door.  It makes no financial sense to purchase costly repairs for a low-cost automobile when economical alternatives are available."}
{"_id": "108564", "title": "", "text": "I don't see how this is an example of throwing more money at the problem.  I see this as an issue of taking for-profit health insurance providers out of the equation, and making the U.S. government (i.e. the taxpayer) the sole payer for health care services in the United States.  Just like almost every other developed nation does it."}
{"_id": "108575", "title": "", "text": "Saw a user in another thread that thought his wealthy grandparents stayed rich because they didn't eat out a lot and kept a budget for basic expenses.  It definitely wasn't their generational wealth and vast real estate holdings."}
{"_id": "108579", "title": "", "text": "\"Although is not online, I use a standalone version from http://jstock.sourceforge.net It got drag-n-drop boxes, to let me design my own indicators. However, it only contain technical analysis information, not fundamental analysis information. It does come with tutorial http://jstock.sourceforge.net/help_stock_indicator_editor.html#indicator-example, on how to to build an indicator, to screen \"\"Stock which Its Price Hits Their 14 Days Maximum\"\"\""}
{"_id": "108591", "title": "", "text": "Your situation may be different if your employer contracts with a different company to manage these benefits (or manages them themselves), but I'll give you my experience. My employer contracts with WageWorks. I log on to the WageWorks site, select commuter options from a predefined list, e.g. public transit passes, gas debit cards, parking passes, etc. and the cost of my choices is automatically deducted from my paycheck each month, up to the limit. WageWorks either sends me whatever I purchased in the mail or reloads the card automatically, and the process continues each month. In my case, I couldn't use this to purchase a ticket for someone else, but I could choose the subway option for myself and let another person use it."}
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\u0e41\u0e15\u0e48\u0e2a\u0e31\u0e07\u0e04\u0e21\u0e21\u0e31\u0e01\u0e08\u0e30\u0e40\u0e2b\u0e21\u0e32\u0e23\u0e27\u0e21 \u0e27\u0e48\u0e32\u0e04\u0e19\u0e40\u0e2b\u0e25\u0e48\u0e32\u0e19\u0e31\u0e49\u0e19\u0e1c\u0e34\u0e14 \u0e42\u0e14\u0e22\u0e17\u0e35\u0e48\u0e44\u0e21\u0e48\u0e28\u0e36\u0e01\u0e29\u0e32\u0e02\u0e49\u0e2d\u0e21\u0e39\u0e25\u0e15\u0e48\u0e32\u0e07\u0e46\u0e2d\u0e30\u0e44\u0e23\u0e40\u0e25\u0e22 http://www.24hrseed.com/"}
{"_id": "108603", "title": "", "text": "Today Richard Steggall runs Urban FT, Inc., that is acknowledged as the superior and one among the fastest developing providers of Digital Banking solutions to around 80 Community and Regional Banks as well as Credit Unions in the United States, and plenty of international brands. He is one of the members of the Young Entrepreneur Council."}
{"_id": "108604", "title": "", "text": "Their argument is that what Amazon is doing may have monopolistic effects, allowing them to charge more for shittier food thanks to reduced competition.  I don't agree in this case, but it is true that monopolies are anti-competitive in nature which hinders innovation and hurts customers. That's why antitrust regulation exists, to allow competition."}
{"_id": "108610", "title": "", "text": "This is more anecdata in support of an interesting point: most of the wealthy are no smarter than rhe average dumbass, and just as susceptible to hysterical demagoguery. If Obama had raised taxes on the wealthy - Congress made that inpossible - the rates would have gone up to where they were under Clinton, or during the mid-Reagan years, both times during which the wealthy did very well indeed.  Also, it could be that most jewelry store customers were nouveau riche barely hanging on anyway, or just inept wealth funded by home-equity loans and Ponzi debt. Many of those poseurs were hitting the day of reckoning around 2008-2009, due to the evaporation of bubble housing wealth; Obama would have made a nice scapegoat for their own financial ineptitude."}
{"_id": "108624", "title": "", "text": "\"normally getting seated next to a particular guest at a particular dinner isn't described as \"\"privilege\"\", and it's not idiosyncratic to call that \"\"luck\"\"  edit: i don't mean to be pedantic. rather, you seem to really be trying to whitewash, minimize, and explain away the luck. another example: \"\"made his path to success easier\"\" as if that path was guaranteed, but more difficult, absent his luck. i don't think he himself would agree with that.\""}
{"_id": "108630", "title": "", "text": "Please built out our sales process, develop sales enablement materials, lead generation techniques, and account/target lists and we'll *maybe throw a few percent commission your way for the trouble*.   businesses like this also tend to suffer from the classic dogwood problem  Edit: dog food problem"}
{"_id": "108636", "title": "", "text": "If I do not have anyone in my car I am not getting paid. If I am not getting paid I am not working. It really is that simple. When you deliver packages you are getting paid to drive in between all points involved. FedEx drivers aren't insured on their way to work."}
{"_id": "108637", "title": "", "text": "\"It's actually quite refreshing to see someone lay part of their biases on the table when we would otherwise have to infer from their statements. One of the reasons I like blogs is because once I've mostly figured someone out I don't have to wonder about figuring out the biases of the authors.  -Someone who holds positions that seem to be rather correlated to those of a \"\"small l\"\" libertarian.\""}
{"_id": "108644", "title": "", "text": "&gt; An aging population with a massive segment of the population preparing to retire and begin collecting social security for an average of 13 years each (benefits begin at 65, average life expectancy is 78).  Population is growing through immigration, this is a non-issue.   &gt;Staggering levels of national debt that is only growing due to continued budget deficits. As it stands now, the national debt stands at over 100% of annual GDP, and that figure is only growing as the deficit remains huge.  As long as we can make the interest payments with a little more we're fine. Truth be told it wouldn't be that hard, just re-allocate funds from other areas and increase revenue. Military being the most obvious cut, redo the entire tax system to raise revenue, which would only require political will. &lt;Pfft... only&gt;  Infrastructure is just a resource allocation problem.    &gt;A population grown completely accustomed to a resource-intensive, globalized lifestyle relative to that enjoyed by almost any other country on Earth.  This would require a shift in culture. Not as hard as you'd think, but it would take a good long time.   &gt;And finally, the combination of the game of economic dominoes unfolding in Europe and a slowing Chinese economy.  There is a way out for this, again, political will will be required."}
{"_id": "108656", "title": "", "text": "$230k. $230k. $230k.  And that's just per person. Funny how conservatives attack the Dems for 'wasteful' spending on such frivolities such as social welfare and public health but approve this wasteful use of state funds to deliver a program of minimal overall benefit to The Wisconsin economy."}
{"_id": "108669", "title": "", "text": "Specialization. Individual companies can specialize in e.g. engine design and manufacturing, or wing design and manufacturing, or composites. By outsourcing to specialist companies, Boeing aimed to capture their knowledge.  The alternative is for Boeing to be a specialist in *all* the fields necessary to build an airplane. This is difficult from a purely technical point of view, and it reduces economies of scale."}
{"_id": "108671", "title": "", "text": "Fidelity, Charles Schwab, TDA, and just about every make online brokerage gives you massive amounts of free trades each year and when you sign up. Pretty much the same as 100+ free trades /yr over a 10 year period. Also, you get commission-free trade for the most popular ETFs, which is much more important.  Lastly, if you care about free trades, you're probably investing poorly. Non-professionals shouldn't be making that many non-ETF trades in a year. Professional traders wouldn't blink over a tiny $5-10 commission fee."}
{"_id": "108672", "title": "", "text": "You can withdraw from CPP as early as 60. However, by doing so, you will permanently reduce the payments. The reduction is calculated based on average life expectancies. If you live for an average amount of time, that means you'll receive approximately the same total amount (after inflation adjustments) whether you start pulling from CPP at 60, 65, or even delay your pension later. People may have pensions through systems other than CPP. This is often true for big business or government work. They may work differently. People who retire at 55 with a pension are not getting their pension through CPP. A person retiring at 55 would need to wait at least five years to draw from the CPP, and ten years before he or she was eligible for a full pension through CPP. Canada also offers Old Age Security (OAS). This is only available once you are 65 years old or older, though this is changing. Starting in 2023, this will gradually change to 67 years or older. See this page for more details. As always, it's worth pointing out that the CPP and OAS will almost certainly not cover your full retirement expenses and you will need supplementary funds."}
{"_id": "108689", "title": "", "text": "I mean, I was a bartender for years in college, and on most Saturdays I'd work from 12PM-4AM in a giant crowd of sweaty, drunk and sticky 18-24 year olds. Friends of mine worked in warehouses, factories, construction, retail, you name it; the thing is, our presence and physical effort was a business necessity.   I think the disconnect between our viewpoints is that you see the remote work option as a service solely benefiting the employee, which the employer has to bear at some hardship. My thought is that the option is mutually beneficial, and requiring 100% personal presence in the absence of a business case is an outdated ideology.   Consider this: fewer on-site employees means fewer sites -- this translates to millions saved in rent, utilities, insurance, maintenance/administrative staff and IT infrastructure, etc. It also, as the article mentions, *vastly* expands the pool of available talent by removing geographical requirements. Not only that, the option to work from home is in and of itself a feature which lubes the ol' recruiting pipe, as I alluded to earlier.   The overarching logic is that there should be a quantifiable advantage attached to a decision like this, and this advantage was, again, as the article mentions, discovered by IBM's own internal research efforts which supported remote work. It doesn't make a lot of sense strategically, but I haven't worked for IBM for years, so I couldn't tell you what internal issues they might be struggling with."}
{"_id": "108709", "title": "", "text": "My grandfather owned a small business, and I asked him that very question.  His answer was that year-end closeout is very time-consuming, both before and after  EOY (end of year), and that they didn't want to do all that around Christmas and New Year."}
{"_id": "108719", "title": "", "text": "Kodari Securities (KOSEC) has a unique approach towards investing. Kodari Securities understands that investing in the stock market requires a clear strategy. As an investor you need to compare different shares and understand how to buy and sell in the market. The stock market has no magic formulae\u2019s to buying shares. An investor has to have the ability to equip themselves with knowledge. Kodari Securities is aware that the more knowledge an investor has, the higher their success rate."}
{"_id": "108721", "title": "", "text": "Fund rebalancing typically refers to changing the investment mix to stay within the guidelines of the mutual fund objective.  For example, lets say a fund is supposed to have at least 20% in bonds.  Because of a dramatic increase in stock price and decrease in bond values it finds itself with only 19.9% in bonds at the end of the trading day.  The fund manager would sell sufficient equities to reduce its equity holdings and buy more bonds.   Rebalancing is not always preferential because it could cause capital gain distribution, typically once per year, without selling the fund.  And really any trading within the fun could do the same. In the case you cite the verbiage is confusing.  Often times I wonder if the author knows less then the reader.  It might also be a bit of a rush to get the article out, and the author did not write correctly. I agree that the ETFs cited are suitable for short term traders.  However, that is because, traditionaly, the market has increased in value over the long term.  If you bet it will go down over the long term, you are almost certain to lose money. Like you, I cannot figure out how rebalancing makes this suitable only for short term traders.  If the ETFs distribute capital gains events much more frequently then once per year, that is worth mentioning, but does not provide a case for short versus long term traders.   Secondly, I don't think these funds are doing true rebalancing.  They might change investments daily for the most likely profitable outcome, but that really isn't rebalancing.   It seems the author is confused."}
{"_id": "108734", "title": "", "text": "\"We have a local bank that changed to a bill pay service.  The money is held as \"\"processing\"\" when the check is supposed to be cut and shows as cleared on the date the check is supposed to be received.  Because our business checking is with the same bank, we discovered recently that the although the check shows cleared from our account, the recipient has not received the paper check yet - and may not for 2-3 days.  We discovered this because the payroll checks we write this way (to ourselves) never arrive on the due date but clear the business account.  It appears to be a new way for banks to ride the \"\"float\"\" and draw interest on the money.  It happens with every check processed through the bill pay system and not with electronic transfers.\""}
{"_id": "108739", "title": "", "text": "You can pay with a cashiers check or personal check. You can even pay cash, or combine payment methods. However, in the USA if you give the dealership $10,000 or more in actual cash, they will be required to fill out a form 8300 with the IRS."}
{"_id": "108747", "title": "", "text": "Perhaps look into how prohibition worked out for distillers and brewers.  It doesn't take something as arcane as outright prohibition to ruin an industry.  Onerous rules and regulations will do it as well.  Either way Romney or Obama are going to do the exact same things, and this guy is just a useful partisan idiot."}
{"_id": "108758", "title": "", "text": "\"Jesus christ.  \"\"We need to consume more or the GROWTH will come to a dramatic halt.\"\"  What about fine? What about things being big enough? What about focusing on something other then unhinged growth? Economists may often be better then most people at understanding the big picture, but man sometimes just staring at the numbers makes you so blind.\""}
{"_id": "108770", "title": "", "text": "\"A bit strange but okay.  The way I would think about this is again that you need to determine for what purpose you're computing this, in much the same way you would if you were to build out the model. The IPO valuation is not going to be relevant to the accretion/dilution analysis unless you're trying to determine whether the transaction was net accretive at exit. But that's a weird analysis to do. For longer holding periods like that you're more likely to look at IRR, not EPS. EPS is something investors look at over the short to medium term to get a sense of whether the company is making good acquisition decisions. And to do that short-to-medium term analysis, they look at earnings.   Damodaran would say this is a shitty way of looking at things and that you should probably be looking at some measure of ROIC instead, and I tend to agree, but I don't get paid to think like an investor, I get paid to sell shit to them (if only in indirect fashion). The short answer to your question is that no, you should not incorporate what you are calling liquidation value when determining accretion/dilution, but only because the market typically computes accretion/dilution on a 3-year basis tops. I've never put together a book or seen a press release in my admittedly short time in finance that says \"\"the transaction is estimated to be X% accretive within 4 years\"\" - that just seems like an absurd timeline.  Final point is just that from an accounting perspective, a gain on a sale of an asset is not going to get booked in either EBITDA or OCF, so just mechanically there's no way for the IPO value to flow into your accretion/dilution analysis there, even if you are looking at EBITDA/shares. You could figure the gain on sale into some kind of adjusted EBITDA/shares version of EPS, but this is neither something I've ever seen nor something that really makes sense in the context of using EPS as a standardized metric across the market. Typically we take OUT non-recurring shit in EPS, we don't add it in. Adding something like this in would be much more appropriate to measuring the success of an acquisition/investing vehicle like a private equity fund, not a standalone operating company that reports operational earnings in addition to cash flow from investing. And as I suggest above, that's an analysis for which the IRR metric is more ideally situated.  And just a semantic thing - we typically wouldn't call the exit value a \"\"liquidation value\"\". That term is usually reserved for dissolution of a corporate entity and selling off its physical or intangible assets in piecemeal fashion (i.e. not accounting for operational synergies across the business). IPO value is actually just going to be a measure of market value of equity.\""}
{"_id": "108775", "title": "", "text": "\"It becomes \"\"yours\"\" when it leaves the trust. Until that point the Trust owns the shares attributable to your account. There are some different arrangements out there, in the cases of some of the smaller 401(k) providers, where the assets are held in annuity products, or even individual annuities in the case of 403(b) plans.  To further answer the question, the trust and  trustee own and hold the account before you take a distribution. In a lot of cases the 401(k) recordkeeper has a trust company that they use to serve as the custodian (person or entity who retains the assets). In some plans you have an individual Trustee or a Corporate Trustee. Those setups are not good for that person or company because they are ultimately responsible for backing the assets in the plan, and as you can imagine, leaving that responsibility to one person is not safe for that individual.  Hope that helps, glad to answer any other questions you have!\""}
{"_id": "108788", "title": "", "text": "I'll be blunt."}
{"_id": "108794", "title": "", "text": "Both are incorrect. What it says is if your fund value is 25,000 in first year; then this will earn 19.4% compound for 5 years. This is same as 142.5 absolute. The money invested in second year, will only earn for 4 years, compound interest of 19.4%. so on ... The 25000 invested last year only 19.4 for a year. The other aspect you are missing is when you pay 25,000; 4% goes towards charges. So you are only investing 24,000. Plus there is an amount towards life cover. Depending on age, around 1000 for one lacs. This means the investment is only 23000 or 23500. Generally it is not advised to buy ULIP. It is cheaper to buy term insurance plus mutual fund."}
{"_id": "108807", "title": "", "text": "Lol. First you have taken many economics classes and now that I've had more it doesn't matter.  [Let me give you an academic source regarding why academic communities often lean a direction away from me.](https://www.aei.org/wp-content/uploads/2014/07/-politically-correct-university_100224248924.pdf) Take some time to read it. It's very long and dense and should explain my position fairly succinctly. One thing you might notice is that in academics, socialism teachers more likely to be Marxist than conservatives. Would you agree that the academic field believes Communism is better than Capitalism because of that?  You still have yet to argue anything regarding your first source. Is it a good source or have you abandoned it? If memory serves this started as a conversation about home ownership and we are now entrenched in minimum wages. No, the government should not manipulate the labor market of an economy because of perceived short-term improvements. It's a bad long-run policy. Sorry."}
{"_id": "108808", "title": "", "text": "I can't tell if he's running something similar to a pyramid scheme  &gt;Everyone would work under the same Spartan conditions that Brito embraced. (In New York, Brito shares a large table with his head of sales and his finance chief.) \u201cWe always say the leaner the business, the more money we will have at the end of the year to share,\u201d he said in a speech at Stanford in 2008. \u201cI don\u2019t have a company car. I don\u2019t care. I can buy my own car. I don\u2019t need the company to give me beer. I can buy my own beer.\u201d  That part is awesome though"}
{"_id": "108814", "title": "", "text": "The most obvious one these days is unexpected and extended unemployment. If you are living paycheck to paycheck, you are asking for trouble in this economy."}
{"_id": "108823", "title": "", "text": "\"&gt; Honestly this all scans with the same naivety as the communists saying WELL IT HASN'T BEEN TRIED PROPERLY YET.   No, it has the intellectual rigor of saying that if you want to claim something then you have to prove it, not parrot some propaganda that has been repeated endlessly without any proof.  &gt; Why not the east india company for example - got a royal charter to literally do whatever the hell it wanted. Doesn't get more free market than that.  Royal charter. Free market. You can only have one. This is the kind of nonsense I'm talking about. You can't attack the market for a fucking government-granted problem. No, that is not free market. And even if it were, it wouldn't come close to the deaths caused by states. Again, you bear the burden of proof here, not me.  &gt; Ultimately i find this philosophy unnecessarily reductionist, it lacks the nuance and resource flexibility to deal with shocks to the system such as external invasion or environmental catastrophe  In what way? People don't suddenly cease to have resources to deal with these things just because their resources are not forcibly centralized. That doesn't follow.  &gt; what protection do you have from these private courts if someone is polluting your water supply? Your air? What defines 'your air' and 'your water'?  The protection would be upholding private property rights, which is what would determine what \"\"your air\"\" and \"\"your water\"\" are. You resolve it by showing that they are polluting and that you have damages. The general population isn't going to respect a biased court that doesn't support the rights of private property against pollution. It's akin to asking what we'd do if a murderer went to his brother who supports a right to murder: you wouldn't use that court. Again, people overwhelmingly want protections against pollution and murder so there would be a market demand for courts that protect against these things.  &gt; I mean these are all hypothetical worst case scenarios  Then compare them to the real life worst case scenarios of governments. It won't do to use some fictitious, worst-case example that isn't based upon reason and evidence against the not-so-bad examples of government. Make an apples-to-apples comparison and tell me what evidence or reason you have to believe that hundreds of millions of people would have died in a century without governments.  \u201cAnarchists did not try to carry out genocide against the Armenians in Turkey; they did not deliberately starve millions of Ukrainians; they did not create a system of death camps to kill Jews, gypsies, and Slavs in Europe; they did not fire-bomb scores of large German and Japanese cities and drop nuclear bombs on two of them; they did not carry out a \u2018Great Leap Forward\u2019 that killed scores of millions of Chinese; they did not attempt to kill everybody with any appreciable education in Cambodia; they did not launch one aggressive war after another; they did not implement trade sanctions that killed perhaps 500,000 Iraqi children.  In debates between anarchists and statists, the burden of proof clearly should rest on those who place their trust in the state. Anarchy\u2019s mayhem is wholly conjectural; the state\u2019s mayhem is undeniably, factually horrendous.\u201d - Robert Higgs\""}
{"_id": "108826", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.washingtonexaminer.com/need-proof-that-tax-cuts-promote-economic-growth-look-to-the-states/article/2638023) reduced by 87%. (I'm a bot) ***** &gt; A new report released this week by the Tax Foundation - along with assessment of states&amp;#039; fiscal health, economic performance, and population changes - confirm that states with lower taxes and reasonable levels of government spending have stronger economies and are more attractive for businesses and individuals.  &gt; The State Business Tax Climate Index is an annual ranking of state tax systems and how well they are structured to promote economic growth.  &gt; Big-government, high-tax, reckless-spending states such as Vermont, California, New York, and New Jersey find themselves at or near the bottom of tax climate and fiscal health rankings, as well as the bottom in economic outlook.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78j193/need_proof_that_tax_cuts_promote_economic_growth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234422 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **State**^#1 **tax**^#2 **new**^#3 **economic**^#4 **fiscal**^#5\""}
{"_id": "108835", "title": "", "text": "&gt; The value is that you have higher credentials that are tangible to a business.  This is exactly what I am saying it does not do. What tangible benefits do you have form the business' perspective coming out of an MBA program? You don't learn shit in BSchool. It exists to allow the attendee to build their network and resume. Thats basically the entire value prop"}
{"_id": "108842", "title": "", "text": "Why the fuck would someone ever, in a million years, go to a place like BWW to watch a sporting event?  I'm trying really hard and failing to come up with a reason for it.  I know sports bars are a thing, and plenty apparently do okay, but BWW is setup such that you may or may not be able to see a screen and the sit down service means you can't really just park yourself there for a 3+ hour game.  It seems like they have a sports bar theme, but you can't legit use it like a sports bar."}
{"_id": "108845", "title": "", "text": "IMHO your thinking is spot on.  More than likely, you are years away from retirement, like 22 if you retire somewhat early.  Until you get close keep it in aggressive growth.  Contribute as much as you can and you probably end up with 3 million in today's dollars.   Okay so what if you were retiring in a year or two from now, and you have 3M, and have managed your debt well.  You have no loans including no mortgage and an nice emergency fund.  How much would you need to live?  60 or 70K year would provide roughly the equivalent of 100K salary (no social security tax, no commute, and no need to save for retirement) and you would not have a mortgage. So what you decide to do is move 250K and move it to bonds so you have enough to live off of for the next 3.5 years or so.  That is less than 10% of your nest egg.  You have 3.5 years to go through some roller coaster time of the market and you can always cherry pick when to replenish the bond fund. Having a 50% allocation for bonds is not very wise.  The 80% probably good for people who have little or no savings like less than 250k and retired.   I think you are a very bright individual and have some really good money sense."}
{"_id": "108849", "title": "", "text": "Late to the party, but it's just improving your cost basis in a defined risk trade even further. If you want to put up less risk capital but want to test the waters, this can be one way to do it. Another could be buying cheap OTM butterflies or financing a further otm option with the basis reduction from the debit spread if you want to gamble a bit further and venture into 15-20 delta positions. Usually, I am doing debit spreads with a buying atm and selling a couple strikes further otm or at least at the most liquid strikes, but if it's a high flier, it can be disappointing, but a good trade. If you're more of a contrarian in where you buy your calls/puts, it's absolutely a good way to lessen your risk on a calculated bet."}
{"_id": "108859", "title": "", "text": "\"Yes. Bonds perform very well in a recession. In fact the safer the bond, the better it would do in a recession. Think of markets having four seasons: High growth and low inflation - \"\"growing economy\"\" High growth and high inflation - \"\"overheating economy\"\" Low growth and high inflation - \"\"stagflation\"\" Low growth and low inflation - \"\"recession\"\" Bonds are the best investment in a recession. qplum's flagship strategy had a very high allocation to bonds in the financial crisis. That's why in backtest it shows much better returns.\""}
{"_id": "108861", "title": "", "text": "I remember reading that [he was responsible for siri](http://www.businessinsider.com/scott-forstall-apple-maps-2012-9) and that launch also didn't go so well.  I guess Apple figured that 0 for 2 is better than 0 for 3 so better to get rid of his ass now before he fucks up again. And from other reports, people are cheering his departure ( [it's said that Forstall's coworkers were so excited to show him the door that they volunteered to split up his workload](http://www.theverge.com/2012/10/29/3574022/apple-scott-forstall-ios-6-maps-apology-letter)) so don't see how this is a bad move, other than Google or Samsung might pick him up, which I guess might be bad news for the apple crowd."}
{"_id": "108875", "title": "", "text": "The rate itself is too small and the difference is small as well ... The cost of switching, even one visit to the Bank B, would cost you around $50 just to open an account you would have to visit once ... Think of changing if there are other benefits [like utility payments online, or integrated brokrage accounts etc] if they are same, just stick with it."}
{"_id": "108876", "title": "", "text": "Sounds like a case of false causality.  If somebody is taking the time to sign up at opt out sites, then that same person is probably making other smart decisions with their credit, causing scores to rise. Optoutprescreen.com does not help your score, the other actions taken might.  People seeing different results can probably be tied to the timeframe they signed up.  People who signed up then took care of their credit vs. people whose credit was already good and then signed up. A 10 pt bounce one way or the other is not significant."}
{"_id": "108890", "title": "", "text": "There is a tax treaty between Canada and the US that recognizes RRSPs as retirement accounts.  You won't be taxed on the gains in your RRSP like you would be if it was in a TFSA.  So you don't really have to do anything (except fill out a form for the IRS every year).   The problem that usually arises is if you want to buy something else.  I don't know of any Canadian brokerage that will sell products to a US resident.  It's a question of where they're licensed.  However the SEC has issued an exemption so you can try to argue with your broker to get a trade done. Link to SEC order With such a small amount in the account you may be paying fees or have it invested in funds with higher fees.  You will have to do the math on whether or not you should just withdraw the money and invest in cheaper funds and accounts in the US. When you withdraw the money Canada will withhold a flat rate of 25% or in some circumstances 15%. For more info go to Serbinski (a cross border tax specialist)."}
{"_id": "108924", "title": "", "text": "Unless you are getting better than a 2.95% return on that money market account. Pay cash. That's the purely logical way to make the decision. However if it were me I'd pay cash anyway just because I like the idea of not owing money and having the hassle of dealing with a payment every month."}
{"_id": "108953", "title": "", "text": "I mean if he signed a non-compete clause as a part of the contract, he's boned. I still think it's silly on Sony's part though because they fired him because the commercials didn't do anything for sales and he wasn't directly endorsing Nintendo nor does he have a contract with Nintendo. They're just really trying to throw off any momentum the WII U is about to gain because Sony knows it has the potential to kill the PS3 and they sure don't want to rush another console on to the market."}
{"_id": "108965", "title": "", "text": "Stock dilution is legal because, in theory, the issuance of new shares shouldn't affect actual shareholder value. The other answers have explained fairly well why this is so. In practice, however, the issuance of new shares can destroy shareholder value. This normally happens when the issuing company:  In these cases, the issuance of more shares merely reduces each shareholder's stake in the company without building proportional shareholder value."}
{"_id": "108974", "title": "", "text": "I few years ago my company in the Washington DC area allowed employees to contribute their own pre-tax funds. The system at the time wasn't sophisticated enough to prevent what you are suggesting. The money each month was put on a special credit card that could only be used at certain types of locations. You could load it onto the Metro smart trip card, and use it for many months. Many people did this, even though the IRS says you shouldn't. But eventually the program for the federal employees changed, their employer provided funds were put directly onto their Smart Trip card. In fact there were two buckets on the card: one to pay for commuting, and the other to pay for parking. There was no way to transfer money between buckets. The first day of the new month all the excess funds were automatically removed from the card;and the new funds were put onto the card. If your employer has a similar program it may work the same way. HR will know."}
{"_id": "108977", "title": "", "text": "I find myself doing well until I compare myself to someone else I think is doing well or better. I just bought a car on credit for the first time in 16 years. As a household we are making more than we ever have.  With the exception of the car, we have no debt.  If I don't listen to the news, I am happy.  It's when I start listening to how dire things are, or when I start second-guessing my decisions, or when I wonder whether I will lose my job (for no other reason that anything is possible), that I begin to feel like the world is going to end.  So, avoid Reddit and TV, stick to reading early 19th century novels, and we'll all be fine."}
{"_id": "108978", "title": "", "text": "Stop trying to make money with your emergency fund. It's purpose is to sit there idly waiting for a bad day. A day when you need that cash (liquid) not in a bank or a line-of-credit. The few dollars you might make trying to chase interest/investments with your emergency fund aren't worth it if a true emergency came up and you couldn't get to your cash in time. Once you have a fully funded EF then start investing heavily. That's your future game plan. Not the EF."}
{"_id": "109025", "title": "", "text": "\"It sounds like you are describing \"\"seller-financed\"\" mortgages (also sometimes called \"\"self-financed\"\", where \"\"self\"\" is the seller).  In essence the buyer and seller enter into a legal contract (a promissory note) that specifies the payment schedule, interest rate, etc.  The nature of the agreement is similar to the kind of mortgage agreement you'd get from the bank, but no bank is involved; it's just an agreeement directly between the buyer and seller. If you search for \"\"seller-financed mortgage\"\" or \"\"self-financed mortgage\"\" you can find a good deal more info about this kind of arrangement.  Here is a useful article from Investopedia, here is one from Forbes, and here is one from Nolo. Broadly speaking, the advantages and disadvantages of seller financing are two sides of the same coin: by doing the agreement yourself without bank involvement, you can cut out procedural red tape, delays, and requirements that a bank might insist on --- but in so doing you may expose yourself to risks that those procedures are designed to shield you from.  Most obviously, as the seller, you receive only the down payment up front (not the entire purchase price, as you would if the buyer got a bank loan), and if the buyer doesn't follow through on the agreement, you're on your own as far as starting foreclosure, etc. You can read up on some of the linked pages for more details about the pros and cons.  In general, as those pages note, seller-financed mortgages are relatively rare.  A home is a big purchase, and if you don't know what you're doing it's easy to screw up in a way that could cost you a large amount of money if things go wrong.\""}
{"_id": "109027", "title": "", "text": "Thinning scissors are also popularly called as thinning shears. It is an essential tool for hairstylists as well as the barbers across the world. Although, these shears are akin to that of traditional scissors, they vary by their form and use."}
{"_id": "109061", "title": "", "text": "In addition to what others have said, I think it is important to consider that government retirement assistance (whatever it is called in each instance) is basically a promise that can be revoked. I talked to a retired friend of mine just yesterday and we got onto that subject; she mentioned that when she was young, the promise was for 90% of one's pay, paid by the government after retiring. It is very different today. Yes, you can gamble that you won't need the saved money, and thus decide not to save anything. What then if you do end up needing the money you did not set aside, but rather spent? You are just now graduating college, and assuming of course that you get a decently-paying job, are likely going to have loads more money than you are used to. If you make an agreement with yourself to set aside even just 10-15% of the difference in income right from the start, that is going to grow into a pretty sizable nest egg by the time you approach retirement age. Then, you will have the option of continuing to work (maybe part-time) or quitting in a way you would not have had otherwise. Now I'm going to pull numbers out of thin air, but suppose that you currently have $1000/month net, before expenses, and can get a job that pays $1800/month net starting out. 10-15% of the difference means you'll be saving around $100/month for retirement. In 35 years, assuming no return on investment (pessimistic, but works if returns match inflation) and no pay rises, that will still be over $40K. That's somewhere on the order of $150/month added to your retirement income for 25 years. Multiply with whatever inflation rate you think is likely if you prefer nominal values. It becomes even more noticable if you save a significant fraction of the additional pay; if you save 1/3 of the additional money (note that you still effectively get a 50% raise compared to what you have been living on before), that gives you a net income of $1500/month instead of $1800 ($500/month more rather than $800/month more) which grows into about $110K in 35 years assuming no return on investment. Nearly $400 per month for 25 years. $100 per week is hardly chump change in retirement, and it is still quite realistic for most people to save 30% of the money they did not have before."}
{"_id": "109073", "title": "", "text": "\"The ends justify the means?  Do you even understand that phrase?  Obviously the end is our open-faced sandwiches.  So you're saying the means are...abuse?  \"\"Means\"\" must be something *necessary*.  Abuse is not a necessity.  The means are the things required to make the animal grow to an edible size.    Also, the ends can change.  In Korea, pet theft for food does occur.  By your logic, if someone stole your dog on Tuesday (when it would be morally reprehensible to abuse it) by Wednesday--when its end has been determined by the thieves as food--it's open season for beatings.  Same dog, but a different situation (which it had no say in, obviously) makes it OK to abuse.  Have fun with that argument in social situations.  Don't forget to bring up your defense of gall-bladder draining and, I'm assuming, gorilla poaching.\""}
{"_id": "109086", "title": "", "text": "\"So item 1  The two investors leading the suit say \"\"it's because we want lots of control\"\" and sue founder.  The standard share holders want equal voting - as would I.  Founder appoints two new board members to ensure this happens.  Item 2 the suit:  The suit is to remove the ability to appoint new board members from the founder correct?  After he has appointed two new ones to implement the changes the other shareholders want correct?  But somehow the suit is \"\"on behalf\"\" of the other share holders?  Do I have you explanation right?\""}
{"_id": "109102", "title": "", "text": "In 2011 fraudulent certificates were obtained from Comodo and DigiNotar[4][5], allegedly by Iranian hackers. There is evidence that the fraudulent DigiNotar certificates were used in a man-in-the-middle attack in Iran.[6]   In 2012, it became known that Trustwave issued a subordinate root certificate that was used for transparent traffic management (man-in-the-middle) which effectively permitted an enterprise to sniff SSL internal network traffic using the subordinate certificate.[7]  http://en.wikipedia.org/wiki/Certificate_authority#Subversion_of_CA"}
{"_id": "109125", "title": "", "text": "\"Usually you need to switch accounts. Lower rate cards usually offer less generous benefits. I'd advise looking at the charts on credit card rates in the back of a magazine like \"\"Money\"\" or \"\"Kiplingers\"\".\""}
{"_id": "109132", "title": "", "text": "Many colleges have offices that can help students find off campus housing. They will have information about rooms being let by families, and about houses being shared by groups of students. The biggest issue is that many of the best places were filled months ago. With only a month to go before classes start time is tight. You can also look for electronic listings organized through a campus newspaper.  The advantage of going through university resources is that they will have more information regarding the types of students they are looking for. A house full of undergrads is different than a family house that rents only to young professors."}
{"_id": "109147", "title": "", "text": "Truly decentralized and censorship proof, but not yet ready for prime time.  https://akasha.world/  &gt; As a decentralized application AKASHA deploys a next-generation information architecture born from the fusion of Ethereum and the Inter-Planetary File System. Thanks to these technologies we were able to create a planetary-scale information network immune to censorship by design, where your thoughts and ideas will echo throughout humanity\u2019s existence."}
{"_id": "109148", "title": "", "text": "\"Capitalization rate and \"\"Net Profit margin\"\" are two different things. In Capitalization rate note that we are taking the \"\"total value\"\" in the denominator and in Net profit margin we are taking \"\"Revenue/Sales\"\".  Capitalization Rate: Capitalization Rate = Yearly Income/Total Value For example (from Investopedia: ) if Stephane buys a property that will generate $125,000 per year and   he pays $900,000 for it, the cap rate is:   125,000/900,000 = 13.89%. Net Profit margin: Net Profit margin = Net Profit/Revenue For example (from finance formulas): A company's income statement shows a net income of $1 million and   operating revenues of $25 million. By applying the formula, $1 million   divided by $25 million would result in a net profit margin of 4%.   Although the formula is simplistic, applying the concept is important   in that 4% of sales will result in after tax profit.\""}
{"_id": "109149", "title": "", "text": "It's only symbolic if things continue as if nothing had happened.  Once large segments of people start becoming poor, it ceases to be symbolic and starts becoming real. Will a Greek default be felt in the US?  Hard to say, but probably not.  Will it be felt in Greece?  You bet it will."}
{"_id": "109164", "title": "", "text": "\"Step 1. Log onto chase.com  Step 2. Click on the account in question  Step 3. Add \"\"Outstanding balance\"\" to \"\"Pending charges\"\"  Step 4. Pay said total amount  With all the energy you spent trying to find out if they're doing something illegal, you could've resolved the original issue yourself and be done with it.\""}
{"_id": "109173", "title": "", "text": "When you say patted down. Are you talking about extra security checks where they pull you out of line each time, or just when going through security?  Cause if you choose to object to full body scans, you get a pat down every time?"}
{"_id": "109182", "title": "", "text": "All successful CEOs have one thing in common: They\u2019re able to maintain a big-picture perspective. It\u2019s also something successful moms have in common, says Zenovia Andrews, a [business](http://businessclarksville.com/business/how-to-run-your-home-like-a-ceo/2014/07/30/65318) strategist, speaker, author and mom who coaches [entrepreneurs](http://theshearingroups.org/) and CEOs on time and budget [management](http://theshearingroups.org/news/).  \u201cIn business, CEOs implement a process that achieves efficient time and resource management in the most cost-effective way; sounds a lot like a mom, doesn\u2019t it?\u201d says Andrews, founder and CEO of The MaxOut Group, a company devoted to empowering and tea ching entrepreneurs development strategies to increase profits.  \u201cIf every mom were a CEO, America would rule the world!\u201d  Andrews, author of the new book \u201cAll Systems Go \u2013 A Solid Blueprint to Build Business and Maximize Cash Flow,\u201d (www.zenoviaandrews.com), suggests the following tips for moms to better manage money and time.  - CEOs utilize apps, and so should CEO Moms. When a CEO\u2019s personal assistant isn\u2019t around or, if it\u2019s a small business and she doesn\u2019t have one, then apps do nicely. There are several apps for moms, including Bank of Mom \u2013 an easy way to keep track of your kids\u2019 allowances. Set up an account for each child and track any money they earn for chores or allowance. The app also allows you to track their computer and TV time as well as other activities.  - Measurement is the key to knowledge, control and improvement. CEOs have goals for their businesses and Moms have goals for their family members. In either case, the best way to achieve a big-picture goal is to identify action steps and objectives and a system for measuring progress. Want to improve your kids\u2019 test scores, help your husband lose weight or \u2013 gasp \u2013 free some time for yourself? There are four phases to help track progress: planning, or establishing goals; collection, or conducting research on your current process; analysis \u2013 comparing information from existing processes with the new one; and adapting, or implementing the new process.  - Understand your home\u2019s \u201cworkforce.\u201d A good CEO helps her employees grow and develop, not only for the company\u2019s benefit, but for the employee\u2019s as well. Most people are happiest when they feel they\u2019re learning and growing, working toward a goal, which may be promotion within the company or something beyond it. When they feel the CEO is helping with that, they\u2019re happier, more productive, more loyal employees. Likewise, CEO Moms need to help their children gain the skills and knowledge they need not only to succeed in general but to achieve their individual dreams.  - A well-running household is a community effort; consider \u201cautomated\u201d systems. In business, automated systems tend to be as clinical as they sound, typically involving technology. Yet, there\u2019s also a human resource element. Automated systems are a must for CEO Moms, and they tend to take the form of scheduling at home. Whose night is it for the dishes, or trash? One child may be helpful in the kitchen, whereas another may be better at cleaning the pool.  About the Author:  Zenovia Andrews, www.zenoviaandrews.com, is a business development strategist with extensive experience in corporate training, performance management, leadership development and sales consulting with international clients, including Pfizer, Inc. and Novartis Pharmaceuticals. A sought-after speaker and radio/TV personality, she is the author of \u201cAll Systems Go\u201d and \u201cMAXOut: I Want It All.\u201d"}
{"_id": "109196", "title": "", "text": "Probably because it's a question of Excel vs Access, not VBA vs SQL. You probably don't need VBA for any of the calcs that the OP mentions.  Excel is the one tool everyone uses in Finance. CR and SSRS require tools and permissions that the average guy simply won't have, and a level of expertise that is not useful for most front/middle-office analysis work.  I usually see these done in Excel. SSRS and CR seem like way overkill for something done trivially and transparently in Excel, whose presentation will change frequently anyway.  Depending on what OP is talking about, analysis is not reporting, and flexibility and transparency usually win. Especially when you want to poke around the underlying data and iterate with other people.  SSRS and CR only make sense when you know what you're looking for, that the data is appropriate for it and you don't expect it to change."}
{"_id": "109199", "title": "", "text": "I'm all for free enterprise, but I feel like when services like Uber and Lyft get so big it might do them some good to offer disabled services. I mean obviously you can't cater to every single type of rider out there but basic wheelchair service would probably be good."}
{"_id": "109203", "title": "", "text": "You could, but the bank won't let you... If you're a sole proprietor - then you could probably open a personal account and just use it, and never tell them that is actually a business. However, depending on your volume of operations, they may switch you on their own to business account by the pattern of your transactions. For corporations, you cannot use a personal account since the corporation is a separate legal entity that owns the funds. Also, you're generally required to separate corporate and personal funds to keep the limited liability protection (which is why you have the corporation to begin with). Generally, business accounts have much higher volumes and much more transactions than personal accounts, and it costs more for the banks to run them. In the US, some banks offer free, or very low-cost, business accounts for small businesses that don't need too many transactions. I'm sure if you shop around, you'll find those in Canada as well."}
{"_id": "109220", "title": "", "text": "\"There are many tactics you can use.  If your biggest problem is regretting your larger purchases, I'd suggest giving yourself rules before making any purchases over a certain minimum dollar amount that you set for yourself.  For example, if that amount is $50 for an item, then any item starting at an average price of $51 would be subject to these rules. One of your long-term goals ought to be to become the kind of person who finds joy in saving money rather than spending it.  Make friends with frugal people - look for those who prefer games nights and potlucks to nights out at the club buying expensive drinks and dinners at the newest steak joint in town.  Learn the thrill of a deal, but even more learn the thrill of your savings growing.  You don't want to enjoy money in the bank for the purposes of becoming a miser.  Instead you want to realize that money in the bank helps you achieve your goals\u00a0\u2014 buying the house you want, donating a significant amount of money to a cause you ardently support, allowing you to take a dream vacation, letting you buy with cash the car you always wanted, the possibilities are endless.  As Dave Ramsey says, \"\"Live like no one else, so you can live like no one else.\"\"\""}
{"_id": "109227", "title": "", "text": "Here's the key:  &gt;If I buy back my own mortgage, I don\u2019t have a mortgage.  You don't have a mortgage, you probably ended up with another type of depth. This is what happens. The Bank of Japan is buying the debt. It didn't disappear. Why did it buy the debt? To be able to print more money. Why does it need more money? To create more inflation. 0.2% of inflation is bad. You need 2%.  //edit:grammar."}
{"_id": "109238", "title": "", "text": "\"wtf are we as a country and society going to do for all the Frans in 10 years when there is barely retail or fast food jobs left?  are we just going to throw up our hands and say \"\"welp, guess your fucked\"\"? we're going to have millions of unemployed people a lot sooner than people think and we are doing nothing to address this upcoming problem!\""}
{"_id": "109246", "title": "", "text": "\"Seems like no one in this thread has heard of \"\"treasury stocks\"\", which indeed allow a company to own and sell its own stock. Think about it. When there is a stock buy-back funded by excess profits, where does that stock go?\""}
{"_id": "109250", "title": "", "text": "I can easily live off purchase 1. The issue is that I have a guaranteed paycheck at my corporate gig and my fianc\u00e9 is worried about not having enough income to pay bills.     We're both new to business ownership and she doesn't want me to lose my benefits and guaranteed salary at my current job. I'm only keeping this job for extra income. I'd have to leave my second income producing job to take the plunge for the second business.      She just doesn't think it's the right time but E V E R Y T H I N G is playing out to where it just makes sense financially. Take a small cut back on expenses to make 4x what I'm making now with my first business and my second income producing job."}
{"_id": "109285", "title": "", "text": "Why not 180 weeks then? Being able to get cash without having to work for it changes the human psyche regarding the necessity of work. At the end if the 99 weeks, a lot of people resent having to work again, which translates into an overall lesser quality labor pool. I'm not arguing for no unemployment, but 99 weeks is extreme. No one is actively job searching that long."}
{"_id": "109292", "title": "", "text": "\"I agree that you should CONSIDER a shares based dividend income SIPP, however unless you've done self executed trading before, enough to understand and be comfortable with it and know what you're getting into, I would strongly suggest that as you are now near retirement, you have to appreciate that as well as the usual risks associated with markets and their constituent stocks and shares going down as well as up, there is an additional risk that you will achieve sub optimal performance because you are new to the game. I took up self executed trading in 2008 (oh yes, what a great time to learn) and whilst I might have chosen a better time to get into it, and despite being quite successful over all, I have to say it's the hardest thing I've ever done! The biggest reason it'll be hard is emotionally, because this pension pot is all the money you've got to live off until you die right? So, even though you may choose safe quality stocks, when the world economy goes wrong it goes wrong, and your pension pot will still plummet, somewhat at least. Unless you \"\"beat the market\"\", something you should not expect to do if you haven't done it before, taking the rather abysmal FTSE100 as a benchmark (all quality stocks, right? LOL) from last Aprils highs to this months lows, and projecting that performance forwards to the end of March, assuming you get reasonable dividends and draw out \u00a31000 per month, your pot could be worth \u00a3164K after one year. Where as with normal / stable / long term market performance (i.e. no horrible devaluation of the market) it could be worth \u00a3198K! Going forwards from those 2 hypothetical positions, assuming total market stability for the rest of your life and the same reasonable dividend payouts, this one year of devaluation at the start of your pensions life is enough to reduce the time your pension pot can afford to pay out \u00a31000 per month from 36 years to 24 years. Even if every year after that devaluation is an extra 1% higher return it could still only improve to 30 years. Normally of course, any stocks and shares investment is a long term investment and long term the income should be good, but pensions usually diversify into less and less risky investments as they get close to maturity, holding a certain amount of cash and bonds as well, so in my view a SIPP with stocks and shares should be AT MOST just a part of your strategy, and if you can't watch your pension pot payout term shrink from 26 years to 24 years hold your nerve, then maybe a SIPP with stocks and shares should be a smaller part! When you're dependent on your SIPP for income a market crash could cause you to make bad decisions and lose even more income. All that said now, even with all the new taxes and loss of tax deductible costs, etc, I think your property idea might not be a bad one. It's just diversification at the end of the day, and that's rarely a bad thing. I really DON'T think you should consider it to be a magic bullet though, it's not impossible to get a 10% yield from a property, but usually you won't. I assume you've never done buy to let before, so I would encourage you to set up a spread sheet and model it carefully. If you are realistic then you should find that you have to find really REALLY exceptional properties to get that sort of return, and you won't find them all the time. When you do your spread sheet, make sure you take into account all the one off buying costs, build a ledger effectively, so that you can plot all your costs, income and on going balance, and then see what payouts your model can afford over a reasonable number of years (say 10). Take the sum of those payouts and compare them against the sum you put in to find the whole thing. You must include budget for periodic minor and less frequent larger renovations (your tenants WON'T respect your property like you would, I promise you), land lord insurance (don't omit it unless you maintain capability to access a decent reserve (at least 10-20K say, I mean it, it's happened to me, it cost me 10K once to fix up a place after the damage and negligence of a tenant, and it definitely could have been worse) but I don't really recommend you insuring yourself like this, and taking on the inherent risk), budget for plumber and electrician call out, or for appropriate schemes which include boiler maintenance, etc (basically more insurance). Also consider estate agent fees, which will be either finders fees and/or 10% management fees if you don't manage them yourself. If you manage it yourself, fine, but consider the possibility that at some point someone might have to do that for you... either temporarily or permanently. Budget for a couple of months of vacancy every couple of years is probably prudent. Don't forget you have to pay utilities and council tax when its vacant. For leaseholds don't forget ground rent. You can get a better return on investment by taking out a mortgage (because you make money out of the underlying ROI and the mortgage APR) (this is usually the only way you can approach 10% yield) but don't forget to include the cost of mortgage fees, valuation fees, legal fees, etc, every 2 years (or however long)... and repeat your model to make sure it is viable when interest rates go up a few percent.\""}
{"_id": "109301", "title": "", "text": "Will they still create programming catered to an 8th grade education and watered down enough for children to watch? That's why I quit tv and cable. What the fuck am I watching shows made for teenagers for? No hard science, no hard news, and not a single person talks like a regular human. It's fucking bizarre seeing it at this point. A weird world of nonsense."}
{"_id": "109302", "title": "", "text": "Oh hey, let's take an insane valuation from the peak of the tech bubble and act like it should be a useful metric. Exxon has a market cap around 430 billion, Apple is just under 600 billion.    Microsoft was never making enough nor looked like it could sustain enough growth to support a 600b market cap.  Don't be stupid.  The stock was grossly overvalued as everything was then."}
{"_id": "109305", "title": "", "text": "\"IRA is a tax-deferred account. I.e.: you're not paying any taxes on the income within the account (as long as you don't withdraw it) and you can deduct the investment (with certain limitation on how much, depending on your total AGI). It is taxed when you withdraw it - at ordinary rates for the \"\"traditional\"\" IRA and with 0% rate for ROTH, as long as the withdrawal is qualified (if not qualified - you pay ordinary rate tax for ROTH and additional 10% tax for both on the taxable amounts). The details are a bit complicated (there's deductible IRA, non-deductible IRA, roll-overs, etc etc), but that's the basic. Regular investment accounts are taxed currently on any income, but you get the \"\"better\"\" capital gains rates on many things. So which one is better depends how long your investment is going to be, what is your tax situation now, and what you anticipate it to be later when you retire.\""}
{"_id": "109316", "title": "", "text": "No, if your brokers find out about this, even though it is unlikely, you will be identified as a pattern day trader. The regulations do not specify a per broker limit. Also, it's like a credit history.  Brokers are loosely obligated to inform other brokers that a client is a pattern day trader when transferring accounts."}
{"_id": "109324", "title": "", "text": "\"Strictly speaking, a \"\"default\"\" happens when you stop making a scheduled interest or principal payment. So you can \"\"default\"\" on your student loan by simply not paying it. What you describe is what generally happens afterwards. So when people say \"\"You can't default on your student loans\"\", that is not correct. What they mean to say is \"\"You (usually) can't discharge your student loans in bankruptcy\"\".\""}
{"_id": "109345", "title": "", "text": "Traders sometimes look at the depth of the book (number of outstanding limit orders) to try and gauge the sentiment of the market or otherwise use this information to formulate their strategy.  If there was a large outstanding buy order at $49.50, there's a decent chance this could increase the price by influencing other traders. However, a limit order at $2 is like an amazon.com price of $200,000 for a book.  It's so far away from realistic that it is ignored.  People would think it is an error. Submitting this type of order is perfectly legal.  If the stock is extremely thinly traded, it might even be encouraged because if someone wanted to sell a bunch and did a really bad job of it, the price could conceivably fall that far and the limit order would be adding liquidity.  I guess.  Your example is pretty extreme. It is not uncommon for there to be limit orders on the book that are not very close to the trading price.  They just sit around.  The majority of trades are done by algorithmic traders and institutional traders and they don't tend to do this, but a retail investor may choose to submit an order like that, just hoping against hope. Also, buy orders are not likely to push prices down, no matter what their price is.  A sell order, yes (even if it isn't executed)."}
{"_id": "109376", "title": "", "text": "Nope. And you're making things up while being a condescending dickhead. Good look! 5 states allow you to take the bar without even attending law school let alone graduating. Thanks for playing though. Maybe 12 seconds of google next time?"}
{"_id": "109382", "title": "", "text": "\"That wasn't friendster, that was a site that never launched called \"\"Harvard connect\"\" I believe.  Friendster was already a decently sized company when Zuck started facebook. In fact he even has noted that he wanted the site to be something like friendster originally.\""}
{"_id": "109383", "title": "", "text": "\"I have a basic rule: it is the \"\"business\"\" guy's responsibility to raise the money. If they can't do it, then they are incompetent, and the \"\"tech\"\" guy should avoid them.  Generally speaking, the business side needs to be able to identify and validate the market opportunity, define the product, handle sales and marketing and raise the money.  The tech side needs to translate the product definition into a technical solution and build it.   If you have programming skills, you have plenty of options, and should not partner with people who can't do their part. You can probably handle the business side of things as well, though there is a difference in skill and temperament. Find someone who is as good or better at the business side than you are at programming.\""}
{"_id": "109394", "title": "", "text": "\"Apparently, only in America do people understand the difference between positive and negative rights.  A negative right requires others to abstain from interfering with your actions.  These are \"\"natural\"\" rights, such as freedom of speech, religion, freedom from unreasonable search and seizures, etc.  The Constitution is full of negative rights that are \"\"endowed by the Creator,\"\" i.e the government does not grant them to you, but rather, the government cannot strip them from you because you already have them.  Positive rights require others to provide you with either a good or service, such as healthcare.  These rights always require government coercion, such as forced taxation, to implement.  They also don't exist without that government coercion.  These rights are granted by government (and can be taken away by government as well).  Americans are much more supportive of negative rights.  True freedom means freedom from government coercion.  Thus, calls for healthcare as a \"\"right\"\" are rejected by huge numbers of Americans.  Healthcare is not a right in the same sense that freedom of speech is, because it is not a negative right.\""}
{"_id": "109397", "title": "", "text": "It always bumps right before the 1/4 report.  For some reason, after 80 quarters, people buy amazon stock just incase they under promised and over delivered.  That's happened like 1 or 2 times.  They are so consistent, that I assume the make heavy fiscal investments in the week leading up to quarter close just so they don't"}
{"_id": "109415", "title": "", "text": "Not sure how to feel about this just yet. On one hand, I feel like it's a potentially worthy blow to an industry in need of a good one. On the other, it scares me that Amazon is becoming deeply entrenched into so much of our lives. What happened to antitrust laws? And why are some people so pleased to see another major market monopoly?"}
{"_id": "109419", "title": "", "text": "Well, there are an army of analysts who build excel spreadsheets and call them models.  No real stats involved, no error estimates or anything like that.  Just arithmetic.  Then there are the quants who do real math.    Either can get you work.  The more stats BS you can talk the better your odds on a job interview for an analyst.  But if you really want to be a hotshot stats guy you'll need to be very very good at very advanced math."}
{"_id": "109422", "title": "", "text": "No, you cannot withdraw the money until settlement day. Some brokers will allow you to trade with unsettled funds, but you cannot withdraw it until it is settled.  Think about it, when you buy stock you have to pay for them by T+3, so if you sell you actually don't receive the funds until T+3."}
{"_id": "109423", "title": "", "text": "The Hong Kong Dollar has been pegged to the USD for nearly 30 years and the Hong Kong authorities have fairly strong means to defend the peg.  So at first glance it would appear that there is really no difference as long as you are getting 7.75 HKD for each USD that you used to receive. However, the peg is arbitrary and could be lifted at any time like the removal of the CHF peg to EUR surprised a lot of people in early 2015.  As mainland China becomes more integrated it is unclear what will happen to the HKD in the long run.  Whether this matters really depends on your contracts.  if your contracts are short dated you may only take a discount relative to USD for a few payments before you can try to renegotiate. It's also worth noting trading HKD for your local INR can be more expensive. Check your local rates."}
{"_id": "109424", "title": "", "text": "\"You have a subscription that costs $25 They have the capabilities to get that $25 from the card on file if you had stopped paying for it, you re-upping the cost of the subscription was more of a courtesy. They would have considered pulling the $25 themselves or it may have gone to collections (or they could courteously ask if you wanted to resubscribe, what a concept) The credit card processing agreements (with the credit card companies) and the FTC would handle such business practices, but \"\"illegal\"\" wouldn't be the word I would use. The FTC or Congress may have mandated that an easy \"\"opt-out\"\" number be associated with that kind of business practice, and left it at that.\""}
{"_id": "109454", "title": "", "text": "I don't understand the logic of converting a cost of funds of 4% to a monthly % and then subtracting that number from an annual one (the 1.5%).  Unfortunately without seeing the case I really can't help you...there was likely much you have left out from above."}
{"_id": "109455", "title": "", "text": "\"You have heard the old adage \"\"Buy low, sell high\"\", right? That sounds so obvious that you'd have to wonder why they would ever bother coining such an expression. It should rank up there with \"\"Don't walk in front of a moving car\"\" on the Duh scale of advice. Well, your question demonstrates exactly why it isn't quite so obvious in the real world and that people need to be reminded of it.  So, in your example, the stock prices are currently low (relative to what they have been). So per that adage, do you sell or buy when prices are low? Hint: It isn't sell. Yes. Your gut is going to tell you the exact opposite thanks to the fact that our brains are unfortunately wired to make us susceptible to the loss aversion fallacy. When the market has undergone a big drop is the WORST time to stop contributing (buying stocks).  This example might help get your brain and gut to agree a little more easily: If you were talking about any other non-investment commodity, cars for instance.  Your question equates to.. I really need a car, but the prices have been dropping like crazy lately.    Maybe I should wait until the car dealers start raising their prices again before I buy one. Dollar Cost Averaging As littleadv suggested, if you have an automatic payroll deduction for your retirement account, you are getting the benefit of Dollar Cost Averaging. Because you are investing the same amount on a scheduled interval, you are buying more shares when they are cheap and fewer when they are expensive. It is like an automatic buy low strategy is built into the account. The alternative, which you are implying, is a market timing strategy. Under this strategy, instead of investing regularly you try to get in and out of investments right before they go up/drop. There are two MAJOR flaws with this approach:   1) Your brain will work against you (see above) and encourage you to do the exact opposite of what you should be doing.   2) Unless you are clairvoyant, this strategy isn't much better than gambling. If you are lucky it can work, but because of #1, the odds are stacked against you.\""}
{"_id": "109459", "title": "", "text": "They might be concerned with having to charge sales tax in California if they have a single employee in California, creating a nexus situation with CA. If that's the case, or even if there is some other issue, you might be able to switch from being a W2 employee to being a 1099 independent contractor. There's a host of additional issues this could cause, but it alleviate the nexus problem (if THAT is the problem). Here's a terrible solution you can bring up, but shouldn't do under any circumstances: offer to set up a mailing address in an allowed State, and give your company plausible deniability with regards to your legal residence. Obviously, this is a terrible idea, but exploring that option with your employer would help you suss out what the actual objection is. Ultimately, anything said here about the reason is just conjecture. You need to talk to the decision maker(s) about the real reason behind the denial. Then you can talk through solutions. Also - don't forget that you can get another job. If you are serious about a future with your girlfriend, you should put that relationship ahead of your current employment comfort and security. If you are willing to walk away from your position, you are in a much better situation to negotiate."}
{"_id": "109468", "title": "", "text": "\"Whoops, responded to the wrong person. Reposting for you in case you didn't see it.       Here's a source for the $3.7 trillion number.      http://www.bloomberg.com/news/2011-12-08/u-s-municipal-bond-market-28-larger-than-estimated-federal-reserve-says.html    It's not 'incorrect data'.        EDIT:  Furthermore, in order to know the \"\"extent\"\" of the crime (your own admission) we NEED to know the size of the entire market otherwise you can't have any perspective or determine extent.  So there's no reason it shouldn't be mentioned in the article.\""}
{"_id": "109483", "title": "", "text": "Update: I am now using another app called toshl and I am very satisfied with it. In fact, I am a paying customer. It is web based, but it has clients for iPhone, Android and Windows Phone as well.  Another one, I tried is YNAB.   Did you consider trying an online app? I am using Wesabe and I am happy with it. I found it much better these web-based ones because I can access my data from anywhere."}
{"_id": "109512", "title": "", "text": "What I don't get. If Boeing doesn't have a plane in that range and there aren't many other competitors, why sell the plane as cheap as they have been to begin with? If you already have the market cornered why bother selling so low?"}
{"_id": "109533", "title": "", "text": "OK, looking at the balance sheet they have $42M in cash, but that is down from $325M in December. Meanwhile their debt has increased from $1.756B in December to $1.832B as of June so their net cash has dropped by $355M in only 6 months. It looks like they spent $329M (give or take) buying other companies in those 6 months. Otherwise their working capital (an important measure of the ability to run the business) looks OK at $230M. Looking at the income statement, they are making money: $70.6M in the last quarter on revenue of $226.7M, which is quite remarkable however they had an unusual item which increased earnings somewhat. Otherwise their earnings would have been about $39M, which is still pretty healthy.  All in, the company itself looks healthy and on a bit of a buying binge, growing through acquisition. I don\u2019t like the debt load but that is probably usual for the industry.  When companies grow through acquisition they generally plan to reduce total employment because of redundancies because you sort of get economies of scale. This usually factors into the decision to buy the company: you increase revenues through the purchase and reduce costs by eliminating employees. This is typically how they \u201csell\u201d an acquisition to investors.  If I was to guess (and it would only be a guess) this company has a team which looks at the employees of the company it just bought and decides where to downsize. It may not downsize from the newly acquired company but from its own existing employees for a variety of reasons. So most likely that is what you were a victim of: it wasn\u2019t because the company was struggling, or because you were necessarily not a good employee. It is a process, albeit sometimes unfair, and you were a victim of it.  The layoff decisions are not always prudent and it can be hard to understand why a particular group was cut instead of another one. Management doesn\u2019t always make the right call. The broadcast industry has been going through consolidation (companies buying companies) for some time now. Most likely management is hoping to \u201cbulk up\u201d to make it harder for another company to buy it and/or to get a better price when it is bought.   So in summary, most likely they are doing this for reasons of greed, ie, they\u2019ll make more money with fewer employees. Sorry about your situation."}
{"_id": "109540", "title": "", "text": "Guaranteed 8.2% annual return sounds too good to be true. Am I   right? Are there likely high fees, etc.? You're right. Guaranteed annual return is impossible, especially when you're talking about investments for such a long period of time. Ponzi (and Madoff) schemed their investors using promises of guaranteed return (see this note in Wikipedia: In some cases returns were allegedly determined before the account was even opened.[72]). Her financial advisor doesn't charge by the hour--he takes a   commission. So there's obviously some incentive to sell her things,   even if she may not need them. Definitely not a good sign, if the advisor gets a commission from the sale then he's obviously not an advisor but a sales person. The problem with this kind of investment is that it is very complex, and it is very hard to track. The commission to the broker makes it hard to evaluate returns (you pay 10% upfront, and it takes awhile to just get that money back, before even getting any profits), and since you're only able to withdraw in 20 years or so - there's no real way to know if something wrong, until you get there and discover that oops- no money! Also, many annuity funds (if not all) limit withdrawals to a long period, i.e.: you cannot touch money for like 10 years from investment (regardless of the tax issues, the tax deferred investment can be rolled over to another tax deferred account, but in this case - you can't). I suggest you getting your own financial advisor (that will work for you) to look over the details, and talk to your mother if it is really a scam."}
{"_id": "109546", "title": "", "text": "I'm not sure I am fully understanding the nuance of your question, but based on your answer in the comments you and your business are not separate legal entities. So your income is the full $70K, there is no distinct business to have income. If you clarify your question to include why you want to know this I might be able to give a more meaningful answer for your situation."}
{"_id": "109561", "title": "", "text": "The initial position is worth 40000. You post 50% margin, so you deposited 20000 and borrowed 20000. 6% of 20000 is 1200."}
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{"_id": "109566", "title": "", "text": "&gt;  The point is that we've decided as a nation that we want to guarantee a basic level of healthcare  not sure abt that. maybe half the population has.   &gt; Companies like wal-mart take advantage of that, paying low wages and assuming employees will utilize the government assistance.  you can't be mad at someone for following the laws to their advantage. you CAN be mad at the gov't for letting them do it. the public is supposed to have control of gov't, not private business.   &gt; we should just fix our fucking healthcare system.  i think virtually everyone in america agrees. but there's wide disagreement on how."}
{"_id": "109574", "title": "", "text": "Millennials are sure as hell not 'less materialistic' then other generations.   You're talking about post-millennials 'Gen Z'. Millennials are the children of the Boomers and as a result, share a lot of the similar characteristics. The problem with the Millennials is that they learned a lot of Boomer traits of their parents but have not been afforded the same economic opportunities as their parents where.  Gen Y and the Boomers are surprisingly some of the most liberal of  generations. However, both are incredibly materialistic whilst being socially progressive.  Gen Z, the post-millennials, grew up post 2001, post GFC. As a result of this chaotic and traumatic world which they grew up in, they tend to prize stability more then the Boomers and Gen Y do. Gen Z are more interested in work being a means to a (hopefully) stable end whereas Gen Y, Boomers see work as being an essential part of their identity as an individual. Gen Z will take many things for granted having grew up with a black President and in a country with a growing awareness of social rights (e.g legalization of same sex marriage) and as a result, will not be as socially progressive as their preceding generations."}
{"_id": "109582", "title": "", "text": "Our view is that just be cause AMZN can disrupt somebody else's profit stream, it doesn't mean that AMZN earns that profit stream. For the moment, the market doesn't agree. Perhaps, simply being disruptive is enough.  While he is right in theory, the problem with this viewpoint is it is incredibly short sighted. Amazon is disrupting spaces to the point of near outright ELIMINATING entire markets. When Amazon eliminates a market, that revenue has to go SOMEWHERE... and while Amazon may not turn a profit on it now, since they now own that entire market it would be extremely simple to in the future.  I can make simmilar comments for most of these companies. The reason disruption is being valued so high is because the disruption happening today is so massive compared to history. The disruption these four companies are causing is on the order of magnitude of what Ford caused with the assembly line... Except greater."}
{"_id": "109585", "title": "", "text": "Not at the current price.  Take a look at historical charts going back five years. When the meltdown occurred in 2008, gold price took a big dip due to deleveraging, etc. I would expect the same to happen again with the current crisis."}
{"_id": "109628", "title": "", "text": "Say your bank gives you a loan at a fix interest rate.  They can loan money themselves for a floating interest rate.  So they try to find someone who will pay, or take, the difference between the fix and the floating interest rate on your loan.    That's an interest rate swap and there is nothing evil about it per se.  Derivatives are like knives, you can use them for live saving heart surgery or just butcher a kid in a back alley.    The inherent danger lies in the fact that it is easier to create than to understand complex derivatives.  This can lead to both sides believing they made on the derivative transaction, a logically impossible situation.  Therefore it is always good when derivatives are traded in a transparent, well-regulated market, where current market price is determined.  But then the expected profit margins are small, so investment bankers will always try to find more exotic derivatives (think of a blindfolded kid using chainsaws for brain surgery).    We need standard derivatives or we have to re-think the whole finance world from grounds up, without any guarantee we'll find anything working any better.  We don't need exotic derivatives, they're almost exclusively there because people shoot for bonuses."}
{"_id": "109639", "title": "", "text": "With the disclaimer that I am not a technician, I'd answer yes, it does. SPY (for clarification, an ETF that reflects the S&P 500 index) has dividends, and earnings, therefore a P/E and dividend yield. It would follow that the tools technicians use, such as moving averages, support and resistance levels also apply.  Keep in mind, each and every year, one can take the S&P stocks and break them up, into quintiles or deciles based on return and show that not all stock move in unison. You can break up by industry as well which is what the SPDRs aim to do, and observe the movement of those sub-groups.  But, no, not all the stocks will perform the way the index is predicted to.  (Note - If a technician wishes to correct any key points here, you are welcome to add a note, hopefully, my answer was not biased)"}
{"_id": "109644", "title": "", "text": "The best partnership agreements cover all contingencies often referred to as the 5 D's:  death, divorce, drugs, disinterest, and disability.  Most do not, however, which makes them such a mess. I was an employee of a firm that went through this, and it is not pleasant from anyone's perspective.     Of course you don't have that option now. Your best bet is to talk to a lawyer and find out your options.  For example, would it be best to form your own company and do the same thing?  Would it be best to give your partner double as your legal fees are likely to be higher then the inflated value?  Could you offer a one time fee and revenue over time in lieu of the one time buy-out?   It is likely to get ugly, and one thing that contributes to this is the emotional turmoil that your partner's family is going through."}
{"_id": "109651", "title": "", "text": "Yeah! We were super excited when we got approached by Armenia and Oman; I personally didn't know agriculture was so huge for them, but I guess it's most of their export.   The philosophy we have, and have always had, is that we don't want to restrict the tech to just the US, we want to help farms all over the world!  Of course, our pilots have been local to the LA area, but we're still fairly small; we can't send our whole install team across the world just yet lol. Soon!"}
{"_id": "109652", "title": "", "text": "It's not really like google is stepping into a new business, it's still just a search function. They're taking one product (search) and making it more full featured.  This would be like TicketMaster being upset you could buy tickets directly from the venues website and you found the website through Google."}
{"_id": "109675", "title": "", "text": "Whole life in most instances is a very bad plan. It's marketed as a life insurance policy wrapped in an investment but it does neither very well. The hidden caveat of whole life is that the investment goes away if you die.  Say for example I have a $100,000 whole life insurance policy and over the years I have paid in enough to have a $15,000 cash value on the policy. If I die, my family gets $100,000 and the cash value is lost. With term life you can get a substantially higher amount of coverage for a smaller payment. If you invest the difference you end up not only with better coverage, but a better cash value from the difference if you don't die (which is what we all hope for anyways). As JackiYo said, your insurance should be designed around replacing lost income/value.  You should get 10x your annual income in term life insurance."}
{"_id": "109678", "title": "", "text": "This depends entirely on what the market guesses the news will be and how much of that guess has already been factored into the price. There is no general answer beyond that.  Note that this explains the apparently paradoxical responses where a stock good down on good news (the market expected better) or up on bad news (the market expected worse)."}
{"_id": "109684", "title": "", "text": "\"I once saw a graph somewhere on data is beautiful regarding this, and decided to do a bit of math.   If the US \"\"got their money's worth\"\" (i.e I took the average dollars/person and average life expectancy, and created a dollars/year of life), the amount we spend on health care would make us nearly a millennium old each.\""}
{"_id": "109690", "title": "", "text": "Apple's strategy in India has been bad over the years.   Initially, their official launches of their phones was nearly 1 year late. So people who wanted those phones either got them by going overseas or getting it through someone. Or black markets, without official warranties.  Then they tried to do the same kind of marketing like in US, of carrier-specific phones which are not even subsidised, totally ignoring the norms of the Indian markets (most phones are sold separately from the mobile plans). Why would anyone in the right mind buy a full priced phone and still get stuck with one company's overpriced iphone specific plan only? or buy an older iphone with subsidised mobile plan?  Apple strategy has to take the primary blame."}
{"_id": "109698", "title": "", "text": "If your looking to get a Mac Book Pro with retina display, now's the time.  The Samsung retina panels are the ones that don't have the issues and you have a 50/50 shot of getting either getting a Samsung or an LG one when you buy.  However, with this news, its your last shot it would seem."}
{"_id": "109715", "title": "", "text": "Already prevalent in US work culture. Adderall is hell of a drug. You think those Silicon Valley kids are burning the midnight oil by their own sheer will? I can't count on two hands the number of startup founders I've meet that take Adderall and Ambien regularly."}
{"_id": "109729", "title": "", "text": "The Indian Scout motorcycle was popular in all over the world from 1920 until 1939. Indian 101 Scout motorcycles were used by police, motorcycle racers, and during the second  World War. During the war, Indian motorcycle has best engines, motors for boats, air conditioners, and bicycles. Probably the most revered Indian Scout motorcycle was the 1928 101 Scout, with its lower shove frame and improved handling. This shows the speed and toughness of Indian Scout motorcycle."}
{"_id": "109750", "title": "", "text": "It's none of the school's business what your agreement is with your current employer. It's an odd request and would raise a flag to me about their ability to run a business/school logically and other odd/absurd business practices you may uncover or ways they may treat employees."}
{"_id": "109754", "title": "", "text": "Expensing a transfer of funds is incorrect. That will affect the Profit/Loss (Income) statement when you transfer it out and back in, which you do not want, at least for the principle. The interest should be recorded as a interest income. The general way to account for transferring money is to credit the originating account, and debit the destination account. This will only affect the balance sheet accounts. For example: Transferring (buying) 10,000 worth of fix term bank deposits Interest is paid: The bank deposit reaches maturity, so the principle is returned, with the final interest payment. The accounts Checking account and Fixed term bank deposit are asset accounts, which show up on the balance sheet. The Interest income is an income account, which will show up in the income statement. This is how a fixed term/CD is usually recorded. In certain cases, where the business must follow an accounting standard, this may very well be insufficient, but this situation will be unlikely if it's a small private sports club. Having said that, double check to make sure what you've stated is indeed correct, and look back into the past entries to see how it was dealt with before, especially since you said this bookkeeping job is temporary. I would strongly advise against changing non-recent entries, even if they are incorrect. For the insurance payments, that would depend on how the damaged assets were accounted for. It's a little hard to say without more detail-- the extent of the damage, how the diminished value was accounted for in the books, the cost of repair materials, etc."}
{"_id": "109777", "title": "", "text": "I feel like this is probably a good thing.   But:  I'm not sure it's going to lower the gender wage gap.  For starters: Women tend to make more than men in their early 20's. So women's **prior** salaries are often actually higher than men's at a certain point in their lives. Later on, of course, men tend to make more. But you could make the argument that asking about prior salaries actually *helps* women in their *early to mid* careers.  Secondly: The gender wage gap for same-skills/same-position is really, really narrow. So asking prior salaries would only seem to work in instances where the candidate was switching careers. Which is to say, it wouldn't help narrow the gender wage gap very often.  Lastly: This helps men just as much as women (which is a good thing, btw) and so it's not really a gender-related law.  All in all it seems like a good law though. HR departments are going to hate it though. And I bet they share data anyway and get around it without asking."}
{"_id": "109788", "title": "", "text": "There is nothing called actual, unless you convert currency. There are real offer rates that are slightly different from Bank to Bank. Search Engines give a generic average value based on the sites they are trust / have tie-up with. Banks don't use google or search engines to get the basis, they have quite a bit more info and there is a specific Treasury function that would look at the trend and give out a huge spread between buy and sell."}
{"_id": "109792", "title": "", "text": "Here I am in China as a head teacher turning 30 next week.  I gotta ask myself if he is really happy.  I have an easy life, I'm paid and treated with respect and I'm doing okay.  I can't imagine the burden of responsibility he must be feeling right now.  If he made it there at 29 he must be an exceptional individual.  I wish him the best of luck."}
{"_id": "109796", "title": "", "text": "You might have better luck using Quandl as a source.  They have free databases, you just need to register to access them.  They also have good api's, easier to use than the yahoo api's Their WIKI database of stock prices is curated and things like this are fixed (www.quandl.com/WIKI ), but I'm not sure that covers the London stock exchange.  They do, however, have other databases that cover the London stock exchange."}
{"_id": "109814", "title": "", "text": "\"I have a degree in International Economics. No matter how deep of a dive into economics you take, at the end of the day a job is still a voluntary contract between two consenting adults, so stop with the \"\"not fair\"\" bullshit.\""}
{"_id": "109828", "title": "", "text": "\"She can't afford the house she's living in either. A $2,200 payment is about a $400K to well over half a million dollar home depending on her interest rate. Her housing costs should be at most 30% of her take home income, which is about $1,020 and would ***ONLY*** allow her to be able to afford to share a multi-bedroom apartment in Santa Cruz. Homes start in the $400K Range in that areas and go into the (tens of) millions of dollars.  The $700/ month loan issue is bad but that house is going to be the final nail in the coffin the moment home repairs need to be done and she can't afford to do them.  Personally I gave up trying to make the housing situation work out here in the Bay Area. My rent is jumping from $2,300 to $2,600 next month right over the hill in Santa Clara. I decided to buy a decent, modest, house in a great city the Midwest. Mortgage before property taxes and insurance is only $1,100. Out here in California it would be valued at an $800K to $900K home easily with  close to a $5,500 mortgage payment. No thanks.  If anything these articles are a good example of people playing fast and loose with their personal finances. The woman in the article is simply living beyond her means. Credit lets you pretend that you're of larger means than you really are for only so long. I made the choice to fund my retirement and pay off a home, rather than sunshine and  close proximity to the beach.   As the woman in the article mentioned: &gt;\"\"I will be working *for as long as I'm employable*. I will never be able to retire,  At her age it may not be very long until she finds herself unemployable. She's right about never retiring, she spent her retirement living some place she couldn't afford to live, while obtaining an education she couldn't afford to pay for.\""}
{"_id": "109837", "title": "", "text": "\"hahah \"\"Delta called the 737-7 MAX uneconomical vs CSeries,\"\"  Hmmmmmmmm... maybe because their competition was **subsidized**?!  Production numbers are meaningless too.  They could have been influenced by the understanding that a direct competitor was able to make products below cost because of Canadian subsidies.\""}
{"_id": "109838", "title": "", "text": "Lol I'm not even talking about no government (although that's ideal) you're just retarded to think income tax is the ONLY way to fund a government. Like I said before a federal sales tax would more than suffice and in a lot of cases would work better but please by all means continue to live in ignorance. Just because things have been done a certain way for a long time doesn't mean it's the best or most efficient way."}
{"_id": "109852", "title": "", "text": "\"I love John's answer, but I just can't help myself from adding my 2 cents, even though it's over 5 years later. I sold cars for a while in the late 90s, and I mostly agree with John's answer. Where I disagree though, is that where I worked, the salesperson did not have ANY authority to make a sale. A sales manager was required to sign off on every sale. That doesn't mean that the manager had to interact with the buyer, that could all be handled behind the scenes, but the pricing and even much of the negotiating strategies were dictated by the sales managers. Some of the seasoned salespeople would estimate numbers on their own, but occasionally you'd hear the managers still chew them out with \"\"I wish you wouldn't have said that\"\". Of course, every dealership is different. Additional purchase advice: There is a strategy that can work well for the buyer, but only in scenarios where the salesperson is trying to prevent you from leaving. They may start interrupting you as you are packing up, or blocking your path to the door, or even begging. If this happens, they are obviously desperate for whatever reason. In this case, if you came prepared with research on a good price that you are comfortable with, then shoot lower and hold firm to the point of near exhaustion. Not so low that that they realize you're too far away- they will let you leave at that point. It needs to be within a reasonable amount, perhaps at most 1-2% of the purchase price. Once you detect the salesperson is desperate, you finally move up to your goal number or possibly a little lower. Typically the salesperson will be so happy to have gotten you to move at all that they'll accept. And if the managers are fed up too (like 45 minutes after close), they'll accept too. I saw this happen multiple times in a high pressure scenario. I also used it once myself as a buyer. If you are planning to purchase options that can be added at the dealer rather than from the factory, keep them up your sleeve at first. Get your negotiations down to where you are a little further apart than the invoice price of the option, then make your move. For example, suppose the option you want retails for $350 with an invoice of $300. Get within about $400 of the dealer. Then offer to pay their price, but only if they throw in the option you want. This will throw them completely off guard because they didn't expect it and all of their calculations were based on without it. If they say yes, you effectively moved $100 and they moved $300. It's much more likely that they'll agree to this than taking $300 off the price of the car. (I'm guessing the reason for this is partially due to how their accounting works with sticker price vs aftermarket price, and partially psychological.) Note, this works best with new cars, and make sure you only do this if it's for items they can add after the fact. Even if they don't have the part in stock it's ok, they can give you an IOU. But if the option requires a car change to something they don't have on the lot, it will probably just make them mad.\""}
{"_id": "109858", "title": "", "text": "ADP is a private company that handles a lot of payroll operations for bigger businesses. Because they service so many businesses, they can get a decent estimation of how the job market is as a whole based on what they're seeing with their clients.   So ADP's numbers are an estimate, their own experiences extrapolated to estimate the behavior of the economy as a whole.   The official figures pull data from more sources and is likely more accurate. And it's seasonally adjusted."}
{"_id": "109860", "title": "", "text": "No. You should only donate appreciated stock. If you own a stock at a loss, you can only deduct the FMV (fair market value) when you donate. Instead, you should sell it, take the loss on your taxes, and donate the cash."}
{"_id": "109880", "title": "", "text": "\"Victor addressed the card issue with an excellent answer, I'd like to take a stab at the budget and income side.  Your question clearly stated \"\"I am left with no extra money\"\" each month. Whenever I read such an assertion, I ask the person, \"\"but surely, X% of people in your country get by on a salary that's 95% of yours.\"\" In other words, there's the juggling of the debt itself, which as Victor's math shows, is one piece of the puzzle. The next piece is to sift through your budget and find $100/mo you spend that could be better spent reducing your debt. Turn down the temperature in the winter, up in the summer, etc. Take lunch to work. No Lattes. Really look at the budget and do something.  On the income side. There are countless ways to earn a bit of extra money. I knew a blogger who started a site called \"\"Deliver away Debt.\"\" He told a story of delivering pizza every Friday and Saturday night. The guy had a great day job, in high tech, but it didn't lend itself to overtime, and he had the time available those two evenings to make money to kill off the debt he and his wife had. Our minimum wage is currently just over $7, but I happened to see a sign in a pizza shop window offering this exact position. $10/hr plus gas money. They wanted about 8 hours a weekend and said in general, tips pushed the rate to well over $15/hr. (They assumed I was asking for the job, and I said I was asking for a friend). This is just one idea.  Next, and last. I knew a gal with a three bedroom small house. Tight budget. I suggested she find a roommate. She got so many responses, she took in two people, and the rents paid her mortgage bill in full. Out of debt in just over a year, instead of 4+. And in her case, no extra hours at all.  There are sites with literally 100's of ideas. It takes one to match your time, interest, and skill. When you are at $0 extra, even finding $250/mo will change your life.\""}
{"_id": "109903", "title": "", "text": "It depends on the relative rates and relative risk. Ignore the deduction. You want to compare the rates of the investment and the mortgage, either both after-tax or both before-tax. Your mortgage costs you 5% (a bit less after-tax), and prepayments effectively yield a guaranteed 5% return. If you can earn more than that in your IRA with a risk-free investment, invest. If you can earn more than that in your IRA while taking on a degree of risk that you are comfortable with, invest. If not, pay down your mortgage. See this article: Mortgage Prepayment as Investment: For example, the borrower with a 6% mortgage who has excess cash flow would do well to use it to pay down the mortgage balance if the alternative is investment in assets that yield 2%. But if two years down the road the same assets yield 7%, the borrower can stop allocating excess cash flow to the mortgage and start accumulating financial assets. Note that he's not comparing the relative risk of the investments. Paying down your mortgage has a guaranteed return. You're talking about CDs, which are low risk, so your comparison is simple. If your alternative investment is stocks, then there's an element of risk that it won't earn enough to outpace the mortgage cost. Update: hopefully this example makes it clearer: For example, lets compare investing $100,000 in repayment of a 6% mortgage with investing it in a fund that pays 5% before-tax, and taxes are deferred for 10 years. For the mortgage, we enter 10 years for the period, 3.6% (if that is the applicable rate) for the after tax return, $100,000 as the present value, and we obtain a future value of $142,429. For the alternative investment, we do the same except we enter 5% as the return, and we get a future value of $162,889. However, taxes are now due on the $62,889 of interest, which reduces the future value to $137,734. The mortgage repayment does a little better. So if your marginal tax rate is 30%, you have $10k extra cash to do something with right now, mortgage rate is 5%, IRA CD APY is 1%, and assuming retirement in 30 years: If you want to plug it into a spreadsheet, the formula to use is (substitute your own values): (Note the minus sign before the cash amount.) Make sure you use after tax rates for both so that you're comparing apples to apples. Then multiply your IRA amount by (1-taxrate) to get the value after you pay future taxes on IRA withdrawals."}
{"_id": "109915", "title": "", "text": "IANAL; perhaps some form of fraud.  They are making appointments under false pretense costing Lyft time and money.  However, I believe you are limited to recouping the lost value.  So how much does a false appointment cost, probably not enough to justify pursuing."}
{"_id": "109918", "title": "", "text": "\"I understand that, but in a field where so many do go by DJ [insert name] it can be a little off. I agree in almost any other case it wouldn't make any difference. When it comes to performers I think it's better to have their name accurately displayed, as it is their brand they are representing. Not a big deal, really. Just thought it was weak to not notice that when researching the piece. I think \"\"electronic artist\"\", \"\"musician\"\" or something else in that vein would have been better.   Then again, I work in that industry so I'm probably just being nitpicky.   **Edited for grammar**\""}
{"_id": "109937", "title": "", "text": "we have massive numbers of people out of work and our infrastructure is crumbling.  We put people to work just like we did in the 30's; our infrastructure gets fixed and so does our economy.  I totally agree that for an economy to grow we have to make more stuff.  We're not making the stuff now because people cannot afford to purchase it.  If given funds, people would purchase stuff, and stuff would get made.  This got us out of them great depression and has kept Scandinavia strong, and even got Iceland out of it's terrible brush with Libertarianism.  Brazil is becoming a first world powerhouse by this sort of redistribution.  Redistributing money down the ladder has the benefit of working.    Austerity leads to Greece.  And Spain. And Portugal. And Ireland.  But not Germany, because they deficit-spent their way out of their recession."}
{"_id": "109938", "title": "", "text": "\"I'm going to start with your title question: How can home buying be considered a sound investment with all of that interest that needs to be paid? If taken literally, this is a loaded question because if you pay cash for a home, you don't pay any interest. Furthermore, if your interest rate is 3% for 10 years you won't pay nearly as much interest as you will if your rate is 10% for 30 years, so \"\"all of that interest\"\" is relative to your personal situation. Having said that, of course I understand what you mean. Most people pay interest, and interest is expensive, so how do you calculate if it's worth it? That question has been asked and answered, but for your particular situation, you really have two separate questions: I believe you should answer these questions independently. If you move far away, it's probably the case that you can save a lot of money by either renting or buying in that location. So you should first consider if it's worth it to move, and then if it is, decide if it's worth it to rent or buy. If you decide not to move far away, then decide if maybe you can save money by renting somewhere near your current home. Since it sounds like if you move you may have to become a landlord, living close by to your tenant may also make it easier to deal with problems when they arise.\""}
{"_id": "109967", "title": "", "text": "Good deal - glad to help.  It seems little is discussed and even less is actually known about this part of the back office. I've found a bit of recon and certain other ops exposure is invaluable no matter where you want to end up in a firm.  [FINRA 4523 \\(pdf\\)](http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p123733.pdf) was the latest buzz at the office earlier this year."}
{"_id": "109968", "title": "", "text": "\"i think separate accounts is the simplest way to go. if the tax breaks are significant, then the inconvenience should be worth it.  you could gift or loan money back and forth. done properly, it should be technically legal (or grey enough to not cause irs trouble). specifically, they could gift you 100k$ in january and then you could gift them 110k$ in december, leaving a net gift of 10k$ for the year from you to them, which is under the annual gift tax exclusion. based on market performance, you could gift back exactly enough to hit the gift tax exclusion and keep the rest in their \"\"account\"\" with you. loans would work similarly, but the irs tends to treat undocumented or interest-free loans as weird gifts. but honestly, you might just be trading day-to-day overhead for tax audit risk. lastly, no offense meant, but i suspect that your strategy is probably just some form of martingale betting system, and you might cause some serious family strife when you eventually meet your gambler's ruin. even if everything goes smoothly, it would take some serious trust for your family to assume that you only netted them 10% roi, when your spending habits make it look like you are getting 30%. even if you used a single account, documenting the trades to their satisfaction might be more hassle than maintaining a separate account. personally, i would not trade family accord for another 2% roi.\""}
{"_id": "109973", "title": "", "text": "Yes, R&amp;D is a cost center. It is the very definition of a cost center.  I think you need to go back to business school... or even simply click the link I posted above (**which by the way explicitly lists R&amp;D and IT as examples of a cost center, so it is plainly obvious you did not read it)** - then you can revisit this conversation."}
{"_id": "109974", "title": "", "text": "That happens in a lot of cities, I been to south america and some places you had houses going for a million and just a few miles away there was an actual slum  Supply and demand, still orlando isn't as insane as the bay area"}
{"_id": "109982", "title": "", "text": "Something that's come up in comments and been alluded to in answers, but not explicit as far as I can tell: Even if your marginal tax rate now were equal to your marginal tax rate in retirement, or even lower, a traditional IRA may have advantages.  That's because it's your effective tax rate that matters on withdrawls. (Based on TY 2014, single person, but applies at higher numbers for other arrangements): You pay 0 taxes on the first $6200 of income, and then pay 10% on the next $9075, then 15% on $27825, then 25% on the total amount over that up to $89530, etc.  As such, even if your marginal rate is 25% (say you earn $80k), your effective rate is much less: for example, $80k income, you pay taxes on $73800.  That ends up being $14,600, for an effective rate in total of 17.9%. Let's say you had the same salary, $80k, from 20 to 65, and for 45 years saved up 10k a year, plus earned enough returns to pay you out $80k a year in retirement.  In a Roth, you pay 25% on all $10k.  In a traditional, you save that $2500 a year (because it comes off the top, the amount over $36900), and then pay 17.9% during retirement (your effective tax rate, because it's the amount in total that matters).   So for Roth you had 7500*(returns), while for Traditional the correct amount isn't 10k*(returns)*0.75, but 10k*(returns)*0.821.  You make the difference between .75 and .82 back even with the identical income.  [Of course, if your $10k would take you down a marginal bracket, then it also has an 'effective' tax rate of something between the two rates.] Thus, Roth makes sense if you expect your effective tax rate to be higher in retirement than it is now.  This is very possible, still, because for people like me with a mortgage, high property taxes, two kids, and student loans, my marginal tax rate is pretty low - even with a reasonably nice salary I still pay 15% on the stuff that's heading into my IRA.  (Sadly, my employer has only a traditional 401k, but they also contribute to it without requiring a match so I won't complain too much.)  Since I expect my eventual tax rate to be in that 18-20% at a minimum, I'd benefit from a Roth IRA right now. This matters more for people in the middle brackets - earning high 5 figure salaries as individuals or low 6 figure as a couple - because the big difference is relevant when a large percentage of your income is in the 15% and below brackets.  If you're earning $200k, then so much of your income is taxed at 28-33% it doesn't make nearly as much of a difference, and odds are you can play various tricks when you're retiring to avoid having as high of a tax rate."}
{"_id": "110023", "title": "", "text": "The actual physical act of obtaining the sequence data isn't the cause of the delay.  The current estimates of 8 - 10 weeks for tumor genome sequencing are mainly due to the data processing.    Pooling data and processing power would actually be a huge advantage in this.  After you have all the sequencing data, you need to identify changes in the tumor, and then determine what exactly they mean (the really difficult part).  If centers around the world pool their data, and correlate it to clinical information, the data set expands exponentially which helps everyone.  Otherwise, each center will have their own data set, which will probably get published eventually, but there will be a huge delay before this information gets to the appropriate people, where it can help.  Data pooling of this sort is already done in a lot of other cases, cytogenetic arrays, newborn screening, etc."}
{"_id": "110029", "title": "", "text": "\"He wants to send me money, as a gift. Do you know this friend? It could easily be a scam. What I don't know is that how much money can he send and what are the taxes that would be applicable in this case? There is no limit; you have to pay taxes as per your tax brackets. This will be added as \"\"income from other sources\"\". I'll probably be using that money to invest in stock market. If the idea is you will make profits from stock market and pay this back, you need to follow the Foreign Exchange Management Act. There are restrictions on transfer of funds outside of India.\""}
{"_id": "110046", "title": "", "text": "Everybody on the car title will need to participate in the selling process. The person who is buying the car will need everybody to sign the paperwork so that nobody months later tries to say they never agreed to sell the car. The money will have to be sent to the lender to pay off the rest of the loan. If the money isn't enough to pay off the loan everybody will have to decide how the extra money will be sent to the lender. This will have to be done as part of the selling process because the lender doesn't want you to sell the car and keep the cash. Once the car is gone so is the collateral and they can't take it back if you miss payments.  If the cousin is too far away to participate in the selling of the car, you may need the buyer and the lender to tell you how to proceeded. If you are selling at a dealership they will know what documents and signatures will be needed, the bank will also know what to do. If the loan is almost paid off it may be easier to pay the loan first, and then get the title without the lenders name before trying to sell it."}
{"_id": "110061", "title": "", "text": "It depends and I would not just jump into conclusion as I have seen cases where offering some services are not U.S. sourced income. I'll advise you speak with a knowledgeable tax professional."}
{"_id": "110076", "title": "", "text": "11.5 million jobs haven't been lost. It says the industry shrunk to 11.5 million. Big difference. I just want that to be made clear. The consensus is that around 2.5 million manufacturing jobs were lost this decade due to trade with China. [Source](http://www.fas.org/sgp/crs/row/RS21625.pdf)."}
{"_id": "110078", "title": "", "text": "If you buy stock in established companies, it is vey unlikely that they will lose all their value. Spreading your money across multiple stocks -- diversifying -- reduces that risk because it is extremely unlikely that they all lose all their value at once. Spreading them across multiple industries and adding bonds to the mix increases diversification. Of course the trade-off is that if one of the stocks skyrockets you don't benefit as much as if you had been lucky enough to put all your money in that one stock.  You need to decide for yourself how much risk you are willing to tolerate in exchange for the chance of gains.  Other answers on this site have dealt with this in more detail."}
{"_id": "110081", "title": "", "text": "\"It really depends on the answers to two questions: 1) How tight is your budget going to be if you have to make that $530 payment every month?  Obviously, you'd still be better off than you are now, since that's still $30 cheaper. But, if you're living essentially paycheck to paycheck, then the extra flexibility of the $400/month option can make the difference if something unforeseen happens.  2) How disciplined (financially) have you proven you can be? The \"\"I'll make extra payments every month\"\" sounds real nice, but many people end up not doing it. I should know, I'm one of them. I'm still paying on my student loans because of it. If you know (by having done it before), that you can make that extra $130 go out each and every month and not talk yourself into using it on all sorts of \"\"more important needs\"\", then hey, go for it. Financial flexibility is a great thing, and having that monthly nut (all your minimum living expenses combined) as low as possible contributes greatly to that flexibility.  Update: Another thing to consider Another thing to consider is what they do with your extra payment. Will they apply it to the principal, or will they treat it as a prepayment? If they apply it to principal, it'll be just like if you had that shorter term. Your principal goes down additionally by that extra amount, and the next month, you owe another $400.  On the other hand, if they treat it as a prepayment, then that extra $130 will be applied to the next month's bill. Principal stays the same, and the next month you'll be billed $270.   There are two practical differences for you:  1) With prepayment, you'll pay slightly more interest over that 60 months paying it off. Because it's not amortized into the loan, the principal balance doesn't go down faster while the loan exists. And since interest is calculated on the remaining principal balance, end result is more interest than you otherwise would have paid. That sucks, but:  2) with the prepayment, consider that at the end of year 2, you'd have over 7 months of payments prepaid. So, if some emergency does come up, you don't have to send them any money at all for 7 months. There's that flexibility again. :-)  Honestly, while this is something you should find out about the loan, it's really still a wash. I haven't done the math, but with the interest rate, amount of the loan and time frame, I think the extra interest would be pretty minor.\""}
{"_id": "110097", "title": "", "text": "Make a menu of 15 (or more) things you like to eat.  Write a grocery list for what it takes.  Divide that list into perishable and non-perishable. Put those items into a calendar and try to stick to it. Depending on the amount of storage space you have, once a week fulfill your perishable list.  Use coupons and shop the sales to keep your prices down. On your way home, stop at the grocery store and buy only the perishables you will need that night for cooking.  I personally chose recipes that didn't always need fresh stuff (like canned tomatoes being good enough.) You spend more on the nightly stuff, but you make up some savings with the long term shopping.  Just count on going to the store for 10 minutes a night a part of your cooking routine.  I used to just look at the wall, but with an app like Evernote this would be pretty easy."}
{"_id": "110102", "title": "", "text": "http://www.ehow.com/about_4625753_cobra-as-selfemployed-health-insurance.html This link makes it clear... it has to be itemized, and is subject to the > than 7.5% AGI rule."}
{"_id": "110107", "title": "", "text": "I don't have a source for this, but intuitively more finance options could increase people's willingness to pay, which is akin to shifting the demand curve outwards, leading to an increase in price, all other things equal. Consider asking a variation of this question in /r/askeconomics for a better answer."}
{"_id": "110114", "title": "", "text": "All data for a single adult in tax year 2010. Roth IRA  401K Roth 401k Traditional IRA and your employer offers a 401k Traditional IRA and your employer does NOT offer a 401k So, here are your options. If you have a 401k at work, you could max that out.  If you make close to $120K, you could reduce your AGI enough to contribute to a Roth IRA. If you do not have a 401k at work, you could contribute to a Traditional IRA and deduct the $5K from your AGI similar to how a 401k works. Other than that, I think you are looking at investing outside of a retirement plan which means more flexibility, but no tax advantage."}
{"_id": "110117", "title": "", "text": "1: Gambling losses not in excess of gambling winnings can be deducted on Schedule A, line 28.  See Pub 17 (p 201).  Line 28 catches lots of deductions, and gambling losses are one of them.  See Schedule A instructions. 2: If the Mississippi state tax withheld was an income tax (which I assume it was), then it goes on Schedule A, line 5a.  In the unlikely event it was not a state or local tax on income, but some sort of excise on gambling, then it may be deductible on line 8 as another deductible tax.  It probably is not a personal property tax, which is generally levied against the value of things like cars and other movable property but not on receipts of cash; line 7 probably is not appropriate.  The most likely result, without researching Mississippi SALT, is that it was an income tax.  See Sched A Instructions for more on the differences between the types of taxes paid. Just to be clear, these statements hold if you are not engaging in poker as a profession.  If you are engaging in poker as a business, which can be difficult to establish in the IRS' eyes, then you would use Schedule C and also report business and travel expenses.  But the IRS is aware that people want to reduce their gambling income by the cost of hotels and flights to casinos, so it's a relatively high hurdle to be considered a professional poker player."}
{"_id": "110138", "title": "", "text": "\"Find a stock screener that has data for the BSE and NSE. You may be able to look directly at volatility but a good stock screener will have the technical analysis indicator called \"\"average true range\"\", ATR for short. This will let you see the average range of price moves over several days.\""}
{"_id": "110158", "title": "", "text": "\"Eh, farmers markets arent all they are cracked up to be. Perhaps because i live in cali where our \"\"farms\"\" are literally the same manufacturing facility that stocks safeway shelves.  I want a place to buy high end products.\""}
{"_id": "110159", "title": "", "text": "Yes, but, that math is still inconsistent.   . . . . . . . If you haven't figured out, I'm just messing with you.  :D   But, to answer your question.  The highest GDP is not being even accessed by all members of our nation.  Hence, some people are living a top 1st world nation, some are in moderate 2nd level nation; while a good chunk are living as though they are in a 3rd world/developing nation."}
{"_id": "110162", "title": "", "text": "\"The price of the last trade... Is the price of the last trade. It indicates what one particular buyer and seller agreed upon. There is absolutely no requirement that one of them didn't offer too much or demand too little, so this is nearly meaningless as an indication of what anyone else will be willing to offer or demand. An average of trades across a sufficiently large number of transactions might indicate a rough consensus about the value of a stock, but transactions will be clustered around that average and the average itself moves over time. Either you offer to sell or buy at a particular price, wait for that price, and risk the transaction not taking place at all if nobody agrees, or you do a spot transaction and get the best price at that nanosecond (which may not be the best in the next nanosecond). Or you tell the broker what the limits are that you consider acceptable, trading these risks off against each other. Pick the one which comes closest to your intent and ignore the fact that others may be getting a slightly different price. That's just the way the market works. \"\"If his price is lower, why didn't you buy it there?\"\" \"\"He's out of stock.\"\" \"\"Well, come back when I'm out of stock and I'll be unable to sell it to you for an even better price!\"\"\""}
{"_id": "110163", "title": "", "text": "Your best bet is to just look at comparative balance sheets or contact the company itself. Otherwise, you will need access to a service like PrivCo to get data."}
{"_id": "110187", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.yahoo.com/news/venezuela-govt-backers-attack-lawmakers-congress-165635225.html) reduced by 79%. (I'm a bot) ***** &gt; The government supporters reached as far as the corridors of the congressional building, striking and injuring at least three lawmakers.  &gt; El Aissami made an address in which he called on supporters of Maduro to come to the legislature to show support for him.  &gt; A crowd of Maduro supporters held a rally outside the building for several hours before breaking into the grounds.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lfnyt/venezuela_government_backers_attack_lawmakers_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~159951 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **support**^#1 **Maduro**^#2 **building**^#3 **Lawmaker**^#4 **three**^#5\""}
{"_id": "110198", "title": "", "text": "No. You can initiate SWIFT payments from Bank A, whenever Bank A is open for business. The transaction takes around 2-5 days for it to complete depending on the currency pair and countries involved. Once you initiate the payment, the Bank A sends it to SWIFT Network which in turn send it to Bank B. Whenever Bank B is open for business it would process the payment."}
{"_id": "110200", "title": "", "text": "Infrastructure is paid through private investment because it is believed to help stimulate the economy, now whether or not it stimulates the economy more or less then a public company is up for debate between economist.  http://www.politifact.com/truth-o-meter/article/2013/feb/15/government-jobs-vs-private-jobs-which-help-economy/ Btw- OF COURSE private investors are gonna do the bare minimum, every large company crunches pennies! It's the governments jobs to make sure all companies are following rule of law &amp; regulations and keep its citizens safe. maybe laws will change due to the hurricanes effect?"}
{"_id": "110202", "title": "", "text": "There's no additional income tax burden created when you decide to make Roth IRA contributions, your Roth IRA contributions are taxed at the same time all your income is taxed. If you earned that $100 by working a job, then your employer likely withheld taxes when they paid you. If you earned it through self-employment, then you'll pay estimated taxes on that income quarterly, etc. In any case when you file your annual tax return the actual taxes owed vs taxes paid gets reconciled and you're left with a refund or owe an additional sum."}
{"_id": "110206", "title": "", "text": "I'm arguing that proclaiming that everyone in a certain area is part of some collective agreement isn't the same as actually having a collective agreement. Therefore, no person has an obligation to pay for it if he/she does not want to be a part of it. And no, they don't have an obligation to take positive action to reject it."}
{"_id": "110215", "title": "", "text": "All sorts of conditions, yes. Most commonly is a limitation on the exercise date.  The two more common would be American which is exercisable any time, and European which are only exercisable on their expiry date. Sometimes they may be linked to the original asset, and might only be convertible to stock if that original asset is given/sold back to the company.  (Effectively perhaps making the bond convertible to stock). Lots more details on the Pedia, but in short, basically you need to read the warrant contract individually, as each will differ."}
{"_id": "110217", "title": "", "text": "Just tried to buy lunch with some gold dust. They said they only take US dollars.  Gold is really no different than fiat paper/digital or even cryptocurrencies. Outside of the industrial uses for it, of which there are many but not so many that it would use up all the gold that's been mined shy of just using up all the gold that's been mined to use up all the gold that's been mined, its value is also based on perception and perceived value.. ..no different than anything else someone wants and is willing to do x in order to get it.  When push comes to shove, other things contain way more value than gold, and gold is just *a* medium with which to exchange those things for.. But, again, only because people agree for it *to* be a medium they're willing to accept.  Again, you can't eat, drink, fuck, shelter, etc yourself with gold, you can only get food, drink, sex with it.. ..if the other party is willing to accept it which, today, wasn't the case.  https://www.coindesk.com/gold-investor-john-hathaway-cryptocurrencies-garbage/"}
{"_id": "110227", "title": "", "text": "Well, I see that *[ThatMoron](http://www.reddit.com/r/business/comments/uocxp/my_small_family_company_really_needs_help_with/c4xccg2)* gave you some interesting advice; but it sounds to me like some minor renovations to your existing app might be the best way for you to go. I recommend you look into *that* option. Is the person / company who originally built the system someone you can reach out to? Or, do you have the source code and the right to modify the software as part of what you purchased?  *Edit:* link"}
{"_id": "110230", "title": "", "text": "&gt;  live with dignity and have their basic needs covered shouldn't exist. &gt; But don't you think this position has the unintended  That's a good question.  Complex due to the fact that internships are abused.    I love the concept of apprenticeships and I think part-time work definitely has a place.  But even part-time work shouldn't be such that if it was stretched into full-time work that you wouldn't have a livable wage.    What are your thoughts on this?"}
{"_id": "110242", "title": "", "text": "Since the transaction was not your bank's mistake (but a decision by the Indian government) why should your bank bear the cost of the unsuccessful transaction? Your bank charged a fee for a service that you were willing to pay for. You might be able to negotiate a full or partial refund, and I have done the same with my own bank for fees that I didn't feel were appropriate.  Your bank will agree or not based on how much they value your business. If you are an otherwise profitable customer, they may agree to refund the fee."}
{"_id": "110243", "title": "", "text": "\"This is just trade warfare.   China is rejecting loads based on the presence of the \"\"Vipterra\"\" corn trait which is just another BT variant from Syngenta.   China has only rejected loads from America based on the presence of Vipterra despite every single load coming from Brazil and Argentina having this trait present. Vipterra is grown a ton in South America due to the very high insect pressure.\""}
{"_id": "110251", "title": "", "text": "Are you planning to have a dream home of your own? Don\u2019t compromise with the style and latest trends in home interiors and planning. Architects and interior designers in Gurgaon can suggest you numerous ideas for construction as well as interior decoration of your house."}
{"_id": "110270", "title": "", "text": "this is to prevent fraud, and there is likely nothing (through paypal) that you can do to speed up the process apart from making sure you verify all the accounts linked to PayPal (bank, credit, etc) and that your relatives do the same. Be mindful that Paypal is NOT intended as a large sum transfer service - they are a convenience for online payments. Using an established monetary transfer system (wire, etc) for this purpose in the first place would have saved some time at the expense of a convenience fee. Tax implications, etc all apply, etc."}
{"_id": "110273", "title": "", "text": "Thank you for the comment,  New markets open and close all the time, its interesting seeing the new characters appear here as a certain country demands a supply of a new certain product. You feel a bit ahead of the trends here sometimes in that respect.  Thanks"}
{"_id": "110282", "title": "", "text": "This answer assumes you're asking about how to handle this issue in the USA. I generally downvote questions that ask about a tax/legal issue and don't bother providing the jurisdiction. In my opinion it is extremely rude. Seeing that you applied for an LLC, I think that you somehow consider it as a relevant piece of information. You also attribute some importance to the EIN which has nothing to do with your question. I'm going to filter out that noise. As an individual/sole-proprietor (whether under LLC or not), you cannot use fiscal years, only calendar years. It doesn't matter if you decide to have your LLC taxed as S-Corp as well, still calendar year. Only C-Corp can have a fiscal year, and you probably don't want to become a C-Corp. So the year ends on December 31, and whether accrual or cash - you can only deduct expenses you incurred until then. Also, you must declare the income you got until then, which in your case will be the full amount of funding - again regardless of whether you decided to be cash-based or accrual based. So the main thing you need to do is to talk to a licensed tax adviser (EA/CPA licensed in your state) and learn about the tax law relevant to your business and its implications on your actions. There may be some ways to make it work better, and there are some ways in which you can screw yourself up completely in your scenario, so do get a professional advice."}
{"_id": "110283", "title": "", "text": "I suggest that you first decide on what %'s of the home value you each have a legal claim to. Then split the mortgage using the same %'s. Then, if someone feels their % is slightly higher, they are compensated because they 'own' a correspondingly higher share of the house. Use the same %'s for downpayments (which may mean that an 'adjustment' payment might be required to bring your initial cash outlay from 70/30 into the %'s that you agree to). Tenant income gets split the same way. Utilities are a bit more difficult - as heating depends more on square feet, but water and hydro depend more on how many people are there. You can try to be really precise about working out the %'s, or just keep it simple by using the same %'s as the mortgage."}
{"_id": "110297", "title": "", "text": "used to be, e.g. Merrill Lynch, whatever you had on account in equities could be written as a check on your Merrill account.  so if you had $500,000,000 in stocks/bonds but $200,000 in cash checking, you could still write a check for up to your portfolio's total value"}
{"_id": "110301", "title": "", "text": "Here's a sneak peek of /r/wallstreetbets using the [top posts](https://np.reddit.com/r/wallstreetbets/top/?sort=top&amp;t=year) of the year!  \\#1: [By Popular Request: if this post gets 5k upvotes, I will livestream the AAPL earnings. If it gets 10k upvotes, I will webcam myself during it.](https://np.reddit.com/r/wallstreetbets/comments/5qprhh/by_popular_request_if_this_post_gets_5k_upvotes_i/)   \\#2: [Upvote to ban all of Canada from the internet](https://np.reddit.com/r/wallstreetbets/comments/5rb9c7/upvote_to_ban_all_of_canada_from_the_internet/)   \\#3: [If this post gets over 3000 (3k) upvotes, we will bring back the rainbow dicks](https://np.reddit.com/r/wallstreetbets/comments/5e0ybw/if_this_post_gets_over_3000_3k_upvotes_we_will/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "110308", "title": "", "text": "\"I often find the one-star reviews on yelp help me determine whether or not I want to try the place more than the other reviews.  If the complaint is something completely unreasonable (e.g. long wait for brunch on Mother's Day), or an idiot who doesn't understand how that food is cooked or wine is served, then I completely discount the negatives.    The positive reviews are tough to judge by unless they are there en-masse.  I find hole-in-the-wall places to be nearly impossible to judge on Yelp, because there seems to be a hipster vibe of \"\"I like this place because nobody knows about it.\"\"  That said, if you take your time and read all reviews, you can get a pretty good sense of the place (at least in my experience).\""}
{"_id": "110343", "title": "", "text": "A mutual fund makes distributions of its dividends and capital gains, usually once a year, or seminanually or quarterly or monthly etc; it does not distribute any capital losses to its shareholders but holds them for offsetting capital gains in future years, (cf, this answer of mine to a different question). A stock pays  dividends; a stock neither has nor does it  distribute capital gains: you get capital gains (or losses) when you sell the shares of the stock, but these are not called distributions of any kind. Similarly, you incur capital gains or losses when you  redeem shares of mutual funds but these are not called distributions  either. Note that non-ETF mutual fund shares are generally not bought and sold on stock exchanges; you buy shares directly from the fund and you sell shares back (redeem them) directly to the fund.  All of the above transactions are taxable events for the year to you unless the shares are being held in a tax-deferred account or are tax-free for other reasons (e.g. dividends from a municipal bond fund)."}
{"_id": "110345", "title": "", "text": "The preapproval is the bank stating that they will loan you up to A with a down-payment of B for Y years at R rate. If you don't ned all the money that is great they will still give you the loan. You can keep the down-payment thew some amount of money or the same percentage of the purchase price whichever you want. For example: Preapproval of $200,000 and a down-payment of $50,000 (20%)  allows you to buy a house for $250,000. But you find one for $240,000, you can either: Neither of these needs a new pre-approval. In both cases your monthly payment will be lower than the original loan was expected to be. If you want to change to $200K for the loan and $40K for the down payment. or in other words decrease the percentage of down-payment; you might run into an issue that the bank doesn't think you have enough of your own money in the deal. Or you may now require PMI where you didn't previously. In this case they will need to re-approve you. Now if the price goes up the bank could require more money down, or may need to re-evaluate the loan."}
{"_id": "110355", "title": "", "text": "I'm not begrudging anyone for abiding by the law and minimizing their tax burden.  To do otherwise would amount to writing a check to the government, which is an asinine thing to do if you're concerned with actually changing the system.  You can speculate on his motivations, but he's gone out of his way to make his thoughts on the subject known, I have no reason to doubt the earnestness of his arguments.  Regardless, it's an impossible task to locate such an argument in a specific physical brain, all we need to do is show that such a thought process is theoretically sound in order to throw that premise into serious question.  &gt; Pray tell, what angel do you trust to make the decision of whether and to what extent systemic risk is introduced?  I'm skeptical that such an angel (or some distributed process accomplishing the same goal) exists.  But if the actuaries can't figure out a way to do it, then wouldn't that be cause to reevaluate the blind faith many people place in markets?"}
{"_id": "110360", "title": "", "text": "Less than 2 1/2% of all US currency actually exists.  The rest is digital entries.  In a financial crisis you'll need lots of rare cash.  Twenty dollar bills are the best choice.  Stash as many as you can afford to.  Best to stash in a anchored security safe.  And for goodness sakes, don't tell anyone."}
{"_id": "110367", "title": "", "text": "I'm an Aussie and I purchased 5 of these properties from 2008 to 2010. I was looking for positive cash flow on properties for not too much upfront investment. The USA property market made sense because of the high Aussie $$ at the time, the depressed property market in the US and the expensive market here.  I used an investment web-site that allowed me to screen properties by yield and after eliminating outliers, went for the city with the highest consistent yield performance. I settled on Toledo, Ohio as it had the highest yields and was severely impacted by the housing crisis. I bought my first property for $18K US which was a little over $17K AUD.  The property was a duplex in great condition in a reasonable location.  Monthly rentals $US900 and rents guaranteed and direct deposited into my bank account every month by section 8.  Taxes $900 a year and $450 a year for water. Total return around $US8,000.   My second property was a short sale in a reasonable area. The asking was $US8K and was a single family in good condition already tenanted.  I went through the steps with the bank and after a few months, was the proud owner of another tenanted, positive cash flow property returning $600 a month gross. Taxes of $600 a year and water about the same.  $US6K NET a year on a property that cost $AUD8K Third and fourth were two single family dwellings in good areas.  These both cost $US14K each and returned $US700 a month each.  $US28K for two properties that gross around $US15K a year.   My fifth property was a tax foreclosure of a guy with 2 kids whose wife had left him and whose friend had stolen the money to repay the property taxes.  He was basically on the bones of his butt and was staring down the barrel of being homeless with two kids.  The property was in great condition in a reasonable part of town.  The property cost me $4K.  I signed up the previous owner in a land contract to buy his house back for $US30K. Payments over 10 years at 7% came out to around $US333 per month.  I made him an offer whereby if he acted as my property manager, i would forgo the land contract payments and pay him a percentage of the rents in exchange for his services. I would also pay for any work he did on the properties.  He jumped at it.  Seven years later, we're still working together and he keeps the properties humming.  Right now the AUD is around 80c US and looks like falling to around 65c by June 2015.  Rental income in Aussie $$ is around $2750 every month. This month (Jan 2015) I have transferred my property manager's house back to him with a quit claim deed and sold the remaining houses for $US100K  After taxes and commission I expect to receive in the vicinity of AUD$120K  Which is pretty good for a $AUD53K investment.  I've also received around $30K in rent a year. I'm of the belief I should be buying when everybody else is selling and selling when everybody else is buying.   I'm on the look-out for my next positive cash flow investment and I'm thinking maybe an emerging market smashed by the oil shock.   I wish you all happiness and success in your investment. Take care. VR"}
{"_id": "110371", "title": "", "text": "There are a few things you should keep in mind when getting another vehicle: DON'T use dealership financing. Get an idea of the price range you're looking for, and go to your local bank or find a local credit union and get a pre-approval for a loan amount (that will also let you know what kind of interest rates you'll get). Your credit score is high enough that you shouldn't have any problems securing a decent APR. Check your financing institution's rules on financing beyond the vehicle's value. The CU that refinanced my car noted that between 100% and 120% of the vehicle's value means an additional 2% APR for the life of the loan. Value between 120% and 130% incurred an additional 3% APR. Your goal here is to have the total amount of the loan less than or equal to the value of the car through the sale / trade-in of your current vehicle, and paying off whatever's left out of pocket (either as a down-payment, or simply paying off the existing loan).  If you can't manage that, then you're looking at immediately being upside-down on the new vehicle, with a potential APR penalty."}
{"_id": "110380", "title": "", "text": "So we just need to increase revenue.  There's plenty of cash in the USA.  High line condos and Ferrari sports cars are flying off the shelf where I live.  People can't get their fill of them.   Somehow that does not jibe with the notion that the USA can't afford to take care of its elderly, does it?"}
{"_id": "110386", "title": "", "text": "\"Stop spending on the CC with the revolving balance.   After the discussion below I feel I should clarify that what I am advocating is that you make your \"\"prepayment\"\" (though I disagree with calling it that) to the existing CC.  Then, rather than spending on that card, spend somewhere else so you won't accrue any interest related to your spending.  At the end of the month, send any excess to the account that has a balance.  This question is no different than I have $X of cash, should I let it sit in a savings account or should I send it to my CC balance?  Yes, 100%, you should send this $750 to your CC balance.  Then, stop spending on that CC and move your daily spending to cash or some other place that won't accrue interest at all. The first step to paying off debt is to stop adding to the balance that accrues interest.  It's not worth the energy to determine the change in the velocity of paydown by paying more frequently when you could simply spend on a separate card that doesn't accrue any interest because you pay the entire balance every month. The reason something like this may be advisable on a HELOC but not a CC is the interest rate.  A HELOC might run you 4% or 5% while your CC is probably closer to 17%.  In one situation your monthly interest is 0.4% and in the other your monthly interest is 1.4%.  The velocity of interest accrual at CC rates is just too high to justify ever putting regular spending on top of an existing revolving balance.  Additionally, I doubt there is anyone who is advocating for anyone to charge their HELOC for daily spending.  You would move daily spending to somewhere that isn't accruing interest no matter what.  You would use a HELOC to pay down your CC debt in a lump or make a large purchase in a lump.  Your morning coffee should never be spent in a way that will accrue interest immediately, ever. Stop spending on the CC(s) that are carrying a balance. (period) Generally credit cards have a grace period before interest is charged.  As long as a balance isn't carried from one statement period to the next you maintain your grace period.  If you spend $100 in the first month you have your card, say the period is January 1 to January 31, you'll get a statement saying you owe $100 for January and payment is due by Feb 28.  If you pay your $100 statement balance before February 28 you won't pay any interest, even if you charged an additional $500 on February 15; you'll simply get your February statement indicating your statement balance is $500 and payment is due by March 31, still no interest.  BUT.  If you pay $99 for January, leaving just a single dollar to roll over, you now owe interest on your entire average daily balance.  So now you'll receive your February statement indicating $501 + interest on approximately $233.14 of average daily balance ($1 carried + $500 charged on Feb 15) due by March 31.  That $1 you let roll over just cost you $3.26 in interest ($233.14 * 0.014).  AND.  Now that balance is continuing to accrue interest in the month of March until the day you make a payment.  It typically takes two consecutive months of payment-in-full before the grace period is restored. There is no sense in continuing to spend on a CC that is carrying a balance and accruing interest even if you intend to pay all of your current month spending entirely.  You can avoid 100% of the interest related to your regular spending by simply using a different card, and no rewards will beat the interest you're charged.\""}
{"_id": "110387", "title": "", "text": "\"Yes. \"\"There is, ...no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services.\"\" Taken from the US Department of the Treasury.\""}
{"_id": "110393", "title": "", "text": "Canadian here: the US is our biggest customer, so we were impacted economically. I expected that within a year or two of the US housing collapse, we would also be hit, but something else happened: when the US dropped interest rates like a stone, we were also forced to drop interest rates. This meant that suddenly, money was being handed out for very very cheap, so cheap it was almost free if you had a decent job and good credit. The housing market here paused for a brief moment, and then continued climbing. It never stopped until some new rules were implemented, aimed mostly at foreign buyers and investors, and put in place this year. It appears however that this current drop in prices may be a temporary dip. The average cost of a home in Toronto is still around $1m CAD, and our real estate is still among the most expensive in the world if you look at how much we pay compared to our incomes.  In some places, houses have basically tripled over the past decade.  My point here is that Canadian home owners were not impacted negatively by the 2008 crisis. In fact, once the free money started flowing and prices went up accordingly, Canadian home owners were enriched as a direct result of the 2008 US housing crisis. The situation is clearly unsustainable, and the market is irrational. It's easy to say that we are in a bubble but it is  impossible to tell when it will crash. In Canada, it's harder to walk away from mortgage debt; if you're underwater on your home, and the bank forecloses on you and sells the house for less than you owe, you still owe the bank the remainder of the money (in most provinces)."}
{"_id": "110394", "title": "", "text": "Pick one stock (probably within Utilities) and know it well. Understand what it trades on (EV / EBITDA, P / E, P / Rev) and why. What are the typical margins for the industry? What are rev growth trends? What isn't priced in? I think studying one company deeply would be helpful  Other things to look at would be how your fund is structured, what it's benchmark is, voting structure, and how ideas are sourced  Good luck!"}
{"_id": "110400", "title": "", "text": "It seems you understand the risks, it seems like a fine enough idea.  Hopefully it works out for you. However, you may want to talk to a few local banks about getting a short term home equity loan.  I know someone who was able to do this getting a very low rate for 7 years.  At the time of the loan, the prevailing rate for a 15 year was 3.25, but they were able to get the HEL at 2.6 fixed.  There was no closing costs. The best part about it was the payment was not that much more.  While going from ~1200 to ~1800 is a 50% increase it was not that much in dollars in relationship to his household income.   Note that I did not say Home Equity Line of Credit, which are vairable rates and amount borrowed."}
{"_id": "110412", "title": "", "text": "Therein lies the risk MoviePass is taking.  They are basically going long on the idea that a $10/person/month subscription is the only way to see a theatrical showing.  In order to convince the theaters to play along, they are going to have to demonstrate that they move the needle on attendance such that even without the subsidy, the added concession sales would make it worthwhile for the theaters.  Before they burn through their subsidy money."}
{"_id": "110420", "title": "", "text": "No kidding, I'm shocked. /s  The flipper boom after the 2008 downturn basically means that anything affordable gets snapped up by an investor in a cash sale, they do some half-assed renovations, and then turn and sell it for double the original price. They out-compete low-end buyers during purchase, even if those buyers have outstanding credit, and then they move the house out of reach of those very buyers.  $300k - $600k houses are everywhere around here. What isn't available are reasonably priced houses under $300k that might need some minor updating. Anything under that you can actually purchase is probably something barely above occupancy standards.  There is *no* incentive to build or renovate affordable low end houses. None."}
{"_id": "110429", "title": "", "text": "So yes, changing the industry this dramaticallyAnd that would be great if they could get a car in they sub 20k class, and assuming the government continued to give energy credits for ev. Trump could shut that down (although why pick a fight with US auto makers?)   That said, the point of these announcements is to set the stage for infrastructure. Let the oil companies know that in 10 years they will lose half their auto market, so they need to migrate their investments to fleet and jet fuels, chemicals and power generation, diversify assets and investments, etc. Sucks but definitely survivable, but yes, they will fight so 2023 will be more like 2033. Next of course is electronic filling stations, which is where the oil companies really need to invest in, as well as gain investment in the power grid (which will also need to be ramped up, especially in rural areas, many of which were not even prepared for air conditioning in all residences). and of course you have battery technology, which requires lithium and other rare earth metals (or ideally new organic based alternatives) and the concerns with crash/explosion/fire and toxic spills... Gas is the devil we know, batteries on a mammoth scale and the environmental impact with the number of serious crashes we have...  So yes, don't get excited about what they are gonna do, but understand the implications of such an announcement."}
{"_id": "110454", "title": "", "text": "Obama's economy and the propaganda campaign telling people how good they had it lead to Trump. On this subreddit the propaganda was at a fever pitch in 2016. You don't see it much other than in the crazy level of downvotes they do now to bury those stories."}
{"_id": "110457", "title": "", "text": "Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy."}
{"_id": "110465", "title": "", "text": "\"Consider that there are some low-probability, high-impact risk factors involved with property management. For example, an old house has lead paint and may have illegal modifications, unknown to you, that pose some hazard. All of your \"\"pros\"\" are logical, and the cons are relatively minor. Just consult an attorney to look for potential landmines.\""}
{"_id": "110466", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://voxeu.org/article/ideas-aren-t-running-out-they-are-getting-more-expensive-find) reduced by 93%. (I'm a bot) ***** &gt; More than 20 times as many researchers are needed today to generate about the same amount of productivity growth as 80 years ago.  &gt; The input required to do this - the number of researchers required - is today more than 18 times larger than the number required in the early 1970s.  &gt; These days, pushing the frontier of knowledge out requires mastering an ever-larger body of knowledge, meaning that students have to stay longer in university, and researchers increasingly work in larger teams whose members are more specialised.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72exha/research_ideas_arent_running_out_but_they_are/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216408 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **research**^#1 **growth**^#2 **productivity**^#3 **measure**^#4 **idea**^#5\""}
{"_id": "110470", "title": "", "text": "Ive had Sprint for as long as Ive had a cellphone and Ive never had any issues with reception or dropped calls.  I get service in basements and cemented locker rooms where most others do not.  I also get a nice military discount.  I dont own any Apple products so not having the iPhone was never an issue for me.  I've also always had great customer service with Sprint.  Can't say anything about the other networks but I very much enjoy Sprint."}
{"_id": "110477", "title": "", "text": "They are definitely effective but one of their stated goals is to devalue the company far enough that the old CEO can purchase it outright if the board will not relent. I'd be concerned that the company's balance sheets would be crippled beyond recovery by that point.  &gt; \u201cThis is better than a union,\u201d she said. \u201cAnd it\u2019s free,\u201d added a worker standing beside her.  I do love this line, American labor unions are terribly corrupt and I doubt they'd ever accomplish something as powerful as this voluntary action."}
{"_id": "110501", "title": "", "text": "If there was a one click type thing that was ***easy*** to use and ***trustworthy*** I would happily pay micro-payments for quality content.  I'd say ease of use and trust are bigger barriers to me than the actual payment."}
{"_id": "110503", "title": "", "text": "\"We payed off our Mortgage early...at first in small extra payments to principal, and finally a lump sum.  Each extra payment to principal reduced the balance, and reduced every payment going forward.  I have, somewhere, an excel spreadsheet where I tracked this...  - =CUMIPMT((interestRate/12),term,pymtNumber,balance,balance,0) computed the interest payment due  - =currentPrincipal + CUMIPRINTresultAbove computed the monthly principal payment Occasionally I would update the month-ending Principal balance against what the mortgage company told me.  It was usually off by a little.   My mortgage company required me to specifically contact them for a payoff amount before I wrote the final check.   I've never heard of a mortgage where prepayment of all expected interest following the original schedule is required.  I would guess it is against federal (US) law.  Lets think about that for a moment...  out of \"\"interest\"\", I recently computed that for our 30 year loan at 6-5/8% on about 145, we payed a total of 106000 in interest.  That include a refi to 4-7/8 10-years in to a 15-year loan, and paying it off 20 years after the original loan was granted. As far as not paying all the theoretical interest due...  - If they get a fixed dollar amount of service interest back, there's no incentive to me to pay on-time.  I owe the same amount if I pay it today or if I pay it 6 months late, after I gambled the mortgage money and finally won.  (yea, I know they could write the mortgage to penalize me for paying late, but I'm ignoring that)  - if you were requried to pay off all the interest that might accrue, how could you ever sell your home, or refinance, for that matter?  When I refi'd, the new holder payed the old holder 98,000.  If the original holder had required prepayment of all the interest that would be accrued to the original schedule, the new mortgage would've been 200k.  It would just never be a good deal to buy a home if mortgages worked under that term. I have had a car loan that worked differently -- they pre-computed the total interest due and then divided it over the term of the loan equally.  I could pay off early and they stopped collecting interest.\""}
{"_id": "110511", "title": "", "text": "\"Nominally, yes, but it's not just a matter of \"\"net\"\" being accepted naively by stupid people.  The problem is that many/most people can't get any other kind of contract, because Hollywood has been doing this since almost the beginning of filmmaking.  It's not a recent thing, it's standard.\""}
{"_id": "110515", "title": "", "text": "The way I see it, corporation tax is not fundamentally different from VAT. They are both a tax on revenue minus expenses, just what those expenses are is different. I think the main advantage of corporation tax is that it allows capital expenditure to be spread over several years, although as I said this makes it more complicated (and I believe that there are some capital allowances for VAT as well).  One advantage of VAT is that sales in one country are taxed in that country before the money can be sent abroad. It seems simple and fair to split the tax burden between jurisdictions according to how many sales were made in each."}
{"_id": "110516", "title": "", "text": "\"I get the gist of the article, there are some very nice things about Canada. But the idea is pretty silly because it's not that easy to just \"\"flee to Canada\"\" in the first place. Canadian immigration standards for citizens from developed/western countries are some of the steepest of anywhere in the world.   For non-refugees and non-targeted peoples/countries, the Canadian immigration system works on a points system that factors in things like age, education, wealth, professional experience and so on. So if you're a young, childless professional with gobs of money in the bank, you have a fighting chance to move there. Otherwise your chances are extremely low of getting in with the conventional application process. It sucks, but that's the way it is.  Finally, there's always **[this](http://www.forbes.com/sites/robertwood/2014/08/28/u-s-hikes-fee-to-renounce-citizenship-by-422/)** reason.\""}
{"_id": "110547", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://bruegel.org/2017/09/the-feds-unwinding/) reduced by 95%. (I'm a bot) ***** &gt; In Hamilton&amp;#039;s simulation, if the Fed were to continue reducing its balance sheet through the end of 2020, the level of Fed deposits by financial institutions may not be enough to cover the plausible variation in other Fed liabilities.  &gt; The political power of worries about the Fed&amp;#039;s balance sheet will help determine the endpoint for the Fed&amp;#039;s balance-sheet.  &gt; Given the profitability, prestige and jobs created by maintaining the Fed&amp;#039;s large balance sheet, it will not be painless for the Fed to shrink it.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72i01i/the_feds_unwinding/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216580 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Fed**^#1 **rate**^#2 **balance**^#3 **sheet**^#4 **bank**^#5\""}
{"_id": "110577", "title": "", "text": "What if you do need to fly for business? Also, what if you want to get to Europe in less than a few days?  Regardless, TSA has intentions to find their way to all types of transportation as well. End the TSA. Let the airports handle security."}
{"_id": "110584", "title": "", "text": "For the lazy, Wikipedia says: The term microcap stock (also micro-cap) refers to the stock of public companies in the United States which have a market capitalization of roughly $300 million or less. The shares of companies with a market capitalization of less than $50 million are typically referred to as nano-cap stocks.  Many micro-cap and nano-cap stocks are traded over-the-counter with their prices quoted on the OTCBB or the Pink Sheets. A few of the larger, more established microcaps are listed on the NASDAQ Capital Market or American Stock Exchange (AMEX).  Micro-cap and especially nano-cap stocks are notorious for their volatility. A high percentage of these companies fail to execute their business plans and go out of business. Fraud and market manipulation are not uncommon, and the transactions costs in trading can be quite high. Pricing is more likely to be inefficient, since fewer institutional investors and analysts operate in this space, due to the relatively small dollar amounts involved and the lack of liquidity."}
{"_id": "110589", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://thisisafrica.me/rwanda-will-proceed-ban-used-clothes-despite-threats-united-states) reduced by 89%. (I'm a bot) ***** &gt; Rwanda&amp;#039;s President Paul Kagame has insisted that Rwanda will proceed with its plan to phase-out importation of second-hand clothes despite threats from the U.S. that the move could lead to a review of his country&amp;#039;s eligibility for duty-free access to the American market.  &gt; Kenya, Uganda, Rwanda, Burundi, Tanzania and South Sudan decided to fully ban imported second-hand clothes and shoes by 2019, arguing it would help member countries boost domestic clothes manufacturing.  &gt; The Office of the United States Trade Representative has, as a result, initiated a review of the eligibility of Uganda, Rwanda and Tanzania to receive benefits under AGOA. The EAC nations are one of the most important markets for U.S. industry&amp;#039;s used clothing exports with direct American exports to the EAC member countries totaling approximately $24 million in 2016.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mpfwk/rwandas_president_paul_kagame_has_insisted_that/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~164876 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **country**^#1 **cloths**^#2 **African**^#3 **AGOA**^#4 **ban**^#5\""}
{"_id": "110592", "title": "", "text": "I work for myself, thus there is no HR department which will agree to hand over my money to a debt collector. And if you work for yourself you don't have a tax return because you don't give the IRS any more than they are allowed to take. Even if you work for someone else it is easy to adjust your withholdings so that you don't have a tax return to intercept."}
{"_id": "110600", "title": "", "text": "I've been to some very nice restaurants that are worth the money at most price-points, but *most* restaurants seem to be, well, generic and crappy.  They're running on subsidized wages because their product just *isn't* something people want to pay money for."}
{"_id": "110607", "title": "", "text": "01206184038 / \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u0627\u0644\u0645\u0627\u0633\u0629   http://almasadecorations.blogspot.com.eg/ https://www.facebook.com/Massadecorations/ almasadecorations@gmail.com \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u0645\u0639\u0644\u0642\u0629 \u0627\u0633\u0642\u0641 \u062c\u0628\u0633 \u0628\u0648\u0631\u062f \u0645\u0648\u062f\u0631\u0646 \u0627\u062c\u0645\u0644 \u0635\u0648\u0631 \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u0643\u0631\u0627\u0646\u064a\u0634 \u062c\u0628\u0633 \u0641\u062e\u0645\u0629 \u0648\u0634\u064a\u0643\u060c \u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u062c\u062f\u064a\u062f \u0645\u0648\u062f\u0631\u0646 2017\u060c \u0627\u062d\u062f\u062b \u0635\u0648\u0631 \u062a\u0635\u0645\u064a\u0645\u0627\u062a \u0643\u0631\u0627\u0646\u064a\u0634 \u062c\u0628\u0633 \u0641\u0644\u0644 \u0648\u0642\u0635\u0648\u0631 \u0644\u0644\u0623\u0633\u0642\u0641\u060c \u0635\u0648\u0631 \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u062c\u0628\u0633\u064a\u0629 2017 \u0627\u0645\u0628\u0648\u0631\u062f \u0648 \u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u062d\u062f\u064a\u062b \u0634\u064a\u0643 \u0641\u062e\u0645. \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u062c\u0628\u0633, \u0627\u0633\u0642\u0641 \u0645\u0639\u0644\u0642\u0629, \u0627\u0633\u0642\u0641 \u062c\u0628\u0633 \u0628\u0648\u0631\u062f, \u062c\u0628\u0633 \u0628\u0648\u0631\u062f, \u062c\u0628\u0633 \u0628\u0648\u0631\u062f, \u0643\u0631\u0627\u0646\u064a\u0634 \u062c\u0628\u0633, \u062c\u0628\u0633 \u0627\u0633\u0642\u0641, \u0635\u0648\u0631 \u062a\u0635\u0645\u064a\u0645\u0627\u062a, \u0643\u0631\u0627\u0646\u064a\u0634 \u062c\u0628\u0633, \u0635\u0648\u0631 \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u062c\u0628\u0633\u064a\u0629, 2017, \u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u062d\u062f\u064a\u062b https://youtu.be/hETRdt_0D0s"}
{"_id": "110608", "title": "", "text": "I don't know where your trade figures are from. ETrade, TD Ameritrade, Fidelity, etc all have trading costs under 10 USD per share, so I'm not sure where your costs are coming from. I doubt currency conversion or anything like that will double the cost. As for your question, the answer is: It depends How much trading will you do? In what types of investments? For example, Schwab charges no commission on ETF purchases, but this is not an advantage if you wont buy ETFs. Consider minimums. Different brokers have different minimum cash balance/deposit requirements, so make sure you can meet those. It's true that you can get real time quotes anywhere, but consider the other services. For example, TD Ameritrade pools research reports for many publicly traded companies which are nice to read about what analysts have to say. Different brokers given different research tools, so read about offerings and see what's most useful to you. You can open different brokerage accounts, but it's much more convenient to have a one-stop place where you can do all you trading. Pick a broker which is low cost and offers a variety of investments as well as good customer support and a straightforward system."}
{"_id": "110624", "title": "", "text": "\"If you live and work in the euro-zone, then even after a \"\"crash\"\" all of your income and most of your expenses will still be in euros.  The only portion of your worth you need to worry about protecting is the portion you intend to spend on goods from outside the euro-zone (i.e. imports).  In that case, you may want to consider parking some of your money in short-term government bonds issued by other countries, such as the UK, Switzerland, and USA (or wherever else your favorite goods tend to come from).  If the euro actually \"\"massively devalues\"\" (an extremely unlikely scenario), then you can expect foreign goods to cost a lot more than they do now.  Inflation might also pick up, so you might also want to purchase some OATis.\""}
{"_id": "110628", "title": "", "text": "&gt; Europe is a temporary problem.  Lol..  The better question for this thread is how is the European economy not utterly doomed?  I see no way at all of the Euro surviving.  Greece has already technically defaulted by saying it's not going to pay back all of it's debt.  They will officially default when Germany stops bailing them out.  Spain is in the exact same situation, just about a year behind.  They haven't technically defaulted yet, but they will.  They're receiving bailout after bailout and the Greece situation only makes their interest rates worse.  Italy is just barely behind Spain, the Greek default followed by the Spanish defualt will send Italian interest rates through the roof dooming them to the same fate.  This will eventually effect the US, but our borrowing rates are held artificially low due to the Fed just printing up more fake money and letting the US borrow as much as it wants.  If you don't see this scheme crumbling and collapsing, I'm just curious what you actually think *will* happen?"}
{"_id": "110635", "title": "", "text": "Since I'm missing the shortest and simplest answer, I'll add it: A car also doesn't offer dividends, yet it's still worth money. A $100 bill doesn't offer dividends, yet people are willing to offer services, or goods, or other currencies, to own that $100 bill. It's the same with a stock. If other people are willing to buy it off you for a price X, it's worth at least close to price X to you. In theory the price X depends on the value of the assets of the company, including unknown values like expected future profits or losses. Speaking from experience as a trader, in practice it's very often really just price X because others pay price X."}
{"_id": "110636", "title": "", "text": "Thanks for posting this.  Funny, but I find myself watching RT far more than CNN these days.  I am not a finance expert but as an econ major I can at least follow the argument.  Seems credible to me.  They are just saying that the resulting downgrade of bank bonds will affect them less than their competition. The second argument is that new (2008) accounting rules allow them to show a net gain on paper when their bonds get downgraded as a result of this loss.  It's a complicated argument but I can see how it make perfect sense.  I like how Bob English points out the fishy and probably strategic nature of the Thursday announcement.  Obviously there is a lot more to this story: http://www.zerohedge.com/contributed/2012-20-15/truth-about-jp-morgan%E2%80%99s-2-billion-loss"}
{"_id": "110649", "title": "", "text": "I want to take a loan out against an old 401k to use as the down payment on a house. The problem that I've found is that in order to borrow against the 401k it has to be considered current. I'd like to avoid rolling it over to my current job because then if I quit the entire load has to be repaid within 60 days.  I'm specifically wondering if me plan of starting a company with a 401k will work. From what I can tell, there's no limit on the number of current 401ks you can have. Since I'm obviously never going to fire myself, having to suddenly repay the entire loan won't be a problem.   I'd like to keep my job and money related to investments separate."}
{"_id": "110671", "title": "", "text": "We are well known name in Designer Wallpaper Retailer and Supplier in Mumbai and Navi Mumbai. The New Jain Furnishing offers a wide range of Designer Wallpaper in Mumbai and Navi Mumbai. Over the years, New Jain Furnishing has earned a brand name for itself and has earned an enviable reputation as one of the best, finest, largest &amp; most preferred sources of world class Designer Wallpaper in Mumbai &amp; Navi Mumbai. New Jain Furnishing Store\u2019s greatest strength lies in its ability to quickly understand the taste &amp; individual requirements of the customers, and offer them precise, specialized concepts in Designer Wallpaper that amalgamate innovative designs, colors, textures and patterns. We supply Designer Wallpaper in Mumbai and Navi Mumbai region mostly."}
{"_id": "110672", "title": "", "text": "\"How do people do it? Firstly, I'd advise you to explicitly budget all taxes. The reason is because taxes get complicated when you have a child deduction. Not that raising a child is profitable post taxes, but it can change your perspective. SIWKs with high income get by just fine. The rest sacrifice. They buy less house, or rent. They drive more than 30 minutes to work every day. They work second jobs. They stop saving for retirement. And when they fail to save or plan, they borrow from family or rack up huge credit card debt. They don't buy the sweet new truck they were planning on. They cut cable and cook meals at home. They skip church, because they can't afford the tithe, and say it's because they don't have time, don't want their children to disrupt services, etc.  So right now, that \"\"other\"\" basket is looking pretty juicy, and the taxes can maybe be examined as well. But ultimately, if you're looking at a 30 percent hit in pay, that won't cut it. Mortgage + food alone is nearly half your budget!\""}
{"_id": "110674", "title": "", "text": "Reversing your math, I am assuming you have $312K to work with.  In that case, I would simply shop around your local banks and/or credit unions and have them compete for your money and you might be quite surprised how much they are willing to pay. A couple of months ago, you would be able to get about 4.25% from Israel Bonds in Canada on 5 years term (the Jubilee product, with minimum investment of $25K).  It's a bit lower now, but you should still be able to get very good rates if you shop around tier-2 banks or credit unions (who are more hungry for capital than the well-funded tier-1 banks). Or you could look at preferred shares of a large corporation.  They are different from common shares in the sense they are priced according to the payout rate (i.e. people buy it for the dividend). A quick screen from your favorite stock exchange ought to find you a few options. Another option is commercial bonds.  You should be able to get that kind of return from investment grade (BBB- and higher) bonds on large corporations these days.  I just did a quick glance at MarketWatch's Bond section (http://cxa.marketwatch.com/finra/BondCenter/Default.aspx) and found AAA grade bonds that will yield > 5%.  You will need to investigate their underlying fundamentals, coupon rate and etc before investing (second thought, grab a introduction to bonds book from Chapters first). Hope these helps."}
{"_id": "110681", "title": "", "text": "Short answer: Not likely. Long answer: As a rule of thumb, over the long run if you are generating 20% compounded returns on your money consistently, you are doing very good.  Since in the average case your 10k would compound to $61.4k YoY, you are very unlikely to be rich in a decade starting with 10k."}
{"_id": "110699", "title": "", "text": "Creating a website is like designing a book cover; you need to capture attention by imagery and thought-provoking titles, but it should not stop there \u2013 it should also be attractive enough to make them buy the book and read its contents. It\u2019s a balance between aesthetic and substance satisfaction. These are the essential elements in making your site an effective lead generation tool."}
{"_id": "110701", "title": "", "text": "The movie celebrities in movie sectors are not restricted to a specific region; however they are still popular in the entire globe. These celebs make a big count of followers in distinct regions of the globe. Among these celebs the top most and wealthiest as per their celebrity net worth: Adam Sandler and Clint Eastwood."}
{"_id": "110716", "title": "", "text": "There are various exchanges around the world that handle spot precious metal trading; for the most part these are also the primary spot foreign exchange markets, like EBS, Thomson Reuters, Currenex (website seems to be down), etc. You can trade on these markets through brokers just like you can trade on stock markets.  However, the vast majority of traders on these exchanges do not intend to hold any bullion ownership at the end of the day; they want to buy as much as they sell each day.  A minority of traders do intend to hold metal positions for longer periods, but I doubt any of them intend to actually go collect bullion from the exchange.  I don't think it's even possible. Really the only way to get bullion is to pay a service fee to a dealer like you mentioned.  But on an exchange like the ones above you have to pay three different fees: So in the end you can't even get the spot price on the exchanges where the spot prices are determined.  You might even come out ahead by going to a dealer. You should try to find a reputable dealer, and go in knowing the latest trade prices.  An honest dealer will have a website showing you the current trade prices, so you know that they expect you to know the prices when you come in. For example, here's a well-known dealer in Chicago that happily shows you the spot prices from KITCO so you can decide whether their service fee is worth it or not."}
{"_id": "110729", "title": "", "text": "We face the same issue here in Switzerland. My background: Institutional investment management, currency risk management. My thoughs are: Home Bias is the core concept of your quesiton. You will find many research papers on this topic. The main problems with a high home bias is that the investment universe in your small local investment market is usually geared toward your coutries large corporations. Lack of diversification: In your case: the ASX top 4 are all financials, actually banks, making up almost 25% of the index. I would expect the bond market to be similarly concentrated but I dont know. In a portfolio context, this is certainly a negative. Liquidity: A smaller economy obviously has less large corporations when compared globally (check wikipedia / List_of_public_corporations_by_market_capitalization) thereby offering lower liquidity and a smaller investment universe. Currency Risk: I like your point on not taking a stance on FX. This simplifies the task to find a hedge ratio that minimises portfolio volatility when investing internationally and dealing with currencies. For equities, you would usually find that a hedge ratio anywhere from 0-30% is effective and for bonds one that ranges from 80-100%. The reason is that in an equity portfolio, currency risk contributes less to overall volatility than in a bond portfolio. Therefore you will need to hedge less to achieve the lowest possible risk. Interestingly, from a global perspective, we find, that the AUD is a special case whereby, if you hedge the AUD you actually increase total portfolio risk. Maybe it has to do with the AUD being used in carry trades a lot, but that is a wild guess. Hedged share classes: You could buy the currency hedged shared classes of investment funds to invest globally without taking currency risks. Be careful to read exactly what and how the share class implements its currency hedging though."}
{"_id": "110732", "title": "", "text": "insurance premiums  My annual car premium always caught me off guard until I set up a dedicated savings account for it."}
{"_id": "110733", "title": "", "text": "\"You should spend zero on your stock research company.  If the management of the company actually had persistent skill in picking stocks, they would not be peddling their knowledge to the retail market for a few hundred dollars.  They would rake in millions and billions by running a huge hedge fund and buy themselves a private island or something.  Unfortunately for them, hedge fund investors are not as gullible as retail investors and are more likely to sue when they discover they have been lied to. Many stock \"\"research\"\" companies are trying to manipulate you into paying too high a price for stocks.  They buy a small stock, recommend it, and then sell it at the artificially (and temporarily) high price.  Others are simply recommending stocks pretty much at random. You could do that just as well as they can, and for free. Portfolio performance evaluation is a complex problem.  The research company knows that its recommendations will \"\"make good money\"\" about half the time and that's enough to bring in a lot of uninformed people.  To know whether your portfolio actually did well you need to know how much risk there was in the portfolio and how a competing \"\"dumb\"\" portfolio with similar characteristics fared over the same time period.  And you need to repeat the experiment enough times (or long enough) to know the outcome wasn't luck.  I can say confidently that your portfolio performance doesn't back up the claim that the research company has skill above and beyond luck.  Much less $599 worth of skill. I can also say very confidently that there are no investors with a total of 20 thousand dollars to invest for whom purchasing stock recommendations is worth the cost, even if those recommendations do have some value.  Real stock information is valuable only to large investors because the per-dollar value is low. Please do not give money to or otherwise support a semi-criminal \"\"stock research\"\" enterprise.\""}
{"_id": "110744", "title": "", "text": "\"Your \"\"money market\"\" is cash or a \"\"sweep account\"\" that your broker is holding for you and on which the broker is paying you interest.  The mutual fund is paying you dividends, not interest, even if it is a money-market mutual fund (often bearing a name such as Prime Reserve Fund) or bond mutual fund that is collecting interest on its investments and passing them on to you.\""}
{"_id": "110746", "title": "", "text": "It depends on what actions the European Central Bank (ECB) takes.  If it prints Euros to bail out the country then your Euros will decline in value.  Same thing with a US state going bankrupt.  If the FED prints dollars to bailout a state it will set a precedent that other states can spend carelessly and the FED will be there to bail them out by printing money. If you own bonds issued by the bankrupting state then you could lose some of your money if the country is not bailed out."}
{"_id": "110755", "title": "", "text": "The term pink slime wasn't coined by the reporters. It was the name given to it by the whistleblowing USDA scientists in a 2002 email to colleagues. The term was part of the story itself.  &gt; In fact, the term \u201cpink slime\u201d was coined by one of the segment\u2019s whistleblowing USDA scientists in a 2002 email to colleagues, and a 2009 New York Times piece using the term to describe BPI\u2019s meat product won a Pulitzer Prize."}
{"_id": "110761", "title": "", "text": "\"Frankly, eliminating unlimited data on Sprint would not be a bad thing IF it meant faster speeds. As it is now, I get perhaps 125K a second speeds. Hardly worth it for \"\"unlimited\"\" or the $10 \"\"premium data\"\" charge that Sprint adds on. A few select cities that have seen Sprint's Network Vision implemented are getting faster speeds but the majority of us are limping along at speeds slightly better than 56K dialup.\""}
{"_id": "110769", "title": "", "text": "Lenders may sell your mortgage to other lenders for a fee.  For example,  your lender might sell your mortgage to the highest bidder who may want to purchase your mortgage by making a one time payment.  For your lender that's a quick profit, for the new owner of your mortgage, that's long term returns for a one time fee.  For your lender, that is forgoing long term returns for short term gains (and transfer of risk in case you default).   (Very similar to how bonds work in a stock exchange!) What does this mean to you? Nothing.  You will still keep making payments to your original lender.   What does 'transfer of ownership has not been publicly recorded mean'? It means, when you are asked about ownership details regarding your mortgage, and this could be in tax forms or refinancing etc., you would enter your original lender's information and not Freddit Mac's! Pro-tip There are lots of scams based on this.  You might receive an official looking letter in mail claiming your loan has been sold and you should start making payments to the new owner. DO NOT FALL FOR THIS! Call your original lender (use the phone number from your loan papers, not mail you received) and verify this information.   And if this were to happen, your original lender would always inform you first.   And hey, congrats on your new home! :)"}
{"_id": "110819", "title": "", "text": "This is what everyone said about music circa 1999, that the record labels would never agree to sell their songs online because it would devalue selling albums, and a bunch of archaic thinking etc... and then the iTunes store showed the industry a better way to distribute their content, conviced the labels to play along, and Apple is now the most profitable company in the world.   There's no reason this can't happen for TV, it's clearly heading there and the first person to do for TV what Apple did for music will make a fortune, hell it might even be Apple that does it, yet another reason why Apple stock is severly undervalued right now"}
{"_id": "110841", "title": "", "text": "The whopper has too  much sauce for me, I prefer the McDonald's dollar menu hamburgers when I want fast food.  You can customize them any which way, it still won't come out to more than $2, and it only has about 300 calories."}
{"_id": "110844", "title": "", "text": "Interest means that the money on the accounts belongs to you, regardless of who's name is the account titled to. For example, if you give money to someone (non-US person, say,  trying to avoid FBAR requirements) and that person puts it in his account but will give you money whenever you ask for it - you have interest in that account. This is in order for people not to avoid FBAR requirements by putting their money into someone's else accounts. Signature Authority means that although the account is not in your name, and the money on it is not your money - you have the right to access that account and perform operations on it. This usually happens when people are employees of a company and have signature authority over the company's accounts, but it is also frequently the case for people having signature authority over the accounts that belong to their family members (for example - your parents are not US persons, but they gave you access to their account because they don't know how to work with the bank and you do - you have signature authority over the account). If you have your own account - you have both interest in it and signature authority over it."}
{"_id": "110848", "title": "", "text": "This question was asked three years ago, but now that it's 2017 there is actually a relatively easy, cheap and fast solution to at least the first half of your question. To cash the check: I've done this a half dozen times while abroad (from the US) without any problems."}
{"_id": "110856", "title": "", "text": "No, they do not. Stock funds and bonds funds collect income dividends in different   ways. Stock funds collect dividends  (as well as any capital gains   that are realized) from the underlying stocks  and incorporates these   into the funds\u2019 net asset value, or daily share price. That\u2019s why a   stock fund\u2019s share price drops when the fund makes a distribution \u2013   the distribution comes out of the fund\u2019s total net assets. With bond funds, the internal accounting is different:  Dividends   accrue daily, and are then paid out to shareholders every month or   quarter.  Bond funds collect the income from the underlying bonds and   keep it in a separate internal \u201cbucket.\u201d  A bond fund calculates a   daily accrual rate for the shares outstanding, and shareholders only   earn income for the days they actually hold the fund.  For example, if   you buy a bond fund two days before the fund\u2019s month-end distribution,   you would only receive two days\u2019 worth of income that month.  On the   other hand, if you sell a fund part-way through the month, you will   still receive a partial distribution at the end of the month,   pro-rated for the days you actually held the fund. Source  Also via bogleheads: Most Vanguard bond funds accrue interest to the share holders daily.   Here is a typical statement from a prospectus: Each Fund distributes to shareholders virtually all of its net income   (interest less expenses) as well as any net capital gains realized   from the sale of its holdings. The Fund\u2019s income dividends accrue   daily and are distributed monthly. The term accrue used in this sense   means that the income dividends are credited to your account each day,   just like interest in a savings account that accrues daily. Since the   money set aside for your dividends is both an asset of the fund and a   liability, it does not affect the calculated net asset value. When the   fund distributes the income dividends at the end of the month, the net   asset value does not change as both the assets and liabilities   decrease by exactly the same amount. [Note that if you sell all of   your bond fund shares in the middle of the month, you will receive as   proceeds the value of your shares (calculated as number of shares   times net asset value) plus a separate distribution of the accrued   income dividends.]"}
{"_id": "110860", "title": "", "text": "Having all of the numbers you posted is a start. It's what you need to perform the calculation.  The final word, however, comes from the company itself, who are required to issue a determination on how the spin-off is valued. Say a company is split into two. Instead of some number of shares of each new company, imagine for this example it's one for one. i.e. One share of company A becomes a share each in company B and company C. This tell us nothing about relative valuation, right? Was B worth 1/2 of the original company A, or some other fraction? Say it is exactly a 50/50 split. Company A releases a statement that B and C each should have 1/2 the cost basis of your original A shares. Now, B and C may very well trade ahead of the stock splitting, as 'when issued' shares. At no point in time will B and C necessarily trade at exactly the same price, and the day that B and C are officially trading, with no more A shares, they may have already diverged in price. That is, there's nothing you can pull from the trading data to identify that the basis should have been assigned as 50% to each new share. This is my very long-winded was of explaining that the company must issue a notice through your broker, and on their investor section of their web site, to spell out the way you should assign your basis to each new stock."}
{"_id": "110862", "title": "", "text": "\"For Non-Resident filers, New York taxes New York-sourced income. That includes: real or tangible personal property located in New York State   (including certain gains or losses from the sale or exchange of an   interest in an entity that owns real property in New York State); services performed in New York State; a business, trade, profession, or occupation carried on in New York State; and a New York S corporation in which you are a shareholder (including   installment income from an IRC 453 transaction). There are some exclusions as well. It is all covered in the instructions to form IT-203. However, keep in mind that \"\"filing\"\" as non-resident doesn't make you non-resident. If you spend 184 days or more in New York State, and you have a place to stay there - you are resident. See definitions here. Even if you don't actually live there and consider yourself a CT resident.\""}
{"_id": "110865", "title": "", "text": "Assuming cell A1 contains the number of trades: will price up to A1=100 at 17 each, and the rest at 14 each. The key is the MAX and MIN. They keep an item from being counted twice. If X would end up negative, MAX(0,x) clamps it to 0. By extension, if X-100 would be negative, MAX(0, X-100) would be 0 -- ie: that number doesn't increase til X>100. When A1=99, MIN(a1,100) == 99, and MAX(0,a1-100) == 0. When A1=100, MIN(a1,100) == 100, and MAX(0,a1-100) == 0. When A1=101, MIN(a1,100) == 100, and MAX(0,a1-100) == 1. Of course, if the 100th item should be $14, then change the 100s to 99s."}
{"_id": "110871", "title": "", "text": "\"No, the language in the Constitution is permissive, not mandatory. The *grant of power* to Congress is mandatory (shall), but nowhere does it say Congress \"\"shall/must\"\" etc establish a post office. The same clause also says that the government can establish post Roads, but those roads no longer exist, having been folded into other road systems. Must Congress also maintain a separate post road network? By your logic it must, but that is clearly an absurd result.   \"\"Maintain\"\" is only used for the Navy, which was always expected to exist continuously. Congress can also \"\"raise and support armies\"\", language reflecting the expectation that there would be no standing army, but neither \"\"maintain\"\" nor \"\"support\"\" are used for the post office.   Congress has the power to create the post office and post roads, bit it doesn't have to. It certainly doesn't have to maintain them. Nor is there any reason to think that establishing the post office and privatizing it is impermissible, since it follows the dictate of the clause. Even if it were unconstitutional, what is the relief? Who could sue who to have what done?\""}
{"_id": "110881", "title": "", "text": "\"I'm not worried about them tracking me (I'm a boring white guy who might even be flattered). But, I'm also not selfish and short-sighted... The huge problem is the unjust abuses of other people's rights. I'm talking about people who have done no wrong, but are \"\"suspicious\"\" for bullshit reasons. It's wrong already, and acceptance of it only serves to keep expanding it. It may not affect us today, but it threatens affect us all tomorrow.\""}
{"_id": "110900", "title": "", "text": "Do you need to do anything special when you receive such a huge amount of money? YES, ABSOLUTELY! 1st: Hire a lawyer. Retain him. Preferably one who has experience with high net worth clients. 2nd: Hire a financial advisor/wealth manager. Similarly, one who has experience with high net worth clients. 3rd: Tell no one else that you won. I cannot stress this point enough. Do these things before you even claim your prize. Winning the lottery seems like a great thing to people who haven't won, but statistically speaking most people end up worse off. Most people, not just lottery winners, but people who come into large sums of money unexpectedly just don't know how to handle it. Hire people who do know how to handle that sort of thing and get them on your side. If you win the lottery PROTECT YOURSELF! Go here: https://www.reddit.com/r/AskReddit/comments/24vo34/whats_the_happiest_5word_sentence_you_could_hear/chb38xf and read the top comment."}
{"_id": "110948", "title": "", "text": "...And the US national debt **is** going up, accordingly.  That said, as long as Americans want Korean electronics, *and* we're not selling more to Korea than they are to us, **and** (most importantly) Korea would rather have US dollars than issue more Won...   *Both* sides come out ahead.  Debt isn't necessarily *bad*, it's just a bill you need to remember will come due some day."}
{"_id": "110953", "title": "", "text": "I do this all the time, my credit rating over time plotted on a graph looks like saw blades going upward on a slope I use a credit alert service to get my credit reports quarterly, and I know when the credit agencies update their files (every three months), so I never have a high balance at those particular times Basically, I use the negative hard pulls to propel my credit score upwards with a the consequentially lowered credit utilization ratio, and the credit history. So here is how it works for me, but I am not an impulse buyer and I wouldn't recommend it for most people as I have seen spending habits: Month 1: charge cards, pay minimum balance (raises score multiple points) Month 2: PAY OFF ALL CREDIT CARDS, massive deleveraging using actual money I already have (raises score multiple points) Month 3: get credit report showing low balance, charge cards, pay minimum balance ask for extensions of credit, AND followup on new credit line offers (lowers score several points per credit inquiry) Month 4: charge cards, pay minimum balance, discretionally approving hard pulls - always have room for one or two random hard pulls, such as for a new cell phone contract, or renting a car, or employment, etc Month 5: PAY OFF CREDIT CARDS using actual money you have. (the trick is to NEVER really go above a 15% credit utilization ratio, and to never overleverage. Tricky because very quickly you will get enough credit to go bankrupt) Month 6: get credit report showing low balances, a slight dip in score from last quarter, but still high continue."}
{"_id": "110966", "title": "", "text": "\"Nobody has mentioned the futures market yet. Although the stock market closes at 4pm, the futures market continues trading 24 hours a day and 5.5 days a week. Amongst the products that trade in the future market are stock index futures.  That includes the Dow Jones, the S&P 500. These are weighted averages of stocks and their sectors. You would think that the price of the underlying stock dictates the price of the average, but in this day and age, the derivative actually changes the value of the underlying stock due to a very complex combination of hedging practices. (this isn't meant to be vague and mysterious, it is \"\"delta hedging\"\") So normal market fluctuations coupled with macroeconomic events affect the futures market, which can ripple down to individual stocks. Very popular stocks with large market caps will most certainly be affected by futures market trading. But it is also worth mentioning that futures can function completely independently of a \"\"spot\"\" price. This is where things start to get complicated and long winded. The futures market factor is worth mentioning because it extends even outside of the aftermarket and pre-market hours of stock trading.\""}
{"_id": "110983", "title": "", "text": "In the US, dividends have special tax treatment similar to, but not the same as Capital Gains. No easy way to transform one to the other, the very fact that you invested your money in a company that has returned part of your capital as income means it is just that, income. Also in the US, you could invest in Master Limited Partnerships. These are companies that make distributions that are treated as a return of capital, instead of dividends. Throughout the life of the investment you receive tax forms that assign part of the operating expense/loss of the company to you as a tax payer. Then at the end of the investment life you are required to recapture those losses as Capital Gains on sale of the stock. In some ways, these investments do exactly what you are asking about. They transform periodic income into later capital gains, basically deferring tax on the income until the sale of the security. Here is an article I found about MLPs coming to the UK through an ETF: Master Limited Partnerships in the UK"}
{"_id": "111033", "title": "", "text": "\"Bonds are valued based on all of this, using the concept of the \"\"time value of money\"\". Simply stated, money now is worth more than money later, because of what you can do with money between now and later. Case in point: let's say the par value of a bond is $100, and will mature 10 years from this date (these are common terms for most bonds, though the U.S. Treasury has a variety of bonds with varying par values and maturation periods), with a 0% coupon rate (nothing's paid out prior to maturity). If the company or government issuing the bonds needs one million dollars, and the people buying the bonds are expecting a 5% rate of return on their investment, then each bond would only sell for about $62, and the bond issuer would have to sell a par value of $1.62 million in bonds to get its $1m now. These numbers are based on equations that calculate the \"\"future value\"\" of an investment made now, and conversely the \"\"present value\"\" of a future return. Back to that time value of money concept, money now (that you're paying to buy the bond) is worth more than money later (that you'll get back at maturity), so you will expect to be returned more than you invested to account for this time difference. The percentage of rate of return is known as the \"\"yield\"\" or the \"\"discount rate\"\" depending on what you're calculating, what else you take into consideration when defining the rate (like inflation), and whom you talk to. Now, that $1.62m in par value may be hard for the bond issuer to swallow. The issuer is effectively paying interest on interest over the lifetime of the bond. Instead, many issuers choose to issue \"\"coupon bonds\"\", which have a \"\"coupon rate\"\" determining the amount of a \"\"coupon payment\"\". This can be equated pretty closely with you making interest-only payments on a credit card balance; each period in which interest is compounded, you pay the amount of interest that has accrued, to avoid this compounding effect.  From an accounting standpoint, the coupon rate lowers the amount of real monies paid; the same $1m in bonds, maturing in 10 years with a 5% expected rate of return, but with a 5% coupon rate, now only requires payments totalling $1.5m, and that half-million in interest is paid $50k at a time annually (or $25k semi-annually). But, from a finance standpoint, because the payments made in the first few years are worth more than the payments made closer to and at maturity, the present value of all these coupon payments (plus the maturity payout) is higher than if the full payout happened at maturity, and so the future value of the total investment is higher.  Coupon rates on bonds thus allow a bond issuer to plan a bond package in less complicated terms. If you as a small business need $1m for a project, which you will repay in 10 years, and during that time you are willing to tolerate a 5% interest rate on the outstanding money, then that's exactly how you issue the bonds; $1 million worth, to mature in 10 years and a 5% coupon rate. Now, whether the market is willing to accept that rate is up to the market. Right now, they'd be over the moon with that rate, and would be willing to buy the bonds for more than their face value, because the present value would then match the yield they're willing to accept (as in any market system, you as the seller will sell to the highest bidder to get the best price available). If however, they think you are a bad bet, they'll want an even higher rate of return, and so the present value of all coupon and maturity payments will be less than the par value, and so will the purchase price.\""}
{"_id": "111035", "title": "", "text": "Name one country that spend that much money in such short period to get out of recession.  You have to find some sub-saharan despot to match the number.  (no. japan ain't it. considering the massive surplus current account and trade balance.)  https://tradingeconomics.com/japan/current-account  https://tradingeconomics.com/united-states/current-account"}
{"_id": "111045", "title": "", "text": "I'm not sure what the point here is. On a macro level, we all know globalization is good and that some markets and types of work die out as others take over. One (digital) computer can do more than a whole building of human computers. However, for the individual who has pride in his or her work as e.g a coal miner, and who made a decent living, won't be better off working for Arby's. Nor knowing that Arby's is a bigger employer."}
{"_id": "111046", "title": "", "text": "I mostly agree with everything you said except the part regarding debt.  The whole point was that continued growth would pay off debt, not that individuals would go into more debt than they can pay off.  The second idea would be illogical as debt holders want to get payed back."}
{"_id": "111048", "title": "", "text": "The car has value, but it is still a depreciating asset. You're paying far more to rent a space to park the car than you are to own and drive it if you look beyond the initial term of your loan. You could buy a space to keep the car, but at $225,000 for a permanent spot, renting is a much better deal. Would you travel home as frequently if you didn't have the fixed cost of a parking space rental giving you incentive to make the most of the car since you're paying for it either way? My additional question is whether the freedom to travel home on a whim is worth more than the financial freedom you would gain by investing the money for the long term. I don't think it's irresponsible if the short term freedom contributes significantly to your sense of well-being, but even if it isn't entirely sunk cost, the majority of it is.  The only way you can really know whether it's worth it to you would be to park the car at home for a month or two to see if you can live without it. Fortunately you don't lose much money in this experiment, since you're only paying 1.9% interest."}
{"_id": "111051", "title": "", "text": "Coach Aniko is the creator and CEO at home organization solutions. Her objective is to empower internet marketers to make a lifestyle by design. I train internet marketers with online advertising skill sets so they can market everything, to any individual, anywhere in the entire world."}
{"_id": "111054", "title": "", "text": "\"Between 6 months and a year is normally regarded as the \"\"standard\"\".  Plan out what your monthly expenses are and save that money away.  One thing to consider is what extras can you give up.  If you are currently eating steak and lobster every day can you live with switching to ramen noodles for a period of time?  Can you switch from premium cable to basic cable (or cancel it altogether)?  Questions like this can greatly impact the amount you have to set aside. I personally have my emergency fund in CDs that mature the first of every month.  I know there is less liquidity in this approach but I'm ok with that.  My emergency fund is a sum of cash I'll always have so I wanted to reap the benefits of a higher yield.  If it comes down to it I can place an expense on a credit card and pay off the credit card when funds become available.\""}
{"_id": "111071", "title": "", "text": "Welcome to Money.SE. As Dheer notes, we can come up with pretty good advice with more details.  Absent any more information, I'd offer this - money withdrawn today, from a traditional IRA, is subject to tax and 10% penalty. The day you turn 59-1/2, that 10% penalty evaporates.  Withdrawals at that time are still subject to ordinary tax at your marginal rate. If you happen to be in the 15% bracket, it may make sense (at 59.5) to withdraw enough to top off that bracket and use the extra money to supplement those payments. If you are already a 25%er, you have to decide whether this money is better spent paying the loans early. Much of that decision is based on the rates involved.  More important, in my opinion. what is the child doing? You borrowed money (I assume) to send a kid to college, and now he's out. Is he not able to chip in? $715K in retirement is pretty great, in the higher end of what pre-retirees have. It translates to just under $30K/yr in withdrawals at retirement. A decent number, really, but not a number that has you comfortably paying for this debt."}
{"_id": "111076", "title": "", "text": "\"The company released its 2nd Quarter Revenue of $1,957,921 a couple days ago however the stock did not move up in any way. Why? If the company is making money shouldn't the stock go up. During the time between earnings announcements, analysts occasionally publish their assessment of a company, including their estimate of the company's value and future earnings. And as part of an earnings report, companies often include \"\"guidance\"\": their prediction for the upcoming quarter (this will frequently be a conservative estimate, so they're more likely to achieve it). Investors make their purchase and sale decisions based on this information. When the earnings report comes out, investors compare these actual returns to analysts' predictions and the company's guidance. If their results are in line with these predictions, the stock price is unlikely to move much, as those results are already incorporated into the stock price. If the company is doing better than predicted, it's usually a good sign, and the price often rises; conversely, if it's doing worse, the price will likely fall. But it's not as simple as this. As others have explained, for long-term investors, stock prices are based on expectations of future activity. If the results of that quarter include some one-time actions that are unlikely to repeat, investors will often discount that portion.\""}
{"_id": "111088", "title": "", "text": "\"IBM had another trick where they would set up people to fail.. then give them a bad review.. than put all the people with bad reviews on a project - then sabotage the project and then then get anothger bad review and are on the way to being \"\"managed out\"\"\""}
{"_id": "111090", "title": "", "text": "**Richard Feynman**  Richard Phillips Feynman (; May 11, 1918 \u2013 February 15, 1988) was an American theoretical physicist known for his work in the path integral formulation of quantum mechanics, the theory of quantum electrodynamics, and the physics of the superfluidity of supercooled liquid helium, as well as in particle physics for which he proposed the parton model. For his contributions to the development of quantum electrodynamics, Feynman, jointly with Julian Schwinger and Shin'ichir\u014d Tomonaga, received the Nobel Prize in Physics in 1965.  Feynman developed a widely used pictorial representation scheme for the mathematical expressions governing the behavior of subatomic particles, which later became known as Feynman diagrams. During his lifetime, Feynman became one of the best-known scientists in the world.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "111091", "title": "", "text": "\"Unfortunately, there is very little data supporting fundamental analysis or technical analysis as appropriate tools to \"\"time\"\" the market. I will be so bold to say that technical analysis is meaningless. On the other hand, fundamental analysis has some merits. For example, the realization that CDOs were filled with toxic mortgages can be considered a product of fundamental analysis and hence provided traders with a directional assumption to buy CDSs. However, there is no way to tell when there is a good or bad time to buy or sell. The market behaves like a random 50/50 motion. There are many reasons for this and interestingly, there are many fundamentally sound companies that take large dips for no reason at all. Depending on your goal, you can either believe that this volatility will smooth over long periods and that the market has generally positive drift. On the other hand, I feel that the appropriate approach is to remain active. You will be able to mitigate the large downswings by simply staying small and diversifying  - not in the sense of traditional finance but rather looking for uncorrelated products. Remember, volatility brings higher levels of correlation. My second suggestion is to look towards products like options to provide a method of shaping your P/L - giving up upside by selling calls against a long equity position is a great example. Ground your trades with fundamental beliefs if need be, but use your tools and knowledge to combat risks that may create long periods of drawdown.\""}
{"_id": "111099", "title": "", "text": "&gt;No. He worked overtime, he deserves his pay - not paying him 200k is wrong.  He shouldn't be allowed to work overtime.  Bridge patrol should be mandated to be well rested and never overworked.  They should work max 40 hrs a week.  And they should be salaried and not hourly.  &gt;Is it mismanagement? Yes  OK, so it seems we agree.  I'm not saying let's stop paying for overtime.  I'm just saying we shouldn't be paying that much money to highway patrol, even if it's bridge patrol."}
{"_id": "111117", "title": "", "text": "Sure, all the income gains have gone to the top, along with gains in wealth from capital appreciation. However, the Fed's expansion of money supply doesn't change that one way or the other.   I suspect the root issue here is the erosion of wages by automation, which concentrates wealth and income among the elite. The Fed can't fight that alone, but Congress won't touch it as they depend on the same elite for campaign funding and TV exposure."}
{"_id": "111120", "title": "", "text": "\"A few years ago, I stumbled across a little-known band and thought about buying tickets to their upcoming show. The tickets were an absolute steal, maybe $20 each because no one had heard of them but I didn't bother at the time. Figured I'd wait until closer to the tour date. Fast forward to about a month before the show. They had released a very popular single that summer and tickets were being sold online for well over $100. I remember thinking \"\"if only I knew these guys were going to be a big name one day\"\". I suppose I could have made a killing buy purchasing tons of tickets and selling them just before the event at a mad profit.  That's about the only scenario I can think of.\""}
{"_id": "111131", "title": "", "text": "The key factors here are  You will need to pay tax in the UK only if you live more than 183 days - that too in a tax year. Indian tax system will also classify you as a NR (Non-resident) if you live outside for more than 182 days in a tax year.  In your case, your income will be in India and will stay in India. So there should not be any UK tax until you try and get that money to the UK. I will not go into outlining what if you want to go down that road since it does not apply. As for tax in India, You will need to pay tax since the source of income is Indian.  Hope this helps."}
{"_id": "111147", "title": "", "text": "\"It's significant. I look at the VIX Index.  The VIX futures.  etc.  Usually stock  market scares from financial worries (the economy, liquidity freezes, European country defaults etc) tend to last a bit longer, and non-financial worries (plane crashes, military skirmishes) tend to last a few days - then back to biz as usual.  My feeling is that the S&amp;P500 will continue to grind higher as long as the US economy remains on life support (US fed injections), and you will see these periodic -5% S&amp;P500 mini-scares (which are buying opportunities) but the overall trend will remain intact (from the \"\"lower left to the upper right\"\" as that goof Dennis Gartman says).  Once the US Fed stops the bond purchase program - it's anybody's guess.    I also think we're in a tech stock bubble again but that's another topic.\""}
{"_id": "111156", "title": "", "text": "I have an interview coming up for an investment operations position. As someone who's fresh out of college, and who doesn't have the qualifications to get into the front office, I've realized that I'll probably have to take a job in the back office. The pay for this job would actually be solid, especially for the area so I am not disappointed with that. Ideally I'd like to be a financial analyst though.  If I were to get a job in the BO (at this point point I'd access the offer if one was made) how can I make sure I don't get stuck for the next 30-40 years?"}
{"_id": "111157", "title": "", "text": "Unfortunately this is something that should have been determined prior to the book tour. Your tax advisor or accountant could have assisted you in making sure you collected the documentation you needed.  You are going to have to sit down with your advisor with the documentation you have and determine what you can prove."}
{"_id": "111159", "title": "", "text": "We are India's based online shop . We sell Bags,caps ,belt &amp; buckle collection at very reasonable prices. We have wide range of  Bag Accessoires like  Messenger Bags, Hversacks, Rucksacks, Backpacks, Laptop Bags, Teens Bags  Belt &amp; Buckle Accessoires like CANVAS BELTS,D RING BELTS,CANVAS EYELET BELTS,LEATHER BELTS,BRAIDED BELTS,CANVAS LEATHER BELTS,WOMEN'S BELTS You can browse our online catalogue by visiting our websithttp://www.honeybadgeronline.com  and choose from our  Stock Items  as per your requirements. Our makers  will definitely meet your needs. We also provide troupe discount or wholesale discount for reseller. We ship allover india,usa,uk,canada,. For more details Contact Us: Phone - 022-25660522 Mobile - 9820215158 Our Office is located at: 212 TIRUPATI INDUSTRIAL ESTATE  BHANDUP VILLAGE ROAD BHANDUP WEST MUMBAI 400078"}
{"_id": "111171", "title": "", "text": "Its not just the insurers. Healthcare facilities were floating on which way to go and not upgrading or expanding their locations.  Now they have started to move towards expansion and change would throw that all up in the air."}
{"_id": "111174", "title": "", "text": "\"Is your mother still paying the premiums, or are you? If you're paying the premiums, then just contact the company and say you are no longer willing to pay and want to cancel the policy. If she's paying the premiums, why do you care? If the issue is the non-smoking declaration, and you are a smoker or want to take up smoking ... I don't know what country you live in, but I'd be surprised if there's a law anywhere that gives your mother the legal authority to forbid you from smoking when you are over 18. If you are paying the premiums, then contact the insurance company and tell them that you are no longer a non-smoker. The premiums may go up. If she is paying the premiums, tell her that you are now a smoker and that she should contact the insurance company about changing this clause in the policy if she wants to be sure it remains valid. If she declines to do this, that's between her and the insurance company. As you're not a party to the contract, it really has nothing to do with you. If, as you say, your mother is not fully capable of managing her affairs, you could contact the insurance company for her. I don't see how you could get the policy \"\"invalidated\"\". Unless there is some evidence that the life insurance company made false claims, or somehow tricked your mother into buying the policy, or that the policy violates local law, there is nothing \"\"invalid\"\" about it. Just because you've decided you don't want the policy doesn't make it invalid. Likewise I don't see how you could get the premiums refunded. The whole point of life insurance is that you pay a monthly premium, and if and when you die, they pay the beneficiary the face value of the policy. Life insurance is often described as a kind of gambling game: The insurance company is betting that you will live long enough to pay more in premiums than they pay out in benefits. You are betting that you will get more in benefits than you pay in premiums. If you die young, you win! If you could wait and see if you die within some time period, and if not demand your premiums back, well, that would be like saying that you want to bet on a spin of the roulette wheel, and if you win you take your winnings, and if you lose you want to get your original bet back. What casino would agree to that? You should be able to cancel the policy at any time. I suppose there might be some specific commitment in the contract, like you pledge not to cancel within X years. If you never signed it, I don't see how you could be obligated to pay for it, regardless of what commitments your mother made. I don't know where you live or your country's laws, but I doubt your mother can sign a contract legally committing you to pay for something for the rest of your life. You say it's a \"\"whole life\"\" policy, which means it should have some cash value if you cancel it, i.e. you get SOME money back. Not everything you and/or your mother paid in, but something.\""}
{"_id": "111178", "title": "", "text": "\"It depends on when she became the shareholder of record. When your wife received the stock, was ownership clearly transferred to her?  If it was, then she should have the right to sell it if she wants.  The gross amount of the sale will be reported to the IRS, and then it will be up to you (and/or your tax advisers) to determine its tax basis so that you pay tax only on the appropriate gain. If she hasn't become the shareholder of record yet, then it can be a bit of a mess.  Your wife's father saying \"\"Merry Christmas; I'm giving you 500 shares of AAPL\"\" doesn't transfer ownership to you.  Him calling up the brokerage and transferring them into an account with her name (or her name and his name) does. Is your wife's father's estate settled yet?  If not, then sorting all of this out is part of the fun.  If it is, and this asset was left dangling out there, then that's beyond anything I know about.\""}
{"_id": "111184", "title": "", "text": "\"If you mortgage after the fact you will usually pay an extra .25% higher on the interest rate because a \"\"cash out\"\" refinance is treated as riskier than a new home purchase mortgage. You might save enough on the purchase price of the home with a cash offer to make that higher interest rate worth it, but in most cases, if you are planning to hold the loan for a long time, it's best to get that mortgage at the time of purchase. You might be able to get the same deal with an offer that says you will pay cash if there are any problems getting the loan approved.\""}
{"_id": "111187", "title": "", "text": "The US has a number of regulations which are stricter than Canada's (case in point, the requirement for treatment of sewage came into effect much earlier for the US then Canada), this is not necessarily going to result in higher impositions for the US."}
{"_id": "111190", "title": "", "text": "\"Thousands of others making &gt;100k with no need to have buckets of student debt to learn the trade.   Pop open linkedin, search in the bay area for \"\"front end.\"\" Filter by \"\"posted last 24 hours.\"\" Should see about a thousand jobs. Do this daily, the number doesn't drop, and linkedin doesn't let companies spam post, so that's nearly 1000 unique jobs, daily.\""}
{"_id": "111213", "title": "", "text": "\"It will be interesting to see if Paypal will pull its services from the [finalcall.com](https://store.finalcall.com/cart), the Nation of Islam's main online newspaper.   For anyone interested:  Nation of Islam is categorized as a Black Separatist hate group by the [SPLC](https://www.splcenter.org/fighting-hate/extremist-files/group/nation-islam), which teaches that the [white race or \"\"blue-eyed devils\"\"](https://en.wikipedia.org/wiki/Yakub_\\(Nation_of_Islam\\)) is an inferior, evil race created to cause destruction and dominate humanity.   &gt; Its theology of innate black superiority over whites and the deeply racist, anti-Semitic and anti-gay rhetoric of its leaders have earned the NOI a prominent position in the ranks of organized hate.   [Source](https://www.splcenter.org/fighting-hate/extremist-files/group/nation-islam)  From Louis Farrakhan, leader of the Nation of Islam:  &gt; It's the wicked Jews, the false Jews, that are promoting lesbianism, homosexuality. It's the wicked Jews, false Jews, that make it a crime for you to preach the word of God, then they call you homophobic!\"\"   [Source](https://www.splcenter.org/fighting-hate/extremist-files/group/nation-islam)  Sound familiar?\""}
{"_id": "111221", "title": "", "text": "I agree with IronAnvil. My research and studies in the area of Japanese production [method](http://en.wikipedia.org/wiki/The_Toyota_Way) supports the idea that middle-management is mostly a drag on effective operations at virtually any organization. Here's a somewhat relevant [counter](http://www.freerepublic.com/focus/f-bloggers/2554052/posts) to OP's post."}
{"_id": "111240", "title": "", "text": "\"Traditional banks don't put their money onto the stock markets. In fact, the economic crisis was in part caused by the fact that banks were placing money into higher-risk portfolios and doing just that: in the UK there has been a debate for the last few years specifically around \"\"firewalling\"\" retail and investment bank operations entirely.  What I was discussing was in the retail/consumer sector where the money comes in as mortgages &amp; secured loans and - slightly riskier - unsecured credit, credit cards, etc. In that model, you do not need to be a genius. If I lend you $20k to buy a car and you don't repay me my money plus 8%, I get the car and therefore am unlikely to be seriously out of pocket. The only thing I have to do is make sure I lend to people likely to repay more often than I do to those who will not. And that, well, that's something we've got a few hundred years of experience with...  If I walk onto the NYSE and start throwing around my cash at put option on exotic FX markets that are in turn responding to conditions almost impossible to truly understand, well, I'm sure we'd agree that it's hard to beat the market. That's why the investment banks who specialise in that market don't invest their own money: they make money from investing other people's cash. Clever guys.  So we need to understand here there are two very different kinds of banks, with two very different business models, and it was the mixing of them that led to the disaster we've seen. Firewalling them makes sense to me!  Communists who think banks are making money out of thin air don't seem to understand that, and so it's not surprising that they seem confused about what a bank is actually there for. Those who do get these two models must see that a retail bank is there to provide finance based on savings held and investment banks are there to help people invest in riskier markets. That does not mean they are \"\"magic\"\" or \"\"evil\"\".  Now, they might argue that fractional reserve banking is a problem. I would imagine many of them would prefer the credit union model instead, but that's a different debate: that's the mechanics and detail, not the institutional need for existence.\""}
{"_id": "111247", "title": "", "text": "Posted this week:  [People working on Wall Street how did you get there, and do you have any tips for people who want to pursue a career in finance. \\(Me\\)](http://www.reddit.com/r/finance/comments/2d7f99/people_working_on_wall_street_how_did_you_get/)   [How did you break into the finance sector?](http://www.reddit.com/r/finance/comments/2dk37k/how_did_you_break_into_the_finance_sector/)"}
{"_id": "111266", "title": "", "text": "When economies are strong, it is particularly alluring to have a single currency as it makes trade and tourism simpler and helps reduce costs. The problem comes when individual member economies get into trouble. Because the Eurozone is a loose grouping of nations, there is no direct equivalent of the US Federal government to coordinate a response, there is instead an odd mixture of National and Central government that makes it harder to get a unified approach to the economy (OK, it's maybe not so different to the US in reality).  This lack of flexibility means that some of the key levers of international finance are compromised, for example a weak economy can't float its currency to improve exports. Similarly individual country's interest rates can't be adjusted to balance spending. I suspect the main reason though is political and based on concepts of sovereignty and national pride. The UK does the majority of its trade with the Eurozone, so the pros would possibly outweigh the cons, but the UK as a whole (and some of our papers in particular) have always regarded Europe with suspicion. Most Brits only speak English and find France and Germany a strange and obtuse place. The (almost) common language makes it easier to relate to the US and Canada than our near neighbours. It seems the perception amongst the political establishment is that any attempt to join the Euro is political suicide, while that is the case it is unlikely to happen. Purely from a personal perspective, I'd welcome the Euro except it means a lot of the products I routinely buy would become a lot more expensive if price is 'harmonised'. For an example compare the price of the iPod Touch in the UK (\u00a3209.99) to France(\u20ac299). The French pay \u00a3262 at the current exchange rate, which is close to 25% more. Ouch. See also my question about Canada adopting the US Dollar"}
{"_id": "111274", "title": "", "text": "My understanding is that the only tax implication is that any interest income earned on foreign accounts is still taxable in the US if held by a US citizen. If the total across foreign accounts totals more than $10,000 you'll have to report those accounts to the Treasury via FinCEN Form 114, this doesn't create any additional tax obligations, it's just a regulatory measure to stop people from hiding money overseas and not paying tax on those earnings. If the US account is only in your husband's name, and the Australian account is only in your name, there may not be any reporting requirement to the Treasury. Money transferred between spouses is not subjected to gift-tax."}
{"_id": "111281", "title": "", "text": "For press releases about economic data, the Bureau of Economic Analysis press release page is helpful. Depending on the series, you could also look at the Bureau of Labor Statistics press release page.  For time series of both historical and present data, the St. Louis Federal Reserve maintains a database such data, including numerous measures of GDP, called FRED. They list nearly 15,000 series related to GDP alone. FRED is extremely useful because it allows you to make graphs that indicate areas of recession, like this:  On the series' homepage, there's a bold link on the left side to download the data. If you simply need the most recent data, it's listed below the graph on that page.  If you're interested in a more in-depth analysis, you can use the Bureau of Economic Analysis as well, specifically the National Income and Product Accounts, which are most of the numbers that feed into the calculation of GDP. FRED also archives some of these data. Both FRED and the BEA compile data on numerous other economic benchmarks as well.  Other general sources for a wide range of announcements are the Yahoo, Bloomberg, and the Wall Street Journal economic calendars. These provide the dates of many economic announcements, e.g. existing home sales, durable orders, crude inventories, etc. Yahoo provides links to the raw data where available; Bloomberg and the WSJ provide links to their article where appropriate. This is a great way to learn about various announcements and how they affect the markets; for example, the somewhat disappointing durable orders announcement recently pushed markets down a few points.  For Europe, look at Eurostat. On the left side of the page, they list links to common data, including GDP. They list the latest releases on the home page that I previously linked to.  For the sake of keeping this question short, I'm lumping the rest of the world into this paragraph. Data for many other countries is maintained by their governments or central banks in a similar fashion. The World Bank's databank also has relevant data like Gross National Income (GNI), which isn't identical to GDP, but it's another (less common) macroeconomic indicator.  You can also look at the economic calendar on livecharts.co.uk or xe.com, which list events for the US, Europe, Australasia, and some Latin American countries. If you're only interested in the US, the Bloomberg or Yahoo calendars may have a higher signal-to-noise ratio, but if you're interested in following how global markets like currency markets respond to new information, a global economic calendar is a must. Dailyfx.com also has a global economic calendar that, according to them, is specifically geared towards events that affect the forex market.  As I said, governments and central banks compile a lot of this data, so to make searching easier, here are a few links to statistical agencies and central banks for major countries. I compiled this list a while ago on my personal machine, so although I think all the links are accurate, leave a comment if something isn't quite right.  Statistics Australia / Brazil / Canada / Canada / China / Eurostat / France / Germany / IMF / Japan / Mexico / OECD / Thailand / UK / US Central banks Australia / Brazil / Canada / Chile / China / ECB / Hungary / India / Indonesia / Israel / Japan / Mexico / Norway / Russia / Sweden / Switzerland / Thailand / UK / US"}
{"_id": "111289", "title": "", "text": "I stopped paying for television from my cable company a few years ago.  I have Netflix, Hulu Plus, Roku, DVDs, Bluray, ect.  The only thing I wish I had that I don't is HBOgo.  I'm in the same boat about commercials as the author.  When I'm at someone else's house and a commercial comes on, it is a novel thing."}
{"_id": "111294", "title": "", "text": "This chart showing percentage of smartphone market by operating system is interesting:  https://www.statista.com/statistics/266136/global-market-share-held-by-smartphone-operating-systems/  It shows that Apple has a cyclical trend where the percentage of smartphones sold by Apple peaks in the 4th quarter of every year at around 20% and then gradually goes down to around 15% in the 3rd quarter of each year.  Apple basically survives on a fad-like cycle very similar to automobiles where a new model overcomes the price difference with primarily android phones to create a surge of buyers each year around Christmas."}
{"_id": "111300", "title": "", "text": "\"My knee-jerk reaction was \"\"no, they are not worth it\"\", but I took a little time to look up what some of the trusted names in consumer electronics reviews had to say about extended warranties/service contracts. A cnet writer said that your decision should consider the price of the service contract relative to the price of the item you're buying, as well as the amount of hassle you're willing to endure, should something go wrong. Consumer Reports believes that the warranties that come with your products are almost always enough, and they say that electronics and appliances are so well-built nowadays, the likelihood of you needing extra service before you upgrade are slim-to-none. And the folks over at epinions.com offer the same maybe-yes-maybe-no advice as the cnet guys: depends on your appetite for risk and the options available to you. So I would suggest that the answer be \"\"no\"\" most of the time, but consider it anyway.\""}
{"_id": "111301", "title": "", "text": "To Chris' comment, find out if the assignment commission is the same as the commission for an executed trade. If that does affect the profit, just let it expire.  I've had spreads (buy a call, sell a higher strike call, same dates) so deep in the money, I just made sense to let both exercise at expiration. Don't panic if all legs ofthe trade don't show until Sunday or even Monday morning."}
{"_id": "111330", "title": "", "text": "Travellingcamera are an ideal website for you! Where you can read journals, narrations, stories and personal experiences. We are an extensive website carries different latest post and stories such as Death in Oregon, A people\u2019s Plea, Woman freezes to death in Oregon and much more. If you want to read related real incident and politics view, then you can visit our website and you can search favorite post related category."}
{"_id": "111339", "title": "", "text": "Enormous revenue, not profits. Profits would be taxed. Doesn't seem like a problem to me. You can't spend money without realizing the profits - it's wealth on paper. (You can do interesting things like use it for donations to offset current income, as an individual. Or use it as collateral for transactions without actually selling it and realizing the gains.)"}
{"_id": "111349", "title": "", "text": "It's only expensive and failing (at the moment) due to trumps behaviors. It might not be perfect for the long run, but we don't need a president making dangerous decisions to de fund Healthcare by millions which wasn't approved by congress. And he's doing it for his own personal political gain because he knows t will fire up is supporters, like you. Well I've got news for you.. I hope you have good health insurance and don't get cancer. You might be burning your MAGA hat overnight."}
{"_id": "111350", "title": "", "text": "If you want to 'offset' current (2016) income, only deductible contribution to a traditional IRA does that. You can make nondeductible contributions to a trad IRA, and there are cases where that makes sense for the future and cases where it doesn't, but it doesn't give you a deduction now. Similarly a Roth IRA has possible advantages and disadvantages, but it does not have a deduction now. Currently he maximum is $5500 per person ($6500 if over age 50, but you aren't) which with two accounts (barely) covers your $10k.  To be eligible to make this deductible traditional contribution, you must  have earned income (employment or self-employment, but NOT the distribution from another IRA) at least the amount you want to contribute NOT have combined income (specifically MAGI, Modified Adjusted Gross Income) exceeding the phaseout limit (starts at $96,000 for married-joint) IF you were covered during the year (either you or your spouse) by an employer retirement plan (look at box 13 on your W-2's). With whom. Pretty much any bank, brokerage, or mutual fund family can handle IRAs. (To be technical, the bank's holding company will have an investment arm -- to you it will usually look like one operation with one name and logo, one office, one customer service department, one website etc, but the investment part must be legally separate from the insured banking part so you may notice a different name on your legal and tax forms.) If you are satisified with the custodian of the inherited IRA you already have, you might just stay with them -- they may not need as much paperwork, you don't need to meet and get comfortable with new people, you don't need to learn a new website. But if they sold you an annuity at your age -- as opposed to you inheriting an already annuitized IRA -- I'd want a lot of details before trusting they are acting in your best interests; most annuities sold to IRA holders are poor deals. In what. Since you want only moderate risk at least to start, and also since you are starting with a relatively small amount where minimum investments, expenses and fees can make more of an impact on your results, I would go with one or a few broad (= lower risk) index (= lower cost) fund(s). Every major fund familly also offers at least a few 'balanced' funds which give you a mixture of stocks and bonds, and sometimes some 'alternatives', in one fund.  Remember this is not committing you forever; any reasonable custodian will allow you to move or spread to more-adventurous (but not wild and crazy) investments, which may be better for you in future years when you have some more money in the account and some more time to ponder your goals and options and comfort level."}
{"_id": "111354", "title": "", "text": "From my experience it is much easier to start as a self-employed rather than a limited company. You almost have no paperwork and self assessment can be done online in as little as 20 minutes (from personal experience).  On the other hand having a limited company grants you a pile of papers to fill in from the start and almost certainly needing an accountant to do your taxes.  Regarding the income tax - if you have no profits, you will pay no tax. And that will leave you only with national insurance that is only about \u00a370 for 3 month (better check with HMRC for the exact figure). So if you don't have a good enough reason to do a Ltd, start as a self-employed, you can always change to limited company later."}
{"_id": "111391", "title": "", "text": "\"I will say in advance this is not a great answer, but I had a similar experience when I owned a CIT bond that defaulted. I ended up getting stock plus 5 newly issued bonds as a replacement for my defaulted bond. My broker had no clue on cost basis and didn't even try for the new securities, I called the \"\"hotline\"\" setup about CIT default and they knew nothing, and finally I read all the paperwork around the restructuring but it was less than transparent. So in the end I ended up claiming everything as a wash, no gain/no loss - which probably screwed me in the end as I believe I ended up down. It was a very small position for me and was not worth the headache :(\""}
{"_id": "111392", "title": "", "text": "Despite all the extensive benefits of communication and marketing that the internet has brought, it also includes the danger of an easy means of disparaging a company or individual. This is why it is so essential to safeguard your company\u2019s good name as well as reinforce your credibility. How can you do this?"}
{"_id": "111412", "title": "", "text": "Store cards also tend to have a fairly low credit limit so depending on how much money you spend on the card, your credit utilisation might be a lot higher than desirable."}
{"_id": "111431", "title": "", "text": "\"This article is written by an idiot!!  Risk \u2260 failure, risk = possibility of failure  Reward (return) should be commensurate with risk and this is why long-shot propositions should be worthwhile. An example of this could be something like the following; an investment with a 95% chance of success should return about 5% on the investment (1 in 20 risk of loss, 1/20th return on investment for taking the risk) while a long-shot investment with a 5% chance of success should be paying a 2000% return (1 in 20 will succeed but they will pay 20 times the investment if they do).  An investment with a 0% chance of return (that you are suckered into due to \"\"opacity\"\") is not an investment, it is being robbed and it should be illegal. WTF is opacity? Lying?\""}
{"_id": "111439", "title": "", "text": "While it may look similar income and wealth inequality is not directly related H1 visa.  After all, it provides someone from poorer region jobs.  It has more to do with technology. Stopping H1B visa won't solve that issue."}
{"_id": "111451", "title": "", "text": "Currency hedge means that you are somewhat protected from movements in currency as your investment is in gold not currency. So this then becomes less speculative and concentrates more on your intended investment.  EDIT The purpose of the GBSE ETF is aimed for investors living in Europe wanting to invest in USD Gold and not be effected by movements in the EUR/USD. The GBSE ETF aims to hedge against the effects of the currency movements in the EUR/USD and more closely track the USD Gold price. The 3 charts below demonstrate this over the past 5 years.    So as is demonstrated the performance of the GBSE ETF closely matches the performance of the USD Gold price rather than the EUR Gold price, meaning someone in Europe can invest in the fund and get the appropriate similar performance as investing directly into the USD Gold without being affected by currency exchange when changing back to EUR. This is by no way speculative as the OP suggests but is in fact serving the purpose as per the ETF details."}
{"_id": "111452", "title": "", "text": "\"Hey there - thanks for your input. The internet can be a confusing place sometimes, especially when you don't know what to look for. I've subscribed to usenet (for the \"\"white papers\"\") but so far to no avail. I'll definitely search for the Moody's paper!\""}
{"_id": "111454", "title": "", "text": "You say that one property is 65% of the value of the two properties and the other is 35%.  But how much of that do the two of you actually own?  If you have co-signed mortgages on both properties, then your equity is going to be lower.  If you sold both properties, then your take away would be just half of that equity.  And while the 35% property may be less valuable, if you bought it first, it may actually have more equity.   It's the equity that matters here, not the value of the property.  With a mortgage, the bank is more of an owner than you are until you've paid down most of the loan.   You may find that the bank won't agree to a single-owner refinance.  A co-signed mortgage is a lot easier for them to collect, as they can hold either of you responsible for the entire loan.   If you sell the 65% property, then you can pay off any mortgage on that property and use the equity payout from that to buy out your relative on the 35% property.  If you currently have no mortgage, you'd even have cash back.  This is your fewest strings option.   Let's say that you have no mortgage now.  So this mortgage would be the only mortgage on the property.  It's not so much, as 15:65 is 3:13 or 18.75% of the value of the property.  That's more of a home equity loan than a mortgage.  You should be able to get a good rate.  It might reduce your short term profit, but it should be survivable if you have other income.   If you don't have other income, then seriously consider selling the 65% property and diversifying the payout into something else.  E.g. stocks and bonds.   Perhaps your relative would be willing to float you the loan.  That would save you bank fees and closing costs.  Write up a contract and agree to take assignment of the title at payoff.  You'll need to pay a lawyer to write up the contract (paying a modest amount now to cover the various future possibilities), but that should still be cheaper.   There's a certain amount of trust required on both sides, but this gives you some separation.  And of course it takes your relative out of the day-to-day management entirely.  Perhaps the steady flow of cash would provide what they need.   If your relative is willing to remain that involved, that can work.  Note that they may not want to do this, so don't get too attached to the idea.  Be prepared for a no.  This would be a great option for you, as you pretty much get everything you have now.  They get back the time meeting with you to make decisions, but they also give up control over those decisions.  Some people would not like that tradeoff.   The one time I was involved with a professional managing a property for me, the fee was around 7% of the rent.  If that fits your area, you might reasonably charge 5%.  That gives a discount for family and not being a professional.   There's a relatively easy way to find out what fits your area.  Look around and see what companies offer multiple listings.  Call until you find a couple that will do management for you.  Get quotes for managing your properties.  Now you'll know the amounts.   The big failing though is that this may not describe the issue that your relative has.  If the real problem is that the two of you have different approaches to property management, then making you the only decision maker may be the wrong direction.  This is certainly financially feasible, but it still may not be the right solution for your relationship.   If you get a no on this, I'd recommend moving on to other solutions immediately.  This may simply be too favorable to you."}
{"_id": "111466", "title": "", "text": "When you start living in US, it doesn't actually matter what was your Credit history in another country. Your Credit History in US is tied to your SSN (Social Security Number), which will be awarded once you are in the country legally and apply for it. Getting an SSN also doesn't guarantee you nothing and you have to build your credit history slowly. Opening a Checking or Savings account will not help you in building a credit history. You need to have some type of Credit Account (credit card, car loan, mortgage etc.) linked to your SSN to start building your credit history. When you are new to US, you probably won't find any bank that will give you a Credit Card as you have no Credit history. One alternative is to apply for a secured credit card. A secured credit card is one you get by putting money or paying money to a bank and open a Credit Card against that money, thereby the bank can be secure that they won't lose any money. Once you have that, you can use that to build up your credit history slowly and once you have a good credit history and score, apply for regular Credit Card or apply for a car loan, mortgage etc. When I came to US 8 years ago, my Credit History was nothing, even though I had pretty good balance and credit history back in my country. I applied for secured credit card by paying $500 to a bank ( which got acquired by CapitalOne ), got it approved and used it for everything, for three years. I applied for other cards in the mean time but got rejected every time. Finally got approved for a regular credit card after three years and in one year added a mortgage and car loan, which helped me to get a decent score now. And Yes, a good Credit Score is important and essential for renting an apartment, leasing a car, getting a Credit Card etc.  but normally your employer can always arrange for an apartment given your situation or you need to share apartment with someone else. You can rent a car without and credit score, but need a valid US / International Drivers license and a Credit Card :-) Best option will be to open a secured credit card and start building your credit. When your wife and family arrives, they also will be assigned individual SSN and can start building their credit history themselves. Please keep in mind that Credit Score and Credit History is always individual here..."}
{"_id": "111492", "title": "", "text": "First, i think you're doing awesomely for your age. Here's what i'd do in your situation (disclaimer: These are just my personal opinions from experience with my own finances.): I'd do all those things and partition the money so that i ensure i do them all. That may mean not dollar cost averaging monthly but rather quarterly to keep fees-percentages down, but i think that's reasonable for your age. Something i don't think you should overlook with regard to your mortgage is the freedom afforded you by paying off a home. It provides you with the freedom to be out of work, between work, or take an extended leave without the fear of how to pay your bills, the mortgage tending to be a significant percentage of the monthly bills. If that's not something you've considered, not a concern, or not something you care about, then paying off your home probably isn't a priority so I'd drop that step and put more money into investments."}
{"_id": "111502", "title": "", "text": "the CIA has been meddling in every country's backyard. starting with their first mission after their inception: ruining the Iranian democratically elected government in 1953. quickly followed by funding rebel unreset in Guatemala 1954 in order to replace their democratically elected goverment with another US-puppet.  it doesn't end there .. that was just the beginning."}
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{"_id": "111511", "title": "", "text": "\"To report backdoor Roth IRA contributions in TurboTax, you have to fill in two completely separate places: After you fill out #1, your \"\"taxes\"\" will seem to increase, but go back down when you fill out #2, if you fill it out correctly. You have to make sure to answer all the questions literally, in order to correctly calculate the basis from the previous year. Unfortunately, this is one of the things that's easier to do by hand (just filling out Form 8606) than using one of these software products. Backdoor Roth IRA is one of those things \"\"the average Joe\"\" doesn't do, so the software product doesn't optimize for it.\""}
{"_id": "111512", "title": "", "text": "You're not clueless at all. You don't mention that you have any debt, but if you have consumer debt, you might want to consider accelerating your payments on those debts unless you're already doing so. You and your wife have a baby on the way.  They're an absolute joy (we have a 7-year-old), but they're also a financial strain.  If I were in your shoes knowing what I know about your situation, I'd think carefully and go slowly with any investing until after you adjust to a larger family.  That way you run less risk of having a sizable investment tank when you really need the money for your new baby. Continue to learn about investing.  There's no reason to rush into something you're not comfortable with. If your goal is for a down payment on a house, then continue towards that.  Cash is just fine for that.  Shop around for a good house from someone who really needs to sell."}
{"_id": "111516", "title": "", "text": "We can see that the velocity of money has been in downward trend for decades. For now it's at the historical low and seems to be overlooked by the general public and perhaps academics. What are the implications? Is it a problem?"}
{"_id": "111530", "title": "", "text": "I noticed a lot more things getting painless with Stata that would have been annoying in ecxel. In stata this could have been one command entered.   But I'm sure there are ways to do things more elegantly in excel I just don't know how. Stata was a learning effort of about a week to do what I was doing."}
{"_id": "111531", "title": "", "text": "\"From what you've described, your spouse is a non-resident alien for US tax purposes. You have two choices: Use the Nonresident Spouse Treated As Resident election and file as Married Filing Jointly. Since your spouse doesn't have, and doesn't currently qualify for, an SSN, he/she will need to apply for an ITIN together with the tax filing. Note that by becoming a resident alien, your spouse's worldwide income the whole year would be subject to US taxes, and would need to be reported on your joint tax filing, though he/she will be able to use the Foreign Earned Income Exclusion to exclude $100k of her foreign earned income, since he/she will have been out of the US for 330 days in a 12-month period. Or, file as Married Filing Separately. You write \"\"NRA\"\" for your spouse's SSN on your tax return. As a nonresident alien, if your spouse doesn't have any US income, he/she doesn't have to file a US tax return, and doesn't need to apply for an ITIN. Which one is better is up to you to figure out.\""}
{"_id": "111568", "title": "", "text": "With Apple the money is offshore.    That is why they borrow and at now about $100B of debt but have about $250B in the bank offshore.  But you do have to be careful because the money offshore is NOT yet taxed and so it is not really a 1:1.  With Google it is less than $4B so not really a big deal but can not answer why not just use the onshore cash to pay it off.   Google has plenty of money onshore to do this.    I believe Apple over the last year had 4% onshore low point and high point was 7%.    Google it is 40% or 60%.  I know it is 40/60 split but can never remember which way."}
{"_id": "111574", "title": "", "text": "Not entirely true and depends who maintains the roads. At the state level,  it depends on the state - some fund a large chunk out of gas taxes, some out of vehicle registration fees, and some fund more out of other taxes.  Then you get down to the county level, and local level and it's even more varied. Things maintained by the municipal government are often funded more by property tax than by fuel tax.  On top of that, there's a large chunk administered at the state and local level, but funded by federal dollars that came from income taxes or sources other than fuel taxes.  [if you like sources](http://www.streetsblog.org/2009/11/24/new-report-road-funding-from-non-road-users-doubled-in-25-years/) or [this overview of the state level](http://www.uiowa.edu/~ipro/Papers%202006/roadfunding012307.pdf)"}
{"_id": "111578", "title": "", "text": "You can be assured of our professional service and many smiles on your special day. Because Your search ends here, At Vamos paella, we understand that a delicious food is always of primary focus in paella parties. We have created three enticing menus that will allow you to combine paella with tapas, salads, breads, salsa and desserts. Of course, this menu can be customized to cater for your vegetarian, pescatarians and non vegitarian friends alike. Get innovative and offer tasty treats to accompany paella. This could be in form of desserts, appetizers or even entrees. Checkout our site: http://paellacatering.jigsy.com/entries/general/hire-paella-catering-for-your-next-big-event"}
{"_id": "111580", "title": "", "text": "\"The simplest argument for overpayment is this: Let's suppose your fixed rate mortgage has an interest rate of 4.00%. Every \u00a31 you can afford to overpay gives you a guaranteed effective return of 4.00% gross. Yes your monthly mortgage payment will stay the same; however, the proportion of it that's paying off interest every month will be less, and the amount that's actually going into acquiring the bricks and mortar of your home will be greater. So in a sense your returns are \"\"inverted\"\" i.e. because every \u00a31 you overpay is \u00a31 you don't need to keep paying 4% a year to continue borrowing. In your case this return will be locked away for a few more years, until you can remortgage the property. However, compared to some other things you could do with your excess \u00a31s, this is a very generous and safe return that is well above the average rate of UK inflation for the past ten years. Let's compare that to some other options for your extra \u00a31s: Cash savings: The most competitive rate I can currently find for instant access is 1.63% from ICICI. If you are prepared to lock your money away until March 2020, Melton Mowbray Building Society has a fixed rate bond that will pay you 2.60% gross. On these accounts you pay income tax at your marginal rate on any interest received. For a basic rate taxpayer that's 20%. If you're a higher rate taxpayer that means 40% of this interest is deducted as tax. In other words: assuming you pay income tax at one of these rates, to get an effective return of 4.00% on cash savings you'd have to find an account paying: Cash ISAs: these accounts are tax sheltered, so the income tax equation isn't an issue. However, the best rate I can find on a 4 year fixed rate cash ISA is 2.35% from Leeds Building Society. As you can see, it's a long way below the returns you can get from overpaying. To find returns such as that you would have to take a lot more risk with your money \u2013 for example: Stock market investments: For example, an index fund tracking the FTSE 100 (UK-listed blue chip companies) could have given you a total return of 3.62% over the last 3 years (past performance does not equal future returns). Over a longer time period this return should be better \u2013 historical performance suggests somewhere between 5 to 6% is the norm. But take a closer look and you'll see that over the last six months of 2015 this fund had a negative return of 6.11%, i.e. for a time you'd have been losing money. How would you feel about that kind of volatility? In conclusion: I understand your frustration at having locked in to a long term fixed rate (effectively insuring against rates going up), then seeing rates stay low for longer than most commentators thought. However, overpaying your mortgage is one way you can turn this situation into a pretty good deal for yourself \u2013 a 4% guaranteed return is one that most cash savers would envy. In response to comments, I've uploaded a spreadsheet that I hope will make the numbers clearer. I've used an example of owing \u00a3100k over 25 years at an unvarying 4% interest, and shown the scenarios with and without making a \u00a3100/month voluntary overpayment, assuming your lender allows this. Here's the sheet: https://www.scribd.com/doc/294640994/Mortgage-Amortization-Sheet-Mortgage-Overpayment-Comparison After one year you have made \u00a31,200 in overpayments. You now owe \u00a31,222.25 less than if you hadn't overpaid.  After five years you owe \u00a36,629 less on your mortgage, having overpaid in \u00a36,000 so far. Should you remortgage at this point that \u00a3629 is your return so far, and you also have \u00a36k more equity in the property.  If you keep going: After 65 months you are paying more capital than interest out of your monthly payment. This takes until 93 months without overpayments. In total, if you keep up \u00a3100/month overpayment, you pay \u00a315,533 less interest overall, and end your mortgage six years early. You can play with the spreadsheet inputs to see the effect of different overpayment amounts. Hope this helps.\""}
{"_id": "111581", "title": "", "text": "Yes, you can make contributions to your HSA for 2013 until April 15, 2014.  However, when you make the contribution, you need to explicitly tell the financial institution that your deposit is for tax year 2013, as they will be reporting to the IRS your total 2013 contributions after April 15. If you haven't filed your tax return for 2013 yet, you can wait until you make your final HSA contribution for 2013, and then file (before April 15).  Otherwise, if you have already filed for 2013, and you make another HSA contribution for 2013, you'll need to file an amended return in order to claim the additional deduction. One more piece of advice: Don't wait until the last day to make this contribution.  Make your final contribution at least a week early.  Each year here on the site we get some questions from people who made an HSA or IRA contribution on April 15, only to be told by the bank that they missed some internal bank deadline by a few hours.  There is no need to wait until the last day; don't cut it too close."}
{"_id": "111594", "title": "", "text": "Credit cards come with an interest-free grace period of ~25 days as long as you pay your balance in full every month. In other words, charges made in January will appear on a bill cut on Jan 31, and due around the 25th of February. If paid in full by 2/25, there's no interest. It is a very good idea to get in the habit of paying off your entire balance every month for this very reason. Don't buy anything you can't afford to pay for at the end of the month when the credit card bill is due. You'll avoid interest charges, build good habits, and improve your credit score. By just paying the minimum amount due, you'll be charged interest from the moment of purchase, and the grace period on new purchases goes away. Credit card companies make the minimum amount due relatively low as a way to encourage you to pay more and more in interest every month. Don't fall for it! Look for a credit card with zero annual fee. Sure, rewards are nice, but it's more important to avoid fees, keep the interest rate low, and get in the habit of paying in full every month, in which case the interest rate won't matter. Your bank or credit union is a good place to start looking."}
{"_id": "111603", "title": "", "text": "Does the 457(b) plan allow for the rollover of other retirement funds into it? And do you have very specific reasons for wanting to roll over your SEP-IRA into the 457(b) plan instead of into some other IRA plan with a different custodian? For example, if you already have a Traditional IRA, is there any reason why your SEP-IRA should not be rolled over into the Traditional IRA? With regard to the question about separate accounts, once upon a time, rolling over money from an employment retirement plan (e.g. 401k) into a Traditional IRA required establishing a separate account called a Rollover Traditional IRA so that the rolled-over money (and the earnings thereon) were not commingled with standard traditional IRA money resulting from personal contributions). This was so that the account owner had the option of rolling over the separately kept money into a new employer's retirement plan (if such a rollover was permitted by the new 401k plan). If one did not want to ever roll over money into a new employer plan, one had to write a letter to the custodian telling them that commingling was OK; you never wanted to put that money into another 401k plan. The law changed some time later and the concept of Rollover IRAs holding non-commingled funds has disappeared.  With that as prologue, my answer to your question is that perhaps the law did not change with respect to 457(b) plans, and so the money that you want to rollover into the 457(b) plan needs to be kept separate and not commingled with your contributions via payroll deduction to the 457(b) plan (in case you want to ever roll over the SEP-IRA money into another SEP-IRA). Hence, separate accounts are needed: one to hold your SEP-IRA money and one to hold your contributions via payroll deductions."}
{"_id": "111610", "title": "", "text": "Before the iPhone, Nokia was worth around 250 BILLION $. That's nearly the same ballpark as Apples current valuation. And it evaporated to less than 8 billion and then to nothing in a few short years. The level of incompetence required at every step of the way to destroy that much capital is quite simply staggering. So many incompetent idiots, stumbling around with no clue what they were doing. Ballmer and Elop get most of the flack, but I'd say the old guard of leaders at Nokia deserve the brunt of the blame."}
{"_id": "111615", "title": "", "text": "\"According to the following article the answer is \"\"first-in, first-out\"\": http://smallbusiness.chron.com/calculate-cost-basis-stock-multiple-purchases-21588.html According to the following article the last answer was just one option an investor can choose: https://www.usaa.com/inet/pages/advice-investing-costbasis?akredirect=true\""}
{"_id": "111647", "title": "", "text": "&gt; That's almost entirely people under the age of 26  Yup. So again to say ACA hasn't taken effectyet is wrong, and you've yet to show where I am wrong, if you can, go ahead and quote me.   &gt; Thanks for playing.  Yup, I'm happy to have won."}
{"_id": "111658", "title": "", "text": "Advanced Cleaning Systems enjoys a growing reputation as one of the best carpet cleaners in Tryon, NC, as well as experts in Tyron rug and tile cleaning. Let our professional and skilled carpet cleaning team make your rugs and carpets look like new."}
{"_id": "111659", "title": "", "text": "\"As a BC alum all I can say is....enjoy it! It's an amazing school and the alumni network is incredibly helpful. Make friends, go to Hockey games, have a good time, and take interesting classes outside of CSOM.   It's great that you're already so far ahead of the curve in terms of thinking about your future. Just remember: Everyone thinks they will get a 4.0 their first year, but nobody actually does.  BC is a semi-target and a lot of my friends got FO summer analyst roles through OCR and were then hired full time. Typically they had 3.6-3.8 GPAs and some extra curriculars.   Nobody expects anything freshman year. Even if you \"\"only\"\" get a summer internship at some small company helping with the accounting, you will be way ahead. I did a cold calling summer job at a 10 person company and ended up doing Finance anyway.   Feel free to PM me if you have any questions about BC or the internship search. Go Eagles!\""}
{"_id": "111682", "title": "", "text": "Thanks. I'm more shocked than anything, that the majority of people are so strongly opposed to a perfectly reasonable suggestion: that a dubious blog which can't pass the test of basic academic credibility, and outright states it's own methodology is unscientific, cannot be taken as a credible source in an argument. People got unreasonably upset about it and they won't even say why."}
{"_id": "111707", "title": "", "text": "\"&gt;or just plain useless job skills.  Not that commenter, but I honestly think the focus of college as jobs only has been one of the biggest downfalls. It's caused a stigma to trade schools and to not going to college.  Additionally, for people who are there, the focus on STEM at all costs seems to be leaving us with people who are less able to think critically, analyze information, and write coherently. The former two, at least, are hugely problematic for an informed society. An uninformed (or wrongly informed) society can have tons of negative repercussions. See: current political climate.  Also, there have been reports laying out the math that offering \"\"free\"\" college would currently be cheaper than the system of loans we have, chasing down defaulters, etc.\""}
{"_id": "111718", "title": "", "text": "\"Why should the owners and the leagues do that?  I'm no \"\"FREE MARKET\"\" loon, but it is the job of the owners and the leagues to get whatever value they can for the tickets  or advertising space.  If the players bring a huge value to how much advertising they sell or how many people want to go to the games, why should they not be compensated fairly for that?\""}
{"_id": "111727", "title": "", "text": "The fact that you're a minor really only factors into who pays the taxes, you or your parents. If you are below the age where you can legally earn money (and therefore pay taxes), then the income will be considered your parent's or guardian's income, and they will be responsible for the taxes. If you are of the age where you are legally allowed to earn your own money, then yes, you will have to pay taxes. Either way, taxes must be paid. If age were a way of escaping the taxes, every big youtuber would simply open their account in the name of one of their children or a child they know..."}
{"_id": "111730", "title": "", "text": "&gt;You seem to have very little respect for your coworkers in general. So why the fuck are you still there?!? A true high performers rarely can stomach working with people they despise as long as you've been with this company.  It's a job and I need the money. I'm used to being the top percentile of the class, working at the top firms. The economy has made that difficult. So I'm settling for less and looking for better opportunities in the meantime.  Thanks for the advice, I understand what you mean now."}
{"_id": "111748", "title": "", "text": "property rights...N. America was the only region without a large population relative to it's size because it's cold. To encourage ppl to move their the King of England had to give ppl property rights, which he did not in other southern colonies where their main plan was resource extraction (not sure if this is the case in NZ or Australia, but I wouldn't be surprised)."}
{"_id": "111749", "title": "", "text": "They most likely went to the debt markets for the money. I'm only saying this because it's still cheap to borrow money and Bezos has a history of borrowing money for acquisitions, especially in the early 2000s (most of which Bezos later regretted). Amazon obviously has huge cash pile but why would you ever use your own money when you can use someone else's?"}
{"_id": "111764", "title": "", "text": "Many services charge prices that do not scale linearly with usage.  This is because the service provider has fixed costs that they must recoup by charging a rate with a fixed component.  A 5-mile taxi ride is unlikely to cost half what a 10-mile taxi ride costs.  Even a half sandwich at a sandwich place usually costs more than half of what a full sandwich costs.  In this respect, insurance is no different from many other items you may purchase."}
{"_id": "111768", "title": "", "text": "Option prices can predict the range of movement of the underlying, but not if the underlying is going up or down. An option price gives an implied volatility for an underlying . That IV number helps predict a range for the underlying price over the next few days,months, upto a year."}
{"_id": "111771", "title": "", "text": "Yes, you can set up a PayPal or a Google Checkout account without a bank account linked to it. Neither PayPal nor Google Checkout requires you to link to a bank account. Both services provide for linking your payment account to a credit card instead."}
{"_id": "111773", "title": "", "text": "There are different types of agreements. Sometimes an underwriter will simply try to find buyers. Other times an underwriter will guarantee that all shares will be sold at some price. If this is the case and they do not find enough buyers, the underwriter will buy the remaining shares."}
{"_id": "111796", "title": "", "text": "\"&gt; \"\"Our biblical mission,\"\" an online statement reads, \"\"is to 'sell' our lighting products so that we may 'tell' everyone we can about God's soul-saving, life transforming gospel message...\"\"  First piece of evidence (but legal)  &gt; In the interview, Wolfe claims he was told most employees at Voss were Southern Baptist, but employees could go to any church, as long as they were \"\"born again.\"\"  Second piece of evidence (trending towards grey area, but legal)  &gt; According to the complaint, the manager asked Wolfe \"\"to identify every church he has attended over the past several years; where and when [he] was 'saved' and the circumstances that led up to it.\"\"  Third piece of evidence (not legal)  &gt; The complaint claims the manager asked Wolfe if he would \"\"have a problem\"\" coming to work early, without pay, to attend Bible study.  Fourth (not legal, but often overlooked)  When I say the business laid out what they expect out of employees, I did mean \"\"during the hiring process based on the questions asked\"\", not laid them out in public view. It's still illegal whether they did it in public or private.\""}
{"_id": "111810", "title": "", "text": "I would not remove the current social programs . I wouldn't keep the current school system in the States or Canada if I was going to do this either . Public tax payed schools and apprenticeship programs only . So not qualified would not really be an issue , there would be something . Not wanting to is actually kind of the point , since apparently according to the article  most unemployed men really want to do just do drugs or it doesn't say so but I suspect stay home and play video games or both  ."}
{"_id": "111815", "title": "", "text": "Although I don't think you need to factor in risk tolerance to get the probabilities, I agree with JoeTaxpayer that you will need to factor in risk tolerance in order to make a practical decision about what to do.  In fact, I think that to make a practical decision you will need more than the specific probability you ask for you in the question; rather, you would like to see the complete probability distribution of possible outcomes. In other words, it's not enough to know that there is a 51% chance that investing will outperform paying down debt.  You actually need to know much it outperforms when it does outperform, and how much it underperforms when it underperforms.  As JoeTaxpayer's comment suggests, you might not choose to make an investment that had a 99% chance of outperforming debt payment by 1%, and a 1% chance of underperforming by 99%. I think it possible to address these questions by doing simulations.  This can be done even with a spreadsheet, but more flexibly with simple programming.  Essentially you can create some kind of probabilistic model of the various factors (e.g., chance that your investment will go up or down) and see what actually happens: how often you lose a lot of money, lose a little money, gain a little money, or gain a lot of money.  Then based on that you can consult your inner spirit animal to decide whether the probability distribution of possible gains outweighs that of possible losses."}
{"_id": "111818", "title": "", "text": "Misleading title. The McDonald's corporation is having trouble on three continents. Title makes it sound like people are threatening him to the point of having to lock himself in his home or have armed guards around when travelling abroad. But what else can you expect from HuffPo..."}
{"_id": "111827", "title": "", "text": "You are correct in thinking actual number of shares do not matter, the value is the value.   However there are cases where share price does play a role.  Berkshire Hathaway for example has not split because Warren Buffet believes it has cut down on the liquidity of the stock, as well as attracting investors with an eye for the longer term.   There have also been things written on the psychology of a share price. For example, some people are attracted to shares that split, because it reflects a company is growing."}
{"_id": "111843", "title": "", "text": "It depends on the vesting schedule and the likelihood you'll be there long enough to get any vesting. A typical 6 year schedule gets you 20% after 2 years. You already know you'll be there 1 year, so now you need to decide if you'll last 2 years. Unless you know for sure you won't last 2 years, you should take the match on the 4%. Suppose your retirement plan earns 10%. If you leave before 2 years, compared with your 18% you're only behind by 8% return. But if you last 2 years, you'd be making a 32% return on that same amount. After 3 years you'd make 54%, and up it goes from there until you hit a 120% return after 6 years. I'd take the match simply because you have a lot more to gain than you have to lose if you leave early."}
{"_id": "111865", "title": "", "text": "\"If neither of you has evidence to show the other, it sounds like you're just fighting over pre-conceived gut-opinions. If both of you can admit to that, then start from there, and start taking a look at the evidence together. Make sure you have a common goal that you can use as a measuring stick, while looking at the available evidence - if two people are measuring the same \"\"truth\"\" with different measuring sticks, they'll probably end up with unrelated conclusions...\""}
{"_id": "111867", "title": "", "text": "EDIT: After reading one of the comments on the original question, I realized that there is a much more intuitive way to think about this. If you look at it as a standard PV calculation and hold each of the cashflows constant. Really what's happening is that because of inflation the discount rate isn't the full value of the interest rate. Really the discount rate is only the portion of the interest rate above the inflation rate. Hence in the standard perpetuity PV equation PV = A / r r becomes the interest rate less the inflation rate which gives you PV = A / (i - g). That seems like a much better way to get to the answer than all the machinations I was originally trying. Original Answer: I think I finally figured this out. The general term for this type of system in which the payments increase over time is a gradient series annuity. In this specific example since the payment is increasing by a percentage each period (not a constant rate) this would be considered a geometric gradient series. According to this link the formula for the present value of a geometric gradient series of payments is: Where P is the present value of this series of cashflows.   A_1 is the initial payment for period 1 (i.e. the amount you want to withdraw adjusted for inflation).   g is the gradient or growth rate of the periodic payment (in this case this is the inflation rate)   i is the interest rate   n is the number of payments This is almost exactly what I was looking for in my original question. The only problem is this is for a fixed amount of time (i.e. n periods). In order to figure out the formula for a perpetuity we need to find the limit of the right side of this equation as the number of periods (n) approaches infinity. Luckily in this equation n is already well isolated to a single term: (1 + g)^n/(1 + i)^-n}. And since we know that the interest rate, i, has to be greater than the inflation rate, g, the limit of that factor is 0. So after replacing that term with 0 our equation simplifies to the following: Note: I don't do this stuff for a living and honestly don't have a fantastic finance IQ. It's been a while since I've done any calculus or even this much algebra so I may have made an error in the math."}
{"_id": "111871", "title": "", "text": "The reason I don't know of any banks who would offer this to you (even if you held the investment account with their bank) is that there is no upside to the bank. It is a good idea for you, but what would they have to gain from this arrangement?  The reason banks require a down payment is underwriting quality. If you can afford a significant down payment, they know that there is a significantly lower chance that you will default. However, if you were to provide an investment account as collateral, you would receive all the upside, and any downside would reduce their collateral as a percent of the amount loaned. This sort of idea could potentially work along the lines of a margin call (ie you have to provide additional capital if your asset value drops), but this would have the effective of leveraging the bank's risk, when their objective is to lower their risk through requiring a down payment. I don't see a reason why the bank would take on the risk that you would need to provide additional capital down the road with no upside for them. Additionally, many banks have backed away from the kinds of zero-down-payment and negative-amortization-ARM loans that got them (or the people they sold them to) in trouble over the last few years in an effort to reduce how much risk they take on. I think that in theory, you'd have to offer a lot more benefit to the bank, and that in practice it's probably a non-starter right now."}
{"_id": "111891", "title": "", "text": "They are not as good of an option when compared to a card you open chosen based on features and rates.  Get a card with a lower rate that can be used anywhere."}
{"_id": "111899", "title": "", "text": "It's not an easy calculation so I made this demonstration that compares a fixed investment with a 100% mortgage, for a simple case.  (Obviously if you lessen the mortgage with a deposit it's somewhere between the extremes.)  The demonstrations shows some definite differences at higher interest rates.  You can probably decipher the calculations in the code if you're interested.  It's intended to be legible. http://demonstrations.wolfram.com/BuyOrRentInvestmentReturnCalculator/"}
{"_id": "111910", "title": "", "text": "I forgot to share with you the latest news [62-Year-Old German Woman Fined over 1,000 Euros for Sharing Anti-Migrant Joke Online](http://www.breitbart.com/london/2017/06/04/62-year-old-german-woman-fined-1000-euros-sharing-anti-migrant-joke-online/)  &gt; A 62-year-old German woman has been fined 1,350 euros by the government after she shared and liked an anti-migrant joke picture on her Facebook page. The 62-year-old Berlin resident Jutta B. from Lichtenberg was arrested and had her home raided by police after she shared a picture on Facebook entitled, \u201cDo you have anything against refugees?\u201d For sharing the picture, which included disparaging comments about migrants, the woman was sentenced to a 1,350 euro fine, German newspaper Berliner Morgenpost reports.  **Germans are so happy and free in their own safe and tolerant country!**"}
{"_id": "111921", "title": "", "text": "With 100K, I would dump the first 95K into something lame like a tax advantaged bond or do as the others here suggested.  My alternative would be to take the remaining 5K and put into something leveraged.  For instance, 5K would be more than enough to buy long term LEAPS options on the SPY ETF.    @ Time of post, you could get 4 contracts on the DEC 2017 leaps at the $225 strike (roughly 10% out of the money) for under $1200 apiece.  Possibly $1100 if you scalp them. 4 * $1200 = $4800 at risk. 4 * $22500 = $90,000 = amount of SPY stock you control with your $4800. If the market drops, SPY never reaches $225 in the next 3 years and you are out the $4800, but can use that to reduce capital gains and still have the $95K on the sidelines earning $950 or so per year.  Basically you'd be guaranteed to have $97K in the bank after two years. If the market goes up significantly before 2018, you'll still have 95K in the bank earning a measly 1%, but you've also got 4 contracts which are equal to $90K shares of S&P 500.  Almost as if every single dollar was invested.  Bad news, if SPY goes up 20% or more from current levels over the next three years you'll unfortunately have earned some taxable income.  Boo freaking hoo. https://money.stackexchange.com/a/48958/13043"}
{"_id": "111949", "title": "", "text": "There are alreayd solutions. Shorter working hours, increased leisure time. Sure people will have less money, but some have postulated that doing so will decrease the cost of living as a correlation, so things should be that much cheaper as well, plus the reduced costs associated with unemployment, and increased need for service industries to work with all the additional leisure time,."}
{"_id": "111967", "title": "", "text": "How is not different?  You want to retire early; hence, you will save what you deem necessary to retire early.  On the other hand, if you turn your retirement savings into capital gains; that's good.  Nonetheless, if you start to earn capital gains that is detrimental to the economic value of the state; then, your taxes should be at higher rate to compensate for that.   Everyone encourages business; rarely anyone would encourage a monopoly.  Earning wealth is good business, hoarding wealth is a monopoly."}
{"_id": "111999", "title": "", "text": "Would I have to pay income tax other then TDS on interest earned on my saving bank account. No being NRI you are not taxed in India on income outside of India. I am sending money from EU to my OWN saving account. Please note this account is not NRI\\NRO\\FCNR As an NRI you CANNOT by law hold a regular Savings Account. Please convert this account to NRO ASAP. Does the channel I use to transfer money to India would make any difference? Its 3rd party transfer service. Whether you transfer the funds or not is irrelevant. As the income was during the period when your status is NRI, there is no Tax in India. sold some shares from my Indian demat account online and got some STCG. You would need to pay tax on this in India Edit:   Self Assessment Tax can be paid till 30 July 2015 for the Financial Year 1 April 2014 to 31 March 2015. Tax have to be paid in advance, so if your tax obligation is more than Rs 10,000/- there will be an interest at 1% per month and penalty at 1% per month payable"}
{"_id": "112001", "title": "", "text": "another point to consider is that as new jobs are created in services for example, they don't necessarily create as much value (and therefore income) as the old jobs that they are replacing  this is one reason for our current economic structure, a tiny upper class and a majority of low-wage earners serving them"}
{"_id": "112003", "title": "", "text": "\"Their interest expense was $17M. Where you see $5.14/sh in Key Statistics, any daily interest received is more than canceled out by the expense paid at the same time. I understand your concern, but this company is not \"\"sitting on cash\"\" as are Apple, Google, etc. Short term rates are well below 1%, 1yr tbill looks like about .2%. So strictly speaking, each share might have 1 cent interest you need to concern yourself with. Disclaimer to other readers - This has nothing to do with taxes. OP is asking about a specific part of the company cash flow. His worst case is $1 per 100 shares.\""}
{"_id": "112006", "title": "", "text": "\"[JAPS Surrender](http://www.amren.com/ar/2009/05/15a-japs-surrender.jpg), also not an accurate headline since not all Japanese did surrender and there were some holdouts in remote locations for decades after the war.  No headline can be accurate under strict enough criteria and there are limitations on headline space because it quickly turns into a paragraph to get everything right (it's head**line** not headparagraph with citations). Also headlines, so far as I know, are used to grab attention and the facts are in the story (which qualifies the headline). That's the way it's always been. And \"\"Stuff About CEO Pay\"\" doesn't have anywhere close to the same appeal.\""}
{"_id": "112025", "title": "", "text": "I would say not. I feel like the narrative here is supposed to be that these closings are victims of a shift to online shopping, but in reality I feel like that's only partially a cause. Sears and Kmart were on the downswing before online shopping was as significant of a competitor. All their locations I've ever visited are/were poorly run. Bad customer service, understocked shelves, bad presentation, etc. I'm sure the internet hasn't helped brick-and-mortar stores, but these two don't exactly make me feel bad that they're on the way out."}
{"_id": "112034", "title": "", "text": "\"&gt; it's cult of excuse makers present their case   Huh?  You were complaining that the Monsanto 'side' were using science and facts, whereas you were trying to use a \"\"general look from the outside that suggests\"\".  I haven't seen you present a single shred of scientific evidence so far.  Just moan that everyone who disagrees with you is a shill.\""}
{"_id": "112039", "title": "", "text": "These are the most ideal approaches to search for a viable Chinese course Shanghai tutor. Keep in mind that it's not quite recently the tutor's learning that you ought to know about. You should likewise mull over the way that she will keep you up on your toes as you learn the language."}
{"_id": "112042", "title": "", "text": "I vote on Plan C. Why pay taxes? In an emergency situation, you could always borrow from the 401k."}
{"_id": "112045", "title": "", "text": "You will need Premier, since it is the first one to include Schedule E. Deluxe used to support Schedule E for investments, but not anymore. Most taxpayers know Schedule E as the schedule used for rentals, but you're going to need it to report your S-Corp income."}
{"_id": "112061", "title": "", "text": "\"It's called Scenario Planning most often and yes, major corps always do this, and yes, political climate is a high ranking criterion - especially where it really matters (and healthcare has been up there for oh, about 20 years at least).    I haven't been in their board room, that is why I'm \"\"almost\"\" certain.\""}
{"_id": "112085", "title": "", "text": "Bullshit.  Do you actually work with young people or is this just a caricature you've imagined up? About 90% of the young people I've worked with are hard workers and want to improve their knowledge and proficiency. I've seen virtually no evidence of people just showing up expecting a 6 figure salary because they have a bachelor's degree."}
{"_id": "112095", "title": "", "text": "One more thing to consider is fleet upgrading.   Let's say an individual person drives in the rain and finds out that set of circumstances causes the car to fishtail and crash. Now that one person knows that lesson. Nobody else benefits from that new knowledge. That one guy will be super careful next time it rains and he drives into a curve or whatever, but the next guy doesn't know better, so he may make the same mistake as the first driver.  When the computer AI crashes the car, the company pours over the crash data. The software is tweaked to learn to avoid that kind of accident, and that updated software is pushed to the whole fleet. Now every car that gets that update is a little bit better of a driver. Over the months and years, it will get better and better."}
{"_id": "112115", "title": "", "text": "The one in Vegas is awesome. Mountain Dew Baja Blast Breeze with tequila tastes pretty good. Though I think their plan is rather ambitious, 300+ Taco Bell Cantinas, 50 in Manhattan?! Outside of major nightlife areas, I don't see it working."}
{"_id": "112117", "title": "", "text": "\"The simple answer is: Where 'think' stands for \"\"after your calculations, and guts/intuitions, and analysis\"\", of course.\""}
{"_id": "112127", "title": "", "text": "Written by salesmen, for clueless executives.   Why bother to ask your in house tech people for their input? It's so degrading when everyone knows you are better than they are.  it goes so wrong almost every time."}
{"_id": "112130", "title": "", "text": "I didn't vote one way or another.  But this passes for analysis?   It seems like a bunch of childish name-calling.  &gt;  mainstream media propaganda ... talking head breathlessly ... Wall Street oil analysts ... paid hundreds of thousands of dollars ... paraded on CNBC ... episode of a never ending reality show ... sedated ... brainless twits ... corporate mainstream media ... promoting the storyline of those in power  ... government drones   Edit: above is from the opening paragraph."}
{"_id": "112131", "title": "", "text": "\"Shrekli was rightfully caught illegally funneling money from one company to pay back investors in a failing fund. That's separate from the so-called \"\"AIDs drug\"\" he supposedly price-gouged pple with.   First off, the drug is not an AIDs Rx. It treats a parasite-caused disease called toxoplasmosis that pple w/ a weakened immune system (i.e. like AIDs patients) are at risk for. The drug is only needed until the parasite is gotten rid of &amp; it was also a drug that caused adverse drug reactions...something that the biomedical industry is trying to lower w/ pharmacogenomics/pharmacogenetics data. You may not like capitalism, but personally, I think it's a good thing that there are pple like Shkreli who want to take old drugs and develop better, less toxic medications. And from my understanding, the pts who did not have insurance or could not pay for this drug were given it for free.\""}
{"_id": "112136", "title": "", "text": "Here is another explanation of an SMA.  SMA refers to the Special Memorandum Account which represents neither equity nor cash but rather a line of credit created when the market value of securities in a Reg. T margin account increase in value.  For example, assume the market value of securities purchased at a cost of $10,000 on margin (at 50%) increase in value to $12,000.  This $2,000 increase in market value would create SMA of $1,000, which provides the account holder the ability to either: 1) buy additional securities valued at $2,000 (assuming a 50% margin rate) without depositing up additional funds; or 2) withdraw $2,000 in cash, which may be financed by increasing the debit balance if the account holds no cash.   It should be noted that while an increase in market value over original cost creates SMA, a subsequent decline in market value has no effect on SMA.  SMA will only decline if used to purchase securities or withdraw cash and the only restriction with respect to its use is that the additional purchases or withdrawals do not bring the account below the maintenance margin requirement. SMA will also increase on a dollar for dollar basis in the event of cash deposits or dividends. More details at http://ibkb.interactivebrokers.com/article/66"}
{"_id": "112153", "title": "", "text": "\"They may have planned on spending more money, but they haven't actually done so (just as I may plan to buy a new TV, but up until I've bought it I can change my mind).  The ever increasing spending, and related debt, is just a symptom of our \"\"leaders\"\" failing to make choices and lead. If A is more important than B, then spend the money on A and forego B--don't buy both. And, if both are essential then raise the taxes to pay for them. All we've seen for the last 40 years is congress buying A, and B, and then throwing in C for good measure but never figuring out how to pay for them. They simply pass the debts on to future generations and that's what has to stop. If we need something now, we should pay for it now. We should not be signing away our children's futures expecting them to pay for things because we want them now.\""}
{"_id": "112154", "title": "", "text": "Credit is not free money. The idea is you will repay all of it, within a reasonable amount of time. It is abundantly clear you either don't really understand this concept or completely failed at planning for it. Or even at keeping up with how much you owe - you are curiously blaming the bank for letting you go over the limit. The reason most banks will authorize that for credit customers is they don't want to strand people in some sort of an emergency situation. I'd recommend you cut back on your spending and work on paying the balance down. If you have been charged any over the limit fees you can attempt to negotiate getting those credited. Most banks will compromise on that the first time. I don't really recommend it, but if there are some circumstances surrounding this that are temporary and you are very confident about being able to manage money better in the future - chances are you might be able to get approved for another card. If you otherwise have had some good credit history and this situation is very recent, it may not even show up on your credit report yet and another bank might happily approve you. They may even offer a low or zero interest (for some time) balance transfer deal, which you should use to get the other card within the limit. If that ends up working, it's very important that you keep in mind having dodged the bullet once doesn't mean you will ever be able to do it again. Get your budget in order and pay things off."}
{"_id": "112157", "title": "", "text": "My advice would be to keep in mind they want to know 2 things.  Are you smart enough/hard working enough to do the job? You answer this typically with the resume which gets you to the second question,  Are you a normal human being they would like to hang out with/interact with for 8 hours a day 5 days a week?"}
{"_id": "112167", "title": "", "text": "The state has been running a deficit for at least 15 years. Many want to blame Rauner (he didn't pass any bills to help, but arguably brought the issue to the forefront.) But at this point it's basically systemic and baked into the structure of the state. There needs to be major changes but no politician (or not enough) want to pursue long term solutions. It's all about immediate political power. There are rumblings of Illinois being the first state to file for bankruptcy."}
{"_id": "112179", "title": "", "text": "You could theoretically use any time period unit, but 1 minute and 30 minute  seem to be the most common and useful.  Especially for active traders.  This also has the added advantage of giving you useful insight into the trade volumes throughout the day; assuming that is also included on the chart.  I think most include that as a bar chart across the bottom. Here is a great example for crude oil on dailyfx:  https://www.dailyfx.com/crude-oil Notice that the chart has time options at the top left which include 1 minute, 30 minutes, 1 hour, and 1 day."}
{"_id": "112182", "title": "", "text": "\"Investopedia probably should change the wording to \"\"tax free\"\" since all of the gains in a Roth IRA can be withdrawn without any additional taxes at retirement time. Tax deferred should only refer to the gains in a traditional IRA. \"\"Tax advantaged\"\" might be a reasonable term to use in both cases.\""}
{"_id": "112187", "title": "", "text": "To add to Dheer's point, the vast majority of retail investors will have to pay fees and use up a large amount of valuable time on the entrance and exit of each stock, and each and every time you rebalance as the index weightings change. These also add up extremely fast vs the few basis points the large and liquid ETFs charge for this service."}
{"_id": "112195", "title": "", "text": "\"Repurchase agreements are a way of financing a security position. You have a collateralized loan where you give your security in exchange for cash. Let's say you have a 10 year Treasury note paying 3.5% while the 1-week repurchase rate is 0.5%. You loan the security to someone with a promise to repurchase it from them some time in the future. You  collect the 3.5% coupon and you pay the 0.5% interest. Clearly it makes no sense for someone to collect interest on money and also collect coupon payments. And for the counter-party it makes no sense to be not getting coupon payments and also to be paying interest. This how one website explains the process: During the transaction, any coupon payments that come due belong to   the legal owner, the \"\"borrower.\"\" However, when this happens, a cash   amount equal to the coupon is paid to the original owner, this is   called \"\"manufactured payment.\"\" In order to avoid the tax payment on   the coupon, some institutions will repo the security to a tax exempt   entity and receive the manufactured payment and avoid the tax (\"\"coupon   washing\"\") I find this unequivocal description to be the clearest During the life of the transaction the market risk and the credit risk   of the collateral remain with the seller. (Because he has agreed to   repurchase the asset for an agreed sum of money at maturity). Provided   the trade is correctly documented if the collateral has a coupon   payment during the life of the repo the buyer is obliged to pay this   to the seller.\""}
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{"_id": "112204", "title": "", "text": "No, because that would be just as unsutainable.  I'm saying that in terms of effect on cost inflation in this sector, single payer doesn't help any more than the current system in the US. Any time you pay for services with a financial product that fails to apply downward pressure on prices, you will see skyrocketing costs, just like we saw in the housing bubble, and like we are seeing now with college tuition and health care."}
{"_id": "112208", "title": "", "text": "You can check the website for the company that manages the fund. For example, take the iShares Nasdaq Biotechnology ETF (IBB). iShares publishes the complete list of the fund's holdings on their website. This information isn't always easy to find or available, but it's a place to start. For some index funds, you should just be able to look up the index the fund is trying to match. This won't be perfect (take Vanguard's S&P 500 ETF (VOO); the fund holds 503 stocks, while the S&P 500 index is comprised of exactly 500), but once again, it's a place to start. A few more points to keep in mind. Remember that many ETF's, including equity ETF's, will hold a small portion of their assets in cash or cash-equivalent instruments to assist with rebalancing. For index funds, this may not be reflected in the index itself, and it may not show up in the list of holdings. VOO is an example of this. However, that information is usually available in the fund's prospectus or the fund's site. Also, I doubt that many stock ETF's, at least index funds, change their asset allocations all that frequently. The amounts may change slightly, but depending on the size of their holdings in a given stock, it's unlikely that the fund's manager would drop it entirely."}
{"_id": "112223", "title": "", "text": "At what point does my investment benefit from compounded interest? Monthly? Quarter? Yearly? Does it even benefit? I think you are mixing things. There is no concept of interest or compounding in Mutual Funds. When you buy a mutual fund, it either appreciates in value or depreciates in value; both can happen depending on the time period you compare. Now, let's assume at the end of the year I have a 5% return. My $10,000 is now $10,500. The way you need to look at this is Given you started with $10,000 and its now $10,500 the return is 5%. Now if you want to calculate simple return or compounded return, you would have to calculate accordingly. You may potentially want to find a compounded return for ease of comparison with say a Bank FD interest rate or some other reason.  So if $10,000 become $10,500 after one year and $11,000 after 2 year. The absolute return is 10%, the simple yearly return is 5%. Or the Simple rate of return for first year is 5% and for second year is 4.9%. Or the Average Year on Year return is 4.775%."}
{"_id": "112231", "title": "", "text": "It would be fairer to the average person if we paid our normal tax rate on the amount we contributed to the IRA and paid at the capital gains rate for the difference. The same as people that invest outside of the IRA. Most IRAs aren't that large and most people are going to have a rough time living on the reduced social security. It seems like we are taxing the average Joe at a higher rate than the rich."}
{"_id": "112233", "title": "", "text": "\"First of all, I'm happy that the medical treatments were successful. I can't even imagine what you were going through.  However, you are now faced with a not-so-uncommon reality that many households face. Here's some other options you might not have thought of:   I would avoid adding more debt if at all possible.  I would first focus on the the cost side.  With a good income you can also squeeze every last dollar out of your budget to send them to school.   I agree with your dislike of parent loans for the same reasons, plus they don't encourage cost savings and there's no asset to \"\"give back\"\" if school doesn't work out (roughly half of all students that start college don't graduate) I would also avoid borrowing more than 80% of your home's value to avoid PMI or higher loan rates.  You also say that you can pay off the HELOC in 5 years - why can you do that but not cash flow the college?   Also note that a second mortgage may be worse that a HELOC - the fees will be higher, and you still won't be able to borrow more that what the house is worth.\""}
{"_id": "112259", "title": "", "text": "If someone recommends a particular investment rather than a class of investments, assume they are getting a commission and walk away. If someone recommends whole life insurance as an investment vehicle, walk away. Find someone whose fiduciary responsibility is explicitly to you as their client. That legally obligated them to consider your best interests first. It doesn't guarantee they are good, but it's done protection against their being actively evil."}
{"_id": "112271", "title": "", "text": "I would go with the 2nd option (put down as little as possible) with a small caveat: avoid the mortgage insurance if you can and put down 20%. Holding your rental property(ies)'s mortgage has some benefits: You can write off the mortgage interest.  In Canada you cannot write off the mortgage interest from your primary residence. You can write off stuff renovations and new appliances.  You can use this to your advantage if you have both a primary residence and a rental property.  Get my drift? P.S. I do not think it's a good time right now to buy a property and rent it out simply because the housing prices are over-priced.  The rate of return of your investment is too low. P.S.2.  I get the feeling from your question that you would like to purchase several properties in the long-term future.  I would like to say that the key to good and low risk investing is diversification.  Don't put all of your money into one basket.  This includes real estate.  Like any other investment, real estate goes down too.  In the last 50 or so years real estate has only apprepriated around 2.5% per year.  While, real estate is a good long term investment, don't make it 80% of your investment portfolio."}
{"_id": "112274", "title": "", "text": "No. Brokers and HFT are two different entities, mostly.   No HFT shops have prior information about a client order.  PM me if you want to discuss more in detail. Getting beyond the scope of this post."}
{"_id": "112278", "title": "", "text": "Who said I'm worried? I'm just telling you what antibiotic-free means. Some people care about animals getting antibiotics because overuse of antibiotics might lead to antibiotic-resistant bacteria.  I'm unsure how fluoride is related to antibiotics, but I'm sure your precious bodily fluids are uncontaminated."}
{"_id": "112309", "title": "", "text": "As others said, Greece cannot set.monetary policy because that is the job of the ECB. If you meant fiscal policy, then you are right: their high levels of debt plus their default this year make it so that they cannot unilaterally borrow more money to run a deficit as the private market will not lend to them. This makes them dependent on a bailout."}
{"_id": "112310", "title": "", "text": "So, my loan has about a 4.8% interest rate, payments about 450 a month for 10 years, so no, I'm not particularly worried about my loans. Rates are low and refinancing is easy once you're a couple years out of college."}
{"_id": "112321", "title": "", "text": "\"Simple answer: Breakeven is when the security being traded reaches a price equal to the cost of the option plus the option's strike price, assuming you choose to exercise it. So for example, if you paid $1.00 for,say, a call option with a strike price of $19.00, breakeven would be when the security itself reaches $20.00.  That being said, I can't imagine why you'd \"\"close out a position\"\" at the breakeven point.  You wouldn't make or lose money doing that, so it wouldn't be rational. Now, as the option approaches expiration, you may make adjustments to the position to reflect shifts in momentum of the stock.  So, if it looks as though the stock may not reach the option strike price, you could close out the position and take your lumps.  But if the stock has momentum that will carry it past the strike price by expiration, you may choose to augment your position with additional contracts, although this would obviously mean the new contracts would be priced higher, which raises your dollar cost basis, and this may not make much sense. Another option in this scenario is that if the stock is going to surpass strike price, it might be a good opportunity to buy additional calls with either later expiration dates or with higher strike prices, depending on how much higher you speculate the stock will climb.  I've managed to make some money doing this, buying options with strike prices just a dollar or two higher (or lower when playing puts), because the premiums were (in my opinion) underpriced to the potential peak of the stock by the expiration date.  Sometimes the new options were actually slightly cheaper than my original positions, so my dollar cost basis overall dropped somewhat, improving my profit percentages.\""}
{"_id": "112342", "title": "", "text": "This is called the gordon growth model (or dividend discount model).  This is one way to value a stock, but in practice no one uses it because the assumptions are that companies will return value to investors solely via regular dividends, and that the growth rate and the required rate of return from investors are constants; among other issues."}
{"_id": "112369", "title": "", "text": "\"I can think of a few reasons for this. First, bonds are not as correlated with the stock market so having some in your portfolio will reduce volatility by a bit. This is nice because it makes you panic less about the value changes in your portfolio when the stock market is acting up, and I'm sure that fund managers would rather you make less money consistently then more money in a more volatile way.  Secondly, you never know when you might need that money, and since stock market crashes tend to be correlated with people losing their jobs, it would be really unfortunate to have to sell off stocks when they are under-priced due to market shenanigans. The bond portion of your portfolio would be more likely to be stable and easier to sell to help you get through a rough patch. I have some investment money I don't plan to touch for 20 years and I have the bond portion set to 5-10% since I might as well go for a \"\"high growth\"\" position, but if you're more conservative, and might make withdrawals, it's better to have more in bonds... I definitely will switch over more into bonds when I get ready to retire-- I'd rather have slow consistent payments for my retirement than lose a lot in an unexpected crash at a bad time!\""}
{"_id": "112374", "title": "", "text": "\"You're circling around the answer...  The only real difference between a loddar and a privately-issued promissory note is that the loddar is issued by a recognized third party with better credit/credibility (the whole merchant/priest/farmer cartel-thing).   Private entities absolutely can and do issue their own promises to pay, and accept them, and in turn rely on those promises to make other promises. It's what you do when you charge something to a credit-card on the basis of your employer's promise to pay. You charge new tires, the tire store promises to pay its employees based on your CC company's promise to pay the tire-store, which is based on your promise to pay the credit-card company, which is based on your employer's promise to pay you, which is based on your employer's contracts with its customers, and so on...  In fact, often as not, the whole chain *never actually gets reconciled with printed cash.* The central bank never has to print or even know about these transactions. It's just checks and electronic transfers: promises all the way down, maybe with occasional cash withdrawals for popcorn at the movies or to tip the stripper or something...   That doesn't mean it's not \"\"real money\"\", it absolutely is: those promises are buying groceries and tires and making mortgage-payments and paying dentist bills and getting people to dig up stuff out of mines that will be fashioned into iPads, and all kinds of stuff.  Where this hurts most people in the brain is that they kind of accept dollar bills as axiomatically and intrinsically valuable. So trying to explain in reverse how they are the same as promissory notes or credit-certificates is like trying to convince them that a plane ticket is the same as an airplane (which is obviously not true).   That's why I started with this imaginary world without money. If you let go of any preconceptions, and stop trying to think through the analogies and don't read it trying to predictively look for the outcome conclusions, if you just read it and follow the story through, it is obvious that the *only* intrinsic difference (in that imaginary world) between apple-certificates, loddars, and privately-issued IOUs is the *credibility of the issuer*.  Trying to understand this stuff via analogy will make your head spin: Taking it all the way back to the thread-topic and the question at the top of the page, what makes it so difficult is the tendency and mental impulse to analogize money as a \"\"thing\"\" that \"\"is\"\" somewhere, and therefore has to \"\"go\"\" somewhere.   But that's an intrinsically and substantially imperfect analogy, which is what makes it hard to explain to a five-year-old. And you can't make the reality fit that analogy and stay sane. Even if you refuse to accept all this maddening abstraction and insist on only doing transactions with physical cash, or gold pieces, *the value of those markers is still 100% contingent on everyone accepting that everyone else will continue to believe that everyone else will continue to accept that currency...*  Money is essentially a promise that other people will keep. Instead of giving you food, your employer gives you a \"\"universal gift certificate\"\" that you can redeem anywhere, and everyone else will accept it, because they can in turn redeem it anywhere else. The only difference between using a bank-draft or printed dollar bill, versus writing a promise to make good yourself, is the credibility of the issuer.   That's a really difficult premise for most people to accept, because it's invisible and abstract, and seems to conflict with tangible interactions you've been doing all your life. So we have this sort of tendency to try and force the reality to fit preconceived conceptual analogies, like someone who keeps rejecting explanations of how airplanes can fly because \"\"that still doesn't explain how metal can be lighter than air\"\"... it's demanding that the reality must fit a hypothesis that doesn't apply.   Hope that helps.\""}
{"_id": "112393", "title": "", "text": "Most UK stock brokers don't require or allow margin trading.  A quick web search for 'UK share dealing comparison' shows entries from money.co.uk and moneysupermarket.com who both provide lists of different brokers, e.g. Barclays, Hargraves Lansdown, IG Share Dealing, The Share Centre, TD Direct, Interactive Investor, YouInvest, etc. Some of the UK banks also provide a share dealing service, from quickly looking at their websites, Barclays, HSBC and Halifax all appear to provide share dealing services."}
{"_id": "112411", "title": "", "text": "First The Intelligent Investor and then the 1962 edition Security Analysis - which is out of print, you can get it on Amazon.com used or ebay. Then you can read the edition backward but the 1962 edition is the best - IMHO. And don't forget The Rediscovered Benjamin Graham and  Benjamin Graham on Value Investing by Jane Lowe"}
{"_id": "112435", "title": "", "text": "It's not typically possible for someone to jointly own the house, who is not also jointly liable for the mortgage. This doesn't matter however, because it is possible for two people to get a mortgage together, where only one person's income is assessed by the lender. If that person could get a mortgage of that amount on their own, then the couple should also be able to get the same mortgage. Source: My wife and I got a mortgage like this. She is self-employed, rather than meet the very high requirements for proving her self-employment income, we simply said that we only wanted my income to be taken into consideration."}
{"_id": "112442", "title": "", "text": "A personalized alphabet chart can help keep track of your little one\u2019s growth. It\u2019s one of the most effective ways to introduce your child to the world of alphabets. The whole idea of personalization can infuse interest in the kid and make it a fun and engaging experience overall.  Print BIG Photo offers the best kinds at affordable rates."}
{"_id": "112461", "title": "", "text": "Say a stock is listed in Nasdaq, and the same company has a stock listed in Tsx. Does the Nasdaq price affect the Tsx price as trading commences? Not directly. Basically, an exchange is a market, and the price is defined only by supply and demand in that market. However, any substantial price differential for a commodity traded in multiple market creates an arbitrage opportunity, and there are many traders whose job it is exactly to find and use such opportunities. Their activity in turn has the effect of reducing the price differentials to the point where transaction costs make them unprofitable. With high-frequency traders around, the time for a price differential to disappear is nowadays measured in milliseconds. If a trader buys from one exchange, will it affect the price of the other? Only through the mechanism mentioned above.  Are there any benefits to being listed in two exchanges? It increases the liquidity of a stock."}
{"_id": "112476", "title": "", "text": "At the end of the day, Heavenfall needs a paradigm shift so that we can square the circle.  Because when the rubber meets the road, he needs to strategize how he can bring the same value add that others are bringing to this discussion.  I didn't even have to look back at the article."}
{"_id": "112480", "title": "", "text": "Many years ago, I worked for a medium sized company that developed HR software for medium sized companies. Their own HR department bought and used another company's HR system, arguing that internal billing costs made the in-house system too expensive. The CEO said this was a sensible business decision. I was quite surprised."}
{"_id": "112485", "title": "", "text": "Eyes are very sensitive. You have to look after them really well so you don't end up with big issues. Some eye issues may result in high blood pressure or diabetes. You are going get an Eye Care in Barrington IL that can be professionals and certified to deal with disease, allergies, dry eyes, infections and other problems. They should be able to assess your eye health with new technological innovation. You should be able to get searching for picture of your eye if you need to see the growth of anything irregular going on in there."}
{"_id": "112488", "title": "", "text": "You can deliberately phrase it in a derogatory way all you want, but until the Democrats start to at least even mention things like jobs and international deals, rather than concentrating on dividing people into different victimized groups to gain power over them, or which appropriate gender pronouns to use to not offend the always-offended... the silent majority of Americans will just ignore them."}
{"_id": "112499", "title": "", "text": "Let Go App...good way to find awesome deals on furniture. Depending on climate find a nice bike, pretty easy way to get around &amp; low maintenance costs compared to a car ( i.e. insurance, gas, repairs). Then depending on whether your work offers matching 401k programs, max that out or find a good index fund &amp; consistently build that emergency fund. Chill for 10-15 years &amp; enjoy the benefits of compounding interest my friend."}
{"_id": "112509", "title": "", "text": "&gt; You're not an engineer, are you?  Of course I am.  And I run a business that employs nearly a dozen other engineers.  You've been working at the wrong places if you're this bitter and demoralized.  I'd encourage you to find a better job so you don't feel like you're merely swapping hours of your finite existence for cash."}
{"_id": "112516", "title": "", "text": "It discourages people from obtaining a high-limit card simply to show off, because the bank's forcing them to use it or lose it."}
{"_id": "112519", "title": "", "text": "This is not accurate. Amazon is not a monopoly because they don't control any  given market. It's a great use case for exploring the limitations of our current laws and regulatory apparatuses in the digital age.   A great use case and a terrifying one.   Similarly to all the data security problems coming up.   Regulation has not kept pace with how the world has changed. /is changing."}
{"_id": "112524", "title": "", "text": "I'm suspect of the claim too, but my university let me take 25-30 hours+ after I threw a stink. Since I didn't take summer classes and the engineering workload was immense, I have no interest in doing a 5-year degree.   It was/is a credible university.   That being said, some people are more unlucky than others, but many don't take advantage of their luck. There's a reason foreigners often compromise a lion's share of the new millionaires in this country and dominant in education despite the fact they often have depressed economic situations. Yes, yes, model minority blah blah blah.  THAT being said, everybody gets help from somebody at some point in their life, even if it's parents or a friend. Very, very few people get *no help ever*."}
{"_id": "112535", "title": "", "text": "In addition to what @HartCO and @rocketman wrote, being a successful landlord either takes a lot of either:"}
{"_id": "112547", "title": "", "text": "Hopefully we can correct some of these balances though. Our brains evolved for fight or flight style survival, not for living in modern urban environments. I can certainly see the benefit for an artificial brain to be able to make perfect math calculations for instance, something our human brain struggles with. If we can't find ways to overcome these issues, what is the point really."}
{"_id": "112557", "title": "", "text": "Steve Jobs was only good in marketing and taking advantage of ideas invented originally by many gray people. For example, the Apple II was totally invented and created by Steve Wozniak who was mistreated by Jobs.  When Steve Jobs came with his own ideas, they were total failures: Lisa, Next, Newton, and even his ideas of how to run Apple computer (almost went bankrupt and lost control of his own company.)  On the other hand, Elon Musk seems to make new products on his own.   But, again, not blaming Elon, those ideas were first researched and conceived by many gray people."}
{"_id": "112564", "title": "", "text": "micro venture capital investments and SoLoMo are the current buzz words in the investment community. Jordan Combe, a London based investor and entrepreneur is keen on helping businesses of any kind, not just the glamorous hi-profile hi-tech ones succeed with careful financing and management"}
{"_id": "112565", "title": "", "text": "You can take a shortcut and make a few cumulative transactions, maybe just estimate how much of your spending landed in each of your budget categories, but you will lose a lot of the value that you were building for yourself by tracking your spending during the earlier months. I reconcile my budget and categorize my spending on a monthly basis. It's always a chore to pull out the big stack of receipts and plow through them, but I've learned the value of having an accurate picture of where all my money went. There is no clean way to fake it. You can either take the time and reconcile your spending, or you can take a short cut. It probably renders your efforts to track everything from the beginning of the year invalid though. If you want to start over this month (as you did at the beginning of the year) that would probably be a cleaner way to reconcile things."}
{"_id": "112591", "title": "", "text": "The average inflation rate in the US over the last 17 years is 2.17% per year. source So he has $30,000 now. If another 3 years go by and he doesnt invest it in anything whatsoever, he would have 30,000/(1.0217^3) = $28,128 equivalent buying power 3 years from now.   I would not focus on how much money he is losing per year, but instead focus on the religious constraint of not gaining interest. What was the intent of the religious prophet or person who was discussing this issue? If he invested the money with a 1% interest rate, and split the profit down the middle, half of it for his savings and half of it given to a charity of his choice, would that be something that would be likely to change his behavior? Consider this approach if you're trying to help someone to understand the ramifications of a financial."}
{"_id": "112621", "title": "", "text": "I don't ever remember an issue (HFT) that is more widely contested by such a large group of people that continuously claim that the other party doesn't know what they're talking about because they're forgetting about _______.   Disclaimer: I read Flash Boys, yet can still only explain HFT with the acumen of a 4th grader."}
{"_id": "112639", "title": "", "text": "I'll subscribe for a while just to see what it's like.   Still holding onto my OLD windows phone for now. I'd hate to have to go back to Android, but I know when this device finally dies, my choices will be really limited."}
{"_id": "112659", "title": "", "text": "Yes, if you want income and are willing to commit to hold a bond to maturity, you can hold the bond, get the scheduled payments, and get your principal returned at the end. US Savings Bonds are non-marketable (you cannot trade them, but can redeem early) bonds designed for this purpose. The value of a marketable bond will vary over its lifetime as interest rates change and the bond matures. If you buy a 30 year US Treasury bond at par value (100) on September 1, 2011, it yielded 3.51%. If rates fall, the value of your bond will increase over 100. If rates rise, the value will decrease below 100.  How much the value changes depends on the type of bond and the demand for it. But if your goal is to buy and hold, you don't need to worry about it."}
{"_id": "112669", "title": "", "text": "I asked about this in the last thread, but got no answers because it was 4-5 days old at the time.   I'm a finance student, and currently an intern at a big Financial Services firm. The internship is in compliance, though, and that's not exactly where I want to end up later. I don't know exactly what I want to do, but I assume there are some skills that are widely applicable in the entire industry that aren't taught enough, and I want to learn something over the summer (through Coursera/books/videos/whatever). The problem is, I don't know what. Does anyone here have any suggestions? I was thinking something along the lines of programming or some more advanced excel stuff that isn't taught in school, but I don't really have any place to start. Any advise would be appreciated."}
{"_id": "112678", "title": "", "text": "I am no expert, but lots of things can cause drops.  Large unsecured revolving debt (credit cards) - even jf you payoff monthly, unpaid medical bill, acquiring multiple credit cards or other multiple credit searches, any form of lawsuit, and I am sure several other things"}
{"_id": "112683", "title": "", "text": "Dining room furniture set plays a pivotal role at every home. A sincerely purchased dining set can add a sense of style to any room at your home. It is an extension of your personality - so make sure to pick the one that is definitely you."}
{"_id": "112701", "title": "", "text": "Volume and prices are affected together by how folks feel about the stock; there is no direct relationship between them. There are no simple analysis techniques that work.  Some would argue strongly that there are few complex analysis techniques that work either, and that for anyone but full-time professionals. And there isn't clear evidence that the full-time professionals do sufficiently better than index funds to justify their fees. For most folks, the best bet is to diversify, using low-overhead index funds, and simply ride with the market rather than trying to beat it."}
{"_id": "112705", "title": "", "text": "Good for you.  That's where it's at.  Hell, I've thought about doing the same.  But, if someone wants me to work in Manhattan, I'd take no less than $250k per year.  I'm not saying my work is worth that, but it wouldn't be worth it *to me* for anything less.  Although, if there's one group of people *more* loathed than beltway bandits, it's investment bankers.  Probably, if it all came down, people would gladly spike both our heads.  Really, I don't expect the zombie apocalypse anytime soon.  But, it's an enjoyable escape!  Edit.  I wasn't a B.  I was an A.  Maybe, just maybe, I have some experience with SOF.  Christ, people think that Tier 1 operations are some kind of shadow magic and that SOF are fucking ninjas.  Operations are about keeping things simple.  And don't even get me started on how LEOs work.  I've trained them and worked with them often.  Hint, hint: if you do good ISR, you don't tend to throw flashbangs into babies' cribs."}
{"_id": "112711", "title": "", "text": "I had a similar situation, except the debtor had no connection to us whatsoever, other than holding our phone number previously. We tried going through channels to deal with it, and had no success. At the end of the day, I was very abusive to the people calling, and forwarded the number to a very irritating destination."}
{"_id": "112714", "title": "", "text": "\"Market makers (shortened MM) in an exchange are generally required to list both a bid and ask price to allow both buyers and sellers to trade and keep the market moving.  However, a more general idea of a MM may includes companies off an exchange (say large banks acting as broker/dealers in an over-the-counter market) are not required to give a simultaneous bid/ask, but often will on request.  So, it might depend on where you are getting this data but likely the bid/ask was quoted simultaneously. An exchange, like the NASDAQ for instance, may have multiple MMs for a given market.  The \"\"market\"\" spread will be from the highest bid to the lowest ask over all the MMs.  The highest bid and lowest ask may come from different MMs and any particular MM often will have a larger spread. The size of the spread gives a rough idea of how much a MM is trying to make off of a \"\"round trip\"\" trade (buying than immediately selling to someone else or selling than immediately buying from someone else).  Of course, immediate round-trip trades are not always possible and there are many other complications.  However, half the spread is a rough indicator of how much they hope to make off of a single trade.\""}
{"_id": "112728", "title": "", "text": "Any accounting software should be able to handle this.  When you invoice them, set the invoice date to the date of the event.  Then receive a partial payment against that invoice.  This will cause your accounting software to display the service income in the correct period as well.  So if you sent them invoice for August 7, 2014 event on May 5th, 2014 and they gave you $500 due, you would see this Income in August ($500 on Cash basis, $1000 on Accrual basis.  When you received the other $500 in August, you would see $1000 for both methods).  You would not see any income in May, when you created the invoice.  This is better for revenue matching with the correct period. When you send them same invoice (say 30 days before the event), Set the software to show payments already received  (it seems that most online accounting software will do this by default).  Here is an example in Freshbooks.    Here is an example in Xero:  Seems they both display information on when you can expect payment on the their respective dashboards.   In the Desktop version of Quickbooks (which I use a lot), it will not show the balance of the customer by default on an invoice.  You will have to modify the invoice template.  There are more details on that here.  In Desktop version of Quickbooks, you can look at Cash Flow Forecast report to see the expected amount coming in.   I hope that helps and good luck."}
{"_id": "112757", "title": "", "text": "Check with the trade organisation; they may be able to make credit card arrangements."}
{"_id": "112773", "title": "", "text": "So you think the Port of Beaumont is going to be simultaneously loading tankers with crude oil for export and unloading tankers with imported crude. Really.  They're trying to send oil to Texas because that's where the oil refineries are. That's why there's a giant gasoline pipeline there in the first place."}
{"_id": "112780", "title": "", "text": "Tax problem is a widespread cause of strain within people and any kind of analysis would likely reveal that it's not several but a significant large inhabitants whom at some point or the additional have had to have tension and stress using tax settlement troubles."}
{"_id": "112786", "title": "", "text": "There would have to be regulations for a variety of issues involving driverless cabs.  But that is ignoring the fact that the main reason that most cabs aren't awash in bodily fluids at the end of a weekend night is that there is a human present to both prevent and deal with everything that happens in a cab."}
{"_id": "112793", "title": "", "text": "In many cases yes.  In the case of an employer handing employees a credit card to use, that is clearly income if the card is used for something other than a business expense. Generally speaking, if you're receiving something with a significant value without strings attached, it is likely taxable. Google no doubt has an army of tax attorneys, so perhaps they are able to exploit loopholes of some sort."}
{"_id": "112801", "title": "", "text": "\"Wait, are you sure you've got that right? What you're describing is a tax credit that counts against your total owed.   In normal operations, companies get to \"\"write off\"\" all of their expenses and they only pay taxes on the net profit of the operation. So I guess you could say that if it cost me $100M to move a factory off shore, and my marginal tax rate was 35%, then I would \"\"save\"\" $35M in taxes ( it still cost me the $100M, but it only felt like it cost $65M).   This is true of any business expense. I (not Romney, apparently) don't know of any special treatment that offshoring activities get one way or the other.\""}
{"_id": "112821", "title": "", "text": "You can add $262,500 worth of notes payable (assuming that you use the cash to buy inventory immediately). Any more and you would push the current ratio below 2. In case this ratio is the trouble, the formula for current ratio is current assets over current liabilities. Notes payable is a current liability and inventory is a current asset so you add the number to both of them. I used Excel to do this.  With this addition the quick ratio is 1.19. The formula for this is (current assets - inventory)/Current liabilities. So you take ($1,312,500 + $262,500 - $262,500 - $375,000)/($525,000 + $262,500) = 1.19"}
{"_id": "112830", "title": "", "text": "In a purely e-commerce point of view, they're pulling ahead of the other retailers. The problem, though, is that anyone making 'progress' isn't doing it organically, they're just buying the smaller guys that are doing it better (ie Jet.com for Walmart, drugstore.com for Walgreens) and jamming it into their way of working."}
{"_id": "112880", "title": "", "text": "Do you really think that just because a business doesn't deal directly with the government they have NO interest in policy? Minimum wage laws, parental leave, immigration, regulations... all these things  and many more impact business regardless of direct business with government.  It's hard to imagine a business that DOESN'T have at least some interest in what the economic climate the government of the day is creating."}
{"_id": "112904", "title": "", "text": "seriously...I'm the only one that is recommending VoIP.ms?  It costs a buck a month to keep your number and you can get DIDs (numbers) from other countries that point to the same phone. You'll need a ATA though to hook up your normal phone to the internet...I use the Cisco PAP2T-NA and it works wonders with good QoS on the router.  Bonus: This also allows you to do long distance phone calls on your smart phone if you have 3g/wifi internet access....pretty awesome stuff.  Extra Bonus: if you switch family members onto voip.ms too then you can phone them for free. I have quite a few around the world and most of my long distance has been completely cut out of my bills.  Monthly bills are ~3-5 bucks a month based on usage. I challenge anyone else to beat that!  Edit: just realized Verizon is cell service only -- DOH! Can you tell I'm not from the states? :P Leaving this post here because it could help someone in a better choice for their wired phone service non-the-less. Long distance thing is also a plus for your smart phone ;)"}
{"_id": "112921", "title": "", "text": ":-) lousy government and their useless safety standards. If it weren't for too much regulation, less fortunate families of 4 could be riding down the pot-hole infested highway right now in recycled cans of spam and rusty needles without useless automotive insurance or emissions regulations."}
{"_id": "112946", "title": "", "text": "The actual price is represented on charts and not the change in price as a percentage, because it is the actual price which is used in all other parts of analysis (both technical and fundamental), and it is the actual figure the security is bought and sold at. A change in price has to be relative to a previous price at a previous time, and we can easily work out the change in price over any given time period. I think what you are concerned about is how to compare a certain actual price change in low priced securities to the same actual price change in a higher priced securities.  For example: $1.00 rise in a $2.00 stock representing a 50% increase in price; $1.00 rise in a $10.00 stock representing a 10% increase in price. On a standard chart both of these look the same, as they both show a $1.00 increase in price. So what can we do to show the true representation of the percentage increase in price? It is actually quite simple. You view the chart using a log scale instead of a standard scale (most charting packages should have this option). What may look like a bubble on a standard scale chart, looks like a healthy uptrend on a log scale chart and represents a true picture of the percentage change in price. Example of Standard Price Scale VS LOG Price Scale on a Chart Standard Price Scale  On the standard scale the price seems to have very little movement from Mar09 to Jan12 and then the price seems to zoom up after Jan12 to Mar13. This is because a 4% increase (for example) of $0.50 is only $0.02, whilst a 4% increase of $7.00 $0.28, so the increases seem much bigger at the end of the chart. LOG Price Scale  On the LOG chart however, these price changes seem to be more evenly displayed no matter at what price level the price change has occurred at. This thus give a better representation of how fast or slow the price is rising or falling, or the size of the change in price."}
{"_id": "112949", "title": "", "text": "Spend less than you earn. If you have no job (source of income), then you can not possibly stay out of debt as you have to spend money to live and study."}
{"_id": "112957", "title": "", "text": "&gt; What government is more likely to default:  &gt; A developed, relatively transparent European government with mature industries and an educated populous.  Honestly sometimes I find this really weird. it would seem to me that an educated populace (like iceland?) would realize how large of a dick is being shoved up their ass and how many decades they'll need to be in slavery to pay back their enormous debts...  &gt; Or a developing, relatively opaque SouthEast Asian government with a large amount of its populous uneducated, living in poverty.  While this type of country would have elites ready to fleece the commoner, push the country into debt for their own profit, and keep the uneducated poverty-stricken peasants slaving away for the benefit of said elites, including continuing to pay down the enormous debts incurred in the process.   But maybe I'm wrong and the market is right."}
{"_id": "112959", "title": "", "text": "It seems to me that having a market factor in a risk advantage for a bank that's backed by its own government is not a subsidy. There's no actual transfer of wealth (e.g. from the Dept of the Treasury) to the banks, it's a just benefit of market pricing which is based on the collective opinion of those who make up the bond market.   And if the author of the article is stretching the definition of 'subsidy', presumably they're doing it because they're trying to make a story here, and not because they're reporting an actual financial transaction."}
{"_id": "112987", "title": "", "text": "I strongly doubt that being executor will make the assets of the estate vulnerable to a suit against him personally. The estate is it's own separate legal entity with its own TIN. Only creditors against the estate itself can make claims against it and after all creditors are paid, then the balance is distributed in accordance with the terms of the will. Unless he has commingled assets and treated estate assets as his own, the legal separation should be quite strong.  Whether his personal assets are at risk, remember that the opposition will likely overstate their case to try to scare him into settling. If the business was organized as an LLP or LLC, his personal assets should be pretty safe. If it was a sole proprietorship, he has occasion to worry."}
{"_id": "113016", "title": "", "text": "\"Clearly this is going nowhere. Your calloused view of the world is not going to change.  I hope that you never have to face adversity in your life. I truly do. But if you ever do, I hope that you meet nothing but people with the same attitude as yours towards those lower on the scale, so you can see how wrong your view of the world is. I hope they tell you to pull yourself up by your bootstraps, I hope they tell you to just simply get a better job, I hope they tell you to take responsibility for your own life, I hope they ask if you think that rich people should just give you their money, I hope they tell you that your problems all come from you blaming others. Maybe then you'll understand \"\"what I'm even arguing\"\".\""}
{"_id": "113018", "title": "", "text": "The market prices for futures and depository ETFs like GLD and IAU are pretty consistent.  Prices for physical gold at retail can vary dramatically. At a coin store that I was at a few weeks ago, there was a very wide buy/sell spread on commonly available gold coins."}
{"_id": "113033", "title": "", "text": "I've been a P2P Lending investor for ~18 months now with Lending Club with no complaints. Money wise, I'm making a 15.6% NAR w/ ~270 notes. I've had a few late payers, and one couple (oddly enough in both are in law enforcement) declare Ch.13 Bankruptcy, but b/c I've invested as little money as possible into each note ($25/note), my diversification helps reduce volatility and risk to capital.  Having tough underwriting standards is very important, but I think it all comes down to loaning only to those you think will pay you back, not someone with a sob story or a long history of defaults. That might sound like a no-brainer, but if you're a bit of a cynic and have really tough screening criteria, it's possible to lower your default rate if you're patient and deploy your money slowly over time. At least, my returns and default rate of zero would imply it's possible so far. I blog about it quite a bit, so if anyone wants to check out my Lending Club investments thus far, please check it out. (Apologies if this is considered spam since I'm a new member of the site, but thought it relevant to the discussion.)"}
{"_id": "113035", "title": "", "text": "There were a lot of people that didn't vote for him that still supported him (my father lives in an incredibly conservative area and knew the electoral votes there would go to Trump, so why he didn't feel like wasting his time, for example). Polls that aim to deduce national approval have settled around a 30% approval rating (maybe they will go lower), which means, for now at least, he has the support of around 1 in 3 citizens."}
{"_id": "113060", "title": "", "text": "so far the only thing that I can think of that would make me want to go with H&R Block is the guarantee that they offer ( for a fee ) that says they will help you if you are ever audited for a tax return that you filed through them,  but I think that is given for both the software and the in person tax preparation.  so I guess if you like to ask lots of questions and get the answers nearly immediately I would go with an in person tax preparation person,  if they can't answer all your questions then that is something else to think about all together."}
{"_id": "113070", "title": "", "text": "The drawback is not knowing when prices have reached a level where you are comfortable getting back in.   Someone who got out at S&P 1500 before the crash of '08 was very happy. But did they get back in at 666 or just watch the market come back 3X from that level? The S&P returned 10.46% from Jan '87 till Dec '14. I wonder how many traders got in and out just right to beat that number? Bottom line is that even the pro's acknowledge that timing the market is basically impossible, so why try?"}
{"_id": "113098", "title": "", "text": "My wife works for one of them, and I don't get the hatred.  Ethics, at least in the company my wife works for, are non-negotiable.  People get fired for the smallest offense.  Are there some bad apples that don't follow the rules?  Maybe.  But in general, the rules are followed to the letter.  As for researchers and average workers getting shafted, that's also hyperbole.  Granted, like all businesses, the higher-ups want more done with less.  But shafted?  Hardly.  Field workers, at least at the station my wife works at, are paid pretty darn well for having little to no education.  Starting wages for field workers are better than Costco's.  Researches are paid well, too.  Far from hating the big company, people are proud of the work they do and the company they work for, and it makes them angry to see people so misinformed about the work they do.   The researchers at these companies go into the field they do to help humanity, similar to the same motivations that drive doctors.  They want to feed the world, but instead of getting praised as saviors of humanity, they are insulted and mocked."}
{"_id": "113099", "title": "", "text": "\"If you're investing for the long term your best strategy is going to be a buy-and-hold strategy, or even just buying a few index funds in several major asset classes and forgetting about it. Following \"\"market conditions\"\" is about as useful to the long term trader as checking the weather in Anchorage, Alaska every day (assuming that you don't live in Anchorage, Alaska). Let me suggest treating yourself to a subscription to The Economist and read it once a week. You'll learn a lot more about investing, economics, and world trends, and you won't be completely in the dark if there are major structural changes in the world (like gigantic housing bubbles) that you might want to know about.\""}
{"_id": "113110", "title": "", "text": "Only reason I can think of is that having a credit card, or several, is handy for buying stuff on-line, or not having to haul around a fat wallet full of cash.    Of course for some of us, getting the cash back and 0% interest periods are nice, too, even if we don't really need the money.  Same as for instance trying to get good mpg when you're driving, even if you could easily afford to fill up a Hummer.  It's a game, really."}
{"_id": "113134", "title": "", "text": "Our Business loans at Fullerton India take care of your wide range of financial needs, capital requirements &amp; other industrial expenses that are crucial for the growth of your small or medium level enterprise with instant eApproval &amp; at affordable interest rates."}
{"_id": "113145", "title": "", "text": "Most of Scandinavia is doing well.  Though it's a capitalist socialist mix.    Socialism will probably require a post-scarcity economy with robots who can do most manual labor to work.  Because yeah, humans a lazy and greedy and our society still requires a lot of hard work to maintain."}
{"_id": "113148", "title": "", "text": "Also it has to taste good and be easy to eat one handed, in the car. And probably not be too weird sounding so people will actually buy it. And also scale massively, so no hard to cultivate crops.   It's not an easy problem to tackle."}
{"_id": "113150", "title": "", "text": "For stock splits, let's say stock XYZ closed at 100 on February 5.  Then on February 6, it undergoes a 2-for-1 split and closes the day at 51.  In Yahoo's historical prices for XYZ, you will see that it closed at 51 on Feb 6, but all of the closing prices for the previous days will be divided by 2.  So for Feb 5, it will say the closing price was 50 instead of 100. For dividends, let's say stock ABC closed at 200 on December 18.  Then on December 19, the stock increases in price by $2 but it pays out a $1 dividend.  In Yahoo's historical prices for XYZ, you will see that it closed at 200 on Dec 18 and 201 on Dec 19.  Yahoo adjusts the closing price for Dec 19 to factor in the dividend."}
{"_id": "113167", "title": "", "text": "\"The following is based on my Experian credit scoring feedback and experience here in the UK over many years.  (And for further information I currently hold a credit score of 999, the highest possible, with 6 credit cards.)  Now I'm assuming that while there may be some differences in particulars in your case due to the difference in locality nevertheless the below should hopefully provide some broad guidelines and reasonable conclusion in your situation: Having a large number of active credit accounts may be seen as a negative.  However having a large number of settled accounts should on the contrary have a positive effect on your score.  As you keep your accounts mostly settled, I think having another card will not be to your detriment and should in time be beneficial. A large total credit balance outstanding may count against you.  (But see the next point.)   Having your total outstanding debt on all credit accounts be a smaller proportion of your total available credit, counts in your favour.  This means having more cards for the same amount of credit in use, is net-net in your favour.  It also has the effect of making even larger outstanding credit balances (as in point 2) to be a lower percentage of your total available credit, and consequently will indicate lower risk to lenders.   It appears from my experience the higher the highest credit limit on a single card you are issued (and are managing responsibly e.g. either paid off or used responsibly) the better. Needless to say, any late payments count against you.  The best thing to do then is to set up a direct debit for the minimum amount to be paid like clockwork every month.  Lenders really like consistent payers. :) New credit accounts initially will count against you for a while.  But as the accounts age and are managed responsibly or settled they will eventually count in your favour and increase your score. Making many credit applications in a short space of time may count against you as you may be seen to be credit reliant.  Conclusion: On balance I would say get the other card.  Your credit score might be slightly lower for a couple of months but eventually it will be to your benefit as per the above.    Having another card also means more flexibility and more more options if you do end up with a credit balance that you want to finance and pay off over a period as cheaply as possible.   In the UK the credit card companies are falling over themselves trying to offer one \"\"interest free\"\" or 0% \"\"balance transfer\"\" offers.  Of course they're not truly 0% since you typically have to pay a \"\"transfer fee\"\" of a couple of percent. Still, this can be quite cheap credit, much much cheaper than the headline APR rates actually associated with the cards.  The catch is that any additional spending on such cards are paid off first (and attract interest at the normal rate until paid off).  Usually also if you miss a payment the interest rate reverts to the normal rate.  But these pitfalls are easily avoided (pay by direct debit and don't use card you've got a special deal on for day to day expenses.) So, having more cards available is then very useful because you then have choice.  You can roll expensive debts to the cheapest lender at your disposal for as long as they'll offer, and then simply not use that card for any purchases (while paying off the balance as cheaply as possible), meanwhile using another card for day to day expenses.\""}
{"_id": "113189", "title": "", "text": "Similarly to buying property on your own, REITs cannot get to good returns without leveraging. If you buy an investment property 100% cash only - chances are that 10% ROI is a very very optimistic scenario. If you use leveraging (i.e.: take out a mortgage) - you're susceptible to interest rate changes. REITs invest in properties all around all the time. They invest in mortgages themselves as well (In the US, that's the only security REITs can hold without being disqualified). You can't expect all that to be cash-only, there have to be loans and financing involved. When rates go up - financing costs go up. That brings net income down. Simple math. In the US, there's an additional benefit to investing in REIT vs directly holding real estate: taxes. REITs pay dividends, which have preferential (if qualified) taxation. You'll pay capital gains taxes on the dividends if you hold the fund long enough. If you own a rental property directly, your income after all the expenses is taxed at ordinary rates, which would usually be higher. Also, as you mentioned, you can use them as margin, and they're much much more liquid than holding real estate directly. Not to mention you don't need to deal with tenants or periods where you don't have any, or if local real-estate market tanks (while REITs are usually quite diversified in kinds of real estate they hold and areas). On the other hand, if you own real estate, you can leverage it at lower rates than margin (with HELOCs etc), and it provides some safety net in case of a stock market crash (which REITs are somewhat susceptible to). You can also live in your property, if needed, which is something that's hard to do with REITs...."}
{"_id": "113193", "title": "", "text": "Oh?  I guess it's different here in Canada.  *googles*.  &gt; Canada has a \u201dlast resort\u201d clause for veterinarians to use antibiotics, and the milk must be withdrawn from supply for 14 days or twice as long as the medication\u2019s withdrawal period, whichever is longer."}
{"_id": "113205", "title": "", "text": "Pure fearmongering.  The poison is in the dose.  Finding trace amounts of anything is completely irrelevant and is never a cause for concern.  Until they publish what the actual concentrations are - and which concentrations might be a problem, this is complete non-news.  (The fact that they left out the concentration is rather telling..!)"}
{"_id": "113221", "title": "", "text": "I'm responsible for all our hedging.  Since we sell the energy to end users we do mostly fixed buys, swaps and calls.  I'm a excel guru and dabble a little in SQL.  we have Crystal Ball as well but i have no idea how to use it.  I guess I'm trying to figure out if there is a tool that people use to help me analyze the spreads. or perhaps some reading material to help me through this. This is what i've been working towards for so long and i really don't want to fuck this up"}
{"_id": "113239", "title": "", "text": "You'll get a range of answers, but with microLearning, you present a short block of content \u2013 less than three minutes \u2013 your learner can quickly master and immediately put to use. My 'rules' for each microLearning object are: * Should take a learner 3 minutes or less to master. * Is complete and presents a single learning objective. * Is one in a sequence that progress a learner toward a larger learning objective. * Delivers helpful content that is of value to the learner. * Is easily accessible to learners as part of their daily routine.  Each object should provide: * The content * The context for the content (where it fits in the larger training picture) * Why the content is of value (WIIFM) * A call to action * Guidance for reflective practice  https://learningstream.ie/microlearning-your-time-has-come/"}
{"_id": "113284", "title": "", "text": "In a nutshell, as long as they (Sparkasse) choose to. I work with banks where it happens the moment I submit the transaction (so the next screen already shows the new totals), and I work with banks that make it take 3 days. In the past, Sparkasse and Raifeissenkassen were especially famous to take a looong time ('Wir nehmen mehr als Geld und Zinsen...' - they supposedly work with the money inbetween, as it is gone from the source account but not arrived in the target account yet); that might have changed (or not). Probably Sparkasse has a statement in their fineprint on how long they make it take. I would expect one business day in today's environment, but I didn't look it up."}
{"_id": "113286", "title": "", "text": "Just wanted to say that was a very interesting read, and I agree with most of what you said. I always find it interesting how many people (gods I hate to generalize but it seems apt at this point) seem to assume outright that anyone opposing the Libertarian viewpoint are lazy,poor,unmotivated, drug addicts or stupid. I always find it hard to maintain my composure with those individuals but you have done a smashing job keeping a calm rational demeanor while your adversary maintains his/her descent into childish name calling which is rather disappointing. Because if he could just form a counter argument without them it would be such a more interesting dialog."}
{"_id": "113297", "title": "", "text": "It is often the case (more commonly in countries other than the USA) that a fixed-term loan has an early redemption penalty, because the lender themselves will incur a cost for settling the loan early, while a variable-rate loan does not. If this is the situation and you think you might want to pay off the loan early, you should definitely consider the variable rate rather than then fixed rate."}
{"_id": "113303", "title": "", "text": "How's it misleading if it's a direct quote? That's quite literally what he said.   And a seven year bubble is not so unusual; bubbles can persist for long periods if there's no obvious catalyst for them to pop/deflate. Calling something a bubble does not equal calling when it will end."}
{"_id": "113304", "title": "", "text": "&gt; Are you suggesting when they break a law involving a small portion of their total business they pay fines involving all portions of their business?  Im suggesting if they break the law they go to jail, just like every one else. Im pretty sure what they did is worst than smoking a doobie and yet no one has gone to jail. just some light fines."}
{"_id": "113321", "title": "", "text": "- On average, Mac users will select  rooms 20$-30$ more per night than windows users.  - Therefore, **orbitz charges more.**  - Therefore, the user pays more (*for a non substitute*) - i.e. Better rooms cost more.  - Therefore Mac users like better quality.   Seems legit."}
{"_id": "113322", "title": "", "text": "The expense ratio is 0.17% so doesnt that mean that for every 10K I   keep in the money market fund I lose $17/year?  Not really. The expense ratio is taken before distributions are paid which applies to all mutual funds. Should I care about this?  In this case not really. If it was a taxable account, then other options may be more tax-efficient that is worth noting. The key with money market funds is that the expense ratio often represents how much money the administrators will take before paying out the rest. So, if your money market fund bought investments that paid .25% then you'd likely see .08% as that is what is left over after the .17% is taken in the dividends. If at the start of the year, the funds NAV is $1, and at the end of   the year, the funds NAV is still $1, I havent lost anything right? Right. Wikipedia has a good article on money market funds. Keep in mind that most money market funds are run as one of a number of funds from a fund family that may have to take a little less profit on the money market funds when rates are low."}
{"_id": "113387", "title": "", "text": "I find this pretty sketchy, personally.   From their investor opportunities page:  &gt; Wall Street, Social Medias and Real-estate investments aren\u2019t working for many investors.  Stocks in the beleaguered social media sector keep heading down.  Shares of FaceBook, Angie\u2019s List and Groupon, etc. have plunged as investors continue their retreat from the formerly red-hot sector. In this present day economy investors are looking for the next early stage Apple.  LifeSaver is the answer.  Reads as way too much of a sales pitch to invest. Also, I don't think there is actually any way to invest in the company outlined on that page.  I'm not saying this isn't a good idea for a product, I just would expect a medical device company to have a somewhat more professional website/investor relations page, and i'm slightly surprised to see you post this, especially with this title."}
{"_id": "113397", "title": "", "text": "definitely have her get a financial advisor asap and go from there. the majority of that money should be invested and allocated into proper accounts. I know many people bash Wells Fargo around Reddit but I have one through them and he's been great."}
{"_id": "113405", "title": "", "text": "&gt;now why would people opposed to meat/blood want the appearance of bleeding?  It helps transition the people who've been eating meat/dairy all their life with something similiar enough.  Also, people generally turn vegan for 3 reasons: health, compassion, and/or environment.  Notice how disgust of meat usually isn't one of the big 3 although for some people it's a factor."}
{"_id": "113431", "title": "", "text": "He's not stealing from you, you guys just have seriously broken communication.  &gt; My red flag is he never ever takes a paid vacation. If he does take a paid vacation he plans it out a few weeks in advance.  That's called being a dedicated employee and planning ahead. It's also not uncommon to feel like training an assistant is more work than it's worth. Any number of things could be going through his head."}
{"_id": "113436", "title": "", "text": "You sounded like taking a shot at developers being little bitches and moving on minor inconveniences. Where as the execs are grown up, and pull through..  When reality that's not fair to say, the incentives are completely different. So it's expected."}
{"_id": "113439", "title": "", "text": "I don't think they have the in-house expertise to source and market  groceries specifically though, or at least not the level of expertise they feel they need to be competitive. Sometimes it's better to just acquire an organization and all its knowledge than to try to learn it all yourself and skin your knee in the process."}
{"_id": "113448", "title": "", "text": "\"Build your credit history by paying the credit accounts you have on time.  Review these periodically and close the ones you do not need. Ignore your score until it is time to make a large purchase.   Make decisions regarding credit on the basis of whether the debit would be better paid with cash or credit.  Not on credit score. Keep in mind that if your income is invested in your future, your money is working for you.  The income that is paying debt is working for the lenders. Mint is a financial services industry company (Intuit).  You are their product.  Intuit makes money from Mint by placing ads on the site where you visit frequently, and by gathering data about those who subscribe to their service.  They also are paid to refer you to credit card companies to \"\"build credit.\"\"\""}
{"_id": "113451", "title": "", "text": "If you're not a NY (tax) resident, then as long as you're not physically present in New York - you do not owe NY taxes on compensation for your services. But that is if you're a 1099 contractor/employee. If you're a partner/shareholder in a partnership/LLC/S-Corp registered or conducting business in New York, and that company pays you money - you do owe NY taxes. See this page of the NY revenue agency for more details."}
{"_id": "113457", "title": "", "text": "I believe the following formula provides a reasonable approximation. You need to fill in the following variables: The average annual return you need on investing the 15% =  (((MP5 - MP20) * 12) + (.0326 * .95 * PP / Y)) / (PP *.15) Example assuming an interest rate of 4% on a 100K home: If you invest the $15K you'll break even if you make a 9.86% return per year on average. Here's the breakdown per year using these example numbers: Note this does not consider taxes."}
{"_id": "113462", "title": "", "text": "I'm not saying an election will bankrupt a company, but you really think there is zero relation between an election outcome and a company's bottom line? When the major issues of the election are the economy and taxes, I'm pretty sure one outcome will be better for business than the other."}
{"_id": "113481", "title": "", "text": "A good manager sets up systems, so you hardly have do to direct anything yourself. Manage by exception. Trust,  ask employees how things can be improved(they will have better knowledge of the task) and let them implement it if it's good.  At our place,  we have visual management things on TV screens so everyone knows what's going on,  metrics etc.  People are constantly trying to improve the performance of system without management pushing for it.   Empathy is highly important in management.  You have to feel what they feel.  The last thing you want is disgruntled employees.  Good luck getting people to do things well,  when they think you are a dick.   You can't demand respect... By definition.  You gradually gain it by being good at the job,  and making their jobs feel better.  If you can find out what people's real skills are then design the role around them. Don't force people into strictly defined roles. This is why people get fired. They're in a job that doesn't match their skills. Nothing worse then knowing your shit at a job,  but unable to move to a job you think you are good at."}
{"_id": "113491", "title": "", "text": "Millions of Americans are affected by this. Millions of Americans live in debt, through credit cards and other sources that depend on these scumbaggers. Yet, the media picks it up, due to necessity, and drops it faster than a wide receiver with no hands."}
{"_id": "113506", "title": "", "text": "If it's a low margin business and you can get value for it that's higher than the leadership values it, and they have some opportunity in a better margin business but for some reason couldn't acquire debt funding or more investors to fund the new business; then it might be feasible, but unusual and probably not ideal."}
{"_id": "113516", "title": "", "text": "If you know that you have a reasonable credit history, and you know that your FICO score is in the 690-neighborhood, and the dealer tells you that you have no credit history, then you also know one of two things: Either way, you should walk away from the deal.  If the dealer is willing to lie to you about your credit score, the dealer is also willing to give you a bad deal in other respects. Consider buying a cheaper used car that has been checked out by a mechanic of your choice.  If possible, pay cash; if not, borrow as small an amount as possible from a credit union, bank, or even a very low-interest rate credit card.  (Credit cards force you to pay off the loan quickly, and do not tie up your car title.  I still have not managed to get my credit union loan off of my car title, ten years after I paid it off.)"}
{"_id": "113529", "title": "", "text": "Well, 1.5 million kids who have never seen a doctor have one now.   The infant mortality rate has dropped 15%. Do you know if we could get even with even Italy's infant mortality rate, we would have something like 16 fewer dead babies every single day?"}
{"_id": "113543", "title": "", "text": "This is a case where you sit down with an advisor or two. There are legal, and tax issues.  When you deposit the cash, or buy a car with it, the large cash transaction will trigger a notice to the US Government. So they will eventually find out.  Before you get to that point you need to know what obligations and consequences you will be facing. Because you don't know if it was a gift, or found money, or if the owner will be back looking for you to return it; therefore you need expert advice."}
{"_id": "113550", "title": "", "text": "Again, I don't have the answers, but it seems to me as though the value of stock in a company should be directly correlated somehow to the real world value - what it holds in assets, the demand for its services or products.    And when you see IPOs of tech stocks with prices exponentially greater than their revenues, or derivatives that when unravelled are nothing but air, or intraday fits and runs that seem to be tied to nothing in particular, then it all starts to look like nothing but manipulation.  Maybe you're right, there's nothing wrong with HFT and a tax on it wouldn't add stability, I can't say.  And if you explained it, I must not have understood.  But I don't think its wrong for people to consider the current (or past) instability undesirable and try to think of solutions."}
{"_id": "113558", "title": "", "text": "\"The reason \"\"on-line\"\" savings accounts (Ally, CapitalOne, American Express, and many others) provide much higher rates than brick-and-mortar banks is because they're not brick-and-mortar. They do not need to pay for a huge amount of real estate, utilities, public-facing employees, inter-office mail, security, etc etc. All that - allows them to pay more for your money. The back office of these banks is the same as that of Chase, BOA or Wells Fargo. Its just that they don't have the enormous expense of having a branch in every neighborhood, while still reaching all the same population of depositors. So no, its not a scam, these are reputable banks. Some have physical offices (for example, I know that CapitalOne has some branches in New York), some don't (IIRC neither Ally nor American Express Federal Saving Bank have physical branches). But they're banks nonetheless, insured as required by FDIC (or NCUA, in case of credit unions), and provide all the same services for less (or all the same savings for more, if you will). IMHO, giving 0.01% APR is a scam. Not the other way around. The old-style banks want your money for free, and you're worried why would someone else treat you better... Well, that's why the US has one of the most retarded financial systems in the Western world...\""}
{"_id": "113566", "title": "", "text": "Narratively from the POV of the landlord, the hip retailer ABC offered me a 10 year lease at $1000/month for an empty store front on an empty block.  I agreed.  ABC attracted a large youth market, so other stores filled in the rest of the block in the intervening decade, which I leased for 1200, 1500, 2000, and finally 4000 per month since the foot traffic and demographic is so strong. It's now year 9.  Next year, the lease will likely jump up to the comparable 4000 per square foot.  Their margin in this location probably looks great today.  But the purpose of the quote is to warn you to check the future."}
{"_id": "113585", "title": "", "text": "The operating margin deals with the ability for a company to make a profit above the costs of running the company and generating sales. While ROE is how much money the company makes relative to the shareholders equity. I'd be willing to bet that if a company has a small ROE then it also has a quite large P/E (price to earnings) ratio. This would be caused by the company's stock being bid up in relation to its earnings and may not necessarily be a bad thing. People expect the high operating margin to help drive increased revenues in the future, and are willing to pay a higher price now for when that day comes."}
{"_id": "113587", "title": "", "text": "\"My favorite line:   \"\"Companies should generate enough profits to justify the price that shareholders are willing to pay for its shares. Once shareholders are no longer willing to pay up for those profits, they should invest that money elsewhere.\"\"   This person loses all credibility right here.\""}
{"_id": "113606", "title": "", "text": "Giant, Trek, and Specialized have partner brick and mortar shops that are selling more than just their bikes. They're selling direct to consumer but the hope is that they are going into these shops and buying other cycling accessories that they manufacture i.e. helmets, shoes, cycling kits, etc.  I don't know much about Canyon but my guess is that they are mainly selling bikes and all the other stuff isn't a big component of their business."}
{"_id": "113607", "title": "", "text": "Are there any frameworks to deal with the following situation: assume you're invested in an asset which has gained 10x, there is a chance for the asset to gain another 10x (100x in total) and go to zero. The probabilities of the various outcomes are unknown."}
{"_id": "113614", "title": "", "text": "But the benefits in EU countries are better. I don't see a reason to go to the US for an employment, especially if there's a clock of 6 years running on it.   I don't know if I can ever explain that to anyone, but moving 8,000 miles to a different continent that feels like a third world country with crazy shootings and shitty healthcare, and than when you finally get used to it and get settled in you get kicked out and besides illegally getting into a greencard marriage you can't stay. they would deport you like a criminal after paying taxes for 6 years.  so yeah, in my personal opinion and pretty much every former H1b holder I know, it's not worth it as long as there's a time limit."}
{"_id": "113619", "title": "", "text": "\"I mean, in the eyes of investors it is a good investment.  &gt; \"\"Demand for stock from fund managers exceeded supply by more than 29 times at that price, two people said.\"\"  They also have plantations in Malaysia and Indonesia, along with refining plants in China, Indonesia, Turkey, and South Africa. So it already has a stable foot hold in various economies.   Like I said, it's nice to see a business IPO that offers a tangible product with a relatively cheap IPO along with a chance to see much growth. You don't see many of these around nowadays.\""}
{"_id": "113623", "title": "", "text": "Stock basically implies your ownership in the company. If you own 1% ownership in a company, the value of your stake becomes equal to 1% of the valuation of the entire company. Dividends are basically disbursal of company's profits to its shareholders. By holding stocks of a company, you become eligible to receiving dividends proportional to your ownership in the company. Dividends though are not guaranteed, as the company may incur losses or the management may decide to use the cash for future growth instead of disbursing it to the shareholders. For example, let's say a company called ABC Inc, is listed on NYSE and has a total of 1 million shares issued. Let's say if you purchase 100 stocks of ABC, your ownership in ABC will become Let's say that the share price at the time of purchase was $10 each. Total Investment = Stock Price * Number of Stocks Purchased = $10 * 100 = $1,000 Now, let's say that the company declares a dividend of $1 per share. Then,  Dividend Yield = Dividend/Stock Price = $1/$10 = 10% If one has to draw analogy with other banking products, one can think of stock and dividend as Fixed Deposits (analogous to stock) and the interest earned on the Fixed Deposit (analogous to dividend)."}
{"_id": "113632", "title": "", "text": "First, you need to see if you actually qualify as a dependent under IRS rules; in short: While there may be exceptions to the cohabitation rule, I am not sure what those could be.  The takeaway is that if your parent is wishing to claim you as a dependent, they must be responsible for supporting the majority of your living expenses (e.g. food and shelter). If this is the case, then the next question is to look at how the impact of the exemptions play out.  In your situation, I would guess that your mother is correct:  your taxable income is likely to be so low that if you do not take an exemption for yourself, you probably would still have zero or minimal tax liability; but if you mother claims you as a dependent, she will be able to take a deduction. In the case of your grants and loans, the loans should not be taxable income since these need to be repaid (presumably, with future earnings).  Federal grants may be taxable--basically, the portion of the grant that is used solely for paying educational expenses toward a specific degree (tuition and books) is non-taxable, but the remainder may be subject to tax. As for tax credits, you would need to see how much you would get and how they would apply to you.  The bottom line is, there are too many variables to say for certain what the best approach would be, so both your and your mother's returns must be prepared under each scenario (you as her dependent, versus you claiming a personal exemption)."}
{"_id": "113640", "title": "", "text": "What California will prove is that the paying system isn't the cause of the skyrocketing prices. It is the huge amount of demand side subsidization of the health care industry primarily from Medicare and Medicaid. Anyone who believes this will save anything has a short memory of California's record on cost saving legislation."}
{"_id": "113644", "title": "", "text": "OptionsXpress includes India in the list of countries where is possible to open an international account to invest in the US Stock Market. They just merged with Charles Schwab and they have a nice online trading platform. Stocks and ETFs are little bit pricey.. Get in touch with them to get more information."}
{"_id": "113650", "title": "", "text": "\"If you are living near a land-grant university, you might be able to find help from the university's Extension Service.  In many land-grant universities (the land grants were given to universities formed for the purpose of improving \"\"agricultural and mechanical arts\"\"),  the Extension Services have expanded beyond farm-related services to include horticulture, food and nutrition counseling, consumer finance, money management and budgeting advice etc.  See, for example this site.\""}
{"_id": "113651", "title": "", "text": "You should pay things off every month.  You don't want to be paying 10%-25% interest if you don't have to.  If you regularly use you card, the credit agencies can't tell the difference.  The way it works is that every month, they send the credit agencies your current balance and if you paid the last bill on time.  There is nothing that indicates if this is a standing balance, or if you charged all of it since the last payment. Any business that you legitimately owe a debt to can report that to the credit agencies.  Not all of them do.  This includes utilities, cell phone companies, landlords, etc. If any of them report overdue items it will show up on your credit report, and your credit card company can use that to raise you interest rate. Some cards will automatically raise you credit limit.  They are basically looking to make money fro you.  If you often charge near the limit, and pay the minimum balance each month, they may raise your limit to get you to charge more, and pay more interest.  You can also call them and ask.  They have some internal rules to decide if, based on your history with them and your credit history, if you are a good risk."}
{"_id": "113660", "title": "", "text": "I love how this probably won't get many replies because your in the trenches doing it, keep up the hard work. I graduated high school with 1k in savings and dropped out of college to help support my depressed and unemployed mother with some help from my Father.   I am now a married new construction homeowner and we take home enough money to have new cars, save for retirement, and enjoy life with no college degrees. I went from 8 an hour to over 35 now in 4-5 years.  We both had to get off social media because of all our old high school friends who went to college for garbage degrees, never tried to get entry level jobs in their industry while in school or network, and now cry all day about how Bernie sanders didn't win the election and why school should be free so they don't have to pay off debt for a worthless degree as they wait tables. No sympathy"}
{"_id": "113664", "title": "", "text": "It's still early days, too. Most people have heard of Bitcoin, but not nearly as many of Ethereum, and barely anyone about one of the other four or five runner ups. All of them are growing and building an ecosystem, and starting to replace old ways of doing things.  Very interesting times ahead."}
{"_id": "113665", "title": "", "text": "I've never been involved with an HOA, but in organizations that I've been involved in, we had 'building funds', which were a dedicated part of the membership fees devoted to building up money for an event, building maintenance etc. My church when I was a kid had a heat fund in the summertime. Build up a fund, and spread the projects around... that's the affordable way to do things. But you need good governance, otherwise you end up with some yahoo blowing the money on something frivilous when there is a sparsly attended meeting."}
{"_id": "113674", "title": "", "text": "Don\u2019t waste time trying to create a video on your own. Why do it when you have expert animation video makers by your side? They are skilled in the art and science of creation, copy, edit, and finalization of the video to give you a refined version of your content."}
{"_id": "113680", "title": "", "text": "Okay awesome. Thank you for your answer! I plan on developing it myself that's why I feel like time is not on my side, hence my concern because people can implement the idea a lot faster and easier than I can.  Thanks!"}
{"_id": "113686", "title": "", "text": "Asshole might be a bit strong.   In the half dozen or so interviews I've seen with him, he's short with people, defensive, and doesn't appear very friendly. He also made a joke about Joe Biden when Biden got choked up over his dead son.  Fuck Joe Biden for a lot of reasons, but not cool on Ackman's part."}
{"_id": "113690", "title": "", "text": "Check out r/flipping.  It is in line with your original method of accumulating capital, with more complexity and potential for profit.  Many people quit their jobs and do it about 20 hrs per week with better pay, but more risk.  Amazon and Ebay are your pals."}
{"_id": "113693", "title": "", "text": "Could be misunderstanding your context. But ev = equity + debt - cash. So don't think it makes sense for an equity holder to have an individual ev/ebitda different from the company's.   Are you asking in context of valuing equity and debt from an ev/ebitda multiple?"}
{"_id": "113732", "title": "", "text": "\"Interesting article! I feel like it focuses a little heavy on that line in the 10-K though, that doesn't seem terribly uncommon. Seems like the article is trying to do a \"\"gotcha\"\" bit with it. I think the story of the disappearing executives is much more interesting without bringing the generic 10-K disclaimers into it at all.\""}
{"_id": "113741", "title": "", "text": "You can only grow your fucking corn in farmville so many days before the thrill wanes I guess.  Seriously, Zynga was an even dumber bubble than Facebook itself. There whole business model is stealing other people's ideas, then getting you to annoy your friends by spamming their walls. This is not a never ending growth strategy."}
{"_id": "113776", "title": "", "text": "There are two reasons for incorporating a business in Canada - limiting liability and providing some freedom in structuring your taxes. Since you are asking about taxes, I will restrict myself to that topic. First of all, remember that if you don't make much money, there isn't much tax to save by clever structuring of your affairs. And if you do incorporate, you will pay taxes as a corporation, and pay taxes again on your salary paid from that corporation. It can still be advantageous, because the small business tax rate is less that the higher tax brackets of personal taxes, and you don't have to pay out all of the profit as salary. If you don't incorporate, you still must pay taxes on your net income from the business. (See brian's answer.) Definitely keep track of your income and expenses, even if you don't plan on making money, in case you get audited. If the CRA wants to call your hobby a business, you will need to show that you haven't made any profit. I am just giving you a few bits of advice because this subject is complicated. Too complicated for an answer on this site. If you are still interested, go to your local library and get some books on the subject."}
{"_id": "113783", "title": "", "text": "I was fairly serious about Spanish in high school. The front desk person was a mom of a friend and Puerto Rican so she said she was only going to speak Spanish to me. When I asked her the word for tissue she told me it was Kleenex and said she genuinely didn't know another word for it."}
{"_id": "113786", "title": "", "text": "\"There are two umbrellas in investing: active management and passive management. Passive management is based on the idea \"\"you can't beat the market.\"\" Passive investors believe in the efficient markets hypothesis: \"\"the market interprets all information about an asset, so price is equal to underlying value\"\". Another idea in this field is that there's a minimum risk associated with any given return. You can't increase your expected return without assuming more risk. To see it graphically:   As expected return goes up, so does risk. If we stat with a portfolio of 100 bonds, then remove 30 bonds and add 30 stocks, we'll have a portfolio that's 70% bonds/30% stocks. Turns out that this makes expected return increase and lower risk because of diversification. Markowitz showed that you could reduce the overall portfolio risk by adding a riskier, but uncorrelated, asset! Basically, if your entire portfolio is US stocks, then you'll lose money whenever US stocks fall. But, if you have half US stocks, quarter US bonds, and quarter European stocks, then even if the US market tanks, half your portfolio will be unaffected (theoretically). Adding different types of uncorrelated assets can reduce risk and increase returns.  Let's tie this all together. We should get a variety of stocks to reduce our risk, and we can't beat the market by security selection. Ideally, we ought to buy nearly every stock in the market so that  So what's our solution? Why, the exchange traded fund (ETF) of course! An ETF is basically a bunch of stocks that trade as a single ticker symbol. For example, consider the SPDR S&P 500 (SPY). You can purchase a unit of \"\"SPY\"\" and it will move up/down proportional to the S&P 500. This gives us diversification among stocks, to prevent any significant downside while limiting our upside. How do we diversify across asset classes? Luckily, we can purchase ETF's for almost anything: Gold ETF's (commodities), US bond ETF's (domestic bonds), International stock ETFs, Intl. bonds ETFs, etc. So, we can buy ETF's to give us exposure to various asset classes, thus diversifying among asset classes and within each asset class. Determining what % of our portfolio to put in any given asset class is known as asset allocation and some people say up to 90% of portfolio returns can be determined by asset allocation.  That pretty much sums up passive management. The idea is to buy ETFs across asset classes and just leave them. You can readjust your portfolio holdings periodically, but otherwise there is no rapid trading. Now the other umbrella is active management. The unifying idea is that you can generate superior returns by stock selection. Active investors reject the idea of efficient markets.  A classic and time proven strategy is value investing. After the collapse of 07/08, bank stocks greatly fell, but all the other stocks fell with them. Some stocks worth $100 were selling for $50. Value investors quickly snapped up these stocks because they had a margin of safety. Even if the stock didn't go back to 100, it could go up to $80 or $90 eventually, and investors profit. The main ideas in value investing are: have a big margin of safety, look at a company's fundamentals (earnings, book value, etc), and see if it promises adequate return. Coke has tremendous earnings and it's a great company, but it's so large that you're never going to make 20% profits on it annually, because it just can't grow that fast. Another field of active investing is technical analysis. As opposed to the \"\"fundamental analysis\"\" of value investing, technical analysis involves looking at charts for patterns, and looking at stock history to determine future paths. Things like resistance points and trend lines also play a role. Technical analysts believe that stocks are just ticker symbols and that you can use guidelines to predict where they're headed.  Another type of active investing is day trading. This basically involves buying and selling stocks every hour or every minute or just at a rapid pace. Day traders don't hold onto investments for very long, and are always trying to predict the market in the short term and take advantage of it. Many individual investors are also day traders.  The other question is, how do you choose a strategy? The short answer is: pick whatever works for you. The long answer is: Day trading and technical analysis is a lot of luck. If there are consistent systems for trading , then people are keeping them secret, because there is no book that you can read and become a consistent trader. High frequency trading (HFT) is an area where people basically mint money, but it s more technology and less actual investing, and would not be categorized as day trading.  Benjamin Graham once said: In the short run, the market is a voting machine but in the long run it is a weighing machine. Value investing will work because there's evidence for it throughout history, but you need a certain temperament for it and most people don't have that. Furthermore, it takes a lot of time to adequately study stocks, and people with day jobs can't devote that kind of time. So there you have it. This is my opinion and by no means definitive, but I hope you have a starting point to continue your study. I included the theory in the beginning because there are too many monkeys on CNBC and the news who just don't understand fundamental economics and finance, and there's no sense in applying a theory until you can understand why it works and when it doesn't.\""}
{"_id": "113800", "title": "", "text": "\"See Berkshire Hathaway Inc. (BRK-A) (The Class A shares)  and it will all be clear to you. IMHO, the quote for the B shares is mistaken, it used earning of A shares, but price of B. strange. Excellent question, welcome to SE.  Berkshire Hathaway is a stock that currently trades for nearly US$140,000. This makes it difficult for individual investors to buy or sell these shares. The CEO Warren Buffet chose to reinvest any profits which means no dividends, and never to split the shares, which meant no little liquidity.  There was great pressure on him to find a way to make investing in Berkshire Hathaway more accessible. In June '96, the B shares were issued which represented 1/30 of a share of the Class A stock. As even these \"\"Baby Berks\"\" rose in price to pass US$4500 per share, the stock split 50 to 1, and now trade in the US$90's.  So, the current ratio is 1500 to 1. The class B shares have 1/10,000 the voting rights of the A. An A share may be swapped for 1500 B shares on request, but not vice-versa.\""}
{"_id": "113805", "title": "", "text": "\"More like sales \"\"guidelines\"\". The company asks employees to hit certain upsell goals, i.e. selling as many machines with AppleCare (extended warranty) as possible. No specific dollar amounts per employee, however each store as a whole is ranked against all other stores.   They don't really get rid of people. If you are repeatedly late, you're gone. If you're a no show, you're gone. If you are like me and revealing corporate secrets, you're gone. But they don't really can you for not being a sales beast.\""}
{"_id": "113817", "title": "", "text": "Shop for the quality always! Choose your favorite one football here and get it at your doorstep. No need to go market or any store, no need to be worry to find the unique and Best cheap soccer balls. All famous brands are available here at discounted price. Just choose and order your favorite brand with color option."}
{"_id": "113818", "title": "", "text": "A few big players gobbling up 80% of a market is what enables these cartels. A functioning government is there to enforce antitrust laws, but we don't have one. I'm honestly curious - what do you think would happen with these global corporations in the absence of government?"}
{"_id": "113822", "title": "", "text": "\"Typically you can use credit card balance transfers to consolidate some, or all, of your other loan balances in one place.  The interest rate might be lower.  Some prefer to make one payment rather than multiple payments.  There is typically a fee that is imposed by the card that is originating or creating the loan.  This would be the credit card you are transferring the balances.  That fee is typically in the 3% to 5% range.   While tempting and attractive on the surface, this plan typically leads to a worse situation then you are now.   It's a \"\"tough pill to swallow\"\", but your problem is that you spend too much money.  Transferring money will not change this problem, it is your behavior that has to change in order to not accumulate more debt.  It has to change further if you want to get rid of the debt in a timely fashion.   You would be far better served to forget about this transfer and get your life into control.  Spend a lot less, earn more.  Pay off the cards you have now and cut them up.  Make a goal to be done in a year and figure out how to earn enough money to make that happen. BTW I am a reformed over-spender that now owes nothing.  Yep my house, cars, and rental property are all paid for.  You can get there too.\""}
{"_id": "113825", "title": "", "text": "\"Getting a loan should be hard. Who exactly is \"\"leaving behind a generation?\"\" Welcome to free market capitalism. Buy land a build a house if houses are too expensive. The world doesn't owe you anything. Figure it out on your own.\""}
{"_id": "113830", "title": "", "text": "This might be a good reason to check that box saying you want paper reports for those monthly statements. After all, you don't get any cost savings for opting for electronic files. Otherwise you are stuck arguing without documentation that you lost those files proving my account balance in the EM event."}
{"_id": "113834", "title": "", "text": "When I worked there we had a '10 Foot Rule', you had to acknowledge any customer within 10 feet of you. This rule was rarely followed as you were usually busy with something else and didn't have time to acknowledge everyone within 10 feet of you at all times. And as someone else already pointed out, they have a 'No Pressure' sales approach. This is a businesses way of telling you that they don't pay their employees on commission. So I couldn't give a crap if you bought that computer at my store or another Best Buy or at the Circuit City across the street (whoops looks like I dated myself.) I didn't see an extra penny if you bought from my store. The only thing they did pressure you to sell was extended warranties, and it was negative pressure, in that if you didn't sell enough of them you were warned and then eventually let go. Couldn't get out of that place fast enough."}
{"_id": "113844", "title": "", "text": "\"It reminds me of the Efficient Market Hypothesis, except that just states in its weakest form that the current market price accounts for all information embedded in previous market prices. In other words, people buying today at 42 know it was selling for 40 yesterday, and the patterns and such. To say that stock is memoryless strikes me as not quite right -- to the extent that stocks are valued based on earnings, much of what we infer about future earnings relies on past and present earnings. One obvious counterexample to this \"\"memoryless\"\" claim is bankruptcy. If a stock files bankruptcy, and there isn't enough money to pay senior debt, your shares are worth 0 in perpetuity.\""}
{"_id": "113846", "title": "", "text": "\"Any clearing/ legal experts out there?  Is this possible- and if so, is it that big of a deal? Here are my thoughts:  1. The EU is right to request euros to be cleared on \"\"home soil\"\" for sovereignty reasons since 2/3s of euro currency is cleared in London.  2. Moving euro clearing back to the eurozone... would just mirror US regulations.  Whats the big deal?\""}
{"_id": "113855", "title": "", "text": "\"I would not advise buying a home because you think you will make money. (1) Return on Investment If you have $290K, have you asked yourself how much your investment would grow if you invested it in other ways.  At 2% growth re-invested, your money would grow to $307K (or 17K) after 4 years.  $290,000 * 1.02 =   $295,800 * 1.02 =   $301,716 * 1.02 =   $307,750  (2) Homeowner Experience Without the experience of owning your own home, it's hard to know relate to complaints and expectations that your tenants might have.  It's hard to know to anticipate problems and repairs and costs due to home ownership.  Homeowners have many decisions to make regarding upkeep of a home.  The costs are difficult to predict if you have no experience to draw upon. (3) Managing Rental Property: It's a \"\"job\"\".  You either take on this responsibility, or you subcontract it to someone else who you pay to manage the property and contracts!  Is this something you are passionate about doing? If you need to travel back to the home, it's clear across country.  It's not close enough to visit.\""}
{"_id": "113864", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [TPG Capital Hires Former Ford Motor CEO](https://np.reddit.com/r/talkbusiness/comments/789mzj/tpg_capital_hires_former_ford_motor_ceo/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "113871", "title": "", "text": "I would just take $2000 and multiply by your marginal tax rate, weight that between the 5 other people according to their share of the prize money and ask them to give you that. From your question it seems like you all have a good working relationship, I'm sure the other partners would agree to that. I think it's the simplest solution that is also fair and equitable. Basically, you pay the tax on 2000 and they pay you back for their share of the tax. Much easier than trying to pass it through your tax return for 5 separate people for a minimal amount of $'s. In hindsight, the best way to do it would have been to 1099 the person with the lowest marginal tax rate for the year to minimize the total tax paid on the 2000. Probably only would've been a few dollars difference but still the most efficient way to do it."}
{"_id": "113873", "title": "", "text": "Which is a reasonable assumption. If he knows why he outsourced he can make policy based on those reasons.  However, he has yet to give us a reason. We're only assuming he knows of policy that can stop that, yet in reality, it may be inevitable. Some things will always be cheaper from Asia.  So when we he gives us a speech on policy, I'll listen, but as of now, he hasn't given us a way to keep jobs here."}
{"_id": "113876", "title": "", "text": "\"I think the \u00a335K band applies to the \"\"dividend income\"\" not the \"\"dividend paid to you\"\", and so you would only actually get \u00a331.5K (90% of \u00a335K) in your pocket before the next tax band kicked in. If your company will only supplying large VAT registered entities, then register for VAT yourself and elect the Flat Rate scheme - depending on your area of business, given that you have no expenses, your company will get an extra 7% - 14% on its income for free. Your clients won't care that you charge them VAT because they'll claim it back. Finally, depending on what your company is for, beware of the dreaded IR35\""}
{"_id": "113881", "title": "", "text": "Your max contribution to your Roth IRA and your traditional IRA share the same cap, so if you are maxing your Roth IRA you cannot have a traditional one as well. I would put the additional into your 401k or perhaps a 529 if you have any kids."}
{"_id": "113885", "title": "", "text": "I won't make any assumptions about the source of the money.  Typically however, this can be an emotional time and the most important thing to do is not act rashly. If this is an amount of money you have never seen before, getting advice from a fee only financial adviser would be my second step.  The first step is to breathe and promise yourself you will NOT make any decisions about this money in the short term.  Better to have $100K in the bank earning nearly zero interest than to spend it in the wrong way. If you have to receive the money before you can meet with an adviser, then just open a new savings account at your bank (or credit union) and put the money in there.  It will be safe and sound. Visit http://www.napfa.org/ and interview at least three advisers. With their guidance, think about what your goals are.  Do you want to invest and grow the money?  Pay off debt?  Own a home or new large purchase?  These are personal decisions, but the adviser might help you think of goals you didn't imagine Create a plan and execute it."}
{"_id": "113894", "title": "", "text": "\"Those fall under \"\"doing some research\"\" but I get what you're saying. I'm most likely in the minority from what the lines look like when I do happen to visit Walmart.   Also, I'm jaded. I've known people who would just return random stuff to Walmart. Hell even stolen shit, since they will take pretty much anything. It's like an unregulated pawn shop.   I have just never found myself in the position that I needed to stand in line to return something there, so I guess the service just isn't for me. I shouldn't have commented at all since my opinion is inconsequential.\""}
{"_id": "113905", "title": "", "text": "Housing in New Zealand is still fairly cheap compared to a lot of European countries, even in Auckland.  The subsurface might be less favorable as well: there are old volcanoes. Ideally you have solid granite to build high."}
{"_id": "113918", "title": "", "text": "\"We aren't spending $50k on an educated that goes unused anyway.  &gt;retail degree holders that would have had a better chance with a less redundant education.   Which is why we should stop pushing \"\"college at all costs.\"\"   &gt;There should not be a price tag on an understanding of civics  Where did I say there should be?\""}
{"_id": "113929", "title": "", "text": "You can also consider getting GICs which offer early redemption - ING has pretty decent ones. Early redemption offers poorer interest than savings account, but if you go the full term the interest rates are better than savings account."}
{"_id": "113948", "title": "", "text": "Yes, an overall $500 loss on the stock can be claimed. Since the day trader sold both lots she acquired, the Wash Sale rule has no net impact on her taxes. The Wash Sale rule would come into play if within thirty days of second sale, she purchased the stock a third time. Then she would have to amend her taxes because claiming the $500 loss would no longer be a valid under the Wash Sale rule. It would have to be added to the cost basis of the most recent purchase."}
{"_id": "113960", "title": "", "text": "\"It depends on when you're setting the goal. 1) When you have finished the year and you are filling out tax forms, your goal is to get as large of a refund as possible. 2) When the year begins afresh and you are earning money and paying taxes, your goal should be roughly to pay exactly the amount of tax owed so that at the end of the year you don't have any refund or tax owed - it's the same as getting your tax refund right away rather than waiting until after you file taxes.  So you want your W4 set up appropriately (assuming you're talking about the US). I think (1) is obvious.  For (2), imagine you start the year with the goal to get the largest possible tax refund at the end.  Well that's simple - fill out the W4 and on line 6 (\"\"Additional amount, if any, you want withheld from each paycheck\"\") tell them to withhold everything.  Then at the end of the year you'll get a huge refund.  Of course in the meantime, you've made an interest-free loan to the government, and you've probably had to take out a high-interest rate loan from your bank or credit card.  Obviously this is bad. An argument could be made that it would be even better to slightly underpay your taxes (but not enough to owe a penalty).  Ignoring human weakness, this is correct.  If you have the discipline to set that money aside in a safe place, that's okay.  If this would cause you to spend that money (or even save less of your other money), then this is a bad idea.  So I'd really want to highlight some of this depends on your own financial discipline - is it better for you to have the money right away so that you can make good choices with how to use it now, or is it better for you to put the money somewhere out of reach so that you won't spend it on impulse purchases?  (and recognize that there are ways to put it out of reach and earn interest on it rather than spending it - one good choice for you would be a Roth IRA)\""}
{"_id": "113961", "title": "", "text": "\"Wait until confirmed, then eBay will send a notification that you need to ship. PayPal does have a waiting time for when the funds are \"\"free\"\" and can be withdrawn, make sure you're not confusing the two: https://www.paypal.com/us/selfhelp/article/Why-is-my-payment-from-a-sale-on-eBay-on-hold-FAQ1377  PayPal does this hold, usually 21 days, for those that are new to selling to ensure buyers are protected. I have had it happen when I sell and after 21 days, PayPal frees up the funds so I can withdraw. It's annoying, but the money is there.\""}
{"_id": "113981", "title": "", "text": "\"As @AlexKuhl says, ever? yes, but generally? no. If your 401k is invested in stocks and bonds, the long term return is very likely higher than the interest on a mortgage. Long term return on the stock market is around 7%. Mortgage rates these days are around 4%. Add the tax penalty on top of that and you're almost surely better to keep your money in the 401k. There's also the psychological/budgeting factor. People very often say, \"\"I'll pull money out of my retirement fund for this important purchase and then put it back later.\"\" And then later comes and there are other expenses and things they want to do and they never put the money back.\""}
{"_id": "113991", "title": "", "text": "\"You absolutely, positively can land in jail in the United States of America for an unpaid, NON-governmental debt: \"\"In 2011, Robin Sanders was driving home when she saw the blue and red lights flashing behind her. She knew she had not fixed her muffler, and believed that was why she was being pulled over. She thought she might get a ticket.Instead, Sanders, who lives in Illinois, was arrested and taken to jail.As she was booked and processed, she learned that she had been jailed because she owed debt \u2014 $730 to be precise, related to an unpaid medical bill. Unbeknownst to her, a collection agency had filed a lawsuit against her, and, having never received the notice instructing her to appear, she had missed her date in court.\"\" So, a private company is able to marshal the power of the State to arrest a person for a non-criminal act: being in debt. https://www.themarshallproject.org/2015/02/24/debtors-prisons-then-and-now-faq#.kzmmbtcOZ\""}
{"_id": "114022", "title": "", "text": "I'm afraid you're not going to get any good news here. The US government infused billions of dollars in capital as part of the bankruptcy deal. The old shares have all been cancelled and the only value they might have to you are as losses to offset other gains. I would definitely contact a tax professional to look at your current and previous returns to create a plan that best takes advantage of an awful situation. It breaks my heart to even think about it."}
{"_id": "114028", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/anarcho_capitalism] [Where does these people even come from?](https://np.reddit.com/r/Anarcho_Capitalism/comments/6hpq5g/where_does_these_people_even_come_from/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "114054", "title": "", "text": "\"I'm not following what's the meaning of \"\"open a mutual fund\"\". You don't open a mutual fund, you invest in it. There's a minimum required investment ($2000? Could be, some funds have lower limits, you don't have to go with the Fidelity one necessarily), but in general it has nothing to do with your Roth IRA account. You can invest in mutual funds with any trading account, not just Roth IRA (or any other specific kind). If you invest in ETF's  - you can invest in funds just as well (subject to the minimums set). As to the plan itself - buying and selling ETF's will cost you commission, ~2-3% of your investment. Over several months, you may get positive returns, and may get negative returns, but keep in mind that you start with the 2-3% loss on day 1. Within a short period of time, especially in the current economic climate (which is very unstable - just out of recession, election year, etc etc), I would think that keeping the cash in a savings account would be a better choice. While with ETF you don't have any guarantees other than -3%, then with savings accounts you can at least have a guaranteed return of ~1% APY (i.e.: won't earn much over the course of your internship, but you'll keep your money safe for your long term investment). For the long term - the fluctuations of month to month don't matter much, so investing now for the next 50 years - you shouldn't care about the stock market going 10% in April. So, keep your 1000 in savings account, and if you want to invest 5000 in your Roth IRA - invest it then. Assuming of course that you're completely positive about not needing this money in the next several decades.\""}
{"_id": "114057", "title": "", "text": "No. Like Keshlam said, unless you have a crystal ball there is no sure thing. However based on the things you said in your question, you could be better off doing some back testing. With your findings, you can then set up trades in your favor but again it's not 100%. You may also want to check out quant finance stackexhange."}
{"_id": "114064", "title": "", "text": "My first thought is get a Capital One Secured Card. Use it for small things and pay it all off when you get paid. It will build your credit and after six months of solid use your credit limit can go up and you can be eligible for a better non-secured card (not that you need to get one). It's great for starting or rebuilding credit."}
{"_id": "114082", "title": "", "text": "The simple answer is absolutely.  With the parameters you quote, if you will pay off the loan in 82 months or less, you will be ahead taking the variable rate. You have put your finger on the important question as well. The higher initial interest is buying insurance against rates rising if you don't pay off the loan within 82 months.  I suspect the contract loan term is much longer than that, because otherwise a variable rate does not make sense.  You need to assess whether the insurance you are buying is worth the premium.  You can look at what the formula for the variable rate would set the rate at today. It is probably somewhat higher than the 3.79%.  That will tell you how much rates have to rise to make the variable rate go above 5.02%. Note that if the loan term is around 160 months (and it could well be 180 months, 15 years) you can afford the interest to rise to about 6.2% for the last half and you will still be dollars ahead.  It could even rise higher if you discount expenses in the future.  You could also hope that if inflation rises to make interest rates rise like that you will get cost of living raises that make this easy to pay."}
{"_id": "114092", "title": "", "text": "I would also be getting out of the stock market if I noticed prices starting to fall and a crash possibly on the way. There are some good and quite simple techniques I would use to time the markets over the medium to long term. I have described some of them in the answer to this question of mine: What are some simple techniques used for Timing the Stock Market over the long term? You could use similar techniques in your investing. And in regards to back-testing DCA to Timing The Markets, I have done that too in my answer to the following question: Investing in low cost index fund \u2014 does the timing matter? Timing the Markets wins hand down. In regards to back-testing and the concerns Kent Anderson has brought up, when I back-test a trading strategy, if that strategy is successful, I then forward test it over a year or two to confirm the results. As with back-testing you can sometimes curve fit your criteria too much. By forward testing you are confirming that the strategy is robust over different market conditions. One strategy you can take when the market does start to fall is short selling, as mentioned by some already. I am now short selling using CFDs over the short to medium term as one of my more aggressive strategies. I have a longer term strategy where I do not short, but tighten my stop losses when the market starts to tank. Sometimes my positions will keep going up even though the market as a whole is heading down, and I can make an extra 5% to 10% on these positions before I get taken out. The rare position even continues going up during the whole downturn and when the market starts to recover. So I let the market decide when I get out and when I stay in, I leave my emotions out of it. The best thing you can do is have a written trading plan with all your criteria for getting into the market, your criteria for getting out of the market and your position sizing and risk management incorporated in the plan."}
{"_id": "114099", "title": "", "text": "The first step is to contact the company you are considering using as an administrator. Ask if they have a loan provision.  For what it's worth, I looked at Schwab, and it seems to indicate they do not offer loans against this type of 401(k). That doesn't mean no one does, just that you may need to look around."}
{"_id": "114102", "title": "", "text": "You can do that, you aren't missing anything. It is supposed to be punishment, but as you are moving to a European country your non-penalized income would likely be taxed higher as is. I don't have info on whether you will be taxed a second time by the European country."}
{"_id": "114155", "title": "", "text": "&gt;When you debate someone, in a forum or somewhere other than your armchair, I suggest you forget about trying to demand a opposite answer from someone as an answer to a question. Its not only childish, its really quite silly  When you post a statement as fact, you might want a single example to back it up, or at least admit you have none. *You* claimed that no empire purchased its own debt. Please back it up or admit you are wrong.  You said, and I quote: &gt;Show me some other great empire in history that managed to purchase its own debt.  You still have not listed an empire that did not purchase it's own debt."}
{"_id": "114165", "title": "", "text": "Yah...so the collapse of the housing market wiped out a generation of wealth in this country. Part of that was consumers signing onto toxic mortgages. The other part were banks willfully mischaracterizing toxic assets. So I get the argument we need less regulation , but your asshole cronies also were a huge part of why so many people lost everything. Now, because of a generational loss of wealth, student loan debt, and stagnant income, our society is forever changed. The gap between the rich and poor isn't sustainable. Now maybe regulation is part of why we haven't built pieces back. However, let's not forget that lies by banks were a big reason we are here. Most people have less than 1000 in savings and many, many people have lost all the equity in their home. Then, hedge funds bought up tons of real estate for dirt cheap and now charges rent. So, for most Americans, rentals and perpetual debt are the norm. So..i get it. We need smart regulation, but this asshat doesn't know what it's like for most of America. His industry keeps the economy going, but also fucked it beyond recognition."}
{"_id": "114171", "title": "", "text": "Nothing at the moment.  The last moron did a great deal of damage as he and his economic advisers came up with Zero Interest Rate Policy which amounts to monetary heroin addiction. The out of control equity inflation we see in the stock market is merely a symptom of the monumental destruction quietly and insidiously brought on by the heroin addiction.  Trump is merely the patsy and he knows it.   So he lies to the addicts just like they want him to."}
{"_id": "114182", "title": "", "text": "Answer all of their questions honestly and as accurately as you can, but don't stress too much about it.  If you don't know the answer to something, ask the insurance agent what it means; that's what they're there for.  (If you're doing this online, email the support, or the 'live chat' feature many of them have.  Or, don't do it online, if you feel better having an agent in person; nowadays, most of the major insurers are similar on price so it's not a massive savings to skip the agent.) As far as whether it's important to pick a specific insurer - that's really your call.  Read reviews, understanding that folks with bad experiences are more likely to write reviews than the 90% of folks who get no benefit from homeowner's insurance. You need to make the decision as to how important reputation and ease of claims process is versus price. That's why there are multiple insurers, after all - you can decide how important it is to you. It sounds like you would prefer a simpler claims process, so perhaps you should go with someone who is known for an easier claims process (understanding that no insurer is always going to agree with every claimant 100%)."}
{"_id": "114183", "title": "", "text": "Wesley Crusher &lt;cmdr.wes.crusher@gmail.com&gt; 6:55 PM (2 minutes ago)  to billg, david.gruber, steve, kline, Satya, solidwhiterook  Your failure to respond is an act of war against the federation.  https://www.reddit.com/r/business/comments/6gopwy/100bn_challenge/  Good luck with the DDOS attack I just launched against NickServ."}
{"_id": "114201", "title": "", "text": "The name as it indicates is a company which helps companies to find appropriate applicants for the position of executives. Every year there are numerous specifications for executives, in various companies. But the process of choosing becomes more difficult if the company straight tries to search for applicants through a standard marketing method."}
{"_id": "114214", "title": "", "text": "\"You can't short a stock unless there is someone willing and able to \"\"lend\"\" shares to you. And there are several reasons why that might not be the case. First, BSFT is a \"\"new\"\" stock, which means that NO ONE has held it very long. It's much easier to short IBM or Exxon Mobil, where there are some long-term holders who would like to earn a little extra money lending you THEIR shares. But if \"\"everyone\"\" involved is busy buying or selling the stock, there won't be many people to lend it. That's not manipulation, that's just the market. Another reason may be a large \"\"short\"\" interest. That is many OTHERS have shorted it before you. That's dangerous for you, because if some lenders want to pull their shares off the market, they can cause a \"\"short squeeze\"\" that will drive the price much higher.  And stock shortages can be orchestrated by the company or large investors to artificially drive the price higher. Unless you have a lot of experience, don't try shorting small cap stocks. Try to gain some experience with large caps like IBM or Exxon Mobil first. Those are stocks that people at least can't \"\"play games\"\" with. YOu will win or lose based on the market itself.\""}
{"_id": "114231", "title": "", "text": "\"You have to realize that you're trying to have your cake and eat it too.  You want to do things \"\"unofficially\"\" by not reporting the accident (to insurance companies and/or police), but you want to do it \"\"officially\"\" in that you want to have legal recourse if they try to hit you up for more money.  The only way to have it both ways is to trust the other person. From a financial perspective, ultimately you need to decide if the monetary cost of your raised insurance premiums, etc., outweighs the cost of whatever money the other party in the accident will try to squeeze out of you (factoring in the likelihood that they will do so).  You also would need to factor in the likelihood that, rather than trying to scam you, they'll pursue legal action against you. In short, from a purely monetary perspective, if the legitimate cost of repairs is $700 and the cost to you of doing it by the book via insurance is $2000, you should be willing to be scammed for up to $1300, because you'll still come out ahead.  Of course, there are psychological considerations, like whether someone unscrupulous enough to scam you will stop at $1300.  But those numbers are the baseline for whatever outcome calculations you want to do. On the more qualitative side of things, it is possible they're trying to scam you, but also possible they're just trying to hustle you into doing everything quickly without thinking about it.  They may not be trying to gouge you monetarily, they just want to pressure you so they get their money.  I agree with other answerers here that the ideal way would be for them to send you an actual bill after repairs are complete.  However, you could ask them to send you a written copy of the repair shop estimate, along with a written letter in which they state that they will consider payment of that amount to resolve the issue and won't pursue you further.  The legal strength of that is dubious, but at least you have some documentation that you didn't just try to stiff them.  If they won't give you some form of written documentation, I would read that as a red flag, bite the bullet, and contact your insurance company.\""}
{"_id": "114234", "title": "", "text": "\"Gross income is used because there are a lot of variables inherent in the calculation of a \"\"net income\"\", including a lot of things under your direct control that you could use to game the system. \"\"Net Income\"\", as others have inferred, is a very flexible term. For the average individual, the definition that would most easily come to mind is likely post-deduction, post-tax earnings; \"\"take-home pay\"\". It sounds reasonable, too, as the amount you take home each month can be easily demonstrated with your two most recent pay stubs (which you need to bring in anyway to verify gross earnings). However, even that simplistic definition is fraught with possibility. You have the ability to modify your pre-tax deductions, such as for retirement or healthcare, and that in turn affects your taxes and thus your net take-home pay. To assume that you won't do that is foolish for the loan officer. Other definitions of \"\"net income\"\", such as, in the case of shopping for a house, \"\"disposable income plus current rent\"\", are the result of even longer lists of deductions from gross pay. Many are also dependent on your current home; your electric bill is a function of the size, location and construction of your current home, all of which will change as soon as you move in. Your other bills, such as telecom (TV/phone/internet) are also more or less location-dependent, as even within a single city or metro area, your choice of services and service providers is dictated by the home's physical location. You may have to pay through the nose right now because your current home isn't serviced by anyone's fiber-optic network, while the home you're moving into could be in a hotly-contested area with access to multiple fiber-optic trunks. So, to simplify all this, mortgage companies simply ask for gross income, then apply a metric that makes relatively conservative assumptions about your spending habits to arrive at a final amount. The upside is simplicity, the downside being that two people both making $60,000/yr may have two completely different financial pictures behind that single number.\""}
{"_id": "114263", "title": "", "text": "I think they give away their shit for free (right?)  but if not... 100% true.  definitely going to be everywhere in China immediately... not even a debate.  people here who doubt this don't work in a Chinese company"}
{"_id": "114266", "title": "", "text": "Have you looked at 529 plan yet? There are tax benefits with it and you can roll over the remaining funds from your first child's account into your second child's, etc. Read this article to get yourself up to speed for this plan. Coverdell Education Savings Account is another plan you can look at. The Wikipedia article talks about the similarities and differences, so I won't repeat here."}
{"_id": "114273", "title": "", "text": "Because surprisingly few countries actually do the single payer system (i.e. only the government pays all medical bills). Many of the countries everywhere else have multipayer/multitiered systems that guarantee universal coverage. This is usually a combination of strong protections for preexisting conditions, individual mandates, and subsidies.   The goal is universal coverage, single payer is just a means."}
{"_id": "114289", "title": "", "text": "\"Mervis Diamond is voted as \"\"Best Place to Buy a Diamond\"\" by the readers of WashingtonPost.com. It is not a normal jewelry store. They specializes in diamond engagement rings and wedding bands, diamond studs, and much more. With their roots at diamond mines in South Africa, they maintain strong relationships and import all their own diamonds. Mervis has a reputation you can trust. For any budget, they will get you the biggest and most brilliant diamond possible, and save you some dollars in the process.\""}
{"_id": "114296", "title": "", "text": "\"You ask multiple question here.  The 401(k) - move it to an IRA. As others stated,this will lower your costs, and open up a potential I didn't see mentioned, the conversion to a Roth IRA. A year in which your income is lower than average is a great opportunity to convert a bit of the IRA enough to \"\"top off\"\" the lower bracket in which you may find yourself.  The company stock? If you never worked for the company would you have bought this stock? Would you buy it now? If not, why keep it?  The loan is the toughest decision. Will you sleep better if it were paid in full? What's the rate? 6% or more, I'd pay it off, under 4%, less likely. I'd invest much of the cash and the $8000 in stock in a Dilip-recommended VFINX, and use the dividends to pay the loan each month.\""}
{"_id": "114302", "title": "", "text": "\"Massachusets does no such thing. The 5.25% tax is only on realized gains. \"\"Unearned\"\" means \"\"doesn't tie to your trade/business\"\", i.e.: is not gained through your personal performance.\""}
{"_id": "114303", "title": "", "text": "what you aim to do is a great idea and it will work in your favor for a number of reasons. First, paying down your loan early will save you lots in interest, no brainer. Second, keeping the account open will improve your credit score by 1) increases the number of installment trade lines you have open, 2)adds to your positive payment history and 3) varies your credit mix. If your paid your car off you will see a DROP in your credit score because now you have one less trade line. To address other issues as far as credit scoring, it does not matter(much) for your score if you have a $1000 car loan or a $100,000 car loan. what matters is whether or not you pay on time, and what your balance is compared to the original loan amount. So the quicker you pay DOWN the loans or mortgages the better. Pay them down, not off! As far how the extra payments will report, one of two things will happen. Either they will report every month paid as agreed (most likely), or they wont report anything for a few years until your next payment is due(unlikely, this wont hurt you but wont help you either). Someone posted they would lower the amount you paid every month on your report and thus lower your score. This is not true. even if they reported you paid $1/ month the scoring calculations do not care. All they care is whether or not you're on time, and in your case you would be months AHEAD of time(even though your report cant reflect this fact either) HOWEVER, if you are applying for a mortgage the lower monthly payment WOULD affect you in the sense that now you qualify for a BIGGER loan because now your debt to income ratio has improved. People will argue to just pay it off and be debt free, however being debt free does NOT help your credit. And being that you own a home and a car you see the benefits of good credit. You can have a million dollars in the bank but you will be denied a loan if you have NO or bad credit.  Nothing wrong with living on cash, I've done it for years, but good luck trying to rent a car, or getting the best insurance rates, and ANYTHING in life with poor credit. Yeah it sucks but you have to play the game. I would not pay down do $1 though because like someone else said they may just close the account. Pay it down to 10 or 20 percent and you will see the most impact on your credit and invest the rest of your cash elsewhere."}
{"_id": "114304", "title": "", "text": "There's a primer on valuing community banks by oddball Stocks, an investor who specializes in that kind of stuff. I can't link it cause I'm on my phone, but just search it up on Google and I'm sure you'll find it."}
{"_id": "114305", "title": "", "text": "\"India allows partial convertibility of Rupee on account of \"\"Capital\"\". India is moving toward full convertibility in few years. An India can repatriate funds out of India to a limit of 50,000 USD per year [Needs confirmation] ... Consult a professional CA to advice you better.\""}
{"_id": "114306", "title": "", "text": "I'm aware of how credit cards work, in fact I basically said the same thing in my original comment.  &gt;because you get this nifty smartphone pluggable credit card swiper, you end up paying more than the alternate options. Granted I am in no way knowledgeable of the alternates (as in, mobile credit card machines?), but I assume they aren't as easy to set up.  -Square costs more -Other options aren't easy  I guess my inquiry should be more targeted towards how regular credit card transactions are processed in the mobile space.  Honestly I have no idea, and I assume that's why Square is popular.  I still see some places at the farmers market with the carbon copy slider thing, but then I also see some rocking what seems to be a regular credit card swiping gizmo.  Making 0% on a nonsale vs 90% on a square sale obviously makes sense, but I'm wondering if there's a less convenient, although more profitable sale (regular 97% Visa/MC) that people simply aren't aware of."}
{"_id": "114316", "title": "", "text": "Supplier of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak-Quality of Acidic Ramming mass is directly related to the heating performance of the furnaces. It gives furnaces the perfect lining and the quality of Silica Ramming mass if responsible for the smooth and flawless working of furnaces. It enhances the workability of the furnace and one can find more efficient output from furnace. Better quality of lining results in the smooth working of furnaces."}
{"_id": "114319", "title": "", "text": "It's done by Opening Auction (http://www.advfn.com/Help/the-opening-auction-68.html): The Opening Auction Between 07.50 and   a random time between 08.00 and   08.00.30, there will be called an auction period during which time,   limit and market orders are entered   and deleted on the order book. No   order execution takes place during   this period so it is possible that the   order book will become crossed. This   means that some buy and sell orders   may be at the same price and some buy   orders may be at higher prices than   some sell orders. At the end of the random start period,   the order book is frozen temporarily   and an order matching algorithm is   run. This calculates the price at   which the maximum volume of shares in   each security can be traded. All   orders that can be executed at this   price will be filled automatically,   subject to price and priorities. No   additional orders can be added or   deleted until the auction matching   process has been completed. The opening price for each stock will   be either a 'UT' price or, in the   event that there are no transactions   resulting form the auction, then the   first 'AT' trade will be used."}
{"_id": "114327", "title": "", "text": "&gt; corporate strategy vs. corporate finance vs business development?  Broadly speaking there are different functional roles (regardless of title) that are involved in:  - Financial Planning and Analysis (FPA).  Forecasting, variance analysis (demand, supply etc.), pricing strategy, etc.  Depending on your skill set, they can be viewed as basic excel work or more complex optimization problems.  - Strategic planning, M&amp;A.  Build or buy analysis.  Market analysis, etc.  This area is more on the capital allocation side in terms of whether or not a company should buy a competitor or build their own product line/service in a given area, geography, etc.  Investment banking backgrounds are helpful here.  - Communication.  There is a side of the business involved in presenting the company's business strategy to outside parties whether that be creditors or investors (stock holders).  The 'marcom / IR' (marketing communications, investor relations) side of the business involves presenting the company's strategy, forecast and results to outside parties.  This could also include the board of directors or senior management.  If you have a strong quantitative background at the engineering level, your ability to take differential equations and translate that to forecasting/econometric time series won't be difficult.  But for a lot of people that will be overkill and they only want basic Excel skills and understanding of finance/accounting."}
{"_id": "114354", "title": "", "text": "Your calc is spot on, the output is small because it's just 5 days worth of interest, and at today's low rates that's practically 0. Also the rate you would want to use is money market rates as that's typically where companies will park cash to earn interest since its a highly liquid market."}
{"_id": "114359", "title": "", "text": "Just out of curiosity, what if one of those CEOs told Warren Buffett to 'stick it' could Warren Buffett have them removed or would the CEO's board of directors or whatever mechanism the company has only have that right (I mean, not removal for cause, which I am sure is built in but for purely personal reasons)? Just wondering how autonomous some of these companies are because it seems like a handful of corporations own most of the others."}
{"_id": "114383", "title": "", "text": "\"Can't agree there.  He drives a modest car (Cadillac) that is a few years old, lives in a decent but not huge or fancy house, and really doesn't spend much on \"\"indulgences\"\".  To him, money seems to be more about the process of making it through business, than actually having or spending it.\""}
{"_id": "114384", "title": "", "text": "I guess when the world finds out your missile shield is little more effective than a sanitary napkin . .the tone changes . .damn  It seems obvious now that ISIS/ISIL or what ever they call them now days are funded and supported by the Israelis and Americans.   I think the giveaway was that the hardcore Islamic fundamentalist terrorists bent upon the destruction of Israel  could not find Israel from Syria."}
{"_id": "114417", "title": "", "text": "When I ran a gas station, our price was largely set by our neighbors-- the other gas stations in the area. We couldn't go below the current cost of replacement gas, but other than that we wanted to be at .05 over the average. (We got away with charging more because we were the last station on a major road.) Everybody else did the same thing. Also, we only set prices once a day, early in the morning before the commuter rush. Changing prices while somebody is pumping gas Was Not Done, for fairly obvious reasons. So, you'd get these ripples of price-changing, as one station changed its price, and then all its neighbors would react to that the next day, and then THEIR neighbors would change the day after that, and so on."}
{"_id": "114418", "title": "", "text": "\"In the United States tax law, a group of people who are neither an individual nor an incorporated entity is called \"\"partnership\"\".  Here's the IRS page on partnerships. Income derived by such a \"\"meetup.com\"\" group is essentially a partnership income with the group members being the partners. However, as you can see from the questions in the comments, the situation can become significantly more complex if this partnership is not managed properly.\""}
{"_id": "114423", "title": "", "text": "Well, one can easily have rates below -100%.  Suppose I start with $100, and end up with $9 after a year. What was my rate of return? It could be -91%, -181%, -218%, or -241%, or something else, depending on the compounding method.  We always have that the final amount equals the initial amount times a growth factor G, and we can express this using a rate r and a day count fraction T. In this case, we have T = 1, and B(T) = B(0) * 0.09, so: So, depending on how we compound, we have a rate of return of -91%, -181%, -218%, or -241%. This nicely illustrates that:"}
{"_id": "114426", "title": "", "text": "I don't understand why youre being downvoted. I thought the same thing, there is no way he can predict how the economy will behave in the coming years and if he wants to go on past performance there has been a general uptrend since 2009. (http://www.politifact.com/truth-o-meter/article/2012/jun/01/scorecard-economy-obama/)"}
{"_id": "114428", "title": "", "text": "If you have good credit, you already know the rate -- the bank has it posted in the window. If you don't have good credit, tell the loan officer your score. Don't have them run your credit until you know that you're interested in that bank. Running an application or prequal kicks off the sales process, which gets very annoying very quickly if you are dealing with multiple banks. A few pointers: You're looking for a plain vanilla 30 year loan, so avoid mortgage brokers -- they are just another middleman who is tacking on a cost. Brokers are great when you need more exotic loans. Always, always stay away from mortgage brokers (or inspectors or especially lawyers) recommended by realtors."}
{"_id": "114435", "title": "", "text": "An article linked from cnn.com has some great advice, which I think are good rules of thumb. Also, at least my insurance gives a premium price for those who haven't filed a claim in 5 or more years for homeowners or rental insurance. See if you have a similar discount, will loose it, and guess how much that will cost you over 5 years. My rule of thumb: Your premium might go up quite a bit, possibly as much as triple, especially for a large claim. But, it is certainly worth it if you are going to get more than triple your premium through your claim. The worst case: Mortgage mandated insurance, which will be about triple your current cost."}
{"_id": "114439", "title": "", "text": "You may simply be asking why stocks 'gap up' or 'gap down' when the stock market opens. This is because the price adjusts to news that occurred while the exchanges were closed overnight. Perhaps Asian stocks crashed, or perhaps a news story was released in the New York Times about some major company. There are thousands of factors that affect market sentiment, and the big gaps that happen at the open of every trading day is the price of the stocks catching up to those factors."}
{"_id": "114443", "title": "", "text": "I would be inclined to back the 'tip jar' weblink idea, this is very prolific within the Twitch community, as a method of tipping and thereby supporting content creators. I know that there are numerous tutorials on how to set up 'tip' sites for such usage, so that may point you in the right direction. Also you could turn to crowd-funding opportunities, such as Kickstarter and others, however I am not sure on the ruling of these companies and whether you have to offer the completed project as a reward for backers (it tends to be the done thing). And depending on how serious your friends are in helping you as a fledgeling indie developer, you could investigate in setting yourself up as a limited business. This would allow your supporters to purchase shares in your business, turning them into true stakeholders, but whilst retaining the limited status of the company. However, I must stress, on this point I know very little and may be wrong (I am actually hoping someone else contradicts this so I can learn)."}
{"_id": "114445", "title": "", "text": "The Nikkei 225 is a price-weight index composed of 225 of the leading companies that trade on the Tokyo Stock Exchange.Most good binary options platforms provide their customers with the opportunity to trade options that are linked to the Nikkei 225. Traders who are interested in trading such options should carefully consider the nature of the Japanese stock market by studying how it is affected by \u2013 and has an effect on \u2013 the US economy and the US markets."}
{"_id": "114450", "title": "", "text": "I mean that's if it correlates. Placing it in the title does imply that I guess.  As for the daily swings, like any stock, [SBUX has a strong correlation to the market](http://i.imgur.com/Ksl5vF3.png). The market is up today, Starbucks isn't.   Why would it be down today than? Just totally arbitrary daily swing up and down reasons?  I don't see the stock going down because of the NYT article that was produced yesterday, I see it down today because of the scheduling changes they made today. I could be wrong surely investors believe that there is a correlation between scheduling software and margins at the end of the day."}
{"_id": "114452", "title": "", "text": "That's really high for short term debt. Do some research, short term is lower risk generally so rates are low. I'm not gonna waste my time but it would have to be real junk to pay close to that high."}
{"_id": "114458", "title": "", "text": "You don't. Say you deposited $5000. Then you converted $4950 to Roth. You declare $4950 as the amount converted and you're done."}
{"_id": "114466", "title": "", "text": "What the BBB label tells me as a consumer is the company will be willing to work with me if there is a dispute.  The rating then tells me how good they are at resolving complaints.  Raw number of complaints is less important, because you kind of expect bigger companies to have more complaints."}
{"_id": "114477", "title": "", "text": "Isn't this really the same as the adoption curve for any new personal technology, though? It starts off being the sole province of a handful of fairly-well-off nerds who don't mind wasting their time on something that may end up being a technological dead end, then becomes a high-end rich person's thing once it's proven useful or enjoyable, then as the market expands, it gets cheap enough to benefit everyone.  Think of it from the point of view of the people or companies producing the enhancements. Production will get cheaper over time (possibly going close to zero if the enhancements are stuff like retroviruses) and there's usually way more money to be made in high-volume sales than in boutique products if the costs of production are low.  I think the history of technology over the past century says it's pretty likely these kinds of enhancements will go down in price enough to be affordable by millions before the kinds of social problems you're talking about have time to emerge. Rich people and enhancement hackers will always be at the far end of the curve, but they won't be alone on the curve, and anyway, _someone_ has to be trying out the new stuff before it's ready for mass consumption."}
{"_id": "114494", "title": "", "text": "I would try to avoid mixing business expenditure with personal expenditure so a second credit card might be a good idea. That said, I did get a business credit card for my company in the UK as I didn't want to be personally liable for the money that was spent on the business card (even though I owned 100% of the business) in case things went horribly wrong. As I didn't fancy signing a personal guarantee, this meant that the limit was quite low but it was good enough in most cases."}
{"_id": "114497", "title": "", "text": "They just let you borrow a little more every months. When the owner dies/sells they get all their money + % back."}
{"_id": "114502", "title": "", "text": "Engines also need the right attention to work healthily. Every now and then, they as for checkups and to keep them in good running condition, it is necessary to give them some regular maintenance. Keep these tips in your mind to let your engine run better and last longer, at the same time save you from spending unnecessary money later."}
{"_id": "114520", "title": "", "text": "\"First, you don't state where you are and this is a rather global site.  There are people from Canada, US, and many other countries here so \"\"mutual funds\"\" that mean one thing to you may be a bit different for someone in a foreign country for one point.  Thanks for stating that point in a tag. Second, mutual funds are merely a type of investment vehicle, there is something to be said for what is in the fund which could be an investment company, trust or a few other possibilities.  Within North America there are money market mutual funds, bond mutual funds, stock mutual funds, mutual funds of other mutual funds and funds that are a combination of any and all of the former choices.  Thus, something like a money market mutual fund would be low risk but quite likely low return as well.  Short-term bond funds would bring up the risk a tick though this depends on how you handle the volatility of the fund's NAV changing.  There is also something to be said for open-end, ETF and closed-end funds that are a few types to consider as well. Third, taxes are something not even mentioned here which could impact which kinds of funds make sense as some funds may invest in instruments with favorable tax-treatment. Aside from funds, I'd look at CDs and Treasuries would be my suggestion.  With a rather short time frame, stocks could be quite dangerous to my mind. I'd only suggest stocks if you are investing for at least 5 years.  In 2 years there is a lot that can happen with stocks where if you look at history there was a record of stocks going down about 1 in every 4 years on average.  Something to consider is what kind of downside would you accept here?  Are you OK if what you save gets cut in half?  This is what can happen with some growth funds in the short-term which is what a 2 year time horizon looks like.  If you do with a stock mutual fund, it would be a gamble to my mind.  Don't forget that if the fund goes down 10% and then comes up 10%, you're still down 1% since the down will take more.\""}
{"_id": "114527", "title": "", "text": "Context: assessed project as part of a tech internship in an investment bank, working in small groups, task: to design an app using a financial solution that has an ethical impact.  We came up with (what I hope) is the smart sounding idea of an app for impoverished farmers in developing countries who lack the information and market access that larger or unionised farmers would have. The app would use some kind of decision tree (which may grow with machine learning) to assess the best kind of crops to grow given the region and local conditions for max profitability, and would provide access to some kind of derivatives market, and insurance, allowing the farmers a consistent income.  Struggling with the specifics of how the business/finance side of things would work. Let's assume the bank builds the app and puts it on the app-store as part of some charitable initiative. 1) Would the farmers go directly to the bank to price and purchase derivatives on their crops? 2) Options/futures/forwards - which is most appropriate, or would it make sense to offer all three? 3) Is there any way this could be adjusted to provide regular payments, with a lump sum at the end? Would this be something the bank chooses to do, or is there an existing financial instrument for this kind of setup? 4) How does this tie in with the commodities markets (or is that what the derivatives already are?) 5) Probably a long-shot but any chance of know-your-customer implementations for countries with terrible infrastructure?  6) (probably a dumb question) Say the farmer sells an option on his crops, would this be sold directly to the bank or a 3rd party who'd be more interested in actually buying the crop? Or is this a far too simplistic view? Basically who would the farmer actually deliver the crops to? 7) Any other issues/oversights? Any ideas to make this sound somewhat viable?  It doesn't have to strictly be realistic in any sense, but it also can't be flat-out incorrect!  tyvm in advance, edited to make questions clearer"}
{"_id": "114534", "title": "", "text": "Yeah this is what I don't understand. All these business mags are so hyped about this developing market but as it stands the only one in use is my stepdad's and all he does is use it to ask the weather and crack jokes to show it off to people."}
{"_id": "114541", "title": "", "text": "We broke up all those guys. And if you look at the numbers they are in many ways. They paid a largest percent of profits to their workers than most companies do today if you take away the money spent on the CEO and top talent. The average person makes less because corporate thought has deemed employees pay the same as every other business expense when in the past they were considered differently."}
{"_id": "114543", "title": "", "text": "\"Two things.  1.  You can sue anyone for anything.  You may not win, but you can sue for any reason.  2.  You're confusing trademark and copyright.  Copyright inheres at the moment of creation.  You don't have to file a copyright to have it be enforceable.  Trademark is a little trickier, but is for the protection of the consumer and use of a mark is part of what creates its value and the ability to defend it.  However, you cannot copyright nor trademark ideas.  Copyrights must be \"\"reduced to practice.\"\"  Broadly speaking, that means you have to have done something to create it, not just think about it.  And trademark doesn't apply here.    He could file for a patent, but that would need to have a specific filing and often takes a fairly significant amount of time in which case it's defensible even when some guy copies you.  In short, guy is a moron.\""}
{"_id": "114546", "title": "", "text": "Within the U.K., Third Party Resellers establish warehouses in the UK, but orders are placed overseas, and Amazon is not required to collect Value Added Tax on behalf of allegedly foreign owned resellers which rely on Amazon to sell items.  Amazon also evades the payment of tax by routing all sales through Luxembourg which, thanks to Jean Claude Juncker of the EU when Prime Minister of Luxembourg negotiated a generous tax sweetheart deal for multi national corporations (incl Amazon) to establish their base in Luxembourg."}
{"_id": "114549", "title": "", "text": "Doesn't make any sense, it's just an article for the author to feel like he's a superior strategist to Kohl's leadership &amp; primarily rant about how crappy Amazon treats its 'partners'.    However if we accept the examples as fully true, none are relevant.  Kohl's isn't at all making itself dependent on Amazon, they're not giving up their control of their e-commerce site, or giving up any control for that matter.  So please tell me how his history lessons apply.    Unclear of the strategic initiatives? Really?  I don't need an MBA to realize, ignoring AWS is probably compensating Kohl's for the moment, that there's plenty.  One, it brings in more foot traffic to the store, some of which may have never stepped into a Kohl's in favor of their usual department store that competes with Kohls.    Two, it has the potential to increase repeat visits from their existing customers who may need to return a package and hey kohl's takes that too, might as well take a glance while I'm there.    Three, it increases their product assortment in Kohl's stores without incurring all the operational/logistic costs of adding new product lines.  That's called free money off the margins.    These are the kinds of deals that should be lauded; mutually beneficial partnerships between businesses that end up adding more value to the customer.  Amazon gets to increase the customer experience by starting to address one of the biggest pains with e-commerce in general: the burdensome process to return something you order online.    It's a great idea, and I'm sure they'll partner with other big retailers as well.  That doesn't hurt Kohl's, at worst as it expands, the positive impact won't be as great because customers will have more options.   no harm done.    It's also naive to think Kohl's isn't getting compensated whether it's a marginal thing or some fixed contractual amount Amazon pays to Kohl's or at the minimum, covering all of the involved logistic costs Kohl's incurs to do this.    Ugh, I just hate blowhards who want to pour gasoline on anything that irritates them from preconceived biases."}
{"_id": "114559", "title": "", "text": "\"My wife and I use to file \"\"married file separately\"\".  I consulted a tax accountant and it does not matter who's name the accounts are under.  The interest from the accounts can be counted as income on either person's tax return regardless of whose name is on the account.  You can even split the interest income between the returns if that is advantageous.  This is true for any income earned between the two of you. It use to be a big hassle to file this way even using the software programs.  The programs would not attempt to allocate the income between the tax returns in order to minimize my tax liability.  I had to do this manually.  Most of the loopholes have been closed and the last couple of years I've filed \"\"married filed jointly\"\". I'm not sure how your wife's citizenship status affects any of this.\""}
{"_id": "114576", "title": "", "text": "\"Anything by Frank Fabozzi - the de facto authority on financial education.  Most of the stuff will be textbook ($$$) so get ready for sticker shock.  Hopefully you can find a used copy of something.  Quick search on Amazon yielded \"\"The Basics of Finance\"\" for about $150.\""}
{"_id": "114592", "title": "", "text": "The best approach depends on how much of an emergency fund you have. If you have no emergency fund Calculate how much you need in order to pay your expenses for 1 month and put at least that amount in a savings account.  3-6 months' worth of expenses is better.  Put the remainder towards one credit card. If you have less than 3 months' worth of expenses in your emergency fund Deposit 1 additional month's worth of expenses into your savings account and apply the rest to one card. If you have an emergency fund that you're completely comfortable with Pay $8000 towards one card and $2000 towards the other one.  Paying off one card fully gets rid of a bill that you have to think about each month, even if the two cards are otherwise identical."}
{"_id": "114596", "title": "", "text": "Specifically, many people found out they lost their job because their pass would to open the gate to get in to their office building. These people were then diverted to a separate queue, and at the front of that was someone from HR telling them that they were no longer needed."}
{"_id": "114599", "title": "", "text": "You can try SplashMoney. It works on many platforms, including iPhone, iPod and Mac, but also Palm OS, Android, Blackberry and windows. I've been using it \u2014since more than two years now\u2014 with my old Palm OS PDA and it works great. As I work mainly with Linux, I've tested very few times its synchronization with its desktop companion running on windows."}
{"_id": "114615", "title": "", "text": "\"Someone has made such an app.  It's called Arcade City.  See https://arcade.city/    There are a few other similar projects in the cryptocurrency world, that connect buyers and sellers directly in a \"\"gig economy\"\" marketplace and allow payment in crypto.  User ratings and reviews are central to the model.\""}
{"_id": "114624", "title": "", "text": "Fx Pip partnership Limited is a reliable trading signal and consultancy provider with many years of experience and significant success in the field of investments. All the members of the team, utilizing in the best way their scientific background and their excellent professionalism, achieve the best results. The Fx Pip Signal which has at its disposal its Research and Development department, has an aim to offer the international community of traders, the most reliable solution to the most difficult daily questions, such as: which product do we buy and which do we sell, at what price do we enter the market and at what price do we exit? The employees have a long term experience in the international foreign exchange industry, which gives them the edge of competitiveness and professionalism. We guarantee independency at the selection of online trading options. The only obligation of fxpipsignal.com is to you, our customer. An ongoing training of our employee(s) is a priority, to have good knowledge and to meet your needs.  Fx Pip Signal provides signals of major currency pairs as EUR/USD, GBP/USD, USD/JPY  USD/CHF. It provides signals which suits almost all the market around the world.It has four packages named Trial, Standard, Premium, Premium Plus. It has well organised support team to provide 24/7 live support and forex consultancy to gain meaningful profit. It believes in transperancy , relaibility and accuracy. All the signals are provided in a flexible way so that the subscribers can easily execute them and their desire profit. Fx Pip Signal is available in almost all the countries of the world. It provides signals via sms, email and updated in the website."}
{"_id": "114641", "title": "", "text": "On a more serious note, I thought the major sub-reddits had a delay between the new page and the front page, to give the Knights of New some time to act.  Looks like that setting got knocked offline yesterday... (eg. can someone go fix it please?)"}
{"_id": "114643", "title": "", "text": "I was once the personal assistant to two wealthy NYC sisters. They did not pay for anything. For example, if we were riding the subway, I would pay, and be reimbursed by the Company. They had multiple residences and investment properties. Each property was purchased through a separate Limited Liablity Corporation, and paid for by the Company. When they purchased, donated or sold art, it was through their family Foundation. Their income primarily came from a draw of funds from the family estate, although one of them worked as an architect, which provided further income."}
{"_id": "114679", "title": "", "text": "Assuming neither one charges a fee and you are talking about automated non-cash, non-check transactions: Withdrawal is slightly better if you are 100% sure you have the money (or better yet, twice the money) to cover it.  It puts more incentive on the bank that is responsible for the act to do it correctly, because they will then be the bank holding the money.  It also creates an added check because there is no possibility of having an error in transfer information result in sending your money to the wrong account.  (This is unlikely anyway, but not impossible depending on the bank and interface). Deposit may be slightly better if you are not, or if you are concerned about technical foul-ups at the bank.  Depending on the bank, a deposit with insufficient funds may be cancelled rather than going through and then being cancelled, which could result in various banking fees (returned item fees, overdraft fees, etc...).   If there is a technical foul-up during a withdrawal, you run the risk of having banks get confused--I know of a case where it took a major bank months to fix a withdrawal transaction that was denied the second time when they activated it twice, but the account balance mistakenly showed an extra thousand dollars for the duration."}
{"_id": "114681", "title": "", "text": "\"No what he is saying is, \"\"If Obama wins, you will lose your job, so it is in your best interest to vote against Obama.\"\" I hope his employees call his bluff and vote for who they feel will do the best for them, not be bullied into voting against the candidate their CEO is against.  To justify mass layoffs requires actual decreases in the companies revenue and their bottom line, not a decrease in the number of yachts the ceo could possibly buy.\""}
{"_id": "114694", "title": "", "text": "What if patents were kept a secret for, say, the first year or more? Then, if anyone was able to duplicate the patent once seen in the wild without the recipe within that timeframe the patent becomes void.  The whole purpose of the patent system was to bring difficult ideas out of being trade secrets and into the public's hands for their benefit with the offer of exclusivity for some time to keep the exchange fair.  If anyone can duplicate one-click without any hand-holding just by using Amazon.com once or twice, there was nothing to be gained from the patent in the first place. It should have remained a trade secret."}
{"_id": "114720", "title": "", "text": "Thank you Randomness\\_incarnate for voting on I\\_am\\_a\\_haiku\\_bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "114721", "title": "", "text": "you don't have move across the country. just to the nearest city. that's bull tho. anyone can make it happen if they try. and if not, too bad. some people in africa are born sick and die on a rock with a bear eating them."}
{"_id": "114746", "title": "", "text": "The care itself is among the best, but the accessibility is poor compared to other similar countries, which is taken into consideration in all these studies and analyses. It seems to be hard to have both,  but we should try to get as close as possible to it."}
{"_id": "114752", "title": "", "text": "North Star Direct provides great outsourcing call centre services. We help to save your productive resources, business operating cost and valuable time. By working with us many small scale businesses have been transformed into giant empires."}
{"_id": "114768", "title": "", "text": "\"I pretty much only use my checking. What's the downside? Checking accounts don't pay as much interest as savings account. Oh, but wait, interest rates have been zero for nearly 10 years. So there is very little benefit to keeping money in my savings account. In fact, I had two savings accounts, and Well Fargo closed one of them because I hadn't used it in years. Downsides of savings accounts: You are limited to 5 transfers per month into or out of them. No such limit with checking. Upsides of savings accounts: Well, maybe you will be less likely to spend the money. Why don't you just have your pay go into your checking and then just transfer \"\"extra money\"\" out of it, rather than the reverse? If you want to put money \"\"away\"\" so that you save it, assuming you're in the U.S.A., open a traditional IRA. Max deposit of $5500/year, and it reduces your taxable income. It's not a bad idea to have a separate account that you don't touch except for in an emergency. But, for me, the direction of flow is from work, to checking, to savings.\""}
{"_id": "114791", "title": "", "text": "You know they take liberties to prove their points.  For example, the Federal budget year runs from september to October.  When Obama was elected, they use this to move the $800 billion stimulus under Bush because it was still Bush's fiscal year. However, Bush' $600 billionTARP program was repaid by the banks two years later.  The repayment was put under Obama.  The result was to move $1.4 trillion in obama spending to Bush.    Most of this economic improvement is because of the Fed.  Democratic presidents don't do anything except inhibit the economy from growth.    Obama has followed this trend.  We should be doing 23 times better than the 2008-2009 recession by now, but we are at only 11 times.  Obama thinks helping the environment with higher energy prices and converting 1/6 the of the economy to government healthcare are more important to economic growth."}
{"_id": "114806", "title": "", "text": "Your reaction to bad news is the greatest risk. Are you going to panic and pull all your money out when the market falls 20%? It will. Someday it will. The question is, will you have the stomach to stay the course and keep your money invested when the sky is falling and everyone is screaming that things are definitely going to get worse? If not, the timing of when you invest will matter not at all. My advice: Go all in ASAP. Remember that you don't care where the market is in 2 years. You're in your mid 40's, you care where the market is in 20 years. And 20 years from now, when you're in your mid 60's, you'll be caring about where the market is even further into the future."}
{"_id": "114814", "title": "", "text": "The vast majority of individual taxpayers in the United States operate on a cash basis of accounting. This means that the assignment of deductions or income to tax year is based on the date of the paycheck.  So the money in that early January 2016 paycheck has been correctly assigned to the 2016 tax year. This is unfortunate for you because you will receive a W-2 for 2016 showing that you had a retirement account. Knowing exactly how many paychecks there are in a year can be very import to know when trying the reach or avoid some thresholds. Even quitting the previous pay period might not have helped. I have seen some companies payout unused vacation, sick and severance over several paychecks. They didn't give you it all in one lump sum, they did it 80 hours a paycheck until the balance owed to the employee was zero."}
{"_id": "114822", "title": "", "text": "\"Isn't this effectively saying that the market responds principally to itself, and not to either economic fundamentals, or the profitability of the underlying companies.  If so, the market as a \"\"price discovery mechanism\"\" is broken, and investors would be wise to do their own research.\""}
{"_id": "114824", "title": "", "text": "Well you have three main options in my opinion. For cash, or any assets you can convert to cash, you could purchase bonds with a maturity date close to what you are looking to lock your funds up for. While you could sell these on a secondary market, admittedly - however you have a justification you can provide to yourself as to why you cannot sell them. Fixed term deposits often have poor interest rates, but if you ask to withdraw your money early you often forfeit all of the interest you would have gained. While your money would not be locked up, it keeps it further out of your reach, just like bonds. Every step further away from your bank account the funds get, the less likely you are to surrender to giving away money that is rightfully yours. It comes with the added advantage of typically high-returns. Trust funds can be set up with anyone as the beneficiary, and provide legal barriers so long as the beneficiary isn't also the executor. While it can be expensive to do so, you could hire a lawyer who specialises in estate law to set up a trust fund you are the beneficiary of, which has stipulations as to how and when assets can be released. I didn't include this as one of the main three, because it doesn't allow you to specify exactly when funds are released to you, but in many countries (including the US) you have special tax advantaged retirement accounts, where funds are locked away until you retire. However, it is unfortunate you even need to think about this. Another thing to consider is that if people start pressuring you for money, you should cut them out of your life."}
{"_id": "114829", "title": "", "text": "Well, you might take a minor hit to your credit score. This is snapshot of my credit utilization written for an article on my site. The point there was that zero card use actually dinged the score, but for you, going over the 20% level is the risk. It's not too large a hit, depending how high the utilization goes. I'd not lose sleep over it. Kind of you to help."}
{"_id": "114834", "title": "", "text": "\"I agree with the answer by @Michael that this number doesn't exist.  It's hard to see what use it would have and it would be difficult to track. I'm writing a separate answer because I also disagree with the premise of your question:  Individual shares of stock have never to my knowledge had such a number.  Your comment about numbers on stock certificates identifies the certificate document, which will generally represent multiple shares of stock.  That number no more identifies a single share of stock than the serial number on a $10 bill identifies any one of the ten dollars it represents.  Even at the \"\"collective\"\" unit of $10, when the bill is eventually replaced with a new one, the new bill has a new number.  No continuity.\""}
{"_id": "114835", "title": "", "text": "If you are being paid money in exchange for services that you are providing to your cousin, then that is income, are legally you are required to declare it as self-employment income, and pay taxes when you file your tax return (and if you have a significant amount of self-employment income, you're supposed make payments every quarter of your estimated tax liability. The deposit itself will not be taxed, however."}
{"_id": "114849", "title": "", "text": "This depends on the loan calculation methodology. If it is on reducing balance then yes. Else not much difference"}
{"_id": "114852", "title": "", "text": "1. Where is Commonwealth of the Northern Mariana Islands (CNMI), United States of America (USA)? Where is Territory of Guam, USA?      (a) http://chamorrobible.org/images/chamorrobibleproject/map-west-pacific-islands-1998.jpg       (b) http://chamorrobible.org/images/chamorrobibleproject/map-commonwealth-of-the-northern-mariana-islands-1989.jpg      (c) http://chamorrobible.org/images/chamorrobibleproject/map-guam-1991.jpg      (d) http://chamorrobible.org/images/chamorrobibleproject/map-federated-states-of-micronesia-1999.jpg      (e) http://chamorrobible.org/images/chamorrobibleproject/map-oceania-2002.jpg      (f) Commonwealth of the Northern Mariana Islands, USA, photographed from outer space: http://chamorrobible.org/gpw/gpw-20040622.htm      (g) Guam, USA, photographed from outer space on 30 December 2011: [4014 x 6021 pixels](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-huge.jpg) ... additional resolutions at http://chamorrobible.org/gpw/gpw-201304.htm      Source for #1: http://chamorrobible.org  2. https://www.reddit.com/r/worldpolitics/comments/6nnhnl/one_of_just_17_remaining_colonies_worldwide_guam/dkasdpl"}
{"_id": "114857", "title": "", "text": "The cap loss can be used to offset future gains or $3000/yr of ordinary income. (I just used up the last of mine from the dot com bubble.) I hope you have future gains that let you use this up quickly.  The IRS debt is separate, and I don't imagine they'll let you use any of the loss to offset it. As always, it can't hurt to ask. Their normal payment plans are for 5 years. $40k/yr is a lot.  Edit - The IRS does negotiate. I recall, from the dot-com bubble, instances where someone exercised stock grants, but kept the shares. Now, they had a $1M gain, but after year end, the stock crashed. They owed tax on that gain, but the loss was in the next tax year, with nothing to offset. These people were 'regular' guys and gals, no background in finance. I understand the IRS looked at these people and made some exceptions."}
{"_id": "114872", "title": "", "text": "\"Technically, no. There is very little security in the US for bank drafts. With your bank account routing number it is very easy for people to draw funds without your authorization. Another thing people can do is buy stuff online with \"\"demand drafts\"\". Essentially it works like a credit card number where the create an electronic version of a check to purchase things. There is generally no password, PIN or signature requirement. That said, it is printed on every check you write so keeping it private isn't really practical. I'd make sure you trust anyone you give it to and watch your account statements closely. An important thing to know is that a routing number isn't a one-way deal. If you give out the number for someone to wire you money, they can just as easily draft on the account.\""}
{"_id": "114875", "title": "", "text": "Yes, the distinction between how your funds are applied to principal vs interest is very important. The interest amount charged each period (probably monthly) is not just one fixed sum calculated at the origination, but rather is a dynamically calculated amount that changes each period relative to how much principal is remaining (amount you owe).  The picture you posted showing principal and interest assumes the payer always paid their minimum payment and never made any extra payments of principal. Take a look at the following graph and play around with the extra payment fields. You will see some pretty drastic differences in the Total Interest Paid (green lines) when extra payments are made.  http://mortgagevista.com/#m=2&a=240000&b=4.5&c=30y&e=200&f=1/2020&g=10000&h=1/2025&G&H&J&M&N&P&n&o&p&q&x"}
{"_id": "114882", "title": "", "text": "\"In my decade with this company, I have never witnessed nor heard of times where our HR department has dealt with anything resembling points 2 - 4, these tasks are all pushed on to employees as \"\"projects\"\"\""}
{"_id": "114886", "title": "", "text": "You probably can get away with only updating the exchange rates once a day and specify that any prices quoted in units other than your home currency are estimates only. If you're planning to accept more than one currency as payment, I'd (a) see about whatever regulations there are for doing so, and (b) build in a nice spread for yourself if you're allowed to, since it is a service you're providing to your customers.  If you Google currency converter the first result is just that: a currency converter."}
{"_id": "114888", "title": "", "text": "Thanks, I will try post more in the future.  I actually said you can make money if you know what your doing the refurbished products not counterfeit.   I don't deal in counterfeit goods at all. As an owner of several (extremely small) trademarks i think trademark infringement of goods is just not on and i wouldn't support it.  Thanks"}
{"_id": "114898", "title": "", "text": "Yes, but your point doesn't really convince me - I don't believe that Andersen split into two for that reason a decade before everyone else and then failed to IPO for 12 years- and if the Andersen partners at the time stood to make money, why would they enter into direct competition before the IPO?  I don't know what you call an MD at Accenture, as that's not actually a career level. I'm not in the US but Accenture partners certainly make rather more than 250k here.   I know for sure that EY and Accenture are quite comparable on non-exec salary levels, at least in my market, as I know a few people who have switched between Accenture and EY without massive increases in salary. They do seem happier with the work at Big4 companies though ;)"}
{"_id": "114900", "title": "", "text": "For an American it nearly impossible to open a Swiss bank account. Even a Swiss person want to open a bank account, we have to fill out a document, which asks us if we have a greencard or other relationships with the united states. Some Swiss banks have transferred the money of Americans to Singapore to protect their clients. So you see, the Swiss banks do very much for their clients. And yes, we don't ask very much about money ;) And we are a politically neutral country, but we like the United States more than Russia and of course we have enemies, like the ISIS"}
{"_id": "114906", "title": "", "text": "There often is.  And that's a problem often not faced when these *same users* pick up an Android or Apple-based OS device.  These users (often Boomers) just want something to work, and wonder why things don't work as easily in Microsoft environments as they do in Apple or Android environments--same users!  If Microsoft continues to alienate those users, they'll simply move to Apple/Android.  Oops--too late--many already have.  Microsoft may not survive this latest blunder, particularly not in their current, disconnected, bloated form."}
{"_id": "114908", "title": "", "text": "There are many good brokers available in the market and many spammers too. Personally I have been associated with FXCM since 2001 and have never faced any problem. But everyone has their own personal choice and I recommend you to make your own. But the question is how to find out which broker is a good broker and would provide you with a timely and reliable service? Online google check? Not really. There is so much competition between brokerage firms that they keep writing rubbish about each other on blogs and websites. Best thing is to is check with regulator's website. For US: NFA is a regulator for all forex firms. Information about any regulated forex firm could be found here. http://www.nfa.futures.org/basicnet/welcome.aspx For UK: Its FSA. Information on all regulated Uk based firm could be found here. http://www.fsa.gov.uk/register/firmSearchForm.do Remember in many countries its not compulsory for a forex firm to be regulated but being regulated ensure that the govt. has a watch on the operations of the firm. Also most of the firms out there provide accounts for large as well as small traders so there is nothing much to look for even if you are a small trader. Do keep in mind that if you are a US Citizen you are restricted by the US Govt. to trade only with a broker within US. You are not allowed to trade with any brokerage firm that is based outside the country. Forex Trading involves a significant amount of risk make sure you study the markets well and get yourself educated properly before risking your money. While I have made a lot of money trading forex I have seen a lot of people loosing everything. Please understand the risk and please make sure you only trade with the money which you can afford to loose."}
{"_id": "114912", "title": "", "text": "The simplest explanation is that a traditional IRA is a method of deferring taxes. That is, normally you pay taxes on money you earn at the ordinary rate then invest the rest and only pay the capital gains rate.  However, with a traditional IRA you don't pay taxes on the money when you earn it, you defer the payment of those taxes until you retire. So in the end it ends up being treated the same. That said, if you are strategic about it you can wind up paying less taxes with this type of account."}
{"_id": "114960", "title": "", "text": "\"Google just spammed me on their own product. I got an email (in Gmail) to probe me about using their calendar application. Seemed very un-Google like.  The pointless Youtube and Google Photos notifications have gotten out of control as well.   I know they lost the \"\"do no evil\"\" thing ages ago but now their products and resorting to super cheap transparent gimmicks to try and drum up more usage.\""}
{"_id": "114961", "title": "", "text": "\"1) Don't leave anything off your CV, get a little job. 2) Upload it. It helps to know that you have done certain modules without fucking them up. 3) Turn any question (including this one) into a dialogue. \"\"I was always aware of JP as a company, but I really got more of an insight when I was studying them for my final project ...\"\" 4) LEVERAGE THE FUCK OUT OF YOUR DIVERSITY! The majority of the applicants are white males and these large companies have diversity initiatives which they have to meet. You are doing yourself a huge disservice if you do not mention your background on those forms. 5) Launguages are a great skill so make sure it is on your CV clearly near the start. You should keep your name AND include your full name on the CV. The bad press Muslims get is not going to affect you negatively.  You will not be discriminated against in the way that you think. Everyone who I know who works at JP is Nigerian. When was the last time you read a nice news article about Nigeria?\""}
{"_id": "114964", "title": "", "text": "Did you ever think that maybe they only treated you like that because you are actually garbage? Like come on, if a dog comes up to me, I will pet it like a dog, and if you came up to me, I would treat you like garbage, because that's what you are.  Garbage."}
{"_id": "114968", "title": "", "text": "Someone on twitter (I'm forgetting who, but not just a random person) upon seeing Apple drop it said that we'd be 5 years away from self-driving cars for the next 50 years. Thought it was a ridiculous response considering Apple clearly hasn't been committed to this. Not to mention all the plans car manufacturers have and all the progress Google has made."}
{"_id": "114979", "title": "", "text": "To play devil\u2019s advocate to much of what has been written before, it's also worth noting that this is quite an important quote for a sort of reverse reason to what has been discussed before us, that of that fact that virtually every economic situation is different. As it's such a reflexive problem, each and every set of exact circumstances is always different from before. Technology radically changes, monetary policy and economic thinking shift, social needs and market expectations change and thus change the very fabric of markets as they do. It's only in its most basic miss projections of growth that economics repeats, and much like warfare, has constant shifts that radically change the core assumptions about it and do create completely new circumstances that we have to struggle to deal with predicting. People betting on the endless large scale mechanised warfare between western powers continuing post nuclear weapons would have been very, very wrong for example. That time it actually was different, and this actually happens with surprisingly often in finance in ways people quickly bury in the memories and adopt to the new norm. Remember when public ownership of stock wasn't a thing? When bonds didn't exist? No mortgages? Pre insurance? These are all inventions and changes that did change the world forever and were genuinely different and have been ever since, creating huge structural changes in economies, growth rates and societies interactions.  As the endless aim of the game is predicting growth well, we often see people/groups over extend on one new thing, and/or under extend on another as they struggle to model these shifts and step changes.  Talking as if the fact that people do this consistently as if it is some kind of obvious thing we can easily learn from (or easily take advantage of) in the context of such a vague and complex problem could be argued to be highly na\u00efve and largely useless. This time it is different. Last time it was too."}
{"_id": "114981", "title": "", "text": "\"Is there anyway to salvage my investment for short-term? No.  If by \"\"salvage\"\" you mean \"\"get back as much as you paid\"\", the only way to salvage it is to wait as long as you consider \"\"short-term\"\" and see if goes up again.  If by \"\"salvage\"\" you mean \"\"get some money back\"\", the only thing you can do to guarantee that is sell it now.  By doing so, you guarantee that you will get neither more nor less than it is worth right now.  Either way, there is nothing you can do other than sell the stock or hold it.  The stock price went down.  You can't make it go back up. Would it be better if I sell my stocks now and buy from other company? Or should I just wait for it's price to go up again? This depends on why you bought the stock, and what you think it will do in the future.  You said a family member persuaded you.  Does that family member still think the stock will go up again?  If so, do you still trust them? You didn't even say what stock it is in your question, so there's no way anyone here can tell you whether it's a good idea to sell it or not.  Even if you do say what stock it is, all anyone can do is guess.  If you want, you could look the stock up on Motley Fool or other sites to see if analysts believe it will rise.  There are lots of sources of information.  But all you can do with that information is decide to sell the stock or not. It may sound obvious, but you should sell if you think the stock will go lower, and hold it if you think it could still go back up.  No one can tell you which of those things is going to happen.\""}
{"_id": "115008", "title": "", "text": "\"I thought the same thing when I was making $40k in 2010. I'm around 110k now. Mortgage (300k near Portland,  OR which is really damn good) + taxes + insurance and two kids is expensive. I have a single 14k car, my phone was free, and I drink tea. We vacation once every 3 years and don't dine out much (2x per month max). Our grocery bill is ridiculously expensive though and every month I end up spending a fortune on some bullshit like new tires, dental/medical copays, plumbing issue, electrical issue, or whatever the fuck else decides to break and cause more grief. The electric bill in winter peaks at $400/month with our electric furnace ... we never set the thermostat above 68. Probably more stuff I'm forgetting buy basically on a good month,  I can set aside $600 in savings. That's not bad at all, it's great compared to the average family, but it's not even close to \"\"wealthy\"\". I still consider myself middle class.\""}
{"_id": "115020", "title": "", "text": "Hi..I would like to thank you for the efforts you have made in writing this post. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own blog now."}
{"_id": "115024", "title": "", "text": "That information is the only way to get money wired directly into your account so you don't have a lot of options. You should be reasonably comfortable giving out that information as there checks and balances (as noted above) but more than this the banks tend to err on the side of avoiding a PR nightmare if someone uses routing/account to defraud their customer.  For bank security you should be more concerned about a) your credit card, only use secure https sites and ones you can see are dealing with lots of customers b) your identity, someone with your social security number, a recent bank statement and some basic information about you (like family, birth location etc) can assume your identity c) your bank login, be sure to create a strong password, pref 10 characters or more with numbers, symbols and upper & lower case. A site like http://strongpasswordgenerator.com/ can help here."}
{"_id": "115029", "title": "", "text": "Wearing different kind of shirts, especially T shirts has been in vogue from ages. These T shirts are made of super fine cotton and observe the heat and sweat and make the person feel comfortable in them. The T shirts have fan following across the globe and every day, we can see new kind of T shirts with different cuts, designs, slogans, styles as well as in shapes."}
{"_id": "115042", "title": "", "text": "\"I think you need to realize that regardless of whether they are \"\"shady\"\" or not, owners/founders are by and large in it for themselves. You as an employee as just a resource - why should they divulge their finances to you? You won't offend them if you pry and ask for it, but they simply are not going to give you the straight up. They will give you a bare minimum or some song and dance that beats around the bush without actually telling you what you need to know. In regards to whether you should buy the restricted shares: why not? Startups are a gamble anyway. So simply decide how much you're willing to gamble, and spend that much buying some shares. I mean, you're already taking the gamble by accepting a lower salary in exchange for equity which, in all likelihood, will never be worth anything anyway.\""}
{"_id": "115051", "title": "", "text": "\"I think your question is the reason why generics are cheaper. Part of what you're paying for in a \"\"brand\"\" is consistency.  Depending on what you buy and where you shop, it may be a no-brainer to buy the generic brand of certain products. Buying generic OTC drugs is in that category. It's amazing to me that anyone purchases Tylenol, when the generics deliver superior quality at half the cost. But for other products, subtle differences can be significant. My wife would never purchase generic flour (which seems like it would be a commodity product) for baking, as she's a serious baker and there are qualitative differences and consistency issues between brands. If I were just making gravy, the those differences don't really matter.\""}
{"_id": "115053", "title": "", "text": "\"As far as I know, it's not barred by the primary anti-discrimination statute, Title VII of the Civil Rights Act of 1964.  There are some state and local protections against being fired or discriminated against based on this, but the long and short of it is that it's pretty few and far between.  If the CEO in question fired people who were all affiliated with the Democratic Party, and didn't fire people who weren't affiliated with said party, those who were terminated may have a case at that point.  This is from a [linkedin discussion](http://www.linkedin.com/answers/law-legal/employment-labor-law/LAW_ELW/449714-9356514):  &gt; For private situations, there is also a Federal statute, 42 USC 1985(3), that prohibits conspiracies to deprive persons of equal rights and privileges that has been raised in various contexts. The statute, which is a Reconstruction era law, is broadly drafted to correct some of the abuses that arose after the Civil War for blacks trying to exercise their rights. However, it addresses \"\"any person or class of persons of the equal protection of the laws\"\" which could include party affiliation, or a particular political viewpoint. The \"\"class\"\" must be one that is sufficiently defined, so it is more likely to apply to party affiliation, such as Democrat, rather than an amorphous group, such as liberal. There are a number of nuances to this statute, so if you have a belief that it may apply to your situation, seek competent legal advice.\""}
{"_id": "115055", "title": "", "text": "Years ago I hired someone part time (not virtual however) to help me with all sorts of things.  Yes it helps free up some time. However particularly with finances, it does take a leap of faith.  If you have high value accounts that this person will be dealing with you can always get them bonded.  Getting an individual with a clean credit history and no criminal background bonded usually costs < $600 a year (depending on $ risk exposure). I would start out small with tasks that do not directly put that person in control of your money.  In my case I didn't have an official business, I worked a normal 9-5 job, but I owned several rental units, and an interest in a bar.  My assistant also had a normal 9-5 job and worked 5-10 hours a week for me on various things. Small stuff at first like managing my calendar, reminding me when bills were due, shipping packages, even calling to set up a hair cut. At some point she moved to contacting tenants, meeting with contractors, showing apartments, etc... I paid her a fixed about each week plus expenses. I would pay her extra if I needed her more (say showing an apartment on a Saturday, or meeting a plumber). She would handled all sorts of stuff for me, and I gave her the flexibility when needed to fit things in with her schedule. After about a month I did get her a credit card for expenses. Obviously a virtual assistant would not be able to do some of these things but I think you get the point.   Eventually when the trust had been built up I put her on most of my accounts and gave her some fiduciary responsibilities as well. I'm not sure that this level of trust would be possible to get to with a virtual assistant. However, with a virtual assistant you might be able to avoid one really big danger of hiring an assistant.... You see, several years later when I sold off my apartment buildings I no longer needed an assistant, so I married her. Now one good thing about that is I don't have to pay her now.   ;)"}
{"_id": "115066", "title": "", "text": "Wrong way round. Transitional arrangements are non-binding guidelines that the lenders can observe if they choose to. The borrower - like your friend - doesn't  get to choose whether to use them or not. Your friend obviously can't afford the property, so if you do this, all I can say is congratulations on buying your new house, and I hope you got a deal on the mortgage."}
{"_id": "115079", "title": "", "text": "The previous day's close on Thursday 10th October was 5,000.00 The close on Friday 11th October is 5,025.92 So the gain on Friday was 25.92 (5025.92 - 5000) or 0.52% (25.92/5000 x 100%). No mystery!"}
{"_id": "115087", "title": "", "text": "I think it depends where you live in the world, but I guess the most common would be: Major Equity Indices I would say major currency exchange rate: And have a look at the Libors for USD and EUR. I guess the intent of the question is more to see how implicated you are in the daily market analysis, not really to see if you managed to learn everything by heart in the morning."}
{"_id": "115111", "title": "", "text": "\"You can shop for a mortgage rate without actually submitting a mortgage application.  Unfortunately, the U.S. Government has made it illegal for the banks to give you a \"\"good faith estimate\"\" of the mortgage cost and terms without submitting a mortgage application.  On the other hand, government regulations make the \"\"good faith estimates\"\" somewhat misleading.  (For one thing, they rarely are good for estimating how much money you will need to \"\"bring to the closing table\"\".) My understanding is that in the United States, multiple credit checks within a two-week period while shopping for a mortgage are combined to ding your credit rating only once. You need the following information to shop for a mortgage: A realistic \"\"appraisal value\"\".  Unless your market is going up quickly, a fair purchase price is usually close enough. Your expected loan amount (which you or a banker can estimate based on your down payment and likely closing costs). Your middle credit score, for purposes of mortgage applications.  (If you have a co-borrower, such as a spouse, many banks use the lower of the two persons' middle credit score). The annual property tax cost for the property, taking into account the new purchase price. The annual cost of homeowners' insurance. The annual cost of homeowners' association dues. Your minimum monthly payments on all debt.  Banks tend to round up the minimum payments.  Also, banks care whether any of that debt is secured by real estate. Your monthly income.  Banks usually include just the amount for which you can show that you are currently in the job, with regular paychecks and tax withholding, and that you have been in similar jobs (or training for such jobs) for the last two full years.  Banks usually subtract out any business losses that show up on tax returns.  There are special rules for alimony and child support payments. The loan terms you want, such as a 15-year fixed rate or 30-year fixed rate. The amount of points you are willing to pay.  Many banks are willing to lower your \"\"note rate\"\" by 0.125% if you pay 0.5% up-front.  The pros and cons of paying points is a good topic for another question. Whether you want a so-called \"\"no-fee\"\" or \"\"no-closing cost\"\" loan.  These loans cost less up-front, but have a higher \"\"note rate\"\". Unless you ask for a \"\"no-fee\"\" or \"\"no-closing cost\"\" loan, most banks have similar charges for things like: So the big differences are usually in: As discussed above, you can come up with a simple number for (roughly) comparing fixed-rate mortgage loan offers.  Take the loan origination (and similar) fees, and divide them by the loan amount.  Divide that percentage by 4.  Add that percentage to the \"\"note rate\"\" for a loan with \"\"no points\"\".  Use that last adjusted note rate to compare offers.  (This method works because you have the choice of using up-front savings to pay \"\"points\"\" to lower the \"\"note rate\"\".) Notice that once you have your middle credit score, you can ask other lenders to estimate the information above without actually submitting another loan application.  Because the mortgage market fluctuates, you should compare rates on the same morning of the same day.  You might want to check with three lenders, to see if your real estate agent's friend is competitive:\""}
{"_id": "115115", "title": "", "text": "Firstly, I think you need to separate your question into two parts: If you are Chinese, live in China and intend to stay in China for most of your life then the default answer to question 1 should be Renminbi.  Question 2 is not as important, you can hold USD in almost any country in the world. Any investment you hold has risk, which may include market risk, credit risk, liquidity risk, inflation risk etc. Holding USD will expose you to exchange rate fluctuations as well.  If the Renminbi rises in value against the dollar your returns in USD will be reduced by the same amount (remember that for currency fluctuations you have to multiply the percentages, see here for a good explanation). The first thing you probably want to do is find out exactly what the assets are in the \u7406\u8d22 you have invested in.  The fact that there is a 'risk level' (even if it is only 2) would suggest to me that the fund is investing in some combination of bonds and stocks which means that your returns are not guaranteed and could make a loss. Interest rates on deposit accounts are mandated by the government in China, and the current 12 month deposit rate on RMB is 3%.  To earn over 3%, GEB must be investing your assets in something else (I'm guessing bonds).  Bear in mind that 1.5 years is a very short amount of time in investments, so don't assume this return will continue!  I'm afraid I've only been studying Chinese for a year, so I can't really help you much with the link you've sent through - you may want to check if there is any guaranteed minimum return, which can be the case in more complex structured products. Ultimately you will need to pick an investment which you feel gives you the best combination of risk and return for your situation, there are a huge amount of options to choose between.  The 4-5% you are earning right now is not a huge risk premium on the 3% you could earn in China from a time deposit, but in the current environment you may struggle to beat it without taking on more risk.  Before considering that though - understand how much risk you already have with GEB."}
{"_id": "115118", "title": "", "text": "\"For what it's worth, the distribution I'm currently using is roughly ... with about 2/3 of the money sitting in my 401(k). I should note that this is actually considered a moderately aggressive position. I need to phone my advisor (NOT a broker, so they aren't biased toward things which are more profitable for them) and check whether I've gotten close enough to retirement that I should readjust those numbers. Could I do better? Maybe, at higher risk and higher fees that would be likely to eat most of the improved returns. Or by spending far more time micromanaging my money than I have any interest in. I've validated this distribution using the various stochastic models and it seems to work well enough that I'm generally content with it. (As I noted in a comment elsewhere, many of us will want to get up into this range before we retire -- I figure that if I hit $1.8M I can probably sustain my lifestyle solely on the income, despite expected inflation, and thus be safely covered for life -- so this isn't all that huge a chunk of cash by today's standards. Cue Daffy Duck: \"\"I'm rich! I'm wealthy! I'm comfortably well off!\"\" -- $2M, these days, is \"\"comfortably well off.\"\")\""}
{"_id": "115124", "title": "", "text": "I was part of a class action against First Tennessee Bank for this same shady shit.    Got my check in the mail last week for my portion.   $21.12  At one point, they hit me five times for overdraft charges, ($175).   No risk for them, charge the fuck out of you on the front end, pay back pennies on the back.  It's a win/win for them.   I joined a credit union (SkyOne) and love them, will never look back."}
{"_id": "115134", "title": "", "text": "How I understand it is: supply/demand affect price of stock   negatively/positively, respectively. Correct. Volume is the amount of buying/selling activity in these stocks (more   volume = more fluctuation, right?). Sort of.  Higher volume means higher liquidity.  That is, a stock that is traded more is easier to trade.  It doesn't necessarily mean more fluctuation and in the real world, it often means that these are well-understood stocks with a high amount of analyst coverage.  This tends towards these stocks not being as volatile as smaller stocks with less liquidity. Company revenue (and profit) will help an investor predict company   growth. That is one factor in a stock price.  There are certain stocks that you would buy without them making a profit because their future revenue looks potentially explosive.  However, these stocks are very risky and are bubble-prone. If you're starting out in the share market, it's generally a good idea to invest in index funds (I am not a broker, my advice should not be taken as financial advice).  These funds aggregate risk by holding a lot of different companies.  Also, statistics have shown that over time, buying and holding index funds long term tends to dramatically outperform other investment strategies, particularly for people with low amounts of capital."}
{"_id": "115141", "title": "", "text": "\"I agree it's an agency problem. This why firms that are astute at making acquisitions properly align the incentives of managers and shareholders, and strive to make negotiating prowess a core competency (see [here](https://www.economist.com/news/finance-and-economics/21708671-two-economists-win-nobel-prize-their-work-theory-contracts-hard) and [here](https://www.economist.com/news/economics-brief/21725542-if-markets-are-so-good-directing-resources-why-do-companies-exist-first-our)).   This is easier said than done - there are many more Valeant Pharmaceuticals type companies (making acquisitions for financial engineering and \"\"growth\"\") than Gilead Sciences type companies (making acquisitions based on a keen understanding of the market's demands).\""}
{"_id": "115172", "title": "", "text": "I have been in a similar position for quite a while now and the only thing that seems to help is screening phone calls. I have a long list of collector numbers set to not ring on my phone. They can still leave a voice mail but they never do.  As far as I know there aren't any laws that protect you from nuisance phone calls. FDCPA letters only apply to the debtor and the collector it is sent to it doesn't protect an unrelated third party from getting annoying phone calls. I have a feeling that sending FDCPA letters is just confirming that you probably are the debtor and prolong the collection calls."}
{"_id": "115175", "title": "", "text": "One big advantage that the 529 plan has is that most operate like a target date fund. As the child approaches college age the investment becomes more conservative. While you can do this by changing the mix of investments, you can't do it without capital gains taxes. Many of the issues you are concerned about are addressed: they are usable by other family members, they don't hurt financial aid offers, they address scholarships, they can be used for books or room and board.  Many states also give you a tax break in the year of the contribution."}
{"_id": "115190", "title": "", "text": "Good point, but the idea I was getting at is that the money was already allocated for this purpose as it is regularly with every pay day.  The idea that some people should not get unemployment insurance payments because they happen to live in households that retain high income is not trivial and at very least should be put before a vote of representatives."}
{"_id": "115197", "title": "", "text": "When calculating the NPV, is there anything I need to do in between the project start date outlay (Nov 2017), and the first cash inflow (July 2019). Do I need to discount the cashflow to the present, and if so, how? Yes, you need to discount every cash flow to the present time, not just the first one.   When discounting cash flows, the appropriate discount rate needs to represent the opportunity cost of the initial cash outlay.  Meaning if you were to use that money for something else, what rate of return would you expect? You could be safe and assume only a risk-free return (like 2-3%) or use the average rate of return of other investments (e.g. 10-15%). Another common approach is to use your cost of capital if you're raising funds for the project, or would instead have use the funds to pay off existing debt. Once you find a relevant discount rate, then just discount each cash flow by dividing them by e^rt, where r is the annualized discount rate (e.g. 0.10 for 10%) and t is the decimal number of years between now and the cash flow (e.g. 1.5 for 18 months)"}
{"_id": "115207", "title": "", "text": "For the constant growth problem, I don't see why the answer would be anything other than the stock price grown for 3 years at the cost of equity determined from CAPM. Someone can correct me if the dividend is relevant.  So:  rs = rf + beta x (market premium)  rs = 0.046 + 0.9 x (0.06) = 0.10  price now = $40.00  price after 3 years' growth = $40.00 x (1+0.10)^3 = $53.24  EDIT: https://www.quora.com/Why-are-dividend-yields-factored-into-beta  two conflicting answers so you'll just have to figure it out"}
{"_id": "115210", "title": "", "text": "GBP is widely traded currency and it is definitely possible to send GBP internationally with out any conversion. Of late banks are trying to maximize the FX and if they see a Euro country the sending bank assumes the beneficiary account is in Euro and converts to get FX spread than letting the beneficiary bank decide. Keep complaining to your bank and then the sending bank will put your account in exception and not convert next payments"}
{"_id": "115216", "title": "", "text": "Aim pistol at own foot. Pull trigger.  The job market is definitely tightening: people with experience are spending less time between jobs; recruiters are calling more frequently.  Too bad this has not yet helped the young and inexperienced."}
{"_id": "115264", "title": "", "text": "I think that author does a disservice by writing such seemingly sensible articles without actually knowing how things work. If I didn\u2019t know better, I would think this guy was teaching me something. It\u2019s a shame he did not do research before he started writing.  Let\u2019s say you buy a classic car. You take super good care of it, all original, mint condition. You paid cash for it out of your savings. This is a balance sheet transaction that has nothing to do with income. You traded your cash asset for a classic car asset.  Now let\u2019s say this car is so rare and you keep it in such good condition that it gains value every year. Maybe it was worth $15k when you bought it, but this year it\u2019s already worth $17k. Great job on making a great purchase! But is that $2k gain counted as income to you? No, it is not. The value of that asset on your balance sheet went up, but you did not make anything off of that increase in value because you have not sold it.  If you had to pay taxes on the increase in value every year, those taxes would essentially force you to sell that car to pay the taxes just because you took care of it. Additionally, in the long term, no one would want to own anything, so this would destroy the value of everyone\u2019s stuff, but I digress.  In this example, amazon stock is the car. The author is seeing the increase in stock value adding to the balance sheets of the investors who bought the stock and confusing that with income.  Back to our example, let\u2019s say your car increased in value $2k a year for two years and you decide to sell it for $19k - now we are about to realize some income! Since you bought it for $15k and sold for $19k, you earned an income of the difference, or $4k.   Your income wasn\u2019t $19k, because you originally put $15k in cash into the car. That cash was already saved from income you made in the past, and it is not counted again as income in this sale.  Because you did not work for this new car sale income, but it was derived from asset growth, the income is called capital gains. You invested your capital ($15k) into the asset (car), and that asset appreciated. When you sold it, you received capital (money) back in exchange for that asset. The capital you received is more than what you invested, which is to say you gained $4k of capital by investing in and then selling your  asset (car).  Because you held the car for two years, you qualify for lower long term capital gains tax rate on that $4k. Had you sold it after year 1, you would\u2019ve paid your regular normal income tax rate on those capital gains. Either way, you owe the tax when you sell the asset, not when it appreciates.  I\u2019m sure you realize this already, but if we change the car to amazon stock in my story, this is exactly how it works with investors.  The author gets several things wrong   1 - amazon profits are not passed through to shareholders for income tax purposes. If amazon paid dividends, those dividends would be taxed at payout at the long term capital gains rate, and they would be paid out of cash amazon has left after it already paid corporate taxes on profits.   Amazon has decided they can add more value to investors by using cash to grow instead of paying dividends. When the investors sell the stock, they will owe capital gains on the growth of that stock. If amazon is correct that using cash to grow, then investors will effectively pay more when they sell the stock than they would pay today if dividends were paid.  2 - asset appreciation is not income. Those investors will realize the income when they sell the stock, and they will pay the tax then.   3 - he is missing the point entirely on why amazon runs a low profit or how business strategy translates into financials. Low prices are not a function of low profitability. Low profitability could be an adverse result of low pricing, but being low profit in order to be low price is a ridiculous and failing strategy. Amazon\u2019s low pricing is a function of their unparalleled buying power, unparalleled consumer and product data, amazing logistics prowess, clever loyalty programs like amazon prime, and many other brilliant things they\u2019ve done. Their low profitability is a function of their investment in things like amazon fresh, amazon Alexa, drone delivery, automated convenience stores, building out cloud computing infrastructure, and many other R&amp;D projects, $4 billion in original content spending for amazon prime video, and all kinds of expenditures years ahead of when they become profitable. By the time consumers want it, amazon already built it three years ago - this is the power of amazon. Sometimes multi billion dollar experiments fail, and all that money was for nothing. Sometimes they lose money for a few years and then become the infrastructure that runs a third of the internet. Amazon does not let fear of failure stop them, they invest in growth with their cash. This is how Bezos thinks - how do we build the future, not how can I avoid tax    I do need to make a disclaimer here - there could be special tax treatment of classic cars that makes my example not work. Also classic cars may not appreciate in value. I don\u2019t know anything about classic cars, I just picked a politically neutral thing to put in my story and made some assumptions to illustrate how capital gains work. My story is definitely how stocks work, and probably cars, but I just want to point out that I don\u2019t know shit about car collecting."}
{"_id": "115267", "title": "", "text": "Paying off debts will reduce your monthly obligation to creditors (less risk) and also remove the possibility of foreclosure / repossession / lawsuit if you ever lost access to income (less risk).  Risk is an important part of the equation that can get overlooked.  It sounds like pulling that money out of the market will reduce your yearly tax bill as well."}
{"_id": "115274", "title": "", "text": "Marilyn Angelena is a Transformational Business Coach and Mentor known as Magic Makeover Genie!Marilyn works with Women Entrepreneurs and Small Business Owners who struggle to market their business effectively. What separates my service from other Business Coaches, Consultants and Mentors is that I only work with Women Entrepreneurs and Small Business Owners and I specialize in transforming your businesses using outrageous marketing strategies, both offline and online. Your business can literally be transformed in 26 weeks or less, regardless if you are just starting out with a new and fresh idea, you have been in business for a while and you aren\u2019t making any money or you are making a profit and you are now ready to go to the \u201cnext level\u201d."}
{"_id": "115285", "title": "", "text": "I should mention I work as an analyst for our Wealth Management division and am also a CFA charterholder. I have done the basic research on WSO into IB and corporate banking roles. I was hoping to get into the weeds with very specific jobs and duties, if that makes sense."}
{"_id": "115294", "title": "", "text": "This is something I love about only investing in tech. Every company I'd want to invest in has a great balance sheet anyway, that's just how their economics work, so I don't have to worry about this. I actually work in reverse. Like with AAPL, I'm deducting their cash from their market cap to get an even more attractive valuation*. As opposed to trying to work out all the complex debt and liabilities of a bank or something.  *AAPL actually does have some debt now but it's dead simple to deduct and only a workaround to their offshore cash."}
{"_id": "115301", "title": "", "text": "They are being propped up by their own debt most of the time. Just because someone does better or plans better than you, doesn't mean they took anything from you.  There is no pie wealth is not finite. Its a myth. We not even coke vaguely close to the wealth creation potential of our species. Technologically we are still enfants but progressing pretty fast. Every day something that use to be hard becomes easy, not just for some but for everyone. Something that used to be impossible is just around the corner all the time. You are richer every day. Whether you want to admit it or not."}
{"_id": "115317", "title": "", "text": "Almost every job I have had over the past thirty years required drug testing.   ALL tested for pot, narcotics, cocaine specifically, heroin, alcohol and others.   Saying the majority do not is wrong because the test is a standard panel."}
{"_id": "115333", "title": "", "text": "With the W8-Ben filed, tax will be withheld at a lower rate. (I would expect 10%). Tax treaty treatment will mean that this witholding will reduce your UK tax even if this payment is not taxable there. This is only effective if you actually pay tax. This is how it works for lotteries and dividends as well."}
{"_id": "115334", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://nirpumbrella.com/exec-at-fannie-mae-will-be-nominated-u-s-deputy-secretary/) reduced by 51%. (I'm a bot) ***** &gt; President Donald Trump plans to nominate, general counsel for Fannie Mae, Brian Brooks as the deputy secretary of the treasury department according to Axios.  &gt; Brooks joined Fannie Mae seven years after the subprime fiasco.  &gt; Brooks does have a link to the White House as before joining Fannie Mae, he was vice-chairman of OneWest Bank and worked with Steven Mnuchin who wanted someone for the job that resembled loyalty, according to Axios&amp;#039; unidentified sources.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6goafv/breaking_exec_at_fannie_mae_will_be_nominated_as/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~141894 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Brooks**^#1 **Mae**^#2 **Fannie**^#3 **department**^#4 **Axios**^#5\""}
{"_id": "115364", "title": "", "text": "So real estate isn't a good investment?  Yeah, it's went down at times.  Still worth more now then say 15, 25 and 50 years ago right?   Is nothing a good investment because it has bad years?    Im not saying bitcoin is the best shit ever and it's perfect and everyone should buy it.  But we've heard time and time again that it was in its death throws. Yet after every dip, it recovers and reaches new highs."}
{"_id": "115370", "title": "", "text": "They US does not give Israel aid, they take what they want, They control the government and the economy. That is why the Head of the Fed is always a Jew and why every US politician spreads his butt cheeks for a complete anal check in front of AIPAC. The Jews make up less the 1% of the US voter base, yet every decision that America has to make has a Jew up its ass including Ivanka.   It is simply the Truth"}
{"_id": "115372", "title": "", "text": "Half VTI (Vanguard Total Stock Market ETF) and half VEU (Vanguard FTSE All-World ex-US ETF), and stop futzing.  The US is roughly half the world market cap so this is like a total world equity index.  Very low costs. VTI Expense ratio is 0.04% as of 04/27/2017. I don't know what you mean by RSG, but it could be either a waste processor or a gold miner. Either way it seems kind of speculative to hold even 10% of your wealth."}
{"_id": "115378", "title": "", "text": "I'd say that because you are young, even the 'riskier' asset classes are not as risky as you think, for example, assuming conservatively that you only have 30 years to retirement, investing in stocks index might be a good option. In short term share prices are volatile and prone to bull and bear cycles but given enough time they have pretty much always outperformed any other asset classes. The key is not to be desperate to withdraw when an index is at the bottom. Some cycles can be 20 years, so when you need get nearer retirement you will need to diversify so that you can survive without selling low. Just make sure to pick an index tracker with low fees and you should be good to go. A word of warning is of course past performance is no indication of a future one, but if a diversified index tracker goes belly up for 20+ years, we are talking global calamity, in which case buy a shotgun and some canned food ;)"}
{"_id": "115390", "title": "", "text": "That seems like a very high valuation. 2 years ago in the Ellen Pao lawsuit Pao's side claimed Reddit was worth $250mm, and the press had claimed it was $500mm. Either Reddit's valuation has more than tripled in 2 years, or this article is misleading."}
{"_id": "115392", "title": "", "text": "I think the problem with AC is:  It's junky - The entire city seems rundown and poor. The beach isn't very nice (compared to OC Md, Rehoboth, VA Beach, etc...).  It's expensive - It seems like a room that would cost $200/night in Las Vegas always costs like $350 a night in Atlantic City.   I live in Maryland. I vacation in Ocean City MD every year. AC is 30 minutes closer to me. If AC had Las Vegas hotel room prices and a nice beach I would go there every year."}
{"_id": "115393", "title": "", "text": "\"It's no where near that simple. Defined benefit plans for enterprises as large (and as old) as automakers or the legacy airlines are incredibly complicated. It's not simply a matter of plugging the money into some piggy bank account and \"\"doing the right thing.\"\" I think the people in these companies do honestly want to do right by their employees and retirees - and offering buyout options is, in some cases, a better deal for both recipient and the company.\""}
{"_id": "115400", "title": "", "text": "Any sort of applications you go through in class, including physics, the textbook and hopefully the professor will give you full context of the type of problems to focus on. My ODE class spent a lot of time on population models too, so it won't just be physics."}
{"_id": "115401", "title": "", "text": "If they are voting in reaction to what cities/ city folk are doing rather than for the good of their area then they deserve to die, I don't mean die as human beings but die as towns and municipalities.  And from where I'm sitting this seems to be exactly what they are doing."}
{"_id": "115405", "title": "", "text": "\"90% of what you need to know about diversity and racism was taught to my son in 2nd grade.  &gt; My college education included a class on diversity laws in the us and the state i live.  So tell, me: what did that class teach you that you did not know?  I am asking, because maybe I can learn something that you know, but my son or me may not know.  &gt; I evaluated how businesses predominantly focused on a market can effectively adjust their businesses plans to new markets.  This is taught in marketing and business classes. Even before the 1960s everyone was taught or knew that you can make money off minorities and niche groups because of their needs.  &gt;  I could go on but i think you get my point.  No, I did not get your point. Please tell me about something you learned purely about \"\"diversity\"\". **Not about how to take advantage of diversity for economic and POLITICAL gains!**  Do you understand what I mean with the last thing I said? Think about it first.\""}
{"_id": "115408", "title": "", "text": "You are very young, you make a huge amount of money, and you have (from what information you provide) very little debt. If you simply want to buy a house for whatever reason, sure, but be honest with yourself about why you want to buy it. I see a lot of people who think they're doing it for smart financial reasons, but then when I ask them about their pension savings and credit card debts and so on, there is no evidence that they are actually the kind of person who makes decisions for smart financial reasons. If you want a house because that seems like the thing that people do, maybe you could think more about what you actually want. If your concern is putting your money to work for you (you seem to dislike that you pay rent each month and after that month you don't have anything to show for your money, except of course that you didn't spent the last month living on the streets), you can do a lot better than getting a mortgage. For example, living frugally you should be able to dump 50k a year into investments; if you did that for a few years, you could reasonably expect the return to cover your rent and bills in a surprisingly small number of years (a lot less than a 25 year mortgage). Your question seems to be starting from the position that you should buy a house. You're asking if you should buy it now, or wait. You are rich enough now (and if your earnings keep going up, will be even more rich in a few years) that you should perhaps question your need to buy a house. With your kind of money, at this stage of your life, you can do a lot better."}
{"_id": "115416", "title": "", "text": "&gt; Why is this always the top voted kind of comment whenever a blog post is submitted on Reddit?  It isn't. Decent blog articles get submitted every day.  &gt; A blog is not an article so adjust your expectations or volunteer to be her pro-bono editor.  I do expect it to be at least coherent and consise.  &gt;doesn't really contradict what the blogger was writing about: being sold a false dream.    Caveat Emptor. It precisely contradicts what the OP was about. If the contract isn't to your liking, don't buy into the dream.  Look - Freelancing is hard. You have to make decisions that regular employees don't have to. One of your tasks is vetting potential employees and negotiating contracts. If that sounds too hard or too difficult, go back to your fucking cubicle and fill out your TPS reports."}
{"_id": "115419", "title": "", "text": "\"&gt; they want to lower the standards we have for goods and services  Their avowed goal is \"\"regulatory coherence\"\" but its [not being done in a good way](http://www.ciel.org/Publications/ToxicPartnership_Mar2014.pdf), its an attempt to sneak through a [huge long long list](http://www.ttip2014.eu) of bad ideas that would not fly in any kind of light of day, and then make them permanent, with special [eternal entitlements](http://tpplegal.files.wordpress.com/2012/05/isds-domestic-legal-process-background-brief.pdf) for multinational corporations, so permanent that future elections can not change them, nor can states individually protect people, their laws would be preempted to the extent that unaccountable trade tribunals [can order huge fines against countries and states for merely doing their jobs](http://www.italaw.com/sites/default/files/case-documents/italaw3206.pdf), because they impinge upon  new suddenly materialized \"\"rights\"\" as perceived by the trade agreements. Almost nobody knows they are doing this. often countries dont realize that they have lost their rights to determine their policies, and then countries usually lose.  There are SO many problems I don't know where to begin.   &gt; in part by opening up public services to private business?  Privatization often goes badly. They are hiding that and portraying privatization as the only possible future.   Well at the beginning, the prototypes FTAs, NAFTA and GATS mandated the privatization of most public services in countries that signed them, with services (everything you can't drop on your foot) especially some of the add on documents to GATS. That was in 1995. It contains a \"\"standstill\"\" (they all do)  which said that countries could not change anything if it was a move back towards public ownership and control, in the case of services, they frame that as bad, as a theft from businesses..  So standstill typically says things like they can not create any new public services and [if there was any money involved in the market sector at all that it would have to be privatized](http://www.iatp.org/files/GATS_and_Public_Service_Systems.htm) in tiny steps. No going back to public services allowed.   But of course, people dont know that and often don't believe it when told. For example, do you believe me when i tell you thats the reason US health care is so bad-?    Can you see how and why they might lie about what they,, politicians, can do, can do about things because they want to win elections by promising things - like affordable health care- But also hide the ugly act [that they gave away the store](http://www.law.harvard.edu/programs/lwp/nafta.pdf) starting in 1995.   The FTAs that we can read (the early ones) tried to do it by being undecipherable to non-experts- they are so complicated and ambiguous only a few people really know what they demanded, at least up until recently. Now they are top secret. Really secret. Only the 600 lobbyists have access.   Now, a growing number of people, especially in Europe, seem to realize this is really scary and a red flag., but its not because the news was any help, its because of the net, the media - especially in the US, has been completely unhelpful. They dont cover this at all. TTIP is a huge controversy. But I have a feeling the worst one is TiSA, which has remained largely out of the news. Except for Wikileaks and the financial services chapter. Just one chapter is known. And its an old version.  Now they want in TiSA to greatly [expand the scope of these FTAs to millions of service jobs](https://www.youtube.com/watch?v=2_pPqnbXpA4) in a huge number of countries. Countries want things, like the US wants to be able to charge more money for drugs and they want to force other countries to allow US companies into their markets, for example, insurance, or financial instruments, it seems that they are trying to deregulate banking when it should be re-regulated to avoid a repeat of the 2008 GFC. Another thing the US wants is to limit generic drugs and make it easier for companies to open factories, send contractors, etc. elsewhere.  Its not always a good thing to open markets up to \"\"liberalisation\"\".  In many cases, it could lead to substantial job losses, as it has in [Central America after CAFTA](http://citizen.typepad.com/eyesontrade/2014/08/central-america-crisis-belies-caftas-empty-promises.html).\""}
{"_id": "115420", "title": "", "text": "\"In general we're getting a more nuanced view of a proposition that might tend to influence policy. \"\"Amazon creates jobs\"\" is the implicit suggestion of the headline, and it's worthwhile to take a critical approach rather than simply accepting it as something that should influence our opinions.  Letting the mayor open an urea refinery in the centre of town *also* creates jobs, after all, but people tend to have an intuitive grasp of the costs that it would impose on the townsfolk as a whole.  You allude to what I think is a fear of asymmetrically developed information:  having learnt of the disadvantage of a growing Amazon to potential employees, as compared to the preceding status quo, we proceed on the assumption that the growth of Amazon is a sufficient explanation for the disruption of that status quo, and naively assume that we need merely prevent Amazon's business model from succeeding in order to restore the world to rights, without examining any of the possible harms of our own intervention.  That's certainly something I can sympathize with.  However, while 'creative destruction' describes something that does indeed happen, it's a bad idea to observe destruction and assume that either the process or the outcome is necessarily creative.  'Destructive destruction' is *also* a thing, and it is inherently cheaper and easier than the creative variety.  'Disruptive' business models often succeed simply because they use technology to bypass regulatory traps, for good or for ill.  At times, however, this involves the discovery of a way to offload the costs of the enterprise onto society.    A wonderful example of this would be bike-sharing systems.  Where I've seen them in North America, in their first generation, they tend to have physical parking stations to which the bikes must be returned.  In China, by contrast, systems have developed where one needn't even return the bicycles to any particular location;  one merely finds one wherever someone had parked it, and unlocks it by scanning the code on it.  The bicycles themselves are not a huge capital cost, so convenience relies on a huge oversupply of bikes that have been parked, dumped, dropped, or hidden by their previous riders all over the public space.  Effectively, these companies have managed to make the municipal services responsible for their inventory management.\""}
{"_id": "115423", "title": "", "text": "&gt;\u201cDraw one line on a graph charting the decline in union membership, then superimpose a second line charting the decline in middle-class income share,\u201d writes Noah, \u201cand you will find that the two lines are nearly identical.\u201d Richard Freeman, a Harvard economist,  Thus demonstrating that Harvard economists apparently fail to comprehend the very simple point that *CORRELATION does* **NOT** *equal CAUSATION.*  At best, it indicates the *possibility* of a link, but is proof of nothing. (And anyone who cites a mere correlation as if it was irrefutable proof, as is implied here... is either an idiot, or they are being extremely intellectually dishonest.)"}
{"_id": "115428", "title": "", "text": "The comparisons are disingenuous. The lowest paid, part time worker at one factory is making almost twice the Chinese national median wage, and one at another factory is making as much as the median wage in one of China's wealthiest cities.  It's okay to just say the wages suck."}
{"_id": "115436", "title": "", "text": "\"I believe they manage a bit over 500 million.  He is still the founder and probably has control of the company but he is not the ceo. He has probably gotten the company to a stable position and wants to move on to other things... big deal.  If tradeworx is stable and making money it is not a big deal if narang doesn't want to micro manage people and run day to day shit, someone else can handle that while he can go explore other things.  Just like De shaw did.... de shaw got his fund up and running, make a ton on money, left to do research and the fund still makes money.  [you can read this to see why he left](http://www.reuters.com/article/us-markets-tradeworx-narangdeparture/exclusive-tradeworx-founder-narang-leaves-high-frequency-firm-idUSKBN0KM1Z720150113)  \"\"Narang declined to spell out why he was leaving Red Bank, New Jersey-based Tradeworx, but said, \u201cI had a few differences with the board about the direction of the company.\u201d  Narang said there were no losses or expected losses at closely held Tradeworx, which he said has a bright future and where he remains a shareholder. Tradeworx accounts for about 5 to 6 percent of daily U.S. equity market volume, sources say.  There was no immediate response from Tradeworx management.  Narang has not decided on a future venture, but he said he is likely to remain in the financial services industry, is talking to people and is looking closely at the options market.  \u201cI have a whole lot of ideas that I\u2018m excited about that I\u2019ve been wanting to pursue, so now is the time to figure out which of those ideas I\u2019d like to pursue,\u201d Narang told Reuters.  \u201cI\u2018m particularly interested in options trading, I have been for some time, that\u2019s something Tradeworx doesn\u2019t do. Many of my ideas are in that space,\u201d said Narang, 45, who has degrees in computer science and mathematics from the Massachusetts Institute of Technology.\"\"    edit- This all really has nothing to do with the original post about actuallyserious65 comment regarding hft.\""}
{"_id": "115454", "title": "", "text": "I don't know enough about taxes and real-state in the Netherlands to be super helpful in determining whether or not a rental property is a good investment. One thing for certain is that there's some risk in spending everything on a rental property. It's wise to have some buffer, an emergency fund of 3-6 months expenses. If things got dire, you'd still need to live somewhere until your tenant was gone, and you'd want to be able to handle any major repairs that crop up. So, even if it is a good idea to buy a rental property, you should probably wait until doing so doesn't leave you without a healthy buffer. As for owning a rental, you described a scenario where you'd get 6% income on your investment each year if there were zero expenses associated with owning the property. Are there property taxes? Is there a monthly cost to maintain the building the apartment is in? Are rental incomes taxed more heavily than other investment income? Just be aware of the full financial picture before deciding if it's a worthwhile investment."}
{"_id": "115459", "title": "", "text": "You can split payments, and nobody judges you because most prepaid cards are actually gift cards.  They just think you have generous friends.   When you use Visa/MC at a vendor, they get dinged around 2-3% plus 35 cents flat-rate.  So when you ask them to charge 77 cents to the card, you're essentially asking they give half of it to Visa/MC.  Which is unfair.  A charity won't turn it down, but it's wasted.  So how do you solve this problem?  If you see a small merchant using Square or PayPal Here, their merchant agreements charge a flat rate (2.75% and 2.70% respectively) with no flat rate per transaction.  If you see they are on PayPal/Square, go for it.   Obviously PayPal itself doesn't have that problem, because they have a really, really good deal with Visa and Mastercard.  So feel free to buy yourself credit on your PayPal account with these residual values.   Amazon probably has a similar deal.   You are getting these small amounts because you aim to pay a $22.69 bill with a card that has $25 on it.  Reasonable, but it causes this.   Flip it around: pay a $22.69 bill with a card that has $20 on it, consume the $20 value, and pay the $2.69 in cash.  You may need to tell the cashier exactly the amount to charge (e.g. $20.00) especially if it is a Visa/MC card.  It will certainly go faster if you do.  The cashier may be able to pull up the balance, but it's an extra procedure, and an inexperienced cashier may struggle with it / have to call the manager etc. - not worth it in my book."}
{"_id": "115465", "title": "", "text": "Another factor to consider is that it encourages employees to contribute more into to the plan so that they'll be able to comfortably retire.  Getting the full match encourages people to put at least 6% in to avoid leaving money on the table; 100% of the 1st 3% would see a lot of people only putting 3% in instead.  While 9% of your income is still a rather marginal amount to be saving; it will leave you in a much better place in your 60's than if you had only put in 6%/year."}
{"_id": "115467", "title": "", "text": "\"Before we all argue about his pricing, blah blah - let me explain to you how he absolutely fleeced consumers under the guise of helping them.  JCPenney had a handful of sales strategies:  * 40% off  * 50% off  * Buy one, get one for $0.01  * Buy one, get one for $0.99  * 60% off  * Green tag clearance (where things were up to 90% off discounted prices; items as low as $0.97)  What he did was basically eliminate all of the different kind of sales and just discount a straight 40%.  Meaning that before, when you were \"\"screwed\"\", the worst you would do is their \"\"everyday low pricing\"\" today. If you went in and bought at their worst 40% sale, you got exactly what he offers you right now. If you were lucky and went in at a better time, you actually saved more, generally around 50% with BOGO-type of stuff.  Not only that, he killed coupons. This is where you could really rake. You would:  * Save money with your JCP card  * $10 off orders of $25  * $10 off orders of $30  * $10 off orders of $50 / $15 off $75 / $25 off $100  Again, these all varied, but you could stack coupons on top of savings.  Shoppers (like me) stopped going there because the savings ceased to exist. We're not stupid, but he played us like we were and he counted on people's outrage of sales to dupe them. As you can see by the scheme I've shown, you not only saved more before, but way more. And the argument that it's better now is patently false because their prices are identical to their worst sale without any coupons.  Why do you think the red stickers go over the price? Because they want to hide it. The same items at Kohls have the sticker from Union Bay or whoever on it. It's all the same MSRP. It's just that he tried to fool the shoppers he didn't have with false outrage, but alienated the rest of the shoppers who look at their receipt.\""}
{"_id": "115471", "title": "", "text": "\"Hurd did almost as much in his short time there to gut R&amp;D, engineering, and every other \"\"cost centre\"\" within HP as he could, leading to a dearth of product and technology in the pipeline.  Tough to innovate with nothing but sales and marketing.\""}
{"_id": "115484", "title": "", "text": "The 'store card' that Amazon offers gives 5% back on Amazon purchases. Some time ago, when I realized how much of my spending was going through Amazon, I chose that card over this one.  If you want the card, that's fine, but if you are going to play the reward game, there are far higher bonuses available for card signups. No, it's not a scam. Many stores will offer a discount at the register the day you sign up for there card. In general, the store cards should also give a discount when used at that store, or airline for that matter."}
{"_id": "115499", "title": "", "text": "Finding a way to pay down credit debt is important, because you're probably paying in the high teens in APR. 401k should be last resort. Have you researched other options? E.g loan consolidation  If you don't mind me asking, how did you get that far in debt?"}
{"_id": "115517", "title": "", "text": "At a risk of stating the obvious: a passive portfolio doesn't try to speculate on such matters."}
{"_id": "115548", "title": "", "text": "There are three parties involved here: there's the store that issued you the card, then they have some bank that's actually handling the account, and there is some network (VISA, MasterCard, etc.) that the transactions go through. So one avenue to consider is seeing whether all three are aware of you canceling the card."}
{"_id": "115549", "title": "", "text": "\"&gt; Ms is not one of them  CO is, which is where the gay bakery incident that's going to the SCOTUS happened...  &gt;providing a service based on their bias is ok for some and not for others.   No, I think that it's okay to not provide service for any reason *except based on status in a protected class.\"\" This really isn't a difficult concept. And yes, I think that orientation should be a protected class anywhere that it isn't yet.   Dude, this is the same as employment law and other discrimination areas like apartment rental. You can fire someone for any reason or no reason, but not for a reason of membership in a protected class. You can refuse to rent to someone for any reason except membership in a protected class.   Do you see the pattern yet?  &gt;How can you not see the similar aspects of the two  Because there are no similar aspects between non-choice biological factors and by-choice rhetoric.   &gt;You are agreeing with a company choosing to do business with whom they want to, but then you are doubling down on having another business doing the same thing   Rephrased, this says, \"\"You're saying that sometimes X but then trying to say that sometimes Y!\"\" Yes. Exactly. There are different circumstances. \"\"You're agreeing that a company can do business with whomever they want except but another company can't because they're refusing based on protected classes.\"\"  Libertarian fantasy land logic doesn't work in the real world.\""}
{"_id": "115552", "title": "", "text": "You wouldn't pay what the quote says, you would pay what the bill says. If the car is used as a taxi then either it's done illegally and not your problem, or they have proper insurance. One reason to go through your insurance is that they know how to handle all these things for you.  If you have only their phone number: You owe them money, so they will contact you."}
{"_id": "115553", "title": "", "text": "No, the dividends can't be exploited like that. Dividends settlement are tied to an ex-dividend date. The ex-dividend, is the day that allows you to get a dividend if you own the stock. Since a buyer of the stock after this date won't get the dividend, the price usually drop by the amount of the dividend. In your case the price of a share would lose $2.65 and you will be credited by $2.65 in cash such that your portfolio won't change in value due to the dividend. Also, you can't exploit the drop in price by short-selling, as you would be owing the dividend to the person lending you the stock for the short sale. Finally, the price of the stock at the ex-dividend will also be affected by the supply and demand, such that you can't be precisely sure of the drop in price of the security."}
{"_id": "115561", "title": "", "text": "There are several different participants in the transaction, and you may not be aware of all the issues: In some business (fast food) they are required to ask if you want to super size, they are expected to do this at every transaction, but aren't paid more if you buy more. The employee can also decide that too much pressure to up-sell may push you to purchase the item online. That will cost them a commission, the store location a sale, and maybe drive you to a different company. It is also possible they don't have the training to be able to explain the difference between the items."}
{"_id": "115562", "title": "", "text": "National Document Shredding is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document shredding services."}
{"_id": "115581", "title": "", "text": "I would go see a Lawyer no matter what. It's a form of a scam your parents are doing. Make sure it's YOUR name only on the title of the building if it is, then you have a MAJOR case against them. This is a form of Equity scam, in where you aren't really going to make hardly any money. Once you pay them that money towards the loan legally their stake needs to decrease according to what you said. ABSOLUTELY CONSULT A LAWYER!"}
{"_id": "115584", "title": "", "text": "\"Putting them on line 10 is best suited for your situation. According to Quickbooks:  Commissions and Fees (Line 10) Commissions/fees paid to nonemployees to generate revenue (e.g. agent   fees). It seems like this website you are using falls under the term \"\"nonemployees\"\".\""}
{"_id": "115636", "title": "", "text": ""}
{"_id": "115642", "title": "", "text": "It sucks for them, but it sounds like they brought it on themselves. They didn't hire an attorney to correct their entirely misguided non-response to the problem, then proceeded to make every mistake in the noob book.  I 'kinda' feel sorry for them, even though they seemed to run their business in a completely unprofessional manner. If there's any truth in that rambling story, it sounds like they've managed to work themselves into an 'impossible to win' position."}
{"_id": "115648", "title": "", "text": "I agree that the cause of the crash can make a huge difference in the effect on the bond market. Here's a few other possibilities: All that to say that there's no definitive answer as to how the bond market will respond to an equity crash.  Bonds are much more highly correlated to equities lately, but that could be due to much lower interest rates pushing more of the risk of bonds to the credit worthiness of the issuer, increasing correlation."}
{"_id": "115652", "title": "", "text": "\"Of the two, an option is a more reliable but more expensive means to get rid of a stock. As sdg said, a put option is basically an insurance policy on the stock; you pay a certain price for the contract itself, which locks in a sale price up to a particular future date. If the stock depreciates significantly, you exercise the option and get the contract price; otherwise you let the contract expire and keep the stock. Long-term, these are bad bets as each expired contract will offset earnings, but if you foresee a near-term steep drop in the stock price but aren't quite sure, a put option is good peace of mind. A sell stop order is generally cheaper, but less reliable. You set a trigger price, say a loss of 10% of the stock's current value. If that threshold is reached, the stop order becomes a sell order and the broker will sell the stock on the market, take his commission (or a fixed price depending on your broker) and you get the rest. However, there has to be a buyer willing to buy at that price at the moment the trigger fires; if a stock has lost 10% rapidly, it's probably on the way down hard, and the order might not complete until you realize a 12% loss, or a 15%, or even 20%. A sell stop limit (a combination stop order and limit order) allows you to say that you want to sell if the stock drops to $X, but not sell if it drops below $X-Y. This allows you to limit realized losses by determining a band within which it should be sold, and not to sell above or below that price. These are cheaper because you only pay for the order if it is executed successfully; if you never need it, it's free (or very cheap; some brokers will charge a token service fee to maintain a stop or stop limit). However, if the price drops very quickly or you specify too narrow a band, the stock can drop through that band too quickly to execute the sell order and you end up with a severely depreciated stock and an unexercised order. This can happen if the company whose stock you own buys another company; VERY quickly, both stocks will adjust, the buying company will often plummet inside a few seconds after news of the merger is announced, based on the steep drop in working capital and/or the infusion of a large amount of new stock in the buying company to cover the equity of the purchased company. You end up with devalued stock and a worthless option (but one company buying another is not usually reason to sell; if the purchase is a good idea, their stock will recover). Another option which may be useful to you is a swaption; this basically amounts to buying a put option on one financial instrument and a call on another, rolled into one option contract specifying a swap. This allows you to pick something you think would rise if your stock fell and exchange your stock for it at your option. For example, say the stock on which you buy this swaption is an airline stock, and you contract the option to swap for oil. If oil surges, the airline's stock will tank sharply, and you win both ways (avoiding loss and realizing a gain). You'd also win if either half of this option realized a gain over the option price; oil could surge or the airline could tank and you could win. You could even do this \"\"naked\"\" since its your option; if the airline's stock tanks, you buy it at the crashed price to exercise the option and then do so. The downside is a higher option cost; the seller will be no fool, so if your position appears to be likely, anyone who'd bet against you by selling you this option will want a pretty high return.\""}
{"_id": "115653", "title": "", "text": "Have you tried your local panhandler? She/He will probably accept 50\u20ac in small change."}
{"_id": "115658", "title": "", "text": "&gt;Yes. The lack of insight and superficial treatment of the subject...  I am sure if you were a bit more specific in your first post it would have been more helpful. That remark left me wondering if you were attacking the author.   Anyway I think he made a few points clear though I felt the article missed a vital insight: *Uber doesn't have a sustainable competitive advantage in the long run.* They have been competing on price to beat Lyft that's why they had to resort to this cheap tactic. The illegal business model is a mere symptom."}
{"_id": "115678", "title": "", "text": "Its been years since I lived there, but I found Seattle to be pretty expensive.  Housing costs seem out of line with expected salaries.  Coming from Puerto Rico you might be shocked how expensive it is to live there, and also how infrequently you see the sun. Your question is highly subjective.  One person would need 100K to cover those things you are talking about, while others would need less then 30K.  Also where you live in the Seattle area makes a difference.  Will you be in Redmond or Bothell?  Housing costs vary considerably. One nice thing about that part of the country is can be very inexpensive to vacation.  A fishing license, a packed lunch, and a bit of gas is all that is necessary to really enjoy that part of the country.   Back in the day I used to ski Steven's Pass during the week, and the lift tickets were a 1/3 of the weekend rate.  Having hiking/camping gear and or a bicycle is also a good way to enjoy life. Bottom line I would make a budget, and go from there.  If you intend on retiring in PR, then you would need a lot less then if you choose to remain in Seattle so even that is subjective. Perfect Example, Marysville, which is way out of town so a commute would be a problem.  However, unlike many parts south of Seattle, it is safe and nice.  ~200K for a 1200 sq ft home.  Holy cow.   Here in Orlando, figure about 130K for the same home with less of a commute.  And you will see the sun more than 5 days per year."}
{"_id": "115691", "title": "", "text": "I think raising it is ok but not to 15 dollars thats ridiculous. I am a minimum wage worker i work 30 hours a week currently plus high school so from my point of view i think we should raise it by maybe 1\u00d7 or 1.25. I only pay two bills a 125 dollar car payment and 240 insurance pluse my expenses for gas. Those are my only expenses that i can not cut and even after just that i have very little left to save. But with a dollar or so more an hour ot would increase my saving potential by alot and give me a little more breathing room.  I am an untrained and inexperienced qorker i do not deserve 15 an hour but i feel like 8.25-8.50 is reasonable."}
{"_id": "115694", "title": "", "text": "Yup, 2 million paying customers per month seems far-fetched, although from experience my Mother is big into geneologly and easily drops 10-20$ per request at some of the other online registries. Old people = loads of time = loads of money, not very tech saavy, so it could be possible."}
{"_id": "115702", "title": "", "text": "With number of Banks increasing every country at some point in time adopted an Identification code. In US these are called ABA number because they are allocated by American Bankers Association, in UK Sort Codes ... like wise for other countries. See list here http://en.wikipedia.org/wiki/Bank_code In some countries the numbers are given by Central Bank.   To enable internationl payments, the SWIFT body apart from message formats, allocated a  SWIFT BIC [Bank identification Code] so that Banks can be globally identified. Currently  IBAN being adopted in Europe & Australia to identify an Account [at a Bank] Uniquely across globe. In essence these number help uniquely identify a Location/Bank/Branch. The clearing house route the payments or collection instruments to the correct Bank on the basis of this number."}
{"_id": "115706", "title": "", "text": "It's even worse than that.  When a whistleblower brought it up they were illegally fired and blacklisted from getting a job at any other bank as well.  https://boingboing.net/2016/10/31/wells-fargo-blackballed-employ.html  http://money.cnn.com/2017/07/21/news/wells-fargo-whistleblower-back-wages/index.html  The fact that nobody in Wells Fargo management is in jail and their sole punishment was a slap on the wrist (A few hundred million for a bank this size is pretty minor.  Their annual revenue is something like $15 Billion) is an absolute travesty."}
{"_id": "115709", "title": "", "text": "\"Sometimes an assumptions is so fundamentally flawed that it essentially destroys the relevance and validity of any modelling outputs.  \"\"Obviously, we're assuming the company can pay it back\"\"  Is one of those assumptions.  The person gets a notes stating that they will get $525 'IN ONE YEAR' You need to divide $525/(1+Cost of Capital)^n n being the number of periods to find out what the note will be worth today.  Google 'Present Value of an Annuity' to deal with debt that is more complex than you have $500 now and give me $525 in a year...\""}
{"_id": "115712", "title": "", "text": "fine because the application was declined anyway. No it isn't fine. Credit card applications generally need a hard pull, so get it rectified. Firstly check if an application was really made on your behalf. Some companies use this ploy to pull you into a scheme of making you apply for a credit card. Secondly call up the credit card company and ask them about the details of who had made the application as you haven't done so and inform them that it was a fraudulent application. It might be somebody is using your personal details to do a identity theft in your name. Thirdly get in touch with the credit rating firms and see if a check has been made on your credit report. Dispute it if you see a check in your record and have it removed from your report. If you subscribe to credit agency, get the identity theft protection, helps you in such cases. And finally keep a diligent eye on your credit records from now on. Once bitten, twice shy."}
{"_id": "115716", "title": "", "text": "1) It wasn't an oil rig - it was pipelines in the Midwest  2)It was insanely easy work - it required no education (half the crew I worked with were high school dropouts).  Most of it was mowing grass and weeds, digging, and using a metal detector like device."}
{"_id": "115717", "title": "", "text": "Simply, you should put your money into whatever has the higher interest rate, savings or repayment of debt. Let's say at the beginning of month A you put $1000 into each account. In the case of the savings, at the end of month A you will have $1001.6 ($1000 + 1000 x 2% annual interest / 12) In the case of a loan, at the end of month A you will have $1005.7. ($17000 plus 6.8 interest for one month is 17096.3. On $16000, the new value is 16090.6.  The difference between these is $1005.7. 5.7 / 1.6 = 3.56 Therefore, using your money to repay your loan nets you a return about 3.5 times greater."}
{"_id": "115719", "title": "", "text": "While I agree, I\u2019d also add some skills require foundational knowledge. In the development space, many companies made the switch to Agile/DevOps without understanding the nuanced cultural shift that comes with it. In this case, companies oftentimes invest heavily into training and learning to rise the cumulative understanding so that teams can go actually practice it day to day."}
{"_id": "115741", "title": "", "text": "We don't have a good answer for how to start investing in poland.  We do have good answers for the more general case, which should also work in Poland.  E.g. Best way to start investing, for a young person just starting their career? This answer provides a checklist of things to do.  Let's see how you're doing:   Match on work pension plan. You don't mention this.  May not apply in Poland, but ask around in case it does.  Given your income, you should be doing this if it's available.   Emergency savings. You have plenty.  Either six months of spending or six months of income.  Make sure that you maintain this.  Don't let us talk you into putting all your money in better long term investments.   High interest debt. You don't have any.  Keep up the good work.   Avoid PMI on mortgage. As I understand it, you don't have a mortgage.  If you did, you should probably pay it off.  Not sure if PMI is an issue in Poland.   Roth IRA. Not sure if this is an issue in Poland.  A personal retirement account in the US.   Additional 401k. A reminder to max out whatever your work pension plan allows.  The name here is specific to the United States.  You should be doing this in whatever form is available.   After that, I disagree with the options.  I also disagree with the order a bit, but the basic idea is sound:  one time opportunities; emergency savings; eliminate debt; maximize retirement savings.  Check with a tax accountant so as not to make easily avoidable tax mistakes.   You can use some of the additional money for things like real estate or a business.  Try to keep under 20% for each.  But if you don't want to worry about that kind of stuff, it's not that important.  There's a certain amount of effort to maintain either of those options.  If you don't want to put in the effort to do that, it makes sense not to do this.   If you have additional money split the bulk of it between stock and bond index funds.  You want to maintain a mix between about 70/30 and 75/25 stocks to bonds.  The index funds should be based on broad indexes.  They probably should be European wide for the most part, although for stocks you might put 10% or so in a Polish fund and another 15% in a true international fund.   Think over your retirement plans.  Where do you want to live?  In your current apartment?  In a different apartment in the same city?  In one of the places where you inherited property?  Somewhere else entirely?  Also, do you like to vacation in that same place?   Consider buying a place in the appropriate location now (or keeping the one you have if it's one of the inherited properties).  You can always rent it out until then.  Many realtors are willing to handle the details for you.   If the place that you want to retire also works for vacations, consider short term rentals of a place that you buy.  Then you can reserve your vacation times while having rentals pay for maintenance the rest of the year.   As to the stuff that you have now:   Look that over and see if you want any of it.  You also might check if there are any other family members that might be interested.  E.g. cousins, aunts, uncles, etc.  If not, you can probably sell it to a professional company that handles estate sales.  Make sure that they clear out any junk along with the valuable stuff.   Consider keeping furniture for now.  Sometimes it can help sell a property.   You might check if you want to drive either of them.  If not, the same applies, check family first.  Otherwise, someone will buy them, perhaps on consignment (they sell for a commission rather than buying and reselling).   There's no hurry to sell these.  Think over whether you might want them.   Consider if they hold any sentimental value to you or someone else.  If not, sell them.  If there's any difficulty finding a buyer, consider renting them out.  You can also rent them out if you want time to make a decision.  Don't leave them empty too long.  There's maintenance that may need done, e.g. heat to keep water from freezing in the pipes.   That's easy, just invest that.   I wouldn't get in too much of a hurry to donate to charity.  You can always do that later.  And try to donate anonymously if you can.  Donating often leads to spam, where they try to get you to donate more."}
{"_id": "115745", "title": "", "text": "really?  American airlines accepted the rules because they couldn't be bothered nor did they want the risks inherent in implementing security themselves.  This is the bargain they accepted so they wouldn't be sued out of existence post 9-11.  They basically dumped their fiduciary responsibility on the American taxpayer."}
{"_id": "115756", "title": "", "text": "To get a good estimate, go here  or other similar sites and see.  But basically, yes, you can save yourself a whole lot of money just by paying extra every month.  One note though, do make sure you are specifying that you want the money to go towards principal, not escrow or toward prepaying interest."}
{"_id": "115763", "title": "", "text": "\"Yes. Your original fucking comment was that taxation and paying taxes is *moral*. Not that it is reality. If you had said \"\"We have to pay taxes as it stands now and if we don't we'll get thrown in jail.\"\" I would have agreed.  But you waxed poetic about how it's the good, wholesome, moral thing to do. That is what I took issue with.  Do not make points if you refuse to defend them.\""}
{"_id": "115772", "title": "", "text": "Insiders (those who are aware of non-public material information, not necessarily employees) are the ones who actually cannot sell once they learned about whatever, by law. Martha Stewart went to jail for that. Any such deviation from the norm triggers abnormal response and avalanche of rumors, so by default investors assume something bad and try to minimize the loss. When dealing with a tiny company (market cap of less than 15M) with a tiny market volume (6.2M), the swings can be very significant. For such a small company, it is safe to assume that something happened that lead them to delay the conference call, and since they didn't tell what happen, investors assume the worst. It might end up as the CEO and CFO having bad stomach after celebrating 100% growth in revenue they were going to announce, but you'll have to wait and see...."}
{"_id": "115781", "title": "", "text": "\"amway brainwashes followers in to thinking that they are participating in the most sophisticated business in the world. Also they teach followers that people who either hate or question them is \"\"ignorant, narrow-minded haters who cannot adapt to advanced business\"\".   My friend is also stuck in Amway and he keeps telling me about his friend and family being \"\"jerks\"\" for criticizing him. Also they are like a cult because they always have a Amway meeting discussing business plans and they try to label anyone who tries to leave as \"\"traitors\"\". Also the fact that many quit jobs and lose friends for MLM and they already spent bunch of time and money makes it impossible to turn back.\""}
{"_id": "115797", "title": "", "text": "Not at all alarmed.  I've cut out TV since 1999 and this antiquated business model deserves to collapse.  The only people I know who watch TV traditionally are over 60.  It is time for a new business model."}
{"_id": "115802", "title": "", "text": "here is what I have learned with multiple close encounters with bankruptcies: ask yourself.. what if I save vs what if I spend? say you like a new shirt.. ask yourself what can you do saving $40 vs rewarding yourself/your well wishers right away? you will end up spending. just like you the other person needs money. he/she is doing a work. ask yourself what if you are in his/her situation. you would obviously want others to be happy. so spend. I think these two should be good. I must add that you should NOT be wasteful. Eg.. buying a handmade shoes vs corporation made shoes? choose handmade one because it fits above two. buying a corporate one would be more polluting and less rewarding because you just gave your money to someone who already has lots and cares least about you. in what way are you saying mortgage is good? I see that as a waste. you can pay back your mortgage only when someone takes even bigger mortgage (check with some maths before refuting)... in other words you have taken part in ponzi scheme.! I would suggest making a house vs buying one is better spending. finally spending is a best saving.. don't forget that you are getting money only because someone is spending wisely. stop feeding your money to corporates and interests and everyone will have plenty to spend."}
{"_id": "115806", "title": "", "text": "\"edit: it has been pointed out this is a false quote and that Lincoln actually said this:  As early as 1847 (lincoln) had written, \"\"To secure to each labourer the whole product of his labour, or as nearly as possible, is a most worthy object of any good government,\"\" which was remarkable for a prairie lawyer of that time. Speaking in New England in 1860, he praised the right to strike, as then being exercised by the shoemakers of Lynn. His clear assertion of the labor theory of value in the 1861 message ; \"\"Labor is prior to, and . . . superior to capital\"\" \u2014 and his answers to the addresses of workingmen abroad and at home gave a color of Marxism to his thinking. He was, surely, the best friend labor ever had in the White House.: source http://www.snopes.com/quotes/lincoln.asp\""}
{"_id": "115814", "title": "", "text": "Does it make sense for stocks to earn a premium indefinitely? Yes. There is good reason to think that the stock market will make money indefinitely: the stock market is the primary mechanism through which investors bear market risk, which requires compensation.  If you think of all the owners of firms (stockholders and bondholders, generally) the risk premium that stocks earn stocks is the way bondholders pay equityholders to bear the risk that they do not wish to. Will stock prices always go up in the long run? As long as companies pay out less in dividends than their profit, prices will go up.  That could change if we were to change our corporate culture and/or tax practices so that firms paid out more in dividends.  However, for the purposes of your question, I think it doesn't matter much whether the investor makes money as dividends or capital gains. Does the 5-7% guess apply only to the US market? I didn't write (nor read) the books in question, but most likely that is a global number.  The US dominates the global equity market, so it's often a good proxy.  However, international returns taken together have no less risk and earn no less over long horizons in general.  The particular examples you have pointed out are special cases that only apply to a part of the global economy and a particular time period.  There are plenty of examples of stock markets and time periods that did much better than the US market to offset your examples. Is 5-7% a reasonable long-term estimate of equity returns? Equity will always earn more in expectation than risk-free securities will.  How much more depends on major economic factors.  5-7% has been a good estimate for the market risk premium for many, many decades (stocks should earn this plus whatever the risk-free rate is).  However, that is just an empirical observation, not a rule.  It can change.  Some day technological progress could slow down or stop, we could run out of important resources in a way that we can't compensate for, our population permanently could stop growing, aliens could invade, etc.  Down the road it is certainly possible for expected equity returns to go down and never go back up again.  This would result from a permanent, global, economic shift that I think would be pretty obvious.  That is, you wouldn't have to look at stock prices to know it was happening."}
{"_id": "115815", "title": "", "text": "\"Free, huh? From their Commission and Fee Schedule:  So if you literally bought two shares, then the SEC added one penny in fees and FINRA added one penny as a \"\"Trading Activity Fee\"\" Note that there are several other fees on their schedule that may not apply to you. If you had bought 100 shares instead, your total fees would have still been only 2 cents, but you would have lost $4 on the trade.  So the fees are minuscule when you start doing larger orders.   However, That should not discourage you from experimenting and learning.  I'd rather pay 2 cents in fees on a 4 cent loss than 2 cents in fees on a $400 loss.  Just chalk it up to the cost of experience.\""}
{"_id": "115817", "title": "", "text": "All value given to products is subjective and is different from person to person.  It can also vary for the same person from year to year, month to month, day to day, or even hour to hour as a person analyzes different products and prices to determine which imparts the most value to him or her at a given point in time. In regards to losing money in your investment accounts.  This reminds of a book I read on Jesse Livermore.  Jesse was a famous stock broker who made millions (in the 1920's so he would be a billionaire in today's money) in the stock market multiple times.  Jesse felt like  you - he felt like after a while the losses on paper did not seem to concern him as much as he thought it should.  He thought it was due to the investment accounts being simply being numbers on papers and not cold, hard cash. So what did Jesse do to remove the abstract nature of investment accounts?   From here: Livermore always sold out all his positions at the end of every year   and had the cash deposited in his account at the Chase Manhattan Bank.   Then he would arrange with the bank to have the money, in cash, in the   bank\u2019s vault in chests. \u201cThere was a desk, a chair, a cot and an easy   chair in the middle of the cash.\u201d On the occasion described in 1923,   there was $50 million in cash.  In the corner was a fridge with food,   enough for a few days. There was lighting installed. Then, like   Scrooge McDuck, Livermore would have himself locked in the vault with   his cash. He would stay a couple of days and \u201creview his year from   every aspect.\u201d  After his stay was over, he would fill his pockets with cash and go on   a shopping spree.   He would also take  a vacation and not re-enter   the market until February. But unlike Scrooge McDuck, this was not the act of a miser, explains   Smitten.  Livermore lived a world of paper transactions all year long.   He believed that \u201cby the end of the year he had lost his perception of   what the paper slips really represented, cash money and ultimately   power.\u201d  He \u201cneeded to touch the money and feel the power of cash.\u201d It   made him re-appraise his stock and commodity positions. Imagine the $60,000 from your investment account sitting on your kitchen table.  Imagine seeing $1,000 dumped into the trash can one day.  I know I would appreciate the money much more seeing that happen."}
{"_id": "115843", "title": "", "text": "The universal and common regulation of thumb for windsocks is as follows \u2013 sloping in the direction of the wind: 3 knots, half way extended: 7.5 knots and completely unmitigated: 15 knots or more. It is designed in bright and in colorful patterns. These are not predominantly efficient and more often than not for adornment, on the other hand they can be executed as a fundamental funnel to wind direction and speed."}
{"_id": "115846", "title": "", "text": "\"Work hard, be loyal, save your pennies and in the end? You get screwed.  Employees not getting what they were promised is only part of the problem. The more important issue is the death of the average worker's faith in the Capitalist system. The \"\"American Dream\"\" is now a cruel joke.  The bankers and right-wing wealthy are destroying America with their greed. And to anyone who would argue that it's the union that's to blame for being greedy, all I can do is point to the Pentagon budget and ask, \"\"Why is there plenty of money for useless war while Americans lose their homes?   Criminals with degrees in economics and foolish politicians are stealing from us all. My hope is that \"\"we the people\"\" drive them all to Hell some day soon.\""}
{"_id": "115848", "title": "", "text": "&gt;The interesting thing for me - In Ireland's case they need to have a refurendum. I wonder if they will accept this?  It's not clear cut whether we need a referendum.  It's a common misconception that all Treaty changes require a referendum in Ireland. Not so. In Crotty v An Taoiseach it was accepted by the Supreme Court that joining the EEC (as it then was) involved getting on board a moving train and that even the assignment of new competences to Europe would not necessarily necessitate a referendum. Any change in the fundamental scope of the Union would however require a referendum. In that case the introduction of a Common Foreign and Security Policy and qualified majority voting was a change in scope and referendum was necessary.  In this case, it's hard to tell. The EU already has some competence in this area - its possible to levy fines etc for breaches of the stability and growth pact already. I couldn't predict how the Supreme Court would characterise giving the Court of Justice oversight in this area. They will feel presssure from many corners in this case as well - holding in favour of a referendum might be seen as threatening economic disaster, while holding against would undermine democratic legitimacy.  If there is a referendum, I predict it will go down like a lead balloon. Forcing the Lisbon Treaty on the electorate twice gave rise to enough resentment - botching the recovery and being seen to enforce austerity on the country made it worse. I imagine support for the EU is at an all time low in this country."}
{"_id": "115854", "title": "", "text": "\"**Tragedy of the commons**  The tragedy of the commons is an economic theory of a situation within a shared-resource system where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling that resource through their collective action. The concept and name originate in an essay written in 1833 by the Victorian economist William Forster Lloyd, who used a hypothetical example of the effects of unregulated grazing on common land (then colloquially called \"\"the commons\"\") in the British Isles. The concept became widely known over a century later due to an article written by the ecologist Garrett Hardin in 1968. In this context, commons is taken to mean any shared and unregulated resource such as atmosphere, oceans, rivers, fish stocks, or even an office refrigerator.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "115862", "title": "", "text": "My experience with owning a home is that its like putting down roots and can be like an anchor holding you to an area.  Before considering whether you can financially own a home consider some of the other implications. Once you own it you are stuck for awhile and cannot quickly move away like you can with renting.  So if a better job opportunity comes up or your employer moves you to another office across town that doubles your commute time, you'll be regretting the home purchase as it will be a barrier to moving to a more convenient location.   I, along with my fianc\u00e9e and two children, are being forced to move out of my parents home ASAP.  Do not rush buying a home.  Take your time and find what you want.  I made the mistake once of buying a home thinking I could take on some DIY remodeling to correct some features I wasn't fond of.  Life intervenes and finding extra time for DIY house updates doesn't come easy, especially with children.   Speaking of children, consider the school district when buying a home too.  Often times homes in good school districts cost more.  If you don't consider the school district now, then you may be faced with a difficult decision when the kids start school.   IF you are confident you won't want to move anytime soon and can find a house you like and want to jump into home ownership there are some programs that can help first time buyers, but they can require some effort on your part.  FHA has a first time buyer program with a 3.5% down payment.  You will need to search for a lender that offers FHA loans and work with them.  FHA covers this program by charging mortgage insurance every month that's part of your house payment. Fannie Mae has the HomeReady program where first time home buyers can purchase a foreclosed home from their inventory for as little as 3% down and possibly get up to 3% from the seller to apply toward closing costs.  Private mortgage insurance (PMI) is required with this program too.  Their inventory of homes can be found on the https://www.homepath.com/ website. There is also NACA, which requires attending workshops and creating a detailed plan to prove you're ready for homeownership.  This might be a good option if they have workshops in your area and you want to talk with someone in person. https://www.naca.com/about/"}
{"_id": "115867", "title": "", "text": "The article addresses market wages. Also, as others have pointed out, under the regular pay scheme jumping companies every couple of years so that you can get a salary that reflects your current skill set and responsibilities is the norm."}
{"_id": "115868", "title": "", "text": "In the end, I was not required to pay the fee. After some frustrating initial attempts, I ended up writing a letter and sending a copy to card services, customer support, complaints and the legal department. It basically said: 1 - I never signed anything. 2 - I spoke to a very aggressive person at the airport who told me that she was just taking down my information in order to send information about the card, and that I was under no obligation 3 - I never received a card, activated a card, or used a card. 4 - I want this charge canceled immediately  5 - If this ever shows up on my credit report, I will contact my lawyer regarding this unscrupulous business practice. After that I received a notice in the mail confirming that everything had been cancelled and all charges were reversed."}
{"_id": "115877", "title": "", "text": "\"&gt; Most people are  \"\"Will this job make me popular?\"\" is a pretty uncommon consideration when making career choices.  There's no \"\"Jobs that Increase Your Popularity\"\" category on Monster.com!  \"\"How much will this job pay me?\"\" is, and will always remain, the most important consideration for people looking for a job.\""}
{"_id": "115878", "title": "", "text": "Lol. What on earth are you talking about? I was not saying waaa poor janitor. I was saying in NY $112k is solidly middle class salary because janitors and cops and nurses and firemen and construction laborers make that salary. 529 plans help these typically middle class occupations to put money aside for college."}
{"_id": "115882", "title": "", "text": "Actually, the EU alone supplies over 40% of all imported Russian fruit and chicken, with that number rising to over 85% in major cities.  Which makes sense, considering the EU is Russia's closest and most important trading partner. It looks like the Kremlin doesn't want it's people to know just how bad it's about to hurt them."}
{"_id": "115884", "title": "", "text": "For a 401(k), only contributions that you make for the current tax year through payroll deduction are tax-deductible.  Those contributions are subtracted off of your income for your W-2 Box 1 income amount.  If you make a manual contribution to your 401(k) outside of that, it is not tax deductible, and there is nowhere on your Form 1040 to deduct it. Your commuter benefits are also paid for out of payroll deduction and deducted on your W-2, so this is not an option, either. You could contribute to a traditional IRA for last year up to your tax return deadline, and deduct the amount on Form 1040 Line 32.  However, because you have access to a retirement plan at work, your IRA contribution is only tax deductible if your income is below certain limits."}
{"_id": "115888", "title": "", "text": "If a person owes someone money, he can be sued for it, and forced to pay via court order. It is completely irrelevant who that person owes money to (here: a not specified 'estate'), and irrelevant what source they get money from (here: life insurance payout). What makes you think there is any special combination that allows the owing person to not pay their debt? If it would exist, everybody would use it to get out of his debt."}
{"_id": "115890", "title": "", "text": "I don't believe there is such a process.  My observation (i.e. my opinion) is that banks will have a level of security walls appropriate to the cost vs risk they experience. Since as Frazell says, your liability is limited for this type of fraud, you personally bear little if any risk.  If this fraud were common enough that the cost of your proposal outweighed the expense, they would implement it.  On a similar note. Credit card fraud can be reduced ten fold if a PIN were required for all purchases. The 3 digits on the back helps prove the card is there, and you just didn't steal the from 16 digits, but a 6-8 digit PIN required at point of sale would be tough for the thief to guess. How much software to do this would cost, I don't know, but the idea is brilliant, even if it's mine. 10 fold reduction, if not 100 fold. (Any bank guys reading?)"}
{"_id": "115899", "title": "", "text": "\"From the perspective of a small business owner:  First there are no entry level positions.  There are only lower paying positions and higher paying positions.  Get the idea that employers are supposed to be your post secondary education out of your mind.  Replace that with working your ass off and impressing employers with your skill set.  The reality is I make a hiring decision based first on these two accounting factors. #1 How much do I have to invest in this person to make them effective #2 How long until this person is covering his/her own overhead and begin to turn a profit. Then you get into \"\"is this person going to fit with my team\"\" etc..  I am always going to choose the person that has the best return formula for my business.  Here's a hint, it's the same formula for choosing vendors and making capital purchases.  It's also the very same formula that my customers use when they consider buying from me.  Even a single person in my organization that doesn't fit that formula will cost me business through the loss of customers or not getting a customer we're going after.  For me it works, for candidates looking for a career guidance councilor, it does not. In the capitalist economy my job is to make sure the lights are on, the products or services are good, and your paycheck clears.  If you like me doing my job, then your job is to make me more money, keep my customers happy, and bring new customers to the company.  Entry level doesn't do that so there are no entry level jobs in my company.\""}
{"_id": "115916", "title": "", "text": "One option is that the buyer brings cash and you together with the buyer go the bank where you have an account and deposit the money there - then the bank checks the cash and once the cash is accepted you no longer care if it was counterfeit. Once money is deposited you handle the keys."}
{"_id": "115917", "title": "", "text": "They're both successful in their own manner and they both likely work hard, but with clearly different methods and goals. The guy who writes a few financial blog posts each week is still working hard to broaden his views and completely understand what he's writing on. It may take him only 2 hours to start and finish his post, but it takes days/weeks/months curating and understanding everything that went into it."}
{"_id": "115918", "title": "", "text": "\"Probably the most significant difference is the Damocles Sword hanging over your head, the Margin Call. In a nutshell, the lender (your broker) is going to require you to have a certain amount of assets in your account relative to your outstanding loan balance. The minimum ratio of liquid funds in the account to the loan is regulated in the US at 50% for the initial margin and 25% for maintenance margins. So here's where it gets sticky. If this ratio gets on the wrong side of the limits, the broker will force you to either add more assets/cash to your account t or immediately liquidate some of your holdings to remedy the situation. Assuming you don't have any/enough cash to fix the problem it can effectively force you to sell while your investments are in the tank and lock in a big loss. In fact, most margin agreements give the brokerage the right to sell your investments without your express consent in these situations. In this situation you might not even have the chance to pick which stock they sell. Source: Investopedia article, \"\"The Dreaded Margin Call\"\" Here's an example from the article: Let's say you   purchase $20,000 worth of securities   by borrowing $10,000 from your   brokerage and paying $10,000 yourself.   If the market value of the securities   drops to $15,000, the equity in your   account falls to $5,000 ($15,000 -   $10,000 = $5,000). Assuming a   maintenance requirement of 25%, you   must have $3,750 in equity in your   account (25% of $15,000 = $3,750).   Thus, you're fine in this situation as   the $5,000 worth of equity in your   account is greater than the   maintenance margin of $3,750. But   let's assume the maintenance   requirement of your brokerage is 40%   instead of 25%. In this case, your   equity of $5,000 is less than the   maintenance margin of $6,000 (40% of   $15,000 = $6,000). As a result, the   brokerage may issue you a margin call. Read more: http://www.investopedia.com/university/margin/margin2.asp#ixzz1RUitwcYg\""}
{"_id": "115919", "title": "", "text": "I graduated with a Computer Engineering degree in the mid 2000's, my first job out of school paid $70k. Every job I took after that increased my income 10-15%, and I jumped around *a lot*.   Anyway, the $250k jobs aren't really a SF thing, you can find them all over if you have enough experience (at least 10 years under your belt). I see $150-175k jobs all the time here in Dallas, if you factor in a generous 401k and other benefits you can get pretty darn close to $250k, and the cost of living here is pretty cheap.   I totally agree that the degree isn't all that important once you get started, that's why I encourage people to put effort into cultivating a professional network. Maintain your linkedin profile, and never stay with the same employer for more than 2 years. Jumping ship will give you new skills and greatly expand your professional network. It's not  particularly difficult unless you're an introvert (which lots of tech type folks are), but that just means you'll have to work a little harder at it."}
{"_id": "115922", "title": "", "text": "Tax brackets refer to the range of taxable within which you fall. An income tax bracket usually refers to federal or state tax, not the combined rate. I have put here the tax brackets for 2016 for IRS and State of California.  https://www.irs.com/articles/2016-federal-tax-rates-personal-exemptions-and-standard-deductions  https://www.ftb.ca.gov/forms/2016-california-tax-rates-and-exemptions.shtml According to those, a taxable income of 100,000USD would fall in the 28% bracket for the IRS and 9.30% for State of California. The combined rate is therefore 37.3%. However, this does not mean you would pay 37,300USD. First of all, your applicable tax rate applies only for each dollar in your tax bracket (e.g. 28% * 8,849USD for IRS). Therefore, to calculate your combined taxes you would need to do:  Therefore, your effective tax rate would be much lower than the combined tax rate of 37.3%. Now do note that this is an example to illustrate tax brackets and is nowhere near the amount of taxes you would be required to pay because of various credits and deductions that you would be able to benefit from. Edit: As suggested in the comments, a note on marginal tax rate (referred to here as combined tax rate). This is the rate of taxes paid on an additional dollar of income. Here, every additional dollar of income would be taxed at 37.3%, leaving you with 62.7 cents."}
{"_id": "115932", "title": "", "text": "There is no best way, you can send the money to India or invest into shares in US. It depends on the risk you are ready to take."}
{"_id": "115935", "title": "", "text": "\"The real answer is to talk to the bank. In the case of the last car loan I got, the answer is \"\"no\"\". When I asked them about rates, they gave me a printed sheet that listed the loan rates they offered based on how old the car was, period. I forget the exact numbers but it was like: New car: 4%, 1 year old: 4.5%, 2-3 years old 5%, etc.  I suspect that at most banks these days, it's not up to the loan officer to come up with what he considers reasonable terms for a loan based on whatever factors you may bring up and he agrees are relevant. The bank is going to have a set policy, under these conditions, this is the rate, and that's what you get. So if the bank includes the size of the down payment in their calculations, then yes, it will be relevant. If they don't, than it won't. The thing to do would be to ask your bank. If you're only borrowing $2000, and you've managed to save up $11,000, I'd guess you can pay off the $2,000 pretty quickly. So as Keshlam says, the interest rate probably isn't all that important. If you can pay it off in a year, then the difference between 5% and 1% is only $80. If you're buying a $13,000 car, I can't imagine you're going to agonize over $80. BTW I've bought two cars in the last few years with about half the cost in cash and putting the rest on my credit card. (One for me and one for my daughter.) Then I paid off the credit card in a couple of months. Sure, the interest rate on a credit card is much higher than a car loan, but as it was only for a few months, it made very little real difference, and it took zero effort to arrange the loan and gave me total flexibility in the repayment schedule. Credit card companies often offer convenience checks where you pay like 3% or so transaction fee and then 0% interest for a year or more, so it would just cost the 3% up front fee.\""}
{"_id": "115947", "title": "", "text": "\"Can an employer force a person to take a stock?   From what I understand an employer can only offer stock options, doesn't that mean that the employee has to exercise that option in order for the stock to be valid?  Would it be legal to fire me for refusing a bonus?  Furthermore would owning stock necessarily make you an \"\"owner\"\" for the purposes of said law?\""}
{"_id": "115956", "title": "", "text": "Oh that's bullshit, it was at 12% when Obama took office. Oh fyi, just in case you don't comprehend, all the job growth is still from Obamas budget. Meaning the stimulus, and social spending is from Obama.  Although we will ignore that, we will ignore that it was at 6.8% in 2014, 5.5% in 2015, and 4.8% in 2016."}
{"_id": "115963", "title": "", "text": "Let\u2019s try the more straightforward approach again:  The current state of Economics doesn\u2019t take into consideration the human condition.  As you have done yourself, it refuses to even admit that the human condition should be a factor it considers.  But when humans are in dire straights, we find their economic position is pitted directly against their human condition.  Which of these two will win?  Hint: Not the current economic system, unless it starts accounting for and being tolerant of the human condition.  How could I possibly know that?  Humans created the economic system.  It is not an innate part of their condition, contrary to what many would suggest.  When faced with two opposing forces, humans will ALMOST always destroy the weaker of the two, to end the conflict.  Humans can not destroy the human condition.  Feelings DO have an impact on the economy.  Trust and loyalty, love and hate, all impact it.  When we let the economy lead to suffering, we design its own downfall.  If the economic system could, instead, be seen as ONLY a trade structure that backs off when other influences come to bear, it could survive.  But the current Capitalist structure tries to place money above all else.  So of course it is seeing problems."}
{"_id": "115968", "title": "", "text": "Is this even legal? How can a bank refuse to deposit legal tender in   the United States? Legal for all debts, public or private, doesn't mean quite what I used to think, either.  Per The Fed: This statute means that all United States money as identified above is   a valid and legal offer of payment for debts when tendered to a   creditor. There is, however, no Federal statute mandating that a   private business, a person, or an organization must accept currency or   coins as payment for goods or services. Private businesses are free to   develop their own policies on whether to accept cash unless there is a   state law which says otherwise. Yes, they can refuse loose change. Also, they aren't refusing your deposit, just requiring that it be rolled. What do I do with my change? I do not want to spend the time rolling   it, and I am not going to pay a fee to cash my change. There aren't many other options, change is a nuisance. I believe Coinstar machines reduce/remove their fee if you exchange coins for gift cards, so that might be the best option for convenience and retaining value."}
{"_id": "115973", "title": "", "text": "Yes. It seems to me you got it right.  On my site, Stock Options Cafe, my last post was an illustration of a bullish call spread. In this case, I bought a 50 call, and sold the 60 call. This is a debit order as I was paying money, not collecting a new premium."}
{"_id": "115984", "title": "", "text": "At Bella Vista Wedding, you will find professional &amp; skilled wedding videographer &amp; cinematographer in Virginia, Maryland &amp; Washington DC. With having 10 years of experience in the industry, we are passionate &amp; known for creating high quality, highly diverse wedding videos."}
{"_id": "115991", "title": "", "text": "\"What does your comment have to do with my comment? You say \"\"Apple only designs stuff\"\" as if that has some bearing on their net worth. Right now Apple's stock is worth about as much as *Google and Microsoft combined*, and they're sitting on about 60B in *cash*. They are *extremely* wealthy. They could do absolutely nothing for a very very long time and still stay in business.\""}
{"_id": "116003", "title": "", "text": "The Sears CEO, Eddie Lampert, is an Ayn Rand fanatic.  [This is what happens when you take Ayn Rand seriously](https://www.pbs.org/newshour/amp/making-sense/column-this-is-what-happens-when-you-take-ayn-rand-seriously)  In 2008, Sears CEO Eddie Lampert decided to restructure the company according to Rand's principles.  Lampert broke the company into more than 30 individual units, each with its own management and each measured separately for profit and loss. The idea was to promote competition among the units, which Lampert assumed would lead to higher profits. Instead, this is what happened, as described by Mina Kimes, a reporter for Bloomberg Business:  An outspoken advocate of free-market economics and fan of the novelist Ayn Rand, he created the model because he expected the invisible hand of the market to drive better results. If the company's leaders were told to act selfishly, he argued, they would run their divisions in a rational manner, boosting overall performance.  Instead, the divisions turned against each other \u2014 and Sears and Kmart, the overarching brands, suffered. Interviews with more than 40 former executives, many of whom sat at the highest levels of the company, paint a picture of a business that's ravaged by infighting as its divisions battle over fewer resources.  A close-up of the debacle was described by Lynn Stuart Parramore in a Salon article from 2013:  It got crazy. Executives started undermining other units because they knew their bonuses were tied to individual unit performance. They began to focus solely on the economic performance of their unit at the expense of the overall Sears brand. One unit, Kenmore, started selling the products of other companies and placed them more prominently than Sears' own products. Units competed for ad space in Sears' circulars\u2026Units were no longer incentivized to make sacrifices, like offering discounts, to get shoppers into the store.  Sears became a miserable place to work, rife with infighting and screaming matches. Employees, focused solely on making money in their own unit, ceased to have any loyalty to the company or stake in its survival.  We all know the end of the story: Sears share prices fell, and the company appears to be headed toward bankruptcy. The moral of the story, in Parramore's words:  What Lampert failed to see is that humans actually have a natural inclination to work for the mutual benefit of an organization. They like to cooperate and collaborate, and they often work more productively when they have shared goals. Take all of that away and you create a company that will destroy itself."}
{"_id": "116005", "title": "", "text": "Optimism, the art of seeing the good in most things and expecting good things in the future, will help you in your real estate agent career. While knowledge, experience and social skills are all very important parts of the agent's profession, optimism is something that builds confidence in yourself etc."}
{"_id": "116009", "title": "", "text": "\"Nothing \"\"happens\"\" to it. It works the same way regardless of whether you are a U.S. citizen or resident or not. Taxes and penalties work the same way on withdrawal. That said, if you are not in the U.S. and don't have any income in the U.S. in a particular year in the future, you can take advantage of the fact that your U.S. tax that year will probably be zero. Then, if you withdraw a little bit, even if they count as taxable income, your U.S. income will still be so low that it may be under your personal exemption, or if not at least it will be taxed in the lowest tax bracket.\""}
{"_id": "116017", "title": "", "text": "In the United States Short-term capital gains are taxed at rates similar to regular income which is 25% if you make less than $91,000 and 28% if you make more than that but less than $190,000. If you make more than $190,000 then the rate is 33%. If you hold the stock for a year or more than the tax rate is 15%, unless your income is less than $33,000 in which case there is no tax on long-term gains. As a general rule, the way to make money is to stay out of debt, so I cannot advise you to assume a mortgage. Financially you are better off investing your money. Much like you I bought a house with a mortgage using about $30,000 in a down payment about 20 years ago and I paid it off a few years ago. If I had to do it over again, I would have bought a shack (a steel building) for $30,000 and lived in that and invested my income. If I had done that, I would be about $500,000 richer today than I am now."}
{"_id": "116023", "title": "", "text": "\"I'd start by asking yourself why you need a business plan. Is it for you, or for raising funds?  If it's for you, I'd distinguish between \"\"writing a business plan\"\" and \"\"business planning.\"\" Not the same thing - there are much more time-efficient ways to do the latter, such as Business Model Generation and Customer Development.  If you're fund-raising, the content of your plan will depend on if you're seeking investment or bank loans. Being clear about the purpose of your plan, and the stage of your business, will help people better answer your question.\""}
{"_id": "116030", "title": "", "text": "if the deposit earned interest, you could be liable for taxes on the interest earned. If it ended up in a checking account, then you will not be liable for any taxes since checking accounts do not earn interest anyway. Your bank may inquire about where these transfers are coming from and question the legality of it."}
{"_id": "116044", "title": "", "text": "Fisher Capital Management:    Boiler Room     Neighborhood: Logan Square 2210 N. California Ave. Chicago, IL 60647 773-276-5625http://www.boilerroomlogansquare... Photos User Photos   Update/correct listing | Upload your photo Hours: 4 p.m.-2 a.m. Monday-Friday; noon-3 a.m. Saturday; noon-2 a.m. Sunday Cuisine: Pizza Meals Served: Dinner and Lunch Reservations: Not Accepted Alcohol: Full Bar Admission Price: No cover Bar Style: Neighborhood More Details \u00bb Add to favorites Add to playlist View Menu Russ and Desiree Grant (Street Side, Northside) again teamed up with Michael Noone (their partner atSimone's) to open Boiler Room. Like its Pilsen sibling, the bar has an industrial, eco-friendly aesthetic courtesy of reclaimed materials cobbled together by design firm Alter Ego. Bartenders serve cheap, hipster-approved drafts, craft brews and a tasty selection of cocktails. An open kitchen equipped with a Roto-Flex pizza oven cranks out huge thin-crust pies with seasonal toppings, sold by the whole pie or slice. The neighborhood is the focus here, so expect affordable price points (that means few drinks over $8) and a rock n' roll vibe (we love the $7.50 pizza-PBR-Jameson shot combo served daily). Hit the ATM before you arrive -- it's cash-only."}
{"_id": "116060", "title": "", "text": "It\u2019s more convenient for both you and the bank; its much simpler to handle things electronically than it is to go through paperwork. Also, its eco-friendly and by saying that they care about the environment, banks earn brownie points with environmentally-conscious customers."}
{"_id": "116064", "title": "", "text": "I think we're talking across each other.  I'm saying the behavior justifies an investigation.  You're saying there's no evidence of collusion.  Fine, we're both right.  I'm glad the special prosecutor is gathering more facts.  One more piece of data....  https://www.google.com/amp/amp.nationalreview.com/article/449376/donald-trump-jr-e-mails-proof-trump-campaign-attempted-collusion-russia  These guys do say that oppo research is not a contribution (which you also stated).  I still don't buy it."}
{"_id": "116069", "title": "", "text": "As I have told you, again and again and again, the government is actively enabling the wealthy with anti-competitive policies. I literally spelled it out for you in my previous comment. The wealthy get wealthier through cronyism.  Look at Amazon. Besos is quickly becoming the wealthiest man in the world, if he isn't already. How'd he get there, you might ask?  https://www.postaltimes.com/postalnews/why-the-post-office-gives-amazon-special-delivery/  This is not gonna get solved by giving the government more power. We've given the government so much power already and its only gotten worse!"}
{"_id": "116082", "title": "", "text": "I'm the equivalent of the FED at ROBLOX. I run a virtual economy there worth millions of dollars. Even though we are in the business of printing our own money, we've seen much more stability in our currency than in the USD. It actually appreciates over time. I don't think it would make a good investment though, nor would any of the online virtual currencies that I am aware of."}
{"_id": "116119", "title": "", "text": "A trillion dollars just to have not solve anything up to this point and to send our nation into an opiate epidemic due to the insane increase in the amount of poppy fields in Afghanistan (something that was outlawed under even the Taliban) because they refuse to let them grow cotton due to the fact it would compete with US grown cotton."}
{"_id": "116121", "title": "", "text": "You should check with your broker. I asked my broker a similar question just 2 weeks ago. With their market orders they will be filled within 3 points from the current market bid/ask. If there is any remaining it will be placed as a limit order at 3 points away from the bid/ask price. For example, if the current ask is 100 @ $1.00 followed by 500 @ $1.01, 300 @ $1.02 and 100 @ $1.03; if you were to place a buy market order for 1000 shares you would get 100 filled at $1.00, 500 filled at $1.01, 300 filled at $1.02 and 100 filled at $1.03.  If, on the other hand, you were to place a buy market order for 2000 shares you would get 100 filled at $1.00, 500 filled at $1.01, 300 filled at $1.02 and 100 filled at $1.03, with the remaining 1000 of your order being placed as a limit order at $1.03. Again, check with your broker, as they may be different in how they treat their market orders."}
{"_id": "116134", "title": "", "text": "I didn't mean to imply that the perceived value of a company on the stock market somehow proved that the companies had not lost capital or value. But it sure is a clear datapoint to juxtapose against all of the other hard facts in play. Often, the stock market isn't wrong... even if it may lag. If these companies have all this loss, is that baked into the current price? But again I was just merely grasping for the details from the plethora of sources given. I surely missed the real meat of the data."}
{"_id": "116167", "title": "", "text": "Yeah, I am Canadian and my professor is a big believer in Warren Buffet style valuation. Both of these probably play into his love for the CBV as well as having a couple former students who have it. I think I will start with the CFA and get the CBV if I think it is necessary. I have already started to study for the CFA, I downloaded the schweser notes. Hoping to take it in June after I graduate."}
{"_id": "116170", "title": "", "text": "&gt; Darling, if you are not a fan of Hillary (and the current DNC?), than why are you against Trump, who is not even career GOP politician?  I have already addressed this stupid idea that someone HAS to like one or the other. Literally the post you just replied to. Both can be (and are) terrible.   If you go back and actually read the words I've said in this thread, I've cited numerous things that prove that Trump has no idea what he's doing.  If you weren't so busy covering your ears and pretending that you haven't already been proven wrong in this very thread, maybe you wouldn't have missed it.   Since you obviously have trouble with your reading comprehension, I won't repeat them again, as to not confuse you. Just scroll up."}
{"_id": "116174", "title": "", "text": "It's perfectly consistent with capitalism. Through the process of the market, not every resource is used most productively, ie there is always going to be waste somewhere in some form, but the goal of maximum productivity is still what is practically desired by entrepreneurs.   I only brought up the govt job example to show an instance of unproductive work versus productive work, not to relate anything to government funded employment per se."}
{"_id": "116181", "title": "", "text": "\"If you are a permanent resident (and it wasn't taken away or abandoned), then you are a resident alien for U.S. tax purposes. (One of the two tests for being a resident alien is the \"\"green card test\"\".) Being a resident alien means all your worldwide income is subject to U.S. taxes, regardless of where you live or work. That doesn't necessarily mean you need to actually pay taxes on your income again if you've already paid it -- you may be able to use the Foreign Tax Credit to reduce your taxes by the amount already paid to a foreign government -- but you need to report it on U.S. tax forms just like income from the U.S., and you can then apply any tax credits that you may qualify for. As a resident alien, you file taxes using Form 1040. You are required to file taxes if your income for a particular year is above a certain threshold. This threshold is described in the first few pages of the 1040 instructions for each year. For 2013, for Single filing status under 65, it is $10000. The only way you can legally not file is if your income the whole year was below this amount. You should go back and file taxes if you were required to but failed to. Having filed taxes when required is very important if you want to naturalize later on. It is also one component of demonstrating you're maintaining residency in the U.S., which you're required to do as a permanent resident being outside the U.S. for a long time, or else you'll lose your permanent residency. (Even filing taxes might not be enough, as your description of your presence in the U.S. shows you only go there for brief periods each year, not really living there. You're lucky you haven't lost your green card already; any time you go there you run a great risk of them noticing and taking it away.)\""}
{"_id": "116182", "title": "", "text": "There is no simple, legally reasonable, way for her to build equity by helping out with your mortgage, without her having a claim to your mortgage. The only 'equitable' thing she can do is rent from you.  If you want her to be building equity, have her start and fund a brokerage account for herself. If you have an affinity for real estate, have her buy REITs in said investment account."}
{"_id": "116213", "title": "", "text": "You can open Savings Bank Account with some Banks that offer better interest rate. Note there would be restriction on number of withdrawals in quarter. There are better interest rates if you lock in for 90+ days. The other option to explore is to open a Demat / Brokrage account and invest in liquid funds. Note depending on various factors it may or may not suite your requirements."}
{"_id": "116222", "title": "", "text": "What makes you think corporations don't have to pay sales taxes or property taxes (or excise taxes, or environmental impact fees or fuel taxes or any of a million other taxes that we all end up paying) even if they lose money that year?"}
{"_id": "116231", "title": "", "text": "If WMT actually acts on this threat, WMT could be screwed. AMZ has an opportunity here and one they will likely jump on. Pay the truckers some % more to side with AMZ over WMT or hell, give them a multi-year deal - AMZ can eat that expense if it means hurting WMT. End result is WMT has delayed/late/expensive shipments and this hurts their bottom line even more. These are dangerous tactics for sure."}
{"_id": "116243", "title": "", "text": "Your credit score is definitely affected by the age of your credit accounts, so if you frequently close one card and open another new one, you're adversely affecting the overall average age of accounts.  This is something to consider and whether it is worth what you're trying to achieve. Sometimes, if you're a good customer and are insistent enough, you can simply call your credit card company and use the threat of closing your account in favor of another card that offers something attractive to get your current bank to sweeten its incentives to keep your business.  I know many people who've done this with real success, and they spare themselves the hassle of obtaining a new card and suffering the short term consequences on their credit report.  This might be an avenue worth trying before you just close the account and move on. I hope this helps. Good luck!"}
{"_id": "116258", "title": "", "text": "\"I've watched a few of their series - House of Cards, Glow, and The Man in the High Castle.  So I see where they're going with it.    I do want to stress that I was here to respond to the OP's contention that Netflix was there to blow out \"\"regular competitors\"\" then \"\"jack prices\"\".  I didn't see it that way.\""}
{"_id": "116273", "title": "", "text": "If you are facing the same problem after installing the latest version of the software then follow the guide given below by Adobe support to resolve the issues related to the online games. If you are not able to follow the procedure successfully, you can take help from the Adobe tech helpline number Canada 1-844-888-3870."}
{"_id": "116276", "title": "", "text": "no that's not what i'm saying.  I've been making the reports, running the stress tests and Movar for the past 2 risk managers.  I have a BS in Economics and Business Administration so i'm not really a hard core finance guy.  like our first RM was one of the people in the 70s that basically created futures for oil.  our last guy was a french dude from EDF.  I just feel that i lack their experience and i really don't wanna fuck up so im asking people with more experience perhaps to point the way for me.  books, programs, classes etc.   Also i think you mistaken my comment about having no idea was on the Crystal Ball sofware.  Im mainly a VBA and SQL guy, but i guess to run monte carlo sims i need to learn crystal ball"}
{"_id": "116325", "title": "", "text": "I'm on my phone so this may of been a response but what you're taking about is paying the studios that produce content directly, cutting out the middle man aka cable service. They're doing everything they can to prevent including lobbying for internet / intellectual-property restricting legislature world wide"}
{"_id": "116378", "title": "", "text": "This does not make any sense to me.  These things are our food.  We raise them simply to slaughter them and eat them, yet for some reason, we should be nice to them?  It makes no sense at all.  Who cares if they are kicked, beaten, degraded, humiliated?  They are our food."}
{"_id": "116419", "title": "", "text": "&gt; seems determined to blow up the deficit, just has the last Republican president did. And the Republican before that.  It's the only sensible thing the Republicans do.    Deficit spending is stimulus, and that increases the prosperity of the public.    They do it to try and provide cover for allowing the wealthy to gut our economy.  What we need is to embrace stimulus wholeheartedly and then shift the entirety of the tax burden onto the wealthy."}
{"_id": "116420", "title": "", "text": "Short answer: the CD can be considered as part of the down payment calculations. they will want a plan to cash them in the last days or weeks before settlement. When approving you for a mortgage they will be looking at: They now know what you can afford to dedicate to this new property every month. They take into account principal, interest, taxes, insurance and the HOA fee. They will then look at how much money you will use as a down payment. They want this money to exist before applying, and they will check on its existence in the last days before settlement.  The best is cash sitting in a bank. But it can also be money in savings bonds, or a CD, but they will want a plan for cashing that in just before settlement.  They won't be comfortable with it being in a volatile account such as stocks especially if the current balance is exactly what you need for a mortgage that won't be closed for 3 more months. Because people use money they borrow from their 401K for a home purchase, it is possible to use money from volatile account. They will want to see a plan for getting money from these accounts just before settlement."}
{"_id": "116424", "title": "", "text": "You can have a new ISA every financial year. As long as you don't take out any other ISA in the financial year that starts next week, you can use a help-to-buy ISA as your ISA for 2015/16. Existing ISAs taken out in earlier financial years will have no effect on that."}
{"_id": "116436", "title": "", "text": "Traditionally options expired on the 3rd Wednesday of the months of Mar, Jun, Sep, Dec as this day was never a holiday. See IMM dates. However as option use exploded there were monthly and weekly options created on different schedules. The exchange will specify when its options expire in the contract."}
{"_id": "116446", "title": "", "text": "\"we can then start taking penalty free withdrawals from it? There's no \"\"we\"\" in IRA. There's \"\"I\"\". That stands for \"\"Individual\"\". So your wife's age has no influence whatsoever on your ability to make qualified distributions from your IRA. The reason courts order distributions from IRAs is due to the community property laws of various States or other considerations that make spouses entitled to the amounts in the IRAs. However, you're talking about family law here, not tax law. For Federal tax purposes, a distribution ordered by the court doesn't trigger penalty (but is taxable), but any other distribution has to follow the regular qualification criteria.\""}
{"_id": "116466", "title": "", "text": "It definitely does.  Part of the misinformation the GMO PR puts out is that there's a difference without specifying they are both non-GMO.  Organic is non-GMO.  The difference is that organic goes a step further and removes synthetic pesticides, fertilizers, and growth hormones (which is a problem for meats and dairy) in addition to GMOs."}
{"_id": "116474", "title": "", "text": "Call centre solution providers will efficiently serve customers, while keeping overheads low. They can efficiently manage not just the regular inbound calls, but also make the outbound calls to promote your products and services which further lead your trade to the path of success."}
{"_id": "116494", "title": "", "text": "It amazes me how supposedly literate people just don't think about the wider context of what they are writing. I mean they're trying to sell this aspirational bullshit with absolutely zero critical understanding of where wealth comes from and why."}
{"_id": "116499", "title": "", "text": "\"Finding the \"\"optimal\"\" solution (and even defining what optimal is) would probably take a lot of searching of all the possible combinations of stocks you could buy, given that you can't buy fractional shares. But I'd guess that a simple \"\"greedy\"\" algorithm should get you close enough. For any given portfolio state, look at which stock is furthest below the target size - e.g. in your example, S3 is 3.5% away whereas S1 is only 3.1% away and S2 is over-sized. Then decided to buy one stock of S3, recalculate the current proportions, and repeat until you can't buy more stocks because you've invested all the money. If you have to pay a transaction fee for each kind of stock you purchase you might want to calculate this in larger lot sizes or just avoid making really small purchases.\""}
{"_id": "116529", "title": "", "text": "No no, not at all. I'm saying that Bezos, as head of Amazon, should work to improve workers conditions using his influence as founder / chairman / CEO of Amazon. Which is a longer winded way of saying *Amazon* should improve workers conditions.   I think it's great that he's looking to give some of his money away to charity. I think it's rather hypocritical to do that whilst being accused of low employee welfare conditions mind you, but it's certainly better than nothing!   If I'm still not coming across correctly, let me slip into hyperbole and extremes. Let's say a Victorian factory owner employs children in dangerous and gruelling work, 14 hours a day and they get fired if they are ill. But with the money he makes from the factory, he gives some of it to a children's hospital! I mean, that's great, but hey, what about instituting change at the factory too, if you really care about society?  I think that last paragraph detracts from my point actually but I've written it out so I'll leave it there."}
{"_id": "116545", "title": "", "text": "There are, of course, many possible financial emergencies. They range from large medical expenses to losing your job to being sued to major home or car repairs to who-knows-what. I suppose some people are in a position where the chances that they will face any sort of financial emergency are remote. If you live in a country with national health insurance and there is near-zero chance that you will have any need to go outside this system, you are living with your parents and they are equipped to handle any home repairs, you ride the bus or subway and don't own a car so that's not an issue, etc etc, maybe there just isn't any likely scenario where you'd suddenly need cash. I can think of all sorts of scenarios that might affect me. I'm trying to put my kids through college, so if I lost my job, even if unemployment benefits were adequate to live on, they wouldn't pay for college. I have terrible health insurance so big medical bills could cost me a lot. I have an old car so it could break down any time and need expensive repairs, or even have to be replaced. I might suddenly be charged with a crime that I didn't commit and need a lawyer to defend me. Etc. So in a very real sense, everyone's situation is different. On the other hand, no matter how carefully you think it out, it's always possible that you will get bitten by something that you didn't think of. By definition, you can't make a list of unforeseen problems that might affect you! So no matter how safe you think you are, it's always good to have some emergency fund, just in case. How much is very hard to say."}
{"_id": "116548", "title": "", "text": "If you get somewhat of a discount appraisal you're probably not going to save much money, and given the (probable) size of your investment you might as well pay the extra money.  You'll learn something about the market or investment anyway.  Maybe it will open you up to some new ideas like trying to flip the property or pulling out some equity to go after more properties."}
{"_id": "116551", "title": "", "text": "Thank the gods, you have restored my faith in every profession, everywhere! There is nobility in everything and I will never again refer to my own industry in anything less than a divine manner, even in the most trying of times. &lt;/sarcasm&gt;  It's Saturday night. I regret checking my messages. I'm goin' out."}
{"_id": "116569", "title": "", "text": "You make it seem as if we aren't in the early/mid stages of a credit bubble already. Market is filled to the brim with easy credit. 2 years at the most is where I have it set to start rearing its ugly head."}
{"_id": "116574", "title": "", "text": "Not to be an asshole but the fact you are even asking the above tells me any form of financial service may not be for you.  How the fuck can you be licensed and not have a basic understanding of what it means? And even further, that rules for doing/not doing are much more determined by individual jobs and firm rules than by some industry exam.  You have confirmed my belief that our industry licensing is equivalent to a food handler's card, thank you."}
{"_id": "116599", "title": "", "text": "Well the article did mention that if you continually beat your bookmaker you're likely to get rejected in future which is hilarious, but personally I have actually bet on sports and I've found that it's a fairly easy game to win at if you don't go for bets with huge odds and I don't think I've ever placed a bet where after I lost and said 'what the hell just happened'. I only really bet on rugby and soccer though, so team sports may be a bit less prone to corruption from the bookmakers.  I'm not saying I think this is a safe way to do business though, I don't think day trading is either. I think they are both speculation. I just think that sports betting has a lot more for a speculator to work with before they develop a strategy.   For instance, I always bet on New Zealand winning a rugby game, their players line up as the top in their respective positions and their game strategy essentially has the rules of the game exploited to the maximum. All of the data on this team based on their past performance is actually applicable to their future performance, skilled players usually continue to be so up till a certain age, skilled coaches who stay in their position mean no variation in team strategy. That makes me feel confident that even though New Zealand might lose a game here or there,  that they will continue to be winners, and even though the gains on their wins aren't much, consistently winning with them over time builds up to a nice bit of profit.   With day trading in the stock market, so much of the variation in prices is due to non accounting fundamentals, and even though historical data can be useful we know that investor sentiment, secret information, and a myriad of other factors mean that unless you are extremely experienced or have a natural eye for reading markets that most traders will lose. I know developing strategies do work for some people, but I think I've seen it said on this sub a couple times that 'trading strategies work - until they don't.' I only speak as a uni student who has limited research beyond Bloomberg articles etc... but from what I can tell, the majority of day traders lose money eventually, and even with AI, the profits are only noteable when the capital input is extremely high.   Sports events can't really be swung by the confidence of supporters, and yes corruption is rampant in sports as with every industry, but at least the data you have tells a fairly good story about where the bets will head in the future."}
{"_id": "116607", "title": "", "text": "AMZN is the new Wal-Mart for digital age it can make any acquisition it wants to move into new markets. They can hire away all the key people in pharmacy   industry with the knowledge and  talent. if you think amazon can\u2019t streamline the distribution of medicine your naive."}
{"_id": "116613", "title": "", "text": "True, I'm more concerned with the fingerprinting personally. If it ever became a way to identify people or target people.   With social media and businesses logging everyones personal information. I'm willing to bet 99.9% of us have all of our info out there somewhere except perhaps ssn's (probably not as high but closer than we think)"}
{"_id": "116614", "title": "", "text": "\"Since this is your emergency fund, you generally want to avoid volatility while keeping pace with inflation.  You really shouldn't be looking for aggressive growth (which means taking on some risk).  That comes from money outside of the emergency fund. The simplest thing to do would be to shop around for a different savings account.  There are some deals out there that are better than ING.  Here is a good list. The \"\"traditional\"\" places to keep an emergency fund are Money Market Mutual Funds (not to be confused with Money Market Accounts).  They are considered extremely safe investments.  However, the returns on such a fund is pretty low these days, often lower than a high-yield online savings account. The next step up would be a bond fund (more volatility, slightly better return).  Pick something that relies on Government bonds, not \"\"high-yield\"\" (junk) bonds or anything crazy like that. Fidelity Four in One comes pretty close to your \"\"index of indexes\"\" request, but it isn't the most stable thing.  You'd probably do better with a safer investment.\""}
{"_id": "116617", "title": "", "text": "Possible (unlikely) reasons: But usually, yeah, if you can pay cash, you should."}
{"_id": "116625", "title": "", "text": "I feel like as millennials rise and become the next round of CEOs they'll already have more core knowledge than what a current traditional CEO has around concepts of technology. To me this is just the natural evolution of the CEO.    As far as current CEO's, ya great learn some tech stuff, however it won't really skyrocket them in my opinion (don't get me wrong, if you're CEO of Apple or Google, I'm going to guess you know some tech stuff). However for non-tech industries, if current CEO's want to learn more about tech I think that's great but, most of them still won't get it, they'll just say the normal buzzwords and enough to get by. Then a CTO/CIO will step up. Also one risk here is, you get a CEO who wants to learn tech or gets a wild hair and then they think they know everything and then the backsliding begins, I actually worked at a company that went this direction because a CEO learned about a new product that would replace our backend processing software and wanted everyone to start converting to it, then the CIO had to come in and take reins."}
{"_id": "116630", "title": "", "text": "\"I took computer science in college so to be fair I can't call myself an engineer...  I figured it wouldn't matter, but apparently engineer is a protected term.  Which begs the question why 6 out of 7 computer science bachelor degrees in the university here don't officially make you an engineer. What are those web, application, software, systems, math orientated, game, \"\"general\"\", and art degrees are good for...?  Or does no one know this and everyone is applying to engineer positions and being titled engineer without being one...?  But you are correct. They do start at 60k. Funny thing though, I traded starting salary information with 6 different co-graduates. I actually got paid the most. 32-37k starting salary for associate in computer science.\""}
{"_id": "116631", "title": "", "text": "This is a bit complicated because of all the moving parts, but is a little simpler because the two warrants are now publicly traded.  The main rule appears to be that your cost should be apportioned into the bases for the pieces you received by the proportions of the prices established in the market on the first day of trading in which they trade separately (source: costbasis.com).  Since the A and B GM warrants began trading in March 2011 (at least that's what a quick search shows), use their prices and the GM price on the same day to establish the proportions.  You also must include the factor of how much of each piece you received for each of your bonds. So, for example, if the prices of GM, WSA, and WSB, were $32, $23, and $17 on the first day of trading, and you got 3 shares GM, 2 A warrants, and 1 B warrant for your bonds, their worth on first day of separate trading would be: and so the proportion of your bond cost to be allocated to your A warrants, for instance, would be 46/159 or about 28.9% using these example figures. The small dribbles of additional securities you have received already, I would include in the calculation above, and if you in the future receive any further dribbles, I would assign them a basis of $0 (as your full bond cost would have already been completely allocated)."}
{"_id": "116643", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in Hemet CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Title Loans Hemet CA 7210 Simpson Road,  Hemet, CA 92545 951-330-3101 hemetgatl@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-hemet-ca/"}
{"_id": "116644", "title": "", "text": "Given that SpaceX is actually operating for revenue now, it would seem like they don't need to go public just for access to capital.  Therefore, it would make sense for it to go public when it is more valuable to someone else than it is to Elon Musk but I don't see him having intentions to sell right now.  However, if SpaceX became worth many billions of dollars or if there is a crisis at Tesla requiring Elon to inject capital there, those are the scenarios where I could see him IPOing SpaceX."}
{"_id": "116647", "title": "", "text": "\"The game is not zero sum. When a friend and I chop down a tree, and build a house from it, the house has value, far greater than the value of a standing tree. Our labor has turned into something of value.  In theory, a company starts from an idea, and offers either a good or service to create value. There are scams that make it seem like a Vegas casino. There are times a stock will trade for well above what it should. When I buy the S&P index at a fair price for 1000 (through an etf or fund) and years later it's 1400, the gain isn't out of someone else's pocket, else the amount of wealth in the world would be fixed and that's not the case. Over time, investors lag the market return for multiple reasons, trading costs, bad timing, etc. Statements such as \"\"90% lose money\"\" are hyperbole meant to separate you from your money. A self fulfilling prophesy.   The question of lagging the market is another story - I have no data to support my observation, but I'd imagine that well over 90% lag the broad market. A detailed explanation is too long for this forum, but simply put, there are trading costs. If I invest in an S&P ETF that costs .1% per year, I'll see a return of say 9.9% over decades if the market return is 10%. Over 40 years, this is 4364% compounded, vs the index 4526% compounded, a difference of less than 4% in final wealth. There are load funds that charge more than this just to buy in (5% anyone?).  Lagging by a small fraction is a far cry from 'losing money.'  There is an annual report by a company named Dalbar that tracks investor performance. For the 20 year period ending 12/31/10 the S&P returned 9.14% and Dalbar calculates the average investor had an average return of 3.83%. Pretty bad, but not zero. Since you don't cite a particular article or source, there may be more to the story. Day traders are likely to lose. As are a series of other types of traders in other markets, Forex for one.  While your question may be interesting, its premise of \"\"many experts say....\"\" without naming even one leaves room for doubt.  Note - I've updated the link for the 2015 report. And 4 years later, I see that when searching on that 90% statistic, the articles are about day traders. That actually makes sense to me.\""}
{"_id": "116654", "title": "", "text": "\"&gt;This has prompted some economists to declare that the business cycle has become less severe.  \"\"Some economists\"\" like [Dr. Krugman](http://mises.org/daily/6055/Charting-Fun-with-Krugman), whose evidence to this effect demonstrated the exact opposite (specifically that the current/just past recession was nearly twice as bad, by his own standards mind you, as the worst pre-fed recession)?\""}
{"_id": "116675", "title": "", "text": "Dividend yield is a tough thing to track because it's a moving target.  Dividends are paid periodically the yield is calculated based on the stock price when the dividend is declared (usually, though some services may update this more frequently).   I like to calculate my own dividend by annualizing the dividend payment divided by my cost basis per share.  As an example, say you have shares in X, Co.  X issues a quarterly dividend of $1 per share and the share price is $100; coincidentally this is the price at which you purchased your shares. But a few years goes by and now X issues it's quarterly dividend of $1.50 per share, and the share price is $160. However your shares only cost you $100. Your annual yield on X is 6%, not the published 3.75%.  All of this is to say that looking back on dividend yields is somewhat similar to nailing jello to the wall.  Do you look at actual dividends paid through the year divided by share price?  Do you look at the annualized dividend at the time of issue then average those?  The stock price will fluctuate, that will change the yield; depending on where you bought your stock, your actual yield will vary from the published amount as well."}
{"_id": "116684", "title": "", "text": "The easiest and cheapest way I can think of is the online bill pay service that most banks use. It's free for both of you; regardless of what the bank has to go through to get the payment to its destination, they generally eat the costs. You can use this to pay anyone from your rent to your electric company to your cousin Vinnie. However, I do not think that a business checking account has this feature. Instead, most corporate cash accounts typically have an ACH service attached to them, where for some small, fixed fee like 25 to 50 cents per transaction, they will accept transfer requests in an ACH format. This is how your electric company does auto-debit (if you let them), and how banks do online bill pay to most corporate payees; they, and their bank account numbers, would be verified by and kept on file with each bank that moved a substantial volume of money to this payee."}
{"_id": "116694", "title": "", "text": "\"Your thinking is unfortunately incorrect; an amortising loan (as opposed to interest only loans) pay down, or amortise, the principal with each payment. This means that the amount that is owed at prepayment will always be less than the total borrowed, and is also why some providers make a charge for prepayment. The \"\"fairness\"\" arguments that you make predicated on that misunderstanding are, therefore, incorrect.\""}
{"_id": "116697", "title": "", "text": "\"Literally got into an argument with someone from Silicon Valley about this. He was 100% convinced that the entire world revolved around them and that were it not for Silicon Valley there wouldn't be any jobs paying 6 figures in other states because \"\"Silicon Valley creates all the jobs\"\"\""}
{"_id": "116700", "title": "", "text": "\"Will the proportion of my payments towards interest eventually go down?  Yes. Today would be a good day to do a web search for \"\"amortization schedule\"\". You will quickly learn how to compute precisely how much of each payment goes to interest and how much goes to principal given different payment choices. Would it be wiser to spend more each month on loan payments? That depends on your goals and resources, which we know nothing about. If you have extra money you could spend it on debt reduction, or you could spend it on an investment that pays more money in growth or dividends than the interest you'd save. Or you could decide that the longer you have that loan, sure, the more interest you'll pay, but inflation will make future money less valuable. Basically, by taking out a loan you have chosen to gamble that the thing you bought with the loaned money will be worth the cost of the interest payments in the future, adjusted for inflation. The bank on the other hand is gambling that you're good for the debt and that they can make a reasonable profit off it. If you have more money to gamble with, which bet is the wisest one is really up to you. would it be smarter to try to pay off one loan before the other? If you want to pay off a loan early then always choose the loan with the higher interest rate. should I start making bi-weekly payments instead of monthly? That's roughly equivalent to paying off the principal by one additional payment a year. There are two reasons to do so.  The first is that the total interest will be lower and the loan will be paid off faster. You can work out exactly how much with your new found skill at amortization computation.   The second is the simple convenience of knowing that your budget for each pay period is the same.  That convenience is worth something; is it worth the amount extra you'll be paying every year? Again, this is for you to decide. Work out how much extra you're paying per year and how much you're saving in the long run, and compare that against the benefit.\""}
{"_id": "116703", "title": "", "text": "\"On the off-chance someone reading this is not aware, The Onion is a satirical newspaper. While I wouldn't bet *against* the headline being true to some degree (\"\"GS sucks amirite\"\", and all that), the point is humour rather than accurate reporting.\""}
{"_id": "116712", "title": "", "text": "\"I agree.  The question I want to know is, how will this effect Tesla and their bottom line?    Does the market see that view point \"\"save the planet\"\" as one that will lead to sustainability and profit?  So far it seems like yes.  Everything is under the scope and being dissected for future projections.  Edit: a word\""}
{"_id": "116716", "title": "", "text": "There is a price mechanism, your monthly bill is based on your Mbps, and you can choose if you want faster speed, and pay for it. This pricing mechanism will limit bandwidth use because as bandwidth gets more strained the price will go up. Net neutrality is about treating all data going through those pipes equally, so that the virtual market is not monopolized by the few large companies that can pay for accessing customers."}
{"_id": "116732", "title": "", "text": "\"This sounds exactly like being an assistant professor.  1) Deal with nebulous and arbitrary funding agencies (\"\"One \"\"good\"\" rating means you don't get funded!\"\") 2) Force your grad students to work long hours on very tenuous projects 3) Still might not get tenure depending on whims of your colleagues and administration, no matter how productive you are\""}
{"_id": "116738", "title": "", "text": "\"Not a bond holder, but when we get dividends we usually just buy up a benchmark index tracking ETF unless/until we're ready to rebalance our portfolio. Most of the trades in the day are earmarked with the reason \"\"spending cash\"\". I'd assume it's similar for bond holders and coupons.\""}
{"_id": "116745", "title": "", "text": "Most of that money goes into regulations of and subsidies for the healthcare market which is the reason for the insanely high market prices; they basically suffocated every last bit of competition.  'Welcome to society' isn't exactly a fitting expression... taxation is justified as long as everyone pays equal rates in exchange for an equal withdrawal of benefits. Everyone profits equally from courts and police.  Which is not the case for mandatory public health insurance: you force a minority at gunpoint to pay confiscatory tax rates (that's the only way you will be able to fund it) in order to finance a service they don't profit from at all. It's the exploitation of a minority and nothing else. Same goes for every form of forced redistribution of wealth."}
{"_id": "116750", "title": "", "text": "Wealth is not what you earn, nor is it what you spend. It's the difference between those two."}
{"_id": "116755", "title": "", "text": "I wouldn't buy a house at this time. Your credit card debt is the most expensive thing you have. Which is to say that you want to get rid of it as soon as possible. The lawyer isn't cheap, and your personal situation is not fully resolved. Congratulations on paying off the IRS, and getting up the 401k to 17.5k.  Take care of the two things in paragraph 1, first,and then think about buying a house. You're doing too much good work to have it possibly be derailed by home payments."}
{"_id": "116804", "title": "", "text": "It depends what you mean by financial knowledge.  Often you will work in a group focused on some aspect of the company's business.  As an example, I work for a company and my group works on econometric models.  Although I have a degree in finance, I don't encounter or talk about corporate or personal finance.  I do talk about investing with a friend, but in general, our group is focused on one aspect of finance and economics for the company.   From another direction, often financial companies will offer financial literacy training through HR and benefits programs where you can improve your knowledge of finance outside of your groups focus.   In the end, you will learn the most by persuing new knowledge through reading on current financial literature.  I hope this helps. Edit:  If you add some specifics to what you would like to learn about I may be able to point you in the right direction."}
{"_id": "116807", "title": "", "text": "&gt; by not trying to spend more than you have.  Or, someone poor was making a calculated risk. I'll pay these bills on day 1, then this bigger bill on day two and it will over draft by $15, but I will avoid a $50 late fee on my rent. The bank then slows the transactions and maximizes their profit by what would be considered unethical behavior. Most people have almost no savings, less than $1000 in the bank, and high debt."}
{"_id": "116817", "title": "", "text": "This would effectively be currency speculation, betting that the Pound will be stronger vs. the Euro in November (or whenever) than it is today.  This would be a profitable transaction if the exchange fees are less than the swing between the two. In my (very limited) experience, exchange fees are going to be at least a few percent, and she's going to have to do the exchange twice if she wants to turn current Euros into Pounds and back into Euros later; that's at least a 6% hit.   I'd recommend against this.  While it's quite plausible for the two currencies to move more than 6% against each other in that time, it's also quite possible for them to move the other way, causing her a large loss.   The unfortunate thing about large, heavily traded things like GBP/EUR is that you're very unlikely to have some information that the big traders don't.  While lots of people think that the pound is going to become stronger, just as many people think that the Euro is going to be stronger.  These two camps are constantly bidding against each other, resulting in the 1.15 Pounds/Euro exchange rate as of this writing.  The current price and current direction that the line is moving in no way tells you what it's going to do next."}
{"_id": "116828", "title": "", "text": "Ok buddy.  Apparently you're ok with how minimum wage laws put black people out of work.  The data is clear and indisputable, Mises Institute or not.  They just happened to be the first link that came up in Google, I don't read them at all."}
{"_id": "116846", "title": "", "text": "\"When people talk about \"\"the price\"\" of a stock, they usually mean one of the following: Last price:  The price at which a trade most recently took place.  If someone sold (and someone else bought) shares of XYZ for $20 each, then until another trade occurs, the last price of the stock will be quoted at $20. Bid price: The highest price at which someone is currently offering to buy the stock. Ask price: The lowest price at which someone is currently offering to sell the stock. As you can see, all of these are completely determined by the people buying and selling the stock.\""}
{"_id": "116865", "title": "", "text": "\"They pretty much already have what you are looking for.  They are called Unit Investment Trusts.  The key behind these is (a)  the trust starts out with a fixed pool of securities.  It is completely unmanaged and there is no buying or selling of the securities, (b) they terminate after a fixed period of time, at which time all assets are distributed among the owners. According to Investment Company Institute, \"\"securities in a UIT are   professionally selected to meet a stated investment objective,  such   as growth,  income, or capital appreciation.\"\" UITs sell a fixed    number of units at one-time  public offering. Securities in a UIT do    not trade actively, rather, UITs use a  strategy known as    buy-and-hold. The UIT purchases a certain amount of  securities and    holds them until its termination date. Holdings rarely change   throughout the life of the trust so unit holders know exactly what    they're  investing in, and the trust lists all securities in its    prospectus. Unit trusts  normally sell redeemable units - this    obligates the trust to re-purchase  investor's units at their net    asset value at the investors request.\""}
{"_id": "116867", "title": "", "text": "\"Perhaps just an ambiguity rather than a contradiction - You said, \"\"at the end of the day, fiat currencies are based on trust and accountability of the government\"\".  You then later said \"\"I'm not conflating trust of the issuer with trust of the \"\"bank\"\". I don't trust either.\"\"   The problem there is that, on the Bitcoin side of the fence, there's no one there *to* trust.  **You** can be the bank.  You can also be the issuer, with enough computing horsepower.  Do you, then, not trust *yourself*?   Or, did I take that entirely wrong and you meant that directed toward the fiat side of things, and don't trust that Trump won't get us into a currency war with China (or his successor finally authorize that trillion dollar platinum coin to circumvent the debt ceiling - I don't mean that to be at all partisan)?\""}
{"_id": "116896", "title": "", "text": "Here at QEII Centre, our Sanctuary lounge is the perfect place for your event attendees to relax. The lounge offers a wide selection of refreshments such as teas and cocktails. We also have After Dark specials in case you want beer or wine. If you want to know more about our Sanctuary lounge, visit our website at https://qeiicentre.london/."}
{"_id": "116914", "title": "", "text": "\"It's also not really anything new.   For a several decades, a huge percentage of the population has been essentially living paycheck-to-paycheck, and with essentially zero cash savings to cover emergencies.  It's possible that it is slightly worse now in the sense that -- with the pervasive use of credit &amp; debit cards, etc -- few people deal in cash or change very often ... and so they don't even have the old proverbial \"\"piggy banks\"\" (or jars/bottles filled with end-of-day pocket-change) that they can raid for $50 or $100.  *Oh, and THAT really has nothing to do with \"\"bubbles\"\".*  ---  EDIT: Plus another thought... just the other day there was an article crowing about how Millennials are \"\"saving for retirement\"\" in higher amounts and at earlier ages than prior generations -- if that is true, then a likely corollary would be that they are NOT engaged in plain old \"\"savings\"\" at the same rate -- i.e. what money they are \"\"stashing away\"\" is all heading to Wall Street, and is difficult to access in an emergency (and if they did access 401k savings, it would likely be as a \"\"loan\"\" -- rather than paying the early-withdrawal penalties &amp; taxes).\""}
{"_id": "116921", "title": "", "text": "Because we need energy in the form of oil.  If more of our money is spent on oil, there is less money to spend on other items especially luxuries like dining out and new cars (ironically) Since there is less money available, the price of other things shift with it and the whole economy moves.  Since less money is available, the value of a single dollar goes up. Basically, it is because we as a species (let alone nations) are unbelievably dependent on having oil at this point in our existence. How do currency markets work? What factors are behind why currencies go up or down?"}
{"_id": "116930", "title": "", "text": "There are a few ways to look at this question. Assumptions. Per the original post's assumptions, this answer: In other words, if the owner paid the mortgage on its original schedule, the deal could boil down to a $\u00a040,000 up-front payment, in exchange for $\u00a0200,000 of equity after 30\u00a0years.  Or the deal could boil down to a $\u00a040,000 up-front payment, in exchange for a $\u00a0810.70 monthly payment starting in 30\u00a0years. While the owner is paying down the mortgage, the return on equity is the principal payment divided by the equity.  The principal payment is the net rent minus non-financing costs and interest, so it is actually a profit. The initial return on equity is 6.321\u00a0% APR, or 6.507\u00a0% APY.  This is calculated by dividing the $\u00a0210.70 monthly principal payment by the initial $\u00a040,000 equity, and converting from monthly return to annual return. After 30 years, the return on equity is 4.864\u00a0% APR, or 4.974\u00a0% APY.  This is calculated by dividing the $\u00a0810.70 monthly cash flow (which is no longer reduced by mortgage payments) by the $\u00a0200,000 equity after 30 years, and converting from monthly return to annual return. The cap rate is the same as the return on equity in the absence of debt.  In this example, 4.864\u00a0% APR, or 4.974\u00a0% APY. The return on equity declines from 6.507\u00a0% APY initially to 4.974\u00a0% APY after 30 years. This is because the cap rate exceeds the note rate (4.974\u00a0% APY vs. 4.594\u00a0% APY), and the leverage decreases from 5x to 1x. The weighted average compound annual growth rate of the equity during the 30 years is 5.511\u00a0% APY.  Per the original poster's answer, this is computed by taking the 30th root of the 5-fold increase in equity.  Because the owner made no extra principal payments (besides those already discussed), the relevant amounts are the initial $\u00a040,000 owner payment and the final $\u00a0200,000 owner equity.  5.511\u00a0% APY corresponds to a 5.377\u00a0% APR. The internal rate of return if the owner never sells can be computed by treating the deal as a $\u00a040,000 up-front payment, in exchange for an $\u00a0810.70 monthly payment starting in 30\u00a0years.  The internal rate of return (IRR) is not a very useful number, because it assumes that you can somehow reinvest the eventual dividends at the same rate.  In this example, the IRR is 5.172\u00a0% APR, or 5.296 \u00a0% APY.  In this example, the IRR is calculated by (iteratively) finding an interest rate for which (initial investment) * (1 + IRR) ^ (number periods before dividends start) = (periodic dividend) / (IRR - growth rate of dividend).  For example: $\u00a040,000 * (1.004309687)^360 = $\u00a0810.70 / (0.004309687 - 0) = $\u00a0188,111 I then converted the 0.431\u00a0% monthly IRR to an annual IRR. The deal can be thought of as a return on equity, plus a return on paying down the mortgage. When computing the return from paying down the mortgage, the initial equity is irrelevant.  It does not matter whether you start with a $ 160,000 mortgage on a $\u00a0160,000 property, a $\u00a0160,000 mortgage on a $\u00a0200,000 property, or a $\u00a0160,000 mortgage on a $\u00a01,000,000 property.  All that matters is the note rate on the mortgage, which is the applicable compound interest rate. The return on paying down the mortgage equals the note rate of the mortgage.  For a 4.5% note rate, this works out to a 4.594% annual percentage yield (APY). You can confirm this by looking at your amortization schedule.  Suppose you have a $\u00a0160,000 mortgage with a fixed 4.5% APR note rate for 360 months.  Your monthly payment is $\u00a0810.70.  In the first month, $\u00a0600 goes toward interest, and $\u00a0210.70 reduces the principal.  In other words, the $\u00a0210.70 principal payment eliminated the need for a $ 810.70 payment 30 years later.  Notice that: . $ 210.70 * (1 + 0.045 / 12)^360 = $ 210.70 * (1.00375)^360 = $ 210.70 * 3.8477 = $ 810.71 which is within rounding error of $\u00a0810.70. The interest rate is 3/8\u00a0% per month, which is an APR of 4.5%, and an APY of 4.594\u00a0%."}
{"_id": "116934", "title": "", "text": "Yes, you can deduct from your taxable profits (almost) any expenses incurred in the course of your business. See here for HMRC's detailed advice on the subject. The fact that you have salaried PAYE employment as well makes no difference."}
{"_id": "116936", "title": "", "text": "\"They just need to overcome the perception hurdle.  A good marketing team can help with the \"\"you're paying for convenience of it being *there* now\"\" thing.  Or maybe a good marketing team can't, as their old (Circuit City era) marketing team wasn't all that bad.  Other big box stores haven't figured that hurdle out yet, either.\""}
{"_id": "116958", "title": "", "text": "Good addition. When learning finance and business, /u/msattam, realize the world does not work cleanly like it does in a textbook. You have added complexity, both systemic and human caused. And that there is a very good reason that we must understand agency issues and how to mitigate those risks."}
{"_id": "116962", "title": "", "text": "This is exactly how monopolies are made.  Allowing a business to use one extremely profitable business to undercut competitors in other areas (at below cost mind you).  This should be illegal practice.  Google should be hit hard.  While I understand your stance, I don't believe it is creating an equal playing field in the economy and it is hurting it badly.   For example, no startup out there is going to create an online maps startup (even if they have an awesome idea that would make maps better) because they don't have the ability to monetize and survive.  Google gives their's away free using their near-monopoly on online advertising to subsidize it.  You talk about the only exit for a startup being acquired by a larger company.  That is EXACTLY the problem.  You're creating unbeatable ecosystems.  Google/MSFT/Apple/FB will only grow...startups will only have 10-20 companies to exit to.  They should be able to survive and grow and compete on their own.   Groupon was a company that tried to do that and you can see how they're doing.  The tech world is turning into that very oligopoly that you try to caveat.   People just don't realize it.    We should break the stranglehold.  If people paid for services, then their would be more entrants into the market as they could monetize quicker and the best ideas would win vs. the best connections to VCs and having an entrepreneurial track history which is how the bay area works.  Startups wouldn't be SO DEPENDENT on financiers...they could monetize their actual client base."}
{"_id": "116963", "title": "", "text": "\"As mentioned before - you're over-thinking the hard-pull issue. But do try to make the preapproval as close to the actual bidding as possible - because it costs money. At least from my experience, you'll get charged the application fee for preapproval, while \"\"pre-qualification\"\" is usually free. If you're seriously shopping, I find it hard to believe that you can't find a house within 3 months. If you're already in the process and your offer has been accepted and you opened the escrow - I believe the preapproval will be extended if it expires before closing. I've just had a similar case from the other side, as a buyer, and the seller had a short-sale approval that expired before closing. It was extended to make the deal happen, and that's when the bank is actually loosing money. So don't worry about that. If you haven't even started the process and the preapproval expired, you might have to start it all over again from scratch, including all the fees. The credit score is a minor issue (unless you do it every 2-3 months).\""}
{"_id": "116966", "title": "", "text": "I find the responses funny. If they would have just read your about page it would have answered 90% of their bs generalizations.  edit: they say there is no such thing as bad publicity. Controversy is a good thing in my opinion."}
{"_id": "116983", "title": "", "text": "\"The thing is that Trump proved he's not an idiot and he does a great job, for his empire before the election, and now for America after the elections.  Hillary is just \"\"wife of\"\" and the DNC is corrupt and after globalists agenda which is anti-American.  Any questions?\""}
{"_id": "116990", "title": "", "text": "I am - The economy is influenced by the debt and government manipulation in the short term, which is going to drive employment (or lack thereof).  In the slightly longer term, a financial collapse followed by an economic collapse and depression are going to mean very high unemployment for a very long time.    What we've got now is only bad compared to what we've been used to for the last few decades.  In a depression where government aid is unavailable because the government is the cause of it, things will be considerably worse."}
{"_id": "116992", "title": "", "text": "\"There are several tactics you might employ to help the situation.  You have two options, one is to increase your income, the other is to reduce your expenditure.  Paying off debt will also help but that may not apply to you. Most people find it easier to reduce expenditure, so I will explain that first of all. Then make sure you track your actual expenditure agains the budget, check it daily and make sure it is accurate, if you spend some money you didn't budget for then mark that down and make sure you budget for it going forward. Most people are surprised at how much they are actually spending, especially on trivial things like coffee, lunch at work etc.  You will then find you can start to reduce this expenditure, maybe by bringing lunch to work, skipping coffee every other day etc. By doing a budget you can reduce your expenditure and hopefully have some money left over to save - put a line in your budget marked savings (ideally on the day you get paid so you don't spend it)! If you ned to save $x by Y date then work out how much that works out in a month and put that into your budget, if you haven't got enough spare to do that then onto stage 2 With regards to increasing income, the obvious way is to do some overtime at work - can you do that? Alternatively you can get a part-time job, maybe a hobby that pays money?  I personally enjoy building web-sites as a hobby and I get about $20 a month from advertising on those, it's not much but it adds up over time. Finally how to actually save, what methods are there? Lots of options here, personally I buy shares with my savings, making sure I pick stocks that are currently cheap - this is quite risky and may not suit you but it works for me as I don't sell the shares until I actually need the money. Other options are regular savings accounts that pay a bonus after you've had the money in for (usually) 12 months etc.  They tend to pay a bonus at the end so you are incentivised to not touch your cash but you can get it out if you really need it. You can also work out how much \"\"spare\"\" cash you have monthly and then give yourself an \"\"allowance\"\" each month that you can spend on impulse items, but make sure you stick to that. Good luck!\""}
{"_id": "117004", "title": "", "text": "The sense of entitlement absolutely horrors me. Suck it up, do whatever work they need you to do for the time being. You're an intern. AND you're getting paid.  Believe you me, there are a million others that would kill for a position like that and are in much worse circumstances. Don't take it for granted."}
{"_id": "117007", "title": "", "text": "I think is an excellent idea. Use free money or almost free to do a lump sump payment. My recommendation is to have a reminder to pay credit card before, almost finishing, the 0% APR period."}
{"_id": "117010", "title": "", "text": "\"&gt;Because selling gold and buying dollars has an effect on the market: it reduces the value of gold, and increases the value of dollars.  Ah, but with all the business you'd do in gold, you'd constantly be increasing the value of gold. Think of it!  I'm pretty sure that most people want to be paid in dollars not simply because of the fact that their taxes have to be paid in it, but because of it's universality. Not everyone has a use for a sack of barley, or a fish, or some gold dust. But you can buy whatever you want with an amount of dollars.   &gt;As the value of gold increases over time, the government taxes the increased value as \"\"capital gains tax\"\".  It's only taxed at a 15.5% rate, IIRC. You'd probably come out ahead.\""}
{"_id": "117049", "title": "", "text": "\"It's easy for me to look at an IRA, no deposits or withdrawal in a year, and compare the return to some index. Once you start adding transactions, not so easy. Here's a method that answers your goal as closely as I can offer: SPY goes back to 1993. It's the most quoted EFT that replicates the S&P 500, and you specifically asked to compare how the investment would have gone if you were in such a fund. This is an important distinction, as I don't have to adjust for its .09% expense, as you would have been subject to it in this fund. Simply go to Yahoo, and start with the historical prices. Easy to do this on a spreadsheet. I'll assume you can find all your purchases inc dates & dollars invested. Look these up and treat those dollars as purchases of SPY. Once the list is done, go back and look up the dividends, issues quarterly, and on the dividend date, add the shares it would purchase based on that day's price. Of course, any withdrawals get accounted for the same way, take out the number of SPY shares it would have bought. Remember to include the commission on SPY, whatever your broker charges.  If I've missed something, I'm sure we'll see someone point that out, I'd be happy to edit that in, to make this wiki-worthy.  Edit - due to the nature of comments and the inability to edit, I'm adding this here. Perhaps I'm reading the question too pedantically, perhaps not. I'm reading it as \"\"if instead of doing whatever I did, I invested in an S&P index fund, how would I have performed?\"\" To measure one's return against a benchmark, the mechanics of the benchmarks calculation are not needed. In a comment I offer an example - if there were an ETF based on some type of black-box investing for which the investments were not disclosed at all, only day's end pricing, my answer above still applies exactly. The validity of such comparisons is a different question, but the fact that the formulation of the EFT doesn't come into play remains. In my comment below which I removed I hypothesized an ETF name, not intending it to come off as sarcastic. For the record, if one wishes to start JoesETF, I'm ok with it.\""}
{"_id": "117065", "title": "", "text": "It is illegal.   Coverage has a lot of minimum requirements.      What has really hurt Obamacare is that it groups those that were formerly uninsured, with those that don't have employer insurance.      It turns out those that were previously uninsured (often very poor) are very expensive to insure.   So that has forced up premiums on everyone else.       The link of health insurance to employment in the US is to blame.  The sooner everyone is forced to buy their own insurance, and then preferably the government offers medicare buy in for all, the sooner the system can be cleaned up."}
{"_id": "117077", "title": "", "text": "\"Never forget that student lenders and their collection agencies are dangerous and clever predators, and you, the student borrower, are their legal prey. They look at you and think, \"\"food.\"\" My friend said she never pays her student loans and nothing has happened.  She's wrong. Something has happened. She just doesn't know about it yet. Each unpaid bill, with penalties, has been added to the balance of her loan.  Now she owes that money also. And she owes interest on it. That balance is probably building up very fast indeed. She's playing right into the hands of her student lender. They are smiling about this. When the balance gets large enough to make it worthwhile, her student lender will retain an aggressive collection agency to recover the entire balance. The agency will come after her in court, and they are likely to win.  If your friend lives in the US, she'll discover that she can't declare bankruptcy to escape this. She has the bankruptcy \"\"reform\"\" act of 2006, passed during the Bush 43 regime, to thank for this. A court judgement against her will make it harder for her to find a job and even a spouse. I'm not saying this is right or just. I believe it is wrong and unjust to make university graduates into debt slaves. But it is true. As for being paid under the table, I hope your friend intends on dying rather than retiring when she no longer can work due to age. If she's paid under the table she will not be eligible for social security payments.  You need sixteen calendar quarters of social security credit to be eligible for payments.  I know somebody like this. It's a hell of a way to live, especially on weekends when the local church feeding programs don't operate.  Paying people under the table ought to be a felony for the business owner.\""}
{"_id": "117082", "title": "", "text": "\"Someone who buys a stock is fundamentally buying a share of all future dividends, plus the future liquidation value of the company in the event that it is liquidated.  While some investors may buy stocks in the hope that they will be able to find other people willing to pay more for the stock than they did, that's a zero sum game.  The only way investors can make money in the aggregate is if either stocks pay dividends or if the money paid for company assets at liquidation exceeds total net price for which the company sold shares. One advantage of dividends from a market-rationality perspective is that dividend payments are easy to evaluate than company value.  Ideally, the share price of a company should match the present per-share cash value of all future dividends and liquidation, but it's generally impossible to know in advance what that value will be.  Stock prices may sometimes rise because of factors which increase the expected per-share cash value of future dividends and liquidations. In a sane market, rising prices on an item will reduce people's eagerness to buy and increase people's eagerness to sell.  Unfortunately, in a marketplace where steady price appreciation is expected the feedback mechanisms responsible for stability get reversed.  Rapidly rising prices act as a red flag to buyers--unfortunately, bulls don't see red flags as signal to stop, but rather as a signal to charge ahead. For a variety of reasons including the disparate treatment of dividends and capital gains, it's often not practical for a company to try to stabilize stock prices through dividends and stock sales.  Nonetheless, dividends are in a sense far more \"\"real\"\" than stock price appreciation, since paying dividends generally requires that companies actually have sources of revenues and profits.  By contrast, it's possible for stock prices to go through the roof for companies which have relatively few assets of value and no real expectation of becoming profitable businesses, simply because investors see rising stock prices as a \"\"buy\"\" signal independent of any real worth.\""}
{"_id": "117085", "title": "", "text": "\"Everyone has made some good points that I was going to mention but to put it in terms that might make it easier to decide. As stated by others, paying off debt and being free is always the goal and desirable. However, you must also consider the \"\"efficiency\"\" of what you do as well. For example, there are two common types of student loans (there are others but let's focus on these) and that is subsidized and unsubsidized. The main difference? Subsidized loans don't earn interest on your balance while you are in school, it only happens when you graduate and come out of repayment grace period. Unsubsidized loans begin accumulating interest the moment they are disbursed, but you are not required to make payments on them until you graduate. All student loans are deferred until you graduate and exhaust your grace period or other means of deferring your payment, say for example a postponement or forbearance. However, it is often recommended that on UNSUBSIDIZED loans, you pay down your principle while still in school to avoid that massive interest amount that will get added to it when you are officially in repayment. On the other hand, it is often (if not always) recommended that you hold off on paying SUBSIDIZED loans until you are done and go into repayment, as for all intents and purposes its not costing you anything extra to wait. Family and parent loans are considered and treated more like personal loans, so treat them as such. Hope that helps. Also, don't forget to take advantage of the income based repayment options, as they will make the payments manageable enough to avoid making them a burden while you are trying to get a job and go post education. Further reading:  Income-Driven Plans (Department of Education) Income-Driven Repayment Plans (nelnet)\""}
{"_id": "117096", "title": "", "text": "I wonder if there will actually be a two-way debate on this.  Discriminatory pricing is a tried-and-true financial and economic concept that is widely employed to great success across the globe.  Even utilities have variable pricing based on needs and demand.  Net neutrality is actually a threat to one main subset of the economy:  The free content model.  If your business model does not account for the cost to deliver your content, and instead relies on free distribution, then it's the business model that is questionable - not the model of distribution for cost.  Something to think about.  I welcome a debate here."}
{"_id": "117139", "title": "", "text": "We will send your order carefully soon after checking and give you tracking information after shipping.We ship to over 150 countries all over the world. We use different International shipping options based on your shipping choice. Please check all available shipping options below and choose one of them when checking out."}
{"_id": "117145", "title": "", "text": "\"If you want your bank to pay $1 to a beneficiary Bob, then the service (no matter how implemented) needs to result in Bob's bank saying to Bob \"\"Hey, I owe you $1\"\".    The usual way how this is done consists of two parts - your bank needs to somehow tell Bob's bank \"\"hey guys, do us a favor and please give Bob $1 with a message from the sender\"\", and your bank needs to convince the other bank that they'll pay for (cover) that. This is the main source for the delays in international payments - there are thousands of banks, and most of possible pairs have no legal contact between themselves whatsoever, no bilateral agreements, no trust and no reasonable enforcement mechanism for small claims. If I'm Bob's bank, then a random bank from anywhere from Switzerland to Nigeria can send me an instruction \"\"give Bob $1, we'll make it up for you\"\", the SWIFT network is a common way of doing this. However, most likely I'm going to give Bob the money only after I receive the funds somehow, which means that they have given the money to some institution I work with. For payments within a single country, it often is a centralized exchange or a central bank, and the payment speed is then determined by the details of that particular single payment network - e.g. UK Faster Payments or the various systems used in USA. For international payments, it may require a chain of multiple intermediaries (correspondent banks) - for example, a payment of $1mm from Kazakhstan to China will likely involve the Kazakhstan bank asking their main correspondent in USA (some major bank such as Chase JPMorgan) to give the money to the relevant chinese bank's correspondent in USA (say, Citi) to then give the money to that chinese bank to then give the money to the actual recipient. Each of those steps can happen because those entities have bilateral agreements, trust and accounts with each other; and each of those steps generally takes time and verification. If you want all payments to happen instantly, then you need all institutions to join a single binding payment system. It's not as easy as it sounds, as it is a nightmare of jurisdiction - for example, if you'd want me (as Bob's bank) to credit Bob instantly, then the system needs to provide solid guarantees that I would get paid even if (a) the payer institution changes its mind, made a mistake or intentional fraud; (b) the payer institution goes insolvent; (c) the system provider gets insolvent. Providing such guarantees is expensive, they need to be backed by multi-billion capital, and they're unrealistic to enforce across jurisdictions (e.g. would an Iranian bank get recourse if some funds got blocked because of USA sanctions). The biggest such project as far as I know is SEPA, across most of Europe. Visa and MasterCard networks perform the same function - a merchant gets paid by the CC network even if the payer can't pay his CC bill or the paying bank goes insolvent.\""}
{"_id": "117158", "title": "", "text": "It is typically very easy to roll a 401(k) into an IRA.  Companies that provide IRA's are very experienced with it, and I would expect that they will take your calls from overseas. You will likely be able to do it over the internet without using a phone at all. Just open an IRA with any brokerage company (Scottrade, Vanguard, Fidelity, Schwab, Ameritrade, etc.) and follow instructions to roll your 401(k) into it.  Most likely they will need your signature, but usually a scan of a form you have filled out will do.  Be sure to have information on your 401(k) provider, including your account number there, on hand.  These companies are all very reputable and this is not a difficult transaction. There's really no downside to rolling into an IRA.  401(k) plans usually have more limited options and/or worse fee structures and are frequently harder to work with, as you have observed."}
{"_id": "117174", "title": "", "text": "\"there's a large gap between  \"\"scheming group of evil masterminds\"\" and   \"\"since we're just people making $800,000 or more, there can exist no organic or intended collective desire for us to perpetuate or push for socio-culturo-political systems which tend to ensure our continued wealth\"\" though.\""}
{"_id": "117177", "title": "", "text": "I've had stock options at two different jobs.   If you are not getting a significant ownership stake, but rather just a portion of options as incentive to come work there, I would value them at $0.    If you get the same salary and benefits, but no stock options at another company and you like the other company better, I'd go to the other company. I say this because there are so many legal changes that seem to take value from you that you might as well not consider the options in your debate. That being said, the most important question I'd want to know is what incentive does the company have to going public or getting bought?    If the company is majority owned by investors, the stock options are likely to be worth something if you wait long enough.   You are essentially following someone else's bet.    If the company is owned by 2 or 3 individuals who want to make lots of money, they may or may not decide to sell or go public."}
{"_id": "117203", "title": "", "text": "Union Hills Ace Hardware store, located in Phoenix, Arizona, wrote a new blog about safe BBQ grilling practices  Summary: Summer in Phoenix Arizona is back yard BBQ season. Union Hills Ace Hardware hopes you have fun and practice safe grilling by following a few simple, precautionary guidelines for the backyard BBQ"}
{"_id": "117222", "title": "", "text": "That very idea of saving is precisely what Fed monetary policy is trying to prevent.  Create demand by forcing savers to spend... then barrow when they run out.  You don't have money... you have the next bailout for the banks."}
{"_id": "117229", "title": "", "text": "It's Nature, it's one of the most respected scientific journals.  Nobody here is passing any judgment on Trump, the OP is showing that there's a bias for people with higher education to vote liberal. That's just a fact, nobody is saying that this statistic invalidates conservative beliefs."}
{"_id": "117232", "title": "", "text": "Yeah but this is pure assumption you have no proof of this. Youre grossly underestimating how many people use marijuana regularly and responsibly also for medical needs. Theres a reason why your opinion is becoming more unpopular and that's because marijuana prohibition was founded on lies and racist polices not facts."}
{"_id": "117233", "title": "", "text": "The only thing that I refuse to buy generic is trash bags.  I've tried several different generic versions of trash bags and all of them ripped very easily.  I'll spend the extra money for Hefty or Glad so I don't have to clean up trash."}
{"_id": "117237", "title": "", "text": "[I think this quote is utter bullshit](https://cdn-images-1.medium.com/max/1400/0*ORZDlqkUmjUTH35z.png)- but that's just my opinion.   Since they referenced Dragons Den/Shark Tank- that's how you see so many entrepreneurs on those shows who are doing that and failing- divorced, remortaged house, no one left and a disaster."}
{"_id": "117238", "title": "", "text": "Please do not read this and think Taco Bell is healthy. Maybe compared to other places that are exceptionally bad for you. But it is not healthy.   I am not saying never eat it. Who doesn't like Taco Bell every now and again?  But please don't think eating there is healthy. No matter what you order its processed food that will never give you the macronutrients and benefits real food offers."}
{"_id": "117251", "title": "", "text": "Framing is not fraud. Fraud is a material misrepresentation of facts for financial gain. You need to misrepresent actual facts.  As for harm, the difference is consent. There is an ethical mandate to protect innocent from harm by others, but no similar mandate to protect them from themselves."}
{"_id": "117262", "title": "", "text": "That's your assumption, but the details are there are different tiers of liability depending on the level of employees you have. Have 5,000+ you must pay this increased level of medical insurance or other liabilities.   So if he has 7,000 employees and increased liabilities would happen at 5,000+ ---- sounds like there's a $$ incentive to decrease to 4,999.   That's not emotion, that's just business.  The irony would be if he sold to a Chinese company, that cuts employee benefits and wages and sends most of the profit home while employing tax shelters to yield as little as possible in taxes."}
{"_id": "117266", "title": "", "text": "I see the opposite in my area. For example, there is this place where I am at called Fuzzy's Tacos. The place SUCKS! most of the filtered reviews are negative and the positive ones make it while the negative ones are screened.   tl;dr - Fuzzy's Tacos sucks."}
{"_id": "117267", "title": "", "text": "There is only a catch if you swallow the hook.  The hook is that the bank hopes you will use the increased credit limit to buy more stuff, and not pay what you owe before the interest-free period expires.  This will allow them to charge their high interest rate on the outstanding balance.  Now if you don't increase your spending, and keep paying your balance in full, nothing happens."}
{"_id": "117274", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Ezee Auto Car Title Loans Encinitas CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Ezee Auto Car Title Loans Encinitas CA 1106 2nd St. Suite 561-H Encinitas, CA 92024 760-642-5502 ezautotitle2310@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-encinitas-ca/"}
{"_id": "117276", "title": "", "text": ""}
{"_id": "117280", "title": "", "text": "Chairman &amp; Managing Director Sh. Himanshu Sampat of AAMANI SPACES LIMITED Announced to Make Dhanvantari Dham &amp; Health Resorts at AAMANI SIR TOWNSHIP AT DHOLERA SIR On 25 th February on the Occasion of National Ayurveda Summit 2014 in the Presence of Honorable P.M. SH."}
{"_id": "117286", "title": "", "text": "The principles behind creating and keeping those entities are reasonable, civilized, and economically sound.  That being said, after seeing what the practical application became, I can't say I disagree with you. It might be a failed experiment at this point.   The racial angle at the end cheapens your argument, though."}
{"_id": "117317", "title": "", "text": "\"I commend you for your desire to be a smart and engaged investor. Regarding the other comments, yes the market is unpredictable and dangerous, but such is everything that leads to profit.  I am currently reading, \"\"Advanced Options Pricing Models\"\" (Katz and McCormick) - mighy be at your local library. The book is helpful because in explaining the options market, it covers basic stock methodologies and then builds on them as it pursues a quant's math/computation based view of the market. The book is highly math oriented and discusses authors' custom design scripts/alogrithms to analyze market behavior. See similar post about technical analysis (since it often directs short term trading decisisions).\""}
{"_id": "117331", "title": "", "text": "this can be the words that sustains me on track straight through my day. I\u2019ve been searching around due to this site after being known as them from the colleague and was thrilled after i could locate it after in search of very long time."}
{"_id": "117332", "title": "", "text": "Yeah dude, I bootstrapped a business with my husband, from part-time while consulting to over $600k/yr in its 3rd year. I don't know nothin' bout no business!  Grow up, my friend.   The whole VC industry is a numbers game, and you're the numbers."}
{"_id": "117378", "title": "", "text": "Fuel prices are regulated in most countires. The way its regulated differs. Essentially the idea is once the retail prices are up, they are normally kept that level so that a buffer profit is built, now if the fuel prices increase beyond the retail price can still be kept same using the buffer built up."}
{"_id": "117379", "title": "", "text": "If you're not worried about making the car loan payments, why would you want to pay off a loan that is not charging you any interest? Pay off the interest bearing student loan."}
{"_id": "117391", "title": "", "text": "\"19500 - The balance isn't held all month. It's held on average for half a month (assuming the days money was spent was randomly distributed).  260/(1.5% - 4%/(24))  Edit: That answer only works if they pay off their balance at the end of the month - 260/(1.5% - 4%*(3/24)) gives 26000 if the average balance is held for a month and a half. But either way, leaving out the \"\"half a month\"\" results in a messy number.\""}
{"_id": "117392", "title": "", "text": "So true. I went to my grocery store and bought $7 worth of wings. They were way better than BBW and lasted me two meals. I go to BBW and for $7 you will leave hungry, plus service is terrible, noise is too loud and you're expected to tip. I once went to BBW and they had a deal for boneless chicken wings for like $1 each. Well they are like chicken nuggets that are smaller but more over priced."}
{"_id": "117395", "title": "", "text": "The store keeps track of what you buy. It is all part of their big data. The knowledge of what you buy helps them project future sales. It allows them to target their marketing. But maybe even more importantly they can sell this knowledge to outside companies. They aren't going to give away that information to another company that would love to have that data, just so they could sell it. Stores use those loyalty cards to be able to link your household to those purchases. Those discounts, or free products, are what they use to entice you to give up your privacy.  The fact that in your town young adults love caramel apples, even more than the town next door, makes them confident that your town will love caramel apple scented shampoo. Thus they send you coupons when it become available. They will also sell this knowledge to the shampoo companies. Do some stores make it possible for you to download the data? Yes they do. Apple stores send all receipts via email. Kohls allows me to see detail information about my transactions on line. There must be others. I don't know if any are grocery stores."}
{"_id": "117415", "title": "", "text": "Not going to happen for Facebook since there will be too much demand and the order will go to the top clients of the underwriting investment banks.  In general though, if you wanted a piece of a smaller IPO you'd just have to get in touch with a broker whose investment banking department is on the underwriting syndicate (say Merrill Lynch or Smith Barney) since IPOs often have a percentage that they allocate to retail clients (i.e. you) as well as institutional (i.e. hedge funds, pension funds, mutual funds etc.). The more in demand the IPO the harder it is to get a piece."}
{"_id": "117417", "title": "", "text": "If you get a mortgage on the new property, you can almost surely get better than 9% today. I refinanced my house a year or so ago at 4%.  You didn't say how much the new house will cost or how much of your cash you're willing to put to it, but just to make up a number say the house costs $200,000 and you'll pay $100,000 with cash. So you could keep the $50,000 at 9% and get a new $100,000 at 4%, or you could pay off the old loan so you have $0 at 9% and $150,000 at 4%. Clearly plan B is significantly less interest -- 5% x $50,000 = $2,500 per year.  If you can afford to buy the new house without getting a loan at all, it gets more complicated. By not getting a loan, you avoid closing costs, typically several thousand dollars. Would the amount you save on closing costs be more than the difference in interest? I think probably not, but I'd check into it. If paying off the old loan means that your down payment on the new place is now low enough that you have to pay mortgage insurance, you'd have to factor that in. I can't say without knowing the numbers, but I'd guess PMI would be less than the interest savings, but maybe not. Oh, I assume that you're planning to keep the old house. If you sell it, this whole question becomes a moot point, as most mortgages have a due-on-sale clause."}
{"_id": "117422", "title": "", "text": "&gt; CNC units without touch screens and fancy alignment cameras cost 2k. If they don't sell enough units in time, maybe they'll have to close shop?  They do, but they usually have a very small operating envelope and limited ability to cut through thicker materials.  If you want something which can cut a full sheet of plywood, you need to spend $10K+, and it requires proper installation in a permanent location.   I think the beauty of this product is that it fits between those two extremes. It doesn't provide fully automated cutting, but it does allow you to cut large sheets of plywood that only a machine costing 10x can do.  I think the problem is that the product is very niche.  Most wood workshops who are successful and making lots of furniture will invest in a large format CNC router, and they'll probably keep it running as many hours as possible to get back the investment.  Maybe they'd buy one as a secondary CNC cutter? Instead of setting up the large machine for a small job, they can grab the handheld CNC, and do the cut quickly. It's like a backup tool.  So where does it sit on the novelty vs practicality spectrum?  I think this is very much aimed at the cashed up hobbyist and smaller boutique workshop, maker spaces, schools, etc.  I can afford it, but I'd find it hard to justify because I don't think I'd get enough use out of it."}
{"_id": "117427", "title": "", "text": "What a great idea! A small business owner helping other small business owners. It's true -- to be a relevant small business in this day and age, you have to be visible on the world wide web. I use the world wide web multiple times a day to get information about businesses that I am interested in doing business with or to comparative shop. I don't think I am alone in this."}
{"_id": "117429", "title": "", "text": "I'm going to give the succinct, plain language version of the answers:  1.    Your oldest active credit agreement is not very old You don't have much experience or history for me to base my analysis on -- how do I know I can trust you to pay back the money? 2.    You have no active credit card accounts Other people haven't trusted you with credit or you haven't trusted yourself with credit and there's no active good behavior of paying credit cards on time -- you want me to be the first one to go out on a limb and loan you money? How do I know I can trust you to pay back the money?"}
{"_id": "117431", "title": "", "text": "\"No system is going to be perfect, especially one that is totally inflexible. But it is a lot easier to say no to someone when you can back it up by saying \"\"I think this is going to take 2,000 hours and the CEO has only granted you 1,000 hours. Figure out what you can live without and get back to me.\"\"\""}
{"_id": "117451", "title": "", "text": "Your question is a moving target. And my answer will be subject to revision. I disagree with the votes to close, as you are asking (imho) what role commodities and specifically oil, play in one's asset allocation. Right? How much may be opinion, but there's a place to ask if.  I'm looking at this chart, and thinking, long term, the real return is zero. The discussion regarding gold has been pretty exhausted. For oil, it's not tough to make the case that it will fluctuate, but long term, there's no compelling reason to believe its price will rise any faster than inflation over the really long term."}
{"_id": "117491", "title": "", "text": "Someone entering a casino with $15 could employ a very simple strategy and have a better-than-90% chance of walking out with $16.  Unfortunately, the person would have a non-trivial chance (about one in 14) of walking out with $0. If after losing $15 the person withdrew $240 from the bank and tried to win $16, the person would have a better-than-90% chance of succeeding and ending up ahead (holding the original $15, plus the additional $240, plus $1) but would have at that point about a one in 14 chance from that point of losing the $240 along with the original $15.  Measured from the starting point, you'd have about a 199 out of 200 chance of gaining $1, and a one out of 200 chance of losing $240. Market-timing bets are like that.  You can arrange things so you have a significant chance of making a small profit, but at the risk of a large downside.  If you haven't firmly decided exactly how much downside you are willing to accept, it's very easy to simultaneously believe you don't have much money at risk, but that you'll be able to win back anything you lose.  The only way you can hope to win back anything you lose is by bringing a lot more money to the table, which will of course greatly increase your downside risk. The probability of making money for the person willing to accept $15 of downside risk to earn $1 is about 93%.  The probability of making money for the person willing to accept $255 worth of risk is about 99.5%.  It's easy to see that there are ways of playing which have a 99.5% chance of winning, and that there are ways of playing that only have a 15:1 downside risk.  Unfortunately, the ways of playing that have the smaller risk don't have anything near a 99.9% chance of winning, and those that have a better chance of winning have a much larger downside risk."}
{"_id": "117498", "title": "", "text": "This is no bullshit... at a sales conference in Paris she didn't want to be bothered with having to mingle with the regular folks. Her solution... she setup a helicopter to ferry her from the conference center/hotel to where she was really staying (*some other fancy ass hotel*) just so she didn't have to interact with the commoners.   It's shit like this which has led to so many die hard HP people (*myself included*) leaving the company in the past decade. Today the culture and management is nothing like Bill and Dave wanted."}
{"_id": "117509", "title": "", "text": "What kind of financial analysis would make you comfortable about this decision? The HELOC and ARM are the biggest red flags to me in your current situation.  While I don't expect interest rates to skyrocket in the near future, they introduce an interest rate risk that is easy to get rid of.  Getting rid of the HELOC and converting to a fixed mortgage would be my first priority. If you also want to upgrade to a new home at the same time (meaning buy a new home contingent on the sale of your first, paying off the HELOC and mortgage), that's fine, but make sure that you can comfortably afford the payment on a fixed-rate mortgage with at least 20% down. I would not take additional cash out of your equity just to save it.  You're going to pay more in interest that you're going to get in savings.   From there things get trickier.   While many people would keep the first property on a mortgage and rent it out, I am not willing to be a landlord for a part-time job, especially when the interest on the mortgage gouges my return on the rent.  PLus leverage increases the risks as well - all it takes is to go one or two months without rent and you can find yourself unable to make a mortgage payment, wrecking your credit and possibly risking foreclosure. So my options in order of precedence would be: At what point does it make sense to become a landlord? The complicated answer is when the benefits (rent, appreciation) relative to the costs (maintenance, interest, taxes, etc.) and risks (lost rent, bad renters, home value variance) give you a better return that you could find in investments of similar risk.  The simple answer is when you can pay cash for it.  That takes interest and lost rent out of the equation.   Again, some are willing to take those risks and pay 20% down on rental property.  Some are able to make it work.  Some of those go broke or lose their properties.   when calculating the 20% down of a new property, does that need to be liquid funds, or can that be based on the value of the home you are selling You can make the purchase of the new home contingent on the sale of the first if you need to get the equity out of it to make the 20%.  Do NOT refinance the first just to pull out the equity to make a down payment.  It's not worth the fees of a refinance."}
{"_id": "117519", "title": "", "text": "\"Yes, it would have been run in a way so as to defend Blockbuster's core business model, nothing more.   Blockbuster would have never figured out that their job was \"\"to become HBO before HBO becomes Netflix,\"\" to paraphrase Netflix's CEO.   If Blockbuster had purchased Netflix, it's a guarantee that you would not be watching season 2 of Stranger Things right now, because Blockbuster would likely have never moved into original content.\""}
{"_id": "117548", "title": "", "text": "In addition, the antique motorcycle elements are becoming notably famous in that town and ultimately, severa clients are willingly trying to find it. What's extra, it spares the coins and time by using the shopping on showrooms. In this way, it is incredibly treasured for the customers to render Indian Daytona fashions for purchasing the ones bicycles easily. In any case, it makes the overall populace watch positive model to render special types of the motorbike to get it. Likewise, it is appropriate for every human beings to address their high-quality and attractive conventional race bicycles to get it on the web."}
{"_id": "117564", "title": "", "text": "\"Yeah, it's actually not bad at all. I found the article a pleasant surprise and more memorable because of that.  If we're not reading complaints about \"\"Don't put the punchline in the title!\"\" we're reading complaints about \"\"I got the wrong impression from the title!\"\"\""}
{"_id": "117576", "title": "", "text": "\"A stock split can force short sellers of penny stocks to cover their shorts and cauuse the price to appreciate.  Example:  Someone shorts a worthless pump and dump stock, 10,000 shares at .50.  They have to put up $25,000.00 in margin ($2.50 per share for stocks under $2.50).  The company announces a 3 to 1 split.  Now the short investor must come up with $50,000.00 additional margin or be be \"\"bought in\"\". The short squeeze is on.\""}
{"_id": "117578", "title": "", "text": "\"Inflation is an attempt to measure how much less money is worth. It is a weighted average of some bundle of goods and services price's increase.  Money's value is in what you can exchange it for, so higher prices means money is worth less. Monthly inflation is quoted either as \"\"a year, ending on that month\"\" or \"\"since the previous month\"\".  As the values differ by more than a factor of 10, you can usually tell which one is being referred to when they say \"\"inflation in August was 0.4%, a record high\"\" or \"\"inflation in August was 3.6%\"\".  You do need some context of the state of the economy, and how surprised the people talking about the numbers are.  Sometimes they refer to inflation since the last month, and then annualize it, which adds to the confusion. \"\"Consumer Inflation\"\"'s value depends on what the basket of goods is, and what you define as the same \"\"good\"\".  Is a computer this year the same as the last?  If the computer is 10x faster, do you ignore that, or factor it in? What basket do you use?  The typical monthly consumables purchased by a middle class citizen?  By a poor citizen?  By a rich citizen?  A mixture, and if so which mixture? More detailed inflation figures can focus on inflation facing each quntile of the population by household income, split durable goods from non-durable goods from services, split wage from non-wage inflation, ignore volatile things like food and energy, etc. Inflation doesn't directly cause prices to raise; instead it is a measure of how much raise in prices happened.  It can easily be a self-fullfilling prophesy, as inflation expectations can lead to everyone automatically increasing the price they charge for everything (wages, goods, etc). Inflation can be viewed as a measurement of the \"\"cost of holding cash\"\".  At 10% inflation per year, holding a million dollars in cash for a year costs you 100,000$ in buying power.  At 1% inflation it costs 10,000$.  At 0.1% inflation, 1000$. Inflation of 10% in one year, followed by 10% the next, adds up to 1.1*1.1-1 = 21% inflation over the two years.  For low inflation numbers this acts a lot like adding; the further from 0% you get the more the lower-order terms make the result larger.  1% inflation for two years adds up to 2.01%, 10% over two years 21%, 100% over two years 300%, 1000% over two years 12000%, etc.  (and yes, some places suffer 1000% inflation)\""}
{"_id": "117602", "title": "", "text": "\"Basically, your CC is (if normal) compounded monthly, based on a yearly APR. To calculate the amount of interest you'd pay on each of these accounts in a year, pull up a spreadsheet like Office Excel. Put in your current balance, then multiply it by the annual interest rate divided by 12, and add that quantity to the balance. Subtract any payment you make, and the result is your new balance. You can project this out for several months to get a good estimate of what you'll pay; in accounting or finance terms, what you're creating is an \"\"amortization table\"\". So, with a $10,000 balance, at 13.99% interest and making payments of $200/mo, the amortization table for one year's payments might look like: As you can see, $200 isn't paying down this card very quickly. In one year, you will have paid $2,400, of which $1,332.25 went straight into the bank's pockets in interest charges, reducing your balance by only $1,067.75. Up the payments to $300/mo, and in 1 year you will have paid $3,600, and only been charged $1,252.24 in interest, so you'll have reduced your balance by $2,347.76 to only $7,652.24, which further reduces interest charges down the line. You can track the differences in the Excel sheet and play \"\"what-ifs\"\" very easily to see the ramifications of spending your $5,000 in various ways. Understand that although, for instance, 13.99% may be your base interest rate, if the account has become delinquent, or you made any cash advances or balance transfers, higher or lower interest rates may be charged on a portion of the balance or the entire balance, depending on what's going on with your account; a balance transfer may get 0% interest for a year, then 19.99% interest after that if not paid off. Cash advances are ALWAYS charged at exorbitantly high rates, up to 40% APR.  Most credit card bills will include what may be called an \"\"effective APR\"\", which is a weighted average APR of all the various sub-balances of your account and the interest rates they currently have. Understand that your payment first pays off interest accrued during the past cycle, then pays down the principal on the highest-interest portion of the balance first, so if you have made a balance transfer to another card and are using that card for purchases, the only way to avoid interest on the transfer at the post-incentive rates is to pay off the ENTIRE balance in a year. The minimum payment on a credit card USED to be just the amount of accrued interest or sometimes even less; if you paid only the minimum payment, the balance would never decrease (and may increase). In the wake of the 2008 credit crisis, most banks now enforce a higher minimum payment such that you would pay off the balance in between 3 and 5 years by making only minimum payments. This isn't strictly required AFAIK, but because banks ARE required by the CARD Act to disclose the payoff period at the minimum payment (which would be \"\"never\"\" under most previous policies), the higher minimum payments give cardholders hope that as long as they make the minimum payments and don't charge any more to the card, they will get back to zero.\""}
{"_id": "117603", "title": "", "text": "\"Michael Moore is full of shit. Companies these days are competing in a global marketplace. If you can't stay competative, you get left behind - there are no \"\"home countries\"\" and no loyalty to either any one nation or employees anymore.  If your job got outsourced then I'm sorry - you were doing menial labor. Skilled work rarely gets outsourced because the Asian labor market doesn't have the skilled workforce to handle it right now. Maybe in 10 years they will, but right now the only kind of work they do is grunt work.\""}
{"_id": "117616", "title": "", "text": "Click http://AdamEve.com enter offer code MOB50 at the checkout and get 50% Off on almost any single item, Free Shipping, 3 Hot DVDs, and a mystery gift.   The Lucidity Skye LED Clit Vibe is a twinkling clit vibrator that lights up your sex life! Grab this amazing clit vibe at Adam &amp; Eve and experience this fun toy\u2019s teasers and ticklers, as well as its exciting LED light.  Adam and Eve is the America\u2019s Trusted Store for Adult Products for 45 years!  \u2714 Adam and Eve Triple Guarantee \u2714 No Hassle 90 Days Return \u2714 Discreet Billing and Shipping \u2714 24/7 Customer Service"}
{"_id": "117627", "title": "", "text": "Whole life policies have its own useful purpose, but it is never meant to be a vehicle that allows you to maximize cash value accumulation. Yes, you can buy term and invest the difference. Assuming you set out to reduce your liabilities to zero/minimum when that term policy ends or you have no such desires to transfer your wealth to your next of kin income tax free. Indexed universal life and variable universal life is much better suited for cash value accumulation when looking at life insurance products."}
{"_id": "117634", "title": "", "text": "Sure, with some general rules of thumb: what is the minimum portfolio balance to avoid paying too much for transaction fees? Well, the fee doesn't change with portfolio balance or order size, so I don't know what you're trying to do here.  The way to have less transaction fees is to have less transactions.  That means no day-trading, no option rolling, etc.  A Buy-and-hold strategy (with free dividend reinvestment if available) will minimize transaction fees."}
{"_id": "117640", "title": "", "text": "Try the following apps/services: Receipt Bank (paid service, gathers paper receipts, scans them and processes the data), I've tested it, and it recognizing receipts very well, taking picture is very quick and easy, then you can upload the expenses into your accounting software by a click or automatically (e.g. FreeAgent), however the service it's a bit expensive. They've apps for Android and iPhone. Expentory (app and cloud-based service for capturing expense receipts on the move),"}
{"_id": "117661", "title": "", "text": "You are using interchangeably borrow/loan and gift. They are very different. For the mortgage company, they would prefer that the money from friends and family be a gift. If it is a loan, then you  have an obligation to pay it back. If they see money added to your bank accounts in the months just before getting the loan, they will ask for the source of the money. Anything you claim as a gift will be required to be documented by you and the person making the gift. You don't want to lie about it, and have the other person lie about it. They will make you sign documents, if they catch you in a lie you can lose the loan, or be prosecuted for fraud. If the money from friends and family is a loan, the payments for the loan will impact the amount of money you can borrow. From the view of the IRS the gift tax only comes into play if during one calendar year a person makes a gift to somebody else of 14,000 or more. There are two points related to this. It is person-to-person. So if your dad gives you 14K, and your mom gives you 14K, and your dad gives your wife 14k and your mom gives your wife 14K; everything is fine. So two people can give 2 people 56K in one year. Please use separate checks to make it clear to the IRS. If somebody gives a gift above the exclusion limit for the year, they will have to complete IRS form 709. This essentially removes the excess amount from their life time exclusion, in other words from their estate.  Nothing to worry about from the IRS. The bank wants to see the documentation. Also you are not a charity, so they can't claim it as a donation. Why do you have 6,000 in cash sitting around. The mortgage company will want an explanation for all large deposits so you better have a good explanation. From the IRS FAQ on Gift Taxes: What can be excluded from gifts? The general rule is that any gift is   a taxable gift. However, there are many exceptions to this rule.   Generally, the following gifts are not taxable gifts. Number 3 on the list is the one you care about."}
{"_id": "117662", "title": "", "text": "\"We have one of the most business friendly countries in the world, especially banking friendly, and it is not enough for him. It's just a Republican talking point when he says \"\"we have become one of the most bureaucratic, confusing, litigious societies on the planet.\"\" It's just another head of an insanely rich corporation wishing they didn't have anything in their way to doing everything they wanted to do to be even more rich. Cry me a river.\""}
{"_id": "117685", "title": "", "text": "Buy a house when you can, but keep driving your current car until it dies. In ten years' time, a house should be worth more than you paid for it, while a new car will be worth next to nothing. And research shows that buying possessions like cars doesn't actually make you happier, even though you think it will."}
{"_id": "117687", "title": "", "text": "\"I just heard a lot of \"\"They should have known better\"\" lately. On an individual basis there are no excuses for borrowing more than you can pay. However if that many people do it all at the exact same time in dealings with the exact same person, I think it's safe to say the person the are all dealing with might be working against their customers best interests.\""}
{"_id": "117696", "title": "", "text": "\"Rebalancing is, simply, a way of making sure your risk/reward level is where you want it to be. Let's say you've decided that your optimal mix is 50% stocks and 50% bonds (or 50% US stocks, 50% international, or 30/30/30 US large-cap/US small-cap/US midcap...).  So you buy $100 of each, but over time, the prices will of course fluctuate.  At the end of the year, the odds that the ratio of the value of your investments is equal to the starting ratio is nil.  So you rebalance to get your target mix again. Rebalance too often and you end up paying a lot in transaction fees.  Rebalance not often enough and you end up running outsize risk. People who tell you that you should rebalance to make money, or use \"\"dollar cost averaging\"\" or think there is any upside to rebalancing outside of risk management are making assumptions about the market (mean regressing or some such thing) that generally you should avoid.\""}
{"_id": "117700", "title": "", "text": "As I stated above only 50% of the Bahamian economy is tourism, that's a large portion still but not the 90% you claimed it to be so your credibility is suspect at best and it doesn't matter what their economy is reliant on were are talking about income taxes here and they have a strong enough economy and infrastructure for it to be considered a successful tax free country. Everyone country is reliant on something to keep their economy afloat so to diminish how their system works based on that is ridiculous at best. Tourism is almost always a strong economic policy especially for a beautiful nation of islands."}
{"_id": "117703", "title": "", "text": "\"For an example of a company that didn't do that, see Google:  https://www.sec.gov/Archives/edgar/data/1652044/000165204417000014/goog10-qq12017.htm  [emphasis added]  &gt;\"\"Adoption of ASC Topic 606, \"\"Revenue from Contracts with Customers\"\" On January 1, 2017, we adopted Topic 606 using the **modified retrospective method** applied to those contracts which were not completed as of January 1, 2017. Results for reporting periods beginning after January 1, 2017 are presented under Topic 606, while **prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under Topic 605.** We **recorded a net reduction to opening retained earnings of $15 million as of January 1, 2017 due to the cumulative impact of adopting Topic 606**, with the impact primarily related to our non-advertising revenues. The impact to revenues for the quarter ended March 31, 2017 was an increase of $14 million as a result of applying Topic 606.\"\"\""}
{"_id": "117726", "title": "", "text": "Three things  They are the nexus in the nexus of contracts theory.  They do qualitative maturity transformation. Ie, borrow money short and lend it long.  They also aggregate risk that others don't Want to take and sell it to people who do want it. Managing this risk effectively explains 99% of what a bank does."}
{"_id": "117728", "title": "", "text": "The average home in San Francisco is about $1.3 million.  So yes, millionaires.      Prop 13 is generationally discriminatory.  It is terrible tax policy.        If you want to lower property taxes, then make that case.   Making taxes cheaper for older residents than younger irrespective of their socioeconomic situation is just dumb tax policy.  It benefits the rich, to the detriment of the poor and middle class."}
{"_id": "117755", "title": "", "text": "I think I came across wrong. I did not mean to imply that they didn't. I think I should have clarified by saying most business owners put in a ton of work, and most of the successful business owners also got lucky. My point was that the work is a prerequisite to getting lucky."}
{"_id": "117764", "title": "", "text": "Almost every screener is able to do this. Please put effort into researching.  Take the difference between http://finviz.com/screener.ashx?v=111&f=sh_avgvol_o1000,sh_price_u10,ta_highlow52w_nh&ft=4 and http://finviz.com/screener.ashx?v=111&f=sh_avgvol_o1000,sh_price_u5,ta_highlow52w_nh&ft=4 to get your results.  Even MSN Money can do this http://www.msn.com/en-us/money/stockscreener/52weekhighs"}
{"_id": "117778", "title": "", "text": "\"This was purely an attempt to cash in on an overpriced fad.  \"\"Designer\"\" juices are a craze that leads people to buy insanely expensive exotic ingredients like fruits and vegetables, as well as spending hundreds apiece on blenders and different sorts of juicers.  In fact, this has driven up the price of those kitchen appliances very substantially.  There are juice bars selling designer juice blends for $12 a serving, each claimed to promote something such as memory, focus, deep thinking, concentration, relaxation, muscle tone, reduced anxiety, and more, all based on pseudo- or junk science.\""}
{"_id": "117790", "title": "", "text": "\"I know you've clarified that you're in the US, but in case anyone else comes across this question: in the UK this is completely normal (including if you still have outstanding mortgage on your current home). We end up with long \"\"chains\"\" of buyers and sellers all completing / moving on the same day so that the proceeds from one sale can be used as the downpayment on the next.\""}
{"_id": "117800", "title": "", "text": "In the event that you are intending to party it up, don't falter to rent a party bus limo. There is a wide assortment of party bus limos where you can look over. Limos are magnificent for exceptional occasions. This tasteful and sleek auto is a legend."}
{"_id": "117801", "title": "", "text": "Adding to the very good advises above - Concentrate on costs related to investment activity. Note all expenses and costs that you pay. Keep it low."}
{"_id": "117819", "title": "", "text": "I like the user-driven aspect of Yelp. I can look and see a review posted last week that says such-and-such a business is still good. And it can be a restaurant or auto repair or a florist or an ice cream truck that sells meth out of an abandoned gas station. The idea of Yelp is still really good, it's just the corruption that's killing it."}
{"_id": "117822", "title": "", "text": "Since we have Amazon warehouses in Phoenix I get about a quarter of the stuff same day and most of it in 1 day. 1 and 2day is always UPS. If it's same day(ordered after 10pm or before 6am) it's a toss up between DHL, UPS, or a few times, a guy in his car."}
{"_id": "117827", "title": "", "text": "\"The topic you are apparently describing is \"\"safe withdrawal rates\"\", more here. Please, note that the asset allocation is crucial decision with your rates. If you continue to keep a lot in cash, you cannot withdraw too much money \"\"to live and to travel\"\" because the expected return from cash is too low in the long run. In contrast, if you moved to more sensible decision like 30% bonds and 70% world portfolio -- the rates will me a lot different. As you are 30 years old, you could pessimist suppose to live next 100 years -- then your possible withdrawal rates would be much lower than let say over 50 years. Anyway besides deciding asset allocation, you need to estimate the time over which you need your assets. You have currently 24% in liquid cash and 12% in bonds but wait you use the word \"\"variety of funds\"\" with about 150k USD, what are they? Do you have any short-term bonds or TIPS as inflation hedge? Do you miss small and value? What is your sector allocation between small-med-large and value-blend-growth? If you are risk-averse, you could add some value small. Read the site, it does much better job than any question-answer site can do (the link above).\""}
{"_id": "117838", "title": "", "text": "There is a fundamental flaw in this statement:  For example, a home bought cash $100,000 would have to be sold $242,726.247 30 years later just to make up with inflation, and that would be a 0% return. You forgot to deduct rent from your monthly carrying costs.  That changes the calculations significantly.   Your calculations are valid ONLY if you were to buy a house, and let it sit empty, which is unlikely.  Either you are going to live in it, and save yourself $1000 a month in rent, or, you are going to rent it out to someone, and earn an income of $1000 a month. Either way, you're up $1000 a month and this needs to be included."}
{"_id": "117843", "title": "", "text": "\"Having lived in a couple of coutries my perspective on this is \"\"Do apartments gain value or lose value in your area over time?\"\" I've lived in areas where the age of the building vs the inflation of home values has meant apartments steadily lose value and in other areas where they keep up with or beat inflation for most of the life of the building.  Have your real estate agent take a look at the market and see how much a similar apartment in an older building goes for.  If it seems like apartments rapidly depreciate then it may be a good time to take a win.  If age isn't a huge factor in price then it probably doesn't make sense to get rid of a cash generator to put the money into other investments.\""}
{"_id": "117845", "title": "", "text": "\"Your employer could consider procuring benefits via a third party administrator, which provides benefits to and bargains collectively on behalf of multiple small companies.  I used to work for a small start-up that did exactly that to improve their benefits across the board, including the 401k.  The fees were still higher than buying a Vanguard index or ETF directly, but much better than the 1% you're talking about.   In the meantime, here's my non-professional advice from personal experience and hindsight: If you're in a low/medium tax bracket and your 401k sucks, you might be better off to pay the tax up front and invest in a taxable account for the flexibility (assuming you're disciplined enough that you don't need the 401k to protect you from yourself).  If you max out a crappy 401k today, you might miss a better opportunity to contribute to a 401k in the future.  Big expenses could pop up at exactly the same time you get better investment options.   Side note: if not enough employees participate in the 401k, the principals won't be able to take full advantage of it themselves.  I think it's called a \"\"nondiscrimination test\"\" to ensure that the plan benefits all employees, not just the owners and management.  So voting with your feet might be the best way to spark improvement with your employer.  Good luck!\""}
{"_id": "117855", "title": "", "text": "\"SQL is for coders - you want an analysis job.  You're probably having trouble because you don't have a lot of experience and they're looking for a \"\"straight path\"\" to those narrow job descriptions.  I would cold call some of those organizations you want to work at and don't simply rely on submitting an application.  Not sure how you're pursuing your job search, but if you're just applying and crossing your fingers, you're doing it wrong.  Get a premium membership to LinkedIn to begin with, then call and talk to anyone who will listen - make sure you have a solid story to to tell them and a way to highlight your skills.\""}
{"_id": "117875", "title": "", "text": "If you are in an economy which has a decent liquid debt market (corporate bonds, etc.), then you may look into investing in AA or AA+ rated bonds. They can provide higher returns than bank deposits and are virtually risk-free. (Though in severe economic downturns, you can see defaults in even very high-rated bonds, leading to partial or complete loss of value however, this is statistically quite rare). You can make this investment through a debt mutual fund but please make sure that you read through the offer document carefully to understand the investment style of the mutual fund and their expense ratio (which directly affect your returns). In any case, it is always recommended to reach out to an investment adviser who is good with local tax laws to minimize taxes and maximize returns."}
{"_id": "117877", "title": "", "text": "Ultimately, you are the one that is responsible for your tax filings and your payments (It's all linked to your SSN, after all). If this fee/interest is the result of a filing error, and you went through a preparing company which assumes liability for their own errors, then you should speak to them. They will likely correct this and pay the fees.  On the other hand, if this is the result of not making quarterly payments, then you are responsible for it. (Source: Comptroller of Maryland Site) If you [...] do not have Maryland income taxes withheld by an employer, you can make quarterly estimated tax payments as part of a pay-as-you-go plan. If your employer does withhold Maryland taxes from your pay, you may still be required to make quarterly estimated income tax payments if you develop a tax liability that exceeds the amount withheld by your employer by more than $500. From this watered-down public-facing resource, it seems like you'll get hit with fees for not making quarterly payments if your tax liability exceeds $500 beyond what is withheld (currently: $0)."}
{"_id": "117894", "title": "", "text": "I don't want an underslept doctor anywhere near me.  That's how wrong limbs get amputated.  The fact that this kind of abuse happens with doctors is not a green light for cops to do the same."}
{"_id": "117895", "title": "", "text": "\"you could get a discover card and then just \"\"freeze\"\" it.  you might need to unfreeze it for a few minutes when you sign up for a new service, but it is unlikely an ongoing subscription would process a charge in that window. i believe merchants are charged a small fee for a transaction even if it is declined, so they won't try constantly forever. discover account freeze faq capitalone offers this freeze feature on their \"\"360\"\" debit cards. you can even freeze and unfreeze your card from their mobile app. this feature is becoming more common at small banks and credit unions too. i know of 2 small local banks that offer it. in fact, almost any bank can give you a debit card, then set the daily POS limit to 0$, effectively making it an atm-only card. but you may need to call the bank to get that limit temporarily lifted whenever you want to sign up for a new service. alternatively, jejorda2's suggestion of virtual account numbers is a good idea. several banks (including discover) have discontinued that feature, but i believe citi, and boa still offer them. side notes:\""}
{"_id": "117902", "title": "", "text": "\"The \"\"conventional wisdom\"\" is that you should have about 5% of your portfolio in gold. But that's an AVERAGE. Meaning that you might want to have 10% at some times (like now) and 0% in the 1980s. Right now, the price of gold has been rising, because of fears of \"\"easing\"\" Fed monetary policy (for the past decade), culminating in recent \"\"quantitative easing.\"\" In the 1980s, you should have had 0% in gold given the fall of gold in 1981 because of Paul Volcker's monetary tightening policies, and other reasons. Why did gold prices drop in 1981? And a word of caution: If you don't understand the impact of \"\"quantitative easing\"\" or \"\"Paul Volcker\"\" on gold prices, you probably shouldn't be buying it.\""}
{"_id": "117908", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.businessinsider.com/rest-and-vest-millionaire-engineers-who-barely-work-silicon-valley-2017-7) reduced by 96%. (I'm a bot) ***** &gt; OGs refer to engineers who worked at the company before the IPO. &amp;quot;Their Facebook stock quadruples and they don&amp;#039;t leave. They are really good engineers, really indispensable. And then they start to pull 9-5 days,&amp;quot; this person said.  &gt; Facebook declined to comment but several engineers told us that Facebook has a reputation of requiring long hours from their engineers.  &gt; &amp;quot;Most of my friends at Google work four hours a day. They are senior engineers and don&amp;#039;t work hard. They know the Google system, know when to kick into gear. They are engineers, so they optimized the performance cycles of their own jobs,&amp;quot; one engineer described.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s69a6/inside_the_world_of_silicon_valleys_coasters_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~185383 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **engineer**^#1 **work**^#2 **company**^#3 **vest**^#4 **Google**^#5\""}
{"_id": "117921", "title": "", "text": "\"All life insurance is pretty much the same when it comes to cost. You can run the numbers over certain time period and the actual cost of insurance is about the same. A simplified way to explain life insurance and the differences between them below: The 3 characteristics of life insurance: There are 5 popular types of life insurance and they are: Term Whole Life Universal Life Variable Universal Life Indexed Universal Life But first, one must understand the most basic life insurance which is called Annual Renewable Term:  This is a policy that covers 1 year and is renewable every year after. The cost of insurance typically increases each year as the insured ages. So for every year of coverage, your premium increases like in the simplified illustration above. This is the building block of all life insurance, term or permanent. There is no cash value; all premium goes to the cost of insurance.  This is an ART that spans over a longer time period than 1 year (say 5, 10, 15, 20 or 30 years). All the cost is added together then divided by the number of years of coverage to give a level premium payment for the duration of the policy. The longest coverage offered these days is 30 years. There is no cash value; all premium goes to the cost of insurance. The premium is fixed (level) for the term specified. If the policy comes to an end and the owner wishes to renew it, it will be at higher premium. This can be seen in the simplified illustration above for a 15-year term policy.  Because life insurance gets very expensive as you reach old age, life insurance companies came up with a way to make it affordable for the consumer wishing to have coverage for their entire lifespan. They allow you to have interest rate crediting on the cash value account inside the policy.  To have cash value in the first place, you must pay premiums that are more than the cost of insurance. The idea is: your cash value grows over time to help pay for the cost of insurance in the later stages of the policy, where the cost of insurance is typically higher. This is illustrated above in an overly simplified way. This is a permanent life insurance policy that is designed to cover the lifespan of the insured. There is cash value that is credited on a fixed interest rate specified by the insurance company (typically 3-5%). The premium is fixed for the life of the policy. It was designed for insuring the entire lifespan of the insured. This is variation of Whole Life. There is cash value; it is credited on a fixed interest rate specified by the insurance company, but it does fluctuate year to year depending on the economy (typically 3-6%). The premium is flexible; you can increase/decrease the premium.  This is basically a universal life policy, but the cash value sits in an account that is invested in the market, normally mutual funds. Your interest that is being credited (to your account with your cash value from investments) is subjected to risk in the market, rise/fall with the market depending on the portfolio of your choosing, hence the word \"\"Variable\"\". You take on the risk instead of the insurance company. It can be a very good product if the owner knows how to manage it (just like any other investment products). This is a hybrid of the UL and the VUL. The interest rate depends on the performance of a market index or a set of market indices. The insurance company states a maximum interest rate (or cap) you can earn up to and a guaranteed minimum floor on your cash value interest that will be credited (typically 0% floor and 12% cap). It is purely a method to credit you interest rate. It takes the market risk out of the equation but still retains some of the growth potential of the market. Term policy is designed for temporary coverage. There is no cash value accumulation. Permanent policies such as whole life, universal life, variable universal life and indexed universal life have a cash value accumulation component that was originally designed to help pay for the cost of insurance in the later stages of the policy when the insured is at an advanced age, so it can cover the entire lifespan of the insured. People do take advantage of that cash value component and its tax advantages for retirement income supplement and maximize the premium contribution. Always remember that life insurance is a life insurance product, and not an investment vehicle. There is a cost of insurance that you are paying for. But if you have life insurance needs, you might as well take advantage of the cash value accumulation, deferred tax growth, and tax-free access that these permanent policies offer.\""}
{"_id": "117926", "title": "", "text": "I remember the day I realized that P&amp;G made both Dawn and Joy dish soap. I have always been confused why a company would produce two dish soaps to compete with itself. I assume one of them is finally on the way out."}
{"_id": "117937", "title": "", "text": "There are some calculators that you can use to figure out the best approach, such as this one by CNN. But in general the rule of thumb tends to be the following: For the purposes of the Best Buy card, I would put it up there at number one so you don't get hit with the deferred interest. No point in giving them more money if you can pay them before the end of the cycle.  Next, I would look at what you have for emergency savings, if you have an account established and that is at a comfortable number than putting the money towards the Citi card might be good, otherwise, split part of the money between savings and the credit cards. If an emergency pops up you don't want to dig a deeper hole because you can't pay for something with cash."}
{"_id": "117949", "title": "", "text": "Valley Dental Associates is the first name in Hagerstown, MD dentistry. With a team of seasoned oral health specialists available to address your individual needs, you can count on Valley Dental Associates to have you in, out and smiling in no time."}
{"_id": "117958", "title": "", "text": "Take a look at Google Checkout but keep in mind that there is a different list of countries that they support as sellers vs. buyers. The buyer list is much more comprehensive, and I believe covers CIS (Russia, Ukraine and Belarus) while the seller list does not (yet) which means that your client will need to create a U.S. or U.K. based entity to accept payments, however they will be able to accept payments from buyers both in CIS and internationally.  \u0423\u0434\u0430\u0447\u0438."}
{"_id": "117959", "title": "", "text": "Look up You Need A Budget...the methodology is really the key and the software is elegant and practical.  It's not about tracking spending, it's about planning what your dollars are going to do.  The application automates much of the budget planning and data entry as it remembers your input (and is totally customizable).  If you follow their basic blueprint, you can spend just minutes a week.  They offer free online classes too (love this).  I do not have skin in their game but have been a fan since it was just a spreadsheet. And yes, they have a mobile app, which means you can enter transactions on the go with just a few taps and then have your data synced across the cloud or just across your network."}
{"_id": "117960", "title": "", "text": "Be very careful to hold on tight to your money! I agree with paying for an investment advisor, but I would say use at least two to get different viewpoints, and get credentials and references! Don't let relatives convince you to invest in their business, or help them out, or any other such nonsense. Real estate still is one of the best investments out there in my opinion. You could buy a fixer upper and rent it out?"}
{"_id": "117965", "title": "", "text": "\"The Roth/Traditional decision is complex, but can be broken down into a set of simple rules.  Ideally, you want to choose to tax your money at the lowest possible rate. This specifically refers to your marginal rate, the rate you last $100 was taxed or next $100 of income with be taxed. That, in itself, is another issue, answered with questions here discussing marginal rates.  My suggestion has been that if you are in the 15% bracket, use Roth. And continue to do so until you hit 25%. At that point, begin to shift to the traditional, pre-tax 401(k) or IRA. (My article The 15% solution, goes into detail on this, although it references the 2013 tax rates. I need to re-edit). If you are already in the 25% bracket, I'd suggest just going pre-tax. Given the ability to convert, it's not as if there are 2 points in time (deposit and withdrawal) but you can decide every year if your situation changes. It's not uncommon to get married, have a baby, buy a house, and find you just dropped back down to 15% marginal rate when you were solidly 25% prior.  Let me explain why you should go 100% pretax if already at 25%.  A single person hits the top of the 15% bracket (in 2017) at $37,950 taxable. Add the standard deduction and exemption, and you are at $48,350. The tax on this is $5226, less than 10% average, despite the next $100 being taxed at 25%. It would take over $1M to have an account large enough to withdraw $40K/yr.  If you blow through that number, you hit 25%, I agree, but why pay 25% now, for sure, to avoid 'maybe' hitting 25% later? You have decades of opportunities for conversion, and even more when the funds are transferred to IRAs if you have a job change. (And the conversion discussion has multiple layers when the IRA is involved) Say you are 'too' successful. You are hitting $2M before age 55. If you retire post-55, you can withdraw from the 401(k) penalty free. But, you have 15 years before you'd start to take SS benefits. 15 years to use conversions, even if pushing into 25%, to reduce the impact of SS taxation.  My advice is not a set-and-forget solution. It's an annual evaluation of the plan for the coming year.  Further notes on my choice of \"\"15% Solution\"\" - This is the 2017 tax table for singles -  I note that median individual income is ~$30K which puts that median single at ~20K taxable. This is where the analysis begins. This earner might have upward mobility, to reach the 25% bracket and begin to save pre-tax. The goal would be to have a mix of pre/post tax money, so that over the course of their life, the 25% bracket was avoided, perhaps completely.  In general, my writing tend towards the second highest quintile, the 60-80% slice of the population. The numbers might appear arbitrary, but, in the end, the discussion has to start someplace. The concept I described here is best implemented by the single or couple who is still at 15%, but soon pushing higher than the 15/25 line. This enables them to start by saving in the Roth, and slowly shifting towards pre-tax. The final mix at retirement depends on that timing as well as their opportunities for conversions along the way.  Part of my focus on that line is that the differential is greatest in bracket shifts between 15 and 25%. Much of the benefit in the whole IRA/401 discussion is in that shift, depositing at 25%, yet withdrawing at 15%. The 28% couple might wish to avoid the 33% bracket at retirement, but that level of income impacts far fewer people, and fewer still that are either reading these boards or my other writing.\""}
{"_id": "117975", "title": "", "text": "Shop Supplies, one of the most renowned shop fittings in Melbourne, Australia, adds to its selection of \u201cSPECIALS FROM SHOP SUPPLIES\u201d a whole new range of interesting shop display cabinets and shelving.  The core aim of Shop Supplies is not only to provide customers with quality shop fittings but offer them an opportunity to stock up on beautiful display and storage units for their retail store while saving big on their purchases.  Visit the site for more details."}
{"_id": "117976", "title": "", "text": "You can save around hundred dollars per month, mostly the teens are attracted by this method. If you are a frequent shopper and want to get the recent updates about the coupons available then you can sign up with the website and they will send you the email subscriptions."}
{"_id": "117997", "title": "", "text": "Daycare which provides adequate care for your kids while you are working or otherwise not able to cater and care for them has become a business like any other There are many popular daycare franchise opportunities are available in every state.\u00a0 Examples of daycare franchise opportunities are TechJOYnT Foundation, The Growing Room and Discovery Express among others. While about STEM franchise, it is everywhere. No matter what career path your child might choose, STEM will be an important part of their day. Click here for more details:\u00a0https://codingforkidsfranchise.wordpress.com/2017/09/22/daycare-franchise-opportunities-vs-stem-franchise-opportunities/"}
{"_id": "118007", "title": "", "text": "\"I'm not racist immediately followed by \"\"all Muslims do this\"\". It's not even true! Just like it's not true that all Christians follow the Bible to the T. In fact, almost NO Christians stone gays and beat their wives. What's the difference? One of those groups looks like you, and the other does not.   You're a racist. You may not have bad intent with it, but the words you're saying ABSOLUTELY ARE racist. The fact that you can't even understand how it could be taken as racist is telling.   The part I don't get is why you think 0.001% of a population represents the remaining 99.999%. If you could explain that disconnect to me, then maybe I would understand your backwards views a little more. Until then, kindly stop spouting your ignorant garbage. Thanks.\""}
{"_id": "118016", "title": "", "text": "So have different rules for industries whose product cycles are 2 to 3 years.  * Computer software patents are good for a year * Computer hardware patents are good for two years * Pick some other industries that need adjustment. * Leave the rest as is. * Revisit every 5 to 10 years to assign patent lengths on a per-industry basis."}
{"_id": "118023", "title": "", "text": "\"How can anyone read that and not think \"\"I'm quite possibly out of a job if the boss' political choice doesn't win\"\"?   The choices offered them are clear: IF they want to keep their job, there's no room for considering there at all.\""}
{"_id": "118027", "title": "", "text": "Yeah those tablets came out with a lofty goal. They wanted to price them at the same price as an Apple product. The only problem was no one wanted one at that price.  I still to this day dont understand Microsoft and the pricing of the tablets when they first came out.   Look at google and what there doing. Low priced tablets and computers. The opposite of what Microsoft is doing. I dont begrudge Microsoft wanting  in on the tablet and app market. I still think the Pro is overpriced for what it does, its close to 1 thousand dollars."}
{"_id": "118033", "title": "", "text": "This doesn't make much sense. What costs are you referring to? And aren't they using roads, airports etc that federal money goes into? Do you think payroll taxes paid through employees should be the major consideration on payment of taxes for corporations? Also, do you think European criticism of Amazon for avoiding paying taxes is off-base?"}
{"_id": "118038", "title": "", "text": "\"Don't compare investing with a roll of the dice, compare it with blackjack and the decision to stand or hit, or put more money on the table (double down or increase bet size) , based on an assessment of the state of the table and history.  A naive strategy of say \"\"always hitting to 16\"\" isn't as awful as randomly hitting and standing (which, from time to to time will draw to 21 fair and square) , but there's a basic strategy that gets close to 50% and by increasing or decreasing bet based on counting face cards can get into positive expectations. Randomly buying and selling stock is randomly hitting.  Buying a market index fund is like always hitting to 16.  Determining an asset allocation strategy and periodically rebalancing is basic strategy.  Adjusting allocations based on business cycle and economic indicators is turning skill into advantage.\""}
{"_id": "118039", "title": "", "text": "why can't I just use the same trick with my own shares to make money on the way    down? Because if you sell shares out of your own portfolio, by definition, you are not selling short at all. If you sell something you own (and deliver it) - then there is no short involved. A short is defined as a net negative position - i.e. you sell shares you do not have. Selling shares you own is selling shares you own - no short involved. You must borrow the shares for a short because in the stock market, you must DELIVER. You can not deliver shares you do not own. The stock market does not work on promises - the person who bought the shares expects ownership of them with all rights that gives them. So you borrow them to deliver them, then return them when you buy them back."}
{"_id": "118061", "title": "", "text": "I did read a bit of current economics before commenting on the this topic. Name of the countries do not matter - from what I see I have referred to them quite clearly. Maybe I hit the truth chord somewhere there hence your off-bitter mark. It is nothing to do with economics and more politics (read ego and power play) than anything else. Of course, Truth always sucks."}
{"_id": "118065", "title": "", "text": "You can expect about a 7% return when investing in the general market if your horizon is ten years or more. The market fluctuates, which means that you should be absolutely fine with losing 10% or more of your invested money during this period. You say yourself that: I have been setting aside money (...) into a savings account earmarked for that purpose (repairs/maintenance) so that I don't have to take out loans. It's obvious from your question that the purpose of this money is not savings, this is money that you are already investing, not in stocks or bonds but in your house. While this money sits around, of course you could put it into the market and hope that it grows. It all depends on your horizon, which in your case sounds like about 1 year. Is that long enough to be fairly sure you will make a profit? From what I've written so far, hopefully you can gather that the answer is no. If you choose to invest $6,000 but you need that money back in one year, you need to be aware of the risk that you'll instead end up with $5,400 or even less. Your options are then to: If you're asking for personal advice, my opinion would be this: you're already investing in your house. The housing market, like most markets, fluctuate. Whether you like it or not, you're already a victim (or benefactor) of this value fluctuation. The difference is that a house is something you'll live in for a long time (probably), that will give you daily joy in a way stocks and bonds won't. Of course, saving up money and investing them is always a good idea anyway. You should still save a small amount every month and put it into low/medium risk bonds, in my opinion."}
{"_id": "118083", "title": "", "text": "\"A simple way to account debt forgiveness of your receivables is to utilize a \"\"Bad Debt\"\" expense account. Take the following two examples: If you are only forgiving a portion of the principle, another popular term used is Principle Reduction as the expense account.\""}
{"_id": "118092", "title": "", "text": "I feel like there is a lot of media and confirmation bias involved. I'm not necessarily disagreeing with you but it's easy to point out examples where moves to cut costs have ended badly. It's unlikely to make the news if cost cutting moves are successful. For example let's say with the Schlitz example, the new process they used was in fact successful and didn't result in a loss of quality. That wouldn't be as big in the news as screwing up would be."}
{"_id": "118102", "title": "", "text": "\"In Frank Abagnale's book \"\"Art of the Steal\"\" the author talks about how to set up a bank account for safe wire transfers. He recommends setting up an account at your regular bank and specifying that money can be transferred into that account from another bank, and out to your regular account only. You are then free to give the necessary transfer information to whomever you want, knowing full well they can't take money out. This guy should know what he's talking about since he's an ex-confidence man legitimately working as an American security consultant.\""}
{"_id": "118104", "title": "", "text": "\"Of course CDs are worth it compared to the stock market. In fact, most institutional investors are envious of the CDs you have access to as an individual investor that are unavailable to them. You just need to be competent enough to shop around for the best rates and understand your time horizon. There are several concepts to understand here: Banks give out CDs with competitive rates projecting future interest rates. So while the Federal funds rate is currently extremely low, banks know that in order to get any takers on their CDs they have to factor in the public expectation that rates will rise, so if you lock in a longer term CD you get a competitive rate. Institutional investors do not have access to FDIC insured CDs and the closest analog they participate in are the auctions and secondary markets of US Treasuries. These two types of assets have equivalent default (non-)risk if held to maturity: backed by the full faith and credit of the U.S. Here are the current rates (as of question's date) taken from Vanguard that I can get on CDs versus Treasuries (as an individual investor). Notice that CDs outperform Treasuries across any maturity timescale! For fixed-income and bond allocations, institutional investors are lining up for buying treasuries. And yet here you are saying \"\"CDs are not worth it.\"\" Might want to rethink that. Now going into the stock market as an investor with expectations of those high returns you quote, means you're willing to stay there for the long-term (at least a decade) and stay the course during volatility to actually have any hope of coming up with the average rate of return. Even then, there's the potential downside of risk that you still lose principal after that duration. So given that assumption, it's only fair to compare against >= 10 year CDs which are currently rated at 2 percent APY. In addition, CDs can be laddered -- allowing you to lock-in newer (and potentially higher) rates as they become available. You essentially stagger your buyin into these investments, and either reinvest upon the stilted maturity dates or use as income. Also keep in mind that while personal emergencies requiring quick access to cash can happen at any time, the most common scenario is during the sudden change from a bull market into a recession -- the time when stocks plummet. If you need money right away, selling your stocks at these times would lock in severe losses, whereas with CDs you still won't lose principal with an early exit and the only penalty is usually a sacrifice of a few months of potential interest. It's easy to think of the high yields during a protracted bull market (such as now), but personal finance has a huge behavioral component to it that is largely ignored until it's too late. One risk that isn't taken care of by either CDs or Treasuries is inflation risk. All the rates here and in the original question are nominal rates, and the real return will depend on inflation (or deflation). There are other options here besides CDs, Treasuries, and the stock market to outpace inflation if you'd like to hedge that risk with inflation protection: Series I Savings Bonds and TIPS.\""}
{"_id": "118122", "title": "", "text": "\"Don't forget they're trying to rip that fabric of society away from everyone else. They demand their social security, but fight tooth and nail to take food stamps away from others. They had quality K-12 and nearly free higher education, but do everything they can to cut spending on education, cut teacher pay, etc. They have Medicare but want to take any kind of healthcare safety net away from everyone else. And then they blame the young for not buying enough houses and \"\"wrecking\"\" the economy.\""}
{"_id": "118124", "title": "", "text": "That 2t is if you invest the money for a decade before cutting checks, which is the methodology with which I mentioned I disagree.  From the article:  &gt; After spending a little quality time in Microsoft Excel, I\u2019d say it\u2019s somewhere the ballpark of $1,350 per household, or $1,000 per worker.*  If you divide $1000 per worker by ten years, you get $100 per year, which is what I said and which the title mislabeled.  Edit: I see what you mean, I typed households instead of workers. Thanks for pointing out my typo, I edited the comment to correct and show I misspoke originally. Also I put 200b instead of 2t. Either way, the point is it is $100 per year, not $1000. I should\u2019ve paid attention when commenting, but the point remains valid"}
{"_id": "118136", "title": "", "text": "And that's exactly why I took a coding bootcamp last winter and now am coding at a major corporation. I am working hard and improving my skillset. Others are not and may get there job automated - it is not my responsibility to support them because they didn't adapt.  I never once blamed immigrants for anything - I encourage it as it increases productivity for the country. I just think our laws should be followed and it's not moral to skip the line and commit crimes.  We must use LOGIC and Freedom not PC emotion when Governing our country."}
{"_id": "118138", "title": "", "text": "Right, so if a federal interest rate near 0 percent is not enough to stimulate the demand for those loans, then we have pretty much exhausted what we can do with monetary policy. So the only thing left is fiscal policy - raise spending or lower taxes"}
{"_id": "118149", "title": "", "text": "You're not paranoid. But rationality isn't insurance against crashes either. Rational people caused the crash. If you've got yield-hungry clients and nothing that will give them that yield, then all the exotic instruments that were dreamed up make perfect sense to you, especially given the slap-on-the-wrist enforcement (and near-total absence of clawbacks) that prevailed before and after the crisis. And if you can get all that stuff AAA-rated? Double-bonus.  Come to think of it, I wish the article had gone into what kind of ratings if any these loan bundles were getting. I'm sure someone on here will know something about it..."}
{"_id": "118164", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Intro to Game Theory: The Prisoner\u2019s Dilemma](https://www.reddit.com/r/Economics/comments/78d7yo/intro_to_game_theory_the_prisoners_dilemma/) on /r/Economics with 5 karma (created at 2017-10-24 11:41:38 by /u/SpaceshipAU)  * [Intro to Game Theory: The Prisoner\u2019s Dilemma](https://www.reddit.com/r/spaceshipau/comments/76o91y/intro_to_game_theory_the_prisoners_dilemma/) on /r/spaceshipau with 1 karma (created at 2017-10-16 12:47:40 by /u/SpaceshipAU)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "118171", "title": "", "text": "\"What does this have to do with libertarianism?  If anything, this makes the case for libertarianism.  In the future, if nearly every job is taken by a very advanced robot, which are even capable of maintaining themselves, humans would not just be left behind.  The economy needs consumers.  Instead, we would live in a world of infinite entrepreneurship, in which the means of production are nearly free for anyone, and people prosper by their ambition and drive. Everyone would own their own robots that do work on their behalf.  The amount of resources available to all would be incredible, and people would be free to do things they actually want to do.   The contrary of course, is a socialist \"\"utopia\"\"; a world of everyone being dependent on the government to provide them their basic income.  Instead, we're looking at a free world in which every person is a capitalist in control of their own robots.  *^Thanks ^to ^/u/VassiliMikailovich ^for ^this.*\""}
{"_id": "118184", "title": "", "text": "So why are people still buying 15 year old Saturns or driving the same GM Denali for the last 13 years when the new cars are so much more efficient and cheaper to run?  Poor people are fucking poor.  Now you turn to Indonesia. How much do you think they are spending to maintain their vehicles? Next to nothing, that's what. They'll only fix it enough to get it running again. SAE certified mechanic? LOL, the guy between the whore house and the cigarette vendor can also do it.  How much do you think electricity costs in the Philippines? It can cost $100 USD a month to run the AC at night to get a decent sleep...The average Filipino makes less than $10 a month."}
{"_id": "118191", "title": "", "text": "\"Hmm... Maybe I somewhat misunderstood your question then.  Yes, trade deficits/surpluses are really the core of the country-level \"\"investment\"\".  But yes, it maters what they *do* with it, which is **why** so many countries put any excesses into US treasuries.   Going back to \"\"personal\"\" finance, if they pay down higher interest debt with their trade surplus, *great*; if they have no debt and can issue local currency (in PF land, \"\"take out a loan\"\") for under 2%, *great*;  If not... **Not** so great.  \"\"Saving\"\" money that costs over 2% isn't an investment, it's nothing but a loan disguised as one.\""}
{"_id": "118204", "title": "", "text": "I think the answers you're going to receive are all going to be a bit subjective. Looking at it from a high-level point of view, having this budget nailed down lets you analyze: Now you've got your budget, stick to it! This is really the most important part. You've done your homework, now make sure you don't exceed it without a good reason. If you're under budget in any given month, have a plan on what to do with the excess funds. If you go over budget on a certain area, you can react accordingly.  I, personally, recommend hiring a financial planner. Ours has been a huge help with looking further down the line than we had been originally. If you show up to your first meeting with an FP and have this budgetary breakdown ready to go, you'll probably get a high-five. Well done, you!"}
{"_id": "118219", "title": "", "text": "\"Vegetarian here... That's my camp exactly. I despise the taste of meat. I don't buy \"\"veggie burgers\"\" or anything similar for that reason.   This product does not interest me at all. I'm glad it exists though. Lots of people truly love meat but also care about sustainability. This is a win for them.\""}
{"_id": "118221", "title": "", "text": "You need to pick out the right location for the biggest vehicle elements collection in Carolina at low-priced.  You should find the best auto elements wholesaler in Carolina. Tu Resuelve Auto Parts has a huge supply of all vehicle parts in Puerto Rico. It is a decent maker, exporters and providers of vehicle parts in Carolina. We have a wide assortment of the clutched parts and additional items of the fundamental brands open in the Tu Solves Auto Parts. As you probably are aware, a great vehicle extras vender in the USA has quietly set aside the opportunity to clarify the best cost."}
{"_id": "118224", "title": "", "text": "But aren't there more people in every year doing more work?  That is growth.  Yes, the economy cannot continue to grow forever given that the Earth is a finite resource.  It's not clear to me we are anywhere near that point where we run out of resources."}
{"_id": "118232", "title": "", "text": "\"Note that we do not comment on specific stocks here, and have no place doing so. If your question is only about that specific stock then it is off topic. I have not tried to answer that part below. The key to valuation is predicting the net present value of all of a company's cash flows; i.e. of their future profits and losses. Through a number of methods to long to explain here investment banks and hedge funds work out what they expect the company's cash flows to be and trade so that these future profits, losses etc. are priced into the stock price. Since future cash flows, profits or whatever you want to call them are priced in, the price of a stock shouldn't move at all on an earnings statement. This begs the question \"\"why do some stock prices move violently when they announce earnings?\"\" The models that the institutional investors use are not perfect and cannot take into account everything. An unexpected craze for a product or a supply chain agreement breaking down on not being as good as it seems will not be factored into this pricing and so the price will move based on the degree to which expectation is missed or exceeded. Since penny socks are speculative their value is based far more on the long term expected cash flows and less on the short run cash flows. This goes a long way to explaining why some of the highest market capitalisation penny stocks are those making consistent losses. This means that they can be far less susceptible to price movements after an earnings announcement even if it is well out of the consensus range. Higher (potential) future value comes with the higher risks of penny stocks which discounts current value. In the end if people's expectation of the company's performance reflects reality then the profitability is priced in and there will be no price movement. If the actuality is outside of the expected range then there will be a price movement.\""}
{"_id": "118246", "title": "", "text": "If it's in your name and you don't live there, there's a number of issues. If you charge her rent, it needs to be at fair value to treat it as a rental property.  If she lives there for the next 20 years, it will (or we hope) gain value. If she passes while it's in her name you get to step up the basis, and avoid tax. If in your name , the gain would be taxable."}
{"_id": "118270", "title": "", "text": "Both are correct depending on what you are really trying to evaluate. If you only want to understand how that particular investment you were taking money in and out of did by itself than you would ignore the cash.  You might use this if you were thinking of replacing that particular investment with another but keeping the in/out strategy. If you want to understand how the whole investment strategy worked (both the in/out motion and the choice of investment) than you would definitely want to include the cash component as that is necessary for the strategy and would be your final return if you implemented that strategy. As a side note, neither IRR or CAGR are not great ways to judge investment strategies as they have some odd timing issues and they don't take into account risk."}
{"_id": "118279", "title": "", "text": "\"I'm not defending Faber, but from an statistical point your logic is terrible.  It's a lot easier to go from 2 to 4 than it is from 200 to 400 - so any undeveloped third-world country should be growing a **lot** faster than places with existing stable economies.  And to put \"\"fastest growing\"\" into context, it's 8.5%, which isn't even as big as I was expecting considering the US is growing at 3% and has a much larger base value.\""}
{"_id": "118280", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans Chino CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Car Title Loans Chino CA 12403 Central Ave # 274,  Chino, CA 91710 909-325-3099 chinogatl@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-chino-ca/"}
{"_id": "118289", "title": "", "text": "USB is the ticker for US Bancorp. The numbers to me look like their prediction of the return for the day, I could be wrong but I think that's what it is."}
{"_id": "118293", "title": "", "text": "\"My big gripe with the ICO name and corresponding mania is that it has no similarity to an IPO.  At best an ICO is a seed stage investment in a wholly unproven technology/idea/theoretical use. A developer team gets together to write a fancy whitepaper, then build out a nifty website to display the idea they are working on.  Generally this idea has no practical immediate use.  Generally this idea is still nothing more than an idea.  At best the idea will be realized by substantially reusing the open source codebase of a different coin with slight tweaks.  The developers then go get an exchange or two involved to begin trading the tokens.  One exchange even goes so far as to begin trading IOUs for the tokens before the ICO takes place.  It's shear insanity driven by this mania to have the next bitcoin for $0.00001 each. When a real organization goes through the real, regulated, IPO process it has already had its seed funding then subsequent equity financing rounds, THEN once the company has demonstrated that it has a valuable product or service and a competent management team shares are allowed to be sold to the public.  By US law, seed stage companies are forbidden from seeking investment from unaccredited investors (this doesn't mean unaccredited investors are forbidden from investing).  An accredited investor is someone with over $200,000 per year of income or a net worth of over $1,000,000.  Seed stage organizations have an exceptionally high rate of failure, no matter the proposed business.   These ICOs are little more than developers fleecing naive \"\"investors\"\" by selling them the pipe dream of being on the ground floor of the next bitcoin.  It's really appalling.  You should stay away from them, everyone should stay away from them, and the people running them should be punished.\""}
{"_id": "118296", "title": "", "text": "- Do your homework. What are others at the same company getting for the same job? At different companies? Can you slice the data by years of experience? - If you nail the interview you can leverage another offer with the HR staff post interview - Try to get the interviewer to offer the first number if that's not possible offer a range. Psychology tells us that people don't like to be outside a range so you could put your lowest offer at the bottom of the range and the top +10%"}
{"_id": "118302", "title": "", "text": "Most people I talk with don't even know the difference on a simple level between the Dow, S&amp;P, Russell, Nasdaq, etc.  I tell my friends and family that they know more than they realize. I help them use their knowledge and what they see when they want to invest. Or if they prefer not to, just buy index funds."}
{"_id": "118305", "title": "", "text": "\"My problem with your argument is that you don't have one.   I'm sorry you cannot grasp the difference between mortgage backed securities and company stock or the difference between a short sale and buying a credit default swap. You keep spouting unrelated \"\"facts\"\" as if the mean something.  Did big banks short sale FB?  Who knows?  Did they buy FB CDOs?  No they didn't.  There is no such thing. Did they buy credit default swaps? No.\""}
{"_id": "118317", "title": "", "text": "Walmart will continue strong growth, but as the analyst says in the article... Amazon has an insurmountable lead in online retail at this point.  Walmart is pulling away from other Brick &amp; Mortars like Walgreens, CVS, Rite Aid, but are still massively behind Amazon. All they are doing right now is working to catch up and copy, but they will need to do something massively different for any real catch-up to happen."}
{"_id": "118340", "title": "", "text": "This is an alternative solution and it will depend where you live as to how you will have to make it work.  I am in the UK and there are a number of ways that I can use to access my money from anywhere in the world without high transaction fees. Internet banking takes care of everything else."}
{"_id": "118360", "title": "", "text": "First, it depends on your broker.  Full service firms will tear you a new one, discount brokers may charge ~nothing.  You'll have to check with your broker on assignment fees. Theoretically, this is the case of the opposite of my answer in this question: Are underlying assets supposed to be sold/bought immediately after being bought/sold in call/put option? Your trading strategy/reasoning for your covered call notwithstanding, in your case, as an option writer covering in the money calls, you want to hold and pray that your option expires worthless.  As I said in the other answer, there is always a theoretical premium of option price + exercise price to underlying prices, no matter how slight, right up until expiration, so on that basis, it doesn't pay to close out the option. However, there's a reality that I didn't mention in the other answer: if it's a deep in the money option, you can actually put a bid < stock price - exercise price - trade fee and hope for the best since the market makers rarely bid above stock price - exercise price for illiquid options, but it's unlikely that you'll beat the market makers + hft.  They're systems are too fast. I know the philly exchange allows you to put in implied volatility orders, but they're expensive, and I couldn't tell you if a broker/exchange allows for dynamic orders with the equation I specified above, but it may be worth a shot to check out; however, it's unlikely that such a low order would ever be filled since you'll at best be lined up with the market makers, and it would require a big player dumping all its' holdings at once to get to your order. If you're doing a traditional, true-blue covered call, there's absolutely nothing wrong being assigned except for the tax implications.  When your counterparty calls away your underlyings, it is a sell for tax purposes. If you're not covering with the underlying but with a more complex spread, things could get hairy for you real quick if someone were to exercise on you, but that's always a risk.  If your broker is extremely strict, they may close the rest of your spread for you at the offer.  In illiquid markets, that would be a huge percentage loss considering the wide bid/ask spreads."}
{"_id": "118366", "title": "", "text": "\"Because I could hire some of my workers on minimum wage as well and reduce both my costs and bid prices to maintain the same margins. Everyone talks about \"\"at scale\"\" and point out the costs of ketchup packets when you're selling millions upon millions of products per year, but they forget it's just as proportional for a small business. Maybe if the model doesn't work \"\"at scale\"\" without punishing our social welfare system for a corporations benefit, it shouldn't exist.\""}
{"_id": "118368", "title": "", "text": "From medicaid.gov: Although pharmacy coverage is an optional benefit under federal Medicaid law, all States currently provide coverage for outpatient prescription drugs to all categorically eligible individuals and most other enrollees within their Medicaid programs. This is related to the Medicaid Drug Rebate Program, which offsets the Federal and State costs of most outpatient prescription drugs dispensed to Medicaid patients. Approximately 600 drug manufacturers currently participate in this program. All fifty States and the District of Columbia cover prescription drugs under the Medicaid Drug Rebate Program I can't give you any specific details about patient assistance programs, but rxaccess.sd.gov links to information about various patient assistance programs and general information about Medicaid's and Medicare's prescription drug offerings. It's conceivable that you may be eligible for a patient assistance program but not Medicaid (for all I know, the reverse may be true) but it's difficult to tell without contacting the specific company. Some patient assistance programs only apply to generic versions of the drug, while some state Medicaid programs will pay for brand names. Obviously this varies from state to state."}
{"_id": "118374", "title": "", "text": "(Can't find the delete button on the Android app -- Family Loans are worth investigating but I'm not sure they're applicable to this case.)"}
{"_id": "118377", "title": "", "text": "&gt; stock funds that Rep. Paul does own are all \u201cshort,\u201d or make bets against, U.S. stocks. **One is a \u201cdouble inverse\u201d fund**  Unless he's actually shorting a 2x bull ETF, he's losing money (regardless of how the benchmark is doing)"}
{"_id": "118383", "title": "", "text": "It seems that your Organizers are not familiar with dealing transfers outside of Euro Zone. You are right IBAN is not used in India.  A Bank in France can initiate an International Wire. There are few Banks that offer this online, for most one has to visit the Branch. See this https://expatriates.stackexchange.com/questions/2862/international-money-transfer-online-from-a-french-bank I am not aware of any other term used in France for International Wire, try explaining; Its also called BIC. It would help if you also provide your Correspondent Bank details [This will be a Bank in Europe]. This should be available on your Indian Bank's website."}
{"_id": "118389", "title": "", "text": "One broker told me that I have to simply read the ask size and the bid size, seeing what the market makers are offering. This implies that my order would have to match that price exactly, which is unfortunate because options contract spreads can be WIDE. Also, if my planned position size is larger than the best bid/best ask, then I should break up the order, which is also unfortunate because most brokers charge a lot for options orders."}
{"_id": "118396", "title": "", "text": "I don't believe they're right. For international wire transfers you'd need either IBAN or SWIFT codes. I don't think any US bank participates in the IBAN network (mostly Europe and the Far East), so SWIFT is they way to go with the US. Credit unions frequently don't know what and how to do with international transactions because they don't have them that often. Some don't even have SWIFT codes of their own (many, in fact) and use intermediaries to receive money."}
{"_id": "118400", "title": "", "text": "Doctor Randy Davis Doctor Randy Davis works for the Baltimore Washington Medical Center where he has been an orthopedic surgeon since 1983. He has served in a number of leadership positions at the Baltimore Washington Medical Center. From 2003-2015, he was the Director of Spine Surgery. He was also the President of the Medical Staff from 2012-2013."}
{"_id": "118419", "title": "", "text": "&gt; Word to the wise, don't take on debt to basically launch your business.   Can confirm. Was bankruptcy attorney for small business in Ch 11, and have heard recordings of some of its lenders (a family, actually) making not-so-subtle threats on the lives/safety of some of the company's principals. And the background of these guys told me they weren't bluffing.   Just because some prospective lenders appear legit and even own sizable companies, it doesn't mean they're not willing to take less-than-legal routes to collect."}
{"_id": "118421", "title": "", "text": "Whilst I lean more toward decriminalisation rather than the war on drugs - not sure how comfortable I am with designer drugs to promote TV shows.  Even if the show is awful.  Seems like that would lead us down a road with unintended consequences.  But hey, what do I know? EDIT - Spelling"}
{"_id": "118425", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/unitedkingdom] [Might be of interest here - recent interview with Nick Leeson, rogue trader](https://np.reddit.com/r/unitedkingdom/comments/74eqqp/might_be_of_interest_here_recent_interview_with/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "118441", "title": "", "text": "\"&gt; You know there is a heading in big bold text that says \"\"My budding product empire\"\" that conveniently links to actual products that make money for said author.  It's 2/3 of the way down the page in the same colour and format as the rest of the text. It's very poorly displayed - any product or service should be prominently featured.  &gt; I think you have a problem with the whole way the author markets herself, but I obviously it works.  That's not obvious, no. Anyone can make vague boasts about how much money they make, especially if those claims are aimed at attracting more business. The ones who brag the loudest are usually the ones with the biggest shortfall to make up.  &gt; Also I don't feel like it's bragging, it's more like sharing the wealth.   Sharing what wealth? As I said, anyone can make hollow claims about how much money they make. It all sounds too much like those self-help books.\""}
{"_id": "118449", "title": "", "text": "As for income tax purposes, dg99's answer is correct. The entire amount that is converted is post-tax (you had to pay tax on any pre-tax amounts upon conversion), so you do not pay tax on it when you withdraw it in a non-qualified distribution, similar to with contributions. However, there's another, perhaps more important, consideration here -- the early withdrawal penalty for non-qualified distributions from Roth IRA. For non-qualified distributions of contributions, there is never an early withdrawal penalty. For non-qualified distributions of rollovers and conversions, there is an early withdrawal penalty if withdrawn within 5 years of the rollover or conversion, but only on the part of the rollover or conversion that was taxable during the conversion. So if you want to withdraw within 5 years of the conversion, then it works differently from direct contributions. Because contributions and conversions have different treatment for the penalty, the ordering between them matters too. Contributions are always withdrawn before rollovers and conversions (a later contribution still comes before an earlier rollover or conversion). But within rollovers and conversions, they are ordered by year (an earlier rollover or conversion comes before a later one), and within a year, the taxable part is ordered before the non-taxable part."}
{"_id": "118485", "title": "", "text": "\"There are a couple of misconceptions I think are present here: Firstly, when people say \"\"interest\"\", usually that implies a lower-risk investment, like a government bond or a money market fund. Some interest-earning investments can be higher risk (like junk bonds offered by near-bankrupt companies), but for the most part, stocks are higher risk. With higher risk comes higher reward, but obviously also the chance for a bad year. A \"\"bad year\"\" can mean your fund actually goes down in value, because the companies you are invested in do poorly. So calling all value increases \"\"interest\"\" is not the correct way to think about things. Secondly, remember that \"\"Roth IRA fund\"\" doesn't really tell you what's \"\"inside\"\" it. You could set up your fund to include only low-risk interest earning investments, or higher risk foreign stocks. From what you've said, your fund is a \"\"target retirement date\"\"-type fund. This typically means that it is a mix of stocks and bonds, weighted higher to bonds if you are older (on the theory of minimizing risk near retirement), and higher to stocks if you are younger (on the theory of accepting risk for higher average returns when you have time to overcome losses). What this means is that assuming you're young and the fund you have is typical, you probably have ~50%+ of your money invested in stocks. Stocks don't pay interest, they give you value in two ways: they pay you dividends, and the companies that they are a share of increase in value (remember that a stock is literally a small % ownership of the company). So the value increase you see as the increase due to the increase in the mutual fund's share price, is part of the total \"\"interest\"\" amount you were expecting. Finally, if you are reading about \"\"standard growth\"\" of an account using a given amount of contributions, someone somewhere is making an assumption about how much \"\"growth\"\" actually happens. Either you entered a number in the calculator (\"\"How much do you expect growth to be per year?\"\") or it made an assumption by default (probably something like 7% growth per year - I haven't checked the math on your number to see what the growth rate they used was). These types of assumptions can be helpful for general retirement planning, but they are not \"\"rules\"\" that your investments are required by law to follow. If you invest in something with risk, your return may be less than expected.\""}
{"_id": "118491", "title": "", "text": "Your only option might be finding a seller-financed property with a motivated seller who is willing to take the risk of loaning you money. However, be prepared to pay a hefty rate on that loan if you can even pull it off."}
{"_id": "118520", "title": "", "text": "In short, yes. Implied volatility will capture any expected upcoming material announcements. There is also supply/demand impact bundled in which may inflate an option price, and by extension increase implied volatility. OTM and ITM options are particularly predisposed to this phenomenon -- which is of course at odds with the traditional BS model assumptions -- the result is referred to as the volatility smile. Implied volatility is quoted as an annualised measure but isn't necessarily an annual value -- it will correspond to the option time period."}
{"_id": "118521", "title": "", "text": "\"And now it is at about $3. Many times \"\"skeletons\"\" are bought and inflated for various reasons. Some are legitimate (for example a private business merging into a defunct but public corporation to avoid wasting resources on going public), some are not (mainly pump-and-dump scams that are using \"\"skeletons\"\"). I don't know what was the case here (probably speculation based on the new marijuana laws in the US), but clearly the inflated price was completely unjustified since it went crashing down.\""}
{"_id": "118523", "title": "", "text": "There's virtually no way for a person to completely avoid taxation at some point in their lives. Between payroll, sales, excise, and the like, you've been taxed at some point. And whether or not the individual paid is irrelevant to the ownership claim being invalid."}
{"_id": "118530", "title": "", "text": "\"Where are you getting the idea that I think there is any altruism whatsoever in what Whole Foods does? You are missing the point entirely. Let me make it perfectly clear: They are selling me **what** I, personally, want, and selling it to me in the **way** I, personally, want it.    Every single grocery store is \"\"consumerist.\"\" I've been shopping at Whole Foods for (almost) 30 years, and the reason is because Whole Foods has put its research into discovering what and how to serve me, and then delivering. The experience of shopping in a Safeway, Albertson's or the like is ugly, uncomfortable, cold and smelly. They are too big and take forever to get from one item I want to another. They are filled with junk they are trying to trick me into thinking is nutritious.   What makes you think Whole Foods is in any way MORE deceptive than Walmart, Publix, Costco, etc? Because they responded to a market that wanted **quality** food that could be traced back to it's source? Why wouldn't they respond to that?   It is a myth that WF is selling only \"\"luxury food and drink\"\" items. I can go into a WF and see local produce. What is so extravagant about that?  &gt;do you ever wonder if maybe that passion is appealed to and marketer towards by businesses  I'm *thrilled* that it is. That means I can access food that I want and enjoy, and it costs less than it would otherwise. I can buy sugar-free bacon at Whole Foods. YAY! I feel great about that. I can't get that at Safeway.    Do you think commercial food producers and other grocery outlets don't collectively FAR outspend Whole Foods to promote less nutritious food that is as inexpensive as possible to produce? That they don't sacrifice quality for profits?    Where do you live that commercial grocery chains are somehow operating from the goodness of **their** hearts? Tell yourself whatever you want -- but if you have the impression that WF has somehow fooling me, thanks for your concern, but I'm good. I LOVE that they figured out what I want to eat and how I want to shop for it.\""}
{"_id": "118532", "title": "", "text": "Keep it simple, three fund portfolio...  Just because you have a lot of money doesn't mean you have to consult an advisor.  Post your situation to boggleheads forum.  And yes, don't get a mortgage if you can afford to pay in cash."}
{"_id": "118544", "title": "", "text": "Outsourcing a call centre company is not essentially necessary for your company at this particular moment, but it\u2019s a worth consideration in the long run if you are seriously concerned about expanding your trade efficiently on the global pitch. It is definitely one of the rare schemes where you can decrease the stress levels in the office, yet reap the rewards in terms of business expansion and brand reputation."}
{"_id": "118557", "title": "", "text": "See the accepted answer for this question.  What effect will credit card churning for frequent flyer miles have on my credit score? This does not directly answer 'how often...' that you asked, but it states that the answerer opens 5-15 accounts per year.  So the answer to your question is, as often as you want, as long as you manage your account ages. The reason for this is that there are two factors in opening a new account that affect your credit card score.  One is average age of accounts. The other is credit inquiries.  That answerer, with FICO in high 700s, sees about a 5% swing based on new cards and closing old ones. You'll have to manage average age of accounts.  I assume this is done by keeping some older ones open to prop up the average, and by judiciously closing the churn accounts. Finally, if you choose to engage in churning, and you intend to apply for a large loan and want a good credit score, simply pause the account open/close part of the churn a couple of months ahead of time.  Your score should recover from the temporary hits of the inquiries.   The churning communities really do have how to guides which discuss the details of this.  Key phrase: credit card churning."}
{"_id": "118594", "title": "", "text": "No. Disclaimer - As a US educated fellow, I needed to search a bit. I found an article 7 Common SMSF Pension Errors. It implied that there are minimum payments required each year as with our US retirement accounts. These minimums are unrelated to the assets within the account, just based on the total value. The way I read that, there would be a point where you'd have to sell a property or partial interest to be sure you have the cash to distribute each year. I also learned that unlike US rules, which permit a distribution of stock as part of a required minimum distribution, in Australia, the distribution must be in cash (or a deposited check, of course.)"}
{"_id": "118603", "title": "", "text": "The only way you can save taxes is by starting a limited company, not paying yourself any salary, so you pay 20% corporation taxes, you can take I think \u00a35000 a year dividends tax free, and leave the rest in the company account, and don't touch it until you make less money."}
{"_id": "118614", "title": "", "text": "The scale on this is horribly biasing.  1-1000 is only 1/20th of the line but 1/2 of the actual time scale.  Which means china has had the majority of world GDP for almost all of history.  But it doesnt look like that at first glance."}
{"_id": "118615", "title": "", "text": "Every bill you write counts as income (if the bill doesn't get paid, you would count that as an expense). In cases where you don't write bills, I think the payment you receive would count as income, but you might check that on the HMRC website. So to record your income, you can basically record the payments that you receive.  Anything you pay out for your business is an expense. You keep a receipt for every expense - if you don't have a receipt, you can't count it as an expense, so keeping all the receipts is very, very important. An exception are investments, for example buying a computer that should last multiple years; there you can count a percentage of the investment as expense every year.  All income, minus all expenses, is your profit. You pay tax and National Insurance contributions according to your profit. You can do whatever you like with the profit.  Notice that I didn't mention any salary. Self employed means you have no salary, you have profits and do with them whatever you like. On the other hand, you pay taxes on these profits almost exactly as if they were income.  If you have this blog but are also employed, you'll add the profits to your normal income statement."}
{"_id": "118620", "title": "", "text": "I'm not directly affiliated with the company (I work for one of the add-on partners) but I can wholeheartedly recommend Xero for both personal and business finances. Their basis is to make accounting simple and clean, without sacrificing any of the power behind having the figures there in the first place."}
{"_id": "118631", "title": "", "text": "\"&gt;He'll be back in a few years after growth stalls under the new \"\"adult supervision\"\" CEO.  No, he will not.  Uber is a [criminal organisation](http://www.cnbc.com/2017/04/13/uber-lyft-hell-software-track-drivers.html) and will not exist in five years.  They have and are committing wire fraud daily and they will be tied up in lawsuits forever.   The entire $60 Billion in valuation will vanish.\""}
{"_id": "118633", "title": "", "text": "\"There are three ways to do this. So far the answers posted have only mentioned two.  The three ways are: Selling short means that you borrow stock from your broker and sell it with the intent of buying it back later to repay the loan.  As others have noted, this has unlimited potential losses and limited potential gains.  Your profit or loss will go $1:$1 with the movement of the price of the stock. Buying a put option gives you the right to sell the stock at a later date on a price that you choose now.  You pay a premium to have this right, and if the stock moves against you, you won't exercise your option and will lose the premium.  Options move non-linearly with the price of the stock, especially when the expiration is far in the future.  They probably are not for a beginner, although they can be powerful if used properly. The third option is a synthetic short position.  You form this by simultaneously buying a put option and selling short a call option, both at the same strike price.  This has a risk profile that is very much like the selling the stock short, but you can accomplish it entirely with stock options.  Because you're both buying an selling, in theory you might even collect a small net premium when you open. You might ask why you'd do this given that you could just sell the stock short, which certainly seems simpler.  One reason is that it is not always possible to sell the stock short.  Recall that you have to borrow shares from your broker to sell short.  When many people want to short the stock, brokers will run out of shares to loan.  The stock is then said to be \"\"hard to borrow,\"\" which effectively prevents further short selling of the stock.  In this case the synthetic short is still potentially possible.\""}
{"_id": "118653", "title": "", "text": "As user14469 mentions you would have to decide what type of properties you would like to invest in. Are you after negatively geared properties that may have higher long term growth potential (usually within 15 to 20km from major cities), or after positive cash-flow properties which may have a lower long term growth potential (usually located more than 20km from major cities).  With negative geared properties your rent from the property will not cover the mortgage and other costs, so you will have to supplement it through your income. The theory is that you can claim a tax deduction on your employment income from the negative gearing (benefits mainly those on higher tax brackets), and the potential long term growth of the property will make up for the negative gearing over the long term.  If you are after these type of properties Michael Yardney has some books on the subject. On the other hand, positive cash-flow properties provide enough rental income to cover the mortgage and other costs. They put cash into your pockets each week. They don't have as much growth potential as more inner city properties, but if you stick to the outer regions of major cities, instead of rural towns, you will still achieve decent long term growth. If you are after these type of properties Margaret Lomas has some books on the subject. My preference is for cash-flow positive properties, and some of the areas user14469 has mentioned. I am personally invested in the Penrith and surrounding areas.  With negatively geared properties you generally have to supplement the property with your own income and generally have to wait for the property price to increase so you build up equity in the property. This then allows you to refinance the additional equity so you can use it as deposits to buy other properties or to supplement your income. The problem is if you go through a period of low, stagnate or negative growth, you may have to wait quite a few years for your equity to increase substantially. With positively geared properties, you are getting a net income from the property every week so using none of your other income to supplement the property. You can thus afford to buy more properties sooner. And even if the properties go through a period of low, stagnate or negative growth you are still getting extra income each week. Over the long term these properties will also go up and you will have the benefit of both passive income and capital gains. I also agree with user14469 regarding doing at least 6 months of research in the area/s you are looking to buy. Visit open homes, attend auctions, talk to real estate agents and get to know the area. This kind of research will beat any information you get from websites, books and magazines. You will find that when a property comes onto the market you will know what it is worth and how much you can offer below asking price. Another thing to consider is when to buy. Most people are buying now in Australia because of the record low interest rates (below 5%). This is causing higher demand in the property markets and prices to rise steadily. Many people who buy during this period will be able to afford the property when interest rates are at 5%, but as the housing market and the economy heat up and interest rates start rising, they find it hard to afford the property when interest rate rise to 7%, 8% or higher. I personally prefer to buy when interest rates are on the rise and when they are near their highs. During this time no one wants to touch property with a six foot pole, but all the owners who bought when interest rates where much lower are finding it hard to keep making repayments so they put their properties on the market. There ends up being low demand and increased supply, causing prices to fall. It is very easy to find bargains and negotiate lower prices during this period. Because interest rates will be near or at their highs, the economy will be starting to slow down, so it will not be long before interest rates start dropping again. If you can afford to buy a property at 8% you will definitely be able to afford it at 6% or lower. Plus you would have bought at or near the lows of the price cycle, just before prices once again start increasing as interest rates drop. Read and learn as much as possible from others, but in the end make up your own mind on the type of properties and areas you prefer."}
{"_id": "118663", "title": "", "text": "\"OK, I found this filing by JCI on the SEC website: U.S. Federal Income Tax Consequences of the Distribution to U.S. Holders For U.S. federal income tax purposes, the distribution will not be eligible for treatment as a tax-free distribution by Johnson Controls with respect to its stock. Accordingly, the distribution will be treated as a taxable distribution by Johnson Controls to each Johnson Controls shareholder in an amount equal to the fair market value of the Adient ordinary shares received by such shareholder (including any fractional shares deemed received and any Adient ordinary shares withheld on account of any Irish withholding taxes), determined as of the distribution date (such amount, the \"\"Distribution Amount\"\"). The Distribution Amount received by a U.S. holder will be treated as a taxable dividend to the extent of such U.S. holder's ratable share of current or accumulated earnings and profits of Johnson Controls for the taxable year of the distribution (as determined under U.S. federal income tax principles). Any portion of the Distribution Amount that is treated as a dividend will not be eligible for the dividends-received deduction allowed to corporations under the Code. My broker's 1099-B form tells me that I received a Qualified Dividend from JCI on 10/31/2016 of $512.44, which would be equivalent to $45.349 valuation of ADNT as of the spinoff date for my 11.3 shares (before the 0.3 shares were sold as cash-in-lieu) .\""}
{"_id": "118667", "title": "", "text": "\"&gt; Outside of money, the biggest thing I think we will leave to our kids is what we have learned...  I would argue even money is less important, but continue.  &gt; ...you are acting like a totally responsible young adult according to societal norms and people who are supposed to give you advice, and you are totally fucking yourself.  Totally agree.  FYI, your example seems fitting for someone born into a middle class home and their choices are bad but not destructive.  If it were someone from a poor household then the 25 year old doesn't know about the American Heart Association, doesn't know about credit to get a card or house, invests nothing, often gets payday loans, gets a car from a used car auto-lender, drinks and watches a lot of TV, has probably been involved in a pregnancy, and plays the lottery in the hopes of a better life.    &gt; Is that your fault?  I would say, \"\"no\"\".  Society has effectively set you up to fail.  &gt; What if you've concluded generational wealth is simply luck...  &gt; You may dismiss your opportunity as bullshit, and remained trapped in the standard American day to day wage/debt slavery.  You almost certainly will dismiss the opportunity.  Even if you can realize the AHA, financial advisor, or payday loan guy gave you bad advice, there are better looking opportunities.  Put away money for a rainy day?  Fuck that!  If I listen to the auto-loan guy I get a car *today*.  I'm not sure I understand where your contention was.  Are you thinking that people shouldn't be cynical  of the system and be able to recognize an opportunity to better their life?  I'm heading out for the evening.  I'll look for your replay later tonight and maybe respond.  Thanks for the thoughtful discussion.\""}
{"_id": "118679", "title": "", "text": "Flatratemoversla.com is a Los Angeles area moving company delivering reliable, personalized service at a flat rate cost.Several LA movers are serving the customers on their moving needs. FlatRateMoversLA is one of the major LA movers companies and has been offering high quality packing and moving services from the past many years."}
{"_id": "118691", "title": "", "text": "\"There are a lot of funds that exist only to feed people's belief that existing funds are not diversified or specialized enough.  That's why you have so many options. Just choose the ones with the lowest fees. I'd suggest the following: I wouldn't mess around with funds that try and specialize in \"\"value\"\" or those target date funds. If you really don't want to think and don't mind paying slightly higher fees, just pick the target date fund that corresponds to when you will retire and put all your money there. On the traditional/Roth question, if your tax bracket will be higher when you retire than it is now (unlikely), choose Roth.  Otherwise choose traditional.\""}
{"_id": "118694", "title": "", "text": "Hello, my Dear Friend!   Bad Baby Learn Colors with Crying Baby Dolls Minnie Mouse Nursery Rhymes Song by Eva TV Thank you for watching my video!   Bad Kids &amp; Bad Monkey Learn Colors with Johny Johny Yes Papa Nursery Rhymes Songs https://www.youtube.com/watch?v=VOUPJ...  Bad Baby Learn Colors with Halloween Pumpkins Finger Family Nursery Rhymes Songs https://www.youtube.com/watch?v=jP3Xn...  #LearnColors #Colours #forKids #forChildren #NurseryRhymes #BadBaby #MinnieMouse #SongsforKids  #SongsforChildren #ColorSong #FunnyVideoforChildren"}
{"_id": "118707", "title": "", "text": "There's nothing much you can do here, and I don't think you'll succeed in placing blame on the lawyers. In order for SSA to have the tax withheld from your benefits, you need to submit form W-4V. Here are the details on how to get it and what to do with it. This form is voluntarily submitted, i.e.: no-one will ask for it, you have to actively send it out on your own. As to repayment of the LTD benefits - since they were not taxable, there's no change in the taxable income on your behalf. What you got wasn't taxed, so what you gave back - doesn't provide any tax benefit. As to why SSA benefits are taxable and LTD benefits are not - this is because SSA is pre-tax, and LTD premiums were (in your case, apparently) post-tax. However, the LTD benefits management company doesn't care or may be even know about this, and they do everything they can to reduce their own liability to you. If you're entitled to SSA benefits, it reduces their liability, that's why they insisted on your claim with SSA. As to the SSA dragging their feet - they want to reduce their (taxpayers', essentially) liability as well. However, once they decided in your favor, you received what was rightfully yours, including back-pay. SSA benefits are taxable, in the year received. So you got a lump sum - taxable as a lump sum. Sorry, but that's the way it is. This is an example where post-tax LTD premiums don't actually pay off..."}
{"_id": "118712", "title": "", "text": "In general a stock can open at absolutely any price with no regard for the closing price or after hours price the previous day. The opening price will be determined by the best bid and offer made by people who decide to trade the next day.  Some of the those people may have put orders in on a prior day that are still on the books and matter, but there's a lot of time overnight for people to cancel orders and enter new ones, which is especially likely to happen if there was substantive news overnight. As for what you can do in your case, you have the same options that you always had:  Sell or hold.  If you're selling, you can sell after hours, in the pre-open hours, or during the trading day.  There's nothing we can say about this case that's really any different than we can say about any other stock on any other day."}
{"_id": "118730", "title": "", "text": "You are not a landlord.  You have choices: The current situation is charity. And that's ok, so long as you acknowledge it. In the big picture, anything less than market rent is a gift that you are giving the person living in your house. A good tenant might keep the place in better shape, and deserve a lower rent, but that's a quid pro quo. In the end, landlording is a business. If you had 10-20 apartments, they would be proving an income to you and you would have a large chunk of your wealth tied up in it. You would keep the apartments in good shape both to be legal and not a slumlord, but you'd also collect market rent. $100/apt would be $1000-$2000/mo income to you and your family.  You wife is right. As always. You have a decision to make to stop the bleeding."}
{"_id": "118734", "title": "", "text": "You cost the company money both from your time off AND from its portion of your insurance bill!  and you think you're owed a bonus?   the nerve!  have a bag of frozen peas for your jaw and get back to work!  now i need a shower after channeling your horrible old boss."}
{"_id": "118738", "title": "", "text": "So many people are blaming the US gov't for the reasons people are taking drugs and can't get hired.  Such a ridiculous response to a COMPANY's decision to drug test.   I personally don't want to work around stoner's/meth heads/pill poppers when the job requires you to work around 30,000 pounds of steel.  That's just common sense. Nobody is forcing you to take drugs.  Stop blaming everyone else bc you got yourself addicted."}
{"_id": "118758", "title": "", "text": "You can open the configuration panel of the Netgear router via the IP address 192.168.1.1 or via www.routerlogin.net. From this panel, you can change the password, set parental controls, set guest network, view network map and there are much more settings to configure."}
{"_id": "118762", "title": "", "text": "I doubt that this exists, but it could theoretically. After all, a share is kind of an option to a company's future success, and so a call is already a second level on indirection. The better approach would be to 'create your own Put-Puts', by investing less money (A) in the Put you wanted to invest into, and put the smaller rest (B) in the share itself or a Call. That way, if the original Put is successful, at max (B) is lost, and if it is unsuccessful, the loss on (A) is covered by a gain on (B). Potentially, if you do the math, you can reach a mathematical equivalent situation to a Put-Put by buying the right amount and kind of Calls. However, we know already that buying a Put and a Call is a poor strategy, so that would mean a Put-Put would also be a poor strategy."}
{"_id": "118786", "title": "", "text": "I wrote about this in another answer: You can sell the scrip dividend in the market; the capital gain from this sale may fall below the annual tax-free allowance for capital gains, in which case you don't pay any capital gains tax on that amount. For a cash dividend, however, there isn't a minimum taxable amount, so you would owe dividend tax on the entire dividend (and may therefore pay more taxes on a cash dividend). Since you haven't sold the shares in the market yet, you haven't earned any income on the shares. You don't owe taxes on the scrip until you sell the shares and earn capital gains on them. HMRC is very explicit about this, in CG33800: It is quite common for a company, particularly a quoted company, to offer its shareholders the option of receiving additional shares instead of a cash dividend. The expression `stock or scrip dividend' is used to describe shares issued in such circumstances. The basic position under tax law is that when a company makes a bonus issue of shares no distribution arises, and the bonus issue of shares is not income for tax purposes in the hands of the recipient. Obviously, if this is an issue for you, talk to a tax professional to make sure you get it right."}
{"_id": "118800", "title": "", "text": "I think we resolved this via comments above. Many finance authors are not fans of target date funds, as they have higher fees than you'd pay constructing the mix yourself, and they can't take into account your own risk tolerance. Not every 24 year old should have the same mix.  That said - I suggest you give thought to the pre-tax / post tax (i.e. traditional vs Roth) mix. I recently wrote The 15% solution, which attempts to show how to minimize your lifetime taxes by using the split that's ideal for your situation."}
{"_id": "118817", "title": "", "text": "Federal Funds Rate The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution overnight. The federal funds rate is generally only applicable to the most creditworthy institutions when they borrow and lend overnight funds to each other. The federal funds rate is one of the most influential interest rates in the U.S. economy, since it affects monetary and financial conditions, which in turn have a bearing on key aspects of the broad economy including employment, growth and inflation. http://www.investopedia.com/terms/f/federalfundsrate.asp#ixzz3mB5kCtvT"}
{"_id": "118831", "title": "", "text": "\"Even if that's the case, that means he still bet half a mil on a sure thing. It seems insane to me to be bearish while also saying \"\"the market only goes up because...\"\" No one thinks QE is going to stop in our lifetimes.\""}
{"_id": "118867", "title": "", "text": "There's no way patent wars are going to end.  Companies have invested too much into their patent portfolios.  They're weapons, bought and paid for, and to end the patent wars would be to take away all this property value.    So I believe patent wars are here to stay."}
{"_id": "118878", "title": "", "text": "\"The scenario you mention regarding capital gains is pretty much the core of the issue. Here's a run-down from PolitiFact.com that explains it a bit. It's important to focus on it being the tax rate, not the tax amount (which I think you get, but I want to reinforce that for other readers).  Basically, most of Buffett's income comes from capital gains and   dividends, income from investments he makes with the money he already   has. Income earned by buying and selling stocks or from stock   dividends is generally taxed at 15 percent, the rate for long-term   capital gains and qualified dividends. Buffett also mentioned that some of the \"\"mega-rich\"\" are hedge fund   managers \"\"who earn billions from our daily labors but are allowed to   classify our income as 'carried interest,' thereby getting a bargain   15 percent tax rate.\"\" We don't know the taxes paid by Buffett's secretary, who was mentioned   by Obama but not by Buffett. Buffet's secretary would have to make a   high salary, or else typical deductions (such as the child tax credit)   would offset taxes owed. Let's say the secretary is a particularly   well-compensated executive assistant, making adjusted income more than   $83,600 in income. (Yes, that sounds like a lot to us, too, but   remember: We're talking about the secretary to one of the richest   people in the world.) In that case, marginal tax rates of 28 percent   would apply. Then, there would be payroll taxes of 6.25 percent on the   first $106,800, money that goes to Social Security, and another 1.45   percent on all income, which goes to Medicare. The secretary\u2019s overall   tax rate would be lower than 28 percent, since not all the income   would be taxed at that rate, only the income above $83,600. Buffett, meanwhile, would pay very little, if anything, in payroll   taxes. In the New York Times op-ed, Buffett said he paid 17.4 percent   in taxes. Thinking of the secretary, it gets a little complicated,   given how the tax brackets work, but basically, people who make   between $100,000 and $200,000 are paying around 20 percent in federal   taxes, including payroll and income taxes, according to an analysis   from the nonpartisan Tax Policy Center. So in this case, the secretary's rate is higher because so much of   Buffett's income comes from investments and is taxed at the lower   capital gains rate. Here's Buffet's original Op-Ed in the NYT for those of you that aren't familiar.\""}
{"_id": "118880", "title": "", "text": "You don't have to retire. But the US government and other national governments have programs that allow you to set aside money when you are young to be used when you are older.  To encourage you to do this, they reduce your taxes either now or when your are older. They also allow your employer to match your funds. In the US they have IRAs, 401Ks, and Social Security.  You are not required to stop working while tapping into these funds. Having a job and using these funds will impact your taxes, but your are not forbidden from doing both. Decades ago most retirement funds come from pensions and Social Security. Most people are going to reach their senior years without a pension, or with only a very small pension because they had one in one of their early jobs. So go ahead, gamble that you will not need to save for retirement. Then hope that decades later you were right about it, because you can't go back in time and fix your choice.  Some never save for retirement, either because they can't or they think they can't. Many that don't save end up working longer than they imagined. Some work everyday until they die, or are physically unable to work. Sometimes it is because they love the job, but often it is because they cannot afford to quit."}
{"_id": "118890", "title": "", "text": "\"&gt; A severe outbreak of inflation would be great for debtors and homeowners - a large percentage of the population.   Not necessarily.  You presume that wages would rise along with prices.  In fact prices have been rising, but wages haven't followed suit.  &gt;It would also be great for equity owners.  Do you understand the definition of \"\"bubble\"\"?\""}
{"_id": "118906", "title": "", "text": "I really don't see myself doing this in the future. Sounds like youve answered your own question without reddits help. If you genuinely cant stand the job, then quit and go intern for a food service position or some other position in the retail world, the areas you actually have interest in. When it comes down to it, you shouldn't feel like stabbing yourself at work."}
{"_id": "118909", "title": "", "text": "Apart from what others have contributed.  Look at all your usual spendings. Can they be cheaper? (Telephone, Electricity, Gas, Car, Mortgage, Loans, Insurance...) Whenever you are tempted to buy anything, ask yourself: Do I need this? If the answer is 'Yes' go ahead and buy (food, basically). Otherwise, restrain yourself. Most things in life can be bought cheaper. Most things in shops are useless. For example, how many pairs of shoes do you need? You can drink water from the tab. You don't have to go to restaurants or bars, and if you do, you could budget yourself to some amount. If the restaurant is more expensive, walk. My 0,02\u20ac"}
{"_id": "118931", "title": "", "text": "China was the only place that I've traveled to where they had built in privacy screens as you're going through security. One person at a time through the metal detector and once you pass through the metal detector you're in an area that has complete privacy. Nobody before or after the line can see you. In a way it's good if implemented in the USA but sometimes it makes me wonder how that can be abused."}
{"_id": "118935", "title": "", "text": "Thats cool, If you take all the income my mother received raising two children to 22, Subtract a third for rent, and assume she never ate anything or wore clothes in that 22 years, she did it for about $140,000 per child"}
{"_id": "118957", "title": "", "text": "I think that one-sided is nicer for a more professional occupation or aim. If you do decide to go two-sided, I would make sure that the back is something minimalist. As one other commenter said, it is nice to have space to write extra info on a card.   Plus, it is nice to be able to tell which side is the front as soon as possible."}
{"_id": "118960", "title": "", "text": "Just because your slice of pie gets bigger doesn't necessarily mean someone else's becomes smaller. In a lot of cases it's the entire pie that gets bigger. Why is the pie bigger? More investors (savers turn investors; foreign investments, etc.), more money printed (QE anyone?), Market sentiment changes (stock is priced by perceptions) And it can certainly get smaller."}
{"_id": "118970", "title": "", "text": "\"&gt; She didn't know that having sex can lead to kids? I mean, you'd think she might have at least pieced it together after the first one.  I don't think you realize how ignorant people can be. Nor how uneducated as to what options they have or more importantly who will pay for those options since they are probably just as broke as they were before the kid.  &gt; At what point do people's bad decisions stop being society's burden to bear?  This isn't that point.  &gt; If I decide to take on insurmountable debt because I don't know any better, should everyone else be forced to pick up the tab?  Not really a fair comparison, but no I don't think we should let you starve. Idiot or otherwise.  &gt; A $15/hr minimum wage would ruin our economy and cause a lot more suffering and homelessness.  Prove it, name an example country that is now a devastated wasteland for providing decent wages alone.  &gt; Just because we want to help people (and I do feel bad for her), if we put policies in place that will ruin everyone, we don't get off the hook just by blaming it on other factors or because \"\"we didn't see it coming\"\".  What policies would those be? I'm waiting for that ruined country.  &gt; In a way, making bad policy decisions that will fuck up our entire country is kind of a large scale version of what Fran and many others have done to their own life.  Real world example or I am going to continue to assume you live in a alt-right fantasy.\""}
{"_id": "118989", "title": "", "text": "You're thinking of general purpose computers. A Mac or Windows box runs millions of applications from millions of sources. That's usually why those computers crash. There are also thousands and thousands of hardware configurations, which compounds the problem.   Tesla has one hardware set and they make their own software. One configuration and one application suite that's dedicated to a very narrow set of instructions with redundant systems and failsafes to stop the car if there were to be a catastrophic failure.  As long as the system is well built and capable, it will have a long track history of safe transportation. Eventually, will something happen to the car to make it fail and kill someone? Maybe, but in the meantime, it's going to save so many lives. You can't dismiss a technology just because it might not have a 100% success rate. If that's your metric, then people would never be allowed to drive."}
{"_id": "118995", "title": "", "text": "\"&gt; Go ahead, we'll be waiting.  Stop being a cocky moron. I already have and bitch slapped someone else with them. Now its your turn to feel like a moron   \"\"The findings suggest why \u2018stoners\u2019 are stereotypically viewed as lacking motivation to work hard to pursue their dreams or to be ambitious.\"\"  https://www.psychologytoday.com/blog/the-athletes-way/201307/does-long-term-cannabis-use-stifle-motivation   Cannabis reduces short-term motivation to work for money Smoking the equivalent of a single 'spliff' of cannabis makes people less willing to work for money while 'high'  https://www.sciencedaily.com/releases/2016/09/160901211303.htm   Cannabis smokers end up in worse jobs and have less money than average, study finds  http://www.mirror.co.uk/news/world-news/cannabis-smokers-end-up-worse-7608737   Getting high on cannabis makes you less likely to work hard for money, study says  https://www.independent.co.uk/news/science/cannabis-marijuana-weed-effects-getting-high-working-hard-money-motivation-a7220441.html   Regular pot users wind up earning less money, new study says  http://www.sacbee.com/news/state/california/california-weed/article69339292.html  Study: Poorer marijuana users smoking the most (Yeah, they ended up losers)  http://www.denverpost.com/2016/08/14/study-poorer-marijuana-users-smoking-the-most/ permalinksavecontextfull comments (182)editdisable inbox repliesdelete\""}
{"_id": "118996", "title": "", "text": "You're moving goalposts. Of course my backhand calculation is not scientifically accurate. But the point is it's still way more than de minimis like you implied. Buses off the road are still off the road. Cars off the rod are still off the road. Whatever fraction of 400k you feel for whatever weird reason is still a fuckton less traffic clogging the roads. You just seem to have a hate boner."}
{"_id": "118997", "title": "", "text": "In other words, the cost of three people at $12 an hour is less than one person at $20 an hour.   So we'll spin this into a feel good story and post it up on Reddit.   This is further supported by the fact that when I go into a Costco it's nearly impossible to find anyone to help me, and when I do, they are just about useless.   But overall, I don't care. All that really matters is how much money I'm saving under the business model of buying in bulk. So...I'm a major Costco fan."}
{"_id": "118999", "title": "", "text": "\"To be completely honest, I think that a target of 10-15% is very high and if there were an easy way to attain it, everyone would do it. If you want to have such a high return, you'll always have the risk of losing the same amount of money. Option 1 I personally think that you can make the highest return if you invest in real estate, and actively manage your property(s). If you do this well with short term rental and/or Airbnb I think you can make healthy returns BUT it will cost a lot of time and effort which may diminish its appeal. Think about talking to your estate agent to find renters, or always ensuring your AirBnB place is in good nick so you get a high rating and keep getting good customers. If you're looking for \"\"passive\"\" income, I don't think this is a good choice. Also make sure you take note of karancan's point of costs. No matter what you plan for, your costs will always be higher than you think. Think about water damage, a tenant that breaks things/doesn't take care of stuff etc. Option 2 I think taking a loan is unnecessarily risky if you're in good financial shape (as it seems), unless you're gonna buy a house with a mortgage and live in it. Option 3 I think your best option is to buy bonds and shares. You can follow karancan's 100 minus your age rule, which seems very reasonable (personally I invest all my money in shares because that's how my father brought me up, but it's really a matter of taste. Both can be risky though bonds are usually safer). I think I should note that you cannot expect a return of 10% or more because, as everyone always says, if there were a way to guarantee it, everyone would do it. You say you don't have any idea how this works so I'd go to my bank and ask them. You probably have access to private banking so that should mean someone will be able to sit you down and talk you through. Also look at other banks that have better rates and/or pretend you're leaving your bank to negotiate a better deal. If I were you I'd invest in blue chips (big international companies listed on the main indeces (DAX, FTSE 100, Dow Jones)), or (passively managed) mutual funds/ETFs that track these indeces. Just remember to diversify by country and industry a bit. Note: i would not buy the vehicles/plans that my bank (no matter what they promise, and they promise a lot) suggest because if you do that then the bank always takes a cut off your money. TlDr, dont expect to make 10-15% on a passive investment and do what a lot of others do: shares and bonds. Also make sure you get a lot of peoples opinions :)\""}
{"_id": "119000", "title": "", "text": "&gt;A lot of unsuccessful entrepreneurs fit that definition.  Ah, I see what you're saying. You're saying that sure, Michael Phelps is a fast swimmer, but his competition are *all* fast swimmers. It's only luck that got him a gold medal. Or yeah - the winner of the New York Marathon is a fast runner, but they're *all* fast runners - it's only luck that got the winner first place.   Certainly the current world record holder for the deadlift is strong, but all world caliber deadlifters are strong. It's only luck that got them the world record."}
{"_id": "119018", "title": "", "text": "Yes.  When the currency of a country appreciates, it benefits some groups and disadvantages others.  In particular, exporters suffer when a currency increases in value relative to other countries.  In a country like the US, where exporters are small relative to the economy, this isn't a big deal.  In germany, where exporters make up a big part of the economy, a currency increasing in value leads to large numbers of layoffs and other negative net effects to the economy."}
{"_id": "119034", "title": "", "text": "Hello Reddit friends, family &amp; future guests of The Greenhouse Inn, Asbury Park's (NJ) first eco-friendly bed and breakfast.  I have wonderful news from the Small Business Administration (SBA) and the local community bank, as they have agreed to finance 90% of the startup costs to open The Greenhouse Inn. Woo hoo! They have affirmed their support, and are ready to get the ball rolling, but I will need to supply 10% of the projects total cost in equity.  For instance, a bank will usually lend only if you have 10% of the amount you require. Therefore, if we have $1,000, getting a bank loan of up to $10,000 should be feasible. This is oversimplified, but in a way, it means that every single dollar contributed gives The Greenhouse access to ten more. If we make $20,000 dollars on RocketHub, we might be able to get a loan of $200,000 dollars!"}
{"_id": "119048", "title": "", "text": "\"But that wouldn't happen - TiVo's service is \"\"enable consumers to skip the things that cable companies make money from.\"\" That business model is DOA.   You can play all kinds of \"\"if Tivo had done [x]\"\" games, but unless you figure out a legal way to provide content (created by networks to be sold to cable providers) around the cable providers, then rest assured that they are going to drill you into the ground because they fear change.\""}
{"_id": "119051", "title": "", "text": "You must file as married for 2013 if you were married as of December 31, 2013. It is true that the Roth IRA contribution phaseout for Married Filing Separately is 0 - $10K. But you can still do backdoor Roth IRA contribution (contribute to a Traditional IRA, then convert it to a Roth IRA; assuming you do not have any pre-tax IRAs, this is identical to a Roth IRA contribution). But you already made a Roth IRA contribution for 2013, and did not do the backdoor. Let's assume that you want to turn it into a backdoor Roth IRA contribution, and that you don't have any pre-tax IRAs. There are two ways to do this: Withdraw the Roth IRA you contributed (including earnings). Then, do a normal backdoor Roth IRA contribution (contribute to a Traditional IRA, then immediately convert it to Roth IRA). The earnings you had in the Roth IRA that you withdrew will be treated as normal income and taxed. The conversion will not be taxable because all of the Traditional IRA was non-deductible when you converted. Re-characterize your original Roth IRA contribution as a Traditional IRA contribution, then convert it to Roth IRA. It will be treated as if you made a Traditional IRA contribution originally, and then waited until now to convert. The earnings in the IRA up till now will be taxed on conversion. So in both cases, you will need to pay income tax on the earnings in the account up to now. The difference between the two is in the amount of money in the IRA now. With the first way, you can only contribute $5500 now. With the second way, you will keep the same amount of money you have in the IRA now."}
{"_id": "119059", "title": "", "text": "Being a successful CFP is 100% about convincing other people to give you their money. Managing 90% of people's finances is sticking to the foundationals and keeping them in the market long term. OP doesn't want to be a hedge fund or PE guy doing complex transactions, he wants CFP. He needs to be able to sell himself, because it's what he'll be doing his whole career."}
{"_id": "119075", "title": "", "text": "\"I took the quiz that you linked too and answered with what I considered \"\"ideal\"\" answers with the exception of checking C for that particular question.... The first thing I saw was I needn't have bothered with giving the ideal answer as the result is self graded (paraphrased) as...all \"\"A\"\" great, mostly \"\"A\"\" good,  mostly \"\"B\"\" you can do better, any \"\"C\"\" you probably have problems...regardless of your actual answers. Secondly my ideal answers didn't agree with theirs. Finally, neither my ideal nor theirs takes actual circumstances into account.  For instance paying off your debt each month: there are quite a few cards that offer zero percent financing for extended periods of time, for those cards the ideal would be for the debt to be paid off before the terms change.  Whether that should be steady progression towards zero or a ballon payment at the end, would depend upon your circumstances. In short, look at this quiz as a rough guideline, not a nuanced evaluation of your credit handling capabilities.\""}
{"_id": "119077", "title": "", "text": "I believe you can easily make tresholds for what constitute a partial owner. If I work for GE and buy a share, I'm not exactly a partial owner.  Anything under 10% for companies making, I don't know, less than 50 Mil in revenue, you're an employee. Larger companies, 5%.  That's just an idea, could be refined but, yeah..."}
{"_id": "119100", "title": "", "text": "The Koller et al. book? Well, I find that it provides a better structure and an easier read if you are new to valuation. However, Damodaran contains discussions of some important issues not discussed in the Koller et al. book and it that sense serves as a great supplement in my opinion."}
{"_id": "119104", "title": "", "text": "Three big ones that are common in almost all banks (though, individually, they may have other criteria): Other criteria I've seen (while working in the banking industry - varying by bank): the average balance you keep on deposit accounts (checking/savings/CDs/etc), number of overdraft fees in the past 12 months (one bank I worked for wouldn't approve a credit card if a customer had more than 5 overdrafts in the past year), the length of time a customer had been with the bank. Note that a credit card only company, like AmEx, may have different criteria in that they don't offer all the other type of accounts that other other banks do."}
{"_id": "119117", "title": "", "text": "\"Is a student loan a type of loan or just a generic name used to refer to a loan for someone who is going back to school? A student loan from the federal government is a specific type of loan used for education purposes (i.e. attending college). They have guidelines associated with them that are very flexible as compared to a student loan from a private bank.  If a student loan is a different type of loan, does it only cover the costs of going to the school? Every student at a university has a \"\"budget\"\" or the \"\"cost of attendance\"\". That includes direct and indirect costs. Direct costs are ones billed directly to you (i.e. tuition, room and board - should you choose to live on campus, and associated fees). Indirect costs are such things like books, travel expenses (if you live out of state), and personal things. Direct costs are controlled by the school. Indirect costs are estimated. The school will usually conduct market research to determine the costs for indirect items. Some students go above that, and some go below. For example, transportation is an indirect cost. A school could set that at $500. There are students who will be above that, and some below that. If you choose not to live on campus, then rent and food will become an indirect cost. Student loans can cover up to 100% of your budget (direct and indirect added together). If your total budget is $60,000 (tuition, room and board, transportation, books, supplies, etc.) Then you are able to borrow up to that amount ($60,000). However, because your budget is both direct and indirect costs, you will only be billed for your direct costs (tuition, etc.). So if your direct costs equal $50,000 and your student loan was certified for $60,000, then you will get that $10,000 back in the form of a refund from the school. That does not mean you don't have to pay it back - you still do. But that money is meant for indirect costs (i.e. books, rent - if you're not staying on campus, etc.). If your school is on semesters vs quarters, then that amount is divided between the terms. Summer term is not factored in, that's another process. Also with student loans, there are origination costs - the money associated with processing a loan.  A good rule of thumb is to never borrow more than you need.  Source: I used to work in financial aid at my college.\""}
{"_id": "119121", "title": "", "text": "The cable companies are not stupid ALL the time. They realize that every time a household pulls the plug on cable service they will need to work extra hard to get them back. Once people establish a habit getting them to change again is hard (which is why streaming has only begun to take off recently). As such, though the cable companies continue to loudly proclaim that online TV is not costing them (and it may not be yet) each little drop in the bucket will add up over time until the ship is too hard to turn back around. Data limits on internet are just thier first attempt a curbing the mass exodus from cable that is currently underway. Let's not forget that even Hulu is owned by Universal and Netflix, being a publically traded company can be purchased if they make the cable companies REALLY nervous. This is a fight that the cable companies will eventually win unless some other disruptive force intervene's (enter the DoJ)"}
{"_id": "119136", "title": "", "text": "Many investment companies are also offering target retirement date portfolios to invest in.  They manage reducing the risk over time so you don't have to worry about it if you choose not to."}
{"_id": "119154", "title": "", "text": "Oanda.com trades spot forex and something they call box options, it's not quite what you are looking for, but maybe worth looking up."}
{"_id": "119161", "title": "", "text": "Brokerage firms must settle funds promptly, but there's no explicit definition for this in U.S. federal law. See for example, this article on settling trades in three days. Wikipedia also has a good write-up on T+3. It is common practice, however. It takes approximately three days for the funds to be available to me, in my Canadian brokerage account. That said, the software itself prevents me from using funds which are not available, and I'm rather surprised yours does not. You want to be careful not to be labelled a pattern day trader, if that is not your intention. Others can better fill you in on the consequences of this. I believe it will not apply to you unless you are using a margin account. All but certainly, the terms of service that you agreed to with this brokerage will specify the conditions under which they can lock you out of your account, and when they can charge interest. If they are selling your stock at times you have not authorised (via explicit instruction or via a stop-loss order), you should file a complaint with the S.E.C. and with sufficient documentation. You will need to ensure your cancel-stop-loss order actually went through, though, and the stock was sold anyway. It could simply be that it takes a full business day to cancel such an order."}
{"_id": "119165", "title": "", "text": "I don't like your strategy.  Don't wait.  Open an investment account today with a low cost providers and put those funds into a low cost investment that represents as much of the market as you can find. I am going to start by assuming you are a really smart person.  With that assumption I am going to assume you can see details and trends and read into the lines.  As a computer programmer I am going to assume you are pretty task oriented, and that you look for optimal solutions. Now I am going to ask you to step back.  You are clearly very good at managing your money, but I believe you are over-thinking your opportunity. Reading your question, you need a starting place (and some managed expectations), so here is your plan: Now that you have a personal retirement account (IRA, Roth IRA, MyRA?) and perhaps a 401(k) (or equivalent) at work, you can start to select which investments go into that account.  I know that was your question, but things you said in your question made me wonder if you had all of that clear in your head. The key point here is don't wait.  You won't be able to time the market; certainly not consistently.  Get in NOW and stay in.  You adjust your investments based on your risk tolerance as you age, and you adjust your investments based on your wealth and needs.  But get in NOW.   Over the course of 40 years you are likely to be working, sometimes the market will be up, and sometimes the market will be down; but keep buying in.  Because every day you are in, you money can grow; and over 40 years the chances that you will grow substantially is pretty high.  No need to wait, start growing today. Things I didn't discuss but are important to you:"}
{"_id": "119210", "title": "", "text": "Consult your local Small Business Administration office - they may have resources that can help you find what you're looking for."}
{"_id": "119211", "title": "", "text": "\"Because its going to effect a lot of people's jobs but being able to work deals with those jobs on the table \"\"is essential to US business export interests\"\" &lt;/sarcasm&gt; in the rapidly growing developing countries, which have a surplus of skilled workers who could do those jobs.   Without privatizing education, they could not put those hundreds of thousands of jobs into play.  the same thing goes for health care, (which Ive heard described repeatedly in terms like \"\"the one bright spot in an otherwise dismal economy\"\" - a dangerous situation because they mean exactly what it sounds like)   They could not be giving discounts to Americans or having public health care here. Its too important to the US insurance and drug industries that US trade ~~ideological~~ goals be maintained purely and consistently. &lt;/sarcasm&gt;\""}
{"_id": "119213", "title": "", "text": "We know our bobbleheads are usually given as special gifts for important events. We will do everything to send it to you on time. Generally, it will take around 7 - 15 working days for us to process your order. We will pack your statue carefully and send it to you as soon as you confirm everything."}
{"_id": "119219", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-china-artificialintelligence-idUSKBN1942OX) reduced by 90%. (I'm a bot) ***** &gt; WASHINGTON The United States appears poised to heighten scrutiny of Chinese investment in Silicon Valley to better shield sensitive technologies seen as vital to U.S. national security, current and former U.S. officials tell Reuters.  &gt; AI&amp;#039;S ROLE IN DRONE WARFARE. Concerns about Chinese inroads into advanced technology come as the U.S. military looks to incorporate elements of artificial intelligence and machine learning into its drone program.  &gt; &amp;quot;When the Chinese make an investment in an early stage company developing advanced technology, there is an opportunity cost to the U.S. since that company is potentially off-limits for purposes of working with,&amp;quot; the report said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6h3wj2/the_united_states_appears_poised_to_heighten/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~143518 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **technology**^#1 **us**^#2 **investment**^#3 **China**^#4 **Chinese**^#5\""}
{"_id": "119223", "title": "", "text": "[Some might say that these companies have too much power and influence, and are being used as political weapons.](https://wikileaks.org/google-is-not-what-it-seems/)  [These large companies and our government are also very intertwined in sometimes uncomfortable ways.](http://www.businessinsider.com/cia-600-million-deal-for-amazons-cloud-2013-3)  I do not come with an answer, because there really isn't one everyone will agree on. But, with human nature being so easily corrupted, I have my concerns time to time."}
{"_id": "119244", "title": "", "text": "\"Annual property tax and home insurance come to mind as things that are easily forgotten, but surely the biggest true, \"\"I didn't see that coming,\"\" is a major car repair. There are a number of things that can go wrong with a car with little warning and end up costing a thousand dollars or more.  Since most people are dependent upon their car for getting to work, doing anything but fixing or replacing the car is not an option.  If you fix it, that's an out of pocket expense that most aren't prepared for.  If the car has some age, you might be inclined to replace it, but doing so in a rush costs a lot more than taking your time in such a decision.\""}
{"_id": "119247", "title": "", "text": "Our two rentals have yielded 8.5% over the past two years (averaged). That is net, after taxes, maintenance, management, vacancy, insurance, interest. I am only interested in cash flow - expenses / original investment. If you aren't achieving at least 4.5-5% net on your original investment you probably could invest elsewhere and earn a better return on a similar risk profile."}
{"_id": "119251", "title": "", "text": "Our signage products are designed and manufactured for many industries and locations, such as Corporate Offices, Hotels, Hospitals, Schools, Retail Stores, Restaurants, and many more. As experienced signage professionals, we approach each project with a thorough examination of the purpose, location, traffic, size, typography, colour, material, finish, lighting condition, fabrication &amp; mounting method, safety as well as future maintenance. At Wonderful Signs &amp; Creative we will offer you our full guarantee of providing you our best signage services. For more details of our projects, please also visit our site at http://www.wonderfulsigns.com."}
{"_id": "119268", "title": "", "text": "It costs money to pull credit information, and there's a record of who requested the info. And hard pulls are only a temporary, short-term ding on your score. Basically, if someone wants to make trouble,  there are better ways to do so."}
{"_id": "119273", "title": "", "text": "Thank you JerseyPride for voting on I\\_am\\_a\\_haiku\\_bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "119277", "title": "", "text": "Is this really a net effect of concentration of wealth? When so few people hold all the money, you need more money to keep the system running. Imagine we need 10 trillion to keep the economy running. If 1000 people hold 50%, you effectively need 5 trillion just to keep the economy running.  It is somewhat ironic that the last time we had full employment was basically the real estate bubble where tons of money was dumped into the system by liar loans with no credit check.  Not saying we want to go back there, but perhaps we need that level of money in the system to get full employment. If we want to get there safely, we need to buy back our debt, invest more in our infrastructure and provide more services. This is the only way we are going to get full employment"}
{"_id": "119289", "title": "", "text": "Might be able to replace, but at what price? There was a reason why people bought products from EU/US - it had the correct quality/price ratio. Now with the new imports you will either (1) lose on quality or (2) face an increase in pricing. Either way regular Russians are going to bear the brunt of it, not the oligarchs running the show. Say high to increased inflation, reduced GDP expectations and damaged international relations."}
{"_id": "119298", "title": "", "text": "The bank depends on the laws of large numbers.  They don't need to make money on every customer -- just on average. There are several ways that zero interest makes sense to them: You asked about banks, and I don't think you see this last scheme in use very much by a bank.  Here's why.   First, customers absolutely hate it - and when you drop the interest bomb, they will warn their friends away, blow you up on social media, call the TV news consumer protectors, and never, ever, ever do business with you again.  Which defeats your efforts in customer acquisition.  Second, it only works on that narrow range of people who default just a little bit, i.e. who have an auto-pay malfunction.  If someone really defaults, not only will they not pay the punishment interest, they won't pay the principal either!  This only makes sense for secured loans like furniture or cars, where you can repo that stuff - with unsecured loans, you don't really have any power to force them to pay, short of burning their credit.  You can sue them, but you can't get blood from a stone."}
{"_id": "119308", "title": "", "text": "I have had better experiences with accountants in smaller towns.  It seems they are used to working with small businesses and their reputation is very important to them."}
{"_id": "119310", "title": "", "text": "I'm interning right now for the state and it gets boring but I like to ask around for work. I tend to be a multi-tasker and take on several projects at once to keep me sane. They even recruit me to work for other departments outside of mine. The more stuff I do, the better it looks on my resume even if this isn't what I want to do. It benefits all parties to take on more work and responsibilities. If it's engineering, just work your tail off where you are right now and apply for other positions for the school you're in. Network with professors and such to see if they can help you out or with your career service center to see if there are some positions in other places. Best thing you can do is always keep your feet moving. It keeps depression away and benefits you in the long run."}
{"_id": "119311", "title": "", "text": "Got job at top 10 bank out of college.  First year as analyst I also got involved in college recruiting.  There were many discussions on what schools to recruit from.  Seemed to be a combo of best reputations, highest rankings, and schools some senior executives went too.  Our bank had dedicated recruitment at about 10 to 15 schools.  If you got into the analyst program outside of that it was through some connection.  If memory serves me, these were the colleges we recruited from.  Harvard Yale MIT Dartmouth Brown Cornell Princeton Columbia Duke Nyu Stanford Ucla Cal  Think nyu the easiest school that gets dedicated recruiters due to it's size and location.  My bank had more west coast and southern focus than other banks.  I believe northwestern and u of Chicago get recruited from banks with large Chicago offices."}
{"_id": "119316", "title": "", "text": "\"The solution I've come up with is to keep income in CAD, and Accounts Receivable in USD.  Every time I post an invoice it prompts for the exchange rate. I don't know if this is \"\"correct\"\" but it seems to be preserving all of the information about the transactions and it makes sense to me.  I'm a programmer, not an accountant though so I'd still appreciate an answer from someone more familiar with this topic.\""}
{"_id": "119350", "title": "", "text": "There are good reasons to not go the cash route here (see Jay's answer). If one insists however, at 30 k\u20ac anti-money laundering regulations have to be considered (and are not mentioned by the existing answers so far). Depositing amounts larger than 10 k\u20ac will trigger questions about the source of the money to fight tax evasion and organized crime (splitting the amount may still trigger the process). So prepare good proof concerning the origin of that money and a paper trail that shows it is legal money and that it has been taxed already.  I.e. the latest Anti-Money Laundering Directive is supposed to be implemented by national laws, thus including Spain. The European Union Fourth Anti-Money Laundering Directive is the most sweeping AML legislation in Europe in several years. On 25 June 2015, the EU Fourth Directive was enacted, which replaces the previous Third Directive. With a two-year window for implementation, all EU member states must be compliant with the new mandates by 26 June 2017. Source"}
{"_id": "119351", "title": "", "text": "\"I've heard that the bank may agree to a \"\"one time adjustment\"\" to lower the payments on Mortgage #2 because of paying a very large payment. Is this something that really happens? It's to the banks advantage to reduce the payments in that situation.  If they were willing to loan you money previously, they should still be willing.  If they keep the payments the same, then you'll pay off the loan faster.  Just playing with a spreadsheet, paying off a third of the mortgage amount would eliminate the back half of the payments or reduces payments by around two fifths (leaving off any escrow or insurance).   If you can afford the payments, I'd lean towards leaving them at the current level and paying off the loan early.  But you know your circumstances better than we do.   If you are underfunded elsewhere, shore things up.  Fully fund your 401k and IRA.  Fill out your emergency fund.  Buy that new appliance that you don't quite need yet but will soon.  If you are paying PMI, you should reduce the principal down to the point where you no longer have to do so.  That's usually more than 20% equity (or less than an 80% loan).   There is an argument for investing the remainder in securities (stocks and bonds).  If you itemize, you can deduct the interest on your mortgage.  And then you can deduct other things, like local and state taxes.  If you're getting a higher return from securities than you'd pay on the mortgage, it can be a good investment.  Five or ten years from now, when your interest drops closer to the itemization threshold, you can cash out and pay off more of the mortgage than you could now.   The problem is that this might not be the best time for that.  The Buffett Indicator is currently higher than it was before the 2007-9 market crash.  That suggests that stocks aren't the best place for a medium term investment right now.   I'd pay down the mortgage.  You know the return on that.  No matter what happens with the market, it will save you on interest.  I'd keep the payments where they are now unless they are straining your budget unduly.  Pay off your thirty year mortgage in fifteen years.\""}
{"_id": "119362", "title": "", "text": "\"It seems that they are also protesting because of Burger King are being \"\"unpatriotic\"\" to USA.    I feel that seems like a pretty silly idea to get behind in my opinion    but that is just my shallow laymen's observations so, oh well.\""}
{"_id": "119374", "title": "", "text": "Except, restricting how the economy can be controlled is a slippery slope into financial control of the nation by outside interests.  The real issue is that every extreme becomes a problem, and trying to block every extreme is futile.  Controls should impede, but not completely stop, extremes.  The impedance method should return the force against it as support or growth for the nation.  Financial growth of any outside interest connected to the government or in this country should bring more and more wealth into the nation, while slowing the growth of the financial extremes, but never stopping it.  Special Interest groups need to return to the country a share of what they gain through their work with the government and our people.  Religious groups should return money and support of the lower class.  Women\u2019s advocacy groups need to return value for their gains.  The NRA needs to return value for its gains.  The poorer populace should return work for the country in return for education, health care, housing, food, and wages.  Harder and smarter work, better progress through education, should be rewarded with better benefits and eventual financial \u201cfreedom\u201d (there is no true freedom in a world of limited resources and competition, so the idea of \u201ctrue freedom\u201d is ridiculous).  We should, however, endeavor to give as much freedom as possible.  There should be an uncomfortable minimum below which a person may only fall if they refuse to work and get educated."}
{"_id": "119379", "title": "", "text": "If you can generate a higher ROI by renting than by cashing out and investing, then you should rent it out. Please consider your risk tolerance as well. It's always a personal decision whether to assume higher risk for a higher return."}
{"_id": "119381", "title": "", "text": "&gt; Ever considered that I'm not even American? So basing my arguments on your constitution wouldn't make sense to me.  Okay, my bad.  My assumption was wrong.  But now you are left with no support to your claims about what a social contract can be.  &gt; Capitalism is barter. You don't neither need government enforcement nor centralized currencies...  If that is true, how do you explain that capitalism didn't start until the 16th century, after private property and currencies were already established?  &gt; Capitalism does not require maintenance...  I never said it did.  I said when someone can work because of government services it makes sense part of that person's income should go to maintain/improve those services.  &gt; Are you seriously going to base your arguments on a game...  My argument was that a capitalist system without wealth redistribution is unstable.  Monopoly is a simple illustration as to why.  I consider my argument unchallenged if your only criticism is my choice of example."}
{"_id": "119392", "title": "", "text": "Generally a diversified portfolio will give you a better overall return --a couple of factors that may address what you are looking at - 1) Correlation - The correlation between your two funds is still very high -- it's partially a function of how global economies are related and many companies are now multi-national.  It may help if you diversified into other types of products.   2) Diversification - Following up from before, you may want to also look into diversifying into some bonds, commodities, reits, etc.  They will have a much smaller correlation with a total domestic stock fund. 3) Returns - I'm not sure if by dominate you mean that it has better overall returns, but the point of diversification is to to get you the highest returns.  It's really the ability to limit the risk for the returns - this really translates to limiting the volatility.  This may mean that overall your max returns could be lower-- ie: maybe VTSAX  gives potential average returns between 3%-11%.  A diversified portfolio may give you potential average returns of 5%-9%.  A similar article debating the merits of 'smart beta ETFs' if you are curious. Hope that helps."}
{"_id": "119401", "title": "", "text": "Just because target is ultimately to blame doesn't mean the behavior is ethical.  It is disappointing that so many think of ethics as anything they can get away with and avoid punishment.  That isn't ethics, that is weighing risks and rewards."}
{"_id": "119415", "title": "", "text": "Learn how to do the job and don't be afraid to step in and help out. If you never do this people will assume you think you're too good to do the work they do and they won't respect you or your authority.   Being good at something gives you natural authority and people will seek you out for advice/direction.  Trust your employees to do their jobs until they prove otherwise. Management is a relationship and relationships are based on trust. If you want to be untrusted the very best way to go about it is to show you don't trust the other person. If you're not trusted then no one is going to follow your untrustworthy advice/direction.  Stay calm even when things are going terribly. Even if you're freaking out on the inside it's best to show a calm front. If you're constantly on edge it will amplify through your employees and a chaotic workplace is obviously less efficient overtime. If you lose your cool apologize sincerely.  Be positive. Always have something good to say about something and employees will more likely be able to stay positive. If you're negative all the time then again this is going to amplify through employees and if everyone is gossiping and complaining all day efficiency is going to go down.   Be assertive and explain why. Sometimes you can take input from employees and negotiate, but sometimes you just have to tell them what to do and it's important to include why because if you include the why people are much more likely to comply as well as to remember what you said.  All these things may not make you liked. If your goal is to be liked then quit because all bosses aren't liked by many employees. You will be more likely to be effective and at least respected."}
{"_id": "119416", "title": "", "text": "\"I think you misunderstand the purpose of the liability account.  I would suggest you review the standard accounting model, but to give you a brief overview: Income and expenses are money coming into and out of your possession.  They are the pipes flowing into and out of your \"\"box\"\".  Inside your box, you have assets (bank, savings, cash, etc) and liabilities (credit cards, unpaid debts, etc).  Money can flow into and out of either asset or liability accounts, for example: deposit a payment (income to asset), buy office supplies with cash (asset to expense), pay a bill with credit card (liability to expense), customer pays one of your debts directly (income to liability).  Paying off a debt with an asset does not affect your overall net worth, so paying a check to your credit card bill (asset to liability) doesn't decrease your total balance, it merely moves the value from one bucket to another. Now to your question: Mandatory payments, such as taxes or insurance (or for that matter, utilities, rent, food- all things that \"\"must\"\" be bought occasionally) are not liabilities, instead they are all expenses.  They might be paid FROM a liability account, if they are paid on credit for example, but the money still flows from liability to expense.  In my own records I have Expense:Taxes and Expense:Insurance, with sub-accounts in each.  Where the money comes from depends entirely on how I pay my bills, whether from cash or banks (asset) or whether it's a charge (liability).  Sometimes you receive payments back from an insurance company.  I find that rather than treating insurance premiums as a positive balance in a liability (with eventual payments as debits to the liability account), it is better to treat any payment from the insurance as income. Hope that helps!\""}
{"_id": "119428", "title": "", "text": "The people in this thread thinking that this won't happen soon are don't realize the extent to which we already entrust our lives to automated solutions. Go to a hospital and if you have a serious injury you'll be hooked up to machines that monitor your life and if they break you can die.  Already planes have been automated to the point that the pilot just sits there to give the illusion of comfort for the passengers (and can handle the few dangerous situations which the AI can't handle yet).  The military is investing in this technology in a major way, and once it reaches maturity the savings companies would make off of it would ensure that they'd get it to be legal. In the end, it would be better than a human pilot, because of its ability to network with all the other uavs in the air, its unwavering concentration and its faster reaction speed.  I can't wait for the day when I can get onto an automated plane, or an automated car (which I think will arrive first, they're already street legal in Vegas where Google is testing their car)."}
{"_id": "119434", "title": "", "text": "Good points. It's not a completely new shift, as some equities are behaving as one would historically expect: $LMT just missed earnings and investors are responding appropriately. So while overall things seem somewhat strange, there are still classic signs of behavior."}
{"_id": "119437", "title": "", "text": "I'm very sorry to hear this. Did you ask the professional to put his advice in writing? At the very least, you can get him reprimanded or even have to make good on what his advice cost you.  Professionals like him give bloggers like me a bad rap.  In the end, a loss from sale of your home cannot offset any other gains. The gain from your home sale is often not taxable as up to $250k per person (for a couple) is excluded if you lived in the house for two of prior five years.  By the way, where, exactly, did you read this? 'Everywhere' is pretty broad. I've been around for some time and never saw this particular incorrect assertion before."}
{"_id": "119448", "title": "", "text": "\"Yes, they are.  Ridesharing is just a term for Unmarked taxi booked through app.      I have no issue with that, since \"\"Government regulated taxi\"\" is so awful in almost every city on earth, that ridesharing has improved safety and convenience.\""}
{"_id": "119456", "title": "", "text": "Are you saying that you did not tell your employer, more specifically, your payroll department, that you got married, via a W4?  The W4 does not say '25%' bracket, but it asks for how many withholding allowances you plan to take. In effect, you are withholding at the single rate, but are married now. When you do your taxes for 2013, you'll see the full effect of what the W4 has on your withholding.  I suggest you use this time to update the W4, and not lend money to Uncle Sam.   Here's the current tax table from FairMark Publishing. 2013 gives a single a combined $10K in standard deduction and exemption, with a couple getting $20K. For a simple return, this is the info you need to figure out what you'll get back, and conversely, how much to pay next year.  e.g. a gross of $50,000 - for single the tax is on $40,000. $5929. For a couple, $30K taxable is a tax of $3608.  On a side note - I strongly recommend Roth accounts when in the 15% bracket and shift to Pre-Tax accounts as you get into the 25% bracket."}
{"_id": "119457", "title": "", "text": "There's no easy answer, and you're asking others to do all of your research. Read up on utilities in North-West Europe and figure out their energy fuel mix. If 1 of the Company's 2 nuclear reactors went offline, they'd have to make up for the energy they've promised through another fuel source, or purchase the power from a different utility co. You'll have to research their fuel mix, back up power generation, PPA's, Hedging strategy &amp; position, and so on.   Otherwise, if you think a large portion of nuclear will go offline, what's the next largest source of power for those companies? Coal? Natural Gas? Oil? Go Long the backup fuel."}
{"_id": "119468", "title": "", "text": "\"I am a female that works for a photo studio in berlin. I work \"\"part time\"\" (as in, I started at four hours per day and now I can work up to 8 if there is enough work). I make 8 euro per hour (not a lot but I don't speak fluent German and I scan photos), I have health insurance, I have sick and vacation time (24 days).  I am married to a German with a full time job so, of course, I have it better. However, if we didn't make enough money you can go and apply to get help from the government. My husband said they would give him at least 300euro per month.  Trick is that since I am a US citizen and looking for a permanent visa in three years they check to make sure you haven't gotten any government aid. They don't want to support more people that can't or don't want to work.  That being said my mother-in-law cannot work due to medical reasons and she lives very comfortably in a good apartment.  Our last apartment was a studio/one room apartment and we paid 230 euro per month. Even making the money I do without my husband I could afford the basics.  Even now we pay 57 euro for electricity. About 20 euro a month for our phones. 20 euro a month for internet.  It is way less expensive than the USA. My mom pays about $90 per month (my aunt sometimes has $1,000 electricity bills). Water is another $30. Cellphone another $60, cable and internet another $120.   I would say that living in the USA is far more expensive.  Edit: to put it very simply. I used to make on my own in the USA about what my husband and I both make, combined, in Germany. In the USA I could barely make ends meet. I lived with my mom and sister. Paid as little rent as I could, barely had enough for food. I had a good job! I was lucky to have health insurance but it was still really expensive to go to the doctor.  Here, in berlin, we have a large apartment in a nice neighborhood. With paying rent and all of our must haves every month we have over 500 euro left. That is pretty good. In the USA I was lucky if I had $20 by the end of the pay period.\""}
{"_id": "119470", "title": "", "text": "Not necessarily. You can set any rules that you like, and you can get capital from other sources. In our company's case, you have to work there for a year before you are eligible to join the co-op. The buy in is given as an interest free loan taken through payroll deduction. We don't get to share the profits generated by the labor of people who are not members of the company. Those stay as retained earnings. We can take on loans as well as outside investment as long as the outside investors aren't given voting rights (via restricted preferred stock)."}
{"_id": "119492", "title": "", "text": "It would be hard to say everything is overvalued when value is relative between any two items or services.  Most large corporate entities will hedge their positions, so even if a subset of securities or commodities moves negatively they preserve their value.    Most of the people that promote these types of ideas are selling something that has an inverse correlation with the market, so they hope to get others to buy in and drive up prices for them so they can cash out.  Or they are doomsday-conspiracy types."}
{"_id": "119502", "title": "", "text": "Agreed. I had a relatively fresh (five years old) Chap. 7 bankruptcy on my record when a potential employer ran a credit check prior to employment.   When I signed the form OKing the check, I told them what they'd find and said I was happy to explain it. I wrote a letter, they put it on file for the insurer (I needed to be bonded for this job -- I was co-signing six-figure checks) and it was fine."}
{"_id": "119503", "title": "", "text": "&gt; (mostly ivy leaguers on Wall Street, they've worked their asses off for these jobs).  I spent 6 years in the military and government, 2 of them in Iraq. Getting my job in banking was more difficult and more challenging than anything I had ever done up until that point in my life."}
{"_id": "119505", "title": "", "text": "Yes, that is correct. There is no limit.  An initial public offering of common stock by a company means that these shares remain outstanding for as long as the company wishes. The exceptions are through corporate actions, most commonly either"}
{"_id": "119507", "title": "", "text": "\"&gt;\"\"The haranguing had zero effect,\"\" Sunstein told The New York Times, referring to the year-long lobbying blitz by the for-profit college industry, which fought a relentless campaign to stave off consumer protection regulations and maintain access to billions of dollars in federal subsidies.  Every time I read something like that I imagine the scene in Shawshank Redemption where the warden is given a pie with a bunch of cash in the box and realizes immediately that his guys can't possibly do the job that the briber was bidding on.\""}
{"_id": "119513", "title": "", "text": "\"Most people cannot use pgp/gpg and setting it up would, in order to do that correctly, require voice fingerprint verification. Don't. Just write a word doc and either encrypt it when saving using the \"\"save as\"\" function or encrypt it using zip and email that to them. Then call them and tell them the password. Done.\""}
{"_id": "119516", "title": "", "text": "\"they make their money by serving weight loss ads and selling virtual coins so people can \"\"win\"\" at farmville. their business model is virtually absolutely dependent on the grace and prosperity of Facebook. its a bubble, and it shouldn't surprise anyone.  the fact that society considers what zynga does as valuable is almost in and of itself an argument that modern capitalism is rotten. i don't consider them industrialists, this overvalued IPO is a scam based on a fad supporting lowest common denominator advertising.\""}
{"_id": "119518", "title": "", "text": "This is exactly\u200b what it is, those rich suburanites live too far out of their current footprint for timely delivery service. Not anymore.   For example, in Georgia there are 5 Whole Foods in some of the most affluent neighborhoods in Metro Atlanta that Amazon Fresh currently does not service."}
{"_id": "119558", "title": "", "text": "1500 what? Items purchased at a supermarket? Assuming I purchase 50 items during a serious visit (a pretty low estimate) 1500 data points only represents 30 visits. If I go to the supermarket once a week, that's not even a year's worth of data.  How about websites? According to [this guy](http://kickstand.typepad.com/metamuse/2007/10/how-many-web-pa.html) an average internet user initiates between 120-140 unique pageviews per day. taking the low estimate, 1500 data paints doesn't even represent two weeks of data (12.5 days).  1500 data points is NOTHING when you're trying to predict consumer behavior."}
{"_id": "119568", "title": "", "text": "I hope they can keep it, but that goes also together with all other freedoms, which all xenophobic UKers don't seem to be ok with. And they should pay some serious cash, which might not seem acceptable at the time of the negotiations."}
{"_id": "119616", "title": "", "text": "Military members are duties in the rural area and they can offer to live the rural area in the off-base houses. They are so expensive. But all the Military Housing Rental charges are not equal. In the rural area, there is a lot of peace and prosperity or financial battles."}
{"_id": "119628", "title": "", "text": "Congrats on saving aggressively when you're young. I'm not a huge fan of tax-advantaged accounts because the rules can change on them, and there's already a penalty for you to take out that money for most purposes until you've almost tripled your age. Free money (a match) overcomes this reservation for me, but I'm not contributing anything beyond that.  I'm paying my taxes on the rest and am done with them. Watching your money grow tax-free for another 37 1/2 years only to see your (and everyone else's) marginal tax rate rise isn't much fun.  I'm not saying that will happen, but it certainly could."}
{"_id": "119629", "title": "", "text": "I will never forget a Best Buy sales person telling me I NEED gold tipped hdmi cables that cost $100+ or I'm not getting the most out of my TV.  Fuck you Best Buy. You will never earn my trust back."}
{"_id": "119637", "title": "", "text": "\"You can place the orders like you suggested.  This would be useful in a market that is moving quickly where you want to be reasonably sure of execution but don't want the full exposure of a market order.  This won't jump your spot in the queue though in the sense that you won't get ahead of other orders that are \"\"ready\"\" for execution just because you have crossed the spread aggressively.\""}
{"_id": "119656", "title": "", "text": "The salary of a coal miner with a couple years of experience is $29/hour.  After a couple years at Arby's a good worker might make shift supervisor at $10/hr.  Thousands of products are made from coal including pharmaceuticals, soap, dyes, solvents, plastics, nylon, and carbon fibers.  Miners would still be needed even if coal wasn't used for energy.  Fast food workers could disappear tomorrow and we'd just be healthier."}
{"_id": "119664", "title": "", "text": "While it is often true that loyalty is not rewarded with a pay increase, jumping jobs too often can prematurely inflate your pay. I have seen people fresh out of school have 3 different jobs in 5 years, each one with a nice pay increase. Then suddenly, the company needs to trim some fat, hey look at this person with average output but slightly higher than average pay who has only been here a year. Looks like the best choice to cut."}
{"_id": "119670", "title": "", "text": "&gt; Back to following me from sub to sub I see....  Sorry - I've been in /r/economy much longer than you and as /u/bashyourscript pointed out, your history if these kind of posts is well established. If you don't want to be called out on woo woo posts, then don't make them."}
{"_id": "119699", "title": "", "text": "In addition to a fee-only advisor, brought up by dg99, you could consider asking your questions on message boards such as Bogleheads.org. I have found the advice amazing, obviously conflict-free, and free."}
{"_id": "119700", "title": "", "text": "If you are going to be buying a house in 1-2 years, I would be putting my money into a short term holding area like a high interest (which isn't that high right now) or a CD (also low interest) because of your near-term need.  I wouldn't use the Roth option for your down payment money. If you invest in something volatile (and stocks/mutual funds are very volatile in a 1-2 year term) I would consider it too risky for your need and time frame."}
{"_id": "119734", "title": "", "text": "Apoorva apparently doesn't like competitive according to my friends text, so I asked him if that means Instacart is being purchased as well. Makes sense, why compete when you can just get acquired or go acquiring other businesses"}
{"_id": "119773", "title": "", "text": "1. People love free and don't hate ads all that much.  2. There are plenty of sites that have a donate or subscribe button in lieu of advertising.  But it only really works where the fan base is passionate."}
{"_id": "119776", "title": "", "text": "The basic fundamental flaw in our reasoning is this:  The Afghan will always see us as an invader and they fucking hate us, through and through. If we can get this through our head we will understand why after we train them and arm them, they still shoot us.  Trying to bring India into Afghanistan, is simply ideologically idiotic, the Taliban will never give into Hindu Idol worshipers no matter what, Muslims count their pedigree from the Arab conquerors who destroyed Hindu temples and Idols, not look at them as benevolent saviors and India's Israeli connection is simply a no go with the neighbors, no matter how much sun shine we blow up India's ass.  Yeah and did I mention the main thing  They fucking Hate us"}
{"_id": "119819", "title": "", "text": "\"You seem to be assuming that ETFs must all work like the more traditional closed-end funds, where the market price per share tends\u2014based on supply and demand\u2014to significantly deviate from the underlying net asset value per share. The assumption is simplistic. What are traditionally referred to as closed-end funds (CEFs), where unit creation and redemption are very tightly controlled, have been around for a long time, and yes, they do often trade at a premium or discount to NAV because the quantity is inflexible. Yet, what is generally meant when the label \"\"ETF\"\" is used (despite CEFs also being both \"\"exchange-traded\"\" and \"\"funds\"\") are those securities which are not just exchange-traded, and funds, but also typically have two specific characteristics: (a) that they are based on some published index, and (b) that a mechanism exists for shares to be created or redeemed by large market participants. These characteristics facilitate efficient pricing through arbitrage. Essentially, when large market participants notice the price of an ETF diverging from the value of the shares held by the fund, new units of the ETF can get created or redeemed in bulk. The divergence quickly narrows as these participants buy or sell ETF units to capture the difference. So, the persistent premium (sometimes dear) or discount (sometimes deep) one can easily witness in the CEF universe tend not to occur with the typical ETF. Much of the time, prices for ETFs will tend to be very close to their net asset value. However, it isn't always the case, so proceed with some caution anyway. Both CEF and ETF providers generally publish information about their funds online. You will want to find out what is the underlying Net Asset Value (NAV) per share, and then you can determine if the market price trades at a premium or a discount to NAV. Assuming little difference in an ETF's price vs. its NAV, the more interesting question to ask about an ETF then becomes whether the NAV itself is a bargain, or not. That means you'll need to be more concerned with what stocks are in the index the fund tracks, and whether those stocks are a bargain, or not, at their current prices. i.e. The ETF is a basket, so look at each thing in the basket. Of course, most people buy ETFs because they don't want to do this kind of analysis and are happy with market average returns. Even so, sector-based ETFs are often used by traders to buy (or sell) entire sectors that may be undervalued (or overvalued).\""}
{"_id": "119853", "title": "", "text": "US currency doesn't expire, it is always legal tender.  I can see some trouble if you tried to spend a $10,000 bill (you'd be foolish to do so, since they are worth considerably more). Maybe some stores raise eyebrows at old-style $100's (many stores don't take $100 bills at all), but you could swap them for new style at a bank if having trouble with a particular store. Old-series currency can be an issue when trying to exchange US bills in other countries, just because it doesn't expire here, doesn't mean you can't run into issues elsewhere. Other countries have different policies, for example, over the last year the UK phased in a new five pound note, and as of last month (5/5/2017) the old fiver is no longer considered legal tender (can still swap out old fivers at the bank for now at least).  Edit: I mistook which currency you took where, and focused on US currency instead of Canadian, but it looks like it's the same story there."}
{"_id": "119857", "title": "", "text": "I cannot imagine an organizer being worth enough to consider depreciating the expense over a period of time greater than one year. Also, once you write in an organizer, it's pretty much worthless to anyone else. Talk to your accountant if you'd like, but I cannot see how you would classify a fancy organizer as a fixed asset."}
{"_id": "119879", "title": "", "text": "I had an internship and they hired me afterwards. Honestly sounded like a good way to break in. I also learned a whole new language for the internship and wanted to continue using it instead of any of the languages taught in school.  Not sure if the company would be considered good or bad. I ended up being solo for a long time but also building three applications ground up. I felt like I was improving a lot, especially on projects they gave me lots of leeway on because they were low priority (they just wanted features, no emergency bug tickets, etc). But no peers for most of my work and all the software was privately made and privately licensed/sold.  I also had difficulties leaving because I'm an idiot. With no backup me leaving basically meant they would be fucked, and they were my only reference. I was fine taking that salary because I had zero experience (no job. Ever. Not even volunteering. My mother wouldn't let me because of snobbiness), however once I was more valuable to this company and they even praised me for it in the assessments -- they gave out 2% raises. Later my bonuses decreased as my hours and responsibilities increased, too.  I asked to be taken off the stressful project, thinking I could salvage this, and they hired a replacement for me to train 3 months later. I got the high leeway project again for 6 months and my job satisfaction was phenomenal by comparison so i stayed. However, then my replacement was fired... So they asked me as a favour to work on the stressful project again and said they would replace me in a month and a half. They didn't. I worked on it for 8 months, I kept asking about it too. Their job posting was also terrible and they roped me in on it  at the end and I gained the responsibility of recruiting and vetting (yay for that one actually...). We hired another replacement for me, I trained them too, and left immediately.  Actually I regret staying there as long as I did. They gaslit me and I shouldn't have tried to make up for their incompetence. They actually made me a contractor at the end so I was getting paid half of what I originally was. Before I left I asked for a competitive raise and the company owner basically lied about details and tried to tell me what a fuss I was trying to talk about my happiness and what I want once a year... It was surreal but they agreed to bump my pay in the end. However, I was furious by their treatment and reply (which BTW came after I 'suddenly did not show up' despite bolding and clearly stating I would cease work with them and informing the people I worked with on the last day that I heard nothing back from the owner about a new/extended contract), so I said no.  I don't know how to negotiate. I am too humble. Selling oneself or seeing someone sell themselves makes me physically uncomfortable. It is completely unnatural, and sets off my bullshit alarms. Actually I seem to have some PTSD from that job, now, too..."}
{"_id": "119883", "title": "", "text": "\"Almost all companies in the US have changed from formal pension programs to 401k plans, and most companies that still have pension programs don't allow new employees to  enroll in the new program; only the previous participants who are vested in the pension plan will get benefits while new employees get enrolled in the 401k plan. If this is the case with  your prospective employer, then demanding that you be allowed to enroll in the pension plan is likely to be futile; in fact, the likely response may well be \"\"Here is our offer. Take it or leave it\"\" or \"\"We are withdrawing  the offer we made\"\" especially if you are in a field where there are plenty of other people who could do the job instead of you. So be sure that you understand what your worth is to the company and how much leverage you have before starting to make counter-offers. With regard to money that you might have vested in your current employer's pension plan, your options are to leave it there until you retire and start getting a pension (generally not advisable in these parlous times when the company might not even exist by then), roll it over into an IRA or into your new employer's 401k plan. This last is the only matter that concerns your prospective employer and where you might need to ask; the new employer's 401k plan might not be structured to accept rollovers. If the money in your current employer's retirement plan is in a pension plan, what is paid out for rolling over might be different (and smaller) than what has been credited to you thus far. For example, my (State Government) pension plan credited 8% interest per annum on the amounts I contributed but this was fake money because had I resigned and withdrawn the pension contributions (for the purpose of rolling over into an IRA or even just taking it as cash), I would have received only my contributions plus only 4.5% interest per annum. The 8% interest credited is available only for the purpose of the purchase of an immediate annuity upon retirement; it is not something that is portable to a new plan, and if I want a lump-sum payout upon retirement instead of a pension in the form of an annuity, it would be the 4.5% rate again...\""}
{"_id": "119906", "title": "", "text": "\"I meant \"\"we\"\" in terms of the US Treasury, which currently owes over 100% of GDP. And that's cooking the debt numbers down using cash accounting and cooking the GDP up by lying about inflation, among other things.  Plenty of people are doing better than ever, particularly those who have their hands in the cheap money thrown around by the Fed.\""}
{"_id": "119931", "title": "", "text": "The only drawback is if you spend more than you can with the new limit and end up having to pay interest if you can't pay the balance in full. Other than that, there are no drawbacks to getting a credit increase.  On the flip side, it's actually good for you. It shows that the banks trust you with more credit, and it also decreases your credit utilization ratio (assuming you spend the same)."}
{"_id": "119940", "title": "", "text": "In addition to what quid said, I think your risk tolerance should depend on how likely you are to need the funds in the near future. Say that you have $100k saved up and you want to decide how to invest it. Then you should ask yourself: The idea here is that if you invest say in stocks (high risk) then the value of your position could drop significantly and you'd potentially have to wait for a long time before it recovers. If you are forced to sell you could make a substantial loss. If you don't urgently need this cash, however, then you can feel relaxed and just wait for the market to reverse again. This is viewing risk through the lens of how likely it is that you'll have to wait a long time to get a substantial amount of your money back, which itself is a function of how likely it is for a substantial downturn to occur in a certain market."}
{"_id": "119945", "title": "", "text": "&gt;Yes, but at the root of it is the consumer. Complaining that these trusted sources are not adhering to principles of journalistic integrity while they are desperately trying to survive, thrive and adapt to a completely shifting paradigm where competition is lowering the bar and the same consumers are unwilling to step up and reward journalistic integrity - this is what happens. Essentially we get what we pay for.   Absolutely, but the difference is that western media now resembles grocery store gossip magazines more than journalism.   &gt; &gt;We can lay blame on the media organizations as much as we care to, but the reality is we\u2019ve reached a point where most people like to be given talking points and sound bites that vindicate their point of view rather than actually try to obtain facts and form their own opinions. The truth is rarely accessibly in the bite-size pieces our society today craves.  That's well and good but they're trading on the credibility of yesteryear and selling us clickbait.   Many people still trust these outlets but more are rejecting them. Social media accelerates agenda and de-emphasizes truth.   &gt; &gt;Trust in the media is at an all time low for no other reason than we allowed it to happen and rewarded the media for going down that path. We\u2019ve created a system that does not reward what we say we want from media, rather rewards the actions that show we want the complete opposite.   We are customers. We didn't allow it to happen so much as companies evolved in that direction.   The government also repealed fairness and anti propaganda legislation so that has contributed as well.   &gt; &gt;If I may inquire, how many people reading this pay any premium for good journalism? I will be the first to sadly admit I do not.  How many people take media outlets with disabled comments and archival seriously?   &gt; &gt;Obviously this means I am also part of the problem despite making an effort to look at news from all sides - I am just a guilty as most to reinforcing the same system that has destroyed journalistic integrity.   You're more moderate than most, at least you're questioning and examining your perspective, your reasons for belief and a willingness to change."}
{"_id": "119952", "title": "", "text": "Are there any documented cases of OneWest foreclosing on people that were current on their mortgage payments?  If not, this seems like much ado about nothing.  If you're a deadbeat and don't pay your mortgage, the lender has every right to take your house."}
{"_id": "119957", "title": "", "text": "Okay, if you pay me money, and then i send it back to you, that's not the same thing as you paying no money and me sending you money. The state is not out any money it wouldnt have if the factory wasnt there. To rephrase, the state has just as much money as if the factory was not there, except they will get additional tax revenue in the future and get more jobs for citizens."}
{"_id": "119968", "title": "", "text": "Alright my dude, I looked over it.  Not sure what the ls&amp;s project proposal is (so, it's hard to sanity check your numbers - you also don't include a growth percentage in those operations, so I assume that is correct or under contract), and I have no idea if the 250k / year is reasonable for library materials on the ls&amp;s, but I would totally expect the internal service charges to vary - would you expect either model to effect them more, why or why not, and provide a model for potentials?  Also, you have some English I would recommend you clean up before sharing. Good luck!"}
{"_id": "119976", "title": "", "text": "\"One alternative strategy you may want to consider is writing covered calls on the stock you have \"\"just sitting there\"\".  This will allow you to earn a return (the premium from the calls) without necessarily having to give up your holding. As a brief overview, \"\"options\"\" are derivatives that give the holder the right (or option) to buy or sell shares at a specified price.  Holders of call options with a strike prike $x on a particular security have the right to purchase that security at the strike price $x.  Conversely, holders of put options with a strike price of $x have the right to sell that security at the strike price $x.  Always on the other side of a call or put option is a person that has sold the option, which is called \"\"writing\"\" the option.  If this person writes a call option, then he will be obligated to sell a certain amount of stock (100 shares per contract) at the strike price if that option is exercised.  A writer of a put option will be obligated to by 100 shares per contract at the strike price if that option is exercised. Covered calls involve writing call contracts on stock that you own.  For example, say you own 100 shares of AAPL, and that AAPL is currently trading for $330.  You decide to write a Jan 21, 2012 call on these shares at a strike price of $340, earning you a premium of say $300. Two things can now happen: if the price of AAPL is not at least $340 on January 21, then the options are \"\"out of the money\"\" and will expire unexercised (why exercise an option to buy at $340 when you can buy at the currently cheaper market price?).  You keep your AAPL stock plus the $300 premium you earn.  If, however, the price of AAPL is greater than $340, the option will be exercised and you will now be required to sell the shares you own at $340.  You will earn a return of $10/share ($340-$330), plus the $300 premium from the call option.  You still make out in the end, but have unfortunately incurred an opportunity cost, as had you not written the call option you would have been able to sell at the market price, which is higher than the $340 strike price. Covered calls are considered relatively safe and conservative, however the strategy is most effective for stocks that are expected to stay within a relatively narrow price range for the duration of the contract.  They do provide one option of earning additional money on stocks you are currently holding, albeit at the risk of giving up some returns if the stock price rises above the strike price.\""}
{"_id": "119981", "title": "", "text": "They're understaffed. There's one lady who works in the office and lives onsite. She's the right lady for the job because she is on top of absolutely everything, but she's way overworked. So the company above her probably justifies it that they're not putting in any extra payroll, just overworking the poor lady."}
{"_id": "119985", "title": "", "text": "\"For starters, if you're not making any money doing something, it's a hobby. It sounds like you want to work for the current owners making THEM money as a hobby. If that floats your boat, go crazy.   Show enough motivation and they may offer to \"\"sell\"\" you the business for $1, or some other surprisingly low dollar figure. This will seem like a gift worth dropping out of school for, but be extremely careful before getting excited.   Odds are when you take over the business, you end up assuming their debts too. Mortgages, rent payments, back payroll, equipment loans/leases, and possibly any back/late payments from before your takeover.    Use your first few weeks as an academic study \"\"for a school project\"\". Get a copy of their books, find out where the consistent money is and see how to grow that. They may be selling games at a loss because their crowd consistently buys enough beer to cover expenses. Or maybe the money from that stupid crane game covers the electric bill for the whole place because Bill has a problem.   Learn, study, and ask more for information as payment than cash. The only way it make real money is to actually take over ownership of the place, so take the long view and build toward that instead of a salaried manager gig or something.\""}
{"_id": "119995", "title": "", "text": "Edit:  I'm going to restate my original point without calling attention to charity being considered squandering because I feel it takes away from what I was trying to say.    I wanted to leave this here though, because I think the statistics that show wealth is squandered by the third generation include people who chose to give their fortune away.   It's also worth noting that for future generations to maintain a fortune, there needs to be an unbroken chain of people who decided *not* to give it away."}
{"_id": "120023", "title": "", "text": "I like when I get told about something last minute, scamper like mad to get it done ASAP, and then get yelled at for holding things up.  I threaten to hold them to our review cycle process which calls for 4-7 business days."}
{"_id": "120028", "title": "", "text": "\"No.  And furthermore, canceling based on insider information is not considered insider trading. SEC Interpretation from October of 2000: (a) Does the act of terminating a plan while aware of material nonpublic information result in liability under Section 10(b) and Rule 10b-5? No. Section 10(b) and Rule 10b-5 apply \"\"in connection with the purchase or sale of any security.\"\" Thus, a purchase or sale of a security must be present for liability to attach. See Blue Chip Stamps v. Manor Drug Stores, 421 U.S. 723 (1975). [link mine] A 10b5-2 is a rule in the SEC's section in federal law that governs trading on \"\"material nonpublic information.\"\" Fried (2002) even concluded that: The SEC's safe harbour permitting insiders to buy or sell shares pursuant to prearranged trading plans while in possession of material nonpublic information and to cancel the plans while aware of material nonpublic information enables insiders to profit from their access to such information.  The SEC could easily eliminate insider's advantages over public shareholders by not allowing insiders to cancel their plans after becoming aware of material nonpublic information.\""}
{"_id": "120035", "title": "", "text": "Semm Co is one of the leading chocolate machine distributors in China. Chocolate melting machine melts the chocolate using either the microwave oven or a double boiler. You will not want this kind of chocolate as it will clog and damage the machine. Measure just the right amount of chocolate and melt it according to package instructions so you will have a smooth consistency each time. A perfectly melted chocolate will have the best liquid curtain without any clumps."}
{"_id": "120036", "title": "", "text": "No you won't. Germany taxes income, not bank accounts. Note that this changes immediately when your bank account makes interest - you will owe taxes on this interest. However, chances are you won't get a bank account. Without residency or income, typically the banks wouldn't give you an account. Feel free to try, though."}
{"_id": "120056", "title": "", "text": "\"Actually, this quote is bogus. It is from a book (Web of Debt by Ellen Brown). Even Brown herself now acknowledges this fact: Chapter 7, #20 at http://webofdebt.wordpress.com/questions-and-answers/response-to-gary-north/response-to-gary-north-2/  From Brown: \"\"A bogus quote from Garfield on the control over money. I was already alerted to that. Garfield is no longer mentioned in my book.\"\"\""}
{"_id": "120059", "title": "", "text": "\"Generally, ETFs work on the basis that there exists a pair of values that can be taken at any moment in time: A Net Asset Value of each share in the fund and a trading market price of each share in the fund.  It may help to picture these in baskets of about 50,000 shares for the creation/redemption process. If the NAV is greater than the market price, then arbitrageurs will buy up shares at the market price and do an \"\"in-kind\"\" transaction that will be worth the NAV value that the arbitrageurs could turn around and sell for an immediate profit. If the market price is greater than the NAV, then the arbitrageurs will buy up the underlying securities that can be exchanged \"\"in-kind\"\" for shares in the fund that can then be sold on the market for an immediate profit. What is the ETF Creation/Redemption Mechanism? would be a source on this though I imagine there are others. Now, in the case of VXX, there is something to be said for how much trading is being done and what impact this can have. From a July 8, 2013 Yahoo Finance article: At big option trade in the iPath S&P 500 VIX Short-Term Futures Note   is looking for another jump in volatility.  More than 250,000 VXX options have already traded, twice its daily   average over the last month. optionMONSTER systems show that a trader   bought 13,298 August 26 calls for the ask price of $0.24 in volume   that was 6 times the strike's previous open interest, clearly   indicating new activity. Now the total returns of the ETF are a combination of changes in share price plus what happens with the distributions which could be held as cash or reinvested to purchase more shares.\""}
{"_id": "120060", "title": "", "text": "Well there is certainly a debate to be had about the effect of unions, free riders, and laws forcing unions to cover nonmembers.   But the question at hand is a legal one. Can the employee be forced to pay dues to a union as a condition of employment?"}
{"_id": "120061", "title": "", "text": "\"First piece of advice: fire your agent.   A pushy agent is a bad agent.  From what you've told us, he's actually given you poor advice regarding mortgage interest rates.  Rates are already at historic lows.  That and the precarious state of the world economy mean that further rate cuts are more likely in the near term. Second piece of advice: While more information on the real estate market you're in would help,  going in at asking price is rarely a good idea.   Sale prices from \"\"the last few years\"\" are not relevant to what you should pay, because the last few years include a financial crisis caused in large part by the bursting of a housing bubble.  They could be even less relevant depending on your location because of a spike in foreclosures in certain areas of the U.S.  There was already a ton of housing inventory before, so an increase due to foreclosures is going to depress prices further.  Now that banks are finally practicing the due diligence they should have been all along, your ability to be pre-approved for large mortgage amount puts you in a strong position.   Use a tool like Zillow or Redfin to see what properties in that area have sold for over the past six months.  You should also be able to see a history of what prices the particular property you're interested in has been offered and/or sold at in the past.  Also check and see how long the particular property you're interested in has been on the market.  If it's been on the market more than 60-90 days, it's priced too high.\""}
{"_id": "120065", "title": "", "text": "This is what they're talking about. (Edit, sorry. Yeah, that's an anti cancer treatment, nasty side effects too)  ALEMTUZUMAB or MabCampath (Sanofi-Aventis) Prescription only medicine.  Anti-lymphocyte monoclonal antibody.  Concentrate for intravenous infusion, alemtuzumab 30 mg/mL, net price 1-mL vial = \u00a3264.11  Indications see notes below  Cautions see notes below\u2014for full details consult product literature  Contra-indications for full details consult product literature  Pregnancy avoid; use effective contraception during and for 6 months after treatment in men or women  Breast-feeding avoid breast-feeding during treatment and for at least 4 weeks after administration  Side-effects see notes below\u2014for full details (including monitoring and management of side-effects) consult product literature  Dose Consult product literature    Rituximab causes lysis of B lymphocytes. It is licensed for the treatment of chemotherapy-resistant or relapsed stage III\u2013IV follicular non-Hodgkin's lymphoma and, in combination with other chemotherapy, for previously untreated stage III\u2013IV follicular lymphoma, and for previously untreated or relapsed chronic lymphocytic leukaemia (see NICE guidance below). Rituximab is also licensed for maintenance therapy in patients with follicular non-Hodgkin's lymphoma that has responded to induction therapy (see NICE guidance below). It is also licensed for use in combination with other chemotherapy for the treatment of diffuse large B-cell non-Hodgkin's lymphoma (see NICE guidance below). Full resuscitation facilities should be at hand and as with other cytotoxics, treatment should be undertaken under the close supervision of a specialist. See section 10.1.3 for the role of rituximab in rheumatoid arthritis.  Rituximab should be used with caution in patients receiving cardiotoxic chemotherapy or with a history of cardiovascular disease because exacerbation of angina, arrhythmia, and heart failure have been reported. Transient hypotension occurs frequently during infusion and antihypertensives may need to be withheld for 12 hours before infusion. Progressive multifocal leucoencephalopathy (which is usually fatal or causes severe disability) has been reported in association with rituximab; patients should be monitored for cognitive, neurological, or psychiatric signs and symptoms. If progressive multifocal leucoencephalopathy is suspected, suspend treatment until it has been excluded.  Infusion-related side-effects (including cytokine release syndrome) are reported commonly with anti-lymphocyte monoclonal antibodies and occur predominantly during the first infusion; they include fever and chills, nausea and vomiting, allergic reactions (such as rash, pruritus, angioedema, bronchospasm and dyspnoea), flushing and tumour pain. Patients should be given paracetamol and an antihistamine before each dose of anti-lymphocyte monoclonal antibodies to reduce these effects. Premedication with a corticosteroid should also be considered. The infusion may have to be stopped temporarily and the infusion-related effects treated\u2014consult product literature for appropriate management. Evidence of pulmonary infiltration and features of tumour lysis syndrome should be sought if infusion-related effects occur.  Fatalities following severe cytokine release syndrome (characterised by severe dyspnoea) and associated with features of tumour lysis syndrome have occurred after infusions of anti-lymphocyte monoclonal antibodies. Patients with a high tumour burden as well as those with pulmonary insufficiency or infiltration are at increased risk and should be monitored very closely (and a slower rate of infusion considered)."}
{"_id": "120077", "title": "", "text": "facebook game craze wanes? this had everything to do with the california online poker bill that zynga had been betting on so hard.  weird how it fell off a cliff starting monday and news on the bill came through mid day today....  ah yes, it must have just been the analyst downgrade though, nothing to see here"}
{"_id": "120080", "title": "", "text": "As mhoran_psprep and others have already said, it sounds like the sale is concluded and your son has no obligation to return the car or pay a dime more. The only case in which your son should consider returning the car is if it works in his favor--for example, if he is able to secure a similar bargain on a different car and the current dealer buys the current car back from your son at a loss. If the dealer wants to buy the car back, your son should first get them to agree to cover any fees already incurred by your son. After that, he should negotiate that the dealer split the remaining difference with him. Suppose the dealership gave a $3000 discount, and your son paid $1000 in title transfer, registration, and any other fees such as a cashier's check or tax, if applicable. The remaining difference is $2000. Your son should get half that.  In this scenario, the dealer only loses half as much money, and your son gains $1000 for his trouble."}
{"_id": "120082", "title": "", "text": "ML is a brokerage firm. Tell them to sell. If you can't or don't know how to do it on-line - call them and do it over the phone. Your citizenship might come in effect when tax are withheld, you need to fill form W8-BEN if you haven't done so yet. If US taxes are withheld, you can file 1040NR to request refund, or get it credited against your local tax liabilities."}
{"_id": "120090", "title": "", "text": "Short answer: yes, you can put up collateral for someone else's loan. The bank will be happy to take your money, give it to the other person, and return it to you on completion of the loan (keeping the interest the security makes on the money market and the interest they're charging the other person for themselves). If the above doesn't sound very appealing (you don't see any benefit from your investment, and can be left holding the bag if your friend defaults on their loan), it really isn't a great way to spend your money. However, as assistance to someone else, it provides several advantages over directly transferring the money:"}
{"_id": "120091", "title": "", "text": "\"Yeah not anymore. Also I urge anybody who has been in their career for a while to try out an inflation calculator on the internet. It can be a bit eye opening.  I remember around 2002 when I was getting close to the end of school and talking to people ahead in my career. The figure \"\"80k\"\" was mentioned a lot for people who worked hard and stuck it out etc...  I was excited about that. It sounded magical and unatainable. I thought it would be cool to achieve that by my 30s.   80k is now like 112 (buying power conversion).     edit : BTW in my industry/career the 75-90 range is still talked about like the 80 was back then.  Though a lot of senior pros are easily 6 figures.\""}
{"_id": "120094", "title": "", "text": "If you are looking for some novel food then it would mean that you are someone who loves to eat. So, if you want to experiment with your love for food then all you must do is check out what kind of options are available in this field."}
{"_id": "120108", "title": "", "text": "\"Ikke Kj\u00f8p en tech enhet bare som en ny versjon kommer ut, David Pogue sier.  Som ikke \u00f8nsker \u00e5 spare [penger](https://www.bostonglobe.com/business/2014/07/30/money-saving-tips-plentiful-small-changes-add/zilpKLd85FzLTFEM2v1N0J/story.html)? Du har sikkert h\u00f8rt grunnleggende [pengebesparende r\u00e5d](http://dymanassociatesinsurance.com/), slike som aldri kj\u00f8pe dyre produkter p\u00e5 impuls. Vent en dag eller to og mull det over.  S\u00e5 er det gamle standby spissen: sette til side sm\u00e5penger fra lommeboken eller lomme hver dag. Ved hastighet p\u00e5 50 cent en dag, ville du ha en liten n\u00f8dsituasjon fond p\u00e5 $182.50 i \u00e5ret. Men gj\u00f8r liten changes kan legge opp, for  AARPS femte \u00e5rlige '' 99 flotte m\u00e5ter \u00e5 lagre,'' publisert denne m\u00e5neden i AARP Bulletin, gir noen interessante tips fra eksperter p\u00e5 oppussing, [finans](https://www.facebook.com/dymanassociatesinsurance), mat og mer.  For \u00e5 se alle 99 m\u00e5ter \u00e5 lagre, g\u00e5 til aarp.org og s\u00f8k etter \"\"99 flotte m\u00e5ter \u00e5 spare.\"\"  Selv om du har h\u00f8rt dem f\u00f8r, det er godt \u00e5 bli minnet hvor lite innsats noen lagring tips ta.  Oppussing ekspert **Bob Vila**\u2019s inkludere:  -Trekk ut det! '' Vampyr '' elektronikk bruker str\u00f8m selv n\u00e5r avsl\u00e5tt. Et typisk hushold kan spare $100 i \u00e5ret med smart grenuttak, som kuttet elektrisitet til enheter i standby-modus.  -Installere en lav-flow showerhead. Du merke ikke engang forskjellen, Vila sier, fordi en lav-flow fixture reduserer volumet av vann, men p\u00e5virker ikke vanntrykket.  Yahoo Tech grunnleggeren **David Pogue** tilbyr disse tipsene:  -L\u00e6re n\u00e5r nye miniprogrammer kommer ut, slik at du ikke kj\u00f8per noe like f\u00f8r det er gjort foreldet. Generelt, en ny iPhone modell debuterer September, og en ny iPad hvert November. Nye kameraene kommer i februar og oktober, og alt annet er tidsbestemt til jul.  -Vurdere en forh\u00e5ndsbetalt mobiltelefon. Du betale f\u00f8r du gj\u00f8r samtaler, i stedet for etter at du har gjort dem.  -Snakk med langt unna familie bruker et program som Skype, som er tilgjengelig for smartphones, tabletter, og datamaskiner eller FaceTime, for Apple telefoner, tabletter og datamaskiner. Du chatte gratis over Internett.  **Jean Chatzky**, AARP finansielle ambassad\u00f8r sier:  -Shoppe rundt for forsikring. Auto forsikringsselskaper har en taktikk kalt '' pris optimalisering.'' De heve bonuser basert ikke p\u00e5 din risikofaktor, men p\u00e5 hvor mye av en \u00f8kning de tror du vil akseptere. N\u00e5r det er p\u00e5 tide \u00e5 fornye, be gjeldende selskapet \u00e5 gj\u00f8re det bedre.  -Du kan f\u00e5 kreditt score gratis p\u00e5 creditkarma.com og credit.com.  -I hvilken alder b\u00f8r du begynne \u00e5 samle trygd? Det magiske tallet er 80. Hvis du er singel og du tror du vil leve forbi, vente til alder av 70 \u00e5 begynne \u00e5 samle, \u00e5 f\u00e5 maksimalt utbytte. For par, s\u00e5 lenge du tror dere lever forbi 80, den h\u00f8yere earner skal den vente s\u00e5 lenge som mulig.  Tips fra **Holly Phillips**, indremedisiner og medisinsk bidragsyter for CBS News:  -Bytt til generiske legemidler. Prisen er vanligvis nederst, samt copay.  -Ikke r\u00f8yk. Sigarett r\u00f8ykerne betale mer for forsikring og krever mer medisiner og leger bes\u00f8k. Sigarettr\u00f8yking koster USA til $333 milliarder \u00e5rlig, inkludert minst $130 milliarder i helsevesenet koster.  -Sp\u00f8r om uavhengige anlegg for radiologiske tester. \u00c5 ha en MRI p\u00e5 et sykehus koster $1200, men den samme fremgangsm\u00e5ten til uavhengige anlegg kostnader omtrent halvparten som.  -Dra nytte av velv\u00e6re og fordelene. Mange arbeidsgivere tilbyr insentiver for deltakelse i trening og andre helse-programmer. Forsikringsselskapene kan tilby en betaling til de med gym medlemsskap.  -Ta medisiner regelmessig. Mange kostbare sykehusbes\u00f8k er for forhold (som astma eller h\u00f8yt blodtrykk) drevet med medisiner til de forverret n\u00e5r pasientene hoppet doser.  Tips fra **Samantha Brown**, AARPS reise ambassad\u00f8r:  -For billigere flyreiser, se til tidligste og seneste flyreiser av dagen.  -For helgen reise, opphold i [et forretningshotell](http://dymanassocins.livejournal.com/). Veien krigere er borte, og s\u00e5 er de h\u00f8ye prisene. Disse hotellene vil v\u00e6re i forretningsdistriktet, som ikke alltid den mest pulserende delen av byen. Men det er en liten avveining hvis du gett en god avtale.  -Unng\u00e5 konvensjoner. Byer som Washington, Las Vegas og Orlando har beste hotellpriser n\u00e5r konvensjoner ikke i byen. Sjekk ut byens offisielle turisme nettsted under konvensjonen kalender til \u00e5 oppdage den beste tiden for et bes\u00f8k.  -Hode ski skianlegg i sommer og strand steder i slutten av August eller begynnelsen av September.  -Hvis hotellpriser skyh\u00f8ye, er det ofte billigere alternativer. Vurdere \u00e5 finne et rom p\u00e5 nettsteder som homeaway.com og airbnb.com; du betaler mindre og f\u00f8ler en lokal.\""}
{"_id": "120119", "title": "", "text": "\"You mean \"\"offshoring\"\" I heard this in the Presidential debate also, Every source I could find said that companies would get about 3/4 of the expense of offshoring written off. Meaning If it would cost me 100 dollars to move a factory to China after I payed taxes It would only cost me 25 dollars.  I was not 100 percent on the credibly of these sources so I would recommend doing your own research.\""}
{"_id": "120124", "title": "", "text": "\"Wait...what? Do you live in backwards land? They've let free market reign in healthcare that is why prices are through the roof. The healthcare industry is immune to antitrust, and negotiating with government programs. There is no such thing as \"\"preventing single payer programs......it only works if there is a SINGLE overriding singlepayer program (yes they wont pass it), anything else doesnt over come the problems of a fractured buying pool.  Things they legislate is \"\"No negotiating policy\"\" ....and no.\""}
{"_id": "120133", "title": "", "text": "I quite like the Canadian Couch Potato which provides useful information targeted at investors in Canada. They specifically provide some model portfolios. Canadian Couch Potato generally suggests investing in indexed ETFs or mutual funds made up of four components. One ETF or mutual fund tracking Canadian bonds, another tracking Canadian stocks, a third tracking US stocks, and a fourth tracking international stocks. I personally add a REIT ETF (BMO Equal Weight REITs Index ETF, ZRE), but that may complicate things too much for your liking. Canadian Couch Potato specifically recommends the Tangerine Streetwise Portfolio if you are looking for something particularly easy, though the Management Expense Ratio is rather high for my liking. Anyway, the website provides specific suggestions, whether you are looking for a single mutual fund, multiple mutual funds, or prefer ETFs. From personal experience, Tangerine's offerings are very, very simple and far cheaper than the 2.5% you are quoting. I currently use TD's e-series funds and spend only a few minutes a year rebalancing. There are a number of good ETFs available if you want to lower your overhead further, though Canadians don't get quite the deals available in the U.S. Still, you shouldn't be paying anything remotely close to 2.5%. Also, beware of tax implications; the website has several articles that cover these in detail."}
{"_id": "120156", "title": "", "text": "IMHO you are in no position to buy a home.  If it was me, I'd payoff the student loans, pay off the car, get those credit card balances to zero (and keep them there), and save up at least 10K (as an emergency fund) before even considering buying a home.   Right now you have no wiggle room.  A relatively minor issue with a purchased home can send you right back into trouble financially.  You may be eager to buy, but your finances say different.   Take some time to get your finances on track then think about buying. You can make a really good long term financial decision with no risk:  pay off those credit cards and keep them paid off.  That is a much smarter decision then buying a home at this point in your life."}
{"_id": "120167", "title": "", "text": "The US is giving up on Russia and forfeiting the place to China.  Obama's trying to make it sound like no big deal.  Good businessmen won't let politics get in the way.  Various European nations, like Switzerland and the Czech Republic are not going along with the herd and others will predictably drop out."}
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{"_id": "120207", "title": "", "text": "\"&gt; First off, that isn't today's version of socialism or anything like it. Today's version of socialism is democratic socialism as seen in Scandinavia to great affect.  The idea that people have to give up the fruits of their labor to serve the \"\"greater good\"\"? Just because people vote for it to happen doesn't mean it's not socialism. I can't say I'm a huge fan of the idea that I'll have more of my money taken based on voting patterns of the general public.   The reason Scandinavia is doing so well is because of the free market systems they had before they went socialist (didn't work so hot for Venezuela), as well as their culture. There's a reason Denmark made a point to tell Bernie that they're not socialist. It's not sustainable. I'll use a source that is biased the other direction, since you seem to have a pretty hard reaction against anything right leaning.  http://www.huffingtonpost.ca/michel-kellygagnon/denmark-not-socialist_b_9011652.html  &gt; Secondly, you may not read 4chan or fox but that phrase is being repeated ad nauseam on both sites as a way to push the narrative away from the racist hate that happened. Which means you're doing exactly what they want and becoming their parrot.  Again, just because bad people say something, doesn't make it incorrect.  Just as an aside, are you aware of the banning that happens in order to stifle dissent in the main subreddits? I'm not talking about the racist shitposters (and I'm definitely not denying that they exist, they do and should be downvoted accordingly), but there have been many instances of people being banned, which causes moderate conservatives (for what it's worth, I'm not a conservative) to avoid those subreddits in general. This has a snowball effect that keeps diversity of thought from existing in those places and makes it seem like everyone is on board with certain ideas. Then, when the larger society behaves differently, people are blindsided and scrambling for answers (usually the culprit will be decided as a mix of \"\"southerners\"\", \"\"morons/uneducated\"\", and \"\"bigots\"\"). I've experienced that more than once when I used to push for democratic socialism.\""}
{"_id": "120259", "title": "", "text": "Anyone here who is upset by this or disagrees with Marc's comments please name a country that's majority black and half as prosperous. A country that doesn't have extreme poverty or violence. It's rude to say these things out loud, I know, but it's stupid and hypocritical to not at least accept facts in your mind. ps - I'm not white.    here is the father of genetics. http://www.independent.co.uk/news/science/fury-at-dna-pioneers-theory-africans-are-less-intelligent-than-westerners-394898.html"}
{"_id": "120266", "title": "", "text": "You shouldn't. The Dow has gained 7% annually on average since October 1915(inflation-adjusted). It has also lost 73% of its inflation-adjusted value from 1966 to 1982 meaning that it would have lost you 4.5% annually for 16 years. Furthermore, past performance is not indicative of future results. If stock markets keep performing like they have for the past 100 years, you can expect there will be a point within the next 60-or-so years your stocks will be higher in value than they were when you bought them. With funds you are paying the people managing them which means you are guaranteed to have pyramiding losses that your gains will have to offset. In your case, you are betting with no fundamental knowledge that S&P will be higher than now whenever you need the money which is not even supported by the above assumption. Dollar averaging just means you will be placing many bets which will reduce your expected losses(and your expected gains) when compared to just buying $100K worth of S&P right now. Whatever you invest in, and whatever your time-frame, don't gamble. If you can't say this company(ies) will be $X more valuable than now in X months with probability > Y, then you shouldn't be investing in it. Nobody ever made money by losing money. There are also safer investments than the stock market, like treasury bonds, even if the returns are lousy."}
{"_id": "120269", "title": "", "text": "As a programmer*, I expect the ATM and counter receipts to have an error and look hard for it.  If I don't find the error I usually cram it in my pocket which is the same as throwing it away. I should keep them, but I also look at my online balances for almost all of my accounts several times a week so I (perhaps foolishly) don't worry about paper receipts too much. *Maybe I should be a tester."}
{"_id": "120271", "title": "", "text": "You cannot trade in pre-IPO shares of companies like Facebook without being an accredited investor. If a website or company doesn't mention that requirement, they are a scam. A legitimate market for private shares is SecondMarket."}
{"_id": "120279", "title": "", "text": "\"He sounds like a very bad salesman and I should know, because I was a sales manager at a bike shop which sold bikes from $200 to $10k. Now I had a clear goal, which is to sell as many bikes at the highest price possible, but I didn't do that by making customers uncomfortable. Each customer received different treatment depending on what they were looking for.  For example, the $200 beach cruiser buyer was going to be told \"\"You look great on that bike... can I ring you up?\"\", whereas the racer interested in saving grams will receive a detailed discussion about his bike options.  The $200 bike customer won't have very sophisticated questions (although I could give a lecture on cruisers), so giving out too much info complicates a likely quick impulse buy.  On the other hand, we are building a relationship with the racer which will include detailed fitting sessions and time-consuming mechanical service.  While I also want to close a high priced sale, it will take several visits to prove both I have the right bike and this is the best shop. But no matter what you were buying, I was always pleasant and unhurried, and my customers left happy.   Specifically with this situation of high pressure tactics, the problem is the competition with internet sales.  Often customers will have only 2 criteria, the model and the price, and if a shop does not meet both, the customer walks right out.   Possibly this sales guy is a bit cynical with his tactics, but the reality is that if you have no relationship with that shop, you fall into the category of internet buyer.  One thing the sales guy could have done was not tell you we wasn't going to honor this price if you came back.  Occasionally there would be an internet buyer, and I showed no unpleasantness even though internet sellers could crush our brick and mortar shop.  I would mention a competitive price and if he bought it, great, and if not, that's just business.   As for the buyer, I would treat these tactics with a certain detachment.  I would personally chuckle at his treatment and ask if I could kick the tires, an user car saying.   I suppose the bottom line is if you are ready to buy this specific model, and if the price is right (and the shop is ethical so you won't get ripped off with garbage), then you have to be ready to buy on the spot. I will point out one horrible experience I had at a car dealership.  I came in 15 minutes before closing and a sales person gave me a price almost a third cheaper than list.  I wasn't ready to buy on my first visit ever to a dealership and of course, buying a car has all kinds of hidden fees.  I asked will this be the price tomorrow, and he said absolutely not.  I told him, \"\"so if I come in tomorrow morning, your dealer clock has only gone 15 minutes\"\" but that logic did not register with him.   Maybe he thought I was going to spend 15k on the spot and pressure tactics would work on me.  I never came back, but I did go another dealership and bought a car after a reasonable negotiation.\""}
{"_id": "120283", "title": "", "text": "I think a simplified version of what you are asking is how much benefit you will receive from lower mortgage payments on your future $400k (roughly) home loan by having a higher credit score than now, and whether taking a car loan now will increase that benefit more than the value of the car loan. Since you already know the cost to you of the car loan, the other two thing you need to know in order to answer that question are: 1- the amount of increase a car loan gives your credit score, and 2- how much lower your mortgage interest rate will be with a higher credit score. Answering #1 seems like fuzzy credit magic to me that someone else may be able to answer, but #2 should be easy to determine by talking to a mortgage broker to see what rate you can get with your current credit score, and finding out how much higher it needs to be in order to get a better rate. Then you can take the difference in mortgage payments between the two rates and compare that to your car loan value."}
{"_id": "120288", "title": "", "text": "Technical Analysis assumes that the only relevant number(s) regarding a security is (are) price (and price momentum, price patterns, price harmonics, price trends, price aberrations, etc.). Technical is all based on price. Technical is not based on any of the fundamentals.  Technical Analysis is for traders (speculators) not for long term investors. A long term investor is more concerned with the dividend payment history and such similar data as he makes his money from the dividend payments not from the changes in price (because he buys and holds, not buy low sell high)."}
{"_id": "120297", "title": "", "text": "How do you find good quality dividend stocks? That is an easy one. Past performance has always been my key to this answer. also remember why you are investing in the first place. Do you want cash flow, security or capital growth. Also let's not forget... how much time do you want to devote to this venture. There is going to be a balance in your investing and your returns. More time in... the higher returns you get.  As for finding good dividend stocks, look to the Dividend Aristocrats or the Dividend Contenders. These companies have consistently increased their payouts to their investors for years. There is a trading strategy that could escalate your returns. Dividend Capturing, simply put... You buy the stock before the ex-date and sell after date of record. Thus collecting a dividend and moving on to the next one. Warning: though this is a profitable strategy, it only works with certain stocks so do your research or find a good source."}
{"_id": "120306", "title": "", "text": "\"&gt;Correct me if I'm wrong,   You're wrong.  &gt;but weren't taxes much higher from the 50's through the 70's?  Only on the high end of the scale (the TOP tax rate was higher).   But for lower and middle income people, taxes were tremendously LOWER in those decades, and became significantly higher, to wit:  * [FICA increased from the original 1% in circa 1937-49, to over 15% in 1990](http://www.ssa.gov/oact/progdata/taxRates.html) -- and that is taken right out your GROSS paycheck, no deductions, etc.  * Things like State Sales Taxes (which are known to be heavily regressive) were either non-existent or minimal (at say 1% and often more of a \"\"luxury\"\" tax) prior to the 1960's; and they have been steadily increasing since then.  * Many other taxes (property, excise, tobacco &amp; other \"\"sin\"\" taxes, etc) have increased (some many-fold) -- and virtually ALL of them are regressive in nature (being made more regressive with every increase).  But probably the most egregious thing... is that the public has been successfully indoctrinated into believing the EXACT opposite of what really happened (and *both* political parties are to blame).\""}
{"_id": "120312", "title": "", "text": "Like for example I use transferwise to send $x to my dad's account in India, would it show my name as the depositor ? That would depend from bank to bank, it may or may not show your name. Would it be considered as income for my dad ? Assuming your parents are Indian Residents for tax purposes. No. It would be considered as Gift. Gifts between father and son are tax free in India and there is no limit. Any special care/precaution to take before using such services ? Not really. Just to be safe, keep a copy of the transfer instruction / details of debit to you account etc, so that if there is enquiry you have all the data handy. Edit: Clarifying the comment, if you are Resident Alien in US for tax purposes, you would be liable to Gift Tax [Not your parents as they are Indian Residents and would follow Indian tax rules]. As per IRS the liability of Gift tax is on Donor subject to limit of $14000 per year per Donee. So you and your wife can gift your father and mother $14000 each. i.e. $56000 each year. Anything more will be taxable or can be reduced from the overall estate limit."}
{"_id": "120321", "title": "", "text": "There are a lot of outside considerations for why the grocery would be failing.  What's her location relative to housing? Big chain stores? Small business competition?  Location can make or break a brick and mortar business.  (Do you mind pming a link to the site? There could be ways of increasing online sales.)"}
{"_id": "120358", "title": "", "text": "If you have your long positions established and are investing responsibly (assuming you know the risks and can accept them), the next step IMO is typically learning hedging - using options or option strategies to solidify positions. Collars (zero cost) and put options are a good place to start your education and they can be put to use to both speculate (what you are effectively doing with short-position trading) or long-term oriented edging. Day trading equites can be lucrative but it is a difficult game to play - learning options (while more complex on speculation) can provide opportunities to solidify positions. Options trading is difficult grounds. I just think the payoff long term to knowing options is much greater than day-trading tactics (because of versatility)"}
{"_id": "120384", "title": "", "text": "I've read a study about this. If you have twice the generation capacity in renewables (wind/solar) and can store 20% of your yearly consumption, then you are fine.  So let's calculate this for the average americal household (4500kWh/year):  * You need to be able to generate 9000kWh/year, this requires a 6kW solar installation (Arizona), estimated at $ 15'000. * You need to de able to store 1000kWh, this requires 70 Tesla powerwalls for $6000 each, grand total of $ 420'000.  So even here, storage will kill you financially.  References:  * Study: http://euanmearns.com/the-quest-for-100-renewables-can-curtailment-replace-storage/ * Average US household consumption: http://www.nationmaster.com/country-info/stats/Energy/Electricity/Consumption-by-households-per-capita#2005 * Arizona solar example: https://solarpowerrocks.com/buying-solar/how-to-calculate-the-amount-of-kilowatt-hours-kwh-your-solar-panel-system-will-produce/"}
{"_id": "120394", "title": "", "text": "\"Some 401k plans allow you to make \"\"supplemental post-tax contributions\"\". basically, once you hit the pre-tax contribution limit (17.5k$ in 2014), you are then allowed to contribute funds on a post-tax basis. Because of this timing, they are sometimes called \"\"spillover\"\" contributions. Usually, this option is advertised as a way of continuing to get company match even if you accidentally hit the pre-tax limit.  But if you actually pay attention to your finances, it is instead a handy way to put away additional tax-advantaged money.  That said, you would only want to use this option if you already maxed out your pre-tax and Roth options since you don't get the traditional tax break on contributions or the Roth tax break on the earnings. However, when you leave the company, you can transfer the post-tax money directly into a Roth IRA when you transfer the pre-tax money, match, and earnings into a traditional IRA.\""}
{"_id": "120395", "title": "", "text": "A company is basically divided into shit the company owns (assets) and shit the company owes to people (liabilities). So what about ownership? Ownership is called equity and on a simplistic level equity = asset - liabilities. But a better view of that should be asset = liabilities + equity. Which means a company's assets  is separated into things owned by debtors (e.g. Banks) and things owned by owners(founders and you). So when you are offered one percent, you are basically owning one percent of the company.   Not the best explanation, but should be a simplified one.   Here's where the options come in. When you are offered options. That means you have the option of redeeming the shares at a lower price than market. However these options are not usually immediately redeemable, there's usually a minimum amount of time you have to work at a company to be able to use these options. This period is called the vesting period."}
{"_id": "120404", "title": "", "text": "To be fair the scarcity isn't artificial, the demand far outweighs the supply of tickets available when you're talking about big artists. They just sell at a lower rate than the demand would otherwise command so lower income fans of an artist still have a chance to see them.   Still think it's bullshit."}
{"_id": "120410", "title": "", "text": "If it is more convenient for you - sure, go ahead and create another account. Generally, when you give someone a check - the money is no longer yours. So according to the constructive receipt doctrine, you've paid, whether the check was cashed or not. The QB is reflecting the correct matter of things. It doesn't matter that you're cash-based, the money still laying on your account because you gave someone a check that hasn't been cashed - is not your money and shouldn't be reflected in your books as such."}
{"_id": "120416", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-09-01/america-s-superstar-companies-are-a-drag-on-growth) reduced by 91%. (I'm a bot) ***** &gt; Anyway, as a result of this increased market power, the big superstar companies have been raising their prices and cutting their wages.  &gt; In the past few years, researchers have found that industrial concentration - measured by the market share of the four biggest companies in an industry - has indeed been increasing in most parts of the U.S. economy.  &gt; Basic theory suggests that when top companies get more market power, they invest less in their businesses as they restrict output and raise prices.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xtfdw/americas_superstar_companies_are_a_drag_on_growth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~203487 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **more**^#2 **paper**^#3 **market**^#4 **increased**^#5\""}
{"_id": "120434", "title": "", "text": "I think the first step is to contact Carnival Investor Relations. They can give you information about what attempts they have made to pay dividends since the address has changed. There may be some hoops that you have to jump through to get the funds, but the simple answer is to call them and find out."}
{"_id": "120438", "title": "", "text": "One possibility to consider would be making an arrangement with a registered UK charity where you would donate the necessary amount for the specific purpose of covering medical costs of that particular person. Charitable donations are expressly deductible from business profits.     Some charities may be genuinely interested in helping people from developing countries get quality medical help that's not available in those countries. There may be some organizations in the proposed beneficiary's country that have contacts among the UK charities. PS. I am not a lawyer or an accountant, nor do I claim to be either. The above is not a legal or accounting advice. Consider seeking professional assistance."}
{"_id": "120441", "title": "", "text": "Under no circumstances can a contract between A and B be binding on C unless C (guest) is also party to the contract. Nor would a contract be upheld if it required B to exercise control they cannot reasonably be expected to have over C.  Cue lawsuit from angry brides."}
{"_id": "120447", "title": "", "text": "There is indeed a market for single stock futures, and they have been trading on the OneChicago exchange since 2002. Futures are available in 12,509 individual stocks, according to the exchange's current product listing. One advantage they offer over trading the underlying stock is the significantly higher leverage that is available, combined with the lack of pattern day trader rules that apply to stocks and similar securities. Single stock futures have proven to be something of a regulatory challenge as it has been unclear whether their oversight is the remit of the SEC/FINRA or the CFTC/NFA."}
{"_id": "120452", "title": "", "text": "&gt; I'm a pleb and had healthcare before the Obamacare disaster.  I'll bet that your company realized they could provide insurance cheaper if their employees used the exchanges.  So they dropped their business plan and paid you additional money to buy your own through the ACA.  You refused, pocketed the extra money, and now claim the ACA took your insurance."}
{"_id": "120455", "title": "", "text": "\"I'm not the same guy who you were replying to. I don't know why you're being so defensive. I just recognized you from the other thread, saw this, and thought I'd ask as that wouldn't be my expectation. I don't work in wealth management, so I was hoping to learn something new. I know people in WM with nothing near a physics degree, which is why I question the \"\"B could not have occurred\"\" statement.\""}
{"_id": "120457", "title": "", "text": "\"Your bank will undoubtedly charge you a fee for the \"\"chargeback\"\" and so while you will get your money back faster, you will likely end up with less than you would if you were not so impatient and just waited a few days for the refund to show up. I suppose it depends on whether you consider this a downside or not.\""}
{"_id": "120459", "title": "", "text": "I agree with all of the answers, but knowing the amount of money saved will give new ideas to use this money to help develope new concepts that will help humanity."}
{"_id": "120466", "title": "", "text": "I owned a restaurant for over 5 years. Sales tax was only collected on POST discount price, though every state that collects sales tax may have different laws regarding collection. For example, when a customer used a gift certificate, that did NOT reduce the amount that tax was collected on. Why? Because the restaurant at some point or another collected the full amount of the bill."}
{"_id": "120490", "title": "", "text": "Interesting piece about Philippine, but there's still work to be done, especially from the state. As the [FT pointed out last week](http://blogs.ft.com/beyond-brics/2012/10/24/the-philippines-ready-for-business/#axzz2Aczv0yBy), one need 36 days to start a business and 16 different steps. That's 32 more days than in Indonesia and 13 more steps than in Malaysia. Considering the lack of resources, such a brake on entrepreneurship isn't really what Philippine needs."}
{"_id": "120497", "title": "", "text": "\"He's simply stating his profession. It's like an article saying \"\"Investment banker Bob Snyder allegedly scammed millions!\"\" (fake name)  Yeah, Mr. Snyder *probably* wouldn't go by, \"\"Investment Banker Bob Snyder\"\". It just helps for the readers who have not heard of Mr. Snyder/Skrillex.\""}
{"_id": "120500", "title": "", "text": "\"Old question, but in the comments of the accepted answer, I believe Nate Eldredge is correct and littleadv is incorrect. Nate copied the actual quote from the IRS guidelines, quoted below: An expense is ordinary if it is common and accepted in your trade, business, or profession. An expense is necessary if it is appropriate and helpful to your business. An expense doesn't have to be required to be considered necessary. Noise cancelling headphones certainly count as \"\"appropriate and helpful to your business\"\" in the software industry, especially with the trend of open office layouts. And because of the ubiquitous distractions inherent in the aforementioned office space, noise cancelling headphones are becoming quite \"\"common and accepted\"\" for use by developers.  I'd be more hesitant about the keyboard and monitor, as presumably the employer is providing those already. As using your own could be said to just be a personal preference over those provided, the argument that providing your own version is \"\"appropriate and helpful\"\" is a little more shaky.  I am not a tax lawyer, so don't come after me if you get audited, but my guess from reading the actual IRS guidelines is noise cancelling headphones: probably, keyboard and monitor: maybe.\""}
{"_id": "120521", "title": "", "text": "I am guessing that you don't understand that even a 100% tax bracket doesn't actually equal you paying 100% of your profits in taxes. This is why the use, while having a 35%messaging corporate tax rate, only sees less than 20% in an average effective corporate tax rate... In the same vein, if a company paid taxes on what profits were created within a countries borders, that would be a fairly accurate method of calculating every country's fair percent of revenue from that company and the amount of infrastructure that were utilized by that company within that country's borders.  And it still wouldn't add up to anywhere near 100% of that company's net profits..."}
{"_id": "120523", "title": "", "text": "I have fairly simple tax returns and my experience was that TurboTax software produced roughly the same result as human accountant and costs much less. The accountant was never able to find any deductions that the program couldn't find.  Of course, if you have business, etc. you probably need an accountant to help you navigate all the rules, requirements, etc. But for simple enough cases I found that the additional pay is not justified."}
{"_id": "120544", "title": "", "text": "\"There are only two things you can directly do with the money in an Amazon gift card: you can keep the gift card, or you can put the money into your Amazon account.  There aren't any other options.  You can't deposit the value into a bank account or anything like that.  So, as far as safety, those are the only options you need to consider, because there's nothing else you can do. (Okay, there is one other thing you can do: you could sell the card to someone else, or barter it for something you want.  But you can do that with anything.) The \"\"gift card\"\" is basicaly just a string of numbers and letters that you put into your Amazon account and it credits you with the appropriate amount of money.  So yes, it can be stolen.  If you haven't redeemed it yet, someone could find the code by hacking your email or looking over your shoulder or whatever.  If they redeem it, you won't be able to do so. As for your edit: If I don't transfer the balance of the Amazon egift card to my Amazon account, can I transfer the balance to other accounts or use the card to buy other gift cards? If you don't transfer it to your account, you can transfer the balance to another account by giving the code to someone else and letting them deposit it in their account.  You still won't be able to buy other gift cards with it, because you can't buy anything with it until it's deposited in an Amazon account, and once it's deposited in an Amazon account, you can't buy gift cards with it because of their policy. If you don't want the restrictions imposed by Amazon, don't buy Amazon gift cards; instead, just use your actual money to buy things.  If you're worried about the cards being stolen, just deposit them into your account right away and you eliminate the risk of them being stolen.  If, as you say, you bought the cards for yourself, there's no reason not to do this; presumably you bought them so you could buy things on Amazon, and you'll have to deposit them into your account eventually anyway to do that, so just put them in right away. I don't know specifically how Walmart cards work, but I assume they're the same.  In general, anything called a \"\"gift card\"\" offered by a particular retailer works the same way: you can't do anything with it except buy products at that retailer. The only thing that really makes Amazon different is that the only way to use your card is to add the money to your Amazon account, because the only way to pay for things on Amazon is with an Amazon account.  There's no way to spend just some of the value; you have to deposit it all into your account.  With gift cards for retailers with physical locations, you can usually use the value up piecemeal, by actually going to a store and spending just enough to buy something.  (I assume Walmart works this way, although I don't know if you can use an e-gift card this way there.)\""}
{"_id": "120554", "title": "", "text": "The laws about this changed in 2010 with the new Overdraft Protection Law HR 1261.  \u00a7 140B. (c) Consumer consent opt-In.\u2014A depository institution may   charge overdraft coverage fees with respect to the use of an automatic   teller machine or point of sale transaction only if the consumer has   consented in writing, in electronic form, or in such other form as is   permitted under regulations of the Bureau. Now when you sign up for a bank account you have to opt in to overdraft coverage (the bank transfers funds from other accounts to cover overdrafts), or overdraft protection (the bank simply bounces NSF checks).  I'm pretty sure you could always set this option on your account, but banks were defaulting everyone's account that didn't think to ask such that overdrafts got paid and incurred fees. The law now prohibits them from using that as the default option."}
{"_id": "120568", "title": "", "text": "1) get good grades  2) get into top school  3) continue getting good grades  4) get an interview and kill it  5) enjoy the fruits of your success with copious amounts of drinking to deal with the hours  Done, and I don't even need to be a banker to tell you this"}
{"_id": "120576", "title": "", "text": "You know what? I'd love it if I could work a part-time job, but make the same salary (scaled down to the number of hours, obviously).  I spend entirely too much time away from the things I'd rather be doing (family, hobbies, relaxing) in my 40 hour hell-hole. I'd much rather take a reasonable cut and work less.  Basically, I don't need to get rich, but if I can live off of a reduced salary *and* work fewer hours I'd be a very happy man.  Now... working part time and not earning enough to survive- that's not acceptable at all. I'd be willing to bet the vast majority of part-time jobs are this way."}
{"_id": "120598", "title": "", "text": "I've been to one in Seattle. It's pretty much my favorite bookstore. Because they don't need to worry about inventory or profitability, they display all the books forwards, so you can see each book's front as you browse, rather than just the spine. And they have little review snippets under most of them. It's a great browsing experience. Of course, in the middle of the store there's a bunch of confused employees who think they're an Apple Store, but no bookstore is perfect. And getting all the books for Amazon's price is a big plus."}
{"_id": "120604", "title": "", "text": "A Yen is like a penny.  Buy a chocolate bar 100\u00a5 or \u00a31.00.  Should the UK get rid of pennies and only price things to the pound?"}
{"_id": "120605", "title": "", "text": "\"Interesting; England went \"\"chip &amp; PIN\"\" years ago and Australia went \"\"chip &amp; PIN\"\" today but I've never heard of EMV. I had to look it up to know what it was.  The point of the switch is to reduce fraudulent transactions. The chip can't be copied as easily as the strip.  That's all I know. Rally I just replied because I had not heard of EMV.\""}
{"_id": "120606", "title": "", "text": "Dividends would be a possible factor you are ignoring.  If Dell has another quarter or two to pay out dividends that could account for some of the difference there. I don't think there is a confirmed date of when the deal is done yet other than around the end of Dell's second quarter which was in the LA Times link you cited. There is also the potential for the terms of the deal to be revised that is another possibility here.  Have you examined other deals where a public company went private to see how the stock performed in the last few months before the deal closed?"}
{"_id": "120609", "title": "", "text": "\"It depends on the bank. According to the Uniform Commercial Code, a bank is not obliged to pay a cheque after six months, but may do so if it wants to. \u00a7 4-404.  BANK NOT OBLIGED TO PAY CHECK MORE THAN SIX MONTHS OLD. A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer's account for a payment made thereafter in good faith. Official link to UCC 4-404 As for your second question, if you stamp \"\"void after 60 days\"\" on your cheque; I don't have a specific answer for that part (yet). Update: I can find no specific rules about someone putting an arbitrary \"\"void after xxx days\"\" on their personal check. Businesess are alllowed to, but again the overriding rule seems to be that after six months it's the bank's choice, and you certainly couldn't make a cheque expire before six months, so I don't think that putting a stamp would make any difference. It's still up to the bank in the end.\""}
{"_id": "120611", "title": "", "text": "(Note: I am omitting the currency units.  While I strongly suspect it's US$ I don't know from the chart.  The system works the same no matter what the currency.) A call or a put is the right to sell (put) or buy (call) shares at a certain price on a certain day. This is why you see a whole range of prices.  Not all possible stock values are represented, the number of possibilities has to be kept reasonable.  In this case the choices are even units, for an expensive stock they may be spaced even farther apart than this. The top of the chart says it's for June.  It's actually the third Friday in the month, June 15th in this case.  Thus these are bets on how the stock will move in the next 10 days. While the numbers are per share you can only trade options in lots of 100. The left side of the chart shows calls.  Suppose you sell a call at 19 (the top of the chart)  The last such trade would have gotten you a premium of 9.70 per share (the flip side of this is when the third friday rolls around it will most likely be exercised and they'll be paying you only 19 a share for a stock now trading at something over 26.)  Note the volume, bid and ask columns though--you're not going to get 9.70 for such a call as there is no buyer.  The most anybody is offering at present is 7.80 a share. Now, lets look farther down in the chart--say, a strike price of 30.  The last trade was only .10--people think it's very unlikely that FB will rise above 30 to make this option worthwhile and thus you get very little for being willing to sell at that price.  If FB stays at 26 the option will expire worthless and go away.  If it's up to 31 when the 15th rolls around they'll exercise the option, take your shares and pay you 30 for them.  Note that you already gave permission for the trade by selling the call, you can't back out later if it becomes a bad deal. Going over to the other side of the chart with the puts: Here the transaction goes the other way, come the 15th they have the option of selling you the shares for the strike price.  Lets look at the same values we did before.  19?  There's no trading, you can't do it. 30?  Here you will collect 3.20 for selling the put.  Come the 15th they have the right to sell you the stock for 30 a share.  If it's still 26 they're certainly going to do so, but if it's up to 31 it's worthless and you pocket the 3.20 Note that you will normally not be allowed to sell a call if you don't own the shares in question.  This is a safety measure as the risk in selling a call without the stock is infinite.  If the stock somehow zoomed up to 10,000 when the 15th rolls around you would have to come up with the shares and the only way you could get them is buy them on the open market--you would have to come up with a million dollars.  If there simply aren't enough shares available to cover the calls the result is catastrophic--whoever owns the shares simply gets to dictate terms to you.  (And in the days of old this sometimes happened.)"}
{"_id": "120632", "title": "", "text": "Thats because I'm a tax accountant. I handle things on the tax side. There are other accountants that handle books and financials. I hear how they handle certain things, but I don't know specifics. I've been in meetings, but it doesn't spell out each and every detail.   I've actually heard about that purchase. I think I read that on Reddit, but other than that, I have not heard of those cards."}
{"_id": "120649", "title": "", "text": "The company will have to pay 20% tax on its profits. Doesn't matter how these profits are earned. Profits = Income minus all money you spend to get the income.  However, you can't just take the profits out of the company. The company can pay you a salary, on which income tax, national insurance, and employer's national insurance have to be paid at the usual rate. The company can pay you a dividend, on which tax has to be paid. And the company can pay money into the director's pension fund, which is tax free.  Since the amount of company revenue can be of interest, I'd be curious myself what the revenue of such a company would be. And if the company makes losses, I'm sure HMRC won't allow you to get any tax advantages from such losses."}
{"_id": "120658", "title": "", "text": "Unfortunately, there is no facility to do bulk transaction edits in GnuCash, so you are out of luck for your existing hundred. (I don't know whether there is a way to initially import a transaction as split.) However, once you have entered this split once, it can be used as a template for new transactions, using autocomplete or by entering it in the Scheduled Transaction Editor."}
{"_id": "120669", "title": "", "text": "While I can understand the reddit admins choice here, I wish they had come up with a better way to deal with it.  Even if those domains are 'cheating' it would be nice if the programmers came up with a better way to prevent cheating (as hard as it may be)."}
{"_id": "120677", "title": "", "text": "I think we are arguing the same side of the coin here from different perspectives.    Let me re-phrase what I'm saying here:  I'm arguing that wages should be higher; that business takes advantage of the social safety net to keep wages low, pushing the balance of what they should be paying off to the taxpayer.    I'm not arguing to get rid of the social safety net.  It's there for two reasons:  First, people who have no income (as per your argument).  Second, people who have *insufficient* income.  My argument is meant to address the latter."}
{"_id": "120683", "title": "", "text": "Material Information means that any information that can reasonable affect the share price of the company [upward or downward] as looked by the investors. The idea is to provide a level playing field to all investors. Hence it forces people having material information not to trade when they have this information that is not yet disclosed. Yes it happens all the time and laws are quite stringent. There is monitoring of share activity by regulators ... hence most of the times the companies come out with their own guidelines and top & senior management is prohibited from trading in their own company\u2019s shares for pretty much round the year except few windows the company decides is safe. Now it may not be possible to monitor every small material info, but any large spike of stocks after certain announcements is investigated by regulators to verify any undue gains. For ex a person who never trades suddenly buys large qty of shares and it goes up and he sells again ... etc"}
{"_id": "120691", "title": "", "text": "Credit cards are often more fool proof, against over-drawing. Consider Bill has solid cash flow, but most of their money is in his high interest savings account (earning interest) -- an account that doesn't have a card, but is accessible via online banking. Bill keeps enough in the debit (transactions) account for regular spending, much of which comes out automatically (E.g. rent, utilities), some of which he spends as needed eg shopping, lunch. On top of the day to day money Bill keeps an overhead amount, so if something happens he doesn't overdraw the account -- which would incur significant fees. Now oneday Bill sees that the giant flatscreen TV he has been saving for is on clearence sale -- half price!, and there is just one left. It costs more than he would normally spend in a week -- much more. But Bill knows that his pay should have just gone in, and his rent not yet come out. Plus the overhead he keep in the account . So there is money in his debit account. When he gets home he can open up online banking and transfer from his savings (After all the TV is what he was saving for) What Bill forgets is that there was a public holiday last week in the state where payroll is operated, and that his pay is going to go in a day late. So now he might have over drawn the account buying the TV, or maybe that was fine, but paying the rent over draws the account. Now he has a overdraft fee, probably on the order of $50. Most banks (at least where I am), will happily allow you to overdraw you account. Giving you a loan, at high interest and with an immediate overdraft fee. (They do this cos the fee is so high that they can tolerate the risk of the non-assessed loan.) Sometimes (if you ask) they don't let you do it with your own transcations (eg buying the TV), but they do let you do it on automated payements (eg the Rent). On the other hand banks will not let you over draw a credit card. They know exactly how much loan and risk they were going to take. If Bill had most of his transactions going on his credit card, then it would have just bounced at the cash register, and Bill would have remembered what was going on and then transferred the money. There are many ways you can accidentally overdraw your account. Particularly if it is a shared account."}
{"_id": "120699", "title": "", "text": "What specific area in finance are you interested in pursuing? If you are looking to go back office then it will have some value. That said, I would focus on picking up a CFA over a CPA, since fairly or not, a CPA does carry a certain stigma with it in finance."}
{"_id": "120700", "title": "", "text": "\"I would be more than happy to find a good use for your money. ;-) Well, you have a bunch of money far in excess of your regular expenses. The standard things are usually: If you are very confused, it's probably worth spending some of your windfall to hire professional help. It beats you groping in the dark and possibly doing something stupid. But as you've seen, not all \"\"professionals\"\" are equal, and finding a good one is another can of worms. If you can find a good one, it's probably worth it. Even better would be for you to take the time and thoroughly educate yourself about investment (by reading books), and then make a knowledgeable decision. Being a casual investor (ie. not full time trader) you will likely arrive, like many do, at a portfolio that is mostly a mix of S&P ETFs and high grade (eg. govt and AAA corporate) bonds, with a small part (5% or so) in individual stock and other more complicated securities. A good financial advisor will likely recommend something similar (I've had good luck with the one at my credit union), and can guide you through the details and technicalities of it all. A word of caution: Since you remark about your car and house, be careful about upgrading your lifestyle. Business is good now and you can afford nicer things, but maybe next year it's not so good. What if you are by then too used to the high life to give it up, and end up under mountains of debt? Humans are naturally optimistic, but be wary of this tendency when making assumptions about what you will be able to afford in the future. That said, if you really have no idea, hey, take a nice vacation, get an art tutor for the kids, spend it (well, ideally not all of it) on something you won't regret. Investments are fickle, any asset can crash tomorrow and ruin your day. But often experiences are easier to judge, and less likely to lose value over time.\""}
{"_id": "120701", "title": "", "text": "As a former Amazonian, I can tell you that employees are really, really encouraged to get patents. Doesn't matter what for, if your patent application is formally submitted, you get a clear plastic puzzle peace (i have one). If it actually becomes a patent, you get a blue one's  My point is, the fact that they're applying for a patent in X doesn't mean they want to do X, it means that some employee came up with the idea and submitted it to the IP folks who thought, maybe we can patent this thing.  Every company wants a war chest of patents they can use against companies suing them for patent infringement."}
{"_id": "120706", "title": "", "text": "I like the way you framed this question.  There is no single right answer for what to do with your savings, but there are some choices that are wrong in the sense that they are dominated by other choices you could make.  Of the choices you listed, there are two that fall into that category.  The ones that seem like a bad idea to me are: Putting it into your Roth 401(k).  You can't do this directly anyhow, but you could do it indirectly by increasing your contributions and using the growth fund to cover the hole in your budget, but that's a lot of work for a relatively small gain.  You would essentially be exchanging one long-term investment for another long-term investment.  You would pay capital gains taxes on the investment when you sell it today, in order to not pay taxes on its earnings when you eventually withdraw it.  There is some benefit there, but it's a long way off, not that large, and probably not worth the effort.  Things that might change your mind:  If your 401(k) was a traditional 401(k) (paying tax at capital gains rate today to get a deduction at your normal income rate is likely to be a win).  You're not contributing enough to get the full company match (always try to get that match if you can). Putting it into your emergency fund.  Once again, you are likely to pay capital gains tax if you do this, and you will be putting it into an investment that is likely to get a lower return than your current one.  It isn't really necessary to incur these costs, since if you encounter an emergency that you can't cover with your existing emergency fund, you could always liquidate the growth fund then, when you know you need it.  Now, a growth fund is going to be more volatile than what you would normally want for an emergency fund, but the risk isn't that bad, if you think about it.  Say your emergency comes up and you find that the growth fund is down 20% (which would be a pretty horrible run).  That's $600 less that you have to deal with the situation.  Keep in mind that you already have $2000 (and building) in your current emergency fund.  Is that $600 going to make the difference between meeting the need and not?  It's not likely.  Better to leave the investment where it is and keep building your emergency fund week by week.  Things that might change your mind: Your level of risk aversion (if having that money in a more risky investment is keeping you up at night, move it).  You face significant job uncertainty (if you have reason to think your job is at risk, it might be a good idea to top off that emergency fund sooner rather than later.) Your other two choices both seem like solid options under the right circumstances.  If it were me, I'd leave the investment in place rather than use it to pay off the student loan.  The investment is likely (though of course not guaranteed) to earn more than the interest rate even on the highest-rate loan, especially when you consider that the interest on the student loan is probably tax deductible.  Moreover, the size of the investment isn't enough to fully repay the loan, so putting it toward the loan won't even improve your cash flow for some time to come.  However, there is always a chance that the investment will perform poorly and some people prefer the guaranteed return from paying off the loan.  It depends on your personal risk tolerance.  The one thing I would recommend is to think of putting the money toward the loan not as a debt repayment, but as a fixed-income investment with a yield equal to your loan's interest rate.  If you would still consider buying it then, then go ahead.  If not, then stick with what you've got.  In my experience people get way too emotional about debt; try to take that emotion out of your decision making if you can."}
{"_id": "120708", "title": "", "text": "\"In the words of David Einhorn, Flash Boys was \"\"based on a true story.\"\" The way Lewis tells the story is extremely misleading, and you seem to have been suckered in.   HFT has reduced spreads to a small fraction of what they were 20 years ago, they are awesome for average people, who are retail traders. Lewis uses \"\"ordinary investors\"\" to mean guys like Einhorn, who do suffer from HFT because they make it hard to buy large blocks of stock without moving the price. But it is not a God-given right to buy stock without moving the price against yourself, and guys like Einhorn now understand how to trade given the current market structure.\""}
{"_id": "120714", "title": "", "text": "They are thinking they'll do an hourly rate in the beginning until we get sales and can make sure it's profitable, and then switch to solely being paid the percentage of the business I would own.   If it was a salary AND 15-20% I'd be happy with that :)"}
{"_id": "120717", "title": "", "text": "If you can't sell it, refinance the bugger.  Even if you can knock the interest rate down to 8% and take out a 3-year loan, you'll save about $100 per month.  Or really kill the payment (but pay more interest) by taking out another 6-year.  A 6-year at 9% on $12k is only $215/month. My credit union routinely advertises specials on car loans.  It shouldn't be difficult to get out of the usurious loan you have now. As for others' advice about getting another job, having been a PhD student I hesiate to suggest that you get another one, because your job is probably your life right now.  But can your wife (or even you) start a blog on a subject that interests you?  A few posts a week add up over time, and pretty soon you have a real asset that can be another basket to put your eggs in."}
{"_id": "120727", "title": "", "text": "\"What an articulated and persuasive argument coming from you!  Seriously, just yes or no:   1. Do you think the ACA is good plan and a sustainable plan, yes or no?   2. Trump is pro National health care system, yes or no?   3. Is there a chance that Trump will fix the ACA to make it sustainable and better, yes or no?  And if \"\"yes\"\" to the 3 questions, why are you so against fixing the ACA?\""}
{"_id": "120735", "title": "", "text": "Probably because at this point they have an extremely limited use. I use my Amazon Echo to play music, set alarms/timers, and track my grocery list. Those are convenient, but I don't NEED one. The advertised function of asking a question doesn't work very well, and until you can interact with it as more of an AI device then people won't truly rely on them."}
{"_id": "120742", "title": "", "text": "THANK YOU.   Millennials are moving away from cheaper sit down restaurants in favor of Chipotle, Panera type restaurants.   I get it. it is just changing tastes.  For millennials to say well just change everything you do, if not you are a moron, IS why others call them entitled.   It isn't easy changing the entire concept of 1200 restaurants.   Millennials are at fault as the millennials of the 20s were responsible for buggy whips dying."}
{"_id": "120760", "title": "", "text": "I would certainly hope to make the transfer by wire - the prospect of   popping cross the border with several million dollars in the trunk   seems... ill fated. I suppose I'm asking what sort of taxes, duties,   fees, limits, &c. would apply Taxes - None. It is your money, and you can transfer it as you wish. You pay taxes on the income, not on the fact of having money. Reporting - yes, there's going to be reporting. You'll report the origin of the money, and whether all the applicable taxes have been paid. This is for the government to avoid money laundering. But you're going to pay all the taxes, so for transfer - you'll just need to report (and maybe, for such an amount, actually show the tax returns  to the bank). Fees - shop around. Fees differ, like any other product/service costs on the marketplace."}
{"_id": "120785", "title": "", "text": "Manufacturer of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries-Our Ramming Mass product has features like corrosion &amp; wear resistance, better thermal stability, contains less binders, fire clay &amp; moisture in comparison with plastic refractory, Optimal bulk density, Free from sintering agent, longer shelf life, accurately processed, high purity, reasonably priced,  and durability. After that this ramming mass is delivered by us implementing precise quality control tests to the clients. Our product is usually available from ready stock."}
{"_id": "120814", "title": "", "text": "\"I don't think the article is totally useless. As a Westerner, I hear virtually nothing about companies bribing government officials. So the concept alone is interesting.  Also, they give hard numbers:  - \"\"Bribery offered an average return of 10-11 times the value of the bung paid out to win a contract.\"\" - \"\"heads of state securing up to 4.7% of the contract value\"\"  Since you know it all, why don't you write an article for us?\""}
{"_id": "120816", "title": "", "text": "I suppose it depends on the circumstances, but I wouldn't advise it. If you default on a loan to the bank it might ruin your credit, if you default to a family member it has the potential for much more damage in the form of fostering bad feelings and hurt the relationship."}
{"_id": "120827", "title": "", "text": "Ever since my apartment complex started accepting rent payments online, I've almost never written a check.  I use my debit card for everything.  And I get paid by direct deposit."}
{"_id": "120837", "title": "", "text": "The debt on Credit Cards is pretty high. Its in the range of 30-40% APR. There could also be a case very high personal loan for medical or other personal emergencies at a rate in excess of 15%. The debt consolidation would offer this at a very low APR There are institutions that offer debt consolidation services that would consolidate all your debt into a single loan at a lower rate of interest. They would also negotiate with all your lenders to waive charges and accrued interests to the max extent. The benefit to the institution offering this service is that they have a larger loan on books and hence the servicing cost is less. Most of the time the debt consolidation is offered with some asset as the guarantee for the new loan. By doing this the advantages are: Of course if you are looking for the balance transfer on cards to new one, then its same and in fact may at times be more expensive."}
{"_id": "120852", "title": "", "text": "\"I debated whether to put this in an answer or a comment, because I'm not sure that this can be answered usefully without a lot more information, which actually would then probably make it a candidate for closing as \"\"too localized\"\". At the very least we would need to know where (which jurisdiction) she is located in. So, speaking in a generic way, the options available as I see them are: Contact the mortgage companies and explain she can't continue to make payments. They will likely foreclose on the properties and if she still ends up owing money after that (if you are in the US this also depends on whether you are in a \"\"non-recourse\"\" state) then she could be declared bankrupt. This is rather the \"\"nuclear option\"\" and definitely not something to be undertaken lightly, but would at least wipe the slate clean and give her some degree of certainty about her situation. Look very carefully at the portfolio of properties and get some proper valuations done on them (depending on where she is located this may be free). Also do a careful analysis of the property sales and rental markets, to see whether property prices / rental rates are going up or down. Then decide on an individual basis whether each property is better kept or sold. You may be able to get discounts on fees if you sell multiple properties in one transaction. This option would require some cold hard analysis and decision making without letting yourselves get emotionally invested in the situation (difficult, I know). Depending on how long she has had the properties for and how she came to own them, it MIGHT be an option to pursue action against whoever advised her to acquire them. Clearly a large portfolio of decaying rental properties is not a suitable investment for a relatively elderly lady and if she only came by them relatively recently, on advice from an investment consultant or similar, you might have some redress there.  Another option: could she live in one of the properties herself to reduce costs? If she owns her own home as well then she could sell that, live in the one of the rentals and use the money saved to finance the sale of the other rentals. Aside from these thoughts, one final piece of advice: don't get your own finances tangled up in hers (so don't take out a mortgage against your own property, for example). Obviously if you have the leeway to help her out of your budget then that is great, but I would restrict that to doing things like paying for grocery shopping or whatever. If she is heading for bankruptcy or other financial difficulties, it won't help if you are entangled too.\""}
{"_id": "120856", "title": "", "text": "Transparency. If I need materials to build a house or food from a restaurant, I can get up front pricing easily. With healthcare, you have to jump through flaming hoops to get an idea of what you're going to pay. Also, healthcare costs are very negotiable and consumers don't realize this. There aren't a lot of B2C businesses that accept bargaining and negotiation as a part of doing business, unlike B2B so the consumer assumes that the quoted price is the final price. You can always negotiate things with your healthcare (for example I negotiated my dental bill before agreeing the to service)."}
{"_id": "120859", "title": "", "text": "The first thing that I learned the hard way (by trying my hand at actual options trading) is that liquidity matters. So few people are interested in trading the same options that I am that it is easy to get stuck holding profitable contracts into expiration unless I offer to sell them for a lot less than they are worth.  I also learned that options are a kind of insurance,and no one makes money (in the long run) buying insurance.  So you can use options to hedge and thereby prevent losses, but you also blunt your gains.  Edit: IMO,options (in the long run) only make money for the brokers as you pay a commission both on the buy and on the sell. With my broker the commission on options is higher than the commission on stocks (or ETFs)."}
{"_id": "120899", "title": "", "text": "Since you have already paid tax to the Government of Uk, no tax will be levied on the money earned outside India. As per the Income tax act, any income received in India in all cases is taxable irrespective of the tax payer's residential status. A NRI after receiving income from outside India cannot be taxed as income because of remittance of such income to India."}
{"_id": "120935", "title": "", "text": "I politely decline. Insurance is there to protect me against catastrophic financial loss (huge medical bills, owing a mortgage on a house that burned down, etc.) not a way to game the system and pay for routine expenses or repairs."}
{"_id": "120949", "title": "", "text": "\"The writer just failed elementary math. It doesn't make a shit bit of difference how many jobs were added if the \"\"official\"\" unemployment rate went up. Why the fuck would wages go up with less jobs available? This is econ 101. We're obviously still in a recession and yet we have endure this propaganda every month for years. Either the public is extremely stupid or they think we are. Take your pick.\""}
{"_id": "120954", "title": "", "text": "MoneyStrands is a site very similar to Mint, but does not force you to link bank accounts. You can create manual accounts and use all features of the site without linking to banks."}
{"_id": "120964", "title": "", "text": "&gt; pay a premium to the enthusiastically complicit exchanges for the privilege of scalping those that do not.  I'm assuming you're talking about colocation. Can you tell me how colos enable them to scalp participants without a colo? Give me a breakdown."}
{"_id": "120981", "title": "", "text": "\"There's a concept in retail called a \"\"loss leader\"\", and essentially it means that a store will sell an item intentionally at a loss as a way of bringing in business in the hope that while consumers are in the store taking advantage of the discounted item, they'll make other purchases to make up for the loss and generate an overall profit. Many times it only makes sense to carry items that enhance the value of something else the store sells.  Stores pay big money to study consumer behaviors and preferences in order to understand what items are natural fits for each other and the best ways to market them.   A good example of what you're talking about is the fact that many grocery stores carry private label products that sell for higher margins, and they'll stock them alongside the name brands that cost much more.  As a consequence (and since consumers often don't see a qualitative difference between store brands and name brands much of the time to rationalize spending more), the store's own brands sell better. I hope this helps. Good luck!\""}
{"_id": "120982", "title": "", "text": "Yes, but Americans know how to respond to my answer, the Indians just repeat what you said because they don't understand you.   I had to call Pfizer for information about a product this summer and the first call I got an Indian who had no fucking clue about what I was asking. Then I got a clear English speaking American when I called the next day who helped me rather quickly."}
{"_id": "120986", "title": "", "text": "I think this is off topic, but here is a stab: So these are cashless.  It could be a way to smooth out the harsh reality of capitalism (I overproduced my product, I have more capacity than I can sell) and I can trade those good to other capitalists who similarly poorly planned production or capacity. Therefore the market for a system like is limited to businesses that do not plan well.  Business that plan production or capacity to levels they can already sell for cash do not need a private system to offload goods. Alternatives to such a system include: (I don't know how many businesses are really in this over production / over capacity state.  If my assumption that it isn't many is wrong, my answer is garbage.) This is a bartering system with a brokerage.  I think we have historically found that common currencies create more trade and economic activity because the value of the note in your pocket, which is the same type of note in my pocket, is common and understood.  Exchange rates typically slow down trade.  (There are many other reasons to have different currency or notes on a global sale, but the exchange certainly is a hurdle to clear.) This brokerage is essentially adding a new currency (in a grand metaphor).  And that new currency is only spendable on their brokerage, which is of limited use to society as a whole, assuming that society as a whole isn't a participating member of that brokerage. I can't really think of why this type of exchange is better than the current system we have now.  I wouldn't invest in this as a business, or invest in this as a person looking for opportunity."}
{"_id": "120991", "title": "", "text": "I think you would be better asking about what things COULD increase in value. Even the given example (houses) are not certain to increase in value. In fact, one of the key causal factors of this recession IMHO is that no one realized that partly because there have been few recent housing busts, and also the illusory effect of inflation that made it seem like houses always increase in value.  I once heard it described that rich people tend to get richer because they spend more of their money on things that are more likely to hold their value or appreciate (houses, art, etc.) as opposed to poor people who spend the majority of their money on consumables like rent, utilities, food, cars, etc."}
{"_id": "120998", "title": "", "text": "\"That sounds great, and don't get me wrong, I'm having fun and learning a lot at this internship, I don't regret accepting the offer in the slightest. The thing is, I also wanted to improve my \"\"technical\"\" skills (if that makes sense) over the summer, and right now I'm wondering where exactly to start. You mentioned coding and excel, is there anything specific that I should know, or a good place to start? I know some basics of C++, HTML and CSS, and some excel stuff like Vlookups, but nothing beyond that really. Is there any specific language I should learn, for example? Or something more advanced in excel? If I'm not at work, I'm sitting at my PC at home, so I feel like I should be doing *something*.\""}
{"_id": "121002", "title": "", "text": "And that vol., which you love so much, is the exact reason retail is leaving the market to begin with. If you're retirement savings is tied up in market that you don't trust anymore, and returns aren't what they used to be, why continue to participate? You'd be better off buying long-term bonds.  HFT complains that they can't make money as easily as they used to, but forgets that they, collectively, scared off many of the participants that were necessary to make that money!"}
{"_id": "121017", "title": "", "text": "There are two parts to this. Firstly, if you are also living in the property you have bought, then you should not consider it to be an investment. You need it to provide shelter, and the market value is irrelevant unless/until you decide to move. Of course, if your move is forced at a time not of your choosing then if the market value has dropped, you might lose out. No-one can accurately predict the housing market any more than they can predict interest rates on normal savings accounts, the movement of the stock market, etc.  Secondly, if you just have a lump sum and you want to invest it safely, the bank is one of the safest places to keep it. It is protected / underwritten by EU law (assuming you are in the EU) up to \u20ac100,000. See for example here which is about the UK and Brexit in particular but mentions the EU blanket protection. The other things you could do with it - buy property, gold, art works, stocks and shares, whatever thing you think will be least likely to lose value over time - would not be protected in the same way."}
{"_id": "121023", "title": "", "text": "&gt;They're already on food stamps with one estimate that more than 3/4 of Walmart's employees receiving some sort of government assistance.  I doubt 75% of their workforce is on food stamps.  Walmart has increased their wages and increases their full time staff.  &gt;There are very few Walmarts in Minneapolis partially because that's where Target's offices are located.  So?  &gt;The most calls for police was to one of the WalMarts. This isn't just in Minneapolis. Across the nation law enforcement devotes significant resources to WalMart. Why pay for security when the police come for free?  Despite Walmart having its own security.  By the way your second link isn't exactly creditable to say the least."}
{"_id": "121034", "title": "", "text": "Did you consider AppleCare? http://www.apple.com/support/products/iphone.html very iPhone comes with one year of hardware repair coverage through its limited warranty and up to 90 days of complimentary support. The AppleCare Protection Plan for iPhone extends your coverage to two years from the original purchase date of your iPhone. This was only a flat fee of $69 (or at least it was when we bought our iPhone 4 models) which seems much more reasonable, particularly if you're planning to keep your phone for a while. (and remember that iPhones magically turn into iPod Touches when you stop using them as phones, so their useful life is a bit longer than most typical smartphones)"}
{"_id": "121040", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.eoionline.org/blog/x-marks-the-spot-where-inequality-took-root-dig-here/) reduced by 91%. (I'm a bot) ***** &gt; The third message is that workers&amp;#039; wages - accounting for inflation and all the lower prices from cheap imported goods - would be double what they are now, if workers still took their share of gains in productivity.  &gt; The New Deal policies reflected that national purpose, honoring a social safety net, increasing bargaining power for workers and bringing public interest into balance with corporate power.  &gt; In the mid-70&amp;#039;s, we traded in our post-World War II social contract for a new one, where &amp;quot;Greed is good.&amp;quot; In the new moral narrative I can succeed at your expense.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wkljw/x_marks_the_spot_where_inequality_took_root/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~199874 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **New**^#2 **social**^#3 **power**^#4 **period**^#5\""}
{"_id": "121058", "title": "", "text": "Vous souhaitez investir dans un immobilier mais vous pr\u00e9f\u00e9rez dialoguer directement avec le professionnel (agence immobili\u00e8re, Cabinet en Gestion de Patrimoine\u2026) ayant la comp\u00e9tence n\u00e9cessaire pour satisfaire vos projets personnels. AJF FINANCE, acteur ind\u00e9pendant, se positionne \u00e0 vos c\u00f4t\u00e9s et vous guide en se pla\u00e7ant au c\u0153ur de votre projet d\u2019investissement immobilier"}
{"_id": "121063", "title": "", "text": "Credit cards are a golden goose for banks, as they get to issue high-interest loans and simultaneously generate alot of fee income. Debit cards aren't quite as good, but they still generate substantial fee income -- ~2% of every credit/non-PIN debit transaction goes to the bank and credit card network. Credit histories exist because they are the most effective tool available to predict whether you will pay back your loans or not. You don't need a credit history to buy most things, you need a credit history to get a large loan. Think of it from perspective of a lender: Credit scoring is the bank's way screening out people who are expensive to do business with. It's objective, doesn't discriminate on the basis of race, sex or other factors, and you have recourse if the rating agencies have incorrect information."}
{"_id": "121065", "title": "", "text": "\"If you withdraw 401K then 10% penalty is applied. Also the amount you withdraw is considered as \"\"Income\"\" for that year. Whether you go back to India or Not, the amount is considered Income. Depending on the reason you state during withdraw, the Income tax (default @ 10%) might be \"\"withheld\"\" (Note: Sometime they may not withhold tax). If you are relocating to India, as per international tax rule (between India & US), when filing tax in India then you are supposed to show this as income (the 401K amount) and pay tax according to the total income including amount earned in India (could be upto 30%!!). If there was tax \"\"withheld\"\" in US, you can show it as International tax paid and pay the difference between 10% and your tax rate (upto 30%). If you are relocating to India, but still filing in US (it's possible) then 401K amount will be taxed at US tax rate (could be upto 35%).  In either case (filing in India or US) the amount \"\"Withheld\"\" can be shown as tax paid, but yet you will pay the tax difference (could be 20% or 25% more) as per the income for that year. You are not supposed to pay tax in two countries for the same year, as per regulations (might end up with Audit in both country). Hope it helps!\""}
{"_id": "121071", "title": "", "text": "Another reason for banks to push this is sitckyness.  Once you have all of your bills setup, its more trouble to change banks.  This reduces the customer turnover rate, which lowers their costs."}
{"_id": "121072", "title": "", "text": "I'm sorry, I didn't realize you served. Congrats on getting your government to help you out with your degree.  As for me, I've deleted my comment and am answering with a throwaway because I don't want this to be tied to my persona in any way because of the following. Much like I didn't know shit about you, you don't know shit about me. I was born in a shithole country you've never heard of. My grandparents were collective farmers with barely a primary school education and my parents grew up on those farms and didn't go to college. My father was persecuted by the government and thrown in jail when I was four and stayed there until I was 10 \u2013 thankfully my mom and I managed to move to a Western country, where we lived on government subsistence and with no family within 3000km, because they're all (still) living in such shithole countries.   We came into money once he got released and I reached high school age and hence the what you qualify as lavish, jealousy-inducing lifestyle, but even then despite the expensive private school (which sends one kid to an ivy every two years), plushy vacations and nice clothes I had to hustle entirely by myself to get into good schools in the US. Nobody in my entire extended family had ever gone on to tertiary education in any country, let alone the most competitive one in the world. Despite ready access, I took on no standardized prep tutors (got a 35 \u2013 fuck the people saying high score = expensive tutors), no after school help, no expensive college app packaging. I didn't even use my story as a college essay (in fact, nobody knows, not even my closest friends [they just think I'm some rich kid, much like you]) because I don't think the circumstances I was born with (and, alternatively, was blessed with afterwards) allow me special privileges or empathy in any way. The amount of effort I can put into my life solely depends on me, not my environment.  And now that I'm here it could all come crashing down any second because my shithole country could decide to take it all away again. My parents can't even visit me in the US (hence the frequent flyer status you motherfucker) and who knows if I'll be able to finish my expensive program here while on a student visa \u2013 hence finance. I also find the American adoration of military service adorable when in so many countries (including mine) it's mandatory and a simple way of life, but I'm not going to argue with you on that because I realize it's a sensitive subject for you lot and I still respect your decision."}
{"_id": "121079", "title": "", "text": "Actually it has been disproven that minimum wage leads to higher earnings for companies. You are without a doubt wrong on that fact. Because money has fluctuating value, more money does not necessarily lead to higher purchasing power. This is pretty well known by most monetary theorist. It's actually pretty ridiculous to believe otherwise. But hey, if you want to be wrong be my guest."}
{"_id": "121100", "title": "", "text": "Some qualitative factors to consider when deciding whether to finance with equity vs debt (for a publicly traded company):    1) The case for equity: Is the stock trading high relative to what management believes is its intrinsic value? If so, raising equity may be attractive since management would be raising a lot of $$$, but the downside is you give up future earnings since you are diluting current ownership  2) The case for debt: What is the expected return for the project in which the raised capital will be utilized for? Is its expected return higher than the interest payments (in % terms)? If so raising debt would be more attractive than raising equity since current ownership would not be diluted  That's all I can think of off the top of my head right now, I'm sure there are a few more qualitative factors to consider but I think these two are the most intuitive"}
{"_id": "121108", "title": "", "text": "Tax won't be an issue. You have a personal tax free allowance of \u00a37475 this coming year, so your first \u00a37475 will be tax free. 1.09% is pretty abysmal (sorry - but we've wrecked the economy for you young fullas), so you'll only earn about \u00a384 a month. Not as awesome as you were expecting I think. Would recommend getting advice on other means of generating an income with your 100k. Because if you bought a cheap flat (cheap enough to own without a mortgage), you could probably earn between \u00a3300-\u00a3400 a month fairly comfortably. (I'm not suggesting you become a landlord, just that interest rates currently suck)"}
{"_id": "121112", "title": "", "text": "Didn't people say this the last election cycle?  Has America ended yet?  We're still here.  But, really, why blame the President?  He's not a dictator.  He can only pass laws that get through house and senate.  This kind of fear mongering is stupid."}
{"_id": "121134", "title": "", "text": "Algarve is one of the prime and popular holiday destinations.  For the golf lovers, this is the perfect place to be as Vale Do Lobo is famous for its two championship golf courses. Simply-Algarve offers plenty options of different apartments and villas rental options available. The Villa rentals in Vale Do Lobo is an excellent accommodation option as they offer all the luxuries and comforts. The villas and apartments are outfitted with all essential amenities, for instance, WIFI, television, private pool, air conditioning etc.  http://www.simply-algarve.com/where-to-stay/villa-rentals"}
{"_id": "121145", "title": "", "text": "Here's a good rule of thumb. In any situation where you are required to purchase insurance (Auto Liability, Property Mortgage Insurance, etc.) you can safely assume that you aren't the primary beneficiary. You are being required to buy that insurance to protect someone else's investment."}
{"_id": "121153", "title": "", "text": "\"This is an advanced fee scam you do not have any money in a foreign account nor will paying any taxes or fees get that money. A clue is that the Constitution of the United Kingdom has no mention of taxes and is also not organized into sections in a manner like \"\"4.11\"\". If you really want to confirm this. You should be able to contact the UK branch of Investec Bank. They would be able to confirm the means that they would use to contact individuals with account issues.\""}
{"_id": "121158", "title": "", "text": "Futures exchanges are essentially auction houses facilitating a two-way auction. While they provide a venue for buyers and sellers to come together and transact (be that a physical venue such as a pit at the CME or an electronic network such as Globex), they don't actively seek out or find buyers and sellers to pair them together. The exchanges enable this process through an order book. As a futures trader you may submit one of two types of order to an exchange: Market Order - this is sent to the exchange and is filled immediately by being paired with a limit order.   Limit Order - this is placed on the books of the exchange at the price you specify. If other participants enter opposing market orders at this price, then their market order will be paired with your limit order. In your example, trader B wishes to close his long position. To do this he may enter a market sell order, which will immediately close his position at the lowest possible buy limit price, or he may enter a limit sell order, specifying the price at or above which he is willing to sell. In the case of the limit order, he will only sell and successfully close his position if his order becomes the lowest sell order on the book. All this may be a lot easier to understand by looking at a visual image of an order book such as the one given in the explanation that I have published here: Stop Orders for Futures Finally, not that as far as the exchange is concerned, there is no difference between an order to open and an order to close a position. They're all just 'buy' or 'sell' orders. Whether they cause you to reduce/exit a position or increase/establish a position is relative to the position you currently hold; if you're flat a buy order establishes a new position, if you're short it closes your position and leaves you flat."}
{"_id": "121160", "title": "", "text": "You should invest your money. To figure out what rate of return you need, use this equation: (How Much Money You Want Per Year) / (Total Amount of Cash You Have) = (Annualized Interest Rate) If we plug in the amount of annualized interest you can expect to safely get while not managing your money personally, 2% by my estimate, we get X / 1.2m = 0.02%; X=24K/year A measly $24,000 / year.  Many people say that you can get 10, 12, even 30% return on your investment. I won't speculate  on if this is true, but I will guarantee that you cannot get those returns simply by handing your money over to a money manager. So your options are, 1) Earn a guaranteed $24,000 and earn the rest you need to live by working 2) Learn to invest your money (and then do so intelligently) and earn enough to live off the interest To learn how to invest your money, read Beating the Street, by Peter Lynch. https://www.amazon.ca/Beating-Street-Peter-Lynch/dp/0671891634 Good luck!"}
{"_id": "121161", "title": "", "text": "Borrow money and start a business.  Follow your business plan and invest in yourself and your entrepreneurship. If you mean invest in the market, do not borrow money.  In your plan, you are willing to make payments right?   There are lots of things you can do better, but borrowing money to invest in the market for a couple of years is not one of them.  Investing is boring, saving is boring, and planning your financial future is boring.  It takes a consistent effort and you aren't going to get rich quick."}
{"_id": "121162", "title": "", "text": "\"How soon can we get the AI systems to focus on finding ways to make faster chips with more efficient manufacturing processes? That's when things get really interesting. I think it might shatter Moore's Law.   When the AI designs the optimal manufacturing processes, that will be a good day. Of course, that will probably mean the AI will design it's own robots to do the manufacturing, and it would code the robots, so technically, it would be building it's own \"\"body.\"\" And that's how we get Terminators. Note to self... invest in EMP manufacturing companies.\""}
{"_id": "121169", "title": "", "text": "Taxation of the rich is slightly different than laws about a lot of the things you mention.   I'm not gay and have nothing against gay getting married (and getting the same rights as other married couples)  I don't use drugs, but have nothing against legalizing drugs (it has worked wonders in Portugal the last 10-15 years)  What I DO find strange is, that rich people are NOT expected to pay the same _percentage_ of their income as poor people .. regardless of the amount they end up paying."}
{"_id": "121187", "title": "", "text": "An S-corp doesn't pay income tax -- taxation is pass-through.  This being the case, there are no tax deductions it could take for charitable giving.  The solution would be for you to make the contribution out of your own pocket and then personally claim the deduction on your own taxes."}
{"_id": "121195", "title": "", "text": "What I am taking away from this comment and the reply to it is that a greater level of communication with the client to understand that what and how we support them so they have a greater level of respect for the work we do. Your work relies on the technology to function and as such we do make you money, because without us your crew can't work.   We have a number of clients who get that, but we also have a few that act extremely rudely to our staff when we are trying to help. The condescending attitude of how dare we not go faster, because they have important things to do gets tiring.   I would never see our doing our jobs as a favor to a client. We're in partnership in the business relationship."}
{"_id": "121206", "title": "", "text": "The type of day trading you have described is a form of gambling.  As with any type of gambling, sometimes you win.  Doesn't mean you are good at it or will win next time. As long as you clearly understand that you are doing it for fun, I think your current strategy is fine.  If bankruptcy is on the table, you need to stop now."}
{"_id": "121230", "title": "", "text": "\"Here are some things you want to look at for evaluating a bank or credit union for your regular spending accounts: Convenience.  Do they have a branch in a convenient location for you?  Do they have no-fee ATMs near you? Website.  If you are like me, you will spend more time on the bank's website than you do inside a branch.  Some bank's websites are great, some are terrible.  Unfortunately, this is generally difficult to evaluate until you actually get an account.  You want a website that is easy to use.  It should allow you to easily move money between your accounts, get instant lists of transactions, show you your monthly statements, and have a billpay feature that works well.  If you use budgeting software that interfaces online with your bank, you want to ensure that it works well with your bank. Fee structure.  Some banks will nickel-and-dime you to death.  Watch out for minimum balance fees and ATM fees.  Banks and credit unions usually have a fee schedule page on their website that lists every fee they charge, making it easy to compare different banks.   I would not be very concerned about interest rates for savings.  Currently, all savings accounts have a universally terrible interest rate.  Therefore, I wouldn't base my bank choice on the interest rate.  Sure, one might offer double the interest rate of another, but double \"\"next-to-nothing\"\" is still \"\"next-to-nothing.\"\"  When you accumulate enough savings that you want to start maximizing your earnings, you can look for a better rate at another bank to move your savings to, and you can keep your checking account at the bank with the best convenience and fee structure. In my limited experience, I have had better luck with credit unions than with banks when it comes to fees.\""}
{"_id": "121233", "title": "", "text": "A few things for you to consider: (1) Yes, if your average daily balance is lower [because you paid it off when you received your paycheck, then slowly used the card for the remainder of the month, until it's at the same balance next paycheck, vs just having the card at a flat $5k the whole month], you will accrue less interest, thereby allowing you to pay it off faster by reducing your interest payments.  BUT: (2) Carrying a balance on your credit card is a big financial no-no, and eliminating it should be an immediate priority for you. If there is anything you can do (step 1: budget your expenses and then track actuals to see where you stand - step 2: see what expenses you can reduce - step 3: see if you can increase your income - step 4: rebudget with your new goals, determine how long it would take to pay off the card, possibly considering consolidating/refinancing your debt at a lower interest rate) to pay it off faster, then do it. However (3) If you have absolutely zero cash on hand, then taking your paycheck and immediately paying down your credit card, and then relying on that card to pay for things until the next paycheck, puts you at risk of your available credit changing. ie: if you have 5k on the card, and pay it down to 4.25k, then what happens to you if the credit card company [because they view you as a risk, or for whatever other reason - including a temporary hold because of fraudulent activity at no fault of your own] reduces your available credit to 4.5k? Suddenly, you will only have $250 in available spending power until your next paycheck. Therefore it may be wise for you to hold onto some amount of cash that you do not touch except for emergencies, even before you pay off your credit card. I really recommend you search this site for other questions related to budgeting and credit cards. There are many good answers, and some of what I've said above is just opinion, so you shouldn't just take my word for it, you should try to become familiar with these topics yourself. Good luck!"}
{"_id": "121238", "title": "", "text": "Can confirm that. I only eat at places that accept it, no matter where I go. I know at least 20+ friends who do the same.  Consumers love it for the rewards and purchase protection. Their customer support is absolutely amazing also."}
{"_id": "121240", "title": "", "text": "The rest of the market knows when the dividends are paid out, and that will be reflected naturally in the share price. That's why there is no way to consistently beat the market. Because the market is other human beings, who's sum of knowledge is greater than any individual. Everything in the stock market boils down to this in one way or another."}
{"_id": "121253", "title": "", "text": "Food quality has decreased drastically. Vegetables taste like nothing today (I don't think you can find someone that can contradict that) and meat is pumped full of hormones.  What do you have against mutton? It's just sheep meat."}
{"_id": "121255", "title": "", "text": "I'm a retired stockbroker/Registered Investment Advisor. My initial discussions with prospects never had a fee.  Restricted stock is unsaleable without specific permission from the issuing company, and typically involves time specifc periods when stock can be sold and/or amounts of stock that can be sold. Not for DIY. Financial planners may be able to assist you, if they are conversant in restricted stock, though that's not a common situation for most clients. Any stockbroker at a major firm (Merrill Lynch, UBS, Royal Bank of Canada, Morgan Stanley, JP Morgan, etc.) will be knowledgeable and advise you (w/o charge) how to trade the stock. Always talk to more than one firm, and don't be in a hurry. If you feel comfortable with the discussion, you can pursue a deeper relationship. In my professional experience, clients valued service, accessibility, knowledge. Price was way down on the list; many of my clients were not wealthy people- they just needed help navigating a very confusing (and necessary) part of their lives. Good luck."}
{"_id": "121256", "title": "", "text": "&gt;You could even pull a cash figure from the income projection in the business plan you asked to see. You did ask for that, right? As well as the resumes from the founders and the name of the VC company so that you can check them out?  I guess this is my point - a fresh grad is unlikely to know how to evaluate this stuff, assuming they even know to ask for the things you mention. They also will be less likely to be in a position to be making a lot of demands of that nature. You act as if it's straightforward, when I don't think it is. OP was making the point that, as you rightly point out, you need to do a lot of due diligence and decide if it's the right thing, whereas in the popular culture there is a lot of glossing over of the failure cases, making people less likely to know that they need to be careful."}
{"_id": "121261", "title": "", "text": "one way or another, most posts here, and at /r/entrepreneur and /r/startups are about building/making something.  not me  my thoughts are about sales/marketing.  if I can **SEE** how sales/marketing will be achieved to success, now we have a **GO**"}
{"_id": "121262", "title": "", "text": "It doesn't matter if the buyer breaches the contract during the due diligence period, because most due diligence periods allow the buyer to breach the agreement without cause.  Unless there is due diligence money added to the contract (different from earnest money), then breaching the contract costs nothing to the buyer. This happened to me.  I learned the hard way:  until the due diligence period is over, the buyer can renege without consequences.  It's one of the risks of being a seller."}
{"_id": "121275", "title": "", "text": "Buy high quality real leather yellow limited edition jacket for all Freddie Mercury fans out there! Dont forget to bookmark our website for future needs. Celeb Leather Jackets is the ultimate choice for all leather lovers! Order Now! Learn more info. check out here: https://celebleatherjackets.com/shop/freddie-mercury-yellow-jacket/"}
{"_id": "121293", "title": "", "text": "Dental Implant Recovery: What to Expect after Surgery  The treatment to embed dental inserts into your jawbone requires a little surgical technique. While Dr. Iskandar will play it safe to guarantee your surgery is a total achievement, you can hope to encounter some reactions, especially amid the initial couple of days after surgery. Before surgery happens, we will ensure you know precisely what's in store amid these initial couple of hours and days after treatment. Persistent instruction is especially vital to us at Radiance Dentistry, and Dr. Iskandar and our amicable dental group will guarantee you know what to look like after your mouth amid this underlying mending period.   Quickly AFTER SURGERY   Once the anesthesia has worn off, you may encounter some minor distress and you should relax for whatever remains of the day. This can typically be controlled with over-the-counter painkillers, or we can recommend a remark you feel great. On the off chance that you had a solitary dental embed, it's normal to encounter practically nothing, if any uneasiness and you ought to be all around ok to come back to work the following day. Dental Implant Recovery Basic symptoms after surgery include:   Agony or Discomfort   This can typically be controlled with over-the-counter painkillers, or we can recommend you a remark you feel good. Dental Implant Recovery On the off chance that you simply had a solitary dental embed, it's normal to encounter practically nothing, if any uneasiness and you ought to be all around ok to come back to work the following day.   Draining or Oozing   Amid the main day or two after surgery, it's very ordinary to encounter some minor overflowing from the surgery site or even some light dying. We will furnish you with some dressing packs that you can put specifically on the surgical site. Apply delicate yet firm weight to the bandage until the point when the draining stops. On the off chance that vital, supplant the bandage after at regular intervals or somewhere in the vicinity. In the event that you are at all stressed that the draining is over the top, or in the event that it won't stop, please contact our dental office quickly.   Swelling and Bruising   The primary day after surgery, please utilize an icepack and apply it to the outside of your mouth to help limit any swelling and wounding. Apply the ice pack for 20 minute time spans, permitting 20 minutes rest in the middle of uses. After the principal day, you can change to utilizing sodden warmth, applying it for 20 minutes on and 20 minutes off. It can take a couple of days for any wounding and swelling to completely turn out.   Stick to Eating Soft Foods   Quickly after surgery, stick to eating delicate nourishments that don't require any biting. Great nourishment decisions incorporate frozen yogurt and yogurt, pureed potatoes, and pasta and soup. As the zone mends, you can continuously present harder sustenances, yet hold up a while before you attempt to eat anything extremely crunchy or which has heaps of seeds that could stall out around the surgery site.   Taking care of Your Oral Health   Instantly after surgery, ensure you tenderly brush whatever is left of your teeth however maintain a strategic distance from the surgery site. Dental Implant Recovery Try not to flush or spit for the principal day or so after surgery, however from the following day onwards it can be useful to utilize a warm salt water wash to keep your mouth perfect and agreeable. We may likewise endorse an against microbial mouth wash to help keep your mouth clean amid this underlying mending period.   Dr. Iskandar will give you bunches of data on what's in store after embed surgery amid your underlying meeting. A great many people will discover recuperating snappy, agreeable and uneventful, however in the event that you are ever stressed, please contact Radiance Dentistry as our neighborly dental group is here to help you.   About US: https://radiancedentistry.com/dental-implants/recovery/ - Dr. Iskandar is a certified restorative and cosmetic dentistry specialist and is licensed both as a general dentist and as a Prosthodontist. Dr. Iskandar obtained his DDS degree from Cairo University School Of Dentistry in 1998. Dr Iskandar holds a specialty in Prosthodontics and MSD (Masters of Science in Dentistry) obtained from Indiana University School of Dentistry in 2008. Dr. Iskandar is a Diplomate of international Dental Implants association since 2011.  CONTACT US: Radiance Dentistry Mounir Iskandar 2020 W Rochelle Rd  Irving, TX 75062 Phone : (972) 258-1702"}
{"_id": "121305", "title": "", "text": "We can go back and forth all day if this should be illegal, should there be qualifications, standards etc. The bigger issue at hand really is what qualifies as being able to live a basic standard of living in regards to income. Can we even define this? This is the core of the issue at hand. Does someone who was making 40k a year deserve it more or less than someone who was making 1mil a year? I don't know. I do know this, if i can make 100k a year and still live a great life with the ability to save enough to have enough stashed away for 6-8 mos of unemployment, why can't people making 1 million+? It should be rather apparent why people making 40k a year can't  do that as easy."}
{"_id": "121313", "title": "", "text": "Monsanto is a publicly traded company that trades under the ticker MON. The stock is owned by a wide range of owner around the world. The buyout offer from Bayer is an all cash offer. Bayer will buy all shares of MON at about $128/share. So if I owned 100 shares of MON, I would receive $12,800 or so for my shares. The deal has not yet been approved by regulators, which is why the stock price is hovering around $104/share today."}
{"_id": "121318", "title": "", "text": "It's doing a better job of the last non-socialist government.  The hilarious thing I see whenever I talk to Americans is that every socialist country is compared to the first world so it must suck. But there has never been a first world socialist country, and comparing Venezuela to other petro-states, like Saudi Arabia, Iran, Nigeria or Russia they are doing a marvelous job of not murdering the opposition and/or all their religious minorities."}
{"_id": "121322", "title": "", "text": "This could be the worst anecdote I've seen for a while. You've used Uber once and not used Lyft.   And I don't like Uber all that much but making a decision which company to work for based on a sign in bonus seems very short sighted."}
{"_id": "121334", "title": "", "text": "consider capital requirements and risk timeframes. With options, the capital requirements are far smaller than owning the underlying securities with stops. Options also allow one to constrain risk to a timeframe of ones own choosing (the expiration date of the contract). If you own or are short the underlying security, there is no time horizon."}
{"_id": "121340", "title": "", "text": "&gt;UPDATE II: Thanks to @world_first for spotting that the Drachma has now *been taken **of** Bloomberg*.  I see this on reddit on every comment page. Often, multiple times. Is this some new non-standard version of English? Or does the author not even know what he's writing?"}
{"_id": "121341", "title": "", "text": "It\u2019s also not coming out of the revenue from Amazon, ie money that could be used to pay workers. It\u2019s stock that derives it\u2019s value from what other people are willing to pay for it.   The Huffington post piece is ignorant of how the world works."}
{"_id": "121368", "title": "", "text": "\"Yes, the De Beers Group of Companies is a diamond cartel that had complete control of the diamond market for most of the 20th century. They still control a sizable portion of the market and their effort at marketing (particularly with the slogan \"\"A Diamond is Forever\"\") has done much to inflate the market for diamonds in our society. The intrinsic value of diamonds is much lower than the market prices currently reflect, but with the caveat that there is a rarity factor which does drive up the price of larger diamonds. The larger the diamond, the more likely it is to have flaws, so when it comes to diamonds that are 5 carats or greater, you are not as likely to see a new supply of diamonds disrupt the prices of those larger stones. Some other ways that high end jewelers and suppliers are differentiating themselves is by patenting a specific cut that they design. This is another barrier to entry that works to create some artificial price inflation. One common example is the Lucida cut sometimes referred to as the Tiffany cut. Diamonds can also be manufactured. The same carbon structure can be grown in a lab. These stones have the same carbon structure as natural diamonds but without the flaws and visible impurities. Most manufactured diamonds are used industrially, but processes have improved sufficiently to allow for gemstone quality synthetic diamonds. They sell at a decent discount, so that might be an option to consider if you want a substitute. In the years to come, you can expect prices for synthetic diamonds to continue to decrease which will probably put some further downward pressure on jewelers' prices.\""}
{"_id": "121381", "title": "", "text": "&gt;  We don't want to go back to the days when people carried 2 cell phones; one for work and one personal.  Most people still do this, and it's a valuable strategy for work/life balance.  As a security consultant, I feel an employee has no right to connect their own unsecured device to the corporate network. Your phone should be your phone, connected to your provider account and using your provider's 3g / H signal.  The only thing on corporate networks should be hardware that has been audited and provided by the company. Not only is this easier to secure, it also protects the employee from legal action as it is the company that has responsibility for securing the phone and computer they provide. They also are responsible for all the bills the work use of that phone entails."}
{"_id": "121382", "title": "", "text": "I think people are missing the most obvious thing.  The yearly rate increases are just part of the landlord schtick and it is good business for them.  My grandmother owned several large apartment complexes.  She would raise rates for any resident that had been there between 1-5 years by 5-7% a year.  Even when she had vacancies and property values didn't go up.  For the following reasons: So yes it is not only normal but just part of the business.  If there are better apartments for less money I suggest you move there.  Soon those other apartments will even out and if they are better they will be much more.  So if you see a gap take advantage of it.  If you would rather stay, then simply say you will not pay the increase.  There is no use arguing about why.  The landlord will either be OK with it or say no.  Probably the biggest factors include whether you will tell other tenants (or their perception if you would) and how good of a tenant/risk they feel you are."}
{"_id": "121384", "title": "", "text": "\"The thing is, there are people who may say they want the \"\"right\"\" to be free from having to pay for health care, but I guarantee you that if they, or say their kid, gets horribly injured and needs an ambulance or emergency room care, they'll expect to get those things whether or not they have enough money to pay for it.\""}
{"_id": "121388", "title": "", "text": "No you don't.  You remove the job in this country and send it to another.  People would mind less if they were given the option of following their job to the new country with its cost of living reduced with their new wage.  Probably few would take the option, but at least you would not be SOL."}
{"_id": "121392", "title": "", "text": "I have an idea: Let's make home loans for people who traditionally wouldn't have been able to afford them, package them up into large packages of many loans, then sell, as a super-safe investment, a portion of that package designed to absorb the least of the default risk.  The big investors will have a safe place to put their money; people will get houses they couldn't otherwise afford; and we'll get management fees from the former and high returns from the latter paying back their high-interest mortgages, satisfying the more-risky portion of the mortgage package that we're not selling (assuming not too many of them default, but that's unlikely, given that the housing market can only go up from here). Everyone wins!"}
{"_id": "121393", "title": "", "text": "\"I work in the legal services industry, selling these products for a competitor of theirs who shall remain nameless.  The LLC filing itself in most cases is a simple fill in the blank form. You can likely file yourself either online or through the mail, depending on the state. Only a handful require an original document.  You can apply for the EIN for free on the IRS website and usually have it within a few minutes. If you already have someone assisting with your annual LLC taxes you wouldn't need their services for that either. If their compliance kit involves any business licensing research, it may be worthwhile - but you can also order those services a la carte from vendors like LLX and BusinessLicenses.com.  What you're really paying for is the registered agent service - the address for public record with the state so they know where to send any service of process - and you're paying for the convenience of a \"\"one stop shop\"\" instead of handling all the legwork yourself.\""}
{"_id": "121408", "title": "", "text": "At t-shirt screen printing we have been trading for over 20 years.We have been screen printing for some of the largest suppliers of printed garments in the UK.We have recently decided to work directly with the public and companies and offer a fast,cheap and effective service direct."}
{"_id": "121414", "title": "", "text": "\"The simple answer might just be that the increased credit score you mentioned was enough to suddenly make you eligible for this lenders better rate, so maybe that's why you weren't able to get that low a rate before. Another option I can think of is that this particular bank offers these loans as a \"\"teaser rate\"\" to hopefully get more of your business later on. It's not exactly a loss leader I would think, given the non-existing deposit rates they're probably still able to make money on the spread but they might be able to undercut other banks enough to get their hooks into you. Figuratively speaking, of course. Of course in order to evaluate if it's worth switching to this deal, you'll also have to look at prepayment penalties and fees on your current loan. These extra costs might be enough to make the switch uneconomic.\""}
{"_id": "121418", "title": "", "text": "Volatility is a shitty metric and is sample dependent, What is more interesting is point recurrence, i.e. how many times has a certain point been touched in x time, you can make good day trading strategies off point recurrence (relative that is)."}
{"_id": "121445", "title": "", "text": "&gt; It would be hard to cut taxes in a way that didnt help the rich.   Cutting tax brackets that are *not the top tax bracket* is some kind of financial wizardry now?  I understand that still modestly cuts taxes for the rich, but good lord, this isn't complicated."}
{"_id": "121461", "title": "", "text": "One thing they do know is not to invest your money into something that's not useful, so they wouldn't go to college in the first place without the intention of finishing. Your logic is flawed. Never in history did someone go to college planning to drop out. It simply occurred through other circumstances."}
{"_id": "121462", "title": "", "text": "\"I'm not sure what is traditionally meant by \"\"Swiss-style monetary policy\"\" but lately it has meant the same thing as US monetary policy, or Japanese monetary policy, or Euro monetary policy: PRINT. Look how many Swiss Francs it takes to buy a currency that cannot be printed:  I'm not sure why they would be touting \"\"Swiss-style monetary policy\"\".   That hasn't been too stellar lately.\""}
{"_id": "121465", "title": "", "text": "\"Securities clearing and settlement is a complex topic - you can start by browsing relevant Wikipedia articles, and (given sufficient quantities of masochism and strong coffee) progress to entire technical books. You're correct - modern trade settlement systems are electronic and heavily streamlined.  However, you're never going to see people hand over assets until they're sure that payment has cleared - given current payment systems, that means the fastest settlement time is going to be the next business day (so-called T+1 settlement), which is what's seen for heavily standardized instruments like standard options and government debt securities. Stocks present bigger obstacles.  First, the seller has to locate the asset being sold & make sure they have clear title to it... which is tougher than it might seem, given the layers of abstraction/virtualization involved in the chain of ownership & custody, complicated in particular by \"\"rehypothecation\"\" involved in stock borrowing/lending for short sales... especially since stock borrow/lending record-keeping tends to be somewhat slipshod (cf. periodic uproar about \"\"naked shorting\"\" and \"\"failure to deliver\"\"). Second, the seller has to determine what exactly it is that they have sold... which, again, can be tougher than it might seem.  You see, stocks are subject to all kinds of corporate actions (e.g. cash distributions, spin-offs, splits, liquidations, delistings...)  A particular topic of keen interest is who exactly is entitled to large cash distributions - the buyer or the seller?  Depending on the cutoff date (the \"\"ex-dividend date\"\"), the seller may need to deliver to the buyer just the shares of stock, or the shares plus a big chunk of cash - a significant difference in settlement.  Determining the precise ex-dividend date (and so what exactly are the assets to be settled) can sometimes be very difficult... it's usually T-2, except in the case of large distributions, which are usually T+1, unless the regulatory authority has neglected to declare an ex-dividend date, in which case it defaults to standard DTC payment policy (i.e. T-2)... I've been involved in a few situations where the brokers involved were clueless, and full settlement of \"\"due bills\"\" for cash distributions to the buyer took several months of hard arguing. So yeah, the brokers want a little time to get their records in order and settle the trade correctly.\""}
{"_id": "121466", "title": "", "text": "for news, I go to [this news aggregater](http://drudgereport.com/), which is number one with a **billion** page views a month  notice below the links (3 columns) there are names of prominent people who write important articles.  clicking any of those takes you to their most recent works (many are daily)"}
{"_id": "121469", "title": "", "text": "Nah, this is a fluff piece designed to get people excited about real estate.  A good rule of thumb is that if a piece has a National Association of Realtors quote in it, it's good odds that that it's trying to promote buying and/or selling real estate and trying to get people excited about real estate.  If there's actually a shortage of supply relative to demand, which is what matters, I'd expect to see Case-Schiller housing price index increases (not just median sales price increases, which I see quoted a bit, as those are affected by what type of house is selling in larger numbers).  Let's go back and look at [YOY Case-Schiller for Los Angeles](http://www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/us/?indexId=spusa-cashpidff--p-us----).  Yup, looks like Los Angeles has seen a 4.8% drop over the course of the last year in the index.  Not exactly the sign of a booming housing market."}
{"_id": "121480", "title": "", "text": "A 15% discount is a 17.6% return. (100/85 = 1.176). For a holding period that's an average 15.5 days, a half month. It would be silly to compound this over a year as the numbers are limited.  The safest way to do this is to sell the day you are permitted. In effect, you are betting, 12 times a year, that the stock won't drop 15% in 3 days. You can pull data going back decades, or as long as your company has been public, and run a spreadsheet to see how many times, if at all, the stock has seen this kind of volatility over 3 day periods. Even for volatile stocks, a 15% move is pretty large, you're likely to find your stock doing this less than once per year. It's also safest to not accumulate too many shares of your company for multiple reasons, having to do with risk spreading, diversification, etc.  2 additional points -  the Brexit just caused the S&P to drop 4% over the last 3 days trading. This was a major world event, but, on average we are down 4%. One would have to be very unlucky to have their stock drop 15% over the specific 3 days we are discussing.  The dollars at risk are minimal. Say you make $120K/yr. $10K/month. 15% of this is $1500 and you are buying $1765 worth of stock. The gains, on average are expected to be $265/mo. Doesn't seem like too much, but it's $3180 over a years' time. $3180 in profit for a maximum $1500 at risk at any month's cycle."}
{"_id": "121490", "title": "", "text": "I don't think that you will be able to find a list of every owner for a given stock. There are probably very few people who would know this. One source would be whoever sends out the shareholder meeting mailers.  I suspect that the company itself would know this, the exchange to a lesser extent, and possibly the brokerage houses to a even lesser extent. Consider these resources:"}
{"_id": "121503", "title": "", "text": "Get it in writing from the debt collector first that there will be a pay for deletion.  This is the most fail safe way that I know to get a collections debt completely removed from a credit report, and also without the chance of it being put back on the report by another agency."}
{"_id": "121505", "title": "", "text": "First, check with your lender to see if the terms of the loan allow early payoff.  If you are able to payoff early without penalty, with the numbers you are posting, I would hesitate to refinance. This is simply because if you actually do pay 5k/month on this loan you will have it paid off so quickly that refinancing will probably not save you much money. Back-of-the-napkin math at 5k/month has you paying 60k pounds a year, which will payoff in about 5 years.  Even if you can afford 5k/month, I would recommend not paying extra on this debt ahead of other high-interest debt or saving in a tax-advantaged retirement account. If these other things are being taken care of, and you have liquid assets (cash) for emergencies, I would recommend paying off the mortgage without refinancing."}
{"_id": "121527", "title": "", "text": "I don't think that's DRM.  That's just the buggy app/service.  We couldn't get it to stream off our phones for ages.  Streaming off a laptop would work.  That bit of the app has gotten better on our phones, but it is still buggy as hell, and the interface is garbage."}
{"_id": "121543", "title": "", "text": "My wife and I meet in the first few days of each month to create a budget for the coming month. During that meeting we reconcile any spending for the previous month and make sure the amount money in our accounts matches the amount of money in our budget record to the penny. (We use an excel spreadsheet, how you track it matters less than the need to track it and see how much you spent in each category during the previous month.)  After we have have reviewed the previous month's spending, we allocate money we made during that previous month to each of the categories. What categories you track and how granular you are is less important than regularly seeing how much you spend so that you can evaluate whether your spending is really matching your priorities. We keep a running total for each category so if we go over on groceries one month, then the following month we have to add more to bring the category back to black as well as enough for our anticipated needs in the coming month. If there is one category that we are consistently underestimating (or overestimating) we talk about why. If there are large purchases that we are planning in the coming month, or even in a few months, we talk about them, why we want them, and we talk about how much we're planning to spend. If we want a new TV or to go on a trip, we may start adding money to the category with no plans to spend in the coming month. The biggest benefit to this process has been that we don't make a lot of impulse purchases, or if we do, they are for small dollar amounts. The simple need to explain what I want and why means I have to put the thought into it myself, and I talk myself out of a lot of purchases during that train of thought. The time spent regularly evaluating what we get for our money has cut waste that wasn't really bringing much happiness. We still buy what we want, but we agree that we want it first."}
{"_id": "121550", "title": "", "text": "\"Really? Because, the funniest thing just happened, I just scoured their news (undoubtedly more than you have done in consideration). Rather than finding just \"\"uniform crap,\"\" there are actually a few good investigative stories, like [this one](https://news.vice.com/story/weed-fraud-are-you-getting-cheated) about cannabis testing labs corruptly falsifying THC content to increase the value of crops. That isn't poorly investigated. That's not from a wire service. That's decent investigative reporting.  You really shouldn't talk about things when you clearly don't put yourself in a position to be informed on the topic. You're just espousing unhelpful ignorance. Oh, and also thanks for the downvote, which you broke the rules of this subreddit giving, since my comment clearly contributes to a discussion (that you decided to join). Although, I don't really care about upvotes or downvotes, so feel free to give me another. Or two. Or three. IDC you little twerp.\""}
{"_id": "121551", "title": "", "text": "\"You owe taxes to the state where you earned the income, and also to the state where you physically live. Most, maybe all, states have laws that let you claim credits for taxes paid to other states so that you're not paying double taxes by living in one state while working in another. Most states have deals with all their neighboring states so that you only have to file taxes in one. For example, I live in Michigan, and Michigan borders Ohio. Lots of people who live near the border live in one state but work in the other. So the two have a deal that anyone who lives in Michigan but works in Ohio just has to file a Michigan tax return and pay Michigan taxes, and anyone who lives in Ohio and works in Michigan just has to pay Ohio taxes. Oh, I should note that these adjacent state deals apply only to employment income, not business income. If you own a business in another state, you'll still have to file taxes in that state. You still should get tax credits in your residence state. In general the fact that you use a server in another state doesn't make you liable for taxes in that state. I understand that New York says that if you work from home and the company headquarters is in New York, you have to pay New York taxes. Maybe there are a few other states who do this. But just because a server is in their state? I've never heard of this. If I order business supplies that are shipped from a warehouse in Arizona, that doesn't make me liable for Arizona income taxes, etc.  You are legally a \"\"resident\"\" of the state where you actually live. If you have a home and live in it most of the time, then you are a resident of the state where that home is. A \"\"home\"\" doesn't have to be a house. It could be an apartment, an RV that you live in in a trailer park, a tent, etc. If you don't own any sort of fixed home and you travel around a lot, this could be tricky. You mentioned Oklahoma. Oklahoma defines \"\"resident\"\" as follows:  An Oklahoma resident is a person domiciled in this state for the entire tax year. \u201cDomicile\u201d is the place established as a person\u2019s true, fixed, and permanent home. It is the place you intend to return whenever you are away (as on    vacation abroad, business assignment, educational leave or military assignment). A domicile, once established, remains until a new one is adopted. (https://www.ok.gov/tax/documents/511NRPkt-14.pdf) I'm not sure that that clears things up for you. You can't just pick a state with low taxes and claim that as your residence. No way is the state where you actually live going to accept that. If you are in an ambiguous situation, like you spend 6 months per year in state A and 6 months in state B and you have no fixed home in either -- maybe you stay at motels or live in your minivan -- you might get away with picking the state with the most favorable tax laws as your residence. But if you spend 7 months in state A and 5 months in state B, state A will almost surely claim you are a resident and owe them taxes. If you regularly wander the country, never spend more than a few days in any one place, and rarely come back to the same place twice, then you have a complicated situation and you probably need to talk to a tax lawyer.\""}
{"_id": "121559", "title": "", "text": "This is generally wrong. For the vast majority of the time that underqualified alt-a and option-arm mortgages were being written, Fannie and Freddie were not buying, and they were never huge holders of these mortgages. Fannie and Freddie have minimum qualifications standards. However, as time went on, Fannie and Freddie did load up on the securities (not the mortgages), which were of course still problematic.   But the liquidity crunch of 08 was not substantially contributed to by Fannie and Freddie."}
{"_id": "121560", "title": "", "text": "The best thing for you to do will be to start using the Cash Flow report instead of the Income and Expense report. Go to Reports -> Income and Expense -> Cash Flow Once the report is open, open the edit window and open the Accounts tab.  There, choose your various cash accounts (checking, saving, etc.).  In the General tab, choose the reporting period.  (And then save the report settings so you don't need to go hunting for your cash accounts each time.) GnuCash will display for you all the inflows and outflows of money, which appears to be what you really want. Though GnuCash doesn't present the Cash Flow in a way that matches United States accounting rules (with sections for operating, investing, and financial cash flows separated), it is certainly fine for your personal use. If you want the total payment to show up as one line on the Cash Flow report, you will need to book the accrual of interest and the payment to the mortgage bank as two separate entries. Normal entry for mortgage payments (which shows up as a line for mortgage and a line for interest on your Cash Flow): Pair of entries to make full mortgage payment show up as one line on Cash Flow: Entry #1:  Interest accrual Entry #2:  Full mortgage payment (Tested in GnuCash 2.6.1)"}
{"_id": "121566", "title": "", "text": "It doesn't hurt to pencil out the details starting with a sales projection. Doing anything without a plan increases the odds of failure. Putting it in writing creates a sharable vision. I've put together multi-page business plans (40-50 pages - very pretty). The best one I have is one page, hand written and I keep it with me practically all the time, tweeking it."}
{"_id": "121589", "title": "", "text": "To answer your precise question, your plans are not at all misguided, and are in fact very reasonable. You are clearly financially very comfortable, and from the tone of your post it sounds like you value security and simplicity over maximizing your investment return over the coming years.  If money was the most important thing to you then you would stay shackled to your high paying jobs. @JoeTaxpayer's answer has some great information for a person who is interested in maximizing their investment return.  If you followed that advice, you might increase your return on investments by up to 1%/year (I'm just throwing a ball park number out there). So your choice is simple.  Peace of mind on one hand and perhaps 1% additional return on investments on the other hand."}
{"_id": "121590", "title": "", "text": "\"There are many flaws with your idea. Say I want to borrow $225,000.00 to accrue interest on a 1.20% APY   account. I promise ... that I cannot withdraw nor touch the   account by legal contract. If you break the contract and lose the money, the lender is out the money. They can take you to court and will win, but if you don't have the money, then they don't get paid. (You can't squeeze water out of a rock even if a judge orders you to.) By sharing the interest with me on a loan, they keep a percentage that they'd normally get... If you're \"\"investing\"\" the money at 1.2%, and the lender gets some amount less than that, then they are getting much less than they \"\"normally\"\" get. Lenders typically get somewhere from 5-15% on loans. The money can also be used to fund a stock/trading account. Regardless of whether I profit, I pay interest on the loan and split the profit shares 24/7. How can the lender lose with legal enforcing? Again, if you lose the money, no amount of legal enforcing can force you to pay money that you don't have. Even if you go to jail for fraud the lender still doesn't get paid. Simply, no bank would ever agree to this.\""}
{"_id": "121595", "title": "", "text": "In less than two decades, more than half of all publicly traded companies have disappeared. There were 7,355 U.S. stocks in November 1997, according to the Center for Research in Security Prices at the University of Chicago\u2019s Booth School of Business. Nowadays, there are fewer than 3,600.  A close look at the data helps explain why stock pickers have been underperforming. And the shrinking number of companies should make all investors more skeptical about the market-beating claims of recently trendy strategies.  Back in November 1997, there were more than 2,500 small stocks and nearly 4,000 tiny \u201cmicrocap\u201d stocks, according to CRSP. At the end of 2016, fewer than 1,200 small and just under 1,900 microcap stocks were left.  Most of those companies melted away between 2000 and 2012, but the numbers so far show no signs of recovering.  Several factors explain the shrinking number of stocks, analysts say, including the regulatory red tape that discourages smaller companies from going and staying public; the flood of venture-capital funding that enables young companies to stay private longer; and the rise of private-equity funds, whose buyouts take shares off the public market.  For stock pickers, differentiating among the remaining choices is \u201can even harder game\u201d than it was when the market consisted of twice as many companies, says Michael Mauboussin, an investment strategist at Credit Suisse in New York who wrote a report this spring titled \u201cThe Incredible Shrinking Universe of Stocks.\u201d  That\u2019s because the surviving companies tend to be \u201cfewer, bigger, older, more profitable and easier to analyze,\u201d he says \u2014 making stock picking much more competitive.  Consider small-stock funds. Often, they compare themselves to the Russell 2000, an index of the U.S. stocks ranked 1,001 through 3,000 by total market value. \u201cTwenty years ago, there were over 4,000 stocks smaller\u201d than the inclusion cutoff for the Russell 2000, says Lubos Pastor, a finance professor at the University of Chicago. \u201cThat number is down to less than 1,000 today.\u201d  So fund managers have far fewer stocks to choose from if they venture outside the index \u2014 the very area where the best bargains might be found. More money chasing fewer stocks could lead some fund managers to buy indiscriminately, regardless of value.  Eric Cinnamond is a veteran portfolio manager with a solid record of investing in small stocks. Last year, he took the drastic step of shutting down his roughly $400 million mutual fund, Aston/River Road Independent Value, and giving his investors their money back.  \u201cPrices got so crazy in small caps, I fired myself,\u201d he says. \u201cMy portfolio was 90% in cash at the end, because I couldn\u2019t find anything to buy. If I\u2019d kept investing, I was sure I\u2019d lose people their money.\u201d  He adds, \u201cIt was the hardest thing I\u2019ve ever done professionally, but I didn\u2019t feel I had a choice. I knew my companies were overvalued.\u201d  Mr. Cinnamond hopes to return to the market when, in his view, values become attractive again. He doesn\u2019t expect recent conditions to be permanent.  The evaporation of thousands of companies may have one enduring result, however \u2014 and it could catch many investors by surprise.  Most research on historical returns, points out Mr. Mauboussin, is based on the days when the stock market had twice as many companies as it does today. \u201cWas the population of companies so different then,\u201d he asks, \u201cthat the inferences we draw from it might no longer be valid?\u201d  So-called factor investing, also known as systematic or smart-beta investing, picks hundreds or thousands of stocks at a time based on common sources of risk and return. Among them: how big companies are, how much their shares fluctuate, how expensive their shares are relative to asset value and so on.  But the historical outperformance of many such factors may have been driven largely by the tiniest companies \u2014 exactly those that have disappeared from the market in droves.  Before concluding that small stocks or cheap \u201cvalue\u201d stocks will outrace the market as impressively as they did in the past, you should pause to consider how they will perform without the tailwinds from thousands of tiny stocks that no longer exist.  The stock market has more than tripled in the past eight years, so the eclipse of so many companies hasn\u2019t been a catastrophe. But it does imply that investing in some of the market\u2019s trendiest strategies might be less profitable in the future than they looked in the past."}
{"_id": "121598", "title": "", "text": "I guess it's hard because he knows that I have a chronic health condition that causes fatigue (it nearly killed me last year) and he used that as a basis for why he deserves more equity in the long run. I just didn't want that to be the reason because it sucks mentally.  But like I can be really productive at night when all is calm or early morning, but I'm more of a night owl."}
{"_id": "121621", "title": "", "text": "\"As a contractor, I have done this exact calculation many times so I can compare full time employment offers when they come. The answer varies greatly depending on your situation, but here's how to calculate it: So, subtracting the two and you get I've run many different scenarios with multiple plans and employers, and in my situation with a spouse and 1 child, the employer plans usually ended up saving me approximately $5k per year. So then, to answer your question: ...salary is \"\"100k\"\", \"\"with healthcare\"\", or then \"\"X\"\" \"\"with no healthcare\"\" - what do we reckon? I reckon I would want to be paid $5K more, or $105K. This is purely hypothetical though and assumes there are no other differences except for with or without health insurance. In reality, contractor vs employee will have quite a few other differences. But in general, the calculation varies by company and the more generous the employer's health benefits, the more you need to be compensated to make up for not having it. Note: the above numbers are very rough, and there are many other factors that come into play, some of which are: As a side note, many years ago, during salary talks with a company, I was able to negotiate $2K in additional yearly salary by agreeing not to take the health insurance since I had better insurance through my spouse. Health insurance in the US was much cheaper back then so I think closer to $5K today would be about right and is consistent with my above ballpark calculation. I always wondered what would have happened if I turned around and enrolled the following year. I suspect had I done that they could not have legally lowered my salary due to my breaking my promise, but I wouldn't be surprised if I didn't get a raise that year either.\""}
{"_id": "121622", "title": "", "text": "\"BigCo is selling new shares and receives the money from Venturo. If Venturo is offering $250k for 25% of the company, then the valuation that they are agreeing on is a value of $1m for the company after the new investment is made.  If Jack is the sole owner of one million shares before the new investment, then BigCo sells 333,333 shares to Venturo for $250k.  The new total number of shares of BigCo is 1,333,333; Venturo holds 25%, and Jack holds 75%. The amount that Jack originally invested in the company is irrelevant.  At the moment of the sale, the Venturo and Jack agree that Jack's stake is worth $750k.  The value of Jack's stake may have gone up, but he owes no capital gains tax, because he hasn't realized any of his gains yet.  Jack hasn't sold any of his stake.  You might think that he has, because he used to hold 100% and now he holds 75%.  However, the difference is that the company is worth more than was before the sale.  So the value of his stake was unchanged immediately before and after the sale. Jack agrees to this because the company needs this additional capital in order to meet its potential. (See \"\"Why is stock dilution legal?\"\") For further explanation and another example of this, see the question \"\"If a startup receives investment money, does the startup founder/owner actually gain anything?\"\" Your other scenario, where Venturo purchases existing shares directly from Jack, is not practical in this situation.  If Jack sells his existing shares, you are correct that the company does not gain any additional capital.  An investor would not want to invest in the company this way, because the company is struggling and needs new capital.\""}
{"_id": "121664", "title": "", "text": "Rather than question the source, question the event, two North Korean ICBMs flew over Japan, in spite of THAD deployments, neither was intercepted.  What were they waiting for, as a missile from a hostile country flew thorough their air space, a mushroom? . . obviously it was a threat and should have been intercepted.  It certainly begs an answer, because it seems they were quite helpless and this article makes some very valid points."}
{"_id": "121690", "title": "", "text": "All but certainly, Mitsubishi is selling so cheaply because of the fuel scandal. It has been providing false fuel efficiency data for decades. As a result, it may face significant penalties and may have lost the trust of consumers, who will now be less likely to purchase a Mitsubishi vehicle. Nissan is taking a controlling stake in Mitsubishi. This is important news for the company, too. The stock price reflects the consensus of investors on how significant these issues are. It's quite possible the stock will recover over the next few years, in which case it's a bargain at the moment. On the other hand, it's quite possible the company will never recover."}
{"_id": "121716", "title": "", "text": "\"No... that's just what I'm owed for letting them use my principal.  If I wanted to enjoy the opportunity cost of 0% interest for 13 plus years, I'd just keep the money in my \"\"savings\"\" account (where the 8th wonder of world, miracle of compound interest no longer exists).   The bigger question posited by my snark was if/when the bond market will stop trading them as legitimate paper.\""}
{"_id": "121717", "title": "", "text": "Waiters are only 1 type of employee in a restaurant. If you work full time ANYWHERE doing ANYTHING you should afford rent and bills with a tiny bit left over. If not, you are by definition a slave. When all of your labor is spent on your mere existence, that is slavery."}
{"_id": "121731", "title": "", "text": "What do you think Proposition 13 was in California?  It was a protest against property taxes that where paying for the California State education system, at the the time, one of best in the world, providing State funded education from kindergarten to University."}
{"_id": "121744", "title": "", "text": "Dude, pitch deck is a hygiene factor. You need it. They're really hard to do right. It's hard to get the op to 'sell' without the deck in the first place. You might not get meetings.  Yes, if you have the connections and massive energy then you 'can' hustle through... but you need to follow the rules of the game if you want to win. Front's deck is one of the best. I've the largest public collection online (~90). It's easily the most common one I recommend to people (yes, it can be better). Linkedin with Reid's commentary is of course the most informative.   Do you know what the search volume is on pitch decks? Mine get literally millions of views a year according to slideshare and I've never marketed them. Founders want to see these decks"}
{"_id": "121745", "title": "", "text": "&gt; There are growing signs that the business of high-speed trading, or electronic market-making as it is sometimes called, is shrinking because of the steadily declining volume on the world\u2019s stock exchanges over the last four years.  Why is it shrinking? Less trading or more OTC and dark pools?"}
{"_id": "121759", "title": "", "text": "You're completely right. They absolutely have an interest in these things. That's why we should reign in Washington, strip it of its power to play favorites.  If government is allowed to stack the deck, its the people who end up losing. How often do politicians really fulfill their campaign promises? Rarely, if ever."}
{"_id": "121765", "title": "", "text": "The short answer: it depends. The long answer.. Off the top of my head, there are quite a number of factors that an analyst may look at when analyzing a stock, to come up with a recommendation.  Some example factors to look at include: The list goes on.  Quite literally, any and all factors are fair game for a recommendation.  So, the question isn't really what analysts do with financial data, it is what do analysts do with financial data that meets your investment needs? As an example, if you have two analysts, one who is focused on growth stocks, and one who is focused on dividend growth, they may have completely different views on a company.  If both analysts were to analyze Apple (AAPL) 5 years ago, the dividend analyst would likely say SELL or at the most HOLD, because back then Apple did not have a dividend.  However, an analyst focused on growth would likely have said BUY, because Apple appeared to be on a clear upward trend in terms of growth.  Likewise, if you have analysts who are focused on shorting stocks, and ones who are focused on deep value investing, the sell analyst may be selling SELL because they are confident the stock will go down in price, so you can make money on the short position.  Conversely, the deep value investor may be saying BUY, because they believe that based on the companies strong balance sheet, and recent shake-ups in management the stock will eventually turn around.  Two completely different views for the same company: the analyst focused on shorting is looking to make money by capitalizing on falling share price, while the analyst focused on deep value is looking for unloved companies in a tailspin whom s/he believe will turn around, the thesis being that if you dollar-cost-average as the price drops, when it corrects, you'll reap the rewards. That all said, to answer the question about what analysts look for: So really, you should be looking for analysts who align with your investment style, and use those recommendations as a starting point for your own purchases.  Personally, I am a dividend investor, so I have passed many BUY recommendations from analysts and my former broker because those were based on growth stories.  That does not mean that the analysts, my former broker, or myself, are wrong.  But we were all incorrect given the context of how I invest, and what they recommend."}
{"_id": "121780", "title": "", "text": "This sounds wonderful, and you sure are better at life than I am, but it's just not working right now at the country-wide level.  You and your friends are not part of the problem.  But the 30% or so profits made by the financial sector are just rents--[extra costs the rest of us have-nots have to fork over to the haves](http://blogs.reuters.com/felix-salmon/2011/03/30/chart-of-the-day-us-financial-profits/).  [Businesses have also been making sky-high profits and just sitting on the money](http://www.minnpost.com/eric-black-ink/2011/04/business-profits-soar-not-much-trickles-down-unemployed).  I don't see the reinvestment.  I just see a catch-phrase with no substance behind it."}
{"_id": "121797", "title": "", "text": "Why on Earth would you get a MBA without experience.  Gl getting anything post MBA without internships or job experience.  This market is incredibly easy to find work.  I didn't even graduate with a finance degree and I found a financial services job.  Also many jobs help pay for the mba"}
{"_id": "121798", "title": "", "text": "\"It's called a \"\"Pyramid scheme\"\". Its illegal in almost every country of the Western world. You're not going to earn lifetime income, of course, and these things collapse pretty quickly. Most of the \"\"common folks\"\" don't return the investment, its the organizers who take the money. Sometimes they run, most times they end up in jail. The way these schemes work is that they pay the early \"\"investors\"\" from the fees paid by new \"\"investors\"\". As long as a steady stream of new people keep signing up and paying into it those who got in very early make money. The idea is based on the geometric procession of each new person signing up two or more people, and those people doing the same. Pretty quickly at that rate you need to sign up every human being on the planet to keep the new money flowing in to make it work, which obviously is not realistic. Ultimately a small % of the people (if they can stay out of jail) will make a big amount of money the vast majority of \"\"investors\"\" get stiffed.\""}
{"_id": "121808", "title": "", "text": "I swore off mcds back in 2002 have not had it since ex eat for breakfast but even places like chicken a FIL have them beat.  Shitty food made by shitty people, sorry but the people at chick a FIL  are much nicer and it improves the experience a lot"}
{"_id": "121811", "title": "", "text": "\"Oh!  Well, on that mark, we are in agreement!  But we need to get to the source of the issue so we can correct it properly, rather than blanketing it as \"\"the government\"\".  Sources of issues:  1)  Lobbyists for special interests can actually push through garbage bills due to lack of knowledge by, and financial influences over, congress.  2)  Regulation groups are also infested with Lobbyists and special interest groups whose goals are counter to the regulating.  Regulators are being financially influenced as well.  3)  Voting is manipulated by Gerrymandering and inadequate voting systems.  First Past the Post removes choice from the voters in favor of the preferences of a \"\"faux\"\" two part system.  4)  Bills that already disrupt the healthy economic working of the nation are already in place and causing damage.  Things like the Post Office need revamped to foster competition rather than stifle it.  What else am I missing in this list?\""}
{"_id": "121820", "title": "", "text": "##Keating Five The Keating Five were five United States Senators accused of corruption in 1989, igniting a major political scandal as part of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators \u2013 Alan Cranston (Democrat of California), Dennis DeConcini (Democrat of Arizona), John Glenn (Democrat of Ohio), John McCain (Republican of Arizona), and Donald W. Riegle, Jr. (Democrat of Michigan) \u2013 were accused of improperly intervening in 1987 on behalf of Charles H. Keating, Jr., Chairman of the Lincoln Savings and Loan Association, which was the target of a regulatory investigation by the Federal Home Loan Bank Board (FHLBB). The FHLBB subsequently backed off taking action against Lincoln.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"_id": "121822", "title": "", "text": "Pot can affect competency. You are naive and biased to believe otherwise.   You argue that it never could cause problems. This is because YOU have never seen it happen.   The problem is you then discount any observations which go against what you have seen and been told by others. Others who have a vested interest in legalizing pot in all ways.   I know people who function just fine after a period of time from smoking.   I also know and have known  people who don't. Who prior to smoking pit where very timely and efficient at their jobs, then after starting to smoke became lazy and uncaring during work. With most, the ONLY thing that changed was they started smoking pot.   So you go ahead and avoid truths because you do not like them."}
{"_id": "121832", "title": "", "text": "\"IRA distributions are reported on line 15b on the standard form 1040.  That is in the same Income section as most of your other income (including that 1099 income and W2 income, etc.).  Its income is included in the Line 22 \"\"Total Income\"\", from which the Personal Exemption (calculated on 6d, subtracted from the total in line 42) and the Standard Deduction (line 40 - also Itemized Deduction total would be here) are later reduced to arrive at Line 43, \"\"Taxable Income\"\". As such, yes, he might owe only the 10% penalty (which is reported on line 59, and you do not reduce this by the deductions, as you surmised).\""}
{"_id": "121835", "title": "", "text": "I think this could be changed quickly if they were forced to participate in the markets.  Sadly I spent 3 years of my bachelors degree in finance studying EMH. Only in my last year, in two classes we covered the disiquilibrium."}
{"_id": "121860", "title": "", "text": "\"idea that somehow people will take a lower income job and automatically grow into a higher paying one.  It doesn't happen automatically. But it does happen all the time. It's climbing the corporate ladder if you will.   \"\"leads to trying to have a workforce that's minimum wage with little room for growth\"\"  Simply untrue at most successful companies. If you provide value, they pay you what your worth or you jump (if you are smart enough). I see it all the time.   Minimum wage may or may not have kept up with inflation, by that's like saying working at McDonald's only affords me such and such lifestyle. Defined circumstances are required to solve the problem. Inflation isn't directly solved by upping the minimum wage so move on to a better solution.   \"\"Jobs a worthy cry but can't be only metric to ensure people have opportunity to live decently\"\".   Jobs are the opportunity. Where there is specific abuse in the workplace denying people equal job opportunity, we fight it. If you don't pay me enough, and I am forced to work for you... that's called indentured servitude which is an abuse and illegal as humans are property in such a case. But if you force me to pay you more than I want to, somehow that's okay? Goes both ways. Leave to a company that pays you what your worth if I don't pay you enough. This is how the most people grow over time to better salaries and more prestigious titles.  \"\"Lots of college grads with low paying jobs\"\"  Define \"\"low paying\"\". I'm a college grad. Wife is too. Lots of people I know are. What $ we make varies greatly from person to person based largely upon the opportunities we created/took not because of a mandated min wage.\""}
{"_id": "121866", "title": "", "text": "I'm going to be buying a house / car / home theater system in the next few months, and this loan would show up on my credit report and negatively impact my score, making me unable to get the financing that I'll need."}
{"_id": "121884", "title": "", "text": "\"Rick Wagoner may disagree with you- he was the CEO of GM, before Obama made the decision to \"\"dismiss\"\" him. So yes, it is absolutely possible and a reality to have a President make a choice like this. All of the workers for GM were affected by this decision, and the unions were obviously flummoxed.  [Here's an article](http://www.nationalpost.com/opinion/columnists/story.html?id=b4f1a67a-636c-4479-b6ec-6d5420529740) outlining what happened. The circumstances are different, but the possibility of a President having a direct effect over a business is quite real.\""}
{"_id": "121886", "title": "", "text": "\"The price of a company's stock at any given moment is established by a ratio of buyers to sellers.  When the sellers outnumber the buyers at a given price, the stock price drops until there are enough people willing to buy the stock to balance the equation again.  When there are more people wanting to purchase a stock at a given price than people willing to sell it, the stock price rises until there are enough sellers to balance things again.  So given this, it's easy to see that a very large fund (or collection of very large funds) buying or selling could drive the price of a stock in one direction or another (because the sheer number of shares they trade can tip the balance one way or another).   What's important to keep in mind though is that the ratio of buyers to sellers at any given moment is determined by \"\"market sentiment\"\" and speculation.  People selling a stock think the price is going down, and people buying it think it's going up; and these beliefs are strongly influenced by news coverage and available information relating to the company.  So in the case of your company in the example that would be expected to triple in value in the next year; if everyone agreed that this was correct then the stock would triple almost instantly.  The only reason the stock doesn't reach this value instantly is that the market is split between people thinking this is going to happen and people who think it won't.   Over time, news coverage and new information will cause one side to appear more correct than the other and the balance will shift to drive the price up or down.  All this is to say that YES, large funds and their movements CAN influence a stock's trading value; BUT their movements are based upon the same news, information, analysis and sentiment as the rest of the market.  Meaning that the price of a stock is much more closely tied to news and available information than day to day trading volumes.  In short, buying good companies at good prices is just as \"\"good\"\" as it's ever been.   Also keep in mind that the fact that YOU can buy and sell stocks without having a huge impact on price is an ADVANTAGE that you have.  By slipping in or out at the right times in major market movements you can do things that a massive investment fund simply cannot.\""}
{"_id": "121905", "title": "", "text": "\"As an absolute basic in life you always need 1 month's salary free and clear sitting in the bank. You do not have this. You don't even get to count that. It's what Napoleon would refer to as an \"\"iron reserve\"\": you have to have this. You actually won't even have this for some two or three months. Note that you have a staggering amount of debt. You have absolutely no assets. You own nothing. You have no savings. So at this point we can say \"\"Could your situation be any worse?\"\" and the answer is \"\"It could not be any worse.\"\" On the \"\"good things in your outlook\"\" side you have the idea that you probably have a job (it's unfortunate how you refer to it as \"\"will pay\"\" when you mean \"\"might pay\"\") but you're in perhaps the highest-expense, most-flakey economic zone on Earth.  Recall that i) every company eventually closes and ii) every job eventually ends. The next incredible problem you face is that I'm guessing you just have no clue how expensive it is to insure and run a car. Any ideas of buying anything more than a junker is a non-starter, but on top of that you're not realizing how expensive it is going to be for you to run a car. Disturbingly, you have a very poor idea of even how far it is you have to drive each day. The only realistic solution for you is to bike each day to work (buy the cheapest possible bike); become the \"\"eccentric guy\"\" who really focusses on health. Bike in for an hour, shower at the office or a nearby gym, enjoy your day and bike home. You'll need a backpack to carry your pack lunch, buy the cheapest backpack. Since it's LA, it may be impractical. You may literally need a car. In that case, your only solution is That's the only thing you can do.  Plain lean on your parents or relatives to borrow some old car and use that. (It will still cost you an awful lot of money to do so - repairs, tires, insurance, and everything else.) A reminder, You do not have your one-month \"\"iron reserve\"\". You have a staggering amount of debt. You have absolutely no assets. You own nothing. You have no savings. Additionally you live with the parents; you have a dream of a job (in one the highest-priced, most flakey regions) and \"\"job\"\" is another word for no security - jobs evaporate all the time for many reasons. Please be careful. Regarding a car, find a way to borrow one; offer to make a repair on it, say.  Don't spend one cent on anything your first six months at work, concentrate only on your job.  See where you are after six months.\""}
{"_id": "121920", "title": "", "text": "I'd say the opposite of hedging is speculating.  If you are convinced an asset will appreciate in value, or rather the probability of gains is enough to induce you to hold the asset, you are a speculator.  There are lots of ways of speculating, including holding risky assets without hedging that risk and possibly magnifying that risk and return via leverage or the embedded leverage in a derivative contract. Generally speaking, if in expectation you are paying to reduce your risk, you are a hedger.  If you are (in expectation) being paid to bear the risk that otherwise someone else would bear, you are a speculator.  The word speculation has been tainted by politicians and others trying to vilify the practice, but at the end of the day it's what we are all doing when we buy stock or any other risky asset."}
{"_id": "121929", "title": "", "text": "Comcast has 19 million subscribers. Neither you or I have any idea what the tipping point would be for Netflix subscriber loss before they went out of business,  but I guarantee you the threshold is well below 19 million. Expecting Netflix to take a principled stance like that is ridiculous."}
{"_id": "121997", "title": "", "text": "International Trade, the exchange of goods and services between nations. \u201cGoods\u201d can be defined as finished products, as intermediate goods used in producing other goods, or as raw materials such as minerals, agricultural products, and other such commodities. International trade commerce enables a nation to specialize in those goods it can produce most cheaply and efficiently, and sell those that are surplus to its requirements. Trade also enables a country to consume more than it would be able to produce if it depended only on its own resources. Finally, trade encourages economic development by increasing the size of the market to which products can be sold. Trade has always been the major force behind the economic relations among nations; it is a measure of national strength."}
{"_id": "122012", "title": "", "text": "In a taxable account you're going to owe taxes when you sell the shares for a gain. You're also going to owe taxes on any distributions you receive from the holdings in the account; these distributions can happen one or more times a year. Vanguard has a writeup on mutual fund taxation.  Note: for a fund like you linked, you will owe taxes annually, regardless of whether you sell it. The underlying assets will pay dividends and those are distributed to you either in cash, or more beneficially as additional shares of the mutual fund (look into dividend reinvestment.) Taking VFIAX's distributions as an example, if you bought 1 share of the fund on March 19, 2017, on March 20th you would have been given $1.005 that would be taxable. You'd owe taxes on that even if you didn't sell your share during the year. Your last paragraph is based on a false premise. The mutual fund does report to you at the end of the year the short and long term capital gains, along with dividends on a 1099-DIV. You get to pay taxes on those transactions, that's why it's advantageous to hold low turnover mutual funds in taxable accounts."}
{"_id": "122013", "title": "", "text": "\"I find the sun country airline a unique example, it is owned by Marty Davis, CEO of Cambria (a countertop / stone tile company).   They use the airline to promote their countertop business with in- flight magazines and even and Cambria logo on the door of the plane as you walk in.  I have been a fan of Sun Country for a long time, but recently a new CEO took over and there was a memo leaked that they are going to start operating like an allegiant or Spirit \"\"super-discount\"\" airline.  I hope not, I choose sun country for the people that operate their planes and for the simple, no-bullshit, I buy a ticket, I get bags and a checked Bag is $25.  So far it's the only airline that I am a fanatic for, and I hope that their culture isn't sold in a race for the bottom dollar.  I am pretty sure that Marty Davis bought Sun Country with a deep discount after the Petters Group Worldwide Fraud became known.   Full history with some financial information if you're interested. It obviously isn't a \"\"Big\"\" Airline, but I am still a big fan.  https://en.m.wikipedia.org/wiki/Sun_Country_Airlines\""}
{"_id": "122014", "title": "", "text": "\"&gt;Me: \"\"they pay it as regular income rather than LTCG\"\" &gt;You: \"\"There's no LTCG tax on Roth accounts.\"\"  Those two things aren't the same thing.  Among other problems, you were referring to tax-deferred accounts and I was referring to Roths.  &gt;Me: \"\"they pay it as regular income rather than LTCG\"\" &gt;You: \"\"You're only taxed once on the money\"\"  Again, those are not the same thing.  There is no account out there where you would only pay LTCG tax.  So paying the tax as regular income RATHER than LTCG tax is not a concern.   &gt;Me: \"\"they pay it as regular income rather than LTCG\"\" &gt;You: \"\"The main advantage of 401ks is that you don't ever pay capital gains tax.\"\"  Again, the word \"\"rather\"\" means there were two possible scenarios: paying regular income tax and paying LTCG tax.  This simply isn't true.   &gt;I never mentioned Roth or taxable funds   Well, those are the only alternatives to a tax-deferred account, so...  &gt;\"\"Though what I said does also apply to Roth\"\"  No it doesn't.    &gt;\"\"But please, keep digging...\"\"  Nothing to dig for.  This isn't a difficult concept but for whatever reason you clearly don't understand it.\""}
{"_id": "122018", "title": "", "text": "Summarized article: The Department of Commerce reported that retail sales increased 1.1% in September, exceeding analysts' expectations.  The biggest jump in consumer spending came from car sales, gasoline and electronics. Electronic sales jumped 4.5%, likely due to the debut of Apple's iPhone 5. Additionally, higher gas prices led to 2.5% increase in spending at gas stations.   The latest report suggests the economy is expanding as consumer spending drives about 2/3 of the US economy.   Other data showed manufacturing activity in New York state shrank for the third straight month as US manufacturers feel the effects of a slowing global economy.   Shares rose and yields on government debt increased as the retail sales report bolstered investor sentiment.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "122023", "title": "", "text": "&gt; I do know Big Tobacco split their co's in half between domestic (US) and international operations due to the incredibly burdensome regulatory environment. It was holding back growth plans. There may be some of that here.  US Corps are also taxed on foreign earnings (unlike what other countries do).  Doing this probably raised their profits 20% on anywhere not called the USA.  Given that the domestic market for cigs is in constant decline, but not nearly as bad outside the US, it only makes sense to retain more earnings as the customer base shifts to strictly foreign."}
{"_id": "122027", "title": "", "text": "\"I laughed at this part:  *\"\"The executive of the U.S. banking giant cited travels to countries such as France, Argentina, Israel and Ireland. The U.S. has become \"\"one of the most bureaucratic, confusing, litigious societies on the planet\"\" and \"\"it's hurting the average American that we don't have these right policies,\"\" he said.\"\"*  Look - America is not \"\"the best country in the world.\"\"  But compared to France, Argentina, Israel and Ireland I can say that we're doing OK.  France is the epitome of bureaucratic sclerosis.  Argentina has been in economic crisis mode for years.  As far as political dysfunction goes, Israel has its own problems with Zionist hardliners.  And as for Ireland, it takes more than making yourself a nexus for IP royalty collection.  A PO box is not a sustainable business model.\""}
{"_id": "122030", "title": "", "text": "\"GNUCash won't show 'Credit Card' type accounts in \"\"Process Payment\"\", as of v.2.6.1. A workaround is to create another  account of type A/Payable. Then, transfer the operations you want to pay via \"\"Process Payment\"\" to this new account. It should be visible now. A drawback is that you have split your current Credit Card debt, which makes it harder to track. Alternatively you may wish to only use this new account for all your credit card related expenses. Another alternative is processing payments for these purchases manually to keep the 'credit card' accounts consistent.\""}
{"_id": "122049", "title": "", "text": "\"&gt;The issue is they can't find people for what they want to pay  You are arguing effectively against your own position. In an age of double-digit unemployment and people scraping to survive, are you saying 100K isn't enough? What else do they have that is more attractive? McDonald's?  The truth is most \"\"Americans\"\" are not motivated, driven enough to take up STEM as a career. For the motivated, with sites such as Coursera, and tons of free resources, can self-train and self-learn. No need for Msft or Google training them = stop acting  like 5 year olds needing to be coddled.\""}
{"_id": "122050", "title": "", "text": "In this example, Client A has to buy shares to return them to Client B for his sale (closing Client A's short position).  Client B then sells the shares.  The end result is there are no shares within the brokerage clientele anymore, so Client A can't borrow them anymore.    The broker is just an intermediary, they wouldn't go out and acquire securities on their own for the benefit of a client wanting to short it, as they would be taking on the risk of the opposite position.  This would be in addition to the risk they already take on when allowing people to short sell -- which is that Client A won't have the money to buy the shares it owes to Client B, in which case the broker has to make Client B whole."}
{"_id": "122058", "title": "", "text": "\"I was just going by [this](http://evonomics.com/amazon-accounting-corporate-profits-rich-peoples-income-invisible-bezos/) source and many like it.  They might not be reffering to _literal_ dividends but increased stock value.  Ultimately, I was responding to that idiot who said \"\"But a business making no profits to avoid tax is the worst tax planning advice I have ever seen!\"\"...\""}
{"_id": "122061", "title": "", "text": "The strength of your plan is that you have considered that if you contribute early the the 401K you might not get the match, so you do stretch it out for the entire year..  One benefit to putting money into the HSA early is that it will be available if you need it early in the year if you have a major medical emergency in the first quarter. If you need to pay a $4,000 deductible in January because of Appendicitis you would hate to have to use post tax money to pay the bill. Of course If you have had the HSA for several years then this might not be a problem. If you haven't maxed the Roth IRA for 2013, you could make contributions to the IRA up until April 15 2014 to count for the previous year.  A risk with the HSA is if you leave your employer mid-year. You can keep the money, and use it for medical expenses, but if the new company doesn't have a an HSA/High Deductible plan you might have contributed too much.  The 401K, HSA, and IRA are annual limits. So if you will switch companies you are responsible for not going over the limit."}
{"_id": "122074", "title": "", "text": "\"The property tax valuation and the fair market price are NOT one and the same.  They track each other, correlate to each other, but are almost NEVER the same number. In some parts of the USA, a municipality has to re-assess property tax values every ten years.  In these places, the tax value of a property is on something like a 10-year moving average, NOT on the volatile daily market price. EDIT:  It is easy to fall into the \"\"trap\"\" of thinking that property tax valuation is intended to represent fair market value.  It's INTENT is to provide an accurate (or, as accurate as possible) RELATIVE VALUATION of your property compared to the other properties in the municipality. The sum of all the property values is the tax base of the municipality.  When the town budget (which is paid in part via property taxes) is set, the town simply divides the tax base into the budget total to arrive at the ratio of tax-to-collect, to the tax base, also called the \"\"tax rate per thousand dollars of valuation.\"\"  i.e. if the town tax base is US$10,000,000, and the town budget is US$500,000, then the ratio is 0.05, or $50 per thousand dollars of valuation.  If your property is assessed at US$100,000, then you would pay 100 x $50, or $5000 in property taxes that year. Since this is the goal of the property tax valuation, NOT deciding what your house is worth on the open market, then we are left with the question of \"\"why use the market value of a house for property assessment?\"\" and the answer is that of all the various schemes and algorithms you can try, \"\"fair market value\"\" is the easiest and most accurate...IF TIME FLUCUTATIONS ARE TAKEN OUT.  For example, if I buy a house in a development for $250,000 today, and next summer the housing market crashes, and you buy the identical house next door to me for $150,000, it does NOT stand to reason that you should pay less taxes than me, because your house is \"\"worth\"\" $100,000 less.  In fact, BOTH our houses are worth $100,000 less. What matters most in property tax valuation isn't the actual number, but rather, is YOUR valuation the same as other essentially similar properties in your tax base?  Getting the RELATIVE ratio of value between you and your neighbors correct is the goal of property tax valuation.\""}
{"_id": "122081", "title": "", "text": "r/shittydataisbeautiful/    The first 20 data points looks at his net worth on average every 2.25 yeras.  The last three data points look at it on average every 7.67 years.  I sure as hell hope his net worth grows by more every 7 years than every 2 years.  On top of that, this should be on a log scale as exponential growth is a pretty widely accepted concept of finance."}
{"_id": "122083", "title": "", "text": "https://www.facebook.com/HyperinflatieVenezuela/  we have made a dutch facebook page about the hyper inflation in Venazuela. We would really aprichiate it if you could like it and check it out. even if you're not dutch becaus likes are a part of our grading"}
{"_id": "122098", "title": "", "text": "&gt; Consider someone like Mitt Romney, whose income in 2010 was $21.7 million. Even if Romney chose to live a much more indulgent lifestyle, he would spend only a fraction of that sum in a typical year to support himself and his wife in their several homes. But take the same amount of money and divide it among 500 people\u2014say, in the form of jobs paying $43,400 apiece\u2014and you\u2019ll find that almost all of the money gets spent.  Romney invests his money in the market right? It's not sitting under the mattress, so isn't his investment another form of consumption and therefore demand?"}
{"_id": "122108", "title": "", "text": "Today, music and entertainment are the most important activity which makes the best wedding, children\u2019s party or any other event. Hiring a DJ service can be a very difficult task, but you can just chill! We will provide you best Dj service in Northampton. If you want to Children DJ for your baby birthday party, then you can visit our website and contact us. We will provide you DJ service at commit time. You can assure yourself that you can face the situation with us."}
{"_id": "122110", "title": "", "text": "One of my ex-employers stateside had a BES policy that disabled Push after 8PM each night weeknights and all weekend long. Was pretty neat. Too bad their IT people also decided to twiddle every BES bit they could find including encryption, memory scrubbing while idle, disabling USB mass-storage mode, and disabling MMS. We finally got them to reverse the USB mass-storage gaffe but they left encryption turned on for the SD card so if the phone died, your data on SD was gone.  This whole employer/personal phone thing is a tough nut to crack. Solutions will be interesting to see. I like one paradigm on Android phones, installing a third-party Outlook replacement such as RoadSync (not a plug, it's just one I found that had features I liked, the UI is actually kinda weird, using radio buttons in e-mail lists that also act as checkboxes and whatnot) and have the third-party Outlook replacement enforce necessary Exchange policy on the application itself, if the app gets wiped, the app loses its data but user data is left intact. The neat thing I like about such software is most has scheduling, so YOU can control when you want it to stop checking e-mail. Mine stops in the evening and weekends and starts back up in the morning.  Nokia had a pseudo-interesting method where you could have a home profile and a work profile but that mostly controlled ringtones, etc.  Some have suggested doing a hypervisor scheme where you run two OSes concurrently and one is work, one is personal...it's a tough situation. Employers want to maintain a vice grip on their data, but people don't want an electronic tether, as it were. Carrying two devices for most people is impractical.  Silly world with your technology."}
{"_id": "122111", "title": "", "text": "If you can make enough ROI from the capital you retain by not paying off your mortgage, then why not? I do, I could pay off a significant chunk of mortgage if I wanted but whilst interest rates are low there's little incentive. As for another crash... Well, there's no reason to expect a crash would result in high interest rates, more the opposite, but you should consider what you would or could do if interest rates did jump to 15% for whatever reason. As long as your investments aren't too risky or difficult to liquidate, etc, you could always consider paying off a big chunk then, when it makes sense."}
{"_id": "122112", "title": "", "text": "Because your profit from the capital IS 100 quid. Capital gains is not like running a business and doesn't come with tax deductions. It's up to you to pick saving scheme that maximizes your profit (either via low costs or highest possible rate)."}
{"_id": "122114", "title": "", "text": "\"Good question.  And it depends a bit on your current plan, your future income, and the plan you are moving too. Mostly you want to roll out of your existing 401K.  There will likely be a fee, and your investment choices are limited.  You will want to do a direct transfer, and going with a quality company such as Fidelity or Vanguard.  Both of those have zero fees for accounts and pretty good customer service. However, if your future income is likely to be high there is something else to consider.  If you are over the limits do a ROTH, and are considering doing a \"\"Backdoor ROTH\"\" a key success for this strategy is keeping your roll over IRA balance low (or zero).   So you may want to either leave the 401K where it is, or roll it to your new 401K plan.  In that case you will have to call the two 401K custodians, and select the best choice as far as fees and fund choice.\""}
{"_id": "122122", "title": "", "text": "I said the point is to create value. For a growth company, the best way to create value is to reinvest cash in the business and grow the company so that they can have larger earnings and therefore larger dividends in the future.  For a company like Apple, which is no longer a growth company, they should be distributing earnings instead of hoarding them and essentially buying treasuries on their shareholders' behalf."}
{"_id": "122177", "title": "", "text": "If PayPal won't accept the VCC number, then by definition you can't do this. If you want to know whether there's a way to get special permission or bypass that restriction... I'm afraid the right thing to do is ask PayPal. Yes, I know their customer support is awful, but this is a classic customer support question, and they know the internals of their system better than any of us possibly could."}
{"_id": "122182", "title": "", "text": "\"To answer length validity and security implications of draft checks issued and negotiated within the United States, I am heavily addressing the common erroneous assumptions of where the funds sit while they're \"\"in\"\" a draft check and how to get them out. Tl;Dr The existing answers are incomplete and in some ways dangerously misleading. Jerry can still be potentially defrauded by Tom, and even if the check is legitimately drawn and negotiable, Jerry may still experience delayed access to the funds. The funds sit in an account held by the issuing bank. As long as the bank has sufficient funds, the check does. However, there are significantly more factors that go into whether a check will be returned unpaid (\"\"bounce\"\"). If I hand you $5000 in cash, will you give me $5000 in cash? Probably, and you'd probably be pretty safe. How about I give you a $5000 draft check, will you give me $5000 in cash without doing anything except looking at it to verify the check? I hope not (Cash America sure wouldn't) but people sell expensive goods with the \"\"same as cash\"\" attitude. Remember: The only non-cash form of payment which cannot somehow be held, reversed or returned unpaid in the U.S. without consent of the receiving party is a payment order (a.k.a wire transfer)! The draft check is \"\"as good as cash\"\" in the sense that the money for a draft check is withdrawn from your account before the check is negotiated (deposited). This does NOT mean that a draft check will not bounce, so Jerry is NOT as secure in handing the goods to Tom as if Tom had handed him cash, as it is still a check. Jerry's bank will not receive the funds for Tom's draft check for an average 3 to 5 business days, same as a personal check. Jerry will probably have access to the first $5000 within two business days... provided that he deposits the draft check in person at his bank's branch or in a bank-owned ATM. In the United States, Regulation CC governs funds availability. Regarding official, draft, or tellers checks: \"\"If the customer desires next-day availability of funds from these checks, [your bank] may require use of a special deposit slip.\"\"  Mobile deposit availability in the U.S. is NOT regulated in this way and will likely be subject to a longer hold on more, if not all, of the check! Draft checks, don't, as a habit, \"\"bounce\"\" in the colloquial sense of \"\"returned for insufficient funds.\"\" This is because they are prepaid and drawn upon a financial institution's account. Banks are insolvent far less frequently than other businesses or individuals. Draft checks, tellers checks, official checks, bank checks, etc CAN, however, be returned unpaid if one of the following is true: As an aside: an institution is not obligated to honor a stale dated check, but may do so at its discretion. If you have a personal check outstanding for over 6 months, it may still clear and potentially overdraw your account. In this case, contact your bank ASAP to process a reversal. The depositing bank mis-scans the check and the issuing bank refuses the resulting data. I have seen systems mis-read which data field is which, or its contents. Also, there is the possibility the image if the check will be illegible to the issuing bank. The draft check has been cancelled (stop paid). This can happen if:  a) The check was fraudulently bought from the issuing bank using Tom's account  b) Tom has completed an indemnification agreement that the check was lost or otherwise not used for its intended purpose, without fraud having occurred against Tom c) The draft check is escheated (paid to the state as unclaimed property). This case is a subset of case 1, but will lead to a different return reason stamped on the (image replacement document of) the check. The draft check was never any good in the first place. Because of the perception that draft checks are as good as cash (they're not but are a lot better than personal checks), forgery and attempted fraud is shockingly common. These aren't actually underwritten by a real bank, even if they appear to be. The only money \"\"in\"\" them is what the fraudster can get out of you. Jerry did not properly endorse the check before presenting it for deposit or otherwise negotiating it. In my time in banking, I most commonly saw cases 3 and 4. Unlike most counterfeit cash, case 3 will fool Jerry and Jerry's teller. Tom gets an immediate payout (a car, a wire transfer, a payday loan, etc) and Jerry's bank doesn't know the check isn't valid until they call the alleged issuing bank to verify its negotiability, or in the case of smaller checks into lower-risk accounts, it is simply returned unpaid as fraudulently drawn. To conclude: Call the alleged issuing bank's verification line before handing over the goods, always properly endorse your deposits, and address what happens if one does not receive or collect on prompt payment in your contracts.\""}
{"_id": "122185", "title": "", "text": "Form 1127 (updated link) should be filed in paper (with the supporting documents) to the IRS office that has jurisdiction in the area where you live. From the instructions (see the link above):  File Form 1127 with the Internal Revenue Service (Attn: Advisory Group   Manager), for the area where you maintain your legal residence or   principal place of business. See Pub. 4235, Collection Advisory Group   Addresses, to find the address for your local advisory group. However, if the tax due is a gift tax reportable on Form 709, send Form 1127   to: Department of the Treasury Internal Revenue Service Center Cincinnati, OH 45999"}
{"_id": "122188", "title": "", "text": "Nolube's brain is in his bowels. green-light is pissed as hell. I hope that guy I told to buy it in investing did so. I suggested he sell half at $5.60 then put a stop loss on the rest at $5.30. That was a very conservative idea, but I didn't know his risk scenario."}
{"_id": "122203", "title": "", "text": "They want my online banking username and password. I don't know if it's a scam. It can't be any more obvious than that. Never, ever, ever, ever, ever, EVER give your online banking password to ANYONE. Not your lawyer, not your bank's local branch manager, not your best friend, not your wife, not your mother, and certainly not some random person on the street/Facebook/the Internet."}
{"_id": "122222", "title": "", "text": "Apply as many deductions as you are legally entitled to. Those are taxes you may never ever pay.  Then turn around and put any more monies above the maximum retirement contributions into a taxable account. But this time invest in tax efficient investments. For example, VTI or SPY will incur very minimal taxes and when you withdraw, it will be at lower tax rate (based on current tax laws). Just as you diversify your investments, you also want to diversify your taxes."}
{"_id": "122227", "title": "", "text": "Sure these groups suck ass but Paypal should act as a utility. Otherwise where do you draw the line? Do all businesses become politically driven entities? Do lobbyists start drilling for dirt and reasons to pull services form their competitors, or even make it up? I get **this** is good, and usually I'm not a fan of the slippery slope style arguement, though in this situation for what is largely an essential service it seems valid."}
{"_id": "122234", "title": "", "text": "Wayshopy -  Tech Mech Mechanical Vehicle Jack has Small compact design which makes it easy for storing. It is Ideal for emergency roadside repairs, and as a replacement to that missing jack. Lift your car and easily change the flat tyre with no special requirement of strength &amp; provides a quick operation. It is Reliable &amp; portable. This powerful jack is designed in such a manner that makes it easy to lift your vehicle and to easily change the flat wheel of your car."}
{"_id": "122239", "title": "", "text": "I know it's not called SAC anymore because they had to change it once they went private, no one knows them by their new name so I still refer to then by SAC. Oh and that last comment was cute, I proved you wrong and I'm the dipshit for writing an irrelevant comment, your going places in life...hahaha"}
{"_id": "122260", "title": "", "text": "\"Their algorithm may be different (and proprietary), but how I would to it is to assume that daily changes in the stock are distributed normally (meaning the probability distribution is a \"\"bell curve\"\" - the green area in your chart).  I would then calculate the average and standard deviation (volatility) of historical returns to determine the center and width of the bell curve (calibrating it to expected returns and implied volaility based on option prices), then use standard formulas for lognormal distributions to calculate the probability of the price exceeding the strike price. So there are many assumptions involved, and in the end it's just a probability, so there's no way to know if it's right or wrong - either the stock will cross the strike or it won't.\""}
{"_id": "122261", "title": "", "text": "\"Excuse me for not giving full and unswerving defference in matters financial to a guy who was found with, \"\"drugs in his pocket, a rope around his neck that was tied to his genitals, and a sex toy in his boot..\"\".  In Central Park. Any argument this journalist putz makes is immediatley invalidated by his actions. Here's the link: http://www.huffingtonpost.com/2008/04/18/richard-quest-cnn-reporte_n_97466.html\""}
{"_id": "122265", "title": "", "text": "They are behind in speed and specs but nlt design and functionality.  I prefer my girlfriends 2 year old xperia arc to my dual core motorola. The sony is only a bit slower but takes way better photos is much more comfortable to use has amazing headphone jack sound quality and gets great battery life.  also the screen is like 100 times better.  The motorola is basically. .. Just   little faster.   But the arc is perfectly fast.     So yes they are a bit behind but priced reasonably."}
{"_id": "122268", "title": "", "text": "Yes. I'm saying that in 2017 we have both cheaper and safer souces of energy than burning dead dinosaurs. But that's an overstatement. The market has already spoken and the coal jobs are not coming back despite what dear leader has told you."}
{"_id": "122283", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://phys.org/news/2017-04-money-wealthy-wealthier-carbon-emissions.html) reduced by 90%. (I'm a bot) ***** &gt; Across the U.S., state-level carbon emissions are higher in states where income is more highly concentrated among the wealthiest residents, according to a new study by two Boston College researchers.  &gt; The study, by sociologists Andrew Jorgenson and Juliet Schor, is the first to link income inequality and carbon emissions within and across the individual U.S. states.  &gt; &amp;quot;What we find here in the context of income inequality and carbon emissions is that it&amp;#039;s about the concentration of income at the top of the distribution,&amp;quot; said Jorgenson.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jrt4w/money_to_burn_as_the_wealthy_get_wealthier_carbon/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~153695 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **income**^#1 **carbon**^#2 **state**^#3 **U.S.**^#4 **inequality**^#5\""}
{"_id": "122291", "title": "", "text": "The rights to the future merchandising alone will make a profitable return on the purchase. Not to mention the new trilogy and a brand new theme park to go with it.   I honestly have no idea how you came to the conclusion you did, unless you're somehow of the opinion that Star Wars is a passing fad."}
{"_id": "122310", "title": "", "text": "Some folks are speculating that they did this to propagate the Amazon Go technology, which I don't think WFM customers would like very much (shopping at Whole Foods is a social experience). Others have even speculated it's a deal to acquire more real estate. Seems to me like they just took over the grocery-delivery space. And they'll probably crush it. There's a Whole Foods about five blocks from my house, but when I'm drunk and having a party I'd rather not get in the car to pick up more charcuterie or wine. Would be dope if I could get a quick delivery whose extra costs were covered by my prime membership."}
{"_id": "122323", "title": "", "text": "The equation you show is correct, you've simply pointed out that you understand that you buy at the 'ask' price, and later sell at the 'bid.' There is no bid/ask on the S&P, as you can't trade it directly.  You have a few alternatives, however - you can trade SPY, the (most well known) S&P ETF whose price reflects 1/10 the value or VOO (Vanguard's offering) as well as others. Each of these ETFs gives you a bid/ask during market hours. They trade like a stock, have shares that are reasonably priced, and are optionable.  To trade the index itself, you need to trade the futures. S&P 500 Futures and Options is the CME Group's brief info guide on standard and mini contracts.  Welcome to SE."}
{"_id": "122329", "title": "", "text": "I missed the data about rich parents, maybe you can point that out to me  &gt;Data from the Global Entrepreneurship Monitor show that more than 80% of funding for new businesses comes from personal savings and friends and family.  Yes, life is a lottery and successful people are just lucky and if you are a loser it's not your fault."}
{"_id": "122333", "title": "", "text": "I know an old retired Asian couple that each have 2 pensions. They worked from their teens and worked their asses off. The wife still works as a part time consultant because her second job was so specialized and she gets bored at home very easy. I saw their finances once and its just on a level I've never seen before or since. It's like they planned ~6 decades of their lives as teens and they stuck with the plan"}
{"_id": "122337", "title": "", "text": "A lot of our people work from home so conference calls are nice and quick. Lots of beeps when people who are finished with their part hang up too. From my experience this is a brick and mortar workplace phenomenon. Remote employees dont care about hanging around for nothing."}
{"_id": "122339", "title": "", "text": "I thought we could have a friendly conversation, but it seems like this went out the window; I feel very comfortable given that 4 of my years at my current firms were about analyzing those fees and how open each of the firms are open about the rebates Prices, as well as exchanges having the same openness about it.   The current volume intraday is around 5.6B shares traded; when it used to be 100 times bigger around 2010; you do not make a significant part of money with the lack of volitality and volume on the markets today. The author is just a sheltered university teacher that does not seem to know what reality looks like, and you seem to protect him which speaks volume about you as well."}
{"_id": "122341", "title": "", "text": "HSA accounts come with various rules intended to ensure that the pre-tax money you have opted to put into your HSA account is indeed used for appropriate purposes. Most employers don't handle these accounts in-house but contract with a company or bank who offers to take care of the details and the necessary accounting: the money is simply sent to the bank, and it is the bank that is responsible for ensuring that the money is indeed used appropriately. Now, if you say that you want Wells Fargo (to pick another bank as an example) to handle your HSA account, the  employer will likely need to have a  contract with Wells Fargo too, and Wells Fargo will charge you fees to handle  the account also.  Whether you will be any happier with Wells Fargo's fees for a one-off HSA account versus Chase's fees where a (smaller) bulk rate might be charged is something that you should find out before approaching your employer with a request to have Wells Fargo handle your HSA account."}
{"_id": "122378", "title": "", "text": "It all depends on whether you can manage your money or not. Many people are incapable of doing so in a responsible way. Like any service, you get what you pay for -- active management costs money!"}
{"_id": "122382", "title": "", "text": "Which is generally the better option (financially)? Invest. If you can return 7-8% (less than the historical return of the S&P 500) on your money over the course of 25 years this will outperform purchasing personal property. If you WANT to own a house for other reason apart from the financial benefits then buy a house. Will you earn 7-8% on your money, there is a pretty good chance this is no because investors are prone to act emotionally."}
{"_id": "122385", "title": "", "text": "We should be commending this behavior. Pink mustaches are ugly and a blight on my city's landscape. Stupid, whimsical companies deserve to fail, hard, onto their face.   tl;dr - can't wait for uber to slip the knife in and kill this travesty for good."}
{"_id": "122401", "title": "", "text": "Imagine how foolish the people that bought Apple at $100 must have felt. It was up tenfold for the $10 it traded at just years prior, how could it go any higher?  Stocks have no memory. A stock's earnings may grow and justify the new higher price people are willing to pay. When FB came public, I remarked how I'd analyze the price and felt it was overvalued until its earnings came up. Just because it's gone down ever since, doesn't make it a buy, yet."}
{"_id": "122404", "title": "", "text": "In a year with no income, the best advice is to convert existing IRA money to Roth. This lets you take advantage of the 'zero' bracket, the combination of your exemption and standard deduction. This adds to $10,300 for a single person.  Other than that, if you are determined to take the money out, just do it. There would be a 10% penalty of the growth, but the original deposit comes out tax free anyway.  Edit - There's a rule that if you sell your entire Roth account (i.e. all Roth accounts, you can't pick one of a few) and have a loss, you can take that loss. (Per Dilip's comment, this strategy is pretty moot, it's not a loss taken against other income as a stock loss would potentially be))"}
{"_id": "122417", "title": "", "text": "Assuming you're in the US, you can also access CPI for major cities / regions. The  US Bureau of Labor Statistics (BLS) publishes a PDF each month with details on how prices of services, food, and other goods has increased or decreased: http://www.bls.gov/cpi/tables.htm"}
{"_id": "122432", "title": "", "text": "\"Defining parity as \"\"parity is the amount by which an option is in the money\"\", I'd say there may be an arbitrage opportunity. If there's a $50 strike on a stock valued at $60 that I can buy for less than $10, there's an opportunity.  Keep in mind, options often show high spreads, my example above might show a bid/ask of $9.75/$10.25, in which case the last trade of $9.50 should be ignored in favor of the actual ask price you'd pay.  Mispricing can exist, but in this day and age, is far less likely.\""}
{"_id": "122434", "title": "", "text": "The CCAPM attempts to link asset prices/equity risk premiums to the 'intertemporal substitution of consumption' instead of the normal beta. So essentially what it's trying to say is you prefer to smooth consumption, you hate volatile consumption patterns, therefore you demand higher returns in booms and will settle for lower returns in downturns. (It may sound counter-intuitive at first, but think in terms of marginal utilities, in booms your marginal utility is lower as you're already well off, therefore you demand more of an asset).   The CCAPM tries to link asset prices to real economic theory (consumption) whereas CAPM is derived from the assumption that investors only care about mean and variance of returns (no real link to the real side of the economy).   There are almost no real world applications for the CCAPM. Empirically it is almost a complete failure, complex extensions have only gotten it so far, see the 'equity premium puzzle' by Mehra and Prescott (1985)."}
{"_id": "122441", "title": "", "text": "Good news: the car is so heavily reserved you won't be able to buy it for 2 or 3 years. The Beta should be over then.  And did the X get terrible reviews by Consumer reports? Yes. Is it because of crazy shit like it's Gull Wing doors? Does the M3 have that? Not at all."}
{"_id": "122447", "title": "", "text": "\"I have been working and studying at the same time since I was 13... for all purposes, when I finished high school, I was working and studying part time... until I got my B.Sc in Computer Science and Masters in Business Administration (MBA)... developed my career and now I am a senior executive making excellent money and supervising many people.  In retrospect, my degrees did not help me at all in my career in the sense that did not teach me anything of significance for real work and career life, nor did they lend me my first jobs. **Colleges and universities are mostly to find who is better in studying... in the hope that if they study well, they will do well in their career... because they can study well.** Mostly not true and does not work this way!    However(!!!), without a degree (piece of paper), I could not advance to my current position because \"\"degree required for this position\"\".  One more thing, very important: when I studied for my MBA, and worked full(!) time, I had no choice but to take night classes (City University of NY, Baruch College, one of the best business schools in the country). **This was the best experience I had in all the of my college studies!** Why? Because all(!) the professors who teach in the night were working in the morning in their normal jobs - none of them were tenured professors.  They were real business people, grounded, know what they are talking about, and they were teaching because they loved to teach and share the experience and knowledge. **Do you understand what I am saying here?**  So, I did not get the theoretical nonsense from them. They actually taught us what really happens, the real approach to things, and the real issues to address.  P/S: My son is following my way. Since he was 11, he works in the areas he like (Minecraft) and he made money since then, running classes, getting to know people in the field, getting experience, getting work ethics, etc. If he wants to go to Harvard, fine with me, but I think he just need to go to \"\"reasonable\"\" low cost college to get those pieces of papers called \"\"Diplomas\"\".\""}
{"_id": "122449", "title": "", "text": "There are a few company they can help you open an offshore account. I searched and found rtrsupportslimited.com on another discussion forum. It is a company which does the exact same thing. I got my own company incorporation and bank account from them."}
{"_id": "122450", "title": "", "text": "Jason McDowell is a dog breeder specializing in breeding dogs or various breeds. You can bring home the puppy you always wanted by choosing from our selection of puppies. Jason McDowell not only breeds dogs, he also trains them to provide a puppy that is well behaved and friendly."}
{"_id": "122455", "title": "", "text": "Sorry, you cannot transfer EPF into PPF. The investments in PPF are limited to 150,000 per year. Withdrawal is in 7th year, i.e. After completion of 6 financial years. 50% of the Balance of 4th year can be withdrawn. 2.Withdraw the money and find a new form of investment. This is definitely possible. A lump sum investment into NPS [New Pension Scheme] or various Retirement schemes, or equity / real estate etc Is there any other 3rd solution for this situation? Keep the money AS-IS as the money will still continue to grow. The interest is stop getting accrued after 3 years of NO contribution. Within 36 months if an account will not get any deposit then it will be considered as dormant/inactive account. So you can wait for sometime before you decide to withdraw."}
{"_id": "122467", "title": "", "text": "Yea, people just don't get it. This is how much it costs to run and promote events. The reason Ticketmaster exists as a so-called monopoly is because local/regional promoters were getting killed by poor attendance on too many shows. So Ticketmaster came into existence because they were spreading the losses/profits of individual shows across the national spectrum. Additionally, bands started to ask for more and more money (in the form of upfront guarantees), and this has worsened since CD sales have collapsed and touring is their primary form of income."}
{"_id": "122485", "title": "", "text": "Its hard to write much in those comment boxes, so I'll just make an answer, although its really not a formal answer. Regarding commissions, it costs me $5 per trade, so that's actually $10 per trade ($5 to buy, $5 to sell).  An ETF like TNA ($58 per share currently) fluctuates $1 or $2 per day.  IXC is $40 per share and fluctuates nearly 50 cents per day (a little less).  So to make any decent money per trade would mean a share size of 50 shares TNA which means I need $2900 in cash (TNA is not marginable). If it goes up $1 and I sell, that's $10 for the broker and $40 for me.  I would consider this to be the minimum share size for TNA.  For IXC, 100 shares would cost me $4000 / 2 = $2000 since IXC is marginable.  If IXC goes up 50 cents, that's $10 for the broker and $40 for me.  IXC also pays a decent dividend.  TNA does not.  You'll notice the amount of cash needed to capture these gains is roughly the same. (Actually, to capture daily moves in IXC, you'll need a bit more than $2000 because it doesn't vary quite a full 50 cents each day). At first, I thought you were describing range trading or stock channeling, but those systems require stop losses when the range or channel is broken.  You're now talking about holding forever until you get 1 or 2 points of profit.  Therefore, I wouldn't trade stocks at all.  Stocks could go to zero, ETFs will not.  It seems to me you're looking for a way to generate small, consistent returns and you're not seeking to strike it rich in one trade.  Therefore, buying something that pays a dividend would be a good idea if you plan to hold forever while waiting for your 1 or 2 points. In your system you're also going to have to define when to get back in the trade.  If you buy IXC now at $40 and it goes to $41 and you sell, do you wait for it to come back to $40?  What if it never does?  Are you happy with having only made one trade for $40 profit in your lifetime?  What if it goes up to $45 and then dips to $42, do you buy at $42?  If so, what stops you from eventually buying at the tippy top?  Or even worse, what stops you from feeling even more confident at the top and buying bigger lots?  If it gets to $49, surely it will cover that last buck to $50, right? /sarc What if you bought IXC at $40 and it went down.  Now what?  Do you take up gardening as a hobby while waiting for IXC to come back?  Do you buy more at lower prices and average down?  Do you find other stocks to trade?  If so, how long until you run out of money and you start getting margin calls?  Then you'll be forced to sell at the bottom when you should be buying more. All these systems seem easy, but when you actually get in there and try to use them, you'll find they're not so easy.  Anything that is obvious, won't work anymore.  And even when you find something that is obvious and bet that it stops working, you'll be wrong then too.  The thing is, if you think of it, many others just like you also think of it... therefore it can't work because everyone can't make money in stocks just like everyone at the poker table can't make money.  If you can make 1% or 2% per day on your money, that's actually quite good and not too many people can do that.  Or maybe its better to say, if you can make 2% per trade, and not take a 50% loss per 10 trades, you're doing quite well. If you make $40 per trade profit while working with $2-3k and you do that 50 times per year (50 trades is not a lot in a year), you've doubled your money for the year.  Who does that on a consistent basis?  To expect that kind of performance is just unrealistic.  It much easier to earn $2k with $100k than it is to double $2k in a year.  In stocks, money flows TO those who have it and FROM those who don't. You have to plan for all possibilities, form a system then stick to it, and not take on too much risk or expect big (unrealistic) rewards. Daytrading You make 4 roundtrips in 5 days, that broker labels you a pattern daytrader.  Once you're labeled, its for life at that brokerage.  If you switch to a new broker, the new broker doesn't know your dealings with the old broker, therefore you'll have to establish a new pattern with the new broker in order to be labeled.  If the SEC were to ask, the broker would have to say 'yes' or 'no' concering if you established a pattern of daytrading at that brokerage. Suppose you make the 4 roundtrips and then you make a 5th that triggers the call.  The broker will call you up and say you either need to deposit enough to bring your account to $25k or you need to never make another daytrade at that firm... ever!  That's the only warning you'll ever get.  If you're in violation again, they lock your account to closing positions until you send in funds to bring the balance up to $25k.  All you need to do is have the money hit your account, you can take it right back out again.  Once your account has $25k, you're allowed to trade again.... even if you remove $15k of it that same day.  If you trigger the call again, you have to send the $15k back in, then take it back out. Having the label is not all bad... they give you 4x margin.  So with $25k, you can buy $100k of marginable stock.  I don't know... that could be a bad thing too.  You could get a margin call at the end of the day for owning $100k of stock when you're only allowed to own $50k overnight.  I believe that's a fed call and its a pretty big deal."}
{"_id": "122487", "title": "", "text": "Originally dollars were exchangeable for specie at any time, provided you went to a govt exchange. under Bretton Woods this was a generally fixed rate, but regardless there existed a spread on gold. This ceased to be the case in 71 when the Nixon shock broke  Bretton woods."}
{"_id": "122488", "title": "", "text": "True but I also hate when companies try to sell me products.  When I watch a documentary I want to see little bias (there is always some).  This guy uses sensational reporting to try and sell viewers on the notion that everything from an animal is terrible for you and plant foods are the only possible solution.  It's a load of shit just the same way weight loss pills are a load of shit.      My issue is that it's a documentary not a fucking ad. The dude isn't even subtle about his bullshit so he has absolutely no credibility in my eyes.  He presents veganism like he's trying to convert you to a religion (which I understand it basically is for many)."}
{"_id": "122491", "title": "", "text": "\"Great question. There are several reasons; I'm going to list the few that I can think of off the top of my head right now. First, even if institutional bank holdings in such a term account are covered by deposit insurance (this, as well as the amount covered, varies geographically), the amount covered is generally trivial when seen in the context of bank holdings. An individual might have on the order of $1,000 - $10,000 in such an account; for a bank, that's basically chump change, and you are looking more at numbers in the millions of dollars range. Sometimes a lot more than that. For a large bank, even hundreds of millions of dollars might be a relatively small portion of their holdings. The 2011 Goldman Sachs annual report (I just pulled a big bank out of thin air, here; no affiliation with them that I know of) states that as of December 2011, their excess liquidity was 171,581 million US dollars (over 170 billion dollars), with a bottom line total assets of $923,225 million (a shade under a trillion dollars) book value. Good luck finding a bank that will pay you 4% interest on even a fraction of such an amount. GS' income before tax in 2011 was a shade under 6.2 billion dollars; 4% on 170 billion dollars is 6.8 billion dollars. That is, the interest payments at such a rate on their excess liquidity alone would have cost more than they themselves made in the entire year, which is completely unsustainable. Government bonds are as guaranteed as deposit-insurance-covered bank accounts (it'll be the government that steps in and pays the guaranteed amount, quite possibly issuing bonds to cover the cost), but (assuming the country does not default on its debt, which happens from time to time) you will get back the entire amount plus interest. For a deposit-insured bank account of any kind, you are only guaranteed (to the extent that one can guarantee anything) the maximum amount in the country's bank deposit insurance; I believe in most countries, this is at best on the order of $100,000. If the bank where the money is kept goes bankrupt, for holdings on the order of what banks deal with, you would be extremely lucky to recover even a few percent of the principal. Government bonds are also generally accepted as collateral for the bank's own loans, which can make a difference when you need to raise more money in short order because a large customer decided to withdraw a big pile of cash from their account, maybe to buy stocks or bonds themselves. Government bonds are generally liquid. That is, they aren't just issued by the government, held to maturity while paying interest, and then returned (electronically, these days) in return for their face value in cash. Government bonds are bought and sold on the \"\"secondary market\"\" as well, where they are traded in very much the same way as public company stocks. If banks started simply depositing money with each other, all else aside, then what would happen? Keep in mind that the interest rate is basically the price of money. Supply-and-demand would dictate that if you get a huge inflow of capital, you can lower the interest rate paid on that capital. Banks don't pay high interest (and certainly wouldn't do so to each other) because of their intristic good will; they pay high interest because they cannot secure capital funding at lower rates. This is a large reason why the large banks will generally pay much lower interest rates than smaller niche banks; the larger banks are seen as more reliable in the bond market, so are able to get funding more cheaply by issuing bonds. Individuals will often buy bonds for the perceived safety. Depending on how much money you are dealing with (sold a large house recently?) it is quite possible even for individuals to hit the ceiling on deposit insurance, and for any of a number of reasons they might not feel comfortable putting the money in the stock market. Buying government bonds then becomes a relatively attractive option -- you get a slightly lower return than you might be able to get in a high-interest savings account, but you are virtually guaranteed return of the entire principal if the bond is held to maturity. On the other hand, it might not be the case that you will get the entire principal back if the bank paying the high interest gets into financial trouble or even bankruptcy. Some people have personal or systemic objections toward banks, limiting their willingness to deposit large amounts of money with them. And of course in some cases, such as for example retirement savings, it might not even be possible to simply stash the money in a savings account, in which case bonds of some kind is your only option if you want a purely interest-bearing investment.\""}
{"_id": "122493", "title": "", "text": "Just use a credit card like AMEX Blue that categorizes your purchases, and reconcile at the end of the month. There is no good reason to use a debit card."}
{"_id": "122500", "title": "", "text": "Ah, my bad! You are refering to the study's methodology, right?  In the introduction of the study, they mentioned that several countries have repealed their wealth tax, so I got the understanding that they used those instances as exogenous events from which they could draw conclusion.  Upon reading more carefully, it does indeed seem like this study did a cross sectional study over time instead."}
{"_id": "122513", "title": "", "text": "I am going to add in an opinion here from the Wall Street Journal that I read this morning in What's at Stake in the Greek Vote, in light of current events and elections in Greece. The article claims that if the election results make it sound like a break from the Euro is imminent then ... we will see a full-fledged bank run. Greek banks would collapse ... The market exchange-rate would likely be two or three drachmas to the euro, which would double or triple the Greek price of imported goods within a few days. Prices of assets, including real-estate assets, would crumble. Those who moved their deposits abroad would be able to buy these assets cheaply, leading to a significant, regressive redistribution of Greek wealth. In short, you'd lose two-thirds of your savings unless you were storing them somewhere safe from the conversion. The article also predicts difficulty importing goods (other nations will demand to be paid in euro, not drachma) leading to disruption of trade and various supply shortages.  I will note that the predictions here seem to be in opposition to some other advice here which suggests that real estate will be an effective hedge."}
{"_id": "122525", "title": "", "text": "Go the opposite approach.  Budget a certain amount of cash and keep it combined.  Don't exceed it (but next time budget more if you need to).   If you were in the USA (where card acceptance is near universal) what I do is simply use my visa check card for all purchases and download it to my personal finance software, where you can assign categories."}
{"_id": "122532", "title": "", "text": "If you suffer from ankle or foot pain, you need to visit Preferred Foot and Ankle Specialist Gilbert AZ. Recommending Dr. Mikkel Jarman, DPM, Gilbert Podiatrist. Contact 480 497-3946 or PreferredFootAnkle.com. He's considered one of the very best Gilbert AZ Foot Doctors offering effective relief."}
{"_id": "122534", "title": "", "text": "Facebook is currently the most often visited site on the web. So it only follows that we as marketers should take full advantage of all the promotional possibilities it offers.  Facebook adder software makes it super simple to market to whatever demographic you\u2019re marketing to as well as whatever niche you\u2019re tapping into.  Currently you\u2019ll find that there are several tools out there that are used for sending out multiple friend requests at a time. Yet although, there are a relatively large number that will actually get the job done, only smaller fraction of these types of programs can perform this action without getting your account banned.  Facebook is fairly vigilant with respect to their methods of detecting spam. Therefore, if you decide to use an automated process to build your fan page, you must be somewhat strategic in your methodology. The application you use, must allow you to easily set things such as how many friend request you can make and over what period of time you can make them. You should try to keep the number of friend request per day under 50, because  sending out 100\u2032s of request per day will surely get you banned."}
{"_id": "122540", "title": "", "text": "Yes, any company can go under. SIPC offers a level of protection. They don't guarantee against stocks dropping, but will replace stocks that you owned, but the broker stole from you. (overgeneralization). There's a $500K limit, with $250K max in cash."}
{"_id": "122542", "title": "", "text": "I do not fully understand the transactions involved, but it appears that there was a reverse stock split (20:1) and some legal status change as well on June 29th. This seems to be the cause for the change in valuation of the stock as the dates match the drop. https://www.otcmarkets.com/stock/RMSLD/filings"}
{"_id": "122544", "title": "", "text": "\"Articles like this are the reason why nothing will ever change. Accusing Walmart of \"\"refusing\"\" to raise wages and \"\"abusing\"\" its employees is what you say when you're a small time blogger that just wants hits.\""}
{"_id": "122557", "title": "", "text": "There are 2 schools of thought in determining the price of a future contract in a day prior to expiration.  The cost of carry model, states that the price of a future contract today is the spot price plus the cost of carrying the underlying asset until expiration minus the return that can be obtained from carrying the underlying asset.  FuturePrice = SpotPrice + (CarryCost - CarryReturn)  The expectancy model, states that the price of the futures contract depends on the expectation about the spot market's price in the future. In this case, the price of the future contract will diverge from the spot price depending on how much the price is expected to rise or fall before expiration.  A few glossary terms: cost of carry For physical commodities such as grains and metals, the cost of   storage space, insurance, and finance charges incurred by holding a   physical commodity. In interest rate futures markets, it refers to the   differential between the yield on a cash instrument and the cost of   funds necessary to buy the instrument. Also referred to as carrying   charge. spot price  The price at which a physical commodity for immediate   delivery is selling at a given time and place. The cash price."}
{"_id": "122560", "title": "", "text": "At the very least you should invest as much as you can that your employer will match, as they are basically giving you free money for saving. After that I would prioritize a Roth IRA as that offers similar tax benefits with more liquidity. Provided you have enough money available in your emergency fund and have plenty for everyday expenses I see no reason not to max out your 401k after that if you can afford it. However, if your emergency fund is lacking, be sure to put some there. Other investments like a 529 may come into play if you have kids you plan on sending to college, but it all depends on your situation."}
{"_id": "122569", "title": "", "text": "Hey should I be networking? Haha okay thank you very much! I\u2019ll follow this advice to a tee. I just signed up for WSO and going to do more research. What exactly do you mean by technicals? Just the ins and outs of IB?   We have a platform that gets me in touch with the alumni. I\u2019ll get on that and get in contact with everyone. Thank you very much!!"}
{"_id": "122581", "title": "", "text": "Bonds provide protections against stock market crashes, diversity and returns as the other posters have said but the primary reason to invest in bonds is to receive relatively guaranteed income. By that I mean you receive regular payments as long as the debtor doesn't go bankrupt and stop paying. Even when this happens, bondholders are the first in line to get paid from the sale of the business's assets. This also makes them less risky. Stocks don't guarantee income and shareholders are last in line to get paid. When a stock goes to zero, you lose everything, where as a bondholder will get some face value redemption to the notes issue price and still keep all the previous income payments. In addition, you can use your bond income to buy more shares of stock and increase your gains there."}
{"_id": "122584", "title": "", "text": "Yes millennials are your problem... Do your damn job and make your business better or leave.  I am a millennial who used to go to BWW all the time when I was in college, but now I realize the wings are always dry no matter where I go... Make the food better"}
{"_id": "122590", "title": "", "text": "What you found is that when your were on website X on day y when you clicked on the link they told you to buy 7 stocks and you performed an experiment, but the values went down. Somebody else on website A on day B saw a lightly different list, they may have been flat. But if you were on website W on day D that list hit the jackpot. Which of the three decided that the people running the ad knew what they were talking about? They could have tailored the list based on the nature of the website. Sports and recreation ones on ESPN, high tech on a computer focus site. They could have varied the size of the lit, they could have varied the way they described their analysis. They could have even varied the name of the expert to make it sound familiar or authoritative.  What you found was a marketing plan. It may have been a scam, or it may have been just a way to try and convince you they know what they were doing. If you clicked on the wrong list, they probably lost you as a potential customer, unless you can convince yourself that they were close, and deserve a second look...."}
{"_id": "122592", "title": "", "text": "\"You are missing the point.   He is richer than if the note had never been issued. So are his employees, the people they bought stuff from, the people those people bought stuff from, etc etc...  But the shoe-maker is still poorer than he was the day before the fire hit, and not because anyone else \"\"took it from him\"\", in the sense that they have his money.   Money is debt owed to the bearer. When that debt becomes unrecoverable, the money is gone.\""}
{"_id": "122607", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.businessinsider.com/basic-income-would-grow-gdp-by-trillions-study-finds-2017-8) reduced by 81%. (I'm a bot) ***** &gt; Conducted by the left-leaning Roosevelt Institute, the study investigated three strategies for implementing basic income, a form of wealth distribution that involves giving everyone a standard salary just for being alive.  &gt; Proponents of basic income say it would reduce or even eliminate poverty, while skeptics say it could erase people&amp;#039;s motivations to keep working, possibly ruining the economy instead of improving it.  &gt; The three basic incomes proposed by the study were $1,000 paid monthly to every US adult; $500 paid monthly to every US adult; and $250 paid monthly to every US child.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zfh4r/giving_every_american_12000_a_year_in_free_money/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207966 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **basic**^#1 **income**^#2 **study**^#3 **year**^#4 **every**^#5\""}
{"_id": "122617", "title": "", "text": "\"If any creditor thinks they're going to put their fuck up on my \"\"identity\"\" they got on another thing coming. I will not waste my time clearing up my credit score, I will not waste my time electronically verifying my identity, they will see a certified letter, and then they'll see me personaly in a court room.\""}
{"_id": "122630", "title": "", "text": "Work for a bank (ultra high net worth individuals). We will do advised lines of credit (we have to approve every draw) secured by a portfolio of art. Slightly better pricing than if it were unsecured, but we will do higher loan amounts. I haven't done wine-secured, but have seen guys with $1mm+ wine collections on their balance sheets."}
{"_id": "122638", "title": "", "text": "You can use a Roth IRA for retirement and you can still withdraw all of your contributions at any time. You can also withdraw $10,000 worth of the earnings in your Roth IRA for a first-time home purchase. You can also withdraw for unreimbursed medical expenses and qualified education expenses. Full details are available in IRS publication 590.  There is a limit of $5,500 for contributions in 2016 ($6,500 if you're over 50) as long as your adjusted gross income is below a certain level. You can still make a contribution for the previous tax year until the filing deadline (usually April 15)."}
{"_id": "122639", "title": "", "text": "I have a friend who spent 10 years implementing regulations on high-level internal bank systems before the last crash. Turned out everyone above the system level just did what they wanted anyway. Real big decisions simply bypassed the system and here we are.."}
{"_id": "122670", "title": "", "text": "But don't worry, we're getting rid of those pesky financial regulations and your ability to sue us. This way we can apologize, fire some scapegoat, and we won't have to face any real consequences. Got to make sure we keep in the black and continue to create American jobs, right? ;)"}
{"_id": "122675", "title": "", "text": "The areas are well located with respect to farm work today, the Naranjos except mine, which is advancing on a crusade to C\u00f3rdoba intercepting the vein out of the area. The mine La Picuda has a fixed lower boundary which is already below the lowest level on the contract, are advances are also side that fall outside the allocated area."}
{"_id": "122679", "title": "", "text": "For your purposes, I would recommend using direct investment in a no-load mutual fund.  I mostly use Vanguard and would recommend them.  They just about invented index funds, usually have the lowest (internal) expenses for index and many other funds, if you take electronic instead of paper statements there is no maintenance fee, have no transaction commission, can do periodic automatic investment from a bank account etc.  A typical index fund there would require an initial $3000 investment and would have a minimum of $100 for each additional investment.  If you can't come up with an initial sum of that size, you might be able to find a broker with a lower minimum and suitable free ETFs trades as others have suggested."}
{"_id": "122683", "title": "", "text": "It seems possible if the Euro is partially/entirely unwound that policies could be enacted to prohibit exactly this behavior, otherwise what will stop outflow to the stronger countries on a massive scale? (Thus amplifying the resulting decade-long clusterfuck)  We've never had this situation in Europe before, and already for Greece and Spain there are suggestions to instigate withdrawal controls. It doesn't seem far fetched to imagine retroactive controls placed on private deposits in newly-foreign-currency banks.  If I were concerned about the Euro's collapse I'd be more inclined to move assets out of the eurozone entirely"}
{"_id": "122701", "title": "", "text": "This might be useful http://ec.europa.eu/taxation_customs/individuals/cash-controls_en As far as I am aware there should be no issues with anything below 10000. But anything after that you have to declare."}
{"_id": "122706", "title": "", "text": "\"Don't get all high headed now. The filth you've been spewing today shows that you don't do you own \"\"cross checking/thinking\"\". But the fact that you think you do really is telling. Again, you and your buddies at /r/the_Donald are the armpit of humanity.   Again, never said anything about liking Bernie. Again, you are projecting.   And finally, again, your view of the world is just straight up based on fabrication. Learn something about other people, so that you actually can talk about things that you understand, or shut your fucking idiot mouth. You are not helping matters with your ignorance.  You're entitled to your opinion, but when your opinion is that you can say any old stupid thing that pops into your head, you really need to learn to shut the hell up. You're wrong about everything you've said. One day you may realize that. Probably not, but there's always hope.\""}
{"_id": "122707", "title": "", "text": "\"Just tired of the bullshit postings stating \"\"Make $$$ NOW if you know Java or C# and have government clearance!!!!!!!!!!!!!!!!!!!!!!!!!!!'  LinkedIn is on par with craigslist - just different presentation.  Some company that wanted to hire me decided to make me a LinkedIn profile.  I told them to fuck off - intrusive assholes.\""}
{"_id": "122727", "title": "", "text": "I feel like this would be less controversial if we used a different term.  Its like an RF mirror.  I don't know exactly how this tech works, but the gist of it is the implant reflects RF singles in a specific way so that it can work like a key.  I would love to have this in place of my drivers license, credit card, etc.  It would be so convenient.  To open doors at work, doesn't really save me any hassle, because i can just put an RFID card in my wallet.  It'd need to be broader in scope for me to have any interest in it.   I think much of the outrage here is people not understanding the tech.  This isn't a Dr Krieger mind control chip."}
{"_id": "122747", "title": "", "text": "Beierle Carpet Care provides North County San Diego with the best quality truck mounted carpet cleaning, upholstery cleaning &amp; tile and grout cleaning. A family owned and operated business located in Vista, CA, dedicated to bringing you the best carpet cleaning services out there. Beierle Carpet Care takes pride in excellent customer service, from start to finish. Their attention to detail puts them above the rest. All of their technicians are attentive to your home taking extra care to make sure they move items properly and efficiently so they can give your carpets the best clean.  The best service at affordable pricing. All of the pricing is done up front -no bait and switch methods. The price they quote you is for truck mounted cleaning and includes pre-spotting, pre-spray, and neutralizer.  Beierle Carpet Care uses the steam cleaning method. This method is recommended by your carpet manufacturer. The pre-spray loosens the dirt and the steam cleaning and vacuum pulls the dirt out of your carpet. Nothing is left behind no sticky residue or dirt is left."}
{"_id": "122768", "title": "", "text": "Advantage of filing online (at least with TurboTax) is that they keep a record of your prior year taxes on their servers.  Also, you could fill some stuff out at work, and then go home and continue where you left off.  You also wouldn't have to mess with installing software. File online."}
{"_id": "122794", "title": "", "text": "Group RESPs are a bit like a true mutual insurance company. You all pay into the fund, and then, depending on the number of kids that are in school that particular year, you get paid a certain amount. Advantages could be that if you end up with one or two years of only your kid in school and nobody else's in that age bracket, you get more money. Disadvantage for the same-reverse reason also could be true. Another advantage of regular programs, unlike pooled, is that if you do not use all the money, then some/all of the remaining funds may be transferable to an RRSP. Personally I would not invest in one, unless it was more like a specific investment-club that I knew everybody."}
{"_id": "122807", "title": "", "text": "\"I actually had a similar situation when I tried to buy my house. I paid off all my loans and was proud of my \"\"debt free\"\" status. I had no car note, no student loans... absolutely no debt, but I did have a bank-issued credit card. (USAA, not Chase, but I assume the same may apply).   When I tried to get a home loan they told me I had \"\"absolutely no information on my credit report.\"\" AKA I had no credit. The mortgage lender had no idea what was going on, nor did I or anybody else. It took a lot of research before I realized that the credit bureaus use a formula for the credit rating that involves a lot of things, but if you haven't had a current line of credit reported to the agency in over a year (maybe it was longer, I didn't have anything for 3 years) you aren't going to have a credit score.   Because I was \"\"debt free\"\" I was also credit report free and eventually the credit bureaus had nothing to go on, and my score disappeared. The bank-issued credit card was on my credit report, but they didn't report monthly balances so the bureaus couldn't use it to determine if I was paying off the card or if I even had a balance on it. It was essentially not doing my credit any favors, despite what I had thought. In short, based on the fact that you have no debt in her name, and you have taken on all debt in your own name, its very plausible that she has no credit rating anymore. It won't take long to get it back. Once you have ANYTHING on your credit that's actually reported the formula can kick back in and look at credit history as well as current credit and she'll be fine.\""}
{"_id": "122813", "title": "", "text": "Optometric service is prevented and diagnosed abnormalities better known as refractive visual function as well as physical rehabilitation and rehabilitation for optical media and optical aids. The optometrist evaluates the patient and according to their visual problem, age and other special conditions, recommends the required correction: glasses, contact lenses or surgery. At Life Extension Optometry Contact lens fitting should be done by professionals because it is done depending on the type of visual Problem of each patient who will recommend different types of existing contact lenses: soft, rigid, gas permeable, bifocals and trifocals. The patient is made adaptive tests, tolerance and handling lenses to avoid complications that may arise from misuse of them."}
{"_id": "122822", "title": "", "text": "Every child is obsessed with video games. It\u2019s awesome. These games allow the young minds to explore strange worlds, become cool characters with mind blowing powers. Wouldn\u2019t it be great if these children were allowed to create a game of their own? In many game design summit for kids, they are taught animation and video games using Scratch, Kodu, Unity, Game salad, and many other user-friendly software, easily allowing the kids to harness the power of coding. Visit us online here: https://www.youtube.com/watch?v=Qq3q2hnJJQ8&amp;feature=youtu.be"}
{"_id": "122879", "title": "", "text": "Agree. Ony shit thing is they outsourced CS to India or some asian country. Being they make stupid money why the heck not make the country that created you a place where you have all services. Sadly the cost of companies always having VCs that have no heart for people but just for coin. Like a bread of little fingers :)"}
{"_id": "122896", "title": "", "text": "Taxes do not translate into income for the poor maybe under certain circumstances, but that's not true at all in general. Transfer payments, healthcare, education... those are areas where increased tax dollars correlate with increased income for the poor.   It certainly wouldn't be effective if those tax dollars went to the military, but it would undeniably increase income if it were distributed as transfer payments."}
{"_id": "122908", "title": "", "text": "\"There's a significant difference between \"\"discount\"\" and \"\"surcharge\"\". For starters - legal difference. If you have a list price of $X - that's the price you're committed to sell regardless of the payment method. So it doesn't matter if I pay with cash or credit - I'll pay $X. However, it costs you more when I pay with credit - so you want to pass that cost on me. You charge me surcharge - an addition to the price. In some States in the US and in some other countries - that is against the law. You cannot add on top of the listed price any amount regardless of the payment method. However, you can say that the list price is $X, which includes the assumed credit card surcharge of $Y. And then you give discount of $Y to anyone not paying with credit card. The list price is still $X, regardless of the payment method. You don't have to give the discount, the discount is your cost of doing business. But that would be legal in some places (not all!) that forbid credit card surcharge. So the main difference from legal perspective is that you're not allowed to add to the list price, but you're allowed to discount from it. Regarding taxes - exemption/deduction is not a penalty for negative. Exemption/deduction is an implementation of a social policy. For example, it is for the public benefit for everyone to own a house. So the Congress comes up with a deduction of mortgage interest. However, you're not penalized if you don't own a house by paying higher taxes. Your tax rate doesn't change. You just don't get to deduct something that you might be able to deduct had you owned a house with a mortgage. This is, again - a discount of a list price, not a surcharge. You're not penalized if you don't have a house or don't have a mortgage, but if you do - you get a break. The author you're quoting claims that bottom line would be the same as if you considered the absence of a deduction as a penalty. But that's not true, because even if you do have a mortgage you may not be able to deduct it because your income is too high, the mortgage is for too much, or your mortgage is not on the primary residence. So mere existence of the mortgage doesn't directly correlate to the existence of the deduction. Similarly with credit card surcharges - you may get a cash discount, but you may get the similar amount of money back even if you use a credit card. Not as a cash discount but rather as rewards, cash-backs or points. However, if there's no cash discount, you won't be getting these if you're paying cash. So again - you're not penalized for having a credit card by not getting a discount, because you may still get it in a different way - and if you don't, you still may end up not getting it. So the quote is a rather simplistic and negative view and more of an opinion than stating a fact.\""}
{"_id": "122909", "title": "", "text": "Consumerist posted a list of how long to keep bills."}
{"_id": "122910", "title": "", "text": "The biggest challenge as a young person maxing out a 401k in my opinion is the challenge of saving for a house, and (if necessary) paying off student loans. You have to consider - are you OK renting for the next 3, 5, 10 years? Or do you eventually want to buy a place? how much will that cost vs your current expenses?  That being said, I didn't max out but had over 8-10% of 401k contribution in the same situation you're in right now and I don't regret it.  Rereading your question, I see you are considering investing in a Roth IRA. Especially at your current age, assuming your wages will go UP, investing to the company match with the 401K and then maxing out a Roth IRA would be my recommendation. THEN continue maxing out the 401k (if you wish).  P.S. I highly recommend doing two things if you go down this path:"}
{"_id": "122918", "title": "", "text": "Barstable Medical Clinic is one of the trusted providers of dermal fillers Essex based treatments. They have healthcare professionals who are certified and experienced to perform such cosmetic treatments. Also, they pride themselves in delivering favourable and natural-looking outcomes. To know more about Barstable Medical Clinic and their dermal filler treatments, just visit their website, http://www.barstable.co.uk/."}
{"_id": "122934", "title": "", "text": "Not just jobs, entire companies were created. It opened up a whole new market. Then, with the iPhone coming out - competitors came out with their versions (Android, which distribution came out around 2007), which did the same thing except in a different market I'd like to attribute to Apple's iPhone."}
{"_id": "122940", "title": "", "text": "Since most developed countries view a low but positive inflation rate as ideal, it is very likely that we will end up with positive inflation.  However, modern societies such as Japan have experienced extraordinarily long periods of deflation.  In their case, however, it is mostly due to a political unwillingness to impose the costs on savers, as savers are politically in control. As to your point about things being so much cheaper in our grandparents' days, this is actually completely untrue for the vast majority of goods when measured in real terms (e.g., relative to the median workers' wages).  Today a decent bicycle can be bought with the average worker's earnings over a few days, whereas our grandparents would have had to work over a month.  A modern radio can be bought for perhaps an hours' worth of work ($10 on amazon.com), but our grandparents may have had to spend months working to buy their first radio.  There is no reason for this trend not to continue. Point is, inflation is not such a bad thing so long as wage growth keeps up or exceeds it."}
{"_id": "122943", "title": "", "text": "I'm referring to yachts in my link.  Most of the yachts listed in my link are significantly more valuable than the yacht in the article. Also, just because a $70mm yacht is listed for $40mm, doesn't decrease its running costs by a similar amount.  Also, the borrower listed in the article is no longer a billionaire, not by a long shot so my point still stands even at the number you mention."}
{"_id": "122946", "title": "", "text": "\"This is probably skewed, because most people see their credit-cards as \"\"emergency savings\"\".  But the real problem happens that once you have an emergency, it turns into two.  1) *Emergency*  2) Maxed out credit-card emergency.\""}
{"_id": "122952", "title": "", "text": "\"The guideline for the size of an emergency fund is just a guideline.  I've usually heard it expressed as \"\"3 to 6 months,\"\" but everyone has a different idea of exactly how big it should be. The purpose of the fund is to give you enough cash to be able to pay for unexpected expenses that have come up that you have not budgeted for without you having to borrow money to pay for them. To figure out how big this fund should be, we look at the worst case scenario.  Suppose that you lost your job tomorrow.  What would you do? Cut your expenses.  You'd probably be much more careful how you spend money. Secure health insurance.  This would be done by either continuing your employer's policy with COBRA, or by purchasing your own insurance, likely through the Obamacare/ACA market.  Keep in mind that most likely your employer is paying for a portion of your insurance now, so this expense will go up quite a bit no matter which option you choose. Look for another job.  You'd probably begin your search for a new job immediately. The size of your emergency fund determines how long you will be able to go without income before you need to start a new job. Regarding cutting your expenses, it is up to you how much you would cut.  There are things that are easy to cut temporarily (or permanently), such as restaurants, entertainment expenses, vacations, etc.  You would probably stop retirement investing until you have income again.  The more you cut, the longer your emergency fund would last.  Things you don't want to cut are necessities, like housing, groceries, utilities, transportation, etc.  I would also include health insurance in this list.  Certainly, if you have a pre-existing condition, you do not want to let your health insurance coverage lapse. Your employability is also a factor.  If you believe that you would have an easy time finding similar employment to what you have now, your emergency fund might not need to be quite as big as someone who believes they would have a harder time finding another job.\""}
{"_id": "122958", "title": "", "text": "Just watch these videos and you will definitely have a basic overall understanding of finance/econ:  &gt; [Overview of Finance by Ackman](https://www.youtube.com/watch?v=WEDIj9JBTC8)  &gt; [How the Economic Machine Works by Ray Dalio](https://www.youtube.com/watch?v=PHe0bXAIuk0)  A lot of universities have entire courses they put online. For example, Yale's open course on Financial Markets is excellent:   &gt; [Yale Econ 252](http://oyc.yale.edu/economics/econ-252-11)  &gt; [Youtube mirror](https://www.youtube.com/playlist?list=PL8FB14A2200B87185&amp;feature=plcp)"}
{"_id": "122963", "title": "", "text": "Get a Mac, then partition part of the drive for Windows. This is the best of both worlds, honestly. Windows has yet to come close to the intuitive and fluid interface that is OSX. Excel for OSX is terrible (poor macro/VBA support, formulas produce different outcomes, etc) so you'll want to use Windows."}
{"_id": "122970", "title": "", "text": "Thanks for your reply. I understand what all of the functions are, however, what I want to know is what I will be doing in Layman's terms. I guess I would just like to know what a day-in-the-life of what I would be doing will be. I would also like to know what I should expect during the phone interview I am having on Monday.   Thanks for your help on the matter"}
{"_id": "122977", "title": "", "text": "We get the best offer to our customer different accommodation in Cuba. You can choose what is the best your business services. Holiday rentals, Vacation rentals, Casa particular, and Bed and Breakfast in Cuba. We offer more than 25 destinations because Cuba is more than just Havana and vinales. If you want to really get to know Cuba you should choose one of our accommodations, especially the casa particular in Cuba."}
{"_id": "122986", "title": "", "text": "\"Your bank uses ClearXchange, not you. It is not a website where you open an account, like many others, but an inter-bank transfer system based on email addresses, kind of like free wire transfers between everyone. You don't have to set anything up, just accept the payment, and the money appears in your account (assuming the client used the email address your bank has on file for you). However, if you still don't want it, you can just ignore it. There is a timeout when his transaction gets auto-cancelled, and he gets his money back. Here is an example text from the 'fine print' (my highlighting): \"\"[...]We will continue our attempts by sending a second notice of a transfer to the recipient, and providing the recipient a period of nine (9) succeeding Business Days to register in the Service, or the person-to-person payment service of clearXchange, Zelle or a Network Bank. At the end of this period, if the recipient still has not registered, the transfer request will be Cancelled. The sender may cancel the transfer at any time during this ten (10) day period if the recipient is not registered at the time of cancellation.[...]\"\" (https://chaseonline.chase.com/Public/Misc/LAContent.aspx?agreementKey=chasenet_la)\""}
{"_id": "122987", "title": "", "text": "The idea is that paying your employees more confers benefits that are worth the cost. Paying employees more than they produce for you is (almost) always not a good idea. However, if paying higher wages has advantages, those advantages persist or are enhanced by other companies not paying higher wages."}
{"_id": "122996", "title": "", "text": "\"I can think of the following situations in which one could see a trade occur between the visible best bid & offer: 1) on a public exchange, people have posted hidden limit orders with either bid prices above the best visible bid or offers below the best visible offer, and incoming orders have executed against this hidden liquidity[1]; 2) some orders may have been matched in dark pools which offer \"\"mid-point matching\"\" where buy and sell orders are matched using the mid-point of the best available publicly posted bid and offer as the reference price, and which executed trades are then reported to the public markets; or 3) some internalising broker has traded off exchange directly with a client and is now reporting the trade to the public as is often required. Now how exactly any of the above situations indicates that a \"\"trend is about to come to an end\"\", I do not know. [1] Exchanges often match orders on a price/visibility/time basis, whereby the orders are prioritised by price (better prices get to trade first), then by visibility (visible orders get to trade first) then by time (first come, first serve).\""}
{"_id": "122998", "title": "", "text": "According to Wikipedia, import duties on goods range from 5-22% on everything but cars (30-100%) and a handful of other goods (no import duties). Since almost everything must be imported, you will still be paying the taxman, just on the consumption side."}
{"_id": "123000", "title": "", "text": "The only way to avoid paying the corporation tax is buying a house for say $100,000 and then letting it burn down by accident. So your money is gone without anything to show for it, your profits are gone, and you pay no corporation tax.  You pay corporation tax on profits. Profits that you invest are still profits."}
{"_id": "123013", "title": "", "text": "On paper the whole 6 months living costs sounds (and is) great, but in real life there are a lot of things that you need to consider. For example, my first car was constantly falling apart and was an SUV that got 16MPG. I have to travel for work (about 300 miles per week) so getting a sedan that averages close to 40MPG saves me more in gas and maintenance than the monthly payment for the new car costs. When our apartment lease was up, the new monthly rent would have been $1685 per month, we got a 30 year mortgage with a monthly payment of $1372. So buying a house actually let us put aside more each month. We have just under 3 months of living expenses set aside (1 month in liquid assets, 2 months in a brokerage account) and I worry about it. I wish we had a better buffer, but in our case the house and car made more sense as an early investment compared to just squirreling away all our savings. Also, do you have any debt? Paying off debt (student loans, credit card debt, etc.) should often take top priority. Have some rainy day funds, of course, but pay down debts, and then create a personal financial plan for what works best in your situation. That would be my suggestion."}
{"_id": "123027", "title": "", "text": "I know in the instance that if my MAGI exceeds a certain point, I can   not contribute the maximum to the Roth IRA; a traditional IRA and   subsequent backdoor is the way to go. My understanding is that if you ever want to do a backdoor Roth, you don't want deductible funds in a Traditional account, because you can't choose to convert only the taxable funds. From the bogleheads wiki: If you have any other (non-Roth) IRAs, the taxable portion of any   conversion you make is prorated over all your IRAs; you cannot convert   just the non-deductible amount. In order to benefit from the   backdoor, you must either convert your other IRAs as well (which may   not be a good idea, as you are usually in a high tax bracket if you   need to use the backdoor), or else transfer your deductible IRA   contributions to an employer plan such as a 401(k) (which may cost you   if the 401(k) has poor investment options)."}
{"_id": "123030", "title": "", "text": "Quite a few stock broker in India offer to trade in US markets via tie-up brokers in US. As an Indian citizen, there are limits as to how much FX you can buy, generally very large, should be an issue. The profits will be taxed in US as well as India [you can claim relief under DTAA]"}
{"_id": "123037", "title": "", "text": "\"Most people don't understand the fact that most of the extra \"\"Ticketmaster fees\"\" go directly to the venue/promoters of the event. Instead of charging $80/ticket, they are able to advertise $50/ticket with $25 service fee, $5 shipping fee, and $3 convenience fee. Ticketmaster gets a small slice of the overall pie and allows their brand to take a hit for it.   I don't see Amazon entering the game changing much about that unless they find ways to systematically bring down scalpers.\""}
{"_id": "123038", "title": "", "text": "There's no such service. The Israeli Credit Cards law is such that it will be very easy to defraud credit card issuers if such service was available. Check with the postal company if they allow doing it through their bank account, although their online service was horrible last time I checked. This is obviously country-dependent as laws differ from place to place."}
{"_id": "123047", "title": "", "text": "I would not expect any problems. Your interest will have tax deducted at 20% which I don't think you would be entitled to reclaim because you don't get a personal allowance if you aren't resident in the UK, and unless you have a huge amount of UK earnings you would not be legally liable to any higher rates of tax so there would be no issues there. If you were liable to more tax you would be obliged to inform the Inland Revenue."}
{"_id": "123053", "title": "", "text": "How much Federal Capital Gains, NYS Income tax and local tax should I expect to pay? You're going to net about 2.4 millions of dollars. Federal long term capital gains tax is 20% (plus 3.8% medicare), NYS is 8.82%. Does it make sense to investigate the tax benefits of financing the sale for the buyer? Yes. Have your tax adviser check the options for you (financing, instalment, etc), especially if you have no other US-sourced income. Tax treaties are also something your tax adviser should be looking at. Be sure your tax adviser is properly licensed in New York as either EA, CPA or Attorney. Don't do anything without a proper tax advice."}
{"_id": "123054", "title": "", "text": "That's a huge misinterpretation of the theory and jumps to an incorrect conclusion.  Likely small town shopping malls that have been beat by Wal-Mart and Amazon. Same average amount of people shopping in person, but for different things at different proces"}
{"_id": "123064", "title": "", "text": "\"In the US, \"\"business class\"\" doesn't normally exist.  Major carriers have Economy or First.  And I bet you can count on one hand the number of employers who will spring for a domestic first ticket for rank-and-file employees.\""}
{"_id": "123071", "title": "", "text": "Remember that due to inflation you are paying back the loan with cheaper dollars in the future.  If there are no gimmicks in the loan like early payment penalties, or must pay by a certain date or that the credit was for a store that sold the products at a higher price than you could get elsewhere then you are not just getting free money they are paying you to take the money."}
{"_id": "123072", "title": "", "text": "HP needs to knuckle down and focus on core principles if they want to survive. Time was they were synonymous with printing, they need to get back to that. Stop making disposable inkjets that are cheaper to replace than purchase ink for. Start making bulletproof hardware with 100,000 duty cycles like the old HP Laserjet 4s that many companies still run because the new stuff is shite."}
{"_id": "123083", "title": "", "text": "\"It's probably only due to a bunch of \"\"well can't we just over design it, market it slick, and sell the same crap our competitor does with a higher price and margin? I mean it works for Apple, right?\"\"\""}
{"_id": "123103", "title": "", "text": "This may not help with the overall grocery issue, but I find that there are items that I can do without the name brand version of.  A handy rule-of-thumb is to start with the least-expensive brand and work your way up, until you find one that your family likes.  For instance, I've learned I can do without French's mustard in favour of no-name, but there's no way I can live without Kraft peanut butter."}
{"_id": "123114", "title": "", "text": "\"According to the article, the IRS issued a \"\"stop-work Order\"\" for the contract with Equifax while it undertakes an investigation. I have to assume that the contract laid out termination provisions, so it's likely that the IRS is making sure that they don't do anything which appears to be a breach of contract and gives fuel to Equifax to sue (frustrating, I know).  What I really like is the statement released by Equifax following the decision by the IRS: \u201cWe remain confident that we are the best party to perform the services required in this contract.\"\"   How delusional do you have to be to make a bold statement like that after what happened?\""}
{"_id": "123123", "title": "", "text": "&gt; and actively hacking an election  I thought the jury was still out on that and the main focus was still about media manipulation and leaks intended to impact the election, not manipulating results or registration (some hackers seem to have accessed voter registration databases though..).  Did I miss something? There is so much noise at the moment it's sometimes hard to spot."}
{"_id": "123130", "title": "", "text": "\"And that is exactly where the problem lies, you yourself admit you work like a horse, that you constantly are trying to improve yourself. Do you think you are the only one? Don't you think a million others are doing the same things? This is exactly where the problem arises, its a race to the bottom. Oh just learn to code, just learn another language, blablablah. That will hardly make you more competitive if a million other people are doing the same thing. Honestly, you cannot expect a million people to go through higher education again, you can't expect millions to improve their skills in a world where there are more people than jobs, in a world where everyday automation makes another chunk of the population permanently unemployable.  And yes, never forget the token rich person. One random person managed to escape poverty? Ok, let's ignore all the data showing that social mobility is virtually non-existent in todays society, the system most work, if one out of 4 billion people in poverty managed to escape.  Why is it such a radical idea that in a world where there are more people than jobs, in a world where food roots away, medicine keeps waiting on the shelves and many \"\"gentrified\"\" houses are empty while right next to them there are homeless people, that in such a world, a person is entitled to some food, shelter and medical aid?\""}
{"_id": "123135", "title": "", "text": "Don't worry about it, it looks like many articles written by non-native speakers.  Practice makes perfect and it looks like you are heading in the correct direction.  Most of the mistakes are little things like missing articles.  One thing I noticed is that you could work on is articles.  For instance the first sentence should be The Russian Government.  Good luck!"}
{"_id": "123146", "title": "", "text": "Nowadays, you can find a lot of info about water damaged carpets so it is necessary to learn all you need to know to prevent issues. The initial action that you need to take when you have a flooded basement or home is to de-activate the gas and electricity. The structures of your home and electrical short circuit systems should be thoroughly checked for damage."}
{"_id": "123152", "title": "", "text": "This is so messed up. One would think that those who choose to farm organically would choose to do so morally. Yet, big business has bastardized the organic conversation. This is why small local organic farms and ranches are still, and will always be the more moral and confident choice for sustainably oriented consumers."}
{"_id": "123170", "title": "", "text": "Revenue does not equal income.  Income is, more or less, synonymous with profit. It is the amount of money earned after expenses.  A corporation is taxed on its revenue after its deductible expenses have been removed, the same as a person is.  It's kind of double taxation, but it's kind of the same argument as saying that payroll taxes in addition to income taxes are double taxation.  Also of note: taxes on dividends are lower than normal taxes because of this double taxation."}
{"_id": "123181", "title": "", "text": "\"&gt;\"\"Engineers cant even reliably get a robot to recognize an object like a chair.\"\"  My first thought in response to your statement was that you were wrong, but then I started thinking about the very wide variety of what we consider to be a chair and I realized that thats actually quite true, especially if you include modernist or upholstered chairs in the set of chairs .    However, I think thats a bad example, because not being able to do that particular task reliably and rapidly for another five years or so without spending a huge amount of money isn't going to save any particular jobs that I know of. Because we're not at the stage yet where we need to solve those particular kinds of problems.   The kinds of machine vision problems that are impacting jobs are much more mundane and much easier to solve.  For example, distinguishing between kinds of fruit, produce, etc. in a grocery, or determining visually if fruit is ripe, etc, in various agricultural applications.\""}
{"_id": "123199", "title": "", "text": "As someone with a friend who received a cease and desist from Lego over a niche lego related product very similar to what is described, I seriously doubt that Lego has changed their notoriously litigous stance.  In fact, they've tried to sue people who made products compatible with lego before and failed in court.  This article is probably just spinning an awareness that they don't have a legal leg to stand on into a benevolent attitude."}
{"_id": "123203", "title": "", "text": "Berkshire Hathaway's earnings for the last reported quarter were $6.395 billion, which works out to $822 in profit per second, 24 hours a day, seven days a week. This is directly the result of about 50 years of carefully applying the value investing philosophy."}
{"_id": "123216", "title": "", "text": "I was in a similar situation years back and I refused to pay the bill. My point of view was that I provided the hospital with all information needed to submit the claim in a timely matter and that I should not be held responsible for their failure to do so. In the end they waived the charges. So while technically I might have been responsible for paying the charges, in reality I think they decided it wasn't worth the hassle of making me (I would have fought it all the way up to the top). Not sure that I would recommend this approach though :)"}
{"_id": "123226", "title": "", "text": "\"The first thing you have to do is to decided what area in finance you want to get into. For example, investment banking and quant are very different jobs. Learning all the CFA material is useful, so you might as well take the exams too while you are at it. You may be able to get into financial IT or some type of financial programming job. That is one step closer to your goal because at least you will be at a finance company and you can network with people that are in the field.  Also, if you want to go into the buy side like I did, I recommend you invest your own money and manage your own portfolio. That way you would have some intimate familiarity with some companies/strategies. You can't get this from a textbook. There is something a little wrong with someone who wants to manage other people's money when he doesn't manage his own. That is a tough sell.  You can't be too picky about where you get in. Getting in the door is the most important. I got a lot of quant interviews because I was an engineer. Those interviews consist of a lot of math and brain teaser type questions. For fundamental analyst positions, they will typically want to figure out how you think about businesses/companies.  You can typically steer the interview any way you want, which is why I think it is important that you invest your own money. If you say \"\"the largest position I hold is in XYZ company\"\", you can be 99% certain that they will be asking about that investment for the next 15 minutes (at least). That is your opportunity to show how you can add value.  Most companies prefer students for entry level, because why hire a guy who is already working in another field when you can get someone fresh? I stood out in the interviews because I could say \"\"I put $50k into this position because...\"\". It's not the only way to do it, but I can only provide you with my anedoctal experience.\""}
{"_id": "123235", "title": "", "text": "If I were a fan of Tim Hortons, I'd be concerned that BK's ownership (namely the private equity firm 3G which has a 51 per cent stake) runs Timmy's like it ran BK. A succession of private equity firms have sucked every penny of capital they could out of BK, enriching themselves and gutting BK in the process.  [Fortune Magazine](http://www.google.ca/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;cad=rja&amp;uact=8&amp;ved=0CB8QFjAA&amp;url=http%3A%2F%2Ffortune.com%2F2012%2F04%2F13%2Fburger-king-is-too-big-to-fix%2F&amp;ei=hsj6U8D9MI7noATZkYLYBA&amp;usg=AFQjCNG1accTGUmKkrd2puXwOwh2wC742w&amp;sig2=z7oJ7iLyTacDwO7wjMlN0g&amp;bvm=bv.73612305,d.cGU) describes what they did:  &gt;Our view is that the overriding motivation of several owners throughout the years, and now 3G Capital, has been to starve the brand of capital in order to pay parent shareholders nice and quickly... By our reckoning, the last two private equity firms that have taken ownership of the company have deprived it of $1 billion or more in capital that could have been used to improve the company\u2019s relative standing versus its competitors, many of whom Burger King now struggles to keep up with.  [Bloomberg Businessweek](http://www.businessweek.com/stories/2006-04-09/burger-king-wheres-the-beef) describes how they did it:  &gt;... this past February [2006], Burger King borrowed an additional $350 million so its owners could pay themselves and its two partners a special $367 million dividend.  The private equity owners weren't content to raid BK's bank account for everything in it. They borrowed hundreds of millions of additional dollars, piling debt onto a struggling burger chain just to give that money to themselves.  Burger King is a shitty, uncompetitive burger chain with an outdated menu, dilapidated stores, and invisible marketing.  Tim Hortons may be just the next victim for these private equity vampires to suck dry after wringing out all the capital and debt they could out of BK."}
{"_id": "123237", "title": "", "text": "If you go through the web pages of some online brokers, you will find out that some of them allow you to manage friends/relatives accounts from your account as a trusteer. That should really solve your underlying problem, you will need only one login, etc. (Example: https://www.interactivebrokers.com/ff/en/main.php) If I understand it right it will even allow you to make one trade splitting the cost and returns among the other accounts, but you would have to verify that. Anyways, that will save you a lot of trouble and your broker can probably help you with the legal necessities."}
{"_id": "123238", "title": "", "text": "Everyone complaining about fraud and jail time have no idea what they are talking about. Fraud in a financial sense is very difficult to prove. It is also very expensive to litigate. Furthermore, there is little evidence there was any actual fraud. Rather a number of things just went wrong. At the time, you had the Chairman of the Federal Reserve Ben Bernanke and the Treasury Secretary Henry Paulson both going on TV saying subprime wasn't an issue and even if it was it wouldn't affect the wider mortgage market. The regulators knew what was going on and did nothing at the time because none of the economic models anyone used showed we would go into recession."}
{"_id": "123242", "title": "", "text": "\"I think the answer to this is just \"\"no.\"\"  It's not commonly available to have the option to obtain a mortgage at a fixed amount and fixed rate, especially over a timeframe like the 5 yrs you mentioned in your question.  There would be several practical problems with such a thing, including but not limited to: As was noted in a comment to your question, it is common to be able to \"\"lock\"\" a rate over a period of days to weeks.  This isn't the same as what you asked though, because it's much shorter term and it's typically tied to having an offer accepted on a specific house.\""}
{"_id": "123256", "title": "", "text": "Put it in the bank and earn the meager interest rate.  By far your most important investment is finishing your education and as such this money might be needed to do so. If you don't need the money during your education you will undoubtedly need it for a new apartment/furnishings/moving expenses."}
{"_id": "123263", "title": "", "text": "\"If you are looking for numerical metrics I think the following are popular: Price/Earnings (P/E) - You mentioned this very popular one in your question.  There are different P/E ratios - forward (essentially an estimate of future earnings by management), trailing, etc..  I think of the P/E as a quick way to grade a company's income statement (i.e: How much does the stock cost verusus the amount of earnings being generated on a per share basis?). Some caution must be taken when looking at the P/E ratio.  Earnings can be \"\"massaged\"\" by the company.  Revenue can be moved between quarters, assets can be depreciated at different rates, residual value of assets can be adjusted, etc..  Knowing this, the P/E ratio alone doesn't help me determine whether or not a stock is cheap. In general, I think an affordable stock is one whose P/E is under 15. Price/Book - I look at the Price/Book as a quick way to grade a company's balance sheet.  The book value of a company is the amount of cash that would be left if everything the company owned was sold and all debts paid (i.e. the company's net worth).  The cash is then divided amoung the outstanding shares and the Price/Book can be computed.  If a company had a price/book under 1.0 then theoretically you could purchase the stock, the company could be liquidated, and you would end up with more money then what you paid for the stock. This ratio attempts to answer: \"\"How much does the stock cost based on the net worth of the company?\"\" Again, this ratio can be \"\"massaged\"\" by the company.  Asset values have to be estimated based on current market values (think about trying to determine how much a company's building is worth) unless, of course, mark-to-market is suspended.  This involves some estimating.  Again, I don't use this value alone in determing whether or not a stock is cheap. I consider a price/book value under 10 a good number.   Cash - I look at growth in the cash balance of a company as a way to grade a company's cash flow statement.  Is the cash account growing or not? As they say, \"\"Cash is King\"\".  This is one measurement that can not be \"\"massaged\"\" which is why I like it.  The P/E and Price/Book can be \"\"tuned\"\" but in the end the company cannot hide a shrinking cash balance. Return Ratios - Return on Equity is a measure of the amount of earnings being generated for a given amount of equity (ROE = earnings/(assets - liabilities)).  This attempts to measure how effective the company is at generating earnings with a given amount of equity.  There is also Return on Assets which measures earnings returns based on the company's assets. I tend to think an ROE over 15% is a good number. These measurements rely on a company accurately reporting its financial condition.  Remember, in the US companies are allowed to falsify accounting reports if approved by the government so be careful.  There are others who simply don't follow the rules and report whatever numbers they like without penalty. There are many others.  These are just a few of the more popular ones.  There are many other considerations to take into account as other posters have pointed out.\""}
{"_id": "123287", "title": "", "text": "This is taxed as ordinary income. See the IRC Sec 988(a)(1). The exclusion you're talking about (the $200) is in the IRC Sec 988(e)(2), but you'll have to read the Treasury Regulations on this section to see if and how it can apply to you. Since you do this regularly and for profit (i.e.: not a personal transaction), I'd argue that it doesn't apply."}
{"_id": "123291", "title": "", "text": "Just looking at CONED, [here is gas](https://www.coned.com/_external/cerates/documents/average_monthly_gas_bills.pdf) and [here is electric](https://www.coned.com/-/media/files/coned/documents/accountandbilling/about-your-bill-rates/average_monthly_electric_bills.pdf).   You'll have to forgive me -- when it comes to NY, I'm more familiar with gas and with residential rates, so what I said doesn't hold true across the board for electric commercial customers.   For residential electric, starting in 2009, delivery started outpacing commodity charges; by 2015 (not sure why they haven't posted 2016 data yet), $29 worth of electricity cost you $49 in delivery charges. For residential gas, the flip occurred in 2010 and was much more significant -- in 2016, a customer whose bill is just over $100 paid $75 for delivery and $25 for the actual gas (part of that is that gas prices are low, part of it is that delivery costs have gone up nearly 50%).   Each utility is different, so the [gas info is here](http://www3.dps.ny.gov/W/PSCWeb.nsf/All/85297E80413DBEDB852581A6006261BE?OpenDocument) and the [electric info is here](http://www3.dps.ny.gov/W/PSCWeb.nsf/ArticlesByTitle/0B9E6D4CE48E09EE852578570055E27B?OpenDocument) if you're interested.   I'm not sure about primers -- I haven't really looked for them -- but I know that many companies and brokers do have some materials on their websites.  For electricity in particular, I'm much more familiar with Texas than New York, but a lot of the principles are the same: look at your bills and make sure you understand all the charges and what your usage/demand is (especially over the course of a year), look up the [utility tariff](http://www3.dps.ny.gov/W/PSCWeb.nsf/ArticlesByTitle/1ABA5E2E4E08F72585257687006F3AB1?OpenDocument), and make sure everything lines up.  I harp on demand charges (a charge based on your peak energy usage during any set interval of time -- 15 minutes in TX, not sure about NY) because that's where commercial customers can get stuck paying really high charges."}
{"_id": "123301", "title": "", "text": "\"&gt; This is an idea that was actually put into place more than a 100 years ago, in 1896 and even before, when the first electric cars were introduced and they even built \"\"service stations\"\" for them so you can swap the batteries. [read it here]  &gt; Even electric cars made by Tesla are nothing new.  &gt; And recently, a company called \"\"Better Place\"\", in Israel, produced modern electric cars with automated and robotic service stations that will swap the batteries for them. Read about \"\"Better Place\"\".  &gt; Bottom line: nothing new here for more than 100 years.\""}
{"_id": "123320", "title": "", "text": "\"The question is, how do I exit? I can't really sell the puts because there isn't   enough open interest in them now that they are so far out of the money. I have about $150K of funds outside of this position that I could use, but I'm   confused by the rules of exercising a put. Do I have to start shorting the stock? You certainly don't want to give your broker any instructions to short the stock! Shorting the stock at this point would actually be increasing your bet that the stock is going to go down more. Worse, a short position in the stock also puts you in a situation of unlimited risk on the stock's upside \u2013 a risk you avoided in the first place by using puts. The puts limited your potential loss to only your cost for the options. There is a scenario where a short position could come into play indirectly, if you aren't careful.  If your broker were to permit you to exercise your puts without you having first bought enough underlying shares, then yes, you would end up with a short position in the stock. I say \"\"permit you\"\" because most brokers don't allow clients to take on short positions unless they've applied and been approved for short positions in their account. In any case, since you are interested in closing out your position and taking your profit, exercising only and thus ending up with a resulting open short position in the underlying is not the right approach. It's not really a correct intermediate step, either. Rather, you have two typical ways out: Sell the puts.  @quantycuenta has pointed out in his answer that you should be able to sell for no less than the intrinsic value, although you may be leaving a small amount of time value on the table if you aren't careful.  My suggestion is to consider using limit orders and test various prices approaching the intrinsic value of the put.  Don't use market orders where you'll take any price offered, or you might be sorry. If you have multiple put contracts, you don't need to sell them all at once. With the kind of profit you're talking about, don't sweat paying a few extra transactions worth of commission. Exercise the puts.  Remember that at the other end of your long put position is one (or more) trader who wrote (created) the put contract in the first place. This trader is obligated to buy your stock from you at the contract price should you choose to exercise your option.  But, in order for you to fulfill your end of the contract when you choose to exercise, you're obligated to deliver the underlying shares in exchange for receiving the option strike price. So, you would first need to buy underlying shares sufficient to exercise at least one of the contracts.  Again, you don't need to do this all at once.  @PeterGum's answer has described an approach. (Note that you'll lose any remaining time value in the option if you choose to exercise.) Finally, I'll suggest that you ought to discuss the timing and apportioning of closing out your position with a qualified tax professional. There are tax implications and, being near the end of the year, there may be an opportunity* to shift some/all of the income into the following tax year to minimize and defer tax due. * Be careful if your options are near expiry!\u00a0 Options typically expire on the 3rd Friday of the month.\""}
{"_id": "123322", "title": "", "text": "That's not why they are mad. From the article:  'However, Oliver found court documents stating Alpha later asked its bankruptcy trustee if the coal company could save $3 million by cutting health and life insurance benefits of around 1,200 non-union retirees \u2014 so that the company could then pay $11.9 million in bonuses to fifteen top executives, including Crutchfield.'"}
{"_id": "123326", "title": "", "text": "The solution is clear: You need to find a second job and work on the weekends and use that to pay off your debt.  You're only 25, you need to scrimp every ounce of your extra energy and pay off your debts by age 30.  You can do it by working a second job, and by working harder at your current job and getting promotions and raises."}
{"_id": "123330", "title": "", "text": "Jimmy sinh ra trong m\u1ed9t gia \u0111\u00ecnh \u0111\u1ec1u l\u00e0m gi\u00e1o vi\u00ean, quan \u0111i\u1ec3m ki\u1ebfm ra nh\u1eefng \u0111\u1ed3ng ti\u1ec1n ch\u00e2n ch\u00ednh \u0111\u01b0\u1ee3c h\u00ecnh th\u00e0nh t\u1eeb n\u1ec1n gi\u00e1o d\u1ee5c c\u1ee7a gia \u0111\u00ecnh. Ngh\u00e8o cho S\u1ea0CH \u2026 r\u00e1ch cho TH\u01a0M =&gt; ch\u00ednh l\u00e0 th\u00f4ng \u0111i\u1ec7p m\u00e0 Jimmy truy\u1ec1n t\u1ea3i t\u1edbi c\u00e1c ace \u0111ang ho\u1ea1t \u0111\u1ed9ng trong ngh\u1ec1 T\u01b0 v\u1ea5n \u0110\u1ea7u t\u01b0.  Nh\u1edb l\u1ea1i th\u1eddi k\u1ef3 \u0111\u1ea7u tham gia ngh\u1ec1 t\u01b0 v\u1ea5n, ph\u1ea3i t\u1edbi th\u00e1ng 3 n\u0103m 2010 th\u00ec Jimmy m\u1edbi c\u00f3 thu nh\u1eadp t\u1eeb vi\u1ec7c cung c\u1ea5p chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 v\u00e0 ti\u1ec1n th\u01b0\u1edfng khi g\u1ee1 l\u1ec7nh th\u00e0nh c\u00f4ng cho Nh\u00e0 \u0111\u1ea7u t\u01b0. Tuy nh\u1eefng \u0111\u1ed3ng ti\u1ec1n \u0111\u00f3 kh\u00f4ng \u1ed5n \u0111\u1ecbnh nh\u01b0ng \u0111\u00e3 th\u00fac \u0111\u1ea9y cho Jimmy ni\u1ec1m h\u1ea1nh ph\u00fac khi \u0111\u1ebfn v\u1edbi th\u1ecb tr\u01b0\u1eddng \u0111\u1ea7u t\u01b0 V\u00e0ng T\u00e0i Kho\u1ea3n."}
{"_id": "123356", "title": "", "text": "\"Wow,  I cannot believe this is a question.  Of course reading the 10Ks and 10Qs from the SEC are incredibly beneficial.  Especially if you are a follower of the investing gurus such as Warren Buffett, Peter Lynch, Shelby Davis.  Personally I only read the 10K's I copy the pertinent numbers over to my spreadsheets so I can compare multiple companies that I am invested in.  I'm sure there are easier ways to obtain the data.  I'm a particular user of the discounted free cash flow methodology and buying/selling in thirds. I feel like management that says what they are going to do and does it (over a period of years) is something that cannot be underestimated in investing.  yes, there are slipups, but those tend to be well documented in the 10Qs.  I totally disagree in the efficient market stuff.  I tend to love using methodologies like Hewitt Heisermans \"\" It's Earnings that Count\"\" you cannot do his power-staircase without digging into the 10Qs.  by using his methodology I have several 5 baggers over the last 5 years and I'm confident that I'll have more.  I think it is an interesting factoid as well that the books most recommended for investing in stocks on Amazon all advocate reading and getting information from 10Ks.   The other book to read is Peter Lynch's one-up-wall-street.  The fact is money manager's hands are tied when it comes to investing, especially in small companies and learning over the last 6 years how to invest on my own has given me that much more of my investing money back rather than paying it to some money manager doing more trades than they should to get commision fees.\""}
{"_id": "123358", "title": "", "text": "If you buy a car using a loan, the dealer gets benefited by the financing institution by the way of referring fee paid to the dealer by the institution, and that too if the dealer has helped in financing the purchase. Otherwise for the dealer it doesn't matter if one pays in full or through financing. The dealer is paid in full in either cases. Hence the dealer may slightly get disappointed that you are not taking a loan."}
{"_id": "123366", "title": "", "text": "I'd imagine you want to keep the utility bills around to dispute any historical billing errors or anomalies for perhaps 6 months to a year. Beyond that, you always have the financial records of making the payments -- namely, your bank statements. So what benefit is there in keeping the paper receipts for utility payments around for longer than that? I say shred them, with extreme prejudice -- while wearing black Chuck Norris style."}
{"_id": "123368", "title": "", "text": "You cannot. Even if your children actually have that money - your fiduciary duty is to them, not to yourself. You cannot gift away money they own for your own purposes. They have to want to gift it away, since it belongs to them. I doubt they do, or they should. Since you have to have their best interests in mind - you shouldn't allow them gift away such amounts even if they're willing to. Doing otherwise will be a criminal act on your behalf (embezzlement/breach of fiduciary duty). Do talk to an attorney of course, since I'm not. But that is my understanding of things. If your kids don't actually have the money, then they can obviously not gift it, so claiming that they did would be a tax fraud."}
{"_id": "123372", "title": "", "text": "\"This.  People that aren't making much think \"\"Wow - $100k is so much money. If I made that much I'd never have to worry about money again.\"\" Then they start making that much and realize it doesn't stretch nearly as far as they think it will. Biggest problem, of course, is taxes take an ever bigger bite.\""}
{"_id": "123384", "title": "", "text": "\"It comes down to the resolution you want to have on your personal finances.  A package like GNUCash allows you to easily answer questions like \"\"Exactly how much do I spend on interest per month/year/decade.\"\"  Same with pretty much any other expense, liability or asset you have whether it be taxes, utilities, your home equity or your net worth.  The other tools you mention are nice, and certainly convenient, but they tend to lump things together in broad strokes and omit many categories altogether (taxes).  Ultimately by having such a fine grained accounting tool, you can target small or large things to better budget your money.   Another thing a package like GNUCash provides is a single, private place to consolidate all of your finances.  This is nice for things like net worth and asset accounts that you might not want to give a company access to. Finally, GNUcash in particular helps normal people think like accountants.  Rather than lump everything into 'income' and 'expenses', once you start using GNUCash you'll start thinking in terms of equity, liabilities, net-worth and assets in addition to income and expenses.  This gives me a much more accurate view of my finances and helps me better target areas for improvement.  In short, it helps me to see the broader picture which helps me to keep my eye on the prize - which of course is to not have to worry about money at all.\""}
{"_id": "123395", "title": "", "text": "The formula you need is:    M = (r * PV) / (1 - ((1+r)^(-n)))    M = monthly payment ($350)  r = interest per period (7.56% / 12) = 0.63%  n = number of periods (36 months)  PV = present value, or here, your max loan amount given M    Therefore:  $350 = (0.63% * PV) / (1 - ((1+0.63%)^(-36)))   The denominator on the right ends up equal to ~ 0.2025 when you do the math in your calculator. Carry that over to the by multiplying both sides of the equation by 0.2025    This results in $70.82 = 0.63% * PV    Divide $70.82 by 0.63% to get PV = $11,242 (roughly).    Hope this helps explain it algebraically!!"}
{"_id": "123418", "title": "", "text": "\"(I answered a similar question before.) Essentially, you shouldn't trust a site you find on the Internet merely because it looks professional and real.  Before signing up with any new service provider you found online, you should verify the authenticity of both the organization itself and their web site address. Even if the name displayed by a web site represents a legitimate brokerage firm, any site you happen to come across on the Internet could be an elaborate spoof of a real company, intended to capture your personal details (or worse). First, to check if a brokerage firm is in fact registered to trade securities \u2013 in the United States \u2013 you can consult FINRA's BrokerCheck online service.  This might be the first of many checks you should undertake ... after you convince yourself that FINRA is legitimate.  A meta-problem ;-) Then, if you want to know if the web site address is authentic, one way is to contact that broker offline using the contact information found from a trusted source, such as the FINRA BrokerCheck details.  Unfortunately, those details do not currently appear to contain the broker's web site URL.  (Else, that could be useful.) Another thing to look at is the site's login or sign-up page, for a valid SSL certificate that is both issued to the correct legal name of the brokerage firm as well as has been signed by a well-known certificate authority (e.g. VeriSign). For a financial services firm of any kind, you should look for and expect to see an Extended Validation Certificate.  Any other kind of certificate might only assert that the certificate was issued to the domain-name owner, and not necessarily to an organization with the registered legal name.  (Yes, anybody can register a domain with a similar name and then acquire a basic SSL certificate for that domain.) FWIW, Scottrade and ShareBuilder are both legitimate brokers (I was aware already of each, but I also just checked in the FINRA tool), and the URLs currently linked to by the question are legitimate web site addresses for each.  Also, you can see their EV certificates in action on secured pages here and here. As to whether your investments with those brokers would be \"\"safe\"\" in the event of the broker failing (e.g. goes bankrupt), you'll want to know that they are members of the Securities Investor Protection Corporation (Wikipedia).  (Of course, this kind of protection doesn't protect you if your investments simply go down in value.) But do your own due diligence \u2013 always.\""}
{"_id": "123422", "title": "", "text": "As long as they don't hold your package and drive around with it when it's early I'll be happy.  I know it's a first world problem but my phone sat in a hot truck for 2 days and drove around rural Minnesota because it got to the local sorting stating 2 days ahead of schedule."}
{"_id": "123428", "title": "", "text": "\"The companies with the highest level of costumers that are able to stay under the limit for fuel will be able to draw the larger Revenue/Expense ratio (or what Obama calls it Profit to Earnings Ratio).  This will make it easy for medium size companies to make the most money.  Larger companies will still make money but will be \"\"pushed down\"\" because they have to pay that extra tax because they will reach the Cap of the Cap &amp; Trade policy.  This doesn't mean Companies with the lowest emissions will have to lowest prices. The larger companies will still have the decent prices. A company may have horrible engines but they don't fly so much they will not   hit the cap in the cap &amp; Trade so they wont have to pay that extra tax the larger companies do.  So a company may start and grow very fast but once they get big enough they will start slowing down because of the government.  Edit: last 2 paragraphs\""}
{"_id": "123446", "title": "", "text": "Yes, but unless they had prior legal experience they would still have to hire a lawyer to help them out. And even when they won, it is not certain that they would recover any money. The licensing fee amount was chosen to be low enough to make it not worth the potential risk of getting into a lawsuit."}
{"_id": "123449", "title": "", "text": "The whole point about outsourcing things is that the people who are most efficient at doing something end up doing that thing.  It's an ongoing improvement process, but we're getting products at lower cost AND getting back our customer service as a result of outsourcing."}
{"_id": "123468", "title": "", "text": "Under Income Tax Act, tax liability depends on residency as defined under section 6 of the Income Tax Act, and not on citizenship. If you are resident in India, then your global income is taxable. As it appears from your question, you are not resident of India (182 days stay in India in a FY), as such you will have absolutely no tax liability for whatever income you earn outside India."}
{"_id": "123483", "title": "", "text": "&gt; Good CEOs need to have a good grasp on accounting, finance, marketing, strategy, human resources and problem solving.  President Trump has been a CEO of a big company most of his life.  Do you think he has a good grasp on accounting, finance, marketing, strategy, human resources, and problem solving?"}
{"_id": "123511", "title": "", "text": "\"What can I do to help him out, but at the same time protect myself from any potential scams? Find out why he can't do this himself.  Whether your relative is being sincere or not, if he owns both accounts then he should be able to transfer money between them by himself.  If you can find a way to solve that issue without involving your bank account, so much the better. Don't settle for \"\"something about authorized payees and expired cards.\"\"  Get details, write them down.  If possible, get documents.  Then go to a bank or financial adviser you can trust and run those details by them to see what they have to say.  Even if there's no scam, if what he's trying to do is illegal (even if he doesn't realize it himself) then you want to know before you get involved.  You say you're willing to deal with \"\"other issues\"\" separately, but keep in mind that, even if there's no external scam here, those \"\"other issues\"\" could include hefty fees, censures on your own account, or jail time. Ask yourself: Does it make sense that this relative has an account overseas?  I don't have any overseas accounts, because I don't do business in other countries.  Is your relative a dual-citizen?  Does he travel a lot?  What country is the overseas account in?  How long has he had this account?  What bank is it with?  Where the money is going is just as important as how it gets there (ie: through your account.)  Arguably more so. Keep in mind that many scammers tell their marks not to share what's going on with anyone else.  (Because doing so increases the odds of someone telling them to snap out of it.)  It's entirely possible he's being scammed himself and just not telling you the whole story because the 419er is telling him to keep it quiet.  (Check out that link for more details on common scams that your relative may be unwittingly part of, btw.) Get as many details as possible about what he's doing and why.  If he's communicating with anyone else regarding this transfer, find out who.  If there are emails, ask his permission to read them and watch for anything suspicious (ie: people who can't spell their own name consistently, constant pressure to act quickly, etc.)\""}
{"_id": "123513", "title": "", "text": "You increase the capital account by the additional contributions and retained earnings and decrease the capital account by the distributions of return of capital and/or losses. Distributing gains doesn't change the capital account. So in your case it would be: 1st year we lost money  Assuming you lost 20K, and the interests are even, it will look like this: 1st year we break even  Nothing changes - you break even, means the balance sheet doesn't change (in this example). 1st year we made money Assume you gained 20K and kept it: If you didn't retain the earnings, it would look the same as case 2 - no change. Note that this is only the financial accounting, tax accounting might look differently. For example, in the US Partnerships (or LLCs taxed as) are pass-through entities, on in case 3 while you retained the earnings, the partners will still be taxed.  I'm of course neither CPA nor a licensed tax adviser. I suggest you get a consultation with one. Only a CPA can provide a reliable accounting advice or sign official financial statements, reviews and audits. Only a EA, CPA or an Attorney specializing in tax law can provide a tax advice."}
{"_id": "123520", "title": "", "text": "What's interesting is the fox article they are citing talks about the impact on home owners and business not the benefit to labor. \u00af\\\\\\_(\u30c4)\\_/\u00af   &gt;[Just how bad is it? According to the National Association of Home Builders, more than 56 percent of developers nationwide are reporting labor shortages. ](http://www.foxnews.com/us/2017/08/02/texas-home-builders-relying-on-immigrant-labor-feel-effects-immigrant-crackdown.html)"}
{"_id": "123521", "title": "", "text": "According to the instructions to the form - yes, you do need an ITIN. Line 6.   .... If you do not have an SSN and are not eligible to get one, you must   get an individual taxpayer identification number (ITIN). To apply for   an ITIN, file Form W-7 with the IRS. It usually takes 4-6 weeks to get   an ITIN."}
{"_id": "123531", "title": "", "text": "To be fair, Inland Revenue has options here. They don't have to accept this transfer pricing scheme Starbucks has come up with to funnel their profits to, almost certainly, some overseas tax haven.  I work with the Treasury team at a large British multinational pharma company in Japan. There are constant disputes between Inland Revenue and the IRS and the Japanese NTA and the British, Japanese and U.S. companies over what is an appropriate or inappropriate level of royalty for patents and trademarks owned by the three and licensed back and forth."}
{"_id": "123535", "title": "", "text": "It's not unusual/undesirable. If everyone prepaid their mortgage, banks would not like this, but we're in no danger of that :). Also, the amount you are pre-paying is not so significant as to make them pay special attention. In many cases when a borrower pre-pays, they will not continue to do so over the life of the loan since it's so easy to stop at any time, and the extra payments are voluntary. Depending on who originated the mortgate, it might be sold even more often than in your case. It's no longer commonplace for a bank to hold a mortgage to maturity, now that banks and other institutions have separated the origination of the loan from its servicing. It's likely that your mortgage was bundled with others through a process called securitization, and will be bought/sold based on the bank's need for liquitity or to balance out the maturity of its assets and liabilities (whether they need more cash now versus later), or based on the types of ways your bank has decided that it wants to make money versus farming out other types of business to others. What would substantially change the value of your mortgage to a bank is if it were performing (ie you are paying on time) but then became non-performing (ie you fall behind in your payments). It's also possible that if you have a very small mortgage or principal balance, that there is very little risk to the bank, and little difference between the present and future values of your loan, but banks don't typically make these types of transactions based on the characteristics of an individual loan."}
{"_id": "123541", "title": "", "text": "I don't want to ruin your childhood, but, some companies are in the red with no sight of seeing black on their balance sheets in the future with whatever Kay-Bee toys business model was. Some business models just don't adapt to changes in the game, and have been too inefficient for too long. They run a business, not a charity.  EDIT: Not sure why I'm getting downvoted. We're not talking about a fantasy world where everyone will be employed and every business will succeed. That's just not realistic. If Kay-Bee toys was sold to Romney's Bain Capital means it was probably in shambles in the first place, and the employees would have lost their jobs anyway."}
{"_id": "123549", "title": "", "text": "The question should be - do you need a debit card?  Other than American Express I have to tell my other credit card issuers to not make my cards dual debit/credit. Using a debit card card can be summed up easily - It creates a risk of fraud, errors, theft, over draft, and more while providing absolutely no benefit.   It was simply a marketing scheme for card companies to reduce risk that has lost favor, although they are still used.  That is why banks put it on credit cards by default if they can. (I am talking about logical people who can control not overspending because of debit vs. credit - as it is completely illogical that you would spend more based on what kind of card you have.)"}
{"_id": "123557", "title": "", "text": "\"Already a lot of great answers, but since I ask myself this same question I thought I'd share my 2 cents.  As @user541852587 pointed out, behavior is of the essence here. If you're like most recent grads, this is probably the first time in your life you are getting serious about building wealth. Can you pay your loans down quickly and then have the discipline to invest just as much -- if not more -- than you were putting towards your loans? Most people are good at paying bills in full and on time, yet many struggle to \"\"pay themselves\"\" in full and on time.  As @Brandon pointed out, you can do both. I find this makes a great deal of practical sense. It helps form good behaviors, boosts confidence, and \"\"diversifies\"\" those dollars. I have been paying double payments on my student loans while at the same time maxing out my IRA, HSA, & 401k. I also have a rental property (but that's another can of worms). I'm getting on top and feeling confident in my finances, habits, etc. and my loans are going down. With each increase in pay, I intend to pay the loans down faster than I invest until they're paid off.  Again -- I like the idea of doing both.\""}
{"_id": "123570", "title": "", "text": "When you want to pay a bill on line there are several ways to do it. You can give them your credit card details: Name on Card, zip code, credit card number, and 3 or 4 digit security code on the back. Most of the information is available on the card or via an easy Google search. If the crook has your card they can use it to buy something.  You can contact your bank's website and establish a one time or recurring transfer. You provide the information about the person/company. Your bank knows who you are because you used a secure system and your password. Their bank accepts the money because who would refuse money, they don't care who you are. You can provide the company with your bank info (bank number, your account number, and your name). If your bank limits their transactions via this method only to legitimate organizations, then your money will only be sent to legitimate organizations. But if the organization has no way of knowing who is on the other end of the phone or webpage, they may be withdrawing money from a bank account without the account owners permission.  In the example article a person found a charity that had lax security standards, they were recognized by the bank as a legitimate organization, so the bank transferred the money. The charity will point to the form and say they had permission from the owner, but in reality they didn't.  The subject of the article was correct, all the info required is on every check. It is just that most people are honest, and the few security hurdles that exist do stop most of the fraud."}
{"_id": "123580", "title": "", "text": "This doesn't shock me.  I actually look forward to it.  I find that TV quality has taken a real nose dive in the last 10-15 years.  The Learning Channel is just pregnant teen midgets, the History Channel is now about truck driving hillbillies and aliens, and discovery is ... well I don't even know what it is anymore.  It seems those channels are changing to favor those who still like tv - and the people still watching tv enjoy teen pregnant truck driving midgets."}
{"_id": "123582", "title": "", "text": "So, you agree that the government is actively colluding with klepto-capitalists to restructure the US into a series of all-dominating monopolies crushing consumer value and worker interests, but you don't think the gov officials doing that are in it for their own gain and not yours?  Bro, do me a favor, look up Hillary Clinton's net worth, and tell me how the fuck she did that on a gov salary. Look up Susan Rice's net worth. Look up just about any congressmans net worth and tell me how the fuck they did that."}
{"_id": "123595", "title": "", "text": "It depends on the timing of the events. Sometimes the buying company announces their intention but the other company doesn't like the deal. It can go back and forth several times, before the deal is finalized. The specifics of the deal determine what happens to the stock: The deal will specify when the cutoff is. Some people want the cash, others want the shares.  Some will speculate once the initial offer is announced where the final offer (if there is one) will end up. This can cause a spike in volume, and the price could go up or down. Regarding this particular deal I did find the following: http://www.prnewswire.com/news-releases/expedia-to-acquire-orbitz-worldwide-for-12-per-share-in-cash-300035187.html Additional Information and Where to Find It Orbitz intends to file with the SEC a proxy statement as well as other   relevant documents in connection with the proposed transaction with   Expedia. The definitive proxy statement will be sent or given to the   stockholders of Orbitz and will contain important information about   the proposed transaction and related matters. SECURITY HOLDERS ARE   URGED TO READ THE PROXY STATEMENT CAREFULLY WHEN IT BECOMES AVAILABLE   AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY   AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL   CONTAIN IMPORTANT INFORMATION. The proxy statement and other relevant   materials (when they become available), and any other documents filed   by Expedia or Orbitz with the SEC, may be obtained free of charge at   the SEC's website, at www.sec.gov. In addition, security holders will   be able to obtain free copies of the proxy statement from Orbitz by   contacting Investor Relations by mail at ATTN: Corporate Secretary,   Orbitz Worldwide, Inc., 500 W. Madison Street, Suite 1000, Chicago,   Illinois 60661."}
{"_id": "123601", "title": "", "text": "The use of an old address would make me suspect that your data was stolen from some database you had registered to long ago with the old address.  I would think that contacting your credit rating firm and the credit card company is urgent."}
{"_id": "123618", "title": "", "text": "No, they do this to change behavior by providing a disincentive (the stick) - $2 fee - on something they want their customers to do less of. In this case, they want everyone to sign up for automatic billing via CC or bank transfer.  Their mistake was to not combine this with a positive incentive (the carrot) on the behavior they want more of. In this case, they should have promised a $2 monthly discount for the first year for customers who switch to automatic billing."}
{"_id": "123621", "title": "", "text": "There's some differences between 2008 and now.  Bush, then Obama didn't want to go after the bankers too hard because they were trying every trick in the book in order to try and reinstil confidence in the stock market and US financial system in order to convince people to start lending money again and break the country out of a deflationary liquidity cycle.  Today, even if Sears going boom tumbled a bunch of other commercial real estate firms and retail stores, it wouldn't suddenly make the banks insolvent in the short run."}
{"_id": "123628", "title": "", "text": "&gt;Most unemployment insurance money goes right back into the economy anyway  The reason for that is because it's being given to poor people who need it for food and shelter and other things that are urgent.  If it goes to a millionaire this is not going to be the case."}
{"_id": "123632", "title": "", "text": "this time float is a fabulous money maker for the banks.  someone owns that money during that time and creams whatever interest is earned during those few days, and guess who that is.  I think most of is is deliberate"}
{"_id": "123634", "title": "", "text": "\"&gt;a startup has every intention of doing right.  Most self-identified \"\"startups\"\" I have known (as distinguished from actual profit-seeking \"\"small businesses\"\") have, as their primary intent, the long-term goal of *selling shares to investors*.   This is different from an actual *business* that sells products to customers. I'm sometimes a little skeptical.\""}
{"_id": "123638", "title": "", "text": "I haven't worked with Xero before, but can't you just set it up as accounts payable? Put in an accounts payable for the contract. When the client makes a payment, the accounts payable goes down and the cash goes up."}
{"_id": "123644", "title": "", "text": "I follow bitcoin more than you think.  I suspect I understand it better than you do.  So, back to our conversation.  Let's stipulate for a moment that you *can* track things in the fashion that you have suggested.  That then says to me that it would be relatively easy to ban bitcoin - you can just track down addresses, link them with people, and follow those addresses around.   This would stand in stark contrast to the repeated denials by the hodlers that bitcoin can't be regulated - it's too decentralized, anonymous, etc.  To many it has been held out as the perfect way to escape the state (i.e. a libertarian's wet dream).  What say you to this?  It's either very difficult to track and regulate, or it's very easy to track and regulate."}
{"_id": "123649", "title": "", "text": "It depends on the way you have directed the order and the execution agreement you have signed with your broker. In case of DMA (direct market access) you would direct your order to the specific exchange - and that exchange would post your offer, assuming you did not tag it as hidden. However, if you just gave your order to the broker (be it via telephone, email or even online), they may not have to display your order to the market or chose which exchange to sell it on. It will also depend where the stock is listed. For most US listed and OTC stocks, regulation NMS applies where your order should have been executed against if it went to the exchanges. Check your account opening docs and agreements, particulary the execution agreement. In there it will tell you how your order should be treated. In case where the broker stipulates that you have DMA or that they will direct your order to Lit markets (public exchanges and not market making firms and dark-pools) then you may have a case - you would need to request information to whcih exchange your broker sent the order to. In case that you gave them discretion on routing of your order - read the fine print. The answer lies there. Regarding NBBO missing you quote as quantycuenta suggested above is also a possibility, however Reg NMS should take care of this. Do you have stock and date & time of your order?"}
{"_id": "123659", "title": "", "text": "The thing about the US and oil is that, we both produce and consume a lot of it. Yes the oil producing parts of the US economy benefit from a higher oil price and are hurt by a lower oil price, but the oil consuming sectors of the US economy benefit from a low oil price. So, it's hard to say definitively whether lower oil prices hurt or help the US as a whole. Although, I personally suspect that low oil prices benefit the USA economy more than they hurt it."}
{"_id": "123664", "title": "", "text": "\"Yeah most employers will say that their employment is \"\"at will\"\" and they can fire for anything but that's usually not true. If someone gets fired there has to be a reason. Those agreements that people are often required to sign when they start a job are not legally binding in any courtroom at all.  Employers will usually lie about it because they are breaking the law and they know it. The only situation where they could get away with not having a reason to terminate someone is if they do not replace that person, which is a lay off. Basically any other circumstance they had a reason and they are responsible for that reason.\""}
{"_id": "123693", "title": "", "text": "There is a moral and legal obligation to file the earnings. Not doing so is tax fraud. You should keep a ledger or some record of your earnings, helpful guidelines here. Records are required by the CRA: According to the law, your responsibilities include: (source) You could get in trouble if one of your pupils report the expense at their tax filing, and the CRA finds no matching statement on your filing report. Tutoring are eligible for tax credit in case of disability: Tutoring services that are supplementary to the primary education of a person with a learning disability or an impairment in mental functions, and paid to a person in the business of providing these services to individuals who are not related to the person. A medical practitioner must certify in writing that these services are necessary. So if one of your pupils fall under that provision, you will get tax trouble sooner or later. Bottom line: start making records now, and report your earnings. Collect your tax as any lawful citizen is required to."}
{"_id": "123702", "title": "", "text": "Thank you for the links on VBA and R.  I took several years of C++ programming in high school, so hopefully the concepts are similar.  Initially I really wanted to get in to the investment side, but there aren't very many entry level investment related analyst positions that get posted in the Seattle area.  If I only applied to the few investment related positions, I don't know if I would ever get a job, so I branched out to corporate finance as well out of necessity."}
{"_id": "123712", "title": "", "text": "\"Keep in mind, if the name is trademarked, you might have it taken away from you. If it's generic, there's a good chance the potential buyer would just move on and set up another domain name. Consider web names such as Stockpickr. The proper spelling is there, and remains unused, \"\"This domain may be for sale\"\" at the top of the page. I'm guessing they asked for too much money and the potential buyer just decided to move on. We are at the point where the new domain extensions (.space .name .guru and hundreds more) have watered down the potential value of many sets of words. I'm sure there are still good names, and yours might be as good as you think, but you might find resistance getting a deal that lasts beyond the sale date.\""}
{"_id": "123718", "title": "", "text": "You're being too hard on yourself. You've managed to save quite a bit, which is more than most people ever do. You're in a wonderful position, actually -- you have savings and time! You don't mention how long you want/need to continue working, but I'll assume 20 years or so? You don't have to invest it all at once. Like Pete B says, index funds (just read what Mr. Buffett said in recent news: he'd tell his widow to invest in the S&P 500 Index and not Berkshire Hathaway!) should be a decent percentage. You can also pick a target fund from any of the major investment firms (fees are higher than an Index, but it will take care of any asset allocation decisions). Put some in each. Also look at retirement accounts to take advantage of tax-deferred or tax-free growth, but that's another question and country-specific. In any case, don't even blink when the market goes down. And it will go down. If you're still working, earning, and saving, it'll just be another opportunity to buy more at lower prices. As for the house, no reason you can't invest and save for a house. Invest some for the long term and set aside the rest for the house in 1-5 years. If you don't think you'll ever really buy the house, though, invest the majority of it for the long-term: I have a feeling from the tone of your question that you tend to put off the big financial decisions. So if you won't really buy the house, just admit it to yourself now!"}
{"_id": "123719", "title": "", "text": "The spring on the garage door will always break at some point of time. The garage doors are frequently used and with constant up and down the string are bound to suffer a metal fatigue and will break. The professional garage door repair service will easily replace the spring and your garage door will be back to work in no time."}
{"_id": "123733", "title": "", "text": "First step is to see if you have any family members which can co-sign for you so you can get a credit card, then from there as you pay off the credit cards payments you can slowly build credit. However, since you don't have any previous credit history it'll be a slow process. I think that would be a good first step in the right direction. Alternatively, you can see if close relatives such as your parents can help pay for a financial advisor who can help you much better with issues like these"}
{"_id": "123753", "title": "", "text": "Here's an example (US, not Canada) that shows up to a 30% increase for first 6 months after a >30 day lapse, but the best data will come from actual quotes from insurers. If you can do without driving for 2 years it's almost certainly worth dropping coverage and a car for that duration and paying an increased insurance rate for a spell after the lapse. I'm not sure how it works in Canada, but when living with my parents they could not exclude me from their insurance once I was a licensed driver. The insurance company considered me to have access to all vehicles, so my presence increased insurance rates. If you live with your mother, you'll have to check with your insurer to see how that works."}
{"_id": "123756", "title": "", "text": "PayPal pays with service tax, where ever you have exported you would have given the invoice, and the statement should be shown. I am also an exporter, I know the rules some times a CA might not be aware of PayPal. Just show your statement from PayPal and the deduction."}
{"_id": "123763", "title": "", "text": "When discussing housing, food, education, healthcare, and personal safety why are you bringing the value of labor into it! We are all the same fallen apes trying to make it in this world. Try having some empathy and compassion."}
{"_id": "123779", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.wsj.com/articles/in-defense-of-the-dismal-science-1503679118) reduced by 94%. (I'm a bot) ***** &gt; In a recent essay, Ricardo Reis, an economist at the London School of Economics, argues that failing to foretell a financial crash is no more an indictment of economics than failing to predict when a patient will die is an indictment of medicine.  &gt; Economists didn&amp;#039;t predict the financial crisis, Prof. Reis notes, but they did help to arrest it by applying theory and experience: &amp;quot;The economy did not die, and a Great Depression was avoided, in no small part due to the advances of economics over many decades.\"\"  &gt; Economists ask: Will it change employers&amp;#039; demand for workers who earn the minimum wage? Or what they pay workers who earn just above the minimum? Or the prices they charge, or how much market share they lose to companies that don&amp;#039;t face the higher minimum or how much they invest in automation? Does it reduce turnover and thus make workers more productive?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x2mby/in_defense_of_the_dismal_science_full_article/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201507 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **economist**^#1 **economic**^#2 **work**^#3 **More**^#4 **economy**^#5\""}
{"_id": "123787", "title": "", "text": "My friend is the king of Nigeria with lots of gold. He would love to sign up for your program. He usually pays commission in direct gold deposits to your bank account. If you are interested I can have him contact you and he will reach you directly."}
{"_id": "123789", "title": "", "text": "I think you'd be adding the transaction fee each time, so let's say it's 3% or minimum $10, your balance would be almost $580 by November.  Unless for some reason you have a permanent no balance transfer fee card or the two cards let you pay bills without charging a cash fee of some sort."}
{"_id": "123805", "title": "", "text": "I'd say $1M is a reach and not guaranteed in any way. A friend that goes to a top target has said the upper end is about $100k including bonus first year in IB, and sticking in banking might get you to $500k after about 5 years. The pay advances a lot better than it does in engineering/tech.  Your major doesn't really matter as long as you have a solid GPA and can answer technicals."}
{"_id": "123835", "title": "", "text": "\"Canada would most likely not convert any time in the near future. The challenge for Canada converting to the US Dollar or the fictional \"\"Amero\"\" mentioned by JohnFX is that : Some of the benefits would be: The challenge right now for any government would be to sell the pros over the cons and from that viewpoint the cons would appear to have more negative impact to voters.  Considering that Canada currently has a minority government with no expected change to that status for some time the risk would be very high. For more details see Pros and Cons of Canadian Monetary Union and to see the Mexican impact see North American Currency Union It is interesting to note that currency union was first proposed in 1999 when the Canadian Dollar fluctuated between $0.64 to $0.69 US.  The Canadian Dollar is closer to par with the US Dollar currently (in fact it rose to $1.10 US in Nov. 2007).  Look-up historical rates at the Bank of Canada\""}
{"_id": "123846", "title": "", "text": "It is a sad day indeed, for one of our own has decided to leave us. Let's honor threepeckeredgoat with a stroll down memory lane. The following links will lead you to /u/threepeckeredgoat's MVP moments in /r/economy.       __Top Commments__  + [Legal immigrants are fine for the countr...](/r/economy/comments/6rktvf/fewer_immigrants_mean_more_jobs_not_so_economists/dl66gfa) + [https://ih1.redbubble.net/image.28242645...](/r/economy/comments/6vaasl/donald_trump_national_debt_has_decreased_by_12/dm02dyy) + [Actually I do know what it takes. I watc...](/r/economy/comments/6rktvf/fewer_immigrants_mean_more_jobs_not_so_economists/dl6klkv) + [Yeah wtf... this does not seem like an e...](/r/economy/comments/6vksjl/us_stocks_fall_after_trump_threatens_government/dm1s5xu) + [You are correct, our founding fathers we...](/r/economy/comments/6vaasl/donald_trump_national_debt_has_decreased_by_12/dm1rbrh)   If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads"}
{"_id": "123880", "title": "", "text": "The two biggest issues that impact your question I would say are diversification and fees. If you have $10,000 to invest and only invest it in two securities, then a 20% drop in one security can have you lose 10% of your initial investment which I would consider a very high risk scenario. If you have $10,000 to invest and invest it in 20 securities, then a 20% drop in one security would only cause you to lose 1% of your initial investment. So far this is looking better from a diversification point of view. But then the issue of fees comes in. If you paid $10 per trade to buy those 20 securities you already spent 2% of your initial investment in fees! Not to mention you will pay at least another $200 to get out of all those positions. No right answer - but those are the two factors I always try to balance."}
{"_id": "123889", "title": "", "text": "Personally, I'm a big fan of second price auctions anyway. It seems that applying that structure to this market would drop the incentive to get any sort of last look or any of the other collusion coming from these bid rigging schemes. Also, it seems like this is buy side collusion which is really strange. Generally it's considered a good thing when the price of goods drops closer to the marginal cost. In general, any points that a municipality gets on the money above what they're paying on the bond issue is a good thing. The less the banks have to pay to borrow those funds in the short term, the less they can loan them out for."}
{"_id": "123902", "title": "", "text": "They cannot refuse to accept coins and demand some other payment after providing a good or service.  Legal tender is legal tender for all debts.  But until they provide the good or service, they don't have to accept it.   In this case, you want the service of depositing money.  But by its nature, they have to accept the payment first.  In that situation, they can refuse it.  There is no law that banks have to accept your deposits.  If they don't want you as a customer, that's their problem.   Consider switching banks.  Historically this was easier and some banks may still do things the old way.  Call your local banks and ask.  Perhaps you'll find someone happy to do business with you, on your terms.   As already said, some coin rolling machines will pay you with gift certificates.  If you plan to buy a sufficient amount from the place that accepts the gift certificate, this can get that place to play the fee.  That may help you, although it is obviously a limited solution.  The goal is to make it so that you only make purchases that you would have anyway.  The seller obviously has a different goal.   It's possible to buy coin sorters.  Heck, you could buy one with a gift certificate from a public machine.  Cheap ones require extra work to get the coins rolled and may jam a lot.  More expensive ones do more of the work for you.  Note that a given sorter that works better may be cheaper than another that doesn't work as well.  Cheap is more of a qualitative judgment than a financial measure in this case.   If you carry a small amount of change with you, pretty much everywhere accepts small amounts of change for purchases.  So if you have been always paying with dollars and dumping the change in a jar, instead always give the correct change (coins).  They may still give you dollars in change, but at least you won't get new coins.  And you'll use some of your existing coins.  Of course, this doesn't scale well.   For small purchases, say $1.50, you can often pay the whole thing in change without argument.  Or if something is $18.50, you might give them $10, $5, two $1 bills, and the rest in change.   If you are buying something and can see that they have little change in one of the coin buckets, offer to swap some change for bills.  Sometimes places find that easier than breaking a roll.   With vending machines, use change instead of dollar bills.  Especially use exact change so as not to convert bills to change.  They usually don't take pennies, but they're great with nickels and above.   This won't allow you to use change as a way to force yourself to save.  But it will keep your change down to a manageable level going forward.  And you might be able to use up your existing store.  I'm assuming that this isn't a fifty year coin collection that you are just now starting to process.  But if you have six months of change, you should be able to use it up in a year or so.   I tend to do this.  So I rarely have more than a couple dollars in change.  No one ever tells me that they don't take change, because I don't give anyone a lot.  Maybe $.99 here but more likely $.43 there.  Sometimes I give them, e.g., $.07 so as to get $.25 in change rather than $.18.   It's a little more work at every transaction, but it saves the big clump of work of rolling the coins.  And you don't have to buy wrappers."}
{"_id": "123909", "title": "", "text": "No rep from amazon has ever stroked my ego, so I don\u2019t know what you mean.   And as far as \u201creps\u201d go - people who help you with products beyond paint and decor rarely understand what they are selling - hence the \u201c1 guy\u201d they all depend on, vs the staff at a home store in Japan who all work in areas they know.   So.. what exclusives? Are you buying tractors or some shit? Forklifts full of A-C subfloor?   If you are buying enough to save \u201chundreds of dollars\u201d at a time, I assume you are a contractor, and you a) should already know your shit, so reps are just there to prepare paperwork, and b) missing the point of what I am saying.   If I call a parts supply warehouse and ask them for a [661-8124](http://www.powerbookmedic.com/parts/661-8124/Logic-Board-35GHz-Core-i7-Quad-Core-4GB.html), I\u2019m not going to ask them what model it goes in or how to install it. The rep\u2019s competence could easily be replaced by Amazon.   If I have A broken Mac, I want to go to a store where they know how to fix it and give me advice, and in that manner Home Depot often falls flat.   So they will eventually get their hat handed to them - because eventually Amazon will beat them in distribution and they won\u2019t have the volume to warrant a chain of stores to draw foot traffic."}
{"_id": "123911", "title": "", "text": "\"Are there any known protections against obvious typos in the stock systems themselves? Do you know of stock exchanges which flags or rejects obviously wrong buy or sell orders (e.g., selling something for 0.1% of its highest buy order, or buying something at 1000 times the current sell order)? Does the stock exchange \"\"community\"\" have some sort of \"\"rules of conduct\"\" for this? Yes and No. Most Stock Exchanges for certain set of stocks have circuit breakers that are more to restrict panic selling or artificial drop in prices. The kind of controls you are mentioning can't be put on individual trades; as stock exchanges are meant to guarantee / provide neutral ground for the price to be determined by demand / supply. There are quite a few companies that have quickly lost value and become worthless with a day or two. Hence it becomes difficult to determine if something is error by an individual or not. Once an order is submitted to the exchange, it can't afford the to and fro to verify ... as even few seconds make a different in volatile markets. The kind of errors reported are difficult for an individual to make as he would not own the kind of stocks and the stock broker will stop the trade from being placed.\""}
{"_id": "123929", "title": "", "text": "How was Scunthorpe steelworks sold for \u00a31?  I have \u00a31, what is to stop me from buying a hyper distressed company like this for so cheaply? Why doesn't this happen more often? What are the advantages and disadvantages of the sale to the buyers and sellers?"}
{"_id": "123937", "title": "", "text": "I've never read such a bullshit article in my life. The alternative to garment manufacturing jobs in places like Bangladesh is subsistence agriculture, completely outside of the cash economy.  If Communist/SJW of the West want to do something for the global poor, they need to look at population control and family planning. An overpopulated country will mean high pressures on the cost of living, and increased supply of labour will mean lower wages.  This is exactly what China has done - control population, and let the free market dictate wages and conditions. Look at the result - the biggest uplift of a population from poverty in history, with wages still growing yearly.  By contrast, look at Africa. The entire continent is supported by foreign aid, and its a basketcase, with the population of the continent forecast to grow to 4b by the end of the century."}
{"_id": "123941", "title": "", "text": "If his ATM card is operational and (assuming it is Visa/Mastercard), he can use it at grocery stores and get cashback. Typically, there is no charge for this service."}
{"_id": "123956", "title": "", "text": "&gt; Vouchers pay the private schools what the public school would have received in the first place. The public school doesn't pay as much in taxes, and has a government supported administration that cuts waste at every chance. So the private schools collect all the voucher money, figure out they can't turn a profit, and go bankrupt. Sending all the kids they had enrolled back to the public schools or forcing another issuance of another voucher. Costing the school system double to triple for every kid that gets screwed that way. Which means the public school system doesn't have that money in their budget either, forcing further cuts.   I have never considered this before. I can see the issue with it. You've changed my view on vouchers being a good system.  &gt;Secondarily it also causes self segregation at the schools, because all the affluent parent can afford to drive their kids to another school, poor kids need a bus that's not covered by a voucher. So we end up with schools that are 90% black/hispanic with only 50% speaking english in a county that is 66% white. While around the corner is a 90% white school where only 5% speak spanish when over 25% of the population does. And that's just the racial demographics that are immediately obvious. The poverty levels are harder to get data on.  I don't consider this is necessarily a bad thing though. If schools are self segregated, it allows for teachers to teach in a certain way that is better for their demographic.   &gt;Either school security officer Bob on a power trip, or the delinquent in the hall, the problem is the same. Fearing for safety when there really shouldn't be a problem.  You don't get either of those at schools where there is almost no poverty. You will have the same problem in Canada if you move to a school district that has a significant amount of poverty.  &gt;And I get the feeling you don't live near a population center.  I don't live in a big city, but I live in a suburban area."}
{"_id": "123958", "title": "", "text": "\"My answer isn't a full one, but that's because I think the answer depends on, at minimum, the country your broker is in, the type of order you place (limit, market, algo, etc.,) and the size of your order. For example, I can tell from watching live rates on regular lot limit orders I place with my UK-based broker that they hold limit orders internally until they see a crossing rate on the exchange my requested stock is trading on, then they submit a limit order to that exchange.  I only get filled from that one exchange and this happens noticeably after I see my limit price print, and my fills are always better than my limit price. Whereas with my US-based broker, I can see my regular lotsize limit order in the order book (depth of book data) prior to any fills.  I will routinely be notified of a fill before I see the limit price print.  And my fills come from any number of US exchanges (NYSE, ARCA, BATS, etc.) even for the same stock. I should point out that the \"\"NBBO\"\" rule in the US, under SEC regulation NMS, probably causes more complications in handling of market and limit orders than you're likely to find in most countries.\""}
{"_id": "123971", "title": "", "text": "You're in the same situation I'm in (bought new house, didn't sell old house, now renting out old house). Assuming that everything is stable, right now I'd do something besides pay down your new mortgage. If you pay down the mortgage at your old house, that mortgage payment will go away faster than if you paid down the one on the new house.  Then, things start to get fun.  You then have a lot more free cash flow available to do whatever you like. I'd tend to do that before searching for other investments.  Then, once you have the free cash flow, you can look for other investments (probably a wise risk) or retire the mortgage on your residence earlier."}
{"_id": "123988", "title": "", "text": "\"As you use the equations do you stop and ask, \"\"Why is this option better than using something else?\"\" In physics I have to do this all the time. Two different equations can give the same solution, or something similar, but along with the solution one may give interesting output along the way and the other may give no meaningful output other than the solution. A physics example to highlight my point: do I want to use sin(x) or the series expansion of sin(x)? I apologize in advance for my ignorance if this follow up questions is not applicable.\""}
{"_id": "123990", "title": "", "text": "Dude, let go of the Muslims all being terrorists thing. One of us is wrong on the thing they keep bring up. It ain't me.   Who I voted for is none of your business. I intentionally don't share such information. The only reason you want to know is so that you can bash me for my opinion. That's why you brought up Obama and Bernie. No, thanks. Go pester someone else about their politics."}
{"_id": "123991", "title": "", "text": "\"Banks are currently a lot less open to 'creative financing' than they were a few years ago, but you may still be able to take advantage of the tactic of splitting the loan into two parts, a smaller 'second mortgage' sometimes called a 'purchase money second' at a slightly higher interest rate for around 15-20% of the value, and the remaining in a conventional mortgage.  Since this tactic has been around for a long time, it's not quite in the category of the shenanegans they were pulling a few years back, so has a lot more potential to still be an option.  I did this in for my first house in '93 and again in '99 when I moved to a larger home after getting married.  It allowed me to get into both houses with less than 20% down and not pay PMI. This way neither loan is above 80% so you don't have to pay PMI.  The interest on the second loan will be higher, but usually only a few percent, and is thus usually a fraction of what you were paying for the PMI. (and it's deductible from your taxes) If you've been making your payments on time and have a good credit rating, then you might be able to find someone who would offer you such a deal.  You might even be able to get a rate for your primary that is down in the low 4's depending on where rates are today and what your credit rating is like.   If you can get the main loan low enough, even if the other is like say 7%, your blended rate may still be right around 5% If you can find a deal like this, it's also great material to use to negotiate with your current lender \"\"either help me get the PMI off this loan or I'm going to refinance.\"\"  Then you can compare what they will offer you with what you can get in a refinance and decide what makes the most sense for you.  On word of warning, when refinancing, do NOT get sucked into an adjustable rate mortgage.  If you are finding life 'tight' right now with house payments and all, the an ARM could be highly seductive since they often offer a very low initial rate.. however then invariably adjust upwards, and you could suddenly find yourself with a monster payment far larger than what you have now.  With low rates where they are, getting a conventional fixed rate loan (or loans in the case of the tactic being discussed here) is the way to go.\""}
{"_id": "123999", "title": "", "text": "If you are to take your lead generation campaign to another level, you have to do more than read call scripts over the phone or send cookie cutter emails to random contacts. In a highly diversified market, relying on any single method to generate leads is about as effective as having only one leg in a one-on-one football match.  Make a switch to multi-channel lead generation and watch your marketing campaign shoot forward like someone who just grabbed some magic mushroom in Mario Kart."}
{"_id": "124009", "title": "", "text": "Graduating from college is probably one of the most fulfilling triumphs you\u2019ll ever achieve in your entire life. However, that joy also brings bigger responsibilities in life that could affect tax time too. This specific time in your life will have a lot to offer and before the winds of change take you to wherever you dream of, here are some advices from [Southbourne Tax Group](http://www.thesouthbournegroup.com/) to make your taxes easier where you can get a refund during filing time and save money as well.  If your modified adjusted gross income is below $80,000 and you\u2019re single, up to $2,500 of the interest portion of your student loan payments can be tax deductible, and below $160,000 for married person filing jointly.   Job hunting expenses can be tax deductible too but there are exceptions such as expenses involved in your search for a new job in a new career field and working full-time for the first time. Major tax breaks are expected in case you are moving to a new and different city for your first job.    Get a jump start on retirement savings with your company\u2019s 401(k). Each year, you can secure up to $18,000 from your income taxes by contributing on one. If you have a family coverage, you could secure $6,750 from contributing to a health savings account in case you are enrolled in a high-deductible health plan. And if you are single, you can secure up to $3,400. Placing your money into a flexible spending account could keep an added $2,600 out of your taxable income.    Getting big deductions for business expenses is possible if you are planning to be a freelancer or to be your own boss as a new college graduate. Southbourne Group also advises saving at least 25% of what you\u2019re earning for the IRS.   Research more about lifetime learning credit and understand its importance. You can claim up to $2,000 of a tax credit for post-secondary work at eligible educational institutions. This is possible if your adjusted gross income is below $65,000 as a single filer, or below $131,000 as a married person filing jointly.  Saving money has a lot of benefits and one of which is cutting your tax bill. If you\u2019re a married person filing jointly and have an adjusted gross income of less than $62,000, you may qualify for the saver\u2019s credit, while for a single filer, it should be below $31,000. That can reduce your tax bill by up to 50% of the first $2,000 if you\u2019re a single filer, or $4,000 if you\u2019re a married person filing jointly you contribute to an eligible retirement plan.   Southbourne Tax Group doesn\u2019t want you to overspend on tax software and getting professional help in this regard. The firm suggests using the free packages from trusted tax software companies if your tax situation is quite simple. Get that professional help at Volunteer Income Tax Assistance program, which can help you meet with a pro at little or no cost."}
{"_id": "124010", "title": "", "text": "This is the end goal. Drivers are a temporary inconvenience for these companies.   That's not to say that they'll be immediately profitable when they don't have to pay drivers as I imagine there will be a steep race to the bottom as one tries to undercut the other."}
{"_id": "124016", "title": "", "text": "It's not a question with a single right answer.  Other answers have addressed some aspects, my case may provide some guidance as to one way of looking at some of the issues. When I had student loans, the interest rate was RPI\u00b9 and I could get more than that as the return on a savings account.  At the time I could get a whole year's worth of loan at the start of the year, save it, and draw from the savings, partly because I had a little working capital saved already.  Importantly in my case, the loans were use-it-or-lose-it: if I didn't take the loan out by about halfway through each academic year, it was no longer available to me. The difference in interest rates was probably similar to what you can get with a careful choice of savings account and 0% on the loan (I did this in the 90s when interest rates were higher). Over a four year degree the interest I earned this way added up to no more than about \u00a3100, which went someway towards offsetting the fact I would be paying interest after graduation. If you can clear the loan before you pay any interest it would give you a return, but a small one that could easily be eroded by rate changes or errors on your part (like not keeping on top of the paperwork).  It still may be beneficial to take out the loans depending on your capital needs -- in my case it made buying a house after graduating much easier, as we still had money for the deposit (downpayment) and student loan rates were much lower than mortgage rates (100% mortgages were also available then, but expensive). \u00b9 RPI stands for retail price index, a measure of inflation."}
{"_id": "124022", "title": "", "text": "Theo thuy\u1ebft Ng\u0169 h\u00e0nh t\u01b0\u01a1ng sinh ( Kim sinh Th\u1ee7y, Th\u1ee7y sinh M\u1ed9c, M\u1ed9c sinh H\u1ecfa, H\u1ecfa sinh Th\u1ed5, Th\u1ed5 sinh Kim ) th\u00ec:  - ng\u01b0\u1eddi m\u1ea1ng h\u1ecfa n\u00ean ch\u1ecdc m\u1ed9c \u2013 c\u00e1c lo\u1ea1i Ti\u1ec1n \u0111\u1ec3 \u0111\u1ea7u t\u01b0 - ng\u01b0\u1eddi m\u1ea1ng th\u1ee7y n\u00ean ch\u1ecdn kim \u2013 V\u00e0ng \u0111\u1ec3 \u0111\u1ea7u t\u01b0 - ng\u01b0\u1eddi m\u1ea1ng m\u1ed9c n\u00ean ch\u1ecdn th\u1ee7y \u2013 D\u1ea7u th\u00f4 \u0111\u1ec3 \u0111\u1ea7u t\u01b0 - ng\u01b0\u1eddi m\u1ea1ng kim n\u00ean ch\u1ecdn th\u1ed5 \u2013 B\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u1ec3 \u0111\u1ea7u t\u01b0  =&gt; ng\u01b0\u1eddi m\u1ea1ng th\u1ed5 n\u00ean \u1ee7y th\u00e1c \u0111\u1ea7u t\u01b0 =&gt; ng\u01b0\u1eddi m\u1ea1ng kim n\u00ean \u1ee7y th\u00e1c \u0111\u1ea7u t\u01b0 \u1edf c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 V\u00e0ng \u2013 Ch\u1ee9ng Kho\u00e1n"}
{"_id": "124027", "title": "", "text": "Yes, becoming a millionaire is a reasonable goal.  Saving 15% of your income starting at age 25 and investing in the stock market will likely get you there. The CAGR (Compound Annual Growth Rate) of the S&P 500 over the last 35 years has been about 11%. (That 35 years includes at least two fairly serious crashes.) You may get more or less than that number in the future, but let's guess that you'll average 9%. Let's say that you begin with nothing invested, and you start investing $100 per week at age 25. (If your annual income is $35,000, that is about 15% of your income.)  You decide to invest your money in an S&P 500 index mutual fund. 35 years from now when you are 60 years old, you would be a millionaire ($1.2 Million, actually). You may earn less than the assumed 9%, depending on how the stock market does.  However, if you stick with your 15% investment amount throughout your whole career, you'll most likely end up with more, because your income will probably increase during your career.  And you will probably be working past age 60, giving your investments time to earn even more."}
{"_id": "124038", "title": "", "text": "Some liquidity Since you're using IB, and you seem to be an investor not a trader, so you won't notice especially if you walk your orders, but you will suffer the bid/ask spread as everyone else albeit wider.   If buying, the best strategy unless if one is time constrained is to walk the entire bid from the best bid to the best ask.  It is highly likely that someone will hit your order before you hit the best ask.  If they don't, as a long term investor, the few pennies won't make or break you, especially if the price per share is 100 USD equivalent, but it is an excellent habit to form and fun. Since you're buying ETFs, even though your orders are small, you would be adding liquidity to your market, helping it become more efficient because your orders could be used to arbitrage against all of the ETF's holdings, in turn providing liquidity for those holdings. No liquidity This could only be done with an extremely low cost broker like IB because the trading commissions would make it prohibitively expensive. There are huge risks when trading an illiquid security such as VEUR.  EWL would be much less risky thus less expensive. Securities with no liquidity can be traded, but they must be traded very carefully.  In the case of a security that can only attract about 20 shares per day in volume, only single shares should be bid.  The market makers, suffering from a dearth in volume may not even be willing to haggle; therefore, the only recourse is a statistical arbitrageur, who will attempt to profit from the spread between other more liquid versions of the security. Considering the available alternative, VEUR is not recommended to trade."}
{"_id": "124042", "title": "", "text": "Yours two funds are redundant.  Both are designed to have a mix of bonds and stocks and allow you to put all your money in them.  Pick the one that has the lowest fees and stick with that (I didn't look at the funds you didn't select...they didn't look great either).  Although all your funds have high fees, some are higher than others, so don't ignore fees. When you have decided on your portfolio weights, prioritize your money thus: Contribute enough to your 401(k) to get the full match from your employer Put everything else toward paying off that credit card until you have 0 balance.  It's ok to use the card, but let it be little enough that you pay your statement balance off each month so you pay no interest. Then set aside some savings and invest any retirement money into a Roth IRA.  At your income level your taxes are low so Roth is better than traditional IRA or 401(k).  If you max out your Roth, put any other retirement savings in your 401(k)."}
{"_id": "124089", "title": "", "text": "Honestly man, that's awesome. I'm super happy you have a great job and a caring company. I've been out of school now for a year and at my current career just over a year. They haven't offered me an increase yet, but I know I could snag another job and make 40% more. It's tough knowing that no matter what they can't / won't match it. Granted I'm probably at a different level /seniority of my career then you, but I speak for my current market and those in my age group (&lt;25) it's much more lucrative to move out and up then stay within.    Edit: and their business model is to hire outside rather than promote (don't ask me...)"}
{"_id": "124099", "title": "", "text": "\"Thank goodness you replied again before i did i completely forgot to respond and that notification was a good reminder. Im genuinely enjoying the conversation and sorry about the name calling most of my political and economic debates happen with family where name calling is not only accepted but expected lol.    &gt; Too many people walk into the emergency room uninsured, or under-insured. They get emergent care that they are not covered for, and the hospitals jack up the prices greatly in the hopes of getting a larger portion reimbursed by Medicare  [this link] (https://insight.kellogg.northwestern.edu/article/who-bears-the-cost-of-the-uninsured-nonprofit-hospitals) seems to contradict that statment. i dont know enough about the system to say youre wrong but it doesnt sound very real to me.   &gt;Again, Switzerland has lower tax rates than the US, but they don't even crack the top 20 when it comes to countries with low taxes.  Youre obviously not wrong but there are many places on that list id love to retire in. Amongst the developed world from what im seeing [here] (https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates) has the 27th lowest individual income tax rate when it applies to there highest bracket. now i use the term \"\"developed\"\" very loosely here as there are countries ahead of them on that list that clearly arent part of the developed world but its not up to me to decide what the swiss rank is.  &gt;So you work in construction, an industry in which commercial is notorious for underbidding a contract (whether to government or to private), and then running into unexpected overages that cause the job to go over schedule, over budget.  This is dangerously false. The industry isnt known for underbidding and going over budget. Only really really really bad contractors do that. What a lot of good contractors do is, when you know a general contractor for a long time or youre trying to to build a relationship you do eachother favors so they will say for instance \"\"hey man i dont have the budget to pay you what you need so take a loss on this one and we'll take care of you on the next one\"\" or they will find some money unaccounted for in the budget and throw it your way in the form of extra work done.   &gt;Its not like the government just sits around and takes it. I know of at least one federal contractor who went to federal prison for fraudulently winning contracts in my part of the country.  In my line of work they really do just sit back and take it, from what ive experience you have to be super greedy and really fuck up to get their attention. 1 job i did, i was only there for 3 weeks total and in that 3 week period i saw all types of osha violations, rescource waste, time waste and plenty of govenrment workers who didnt really know what they were doing \"\"checking\"\" on the job to make sure progress was being made.   &gt;It is because government has tremendous resources that they can throw at a problem.  This is where we really do differ, i see this as a bad thing. I see it as them not spending money efficiently money that they got from me and my hard work. Look at the f22 raptor for instance it is now 3 times over budget from the projections for how much of an upgrade? Whats the point of a contract if someone can just go over budget 3 times over without anyone blinking an eye. Why not just say \"\"get it done and bill us\"\". I understand your point of view completely i just vehemently disagree with it especially because i think the government source of revenue is based around theft.\""}
{"_id": "124108", "title": "", "text": "In the end you, your dad, and your brother should come to an agreement so there's no surprises or unfulfilled expectations, but here's my opinion: If you can afford to make the additions now: I would offer to pay fully for the addition, with the understanding that the additional value that it generates is yours.  That keeps everything in your name, and should be fair since you pay for the expense and someday reap the benefit. If you can't afford to make the additions now: I see two options: have your brother buy your father's house, giving you half of the proceeds, and use those proceeds to make the addition as above, or split the cost of the addition and have some sort of contract drawn up promising to reimburse him (with the amount of the reimbursement very clear, like XXX dollars plus accrued interest at Y% annually) as a condition to selling the house.   One other part you didn't mention is any compensation you get for keeping your father at your house.  What compensation (if any) you get is not as important as making sure that the three of you all agree on what is fair.   In any case, clear, honest communication and full agreement is key. There is a very real risk that when your father's estate is settled that there will be disputes over what the agreement was and who it entitled to what.  Having everything in writing may sound cold, but it keeps everyone on the same page."}
{"_id": "124142", "title": "", "text": "Here are some ways my family saves money on our home insurance: Here are a couple of good articles on the subject: Finally - make sure you get adequate coverage!  Make sure you consider your real insurance needs, and not just the cost of the insurance.  If the worst happens, you'll want good coverage with a good company."}
{"_id": "124149", "title": "", "text": "&gt;Note from the Editor: Hyperinflation is becoming more visible every day\u2014just notice the next time you shop for groceries. All signs say America\u2019s economic recovery is expected to take a nose dive and before it gets any worse you should read The Uncensored Survivalist. This book contains sensible advice on how to avoid total financial devastation and how to survive on your own if necessary. Click here for your free copy  If someone includes this kind of stuff on their website, I assume whatever they say is probably uninformed at best."}
{"_id": "124180", "title": "", "text": "\"Hard pulls you give your explicit permission to run do affect your credit.  Soft pulls do not. While hard pulls affect your score, they don't affect it much.  Maybe a couple few point for a little while.  In your daily activities, it is inconsequential.  If you are prepping to get a mortgage, you should be mindful. Similar type hard pulls in a certain time window will only count once, because it is assume you are shopping.  For example, mortgage shopping will result in a lot of hard pulls, but if they are all done in a fortnight, they only count against once.  (I believe the time window is actually a month, but I have always had two weeks in my head as the safe window.) The reason soft pulls don't matter is because businesses typically won't make credit decisions based on them.  A soft pull is so a business can find a list of people to make offers to, but that doesn't mean they ACTUALLY qualify.  Only the information in a hard pull will tell them that.  I don't know, but I suspect it is more along the lines of \"\"give me everybody who is between 600 and 800 and lives in zip code 12344\"\" not \"\"what is series0ne's credit score?\"\" A hard pull will lower your score because of a scenario where you open up many many lines of credit in a short period of time.  The credit scoring models assume (I am guessing) that you are going to implode.  You are either attempting to cover obligations you can't handle, or you are about to create a bunch of obligations you can't handle. Credit should be used as a convenient method of payment, not a source of wealth.  As such, each credit line you open in a short time lowers the score.  You are disincentivized to continue opening lines, and lenders at the end of your credit line opening spree will see you as riskier than the first.\""}
{"_id": "124188", "title": "", "text": "Yes, on the settlement the stock is yours to sell with no risk of freeride or day trading applying."}
{"_id": "124190", "title": "", "text": "Avoir les \u00e9quipements de restauration parfaits r\u00e9sout de nombreux probl\u00e8mes et vous aide \u00e0 faire de la nourriture d\u00e9licieuse. Allez sur Internet pour trouver le bon type d'\u00e9quipement dont vous avez besoin et qui correspond \u00e0 vos besoins et \u00e0 acheter en cons\u00e9quence."}
{"_id": "124191", "title": "", "text": "Couple of my friends went through a fraud agent who ran off with their money and the landlords were none the wiser. So it always pays to be a bit diligent. Are they a well known letting agents nationally ?  Many agents do have different accounts to manage their properties. Yours seems a case as such probably i.e. they manage the property on behalf of the landlord so keeping their monies differentiated. Did you sign an agreement ? If yes go through what is written in the agreement, most of it is same in all agreements but have a look anyway. Check if there is mention of deposit protection scheme. One thing you could do is go to a bank to do the transfer, the same bank where the letting agent holds their account and confirm from them if it is really a personal account or a business account. I am not sure how possible it is, but doesn't hurt to ask. If it is a personal account, then fraud is the most possible cause. The sort code should tell you which branch and which bank. Or the best option is to ask the estate agents to show a recent statement of the bank account, where the money is to be deposited into. Some tips"}
{"_id": "124194", "title": "", "text": "&gt; Say you repeal a tax, without reducing public spending. Then if you analyze the economic impact, that does not fairly represent the impact of the tax, now does it?  You are right but my issue is that you are accounting for changes that are not happening.  If you are comparing a country's tax structure before and after a wealth tax then I would agree; however, in this case all the subjects are separate economies and have (presumably) found some sort of equilibrium.  The wealth tax policy is not changing for them so there is no surplus or deficit of public spending to adjust for."}
{"_id": "124196", "title": "", "text": "\"[\"\"Lights in the Tunnel\"\"](http://www.thelightsinthetunnel.com/) dose a good job in coming up with an alternative economic system for when robots and machine replace most of the work done by humans.. Though personally I think that as technology evolves from factory sized machines which support employment to much smaller cheaper machines such as desktop 3D Printers or Lab-on-a-chip devices, then the need for factories and workers will disapear, replaced by a second industrial revolution - [\u201cindustrialization of the home\u201d](http://nutrinium.blogspot.co.uk/2012/06/normal-0-false-false-false-en-gb-x-none.html), maybe..\""}
{"_id": "124201", "title": "", "text": "This is a topic which requires a lot of reading, but here's a place to start:  http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/EXTDECSTAMAN/0,,contentMDK:20908551~menuPK:2648276~pagePK:64168445~piPK:64168309~theSitePK:2077967~isCURL:Y,00.html  Essentially, (in an effort to make the GDP more accurate), we adjust it for things like inflation. The problem is that our inflation numbers were severely affected by changes Clinton made, including Hedonics.  GDP is adjusted by a inflation model that is different than our inflation reporting, meaning that the two do not represent comparable data, (which is why we can have a growing GDP but an apparent loss of purchasing power, even when the GDP growth isn't being concentrated in the already wealthy).  GDP itself is a concept that was introduced by Keynes, and is itself of limited utility, something Keynes himself talked about. It should never be used as a universal measure of economic health, although that's what we pretend it is today."}
{"_id": "124205", "title": "", "text": "Is the stock's price at any given moment the price at which all shares could be sold to new investors? No.  For the simple fact that the current bid/offer always have sizes associated. What you should be looking at is the consolidated price to buy/sell X shares (10bn doesn't really work as not everyone is willing to sell/buy). If you look at the spread of the consolidated price at your quantity level, you'd notice it would be in stark contrast to the spread of the best bid/offer but (by definition) that would be the price to buy or sell X shares to new investors. Edit Calculation of the consolidated price of X shares: You go through the order book and calculate the size-weighted average price until you covered X. Example: So the consolidated price for 3000 shares would be $39.80, the consolidated price for 2000 shares would be $39.90."}
{"_id": "124219", "title": "", "text": "Congrats on finishing your time and starting school.  I recommend reading the Intelligent Investor by Benjamin Graham.  Other than being a great basic investing book, it highlights a shift from actively managed brokerage accounts.  If you want to be an IB, it is important to understand the market you are getting into (and the different changing aspects of it).  As for further reading / prep, start learning about the Series 7, 63, 66 exams.  Become comfortable with finances and never stop reading.  Good luck!"}
{"_id": "124230", "title": "", "text": "A general rule of thumb is to avoid having more than 5% of your investments in any single stock, to avoid excessive risk; it's usually even more risky if you're talking company stock because an adverse event could result in an inferior stock price and you getting laid off. Under other circumstances, the ideal amount of company stock is probably 0%. But there are tax benefits to waiting, as you've noted, and if you're reasonably confident that the stock isn't likely to jerk around too much, and you have a high risk tolerance (i.e. lots of extra savings besides this), and you're comfortable shouldering the risk of losing some money, it might make sense to hold onto the stock for a year - but never any longer. The real risk to holding a lot of company stock doesn't depend on how often you buy it and sell it per se, but having period purchases every month should make it easier for you to ladder the funds, and regularly sell your old shares as you purchase new shares. You might also consider a stop-loss order on the stock at or near the price you purchased it at. If the stock is at $100, then you buy at $85, and then the stock drops to $85, there are no more outstanding tax benefits and it makes no sense to have it as part of your portfolio instead of any other speculative instrument - you probably get better diversification benefits with any other speculative instrument, so your risk-adjusted returns would be higher."}
{"_id": "124254", "title": "", "text": "It's impossible to determine which event will cause a major shift for a certain currency pair. However, this does not mean that it's not possible to identify events that are important to the overall market sentiment and direction. There are numerous sites that provide a calendar for upcoming and past events and their impact which is most of the time indicated as low, medium and high. Such sites are: Edit: I would like to add to that, that while these are major market movers, you cannot forget that they mainly provide a certain direction for the market but that it's not always clear in which direction the market will go. A recent and prime example of a major event that triggered opposite effects of what you would expect, is the ECB meeting that took place the 3rd of December. Due to the fact that the market already priced in further easing by the ECB the euro strengthened instead of weakening compared to the dollar. This strengthening happened even though the ECB did in fact adjust the deposit by 10 base points to -0.30 % and increased the duration of the QE. Taking above example into consideration it's important to always remember that fundamentals are hard to grasp and that it will take a while to make it a second nature and become truly successful in this line of trading. Lastly, fundamentals are only a part of the complete picture. Don't lose sight of support and resistance levels as well as price action to determine when and how to enter a trade."}
{"_id": "124258", "title": "", "text": "I still think it will be rather difficult. Best bet is to call around to the five or so closest dealers and express you are considering the car contingent on price (NOT PAYMENT). Ask for them to send you their best out-the-door price on a base model. Then when you get quotes from each of them, shop the lowest price around. Usually dealers will budge a few hundred bucks to beat other dealers.   But a 2018 STI will be difficult, if not impossible, to negotiate a few grand under MSRP. Understand that the people that buy this car are not doing so because it is a great bargain. So dealers can usually push this car at or near MSRP.   Lastly, do not set foot in a dealership until you have a firm out-the-door price. They will play sales tricks until you give up on negotiation and will pay anything just to get out of there. The only time you should go to the location is to sign papers and drive away with the car. Do not worry about being nice and congenial with the salesperson.   This advice got me my current vehicle at about 15% below the lowest True Car estimate. I don't claim this is the best advice out there but it works."}
{"_id": "124279", "title": "", "text": "Here are the lists for the tax forms that Deluxe and Premier include. I think you'll be fine with Deluxe because it sounds like all you need is the Schedule D/8949 forms. Deluxe actually includes most investment related forms."}
{"_id": "124288", "title": "", "text": "No major is useless, some are more useful than others though. I can't really comment on the usefulness of an Economics degree as I majored in Finance (Hopefully someone with an Economics BS/MS/MD can answer that for you here shortly). While I have your attention though, what has you interested in an Economics degree?"}
{"_id": "124293", "title": "", "text": "\"&gt;It's Disney so they will stay family friendly vs another company that may have gone R.  \"\"Family friendly.\"\" - i.e. neutered and toned down for moral Orels.   They should just turn the franchise over to HBO. Prudish families can go fuck themselves and die.\""}
{"_id": "124298", "title": "", "text": "\"I use Google Finance too. The only thing I have problem with is dividend info which it wouldn't automatically add to my portfolio. At the same time, I think that's a lot to ask for a free web site tool. So when dividend comes, I manually \"\"deposit\"\" the dividend payment by updating the cash amount. If the dividend comes in share form, I do a BUY at price 0 for that particular stock. If you only have 5 stocks, this additional effort is not bad at all. I also use the Hong Kong version of it so perhaps there maybe an implementation difference across country versions. Hope this helps. CF\""}
{"_id": "124303", "title": "", "text": "Me too. The guy who wrote this article is the same as me. I never watch commercials, and it's extremely rare if they ever cause me to go buy something. I really don't see the point in commercials anymore. Any commercials I do remember are the funny ones and I'll remember the characters better than the actual product. If it wasn't for Comcast bundling cable with our internet for a low price we wouldn't even have cable.     EDIT: I understand that commercials want brand awareness as well. My point is that this really doesn't apply to me because 95% of the products I buy(food, clothes, and electronics) currently don't have any commercials on TV, if ever. I'm a frugal shopper and if a commercial resonates with me, it's because it's a great deal and not because it's a brand name."}
{"_id": "124306", "title": "", "text": "I'm going out on a limb and calling bullshit.  Here's a fact: Reddit has never turned a profit. And how will it? Unless you put up ads, or allow MANY more sponsored posts (a la Twitter), it's very difficult to see a monetization strategy for this site. Heck, most reddit users are offended at the very suggestion that reddit might be used - **gasp** to make *money.*"}
{"_id": "124320", "title": "", "text": "\"Can you elaborate? What other countries are you talking about?   It's definitely not uncommon for publicly funded \"\"healthcare\"\" (unsure why you put this in quotations) to go to corporate revenues / profits. Canada and Switzerland are two examples off the top of my head who use similar systems. Many other countries use a private sector component.   \"\"The margins are huge\"\" largely because of government involvement. The bloated Resource-Based Relative Value Scale (RBRVS) standardized payment scheme determines payments for services based on the resource costs estimated by a committee that meets in private (the Relative Value Update Committee).   This impractical archaic value system has been adopted by 80% of private insurers, impairing their ability to drive down and offer more competitive prices.\""}
{"_id": "124325", "title": "", "text": "My understanding is that fentanol should only be prescribed for cancer pain. Any other indication is inappropriate. But that most of the fentanol is illegally mixed in heroin, made in China and contributes to a lot of deaths. That isn't coming from doctors."}
{"_id": "124330", "title": "", "text": "\"No. That's idiotic. Blockchain is a security technology. It's like asking \"\"Will quantum computers replace Amazon and eBay?\"\" The answer is \"\"No,  you fucking moron, stop throwing buzzwords together like you're a 60 year old step dad trying to impress people.\"\"\""}
{"_id": "124332", "title": "", "text": "Or perhaps you like feeling superior to people and you forget that you should treat people with some basic respect by default. There's no reason to be openly rude to begin with. Yes my statement was overly general, and I later admitted I didn't know about what I was talking about and should have qualified better. But generally I have had good interactions with most people on reddit even when disagreeing with them. I love conversation and learning things and actually have very little problem with being called wrong. It just rubbed me the wrong way how your comment needed to personally belittle me through direct insults to get a point across when I was stating a general opinion. Your words didn't help to illustrate your point or advance the discussion, only to be insulting a rude.   Yes, this is the Internet and I should post on reddit like I have all the other message in the past and not try to fight the rudeness, hostility, and general rude and abrasive behavior of posters by default, but I've seen so much better here day after day. I try to treat people here with the utmost respect even when disagreeing with them. I just thought I would point out how off putting your comment is, and how unnecessary that attitude would have been because I would have admitted the same thing without your insults.   Also, you may not be a douchebag, but your last response uses the same belittling attitude of your other posts in this thread, and all of your claims about me could be made about yourself (with some minor tweaking).  I would rather just have civil conversations on reddit where I consider everybody friends by default, instead of the rest of the Internet where I consider everybody as savages with alanonymity who attack others for pleasure and lulz."}
{"_id": "124338", "title": "", "text": "\"They trick people into rigged contracts, which requires paying uber even if you quit. So your time spent making money at another job belongs to uber.    What makes it \"\"sort of\"\" slavery is the foolishness of entering the contract.\""}
{"_id": "124341", "title": "", "text": "You should check with the Office of Student Affairs (or equivalent) at your University to see if you can accept Credit Cards. Many will only allow you to accept student organization dues paid in cash, check, or money order. Many universities will also provide your organization with basic operating funds, if you request it. Your first point of contact should be your faculty adviser, though. Your best bet would be to just use cash. Learn where the nearest ATMs are. If you are set on using credit cards, set up a PayPal account and just use it to reimburse the person who fronts the money (cover the markup). Everyone will have to have a PayPal account set up, linked to their credit card. You can avoid fees by using a bank account. If you're so inclined, you can set up a Business account and have a PayPal Debit Card, but you'll want to check with your adviser / University by-laws to see if you're allowed. Don't expect any of these to work as website implementations. As you're a University group, you will undoubtedly be meeting in person such that an exchange of cash/check/money order would be trivial In short, you'll need to check into the rules of your University. Credit cards generally carry processing fees, charged to the merchant, which (on its own) carries some tax implications."}
{"_id": "124350", "title": "", "text": "I have a low position. Only 300 shares but will probably purchase more when it's in the .2-.3 range. They're pumping this company so it'll meet the NASDAQ requirements so i'm predicting executives will be putting a lot into the pool.  Let's ride, boys."}
{"_id": "124368", "title": "", "text": "You can argue that cash dividend is a kind of split as well by this logic. The stock price on ex-dividend gets a hit coincidental with the dividend to be paid, so one can argue that the investor has the same cash value on the day the dividend was paid as if it wouldn't be paid at all. However, for the company to distribute stocks instead of cash may be advantageous if they have low cash reserves but significant amount of treasury stocks, and the stocks are of high liquidity.  It is also a way for the company to release treasury stocks without diluting the current shareholders and creating taxable income to the company, that's an important factor to consider. This is in fact the real answer to your question. The main difference between split and stock dividend is that in split, the stock distributions proportions don't change. With stock dividend - they do. While the outstanding share proportions do not change, total proportions do, because of the treasury stocks being distributed. So company has less stocks in its vaults, but everyone else still has the same proportions of ownership. Compare this to split: company's treasury stocks would be split as well, and it would continue essentially sitting on the same proportion of stocks. That shift of treasury stocks to the outside shareholders - this is what makes it a dividend."}
{"_id": "124389", "title": "", "text": "Well, I believe this should be left up to the employer, but I think a  good employer should offer some level of transparency.  Knowing that someone makes more than you, for justifiable reasons, should be an inspiration to get better at your job.  Everyone in the world knows how much athletes make, and it seems to make them compete a little harder because they know there could be a big pay day if they perform well enough. The problem in business seems to be objective standards of ranking employees, a lot of it seems based on politics (depending on the industry)."}
{"_id": "124395", "title": "", "text": "\"As Kurt Vonnegut said, the way to make money is to be there when large amounts of money are changing hands and take a little for yourself; they'll never notice. That's what transaction costs are: when a fund buys or sells stocks a bit of the money goes to the folks who handle the transaction. When you personally buy or sell stocks a bit of the money goes to the broker in the form of a fee. (and, no, no fee brokers don't work for free; they just hide the fee by not getting you the best possible price). So frequent transactions (i.e., higher portfolio turnover) mean that those little bits of money are going to the intermediaries more often. That's what \"\"higher transaction costs\"\" refers to -- the costs are higher than in a fund that buys and sells less often. In short, those higher transaction costs are a consequence of higher turnover; nothing nefarious there.\""}
{"_id": "124396", "title": "", "text": "lol you do know our tech is built on importing highly educated immigrants.  homegrown engineering is at an all time low.  go to any corporate campus in the silicon vally, apple, facebook, google, all you see are indians and asians.  with the invention of the internet knowledge has been democratized and american companies are slowly losing the lead in tech."}
{"_id": "124397", "title": "", "text": "You are thinking of something similar to [Patreon](www.patreon.com) then but more automated? I don't quite think automation works for this because you might not want to give every site you visit money, even if you visit it often in a short period of time (e.g. while doing research into cults you might not want to give the WBC money)."}
{"_id": "124403", "title": "", "text": "You have a good point, right now the way people raise money at the micro level is hitting up relatives or shmoozing the boys at the country club.  It would be cool if there were local exchanges, but I guess the reason there isn't right now is the costs to run such a thing would have to be borne by small companies and investors, and it's 'cheaper' to just raise money informally.  But with the internet revolution, seems like that would lower the costs somewhat."}
{"_id": "124411", "title": "", "text": "I'm amazed someone down voted you. ITunes is a bastard. I've got a new method for coping with it - if you're looking for a button or an option, look in the opposite place your intuition tells you to look. You won't be where you need to be, but you'll be a whole lot closer.   Alternatively just don't bother."}
{"_id": "124423", "title": "", "text": "Because we're still in competition.  Before it was against nature, now it's against ourselves.  The world is not yet some safe paradise and its well within living memory that total war changed billions of lives and almost took away freedom for many.      Take 2 equal economies.  One grows at 1% and another grows at 3%, in 100 years the 2nd will be 7 times more powerful than the other."}
{"_id": "124427", "title": "", "text": "Wikipedia has a good summary: Historically, branch banking in the United States - especially interstate branch banking - was viewed unfavorably by regulatory authorities, and this was codified with the enactment of the McFadden Act of 1927, which specifically prohibited interstate banking. Over the next few decades, some banks attempted to circumvent McFadden's provisions by establishing bank holding companies that operated so-called independent banks in multiple states. To address this, The Bank Holding Company Act of 1956 prohibited bank holding companies headquartered in one state from having branches in any other state. Most interstate banking prohibitions were repealed by the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. Research has also found that anticompetitive state provisions restricted out-of-state growth when those provisions were more restrictive than the provisions set by the Interstate Banking and Branching Efficiency Act or by neighboring states. Some states have also had restrictive bank branch laws; for example, Illinois outlawed branches (other than the main office) until 1967, and did not allow an unlimited number until 1993."}
{"_id": "124452", "title": "", "text": "Assume that he reformed his ways. He stopped the destructive behavior (gambling) and had enough money from a job going forward to pay for all his future expenses. Then it is true the old debts will fade away both as being collectable, and as a source of a negative mark on the credit report. Also assume that the people or companies never figure out that the the relative has a steady source of income, also assume that all the debts can be forgiven and have no long lasting impact. If any of those assumptions aren't true the plan won't work. The trail of debts will continue to grow, and may have additional complications. As debts fall off the radar, they may be replaced even faster by new threats. Many a person has used a debt consolidation loan, or a home equity loan to pay off all the credit cards; but found themselves back in trouble because they never fixed the underlying problem: they spend more than they make. In the case of a home equity loan they put their house at rick, as a replacement of unsecured loans. If the gambling continues, the lack of payment of old debts becomes a crutch for the ability to generate new debts."}
{"_id": "124458", "title": "", "text": "this article talks about tips you can use to improve your chances of qualifying for a credit card, even if you have poor credit standing. please help us promote it by telling your friends to drop by our site and share the articles posted there to their friends."}
{"_id": "124466", "title": "", "text": "The best and reputable A4 size paper manufacturers guarantee clean paper production that does not go waste. This can be put to recycle at whatever time and can likewise be taken care of in the most proper ways. This is so since as of now there is a lot of paper waste everywhere throughout the world and to make new paper, trees must be cut down."}
{"_id": "124476", "title": "", "text": "True but it isn't too difficult . Perhaps a classic example would be Sony - 5 years losses , this last year US$1.1B , how long can it last ?! However the trick is not to initially concentrate on the corporates but to concentrate on the small to medium sized companies and to ensure that they are strategically placed engineering wise to step in and take over . Business wise they will be used to adapting quickly ."}
{"_id": "124477", "title": "", "text": "It was a forex account (foreign exchange trading).  At that time forex brokers were not regulated or required to be regulated so it was like the wild west.  It was indeed a learning experience and thankfully I was diversified so the hit hurt but did not ruin me."}
{"_id": "124479", "title": "", "text": "The Swiss franc has appreciated quite a bit recently against the Euro as the European Central Bank (ECB) continues to print money to buy government bonds issues by Greek, Portugal, Spain and now Italy.  Some euro holders have flocked to the Swiss franc in an effort to preserve the savings from the massive Euro money printing.  This has increased the value of the Swiss franc.  In response, the Swiss National Bank (SNB) has tried to intervene multiple times in the currency market to keep the value of the Swiss franc low.  It does this by printing Swiss francs and using the newly printed francs to buy Euros.  The SNB interventions have failed to suppress the Swiss franc and its value has continued to rise.  The SNB has finally said they will print whatever it takes to maintain a desired peg to the Euro.  This had the desired effect of driving down the value of the franc. Which effect will this have long term for the euro zone? It is now clear that all major central bankers are in a currency devaluation war in which they are all trying to outprint each other.  The SNB was the last central bank to join the printing party.  I think this will lead to major inflation in all currencies as we have not seen the end of money printing.  Will this worsen the European financial crisis or is this not an important factor? I'm not sure this will have much affect on the ongoing European crisis since most of the European government debt is in euros. Should this announcement trigger any actions from common European people concerning their wealth? If a European is concerned with preserving their wealth I would think they would begin to start diverting some of their savings into a harder currency.  Europeans have experienced rapidly depreciating currencies more than people on any other continent.  I would think they would be the most experienced at preserving wealth from central bank shenanigans."}
{"_id": "124480", "title": "", "text": "If Trump close loopholes for big corporation not paying taxes, while also reducing taxes, it will work.   Any ideas how much taxes Apple paid last year? How much of Apple's money is off-shore?   But your plans are good too! Really. They also do not involve raising taxes.  You have no idea how many people are not audited by the IRS, how big is the under-the-table payments, black market, etc.  Just fix the system.  And when you close loopholes, to save tax money, companies will need to spend more capital and hire people to reduce their taxable profit."}
{"_id": "124493", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-05-31/australia-home-prices-fall-in-may-as-lending-curbs-start-to-bite) reduced by 70%. (I'm a bot) ***** &gt; The monthly decline comes after regulators tightened lending curbs amid fears of a housing bubble, and the nation&amp;#039;s banks raised interest rates - especially for interest-only loans which are popular with property investors seeking to take advantage of tax breaks.  &gt; The monthly drop was led by declines of 1.3 percent in Sydney and 1.7 percent in Melbourne, the two cities where prices have risen the fastest.  &gt; In Sydney, prices have gained 75 percent in the past five years, ranking it behind only Hong Kong as the world&amp;#039;s least affordable housing market.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ele2v/australian_house_prices_fell_in_may_for_the_first/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133825 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **housing**^#1 **percent**^#2 **prices**^#3 **demand**^#4 **property**^#5\""}
{"_id": "124505", "title": "", "text": "Being a tax professional, my understanding is that the threshold limit is a single limit for all your source(s) of income. Now many people who already draw salary which is liable to tax, develop application for mobile and generate some income. Such income is liable to tax, if along with other income they exceed the threshold limit.  Income will have surely related expenses. And the expenses which are related to earning of the income are allowed to be deducted."}
{"_id": "124507", "title": "", "text": "The general rule is: Generally, in order to claim a business deduction for your home, you must use part of your home exclusively and regularly: Exclusively seems to be the toughest standard and I do not know exactly how strict the IRS's interpretation is. Working in your living room where you regularly watch TV and have people over on the weekends would seem to fail that test. A separate room with your computer in it would pass it. If it was your only computer and you regularly played online games with it, that would seem to be a grey area.  The IRA booklet covering this area is here http://www.irs.gov/pub/irs-pdf/p587.pdf I know people that have rented rooms in other places or made use of rental offices for this purpose."}
{"_id": "124587", "title": "", "text": "Wouldn't it be in China's best interest to improve labor standards and allow wages to rise so that they can build a proper middle class and develop a consumer economy? If that happens, that would help level the playing field and take away their advantage in cheap labor"}
{"_id": "124593", "title": "", "text": "In addition to the already good answers you also want to consider your time horizon. Unless you are looking out 10+ years, building your down payment in an account that is invested in the market is probably subject to too much market risk. Are you willing to delay purchasing a home by five years if the market turns down at the wrong time? A better option is to just use a savings accounts. To avoid spending the money, you can open a dedicated account. Separate savings account for a special purpose are s common feature at credit unions and probably are available at many regular banks as well. Then for funding the account, many employers allow you to split direct deposits amongst multiple accounts, so you will just need to provide the routing number and fractional amount of your paycheck for that account."}
{"_id": "124624", "title": "", "text": "It's a failed state. The belief that people are going to hunker down in austerity and pay off national debt was always silly.  Sucks for the bond holders, but all these people who bet against sovereign debt defaults have bet wrong."}
{"_id": "124630", "title": "", "text": "In the United States taxes on the sale of a principal residence are based on the difference between the sale price and the cost of the home. Assuming you meet the requirements you can shelter 250,000 or 500,000 of gains from the sale of your principal residence.  This calculation is not related to the loan balance. The basic equation is sales price minus purchase price. It get a little more complex because some costs to purchase and sell the home are included in the calculation, or if you made renovations to the house that will increase your costs and decrease your gains. Trying to decrease the loan balance just before selling the house would just be paying yourself that money at the settlement table. It could save you some money on interest between now and settlement but emptying your bank account to save a few bucks doesn't seem worth it. I would also prefer to have the money in the bank to pay for some expenses that will popup getting the house sold, you moving, and the settlement date."}
{"_id": "124649", "title": "", "text": "I don\u2019t think you know what is right or wrong.  This is the third time you\u2019ve called me out, and the third time you were mistaken.  The starving man is starvinf because he lacks food.  Give him a million dollars in the middle of Antarctica, and he will still starve.  These false equivalences you have presented above are where so many of our problems come from.  People forget the value of reality over currency.  The Mother\u2019s affection does have monetary value.  It just isn\u2019t so easily quantifiable.  See: Psychiatrists and Psychologists.  They make money off these issues.  The financial value can be seen in the correction of the consequences from lack of affection.  To PAY for affection, trust, loyalty, so many of the \u201csocial\u201d properties we rely on, though, negates some or all of their value.  You assume so many rules that just aren\u2019t supported by reality.  Your economic theories seem to fail when faced with the nuances of reality, especially those economics has ignored.  That\u2019s my opinion, anyway."}
{"_id": "124687", "title": "", "text": "I would stay away form these.  I have had clients gave real problems when it comes to withdrawing the money...not only do you not have control of the investments themselves, but you also do not have a lot of control when it comes time to withdraw the money.  I have also heard from one client that the fees can be outrageous. There was a securities commission investigation a few years back because a number of salespeople were over-promising. My suggestion would be to find someone independent, with access to a number of different products, who can advise you."}
{"_id": "124699", "title": "", "text": "Credit is important for many reasons. Establishing credit is an important step and should be no challenge for someone who already has good habits.  The same lessons and advice that you would find for a student to establish credit would be applicable to your case as well. Factors that influence credit score, Since you are already established in your home country (Australia), you probably have a credit card (and references) that you can provide for the first few challenges (renting a car, renting an apartment). Here are the steps, Your credit score should improve quickly as the first couple of credit cards and the installment loan show good payment history, low utilization, and gain some age. After 1-2 years, you should have a good score."}
{"_id": "124705", "title": "", "text": "You'd only be left with \u20ac2,000 in the bank, so paying it off completely in a lump sum now would be unwise.  However, dropping, for example, \u20ac35,000 onto it is a reasonable option.  That would give you still \u20ac42,000 is the bank (an excellent emergency fund), save you a lot of interest, and greatly speed up the repayment schedule. (Changing subjects: how much interest is it earning in the bank.)"}
{"_id": "124718", "title": "", "text": "\"While that argument likely would have held some merit in, say 1998, I don't think it works quite the same in 2012+. A simple answer of \"\"there weren't any jobs\"\" can be stated and will be interpreted as the truth.\""}
{"_id": "124724", "title": "", "text": "What? I can literally look at a list of individual salaries (I know they are self reported but nobody has a reason to lie about this) that is broken down on a year-by-year basis. The school literally gives you all of the information. How is it naive to believe its true? I'm sure this is the case at most state schools."}
{"_id": "124746", "title": "", "text": "I'm sorry to hear that. I mourn every time an LBS closes its doors. There's no real way to tell if Specialized is to blame, but it certainly wouldn't surprise me.  There is a local bike shop out here on the West Coast called Mike's bikes. They pretty much exclusively sell specialized. They do sell other brands, but only in a very small quantity. I cannot in good conscience give them business. They know who they are in bed with, and I suppose they need to drink their own Kool-Aid."}
{"_id": "124762", "title": "", "text": "he general advice I get is that the younger you are the more higher risk investments you should include in your portfolio. I will be frank. This is a rule of thumb given out by many lay people and low-level financial advisors, but not by true experts in finance.  It is little more than an old wive's tale and does not come from solid theory nor empirical work.  Finance theory says the following: the riskiness of your portfolio should (inversely) correspond to your risk aversion.  Period. It says nothing about your age.  Some people become more risk-averse as they get older, but not everyone.  In fact, for many people it probably makes sense to increase the riskiness of their portfolio as they age because the uncertainty about both wealth (social security, the value of your house, the value of your human capital) and costs (how many kids you will have, the rate of inflation, where you will live) go down as you age so your overall level of risk falls over time without a corresponding mechanical increase in risk aversion. In fact, if you start from the assumption that people's aversion is to not having enough money at retirement, you get the result that people should invest in relatively safe securities until the probability of not having enough to cover their minimum needs gets small, then they invest in highly risky securities with any money above this threshold. This latter result sounds reasonable in your case.  At this point it appears unlikely that you will be unable to meet your minimum needs--I'm assuming here that you are able to appreciate the warnings about underfunded pensions in other answers and still feel comfortable.  With any money above and beyond what you consider to be prudent preparation for retirement, you should hold a risky (but still fully diversified) portfolio.  Don't reduce the risk of that portion of your portfolio as you age unless you find your personal risk aversion increasing."}
{"_id": "124782", "title": "", "text": "&gt; Good analogy is soft drinks - if Warren Buffet puts money into Coke, that doesn't mean Pepsi is going out of business.  Coke and Pepsi are both very well established and very stable.  Uber and Lyft are relatively new and are about to go through a huge change with automation. If either of them don't automate well and do so soon they will fail. There's not a lot that of innovation required from Coke or Pepsi to stay on the top."}
{"_id": "124786", "title": "", "text": "I wouldn't call it a con, but I would say its exponentially harder than just buying gold. You really need to be an expert on the collectability of the coin and all that jazz. I'd leave that market to the people who are collectors of the coins."}
{"_id": "124794", "title": "", "text": "&gt; Then at what ratio of debt to gdp   There is nothing particularly special about that ratio. No point where it becomes a problem per se. Try a different version of the *same* question: at what ratio of your savings to your income...  Same concept.  &gt;will we have to pay all our interest bills with monopoly money   For the government, it's *all* monopoly money and always has been. This isn't a bad thing, it's just a description of the system. The government is the monopoly issuer of the currency, spending it into existence and extinguishing it with taxation.  &gt;(assuming that bank reserves from the fed have less intrinsic psychological value than cash circulating in the private sector, and that if we start paying our interest bills with monopoly money it will drive massive speculation against the dollar)  You can only win speculating against an entity that can *run out* of money. That risk doesn't apply to countries spending in their own sovereign, floating rate currency."}
{"_id": "124819", "title": "", "text": "&gt; The Japanese experience actually tells us that they could never unwind QE.  ...exactly.  I suspect the Fed thinks that it's somehow different (this time it's different... we're different... The Japanese insist that they're different) and the Fed is probably going to tear its anus trying to shit 5 trillion out of its book.  The real question is:  how long.  Time and pressure.  It either makes diamonds or earthquakes and tsunamis."}
{"_id": "124821", "title": "", "text": "\"You do realize that \"\"analyst\"\" is just a corporate title for the lowest on the ladder (aside from consultants) in corporate structure?  Your statement is true only for Sales Analysts vs Research Analysts.  However, entry level traders (capital markets analysts) compensation is quite a bit greater than Sales Analysts and still requires pretty thorough market analysis.  Just about anyone in the industry can be a decent sales analyst as that role really only entails relationship management and basic communication skils.  Most of the boys over on the sales desk are either pursuing a more relationship management oriented path or want a foot in the door to get to trading.\""}
{"_id": "124826", "title": "", "text": "Our aim is to build high quality and strong structural buildings that provide a long term solution to our customers. With years of experience and highly competent team, we ensure a quality service catering to your every need. We can accommodate any requirement and budget without compromising in the quality of the product or service."}
{"_id": "124856", "title": "", "text": "Why not just leave it as is and register as foreign entity in New Mexico? You won't avoid the gross receipts tax, but other than that - everything stays as is. Unless Illinois has some taxes that you would otherwise not pay - just leave it there."}
{"_id": "124860", "title": "", "text": "I know people who work in the gulf and most contracts are of the 14 days on/ 14 days (or so) off flavor. I've never heard of someone being onboard a ship or platform for a year. I bet this is a scam."}
{"_id": "124862", "title": "", "text": "\"To speak to this a little more broadly: apart from groups like hedge funds and other investors investing for purely speculative purposes, one of the major purposes of forwards (and, for that matter, futures) for companies in the \"\"real economy\"\" is to \"\"lock in\"\" a particular price in advance (or to reduce the risk of some kind of investment or transaction). Investopedia defines a currency forward as follows (with a few key points emphasized): [A currency forward is] a binding contract in the foreign exchange market that locks in the exchange rate for the purchase or sale of a currency on a future date. A currency forward is essentially a hedging tool that does not involve any upfront payment. The other major benefit of a currency forward is that it can be tailored to a particular amount and delivery period, unlike standardized currency futures. This can be a major advantage for planning and risk management purposes. For example, if I know I'm going to have to pay $1 million USD in the future and most of my revenue is in Euros, the actual amount I'll have to pay will vary based on the exchange rate between Euros and dollars. Thus, it's very worthwhile for me to be able to \"\"lock in\"\" a particular exchange rate so that I know exactly how much I'm going to pay relative to my projected revenue. The goal isn't necessarily to make money off the transaction (maybe they do, maybe they don't) as much as to reduce risk and improve planning ability. The fact that it doesn't involve an up-front payment is also a major advantage. It's usually a bad practice to \"\"sit on\"\" cash for a year if you can avoid it. Another key point: savings accounts pay less interest than inflation. If inflation is 3% and your savings account pays 1%, that looks remarkably like a guaranteed 2% loss to me.\""}
{"_id": "124875", "title": "", "text": "It's all really personal preference and dependent on how your lifestyle/hobbies are. I have a friend who majored in Marketing and is now making 80k/yr out of college as he is also into web design.  However, in my opinion, Finance would be the most exhilarating and Accounting would be the most stable."}
{"_id": "124880", "title": "", "text": "When you look at principles, whether you're a 'true' socialist, a watered-down SocialistLite or somwhere in between, the ideas are still anti-human.  We can agree that he state of affairs between the US, in the throes of it's Socialist makeover and the Soviet Union, in the Communist heyday are wildly different in terms of results. To draw a comparison of the results would be a lot like comparing apples and deer, and not achieve very much. Let's look at the principles involved instead.  Whether you call it Socialism, Communism, Post-Marxism or any other name, the core principle is the same: Man must look after his neighbour, but cannot be trusted to do so automatically. The state's role is to enforce this duty by using the gun and ensuring wealth is distributed according to doctrine, dogma and/or whim.  No matter what that system calls itself or to what extent it actually materialises, the core principle is one of destruction, not creation. The state has no interest or agenda beyond using their gun to take from you in order to give to another.  On the contrary, let's look at the principles that a true laissez-faire system would operate on. (I say 'would' because a truly free, laissez-faire system has never existed. The US came excruciatingly close, but ran before it was fully realised.)  You have the right to your own life, liberty and pursuit of happiness. These form your individual rights. The role of the state is to use the gun, to ensure your individual rights are upheld.  That's it. Notice how redistribution of wealth or any obligation to your brother is not mentioned. If you and your brothers wish to adopt those principles for yourself, please feel free. But the state will not use the gun to enforce your agenda against those who do not voluntarily agree with it."}
{"_id": "124892", "title": "", "text": "I like Applebees and IHOP, but I don't go often anymore because I find I can make the same food much cheaper at home. The pressure to cut costs also stem from lack of increase in pay year after year. Even though the news crows about unemployment decreasing, I don't get the sense that pay is necessarily increasing significantly."}
{"_id": "124900", "title": "", "text": "\"On BlackRock's XIN page under Key Facts it says the number of holdings as 1. Looking at the top 10 holdings shows EFA as the number 1 holding with a 101% weighting. XIN is \"\"iShares MSCI EAFE Index ETF (CAD-Hedged)\"\", so it takes the underlying component and hedges it to CAD.  The underlying component is an ETF itself, EFA, so they only need to hold that one component (since that is the MSCI EAFE Index ETF). How is it possible to hold over 100%? Take a look at the full list of holdings.  While EFA is the only underlying security (e.g. ETF, Stock, Bond, et.c), the remaining holdings (looks to be 133 remaining holdings) are cash positions.  Some of those positions are negative for hedge purposes.  Because of this, the total value of the portfolio is less than the position of EFA itself (since total value is EFA plus a bunch of negative entries); because the total value is less than EFA itself, EFA has a > 100% weighting.\""}
{"_id": "124909", "title": "", "text": "I mean it hasn't really worked anywhere. You don't create wealth with socialism. Incentives are gone for any sort value creation.  You're already looking backwards at 'peak civilization' once you've gone down the socialism path. Everything ahead is fighting over what's left.  &gt;An economics professor at Texas Tech said he had never failed a single student before but had, once, failed an entire class. The class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer. The professor then said ok, we will have an experiment in this class on socialism. All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.   &gt;After the first test the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. But, as the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too; so they studied little ...   &gt;The second Test average was a D! No one was happy. When the 3rd test rolled around the average was an F. The scores never increased as bickering, blame, name calling all resulted in hard feelings and no one would study for anyone else. All failed to their great surprise and the professor told them that socialism would ultimately fail because the harder to succeed the greater the reward but when a government takes all the reward away; no one will try or succeed."}
{"_id": "124912", "title": "", "text": "Essentially, yes.  The parent company aggregates the business of all its subsidiaries; so there's ArcelorMittal Brazil, ArcelorMittal USA, ArcelorMittal Spain, etc.  So all of their companies put together turned a profit, but the one you work for in particular  (ArcelorMittal USA) wasn't profitable this quarter."}
{"_id": "124940", "title": "", "text": "The higher the debt, the higher inflation needs to be to wash the debt away.  This is why the debt and US equities move upward hand in hand. The same goes for US housing. Just as homeowners borrow money through mortgages so that house prices rise, the banks borrow the money for mortgages through the central banks. Thus, the cycle circulates. The more debt, the higher the prices!  Everybody makes money from debt. That is why the US has the highest external debt on the globe, yet they are considered one of the wealthiest countries in the world."}
{"_id": "124971", "title": "", "text": "Aldi and Lidl have grown in the UK at an alarming rate to the point where they've been able to take significant market share away from the supermarket oligopoly that previously existed.  I wonder if they can pull the same miracle in the US market."}
{"_id": "124978", "title": "", "text": "In a world where everything seems like an advertisement, it's harder and harder for us to trust anything we're told anymore.  Why do you think Fake News is a big topic? Why do you think people are starting to entertain rediculous flat earth theories? When everything is narrative, everything is spin, it's no wonder young consumers are leery of advertisements."}
{"_id": "125009", "title": "", "text": "Thank God for this. I'm getting a cold sweat just reading some of these replies. Especially since you end up with about a million things to consider, frequently contradictory, until there's so little of yourself left it's a little pointless turning up and you can't think straight for analysing in advance and the interviewers sound like brutal robots willing cracks in your facade."}
{"_id": "125011", "title": "", "text": "**Economic and Monetary Union of the European Union: Monetary policy inflexibility**  Since membership of the eurozone establishes a single monetary policy for the respective states, they can no longer use an isolated monetary policy, e. g. to increase their competitiveness at the cost of other eurozone members by printing money and devalue, or to print money to finance excessive government deficits or pay interest on unsustainable high government debt levels. As a consequence, if member states do not manage their economy in a way that they can show a fiscal discipline (as they were obliged by the Maastricht treaty), they will sooner or later risk a sovereign debt crisis in their country without the possibility to print money as an easy way out.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.23"}
{"_id": "125013", "title": "", "text": "The only thing dawning on me is that you claim to think critically and then literally minutes later do EXACTLY the thing I've been saying you do.   You're putting all of terrorism on an entire group of people, and even worse, you're putting it on a group of people that statistics show ARE NOT the threat to worry about.   But by all means, keep thinking critically about Fox News and all of the websites that you frequent. It's going great for you so far."}
{"_id": "125028", "title": "", "text": "Manual setup of the Belkin router is somewhat difficult. You may require some knowledge or some help from the one who has some knowledge of the Belkin setup. To help you while the setup, we have a team of technicians. Solve your query by sending it to us."}
{"_id": "125032", "title": "", "text": "The reason the loan amount is showing is because it is a default - the fact that you live in a non-recourse state doesn't change the fact that a loan obligation that had your name on it was defaulted upon. I don't think there is much you can do now given that your name was still on the mortgages."}
{"_id": "125057", "title": "", "text": "&gt; But their strategy is not debt spending to increase demand.  They deficit spend.  They increase prosperity and thus demand.  They do it consistently and repeatedly.  Claims that it's effects are unintentional don't hold up. Starve the beast is political cover.  What they are doing is pushing profits up for the rich by cutting their taxes.  Why has as many answers as there are politicians pursuing these policies, but the deficit spending is fairly obviously designed to make the economy appear to be doing better.  The interesting side effect is, that they *are* making the economy do better.   &gt; Deficit spending does drive demand short term. But as this debt rises so does the rent seeking cost of that debt.  This is not where rent seeking occurs. The net cost of national debt is negative.   &gt; Most such debt spending is a complete waste.  Only if you don't understand that people having money is a prerequisite for people spending money.   &gt; Your tax rate is not determined by how much money the government takes from you.  The government gives you more income than it takes from you in taxes.  Every bit of cut spending removes income from the population.  Since we all work for each other and one person's income becomes another's relatively quickly, it's an appropriate approximation to average that income out over the population and when you do that you quickly see that government taxes and spending have a net positive effect on how much money we have.  This is why we can dump so much into defense spending and still have a viable economy and why removing that spending would do more harm than good.    Our economic trouble has nothing to do with efficiency and how much work needs to be done, and everything to do with how much money people have to spend.  Government taking on more debt thus creating more money and handing it to it's population makes that problem better and thus the economy gains strength.  Fixing the core problem that is causing the population to run out of money is a harder task, but piling on the debt in the meantime alleviates the symptoms."}
{"_id": "125063", "title": "", "text": "Is it time for you to go ahead and get a new paint job? If you have noticed chipping or fading on your home or business, it may be time for you to call in the best painters in Vancouver. We can help you to get everything in order and get your home or business building painted and looking great like it should be. http://barwickpainting.com/"}
{"_id": "125079", "title": "", "text": "\"That's pretty typical for stores closing.  Remember that once the stores are conducting their closing sales, it's no longer the company that's in charge.  It may say \"\"Sears\"\" on the sign, but it's actually an outside liquidation company that's operating the store.  The liquidator is the one pricing the sales and applying the discounts.  Their job is to get rid of everything and get as much money for it as they can.  Liquidators will also sometimes bring in outside merchandise to closing stores in order to capitalize on the excitement of the going-out-of-business sales.  [This news report](https://www.youtube.com/watch?v=fMiBVlXctM8) shows a case where an outside liquidator brought in some oriental rugs to sell at a Linens N Things that was going out of business.  Linens N Things never sold oriental rugs when it was a going concern, but the liquidator brought them in, complete with a sign saying what the price \"\"was\"\" and what the sale price is.  Once you realize that a closing Sears store isn't actually Sears anymore, it all starts to fall into place.\""}
{"_id": "125098", "title": "", "text": "\"Certainly no one knows in advance how much a stock is going to swing around. However, there are measures of how much it has swung around in the past, and there are people who will estimate the probability. First of all, there's a measure of an individual stock's volatility, commonly referred to as \"\"beta\"\". A stock with a beta of 1 tends to rise and fall about as much as the market at large. A stock with a beta of 2, in the meantime, would rise 10% when the market is up 5%. These are, of course, historical averages. See Wikipedia: http://en.wikipedia.org/wiki/Beta_(finance) Secondly, you can get an implied measure of volatility expectations by looking at options pricing. If a stock is particularly volatile, the chance of a big price move will be baked into the price of the stock options. (Note also that other things affect options pricing, such as the time value of money.) For an options-based measure of the volatility of the whole market, see the Volatility Index aka the \"\"Fear Gauge\"\", VIX.  Wikipedia: http://en.wikipedia.org/wiki/VIX Chart: http://finance.yahoo.com/q?s=%5EVIX Looking at individual stocks as a group (and there's an oxymoron for you), individual stocks are definitely much more likely to have big moves than the market. Besides Netflix, consider the BP oil spill, or the Tokyo Electric Power Company's Fukushima incident (yow!). I don't have any detailed statistics on quantitatively how much, mind you, but in application, a standard piece of advice says not to put more than 5% of your portfolio in a single company's stock. Diversification protects you. (Alternatively, if you're trying to play Mr. Sophisticated Stock-Picker instead of just buying an index fund, you can also buy insurance through stock options: hedging your bets. Naturally, this will eat up part of your returns if your pick was a good one).\""}
{"_id": "125100", "title": "", "text": "It's all about the question's wording. Here they are saying interest is 1.25% *per month* - not per year. This is why in your earlier post, I encouraged you to internalize what P/Y and C/Y mean in the solver. It's best to think of things in terms of *per period of time*. I hope this helps, but more practice certainly will."}
{"_id": "125111", "title": "", "text": "\"Actually, calculating taxes isn't that difficult.  You will pay a percentage of your gross sales to state and local sales tax, and as a single-owner LLC your profits (after sales taxes) should pass through to your individual tax tax return (according to this IRS article. They are not cumulative since they have different bases (gross sales versus net profit). That said, when determining if your future business is profitable, you need to ask \"\"what aspects of the business can I control\"\"? Can you control how much each item sells for? Increasing your prices will increase your gross margins, which should be higher than your fixed and variable costs.  If your margins do not exceed your costs, then you will note be profitable. Note that as a vendor you are at a slight disadvantage to a retailer, since tax has to be baked in to your prices.  A retailer can advertise the pre-tax price, and pass-through sales tax at the point of sale.  However, people expect to pay more at a vending machine, so the disadvantage is very small (you aren't directly competing with retailers anyways).\""}
{"_id": "125113", "title": "", "text": "I have 8 years of 30%+ annual returns, I think i'll trust my judgment on this one. Bought amazon at 272, tesla at 130, etc. Snap is a weak investment long term. They will be one of the first companies (along with twitter) to really lose almost everything once the tides start to change."}
{"_id": "125119", "title": "", "text": "I don't disagree with you, but just as a broad generalization, I think increasing social spending does more good than increasing military spending *at this point*. It'd be different if there were several other countries that had the same military prowess, but if you already have a significant lead, I feel like you should address the other weaknesses."}
{"_id": "125130", "title": "", "text": "\"I totally agree with you that kids and students need social interaction, working together, guidance, mentors, etc.  I definitely want my son to have a human teacher.  However, unfortunately, teaching is provided by the government mostly, they pay terrible salaries for teachers and the government would like to cut costs.   So my guess is that there will be a push for less teachers, or \"\"on-line\"\" teacher conference-call, and other crap, but they will definitely teach for technology to replace teachers.  Forget about teachers: doctors will be replaced even more quickly with \"\"technology\"\".\""}
{"_id": "125140", "title": "", "text": "\"If you elect to have the company treated as an S corp, the profits/losses of the company will pass through to the shareholders (i.e. you) on a Schedule K-1 form every year. These amounts on the Schedule K-1 are taxable whether or not the company actually distributed the money to you. Typically, the company will distribute profits to the shareholders because they will have to pay taxes on this amount. https://turbotax.intuit.com/tax-tools/tax-tips/Small-Business-Taxes/What-is-a-Schedule-K-1-Tax-Form-/INF19204.html So the money held in the company's bank accounts won't appear on your taxes per se, but the profits/losses as reported on the company's tax return will pass through to you on the Schedule K-1. Typically these amounts are taxed as income. Your tax accountant can advise you on how much money you can/should take through regular payroll and how much can be distributed as a shareholder, as well as help you prepare the corporate tax returns and schedule(s) K-1 every year. There are tax advantages to taking money out of the company through distributions instead of payroll, but the amounts can be scrutinized and subject to a criterion of \"\"reasonable compensation\"\", hence my recommendation for a tax accountant.\""}
{"_id": "125160", "title": "", "text": "\"First, contact your credit card company and explain the problem to them, to ensure that they never pay any money to this company. Second, research the US postal code.  Somewhere it says that if you receive unsolicited goods in the mail, they are a gift to you.  Then it becomes a question of whether you went far enough in the subscription process to commit to the subscription. Third, reread the fine print on the web page.  \"\"By clicking submit, you agree to deliver us your firstborn and a herd(?) of baby goats.\"\" Finally, armed with information from the previous steps, call (maybe better to do it in writing by sending a letter to) the company selling the magazines to let them know their mistake.  That the transaction was never completed and that the failure of the transaction led you to believe that the subscription was never agreed upon.  And that you never received a confirmation.  Let them know that you do not wish to continue receiving the magazine.  If you're on the hook, having clicked submit, then find out about their cancellation policy.  Hopefully there's a cancel any time policy.  If so, pay for the first couple of issues, then write it off as a relatively inexpensive lesson on subscriptions, fine print, and reading and keeping copies of contracts. 50 bucks an issue for a monthly magazine sounds expensive.  Is it a trade magazine?\""}
{"_id": "125162", "title": "", "text": "I'm on the other side! I was recently (just today) extended an informal offer from a team that's seeing some pretty big growth recently. I'm 6 months into my entry/mid level management position and I've been thinking about working in client-facing roles. The earning potential is greater, and I'm attracted by the prospect of being your own boss/reporting to your team instead of where I'm currently at, a cog in a giant corporate hierarchy. It's nice as I get to cruise sometimes when things are quiet, and I won't feel stuck in a neverending loop of prospecting and closing. Right now, I'm just a messenger - I figure a research position would be much the same."}
{"_id": "125164", "title": "", "text": "Two kinds of lending going on. The first occurs when the Federal Reserve purchases government securities.  This creates reserves at the Federal Reserve in another bank. The second kind of lending comes when this bank lends out the money.  This is the multiplier effect. The reason for the excess reserves now is that banks are gun-shy and afraid to lend.  Their money is safer at the Fed than with commercial and personal borrowers.  When this changes (either by a recovery, or by the Fed penalizing banks for excess reserves, which it can do but hasn't) then we'll see inflation, and a consequential rise in prices."}
{"_id": "125168", "title": "", "text": "If you have the cash on hand to pay the tax on the amount you are transferring I recommend moving to a Roth IRA An IRA is tax-deferred. You put in pretax contributions in to an IRA, and you are taxed on that money (your contributions and interest earned) when you withdraw it at retirement, age 59 1/2.  The idea being that you will be taking less out per year in your retirement years, putting you into a lower tax bracket. The major problem is most people draw out as much or more a year in their retirement years than when they were working. A Roth IRA grows tax free You put after tax contributions into a Roth IRA, you have paid taxes on the contributions, and you are never taxed on the growth. When you draw the money out at retirement you don't pay any income taxes on that money. Let me give you an example: For this example we will use the following information for both scenario: We will invest $400 per month for a total of $4800. The current maximum is $5000 if you are under 50 years old $400 dollars after taxes is $300 Invest $300 a month, at age 65 you have 3,529,432 You owe no taxes on this money, it doesn't matter how much you take out a year. $400 dollars a month is taken pretax out of your paycheck. Invest $400 per month, at age 65 you have $4,705,909 You owe taxes of 25% as you draw that out for at total tax of 1,176,477 4,705,909 - 1,176,477 = 3,529,432 cash in your pocket The problem is if you draw out more than $82,400 (current 2010 filing single) per year you will be pushed to a higher tax bracket and take more of your money away. If you decide to buy a vacation home and you take out $250,000 to pay for it, that's counted as income for that year any you will be in the 33% tax bracket. Even if you can keep yourself to a low income the government forces your hand and makes you draw out more money at age 70, based on their tables, forcing you into a higher tax bracket"}
{"_id": "125171", "title": "", "text": "Until you find a job, I would recommend doing nothing more than a bank checking account or a checking and savings account.  Some alternatives, such as savings bonds, would be okay if you were perfectly sure you did not need the money in the next six months.  Consider working for a place such as McDonald's in the meantime. Once you have stable employment, there are two paths you could take.  The first is a bond fund.  It would provide fair market returns for the time between now and the collection of social security.  The second would be a traditional annuity.  You have to be careful with them.  If it sounds much better than what others are offering, it is probably a scam.  Your interest in an annuity is that it will pay you money for as long as you live.  If you live to be 105 you will still be getting payments.  A bond fund would have run out of money long ago by that time. The biggest thing for you right now is getting to when Medicare takes over from private health.  Looking for any job is important right now to preserve cash. Although I do not normally recommend annuities, I do with smaller amounts of cash.  It is unlikely you will ever recover this sum again and the time remaining to save is very short.  The greatest challenge with an annuity is regret.  You can't get the money back once you have turned it into an income stream.  On the other hand, it will last as long as you live. The only important caveat is that if you are in poor health, then the bond fund would be better for you because you may not live to be very old."}
{"_id": "125175", "title": "", "text": "OS/2 has had VERY few security concerns, though.  It's extremely stable and very well behaved if the person who configured it knew what he was doing.  The way the OS manages tasks is also very good for preventing data leakage exploits like buffer overruns, code on stack, memory re/deallocation attacks, etc."}
{"_id": "125187", "title": "", "text": "You and fourstates seems to be talking about different things and I don't honestly know which the article is talking about.  Farming out an engine isn't the same as farming out the bracket that holds a wiring harness in the wing.  One thing is farming out a major system while the other is farming out a specific part."}
{"_id": "125188", "title": "", "text": "I am not surprised that things are changing in the economy there! I'd hate to be a small business owner in Renton who has employees they are trying to keep.  The problem I have is that there are two views:  1. Wages on a supply/demand curve is the only analysis that needs to be done. This is the one that supports Republican talking points. High wages hurt people! That's it.   2. Or, we can consider everything else that can give. People commuting from out of the area, businesses re-inventing themselves to be more efficient to hold profits, less skilled workers moving to lower cost of living areas like Renton to find work. There are a lot of things that can move in this system, just as you point out. It's a gravity well, it's a change in the nature of the economic space.  In the end of the day, we have simple measures (employment rate) that is saying that the effects are being absorbed elsewhere in the system. This study, which does a complex model, using those other places that are affected in the opposite manner by the change? Do you really trust it, when the tried and true tool is saying differently?"}
{"_id": "125195", "title": "", "text": "Since you've already maxed out your 401k and your IRA, if you wanted to invest more-- then it would either be in a brokerage account or a 529 (if you have kids/ intend on going back to school). As to investing versus paying off your loans -- the interest on them are small enough that it will depend on your preference.  If you need the cash flow for investment purposes (ie if you are going to buy an investment property) then I would pay off the car loan first -- otherwise I would invest the money.   Since you've already expressed that you wouldn't be too interested in paying the mortgage off early, I've left that off the table (I would prioritize car loan over mortgage for the cash flow reason)  If you do open a brokerage account -- make sure you are minimizing your taxes by putting the 'right' type of assets in a tax advantaged account."}
{"_id": "125197", "title": "", "text": "After driving through Texas last year, I really can't overstate just how many wind turbines there are, and how windy it is. I stopped at a little rest stop right in the middle of the state - in the middle of the day - and I was nearly blown over getting out of the car. And the number of turbines... Just amazing. Miles and miles and miles. It really looked like an endless landscape of turbines."}
{"_id": "125204", "title": "", "text": "I can't address the psychology of trust involved in your question, but here are some common sense guidelines for dealing with your issue. Make sure you know who you are talking to.  Call the company you need to speak to via a publicly available phone number. An email or something you got in a letter might be from a different source.  If you use a website, you should be sure you are on the correct website. Keep careful records.  Make good notes of each phone call and keep all emails and letters forever. Note the time, name and/or ID of the person you spoke to and numbers called in addition to keeping notes on what actions should be done.  Keep your faxing transmission receipts and shipping tracking numbers too. If you are nervous, ask them why they want the info.  The fraud department should be able to explain it to you.  For example, they probably want your social because that is how your credit report is identified.  If they are going to fix a credit report, they will need a social.  It is doubtful they would have a good explanation why they need your mother's maiden name. Ask for secure transmission, or confirm they have it.  Postal mail isn't so secure, but I'll go out on a limb and say most fax machines today are not really fax machines, but software that deals in PDFs.  At some point you will have to realize you will have to transmit something.  No method is perfect, but you can limit your exposure. Help them do their jobs.  If you are (understandably) nervous, consider their motivations: corporate profit.  BUT that could very well mean not running afoul of the law and (with any luck) treating customers the best way they know to earn business.  If you stymy the fraud department, how can they help you? If the ID theft was serious enough, document your issue for future law enforcement so you getting pulled over for speeding doesn't result in you going to jail for whatever crime the other person did.  Perhaps the fraud department you are dealing with can assist there. Finally, while you work with fraud departments to clear up your name and account, work on the other end to limit future damage.  Freeze your credit.  See if you bank or credit card have monitoring.  Use CreditKarma.com or a similar if you cannot find a free service.  (Please don't ever pay for credit monitoring.)"}
{"_id": "125209", "title": "", "text": "\"You are literally claiming ammonia isn't bad for people. That's a claim. If you want to provide proof, then that's fine, but don't claim something without providing evidence.  And \"\"they have been doing it for years, so it must be okay\"\" isn't good enough.   Also, I think it's banned in Europe and Canada, so why don't they think's it's safe?\""}
{"_id": "125230", "title": "", "text": "It will depend largely on your broker what type of stop and trailing stop orders they provide. Saying that, I have not come across any brokers yet that offer limit orders with trailing stop orders.  Unlike a standard stop order where you can either make it a market stop order or a limit stop order, usually most brokers have trailing stop orders as market orders only, where you can either set the trailing stop to be a dollar value or percentage from the most recent high. Remember also, that trailing stop orders will be based on the intra-day highs and not the highest closing price. That means that if the share price spikes up during the day your trailing stop will move up, and if the price then spikes down you may be stopped out prematurely, after which the price might rally again. For this reason I try to base my trailing stops on the highest closing price by using standard stop loss orders and moving it up manually after the close of trade if the share price has closed at a new high. This takes a few minutes each evening (depending on how many stocks you have to check and adjust the stops for) but gives you more control. Using this method will also enable you to set limit orders attached to your stop loss triggers, and you won't have to keep your trailing too close to the last high price thus potentially causing you to get stopped out prematurely. Slightly off track but may be handy if you set profit targets, my broker has recently introduced Trailing Take Profit Orders. The way it works is, say you have a profit target of 50%, so you buy at $2 and want to take profits if the price reaches $3, you could set your Trailing Take Profit Trigger at say $3.10 or above and set a Trail by Amount of say $0.10. So if the price after hitting $3.10 falls to $3.00 you will be stopped out and collect your profits. If the price moves up to $3.30 and then falls to $3.20, you will be stopped out at $3.20 and make some extra profits. If the price continues going up the Trailing Take Profit will continue to move up always $0.10 below the highest price reached. I think this would be a very useful order if you were range trading where you could set the Trailing Take Profit trigger near recent resistance so you can get out if prices start reversing at or around the resistance, but continue profiting if the price breaks through the resistance."}
{"_id": "125251", "title": "", "text": "There are many great performers who will make your children\u2019s  party a great way.  A DJ entertainer is one that is certainly a good idea to consider. Children DJ  Entertainment may just be what you need to ensure a successful kids party.  Our experienced DJ performers will keep the party moving and keep the kids busy with fun and excitement for the duration of the celebration. No matter how many party supply catalogs you look."}
{"_id": "125257", "title": "", "text": "\"There's a big difference between paying for a properly prepared first rate meal, and paying for a microwave jockey to nuke up your bowl of mediocre bulk pre-made bagged soup, your microwaved baked potato, a chain-restaurant cut of flat-top seared steak, and some precooked bread that was probably delivered a few days ago.  The reason places like applebees and bww are failing is because the food quality is atrocious. The food isn't an afterthought, it's the main reason you're there. If it's terrible, there's no reason to go back, and most people have already realized that.  Applebees is quickly reaching \"\"tainted brand\"\" status because of this.\""}
{"_id": "125288", "title": "", "text": "No. A company cannot bill you for services you did not request nor receive. If they could, imagine how many people would just randomly get bills in their mail. Ignore them. They don't have a contract or agreement with you and can't do anything other than make noise. If they get aggressive or don't stop requesting money, hire an attorney and it will be taken care of."}
{"_id": "125296", "title": "", "text": "Wa Po is not brainwashing people to buy Amazon goods or defend Amazon against monopoly charges.     If they were doing that, I'd agree with you.   But they are not.   They are presenting evidence of crimes committed by the Trump campaign in their collusion with the Russian government.   They are giving insight to the daily dysfunction of the Trump administration.     Trump is appealing to the middle class who lost their shops to Amazon but they lost their shops to modern technology.   ATM machines have replaced a million bank tellers.   Trump isn't against monopolies.   He is lying when he acts like he cares.  He is giving the telecoms an awesome deal for nothing in return."}
{"_id": "125298", "title": "", "text": "\"It depends on how the program is run. If the company runs the program out of treasury stock (shares that are authorized, but not issued), then there aren't any shares being purchased on the open market.   Because of that, the share price wouldn't be affected.    If you look in your employer's annual report, you will probably find how the program is run and how many shares are issued annually under that program. By comparing that to the daily trading volume of the company's stock you can gauge whether there's any likelihood of the share price being affected by the employee purchases. That is, of course, if shares are being purchased on the open market.  For example, here is Books-A-Million's program, as described in their 2011 annual report: Employee Stock Purchase Plan   The Company maintains an employee stock purchase plan under which shares of the Company\u2019s common stock are reserved   for purchase by employees at 85% of the fair market value of the common stock at the lower of the market value for the   Company\u2019s stock as of the beginning of the fiscal year or the end of the fiscal year. On May 20, 2010, the stockholders of the   Company approved an additional 200,000 shares available for issuance under the plan, bringing the aggregate number of   shares that may be awarded to 600,000. Of the total reserved shares, 391,987, 373,432 and 289,031 shares have been   purchased as of January 29, 2011, January 30, 2010 and January 31, 2009, respectively. This describes an instance of the employee purchase program being run from unissued stock, not open market purchases. From it, we can tell 18,555 shares were issued during the past fiscal year.  As their average daily volume is ~40,000 shares, if the program were run from a single open market purchase, it would have potential to \"\"move the market\"\".  One would think, though, that a company running it from open market purchases would spread the purchases over a period of time to avoid running up the price on themselves.\""}
{"_id": "125309", "title": "", "text": "If you are an UK citizen and resident, then no. If you are an EU resident or non-EU resident then yes, but there are conditions. Source You can sometimes get VAT refunds on goods bought in the UK if you: You can\u2019t get a VAT refund for: As bringing a laptop PCSpecialist is an online sale(I bought my desktop from them), I don't think you can claim VAT."}
{"_id": "125319", "title": "", "text": "Nothing is wrong and it should be profitable - but it sounds too good to be true. The devil is in the details and you have not described how you found those stocks. For example, you may have scanned the 500 stocks in the S&P 500, and you may have found a few that exhibit that pattern over a given time window. But it doesn't mean that they will continue to do so. In other words they may just be random outliers. This is generically called overfitting. A more robust test would be to use a period, say 2000-2005 to find those stocks and check over a future period, say 2006-2014 if the strategy you describe is profitable. My guess is that it won't."}
{"_id": "125323", "title": "", "text": "Where's the data? You made a claim, now yiou can back it up, or you can recant.  Ad hominem attacks don't support an argument, sure, but given that /u/TrumpTaint *has actually provided evidence*, and you haven't, what are you waiting for?"}
{"_id": "125334", "title": "", "text": "Ok, that's good.  I'd ask you to get in touch with current trends.  Just recently switched jobs and found out I was competing with people that did the undergrad &gt; MBA thing right away.  Very very common."}
{"_id": "125338", "title": "", "text": "Except ISP and cell phone providers were basically granted monopolies by the government. Amazon has just built a good company that consumers like but that doesn't mean they'll always be on top. The only way that could happen is if the government granted them the sole right to sell online."}
{"_id": "125355", "title": "", "text": "No, you trade the warrant and the warrant price of $11.50 for one stock. The warrant is a little like an option, but with a longer term. If you buy a IPOA.WS warrant then that warrant gives you the option to buy one share of class A stock at $11.50 at a future date.  If in the future, the stock is worth $20, then you make $20 - $11.50 -  per share.  If you buy one IPOA.U, then you get 1/3 of a warrant and 1 share of stock, the warrants will be useless unless you buy in groups of 3 for the IPOA.U.  I didn't see the timeframe of the warrant, they're usually good for 10+ years, and they're currently trading in the $1.5-1.8 range. To confirm, here's a decent article about how warrants work: http://www.investopedia.com/articles/04/021704.asp"}
{"_id": "125359", "title": "", "text": "Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [\u041a\u0430\u043a \u043e\u0431\u043c\u0435\u043d\u044f\u0442\u044c \u0431\u0438\u0442\u043a\u043e\u0438\u043d \u043d\u0430 \u0440\u0443\u0431\u043b\u0438? \u041a\u0430\u043a \u0432\u044b\u0432\u0435\u0441\u0442\u0438 \u0440\u0435\u0430\u043b\u044c\u043d\u044b\u0435 \u0434\u0435\u043d\u0435\u0433\u0438!\u0422\u043e\u043f \u043b\u0443\u0447\u0448\u0438\u0445 \u041e\u0431\u043c\u0435\u043d\u043d\u0438\u043a\u043e\u0432 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b 2017](https://youtu.be/OGoTVwy4cXs)|\u0412\u0435\u043a\u0442\u043e\u0440 \u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442|2017-06-12|0:06:04|0+ (0%)|2  &gt; \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445: |...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=dishwf1\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v1.1.2b"}
{"_id": "125367", "title": "", "text": "WTF yourself!  Results matter.  Billions of dollars are changing hands, women are trying to be a part of that, and the result is that women are getting a share that is according to most statistical analysis insignificant.  You are getting all defensive as if this could only have happened if some nefarious persons at the top decided it must be so, but the reality is that persons at the top do not dictate results as you fantasize.  Results are more what we end up with as the result of processes more complex than any of us fully understand, and reality most women get excluded early on because of various issues like the intense harassment that they experience at almost every level.  You say nothing stops women, but analysis of available data appears to show that something is stopping women and that oddly enough we also find grotesquely inappropriate behavior is endemic to all involved institutions.  A lot of people get harassed?  You better believe it.  I am a gay man and you would not believe some of the shit that I get in  supposedly open minded tech industries.  The big difference there is that most straight women have a lot of options open to them while as a gay man I can pretty much thrive and make a lot of money or starve to death in a world that is still festering with irrational spite that isn't even typically acknowledged.  We can all do better.  I am sure of that."}
{"_id": "125371", "title": "", "text": "eSalesData highly customizable mailing lists will allow your sales teams to rapidly contact livestock executives across 6 continents, virtually guaranteeing you an immensely profitable sales drive. With a comprehensive eSalesData mailing list you\u2019ll find that your sales teams can eschew the time-intensive process of prospecting and instead focus on closing more sales."}
{"_id": "125382", "title": "", "text": "His argument seems to be all hinging on the seamless transaction/transfer of money (which I do agree is something that can be made much better) but what about other functions that banks do... like lending (mortgages) ect.   I don't see how that works on blockchain/bitcoin.. and also I don't see why it has to be Bitcoin and not some competing crypto."}
{"_id": "125387", "title": "", "text": "There are jobs for all those people - especially with lower corporate income tax. If your addicted to drugs or alcohol - you must take responsibility for your actions and not expect someone who didn't get addicted to bail you out - that only encourages addiction. There are plenty of jobs and it's very simple to apply - just walk up to someone and say I would like to do that job. No excuses."}
{"_id": "125388", "title": "", "text": "&gt; He risked a lot in the beginning...  You avoided my question.  Your position is that entrepreneurs deserve great reward because they take on great risk. I disagree. When failure means moving out of your mansion and into a suburban neighborhood, I think that hardly qualifies as risk. Compare that to a single mom who only makes enough money to pay for food or heat. That seems like risk.  Now consider President Trump.  His companies filed for bankruptcy four times but he was able to insulate his wealth from those failures. Is that really risk or just being rich?"}
{"_id": "125390", "title": "", "text": "It's tough to make a million like Louie did, but it ain't tough to make a normal living. Go watch the documentary about Wilco. Even if you don't like their music, they dissect the problems with the old model music industry (which you could practically extrapolate to the rest of the entertainment industry). Even if they hadn't made enough off Yankee Hotel Foxtrot by selling themselves online, they could have still toured and made enough to recoup costs and pay living expenses.  Bottom line is that the overnight superstar is over and has always been a fluke anyway. You gotta have talent and work ethic and if you get to the point where Louis CK is, then there's no reason (and never has been a reason) to involve a bunch of middle-men. Louis CK was just as happy to make ~30k a year touring shitty clubs as he is making $1 mil + self releasing a show. That's the way it should be."}
{"_id": "125411", "title": "", "text": "If you dig this you should check out the DEFCON YouTube channel. Deviant Ollum, who\u2019s mentioned in the article, has done several incredibly fascinating conference talks about his exploits doing physical penetration testing. And that\u2019s just the tip of the ice burg.   Warning: this is a multi-hour rabbit hole.  https://www.youtube.com/user/DEFCONConference"}
{"_id": "125422", "title": "", "text": "If this is because he wants to avoid paying taxes, will I get in trouble if I agree to have him work on my vehicle? You should check your state and local sales tax laws to be certain, but in my state you have no liability if he does not pay his taxes.  That's his problem, not yours.  The biggest risk for you is if something goes wrong, you have no proof that the work was ever done, so it's possible he could deny that any transaction ever took place and refuse to correct it or refund your money.  So at worst you're out what you paid for the service, plus what it would cost you to fix it if you needed to and chose to do so.  If you don't want to take that risk, then insist on a receipt or take you  business elsewhere, but there's no criminal liability for you if he chooses not to report the income. EDIT Be aware, though that state tax is levied at the state and local level, so the laws of your individual state or city may be different."}
{"_id": "125424", "title": "", "text": "erm...  a) H1b applications went down over 90% in the last two years because the US does not offer anything better anymore (keep in mind, H1b means a Corp. vouchers for you and you can only stay as employee in the country, you can switch employer but you can't just start a startup or something. fired and no new employer? you get kicked out of the country. which also happens 6 years later no matter what because the visa only lasts 3+3 years and is a lottery so applying doesnt mean you actually get it. so why come in the first place?)  b) H1b visa holders must be payed appropriate.  c) if I can get hired by MS in the US, I can also work for a US office anywhere else, and they have plenty.   d) H1b means you have either 4 years university possibly with degree or you can prove that you worked 3 years for each university year and have therefore a minimum of 12 years job experience in the field you're hired. again, if Microsoft, why in the US? pay in your own country is probably better.  the whole worker visa system is doomed. they should give out IT greencards like Germany tried it many years ago to bring in foreign talent. a visa that is not chained to the employer that vouched for you but let's you open up a startup and stay for longer. h1b pretty much let's you stay in a country that takes taxes for you, you have to obey their laws but you get no benefits and 6 years later you get kicked out. if you want to come back after 6 years you have to stay out at least 1 years, then you're allowed to participate again in the yearly H1b lottery which means almost 2 years after you got kicked out you might win again and you can return to work for the company.    seriously, would you like to be in that situation? building a life in a new country with a countdown attached to it?   (I just left the US after 6 years on H1b)   edit: btw. they are already charging 8 or 12k since 2012 per application. up from 1500 - one of the explanations why applications are down."}
{"_id": "125438", "title": "", "text": "It would be very bad for the global economy. China trade partners would suffer too. It would probably play out as an uncontrolled domino-effect of bankruptcies, runs on the banks, then banks go under, then social unrest, then we profit enormously when things are at their very worst."}
{"_id": "125442", "title": "", "text": "Risk. A shorter-term mortgage is less risky than a long-term mortgage - in this case there's half the chance of something bad happening because there's half the time allotted (15 vs 30 years). Bad things include you going bankrupt, massive inflation, or your home being destroyed in a meteor impact that your insurer won't cover. They entice consumers to these less risky mortgages by offering a lower interest rate."}
{"_id": "125450", "title": "", "text": "\"&gt; It stated that separation of classes was being actively orchestrated.  Where did you see that?  The message I got from the article is that the affluent make choices that unintentionally puts more separation between themselves and the poor.  &gt;&gt; ...it is a simple fact that you would get further with hard work and good parenting in a rich area than in a poor one.  &gt; Do you have anything to support your \"\"fact\"\"?  Sure, how about [study after study shows one of the best predictors for your success in life, however you wish to define it, is the affluence of the zip code of your birth](http://www.pbs.org/newshour/making-sense/america-inequality-begins-womb/).\""}
{"_id": "125454", "title": "", "text": "They may be able to transfer the land to a charitable remainder trust, which then enters into the transaction and pays them an income stream over their lifetime -- but definitely hire a professional before you attempt to do this."}
{"_id": "125472", "title": "", "text": "Multistate Impact of the American Taxpayer Relief Act of 2012  In general, states with rolling conformity will follow this change. States with specific date conformity will continue  to follow the date of conformity currently in effect and will not follow the change. A few states may have their own  QSBS rules and will not conform to or be impacted by this provision of the Act. The chart that follows summarizes  these principles as applied to the enumerated states:  STATE: QSBS Exclusion Conformity:  California statutes refer to the IRC QSBS provisions but modify and limit their  applicability, and would not be impacted by this provision of the Act. However, California\u2019s provisions were ruled unconstitutional in recent litigation and the California Franchise Tax Board has recently taken the position that gain exclusions  and deferrals will be denied for all open tax years. Florida Florida does not impose an income tax on individuals and therefore this provision of  the Act is inapplicable and will have no impact.  Illinois Due to its rolling conformity, Illinois follows this provision of the Act.  Because New York effectively provides for rolling conformity to the IRC, through  reference to federal adjusted gross income as the state starting point, New York  effectively follows this provision of the Act.  Texas does not impose an income tax on individuals"}
{"_id": "125477", "title": "", "text": "\"The $1K in funds are by default your emergency fund. If absolutely necessary, emergency funds may need to come from debt, a credit capacity, focus on building credit to leverage lower rates for living expenses eventually needed. Profitable organizations & proprietors, borrow at a lower cost of capital than their return. Join your local credit union, you're welcome to join mine online, the current rates for the first $500 in both your checking and savings is 4.07%, it's currently the fourth largest in the U.S. by assets. You may join as a \"\"family member\"\" to me (Karl Erdmann), not sure what their definition of \"\"family\"\" is, I'd be happy to trace our ancestry if need be or consider other options. Their current incentive program, like many institutions have often, will give you $100 for going through the hassle to join and establish a checking and savings. Some institutions, such as this credit union, have a lower threshold to risk, applicants may be turned down for an account if there is any negative history or a low credit score, shooting for a score of 600 before applying seems safest.  The web services, as you mentioned, have significantly improved the layman's ability to cost effectively invest funds and provide liquidity. Robinhood currently seems to be providing the most affordable access to the market. It goes without saying, stay objective with your trust of any platform, as you may have noticed, there is a detailed explanation of how Robinhood makes their money on this stack exchange community, they are largely backed by venture funding, hopefully the organization is able to maintain a low enough overhead to keep the organization sustainable in the long run. The services that power this service such as Plaid, seem promising and underrated, but i digress. The platform gives access for users to learn how investing works, it seems safest to plan a diversified portfolio utilizing a mix of securities,such as low Beta stocks or \"\"blue chip\"\" companies with clear dividend policies. One intriguing feature, if you invest in equities is casting votes on decisions in shareholder meetings.  Another popular investment asset class that is less liquid and perhaps something to work toward is real estate. Google the economist \"\"Matthew Rognlie\"\" for his work on income equality on this type of investment. There are many incentives for first time homeowners, saving up for a down payment is the first step. Consider adding to your portfolio a Real Estate Investment Trust (REITs) to gain a market position. Another noteworthy approach to this idea is an investment commercial property cooperative organization, currently the first and only one is called NorthEast Investment Cooperative, one stock of class A is $1K.  If you are interested and plan to focus on equities, consider dropping into your college's Accounting Capstone course to learn more about the the details of fundamental and technical analysis of an organization. The complexities of investing involve cyclical risk, macro and micro economic factors,  understanding financial statements and their notes, cash flow forecasting - discounting, market timing, and a host of other details Wikipedia is much more helpful at detailing. It's safe to assume initial investment decisions by unsophisticated investors are mostly whimsical, and likely will only add up to learning opportunities, however risk is inherit in all things, including sitting on cash that pays a price of inflation. A promising mindset in long term investments are in organizations that focus on conscious business practices. Another way to think of investing is that you are already somewhat of a \"\"sophisticated investor\"\" and could beat the market by what you know given your background, catching wind of certain information first, or acting on a new trends or technology quickly. Move carefully with any perhaps biased \"\"bullish\"\" or \"\"bearish\"\" mindset. Thinking independently is helpful, constantly becoming familiar with different ideas from professions in a diverse set of backgrounds, and simulating decisions in portfolio's. Here is an extremely limited set of authors and outlets that may have ideas worth digging more into, MIT Tech Reviews (Informative), Bloomberg TV (it's free, informative), John Mackey (businessman), Paul Mason (provocative journalist). Google finance is a simple and free go-to application, use the \"\"cost basis\"\" feature for \"\"paper\"\" or real trades, it's easy to import transactions from a .csv.   This seems sufficient to start off with. Enjoy the journey, aim for real value with your resources.\""}
{"_id": "125480", "title": "", "text": "Awsome thanks for the tips! I had the chance to choose in the Emerald Aisle at National which car when I was in LA...and they had base model Mustang vs Camaro vs Challenger...and in the end I went with a 300C but next time I'll try for something a bit sportier. I've heard that the visibilty in camaro is bad and the challenger is a whale...so Mustang may be best choice between the 3"}
{"_id": "125482", "title": "", "text": "\"There is a term for this. If you google \"\"House Hacking\"\" you will get lots of articles and advice.  Some of it will pertain to multifamily properties but a good amount should be owner occupied and renting bedrooms. I would play with a mortgage calculator like Whats My Payment.  Include Principle, interest, taxes and insurance see how much it will cost.  At 110k your monthly fixed payments will depend on a number of factors (down payment, interest, real estate tax rate and insurance cost) but $700-$1000 would be a decent guess in my area.  Going off that with two roommates willing to pay $500 a month you would have no living expenses except any maintenance or utilities.  With your income I would expect you could make the payment alone if needed (and it may be needed) so it seems fairly low risk from my perspective. You need somewhere to live you are used to roommates and you can pay the entire cost yourself in a worst case. Some more things to consider.. Insurance will be more expensive, you want to ensure you as the landlord you are covered if anything happens.  If a tenant burns down your house or trips and falls and decides to sue you insurance will protect you.   Capital Expenses (CapEx) replacing things as they wear out. On a home the roof, siding, flooring and all mechanicals(furnace, water heater, etc.) have a lifespan and will need to be replaced.  On rental properties a portion of rent should be set aside to replace these things in the future.  If a roof lasts 20yrs,costs $8,000 and your roof is 10years old you should be setting aside $70 a month so in the  future when this know expense comes up it is not a hardship. Taxes Yes there is a special way to report income from an arrangement like this.  You will fill out a Schedule E form in addition to your regular tax documents. You will also be able to write off a percent of housing expenses and depreciation on the home.  I have been told it is not a simple tax situation and to consult a CPA that specializes in real estate.\""}
{"_id": "125497", "title": "", "text": "\"I too am a full-monthly-statement-balance payer and I received a balance transfer offer from my credit-card company. This one was quite different from many others that I have read about on this forum. I could do a balance transfer for any amount up to $X from another credit card, or use the enclosed \"\"checks\"\" to pay  some other (non-credit-card) bills, and I would not have to pay any interest for 12 months on the amount thus borrowed.  But, There would be a 2% service charge on the amount I was borrowing. This amount would be billed on the next monthly statement, and it would have to be paid in full by the due date of that month's payment, that is, within the 25-day grace period allowed for payment of monthly statements. Else, interest would start being charged on the unpaid part of the service charge at the usual humongous rate of H% per month. If I had not paid the previous month's balance in full, I would be charged interest at H% per month on the service charge starting from Day One; no free ride till the due date of the next month's statement. Of course, the balance carried over from last month would also be charged interest at H%. If I had paid last month's bill in full, but there were any other charges (purchases) during the current month, then  unless the entire amount due, this month's purchases plus service charge and that \"\"interest-free-for-twelve-months loan\"\"  balance was paid off within the 25-day grace period, my purchases would be deemed unpaid and would start being charged interest. In short, the only way to avoid paying interest on the amount borrowed was to start with a card showing a $0 balance due on the previous month's statement, not make any charges on that card for a whole year, and pay off that 2% service charge within the grace period. It might also have required that one-twelfth of that interest-free loan be repaid each month, but  I had stopped reading the offer at this point and filed it in the round circular file. In short, while @JoeTaxpayer's tale of how \"\"As a pay-in-full user, I've used the zero rate to throw $20K at the 5.25% mortgage\"\" is undoubtedly how things worked once, it is not at all clear that they still work that way. At least, they don't work that way for me.  Heck, once upon a time, for a period of about 3 months, you could earn 1.5% interest per month from the credit card company by overpaying your credit card bill considerably. Their computers then just \"\"added on\"\" 1.5% interest by multiplying your credit balance -$X by 1.015 and so you got 1.5% per month interest from the credit card company. The credit card agreements (and the software!) got changed in a hurry, and nowdays all credit-card agreements state in the fine print that if you overpay your bill, you don't earn any interest on the overpayment.\""}
{"_id": "125506", "title": "", "text": "This is not really a fair response to the article. The article explicitly addresses the different treatments for different cancers, it advocates the principle of vaccines as a treatment for a class of disease, one they have not really been adapted to previously.   In fact, many cancers do have a lot in common, though they use different pathways to achieve immortality, many have disruptions to common apoptopic mechanisms with key genes/proteins like KRAS and PTEN being common problems. The idea of stimulating immune responses as a course of treament to cancer in general is a perfectly valid classification of these approaches, though not the only one."}
{"_id": "125508", "title": "", "text": "The author makes a quick jump here conflating Walker's efforts against public sector unions and the long-term decline in private sector unions.  These two are analytically, politically, and perhaps even morally distinct.  He then makes a correlation argument: union membership has declined and conditions for the worker have gotten worse.  He doesn't substantiate the latter point, nor does he draw a causal link between the two.  There are decent explanations for the secular decline of union membership: sectoral shifts in the economy away from labor-intensive manufacturing and toward technology, information, and service-sectors in which unions are traditionally not present nor as necessary.  &gt; The weakening of unions has had a huge political effect as well: the realignment of the white working class. Since the \u201960s, exit polls have shown that unionized blue-collar whites vote Democratic at a rate 20 to 30 percent higher than their nonunion counterparts. The decline in union membership has weakened Democrats in such heavily white, increasingly deunionized states as West Virginia and Wisconsin\u2026  The author is placing the cart before the horse here.  White working class voters don't think that Democrats represent their interests, so why would they continue to financially support unions that guarantee that their dues will go to politicians who don't represent them?  White working class voters are going to voluntarily join associations that support their own interests and identities, and that's apparently not unions.  If the white working class thought that the Democrats represented their interests, union membership would probably not have declined to such a degree in these regions."}
{"_id": "125510", "title": "", "text": "I do feel like you do need to be lucky in this hiring environment. When employers can get everybody and their dog to apply for a given job, you need to have that four-leaf clover (or at least a referral, which, lucky me, I don't in almost all cases). Now of course, you can keep applying, yes, and you can keep working hard at it... but that doesn't necessarily mean you'll eventually get lucky. It just means that you're now competing with different people who get lucky sooner than you do, and new people who get lucky sooner, and so on, and so on. That's the problem with luck - it's never certain, so in theory it may never come through for you. And that terrifies me when I think about it that way.  Of course, all I can do is keep applying, as it does me no good to acknowledge the potential futility of it all and give up. I'm just saying that as a mathematician/statistician, I'm very aware of probabilities. I always feel like the probability of getting accepted anywhere is close to 0, and sure, the odds increase the more I apply... but that doesn't mean they reach 1."}
{"_id": "125550", "title": "", "text": "My mortgage is with WF. I want to get away from them. I'm going to try to move in a year or two, and then I'll make sure I never touch them again.  I have an account with a credit union. I'll be transferring everything over to there."}
{"_id": "125561", "title": "", "text": "Wrong,  these companies sell fossil fuels,  1,000,000 others consume them..  Solve the problem at the buyer not the seller..    More anti western oil company fluff herw with nothing intelligent to say except to undermine its own premise with only 2 of the top producers being the western ones they are targeting.."}
{"_id": "125564", "title": "", "text": "I would admit that I don't have all the details, but the VA is corrupt and inefficient, including the 8 years under Obama.  Firing people and holding them accountable is good.  As for cutting disability pay, I need to look into that."}
{"_id": "125568", "title": "", "text": "\"No, there are neither advantages nor disadvantages. I'll take on this question from an accounting standpoint.   Financial statements, the tools at which the market determines (amongst other things) the value of a stock, are converted at year end to the home currency (see 1.1.3).If Company A has revenue of 100,000 USD and the conversion to EUR is .89, revenue in the European market will be reported as 89,000 EUR. These valuations, along with ratios, analysis, and \"\"expert\"\" opinions determine if a person should own shares in Company A.  Now, if we're talking about comparing markets this is a entirely different question.  Example:  Should I buy stock of Company A, who is in the American market (as an European)?  Should I buy stock of Company B, who is in the European market (as an American)? I would recommend this as additional level of diversification of your portfolio to inlcude possible large inflation of either the currency. The possible gains of this foreign exchange may be greater if one or the other currency becomes weak.\""}
{"_id": "125597", "title": "", "text": "\"I have no idea where you are getting your years from.  Millennials are typically defined as being born between 1980 and 1996.  Gen-X ends around 1979, and the not-yet-nicknamed Generation Z (perhaps \"\"iGeneration\"\", suggested by some?) starts around 1997.  Of course, there isn't full agreement on the start year, as you even quoted, but it's typically early 1980s (I've seen 1979-1982; your given start year of 1993 makes no sense).  The end year is more up for debate; 1996 is very common but I've seen as early as 1995 and as late as 2000 depending on who you talk to.  One common definition of Millennials is people who are too young to be Gen-X, but old enough to remember the September 11 attacks.  The \"\"18 to 34\"\" range that you quoted was probably written a couple years ago, or at least from the mindset of a couple years ago when that would have been accurate.  And [quoting Wikipedia](https://en.wikipedia.org/wiki/Millennials), not that it is a definitive source:  &gt; researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years\""}
{"_id": "125601", "title": "", "text": "If you put it in a normal account it is (1) taxed as ordinary income now and then (2) any growth is taxed again at the capital gains rate.  Additionally, (3) any dividends will be taxed each year.  If you put it in a 401(k), you will only be taxed once, at the ordinary income rate.   Mathematically, if you start with X and have a regular tax rate of t and capital gains rate of g and your investments return r and there are n years to retirement, then your total wealth if you put it in a mutual fund (ignoring annual taxes on dividends) will be While if you used a 401(k) it would simply be The whole g term (along with any annual taxes on dividends) is gone in the second case and that's potentially a lot of taxes.  The 401(k) is much better in terms of total wealth unless tax rates dramatically rise between now and when you retire so that the t in the second case is much higher than in the first. This is virtually never the case for people retiring now.  Of course, what tax rates the future holds, we do not know."}
{"_id": "125613", "title": "", "text": "\"How can I use a house I own free and clear to purchase another home? Answer: walk in to any bank, that's any bank, or any lending institution. State that you own a house free and clear. This will happen: In all jurisdictions, it's incredibly easy to borrow large amounts of money at the lowest possible rate, once you own a house outright. On top of that, you want to spend the money on another house (as opposed to s sports car or the like), so you have even more equity.  Winner! Your main question will be this.  Say your current house (owned outright!) is worth $500,000.  Go to a bank or lender, and say to them, \"\"How much money will you give me to buy house B putting both the houses on the mortgage.\"\"  One bank will say \"\"fantastic!  buy any house you want up to $400,000!\"\"  Another will say \"\"$450,000!\"\" another will say \"\"$300,000!\"\"  In a hot market another will say \"\"$650,000!\"\".  So shop around and see who will give you the most.\""}
{"_id": "125621", "title": "", "text": "Yes, you can pay for chiropractic and dental through an HSA. If you do this, you are essentially paying for these things with before-tax money. Your savings depend on which tax bracket you are in; for example, if you are in the 15% bracket, you will essentially save 15% on these expenses by contributing the money into an HSA, and then paying out of that account, instead of paying directly with after-tax money.  In order to be eligible to contribute to an HSA, you need to be enrolled in a High Deductible Health Plan (HDHP). If you don't know if your current health insurance plan is an HSA-eligible HDHP, you can ask your health insurance provider."}
{"_id": "125632", "title": "", "text": "Well it goes without saying that you aren't trying to get one over on the company you're complaining about.    I had an icemaker that I paid a crazy amount of money for and the company refused to admit that 5 service within calls six months of installation was out of the ordinary.  One complaint to the BBB and suddenly they were tripping over themselves to send out a new unit.    Was still a piece of shit, gave up, bought a $200 ice maker from walmart and have never had a problem.    But between BBB and chargebacks I've stopped eating shitty company behavior."}
{"_id": "125640", "title": "", "text": "Hypnosis is a blessing for the human race as it can help is a lot of things. One of the greatest thing is that we can use hypnotherapy to stop smoking. At Transformations Coaching &amp; Hypnotherapy, our expert hypnotherapists help their patients in quitting the life threatening habit of smoking."}
{"_id": "125647", "title": "", "text": "\"Can you show me evidence to support the claim that this website is \"\"checked by multiple sources\"\" and \"\"maintained by media reviewers\"\"? Also how is \"\"it rings true\"\" anything other than saying it's true because it confirms what I already believe?  From the methodology section of his website:   &gt; **Disclaimer**: The methodology used by Media Bias Fact Check is our own.  It is not a tested scientific method.  It is meant as a simple guide for people to get an idea of a source\u2019s bias.    &gt; MBFC News was founded by Dave Van Zandt in 2015.  Dave studied Communications in college and over the years has focused on personal research in media bias and the role of media in politics.  His expertise is that he studied communications in college.  Communications is a required course in most colleges, giving anyone who attended college for one semester the same level of expertise in that field as him, including me.  Let's see who his contributors are:  Dennis Kelly - Professor of Religious Studies  Dr. Michael Allen - Professor of systematic theology  Faith Locke Siewart - Photographer  Aaron O'Leary - middle school teacher  According to the website itself. None of the content creators on the website have any history or expertise in media, communications, media research or any relevant field. Also, they admit in the disclaimer that their methodology is not a tested scientific method, which means it isnt a methodology at all, and it isn't subject to peer-review or fact-checking like you claimed.   The only evidence for the legitimacy of this website, is that it confirms what people already believe.  You can't get mad about being called fake news when you're essentially using some dudes blog as a source.\""}
{"_id": "125659", "title": "", "text": "\"Lending of shares happens in the background. Those who have lent them out are not aware that they have been lent out, nor when they are returned. The borrowers have to pay any dividends to the lenders and in the end the borrowers get their stock back. If you read the fine print on the account agreement for a margin account, you will see that you have given the brokerage the permission to silently loan your stocks out.  Since the lending has no financial impact on your portfolio, there's no particular reason to know and no particular protection required.  Actually, brokers typically don't bother going through the work of finding an actual stock to borrow.  As long as lots of their customers have stocks to lend and not that many people have sold short, they just assume there is no problem and keep track of how many are long and short without designating which stocks are borrowed from whom. When a stock becomes hard to borrow because of liquidity issues or because many people are shorting it, the brokerage will actually start locating individual shares to borrow, which is a more time-consuming and costly procedure.  Usually this involves the short seller actually talking to the broker on the phone rather than just clicking \"\"sell.\"\"\""}
{"_id": "125663", "title": "", "text": "Agreed. What this settlement does is ensure that the people who committed the fraud are safe. The current management, employees, shareholders, and customers have nothing to do with what happened 7-10 years ago, but they are the ones that will end up paying to permanently close any potential liability to the people who commited fraud."}
{"_id": "125669", "title": "", "text": "working for a large oil company as an IT person, it's really, really difficult to do business in California. There are so many regulations and standards that it's almost too much for a refiner to put up with.  I'm a typical Redditor.. net neutrality, moderate liberal, etc... and I understand the need for the EPA.. but too much legislation can really be a bad thing for refiner and customer alike."}
{"_id": "125683", "title": "", "text": "It's legal. I have documentation to prove it. Also a location and phone number for said legal weed shop. On top of all that I trust my celeb friend implicitly. Why would she try to fuck me over?"}
{"_id": "125685", "title": "", "text": "Basically, a bonus is no different from your normal income. You will get the same benefits from putting the money in a 401(k) as you would if you decided to put more of your normal income into a 401(k)."}
{"_id": "125696", "title": "", "text": "FICA/SE taxes are not 30%. They are at most ~15%, including the employer portion. Employer also pays FUTA tax, and has additional payroll expenses (like fees and worker compensation insurance). The employee's FICA portion is limited up to a certain level of earnings (110100 this year, IIRC). Above it you only pay medicare taxes, not social security. S-Corp earnings are not taxed at 15%, these are not dividends. They're taxed at your ordinary income rate. You don't pay SE taxes on it, that's the only difference. I hope you're talking about tax treatment decision, because there are entirely different factors to keep in mind when you're organizing a business and making a decision between being it a LLC or a corporation. I believe you should pay some money to get a real advice that would apply to you, from a EA/CPA who would be doing the number-crunching (hopefully correctly). I'm a tax practitioner, and this answer was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer."}
{"_id": "125699", "title": "", "text": "\"I interpret that to mean \"\"vice\"\" stocks and necessities.  \"\"Cake\"\" may just be a nicer way of saying \"\"sin\"\" (see The Virtues of Vice Stocks) and includes \"\"lesser sins\"\" like sweets and soda in the group. \"\"Underwear\"\" likely means things that people are going to buy regardless of the economy - daily staples, which are generally safer stocks.\""}
{"_id": "125711", "title": "", "text": "Our furniture uses only top notch material and beautifully crafted workmanship. Our creative design will provide a long-lasting and eye-catching impression that will light up your home for many years to come. At iHome Studio, we\u2019re committed to helping you achieve your dream home while expressing your unique style and taste."}
{"_id": "125712", "title": "", "text": "Understood. Similar to how doctors who go through/pay for med school prevent me from practicing medicine to profit.   Unsure what you think the average bbg user is doing with the terminal, bud. It's definitely not day-trading, at least not in the way you the think."}
{"_id": "125722", "title": "", "text": "A huge part of the problem is that low income people have been very heavily marketed to by the online and for profit colleges because they were eligible for financial aid (mainly loans) and were seen ONLY as a straw through which to suck money out of the government by these \u201cschools\u201d. Because they were only interested in the money, there was no attempt to qualify students in many of these schools or provide any support to them. When students dropped out their \u201ccounselors\u201d would keep signing them up for classes that they didn\u2019t know about or attend.   Because a lot of the schools are bullshit schools with either no reputation or a poor one, even those who finished were largely not able to get the high paying jobs they were promised in order to lure them in. This goes for low income students, especially ones whose families have no previous experience with post high school education, across the board, and all of this group is far more likely to default (because they were basically ripped off, got nothing useful from these bogus schools and were often outright defrauded, and do not have the income they were told they would have when agreeing to the loans) but because there is a higher percentage of minorities among this group they are more likely to be defaulters. But our unforgiving student loan system doesn\u2019t differentiate between loans for real eduacation and loans for these rip off \u201cschools\u201d so you are still 100% on the hook regardless. Even if they signed you up for several more semesters\u2019 worth of classes after you \u201cwithdrew\u201d.  It\u2019s a lot like the mortgage collapse\u2014desperate to keep making money, the lenders targeted increasingly less qualified people who were also naive about the entire system and sold them terrible loans (sometimes talking them out of more reasonable options) and then when the whole thing starts to fail, it\u2019s all \u201cbecause the government made the banks give mortgages to poor black people\u201d.  The institutions suck up the money and leave bewildered poor people holding the bag, now even poorer with nothing to show for the debt they will literally be digging out of forever.   The Obama administration FINALLY took some steps to control the predatory for-profit institutions and try to sort out who had been ripped off vs people who had genuinely received any useful education, but of course the new Sec of Education is doing her best to roll all that back.  And most of the victims aren\u2019t teens either. They are adults with kids who were trying to do something to better themselves and their lives and got screwed over. Some of these middle aged people will literally be having their Social Security garnished to pay for these loans. It\u2019s disgusting, and even more so to say it\u2019s all affirmative action."}
{"_id": "125749", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://thehill.com/latino/336667-puerto-rico-goes-to-the-polls-for-statehood) reduced by 88%. (I'm a bot) ***** &gt; As a candidate, he said, &amp;quot;The will of the Puerto Rican people in any status referendum should be considered as Congress follows through on any desired change in status for Puerto Rico, including statehood.\"\"  &gt; Statehood supporters argue that territorial status has held back the island&amp;#039;s economy by creating a legal structure where Congress can pick and choose how national laws - most notably tax laws - apply to Puerto Rico.  &gt; He penned a letter to Attorney General Jeff Sessions objecting to the ballot&amp;#039;s title, &amp;quot;Plebiscite for the Immediate Decolonization of Puerto Rico.&amp;quot; Wicker said that Puerto Rico has not been a colony since its annexation from Spain in 1898.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gbb0b/puerto_rico_goes_to_the_polls_for_statehood/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140472 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Puerto**^#1 **statehood**^#2 **vote**^#3 **Rico**^#4 **state**^#5\""}
{"_id": "125769", "title": "", "text": "Loans are indeed a bitch. You should make enough to cover your expenses and live comfortably. Any salary above that is at your discretion. You shouldn't feel pressured to compete for highest salary because if you're happy, it really doesn't matter."}
{"_id": "125770", "title": "", "text": "\"I know WFM have an expensive reputation, but their prices aren't that bad on many things, their products are generally high-quality, and the store experience (cleanliness, checkout flow, etc.) is better than most other supermarkets I know of. I feel like customer service could be better, but I digress.   With that being said, I hope that Amazon aren't going to lower the quality standards along with the prices. I don't want WFM to become another lousy Walmart \"\"Neighbourhood Market.\"\" I personally don't care for their image, rather the value I get, but Amazon's agenda can potentially erode both their image and value.\""}
{"_id": "125776", "title": "", "text": "You normally wouldn't pay income taxes on money that isn't income. Transferring money or withdrawing it from a bank isn't an income generating event. I think it is very doubtful that you would need to claim that on income tax forms."}
{"_id": "125811", "title": "", "text": "What you are describing is called a Home Equity Line of Credit (HELOC). While the strategy you are describing is not impossible it would raise the amount of debt in your name and reduce your borrowing potential. A recent HELOC used to finance the down payment on a second property risks sending a signal of bad financial position to credit analysts and may further reduce your chances to obtain the credit approval."}
{"_id": "125824", "title": "", "text": "Not being catered to?  Shows are routinely cancelled after only 3,4,5 episodes because they don't appear to be tracking as a smash hit.  (to be replaced by some whipped up reality trash, I might add).  If anything, I think they pay too much attention to public opinion."}
{"_id": "125827", "title": "", "text": "When you initiate a chargeback, the merchant has the right to dispute the chargeback.  If they can provide proof that the purchase actually took place, the chargeback will fail. We don't know all the details of your situation, of course, but it appears from what you have said that the tax chain probably has documents that you signed agreeing to the charges.  They prepared your return (even if they did a poor job), and so from their perspective, they have decided that they deserve to be paid.  Whether or not they did a good job is a matter of opinion, of course; their position might be that they did it correctly, and the second business did it poorly.   The chargeback is a powerful tool, but it is not a magic button that makes a charge disappear.  If the merchant can show that a sale did indeed take place and show that the proper amount was charged, the chargeback will fail.  For a service, it isn't enough usually to simply state that you were unsatisfied; if you received the service at the agreed-upon price, the charge is valid. A chargeback is sort of a nuclear option when it comes to getting a refund.  There are negative ramifications and expenses every time a merchant gets a chargeback (even if they ultimately win), and so often they will be willing to work something out to avoid a chargeback.  You should go to the merchant first, if you can, and ask for a refund before considering the chargeback option.  If you file a chargeback without even giving them the opportunity to work it out with you, the merchant will usually want to fight back."}
{"_id": "125839", "title": "", "text": "&gt;If AUD loses half it's value, forget your 3.75% you've just lost half your savings.  Aaaah see now it's making sense. Basically I'm uncovered on any changes in the FX rate and if i hedged that with a currency swap I'd lose any gains from my interest rate due to the arbitrage that would be captured by larger FX firms (who would be the writer of my currency swap?) ?  I'll refresh my irparity knowledge later."}
{"_id": "125843", "title": "", "text": "it's been a staple for many years now actually.  for larger items, and especially for automotive, it doesn't make sense to produce overseas and ship to the states.  besides the option of mexico and canada, it costs way less to manufacture in the US.  that's why you see all OEM car makes have at least a plant or two in the US."}
{"_id": "125847", "title": "", "text": "\"**Are you nuts?**  &gt;*\"\"Are you talking about TARP because that was paid back early and at 6.2% interest, the gov't made money on that bailout. The auto bailout however lost the gov't billions at the taxpayers expense and the bondholders got screwed over and the unions made out like bandits. Your title just shows how bias and uneducated you are on the subject. \"\"*  I'm talking about the GFC/Global Financial Crisis. In 2008.   -------------QUOTED TEXT--------------  http://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308  This article is about the financial crisis that peaked in 2008. *For the global recession triggered by the financial crisis, see [Great Recession](http://en.wikipedia.org/wiki/Great_Recession).*  The financial crisis of 2007\u20132008, also known as the Global Financial Crisis and 2008 financial crisis, is considered by many economists the worst financial crisis since the Great Depression of the 1930s.[1]   It resulted in the threat of total collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many areas, the housing market also suffered, resulting in evictions, foreclosures and prolonged unemployment. The crisis played a significant role in the failure of key businesses, declines in consumer wealth estimated in trillions of U.S. dollars, and a downturn in economic activity leading to the 2008\u20132012 global recession and contributing to the European sovereign-debt crisis.[2][3] The active phase of the crisis, which manifested as a liquidity crisis, can be dated from August 9, 2007, when BNP Paribas terminated withdrawals from three hedge funds citing \"\"a complete evaporation of liquidity\"\".[4]  The bursting of the U.S. (United States) housing bubble, which peaked in 2006,[5] caused the values of securities tied to U.S. real estate pricing to plummet, damaging financial institutions globally.[6][7] The financial crisis was triggered by a complex interplay of policies that encouraged home ownership, providing easier access to loans for (lending) borrowers, overvaluation of bundled subprime mortgages based on the theory that housing prices would continue to escalate, questionable trading practices on behalf of both buyers and sellers, compensation structures that prioritize short-term deal flow over long-term value creation, and a lack of adequate capital holdings from banks and insurance companies to back the financial commitments they were making.[8][9][10][11] Questions regarding bank solvency, declines in credit availability and damaged investor confidence had an impact on global stock markets, where securities suffered large losses during 2008 and early 2009. Economies worldwide slowed during this period, as credit tightened and international trade declined.[12] Governments and central banks responded with unprecedented fiscal stimulus, monetary policy expansion and institutional bailouts. In the U.S., Congress passed the American Recovery and Reinvestment Act of 2009.  (continued- thats just the first two paragraphs)\""}
{"_id": "125848", "title": "", "text": "When it comes to apps, ideas have little value compared to the ability to execute on an idea. If you are not a developer, ask yourself what value you bring to the business besides having an idea. Can you test the value of this idea before it's an app? Is there a market for it? Do you have capital to invest in development, marketing, and production?"}
{"_id": "125854", "title": "", "text": "There it is. The core difference between our perspectives. You believe there are innate human needs that can be known objectively, and I do not.   I believe that human needs are inherently subjective, and their degree of satisfaction or lack of satisfaction is unknowable to anyone but that individual.  Both language and observable behavior offer an incomplete picture of a person's internal state. I think philosophy calls this privileged access."}
{"_id": "125862", "title": "", "text": "The business gives high-quality automobile dealer planning and business valuation services. If you want to benefit, then you could visit our business enterprise internet site. The Kirk Kleckner is the finest organiation for valuation services. These are different sorts of the automotive dealer planning in the United states. Required, shopping for any form of car these days is not a simple depend. The automobile dealer making plans generally stated in maximum international locations has made human beings extra conscious about their costs."}
{"_id": "125868", "title": "", "text": "This is called a Life Annuity, and any life insurance salesperson will gladly sell you one."}
{"_id": "125889", "title": "", "text": "Not always true. A few good companies understand that if they hire the best, and pay for it, they will outpace their competitors through sheer quality.   But keeping wages low is just easier to do than finding and hiring the best, a managing the whole thing well."}
{"_id": "125893", "title": "", "text": "&gt;It depletes the assets of the bank.  Let's be realistic - no, it does not. It's a marginal cost that is passed on to their customers. So, it harms the public.   &gt;They should be breaking into investment banks and destroying their computers, which are actually essential to financial operations and worth large sums to replace per-unit.  The costs of which will be passed on to customers.   &gt;That is, they believe in direct action (violent  Making them no better than statists, when they inflict violence. And often on innocent people, like the customers of the bank who get to pay higher fees.   &gt;The tendency to not give a shit about their image is a fault of theirs, but only in the sense that we Jews are also at fault for not giving a shit about our image: it's not like it would help.  Image is EVERYTHING - it's the only thing that supports the existing murderous regime. And that's exactly what anarchists don't get."}
{"_id": "125918", "title": "", "text": "So Bain buys the company in 2010 which at the time has no debt. 7 years later the company files for bankruptcy and blames outdated systems and online retail.    Sounds like complete bullshit to me. I wonder how much Bain sucked out of the company before letting it wither out and die?  I'm guessing the purchase of the company was financed against Gymboree and then add some hefty management fees and cut back on capital expenses and all of sudden the company is no longer profitable."}
{"_id": "125935", "title": "", "text": "Showz Store provides the high-quality toys, in affordable prices and great customer service. We are the fastest growing online toy store, and we\u2019re excited to keep growing. We provide all kinds of toys online. If you are searching Mastermind Creations for your kids, then you can visit our website. Here you can get a lot of toys in best variety. Our online stores are open 24*7 days. We accept all major credit cards."}
{"_id": "125940", "title": "", "text": "The Gordon equation does not use inflation-adjusted numbers. It uses nominal returns/dividends and growth rates. It really says nothing anyone would not already know.  Everyone knows that your total return equals the sum of the income return plus capital gains.   Gordon simply assumes (perfectly validly) that capital gains will be driven by the growth of earnings, and that the dividends paid will likewise increase at the same rate. So he used the 'dividend growth rate' as a proxy for the 'earnings growth rate' or 'capital gains rate'. You cannot use inflation-removed estimates of equity rates of return because those returns do not change with inflation.  If anything they move in opposite directions.  Eg in the 1970's inflation the high market rates caused people to discount equity values at larger rates --- driving their values down -- creating losses."}
{"_id": "125953", "title": "", "text": "\"I live where Uber, Sidecar and Lyft are available and have almost regularly used all three services.  Out of all of my experiences, Lyft has been the worse. The drivers I've had are quite creepy. They don't seem to have any regulations of how the drivers should act. I've had a driver start smoking in the car with me. Also, they do not have upfront pricing. They do not give an estimate so it's a surprise when you get the bill. They are also a dollar or two more expensive per mile than Sidecar or Uber.  Sidecar is great for when you need longer rides. Their rates are generally cheaper for long trips. The drivers have rules they need to follow. As a driver for them, it kind of sucks. They are based off of a \"\"donation\"\" that you pay for your ride. So you could have a $20 bill. but only pay $3. And then Sidecar takes 20% of that and then to transfer that to your account is either $0.50 or $1. Unless you drive full time, it doesn't make much sense to drive.  And Uber. Oh how I love them! I had one bad experience riding with them and they called me the next day and gave me a refund and some extra ride credit. They are consistently cheaper than Sidecar or Lyft and much more professional. It's like getting a private town car without breaking the bank. Most of the drivers are former taxi drivers, but they go through training with Uber on how to be courteous and knowledgeable about the city. I cannot rave enough about them! :D  It's shady of Uber to mess with their \"\"competitors\"\" but that doesn't change my opinion about them. I highly doubt that Uber is telling the drivers to do this.\""}
{"_id": "125966", "title": "", "text": "\"Still waiting, still not seeing any that have..  When you debate someone, in a forum or somewhere other than your armchair, I suggest you forget about trying to demand a opposite answer from someone as an answer to a question. Its not only childish, its really quite silly. You are, by all definitions, a troglodyte. If you think of those ignorant \"\"republican christians\"\", thats how you are acting now. No country in the past has ever sold and bought there own debt at the same time I can promise you  I worked in finance, for a large highly rated company, then got rich building a business. I know this hurts, but honestly, when you are wrong, just admit it and move on. Ignorance is just so sad to display and probably keeps you held back in life anyways.  Im off to bed though I am sure you'll declare yourself victor of not naming a single country that bought and sold its own debt in history. But, maybe its ANY victory in your head you need right now. Who knows.  ------------------------------------------- Update 1 * lol I see you changed your answer, let me do the same. The fact that the \"\"bank of england\"\" in 1694 is the model of \"\"modern\"\" central banks STILL doesn't show that they BOUGHT THERE OWN DEBT. Do you still not understand this yet? Modern central banking has NOTHING TO DO with buying your own debt. You really are clueless as to how \"\"economics\"\" works aren't you?   ------------------------------------------- Update 2 * I think you keep changing them, because for some reason you just won't admit you have no understanding of modern/classical banking. Once again:  &gt;In order to induce subscription to the loan, the subscribers were to be incorporated by the name of the Governor and Company of the Bank of England. The bank was given exclusive possession of the government's balances, and was the only limited-liability corporation allowed to issue bank-notes.[12] The lenders would give the government cash (bullion) and also issue notes against the government bonds, which can be lent again. The \u00a31.2m was raised in 12 days; half of this was used to rebuild the Navy.  This statement still DOES NOT show that the government here simultaniously purchased its own bonds it issued. It issued debt, yes, no one is debating this. The bank, for all purposes, acted as the Treasury for England.  But honestly, you are a fucking piece of work. I have watched you lie, change your answers, and pretty much do every childish thing in the book to try to win an arguement on Reddit. You are a little person, honestly. I know not of what world you live in, but it isn't this one. Seriously, get better, the world is alot more fun when you don't suck so bad at it.\""}
{"_id": "125973", "title": "", "text": "You can't rollover a 401k directly into a Roth IRA.  What you can do is rollover a 401k into a traditional IRA, and then convert some or all of the money to a Roth IRA.  This is independent of any contributions made to a traditional or Roth IRA."}
{"_id": "125976", "title": "", "text": "You could go further and do a carry trade by borrowing EUR at 2% and depositing INR at 10%. All the notes above apply, and see the link there."}
{"_id": "125981", "title": "", "text": "You can find out the general types of investments by reading the public corporation 10-Q report that is filed with the SEC it can be accessed via the EDGAR system. It will not tell you what securities they have, but it does identify the short term and long term investments categories and their value."}
{"_id": "125984", "title": "", "text": "https://www.cancer.gov/about-cancer/causes-prevention/risk/tobacco  No. I'm just someone who doesn't subscribe to the fear mongering against Monsanto and conventional farming techniques in general. If people decide to avoid traditional practices, all th power to them. If, however, they start to spread misinformation or fearmonger I have a problem with that."}
{"_id": "125986", "title": "", "text": "Cash price is $22,500. Financed, it's the same thing (0% interest) but you pay a $1500 fee. 1500/22500 = 6.6%. Basically the APR for your loan is 1.1% per year but you are paying it all upfront. Opportunity cost: If you take the $22,500 you plan to pay for the car and invested it, could you earn more than the $1500 interest on the car loan? According to google, as of today you can get 1 year CD @ 1.25% so yes. It's likely that interest rates will be going up in medium term so you can potentially earn even more.  Insurance cost: If you finance you'll have to get comprehensive insurance which could be costly. However, if you are planning to get it anyway (it's a brand new car after all), that's a wash. Which brings me to my main point: Why do you have $90k in a savings account? Even if you are planning to buy a house you should have that money invested in liquid assets earning you interest.  Conclusion: Take the cheap money while it's available. You never know when interest rates will go up again."}
{"_id": "126002", "title": "", "text": "IMPACTO offers the best solutions and deals for traveling. Here the traveler will receive rewards while find the best deals. We are all about travel technologies. IMPACTO is a company of the holding Orion Travel Tech Inc.ORION Travel Tech was founded by Mr. Gary German and Mr Rodolfo Ladislau. Mr Gary German, a former Continental Airlines Flight Attendant, Skinit Director, Ad Executive, Feature Film Promotions Director, and Mobile Tech Person.Mr Rodolfo Ladislau, an Airplane Commercial Pilot, Bachelor in Tourism and Hotel Manager with years of experience at the hospitality industry. IMPACTO offers the best solutions and products related to travel industry. learn more details visit here: http://www.iimpacto.com/"}
{"_id": "126004", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Private Express Statutes**](https://en.wikipedia.org/wiki/Private%20Express%20Statutes): [](#sfw)   ---  &gt;  &gt;The __Private Express Statutes__ (__PES__) are a group of [United States federal](https://en.wikipedia.org/wiki/United_States_federal_law) [civil](https://en.wikipedia.org/wiki/Civil_law_(common_law\\)) and [criminal laws](https://en.wikipedia.org/wiki/Criminal_law) placing various restrictions on the carriage and delivery of [letters](https://en.wikipedia.org/wiki/Letter_(message\\)) by all organizations other than the [United States Postal Service](https://en.wikipedia.org/wiki/United_States_Postal_Service).  &gt;  ---  ^Interesting: [^American ^Letter ^Mail ^Company](https://en.wikipedia.org/wiki/American_Letter_Mail_Company) ^| [^United ^States ^Postal ^Service](https://en.wikipedia.org/wiki/United_States_Postal_Service) ^| [^Private ^cancellation](https://en.wikipedia.org/wiki/Private_cancellation) ^| [^Local ^post](https://en.wikipedia.org/wiki/Local_post)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjnqjkd) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjnqjkd)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "126007", "title": "", "text": "&gt;According to the IRS, penalties and fines are only non-deductible when they are paid for actual violations of laws/regulations.  That's not quite correct. Section 162(f) says [bolding is mine]:   &gt;No deduction shall be allowed under subsection (a) for any fine or similar penalty **paid to a government** for the violation of any law.  That means they can only claim a deduction on the portion of the fine that isn't paid to the US government.   I'm doing a little research to see if I can find out what the dealy-o is."}
{"_id": "126062", "title": "", "text": "Ahaha you're so butthurt it kills me. I'm not sure wtf insight you think I should be giving on CIMs or pitch books cuz they're pretty fkn self explanatory. As for modelling, infra modelling (which is most of my modelling experience) is super technical and the models are really extensive so it's not really applicable to most other industry groups. You don't have to believe me about who I am or what I do but I really gain nothing from lying about it lmao"}
{"_id": "126065", "title": "", "text": "\"You seem to have all your financial bases covered, and others have given you good financial advice, so I will try to give you some non-financial ideas. The first and most important thing is that you are investing with a long time friend, so the dynamics are a lot different that if you had recently met a stranger with an \"\"interesting\"\" new idea. The first thing you need to ask yourself is if your friendship will survive if this thing doesn't go well? You've already said you can afford to lose the money so that's not a worry, but will there be any \"\"recriminations?\"\" The flip side is also true; if the venture succeeds, you should be able to go further with it because he's your friend. You know your friend better (back to grade school) than almost anyone else, so here are some things to ask yourself: What does your friend have that will give him a chance to succeed; tech savvy, a winning personality, a huge rolodex, general business savvy, something else? If your guardian angel had told you that one of your friends was planning to embark on an internet/advertising venture, is this the one you would have guessed? Conversely, knowing that your friend was planning to do a start up, is this the kind of venture you would have guessed? How does \"\"internet\"\" and \"\"advertising\"\" fit in with what you are doing? If this venture succeeds, could it be used to help your professional development and career, maybe as a supplier or customer? Can you see yourself leaving your current job and joining your friend's (now established) company as a vice president or acting as a member of its board of directors, the latter perhaps while pursuing your current career path?  Are your other mutual friends investing? Are some of them more tech savvy than you and better able to judge the company's prospects of success? To a certain extent, there is \"\"safety in numbers\"\" and even if there isn't, \"\"misery loves company.\"\" On the upside, would you feel left out if everyone in your crowd caught \"\"the next Microsoft\"\" except you?\""}
{"_id": "126068", "title": "", "text": "\"Dimon's analysis and conclusions regarding his own lack of leadership and flawed oversight, leaves me frustrated and thinking... \"\"No Shit Sherlock!\"\"     For five years we keep hearing over-and-over from an endless procession of Wall Street Elite how nobody understood the smoke-and-mirror shenanigans and that none of them believed that they were involved in any wrongdoing. Each time that this lame conclusion of blaming \"\"unexpected consequences and complexity\"\" is offered, are we really meant to accept it? Does anyone accept it? Stating that \"\"I now know that deceitful business practices and blatant gambling had grave consequences\"\" is hardly a revelation.   Seriously, Dimon had to be the archetype for the **[Captain Hindsight](http://vimeo.com/16315458)** character.\""}
{"_id": "126074", "title": "", "text": "According to this site:   If you think the plan trustees or others responsible for investing your pension money have been violating the rules, you should call or write the nearest field office of the U.S. Department of Labor's Employee Benefits Security Administration (EBSA (formerly PWBA)). Looking at EBSA's FAQ for abandoned plans finds:   EBSA has developed an Abandoned Plan searchable database to help participants and beneficiaries find out if a particular plan is in the process of being, or has been, terminated. The site is searchable by plan name or employer name and will provide the name and contact information for the QTA, if one exists.  If you do not have access to a computer to conduct the search, you may contact one of EBSA\u2019s Benefits Advisors to assist you by calling toll-free, 1.866.444.EBSA (3272). So I would try searching the database for your plan.  If that doesn't help, you can call EBSA and ask for more specific assistance.  Or use the contact us page to find an alternative contact method."}
{"_id": "126078", "title": "", "text": "... its not really a surprise that people in a major US city (populated mainly by Democrats) aren't too keen on Trump.   I guess I'm impressed the WaPo actually sent a reporter somewhere that's not on a coast.   Sort of."}
{"_id": "126079", "title": "", "text": "\"This is reddit quality material. Don't use reddit to do your homework. The CMO is a type of MBS. The simplest type of MBS is a simple mortgage pass-through. So no, CMO's and MBS's aren't \"\"basically the same thing\"\". Don't use reddit for shit like this these Occupy Wall Street fuckers don't know what the fuck they're talking about. All they know is that they're poor and that's about it.\""}
{"_id": "126081", "title": "", "text": "\"Except here's the problem.   Sunglasses for example are something you'd be a fool to buy online without trying them on first.   So you go to a store, try on a pair of ray-bans that cost $260, and you get them online for $120.  The problem is that when all the stores disappear, we no longer have that option.    Honestly I did this at Sunglass Hut...   I bought them on an impulse, found the model online, and returned them and said: \"\"I wouldn't care if it was $40 difference - being able to try them on is worth it.   But you're selling them for double what I can get them for online, so I'm going to return these.   I feel like an ass, but you guys don't price match.\"\"  The 19 year old girl probably didn't care too much on my rant, but maybe one day it'll get to the company's management.\""}
{"_id": "126096", "title": "", "text": "I think there are three important considerations:"}
{"_id": "126134", "title": "", "text": "\"Exactly, it's like Ayn Rand arguing against handouts then living off welfare in her old age. Or rich people arguing against tax loopholes while taking advantage of them while they exist. Just because you use something doesn't mean you agree with it, you have every right to say \"\"this is bullshit, but I'm going to do it because it's fair that I do.\"\"\""}
{"_id": "126135", "title": "", "text": "I don't think you understand what I'm saying. The right to free speech has nothing to do with private companies. I agree with the concept of free speech as it is defined in the Constitution, I don't agree that private companies should be forced to provide a platform for it or to facilitate it in any way."}
{"_id": "126144", "title": "", "text": "First and foremost, I would warn about having to shell out your own money for start-up, inventory, or other sunk costs.  If I have to significant amounts of goods and stockpile them, that would be a warning.  Some goods-based MLM have significant start-up costs.  Along with this - how realistic are your time expectations.  Is this to be a part-time occasional endeavor - or your full-time occupation?  Do you know enough people that you believe you can recruit, as it is the pyramid that makes you the money, not the goods themselves. Secondly, market research.  Companies that I would consider real franchise-like companies generally either have, or demand you do, significant market research in an area before you start.  They don't want the good name of their company tarnished by having a venue close down.  MLM generally don't care as much (generalization).  Similarly, are there others in the same neighborhood/town already in the scheme?  If so, and depending on the size of your community, many of your potential target recruits may already either be in the scheme, or already scared/annoyed. Third, and last for my list are any kind of pressure tactics.  Again - franchisee companies and their ilk generally want a long-term relationship with the right people - not just more and more people as part of the pyramid.  MLM and the like tend to want expand at all costs."}
{"_id": "126146", "title": "", "text": "See http://blogs.reuters.com/felix-salmon/2011/04/30/why-the-sec-should-look-at-levered-etfs/?dlvrit=60132, http://symmetricinfo.org/2011/04/are-investors-in-levered-short-treasury-etfs-a-disaster-waiting-to-happen-pt1/, and the articles linked from it: The issue with holding a levered ETF past 1 day is that investors expose themselves to path dependency in the underlying.... The reason for the difference in payouts comes from the fact that the manager of the levered ETF promises you a multiple of the daily returns of the underlying. To be able to promise you these daily returns, the ETF manager has to buy/sell some of the underlying every day to position himself to have a constant leverage ratio the next day. The short video below explains this process in detail for a 2x long ETF, but the same result holds for a 2x short ETF: the manager has to buy more of the underlying on a day when the underlying increases in value and sell more of the underlying when the underlying goes down in value ."}
{"_id": "126151", "title": "", "text": "While historical performance is not necessarily indicative of future performance, I like to look at the historical performance of the markets for context. Vanguard's portfolio allocation models is one source for this data. Twenty years is a long term timeline. If you're well diversified in passively managed index funds, you should be positioned well for the future.  You've lost nothing until it's realized or you sell. Meanwhile, you still own an asset that has value. As Warren Buffet says, buy low and sell high."}
{"_id": "126155", "title": "", "text": "&gt; 1% is by definition not common.  I'd say the opposite. By definition, 1 in 100% are in that 1% group, which means a random person has a decent chance of knowing some of them. It's common like having red hair is."}
{"_id": "126171", "title": "", "text": "\"I found the study \"\"The irrationality of payment behaviour\"\" accidentally while searching on the term \"\"DNB Study\"\" instead of \"\"D&B Study\"\".  This study, which, when I followed the link, went to the web site dnb.nl (Dutch National Bank), instead of dnb.com (Dun & Bradstreet).  It mentions all the salient points that I hear Dave Ramsey and others mention when they talk about studies on this subject of credit vs cash.  Also, it cross references to many other studies by various researchers, banks, and universities.  Is this the \"\"missing mythical DNB study?\"\"  I'll let you decide.  Relevant \"\"coincidental\"\" points from the study: To be fair and complete, I should mention that clearly the relevant parts of this DNB study are talking about discretionary spending.  Auto-paying your mortgage with a card is clearly not going to cost you more (unless you somehow forget to pay off the card or some other silliness).\""}
{"_id": "126203", "title": "", "text": "When you ask people to differentiate between a condominium and an apartment, they usually base their answers on the structure itself. A condominium is, more often than not, a high-rise building filled with dozens of living spaces while an apartment is usually two to three stories high with only a handful of units."}
{"_id": "126211", "title": "", "text": "I work with plenty of older guys who have never seen Office Space.  They express the same sentiments as others of us who have.  Generally it keeps getting worse too as roles move from technical to tracking.  The last thing we need is more bosses that just track shit."}
{"_id": "126219", "title": "", "text": "Eh... do you not like sausages, beef pepperoni or bologna? It isn't like we didn't eat this shit before, we have for thousands of years, just most of the recipes that utilize it our not to our modern tastes so the turn it into more palatable products. You might not have ate straight up cow tongue, cow heart, cow asshole, ect straight up but you have ate it many many times without complaint if you ever eat sausage."}
{"_id": "126241", "title": "", "text": "Oh you're right, there are still ways to travel lighter with kids....it's all relative...  But having ACTUALLY traveled light when I was younger I know what it means.  Now even after slimming down the suitcases, I still felt like I was bringing half the house to the tropics for 2 weeks."}
{"_id": "126245", "title": "", "text": "No matter how a company releases relevant information about their business, SOMEBODY will be the first to see it. I mean, of all the people looking, someone has to be the first. I presume that professional stock brokers have their eyes on these things closely and know exactly who publishes where and when to expect new information. In real life, many brokers are going to be seeing this information within seconds of each other. I suppose if one sees it half a second before everybody else, knows what he's looking for and has already decided what he's going to do based on this information, he might get a buy or sell order in before anybody else. Odds are that if you're not a professional broker, you don't know when to expect new information to be posted, and you probably have a job or a family or like to eat and sleep now and then, so you can't be watching somebody's web site constantly, so you'll be lagging hours or days behind the full-time professionals."}
{"_id": "126268", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.npr.org/2017/10/11/556973877/fed-s-departing-vice-chair-on-stocks-the-federal-debt-and-transparency) reduced by 86%. (I'm a bot) ***** &gt; Fed&amp;#039;s Departing Vice Chair Stanley Fischer On Stocks, U.S. Debt And Transparency Stanley Fischer says that despite record highs in the stock market - boosted by the Fed&amp;#039;s low interest rates - he doesn&amp;#039;t see a bubble.  &gt; In an interview with NPR&amp;#039;s Robert Siegel, Fischer says that despite record highs in the stock market - boosted by the Fed&amp;#039;s low interest rates - he doesn&amp;#039;t see a bubble.  &gt; Fischer also says that the $20 trillion national debt is not worrisome currently, but if interest rates go up that could cause &amp;quot;Significant problems&amp;quot; for the federal budget.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76587t/feds_departing_vice_chair_on_stocks_the_federal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~227548 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **rates**^#1 **Fed**^#2 **interest**^#3 **very**^#4 **low**^#5\""}
{"_id": "126274", "title": "", "text": "\"i realize the required rate will need to be below the expected growth rate. not really the issue.   i'm also not looking for insight into how i model these two possible options, i'm really just interested in how people would think about producing a discount rate for the projects.  \"\"but you determine the required return(discount rate) based on the perceived risk of the investment and your particular views\"\"   this was the ultimate question i was getting at. what would YOU use?\""}
{"_id": "126281", "title": "", "text": "So here's our [answer](http://www.taxalmanac.org/index.php/Treasury_Regulations,_Subchapter_A,_Sec._1.162-21).  What it looks like, is basically that the **fines** are not deductible, but the **damages** are.   At any rate, I don't think it's questionable at all. It reduces the overall amount of the amount they have to pay, but it's certainly not like they come out ahead on the deal. Further, I presume it's been argued before a court that since the income was illegally obtained (through some sort of illegal function of the business) then the business paid taxes on income it shouldn't have made in the first place."}
{"_id": "126299", "title": "", "text": "In the Anti-Money Laundering World ( AML) , structuring consists of the division ( breaking up) of cash transactions, deposits and withdrawals, with the intent to avoid the Currency Transaction Reporting ( CTR) filings.  In your case the issue is not structuring but the fact that you have another person ( unknown to the bank) depositing cash , event if it is above the CTR threshold, for you to withdraw later .  The entire scenario raises a lot of questions."}
{"_id": "126304", "title": "", "text": "Will they retire the name or just move collection to some poor town's spring and dry it up and create havoc in the process? I personally LIKE the fact that Aquafina is just Detroit river water. No real environmental damage, the river is large enough to supply it, no harm no foul. (I don't drink bottled water because it is akin to starting a tire fire in my mind)."}
{"_id": "126307", "title": "", "text": "Yes, I think this is the general idea. We're going through a deleveraging. On the one hand, this isn't entirely a bad thing because the financial crisis showed some people were lending irresponsibly. A lot of bad loans were made and bad loans that don't get repaid cause a lot of havoc.  One the down side, like the original poster said this makes it seem like money is drying up. This has been a bigger problem in some places than other. A lot would argue, myself included, that the US has deleveraged relatively--and key word is relatively--smoothly. Other places, like Europe have not been so lucky."}
{"_id": "126340", "title": "", "text": "I wouldn't say were in a Dotcom Bubble 2. For example, Groupon doesn't have a moat, there are already 1 million copycats, and its stock did not skyrocket, it is tanking. Facebook has hundreds of millions of devoted users. However, I believe I saw some stats regarding daily and weekly usage. They did look good for Facebook. Anyway, if you want steady long-term growth you will put your money into Coca-Cola or McDonald's until China, India, Russia, and Brazil are saturated. Still a lot of growth potential there. But don't listen to me, I liquidated everything one day before this past week's run-up."}
{"_id": "126345", "title": "", "text": "\"Are you out of your mind?   Offer the Teacher Unions to pay more to teachers?   This will turn in two seconds from \"\"we want to offer 10% more\"\" to \"\"we demand 30% more... and next year another 30%\"\".  Unions are the main reason teachers get paid little and treated badly.  P/S: I would not mind to agree with the Union to pay 30% more IF they allow to fire teachers for misconduct. Zero chances they will agree to that.\""}
{"_id": "126352", "title": "", "text": "Keep in mind there are some examples of combination medications that have improved outcomes. I'm thinking specifically of HIV meds, HEP C medications, and other combo meds for infectious disease.  Truvada for example. It's one pill. Emtricitibine and tenofovir. Taken alone emtricitibine and tenofovir have complex and tedious pill regimens (like most other HIV meds regimens) but for patients to be able to take one pill, once a day has made their compliance with the med regimen much better. Lower viral load, higher cd4 counts, and improved management of their HIV.   I'm not saying the absurd price hikes of these other meds are warranted. They're not. But when dealing with public health issues, and infectious disease in a population that has a difficult time being compliant with their meds, combo meds are worth the cost."}
{"_id": "126363", "title": "", "text": "As deep as the next guy's i suppose. Just to be clear, i want to take most of the money away from the elite and use it to fund education, healthcare, and opportunities. End the drug war. Ya know, things that make logical sense."}
{"_id": "126385", "title": "", "text": "The bank will consider total of both parties income for the loan qualification. Provided both parties will be listed on the mortgage."}
{"_id": "126406", "title": "", "text": "I'm not a big fan of Lyft after noticing that they put a $15 hold on my card for each ride, sometimes for multiple days. I get that they need to guarantee their fare, but my rides are almost always &lt;$10, so the hold is... irritating."}
{"_id": "126419", "title": "", "text": "\"No, I didn't read the article (I never claimed to have), and no, I don't know the person's credentials (I never claimed I did). This thread seems to be directed towards hiring a music major as a security specialist, which is an irrelevant point to argue.  The point to argue is whether they are qualified, which has nothing to do with a degree if they've worked for more than a year. That was the entire point of my comment.  Tl;dr Her degree is irrelevant and everyone is attacking the scapegoat.  EDIT: I also realized I referred to her as \"\"he\"\", which was a typo.\""}
{"_id": "126431", "title": "", "text": "\"Other things equal is sometimes referred to as \"\"ceteris paribus\"\" - the scenario where you compare two currencies (or things) under the assumption that all other factors that could effect those currencies (earthquakes, revolutions, currency crises ect) are not ocurring. Its like using a control group in a lab. \"\"Real interest rates\"\" means the rate of that countries interest rate, accounting for inflation. \"\"Proportional to the strength of its home currency\"\" is referring to how countries with higher rates of interest tend to have stronger currencies (relative to other currencies) because foreign investment/capital will flood into the country seeking those higher rates of return - excess demand for the currency will cause it to appreciate. So this is also true in reverse, as capital will tend to leave a country will ultra-low interest rates.\""}
{"_id": "126455", "title": "", "text": "Other than the two answers (both of which recommend waiting until marriage to actually combine finances, and which I agree with), there's the general question:  how does a couple choose to manage finances? In our marriage, it's me.  I'm more numbers-minded than my spousal-unit.  I'm also more a sticker for time.  I work and spousal-unit does not. We had some good friends -- upon marriage, spouse1 felt like he should take on the role.  He went on a several-week trip (leaving spouse2 at home), and upon returning home asked spouse2 about the late fees.  Spouse2 was appalled.  Spouse2 ended up keeping the job of managing household finances. There's enough pieces to the puzzle that it can be divided any way you choose -- any way that works for you and your spouse/virtual-spouse. One other point:  talk about how to manage your money, before you marry.  Dave Ramsey recommends a strict monthly budget.  I like listening to Dave Ramsey, but we've never had a budget.  Instead, we agreed during marriage counseling two things:"}
{"_id": "126460", "title": "", "text": "&gt;You were an unsecured creditor.  Yes, but his situation was more complicated than your run of the mill unsecured creditor.   He had a trading account. It may very well have been technically *structured*, for accounting purposes, as unsecured credit - but the reasonable assumption for the average person is that trading/deposit accounts are held in trust rather than as individual investments/grants which the company can use how it pleases with just the promise to pay you back later.   Now, granted, somebody with a Refco forex account should be sophisticated enough to understand the difference - but that doesn't change the fact that even such investors might normally just assume that their accounts are being sequestered. It would make the most sense.   It sounds to me like Refco's accountants, and everybody involved in the process, were thieving scumbags."}
{"_id": "126476", "title": "", "text": "Sameer Thakar Anyone knows Sameer Thakar knows that he loves to engage his body as well as his mind. He is an active runner and tries to get out on the pavement as often as possible and get moving. He understands that exercise is the best way to relieve stress, improve mind, and keep in shape. In addition to that Sameer Thakar participates in a number of athletic activities, including cricket, tennis, and racquet ball. He is also an avid chess player, which is a great way to exercise the mind."}
{"_id": "126479", "title": "", "text": "\"Preferred dividends and common dividends are completely separate transactions.  There's not a single \"\"dividend\"\" payment that is split between preferred and common shares. Dividends on preferred shares are generally MUCH higher than common dividends, and are generally required by the terms of the preferred shares, again unlike common dividends, which are discretionary.\""}
{"_id": "126502", "title": "", "text": ""}
{"_id": "126505", "title": "", "text": "Not entirely true.  If the humidity is 100% but the temperature is lower than your body temperature, sweat will still evaporate since there will be enough energy to excite water molecules into a gas.  The excess will condense somewhere just likely not on you since you are warmer than the air."}
{"_id": "126521", "title": "", "text": "&gt;Then we will have to agree to disagree.  The important thing is that we didn't give any solid advice to the original question :)  &gt;The social discount rate isn't about borrowing it is about funding projects that would return a higher rate. To simply say the discount rate is the same as the borrowing rate (which is dirt cheap right now) isn't wise because different projects offer better social value. Think of it as your opportunity cost.  I agree with you that there may be better projects. But I am implying that as long as those other projects' IRR are above the borrowing rate, they also should be undertook. Basically keep on borrowing and going down the pecking order until the borrowing rate meets the IRR of projects not started. What every that equilibrium is should be the discount rate.  And while someone may say that borrowing takes away from private investment (and they are right), it is in the best interest of the country to ignore that. The market for government securities is global; the state could be taking more from foreign private investment than domestic.  However, this does ignore the manipulation on the rate that goes on from forced lending from citizens. Social Security by law has no choice but to invest in government securities. I don't know, I think I'm just rambling now."}
{"_id": "126548", "title": "", "text": "Website:https://www.hosesfittings.com || We have attained a valuable position in the industry by supplying an outstanding array of ISO Male 74 Degree Cone Jic Pipe Fittings. During production we only use modern machines and utmost-grade metal. To add to it, our quality analysts keep an eagle eye on the complete range at each and every stage of manufacturing to ensure its overall quality. These ISO Male 74 Degree Cone Jic Pipe Fittings are much appreciation for its dimensional accuracy and corrosion resistance nature. Shape: Equal Angle: 74 Degree Material: Carbon Steel Certification: DIN, JIS, GB Cartification: ISO Steel: 20# Steel Pressure: High Working Pressure Drawings: OEM or Lt Drawings Technic: Improving Technic by Engnieer Trademark: YH Hydraulic or custom-made print logo Origin: China Mainland Connection: Male Head Code: Hexagon Wall Thickness: Customs-Made Technics: Forged Color: Silver Name: High Quality Hydraulic Pipe Fittings Logo: Laser Print Delivery Time: 30 Days Engnieer: Professional Engnieer to Improve Inspection: More Than Three Inspection Specification: all size available HS Code: 73079300"}
{"_id": "126559", "title": "", "text": "There is no rule that says the dealer has to honor that deal, nor is there any that says he/she won't.  However, if you are thinking of financing through though the dealership they are likely to honor the deal. They PREFER you finance it. If you finance it through the dealer the salesman just got TWO sales (a car and a loan) and probably gets a commission on both. If you finance it through a third party it makes no difference to the dealer, it is still a cash deal to them because even though you pay off the car loan over years, the bank pays them immediately in full."}
{"_id": "126565", "title": "", "text": "\"You can find lots of answers to this question by googling.  I found at least five pages about this in 30 seconds. Most of these pages seem to say that if you must convert cash, converting it in the destination country is probably better, because you are essentially buying a product (in this case, dollars), and it will cheaper where the supply is greater.  There are more dollars in the USA than there are in Portugal, so you may be able to get them cheaper there.  (Some of those pages mention caveats if you're trying to exchange some little-known currency, which people might not accept, but this isn't an issue if you're converting euros.) Some of those pages specifically recommend against airport currency exchanges; since they have a \"\"captive audience\"\" of people who want to convert money right away, they face less competition and may offer worse rates.  Of course, the downside of doing the exchange in the USA is that you'll be less familiar with where to do it.  I did find some people saying that, for this reason, it's better to do it in your own country where you can shop around at leisure to find the best rate.  That said, if you take your time shopping around, shifts in the underlying exchange rate in the interim could erase any savings you find. It's worth noting, though, that the main message from all these pages is the same: don't exchange cash at all if you can possibly avoid it.  Use a credit card or ATM card to do the exchange.  The exchange rate is usually better, and you also avoid the risks associated with carrying cash.\""}
{"_id": "126576", "title": "", "text": "\"Perhaps mysterious in the sense that any dubious story involving a powerful and influential firm will not have their name actually mentioned?  I've often found when American media runs a story like this, with no details, I can go look at London's Financial Times and they will name-names.  For example CNBC or CNN might run a story \"\"top wall street firms fined\"\" and not name the actual firms.  You have to look at non-American media to get actual names.\""}
{"_id": "126603", "title": "", "text": "Idk if equating fiscal policy to direct changes in debt is the greatest idea. Yes if you buy one more F-35 your debt will increase by $160 million. However it's more complicated when discussing decreased debt, as for the direct cause."}
{"_id": "126615", "title": "", "text": "\"There were some immigrants,but they were not allowed because they were not \"\"white people\"\"  http://en.wikipedia.org/wiki/United_States_v._Bhagat_Singh_Thind  England was a bigger magnet for Indians due to colonial history. The first mass immigration from India to US was during the 1970s when doctors and nurses were allowed due to a shortage during the Vietnam war. Still, it was very expensive and not many other jobs were available for us.  Computers and the Y2K scare in the 1990s actually became a boon since any warm body (at that time) could be trained to scroll through COBOL code and make changes, and \"\"onsite\"\" presence was required. Most of my classmates went to US to study and/or work in IT. The goal in my company is to \"\"go onsite\"\"\""}
{"_id": "126617", "title": "", "text": "\"so, in your view, the Democrats rely on illegal aliens to vote them into office?  i agree that our current system seems really crazy on multiple levels  holy crap.  i just realized, you might be working for one of those groups whose intent it is to change public opinion via talking in forums online.  even though you misspelled \"\"doners\"\"\""}
{"_id": "126622", "title": "", "text": "Citizens of Reddit, why must we care about workers making $9/hr when you own [electronics made by workers in Foxconn earning $1.87/hr](http://www.reuters.com/article/2010/10/01/us-foxconn-idUSTRE6902GD20101001)   Maybe some of you fail to see the point, would you pay more money for your computer, if it meant workers had a wage increase? Would you pay more money for your goods in walmart?  This may seem harsh and some of you may be in denial, but the fact is the american people have spoken with our wallets not our hearts. This post is in /r/business where we know profit margin is the key to successful company"}
{"_id": "126633", "title": "", "text": "Yeah . .We can see that we can hit what we fire, but can we hit what the enemy fires?  Two missile over Japan and nothing, I don't see how siren blowing and alarms blaring and people running for cover as an unidentified missile flies overhead does not constituent a threat.  Conclusion: Trumps speech was Panic and bravado and bluff, it seems the US and its allies have been living under a false sense of security . . .there is no missile shield"}
{"_id": "126660", "title": "", "text": "&gt; Instead they focused on bottom line, cut training, and pissed off the community by abusing employees and being rude and useless to anyone walking in the door. &gt;   1. OH NO, they do NOT cut training, not by a long shot. People seem to think they (past employee) are the 'worst tech-selling company', they aren't, they're a decent electronic store. We are trained on sales and basic product knowledge. Except when as a cashier / customer support guy, I was trained oven installation. Twice actually because they needed it again. We get more training than we know what to do with (not really but most of it is bs so we don't care) and you can just click through the fuckers, and with common sense, pass tests. I build pc's and have maintained multiple business networks in my home-town, but couldn't work GS even after I passes all necessary training, because I couldn't sell as ons well enough. Like really, 100% I just couldn't (even though I left top of my dept.)  2. We sell, and we try to sell hard. People see it as annoying and pushy, same here.  3. We will not go down or byebye for a long time, because we did what Radio shack is doing wrong, cell phones. Best Buy mobile is insanly popular / profitable, and a whole lot of people love it. We shut down 100+ stores last year... we opened up 3 times the number of specialty mobile stores in the US / CA... A lot of those old stores were never profitable, almost every one of the new ones really is.   People just like to think BB is screwed, no, it's actually not. It has a market that doesn't really exist on reddit, the regular guy that wants some shit and someone to maybe fix his shit when his shit doesn't work. He doesn't need the best shit, the newest shit, or the special shit, he wants what his NEIGHBOR has and what he thinks he kinda gets. That middle America, Kentucky and Tennessee market you know? That is fucking huge, we just forget about em."}
{"_id": "126675", "title": "", "text": "\"The argument you are making here is similar to the problem I have with the stronger forms of the efficient market hypothesis.  That is if the market already has incorporated all of the information about the correct prices, then there's no reason to question any prices and then the prices never change.  However, the mechanism through which the market incorporates this information is via the actors buying an selling based on what they see as the market being incorrect. The most basic concept of this problem (I think) starts with the idea that every investor is passive and they simply buy the market as one basket.  So every paycheck, the index fund buys some more stock in the market in a completely static way.  This means the demand for each stock is the same.  No one is paying attention to the actual companies' performance so a poor performer's stock price never moves.  The same for the high performer.  The only thing moving prices is demand but that's always up at a more or less constant rate. This is a topic that has a lot of discussion lately in financial circles.  Here are two articles about this topic but I'm not convinced the author is completely serious hence the \"\"worst-case scenario\"\" title. These are interesting reads but again, take this with a grain of salt.  You should follow the links in the articles because they give a more nuanced understanding of each potential issue.  One thing that's important is that the reality is nothing like what I outline above. One of the links in these articles that is interesting is the one that talks about how we now have more indexes than stocks on the US markets.  The writer points to this as a problem in the first article, but think for a moment why that is.  There are many different types of strategies that active managers follow in how they determine what goes in a fund based on different stock metrics.  If a stocks P/E ratio drops below a critical level, for example, a number of indexes are going to sell it.  Some might buy it.  It's up to the investors (you and me) to pick which of these strategies we believe in. Another thing to consider is that active managers are losing their clients to the passive funds.  They have a vested interest in attacking passive management.\""}
{"_id": "126679", "title": "", "text": "To some degree, it affects every organization that wants a foreign worker.  Is *that* why you don't get interviews? No. There are plenty if reasons, which are probably your r\u00e9sum\u00e9 and cover letter, and/or how you present your skills and experience"}
{"_id": "126696", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html) reduced by 80%. (I'm a bot) ***** &gt; The strategist&amp;#039;s case for bitcoin is a basic supply-and-demand story, similar to the argument other proponents of bitcoin use when playing up its future as &amp;quot;Digital gold.\"\"  &gt; While the lack of regulation is what has attracted many buyers, many consider bitcoin the &amp;quot;Wild West.&amp;quot; Three years ago, Mt. Gox, the largest bitcoin exchange then, filed for bankruptcy and said it lost 750,000 of its users bitcoins and 100,000 of the exchange&amp;#039;s own.  &gt; Lee acknowledged bitcoin&amp;#039;s volatility in his report, noting that annualized bitcoin volatility is 75 percent, &amp;quot;Substantially higher than gold&amp;#039;s 10%. But as noted, gold&amp;#039;s volatility approached 90% from 1971 to 1980 as the U.S. abandoned the gold standard - hence, we expect this to improve over time.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lved5/first_major_wall_street_strategist_weighs_in_on/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~161687 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bitcoin**^#1 **Lee**^#2 **currency**^#3 **digital**^#4 **gold**^#5\""}
{"_id": "126700", "title": "", "text": "1. It is a human right to have children, even if you are not wealthy.  2. Don't cut education funding and then complain that poor people aren't informed enough to make rational decisions. There is no social contract where we have all agreed that humans become omnipotent in terms of their reasoning at a certain age. That is an excuse certain people make to exploit and abuse the ignorant. There is a word for it, a lot of belief systems use it: evil"}
{"_id": "126719", "title": "", "text": "You pointed out that HFT does not create ipods are mine minerals.  Neither does human trading. HFT is a proxy for human trading.  Although the computer is executing trades automatically based on an algorithm, it is still using money from a human being's account so the trading is still being done with someone's money. Fast execution of trades is desirable in exchanges.  Imagine two exchanges:  One only executes trades once a month, the other executes trades once a week.  Which exchange would be more desirable?  The exchange that trades once a week.  Why?  Because if I'm holding a stock that I would like to sell, I want to sell it now - not a month from now.  Same reason for buying.  This concept works all the way down to seconds and fractions of seconds. The issue with HFT, however, is there are cases where the market goes against the HFT algorithm and the algorithm continues to execute trades driving prices up or down by large amounts in the matter of minutes or even seconds. The exchange frequently cancels these trades which only encourages more aggressive HFT trading since HFT traders can have their losses cancelled.  This is a privilege that LFTs (low frequency traders) do not receive.  This is a valid criticism of HFTs. A short list of such cancelled trades: 8/26/2010: Nasdaq cancels trades of CORE stock 10/4/2010: Nasdaq cancels trades of CENX stock 10/15/2010: NYSE cancels trades of PAY stock 10/18/2010: NYSE cancels $500 million worth of SPY trades 5/18/2011: NYSE cancels 15,900 trades of BEE.PR.C 6/21/2011: Nasdaq cancels CNTY trades 12/2/2011: London Metals Exchange cancel trades of copper"}
{"_id": "126720", "title": "", "text": "I worked for AOL and saw it first hand. I couldn't believe what they got away with for so long. And of course if you complained you would be canned for under performing. Nothing really happened until they did it to the wrong person.. A judge tried to cancel his account and kept getting billed..."}
{"_id": "126733", "title": "", "text": "Don't order anything deep fried and stop getting a soda - makes most fast food reasonable aside from over-the-top stuff like the Burger King Mac-N-Cheetos.   Even a 7-11 hotdog makes a decent meal depending on your nutrition needs. Load it with jalapenos, onions, tomatoes and get an unsweetened drink. Lots of salt and the bun is full of carbs (toss it if you don't need the extra carbs in your diet), but it's my go-to on a hard 40 mile bike ride as I'm usually sweating a lot and need the quick energy."}
{"_id": "126743", "title": "", "text": "\"Most answers have concentrated on this being a scam, however, it is possible this is an innocent mistake. Australian bank account numbers do not have redundant digits to be used to validate an account number; all of the numbers are data and uniquely identify a bank and branch (the BSB number) and an account (the Account number). Computer check digits are not part of bank account numbers because bank account numbers pre-date computers. It is entirely possible that someone entering an incorrect number can, by chance, hit upon an existing account. As the bank clearance system in Australia is entirely automatic there is no cross-checking of account numbers with account names.  Internet banking in Australia is not a wire-transfer as is common in places like the USA (although these can be done): here you are effectively accessing your bank's \"\"back office\"\". Nor is it like the BPay service which  is used primarily by B to C businesses as a way for their customers to pay their bills; when using this service the biller code will show you who you are paying and the customer number does have check digit validation. I run a business in Australia and it has happened to us on several occasions than an employee or supplier has given us incorrect numbers. Usually, it is not a real account and after a week or so the money makes its way back to us with a message like NO ACCOUNT or A/C CLOSED.  Very occasionally, however, the wrong number hits a live account: when that happens the person who f*&ked up needs to contact their bank and try and get the transaction reversed. If there is money in the destination account this usually happens with little fuss, however, if the destination account has been closed or emptied things get problematic. Of course, taking money that isn't yours is stealing even if it happens to be sitting in your bank account. However, unless the sum involved is significant the police are usually not interested in diverting their attention away from \"\"serious\"\" crimes like homicide, armed robbery and terrorism so the aggrieved party is usually on their own. That said, this is probably a scam because they called you rather than your bank doing so. They cannot get your phone number from your account number: they have to know who you are and what your account number is. This is not as hard to do as it sounds since both your name and account number are prominently printed on your cheques and deposit books (possibly your phone number as well which saves them looking it up in the White Pages).\""}
{"_id": "126751", "title": "", "text": "\"I can pretty much guarantee you that the vast majority of new small companies will NOT grow to have 50 workers (they probably won't even have 49 workers, or 48, or even 47).  Once they approach 40, other \"\"solutions\"\" -- even beyond the \"\"part time employees\"\" suggested by the author (a thing I would expect will be \"\"addressed\"\" by a change in the detailed regulations -- the Federal government will attempt to stop this obvious loophole by redefining what constitutes a \"\"full time employee\"\") -- MANY other solutions will be executed (dividing the company into two or three distinct entities with slightly different ownership {for example wife owns one location, husband another, etc}, plus the obvious expanded use of temp agencies, contract and/or subcontract workers, subbing work {especially generic administrative work} out to other firms, etc).  Any and all of those will probably cost far LESS than $40k a year (which is probably a woefully underestimated number).\""}
{"_id": "126756", "title": "", "text": "The main reasons are that investment are deducted from your gross income and earnings are not taxed until withdrawal. This applies to both traditional IRAs and 401Ks. Roth accounts have different rules but valuable benefits. My effective income tax rate is around 35%. This means that for every $1000 I earn in wage I only get to keep $650. Since my 401K contributions are deferred reductions from my income I can invest 35% more money into my 401K than I would be able to invest in a non-tax-advantaged account. Where I can invest $1000 into my 401K I would only be able to invest $650 into a non-advantaged account with the same wages. If I put $650 into an account yielding 10% then my one-year return on my income is $65 The 10% return on my $1000 is $100. Compared to what I would have been able to take home in the first place this makes my ROI $100/$650 = 15.3% Interest earned in non-advantaged accounts incurs taxes every year. Interest earned in advantaged accounts does not incur taxes until withdrawn. Compounding 10% annually for 20 years is significantly more than 6.5% compounded annually for 20 years. Imagine 10% on a 1000 investment with no additional cash flows over 20 year. The result is $6727, or 672%. Imagine your income tax rate does not reduce below 35%, your after-tax return is 4372, or %437 return. Now imagine you pay taxes every year on 10% take, so your take annually is only 6.5%... Now over 20 years you have $3523 (but you've already paid all taxes on this) and your return is %352 You have earned 24% more money because taxes were deferred until withdrawal! EDIT: Some tabular info for the commenters Your take home from the investment is $3752 because you have diligently paid your taxes every year on the earnings. Now, with the tax deferred until withdrawal! You then owe 35% tax on the withdrawal so you keep 7400 * .65 = $4810 $4810 versus $3750 means you have made an additional $1060, or 28%, from the compounding against tax-advantaged earnings. But Matthew! you say... Annual proceeds from your investments are not taxed at your income tax rate. This is true for now but the political winds are pushing this direction. However, even if you use a reduced rate in the first situation (let's say 30% instead of 35%, if you're a California resident) then the effect is $4140 rather than $3750. Less of a gain, but still a gain. In fact your capital-gains rate would have to be as low as 22% to even this difference out (versus a 35% income tax rate).... And remember that this assumes you're in the same bracket at retirement (which more people are not) You may also note that I used $1000 as the principle in both calculations. This was intentional to show the effects of compounding the taxable earnings alone. If you replace the taxable principle with $650 instead of $1000 then the effect is even more pronounced and only balanced out if your capital gains rate is actually zero!"}
{"_id": "126770", "title": "", "text": "You're welcome to disagree. Lol, and actually it'd be fairly easy to do an artificial markup on labor expense on a P&amp;L, then show you price increase necessary to maintain margin, assuming a constant volume increase year over year. I've done many similar exercises.   My family has a small business too, yay. They probably wouldn't hire outside help at $15 an hour. I've worked for minimum wage before for multiple years, it's not like I got some small loan for a million on birth.   Also, I'm referring to a blanket national minimum wage increase. It would wreck small companies in cheap areas if too high."}
{"_id": "126771", "title": "", "text": "\"Tax is often calculated per item.  Especially in the days of the internet, some items are taxable and some aren't, depending on the item and your nexus.  I would recommend calculating and storing tax with each item, to account for these subtle differences. EDIT: Not sure why this was downvoted, if you don't believe me, you can always check with Amazon: http://www.amazon.com/gp/help/customer/display.html/ref=hp_468512_calculated?nodeId=468512#calculated I think they know what they're talking about. FINAL UPDATE: Now, if someone goes to your site, and buys something from your business (in California) and the shipping address for the product is Nevada, then taxes do not have to be collected.  If they have a billing address in California, and a shipping address in Nevada, and the goods are shipping to Nevada, you do not have to declare tax. If you have a mixture of tangible (computer, mouse, keyboard) and intangible assets (warranty) in a cart, and the shipping address is in California, you charge tax on the tangible assets, but NOT on the intangible assets. Yes, you can charge tax on the whole order.  Yes for most businesses that's \"\"Good enough\"\", but I'm not trying to provide the \"\"good enough\"\" solution, I'm simply telling you how very large businesses run and operate.  As I've mentioned, I've done several tax integrations using software called Sabrix (Google if you've not heard of it), and have done those integrations for companies like the BBC and Corbis (owned and operated by Bill Gates). Take it or leave it, but the correct way to charge taxes, especially given the complex tax laws of the US and internationally, is to charge per item.  If you just need the \"\"good enough\"\" approach, feel free to calculate it by total. Some additional reading: http://en.wikipedia.org/wiki/Taxation_of_Digital_Goods Another possible federal limitation on Internet taxation is the United States Supreme Court case, Quill Corp. v. North Dakota, 504 U.S. 298 (1992),[6] which held that under the dormant commerce clause, goods purchased through mail order cannot be subject to a state\u2019s sales tax unless the vendor has a substantial nexus with the state levying the tax.  In 1997, the federal government decided to limit taxation of Internet activity for a period of time. The Internet Tax Freedom Act (ITFA) prohibits taxes on Internet access, which is defined as a service that allows users access to content, information, email or other services offered over the Internet and may include access to proprietary content, information, and other services as part of a package offered to customers. The Act has exceptions for taxes levied before the statute was written and for sales taxes on online purchases of physical goods.\""}
{"_id": "126773", "title": "", "text": "You read 'The E-Myth' now go ahead and read 'The E-Myth Revisited' but don't quit studies. Try to start a business while doing college,  you will figure out many more things with your start-up,  ups and downs both,  but with no degree in hand you would never have well-paying job in your chosen education stream (something to fall back on) even if the business doesn't succeed or you find that your motivation isn't there. Whatever you do give it your 100%, that way you wouldn't have to walk as loser."}
{"_id": "126777", "title": "", "text": "\"Scrap is a word which ordinarily implies any discarded or old material, for instance, steel, paper, or clean textures. It moreover portrays each not entirely obvious detail that may be seen as useless, futile, or outsider waste. As often as possible considered no a more prominent measure of usage, the thing is discarded and considered as plain piece. Be that as it may, that is slowly not the situation with rubbish cars accessible to be acquired. Some \"\"cast off\"\" cars could be yet regarded profitable of specific use magnificently. Scrap automobiles advance toward getting to be wellspring of best cash for Cars Tampa.\""}
{"_id": "126814", "title": "", "text": "I'd be a bit concerned about someone who wanted to transact that large of a transaction in cash.  Also consider what you are going to do with the funds, if you deposit it, you will need to tell the bank where it comes from. Why does the bank want to know, because most legal businesses don't transact business with large sums of currency.. What does that tell you about the likelihood the person you are about to do business with is a criminal or involved in criminal affairs?  The lower bill of sale price might be more than just to dodge taxes, it could be part of money laundering..  If they can turn right around and 'sell' the boat for $10K, or trade it in on a bigger boat for the same amount, and have a bill than says $4K, then they have just come up with a legal explanation for how they made 6 grand.  and you could potentially be considered an accomplice if someone is checking up on their finances. Really, is it worth the risk."}
{"_id": "126836", "title": "", "text": "For a non-technical investor (meaning someone who doesn't try to do all the various technical analysis things that theoretically point to specific investments or trends), having a diverse portfolio and rebalancing it periodically will typically be the best solution. For example, I might have a long-term-growth portfolio that is 40% broad stock market fund, 40% (large) industry specific market funds, and 20% bond funds.  If the market as a whole tanks, then I might end up in a situation where my funds are invested 30% market 35% industry 35% bonds.  Okay, sell those bonds (which are presumably high) and put that into the market (which is presumably low).  Now back to 40/40/20.   Then when the market goes up we may end up at 50/40/10, say, in which case we sell some of the broad market fund and buy some bond funds, back to 40/40/20.  Ultimately ending up always selling high (whatever is currently overperforming the other two) and buying low (whatever is underperforming).   Having the industry specific fund(s) means I can balance a bit between different sectors - maybe the healthcare industry takes a beating for a while, so that goes low, and I can sell some of my tech industry fund and buy that.   None of this depends on timing anything; you can rebalance maybe twice a year, not worrying about where the market is at that exact time, and definitely not targeting a correction specifically.  You just analyze your situation and adjust to make everything back in line with what you want. This isn't guaranteed to succeed (any more than any other strategy is), of course, and has some risk, particularly if you rebalance in the middle of a major correction (so you end up buying something that goes down more).  But for long-term investments, it should be fairly sound."}
{"_id": "126839", "title": "", "text": "&gt;Your arguments aren't your own, and that's what proves you don't know what you're talking about.  I took up to International Macroeconomics and Finance at the Sam Walton School of Business.  &gt;Did you know that in the Middle East for example, they do not have this banking system?  Oh, right.  The banking system in Dubai, for instance, is the hot zone of International Money laundering by criminal syndicates ranging from the Russian Mafia to Dawood's Syndicate in India.  This is because it isn't regulated and nobody gives a fuck where the money comes from.  &gt;Why? Because you're gullible, and anything that seems establishment or widely accepted, that's what you go along with.  Blow me you smug, ignorant motherfucker.  I'm done giving you an Econ 101 lesson.  Maybe when you grow up you'll be ready to learn something.  &gt;Also, we did not abandon the gold standard at Bretton Woods. SERIOUSLY WTF.  Your reading comprehension sucks ass.  Nobody said that."}
{"_id": "126846", "title": "", "text": "\"While a lot of buzzwords are abused, many of them are also very useful. \"\"Synergy\"\" is one that buzzword haters love to pile onto, but it's a powerful concept - that if a car manufacturer and a tire manufacturer decided to work together, the efforts of each would reinforce the other's.   I'm sought for my writing, and my style is virtually never criticized. I use these words, though sparingly and in the proper context.   The idea of \"\"buzzword bingo\"\" is funny to indict the speaker as someone who uses so many empty buzzwords that you could use them to play bingo, but it doesn't invalidate the words themselves.\""}
{"_id": "126852", "title": "", "text": "Work out on your own terms with fitness classes from JGFit! Cooler weather is coming, and with that brings crowded gyms, tight holiday schedules, and limited patience. It has been proven that exercise reduces stress; so stop the stress before it starts and call JGFit today."}
{"_id": "126885", "title": "", "text": "\"Yes it is possible, as long as the broker you use allows conditional orders. I use CMC Markets in Australia, and they allow free conditional orders either when initially placing a buy order or after already buying a stock. See the Place New Order box below:  Once you have selected a stock to buy, the number of shares you want to buy and at what price you can place up to 3 conditional orders. The first condition is a \"\"Place order if...\"\" conditional order. Here you can place a condition that your buy order will only be placed onto the market if that condition is met first.  Say the stock last traded at $9.80 and you only want to place your order the next day if the stock price moves above the current resistance at $10.00. So you would Place order if Price is at or above $10.00. So if the next day the price moves up to $10 or above your order will be placed onto the market. The second condition is a \"\"Stop loss\"\" conditional order. Here you place the price you want to sell at if the price drops to or past your stop loss price. It will only be placed on to the market if your buy order gets traded. So if you wanted to place your stop loss at $9.00, you would type in 9.00 in the box after \"\"If at or below ?\"\" and select if you want a limit or market order. The third condition is a \"\"Take profit\"\" conditional order. This allows you to take profits if the stock reaches a certain price. Say you wanted to take profits at 50%, that is if the price reached $15.00. So you would type in 15.00 in the box after \"\"If at or above ?\"\" and again select if you want a limit or market order. These conditional orders can all be placed at the time you enter your buy order and can be edited or deleted at any time. The broker you use may have a different process for entering conditional orders, and some brokers may have many more conditional orders than these three, so investigate what is out there and if you are confused in how to use the orders with your broker, simply ask them for a demonstration in how to use them.\""}
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{"_id": "126896", "title": "", "text": "You have paid the vendor (school?), etc, $75.75 too much, for whatever reason. They can send you back this money, or it can apply against a future bill.  This is common when I pay my credit card in full, but also have a store return. The bill can show a credit, but it will quickly get used up by new purchases."}
{"_id": "126899", "title": "", "text": "Try looking at Transferwise. They have low fees and often beat the banks. They (broadly speaking) work by finding people who need to convert money the other way round and then just push money around in the respective local currency."}
{"_id": "126909", "title": "", "text": "The average CIO I've encountered is technically incompetent to the point of not being capable of even self sufficiency with e-mail. They have never worked a day in IT in their life. They are generally an accountant or something and slashing budgets is all they know. IT is a cost centre, blah, blah, blah. They do this without being able to understand the significance of their decisions. They get their opinions from Forrester or Gartner reports they barely understand and which are often echo chambers of what other non-IT CIOs are doing, a.k.a. market trends. Add a sprinkle of whatever turds some smooth talking salesman can throw over the wall. They get bonuses for racking up technical debt under the guise of saving money. Support costs eat the savings and then some, which gets hidden under a mountain of bad bookkeeping and robbing Peter to pay Paul. An army of non-technical project managers spring up under them because of the mistaken belief that non-it people should run IT projects.  Costs rise, morale sinks, tech debt skyrockets. People who could provide significant competitive advantage instead spend their days and nights lashing increasingly fragile infrastructures together with duct tape and bailing wire. The solution is obviously labour intensive management frameworks where IT people are made to generate mountains of processes that will amount to nothing when management and the business fail to follow through on their part of the commitment, in the complete absence of any accountability. After they fuck up any advantage to in house IT then it's time to outsource to achieve big savings... for one year, then prices go up, but they already cashed that bonus check. When they've irrevocably screwed up one company then they move on to a better position, to make a bigger mess. Lather, rinse, repeat.  At least I'm not bitter."}
{"_id": "126915", "title": "", "text": "Two weeks ago I used Megabus to get from Central PA to NYC (4 hour trip).  It's cheaper, less stressful, and the WIFI did work most of the trip there and back.  It was slow at times, but good enough to get some work done &amp; surf reddit."}
{"_id": "126947", "title": "", "text": "In Canada you get parental leave. 15 weeks for the mother ( to prepare &amp; recover from birth ) and then 35 weeks that can be split between the parents at their discretion at 55% of pay. When the parental leave is done the employer is required to bring the parent back at full salary &amp; benefits"}
{"_id": "126949", "title": "", "text": "I think you are a little confused. If you have 10.000\u20ac in cash for a car, but you decide instead to invest that money and take out a loan for the car at 2,75% interest, you would have to withdraw/sell 178\u20ac each month from your investment to make your loan payment. If you made exactly 2,75% on your investment, you would be left with 0\u20ac in your investment when the loan was paid off.  If your investment did better than 2,75%, you would come out ahead, and if your investment did worse than 2,75%, you would have lost money on your decision. Having said all that, I don't recommend borrowing money to buy a car, especially if you have that amount of cash set aside for the car.  Here are some of the reasons: Sometimes people feel better about spending large amounts of money if they can pay it off over time, rather than spending it all at once.  They tell themselves that they will come out ahead with their investments, or they will be earning more later, or some other story to make themselves feel better about overspending.  If getting the loan is allowing you to spend more money on a car than you would spend if you were paying cash, then you will not come out ahead by investing; you would be better off to spend a smaller amount of money now. I don't know where you are in the world, but where I come from, you cannot get a guaranteed investment that pays 2,75%.  So there will be risk involved; if the next year is a bad one for your investment, then your investment losses combined with your withdrawals for your car payments could empty your investment before the car is paid off.  Conversely, by skipping the 2,75% loan and paying cash for your car, you have essentially made a guaranteed 2,75% on this money, comparatively speaking. I don't know what the going rate is for car loans where you are, but often car dealers will give you a low loan rate in exchange for a higher sales price.  As a result, you might think that you can easily invest and beat the loan rate, but it is a false comparison because you overpaid for the car."}
{"_id": "126965", "title": "", "text": "The calculations you suggest have some issues, but I think they are not necessary to answer the question: It sounds like you are buying the house either way. So the question really is simply whether to pay toward your house first or your loan first.  In that case, the answer is simple: pay whichever has the highest interest rate first.  Make the minimum payment on the other until the first is paid off.  Remember this and make it your mantra for the rest of your life.  If you have any debts (such as credit cards) that charge a rate higher than the two options you have presented, do them first. Now, be careful as you compute the interest rates.  Most likely you can deduct interest on your mortgage, so its effective interest rate is lower [it is (1-T)*R instead of R, where T is your marginal tax rate]. For a while, the cost of mortgage insurance will make your effective mortgage rate artificially high, but it sounds like you intend to get to that 20% hurdle pretty fast, so my guess is that this is not a big factor. Congratulations on your bonus and good luck with your new home."}
{"_id": "126969", "title": "", "text": "Hear that cackling off in the distance?  That's Delta laughing their asses off and eating AA's lunch. Delta's not a demonstrably superior airline, normally, but they now have more destinations, fewer delayed/cancelled flights, and, uh, none of the cluster**** issues AA is dealing with now.  I'm a platinum business traveler, and Delta matched my status and then some to steal me away a while back. Pretty much the same story with all the other frequent biz travelers I know."}
{"_id": "126986", "title": "", "text": "They have these in Utah as well. I see 90% of people skipping them an going to the workers at the counter. I tried several times to order form these, half the food wasn't on the list, and you couldn't customize it."}
{"_id": "127004", "title": "", "text": "\"I doubt it. In the States you would only owe tax if you sold such an item at a profit. \"\"garage sales\"\" aren't taxable as they are nearly always common household items and sale is  more about clearing out one's attic/garage than about profit. Keep in mind, if I pay for a book, and immediately sell it for the same price, there's no tax due, why would tax be due if I sell for a loss?\""}
{"_id": "127009", "title": "", "text": "Fuck managerial accounting to death. Anywho, I'm not sure what they mean by the variance being higher or lower in the budget. Variance in principle is the discrepancy from a budget and actual.   I'll try to answer this from what I can see.    The budget variance in this problem is unfavorable for Busy Community Support, mostly caused by a significant underestimating of your salaries expense in the budget."}
{"_id": "127012", "title": "", "text": "Like in the US, more flexibility is extended to hidden orders. Australia has taken an aggressive approach to hidden orders in the direction of lower ticks. Aussies have a rich financial that evolved differently than the Dutch custom more familiarly known in the UK and US. They, like Chicago evolved out of commodities trade rather than trade.  When commodities are worth nearly nothing per unit, larger precision comes naturally. For the Dutch, it was the opposite.  A single ship would trade in 1/64 share or for the largest vessels, 1/128 share.  Here, there's no point to high precision.  New York, founded by the Dutch specialized in logistics just the same.   To a man with a hammer, everything looks like a nail, so both Chicago, Australia, and other financial systems built by commodities rather than trade have extended the higher precision logic to everything else, and pricing is fantastic. It should not be a surprise why Australia has taken a lead in pushing infinite precision."}
{"_id": "127015", "title": "", "text": "There are several reasons why this may happen and I will update as I get more information from you. Volumes on that stock look low (supposing that they are either in a factor between 1s and 1000s) so it could well be that there was no volume on that day. If no trades occur then open, high and low are meaningless as they are statistics based on trades that occur that day and no trades occur. Remember that there has to be volume to get a price. The stock may have been frozen by either the exchange or the company for the day. This could be for various reasons including to prevent some illegal activity. In that case no trades were made because the market for that stock was closed. Another possibility is that all trades that day were cancelled by the exchange. The exchange may cancel all trades if there is unusual, potentially fraudulent or other illegal activity on the stock. In this case the last price for that day existed but was rolled back by the exchange and never occurred. This is a rare situation. Although I can't find any holidays on that date it is possible that this is how your data provider marks market holidays. It would be valid to ignore the data in that case as being from a non-market day. I cannot tell if this is possible without knowing exchange information. There is a possibility that some data providers don't receive data for a day or that it gets corrupted. It may be worth checking another source to ensure the integrity of the data that you are receiving. Whichever reason is true, the data provider has made the close equal to the previous day's close as no price movements occurred. Strictly the closing price is the price of the last trade made for that day and so should be null (and open, high and low should be null too and not 0 otherwise the price change on day is very large!). Therefore, to keep integrity, you have a few choices:"}
{"_id": "127021", "title": "", "text": "&gt; How do you feel about those English majors in community college?    If it is free, or very cheap then it can be really great for those that love learning.        Nothing wrong with majoring in English at community college, no different from spending time learning about Fantasy Football, or going to history re-enactments.      Just don't kid yourself it will make you more employable.  It is a hobby, and just as valuable as any other hobby."}
{"_id": "127025", "title": "", "text": "I only see Boston working outside of the city. But in that case Los Angeles would include Orange County and cities like Irvine.  It really depends on what they're looking for. Proximity away from current HQ. Proximity to Customers. Infrastructure for internet, driverless cars or drones. Workforce. Etc.  Without knowing their priorities we can only guess based on what we assume they need and want."}
{"_id": "127051", "title": "", "text": "\"I find it hard to believe that cities like NYC or DC lack the regulation needed to \"\"stop\"\" service refusals. I've been turned down multiple times in DC based on location (DC to Arlington usually but not exclusively). The locals actually had a habit of not disclosing where they were going until they got inside the cab because the cabs so often refuse to serve certain areas.  That's not a problem with Lyft. The driver sees the destination requested right there and can choose to pickup. Even if they actually wanted to refuse service for a customer, the customer has the ability to rate them which can lower their rating below the 4.5-4.75/ out of 5 rating needed to continue driving and will be completely refunded and taken care of by Lyft if a complaint is sent.\""}
{"_id": "127055", "title": "", "text": "\"Sounds fishy. If you're not sure what the job is, that's always a big red flag. The rep from the company should always provide a clear, bullshit-free job description.  \"\"basically a sales job\"\" = red flag for \"\"mindless labor camp that they just need warm bodies for\"\"  'opportunity to \"\"make a lot of money\"\"' = red flag for **not** an opportunity to make a lot of money\""}
{"_id": "127057", "title": "", "text": "\"In economics, the term \"\"middle class\"\" refers to the middle 50% of incomes, excluding the bottom 25% and top 25%.   The bottom edge of middle class is currently a household income of $22,500 per year in the US.  That's poor.   Middle class and poverty are not mutually exclusive.  They used to be, but they aren't anymore.   Also, quoting a source talking about extreme poverty, and absolute poverty in a discussion of poverty implies you don't understand the difference.    Stop pretending that just because a bunch of people in china now aren't starving to death the world's economies are ok.  They aren't.  They're broken, and getting more so all the time.  Our rapid technological progress has masked the effects, but economic collapse is becoming more widespread, and change will be needed to eliminate the problem.  If you need an example of what's fundamentally wrong, look at Greece.  Nobody has a plan to fix their economic trouble.  They just keep kicking the can forward hoping the problem will go away as it worsens.\""}
{"_id": "127074", "title": "", "text": "In today's low interest environment capital is cheap and relatively easy to come by. If a business has an idea for expansion it should be easy enough to get a business loan and have enough ROI that the interest is not a huge cost.   There are many more ways to pay for business growth than cutting taxes"}
{"_id": "127082", "title": "", "text": "Actually, bond prices are technically high right now, so if and when rates theoretically go up in the future, bond prices will fall. The past 25 years for bonds have been great with falling interest rates, but it's not likely going to continue with rates not able to go any lower."}
{"_id": "127086", "title": "", "text": "This is probably exactly how this type of thing developed in the first place!   It's a relatively recent (last 30-40 years) accounting concept and was only really developed because, like you said, someone somewhere said, wait a minute let's break this down economically. Also, the larger the company, and more divisions, more parts, more countries, varying tax codes, etc. the exponentially more complex this stuff gets.  One example that comes to mind: Verizon's back haul division operates at a huge loss because they charge so little to the cell division for line usage. The cell division makes 100% of the companies profits (although Vonage is technically a 40% minority shareholder which really complicates things) because it's costs are so low. If Verizon spun off the back haul division; however, the cell division would make a lot less.   Most likely Verizon wants to lose money on back haul operations as it gives them political leverage (pipes are full, we need subsidies). Just thought you might find it interesting!"}
{"_id": "127099", "title": "", "text": "No they invest in growth so immensely that they eat up all their profits. When you hear about Amazon buying their own planes and starting their own delivery and drones and buying Whole Foods, etc. All of those things cost money. Money that Amazon is making. But they are spending almost all of it. Therefore showing little profit. For years investors didn\u2019t understand Bezos style and they expected earlier returns and year after year he didn\u2019t deliver But year after year the company grew and so did its revenue. Not a ton has changed although they are more profitable today for sure."}
{"_id": "127129", "title": "", "text": "As a lifetime car/driving/racing enthusiast:  The modern driving experience is such shit. Traffic is terrible everywhere you go. There is constant road construction. Our crumbling infrastructure ruins suspensions once you actually manage to break out of traffic and build some speed. For pleasure cruising you get beat to death and tar/paint/road debris ruin your cars finish.  Assuming you find a nice stretch of pavement that has been maintained since the Eisenhower administration with no traffic, there are overly aggressive speed cameras in place, or some dickhead with a badge out to make a quota.  I got a speeding ticket last year for 3 over. 3 fucking MPH over, and it cost me almost $200.  TL;DR: Cars are awesome. Driving anymore is no fun."}
{"_id": "127132", "title": "", "text": "No, it isn't. The idea that you need a college degree for most professions is ludicrous. Despite having years of professional experience in a field, employers require costly degrees that possess little relevance to the skills required to perform the job.  Specialized, scientific oriented, degrees are reasonable for very specific fields. But degrees should not be used as a bar to entry or advancement by employers as it is now."}
{"_id": "127134", "title": "", "text": "If the time horizon is 5 years, I don't think that playing games with Roth IRAs or investments is really productive. I'd look at an online savings account as a holding place for this money. EDIT:  Another option is the US is Savings Bonds. The rates earned right now are poor (as of 04/2011 EE bonds earn 0.6% and I bonds yielded 0.37%), and there is an interest penalty if you redeem them in less than five years. But, they are not state taxable, and you can defer tax payments until you cash them."}
{"_id": "127144", "title": "", "text": "I love working for a CU.  Our CRO revels in articles like this.   He will post them and tell us this is why we do what we do.  We would rather be financial physicians.   Our job is heal financial worries and get people on the right path.  I have seen our lenders convince folks to not take a loan best that is truly in their best interest.  I have seen our investment group tell folks that their investment goals and personal goal don't line up and honestly they should wait. We also do crazy stuff like identifying folks who live in the flood zones and offer them 90 day loan deferment with no fees.  That and a care loan for repairs.  It's an insanely low interest loan (2%)  to help folks get their repairs done.    We also lowered our credit requirements for that to where just about every who needs it qualifies.    It's also hard to get fired.  If you don't hit your sales goal it's ok.  You will not lose your job.  Yes we are encouraged to meet our goals with incentives but we pretty much get paid something no matter what you do.    Pretty much the only way to get fired is to pull a Wells Fargo.  If you do something like that your ass is not only fired, the CRO will personally come down and will kick you out the door.  Hell, I wouldn't be surprised if if he then tied you to his car and dragged you down the street.    And you know what, it's working.  We are repeatedly breaking every record we set for ourselves.  Record loans, record deposits, record account openings.  And you better believe that is heavily audit internally and externally.   We actually hire auditors to make sure this crap doesn't even start.    TLDR; Wells Fargo is the devil.   Credit Unions Rule!!!!!"}
{"_id": "127160", "title": "", "text": "The best thing to do is not worry about what time is best to buy but put in a conditional order before the market opens. If your conditions are met during the trading day your order will go through and you will buy the shares. This keeps your emotions out of your trading and will stop you from either chasing the market or buying when you consider the wrong time. As you have already done your analysis and made your decision before market open, thus you should place your conditional orders and stop losses before market opens as well."}
{"_id": "127165", "title": "", "text": "If I was bank, I certainly wouldn't give a **30 year** mortgage to a **57 year old** with a property which is worth less than the mortgage!  And I don't see why a bank should.  I get that it sucks for him to have a 6.35% interest mortgage, but that situation sucks for the bank as well.  I wouldn't offer a lower interest to someone in that sort of situation."}
{"_id": "127169", "title": "", "text": "I would bet that Uber is bought out or goes public before it fails (failing is the only scenario in which Kalanick gets nothing). They're not going to turn a profit anytime soon which means there will be pressure to return value to investors and there will be a need to raise additional capital somehow. Kalanick is going to have an opportunity to cash out billions when that happens."}
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{"_id": "127176", "title": "", "text": "What are the misconceptions?  And why do you feel the hate is undeserved?  From what I've seen, most people have a pretty accurate impression of what these places are trying to do.  It's a business that tries to skirt the edges of gambling laws while still letting people feel like they're gambling.  Which pisses people off on two fronts - it brings gambling to places they don't think it should be, and it's a often a transparent attempt to get around following the rules.  Both of which are pretty reasonable things to be annoyed by."}
{"_id": "127185", "title": "", "text": "My concern is that just moving the balance will make you feel like you've accomplished something, when you really haven't.  Sure you'll save on interest but that just reduces the rate at which you're bleeding and doesn't heal the wound.  It's entirely likely that you'll feel freed by the reduced balance on the original card, ignore the transferred balance since you aren't paying any interest on it, and soon you'll have two cards that are maxed out. I would instead look at getting your expenses under control. Make sure you have the start of an emergency fund - 1-2k depending on your family situation. If you are single start with 1k; if you have kids bump it up to 2k or maybe a little more just to avoid charging any expenses. Get on a written budget, and don't spend any money in the next month that is not accounted for.  Then you can figure out how much you can afford to put towards the credit card.  That will also tell you how much interest you're going to pay.   The only way I would recommend the balance transfer is if the interest savings (after the balance transfer fee) reduced the time it takes to pay off the card by two or more months (since one month isn't going to make a big difference interest-wise), and you immediately cancelled the original card, and cut up both cards (including the new one), making payments by mail or online.  Other than that, the interest saved after the balance transfer fee probably isn't worth the risk of being in a worse situation on the other side."}
{"_id": "127188", "title": "", "text": "Yes!  This has bothered me for years because it's really obvious on the level of small businesses.  Any material/service cost goes up- ugh fine I guess we have to pay to stay in business.....          Can't find anyone to break their backs for $9/hr?  They'll do literally anything rather than pay more.  They will fuck up their business for years trying to find a way to pay the same labor costs."}
{"_id": "127195", "title": "", "text": "The problem,I imagine, is finding humane people who want to kill 1,000 turkeys an hour.  I'm sure some laborers abuse heads of lettuce but it doesn't make the news.  Personally I think the only answer is to eat a lot less meat."}
{"_id": "127215", "title": "", "text": "Nope sorry guest you are wrong.  how can salary and an expense be on the same side of the ledger? Salary                    2000 Personal bank      2000  Phone expenses       30 Personal bank             30"}
{"_id": "127216", "title": "", "text": "Beth Schiffer\u2018s labs offers geclee prints in NYC with the best results. Using state-of-the-art technology like the highest caliber technical operation, equipment and support personnel, we ensure high quality prints. You can choose from a wide range of formats and printing styles. We offer highly affordable geclee printing in NYC. Get the best fine arts pigment prints and finishing for all kinds of photographic printing needs."}
{"_id": "127227", "title": "", "text": "&gt; And for a brand new company, you can sure as shit guarantee that as an owner, you'll be held personally liable.  You are personally liable for any debt you personally sign off on yes. But you are not personally responsible for more than that debt. So if you take a 30 thousand dollar loan to start your business, your company hasn't been profitable and lost 20 thousand and your employees sue the company for 25 thousand. The company has 10 thousand to pay that with. The owner is still liable to pay the lender the 30 thousand, but has no obligation to the employees of the 25 thousand they are suing for."}
{"_id": "127263", "title": "", "text": "The article links to William Bernstein\u2019s plan that he outlined for Business Insider, which says: Modelling this investment strategy Picking three funds from Google and running some numbers. The international stock index only goes back to April 29th 1996, so a run of 21 years was modelled.  Based on 15% of a salary of $550 per month with various annual raises: Broadly speaking, this investment doubles the value of the contributions over two decades. Note:  Rebalancing fees are not included in the simulation. Below is the code used to run the simulation.  If you have Mathematica you can try with different funds.    Notice above how the bond index (VBMFX) preserves value during the 2008 crash.  This illustrates the rationale for diversifying across different fund types."}
{"_id": "127267", "title": "", "text": "It doesn't matter if he is Russian....  Putin is not trying to be a Stalin.  The west has been holding Russia back since the days of the Czars, Russia will never conform to the ways of the west so this angers the Western trading blocs like the EU, America, Japan now etc....  Putin is not a dictator when he has more support from his people than Obama does of his.  What Obama does have is the support of the rich however, which Putin does not.  The sanctions being placed on Russia are targeted to effect the richest Russians with hopes they will overthrow Putin themselves.  They are losing more money with every sanction placed, where the lower class Russians do not feel the sting of the sanctions as much as the rich so they continue to support their President.  the USA seems more like a dictatorship these days than does Russia.  Our government has gone to a Monarchial system lately where Congress is being bypassed completely simply because the President wants to take action.  Our government cannot get anything done, so corporations that were founded in the USA are leaving at an astounding rate to save money on taxes..  Putin does not feel that Russia is the only country in the world when he does a huge deal with China and Iran.  Obviously he knows that he has to have allies and since the West has alienated Russia thoughout history, they have to turn to China.  Also you have the BRICS bank, which will be a huge hit to the Western superiority that has existed for centuries.  I don't care if he is Russian, Putin's actions contradict what he is saying.  He is only alienating the traditional western powers while aggressively working with BRICS countries, Iran and many others."}
{"_id": "127268", "title": "", "text": "The prices seem very low even considering the risk? The prices are low because of the risk. Nothing happens to the banks if the sovereign defaults. However, the sovereign debt holders - lose some or all the money they lent to that sovereign. Incidentally, many banks invest in the treasury bonds of various countries, especially those they're located in. They also invest in other companies that rely on the government, or the currency. If that dependency is too high - the bank may fail. If the dependency is not high, or non-existent - the bank will survive. If the bank fails - yes, your shares will be wiped out, that's what happens with bankrupt companies. If you considering investing in banks in a country that you think may default - research them and see how much investments they have that will be affected by that default."}
{"_id": "127311", "title": "", "text": "The overall % decrease in imports won't be enormous but that ignores the nature of food as a tradeable good. Food behaves as a fungible good in the short term (1-2 years). There is a minimum time needed for maturation of crops and livestock. There's also very little slack in the supply chain, adding significant ramp-up/construction time.   Russia's partners can't just snap their fingers and produce 10-20% more food, they'll likely export a larger amount of their domestic production and make up the gap with the excess supply from the EU and US markets. If Putin can keep things together through this interim period of scarcity and inflation then he'll be fine but it won't be smooth sailing."}
{"_id": "127316", "title": "", "text": "The issue for you seems to be the sequence of events. Presumably, there will be a gain in the fund. In one year, you have a fund worth $100,000 and the $8500 your netted from the $10,000 dividend. (Dividends are taxed at 15% for most of us. If your taxable income is under $38K single, it's $0) An $8500 net return for the year. Now, if there were no initial dividend, and at the end of a full year, your $100K grew to $110K, and then gave you the $10K dividend, you might not be so unhappy. Even on day 2, you now have a fund worth $90K with a basis of $100K, and the promise of future dividends or cap gains. When you sell, the first $10K of gain from this point will effectively be tax free due to this quick drop.  To directly answer the last few sentences, dividends and cap gains are different. And different still, for the way a fund processes them."}
{"_id": "127326", "title": "", "text": "\"There's a very important sentence in that article:   &gt; \"\" Forstall is abrasive and disliked by a number of others at his level inside Apple \u2014 people like head designer Jony Ive, who allegedly refused to take meetings in the same room as him.\"\"  Jon Ive is a very important person at Apple:  http://en.wikipedia.org/wiki/Jonathan_Ive  &gt; \"\"He is the lead designer of many of Apple's products, including the MacBook Pro, iMac, MacBook Air, iPod, iPod touch, iPhone, iPad and iPad mini\"\"\""}
{"_id": "127339", "title": "", "text": "Your friend is investing time & money in a business that does not list an address or phone number on its website, not even in its 'press kit'. Even when they make a press release about moving into a new building, it does not list the address or even the street! C'mon, this is obviously a scam.  No real business acts like this."}
{"_id": "127347", "title": "", "text": "From your comment: My salary through 7/31 could pass for an annual salary for the   industry. I suppose that\u2019s relevant? That information would certainly be relevant if you were the owner since the beginning of the year. If that were the case then I would say you'd be fine skipping the salary for the rest of the year. It would be equivalent to simply front-loading your salary. However, since you didn't own any part of the company during the time you received the salary, I believe you should think of that salary as if it came from an entirely different company. This means that during the 5 months you owned the company you will have taken $0 in salary, and I believe that would not be reasonable if this job is your main source of income. As a side note, regarding this statement you made: During this time, I'd like to avoid the employer half of FICA taxes incurred by paying myself through payroll. You'd actually be avoiding both the employer and employee portion of FICA, since both sides of FICA are paid for employee compensation. FICA is not paid by either side on company profits."}
{"_id": "127353", "title": "", "text": "The very first time I bought a new car I wrote out a personal check for $5000 (this was a looong time ago!).  And got a call from the sales person that he had called the bank and was told that I did not have that much money in my checking account!  I explained that I had just that day transferred money from savings to checking.  The sales person accepted that and there was never a problem after that."}
{"_id": "127359", "title": "", "text": "They didn't have more **going into** the war. I would be really surprised if they didn't have more relatively short term debt as they were **in the midst of a global freaking conflict**, man.  Well I'll be damned, we both want the same thing. I just don't want to open the unlimited money taps without carefully considering how long we can leave them open  Edit: If you're deciding whether or not to spend a crap ton of money you don't have, it helps if you haven't already spent a crap ton of money you don't have"}
{"_id": "127369", "title": "", "text": "\"The short answer is \"\"No\"\". There a 2 ways to get cash from a life insurance policy.  If the policy has cash value greater than the surrender value, then the difference can be borrowed, but will generally increase premiums in the future.   The other method, available on many term policies allows the owner to receive part of the death benefit if the insured has a physician willing to certify that he/she will probably pass away within a 12 month period.  Several carriers also offer cash benefits for critical care.\""}
{"_id": "127382", "title": "", "text": "My spouse and I have our non-retirement savings in the following mental categories while house shopping: You will absolutely need 1.  I highly recommend 4 & 2.  3 is a personal choice."}
{"_id": "127396", "title": "", "text": "When corporations have as much impact and power over our lives as a government should we really just let them walk over our civil rights? If I can't get a credit card because of my political ideology how am I supposed to function? How am I supposed to build credit, get a lot an, or buy a house? At what point do I have to give up my life, liberty, and pursuit of happyness because a private corporation has effectively banished me from society? Governments shouldn't be able to oppress and neither should corporations."}
{"_id": "127401", "title": "", "text": "You are right about the stock and index funds, with dollar cost averaging over several years, the daily price of the security (especially a dividend paying security) will not matter* because your position will have accumulated larger over several entry points, some entries with cheaper shares and some entries with more expensive shares. In the future your position will be so large that any uptick will net you large gains on your original equity. *not matter being a reference to even extreme forms of volatility. But if you had all your equity in a poor company and tanked, never to rise again, then you would still be in a losing position even with dollar cost averaging. If your only other holdings are bonds, then you MAY want to sell those to free up capital."}
{"_id": "127434", "title": "", "text": "You\u2019ve really got three or four questions going here\u2026 and it\u2019s clear that a gap in understanding one component of how bonds work (pricing) is having a ripple effect across the other facets of your question. The reality is that everybody\u2019s answers so far touch on various pieces of your general question, but maybe I can help by integrating. So, let\u2019s start by nailing down what your actual questions are:  1. Why do mortgage rates (tend to) increase when the published treasury bond rate increases? I\u2019m going to come back to this, because it requires a lot of building blocks. 2. What\u2019s the math behind a bond yield increasing (price falling?)  This gets complicated, fast. Especially when you start talking about selling the bond in the middle of its time period. Many people that trade in bonds use financial calculators, Excel, or pre-calculated tables to simplify or even just approximate the value of a bond. But here\u2019s a simple example that shows the math.  Let\u2019s say we\u2019ve got a bond that is issued by\u2026 Dell for $10,000. The company will pay it back in 5 years, and it is offering an 8% rate. Interest payments will only be paid annually. Remember that the amount Dell has promised to pay in interest is fixed for the life of the bond, and is called the \u2018coupon\u2019 rate. We can think about the way the payouts will be paid in the following table:   As I\u2019m sure you know, the value of a bond (its yield) comes from two sources: the interest payments, and the return of the principal. But, if you as an investor paid $14,000 for this bond, you would usually be wrong. You need to \u2018discount\u2019 those amounts to take into account the \u2018time value of money\u2019. This is why when you are dealing in bonds it is important to know the \u2018coupon rate\u2019 (what is Dell paying each period?). But it is also important to know your sellers\u2019/buyers\u2019 own personal discount rates. This will vary from person to person and institution to institution, but it is what actually sets the PRICE you would buy this bond for.  There are three general cases for the discount rate (or the MARKET rate). First, where the market rate == the coupon rate. This is known as \u201cpar\u201d in bond parlance. Second, where the market rate < the coupon rate. This is known as \u201cpremium\u201d in bond parlance. Third, where the market rate > coupon rate. This is known as a \u2018discount\u2019 bond.  But before we get into those in too much depth, how does discounting work? The idea behind discounting is that you need to account for the idea that a dollar today is not worth the same as a dollar tomorrow. (It\u2019s usually worth \u2018more\u2019 tomorrow.) You discount a lump sum, like the return of the principal, differently than you do a series of equal cash flows, like the stream of $800 interest payments. The formula for discounting a lump sum is:  Present Value=Future Value* (1/(1+interest rate))^((# of periods)) The formula for discounting a stream of equal payments is:  Present Value=(Single Payment)* (\u30161-(1+i)\u3017^((-n))/i) (i = interest rate and n = number of periods) **cite investopedia So let\u2019s look at how this would look in pricing the pretend Dell bond as a par bond. First, we discount the return of the $10,000 principal as (10,000 * (1 / 1.08)^5). That equals $6,807.82.  Next we discount the 5 equal payments of $800 as (800* (3.9902)). I just plugged and chugged but you can do that yourself. That equals $3,192.18. You may get slightly different numbers with rounding.  So you add the two together, and it says that you would be willing to pay ($6,807.82 + $3,192.18) = $10,000. Surprise! When the bond is a par bond you\u2019re basically being compensated for the time value of money with the interest payments. You purchase the bond at the \u2018face value\u2019, which is the principal that will be returned at the end.  If you worked through the math for a 6% discount rate on an 8% coupon bond, you would see that it\u2019s \u201cpremium\u201d, because you would pay more than the principal that is returned to obtain the bond [10,842.87 vs 10,000]. Similarly, if you work through the math for a 10% discount rate on an 8% coupon bond, it\u2019s a \u2018discount\u2019 bond because you will pay less than the principal that is returned for the bond [9,241.84 vs 10,000].  It\u2019s easy to see how an investor could hold our imaginary Dell bond for one year, collect the first interest payment, and then sell the bond on to another investor. The mechanics of the calculations are the same, except that one less interest payment is available, and the principal will be returned one year sooner\u2026 so N=4 in both formulae.  Still with me? Now that we\u2019re on the same page about how a bond is priced, we can talk about \u201cYield To Maturity\u201d, which is at the heart of your main question.  Bond \u201cyields\u201d like the ones you can access on CNBC or Yahoo!Finance or wherever you may be looking are actually taking the reverse approach to this. In these cases the prices are \u2018fixed\u2019 in that the sellers have listed the bonds for sale, and specified the price. Since the coupon values are fixed already by whatever organization issued the bond, the rate of return can be imputed from those values.  To do that, you just do a bit of algebra and swap \u201cpresent value\u201d and \u201cfuture value\u201d in our two equations.  Let\u2019s say that Dell has gone private, had an awesome year, and figured out how to make robot unicorns that do wonderful things for all mankind. You decide that now would be a great time to sell your bond after holding it for one year\u2026 and collecting that $800 interest payment. You think you\u2019d like to sell it for $10,500. (Since the principal return is fixed (+10,000); the number of periods is fixed (4); and the interest payments are fixed ($800); but you\u2019ve changed the price... something else has to adjust and that is the discount rate.) It\u2019s kind of tricky to actually use those equations to solve for this by hand\u2026 you end up with two equations\u2026 one unknown, and set them equal. So, the easiest way to solve for this rate is actually in Excel, using the function =RATE(NPER, PMT, PV, FV). NPER = 4, PMT = 800, PV=-10500, and FV=10000. Hint to make sure that you catch the minus sign in front of the present value\u2026 buyer pays now for the positive return of 10,000 in the future.  That shows 6.54% as the effective discount rate (or rate of return) for the investor. That is the same thing as the yield to maturity. It specifies the return that a bond investor would see if he or she purchased the bond today and held it to maturity.  3. What factors (in terms of supply and demand) drive changes in the bond market? I hope it\u2019s clear now how the tradeoff works between yields going UP when prices go DOWN, and vice versa. It happens because the COUPON rate, the number of periods, and the return of principal for a bond are fixed. So when someone sells a bond in the middle of its term, the only things that can change are the price and corresponding yield/discount rate.  Other commenters\u2026 including you\u2026 have touched on some of the reasons why the prices go up and down. Generally speaking, it\u2019s because of the basics of supply and demand\u2026 higher level of bonds for sale to be purchased by same level of demand will mean prices go down. But it\u2019s not \u2018just because interest rates are going up and down\u2019. It has a lot more to do with the expectations for 1) risk, 2) return and 3) future inflation. Sometimes it is action by the Fed, as Joe Taxpayer has pointed out. If they sell a lot of bonds, then the basics of higher supply for a set level of demand imply that the prices should go down. Prices going down on a bond imply that yields will go up. (I really hope that\u2019s clear by now). This is a common monetary lever that the government uses to \u2018remove money\u2019 from the system, in that they receive payments from an investor up front when the investor buys the bond from the Fed, and then the Fed gradually return that cash back into the system over time.  Sometimes it is due to uncertainty about the future. If investors at large believe that inflation is coming, then bonds become a less attractive investment, as the dollars received for future payments will be less valuable. This could lead to a sell-off in the bond markets, because investors want to cash out their bonds and transfer that capital to something that will preserve their value under inflation. Here again an increase in supply of bonds for sale will lead to decreased prices and higher yields.  At the end of the day it is really hard to predict exactly which direction bond markets will be moving, and more importantly WHY. If you figure it out, move to New York or Chicago or London and work as a trader in the bond markets. You\u2019ll make a killing, and if you\u2019d like I will be glad to drive your cars for you.  4. How does the availability of money supply for banks drive changes in other lending rates?  When any investment organization forms, it builds its portfolio to try to deliver a set return at the lowest risk possible. As a corollary to that, it tries to deliver the maximum return possible for a given level of risk.  When we\u2019re talking about a bank, DumbCoder\u2019s answer is dead on. Banks have various options to choose from, and a 10-year T-bond is broadly seen as one of the least risky investments. Thus, it is a benchmark for other investments.  5. So\u2026 now, why do mortgage rates tend to increase when the published treasury bond yield rate increases? The traditional, residential 30-year mortgage is VERY similar to a bond investment. There is a long-term investment horizon, with fixed cash payments over the term of the note. But the principal is returned incrementally during the life of the loan.  So, since mortgages are \u2018more risky\u2019 than the 10-year treasury bond, they will carry a certain premium that is tied to how much more risky an individual is as a borrower than the US government.  And here it is\u2026 no one actually directly changes the interest rate on 10-year treasuries. Not even the Fed. The Fed sets a price constraint that it will sell bonds at during its periodic auctions. Buyers bid for those, and the resulting prices imply the yield rate. If the yield rate for current 10-year bonds increases, then banks take it as a sign that everyone in the investment community sees some sign of increased risk in the future. This might be from inflation. This might be from uncertain economic performance. But whatever it is, they operate with some rule of thumb that their 30-year mortgage rate for excellent credit borrowers will be the 10-year plus 1.5% or something. And they publish their rates."}
{"_id": "127452", "title": "", "text": "\"Why would there not be a bid and ask?  Dealers make their money in the spread between what they buy it from one entity for and what they sell it to another entity for.  This doesn't mean they have to do it auction-style, but they'll still have a different buy price from a sell price, hence \"\"bid\"\" and \"\"ask\"\".\""}
{"_id": "127454", "title": "", "text": "While this trade show was held a few months back in May of 2015 in Baltimore, Maryland, engineers from various aircraft manufacturers paid us a visit to get samples of our MicroGrid\u00ae thin expanded metal foils for upcoming programs that they are working on. For more information email us at sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website www.dexmet.com."}
{"_id": "127459", "title": "", "text": "Capital circulation doesn't work in the model of everyone producing products they can all already produce independently, and the money going to raw material and 3D printer inputs are a fixed cost to all construction, which outside of asteroid mining has limitations.    The Economy needs a stable cycle for capital, the challenge with this automation is that the requirement for capital circulation appears vulnerable to instability."}
{"_id": "127461", "title": "", "text": "I walked away from a house last year and don't regret it a single bit.  I owed $545,000 and the bank sold it a month after moving out for $328,900.  So technically I guess I can be on the  hook to someone for the missing $216,100 for many years to come.  Oh well.  They can come after me if they want and I'll declare bankruptcy then."}
{"_id": "127462", "title": "", "text": "Speaking from personal experience, I have a real hard time dealing with nonlogical / emotional people in the work place.  It's not that I lack the skills, its that it causes my head to hurt. I would never walk out of a meeting but I definitely ask for people to shield me / try to push for structured communication."}
{"_id": "127483", "title": "", "text": "\"And then for them not to have to disclose the ammonia as an ingredient because the addition of ammonia is considered a \"\"part of the process\"\", not an ingredient, and therefore they don't need to list it as an ingredient, even though some batches were returned to the vendor because of the strong ammonia smell left in those batches, which they can't always get completely rid off.\""}
{"_id": "127487", "title": "", "text": "There is no difference between more shares of a relatively cheaper stock and less shares of a relatively more expensive stock. When you invest in a stock, the percentage increase (or decrease) in the share price results in gains (or losses). This is a fundamental concept of investing. Your question suggests that you would benefit from further research before investing your money. Trading real dollars can be difficult without a strong understanding of the principles involved. Investing your money without a good knowledge base will likely be stressful and could have a discouraging effect if it doesn't go well. Before you open an investment account, read up on investing fundamentals, particularly mutual funds as those can be a great place to start as a new investor. There are many sources of information including books, websites such as http://investor.gov/investing-basics and this website. Don't skip the sections on taxes, as those matter just as much and sometimes more than the simple buying and selling. You might look at tax advantaged accounts, such as 401k's, IRA's, etc.  It shouldn't take long but it will be one of the most important things you do as a beginning investor. Everyone has to start here. Understanding the vocabulary and concepts will likely save you time and money throughout your investing life."}
{"_id": "127527", "title": "", "text": "Some good answers already, but let me add a TL:DR version. Brokers work like a special type of bank account where you can deposit or withdraw money. The major difference is that they also give you the ability to buy/sell investments with the money in your account which you can do by either calling them or using their website. Important: Many investments you will make through a broker(e.g. stocks) are not insured against losing value like the money in your bank account."}
{"_id": "127559", "title": "", "text": "\"Why? Because they can get away with it, of course. In short - why not? You may want to read the answers to this similar question (my answer is the one accepted by the OP). Who has the money? The banks, who else. I have found that some banks are capable of sending/receiving ACH transfers faster than others. I have accounts in two banks, lets call them A and B. If I send money (push) from A to B, it may take several days. But if I decide to pull the money from A to B by originating the transaction through my account at B - the money arrives the next day! So the actual transfer only takes a night, one business day. Its just the direction that matters - if the bank has to give the money out, it will do all it can (including taking 2-3 days for \"\"processing\"\") to keep the money as long as possible. But when another bank charges them - they have no choice but to pay. By the way, bank B behaves better - when I send the money from my account at B, it arrives to A the next day as well. Try a similar experiment. Instead of originating the transaction at the sender bank - try to originate it at the receiver bank, see how long it takes then for the money to appear on your account after it disappeared from the other one.\""}
{"_id": "127563", "title": "", "text": "Most important things can be accessed from steering wheel controls too, and I found the climate really easy to hit on the screen.  Navigation not so much, but that is harder to do with knobs anyway.  For music, it is all steering wheel knobs for me."}
{"_id": "127566", "title": "", "text": "Probably the easiest way for individual investors is oil ETFs.  In particular, USO seems to be fairly liquid and available.  You should check carefully the bid/ask spreads in this volatile time.  There are other oil ETFs and leveraged and inverse oil ETFs exist as well, but one should heed the warnings about leveraged ETFs. Oil futures are another possibility though they can be more complicated and tough to access for an individual investor.  Note that futures have a drift associated with them as well.  Be careful close or roll any positions before delivery, of course, unless you have a need for a bunch of actual barrels of oil. Finally, you can consider investing in commodities ETFs or Energy stocks or stock ETFs that are strongly related to the price of oil.  As Keshlam mentions, care is advised in all these methods.  Many people thought oil reached its bottom a few weeks back then OPEC decided to do nothing and the price dropped even further."}
{"_id": "127576", "title": "", "text": "\"I don't think it is irrelevant.  If everyone is better off working together why not work together?    I mean, how can you expect to say something like \"\"sure, you'll be paying more for YOUR roads, but at least you won't be paying for other people's roads.\"\"    If you can come up with even some rough estimates that show we'd be better off, but it sounds like you know we won't be better off, but want it anyway, just because you don't want other people to get a better deal than you.  I mean, that *really* doesn't sound like a better society than what we have now.\""}
{"_id": "127577", "title": "", "text": "\"&gt;You also have to plan around finding chargers.  How is that different from planning around gas stations?  Tesla has the superchargers all along freeways for long trips.  For everyday driving, you plug it in at home. So there's a lot less \"\"planning around\"\" anything.\""}
{"_id": "127578", "title": "", "text": "Technically, of course. Almost any company can go bankrupt. One small note: a company goes bankrupt, not its stock. Its stock may become worthless in bankruptcy, but a stock disappearing or being delisted doesn't necessarily mean the company went bankrupt. Bankruptcy has implications for a company's debt as well, so it applies to more than just its stock. I don't know of any historical instances where this has happened, but presumably, the warning signs of bankruptcy would be evident enough that a few things could happen.  Another company, e.g. another exchange, holding firm, etc. could buy out the exchange that's facing financial difficulty, and the companies traded on it would transfer to the new company that's formed. If another exchange bought out the struggling exchange, the shares of the latter could transfer to the former. This is an attractive option because exchanges possess a great deal of infrastructure already in place. Depending on the country, this could face regulatory scrutiny however. Other firms or governments could bail out the exchange if no one presented a buyout offer. The likelihood of this occurring depends on several factors, e.g. political will, the government(s) in question, etc. For a smaller exchange, the exchange could close all open positions at a set price. This is exactly what happened with the Hong Kong Mercantile Exchange (HKMex) that MSalters mentioned. When the exchange collapsed in May 2013, it closed all open positions for their price on the Thursday before the shutdown date. I don't know if a stock exchange would simply close all open positions at a set price, since equity technically exists in perpetuity regardless of the shutdown of an exchange, while many derivatives have an expiration date. Furthermore, this might not be a feasible option for a large exchange. For example, the Chicago Mercantile Exchange lists thousands of products and manages hundreds of millions of transactions, so closing all open positions could be a significant undertaking.  If none of the above options were available, I presume companies listed on the exchange would actively move to other, more financially stable exchanges. These companies wouldn't simply go bankrupt. Contracts can always be listed on other exchanges as well. Considering the high level of mergers and acquisitions, both unsuccessful and successful,  in the market for exchanges in recent years, I would assume that option 1 would be the most likely (see the NYSE Euronext/Deutsche B\u00f6rse merger talks and the NYSE Euronext/ICE merger that's currently in progress), but for smaller exchanges, there is the recent historical precedent of the HKMex that speaks to #3. Also, the above answer really only applies to publicly traded stock exchanges, and not all stock exchanges are publicly-held entities. For example, the Shanghai Stock Exchange is a quasi-governmental organization, so I presume option 2 would apply because it already receives government backing. Its bankruptcy would mean something occurred for the government to withdraw its backing or that it became public, and a discussion of those events occurring in the future is pure speculation."}
{"_id": "127584", "title": "", "text": "Yes you can. You should talk to your tax advisor re the specific expenditures that can be accounted as startup-costs (legal fees are a good candidate, for example). If they add up to significant amounts (>$5K), you'll have to capitalize them over a certain period of time, and deduct from your business' income. This is not a tax advice.:-)"}
{"_id": "127585", "title": "", "text": "\"In India the Short is what is called in other markets call as \"\"Naked Short\"\" [I think I got the right term]. It means that you can only short sell intra day and by the end of the day you have to buy back the shares [at whatever price, if you don't; the exchange will do it by force the next day]. In other markets the Intra day shorts are not allowed and one can short for several days by borrowing shares from someone else [arranged by broker] India has a futures market, so you can sell/buy something today with the execution date of one month. This is typically a fixed day of the month [I think last Thursday]\""}
{"_id": "127597", "title": "", "text": "I don\u2019t understand people\u2019s obsession with inequality.  As long as real wages are staying constant or rising then you are as good, or better off today than you were yesterday.  This idea that \u201cthey\u201d are getting \u201cbetter\u201d faster really doesn\u2019t matter in the long run.  It was only 60 years ago that multiple middle class houses shared a land line and you had to wait for your neighbor to finish before making a phone call.  Today just about every individual in a low-income household has a cellphone.  My point is, as long as things keep improving for everyone is it really that bad if it\u2019s unequal improvement?  [Freakonomics did an interesting podcast on the topic of spite a while back.](http://freakonomics.com/podcast/what-do-medieval-nuns-and-bo-jackson-have-in-common-a-new-freakonomics-radio-podcast/)  The most interesting part to me is experiment where people were willing to accept less money just to ensure that the other person did not get more than them."}
{"_id": "127601", "title": "", "text": "Peace of mind is the key to your question. Just before the US housing bust of 2007, I had someone try to convince me to take all the equity from my house which was overvalued in an overheated market. The idea was to put that money in the stock market for a bigger return than the interest on the house. Many people did that and found themselves out of jobs as the economy crashed. Unfortunately, they couldn't sell their homes because they owed more than they were worth. I never lost a night of sleep over the money I didn't make in the stock market. I did manage to trade up to a house twice the size by buying another when the housing market bottomed out, but waiting for a market recovery to sell the smaller house. The outcome of my good fortune is a very nice house with no mortgage worth about 1/3 of my total net worth. That's probably a larger percentage than most money managers would recommend, but it is steadily decreasing because now, all the money that would go to a mortgage payment instead gets deposited in retirement accounts, and it still has 30 years to grow before I start drawing it down. I almost don't remember the burden of a mortgage hanging over my head each month. Almost."}
{"_id": "127622", "title": "", "text": "Yes, eligibility for contributing to a Roth IRA is determined by your Modified Adjusted Gross Income (MAGI) which is based on your Adjusted Gross Income (AGI). Now, AGI includes the net capital gains from your transactions and MAGI adds back in things that were subtracted off (e.g. tuition deductions, foreign earned income exclusion) in arriving at the AGI. There is a worksheet in Publication 590 that has the details. You are always entitled to contribute to a Traditional IRA. The MAGI affects how much of your contribution is tax-deductible on that year's tax return, but not your eligibility to contribute.  Both the above paragraphs assume that you have enough compensation (wages, salary, self-employment income) to contribute to an IRA: the contribution limit is $5500 or total compensation, whichever is smaller. (If you earned only $2K as wages, you can contribute all of it; not just your take-home pay which is what is left after Social Security and Medicare taxes, Federal taxes etc have been withheld from that $2K). If your entire income is from capital gains and stock dividends, you cannot contribute to any kind of IRA at all."}
{"_id": "127664", "title": "", "text": "\"Your employment status is not 100% clear from the question.  Normally, consultants are sole-proprietors or LLC's and are paid with 1099's.  They take care of their own taxes, often with schedule C, and they sometimes can but generally do not use \"\"employer\"\" company 401(k).  If this is your situation, you can contact any provider you want and set up your own solo 401(k), which will have great investment options and no fees.  I do this, through Fidelity. If you are paid with a W2, you are not a consultant.  You are an employee and must use your employer's 401(k). Figure out what you are. If you are a consultant, open a solo 401(k) at the provider of your choice.  Make sure beforehand that they allow incoming rollovers.  Roll all of your previous 401(k)s and IRA's into it. When you have moved your 401(k) to a better provider, you won't be paying any extra fees, but you will not recoup any fees your original provider charged. I'm not sure why you mention a Roth IRA.  If you try to roll your 401(k) into a Roth instead of a traditional IRA or 401(k), be aware that you will be taxed on everything you roll. ---- Edit: a little info about IRA's in response to your comment ---- Tax advantaged retirement accounts come in two flavors: one is managed by your company and the money is taken out of your paycheck.  This is usually a 401(k) or 403(b).  You can contribute up to $18K per year and your company can also contribute to it.  The other flavor is an IRA.  You can contribute $5,500 per year to this for you and $5,500 for your spouse.  These are outside of your company and you make the deposits yourself.  You choose your own provider, so competition has driven prices way down.  You can have both a 401(k) and an IRA and contribute the max to both (though at high incomes you lose the ability to deduct IRA contributions). These accounts are tax advantaged because you only pay taxes once.  With a regular brokerage account, you pay income tax in the year in which you earn money, then you pay tax every year on dividends and any capital gains that have been realized by selling.  There are two types of tax-advantaged accounts: Traditional IRA or Traditional 401(k).  You do not pay income tax on this money in the year you earn it, nor do you pay capital gains tax.  Instead you pay tax only in the year in which you take the money out (in retirement). Roth IRA or Roth 401(k).  You do pay income tax on money on this money in the year in which you earn it.  But then you don't pay tax on any gains or withdrawals ever again. When you leave your job (and sometimes at other times) you can move your money out of a 401(k) into your IRA, where you can do a better job managing it.  You can also move money from your IRA into a 401(k) if your 401(k) provider will allow you to. Whether traditional or Roth is better depends on your tax rate now and your tax rate at retirement.  However, if you choose to move money from a traditional account into a Roth account, you must pay tax on it in that year as if it was income because traditional and Roth accounts are taxed at different times.  For that reason, if you are just trying to move money out of your 401(k) to save on fees, the logical place to put it is in a traditional IRA. Moving money from a traditional to a Roth may make sense, for example, if your tax rate is temporarily low this year, but that would be a separate decision from the one you are looking at. You can always roll your traditional IRA into a Roth later if that does become the case.  Otherwise, there's no reason to think your traditional 401(k) should be rolled into a Roth IRA according to what you have described.\""}
{"_id": "127665", "title": "", "text": "Is it really that good of an opportunity? I kind of just applied through linkedin, sent my resume and they emailed me back to schedule an interview.   Also, I did do research. but I only found superficial information such as their linkedin &amp; wiki page. I don't **really** know what this position entails or how the company functions."}
{"_id": "127678", "title": "", "text": "I dont think they have much of a choice if they want to deleverage.   If they do that, short and long term rates are going up whether the economy is ready for it or not.   If they wait until the next recession, they'll have to buy even more bonds.  They could just be moving the target up to accommodate for what they (a pro deleveraged fed) considers inevitable rate increases sure to come anyway."}
{"_id": "127686", "title": "", "text": "\"+1 for noting that you are in it for the long haul. I also think this is a great project and activity to do with friends.  Setting up and start-up investment company could be done as a simple LLC.  The decision making process can be decided among the members -- if you want to defer to the others then so be it. Make it flexible so that you can change your mind in the future.  If this is not intended to be a source of revenue or income for you (note your \"\"in it for the long haul\"\") One way of sourcing the capital and managing the resulting taxes you might want to consider is setting up a self-directed retirement account and making the investment from there. proceeds as you and your friends choose to take them would flow back into the retirement account.   As with most investment and tax related questions we should all take the little extra time and money to follow up on internet-based advice  with your own lawyer, investment adviser and accountant. These licensed individuals when under contract assume a degree of responsibility for their answer which is not available online. :)\""}
{"_id": "127689", "title": "", "text": "\"I think this is a good question with no single right answer.  For a conservative investor, possible responses to low rates would be: Probably the best response is somewhere in the middle: consider riskier investments for a part of your portfolio, but still hold on to some cash, and in any case do not expect great results in a bad economy. For a more detailed analysis, let's consider the three main asset classes of cash, bonds, and stocks, and how they might preform in a low-interest-rate environment. (By \"\"stocks\"\" I really mean mutual funds that invest in a diversified mixture of stocks, rather than individual stocks, which would be even riskier.  You can use mutual funds for bonds too, although diversification is not important for government bonds.) Cash. Advantages: Safe in the short term.  Available on short notice for emergencies. Disadvantages: Low returns, and possibly inflation (although you retain the flexibility to move to other investments if inflation increases.) Bonds. Advantages: Somewhat higher returns than cash.  Disadvantages: Returns are still rather low, and more vulnerable to inflation.  Also the market price will drop temporarily if rates rise. Stocks. Advantages: Better at preserving your purchasing power against inflation in the long term (20 years or more, say.)  Returns are likely to be higher than stocks or bonds on average.  Disadvantages:  Price can fluctuate a lot in the short-to-medium term.  Also, expected returns are still less than they would be in better economic times. Although the low rates may change the question a little, the most important thing for an investor is still to be familiar with these basic asset classes.  Note that the best risk-adjusted reward might be attained by some mixture of the three.\""}
{"_id": "127697", "title": "", "text": "SMSFs are generally prohibited from acquiring assets from related parties (whether it is purchased by the SMSF or contributed into the fund). There are some exceptions to the above rule for acquiring related party assets, including: \u2022 Listed securities (ie shares, units or bonds listed on an approved stock exchange, such as the ASX) acquired at market value. \u2022 Business real property (ie freehold or leasehold interests in real property used exclusively in one or more businesses) acquired at market value. \u2022 An in-house asset where the acquisition would not result in the level of the fund\u2019s in-house assets exceeding 5%. \u2022 Units in a widely held unit trust, such as a retail ,managed fund. In-house asset rules An \u2018in-house asset\u2019 is generally defined as: \u2022 An investment by an SMSF in a related company or trust (ie a fund owns shares in a related company or units in a related trust). \u2022 An asset of an SMSF that is leased to a related party. \u2022 A loan made by an SMSF to a related company or trust. An investment, lease or loan that is an in-house asset is not prohibited, but is limited to 5% of the market value of the fund\u2019s assets. The Answer: If your pre-owned Western Australian Rock Lobster fishery quota units are not included in the exceptions then you cannot transfer them into your SMSF."}
{"_id": "127702", "title": "", "text": "I don't think you are reading the stock chart right.  ORCL has a beta of 1.12 which means it has more volatility than the market as a whole.  See image below for a fairly wild stock chart for a year.   I would not truly consider ESPP participation investing, unless you intend to buy and hold the stock.  If you intend to sell the stock soon after you are able, it is more speculation.  ESPP's are okay based upon the terms.  If the stock was a constant price, and you could sell right away, then an ESPP plan would be easy money.  Often, employees are often given a 15% discount to purchase the stock.  If you can sell it before any price drop, then you are guaranteed to make 15% on the money invested minus any commissions.   Some employers make ESPP participants hold the stock for a year.  This makes such a plan less of a value.  The reasons are the stock can drop in price during that time, you could need the money, or (in the best case) your money is tied up longer making the ROI less. The reasons people invest in stock are varied and is far to much to discuss in a single post.  Some of your colleagues are using the ESPP solely to earn the discount in their money."}
{"_id": "127706", "title": "", "text": "\"Hans Rosling has pointed out that most people have worse ideas about large issues in the world (specifically development, trends, etc.) than would be developed from random (\"\"I asked the chimps and they got it right 33% of the time\"\").    Highly educated people world-wide are wrong on poverty in the world, mortality, wealth distribution, economic variations in regions, etc. in vastly higher numbers than can be accounted for by no knowledge, it's rather wrong knowledge (bad generalization rules).  The generalization rules come from teachers, books, materials, etc. that have not incorporated the vast amounts of change (the emerging areas of stability and affluence in sub-Saharan Africa following the path of Korea for example) or the fact that world population will stabilize at 40% African, 40% Asian, etc at 11-12 billion people with zero growth as soon as those currently born are all reproducing and current generations reach death age as we are currently at zero population growth rates world-wide.  The videos are quite entertaining and informative (there are a lot of them as Hans Rosling tried to spread the word about this from 2003 on)  It's about making use of the data that we have (most of which is hidden in hard-to access charts, reports, data bases, etc -- Gapminder is devoted to summarizing and displaying this in easily understood forms\""}
{"_id": "127730", "title": "", "text": "And since it's impossible to know when the market cracks, and it often cracks quickly, your comment implies (a) you're confident you can get out quickly on your own and (b) likelier you're going to end up with a lot of false positives."}
{"_id": "127743", "title": "", "text": "As many people here have pointed out, a CFD is a contract for difference. When you invest in stock at eToro, you buy a CFD reflecting a bid on the price movement of the underlying stock, however, you do not actually own the stock or hold any rights shareholders have. The counterparty to the CFD is eToro. When you close your position, eToro shall pay you the amount representing the difference between your buy and sell price for each stock.  I suggest you read the following article about CFDs, it explains everything clearly and thoroughly: http://www.investopedia.com/articles/stocks/09/trade-a-cfd.asp#axzz2G9ZsmX3A As some of the responders have pointed out, and as is mentioned in the article, a broker can potentially misquote the prices of underlying assets in order to manipulate CFDs to their advantage. However, eToro is a highly reputable broker, with over 2 million active accounts, and we guarantee accurate stock quotes. Furthermore, eToro is regulated in Europe (Germany, UK, France, etc.) by institutions that exact strict regulations on the CFD trading sector, and we are obligated to comply with these regulations, which include accurate price quoting.  And of course, CFD trading at eToro has tremendous benefits. Unlike a direct stock investment, eToro allows you to invest as much or as little as you like in your favorite stocks, even if the amount is less than the relevant stock price (i.e. fraction stocks). For example:  if you invest $10 in Microsoft, and on the day of execution eToro\u2019s average aggregated price was $30 after a spread of 0.1%, you will then have a CFD representing 0.33 stocks of Microsoft in your eToro account. In addition, with eToro you can invest in stock in the context of a social trading network, meaning that you can utilize the stock trading expertise of other trader to your advantage by following them, learning their strategies, and even copying their stock investments automatically. To put it briefly, you won\u2019t be facing the stock market alone!  Before you make a decision, I suggest that you try stock trading with an eToro demo account. A free demo account grants you access to all our instruments at real market rates, as well as access to our social network where you can view and participate in trader discussions about trading stocks with eToro, all without risking your hard earned money. Bottom line \u2013 it\u2019s free, there are no strings attached, and you can get a much firmer idea of what trading stocks with eToro is like. If you have any further questions, please don\u2019t hesitate to contact us through our site: www.etoro.com."}
{"_id": "127766", "title": "", "text": "\"I think this quote from the article sums things up really well:  &gt; \"\"No one who knows anything about budgeting would take a 30-day change to have any meaning at all. There is no credit to take, because it's like noticing that rainfall numbers from one month to the next are not exactly the same or that attendance at baseball games is not a constant number.\"\"  A claim by Trump is not the same as a claim about Trump.  As a reminder, his claim was:  &gt; Trump tweeted, \"\"The National Debt in my first month went down by $12 billion.\"\"  And this is the claim that has been rated Mostly False.  A claim **by** Trump.\""}
{"_id": "127776", "title": "", "text": "I am an independent liberal.  Therefore, Donald Trump would be the last person I would praise.  However, working in tech; I now see companies offering U.S. employees substantially bigger paychecks.  I don't know what the exact cause of this is; but, I can safely assume that this so called brain drain must be very limited."}
{"_id": "127782", "title": "", "text": "The main Part of this strategy is to get as much money as possible into the policy and then take policy loans ever year. As long as you don't withdraw too much too fast you can take a loan each year that is tax free and then once you die your beneficiary still receives the face value of the policy less any outstanding  loans tax free."}
{"_id": "127818", "title": "", "text": "This is what I suspect. When you get close to a border, the signal will bounce back and forth between the two countries. But roaming in a country you are not in denotes something else is going on. I know towers can be spoofed, but I'm not sure how this would work."}
{"_id": "127821", "title": "", "text": "\"The point of the enrollment penalty is basically the same as the ACA penalty.  Any sort of health insurance - or really, any insurance - is funded by creating a risk pool of high and low risk people and pricing it so that the overall payments cover the total risk.   That means, however, that on average the low risk people end up paying more than their share - more than it would have cost them, without the insurance, excepting any provider agreements to charge less (which is significant in the health insurance business).  (Of course some of them do end up using more than they pay - but not on average, assuming the risk was calculated accurately.) While there isn't really a completely low risk pool in Medicare, there is a significant difference in utilization (=cost) between younger (65-70) and older enrollees.  As such, for many health 65 year olds, it would be beneficial to not enroll in Medicare right away - delay a few years, if they're fully healthy, and wait until they are less healthy.  Since Medicare won't turn you away for pre-existing conditions, that's a risk some would take. In order to accommodate for that, Medicare effectively says, \"\"If you didn't help subsidize the costs of the high users when you were younger, you need to pay more to make up for that fact\"\" - hence the enrollment penalty.   The New York Times explains this in part in a 2006 article discussing Part D (which was new that year, and has a similar penalty): The purpose of the late enrollment penalty is to encourage people to   sign up as soon as possible, before they have significant drug costs.\""}
{"_id": "127825", "title": "", "text": "\"I would like to buy hubby a beer and talk some sense into him.  Do you have 2 years gross income saved as your retirement balance? That's about where he should be at age 30. I wrote about this in an article Retirement Savings Ratio.  Blowing the 401(k) for anything less than an extreme emergency is downright foolish.  The decision whether to roll it to an IRA or the new account isn't so simple. If you roll it to new plan, yes you can borrow, up to 60 months at a low rate, 4% or so. Taking the cash and then making an IRA deposit just means paying the penalty for nothing, unless you manage it just right, depositing the amount within 60 day, etc. You don't mention what he wants to do with it. You need to sit down and have a long \"\"money talk.\"\"  Keep in mind, if you oversave, it's easy to retire early, or at 50 just stop saving, spend every new dime. But it's something else to turn 50 and realize you will have to work till you die. I've seen both situations. (I am 48, the Mrs, 54 our multiple is now 13. The target is 20 to retire. The house is not counted as it can't be spent. The mortgage IS counted as it must be paid) Edit - as I read this again, I see the OP asked about opening an IRA in the same year they withdraw the 401(k) and pay tax and penalty. Wow. I also see her user reverted to generic, which means, I think, she's never returned. I hope they made the right decision, to keep the money in retirement accounts. Hubby never even said what he wanted the money for.\""}
{"_id": "127830", "title": "", "text": "If you buy a townhouse, you often are in a condominium arrangement in the US (when you're really in a rowhouse in particular).  So that's a downside right away: you have to have a HOA, or at least some sort of common agreement, though it might not have formal meetings.  Everyone who owns an interest in the entire group of townhouses gets some say in landscaping and such. Beyond that though, townhouses (and similarly, condominiums) are often easier to own (as they don't have as much maintenance that you have to do), but more expensive because you pay someone to do it (the landscaping, the external repairs, etc.).  You likely don't have as much control over what the external looks like (because you have to be in agreement with the other owners), but you also don't have to do the work, unless your agreement is to collectively do the mowing/landscaping, which you should know in advance.   I wouldn't underestimate the value of easier, by the way; it's very valuable to not have to deal with as many repairs and to be able to go a week without thinking about mowing or watering.  In that sense it can be a nice transition into ownership, getting some-but-not-all of the obligations.  But if that's something you really value, doing the landscaping and mowing and whatnot, that's relevant too.  You can always tell your realtor to look for townhouses where the owners do some/all of the landscaping, though that opens up a different can of worms (where you rely on others to do work that they may not do, or do well). They're also somewhat noisier; you may be sharing a wall (but not necessarily, air-gap townhouses do exist) and either way will be closer to your neighbors.  Does noise bother you?  Conversely, are you noisy?  In a college town this is probably something to pay attention to. Price wise, of course stay well within your means; if being close to the city center is important, that may lead you to buy a townhouse in that area.  If being further out isn't a problem, you'll probably have similar choices in terms of price as long as you look in cheaper areas for single family homes."}
{"_id": "127832", "title": "", "text": "\"Coins are legal tender. They're authorized by governments and have a face value. Rounds are simply coined pieces of metal minted by private manufacturers. They do not have any face value and are not legal tender. Rounds are used to own metal, they have no value other than the value of the metal in them. Any premium you pay over the price of the metal is the mint's profit. Coins are also used as bulions (i.e.: to own metal and create profits for the government), but many times coins have limited issue and become valuable because of the rarity, specific issues with a specific coin (mistakes, impurities, exclusive designs), etc. So they also may have some numismatic value (depends on the specific coin). Coins also have the assurance of quality of the authorizing government (and fakes are dealt with by the law as forgery of coins is illegal and is a crime), rounds however do not enjoy such protection, and any one can mint them (only copyright/trademark protections apply, where the enforcement is by the owner and not the government). Re the advantages - coins (if you pick the right ones...) appreciate much more than the metal. However, this is mostly in hindsight, and most of the \"\"bulion\"\" coins do not appreciate significantly beyond the price of the metal unless there's something else significant about them (first year of issue, high quality certification, etc). Rounds on the other hand are cheaper (1 oz round will be significantly cheaper than 1 oz coin), and monitor more closely the price of the metal. It is unlikely for rounds to significantly deviate from the spot price (although this does happen occasionally, for specific designs or if a mint goes out of business).\""}
{"_id": "127838", "title": "", "text": "Saving for college you have a couple of options.  529 plans are probably the best bet for most people wanting to save for their kids college education. You can put a lot of money away ~$300k and you may get a state tax deduction. The downside is if you're kid doesn't go to college you may end up eating the 10% penalty. State specific prepaid tuition plans. The upside is you know roughly the return you are going to get on your money. The downside is your kid has to go to a state school in the state you prepaid or there are likely withdrawal penalties. For the most part these really aren't that great of a deal any more.  ESAs are also an option but they only allow you to contribute $2k/year, but you have more investment options than with the 529 plans. Traditional and ROTH IRA accounts can also be used to pay for higher education. I wouldn't recommend this route in general but if you maxed out your 401k and weren't using your IRA contribution limits you could put extra money here and get more or really different flexibility than you can with a 529 account. I doubt IRA's will ever be asked for on a FAFSA which might be helpful. Another option is to save the money in a regular brokerage account. You would have more flexibility, but lower returns after taxes. One advantage to this route is if you think your kid might be borderline for financial aid a year or two before he starts college you could move this money into another investment that doesn't matter for financial aid purposes. A few words of caution, make sure you save for retirement before saving for your kids college. He can always get loans to pay for school but no one is going to give you a loan to pay for your retirement. Also be cautious with the amount of money you give your adult child, studies have shown that the more money that parents give their adult children the less successful they are compared to their peers."}
{"_id": "127842", "title": "", "text": "Have you been to any cities recently? We're having a housing crisis in NYC because wealthy people are flocking here from all over the world driving up prices. Crime rates are hitting 50 year lows so often they don't even announce it anymore. You're describing the state of things 30 or more years ago."}
{"_id": "127845", "title": "", "text": "&gt;Don\u2019t have anything to point out? Just say something like, \u201cI\u2019m not sure what these numbers mean,\u201d and sit back. You\u2019ve bought yourself almost an entire meeting of appearing smart.  I just explained the numbers :( Please don't make me explain them again."}
{"_id": "127846", "title": "", "text": "This is why minimum wage has not gone up.  Its a fallacy way of thinking.  - Your business will be required to do one of 4 things.  Raise prices, fire employees, remove pointless expenses, or you take a hit.  More than likely you will attempt to do situation 1 because you need all your employees you currently have.  If you could work with less employees as a business owner you would of already had done that.  The next part is you will find things that are pointless.  Why are you paying for a certain type of yeast when you found out you can get the same type from someone else cheaper.  Finally you may have to take the hit to yourself.  The market will balance itself out.  HOWEVER this is the big part people dont understand.  The larger companies like to dick people over as much as possible.  You think walmart which already uses illegal workers on their farms nad has everything made in china is going to raise prices the exact same amount?  Of course not.  They will raise prices but nothing like that, and the only people who will be hurt is the companies profit sheets, and the ceo pay.  That is nothing that will ruin a company.  Furthermore that person who was making around 7 dollars an hour will have a higher income to spend and instead of purchasing crap bread from walmart they will now splurge sometimes and purchase higher end bread from bakeries such as yourself.  I think people dont understand that companies will do, and always hve done, everything they can to save money.  Walmart will have no choice but to either raise prices or not make as large of a profit as they once made.  The company wont fail, the economy will also continue, but the wealth is now going to spread out more.  I wish i could make more people understand this, but alas they will believe that you cant raise prices because it will ruin the economy.  Whats ruining the economy is actually letting the min wage stay so low.  It basically turns most people into indentured servants because they can barely afford to live.  Does that make sense?"}
{"_id": "127860", "title": "", "text": "What?!  Did you read my comments about verifying information?  You have turned it into vilifying sources.  If we want to vilify sources, just take a look at the crap the news pulls every day.  The other day I was watched big an interview on Fox News that asked,\u201dHow will the Republican Tax Break affect students?\u201d  The guy responded about how he wants to help students but never once mentioned how the Tax Breaks would affect them.  The interviewer never called him on it, and moved on as if the guy had answered the question!  At least comedy doesn\u2019t pretend to care.  I voted for who I wanted, and I didn\u2019t vote for Hillary and Trump."}
{"_id": "127890", "title": "", "text": "You're licensed to sell investments. You could get a job at a broker or RIA. You can sell stocks bonds funds annuities and work for a fee based ria in sales. You're technically licensed to give advice on investments but without at least some academic expertise in finance I would avoid it. Helpful?  edit: you don't need securities licenses to work in a bank. you'll be selling loans which is regulated differently."}
{"_id": "127894", "title": "", "text": "Disregarding leverage and things alike, I would like to know what's the difference between opening a position in Forex on a pair through a broker, for example, and effectively buy some currency in a traditional bank-to-bank transition The forex account may pay or charge you interest whereas converting your currency directly will not.  Disregarding leverage, the difference would be interest."}
{"_id": "127897", "title": "", "text": "Automation is different than mechanization. Before we replaced physical labor with machines, soon we will replace mental labor with algorithms. I do believe it will ultimately create a better society for everyone, I just see it being a bumpy road getting there. Right now humanity already has enough money and resources to feed everyone on the planet and give them all health care and education. Every single person. The problem is all those resources are locked away by the 0.01% of people who own all the wealth and isn't circulated in the economy. With automation, the problem will get even worse unless we do something about it. Imagine mega corporations that literally run themselves, only benefiting the owners. It doesn't look pretty"}
{"_id": "127931", "title": "", "text": "You must not be from around these parts.  AT&amp;T &amp; Verizon have really done an excellent job at nothing.  I mange 25 lines for the company I work at.  having that many lines, I see some fun things.  We have at times been with both AT&amp;T, Verizon, and T-Mobile.  Of the 3 only T-Mobile has the honor of more than 3 consecutive months without a billing error.  Infact our 2 years with T-Mobile, there was only 3 billing errors.  AT&amp;T had errors monthly, Verizon was as bad.  Signal, of course varies from one local to another, but here all 3 suck the hind tit.  I have nothing from my experience with AT&amp;T and Verizon that I could say positively about the quality of the service."}
{"_id": "127955", "title": "", "text": "Policy aimed at promoting economic opportunity for poor children must be framed within three stark realities.   **First, many poor children come from families that do not give them the kind of support that middle-class children get from their families.**  **Second, as a result, these children enter kindergarten far behind their more advantaged peers and, on average, never catch up and even fall further behind.**   **Third, in addition to the education deficit, poor children are more likely to make bad decisions that lead them to drop out of school, become teen parents, join gangs and break the law.**  **Let politicians, schoolteachers and administrators, community leaders, ministers and parents drill into children the message that in a free society, they enter adulthood with three major responsibilities: at least finish high school, get a full-time job and wait until age 21 to get married and have children.**  https://www.brookings.edu/opinions/three-simple-rules-poor-teens-should-follow-to-join-the-middle-class/"}
{"_id": "127957", "title": "", "text": "There is no issue - and no question - if you get married.  The question is only relevant in the event that you go separate ways.  Should that happen, you imply that you would want to refund whatever amount your girlfriend has paid toward the mortgage. The solution, then, would seem to be to exempt her from any payments, as you will either give that money back to her (if you break up) or make her a co-owner of the condo (if you get married).  If you actually need her contributions to the monthly nut, you could give her a written agreement whereby you would refund her money (plus interest) at her discretion."}
{"_id": "127958", "title": "", "text": "I think you are having trouble understanding what 'liquid' means. Liquidity refers to how easily an asset can be converted to cash. More liquid = more easily converted to cash, less liquid, less so. Any kind of exit load is going to make an asset less liquid due to the penalties associated with making the sale. So, the whole point of liquid funds is to give people the option of selling quickly if they need to. Since an exit load is meant to discourage this behavior, liquid funds tend not to have one. The point isn't what the financial institution 'gets', it's about offering a service to clients with a particular investment need."}
{"_id": "127964", "title": "", "text": "Well, you should have something that you are passionate about, but you don't necessarily need to choose a coverage right away. Many enter as generalists for IB, buy side and sell side.  However, if you are going to create a buy side report, you should tailor it to what sectors or criteria the firm selects from. If the firm you are talking to invests in consumer staples, energy and financials, a tech buy side report makes little sense.  At the same time, if they are interested in tech, try and narrow it down. Are they interested in tech mfg such as chips or electronics? Or are they interested in internet companies, service firms, BPOs, etc?"}
{"_id": "127965", "title": "", "text": "Being paid for content is not the same as being paid for work though. Being paid for work is to be paid for the hours spent thinking about, experimenting, recording and producing the song as well as other costs attached to it. Being granted a monopoly over a specific combination of bits and bytes is something completely different."}
{"_id": "127974", "title": "", "text": "There is a shortcut you can use when calculating federal estimated taxes.  Some states may allow the same type of estimation, but I know at least one (my own--Illinois) that does not. The shortcut: you can completely base your estimated taxes for this year on last year's tax return and avoid any underpayment penalty.  A quick summary can be found here (emphasis mine): If your prior year Adjusted Gross Income was $150,000 or less, then   you can avoid a penalty if you pay either 90 percent of this year's   income tax liability or 100 percent of your income tax liability from   last year (dividing what you paid last year into four quarterly   payments). This rule helps if you have a big spike in income one year,   say, because you sell an investment for a huge gain or win the   lottery. If wage withholding for the year equals the amount of tax you   owed in the previous year, then you wouldn't need to pay estimated   taxes, no matter how much extra tax you owe on your windfall. Note that this does not mean you will not owe money when you file your return next April; this shortcut ensures that you pay at least the minimum allowed to avoid penalty. You can see this for yourself by filling out the worksheet on form 1040ES.  Line 14a is what your expected tax this year will be, based on your estimated income.  Line 14b is your total tax from last year, possibly with some other modifications.  Line 14c then asks you to take the lesser of the two numbers.  So even if your expected tax this year is one million dollars, you can still base your estimated payments on last year's tax."}
{"_id": "127978", "title": "", "text": "We have been offering Cisco Certified Internetwork Expert Routing and Switching training from the past few years. The course includes class room coaching as well as practical classes. The institute has well equipped labs and spacious class rooms to enable the students to learn peacefully. The training center is also well equipped with hundreds of books on Cisco certification exams. Students can make best use of these books and classes to prepare for the certification exams."}
{"_id": "128021", "title": "", "text": "Market orders can be reasonably safe when dealing with stocks that are rather liquid and have quite low volatility. But it's important to note that you're trading a large degree of control over your buy / sell price for a small benefit in speed or complexity of entering an order. I always use limit orders as they help me guard against unexpected moves of the stock. Patience and attention to details are good qualities to have as an investor."}
{"_id": "128045", "title": "", "text": "They pay nearly $900 million per year in income taxes. Their effective rate is low because they have deferred tax assets, which means they paid more in taxes years prior in order to get a lower effective rate now. Additionally, they have a net loss carryforward, which allows a business to reduce their tax burden two years prior or up to 20 years forward after losing money."}
{"_id": "128048", "title": "", "text": "\"When you invest in an S&P500 index fund that is priced in USD, the only major risk you bear is the risk associated with the equity that comprises the index, since both the equities and the index fund are priced in USD. The fund in your question, however, is priced in EUR. For a fund like this to match the performance of the S&P500, which is priced in USD, as closely as possible, it needs to hedge against fluctuations in the EUR/USD exchange rate. If the fund simply converted EUR to USD then invested in an S&P500 index fund priced in USD, the EUR-priced fund may fail to match the USD-priced fund because of exchange rate fluctuations. Here is a simple example demonstrating why hedging is necessary. I assumed the current value of the USD-priced S&P500 index fund is 1,600 USD/share. The exchange rate is 1.3 USD/EUR. If you purchase one share of this index using EUR, you would pay 1230.77 EUR/share:  If the S&P500 increases 10% to 1760 USD/share and the exchange rate remains unchanged, the value of the your investment in the EUR fund also increases by 10% (both sides of the equation are multiplied by 1.1):  However, the currency risk comes into play when the EUR/USD exchange rate changes. Take the 10% increase in the price of the USD index occurring in tandem with an appreciation of the EUR to 1.4 USD/EUR:  Although the USD-priced index gained 10%, the appreciation of the EUR means that the EUR value of your investment is almost unchanged from the first equation. For investments priced in EUR that invest in securities priced in USD, the presence of this additional currency risk mandates the use of a hedge if the indexes are going to track. The fund you linked to uses swap contracts, which I discuss in detail below, to hedge against fluctuations in the EUR/USD exchange rate. Since these derivatives aren't free, the cost of the hedge is included in the expenses of the fund and may result in differences between the S&P500 Index and the S&P 500 Euro Hedged Index.  Also, it's important to realize that any time you invest in securities that are priced in a different currency than your own, you take on currency risk whether or not the investments aim to track indexes. This holds true even for securities that trade on an exchange in your local currency, like ADR's or GDR's. I wrote an answer that goes through a simple example in a similar fashion to the one above in that context, so you can read that for more information on currency risk in that context.  There are several ways to investors, be they institutional or individual, can hedge against currency risk. iShares offers an ETF that tracks the S&P500 Euro Hedged Index and uses a over-the-counter currency swap contract called a month forward FX contract to hedge against the associated currency risk. In these contracts, two parties agree to swap some amount of one currency for another amount of another currency, at some time in the future. This allows both parties to effectively lock in an exchange rate for a given time period (a month in the case of the iShares ETF) and therefore protect themselves against exchange rate fluctuations in that period.  There are other forms of currency swaps, equity swaps, etc. that could be used to hedge against currency risk. In general, two parties agree to swap one quantity, like a EUR cash flow, payments of a fixed interest rate, etc. for another quantity, like a USD cash flow, payments based on a floating interest rate, etc. In many cases these are over-the-counter transactions, there isn't necessarily a standardized definition.  For example, if the European manager of a fund that tracks the S&P500 Euro Hedged Index is holding euros and wants to lock in an effective exchange rate of 1.4 USD/EUR (above the current exchange rate), he may find another party that is holding USD and wants to lock in the respective exchange rate of 0.71 EUR/USD. The other party could be an American fund manager that manages a USD-price fund that tracks the FTSE. By swapping USD and EUR, both parties can, at a price, lock in their desired exchange rates.  I want to clear up something else in your question too. It's not correct that the \"\"S&P 500 is completely unrelated to the Euro.\"\" Far from it. There are many cases in which the EUR/USD exchange rate and the level of the S&P500 index could be related. For example: Troublesome economic news in Europe could cause the euro to depreciate against the dollar as European investors flee to safety, e.g. invest in Treasury bills. However, this economic news could also cause US investors to feel that the global economy won't recover as soon as hoped, which could affect the S&P500.  If the euro appreciated against the dollar, for whatever reason, this could increase profits for US businesses that earn part of their profits in Europe. If a US company earns 1 million EUR and the exchange rate is 1.3 USD/EUR, the company earns 1.3 million USD. If the euro appreciates against the dollar to 1.4 USD/EUR in the next quarter and the company still earns 1 million EUR, they now earn 1.4 million USD. Even without additional sales, the US company earned a higher USD profit, which is reflected on their financial statements and could increase their share price (thus affecting the S&P500). Combining examples 1 and 2, if a US company earns some of its profits in Europe and a recession hits in the EU, two things could happen simultaneously. A) The company's sales decline as European consumers scale back their spending, and B) the euro depreciates against the dollar as European investors sell euros and invest in safer securities denominated in other currencies (USD or not). The company suffers a loss in profits both from decreased sales and the depreciation of the EUR.  There are many more factors that could lead to correlation between the euro and the S&P500, or more generally, the European and American economies. The balance of trade, investor and consumer confidence, exposure of banks in one region to sovereign debt in another, the spread of asset/mortgage-backed securities from US financial firms to European banks, companies, municipalities, etc. all play a role.  One example of this last point comes from this article, which includes an interesting line: Among the victims of America\u2019s subprime crisis are eight municipalities in Norway, which lost a total of $125 million through subprime mortgage-related investments. Long story short, these municipalities had mortgage-backed securities in their investment portfolios that were derived from, far down the line, subprime mortgages on US homes. I don't know the specific cities, but it really demonstrates how interconnected the world's economies are when an American family's payment on their subprime mortgage in, say, Chicago, can end up backing a derivative investment in the investment portfolio of, say, Hammerfest, Norway.\""}
{"_id": "128050", "title": "", "text": "\"&gt; And you get this Medicare \"\"issue\"\" from Vox whom you, yourself, say \"\"Vox does spin things left\"\".  Allowing Medicare Part-D negotiate drug prices has long been my litmus test of swamp politics.  It puts the free market and lower drug prices against corporate profits and it is disturbing how many politicians choose the latter.  When President Trump brought up the issue I applauded and thought he could be serious about draining the swamp.  When he reversed his position it showed me he embodied the swamp.  I chose the Vox article when deciding how to present this issue to you because I thought it did a good job explaining how big of a backstab this reversal was to the American people.  The articles of this meeting from conservative media ignored the flip-flop and painted more money going to the pharmaceutical companies as a win.  I do not agree this is a very gray topic.  I think this clearly shows President Trump will choose to help the rich despite claiming to do the opposite.  &gt; And Medicare Part-D issue was not dealt at all by Obama in 8 years, am I right?  And there you go again thinking you can point to Obama and be proven right.  I know you think Obama was terrible.  Pointing out that President Trump is better than terrible isn't high praise.  &gt; Ok!!!! Please find me something significant that Trump did that you don't like.  All right, another one of my pet issues is global warming.  I worked for the National Center for Atmospheric Research for seven years and decided to use the time to research both sides of the issue.  There was no comparison.  What I found was the scientists had multiple studies using different approaches with solid science and similar conclusions backed by decades of data.  The skeptics had cherry-picked data, specious reasoning, misrepresentation of the work of others, and often had direct financial ties to big oil.  Today I know of no valid evidence that the planet is not warming or that humans are not responsible.  This makes this issue into another litmus test for me.  If you seek the truth then you will learn that global warming is a real and a serious threat.  If someone claims its a hoax, unsettled science, not human caused, or not much danger then either that person misleading you to push an agenda or is listening to people who are.  Citizen Trump called global warming a Chinese hoax several years ago but I was willing to give him a chance to surround himself with people who actually knew the science.  Since becoming president he has appointed a climate change denier to head the EPA and much of his cabinet, doubled down on coal, oil, and gas mining and pipelines, pulled out of the Paris Accords, cut funding for climate studies, banned government scientists from speaking about the issue publicly, and rolled back regulations that would require or encourage reductions in greenhouse gas emissions.  Once again this issue shows me that President Trump is ignoring what the scientists are saying and what is best for our country long term and embracing policies that will make more money for the wealthy.\""}
{"_id": "128059", "title": "", "text": "&gt;They compensate me fairly  This may be why you bear no ill will as most here probably cannot say the same.  I know I certainly cant, I am shorted almost 50% of the market rate for others in the same field.  The bitch of it is if I left for a year and came back, they probably would pay me that difference, maybe even more.  Makes no fucking sense."}
{"_id": "128067", "title": "", "text": "\"I know, that's why there is no such thing as a \"\"pure, unadulterated free market\"\". Information flows, and it is often in the interest of those who make the big bucks that can be interrupted long enough, so that more money can be made out of the asymmetry.  As for finance, a lot of what was going on in unregulated markets in the 00's contributed to the spectacular crash later.\""}
{"_id": "128071", "title": "", "text": "\"GRAS is a lot different from \"\"determined to be safe for consumption\"\"     The former is a specific category of food additives and ingredients, the latter is based out of your conjecture and paranoia, especially comparing it with trans fats.  At worst, the soy leghemoglobin is a potential allergen.     If the impossible burger weren't \"\"safe for consumption,\"\" you wouldn't be able to buy it.\""}
{"_id": "128077", "title": "", "text": "\"The question you should be asking yourself is this: \"\"Why am I putting money into a 401(k)?\"\" For many people, the answer is to grow a (large) nest egg and save for future retirement expenses. Investors are balancing risk and potential reward, so the asset categories you're putting your 401(k) contribution towards will be a reflection on how much risk you're willing to take. Per a US News & World Report article: Ultimately, investors would do well to remember one of the key tenants   of investing: diversify. The narrower you are with your investments,   the greater your risk, says Vanguard's Bruno: \"\"[Diversification]   doesn't ensure against a loss, but it does help lessen a significant   loss.\"\" Generally, investing in your employer's stock in your 401(k) is considered very risk. In fact, one Forbes columnist recommends not putting any money into company stock. FINRA notes: Simply stated, if you put too many eggs in one basket, you can expose yourself to significant risk. In financial terms, you are under-diversified: you have too much of   your holdings tied to a single investment\u2014your company's stock.   Investing heavily in company stock may seem like a good thing when   your company and its stock are doing well. But many companies   experience fluctuations in both operational performance and stock   price. Not only do you expose yourself to the risk that the stock   market as a whole could flounder, but you take on a lot of company   risk, the risk that an individual firm\u2014your company\u2014will falter or   fail. In simpler terms, if you invest a large portion of your 401(k) funds into company stock, if your company runs into trouble, you could lose both your job AND your retirement investments. For the other investment assets/vehicles, you should review a few things: Personally, I prefer to keep my portfolio simple and just pick just a few options based on my own risk tolerance. From your fund examples, without knowing specifics about your financial situation and risk tolerance, I would have created a portfolio that looks like this when I was in my 20's: I avoided the bond and income/money market funds because the growth potential is too low for my investing horizon. Like some of the other answers have noted, the Target Date funds invest in other funds and add some additional fee overhead, which I'm trying to avoid by investing primarily in index funds. Again, your risk tolerance and personal preference might result in a completely different portfolio mix.\""}
{"_id": "128081", "title": "", "text": "As a developer in a former life, I would not even get out of bed for $50 an hour. My normal charge out rate for ANY computer work at all is $100/hour + 15% tax. Don't want to pay that much? Find someone else.   I never ever had anyone ever try to negotiate a deal, and I only ever worked on an hourly basis. And only when it suited me.  I struggle to understand how anyone could ever accept any kind of coding job for $15 an hour - *even if they lived in India*."}
{"_id": "128093", "title": "", "text": "\"**Lowes Foods**  Lowes Foods is a grocery store chain based in Winston-Salem, North Carolina. The chain's initial growth was in the mountains of North Carolina and rural areas of Virginia, but, starting in the late 1990s, has geared expansion towards metropolitan areas in North and South Carolina.  Until October 4, 2009, Lowes Foods used S&amp;H Greenpoints on their store discount card; this was replaced with \"\"Fresh Rewards\"\" on October 5. Many of Lowes Foods stores also offer Lowes Foods to Go, where shoppers can order groceries online and drive to the store to pick them up.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot/)   ^] ^Downvote ^to ^remove ^| ^v0.22\""}
{"_id": "128107", "title": "", "text": "\"You can (and definitely should) withdraw any part of the contribution that will put you over the contribution limit.  You can (and should if you need to) withdraw to repay any medical payments you made from outside the account.  You can (but should avoid at all costs) withdraw (distribute) from the HSA for non-medical reasons. Here's the IRS publication which covers this:  https://www.irs.gov/publications/p969 Here's the bit about distributions that covers what you're trying to do: You can receive tax-free distributions from your HSA to pay or be reimbursed for qualified medical expenses you incur after you establish the HSA. If you receive distributions for other reasons, the amount you withdraw will be subject to income tax and may be subject to an additional 20% tax. You don\u2019t have to make distributions from your HSA each year.  It is better to pay from your checking and reimburse than to over-fund the HSA.  Best route forward is to reduce your contributions for the rest of the year, especially if continuing them will cause excess contributions.  Another nasty gotcha: Excess contributions.     You will have excess contributions if the contributions to your HSA for the year are greater than the limits discussed earlier. Excess contributions aren\u2019t deductible. Excess contributions made by your employer are included in your gross income. If the excess contribution isn\u2019t included in box 1 of Form W-2, you must report the excess as \"\"Other income\"\" on your tax return. Generally, you must pay a 6% excise tax on excess contributions. See Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts, to figure the excise tax. The excise tax applies to each tax year the excess contribution remains in the account.  You may withdraw some or all of the excess contributions and avoid paying the excise tax on the amount withdrawn if you meet the following conditions.  \u2022You withdraw the excess contributions by the due date, including extensions, of your tax return for the year the contributions were made. \u2022You withdraw any income earned on the withdrawn contributions and include the earnings in \"\"Other income\"\" on your tax return for the year you withdraw the contributions and earnings. If you will not be over your maximum contribution, let the contribution ride.  Make sure your HSA balance is divided between cash, stock fund, bond fund.  Much like your 401k.  Because the part that you don't spend on medical expenses this year can be spent in future years' medical expenses, and if you have anything left when you retire you can spend it on whatever you want.  And the funds, including growth, are not taxed until you distribute them. Bottom line:  if the funds will not cause excess contribution, leave them in.  Otherwise, take them out as soon as possible.\""}
{"_id": "128123", "title": "", "text": "Michael Bach Atlanta, who began his finance career nearly sixteen years ago as the CEO of a small-cap private equity firm, founded Scirage just ahead of the nations financial crisis,that there were virtually no African American asset managers at all. \u201cI\u2019ve always know that there were limited numbers of African American\u2019s in the finance industry"}
{"_id": "128159", "title": "", "text": "\"I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/libertarian] [Senator Richard Blumenthal believes that american small business owners are \"\"outliers\"\" who should be \"\"prosecuted\"\"](https://np.reddit.com/r/Libertarian/comments/72732b/senator_richard_blumenthal_believes_that_american/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)\""}
{"_id": "128165", "title": "", "text": "You can be assured of our professional service and many smiles on your special day. Because Your search ends here, At Vamos paella, we understand that a delicious food is always of primary focus in paella parties. We have created three enticing menus that will allow you to combine paella with tapas, salads, breads, salsa and desserts. Of course, this menu can be customized to cater for your vegetarian, pescatarians and non vegitarian friends alike. Get innovative and offer tasty treats to accompany paella. This could be in form of desserts, appetizers or even entrees. Checkout our site: http://forum.waternz.org.nz/profile.php?mode=viewprofile&amp;u=905"}
{"_id": "128178", "title": "", "text": "It's slightly more insidious than that. These days we're finding out how to make games in such a way as to maximise profit. Not by making the games more fun or entertaining but by abusing the flaws in human psychology.  They are also designed in such a way as to incentivise these extra purchases. When it says in the article you can buy quicker progress through the game and a lot of people like it, it's because they've artificially slowed down the normal progress in the game. They've deliberately broken the product so you'll pay to fix it.  From a business ethics point of view there's nothing wrong in this but it makes a lot of people in the industry uneasy."}
{"_id": "128188", "title": "", "text": "Or it could be that Uber's model is not sustainable and preys on the ignorance and precarious situation of people. That the driver burn rate is a good indication of an unreasonable pay. And we're not even touching the fact that drivers are pretty uninsured (yes I know about the 1 million coverage Uber provides. It's a supplementary coverage, meaning you first have to submit claim through your own insurance first)."}
{"_id": "128198", "title": "", "text": "And that's what I'm getting at, it's like an 8th grader failing a class. It's not great but we don't write the kid off as a failure and kick him out of school. There is a lot of schooling left and chances are he will get his diploma.   there is plenty of time for them to pass something. And chances are you will see something get passed when they start to run up against a sort of deadline that could prevent them from passing it at all. And that deadline is like what? Next November at the earliest?"}
{"_id": "128218", "title": "", "text": "Now, whilst you recognize how beneficial a power bank institution is, it is pertinent to figure out how to choose a strength bank that high-quality suits your device and requirements for the cell phone. The maximum important element is to test the battery size of your cellular cell phone or tablet and compare it with the potential of the power bank institution. The ability of a power bank has to be at least the same as the battery length. This selection basis will make sure which you pick out a strength bank, which gives you minimal 1-complete charge in your cellular telephone. Another vital thing that should be taken into consideration whilst buying energy bank online is its type. Each kind plays in another way and accordingly, you should pick out the one that high-quality fits your requirements."}
{"_id": "128251", "title": "", "text": "Let's see... do you have other options?  I have no idea since you didn't list those details.  Doesn't sound like you've applied for anything.  So, if you don't have other options, then yes, you should accept it.  That's just common sense.  If you don't have other options and you turn it down... well, you deserve whatever happens to you."}
{"_id": "128257", "title": "", "text": "Canada, like other second-rate economies with weak currencies, provides USD accounts.  It is not the same vice versa.  It is rare to find a direct deposit foreign currency account in the US as it is the world-leading currency."}
{"_id": "128258", "title": "", "text": "&gt;the broad consensus is that there's an elasticity of somewhere between -0.05 and -0.2  I think an even broader consensus is that impact of minimum wage hikes is [highly non-linear](http://onlinelibrary.wiley.com/doi/10.1111/coep.12175/pdf) as you increase the real wage cutoff. Going from $8 to $10 an hour might be a net positive for the low income group, but as you go from $10 to $12 or $12 to $14, the job loss effects will start to overpower the wage gain effects."}
{"_id": "128281", "title": "", "text": "\"The professional financial advisors do have tools which will take a general description of a portfolio and run monte-carlo simulations based on the stock market's historical behavior. After about 100 simulation passes they can give a statistical statement about the probable returns, the risk involved in that strategy, and their confidence in these numbers.  Note that they do not just use the historical data or individual stocks. There's no way to guarantee that the same historical accidents would have occurred that made one company more successful than another, or that they will again. \"\"Past performance is no guarantee of future results\"\"... but general trends and patterns can be roughly modelled. Which makes that a good fit for those of us buying index funds, less good for those who want to play at a greater level of detail in the hope of doing better. But that's sorta the point; to beat market rate of return with the same kind of statistical confidence takes a lot more work.\""}
{"_id": "128303", "title": "", "text": "In addition to all the complete sample plans, Business plan includes example content for every text item in your business plan. Browse through a few examples to get an idea how others he worded their Executive Summary, for instance. Find an good that really works for you? One click adds it right into your plan. Then you can personalize it to fit your business and business management are best tips."}
{"_id": "128307", "title": "", "text": "There was this /r/offmychest post yesterday from a person claiming to work for a large investment bank as part of their default risk modelling team. The poster claims that the commercial and real estate lending divisions have been fudging numbers regarding default risks due to a lack of oversight and a bunch of bad commercial loans are about to become due. They further claim that a rise in interest rates could prevent many commercial properties from being able to properly ~~finance~~ refinance their loan. Here is the post: https://www.reddit.com/r/offmychest/comments/77a1vw/i_work_in_bankingfinance_risk_management_i_am/. Any one have any thoughts?            I also found this link on the Mises blog (though it is a year old) that discusses how delinquency rates on commercial and industry loans have been steadily rising since bottoming out in 2015: https://mises.org/blog/delinquency-rates-rising-new-crisis-approaching. Could be something to keep an eye on. I would love to see some more updated data on delinquency."}
{"_id": "128322", "title": "", "text": "Now i want to get this money in my new UK bank account, does this mean that gov will take taxes from this money as well. Yes that is income and you have to pay tax on that. But it might be a bit complicated than that, so I would ask you to call up HMRC or visit an accountant or maybe ask the finance people of your employer. Also one of my family members send us money every few months and will send to this bank from now on, does taxes also apply on this? See the HMRC page about capital gains tax on gifts: You won't have to pay Capital Gains Tax when you give a gift to your   husband, wife or civil partner - as long as both of the following   apply: It's useful to keep a note of what the asset cost you. Your spouse or   civil partner may need this to work out their Capital Gains Tax when   they dispose of the asset. Example: Mr B lives with his wife and gives her an antique table that   he bought for \u00a312,000 in 2003. Mrs B spends \u00a3500 restoring the table,   eventually selling it for \u00a320,000.  Her total costs are \u00a312,500 (\u00a3500 plus Mr B's original cost \u00a312,000). Mrs B's   gain is \u00a37,500 (\u00a320,000 less \u00a312,500). When you make a gift to a family member or other person you're   connected with, you'll need to work out the gain or loss. This doesn't   apply to gifts you make to your spouse or civil partner. This also applies if you dispose of an asset to them in any other way   - for example, you sell it to them for a low price. A 'connected person' in this context is someone such as your brother,   sister, child, parent, grandparent, mother-in-law or business partner.   Follow the link below for more information about connected people and   Capital Gains Tax. You must get a valuation of the asset at the time you made the gift.   Use this value in place of any amount you received for the asset to   work out your gain or loss. If you gave the asset away, then of course   the amount you received for it will be nothing. If you make a loss you can only deduct the loss from gains you make on   gifts or other disposals to the same person."}
{"_id": "128323", "title": "", "text": "is that the touch one with the qwerty pad? I have a thing for blackberries....I recently bought a motorola that broke instantly after a bike ride and motorola refuses to abide by the warranty, they actually went so far to void it completely for my model.  So, back in the market for another bb...i just wish they'd get their act together and throw together something sleek and with tons of support."}
{"_id": "128326", "title": "", "text": "So this is actually why I never went back to my old job at a movie theater. No one could work more than 32 hours a week or they would have to offer us insurance. I needed the 40 hours a week to pay for rent and food so I never went back. This isn't something new but people might just be bringing it up to blame Obama before the election."}
{"_id": "128338", "title": "", "text": "\"I was thinking more of a limit on the TOTAL # of patents (something fairly small, like maybe 10,000 total patents are allowed to be valid at any given moment in time), so that patent applications from multiple sources have to be somehow compared with each other to decide which would provide more societal-benefit by being allowed patent status.  If you want to take the government (mostly) out of the picture, then maybe use an auction format - when a valid patent \"\"slot\"\" becomes available (due to a previously-granted patent expiring, or being invalidated due to court challenge), then anyone who wants their idea to get patent rights submits their application to an \"\"auction\"\" for that slot.  Then the people who want to OWN the patent rights to any of those submitted ideas will bid for them. Whoever pays the top bid will get the patent rights for the concepts in the specific application they were targeting.  This will force the people who are doing the bidding to basically do the \"\"due diligence\"\" on each patent application (instead of depending on the patent examiners), since they will not want to pay a lot of money to get the patent rights for an idea, only to have that patent's value be destroyed by being declared invalid in court.  If you want to encourage small inventors to throw their hat into the ring, then set things up so that the money from the winning bid goes to the inventor who submitted the original application. This way, you get the best of both worlds - the inventor gets compensated (handsomely in most cases) for their good idea, and the idea being patented gets into the hands of someone with enough resources to exploit the idea in a broad scale.\""}
{"_id": "128339", "title": "", "text": "Ever been to a city council meeting?  The craziest people are the loudest.  On Reddit they get downvoted into oblivion (well, unless they're the *right* kind of crazy), but in other online fora there's nobody to say that they're stupid and wrong."}
{"_id": "128349", "title": "", "text": "I don't think that you totally get it.  From the article: &gt;What if you created a website that printed out emails, texts or photos from your computer, Facebook or Instagram and mailed them for you in the plain white envelopes these institutions favored?"}
{"_id": "128350", "title": "", "text": "Echoing Justkt, different approaches will work for different couples.  It also depends on your background, life experience, age, maturity.... Irrespective of the structure, any agreement must be based on a thorough understanding of the mechanism by which responsibility and accountability is apportioned. As in any financial relationship, when money is plentiful and covers all ends, then conflict hardly ever arises.  Problems only turn up when money vanishes. Business contracts are written with a view to such conflicts and agreements within a marriage must be equatable and based on a shared understanding. So, don't worry too much about the structure.  Think about thinkgs like the following: In other words, given that income between spouses is likely to be unbalanced, how do you manage this within a caring relationship so that neither feels like a charity case, a social worker, or dependent? There will not be one clear answer except that open and honest discussion on an ongoing bases can only serve to strengthen your relationship."}
{"_id": "128351", "title": "", "text": "It is allowed to transfer money between ISAs however you like in one year.  It does not count against the limit for how much you can pay into an ISA in a year, nor does it count as paying into two ISAs in the same year.  But make sure you transfer the money.  Don't withdraw it, then pay it into a new ISA. If your provider doesn't like you taking money out of one ISA while keeping another, then it's about time you found another provider."}
{"_id": "128354", "title": "", "text": "Growth is how well the investment will grow on average.   In the long term, this is a sure thing.  Volatility is how much the value will jerk up and down in the short term.   Do you want both... Or neither?  When are you going to use the money? If it's IRA money you can't touch for 30 years, it really ought to be in the market, since growth is hugely important, and volatility is not a big concern. You're in it for the very long game, and volatility will average out, leaving pure growth.  If the market drops 25% in 6 months, who cares?  Stocks go up, stocks go down. It has 29 years to recover, and it will.   If you are planning to buy a house in 6 months, you want that money in something like a CD, because volatility could be devastating: an untimely 25% drop in stock price could really, really suck."}
{"_id": "128367", "title": "", "text": "The problem is, we already have an ID with a number attached to it.  Except, even there getting a new ID number doesn't help much.  Because, in many cases the business will happily take the old number as well.  In other words, it's not a problem with the SSN so much as it is that institutions validation and the fact that proving fraud is left to the victim.  If, instead, the financial institution had to prove everything, we would have multiple layers of security.  Of course, at that point Equifax et al would not exist in its current form.  Cryptographic tokens work reasonably well that it's something in someone's possession, and can be put into ID cards pretty easily.  The problem is, you can't put them on forms."}
{"_id": "128371", "title": "", "text": "But which effect is larger, short-term stupidity or long-term rationality? Investors may repeatedly make this mistake and forever affect FACE's price because of FB's actions. Maybe the fools who confused FB and FACE last month have learned their lessons, but the market provides an inexhaustible supply of fools."}
{"_id": "128388", "title": "", "text": "This is the interesting part.  If one reads between the lines it seems that they used bots to upvote posts.  This violated their (reddit) TOS.  Evidence dammit, we need proof.  (We've got  our pitchforks ready)   I'm all for protecting the voting system.  I think it would be interesting to see data that shows this seo/spamy behavior."}
{"_id": "128399", "title": "", "text": "\"One thing recessions do is sort out market inefficiencies.  Often that means re-directing people who are in jobs they can't  do properly into other career fields.    During the dot-com boom, tons of people with liberal arts degrees and no experience wound up as \"\"software engineers\"\".  Not all of them sucked, but many did, and the dot-com crash sorted that out.  As an engineer, I saw this first hand, and it wasn't a bad thing -- I had a lot of co-workers in 2000 who weren't pulling their weight.  This is going to sound heartless, and maybe it is, but if someone has been unemployed 3 years, maybe it is time for a career change.    Your tax credit idea is only going to penalize businesses for operating efficiently, penalize the productively employeed, and cost the government in revenue.  Also, tax incentives rarely have the impact they're designed to have and there are always unitended consequences.  Large businesses exploit them, small businesse get abused by them.  If we want to see job growth, tax codes need to get simpler, not more complex.\""}
{"_id": "128406", "title": "", "text": "St. John's Church, Richmond, Virginia March 23, 1775.  MR. PRESIDENT: No man thinks more highly than I do of the patriotism, as well as abilities, of the very worthy gentlemen who have just addressed the House. But different men often see the same subject in different lights; and, therefore, I hope it will not be thought disrespectful to those gentlemen if, entertaining as I do, opinions of a character very opposite to theirs, I shall speak forth my sentiments freely, and without reserve. This is no time for ceremony. The question before the House is one of awful moment to this country. For my own part, I consider it as nothing less than a question of freedom or slavery; and in proportion to the magnitude of the subject ought to be the freedom of the debate. It is only in this way that we can hope to arrive at truth, and fulfil the great responsibility which we hold to God and our country. Should I keep back my opinions at such a time, through fear of giving offence, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the majesty of heaven, which I revere above all earthly kings.  Mr. President, it is natural to man to indulge in the illusions of hope. We are apt to shut our eyes against a painful truth, and listen to the song of that siren till she transforms us into beasts. Is this the part of wise men, engaged in a great and arduous struggle for liberty? Are we disposed to be of the number of those who, having eyes, see not, and, having ears, hear not, the things which so nearly concern their temporal salvation? For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst, and to provide for it.  I have but one lamp by which my feet are guided; and that is the lamp of experience. I know of no way of judging of the future but by the past. And judging by the past, I wish to know what there has been in the conduct of the British ministry for the last ten years, to justify those hopes with which gentlemen have been pleased to solace themselves, and the House? Is it that insidious smile with which our petition has been lately received? Trust it not, sir; it will prove a snare to your feet. Suffer not yourselves to be betrayed with a kiss. Ask yourselves how this gracious reception of our petition comports with these war-like preparations which cover our waters and darken our land. Are fleets and armies necessary to a work of love and reconciliation? Have we shown ourselves so unwilling to be reconciled, that force must be called in to win back our love? Let us not deceive ourselves, sir. These are the implements of war and subjugation; the last arguments to which kings resort. I ask, gentlemen, sir, what means this martial array, if its purpose be not to force us to submission? Can gentlemen assign any other possible motive for it? Has Great Britain any enemy, in this quarter of the world, to call for all this accumulation of navies and armies? No, sir, she has none. They are meant for us; they can be meant for no other. They are sent over to bind and rivet upon us those chains which the British ministry have been so long forging. And what have we to oppose to them? Shall we try argument? Sir, we have been trying that for the last ten years. Have we anything new to offer upon the subject? Nothing. We have held the subject up in every light of which it is capable; but it has been all in vain. Shall we resort to entreaty and humble supplication? What terms shall we find which have not been already exhausted? Let us not, I beseech you, sir, deceive ourselves. Sir, we have done everything that could be done, to avert the storm which is now coming on. We have petitioned; we have remonstrated; we have supplicated; we have prostrated ourselves before the throne, and have implored its interposition to arrest the tyrannical hands of the ministry and Parliament. Our petitions have been slighted; our remonstrances have produced additional violence and insult; our supplications have been disregarded; and we have been spurned, with contempt, from the foot of the throne. In vain, after these things, may we indulge the fond hope of peace and reconciliation. There is no longer any room for hope. If we wish to be free\u00b2 if we mean to preserve inviolate those inestimable privileges for which we have been so long contending\u00b2if we mean not basely to abandon the noble struggle in which we have been so long engaged, and which we have pledged ourselves never to abandon until the glorious object of our contest shall be obtained, we must fight! I repeat it, sir, we must fight! An appeal to arms and to the God of Hosts is all that is left us!  They tell us, sir, that we are weak; unable to cope with so formidable an adversary. But when shall we be stronger? Will it be the next week, or the next year? Will it be when we are totally disarmed, and when a British guard shall be stationed in every house? Shall we gather strength by irresolution and inaction? Shall we acquire the means of effectual resistance, by lying supinely on our backs, and hugging the delusive phantom of hope, until our enemies shall have bound us hand and foot? Sir, we are not weak if we make a proper use of those means which the God of nature hath placed in our power. Three millions of people, armed in the holy cause of liberty, and in such a country as that which we possess, are invincible by any force which our enemy can send against us. Besides, sir, we shall not fight our battles alone. There is a just God who presides over the destinies of nations; and who will raise up friends to fight our battles for us. The battle, sir, is not to the strong alone; it is to the vigilant, the active, the brave. Besides, sir, we have no election. If we were base enough to desire it, it is now too late to retire from the contest. There is no retreat but in submission and slavery! Our chains are forged! Their clanking may be heard on the plains of Boston! The war is inevitable\u00b2and let it come! I repeat it, sir, let it come.  It is in vain, sir, to extenuate the matter. Gentlemen may cry, Peace, Peace\u00b2but there is no peace. The war is actually begun! The next gale that sweeps from the north will bring to our ears the clash of resounding arms! Our brethren are already in the field! Why stand we here idle? What is it that gentlemen wish? What would they have? Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty or give me death!  This speech is the best response I can give."}
{"_id": "128408", "title": "", "text": "\"Hi, \"\"guy\"\" here! This was me. I think we have a PNC shill on our hands. Anyway, slrrp you're missing the point, I was called and asked specifically about why I'm buying bitcoin and was then told that PNC wants nothing to do with bitcoin. That is news. Me refusing to answer the question is not news, it is not about the response from me or them, it's about the initial impetus to call me.\""}
{"_id": "128433", "title": "", "text": "It won't hurt your credit rating. I wouldn't worry about it. The company can certainly pursue debt collections across borders but unless its a massive sum.. they will write it off. Now.. what the right thing to do is to take care of it... 1. for karma's sake and 2. so you don't make a bad name for foreigners."}
{"_id": "128435", "title": "", "text": "\"You can't individually have 100% ownership if the 50/50 LLC is the owner of the new business; however, you can be allocated 100% of the profits and losses from the new business with the 50/50 LLC as owner of said business.  It requires a new LLC operating agreement that specially allocates profits and losses from the new business to you.  There is one catch under the Treasury Regs, the special allocation to you must have \"\"substantial economic effect\"\".  See Treasury Regulation (26 CFR) Section 1.704-1. http://www.medlawplus.com/library/legal/irsrulings/treareg1704-1.htm\""}
{"_id": "128451", "title": "", "text": "\"Yes you can do the withdraw if you turned 55 during the year you separated from service. http://www.401khelpcenter.com/401k_education/Early_Dist_Options.html#.VdMrqPlVhBc Leaving Your Job On or After Age 55 The age 59\u00bd distribution rule says any 401k participant may begin to withdraw money from his or her plan after reaching the age of 59\u00bd without having to pay a 10 percent early withdrawal penalty. There is an exception to that rule, however, which allows an employee who retires, quits or is fired at age 55 to withdraw without penalty from their 401k (the \"\"rule of 55\"\"). There are three key points early retirees need to know. First, this exception applies if you leave your job at any time during the calendar year in which you turn 55, or later, according to IRS Publication 575. Second, if you still have money in the plan of a former employer and assuming you weren't at least age 55 when you left that employer, you'll have to wait until age 59\u00bd to start taking withdrawals without penalty. Better yet, get any old 401k's rolled into your current 401k before you retire from your current job so that you will have access to these funds penalty free. Third, this exception only applies to funds withdrawn from a 401k. IRAs operate until different rules, so if you retire and roll money into an IRA from your 401k before age 59\u00bd, you will lose this exception on those dollars.\""}
{"_id": "128457", "title": "", "text": "I believe we already do? We have subsidies and stuff to entice companies to move to certain cities for example. Also the defense companies are still businesses in the end. I used to work at one for what it's worth.  But sure if it somehow makes a difference instead of businesses we can fund infrastructure projects, public transportation, education, or really anything else that benefits society in a more direct way."}
{"_id": "128465", "title": "", "text": "Credit is very important even if you are wealthy. One thing you may not realize is that rich people typically have comparatively little cash on hand.  If they're smart, most of their assets are not liquid - they're tied up in safe, long-term investments.  They use credit for their day-to-day expenses and pay it off from the dividends on their investments (which might only come in once a quarter). There are also tax advantages to using credit.  If a rich person wanted a new car, he'd be smarter leasing it for his business (immediate write-off of the lease payments on taxes) versus buying it (depreciation over several years plus property tax liability in some states).  There are more elaborate tax dodges but the point is that buying a car outright is the worst option in terms of tax avoidance. Another way the rich (mis) use credit is so that they don't risk their own money on business ventures.  Let's say I have $1,000,000 in my personal bank account, and I want to buy a business that costs $1M.  If I am dumb, I clean out my bank account and put all my money in the business.  I get 100% of the profits, but I also bear 100% of the risk.  If I'm smart, I loan 200K of my own money in the business and put the rest someplace safe, and get a loan from a bank for the other 800K.  If the business succeeds, the bank gets their money back plus interest.  If it fails, the business declares bankruptcy and the bank eats the 800k loss. If I structured the debt right, my personal loan to the failed business gets paid back first when the company is liquidated, and the bank gets whatever is left over (if anything).  The most of my own money I can possibly lose is 200k, and probably it's closer to zero if I have a good accountant."}
{"_id": "128469", "title": "", "text": "\"Since doodle77 handled arbitrage, I'll take goodwill.  Goodwill is an accounting term that acts much like a \"\"plug\"\" account: you add/subtract to it the amount that makes everything balance.  In the case of goodwill, it generally only applies to mergers &amp; acquisitions.  The theory (and justification) is this: firms buy other firms at prices other than the market price (usually higher), and it is assumed that this is because the acquirer values its acquisition more than other people do.  But whether you use historical prices or market prices when you add (subtract) assets and liabilities to to (from) your balance sheet, this will never add up, because you paid more (less) than the assets are worth in the market, so more (less) cash flowed out than assets flowed in.  The difference goes into the goodwill account, so firms with a large goodwill account are ones that have made lots of acquisitions.\""}
{"_id": "128470", "title": "", "text": "u just dont understand how econoics work.  private debt was over 41 trillion dollars while public debt was a mere 8 trillion in 2008.   giving pple money to spend will stimulate the private sector of the ecnomy to recover, and m2 will grow and generate much more lasting revenue for govt.    you pple just dont understand anything."}
{"_id": "128471", "title": "", "text": "You don't.  When you get to Japan, use your ATM card to withdraw local currency.  My bank (ETrade) doesn't charge me int'l fees."}
{"_id": "128476", "title": "", "text": "\"As an exercise, I want to give this a shot.  I'm not involved in a firm that cares about liquidity so all this stuff is outside my purview.  As I understand it, it goes something like this: buy side fund puts an order to the market as a whole (all or most possibly exchanges).  HFTs see that order hit the first exchange but have connectivity to exchanges further down the pipe that is faster than the buy side fund.  They immediately send their own order in, which reaches exchanges and executes before the buy side fund's order can.  They immediately put up an ask, and buy side fund's order hits that ask and is filled (I guess I'm assuming the order was a market order from the beginning).  This is in effect the HFT front running the buy side fund.    Is this accurate?  Even if true, whether I have a genuine issue with this... I'm not sure.  Has anyone on the \"\"pro-HFT\"\" side written a solid rebuttal to Lewis and Katsuyama that has solid research behind it?\""}
{"_id": "128498", "title": "", "text": "Expecting accurate accounting in a war-zone is unrealistic. Money is used to buy loyality that would be lost if it got out that they had accepted infidel invader's money. Secrets are a characteristic of all wars.  Expecting accurate accounting in a wallstreet investment firm is completely reasonable."}
{"_id": "128510", "title": "", "text": "You really have no idea what you're talking about right now. You jump to nonsensical conclusions.  Wages in the US can not support the economy. Until you can accept that I know I'm dealing with someone who believes ideology over reality."}
{"_id": "128533", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://news.ehealthinsurance.com/news/affordable-care-act-health-insurance-will-be-unaffordable-in-2018-for-many-middle-income-american-families-ehealth-analysis-shows) reduced by 94%. (I'm a bot) ***** &gt; The Affordable Care Act considers health insurance to be &amp;quot;Unaffordable&amp;quot; when annual premiums for the lowest-priced plan in a market cost more than 8.16% of a household&amp;#039;s modified adjusted gross income.  &gt; eHealth, Inc. owns eHealth.com, a leading private online health insurance exchange where individuals, families and small businesses can compare health insurance products from brand-name insurers side by side and purchase and enroll in coverage online and over the phone.  &gt; eHealth offers thousands of individual, family and small business health plans underwritten by many of the nation&amp;#039;s leading health insurance companies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73ecm7/ehealthcom_has_just_published_a_new_study_that/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219483 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **plan**^#1 **health**^#2 **insurance**^#3 **eHealth**^#4 **City**^#5\""}
{"_id": "128536", "title": "", "text": "Ad-based business model is the hands down best way to go. Imagine an internet where you had to make micropayments to every website you visited. It is just not viable.  The thing is, there are proper and improper ways to do ads. A banner ad? A text ad? Fine. Whatever.  An noisy, seizure inducing ad? Gross. A 30-second video ad to watch a Youtube video? Disgusting. A website that is 90% advertising and 10% content? Worthless."}
{"_id": "128546", "title": "", "text": "I suspect you were downvoted because you wanted to increase the size of the pie rather than argue about what percentage of it everyone gets. And the Fed is a bigger perp today than energy for wealth inequality.  Wealth creation is a far more sustainable and commonsense way to create value for the individual. Lower energy = more wealth freed up for other things.  The 1970's were the beginning of the totalitarian seizure of many areas of our economy by central planners- education, healthcare. Yes fossil fuels accelerated on their exponential cost curve but the big impacts came from gov't."}
{"_id": "128567", "title": "", "text": "Bingo.   The problem is most people associate the warranty as \u201cwarranty vs. total replacement\u201d ($300 now vs. $3,500 later) instead of \u201cwarranty vs. repair\u201d ($300 now vs. potentially $300 later). The fun part is when they still charge you.   Edit: Your grandma has had the same appliances for 15+ years without needing any repairs."}
{"_id": "128571", "title": "", "text": "Don't sit on it, because the money does not work for you. Add more money to it and buy a stock or stocks of the company."}
{"_id": "128574", "title": "", "text": "There are non-financial costs to having a debt: you need to remember to make monthly payments, perhaps keep track of changing interest rates, be aware of conditions of the debt, archive the related paperwork. Life is simpler with fewer debts, and that has value. Of course, if the difference in interest rate is large, then that is more important and the higher interest should be paid off first. But if the difference is only half a percentage point or so, you may decide that having fewer debts is in itself worth the bit of extra interest you pay."}
{"_id": "128596", "title": "", "text": "I haven\u2019t looked at their financials but the fact that everyone is getting into the SmartTV box space means they have very stiff competition.  I personally have an AppleTV, FireTV, and a Roku.  I love my Roku (headphone jack in the remote FTW) however one of my most used apps recently rolled out a major update and Roku was the last of the 3 (I believe chromecast got it earlier too) to receive the update, about 3+ months after my first device got it.  If developers begin seeing Roku as a platform to develop for \u201cwhen we get to it\u201d then I see them suffering the same fate as, Windows, BlackBerry, and Amazon phones."}
{"_id": "128614", "title": "", "text": "Even with scenario and stress testing, VaR is still rather useless.  Im sure your VaR simulator was a great piece of work but at the end of the day when things go crazy VaR as a model fails when you need it the most. Risk management in the larger banks is reporting while at funds is more active."}
{"_id": "128670", "title": "", "text": "I think that's unreasonable. If you had read the article and clicked on the Amory Lovins link you would have seen this - an article in which he talks about there being more oil in Detroit than Saudi Arabia.  Energy + Genius The Saudi Arabia Beneath Detroit Amory Lovins, 10.09.08, 06:00 PM EDT Radical efficiency can decouple us from oil for far less than making more."}
{"_id": "128674", "title": "", "text": "\"I believe the answer is \"\"no\"\", if I remember discussion at the time correctly. A reference librarian could show you how to research this. (Undervalued resource, and they love an excuse to show people how to get the most out of a library.)\""}
{"_id": "128676", "title": "", "text": "EFA must be bought and sold in US dollars. XIN allows people to buy and sell EFA in Canadian dollars without exposing their investment to unpredictable swings in the USD/CAD ratio.  This is what's known as a currency-hedged instrument. Now, why the chart sums up to over 100% is anyone's guess.  Presumably it's the result of a couple hundred rounding errors from all the components.  If you view their most recent report, it also sums up to over 100%, but at least the EFA component is (sensibly) under 100%. P.S. I'm not seeing where it says there's only one holding.  There's the primary holding, plus over 100 other cash holdings to effect the currency-hedging."}
{"_id": "128684", "title": "", "text": "Actually to be truth full..it was a little more.I believe 62 before closing costs.We also had to do a few repairs....However still yea it would be hard to buy the land and build for that price.Unless your in a really depressed area."}
{"_id": "128698", "title": "", "text": "As a new graduate, aside from the fact that you seem to have the extra $193/mo to pay more towards your loan, we don't know anything else.  I wrote a lengthy article on this in response to a friend who had a loan, but was also pondering a home purchase in the future. Student Loans and Your First Mortgage discusses the math behind one's ability to put a downpayment on a house vs having that monthly cash to pay towards the mortgage. In your case, the question is whether, in 5 years, the $8500 would be best spent as a home down payment or to pay off the 6.8% loan.  If you specifically had plans toward home ownership, the timing of that plan would affect my answer here, as I discuss in the article.  The right answer to your question can only come by knowing far more of your personal situation.  Meanwhile, the plan comes at a cost. Your plan will get rid of the loan in about 5 years, but if you simply double up the payments, advising the servicing company to apply the extra to principal, it would drop to just a couple month over over 4. As you read more about personal finance, you'll find a lot of different views. Some people are fixated on having zero debt, others will focus on liquidity. In the end, you need to understand each approach and decide what's right for you."}
{"_id": "128752", "title": "", "text": "This form is due March 15. This year, the 15th is Saturday, so the deadline is Monday March 17th.  Keep in mind, the software guys would have two choices, wait until every last form is finalized before releasing, or put the software out by late November when 80%+ are good to go.  Nothing is broken in this process. Keep in mind that there are different needs depending on the individual. I like to grab a copy in early December, and have a preliminary idea of what my return with look like. I'll also know if I'll owe so much that I should send in a quarterly tax payment.  The IRS isn't accepting any return until 1/31 I believe, so you've lost no time.  When you open the program, it usually ask to 'phone home' and update. In a couple weeks, all should be well.  (Disclosure - I have guest posted on tax issues at both TurboTax and H&R Block's blogs. The above are my own views.)"}
{"_id": "128772", "title": "", "text": "Both seem to be reasonable. To decide you need to guess if the value of the house will go up or down between now and when you sell. If you think the value will go up - reach a calculation agreement now. If you think the value will go down - wait until the house is actually sold. So ya pays yer money, and ya takes yer chances... I think I understand the two scenarios Unless you are absolutely confident that you understand both scenarios - make sure your lawyer gets involved and explains them to you until you do understand."}
{"_id": "128808", "title": "", "text": "The point is that the starvation response is not limited to crash diets (did you read the whole article?), and is apparently permanent. If you lose a significant amount of weight by any means, your body is likely to make you feel hungry for the rest of your life. Fun..."}
{"_id": "128841", "title": "", "text": "Totally. The way they're trying out a store with no check out lines for their employees..I could see why they decided to buy Whole Foods. Just curious if they will price Whole Foods competitively with other grocers like Walmart, Kroger, etc."}
{"_id": "128844", "title": "", "text": "Once a debt has gone to a debt collector, you have to work with the debt collector to settle your debt. Essentially, the department store sold your debt to the debt collector so they don't have to deal with it anymore. You have rights when contacted by debt collectors. You can negotiate a deal so that the amount you actually pay is lower than what you owe. It is illegal for them to quote you for a higher amount than what you actually owe! Also, they can't threaten you or pretend to be a credit bureau. Your best bet is to work with them and negotiate a better payment. Don't give up. Collectors often times purchase the debt for a very low amount, so even if you pay less than what you actually owe, the collector will still make a profit.  https://www.credit.com/debt/collections-crash-course/"}
{"_id": "128861", "title": "", "text": "Such activity is normally referred to as bartering income. From the IRS site - You must include in gross income in the year of receipt the fair market value of goods or services received from bartering. Generally, you report this income on Form 1040, Schedule C (PDF), Profit or Loss from Business (Sole Proprietorship), or Form 1040, Schedule C-EZ (PDF), Net Profit from Business (Sole Proprietorship). If you failed to report this income, correct your return by filing a Form 1040X (PDF), Amended U.S. Individual Income Tax Return. Refer to Topic 308 and Amended Returns for information on filing an amended return."}
{"_id": "128878", "title": "", "text": "One potentially useful option to avoid the crippling tuition fees in the states is to instead get your degree abroad. Numerous European countries have very low tuition fees, even for international students. Tuition can be as low as a 1000 EUR and housing is generally also very affordable. There is of course the language barrier but many universities are oriented towards receiving international students, providing relocation assistance and offering courses in English. As a bonus, most Europeans speak excellent English and are generally quite happy to practice it so you shouldn't have any problems off-campus either. Going to the UK is an option but likely considerably more expensive than colleges in mainland Europe. This article, while written for a Nigerian audience, lists some of the most attractive options for the international student. The quality of the education is also generally very high for these colleges. As an example Belgium, one of the cheapest options in the list, has two universities ranked in the Top 100: Leuven and Ghent. Many other German, French, Dutch or Scandinavian universities figure in that list."}
{"_id": "128884", "title": "", "text": "In general, a warrant is a security issued by a company allowing the holder to purchase a certain number of a particular class of shares at a certain price for a particular period of time.  They differ from exchange traded options (i.e. calls and puts) in that they are issued by the company that issued the underlying shares that they allow you to purchase whereas calls and puts are generally written by other investors. The other big difference between options and warrants is that options are standardized.  Any call or put you buy on a particular exchange has basically the same set of rules governing use.  By contrast, a warrant may have all kinds of stipulations that must occur before you can execute, such as price events (e.g. only if the stock hits a certain price) or business events (e.g. only if the company elects to defer payment on a bond issued at the same time as the warrant). Warrants are generally a bad choice for small and inexperienced investors since each warrant issue is different and you often need a lawyer or other qualified professional to fully understand all to possible outcomes."}
{"_id": "128888", "title": "", "text": "It is because 17th was Friday, 18th-19th were weekends and 20th was a holiday on the Toronto Stock Exchange (Family Day). Just to confirm you could have picked up another stock trading on TMX and observed the price movements."}
{"_id": "128900", "title": "", "text": "PWC sold off their consulting to IBM in 2002 and has been rebuilding, now makes 7.5B out of 29B from consulting  KPMG spun off their consulting as BearingPoint in 2001 and has been rebuilding E&amp;Y spun off their consulting as Capgemini in 2000 and has been rebuilding, now makes 4B out of 23B from consulting. Deloitte didn't spin off consulting and makes 8B out of 29B.  Actually, none make more from consulting than audit, but consulting is a big chunk for all the big4."}
{"_id": "128913", "title": "", "text": "a MUST READ for business owners who wish to improve not only their business credit ratings but also their chances of qualifying for excellent credit deals later on. please read it and suggest it to all your friends, most especially to those who are currently managing small shops and stores!"}
{"_id": "128934", "title": "", "text": "Advance technology has resulted in new and different gadgets and equipments being invented on frequent basis. Mostly all of the invented gadgets or equipments need electric supply in order to function. Therefore, regular testing and tagging of such appliances, working on electricity, becomes one of the most essential needs to be considered by you."}
{"_id": "128953", "title": "", "text": "Maybe a bit under the radar for the average/amateur investor, but I love 'em. Started trading them in college.. I love the variety of strategies one can employ, and risk management is easier (to me) than going long or short the underlying in many cases.  Pick up Hull's text on Futures, Options and Derivatives for your starter reading, then pick an economic sector that makes the most sense to you and learn it. For me, it was ag crops - corn, wheat and soybeans. Keep learning the mechanics of trading this asset class and paper trade for as long as you can."}
{"_id": "128963", "title": "", "text": "No they wouldn't.  That's from a pure math standpoint.  People would cancel like crazy if they did this, which would probably cost them money in the long run.   EDIT:  As you can see by $NFLX stock today after MISSING projections on earnings but CRUSHING subscribers, it's all about subs, not hard cash.  My point is proven."}
{"_id": "128980", "title": "", "text": "you either tell your financial department about them (e.g. I used to get a student's tax discount), or you file them separately. But you don't have to file anything by default.  That is a comment connected to the question.  In the united states you can almost achieve this. 90% of the numbers on my tax form are automated. The W-2s are sent to the IRS, the 1099-s for my non retirement accounts are also sent. The two biggest items that take time are charities, and the educational benefits. Nobody has to claim every deduction they are entitled to. They must claim all the income, and decide to take the standard deduction. It would probably take less than an hour to finish the families taxes: both federal and state."}
{"_id": "128983", "title": "", "text": "They just started advertising locally.\u00a0 For a whopping $13.25 part time you get to spend your day doing these awesome things.\u00a0 This is copied from their site.  Things you should know about working in an Amazon Delivery Station:  Safety, it\u2019s more than wearing a reflective vest. We\u2019re committed to providing one of the safest work environments, which means stretching, safety tips, and yes\u2026 following the rules.Customer-obsession. It makes your day to make someone else happy.Quality is key. You have high standards, and it shows in your work. We\u2019ll hold you to it, but only because we know our associates can handle it.\u00a0We like to keep you on your toes, associates will rotate tasks multiple times throughout the week.Amazon lets customers order whatever they need, whenever they need. Flexibility is key, associates should be open to extra hours, time off, and a rapid pace.Layer up! You should be comfortable working in an environment with varying temperatures. Many buildings have dock doors that open throughout shifts, this can cause the temperature to be high during the summer or cold during the winter depending on the location.  Got it? Okay, but what will you actually be doing?  Keep on truckin\u2019. Manage the receiving of truck deliveries and packages.Pumped up kicks. You\u2019ll stand in one place for extended periods of time, and be walking a good distance around the facility \u2013 good shoes are a must!All hands on deck! You can expect to handle packages from small envelopes to boxes ranging up to 49 pounds.On the move. You should be willing and able to operate carts, dollies, hand trucks and other moving equipment to move large quantities of merchandise.Potential opportunity to operate PIT equipment, special training is offered to associates based on interest and availability.Keepin\u2019 up with the times. You\u2019ll use a smartphone, apps, handheld devices, and can even scan a bar code or two.  Hourly Pay Rate: $13.25  Let\u2019s sweeten the deal\u2026  Weekly pay scheduleHoliday overtime payBasic Life, AD&amp;D insuranceOn-the-job training and skill developmentEmployee Assistance Program  We want you to join the team if you can check these boxes:  Blown out the candles \u2013 you are at least 18 years old.Flex, not just your muscles \u2013 you don\u2019t mind a curve ball every once in a while and you can be flexible in responsibilities.You are willing and able to work extra hours as required, bringing smiles to our customers doesn\u2019t take time off.Let\u2019s get physical \u2013 associates must, with or without reasonable accommodation, be able to lift up to 49 pounds, stand/walk for up to 8-10 hours, and be able to frequently push, pull, squat, bend, and reach.Step it up \u2013 be able to continuously climb and descend stairs safely (applies to sites with stairs)Must be able to work on a secure mezzanine at a height of up to 40 feet (applies to buildings with mezzanines)Must be willing and able to work on powered equipment-for example forklift or cherry picker"}
{"_id": "128990", "title": "", "text": "For two reasons primarily:  For one, it is very simply because China is at a different stage in its economic development than the USA. That is just a fact.  Secondly and more verbosely, the nation of China is experiencing predictable short-term gains that are primarily the result of modernization in best practices, technical skills, and equipment. The reality of the Chinese economy is that it is mostly fueled by a global need for cheap labor and a lot of it. This is thrusting many of China's still 3rd world citizens into modern era industry and production through the many nationalized development and relocation projects taken on by the government. These base realities of Chinas 'economic development', when set against any relevant metric, are in no way indicative of economic success.   If anything, the growth China is experiencing underscores the ever-present reality and impact of capitalistically driven market-based economies. In the short term, the nation will have increasing challenges appeasing and suppressing the nation's workforce as workers fight for improved workers rights/conditions. In the long-term, the nation/government will struggle with managing and planning the nation's inevitable transition into a market-based consumer economy as all those workers, in turn, spend their newly acquired wealth. In all truth, the Chinese government is almost singularly driving growth by sacrificing untold amounts of money and Chinese lives to advance an agenda that increases domestic production and attempts to modernize the largely 3rd world population into the 21st century.  *As a final note. The nations concerning disregard in the pursuit of modernizing its workforce and domestic production can best be classified as a series of human rights violations. Especially when considering the impacts and conditions for many in Chinas workforce.*"}
{"_id": "129025", "title": "", "text": "Ask someone in Human Resources. I seriously doubt you are the first person to ask this question for their company and they should be more than happy to help."}
{"_id": "129027", "title": "", "text": "Simply put, it makes sense from the moment you can afford the loss without negative consequences. For example, if your car costs $20000 and you happen to have another $20000 laying around, you can choose not to insure your car against damage. In the worst case, you can simply buy a new one. However, not insuring your car has a hidden cost: you can't long-term invest that money anymore. If your insurance costs $500 a year, and you can invest those $20000 with a return on investment of more than 2.5%, it still makes sense to invest that money while having your car insured."}
{"_id": "129034", "title": "", "text": "Have you checked to see if anything else went missing? Walmart says that because I was not the original purchaser of the gift   card, they could not help me directly Just to build on what @littleadv already gave you, my personal experience on this is that none of the companies that you'll likely be dealing with in a situation like this will be falling over themselves to help you out. Unless it also helps them for some reason, or if they're compelled by consumer laws.  If you think you should be protected from this sort of thing happening, feel free to reference the FCRA to see if you might get any consumer protections.  But just from what you've said here, it doesn't sound like you do. So if anything else went missing (or even if not), it might have been someone working for Citi, who may have had access to more of your personal information than just your card.  ID theft is unfortunately common, as a fairly easy crime to commit, a hard one to protect yourself against, and a very hard one to prosecute.  When did you last check your credit report?"}
{"_id": "129045", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.higherrockeducation.org/blog/economic-analysis-of-the-solar-eclipse) reduced by 90%. (I'm a bot) ***** &gt; According to the law of demand, as prices increase, the quantity demanded of a good or service decreases.  &gt; Factors other than price can shift the entire demand curve and cause an increase or decrease in the quantity demanded at every price point.  &gt; The slight decrease in the market price due to new suppliers was not offset by the significant increase in the demand for products and services in the path of totality.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xtrl7/economic_analysis_of_the_solar_eclipse/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~203519 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **price**^#1 **demand**^#2 **supply**^#3 **people**^#4 **totality**^#5\""}
{"_id": "129070", "title": "", "text": "You could use a stock-only ISA and invest in Exchange Traded Funds (ETFs). ETFs are managed mutual funds that trade on open exchanges in the same manner as stocks. This changes the specific fund options you have open to you, but there are so many ETFs at this point that any sector you want to invest in is almost certainly represented."}
{"_id": "129074", "title": "", "text": "There are 2 questions here; My father, an NRI, sold inherited land in India ... This transaction is taxable in India. As its inherited land, and assuming its Non-Agricultural, your Dad will have to pay tax on gains, 20% with Indexation and 10% without indexation. He wants to move the money to the USA, with minimum tax. How to go about it? Money can be moved to US, there is a limit on the amount that can be freely repatriated, the limit is more if the funds are being moved for investment, like property etc outside India."}
{"_id": "129087", "title": "", "text": "Windows 8 was made specifically for the Surface. People may say otherwise, but Microsoft would not spend so much resources on a touch bases OS unless they were making it specifically for the Surface. They are starting to do what made Apple so successful in the past decade. Pairing your own software with your own hardware."}
{"_id": "129089", "title": "", "text": "\"The \"\"more money\"\" aspect is only true if you ignore the lack of symmetry between employment and contracting. Consulting is another story altogether.  Companies are willing to pay consultants for a number of reasons but the most important is deniability.  If a decision is recommended and goes wrong then the consultants can be sued.  Liability cover is expensive. Cynicism aside, it often isn't cost-effective to keep specialists permanently on the payroll for tasks that are performed once a year. Recently I've noticed that the nature of consulting is changing.  Companies are starting to assemble brains-trusts of internal consultants who can create and manage projects while outsourcing only the labour-intensive data-collection roles.   Expect this to have a big impact on the management consulting industry.\""}
{"_id": "129107", "title": "", "text": "Just to make this a little less vauge, I will base everything on the Mercedes Benz American Express (MB AMEX) card, which is the closest to a $100 annual fee I found on American Express's website. The benefits of a card with an annual fee generally are worth the cost if (and only if) you spend enough money on the card, and avoid paying interest to offset the benefit.  Using the MB AMEX card as a reference, it offers 5X points for Mercedes Benz purchases, 3X points at gas stations, 2X points at restaurants, and 1X points everywhere else.  Even if we only make purchases at the 1X rate, it only takes charging $10,000 to the card in a year in order to make up the difference.  Not too hard to do on a card someone uses as their main method of payment.  Every dollar spent at the higher rates only makes that easier. There are a number of other benefits as well.  After spending $5,000 on the card in a year, you receive a $500 gift card towards the purchase of a Mercedes Benz car.  For anyone on the market for a Mercedes Benz, the card pays for itself multiple times with just this benefit."}
{"_id": "129133", "title": "", "text": "&gt; there is no way they will let it collapse   Do you think they would have let it get to the point of imminent collapse, if they could do anything about it?  Why do you think they will have any more power over the next stage in this debacle?"}
{"_id": "129135", "title": "", "text": "A standard mortgage lead generation strategy even so, is usually to purchase meticulously picked out lists of probable customers via mortgage lead generation companies, tailored in lead generation. The lead technique could cost substantially when compared with advertising, nonetheless in the lead structure, your service must be zeroed in on for preferred customers so, and who could possibly be engaged to obtain your product or service. Thus likewise supplies mortgage lead generation job opportunities, generating a beneficial win-win answer for all."}
{"_id": "129136", "title": "", "text": "\"When people (even people in the media) say: \"\"The stock market is up because of X\"\" or \"\"The stock market is down because of Y\"\", they are often engaging in what Nicolas Taleb calls the narrative falacy. They see the market has moved in one direction or another, they open their newspaper, pick a headline that provides a plausible reason for the market to move, and say: \"\"Oh, that is why the stock market is down\"\". Very rarely do statements like this actually come from research, asking people why they bought or sold that day. Sometimes they may be right, but it is usually just story telling. In terms of old fashioned logic this is called the \"\"post hoc, ergo proper hoc\"\" fallacy. Now all the points people have raised about the US deficit may be valid, and there are plenty of reasons for worrying about the future of the world economy, but they were all known before the S&P report, which didn't really provide the markets with much new information. Note also that the actual bond market didn't move much after hearing the same report, in fact the price of 10 year US Treasury bonds actually rose a tiny bit. Take these simple statements about what makes the market go up or down on any given day with several fistfuls of salt.\""}
{"_id": "129137", "title": "", "text": "So wrong, on so many levels. You trust content from WP? Full of IC operatives and presstitutes. The little restrictions we have on imported steel do nothing to slow the market inundation of poor-quality (read: Chinese) steel. Since when does the Pentagon have the USA's economic interests in mind? Lastly, Buy-American/Sell-American is guaranteed to reinvigorate the country's economy. The money is reinvested in OUR country. And the surplus can be exported. We make quality goods, not mass production goods of lesser quality like Xi Ping's knock-off steel. #MAGA"}
{"_id": "129149", "title": "", "text": "I wrote this in another thread but is also applicable here. In general people make some key mistakes with property: Not factoring in depreciation properly. Houses are perpetually falling down, and if you are renting them perpetually being trashed by the tenants as well - particularly in bad areas. Accurate depreciation costs can often run in the 5-20% range per year depending on the property/area. Add insurance to this as well or be prepared to lose the whole thing in a disaster. Related to 1), they take the index price of house price rises as something they can achieve, when in reality a lot of the house price 'rise' is just everyone having to spend a lot of money keeping them standing up. No investor can actually track a house price graph due to 1) so be careful to make reasonable assumptions about actual achievable future growth (in your example, they could well be lagging inflation/barely growing if you are not pricing in upkeep and depreciation properly). Failure to price in the huge transaction costs (often 5%+ per sale) and capital gains/other taxes (depends on the exact tax structure where you are). These add up very fast if you are buying and selling at all frequently. Costs in either time or fees to real estate rental agents. Having to fill, check, evict, fix and maintain rental properties is a lot more work than most people realise, and you either have to pay this in your own time or someone else\u2019s. Again, has to be factored in. Liquidity issues. Selling houses in down markets is very, very hard. They are not like stocks where they can be moved quickly. Houses can often sit on the market for years before sale if you are not prepared to take low prices. As the bank owns your house if you fail to pay the mortgage (rents collapse, loss of job etc) they can force you to fire sale it leaving you in a whole world of pain depending on the exact legal system (negative equity etc). These factors are generally correlated if you work in the same cities you are buying in so quite a lot of potential long tail risk if the regional economy collapses. Finally, if you\u2019re young they can tie you to areas where your earnings potential is limited. Renting can be immensely beneficial early on in a career as it gives you huge freedom to up sticks and leave fast when new opportunities arise. Locking yourself into 20 yr+ contracts/landlord activities when young can be hugely inhibiting to your earnings potential. Without more details on the exact legal framework, area, house type etc it\u2019s hard to give more specific advise, but in general you need a very large margin of safety with property due to all of the above, so if the numbers you\u2019re running are coming out close (and they are here), it\u2019s probably not worth it, and you\u2019re better of sticking with more hands off investments like stocks and bonds."}
{"_id": "129171", "title": "", "text": "&gt;it was simply a vote on the definition of celestial bodies in the galaxy being voted on by an international coalition of scientists (IAU).  He changed it at the Hayden Planetarium before the vote.  &gt;since it's larger than pluto  It's not.  It is more massive, not larger.  &gt;Xena was going to be the 10th planet in the solar system after it was discovered  Ok?    The definition of planet is arbitrary and it would be easy to make a definition to include or exclude.  The decision to lead the charge for declassify is a publicity move that worked very well for him."}
{"_id": "129177", "title": "", "text": "between two people purchasing a house together, one with good and one with bad credit, will having both persons on the loan raise the interest rates. If the house deed is on both names, generally the Bank would insist the loan should also be on both of your names. This to ensure that Bank has enough leverage to recover the house in case of default. If one of you has bad credit, bank would raise the interest rate, assumption that bad credit would drag the good credit and force him to some activities / actions that could stretch the finance of one with good credit. If timely payments are not made, it would make your good credit to bad. If the house deed is on only on your name and you can get the loan on your own, this would be a better position. If the house deed is on only on your name and you would like to loan to be on both names, then the positive side is credit score of the person with bad credit would start showing improvement over period, provided both of you make timely payments. As pointed out by keshlam, there are enough question where people have entered into agreement without deciding what would happen if they separate. There is no right / wrong answer. It would be best you decide how it would be with respect to the ownership in the house and with respect to payments and if in worst case you part ways, how the settlement should look like."}
{"_id": "129187", "title": "", "text": "\"You bring up good points. But Facebook is getting a lot of bad press and folks are starting to get a little paranoid. I can see the website's traffic decrease because of this (at least form users in the \"\"Western\"\" world). So perhaps my idea might work for Facebook? Maybe they should offer a two-tier system before it loses its users?\""}
{"_id": "129189", "title": "", "text": "Yes, retail stores will let you use multiple cards to make a purchase. Just be sure to know the exact balance on each one and tell the cashier how much you'd like to put on each card. If you don't know the balance and try to charge more than what is available, your card will be declined."}
{"_id": "129195", "title": "", "text": "\"For those not using ad and script-blockers:  &gt; TOKYO (AP) \u2014 The head of Japanese automaker Subaru bowed deeply in apology Friday as the company admitted that it has been carrying out flawed inspections of its Japan-made cars for years.  &gt; The announcement by Subaru's chief executive and president, Yasuyuki Yoshinaga, was the latest in a flurry of such scandals. Earlier this month Nissan Motor Co. recalled more than 1 million domestically made cars because of faulty routine tests.  &gt; Subaru will submit a report on the problem to the government on Monday, Yoshinaga told reporters. He said a domestic recall is likely, spanning the entire Subaru lineup totaling 255,000 vehicles.  &gt; \"\"We are truly sorry, and we apologize,\"\" Yoshinaga said, after bowing deeply. \"\"We all wanted to do the tests properly.\"\"  &gt; The government ordered automakers to check their inspection procedures after Nissan apologized for allowing unauthorized employees to do final vehicle checks for years.  &gt; The scandals have stunned the public and cast a shadow over this nation's prized image for \"\"monozukuri\"\" or craftsman-like production, reputed for high quality and meticulousness.  &gt; Yoshinaga said the faulty inspections for Subaru's finished products had been going on for 30 years. The workers involved did not fully realize their method was wrong, and a thorough review of the entire inspection system is needed, he said.  &gt; Workers who didn't have enough experience to do checks borrowed Japanese \"\"hanko\"\" seals from authorized employees and stamped documents to show vehicles had passed the tests, according to the company. The recalls are expected to cost 5 billion yen ($44 million), it said.  &gt; Subaru, formerly called Fuji Heavy Industries, is partnered with Toyota Motor Corp., a top shareholder. Toyota and Honda Motor Co. have said they did not have dubious inspections. Toyota said it was checking with Subaru on the reported irregularities.  &gt; Nissan is recalling more than a million vehicles in Japan to re-inspect them, and has set up an investigative team that includes a third party to get to the bottom of the scandal and prevent a recurrence.  &gt; The problem does not affect Nissan vehicles sold outside Japan and is not believed to have affected vehicle safety as they were final-stage checks.  &gt; But the scandal raises serious questions about ethics and professionalism at Nissan, which makes the Leaf electric car and Infiniti luxury models, and is allied with Renault SA of France and Mitsubishi Motors Corp. of Japan.  &gt; Reporters peppered Subaru's Yoshinaga with questions about why it took so long after the Nissan scandal for Subaru to come forward.  &gt; \"\"I always wanted to make my company a great company, and I now know we had not done enough,\"\" he said. \"\"I am so ashamed that my company has become a cause for tarnishing Japanese monozukuri.\"\"  &gt; The auto industry has been hit by a series of scandals.  &gt; Nissan took a controlling stake in Mitsubishi Motors last year after that company was caught inflating fuel economy figures for its minicar models, which are also sold under the Nissan brand.  &gt; Japanese supplier Kobe Steel acknowledged recently it had systematically falsified data on its products, including steel, aluminum, copper and other materials, affecting some 500 companies including major global automakers, as well as the aircraft, electronics and railway industries.  &gt; Volkswagen AG of Germany acknowledged in 2015 that it had equipped its diesel cars with illegal software that enabled cheating on U.S. emissions tests. Volkswagen has agreed to more than $20 billion in fines and civil settlements over the scandal.  &gt; Air-bag maker Takata Corp. filed for bankruptcy protection after some 100 million air-bag inflators were recalled worldwide. The defect has been linked to 19 deaths and dozens of injuries.\""}
{"_id": "129196", "title": "", "text": "I certainly do not agree and you are making some sweeping statements without backing them up. What I am saying is that a company cannot make a promise of credit to an employee without having something to back that up. If you don't have that then you cannot offer pensions or other futures that you cannot ensure are going to be properly funded. No one forces a company to offer pensions in this day and age (there are exceptions of course) so they do not need to offer it at all.   Things like pensions are often used as incentives that can be provided in lieu of cash payments to the employee. If we are going to make cash like exchanges of value then that value should be just as guaranteed as it is when the company promises to pay back a loan.   In short you should not be able to hire employees on a financial promise you cannot keep in good faith. If for some reason you cannot keep that promise, just like with standard credit it should hurt you.   Or you know, as a company don't make BS promises and just pay people what they are worth."}
{"_id": "129203", "title": "", "text": "Since insurance is priced for profit, the price will be more than the price of a new phone multiplied against the chance of loss and payout.  Otherwise insurance would not be offered since there was no money to be made by the insurance company. The idea of insurance is that you are pooling your risk with everyone else.  You all definitely pay a little (insurance premium) instead of any of you maybe paying a lot (when a phone is destroyed).  The question is not whether it is a good investment (almost surely no), but whether the loss at a random time would be too crippling to be absorbed by you when it happened.  If you can afford a new phone without financial difficulty if it were destroyed then you should generally not buy insurance. One other factor could be that although you are in the same risk pool as everyone else (everyone pays the same rate), but your situation has a higher risk than most, insurance can be a better deal, though the better investment over time would be to correct the risky situation instead of buying insurance.  This could be that you have a habit of losing things, live in an area where phones are stolen often, have pets that destroy your belongings, etc. Statistically, you will come out ahead not buying insurance, but you are accepting an unknown outcome."}
{"_id": "129204", "title": "", "text": "\"No our fiscal cliff is the result of, in part, a terrific degree of uncertainty of the market in 2013. The analogy would be more like \"\"we know the guy who has been taking our milk money might want to take our lunch money next week.\"\" So businesses across the board are being more cautious.\""}
{"_id": "129255", "title": "", "text": "Investing is really about learning your own comfort level.  You will make money and lose money. You will make mistakes but you will also learn a great deal. First off, invest in your own financial knowledge, this doesn't require capital at all but a commitment. No one will watch or care for your own money better than yourself. Read books, and follow some companies in a Google Finance virtual portfolio. Track how they're doing over time - you can do this as a virtual portfolio without actually spending or losing money.  Have you ever invested before? What is your knowledge level? Investing long term is about trying to balance risk while reducing losses and trying not to get screwed along the way (by people).  My personal advice: Go to an independent financial planner, go to one that charges you per hour only. Financial planners that don't charge you hourly get paid in commissions. They will be biased to sell you what puts the most money in their pockets. Do not go to the banks investment people, they are employed by the banks who have sales and quota requirements to have you invest and push their own investment vehicles like mutual funds. Take $15k to the financial planner and see what they suggest. Keep the other $5K in something slow and boring and $1k under your mattress in actual cash as an emergency. While you're young, compound interest is the magic that will make that $25k increase hand over fist in time. But you need to have it consistently make money. I'm young too and more risk tolerant because I have time. While I get older I can start to scale back my risk because I'm nearing retirement and preserve instead of try to make returns."}
{"_id": "129261", "title": "", "text": "Great blog you have here but I was wondering if you knew of any community forums that cover the same topics discussed here? I\u2019d really like to be a part of online community where I can get advice from other experienced people that share the same interest. If you have any suggestions, please let me know. Thanks a lot!"}
{"_id": "129264", "title": "", "text": "I think it's going to be a tough sell for their older user base. Most of their clientele is probably not going to jump online to watch the latest CSI/NCIS spinoff. If they want this to succeed, they should go after a younger demographic with shows like How I Met Your Mother and whatnot."}
{"_id": "129272", "title": "", "text": "\"The IRS doesn't tax \"\"increased wealth\"\" They tax Revenue -- income.  If this money or property came to you as a gift, you would owe no tax on it but the giver probably would owe gift tax.  If it came to you as a loan, you would owe no tax on it but the lender would owe tax on any interest you pay (and must charge at least minimal interest, though they could give that to you as a gift and possibly not have it be taxable). But if came as payment for goods or services or investment or anything of that sort, and you aren't demonstrably tax-exempt, it is income and you are responsible for declaring it as such and paying tax on it.\""}
{"_id": "129306", "title": "", "text": "\"If you want to have your wife stay home with kids, you'll have to make a plan to get there. As you point out, your situation right now won't support this. Create a budget that will work for you with a single income -- a \"\"zero based\"\" budget, not a budget based on your current expense structure. Figure out what you can afford on just your income for housing, church, food, transport, etc. Or apply the same idea on the assumption that she will keep working -- budget based on a second income plus child care expenses. Then you can decide what you have to change in order for that to work: maybe it means selling your house, renting, relocating, selling a car, finding a better or second job, etc. Then decide what you need to do in order to make these changes.\""}
{"_id": "129307", "title": "", "text": "Wikipedia has a detailed article explaining this. A standard, commercial letter of credit (LC) is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking. So yes, they are primarily for use by businesses. If you will read the article stating the terms and conditions for payment and shipment you will realize that such model won't be of much value to and will create many hurdles for a typical consumer. Yes, you can cash a letter of credit but only once the conditions in the letter have been met (e.g., delivery/shipment of goods/services). An array of documents need to be presented as well. Whether it is easy or not is a very subjective question.  A bank will issue a letter of credit only when it is reasonably sure that its risk is covered --either backed by a bank deposit or by conditions in the letter itself. Obviously derivatives on these letters have evolved as well."}
{"_id": "129309", "title": "", "text": "\"I was wondering how \"\"future cash flows of the asset\"\" are predicted? Are they also predicted using fundamental and/or technical analysis? There are a many ways to forecast the future cash flows of assets. For example, for companies: It seems like calculating expected/required rate using CAPM does not belong to either fundamental or technical analysis, does it? I would qualify the CAPM as quantitative analysis because it's mathematics and statistics. It's not really fundamental since its does not relies on economical data (except the prices). And as for technical analysis, the term is often used as a synonym for graphical analysis or chartism, but quantitative analysis can also be referred as technical analysis. the present value of future cash flows [...] (called intrinsic price/value, if I am correct?) Yes you are correct. I wonder when deciding whether an asset is over/fair/under-valued, ususally what kind of price is compared to what other kind of price? If it's only to compare with the price, usually, the Net asset value (which is the book value), the Discount Cash flows (the intrinsic value) and the price of comparable companies and the CAPM are used in comparison to current market price of the asset that you are studying. Why is it in the quote to compare the first two kinds of prices, instead of comparing the current real price on the markets to any of the other three kinds? Actually the last line of the quote says that the comparison is done on the observed price which is the market price (the other prices can't really be observed). But, think that the part: an asset is correctly priced when its estimated price is the same as the present value of future cash flows of the asset means that, since the CAPM gives you an expected rate of return, by using this rate to compute the present value of future cash flows of the asset, you should have the same predicted price. I wrote this post explaining some valuation strategies. Maybe you can find some more information by reading it.\""}
{"_id": "129319", "title": "", "text": "yAnother potential tool for you would be a Monte Carlo Simulator.   here's one  http://financial-dictionary.thefreedictionary.com/Business+Fundamentals I know that past performance is no guarantee.....  but I think it's in many cases not exactly a flawed tool, and especially with respect to money managers a good way to find good ones.  If a manager has shown an ability over time to consistently beat the market, yes he might be due for a bad day, but you'd generally expect that they should be able to continue that trend. I'd apply the same logic to pundits.  If their track record sucks, and they constantly seem to whipsaw you with their advice, why listen to them other than"}
{"_id": "129327", "title": "", "text": "Your example shows a 4% dividend.  If we assume the stock continues to yield 4%, the math drops to something simple. Rule of 72 says your shares will double in 18 years. So in 18 years, 1000 shares will be 2000, at whatever price it's trading.  Shares X (1.04)^N years = shares after N years. This is as good an oversimplification as any."}
{"_id": "129345", "title": "", "text": "\"Yes... but it is a matter of balancing risks.  It is wiser to keep a small amount of \"\"ready cash\"\" as an emergency/buffer -- and to suffer the gradual loss to inflation...  Than it is risk becoming \"\"stuck\"\" in an emergency with zero dollars in any (low or no cost) source of funds -- those kinds of \"\"emergencies\"\" ($500 or $1,000 \"\"unexpected/unbudgeted\"\" expenses) are fairly frequent and virtually inevitable.  You lose vastly MORE money when you are forced to borrow those amounts (interest -- even **low-rate** loans -- is virtually always higher than the average inflation rate).\""}
{"_id": "129350", "title": "", "text": "There are many reasons for buying new versus used vehicles. Price is not the only factor.  This is an individual decision. Although interesting to examine from a macro perspective, each vehicle purchase is made by an individual, weighing many factors that vary in importance by that individual, based upon their specific needs and values. I have purchased both new and used cars, and I have weighted each of these factors as part of each decision (and the relative weightings have varied based upon my individual situation). Read Freakonomics to gain a better understanding of the reasons why you cannot find a good used car. The summary is the imbalance of knowledge between the buyer and seller, and the lack of trust. Although much of economics assumes perfect market information, margin (profit) comes from uncertainty, or an imbalance of knowledge.  Buying a used car requires a certain amount of faith in people, and you cannot always trust the trading partner to be honest. Price - The price, or more precisely, the value proposition of the vehicle is a large concern for many of us (larger than we might prefer that it be). Selection - A buyer has the largest selection of vehicles when they shop for a new vehicle. Finding the color, features, and upgrades that you want on your vehicle can be much harder, even impossible, for the used buyer. And once you have found the exact vehicle you want, now you have to determine whether the vehicle has problems, and can be purchased at your price. Preference - A buyer may simply prefer to have a vehicle that looks new, smells new, is clean, and does not have all the imperfections that even a gently used vehicle would exhibit. This may include issues of pride, image, and status, where the buyer may have strong emotional or psychological needs to statisfy through ownership of a particular vehicle with particular features. Reviews - New vehicles have mountains of information available to buyers, who can read about safety and reliability ratings, learn about problems from the trade press, and even price shop and compare between brands and models. Contrasted with the minimal information available to used vehicle shoppers. Unbalanced Knowledge - The seller of a used car has much greater knowledge of the vehicle, and thus much greater power in the negotiation process. Buying a used car is going to cost you more money than the value of the car, unless the seller has poor knowledge of the market. And since many used cars are sold by dealers (who have often taken advantage of the less knowledgeable sellers in their transaction), you are unlikely to purchase the vehicle at a good price. Fear/Risk - Many people want transportation, and buying a used car comes with risk. And that risk includes both the direct cost of repairs, and the inconvenience of both the repair and the loss of work that accompanies problems. Knowing that the car has not been abused, that there are no hidden or lurking problems waiting to leave you stranded is valuable. Placing a price on the risk of a used car is hard, especially for those who only want a reliable vehicle to drive. Placing an estimate on the risk cost of a used car is one area where the seller has a distinct advantage. Warranties - New vehicles come with substantial warranties, and this is another aspect of the Fear/Risk point above. A new vehicle does not have unknown risk associated with the purchase, and also comes with peace of mind through a manufacturer warranty. You can purchase a used car warranty, but they are expensive, and often come with (different) problems. Finance Terms - A buyer can purchase a new vehicle with lower financing rate than a used vehicle. And you get nothing of value from the additional finance charges, so the difference between a new and used car also includes higher finance costs. Own versus Rent - You are assuming that people actually want to 'own' their cars. And I would suggest that people want to 'own' their car until it begins to present problems (repair and maintenance issues), and then they want a new vehicle to replace it. But renting or leasing a vehicle is an even more expensive, and less flexible means to obtain transportation. Expense Allocation - A vehicle is an expense. As the owner of a vehicle, you are willing to pay for that expense, to fill your need for transportation. Paying for the product as you use the product makes sense, and financing is one way to align the payment with the consumption of the product, and to pay for the expense of the vehicle as you enjoy the benefit of the vehicle. Capital Allocation - A buyer may need a vehicle (either to commute to work, school, doctor, or for work or business), but either lack the capital or be unwilling to commit the capital to the vehicle purchase. Vehicle financing is one area banks have been willing to lend, so buying a new vehicle may free capital to use to pay down other debts (credit cards, loans). The buyer may not have savings, but be able to obtain financing to solve that need. Remember, people need transportation. And they are willing to pay to fill their need. But they also have varying needs for all of the above factors, and each of those factors may offer value to different individuals."}
{"_id": "129352", "title": "", "text": "Buy gold, real coins not paper. And do not keep it in a bank."}
{"_id": "129355", "title": "", "text": "\"The tax system in general, and income tax in particular, is used for several purposes at once. One of those purposes is to raise money to run the government. It isn't the only purpose of income tax, and income tax isn't the only source of money to run the government. Try a thought experiment: let's say it costs $10,000 per person per year to run the government. (It might actually cost far more or far less, that's not the point.) A super simple tax system would just ask each person for $10,000. But such a system isn't fair. Some people don't even earn $10,000 so they are literally not able to pay that. Some people, who earn a lot, can easily afford to pay more. So a still-pretty simple approach asks each person to pay a particular percentage of their income, and the hope is that this will add up to enough to run the government. This still doesn't feel fair to everyone - 10% of your income is hard to find when you're spending it all on rent and food, and easy to find when you have way more than you \"\"need\"\". So many countries have what's called a \"\"progressive\"\" system of income tax where you pay no tax on the first X of your income, then a small percentage on the next Y, a larger percentage on the next Z and so on.  But you asked about business profit. Some places don't tax business profits at all - they just collect income taxes on people once the money reaches them as salary or dividends. Other places do. Just as a person who doesn't earn any income can't send the government money, a business that spent more on expenses than it brought in as revenue can't send the government money either. So the tax is on profit. That seems fairer to most people anyway. Things then get even more complicated for both business and personal income taxes because the government uses the system to encourage certain behaviours and to help people facing hard times. If you want to encourage people to get training and move into higher paying jobs, you might make tuition tax deductible. Most countries give a tax deduction for each small child you have. This isn't because people with children use less of the services government provides, is it? Instead it's an acknowledgement that people with children generally have less money to spend. Or an encouragement to have children, or something. Tax motivations are complicated.  If you charged all businesses a flat tax regardless of whether they were making or losing money, people might be hesitant to start companies that lose money at first. There might be less entrepreneurship in that country. If instead you only tax profits, it feels fairer and more people are likely to join in. So that's what most governments do. Is the imaginary business owner who is not turning a profit somehow getting a free ride? They are still paying tax. If they took any salary for themselves, there was personal income tax on that. Everything the company bought, it paid sales tax on. There may have been excise taxes and such in other things they bought. The economic activity of the business has been driving the wheel of the local economy and spinning off some taxes at various levels that whole time. Whether the business itself is chipping in some corporate income tax too may not end up being particularly relevant. Example: a sole proprietor has revenue of $100,000 and spends $10,000 on supplies and such. If the salary to the owner is $89,000 the company has a $1000 profit which it pays tax on. If the salary to the owner is $91,000 the company has a $1000 loss and doesn't pay tax (and may be able to use the loss to reduce taxes in a future year.) So what? The owner is paying personal income tax on roughly $90,000. The government is getting the support it needs. Yes, some owners do all the \"\"encouraged\"\" things so that some income is not taxed either in the business or the personal sphere. That is presumably what the government wanted when it set those things up as deductions. Making charitable contributions, hiring new employees, building new facilities ... essentially the government is paying the business to do those things because they're good for the country. The overall government budget (funded by personal and corporate income tax along with sales tax, excises taxes etc) is supposed to achieve certain goals which include roads and schools but also job creation and the like. This is one of the ways they do that.\""}
{"_id": "129362", "title": "", "text": "First of all any loan will have the last payment be slightly different than the rest. Even if the interest rate is zero it is hard to have a perfect monthly payment amount. By perfect I mean the amount of the loan divided by the number of months would be $ddd.cc0000...  When looking at the amortization table the last payment will either be slightly higher or lower to adjust for the rounding that was done. My suspicion is that the rounding would have resulted in a left over 12 cents. It is also possible that you are paying it off slightly early and the computer is simply taking the leftover amount an spreading it over the remaining period of the loan. You could be paying it early because for the main part of the loan was paid to a company that rounds all payments to the higher dollar, or has a minimum monthly payment amount. I looked at the company you mentioned in the question, and searched the site for an amortization tool. I found it, and used the pre-filled in example. https://www.edfinancial.com/amortizationschedule?pmts=120&intr=6.8&prin=25000 If that last payment is not adjusted the borrower will still owe $0.12. The fact it equals your situation is a coincidence. But is does show what can happen."}
{"_id": "129363", "title": "", "text": "\"XE Trade advertises the following features: So if you think you can predict where rates are going enough to set your bid at a level that you think will be a good deal, you have the opportunity to do that with XE's service.   I do not work for XE trade and do not care or receive any financial benefit if you use them or not.  I'm just aware of an offering out there that seems like it might answer the question you've asked and am providing an answer that seems like it might be helpful.  If you do find the answer helpful, feel free to upvote/accept as appropriate; if you are aware of significant cons or limitations please comment or edit.  While this may answer the question you asked, the underlying question cannot be addressed without knowing more about what's behind \"\"Sadly I cannot sell the property.\"\" When it's clear you think \"\"having stupid Spain in my life is like a ball and chain around my leg,\"\" sale of the property seems like a good option.\""}
{"_id": "129364", "title": "", "text": "\"So my read on the question is \"\"How do I invest 300k such that it earns me a 'living wage' without the ongoing grind inherent in most formal employment?\"\"  Reading the other answers to date it looks like most of them are thinking in terms of investment accounts and trying to live off of the earnings from such.  I wanted to throw out a couple of alternative choices that may be worth considering... The first is real-estate investing.  $300k should allow you to pick up 2 or 3 single family dwellings with little or no mortgage.  Turning them into rentals placed with a good property management company should easily pay their expenses and provide a consistent income with minimal effort/attention from you.  Similar story with buying into multifamily housing or commercial real-estate. Your key concern here is picking the right market in which to buy and finding a reputable manager to handle the day to day issues on your behalf. Note that you are not overly concerned with the potential resale value of the property(s), but the probable rental income they can generate, these are separate concerns that may not align with each other. Second is buying/founding a business that has a general manager other than yourself.  Franchise ownership may be a potential option for you under the circumstances.  The key concern here is picking the business, location, and manager that make you comfortable in terms of the risk involved.  You need the place to make enough money to pay for itself and the salary of everyone working there, with enough left over for you to live on.  Sounds easy enough, but not so much in practice.  Generally you can expect at least a few years of being hands on and watching things very closely to make sure it is going the way you want it to.  Finding a mentor who has done this type of transition before to walk you through it would be strongly advised.  So would preparing yourself for a failure or two before you work out the exact combination of factors that work for you.\""}
{"_id": "129373", "title": "", "text": "Another thing that's often overlooked is the hiring of felons. I'm not going to say I support it. But now adays companies can pay $1 and get a nationwide background check that often includes even things that were expunged off records.  In the past as a felon you just had to go to a different state and you could get a job anywhere.  Most didn't do background checks anyway."}
{"_id": "129377", "title": "", "text": "\"Is that it?  You hardly put any effort into it . .  over the last week you have desensitized America and now you have to top talking smack to a war veteran widow to deliver Americas week end Cringe worthy Moment.  Come one . .lets get your blood flowing  The Iranian Ayatollah called you a \"\"Mental Retard\"\", thats Persian for \"\"Fucking Moron\"\"   3...2...1  Your on!!\""}
{"_id": "129391", "title": "", "text": "They are like the other extreme from Apple.  Apple hoards way too much cash but RIM didn't hoard nearly enough.  Had RIM just waited they'd be able to buy the entire company now for what they spent on buybacks in 2011.  That is mind blowing."}
{"_id": "129396", "title": "", "text": "The usual lazy recommendation: See what similar objects, in similar condition, of similar age, have sold for recently on eBay. That establishes a fair market value by directly polling the market."}
{"_id": "129428", "title": "", "text": "Thanks for your reply.  I agree shooting down the majority of Chinese as being shady is perhaps unfair. I was just left with a really bad taste after all the crazy situations I was in during those 10 years. I am sure they have some strong opinions about Americans also.   On the USA side I did bring my usual law firm in on a consultation and even contacted and consulted with a firm who specializes in Transportation Law. My wife and the Chinese side thought that was a waste of money - but it was valuable on answering many of the questions you bought up, including things like a DOT registration and so on. As for it being salvageable, I think not, as I cannot work with someone I don\u2019t trust. The \u201crecovery\u201d is not much - just under $3000, as it was caught before the warehouse lease was signed/etc.  part of the problem was I required a \u201cgood faith\u201d payment from them before the lease signing which they did not do. The Chinese side is scared of me for some of the reasons I alluded too in my original post - and they have agreed to pay that amount on Monday. I will give them a receipt for their payment, and move on without any further action. I think my wife has learned a lot from this - I have perhaps also - both about my wife and what she is willing to do and how much she wants to start a business. I agree that my demeanor is perhaps not 100% when I feel slighted - I will try to temper that some in future - but most importantly - through clearly defined roles and responsibilities. Thanks again!"}
{"_id": "129439", "title": "", "text": "Keep in mind, there are times that house is in such bad shape that it's going to need 6 months of renovations, in which case you might ask the town if they are willing to reappraise a lower value until the work is completed. Keep in mind, you'll get a new appraisal when permitted (I mean pulling a permit from the town) work is done. I finished my basement and the town was eager to send the appraiser over even before work was fully complete."}
{"_id": "129454", "title": "", "text": "There is no margin call. Inverse ETFs use derivatives that would lose value in the case you describe though this doesn't force a margin call as you may be misunderstanding how these funds are constructed."}
{"_id": "129462", "title": "", "text": "To add technical detail to other answers, your (and some commenters') estimates of storing that data is woefully (many orders of magnitude) off. Let's take your 10MB of transaction data per user. You're only estimating text records like in Quicken. Now add on the volume of storing everye check's image. That's 100K (if not 500Kb depending on resolution of the scan) per check. If you have 100 checks per year (not unrealistic, if you pay all utility/morgage bills by check, as well as purchases), you now have 10Mb/year to 50MB/year. Now you're asking for 10 years of this, so you have 100-500MB per customer. NOT 10MB-70MB as you initially assumed. Let's take a mid-range figure, 300 MB. You were estimating using consumer grate cheap-o storage (which Facebook can afford for their data, as they don't store transaction data). Now let's up that to enterprise server hard drives. Your storage costs just rose 2x-5x. Now, typically you'd have RAID. So 2x more. Most large financial institutions have multiple data centers. You typically store all data's copies in those data centers for DR purposes. Your multiplier added another 2x-4x Most production data servers have multiple copies (Write DB server + one or more read-only copies). Multiply by 2x-4x With some rare exceptions, most banks don't just have one central database server. Each major app  / business line would have its own DB, so you multiply that by 2x-20x depending on the bank, especially if it's arrived at its size by merging with other banks and has dozens of inherited legacy systems. multiple backups. Regulatory backup requirements means you don't just back up your data once a year. You do it daily, till the data is purged from DB. Meaning, you don't store ONE copy of your transaction in backup. You stored, say, 10*365 copies, assuming 10 year retention) So, at the low end, your cost estimates are 30*2*2*2*2*2 = 900 times off (3 orders of magnitude) just for live database storage, and 3500 times off for backup costs. At the high end, they could be 50*5*2*4*4*20=16,000 times off (4-5 orders of magnitude) At this range, no, it isn't worth it for the bank to keep your transactions available in DB and online any longer than bare-bones absolutely critically necessary."}
{"_id": "129466", "title": "", "text": "I wouldn't only consider the entry/exit cost per trade. That's a good comparison page by the way. I would also consider the following. This depends if you are planning on using your online broker to provide all the information for you to trade. I have lower expectations of my online broker, not meant to be harsh on the online brokers, but I expect brokers to assist me in buying/selling, not in selecting. Edit: to add to the answer following a comment. Here are three pieces of software to assist in stock selection"}
{"_id": "129473", "title": "", "text": "\"It's a matter of social policy. The government wants people to make long term investments because that would lead to other long-term government goals: employment, manufacturing, economical growth in general. While speculative investments and day-trading are not in any way discouraged, investments that contribute to the economy as a whole and not just the investor are encouraged by the lower tax rates on the profits. While some people consider it to be a \"\"fig leaf\"\", I consider these people to be populists and dishonest. Claiming that long term social goals are somehow bad is hypocrisy. Claiming that short-term trading contributes to the economy as a whole is a plain lie.\""}
{"_id": "129480", "title": "", "text": "Are my mortgage terms locked in? Who oversees this? Yes your terms like rate, balance, penalties, due dates, are all covered in the mortgage documents. Those will not change. If the mortgage is an adjustable or has a balloon payment those terms will be followed by the new company. That being said, mistakes can be made. Double check everything. I had a transfer get messed up once, and all the terms were wrong. It took a few months but everything was worked out. In fact because they first tried to stonewall me I was able to negotiate some additional concessions out of them. Running your own escrow account is one thing you always want to do. That makes sure that the taxes and insurance are always paid by you, even if the servicing company has a glitch. Generally you have to have enough equity to not have PMI in order to get them to agree to the self-escrow option. If you have a problem with the servicing company then contact the Consumer Finance Protection Bureau a part of the US Government. They have only been a round a few years, thus I have no experience with them. Have an issue with a financial product or service? We'll forward your   complaint to the company and work to get a response from them. The last few times I applied for a mortgage or refinanced a mortgage the lender had to reveal as part of the application stage the percentage of recent mortgages they still own/service. Check those numbers the next time you apply."}
{"_id": "129481", "title": "", "text": "I'm going to guess that you found this because of a stock screener.  This company went through a 1:20 reverse split on June 30, so every 20 shares outstanding became a single share.  Where before you had 20 shares worth $100 you now have 1 share worth $100, the value of the company doesn't change because of a split.  This company was never trading for $30+ per share.  Reverse splits are typical of a floundering company trading on an exchange that has a minimum share price requirement.  While reverse splits don't change the value of the company, just the number of shares outstanding and the price per share, no healthy company performs a reverse split.  Reverse splits are generally a massive signal to jump ship... The company seems to be trading for $1 right now, why the value fell from a pre-split $1.65 ($33/20) to $1 is anyone's guess; how the company ever got to $1.65 is also anyone's guess. But looking at the most recent 10-Q there are numerous causes for concern:  Note 2. Capital Stock On March 6, 2017, the Company issued as compensation for services provided a total of 650,000 common shares with a fair value of $390,000 to a third party. The fair value of the shares was based on the price quoted on the OTC pink sheets on the grant date. this indicates a share price of $0.60 ($390,000/650,000) as of 3/6/2017, just to reinforce that the google price chart doesn't show the true past but a past adjusted for the split Results of Operations The three months ended March 31, 2017 compared to the three months ended March 31, 2016 For the three months ended March 31, 2017 compared to the three months ended March 31, 2016, total revenues were $0 and $0, respectively, and net losses from operations were $414,663 and $26,260, respectively. The net losses were attributable to costs attributable to operating as a public company, in particular, common stock with a valuation of $390,000 that was issued to an investor relations firm in the first quarter of 2017. Going Concern As of March 31, 2017, there is substantial doubt regarding our ability to continue as a going concern as we have not generated sufficient cash flow to fund our proposed business. We have suffered recurring losses from operations since our inception. In addition, we have yet to generate an internal cash flow from our business operations or successfully raised the financing required to develop our proposed business. As a result of these and other factors, our independent auditor has expressed substantial doubt about our ability to continue as a going concern.    Liquidity and Capital Resources We had no cash as of the date of March 31, 2017. Additionally, since there is no balance sheet in the last 10-Q (another bad sign), the last annual report 10-K has this balance sheet: So the company: So why did the stock value plummet? It's anyones' guess but there is no shortage of ways to justify it.   In fact, it's reasonable to ask how is this company still worth $3mm ($1 * 3mm shares outstanding)..."}
{"_id": "129503", "title": "", "text": "\"You're conflating LLC with Corporation. They're different animals. LLC does not have \"\"S\"\" or \"\"C\"\" designations, those are just for corporations. I think what you're thinking about is electing pass through status with the IRS. This is the easiest way to go. The company can pay you at irregular intervals in irregular amounts. The IRS doesn't care about these payments. The company will show profit or loss at the end of the year (those payments to you aren't expenses and don't reduce your profit). You report this on your schedule C and pay tax on that amount. (Your state tax authority will have its own rules about how this works.) Alternatively you can elect to have the LLC taxed as a corporation. I don't know of a good reason why someone in your situation would do this, but I'm not an accountant so there may be reasons out there. My recommendation is to get an accountant to prepare your taxes. At least once -- if your situation is the same next year you can use the previous year's forms to figure out what you need to fill in. The investment of a couple hundred dollars is worthwhile. On the question of buying a home in the next couple of years... yes, it does affect things. (Pass through status? Probably doesn't affect much.) If all of your income is coming from self-employment, be prepared for hassles when you are shopping for a mortgage. You can ask around, maybe you have a friendly loan officer at your credit union who knows your history. But in general they will want to see at least two years of self-employment tax returns. You can plan for this in advance: talk to a couple of loan officers now to see what the requirements will be. That way you can plan to be ready when the time comes.\""}
{"_id": "129509", "title": "", "text": "It's time she look into what employer provided retirement plan she can use. She's at the point where she should think about investing for the long term, with retirement in mind."}
{"_id": "129523", "title": "", "text": "It is possible. You'll have to call the bank and ask what documentation is required, I'm pretty sure they'll want notarized authorization by all partners, at least."}
{"_id": "129540", "title": "", "text": "\"The first rule I follow is pretty simple: Get paid for what you do. Earn a return on what you own. If you are running your company prudently, you should earn a salary for the position and responsibilities you hold within the business. This salary should be competitive. You should be able to replace yourself in the business at this salary. If your title is \"\"President\"\" or \"\"CEO\"\" - look for market rate salaries for others in that position within your industry and company size. If you wear multiple hats in a small business, you will likely have to blend this salary based on those various positions.  Based on how you run your business, the money left over at the end of the year after you and your team takes a competitive wage is your profit. If there isn't any profit, then you might want to do some work on your business model. But if their is a profit, then it's a clear return on what you own and not just a payment for work completed. The idea would be that you could exit the business as an operator, pay someone else to do exactly what you do, and you would continue to get that profit return at the end of the year. This is when a business acts like a true asset.  Whether you take your money in salary or profit distributions (or dividends) depending on your structure, taxes are about the same. W2'd salaries get normal employee contributed taxes, but then of course the company matches these. It is identical if you take a guaranteed payment or distribution that gets hit with self employment taxes. Profits are also going to get hit with the same taxes.  Follow ups: 1) A fair salary would be a competitive market wage for the position you hold within the business. What is left over would be considered true profits and not just fabricated profits by taking a lower than market wage to boost the appearance of profitability. 2) Shareholders requesting salary information would be covered in your Operating Agreement or Shareholder Agreement. This might be terms you set with your investors. Or you might simply set a term that you only need approval if a single salary exceeds a cap (like $250,000). Which would mean you would need to present why you deserve a higher salary and have your board approve (if you are governed by said board via your investors). Profitability is a different ballpark. Your investors most likely have a right to see a monthly, quarterly, and/or annual Profit & Loss statement which should clearly state profitability. I can't imagine running a completely closed book company to my investors. Actually... I can't really imagine ever investing in a company where I am not permitted to see the financials.  Something to also consider here is the threat of trying to keep your profit numbers low in order to not pay taxes or to pay yourself a higher salary. If you ever plan to sell or exit the company, most widely accepted valuations of a business are done from profits (or EBIDTA). You might think you are saving yourself a couple points on taxes by avoiding profits in the short term, but if you exit the business and get a 3-5X (or even up to 12X in some cases) multiplier on your annual profits, you might be kicking yourself for trying to hide them through your accounting practices. Buyers will often sniff out an owner who created false profits by not paying themselves, but what's harder to do is figure out how much profits should have been when there were none on the books. By saving yourself $100,000 in taxes this year, could add up to close to $1,000,000 in an acquisition.  Good luck.\""}
{"_id": "129550", "title": "", "text": "I'm the last guy to argue in favour of increasing the protections around creative works, but I don't think I'd categorically agree that the best artists have regular jobs. My favourite books were all written by pro authors, my favourite games by pro developers. Even when I listen to indie music, the best ones are playing the touring game, making them pros. Arguing against DRM doesn't require deriding professional creatives."}
{"_id": "129566", "title": "", "text": "\"&gt;It's the lion's share of the annual expenditures in the health sector and up there  Dude - no. Healthcare is [almost 4 trillion dollars a year](https://www.forbes.com/sites/danmunro/2014/02/02/annual-u-s-healthcare-spending-hits-3-8-trillion/#1ec0a80276a9) in the US. None of the links you posted show that the majority of that cost is due to regulation. Even if we *did* spend billions and billions on drug research - that's still a minor piece of the whole pie.  &gt;If you don't have a problem with it then contribute the share of your income you see fit voluntarily. But who entitled you to decide for others that they have to do the same  I advocate UH because it would save us money. *All of us*. Even folks like you who don't envision being old or sick. Even rich people who are able to pay ridiculously high premiums without feeling it. Because it brings the total cost of healthcare down as a segment of the economy. Care for which we currently pay [twice as much as other developed nations](http://www.commonwealthfund.org/publications/issue-briefs/2015/oct/us-health-care-from-a-global-perspective). This isn't about handouts. This is about saving American money *and* doing the right thing.   &gt;But I'd prefer the US to cut subsidies to 0, replace them with nothing and finally lower taxes. Which will eventually leave a lot more people with enough money to easily get private insurance. Just without the administrative effort and without forcing people to partake.  A simple example to show why this is purely wishful thinking. In the US - a heart stint (which is a big deal when you need one) is 50K. In the UK - it's 17K. In Spain - it's 12K. The median savings for American families is 5K. That means prices in the US need to come down 90% in order for people to be able to afford life saving surgeries.   Do you really, honestly, believe that cutting taxes and allowing mom and pop surgery centers or correspondence course MD schools will bring prices down that much? If so, do you *really* think we'll have favorable health outcomes that way?   Because remember - money isn't the only objective here. Healthy Americans is the desired outcome of this process.   &gt;exploiting a minority against their will is the right thing to do.  The world is more nuanced than that. And this is in general why I think the left tends to look down on the right alot. Very black and white. Very is or isn't. No reasonable person thinks that asking the wealthy or businesses to help pay to *maintain the house they live in with us* is the same thing as slavery or even \"\"exploitation\"\".   And do you really think they're paying their fair share now? Romney paid 15% in taxes man. Trump, likely, hasn't paid taxes in years. Apple paid 0%. The list goes on and on. They've built a tax system so complex that *the only people paying* are you and me. And they're so slick with this shit that people like you come out here and defend them while they fuck the both of us. Shit blows my mind.   &gt;You can try to seek refuge behind sources, but you can't refute the moral argument with those.  I've sourced every argument I've made clearly. That's not seeking refuge that's having an informed opinion.   For the latter, you claim taxation is theft.   If that's the case, then I claim it's OK to steal to heal sick people.\""}
{"_id": "129567", "title": "", "text": "It also reduces risk from the bank's eyes. Believe it or not, they do lose out when people don't pay on their mortgages. Take the big 3 (Wells, Chase and BoA). If they have 50 million mortgages between the 3 of them and 20% of people at one point won't be able to pay their mortgage due to loss of income or other factors, this presents a risk factor. Although interest payments are still good, reducing their principal and interest keeps them tied down for additional (or sometimes shorter) time, but now they are more likely to keep getting those payments. That's why credit cards back in 07 and 08 reduced limits for customers. The risk factor is huge now for these financial institutions. Do your research, sometimes a refi isn't the best option. Sometimes it is."}
{"_id": "129569", "title": "", "text": "\"Bitcoin Well, the market cap is still way too low to transfer \"\"huge\"\" amounts of money, but that's hopefully a temporary problem. See also Bitcoin Stackexchange for further questions.\""}
{"_id": "129573", "title": "", "text": "I think Buffet is a strong indication that the writing is on the wall for Walmart. It may take a few years, but the peak has happened. And Walmart doesn't have the executive culture to pull off anything that will gain ground against Amazon: Amazon's thing is to continually reinvest money into expansion and forgo tidy profits. Walmart is a cash cow to make the Waltons and gang a bundle of money for their debauchery."}
{"_id": "129574", "title": "", "text": "\"Johnny.  I recently bought my first home as well, and I have worked in the credit business (not mortgage), so I think I can answer some of your questions.  Disclaimer first that I'm in NY, and home buying does vary from state to state. In my experience, pre-qual is not too different from pre-approval.  Neither represents any real committment on the part of the bank (i.e. they can still deny approval at any point), and both are based on pulling your credit bureau and calculating ratios based on your stated (probably not documented) financial information.  It's theoretically possible that a seller would choose a pre-approved buyer over a pre-qualified buyer, all other things being equal, but all other things are seldom equal. Remember also that you don't need to ultimately get a mortgage from the same bank that you use for the pre-qual.  The pre-qual just shows that you are probably credit-worthy and serves to give you some credibility with sellers.  Once you have an accepted offer and need to find a real mortgage, you can shop around for the best rate and best loan structure.  Banks don't need to have pulled your credit to quote rates, but they will need to have a general idea of your FICO range.  Once you find the bank you like with the best rate and actually apply for the loan, they will pull a hard bureau, and if your scores are different from what you said before, the rate may change, but within the same range, you'll generally be ok.  Also, banks do not necessarily pull all 3 bureaus; they may only pull 1, as it costs them for each pull. 2 potential downsides to this approach: Also, make sure you have a mortgage/funding clause in your contract, as banks are unpredictable, and make sure you have a great real estate lawyer, not a legal \"\"factory\"\" - the extra few hundred $ are worth it. Don't overthink this credit stuff too much.  Find a good house for a good price, and get a no-nonsense mortgage that you fully understand - no exotic stuff.  Good luck!\""}
{"_id": "129583", "title": "", "text": "Exactly, it's not like there's a shortage of rental properties or housing opportunities. There are a few hundred (if not thousand) within a 5 mile radius of my house alone, and they certainly don't all have the same terms.  Maybe you're not going to get into a gated white collar community, but I'm pretty sure you can secure a nice place in a nice neighborhood even if your credit score is somewhere between ass and the toilet."}
{"_id": "129600", "title": "", "text": "\"I think you underestimate the power politics and favoratism play in teacher ratings and the impact of local school systems.  Until/unless the us moves to a national system then the notion of \"\"good\"\" and \"\"bad\"\" teachers is entirely up to the officials who oversee the teacher and thus more a matter of politics than any sort of absolute rating.  Indeed I'd suggest a quantiative rating is not only infeasible but impossible.\""}
{"_id": "129606", "title": "", "text": "You should probably get a professional tax advice, as it is very specific to the Philipines tax laws and the US-Philippine tax treaty. What I know, however, is that if it was the other way around - you paying a foreigner coming to the US to consult you - you would be withholding 30% of their pay for the IRS which they would be claiming for refund on their own later. So if the US does it to others - I'm not surprised to hear that others do it to the US.  Get a professional advice on what and how you should be doing. In any case, foreign taxes paid can be used to offset your US taxes using form 1116 up to some extent."}
{"_id": "129607", "title": "", "text": "In addition to paypal, Amazon also offers a payment processing service that has micropayment pricing: For Transactions < $10:"}
{"_id": "129632", "title": "", "text": "I'll agree that some variance in wage between city and rural makes sense. The whole, more restaurants are now closing because of hikes in staff wages is pretty misleading. About 60% of hospitality ventures fail in the first three years and that's across the board before any wage change discussion. Requiring workers to be paid more, requires the employer to make adjustments to the business model. This added level of operating complexity is sure to adversly impact some folks but presenting it as a major contributing factor to increased failure rates is a stretch."}
{"_id": "129634", "title": "", "text": "I am confused as to why the author thinks people wouldn't do this.  If target wants to hand out free money they can be my guest.  edit: Target, PM me if you're interested in this sort of arrangement."}
{"_id": "129635", "title": "", "text": "\"Utter nonsense.  You wish to use force to make me comply with your version of social equity.  I want to use NO force upon anyone.  I merely want each person to dispose of their own property as they see fit until/unless they start to use fraud or force.   You cannot achieve what you want without using government jackboots to enforce it.  My vision is one of voluntary, non forceful, exchange of value.  The truth is that the ideological left continues to peddle this drool because it needs pretend victims in order to have any hope of having a foothold on political power.  This, in turn, means that the dregs of society are courted by the left - the substance abusers, the terminally lazy, the incompetent, the selfish, and the entitled are all the natural feeding ground for this ridiculous ideology.  But, as I said, you and yours are losing this battle, however subtly.  I have done a ton fo consulting for large companies over the past few years (remember, I am personally unwilling to hire anyone for my own company).  Guess that what they're doing?  They're outsourcing - first within the US to the right to work States to try and get away from the corrupt and greedy union thugs.  And secondly, they're moving jobs overseas wherever it makes sense.  For every American fool that majors in Womens'/Gay/Black Studies, Sociologogy, Psychology, or a host of other utterly useless majors, there are kids in China, India, Russia, and increasingly even Africa, that are studying useful arts like science, mathematics, and engineering.  The future of the US is being burned to the ground by geniuses like Obama and the left, and all you people can say is \"\"I want more, more, more.\"\"  Good luck with that - within 40 years you will be the rest of the world's bitches.\""}
{"_id": "129656", "title": "", "text": "I would say binomial tree, except your last sentence,  &gt; The probabilities of the various outcomes are unknown.  causes issues with that.   You could do a scenario analysis in which you compare values using different %chances of up vs. down."}
{"_id": "129676", "title": "", "text": "Most of the bankruptcy is due to taking [or building over a period of time] a loan that one cannot service, if the interest rates rise, then the amount of money to repay the loan increases, when one doesnt pay the revised amount and keeps paying less, the over all debt keeps shooting through the roof ... a lower interest rate means that one can continue to pay the same amount ... and few missed payments do not cause as much as damage as it does when the rates are high."}
{"_id": "129681", "title": "", "text": "Out Of The Dark OOTD is a budgeting and personal money management web app that does not require you to give out access to your bank accounts or even your personal identity.  It's a great tool for people with no financial experience with features like Cash Put-Aside and the Credit Card Debt Terminator and it has tons of instant guides explaining how to use every feature.  You can check it out at myootd.org."}
{"_id": "129684", "title": "", "text": "Once your listing ends, the buyer who has purchased your item pays through Paypal within a window of allowed time (ie. 2-3 days). The item then gets marked as *'paid'* and a confirmation to you is sent.  Once you are paid, you, the seller, ship the item and marked the item as shipped, providing any necessary tracking numbers.  http://pages.ebay.ca/help/sell/sell-getstarted.html"}
{"_id": "129692", "title": "", "text": "In reality here is what is going to happen.  Other nations will continue to distance themselves from the dollar. China in its arrogance will make a premature move against the dollar but at the same time the dirty little secret is they are dancing on the edge of economic collapse right now. Some countries will move towards China further weakening the dollar but not destroying it. China is going to have a real drop very soon (*probably along with the US and other large nations*) then everyone is going to panic and flock back to the dollar because they don't know what else to do."}
{"_id": "129695", "title": "", "text": "If your parents were resident but not domiciled in the UK and were using the Remittance Basis in the year when they got the income or gains from which they're now lending you this money that could trigger UK income tax and or capital gains tax on the money the transfer to the UK whether to an account of their own or directly to your account. If they were non resident or using Arising Basis or it was UK income then this is not an issue."}
{"_id": "129698", "title": "", "text": "\"I think a big part of the issue is ignorance. For instance, the US govt cannot default on its loans, yet you keep hearing people speak as if it could. The US govt also does not have to borrow to pay for anything, it creates its own money whenever it wants. These 2 facts often evade many people, and they feel the US govt should act like a household, business, or a state govt. This disconnect leads to a lot of confusion, and things like \"\"fiscal crisis\"\". Just remember Rahm Emanuel - don't let a crisis go to waste.  Disclaimer: this is not to say the US should create money whenever it wants without thought. However, the simple fact is it can. For those interested in more, check out Modern Monetary Theory (MMT). Its economic study in a world not based on gold standard, or convertible currency (fiat currency).\""}
{"_id": "129724", "title": "", "text": "The way the question is worded, it is slightly opinion based. Just to point out;   Tax benefits - Upto 50000 INR is tax free when invested here. This is actually 200,000 INR under 80C. So if you invest max of 150,000 in other instruments in 80C; you can still invest 50,000 into NPS. Hopefully it will provide some lumpsum money that I could probably use to buy a house / kid's education / kid's marriage. There are very few withdrawal options. Generally in the current scenario; By the time you retire; you would already have house, kid would have got married. Answers given the current data is it a worthwhile investment? It is a good investment option available. It is up to individual to select this or invest else where. If yes, would be better to fix choice at 50% in E and 25% in C and E or go for the auto choice? As you are young it is better to have max 50% in Equity and actively monitor this and change the percentage as you near the retirement age. If you don't have time, or are not financial savy, or one is plain simple lazy; going with Auto choice makes sense. bad investment because if you put the same money into equity oriented mutual funds then you will get better returns ... This depends. If you are currently investing everything into Equity; then yes at absolute level, the returns are high. However if you are investing into Equity and debt to achieve a balance, then NPS is doing it automatically for you. As the NPS has very low costs, there is substantial advantage. In some years [2013-2014?] the NPS equity return has been excellent and exceeded leading mutual funds. Other Aspect Edits: The Annuities need to invest in guaranteed risk free instruments; generally bonds. As the rates are locked for life, they need to factor things like average life expectancy, demographics, etc. This is largely statistical. Similar to how the Insurance premiums are decided. This is adjusted periodically. Say they offer 6.5% for 100 people. The investments into bonds is yielding only 6%. Then for next 100 people, they would offer 5.5%. However if the mortality increases, i.e. 50 people die at age of 70, they just need to adjust it to 5.75% for next 100 ... so there are quite a few parameters that go in and statical models output what the rate should be offered. At times the corpus manager may take a hedge to minimize downside. This is a specialized subject and there no dummies that show how rates are determined. It is also a trade secret."}
{"_id": "129730", "title": "", "text": "\"As JoeTaxpayer says, \"\"It's a very rare circumstance where an early 401(k) withdrawal actually makes any real economic sense.\"\" Your statements that one year's salary for you is $60K and the combination of your spouse's income and yours puts you into the highest income tax bracket together lead to the conclusion that your spouse's income is considerably higher than yours. If this income will continue past your death (e.g. you two are not in a joint venture that will collapse when you pass away because she cannot do the work by herself), then it is very definitely to your joint advantage to leave your money in a tax-deferred account for as long as possible. Her income should be enough to cover the mortgage payments.  Also, rather than take the money out and paying taxes at a high rate right now, your  spouse can roll over the 401k money into an IRA and withdraw only small amounts per year, paying taxes spread over the years rather than in a lump sum.\""}
{"_id": "129742", "title": "", "text": "What the comments above say is true, but one more thing is there. FD rates are directly proportional to loan rates. However, banks make money because loan rates will always be higher than FD rates."}
{"_id": "129745", "title": "", "text": "I don't see it in any of the exchange feeds I've gone through, including the SIPs. Not sure if there's something wrong with Nasdaq Last Sale (I don't have that feed) but it should be putting out the exact same data as ITCH."}
{"_id": "129754", "title": "", "text": "Zynga is based on a single point of failure, in an industry known even among technology companies as very faddish.  Netflix is different in that they actually have more than one content source, and if the MAFIAA drops Netflix, *nobody* will get to pick up the customers, they'll flee back to bittorrent."}
{"_id": "129777", "title": "", "text": "Well they all went to college, but on the side did their own projects. They eventually dropped out because college wouldn't grant them wealth. They took leadership, and did it on their own.  I mean... would you still be in college knowing you built an enterprise that is currently taking off?? No.  It's stupid to say DONT GO TO COLLEGE OR DROP OUT OF COLLEGE BECAUSE YOULL BE GRANTED TO BECOME A BILLIONAIRE. That's absurd. These drop outs had a plan already."}
{"_id": "129780", "title": "", "text": "Honest question, I've been seeing a lot of trump-tillerson and trump-PR embarrassment posts here, especially in the last week.    Are these economics-focused posts? I enjoy trump debates as much as the next redditor but this seems out of place to me."}
{"_id": "129784", "title": "", "text": "Okay thanks, let's hope it's a relatively painless process to correct my mistake!   Really odd that my 401(k)s are traditional, I was so sure they weren't.  Maybe it's better then to open up a traditional IRA alongside the Roth, use that for rollovers, and just kick a few bucks into the Roth on occasion?"}
{"_id": "129790", "title": "", "text": "\"Your first article is all about analyzing the effect of minimum wage on employment by looking at rents. Their analysis \"\"assumes peoples' utility functions in a particular city depend on wages plus amenities less the cost of rent available in that city\"\"  Basically if wages go up (due to a minimum wage hike for example) the city is more desirable to live in and people would lay more to live there. That is not at all the mechanism you were talking about and would not apply for a national raise in minimum wage.   Why should I read the rest of your links when you didn't even read the first one?\""}
{"_id": "129806", "title": "", "text": "Actually the insertion part is interesting because they actually aren't middlemen just faster buyer's and sellers on the open market. They just buy what one person is selling and sell it to someone else who is at the same time looking to buy. So I guess the issue is the 'same time' isn't the same for all parties concerned. On the other hand both buyer and seller can set limits on the bounds of the price and only transact when someone meets their terms. If you are willing to accept 'whatever the market will bear' then it seems like you should be OK with getting it."}
{"_id": "129848", "title": "", "text": "&gt;If you lived in a gang banger / drug dealer's house  right, because it's their house. As in, that person is the rightful and legitimate owner of that property.  Are you claiming that the US Federal Government is the rightful and legitimate owner of all the property of the United States?"}
{"_id": "129852", "title": "", "text": "\"If you haven't been a US resident (not citizen, different rules apply) at the time you sold the stock in Europe but it was inside the same tax year that you moved to the US, you might want to have a look at the \"\"Dual Status\"\" part in IRS publication 519.\""}
{"_id": "129855", "title": "", "text": "\"It's viable for you,  but the \"\"investor\"\" is either stupid or willing and able to write off the investment as a gift for a friend in need, knowing it will probably end the friendship.  The banks make their money off of indebtedness, with the highest returns being on the highest risk loans . If the bank isn't willing to give you that debt on your own,  it's because they already know it's a bad debt. In this case,  trust the banks. If you can't come up with the downpayment on your own, you won't be able to meet your other commitments on this contract.\""}
{"_id": "129862", "title": "", "text": "I'm assuming this is the US. Is this illegal? Are we likely to be caught? What could happen if   caught? If you sign an occupancy affidavit at closing that says you intend to move in within 60-days, with no intention of doing so, then you'll be committing fraud, specifically mortgage/occupancy fraud, a federal crime with potential for imprisonment and hefty fines. In general, moving in late is not something that's likely to be noticed, if the lender is getting their money then they probably don't care. Renting it out prior to moving in seems much riskier, especially if you live in a city/state that requires rental licensing, or are depending on rental income to carry the mortgage. No idea how frequently people are caught/punished for this type of fraud, but it hardly seems worth finding out."}
{"_id": "129875", "title": "", "text": "Neither. Food, fuel, and tools. Books on how to make and use basic tools -- the books published for farmers who want to kluge their own solutions might be helpful. Heck, help defend a library; it will be beyond price as soon as things settle out a bit. Having skills like blacksmithing and knowing how to teach could go a long way. SF really has explored this in better detail than we could possibly cover here."}
{"_id": "129878", "title": "", "text": "\"&gt;I think its really funny when everyone says Bill Gates or Carlos Slim or anyone else like that is the \"\"richest\"\"   No, it's not that funny.  While it may not be 100% accurate, it's useful to try to estimate such things.\""}
{"_id": "129880", "title": "", "text": "Uh, yeah, it's all good because... I'm the consumer. My role is to pay for and receive a product or service I've deemed worth my dollar. Where in this are you confused? I'm not chief of Sharia morality police for corporate officers, I'm a guy going to the airport. And if United has the best flight to get me where I'm going I'll take that plane, too. I'm about getting the best product or service for the money spent, not trying to start a VC firm with no ROI by propping up businesses that don't offer what I want. Should I go slap a hundo down at the farmers market, too, and walk away without any food just because I like their business practices even though it's 15 miles out of my way compared to my grocery store across the street?   People get so up in arms about corporate operations now that instant data transfer allows you to become an alleged expert in a company's internal operations mere moments after a story breaks. The beauty of the market is I get to spend my dollar where I want to and you get to spend yours where you want to. If you don't like it, I hear North Korea is nice this time of year."}
{"_id": "129894", "title": "", "text": "But what creates more business owners?  They don't pop up out of the ground, and there are always lots of people that want to make their own business.   Businesses need capital, they need startup funds.  Angel investors, VCs and banks provide the capital."}
{"_id": "129897", "title": "", "text": "\"Oh look, yet another Tesla circle-jerk.  r/\"\"technology\"\" is leaking again.  You guys are a bunch of fucking sheep.  This is a knee-jerk reaction driven by their (prodigious) PR department because of the number of powertrain failures they've been experiencing.\""}
{"_id": "129903", "title": "", "text": "Paying this off early is robbing yourself of the extra earning potential for this money.  Think of it as an interest free loan from your future self.  If you can otherwise use that money to get a better rate of return then you are better off putting it there.  Best options would normally be to use it to buy additional regular RRSPs, RESPs, or TFSA because of government benefits but even puting the extra into a GIC for a year is better than paying back home buyers plan early."}
{"_id": "129937", "title": "", "text": "This industry is either you are in or you forever won't, and it started since highschool the time you picking your collage and major.... So for average Joe like me, I should be picking  a career in computer science instead... Now I am stuck as a supporting analyst with career ending nowhere..."}
{"_id": "129947", "title": "", "text": "\"**I'm going to reemphasize this post for the OP**  &gt; Also, sales skills are key in this business, even in research, because if you're a sell-side analyst, half your job is going to see clients (i.e. sell to clients) with the sales people.  Agreed.  Agreed so hard.  Too many people think research roles in finance are like academia or some shit.  Who do people think pays for the research and who's role do they think it is to sell the research?  Sure as hell not your VP's or Manging Directors.  More importantly, sales skills are intrinsic in succeeding.  The core of sales is communication.  If you can't sell your research, how do you plan on selling yourself well enough to make VP/MD or to land a role at a HF doing research.  &gt; or is there room for the \"\"but I'm not good at this!\"\" excuse.  People who have that attitude are out the door just as quick as they finish that sentence.  Working at a BB the expected mentality is one of two possibilities:  * I'm good at this.  or  * I will be good at this (and very, very soon)  I know someone that took one comp sci course in college and placed Perl on their resume's.  They were offered the Quant Analyst role and learned they were expected to be fluent in Perl (knew enough to show in the interview she had *some* experience with Perl).  He spent the next week locked in their room teaching themselves and mastering coding in Perl.  This is the mentality of people who are successful on Wall St.  OP needs to learn this now or step out into a less competition intensive industry.\""}
{"_id": "129956", "title": "", "text": "**Barbarians at the Gate: The Fall of RJR Nabisco**  Barbarians at the Gate: The Fall of RJR Nabisco is a book about the leveraged buyout (LBO) of RJR Nabisco, written by investigative journalists Bryan Burrough and John Helyar. The book is based upon a series of articles written by the authors for The Wall Street Journal. The book was later made into a made-for-TV movie by HBO, also called Barbarians at the Gate. The book centers on F. Ross Johnson, the CEO of RJR Nabisco, who planned to buy out the rest of the Nabisco shareholders.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.23"}
{"_id": "129965", "title": "", "text": "\"So Linda/Josie's initial plan was to have your dad pay money to (supposedly) help her get the gold chest. After he would have paid, there would have been another complication, and more yet (someone to bribe, a plane ticket to buy, transport to arrange, customs to handle, whatever, the list would last as long as there's money to take). Even if he does not have much money, the appeal of his share of the treasure could have been enough to tempt him to spend money he can't, or borrow, etc. Once \"\"she\"\" found out that he doesn't have any money and/or is apparently not willing to send any, \"\"she\"\" switched to a different scam: she would send him a large check, have him deposit it on his bank account, transfer most of the money (minus his generous share) to \"\"her\"\". Once the money is irreversibly transferred, the check will bounce. End result: 0 in the account before the transaction, minus a lot afterwards. It's quite simple: if an e-mail from a perfect stranger includes any of the following keywords, it's a scam:\""}
{"_id": "129975", "title": "", "text": "I agree with the first poster- the first step is to measure your spending and put it down into raw numbers. Once you have the raw numbers, you will feel a natural inclination to improve on those numbers. Set yourself a daily target for cash / incidental expenses. It doesnt have to be a crazy target - just something you can achieve easily. Mark a 'tick' mark next to every day on the calendar that you meet that target (or spend less than the target). Gradually the momentum from the past few 'ticks' will automatically compel you to want to tick off the next day.  At the end of each week, lower the target a little. You'll find that when you start measuring your expenditure, you become more aware of how you might be wasting money. All too often we just go out and buy stuff we don't need without really thinking about it."}
{"_id": "129988", "title": "", "text": "\"Working retail myself, I do not accept an unsigned card without verification.  If I received one I would ask for ID and verify the photo with the Name. I would also let the buyer know it was unsigned and remind them that anyone finding it can sign it and use the card without issue. Putting on the back of the card \"\"SEE ID\"\" is the way buyers have protected themselves from thieves as long as people are actually looking at the cards.  How does this protect?  1- a lost card cant be signed by a complete stranger as there is already writing on the card.  2- It provides a photo identification for use. I know with today's technology that this is going away and fewer people are actually checking but shame on those companies who handle the cards and don't look. Obviously this process does not apply to self checks, but safety protocols there require a pin of some form that only the authorized user should know.\""}
{"_id": "129990", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.theweek.co.uk/88506/us-lost-2bn-in-tourism-in-first-months-of-2017) reduced by 80%. (I'm a bot) ***** &gt; Tourist visits to the US dropped by 4.2% in the early months of 2017, raising fears of a &amp;quot;Trump slump&amp;quot; following the November 2016 presidential elections.  &gt; The news follows months of &amp;quot;Warnings from the travel industry about the negative impact of increased travel restrictions from the Trump administration&amp;quot;, the BBC reports.  &gt; The decline in international tourism comes months after a survey by global polling company Pew found a significant drop in US prestige around the world since Trump came to power.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72jwy1/us_lost_2bn_in_tourism_in_first_months_of_2017/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216751 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **travel**^#1 **year**^#2 **Trump**^#3 **reports**^#4 **international**^#5\""}
{"_id": "129994", "title": "", "text": "\"Thank you I am obviously pretty new and just starting to learn about it.  As I am declaring finance my major in the fall.  Edit: How do I go about trading options is it a viable route for some \"\"broke\"\" college kid?\""}
{"_id": "129997", "title": "", "text": "I can understand your fears, and there is nothing wrong with taking action to protect yourself from them. How much income do you need in retirement?  For arguments sake, lets say you need to pull 36K per year from your 401K or 3K per month.  Lets also assume that you current contribute (with any match) 1,000 per month.  Please adjust to your actual numbers accordingly. One option would be to pull out 48K right now and put it in a money market.  With your contributions, I would then put half into the money market and half into more aggressive investments.  In 10 years, you would have about 110K in your money market account.  You could live off of that for three years.  If the market does crash, this should give you plenty of time to recover. Taking this option opens you to another risk, which is being beat up by inflation or lack of growth on a nice pile of cash.  My time frame is not that different then yours (I am about 12 years away), but am still all in stocks.  Having 48K and more with not opportunity for growth frightens me more than any temporary stock market crash. Having said that I think it would be a horrible mistake to get completely out of stocks.  Many of those destroyed in 2008 also missed 2012 through 2014 which were awesome years.  So do some.  Set aside a year or three of income in something nice and safe.  Maybe one year of income in money market, one in bonds and preferred stocks, and one in blue chips."}
{"_id": "130011", "title": "", "text": "This will probably end up as a case study in business schools on what not to do.  They pull the ads after pressure from a bigoted, xenophobic evangelical group in Florida, and then issue a couple of confusing press releases trying to explain their actions."}
{"_id": "130016", "title": "", "text": "&gt; A service provider that prevents competition by making it illegal to compete.   I don't know what you mean. There is a lot of competition.  * At least every two years you can replace a majority of the decision makers.  * You are perfectly free to get services from another provider like private roads or charter schools. * you are free to move to another city/county/state which has enacted laws you like. * you are also free to immigrate outside the US if the Federal Government is the issue.  &gt; Every other insurance program allows you to opt out.   You can opt-out any time you like!  I think your objection is that you have to forgo the product that is America to opt-out of the American government service provider.  Do you know of any company that will give you services for free and not exploit you?"}
{"_id": "130021", "title": "", "text": "Interesting idea, except I know for a fact that the applying for and getting SSDI payments is not easy, simple, or quick. It commonly requires years or appeals, and the assistance of a lawyer just to have a chance. It's literally more complex and expensive than working. So, under what diagnoses are these so called able-bodied americans getting through?"}
{"_id": "130039", "title": "", "text": "I don't need to back anything up.  It will do him good and will help him stand out.  Explain why this is not the case - it's on you dumbass.  I made the comment 1st, so if you want to refute it then you need to provide proof that my opinion is invalid.  As well, I'm reporting you yet again because you're still acting like a child.  You're verbally attacking a stranger because of an opinion.  Maybe you have an MBA, maybe you don't... one way or another you don't deserve to be called an adult.  This is the 3rd attempt to ask you to be civil and you continue to be insulting, like somehow being Mr. Big on the interwebs makes you special.  Grow up you idiot."}
{"_id": "130042", "title": "", "text": "Rauner is just the latest version of people like Mitt Romney who think because they can run a business they can run the government, except worse because at least Romney wasn't a completely useless governor. All the financial acumen in the world doesn't count for shit in politics when no one likes you and you aren't interested in getting them to like you. Maybe it's stupid but that's democracy, unfortunately."}
{"_id": "130044", "title": "", "text": "Have you bought different brand of shoes?    &gt;Is there a difference perhaps in womens sizing, or what gives?  It exists for men's as well.  With one brand I get a size 15 but with another I get a 14 because they cut their shoes on the longer side."}
{"_id": "130046", "title": "", "text": "Appication Packaging as-a-Service enables IT pros like you to create custom packaged apps for slick, dialog-free 'silent installs'. The process will take just a few minutes, even if you've never packaged an app in your life. All you need to do is sign up and... get Apptimized!"}
{"_id": "130065", "title": "", "text": "It's one of those things where it was meant, economically, for the first purpose (opportunity cost) but has been used by big corporations for the later since you have to have international divisions to really even make it work (to some degree it does on the state level; however, the tax breaks aren't really big enough for it to make sense since the Federal is the big one).   It's also a huge reason why big corps have such low effective domestic tax rates on big profits and why the government is debating about restructuring tax law to prevent most forms of FTP'ing (you'd pay taxes on Gross Income essentially. It gets MUCH more complicated than that but France effectively does this now).  Also, it's very much an accounting thing, and accountants tend not to have a big seat at the table. Hence, the reasoning behind stuff often get lost on upper mgmt (or they fire the accountant, etc.). That's a BIG part of why it often makes things worse even when when the principal makes sense economically..."}
{"_id": "130075", "title": "", "text": "I've used Soundcloud for years and don't even know what player comments are?  Do people comment on sounds?  I don't think I've ever done that.  Is that even accessible through the app?  I only use it through the app (which is terrible)."}
{"_id": "130082", "title": "", "text": "Still not following. There were a whole bunch of places that outlawed slavery long before it went 'mainstream' in the US with the civil war  I mean, what do you want, a history of the abolition movement because it sure as hell wasn't started by some guys sitting round going 'hey, owning people is bad mkay?' for their feelie weelies."}
{"_id": "130100", "title": "", "text": "\"&gt;Are you being paid by the word?  I'm not religious. I think the bible is full of fairy tales. So no! I just don't like being stolen from and having it whitewashed as \"\"the ends justify the means\"\". Which is crap. Theft is theft no matter who does it for you. A badge or costume does not change that fact. Your rights end where someone else's rights begin. If your \"\"solution\"\" requires theft and violence to pay for it, it isn't much of a \"\"solution\"\" then.\""}
{"_id": "130104", "title": "", "text": "\"Do you guys know any options that are accessible to any global citizen? Prepaid and stored value cards are anonymous. For an arbitrary reason, the really anonymous ones only allow you to load $500 but there is no regulation that dictates this amount. In the USA, these cards are exempt from being declared at border crossings. Not because they look like credit cards, but because they are exempt by the US Treasury and Customs. The cons is that there are generally fees to use them. US DOJ has done research showing that some groups take advantage of the exemption moving upwards of $50,000 a day between borders, but Congress is fine with this exemption and the burden is always on the government to determine \"\"illicit origin\"\". Stigmatizing how money is moved is only a 30 year old phenomenon, but many free nations do not really have capital controls, they only care that you pay taxes and that the integrity of their stock markets are upheld. Aside from that there are no qualms about anonymity, except from your neighbors but they dont matter for a global citizen. In theory, the UK should have more flexibility in anonymity options, such as stored value cards with higher limits.\""}
{"_id": "130109", "title": "", "text": "One last thing...   Would you mind making up a spreadsheet of *ALL* of your finances? Income, expenses, etc. If you do not want to share it publicly, I would be glad to help you via PM. I am doing quite well with money and fixing past mistakes (make only $12/hr, work overtime just to pay bills, but have $10,000 in credit, with no balances, etc.).   Let me know! :)"}
{"_id": "130118", "title": "", "text": "I'm afraid you're mistaking 401k as an investment vehicle. It's not. It is a vehicle for retirement. Roth 401k/IRA has the benefit of tax free distributions at retirement, and as long as you're in the low tax bracket - it is for your benefit to take advantage of that. However, that is not the money you would be using to start a business or buy a home (except for maybe up to $10K you can withdraw without penalty for first time home buyers, but I wouldn't bother with $10k, if that's what will help you buying a house - maybe you shouldn't be buying at all). In addition, you should make sure you take advantage of the employer 401k match in full. That is free money added to your Traditional 401k retirement savings (taxed at distribution). Once you took the full advantage of the employer's match, and contributed as much as you consider necessary for your retirement above that (there are various retirement calculators on line that can help you in making that determination), everything else will probably go to taxable (regular) savings/investments."}
{"_id": "130126", "title": "", "text": "Leather cuff watch band are available in a wide range of sizes and colours and they of course are one of the most incredibly desirable wrist accessory, wearing which on hand could make you feel the worth of carrying a spectacularly special addition."}
{"_id": "130128", "title": "", "text": "Generally, if you watch for the detail in the fine print, and stay away from non-FDIC insured investments, there is little difference, so yes, pick the highest you can get. The offered interest rate is influenced by what the banks are trying to accomplish, and how their current and desired customer base thinks. Some banks have customer bases with very conservative behavior, which will stick with them because they trust them no matter what, so a low interest rate is good enough. The disadvantage for the bank is that such customers prefer brick-and-mortar contact, which is expensive for the bank. Or maybe the bank has already more cash than they need, and has no good way to invest it. Other banks might need more cash flow to be able to get stronger in the mortgage market, and their way of getting that is to offer higher interest rates, so new customers come and invest new money (which the bank in turn can then mortgage out). They also may offer higher rates for online handling only. Overall, there are many different ways to make money as a bank, and they diversify into different niches with other focuses, and that comes with offering quite different interest rates."}
{"_id": "130141", "title": "", "text": "Ha, I thought you would backpeddle. An indefensible stance is indefensible unfortunately, sorry bro.   I can't imagine how your mind works if you don't see this clearly. Life must be rough seeing it through shit stained glasses. Get some help, boy.   Look, if muslims weren't running around fucking people up, I wouldn't give a fuck about them. I'd leave them in peace. But that's not the case and we both know it. Trying to hide it is insanity.   And if you happen to be one of the good muslims, I feel bad for you. I really do. But you have to realize you are part of a terrorist organization, not a religion, and you need to get out and find something else to worship if you really need it."}
{"_id": "130188", "title": "", "text": "ETFs trade on specific exchanges. If your broker deals with those exchanges, you should have access to the ETF. If your broker does not deal with that exchange, then you will not have access through that broker. This is different than, say, mutual funds, which don't trade on the exchanges are proprietary to certain brokerages or financial institutions."}
{"_id": "130200", "title": "", "text": "gross profits 2011 31 billion http://www.wikinvest.com/stock/Wal-Mart_(WMT)/Data/Gross_Profit/2011/Q1  Net income 16.99 income http://www.wikinvest.com/stock/Wal-Mart_(WMT)/Data/Net_Income/2011  The simple truth is that companies that post these sort of net profits are basically off loading the cost of their labor onto the taxpayer by paying a non-livable wage.  And we let them. Americans need to remember why they unionized a hundred years ago and grow some balls again. Corps are able to do shit like this only because we (the people) let them."}
{"_id": "130201", "title": "", "text": "The only reason I can think of is that the bonds are bought automatically by some investment pools, groups or institutions. That will stop very quickly once the management finds some other place to put the money."}
{"_id": "130208", "title": "", "text": "\"I'm not certain about international transfers, but that amount is large enough that it could be subject to gift tax. https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Frequently-Asked-Questions-on-Gift-Taxes Note that the threshold for this tax is \"\"per person, per person\"\". For example, if you gave your father $12,5k, and gave your mother $12.5k, and your wife gave them each the same amounts, each of those gifts is small enough to be within the $14,000 exclusion and you and your wife would owe no gift tax. If you aren't married, you might want to spread this gift over two years to stay under that threshold.\""}
{"_id": "130209", "title": "", "text": "\"I bought a car a few years ago. The salesman had the order, I knew the car I wanted and we had a price agreed on. When I refused the payment plan/loan, his manager came over and did a hard sell. \"\"99% of buyers take the financing\"\" was the best he could do. I told him I was going to be part of the 1%. With rates so low, his 2 or 3% offer was higher than my own cost of money. He went so far as to say that I could just pay it off the first month. Last, instead of accepting a personal check and letting me pick up the car after it cleared, he insisted on a bank check to start the registration process. (This was an example of one dealer, illustrating the point.) In other cases, for a TV, a big box store (e.g. Best Buy) isn't going to deal for cash, but a small privately owned \"\"mom and pop\"\" shop might.  The fees they are charged are pretty fixed, they don't pay a higher fee cause I get 2% cash back, vs your mastercard that might offer less.\""}
{"_id": "130235", "title": "", "text": "\"I would contribute to the Roth over the course of the year assuming the worst case scenario (actually the best base from another POV, since you're making more money!). Save the rest of the money in a regular account, and make your final, \"\"top off\"\" contribution when you compute your final AGI for 2011 taxes. You have until April 15, 2012 to make tax year 2011 contributions. I'm in a similar situation due to my wife's overtime, which is very variable from year to year. At this point, I don't make any IRA contributions until I do my taxes.\""}
{"_id": "130238", "title": "", "text": "Not at all, no effect whatsoever."}
{"_id": "130242", "title": "", "text": "Mrs. Nahles also proposed to make god gender neutral back when she was family or female minister (don't remember), for equality. I mean really??   I'm not even faithful and can't stop laughing.   I wouldn't take her word on the case to matter.  Sad that my taxes go to such kind of politicians.  Also she is in the SPD and elections are on Sunday."}
{"_id": "130279", "title": "", "text": "If you take out a personal loan, rather than a mortgage or car loan or hire-purchase agreement or other loan that's for making a specific purchase, then you can do whatever you want with the money. Send it abroad, burn it, spend it on expensive whisky -- it's up to you. The country you want to send the money to might have rules on transferring money into the country, but there will be no impediment at the UK end."}
{"_id": "130285", "title": "", "text": "\"Sure, and everything you've said here is absolutely true for a fully immunized portfolio.  What the OP suggests is that it's simply impossible to effectively defease future obligations.  He is pitching not so much finance as he is a political philosophy that can be summed up by \"\"defined benefit plans are impediments to competition.\"\"  In the OP's world, the business of life and casualty insurance would implode within a few years of inception.  Actuarial science would be dismissed as mathematical witchcraft.  We would see company after company laid low by overwhelming future obligations against which they have no defense.  Rather, what we have are instances of *poor financial management.*  As opposed to the fine examples set by insurers, endowments, foundations, etc. (all of which can remain successful ongoing concerns in perpetuity), what we have are businesses who decided that it would be better to cut corners and bet on risk, rather than to take the safer (but more expensive) route and effectively manage their assets in relation to their liabilities.    He then goes on to suggest that, in laying off their problems, business are simply \"\"doing everybody a favor.\"\"  These business (and their highly educated financial managers) are taking their flaming piles of shit, handing it over to the guy whose expertise most likely involves the repetitive operation of a machine, and saying \"\"here you go, this is a good deal for you, enjoy managing your future!\"\"\""}
{"_id": "130303", "title": "", "text": "The core issue is to understand what 'selling a share' means. There is no special person or company that takes the share from you; you are selling on the open market. So your question is effectively 'can I find a guy on the street that buys a 10$-bill for 11$ ?'  - Well, maybe someone is dumb enough, but chances are slim."}
{"_id": "130314", "title": "", "text": "OTA channels. You only lose MNF compared to basic cable. I listen to the radio for baseball games.   Which works out pretty well, since I hardly ever actually watched baseball games when I had cable. I'm always surfing reddit or doing something else around the house when they are on.   And on the rare occasion that there is a game on that I want to see and it is on cable only, I go to my local sports bar."}
{"_id": "130318", "title": "", "text": "He's an investor, not an economist, and he's making a common error of not considering the political rich separately from the economic rich.   The economic rich make the world a better place by creating goods and services people are willing to pay for.   The political rich use government to stack the deck in their favor and collect revenue without providing comparably valuable good or services in return."}
{"_id": "130319", "title": "", "text": "Why are there taxi regulations in the first place? I mean if Uber was able to provide such a comparable service without taxi regulations then why do we need them? Obviously the people have spoken with their wallets and I don't think Uber has killed or seriously hurt someone(correct me if I'm wrong).   As far as I'm concerned the only reason these regulations exist is to make cabs more expensive and give the local government more money from cabs as a service. But Uber actually creates a lower burden on the government because they have ride sharing which means that less people are on the roads which is definitely a good thing.   Please tell me I'm wrong. I'm genuinely asking."}
{"_id": "130349", "title": "", "text": "\"My idea if I had it done would make way over $200,000. $200,000 would only scratch the surface if the business got started up. You sir are the actual idiot for acting like you know everything about my idea without any evidence whatsoever. The idea has 100% never been done before, and that's a fact. You can't call someone's idea a terrible one without knowing what it is so I will keep going for my goal because people like you will come and go as much as you please. I said \"\"I'm confident my business would be successful\"\" you don't need research to have hope and determination. I pity the guy who went out of his at in an attempt to discourage my dream. I hope to get back to you after my business gets the wheels rolling, so I can take everything you just said to me and shove it up your ass while you continue to hate on everything and everyone. Fuck face\""}
{"_id": "130350", "title": "", "text": "I think it depends a lot on your idea of how you should relate to your neighbors. Personally, I think that I should be allowed to do just about whatever I want with my property, and I grant my neighbor the same right. If my neighbor wants to paint his house purple with orange stripes and fill his front lawn with pink flamingos, I think that's his right. If I don't like it, I don't have to look at his house. (I would draw the line at things that I cannot avoid by simply looking the other way, like running jet engines in his back yard at 2 in the morning, as I could not avoid the noise. Or dumping toxic waste on the street, as it will cause health problems. Etc.) Others think it IS their business what their neighbor does with his property and want to be able to control it. They want someone who has the authority to force everyone in the neighborhood to paint their house in colors deemed acceptable, to meet certain requirements for yard work. And that's what Home Owners Associations are for: to require that everyone in the neighborhood maintain their property according to a standard set by the HOA, which should theoretically represent the wishes of the majority. Of course the price you pay for giving you the right to tell your neighbor what kind of fence he is allowed to have is that now your neighbors can tell you what kind of fence you can have. Advocates of HOAs often say that they are necessary to protect property values. Personally I think this is something of a circular argument: I must have the right to prevent my neighbor from doing something that, in my opinion, makes his house ugly, not because I necessarily have no choice but to stare out my window at his house all day and be repulsed by it, but because someday I may want to sell my house to someone who will have no choice but to stare out the window at his house all day and be repulsed by it and so will not want to buy my house. Of course if we all just minded our own business, this wouldn't be an issue. Okay, this was pretty much an anti-HOA post, but I did TRY to state the other side of it."}
{"_id": "130362", "title": "", "text": "It's not stealing from people who create value. Or create jobs. Taxing money earned by dividends isn't harming anyone. Simple math says if you're paying 10m in taxes it's because you didn't use your wealth to create jobs. And someone who paid 10m in taxes isn't going to decide not to buy that 10k ring because they paid 20m and only have 40 left for the year. Walmart makes 15b a year they're not going to create more jobs or wealth because they made 20b with a tax cut. Lowering taxes will only be beneficial to the middle class due to the fact they are the ones stimulating the economy. It's easy to live paycheck to paycheck making 120k a year when you actually get to enjoy life."}
{"_id": "130363", "title": "", "text": "\"As others have noted, US law says that if you have over half the bill, it's worth the full value, under half is worth nothing. I presume if it is very close to half, if even careful measurements show that you have 50.5%, you'll have difficulty cashing it in, precisely because the government and the banking system aren't going to allow themselves to be easily fooled by someone cutting bills in half and then trying to redeem both halves. I've seen several comments on here about how you'd explain to the bank how so many bills were cut in half. What if you just told them the truth? Not the part about killing someone, of course, but tell them that you made a deal, neither of you wanted to bother with complex contracts and having to go to court if the other side didn't pay up, so your buddy cut all the bills in half, etc. As you now have both halves and they clearly have the same serial number, this no real evidence of fraud. Okay, this is technically illegal -- 18 US Code Section 333, \"\"Whoever mutilates, CUTS, defaces, disfigures, or perforates, or unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, or Federal Reserve bank, or the Federal Reserve System, with intent to render such bank bill, draft, note, or other evidence of debt unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both.\"\" But you didn't do it, the other guy did. I presume the point of this law is to say that you can't get a hold of currency belonging to someone else and mutilate it so as to make it worthless. As he's now given you both halves, I doubt anyone would bother to track him down and prosecute him. Just BTW, while checking up on the details of the law, I stumbled across 18 USC 336, which says that it's illegal to write a check for less than $1, with penalties of 6 months in prison. I just got a check from AT&T for 15 cents for one of those class action suits where the lawyers get $100 million and the victims get 15 cents each. Apparently that was illegal.\""}
{"_id": "130388", "title": "", "text": "To avoid risk from rising interest rates, get a fixed rate mortgage. For the life of the mortgage your principal and interest payments will remain the same. Keep in mind that the taxes and insurance portion of your monthly payment may still go up. Because you own the property, the costs to maintain the property are your responsibility. If you rented this would be the responsibility of the owner of the property; if the cost to repair and maintain goes up so does the rent. Because you are the owner your annual costs to repair and maintain may go up over time. The way to eliminate risk of loss of value is to never move, until the mortgage is paid off. You will know exactly what principal and interest will cost you over the life of the loan. When you sell that will be essentially return on your payments. You don't know if the loss of value is due to world, national, regional, local or individual circumstances. so hedging is tough. If the fact that the mortgage is 95% is what makes you nervous, your biggest risk is risk of being upside down. That risk is greatly reduced by increasing the amount of the down payment. That decreases the risk that the value will be below the mortgage amount if due to unforeseen circumstances you have to sell immediately. The money will still be lost due to decrease in value, but you aren't forced to bring cash to the settlement table if you need to sell."}
{"_id": "130422", "title": "", "text": "GIC perhaps? These would be quite similar to Certificates of Deposit where one is agreeing to lock up their money for a term and be paid a percentage for doing so. There are various kinds as some may be linked to market returns in some cases and others are just simple interest."}
{"_id": "130424", "title": "", "text": "Is there evidence of Russian money laundering through bitcoin or is this your assumption? As I understand it laundering through btc would require you to explain why your wallet has millions in it, doesn't seem useful  Edit: unless you maybe distributed the bitcoin to fake users and had them spend it on your own digital services? Would people be able to track the coins through the ledger and see that you're indirectly circulating coins from your personal wallet to your business one? I don't know I'm in too deep now"}
{"_id": "130439", "title": "", "text": "http://www.Mvelopes.com Mvelopes is envelope-style budgeting in an online application. I've tried all of the other applications and I choose to pay for this one for the following reasons:"}
{"_id": "130448", "title": "", "text": "Careful, here.  The last time we got a bill from the doctor's office because they made a billing mistake it turns out the bill was a mistake.  Before you pay anything go through the list of charges and payments and make sure it's accurate.  (In our case she went to an appointment and was then told there was no reason for the doctor to see her that day.  Several months later a bill for the visit showed up--except they hadn't kept straight what payment was for what visit so it took some digging to figure out what had happened."}
{"_id": "130466", "title": "", "text": "\"How can I make sure? You can't make sure. Here is what is promised: (Obviously things have to be done in this order). Here is what will actually happen: The only way to \"\"make sure\"\" is to give all the information and watch the money disappear from your account. I advise against that.\""}
{"_id": "130472", "title": "", "text": "It's my understanding that deferred revenue will be included as income as the services are rendered. In this way, gains originating from deferred revenue are not recognized until they are actually earned.  It's a formality so the accounting adheres to the matching principle. It may help to view a DR as an advance payment (say like what an airline may do with ticket purchases that occur before the flight).   It sounds like you're wanting to penalize the business for having to eventually provide a service. But I don't know if that would be accurate, I mean, from the business's perspective, isn't it always preferable to be paid in advance? Are you concerned the company may not have any recourse should the customer try to back out or something?  I don't think I'm understanding your question, could you come at it from another angle to explain it?"}
{"_id": "130473", "title": "", "text": "Do you want to give your table new look? Get customize round vinyl tablecloths and bring new life to your table. We deals in all kind of tablecloths including Special sizes to meet customer need. Ring us at 800 477-5638! For any query!"}
{"_id": "130499", "title": "", "text": "Lets pretend that TELSA decided to split its stock 10 shares for 1. Now the stock is $35 dollars- would that make you happy?  You dont have any idea how companies are valued.   Berkshire Hathaway Inc. Class A NYSE: BRK.A - Oct 31, 12:58 PM EDT 280,210.00 USD"}
{"_id": "130503", "title": "", "text": "\"It is your name, or the fictitious name under which you operate. For example, if your freelance front end is called \"\"Zolani the 13th, LLC\"\", then that's the name you want to appear on the check, and not \"\"Mr. John Zolani Doe\"\" that is written in your birth certificate.\""}
{"_id": "130533", "title": "", "text": "Actually, those claims are well supported and if expressimg yourself in a written document that you have to open up yourself to read is creating a hostile work environment, then the HWE is more like a tool for ideological witch hunting.   There are workers rights and processes for firing people.  This is definitely not the end of the story, he can easily sue."}
{"_id": "130534", "title": "", "text": "There is a very popular opinion on Reddit that automation and robotics will be terrible for the economy. I think the positives outweigh the negatives. Whether you are for or against, this brings us one step closer to a post-scarcity economy."}
{"_id": "130545", "title": "", "text": "Ich war lange auf der Suche nach einem Pflegedienst zur Tagespflege meiner Eltern in Hamburg und habe viele Services analysiert. Der hier ist mir bisher am besten aufgefallen, weil wir einen Migrationshintergrund haben und dieser Dienst genau daf\u00fcr gedacht ist. Hier sind ein paar Bookmarks vom AKS Pflegeteam."}
{"_id": "130555", "title": "", "text": "When one of you has a grievance against another, does he dare go to law before the unrighteous instead of the saints? 2 Or do you not know that the saints will judge the world? And if the world is to be judged by you, are you incompetent to try trivial cases? 3 Do you not know that we are to judge angels? How much more, then, matters pertaining to this life! 4 So if you have such cases, why do you lay them before those who have no standing in the church? 5  I say this to your shame. Can it be that there is no one among you wise enough to settle a dispute between the brothers, 6 but brother goes to law against brother, and that before unbelievers? 7 To have lawsuits at all with one another is already a defeat for you. Why not rather suffer wrong? Why not rather be defrauded? 8 But you yourselves wrong and defraud\u2014even your own brothers!  1 Corinthians 6:1-8"}
{"_id": "130571", "title": "", "text": "The point was not to persuade people to go for a megacorp over a startup. What she mostly preaches is that you can make a living for yourself. If you are going to put 100 hours in at a startup why not just develop your own product?"}
{"_id": "130590", "title": "", "text": "No.   The article needs to have business as its central focus. Not as something which one can extrapolate as a consequence. This is a health article not a business article.  I have, quite sadly, removed it. Even though I liked it and found it informative and hopeful.    It would be great if some day the admins gave us the power to move submissions to more appropriate subreddits rather than remove them. Oh to dream."}
{"_id": "130598", "title": "", "text": "Free business listings in India are currently one of the biggest platforms for promoting your business. This is where you can list your products for free and attain new heights if success with the amount of attention you garner. There are a lot of benefits of registering your business with an online directory.  http://www.businessinfolink.com/"}
{"_id": "130603", "title": "", "text": "Call centres are also looking to the future for the return of economic prosperity. Discretionary spending on strategic goals designed to ensure that they will be poised to benefit from the upturn has increased. Most discretionary spending has been allotted for technology enhancements. By investing in technology, the centres are anticipating that the new technologies will deliver benefits in the form of lower operating costs and improved customer satisfaction."}
{"_id": "130616", "title": "", "text": "\"&gt; I do not reside on the right and have never voted for a Republican candidate.  I don't believe you. The words you're using are pretty much verbatim from the \"\"crush-the-immigrants\"\" right-wing spin machine. Such as:  &gt; It rewards those who willfully disregarded America's legal system and subsequently punishes those that respected it. &gt; &gt;America should not reward the immoral, regardless of the color they may happen to be. &gt; &gt; Non-citizens who see themselves as above the law should be punished and sent home.   Why focus on non-citizens? If you want to be consistent, you should be in favor of destroying the lives of U.S. citizen jaywalkers, litterers, vandals, etc. too. Because that's the level of punishment that you're proposing to be applied. Gotta be consistent on levels of punishment if you don't want to be called out as a hypocrite after all.  I think Wisconsin dairy farmers are already getting a taste of what life is going to be like if they follow your solution, and they're already unhappy about how much harder it is to do business. I guess you hate American farmers as well, eh?  If your big beef is people committing crimes &amp; not getting punished, then I'll modify my solution a little for you:  Illegal immigrant that hasn't done anything violent? $100 fine, then they can apply for legal immigrant status - voila! criminal punished, and illegal immigration problem solved!\""}
{"_id": "130619", "title": "", "text": "Here's a sneak peek of /r/wisconsin using the [top posts](https://np.reddit.com/r/wisconsin/top/?sort=top&amp;t=year) of the year!  \\#1: [WI Senate unanimously approves ban on collecting internet browser history](http://docs.legis.wisconsin.gov/2017/related/amendments/sb49/sa13_sb49) | [158 comments](https://np.reddit.com/r/wisconsin/comments/63hnqq/wi_senate_unanimously_approves_ban_on_collecting/)   \\#2: [Billboard in Paul Ryan's hometown is up!](https://i.redd.it/m1csjn8aodjy.png) | [69 comments](https://np.reddit.com/r/wisconsin/comments/5xgj8w/billboard_in_paul_ryans_hometown_is_up/)   \\#3: [Welcome to Wisconsin..](https://i.redd.it/fscld6gt9bmz.jpg) | [76 comments](https://np.reddit.com/r/wisconsin/comments/70jg4j/welcome_to_wisconsin/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^Now ^^with ^^97% ^^less ^^bold ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "130631", "title": "", "text": "\"In the US you are not required to have a corporation to use business expenses to offset your income. The technical term you need is \"\"deducting business expenses\"\", and in matters of taxes it's usually best to go straight to the horse's mouth: the IRS's explanations Deducting Business Expenses  Business expenses are the cost of carrying   on a trade or business. These expenses are usually deductible if the   business operates to make a profit.  What Can I Deduct? Cost of Goods   Sold, Capital Expenses, Personal versus Business Expenses, Business Use   of Your Home, Business Use of Your Car, Other Types of Business Expenses None of this requires any special incorporation or tax arrangements, and are a normal part of operating a business.  However, there is a bit of a problem with your scenario. You said you \"\"invested\"\" into a business, but you mentioned buying specific things for the business which is not generally how one accounts for investment. If you are not an owner/operator of the business, then the scenario is not so straight-forward, as you can't simply claim someone else's business expenses as your own because you invested in it. Investments are taxed differently than expenses, and based upon your word choices I'm concerned that you could be getting yourself into a bit of a pickle. I would strongly advise you to speak with a professional, such as a Certified Public Accountant (CPA), to go over your current arrangement and advise you on how you should be structuring your ongoing investment into this shared business. If you are investing you should be receiving equity to reflect your ownership (or stock in the company, etc), and investments of this sort generally cannot be deducted as an expense on your taxes - it's just an investment, the same as buying stock or CDs. If you are just buying things for someone else's benefit, it's possible that this could be looked upon as a personal gift, and you may be in a precarious legal position as well (where the money is, indeed, just a gift). And gifts of this sort aren't deductible, either.  Depending on how this is all structured, it's possible that you should both consider a different form of legal organization, such as a formal corporation or at least an official business partnership. A CPA and an appropriate business attorney should be able to advise you for a nominal (few hundred dollars, at most) fee. If a new legal structure is advisable, you can potentially do the work yourself for a few hundred dollars, or pay to have it done (especially if the situation is more complex) for a few hundred to a few thousand. That's a lot less than you'd be on the hook for if this business is being accounted for improperly, or if either of your tax returns are being reported improperly!\""}
{"_id": "130639", "title": "", "text": "&gt;they're the type of company willing to sell people really nasty shit just to make a buck (in my opinion).  I mean, that describes every fast food chain, every bar, and every business that sells soda or candy on the premises."}
{"_id": "130641", "title": "", "text": "Dumb question but if Americans spend 100B$ each year on fast food how are they bringing in 110B$ annual revenue?  Edit: Whoops thats from 2000. That's pretty interesting though. Does that mean the fast-food industry has only seen a 10B dollar increase in the last 14 years?"}
{"_id": "130648", "title": "", "text": "R H Power Utilities Pvt Ltd Services is consistently rising and increasing our Spindle Repair services. Today, we provide advanced spindle analysis and testing, and repairs and rebuilds. we have associate degree extensively trained and fully fledged team of engineers and technicians maintaining with the foremost recent advances within the spindle bearing, spindle motor and spindle equipment \u2013 all to satisfy dynamical client needs."}
{"_id": "130649", "title": "", "text": "I suggest you talk to a New York-licensed tax adviser (EA or NY-licensed CPA). New York is very aggressive when it comes to residency determination, and given your facts and circumstances you may end up being considered NY resident despite relocating to Florida. If you maintain a studio in NY, I'd say 99% chance is that you remain NY resident for the whole year (but verify with a professional)."}
{"_id": "130651", "title": "", "text": "\"Oh please. Most of the unsecured creditors who get screwed in bankruptcy are large banks. They know the risk going in which is why unsecured lends at a high interest rate. Yes, trade creditors often do get screwed but it's a cost of doing business -- it's why a vendor needs to monitor its receivables and watch for signs of insolvency and adjust the terms of trade accordingly.  You should have made sure you were covered by brokerage insurance before handing money to a company like that. The \"\"I'm the little guy\"\" argument is just weak.\""}
{"_id": "130687", "title": "", "text": "His 'brand' is exactly the point of my original post, not so much his career as a cyclist. His name is tarnished, but to what extent? Consequently, for marketing purposes, I think a discussion of exactly how much does it matter? Yes he has been defamed, but he is still recognizable. How much is his 'brand' worth.   For Example, back in '08, it was very clear that many large banks were involved from the top down in screwing millions of Americans out of billions of dollars in assets, and equity. These banks gained a bad reputation because of this, but very very few of the large ones have gone away. Yes the value of their brand has diminished, but clearly not disappeared."}
{"_id": "130691", "title": "", "text": "Does the 401(k) get any match? Whatever you do, don't lose the match. Without more detail, it's tough. Will you lose more sleep for the debt rising, or for the retire account not?  It seems your debt is well managed, a year to zero? A student loan wouldn't scare me."}
{"_id": "130695", "title": "", "text": "Since you are trying to compare corporate bonds that have a defined coupon over the specified time of the bond. Why not use a simple Net Present Value (NPV) calculation. Refer: Net Present Value (NPV) You could use the discounting factor as the current repo rate of your central bank. As I said, this would be a simple fast measure (not considering risk rating of the bonds, inflation and other considerations). Take a notional 1000 as invetment in each instrument and calculate the NPV, higher it is better the investment. Another method, in terms of percentage return would be Internal rate of Return (IRR). Though the calcualtionis a bit more complicated, it would give you a percentage figure. Note, the above 2 measures are used when the cashflow over the time period is known. It will not work for instruments where the cashflow/value over different time are not known. Like stocks."}
{"_id": "130705", "title": "", "text": "\"You probably have enough math to satisfy a program as an incoming student. However, GMAT will matter a lot. The Ivys and their equivalents are going to have more applicants with perfect gmats and higher math backgrounds than they can take. If you can't distinguish yourself with connections from well published professors who can write good letters for you, then they're probably out of reach. Which means almost surely that you won't get a job at an ivy or equivalent as they are pretty incestuous.   Basically, if you go on the market without a top tier publication before you go out, or without a huge endorsement from a big name, your best outcome is to land at a school that is the same level as the one from which you receive your degree. And you had better have at least 1 decent pub or R&amp;R, or a presentation at a top conference with a good pipeline to hope for that.  More likely outcome is you have a good job market paper, decent pipeline, maybe a few conference presentations, but no pub or R&amp;R, in which case the most likely outcome for you is a step down from the tier of school you were at. So if you were at a flagship state program, then you will end up in the second tier state programs. The worse your portfolio on the market the farther you fall.  So if your goal is a flagship state program, then you need to be aiming as high as absolutely possible. And the chances of getting into those programs are progressively smaller the higher you shoot. The flagship state schools (like UT) and the Ivy/equivalents (like Harvard/Berkley etc.) will get hundreds if not thousands of applicants. Ones with backgrounds in working finance or econ, or worse I had two physics phd holders start in my cohort with me (so you have no chance to compete with that kind of math and programming experience), perfect gmats/gres, and great recommendations. It is very hard, but you can't win if you don't play I suppose. I would wager that the average number of applications to programs sent by applicants is around 50, so why not aim a few of those applications high and see if anything sticks.   Computer language proficiency is a good thing to highlight, but won't win you any big awards. By the time you get out of your first year, every student should have proficiency in either Stata/R/Sas and have some python/perl/c# etc, depending on what area of research you go for. So you have a head start, but not for long.   Your best shot to improve your chances are good recommendations from professors you know that are research active and big names in their sub-fields and in the finance field as a whole. Next up would be to have an active interest in a research area, and be able to discuss/write about WHY you want to research that area. Don't just think about it, go look up papers that do that sort of research and see what they do and how they do it. So that you will know the limitations of that sort of research. When I interview a prospective student and they say \"\"I am interested in international finance research\"\" or any other sort of general field, I know they haven't got a clue what they're interested in. Which puts them behind again.\""}
{"_id": "130723", "title": "", "text": "\"As long as you're not trying to get a higher limit in order to actually spend more money, or might be tempted to do so, it's generally advantageous to have a higher limit if available. A large part of credit score is based on utilization rate (balance due at statement closing divided by credit limit). Basically, you want more than 0% and less than 30% or preferably less than 10% used. Doubling your credit limit halves your utilization rate. And it can be comforting to have it there \"\"in case you need it\"\" in some sort of emergency scenario. Caveats: There's no \"\"right\"\" or \"\"default\"\" amount of credit that you \"\"should have\"\" at any given point in your life. If you're using credit responsibly, and don't need more credit, there's no particular reason to ask for more credit. If you work at it and are patient, it's easy to eventually have tens of thousands of dollars of unused credit limits, but that doesn't really get you anywhere you need to be by itself.\""}
{"_id": "130726", "title": "", "text": "\"No one is going to explain why \"\"faster and faster trades ..... help business itself\"\", because faster trades don't help business. With HFT the stock market signals are completely divorced from business reality. The stock market is manipulated so that Primary Dealer banks can siphon off fortunes in tiny margins on billions of transactions\""}
{"_id": "130727", "title": "", "text": "\"The answer is yes. And the reason is if today's interest rates are lower than the interest rate (coupon) at which the bond was issued. The bond's \"\"lifetime value\"\" is 100 cents on the dollar. That's the principal repayment that the investor will get on the maturity date. But suppose the bond's coupon rate is 4% while today's interest rate is 3%. Then, people who bought the bond at 100 would get 4% on their money, while everyone else was getting 3%. To compensate, a three year bond would have to rise to almost 103 so that the so-called yield to maturity\"\" would be 3%. Then there would be a \"\"capital loss\"\" (from almost 103 to 100) that would exactly offset the extra interest, that is 1% \"\"more\"\" for three years. If today's interest rates are negative (as they were from time to time in the 1930s, and in the present decade), the \"\"negative\"\" interest rates will prevent the buyer from getting the \"\"lifetime value\"\" (as defined by the OP) of principal plus interest over the original life of the bond. This happens in a \"\"flight to quality\"\" situation, where people are willing to take a (small) capital loss on Treasuries in order to prevent a large possible loss from bank failures like those that took place in 2008.\""}
{"_id": "130734", "title": "", "text": "If you can get a mortgage with 10% downpayment and the seller will accept (some may want at least 20% downpayment for whatever reasons) and with PMI it still lower than your rent, sounds like it's a good idea to buy now.  Of course this assumes that the money you'd be otherwise saving for 20% downpayment will be used to pay off a mortgage faster."}
{"_id": "130751", "title": "", "text": "As the premiums go up, so do the individuals subsidies because they are limited in how much they have to pay. John has to pay $450 if his total insurance costs $11k or $15 k. So, in effect, he will get more money. To pay for his increased insurance costs.   This increases the overall costs to the taxpayers by millions of dollars. The money goes to the person to pay premiums instead of straight to insurance companies.   The taxpayers would be much better off if the payments to insurance companies continue to prevent the raise in premiums. If Trump stops the payments, we are all going to pay more, except for those near the poverty level."}
{"_id": "130757", "title": "", "text": "Here's what JP Morgan is going to do: it's going to say that it was forced into a forced shotgun marriage with Bear by the Feds, and that it was not given time to do the due dilligence that generally comes before takeovers of this nature.   Case closed."}
{"_id": "130759", "title": "", "text": "If the building has no income, it also probably has minimal expenses. The heat, water and electricity costs are nearly zero. They are letting the value depreciate, and taking it off the taxes. I also suspect the condition of the building is poor, so any effort to make the building productive would be very costly. Many cities combat this by setting the tax on empty buildings or empty lots at a much higher rate. Or they set the value of the property at a high valuation based on what it could generate. Sometimes this is only targeted at some sections of the city to encourage development. They also offer tax breaks when the owner of a house has the house as their principal residence."}
{"_id": "130765", "title": "", "text": "I listened to this the same day I read an article about american companies having trouble hiring workers. In Germany they train workers via internships and technical schools. In the US the students pay too much for useless degrees. Trump is losing his shit trying to force people to mine coal when an answer (not the answer) is right there. FFS."}
{"_id": "130776", "title": "", "text": "&gt; Why not just get rid of deposit insurance for commercial banks  Repeated cycles of boom-and-busts, bank runs, recessions and crashes (that make today's situation look like a walk in the park) showed that deposit insurance is the best policy. Case in point: no Great Depression since we instituted it, and individual account holders are protected even when banks fail (as they do now and then for natural reasons)."}
{"_id": "130812", "title": "", "text": "\"Pay off your debt.  As you witnessed, no \"\"investment\"\" % is guaranteed.  But your debt payments are... so if you have cash, the best way to \"\"invest\"\" it is to pay off your debt.  Since your car is depreciating while your house may be appreciating (don't know but it's possible) you should pay off your car loan first.  You're losing money in more than one way on that investment.\""}
{"_id": "130817", "title": "", "text": "Now, you can get the higher performance healthcare equipments by the YILES Medical Centre. We sell the every healthcare device online, if you want bulk order, then you can also order online. We have different types of every oxygen mask with reservoir bag. Here, you can trust in every deal, because we offer to our customers on every products  effective cost. This device helps us in different way of medical process or treatment of a patient. We are one of the most producer of the health care equipments which may be very beneficial  in the course of the treatment of a patient. If you want more information about us, please go to our website."}
{"_id": "130827", "title": "", "text": "\"So is knowledge of unannounced products simply not considered material nonpublic information? Well \"\"material\"\" is relative but it certainly is nonpublic information.  And trading based on that information would likely be considered illegal if it is actually material.   Many companies require that employees with material non-public info get stock trades approved by their legal department.  This protects not only the employee but the employer from SEC scrutiny.  If the legal department determines that the employee has non-public info that is the genesis of the stock trade, they might deny the request. In many cases these employees receive stock through ESPP, ISO and/or RSUs and often sell while in possession of information about unannounced products. Just receiving stock as part of as part of a compensation program would not be illegal, provided it was part of a normal compensation package and not deliberately awarded in advance of these types of events. Selling or outright buying stock (including RSUs) with that kind of information would certainly be scrutinized.  An employee is granted RSUs, they vest 7 months before announcement of a new product. The employee knows the exact specifications of the product. If they sell the vested stock before the announcement would this constitute insider trading or not? Why? The law is not meant to prevent people from investing in their own company just because they know future plans.  So knowledge of an announcement 7 months out may not be considered material.  If, however, you sold stock the day (or a week) before some announcement that caused the stock to fall, then that would probably be scrutinized.  Or, if you traded shortly before an announcement of a new, revolutionary product that was set to be released in seven months, and the stock rose, then you might be scrutinized. So there is a lot of gray area, but remember that the spirit of the law is to prevent people from benefiting unfairly with non-public information.  It would be hard to prove that gaining on a stock trade 7 months before a product announcement would be considered \"\"unfair gain\"\".  A lot can happen in that time.\""}
{"_id": "130850", "title": "", "text": "Very good answers as to how 0% loans are typically done.  In addition, many are either tied to a specific large item purchase, or credit cards with a no interest period.  On credit card transactions the bank is getting a fee from the retailer, who in turn is giving you a hidden charge to cover that fee.  In the case of a large purchase item like a car, the retailer is again quite likely paying a fee to cover what would be that interest, something they are willing to do to make the sale.  They will typically be less prone to deal as low a price in negotiation if you were not making that deal, or at times they may offer either a rebate or special low to zero finance rates, but you don't get both."}
{"_id": "130852", "title": "", "text": "Recursos Energia Rinnovabile s\u00e3o activos de att for\u00e7a s\u00e3o l\u00f8bende reabastecido. Estes incluem energia da \u00e1gua, o vento, o sol, as fontes geot\u00e9rmicas, e fontes de biomassa culturas energ\u00e9ticas SOM. Empresas Energia Fotovoltaica est\u00e3o produzindo tecnologia nemlig se transformando em mais vital e mesmo que este \u00e9 duas forventes com escalada de acusa\u00e7\u00f5es de petr\u00f3leo, a demanda por alternativas de energia blivit montanhismo mesmo anos no \u00f3leo passado n\u00e4r udgifter eram baixos."}
{"_id": "130865", "title": "", "text": "Yeah, that's the problem fuck-0.  Walmart makes tons of money in profit and their employees are using state benefits.    This isn't a problem for you?  The government is subsidizing walmarts employee benefits.  In other words we are socializing walmarts losses and walmart is privatizing their gains."}
{"_id": "130877", "title": "", "text": "\"In addition top the great answers above (esp Joe Taxpayer: \"\"if traveling is your passion, do it!) let me add my two cents: I recommend always having TWO vacations planned. It's a wonderful way to go through life: It doesn't really matter how long until the next vacation, or how expensive it will be. Just that it's planned and out there makes for extra happiness and good money management. (Can you tell I'm in the same mindset? I love vacations.)\""}
{"_id": "130881", "title": "", "text": "Maybe have a more clearly stated goal and plan to get there. Were they selling just a nicely built machine no one needs (the single design flaw) or were they trying to sell us a way to buy their juice repeatedly and maintain revenue."}
{"_id": "130882", "title": "", "text": "\"It's funny how you say they will resort to laws to stop consumers from getting what they want when in reality the so called \"\"upstarts\"\" are the ones on very thin ice with breaking the law.  If you define Netflix as an upstart then I can already see that we don't agree on the same premise and hence further argument is pointless.  And for the record, Seinfield was only possible with TV and all the talented people in production.  Do you really think Youtube or Netflix will be able to produce a quality show?  I think not.  Like I pointed out, everyone is giving too much credit to Netflix because it's easy to stream a show after the risk has already been taken to spend the time and money to produce a show.  This is why these \"\"upstarts\"\" operate on a profitable margin, they are eating TV/Cable's lunch.  I am all for TV, I believe that TV will still be around 50 years from now.  The internet and tech is very volatile and you never know where it will stand 5... even 10 years from now.  In the end, people do not want to watch cheap low-quality comedy on their iPhones.  60 inch LCD home theaters are here to stay in peoples homes.  Maybe it will be streamed via the internet but TV will very much still pull a lot of weight.  Afterall, TV built the industry, they deserve to own it.    I don't see the logic and destroying TV to benefit companies like Apple or Netflix who really have no idea how to even begin preproduction on a quality show.   This boils down to the fact that people will always consume the cheapest form of entertainment, and while this is true.  Americans are sophisticated enough to distinguish cheap from quality.  TV delivers quality and will continue to deliver quality, while the internet delivers a few occasional guffaws packaged in mediocrity.\""}
{"_id": "130928", "title": "", "text": "I bought a the new book Grant by Ron Chernow because he writes the best biographies going. I had to go to Half Price Books because there are no truly independent bookstores near me. It cost me an extra $10, but Amazon is getting a bit scary for me."}
{"_id": "130934", "title": "", "text": "Do I pay tax to the US and then also pay it in India for my income, or   does my American partner, who holds 15% of the monthly income, pay tax   in the US for his income? Of course you do, what kind of question is this? You have income earned in the US by a US entity, and the entity is taxed. Since LLC is a disregarded entity - the tax shifts to you personally. You should file form 1040NR. You should also talk to a tax professional who's proficient in the Indo-US tax treaty, since it may affect your situation."}
{"_id": "130941", "title": "", "text": "\"It is absolutely normal for your investments to go down at times. If you pull money out whenever your investments decrease in value, you lock in the losses.  It is better to do a bit of research and come up with some sort of strategy about how you will manage your investments.  One such strategy is to choose a target asset allocation (or let the \"\"target date\"\" fund choose it for you) and never sell until you need the money for retirement.  Some would advocate various other strategies that involve timing the market.  The important thing is that you find a strategy that you can live with and that provides you with enough confidence that you won't buy and sell at random.  Acting on gut feelings and selling whenever you feel queasy will likely lead to worse outcomes in the long run.\""}
{"_id": "130945", "title": "", "text": "I had a friend who worked for a temp company as a dental hygienist and when she left after a year or longer she ended up taking them court because they wanted her to wait like 6 months before working in any office she worked for under contract. While I can kind of understand the companies point of view, it would've been career ending for her since as a temp she worked at pretty much every dental office in the area. She ended up winning in court and they had to change their contracts to only be 30 days rather than 6 months."}
{"_id": "130967", "title": "", "text": "From what you have written, it could be a boiler room company. These operate with fancy website and have proper book keeping systems but are elaborate scams. How did you find about this broker. If there was a seller when you purchased the shares, there is no reason you can't be seller"}
{"_id": "130985", "title": "", "text": "Education has lost its value systems with commercialization of objectives.True Guru\u2019s and Gurkul\u2019s are rarely visible. With an objective to restore and revive the \u2018Gurukul Value System\u2019, we at \u2018Finance Gurukul\u2019, have tried to bring experts who have an objective to give back their expertise and knowledge to those who want to make this world a better place for all."}
{"_id": "130995", "title": "", "text": "The big benefit of a health savings account is the savings aspect. HSAs let you save up and invest money for your health care expenses. You don't just pay for medical care with pretax dollars - you get to invest those pretax dollars (possibly until you've retired). If you can afford to put money in the plan now, this can be a pretty good deal, especially if you're in a high tax bracket and expect to remain there after retirement. There are a lot of obnoxious limitations and restrictions, and there's political risk to worry about between now and when you spend the money (mostly uncertainty about what the heck the health insurance system will look like after the fight over ObamaCare and its possible repeal.)"}
{"_id": "131005", "title": "", "text": "NO.  The legislation requires the landlord to deposit it in a bank.  Check out pages 7-10 of the linked document.  There is no mention of interest. The second clause, I believe, is probably for large landlords who hold hundreds of thousands of dollars of security.   http://www.legislature.mi.gov/documents/publications/tenantlandlord.pdf Q4 Once collected, what must the landlord do with the security deposit?   The landlord must either: a) Deposit the money with a regulated financial institution (e.g.,   bank), OR b) Deposit a cash bond or surety bond, to secure the entire deposit,   with the Secretary of State. ( Note: If the landlord does this, he or   she may use the money at any time, for any purpose.) The bond ensures   that there is money available to repay the tenant\u2019s security deposit"}
{"_id": "131030", "title": "", "text": "Comcast is doing all this twitter advertising about how they won't throttle, block, prioritize, yadda. All that was a stipulation of their merger with NBC. Those requirements end next year. If Title II goes away, like they won't throttle Netflix and block other services that compete with theirs?  What's to stop them?  It won't even be the same do AT&amp;T - doubt *this* Justice Department will impose any pro-consumer regulations."}
{"_id": "131034", "title": "", "text": "&gt; Managers got paid bonuses if they sold more deserts/alcohol so waiters are forced to offer every customer wine samples and pitch them on other drinks.  ...those bastards, giving us free booze.  The bar I go to actually takes pride in their beer. Full wall of microbrews. They do not sell \\*lite. Standard procedure is to sit down, ask the bartender about what's good, and to be given half a dozen samples of the new kegs they got this week. I mean, *seriously*, those assholes -- trying to get me to find and drink a beer that actually I like. What a bunch of jerks."}
{"_id": "131041", "title": "", "text": "\"Edit #2 My whole answer was based on my misunderstanding that you were renting out a totally separate property to your girl friend.  I finally understand now that you're renting out a room in YOUR apartment flat to your gf.  So, based on my new understanding, I don't think it's necessarily a bad idea.  The answer below is my answer to a different question ;) Original Answer My answer has nothing to do with business, but is totally relationship based.   If you care about her in a \"\"we might be together a long time\"\" way, then I wouldn't do this.  I don't care what arrangements you setup before hand, at some point, you're bound to feel like she owes you something at some point.  Let alone the easiest of situations to imagine (she's late on the rent, she loses her job and can't pay, etc) you'll be forced to make decisions about how much your desire to love and care for her outweighs your need to pay your mortgage.  You can argue how magnanimous your are all day long, but is this something you want to bring into your relationship? Now, if you don't really care to stay with her that long and you could do life with or without her, then go for it.  I think the big question is, is your relationship worth \u00a3200? Edit In the interest of supporting my opinion, here are a few articles I found on the subject: Unfortunately, the way renting to friends or family often works out is far from what would be expected between people who care about one another. For the most part, friends and family members will actually make bad renters, because they\u2019ll expect more from you than a tenant who doesn\u2019t know you. You may get a lot of requests for maintenance and repairs, even for minor things, and you may also find that family members and friends think they should be entitled to perks because of your personal relationship with them. When they don\u2019t get special treatment, they can get angry with you, and that hurts both your professional relationship and your personal relationship. American Apartment Owners Association \"\"In my experience, landlords renting to relatives doesn't work out perfectly,\"\" said Ceyhun Doker, a REALTOR\u00ae associate at Keller Williams Realty in Burlingame, CA. \"\"When you don't know each other, there are fewer problems.\"\" realator.com\""}
{"_id": "131044", "title": "", "text": "I found one such tool here: Point-to-Point Returns tool"}
{"_id": "131059", "title": "", "text": "\"Considering that I can't find anything on Chase's web site referencing a \"\"Money Market IRA\"\" I suspect that this is a type of account that they aren't actively supporting anymore, but aren't forcing you to cash it in.  I would call Chase to find out for sure, however. That said, a money market is not a good investment if you are looking for any kind of growth.  They are basically a savings account that pay (currently) a small amount of interest.  You can get much better return from other low-risk investments.  You can rebalance periodically if you want to keep a certain amount of \"\"cash\"\" available.\""}
{"_id": "131079", "title": "", "text": "Went to Chipotle last night purely because my wife wanted to try the queso - it's awful.  It's incredibly grainy/floury, like a bad roux, kinda turned our stomachs.  Missed the mark on flavor too, completely bland.  Chipotle guacamole is delicious, the $2 queso isn't in the same realm.  Also I really enjoyed their chorizo.. :("}
{"_id": "131089", "title": "", "text": "Fuck you and bullshit. Move? Wow lets just tell all these poor people who can barely afford rent that all they need to do is move to one of these great cities with the great paying jobs. You must be a Republican Trump supporter with that talk. You are just a asshole. No one agrees with you and all sudden they must be stupid because your government written paper is bullshit and rest of us know it is.     Think for a second you think the Trump administration going realise somthing showing how bad it is out here? Hell think Obama wouldn't. I am sure there a shit ton of low minium wage jobs available. We are looking for jobs that pay a livable wage."}
{"_id": "131108", "title": "", "text": "My beef with day (and to ape Yishai's answer a little) is that his good advice is no different than anybody's good advice.  The seven steps are on the home page, Clark Howard, Suze Orman and probably quite a few others all chat about spend less, save more, shop wisely and live within your means. Anything specific is just motivation, and it sort of irks me that Dave Ramsey charges $100+ buck to go to a seminar about how to save money.  A $30 book to read anecdotes and examples of how to follow the seven steps.  (Probably, I won't buy his books) I have no problem with somebody making money, but I doubt that Dave is just barely breaking even.  I was stand corrected if he is, but I just don't suspect he is. Clark Howard recommends that people go to the library and check out his book; he is a lot closer to practicing what he is preaching."}
{"_id": "131116", "title": "", "text": "The virtual classrooms won't replace the expensive schools at the high end (for many of the reasons you describe).  They'll compete on the low end with public schools.  I agree it won't happen in the near future -- it'll happen when prices get so high that there's a significant increase in student loan defaults.  That will be the breaking point, and people will start to look for alternatives."}
{"_id": "131117", "title": "", "text": "Disclaimer: I don't work in the finance industry, and simply took a few classes in corporate finance and management during my undergrad.  It depends on what type of investing you're talking about. If you're talking about building a portfolio of securities, then CAPM is the basis for most valuation models. Generally, CAPM will have you discount based on your best available risk-free rate (usually t-bills or some other fixed income source with a reliable backer). Even after your valuation, the basic theory of risk management for an investment portfolio is still to maintain a diverse basket of poorly correlated products.  If you're talking about corporate finance where a firm is considering an investment such as a new project, then a determining a WACC and using it as a discount rate for your cash flow is a basic strategy.   This is a basic strategy, but there are better ones depending on the specifics of the investment. This is where evaluating exposures is important. To hedge counterparty risk, you might discount by the estimated probability of non-payment or buy trade insurance. To hedge currency risk, you might buy forwards, options, or look into a money market hedge. To hedge political risks like repatriation or changes in tax laws or regulation you might buy political risk insurance. To hedge exposure to a particular commodity price, you can trade futures."}
{"_id": "131118", "title": "", "text": "Apple fucked up with the last set of iPhones, yet they still sold a ton.  I expect the same this time...no major innovation, will still sell a ton globally.  Why the fuck is there no major competition outside of Google/Samsung.  Oh windows? haha.  Seriously, you can see why Amazon would jump in, however stupid of them to do so (not their main business/focus)"}
{"_id": "131127", "title": "", "text": "\"You asked for advice, so I'll offer it.  Trying to time the market is not a great strategy unless you're sitting in front of a Bloomberg terminal all the time. Another person answering your question suggests the use of index funds; he's likely to be right. Look up \"\"asset allocation.\"\"  What you want to do is decide that you want your portfolio to contain, for example: If one of your stock holdings goes up far enough that you're out of your target asset allocation ranges, sell some of it and buy something  in another asset class,s so you're back in balance.  That way you lock in some profit when things go up, without losing access to potential future profits.  The same applies if something goes down; you buy more of that asset class by selling others. This has worked really well for me for 30+ years.\""}
{"_id": "131131", "title": "", "text": "A rather good IRS paper on the topic states that a donation of a business' in-kind inventory would be  Under IRC 170(e)(1), however, the fair market value must be   reduced by the amount of gain that would not be long-term capital gain if the   property had been sold by the donor at the property's fair market value (determined   at the time of the contribution). Under this rule, deductions for donated inventory   are limited to the property's basis (generally its cost), where the fair market value   exceeds the basis.  There are references to IRC regulations in a narrative context you may find helpful: This paper goes on for 16 pages describing detailed exceptions and the political reasons for the exceptions (most of which are concerned with encouraging the donation of prepared food from restaurants/caterers to hunger charities by guaranteeing a value for something that would otherwise be trashed valueless); and a worked out example of fur coats that had a cost of goods of $200 and a market value of $1000."}
{"_id": "131164", "title": "", "text": "As the college education is very costly, I want to send USD 25,000 to him as a gift. What is the procedure and what Indian and American tax laws are involved ? This transaction will be treated as gift. As per Indian law you can transfer unlimited amount to your close relative [son-in-law/grandchildren/daughter/etc]. In US the gift tax is on donor, as you are no US citizen you are not bound by this. As your son-in-law/grandchildren are US citizens, there is no tax to them. Your son-in-law may still need to declare this in Form 3250 or such relevant returns. Under the Liberalized remittance scheme [Refer Q3], you can transfer upto USD 250,000 per year. There maybe some forms that you need to fill. Ask your Bank. If the amount is more than USD 25,000 a CA certificate along with 15CA, 15CB need to be filled. Essentially the CA certifies that taxes on the funds being transferred have already been paid to Govt of India. Can I send money to him directly or to his father who is submitting tax returns in USA? This does not make any difference in India. Someone else may answer this question if it makes a difference in US."}
{"_id": "131171", "title": "", "text": "\"Suggesting your own wares when people ask you where to buy something isn't \"\"anti-competitive.\"\" They are not a public service. The user chose Google and there's no shortage of alternative search engines. Anyone searching for services to find flights - e.g. by typing in \"\"online travel agent\"\" - will still find those services fairly ranked.  They're not even presenting the information as a standard result - it's a direct answer, like when you search with mathematical expressions. Does that feature give Wolfram Alpha grounds to complain about Google muscling in on the math business? Do we really want to establish binding legal precedent that search engines can only return naive results?\""}
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{"_id": "131187", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [United Nations of Debt: Visualizing $63 Trillion in Global Debt by Country](https://www.reddit.com/r/Economics/comments/79o6jh/united_nations_of_debt_visualizing_63_trillion_in/) on /r/Economics with 1 karma (created at 2017-10-30 22:48:32 by /u/InvisibleTextArea)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "131193", "title": "", "text": "One of the funnier parts of the finance crisis was seeing just how awful Morgenson could be. Every time she wrote something dumb, she'd manage to one-up herself the next time.  It was impressive.   (which made me remember that [Calculated Risk even had a tag](http://www.calculatedriskblog.com/search/label/Picking%20On%20Poor%20Gretchen) for posts about her awful stories.)"}
{"_id": "131210", "title": "", "text": "Agreed. It turns you into a bore. People who are addicted to pot are similar to alcoholics.  If you need marijuana for pain or other ailments I have no problem with it, I still think it should be legalized everywhere, I definitely won't be using it though."}
{"_id": "131223", "title": "", "text": "If it does happen I doubt it will be a rapid change. Just like electric cars one of the main hurdles will be getting infrastructure in place. Tesla has invested in a network of quick recharging stations around California, a Hydrogen based vehicle would similarly need Hydrogen fueling stations. Tesla and other competitors would have a lot of time to push out new designs."}
{"_id": "131224", "title": "", "text": "\"A stock insurance company is structured like a \u201cnormal\u201d company. It has shareholders (that are the company's investors), who elect a board of directors, who select the senior executive(s), who manage the people who run the actual company. The directors (and thus the executives and employees) have a legal responsibility to manage the company in a way which is beneficial for the shareholders, since the shareholders are the ultimate owner of the company. A mutual insurance company is similar, except that the people holding policies are also the shareholders. That is, the policyholders are the ultimate owners of the company, and there generally aren't separate shareholders who are just \u201cinvesting\u201d in the company. These policyholder-shareholders elect the board of directors, who select the senior executive(s), who manage the people who run the actual company. In practice, it probably doesn't really make a whole lot of difference, since even if you're just a \"\"customer\"\" and not an \"\"owner\"\" of the company, the company is still going to want to attract customers and act in a reasonable way toward them. Also, insurance companies are generally pretty heavily regulated in terms of what they can do, because governments really like them to remain solvent. It may be comforting to know that in a mutual insurance company the higher-ups are explicitly supposed to be working in your best interest, though, rather than in the interest of some random investors. Some might object that being a shareholder may not give you a whole lot more rights than you had before. See, for example, this article from the Boston Globe, \u201cAt mutual insurance firms, big money for insiders but no say for \u2018owners\u2019 \u2014 policyholders\u201d: It has grown into something else entirely: an opaque, poorly understood, and often immensely profitable world in which some executives and insiders operate with minimal scrutiny and, no coincidence, often reap maximum personal rewards. Policyholders, despite their status as owners, have no meaningful oversight of how mutual companies spend their money \u2014 whether to lower rates, pay dividends, or fund executive salaries and perks \u2014 and few avenues to challenge such decisions. Another reason that one might not like the conversion is the specific details of how the current investor-shareholders are being paid back for their investment in the process of the conversion to mutual ownership, and what that might do to the funds on hand that are supposed to be there to keep the firm solvent for the policyholders. From another Boston Globe article on the conversion of SBLI to a mutual company, \u201cInsurer SBLI wants to get banks out of its business,\u201d professor Robert Wright is cautiously optimistic but wants to ensure the prior shareholders aren't overpaid: Robert Wright, a professor in South Dakota who has studied insurance companies and owns an SBLI policy, said he would prefer the insurer to be a mutual company that doesn\u2019t have to worry about the short-term needs of shareholders. But he wants to ensure that SBLI doesn\u2019t overpay the banks for their shares. \u201cIt\u2019s fine, as long as it\u2019s a fair price,\u201d he said. That article also gives SBLI's president's statement as to why they think it's a good thing for policyholders: If the banks remained shareholders, they would be likely to demand a greater share of the profits and eat into the dividends the insurance company currently pays to the 536,000 policyholders, about half of whom live in Massachusetts, said Jim Morgan, president of Woburn-based SBLI. \u201cWe\u2019re trying to protect the policyholders from having the dividends diluted,\u201d Morgan said. I'm not sure there's an obvious pros/cons list for either way, but I'd think that I'd prefer the mutual approach, just on the principle that the policyholders \u201cought\u201d to be the owners, because the directors (and thus the executives and employees) are then legally required to manage the company in the best interest of the policyholders. I did cast a Yes vote in my proxy on whether SBLI ought to become a mutual company (I'm a SBLI term-life policyholder.) But policy terms aren't changing, and it'd be hard to tell for sure how it'd impact any dividends (I assume the whole-life policies must be the ones to pay dividends) or company solvency either way, since it's not like we'll get to run a scientific experiment trying it out both ways. I doubt you'd have a lot of regrets either way, whether it becomes a mutual company and you wish it hadn't or it doesn't become one and you wish it had.\""}
{"_id": "131225", "title": "", "text": "Double check with your broker, but if a series isn't open yet for trading, you can't trade it. If there is a series trading without open interest (rare), simply work your open, as options are created at trade. If you have enough money, do this https://money.stackexchange.com/questions/21839/list-of-cflex-2-0-brokers"}
{"_id": "131255", "title": "", "text": "I had a similar situation when I was in college. The difference was that the dealer agreed to finance and the bank they used wanted a higher interest rate from me because of my limited credit history. The dealer asked for a rate 5 percentage points higher than what they put on the paperwork. I told them that I would not pay that and I dropped the car off at the lot with a letter rescinding the sale. They weren't happy about that and eventually offered me financing at my original rate with a $1000 discount from the previously agreed-upon purchase price. What I learned through that experience is that I didn't do a good-enough job of negotiating the original price. I would suggest that your son stop answering phone calls from the dealership for at least 1 week and drive the car as much as possible in that time. If the dealer has cashed the check then that will be the end of it. He owes nothing further. If the dealer has not cashed the check, he should ask whether they prefer to keep the check or if they want the car with 1000 miles on the odometer. This only works if your son keeps his nerve and is willing to walk away from the car."}
{"_id": "131258", "title": "", "text": "Perhaps they shouldn't stray from their core competencies (as they've clearly done)?  Plus, consider their competition--bad software interface isn't one of the problems their competition has.  Microsoft really stands out as a loser as a direct result of these continual blunders.  Seriously, if they'd put a touch-based Windows 7 option in their Surface products, I'd consider a purchase right now for the RT (or whatever has the Wacom sketching capacity built into it).  That would work great for what I do, particularly when traveling."}
{"_id": "131282", "title": "", "text": "\"I'm a big fan of Mint. I tried Wesabe prior to mint and at the time (about a year ago) it was lacking the integration of many of my accounts, so I had to go with Mint by necessity. Since then, Mint has gotten better almost monthly. I can do almost everything I want, and the budgeting tools (which would address your \"\"6 months out\"\" forecast desires) and deal alerts (basically tells you if you can get a better interest rate on savings/credit card/etc) are really helpful. Highly recommended!\""}
{"_id": "131297", "title": "", "text": "Limiting liability to your investment is one of the main points of corporations. When you contract with a corporation you know that all you can get if the corporation defaults is the assets owned by the corporation, not the owners of said corp. There are plenty of covenants debtholders can put in place to restrain management from making decisions that can be detrimental to said debtholders.    &gt;So here is a case of a legitimate lawsuit, it was heard in court and Rich Dad was ordered to pay $24 Million to his former partner(s).  It seems that the corporation was ordered to pay, no? The man does not claim he can't pay it, he claims the corporate entity that is supposed to pay it can't pay it. I don't think the opposing side ever had an agreement with Kiyosaki on a personal level.  This man probably runs several businesses, there is a chance some may go under. It is a legitimate tactic to insulate each business from one another. The debtholders know this ahead of time and receive extra yield on their investment for taking these easily identifiable risks. If you don't want to invest with someone who doesn't have skin in the game, all you have to do is don't invest."}
{"_id": "131327", "title": "", "text": "If a shop offers 0% interest for purchase, someone is paying for it. e.g., If you buy a $X item at 0% interest for 12 months, you should be able to negotiate a lower cash price for that purchase. If the store is paying 3% to the lender, then techincally, you should be able to bring the price down by at least 2% to 3% if you pay cash upfront. I'm not sure how it works in other countries or other purchases, but I negotiated my car purchase for the dealer's low interest rate deal, and then re-negotiated with my preapproved loan. Saved a good chunk on that final price!"}
{"_id": "131334", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Ezee Auto Car Title Loans Glendora CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Ezee Auto Car Title Loans Glendora CA 147 W. Rt.66, #309-k, Glendora, CA 91740 626-263-4263 ezatlglendora15@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-glendora-ca/"}
{"_id": "131335", "title": "", "text": "PE can be misleading when theres a good risk the company simply goes out of business in a few years. For this reason some people use PEG, which incorporates growth into the equation."}
{"_id": "131351", "title": "", "text": "I don't know about down there but up here in Canada, unless those companies have some track history, you ARE personally responsible. Or at least that's how I remember it; someone feel free to correct me... (Unless you were wise enough and had enough capital to begin with a shell company)"}
{"_id": "131365", "title": "", "text": "but then they make suggestions such as paying extra each month on your mortgage. How else does one pay off his mortgage early other than by paying extra each month? The principal and interest are fixed, no matter how much money you throw at them. The interest rate is fixed. The total interest paid varies depending on how much extra you pay towards the principal. You'll pay the same amount every month regardless. That's factually incorrect. just put the extra money into savings At 1.2%, if you're smart enough to put it in an on-line savings account. until you have enough to pay off the mortgage Which costs you 3.5%. This way, the money is locked up in your home. Who says that all of your money must be locked up in your home?  (I'm sure that there are financial advisors who recommend that you throw every single spare dime into extra mortgage payments, but they're rare.) Am I missing something? Yes: the mathematical sense to see that a 3.5% loan costs more than than 1.2% savings earns you"}
{"_id": "131379", "title": "", "text": "But look at how TV programmes,  newspapers, radio stations make their money from advertising.  Social media is a great business model in the advertising world because you have total control over which demographic sees your adverts.  Even better, the people who use the social media site also make the content - for free. I do think it's a bubble and has a very fickle user base but if they get it right there is a huge amount to be earned without charging to view the content. So I don't agree that it's a bad business model as such, it's just hard to get right."}
{"_id": "131380", "title": "", "text": "Theoretically the yield curve is an expectation of inflation, however in practice (currently) the government yield curve is an expectation of banking fear.  As you put your money with the government if you think the bank is going to default. With the FED lowering the longer end and making government less attractive, operation twist should theoretically lower both long term corp bond rates and stop people from buying long gov bonds (crowding out of capital)."}
{"_id": "131381", "title": "", "text": "\"Out of your seven recommendations one is up 14%, one up 6%, four are either even or down slightly and one is down a whopping 40%. This reminds me of a recommendation earlier in the year provided by The Motley Fool to buy XRO.AX when it was around the $40 mark. I had a quick look at it and thought \"\"gee there is no way I am buying those shares\"\". Now they are just below $15. See the chart below:  You have just learnt a valuable lesson by testing these recommendations without your real money - never trust investment recommendations from analysts (or anyone else). Get yourself educated so you understand what analysts are talking about and you can make a decision for yourself. Better still learn about technical analysis so you can decide for yourself whether it is the right time to buy or sell.\""}
{"_id": "131382", "title": "", "text": "If you move money - you don't need to pay any taxes. If the money was not there before and magically appeared at some point and now you want to move it - you'll have to explain a thing or two to the IRS and FinCEN. Generally, if you're a green card holder - you pay taxes on your worldwide income. So if you have a foreign account that earns interest - that interest is taxable to you in the US. In the year you earned it, not in the year you moved the money to the US. There are also reporting requirements (FBAR notably, and others). If you haven't filed FBAR with regards to the accounts which you now want to move, and especially if that also includes unreported income (interest and other) - you may find yourself in a very deep s#!t. Sorry, very deep troubles. Talk to a tax adviser (EA/CPA licensed in your State). A proper consultation is warranted, if you haven't had one already. You might need a tax attorney."}
{"_id": "131391", "title": "", "text": "I recently engaged in a dispute with a ski resort that was proposing several hotels (about 500 rooms) along with a new lodge, which will host conventions.  I have a home (3 bedrooms) I rent on Airbnb located next to the resort and was a statutory party to their permit hearing.  After all was said and done, I managed to take away approximately 250 parking spots, forcing them to build a parking garage.  They were permitted for the new lodge, which they are building now, but not for the hotels.  I will now be able to raise my rates as there will be a severe lack of short term housing to accommodate the new lodge."}
{"_id": "131393", "title": "", "text": "You can check your score through your discover card account (only credit card)  2 month difference   Nothing has changed. Have gone about regular business with no dramatic increase in spending  I'm 21 and I'm almost exactly a year into my first card"}
{"_id": "131395", "title": "", "text": "Disclaimer: I\u2019m not an expert.  This is my basic understanding, which I\u2019m sure someone will be glad to tell is horribly wrong...  You need an LLC.  Many people in my area create an LLC management company, then create individual LLCs for each investment property.  Laws vary by state.  YMMV  Then you start researching properties.  Commercial loans typically require a higher equity position than home ownership.   Assume minimum 30%.  For ease of this conversation let\u2019s say you\u2019re making the horribly poor decision to put that towards a single property.   You\u2019d be looking for a property in the 175-200k value range, because you\u2019ll need to account for settlement expenses (attorney, broker, consultants) and a cash reserve.  You\u2019d be also be looking for what the average cap rate is for your market.  In simplistic terms cap rate is the expected rate of return after expenses.  So if the average market cap rate in that region for comparable properties is 5%, you can expect around 5% return on your investment, after you pay fees, maintenance, taxes, insurance, interest, etc.  Buy a property and hold that property for a few years, making money every year, and claiming deductions on your earnings for something called depreciation.  Fast forward 5 years and you\u2019re ready to sell, the value of your property went up because you made improvements along the way, brought in some better tenants who are paying higher rents, and now you can offer a better cap rate than your competitors.  You sell in the blink of an eye, and double your investment.  Say you have $500k now sitting in the bank in you LLC\u2019s name, in cash.  You can either choose to cash out 100% and pay capital gains tax on your earnings above your basis (at 15% I think?)... OR you can quickly find a new property with that $500k, purchase it, and file a 1031, which says you don\u2019t have to pay ANY capital gains on those earnings.  You just increased income significantly without ever paying taxes on the underlying increase in value of your assets.  Rinse and repeat for 25 years, develop a portfolio of properties, create a management company so you can stop paying others a percentage of your earnings, and you too can have the problem of too much money.  I welcome anyone with actual knowledge of the topic to please expound on, or correct me."}
{"_id": "131403", "title": "", "text": "All day. We make markets are pretty much anything. We just don't price anything. If we can go in house that's what we'll do if not we'll go external. We so see decent flow, but nothing like capital markets sees.  You guys hiring? :)"}
{"_id": "131411", "title": "", "text": "\"I think the best advice you could get would be to find a lawyer. If that foreign company has any presence in the US, they should be the ones signing off as the successor, otherwise you may find yourself in a limbo that would require some legal assistance. Generally, in most States a Corporation cannot be dissolved without resolving issues like this, which is probably why they told you \"\"the plan is terminating\"\". Someone asked them to terminate it. You need to find that someone.\""}
{"_id": "131421", "title": "", "text": "That's a very good question.. of which I didn't know the answer. I didn't pay very close attention when they actually IPO'ed, so I researched just now and I couldn't believe the amount of public complaining the banks did about Google's IPO structure. Hilarious in retrospect.   Either way, in a very satisfying development, Google only paid 3% on the underwrite. The offering was worth almost $3B which means $100m for the banks, but they didn't have to do a road show or make a single call to sell the thing, so I'd say that was more than fair.  {[Source](http://www.slate.com/articles/business/moneybox/2004/07/frugal_google.html)}  &gt;Google's IPO price will thus be set naturally by all interested market participants, not artificially by underwriters. Google\u2014and not well-connected investors\u2014will receive the full benefit of investors' enthusiasm for the stock. To add insult to the injury of the chastened investment bankers, Google has decreed that it'll only pay a 3 percent underwriting fee."}
{"_id": "131441", "title": "", "text": "&gt;One of the easiest mistakes to make in business is assuming that your own anecdotal experience applies to everyone on earth.  Yep. I'm in marketing, and early on, a good marketer learns to separate what they don't personally like. For example, I don't like exit popups. (The things that come up when you move the mouse to leave a website.) Guess what? They work."}
{"_id": "131448", "title": "", "text": "\"&gt; The US didn't come in and seize any Iraqi oil.  That statement is just blatantly wrong and expresses a profound ignorance.  There have been articles and books written about the \"\"broken oil gauges\"\" found at Iraq's gulf oil terminals.\""}
{"_id": "131449", "title": "", "text": "&gt;The problem I have with this line of logic is that it's pretty much the anti-net neutrality argument.  I think there is a key difference here, at least for me. I view internet access as a utility, like water or power. Companies shouldn't be able to arbitrarily decide who gets access to those utilities. Some people may not see it the same way and that is fine."}
{"_id": "131451", "title": "", "text": "\"For example, for my employer I received a signing bonus, and a   \"\"relocation lump sum\"\" separate from that signing bonus. The relocation   lump sum is taxed and will appear as income on my W-2, and I can spend   it on anything I want. That said, should the relocation lump sum count   towards the entry quoted above in Form 3903, or would it be considered   the same as any other bonus; thus allowing me to take a full deduction   for all of my deductible travel expenses? The signing bonus and relocation lump sum will appear as regular income on your W-2. You can think of the relocation bonus as something to cover the pain and suffering the cost of moving, without needing to send in receipts. Lets assume that you meet the distance and time tests, so there is potential to save money on your taxes. Lets also put your actual moving expenses as $2500. If you have valid moving expenses the IRS will allow you to use them to reduce your AGI. So now you can reduce your AGI by the $2500.  Enter the total amount your employer paid you for the expenses listed   on lines 1 and 2 that is not included in box 1 of your Form W-2   (wages). This amount should be shown in box 12 of your Form W-2 with   code P. My question is: what exact payments from your employer should be   entered here? I realize that you can just write the number you get in   box 12 with code P on your W-2, but I'm curious how they come up with   this number. In some cases the company will reimburse you your moving expenses up to a maximum of $x. For example a maximum of $1000 That means you submit receipts for those expenses and they give you a check or add it to your next paycheck. The check will either be for the amount on your receipts or the maximum amount, whichever is smaller. In this situation with actual expenses of $2500 and a reimbursement of $1000 you can reduce your AGI by $1500.\""}
{"_id": "131453", "title": "", "text": "The most likely answer to your question regarding what the 'market expects' is perhaps that the market expects that currently Linked-In like a lot of other startups has been plunging almost eveything it makes into building the business and brand.  So right now the net profits are pretty low percentage of income (roughly 1.5% of revenue)  Given the size of the other numbers, it doesn't take a lot of movement in the right direction to get a big change in that tiny final number.  The other factor is the gap between their Net and the Income Available..  I think (but I'm making a logical guess here) a large part of that gap was paying off the losses of the prior two years.  If that's the case, and everything else is static, then next year's 'available' number ought to at least triple.  In order to grow the net, all LI needs is to either continue current trends of growth in expenses relative to costs,  keep expenses steady and experience a slight growth in income, or find a way to reduce expenses without having it impact income. Or something in between those three.   If we take the first case as an example, income has been roughly doubling every year, but expenses growing less than that.  if they were to continue that, but manage to get some economy of scale and have expenses grow at a slower rate, then the jump in net income ought to be substantial. most of the trends you could project end up with a big growth in the bottom line.. but yeah I gotta admit, none of that gets you 117X growth in a single year.  So the conclusion I would draw is that the market is trending a few years out and being pretty optimistic given the current PE ratio.  Of course you could also conclude that the market is 'social network happy' and LNKD represents one of the few opportunities for the average investor to get in on that given that facebook and myspace are not trading on the open market"}
{"_id": "131462", "title": "", "text": "I think the straight productivity curve is supposed to represent the idea that the economy is always growing as opposed to shrinking overall, like you said. I beleive the video leaves out the idea of innovation to keep it simpler and cut down on length(Of an already half hour video). Thanks for the connection between innovation and productivity. Im new to this stuff and it hadn't occured to me."}
{"_id": "131464", "title": "", "text": "Someone already mentioned that this is a risk-reversal, but as an aside, in the vol market (delta-hedged options) this is a fundamental skew trade. (buying calls, selling puts or vice versa). Initially vega neutral, the greek that this trade largely isolates is vanna (dvega/dspot or ddelta/dvol)."}
{"_id": "131472", "title": "", "text": "It depends on the service. Retail has been and will continue to die. People are turing to online more and more over in store experiences. Amazon just bought Wholefoods. I think what's been considered standard for the grocery industry is off the table for now."}
{"_id": "131483", "title": "", "text": "The LLC will not be liable for anything, it is disregarded for tax purposes. If you're doing any work while in the US, or you (or your spouse) are a green card holder or a US citizen - then you (not the LLC) may be liable, may be required to file, pay, etc. Unless you're employing someone, or have more than one member in your LLC, you do not need an EIN. Re the bank - whatever you want. If you want you can open an account in an American bank. If you don't - don't. Who cares?"}
{"_id": "131488", "title": "", "text": "What are my options, if any, in how to deal with a buyout that forced me to sell, and accept cash only for my Florida USA company shares? Options are limited;"}
{"_id": "131502", "title": "", "text": "\"This is called \"\"import duty\"\", and it is based on the value of the goods imported. The one to pay the duty is the importer/receiver. As long as you fill the correct information (including the description and value of the items sent) on the USPS customs form (which you'll have to attach to your USPS shipment), you're good to go.\""}
{"_id": "131510", "title": "", "text": "An idiot wrote that story. Right out of the gate they are plain wrong. Interns must be paid (federal law) unless they are SOLELY learning and not performing any work to the benefit of the company. The author should have at least researched one fact. Any fact would have done fine. It's a purely ignorant article.  Source: I've owned multiple business for the last 20 years."}
{"_id": "131517", "title": "", "text": "Prescribed, sure. I usually don't have a problem with people taking prescribed drugs (except the tragic overuse of antibiotics that in the end is going to kill us all, but that's another issue completely), but I do have a problem with people self-medicating  because they've read somewhere that it's good for you.  I recently watched a German documentary about Aspirin, where medical professionals talked about the wide-spread (not prescribed) use of Aspirin and how people don't think about the consequences of using Aspirin, because it's so commonplace that they don't even see it as medication anymore. Especially in surgeries, this is a problem due to the reduced clotting factor."}
{"_id": "131527", "title": "", "text": "If you have no paycheck, I presume you are doing your own business. That is included. Also, that is only limited to business, Studies, personal growth and other things are different again.  Oh, and if you can predict with high probability a high profit event in 5 years time, considering today's climate, I'm V.impressed. I'm relying on having as many basis as possible covered. It's a bit like a lottery (Though the odds are a lot better), the more tickets you have, the better your chances of hitting the big one."}
{"_id": "131564", "title": "", "text": "I do agree on prices and in-stock materials. But I've also gotten some cheap shit at Menards. I bought a pneumatic staple gun because it was fairly cheap, the gun itself starter leaking air the first time I used it."}
{"_id": "131569", "title": "", "text": "Would you classify the Equifax scandal as a medium sized shock? I am 100% in agreement with your points, which is why when the Equifax news started to break I was very worried that was going to be the trigger. Why do you think that didn't have an impact, or could it still?"}
{"_id": "131595", "title": "", "text": "In THEORY, you don't have to pay income tax in such a situation. In actual fact, the transaction looks suspicious because the money went into your account.  Presumably, the money should have gone OUT of your account in equal amount.  Having allowed all this to happen, what you need to do is to DOCUMENT this activity ASAP. The first thing to do is to retain the paperwork showing the sending of the funds to the third party. The second thing to do is to ask your friend for a letter dated TODAY (don't use an earlier date) as to why the money was delivered into your account, and corroborating the fact that it was sent to the third party. Then if the IRS comes calling, you will have documentation to prove your point and protect yourself."}
{"_id": "131635", "title": "", "text": "\"Like Dheer said, the demand for shorter term money is greater than for longer term money, precisely because the banks don't want to have to pay big interest rates for long periods. Banks borrow short term and lend long term - so they take money from you for one year, and lend it away as a 20 year mortgage. After a year, they take money for another year. Since short term rates tend to be higher than longer term rates, they make money off the \"\"spread\"\" (or the different between the rate they lend and the rate they borrow). In this scenario, banks should pay higher for longer term deposits, but overall banks realize that interest rates will go up and down, and they don't want to lock the \"\"up\"\" for a longer term. Since banks believe that rates will come down in the 1-2 year period, they offer good rates only till the 1 year period and disincentivize longer term deposits by offering lower rates. If you look at the interbank or money markets, trading of very short term bulk money shows that for the 10-15 day periods, the interest rates being offered are 10% or so, while for one year it's just 9.5%. The market believes that interest rates will go down in the one year time frame - but you never really know since this is just a bunch of people that believe so. Eventually, if rates continue to go up, the demand at the longer term will also go up, because it will become obvious that the rate pressure continues to be strong.  If you do want higher rates for the long term, check out State bank of India bonds that are currently trading on the NSE (you can buy them if you have a brokerage account) They are just about as safe as SBI Fixed Deposits, and the rate being offered is around 9.3%, for a 10-15 year term. Hope that helps!\""}
{"_id": "131651", "title": "", "text": "They are providing you a service and they charge you for it. The service includes giving you a trading platform(website and the infrastructure), doing all the background work for setting up services for you, relaying your orders to the market or as a broker fulfilling your orders, doing settlement when an order is matched, giving you access to the stock market(the costs are quite high to get a license to relay orders to the market and I believe it needs to be renewed every year). There are transaction fees which the stock exchanges charge the brokers to use the stock markets infrastructure and connect to it. And then interfacing with banks for monetary transactions and also doing according to the law in the jurisdiction they are located in. Most of it is an one time cost, but they are a private enterprise out to make profit so they will charge for their services."}
{"_id": "131660", "title": "", "text": "Take all of the overachieving wannabe investment bankers that you went to college with and stick them in an echo chamber, and you have WSO.     I wouldn't overthink it. As you identified, it's all over the top, and not at all reflective of reality. That said, there is some really insightful content on there from time to time from individuals who really know their stuff (Thebrofessor, blackhat, etc).    Some of the users are legitimately taking the piss though (Dick Fuld...)"}
{"_id": "131674", "title": "", "text": "\"I *loved* the Zune.  I had a ZuneHD (the 16g touch screen, sort of like the ipod touch, but smaller form factor).  The PC software was actually _good_.  The device was great, it played music wonderfully.    The only reason I don't have a Zune anymore is because I got an Android phone (HTC Incredible) back then, and I have a strict personal policy of \"\"one overpriced gadget on me at any time\"\", and I wasn't going to carry a music player and a phone when the phone can do both just fine.\""}
{"_id": "131676", "title": "", "text": "You might be better off soliciting software engineers on AngelList.  Coder and programmer is a bit derogatory also -- you are seeking an Engineer.    With that said, I've been approached numerous times for things like this and the answer is always no.  You are basically looking for a cofounder so be prepared to give away 50%.  You need seed capital, and you don't really need an engineer for that so you should formalize the business plan and get funding.  If you can't convince someone for 50 or 100k of seed then the idea is probably flat and you won't find an engineer who wants to touch it."}
{"_id": "131685", "title": "", "text": "If I remember correctly, the Netflix settlement was rejected under similar circumstances.  The court ended up agreeing that offering free advertising was not a /punishment/ to Netflix.  The same should hold here, too.  Sooo...  Now we just need a convenient way to object..."}
{"_id": "131696", "title": "", "text": "The short answer is you'd be much better off paying up front in this case.  The present value of $2,500 plus 12 $500 monthly payments is $8,128 at a 12% discount rate, which is much higher then the $6,000 you could pay now. The long answer is how you get that present value.  How can I use time value of money to find the present value of money if I choose to go with option A? First of all, I'd question your discount rate.  A 12% discount rate means that you can safely reinvest the money that you're not spending today at a 12% annual (1% monthly) rate, which seems very high.  Normally for short-term spending decisions you'd use a risk-free rate, which would be closer to 1%-2%. However, to discount at 1% monthly you'd just divide each monthly payment by 1 plus the discount rate raised to the power of the number of periods until each payment. So the total is which is $8,127.54 You could also use the NPV function in Excel. It seems like to get an accurate answer the calculation of the interest rate should take into account compounding period as well? Correct, and in the example above the compounding is assumed to be monthly since that's the periodicity of the cash flows. You could calculate it with a different compounding period but it gets much more complicated and probably wouldn't make a significant difference. The discount rate does take compounding into effect, meaning if you saved the $5,628 (the PV of $8,128 minus the $2,500 initial payment), you'd earn 1% interest on $5,628 the first month, $5,128 plus that interest the second month, etc."}
{"_id": "131699", "title": "", "text": "\"You're welcome to hold any opinion of my writing as you like, but after actually typing my name \"\"Amy Hoy\"\" you still refer to me as a \"\"he\"\"? Amy is a girl's name and my picture is obviously of a woman.   The culture I'm complaining about is everywhere, not just in b-school. Look at Hacker News, TechCrunch, or any kind of startup event. Or the VCs who got together to lament \"\"dipshit companies\"\" as anyone who doesn't swing for the fences:  *The VCs, for their part, fight back more quietly. They point out that very few angel funded startups end up very big or interesting. \u201cAn entire generation of entrepreneurs are building dipshit companies and hoping that they sell to Google for $25 million,\u201d lamented a venture capitalist to me recently. He believes that angel investors are pushing entrepreneurs to think small, and avoid the home run swings. And you don\u2019t get a home run unless you swing hard, he says. When you play it safe you nearly always lose.*   http://techcrunch.com/2010/08/15/venture-capital-super-angel-war-entrepreneur/  If you (anyone, not OP) don't think this attitude is rife, you're not paying attention.\""}
{"_id": "131703", "title": "", "text": "The technical feature exists to (1)block all ACH activity, (2)block all ACH credits, or (3)block all ACH debits attempting to post to the deposit account.  The large financial institutions will not deviate from their company policies and won't offer something like this for a personal account.  The smaller institutions and credit unions are much more willing to discuss options.  Especially if you maintain a large deposit balance or have many products with the institution, you might convince them this feature is very important and insist they block all ACH activity on your account. This feature is used frequently on controlled asset accounts where the balance must be frozen for a variety of reasons."}
{"_id": "131723", "title": "", "text": "Interest rates are always given annually, to make them comparable. If you prefer to calculate the rate or the total interest for the complete time, like 10 years or 15 years or 30 years, it is simple math, and it tells you the total you will pay, but it is not helpful for picking the better or even the right offer for your situation. Compare it to your car's gas mileage- what sense does it make to provide the information that a car will use 5000 gallons of gas over its lifetime? Is that better than a car that uses 6000 gallons (but may live 2 years longer?)"}
{"_id": "131728", "title": "", "text": "The best way to build your online traffic is using social media platform because it gives you millions of users at the same time and also they can subscribe to your page. Apart from this if you upload something new post or upload so they can easily get a notification. How to get more traffic to my site, Now these days social media if of the biggest marketing and promoting your brand among customers. For further more details about the mdwtraffictips, you can read our new latest blog for more free general tips and tricks."}
{"_id": "131761", "title": "", "text": "COBRA premiums are not deductible on 1040 line 29; to qualify, the IRS says the insurance plan must be in your name (COBRA is in your former employer's name).  H&R Block confirms this."}
{"_id": "131770", "title": "", "text": "\"LOL!!!!  Oh Jesus... the FBI (yes, the FBI) thinks that Hillary mishandled top security e-mail(s) but \"\"there was no intent behind her actions, so she will not go to jail\"\" (but a sailor who took a picture of a ship and never even shared it is in jail for 10 years).  The FBI is part of the political system. Trump will change that.  **Any, I asked you to use COMMON SENSE, and not what you are told by the FBI and the fake media. Do you think the Russian could possibly rig the election for Trump from July until November?**  Or, is it a simple case of Americans hating Hillary and the DNC for their corruption, incompetence, crimes, cheating, killing, mishandling, etc?\""}
{"_id": "131774", "title": "", "text": "The lifetime limit would be very peculiar. The question for the IRS is, whether this is a gift of some sorts, which is why they become interested at some point. In the US, you as the giftor would have to pay the taxes. The bank might inquire too, due to money laundering issues. The bank will anyhow report transactions above a certain size to the IRS. As long as you are sending money to yourself, you should be fine, as this is clearly not a gift. If you send it to 3rd person, then this is either for a service, in this case you need a bill or is a gift, in which case you require to pay gift taxes."}
{"_id": "131788", "title": "", "text": "Let's say that you bought a share of Apple for $10. When (if ever) their stock sold for $10, it was a very small company with a very small net worth; that is, the excess of assets over liabilities. Your $10 share was perhaps a 1/10,000,000th share of a tiny company. Over the years, Apple has developed both software and hardware that have real value to the world. No-one knew they needed a smartphone and, particularly, an iPhone, until Apple showed it to us. The same is true of iPads, iPods, Apple watches, etc. Because of the sales of products and services, Apple is now a huge company with a huge net worth. Obviously, your 1/10,000,000th share of the company is now worth a lot more. Perhaps it is worth $399. Maybe you think Apples good days are behind it. After all, it is harder to grow a huge company 15% a year than it is a small company. So maybe you will go into the marketplace and offer to sell your 1/10,000,000th share of Apple. If someone offers you $399, would you take it?  The value of stocks in the market is not a Ponzi scheme, although it is a bit speculative. You might have a different conclusion and different research about the future value of Apple than I do. Your research might lead you to believe the stock is worth $399. Mine might suggest it's worth $375. Then I wouldn't buy. The value of stocks in the market is based on the present and estimated future value of living, breathing companies that are growing, shrinking and steady. The value of each company changes all the time. So, then, does the price of the stock. Real value is created in the stock market when real value is created in the underlying company."}
{"_id": "131795", "title": "", "text": "Now you have contradicted yourself.\u00a0 You tried to compare half an inflation adjusted wage to Amazon's current offering based on some unknown point in history.  What you are saying is since you were underpaid it is a good trend.\u00a0 Nearly everybody in America disagrees with you."}
{"_id": "131796", "title": "", "text": "\"He's talking about startups. Typically everyone wears a lot of hats, has a \"\"get shit done\"\" attitude,  and self-manages.  If you need managers at a startup, you've hired the wrong people.  Obviously, once you've finally built a well-oiled machine you'll need operators to run it.\""}
{"_id": "131804", "title": "", "text": "Much like any human interaction, a successful phone conversation rests on making a good first impression. Consequently, your customers would rather talk to a professional who is polite, patient, and knows his stuff rather than to a novice who stumbles over every word."}
{"_id": "131831", "title": "", "text": "\"It is indeed, mostly because the various factors you need to take into account will change depending on the company. An Australian mining co funding a new settlement or harbor has nothing in common with a small European packaging company looking to acquire a competitor, except they both need to raise money.  As far as I know, to become \"\"proficient\"\" in that field, the only way is to go through heaps of case studies, which won't be found easily outside of the financial world (sell side research, conversation with experienced buy side analysts/PMs/traders or sell side cap markets pros).   It is niche knowledge with a narrow focus and a high potential for value added, hence, not really widely shared.  The good news though is that it isn't really that complex, it just takes (lots of) work and being in the right place (internship or entry level position in a market or M&amp;A oriented bank).\""}
{"_id": "131842", "title": "", "text": "\"Oh, how about something like \"\"I'd rather not. It exposes me to more   financial liability than I want. If   you were in the hospital, or some   emergency like that, it might be   different, but...\"\"\""}
{"_id": "131851", "title": "", "text": "wtf.  look at that image.  its supposed to show a horrible, disgusting, greedy, rich, 80-year-old unfairly hoarding money.  but check it out -- the mattresses are old and cheap, bare like in a flophouse, and the bills are $1 and $5.    statistically, i think being scared and hiding your fixed-income under a crappy mattress is a more accurate depiction of old age nowadays, than being a trillionaire and bathing in champagne.  i realize this will be an unpopular thought.  its very satisfying to have a group to blame for everything.  its scary the extent to which we're being led to hate each other in groups  =:-("}
{"_id": "131852", "title": "", "text": "There is no right answer here, one has to make the choice himself. Its best to have an emergency fund before you start to commit funds to other reasons. The plan looks good. Keep following it and revise the plan often."}
{"_id": "131853", "title": "", "text": "\"From your own article they attribute it more to how they handled the banking crisis. And then there's this:  &gt;\"\"The lessons don't transfer directly because of the relative size of the old banks in relation to the economy. What we were left with was quite manageable,\"\" said Jon Bentsson, senior economist at Islandsbanki.  Also, Iceland is an extremely small country, with just over 300k people. Lessons learned at that scale don't translate well to countries like America, with three orders of magnitude (just over 300 Million) higher numbers of people.   But true enough, I did not ask that question so I am willing to admit when I am wrong. Iceland did indeed recover with austerity measures in place.\""}
{"_id": "131854", "title": "", "text": "In Australia, you will typically be required to pay for mortgage insurance if you borrow more than 80% of the value of the property.  Basically this means another ~1% on top of the regular interest rate.  So it's in your interests to save until you can at least reach that point. If you can't rent and save at the same time, it suggests your finances may be too stretched for buying now to be a good idea."}
{"_id": "131870", "title": "", "text": "&gt; Essentially what the author is saying, I think, is that wages have been replaced in part by provided services, whether we want or need them, or not.  The report mentioned in the article finds wages stagnated when adjusted for inflation, not cost of living.  This means the increased costs of Internet, cable, and cell service are not accounted for in the stagnant wages and people have to pay for them on top of not getting paid more.  &gt; ...we should ignore what we are being paid, and just be happy with all the gadgets we can get on the cheap, and the services that are provided for us.  Funny how that attitude doesn't apply when we talk about raising taxes on the wealthy."}
{"_id": "131879", "title": "", "text": "It does when you argue that a single factor is causing the price chart to move a certain way.  If they start to think it's perhaps more complicated than that, then yes, it breaks down quickly, which was precisely my point."}
{"_id": "131884", "title": "", "text": "&gt; That said, the non-profit also was likely to enroll about 1,000 students at nominal tuition levels, whereas the for-profit is likely to enroll tens of thousands, with dozens of staff doing nothing but making sure their students get the largest possible student loans.  I get what you are saying, the non-profit isn't causing as much long-term damages as these for-profit Johnny-come-latelys. Has anyone taken the numbers and really crunched them?  I feel like the problem is the perverse incentives created by the student loan system. There isn't anything inherently wrong with for-profit colleges, but there are issues under the current system because of the way we extend credit to students. Anytime credit is available, the big, corrupt banks are not far behind.  I say get rid of the loan programs and see how these for-profit schools adjust. I think they would probably be able to adjust more quickly and possibly even get better than the non-profit schools, due to their lack of legacy contracts and traditions."}
{"_id": "131894", "title": "", "text": "&gt; It claims to own a large portion of your income...  No, it takes money to pay for services provided to you. The public agreed to this transaction by electing representatives that negotiated the amount you would pay and the services you would receive in exchange.  Or do you believe you have a right to not pay for a military that protects you?"}
{"_id": "131906", "title": "", "text": "\"I would actually disagree with MrChrister on this. You can afford yourself the car in this price range paid cash. I don't know how exactly you spend your income, but from my experience, in expensive California, saving $20K a year from $70K income with $800/mo rent is feasible. Having a loan on your credit report which is paid on time and in full will definitely help you rebuilding your credit. Your calculations re the costs of the loan are based on the assumption that you're going to keep the loan for the whole period. Don't do that. See #1 - you can repay this loan much quicker than the 3 years it should originally have been. 6 months of the loan which is then paid off will do marvels to your credit report and credit score. Yes, it is going to cost you some, but in your particular case I would argue that its worth it. You're an adult now, you need credit cards, you'll need a mortgage at some point, you need to rent a place to live - all these require a good credit report. Just waiting, as MrChrister suggests, will help, but much much slower.  Having said that, a seller that \"\"cannot discuss the terms over the phone\"\" is most likely a dishonest person. Once you're there and in front of him it is harder for you to verify information, resist signing papers, and negotiating.\""}
{"_id": "131917", "title": "", "text": "That's like saying corporations ruin the economy because they employ people that could otherwise start their own successful business.   Why didn't those people start a successful business? Why do people work for corporations?  Building infrastructure in poor countries adds to the resources that these people can tap into and also adds value to their community."}
{"_id": "131926", "title": "", "text": "\"I agree about not wanting to get into your friend's personal business, and it's a scummy bill collector that repeatedly calls friends or family to track down a debtor. On the other hand, at least he's made it obvious he's calling about a debt as opposed to pretending to be tracking down your friend with some other pretext. Nevertheless, you want the calls to stop.  Here are two suggestions: Perhaps, a small fib: \"\"The creep owes me money too! Grrr! Let me know when you find him!\"\"  The bill collector probably won't call you again :-) Or, if you're like me and uncomfortable fibbing \u2013 even to a scummy bill collector! \u2013 then here's a more truthful yet direct approach: \"\"I told you already it's not my debt, it's none of my business, and that I want you to stop calling me.  You have no right to harass me and if you call again I will involve the police.  There will be no other warning.\"\" Then have the phone company block the bill collector's phone number from calling you.\""}
{"_id": "131935", "title": "", "text": "\"driven by his fervent, conservative belief that debtors should pay creditors all of the money they owe   ...    yeah right. and wasn't the supreme court decision nearly unanimous? that's a bit more than a \"\"handful\"\" of judges. i dunno man. huffpo fails to convince me.\""}
{"_id": "131955", "title": "", "text": "I just researched it a bit more and you are correct. It is essentially only a drive-reduction gear and a reverse gear. This means there is very, very little to be serviced on the entire drivetrain. The biggest service issue is the battery pack, and that has a lifetime that is accounted for in the 8 year warranty limit. So Tesla is not sweating the number of miles, honestly."}
{"_id": "131957", "title": "", "text": "Are you trying to figure out if a project would increase the market value of equity?     I think your issue is that the Market value of Equity will not be updated with the NPV of 40M (Assuming it is truly +, not sure if it's true with 50M of debt).      EV = Market Value of Equity + Debt - Cash and CE   Ev - Debt + Cash and CE = Market equity value.     So I think you would have to update the market value of Equity up with 40M. This would then lead to EV = Equity Value + future income stream discounted + debt - Cash and Cash Equivalents."}
{"_id": "131959", "title": "", "text": "\"Alternative Minimum Tax is based not just on your income, but moreso on the deductions you use. In short, if you have above the minimum AMT threshold of income (54k per your link), and pay a tiny amount of tax, you will pay AMT. AMT is used as an overall protection for the government to say \"\"okay, you can use these deductions from your taxable income, but if you're making a lot of money, you should pay something, no matter what your deductions are\"\". This extra AMT can be used to reduce your tax payment in a future year, if you pay regular tax again. For example - if you have 60k in income, but have 60k in specific deductions from your income, you will pay zero regular tax [because your taxable income will be zero]. AMT would require you to pay some tax on your income above the minimum 54k threshold, which might work out to a few thousand bucks. Next year, if you have 60k in income, but only 15k in deductions, then you would pay some regular tax, and would be able to offset that regular tax by claiming a credit from your AMT already paid.  AMT is really a pre-payment of tax paid in years when you have a lot of deductions. Unless you have a lot of deductions every single year, in which case you might not be able to get all of your AMT refunded in the end. Wikipedia has a pretty good summary of AMT in the US, here: https://en.wikipedia.org/wiki/Alternative_minimum_tax.  If you think AMT is unfair (and maybe in some cases you might pay it when you think it's \"\"unfair\"\"), look at the root causes of paying AMT listed in that Wikipedia article: I am not trying to convince you that AMT is fair, just that it applies only when someone already has a very low tax rate due to deductions. If you have straight salary income, it would only apply in rare scenarios.\""}
{"_id": "131970", "title": "", "text": "Damn Qdoba :P Knows they just lost their only edge with queso coming out.   Seriously though this has been my pet theory for a while now. Wouldn't even have to be some crazy conspiracy, maybe just some local restaurant owner whose cousin works at chipotle and had a shitty manager he hated. Hears about it happening before and figures maybe he can boost his business with a copycat crime."}
{"_id": "131989", "title": "", "text": "based on my understanding of your query...well you need to understand ATM and ITM options. The  delta and gamma factor specifically. Usually delta of ATM is around 0.5 while ITM option is above than that say 0.6 or 0.8 or 0.9 and deep ITM is very close to 1. for every movement of 1 buck the ITM will move say 1.6, ATM 0.5 and OTM 0.3 approx Say a ABC stock price is Rs. 300 so if you check option chart you try to see which one is closer. Suppose you find strikeprice of 320 / 300 / 280. So  320 is ITM, 300 is ATM and 280 is OTM for call options. So will the delta value (e.g 0.66 / 0.55 / 0.35). So suppose if stock price rise by 7% i.e Rs. 321 then strikeprice will rise simultaneously. Say ATM CE300 is rs.10 it will start rising by 0.55 i.e. Rs.10.55. The moment the share price move from Rs.300 to Rs.320 your ATM will turn to ITM. Now the tricker part if you buy OTM and the share price rise by 15% your OTM will now become ITM and your profit will roll around 100% to 120% approx. Hope it answers your query"}
{"_id": "131996", "title": "", "text": "Traders trade for a living, stockbrokers tell people to get involved in trades for a living. To be employed as a trader, you need a proven track record of being able to consistently make money. To be employed as a stockbroker, you need to get licensed but you don't need to prove you can consistently make money."}
{"_id": "132005", "title": "", "text": "In my mind these are quite different, though maybe there is some vague analogy in meta-space that is escaping me.  This isn't about manipulating scarcity or demand, it's about manipulating pricing. I guess the common thread is that it's about manipulating. :)  The motivation is to skirt the commercial code requirement that you can't charge people differentially by ability-to-pay by dividing the market into a high end and a low end, and giving the people who can't pay as much a less desirable product.  In this case, producing the high end product is easily possible to do for everyone, but if you put it at the high price, you'd get too few buyers and if you put it at the low price, you'd leave money on the table.  Similar schemes have been used in airlines to charge businesses more by assuming they have to plan things last-minute and making the high price be around changeability of tickets, and assuming vacations are planned longer out and are really being sold to a market of people with less money to spend.  By controlling the character of the sale in a situation where delivery of the product costs about the same, you maximize the revenue.  It used to be, though no longer is, that phone calls were done this way, too.  You got better pricing off-hours even though the phone lines were there 24/7 because it was assumed that the only people who must have phone calls, especially long distance, were businesses who could afford steeper prices.  By calling off-hours calling a different product, you could charge less for it and thus do the only thing you really wanted, which is to get maximal amounts of money out of business and non-business people based on their ability to pay, but by a dodge that caused the products to be differentiated, so that it couldn't be said you were charging based on ability to pay."}
{"_id": "132006", "title": "", "text": "By reducing your debt you will increase your borrowing capability which will only increase your credit score. But before you start worrying about your credit score as JoeTaxpayer says I would first stop paying 18+% to the bank."}
{"_id": "132034", "title": "", "text": "\"And what's wrong with lower cost? What makes you entitled to higher wage when someone can do it for lower cost?  Why do you like eating like a king in from pre industrial era? Why do you not like paying fortune for bacons? Call it use or abuse. That's how it always have worked and made capitalism so successful.  I didn't claim \"\"in ideal economy\"\". I said in competitive market. There are many industries that are competitive.  Many of them have shown that outsourcing portion of IT is the right move. Even Cloud platform such as Azure and AWS are replacement of some IT work traditionally done.  Free trade of goods and services(barring externalities and risks) are econ 101. If you don't get it, I suggest you take up a reading on Ricardian Theory.   Honestly, I was lucky to have a good professor go over it with me.\""}
{"_id": "132059", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.huffingtonpost.ca/2017/08/11/nuclear-fears-wipe-1-trillion-off-global-stock-markets_a_23074645/?utm_campaign=canada_newsletter) reduced by 85%. (I'm a bot) ***** &gt; Many world stock markets have hit record or multi-year highs in recent weeks, leaving them vulnerable to a sell-off, and the tensions over North Korea have proved the trigger.  &gt; &amp;quot;Of course, it&amp;#039;s all come at a time when share markets are due for a correction, so North Korea has provided a perfect trigger.\"\"  &gt; A Chinese state-run newspaper said on Friday that China should make clear that it will stay neutral if North Korea launches an attack that threatens the United States, but that if the U.S. attacks first and tries to overthrow North Korea&amp;#039;s government, China will prevent it doing so.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6t2oku/nuclear_fears_wipe_1_trillion_off_global_stock/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~188781 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Korea**^#1 **North**^#2 **percent**^#3 **since**^#4 **market**^#5\""}
{"_id": "132071", "title": "", "text": "Commission or no commission, their level of helpful customer interaction is pretty much dependent on the person.   Commission is much better for the Employee if they actually know what they are talking about and allows some with some actual skillful knowledge at you electronic to make a living providing you service.  Versus the retail model where you might have a few college kids that no what they are talking about that will be gone as soon as they can find a real job."}
{"_id": "132075", "title": "", "text": "The fact that the government is picking and choosing who becomes a domestic shipping monopoly and defending them afterwards with lower shipping rates is in itself the problem, not who it chooses.  And you're right. Amazon is hardly alone in recieving this benefit.  http://fortune.com/2017/07/16/amazon-postal-service-subsidy/  &gt; Either way, Amazon is hardly alone in getting a boost from the USPS\u2019s complex pricing. Thanks to international agreements through the United Nations, international shippers\u2014especially those sending\u00a0small packages from China\u2014often get services at substantially below cost. That puts U.S. stores and domestic online sellers alike at a persistent disadvantage.  I used to work for a small time consumer goods manufacturer in the rural north. We did not recieve any such benefit for international shipping. Their international customers bore the burden of UPS' rate to get items to the border, a ~$20 Canadian customs rate to get it through the border with often a month long, sometimes longer customs inspection waiting period, and their domestic Canadian courier's rate on top of that. And now because companies like Amazon do get this benefit, among other benefits given to them by our government, more and more of their business is solely reliant on Amazon and they have no negotiating power.  This is how increasing the power and scope of government over the production and distribution of goods and services destroys small business and innovation."}
{"_id": "132078", "title": "", "text": "\"Technically, anyone who advises how you should spend or proportion your money is a financial adviser.  A person that does it for money is a Financial Advisor (difference in spelling). Financial Advisors are people that basically build, manage, or advise on your portfolio.  They have a little more institutional knowledge on how/where to invest, given your goals, since they do it on a daily basis. They may know a little more than you since, they deal with many different assets: stocks, ETFs, mutual funds, bonds, insurances (home/health/life), REITs, options, futures, LEAPS, etc. There is risk in everything you do, which is why what they propose is generally according to the risk-level you want to assume.  Since you're younger, your risk level could be a little higher, as you approach retirement, your risk level will be lower.  Risk level should be associated with how likely you're able to reacquire your assets if you lose it all as well as, your likelihood to enjoy the fruits from your investments. Financial Advisors are great, however, be careful about them.  Some are payed on commissions, which are given money for investing in packages that they support.  Basically, they could get paid $$ for putting you in a losing situation.  Also be careful because some announce that they are fee-based - these advisers often receive fees as well as commissions.  Basically, associate the term \"\"commission\"\" with \"\"conflict-of-interest\"\", so you want a fee-only Advisor, which isn't persuaded to steer you wrong. Another thing worth noting is that some trading companies (like e*trade) has financial services that may be free, depending how much money you have with them.  Generally, $50K is on the lower end to get a Financial Advisors.  There has been corruption in the past, where Financial Advisors are only given a limited number of accounts to manage, that means they took the lower-valued ones and basically ran them into the ground, so they could get newer ones from the lot that were hopefully worth more - the larger their portfolio, the more $$ they could make (higher fees or more commissions) and subjectively less work (less accounts to have to deal with), that's subjective, since the spread of the wealth was accross many markets.\""}
{"_id": "132085", "title": "", "text": "Summarized article: The NASDAQ announced it will offer $40 million to compensate clients who were disadvantaged by technical problems during Facebook's IPO on May 18.   NASDAQ's technical glitch caused a delay in the opening of first day trading of Facebook shares and traders experienced slow order confirmations.   NASDAQ said $13.7 million will be paid to its affected investment firms and the balance will be given to the firms as credit to reduce trading fees. The benefits would last as long as 6 months.   Investors who are eligible for compensation are those who placed orders to buy Facebook shares at $42 or less but were executed at an inferior price or those whose orders went through but were not immediately confirmed.  The New York Stock Exchange (NYSE) opposed the compensation offer saying the move would allow NASDAQ to undercut them on prices and would take market share from competing exchanges.   NASDAQ's compensation plan is subject to regulator approval.    Facebook shares are currently down 30% from the IPO price of $38.  *For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit*"}
{"_id": "132089", "title": "", "text": "There is no research or scientific data to arrive at how much in Single Fund is good, how much is more risky. Its a question of risk appetite, how much money if you loose you are fine. This is similar to making a decision as to how much diversified should a portfolio be ... i.e. what mix of FD/Mutual Funds/Shares/Gold/Real Estate one should have."}
{"_id": "132091", "title": "", "text": "It all depends on how much you want to change your phone. Android phone makers do a lot of customization to start with (and include their own crapware). This gives us phones with extra control buttons, more or fewer options (Near Field Communication, wireless charging, etc), and so on.  After that, you have options. New keyboard, special favorite Reddit app, etc. I don't see too many missing holes in the iOS apps, but some of my android widgets are missing or missing features (free, good, logging bar code reader that can email a list?)."}
{"_id": "132097", "title": "", "text": "\"P/E is a useful tool for evaluating the price of a company, but only in comparison to companies in similar industries, especially for industries with well-defined cash flows.  For example, if you compared Consolidated Edison (NYSE:ED) to Hawaiian Electric (NYSE:HE), you'll notice that HE has a significantly higher PE. All things being equal, that means that HE may be overpriced in comparison to ED. As an investor, you need to investigate further to determine whether that is true. HE is unique in that it is a utility that also operates a bank, so you need to take that into account. You need to think about what your goal is when you say that you are a \"\"conservative\"\" investor and look at the big picture, not a magic number. If conservative to you means capital preservation, you need to ensure that you are in investments that are diversified and appropriate. Given the interest rate situation in 2011, that means your bonds holding need to be in short-duration, high-quality securities. Equities should be weighted towards large cap, with smaller holdings of international or commodity-associated funds. Consider a target-date or blended fund like one of the Vanguard \"\"Life Strategy\"\" funds.\""}
{"_id": "132104", "title": "", "text": "\"You're right, but netting $150,000 a year isn't really even that tough for a savvy individual with the skill set of talented developer.  \"\"Creating an app\"\" is far from the only option to make that money anyways (in fact, you're probably correct in your condescending tone mentioning it).    Why would an intelligent skilled worker tether themselves to a desk in Seattle, when they could easily do just as well financially, and live where, and work when, they please?  There are definitely some people who would value the steady, and certain, paycheck.  But, becoming a talented developer requires a level of ambition and self-motivation in and of itself that caters to entrepreneurship well.   The issue is that MSFT doesn't want to pay what good programmers are actually worth, according to the market.  So, they run PR campaigns and lobby the government to bring in workers that will happily work for under true market rate.  Granted, these Visa workers pay taxes, and get great jobs.  That doesn't really hide the fact that these workers help lower the wages that they \"\"should\"\" be paying, according to basic supply and demand.\""}
{"_id": "132111", "title": "", "text": "\"Yes- you do not realize gains or losses until you actually sell the stock.  After you sell the initial stocks/bonds you have realized the gain.  When you buy the new, different stocks you haven't realized anything until you then sell those. There is one exception to this, called the \"\"Wash-Sale Rule\"\".  From Investopedia.com: With the wash-sale rule, the IRS disallows a loss deduction from the   sale of a security if a \u2018substantially identical security' was purchased within 30 days before or after the sale.  The   wash-sale period is actually 61 days, consisting of the 30 days before   and the 30 days after the date of the sale. For example, if you bought   100 shares of IBM on December 1 and then sold 100 shares of IBM on   December 15 at a loss, the loss deduction would not be allowed.   Similarly, selling IBM on December 15 and then buying it back on   January 10 of the following year does not permit a deduction. The   wash-sale rule is designed to prevent investors from making trades for   the sole purpose of avoiding taxes.\""}
{"_id": "132120", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bbc.com/news/world-asia-india-40453774) reduced by 50%. (I'm a bot) ***** &gt; India has replaced its numerous federal and state taxes with the Goods and Services Tax, designed to unify the country into a single market.  &gt; India says introducing GST will cut red tape and increase tax revenues, fuelling economic growth.  &gt; &amp;quot;No country of comparable size and complexity has attempted a tax reform of this scale,&amp;quot; Harishankar Subramanian, of Ernst and Young previously told the BBC. Under the new system, goods and services will be taxed under four basic rates - 5%, 12% 18% and 28%. Some items like vegetables and milk have been exempted from GST, but will still be subject to existing taxes.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kp8xz/indien_ers\\u00e4tter_en_rad_skatter_med_ny_nationell/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157063 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Tax**^#1 **Services**^#2 **Goods**^#3 **GST**^#4 **existing**^#5\""}
{"_id": "132122", "title": "", "text": "&gt; \u2026 Sycamore lined up financing from **UBS Group AG, Bank of America Corp.\u2019s Merrill Lynch, Deutsche Bank AG, Credit Suisse Group AG, Royal Bank of Canada, Jefferies Group LLC, Wells Fargo &amp; Co. and Fifth Third Bank. Merrill Lynch and Deutsche Bank** \u2026  &gt; Staples, meanwhile, got financial advice on the deal from **Barclays Plc and Morgan Stanley** \u2026   Any banks in the world missing?"}
{"_id": "132130", "title": "", "text": "The cost of making a bad hire depends very much on what country you're in. In many European countries workers' rights are very strong and the cost can be enormous as it is difficult to fire people. Much less so in the USA."}
{"_id": "132138", "title": "", "text": "It would depend on the bounds of your hypothetical.    If the investor group is blind to cost + has infinite money and the existing management is unwilling to comply at any cost, then management will destroy the company before the investor group can take it over.    If the existing management follow rational choice theory; then an investment group with unlimited money could take over, hold a special meeting on it, etc.  Shareholders can't force management to do anything per se, as management decisions that violate fiduciary duty aren't criminally liable unless the act itself is a crime.  So if an investor group were to try a hostile takeover, and Twitter mgmt said we'll see you in hell; then they could just shut down every data center, sell off twitter.com, terminate all the employees, issue a billion new shares, issue every employee a million $0.01 strike warrants, etc. until there's nothing left to take over just to spite them.  Defensive strategies get pretty creative and are highly amusing to watch if you don't have a dog in the fight."}
{"_id": "132154", "title": "", "text": "Kind of gate to say it but I definitely have the persuasion and people skill part down. Spent 8 years in the therapy field in the military.   Definitely interested in tips!  I've been watching whatever I can on YouTube that I run across and have watched a few things on vet benefits for government contracts and different things like that but not sure I want to work too much with the government or even have that much of a chance where I'm at.  Probably looking more towards construction inspection or land survey stuff. Would absolutely love to get info search and rescue work if I could and do some good if I could"}
{"_id": "132167", "title": "", "text": "\"This is not a problem. SWIFT does not need the Beneficiary Account Currency. The settlement account [or the Instruction amount] is of interest to the Banks. As I understand your agreement with client is they pay you \"\"X\"\" EUR. That is what would be specified on the SWIFT along with your details as beneficiary [Account Number etc]. Once the funds are received by your bank in Turkey, they will get EUR. When they apply these funds to your account in USD, they will convert using the standard rates. Unless you are a large customer and have special instructions [like do not credit if funds are received in NON-USD or give me a special rate or Call me and ask me what I want to do etc]. It typically takes 3-5 days for an international wire depending on the countries and currencies involved. Wait for few more days and then if not received, you have to ask your Client to mention to his Bank that Beneficiary is claiming non-receipt of funds. The Bank that initiated the transfer can track the wire not the your bank which is supposed to receive the funds.\""}
{"_id": "132171", "title": "", "text": "If you have two other assets whose payoffs tomorrow are known and whose prices today are known, you can value it.  Let's say you can observe a risk-free bond and a stock. Using those, you can calculate the state prices/risk-neutral probabilities. NOTE: You do not need to know the true probabilities.   The value of your asset is then the state-price weighted sum of future payoffs."}
{"_id": "132180", "title": "", "text": "\"Will the investment bank evaluate the worth of my company more than or less than 50 crs. Assuming the salvage value of the assets of 50 crs (meaning that's what you could sell them for to someone else), that would be the minimum value of your company (less any outstanding debts). There are many ways to calculate the \"\"value\"\" of a company, but the most common one is to look at the future potential for generating cash.   The underwriters will look at what your current cash flow projections are, and what they will be when you invest the proceeds from the public offering back into the company.  That will then be used to determine the total value of the company, and in turn the value of the portion that you are taking public. And what will be the owner\u2019s share in the resulting public company? That's completely up to you.  You're essentially selling a part of the company in order to bring cash in, presumably to invest in assets that will generate more cash in the future.  If you want to keep complete control of the company, then you'll want to sell less than 50% of the company, otherwise you can sell as much or as little as you want.\""}
{"_id": "132193", "title": "", "text": "\"Good for them.  Look how much time different countries spent competing over the Blue Riband (awarded to the fastest trans Atlantic crossing) before the Jet Age took over.    Fixed rail infrastructure for passenger transportation in anywhere other than highly dense areas is a money loser.  On the other hand, we're on the event horizon of a new age of AI capable of powering vast \"\"trains\"\" of automated individual modules on the infrastructure we've already built (roads and interstates).  Wasting any more money on passenger rail isn't the way to go.\""}
{"_id": "132219", "title": "", "text": "Calculating and adjusting cost basis accurately is a daunting task, but there is a (paid) online tool, NetBasis, which will automatically calculate and adjust your cost basis.  It is used by brokerage firms and Fortune 500 companies and is available to the public.  Go to netbasis.com. All you need are the purchase and sale dates and shares of the stock or mutual fund and the system has the rest of the information, such as corporate actions (splits, spin-offs, etc), pricing, and dividends and it also will apply the appropriate IRS rules for inherited and gifted shares. The regulation also gives investors the option to choose calculation methods.  Not only does NetBasis automatically calculate the method you choose, it will also give the results for all options and allow you to choose the best result. NetBasis also provides you with detailed supporting documentation which shows all of the calculations and the adjustments in chronological order. NetBasis has data going back as far as 1925, so it will accurately calculate cost basis for your old American Telegraph and Telephone shares. NetBasis also handles complex investment scenarios such as wash sales, short sales, return of capital, etc. Moderator's note: Disclosure: The answerer's profile indicates they are affiliated with NetBasis."}
{"_id": "132253", "title": "", "text": "Aspirin is acetyl salicylic acid.  You can get this from almost every drug company on this planet, nothing special tied to Bayer.    And remember it's not candy, don't take 20 a day, that could be dangerous."}
{"_id": "132256", "title": "", "text": "They haven't been doing very well for a while. Their stock was in a downward trend since October 2006. They had an upward trend since 1986, then in 2006 they transitioned to a downward slope. Their stock plummeted in 2008, then rebounded shortly after (due to the bailout?) to continue its downward trend."}
{"_id": "132258", "title": "", "text": "That's definitely not indicative of all available ISPs. I live in an area with Charter that also has 3-4 other local telco's providing a mixture of phone/data/cable services. I don't know that there's much overlap, and Charter owns a big chunk of the area, but there's definitely competition."}
{"_id": "132267", "title": "", "text": "You're right, history is on your side, if you are comparing one extreme (communism or other extreme forms of socialism) with another less extreme model (your preferred version of capitalism). I think it can be more balanced and actually productive than both of those particular models."}
{"_id": "132274", "title": "", "text": "It's important because it shows that the amount you owe does not decrease linearly with each payment, and you gain equity as a correspondingly slower rate at the beginning of the loan and faster at the end. This has to be figured in when considering refinancing, or when you sell the place and pay off the mortgage. It also shows why making extra payments toward principal (if your loan permits doing so) is so advantageous -- unlike a normal payment that lowers the whole curve by a notch, reducing the length of time over which interest is due and thus saving you money in the long run. (Modulo possible lost-opportnity costs, of course.)"}
{"_id": "132287", "title": "", "text": "\"Hi guys, hopefully someone reads this even though this thread has gotten kind of old. Might ask again next week.  Anyway, I'm a finance student and currently an intern for a big FS company. My internship is pretty fun and I'm learning a lot, but very little technical skills (the internship is in compliance and that's not where I want to end up after I graduate). My question is, over the summer, what should I learn? As in, take online courses on coursera or by reading a book. I know you'll probably answer \"\"Whatever interests you\"\", but with limited knowledge on the matter, it all seems equally interesting to me. Should I try myself at programming? What language? Should I learn excel modelling? Does anyone have any suggestions?\""}
{"_id": "132288", "title": "", "text": "I do this often and have never had a problem.  My broker is TD Ameritrade and they sent several emails (and even called and left a message) the week of expiry to remind me I had in the money options that would be expiring soon. Their policy is to automatically exercise all options that are at least $.01 in the money.  One email was vaguely worded, but it implied that they could liquidate other positions to raise money to exercise the options.  I would have called to clarify but I had no intention of exercising and knew I would sell them before expiry. In general though, much like with margin calls, you should avoid being in the position where the broker needs to (or can do) anything with your account. As a quick aside:  I can't think of a scenario where you wouldn't be able to sell your options, but you probably are aware of the huge spreads that exist for many illiquid options.  You'll be able to sell them, but if you're desperate, you may have to sell at the bid price, which can be significantly (25%?) lower than the ask.  I've found this to be common for options of even very liquid underlyings.  So personally, I find myself adjusting my limit price quite often near expiry.  If the quote is, say, 3.00-3.60, I'll try to sell with a limit of 3.40, and hope someone takes my offer.  If the price is not moving up and nobody is biting, move down to 3.30, 3.20, etc. In general you should definitely talk to your broker, like others have suggested.  You may be able to request that they sell the options and not attempt to exercise them at the expense of other positions you have."}
{"_id": "132301", "title": "", "text": "I imagine most of the design work will go on back in Sweden, other than maybe with respect to the electric powertrain.  Same with the assembly, although it will likely use more parts from affiliates of the investors (which, likely won't be a major difference considering the % of auto parts which are already manufactured in China)."}
{"_id": "132356", "title": "", "text": "You sound like you are budgeting too much for food.  Try limiting yourself to $200 a month for food and take that out in cash.  When it's up, it's up.  It's a hard way to learn but if you can tackle that, then budgeting for other things gets easier.   In terms of your fear of doing a financial bellyflop, which is valid, it sounds like you may need to both sit down and learn a little more about personal finance.  Try mrmoneymustache.com or fivecentnickel, or any of the other frugal living blogs that are out there.  There are whole communities that can help you and give you tips to do more with less, and learn budgeting and finance and how to handle your money and your future.  And no worries, the fact you are concerned enough to look for direction now means you may be able to avoid your fear completely."}
{"_id": "132361", "title": "", "text": "\"As others are saying, you want to be a bit wary of completely counting on a defined benefit pension plan to be fulfilling exactly the same promises during your retirement that it's making right now. But, if in fact you've \"\"won the game\"\" (for lack of a better term) and are sure you have enough to live comfortably in retirement for whatever definition of \"\"comfortably\"\" you choose, there are basically two reasonable approaches: Those are all reasonable approaches, and so it really comes down to what your risk tolerance is (a.k.a. \"\"Can I sleep comfortably at night without staying up worrying about my portfolio?\"\"), what your goals for your money are (Just taking care of yourself? Trying to \"\"leave a legacy\"\" via charity or heirs or the like? Wanting a \"\"dream\"\" retirement traveling the world if possible but content to stay home if it's not?), and how confident you are in being able to calculate your \"\"needs\"\" in retirement and what your assets will truly be by then. You ask \"\"if it would be unwise at this stage of my life to create a portfolio that's too conservative\"\", but of course if it's \"\"too conservative\"\" then it would have been unwise. But I don't think it's unwise, at any stage of life, to create a portfolio that's \"\"conservative enough\"\". Only take risks if you have the need, ability, and willingness to do so.\""}
{"_id": "132362", "title": "", "text": "I would pile up your extra cash to use when you won't be able to work as much.   This will prevent you from adding debt during that time.    Because you'll need the money in the short term (less than 5 years), your best place to put it is a savings account earning a dismal amount of interest."}
{"_id": "132371", "title": "", "text": "Are you planning to not pay taxes? Any time someone has income in the U.S., it is subject to U.S. taxes. You must file tax returns (and pay taxes if necessary) if you have income above a certain threshold, regardless of whether you're not authorized to work or not. If you plan to intentionally not pay taxes, then that's a whole other matter from working without authorization. Working without authorization is an immigration issue. It probably violates the conditions of your status, which will make you to automatically lose your status. That may or may not affect when you want to want to visit, immigrate to, or get other immigration benefits in the U.S. in the future; and at worst you may be deported. It's a complicated topic, but not really relevant for this site."}
{"_id": "132375", "title": "", "text": "\"The problem is that if you sold off in 2010 you missed on out the market practically doubling itself. I would definitely be kicking myself.  No, it's not sustainable but no one knows what the market is going to do compared to other assets. Is the economy going to grow into the market, is it going to double dip? \"\"When\"\" is a key factor here.\""}
{"_id": "132417", "title": "", "text": "Aside from the averages mentioned by Jahlapenoez, it may also be useful to group depositors into different categories based on account size and transaction history (# of deposits, # of withdrawals, size of each, etc.) then track how those numbers change on whatever time periods you need to capture. Analysts can use that to see what's going on with outliers as well and assign profitability metrics for the different groupings.  It really helps to have the data structured in a way that allows analysts to ask these questions and retrieve them easily. So the data discovery process will be helped or hindered a lot by the maturity of the bank's data warehouse as well as the tools used for data analysis."}
{"_id": "132418", "title": "", "text": "Not only is this article just referencing another longer article, but that article does nothing to explain WHY there is this difference.  It's frustrating because I'd like to know why.  They say it's because of a different configuration of culture, the law, and unions.  Uh, okay.  That explains nothing."}
{"_id": "132430", "title": "", "text": "What if there is only one trading day and the volume is smaller than   the open interest on that one trading day. This is assuming there is   no open interest before that day? I pulled this from a comment. This can't happen. We have zero open interest on day one. On day 2, I buy 10 contracts. Volume is 10 and now open interest is also 10. Tomorrow, if I don't sell, open interest starts at 10 and will rise by whatever new contracts are traded.   This is an example. I removed the stock name. This happens to be the Jan'17 expiration. The 10 contract traded on the $3 strike happen to be mine. You can see how open interest is cumulative, representing all outstanding contracts. It's obvious to me the shares traded as high as $5 at some point which created the interest (i.e. the desire) to trade this strike. Most activity tends to occur near the current price."}
{"_id": "132485", "title": "", "text": "I remember first encountering an ANA unit. I asked one soldier what his rank was. Private (lowest rank). I asked him about his training. 4 weeks, part time. He only had one day of shitty hand-me-down soviet rifle training. He seemed kind of afraid of it.  About 40 in his unit, all but three had similar levels of experience.  Ok. Not sure how that is supposed to work.  I asked who his superior was.  \u201cThere\u2019s one Sergeant with 2 years experience in the unit who makes all the decisions\u201d.  Anyone higher ranking than that? Nope.  Any officers who can, I dunno, make tactical decisions so you guys aren\u2019t just randos running around with rifles? Nope.  The Sergeant had an old RPG. \u201cDo you guys have any artillery, air support, etc?\u201d Nope.  What do you do if you get in a fight and you\u2019re outnumbered? \u201cAsk Americans for help\u201d.  Mmkay. This probably isn\u2019t going to work very well, I thought.  Spoiler alert: It did not work out well.  Not my area of expertise, I was never responsible for training or involved in units who were (however I did meet a fair number of ANA units). My impression was that none had received equipment or training that would make them suitable replacements to take over security in the event of a NATO withdrawal.  This was 8-10 years in. From what you still see in the news, I imagine this is still the case."}
{"_id": "132487", "title": "", "text": "my concern is any possible secondary effects.   If it's isolated to cars- nbd- but if the majority of Americans take their car to work and we see a cascade of people losing income, and people failing to pay mortgages/rents then can it snowball?"}
{"_id": "132492", "title": "", "text": "&gt; You are aware that online advertising spending recently overtook tv, right? It had a lot of people in the ad world screaming that tv advertising is dead and online is the only possible future.  That's a very narrow perspective to base your conclusions on.  The fact is I know what I'm talking about.  When a computer and internet expert gives you tips about the internet what you should do is shut up and think of how to use that knowledge to your advantage, instead of being mean."}
{"_id": "132507", "title": "", "text": "&gt; Many more people are eligible for subsidies **but haven\u2019t yet signed up**. We estimate (using the approach described here that a total of **9.5 million uninsured people are eligible** for subsidies in federal marketplace states  so, clearly, subsidies are a very limited incentive"}
{"_id": "132512", "title": "", "text": "&gt;Most other people would actually get a better deal than me in a private road system.  How much of a better deal? Give me some estimates, any numbers at all. Because I can't imagine how a for-profit road can be any cheaper than a not-for-profit road.  &gt; I don't think the Federal government should do anything beyond protect your basic rights.  Most roads aren't the federal government. In fact very little are.  The interstate system makes up like 1% of the roads.  Does this mean you're cool with states and counties taking over the road system?  &gt;I'd gladly pay more because I'm choosing to pay more than be forced to pay  That sounds like an awful way to look at it.  You're willing to pay for the privileged of someone else not getting something paid for?  I know this is your opinion, but you have to understand why this couldn't possibly be appealing to very many people."}
{"_id": "132519", "title": "", "text": "Corrupt country leaders will probably rape it dry for their personal gains. Next thing you know, the secretary of state is getting $100000 loan with 1 percent interest when the country national bank lending money to its people at 25% percent interest."}
{"_id": "132523", "title": "", "text": "&gt; \u201c**It is important that we get our economy growing again through savings and investment, not more debt and deficit spending**. But we can\u2019t turn the economy around until we fix the root of the problem: an unaccountable Federal Reserve. A complete and thorough audit of the Fed will finally allow the American people to know exactly how their money is being spent by Washington.\u201d   Why don't the US people get this simple fact is beyond me &gt;&lt;"}
{"_id": "132526", "title": "", "text": "I've personally gotten better experiences on Lyft going back at least a year and their drivers have said they prefer it to driving for Uber, even if it's obviously a small biased sample.  That it's not as combative with city governments or drivers likely has helped its case even if not every potential investor or firm sees it that way just yet."}
{"_id": "132547", "title": "", "text": "Depextechnologies.com provides Foodpanda Clone Script for Food Ordering at resonable price. Depex develop the portal for online food ordering website to help them for entrepreneur start the business like foodpanda, and Just Eat website features with lowest cost, because the food industry is the most growing business. For all details about their products and services go through their website."}
{"_id": "132549", "title": "", "text": "I'm in connecticut and I have met with RobertHalf and another recruiting firm. They both said they would be in constant contact with me yet I haven't heard from either so far. I have emailed and called and haven't gotten much.  I try to apply to at least 4 or 5 new positions a day but never hear anything back.  [This](http://www.w3schools.com/sql/default.asp) is what I have been trying to familiarize myself with just to get the gist of SQL."}
{"_id": "132554", "title": "", "text": "\"Inflation means that the more money you create, the less it has value. To that I say, \"\"Meh.\"\"   A funnier way of gaining wealth, which is the ultimate goal to stealing currency, would be to gain a great deal of money (through robbery or other means) then attempt to trigger a deflationary spiral while sitting on the cash. Sure it might be difficult, but I'm pretty sure the key is jacking up Fed interest rates and blowing up money printers.\""}
{"_id": "132575", "title": "", "text": "Are these all questions you want answers to because you are planning to help me or do you just want to know?  I will most likely not go any further with this idea.  But if you really want to know just tell me and I will get back to you with the answers.  Edit: Sorry if I sound rash but I kind of lost hope for this by looking at the responses I got for this same post on /r/PCMasterrace"}
{"_id": "132598", "title": "", "text": "Part of the TJ's business model though is that they are almost always placed near a larger full service store.  The idea being, you shop at JT's first to save money, and they only sell items with a higher margin which accounts for the higher wages they can pay.  Then, if you still need a specialty item, you run next door.  The less choice option doesn't work as well in isolation, so saying everyone should sell less items and only high margin items so they can pay more would leave us with stores like Trader Joe's, with the same selection as Trader Joe's.  And a relatively undeserved market.  Once everyone has the same selection again, they have to start competing on price which means someone will open a TJ, pay their people shit and sell the same things as them."}
{"_id": "132601", "title": "", "text": "\"There are broadly two kinds of pension: final salary / defined benefit, and money purchase.  The text you quote above, where it talks about \"\"pension\"\" it is referring to a final salary / defined benefit scheme. In this type of scheme you earn a salary of \u00a3X during your working life, and you are then entitled to a proportion of \u00a3X (the proportion depends on how long you worked there) as a pension. These types of scheme are relatively rare now (outside the public sector) because the employer is liable for making enough investments into a pot to have enough money to pay everyone's pension entitlements, and when the investments do poorly the liability for the shortfall ends up on the employer's plate. You might have heard about the \"\"black hole in public sector pensions\"\" which is what this refers to - the investments that the government have made to pay public sector workers' pensions has not in fact been sufficient. The other type of scheme is a money purchase scheme. In this scheme, you and/or your employer make payments into an investment pot which is locked away until you retire. Once you retire, that pot is yours but there are restrictions on what you can do with it - you can use it to purchase an annuity (I will give you my \u00a3X,000 pension pot in return for you giving me an annual income of \u00a3Y, say) and you can take some of it as a lump sum. The onus is on you to make sure that you (and/or your employer) have contributed enough to make a large enough pot to give you the income you want to live on, and to make a sensible decision about what to do with the pot when you retire and what to use it as income. With either type of scheme, you can claim this pension after you reach retirement age, whether or not you are still working. In some schemes you are also permitted to claim the pension earlier than retirement age if you have stopped working - it will depend on the rules of the scheme. What counts as \"\"retirement age\"\" depends on how old you are now (and whether you are male or female) as the government has been pushing this age out as people have been living longer.  In addition to both schemes, there is also a \"\"state pension\"\" which is a fixed, non-means-tested, weekly amount paid from government funds. Again you are entitled to receive this after you pass retirement age, whether or not you are still working.\""}
{"_id": "132603", "title": "", "text": "The Sincro Hotel near Merida Road Goa India, Enjoy Family fun with Double Room Goa, Laundry facility, Hotel comes Indian Restaurant in Margao Goa, best available rate, Gives luxurious and unforgettable experience near Seraulim Road Goa, Ample Parking available, budget rate resort near Ambaji Road Goa, Conference facilities Margao Goa, Best Chinese &amp;amp; Indian Restaurant, +91 832 2741408"}
{"_id": "132606", "title": "", "text": "Got a degree in finance and I'll talk about simple ways to really improve your learning experience:  excel will be your best friend. Get comfortable with it. Learn; pivot tables, formulas, formatting, and macros.  Learn to type at a decent speed. Many students still type slow. It will hinder you  Current events is the best way to stay informed. Always be reading up on business information. Pretty much twice a day.   Join a free stock market game and track how you do. Get on it twice a week and make trades frequent based on what you think.   I can elaborate more if you have any more questions !"}
{"_id": "132636", "title": "", "text": "Debit cards are the dumbest development ever. I now have a piece of plastic that allows any yahoo to cause me to bounce my mortgage. Great. Throw away the debit card. Use a credit card and exercise some self control. Take out a sufficient amount of cash to cover your weekly incidental expenses under $50. If you want something that costs more than $50, wait a week and use the credit card. You'll find that using cash at places like the convenience store or gas station will cause you to not spend $3 for a slim jim, lotto ticket, donut or other dumb and unnecessary item."}
{"_id": "132639", "title": "", "text": "Skin tightening in Noida offers spectacular results. If you have been trying every means possible to rejuvenate your skin and look younger, then skin tightening is the right solution for you. Age can take a toll on the skin, and while good habits and sunscreen can protect your skin against serious harm, the toxic environment, lifestyle factors, and stress can make you look older."}
{"_id": "132657", "title": "", "text": "What would you do if you had the check?  Probably destroy it.  The goal is to render it uncashable.  One way to do such is to have it shredded.   If you are uncomfortable leaving them to destroy it, then swing by and pick it up.  Alternatively offer to send them a self addressed and stamped envelope.  I am sure they will accommodate if you ask nicely."}
{"_id": "132678", "title": "", "text": "\"As an addendum to PeterK's answer, once upon a time, there were many Savings and Loan Associations (S&Ls) that acted as small banks, accepting savings deposits from people and lending money for home mortgages to local residents. Some of these S&Ls were chartered Federally with deposits insured by the FSLIC (similar to the FDIC which still insures deposits in banks) while others had State charters and used the State equivalent of FSLIC as the insurer. To induce people to save with S&Ls instead of banks, S&Ls paid higher rates of interest on their savings accounts than banks were permitted to do on bank savings accounts. Until 1980, S&Ls were not permitted to make consumer or commercial loans, have checking accounts, issue credit cards, etc., but once the US Congress in its wisdom permitted this practice, this part of the business boomed. (Note for @RonJohn: Prior to 1980, S&Ls offered NOW accounts on which \"\"checks\"\" (technically, Negotiated Orders of Withdrawal) could be written but they were not checks in the legal sense, and many S&Ls did not return these paid \"\"checks\"\" with the monthly statement as all banks did; writing a \"\"check\"\" while pressing hard created a carbon copy that could be used as proof of payment). In just a few years' time, many S&Ls crashed because they were not geared to handle the complexities of the new things that they were permitted to do, and so ran into trouble with bad loans as well as outright fraud by S&L management and boards of directors etc. After the disappearance of most S&Ls, many small banks (often with State charters only) sprang up, and that's why there are so many banks in the US. Mortgage lending is a lucrative business (if done right), and everyone wants to get into the business. Note that 4 branches of Bank of America in a Florida town is not a sign of many banks; the many different banks that the OP noticed in Maine is.\""}
{"_id": "132680", "title": "", "text": "That's a good point. What I should say is that PF doesn't lose money on each gym user the way Moviepass does. My understanding is that Moviepass gets a flat subscription fee from each user per month and then, whenever a user wants to buy a movie ticket, Moviepass go out and purchase the movie ticket at full market value (the same price that the customer would pay if they just went to the theater and bought one). For example, if a user pays $10 a month for a pass and decide to see two movies in that month, they've already lost money on that customer. And two movies in one month isn't really crazy for some of the people who go enough that a monthly pass makes sense.  And all this is assuming that ticket prices are lower than the subscription fee; where I live, the ticket prices are actually a little bit higher. If Moviepass was here even *one* movie would make me an unprofitable customer for them (looking just at subscriptions, of course).  The data analytics play is the only viable strategy I can imagine for this. I understand that certain business models rely on overbooking, but I can't think of one where each customer that uses the service actually loses the business money."}
{"_id": "132684", "title": "", "text": "\"There are tonnes, and tonnes of things out there, but you have to be careful what you search for.  Be specific about what you want.  If you search for \"\"time sheet\"\" for example, you'll just get a bucket of stuff having to do with stylesheets, because there's more of that around. The most common type of small tool for tracking time is usually a timer-type thing that runs as a widget, gadget, or System Tray tool.  You have to click it on, then off again, and the nice ones produce a usable output file.  CSV, or XLS, or some such. There are tools that track what documents you have open, when you opened them, and when you closed them, and you can sort it out from there.  They're a bit resource-heavy, so be careful if you have a low power system. Quickbooks has a little utility that will make file which can be imported into your accounting.  Quickbooks is NOT for the average business person.  You almost have to be a bookkeeper to get the most out of it.  On the other hand, you can have a bookkeeper set it up for you, and at the end of the year your taxes are a one button affair. For Windows software I like to use the site snapfiles.com.  It's always been reliable, the rating systems are pretty accurate, they mostly maintain their own copies of the software, they test for viruses, and the let you specify a \"\"freeware only\"\" search ;-) For Mac software I like versiontracker.com.  If you're a massive freeware user, like me, sign up for an account, so you can receive alerts regarding updates, and such. Currently I do most of my computer-based organization on a Mac with piece of software by CircusPonies.com called NoteBook.  There's a command to insert the time, date, or both, and I just use that when I have a need to record elapsed time. I have even run across (and I forget the name) a piece of software for tracking time on Windows, which had multiple timers which you could set so either they were allowed to run concurrently (lawyers), or only one would run at a time. Anyway\u2026  Personally I think freeware is fun, but be careful.  It's still the wild frickin west out there.  If you don't trust the site you're downloading from, scan it with your anti-virus software before you install it, create a Restore Point, do a full, offsite backup of all your hard drives, unplug your computer from the Internet, send your wife to her mother's, lock the kids in the basement, cross your fingers, and phone the local bishop for a dispensation (http://en.wikipedia.org/wiki/Dispensation_(Catholic_Church)).\""}
{"_id": "132693", "title": "", "text": "First, you'll need to find a service that can handle transferring that amount of money, whether it's using a bank, or wire transferring service. Any major Wall Street bank (Wells Fargo, Chase, Bank of America, etc.) should be able to handle it. You could also use services such as Western Union. As for your legal and tax obligations, according to Western Union: Individuals in Canada and the U.K. don\u2019t have any tax considerations,   unless international payments are received as income or in the form of   capital gains. Only then must they report it on their income taxes,   says Ilyas Patel, director at Ilyas Patel Chartered Certified   Accountants based in Preston, U.K., and the director of Tax Expert, a   tax advice website. To that end, when considering their tax obligations, individuals   should take care to look into the reporting requirements on foreign   income or gifts ranging up to a certain amount. For example, in the   U.S., the Internal Revenue Service (IRS) requires individuals who   receive more than $100,000 U.S. dollars from a foreign source to   report it on a Form 3520. \u201cYou may not owe taxes on the money, but it   informs the IRS that you received it,\u201d Gragg says, stressing the   importance of consulting with a professional. \u201cThey\u2019re looking for   certain terrorist activities and other illegal activity.\u201d Due to the large sum of money your transferring, it would be in your best interest to speak with a banker (maybe even a lawyer or CPA) about this."}
{"_id": "132738", "title": "", "text": "\"This is actually quite a complicated issue. I suggest you talk to a properly licensed tax adviser (EA/CPA licensed in your State). Legal advice (from an attorney licensed in your State) is also highly recommended. There are many issues at hand here. Income - both types of entities are pass-through, so \"\"earnings\"\" are taxed the same. However, for S-Corp there's a \"\"reasonable compensation\"\" requirement, so while B and C don't do any \"\"work\"\" they may be required to draw salary as executives/directors (if they act as such). Equity - for S-Corp you cannot have different classes of shares, all are the same. So you cannot have 2 partners contribute money and third to contribute nothing (work is compensated, you'll be getting salary) and all three have the same stake in the company. You can have that with an LLC. Expansion - S-Corp is limited to X shareholders, all of which have to be Americans. Once you get a foreign partner, or more than 100 partners - you automatically become C-Corp whether you want it or not. Investors - it would be very hard for you to find external investors if you're a LLC. There are many more things to consider. Do not make this decision lightly. Fixing things is usually much more expensive than doing them right at the first place.\""}
{"_id": "132739", "title": "", "text": "\"Also miniscule government investment compared to what the Chinese government probably put in. Hypothetically if we cut our \"\"defense\"\" budget in half for just two years and appropriated that money and Veteran soldier workforce on a rail project the US could see some good progress.\""}
{"_id": "132743", "title": "", "text": "\"The major bureaus use the Fair Isaac scoring model, for the most part.  Here's an excerpt from a web site (Versions of the FICO scoring model) to explain: One of the first things a newcomer to this board learns is the difference between FICO and FAKO scores. FAKO refers to the non-FICO scores offered by various companies. FAKO scores have little value since few of them are used by lenders and they do not match closely to FICO scores.    But even when you stick with FICO scores, confusion can ensue because FICO scores have many different editions, versions, and variations. On a single day, a consumer could theoretically have dozens of different FICO scores, depending on which version and credit agency is used to produce the score.   This post provides a summary of the various FICO versions. Please offer any corrections or updates, and they will be edited in.   The FICO scoring model with its familiar range of 300 to 850 was first introduced in 1989. Since then, FICO has released five major revisions:   1995, 1998, 2004, 2008, and 2014.  Each \"\"edition\"\" uses a different formula and produces a different score.   When a new FICO edition is released, many lenders continue using an older version for years before \"\"upgrading.\"\" The 1995 revision is no longer in common use, but later editions are still used by lenders.   Most FICO editions are commonly known by the year of introduction:  FICO 98, FICO 04, and FICO 08 (although FICO now calls it FICO Score 8, without the zero).   The most recent edition is FICO Score 9 introduced in 2014.   As of 2014, FICO Score 8 is the most commonly used. However, most mortgage lenders use FICO 04 for Equifax and Transunion, and FICO 98 for Experian.   In addition to the \"\"classic\"\" version, FICO offers \"\"Industry Option\"\" versions customized for auto loans, credit cards, installment loans, personal finance loans, and insurance. These have a score range of 250 to 900, so the scores are not fully comparable with \"\"classic\"\" versions. As of 2015, Auto and Bankcard scores are available from myFICO as described here.  Citibank provides the Equifax FICO 8 Bankcard score free each month to credit cards holders.   Each credit agency (Transunion, Equifax, and Experian) uses a customized version of each FICO edition. As a result, a consumer's FICO scores from each agency may differ even when all credit information is identical among the agencies.   Because there are many FICO versions, when a score is received, it's helpful to know which version it is. If a lender provides a credit score, ask for details such as which credit agency was used, which FICO edition was used, and whether the score is an Industry Option version. The lender may not always be willing or able to provide the answers, but it doesn't hurt to ask.  Transunion   Official name:   FICO Risk Score Classic 98    Common name:  TU-98   Available directly to consumers:   No    Real-world score range:  336 to 843     (as shown on page 16 of this Transunion document)   Equifax   Official name:   Equifax FICO Score 4  (also known as Equifax Beacon 96)   Common name:   EQ-98   This version appears to be seldom used, but a poster reported it used on a mortgage application in 2014.   Available directly to consumers:   No   Experian   Official name:   Experian FICO Score 2  (also known as Experian FICO Risk Model v2)   Common name:   EX-98   Available directly to consumers:   from myFICO when buying a product that includes all 19 available scores (as described here).  Some credit unions such as PSECU provide it free each month to members.   Real-world score range:   320 to 844     (as shown on this Experian document) Most mortgage lenders use FICO 04 for Equifax and Transunion, and FICO 98 for Experian.   All three scores will normally be pulled and the middle score (not the average) will be used by the lender. Transunion   Official name:   Transunion FICO Score 4  (also known as Transunion FICO Risk Score Classic 04)   Common name:  TU-04   Available directly to consumers:   from myFICO as described here.   Real-world score range:   309 to 839     (as shown on page 16 of this Transunion document)   Equifax   Official name:   Equifax FICO Score 5  (also known as Equifax Beacon 5.0)   Common name:   EQ-04   Available directly to consumers:   from myFICO as described here.  Also available from Equifax when buying FICO score (as a one-time purchase with the \"\"Score Power\"\" product available here, or as part of credit monitoring available here).  Some credit unions such as DCU provide it free each month to members.    Real-world score range:   334 to 818   Experian   Official name:   Experian FICO Score 3 (also known as Experian FICO Risk Model v3)   Common name:   EX-04   Available directly to consumers:   from myFICO when buying a product that includes all 19 available scores (as described here).   Real-world score range:   325 to 850     (as shown on this Experian document) Transunion   Official name:   Transunion FICO Score 8  (also known as Transunion FICO 8 Risk Score or FICO Risk Score Classic 08)   Common name:   TU-08   Available directly to consumers:   from myFICO as described here. Some credit card issuers such as Discover, Barclays, and Walmart provides it free each month.   Real-world score range:   341 to 850     (as shown on page 15 of this Transunion document)   Equifax   Official name:   Equifax FICO Score 8  (also known as Equifax Beacon 09)   Common name:   EQ-08   Available directly to consumers:   from myFICO as described here.    Real-world score range:   300  to 850   Experian   Official name:   Experian FICO Score 8  (also known as Experian FICO Risk Model v8)   Common name:   EX-08   Available directly to consumers:   from myFICO as described here.   Real-world score range:   316  to 850     (as shown on this Experian document) How FICO Score 8 differs from previous versions is explained here.    In May 2014, a poster named android01 received 850 scores from all three credit agencies, as described in this post.    In June 2014, a poster named fused received 850 scores from all three credit agencies, as described in this post.   This 2011 press release describes a study of FICO Score 8 scores.   From a sample of 250,000 credit reports, it found 0.02% had a score of 850, or about 1 out of every 5000 persons. In 2014, FICO announced a new version called FICO Score 9.  More info here. As of February 2016, the score is now available directly to consumers, as described here. This New York Times article  says FICO 9 includes two important changes:    unpaid debts that result in collection actions will no longer have a negative effect on a score if the debt has been paid.    unpaid medical debts will have less negative effect on scores. In 2001, FICO released a new scoring model called NextGen.   It is claimed to be an improvement over \"\"classic\"\" FICO models because it tracks more factors.  But it has failed to catch on with lenders because its score range of 150 to 950 is incompatible with the familiar 300 to 850 range, requiring lenders to recalculate cutoff scores and revise many rules and policies.  Only a small percentage of lenders reportedly use NextGen. Transunion   Official name:   Precision   Available directly to consumers:    No   Equifax   Official name:   Pinnacle   Available directly to consumers:   In 2014, Pentagon Federal Credit Union (PenFed) began to provide this score free to its credit card holders, as discussed in this post.   Experian   Official name:   FICO Advanced Risk Score   Available directly to consumers:    No I included all of this to make the point that there are many variations of the scoring models, and all of them are customized to one degree or another by each of the major bureaus as a means of giving their models more credibility, as far as they're concerned. To your question about coming up with a \"\"fair\"\" scoring model, can you propose what makes current scoring models unfair?  I think it's a safe assumption to make that the financial community has already had a substantial amount of input into how the current scoring models work.  To think otherwise implies that the credit bureaus are just kinda \"\"winging it\"\" with whatever they think is best.  Their models are designed to give their client creditors the best scoring model possible based on what those creditors have stated is important to them. There isn't a unified single scoring model out there, and the bureaus definitely won't share the details of their modifications.  You can always come up with your own custom model, but how it compares to what's widely used, that's anyone's guess. I hope this helps. Good luck!\""}
{"_id": "132745", "title": "", "text": "Probably not. Gift cards are generally rigged up as payment-processing tools only, and you can't move the balance to a deposit account. It probably wouldn't be a horribly objectionable thing to do for the gift-card companies in general (heck, you've already paid a fee, why not let you have the money back?) It's just that they haven't bothered to set themselves up this way, since nobody does it. You may be able to buy a money order of some sort with it (at a fee). Your best option is probably to use the gift card for everyday expenses, or perhaps run an errand for someone willing to pay you in cash (which you can then put in a deposit account)."}
{"_id": "132754", "title": "", "text": "This analysis misses the opportunities the Roth IRA presents to those with special access. It assumes that all money grows at the same rate, with investments at regular intervals. These assumptions hold for normal workers, but not for the privileged.  Suppose, for example, that in a single year you have limited access to a security that is an acorn you know will grow into a mighty oak; for this example, this security will grow 1000x over some short period of time. For simplicity, assume both the value of acorns you can buy and the the maximum IRA contribution in this year is $5K.  After the short acorn growth period, the after tax values are: There is a minor difference in the amount of money you need to buy the acorns (pre v. post tax), but this is negligible relative to the amount of cash you can assume you have on hand to have special access.  The Atlantic provides an acorn example from private equity (not used with a Roth) and this Washington Post article describes someone with non-publicly traded startup stocks and a Roth."}
{"_id": "132760", "title": "", "text": "\"What are reasonable administrative fees for an IRA? was recently discussed here. My answer was zero.  An IRA is not an investment, it's a container representing the tax status of an account. Once you decide what to actually invest it in, you'll likely incur additional fees. Mutual funds, for instance can range from .05% per year to 2.00% or more. In your case, you are telling us you are spending 2% per year even before you decide what to invest in.  The real question I'd like to see answered is \"\"what value can an advisor bring to one's retirement account to deserve a 2%/year fee?\"\"  My final thought - most financial types had been suggesting that a retiree can target a 4% per year withdrawal after retiring. This rule of thumb has been debated since the lost decade of 2000-2009, and the safe number may be lower. If an advisor is taking 2% off the top, you are basically sharing half your income with him. A million dollar IRA, you get $20K, he gets $20K?\""}
{"_id": "132768", "title": "", "text": "The debt part: http://www.brillig.com/debt_clock/ (ie closing in on $18T)  The bond part:  MBS - http://research.stlouisfed.org/fred2/series/MBST  Tres - http://research.stlouisfed.org/fred2/series/TREAST  Note: Sorry I was off by a trillion dollars - FED holds $5T and growing fast. So easy to be off by a trillion these days. Please forgive me.  edit: format and grammar"}
{"_id": "132777", "title": "", "text": "Take another job.  From a personal finance perspective this is the wrong reason to dip into a retirement account.  You will lose so much ground towards actually retiring.  Sure you won't be taxed, but you will be missing so much opportunity where that money won't be working for your retirement. The off-topic answer to take to the start-ups stackexchange site is:  don't quit your day job until your business plan is written out and you have an idea of where to get your startup capital."}
{"_id": "132780", "title": "", "text": "First - get a professional tax consultation with a NY-licensed CPA or EA. At what point do I need to worry about collecting sales taxes for the city and state of New York? Generally, from the beginning. See here for more information on NYS sales tax.  At what point do I need to worry about record-keeping to report the income on my own taxes? From the beginning. Even before that, since you need the records to calculate the costs of production and expenses. I suggest starting recording everything, as soon as possible. What sort of business structures should I research if I want to   formalize this as less of a hobby and more of a business? You don't have to have a business structure, you can do it as a sole proprietor. If you're doing it for-profit - I suggest treating it as a business, and reporting it on your taxes as a business (Schedule C), so that you could deduct the initial losses. But the tax authorities don't like business that keep losing money, so if you're not expecting any profit in the next 3-4 years - keep it reported as a hobby (Misc income). Talk to a licensed tax professional about the differences in tax treatment and reporting. You will still be taxed on your income, and will still be liable for sales tax, whether you treat it as a hobby or as a business. Official business (for-profit activity) will require additional licenses and fees, hobby (not-for-profit activity) might not. Check with the local authorities (city/county/State)."}
{"_id": "132798", "title": "", "text": "\"It depends on your situation. If your floor is broken, fix it. If you don't have $1,000 on hand, spend appropriately. It seems silly to be doing ROI calculations on the potential impact on resale value.  It's sillier to blow money frivolously, whether you do so with cash or credit. I'm assuming that if you have a broken linoleum floor that the kitchen isn't new, so it doesn't make sense to install your \"\"dream tile\"\" into the kitchen. Skip the imported travertine or wood and buy some nice linoleum and hire a handyman to put it in or install it yourself. You can probably do this for $500-700. If you have longer term plans for the kitchen, get them on paper and figure out what exactly you want to do and when you'll be able to do it.\""}
{"_id": "132813", "title": "", "text": "America is becoming poorer as a result of Fed monetary policy. Inflation is barreling on (a hidden tax) and wages can't possibly keep up. Manufacturing has been getting outsourced for 50+ years and we absolutely rely on cheap imports. If we ever want to be wealthy again, we have to roll back regulations, start manufacturing at home, lower taxes and reign in the Federal Reserve, increase interest rates and tighten monetary policy."}
{"_id": "132825", "title": "", "text": "Realization is when you actually have something in hand, it isn't just theoretical anymore.  For instance, you may win the lottery, but until they hand you a check, you haven't realized the windfall.  Another example is that you may be paid a particular hourly wage, but until you cash the paycheck, you haven't realized the pay."}
{"_id": "132834", "title": "", "text": "I am going to read the article now; but first I wanted to say that the Cisco platform is very old and that it is not impossible for another company to make switches that hedge new technology. It seems only natural that Huawei would be able to give them a good run."}
{"_id": "132839", "title": "", "text": "\"First check: Do you have all the insurances you need? The two insurances everyone should have are: Another insurance you might want to get is a contents insurance (\"\"Hausratsversicherung\"\"). But if you don't own any super-expensive furniture or artworks, you might also opt to self-insure and cover it with: Priority 2: Emergency fund. Due to the excellent healthcare and welfare system in Germany, this is not as important as in many other countries. But knowing that you have a few thousand \u20ac laying around in liquid assets in case something expensive breaks down can really help you sleep at night. If you decide not to pay for contents insurance, calculate what it would cost you if there is a fire in your apartment and you would have to replace everything. That's how large your emergency fund needs to be. You also need a larger emergency fund if you are a homeowner, because as a homeowner there might always be an emergency repair you have to pay for. Priority 3: Retirement. Unless there will be some serious retirement reforms in the next 40 years (and I would not bet on that!), the government-provided pension will not be enough to cover your lifestyle cost. If you don't want to suffer from poverty as a senior citizen you will have to build up a retirement plan now. Check which options your company provides (\"\"Betriebliche Altersvorsorge\"\") and what retirement options you have which give you free money from the government (\"\"Riester-Rente\"\"). Getting professional advise to compare all the options with each other can be really beneficial. Priority 4: Save for a home. In the long-run, owning a home is much cheaper than renting one. Paying of a mortgage is just like paying rent - but with the difference that the money you pay every month isn't spent. Most of it (minus interest and building maintenance costs) stays your capital! At one point you will have paid it off and then you never have to pay rent in your life. It even secures the financial future of your children and grandchildren, who will inherit your home. But few banks will give you a good interest rate if you have no own capital at all. So you should start saving money now. Invest a few hundred \u20ac every month in a long-term portfolio. You might also get some additional free money for this purpose from your employer (\"\"Verm\u00f6genswirksame Leistungen\"\").\""}
{"_id": "132846", "title": "", "text": "\"&gt;... _why the fuck are the executives getting paid instead of existing obligations being at least partially funded_?  Well, first of all, how do you define \"\"executive,\"\" and how do you differentiate between executives who had a hand in ruining the company, and those that didn't?   Are you going to withhold the salary of the executive responsible for boring securities compliance, just because you're mad at the strategic business planning?  Second, \"\"executives\"\" tend to be flexible, mobile, and have \"\"fuck you\"\" money. Turn off their salaries, and they'll just leave.   I know Reddit has this fantasy where executives don't do anything but golf and drink all day, but you can't run a company with an empty C-Suite.   Top management walking out the door would grind everything to a halt - *including* the pension plans and severance you're worried about.\""}
{"_id": "132874", "title": "", "text": "They *are* expensive. There is, though, a symbiotic relationship between PR firms, news-wires and lazy (understaffed, underfunded) reportage, where they can place stories about you. This can be hard to replicate without the appropriate connections/relationships.  For me, it's always been expensive. Results are hit-and-miss depending on lots of things.  It's one tool out of many. Choose wisely. (Which doesn't == never)"}
{"_id": "132881", "title": "", "text": "If you are interested, simply collect their contact information and donate by mail or in the office. You can't vet a door to door or phone call charity; not quickly enough anyway.  A real charity would be happy for your donation anytime, not just when a volunteer happens to catch you at home on the weekend. It is simply to ripe for scams in my opinion. The big exception is when a kid comes to my door with a food item.  I try to buy one just to make the kid feel successful.  Even if they never turn in the money at least I got a $2 chocolate bar."}
{"_id": "132890", "title": "", "text": "Me triggered? Not at all. I am very happy with my vote, my president, the economy, and the prospects under Trump.  You are triggered!  But, Ok, let's wait and see.  So far, I and the stock market are showing great confidence in the future under Trump."}
{"_id": "132894", "title": "", "text": "As an older millennial i did not grow up with smartphones. I got my first flip phone in college!!! The boomers obsession with categorizing me is infuriating. But i guess thats just what a millennial would say.  Also this article is two years old."}
{"_id": "132900", "title": "", "text": "\"but you're not revolutionizing \"\"the industry\"\" once the law catches up.  all you do is replace locally owned dispatching companies with a national corporation, and strain the already tight income of drivers so people can justify the rent they pay for their parking spot.\""}
{"_id": "132904", "title": "", "text": "\"Um... Read what I said more closely. I said it wasn't perfect for the long run. But obstructing and causing it to fail is very different from \"\"fixing\"\" it. Does he want to fix it? Based on his actions, it doesn't seem like it. Literally the only thing keeping me alive right now is the fact that insurance companies can't exclude you or charge higher due to pre existing conditions. The ONLY way that works is if everyone has insurance. High risk pools are not an option. These supposed republican traitors understand that literally killing off God knows how many Americans just do Trump can say he \"\"won\"\" is ridiculous. I'm not a huge fan of the ACA either. I want socialized medicine for all. Why burden businesses to pay for insurance? You want business growth and to foster entrepreneurial growth? Reduce the risk of literally dying from cancer by offering socialized medicine. I am very lucky to be in a situation where I can work for a startup and not have to worry about my Healthcare (for now). Now to answer your questions... Is he for a national health care system? I don't know. It's impossible to know exactly what trump wants. He is purposely elusive and only comes out to bash things when it makes him look good. You never know exactly where he stands so he can always spin the table and said \"\"OH I never said that\"\". If he had legislation he wanted to push forward, why doesn't he work with congress to define it and push t forward? No matter how fucked up congress is there's nothing stopping trump from creating and proposing legislation for discussion. But he hadn't done that. Why? We can speculate all day, but I think at thr core if it he has a psychic imbalance. I think mental illness is the wrong connotation. But his spirit is sick and until he is healed, he will continue to damage the people of America. And the fact that he has such a massive following indicates that there is a spiritual and emotional illness spreading like wildfire through this country. I fear that we will never be a court filled with compassion, civility, and reason. That might not be what the majority wants, and that's fine too. I'm thankful to be very high income and in tech, so I can GTFO when the time is right. Anyway I don't think this post will have changed your mind but maybe it will get some others out there to who are on the fence to reconsider their world view.\""}
{"_id": "132920", "title": "", "text": "If your debt will all be less than 25% gross (yes, I see you said take home) you are in great shape. I'd get the car and not worry.  The well written mortgage is 20% down, with a housing payment (which of course includes prop tax and insurance, as noted by mhoran, below) under 28% and total debt under 36%. You are well within the limits, not even close. That's great."}
{"_id": "132950", "title": "", "text": "&gt; 1)What is the formula to turn the annualized rate into a monthly rate?  What do you *think* it is?   &gt; 2)What is the formula to find out the NPV of monthly cash flows?  Same one as usual. Remember, value can only be summed if it's *at the same point in time.*   &gt; For example, if I get $1000, $2000, and $3000 in months 1, 2, and 3, how do I calculate how much each of those are equal to as a present value if the annual discount rate is 8%?  Think it through."}
{"_id": "132953", "title": "", "text": "&gt;the cost of not doing cyber security is nothing or at worst, a slap on the wrist.  First off, that's not true.  Companies have lost billions in sales after breaches.  You might mean the legal penalty isn't huge, and that's somewhat true, but the market penalty is massive.  HOWEVER, even if I was to grant you that, your answer is non-responsive to putting them out of business.  Putting them out of business doesn't do any more than hurting their business badly."}
{"_id": "132966", "title": "", "text": "From the IRS Section 1091. Loss from Wash Sales of Stock or Securities  Section 1091(a) provides that in the case of any loss claimed to have been sustained from any sale or other disposition of shares of stock or securities where it appears that, within a period beginning 30 days before the date of such sale or disposition and ending 30 days after such date, the taxpayer has acquired (by purchase or by an exchange on which the entire amount of gain or loss was recognized by law),or has entered into a contract or option so to acquire, substantially identical stock or 3 securities, then no deduction shall be allowed under \u00a7 165 The document is not long, 4 pages, and should be read to see the intent. It's tough to choose the one snippet, but the conclusion is this is the definitive response to that question.  A purchase within an IRA or other retirement account can create a wash sale if such a purchase would be a wash sale otherwise, i.e. the fact that it's a retirement account doesn't avoid wash rules."}
{"_id": "132985", "title": "", "text": "Lasers are now an essential tool in industry for cutting, marking, engraving and welding a vast range of materials. Metals are the most commonly worked substrate but organic materials (plastics, paper, wood) are catching up fast. All our machines are engineered with a 24V control circuit and meet CE standards and the Low Voltage Directive. All plugs and sockets are UK Standard.  We give a 1 year warranty on all parts. Our price includes everything you need to get started. Including the software, operation and maintenance training is provided at our workshops."}
{"_id": "132994", "title": "", "text": "Yes, in 2 ways: As you mention, the price of a home generally grows with inflation - along with other factors (supply and demand in local markets, etc.). Through financing. If you finance 80% of your purchase today, in 2014 dollars, you will pay back in future dollars. Those future dollars are worth less, because of inflation."}
{"_id": "133000", "title": "", "text": "You should consider dollar cost averaging your investments. Retirement account is perfect for that - it's long term with periodic deposits. Overall, by investing in stocks now for a long term, you'll benefit more because the stocks are at their low(er) point."}
{"_id": "133013", "title": "", "text": "\"Yeah, they shook me down too. 4 to 5 star ratings everywhere else. 0 on yelp. They deleted every good review and posted one old review from a lady that was fake (looked it up, she never purchased from us). Then called and offered to \"\"help\"\" get us a better rating. I told them to fuck off.\""}
{"_id": "133017", "title": "", "text": "\"If they ask you \"\"are you currently employed?\"\" followed by \"\"if not,  are you actively seeking a job? \"\" and you answer \"\"no\"\" for both in the monthly household survey, then you will not be counted as part of the labor force.\""}
{"_id": "133020", "title": "", "text": "Here is what I was able to find: Yes, but there are special instructions for minors: Working hours: New York State labor laws are slightly more strict than the federal: https://www.labor.state.ny.us/workerprotection/laborstandards/workprot/nyvsfed.shtm Minimum wage: The Dept of Labor's Youth & Labor page states: Occupations such as babysitting are not subject to the minimum wage law. No supporting documentation is given. Another page describes the Youth Minimum Wage Program: A minimum wage of not less than $4.25 may be paid to employees under the age of 20 for their first 90 consecutive calendar days  However, I can't find any such exception in New York State minimum wage law. According to Publication 926, Household Employer's Tax Guide: Federal income tax withholding No, I am not required to withhold federal income taxes from a household employee.  If we both want them to be withheld, a W-4 should be submitted to me. State income tax withholding No, according to NYS Pub 27: Withholding income tax (federal or New York State) from wages paid to household employees is voluntary on your part and your employee Social security and medicare No, I am not required to withhold FICA taxes because when calculated wages, I should not include: An employee who is under the age of 18 at any time during the year.   Exception: Count these wages if providing household services is the   employee's principal occupation. If the employee is a student,   providing household services is not considered to be his or her   principal occupation. Unemployment insurance No, I don't think I have to pay federal unemployment tax.  I think the exception for FICA applies to FUTA.  For New York (according to Household Employers Guide for Unemployment Insurance), there is an exception for paying state unemployment insurance: Daytime students who attend elementary or high school (However, you must pay UI taxes on wages you pay these students if you are liable under FUTA.) I can't find any specific requirements, but aside from numbers of hours times rate of pay, you might want to consider the information required by the Wage Theft Prevention Act: Also, consider this requirements from the NY Minimum Wage Act Every employer shall keep true and accurate records of hours worked by   each employee covered by an hourly minimum wage rate, the wages paid   to all employees, and such other information as the commissioner deems   material and necessary, and shall, on demand, furnish to the   commissioner or his duly authorized representative a sworn statement   of the same."}
{"_id": "133028", "title": "", "text": "The store wants their money back.   It's understandable that they are hesitant to accept another check from you. So if you don't have the cash to pay them back, take your good check somewhere else to cash it, and use that money to pay back the store that you gave the bad check to."}
{"_id": "133046", "title": "", "text": "I understand your point now. When I first read your comment, I gathered that you were making a prediction of a 50% drop (thus my comment about the fool's errand of making predictions).  I now see that you were commenting on the high price volatility of gold and silver."}
{"_id": "133054", "title": "", "text": "I've had a hard time finding out details on remortgaging Help to Buy loans myself, but found one article (http://www.thisismoney.co.uk/money/mortgageshome/article-3038831/Help-Buy-borrowers-risk-missing-best-remortgage-deals.html) which points out it IS possible.  But also that there aren't many lenders offering such deals out there.  The article lists a number of lenders that do offer these programs, and the extra requirements on equity you might have to have. It sounds like it's going to be critical to know how much equity you've built up.   Since part of the valuation increase will be credited to Help to Buy, you won't get all the \u00a330k increase you've mentioned.  Instead, I believe you'll only get 80%, so \u00a324k.   Which would mean your total equity is \u00a324k + \u00a37k = \u00a331k, plus whatever you might have already paid off.  I'm going to assume there isn't much you've paid off, so will assume just over 18%. (31/170) While this is higher than most of the equity limits mentioned in the above article, keep in mind you'd only get cash out corresponding to the difference between your current equity amount and the equity required for the loan.  For example, if you went with a loan requiring 15% equity to qualify, you'd only have 3% over that, and thus get \u00a35.1k out.   And that's before any fees you might have to pay!  (You might have new origination fees, but you also might have early repayment fees.) Maybe you could pursue a lower money down refi and get to keep more, but the same article points out that Help to Buy might consider that too risky for you, and refuse to allow the refi. I think it's worth shopping around to get actual numbers for your exact situation, but personally it doesn't sound like you have enough equity yet to get much cash out of a refi.  Perhaps you'll get lucky though.  Best of luck!"}
{"_id": "133072", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bbc.com/news/business-41095004) reduced by 91%. (I'm a bot) ***** &gt; Sweden is the most cashless society on the planet, with barely 1% of the value of all payments made using coins or notes last year.  &gt; &amp;quot;Some retailers thought it&amp;#039;s easier not to accept these new forms of cash because there&amp;#039;s learning to be done, maybe investment in cash registration machines and so-on.\"\"  &gt; Barely 1% of the value of all payments were made using coins or notes last year, compared to around 7% across the EU and in the US. Prof Arvidsson predicts that the use of cash will most likely be reduced to &amp;quot;a very marginal payment form&amp;quot; by 2020.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zlwmi/why_sweden_is_close_to_becoming_a_cashless_economy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~208372 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **cash**^#1 **payment**^#2 **card**^#3 **Sweden**^#4 **Swedish**^#5\""}
{"_id": "133075", "title": "", "text": "Yes I know I never claimed they did haha. I'm not saying to cut a $15 billion share buyback and make it a $15 billion dividend payout. Depends on the company of course but I'd prefer a more balanced approach with sitting cash rather than using a large majority on buybacks, which seems to be a trend these days. I think it bodes poorly for the future and that's all I'm saying."}
{"_id": "133076", "title": "", "text": "Brit here, don't confuse me with an Australian again, I had enough of that when I went to Disneyworld.  Anyhow, I'm an avid and long-term redditor who knows the ins and outs of reddit. I haven't had much experience moderating but I'd give it a grand old go. 2300EST - 0700EST is roughly lunch to early morning here in the UK, or as I call it, my primary redditing period. So I'm pretty much always online. I'd love you help you guys out and maybe help the subreddit grow."}
{"_id": "133087", "title": "", "text": "Well I am kind of looking for a way to make it little bit more official if I can ... :D I have no toruble for paying taxes to US and anything ...   Just don't want to spend 4000$ on 2 year VISA for a model that will stay in NYC for 3 weeks ...  Doesn't make sense ..."}
{"_id": "133093", "title": "", "text": "How is it possible that long term treasury bonds, which the government has never defaulted on, can hold more risk as an ETF then the stock market index? The risk from long-term bonds isn't that the government defaults, but that interest rates go up before you get paid, so investors want bonds issued more recently at higher interest rates, rather than your older bonds that pay at a lower rate (so the price for your bonds goes down). This is usually caused by higher inflation rates which reduce the value of the interest that you will be paid. Do you assume more risk investing in bond ETFs than you would investing in individual bonds? If you are choosing the right ETFs, there should be a lower amount of risk because the ETFs are taking care of the difficult work of buying a variety of bonds.  Are bond ETFs an appropriate investment vehicle for risk diversification? Yes, if you are investing in bonds, exchange traded funds are an appropriate way to buy them. The markets for ETFs are usually very liquid."}
{"_id": "133102", "title": "", "text": "Yes, you can indeed become rich by investing even small amounts over time. Let's say that you begin with nothing invested, and you start investing $100 per week. Suppose you choose to put your money in an S&P 500 index mutual fund. The CAGR (Compound Annual Growth Rate) of the S&P 500 over the last 35 years has been about 11%. (That 35 years includes at least two fairly serious crashes.) You may get more or less than that number in the future, but let's guess that you'll average 9%. 35 years from now, you would be a millionaire ($1.2 Million, actually). This math works out for anyone, no matter who your parents are, where you are from, where you went to school, etc. Yes, you have a better chance of becoming wealthy the more you invest, the longer you have to stay invested, and the better choices you make in your investments.  By starting early, you will maximize your time invested, which allows you the flexibility to be more conservative in your investments and to invest smaller amounts.  But for those with a shorter time to invest, it is still doable for most people.  Get your financial life under control by eliminating your debt, setting a household budget, and investing for the future."}
{"_id": "133120", "title": "", "text": "\"Your question is listed as \"\"How to invest 100k\"\", not how would I find someone without a hidden agenda - so I'll answer that: It depends. I believe the best choices available are essentially as follows: If you are looking to pay for your childrens' college, it might be nice just to put the money in a Roth IRA and have that done right off the bat. If you disciplined enough to keep the money invested in some type of stock indexed fund, that might be good - the stock market has often outperformed almost every other form of investment over the very long haul. But if you could see yourself tapping it for things, then you might not want this. Another option is to put the money against your house. If that doesn't pay it off, refinance the remaining portion into a lower rate for less years. Obviously this knocks down a huge portion of the interest (duh) and gives you a nice cash flow you can use for investing. Also, the money you've put into a primary residence is pretty safe. I believe in some cases, safe even from bankruptcy. But as you've noted, being underwater on the home you are essentially throwing that money away in some way or fashion. And really, all in all, houses are terrible investments. You never really get your money out of your primary home, unless you downsize. The money is essentially \"\"saved\"\" without an equity line. This is a good choice if you're not disciplined. Your choice depends on: Of course, you can do any combination of these things and as Dave Ramsey is apt to remind his listeners and callers: you ought to have your emergency fund set before you do any of these things.\""}
{"_id": "133152", "title": "", "text": "The estimated approach puts more burden on you to get it right.  Depending on when in the year you make the sale, it may or may not have advantages to you in addition.  Other than the responsibility of ensuring that you make the payment on time, the pros and cons seem to be: Either strategy is legitimate.  It depends on when in the year you have the sale, how sure you are of the sale, and just your personal preference on how to get this done.  Your total tax due for the year will not be different (as long as you pay in such as way that you don't incur late penalties in any quarter)."}
{"_id": "133158", "title": "", "text": "&gt; We're talking about low paying jobs.. and if there's more applicants than jobs than why are staffing companies HUGE right now?  Yeah I'm talking about low paying also. Staffing companies are huge because you can try before you buy. Understand? Your argument just fell apart. Just because there is correlation, it doesn't mean they are related. ***We have tons of illegals and even more unemployed people***   &gt; . Because can't fill the jobs like they want. There's absolutely a ton of demand for low paying workers all around.  Lets see some proof because there is no shortage in most of the country unless you're talking about the ones on farms possibly. We have an extremely high unemployment rate.  &gt;  Places can't keep or find people even to stay for a month.   Maybe thats because they are drug addicted losers or shitty workers. Ever thought of that? That doesn't mean there is a shortage of employees, there is a shortage of good ones  &gt; Anyone that's ever applied knows these places also end up having tons of overtime because they don't have enough help  Wrong, zero evidence and its clearly wrong. No one wants to give these people benefits so they often don't even hire them as full time in any medium-large size company   &gt; Your idea is to take all three of illegals , felons and potheads out of jobs yet somehow still filll these jobs that staffing companies have been trying to fill.  In LA, we have no shortage and it applies to tons of places. Throw the illegals out, they don't belong here.  Felons, someone can hire them, I won't.  Potheads, someone will hire them too, but I won't hire someone that comes to work high, lacks motivation, and is not happy. I want employees that want to work and want to grow. With those type of employees, not only do businesses grow and become more successful, but those employees can get promoted and do better in life. I want my employees to do well in life because to me, the good ones are family."}
{"_id": "133185", "title": "", "text": "It is in circles. Today Money is fiat money. From economic stand point a moderate inflation is good. It there is near zero inflation or deflation, then economy would come to standstill and would stagnate. Hence everything has to becomes expensive. This keeps the economy in motion. House or Gold does increase in value otherwise one would not have purchased them. If you are saying on buying a house, you keep it with someone and after a period of time you get one extra room or keep an ounce of gold and after some years it becomes 2 ounce, well it does increase but differently. There reason there aren't many such schemes is because quantifying it is difficult. It would normally fetch more money than one had bought it for."}
{"_id": "133188", "title": "", "text": "One group of people I've learned through talking to colleagues is working moms are desperate for minor day-to-day conveniences. In my own circle of people I know, women outnumber men vastly as far as being heavy users of Alexa and Amazon Fresh. This is obviously anecdotal but just thought it worth mentioning.   edit: I'm a male.  edit 2: I also think a lot of techies want to see technology evolve for technology's sake. My silicon valley friends are largely like this."}
{"_id": "133193", "title": "", "text": "In one of your comments you say: Even if the pharmacy is not in the insurance provider network? This is why you got the check instead of your insurance company. I have Blue Cross/Blue Shield, and recently my wife underwent a procedure in the hospital, where one of the physicians involved was not in my providers network. I got a letter from the physicians office stating that since they are out of network, the standard practice was for BCBS to issue the check to me, rather than to the provider. I received the check and made the payment. The main contention is the difference in price, and that is what you need to discuss with both the pharmacy (actual billing) and your insurance company (paid benefits)."}
{"_id": "133194", "title": "", "text": "This might vary from other answers but I generally prefer to use debt before touching an emergency fund.  But one of the reasons I have an emergency fund is to that I can make sure I can cover any debt payments.  Essentially, this give you leverage.  You might start off with a small emergency such as needing a new refrigerator.  If you pull the cash out of the fund to pay this off immediately, you've depleted your account and if something major comes along, you might be short.  By using debt, you can often cover the costs with cash-flow and leave your risk buffer in place. Often, retailers will offer really sweet financing deals.  0% for 12 months or whatever.  Often, though, if you don't pay it off in time, they can be costly.  I'm not sure if this is legal (in the US) anymore but if it wasn't fully paid off in time, you'd be retroactively charged interest on the whole amount.  But if you have an emergency fund, you pretty much guarantee that won't happen.  The only time it will is if something else happens that requires the emergency fund to be cashed in.  But if things are that dire, the debt is unsecured.  You're credit may suffer but they can't come after your assets. It's not an either-or situation.  You give yourself options by having the cash available.  It allows you to take advantage of opportunities that might be too risky otherwise.  Ultimately what you want to be able to weather the storm in a situation where you have, say, a mortgage on a house that is underwater, the stock market is down, and you have no income.  In that situation, you don't want to liquidate your stock when it's down and you (probably) don't want to lose your home equity in a foreclosure."}
{"_id": "133196", "title": "", "text": "Dividends are not paid immediately upon reception from the companies owned by an ETF. In the case of SPY, they have been paid inconsistently but now presumably quarterly."}
{"_id": "133203", "title": "", "text": "I would say no, they don't. Not for everyone at least. I think you'll find many of the most successful business people got to where they are through determination, hard work and learning from their mistakes. I love that last quote too \u201cYou don\u2019t have to be great to start but you have to start to be great.\u201d"}
{"_id": "133204", "title": "", "text": "\"Probably the biggest driver of the increased volumes that day was a change in sentiment towards the healthcare sector as a whole that caused many healthcare companies to experience higher volumes ( https://www.bloomberg.com/press-releases/2017-07-11/asset-acquisitions-accelerate-in-healthcare-sector-boosting-potential-revenue-growth ). Following any spike, not just sentiment related spikes, the market tends to bounce back to about where it had been previously as analysts at the investment banks start to see the stock(s) as being overbought or oversold. This is because the effect of a spike on underlying ratios such as the Sharpe ratio or the PE ratio makes the stock look less attractive to buyers and more attractive to sellers, including short sellers. Note, however, that the price is broadly still a little higher than it was before the spike as a result of this change in sentiment. Looking at the price trends on Bloomberg (https://www.bloomberg.com/quote/CDNA:US) the price had been steadily falling for the year prior to the spike but was levelling out at just over $1 in the few months immediately prior to the spike. The increased interest in the sector and the stock likely added to a general change in the direction of the price trend and caused traders (as opposed to investors) to believe that there was a change in the price trend. This will have lead to them trading the stock more heavily intraday exacerbating the spike. Note that there traders will include HFT bots as well as human traders. You question the legality of this volume increase but the simple answer is that we may never know if it was the target of traders manipulating the price or a case of insider trading. What we can see is that (taking \"\"animal spirits\"\" into account) without any evidence of illegality there are plenty of potential reasons why the spike may have occurred. Spikes are common where traders perceive a change in a trend as they rush to cash in on the change before other traders can and then sell out quickly when they realise that the price is fundamentally out of sync with the firm's underlying position. You yourself say that you have been watching the stock for some time and, by that fact alone, it is likely that others are for the same reasons that you are. Otherwise you wouldn't be looking at it. Where people are looking at a stock expecting it to take off or drop you expect volatility and volatility means spikes!\""}
{"_id": "133205", "title": "", "text": "**Here's a sneak peek of /r/Anarchism using the [top posts](https://np.reddit.com/r/Anarchism/top/?sort=top&amp;t=year) of the year!**  \\#1: [[NSFW] A friend of my friend at Standing Rock was hit in the left arm by a concussion grenade, causing severe injury which requires surgery.](http://imgur.com/mtmJA7Z) | [738 comments](https://np.reddit.com/r/Anarchism/comments/5e6141/a_friend_of_my_friend_at_standing_rock_was_hit_in/)   \\#2: [Fuck you, 2016....](http://i.imgur.com/qvop4W1.jpg) | [182 comments](https://np.reddit.com/r/Anarchism/comments/5kf12p/fuck_you_2016/)   \\#3: [Reminder that our criminal justice system is broken.](https://i.redd.it/feewrxdtshqy.jpg) | [241 comments](https://np.reddit.com/r/Anarchism/comments/64c87s/reminder_that_our_criminal_justice_system_is/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "133208", "title": "", "text": "\"&gt; The lawsuit was brought by a man named Chris Gillespie who had registered 763 domain names that included the word \"\"google.\"\" In response, Google claimed trademark infringement, and Gillespie was ultimately ordered to forfeit the domains. Gillespie then sued in a bid to invalidate the trademark   some domain squatting asshole decided to go after google and lost.   Good[.](#a \"\"Break his legs too\"\")\""}
{"_id": "133218", "title": "", "text": "Yes.  It is.  It, like all business, takes a bit of luck, but honesty can be an asset.  I knew a used car salesman who was absolutely honest and had a great eye for product.  He bought cars at auctions out of state, and many of them were sold or reserved before they even arrived  at his lot."}
{"_id": "133228", "title": "", "text": "most of these lay offs are probably from the entry level and some management. They are probably recent grads who work their asses off to get a chance to work for Morgan Stanley. They are not even close to the 1% just hard working bankers that got unlucky."}
{"_id": "133235", "title": "", "text": "\"Do I understand correctly, that we still can file as \"\"Married filing   jointly\"\", just add Schedule C and Schedule SE for her? Yes. Business registration information letter she got once registered   mentions that her due date for filing tax return is January 31, 2016.   Does this prevent us from filing jointly (as far as I understand, I   can't file my income before that date)? IRS sends no such letters. IRS also doesn't require any registration. Be careful, you might be a victim to a phishing attack here. In any case, sole proprietor files a regular individual tax return with the regular April 15th deadline. Do I understand correctly that we do not qualify as \"\"Family   partnership\"\" (I do not participate in her business in any way other   than giving her money for initial tools/materials purchase)? Yes. Do I understand correctly that she did not have to do regular   estimated tax payments as business was not expected to generate income   this year? You're asking or saying? How would we know what she expected? In any case, you can use your withholding (adjust the W4) to compensate.\""}
{"_id": "133250", "title": "", "text": "My in-laws don't cook and thought this shit was revolutionary or something so they keep giving us subscriptions as presents.  It's expensive, basically you get raw ingredients and simple instructions for preparing nice meals that take an hour of your life (they estimate less it's always longer in reality), 100 steps to make and have no leftovers.  You still have to chop the stuff up and their recipe's usually take 5+ pans and pots minimum to prepare, so you end up with a lot of dirty dishes and no leftovers for all your trouble since the portions are small.  Basically you're better off going to the store and learning how to cook from any of the bazillion recipes online, which I assume most customers end up doing. We grew to dread getting a box when it'd show up. Can't say the meals weren't good just not saving you anything over doing it yourself."}
{"_id": "133261", "title": "", "text": "A) Wrong subreddit. There's probably a legal advice Canada one you should check out.   B) You're a cashier. No one cares about your involvement in taxing products/customers. Unless you're directly pocketing money the most you could be is out of a job.   C) If you're part of a chain store there is a REALLY good chance they have their inventory/sales numbers looked at regularly by extremely qualified people.   Conclusion: Customer was being a dick for no reason."}
{"_id": "133273", "title": "", "text": "I looked them up after class and it's a company with many different branches and it doesn't really specify what his title is (besides VP) or what kind of work he does. I'm thinking I'll just have to wait till the interview to know exactly what his job entails. But thank you!"}
{"_id": "133286", "title": "", "text": "We are always ready to help, whether you are a startup up company or existing. Accountingdirect have 20 years of experience of property experience and evaluating town Property Development Advise issues. Along with these things, we find right joint venture partners to help you finance your projects. Many people's within the Melbourne aspire to start their personal belongings Property Development Advice, and it's no actual surprise. After all, aside from supplying an opportunity to make a notable deal of cash, working in assets development may be an interesting outlet for creativity and would not require any professional qualifications."}
{"_id": "133293", "title": "", "text": "Showz Store is the biggest online retailer of all kinds toys. We have a comprehensive categorized TransFormMission toy section perfect for tracking down a specific item. Once you've determined to shop for toys online, it'll be essential so one can pick them out based on the reviews that other mother and father have had with the same kind of product. This can be carried out via analyzing some of the product evaluations about that particular toy."}
{"_id": "133299", "title": "", "text": "Payment of taxes for your personal return filed with the IRS always come from your personal account, regardless of how the money was earned. Sales tax would be paid from your business account, so would corporate taxes, if those apply; but if you're talking about your tax payments to the IRS for your personal income that should be paid from your personal account. Also, stating the obvious, if you're paying an accountant to handle things you can always ask them for clarification as well. They will have more precise answers. EDIT Adding on for your last part of the question I missed:  In virtually all cases LLC's are what's called a pass through entity.  For these entities, all income in the eyes of the federal government passes directly through the entity to the owners at the end of each year.  They are then taxed personally on this net income at their individual tax rate, that's the very abridged version at least. The LLC pays no taxes directly to the federal government related to your income. Here's a resource if you'd like to learn more about LLC's: http://www.nolo.com/legal-encyclopedia/llc-basics-30163.html"}
{"_id": "133317", "title": "", "text": "Im not goingg to reply any more you dont have rebuttals you have additude. The second you learn to respect people you debate I'll comment back untill then i'm tired of you being unable to provide arguments you just blow what the opponent says out if proportion and add /s."}
{"_id": "133333", "title": "", "text": "Nokia is a bit of an anomaly really. They aren't sinking because of the weak economy, although I dare say it plays a part in things. They are struggling because nobody wants to buy a Nokia phone anymore, whereas five years ago half the world's population wanted one."}
{"_id": "133347", "title": "", "text": "\"AWS is pretty much completely separate from Amazon's retail business.  Building for AWS and the cloud isn't a bad thing, even if you're running local servers.  Plus, a properly built system can run on Microsoft's cloud or any of the other offerings, not just AWS.  My bet is most of those vendors want to sell the competitors their own hardware instead.  It's really easy for them to lock someone in with some new special software developed for a low low price.  After all, \"\"first hit's free.\"\"\""}
{"_id": "133356", "title": "", "text": "\"There are countries out there that are known as tax havens, where they offer companies low or no taxes on earned revenue. I haven't looked into this in over a decade, but recall that countries like the Cayman Islands, Switzerland, Ireland, and Nauru, to name a few fit that tag. But like bstpierre stated, there's a reason why the IBM's of the world can pull that off easier then us mere mortals. They have the financial clout to make sure they have accountants that dot every i, cross every t, and close every loophole that would give an \"\"in\"\" to the folks at the IRS, CRA, Inland Revenue, or who have you.\""}
{"_id": "133373", "title": "", "text": "It has got to do with the irrationality of humans.  The so called long term investor is in it for the long term, they are not worried about market fluctuations nor timing the market. But yet they will aim to try to get a bargain when they buy in.  It is contradictory in a way. Think about it; if I buy a stock and it drops by 30% I am not worried because I am in it for the long term, but I am worried about getting 1% off when I buy it.  They usually tend to buy when the stock starts falling. However, what they don\u2019t realise is when a stock starts falling there is no telling when it will stop. So even if they get a bargain for that day, it is usually quickly wiped out a few days later. Instead, of waiting for the price to find support and start recovering, they are eager to buy what they think is a bargain. I think this type of long term investing is very risky, and the main reason is because the investor has no plan. They just try to buy so called bargain stocks and hold them until they need the money (usually in retirement). But what happens if the stock price is lower when they want to retire than when they bought it? I hope no long term investor was trying to retire in 2008. If they simply had a plan to indicate when they would buy and under what conditions they would sell, and have a risk management plan in place, then maybe they could reduce their risk somewhat and conserve their capital. A good article to read on this is What's Wrong With Long-Term Investing."}
{"_id": "133380", "title": "", "text": "Look. Here's a graph of the S&P 500. It's up 1200% since the start of the 70's, our late recession notwithstanding. You're not going to get that kind of return on bonds or commodities or savings accounts. (Maybe real estate stands a chance, if your real estate wasn't in, say, Detroit. It's not as easy to diversify real estate...) People in their 20's who have plenty of time before they need to spend their retirement money invest in the stock market exactly because they're long-term and can withstand these dips just by waiting them out, and earn a ton of money. People approaching their 60's transition their portfolio to bonds so that a market crash won't wipe them out."}
{"_id": "133388", "title": "", "text": "\"To answer your first part, its not an opposition to profit. It's an opposition to usury - the practice of charging excessive interest on loans. There are extensive passages in the Qur'an condemning the practice, and in many cases \"\"excessive interest\"\" is any interest. To the second part of the question, these may well be more risky investments. But if you're trying to build a strong and thriving community financial spirit, one might expect there to be significant social pressures to use the loaned money responsibly. Additionally, while it removes some of the penalty for failure, it doesn't remove the rewards for success. The incentive is still there to succeed. It's merely the penalty for failure is no longer financial ruination. It may also temper the incentive for banks to give money to riskier borrowers, but rather to prudently invest in ventures with an acceptable amount of risk. The question as to whether or not this is a \"\"house of cards\"\" likely depends on the questioner. Whether or not this is also true for the western banking system likely remains to be seen, but it hasn't exactly been doing a sterling job of convincing me it isn't true for the past decade.\""}
{"_id": "133413", "title": "", "text": "\"&gt; Wall St ripped off retail investors pretty good  \"\"Ripped off\"\" ?  How about \"\"retail investors did not sufficiently research and think about the company, invested poorly\"\"  Seriously, a 20 minute thought experiment pre-IPO of \"\"is Facebook worth $100bn, and does it have growth prospects?\"\" ought to immediately discount the stock. The smart money was always on \"\"short it as soon as you can\"\"  If you're making investment decisions like \"\"Hey, I know what that company is. I use facebook!\"\" you deserve to lose money.\""}
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{"_id": "133440", "title": "", "text": "\"At any moment, the price is where the supply (seller) and demand (buyer) intersect. This occurs fast enough you don't see it as anything other than bid/ask. What moves it? News of a new drug, device, sandwich, etc. Earning release, whether above or below expectations, or even dead-on, will often impact the price.  Every night, the talking heads try to explain the day's price moves. When they can't, they often report \"\"profit taking\"\" for a market drop, or other similar nonsense. Some moves are simple random change.\""}
{"_id": "133463", "title": "", "text": "Was about to say - Ihop closing only 25 locations isn't a big deal. I have TWO in my town less than 2.5 miles from each other. Everyday they have people there no matter the time. College students hang there EVERY night. Both locations are impossible to get into on the weekends prior to 1pm. I think they are doing just fine."}
{"_id": "133465", "title": "", "text": "lol do a !remindme and I will do as well so i can laugh at you Snap chat hit 15 dollars this month up for sub 12 after a good earnings call. They are making above the right moves and will end up over taking instagram AND facebook in the next 5-10 years. Walmart is going to show they are walmart and GoPro is also doing everything right to enter the next 10+ years to max out and then be bought out. I have already made over 3 grand in the last month just playing Snapchat and GoPros stocks on a day trade and I am only playing with less than 10k and I would of made far more if I really went all in like I should of.Shit I made over a grand on SHLD because the stock plunged before earnings call and I knew it would rise roughly 10% which it actually did by 12% before it fell again after the earnings call.  Hell Snapchat will hit 20 a share by end of spring if it takes that long. Go Pro will be over 15 by X Mas. If you are going to talk shit add something to it because all you are doing is blah blah blah about something you don't know about and have done no research on and if you have I feel bad for your investments."}
{"_id": "133468", "title": "", "text": "Python. R is (not quite) moribund at this point. These days Python can do everything better and more efficiently (while, with libraries written in C, but that doesn't matter). The proportion of Python to R is only going up."}
{"_id": "133471", "title": "", "text": "With unlimited resources, even governments couldn't oppose me. I'd take over the planet and force my will on the population.  Business wouldn't really be interesting if you already had unlimited resources. The primary motivation to engage in business is to accumulate resources."}
{"_id": "133472", "title": "", "text": "&gt; Most businesses operate at a loss for the first year or two, and reinvest all the profits for expansion for a few years after that. So higher income taxes won't affect them one bit.  Yes, but tariffs, licenses, excise taxes, payroll taxes, and the like do. I say this as a business owner. I agree that the personal margin income tax brackets should go higher, I was just making a comment about how you form a healthy ecosystem for businesses. It takes tax friendly policies on the corporate level.  &gt; Half of all incomes goes to the top 10%. They have more than enough money...   Well, if we open it up to the top 10% now instead of only 1% (which is what I was referencing with the whole Occupy movement), we are starting to get somewhere. They already pay the largest proportion of taxes, obviously raising taxes would impact them the most no matter how you look at it. I have no disagreement with doing that, in fact I encourage it.  &gt; (Note: I intentionally ommitted health care because money alone won't fix that mess.)  I would say education fits within that category too. Per capita we spend more than any other country on our children already.  But yes, raising taxes will be necessary to fund what we need to fund, but I'd like to start with cutting government spending, reforming the fucked up programs, and creating a real economic / jobs plan for the next 50 years and then, at that point, we can determine who pays what taxes rather than asking the wealthy to pay more so we can fund useless wars."}
{"_id": "133486", "title": "", "text": "\"Keep in mind that the Federal Reserve Chairman needs to be very careful with his use of words.  Here's what he said: It is arguable that interest rates are too high, that they are being constrained by the fact that interest rates can't go below zero. We have an economy where demand falls far short of the capacity of the economy to produce. We have an economy where the amount of investment in durable goods spending is far less than the capacity of the economy to produce. That suggests that interest rates in some sense should be lower rather than higher. We can't make interest rates lower, of course. (They) only can go down to zero. And again I would argue that a healthy economy with good returns is the best way to get returns to savers. So what does that mean? When he says that \"\"we can't make interest rates lower\"\", that doesn't mean that it isn't possible. He's saying that our demand for goods is lower than our ability to produce them. Negative interest would actually make that problem worse -- if I know that things will cost less in a month, I'm not going to buy anything. The Fed is incentivizing spending by lowering the cost of capital to zero. By continuing this policy, they are eventually going to bring on inflation, which will reduce the value of the currency -- which gives people and companies that are sitting on money an dis-incentive to continue hoarding it.\""}
{"_id": "133487", "title": "", "text": "\"You can't get much better advice for a young investor than from Warren Buffet. And his advice for investors young and old, is \"\"Put 10% of the cash in short\u2011term government bonds, and 90% in a very low\u2011cost S&P 500 index fund.\"\" Or as he said at a different time, \"\"Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees\"\".  You are not going to beat the market. So just save as much money as you can, and invest it in something like a Vanguard no-load, low-cost mutual fund.  Picking individual stocks is fun, but treat it as fun. Never put in more money than you would waste on fun. Then any upside is pure gravy.\""}
{"_id": "133488", "title": "", "text": "w/o the winklevoss twins, Zuckerberg wouldn't be a billionaire. Not that he wouldn't be successful, or he owes them anything, but w/o their idea of a social network, he very likely would have done something different. Worked hard, but it may or may not have worked. He is both skilled, hard working, and lucky."}
{"_id": "133506", "title": "", "text": "Indeed that just over, there is no way in hell that the North Koreans are going back.  Now then lets focus on Iran and expedite their Journey into the realization that a Nuclear weapon is the only way they will have any fucking peace.  That should be a nice tipping point"}
{"_id": "133511", "title": "", "text": "The reason they have this massive debt is largely (not entirely) because they have been employing Keynes' policies and spending more than they had for so many years as it is. Austerity is not the solution. However, reckless spending is not the solution either. A lot of people arguing for keynesian policies (not a bad idea in most recessions) don't grasp that investors have a limited amount of money to invest and aren't going to place it in a country that has as bad of a debt problem as you pointed out.  So many people keep arguing these struggling countries need to spend more. While that would help expand their economies, it is not feasible. Where do you guys going to think the money is going to come from? If investors don't want to provide then they have to print more money, which creates the risk of hyperinflation.  Spending could help a little maybe if it was a realistic thing to do. Right now any Keynesian solutions are a fairy tale. Countries like Greece need to do what they can with the resources available to them instead of spending like a bunch of millionaire playboys on crystal meth. Look at the U.S. We have spent trillions and our GDP is still growing at only slightly more than half the rate it has from 1947-2012. If people expect massive government spending to be a fix to these problems, then we are a clear case that it isn't. I acknowledge we could be a lot worse and possibly still be seeing a contraction without the spending, but it clearly isn't fixing our problems and sooner or later we won't be able to take on more debt to fix it. We need real solutions to generate real growth instead of dicking around like this. Other western countries need to do the same.  edit:Also what we are doing right now would not be considered keynesian solutions. Keynes would advocate spending money to fix the problems, not just dumping money into the economy. That is something I would agree with. But since our politicians can't grasp that I don't want them in control of the purse strings anymore."}
{"_id": "133517", "title": "", "text": "The classic answer is simple. Aim to build up a a financial cushion that is the equivalent of 3 times your monthly salary. This should be readily accessible and in cash, to cover any unforeseen expenses that you may incur (car needs repairing, washing machine breaks down etc). Once you have this in place its then time to think about longer term investments. Monthly 'drip feeding' into a mutual stock based investment fund is a good place to start. Pick a simple Index based or fund with a global investment bias and put in a set amount that you can regularly commit to each month. You can get way more complicated but for sheer simplicity and longer term returns, this is a simple way to build up some financial security and longer term investments."}
{"_id": "133520", "title": "", "text": "\"&gt; No one cried when car replaced Horse carriage  Your broad point definitely stands, but this statement is not correct.  A TON of people cried when the horse/carriage started dying - leatherworkers, cow (leather) farmers, sanitation workers. ranchers that raised &amp; bred horses.... those industries were *gigantic* at the time and all took a huge hit.  And it definitely sucked for them - they didn't do anything wrong, but their means of livelihood were eroded and practically destroyed - and not for depleting a resource of some kind (like maybe a mine running dry).  But the relevant question is - what happened to the value of their product and is anyone at fault?  The answer is that it's pretty simply no one, and you just have to chalk it up to \"\"times change\"\".\""}
{"_id": "133522", "title": "", "text": "Paying out dividends and financing new projects with debt also lessens the agency problem. The consequences of a failed project are greater when debt is used, so the manager now has a greater incentive to see that the project is a success. This, in addition to the paid divided is a benefit to the shareholder. If equity wasn't paid out and instead used for the project then the manager may not be so interested in its success. And if it's a failure then the shareholders are worse off."}
{"_id": "133523", "title": "", "text": "Nissan warranties their battery for 100K / 8 years, so it will be interesting to see how they handle a possible problem. As electric cars become more widespread it will also be interesting to see if the second-life market for batteries for static storage comes to pass, a big rebate for your old battery with limited range, but still lots of storage could take out  a good chunk of the cost for new batteries."}
{"_id": "133525", "title": "", "text": "From the FAQ I think it is fairly clear that it is OK: Can I open a Help to Buy: ISA with someone else? No. Help to Buy:   ISAs are only available to individuals. But, you can put more than one   government bonus towards the home you are buying. So, if you are   buying a home with someone else who is also a first time buyer, they   can open and save money into their own account and receive a   government bonus. Inference: if you are buying a home with someone else who is NOT also a first time buyer, they can't get their own account and get the bonus (but there's no problem with you doing so).  Alternatively - open the Help To Buy ISA, you'll still get the normal interest rate on it, and then argue the case with the conveyancer / solicitor once you actually buy the property and claim the Government bonus. In fact, here is the declaration you (well, specifically, your girlfriend) would have to sign at the point you jointly make the purchase. Nothing in there that forbids it being a joint purchase with a non-first-time-buyer either."}
{"_id": "133533", "title": "", "text": "With Prime Now and same day shipping, I don't need to go to Best Buy unless it was an actual emergency.   Also, a new Best Buy opened up in Mountain View. It is totally empty, and I'm at a loss at who in corporate thought it was a good idea to open another one."}
{"_id": "133536", "title": "", "text": "AFAIK gillet and hicks received massive loans to fund their purchase and they have not been keeping up the repayments so now the creditors own the club. Its like getting a car on the never never, or a mortgage, i fyou don't keep up repayments the credit company take back the car or the bank repossess your house. I am sure it is a bit more complicated than that in this case, but tbh I would be surprised if it was fundamentally different.  thats why RBS and the mill fininance are involved, they provided the loans, and are probably desperately keen to sell before going into administation, which would dock liverpool 9 points and reduce the value even more."}
{"_id": "133540", "title": "", "text": "From a purely financial standpoint, you should invest using whatever dollars get you the best rate. The general rule of thumb that I've come across is that if you are making another person/company change your money into another nation's currency, they will likely charge a higher exchange rate than you could get yourself. However, it really depends on your situation, how easy it is for you to exchange money, what your exchange rate is, and what your broker is charging you to exchange to USD (if on the off chance this is truly nothing, then stick with CAD). Don't worry about the strength of the USD to CAD too much because converting your money before you make purchases doesn't allow you to buy more shares. For the vast majority of people, trying to work with national currency exchange rates makes things unnecessarily complex."}
{"_id": "133548", "title": "", "text": "As Stan's answer recommends, don't give them the money; make the checks payable to the credit-card company or the bank that issued the student loan so that those debts get repaid for sure, or else you run the risk of that money also going the way of all flesh and the debt remaining untouched. Next, file a gift tax return (Form 709, which is not filed along with Form 1040; all 709s go to one IRS office as described in the instructions), saying that you gave your son and daughter-in-law gifts of $20K each (say) and that you want to have $12K (excess of each gift over and above the annual exclusion of $14K per recipient) count against your combined lifetime estate tax and gift tax exclusion (which is currently over $5M). So, no gift tax needs to be paid. (As JoeTaxpayer's comment points out, if you are married and your spouse is willing to join in this, then as much as $56K can be given without anyone having to file Form 709).  Then, change your will to reduce your son's and daughter-in-law's inheritance by $40K. If and when they return the money (as a gift to you), change your will back  by removing the reduction. If the repayment is is a lump sum, the gift tax return stratagem can be used by your son and daughter-in-law while if they pay back over two years, no gift tax return need be filed.  So., that's it. No interest to be paid by anybody, no gift taxes to be paid by anybody, no income to be reported on any tax return, etc. This will work unless you have serious concerns about reducing your combined lifetime estate tax and gift tax exclusion by $12K, and if you do, you can afford to hire plenty of lawyers to advise you on better strategies."}
{"_id": "133555", "title": "", "text": "Assuming that's my only source. Of course your logic begs that you too have concluded your views from mass programming a la' Al Gore movies, liberal professors, and endless mindless reports from billion dollar Globalist corporations with vested interests in cheap labor,  top 1% bankers who stand to make bank off the new climate economy, and liberal orgs with vested interest in perusing global authority. Which is what climate change hoax is all about.  Nice try though.  Btw, you will get your dream come true. Your side will achieve a global climate police state. Trump slowed it down but 40 years of massive brainwashing from the Deep State globalists all MSM Hollywood universities music industry television and the usual left wing power structure will win out shortly. The. You will see that I and many others were right."}
{"_id": "133560", "title": "", "text": "Wow.. Thanks for that article. I've resisted ebooks, but will be buying a kindle this week. Why ? Because why not, these guys are fighting a good fight.  That was a very clever strategy to offer 100% royalties... Now when Jeff announces his new venture into publishing , authors will remember this."}
{"_id": "133572", "title": "", "text": "If you have a rental property, take the income from that property and then invest it in a dividend fund, or sell the property and invest those proceeds. Borrowing against a house or other property is just not a great idea.   Rule 1: Don't borrow against a house.  Rule 2: For any substantial advice, go to a financial advisor, not reddit.  Rule 3: Don't borrow against a house."}
{"_id": "133580", "title": "", "text": "Is it possible that the result could be a reduced-size Eurozone, with Germany, France, Austria, BeNeLux and Finland remaining in, while others go back to their former currencies or form a Southern European (and Irish) common currency?"}
{"_id": "133586", "title": "", "text": "I was in your situation a few years ago and I discovered something that worked perfectly for me - a local health insurance broker. I met with her, discussed my needs, reviewed the options with her, then acted. She received a commission from the insurer, so it cost me nothing. I would certainly follow a similar approach again."}
{"_id": "133599", "title": "", "text": "Listen, I planted a seed in your head that will grow into intelligent thinking. You can do it.   As an alternative to believing me (since I'm so ignorant) just read a LOT more. But don't just read CNN."}
{"_id": "133602", "title": "", "text": "On June 1, 2014, the Financial Post reported that small businesses are very optimistic about the economy \u2013 with the Canadian Federation of Independent Businesses stating that their Business Barometer index rose again for the second straight month (a score of 67.1). In response to the increased revenue that an improved economy would bring, businesses are investing in MONEXgroup\u2019s fast and secure credit card processing terminals."}
{"_id": "133623", "title": "", "text": "Mr. Raphael Lilla has been operating as the Executive Director of SBC Group AG Bouchs (Switzerland) since July, 2016. With a professional experience of over 20 years in the legal and finance industries, Mr. Lilla takes pride in his association with the International Society of Business Leaders."}
{"_id": "133644", "title": "", "text": "Is this an employee stock purchase plan (ESPP)? If so, and there is no required holding period, selling right away is essentially a guaranteed bonus with minimal risk. One caveat is that sometimes it takes a while to actually receive the shares at your brokerage, and in the meantime your company may have an earnings report that could cause the share price to drop. If your discount is only 5%, for example, a bad earnings report could easily wipe that out. The only other cons I can think of is ESPP contributions being withheld from you for months (albeit for a virtually guaranteed return), and it complicates your taxes a bit. On the flip side, another pro is that after you sell the shares, you are more likely to invest that money rather than spend it."}
{"_id": "133673", "title": "", "text": "Are you raising that cat simply to eat?  And sure, if the the dog or cat or bear for that matter, is raised simply to be eaten or used for body parts later, I could care less if they are abused.  They are used for a purpose.  A means to an end.  I really think there are things in this world that we could better spend our time worrying about, rather than this turkey, who will make a delicious sandwich in a few months."}
{"_id": "133696", "title": "", "text": "Consistent with the plateauing in Facebook growth. But let's also remember that Zynga was the company whose CEO was lionized in some quarters for screwing his own employees on options, benefits, pay and job security. You earn a reputation for treating your people badly, they will go elsewhere and you will run out of ideas."}
{"_id": "133701", "title": "", "text": "As JoeTaxpayer has mentioned, please consult a lawyer and CA.  In general you would have to pay tax on the profit you make, in the example on this 10% you make less of any expenses to run the business. depending on how you are incorporating the business, there would be an element of service tax apart from corporate tax or income tax."}
{"_id": "133728", "title": "", "text": "You know there is a small group of individuals who focus on strictly planning without implementation. They are not securities licensed (no 7,6,66,63 license) so they cannot sell or discuss securities, but they do put together financial plans to help individuals recover from debt and rework spending/saving strategies. They also usually work hand in hand with a CFP or ChFc to do the implementation process. The hard part is making money at it. Financial Planners make most of their income on high net worth clients. You would be targeting low income or troubles income clients that would have a hard time paying money for the service. I am not saying it cannot be done, you just have your work cut out for you. But it is a noble career and you would be helping idividuals have a better life. That speaks volumes!"}
{"_id": "133735", "title": "", "text": "To give the seller cash at the closing, you will need to borrow the money ahead of time, which means a mortgage is out. A bank will only make a mortgage if they get the deed. Therefore, you will have to borrow a different way, such as through a more-expensive home equity loan."}
{"_id": "133741", "title": "", "text": "I think you're doing the right thing. One of the benefits of tax-deferred account, aside of it being tax-deferred, is that it keeps the money locked from you. Some people think it's a bad thing, I think it's a good thing. The amount of money locked is not that significant relatively to your income (10% in your case, which is a lot relatively to others of your age, and shows that you think ahead and plan for your future), but it builds up a cushion to fall to when you're old. Many people don't think of the time they're old, or think they'll be the same or better (income-wise) as they're now. That is not so. Although during the period of your life your marginal tax will indeed grow, in the end it goes back down again for most of the people, and that is because your income goes down. It is then that you need the money you're putting aside now, and the more you put aside, and the earlier you put it aside - the more you will have then. The fact that it's locked promises that you will have it then, not before when you want to buy a house you can't afford or impress a girl with a car you can't pay for. In my mind that's the best benefit, and the fact that the earlier you start putting the money there, the more gains it will acquire until you actually need it. So keep up the good work, and save for your future, lock out that 10%, and invest the rest in other channels which may be more risky and with more potential gains."}
{"_id": "133742", "title": "", "text": "That I - Deacon John Hubertz, and my tiny church, are going to make a dedicated and if necessary lifelong effort to stop the thieves and scoundrels who charge $10,000 to bury a body.  We do this for the widows, for the orphans, and because I and my entire church are on a mission from God.  We do not own a building, we do not seek to convince or convert, and we never ask for donations.  We have been given this righteous task and with all our strength we will do this.  http://saintjosephrcc.blogspot.com/2017/09/god-speaks.html"}
{"_id": "133754", "title": "", "text": "They told you what to do--the Department of Labor.  They have ways around this problem.  Also, that ex-CFO certainly should care if it's his name on the dotted line."}
{"_id": "133760", "title": "", "text": "\"Buying pressure is when there are more buy orders than sell orders outstanding.  Just because someone wants to buy a stock doesn't mean there's a seller ready to fill that order.  When there's buying pressure, stock prices rise.  When there's selling pressure, stock prices fall. There can be high volume where buying and selling are roughly equal, in which case share prices wouldn't move much. The market makers who actually fill buy and sell orders for stock will raise share prices in the face of buying pressure and lower them in the face of selling pressure.  That's because they get to keep the margin between what they bought shares from a seller for and what they can sell them to a new buyer for.  Here's an explanation from InvestorPlace.com about \"\"buying pressure\"\": Buying pressure can basically be defined as increasingly higher demand for a particular stock's shares. This demand for shares exceeds the supply and causes the price to rise. ... The strength or weakness of a stock determines how much buying or selling interest will be required to break support and resistance areas. I hope this helps!\""}
{"_id": "133783", "title": "", "text": "Do you really believe that in 6 months in office, Trump did nothing about the economy or trade? Yes or no?  Before you answer, here we go:  * Donated his pay checks. * Repealed 14 Obama regulations via CRA saving $60 billion in costs to the economy yearly per American Action Forum  * Directed Dep\u2019t of Commerce to streamline Federal permitting processes for domestic manufacturing * Cut 1.6 billion costs from Air Force one and F-35 airplanes * Regulatory freeze on all federal governmental agencies via EO signed (1/30/17) * Making agencies cut 2 regulations for each new one. OMB reporting that as of June 2017 the real ratio is closer to 16 to 1 per Washington Examiner (07/19/17) * Sec Ross has slapped more than $2 billion in fines on China and Canada for illegal trade practices. * Food Stamp spending is down almost $1 billion per month and $12 billion per year per USAD * Killed TPP * **[And much much more here](https://www.reddit.com/r/The_Donald/comments/6w7zm4/real_trump_news_updated_082617/)**"}
{"_id": "133788", "title": "", "text": "1: Low fees means: a Total Expense Ratio of less than 0,5%. One detail you may also want to pay attention to whether the fund reinvests returns (Thesaurierender Fonds) which is basically good for investing, but if it's also a foreign-based fund then taxes get complicated, see http://www.finanztip.de/indexfonds-etf/thesaurierende-fonds/"}
{"_id": "133795", "title": "", "text": "Three things prevent you from doing this: Credit cards generally don't accept other credit cards as payment.  You could do this with a cash advance or balance transfer, but Cash advances and balance transfers usually have fees associated with them, negating any reward you might earn. Your card might have a no-fee balance transfer promotion going, but Cash advances and balance transfers generally aren't eligible for rewards."}
{"_id": "133805", "title": "", "text": "That's like saying a nuclear bomb isn't so bad because a campfire also could be dangerous. The scales are completely different. Your example might slightly affect an industry in a certain market. Amazon will shake the foundations of one of the largest industries on an international level.  I'm not saying it's bad, I'm saying your use of an anecdote is. It rational."}
{"_id": "133811", "title": "", "text": "\"I don't disagree with you. I was merely trying to assert that the channels you mentioned deserve the credit for their content, and that in a lot of ways those shows aren't what people typically have described as \"\"tv\"\" shows. When I think of \"\"tv\"\" I tend to think of network content, because historically speaking they were the ones with the most prominence, and they still have the most sway over the direction of the medium today. A power they have used to seemingly decay said medium with increasingly thoughtless programming.\""}
{"_id": "133825", "title": "", "text": "Is there any precedent for companies trading on their own insider information for the benefit of stockholders?  Said another way, if a company were to enter a new market where they were very confident of their ability to steamroll a public competitor, could they use a wholly-owned special-purpose investment vehicle to short that competitor in order to juice the benefit of that move?"}
{"_id": "133833", "title": "", "text": "\"In absence of complete information, I can only speculate that your phrases We both endorsed the cheque,  and especially since the name on the cheque doesn't seem to be the name of the person I spoke with. mean that the check was payable to Jane Doe but was endorsed by  someone you know as Wade Roe using language such as \"\"Pay to the  order of user6344\"\" and then you endorsed it as something like  \"\"For deposit only to Acct# 1234567890\"\" and gave it to the bank teller with a deposit slip for Acct# 1234567890. Presumably Wade Roe did not accompany you to the bank and the bank teller did not notice that the check was not endorsed to you by Jane Doe, or she did go with you to the bank but the teller did not check her ID when she endorsed the check.  In any case, you, as a customer of the bank, are definitely on the hook in the sense that you in effect guaranteed the validity of Wade Roe's endorsement of the check payable to Jane Doe. You presented the check to the bank as a legitimate check that you were legitimately entitled to deposit in your account.  In effect, if fraud was committed, you committed the fraud by depositing a bum check.  As all the other answers have said, you need to go down to the bank and talk to a bank officer, preferably the manager, right  away.  Don't go to a teller (even though in many banks, the tellers have job titles like assistant vice-president.\""}
{"_id": "133879", "title": "", "text": "\"Benchmark et al are pissed about this now because it has derailed their plans for an IPO this year. Not because they give a shit about the \"\"culture problems\"\" at the company. To the contrary - they invested in part *because* Kalanick had a reputation as being aggressive and having sharp elbows when it came to expanding into new markets and driving organic growth\""}
{"_id": "133904", "title": "", "text": "Actually that's not true, though I understand what you were trying to say. Uber handles insurance and regulation paperwork, and provides loans to drivers so they can buy cars. But a can company most usually owns the cars and hires the drivers and mandates their schedule, whereas Uber connects individuals with cars to people who want rides, without owning the vehicle or managing when or where the drivers must work. The primary difference being that drivers get more of the money than with a traditional cab company and control their schedule."}
{"_id": "133908", "title": "", "text": "Hahaha, I appreciate the comparison, but that's bullshit. Socialists are putting their own paranoid theories out there, you have no obligation to seek them out and respond to them. Truthers on the other hand are offering reasoned critique of your ideas. You can dismiss their arguments out of hand, but understand that it makes you look like an intellectual coward. Cock-surety may fool weaker opponents, but even then, only in the service of your own ego."}
{"_id": "133911", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.nationalreview.com/article/452069/state-local-tax-deductions-federal-taxes-trump-tax-reform-state-income-tax-real-estate-tax-california) reduced by 90%. (I'm a bot) ***** &gt; The plan would eliminate the deductibility of state and local income taxes for federal tax purposes.  &gt; Like the mortgage-interest deduction, which the Trump plan unfortunately keeps, the deduction for state and local taxes was intended to be a benefit to the middle class, i.e., the salt-of-the-earth voters who simultaneously are strongly in favor of an active welfare state and strongly disinclined to pay for it.  &gt; Offsetting state income taxes encourages states to jack up their levies: Because some costs are passed on to the federal treasury, Sacramento can get $1 in state income-tax revenue at a real cost to California taxpayers of less than $1. That&amp;#039;s back-door tax-code welfare for big-spending Democrats.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73pca8/a_conservative_tax_hike/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220318 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **taxes**^#2 **federal**^#3 **tax**^#4 **income**^#5\""}
{"_id": "133919", "title": "", "text": "In case you didn't see over the past few years, especially in banks, falling stock prices often lead to ratings downgrades. The logic is that a bank who's stock price is low, or falling, is suffering from a decrease in their ability to tap the equity markets in times of need.  With less ability to tap the equity markets in times of need, this means it is less likely the bank can raise funds to pay off debt, and thus, makes their debt more risky.   It's unfair for me to imply a 100% causal relationship here, because that's not the case, but each of the markets interact with each other in some way. You will at least notice that, whether leading or trailing, companies that have a decreasing stock price also often have a decreasing credit rating.  You'll also notice that stocks which slip under $5 often times get put on credit watch.   The logic could go any which way around the circle, but a company that cuts its dividend may lose some investors who were in it for the dividend. This can cause stock price to fall. Credit agencies, depending on the situation, may approve of companies that cut their dividend (more cash to pay off debt), or, may indicate the dividend cut is not enough to make up for the company's falling profits.   In the absence of full information, a cut in the dividend is often seen as a sign of weakness or a sign of tough times for the company in the future. Companies which have changes in dividend are looked at as less stable, more unpredictable, blah blah blah.   Again, I'm not implying a 100% causal relationship here, but, each of these markets work with each other somehow, and a bank which cuts its dividend may be expecting lower profitability, slower growth, need the funds to cover lawsuit payouts or settlements with insert-regulatory-agency, or any number of other situations."}
{"_id": "133923", "title": "", "text": "\"I fail to see how electing a democratic senate as a punitive measure does any justice. I hate whataboutism but it needs to be pointed out that both Wall Street and big  business were lobbying largely for Clinton for presumably the same \"\"wealth sycophantism/worship.\"\"   If you think this is a new phenomenom then perhaps you aren't looking much beyond the past 6 months.\""}
{"_id": "133932", "title": "", "text": "And I was being facetious, apologies.   I think your assertion that the  &gt; entire crux of the story was that credit ratings agencies weren't transparent  is a massive simplification of what happened. There are many great analyses of the crisis, and most of them come to the conclusion that 'it was a perfect storm' of different factors.  I gather you think the problem was regulatory, I think the problem is systemic.   To me it doesn't matter how the regulations are written what matters are the incentives. I see no evidence that the regulatory agencies in the US can effectively police, let alone effectively deter financial institutions from skirting the laws. In fact I think wall street runs on such a haystack of grey-area regulations that without wholesale, root and branch reform (e.g. antitrust laws similar to Standard Oil to be used on the big banks) there's no hope that any patchwork of regulations, well-intentioned as they may be, from making a difference.   CDOs are a great example of what to avoid."}
{"_id": "133934", "title": "", "text": "\"I'm a 35 year old man with an MSc Eng, I'd wager I've taken more statistics classes than you.  &gt;Ah, yet another true believer in the modern medicine religion, who says \"\"how dare your question one of the priests\"\".  Do you even realize how much of an extremist, stupid thing this is to say, you straw-man bearing retard?\""}
{"_id": "133935", "title": "", "text": "\"I have money to invest. Where should I put it? Anyone who answers with \"\"Give it to me, I'll invest it for you, don't worry.\"\" needs to be avoided. If your financial advisor gives you this line or equivalent, fire him/her and find another. Before you think about where you should put your money, learn about investing. Take courses, read books, consume blogs and videos on investing in stocks, businesses, real estate, and precious metals. Learn what the risks and rewards are for each, and make an informed decision based on what you learned. Find differing opinions on each type of investment and come to your own conclusions for each. I for example, do not understand stocks, and so do not seriously work the stock market.  Mutual funds make money for the folks selling them whether or not the price goes up or down. You assume all the risk while the mutual fund advisor gets the reward. If you find a mutual fund advisor who cannot recommend the purchase of a product he doesn't sell, he's not an advisor, he's a salesman. Investing in business requires you either to intimately understand businesses and how to fund them, or to hire someone who can make an objective evaluation for you. Again this requires training. I have no such training, and avoid investing in businesses. Investing in real estate also requires you to know what to look for in a property that produces cash flow or capital gains. I took a course, read some books, gained experience and have a knowledgeable team at my disposal so my wins are greater than my losses. Do not be fooled by people telling you that higher risk means higher reward. Risks that you understand and have a detailed plan to mitigate are not risks. It is possible to have higher reward without increasing risk. Again, do your own research. The richest people in the world do not own mutual funds or IRAs or RRSPs or TFSAs, they do their own research and invest in the things I mentioned above.\""}
{"_id": "133938", "title": "", "text": "\"A lot of credit card companies these days uses what they call \"\"daily interest\"\" where they charge the interest rate for the number of days till you pay off what you spent. This allows them to make more money than the \"\"period billing\"\".  The idea of credit, theoretically, is that there isn't really a day when you can borrow without paying interest - in theory\""}
{"_id": "133942", "title": "", "text": "I suspect that part of the problem with responding to surveys is that marketers realized they could use surveys as advertising.  The last survey I actually responded to was over 5 years ago and was an ad for Geiko.  I realized half way when they started asking me detailed questions about my memory of Geiko's commercials over and I then refused to give the satisfaction of saying Geiko."}
{"_id": "133943", "title": "", "text": "\"You're missing a very important thing: YEAR END values in (U.S.) $ millions unless otherwise noted So 7098 is not $7,098.  That would be a rather silly amount for Coca Cola to earn in a year don't you think?  I mean, some companies might happen upon random small income amounts, but it seems pretty reasonable to assume they'll earn (or lose) millions or billions, not thousands. This is a normal thing to do on reports like this; it's wasteful to calculate to so many significant digits, so they divide everything by 1000 or 1000000 and report at that level.  You need to look on the report (usually up top left, but it can vary) to see what factor they're dividing by. Coca Cola's earnings per share are $1.60 for FY 2014, which is 7,098/4450 (use the whole year numbers, not the quarter 4 numbers; and here they're both in millions, so they divide out evenly).   You also need to understand that \"\"Dividend on preferred stock\"\" is not the regular dividend; I don't see it explicitly called out on the page you reference.  They may not have preferred stock and/or may not pay dividends on it in excess of common stock (or at all).\""}
{"_id": "133966", "title": "", "text": "If one of the EURO countries goes bankrupt, then it will destablise the entire financial industry. IE there would be many financial institutions [Banks, Credit Union, Pension Funds, Insurance Funds, Corporates] that are holding EURO Investments in that country will loose their money and this will have a cascading impact ... similar and much bigger than US Sub-prime crisis of 2008. So if your money is in EURO and you are staying in EURO countires, the inflation will mean your money is of less value ... If you are holding USD and staying in EURO and country goes bankrupt then chances are that it will loose value with USD and hence you can convert them to EURO and spend more EUROs to buy the same items ..."}
{"_id": "133982", "title": "", "text": "I respectfully disagree with Eric.  If you invest from day one in a Roth, where, exactly will taxable income come from to put you in a higher bracket at retirement? I agree, maybe for other reasons than you list, that early on, post-tax is the way to go, because I'll assume that one starts work in a lower bracket. There's probably a majority who start work in the 15% bracket, but over time work their way to 25%. As they grow to 25%, using the pretax 401(k) and IRA can keep them at 15% for some number of years. In any year of low income, for whatever reason, they can convert the pretax money to Roth to top off the 15% bracket.  To bring the point home, if you went post tax the whole way, imagine retiring with $2M in the Roth, but no pretax money. You now have a standard deduction, exemption, and the full 10% bracket each and every year gone to waste. Money you paid 25% tax when you could be paying zero on some of it. The deduction and exemption add to $9750 in 2012, and the 10% rate applies to the first $8700 of taxable income. If you do the math, this is $17,500, and if you plan a 4% withdrawal rate, you'd need 437,500 pretax money to give you the 17500 each year. Last, all three factors (standard deduction, exemption, and bracket limits) all rise a bit each year. An increase of $200 is another $5000 to save pretax.  Edit - 2013 brought the ability to convert within one's 401(k) from the traditional pretax side to the Roth side. This makes possible turning 100% of one's 401(k) money to Roth, and retiring without the benefite of the standard deduction, exemptions, etc."}
{"_id": "133986", "title": "", "text": "\"If you and your family have decided to stay in the home while the project is \"\"on\"\", the first thing that you should arrange is the privacy.However, if you have decided to relocate to some other house for this renovation process, it is important that you pay attention towards the security aspect of your home.\""}
{"_id": "133997", "title": "", "text": "The Khan Academy has a huge series on finance (Sal Khan used to work at a hedge fund before he started his magnum opus): http://www.khanacademy.org/#core-finance  Some are pretty basic stuff, but he does have some interesting commentary and snippets of more interesting topics. They're all very low-commitment and bite-sized."}
{"_id": "134005", "title": "", "text": "\"Vanguard released an analysis paper in 2013 titled \"\"Dollar-cost averaging just means taking risk later.\"\"  This paper explores the performance difference(s) between a dollar-cost averaging strategy and a lump sum strategy when you already possess the funds. This paper is an excellent read but the conclusion from the executive summary is: We conclude that if an investor expects such trends to continue, is   satisfied with his or her target asset allocation, and is comfortable with   the risk/return characteristics of each strategy, the prudent action is investing the lump sum immediately to gain exposure to the markets   as soon as possible. The caveat to the conclusion is weighing your emotions.  If you are primarily concerned with minimizing the possibility of a loss then you should use a dollar cost averaging strategy with the understanding that, on a purely mathematical basis, the dollar cost averaging strategy is likely to under-perform a lump sum investment of the funds. The paper explores a 10 year holding period with either: The analysis includes various portfolio blends and is backtested against the United States, United Kingdom and Australian markets. Based on this, as far as I'm concerned, the rule of thumb is invest the lump sum if you're going to invest at all.\""}
{"_id": "134011", "title": "", "text": "In the US, expense ratios are stated in the Prospectus of the fund, which you must acknowledge as having read before the fund will accept your money to invest. You never acknowledged any such thing? Actually you did when you checked the box saying that you accept the Terms of the Agreement when you made the investment. The expense ratio can be changed by vote of the Board of Directors of the fund but the change must be included in the revised Prospectus of the fund, and current investors must be informed of the change. This can be a direct mailing (or e-mailing) from the mutual fund or an invitation to read the new Prospectus on the fund's website for those who have elected to go paperless.  So, yes, the expense ratio can be changed (though not by the manager of the fund, e.g. just because he/she wants a bigger salary or a fancier company car, as you think), and not without notice to investors."}
{"_id": "134026", "title": "", "text": "Looking at the numbers quickly,  if he makes this amount for the entire year, single, no kids, no investment income, standard deduction only, his taxable income will be about $110,000.*  That puts him in the 28% tax bracket.  His federal tax would be:  $18,481.25 plus 28% of the amount over $90,750 Which comes out to about $23,800 in tax liability.  His federal withholding is $26,047 for the year, so with absolutely no deductions whatsoever, he will be getting a tax refund of about $2200. I'm not very familiar with the California tax return, but it is entirely possible that he would get a decent sized refund from the state as well.  This means that his tax refund could be about the size of an extra paycheck.  He may want to consider increasing his allowances, which would make his paychecks bigger and his tax refund smaller. That having been said, taxes are high, no doubt about it.  Remember that when you are in the voting booth.  :) * Here is how I got the taxable income number for the year:"}
{"_id": "134029", "title": "", "text": "\"In Germany most terror attacks are made by right-wing guys who want to save Germany from the muslim terrorists (ironic isnt it) and most physical attacks also come from this group. So the problems comes fron people saying things like you did: Muslims are terrorists. Taking a group as a whole and given them an attribute. If you say americans are fat idiots you say all of them (allthough i did not explicitly say ALL OF THEM) This is not helping fighting obesity, it is just pure hatespeech. You still want to pass of hate as criticism.... that is just not the same. And heres a link to the sweden Problem: http://www.government.se/articles/2017/02/facts-about-migration-and-crime-in-sweden/   Do yourself a favor check your information sources because there is a \"\"fake news\"\" (i hate this expression :-) ) source in it. Sweden is a common target of right-wing manipulators which often spread simple untruths... and i hate to say it but they got in your head. You don't seem like a lost cause though, that is why im still talking to you. So please try to be more open and stay critical about information ESPECIALLY if it seems to  confirm common prejudices. Your Right about the nazis though. Ignoring isn't helping. Sadly I have other fights to fight and therefore rely on the society to go ahead with a good example and if they are out of line (hatespeech). Heres a link to what xenophobia and hatespeech in Germany led: https://www.google.de/amp/s/amp.theguardian.com/world/2016/may/23/germany-rightwing-violence-surges-asylum-seekers So you can see.... hatespeech is a huge Problem which does a lot of physical damage.\""}
{"_id": "134037", "title": "", "text": "\"I know your \"\"pain\"\".  But don't worry about investing the money right now -- leave it uninvested in the short term.  You have other stuff you need to school up on.  Investment will come, and it's not that hard.  In the short term, focus on taxes.  Do some \"\"mock\"\" run-throughs of your expected end-of-year taxes (use last year's forms if this year's aren't available yet).  Must you pay estimated tax periodically throughout the year?  The tax authorities charge hefty penalties for \"\"forgetting\"\" to do it or \"\"not knowing you have to\"\".  Keep an eye out for any other government gotchas.   Do not overlook this!  This is the best investment you could possibly make.  Max out your government sanctioned retirement funds - in the US we have employer plans like 401K or Keogh, and personal plans like the IRA.  This is fairly straightforward.  Avoid any \"\"products\"\" the financial advisors want to sell you, like annuities.  Also if you have the Roth type IRA, learn the difference between that and a normal one.  There are some tricks you can do if you expect to have an \"\"off\"\" year in the future.  Charitable giving is worth considering at high income levels.  Do not donate directly to charities.  Instead, use a Donor Advised Fund.  It is a charity of its own, which accepts your tax deductible donation, and holds it.  You take the tax deduction that year.  Then later, when the spirit moves, tell your DAF to donate to the charity of your choice.   This eliminates most of the headaches associated with giving.  You don't get on the soft-hearted sucker lists, because you tell the DAF not to disclose your address, phone or email.  You don't need the charity's acknowledgement letter for your taxes, since your donation was actually to the DAF. It shuts down scams and non-charities, since the DAF confirms their nonprofit status and sends the check to their official address only. (This also bypasses those evil for-profit \"\"fundraising companies\"\".) It's a lot simpler than they want you to know.  So-called \"\"financial advisors\"\" are actually salesmen working on commission.  They urge you to invest, because that's what they sell.  They sell financial products you can't understand because they are intentionally unduly complex, specifically to confuse you.  They are trying to psych you into believing all investments are too complex to understand, so you'll give up and \"\"just trust them\"\".  Simple investments exist.  They actually perform better since they aren't burdened down with overhead and internal complexity.  Follow this rule: If you don't understand a financial product, don't buy it.   But seriously, do commit and take the time to learn investment.  You are the best friend your money will have - or its worst enemy.  The only way to protect your money from inflation or financial salesmen is to understand investment yourself. You can have a successful understanding of how to invest from 1 or 2 books. (Certainly not everything; those ingenious salesmen keep making the financial world more complicated, but you don't need any of that junk.)   For instance how do you allocate domestic stocks, foreign stocks, bonds, etc. in an IRA if you're under 40?  Well... how do smaller universities invest their endowments? They all want the same thing you do.  If you look into it, you'll find they all invest about the same.  And that's quite similar to the asset mix Suze Orman recommends for young people's IRAs.  See? Not that complicated.  Then take the time to learn why. It isn't stupid easy, but it is learnable.   For someone in your tier of income, I recommend Suze Orman's books.  I know that some people don't like her, but that segues into a big problem you'll run into:  People have very strong feelings about money.  Intense, irrational emotions.  People get it from their parents or they get sucked into the \"\"trust trap\"\" I mentioned with so-called financial advisors.  They bet their whole savings on whatever they're doing, and their ego is very involved.  When they push you toward their salesman or his variable annuity, they want you to agree they invested well.  So you kinda have to keep your head low, not listen too much to friends/family, and do your research for yourself.  John Bogle's book on mutual funds is a must-read for picking mutual funds and allocating assets.  Certain financial advisors are OK.  They are \"\"fee only\"\" advisors.  They deal with all their customers on a fee-only basis, and are not connected to a company which sells financial products.  They will be happy for you to keep your money in your account at your discount brokerage, and do your own trading on asset types (not brands) they recommend.  They don't need your password.  Here's what not to do: A good friend strongly recommended his financial advisor.  In the interview, I said I wanted a fee-only advisor, and he agreed to charge me $2000 flat rate.  Later, I figured out he normally works on commissions, because he was selling me the exact same products he'd sell to a commission (free advice) customer, and they were terrible products of course.  I fired him fast.\""}
{"_id": "134047", "title": "", "text": "\"First of all congrats... very nice work indeed..  Secondly, i do not offer this as legal advise.. lol.. anyhow.. you need to make sure to hang on to as much as possible, being a single earner, our Uncle (Sam) is going to want what's due... That being said, you should probably look into investments, for starters, purchase a primary residence or start a business, or purchase a primary residence and use that as a business residence (both).. what you basically want are write-offs.. you need to bring your \"\"taxable\"\" income as low as possible so you pay minimal taxes.. in your case, you're in danger of paying a hefty sum in taxes... i'm sure you can shield yourself with various business expenses (a car, workplace, computers, etc.. ) that you could benefit from, both professionally and individually.. and then seriously bro... making 250k leads me to believe you've got at least more than half a brain, and that you're using more than half of that.. so dude.. get an accountant... and one you can trust.. ask your parents, colleagues, people you've worked with in the past.. etc.. there are professionals who are equally as talented in helping you keep your money as you are in making it.. -OR- you could get married, make sure your wife stays at home and start popping out kids asap... those keep my taxable (and excess) income pretty low.. LOL!!! I'm going to add to this... as a contractor, i've generally put any \"\"estimated\"\" taxes into some kind of interest accruing account so i can at least make a little money before i have to give it away.. in your case, i'd say put away at least 2/3's into some kind of interest earning account.. start by talking to your personal banker wherever your money is.. you'll be surprised at how nice they treat you... you ARE going to have to pay taxes.. so until you do, try to make a little money while it sits..  again, nice problem to have!\""}
{"_id": "134053", "title": "", "text": "Wal-Mart will be offering mobile returns. The mobile app will allow the customer to start the return process from their phone, and complete it by dropping the item off.  Nothing revolutionary, just ever so slightly more convenient. Also, clickbait title. Article was posted by a bot for ad revenue."}
{"_id": "134055", "title": "", "text": "That's not the problem here. The problem here is that monetarists and Keynesians don't differentiate between what you actually invest in.   Their equations literally state that a bridge to relieve congestion in New York will produce the same growth as the Bridge to Nowhere.  Unbelievable bullshit when put in the correct terms."}
{"_id": "134063", "title": "", "text": "Plus you already have money in a 529 plan that is meant for college expenses (and cannot be used to pay student loans) - use that money for what it's for. I disagree with @DStanley, as a current college student I would say to take out loans. Most of the time I am against loans though.  So WHY? There are very few times you will receive loans at 0% interest (for 4+ years). You have money saved currently, but you do not know what the future entails. If you expend all of your money on tuition and your car breaks down, what do you do? You can not used student loans to pay for your broken car.Student loans, as long as they are subsidized, serve as a wonderful risk buffer. You can pay off your loans with summer internships and retain the initial cash you had for additional activities that make college enjoyable, i.e - Fraternity/ Sorority, clubs, dinners, and social nights. Another benefit to taking these loans would assist in building credit, with an additional caveat being to get a credit card. In general, debt/loans/credit cards are non-beneficial. But, you have to establish debt to allow others to know that you can repay. Establishing this credit rating earlier than later is critical to cheaper interest rates on (say) a mortgage.  You have made it through, you have watched your expenses, and you can pay your debt. Finish It. If you do it right, you will not have loans when you graduate, you will have a stunning credit rating, and you will have enjoyed college to its fullest potential (remember, you only really go through it once.) But this is contingent on:  Good luck,  EDIT: I did not realize the implication of this penalty which made me edit the line above to include: (to the extent you can per year) For now, student loan repayment isn't considered a qualified educational expense. This means that if you withdraw from a 529 to pay your debts, you may be subject to income taxes and penalties.Source Furthermore,  Currently, taxpayers who use 529 plan money for anything other than qualified education expenses are subject to a 10% federal tax penalty. Source My advice with this new knowledge, save your 529 if you plan on continuing higher education at a more prestigious school. If you do not, use it later in your undergraduate years."}
{"_id": "134081", "title": "", "text": "You're missing the point. Moral agency is still a factor in everything above. When the state imposes taxes on you directly and indirectly you rob the individual of making the choice to be charitable.   Think of it in terms of contract law. You cannot enforce a contract that was agreed to under threat of violence. Similarly, no Christian will ever say you're going to heaven because you were forced to act according to scripture in every detail at the point of a gun.   Therefore you cannot call a Christian a hypocrite for not supporting every government boondoggle simply because it is labeled charitable. Nevermind the fact that it a is highly questioanble Obamacare will ever fulfill any of its promises and that alone should be grounds for its repeal."}
{"_id": "134100", "title": "", "text": "I have no idea on that part. She only told me about this like a week ago. Besides my own research and documentation she has provided, I've not seen that. It's as easy as asking for it tho"}
{"_id": "134107", "title": "", "text": "\"US is the major oil consumer, and produces only about half as much - so the lower the prices, the better for it.   As for the oil industry in the US - it will never fail since government just prints more money to prop it up regardless of its real economic effectiveness: it needs it to defang OPEC from being able to pull off another 1974 Oil Embargo. Hell, Gore even invented the \"\"global warming\"\" just for that purpose!\""}
{"_id": "134109", "title": "", "text": "\"401(k) doesn't have a \"\"return rate\"\", because 401(k) is not a type of investment -- it is a vehicle for investment, with certain tax treatments. Just like your money that's not in a 401(k), you can invest it in either the bank, a CD, stocks, mutual funds, bonds, etc., you can similarly (depending on the options given to you by your 401(k) plan) invest the money in the 401(k) in a cash account, buy stocks, mutual funds, etc. Your return is dependent on how you invest your money, not whether it's in a 401(k) or not. Whether it's in a (Roth or Traditional) 401(k) simply affects when and how it gets taxed. (It is true that most 401(k) plans offer little variety in types of investments you can choose; however, this is not a big deal, as chances are that in a few years, you will leave your company, at which point you are able to rollover the 401(k) into an IRA, at which point you will have many, many options for how to invest it.) To make a valid comparison, you should be comparing the same type of investment in both cases. That means, you should assume the same return for both the money outside the 401(k), and the money inside the 401(k), and only consider the taxes and penalties (if you plan to withdraw early).\""}
{"_id": "134110", "title": "", "text": "So, the price-earnings ratio is price over earnings, easy enough. But obviously earnings are not static. In the case of a growing company, the earnings will be higher in the future. There will be extra earnings, above and beyond what the stock has right now. You should consider the future earnings in your estimate of what the company is worth now. One snag: Those extra earnings are future money. Future-money is an interesting thing, it's actually worth less than present-money- because of things like inflation, but also opportunity cost.  So if you bought $100 in money that you'll have 20 years from now, you'd expect to pay less than $100. (The US government can sell you that money. It's called a Series EE Savings Bond and it would cost you $50. I think. Don't quote me on that, though, ask the Treasury.) So you can't compare future money with present-money directly, and you can't just add those dollars to the earnings . You need to compute a discount. That's what discounted cash-flow analysis is about: figuring out the future cash flow, and then discounting the future figuring out what it's worth now. The actual way you use the discount rate in your formula is a little scarier than simple division, though, because it involves discounting each year's earnings (in this case, someone has asserted a discount of 11% a year, and five years of earnings growth of 10%). Wikipedia gives us the formula for the value of the future cash flow:  essentially adding all the future cash flows together, and then discounting them by a (compounded) rate. Please forgive me for not filling this formula out; I'm here for theory, not math. :)"}
{"_id": "134118", "title": "", "text": "Per-diem is not taxable, if all the conditions are met. Conditions include: You can find this and more in this IRS FAQ document re the per-diem."}
{"_id": "134159", "title": "", "text": "Car Repair 2013 San Jose In this era of mechanization and introduction of machine driven technologies, the world is evolving as we speak. Machine learning and smart components have made it rather easier for us to be one with our gadgets and gizmos. Cars, on the other hand, are going through massive updates."}
{"_id": "134174", "title": "", "text": "I remember eating at Applebees and thinking it was ridiculous that the tip for my lunch was half my hourly wage working as a retail manager.  And it's not like that server only had 2 people eating lunch.  The place was packed, they probably had 20 customers per server."}
{"_id": "134177", "title": "", "text": "We're talking about low paying jobs.. and if there's more applicants than jobs than why are staffing companies HUGE right now?  Across the entire  country. Because can't fill the jobs like they want.  There's absolutely a ton of demand for low paying workers all around. Places can't keep or find people even to stay for a month.  Anyone that's ever applied knows these places also end up having tons of overtime because they don't have enough help.  The only solution is to throw more people at those jobs.  Your responding too fast. I did an edit I'm on my phone and alot of typos sorry. Your idea is to take all three of illegals , felons and potheads out of jobs yet somehow still filll these jobs that staffing companies have been trying to fill."}
{"_id": "134187", "title": "", "text": "Take The 20k and transfer it to the new employer 401k. You then can take a loan and accomplish the same thing. By the time you pay the tax and 10% penalty, that withdrawal will be worth just over half. The same half you can borrow out, pay yourself the interest and not lose out on 50 years of growth."}
{"_id": "134210", "title": "", "text": "You guys have real potential to market yourself very well.  First off, your truck is a giant moving billboard so vinyl wrap your truck with the company name, phone number, and other factoids about the business.  Every time you drive, you advertise.  This might be out of your league, but viral videos always help.  I don't know how good you are at video work, but if you can make something short/simple/stupid/weird enough to gain traction on youtube, you can get your name out there even more.  However, I'd put my current focus in vinyl."}
{"_id": "134213", "title": "", "text": "I'm not sure what point you think I was making. It looks like you think I'm supporting the idea that QE causes inflation, which it doesn't. At least not when it is being used as it has been. What it does seem to have done is depress interest rates and create a speculative market that doesn't match up with economic reality. It has also created a ridiculous profit loop for investment banks selling bonds to the Fed.  You can't talk about QE without mentioning that banks are now incentivized to hold onto reserves because they can collect interest. So the banks screwed up, were heavily subsidized under the pretense of it being best for the taxpayer, and were then rewarded for sitting on all of that money.   If I support any viewpoint it is this. The government agreed to give the banks a thin veneer of solvency by granting them enormous sums in a short period. Obviously if that much currency went straight into the market it would be a disaster, so it put a mechanism in place to reward them for holding onto it. All QE did was massively increase the debt burden of the government, which will be passed on to taxpayers in the form of taxes, fines, fewer benefits, worsening infrastructure, and more restrictions. QE may have not caused inflation, but it certainly didn't help the vast majority of Americans who will simply see their standard of living decline at a quicker pace. I'm sure this will get blamed on immigrants or something instead of the reality that our government is tacitly rewarding banks for not lending to individuals. Why would they? An individual might not pay them back, but the government always will by simply extracting more out of those very individuals."}
{"_id": "134224", "title": "", "text": "I believe the Bureau of Labor Statistics has published some numbers in this area... I cannot find them at the moment though. I think you need to take these numbers with a grain of salt, though, because they cannot account for productivity and automation improvements that are being aggressively implemented. Companies aren't just bloodletting -- they are refactoring business processes and automating thousands of jobs away."}
{"_id": "134227", "title": "", "text": "\"&gt; I guess you could do this by subsidizing research on green energy  You might have a look at what DARPA has been doing.  See also USN and USMC initiatives.  &gt; I don't see any better solution  The \"\"tax the hell out of it and hope no one notices\"\" approach doesn't seem like it works so long as people vote.  I'd suggest eliminating democracy would be an... ahem... undesirable side effect.  Alternatively you could try to persuade the public that paying more for energy is in their interest, but good luck with that.\""}
{"_id": "134235", "title": "", "text": "There is another aspect too for the high prices of GOLD. After the current economical crisis people are no more investing in property and a big chunk of investment has been diverted to GOLD."}
{"_id": "134239", "title": "", "text": "\"The basic idea is that money's worth is dependent on what it can be used to buy. The principal driver of monetary exchange (using one type of currency to \"\"buy\"\" another) is that usually, transactions for goods or services in a particular country must be made using that country's official currency. So, if the U.S. has something very valuable (let's say iPhones) that people in other countries want to buy, they have to buy dollars and then use those dollars to buy the consumer electronics from sellers in the U.S. Each country has a \"\"basket\"\" of things they produce that another country will want, and a \"\"shopping list\"\" of things of value they want from that other country. The net difference in value between the basket and shopping list determines the relative demand for one currency over another; the dollar might gain value relative to the Euro (and thus a Euro will buy fewer dollars) because Europeans want iPhones more than Americans want BMWs, or conversely the Euro can gain strength against the dollar because Americans want BMWs more than Europeans want iPhones. The fact that iPhones are actually made in China kind of plays into it, kind of not; Apple pays the Chinese in Yuan to make them, then receives dollars from international buyers and ships the iPhones to them, making both the Yuan and the dollar more valuable than the Euro or other currencies. The total amount of a currency in circulation can also affect relative prices. Right now the American Fed is pumping billions of dollars a day into the U.S. economy. This means there's a lot of dollars floating around, so they're easy to get and thus demand for them decreases. It's more complex than that (for instance, the dollar is also used as the international standard for trade in oil; you want oil, you pay for it in dollars, increasing demand for dollars even when the United States doesn't actually put any oil on the market to sell), but basically think of different currencies as having value in and of themselves, and that value is affected by how much the market wants that currency.\""}
{"_id": "134257", "title": "", "text": "&gt; Yelp told Desloges the good reviews were taken off her main page by an electronic system that uses an algorithm to sort reviews. She was told that's not because the reviews weren't genuine, but most likely because her customers aren't regular Yelp users.  uh, that's how yelp works and it makes complete sense to me.  she's just whining because she wasn't able to game the system the way she wanted to."}
{"_id": "134270", "title": "", "text": "If you are particularly interested in the share certificate artifacts themselves, there is a collection hobby in paper share certificates and bonds, called scripophily.  This can include both active share certificates (for instance, think about giving your kid or grandkid a frameable paper share of Hasbro, Disney or McDonalds?), inactive certificates from famous bankruptcies or famous companies of the past, or just the visual interest in scrollwork and engraved vignettes."}
{"_id": "134275", "title": "", "text": "SECTION | CONTENT :--|:-- Title | NEW \u041c\u0430\u0439\u043d\u0438\u043d\u0433 FLEEX!\u0411\u043e\u043d\u0443\u0441 100 \u0413\u0425\u0421 \u043f\u0440\u0438 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u0438!\u0420\u0435\u0433\u0438\u0441\u0442\u0440\u0438\u0440\u0443\u0439\u0441\u044f \u0438 \u0441\u043e\u0431\u0438\u0440\u0430\u0439 \u0441\u0430\u0442\u043e\u0448\u0438 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u043d\u0430 \u0430\u0432\u0442\u043e\u043c\u0430\u0442\u0435! Description | \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445: | Fleex: https://goo.gl/D3M9eO =========================================== \u00a6 \u0411\u0438\u043d\u0430\u0440\u043d\u044b\u0435 \u043e\u043f\u0446\u0438\u043e\u043d\u044b \u041e\u043b\u0438\u043c\u043f \u0422\u0440\u0435\u0439\u0434 https://goo.gl/DKryBH ====== \u0412\u0441\u0442\u0443\u043f\u0430\u0439\u0442\u0435 \u0432 \u041c\u043e\u044e \u043a\u043e\u043c\u0430\u043d\u0434\u0443! =============== \u00a6? \u041c\u043e\u044f \u0433\u0440\u0443\u043f\u043f\u0430 https://vk.com/criptovaluta2016 ====== \u041a\u0430\u043a \u0441\u0432\u044f\u0437\u0430\u0442\u044c\u0441\u044f \u0441\u043e \u043c\u043d\u043e\u0439 =============== \u00a6? \u042f \u0432 VK \u21161: https://vk.com/a.alex81 \u00a6? \u042f \u0432 \u041e\u0434\u043d\u043e\u043a\u043b\u0430\u0441\u0441\u043d\u0438\u043a\u0430\u0445: https://ok.ru/alex6373 \u00a6? \u042f \u0432 Facebook: https://www.facebook.com/Alex6373 \u00a6? \u041c\u043e\u0439 Skype: samara77221 ( \u0434\u043e\u0431\u0430\u0432\u043b\u044f\u0439\u0442\u0435\u0441\u044c \u0441 \u043f\u043e\u043c\u0435\u0442\u043a\u043e\u0439 \u043e\u0442 \u043a\u0430\u043d\u0430\u043b\u0430 ... Length | 0:02:58           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "134279", "title": "", "text": "Everyone thinks this is so Amazon can keep you from comparison shopping while in an Amazon brick and mortar, but has anyone considered the other reason most companies patent things? Maybe they're trying to protect that so other companies, like best buy, can't use tech like that. I'm pretty sure Amazon benefits more from people looking stuff up at every other store in the world than they would from blocking you in their own store."}
{"_id": "134300", "title": "", "text": "Let me throw in one more variable to consider. Company 401K plans typically have MUCH higher fees than you are likely to get if you shop around on your own as long as you don't go with a high dollar broker. You won't see these fees on your statements typically, which I think is criminal, but they are hidden in the prices of the funds you are buying in the 401K.  If you don't believe me, get the quotes for a fund from the 401K company's web-site then look up the same fund on a site like MSMoney. The share prices won't match and you will be angry until you come to terms with it. So if you have a choice of money in a personal retirement account versus a 401K always go with your own account... UNLESS:   or"}
{"_id": "134308", "title": "", "text": "As the substance spreads through the walls of your house, it releases spores. People and pets living in the house then breathe in the spores and are at risk of becoming sick. This sickness is particularly difficult to identify because the symptoms often look like other illnesses. Professional mould cleaning services can save you from moulds."}
{"_id": "134310", "title": "", "text": "You are correct, kids are entitled, they don't know what hardwork is like. All they want to do is open their hands and receive. I told my 16 year old cousin what would he do if I've given him 1000dollars. He said buy video games. I mean for an 11 year old I can accept that. But for a 16yr old going to be 18 soon? It's not even about blue collar or white collar jobs, is work is work in general. Bad parenting + entitlement = decrease financial &amp; social status. Also, for those who doesn't understand about health insurance. People only need health insurance hoping that they get sick. Insurance companies are not charities. They are here for profit. Why would insurance company sell insurance to sick people. I don't know why people down vote your logic when is pure reason."}
{"_id": "134312", "title": "", "text": "In a prior blog post titled \u201cLearn Why You Would Wholesale Property Using Double Escrows\u201c, we introduced using transactional funding when you plan on wholesaling property using a double escrow.  There are a variety of different sources that offer transactional funding for wholesalers.  You can find them by simply typing into a search engine such as Google, Bing, or Yahoo the keywords \u201ctransactional funding companies\u201d.  You will find hundreds of companies offering this service.  You will find that some are more relaible than others.  You will find that some are going to charge an upfront processing fee, some will charge a flat rate, some will charge a points.  It is a matter of doing some research and ask for referrals from other real estate investors at real estate investment clubs."}
{"_id": "134332", "title": "", "text": "I would not prepay a loan with a 3.79 rate, with just a tiny bit of inflation that's nearly free money. I would always seek to first max out a tax deferred savings program before making investments that are not receiving preferential tax treatment. (outside of emergency money, which you say is already dealt with)  Especially since you effectively get an immediate return on the investment = to your marginal tax rate.  (or to look at it another way, it takes a much smaller amount of money 'out of pocket' in order to make the investment) Every thousand you could put into a tax deferred account now, is generally equivalent to putting in several times that amount 20 years from now. OTOH Once you've maxed out the tax deferred savings, or if you need to set aside money for large purchase with a big time horizon that is short of retirement age, then making regular monthly investments in a no-load index fund with a quality company is a great way to go as you will be taking advantage of Dollar Cost Averaging, and a good deal of diversity, which is a great way to put money into the market.  Just make sure you are investing in a fairly broad index, such as the S&P500 and not a little dinky 30 stock index like the Dow."}
{"_id": "134343", "title": "", "text": "If so how to do it. Ask CIBC to open the new RRSP account, and ask CIBC to contact GWL to tell GWL to move your money from the GWL account into the CIBC account."}
{"_id": "134345", "title": "", "text": "\"Do not reinvent the wheel! Historical data about stock market returns and standard deviations suffer from number of issues such as past-filling and mostly survivorship bias -- that the current answers do not consider at all. I suggest to read the paper \"\"A Century of Global Stock Markets\"\" by Philippe Jorion (UC Irvine) and William Goetzmann (Yale), here. William Bernstein comments the results here, notice that rebalancing is sometimes a good option but not always, his non-obvious finding where the low SD did not favour from rebalancing:  Look at the final page of the paper,  \"\"geometric returns -- represent returns to a buy-and-hold strategy\"\" and the \"\"arithmetic averages -- give equal weight to each observation interval.\"\", where you can find your asked \"\"historical effect of Rebalancing on Return and Standard Deviation\"\". The paper nicely summarizes the results to this table:  The results in the table are from the interval 1921-1996, it is not that long-time but even longer term data has its own drawbacks. The starting year 1921 is interesting choice because it is around the times of social-economical changes and depressing moments, historical context can be realized from books such as Grapes Of Wrath (short summary here, although fiction to some extent, it has some resonance to the history). The authors have had to ignore some years because of different reasons such as political unrest and wars.  Instead of delving into marketed spam as suggested by one reply, I would look into this search here. Look at the number of references and the related papers to judge their value.  P.s. I encourage people to attack my open question here, hope we can solve it!\""}
{"_id": "134371", "title": "", "text": "Clutch bags are designed for holding in your hands, but some clutch purse is made with several  chains or straps for carrying on your shoulder support such as regular shoulder bag. A handbag is a bag without handles, carried as a party bag and sometimes, if the style permits, carried and used as a day bag. Many online sites give the offer at the time of the festival and they can afford to offer much steeper discounts than a traditional store."}
{"_id": "134382", "title": "", "text": "Because everyone is weighed down by student debt, that and people have been moving back to the city. I'd say there's also a lot of people that would rather spend their money on something else as well like travel and entertainment."}
{"_id": "134385", "title": "", "text": "\"You are presuming that after the transfer, the cash is still \"\"sitting in a Western Union register\"\" but no, that cash may have already been taken by the fraudster. To refund the victim, Western Union would have to (1) pay the victim back the amount of money lost, and then (2) pursue the fraudster to reclaim the lost funds. Because the fraudster at the other end can simply show ID to get the money [ie: they do not have an account with Western Union], the cost to pursue that person to reclaim the lost funds would be substantially higher than for your bank, because your bank can simply ding your account. In the event that your account goes into overdraft [because there were insufficient funds to reclaim the full amount], the bank at least has a framework in place to pursue you for penalties.\""}
{"_id": "134400", "title": "", "text": "\"I wouldn't call them favorable.  Edmunds report provides a very long repair list and in the last sentence concludes that Model S is \"\"hard to recommend\"\".  Consumer Reports provides a similar list of component failures, some of which likely caused significant inconvenience, even if they were covered by warranty; the review title says that Model S has \"\"more than its share of problems\"\".    Though both reviews emphasize the quality of Tesla service, they're a significant step down from glowing initial reviews of Model S.\""}
{"_id": "134403", "title": "", "text": "a pension is an annuity, and GM is making cuts to the pensions...if you read the article it clears up any confusion, and while the OP editorialized the headline...i dont really give a fuck.  headlines are meant to grab your attention, get you to read articles you otherwise may not.  the only people this seems to upset or affect are the morons who just read headlines and nothing else."}
{"_id": "134404", "title": "", "text": "If you are willing to visit Motor expo 2014 then fill the online registration form of visitors available on the website of Motor show Oman. If you are a first timer for this event then this is going to be a great experience for you and you will definitely like it."}
{"_id": "134415", "title": "", "text": "Well, that's great.  Still doesn't change the fact that it's a joke.  By design it's capped at around 21 million units, that's not a currency - someone is making money off of it, and not by the value going up, but by trading it.  Likely algorithms - if it's not you, you're the fool.  It's a joke, no one takes it seriously.  Truck drivers are buying the shit telling people it's the best thing in the world.  Sound familiar?  1929?  2007?"}
{"_id": "134418", "title": "", "text": "Don't all of the major bitcoin processors limit the risk to basically zero for the large multinationals that choose to accept bitcoin? I haven't been involved recently, but I know when bitpay and coinbase were starting, whatever bitcoin you received was automatically transferred to USD at the current rate, unless you opted out and chose to keep the bitcoin."}
{"_id": "134419", "title": "", "text": "\"I can't speak authoritatively to your broader question about stocks in general, but in several years tracking AAPL closely, I can tell you that there's little apparent pattern to when their earnings call will be, or when it will be announced. What little I do know:  - AAPL's calls tend to occur on a Tuesday more than any other day of the week  - it's announced roughly a month in advance, but has been announced w/ less notice  - it has a definite range of dates in which it occurs, typically somewhere in the 3rd week of the new quarter plus or minus a few days More broadly for #1: Given the underlying nature of what an option is, then yes, the day an earnings call date is announced could certainly influence the IV/price of options - but only for options that expire inside the \"\"grey area\"\" (~2 weeks long) window in which the call could potentially occur.  Options expiring outside that grey area should experience little to no price change in reaction to the announcement of the date - unless the date was itself surprising, e.g. an earlier date would increase the premium on earlier dated options, a later date would increase the premium for later-dated options. As for #2: The exact date will probably always be a mystery, but the main factors are:  - the historical pattern of earnings call dates (and announcements of those dates) which you can look up for any given company  - when the company's quarter ends  - potentially some influence in how long it takes the company to close out their books for the quarter (some types of businesses would be faster than others)  - any special considerations for this particular quarter that affect reporting ability And finally:   - a surprise of an earnings call occurring (substantively) later than usual is rarely going to be a good sign for the underlying security, and the expectation of catastrophe - while cratering the underlying - may also cause a disproportionate rise in IVs/prices due to fear\""}
{"_id": "134430", "title": "", "text": "When you are placing an order with an online broker you should already know what exchange or exchanges that stock trades on. For example if you look up under Yahoo Finance: Notice how News Corp is traded both on the ASX and the Nasdaq. The difference is the shares traded on the ASX have the extension .AX, that is how you know the difference between them. When you are putting orders in with your online broker you will need to select the exchange you wish your order to go to (if your broker allows trading on multiple exchanges). So you should always know which exchange your order goes to."}
{"_id": "134436", "title": "", "text": "\"you know what is even more strange?  I also stumbled upon the fact that book called  \"\"The Wreck of the Titan: Or, Futility (1912)\"\"  available in full text here:http://www.archive.org/details/wrecktitanorfut01robegoog  and discussed here:  http://en.wikipedia.org/wiki/Futility,_or_the_Wreck_of_the_Titan  is about  \"\"Futility, or the Wreck of the Titan is an 1898 novella written by Morgan Robertson. The story features the ocean liner Titan, which sinks in the North Atlantic after striking an iceberg. The Titan and its sinking have been noted to be very similar to the real-life passenger ship RMS Titanic, which sank fourteen years later.\"\"  now THAT is strange!!\""}
{"_id": "134441", "title": "", "text": "Well that's because you're trying to apply the same rules that apply everyone else to government officials. Don't be silly.  On a serious note, I find this one of the most offensive abuses of power in America today. Insider trading has been illegal in various forms since 1933. It is an enormous conflict of interest. A government official has the ability to enrich themselves in an almost unlimited way from trading on insider information. I don't believe the average American even realizes this. How there can be any justification of this is beyond me. It is a crime. No question about it. So if stealing is illegal for the general public, how can it be ok for public officials?  And they wonder [public trust in government](http://www.people-press.org/2017/05/03/public-trust-in-government-1958-2017/) is at all-time lows."}
{"_id": "134458", "title": "", "text": "In the EU, you might be looking for Directive 2000/35/EC (Late Payment Directive). There was a statutory rate, 7% above the European Central Bank main rate. However, this Directive was recently repealed by Directive 2011/7/EU, which sets the statutory rate at ECB + 8%. (Under EU regulations, Directives must be turned into laws by national governments, which often takes several months. So in some EU countries the local laws may still reflect the old Directive. Also, the UK doesn't participate in the Euro, and doesn't follow the ECB rate)"}
{"_id": "134469", "title": "", "text": "You can't blame businessmen for wanting to run their operations more efficiently.  As much as I dislike overseas call centers, and severely question their trade-off (low cost for low quality) - the cost benefits can save a business from going under; e.g. 100 man call center possible over there, 100 man call center locally not possible due to costs.   In many cases, the business is forced to use the less expensive option, both by necessity and common business sense. I'm not going to run the numbers, but after you add all the taxes and regulatory requirements; the difference is significant.   As for president; I dislike all career politicians, but would prefer someone with extensive business experience if I had to make a choice.   From a business stand point, was Romney successful with investing his money? It certainly seems so; now contrast that with Obama's own equity record of investing taxpayer money, and then check out all that red... ...and indictments ...and bare benefit.  Seems pretty obvious to me who has the worse record here."}
{"_id": "134483", "title": "", "text": "The 'uber' rich because they take chances that others aren't willing to. They also are rich because they make products people like.   Take for instance Apple [or whatever smartphone/computer brand your so privileged to own] ,like them or not they make a great product (determined by the market). If the market didn't like it (Microsoft Zune) then it'll fail.   As for the risk aspect, starting a business takes a TON of risk, and only after much strife and hardships can a business have potential to reach great heights. You think starting Popeyes's was easy? You think franchising is easy? Absolutely not!  You sit there in your privileged high-horse saying the rich should pay because they make something you like and helped to succeed. It's like wanting something for free.   Buy phone -&gt; Others buy phone -&gt; Complain about the rich and vote for UBI -&gt; Get extra $ you wouldn't have gotten otherwise-&gt; Spend that extra $ on the next years phone"}
{"_id": "134494", "title": "", "text": "\"Yep. You're single, you're possibly still a dependent on your parent's taxes (in lieu of rent), and you're finally bringing home bacon instead of bacon bits. Welcome to the working world. Let's say your gross salary is the U.S. median of $50,000. With bi-weekly checks (26 a year; common practice) you're getting $1923.08 per paycheck. In the 2013 \"\"Percentage Method\"\" tax tables, here's how your federal withholding is calculated as a single person paid biweekly: Federal taxes are computed piecewise; the amount up to A is taxed at X%, then the amount between A and B is taxed at Y%, so if you make $C, between A and B, the tax is (A*X) + (C-A)*Y. The amount A*X is included in the \"\"base amount\"\" for ease of calculation. Back to our example; let's say you're getting $1923.08 gross wages per check. That puts you in the 25% marginal bracket. You pay the sum of all lesser brackets (which is the \"\"base amount\"\" of the 25% bracket), plus the 25% marginal rate on every dollar that falls within the bracket. That's 191.95 + (1923.08 - 1479) * .25 = 191.95 + (444.08 * .25) = 191.95 + 111.02 = $302.97 per paycheck. The \"\"effective\"\" tax rate on the total amount, as if you were being charged a flat tax, is 15.75%, and this is just for the federal income tax. Add to this MA state income taxes (5.25% flat tax), FICA (aka Medicare; 1.45% flat) and SECA (aka Social Security; 6.2% up to a \"\"wage base\"\" that $50k doesn't even approach), and your effective tax rate on each dollar you earn is 15.75% + 5.25% + 1.45% + 6.2% = 28.65%. This doesn't include any state unemployment taxes that may be withheld separately, but as the rate I come up with is pretty darn close to what you've figured (meaning I slightly overestimated your gross income and thus your effective tax rate), my bet is that SUTA's either employer-paid in MA, or it's just part of MA state income tax. It gets better, at least at the federal level: The amount of your state income taxes is tax-deductible at the federal level if you itemize your deductions. That may not be a factor for you as you'd have to come up with more than $6,100 of other tax-deductible expenses to make itemizing the better option than taking the standard deduction (big-ticket items are mortgage expenses other than principal payments, hospital stays such as for childbirth or major accident, and state and local taxes such as sales, property and income). If you can claim yourself as a dependent (meaning your parents can't), then $150 of each check ($3,900 of your annual salary) is no longer taxed for federal withholding, lowering the amount of money taxed at the 25% marginal rate. You effectively save $37.50 biweekly ($975 annually) in taxes. Get married and file jointly, and your spouse, her personal exemption, and an extra standard deduction amount (if you don't itemize) go on your taxes. The tax rates for married couples filing jointly are also lower; they're currently calculated (or were in 2012) to be the same as if two equal earners were to file separately, so if your spouse doesn't work, your taxes on the single income are calculated at the rates you'd get if you earned half as much. It doesn't work out to half the taxes, but it is a significant \"\"marriage advantage\"\". Have kids, and each one is another little $3,900 tax write-off. It's nowhere near the cost of having or raising the child, but it helps, and having kids isn't about the money. Owning a home, making charitable deductions, having medical expenses, etc are a toss-up. The magic number in 2013 is $12,200 for a married couple, $6,100 for a single person. If your mortgage interest, insurance premiums, property taxes, medical expenditures, charitable donations, any contributions from your take-home pay to a tax-deferred savings account (typically these accounts are paid into by your employer as a \"\"pre-tax deduction\"\" and never show up as taxable income, but you could just as easily move money from your take-home pay into tax-deferred savings) and any other tax-deductible payments add up to more than 12 large, then itemize. If not, take your standard deduction. As a single taxpayer just starting out in life, you probably don't have any of these types of expenditures, certainly not enough to give up the SD. I did the math on my own taxes in 2012, and was surprised at how little the government actually gets of my paycheck when all's said and done. Remember back in the summer of 2012 when everyone was mad at Romney for making millions and only paying an effective income tax rate of 14%, which was compared to the middle class's marginal rate of 25-28%? Well, my family of 3, living on a little more than the median income from one earner (me), taking the married standard deduction, three personal exemptions, and a little extra for student loan interest, paid an effective federal income tax rate of something like 3.5%. Of course, the FICA and SS taxes don't allow any deductions (not even for retirement savings), so add in the 4.2% SS (in 2012) and 1.45% FICA and the full federal gimme was more like 9-10%.\""}
{"_id": "134497", "title": "", "text": "\"Both models understand that the value of a company is the sum total of all cashflows in the future, discounted back to the present. They vary in their definition of \"\"cash\"\". The Gordon Growth model uses dividends as a proxy for cashflow, under the assumption that this is the only true cash received by shareholders. (In theory, counting cash is meaningless if there's no eventual end-game where the accumulated cash is divvied up amongst the owners.) The Gordon model is best used to value companies that have an established, reliable dividend. The company should be stable, and the payout ratio high. GG will underestimate the value of firms that consistently maintain a low payout ratio, and instead accumulate cash. There are multiple DCF models. A firm valuation measures all cash available to both equity and debt holders. A traditional equity valuation measures all cash that can be claimed by shareholders. While the latter seems most intuitive and pertinent to a shareholder, the former is very good at showing what a company can do regardless of their choice of capital structure. A small add-on to a firm valuation is the concept of EVA, or economic value add, where the return on capital (all capital -- both debt and equity) is compared to the blended cost of capital. The DCF model is more flexible (optimistic?) than the Gordon in its approach to cash. The approach can be applied to many types of companies, at every stage in their maturity, even if they don't pay a dividend. A simplistic, or single-stage DCF is similar to the Gordon. The assumption is that the company is fully mature, growing at a rate perhaps just slightly above inflation, forever. For younger companies a multi-stage DCF can be employed, where you forecast fairly confident numbers for the next 3-5 years, then 3-5 years beyond that the forecast is less certain, but assumed to be slowing growth, and a generally maturing, stabilizing company. And then the steady-state stage is tacked on to the end. You'll want to check out Professor Aswath Damodaran's website: http://pages.stern.nyu.edu/~adamodar/ . He addresses all this and so much more, and has a big pile of spreadsheets freely downloadable to get you started. I also highly recommend his book \"\"Investment Valuation\"\". It's the bible on the topic.\""}
{"_id": "134542", "title": "", "text": "\"When you invest in a single index/security, you are completely exposed to the risk of that security. Diversification means spreading the investments so the losses on one side can be compensated by the gains on the other side. What you are talking about is one thing called \"\"risk apettite\"\", more formally known as Risk Tolerance: Risk tolerance is the degree of variability in investment returns that an investor is willing to withstand. (emphasis added) This means that you are willing to accept some losses in order to get a potential bigger return. Fidelity has this graph:  As you can see in the table above, the higher the risk tolerance, the bigger the difference between the best and worst values. That is the variability. The right-most pie can be one example of an agressive diversified portfolio. But this does not mean you should go and buy exactly that security compostion. High-risk means playing with fire. Unless you are a professional stuntman, playing with fire usually leaves people burnt. In a financial context this usually means the money is gone. Recommended Reading: Investopedia; Risk and Diversification: The Risk-Reward Tradeoff Investopedia; How to construct a High Risk portfolio Fidelity: Guide to Diversification KPMG: Understanding and articulating Risk Appetite (pdf)\""}
{"_id": "134545", "title": "", "text": "If cash donations are not deductable, stock contributions aren't either and I believe the same rules apply as for a private party."}
{"_id": "134563", "title": "", "text": "\"Yes, merchants are charged. Visa/Mastercards charge 1 to 2%, of which some part goes to the Visa/MC and the rest to the issuing bank (if you have an HDFC Bank Visa card, HDFC bank is the issuing bank. And yes, you can get a discount from the merchant - while it probably isn't allowed by Visa/MC, some merchants still provide discounts for cash. But you won't get it at places like supermarkets or large brand retail. Late fees + charges can be huge. In multiple ways - first, they all seem to charge a late fee of Rs. 300-500 nowadays, plus service tax of 10%. Then, you will pay interest from the bill date to the eventual payment date. And further, any new purchases you make will attract interest from the day they are made (no \"\"interest-free\"\" period). Interest rates in India on CCs are over 3% a month, so you really must get rid of any open balances. I've written a longish piece on this at http://in.finance.yahoo.com/news/The-good-bad-ugly-credit-yahoofinancein-2903990423.html\""}
{"_id": "134573", "title": "", "text": "Christos Vitsentzatos is a pragmatic and forward thinking lawyer. He represents small and medium sized businesses in the financial services, technology and sports and entertainment sectors. His legal career has seen him represent a diverse array of clients in many different roles. He has been an Assistant Crown Attorney for the Province of Ontario."}
{"_id": "134581", "title": "", "text": "Most countries with income tax, including the USA, design their withholding system so that in straightforward cases, tax is withheld from each month's paycheck on an annualized basis: tax for a month is calculated on the assumption that you will keep earning the same monthly amount for the rest of the year, and the withholding is set so that the tax is spread evenly across the year. Another way of putting that is that in practice you only get the tax brackets allocated proportionately throughout the year - so up till the end of August you'll only have been assigned 8/12 of the $37450 bracket, and so on. So if your income doesn't change and your general tax affairs don't change, your paycheck also shouldn't change. If your income is irregular or changes during the year then things can get more complicated. As other answers have noted, withholdings are calculated according to tables that normally just take into account that specific month's income. There are various possible changes to your tax affairs that might cause the withholdings to change. For example there'd be an impact from any change in your contributions to tax advantaged things like health insurance or retirement, health or education savings. You might also use form W-4 to change your withholdings yourself. Note that even with a regular income that doesn't change through the year, you might find yourself either owing money or being owed a refund when you file your taxes after the end of the year. It's worth making sure that your W-4 accurately records the allowances you are entitled to, to minimize or eliminate this adjustment."}
{"_id": "134607", "title": "", "text": "Generally, the answer is as follows:  If there is a legal obligation to pay cash flow (including the possibility of court determined restructuring), then it is debt.  If the asset owner is not guaranteed any cash flow,  but instead owns the *residual* cash flow from the operations of the business (I.e. the cash flow left-over), then it is equity."}
{"_id": "134610", "title": "", "text": "\"You're an idiot. There is no such thing as \"\"statistical heresy\"\". Picking any given stretch of time will create an assumption. The last year has had historically crazy low volatility, but if they were using a one year sample in mid-2009 it would be the most incredibly conservative VaR in history. On the other hand, using historical volatility from the past 50 years would make no sense either: does the stock market in 1985 look anything like today's? What about the liquidity of pretty much any derivatives market? There is no \"\"right\"\" way to measure VaR; any way you do it involves assumptions and tweaks that are entirely subjective.  Also, VaR can be over a variety of confidence intervals. 99% or 95% are standard, with 95% being more common because that's two standard deviations in a normal distribution. And hey! That's what they used.\""}
{"_id": "134632", "title": "", "text": "Which to do is determined by how you like to consume cars. If you don't drive a lot and like to get a new car every 2-3 years, leasing is often the better choice. If you drive a lot or want to keep a car longer than 3 years, you're normally better buying."}
{"_id": "134636", "title": "", "text": "\"&gt;*Newly released Census data reveals nearly 110 million Americans \u2013 more than one-third of the country \u2013 are receiving government assistance of some kind.*  &gt;*The number counts people receiving what are known as \u201cmeans-tested\u201d federal benefits, or subsidies based on income. This includes welfare programs ranging from food stamps to subsidized housing to the program most commonly referred to as \u201cwelfare,\u201d Temporary Assistance for Needy Families.*  &gt;*At the end of 2012, according to the stats, 51.5 million were on food stamps, while 83 million were collecting Medicaid \u2013 with some benefiting from multiple programs.*  &gt;*Though the programs were created to help those in need, some analysts worry that the way they\u2019re designed is, increasingly, incentivizing people not to work. They note that when recipients combine several government assistance programs, in many cases they pay better than going to work.*  &gt;*The Cato Institute\u2019s Michael Tanner said that in the eight most generous states, the benefits can be tantamount to a $20 minimum wage \u2013 which would exceed the $7.25 minimum wage in most states.*  &gt;*\u201cSo in many cases people could actually do better on welfare than they could in an entry level job,\"\" Tanner said.*  Cross-post from /r/MAConservative\""}
{"_id": "134640", "title": "", "text": "Really, the experiment shows that the more similarities you have with your partner, the longer you will last together. Audating Sites focus on that aspect and asks information about you so it can match you with an each other whose information is compatible with you. If you want to escapade with each other, then you can visit our website. Our website best dating sites for men and women are always about opposites attracting."}
{"_id": "134659", "title": "", "text": "Nobody doubts that you can get a nicer TV or coffee maker for the money 35 years later - that's the upside of globalization - but what about housing, healthcare, and education? I don't really consider four-slice toasters when I think about what it takes to survive and prosper in the U.S. nowadays."}
{"_id": "134689", "title": "", "text": "Not to be a jerk, since I'm learning about options myself, but I think you have a few things wrong about your tesla put postion.  First, assuming it was itm or atm within a week of strike it would maybe be worth $12-15, I glanced at the 11/10 put strikes ~325 trades for $12.65 https://www.barchart.com/stocks/quotes/TSLA/options?expiration=2017-11-10  The closer it gets to expiry theta decay reduces put value significantly, the 325's that expire tomorrow are only worth $2.60.   Expecting TSLA to drop from 325 to 50 a share by Jan has a .006% chance of occuring according to the current delta. It's a lottery ticket at best.  _____ Lastly the $50 price is the expected share price at the date of expiry. The price you pay is 57c for the options. So in order to get to your 494k number TSLA would need to decline $50 dollars to a price of 275 a share. You wouldn't want to buy 50 dollar puts, just the 275 puts, provided it declines very quickly.   EDIT: I was looking at the recent expiration to get an idea of atm or itm prices, since it's not like you would hold to expiration. Also the Jan has a 0.6% chance of hitting 50, not .006%. That said what I've noticed when things start to slide is that puts have a weird way of pricing themselves. For example when something gradually goes up all of the calls go up down the chain through time frames, but puts do not in the same fashion. Further out lower priced puts won't move nearly as much unless the company is basically headed for bankruptcy."}
{"_id": "134722", "title": "", "text": "Buffet is in a different league from other value investors. He looks for stable companies with no debt and good management. Then he looks to deeply understand the industries of candidate companies, and looks for companies that are not in commodity businesses or sell commodities that can be bought for 25% of the valuation that he believes reflects the true value of the company. Deeply understanding the market is really the key.  Consider the Burlington Northern Santa Fe Railroad, which Buffet purchased last year. Railroads benefit from higher oil prices, as they can transport cargo much cheaper than trucks. They also tend to have natural monopolies in the regions they operate in. Buffet bought the railroad just as production of oil and natural gas in North Dakota started picking up. Since pipeline capacity between North Dakota and refineries in Texas/Oklahoma is very limited, the railroad is making alot of money transporting crude."}
{"_id": "134737", "title": "", "text": "You can upgrade to Microsoft Money Plus Sunset for free.  Also try PocketSense, a free software package which adds online-services features to Money Plus Sunset."}
{"_id": "134752", "title": "", "text": "You appear to be thinking of option writers as if they were individuals with small, nondiversified, holdings and a particular view on what the underlying is going to do.  This is not the best way to think about them. Option writers are typically large institutions with large portfolios and that provide services in all sorts of different areas. At the same time as they are writing calls on a particular stock, they are writing puts on it and options on other stocks.  They are buying and selling the underlying and all kinds of different derivatives.  They are not necessarily writing the option because they are expecting or hoping to benefit from a price move.  It's just small part of their business.  They write the option if the option price is good enough that they think they are selling it for very slightly more than it's worth.   Asking why an option writer creates a call is like asking why a grocery store keeps buying groceries from their distributors.  Don't they know the price of food may not always rise?  Sure, but their business is selling the food for slightly more than they pay for it, not speculating on what will happen to its price.  Most option writers are doing the same thing, except what they are buying and selling is sets of cash flows and risk.   As a general rule, the business model of option writers is to profit from the few cents of spread or mispricing, not from aggregate changes in the price of the underlying.  They should and often do maintain balanced portfolios so their option writing activities don't expose them to a lot of risk. Also note that there could be lots of reasons for writing options, even if you do have a particular view.  For example, perhaps the option writer thinks volatility of the underlying will decrease.  Writing a call could be part of an overall strategy that profits from this view."}
{"_id": "134761", "title": "", "text": "As someone who works for a company that deploys POS systems in Canada, I can tell you that your best bet would be to have a configuration option that lets the client decide what to do. If they have a business practice that would allow for a sale total to be $0.01 or $0.02, they should first evaluate their business practice.  If you're building a POS system to deploy in Canada, I'm sure you have access to resources (potential clients) who would already know how they would want to handle this. Ask them."}
{"_id": "134764", "title": "", "text": "\"Given the current low interest rates - let's assume 4% - this might be a viable option for a lot of people.  Let's also assume that your actual interest rate after figuring in tax considerations ends up at around 3%.  I think I am being pretty fair with the numbers. Now every dollar that you save each month based on the savings and invest with a higher net return of greater than 3% will in fact be \"\"free money\"\".  You are basically betting on your ability to invest over the 3%.  Even if using a conservative historical rate of return on the market you should net far better than 3%.  This money would be significant after 10 years.   Let's say you earn an average of 8% on your money over the 10 years.  Well you would have an extra $77K by doing interest only if you were paying on average of $500 a month towards interest on a conventional loan.  That is a pretty average house in the US.  Who doesn't want $77K (more than you would have compared to just principal).  So after 10 years you have the same amount in principal plus $77k given that you take all of the saved money and invest it at the constraints above. I would suggest that people take interest only if they are willing to diligently put away the money as they had a conventional loan.  Another scenario would be a wealthier home owner (that may be able to pay off house at any time) to reap the tax breaks and cheap money to invest. Pros: Cons: Sidenote:  If people ask how viable is this.  Well I have done this for 8 years.  I have earned an extra 110K.  I have smaller than $500 I put away each month since my house is about 30% owned but have earned almost 14% on average over the last 8 years.  My money gets put into an e-trade account automatically each month from there I funnel it into different funds (diversified by sector and region).  I literally spend a few minutes a month on this and I truly act like the money isn't there.  What is also nice is that the bank will account for about half of this as being a liquid asset when I have to renegotiate another loan.\""}
{"_id": "134765", "title": "", "text": "\"My opinion - this subreddit should be about discussing the industry. This venue should be for those already established in the field - those able and willing to contribute insightful perspectives and notions to the group. We should have dialogues on current events, case studies on previous events, how we were involved in said happenings, what our perspectives were etc. Even a place to share and critique write-ups on investment ideas.   For those that are \"\"dying to get into the field\"\"..  For 90% of us, I can assure you, we were there. I sure as hell know I was. Finance, or at least investment banking, trading, etc. is one of, if not the most, competitive fields to enter into directly out of college. All of us had a lot of questions. All of us were worried and anxious. Those that succeeded, however, didn't spend time asking anonymous people on the internet if they had a shot. They went out, worked their asses off and did what they needed to do.  I'm 6 months into a full time investment banking gig in one of the most prestigious groups at perhaps the most highly regarded investment bank in the world. There isn't a day that goes by that I don't wonder how in the fucking fuck I got to be where I am at. But this shouldn't be the place to discuss it. There's so many other venues - r/financialcareers, wallstreetoasis, etc -  that cater to such concerns.   Though I don't post much (partly a side affect of working 120 hours a week) Reddit needs a place to discuss the happenings of the financial world. There are a lot of redditors that work in finance. The problem, however, is that there really isn't a place to discuss the field. At least for me, I tend to only visit the subreddit every now and then because I know it will be convoluted with career questions.  Make this subreddit a subreddit about what's happening in finance. Redirect posts about financial careers to the appropriate forum. It's that simple.\""}
{"_id": "134794", "title": "", "text": "I spoke to HMRC and they said #1 is not allowable but #2 is. They suggested using either their published exchange rates or I could use another source. I suggested the Bank of England spot rates and that was deemed reasonable and allowable."}
{"_id": "134806", "title": "", "text": "\"Take a look at any king; they got to do what they wanted with the state money which pretty much always included attacking their enemies using their fortunes which look very much like ordinary people's taxes.    Don't like that?  How about the renaissance city-states.  They hired private armies -- the Swiss mainly -- who then decided which side had paid the most money, that side won.    Explicitly, There's also the Roman late republic, where private armies battled for just about a century, killing about 1/3 of the men.    Really, though, what does \"\"private army\"\" mean?  There are taxpayers and taxpayers.  Your security will have to be handled somehow.  Do you think calling something a \"\"fee\"\", perhaps, changes the fundamental nature of the payment?  Do you imagine that you can live outside of society, not pay the \"\"fee\"\" and somehow be safe?  Again, explicitly, how are you going to handle security?\""}
{"_id": "134819", "title": "", "text": "If you are a cosmetologist, you may have been in the situation of returning from a trip in love with a souvenir of beauty, exclusive moisturizing type or dream lipstick. With a wide selection of brands, Beauty products both facial and body treatment as exclusive makeup, you are sure to find what you are looking for."}
{"_id": "134829", "title": "", "text": "But what about when he has to take his sick kid to the doctor?  Or the fact that Walmart is 5-10 miles away only if you take the freeway, which yo can't do on a bike so you've just added way MORE time and distance.  It's not as simple as buying a bike."}
{"_id": "134845", "title": "", "text": "He's supposed to be grading him as a board member. I dont think that a board member's vote should be seen as a positive or negative when it comes time for their job review.   Edit: Guys, a board member is under no obligation to cast votes in public elections that are in the best interest of the company on which he boards. In fact, I would prefer board members who are autonomous citizens and have lives, values, and interests beyond the companies they board. For example, I would not discriminate against a board member of a bank who also supported Bernie Sanders.   Edit 2: People should not be discriminated against in the work place because of their politics, religion, gender, race, sexual orientation, etc. Frankly, Im alarmed that this tenant of democracy is being disputed. I dont want to live in a democracy where people have to have two sets of political beliefs. One they put forth to appease their employer and the other they keep secret."}
{"_id": "134854", "title": "", "text": "8 am EDT happens when this comment is 5 hours and 51 minutes old.  You can find the live countdown here: https://countle.com/424159rwH  ---  I'm a bot, if you want to send feedback, please comment below or send a PM."}
{"_id": "134864", "title": "", "text": "Such an offer has negative value, so it's hard to see how it would make sense to accept it. The offer has two components, one part that you gain and one part that you lose. The gain is that half your losses are covered. The cost is that half your profits are lost. For that to be a net benefit to you, you would have to expect that you will gain more from this than you will lose from it. That is, you must expect that the investment has negative value. But if you expect that the investment has negative value, why are you investing? This also doesn't really align incentives between the two parties. The person choosing the investment is not incurring opportunity cost (because they have no funds locked up) while you are. So they have an incentive to be conservative that you do not. For example, say I could make 1% in an ultra low risk CD. The person choosing the investments has an incentive to put me in something that he only expects to make around 0.5% (because he gets to keep half the profits and it costs him nothing). Whereas I'd rather just put the money in a CD (because I get to keep 1% instead just half of 0.5%)."}
{"_id": "134866", "title": "", "text": "The largest hurdle I see is producing enough electric, affordable, fully autonomous vehicles to make it economically viable. Tesla, Ford, GM, Uber, Google, and Apple are all working hard to get there because whoever does it first/best will make boatloads of money."}
{"_id": "134892", "title": "", "text": "http://mobile.nytimes.com/blogs/economix/2014/04/02/the-many-classes-of-google-stock/ Are you counting both class A and other share classes?"}
{"_id": "134893", "title": "", "text": "Those are valid, but I think you will see banks move into fintech, as they already have, and they are also moving into blockchain. One thing that banks have, is money, and that allows them to move into new spaces in the economy even if they are late to the party. When you have institutions that have been around for more than a century, they don\u2019t just go away.   I think you start to see trading revenue comeback, eventually. The passive versus active investing is a cycle. As more and more people jump into passive investments, it will inevitably change the market because suddenly everything becomes more correlated. Once there is enough volatility to scare people out of their passive investments, then the indices are going to fall. Then you\u2019ll start seeing how active investing is better and people start to move back. Passive investing is good when everything is up, but on the downside active investing (if you have the right managers) will outperform. Once this occurs, you will start to see more volatility in the markets again, and a return to active management, until inevitably people start to move back to passive again."}
{"_id": "134901", "title": "", "text": "\"Question: Does a billion dollars make you 1,000 times more happy than a million dollars? Answer: It doesn't.  What counts is not the amount of money, but the subjective improvement that it makes to your life. And that improvement isn't linear, which is way the expected value of the inrease in your happiness / welfare / wellbeing is negative.  The picture changes if you consider that by buying a ticket you can tell yourself for one week \"\"next week I might be a billionaire\"\". What you actually pay for is not the expected value of the win, but one week of hope of becoming rich.\""}
{"_id": "134902", "title": "", "text": "\"&gt; company was incorporated, which makes it a public institution and that changes things.  People keep saying this, but it simply is not true.  No business is ever a \"\"public institution\"\".  Even publicly traded companies are still *privately owned*.  They are \"\"public\"\" only in the sense that they extend the opportunity to own a part of the company to the larger public.  Insfar as this is true, they incur certain responsibilities to be transparent in reporting their financials, for example.  But the idea that any private institution - corporation, church, parochical school, or small business ought to be forced to hire on the basis of someone else's idea of fairness is idiotic.  It's a fundamental matter of property rights.  Except in matters of fraud or force, I should be free to dispose of my property - say my business - in any way I wish, hiring, serving, or otherwise running that business as I see fit.  If it is OK to force private sector institutions to hire and serve people because the government says so, then by the same reasoning the government should be able to force you to invite certain classes of people to your dinner parties.  Even in the extreme cases of outright bigotry - say the KKK member that owns a business and hates blacks or the Muslim shop onwer that hates Jews - this should not be prevented.  However offensive I most of the rest of my fellow citizens find the Klackers or the nutjob Islamists, they too have rights and privileges under our system and they too should not have those rights removed to suit my sense of fair play.\""}
{"_id": "134906", "title": "", "text": "Lower risk of having to fight to get their money back, obviously. That's what credit rating is supposed to predict. Paying your bills on time, and paying off the balance in full every month, are different questions. They want to know that you will make the minimum payments at least, and that you will eventually pay back the loan. Compare that with subprime and/or loan sharks, where the assumption is that being late or defaulting is more common, and interest rates are truly obscene in order to make a profit despite that."}
{"_id": "134914", "title": "", "text": "sure, and I'm happy they're getting paid more... this is important work. people shouldn't have to scrape by just because it's not the most desirable career.   but saying that increase in cost won't affect an increase in price and that average people will be better able to afford higher construction costs is misleading.   just because construction workers have more money in their pockets, doesn't mean the average person will have more as well."}
{"_id": "134917", "title": "", "text": "They have no standard of conduct, their review process is opaque and they are hostile to employers who ask for content to be reviewed.  Unless you threaten to sue they take no action against slander or libel.  We have had an unhappy employee flood the site with reviews using multiple fake emails, accuse an employee of a crime, etc and they did nothing but encourage us to buy their services.   We used to advertise jobs on their site - never again.  They are just as bad as Yelp."}
{"_id": "134931", "title": "", "text": "At 22yo, unless you have a terminal illness, you have many years to earn and save a lot more that you will have in your 401k right now (unless you have already been extremely lucky in the market with your 401k investments). This means that even if you lost everything in your 401k right now, it probably wouldn't hurt you that much over the long term. The net present value of all your future savings should far exceed the net present value of your 401k, if you plan to earn and save responsibly. So take as much risk as you want with it right now. There is no real benefit to playing safe with investments at your age. If you were asking me how much risk should you be taking with a $10m inheritance and no income or much prospects of an income, then I'd be giving you a very different answer."}
{"_id": "134938", "title": "", "text": "Not really on the corporate finance side, so excuse me if my explanation seems a bit verbose.  Nobody *wants* to give away control of their company, but investors are going to demand a pretty steep discount on your equity if you don't give them some way to steer management. Control is valuable, and to this extent, voting shares should always be worth *at least* as much as non-voting shares.  If the owner still retains 51% of the company, however, then the voting shares provide essentially no benefit over non-voting, barring the founder's sudden divestiture. With this in mind, there's basically no reason to issue voting shares in the first place.  On the other hand, with 40% of the voting power the founder's still have a key vote and will rarely be overturned unless a supermajority (84%) of the other investors disagree. This still gives them *de facto* control while offering equity holders some degree of security if the founders were ever to suddenly lose their mind. This added security allows the voting shares to trade at a premium over non-voting, which in turn allows the company to raise more money from their equity issuance."}
{"_id": "134941", "title": "", "text": "Would it be worth legitimizing his business or is it too late at this point? To be blunt, you're asking if we recommend that he stop breaking the law. The answer is obviously yes, he should be declaring his income. And it would probably benefit him to get on the same page as his employer (or client) so they can both start obeying the law together. Once he's filed a tax return for 2016 that would certainly help his cause as far as a lender is concerned, and  as soon as he can provide some recent pay stubs (or paid invoices) he should be ready to move forward on the mortgage based on that additional income."}
{"_id": "134943", "title": "", "text": "No man, don't you see? The MAN is making students become perpetual debt slaves! To become another cog in the machine! It's all by design. Didn't happen by accident. Martha Stewart's polishing brass on the Titanic.  It's all goin' down, man!"}
{"_id": "134949", "title": "", "text": "It will be super expensive and a complete failure. Everyone now wants their own streaming service and DON'T realize they are just trying to turn this into other more expensive form of cable. I already have to many apps as is for shows and movies I don't need other and don't care enough about Disney to pay for a app. Unless of course they put ALL there content and that includes Pixar flims then it could turn me around on the subject. But like you said it will most likely be limited runs on the good stuff like one or two a month and a shit ton of crap NO one wanted to watch to begin with."}
{"_id": "134972", "title": "", "text": "The company may not permit a transfer of these options. If they do permit it, you simply give him the money and he has them issue the options in your name.  As a non-public company, they may have a condition where an exiting employee has to buy the shares or let them expire.  If non-employees are allowed to own shares, you give him the money to exercise the options and he takes possession of the stock and transfers it to you.  Either way, it seems you really need a lawyer to handle this. Whenever this kind of money is in motion, get a lawyer.  By the way, the options are his. You mean he must purchase the shares, correct?"}
{"_id": "134978", "title": "", "text": "\"With a \"\"normal\"\" CD you can't, but some banks do seem to offer CDs where you can.  For instance the \"\"variable-rate CD\"\" at USAA allows ongoing deposits.  I also found a United Bank \"\"saver CD\"\" which requires you to set up automatic monthly deposits.  You would have to check each individual bank's CD offerings to see if they have such a product. However, if you make ongoing deposits to it, a CD becomes less distinguishable from a savings account.  Even if a given bank does offer a \"\"depositable\"\" CD, you might conceivably be able to find a higher rate on a plain savings account at another bank (especially an online bank offering high savings account rates).  For instance, the USAA CD I mentioned above has an APY of 0.46%, but the high yield savings accounts on this NerdWallet list have higher APYs than that.  So even if you can find the kind of CD you describe, it might be better to just use a savings account anyway.\""}
{"_id": "134980", "title": "", "text": "This is my biggest frustration with MS. They are constantly changing the interfaces for windows and office - possibly passing the test for being a simple experience for common activities. But they always seem to disregard the existing user actions people are used to, and making more complex tasks extremely cumbersome vs before.  They just don't get it when it comes to UI."}
{"_id": "134995", "title": "", "text": "Financial modeling training - if you ever have any interest in private equity, investment banking, leveraged lending, equity analysis, corporate finance roles, FP&amp;A, or commercial banking in general, you will need to confidently work with three statement financial models.  There's lots of good resources out there. Some cost more than others."}
{"_id": "135005", "title": "", "text": "The set of circumstances that 401k loans make sense, are very small.  As you would expect yours is not one of them.   You make 70K per year and need 6500.  Interest rate is not your problem, budgeting is the problem.  Pay this off in three months not the 48 you are proposing. Why is borrowing from your 401K a bad idea, especially in this case? Look, been there done that, been the over spender.  The sooner that you learn how to handle your money the better.  I was in my 40s when I learned, if you can do this now you can be really wealthy by the time you get to be my age. Dream a bit.  How much margin would you have in your life if you were able to pay this off in 3 months?  How much better would your life be?  Go forth and do great things.  I believe in you."}
{"_id": "135013", "title": "", "text": "If the thought of learning math strikes fear into the heart of your otherwise bright young student, you can decrease your child\u2019s apprehension by teaching him or her that math concepts can actually be a lot of fun to learn and apply."}
{"_id": "135017", "title": "", "text": "\"You can hire a good CPA for a really low price.  They can advise you on how to do exactly what you said and many other aspects of your business.  Mine does this as a courtesy with the filing of my taxes.  And the filing of my taxes is not all that much.  It is great value for the money. Recently I had to make a decision that is a potential audit situation and can go badly if not properly documented.  It was not hard to document (with the CPA's help), but now that it is so I don't lose mental energy on if I am going to get \"\"caught\"\" by the IRS.  Let them come, I have the necessary documentation. Beyond the IRS, I really like the documentation that you are trying to put behind this loan.  Having this in writing helps smooth this potentially bad situation between you and the BIL.  I would go above and beyond writing conditions and contingencies down in order to keep this relationship happy.  With these kinds of things, cover the applicable 5 \"\"Ds\"\" of partnership agreements: However, I would add another:  Boom.  What happens if your business takes off?  Perhaps there should be a clause to retire the loan prior to you expanding beyond a certain level. Please understand I am not suggesting that any of these bad things are going to happen to you (except the Boom, I really hope that happens to you), but it is a way to communicate contingent actions if one of the risks of small business materializes.  Having agreements ahead of time helps avoid crisis.\""}
{"_id": "135022", "title": "", "text": "If you are trading CFDs, which are usually traded on margin, you will usually be charged an overnight financing fee for long positions held overnight and you will receive an overnight financing credit for short positions held overnight. Most CFD brokers will have their overnight financing rates set at + or - 2.5% or 3% from the country's official interest rates. So if your country's official interest rate is 5% and your broker uses + or - 2.5%, you will get a 2.5% credit for any short positions held overnight and pay 7.5% fee for any long positions held overnight. In Australia the official interest rate is 2.5%, so I get 0% for short positions and pay 5% for long positions held overnight. If you are looking to hold positions open long term (especially long positions) you might think twice before using CFDs to trade as you may end up paying quite a bit in interest over a long period of time. These financing fees are charged because you are borrowing the funds to open your positions, If you buy shares directly you would not be charged such overnight financing fees."}
{"_id": "135031", "title": "", "text": "Dollar cost averaging can be done in a retirement plan, and can be done for individual stock purchases, as this will increase your returns by reducing your risk, especially if you are buying a particular stock for the first time.   How many time have I purchased a stock, bottom fishing, thinking I was buying at the low, only to find out there was a new low.  Sitting with a thousand shares that are now down $3-$4K.  I have a choice to sell at a loss, hold what I've got or double down.  I usually add more shares if I'm thinking I'll recover, but at that time I'd wished I'd eased into my investment.  That way I would have owned more shares at a smaller cost basis.   Anything can happen in the market, not knowing whether the price will increase or decrease.  In the example above a $3,000 loss is equal to the brokerage cost of about 300 trades, so trading cost should not be a factor.  Now I'm not saying to slowly get into the market and miss the bull, like we're having today with Trump, but get into individual stocks slowly, being fully invested in the market.   Also DCA means you do not buy equal number of shares per period, say monthly, but that you buy with the same amount of money a different number of shares, reducing your total costs.  Let's say you spend $2000 on a stock trading at $10 (200 shares), if the stock rose to $20 you would spend $2000 and buy 100 shares, and if the stock dropped to $5 you would spend $2000 and buy 400 shares, by now having amassed 700 shares for $6,000.  On the other hand and in contrast to DCA had you purchased 200 shares for $2000 at $10/share, then 200 shares for $4000 at $20/share, and finally 200 more shares for $1000 at $5/share, you would have amassed only 600 shares for $7000 investment."}
{"_id": "135032", "title": "", "text": "&gt; General Motors Co will cut nearly a quarter of its U.S. pension obligation by transferring the management of its pension plans for 118,000 white-collar retirees to a third party and offering lump-sum buyouts. The two moves unveiled on Friday will cut $26 billion from the automaker's massive U.S. pension liability of nearly $109 billion.   It's almost like the OP didn't read the story."}
{"_id": "135050", "title": "", "text": "It's two things. One, hg Tv is reality television... It isn't real, never has been, never will be. It sells the 80s American dream.   Two, cost of living and relative wage varies across regions. E. G. The big mac effect.  Bigger question, in my opinion, is why do we care? I'm not a hippy, check my history, but my wife and I very recently downsized, with kids on the way. And it's fine. We went for a smaller home in a safer area with better schools. Couldn't be happier."}
{"_id": "135052", "title": "", "text": "Budget means both expenses and revenue. In quite a few cases, say personal finance, typically one refers to budget more from expenses point of view as the revenue is typically fixed/known [mostly salary].   The Operating budget and capital budget are laid out separately as Operating budget gives out day to day expenses that are typically essential, employee salaries, routine maintenance of infrastructure etc. The revenue is also tied in to match this. These are done within the same year. Where as capital budget is to build new infrastructure say a new bridge or other major expense that are done over period of years. The revenues to this are typically tied up differently and can even be linked to getting more funding from other agencies or loans."}
{"_id": "135067", "title": "", "text": "Whey protein, coffee, skills, skills, skills did I mention skills?  Learn useful things and no debt.  As for actual investment vehicles.. I have bad views of what is going to happen of the next 10 years.. I doubt you'll be allowed to own anything you invested in...."}
{"_id": "135073", "title": "", "text": "Once the business is shut down, you'll need to show that the corporation is in bankruptcy and the amounts are unrecoverable. You can then report it as investment loss. I suggest talking to a tax adviser (EA/CPA licensed in your State), and maybe an attorney, on what the specific technical details are."}
{"_id": "135079", "title": "", "text": "So you wouldn't really be using the IRA money for building the house, but for padding your savings? I would just leave the money in the IRA. Don't take it out just in the off-chance you need it, especially when you already have money in savings. If you want to replenish your savings do it by putting some of your income in there."}
{"_id": "135093", "title": "", "text": "Could you not open an additional checking account using both of your names? Of course, this additional account will technically also be yours, but if he's the only one placing money into it, then he's not spending your money from your existing checking account. I'd recommend going to bank of america, letting them know you have an existing checking account and stating that you'd like to open a second checking account.  I don't see any problem with this, do you?"}
{"_id": "135100", "title": "", "text": "&gt; Food delivery has limited success for luxury or novelty food items (e.g., fruit baskets, steaks, coffee, snack food, etc.), but for general eating/family eating, it's not an everyday food shopping need.  In the UK, all of the non-low end chains have food delivery where they delivery everything (usually better selections than the large shops) to your door. I used to live 5-6 minutes away from the shop, and I still did food delivery for perhaps \u00a32-3. If your average store can do delivery, then surely Amazon can beat them at the same game."}
{"_id": "135109", "title": "", "text": "It sounds like you're drastically oversimplifying basic business economics, and implying that any company is just as well off breaking even (zero profit) as it is with turning a big profit. This is blatantly incorrect and naive. For one thing, it is certainly be easier to justify expansion or attract new investments if your company is profitable."}
{"_id": "135112", "title": "", "text": "As long as you can get a cash advance on the credit card if you need it, then you're not putting the money beyond use if you use it to pay down card debt, you're just putting it where it gets the best rate of return."}
{"_id": "135113", "title": "", "text": "\"If the \"\"crash\"\" you worry about is a dissolution of the euro, then the main thing you should concern yourself with is liquidity.  For that, purchase the most highly liquid gold ETF or futures contract, whichever is more appropriate for the total amount of money involved.  Any other way and you will lose a significant chunk of your assets to transaction costs. If, on the other hand, the \"\"crash\"\" you were concerned about were the total collapse of the world economy, and people around the world abandon all paper currencies and resort to barter as a method of trade, then I can see buying several small pieces being a rational strategy, although then I would also question whether you were a sane individual.\""}
{"_id": "135123", "title": "", "text": "It's called economics, buddy. Supply and demand. That's why IT wages are a lot higher than those in, say, the textile industry. Won't bother explaining it because I think you already understand this but just don't like it."}
{"_id": "135128", "title": "", "text": "From my limited experience, having taken a class on Bankruptcy in order to become a paralegal, Chapter 11 is the portion of the Bankruptcy Code that allows certain corporate entities to reorganize. Basically, the entity files for bankruptcy protection to halt credit collections or any number of reasons, and then work with the courts to get out. If the entity can put together a reasonable sounding restructuring plan, the court may allow them to do it. A restructuring plan essentially is a plan of who to pay back, when, and by what means (this is seriously a simple explanation, it's much more complex than this). So if the Court approves the plan, the entity will attempt to carry it out and come out of bankruptcy several years down the road in a more solvent position. If the Court rejects the plan or the plan fails, then the entity has to then engage in Chapter 7 proceedings (selling assets to pay off debts)."}
{"_id": "135130", "title": "", "text": "&gt; Are you saying that OP was just unlucky because he didn't realize that forex wasn't covered under SIPC?  Pretty much.  Opening an investing account has tons of T&amp;C.  You're not going to read every single bit of it."}
{"_id": "135146", "title": "", "text": "Hey man, take my upvote. God forbid a fast food restaurant tries to provide somewhat healthy and fresh options at the small risk of one or two of 2,250 stores having a limited outbreak! I guess if you're an investor it's a good time to buy some stock. It's crazy to me. ONE store out of over two thousand has an issue and the stock drops?!"}
{"_id": "135148", "title": "", "text": "It's really hard to explain until you've been inside one. There's one here in San Jose and it was a magical experience. Shit you not. In other bookstores you'll be lucky to find a recommended book section, and even rarer to find some kind of context about why the book is good (say a blurb or review). All the books in the front have a blurb from Amazon reviews and average star rating. At another end of the store there are recommendations based on other popular books.   It's as if Amazon made a bookstore for people who actually like reading books."}
{"_id": "135164", "title": "", "text": "Reports -> I&E -> Cash Flow Select the Mutual Fund account only."}
{"_id": "135176", "title": "", "text": "\"It can be pretty hard to compute the right number. What you need to know for your actual return is called the dollar-weighted return. This is the Internal Rate of Return (IRR) http://en.wikipedia.org/wiki/Internal_rate_of_return computed for your actual cash flows. So if you add $100 per month or whatever, that has to be factored in. If you have a separate account then hopefully your investment manager is computing this. If you just have mutual funds at a brokerage or fund company, computing it may be a bunch of manual labor, unless the brokerage does it for you. A site like Morningstar will show a couple of return numbers on say an S&P500 index fund. The first is \"\"time weighted\"\" and is just the raw return if you invested all money at time A and took it all out at time B. They also show \"\"investor return\"\" which is the average dollar-weighted return for everyone who invested in the fund; so if people sold the fund during a market crash, that would lower the investor return. This investor return shows actual returns for the average person, which makes it more relevant in one way (these were returns people actually received) but less relevant in another (the return is often lower because people are on average doing dumb stuff, such as selling at market bottoms). You could compare yourself to the time-weighted return to see how you did vs. if you'd bought and held with a big lump sum. And you can compare yourself to the investor return to see how you did vs. actual irrational people. .02, it isn't clear that either comparison matters so much; after all, the idea is to make adequate returns to meet your goals with minimum risk of not meeting your goals. You can't spend \"\"beating the market\"\" (or \"\"matching the market\"\" or anything else benchmarked to the market) in retirement, you can only spend cash. So beating a terrible market return won't make you feel better, and beating a great market return isn't necessary. I think it's bad that many investment books and advisors frame things in terms of a market benchmark. (Market benchmarks have their uses, such as exposing index-hugging active managers that aren't earning their fees, but to me it's easy to get mixed up and think the market benchmark is \"\"the point\"\" - I feel \"\"the point\"\" is to achieve your financial goals.)\""}
{"_id": "135189", "title": "", "text": "It is all a balancing act. You must pay them a respectable wage. You must treat them with respect. They in turn must perform their duties as good as or better than expected of them. If either party doesn't fulfill their half of the deal then it would be expected that they part ways if the issue can not be fixed"}
{"_id": "135196", "title": "", "text": "\"Checks sold as \"\"business checks\"\" are larger than checks sold as \"\"personal checks\"\". Personal checks are usually 6\"\" x 2 1/2\"\" while business checks are 8 1/2 \"\" x 3 to 4 \"\". Also, business checks typically have a tear-off stub where you can write who the check was made out to and what it was for. In this computer age that seems pretty obsolete to me, I enter the check into the computer, not write it on a stub, but I suppose there are still very small businesses out there that doesn't use a computerized record-keeping system. These days business checks are often printed on 8 1/2 by 11\"\" paper -- either one per sheet with a big tear-off or 3 per sheet with no tear off -- so you can feed them through a computer printer easily. Nothing requires you to use \"\"business checks\"\" for a business account. At least, I've always used personal checks for my business account with no problem. These days I make almost all payments electronically, I think I write like one paper check a year, so it's become a trivial issue. Oh, and I've never had any problem getting a check printer to put my business name on the checks or anything like that.\""}
{"_id": "135197", "title": "", "text": "Newsvine - Springhill Group Counselling http://reispetee.newsvine.com/_news/2011/12/01/9152392-springhill-group-counselling  Springhill Group Counsellingbelieves it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization.This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy. #news #springhill group #springhill #group #counselling reblog  kasperkleinz: Springhill Group Counselling http://inthenews.springhillgroupcounselling.com/  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling #news #springhill group #counselling #group #springhill reblog  kasperkleinz: Springhill Group Counselling http://springhillgroupcounselling.com  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy. #news #springhill group #springhill #group #counselling #business reblog  hiacytkant: Springhill Group Counselling Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling #Springhil Group Counselling news #springhill #group #counselling #news reblog  blazecyryl: In The News - Springhill Group Counselling By Gail Hollenbeck, Times Correspondent In Print: Saturday, November 26, 2011 Print Email Post Republish Story Tools Comments (0) Contact the editor Email Newsletters Social Bookmarking ShareThis ADVERTISEMENT ADVERTISEMENT Featured Syracuse Fires Assistant Basketball Coach Fine Bucs blow late lead, lose 23-17 to Titans Rewind: Admiral Farragut heads to state semis Armwood 23, Hillsborough 0 Pasco"}
{"_id": "135202", "title": "", "text": "I feel like the economics based on slave labor should have a name but I can't think of one.  It's not really capitalist because that would require a voluntary trade and slave labor is not voluntary.  But in economic theory slavery can be powerful.  The Nazi's really surprised the allied planners with how effective their use of slave labor really was."}
{"_id": "135216", "title": "", "text": "\"The market capitalization of a stock is the number of shares outstanding (of each stock class), times the price of last trade (of each stock class). In a liquid market (where there are lots of buyers and sellers at all price points), this represents the price that is between what people are bidding for the stock and what people are asking for the stock.  If you offer any small amount more than the last price, there will be a seller, and if you ask any small amount less than the last price, there will be a buyer, at least for a small amount of stock. Thus, in a liquid market, everyone who owns the stock doesn't want to sell at least some of their stock for a bit less than the last trade price, and everyone who doesn't have the stock doesn't want to buy some of the stock for a bit more than the last trade price. With those assumptions, and a low-friction trading environment, we can say that the last trade value is a good midpoint of what people think one share is worth.  If we then multiply it by the number of shares, we get an approximation of what the company is worth. In no way, shape or form does it not mean that there is 32 billion more invested in the company, or even used to purchase stock. There are situations where a 32 billion market cap swing could mean 32 billion more money was invested in the company: the company issues a pile of new shares, and takes in the resulting money.  People are completely neutral about this gathering in of cash in exchange for dilluting shares.  So the share price remains unchanged, the company gains 32 billion dollars, and there are now more shares outstanding. Now, in some sense, there is zero dollars currently invested in a stock; when you buy a stock, you no longer have the money, and the money goes to the person who no longer has the stock. The issue here is the use of the continuous tense of \"\"invested in\"\"; the investment was made at some point, but the money doesn't really stay in this continuous state of being.  Unless you consider the investment liquid, and the option to take money out being implicit, it being a continuous action doesn't make much sense. Sometimes the money is invested in the company, when the company causes stocks to come into being and sells them. The owners of stocks has invested money in stocks in that they spent that money to buy the stocks, but the total sum of money ever spent on stocks for a given company is not really a useful value. The market capitalization is an approximation, which under the efficient market hypothesis (that markets find the correct price for things nearly instantly) is reasonably accurate, of the value the company has collectively to its shareholders.  The efficient market hypothesis isn't accurate, but it is an acceptable rule of thumb. Now, this value -- market capitalization -- is arguably not the total value of a company: other stakeholders include bond holders, labour, management, various contract counter-parties, government and customers.  Some companies are structured so that almost all value is captured not by the stock owners, but by contract counter-parties (this is sometimes used for hiding assets or debts). But for most large publically traded companies, it (in theory) shouldn't be far off.\""}
{"_id": "135219", "title": "", "text": "\"In your case, I believe the answer is that you don't owe any taxes, if your deductions exceed your income. There is something called the Alternate Minimum Tax to catch \"\"rich\"\" people, who claim \"\"too many\"\" deductions. Basically, it taxes their \"\"gross\"\" income at a lower rate, but allows them no deductions if they make $175,000 or more. You are not in that tax \"\"bracket.\"\"\""}
{"_id": "135220", "title": "", "text": "\"For the purposes of report generation, I would recommend that you present the data in the currency of the user's home country. You could present another indicator, if needed, to indicate that a specific transaction was denominated in a foreign currency, where the amount represents the value of the foreign-denominated transaction in the user's home country Currency. For example: Airfare from USA to London: $1,000.00 Taxi from airport to hotel: $100.00 (in \u00a3) In terms of your database design, I would recommend not storing the data in any one denomination or reference currency. This would require you to do many more conversions between currencies that is likely to be necessary, and will create additional complexity where in some cases, you will need to do multiple conversions per transaction in and out of your reference currency. I think it will be easier for you to store multiple currencies as themselves, and not in a separate reference currency. I would recommend storing several pieces of information separately for each transaction: This way, you can create a calculated Amount for each transaction that is not in the user's \"\"home\"\" currency, whereas you would need to calculate this for all transactions if you used a universal reference currency. You could also get data from an external source if the user has forgotten the conversion rate. Remember that there are always fees and variations in the exchange rate that a user will get for their home country's currency, even if they change money at the same place at two different times on the same day. As a result, I would recommend building in a simple form that allows a user to enter how much they exchanged and how much they got back to calculate the exchange rate. So for example, let's say I have $ 200.00 USD and I exchanged $ 100.00 USD for \u00a3 60.00, and there was a \u00a3 3.00 fee for the exchange. The exchange rate would be 0.6, and when the user enters a currency conversion, your site could create three separate transactions such as: USD Converted to \u00a3: $100.00 \u00a3 Received from Exchange: \u00a3 60.00 Exchange Fee: \u00a3 3.00 So if the user exchanged currency and then ran a balance report by Currency, you could either show them that they now have $ 100.00 USD and \u00a3 57.00, or you could alternatively choose to show the \u00a3 57.00 that they have as $95.00 USD instead. If you were showing them a transaction report, you could also show the fee denominated in dollars as well. I would recommend storing your balances and transactions in their own currencies, as you will run into some very interesting problems otherwise. For example, let's say you used a reference currency tied to the dollar. So one day I exchange $ 100.00 USD for \u00a3 60.00. In this system I would still have 100 of my reference currency. However, if the next day, the exchange rate falls and $ 1.00 USD is only worth \u00a3 0.55, and I change my \u00a3 60.00 back into USD, I will get approxiamately $ 109.09 USD back for my \u00a3 60.00. If I then go and buy something for $ 100.00 USD, the balance of the reference currency would be at 0, but I will still have $ 9.09 USD in my pocket as a result of the fluctuating currency values! That is why I'd recommend storing currencies as themselves, and only showing them in another currency for convenience using calculations done \"\"on the fly\"\" at report runtime. Best of luck with your site!\""}
{"_id": "135227", "title": "", "text": "There are API libraries available to various banks in various programming languages. For example, in Perl there are many libraries in the Finance::Bank:: namespace. Some of these use screen-scraping libraries and talk to the GUI underneath, so they are vulnerable to any changes the bank makes to their interface, but some of the better banks do seem to provide back-end interfaces, which can then be used directly. In either case, you should still be sure that the transactions are secure. Some bank sites have appallingly bad security. :( A good place to start is to call your bank and ask if they offer any programming APIs for accessing their back end."}
{"_id": "135247", "title": "", "text": "Can we just focus on one? Can you explain the NBA?  I'm curious why it's ok to suggest that blacks have darker skin, but not they're stronger or more athletic? They're both physical traits. Who cares if it's true or not true? You'll never uncover the right answer if you go in wanting the answer to be a certain way."}
{"_id": "135287", "title": "", "text": "tl;dr: when everything is going great, it's not really a problem. It's when things change that it's a problem. Finally, home loans are extended over extremely long periods (i.e. 15 or 30 years), making any fluctuations in their value short-lived - even less reason to be obsessed over their current value relative to the loan. Your post is based on the assumption that you never move. In that case, you are correct - being underwater on a mortgage is not a problem. The market value of your house matters little, except if you sell it or it gets reassessed. The primary problem arises if you want to sell. There are a variety of reasons you might be required to move: In all of these scenarios it is a major problem if you cannot sell. Your options generally are: In the first option, you will destroy your credit. This may or may not be a problem. The second is a major inconvenience. The third is ideal, but often people in this situation have money related problems. Student loans can deferred if needed. Mortgages cannot. A car is more likely to be a lower payment as well as a lower amount underwater. Generally, the problem comes when people buy a mortgage assuming certain things - whether that's appreciation, income stability/growth, etc. When these change they run into these problems and that is exactly a moment where being underwater is a problem."}
{"_id": "135298", "title": "", "text": "In Addition to @JoeTaxpayer's answer, in the UK credit cards offer additional protection than if you were to pay by debit card. This includes (but is not limited to) getting your money back if the company you've bought something from goes bust before your order is complete."}
{"_id": "135343", "title": "", "text": "Rating agencies should be paid on accuracy, i.e. each bond issued pays x $ into a pool, and the bond companies whom are accurate over the maturity get a share of the pool.  Those whom are not, must add money to the pool. (Like an accuracy market!)"}
{"_id": "135352", "title": "", "text": "But it also can't be 1.46%, because that would imply that a 30Y US Treasury bond only yields 2.78%, which is nonsensically low. The rates are displayed as of Today. As the footnote suggests these are to be read with Maturities. A Treasury with 1 year Maturity is at 1.162% and a Treasury with 30Y Maturity is at 2.78%. Generally Bonds with longer maturity terms give better yields than bonds of shorter duration. This indicates the belief that in long term the outlook is positive."}
{"_id": "135362", "title": "", "text": "\"Life insurance may be tax-privileged under certain circumstances. The intent must be to buy an annuity, at retirement age. Unlike \"\"banksparen\"\", you must consider what happens if you die early.\""}
{"_id": "135363", "title": "", "text": "Investopedia states: While early exercise is generally not advisable, because the time   value inherent in the option premium is lost upon doing so, there are   certain circumstances under which early exercise may be advantageous.   For example, an investor may choose to exercise a call option that is   deeply in-the-money (such an option will have negligible time value)   just before the ex-dividend date of the underlying stock. This will   enable the investor to capture the dividend paid by the underlying   stock, which should more than offset the marginal time value lost due   to early exercise. So the question is how well do you see the time value factor here?"}
{"_id": "135366", "title": "", "text": "I actually did this once. I wrote a large check along with a letter indicating that I would not be around to receive the next bill so I was prepaying. Not only did they credit the entire check, they didn't send that bill and listed the charges on the next month's bill. They must have done that by hand because there's no way the machines would have understood."}
{"_id": "135404", "title": "", "text": "Blame Bernanke, blame 98% of congress- but don't leave out the democrats as your article does, blame the president, blame the schools, blame others &amp; blame yourself. All of this could be averted if people spent one day a year not watching TV but discussing topics with people.   We should not be scared to place blame, but only if it is well thought out and rational."}
{"_id": "135405", "title": "", "text": "In almost every circumstance high expense ratios are a bad idea. I would say every circumstance, but I don't want backlash from anyone. There are many other investment companies out there that offer mutual funds for FAR less than 1.5% ratio. I couldn't even imagine paying a 1% expense ratio for a mutual fund.  Vanguard offers mutual funds that are significantly lower, on average, than the industry. Certainly MUCH lower than 1.5%, but then again I'm not sure what mutual funds you have, stock, bonds, etc.  Here is a list of all Vanguard's mutual funds. I honestly like the company a lot, many people haven't heard of them because they don't spend nearly as much money on advertisements or a flashy website - but they have extremely low expense ratios. You can buy into many of their mutual funds with a 0.10%-0.20% expense ratio. Some are higher, but certainly not even close to 1.5%. I don't believe any of them are even half of that. Also, if you were referring to ETF's when you mentioned Index Fund (assuming that since you have ETFs in your tag), then 0.20% for ETF's is steep, check out some identical ETFs on Vanguard. I am not a Vanguard employee soliciting their service to you. I'm just trying to pass on good information to another investor. I believe you can buy vanguard funds through other investment companies, like Fidelity, for a good price, but I prefer to go through them."}
{"_id": "135411", "title": "", "text": "\"I think your question might be coming from a misunderstanding of how corporate structures work - specifically, that a corporation is a legal entity (sort of like a person) that can have its own assets and debts. To make it clear, let's look at your example. We have two founders, Albert and Brian, and they start a corporation called CorpTech. When they start the company, it has no assets - just like you would if you owned nothing and had no bank account. In order to do anything, CorpTech is going to need some money. So Albert and Brian give it some. They can give it as much as they want - they can give it property if they want, too. Usually, people don't just put money into a corporation without some sort of agreement in place, though. In most cases, the agreement says something like \"\"Each member will own a fraction of the company that is in proportion to this initial investment.\"\" The way that is done varies depending on the type of corporation, but in general, if Albert ends up owning 75% and Brian ends up owning 25%, then they probably valued their contributions at 75% and 25% of the total value. These contributions don't have to be money or property, though. They could just be general \"\"know-how,\"\" or \"\"connections,\"\" or \"\"an expectation that they will do some work.\"\" The important thing is that they agree on the value of these contributions and assign ownership of the company according to that agreement. If they don't have an agreement, then the laws of the state that the company is registered in will say how the ownership is assigned. Now, what \"\"ownership\"\" means can be different depending on the context. When it comes to decision-making, you could \"\"own\"\" one percentage of the company in terms of votes, but when it comes to shares of future profits, you could own a different amount. This is why you can have voting and non-voting versions of a company's stock, for example. So this is a critical point - the ownership of a company is independent of the individual contributions to the company. The next part of your question is related to this: what happens when CorpTech sees an opportunity to make an investment? If it has enough cash on hand (because of the initial investment, or through financing, or reinvested profits), then the decision to make the investment is made according to Albert and Brian's ownership agreement, and they spend it. The money doesn't belong to them individually anymore, it belongs to CorpTech, and so CorpTech is spending it. They are just making the decision for CorpTech to spend it. This is why people say the owners are not financially liable beyond their initial investment. If the deal is bad, and they lose the money, the most they can lose is what they initially put in. On the other hand, if CorpTech doesn't have the money, then they have to figure out a way to get it. They might decide to each put in an amount in proportion to their ownership, so that their stake doesn't change. Or, Albert might agree to finance the deal 100% in exchange for a larger share of ownership. Or, he could agree to fund all of it without a larger stake, because Brian is the one who set the deal up. Or, they might take out a loan, and not need to invest any new money. Or, they might find an investor who agrees to put in the needed money in exchange for a a 51% share, in which case Albert and Brian will have to figure out how to split the remaining 49% if they agree to the deal. The details of how all of this would work depend on the structure (LLC, LLP, C-corp, S-corp, etc), but in general, the idea is that the company has assets and debts, and the owners can have voting rights, equity rights, and rights to future profits in any type of split that they want, regardless of what the companies assets and debts are, or what their initial investment was.\""}
{"_id": "135415", "title": "", "text": "\"There are several ways you can get out of paying your student loans back in the USA: You become disabled and the loan is dismissed once verified by treating doctor or the Social Security Administration. You become a peace officer. You become a teacher; generally K-12, but I have heard from the DOE that teachers at state schools qualify as well. So the \"\"malicious\"\" friend B is prescribing to the theory that if one of those conditions becomes true, friend A will not have to pay back the loan. The longer you drag it out, the more chance you have to fulfill a condition. Given that 2 of these methods require a commitment, my guess is that they are thinking more along the lines of the first one, which is horrible. Financially, it makes no sense to delay paying back your loans because deferred loans are only interest-free until you graduate and are past your grace period, after which they will begin accruing interest. Unsubsidized loans accrue interest from the day you get them, only their payback is deferred until you graduate and exhaust your grace period. Anytime you ask for forbearance, you are still accruing interest and it is capitalizing into your principal \u2014 you are just given a chance to delay payback due to financial hardship, bad health, or loss of job. Therefore, at no point are you benefiting beyond the time you are in school and getting an education, still looking for a job, or dealing with health issues. In the current market, no CD, no savings account, and no investment will give you substantially more return that will offset the loss of the interest you are accruing. Even those of us in the old days getting 4.X % rates would not do this. There was a conditional consolidation offer the DOE allowed which could bring all your loans under one roof for a competitive 5.x-6.x % rate allowing you a single payment, but even then you would benefit if you had rates that were substantially higher. From a credit worthiness aspect, you are hurt by the outstanding obligation and any default along the way, so you really want to avoid that \u2014 paying off or down your loans are a good way to ensure you don't shoot yourself in the foot.\""}
{"_id": "135419", "title": "", "text": "I would recommend that you take out a loan large enough to cover both your Capex requirements AND give yourself a cash buffer.  Depending on the simulation and how aggressive you want/need to be (are you competing against other teams?), you may just want to leverage as much as you can and use high amounts of cash for all expenses and projects."}
{"_id": "135444", "title": "", "text": "Perhaps this will prod the administration to form some sort of new-era WPA to put a lot of people back to work. There will be a lot of retired military returning soon, adding to the unemployment problem. The country's infrastructure is falling apart. Putting a whole lot of people to work fixing things would be a very good thing."}
{"_id": "135453", "title": "", "text": "As other posters have pointed out, many other potential factors at play here besides value, but that said, a huge part of my long-term money that I don't want to manage myself is in actively managed EM funds."}
{"_id": "135474", "title": "", "text": "Want to make printable digital scrapbooking calendar as a gift for family or friends? Design your own wall or desk calendar and print ot at home or send them to a lab. You'll find all kinds of templates and calendar kits here. They are perfect for Christmas, Mother's Day, and Father's Day presents."}
{"_id": "135483", "title": "", "text": "If his credit union participates in the national Co-Op, then he will be able to withdraw money at any participating credit union. He could just bring cash a check out in his name, just like he would at home."}
{"_id": "135503", "title": "", "text": "Seriously, what he said. Learn HTML / CSS / php / MySQL and you can earn 100k/yr with ease. I've seen people learn it on their own within a year or less. As long as you're diligent and have a passion for building something awesome out of nothing you will learn slowly but surely. Even beginner programmers can make 60k a year without trying."}
{"_id": "135508", "title": "", "text": "Oil will not crash to $10 a barrel.  Green movement in wealthy parts of Europe and North America all you want, but the majority of the worlds population resides in poor and shit places.  Green energy will not take hold in these areas any time soon. Things as simple as recycling is still a very foreign concept to a good majority of the worlds population and you expect to change their infrastructure in the next few years?  Decrease in oil dependency may be easy in SF, but have you seen fucking Arkansas? Vancouver's public transportation can easily support people getting out of their cars, but have you seen fucking L.A? Sure, more bike lanes for Copenhagen and coal free Denmark, but fuck me...AFRICA."}
{"_id": "135509", "title": "", "text": "Tax accountant here.  The money is yours and you can do what ever you want with it. Just make sure to put it on the books as Loan Receivable and have an Interest Income account."}
{"_id": "135511", "title": "", "text": "\"I agree that cutting spending is generally a bad idea in a bad economy. However, we cannot sustain deficit spending forever. Our government has been spending money it doesn't have for decades. Now that we need spending to boost the economy, we've started to run out of ammunition. Years of stupid spending have caught up with us in the midst of a major depression. It's bad, but reality.  So many people (including many people here on Reddit) have ideas that our debt-GDP ratio isn't a problem. Many people have pointed out that other countries have survived with much higher GDP ratios than ours. That is true, but we can't make that comparison based on that one variable. Those countries seemed to be on the brink of a major economic expansion as they conquered market shares in the global economy or developed new industries. As their economies started booming, they were able to pay down their debts. People argue that when our economy improves we can do the same.  The problem is that after spending $5 trillion, we are still in a terribly stagnant economy after three years of recovery. How long do they think it is going to take before the recovery kicks in? It's inevitable that sooner or later we need to cut debts. Even if we do see a sudden economic rebound, the amount of debt it would take to get there would be extreme at this rate. That would require major cuts in spending which would send us right back where we started.  Some people say that paying the debt is similar to paying down a mortgage. By those standards we are doing fine and it is more than affordable. That is a bad argument. For one thing, the revenue we generate in taxes is coming from economic growth developed by that spending. If you cut one, you cut the other. The way our economy is working right now, in order to generate more revenue to pay down the debt, we need to take on more debt. Also, unlike a mortgage, we are at the mercy of the financial markets. When investors decide that we have too much debt, the rates will rise or they stop buying altogether. Then we have to rely on the federal reserve to finance it, which can cause serious inflation. If we lose our reserve status (anyone who thinks this isn't possible is sadly delusional) then we are basically going to end up like Greece because we wouldn't be able to pay off our debts to foreign investors with our printing press.  It's also important to note that America has a very big advantage it doesn't really deserve. We have the world reserve currency. People say that we deserve to have that because our economy is stronger. That is circular logic, because so much of our economic strength is due to the fact we had the reserve currency in the first place. Where would we be without it? Would we still be the strongest economy in the world? I think that's an impossible question to answer, because we have had it and given a free pass for so long that we don't know what life would be like. We can sit and chastise Europe for not doing as well as us, but the truth is we have a huge advantage so it's not a valid comparison. Also, we may be doing better for now. But if our sovereign debt bubble bursts (either due to the loss of world reserve currency status or otherwise) we won't be any better off.  I don't believe in austerity in a depression, but this unsustainable deficit spending seems equally reckless. I think we need a more strategic plan that rests somewhere in the middle ground. Cutting spending on wasteful projects and redirecting that money into areas that are going to have a high return on investment in the form of GDP growth. Obama's roads don't qualify. Otherwise, if we keep wasting money we will someday reach the point where deficit spending is no longer an option and we have to cut it regardless of how stagnant the economy is. That would be really bad and we need to change gears before we reach that tipping point.   To answer your question, I think the people you speak of are wrong, but not stupid. They certainly have good points. The problem is that everyone looks at it as an \"\"either/or\"\" situation rather than seeing a continuum where the real answer may lie somewhere in the middle.\""}
{"_id": "135514", "title": "", "text": "Yup. SAP and Oracle are customized to each individual company with little to no overlap. Being experienced in one companies SAP setup does not guarantee that one would be familiar with another companies set up.   Adding to that, Companies complaints about having people graduate without the skills they need is a load of bullshit. Instead of complaining should have partnered with the schools to make sure that students were learning and gaining experience in the things they actually need."}
{"_id": "135524", "title": "", "text": "\"Since you are going to be experiencing a liquidity crisis that even owning physical gold wouldn't solve, may I suggest bitcoins? You will still be liquid and people anywhere will be able to trade it. This is different from precious metals, whereas even if you \"\"invested\"\" in gold you would waste considerable resources on storage, security and actually making it divisible for trade. You would be illiquid. Do note that the bitcoin currency is currently more volatile than a Greek government bond.\""}
{"_id": "135536", "title": "", "text": "There are two things you need to keep in mind when you look at Inflation as an entity. Inflation is necessary to keep in check the value of goods. As per Moore's Law for example, a mobile phone that you buy for \u00a3100 today will be available for \u00a350 in two years. With increased purchasing power, one needs to maintain balance between the purchasing power and its value. If you think about the 'loss' at a rate of 2% you would have \u00a396.04 (in terms of today's value) in two years. But if you looked at the same cell phone as leverage for your business where it allowed you to do work and earn \u00a31000 in two years - the investment would clearly offset the cost of inflation. Inflation is incentive for people to spend their money. If you for example spent all of your \u00a3100 today, it is \u00a3100 income for someone else. He has further incentive to spend it creating a chain of transactions. In theory while this is a true mathematical loss, the increasing purchasing power helps you leverage your financial asset to get a return on your investment."}
{"_id": "135550", "title": "", "text": "Fuck. This isn't a business post, necessarily (in the business subreddit, I know), but I go to whole Foods to find really niche products (specialty-local coffee) and to get their desserts and eat a meal there while walking around. I hope they don't drop these portions of the WFM model."}
{"_id": "135554", "title": "", "text": "Safety shoes were once used by mine workers in South Africa and very few staff across the world. These Shoes were bulky, ugly and were used by men only if they really required strong protection. They come with waterproofing, steel toes, solid leather material to avoid any injuries to the feet. But today, ask any leather safety shoes supplier in Qatar, safety shoes are making fashion statements."}
{"_id": "135556", "title": "", "text": "\"If it could, it seems yet to be proven.  Long Term Capital Management was founded by a bunch of math whizzes and they seem to have missed something.  I'd never suggest that something has no value, but similar to the concept that \"\"if time travel were possible, why hasn't anyone come back from the future to tell us\"\" I'd suggest that if there were a real advantage to what you suggest, someone would be making money from it already.  In my opinion, the math is simple, little more than a four function calculator is needed.\""}
{"_id": "135571", "title": "", "text": "Capital One's normal master card is known to approve people with limited or bad credit history. If not that look into a secured credit card.  You put down a deposit of $200 or more and you get that much in credit, sometimes more."}
{"_id": "135577", "title": "", "text": "They are the largest non government employer in the country. They have an absolutely massive consumer base. They made that profit while constantly lowering prices for their customers. I bet you use them on a regular basis. It is kind of funny watching your faux indignation. Isn't Apple your product provider of choice? One of the most expensive over priced producers currently on the market. With one of the lowest paid work forces on the planet. But well paid for their market. You just ooze hypocrite. Like most Apple  social warriors. Its funny listening to people like you speak for others you would never be caught mingling with."}
{"_id": "135582", "title": "", "text": "\"Why even bother?  Why are you working?  Go get food stamps for this one reason, it's the only thing THEY give you in exchange fir policing all land use. You cannot even get police services. 911 is just a [make it worse] option : \"\"Stop attacking me or I will [make it worse] for both of us\"\" Soon a criminal wont even care vecause things can't get any worse.  Why are you working?\""}
{"_id": "135595", "title": "", "text": "There are several questions to answer before help can be given. How much revenue did you have this year? What is expected revenue growth for next few years? Are you operating as a sole proprietor, partnership or corporation? If a corporation did you maintain your books on the cash basis or accrual? I recommend you seek a CPA not a bookkeeper. And, don't wait until end of year to fund one."}
{"_id": "135596", "title": "", "text": "This might be better suited to r/personalfinance but if you're looking to invest I'd say start with an index fund. The MER's (fees) for most other mutual funds take too heavy a chunk of returns to be worth it in a market where actively managed funds are either underperforming of performing at par with passive funds.   Additionally if these are your first investments, make sure you're doing it with investment goals in mind. Is this money you're saving for short, medium, or long term? For medium and long term investing make sure you're doing it through a tax efficient instrument like an IRA or 401k."}
{"_id": "135603", "title": "", "text": "&gt; Also by your own definition, no one in the middle class is in poverty.   No.  By the US government's definition of poverty, nobody in the middle class is in poverty because they don't want to admit that the middle class is poor now.   &gt; I\u2019ve also never said everything is fine, I\u2019ve only said it\u2019s improving systematically.  And you're wrong.  Technology is improving our lives as our broken economic system erodes our prosperity.  You can focus on the improvements and ignore the growing problems and pretend everything's alright, but it's not.   Worldwide, the middle class is losing prosperity as measured by net-worth.  We have no money, and since we earn our money from each other, no way to earn it.  This is a growing systematic problem that technology can't solve, and is only making worse.  Since economic health depends on the ability of the public to spend money, reducing how much they have to spend is dangerous.  It makes for recession-prone, bubble-prone, collapse-prone economies.  Since economic collapse is a driving force behind radicalization, drug use, war, and starvation, we see these problems growing in places even as advances make them easier to solve.  The root of all of this is a broken economic system that is pushing us towards a dystopian future."}
{"_id": "135646", "title": "", "text": "Yeah, that's what I do, just buy the indices and forget it. My portfolio is so boring it's elegant, and makes money too.  4.5% YTD and 5.9% in 2016, not bad for a 30/70 stock bond split for this 70-year-old. Oh, did I tell you my costs are .06%! I am enjoying the freedom of my retirement."}
{"_id": "135647", "title": "", "text": "&gt; Also, wtf did the rich people do to deserve to be punished?  When America thrived from the 40s-60s the top marginal tax rates were in the 70%'s. The rich still got rich. Then they lobbied it down to the 30%s, doubling their take at our expense."}
{"_id": "135655", "title": "", "text": "There is a wide variety of housing styles tailored to give numerous options for families who are considering real estate property from Military in Virginia. This also means that the prices are pretty flexible, and people from different income levels can actually buy Military Homes for sale. One can choose from townhouses with several bedrooms to detached houses."}
{"_id": "135659", "title": "", "text": "By in large they are. I've worked in this industry. Inversions work because the US has CFC tax and the highest tax rate in the world, 35%. This means that any money made by the company in any part of the world is subject to US tax less tax paid locally.   E.g. Burger king in Dublin pays 12.5% locally and 22.5% to the US.  The company inverts to a country that doesn't have CFC then transfers all the non-US companies to the other jurisdiction.  Now what also tends to happen is income stripping such as intra-group, inter-company loans with the interest stripping earnings. That or intellectual property. However a company can only do that where the new group is made up of 80% other co and 20% existing co, at a minimum. This doesn't happen too much.  Have a look at this article by a top Irish law firm: http://www.arthurcox.com/wp-content/uploads/2014/07/April2014_SpotlightOn.pdf"}
{"_id": "135675", "title": "", "text": "You could use paypal to transfer money. You can pay with paypal and your UK contact could transfer the money to his bank account through paypal. I just received money this way from the US and paid 9 EUR for this. Receiving the funds is as quickly as clicking a button on the paypal site. Transfering it (without costs) took 1-3 days). It is by far the easiest way. If you are uncomfortable using paypal, the other option would be through your own bank account, where you would transfer using IBAN/SWIFT. The SWIFT bank account is usually the IBAN code plus a branch code. Often it is difficult to find the branch code, in that case you can use the IBAN+XXX. In the latter things might be delayed, but I actually haven't noticed the delay yet, since international transfer always seem to take between 1 and 10 days. The international transfering of money costs, except if it is within the EU region. The way to transfer money through Internet banking differs, from bank to bank. They keywords you need to look for are: SEPA, SWIFT, IBAN or international transfer."}
{"_id": "135688", "title": "", "text": "\"If you don't want to get income tax taken out of your check, then get a 1099 job and stop blubbering like a baby. You are not doing your case any help. If fact, I am more positive that \"\"anti-taxers\"\" are out of their gourd.\""}
{"_id": "135696", "title": "", "text": "&gt;I might have an answer! I imagine they're capitalizing on people's laziness. I live in the Bay Area where some people probably don't mind paying $35 to not have to walk 100 feet to the office and drop off a check.  Except that at their end they then have to deal with the cheques, have someone to receive them and so on, deal with the inevitable bounced cheques too.. Seems like a shitty plan, but yeah, I suppose if someone can gouge you they may well do so."}
{"_id": "135705", "title": "", "text": "The calculation is to figure out how many dollars you get in return for the amount of dollars you spend. In your case, you know you get 1000 points for $1000 dollars, and can redeem one movie ticket for 1000 points. Therefore, Granted that you could also redeem a $8-9 ticket, making your return 0.8-0.9%.  In addition, this can get more complicated for some points cards that may give out free points, and is especially so if there's an intermediary such as AIR MILES, for which points can be earned in numerous ways. To get really nitty gritty, you could to keep a spreadsheet where you list number of dollars spent, number of points gained, number of points redeemed, and value of reward received. Thus, you can figure out exactly what your cost is for each point (second factor from above), as well as the ultimate value of each point with respect to rewards redeemed (first factor). I'm considering doing that myself since I'm prone to spreadsheet addiction, but this method is likely overkill for most points cards."}
{"_id": "135724", "title": "", "text": "Yes. Not doing so would be like turning down a raise. The best advice in almost every situation is to at least contribute up to the amount that the company will match so you get the full benefit. One thing to clarify that you might not be understanding. The vesting period is only for the money the company matches, not your own investment. Even if you leave the company before the account is vested or fully vested, you can transfer to a 401k at your new employer, or roll over into an IRA, or take as taxable income (and pay a penalty if it is an early withdrawal), all your contributions together with any investment gains or losses that have occurred. Ditto whatever part of your employer match that has vested by the time you leave. Often, the employer matching contributions are invested in the  same funds in the same proportions that you have chosen for your own contributions and thus will have incurred the same gains or losses as your own contributions, but  what you are entitled to take with you is the part that has vested. Also, you mention that it is unlikely that you will stay the entire 5 years. However, if you plan to at least stay a couple of years it makes sense to get the 20%, 40%, etc. of the match that you vest during your stay. Again, it's free money."}
{"_id": "135765", "title": "", "text": "How much should a rational investor have in individual stocks? Probably none. An additional dollar invested in a ETF or low cost index fund comprised of many stocks will be far less risky than a specific stock. And you'd need a lot more capital to make buying, voting, and selling in individual stocks as if you were running your own personal index fund worthwhile. I think in index funds use weightings to  make it easier to track the index without constantly trading. So my advice here is to allocate based not on some financial principal but just loss aversion. Don't gamble with more than you can afford to lose. Figure out how much of that 320k you need. It doesn't sound like you can actually afford to lose it all. So I'd say 5 percent and make sure that's funded from other equity holdings or you'll end up overweight in stocks."}
{"_id": "135781", "title": "", "text": "I am 10 years out of college and been debt free for 4.  My school would have cost me $180k for 4 years.  I was aware of the cost to go to the school I wanted and so I worked in highschool for every possible scholarship available.  I then went into a degree program which I knew was a good investment, engineering.  I came out of college in the middle of the recession with you guessed it, around $100k in debt.  I moved to a place where the cost of living made it so I could get a job and save.  I did not live a lavish lifestyle, I invested my money well, and I worked hard.  Garbage in, garbage out.  Go to a bad school, not worth it.  Do not work hard in college, not worth it.  Work hard in a major which has no economic value, not worth it.  Do not set yourself up for success by working hard in high school, getting things like AP credits and scholarships, not worth it."}
{"_id": "135790", "title": "", "text": "With painful 20/20 hindsight, I earnestly say - max it out hard.  The reason is the sheer opportunity of it.  As a young person you have time on your side - you have so many years for the earnings to compound!  It is many times more advantageous to max it out now, than fail to do so and be in your 40s trying to catch up.   Use the Roth 401K if your company supports that.  After that, max out a Roth IRA if your income is low enough to use them.  Otherwise, max out a traditional IRA (this will not be tax deductible because your income is too high), and the next day, convert it to Roth. That conversion will be tax-free since you already paid taxes on that money.  401K money is untouchable.  No one can ever take it from you - not with a lawsuit, not with bankruptcy.  As such, never give it up willingly by borrowing from it or cashing it out early, no matter how serious the problem seems in the short term. How do you invest a 401K when the market is so scary?  I found out when I became a Board member overseeing management of an endowment.  Turns out there's a professional gold standard for ultra-long-term, high growth, volatility-be-damned investing. Who knew?"}
{"_id": "135798", "title": "", "text": "\"It depends on how big the dilution is. Could be a good trade. Do the math yourself, many times nobody else has as all the employees think they are going to get rich because \"\"options\"\" :)\""}
{"_id": "135801", "title": "", "text": "Sao Mai Building r\u1ea5t c\u00e1m \u01a1n v\u00ec \u0111\u01b0\u1ee3c Jimmy Group l\u1ef1a ch\u1ecdn l\u00e0 1 trong nh\u1eefng \u0111\u1ecba \u0111i\u1ec3m th\u00edch h\u1ee3p \u0111\u1ec3 \u0111\u1eb7t Tr\u1ee5 S\u1edf  Trong th\u1eddi gian qua, nhi\u1ec1u \u0111\u01a1n v\u1ecb bi\u1ebft \u0111\u1ebfn Sao Mai Building l\u00e0m H\u01b0\u01a1ng kh\u00f4ng hi\u1ec3u l\u00e0 v\u00ec sao \u2026 nay H\u01b0\u01a1ng \u0111\u00e3 hi\u1ec3u l\u00e0 v\u00ec Jimmy Group \u0111\u00e3 \u0111\u0103ng th\u00f4ng tin \u0111\u1ecba ch\u1ec9 12 Y\u00ean Th\u1ebf \u2013 Qu\u1eadn T\u00e2n B\u00ecnh c\u1ee7a Sao Mai Building.  H\u01b0\u01a1ng r\u1ea5t tr\u00e2n tr\u1ecdng v\u00e0 th\u1eadt l\u00f2ng c\u1ea3m k\u00edch JIMMY \u0111\u00e3 cho \u0111\u0103ng th\u00f4ng tin v\u1ec1 Sao Mai tr\u00ean trang t\u00e0i ch\u00ednh s\u1ea1ch c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 l\u00e0 V\u00e0ng V\u1eadt Ch\u1ea5t v\u00e0 c\u00e0ng c\u1ea3m k\u00edch h\u01a1n khi Jimmy Group \u0111\u00e3 g\u00f3p ph\u1ea7n gi\u1edbi thi\u1ec7u v\u1ec1 Sao Mai Building trong su\u1ed1t th\u1eddi gian qua.  R\u1ea5t c\u00e1m \u01a1n Jimmy Group v\u00e0 c\u00e1 nh\u00e2n JIMMY !"}
{"_id": "135807", "title": "", "text": "Yes, as long as you are responsible with the payments and treat it as a cash substitute, and not a loan. I waited until I was 21 to apply for my first credit card, which gave me a later start to my credit history. That led to an embarrassing credit rejection when I went to buy some furniture after I graduated college. You'd think $700 split into three interest-free payments wouldn't be too big of a risk, but I was rejected since my credit history was only 4 months long, even though I had zero late payments.  So I ended up paying cash for the furniture instead, but it was still a horrible feeling when the sales rep came back to me and quietly told me my credit application had been denied."}
{"_id": "135821", "title": "", "text": "they rather import than hire low quality local. that's pretty much what all US companies do right now. remember Cisco firing 1800 (5% of staff)? at the same time they are about to hire over 2000 abroad at new Cisco offices."}
{"_id": "135823", "title": "", "text": "\"Those advantages you've described (tax treatment and employee match) are what you receive in exchange for \"\"locking up\"\" the money. Ultimately it's a personal choice of whether that tradeoff makes sense for you situation (I'll echo the response that the real answer to your question is planning). Roth options (either 401K or IRA) may be good compromises for you, since you can withdraw those contributions (but not the earnings) without any penalty, since you've already paid taxes on them. Another avenue to explore may be a self-directed IRA or a Solo 401(k), depending on your circumstances and eligibility. In both cases, there are plan providers that structure the plan to allow you to use the money to invest in things besides traditional stocks, bonds, and mutual funds (often referred to as \"\"checkbook control\"\" accounts). They are very commonly used among Real Estate investors (this thread from BiggerPockets has quite a bit of info). You'd want to consult with an accountant or financial adviser before going down that path.\""}
{"_id": "135839", "title": "", "text": "People did go to jail for crimes ranging from mortgage fraud to traders cheating customers when selling MBS products. Two, it wasn't a little bit of regulation, Dodd frank put massive capital handcuffs on wall st. The bill being voted on now is to decrease some of the harshest parts of DF, not to remove the whole thing. And three, the only thing that compares to 2008 is 1929 to 1941, the Great Depression. Something like that won't be seen again for 100 years. The best thing to do when the economy goes through a recession is to hold on to what you have, ride it out, and if you have the capital, buy when stocks are cheap."}
{"_id": "135845", "title": "", "text": "It depends on the market that you participate in. Stock markets are not zero sum as JoeTaxpayer explained. On the other hand, any kind of derivative markets (such as options or futures) are indeed zero sum, due to the nature of the financial instruments that are exchanged. Those markets tend to be more unforgiving. I don't have evidence for this, but I believe one of the reasons that investors so often lose their money is psychology. The majority of us as humans are not wired to naturally make the kinds of rigorous and quick decisions that markets require, especially if day trading. Some people can invest time and energy to improve themselves and get over that. Those are the ones who succeed."}
{"_id": "135849", "title": "", "text": "&gt; Cheaper energy is equivalent to a pay raise  No it isn't.  A pay raise can be distributed as the payee feels fit, cheaper energy only serves one area of expenditure, which as I stated, isn't the major area that somebody who is struggling financially needs help.  We don't need more competitive pricing in products, we need business in America to stop focusing on profits for their shareholders over providing decent wages to their employees.  America is one of the most  (if not the most) competitively priced marketplace in the world.  The average person doesn't give a shit that flowerpots cost $3.40 each instead of $3.60, they care that they have shitty healthcare, cannot afford to buy a house, cannot afford rent, cannot afford decent food, have no job security.    Corporate profits have skyrocketed, the super-rich keep getting richer, bankers make decisions based on their bonuses rather than the sustainability of their decisions.  Cheaper energy isn't going to solve one of those problems.  Corp. profits vs wages:  http://www.zerohedge.com/news/trade-record-corporate-profits-your-miserable-salary"}
{"_id": "135873", "title": "", "text": "\"Does your company offer a 401k? or similar pre-tax retirement plans? Is your company a publicly traded company? These questions are important, basically the key to any of your investments should be diversification. This means buying more than one kind of investment, amongst stock(s), bonds, real estate or more. The answer to \"\"How Much\"\" of your salary should go to company stock, is subjective. I personally would contribute the max toward a retirement plan or even post-tax savings, which would be invested in a variety of public companies.  Hope that helps.\""}
{"_id": "135877", "title": "", "text": "Stock markets have not been the cause of any of the problems. They display the symptoms of the problems, but they don't cause them.  The problems have been caused by the corruption of government (lobbying and political donations), insufficient, excessive and inappropriate regulation, and ignorance on the part of those who vote (demanding more services and less taxes and worrying more about wedge issues than sound governance)."}
{"_id": "135879", "title": "", "text": "If you are younger, and you not under undue pressure to buy a home at any particular time, investing in the market is a reasonable way to prepare.  Your risk tolerance should be high.   Understand that this means you may buy in 3-4 years instead of 1-2 if the market takes a down turn.  It took ~3-4 years for the S&P 500 to recover from the 2008 crash. I doubt anything that severe is in the making, but there is always an element of risk involved in investing. If you and your family will be busting at the seams of your current rental in a year, then maybe the bond fund advice others have provided is a better option.  If you are willing to be flexible, a more aggressive strategy might be appropriate. Likely, you want something along the lines of the Vanguard S&P 500 mutual fund - something that is diversified (a large number of stocks), in relatively safe companies (in this case the 500 companies that Standard and Poor's think are most likely to repay corporate bonds), and 'indexed' vice 'actively managed' (indexed funds have lower fees because they are using 'rules' to pick the stocks rather than paying a person to evaluate them.) It's going to depend on you and your situation - and regardless of what you choose consistency will be key: put your investment on automatic so it happens every month without your input."}
{"_id": "135896", "title": "", "text": "\"What was the true reason they wanted to use my accounts for? We wouldn't know the true reason. The scammer can do multiple things. What exactly he would do in your case ... I am very eager to know what a person was up to who would give to me so much information about themselves. I know some of you will jump on the chance to yell \"\"it was not their true address\"\", but.... it is where they wanted me to send the cards to. And I was to give proof of my identification ie; a copy of my drivers license, my articles of incorporation and the real estate development project prospectus. Also they were only willing to work with certain banks ie; Citibank, Bank of America etc. I can not understand what they were doing wanting such access to accounts that had no money in them save the amount I used to open them with. It looks more like they would open accounts under your name, but they would be controlling the accounts. i.e. what goes in and out. i.e. they would be able to deposit and withdraw from a new account they set-up. They would want to use this account for illegal activities, so that if caught, the account opening paper trail leads to you. Even if they gave you an address, it could be rental. Like they have copies of your Company registration and ID proofs, they can use these to get another rental property ... and then send letters to some and ask them to met there.\""}
{"_id": "135901", "title": "", "text": "Assisted living can give seniors a new lease of life; it can be the best place for them.     There are many benefits offered by these assisted living facilities:   Safety \u2013 it provides a safe and comfortable environment for elders. Certain installations like bars to grab onto while in the shower or ramps and panic call buttons can go a long way in reducing falls and accidents.     As safe as we may try to be, accidents do happen. There is always a 24-hour emergency alert system so if residents have emergencies in their own apartment or room, they can summon immediate help. These facilities also hire trained professionals who work round the clock to attend to these emergencies.    Meals \u2013 there are many elders who don\u2019t enjoy eating alone. Assisted living community offers freshly prepared meals. The main pull, however, are the communal meals. People tend to eat better when they have company.     Transportation \u2013 most centers provide group transportation for shopping, community events, and clinic appointments. This gives elders the freedom to go where they want to, with no restrictions what so ever.     Less worry- residents will not have to worry about repair responsibilities. If something is not working, they simply alert the administration and the problem is fixed. Living is a community eliminates the fear of letting in a stranger to fix a bathroom pipe and getting an expensive repair bill.     Socialization- this is perhaps the best reason to let elders stay in an assisted living community. Social skills of elders can decline as lifelong friends have health issues or have died. This can cause depression to set in and a reluctance to be socially active. At assisted living communities, ones the residents adjust to the lifestyle, they start enjoying the company of like-minded people. They play cards together, listen to music, exercise, have snacks, go to community events and even invite people over to entertain them. They can even enjoy intellectual stimulation as most communities provide classes, book clubs and art workshops to help them expand their horizon and keep their senses sharp.     Summerfield is one such Utah Retirement home, where residents get assistant as per their requirement and still enjoy their independence.  Visit Us: http://sta.sh/01elak39wpju"}
{"_id": "135928", "title": "", "text": "I like the article concept, about seeking help where needed. This is something where an advisory board comes into play.   That said, it is super important that you seek advice specifically in areas you are lacking. You want fresh ideas and people that will challenge your ideas."}
{"_id": "135932", "title": "", "text": "\"The June 2014 issue of Barclays Wealth's Compass magazine had a very nice succinct article on this topic: \"\"Value investing \u2013 does a rules-based approach work?\"\".  It examines the performance of value and growth styles of investment in the MSCI World and S&P500 arenas for a few decades back, and reveals a surprisingly complicated picture, depending on sector, region and time-period. Their summary is basically: A closer look however shows that the overall success of value   strategies derives mainly from the 1970s and 1980s. ... in the US, value has underperformed growth for over 25 years   since peaking in July 1988. Globally, value experienced a 30% setback   in the late 1990s so that there are now periods with a length of   nearly 13 years over which growth has outperformed. So the answer to \"\"does it beat the market?\"\" is  \"\"it depends...\"\". Update in response to comment below: the question of risk adjusted returns is interesting.  To quote another couple of fragments from the piece: Since December 1974, [MSCI world] value has outperformed growth by   2.6% annually, with lower risk. This outperformance on a risk-adjusted   basis is the so-called value premium that Eugene Fama and Kenneth   French first identified in 1992... and That outperformance has, however, come with more risk. Historical   volatility of the pure style indices has been 21-22% compared to 16%   for the market. ... From a maximum drawdown perspective, the 69% drop   of pure value during the financial crisis exceeded the 51% drop of the   overall market.\""}
{"_id": "135937", "title": "", "text": "OP:  - I graduated with a Finance Degree from USC with a focus on financial analysis and valuation  - Failed to get accept into one of the major investment banks with a 3.7 (turned out for the best). I thought my world was fucking over.   My career trajectory in the last 4 years has been:  Commercial Insurance (1.5 years, 40hrs/week)&gt; Consulting (1.5 years, 80hrs/week) &gt; Technology firm (current, ~40hrs/week).  At this point, I have parlayed by financial modeling experience into a strategy and corporate planning role.  My income has gone from 50K to 85K in those 4 years.   Takeaway: Don't worry so much about being at a target school. Connections/internships (which you can get despite your school of choice) will determine where you end up. Join any relevant investing / finance clubs. Develop a network and learn to leverage that network's network (I didn't learn the true value of this until after I graduated). Furthermore, there are a VARIETY of small, boutique firms where you could get an internship/first-job that would be  great springboard into a larger firm. Sometimes your circumstance dictates a small start with a rapid increase. Do not get so hung up on your school and focus more on the opportunities your school opens up for you, and take advantage of those."}
{"_id": "135940", "title": "", "text": "\"Corporations aren't required to uphold your civil rights. A business can kick you out for hate speech, for any speech, or for carrying a gun, or whatever other reason they want.   They can't do it on the basis of inclusion in a protected class, and I'm fine with that being the line.  Who said I want to start a fight with you? I merely responded to your points.  Corporations should be able to \"\"oppress\"\" as much as they want except against people in a protected class based on their inclusion in that class. (Ie, if you don't want to bake a gay wedding cake for John because he's gay, that's not okay. If you don't want to bake a gay wedding cake for John because he's being a dick to your staff, that's fine.)\""}
{"_id": "135954", "title": "", "text": "Without knowledge of the special provisions of your loan contract, the one with the highest interest rate should be paid first. Or, if one's fixed payment is much larger than the other, and it is a burden, then it should be paid first, but refinancing may be an option. Socially speaking and possibly even economically since it could affect your reputation, it is probably best to either refinance the cosigned loan or pay that off as rapidly as possible. Economically speaking, I would recommend no prepayment since the asset that is leveraged is your mind which will last many decades, probably exceeding the term of the loan, but some caveats must be handled first: Many would disagree, but I finance the way I play poker: tight-aggressive."}
{"_id": "135960", "title": "", "text": "If you have a negative balance on your credit card, you can call the issuer and have them send you a check for the amount. Some will do it automatically for large amounts or if it stays negative over some period of time. Usually credit card issuers don't let paying more than the current balance, but it still can happen sometimes if you pay off your balance and then get a refund, for example."}
{"_id": "135970", "title": "", "text": "Geloman's Indian Spares provide all types of  Indian motorcycle's spare parts in the United States. We design the every spare part of the Indian motorcycle. Our huge spare parts collection corresponds to the 741 model. If you have an Indian 741 Motorcycle and you want to service and change the spare parts this motorcycle, then you can visit our workshop. It derived from the two famous Indian Scout models already in production for several years."}
{"_id": "135982", "title": "", "text": "Just my opinion, but if their prices were the same at Amazon AND if there customer service wasn't a joke, I'd rather  buy it in person.  The ability to return things if needed are much easier at a store than through the mail."}
{"_id": "136002", "title": "", "text": "I imagine that they check it because if they accept one from you and then their bank discovers it when they try to pay it in, it's their loss."}
{"_id": "136018", "title": "", "text": "\"The \"\"Yield Pledge\"\" looks like a marketing promise to me. It may well be true, but I'm not sure it's useful. As you say, it's currently not the best account out there. If those extra $24 per $10000 are really important to you, why not do your own analysis? Put the money in the highest interest account you can find, and then every three months survey the accounts available and, if it isn't still the highest, transfer the funds to the one that is. Personally I wouldn't put that much effort in for $24, but you may be different.\""}
{"_id": "136029", "title": "", "text": "&gt; Observe this in the corporate world by looking at the example of General Motors. G.M.\u2019s 2009 bankruptcy came at the end of a long decline dating back to the early 1970s, when Japanese cars first began to intrude on U.S. markets.  So what you're saying is that Microsoft has only 40 years left.  That sounds terrifying indeed."}
{"_id": "136035", "title": "", "text": "So the OP said you can live a decent life on min wage, but the only way to do it is to suck off of the rest of your family, or work staggered shifts?  Ahh, never seeing your spouse, the american dream in action!"}
{"_id": "136040", "title": "", "text": "No. Getting more credit lowers your credit utilization ratio (if you don't use it), which raises your credit rating, this can also be done by asking for a higher limit on your existing credit card. Also, there is a chance that the company you got your first card from won't pull your credit a second time when they go to the underwriter. As any extensions of credit lower your credit score, although the credit utilization ratio is weighted more heavily."}
{"_id": "136042", "title": "", "text": "Yes, if the call expires worthless, leaving you with stock. Then you can exercise your put when the stock goes below put strike price."}
{"_id": "136043", "title": "", "text": "Lucky that I found the trade association for my industry, volunteered to do an additional 2-3 hours of work for free for two years and got a lead on an internship for my troubles? I guess, if you call that luck. I don't, I fucking earned it."}
{"_id": "136047", "title": "", "text": "\"If you make $10 in salary, $5 in interest on savings, and $10 in dividends, your income is $25, not $10. If you have a billion dollars in well-invested assets, you can take a loan against those assets and the interest payment on the loan will be smaller than the interest you earn on the assets. That means your investment will grow faster than your debt and you have a net positive gain. It makes no sense to do this if the value of your asset is static. In that case, you would be better off just to withdraw from the asset and spend it directly, since a loan against that static asset will result in you spending your asset plus interest charges. If you have a good enough rate of return on your investment, you may actually be able to do this in perpetuity, taking out loan after loan, making the loan payments from the loan proceeds, while the value of your original asset pool continues to grow. At any given time, though, a severe downturn in the market could potentially leave you with large debts and insufficient value in your assets to back the debt. If that happens, you won't be getting another loan and the merry-go-round will stop spinning. It's a bit of a Ponzi scheme, in a way. The U.S. government has done exactly this for a long time and has gotten away with it because the dollar has been the world's reserve currency. You could always get a loan against the value of the U.S. currency in the past. Those days may be dwindling, with more countries choosing alternative currencies to conduct business with and the dollar becoming comparatively weaker into the foreseeable future. If you have savings, you can spend more than you make, which will put you into debt, then you can draw down your savings to pay that debt, and at the end of the month you will be out of debt, but have less in savings. You cannot do this forever. Eventually, you run out of savings. If you have no savings, you immediately go into debt and stay there when you spend more than you make. This is simple arithmetic. If you have no savings, but you own assets (real estate, securities, a collection of never-opened Beatles vinyl records, a bicycle), then you could spend more than you make, and be in debt, but have the potential to liquidate assets to pay off all or part of the debt. This depends on finding a buyer and negotiating a price that helps you enough to make a real difference. If you have a car, and you owe $10 on it, but you can only find a buyer willing to pay $8 for the car, that doesn't help you unless you can refinance the $2 and your new payment amount is lower than the old payment amount. But then you're still $2 in debt on the car even though you no longer possess it, and you've still increased your debt by spending more than you made. If you stay on this path, sooner or later you will not have any assets left and you will be in debt, plain and simple. As a wrinkle in the concrete example, let's say you have stock options with your employer. This is a form of a \"\"call.\"\" You could also purchase a call through a broker in the stock market, or for a commodity in the futures market. That means you pay up front for the right to buy a specific amount of an asset at a fixed price (usually with an expiration date). You don't own the stock, you just have the right to buy it at the call price, regardless of the current market value when you buy it. In the case of employee stock options, your upfront cost is in the form of a vesting schedule. You have to remain employed for a set time before a specific number of stocks become eligible for you to purchase at your option price (the stocks \"\"vest\"\" on a certain date). Remain employed longer, and more stocks may vest, depending on your contract. If you quit or are terminated before that date, you forfeit your options. If you stick around through your vesting schedule, you pay real money to buy the stock at your option price. It only makes sense to do this if the market value of the stock is higher than your option price. If the current market value is lower than your option price, you're better off just buying the asset at the current market value, or waiting and  hoping that the value increases before your contract expires. You could drive yourself into debt by spending more than you make, but still have a chance to eliminate your debt by exercising your call/option and then re-selling the asset if it is worth more than what you pay for it. But you may have to wait for a vesting period to elapse before you can exercise your option (depending on the nature of your contract). During this waiting period, you are in debt, and if you can't service your debt (i.e. make payments acceptable to your creditors) your things could get repossessed. Oh, don't forget that you'll also pay a brokerage fee to sell the asset after you exercise your option. Further, if you have exhausted your savings and nobody will give you a loan to exercise your stock (or futures) options, then in the end you would be even further in debt because you already paid for the call, but you are unable to capitalize it and you'll lose what you already paid. If you can get a loan to exercise your option, but you're a bad credit risk, chances are good that the lender will draft a contract requiring you to immediately pay back the loan proceeds plus a fee out of the proceeds of re-selling the stock or other asset. In fact the lender might even draft a contract assigning ownership of your options to them, and stipulating that they'll pay you what's left after they subtract their fee. Even if you can get a traditional loan, you will pay interest over time. The end result is that your debt has still cost you very real money beyond the face value of the debt. Finally, if the asset for which you have a call has decreased in value lower than the current market value, you would be better off buying it directly in the market instead of exercising your option. But you'll pay transaction fees to do that, and the entire action would be pure speculation (or \"\"investment\"\"), but not an immediate means to pay off your debt. Unless you have reliable insider trading information. But then you risk running afoul of the law. Frankly it might be better to get a loan to pay off your debt than to buy an \"\"investment\"\" hoping the value will increase, unless you could guarantee that the return on your investment would be bigger than the cumulative interest and late fees on your debt (or the risk of repossession of your belongings). Remember that nothing you owe a debt on is actually yours, not your house, not your car, not your bicycle, not your smartphone. Most of the time, your best course of action is to make minimum payments on your lowest-interest debts and make extra payments on your highest interest debt, up to the highest total payment you can tolerate (set something aside in a rainy day fund just in case). As you pay off the highest-interest debt, shift the amount you were paying on that debt to make extra payments on your next highest-interest debt until that one is paid off, and repeat on down the line until you're out of debt, then live within your means so that you don't find yourself working at McDonald's because you don't have a choice when you're in your 80's.\""}
{"_id": "136071", "title": "", "text": "I don't know if anyone has heard of this road trip that's coming up, but it should be a great gathering of some of business' brightest minds. I'll be at the Portland, OR event and possibly the Seattle event.   Who else is going?"}
{"_id": "136073", "title": "", "text": "If the Euro went bust then it would be the 12th government currency to go belly up in Europe (according to this website).  Europe holds the record for most failed currencies.  It also holds the record for the worst hyperinflation in history - Yugoslavia 1993.  I'm not sure what would happen if the Euro failed.  It depends on how it fails.  If it fails quickly (which most do) then there will be bank runs, bank holidays, capital controls, massive price increases, price controls, and just general confusion as people race to get rid of their Euros.  Black markets for everything will pop up if the price controls remain in place.  Some countries may switch to a foreign currency (i.e. the US dollar if it is still around) until they can get their own currency in circulation."}
{"_id": "136083", "title": "", "text": "I don't know what you mean by ad spend, but have you checked out glassdoor or indeed.com? They both give you a salary range for common positions in your area. Don't offer the maximum number you see, be reasonable based on your experience and such."}
{"_id": "136086", "title": "", "text": "Although this is off-topic since it is about economics I'm going to write a short answer in case it is decided that it is on topic. I will remove this if it gets migrated. The key to why printing extra money causes inflation and a change in exchange rate has nothing at all to do with whether or not it is announced or done in secret. The quantity of money in circulation (by whichever measure) is what informs the value of the currency not whether you tell people that it has changed or not. Announcing it should increase the volatility somewhat around the time of the announcement but the long term effects will be the same no matter what. Whether or not they announce it printing more money will mean that there is more in circulation which will reduce the value of each unit of the currency by the dilution amount which in turn will increase inflation and decrease the exchange rate."}
{"_id": "136112", "title": "", "text": "It is almost always cheaper to do regular maintenance then to fix problems because you didn't change the oil or check the transmission fluid."}
{"_id": "136131", "title": "", "text": "Simply put, the government has no balls to fight corruption.  Ideally, the government would have enough people to oversee and make sure corruption like this doesn't happen. But the politicians cut a lot of money out for this type of enforcement (primarily because they had money donated to them by these same businesses). This looks great for the politician as it looks like they're cutting government fat, let's say something like a hundred million dollars. These opportunists fleece these companies and when they go under, they plead and beg the government to bail them out or else they'll have to fire all these people and it'll kill the economy. So the government steps in and bails out these companies for a few billion - now they look like they are being proactive and 'saving' the economy.  All at the expense of you of course. It's too bad politicians don't do what they believe is best but do what their donors believe is best for themselves."}
{"_id": "136138", "title": "", "text": "This isn't super specific to your question, but I'd recommend that you invest a ton of time in practice questions (then review the answers to the ones you got wrong). This is a good strategy for most exams, but it's particularly true for the Series 7, as the S7 is notorious for using questions on the actual exam that are almost identical to practice questions. I was amazed at how many questions I recognized almost word-for-word when I took it.   I recently took my CFP test, so I'm pretty brushed-up on testing concepts and that sort of thing right now. If you are running into anything in particular, feel free to PM me!"}
{"_id": "136139", "title": "", "text": "A credit card is not a bank account.  It is, essentially, a contract to extend a line of credit on an as needed basis through a process accepted by the provider(purchase through approved vender, cash advance, etc).  There is no mechanism for the bank to accept or hold a deposit.  While most card issuers will simple retain the money for a period of up 30-60 days to apply toward transactions, I have had a card that actually charged a fee for having a negative balance in excess of $10 for more than 30 days(the fee was $10/month). So no you can not DEPOSIT money on any credit card.  You need an account that accepts deposits to make a deposit."}
{"_id": "136140", "title": "", "text": "Absolutely.  We used to go to Applebee's or TGI Fridays back in the 90's regularly.  Food was good, atmosphere was fun.  Closest analogue I can come up with today would be Bar Louie - nice.  Now, they've cut back on so many expenses it's just not what it used to be.  Food is crap, service is meh, the value just isn't there anymore.  I'd rather go to my local guy with 40 craft taps and a damned good burger I know was fresh rather than spend the same amount of money on a reheated burger and a bud light."}
{"_id": "136212", "title": "", "text": "In the United States, the Securities Investor Protection Corporation protects the first $500,000 you have at a brokerage including up to $250,000 in cash. This means that if the firm holding your securities fails financially, you have some coverage. That insurance does not prevent your investment itself from losing money. Even traditionally save money market funds can potentially lose value in a situation called Breaking the buck. This means that the Net Asset Value of the fund falls below $1/share. Alas, during periods of market calamity, even traditionally safe stores of value are subject to increased risk."}
{"_id": "136223", "title": "", "text": "Eh, to be completely fair to Marissa, she was Google's first Product Manager. The entire point of a PM is that they're the CEO of their product and determine the strategy of the product going forward. Yeah she made a bunch of idiotic moves, but on paper, she was a pretty decent fit and had tons of experience in the same market Yahoo was in, and at an executive level as well."}
{"_id": "136239", "title": "", "text": "A business consultant is more of an expert you turn to for help with your business. They teach you skills you don\u2019t know, analyze your business and create an action plan for you to implement. Business consultants the goals you have for your business and help you create the plan of action required for you to actually accomplish those goals!"}
{"_id": "136247", "title": "", "text": "There is no sure thing in investing. Everything has a risk component. Sure, people talk about these cryptocurrencies like they have nowhere to go but up, but there are massive risks with these. For example, they could be declared illegal, the exchanges could go bankrupt (and some have), the backing companies off the ICOs could fail, the algorithms behind them could have a fatal flaw with unknown consequences, they can be stolen in unusual ways, everyone could suddenly realize that they have no real value..."}
{"_id": "136258", "title": "", "text": "I think you hit the nail on the head there!  HP used to innovate with lots of R&amp;D investment, until it started to stall and like what you mentioned, these CEOs simply look at most of these as 'COST centre' and took them out.   &gt; Tough to innovate with nothing but sales and marketing.  I like that!"}
{"_id": "136262", "title": "", "text": "I got that notion from Max Kaiser, his ideas about that are mostly about interest rate apartheid - banks and rich people get money at zero interest, we pay 9, 10, 30%.  I think it involves everything from how we are seen in the eyes of the law to assuming risk, etc.  We are expected to play by the rules and they are not."}
{"_id": "136270", "title": "", "text": "The vanilla advice is investing your age in bonds and the rest in stocks (index funds, of course). So if you're 25, have 75% in stock index fund and 25% in bond index. Of course, your 401k is tax sheltered, so you want keep bonds there, assuming you have taxable investments. When comparing specific funds, you need to pay attention to expense ratios. For example, Vanguard's SP 500 index has an expense ratio of .17%. Many mutual funds charge around 1.5%. That means every year, 1.5% of the fund total goes to the fund manager(s). And that is regardless of up or down market. Since you're young, I would start studying up on personal finance as much as possible. Everyone has their favorite books and websites. For sane, no-nonsense investment advise I would start at bogleheads.org. I also recommend two books -  This is assuming you want to set up a strategy and not fuss with it daily/weekly/monthly. The problem with so many financial strategies is they 1) don't work, i.e. try to time the market or 2) are so overly complex the gains are not worth the effort. I've gotten a LOT of help at the boglehead forums in terms of asset allocation and investment strategy. Good luck!"}
{"_id": "136280", "title": "", "text": "A 401(k) is an investment just like any other investment. You generally get two types of return lumped into that number, but there can be more and you should read your funds prospectus carefully. If you aren't investing in direct companies, you're using mutual funds for instance, then you should read the funds prospectus to see how they handle these situations for the underlying securities they hold for you. Although I think this is the basic answer to the question as you asked."}
{"_id": "136282", "title": "", "text": "I think the strategy may be promising, you can run seasonality tests on a lot of different instruments.....  but always fear the data mining bias, meaning the future probability of these events may only be 50/50.  I.e. Is there an actual relationship or are you uncovering a relationship of noise?  The classical way to doing this is to partition your data into two sets, (i.e. every odd year vs even year).  Uncover relationships in one set. Then test the other to see if it is present there."}
{"_id": "136283", "title": "", "text": "\"Yahoo Finance: http://finance.yahoo.com/q/pr?s=VFINX+Profile Under \"\"Management Information\"\"\""}
{"_id": "136284", "title": "", "text": "Call Comcast during a non-peak time (first thing in the morning?), wait on hold, and politely explain what happened and request a $50 credit. Also politely request that your premium support request be handled for free given how much hassle you've had getting disconnected. They'll be able to tell your premium request was never answered because there are no notes on your support tickets. Calling them is much easier than any of your other options."}
{"_id": "136295", "title": "", "text": "Because now instead of getting a little profit from the kits they might get a lot more when peple have to buy one of their brands. I am sure they thought this through and know a lot more about I than anyone here."}
{"_id": "136307", "title": "", "text": "I like to put money I am going to spend in my Quicken register (similar to Money in my limited experience) and that is the big ticket feature missing from mint.com.  Mint.com can only tell you what you did, or in a very general sense what you plan to do. As a register, mint.com is flexible enough for me to categorize my transactions.  As a planning / budgeting tool mint.com is very simple and fast to get going, but lacks the depth of a budget I want to manage every week.  Mint.com also tracks my investments, but I freely admit my investment management is nothing more than putting money into the same accounts.  I bother with investment tracking other than looking to see it isn't zero. I say try mint.com.  Mint.com has a place to totally delete your account."}
{"_id": "136315", "title": "", "text": "\"Also within Germany the tax offices usually determine which tax office is responsible for you by asking where you were more than 180 days of the year (if e.g. you have a second flat where you work). That's a default value, though: in my experience you can ask to be handled by another tax office. E.g. I hand my tax declaration to my \"\"home\"\" tax office (where also my freelancing adress is), even though my day-job is 300 km away.  So if you work mostly from Poland and just visit the German customer a few times, you are fine anyways. Difficulties start if you move to Germany to do the work at your customer's place. I'm going to assume that this is the situation as otherwise I don't think the question would have come up.  Close by the link you provided is a kind of FAQ on this EU regulation About the question of permanent vs. temporary they say: The temporary nature of the service is assessed on a case-by-case basis.  Here's my German-Italian experience with this. Background: I had a work contract plus contracts for services and I moved for a while to Italy. Taxes and social insurance on the Italian contracts had to be paid to Italy. Including tax on the contract for services. Due to the German-Italian tax treaty, there is no double taxation. Same for Poland: this is part of EU contracts. By the way: The temporary time frame for Italy seemed to be 3 months, then I had to provide an Italian residence etc. and was registered in the Italian health care etc. system. Due to the German-Italian tax treaty, there is no double taxation. Same for Poland: this is part of EU contracts. Besides that, the German tax office nevertheless decided that my \"\"primary center of life\"\" stayed in Germany. So everything but the stuff related to the Italian contracts (which would probably have counted as normal work contracts in Germany, though they is no exact equivalent to those contract types) was handled by the German tax office. I think this is the relevant part for your question (or: argumentation with the German tax office) of temporary vs. permanent residence.  Here are some points they asked: There is one point you absolutely need to know about the German social insurance law: Scheinselbst\u00e4ndigkeit (pretended self-employment). Scheinselbst\u00e4ndigkeit means contracts that claim to be service contracts with a self-employed provider who is doing the work in a way that is typical for employees. This law closes a loophole so employer + employee cannot avoid paying income tax and social insurance fees (pension  contributions and unemployment insurance on both sides - health insurance would have to be paid in full by the self-employed instead of partially by the employer. Employer also avoids accident insurance, and several regulations from labour law are avoided as well). Legally, this is a form of black labour which means that the employer commits a criminal offense and is liable basically for all those fees.  There is a list of criteria that count towards Scheinselbst\u00e4ndigkeit. Particularly relevant for you could be\""}
{"_id": "136324", "title": "", "text": "\"This is a joke article, right?  Besides the fact the author apparently can't use a space bar to save his life, the article is basically saying \"\"Silly CEO, you expect all these creative free spirits to do actual 'work'?  What's wrong with you, being concerned with things like 'profit'. If you want to hire a bunch of disloyal slackers who will jump ship the second someone else utters the word 'stock options', you're going to have to get over this whole 'work ethic' thing.\"\"\""}
{"_id": "136325", "title": "", "text": "It just means that they think that in the long-term, interest rates should be around 3-4%, i.e. probably between 3% and 4%, but perhaps a bit lower or higher occasionally."}
{"_id": "136337", "title": "", "text": "Well, all the client visits in the world aren't going to help them if their active strategies are on par with passive so if they have resigned themselves to that fate they should just call it a day and wrap up shop."}
{"_id": "136346", "title": "", "text": "How about the fact that when a stranger calls me at 3pm on a Tuesday it means only a few things:  * I've forgotten to pay a bill * Someone I know is in the hospital * Someone wants my opinion on something I don't care about  At 3pm on a Tuesday (like nearly every other weekday afternoon) I'm busy.  I answer the phone to ensure it isn't a forgotten bill or someone in the hospital, but it's usually someone trying to sell me stuff or ask for my opinions.  I always decline.  BECAUSE I'M BUSY, LIKE EVERY OTHER WORKING ADULT WITH A FAMILY!"}
{"_id": "136363", "title": "", "text": "Since near-term at-the-money (ATM) options are generally the most liquid, the listed implied vol for a stock is usually pretty close to the nearest ATM volatility, but there's not a set convention that I'm aware of.  Also note that for most stocks, vol skew (the difference in vol between away-from-the-money and at-the-money options) is relatively small,  correct me if I'm wrong, IV is the markets assessment that the stock is about 70% likely (1 Standard Deviation) to move (in either direction) by that percent over the next year. Not exactly.  It's an annualized standard deviation of the anticipated movements over the time period of the option that it's implied from.  Implied vol for near-term options can be higher or lower than longer-term options, depending on if the market believes that there will be more uncertainty in the short-term.  Also, it's the bounds of the expected movement in that time period. so if a stock is at $100 with an implied vol of 30% for 1-year term options, then the market thinks that the stock will be somewhere between $70 and $130 after 1 year.  If you look at the implied vol for a 6-month term option, half of that vol is the range of expected movement in 6 months."}
{"_id": "136367", "title": "", "text": "\"compulsive eating, and other compulsions, are also an issue If this is true, then this is not a money problem.  This is a psychological problem that manifests itself in overspending. I would make an appointment with a counselor or therapist ASAP to start dealing with this problem before the symptoms get any worse.   That said, here are some practical things that you can do to reduce overspending: The most important thing is that this be done TOGETHER.  You cannot dictate to him how yo spend your (plural) money, you cannot take away credit cards and give him an \"\"allowance\"\", etc. It mush be something that you both agree is important. If you cannot agree on a plan to get on a budget, then counseling would be in order.\""}
{"_id": "136406", "title": "", "text": "People clamoring for more and more regulation will always be disappointed because businesses will always find ways to get around it.  And, it is the usually the incumbent businesses that are able to do so, while new businesses find increased barriers to entry.  The correct solution is to remove the root source of the tuition bubble, get rid of the government subsidies for higher education altogether."}
{"_id": "136427", "title": "", "text": "\"A checking account almost never earns any significant interest. A checking accounts often does not have any limits in terms of how many times you can draw funds from it. A checking account often comes with a debit card allowing you to pay online, draw cash from an ATM machine etc. A savings accounts has much higher yields, so you should be getting a decent interest. Unfortunately in the current climate this is not always true (especially not with the big banks) so you may want to look into a high-yield savings account. A savings account is often limited in terms of number of transactions, meaning you can't constantly draw funds from it, it must be stable. A savings account often does not come with a debit card. No, a savings account should not be used for regular transactions. It's an account to park your money for a medium/long time. Understand that banks loan out the money in your savings account to third-parties, so if it would constantly fluctuate, they can't have this money available to others. In return of you parking your money with your bank, you should get a nice return (interest). Yes, but it's not common. Assuming you are from USA, passing banking data (account number and routing number) to third-parties is not safe. In Europe it's totally safe to share your account number to accept money. Depends, some banks do charge fees, some don't. Often there are fees when you're not using the account (no transactions), or when you don't have a certain minimum in an account. Assuming you are American (please specify this information clearly in future) I would look into an \"\"internet bank\"\", like Ally. They don't have many fees and they have an excellent high-yield savings account. They also give you a debit card. Disadvantage is that they don't have physical branches.\""}
{"_id": "136433", "title": "", "text": "Yeah, that's it! We just need to **RAISE TAXES** on those icky **RICH PEOPLE** -- as opposed to, you know, **FINING** people who engaged in **CRIMINAL ACTIVITIES**.  See the difference? The latter is justice, whereas the former is robbery."}
{"_id": "136436", "title": "", "text": "&gt; plus they get to be the Wal-Mart of the internet and outprice all of their competitor  It's all [about market cap](http://evonomics.com/amazon-accounting-corporate-profits-rich-peoples-income-invisible-bezos/) not the appearance of investment.  They turn most of their profits into dividends, so they get taxed (from investors) once at a 20% rate, rather than a 35% then 20% (48% total).  They are basically exploiting a glitch where dividend payments are tax deductible to the company, rather than (rightfully) being considered profits being collected by the owners."}
{"_id": "136438", "title": "", "text": "Banks, the big ones, have shareholders and the board to answer to.  Credit Unions have members and the board to answer to.  You become a member by joining a CU. Banks' prime objective is profit maximization, a credit union's prime objective is members' welfare.   Personal experience: I didn't mind that the banks charge fees, what was frustrating was keeping up with the policy changes.  Have X amount to avoid Y fees.  Once you fulfill that, do something else to avoid some other fees.  You miss one notice and you'll pay dearly!  This constant jumping of hoops was enough to switch. Not saying CUs don't change rules, but in my opinion, not as frequently as big banks.  On fee, for instance, my overdraft with my CU is $5.  With BofA it was something like $35 before regulations put a cap on such ridiculous fees."}
{"_id": "136451", "title": "", "text": "&gt;Show me some other great empire in history that managed to purchase its own debt.  Name a great empire that did not purchase it's own debt.   You calling something a Ponzi scheme when it clearly fails even the most naive definition and after being pointed out the hole in your naming is plain willful ignorance."}
{"_id": "136453", "title": "", "text": "The biggest issue I can see is that in order to have your parents protected properly, they'll have to register an interest in the property (ie, the 25%). I can't see the mortgage lender being too happy to have a second lienholder on the house for a total of 100% of the purchase price. Usually their conditions state that they'll need to be informed of other debts secured on the house and might actually have a say in that. Another way of accomplishing this is putting your parents on the house's deeds but that might also complicate matters with the lender and cause additional problems when it comes to selling the property. Not to mention that if anything bad happens to your parents, their stake in your property would be counted as one of their assets and you might find yourself in the situation where you have to come up with 25% of the property value right now or you might find that you have to sell the property to the first bidder simply because you do need the money as quickly as possible. Personally I wouldn't do it (especially without legal advice), the legal structure can be a nightmare and you'll just end up painted into a corner."}
{"_id": "136460", "title": "", "text": "\"I know some CEOs (for both big and small companies).  A few have admitted to me on a few occasions they themselves don't have the slightest idea about being a CEO.  The world changes too fast so they have absolutely no idea what's going to work and what isn't when it comes time to make decisions.  All they can do is rely on the recommendations of the people that work under them at which point it becomes a matter of trust:  Do you trust the recommendations from your CTO?  Who did he trust to make that recommendation?  The trust chain goes waaay down and it makes you wonder if the people who \"\"know\"\" (at the end of the chain) shouldn't have been able to just make the decision themselves.\""}
{"_id": "136469", "title": "", "text": "Prediction: costs won't go down.    The basis for that is the cost of insurance for health has never gone down in the history of that product mainly due to the fixed market.  There is competition, but pricing is so rigged as health insurance companies and employers have completely removed pricing from consumers experience.    Until everyone has individual/independent insurance away from their jobs, healthcare costs will never be in check. When employers gtfo of your business and stop providing benefits and people have to buy their own insurance, that is the only time there will be any real market or real pricing in healthcare/medical."}
{"_id": "136473", "title": "", "text": "&gt;Ms. Beauregard has to break it to her mother that she does not intend to keep the Hitchcock dining room set or the buffet full of matching Lenox dinnerware, saucers and gravy boats.  Why does she have to tell her? Tell mum that she will cherish her stuff and keep it forever.  Once the old girl kicks off, chuck the shit straight in the bin."}
{"_id": "136475", "title": "", "text": "&gt; then everyone will run off to by guns &amp; ammo before the government comes to take them all. It's gotten sadly predictable.  Won't happen, the driver for the increased sales was fear of new restrictive legislation, not the shooting itself."}
{"_id": "136497", "title": "", "text": "\"&gt; Bernie sources:   I would agree, it looks like the tax would cover all those that buy stock, bonds, and derivatives. However, this article didn't really cover the specifics. What would the tax be? Would it a flat dollar amount per transaction? That would make sense as it would focus more on those that do high volume traders. That wouldn't really impact me, as I already pay $9 per transaction. And I don't do many transactions. A couple dollars more, and I would be fine.   &gt; To answer your Enron example, no corporation would have enough power to actually do something like that if they didn't have at least partial backing by the government.  Ah, but corporations [edit - wouldn't] have the power to do much of anything without someone to enforce their policies. Name one market that doesn't have an enforcement agency of some type. That is a mighty big assumption that the \"\"free market\"\" would make it work... especially since one doesn't really exist.   And that would be the crux of my argument. All of the things you say about the perfection of the market to regulate itself is so far not proven.   Take a market like Kansas - over the last 6 years, they just underwent one of the largest deregulation, de-taxation experiments of any state in the union. The results were less than stellar. Kansas is lagging the national average in growth. And they took a hundred million dollar surplus and turned into a couple billion dollar deficit almost overnight. And who suffers, of course the most poor. They shut down schools, fired teachers, and shelved many infrastructure jobs - jobs that would have been fielded by lower wage workers... And those infrastructure projects were undoubtedly in lower income areas.   I would say, if you truly believe in what you preach then live it. Start a commune somewhere. Demonstrate how it is effective. That would have more power than preaching some amorphous unproveable policy over the internet.\""}
{"_id": "136501", "title": "", "text": "It works across the entire city of London. This isn't a pipe dream with no real-life examples.  In reality, people watch out, drive slower, and keep their eyes open so they don't cross all the time. No one wants to die in the streets after all.  &gt; You lack common sense and to be honest, I have never have read anything so ridiculous.  This is the 'common sense' that I have lived with all my life in a city shared by millions of people in a first world country.   &gt; You are saying that despite the fact that it is not only safer for pedestrians to use a consistent and well known area to walk,  If people don't use cross walks, you should change the rules so drivers don't expect people to use cross walks and thus start paying attention to the *reality* that people are crossing all the time.  &gt; I can think of many reasons of why you lack any sort of logic, but I just don't have the time to pick apart why this is the worst comment I have ever read on reddit.  Nope you can't. I do dare you to though, because it'd be an interesting discussion."}
{"_id": "136512", "title": "", "text": "\"Greatowl's response is pretty cynical. I'm not a wall street analyst but I do read some of the research and there is a lot of respectable analysis out there. There are many smart analysts who consistently get poached from the equity research departments to join the buy side. I'd also contend that level of accuracy is an incomplete measure of performance. It doesnt matter if you're right or wrong, what matters is how much you make when you are right and how much you lose when you are wrong. Soros is purported to have a 30% \"\"batting average\"\" but the guy makes a killing when he's right (source: Inside the House of Money).\""}
{"_id": "136515", "title": "", "text": "\"Bonds still definitely have a place in many passive portfolios.  While it is true that interest rates have been unusually low, yields on reasonable passive bond exposures are still around 2-4%.  This is significantly better than both recent past inflation and expected inflation both of which are near zero.   This is reasonable if not great return, but Bonds continue to have other nice properties like relatively low risk and diversification of stock portfolios (the \"\"offset[ing] losses\"\" you mention in the OP).  So to say that bonds are \"\"no longer a good idea\"\" is certainly not correct.  One could say bonds may no longer be a good idea for some people that have a particularly high risk tolerance and very high return requirements. However, to some extent, that has always been true. It is worth remembering also that there is some compelling evidence that global growth is starting to broadly slow down and many people believe that future stock returns and, in general, returns on all investments will be lower.  This is much much harder to estimate than bond returns though.  Depending on who you believe, bond returns may actually look relatively better than the have in the past. Edit in response to comment:  Corporate bond correlation with stocks is positive but generally not very strong (except for high-yield junk bonds) so while they don't offset stock volatility (negative correlation) they do help diversify a stock portfolio.  Government bonds have essentially zero correlation so they don't really offset volatility as much as just not add any.  Negative correlation assets are generally called insurance and you tend to have to pay for them.  So there is no free lunch here.  Assets that reduce risk cost money, assets that add little risk give less return and assets that are more risky tend to give more return in the long run but you can feel the pain.  The mix that is right for you depends on a lot of things, but for many people that mix involves some corporate and government bonds.\""}
{"_id": "136520", "title": "", "text": "you asked for strategies which use deep in the money options:  dividend mispricing can use deep in the money options, basically its an arbitrage play on ex-dividend dates. and any kind of spread can use deep in the money options, depending on how wide you want your spread to be"}
{"_id": "136525", "title": "", "text": "Apple never gave the US government entrance into that terrorist's iPhone and it made their company look great.  It took extremely complicated and expensive security hackers from Europe to break in to the phone after a long time.  I think it was one of the guys from the Boston marathon bombing?  I don't know why my earlier comment got downvoted - it's the truth"}
{"_id": "136530", "title": "", "text": "This was such a wonderful and clear explanation. It has helped me to understand (at 28) a concept that I have always been a bit murky on. I would feel safe making the bet that you are a teacher of some sort. I would find it extremely interesting to hear you thoughts on why we don't use the gold standard anymore. Do you work in finance?"}
{"_id": "136540", "title": "", "text": "\"Welsh had pushed the stock about as far as one could by using GE's capital as collateral to borrow money at rates much lower than banks.  So GE was able to out bank the banks for many years.  The problems with this all came back under Immelt.  Welsh sort of shit all over the culture of technology and engineering and Immelt was never able to recover that as the capital business fell apart.  The company really hasn't been able to make good choices.  Anything they buy does worse.  They need to stick to markets with a high cost of entry and long lead development times.  This is very contrary to the \"\"Silicon Valley\"\" tech world of today, but it is where GE has remained successful (See GE Medical and GE Aviation).\""}
{"_id": "136550", "title": "", "text": "Slippery slope logical fallacy. Nobody is talking about exceeding the GDP per capita, just increasing the minimum wage to a level where someone can actually survive without working 80 hours per week. As it stands, [there is not a single county in the nation where someone can afford to rent a 1 bedroom apartment on the current federal minimum wage](http://www.cnbc.com/2017/07/14/only-point-1-percent-of-us-minimum-wage-workers-can-afford-a-1-bedroom.html)."}
{"_id": "136566", "title": "", "text": "I'm old enough to remember when normal companies didn't openly associate their brands with politics, when Michael Jordan was willing to sell his shoes to Republicans as well as Democrats, and when companies and consumers weren't publicly shamed for their every perceived slight.   Yes, I know business and politics have always been intertwined, but we've reached a point of dysfunction that I've never witnessed."}
{"_id": "136609", "title": "", "text": "\"The Wikipedia page for Repurchase Agreement has two relevant pointers on this topic:  The legal title for any securities used in a repo actually pass from seller to buyer during the term of the agreement. In basic terms this means that if one sells a bond on repo with a promise to buy it back, then the ownership actually transfers to the buyer for that period of time.  If a coupon is paid during this time period, it can either go to the buyer or the seller. Usually, the coupon payment goes to the initial owner of the security pre-repo (our \"\"seller\"\"). But sometimes the repurchase agreement will specify otherwise. So, again in basic terms, usually the repo seller/initial security owner receives any payments made during the term of the repurchase agreement. (Both points are in the first paragraph of the section \"\"Structure and Terminology\"\".)\""}
{"_id": "136613", "title": "", "text": "This.   White collar crime isn't currently prosecuted to the same degree as blue collar crime. Probably because it's not as visible in everyday life (as opposed to say, a kidnapping).  I'm glad to see this and I hope people are beginning to demand harsher punishments for these types of crimes.  In a world that is becoming increasingly more structured around financial markets, white collar criminals should be prosecuted accordingly as their actions can have significant consequences in the lives of numerous people."}
{"_id": "136618", "title": "", "text": "The lifetime combat death rate for males in early Ireland and medieval Iceland was somewhere around 1/4 or so; it was absurdly high.  These also weren't modern societies that were dependent on large-scale projects to keep us all alive such as municipal water and electricity, and a functioning modern banking system.  I don't know anything about Quaker Pennsylvania. Details?"}
{"_id": "136621", "title": "", "text": "\"I've tried Mint, and I've tried Quicken. Now, I think Quicken is an annoying, crashy little piece of software, but it is also quite capable; overall I think it has the features you want. You can enter your bills, broken down by category, in advance. You can enter your paychecks, broken down by category (gross income, federal income tax, state income tax, social security, SDI, transfers to tax-protected 401(k) account, etc) in advance. You can enter in your stock trades and it can tell you how much you'll need to end up paying in capital gains taxes. You can even enter in your stock option vesting schedule in advance (it's a royal pain because you can't go back and change anything without deleting everything, but you can do it). It'll forecast your bank account balance in all of your bank accounts in advance with a shiny chart. It'll even model your loans, if you set it up right. I didn't do too much with the \"\"budgeting\"\" tools per se, but the account-balances-daily features sound like the closest thing to what you're looking for that's likely to exist. The only thing that's a trifle tricky is that transfers from one account to another may take multiple days (hello, ACH) and you'll have to decide whether to record them at departure or arrival.\""}
{"_id": "136627", "title": "", "text": "\"Congratulations on the job offer!  That type of matching sounds good if you plan to stay at a company for more than a year. My experience has been that 401k matching can range from 2% up to 8% for your typical starting job, so a total of 6% is good. You would definitely want to contribute at least 5% to take advantage of the \"\"Free\"\" money. Loan provision could mean that loans from 401k are allowed. I did some research and found that not all company 401ks allow for you to take a loan out of your 401k. Typically this is bad practice since you are robbing your 401k of it's major advantage - tax free compound interest.  Source\""}
{"_id": "136631", "title": "", "text": "I don\u2019t see this area turning around anytime soon. It\u2019s extremely poverty ridden . Plus I believe a lot of the stipulations in buying one of these $100 homes is that you rehab it and live in it.   I\u2019m not positive on the details though.   Last time this area was wealthy was during the al Capone era. He had a lot of money in it. But even that was ilegal money."}
{"_id": "136654", "title": "", "text": "I started out in compliance at a software company, despite having little interest in compliance. I did that for ~2.5 years, then worked with my manager to arrange to work 10 hours/week in the Marketing department, then after ~6 months of that, I moved to Marketing full time. If you kick ass in whatever job you have and work on extra skills (learning to code/improving at Excel will give you lots of options, such as software engineer or data analyst positions), you ought to be able to parlay the experience you've gained plus the other skills you have into something you're more interested in. Most companies would rather keep a good employee in the building than risk losing him/her."}
{"_id": "136662", "title": "", "text": "\"Apartment complexes have had a long history of not accepting cash for payment of rent. This eliminates the problem of robbery and strongly reduces the risks of embezzlement.   THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE  Article 1, Section 10 of the US Constitution states:   No State shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts Previous editions of banknotes stated that the notes were redeemable in gold or in lawful money. The Mint Act of 1792 set gold and silver as legal currency (and that one did not have to accept \"\"base metal coins\"\" for more than $10 which is why coin rolls only go up to $10). The Coinage Act of 1873 dropped silver and made gold the legal standard for currency. In 1933, the \"\"redeemable in gold\"\" was changed by federal statute and the legend you mention was added. Prior to 1933, someone could demand that you pay them in gold and not with a bank note. Legislation in 1933 ended that. This clause in the Constitution leads some political groups to wish to return to a gold standard. I recommend reading the book Greenback as it describes how our currency got the way it did and why that clause appears on currency.\""}
{"_id": "136673", "title": "", "text": "No, you cannot. 401k must not be discriminatory, i.e.: you cannot have different matching for different employees."}
{"_id": "136690", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://bruegel.org/2017/06/the-universal-basic-income-discussion/) reduced by 94%. (I'm a bot) ***** &gt; UBI&amp;#039;s supporters generally propose UBI as a replacement for the current &amp;quot;Welfare state&amp;quot;, which may increase poverty and inequality rather than reduce them.  &gt; Some UBI proponents may argue that by ending current programs, we would reap large administrative savings that we could convert into UBI payments.  &gt; Doland took on the challenge and offered a taxonomy of three kinds of libertarians who might take a UBI very seriously, arguing that UBI could very well be a policy for pragmatic critics of well-intentioned but ineffective government, for classical liberals, and for advocates of personal freedom.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6grw2f/bruegel_the_universal_basic_income_discussion/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~142143 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **UBI**^#1 **benefit**^#2 **poverty**^#3 **Income**^#4 **Welfare**^#5\""}
{"_id": "136722", "title": "", "text": "\"It's sad just how uninformed most of us are be default. Even a Google search of most politicians will only bring up a barebones summary and a bunch of opinion. Personally, I just can't spend the time each election to figure out what the actual nature of the folks running might be. Stress from work needs alleviation or I'll break down, normal life stuff takes over most of the time, and at the end of each day if I try and do any political research I'll just fall asleep with it on my phone's browser read half-way through. It's impossible to look at every decision someone has made and figure out the reason *without* a swarm of editorials, so if their opponents want to wave a few \"\"flip flops\"\" around I'd have *no* way of reliably working the truth from the lies. Not to mention that Google et all filter my results, so anything positive about people I don't like and criticism of people I do like is buried beneath stuff that affirms my bias.  In the end, it's a mess that makes it impossible for me to do a damn thing if I wish to be a responsible voter, so I just don't vote. This leaves the polls to those who vote with their hearts closed and wallets own.\""}
{"_id": "136732", "title": "", "text": "This sounds like a grumpy old man more than anything.  &gt;He said that if Obama is re-elected and imposes Obamacare and higher taxes, he may just have to let more of his remaining 7,000 workers go. He said he might even shut down the company.   That's just poor leadership.  If I don't win, I'm just taking my ball home so no one can play.  In other news, a new resort company was launched in a territory left unoccupied by Westgate Resorts.  Properties in Orlando and Branson selling for below market prices.  Plenty of well-trained workers are immediately available."}
{"_id": "136784", "title": "", "text": "Yes.  Short and sweet."}
{"_id": "136800", "title": "", "text": "\"Then can you elaborate on what you meant by \"\"at the end of the day, fiat currencies are based on trust and accountability of the government\"\"?  I would normally *agree* with that statement, but your use of it as a point of concern in your previous post appears to contradict what you just said.\""}
{"_id": "136804", "title": "", "text": "Technically you owe 'self-employment' taxes not FICA taxes because they are imposed under a different law, SECA. However, since SE taxes are by design exactly the same rates as combining the two halves of FICA (employer and employee) it is quite reasonable to treat them as equivalent. SE taxes (and income tax also) are based on your net self-employment income, after deducting business expenses (but not non-business items like your home mortgage, dependent exemptions, etc which factor only into income tax). You owe SE Medicare tax 2.9% on all your SE net income (unless it is under $400) adjusted down by 7.65% to compensate for the fact that the employer half of FICA is excluded from gross income before the employee half is computed. You owe SE Social Security tax 12.4% on your adjusted SE net income unless and until the total income subject to FICA+SECA, i.e. your W-2 wages plus your adjusted SE net income, exceeds a cap that varies with inflation and is $127,200 for 2017. OTOH if FICA+SECA income exceeds $200k single or $250k joint you owe Additional Medicare tax 0.9% on the excess; if your W-2 income (alone) exceeds this limit your employer should withhold for it. However the Additional Medicare tax is part of 'Obamacare' (PPACA) which the new President and Republican majorities have said they will 'repeal and replace'; whether any such replacement will affect this for TY 2017 is at best uncertain at this point. Yes SE taxes are added to income tax on your 1040 with schedule SE attached (and schedule C/CEZ, E, F as applicable to your business) (virtually so if you file electronically) and paid together. You are supposed to pay at least 90% during the year by having withholding increased on your W-2 job, or by making 'quarterly' estimated payments (IRS quarters are not exactly quarters, but close), or any combination. But if this is your first year (which you don't say, but someone who had gone through this before probably wouldn't ask) you may get away with not paying during the year as normally required; specifically, if your W-2 withholding is not enough to cover your increased taxes for this year (because of the additional income and SE taxes) but it is enough to cover your tax for the previous year and your AGI that year wasn't over $150k, then there is a 'safe harbor' and you won't owe any form-2210 penalty -- although you must keep enough money on hand to pay the tax by April 15. But for your second year and onwards, your previous year now includes SE amounts and this doesn't help. Similar/related:"}
{"_id": "136805", "title": "", "text": "The mathematics make it easier to understand why this is the case. Using very bad shorthand, d1 and d2 are inputs into N(), and N() can be expressed as the probability of the expected value or the most probable value which in this case is the discounted expected stock price at expiration. d1 has two \u03c3s which is volatility in the numerator and one in the denominator.  Cancelling leaves one on top.  Calculating when it's infinity gives an N() of 1 for S and 0 for K, so the call is worth S and the put PV(K).  At 0 for \u03c3, it's the opposite. More concise is that any mathematical moment be it variance which mostly influences volatility, mean which determines drift, or kurtosis which mostly influences skew are all uncertanties thus costs, so the higher they are, the higher the price of an option. Economically speaking, uncertainties are costs.  Since costs raise prices, and volatility is an uncertainty, volatility raises prices. It should be noted that BS assumes that prices are lognormally distributed.  They are not.  The closest distribution, currently, is the logVariance Gamma distribution."}
{"_id": "136822", "title": "", "text": "\"Assuming you are executing your order on a registered exchange by a registered broker, your order will be filled at the best bid price available.  This is because brokers are legally obliged to get the best price available. For example, if the market is showing a bid of 49.99 and an offer of 50.01 and you submit an order to offer 1000 shares at 5.00, your order will be filled at 49.99.  This is assuming the existing bids are for enough shares to fill all of the 1000 shares being offered.  If the share you are offering lacks the necessary liquidity to fill the order - i.e., the 49.99 bid is for less than 1000 shares and the \"\"level two\"\" bids are not enough to fill the remaining shares, then the order would be posted in the market as an offer to sell the balance (1000 - shares filled at 49.99 and those filled at level two bids) at 5.00.   I'm pretty sure that the scenario you are describing would be described as market manipulation and it would be against the law.\""}
{"_id": "136825", "title": "", "text": "For the mechanices/terms of stock investing, I recommend Learn to Earn by Peter Lynch. I also like The Little Book of Common Sense Investing by John Bogle. It explains why indexing is the best choice for most people. For stock picking, a good intro is The Little Book of Value Investing by Chris Brown. And then there is The Intelligent Investor by Ben Graham. IMO, this is the bible of investing."}
{"_id": "136850", "title": "", "text": "\"Yes, this is a miscellaneous itemized deduction. https://www.irs.gov/publications/p529/ar02.html For this to impact your taxes, you have to be itemizing deductions (have total deductions greater than standard deduction), and the total of all miscellaneous deductions needs to exceed the \"\"2% floor\"\" described in the IRS link above.\""}
{"_id": "136857", "title": "", "text": "This problem is unfixable. Maybe the future holds a world where everyone will understand basic computing, how to use technology in a functional way and probably how programing works at a fundamental level and even then you may still have insufferable morons with too much power running business."}
{"_id": "136860", "title": "", "text": "\"Generally speaking, so-called \"\"hard assets\"\" (namely gold or foreign currency), durable goods, or property that produces income is valuable in a situation where a nation's money supply is threatened.  Gold is the universal hard asset. If you have access to a decent market, you can buy gold as bullion, coins and jewelry. Small amounts are valuable and easy to conceal. The problem with gold is that it is often marked up alot... I'm not sure how practical it is in a poor developing nation. A substitute would be a \"\"harder\"\" currency. The best choice depends on where you live. Candidates would be the US Dollar, Euro, Australian Dollar, Yen, etc. The right choice depends on you, the law in your jurisdiction, your means and other factors.\""}
{"_id": "136862", "title": "", "text": "\"One common rule of thumb: you can probably get 4% or better returns on your investments ('\"\"typical market rate of return is 8%, derate to allow for inflation and off years). Figure out what kind of income you will want in retirement and divide by 0.04 to get the savings you need to accumulate to support that.   This doesn't allow for the fact that your needs are also going to increase with inflation; you can make a guess at that and use an inflated needs estimate.  Not sophisticated,  not precise, but it's a quick and dirty ballpark estimate. And sometimes it's surprisingly close to what a proper model would say.\""}
{"_id": "136872", "title": "", "text": "Median household income is rising, but it is far below the level before the Great Recession, and even then, it was still stagnating. What this means is that the economy is running on stimulus, and unless median household income not only regains the level before the Great Recession but also rises at the rate before the 1970s, we are only heading for a future economic correction bigger that the Great Recession and most likely bigger than the Great Depression relatively in every way."}
{"_id": "136879", "title": "", "text": "\"Wow. It's clear I'm outnumbered.  When I'm approached with the question (and keep in mind, it's usually a couple data points and little else) \"\"I am getting started, with no other money do I fund a retirement or emergency account?\"\" I often suggest they put the funds into a Roth, in a money market fund, and treat it like an emergency account. If there's in fact an emergency, there's no penalty to withdraw the deposit and we're talking peanuts for interest today.  With no emergency, two things could happen: A) As the account grows beyond what's needed for emergencies, the excess can be invested long term. B) As the investor earns more money and saves up enough to have a true emergency account separate from the IRA, the Roth can be fully invested long term. The 'Bad idea' stems from the view that one is using their Roth as an emergency account, which of course is bad. The subtle difference is one has no retirement savings and puts their Emergency account into the otherwise unused Roth. As time passes, they've protected more funds to grow tax free.  In the end, the most important thing is whether the person is saving and not tapping for simple non-emergency things. I'd rather see a guy with $25K in his Roth and no other funds than to have $5000 in his bank account because every time it gets larger he feels compelled to spend it.  My answer to Matt is to treat it for now as you intended, low risk, CD or cash (money market).\""}
{"_id": "136902", "title": "", "text": "The snide answer is because they can. The psychological answer is that it drives loyalty. Because you have spent money on the membership, you are more likely to go back several times in the year in order to get your money's worth. Once you are in the store, impulsiveness can have its way with you, as you leave the store with a cart full of items that you didn't know you needed until you saw their low price."}
{"_id": "136930", "title": "", "text": "Gonna have to disagree with you there. I've literally worked places where the boss talks about going on vacation to Europe all the time while most of the workforce are on food stamps because they aren't paid a fair wage. Gets pretty old struggling to eat while the ones at the top are being propped up by stolen wages. People talk about tax being theft when I'd argue it's the ones at the top taking an ever increasing piece of the pie who are stealing from everyone."}
{"_id": "136932", "title": "", "text": "No, if you are a nonresident alien, you cannot deduct sales tax. You can only deduct state income tax. 1040NR Schedule A (which is page 3 of 1040NR) does not contain an option for sales tax, like 1040 Schedule A does. If you are a resident alien, then you can deduct sales tax."}
{"_id": "136960", "title": "", "text": "\"&gt; is it worth the risk to give up \"\"guaranteed\"\" money welding to take the risk and run another location  I think not.  you're acting smarter now than 90%+ of college kids who are clueless and are going to end up flipping MBA burgers  welding is a very in-demand professional skill.  I read recently some earn up to $180,000 per year for mission critical welding like planes, space ships, some military applications, precision equipment etc  plus, there's no reason to commit to anything now.  you have to wait for the man in control to pass along, a new location to be selected and built and nearly open for business for you to think about it  stay the course.  you're doing great\""}
{"_id": "136976", "title": "", "text": "That's what patents are for. You're given a monopoly on your idea for a period of time. Now I think the period of time is too great, and I don't think patents should apply to software or living organisms, but that was their intended purpose."}
{"_id": "136981", "title": "", "text": "Whenever one takes a distribution from an IRA, it cannot be put back into an IRA unless one is doing something like (a) take a distribution from the IRA as a rollover where the owner gets cash in hand to be sent to the new IRA custodian within 60 days, and (b) deposit the money with the new IRA custodian within the prescribed time period. For distributions taken by a first-time home purchaser to buy or rebuild a home, the money can be put back and treated as a rollover up to 120 days after receiving it (Publication 590, page 51, column 2). Note also that distributions taken for  first-time homebuying lose their Qualified Distribution status if not paid to the seller (or bank, for closing costs etc) within 120 days of receipt of the distribution (Publication 590, page 51, column 1). However, one  cannot take a distribution from an IRA, no matter whether the sum comes from contributions, earnings, or previous rollovers, and put the money back into the IRA a few years down the road as having been unnecessarily withdrawn.   What you want to do -- take out some money out of your IRA to buy a house and  put the money back into the IRA later -- is effectively an interest-free loan from your IRA (even if you don't call it a loan or think of it as a loan), and you  are not allowed to do this (except in the special circumstances described above). On the other hand, unless you have a very atypical 401k plan, you can take a loan from your 401k (you will have to pay interest, though) and pay it back over several years. Thus, taking a loan from your 401k might be something you could consider as an alternative to withdrawing money from your IRA. But be aware that there are restrictions on how much you can borrow from your 401k, and usually you cannot withdraw employer match money, even if it has vested. Also, the loan becomes immediately due upon termination of employment, even if the termination was involuntary (i.e. the  employee was laid off or fired)."}
{"_id": "136988", "title": "", "text": "With interest rates so low it could take a while.   I agree with your capital comment but one key thing to remember is that the entire company would now change and the long-term viability of it could be jeopardized. Shareholders would focus on short-term, mainly quarterly results at the expense of long-term investment and growth strategies.   This is also a reason as to why we're seeing relatively fewer IPOs in recent years compared to earlier time periods despite the value of the market growing."}
{"_id": "136995", "title": "", "text": "\"As a general rule in many countries, pyramid schemes are illegal, so don't plan on getting rich anytime soon by being involved in one.  Anything you earn through such a scheme is subject to forfeiture because it is ill-gotten gains. The entire basis of a pyramid scheme is that the focus is principally on recruiting new \"\"downlines\"\", not selling a product or service.  I would strongly advise you to find a different way to riches.   Multi-level marketing very rarely makes much money for anyone except the first people in the food chain, and the odds of finding such an early-stage opportunity are exceedingly small.  For every successful MLM program there are probably 25 that never make it off the launch pad.  Be honest in asking yourself -- if it was really that easy, why wouldn't everyone just get into MLM?  It's more hype than substance.  Do you know who buys most of the product?  The newest people who \"\"drink the Koolaid\"\", because they're convinced they need to have plenty of inventory on hand for their potential customers.  I can't tell you how many people I know who spent hundreds or even thousands of dollars on buying product they never managed to sell.  It's much tougher than people think, even with a good product.\""}
{"_id": "137016", "title": "", "text": "\"I didn't have time to expand my reply from earlier to your comment, but please show me exactly what \"\"issues I don't understand\"\" and how I \"\"look like an idiot\"\".   It's not very often I get called an idiot or that I don't understand something when the person directing those at me hasn't even made a comment addressing the issue this article discusses.\""}
{"_id": "137021", "title": "", "text": "&gt; Isn't the whole point of a private flight that you don't have strangers on it?  I've never flown private buy have been invited to a few times.  The biggest appeal for me would be avoiding all of the bullshit that comes with flying commercial.  Gross and uncomfortable seats, annoying delays, getting felt up by the TSA, having to get to the airport two hours early at times due to significant lines at security.  If I could avoid all that crap and just had to deal with a couple I didn't know also on the jet, sign me up."}
{"_id": "137038", "title": "", "text": "You bought an overpriced hot dog once (hypothetical)  It met your need at the moment and benefitted no one else except for you and the person selling it.   The point of the free market is that it's free. People can buy what they want and sell what they want. There's an agreed upon exchange. That's business"}
{"_id": "137040", "title": "", "text": "\"For sure, the engineer was told to do that by someone in management who was told to do that by someone higher in management.   So, in the trial, the engineer did not say who told him/her to do that?  P/S: for a VERY LARGE sum of money, I will go for 3 years in white-collar \"\"prison\"\" and not say who told me to do that.\""}
{"_id": "137044", "title": "", "text": "For the present if you can't figure out anything big with a small budget,  then start something small e.g Make brownies,  bake cakes etc experiment and put up your name tag on the product and see if your friends buy some stock from you,  then link them all on facebook.  If you are good with your product,  people wouldn't care a lot about the packaging add-ons or frills and if orders start coming consistently well, then implement your book build systems, jack up prices,  etc. But don't blow all your cash on day one if don't have a queue waiting for your goodies."}
{"_id": "137060", "title": "", "text": "\"Consumer Reports ranks each model year so I'm not sure what you mean by \"\"first wave\"\". It wasn't till this year that the Model S rose to \"\"average\"\", it was poor or below average up to last year, which is well past \"\"first wave\"\". The Model X still ranks poor.\""}
{"_id": "137073", "title": "", "text": "Trying to make money on something going down is inherently more complicated, risky and speculative than making money on it going up.  Selling short allows for unlimited losses.  Put options expire and have to be rebought if you want to keep playing that game.  If you are that confident that the European market will completely crash (I'm not, but then again, I tend to be fairly contrarian) I'd recommend just sitting it out in cash (possibly something other than the Euro) and waiting until it gets so ridiculously cheap due to panic selling that it defies all common sense.  For example, when companies that aren't completely falling apart are selling for less than book value and/or less than five times prior peak earnings that's a good sign.  Another indicator is when you hear absolutely nothing other than doom-and-gloom and people swearing they'll never buy another stock as long as they live.  Then buy at these depressed prices and when all the panic sellers realize that the world didn't end, it will go back up."}
{"_id": "137077", "title": "", "text": "What sort of control is the US exercising if it has to use Air strikes in a residential Area of the Capital?  How does shit for brains imagine that he is going to run a Multi Trillion $ Mining operation in the Mountains where the Taliban actually live and there is no road or infrastructure?  Maybe he was just being an ignorant asshole when he decided to send more troops, when he could simply have just walked away."}
{"_id": "137078", "title": "", "text": "\"Here's what's going to happen: At the last minute, he's going to \"\"discover\"\" that for some reason first you must send him $10,000.  He'll tell you not to worry, as he's still going to send you $40,000... now $50,000. In fact, he's going to tell you that he'll send you $60,000 and tell you to keep the $10,000 as a \"\"finders fee\"\". Then you will send him, $10,000 and he will walk away with your $10,000.  You'll never hear from him again. This is a very common scam. The best way to avoid it is not to tell him you won't do it for IRS reasons. The best thing to do is to stop accepting email from him and (optionally) report him to law enforcement.\""}
{"_id": "137079", "title": "", "text": "\"Depends on your frame of reference. If I say it's been a hot topic at work \"\"lately\"\" I highly doubt showing a visible spike in Google searches for a stock market crash in 2017 is misleading. If anything, it reinforces the notion that there presently is increased interest in the topic.  Looking\""}
{"_id": "137087", "title": "", "text": "Too bad if they pulled something like this my family would cancel all of our subscriptions, and I suspect many other people would do the same.  These numbers are bullshit because they would mean every password sharer would become a paying customer and that's never going to happen.  It's easy enough to stream everything these days and the content on Netflix is so shitty right now this would absolutely be the straw that breaks the camels back for me.  You can't offer worse content while increasing the"}
{"_id": "137117", "title": "", "text": "No, you shouldn't buy it. The advice here is to keep any existing holdings but not make new purchases of the stock."}
{"_id": "137127", "title": "", "text": "Two weeks of maybe 2-4 hours a day. Tried to read the book and got through like 2 chapters.  Primarily took 100 question practice exams, read the questions I got wrong, then took another exam. Passed with an 86 and it only took like 2 hrs to get through.   Probably matters quite a bit if you have a finance background though. No idea what it would be like without one.   Edit: used the Knopman Marks books (which use Q bank for exam questions).  Edit 2: Sorry, that was the series 79. And I only got an 82."}
{"_id": "137138", "title": "", "text": "If you arent sure what field you want to be in, then accounting is your best bet by far IMO.  It's applicable to investment banking, investment management, and corporate finance and just in general it's incredibly useful to understand accounting rules. Even if you end up in Sales one day, it's useful to know exactly how to read a P&amp;L properly or how revenue recognition and return accruals work, for example.  My recco would be for financial accounting if you havent done those courses yet. Cost Accounting can also be very useful, especially for corporate finance jobs.  If you do more accounting courses, basically what will happen is you will become a more well-polished Finance candidate.  Now, if you are trying to keep more options open and think you might want to have options in more general business fields (i.e. Consulting, Brand Management, etc.) then branch out and take Marketing, Stats, etc.  What I would again not recommend though is taking a programming class. There just arent many jobs where knowing a little bit of Java or Python helps that much. Most companies prefer to have business specialists (e.g. people with finance/accounting/marketing knowledge) and IT/software specialists. If you want to be some kind of Product Manager for a tech company or a quant I suppose you could try to go all in on the programming- take 4, 5, 6 courses to really develop a noticeable background. Taking 1 Java class just has a low marginal return because you wont know anything meaningful to participate seriously in engineering/tech discussions and you will have missed an opportunity to become even more useful as a business specialist with deeper finance/accounting/marketing knowledge."}
{"_id": "137149", "title": "", "text": "You can use a service like Transferwise to send money. The trick is that they allow sending money to yourself, from a GBP account to an EUR account, effectively making it an exchange shop. Their rates are usually very good, with the transfers happening on the same day most of the time."}
{"_id": "137154", "title": "", "text": "Is there a place to discuss Investment Strategy? Particularly as it pertains to Global Macro and a variety of asset classes ? Alot of the investing subreddits seem to be based around equity investment only, and focused on US large cap for the most part. I rarely ever see posts about EM equities which have outperformed this year for example, and it would be great to talk about things like Asset Allocation."}
{"_id": "137171", "title": "", "text": "As you have income from Business / Profession, you would need to use form ITR4S"}
{"_id": "137175", "title": "", "text": "If you are buying your order will be placed in Bid list. If you are selling your order will be placed in the Ask list. The highest Bid price will be placed at the top of the Bid list and the lowest Ask price will be placed at the top of the Ask list. When a Bid and Ask price are matched a transaction will take place and it will the last traded price. If you are looking to buy at a lower price, say $155.01, your Bid price will be placed 3rd in the Bid list, and unless the Ask prices fall to that level, your order will remain in the list until it trades, it expires or you cancel it. If prices don't fall to you Bid price you will not get a trade. If you wanted your trade to go through you could either place a limit buy order closer to the lowest Ask price (however this is still not a certainty), or to be certain place a market buy order which will trade at the lowest Ask price."}
{"_id": "137182", "title": "", "text": "I don't think they could have done anything besides what they did.  There's plenty of cheaper alternatives that no one talks about because they're not as good.  Lego has been the world leader for decades because of its commitment to perfection.  I'm guessing their boom had a lot to do with their diversification.  They went pretty strong into TV shows, movies, video games...all of which are getting old."}
{"_id": "137184", "title": "", "text": "What you were told isn't an absolute truth, so trying to counter something fundamentally flawed won't get you anywhere.  For example: chinese midcap equities are up 20% this year, even from their high of 100%. While the BSE Sensex in India is down several percentage points on the year. Your portfolio would have lost money this year taking advice from your peers. The fluctuation in the rupees and remnibi would not have changed this fact. What you are asking is a pretty common area of research, as in several people will write their dissertation on the exact same topic every year, and you should be able to find various analysis and theories on the subject. But the macroeconomic landscape changes, a lot."}
{"_id": "137185", "title": "", "text": "If your Facebook is public and has things that could keep you from getting a job, of course you should change the privacy settings, at the very least.  It's pretty basic.  I once searched for a guy on Myspace who talked shit about the company he was interviewing with.  On his Myspace.  Publicly.  He didn't get the job."}
{"_id": "137198", "title": "", "text": "I completely agree, but this is not different from going to make a coffee or get another beer, go to bathroom do any number of 2 minute tasks that would traditionally be done in the ad break on TV."}
{"_id": "137202", "title": "", "text": "\"&gt;If you have more people in an insurance pool, premium costs go down, which is the whole point of the individual mandate.  The costs depend very, Very, VERY much on WHO the people in the \"\"pool\"\" are -- actuarial data shows that older people (almost invariably and by definition) have significantly higher costs, ergo this is why their premiums have been higher (or if a particular pool has an inordinate number of older people in it, why everyone in that pool's premiums are higher, because they are essentially an *average*; and the younger members are in essence subsidizing the older ones -- conversely if a firm has almost entirely young, single people, premium costs are significantly {*significantly*} lower).  One of the things the legislation does though is place an artificial limitation of the premium price differential -- ergo younger people will (across the board) be seeing a HUGE increase in premium costs (because the law is essentially mandating a major increased operating LOSS on the older pool members, the cost WILL be shifted to the younger people).  End result is that premiums for younger people will increase several times over -- which will make buying a policy (which in the past was relatively cheap for young &amp; healthy people) a significantly more difficult burden -- and that will *naturally* make paying the \"\"fine\"\" far more financially pragmatic.  This is especially true since the OTHER provision of the law is that known pre-existing conditions cannot be used to exclude or change the premium cost -- so, should the individual be diagnosed with something they can, after the fact, still purchase coverage.  Basically it is like being able to buy a lottery ticket AFTER the number have been drawn.  It is an inherently unstable and unsustainable system.\""}
{"_id": "137206", "title": "", "text": "\"With no written agreement in place, the \"\"right\"\" rate is whatever both parties can agree to. I could argue that I could have invested the money in S&P 500 index funds and made about 9% annually over the last 15 years and the 15,000 would have been over 40,000.  The \"\"fair\"\" rate would be whatever rate of return could have been expected from whatever your father would have done with the money otherwise - keep it in a bank account, pay off debt, invest in the market, start a business, whatever.  Your father has the benefit of hindsight to know what would have been a good use of the funds over 15 years. Using the rate of inflation results in effectively a zero-percent loan in real interest terms (meaning no profit was made, just accounting for the time value of money). Both parties need to either decide on an amount or equivalent rate, or decide if squeezing the other for a few thousand Euros is worth the strife.\""}
{"_id": "137209", "title": "", "text": "You've never heard of Halliburton?  Granted that was Cheney.  Cheney received received $398,548 in deferred compensation from Halliburton while Vice President.  Don't remember him going to jail.  And let's not forget the Bush's.  They had numerous investments in oil companies.  What's the best way to drive up oil prices?  War in the Middle East of course.  Vice President/President Gerald Ford also was criticized for his investments.  This nothing new.  Presidents are allowed to continue to operate their businesses.  And I can't think of a single one that was ever punished for doing that.  Honestly what I like about Trump compared with other Republicans is the fact he has no interest in war.   He has absolutely nothing to gain from war.  And every interest in peace.  War would probably hurt his businesses.  Look at the cease fire in Syria.  Look at how he ended a CIA program arming Syrian rebels.  That very different from what was happening under Obama and Clinton at the State Department."}
{"_id": "137221", "title": "", "text": "\"All this \"\"dirty laundry\"\" talk is really dumb. I'm very close to someone who was in a boar meeting 2 weeks before this happened and I can tell you that all this is justa  result of Pandit not getting along or not living up to the expectations of the president of the board.  He told Pandit he didnt think he was doing so good, Pandit told him he thought he was doing great and said \"\"if you dont like it I can leave\"\". 2 days later he was gone\""}
{"_id": "137222", "title": "", "text": "There are other ways to pay for college besides loans. Like joining the military.   EDIT:  Please explain why this comment was downvoted.  It's a statement of fact.  My best friend paid for his college via ROTC and is doing much better in in his post-military civilian career than other peers who opted to go the direct college route."}
{"_id": "137225", "title": "", "text": "I've had zero taxable income for the past 2 years and yet the calculations say I owe the government $250 for each year for the Self Employment tax.  How can they charge a non-zero tax on my income when my taxable income is zero?  That is theft. That demands reform."}
{"_id": "137226", "title": "", "text": "\"I hear you (and those answering) use the words \"\"my money\"\" (or \"\"me to pay for stuff\"\") The sooner that ends, the better off you'll both be. My wife and I do have our own checking accounts that we maintain so she can write a check without notifying me, or I can buy her a birthday/mother's day/ etc gift without it showing in the joint account, but nearly all money flows through our joint account. Before we were married, the joint bank accounts were opened as was the joint brokerage account.  You need to work on the budget as a single project and without judging. It's good that your incomes are similar, it makes the dynamics of pooling seem more fair, but for those where one spouse is making far more than the other, the impulse to 'chip in' equally towards bills leaves the lower earner with nothing.  Will your wife go back to work after a maternity leave? Once she's back, and working for a time, things will settle down a bit. There's a postpartum time that's difficult. Women who have been through it will tell you that it can be pretty bad, and the best a guy can do is be understanding and supportive. As long as you are talking \"\"we\"\" with your wife, she'll see that you are both in it together. At the risk of sounding sexist, Women's clothing needs are different than men's. I could get away with owning 5 suits which could be replaced at the rate of one per year. If not for my wife, I can see in my own daughter how clothing makes her feel good about herself, and while I'm frugal with most of our budget, my clothing questions are 2 - Will it last? & Will it match other pieces you have? Therefore, clothing gets a line item all its own in the budget.  There are a number of financial things to consider, but I see you are in the UK, so I'll generalize. In the States, there are pretax benefits to help care for a child under 13 (called a dependent care account) and for medical expenses not covered by insurance (called flexible spending account). These let you take money from your pay pretax to use for specific expenses. If UK offers similar, I invite a user to edit the detail into my answer.  Last - once the kid comes into our lives, there's little room for many of the late teen/early 20's spending. Comics? DVDs? Those are the low hanging fruit of wasted money. Saving for retirement, and for University for the kid take priority.  I'm not one to quote cliches but a friend once offered this observation - \"\"If you are not happy but your wife is happy, you are still far happier than if you were happy but your wife is not happy.\"\"\""}
{"_id": "137228", "title": "", "text": "Perhaps this is lasting result of the recession.  I realize that the article specifically states that Lego notably grew and profited through the recession. However, other parts of society and other markets didn't. Now, years later, perhaps those other scenarios are affecting Lego's market.  Specifically, I'm drawing a parallel to my personal experience. My kids were born just before the recession. Their grade is the largest grade in the school system. Every grade behind them (the kids born during the recession) is significantly smaller. Whatever the driver(s) was, people were having fewer kids during the recession.   Further, although the general view is that the recession is over and the stock markets are back, household spending and income continues to stagnate.  With fewer kids and a reluctance to spend, perhaps people in the US and Europe just aren't buying as many premium toys."}
{"_id": "137235", "title": "", "text": "&gt; Say profits are 100mil, and a dividend is payed. Say 50 mil worth is payed out as dividend and 30 mil is kept as retained earnings for future investment.  This does not equate. Out of net income, it is only possible to either reinvest (retained earning) or payout (repurchase or dividend). You can't have a $20m gap there.  &gt; Can the remaining 20 mil be distributed to shareholders A and B, so that they both get 10mil each?  What makes them entitled to a separate, special dividend over the other shareholders?  &gt; Can certain shareholders be favored and get a bigger cut of profits than the dividends pay out is my question basically.  It kinda sounds like you're describing preferred equity, but doing it in a rather round-about way."}
{"_id": "137249", "title": "", "text": "I'd imagine it is the same for an adult. The money probably gets withdrawn and that's it.  However, if the scammer were to go to a branch in person, I'd imagine there would need to be some sort of photo identification to withdraw money. If it were online, then the scammer would also need the account holder's username and password.  Either way, chances are that once the money is gone, it's gone - unless the scammer can be found. Even then, the scammer might not have that money anymore."}
{"_id": "137251", "title": "", "text": "You are correct. She cannot claim the initial loss of $1,000 on her taxes, she can only report the $500 profit. However, the IRS does allow her to add the $1,000 loss to the basis cost of her replacement shares. e.g."}
{"_id": "137254", "title": "", "text": "Some things will get better (technological advances) and some will get worse (war) and who is president will have only the most peripheral influence on these things.  Plan for the economy to reflect an increasing dependence on automation and a decreasing dependence on human labor.  Social sciences will need to redefine what 'work' means to a population increasingly geared towards disassociation from the means of production."}
{"_id": "137255", "title": "", "text": "The main things to ask about are going to revolve around the best way to structure your business. Know what your plans are for partnership. Know whether or not you'll need a lot of up front capital, and if you'll be subjected to an abnormal amount of risk in the course of day to day operations. If you'll be working with one or more partners, ask for help with an operating agreement. You'll find out whether or not you need an accountant throughout these discussions.   Edit: Going through those points will enable your lawyer to help you file under the appropriate structure. Ask for help with anything you're unsure about."}
{"_id": "137262", "title": "", "text": "Public Securities Association Standard Prepayment Model is what the acronym psa stands for.  My understanding is that it allows for adjustments in monthly pre-payment amounts, which will then affect the yield of the bond.  Not really sure what the most important bond measure would be... but if I had to guess I'd say its the mechanical bond price/ bond yield relationship.  Yields go down, prices go up and vice versa."}
{"_id": "137267", "title": "", "text": "Paying off the high-interest debt is a good first start. Paying interest, or compound interest on debt is like paying somebody to make you poor. As for your 401k, you want to contribute enough to get the full match from your employer. You might also consider checking out the fees associated with your 401k with an online fee analyzer. If it turns out you're getting reamed with fees, you can reduce them by fiddling with your investments. Checking your investment options is always a good idea since jobs frequently change them. Opening an IRA is a good call. If you're eligible for both Roth and Traditional IRAs, consider the following: Most financial institutions (brokers or banks) can help you open an IRA in a matter of minutes. If you shop around, you will find very cheap or even no fee options. Many brokers might try to get your business by giving away something for \u2018free.' Just make sure you read the fine print so you understand the conditions of their promotional offer.  Whichever IRA you choose, you want to make sure that it's managed properly. Some people might say, \u2018go for it, do it yourself\u2019 but I strongly disagree with that approach. Stock picking is a waste of time and market timing rarely works.  I'd look into flat fee financial advisors. You have lots of options. Just make sure they hear you out, and can design/execute an investment plan specific to your needs At a minimum, they should: Hope this is helpful."}
{"_id": "137282", "title": "", "text": "its about going all in instead of lets say keeping a half time job as backup, or maybe its about not doing something that is best for the business and doing something that will be easier to get rid of in case things dont work out (a different way of not going all in)"}
{"_id": "137287", "title": "", "text": "What a bunch of idiots, I worked for Lowe's and their entire computer backend is ancient as fuck and a huge mess. I don't know if they still do it but before I left they bought a shit ton of iphones for basically scanning a product's tag so it can show you the product in front of you, only now on an iphone screen. They basically were trying to force you to use these iphones but they didn't really have a purpose, they did what we already did only now with an extra layer of obfuscation. And then once you were done with the phone if you had to do any kind of ordering or lookup you had to get on the computer anyways and enter all your shit into their ancient backend anyways. Product counts were never even reliable, someone always fucked something at some point in time so it might be accurate, it might say you have -2 products, it might say you have 3 products when the store only stocks one at a time. Plus all the crazy stupid shit they make employees do on computers, or take shitty tests to learn about what you are selling, except you have been selling those products you are just now suppose to be learning about for the past 6 months already."}
{"_id": "137299", "title": "", "text": "Bond ETFs are traded like normal stock.  It just so happens to be that the underlying fund (for which you own shares) is invested in bonds.  Such funds will typically own many bonds and have them laddered so that they are constantly maturing.  Such funds may also trade bonds on the OTC market. Note that with bond ETFs you're able to lose money as well as gain depending on the situation with the bond market.  The issuer of the bond does not need to default in order for this to happen.  The value of a bond (and thus the value of the bond fund which holds the bonds) is, much like a stock, determined based on factors like supply/demand, interest rates, credit ratings, news, etc."}
{"_id": "137307", "title": "", "text": "&gt; But so long as the incremental improvement to your bottom line is there, the investment is sound, with or without taxes.  wat  If E(ROA)&gt;0 it's a sound investment? Not at all.  &gt; any investment the company makes that improves their net income automatically means more money for the company  Where is this money coming from? If it's debt-financed it escapes corporate tax rate because interest payments are deductible. Is it coming from the company's retained earnings? We have less of that now because we hiked up the corporate tax rate.   Your argument also neglects the impact corporate taxes have on equity financing and corporate leverage."}
{"_id": "137317", "title": "", "text": "I would recommend to live in Harrison area if you work in Jersey City. Less city life but also lower living cost."}
{"_id": "137326", "title": "", "text": "I personally keep my LinkedIn and personal website updated and go to plenty of developer meetings. Fuck stagnation.I'm not about to work in a field for a single penny less than I make now. If I was doing development the company culture should be better and management should be respectful of my time at the least, but trying to work for the pittance they try to put out is ridiculous when you know your skills will earn them double what you make (or more.)"}
{"_id": "137344", "title": "", "text": "\"Not in the case of Steve Jobs!  He failed with Lisa, Macintosh, Newton, Next, almost brought Apple to bankruptcy, loss control of his company, and a terrible personality.  His \"\"success\"\" was the work of many gray people whom he took advantage of. Apple II was all Steve Wozniak idea and creation. Also the iPod and iPhone are other people ideas and creations.  Steve, was very good in marketing. Excellent in that area. That's it.\""}
{"_id": "137353", "title": "", "text": "\"My question boiled down: Do stock mutual funds behave more like   treasury bonds or commodities? When I think about it, it seems that   they should respond the devaluation like a commodity. I own a quantity   of company shares (not tied to a currency), and let's assume that the   company only holds immune assets. Does the real value of my stock   ownership go down? Why? On December 20, 1994, newly inaugurated President Ernesto Zedillo   announced the Mexican central bank's devaluation of the peso between   13% and 15%.  Devaluing the peso after previous promises not to do so   led investors to be skeptical of policymakers and fearful of   additional devaluations. Investors flocked to foreign investments and   placed even higher risk premia on domestic assets. This increase in   risk premia placed additional upward market pressure on Mexican   interest rates as well as downward market pressure on the Mexican   peso.  Foreign investors anticipating further currency devaluations   began rapidly withdrawing capital from Mexican investments and selling   off shares of stock as the Mexican Stock Exchange plummeted. To   discourage such capital flight, particularly from debt instruments,   the Mexican central bank raised interest rates, but higher borrowing   costs ultimately hindered economic growth prospects. The question is how would they pull this off if it's a floatable currency.  For instance, the US government devalued the US Dollar against gold in the 30s, moving one ounce of gold from $20 to $35.   The Gold Reserve Act outlawed most private possession of gold, forcing   individuals to sell it to the Treasury, after which it was stored in   United States Bullion Depository at Fort Knox and other locations. The   act also changed the nominal price of gold from $20.67 per troy ounce   to $35. But now, the US Dollar is not backed by anything, so how do they devalue it now (outside of intentionally inflating it)?  The Hong Kong Dollar, since it is fixed to the US Dollar, could be devalued relative to the Dollar, going from 7.75 to 9.75 or something similar, so it depends on the currency. As for the final part, \"\"does the real value of my stock ownership go down\"\" the answer is yes if the stock ownership is in the currency devalued, though it may rise over the longer term if investors think that the value of the company will rise relative to devaluation and if they trust the market (remember a devaluation can scare investors, even if a company has value). Sorry that there's too much \"\"it depends\"\" in the answer; there are many variables at stake for this.  The best answer is to say, \"\"Look at history and what happened\"\" and you might see a pattern emerge; what I see is a lot of uncertainty in past devaluations that cause panics.\""}
{"_id": "137360", "title": "", "text": "I can't decide what to do about apple. Huge market share, huge gobs of cash that they don't know what to do with, huge eps and potential to be the best dividend stock of all time. But they have basically one product that carries the entire organization, the i-phone, which i personally don't like. How do i think about that company? Is it super low risk, or actually super high risk? I just don't know."}
{"_id": "137377", "title": "", "text": "WRONG. Assuming each account has the same investment option the rate of return is not dependent on the initial amount of money in the account, but rather the allocation amongst said investment. Suppose based on your investment allocation in either account you gain 10% interest over the year.  In the first scenario your ending balance will be (30000+4800)*1.10 = $38,280.  In the second scenario your first account will be worth 30000*1.10 = $33,000, and the second account will be worth 4800*1.10 = 5280, for a total of 33000+5280 = $38,280."}
{"_id": "137378", "title": "", "text": "This is what helped me.  - I did my own taxes - get your own job, not from your parents, or parents friends, but entirely by yourself. Complete independence will equate to financial independence - Wikipedia (for specifics and definitions) paired with finance genre movies - audiobook, or YouTube video, 'why an economy grows, and why it doesnt'   That's a good start. Good luck!   Don't be too gung ho to invest and all that crap, you got lots too learn. Rule 1: don't be too eager, that's how you lose all your money! My best financial investments to date were:  1) my education (engineering) 2) I didn't pay my student loan off, instead, I bought a property, and I made $70,000 in 8 months off of one, and $100,000 off of another one in 2 years,  3) still making minimum payments on my student loan, a dollar today is worth more than a dollar tomorrow  4) pack my own lunches every day, eating out every meal ends up costing more than most mortgage payments.   This is in Vancouver BC, Canada."}
{"_id": "137381", "title": "", "text": "\"Oh that's easy just google relevant deals and you should find CIMs online. Here is a link to an example. I just googled \"\"confidential information memorandum\"\". I'd air on the side of caution in having these shared directly from a client considering the information is confidential.   https://barbadosunderground.files.wordpress.com/2015/06/cahill-energy-translation_seekpanda-english1.pdf\""}
{"_id": "137393", "title": "", "text": "\"As you clarified in the comments, it is not a contract work but rather an additional temporary assignment with the same employer. You were paid for it in form of a \"\"bonus\"\" - one time irregular payment, instead of regular periodic payments. Irregular wage payments fall under the flat rate withholding rule (the 25% for Federal, some States have similar rules for State withholding). This is not taxes, this is withholding. Withholding is money the employer takes from your salary and forwards to the IRS on the account of your tax liability, but it is not in itself your tax liability. When you do your annual tax return, you'll calculate the actual tax you were supposed to pay, and the difference between what was withheld and your actual tax will be refunded to you (or owed by you, if not enough was withheld). You can control the regular pay withholding using W4 form.\""}
{"_id": "137406", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.richmondfed.org/-/media/richmondfedorg/publications/research/working_papers/2017/pdf/wp17-12.pdf) reduced by 98%. (I'm a bot) ***** &gt; 7 3 Local Dynamics The local dynamics of the simple search and matching model have been studied by Krause and Lubik.  &gt; In the previous literature, for example Mendes and Mendes and Bhattacharya and Bunzel, the backward dynamics are defined via the map g by rearranging to isolate &amp;theta;t : \u0010 \u00111/&amp;xi;  &amp;theta;t = a&amp;theta;t+1  c&amp;theta;t+1 + d = g. 11 Under risk aversion, the dynamics depend on the time path of output yt.  &gt; 4.2 Stability Properties We now study the dynamics of the backward map zt = f. We first establish the properties of the function f. We then study the stability properties of the steady state, where we distinguish between two broad areas of dynamics in the backward map, namely stable and unstable.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/788alk/fed_global_dynamics_in_a_search_and_matching/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233564 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **dynamic**^#1 **model**^#2 **0.1**^#3 **1**^#4 **map**^#5\""}
{"_id": "137414", "title": "", "text": "\"The weird thing is that if you use the credit impact simulators with the credit monitoring services, they show that the impact of paying your credit cards off completely is more negative than carrying a small balance, which doesn't make a great deal of sense, one would think.  From what I can gather, the rationale is that carrying a small balance shows you making payments over time, as opposed to having a zero balance.  This doesn't quite compute with me, but I don't truly understand the inner workings of the scoring models.  To confirm this, I used simulators with both TransUnion and Experian, and both showed this.  I know that it's easy to find people on both sides of this argument, so I can't say which is the best option (certainly whichever side someone falls on is the one they'll argue is the right one! chuckle). In all fairness, your best tool is time.  The effects of your prior bad decisions will lessen over time as they move further away in your history and then disappear altogether.  Obtaining a credit card just because you think you need one is not a compelling argument, by any means.  If you can't rationalize reasons why you need it then maybe you should question the wisdom of such a decision.  If you don't have a particular need for better credit right now, why be in a hurry to take on debt? Whatever the formulas are for calculating credit scores, the specific details are a pretty closely-guarded secret (they're proprietary for starters, plus it theoretically prevents people from \"\"gaming the system\"\" for a better score), but if you do enough research online, you can get a pretty good sense of how they work in general. Whatever you do with your credit should be in line with your overall financial goals.  If you want to remain debt-free (at least for now) then having a credit card you can't otherwise justify a need for just introduces temptations which could prove tough to resist (\"\"wants\"\" quickly turn into \"\"needs\"\" when you can put it on a card you pay later), then you're right back in the same place you were earlier in your life. Instead of trying to figure out the \"\"best strategy\"\" for a credit card, first ask yourself how necessary it is to you right now in light of your financial objectives, then go from there. I hope this helps. Good luck!\""}
{"_id": "137415", "title": "", "text": "Let me explain this for you:   - Massive decrease in sales from 2009-2010= bad government (Obama/Bernanke).  - Even bigger increase in sales from 2010-2013= substantive economic growth due to a well-run company.  - Later downturn in 2013-2014= bad government (Obama/Bernanke)  Basically, when a company is increasing overall revenue and profits, that's because economics and free-markets. When a company is losing sales and revenues, that's because Obama. If their stock-price goes up when it shouldn't, that's also because Obama.   Stock prices that are high right now are only high because Obama/Bernanke, except when they are high because of something else. When stock prices go down, it will also be because of Obama/Bernanke.   Hopefully that clarifies things for you."}
{"_id": "137418", "title": "", "text": "I tried to find that out once, and learned 'theoretically never'. The reason is that the guy who gave you the check (name him guy-1) might have deposited a check from guy-2 a day before, and without that money, his check will bounce. Now guy-2 might have deposited a check from guy-3 a day before, and without that money, his check will bounce. Repeat for a while, and then bounce the check from guy-99, and it takes the banks months to unravel it. Yes, improbable. But. A friend working in a bank explained me that, he had seen chains of three and four unravel, which took 20+ days."}
{"_id": "137434", "title": "", "text": "\"That would have been right after he started.  He started immediately before the 9/11 attack.  The stock pretty consistently lost value for years as GE Capital disintegrated.  The 2007/8 economic dip hit GE's money business like a city bus as they owned a bunch of consumer debt (some of the shittiest debt around).  Lately, Jeff hasn't been able to sneeze without the stock price dipping.  Their \"\"digital\"\" push is more a punchline than a real business movement.  The company needs some direction.  Buy or sell the right parts.  Quit focusing on quarterly cost cutting as a means to meet unrealistic goals.  Etc.  The company needs new leadership, if only for the optics to the market.\""}
{"_id": "137435", "title": "", "text": "\"I always used Uber until one day they just stopped accepting any payment method I added! No matter what I used, credit cards, debit cards, Paypal, it always claimed that it was an invalid payment method. I worked with Uber support for weeks to resolve this, including being given access to their super-secret web-based option that requires them to explicitly enable for you. THAT worked exactly one time, then I was right back where I was.  I created a Lyft account out of desperation, and it worked every time with the same payment methods that Uber had issues with. So, I used Lyft exclusively for awhile.  The only difference I noticed was that Uber drivers, at least for awhile, seemed to be professionals in other industries who drive for fun or just extra cash. I would ride with someone who's day job was providing IT consulting for area casinos, and it was always a really fascinating conversation! Conversations with Lyft drivers tended to center around how they had just done a title loan against the REALLY old car I was driving in, because he lost everything in the divorce and couldn't get back on his feet\u2026  Eventually, I found that my issue with Uber was a \"\"family\"\" profile I had created and forgotten about that included debit card information that had expired, and once I deleted the profile, things worked again. (NEVER got any feedback from their support department when I shared this with them)  So now I tend to favor Lyft just because of the issues with Uber's corporate culture. I was in a LOT of start-ups during Silicon Valley's heyday, and even though I encountered some levels of misogyny, anything even remotely close to the stories I've heard out of Uber would have caused an uproar!\""}
{"_id": "137444", "title": "", "text": "\"Why does the value of gold go up when gold itself doesn't produce anything? Why do people invest in gold? Your perception, that the value of gold goes up in the long run, is based on the price of gold measured in your favorite paper currency, for example the US Dollar. An increasing price of gold means that in the visible gold market, market participants are willing to exchange more paper currency units for the same amount of gold. There are many possible reasons for this: While HFT became extremely important for the short term price movements, I will continue with long term effects, excluding HFT. So when - as a simple thought experiment - the amount of available paper currency units (US $ or whatever) doubles, and the amount of goods and services in an economy stay the same, you can expect that the price of everything in this economy will double, including gold. You might perceive that the value of gold doubled. It did not. It stayed the same. The number of printed dollars doubled. The value of gold is still the same, its price doubled. Does the amount of paper currency units grow over time? Yes: https://research.stlouisfed.org/fred2/series/BASE/ In this answer my term \"\"paper currency units\"\" includes dollars that exist only as digits in bank accounts and \"\"printing currency\"\" includes creating those digits in bank accounts out of thin air. So the first answer: gold holds its value while the value of paper currency units shrinks over time. So gold enables you to pass wealth to the next generation (while hiding it from your government). That gold does not produce anything is not entirely true. For those of us mortals who have only a few ounces, it is true. But those who have tons can lease it out and earn interest.  (in practice it is leased out multiple times, so multiple that gain. You might call this fraud, and rightfully so. But we are talking about tons of gold. Nobody who controls tons of physical gold goes to jail yet).  Let's talk about Fear. You see, the perceived value of gold increases as more paper currency is printed.  And markets price in expected future developments. So the value of gold rises, if a sufficient number of wealthy people fear the the government(s) will print too much paper currency.  Second Answer: So the price of gold not only reflects the amount of paper currency, it is also a measurement of distrust in government(s). Now you might say something is wrong with my argument. The chart mentioned above shows that we have now (mid 2015) 5 times as much printed currency units than we had 2008.  So the price of gold should be 5 times as high as 2008, assuming the amount of distrust in governments stayed the same. There must be more effects (or I might be completely wrong. You decide). But here is one more effect: As the price of gold is a measurement of distrust in governments (and especially the US government since the US Dollar is perceived as the reserve currency), the US government and associated organizations are extremely interested in low gold prices to prove trust. So people familiar with the topic believe that the price of gold (and silver) is massively manipulated to the downside using high frequency trading and shorts in the futures markets by US government and wall street banks to disprove distrust. And wall street banks gain huge amounts of paper currency units by manipulating the price, mostly to the downside. Others say that countries like china and russia are also interested in low gold prices because they want to buy as much physical gold as possible. Knowing of the value that is not reflected by the price at the moment. Is there one more source of distrust in governments? Yes. Since 1971, all paper currencies are debt.  They receive their value by the trust that those with debt are willing and able to pay back their debt. If this trust is lost, the downward manipulation (if you think that such a thing exists) of the gold and silver prices in the futures markets might fail some day. If this is the case (some say when this is the case). you might see movements in gold and silver prices that bring them back to equilibrium with the amount of printed paper currencies. In times of the roman empire you got a good toga and a pair of handmade shoes for an ounce of gold. In our days, you get a nice suite and a good pair of shoes for an ounce of gold. In the mean time, the value of each paper currency in the history of each country went to zero and the US $ lost 98% of its initial value. As long as there is not enough distrust, more paper currency is made in equity markets and bond markets on average. (Be aware that you earn that currency only after you were able to sell at this price, not while you hold it) Gerd\""}
{"_id": "137449", "title": "", "text": "\"While it is not common, it is also not \"\"uncommon.\"\"  A subtle distinction. If you are poor, you almost certainly get some kind of government assistance (not even talking about Obamacare or Trumpcare, but just general assistance.) If you are middle class or rich, that is where you get hit the most.  They seem to realize you \"\"can't get blood from a stone\"\" and don't try to get payment out of poor people. But middle class and rich people, yes it just takes longer but they do hang in there with billing. My own experience is that years and years ago (way before Obamacare) I had a time in the hospital with a lot of tests, but I was poor and sleeping on a relatives floor at the time. I got all the tests I needed, and they took great care of me, and the hospital wrote it off as \"\"charity care.\"\"\""}
{"_id": "137459", "title": "", "text": "Mixing friendship and money, whether that's loans or landlording, is risky. Often things work out, but sometimes the unexpected happens, and it doesn't. If things go wrong, are you prepared to walk away from either the friendship or the money? After you've considered that, the next question is how your roommates feel about the deal. You're looking to charge your friends $2000 to rent part of a property that, from the sound of it, they could rent much cheaper from a stranger. Maybe the market is different in Cleveland, but in my area, I'd expect to pay $2000 in rent for a place worth closer to $300,000 than $100,000. Have your roommates expressed interest in the idea, and have you discussed dollar values with them? Are you still interested if they ended up paying $1600 in rent? $1000?"}
{"_id": "137462", "title": "", "text": "Bake backup to azure into their new powercli releases. Force poor saps like me who certify with microsoft products learn about their cloud so we can parrot back the marketing material to our corporate masters. Build a pretty flexible product that isn't junk (so I hear).  EDIT: My VMware is showing. Powercli should be Powershell."}
{"_id": "137465", "title": "", "text": "I'm fairly convinced there is no difference whatsoever between dividend payment and capital appreciation.  It only makes financial sense for the stock price to be decreased by the dividend payment so over the course of any specified time interval, without the dividend the stock price would have been that much higher were the dividends not paid.  Total return is equal. I think this is like so many things in finance that seem different but actually aren't. If a stock does not pay a dividend, you can synthetically create a dividend by periodically selling shares.   Doing this would incur periodic trade commissions, however.  That does seem like a loss to the investor.  For this reason, I do see some real benefit to a dividend.  I'd rather get a check in the mail than I would have to pay a trade commission, which would offset a percentage of the dividend. Does anybody know if there are other hidden fees associated with dividend payments that might offset the trade commissions?  One thought I had was fees to the company to establish and maintain a dividend-payment program.  Are there significant administrative fees, banking fees, etc. to the company that materially decrease its value?  Even if this were the case, I don't know how I'd detect or measure it because there's such a loose association between many corporate financials (e.g. cash on hand) and stock price."}
{"_id": "137468", "title": "", "text": "\"Hahaha the good old argument of authority. China made more progress on medicine by massively training doctors after it's revolution and sending them to rural areas. Comparatively, in the same development phase, the US was full of medicine shows selling snake oil to gullible idiots. In Europe, the public sector is the only one that can authorize a drug and is the only buyer (monopsony) ensuring drug prices remain low and that drugs like opioids never make it to people... The USA is one of the richest countries in earth, yet you perform worst that ALL other developed countries in health outcomes and health costs as a proportion of your GDP.. but sure, you're the \"\"experts\"\", you know something we don't.. probably how to rip people off.\""}
{"_id": "137474", "title": "", "text": "BTC is infinitely divisble. RIGHT NOW it's only up to 8 decimals. But if needed, more can be added. But the only way I see that happening is if a satoshi is somehow worth more than $1. If that happens though, even people with a fraction of a bitcoin will be millionaires."}
{"_id": "137478", "title": "", "text": "No. Not directly. A company issues stock in order to raise capital for building its business. Once the initial shares are sold to the public, the company doesn't receive additional funds from future transactions of those shares of stock between the public.  However, the company could issue more shares at the new higher price to raise more capital."}
{"_id": "137497", "title": "", "text": "What's to prevent a leaner, meaner competitor from coming into the market and out-competing a PBC that isn't focused on offering the best product for the lowest price? It seems nice, but unsustainable for any single business as long as they don't have a monopoly on the market they're in."}
{"_id": "137500", "title": "", "text": "&gt; pay more in taxes in a day than you will in a lifetime.  That literally has nothing to do with anything, aside from how Koch Industries receives incredible amounts of tax breaks and subsidies, even while selling chemicals to Iran and such other despicable acts."}
{"_id": "137516", "title": "", "text": "Good post - just to note to self to add my comments this weekend  A couple thoughts that came to mind (sorry, was working on an idea this weekend):  * When comparing companies, reviewing accounting policies in detail for any substantive differences. A notable example would be telecom companies who expense wireless subsidies vs. capitalizing them - obviously makes a large difference in a EBITDA-based * I always approach a company from a SOTP perspective... hidden assets or otherwise, many businesses have various segments, which if they can be reliably broken off, provide good insight into underlying op performance * If appropriate (i.e. will never be reinvested), tax-adjusting cash balances that are offshore * Cyclical industries, always compare on a mid-cycle basis * Dynamic schedules (i.e. at various prices) for dilutive instruments and proceeds thereof. For most large caps this is not relevant, but for certain industries it is much more popular (e.g. resource, tech)"}
{"_id": "137517", "title": "", "text": "That hurt them I admit, but I think it just accelerated an already growing trend of Chipotle's quality going to shit.  I've eaten there twice recently and it just tasted so bland. I did notice the whole staff was white high school kids so that may play a role, I wouldn't expect them to make an amazing burrito. No offence to them or anything but I wouldn't expect an Asian person to make an amazing lasagna either.   [I wonder if the trouble they got into for hiring illegal immigrants a few years back forced them to get rid of their talent?](https://www.bloomberg.com/news/articles/2012-05-24/chipotles-undocumented-worker-problem-resurges)  Because right now it's mediocre at best. [Shout out to Freebirds.](https://freebirds.com/)"}
{"_id": "137520", "title": "", "text": "\"This is only partly true.  The main problem is that the average person is not a fully informed healthcare consumer.   For example if you go to your local doctor with lower back pain: One doctor might prescribe a whole bunch of expensive diagnostics tests; another might tell you to go to a physiotherapist; and yet another might tell you to take some cheap pain killers and come back in six weeks time if nothing has changed. Most people will have no way of knowing which is the best course of action. Then, in a country like the US which is very litigiousness, all the doctors will recommend the most comprehensive and expensive care-package so that they don't get sued.   Ultimately economists do not work in healthcare and are not qualified to recommend the best financial model for healthcare delivery.  To quote Donney \"\"Who knew that healthcare was so complicated?\"\" certainly not the economists.\""}
{"_id": "137526", "title": "", "text": "So you're saying as long as they are always slightly up investors will be happy? I can believe that. Also, here is some evidence to support you. http://www.hedgeweek.com/2017/07/20/254194/hfr-reports-hedge-funds-allocations-beat-redemptions  Though you have to admit negative returns must be especially hard to own to your investors when everything is up"}
{"_id": "137534", "title": "", "text": "\"How is it rhetorical? Of course it can be answered, it's based on an actual concern and actual research done by other economists and it invokes discussion.  Being called a \"\"Debbie Downer\"\" is just an ad hominem that translates to: I don't like the way question you're making cause it's sad, so I'm just not going to answer it\""}
{"_id": "137559", "title": "", "text": "&gt; since there are apparently some people dumb enough still not to get it,  How can one not get it?  The whole internet knows the bull story.  You need to ask yourselves why the actual battery companies balked at building plants for his cars and he has to go out and do it himself."}
{"_id": "137562", "title": "", "text": "She will have no problem finding a job elsewhere if Zynga goes sour. Their engineers are very talented because they pay high and they are very selective. People in the industry know that. Whether the company makes money or not only affects her bonus. In the mean time, enjoy the big salary and the benefits."}
{"_id": "137572", "title": "", "text": "Why do savings accounts for businesses offer less yield than bank accounts for individuals?  The money held in savings account on a collective average substantial amount stays with the Bank. The Bank is better able to predict and thus invest this money in individual savings account in market to make more money. Money held in Business accounts are unpredictable and can get withdrawn, the Bank is thus not able to predict the behaviour and hence not able to invest this better to get good returns, hence the interest offered is low. Most Banks have special products for Businesses that would give better return but come with some kind of lock-in or minimum balances."}
{"_id": "137573", "title": "", "text": "I have a Surface RT and I am pretty happy with it. Not sure what you mean by 'not compatible', considering I use googledrive and onedrive to transfer my D&amp;D PDF's and Inventory Excel sheets and Spellbook Word files between it and my Win7 Desktop. It's entirely compatible, you just can't install .exe applications. Which, I grant you, is frustrating when it's just so close to a full system. But it's way more compatible with my desktop than an ipad or android.   Also, the Surface RT and Surface Pro both released at the same time. I will grant you that was a marketing mistake, and they should have had a more obvious name difference because one is a full fledged computer in tablet form, and the other is a hybrid."}
{"_id": "137581", "title": "", "text": "\"&gt; Neither is synonymous with \"\"the American Dream\"\" -- self employment is not necessary to achieve it.  You can't really \"\"achieve it\"\" if you're working for some other man. This might change in the future, but in today's environment working for other people is an oppressive abusive relationship where you never get paid what you're worth and you are only there to help someone else get a leg up.\""}
{"_id": "137602", "title": "", "text": "Your preferred answer: It's not debt, it's magic. It never has to be paid back.  Ok, go ahead tell us all you know about QE and how it isn't debt. Your half baked version of the socratic method isn't working too well."}
{"_id": "137648", "title": "", "text": "It\u2019s 60-70% of US transportation. Not ICE passenger transport. Around 60% of that is for LD vehicles. Down to around 35% of the total.  Global oil consumption is different that US oil consumption though.  Many countries are not as heavily saturated by vehicles on a per capital basis as the US.   It\u2019s possible the stat I was reading was around 20% could be eligible for replacement by electric.    Other important note: Most vehicles are considered \u201celectric\u201d even if they are simply Hybrids that use an ICE to charge a battery."}
{"_id": "137655", "title": "", "text": "I don't have subscription myself, but I know somebody who does. I think it is actually pretty expensive what they do. They have millions of old records from all over the world scanned and digitized. Somebody has to go to all the archives, request the documents and scan them in. They have records that are hundresds of years old and you won't find otherwise on the internet."}
{"_id": "137667", "title": "", "text": "Dropping college enrollments is more a function of a healthy economy and low unemployment. It will pop again once the next recession comes. College is cyclical, like many other businesses. Don't use this as an excuse not to improve yourself and your skills!"}
{"_id": "137672", "title": "", "text": "&gt; Second, ensure your product experience is outstanding, creating ongoing repeat from happy consumers.  TiVo's customer experience IS outstanding. I have been a loyal TiVo DVR user since 2003 and their interface and feature set is greatly superior to the junk DVRs that the cable companies provide.  The problem for TiVo seems to be overcoming the convenience and cost benefits that the cable company provides with their inferior product.    What would have been an ideal business model for TiVo would have been to get cable companies to offer TiVo boxes - or cable boxes with the TiVo interface, perhaps as an upsell product from ther basic DVR. I honestly believe that if a user tried a TiVo for a short period of time they would choose to pay a little extra for it."}
{"_id": "137675", "title": "", "text": "In Chicago, for HD and dvr, typical price for phone/internet/tv bundle is about 100-120 a month.  My parents pay double that because they make no effort to look for the deals.  But that's for several hundred channels, not sure whether programming is comparable in France."}
{"_id": "137694", "title": "", "text": "For the united States forms must be submitted electronically with the Securities and Exchange Commission , they also must be posted to company websites."}
{"_id": "137708", "title": "", "text": "First of all, make sure you have an emergency fund.  Ideally this should be at least 6 months of living expenses in an easily accessible place. Do you have any credit card debt, school debt, or other debt?  Work towards becoming debt free, especially of higher interest debt and debt on things that are only depreciating (cars, for example).  If you have extra income, consider putting it towards debt. If you currently have access to a 403b, you should begin investing immediately.  If not, look into a Roth IRA.  The community has provided suggestions for good places to get one.  With a Roth IRA you take post-tax income money and invest it into this retirement account and when you reach retirement age you get it and all the interest as tax-free income.  You can't withdraw the principal until retirement age.  You should put up to the legal limit into a retirement account - if you can't do this at first work towards this goal. After an emergency fund, becoming debt free, and fully funding your retirement, save for goals such as a house or other things you are working towards. The exact order of doing these things might vary, but in general you need the emergency fund first."}
{"_id": "137732", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.reuters.com/article/egypt-economy-idUSL8N1JQ1G5) reduced by 85%. (I'm a bot) ***** &gt; CAIRO, June 29 Egypt on Thursday hiked fuel prices by up to 50 percent to help meet the terms of a $12 billion IMF loan deal, a sharper rise than expected by many struggling with soaring living costs and a further test of President Abdel Fattah al-Sisi&amp;#039;s popularity.  &gt; Fuel oil prices to cement factories will rise by 40 percent to 3,500 Egyptian pounds per tonne from 2,500 pounds a tonne, but gas prices to the industrial sector will remain stable, Molla said.  &gt; The central bank floated the pound last November as part of reforms agreed with the IMF. At that time, the government increased fuel prices by as much as 46 percent.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kd7sd/egypt_hikes_fuel_prices_by_up_to_50_percent_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155772 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **pound**^#1 **price**^#2 **percent**^#3 **Egyptian**^#4 **fuel**^#5\""}
{"_id": "137736", "title": "", "text": "\"A great deal of analysis on this question relies on misunderstandings of the market or noticing trends that happened at the same time but were not caused by each other.  Without knowing your view, I'll just give the basic idea. The amount of active management is self-correcting.  The reason people have moved out of actively managed funds is that the funds have not been performing well.  Their objective is to beat their benchmarks by profiting as they correct mispricing.  They are performing poorly because there is too much money chasing too few mispricings.  That is why the actively managed industry is shrinking.  If it gets small enough, presumably those opportunities will become more abundant and mispricing correction will become more profitable.  Then money will flow back into active funds. Relevant active management may not be what a lay person is thinking of.  At the retail level, we are observing a shift to passive funds, but there is still plenty of money in other places.  For example, pension and endowment funds normally have an objective of beating a market benchmark like the Russell 3000.  As a result they are constantly trying to find opportunities to invest in active management that really can outperform.  They represent a great deal of money and are nothing like the \"\"buy and forget\"\" stereotype we sometimes imagine.  Moreover, hedge funds and propreitary trading shops explicitly and solely try to correct mispricings.  They represent a very, very large bucket of money that is not shrinking.  Active retail mutual funds and individual investors are not as relevant for pricing as we might think.  More trading volume is not necessarily a good thing, nor is it the measure of market quality.  One argument against passive funds is that passive funds don't trade much.  Yet the volume of trading in the markets has risen dramatically over time as a result of technological improvements (algorithmic traders, mostly).  They have out-competed certain market makers who used to make money on inefficiencies of the market.  Is this a good thing or a bad thing?  Well, prices are more efficient now and it appears that these computers are more responsive to price-relevant information than people used to be.  So even if trading volume does decrease, I see no reason to worry that prices will become less efficient.  That's not the direction things have gone, even as passive investing has boomed. Overall, worries about passive investing rely on an assumption that there is not enough interest in and resources for making arbitrage profits to keep prices efficient.  This is highly counterfactual and always will be.  As long as people and institutions want money and have access to the markets, there will be plenty of resources allocated to price correction.\""}
{"_id": "137738", "title": "", "text": "Technically, everyone would be fine with you not being insured. As long as you pay your fair share in taxes for the time you break a leg or something and suddenly you're really glad it doesn't cost you the arm as well, if you catch my figurative drift.  It is literally proven by reality outside of the us that it works. It's sure as hell not perfect, but miles ahead of privatized health care. Low costs for the individual, access to every necessary treatment and drug for close to nothing."}
{"_id": "137746", "title": "", "text": "Problem with deciding investments in a company is that you have multiple potential options, each with their projected returns, but each also has some hard-to-estimate risks. A further problem is that these opportunities arrive one-by-one, so you usually cannot compare project A vs. project B to decide which one is better. The internal rate of return is a rule-of-thumb like way to make these decisions. The company board may set an IRR target of e.g. 15%, and each executive will compare their projects against that target. They'll execute only the projects that are projected to give a good return, but some of these projects will end up failing. Thus the real average profit will not be equal to IRR. Important thing is that this target number gives ways to compare projects, and also for the board to control the investments. If the company has a good track record of being successful at projects, the board might set an IRR target of 10% and expect to get e.g. 8% return on their investment. However, if the company has a much larger risk of projects failing, they might demand a predicted IRR of 20% to account for the risk. Ultimately if the IRR target is set too high, the company will find no projects it considers profitable to invest in. In practice if this happens, the company owners are better off taking out the cash as dividends and investing it elsewhere."}
{"_id": "137794", "title": "", "text": "&gt;This buildup of excessive debt started so long ago -- Levy dates it to the 1980s in the U.S. -- that people no longer know what's prudent.  This is echoed elsewhere.  At this time, people that use capital don't truly know how much it's worth because it's so abundant.  Consequently, creates difficult in making business decisions."}
{"_id": "137806", "title": "", "text": "We started with our son about age 5 or so.  He was at the time old enough to understand that you buy stuff using money.   We don't give allowance, rather we made up a job chart that he can put checks on, and give him a small amount for each job that he does.  This is meant to enforce the idea of 'work and get paid, don't work don't get paid', and associate the concept of work and money.   We also try to teach him the concept of giving, spending and saving, by having envelopes with those words on them and dividing the 'commission' money between them.   The give money is used for a charitable organization.  The save money is used in a couple of ways - either to save for a large item that he wants, or to put into a savings account.  The spend it money he is free to buy whatever he wants with.   We got this plan from the Dave Ramsey Show, and it has been really good so far.  The best thing about it is that when we are at the store and he sees something he wants, we can ask 'did you bring your money?'  This keeps the begging down to a minimum and also helps us teach him to make a list of stuff he wants and can save for."}
{"_id": "137810", "title": "", "text": "\"i really want to know. and you shouldn't lose hope because reddit says so. if you can show there is a market for this, and you have a legitimate plan with attainable objectives, sound financial backing, and you have contingency plans in place, and you truly believe in this idea and are willing to put everything you have into this idea, then go for it. but if this is a \"\"meh, it would be kinda cool if...\"\" type of business approach, then drop it immediately.\""}
{"_id": "137852", "title": "", "text": "I think the advice Bob is being given is good. Bob shouldn't sell his investments just because their price has gone down. Selling cheap is almost never a good idea. In fact, he should do the opposite: When his investments become cheaper, he should buy more of them, or at least hold on to them. Always remember this rule: Buy low, sell high. This might sound illogical at first, why would someone keep an investment that is losing value? Well, the truth is that Bob doesn't lose or gain any money until he sells. If he holds on to his investments, eventually their value will raise again and offset any temporary losses. But if he sells as soon as his investments go down, he makes the temporary losses permanent. If Bob expects his investments to keep going down in the future, naturally he feels tempted to sell them. But a true investor doesn't try to anticipate what the market will do. Trying to anticipate market fluctuations is speculating, not investing. Quoting Benjamin Graham: The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell. Assuming that the fund in question is well-managed, I would refrain from selling it until it goes up again."}
{"_id": "137854", "title": "", "text": "I don't think I could stand listening to him for 10 seconds without throwing the radio out the window, but he works his ass off and I respect him for that. He is his own brand and everything he does is inspected by a hundred million eyeballs. I would not care to be in that position. Haters gonna hate especially when you are self made millionaire by 16.  Also Scooter! That guy took some squeaky kid, saw something in him I still don't see in him, and turned him into a golden goose. Hate his product if you have to, but he is a fucking genius."}
{"_id": "137856", "title": "", "text": "I suspect you will need to consult with a tax professional on this one.  In New York you would need to continue to file returns even if you did no business there until the partnership is dissolved.  But I have no idea if Cali has anything rules like that.  I would suspect since the partnership is on going the answer is no.  Even though you plan no further business in Cali the potential exists that you could return there(even if only in theory)."}
{"_id": "137874", "title": "", "text": "\"&gt; Asking people to travel less is silly, and punishing companies for CO2 emissions when there is no alternative is also silly,  If the current science on climate change is true, and it certainly seems to be, then asking people to travel less or to produce less CO2 isn't \"\"silly\"\" , it's desperately important.  It's really like a smoker with a nagging cough saying it's \"\"silly\"\" to consider stopping smoking.  Don't get me wrong - I love to travel, I've been in dozens of countries.  But I've cut back on my travel and even more been finding ways to travel with less footprint on the Earth (read: trains).\""}
{"_id": "137875", "title": "", "text": "that's an accurate assessment. i don't want to deny the young man his accolades just because i hate everything about him, but, well, i hate everything about him and really don't think he should be called a VC in the same manner actual, more dedicated VC's are."}
{"_id": "137877", "title": "", "text": "So My question is if I purchased the shares on 03-08-15 then will I get the dividend? Yes if you purchase on 3-Aug, the shares will actually get credited to your account on 5-Aug and hence you will hold the shares on 6-Aug, the record date."}
{"_id": "137887", "title": "", "text": "\"&gt;No system is going to be perfect, especially one that is totally inflexible.  Certainly. But you come right back to the need for \"\"good/wise management\"\".  And part of that is constructing a system that doesn't have OBVIOUS and BLATANT loopholes.  &gt;&gt;But it is a lot easier to say no to someone when you can back it up by saying \"\"I think this is going to take 2,000 hours and the CEO has only granted you 1,000 hours. Figure out what you can live without and get back to me.\"\"  And you have just given an example of a very BAD/UNWISE management system, and likely entirely arbitrary budgets (does the CEO know his arse from a hole in the ground?  Why was 1,000 hour budgeted? How many departments are going to be allocated 1,000 hours and yet have little or no use for them? {But of course, as will ALL \"\"budgeting\"\" systems, those hours are probably \"\"use it or lose it\"\" -- so the department head of dept A will be deprived because of the arbitrary/past-weighted allocations, and the head of dept B will end up wasting 1,000 hours on crap just to make sure he gets 1,000 hours again next year).  Bad management tends to build management systems that are even WORSE than their original management.  *And if you lived under your \"\"budgeted hours\"\" system for a couple of years... you'd be back here bitching about how STUPID that system is.*\""}
{"_id": "137898", "title": "", "text": "With every loser there is a winner on trades like that.  There were some other large hedge funds that figured out what they were doing, and basically just added fuel to the fire and are now making great money as a result.   Had the bet reversed, JPM would have been the winner.  Check [THIS](http://www.nytimes.com/2012/05/27/business/how-boaz-weinstein-and-hedge-funds-outsmarted-jpmorgan.html?pagewanted=all) out."}
{"_id": "137901", "title": "", "text": "If you're in the USA and looking to retire in 10 years, pay your Social Security taxes? :P Just kidding. Do a search for Fixed Rate Annuities."}
{"_id": "137903", "title": "", "text": "Couldn't you say the reverse, the lower investors are taxed, the more willing they are to invest into risky investments like sub-prime mortgages?  Edit: I think the major point John is trying to get across is that their are a myriad of factors that motivate people, profit is one of them, but not the only one.  And this business/financial culture thrives on and breeds people who's sole motivate is profit. Not helping the world, or creating something interesting, or feeding children, or creating a better quality of life for society, but pure profit above all else.     So if profit is your only motivation for anything, then having a 3% greater tax rate is completely uncalled for."}
{"_id": "137919", "title": "", "text": "\"Amount is the closest single word.  \"\"Amount in dollars\"\" would be the easiest way to specify information you are requesting.  \"\"Amount and currency\"\" if you ware in an area using multiple currencies.  An accountant might be able to give you a more technical term, but it would be accountancy jargon.  Amount due, credit amount, debit amount, amount deposited, amount credited, amount withdrawn, or amount included.  If you're writing instructions and want to specify that the person following the instructions needs to indicate the currency, you'll probably have to simply state that requirement.   Based on US centric thinking, inside the US, money is dollars, dollars is money.  For US citizens outside the country, we would always tack on the currency.  100 dollars, or 100 Euro.  There is a segment of Americans who do not understand geography, and that other countries exist, and that they use different currencies, might not realize that other countries have currencies named dollars, and that USD means US Dollars.  So for U.S. citizens, be specific and clear. Bottom line, if this is written for US residents, and they need to specify the currency, you need to explicitly require them to \"\"List the amount and currency.\"\"\""}
{"_id": "137945", "title": "", "text": "\"&gt;My contention is that you should not need to pay out of pocket to be a \"\"good\"\" voter.  Super. Can you show me where I *did* say that?  No, you cannot, because I didn't. I said an \"\"educated populace.\"\" There are many ways to achieve an educated populace.\""}
{"_id": "137947", "title": "", "text": "\"I'm not going to go guilting you about how I haven't had a vacation in 4 years, I've just had a completely different experience that makes me wonder how you've gotten screwed so many times.  Right after relocation, I was renting cars because mine hadn't been shipped yet. I show up at the DFW Avis counter, and trade my Camry in for my new \"\"standard sedan (Camry or Altima).\"\" Turns out, the Camry and the Altima have VASTLY different trims even though you pay the same for them. When I took the Altima back, I told the nice young lady behind the counter \"\"if I have to drive another Altima for a week, I'm going to blow my brains out, possibly IN the Altima.\"\"  Instant upgrade to the Charger.   Ever since, I've never missed with a policy of simply being nice to the agent.  Agent: Alright sir, your car is in space G15.  Me: I just have to ask, is G15 an Altima?  Agent: It's in the Camry/Altima class.  Me: But is it an Altima? Because I want to save myself the time and effort of walking to the spot, seeing that it's an Altima, and then walking back here to pay the difference to get something else.  Agent: It's an Altima... *types furiously*... Ok sir, I put you in D2 at no charge, I think you'll find it's not an Altima. (Another Charger)  Same situation landing in Sacramento, \"\"hey do you guys have a convertible available? It's Cali after all... I'll pay the difference.\"\" Free convertible upgrade.  Now, if you're driving an hour outside of DFW, it sounds like maybe you go to some out of the way places, and when you fly into Podunk Hollow they might only have one convertible in the whole place. But there's no way you book a sports car at DFW and wind up in a Kia.  Also, who flies in with 3 kids in tow and needs specifically a Tahoe? I just imagine that guy would probably catch a few more Tahoes if he would reserve something he's comfortable with (like the Santa Fe) and then asking the agent in person once he arrives. The kids look tired and miserable, his wife really doesn't want to ride around in a Santa Fe all week, and hey Mr. Agent, don't you have anything that rides a little better than a Santa Fe? My back is killing me after that flight...\""}
{"_id": "137953", "title": "", "text": "Get to know the people that supply the business and their relationship to the success of the business, as well as, the customers of your business.  Maintaining previous personal relationships is critical.  Where reasonable keep doing things the way dad and grandpa did it with this people.  Explain to them why you need to make such changes.  Give them plenty of advanced notice."}
{"_id": "137972", "title": "", "text": "People arent disagreeing with him because hes being honest, its because his comment is a bit ignorant. No one likes having shitty lazy coworkers even the people who work hard and smoke a joint when they get home. So to lump those two together is ignorant."}
{"_id": "137984", "title": "", "text": "\"We're in agreement, I just want retail investors to understand that in most of these types of discussions, the unspoken reality is the retail sector trading the market is *over*. This includes the mutual funds you mentioned, and even most index funds (most are so narrowly focused they lose their relevance for the retail investor).  In the retail investment markets I'm familiar with, there are market makers of some sort or another for specified ranges. I'm perfectly fine with no market makers; but retail investors should be told the naked truth as well, and not sold a bunch of come-ons. What upsets me is seeing that just as computers really start to make an orderly market possible (you are right, the classic NYSE specialist structure was outrageously corrupt), regulators turned a blind eye to implementing better controls for retail investors.  The financial services industry has to come to terms whether they want AUM from retail or not, and having heard messaging much like yours from other professionals, I've concluded that the industry does *not* want the constraints with accepting those funds, but neither do they want to disabuse retail investors of how tilted the game is against them. Luring them in with deceptively suggestive marketing and then taking money from those naturally ill-prepared for the rigors of the setting is like beating up the Downs' Syndrome kid on the short bus and boasting about it back on the campus about how clever and strong one is. If there was as stringent truth in marketing in financial services as cigarettes, like \"\"this service makes their profit by encouraging the churning of trades\"\", there would be a lot of kvetching from so-called \"\"pros\"\" as well. If all retail financial services were described like \"\"dead cold cow meat\"\" describes \"\"steak\"\", a lot of retail investors would be better off. As it stands today, you'd have to squint mighty hard to see the faintly-inscribed \"\"caveat emptor\"\" on financial services offerings to the retail sector.  Note that depending upon the market setting, the definition of retail differs. I'm surprised the herd hasn't been spooked more by the MF Global disaster, for example, and yet there are some surprisingly large accounts detrimentally affected by that incident, which in a conventional equities setting would be considered \"\"pros\"\".\""}
{"_id": "137992", "title": "", "text": "[Scrapbook](http://scrapgirls.com/) can be a wonderful way to corral those loved ones photographs and reminiscences into an exciting publication. Scrapbooking can be calming for you as you do it, and a enjoyment as you discuss it.Books and content on scrapbooking for 1 kid are readily available, but think you have more than 1 kid. Suppose you have 7 kids. Then you need a publication or document on how to scrapbook for more than 1 kid."}
{"_id": "138028", "title": "", "text": "Except the state isnt actually paying anything, they are just not charging. Its not the same thing. The state doesnt lose any money by giving breaks to the factory, it's not a subsidy, and in the long run it provides more tax revenue, and all those jobs immediately provide more tax revenue. It's a no brainer for the state."}
{"_id": "138033", "title": "", "text": "Your colleague made a simple and incorrect assumption, that as our society's technology improves, we will use that technology to replace labor with capital, keeping output constant.  Clearly this is a contrived example, but it illustrates the point effectively:  Suppose we have a factory that produces some level of output and employs 1000 workers.  Say a technological breakthrough is developed that allows that factory to produce the same level of output using only 500 workers.  Your colleague is assuming those 500 people will lose their jobs.  But who is to say the factory won't just double its output?  In fact, since the 'Industrial Revolution' that is precisely what we've seen.  Since the beginning of the Industrial Revolution workers have shunned more productive capital in fear they will be replaced.  Historically, that has not been the case.  Society instead has used the more productive capital to produce more output."}
{"_id": "138065", "title": "", "text": "It really depends on the type of business  you are running.  If there is any chance of liability, you should protect yourself with an LLC.  Then it is much more difficult for them to sue and take personal assets.  For example, if you are a wedding photographer, you would want to be an LLC in case you lose someones pictures."}
{"_id": "138071", "title": "", "text": "Approach property management companies. I work for one with hundreds of properties and we need plumbers all the time. On the business side it simplifies your marketing and repeat business. We get potted flowers and candy from vendors all the time. Or they bring in pizza for lunch once a quarter to keep the relationship up."}
{"_id": "138090", "title": "", "text": "Many people like read articles and good articles can attract more people to read and help more pelple. this article belong to good article adapt to any people read. no matter men women or children ,younger of oler .this article is very meaningful from every aspect , such article is our like .thanks you give us so good article. We will support always."}
{"_id": "138096", "title": "", "text": "\"If you're asking this question, you probably aren't ready to be buying individual stock shares, and may not be ready to be investing in the market at all.  Short-term in the stock market is GAMBLING, pure and simple, and gambling against professionals at that. You can reduce your risk if you spend the amount of time and effort the pros do on it, but if you aren't ready to accept losses you shouldn't be playing and if you aren't willing to bet it all on a single throw of the dice you should diversify and accept lower potential gain in exchange for lower risk. (Standard advice: Index funds.)  The way an investor, as opposed to a gambler, deals with a stock price dropping -- or surging upward, or not doing anything! -- is to say \"\"That's interesting. Given where it is NOW, do I expect it to go up or down from here, and do I think I have someplace to put the money that will do better?\"\" If you believe the stock will gain value from here, holding it may make more sense than taking your losses.  Specific example: the mortgage-crisis market crash of a few years ago. People who sold because stock prices were dropping and they were scared -- or whose finances forced them to sell during the down period -- were hurt badly. Those of us who were invested for the long term and could afford to leave the money in the market -- or who were brave/contrarian enough to see it as an opportunity to buy at a better price -- came out relatively unscathed; all I have \"\"lost\"\" was two years of growth. So: You made your bet. Now you have to decide: Do you really want to \"\"buy high, sell low\"\" and take the loss as a learning experience, or do you want to wait and see whether you can sell not-so-low. If you don't know enough about the company to make a fairly rational decision on that front, you probably shouldn't have bought its stock.\""}
{"_id": "138102", "title": "", "text": "\"I would like to add my accolades in saving $3000, it is an accomplishment that the majority of US households are unable to achieve. source While it is something, in some ways it is hardly anything.  Working part time at a entry level job will earn you almost three times this amount per year, and with the same job you can earn about as much in two weeks as this investment is likely to earn, in the market in one year.   All this leads to one thing:  At your age you should be looking to increase your income.  No matter if it is college or a high paying trade, whatever you can do to increase your life time earning potential would be the best investment for this money.   I would advocate a more patient approach.  Stick the money in the bank until you complete your education enough for an \"\"adult job\"\".  Use it, if needed, for training to get that adult job.  Get a car, a place of your own, and a sufficient enough wardrobe.  Save an emergency fund.  Then invest with impunity. Imagine two versions of yourself.  One with basic education, a average to below average salary, that uses this money to invest in the stock market.  Eventually that money will be needed and it will probably be pulled out of the market at an in opportune time.  It might worth less than the original 3K! Now imagine a second version of yourself that has an above average salary due to some good education or training.  Perhaps that 3K was used to help provide that education.  However, this second version will probably earn 25,000 to 75,000 per year then the first version.  Which one do you want to be?  Which one do you think will be wealthier?   Better educated people not only earn more, they are out of work less.  You may want to look at this chart.\""}
{"_id": "138112", "title": "", "text": "if rent, health care, college, doctor fees, drug prescription fees, lawyer fees, car repair mechanic fees weren't so expensive, then Americans would be living the good life, enjoying cheap deflationary books on Amazon and the no-change-in-price-for-the-last-decade prices of electronics, cars, and consumer goods from Wal-mart and newegg."}
{"_id": "138113", "title": "", "text": "Idk if I would ask on reddit, personal finance will tell you the only way is joint bank accounts and relationship advice will tell you to break up. Personally I will always want my own bank account, with a joint account for a mortgage or utilities. I think it depends on if you are both financially savvy, if one of you aren't you might want to have a joint account to keep an eye on spending.  I think this site give you a good pro/con: https://www.thebalance.com/should-you-have-joint-or-separate-bank-accounts-1289664"}
{"_id": "138120", "title": "", "text": "How hard would it be to say that a company cannot pay licensing fees to a company that it owns an X% stake in (and/or owns an X% stake of it, to cover subsidiary to parent movement?   .   Alternatively, such transactions could be taxed as if they were a purchase between the two companies, and taxed as such.  The percentage could be set high enough so as to not discourage joint ventures, but low enough to force a company to sacrifice a major chunk of the money to another unowned company if they try to abuse it."}
{"_id": "138124", "title": "", "text": "Florida Med Doctor Office Space is the first and only reliable option for finding the right location to carry out your medical practice in Florida. We work together with a number of different medical personnel to locate prime medical real estate property that is perfect for having a medical unit."}
{"_id": "138125", "title": "", "text": "Yes, but the US has the highest incarceration rates in the world.   Why is the US suffering from high crime?   If incarceration were key to a safe society we should expect different results than what's there.  Creating a system that's a revolving door - where a prisoner exits the system without the tools and drive to enter the workforce, you're creating a revolving system of slavery.     The prison system should include rehabilitation as its primary goal, and currently the focus is more on punishment than it is on rehabilitation."}
{"_id": "138147", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [In Battle Over Tax Cuts, It's Republicans vs. Economists](https://www.reddit.com/r/Economics/comments/71trur/in_battle_over_tax_cuts_its_republicans_vs/) on /r/Economics with 3 karma (created at 2017-09-23 00:33:00 by /u/StrngBrew)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "138148", "title": "", "text": "\"Before buying a new car, determine whether you really need one! If there's an automotive discussion, you should ask there FIRST to get opinions on how much all-wheel-drive helps. You may not want to change cars at all. Remember, most of us in the Northeast are NOT driving all-wheel-drive vehicles, and all cars have all-wheel brakes. All-wheel drive is better at getting you moving from a stop if one of the drive wheels would otherwise be slipping. It makes less difference during actual driving.  Traction control braking is much more important -- and much more common, hence much cheaper. And probably already present in your Camry. And good tires make a huge difference. (Top-of-the-line all-season tires are adequate, but many folks do switch to snow tires during the winter and switch back again in summer.)  Tires -- even if you get a second set of rims to put them on -- are a heck of a lot cheaper than changing cars. Beyond everything else, driving in winter conditions is a matter of careful practice. Most of the time, simply avoiding making sudden starts/stops/turns and not driving like you're in a video arcade (\"\"gotta pass three more or I lose my game!\"\") will do the job. You'll learn the feel of how the car responds. Some basic instruction in how to handle a skid will prepare you for the relatively rare times when that happens. (Some folks actively learn by practicing skids in a nice open parking lot if they can find one; I never have but it makes some sense.) If in doubt about the driving conditions, wait until the roads have been plowed and salted. Remember, teenagers learn to do this, and they're certifiably non compos mentis; if they can do it, you can do it. Before buying a new car, determine whether you really need one!\""}
{"_id": "138151", "title": "", "text": "If I'm not mistaken, using dairy cattle to buy more dairy cattle is already common practice in Kansas.  Why it is not widespread is more because the banks concerned don't have the necessary expertise to value / monitor / resell these assets when necessary. They are tricky to deal with because they grow / breed / die, unlike your house."}
{"_id": "138154", "title": "", "text": "I am very interested to see what Market Basket's sales look like in another two months. Consumers tend to do their grocery shopping out of habit, and all a competitor (manufacturer or retailer)needs is one chance to show them a better option.  Market Basket has lost many customers for good, but will this story lead to even more new customers?"}
{"_id": "138178", "title": "", "text": "That's because they literally could not help you. It's not that they were just unwilling to. A hedge fund manager might be able to do it, because the person who bet on Facebook would be willing to let him borrow their shares.  An IPO in explain like I'm five:  A bank helps underwrite the shares pre offering. This means they buy the shares wholesale. They buy a large majority of the company in order to offer them to the public when the stock goes public. The bank does this for profit, the company does this become it helps raise their price. The bank that underwrites the stock is legally prohibited from short selling that stock for ***at least***  30 days before the IPO. This is to prevent the bank from trying to commit fraud by selling stock out the front door and betting against it out the back.   ***  So, now let's jump forward to the day of the IPO. The bank is offering stock to everyone who wants to buy it (other banks who will cut it up and sell it to more people). In order to short the stock someone must be willing to let you borrow their shares. Only the bank that underwrote it prohibited from short selling. It's possible but hard. The underwriter has the majority of the shares for the first thirty days anyways. They're just going to release enough of them to raise volume on the ticker symbol (volume is the amount of people buying and selling). The others the underwriter sold to are unwilling to let someone borrow their stock because they want to ride the price hike and shares are in short supply. So while it's possible to short shares, it's very hard. The underwriters limit the supply of shares to prevent that from happening. The underwriters can't just let you short their own shares because they are legally prohibited from it.   Basically, you're left with the fact that the only person who has enough supply to let you short, is prohibited by law from letting you do it. I'm sure Morgan Stanley would have been happy to let their customers short Facebook (as long as you did it through them) to hedge their bets. But they can't."}
{"_id": "138201", "title": "", "text": "A broker does not have to allow the full trading suite the regulations permit.  From brokersXpress: Do you allow equity and index options trading in brokersXpress IRAs?     Yes, we allow trading of equity and index options in IRAs based on the trading level assigned to an investor. Trading in IRAs includes call buying, put buying, cash-secured put writing, spreads, and covered calls.  I understand OptionsXpress.com offers the same level of trading. Disclosure - I have a Schwab account and am limited in what's permitted just as your broker does. The trade you want is no more risky that a limit (buy) order, only someone is paying you to extend that order for a fixed time. The real answer is to ask the broker. If you really want that level of trading, you might want to change to one that permits it."}
{"_id": "138213", "title": "", "text": "\"The real question is what does FT mean by \"\"Eurozone Bond\"\". There is no central European government to issue bonds. What they seem to be quoting is the rate for German Bunds. Germany has a strong economy with a manageable debt load, which means it is a safe Euro denominated investment. Bunds are in high demand across the Eurozone, which drives their price up, and their yield down. Greek 10yr bonds, which are Euro denominated, are yielding over 8%.\""}
{"_id": "138235", "title": "", "text": "Depends what type of finance you want to do but it boils down to being passionate and demonstrating your interest I.e.  If you want to go into investing have a PA and invest it in individual stocks and understand why you're long or short something  If you want to go into banking follow wsj bloomberg and understand what's going on w deals and companies in certain sectors you're interested in  Etc"}
{"_id": "138255", "title": "", "text": "Given the ~25 year horizon for the end of oil, I fail to see how these actions will do anything but line the pockets of politicians, bureaucrats, and their friends.  We will run out of oil before we make a serious reduction in CO2 emissions."}
{"_id": "138269", "title": "", "text": "\"There is no problem to set up your own\"\"email server\"\", especially if you have your own website.  The problem is that the interface of server based emails are really crappy and outdated.  I personally still forward all of my server based email messages to Gmail, because it is way more convenient to use it.\""}
{"_id": "138273", "title": "", "text": "**Here's a sneak peek of /r/AccidentalRadiohead using the [top posts](https://np.reddit.com/r/AccidentalRadiohead/top/?sort=top&amp;t=all) of all time!**  \\#1: [Fitter Happier Jwoww](https://i.reddituploads.com/17abe64f25af42ed958ac4dda055dfc9?fit=max&amp;h=1536&amp;w=1536&amp;s=3511e074b89c14dd5f0bf9e621149d27) | [0 comments](https://np.reddit.com/r/AccidentalRadiohead/comments/4u9v1e/fitter_happier_jwoww/)   \\#2: [Accidental Thom Yorke](https://i.reddituploads.com/f6d234a64dc7432abffc2658d40f7a9e?fit=max&amp;h=1536&amp;w=1536&amp;s=78ef631d36658cfe59f4837b6e5baa82) | [4 comments](https://np.reddit.com/r/AccidentalRadiohead/comments/4leqek/accidental_thom_yorke/)   \\#3: [This guy's T-Shirt](http://i.imgur.com/j3vccNy.jpg) | [6 comments](https://np.reddit.com/r/AccidentalRadiohead/comments/51ft11/this_guys_tshirt/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "138274", "title": "", "text": "I use the following allocation in my retirement portfolio: I prefer these because: Expense Ratios Oh, and by their very definition, ETFs are very liquid. EDIT: The remaining 10% is the speculative portion of my portfolio. Currently, I own shares in HAP (as a hedge against rising commodity prices) and TIP (as a hedge against hyperinflation)."}
{"_id": "138278", "title": "", "text": "Economists are interested in incentives. Here, government set up incentives for banks to make bad loans. The banks share blame, but they were rationally responding to bad incentives. We can criticize the banks all we like, but if we'd rather fix problems than point fingers, we have to address the incentives.   The incentives are the source of the problem, and government policies are the source of the incentives."}
{"_id": "138279", "title": "", "text": "&gt; Ignorance is unbecoming.  Then why did you choose to display it?  Okay so there are a variety of different drug tests and they test for different chemicals and they have different prices. The majority of drug tests issued by the majority of employers are for Marijuana because A&gt; That is the cheapest, and B&gt; Marijuana can be detected a few weeks after the last use.  Other drugs tested for such as Cocaine, Heroine, LSD, Alcohol and so on cannot be detected more than 48 hours after usage. Basically all the drugs that are actually bad can't be detected after a few days.  &gt; All three of which can cause slowed reactions putting people in danger.  Only while a person is using them. After the effects of the drug wear off they are no more dangerous than anyone else.   Please, stop with your bullshit."}
{"_id": "138283", "title": "", "text": "\"If one takes a slightly more expansive view of the word \"\"saving\"\" to include most forms of durable asset accumulation, I think the reason some do and most don't is a matter of a few factors, I will include the three that seem obvious to me: Education Most schools in the US where I live do not offer personal finance courses, and even when they do, there is no opportunity for a student to practice good financial habits in that classroom setting. I think a simple assignment that required students to track every penny that they spend over the period of a few months would help them open their eyes to how much money is spent on trivial things that they don't need. Perhaps this would be more effective in a university setting where the students are usually away from home and therefore more responsible for the spending that occurs on their own behalf. Beyond simple education about personal finances, most people have no clue how the various financial markets work. If they understood, they would not allow inflation to eat away at their savings, but that's a separate topic from why people do not save. Culture Since much of the education above isn't happening, children get their primary financial education from their parents. This means that those who are wealthy teach their children how to be wealthy, and those who are poor pass on their habits to children who often also end up poor. Erroneous ideas about consumption vs. investment and its economic effects also causes some bad policy encouraging people to live beyond their means and use credit unwisely, but if you live in a country where the average person expects to eat out regularly and trade in their automobiles as soon as they experienced their highest rate of depreciation, it can be hard to recognize bad financial behavior for what it is. Collective savings rates reflect a lot of individuals who are emulating each other's bad behavior. Discipline Even when someone is educated about finances, they may not establish good habits of budgeting regularly, tracking spending, and setting financial goals. For me, it helps to be married to someone who has similar financial goals, because we budget monthly and any major purchases (over $100 or so) must be agreed upon at the beginning of the month (with obvious exceptions for emergencies). This eliminates any impulsive spending, which is probably 90% of the battle for me. Some people do not need to account to someone else in order to spend wisely, but everyone should find a system that works for them and helps them to maintain some financial discipline.\""}
{"_id": "138289", "title": "", "text": "I suggest you start your own business. What kind of business? That's up to you, pick something you're interested in.  Will it be successful? Probably not, but you'll learn a whole lot. Everything from creating/developing a product/service, sales, marketing, customer support, and many other things.  Here is a podcast on how other people got started: http://www.npr.org/podcasts/510313/how-i-built-this  Edit: here is another great one: https://www.indiehackers.com/"}
{"_id": "138300", "title": "", "text": "\"Hey just letting you know that I've sort of felt the same as you before. I'm not 29 yet, only a few years younger, and I too am in Alberta. Knowing that many trades can be quite lucrative here I too dipped my hand in them, namely the HVAC and Plumbing trades, and after a bit I felt that they weren't for me. And this was after using a year looking for any ins during the recession since nobody was hiring helpers/first years. During that whole year in the times I wasn't looking for a job I was researching and looking up videos of the trades and was thinking how INow after some career counseling, soul searching, all that jazz, I'm about to head back to school next week. If things go well by the time I graduate I will almost be 30 with my first (and probably only) degree.    I wouldn't consider the years from the time I graduated high school to today, where I think I've figured out what I want to do, a waste, but instead I look at them as years where I grew as an adult and gaining real world experience in a few areas I've dabbled in. A future employer may look at them as wasted years, but it is up to me to spin them in a positive way as my \"\"story\"\". Just know that you aren't alone in this situation, and I'm sure there's plenty of people worldwide in their 20's and 30's who are still trying to figure out what they want to do. Keep your head up and good luck.\""}
{"_id": "138307", "title": "", "text": "\"This is kinda off track from what the the article is getting at, but it's related. I think now more than ever a company needs to focus on pleasing the customer. In this day and age one customer has the power to reach a million other people.  Look at Reddit, we crash websites when just one person submits a link. Depending on what our intentions are this can be good or bad.   I feel like the bigger companies have strayed away from this concept. With E3 in the news you can't help but see how the every day gamer views the \"\"bigger\"\" companies such as EA and Microsoft with disdain because they aren't focusing on the customers needs.\""}
{"_id": "138318", "title": "", "text": "Yeah well, Wilbur Ross has serious credentials. He's a multi-billionaire who spent 24 years working for the Rothschilds.  He served under U.S. President Bill Clinton on the board of the U.S.-Russia Investment Fun. He was the chair of the New York Democratic Party. He's spent most of his life in the investments and commerce sector as well as raising money for liberal causes. He just happened to flip Trump this time around.  So it's one of those scenarios where Trump appointed someone with the kind of chops that most people can't even compete with... if a guy of this caliber gets the numbers wrong, it's an outlier."}
{"_id": "138336", "title": "", "text": "If you look at page 27 of their 10Q Jan 2017, it clarifies their streaming content liabilities.   http://files.shareholder.com/downloads/NFLX/4914912502x0xS1628280-17-496/1065280/filing.pdf Technically, the total liabilities comes to $20b.   Depending on who your accountant is, the amount can be as you have stated/referred to, but in real terms, it's higher.   The magic of including &lt;1 year vs all of it.    Tesla does the same shit with their accounting."}
{"_id": "138352", "title": "", "text": "Imagine that a fund had a large exit load that declined over several years. If you wanted to sell some or all of your investment in that fund you would face a large fee, unless you held it a long time. You would be hesitant to sell because waiting longer would save you money. That is the exact opposite of a liquid investment.  Therefore the ideal level for a liquid fund is to have zero exit load."}
{"_id": "138360", "title": "", "text": "Sounds like what you really need is a budget instead of a loan. I like following the four budgeting rules recommended by the team at YNAB. They even have software that helps you through the method even though you can use the method by itself without needing to buy the software. I'm not affiliated with them...just a happy customer! Following these simple rules has allowed me to stop living pay-check to pay-check."}
{"_id": "138367", "title": "", "text": "Drawing down from a nest egg is predominately dealing with 3 issues: The much used withdrawal amount used to not deplete your principal is 4%. Some may argue this is too much or not enough but it is regarded as a standard amount.  Seeing that you have $500k you can pull about $20k per year using this drawdown percentage.  If you can live on $20k then you are set.  If not you should build up this nest egg."}
{"_id": "138382", "title": "", "text": "The endless hyperbole and straight from the elephant's mouth talking points ruin any credibility you may have. 1/4 of this post is straight out of Ailes' mouth.   TL;DR you're being downvoted because you're not contributing a single thing to the discussion, not because you're a Republican."}
{"_id": "138383", "title": "", "text": "Bond ETFs are just another way to buy a bond mutual fund.  An ETF lets you trade mutual fund shares the way you trade stocks, in small share-size increments.  The content of this answer applies equally to both stock and bond funds. If you are intending to buy and hold these securities, your main concerns should be purchase fees and expense ratios.  Different brokerages will charge you different amounts to purchase these securities.  Some brokerages have their own mutual funds for which they charge no trading fees, but they charge trading fees for ETFs.  Brokerage A will let you buy Brokerage A's mutual funds for no trading fee but will charge a fee if you purchase Brokerage B's mutual fund in your Brokerage A account. Some brokerages have multiple classes of the same mutual fund.  For example, Vanguard for many of its mutual funds has an Investor class (minimum $3,000 initial investment), Admiral class (minimum $10,000 initial investment), and an ETF (share price as initial investment).  Investor class has the highest expense ratio (ER).  Admiral class and the ETF generally have much lower ER, usually the same number.  For example, Vanguard's Total Bond Market Index mutual fund has Investor class (symbol VBMFX) with 0.16% ER, Admiral (symbol VBTLX) with 0.06% ER, and ETF (symbol BND) with 0.06% ER (same as Admiral).  See Vanguard ETF/mutual fund comparison page.  Note that you can initially buy Investor class shares with Vanguard and Vanguard will automatically convert them to the lower-ER Admiral class shares when your investment has grown to the Admiral threshold. Choosing your broker and your funds may end up being more important than choosing the form of mutual fund versus ETF.  Some brokers charge very high purchase/redemption fees for mutual funds.  Many brokers have no ETFs that they will trade for free.  Between funds, index funds are passively managed and are just designed to track a certain index; they have lower ERs.  Actively managed funds are run by managers who try to beat the market; they have higher ERs and tend to actually fall below the performance of index funds, a double whammy. See also Vanguard's explanation of mutual funds vs. ETFs at Vanguard. See also Investopedia's explanation of mutual funds vs. ETFs in general."}
{"_id": "138403", "title": "", "text": "\"There is considerable truth to what your realtor said about the Jersey City NJ housing market these days. It is a \"\"hot\"\" area with lots of expensive condos being bought up by people working on Wall Street in NYC (very easy commute by train, etc) and in many cases, the offers to purchase can exceed the asking price significantly. Be that as is may, the issue with accepting a higher offer but smaller downpayment is that when the buyer's lender appraises the property, the valuation might come in lower and the buyer may have to come up with the difference, or be required to accept a higher interest rate, or be refused the loan altogether if the lender estimates that the buyer is likely to default on the loan because his credit-worthiness is inadequate to support the monthly payments. So, the sale might fall through. Suppose that the property is offered for sale at $500K, and consider two bids, one for $480K with 30% downpayment ($144K) and another for $500K with 20% downpayment ($100K).  If the property appraises for $450K, say, and the lender is not willing to lend more than 80% of that ($360K), then Buyer #1 is OK; it is only necessary to borrow  $480K - $144K = $336K, while Buyer #2 needs to come up with another $40K of downpayment to be able to get the loan, or might be asked to pay a higher interest rate since the lender will be lending more than 80% of the appraised value, etc. Of course, Buyer #2's lender might be using a different appraiser whose valuation might be higher etc, but appraisals usually are within the same ballpark.  Furthermore, good seller's agents can make good estimates of what the appraisal is likely to be, and if the asking price is larger than the agent's estimate of appraised value, then it might be to the advantage of the selling agent to recommend accepting the lower offer with higher downpayment over the  higher offer with smaller downpayment. The sale is more likely to go through, and an almost sure 6% of $480K (3% if there is a buyer's agent involved) in hand in 30 days time is worth more than a good chance of nothing at the end of 15 days when the mortgage is declined, during which the house has been off the market on the grounds that the sale is pending. If you really like a house, you need to decide what you are willing to pay for it and tailor your offer accordingly, keeping in mind what your buyer's agent is recommending as the offer amount (the higher the price, the more the agent's commission), how much money you can afford to put down as a downpayment (don't forget closing costs, including points that might be need to be paid), and what your pre-approval letter says about how much mortgage you can afford.  If you are Buyer #1, have a pre-approval letter for $360K,  and have enough savings for a downpayment of up to $150K, and if you (or your spouse!)  really, really, like the place and cannot imagine living in any other place, then you could offer $500K with 30% down (and blow the other offer out of the water). You could even offer more than $500K if you want. But, this is a personal decision.  What your realtor said is perfectly true in the sense that for Y > Z, an offer at $X with $Y down is better than an offer at $X with $Z down. It is to a certain extent true that for W > X, a seller would find an offer at $X with $Y down to be more attractive that an offer at $W with $Z$ down, but that depends on what the appraisal is likely to be, and the seller's agent's recommendations.\""}
{"_id": "138410", "title": "", "text": "Theres a reason there making minimum wage to begin with. The job requires no skill and is for teenagers with MINIMUM skill. There is a reason the job is made for teenagers and not adults trying to support a family. Also raising minimum wage is gonna hurt there employees as they will higher less and have to raise prices on there products just to pay there genius stockboys and genius checkout workers who are solving world hunger."}
{"_id": "138418", "title": "", "text": ""}
{"_id": "138419", "title": "", "text": "\"My personal rule is to not loan money (or co-sign) for any amount that I am not willing to give away.  It can go wrong in so many ways, and having a family or friend involved means making a \"\"business\"\" decision is difficult. If a bank won't loan the person the money, why should I?  Being a co-signer is the same as borrowing the money in my name and giving it right over to the borrower. There might be great reasons to do it.  I would probably sign a loan to keep my family alive or healthy, but no other reason.  There are many ways to help without signing a loan.  Give a room and a place to live, loan a car. The other thing is if you really truly believe in the borrower, it won't do long term damage to your credit or your financial goals, and you are the only resort; go ahead.  I am thinking about helping a teenager afford their first car or student loans.\""}
{"_id": "138428", "title": "", "text": "With your wife's income, you're not doing to see a net difference if she stops working that job. You may actually yield a little more. At the end of the day, it's doable, but you're going to have to rationalize your spending and one or both of you should pick up a part-time job. Do you remember the last time you bought lunch or went out to dinner? You're wasting money. Even a 50% gig at a quality employer like Starbucks or Home Depot will let you make $15-20k. I respect your religious beliefs, but 17% of your income is steep, and you may want to revisit that."}
{"_id": "138437", "title": "", "text": "\"Perhaps the real question you are asking is \"\"How can the tax code be fixed to make it simple for everyone (including me), and what would it take to effect those changes\"\"? There are really two causes for the complexity of the tax code. Many of those who enter Government hold a desire for power, and Government uses the tax code as one lever of power to distribute largess to their supporters, and to nudge everyone to behaviors which they favor. The current system enables incumbents to spend taxpayer money to reward those they favor, and thus they accumulate power and security. Those who enter Government also love to spend money (especially other people's money), and their rapacious behavior recognizes no boundaries. They will spend money without control until the taxpayers yank them to a brutal stop. They enact complex rules which are used to ease the (tax) burden for some, which buys their support (with taxpayer money), and they spend money to benefit those which they favor. The system of lobbyists and contributors exists to entice Government to treat them and the causes they support favorably. This system enables incumbents to spend taxed money to reward those they favor, and to tax those they disfavor. Thus their greed is satisfied, and their power is increased. The freedom you seek is not available, although you can minimize the effort required for compliance. You can take the standard deduction, and use nothing but the W-2 provided by your employer, and unless you are subject to the Alternative Minimum Tax, you will find that the tax software will do most of the work for you. Do you want to approach the Nirvana of minimal effort to appease your tax collectors? Avoid starting your own business, charitable donations, investment income, 1099 income, and you will need minimal paperwork. Avoid earning enough to risk the AMT (Alternative Minimum Tax). Refuse to take the mortgage interest deduction, tax credits for electric vehicles, tax credits for high-efficiency appliances and air conditioners, tax credits for residential solar panel installations. Do not own investments which pay interest, or own stocks where you need to track the \"\"basis\"\" (purchase price) of the stocks, nor buy and then sell valuable items that might gain value (where you would need to track the purchase price, the \"\"basis\"\"). Avoid owning and leasing a rental home for income, deducting businesses expenses and mileage for business purposes, contributions to a retirement plan (outside an employer plan) -- all complicate your tax filing. The solution you truly desire is either a \"\"Flat Tax\"\" or the \"\"Fair Tax\"\". These solutions would effect either a single tax rate (with no deductions or adjustments to income, yeah right), or a national retail sales tax, which would tax the money spent in the economy regardless of the source of the money (legal, gifts, crime) and there would be no need to report income, or classify it. The largest objection to either is that the tax code might become less \"\"progressive\"\" (increasing tax rate with increasing income). Good Luck!\""}
{"_id": "138478", "title": "", "text": "In Canada a good site is: redflagdeals.com"}
{"_id": "138487", "title": "", "text": "Well i dont know of any calculator but you can do the following 1) Google S&P 500 chart 2) Find out whats the S&P index points (P1) on the first date 3) Find out whats the S&P index points (P2) on the second date 4) P1 - P2 = result"}
{"_id": "138505", "title": "", "text": "Well, a couple things to keep in mind: Even if you have enough to meet the minimum initial amount, you need to have at least that much income in the year you make the contribution. You'll probably be best served saving up in a savings account so that by the time you have an income (and can thus make contributions), you have enough cash to meet the minimum initial contribution."}
{"_id": "138511", "title": "", "text": "Are you doing the right thing? Yes, paying back some of the expense of college is a great way to show your gratitude. Could your sister also pitch in a little to help pay the debt down? Will you get approved for a $30,000 unsecured loan? You don't mention your credit rating but that will have an effect obviously. You might consider visiting a credit union with your father and co-signing a loan since it is his debt that you are assuming. You might still want to write a loan for your dad to sign even if he isn't co-signed on a loan. This could protect you in case of his death if there are other assets to divide. If you are not approved for a loan, you could also simply join your dad in paying down the highest-rate cards first and have a loan agreement for him to pay back that money if/when it is possible. You've mentioned that you have no collateral. There aren't many options for loans with no collateral. Your dad's bank or a credit union might consider a debt consolidation loan with you as a co-signer. That's why I mentioned going to a credit union. Talking to a loan officer at a local financial institution will make it easier to get approved. If they see that you are taking responsible steps to pay off the debt, that reduces your credit risk. If you do get a debt consolidation loan, they will probably ask your dad to close some credit card accounts."}
{"_id": "138534", "title": "", "text": "I use Yelp occasionally.  I still haven't seen the problem.  Typically I read the good and bad reviews.  I understand that there are many instances of apparent abuse but honestly, I've never run into them when looking a place up.  So yeah, it sucks that this happens but I still don't see it as a big deal overall."}
{"_id": "138535", "title": "", "text": "Important to take note that Buffett is not directly investing in real estate. He bought a lot of stock in a real estate company that owns a lot of real estate (a REIT). Buffett typically buys stocks in companies that have good fundamentals in industries where he sees potential for growth. So indirectly he is betting on real estate, but holding stock in a REIT is much different than owning properties."}
{"_id": "138550", "title": "", "text": "\"Welcome to America!  This country is not meant to be a free ride. I personally  (single, \"\"native\"\" male) pay a significant amount each year to Uncle Sam and receive no benefits at all.  Where do \"\"natives\"\" sign up for the free stuff?!\""}
{"_id": "138575", "title": "", "text": "\"Some companies issue multiple classes of shares.  Each share may have different ratios applied to ownership rights and voting rights.  Some shares classes are not traded on any exchange at all.  Some share classes have limited or no voting rights.   Voting rights ratios are not used when calculating market cap but the market typically puts a premium on shares with voting rights. Total market cap must include ALL classes of shares, listed or not, weighted according to thee ratios involved in the company's ownership structure.  Some are 1:1, but in the case of Berkshire Hathaway, Class B shares are set at an ownership level of 1/1500 of the Class A shares. In terms of Alphabet Inc, the following classes of shares exist as at 4 Dec 2015: When determining market cap, you should also be mindful of other classes of securities issued by the company, such as convertible debt instruments and stock options.  This is usually referred to as \"\"Fully Diluted\"\" assuming all such instruments are converted.\""}
{"_id": "138579", "title": "", "text": "The turbo kit is mainly used in OEM applications such as Audi. It also has forged mill compressor wheel, which brings numerous benefits to the exhaust. The technology used in the production of the turbos which provides a variety of benefits like reduction in the wheel weight of a reduced compressor, increased strength, and greater surface area of the compressor wheel."}
{"_id": "138610", "title": "", "text": "That we can both agree on :-).   I still get annoyed when people talk about the Federal Govt getting involved in monetary policy and conversely the Fed Reserve implementing fiscal policy.   There's nothing wrong discussing economic policies, I just wish people at least people studied Macro 101 before arguing about economics."}
{"_id": "138623", "title": "", "text": "&gt; People should come before profits.   The entire Corporate Charter process is in United States law. It does say profit comes before people, it's called fiduciary responsibility. I haven't seen any political parties rise around this topic -- so I'd assume corporations hurting people isn't as big as Reddit makes it out? Otherwise most Americans would change how they vote and find a new party?"}
{"_id": "138635", "title": "", "text": "Not really money related, but: how long are you going to be staying there? Once your wife graduates, would you be potentially moving to another area, or needing to move to be closer to where she works? If so, you might want to wait until after she graduates and you know where you'll be, before putting down money on large stationary items like houses."}
{"_id": "138645", "title": "", "text": "\"These are two different ways of processing payments. They go through different systems many times, and are treated differently by the banks, credit card issuers and the stores. Merchants pay different fees on transactions paid by debit cards and by credit cards. Debit transactions require PIN, and are deducted from your bank account directly. In order to achieve that, the transaction has to reach the bank in real time, otherwise it will be declined. This means, that the merchant has to have a line of communications open to the relevant processor, that in turn has to be able to connect to the bank and get the authorization - all that while on-line. The bank verifies the PIN, authorizes the transaction, and deducts the amount from your account, while you're still at the counter. Many times these transactions cannot be reversed, and the fraud protections and warranties are different from credit transactions. Credit transactions don't have to go to your card issuer at all. The merchant can accept credit payment without calling anyone, and without getting prior authorizations. Even if the merchant sends the transaction for authorization with its processor, if the processor cannot reach the issuing bank - they can still approve the transaction under certain conditions. This is, however, never true with debit cards (even if used as \"\"credit\"\"). They're not deducted from your bank account, but accumulated on your credit card account. They're posted there when the actual transaction reaches the card issuer, which may be many days (and even many months) after the transaction took place. Credit transactions can be reversed (in some cases very easily), and enjoy from a higher level of fraud protection. In some countries (and most, if not all, of the EU) fraudulent credit transactions are never the consumer's problem, always the bank's. Not so with debit transactions. Banks may be encouraging you to use debit for several reasons: Merchants will probably prefer credit because: Consumers will probably be better off with credit because:\""}
{"_id": "138651", "title": "", "text": "&gt; The level of economic ignorance in this thread is astounding.   1) You don\u2019t pay taxes when you buy, you pay them when you sell (capital gains). Gains imply that on net assets were bought rather than sold.  2) The determining factor for paying down debts is the government\u2019s decision not stock market performance. There is no causal relationship."}
{"_id": "138658", "title": "", "text": "- ETFs make money through management fees. You can look it up: they all skim off a little bit of its profit, normally &lt;1%.  - It's all about cheap diversification. People generally don't have the capital to invest individually in each equity to mimic an ETF's portfolio.   - Yes, but you need a lot of money. For example: You can't just invest $1 in GOOG if you want to buy a tech sector ETF."}
{"_id": "138662", "title": "", "text": "Half of working age men out of the workforce aren't taking it for pain. They are taking it to catch a buzz. I STRONGLY believe that cannabis is a better answer. The amount you would have to smoke to lead to emphysema is ridiculous. That's what chain smokers get."}
{"_id": "138679", "title": "", "text": "While I agree with the existing bulk of comments and answers that you can't tell the lender the $7k is a gift, I do think you might have luck finding a mortgage broker who can help you get a loan as a group.  (You might consider as an LLC or other form of corporation if no one will take you otherwise.)  That is, each of you will be an owner of the house and appear on the mortgage.  IIRC, as long as the downpayment only comes from the collective group, and the income-to-debt ratio of the group as a whole is acceptable, and the strongest credit rating of the group is good, you should be able to find a loan.  (You may need a formal ownership agreement to get this accepted by the lender.)  That said, I don't know if your income will trump your brother's situation (presumably high debt ratio or lower than 100% multiplier on his income dues to its source), but it will certainly help. As to how to structure the deal for fairness, I think whatever the two of you agree to and put down in writing is fine.  If you each think you're helping the other, than a 50/50 split on profits at the sale of the property seems reasonable to me.   I'd recommend that you actually include in your write up a defined maximum period for ownership (e.g. 5yr, or 10yr, etc,) and explain how things will be resolved if one side doesn't want to sell at that point but the other side does. Just remember that whatever percentages you agree to as ownership won't effect the lender's view of payment requirements.  The lender will consider each member of the group fully and independently responsible for the loan.  That is, if something happens to your brother, or he just flakes out on you, you will be on the hook for 100% of the loan.  And vice-versa.  Your write up ought to document what happens if one of you flakes out on paying agreed upon amounts, but still expects there ownership share at the time of sale. That said, if you're trying to be mathematically fair about apportioning ownership, you could do something like the below to try and factor in the various issues into the money flow: The above has the benefit that you can start with a different ownership split (34/66, 25/75, etc.) if one of you wants to own more of the property."}
{"_id": "138691", "title": "", "text": "The reason your scheme fails is because you're attempting to make all bonds trade at their face value plus interest, regardless of the credit of the issuer. In all of your examples, you're suggesting I can pay my bill to the electric company using bonds from XYZ corp. Does my electric company have a right to refuse XYZ Corp bonds as payment and demand other payment?  If they do have a right to refuse payment, it is almost a certainty my electric company will have no interest in poring over the books of XYZ Corp or MomAndPop's Country Diner in order to decide whether they accept or reject the payment. They will simply reject it and demand cash.   If they can NOT refuse to accept the payment, then you will immediately have all sorts of shell corps who's only purpose is to accumulate debt and act as a free money printing press for some other shadowy entity.   In both cases, your plan fails."}
{"_id": "138696", "title": "", "text": "Never take the first quote. Consider what it would really cost to replace the house -- to rebuild and pay for living while you do so (including demolition, etc.) and/or pay off the mortgage and return your equity if it is a financed property.  Most insurances will have a limit on how much coverage you can get based on the property value and your goods value estimates.  Shop around for a company that will give you a good price but also good customer service and a smooth claims process.  They should be solvent (able to pay your claim if, say, a tornado hit the whole neighborhood).  And they should cover your reasonable replacement costs. And remember, insurance is about the big losses like fires. Know what you are comfortable self insuring (higher or lower deductibles, optional coverages, etc.) and you will have an easier time getting the coverage you need for the price you want to pay."}
{"_id": "138698", "title": "", "text": "\"I suspect this is a function of deregulated banks' desire to write and flip as many mortgages as possible. The best targets for this sales push were naturally those with the most education, who tended to have the best credit ratings and most secure jobs.   The last time I bought a house, the mortgage salesman practically lit up when looking at my income and credit score, pushing me hard to borrow more. \"\"You could buy a lot more house than this!\"\" he said. \"\"You could buy apartments as an investment or for resale!\"\"  I resisted temptation, thank heaven, but it's all too easy to see how millions of others didn't.\""}
{"_id": "138700", "title": "", "text": "I'm interested in corporate finance. Can you recommend some great inexpensive online courses for financial modeling training? (maybe something that you took and highly recommend. If no, I'll look up for them myself) I want to get familiar with it first. Don't wanna spend too much and mess up."}
{"_id": "138703", "title": "", "text": "This can be done, you can be prosecuted for some forms of it, in any case there are more riskless ways of doing what you suggested. First, buying call options from market makers results in market makers buying shares at the same delta as the call option. (100 SHARES X DELTA = How many shares MM's bought). You can time this with the volume and depth of the shares market to get a bigger resulting move caused by your options purchase to get bigger quote changes in your option. So on expiration day you can be trade near at the money options back and forth between being out the money and in the money. You would exit the position into liquidity at a profit. The risk here is that you can be sitting on a big options position, where the commissions costs get really big, but you can spread this out amongst several options contracts. Second, you can again take advantage of market maker inefficiencies by getting your primary position (whether in the share market or options market) placed, and then your other position being a very large buy order a few levels below the best bid. Many market makers and algorithms will jump in front of your, they think they are being smart, but it will raise the best bid and likely make a few higher prints for the mark, raising the price of your call option. And eventually remove your large buy order. Again, you exit into liquidity. This is called spoofing. There have been some regulatory actions against people in doing this in the last few years. As for consequences, you need to put things into perspective. US capital market regulators have the most nuanced regulations and enforcement actions of worldwide capital market regulators, and even then they get criticized for being unable or unwilling to curb these practices. With that perspective American laws are basically a blueprint on what to do in 100 other country's stock exchanges, where the legislature has never gotten around to defining the same laws, the securities regulator is even more underfunded and toothless, and the markets more inefficient. Not advice, just reality."}
{"_id": "138727", "title": "", "text": "\"&gt;Corporations should be able to \"\"oppress\"\" as much as they want  This is incredibly short sighted, and even if I kept the rest of your quote, it wouldn't change that. You are tacitly handing over control over our civil rights to anonymous people in a boardroom.  We won't let the government oppress us, but Wal Marts fine? The rights we have are only effective if we are able to use them in real life. If our lives are dominated by corporations who take away our rights at every turn, we don't have access to those rights anymore.  The Bill of Rights is a document designed to protect people from Tyranny. Corporations don't get a pass on having to treat people fairly because they weren't elected. How can we sit an decry Donald Trump and let thousands of people who are just like him oppress from the boardroom?  Your position is born out of fear and a desire for retribution, and you ignore the consequences of setting precedent that allows corporations shut down speech they don't like.\""}
{"_id": "138738", "title": "", "text": "You get to drink water?  Where I grew up it got to 140 in the winter, and we had to drink our own sweat, or our coworkers, if we were lucky!  And that was only during our one break per week!   :)"}
{"_id": "138745", "title": "", "text": "&gt;The heat from the data center cannot be harnessed aside of providing some of this heating, or to help with the heating of domestic water. Overall, exceptionally little of it is useful.  I'm admittedly dense, I'm still not clear on why this is."}
{"_id": "138746", "title": "", "text": "Deduction for Health Checkup is allowed under Section 80D and is allowed to everyone whether Salaried or Business/Professional. However, Exemption for Medical Reimbursement of Rs. 15000 is allowed under a different section.  A salaried employee can take benefit of both Medical Reimbursement of Rs. 15,000 as well as Preventive Health Check-up of Rs. 5,000.  Source: Tax Deduction for Health Check-up"}
{"_id": "138753", "title": "", "text": "Invest in growth stocks which do not pay any dividends (Note that some part of the dividends issued by a corporation might be from interest received by the company and passed on to you as a dividend); Buy a house from a bank that practices Islamic Banking. See this question which you yourself answered a few weeks ago to understand how this works."}
{"_id": "138774", "title": "", "text": "If you seek a company that will understand and build a Custom Home Building Naples that offers solutions to the lifestyle and needs your family has, then look no further than Palmer Homes. We are a call away on 239-898-2460."}
{"_id": "138775", "title": "", "text": "You will have to rebalance every time your Boolean Buy flag is true. You buy 20% of each fund then next week you have to sell down to 10% of your first 5 funds and buy 10% of the second 5."}
{"_id": "138788", "title": "", "text": "So for each thousand dollars saved you will earn $1.50 more each year. It is up to you to decide whether it is worth the hassle."}
{"_id": "138790", "title": "", "text": "Google Finance portfolios take into account splits and cash deposits/withdrawals."}
{"_id": "138795", "title": "", "text": "\"I'd agree that this can seem a little unfair, but it's an unavoidable consequence of the necessary practicality of paying out dividends periodically (rather than continuously), and differential taxation of income and capital gains. To see more clearly what's going on here, consider buying stock in a company with extremely simple economics: it generates a certain, constant earnings stream equivalent to $10 per share per annum, and redistributes all of that profit as periodic dividends (let's say once annually). Assume there's no intrinsic growth, and that the firm's instrinsic value (which we'll say is $90 per share) is completely neutral to any other market factors. Under these economics, this stock price will show a \"\"sawtooth\"\" evolution, accruing from $90 to $100 over the course of a year, and resetting back down to $90 after each dividend payment. Now, if I am invested in this stock for some period of time, the fair outcome would be that I receive an appropriately time-weighted share of the $10 annual earnings per share, less my tax. If I am invested for an exact calendar year, this works as I'd expect: the stock price on any given day in the year will be the same as it was exactly one year earlier, so I'll realise zero capital gain, but I'll have collected a $10 taxed dividend along the way. On the other hand, what if I am invested for exactly half a year, spanning a dividend payment? I receive a dividend payment of $10 less tax, but I make a capital loss of -$5. Overall, pre-tax, I'm up $5 per share as expected. However, the respective tax treatment of the dividend payment (which is classed as income) and the capital gains is likely to be different. In particular, to benefit from the \"\"negative\"\" taxation of the capital loss I need to have some positive capital gain elsewhere to offset it - if I can't do that, I'm much worse off compared to half the full-year return. Further, even if I can offset against a gain elsewhere the effective taxation rates are likely to be different - but note that this could work for or against me (if my capital gains rate is greater than my income tax rate I'd actually benefit). And if I'm invested for half a year, but not spanning a dividend, I make $5 of pure capital gains, and realise a different effective taxation rate again. In an ideal world I'd agree that the effective taxation rate wouldn't depend on the exact timing of my transactions like this, but in reality it's unavoidable in the interests of practicality. And so long as the rules are clear, I wouldn't say it's unfair per se, it just adds a bit of complexity.\""}
{"_id": "138812", "title": "", "text": "I don't see how that would be an issue in any way.  Referral bonuses are very common.  I'm a little confused as to why you think this might be an issue (or why there would be advice to get a lawyer)... this is called networking.  Growing a business requires contacts you can rely on.  Make sure you're confident in his work, as your clients will likely not be happy with you if he doesn't perform well."}
{"_id": "138819", "title": "", "text": "\"Listen guys.  The TPP only benefits multi nationals. Don't let this propaganda make you think that somehow \"\"small farmers\"\" would benefit from a deal that no one has seen, can't read, can't edit, cannot debate, can't change, doesn't sunset and you can't get out of it.    Also,  pro TPP \"\"opinion influencers\"\" don't speak to me or you will be flagged as spam.    Edit: spelling\""}
{"_id": "138830", "title": "", "text": "\"Stock price is set to the price with the highest transaction volume at any given time.  The stock price you cited was only valid in the last transaction on a specific stock exchange. As such it is more of an \"\"historic\"\" value. Next trade will be done with the next biggest volume. Depending on the incoming bids and asks this could be higher or lower, but you can assume it will not be too far off if there is no crash underway. Simple example stock exchange:\""}
{"_id": "138835", "title": "", "text": "If you expect to pay tax on dividends move dividend producing assets into your ISA. If have a lot of investments you can Look at Zeros (zero dividend preference share) issued by splits  (split capital trusts), https://en.wikipedia.org/wiki/Split_capital_investment_trust"}
{"_id": "138845", "title": "", "text": "\"People act like lawsuits are the end of the world, her suing shouldn't be considered a threat, it should be considered the accurate course of action to resolve contractual obligations. Of course, it would be convenient if she did nothing at all!  If you believe her real goal is to \"\"get it off her credit\"\", then have her come refinance with you. This will give you the opportunity to not have her on it and you to get different terms. Of course, if your credit still is poor then this option also exacerbates the inconvenience. None of the options sounds like they will ruin your credit (unless you are scrounging for cash through credit facilities to pay her off). You have several completely benign options available.\""}
{"_id": "138847", "title": "", "text": "Yeah, that's what I hear.  I was mostly just screwing around today.  I'm an options trader which allows me to make a bit higher returns.  I really don't like the setup interface this thing uses, and I ended up just trading market orders for the hell of it all day.  I made about 3% today. Still learning the interface and how to maximize use."}
{"_id": "138849", "title": "", "text": "I assume having real estate in a good popular city is much more secure way of keeping money than having it in a bank account Not at all!  Many things can go wrong with rental property. Renters can be late on rent, they can cause damage to property, you can have unexpected repairs. I'm not saying that you should just let it sit, but rental property is not risk-free my any means. Are you prepared to be a landlord as a part time job (for 500/mo?).  Rental property is not passive income - it takes work to maintain.  You can outsource this to a property manager, but that eats into the 500/mo that you are estimating). I want to stay flexible and have a possibility to change my location whenever I want. That's a perfectly reasonable reason not to buy a home, but what will you do with the rental when you move? It will still need maintenance, you'll still need to interact with renters, etc. I'm not saying you shouldn't do this, but I get the feeling that you are not fully aware of the risks involved in rental properties."}
{"_id": "138854", "title": "", "text": "You can also use ICS&lt;GO&gt; on Bloomberg and choose the right category (many subcategories, probably you'll start on home builders or something like that). If that doesn't work, press F1 twice and ask it to an analyst. I'm sure they have this info."}
{"_id": "138855", "title": "", "text": "There is a funny story about that.  If you were visiting Apple and Jobs was taking you to lunch in the cafe - he would insist on paying.  Employees, get to checkout and have their badge scanned and the cost of the food is deducted from their paycheck.  So why did Steve always insist on treating for lunch?  He was enjoying all he (and guests) could eat for $1 a year."}
{"_id": "138864", "title": "", "text": "My statement doesn't need a source.  CEOs are literally people that are in charge of entire companies.  Not everyone can do that.   You, on the other hand, provided a statement with out any information to back it up.  When you try to refute an argument with facts you need to give a source.  I'm not going to try to prove you're right.  If you're going to contradict someone, give them sources."}
{"_id": "138880", "title": "", "text": "You are grossly wrong.   COL differences are nowhere that big.  Especially for a younger person, for which buying a house is not on the table.  I've done the math - I had to, as I received a bay area offer.    The cost of most of the things you spend money on (travel, household items, material goods) will hardly change.  It's only housing, which is not a big enough of a expense to come even close to your outlandish claim.   I'm tired of people who have no cold hard facts and simply parrot what they've heard elsewhere regarding this situation.  If you don't know what your talking about, it's best you keep your mouth closed."}
{"_id": "138892", "title": "", "text": "Mainly because I have it and you don't, I can make you do stuff for it because more of us perceive its value than bother about the paper you are holding.   Picture if you will a moment in time, when the paper you are holding, represented the amount of gold you had at home, as time went by you spent all your gold and the amount the paper represented, became less and less and the amount of lunch you could buy with it became less and less.  Today the day has arrived, that you have no gold left and what your paper represents is an empty coffer . .  Move along . .people who can pay for their lunch are waiting and look, the paper they hold represents gold they have."}
{"_id": "138925", "title": "", "text": "hell even the gulf arab states are doing...well they are somewhat functional.  Canada doesn't suffer from a curse. Australia produces nothing but commodities yet still does well.  Japan has no resources. korea doesn't either, were colonized and still have done decently.   look at the difference between Haiti and DR. same land. but the Dominicans aren't really black."}
{"_id": "138934", "title": "", "text": "When I moved banks.  I had my old bank cut a cashier's check.  It isn't a check you write. They write it and give it to you.  I then took the cashier's check to my new bank to deposit it."}
{"_id": "138935", "title": "", "text": "Our seasonal worker program is broken. Only 5% of foreign farm workers use it and the rest come illegally because it's impossible to clear the system. If we had something in place to easily get people in and out of the country to work the fields I would agree but that system for us doesn't exist."}
{"_id": "138944", "title": "", "text": "\"1. Transcript: http://www.henrygeorgeschool.org/uploads/Smart_Talk_Transcript_Interview_Roberts_v02.pdf      Source: http://www.henrygeorgeschool.org/Smart_Talk_TV.html  2. (a) \"\"[The Social Responsibility of Business is to Increase its Profits](http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html)\"\" by Milton Friedman, published on 13 September 1970: http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html       Mirror: http://web.archive.org/web/20030130073709/www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html      (b) \"\"[Maximizing shareholder value: The goal that changed corporate America](http://www.washingtonpost.com/business/economy/maximizing-shareholder-value-the-goal-that-changed-corporate-america/2013/08/26/26e9ca8e-ed74-11e2-9008-61e94a7ea20d_singlePage.html)\"\" by Jia Lynn Yang, published on 26 August 2013: http://www.washingtonpost.com/business/economy/maximizing-shareholder-value-the-goal-that-changed-corporate-america/2013/08/26/26e9ca8e-ed74-11e2-9008-61e94a7ea20d_singlePage.html  3. http://www.reddit.com/r/politics/comments/1kpbd6/oligarchic_tendencies_study_finds_only_the/cbrhf0y  4. http://www.reddit.com/r/technology/comments/28yio0/tech_industry_job_ads_older_workers_need_not_apply/cifoej1  5. \"\"[The West on the wrong path: In view of the events in Ukraine, the government and many media have switched from level-headed to agitated. The spectrum of opinions has been narrowed to the width of a sniper scope. The politics of escalation does not have a realistic goal -- and harms German interests.](http://www.handelsblatt.com/meinung/kommentare/essay-in-englisch-the-west-on-the-wrong-path/v_detail_tab_print/10308406.html)\"\" by Gabor Steingart, published on 8 August 2014: http://www.handelsblatt.com/meinung/kommentare/essay-in-englisch-the-west-on-the-wrong-path/v_detail_tab_print/10308406.html      Source: http://www.handelsblatt.com/meinung/kommentare/essay-in-englisch-the-west-on-the-wrong-path/10308406.html      Via: http://www.handelsblatt.com/meinung/kommentare/politik-der-eskalation-der-irrweg-des-westens-/10308844.html\""}
{"_id": "138950", "title": "", "text": "Ya BK is definitely not the enemy here.  It was a smart business decision and if the US doesn't want to lost key businesses and industries to overseas they need to work with companies to come up with a tax structure that's realistic rather than charging damn near half for the top tier marginal rate and calling companies unAmerican for wanting to leave."}
{"_id": "138954", "title": "", "text": "\"Plenty!  Following are just a few: For things like RESP and RRSP which have an \"\"end\"\" date; as you or your children age, you should be migrating to less speculative investments and more secure ones.  When children are young, for example, you might be in a \"\"growth\"\" type fund.  Later on, you would likely want to switch that to an \"\"income\"\" fund, which is also more conservative and less likely to lose principal. Are you getting the best benefit from your credit cards?  Is there another card with benefits that you would get more \"\"back\"\" from using?  Is that fee-based Air miles card worth it?  Is cash-back better for you? If you have regular investment withdrawals, can you increase them?  Do you like the plan they are going in to?  Similarly look over any other long-term debt repayment.  Student loans, car loans, mortgage.  What is coming up this year, what is \"\"ending\"\".  If, for example, car payment will end, how will you earmark that money, so it just does not disappear into general funds. While you could go over things like these more often, once a year should be plenty often to keep tabs and not obsess. Good Luck!\""}
{"_id": "138973", "title": "", "text": "I am in the same boat as this guy. Laugh all you want, but I am not racist either. I love what African-Americans have done for our country. Their culture has made a HUGE impact on our country. But to suggest there aren't MAJOR issues facing their community and to suggest America would be same if Anglo-Saxons had not been running the show for the last 200 years, is naive. While we try to figure out how to solve the problems that plague our African-American community, we need to be careful. Let's encourage the efforts of people who made our country great over the actions of people who make our country not so great"}
{"_id": "138979", "title": "", "text": "Lotto Playing To Win is the top source for Lottery strategy in the USA. We have turned thousands of lottery losers into winners and made hundreds of people rich. We are the only lottery systems that have been credited with winning dozens of first prize lottery lotto jackpots. If you want to many strategies for winning the lottery then you should read the Lotto Playing to Win E-Book. You can get this book on our website lottoplayingtowin and you can order online."}
{"_id": "138983", "title": "", "text": "You need to keep in mind that there's an exemption amount of more than $5M (five million) dollars for estate tax. Unless you used all of it for gifts during your life time, it will more than cover all of your $70K estate, so there's no need in any additional planning. As to Roth vs Traditional IRA - if you want to leave something to your siblings, leave them the Roth. Why would you give the taxable income to your siblings when you can give them the nontaxable one? Charities are tax exempt anyway."}
{"_id": "138985", "title": "", "text": "\"Daniel covered the correct way to file on the returns, I'm chiming in specifically to discuss the question of whether it could be a gift. The IRS will classify it as a tip even if the person giving it says it's a gift if a service was rendered before the gift was given. The only way that you could make a case to the IRS that it was a gift is if you have a personal relationship outside of the working environment, and the person giving the gift provides an explanation for the motivation behind the gift.  Such explanations as \"\"Happy Birthday\"\" or \"\"Congratulations on graduating\"\" or other special occasions could be gifts. But \"\"you did a good job, and I just want to reward you for your effort\"\" is not a reason someone gives a gift, and the IRS will penalize you if you do not have evidence that it was a gift rather than a tip.\""}
{"_id": "138987", "title": "", "text": "[Evidence?](http://governmentisgood.com/articles.php?aid=17)  What you are asking for is evidence based on theoreticals.  You can\u2019t have that evidence unless it has actually been tried.  So what you get instead is the same thing we see in Congress: a discussion of theoreticals.  The biggest problem is the way we react to taxes changed based on the current circumstances we are in.  Our circumstances have yet to repeat themselves.  We are s relatively young country.  Good luck finding evidence to support either side.  Instead, look for and debate good arguments from each side."}
{"_id": "138994", "title": "", "text": "\"&gt; Thank you for the wealth of information!  Sure, I hope my opinions are food for thought.  &gt; 1) Does that basically translate to \"\"less tax on poor/wealthy...to promote entrepreneurship?  No, your typical entrepreneur is a smart, disgruntled employee who thinks they have a better way to do a job.  If you want more entrepreneurs, you should do things to help them succeed in a new company and minimize the risk.  Some ways to do this:  * Create a government agency that offers programs that help new companies.  Guidance and funding are obvious candidates.  Advertising for small local business would help too.  One of the most important would be getting complementing talent together because a start-up needs the talents of at least four different people to have a good chance of succeeding.  * Establish guaranteed health care.  A 40-something with a wife and kids may have a great idea but can't risk to leave his family with no health insurance for the two years it would take to get his idea off the ground.  * Better enforce anti-trust law.  I believe small companies are stifled by big companies because the latter control too much of the market.  If you want competitive markets you need to either break-up or handcuff and monitor the big players.  * Create a better safety net.  It is a lot easier to go on your own if you know at least you won't starve.  &gt; 2) Rich using money to grow their own wealth. But wouldn't that mean as a byproduct, jobs will be made?  In theory, yes, but I believe in practice the opposite happens.  Big companies can make significantly more money hoarding their market share rather than branching into new markets.  Here's a true story of my last company with names changed:  Company A makes widgets.  Company B makes bookkeeping software for tracking widgets and is very successful, controlling a majority of the market.  Company A buys Company B at an inflated price.  The government allows the sale on the condition that Company A does not use Company B's information on the widget market to gain an unfair advantage.  Company A agrees and the buyout takes place.  Company A then approaches all of Company B's customers and says, \"\"Let us look at the data on your bookkeeping software and we will give you a 5% discount.\"\"  Most customers agree so Company A now has all the data controlled by Company B but this is not illegal because they got it from Company B's customers, not company B.  Company A proceeds to undercut the market because it now knows exactly how much their competitors widgets sell for.  Company A now controls a majority of the widget market and their market share continues to grow rapidly.  By the way [here is that Bloomberg article I described earlier about repatriation being about buyouts](https://www.bloomberg.com/gadfly/articles/2017-05-08/theory-of-tax-repatriation-is-better-than-the-reality).  &gt;&gt;  Take home money is used for investment. It isn't.  &gt; 3) I don't think I understand this one at all. Will you rephrase it for me?  The argument is that we need to tax corporations less so they can invest more.  Here's the problem -- investments are not taxed.  A corporation's tax is a percentage of their gross income minus their expenses.  Investment is an expense.  Therefore the more they invest, the lower their tax bill.  If you want companies to invest more, raise their tax rate.  &gt; 4) I did hear from my professor and the educational videos he had shown us that the capital tax is one of the highest among the other OECD nations.  I need to walk back what I said earlier.  The US corporate tax rate is one of the highest.  Does that mean US corporations pay the most tax?  Well, [it's complicated](http://www.npr.org/2017/08/07/541797699/fact-check-does-the-u-s-have-the-highest-corporate-tax-rate-in-the-world).  &gt; ...why can't we just close loop-holes instead of choosing to slash capital tax?  Note that those go in opposite directions.  Closing loopholes would make companies pay more.  Slashing capital tax would have them pay less.  Perhaps doing both would be revenue neutral.  I would be in support of that because I suspect loopholes benefit big companies a lot more than small ones because they have the resources to find and exploit those loopholes.  That said, people in power have been talking for 20 years about \"\"closing the loopholes\"\".  They never do.  [CGP Gray has an excellent video explaining why these loopholes are not going anywhere anytime soon](https://www.youtube.com/watch?v=rStL7niR7gs).  &gt; 5) I think it's in each company's best interest to further their own agenda, and that agenda usually means bad for the majority.  Yes, that's a much better way of saying what I meant.  &gt; Thank you in advance for your time.  Sure, thanks for thinking, asking questions, and making up your own mind.\""}
{"_id": "139015", "title": "", "text": "The spot curve (or yield curve) demonstrates the different yields at which bonds of differing maturities are being purchased. When the yield curve is upward sloping, longer maturity bonds are being purchased at higher yields. When it's downward sloping, longer maturity bonds are purchased at lower yields. Keep in mind that yield is inversely related to price, so that a high-yield bond will be at a lower price and vice versa. The spot curve can also be used to determine the forward curve. This is based on the concept that an investor, given two options with identical cash flows, will be indifferent in what to purchase (i.e. their prices should be equal).   To learn more about this, stay here in /r/finance. To learn anything about your actual question, try /r/personalfinance."}
{"_id": "139016", "title": "", "text": "This professionally accredited course is designed to help you the confidence and business acumen necessary to develop, position and build businesses in the most strategically effective way. We aim to provide a Business marketing understanding of business analysis, planning, and management, alongside specialist marketing skills, such as understanding customer behavior, developing creative solutions and how to promote competitive advantage."}
{"_id": "139025", "title": "", "text": "\"Question:  Why is \"\"negative equity\"\" on a home such a huge deal? Whether or not your home equity/mortgage balance is positive or negative, it's not like your monthly payments are changing at all, right? Regardless of if you have a mortgage or were renting an apartment, you'd still have to pay to live there, right? If every month you're still going to be out $1000 one or another, some equity is better than no equity right?\""}
{"_id": "139026", "title": "", "text": "The only thing that comes to mind is a recent HBO Real Sports segment (http://www.youtube.com/watch?v=WDjkbgrgcmo) on a couple of NFL players who blew all of their money.  Seeing how they've ended up might make the right impression, but given that your brother ran up $148K in debt, I'm not optimistic."}
{"_id": "139031", "title": "", "text": "Stuart MacFarlane Jungian Analyst Stuart MacFarlane, a psychotherapist and Jungian analyst, suggests workers try psychotherapy to overcome their sleep troubles. While there are many forms of psychotherapy, it generally involves talking to a therapist to gain a better understanding of yourself to change and overcome your problems."}
{"_id": "139047", "title": "", "text": "I have in the last few years purchased several used cars from dealers. They have handled it two different ways. They accepted a small check ~$1,000 now, and then gave me three business days to bring the rest as a cashiers check. They also insisted that I submit a application for credit, in case I needed a loan.  They accepted a personal check on the spot. Ask them before you drive to the dealer. Of course they would love you to get a loan from them."}
{"_id": "139049", "title": "", "text": "I suppose you can calculate the rate of return on buying a home in terms of appreciation, expenses, inflation, taxes, etc.  Nothing wrong with that. The method justkt came up with is accurate, but when you get the number out I wouldn't worry if the return is negative. Why?  Because you've lived there and enjoyed the house the whole time (I'm assuming anyway that this is your residence you're purchasing).  If you come out even the slightest bit ahead, congratulations!  You had a free place to live the whole time, plus you made a little money on the deal. If you lost money, then oh well.  You still had a place to live."}
{"_id": "139058", "title": "", "text": "I don't know what you're talking about. If anything bankruptcy has become more creditor friendly over the years, which is only logical because business debtors don't really lobby for friendlier bankruptcy rules when they're not planning on being bankrupt. The only difference is that debt is more readily available and a bigger part of doing business today, so you'll naturally see more reorganizations."}
{"_id": "139059", "title": "", "text": "\"Summary: It's because you are effectively contributing more money in the second case, so you have more money at the end.  The effect of being covered by an employer retirement plan (in the case of a 401(k), that means either you or your employer contributed to it during the year) is that it prevents you from deducting Traditional IRA contributions unless your income is below a very low level (for Single filing status, it phases out at an MAGI of between $62k and $72k). Since you are unable to deduct the Traditional IRA contribution, but you entered that you are still making the full $5500 contribution every year, that means you are making a non-deductible contribution of $5500 every year instead of a deductible contribution. Nondeductible contributions are \"\"after-tax\"\", whereas deductible contributions are \"\"pre-tax\"\" (because your taxable income is reduced by the amount of the contribution, so you effectively don't pay income tax on the income you used to contribute). $1 of pre-tax money is not the same as $1 of after-tax money. If your marginal tax rate is 25%, then $1 of pre-tax money is equivalent to $0.75 of after-tax money. However, since in both cases you are putting in the same nominal amount of contribution ($5500), but one is pre-tax and one is after-tax, in the after-tax case you are effectively contributing more money, i.e. more money is taken out from your bank account that year. The $5500 pre-tax contribution is equivalent to only $5500 * 0.75 = $4125 after-tax, i.e. you are only short $4125 from your bank account at the end of the year after making a $5500 deductible contribution, whereas you are short $5500 after making a $5500 non-deductible contribution, so it's not a fair comparison. The non-deductible Traditional IRA contributions are not taxed when withdrawn (though the earnings earned from those contributions are still taxed), so that's why you are left with a greater amount. This is a similar situation to what happens when you try to compare a $5500 deductible Traditional IRA contribution to a $5500 Roth IRA contribution -- it will look like the Roth IRA case leaves you with much more money, but that's again because you are effectively contributing more money, because the Roth IRA contribution is after-tax, so it's not a fair comparison. (The Roth IRA case will produce a much greater \"\"advantage\"\" than the non-deductible Traditional IRA contribution case, because for a Roth IRA, both the contributions and earnings will not be taxed at withdrawal.)\""}
{"_id": "139076", "title": "", "text": "But has inflation went up ? The only reason jobs would be lost would be if the cities economy couldn't absorb the inflation .  Since you are now increasing the incomes of every one at the bottom , the city will likely be able to absorb the inflation . The question really is have the people at the bottom increased there spending power over all  and have there been winners and losers for example maybe servers are doing better but retirees and others on a fixed income worse ."}
{"_id": "139089", "title": "", "text": "The penny pilot program has a dramatic effect on increasing options liquidity. Bids can be posted at .01 penny increments instead of .05 increments. A lot of money is lost dealing with .05 increments. Issues are added to the penny pilot program based on existing liquidity in both the stock and the options market, but the utility of the penny pilot program outweighs the discretionary liquidity judgement that the CBOE makes to list issues in that program. The reason the CBOE doesn't list all stocks in the penny pilot program is because they believe that their data vendors cannot handle all of the market data. But they have been saying this since 2006 and storage and bandwidth technology has greatly improved since then."}
{"_id": "139094", "title": "", "text": "\"They are similar in the sense that they are transferring money from the company to shareholders, but that's about it. There is different tax treatment, yes, but that's because they are fundamentally different. Dividends transfer money equally to all shareholders, but that also reduces the value of each share by the same amount, since it's cash out the door, which drops the value of the company. Shareholders are taxed on dividends at the capital gains tax rate. A buyback returns the cash to shareholders who decide to sell.  Other shareholders get a secondary benefit of now owning a slightly larger portion of the company since there are fewer shares outstanding.  Shareholders only pay tax if they sell shares for a gain. It that means when company buyback their stock, the stock price will definitely go up? Not necessarily. It depends on the price that the company buys back the shares for and what the \"\"opportunity cost\"\" of that cash is - meaning what else could the company have done with the cash that would have been better? Buybacks often happen in mature companies with undervalued stock prices and fewer opportunities for further investment.  If a company has an intrinsic value of $10 a share but its stock is trading at $8 a share, then it can instantly get a 25% \"\"return\"\" by buying back stock.  I use the term \"\"return\"\" loosely since the company does not actually profit from the buyback, but from the shareholder's perspective the company is worth more per share.\""}
{"_id": "139095", "title": "", "text": "And that's how we ended up with Detroit. Someone someplace with a almost meaningless existence will always be willing to do it cheaper. Funny thing about creating a society though. Capitalism, often is very counterproductive to creating a society. Checks and balances must be put in place or it will eat itself."}
{"_id": "139097", "title": "", "text": "What is your career goal for the CFA? I'm asking because there are quite a few financial careers where to CFA is quite useless. It would be pretty miserable if you wasted your time getting a certification that wasn't helpful."}
{"_id": "139107", "title": "", "text": "Disappointing to say the least.  I'd like to see us invest in updating our nuclear reactors and experimenting with MSRs.  I just don't hold out a lot of hope that Solar is going to be the end all, be all."}
{"_id": "139113", "title": "", "text": "Even selling isn't riskless. Sure, your house has gained value-- but unless that's due to improvements you made to it, every other house in the neighborhood you might buy has gained value too, so moving might not result in extracting any net value. This is one of the reasons I keep reminding folks that a house is not an investment. It can be a business, if you're renting it out. But if you're occupying it, it is simply housing. If you are lucky you'll make a profit if and when you sell it, but don't count on that.  It does store value, but except for taking loans against that it's had to access that value. And lower loan rates than you'd otherwise pay are not a huge value when you'd save more if you don't borrow at all. The only use I'm making of my house's value is that by taking a very-low-rate mortgage when I could have paid cash I was able to leave more money in my investments -- arguably the safest leveraged investment possible."}
{"_id": "139119", "title": "", "text": "Part of his responsibilities being on the board is to have judgment when it comes to selecting good leaders. He failed precisely for this reason.  Unless you think Trump is a good leader, in which case we really don't have anything to discuss."}
{"_id": "139150", "title": "", "text": "The other side of this is that businesses can (and do) negotiate to have ratings/reviews removed or altered by the poster.   So the idea that what you're seeing is anything like a real sample of customer sentiment is a fantasy. No negative reviews? Might just mean the business owner actively manages their reputation. Ugly 1-star reviews? May just be an extortion attempt in progress. Want a refund? Just write a horrible review on Yelp, perhaps the business owner will pay to have it removed."}
{"_id": "139151", "title": "", "text": "You can buy an Amazon gift card for use later."}
{"_id": "139175", "title": "", "text": "1) People aren't always going to be able to do their occupation, or their desired hobby. 2) Government assistance, or whatever you want to call it, is available at a certain age. Some people look forward to this and plan to rely on it, but it isn't really sufficient for living off of and keeping the standard of living you will be used to. Therefore, such situations require you to plan using a variety of other institutions to help you in that time. Finally, more is more: if your retirement funds exceed what you need, you can leave something for your family to help them start at a more stable financial place after you are gone."}
{"_id": "139210", "title": "", "text": "I been waiting for this since i was 8 yrs old looking out the window at this parking lot as big as a walmart.   Wondering how they can afford all that overhead while not selling toys? If only they didn't suck at making u feel bad for having parents unable to provide ua $100 toy"}
{"_id": "139230", "title": "", "text": "It depends on you. If you're not an aggressive shopper and travel , you'll recoup your membership fee in hotel savings with one or two stays. Hilton brands, for example, give you a 10% discount. AARP discounts can sometimes be combined with other offers as well. From an insurance point of view, you should always shop around, but sometimes group plans like AARP's have underwriting standards that work to your advantage."}
{"_id": "139238", "title": "", "text": "I'm not pro-union not because of a conservative talking point, but because I think workers should have the choice as to whether they want to join or not.  Most unions are compulsory, not voluntary.  When I worked for Kroger as a summer job, I was forced to join the UFCW (United Food and Commercial Workers).  A part of my meager hourly wage was required to be given to them, yet I did not want to be a member because I would never receive the benefits.  You had to be working for 6 months to be accepted into the union, yet you were forced to pay dues the first minute you began working."}
{"_id": "139274", "title": "", "text": "While you're right overall, in this particular case they were issuing the C&amp;D for the use of Mcgregor's trademarks to sell merchandise. The website admitted to using his photos/likeness and his name. So at the very least they should have claim to all sales up to that point, and can try to get a piece of future sales claiming that the initial violations set it all in motion (would probably lose that).    Disclaimer: Im not a lawyer, but I play one on the internet."}
{"_id": "139314", "title": "", "text": "\"The lady said there wasn't any warning signs, uh hello they sent you $2850 and asked you to then make deposits. I would of just kept it if somebody sent me a \"\"check\"\". That's way to trusting for a new survey job.\""}
{"_id": "139360", "title": "", "text": "&gt; Queue the increased prices at the grocery store  Nope, we will eat the rise in cost. Grocery stores are in an all war of attrition and the ones who don't keep prices low are going to lose all their customers.      Really the only thing going up in cost lately that saw a retail raise was Asparagus, but that was due to rain."}
{"_id": "139363", "title": "", "text": "\"As long as you're willing to pay the taxes and the penalties, once you're no longer employed you're allowed to do whatever you want. You can always do an \"\"direct roll-over\"\" (See IRC Sec. 401(a)(31)(A) which mandates this) and then withdraw from another qualified account, thus creating a withdrawal, if they refuse to just mail you a check (Why would they care? Don't know). The match may have some vesting restrictions, though. Your own contributions - are yours to do with whatever you feel like. That said, just pointing out the obvious - it's a very bad idea. Unless you expect to die before you're 60 and don't want to leave a dime to your heirs, you would probably be better off leaving it in a tax-sheltered account. If the custodian is bad - just roll over elsewhere, there's tons of excellent IRA providers.\""}
{"_id": "139366", "title": "", "text": "There's a ton of great advice here.  It's very challenging to come up with something that hasn't already been suggested.  I'm curious to know how many years you have left to pay down the mortgage at the regular rate of payment.  If it's more than 15 years, it might be worthwhile to consider refinancing your mortgage to a shorter term (15 years or even 10 years if your income supports it).  Rates on fixed-interest mortgages at those terms are down in the 3% range and lower (at least according to bankrate.com).  Refinancing to a shorter term would be another way of paying off your home faster (with fewer of those dollars going toward interest payments). If you've got fewer than 15 years left to pay off your mortgage, following any of the other advice you've received here should keep you in great financial shape."}
{"_id": "139368", "title": "", "text": "Diversifying is the first advice given to beginner in order to avoid big loss. For example in 2014 the company Theranos was really appealing before it fail in 2016. So a beginner could have invest ALL his money and lose it. But if he has deverified he wouldn't lost everything. As an investor goes from beginner to experience some still Diversify and other concentrate. Mostly it depends how much confident you are about an investement. If you have 20 years of experience, now everything about the company and you are sure there will be profit you can concentrate. If you are not 100% sure there will be a profit, it is better to Diversify. Diversifying can also be profitating when you loose money: because you will pay tax when you earn money, if you diversify you can choose to loose money in some stock (usually in december) and in this way cut your taxes."}
{"_id": "139373", "title": "", "text": "Vale Do Lobo is a premier resort located in Algarve. It offers a comprehensive range of facilities and activities for the vacationers. There are most luxurious and a comfortable staying option then the Holiday Properties In Vale Do Lobo. There are many Villa rentals in Vale Do Lobo available at reasonable rentals offering all comforts and luxuries during the stay in Vale Do Lobo. http://simplyalgarveltd.blogspot.com/2017/05/select-suitable-villa-rentals-in-vale.html"}
{"_id": "139379", "title": "", "text": "&gt;I want a guy who has spent 20 years in such a blue-collar job to be able to earn as much as a computer programmer who only graduated a couple of years ago.  So you want low skill jobs to pay more than high skill jobs based solely on seniority. Do some research into the Italian or Spanish economy. That's pretty much what you advocate. It's a terrible idea that would probably destroy the US economy."}
{"_id": "139381", "title": "", "text": "Spinal pain may be caused because of some reasons like disturbed or damaged nerves, tensed muscles and so on. Dr. Vyom bolia started small Physiotherapy clinic by in 2008. In healthline, we have 30 physios, yoga and professional trainers. They are giving best treatments to their patients.http://healthlineudaipur.com/gallery.php#Spine-Specialist-in-Udaipur"}
{"_id": "139383", "title": "", "text": "As I understand it, capital gains from real estate sales in India can be shielded from income tax entirely if the proceeds of the sale are invested in certain specific types of bonds (Rural Highway Contruction Authority of India?) for a period of three years beginning no later than x months (6 months?) after completion of the sale. Perhaps this applies to sales of inherited real estate only and not to commercial property or residential property acquired by purchase since there is no step-up of basis on death as occurs in the US, and in all likelihood, records of the purchase price of the inherited property are lost in the mists of time, and so the basis of the investment is effectively zero (or treated as such by the revenue authorities) The interest paid by these bonds is included in taxable income. Perhaps @Dheer will be willing to correct any mistakes in the above. So, it may be necessary to check whether (a) the interest income from the bonds was declared on Form 1040 Schedule B for each year (b) whether the appropriate boxes (the ones that ask whether the taxpayer has signature authority over foreign accounts etc) were checked on Schedule B or not, (c) whether Form TD 90-22.1 was filed each year or not (this is the FBAR requirement) Note that if the total value of the accounts is less than US $10K during the entire year, then the taxpayer is supposed to check NO on Schedule B and need not file Form TD 90-22.1.  Also, there is a separate requirement to file a Form 8938 for certain specific types of investments.  There was a two-part article describing these rules in Forbes magazine some time ago, and this is available on-line (Part 1 and  Part II) As @superjessi says, the IRS might be lenient if the only issue is not filing the forms in timely fashion, and the taxpayer is voluntarily coming into compliance even though the filing is late. They are likely to be less  forgiving if the foreign income was not reported, and still remains unreported even after filing the various forms."}
{"_id": "139387", "title": "", "text": "\"A little terminology: Grant: you get a \"\"gift\"\" with strings attached. \"\"Grant\"\" refers to the plan (legal contract) under which you get the stock options. Vesting: these are the strings attached to the grant. As long as you're employed by the company, your options will vest every quarter, proportionally. You'll become an owner of 4687 or 4688 options every quarter. Each such vest event means you'd be getting an opportunity to buy the corresponding amount of stocks at the strike price (and not the current market price which may be higher). Buying is called exercising. Exercising a nonqualified option is a taxable event, and you'll be taxed on the value of the \"\"gift\"\" you got. The value is determined by the difference between the strike price (the price at which you have the option to buy the stock) and the actual fair market value of the stock at the time of vest (based on valuations). Options that are vested are yours (depending on the grant contract, read it carefully, leaving the company may lead to forfeiture). Options that are not vested will disappear once you leave the company. Exercised options become stocks, and are yours. Qualified vs Nonqualifed - refers to the tax treatment. Nonqualified options don't have any special treatment, qualified do. 3.02M stocks issued refers to the value of the options. Consider the total valuation of the company being $302M. With $302M value and 3.02M stocks issued, each stock is worth ~$100. Now, in a year, a new investor comes in, and another 3.02M stocks are issued (if, for example, the new investor wants a 50% stake). In this case, there will be 6.04M stocks issued, for 302M value - each stock is worth $50 now. That is called dilution. Your grant is in nominal options, so in case of dilution, the value of your options will go down. Additional points: If the company is not yet public, selling the stocks may be difficult, and you may own pieces of paper that no-one else wants to buy. You will still pay taxes based on the valuations and you may end up paying for these pieces of paper out of your own pocket. In California, it is illegal to not pay salary to regular employees. Unless you're a senior executive of the company (which I doubt), you should be paid at least $9/hour per the CA minimum wages law.\""}
{"_id": "139397", "title": "", "text": "This. Ivy League students are simply more likely to be given these positions of power that let people get away with bending the rules in a big way. I think the vast majority of the students have benevolent or even altruistic motives, and often get twisted by a corporate culture later in life.   Source: Harvard student. Most of us don't want to go to Wall Street anyway."}
{"_id": "139405", "title": "", "text": "Well, you could probably say that the modern tax &amp; regulatory system is the main cause.  ...for instance, in 2001-02, the Bush tax cuts reduced the dividend tax rate from 28% to 15-20%, which is pretty substantial, at least, if you pay yourself that way from owning a company.  So, as he said, if dividend tax rates are low, then well, people will pay themselves more dividends.  Of course, there are many other factors, such as deregulation &amp; anti-trust, etc., but the dividend &amp; capital gains is a big factor."}
{"_id": "139418", "title": "", "text": "\"People seem to think that Yelp serves businesses or the public.  It doesn't.  It serves Yelpers.  Yelpers want reviews from other Yelpers \u2013 and that's it.  If you don't review things frequently on Yelp, they don't care about your opinion.  Sorry.  Nothing personal, but this website is only interested in reviews from people who use the site frequently.  You might be the most upstanding person in the world, and you might post a great review of a business, but this isn't your blog.  You're not entitled to have the world see your review here.  They only want the opinion of regular Yelpers.  If you want to be a part of the Yelp community, keep making reviews, and they'll un-filter your reviews.  There are people who say that businesses that pay Yelp get more reviews, but it's not true.  The article even states that she was paying $350/month *before* these reviews got filtered out.  The article also says a court case against Yelp was thrown out because there was no evidence showing bias.  People who claim this are just butt-hurt and want to justify their bias by claiming that Yelp is greedy and unscrupulous.  The fact of the matter is this: Yelp has a powerful community.  Business owners see Yelp as possibly affecting their business.  They want to have control over that, but they can't.  In fact, Yelp goes out of their way to prevent that.  Many business owners simply aren't mentally capable of grasping how some things work, and when things don't go their way, they get angry and make accusations.  This particular woman, who is currently taking 3 hours of \"\"social media classes per week\"\" (WTF), thinks \u201cthere maybe needs to be some rules on the net that aren\u2019t there now.\u201d  No offense lady, but you probably shouldn't be writing internet laws until you're done with your \"\"internet for dummies\"\" classes.  You might think that this is not a good model for a review website.  If so, don't use it.  It's not a government institution and you're not obligated to use it.  Go find another review site.  Better yet, if you think Yelp is so horrible, go make your own review website that allows anyone to review things.  I'm sure it will be great and everyone will love it.  Whatever you choose, stop trying to ruin Yelp.  The people who use it like the way the it is and don't want some butt-hurt non-users fucking it up.\""}
{"_id": "139432", "title": "", "text": "Shhh, all of these lists are stupid bullshit so that executives can pretend that the issues aren't related to wages, benefits, time off, unpaid overtime, but instead the issue is to look at your employees like a bunch of whiny teenagers that just need some direction and a slap on the back once in a while."}
{"_id": "139438", "title": "", "text": "Investopedia defines it in the following way: It's essentially a market order that doesn't get entered until the last minute (or thereabouts) of trading. With this type of order you are not necessarily guaranteed the closing price but usually something very similar, depending on the liquidity in the market and bid-ask for the security in question. Traders who believe that a security or market will move more heavily during the last few minutes of trading will often place such an order in the hopes of having their order filled at a more desirable price."}
{"_id": "139451", "title": "", "text": "I've learned that it's now much more expensive to buy so early.  We're looking at the eastern caribbean for our anniversary in November, been pricing for two months and they keep going down.  I check everyday and the day I see them go up again is the day I will buy."}
{"_id": "139484", "title": "", "text": "\"WF has trust in certain customers.  I doubt that they will lose that trust by lowering prices, and they will probably gain other customers as well.  The thing you should probably do before making your judgements is to realize that the CEO of Amazon is probably a pretty smart person and he has access to information that you don't.  So maybe you should lean on the side of \"\"Wait and See\"\" before making any judgements to a certain move.\""}
{"_id": "139501", "title": "", "text": "\"There are a few sites out there that can give you some reasoning behind the request. LegalZoom, for instance.  To quote the LZ doc in case the link dies: Employee vs. Independent Contractor If a worker is an employee, the employer is responsible for paying   Social Security, unemployment insurance, Medicare, and possibly other   costs like workers' compensation insurance for the employee; at the   end of the tax year, the employer is responsible for compiling all   necessary payroll reports, including W-2 forms. If a worker is an independent contractor, the employer is not   responsible for any of the above taxes or payments, and the only added   paperwork is the issuing of a 1099 to the independent contractor at   the end of the tax year, if he or she has made more than $600 with the   employer. As Kent suggested, you should speak with an attorney (really you need one if setting up an LLC). There are a lot of companies out there these days that try to classify people as contractors rather than full-time employees as it gets them out of paying benefits and dealing with taxes. This is being heavily cracked down on, and several \"\"contractor\"\" employees are winning lawsuits to get full-time status.  If you are truly acting as a contractor, then setting up an LLC can help with a few items such as taxes and protection on certain business aspects (see comments below regarding this). It's easy and relatively cheap (cost me about $250 with extra legal advice tacked on). If you are reporting directly to a manager with the company, or really working in any way that isn't consistent with the definition of a contractor, then I'd turn down the offer and ask to be made a FT employee.  Additional information: https://www.sba.gov/content/hire-contractor-or-employee\""}
{"_id": "139508", "title": "", "text": "Just gotta weigh that against any perceived benefit. Regardless, I wouldn't personally use a static salt alone, because that would lower security dramatically if it was ever discovered. Creating a single rainbow table using a known static salt is much easier than 100 million with unique salts. It's a gamble whether they're dumping your database from an exploit that would give them access to that information."}
{"_id": "139518", "title": "", "text": "Visa, Mastercard have very strong consumer protection. I have been wondering about this question for a while but never got around to asking it here: What happens if a retailer knowingly defrauds me? My guess is the first party to ask for help is Visa, Mastercard: a retailer knowingly defrauding you is unlikely to refund you any money. However, slip-ups do happen. If this is a retailer of good repute, they will not only refund you the money but send you a gift card too! Please do followup this post with what helped you in the end, but my guess is, your first (and last) line of defense would be Visa, Mastercard. Anything that would go through the bank would take such a lot of time and effort, that you would be better off writing it off."}
{"_id": "139519", "title": "", "text": "I'm sorry to hear that.  Some people do just get shit on occasionally.  But my point was that there's only one factor in that equation you have any control over, so that's the important one to focus on.  Blaming bad luck is like blaming goblins; it might make you feel better, but it can't actually help, and may even redirect useful energies into fruitless pursuits."}
{"_id": "139526", "title": "", "text": "NAFTA affected U.S. workers in four principal ways. First, it caused the loss of some 700,000 jobs as production moved to Mexico. Most of these losses came in California, Texas, Michigan, and other states where manufacturing is concentrated. To be sure, there were some job gains along the border in service and retail sectors resulting from increased trucking activity, but these gains are small in relation to the loses, and are in lower paying occupations. The vast majority of workers who lost jobs from NAFTA suffered a permanent loss of income.  Second, NAFTA strengthened the ability of U.S. employers to force workers to accept lower wages and benefits. As soon as NAFTA became law, corporate managers began telling their workers that their companies intended to move to Mexico unless the workers lowered the cost of their labor. In the midst of collective bargaining negotiations with unions, some companies would even start loading machinery into trucks that they said were bound for Mexico. The same threats were used to fight union organizing efforts. The message was: \u201cIf you vote in a union, we will move south of the border.\u201d With NAFTA, corporations also could more easily blackmail local governments into giving them tax reductions and other subsidies.  Third, the destructive effect of NAFTA on the Mexican agricultural and small business sectors dislocated several million Mexican workers and their families, and was a major cause in the dramatic increase in undocumented workers flowing into the U.S. labor market. This put further downward pressure on U.S. wages, especially in the already lower paying market for less skilled labor.  Fourth, and ultimately most important, NAFTA was the template for rules of the emerging global economy, in which the benefits would flow to capital and the costs to labor. The U.S. governing class\u2014in alliance with the financial elites of its trading partners\u2014applied NAFTA\u2019s principles to the World Trade Organization, to the policies of the World Bank and IMF, and to the deal under which employers of China\u2019s huge supply of low-wage workers were allowed access to U.S. markets in exchange for allowing American multinational corporations the right to invest there.  Please thank Bill Clinton."}
{"_id": "139546", "title": "", "text": "Security guards usually come in handy for safeguarding a commercial or residential mansion or simply managing the crowd at a private or corporate event. Robuck Security can provide security guards in Melbourne for short-term as well as long-term requirements. Our security guards are trained in their duties to perform mobile patrolling, taking up concierge desk or customer service and much more. Give us a call to hire our diligent security guards right away!"}
{"_id": "139553", "title": "", "text": "Had a conversation 2 days ago about a centralized bank for bitcoin. He said it would defeat the purpose of the coin, however I argued as it becomes more mainstream, people will want the security that's added by a mediating entity."}
{"_id": "139559", "title": "", "text": "There is another factor to consider when refinancing is the remaining term left on your loan.  If you have 20 years left, and you re-fi into another 30 year loan that extends the length that you will be paying off the house for another 10 years.  You are probably better off going with 20, or even 15.  If this is a new loan, that is less of an issue, although if you moving and buying a house in a similar price range it is still something to consider.  My goal is to have my house paid off before I retire (hopefully early semi-retirement around 55)."}
{"_id": "139567", "title": "", "text": "You keep addressing irrelevant points. You're advocating an incompetent business with an inefficient model to continue running just to keep people employed. You're further assuming that they'll stay unemployed and no other, more efficient firm will capitalize on the niche that opened up with sears' passing.   Don't let emotions stomp on logic."}
{"_id": "139583", "title": "", "text": "\"&gt; It's only deceptive if you literally don't think about it at all.  That's literally what the intent is in the aggregate. most people don't think of the task at hand when they are doing menial tasks like buying food.   &gt; Obviously a chicken meatball isn't 100% chicken. Then it would just be ground chicken.  I disagree that it's all that obvious to most people how a meatball is made. I know because I also know how to cook but a lot of people don't know that. The usage of \"\"made with 100% chicken\"\" is absolutely a lie by omission. what else would it be made from if it's made from chicken? If it's not 100% or near 100% chicken there should not be labeled 100%... you should be able to say \"\"made with real chicken\"\" or \"\"contains real chicken\"\" or something like that but not put a label with 100% on it because that is just 100% there to mislead.\""}
{"_id": "139595", "title": "", "text": "You can take a queue from any sales opportunity and position it in ways that will still appeal to someone who intends to continue working perpetually. Here are some of the points I would make: 401k matching funds are free money that you will have access to in ~20 years whether you retire or not. Long-term savings that grow in the stock market turn into residual income that will add to your standard of living whether you retire or not. There are tax advantages to deferring income if you are in a high tax bracket now. You will have flexibility to withdraw that money in future years where you might have lower earnings. (For example, in a future year, you could take a sabbatical trip to Europe for a few months without pay and draw on your savings during that time that you are not making money.) Even if you don't invest in a 401k, you and max out HSA accounts if you are eligible, and position that as money for medical expenses. If you never have medical reasons to spend that money, you can still withdraw at retirement age like a 401k or IRA. (Though it gets taxed as income if not used for qualified medical purposes at retirement time.) With an unwilling partner, it's difficult to make a lot of progress, but if you have matching funds from your employer, do make sure that you are getting at least those for yourself. Ultimately if he doesn't want to save for himself, you should for yourself. There are no guarantees in life. If he dies or leaves, you must be prepared to take care of your own needs."}
{"_id": "139597", "title": "", "text": "getting experience is still my first goal, but i've already been turned down for some jobs that i would have never dreamed of not being qualified for, so even getting anything to put on my resume is a challenge right now.  i never did any internships in college.  if i find a mr. goodyogurt i'll smack him in his one-upping head."}
{"_id": "139603", "title": "", "text": "&gt;It wasn't worth the 5 bucks, for me. I got bored about 1/3 of the way through, although most everyone else seems to have really enjoyed it. &gt; &gt;... I also haven't mentioned whether or not I enjoyed any of his other material, essentially whether or not I'm a fan.  FTFY."}
{"_id": "139635", "title": "", "text": "\"Oh look, the cockroaches have crawled out of the gutter to wage financial war.  Lets just refresh our memories, are you not the fucking assholes who were rating every piece of shit the banks produced AAA, along side the banks you were the core architects of the Global financial crisis and proved unable to rate even a dead cow, if memory serves. And when asked what the fuck you were smoking your answer was  \"\"We did not know\"\"  The fundamental reason for your existence was to know  And inspite of that, the Junk Toxic shit the Fed bought was still rated AAA by you so the Fed paid Top Taxpayer dollar for worthless shit.   Yet here you are . . passing sovereign ratings . .well ok  The fastest growing debt for China is US treasuries . . .so that would mean US debt is bad and the Orange orangutan is going to, as predicted, Default.  I think your time would be better served, evaluating the assets the Fed is going to unwind in October  . . .That is US $ 4.5 Trillion of cow shit you help create, how about you get to work and tell us whats what before the only thing America's food stamps can buy is Radio active grass.\""}
{"_id": "139644", "title": "", "text": "Also you would need to consider any taxation issues. As he will be paying you rent you will need to include this as income, plus any capital gains tax on the re-sale of the property may need to be paid."}
{"_id": "139654", "title": "", "text": "The value of a company is, simplified, the sum of the value of the equity and the value of the debt. There are some other things to add/subtract to that, but just think about those for now.  You could also say the value of a company is the value of its assets, or more precisely the value of the net cash flows those assets will generate in the future.  So let's say you want to start a company, so you want to buy some assets. Maybe you want to buy a $200 asset. Well, you only have $100, so you take out a loan (debt) for $100 for the remainder. You buy the asset and start generating income.  Let's say after a month you get bored and decide to sell the company. Let's assume the value of the assets hasn't changed. Your equity is worth $100, and you find a buyer who is willing to pay $100 for your company. Great! Right?  Well there's still the $100 loan you owe, so you have to pay that back. And suddenly you now have $0.   So in fact, you should have negotiated $200 with the buyer, because that's what the assets are actually worth. Then you can pay back the loan and still have the $100 in equity you deserve. (Alternatively, you could have negotiated the buyer to assume responsibility for the loan; same outcome for you.)  Did that help?"}
{"_id": "139659", "title": "", "text": "Fact check: not true.  Their **median** net worth dropped 39 percent from 2007 to 2010 while their **mean** net worth, which is what the title of this post implies, went down 14.7 percent over the same period.  Other things worth noting: the 2007 net worth values were adjusted for inflation using the Consumer Price Index (CPI-U-RS) and were based on the interviews of 6492 families in 2010 and 4421 in 2007.   Here's the [source article from the Fed [PDF Warning]](http://www.federalreserve.gov/pubs/bulletin/2012/PDF/scf12.pdf)."}
{"_id": "139673", "title": "", "text": "&gt; You need a new TV since your old one broke, and you already know Walmart's grocery prices are the best, so you figure their TV prices are the best, and you buy a TV at Walmart. ...  &gt; ...but when you rely on Amazon  Solution, diversify where you buy your consumer goods. Don't shop by bare minimum price, shop by which retailers you want to support. If you can't afford something except at walmart, you probably can't afford it in general. Nobody is pricing necessities out of affordability. Nobody *needs* a television  &gt; They already own your attention and buying interests, and it's no big deal to you, the consumer, because you'd rather a one-stop-shop for your goods than have choices.  don't assume people are as passive in their purchasing decisions as you appear to be. No retailer or for-profit business should be blindly patronized. I regularly pay more for things, to get them sourced, manufactured, or sold in a way that lines up with my beliefs. Sometimes I just won't buy something I'm in the market for.  That's putting your money where your mouth is, and money is the only language these large retailers speak."}
{"_id": "139689", "title": "", "text": "My girlfriend works at the honest company and Jessica, like another used stated, is there quite regularly. The office space is an entirely open environment with Jessica's desk being in the middle of one large area. I visited the office last week for a company event and was very impressed with not only the layout of the office but the aesthetics and interior design work. Jessica was at this event and like all the founders, seemed very enthusiastic about the company they are running. I predict big things for The Honest Company."}
{"_id": "139699", "title": "", "text": "\"Institutional investors are the \"\"elephant\"\" in the room. When they \"\"sneeze,\"\" everyone else \"\"catches cold.\"\" They're fine, if they're buying after YOU do. They're not bad, if you want to buy after they sell en masse. But when you read about moves of 10 percent, 15 percent or more in a single day, it's because a bunch of institutional investors all decided to do the same thing on the same day.  That's more volatility than most people can stomach. Fewer institutional investors in a stock mean fewer chances of those things happening.\""}
{"_id": "139702", "title": "", "text": "This website is dedicated to shitting on him, justified or not.      The politics subs will upvote anything as long as it talks trash about the guy, including defensible decisions and stuff thats just made up whole-cloth.   There are multiple subs dedicated solely to trying to find dirt on him.   At some point he turned into reddits white whale.   No real dirt so theyve settled for a steady drumbeat of negative op-eds as a substitute.   Sorry you missed the pattern but it looks like you fell for it.   And in the process you sacrified both credibilty and anyones obligation to take your claims without evidence.     Since your grand contribution to this thread seems to be lashing out at people and insulting them in lieu of any kind of reasoning, its especially dubious that anyone should take what you say seriously."}
{"_id": "139716", "title": "", "text": "Yes. The most complicated software most bankers use is Excel. From my limited perspective, success in banking is a function of who you know and how big you can convince everyone else your dick is. Breaking in is the hardest part, but once you're there you won't get kicked out for not being smart enough if you play the game.  You should know accounting really well, also."}
{"_id": "139765", "title": "", "text": "Here is a less scientific view of why there is a focus on credit utilization, it is the easiest to control by doing something. The focus on utilization is coming from the people asking the questions regarding how to improve their score, some even have an obsession with trying to wring a few more points even though they have no immediate need for a loan.  Look at the other factors: That means that for 70% the best advice is either wait for your history to get longer, don't open a new line, or don't close an old line. Therefore the only thing they control is to get their utilization score down. If they pay off balance that saves them interest, if they ask for or are award an increase in credit line that also brings down their utilization number. If it is the easiest to improve, it will garner a greater focus from consumers, therefore it seems that the credit industry focuses on it. In reality each consumer has to look at their situation to see which part of their overall score they need to focus on."}
{"_id": "139781", "title": "", "text": "I think you should set up a shadow site and do shadow sales if possible first before you spend money on inventory. That way you can quantify anticipated demand for your product in a testing period. What are the lead times for your product? It maybe possible to fulfill orders if you get over 100 sales in a short period of time"}
{"_id": "139784", "title": "", "text": "The [Metronome team](http://metronomepartners.com/our-team/) is largely comprised of professionals with considerable prior experience at [large middle-market investment banks](http://www.deepblueadvisory.com/). We enjoy working closely with clients and endorse a high-touch, client-centric operating model, the hallmark of Metronome\u2019s practice. We immerse ourselves in our client\u2019s enterprise and strive to address all client objectives while maximizing shareholder value. We are fully committed. Our team is our client\u2019s team and our client\u2019s goals are our goals."}
{"_id": "139786", "title": "", "text": "I agree! Definitely not a black and white situation and there's a lot of factors.  Maintenance really isn't that big of a deal if it's done correctly. I've never had to replace an engine or transmission on a car younger than 40 or 50 years old. My 88 Chevy Blazer is still going strong and my girlfiends 56 oldsmobile still has original engine and tranny, not rebuilt.  I'd like to own a Tesla once it's feasible to drive 500+ miles at a time like a normal car."}
{"_id": "139788", "title": "", "text": "This depends on what the alternative is. Your loan of .99% is very favorable rate. If you have the 15,000 right now but only hold it in your checking account or cash then you might as well just pay it all off(assuming you have an adequate emergency fund). Paying the debt off sooner will save you on interest. Currently if you pay the minimum you will pay a total of $15,230 by the end of the loan, a $230 premium to $15,000. - Math credit goes to  Joe If you have an investment vehicle you feel can successfully yield more then .99%, you might want to consider investing that money instead, while paying the minimum on your car loan. Also be sure to check the .99% is not an introductory rate which increases later on. It comes down to whether you can get a better return then .99% investing that money or whether you rather just pay off the debt and not worry about it. If you don't want to bother investing the money, than just pay it off... I also assumed you have no other revolving debt with a higher APR. If you do, first pay off the higher APR debt."}
{"_id": "139790", "title": "", "text": "Don't forget job. That's one of the things people in the lower classes lost. I was trying to figure out why there weren't mass firings at trading and accounting firms until the numbers started popping up. They had basically just liquidated what they had, bought at lower numbers, and are now reaping the profits.  Too bad most people earning under $250k a year can't do that."}
{"_id": "139802", "title": "", "text": "For people who frequently submit payments via PayPal, you may want to try and negotiate with them to use Paypal mass payments.  Although the mass payment program is designed to send small amounts to many people, you can process payment batches of 1 transaction. In the CA mass payment fees (paid by sender) are 2% capped at 1.25 CAD To CA and US.  International payments are 2% capped at 24.00 CAD.  No fees for receiver.  A business PayPal account is required to enable mass payments. When I mention this to customers, many are unaware Paypal's mass payment program exists! https://merchant.paypal.com/ca/cgi-bin/?cmd=_render-content&content_ID=merchant/mass_pay"}
{"_id": "139816", "title": "", "text": "I don't have a link handy but the data analysis at target is way more impressive than this. Apparently they can tell when you've become pregnant, AND learned that sending uncouched baby supply ads makes people freak out (so they couch them)."}
{"_id": "139833", "title": "", "text": "\"You have absolutely no concept of a business plan if you think 30-50 pages is going to be read. I have to agree with the guy you called an idiot, this whole thing is a pipe dream and your idea has either been done and failed or you haven't done the research to see that it's already a thing. Your friend has no concept of what a patent is and you have no idea how businesses are run if you're \"\"rough estimate\"\" is 2-3 *million dollars*. I have a feeling you have no concept of the value of a million dollars to begin with. Scrap this bullshit idea, go start a lemonade stand or something and get an idea of what business is before you go spouting off shit like this. You sound like a stupid kid.\""}
{"_id": "139847", "title": "", "text": "How is this bad?  Healthcare in the US is the pinnacle of crony capitalism? It's a government blank check given out by the government to insurance companies.  Not to defend Trump but your reaction is just as knee jerk as his when you defend a corrupt industry that is a utter failure."}
{"_id": "139864", "title": "", "text": "The physician shortage is mostly from the AMA lobbying to limit training slots that are paid for by the government to keep the supply of doctors trained in the US low and wages higher.  Besides how often to US medical institutions just accept foreign medical degrees without demanding US education?"}
{"_id": "139871", "title": "", "text": "It's not clear the cost of funds is a annual or monthly rate. If it is a monthly rate the answers do not converge and you lose money assuming the customer spending is linear.   Let's assume you spent $100 a month (evenly spread out).  You generate $1.50 in interchange fees.   What's my cost of funds within that month? Subtract that from your interchange fee number. (I think calculus might be the best option for calculating this). There's your notional income off of $100, which can easily be solved for $260/year."}
{"_id": "139885", "title": "", "text": "Well damn.. my ass is getting roasted. What I meant was when I'm dropping money to get a fast sports car, I want a stick shift with a loud engine. I don't want a sports car with paddle shifters and an engine that sounds like my aunts electric car."}
{"_id": "139891", "title": "", "text": "I think a lot of people do not understand corporations. People talk about the 99% and the 1%, but expanding that out it comes down to investors. I'm an investor personally, the job of the company is to make as much money as possible to make my investment as valuable as possible. Also, as stated in the article,  this move could be sparked by the desire to not pay double tax, both American and Canadian. Regardless of what moving their tax money does long term, the company is acting with the investors's interests, pure and simple."}
{"_id": "139895", "title": "", "text": "Can you please expand on the Obama bailout BAC incurred in addition to the TARP and how much BAC has outstanding. I thought the only other assistance BAC received was part of the Making Home Affordable program, but that isn't meant to be recovered. [Here's a site that tracks every bailout program] (http://projects.propublica.org/bailout/programs/6-making-home-affordable). Maybe this will help you with your claim."}
{"_id": "139906", "title": "", "text": "I'm pretty sure his secretary pays a higher rate, not higher amount.   The argument they're following the law and if you don't like it change it really kills me. When you spend money lobbying for a change to the tax code how can you then claim you're just following the law?  It's ridiculous there are 7 tax brackets below &amp;450K yet only one above it. I know families right on that line, work closer to a million and some that blow that away. They live completely different lives and should not be paying the same top tax rate on earned income."}
{"_id": "139914", "title": "", "text": "\"I think what you really want to look into is put options. You can essentially replicate the same thing, without worrying about margin calls. Check out this site http://www.fundamentalfinance.com/options/options-basic-charts.php a quick glance seems to show it to be pretty good.  The way you would limit downside risk is to buy a put option, allowing you to sell anytime within the next n months for the current price (assuming american). This will allow you to limit downside risk, however, potential profits do go down due to fees as another answer suggests this could be cost prohibitive. This type of strategy is also known as a \"\"protective put\"\". http://www.optionseducation.org/strategies_advanced_concepts/strategies/protective_put.html If you wanted to be more refined you could use Ak's bands, although you have to be looking for that specific outcome. Also due to complexity, this can become a taxing (in terms of time invested) and risky (if you are wrong) investment. Either way I think you need to study payoff curves a little more.\""}
{"_id": "139915", "title": "", "text": "I believe that it's not possible for the public to know what shares are being exchanged as shorts because broker-dealers (not the exchanges) handle the shorting arrangements.  I don't think exchanges can even tell the difference between a person selling a share that belongs to her vs. a share that she's just borrowing.  (There are SEC regulations requiring some traders to declare that trades are shorts, but (a) I don't think this applies to all traders, (b) it only applies to the sells, and (c) this information isn't public.) That being said, you can view the short interest in a symbol using any of a number of tools, such as Nasdaq's here.  This is often cited as an indicator similar to what you proposed, though I don't know how helpful it would be from an intra-day perspective."}
{"_id": "139919", "title": "", "text": "Now you can reach up to 10,000 attendees for webinars or very large meetings. You can also dial out directly to a landline to invite someone on the fly. It is time to share content and video in real time with Skype for Business. Get it now!"}
{"_id": "139920", "title": "", "text": "Using inside sensitive information about corporate and using the same to deal in securities, before the exchanges are made aware of the information. Its mostly used in derivatives to get maximum returns on investmens, but Its illegal in all the exchanges"}
{"_id": "139925", "title": "", "text": "the baby boomers do realize that they are the only generation on this planet that has the idea of retirement right? nobody before them even know about retirement, and nobody after them will ever hear of retirement again. retirement is a concept made up completely by the baby boomer generation, and then feeling entitled to it"}
{"_id": "139953", "title": "", "text": "&gt; The demand for fiat currencies comes from the fact they are necessary to pay taxes  Only because the collective population has decided that the fiat currency has value. Taxes are not handed down by some benevolent leader, it is you and I deciding that we can do better things if we pool a portion of our wealth together.  Let's say we want to build a road between our homes to improve the act of visiting each other. We decide to share the cost of building the road. I throw in 10 chicken, and you toss in 100 seashells. We work our way over to our road-building friend's place. We give him our offering in exchange for building the road.   He doesn't like seashells, but he is willing to take 20 chickens in exchange for building the road. But now we are 10 chickens short from reaching our goal of having a new road between our homes. We decide to implement a strict agreement that all future pooling of wealth needs to be done with chickens. Seashells are not acceptable.  And now we have a tax paid by a mutually agreed upon exchange medium. It works because everyone agrees that chickens have value. If everyone suddenly became vegetarian and saw chickens as having no value, our tax pool would become worthless. The fact that our tax is paid for in chickens does not mean that chickens will forever have value."}
{"_id": "139954", "title": "", "text": "It means one has to provide documents to estabilsh the source of funds. This is to detect any money laundering. For example an salaried individual suddenly transacting for 1 Million, the bank would ask for proof of funds.    Its possible that the individual has his own funds because of inheretance or a handsome bonus received etc or a it could be he is helping route some illegal money that is not his. There are regulations that state for what kind of transaction Proof of Funds are required."}
{"_id": "139976", "title": "", "text": "\"I think that you're missing one significant point: NFC is not only used for payments. It's a general protocol (\"\"Near-Field Communication\"\") that is supposed to provide easy connectivity between adjacent devices. As such, built-in encryption/security are counter-productive the same way as built-in encryption/security are counter-productive in IP: you're forcing something from a higher layer on a lower layer. Applications that use NFC but don't need this extra security will pay unnecessary penalty. Here come providers like Apple Pay, Android Pay, Samsung Pay and others. They provide applications that use NFC for specific purpose. And they provide the security needed for that purpose. Banks are welcome to introduce their own applications, but they lack the client base to make it wide enough spread for POS providers to include it. Visa/Mastercard have their own \"\"near-field\"\" solutions already that are embedded in cards themselves, and are not necessarily interested in competing with software giants like Apple or Google in their fields. Phone manufacturers also lack the wide enough client base (with the exception of Samsung, which is very popular and as the result is able to pull off its own payment system - I think they're partnered with Visa).\""}
{"_id": "139978", "title": "", "text": "First, many banks do not keep the loan. Even if they send you a payment notice and process the monthly payment, there's still a good chance the loan itself was packed up and sold to investors. Collateralizing mortgages, in and of itself, is not inherently dangerous. But the loan definitely needs a house behind it. If you found a bank that keeps its loans, it would be a tough sell. You'd be asking them to trust that you've chosen the right number to match up with the house you intend to buy. And then they'd need to have another round of processing to turn this into a loan with normal collateral (i.e. put a lien on the house and tie them together.)"}
{"_id": "139985", "title": "", "text": "It's too poorly designed. The fact that it forces deflation in the long run means that it can never really serve the purpose of money. That is, it can never be a universal medium of exchange. Then there's the fact that it has proven insecure, because it can be robbed. And it has proven to be primarily an object of speculation rather than exchange, means that the value of bitcoin relative to other moneys is too volatile."}
{"_id": "139998", "title": "", "text": "\"This is an unfortunate situation for you.  You have zero chance at your question number 1, if someone was going to bend this rule for you it would have happened already.  The answer to question number 2 is pursue solution number 3. The overriding issue is that the IRS makes these rules, not the employer/plan sponsor or the administrator.  You can't talk the plan administrator in to reimbursing you, their system likely doesn't even have a function to do so. FSA timing issues can be complex and I think that's the root of your issue because when an expense can be incurred (date of service versus date of payment) and when a claim must be filed are different things. It's really common to bend the rules on when a claim is submitted, but not when it was incurred.   It's really common for an exiting employee to have 30 days to submit expenses for reimbursement.  FSA expenses must always be incurred within the specified plan year, or within your dates of employment if you weren't employed for the entire plan year, this is specified by the IRS.  It seems like some wires were crossed when you asked this question.  You were asking \"\"can I still incur claims\"\" and they were hearing \"\"how long do I have to submit an expense that has already been incurred.\"\" Some plans allow COBRA continuation on FSA which generally does not make sense.  Your contributions to the plan would use after tax dollars but for folks who know they have an eligible expense coming it can make sense to continue via COBRA in retain your eligibility under the plan so you can incur a claim after your employment termination. Regarding number 3.  This sort of reimbursement would be outside the plan, no precedent is necessary.  You've gotten them to claim it was their mistake, they're going to reimburse you for their mistake, it has nothing to do with the FSA. Good luck.\""}
{"_id": "140002", "title": "", "text": "See an advisor but with a healthy level of skepticism. Question why they make the recommendations they do.  If you have debt, no the interest rate.  If CAGR &gt; interest, invest instead of immediately paying off debt.  In reality, invest the most you can.   You're young and try to live your life like you would've without the inheritance.  The longer you let that money grow in an investment untouched (and honestly that amount of money is a huge gift/surprise at your age) the more you'll thank yourself in the end.  Max out a Roth IRA - your advisor can explain that to you.  Also, you can afford to invest super aggressively since you're so young.  You could also find a variable life insurance contract to act like a Roth and grow a death benefit to continue leaving a legacy in your family line.  Sorry for the advisory vomit.  I'm sorry for the loss that led to this inheritance, but that's a great opportunity and there are a ton of options and none of them are wrong.  Best of luck!"}
{"_id": "140016", "title": "", "text": "My preferred method of doing this is to get a bank draft from the US in Euros and then pay it into the French bank (my countries are Canada and UK, but the principle is the same). The cost of the bank draft is about $8, so very little more than the ATM method. If you use bigger amounts it can be less overall cost. The disadvantage is that a bank draft takes a week or so to write and a few days to clear. So you would have to plan ahead. I would keep enough money in the French account for one visit, and top it up with a new bank draft every visit or two."}
{"_id": "140018", "title": "", "text": "If there's one activist you don't go to war with, it's Paul Singer. He mailed thousands of mini video players to retail investors of Arconic this spring to get them to swing the vote, putting in 4 new dissenting board members."}
{"_id": "140028", "title": "", "text": "As a LED Programmable Sign manufacturer, Mega Sign is able to customize the LED Programmable Signs to fit the customer's needs. Small or Big, Short or Tall, Mega Sign   can customize an LED sign to fit your space. It can provide you with complete solution of Outdoor LED signs, LED message board, Message signs; Billboard LED sign for   Commercial, Community Services and Price Boards."}
{"_id": "140038", "title": "", "text": "Yes, if their record keeping is faulty or failed. It is best to keep all records of repayment.  Incomplete records such as signing for a loan yet no repayment receipt can be at least a headache and at most expensive. The most important document is a record of 0 balance then there is nothing that the courts will allow creditors to collect if their records are faulty."}
{"_id": "140049", "title": "", "text": "A Credit Default Swap is a derivative, a financial contract with a value dependent upon another asset. A CDS, in essence, is exactly what it sounds like a swap upon default. The typical arrangement is that a holder of non-risk free credit enters into an arrangement with a counterparty to pay the counterparty a portion of the income received from the non-risk free credit in exchange for being able to force the counterparty to deliver risk free credit if the non-risk free credit defaults. Banks use this mechanism to reduce the risk of the loans they produce while packaging them to be resold to investors.  Banks will typically buy CDSes on mortgages and corporate bonds, paying part of the income from interest payments received, to have the right to force counterparties, typically hedge funds and insurance companies, to swap national Treasuries upon the event that the mortgages or corporates default.  The banks receive less income yet are able to take on more inventory to sell to investors so that more loans can be made to borrowers, households and corporations. Hedge funds typically take on more complex arrangements while insurance companies sell CDSes because they are usually overflowing with risk-free assets yet are starved for income."}
{"_id": "140055", "title": "", "text": "If you're getting the same total amount of money every year, then the main issue is psychological. I mean, you may find it easier to manage your money if you get it on one schedule rather than another. It's generally better to get money sooner rather than later. If you can deposit it into an account that pays interest or invest it between now and when you need it, then you'll come out ahead. But realistically, if we're talking about getting money a few days or a week or two sooner, that's not going to make much difference. If you get a paycheck just before the end of the year versus just after the end of the year, there will be tax implications. If the paycheck is delayed until January, then you don't have to pay taxes on it this year. Of course you'll have to pay the taxes next year, so that could be another case of sooner vs later. But it can also change your total taxes, because, in the US and I think many other countries, taxes are not a flat percentage, but the more you make, the higher the tax rate. So if you can move income to a year when you have less total income, that can lower your total taxes. But really, the main issue would be how it affects your budgeting. Others have discussed this so I won't repeat."}
{"_id": "140067", "title": "", "text": "Call me old fashioned, but that sounds less like a marriage and more like a business partnership. Maybe there are business tools that would be useful."}
{"_id": "140076", "title": "", "text": "I've always been a proponent that being laid off or fired is the best thing that can happen to an individual. It's very painful and scary in the short term, but the long term results in a much better life and level of happiness. I've seen it in friends, read it in articles, and experienced it personally. This hurts today - but they're going to attain a new level of happiness and reward."}
{"_id": "140077", "title": "", "text": "I was looking for a good VPN service to protect my digital stuff and came across this site. I was amazed at the amount of information packed into each of his posts. I found the VPN information I needed and more! I recommend this website to anyone looking for some tips on how to better manage their digital life."}
{"_id": "140078", "title": "", "text": "\"The simple answer is...get everything you can.  If you're closing the account then you want to have as complete a record as possible for yourself just for the sake of playing it safe.  There's no such thing as having \"\"too much information\"\" when it comes to your financial records. You can never tell when something will come up that requires information from years past that you thought you'd never need, and if you don't have it, then what? This is a matter of being prudent, and while it make take some effort to obtain the records, it's better to be safe than sorry. Good luck!\""}
{"_id": "140088", "title": "", "text": "There are some important thing you need to understand about bonds, and how they work:  * A bond doesn't need an active market - like a stock, for example - to have value.    * Nonetheless, there exist active markets for all of these bonds.    * The purpose of buying these bonds was not to step in due to the absence of a market.  Rather, the purpose was to deliberately bid up the price of these bonds (ahead of the market), causing their price to rise and yields (interest rates) to drop.  * The Fed can hold any and all of these bonds to maturity, while receiving contractual payments all the while, and never sell a single bond back to the market."}
{"_id": "140097", "title": "", "text": "To answer your question 2, I can't think of any advantage of using your SSN over an EIN, but there are some advantages to having an EIN as a sole proprietor. So depending on the answer to question 1, you may want to consider either keeping your existing EIN or getting a new one, even if you are allowed to use your SSN instead."}
{"_id": "140102", "title": "", "text": "Didn't read the article, did you?  &gt; The decision comes as car sales continue to fall in the U.S. and as uncertainty grows over the automotive industry in Mexico with negotiations set be begin later this year on restructuring the North American Free Trade Agreement."}
{"_id": "140116", "title": "", "text": "Unsolicited credit checks like that don't affect your credit score. Those checks only count if they result from you applying for credit somewhere. So No."}
{"_id": "140118", "title": "", "text": "The technical answer is defined by the laws of state you live in but most (all?) states with a sales tax have some form of use tax. Where if you buy something in another state for use in your home state you are technically liable for sales tax on it regardless of whether the merchant charged you tax on it or not. I don't think many people actually pay the use taxes, and enforcement generally seems rare."}
{"_id": "140126", "title": "", "text": "&gt; General Sales: Virginia - 4.3%; Fairfax County - 1%; plus an additional 0.7% state tax for transportation.   At most they'd have to charge the additional 1%, and I'm pretty sure taxes don't work that way.  Either you're wrong or your restaurants are defrauding you with fake taxes. Or your local government is failing to put the actual tax rates on their websites."}
{"_id": "140132", "title": "", "text": "They aren't complaining that it's better, and I haven't (yet) heard any comparisons of the two tools.  They're complaining that Google's product is similar.  No need to say things are better just because it's Google, I'm a Google fan myself, but deluded fanboy-ism doesn't look good on anyone."}
{"_id": "140135", "title": "", "text": "\"&gt;&gt;Have enough funds to run the business and pay yourself the first year, plus 30%  &gt;This is going to vary wildly depending on the particular business. So much so that a rule of thumb would be impossible to define.  Absolutely.  One of the things that varies \"\"widely\"\" is what amount constitutes the **\"\"pay yourself the first year\"\"** -- which will fall anywhere on a wide spectrum from the low end that is essentially below poverty level (someone young, used to living as we used\\* to say \"\"like a college student\"\" -- needing only enough to cover a minimal \"\"survival\"\") to someone who has ridiculously extravagant needs (married with a family, McMansion mortgage and multiple \"\"new\"\" status vehicles, etc) that they expect to maintain -- and then the additional 30% grows in proportion *on top* of that subjective base figure.  \\* I wrote \"\"used to say\"\" because we are talking about *back in the day* when \"\"living like a college student\"\" meant minimalist \"\"bare-bones\"\" needs, akin to a monastic/ascetic life: a shared small dorm/boarding house room with minimal furniture, NO partying, ZERO \"\"amenities\"\" (certainly no water parks with \"\"lazy rivers\"\", no \"\"food courts\"\", etc -- nothing like most US colleges and universities have today).\""}
{"_id": "140144", "title": "", "text": "For me, spending my spare time on my career offers better return on investment (time) than stock investing, so I don't have the time to try to craft strategies about stock confusion anyway. It just serves as further proof to me that trying to time the market on short time scales is doomed unless you can account for all the irrationality of human behavior."}
{"_id": "140163", "title": "", "text": "\"http://online.wsj.com/public/resources/documents/goldman0424.pdf \"\"At the heart of Goldman Sachs\u2018 sales and trading business is our role as a \u2015market maker.\u2016  As a  market maker, the firm stands ready, willing and able to buy and sell financial instruments at the  initiation of our clients.  Goldman Sachs\u2018 clients expect the firm to do so, regardless of whether  the other side of a transaction has been identified or is readily available. \"\"\""}
{"_id": "140170", "title": "", "text": "\"With Hooters the difference is your business is based around the concept of having large breasted woman as your waitresses.  Title 29, Chapter 14, Section 623 of the United States Code  allows companies and other employers to make particular qualifications a condition of employment, even ones that violate other sections of the anti-discrimination law, in situations: \"\"...bona fide occupational qualification reasonably necessary to the normal operation of the particular business...\"\"  In one case your buisness is saying \"\"we have large breasted woman selling bad food\"\" and the other one is just \"\"we sell light bulbs\"\"\""}
{"_id": "140189", "title": "", "text": "\"If I don't need this money for decades, meaning I can ride out periodical market crashes, why would I invest in bonds instead of funds that track broad stock market indexes? You wouldn't.  But you can never be 100% sure that you really won't need the money for decades.  Also, even if you don't need it for decades, you can never be 100% certain that the market will not be way down at the time, decades in the future, when you do need the money.  The amount of your portfolio you allocate to bonds (relative to stocks) can be seen as a measure of your desire to guard against that uncertainty. I don't think it's accurate to say that \"\"the general consensus is that your portfolio should at least be 25% in bonds\"\".  For a young investor with high risk tolerance, many would recommend less than that.  For instance, this page from T. Rowe Price suggests no more than 10% bonds for those in their 20s or 30s. Basically you would put money into bonds rather than stocks to reduce the volatility of your portfolio.  If you care only about maximizing return and don't care about volatility, then you don't have to invest in bonds.  But you probably actually do care about volatility, even if you don't think you do.  You might not care enough to put 25% in bonds, but you might care enough to put 10% in bonds.\""}
{"_id": "140193", "title": "", "text": "\"&gt; How does Equifax lose sales after a breech? Unless their data has been corrupted or falsified, it's still good to sell or charge for each credit pull.  That might be true (it might not be - I don't know how flexible demand is between the 3 bureau's).  But it isn't true for most breaches.  &gt;all three are above their pre-hack prices.  Sure.  But they lost a lot of money after the breaches  &gt;I don't think the penalty should be \"\"death\"\" but considering their total assets is $10B, I don't think any fair penalty would allow the organization to survive. If they were Apple with $820B market cap, then yeah, the $70B would be a harsh and fair, but survivable penalty.  To make it \"\"fair\"\" (if there is such a thing) you'd want it to be proportional.  So if it'd be 70B for Apple, it'd be about $850MM for Equifax.  That's how you'd want it done if you want it done by operation of law (as opposed to markets and courts).\""}
{"_id": "140194", "title": "", "text": "Part of this is the flipper economy that grew out of the last housing downturn. People try to buy a house they can afford that needs some work, but flippers come swooping in, buy it in cash, do some slipshod renovations, and suddenly the house becomes out of reach for a lot of people. Builders are just as bad. Instead of making sensibly sized affordable houses, they all build 20 room McMansions.  Upper-middle class people are buying a lot of these houses, and are putting themselves in deep financial straits doing so. They are mortgaged up to the eyeballs where all it takes is a medical issue, a  job loss, or some other hiccup in their finances to cause it all to come tumbling down.  If you have money (not just a good paycheck, actual free cash on hand) all of the above works for you. But even if you have a good paycheck, if you do not have significant cash reserves you really don't have any hope of competing in this market."}
{"_id": "140206", "title": "", "text": "When it comes down to it, long-term investments pay better than short-term ones.  If nothing else, there's less administration and less financial risk for the provider.  That's why 2, 3 or 5 year savings accounts pay better than instant access ones. Higher-risk investments pay more interest (or dividends) than low-risk ones.  They have to, or nobody would invest in them. So by locking yourself out of any long term and/or risky investments, you're stuck with a choice of low-interest short term ones. There are plenty of investment funds that you can sell at short notice if you want to.  But they are volatile, and if you cash out at the wrong time, you can get back less than you invested.  The way you lower risk is either to invest in a fund that covers a broad range of investments, or invest in several different funds."}
{"_id": "140213", "title": "", "text": "Well, reserve requirements concern, as the name suggests, the reserves, e.g. a position on the balance sheet. The price of equity only marginally impacts the balance sheet (via positions in their own stock), not nearly strong enough to be significant. The French banks mainly had trouble with liquidity (this year we witnessed another collapse of the interbank lending market just as in 2007. watch the Libor-O/N-spread.) and solvency through deterioration of the asset side of the balance sheet.   Naturally your ability to raise additional equity is influenced by the historic return of your stock, but sharp price drops in fact can help you to raise equity, simply because your ratios improved (P/E, P/B, in fact any ratio that includes the price part) and the stock became cheaper. See UBS/Singapore GIC and GS/Warren Buffet"}
{"_id": "140226", "title": "", "text": "\"The best answer here is \"\"maybe, but probably not\"\". A few quick reasons: Its not a bad idea to watch other investors especially those who can move markets but do your own research on an investment first. Your sole reason for investing should not be \"\"Warren did it\"\".\""}
{"_id": "140266", "title": "", "text": "\"I worked for a company a few years back that insisted all of us were \"\"non-supervised exempt technical workers,\"\" and they wanted 45 hours out of each person.  No matter to them that that was a 12.5% cut in hourly pay.  Unfortunately, they did no research and didn't bother to actually apply for any exemptions.  One of the analysts got sick of it, found another job, then turned over his timecards to the labor department.  Said company had to write him a check for $10k, as well as write smaller checks for every other person working there.\""}
{"_id": "140267", "title": "", "text": "\"Strangely enough, you have a wash sale, but, for the fact that you sold the shares and then more than 30 days passed, you can take the loss.  I mistakenly used the phrase \"\"and ended the year with no shared of the stock\"\" elsewhere, and was corrected, as one can sell at a loss up to 12/31, and have until the end of January to create a wash condition.  In your case, the facts in June combined with you ending the year with no shares removes any doubt, a wash sale, but one that's fully closed out.  Note - while Vicky's answer is correct, it should go on to say that once the stock is not owned for 30 days, the wash sale loss is permitted.\""}
{"_id": "140278", "title": "", "text": "\"Their \"\"worth\"\" is whatever someone is willing to pay to have them.  The mint presumably thinks that some people (collectors) are willing to pay at least 55$ CAD for them. Their value as currency is only 3$ CAD. Their value as precious metal/crystal is irrelevant, as its illegal to melt (without explicit permission) coins that are legal tended in Canada.\""}
{"_id": "140282", "title": "", "text": "Hedge what risk?  What is your risk exposure?  I don't seem to understand what is your risk factor (is it a basket of metals), if its a non market product you can do the following:  1. Calculate correlation matrix between your basket and potential candidates (mining, etf's etc)  2. Sell the strongest correlation, however be careful as you are not only selling the rare earth prices but also the extraction margin and market risk.  3. Ideally you would find a futures contract or create some way to isolate the rare earths while cancelling out the margins (will be tough!)."}
{"_id": "140285", "title": "", "text": "Het beste kunt u oven gedroogd haardhout gebruiken voor uw kachel. Ovengedroogd brandhout heeft namelijk standaard een erg laag vochtigheidspercentage, waardoor het gegarandeerd goed en lang brand. Daarnaast geeft het dus minder vuil en rook af,waardoor uw schoorsteen langer mee gaat. Wat verder ook wel zo fijn is, is dat eventueel ongedierte en schimmels in het hout het drogen in de oven uiteraard niet overleefd. Dit is natuurlijk vooral van belang bij houtetende insecten."}
{"_id": "140290", "title": "", "text": "\"CALL prevents a cold call email, to be sure.  But if I'm looking for that email just to get the contact associated with it, so that I have someone to solicit by name when I actually call, then that's perfectly fine. Get an email any of these ways (I used 2 for a good three years at my last job) send a personalized email (which will always be completely legal, email is just like regular mail) at off hours or weekends so you get the automated response saying \"\"John Davis will be out of the office til Monday,  to speak with another representative of Hanson Co's marketing department please contact Sam Smith\"\"  and your golden.  Source: worked for a charity for three years\""}
{"_id": "140307", "title": "", "text": "most of the people who lurk in money.se will probably tell you to spend as little as possible on a car, but that is a really personal decision. since you live with your parents, you can probably afford to waste a lot of money on a car. on the other hand, you already have a large income so you don't really have the normal graduate excuses for deferring student loans and retirement savings. for the sake of other people in a less comfortable position, here is a more general algorithm for making the decision:"}
{"_id": "140309", "title": "", "text": "Please expanded on your reasoning and which side you are defending (pro-DACA or anti-DACA). Allowing it to remain is a slight to legal immigrants and should have gone through Congress in the first place. That being said, to remove those here presently is far to costly of an idea to entertain, both monetarily and politically. Therefore a middle road is the route that must be taken... and that requires active, and most importantly constructive, discussion. My first comment is purposely broad for this reason. Please detail a better solution that works for all parties."}
{"_id": "140330", "title": "", "text": "Adding to the excellent answers already given, we typically advise members to contribute as much as needed to get a full employer match in their 401K, but not more.  We then redirect any additional savings to a traditional IRA or ROTH IRA (depending on their age, income, and future plans).  Only once they've exhausted the $5000 maximum in their IRA will we look at putting more money into the 401K. The ROTH IRA is a beautiful and powerful vehicle for savings.  The only reason to consider taking money out of the ROTH is in a case of serious catastrophe."}
{"_id": "140349", "title": "", "text": "Are you obligated to do what they ask? Probably not, with one big caveat discussed below. Your employer sent your money and their money after every paycheck to the 401K management company. Then after a while the 401K management company followed your instructions to roll it over into an IRA. Now the IRA management company has it. Pulling it out of the IRA would be very hard, and the IRA company would be required to report it to the IRS as a withdraw. Here is the caveat. If the extra funds you put in allowed you to exceed the annual contribution amount set by the law, or if it allowed you to put more than 100% of your income into the fund, then this would be an excess contribution, and you and your employer would have to resolve or face the excess contribution penalties. Though if the 401K company and HR allowed you to exceed the annual limit they have a much more complex problem with their payroll system. The bigger concern is why they want you to pull out your $27.50 and their $27.50. Unless you were hitting the maximum limit, your $27.50 could have been invested by adjusting the percentage taken out of each check.  You could have picked a percentage to reach a goal. That money is yours because you contributed it and unless you exceed the IRS set limits it is still pre-tax retirement money. The return of matching funds may be harder to calculate. The returns for 2013 were very good. Each $1.06 of matching funds each paycheck purchased a fraction of some investment. That investment went up and down, ok mostly up, if it was invested in the broad market. I guess you should be glad they aren't asking for more due to the increase in value.  It would be very hard to calculate what happened if you have moved it around since then. Which of course you did when you moved it into an IRA. If the average employee was also given a $55 gift last year, then the suggestion to the employer is that the tax complexity you and your fellow employees face would exceed the cost of the extra funds. They should chalk it up to an expensive lesson and move on."}
{"_id": "140371", "title": "", "text": "To expand on the comment made by @NateEldredge, you're looking to take a short position.  A short position essentially functions as follows:  Here's the rub: you have unlimited loss potential.  Maybe you borrow a share and sell it at $10.  Maybe in a month you still haven't closed the position and now the share is trading at $1,000.  The share lender comes calling for their share and you have to close the position at $1,000 for a loss of $990.  Now what if it was $1,000,000 per share, etc. To avoid this unlimited loss risk, you can instead buy a put option contract.  In this situation you buy a contract that will expire at some point in the future for the right to sell a share of stock for $x.  You get to put that share on to someone else. If the underlying stock price were to instead rise above the put's exercise price, the put will expire worthless \u2014 but your loss is limited to the premium paid to acquire the put option contract. There are all sorts of advanced options trades sometimes including taking a short or long position in a security.  It's generally not advisable to undertake these sorts of trades until you're very comfortable with the mechanics of the contracts.  It's definitely not advisable to take an unhedged short position, either by borrowing someone else's share(s) to sell or selling an option (when you sell the option you take the risk), because of the unlimited loss potential described above."}
{"_id": "140383", "title": "", "text": "Another way to do this is go to work for that company.  Companies in this situation normally offer low pay, long hours, and stock options.  Given a sufficient grant, it could be all very lucrative or worthless.   Even if you have no electronics background you might be able to work in a different capacity.  There were secretaries at various companies that became wealthy off of their stock options."}
{"_id": "140428", "title": "", "text": "You might need to check yes... but I would check out New York's nonresident income tax requirements... My guess is yes if you meet the requirements, but I am not an expert nor do I work in the accounting or legal field. Check out New York's nonresident tax page explaination"}
{"_id": "140434", "title": "", "text": "I think we are mixing this up. If you invest using loan, and are paying the loan out of your pocket and leaving the loan in investment, then there is no way you are making more money. Had you directly invested the same money in market instead of EMI, you would end up gaining more. Take a Loan of 100000, Year Int say 5.00%. Total Interest Paid in 2 Yrs comes out to 5291   The Rate of Interest your investments need to make is 2.58%. Sounds to good to be true. But yes when you look at it other way round, this is right.  Now if you can indeed make 2.58% from your investments, check what happens if you were to invest the EMI directly and don't take the loan.  You make 7937"}
{"_id": "140446", "title": "", "text": "The thing is, capitalism doesn't care about national interests.  It just cares about making money.  This is why you can't run government like you run a business.  In business, outsourcing, firing people and making those who stay do more work, etc is all good business."}
{"_id": "140481", "title": "", "text": "Fully paid up Shares issued in which no more money is required to be paid to the company by shareholders on the value of the shares. When a company issues shares upon incorporation or through an issuance, either initial or secondary, shareholders are required to pay a set amount for those shares. Once the company has received the full amount from shareholders, the shares become fully paid shares.  authorised share capital The number of stock units that a publicly traded company can issue as stated in its articles of incorporation, or as agreed upon by shareholder vote. Authorized share capital is often not fully used by management in order to leave room for future issuance of additional stock in case the company needs to raise capital quickly. Another reason to keep shares in the company treasury is to retain a controlling interest in the company. If so, why not just give the existing shareholders the $500 million, (and do a stock split if desired)? Stock splits, bonus issues doesn't generate any capital for the firm, which it required."}
{"_id": "140484", "title": "", "text": "The cat mat Superstore is glad to give the absolute best online cat mat in an enormous cluster of colors and styles in both standard and hefty size cat mat. The cat mat Superstore has been a main online retailer in giving one of the most perfectly awesome choice of hefty size online cat mat in a magnificent choice of styles and hues. our gathering of hefty size cat mat is one of the absolute best and we ensure low valued cat mat with the absolute best in benefit."}
{"_id": "140494", "title": "", "text": "Mods of /r/finance how many times are we going to see this advertisement? /u/sciencegames [won't even explain the program](https://www.reddit.com/r/finance/comments/6rhha4/upenn_research_finance_challenge_earn_up_to_20/dl7mn55/). This is just an ad for some grad student's project. This is the third time i've seen this thread reposted in two months. What's it going to be, 2 more times? 5 more times? Do you have some limit in mind?"}
{"_id": "140500", "title": "", "text": "Credit card companies organize types of businesses into different categories. (They charge different types of businesses different fees.) When a business first sets up their credit card processing merchant account, they need to specify the category.  Here is a list of categories that Visa uses. Grocery stores and supermarkets are category number 5411. Other types of businesses, such as the examples you provided in your question, have a different category number. American Express simply looks at the merchant category code for each of your transactions and only gives you rewards for the ones in the grocery store category. It's all automated. They likely don't have a list of every grocery store in the US, and even if they did, they would probably not provide it to the public, for proprietary reasons. If you are in doubt about whether or not a particular store is in the grocery category, you'll just have to charge it to your card and see what happens. Often, the category of transaction will be shown for each transaction on your credit card's website."}
{"_id": "140515", "title": "", "text": "Thank you for letting me know because I didn't realize that it's been covered in this sub before.  Not everyone is a seasoned veteran of the sub so I had no idea.  I'm not sure what's wrong with posting a non-paywall link for those who don't have access to WSJ. I wasn't trying to shit on anyone or make some kind of statement or anything.  I was just offering up what I found because I think WSJ is a total ripoff and I refuse to pay for their site.  No big deal.  Anyway, sorry my post from 8 days ago annoyed you."}
{"_id": "140533", "title": "", "text": "For a variable annuity, you need to know the underlying investments and how your returns are credited to your account. For a fixed annuity, the issuer is responsible for the commitment to provide the promised rate to you. In a sense, how they invest isn't really your concern. You should be concerned about the overall health of the company, but in general, insurance companies tend to know their business when they stick to their strengths: writing insurance on groups and producing annuity contracts.  I don't care for VAs or the fixed annuities you asked about, but I don't believe they resemble a ponzi scheme, either."}
{"_id": "140540", "title": "", "text": "I worked for US Treasury in Computer Security. There are plenty of systems that try and spot fraudulent behavior, but it doesn't matter much.   So many of the regulations either have no teeth, or are designed to have legal loopholes to let them get away with it without breaking any laws, technically. They have vastly more resources than we did, and experts that knew how to weasel JUUUST enough to not be breaking the law, and still achieve their intended consequences. And most Senators get money from these guys to render the Treasury toothless.  And, we aren't aloud to talk about it, at all, unless they are found guilty. You can have Millions devoted to hiring people that make sure you get away with it legally, and it's still a drop in the bucket for them."}
{"_id": "140543", "title": "", "text": "&gt;I'm going to disagree with vodkaspeed on getting a BB suit tho.   Doesn't BB also sell like 300 dollar suits?   First time I've heard of AE (allen edmonds based on your last response?) but there's a location near here so i'll check it out. Does any kind of black shoe work?"}
{"_id": "140562", "title": "", "text": "\"There are obviously lots of complexities here, and there are rules against price or market manipulation that are somewhat interpretive due to the rules' inclusion of the manipulator's intent, but: Generally speaking, you can publicly promote the value of a company whose stock you own provided that you: Now, if you extol the value of a company publicly, and sell it immediately thereafter, \"\"pump and dump,\"\" the regulators might suggest that your actions imply that you didn't believe it was so wonderful, and were misleading the public to move the price.     That said, a fair retort might be that you loved it for all the reasons you said at [lower price], but thought it had run its course once it got to [higher price].   Again, if it can be demonstrated that your reason for praising it was to push the price higher, your intent may land you in hot water. This isn't legal advice or a full analysis, but if Fitty essentially declared his honest reasons for loving a stock in which he is invested, and discloses that investment, letting others know he is biased, he's probably ok, especially if he intends to hold it long term.\""}
{"_id": "140567", "title": "", "text": "Insurance in India is offered by Private companies as well [ICICI, Maxbupa, SBI, Max and tons of other companies].   These are priavte companies, as Insurance sectors one has to look for long term stability, not everyone can just open an Insurance company, there are certain capital requirements. Initially the shareholding pattern was that Indian company should have a majority shareholding, any foreign company can have only 26% share's. This limit has now been extended to 49%, so while the control of the private insurance company will still be with Indian's the foreign companies can invest upto 49%. It's a economic policy decission and the outcome whether positive or negative will be known after 10 years of implemenation :) Pro's: - Brings more funds into the Insurance segment, there by bringing strength to the company - Better global practise on risk & data modelling may reduce premium for most - Innovation in product offering - More Foreign Exchange for country that is badly needed.   Con's: - The Global companies may hike premium to make more profits. - They may come up with complex products that common man will not understand and will lead to loss - They may take back money anytime as they are here for profit and not for cause.   Pension today is offered only by Government Companies. There is a move to allow private companies to offer pension. Today life insurance companies can launch Pension schemes, however on maturity the annuity amount needs to be invested into LIC to get an annuity [monthly pension]."}
{"_id": "140568", "title": "", "text": "I'd not do business under these terms. A bill of sale needs a signature, right? Your signature is your word, and your word is your bond. I wouldn't participate in such a fraud, nor would I accept this sum of cash, who knows its origins?"}
{"_id": "140571", "title": "", "text": "\"The IRS gets notified when you: (Note this is not a comprehensive list) As littadv mentioned, banks are required to send a CTR for any transactions over $10,000. They also are obligated to file a SAR (Suspicious Activity Report) for transactions deemed \"\"suspicious\"\" by bank policy. These filings are primarily for law enforcement purposes. The IRS may or may not have access to this information. The IRS isn't all-seeing or all-knowing. But -- In the event of an audit, checks do provide a paper trail documenting the origins of your deposits. So if you fail to report income from an \"\"off the books\"\" job, or do not fully report self-employment income, deposit records could be used against you. You are particularly vulnerable to this if you are in a profession where \"\"off the books\"\" transactions are routine -- plumbers, auto repair, vending machines, etc. At the end of the day, give Caesar his due, and you'll have alot less to worry about.\""}
{"_id": "140572", "title": "", "text": "The best strategy? Skip the loan. Find a way to invest for a low starting amount via a retirement account (such as a 401K or IRA in the United States) or non-retirement account. Use this money to buy individual stocks or funds. Every month put money from your regular income into this investment account. Then buy more stocks or sell if the conditions change based on what the market is doing, not to meet a loan payment. This helps you because if the price fluctuates you will buy more shares if the price is down; and you will buy fewer shares when the price is up. It also allows you to skip worrying about how to repay the loan. It also means that you not have to pull more money out of savings to make the final loan payments if it doesn't make as much money as you plan. Regarding your math. This is a better understanding of the money flow than the earlier question."}
{"_id": "140574", "title": "", "text": "&gt;if the underlying economy hasn't been sufficiently capitalized, that will present juicy returns to investors.  That is not true in an era of excessive regulation at the Federal, State and local levels. Its also not true when the machinations of government have kept interest rates artificially low for thirty years, thereby causing a massive increase in household debt. Now we have a recession caused by the explosion of some of that debt. People are wary of going into more debt and they do not have the income to spend right now. In that circumstance, capital investment in productive ventures is riskier than normal. Recovery of investment is less certain and will certainly take longer.   Add to that the increasing debt of the US government. The debt can only grow so much before there is a shift in the economy and capital markets due to high inflation, capital controls or other direct government intervention in the economy. Since there is exactly ZERO possibility of addressing the US debt with the current batch of criminals in the Capitol and the White House, investors are very nervous. They need to be able to earn considerable profits to outweigh what they see as great risks.   If, on top of all that uncertainty you tell investors that if they manage to hit a home run and become profitable, that the government is going to take a bigger bite out of their profits..... well, many of them are going to say, Why bother? I can live on my savings."}
{"_id": "140579", "title": "", "text": "Yes!  One of his best and definitely his most prescient work.  What Vonnegut describes is happening right now -- look at Facebook, roughly a ~100 billion dollar company with and about ~3500 employees.  This is definitely the trend, generating a lot of value with few employees.    What do we do about those left behind?  I'm not sure, and Vonnegut definitely didn't give us the answer.  I keep hoping that there's a few savvy entrprenuers out there who are going to figure out how to add new value by finding ways to gainfully employ the chronically unemployed."}
{"_id": "140595", "title": "", "text": "We corporate with customer and  provide them full security. The West Palm Beach Escape Rooms are very plenty places of accommodations to choose from whether it's for business or pleasure. The  West Palm Beach Escape Rooms are known for its afternoon showers and tropical monsoon climate, we have special things to do west palm beach. It is energizing  diversions to thoughts boggling puzzle labyrinths or forager chases. It is the  best way to spend the weekend together, our  escape room team provides full security."}
{"_id": "140602", "title": "", "text": "&gt; ...isn't this kinda good for development of new drugs?  Yes, since they make it harder to get competing products on the market, patents and FDA approval incentivize the creation of new drugs as they discourage competition.  That said, I think the idea that we need to incentivize drug R&amp;D is myth used as justification by the industry for high drug prices. Invention is a wave of small evolutionary improvements meaning that [discovery is rarely from epiphany but the next logical step after all the prerequisite technologies are in place](https://en.wikipedia.org/wiki/Multiple_discovery). A company's supercharged R&amp;D mainly gets them to the patent office a couple of months or years before their competition but it doesn't find drugs that were never going to be found otherwise.  For example, [dozens of groups were working on flight when the Wright Brothers succeeded](http://www.airspacemag.com/history-of-flight/who-flew-first-290750/) and if Orville and Wilber had failed, someone else would have succeeded shortly thereafter."}
{"_id": "140610", "title": "", "text": "As well as paying 8% interest on your loan (i.e. $800/year), you're also wasting money on the car: depreciation, insurance etc. So it's worth a lot to you to get out of it. Set against that is the risk of having to borrow the $3000 you'll be taking from your emergency fund at a higher interest rate (say 30%?) for at most 6 months, which would only cost you $300-$400 even if it happens. You'll also be giving up a small amount of interest on the $3000, but at current interest rates that pretty much negligible. There is a small chance that an emergency would also cause the available credit on your credit cards to disappear, but in the short term that should be pretty unlikely. So I think the balance is overwhelmingly in favour of getting out of the loan as soon as you can."}
{"_id": "140626", "title": "", "text": "Read your post again and look at your own reflection.  So much hatred, disdain, disgust for your fellow humans, who are just trying to get by and support their families.  Do you really believe that people have no intrinsic value save for their ability to unquestioningly labor for the profits of others?  You've built a wall between yourself and the rest of us, I hope for your sake and our sake that you find the courage to tear it down."}
{"_id": "140629", "title": "", "text": "I think you're missing the fact that the trader bought the $40 call but wrote the $45 call -- i.e. someone else bought the $45 call from him.  That's why you have to subtract 600-100.  At expiration, the following happens: So $600 + -$100 = $500 total profit. Note: In reality he would probably use the shares he gets from the first call to satisfy the shares he owes on the second call, so the math is even simpler:"}
{"_id": "140633", "title": "", "text": "\"The only problem with taxing \"\"unproductive land\"\" is that it causes people to try to make land which shouldn't be productive into something productive.  Wilderness areas not owned by the gov't get wiped out, water is wasted trying to make crops grow in poor soil, land gets overgrazed by cattle, etc.  So not all solutions are that simple.\""}
{"_id": "140640", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.scmp.com/tech/enterprises/article/2113581/chinas-chance-lead-global-innovation-may-lie-5g-mobile-technology) reduced by 86%. (I'm a bot) ***** &gt; China is on the cusp of recasting itself as a leading technology innovator from a mere follower in the telecommunications industry, as efforts to develop a global 5G mobile standard near the final stage.  &gt; &amp;quot;While China has the world&amp;#039;s largest mobile market by subscriber and network size, other countries have dominated mobile technology innovation,&amp;quot; said Jefferies equity analyst Edison Lee.  &gt; The international authorities overseeing the creation of a unified standard for 5G mobile technologies are expected to release its initial phase next year and the final phase in 2019, paving the way for a broad roll-out of 5G services by mobile network operators from 2020.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73qa1f/5g_may_be_chinas_chance_to_lead_global_tech/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220391 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **China**^#1 **technology**^#2 **mobile**^#3 **standard**^#4 **network**^#5\""}
{"_id": "140643", "title": "", "text": "\"No. I glanced through the article you linked to.  It's quite lengthy, but not compelling. I'd not lose any sleep over this.  Others with far better credentials are making the opposite claim, that life is good and the Dow on its way to 20,000.   Back to this guy - StansberryResearch.com Reviews \u2013 Legit or Scam? offers a look at this company. Stansberry calls his company \"\"one of the largest and most recognized investment research companies in the world\"\" but references to his firm call it a clearinghouse for other authors newsletters.  Why would you give any more credence to his ranting than any other extreme prognostications?  I suppose if I told you I never heard of him it would be pretty meaningless. I certainly haven't heard of every financial writer. But if he's one of the most recognized, you'd think I might have. Note, I've edited since seeing I was downvoted. But to the question author, you might want to summarize your questions in the future instead of linking to a video or  13,000 word rant. (when you click to shut the video, the text is available.)\""}
{"_id": "140653", "title": "", "text": "There are certain situations where you could legally pay yourself rent, but it'd be in the context of multiple business entities interacting, never in the context of an individual renting their own property.  Even if you could, any rent paid to yourself would count as rental income, so there'd be no benefit. Edit: I was hunting for examples where it might be acceptable, and didn't, but I found a good explanation as to why it is not acceptable from Brandon Hall on a BiggerPockets post: To get technical, you will be going up against the Economic Substance   Doctrine which states that a transaction has economic substance if:   (1) the transaction changes in a meaningful way (apart from Federal   income tax effects) the taxpayer\u2019s economic position; and (2) the   taxpayer has a substantial purpose (apart from Federal income tax   effects) for entering into such transaction. By transferring your primary residence into a LLC, you would not be   changing your economic position. Further, you do not have a   substantial purpose for entering into such transaction other than to   simply avoid paying federal income taxes. So it might make sense if multiple people owned the LLC that owned the property you wanted to rent, and there are instances where company X owns holding company Y that owns an office building that company X rents space in. But if you're the sole player in the LLC's then it sounds like a no-go."}
{"_id": "140657", "title": "", "text": "I use MoneyStrands (formerly called Expensr), but mostly just to track expenses and look at reports on my spending habits. It has some really pretty charts, with the ability to drill down into categories and sub-categories, or graph monthly spending for any custom date range. It does a half-decent job of auto-categorizing the imported bank transactions, and you can set up additional rules for common vendors, but I still have to do some manual work after each import. It does a good job of integrating my credit cards, bank accounts, and I can even manually add cash transactions. It has some basic budgeting capabilities, but they're not very useful for someone who needs to carefully budget thier monthly spending. Another one I've heard about is mint.com, but it only supports American banks (last I heard, anyway)."}
{"_id": "140666", "title": "", "text": "\"Can someone comment on the quality of zerohedge.com?   When i saw that the front page articles were created by a user \"\"Tyler durden\"\" with the fight club avatar, and one of the articles being \"\"top 10 things that America predicted\"\" it really makes me question the legitimacy of the website as a serious source. Hope someone can share thier opinion!\""}
{"_id": "140672", "title": "", "text": "So what exactly is the difference between an ITT mill and a shitty public school? Because I am not really seeing one. How does one prove that a school is a mill? And why are only private colleges considered? I know of several public schools that may as well be called diploma mills."}
{"_id": "140713", "title": "", "text": "that's part of it, but the cost of shipping, logistics, handling, and maintaining QC while shipping large parts ocean freight also makes the cost not add up (along with the tariffs, but it is a very small portion of the cost).   source:  work in exactly this field of oem auto parts supplier w/ plants overseas as well as in US for ~14 years."}
{"_id": "140714", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans North Hills CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Get Auto Car Title Loans North Hills CA 14809 Needles St, North Hills, CA 91343 747-234-2440 atlnorthhill@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-north-hills-ca/"}
{"_id": "140730", "title": "", "text": "&gt;No.  And for those of us that have lost someone close to them (or several people) to cancer this sort of sensationalism is a great way to knock a source down even further in our eyes.  Not that the daily beast was what I considered a reputable source before."}
{"_id": "140733", "title": "", "text": "So apparently there is a second chart beneath the one I looked at last night with different numbers. In the first one, the top school scored about a 550 and the US about 500 on subjects across the board. I just did a percent change based on that to get 10%.   But there is another great statistic I\u2019d love to look up, where when you control the US for the geographic location, many parts of our country actually deliver among the best in the world (something like number 4)."}
{"_id": "140736", "title": "", "text": "Quick Dry Cleaning Software is a laundry tracking software that provides you with highly customizable and detailed barcode tags which enable garment tracking and make identification of garments and process easier for your employees. The garment tracking process starts right from the moment the customer drops garments at your store and goes on till the moment the order is processed and delivered back to the customer. The software\u2019s simple yet elaborate mechanism helps keep a record of the clothes at every step of the process."}
{"_id": "140738", "title": "", "text": "\"At 50 years old, and a dozen years or so from retirement, I am close to 100% in equities in my retirement accounts.  Most financial planners would say this is way too risky, which sort of addresses your question.  I seek high return rather than protection of principal.  If I was you at 22, I would mainly look at high returns rather than protection of principal. The short answer is, that even if your investments drop by half, you have plenty of time to recover.  But onto the long answer. You sort of have to imagine yourself close to retirement age, and what that would look like.  If you are contributing at 22, I would say that it is likely that you end up with 3 million (in today's dollars).  Will you have low or high monthly  expenses?  Will you have other sources of income such as rental properties?   Let's say you rental income that comes close to covering your monthly expenses, but is short about 12K per year.  You have a couple of options: So in the end let's say you are ready to retire with about 60K in cash above your emergency fund.  You have the ability to live off that cash for 5 years.  You can replenish that fund from equity investments at opportune times.  Its also likely you equity investments will grow a lot more than your expenses and any emergencies.  There really is no need to have a significant amount out of equities.  In the case cited, real estate serves as your cash investment. Now one can fret and say \"\"how will I know I have all of that when I am ready to retire\"\"?  The answer is simple: structure your life now so it looks that way in the future.  You are off to a good start.  Right now your job is to build your investments in your 401K (which you are doing) and get good at budgeting.  The rest will follow.  After that your next step is to buy your first home. Good work on looking to plan for your future.\""}
{"_id": "140746", "title": "", "text": "1) Your IRA contribution amount is based on your yearly income, and if you exceed the cutoff (http://www.irs.gov/retirement/participant/article/0,,id=202518,00.html) for the year, then you are not eligible to contribute at any point during the year. 2) No - the AGI limits just apply to new contributions. You can still have an IRA, you just can't add to it. If your income drops, then you will be eligible again. 3) If you have high-deductible insurance, then I think that an HSA is the best place for your money. It works like an IRA, as you can withdraw money when you retire, but you can also use the money now for health expenses. There aren't really many other options. Tax benefits aren't generally offered to people making as much as you will be."}
{"_id": "140757", "title": "", "text": "I think that he means that gold is debt the same way that money is debt, because gold for the longest time literally was money.  Yes it is also a commodity, but it and silver were the only commodity universally accepted in exchange for promissory notes. There was no apple reserve, shoe reserve or deer reserve as in OP's explanation, that the town priest held on to in which to make those notes credible for tender around town.  So basically everyone decided that instead of trading a bushel for apples for some deer meat, they decided they would trade the apples for gold, then they would trade that gold for the deer meat. They used the gold because they knew it was a real, tangible thing that was safely tucked away. No bad deer season or bad harvest would affect the actual gold itself, which is why it was used as the middleman in the transaction."}
{"_id": "140769", "title": "", "text": "Instead of a price chart can use a performance chart, which is usually expressed as a percentage increase from the original purchase price.  To factor in the dividends, you can either add in all of your dividends to the final price, or subtract the accumulated dividends from your cost basis (the initial price)."}
{"_id": "140775", "title": "", "text": "\"First and foremost, being \"\"cool\"\" stops being a thing you have to worry about once you graduate from secondary school. Nobody's really going to care what car you drive; the ones that do care aren't worth maintaining personal friendships or relationships with. The notable exception would be a sales job, requiring you to look successful to be successful, and in that case you'll need to either have a nice-looking car or buy one very quickly. Also, consider what you're buying. An E46 (which for the U.S. crowd was the previous generation of 3-series coupes and sedans) will be, at best, a 6-year-old car, and they made these as long ago as '98 which would make it 15 years old. The standard in the U.S. is to put about 10k miles (which would be about 17k km) per year on it, so you would expect even the newest E46s to have at least 100 000 km on them. At this point, even the best cars start needing increasing amounts of maintenance, and on a BMW that maintenance doesn't come cheap.  Consider why a BMW would be sold. It sounds cliche, but in the U.S. at least there are three \"\"tiers\"\" of used car in the luxury class; there are the one- and two-year-olds, used by the dealer as a loaner or owned by the type of guy who buys a new car every year; they're practically new, for 30-50% off sticker, and a great deal when you find them. There are the 15-year-old (or older) cars which were used up and traded in; the majority of these end up auctioned off and cannibalized for parts with the remaining hulk sold for salvage. Then there are the in-betweens; between three and ten years old, you get a wide variety. This car could have been garaged all its life and driven to and from work and around town before its owner got a raise and decided to splurge, or its previous owner could have driven the wheels off all over the continent for work or travel. It could have a major problem that developed or was discovered after the warranty expired (and there isn't an E46 on the road that's still under warranty) which caused the owner to sell. Overall, I would wait until you have your first real job to spend real money on a car like this; the one that will actually pay the bills with enough left over for fun. When you're making 35k a year with only your own personal expenses, as long as you manage your debt well and don't get in trouble with credit, you should have no trouble buying a car like this (or even a newer one). If you are going to buy used even then, I recommend you do your homework on required maintenance for the brand and in general, what each milestone will cost you, and (based on mileage) how soon, and I would find a reputable used car dealer (which is stereotypically a contradiction in terms, but there are guys out there who aren't out to completely screw you over).\""}
{"_id": "140795", "title": "", "text": "\"&gt;I was rooting for the cancer. If you can't figure out by 30 that basic decency not only is intrinsically good, but is also in your own self interest you don't deserve the basic respect of others.  Your post is so hilariously ironic. Are you under 30? Because you obviously must have not figured out that basic decency is intrinsically good, or else you wouldn't be 'rooting for the cancer.' So much for being a non-shitty human.  &gt;Shitty humans do more damage to the planet on a day to day basis than any \"\"genius\"\" does good.  Where does this claim even come from?  &gt;This stupid prick took an existing technology, dumbed it down to attract the stupid, and prettied it up to attract the narcissistic.  Jobs was an asshole, but he was also an amazing individual in a lot of other respectable ways. I used to dislike him because he came off extremely arrogant in interviews, but after watching several documentaries, I came to respect him a lot.  It's so easy to sit back in your arm chair and call him a stupid prick who \"\"only\"\" took existing technology and prettied it up to attract the narcissist idiots, but at the end of the day, Apple would not be what it is today without Jobs' relentless drive for success. Whatever he did, he was very good at it. To write him off as if he just got lucky by putting 2+2 together is just idiotic.\""}
{"_id": "140804", "title": "", "text": "\"In general, moving averages never seemed that much better for drawing trends, just removing volatility. However, in this case, they do seem more relevant because the moving averages seem to at least remove the noise of many of the other \"\"revisions.\"\"  Comparing the intial numbers to the previous weeks' revised figures is hardly an apples-to-apples comparison, because there is more data available on the previous weeks' figures.\""}
{"_id": "140809", "title": "", "text": "\"First of all, this does not sound like a debit situation. Every debit has to be authorized by the entry of a pin code. So, the hotel could not have arbitrarily created a new debit charge. Usually, hotel charges are credit charges. Once they have your credit card number, they can charge anything they want to the credit card. If it is an accidental double charge, you can call the hotel and ask them to refund $100 or whatever the mistake was plus your overdraft fee. In all probability they will refund any double charge, but not agree to refund the fee. You can also contest the charge and do a \"\"chargeback\"\" of the amount which was double charged. You will probably not be able to collect the overdraft fee that you got from the hotel unless you sue them in small claims court, or you luck out and the hotel agrees to refund the fee as well.\""}
{"_id": "140819", "title": "", "text": "The problem as I see it is that multinationals are able to gain an unfair advantage over local, regional and national businesses simply by setting up subsidiaries in foreign tax havens.  This is obviously the fault of the government and not the multinationals themselves, but I really don't think it's right that a Starbucks can use loopholes, that only multinationals have access to, in order to avoid paying taxes, while the small business down the street has to pay taxes on all taxable income."}
{"_id": "140830", "title": "", "text": "\"Depositum irregulare is a Latin phrase that simply means \"\"irregular deposit.\"\" It's a concept from ancient Roman contract law that has a very narrow scope and doesn't actually apply to your example. There are two distinct parts to this concept, one dealing with the notion of a deposit and the other with the notion of irregularity. I'll address them both in turn since they're both relevant to the tax issue. I also think that this is an example of the XY problem, since your proposed solution (\"\"give my money to a friend for safekeeping\"\") isn't the right solution to your actual problem (\"\"how can I keep my money safe\"\"). The currency issue is a complication, but it doesn't change the fact that what you're proposing probably isn't a good solution. The key word in my definition of depositum irregulare is \"\"contract\"\". You don't mention a legally binding contract between you and your friend; an oral contract doesn't qualify because in the event of a breach, it's difficult to enforce the agreement. Legally, there isn't any proof of an oral agreement, and emotionally, taking your friend to court might cost you your friendship. I'm not a lawyer, but I would guess that the absence of a contract implies that even though in the eyes of you and your friend, you're giving him the money for \"\"safekeeping,\"\" in the eyes of the law, you're simply giving it to him. In the US, you would owe gift taxes on these funds if they're higher than a certain amount. In other words, this isn't really a deposit. It's not like a security deposit, in which the money may be held as collateral in exchange for a service, e.g. not trashing your apartment, or a financial deposit, where the money is held in a regulated financial institution like a bank. This isn't a solution to the problem of keeping your money safe because the lack of a contract means you incur additional risk in the form of legal risk that isn't present in the context of actual deposits. Also, if you don't have an account in the right currency, but your friend does, how are you planning for him to store the money anyway? If you convert your money into his currency, you take on exchange rate risk (unless you hedge, which is another complication). If you don't convert it and simply leave it in his safe, house, car boot, etc. you're still taking on risk because the funds aren't insured in the event of loss.  Furthermore, the money isn't necessarily \"\"safe\"\" with your friend even if you ignore all the risks above. Without a written contract, you have little recourse if a) your friend decides to spend the money and not return it, b) your friend runs into financial trouble and creditors make claim to his assets, or c) you get into financial trouble and creditors make claims to your assets. The idea of giving money to another individual for safekeeping during bankruptcy has been tested in US courts and ruled invalid. If you do decide to go ahead with a contract and you do want your money back from your friend eventually, you're in essence loaning him money, and this is a different situation with its own complications. Look at this question and this question before loaning money to a friend. Although this does apply to your situation, it's mostly irrelevant because the \"\"irregular\"\" part of the concept of \"\"irregular deposit\"\" is a standard feature of currencies and other legal tender. It's part of the fungibility of modern currencies and doesn't have anything to do with taxes if you're only giving your friend physical currency. If you're giving him property, other assets, etc. for \"\"safekeeping\"\" it's a different issue entirely, but it's still probably going to be considered a gift or a loan. You're basically correct about what depositum irregulare means, but I think you're overestimating its reach in modern law. In Roman times, it simply refers to a contract in which two parties made an agreement for the depositor to deposit money or goods with the depositee and \"\"withdraw\"\" equivalent money or goods sometime in the future. Although this is a feature of the modern deposit banking system, it's one small part alongside contract law, deposit insurance, etc. These other parts add complexity, but they also add security and risk mitigation. Your arrangement with your friend is much simpler, but also much riskier.  And yes, there probably are taxes on what you're proposing because you're basically giving or loaning the money to your friend. Even if you say it's not a loan or a gift, the law may still see it that way. The absence of a contract makes this especially important, because you don't have anything speaking in your favor in the event of a legal dispute besides \"\"what you meant the money to be.\"\" Furthermore, the money isn't necessarily safe with your friend, and the absence of a contract exacerbates this issue. If you want to keep your money safe, keep it in an account that's covered by deposit insurance. If you don't have an account in that currency, either a) talk to a lawyer who specializes in situation like this and work out a contract, or b) open an account with that currency. As I've stated, I'm not a lawyer, so none of the above should be interpreted as legal advice. That being said, I'll reiterate again that the concept of depositum irregulare is a concept from ancient Roman law. Trying to apply it within a modern legal system without a contract is a potential recipe for disaster. If you need a legal solution to this problem (not that you do; I think what you're looking for is a bank), talk to a lawyer who understands modern law, since ancient Roman law isn't applicable to and won't pass muster in a modern-day court.\""}
{"_id": "140835", "title": "", "text": "\"Private companies often \"\"make the market\"\" for their own stock. So they may offer to buy back so many shares a year, give staff the option to sell stock back after so many years, etc.  But private companies can have their own restrictions. They can, for instance, forbid secondary trading or explicitly limit voting stock to family members.  Ostensibly, someone could sell a big chunk of a company for whatever price they wanted (unless it was prohibited).  For tax purposes, IRS will come after you if you get a bunch of value for less than you paid for.  It is not an unheard of way to transfer wealth, but a dollar? Probably just gift it. But I'm not a tax attorney...   But is absolutely not the same kind of price transparency, or price movement, that you see in public stock, you are correct. Larger private companies may have secondary markets that are still less transparent.\""}
{"_id": "140842", "title": "", "text": "&gt; While I'm talking to an Estonian, how's Estonia doing these days?  The current party in power is having a financing scandal. Allegedly one of their current ministers organised money laundering schemes while being the secretary of the party years ago, but it goes a lot deeper than that, he's refusing to step down, and an investigation into this by the state prosecutor was shut down due to lack of evidence.  The guy is the minister of justice, so the state prosecutor actually answers to him directly.  At times it feels like we're living in god damn India or something."}
{"_id": "140853", "title": "", "text": "Interesting thread - I was going to go the route of writing my own reports on companies I invest in and posting them on my personal blog. A way to hone my research skills, signal to employers my research and writing ability and get feedback from people.   Good idea?"}
{"_id": "140859", "title": "", "text": "Depends on what you are going for. Sometimes first to market is the correct decision, while other times being more conservative is correct. All depends on risk/reward.   Edit: given that this was merely supposed to be a proof of concept/advertisement for the business's speed capabilities, and the low cost involved, there didn't appear to be very much risk."}
{"_id": "140875", "title": "", "text": "A lot of it boils down to these key points:"}
{"_id": "140883", "title": "", "text": "I also saw a lot of reference to Mutual Mania Board Game, which is geared towards kids 11yrs+ and helps them learn about spending, saving, profit and loss."}
{"_id": "140891", "title": "", "text": "\"I completely agree, but the problem is in many fields you simply can't get your foot in the door without traditional credentials. The HR clerk or software skimming resumes will just toss you in the garbage because you don't fit their neat idea of a \"\"qualified\"\" candidate. \"\"We\"\" need to rethink how we recruit people.\""}
{"_id": "140917", "title": "", "text": "Does your employer offer a 401(k) match? If so, contribute enough to maximize that--it's free money. After that, contribute to an IRA where you can invest in funds with low expenses. After you max that out, if you still have money left over, max out your 401(k) despite the high expenses for the tax advantages. Remember when you leave the company you can roll over the balance into an IRA and switch to lower-cost investments. Of course this is general advice without knowing your situation. If you're looking to buy a home soon, for example, you might want to keep extra money in a taxable account for a downpayment rather than maxing out your 401(k)."}
{"_id": "140938", "title": "", "text": "Then we do agree in a sense. Pensions are an anathema in the modern economy and likely were never a good idea, that said I do not agree with putting those owed and promised pensions behind other creditors. You would not bring down the credit system, you would simply kill what is left of the seriously broken pensions system and punish any company that was fool enough to play games with their pension system.   All that said I am not against a bankruptcy court discharging pensions and saying tough-titties to the employees. I just want that consideration by the court to happen when whatever is left of the cash pile is still big enough to matter to the pensioners.  If you are a company dumb enough to operate such a system today I see no reason why your creditors should not be aware of the promised debt load you carry that is bound up in your employees and take it into account. Does it make credit more expensive for them? It better!"}
{"_id": "140947", "title": "", "text": "\"The US national debt isn't the problem. If the Bush-era tax cuts had been allowed to expire then US debt would have been paid off reasonably quickly. The CBO\u2019s \u201cbaseline\u201d budget forecast,   which assumes that the cuts do indeed   expire as planned, sees the deficit   falling from 9.1% of GDP in 2010 to   2.5% in 2014. These are just the debts the US has already incurred. The problem is the future entitlements the US is promising to its soon-to-be-retired generation of Baby Boomers.  Medicare, health insurance, and so on are all future costs that can be calculated fairly accurately when considering the size and earnings of the work-force relative to the size, longevity and health of the newly-retired. Governments can \"\"solve\"\" the problems of entitlements simply be reneging on their promises. The concern that investors have is that either entitlements will be paid by raising taxes (and so cutting profits and investment returns) or countries will simply default on their existing debts as their tax receipts run out. As Europe has shown (from French workers rioting about having to retire at 62, to British students rioting about paying their tuition fees), breaking promises has consequences for elected politicians too. Europe is already going rather painfully through this process of economic restructuring.  The US will eventually come round as well.  Just don't expect it to be painless. So keep your money and invest it wisely.  No doubt that tax collectors will be round in a while to take their cut so you can make your contribution.\""}
{"_id": "140958", "title": "", "text": "Actually, it does make some sense.  Returns are where you have a customer who is not satisfied, and the company's job is to redeem themselves.  If you piss someone off when they're already unsatisfied with something, you risk alienating them permanently.  Easy returns mean that you get the return knocked out quickly, and get them spending money again, in your store, and that generally outweighs the cost of the return."}
{"_id": "140966", "title": "", "text": "You can only deduct (with the 2% AGI threshold) expenses that: You've actually incurred. I.e.: you actually paid for equipment or services provided and can show receipts for the payment. At the request of the employer. I.e.: you didn't just decide on your own to buy a new book or take a class, your employer told you to. With business necessity. I.e.: it was in order for you to do your job. And you were not reimbursed by your employer. I.e.: you went somewhere and spent your after tax money on something employer explicitly told you to pay for, and you didn't get reimbursed for that. From your story - these conditions don't hold for you. As I said in the comments - I strongly suggest you talk to a lawyer. Your story just doesn't make any sense, and I suspect your employer is doing something very fishy here."}
{"_id": "140974", "title": "", "text": "I compared it to NJ, NY and various other states through a database that escapes me now.  It's an independent database that was partially funded by the Bill and Melinda Gates foundation and I cannot find it now.  I also went through the arbitration opinion between CPS and the union, as another datapoint.  I'm sorry.  I will try to find it and get back to you."}
{"_id": "140977", "title": "", "text": "Yes, legitimate, documented, expenses are written off against that income."}
{"_id": "140989", "title": "", "text": "\"I frequently advise to go 401(k) up to the match. With no match, I'm not so sure.  If you are in the 15% bracket, I'd skip the 401(k). Your standard deduction is $5800 this year, do you itemize? I ask because the 15% bracket ends at $34,500, and I don't know if you manage enough deductions to get under that.  But - I'd only pt into the 401(k) what would otherwise be taxed at 25%, no more. Even then only if the 401(k) expenses were pretty reasonable. Will all the hoopla over retirement accounts, we easily forget the beauty of the investment in ETFs long term. You buy the SPY (S&P 500 ETF) and hold it forever. The gains are all deferred until you sell, and then they have a favored rate. You control the timing of the sale with no risk of penalty. The expenses are low, and over time, can make up for the lack of tax deduction (The pretax deposit) vs the 401(k) account. You die and the beneficiaries have a stepped up basis with no tax due (under whatever the limit is that year).  Long term, I'd go with low cost ETFs and pay the mortgage at the minimum payments. Even without itemizing, 4.2% is pretty low compared to the expected return over the next decade in stocks.  I recommend a look at Fairmark to help understand your marginal rate. Your gross doesn't matter as much as that line on 1040 \"\"taxable income.\"\" This will tell you if you are in the 25% bracket and if so, how deep.  Edit - If one's taxable income, line 43 on your 1040, I believe, puts him into the 15% bracket, there are issues using a pretax 401(k). The priority should be to use a Roth IRA or Roth 401(k). Being so close to that 25% bracket at 26 tells me you will grow, and/o marry into it over time, that's the ideal time to use the pre-tax 401(k) to stay at 15%. i.e. deposit just enough to bring your taxable income right to that line of 15/25%.\""}
{"_id": "140990", "title": "", "text": "\"I believe the answer here is no: SIPC protection of customers with multiple accounts is determined by \"\"separate capacity.\"\" Each separate capacity is protected up to $500,000 for securities and cash (including a $250,000 limit for cash only). Accounts held in the same capacity are combined for purposes of the SIPC protection limits. So even having 2 individual accounts - you would only be covered for $500,000/$250,000. You can see more about the type of accounts that would give your more coverage here. Also note: If you own a stock - the record probably exist.  Therefore you would not lose your ownership or shares.  The SIPC is there to protect the times this does not happen.\""}
{"_id": "140998", "title": "", "text": "\"This is proof that the people running the world are all insane. They are interested only in their personal gain and they are throwing the entire planet full of people under the proverbial bus in the effort to increase their bank accounts during their short lives.  The practice of banks \"\"inventing\"\" money by lending more than they actually have in their vaults should be stopped, or at the very least reigned in. During the housing collapse it was revealed that CHASE was lending money at a 50:1 ratio. That's madness. CHASE should have gone bankrupt as a result, but they received massive bailouts. A company which operates like that is literally poison in the bloodstream.  Everyone knows that financial health is the result of making rational decisions. So it leads one to wonder how it is that all of the richest people get that way by being as irrational as possible. It's no surprise that most of them lose their fortunes in disastrous catastrophes which serve as entertainment for the masses.  When it comes to building wealth I think the story of the Tortoise and the Hare offers the most wisdom of any anecdotes.\""}
{"_id": "141005", "title": "", "text": "It sounds like there are no provisions in the loan document for how to proceed in this case.   I would view this as creating a brand new loan. The amount owed is going to be (Principal remaining + interest from 2 years + penalties).  If you created a new loan for 13 years, that would not be how I would expect a lender to behave. I would expect most repayment plans to be something like make double payments until you are caught up or pay an extra $1000 per month until caught up and then resume normal payments."}
{"_id": "141032", "title": "", "text": "\"Fool's 13 steps to invest is a good starting point. Specifically, IFF all your credit cards are paid, and you made sure you've got no outstanding liabilities (that also accrues interest), stock indexes might be a good place for 5-10 years timeframes. For grad school, I'd probably look into cash ISA (or local equivalent thereof) -the rate of return is going to be lower, but having it in a separate account at least makes it mentally \"\"out of sight - out of mind\"\", so you can make sure the money's there WHEN you need it.\""}
{"_id": "141043", "title": "", "text": "Care to explain why? A monopoly exists when a single firm is the sole producer of a product *for which there are no close substitutes.* While they may become one producer of *web-app enabled ride sharing from drivers in their own vehicles*, there is not one producer of on-request ground transportation. I've traveled cabs, black cars, shuttles, car share services, and used uber and lyft. If lyft dies, I still have dozens of other options. It would be like saying that if there is only one cab company that rents electric cars that they're a monopoly. Yeah, they might be the only one that rents electric cars, but they have many close substitutes (every other rental car company).  So they're not the single seller. Uber would not be able to fix the price in the market because of these other options. They also do not establish a high barrier to entering the market, except for the barrier of name recognition and competition. They cannot control the quantity of the product put into the market. They meet none of the qualities of a monopoly.  They *could*, however, become a part of an oligopoly, but one could argue that this already existed in ground transportation. If anything, Uber has opened up the market for competition by fighting against regulations that have restricted entry into the market for themselves, benefitting others with a similar model. No one would be crying if Uber garnered such a following that they out-performed Discount Cab, leading to its demise; Lyft is no different."}
{"_id": "141054", "title": "", "text": "\"Call me crazy, but doesn't this take us from the realm of *civil* damages, into seeing execs frog-marched into police cars?  Obama may not have gotten his 30-day requirement into law, but [most states follow](http://www.ncsl.org/research/telecommunications-and-information-technology/security-breach-notification-laws.aspx) California's data breach standard; sorry, residents of Alabama and South Dakota, you'll have to take comfort from the shadows when the latest NY AG moves to make a name for himself.  / Hmm, \"\"Eric Schneiderman\"\"... Nope, I don't see any penis jokes there, he's safe.\""}
{"_id": "141059", "title": "", "text": "I would prioritize paying off the heloc first.   Paying off the heloc has a guaranteed rate of return and will reduce the size of savings cushion you'll need in the future. However, you shouldn't assume your heloc funds will remain available indefinitely.   If you read your fine print, you are not guaranteed access to your unused credit by the bank.  If you lose your job or your home value significantly declines, the bank could refuse to let you take more money out on your heloc.   Recently, I've seen people's available credit be reset to 0 on open helocs by banks trying to reduce their exposure.   Planning on the future of available credit via a heloc is not a good safety net."}
{"_id": "141063", "title": "", "text": "It is important to choose a carpet cleaner that delivers industry leading carpet cleaning results, excellent service and with years of experience. Electrodry has been cleaning carpets in Adelaide for almost 20 years servicing over 10,000 customers in Adelaide every year."}
{"_id": "141069", "title": "", "text": "Accenture has several levels of partner. I'd be really surprised if it topped out at 250k because that's not very much even for a public company and also doesn't fit with the lifestyle of a few partners. I googled around a bit and there was an AMA on (of all places) reddit about a year back from somebody claiming to be a partner at Accenture, who reported 300k for a new partner, up to 1M+ for more senior ones (excluding equity) which actually sounds more reasonable to me.   Second observation: higher partner compensation does not systematically imply higher bill rates. Private companies doesn't pay dividends, for example, and partner compensation is not the only expense. Bankers in public banks can make that much and none of them are partners - viz. UBS &amp; co. (performance-based bonus at Accenture for non-partners - and Senior Executives are not necessarily partners - can reach 20k, no problem. Hell, a consultant might make almost that)"}
{"_id": "141088", "title": "", "text": "Privatization and outsourcing  of knowledge is much cheaper than in-house economies of scale... wait, what?   When this grand experiment is proven to not be the panacea of the business world's quest for cost reduction, we'll all look back and laugh at how silly these guys were.  It's like saying it's cheaper for a family of four to eat out three times a day, seven times a week (at restaurant that serves food with quality comparable to home cooking) than it is to cook at home. We all know home cooked meals are more cost effective unless you're eating the bottom of the barrel fast food, even then, externalities of health and well being make the savings questionable."}
{"_id": "141111", "title": "", "text": "\"The Dutch tax office is pretty decent, although slightly overburdened. Don't expect a lot of help, but they're not generally known for making a lot of problems. Digital copies are fine, for instance. They will send you your first VAT notice. You probably would have known if your company would have been incorporated, so I'll assume you're just trading as a natural person. That means you still have to file VAT returns, but the business income is just filed annually as \"\"other income\"\".  For the VAT part, you'll need to invoice your customers. Keep a copy of those invoices for your own bookkeeping, and keep track of the matching customer payments. Together these form the chief evidence of your VAT obligation. You also have a VAT deduction from your purchases (it's a Value-Added Tax, after all). Again, keep receipts. The usual VAT period is 3 months, so you'd pay VAT 4 times a year. But if you would pay less than 1883 euro, you might not need to pay at all and just need to file annually The income part is easy with the receipts you had for VAT purposes anyway. Dutch Tax Office, VAT, in English\""}
{"_id": "141120", "title": "", "text": "You can't control the number of special interest groups.  You can't control their stubbornness, animosity, or lack of foresight.  What you can do is limit how and when special interest groups can press their views.  Create a new team whose whole job is to field lobbying before it gets to congress.  They see all the new bills, etc. and boil them down to simple terms, pros, and cons, before presenting them to congress.  The final version must also be signed off on by the lobbying party before it is presented.  You need a second party in this group:  The Devil's Advocates - a group that is REQUIRED to argue against EVERY proposal.  The whole reason for this group is to ensure that no proposal passes without contest.  You need a group whose whole goal is to identify the impact of each proposal, and return the findings to fielders.  They also require a devil's advocate.  When the final proposal is signed off on, then the fielding group presents it to congress, not the lobbyists or their supporters.  The funding for these groups comes directly from the lobbyists, who must finance their bill through congress, unless special exception is made.  If a ton of special interest groups want to get their form in, they must wait their turn in line.  The less work the fielding group has to do to clean up their request, validate it, and discover the pros and cons, the faster the lobby request will go through.  This is just a rough idea off the top of my head.  What are the issues you see with it?"}
{"_id": "141141", "title": "", "text": "\"Something to note is that when a company announces a share buyback program there is usually a time frame and amount of shares that are important details as it isn't like the company will make one big buy back of stock generally.  Rather it may take months or even years as noted in the Wikipedia article about share repurchases. Wikipedia covers some of the technical details here but to give a specific set of answers: When a company announces a share buyback program, who do they actually   buy back the shares from?  From the Wikipedia link: \"\"Under US corporate law there are five primary methods of stock repurchase: open market, private negotiations, repurchase 'put' rights, and two variants of self-tender repurchase: a fixed price tender offer and a Dutch auction.\"\" Thus, there are open market and a couple of other possibilities. Openly traded shares on a stock exchange?  Possibly, though there are other options. Is there a fixed price that   they buy back at? Sometimes.  I'd think a \"\"fixed price tender offer\"\" would imply a fixed price though the open market way may take various prices. If I own shares in that company, can I get them to buy back my shares? Selective Buy-Backs is noted in Wikipedia as: \"\"In broad terms, a selective buy-back is one in which identical offers are not made to every shareholder, for example, if offers are made to only some of the shareholders in the company. In the US, no special shareholder approval of a selective buy-back is required. In the UK, the scheme must first be approved by all shareholders, or by a special resolution (requiring a 75% majority) of the members in which no vote is cast by selling shareholders or their associates. Selling shareholders may not vote in favor of a special resolution to approve a selective buy-back. The notice to shareholders convening the meeting to vote on a selective buy-back must include a statement setting out all material information that is relevant to the proposal, although it is not necessary for the company to provide information already disclosed to the shareholders, if that would be unreasonable.\"\" Thus it is possible, though how probable is another question. While not in the question, something to consider is how the buybacks can be done as a result of offsetting the dilution of employees who have stock options that may exercise them and spread the earnings over more shares, but this is more on understanding the employee stock option scenario that various big companies use when it comes to giving employees an incentive to help the stock price.\""}
{"_id": "141164", "title": "", "text": "That would be lead to eveeel and wasteful litigation.  Youre basically making a pro contingency fee structure argument.  Those incentives exists in private rights of actions which have been whittled away.  Look at the result."}
{"_id": "141168", "title": "", "text": "&gt;I always thought of it as a starting point before you gain skills to live on your own.  You thought wrong. That's what conservatives have tried to push.  As initially discussed by FDR:  &gt;In his 1933 address following the passage of the National Industrial Recovery Act, President Franklin D. Roosevelt noted that \u201cno business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By \u2018business\u2019 I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level\u200a\u2014\u200aI mean the wages of decent living,\u201d he stated."}
{"_id": "141170", "title": "", "text": "So to sum up, a Keynesian would suggest that the way out of this economic malaise is to incur more public debt now to make up for the fact that the private sector is paying down its way-too-high debt.  And you suggest that the way out is to produce more cheap electronics in this country by cutting taxes and regulation? I bet ending unions would probably help, too."}
{"_id": "141174", "title": "", "text": "Smallest risk of default would depend on where Alice and Bob live I suppose, but lets assume they are in a lower yielding nation where default is not a big concern.  Remember for instance that Greece was a lower yielding nation at one point and that the US has defaulted before. Let's start with Bob because he is easier to analyze.  Yield curves inversions generally pre-date recessions which is generally not so good for Bob as rates tend to drop during recessions and he will be at the short end of the curve so his bonds will be less sensitive.  However, he will generally get higher yields in good times to make up for this, but these higher yields come with a price in that he is generally much more sensitive to yield changes and can get much larger swings in portfolio value. First off as JB mentioned Alice would likely own inflation-linked (IL) bonds.  Which behave fairly differently from Bob's bonds. However, to keep this simple lets say they live in a place without IL bonds or IL bonds are not a consideration.  Then generally Alice has lower yielding bonds in good times but may do very well when the fed steps in during a crisis. So, who wins in the long run?  Likely Christi who owns a mix of a broad index of stocks and bonds in a risk mix where she wouldn't have to sell in downturns.  Especially, as Christi wouldn't have to pay the trading costs of moving her whole portfolio between long and short bonds.  Between Bob and Alice however Bob would likely win in the long run as the markets generally reward risk taking in the long run.  Still inflation (even without the IL bonds) and general rate trends (long-term rates are historically low right now) could have Bob losing for uncomfortably long periods."}
{"_id": "141183", "title": "", "text": "If I were you, I would go to the bank right now, pay the $100 and close the account.  I would stop the bleeding first then consider the fallout later.   Do you own the account jointly with your partner(s) as a partner or does the partnership (a separate formal entity) own the bank account with you a named representative?  Those are two very different situations. If you're a joint owner, you're liable for the fees; along with your other partners in accordance with your partnership agreement.  You never closed yourself off the account and that's your problem. If the dissolved partnership owns the account, you're not personally liable for the fees.  You were never a personal owner of the account, now that the account is negative you don't magically become personally liable. The differences here are very nuanced and the details matter.  If this were a large amount of money I'd suggest you go see a lawyer.  Since this is about $100 I'd just pay it, make sure the account is closed, and move on."}
{"_id": "141189", "title": "", "text": "The key here is the bank, they hold the title to the car and as such have the final say in things. The best thing you can do is to pay off the loan.  Could you work like crazy and pay off the car in 6 months to a year? The next best thing would be to sell the car.  You will probably have to cover the depreciation out of pocket.  You will also need to have some cash to buy a different car, but buy it for cash like you should have done in the first place. The worst option and what most people opt for, which is why they are broke, is to seek to refinance the car.  I am not sure why you would have to wait 6 months to a year to refinance, but unless you have truly horrific credit, a local bank or credit union will be happy for your business.  Choose this option if you want to continue to be broke for the next five years or so. Once any of those happen it will be easy to re-title the car in your name only provided you are on good terms with the girlfriend.  It is just a matter of going to the local title office and her signing over her interest in the car. My hope is that you understand the series of foolish decisions that you made in this vehicle purchase and avoid them in the future.  Or, at the very least, you consciously make the decision to appear wealthy rather than actually being wealthy."}
{"_id": "141201", "title": "", "text": "&gt;You seem to have missed half the plan. My suggestion to not charge back hours is meant to work with the idea of giving each department a budget in terms of hours.  And what do you do with the department that uses up its budgeted hours by say... July or August?  Do they get to simply ignore that they have gone over budget? (In which case, what use is the budget.)   Ooops (guess you missed that little complication)."}
{"_id": "141213", "title": "", "text": "The spread is two trades, one of which opens up some risk one of which limits/cancels the risk.  There is nothing stopping you from selling part of the spread opening the door to the risk.  You're required to have a margin account to open risky positions, even if the specific spread trade you're attempting to open has a risk limiting/cancelling counterpart."}
{"_id": "141221", "title": "", "text": "Sure let's say we're starting with the equity value of a public company. Fully diluted shares times market price. We add debt and subtract all cash to give us enterprise value. Calculate a multiple on that. Look what we did up there, we subtracted out all cash. The DCF approach assumes we have an operating level of cash when it calculates a value. You're saying that the DCF spits out an enterprise value. It cannot be an enterprise value if the DCF approach assumes we hold cash. We would have to subtract out an operating level of cash from the DCF concluded value to compare it apples to apples to the cashless enterprise values we derived from the market approach multiples."}
{"_id": "141229", "title": "", "text": "Girls love to [Buy Designer Hangbags Online](http://www.dianaekelly.com) and purses in formal also as informal events. They\u2019re now a required fashion accessory, and girls prefer to buy bags that are complimentary with their wardrobe and personality. Bags can now be purchased at auctions, since celebrities often place their collections up for auction."}
{"_id": "141235", "title": "", "text": "\"If you are wanting to teach your kids basic accounting principles there is some good stuff on Khan Academy. However most of the stuff takes practice to really make it hit home and its kinda boring (Especially to kids who may or may not care about it). Maybe if you help them set up an account on Mint so that they are at least aware of their finances. Think it also has a heap of videos you can watch that teaches basic personal finance. If you actually want them to understand the techniques and methods behind creating & maintaining a personal ledger/journal and reconciling it against a bank account you are getting into what undergraduates study and there are plenty of first year textbooks around. Look around for a second hand one that is a few revisions old and they are usually dirt cheap (I scored one for only a dollar not that long ago). I feel like the mindset is what matters most. Journals and all that jazz are easy if you have the right mindset. That is something that you really have to demonstrate to your children rather than teach. Meaning you yourself keeping your finances in order and showing them how you organise and file your bills/ credit cards etc. (So they learn the importance of keeping financial records; meaning in the future when its talked about it doesn't fall on deaf ears) Emphasize the whole \"\"living within your means\"\" because even if they don't understand bookkeeping or learn anything else at least their finances won't turn out too bad.\""}
{"_id": "141241", "title": "", "text": "If it's long enough to make a pitch that seems like it can't be that short. I don't like that Uber is calling and canceling rides, but I don't think they are responsible for determining how long a ride must be in order for it to be profitable for Lyft."}
{"_id": "141243", "title": "", "text": "Take pics of your happy customers and show them to potential new customers.  Also have a guest book for people to sign with their reviews.  ONLY let tourists sign this book.  It would be obvious if you had non native english speakers try to write reviews in there."}
{"_id": "141245", "title": "", "text": "Best advice is to ask your lender.  That being said, if you are changing jobs, but keeping the same type of job you are usually ok and if the loan was approved before, it would still be approved. If you switch from W-2 to 1099 or vice-versa, permanent to contract, switch industries (software dev to accountant), or make less money there is a strong risk of the loan being declined."}
{"_id": "141253", "title": "", "text": "It's not just about price. Uber and other rideshare companies provide several other things better than cabs:  * However they do it, whether monitoring GPS or sensor data from the phone, rideshares incentivize drivers to accelerate and brake gently, as well as go the speed limit. Cab drivers, in my experience, drive like assholes. * By using the star rating system, rideshares incentivize drivers and riders to act like civilized people. Cab drivers, in my experience, don't give a shit. * By charging for time as well as mileage, rideshares incentivize drivers to take their time and get people where they want to be. Cab drivers, in my experience, want people out of the car as quickly as possible so they can get to their next fare. * Rideshares made it an effective part time job as well as a full time job. A driver can pick their own schedule and drive when they're available. One can make a living or just make some extra money.  And my description of their business model is correct. Again, it's not just pricing. The medallion system ensures that a driver starts out in debt. It is a barrier to entry. It also ties a driver's retirement to a supply/demand market of a commodity. It's an artificial barrier that blocks supply/demand of people willing to fill the role in a market. All of this allows cab companies to charge whatever they bloody well please and pay their drivers shit wages, which is probably the reason they drive and act like assholes."}
{"_id": "141257", "title": "", "text": "Pay to play in business is normal and completely ethical.  You want to be in the Yellow pages, you have to pay.   You want to be associated with an elite group of like businesses and share leads, you have to pay.   You want to be in the Chamber of Commerce, you have to pay.  There's tons of businesses that are in invite only groups that cost $10,000+ a year and $300 a month just for sharing leads and those leads are worth the cost."}
{"_id": "141269", "title": "", "text": "&gt;There exists plenty of demand in the US economy right now      No, there isn't. Too many people are paying off their debt and not buying anything. The hunter isn't buying many apples because he's busy paying off his debt to the bow maker."}
{"_id": "141289", "title": "", "text": "You should contact Chase and ask them. As long as it's not on your account - it hasn't arrived."}
{"_id": "141290", "title": "", "text": "No, he was lucky there are universities where he can earn a degree and learn useful things.  He's lucky he never got murdered by someone desperate for food.  He's lucky there were roads to help him go all the places he needs to go.  He was lucky there were companies where he had the opportunity to network, that there's an economy where such things exist.  He's lucky the modern world *exists*.    But no, he did it all by himself."}
{"_id": "141296", "title": "", "text": "Well I think it's a combination of all options is required.  I agree that the focus needs to be on developing products - alternatives - to replace our  petroleum-based products. We should not however ignore energy efficiencies wherever these are possible. Conservation of energy is also a huge part of reducing our use of fossil fuels."}
{"_id": "141300", "title": "", "text": "\"Touche. But you still have to at least *know* how to open a paint can..... and for any \"\"millennials\"\" reading it usually involves a hammer. It sounds complicated I know but I'm sure there's a utube video posted that will explain all the details. If not they can also sell you a special tool. /Insert your own joke here/ For opening.\""}
{"_id": "141320", "title": "", "text": "I wouldn't like to say either way what you should do, not being an financial advisor or lawyer, but I did find an interesting article on nytimes.com: Walk Away From Your Mortgage!  that you might also find helpful to frame your decision. It has some interesting information on defaults, it says this: Mortgage holders do sign a promissory note, which is a promise to pay. But the contract explicitly details the penalty for nonpayment \u2014 surrender of the property. The borrower isn\u2019t escaping the consequences; he is suffering them. In some states, lenders also have recourse to the borrowers\u2019 unmortgaged assets, like their car and savings accounts. A study by the Federal Reserve Bank of Richmond found that defaults are lower in such states, apparently because lenders threaten the borrowers with judgments against their assets. But actual lawsuits are rare. And given that nearly a quarter of mortgages are underwater, and that 10 percent of mortgages are delinquent, White, of the University of Arizona, is surprised that more people haven\u2019t walked. He thinks the desire to avoid shame is a factor, as are overblown fears of harm to credit ratings. Probably, homeowners also labor under a delusion that their homes will quickly return to value. White has argued that the government should stop perpetuating default \u201cscare stories\u201d and, indeed, should encourage borrowers to default when it\u2019s in their economic interest. This would correct a prevailing imbalance: homeowners operate under a \u201cpowerful moral constraint\u201d while lenders are busily trying to maximize profits. More important, it might get the system unstuck. If lenders feared an avalanche of strategic defaults, they would have an incentive to renegotiate loan terms. In theory, this could produce a wave of loan modifications \u2014 the very goal the Treasury has been pursuing to end the crisis."}
{"_id": "141331", "title": "", "text": "In principle, the US taxes both income and gifts. Simply thinking good thoughts is not necessarily sufficient to avoid filing or payment obligations. Giving somebody money with no repayment date, no interest, and no enforceable note looks an awful lot like either income or a gift. A loan normally has interest, money sitting in a savings account is insured, and other investments generally have an expected return.  Why would somebody give a loan with no interest, with only flexible or informal payment expectations, in a way where it has neither deposit insurance nor any expectation of net returns?  That looks a lot like a gift - at the very least, a gift of the time value and the default risk. The IRS definitely polices loan rates. The latest release is Revenue Ruling 2014-13. The AFR is useful for tax concepts such as Original Issue Discount (when issuers sell low-interest or no-interest bonds or loans at less than face value, attempting to recharacterize interest income as return of principal), various grantor trusts (e.g. GRATs), and so forth.  It's a simple way for the IRS to link to market rates of interest. Documentation and sufficient interest, as well as clear payment schedule (and maybe call or demand rights) make it a bona fide loan.  There is no real way for the IRS to distinguish between an informal arrangement and a post-hoc lie to conceal a gift.  Moreover, an undocumented loan is generally difficult to enforce, so it looks less like a true loan. The lender declares the interest payments as income on his Form 1040, line 8a and if necessary Schedule B."}
{"_id": "141332", "title": "", "text": "Matt Levine talked about a cute scam that this resembles, a kind of extended short squeeze. You manipulate up the stock of a company, so that it's obviously way above the fundamental value. Word will get out. Then the shorts come in. But the value remains stubbornly high. All the stock is held by a few insiders, but they didn't manipulate the stock price to do a pump and dump. They did it to milk the shorts on borrow cost."}
{"_id": "141359", "title": "", "text": "I'm a seller of large items on Amazon. Had a customer buy and return the item because he ordered the wrong size shelf.  Shipped it back damaged, full refund for the buyer, amazon refused to even take my claim seriously. cost me hundreds, going to be closing my account if it happens again. Amazon is the worst seller marketplace out of all the ones I use.  I'm not going to held hostage to their BS!"}
{"_id": "141365", "title": "", "text": "\"Nobody has consistently doubled their investment year after year, not even the \"\"greats\"\" like George Soros and Warren Buffett. Mr. Buffett's average annual returns have been over 20% for over 50 years. That's about twice the American average of 10%-11% a year. So Mr. Buffett has been \"\"twice as good as average\"\" for his adult life. That's like having a 200 IQ. And in a poll taken in 2000, he was rated the greatest portfolio manager of all time. No lesser person could hope to do better. What has happened is that people may double their investment in ONE year, then \"\"give some back\"\" the following year. Or else go through several years of \"\"average\"\" 10%-15% returns. The reason is that they will have an investment style that works for one particular market, but not for all markets, so they will have to wait for their \"\"best\"\" market, to have their \"\"best\"\" year.\""}
{"_id": "141371", "title": "", "text": "\"Cultural Marxism has nothing to do with Marxism, it's a misnomer. It's not even a real thing. He probably means the \"\"Frankfurt School\"\", which is a bastardized \"\"Marxism\"\" stripped of everything that makes Marxism *Marxism*. It is opposed to every Marxist state that ever existed or currently exists. It's a purely academic, useless philosophy that scooped out the organs of Marxism, tossed them aside, and put on its skin.  In other words it has nothing to do with this article, since this article is about Marxism not the \"\"Frankfurt School\"\".\""}
{"_id": "141372", "title": "", "text": "Geloman's Indian Spares give the offer great service of Indian motorcycle with quality work that is great value for money. All our workmanship is guaranteed and we honor any guarantee provided with any part that we supply. The bike lover the to see if he could handle Indian 338 motorcycle, and clearly she could, but she wasn\u2019t that interested in becoming a rider. Anything that\u2019s not a cruiser will demand extensive research and development costs, and Indian motorcycle."}
{"_id": "141375", "title": "", "text": "\"Are you trying to say that when hiring a Chief Information Security Officer, people with IT degrees and background are less desirable than music majors?   And, yes, there are people with un-related degrees who are \"\"experts\"\" in another field, but with 98% certainty, they learned their \"\"expertise\"\" from many gray real experts with IT degrees who work for them.  In other words, those \"\"experts\"\" repeat and say things in a more presentable way than any real techie expert can say or present.  Good example is Steve Job: terrible product ideas and design (Lisa, Newton, Macintosh, Next, etc) and all his success stories TOTALLY came from the hard work of others (Steve Wozniak with Apple II, iPod, iPhone, etc). But sure he can present and market things.\""}
{"_id": "141405", "title": "", "text": "\"As THEAO suggested, tracking spending is a great start.  But how about this -  Figure out the payment needed to get to zero debt in a reasonable time, 24 months, perhaps. If that's more than 15% of your income, maybe stretch a tiny bit to 30 months. If it's much less, send 15% to debt until it's paid, then flip the money to savings.  From what's left, first budget the \"\"needs,\"\" rent, utilities, etc. Whatever you spend on food, try to cut back 10%.  There is no budget for entertainment or clothes. The whole point is one must either live beneath their means, or increase their income. You've seen what can happen when the debt snowballs.  In reality, with no debt to service and the savings growing, you'll find a way to prioritize spending. Some months you'll have to choose, dinner out, or a show. I agree with Keith's food bill, $300-$400/mo for 3 of us. Months with a holiday and large guest list throws that off, of course.\""}
{"_id": "141425", "title": "", "text": "Banks should be risk averse by default. They make loans to people and businesses after measuring their ability to repay.  After they approve a big project loan like an apartment building, they don't give all the money to the builders upfront. They give money as progress is made and they make sure the funds are not being used inappropriately. There's no reason they couldn't do all this while owning the project, but that would also open them to lawsuits later on if anything wasn't built to code. By keeping the project at arm's length, they avoid future liability."}
{"_id": "141430", "title": "", "text": "Home Depot doesn't cull their lumber with anywhere near the frequency of Lowe's either. I only have a Home Depot near me right now and if I need lumber, I always open a fresh bundle because none of the loose stuff is going to be worth using."}
{"_id": "141434", "title": "", "text": "\"&gt;It's secret so that it can't be torpedoed by politics while in the negotiation process.  That argument is dissected quite well in this article about ISDS.:  [Commission ISDS reform plan is an echo chamber of business views](http://corporateeurope.org/international-trade/2014/07/commission-isds-reform-plan-echo-chamber-business-views)  These deals are NOT about trade, they are about the big corporate donors getting things - lots of bad things- which they could never get in legislation. A laundry list of very bad deals for the people of all these countries all rolled into one.   The previous trade negotiator admitted that they were secret because there are lots of things in there which the American people would not want.   For example, all three of the \"\"agreements\"\" contain provisions that effectively make real single payer health care impossible. That will limit state efforts to ones that lose lots of money.     They try to freeze all ew chemical and environmental regulations, overruling state laws and chemical disclosure food safety, and labeling requirements. They try to continue to deregulate banks and fiancial instruments, increasing the risks not just of disasters - also of disasters that the US taxpayer will be asked to pay for.   I'm now hearing something about new traps which will send much of the whelling and dealing to London, however they could still put the US taxpayer on the hook for their huge losses - of EU banks, similar to the Cyprus and the EU situation.   Check out http://ttip2014.eu  and http://www.world-psi.org/en/psi-special-report-tisa-versus-public-services also\""}
{"_id": "141454", "title": "", "text": "Technology comes from researching and testing when you've run out of technology that you can just copy, as you say. Which is why many developing economies can [grow](https://en.wikipedia.org/wiki/List_of_countries_by_real_GDP_growth_rate) quite quickly regardless of their [research spending](https://en.wikipedia.org/wiki/List_of_countries_by_research_and_development_spending)- new technology is basically given to them via FDI."}
{"_id": "141455", "title": "", "text": "Yeah man, was basically just screwing around.  Day-trading stocks is a bit different for me.  I usually trade options.  Taking a bit getting used to.  Not to mention, I probably lost a good bit on spreads.  I made all market orders lol."}
{"_id": "141456", "title": "", "text": "No, it's like a kid asking for a cookie - of course the kid asks for the cookie. Kids are short-sighted, irresponsible, and focused on instant gratification. The problem isn't the kid asking for the cookie, it's when Mom, who is *supposed to be* responsible and in charge, gives the kid the cookie when the kid shouldn't be having cookies.  Lobbyists asking for modifications to tax &amp; legal code - fine. There's nothing wrong with asking. Sometimes the ask is a good one.  Legislators &amp; regulators agreeing to the modifications to tax &amp; legal code - 100000000% their responsibility. The onus is on the PERSON IN CHARGE to exert their power and control, and not do the stupid thing.   Why do you people blame the companies or lobbyists but exonerate the legislators &amp; regulators who are **ACTUALLY RESPONSIBLE FOR ALLOWING THESE THING TO HAPPEN!?**"}
{"_id": "141458", "title": "", "text": "\"Not really, no. The assumption you're making\u2014withdrawals from a corporation are subject to \"\"[ordinary] income tax\"\"\u2014is simplistic. \"\"Income tax\"\" encompasses many taxes, some more benign than others, owing to credits and exemptions based on the kind of income. Moreover, the choices you listed as benefits in the sole-proprietor case\u2014the RRSP, the TFSA, and capital gains treatment for non-registered investments\u2014all remain open to the owner of a small corporation ... the RRSP to the extent that the owner has received salary to create contribution room. A corporation can even, at some expense, establish a defined benefit (DB) pension plan and exceed individual RRSP contribution limits. Yes, there is a more tax-efficient way for small business owners to benefit when it comes time to retirement. Here is an outline of two things I'm aware of: If your retirement withdrawals from your Canadian small business corporation would constitute withdrawal from the corporation's retained earnings (profits), i.e. income to the corporation that had already been subject to corporate income tax in prior years, then the corporation is able to declare such distributions as dividends and issue you a T5 slip (Statement of Investment Income) instead of a T4 slip (Statement of Remuneration Paid). Dividends received by Canadian residents from Canadian corporations benefit from the Dividend Tax Credit (DTC), which substantially increases the amount of income you can receive without incurring income tax. See TaxTips.ca - Non-eligible (small business) dividend tax credit (DTC). Quote: For a single individual with no income other than taxable Canadian   dividends which are eligible for the small business dividend tax   credit, in 2014 approximately $35,551 [...] could be earned before   any federal* taxes were payable. * Provincial DTCs vary, and so combined federal/provincial maximums vary. See here. If you're wondering about \"\"non-eligible\"\" vs. \"\"eligible\"\": private small business corporation dividends are generally considered non-eligible for the best DTC benefit\u2014but they get some benefit\u2014while a large public corporation's dividends would generally be considered eligible. Eligible/non-eligible has to do with the corporation's own income tax rates; since Canadian small businesses already get a big tax break that large companies don't enjoy, the DTC for small businesses isn't as good as the DTC for public company dividends. Finally, even if there is hardly any same-year income tax advantage in taking dividends over salary from an active small business corporation (when you factor in both the income tax paid by the corporation and the individual), dividends still allow a business owner to smooth his income over time, which can result in a lower lifetime average tax rate. So you can use your business as a retained earnings piggy bank to spin off dividends that attract less tax than ordinary income. But! ... if you can convince somebody to buy your business from you, then you can benefit from the lifetime capital gains exemption of up to $800,000 on qualifying small business shares. i.e. you can receive up to $800K tax-free on the sale of your small business shares. This lifetime capital gains exemption is a big carrot\u2014designed, I believe, to incentivize Canadian entrepreneurs to develop going-concern businesses that have value beyond their own time in the business. This means building things that would make your business worth buying, e.g. a valued brand or product, a customer base, intellectual property, etc. Of course, there are details and conditions with all of what I described, and I am not an accountant, so please consult a qualified, conflict-free professional if you need advice specific to your situation.\""}
{"_id": "141459", "title": "", "text": "It will be considered 'unused credit'. I have tried it yeas ago. They just report zero usage."}
{"_id": "141464", "title": "", "text": "\"I'd encourage you to use rules of thumb and back-of-the-envelope. Here are some ideas that could be useful: The problem with any kind of detailed calculations is the number of unknowns: There are some really complex calculators out there, for example see ESPlanner (http://www.esplanner.com/) (caution: horrible user interface, but seemed to work), that will include all kinds of factors and run monte carlo and the whole thing. But in my opinion, it's just as good or better to say save at least 15% of income until you have 25x what you spend, or some other such rule of thumb. Here's my little blog post on savings and investing fwiw: http://blog.ometer.com/2010/11/10/take-risks-in-life-for-savings-choose-a-balanced-fund/ Another note, there's sort of an \"\"ideology of how to live\"\" embedded in any retirement recommendation, and you might want to take the time to reflect on that and consciously choose. A book on this topic is Your Money or Your Life by Robin & Dominguez, http://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 which is a sort of radical \"\"you should save everything possible to achieve financial independence as early as possible\"\" argument. I didn't go for their plan, but I think it's thought-provoking. A newer book that may be more appealing is called The Number  and it's about your question exactly. It's more designed to get you thinking, while Your Money or Your Life has a particular answer in mind. Both have some math and some rules of thumb, though they aren't focused on that. A kind of general takeaway from these books might be: first think about your expenses. What are you trying to accomplish in life, how would you like to spend your time? And then ask how much money you absolutely need to accomplish that, and focus on accomplishing your goals, spending your time (as much as you can) on what you'd like to spend it on. I'm contrasting this with a generic recommendation to save enough to spend 80% of your income in retirement, which embeds this idea that you should spend as much as possible every year, before and after you retire. Lots of people do like that idea, but it's not a law of the universe or something, it's just one popular approach.\""}
{"_id": "141475", "title": "", "text": "Start with researching in the field of Organizational Behavior, that's the *broad* name of the field you're looking for.    1. This guy on youtube is pretty cool, just don't get sucked in his promotional stuff (take the free stuff) https://www.youtube.com/user/ramitsethi  2. **Read for Robert Greene: Mastery, Seduction, 48 Laws of Power**   3. Maslow Hierarchy of needs   3. Read: How to Win Friends and Influence People      Just for kicks: read: Snakes in Suits: When Psychopaths Go to Work.  Hope this helps."}
{"_id": "141510", "title": "", "text": "It sure sounds that way =/  Obviously if you were making decisions about how to better run companies, that sounds amazing. It sounds like a job I could easily be obsessive about, that would be fun to do, and pay extremely well on top of it.  That's why I was hoping PE was like like. But it's clear that it's not really like that at all."}
{"_id": "141511", "title": "", "text": "Largely it comes down to the complexity of your return (likely relatively simple if it's your first time filing) and your comfort level with using software. More complex returns would include filing business claims, handling stocks and investments, special return forms, etc.  One benefit to most of the software options out there such as TurboTax, HR Block, and Tax Slayer, are that they are free to use and you only pay when you're ready to file. You could give them a shot to see how easy/difficult they are and if you feel overwhelmed, then contact a CPA (whose time won't be free). Also remember that those HR Block seasonal places that open up are not CPA's, but are temps hired and trained to use the software that you would find online. You didn't indicate they were an option, but I like to point that out to those who might not know otherwise.  My opinion would be to use one of the online options because of cost and their ease of use. They also allow you to take your time and save your progress, so you can start using it and go ask questions/do research on your own time."}
{"_id": "141534", "title": "", "text": "There are a lot of forces at play here, one of which is addressed in your second bullet point. Housing, transportation, food, and healthcare are pretty much the staple expenses of a modern day human.  While these expenses all have a range from minimum required to function and luxurious all humans incur these costs.  The lower rung wage earners earn an amount closer to their actual costs than higher earners.  As income scales up these expenses typically also scale up with different lifestyle choices.   There reaches a breaking point though where is so much excess to your income that you begin meaningfully spending on investments; you may also begin to take a meaningful portion of your compensation in securities rather than currency.  In times where the economy is booming, folks who hold assets in securities rather than currency really win.  In 2008 people in that highest rung really took a wealth hit (and probably an income hit)."}
{"_id": "141541", "title": "", "text": "Investment banks will put out various reports and collect revenues from that along with their banking activity.  I don't read them or care to read them myself.  If banks can make money from something, they will likely do it, especially if it is legal. To take the Tesla stock question for a moment: Aren't you ruling out that yesterday was the day that Tesla was included in the Nasdaq 100 and thus there may be some people today exiting because they tried to cash in on the index funds having to buy the stock and bid it up in a sense?  Or as @littleadv points out there could be those tracking the stocks not in the index that would have been forced to sell for another idea here. The Goldman note is a possible explanation but there could well be more factors in play here such as automated trading systems that seek to take advantage of what could be perceived as arbitrage opportunities. There can be quick judgments made on things which may or may not be true in the end.  After all, who knows exactly what is causing the sell-off.  Is it a bunch of stop orders being triggered?  Is it people actually putting in sell order manually?  Is it something else?  There are lots of questions here where I'm not sure how well one can assign responsibility here."}
{"_id": "141550", "title": "", "text": "If they have a document that says they paid sales tax, then you must have a document that says you refunded it. Otherwise, your tax office might find out that you charged sales tax, you have no proof of the refund, so it very much looks like tax evasion. I'd call your tax office to hear what they say about it."}
{"_id": "141551", "title": "", "text": "In addition to all the other answers, here is a New Zealand Herald article from earlier this year about second mortgages, confirming that it is both legal and common in New Zealand.  Whether or not it is a good idea in your situation is another question."}
{"_id": "141565", "title": "", "text": "\"Bingo, great question.  I'm not the original poster, \"\"otherwiseyep\"\", but I am in the economics field (I'm a currency analyst for a Forex broker).  I also happen to strongly disagree with his posts on the origin of money.  To answer your question:  the villagers are forced to use the new notes by their government, which demands that their income taxes be paid with the new currency.  This is glossed over by otherwiseyep, which is unfortunate because it misleads people who are new to economics into believing the system of fiat money we have now is natural/emergent (created from the bottom-up) and not enforced from the top-down.  Legal tender laws enforced in each nation's courts mean that all contracts can be settled in the local fiat currency, regardless of whether the receiver of the money wants a different currency.  These laws (and the income tax) create an artificial \"\"root demand\"\" for the fiat currency, which is what gives it its value.  We don't just *decide* that green paper has value.  We are forced to accumulate it by the government.  Fiat currencies are not money.  We call them money, but in fact they are credit derivatives.  Let me explain:  A currency's value is inextricably tied to the nation's bond market.  When investors buy a nation's bonds, they are loaning that nation money.  The investor expects to receive interest payments on the bonds.  The interest rate naturally rises as the bonds are perceived to be more-risky, and naturally falls as the bonds are perceived to be less-risky.  The risk comes from the fact that governments sometimes get really close to not being able to pay their interest payments.  They get into so much debt, and their tax-revenue shrinks as their economy worsens.  That drives up the interest rate they must pay when they issue new bonds (ie add debt).  So the value of a currency comes from tax revenue (interest payments).  If a government misses an interest payment, or doesn't fully pay it, the market considers this a \"\"credit event\"\" and investors sell their bonds and freak out.  Selling bonds has the effect of driving interest rates even higher, so it's a vicious cycle.  If the government defaults, there's massive deflation because all debt denominated in that currency suddenly skyrockets due to the higher interest rates.  This creates a chain of cascading defaults - one person defaults, which leads another person, and another, and so on.  Everyone was in debt to everyone else, somewhere along the chain.  In order to counteract this deflation (which ultimately leads to the kind of depression you saw in 1930's US), governments will print print print, expanding the credit supply via the banks.  So this is what you see happening today - banks are constantly being bailed out all over the Western world, governments are cutting programs to be able to meet their interest payments, and central banks are expanding credit supplies and bailing out their buddies.  Real money has ZERO counterparty risk.  What is counterparty risk?  It's just the risk that the guy who owes you something won't honor his debt.  Gold and silver and salt and oil aren't IOU's.  So they can be real money.\""}
{"_id": "141570", "title": "", "text": "\"&gt; A lot of \"\"problems\"\" could be solved with an authoritarian government.   Well, that was stupid.  &gt;We let people decide.  Yep, it's called the authoritarian government we have now. Ther government decides, not you. It boarding autocratic.  &gt; If the debt was an emergency, a truly real here and now problem, it'd be solved.   Not when the money in question is fiat and those who  trade with you understand such and are moving to get away from.  You are a wishful thinker.\""}
{"_id": "141579", "title": "", "text": "\"Circa 2002-2005, I was able to successfully \"\"transfer\"\" a balance from a debit card linked to a bank account to a Bank of America Visa credit card. As an example, I could say do a balance transfer from the card XXXX-XXXX-XXXX-XXXX (which was a valid debit card number) to the credit card, and the funds would appear in the checking account within a few days, and also the balance on the credit card would go up the amount plus any balance transfer fee. I think they've sealed off that loophole years ago.\""}
{"_id": "141585", "title": "", "text": "A quick update for people finding this thread through Google. With the help of a few awesome Bogleheads, I compiled all the relevant research done into two Wiki articles: This includes comparing US to Irish domiciled ETFs, how to calculate tax withholding leakage and estate tax concerns. Hope you find this useful."}
{"_id": "141596", "title": "", "text": "\"In my opinion the risk is about the lost opportunity cost. You can find a lot of articles about it on the net. In big shortcut opportunity cost takes place each time you have to choose between two or more options and the tradeoff effect have its price. It is defined as value of best alternative solution. Quite good definition from wikipedia is as follows: In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone, in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made, it is the \"\"cost\"\" incurred by not enjoying the benefit that would be had by taking the second best choice available Note that opportunity cost is not the sum of the available alternatives when those alternatives are, in turn, mutually exclusive to each other \u2013 it is the value of the next best use.  As you probalby think, this situation often happens in financial world, where investors always seek best from their point of view way to invest capital.\""}
{"_id": "141613", "title": "", "text": "Might want to cross-post to /r/financialindependence;  I'm in a similar situation like yours. The problem is that working hard and really hustling it lost a lot of it's primal motivation because the utility of extra money isn't there.   You have to be intrinsically motivated to achieve it, or gain enough satisfaction from the other factors that comes with it (power, ego, etc.). If none of these are super-motivating to you, like it was for me, then you need to find something that is a lot of fun to you, but at the same time still very challenging and the outcome is not certain.   For me it turned out that it was active investing. I can scale it up or down as I please (ie: spend 10 hours on it in a day, then spend no time on it for a day) - there's no employees and no customers, so no schedule I have to keep or person I need to keep happy.   It takes a while to find that, so you just have to give things a go. However, the difference between a hobby and this is that it's A) a challenge and B) you can actually lose. At least for me, that makes it so much more interesting compared to playing computer games, which I also enjoy very much but get bored of if I spend too much time on it."}
{"_id": "141622", "title": "", "text": "You can't buy it outright. You can't take the time to save up. if the remaining choice is between a card that charges from day one, and a card with this kind of grace period, the grace card is the better choice. Plan wisely, pay it in full before that rate starts to be charged. One additional note - There are two groups of people, the pay-in-fullers and the balance carriers. I believe that one should pay in full, and never pay interest.  A zero rate offer can be used by the balance carrier to feel great for 12 months, but have even more debt after the rate kicks in.  As a pay-in-full user, I've used the zero rate to throw $20K at the 5.25% mortgage, and planned a refinance to 3.5% just as it ended. a $750 savings (after the tax effect) well worth the bit of effort.  The fees should be in the fine print. My zero rate had a transfer fee, $50 max, which was nothing in comparison to the savings."}
{"_id": "141627", "title": "", "text": "No, if you purchase it with all taxes and leins dismissed, in Pa, it usually goes up for sale 3 times before they drop all leins and taxes. Before you purchase the house, check eith sheriff and make sure they are selling with the above dismissed, otherwise, you can get youself in a real mess."}
{"_id": "141630", "title": "", "text": "1. Pick hotels/restaurants/bars with your ideal clients.  2. Offer to take/pick up employees to or from work (receptionist/manager/bartender/owner) once a week for free. Anyone who is customer facing can be a great opportunity for your business but try and be smart about this.  3. Build relationships with these people. show them you are kind, courteous, professional, and make it obvious that you speak English well. Smile. This is your opportunity to show them the quality of your service.  4. Ask them for referrals. Give them your business card and make sure there is English on the card. Bring them a snack or a drink the first and second time they send a customer your way.  5. Build stronger relationships with the people who are driving more business to you, and focus your effort on these people. If you get no referrals from someone, then kindly stop giving them free rides.  good luck :)"}
{"_id": "141642", "title": "", "text": "Get another LLC.  Not that hard and well worth it.  I have one business endeavor but have 3 different LLC's to handle the three different aspects of it.  That way, should something go wrong with one of the three (and it has in the past), I can kill it without hurting the entire operation.  Then start another LLC to take over the aspect of the operation that was killed."}
{"_id": "141668", "title": "", "text": "I'm not splitting hairs at all, I'm pointing out that it's impossible to be a globalist in terms of business, and an anti-globalist in terms of government.  A truly anti-globalist government would draw inward, and discourage (or stop) international trade/business, to focus on the domestic economy. That is not what is happening, and in fact, our president and his businesses clearly want to keep reaping the rewards of their international interests. Thus, our president is a globalist."}
{"_id": "141717", "title": "", "text": "The pencil, the wheel, fire, electricity  (wasn't invented but founded) wireless capabilities, the telephone the list goes on and on. I'm not trying to convince you to be apart of the governmentless world all I'm saying is there are better was to collect revenue for a government that don't include theft. Why is that such a hard concept for you to grasp?"}
{"_id": "141736", "title": "", "text": "I once saw Kelly on a Yahoo show and I had no idea who she was. After visiting this website, I now know that she is great personal stylist who is also a talented host. I was also impressed by this particular site on her website: http://www.kellylundberg.co/kelly-lundberg-show-reel/"}
{"_id": "141738", "title": "", "text": "\"About deducting mortgage interest: No, you can not deduct it unless it is qualified mortgage interest. \"\"Qualified mortgage interest is interest and points you pay on a loan secured by your main home or a second home.\"\" (Tax Topic 505).  According to the IRS, \"\"if you rent out the residence, you must use it for more than 14 days or more than 10% of the number of days you rent it out, whichever is longer.\"\"  Regarding being taxed on income received from the property, if you claim the foreign tax credit you will not be double taxed. According to the IRS, \"\"The foreign tax credit intends to reduce the double tax burden that would otherwise arise when foreign source income is taxed by both the United States and the foreign country from which the income is derived.\"\"  (from IRS Topic 856 - Foreign Tax Credit)   About property taxes: From my understanding, these cannot be claimed for the foreign tax credit but can be deducted as business expenses. There are various exceptions and stipulations based on your circumstance, so you need to read the official publications and get professional tax advice. Here's an excerpt from Publication 856 - Foreign Tax Credit for Individuals: \"\"In most  cases,  only  foreign  income  taxes  qualify for the foreign tax credit. Other taxes, such as foreign real and personal property taxes, do not qualify.  But  you  may  be  able  to  deduct  these other  taxes  even  if  you  claim  the  foreign  tax credit for foreign income taxes. In most cases, you can deduct these other taxes  only  if  they  are  expenses incurred  in  a trade  or  business  or  in  the  production  of  in\u00adcome.  However,  you  can  deduct  foreign  real property taxes that are not trade or business ex\u00adpenses  as  an  itemized  deduction  on  Sched\u00adule A (Form 1040).\"\" Note and disclaimer:  Sources: IRS Tax Topic 505 Interest Expense, IRS Real Estate (Taxes, Mortgage Interest, Points, Other Property Expenses) , IRS Topic 514 Foreign Tax Credit , and Publication 856 Foreign Tax Credit for Individuals\""}
{"_id": "141747", "title": "", "text": "I think its close proximity to Chicago is what they're banking on.  There's places around here like that, Palm Springs, for example.  It's a few hours from LA and it's basically where people escape for a weekend to do some golfing. I assume they're setting up a similar situation."}
{"_id": "141785", "title": "", "text": "\"I have absolutely no problem with turning Budweiser into an \"\"American\"\" Fosters (I put \"\"American\"\" in quotes, because it's basically a foreign owned beer brand now).  ...now, if we could just get America to stop drinking that swill.\""}
{"_id": "141804", "title": "", "text": "Speech-to-text and text-to-speech are not new technologies. I'm not sure why Siri is so terrible at doing both.  Also, it's not value-added to the consumer. Siri is a toy that most people try a few times, then abandon after they realize its just a fancy way to search Google."}
{"_id": "141808", "title": "", "text": "\"In the sense I mean, \"\"luck\"\" is that which didn't come from you that, without which, you would not have been successful in the way that you were.  So, being born in the developed world, for instance, is some \"\"luck\"\".  There's also the element of being dependent on an environment existing that you usually are not aware of, but said environment is actually somewhat fragile, and if mistreated, might fall apart on you, making further success therein impossible.  Think of a fish.  Is it \"\"lucky\"\" there's an ocean?  Yes, because if the fish pollute it and suddenly the ocean itself is making them sick and preventing them from being successful, it should be counted as \"\"lucky\"\" that there's an ocean, and the fish ought to do what's necessary to keep their ocean healthy.  Replace \"\"fish\"\" and \"\"ocean\"\" with \"\"person\"\" and \"\"economy/society\"\".\""}
{"_id": "141813", "title": "", "text": "Which I 100% agree with. Opiates are awful horribly addictive substances that are an issue, I'm just saying I don't like the argument that anyone who smokes weed on their time off is a loser. There is a huge divide between opiates and marijuana"}
{"_id": "141816", "title": "", "text": "Just agreeing with you. Most of our debt is owed to ourselves, and through monetary policy we are much more fortunate than other countries to have these controls. I feel bad for the euro zone where it seems Merkel's politics &gt; European economy... but then again if i was a German I wouldnt want to open my wallet to save a Greek either."}
{"_id": "141834", "title": "", "text": "Auto Binary Signals is essentially a flag benefit for double choices dealers. You may have effectively found out about it, cause this flag benefit has been generally publicized on the web. We at QuintUp.com has by and by tried it and discovered amazing outcomes."}
{"_id": "141857", "title": "", "text": "Household budgeting is about giving a job to your money before you spend it.  Having it zero-sum means that you've assigned all your money coming in to whatever tasks you've decided align with your financial priorities. That means that if you start with money in the bank, then that money needs to be assigned jobs as well - it's likely that if it's savings, then its job will be to wait around until needed for things like car repair, home repair, vacation, etc."}
{"_id": "141868", "title": "", "text": "\"In my experience, in a house share situation, it seems to come down to how comfortable the occupants feel and how much of their own space they want.  For example, I've come across lots of situations where someone is renting a room from a live in landlord, but in practice the two housemates (or roommates if you prefer) have equal run of the place and may even share food and hang out together and also the opposite, where people are sharing a property as equals, but tend to stick to their own room and don't share, or even more extreme, where they are technically equals but subject to one or more very domineering housemates (roommates).  This happened to someone I know who was renting with two \"\"friends\"\" but was forced to move out.  I run a website - aimed at lodgers and live in landlords, and house sharers to a lesser degree, mostly from the UK, but relevant everywhere as I deal with much more than legalities and tax. I came across this thread as I wanted to explore the difference in the US between a lodger and a roommate.  From what I gather, the term \"\"lodger\"\" is understood, but the term \"\"roommate\"\" is more typically used to mean a lodger, which in itself suggests a more equal arrangement than in the UK, where we're more used to owning property than renting, and certainly sharing.  However, I believe that if you're letting a room to someone, and they pay you a reasonable rent and respect both you and your home, you should be prepared to treat them as an equal on a day to day basis.  If you're not, then you naturally won't attract either the best rent, or the best lodger/roommate, however desirable the property.\""}
{"_id": "141874", "title": "", "text": "Really no different than the subprime mortgage crisis in a way, you have people who have been given lines of credit that they can just barely afford when things are going well, and then now as soon as business takes a hit for the first time they're up shit creek.  I feel a bit sorry for some of the people caught up in this, I understand that some of these immigrants don't neccesarily have the means to do anything else, and many of them I'm sure don't have the intelligence/education to understand the matter fully (i.e. the 76 year old guy who didn't sell his medallion, dumb move). But at the end of the day you did it to yourself, nobody in this country is forced to take loans at gunpoint."}
{"_id": "141876", "title": "", "text": "You put 20% down and already owe the 80% or $80k, so you don't have the ability to borrow $100k or even $20k for that matter. As LittleAdv stated, the banks have really tightened their lending criteria. Borrowing out more than 80% carries a high premium if you can get it at all.  In your example, you want the property to increase in value by at least 10% to borrow $10K."}
{"_id": "141881", "title": "", "text": "I wish that I could share the same positivity as you, but aerospace is going (I'm a mechanical engineer btw). Boeing has been our biggest airplane producer and the only company to rival airbus, but their production (and design) is being moved to China. https://www.google.com/amp/s/www.forbes.com/sites/lorenthompson/2015/09/23/boeing-to-build-its-first-offshore-plane-factory-in-china-as-ex-im-bank-withers/amp/  What you're talking about with computer tech still being stronger in the US vs China is a common misconception. Though we are a powerhouse worldwide in CS with people all over the world using sites like Facebook and google, China made a smart decision years ago to block these sites and have their own similar sites developed in country. These sites are every bit as powerful and almost as commonly used as their American counterparts.   As far as the language and cultural barriers go this is a barrier that the Chinese are easily and quickly overcoming (just as Korea and Japan had done in the past). China is the biggest international market for consuming American made entertainment and Americans and Europeans are moving in the thousands to China to teach English and teach western customs.(my sister has been teaching English there for the last 3 years)  Finally, the Trump bullshit. I guess you could say you're guess about his lasting effects on our country are as good as mine, but I think we could both agree that they wont be good."}
{"_id": "141894", "title": "", "text": "That's fair, but given the calls in this thread for the share price to drop 15% off this, for wells Fargo to be treated as a criminal Enterprise, etc., these are pretty small numbers considering. About a third of a percent of annual profits is not exactly something to call for the share price to tank, and a lack of effective controls is not a reason to define a long-standing business as a criminal enterprise."}
{"_id": "141928", "title": "", "text": "I would just ask him plain and simple for a shadow opportunity. Just as you said, he has an open door policy and what better way to show it to his employees. And to really hold him to the policy.   As for what questions to ask it depends on what you want out of life. This person is at a very high level so they obviously know a good bit, or at least how to achieve that level. One thing I'd say to do is to not make all of your questions about business. Mix it up and ask him some personal things like his hobbies, but nothing to personal. Try to build a relationship with him in what time you have and maybe this will lead to further opportunities."}
{"_id": "141935", "title": "", "text": "\"The value of getting into the landlord business -- or any other business -- depends on circumstances at the time. How much will it cost you to buy the property? How much can you reasonably expect to collect in rent? How easy or difficult is it to find a tenant? Etc. I owned a rental property for about ten years and I lost a bundle of money on it. Things people often don't consider when calculating likely rental income are: There will be times when you have no tenant. Someone moves out and you don't always find a new tenant right away. Maintenance. There's always something that the tenant expects you to fix. Tenants aren't likely to take as good a care of the property as someone who owned it would. And while a homeowner might fix little things himself, like a broken light switch or doorknob, the tenant expects the landlord to fix such things. If you live nearby and have the time and ability to do minor maintenance, this may be no big deal. If you have to call a professional, this can get very expensive very quickly. Like for example, I once had a tenant complain that the water heater wasn't working. I called a plumber. He found that the knob on the water heater was set to \"\"low\"\". So he turned it up. He charged me, I think it was $200. I can't really complain about the charge. He had to drive to the property, figure out that that was all the problem was, turn the knob, and then verify that that really solved the problem. Tenants don't always pay the rent on time, or at all. I had several tenants who apparently saw the rent as something optional, to be paid if they had money left over that they couldn't think of anything better to do with. You may get bad tenants who destroy the place. I had one tenant who did $10,000 worth of damage. That include six inches deep of trash all over the house that had to be cleared out, rotting food all over, excrement smeared on walls, holes in the walls, and many things broken. I thought it was disgusting just to have to go in to clean it up, I can't imagine living like that, but whatever. Depending on the laws in your area, it may be very difficult to kick out a bad tenant. In my case, I had to evict two tenants, and it took about three months each time to go through the legal process. On the slip side, the big advantage to owning real estate is that once you pay it off, you own it and can continue to collect rent. And as most currencies in the world are subject to inflation, the rent you can charge will normally go up while your mortgage payments are constant.\""}
{"_id": "141939", "title": "", "text": "In addition to the other answers, which cover the risks of what is essentially leveraged investing, I'd like to point out that the 2.6% penalty is a flat rate. If you are responsible for withholding your own taxes then you are paying tax four times a year. So any underpayment on your first quarterly tax payment will have much more time to accrue in the stock market than your last payment, although each underpayment will be penalized by the 2.6%. It may make sense for someone to make full payments on later payments but underpay on earlier ones."}
{"_id": "141949", "title": "", "text": "Math - The half-match is 3% or $3900. After 5 years, $19,500.  If you stay, you are vested, and have $20K (I hope it's actually far more) extra. For you, it's like 2 month's salary bonus after 5 years.  If you leave early, the good news is that even if the expenses within the plan weren't great, you have the money you put in, along with what vested so far. You move that to an IRA and choose your own thrifty funds or ETFs.  For me (as Duff said, there's no one answer, so to be clear, this is my feeling, or preference, not gospel) 6% is far too little to save as a percent of my income. So if the 401(k) fees ran say .8% or higher, I'd put in the 6% to get the potential match, and then save on the side.  Our answers might change slightly depending on the exact fees you're exposed to."}
{"_id": "141960", "title": "", "text": "\"&gt; No, it's realistic to try...  I disagree.  I think most minimum wage people would better off investing in lottery tickets.  (And I think lotteries should be illegal).  &gt; I'm not 100% on clear on why some new businesses succeed and some fail.  Let me give you some reasons why a minimum wage person will almost certainly fail when trying to start a business:  * No skills -- If they had skills to offer they wouldn't be making minimum wage.  * No product -- Few minimum wage workers are in positions where they are working with a product they have the ability to improve, a-la Eli Whitney.  This means any company they start would need to be selling a skill, not a product, but then see \"\"No skills\"\".  * No business savvy -- A business takes a minimum of three diverse skill sets (administration, marketing, product).  Again, \"\"No skills\"\".  If this person did have some skills (s)he would still need friends to fill in the gaps.  * No time -- Many people working minimum wage have other responsibilities (kids or second jobs).  They simply do not have the cycles to invest in a new business.  * No starting capital -- Since they work minimum wage they have no money.  With no money they can't afford tools needed to make or provide their product.  The also can't afford to go without a paycheck as the business ramps up.  * Barriers to entry -- Existing companies will defend their customers and protect their market share.  The local store will chase you away if you try to sell lemonade in front.  You would need to buy a storefront or booth but \"\"No starting capital\"\".  In addition, any good storefront or booth is already taken by the bigger guys so you're going to get poor traffic in whatever you get.  * Bad information -- There are many companies whose business is to take advantage of low-wage entrepreneurs and push terrible ideas.  These people become disillusioned pushing bad products or getting into multilevel marketing schemes.\""}
{"_id": "141962", "title": "", "text": "As someone who spent the first 20 years of their life living in and around the city (with family working in multiple casinos) I wonder how many of the people commenting here actually have a grasp of what's going on in Atlantic City. While not totally off, the generalizations and explanations from several people who appear to have never set foot in the state -- much less the city -- do not come close to covering what has gone on in Atlantic City for decades."}
{"_id": "141973", "title": "", "text": "Couple of thoughts...  Opposition research is valuable to campaigns.  They spend millions of dollars developing it.  So it definitely has value.  I don't believe it has to be cash or equivalents to be illegal.  Foreign governments could just buy air time for candidates.  It's the same thing.  Don Jr may *not* have actually gotten anything of value.   That is uncertain.  No one knows what happened in the room.  He *did* demonstrate an intent to get that thing, and collude in the process.   We don't know, so that's why you investigate.  It's entirely possible that Don Jr tried to collude, but failed.    I also think there's reason for suspicion about the content of the meeting.  First it was about adoption.  Then it was something else (I can't remember the exact timeline of explanations).  If it was innocuous, there would have been one unchanging story."}
{"_id": "141977", "title": "", "text": "&gt; If there was, we probably wouldn't be having this conversation.  personally, i haven't been to walmart in probably six years, despite living in cities. i buy my necessities at my grocery store, since i'm already there to buy food. i use amazon a lot. i think the problem of monopoly (i'm using this term loosely - walmart isnt technically a monopoly) will be fixed with cultural improvement. people will become more aware and smarter. people will become richer and care more about a company's human rights record, environmental record, etc. but for now, walmart is a good company. it provides a lot of people with cheap products, which allows them to have a better life and spend money on other things. the main problem IMO is that the govt/fed has caused our economy to self-destruct. so people are eager to get low prices. if the govt were smaller (something i assume you are against), our economy would get better, and poor people would be better off. ron paul and libertarians DO believe their beliefs are best for the poor."}
{"_id": "141983", "title": "", "text": "+1.  Most ETFs (namely the passive index-tracking ones) will be taking liquidity via market on close orders, since they absolutely need to be filled.  Active ETFs, which may have more discretion, may be able to provide liquidity during the day based on market conditions and get rebates that way."}
{"_id": "141993", "title": "", "text": "I'm suggesting she be displayed and deployed in front of either the Washington Monument or Lincoln Memorial. I'm leaning toward the Lincoln Memorial but I'm open to suggestions from the focus group as well as input from a capable lighting designer. Experience in the horror genre may be useful but not nessesarily required."}
{"_id": "142004", "title": "", "text": "\"I don't mean to be flippant, but why not try \"\"titster\"\" or similar and see if the first three characters are the issue. If it's accepted, than you should ask the bank why they are discriminating against your religious beliefs. If it's rejected, then you know they are going overboard on avoiding certain words.\""}
{"_id": "142024", "title": "", "text": "They are still here, quietly rubber-stamping every single spending increase/tax cut Trump wants.  Just like they did with George W. Bush.  (75% increase in federal spending over 8 years).  Didn't hear those deficit hawks back then either."}
{"_id": "142059", "title": "", "text": "Private Mortgage Insurance. It's money that you pay to an insurance company to make the lender whole in the event that you go into default. It's a real waste of money for you. If you are trying to finance more than 80% of the value of a home, a standard mortage is likely to require that you get PMI. Nowadays there are other options which involve paying substantially more interest."}
{"_id": "142063", "title": "", "text": "\"&gt; \u201cAmericans are temporarily embarrassed millionaires in waiting.\u201d  This shit !!! As Romney said: its not about the 1% versus the 99%, it is the 57% of makers (himself alongside struggling middle class) against the 43% takers (those who are the real threat to middle class).  It's not anymore about \"\"stability\"\" or \"\"job security\"\", but \"\"making it big\"\". There is an over-glorification and even idealization of multi-millionaires which is unhealthy, leads to their further exploitation, and inequalities.\""}
{"_id": "142075", "title": "", "text": "People thought they were being responsible by getting their degree in the first place and are unable to find a job afterward. Do you think their lacking the ability to repay huge loans with no income is them being irresponsible?"}
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{"_id": "142095", "title": "", "text": "In this case it is probably best to have a separate line for each degree, since they were not earned at the same time.  You can probably find some examples by searching around. I am USA based so you might also want to check if there are regional differences in layouts.  My input is based on USA styles."}
{"_id": "142110", "title": "", "text": "\"He didn't sell in the \"\"normal\"\" way that most people think of when they hear the term \"\"sell.\"\" He engaged in a (perfectly legitimate) technique known as short selling, in which he borrows shares from his broker and sells them immediately. He's betting that the price of the stock will drop so he can buy them back at a lower price to return the borrowed shares back to his broker. He gets to pocket the difference. He had about $37,000 of cash in his account. Since he borrowed ~8400 shares and sold them immediately at $2/share, he got $16,800 in cash and owed his broker 8400 shares. So, his net purchasing power at the time of the short sale was $37,000 + $16,800 - 4800 shares * $2/share. As the price of the stock changes, his purchasing power will change according to this equation. He's allowed to continue to borrow these 8400 shares as long as his purchasing power remains above 0. That is, the broker requires him to have enough cash on hand to buy back all of his borrowed shares at any given moment. If his purchasing power ever goes negative, he'll be subject to a margin call: the broker will make him either deposit cash into his account or close his positions (sell long positions or buy back short positions) until it's positive again. The stock jumped up to $13.85 the next morning before the market opened (during \"\"before-hours\"\" trading). His purchasing power at that time was $37,000 + $16,800 - 8400 shares * $13.85/share = -$62,540. Since his purchasing power was negative, he was subject to a margin call. By the time he got out, he had to pay $17.50/share to buy back the 8400 shares that he borrowed, making his purchasing power -$101,600. This $101,600 was money that he borrowed from his broker to buy back the shares to fulfill his margin call. His huge loss was from borrowing shares from his broker. Note that his maximum potential loss is unlimited, since there is no limit to how much a stock can grow. Evidently, he failed to grasp the most important concept of short selling, which is that he's borrowing stock from his broker and he's obligated to give that stock back whenever his broker wants, no matter what it costs him to fulfill that obligation.\""}
{"_id": "142132", "title": "", "text": "\"Amway is the quintessential multi-level marketing business. It's the legal equivalent of a pyramid scheme. Basically, you put up a bunch of your own cash (or a little, depending on the current market) and then essentially become a sales force of one for selling their crap. The kick comes in when you realize that there is little money in selling amway products but instead in setting up and recruiting people to do it for you. That's the crux of multi level marketing, you constantly foist the sales work onto other folks and move higher up the \"\"pyramid.\"\"   Plenty of other companies like Mary Kay, doterra, thirty-one, pampered chef, etc. do this crap.\""}
{"_id": "142136", "title": "", "text": "\"&gt;  The Author clearly has no freaking idea what the hell he is talking about.  I have an idea of what's going on.  And my experience comes from earlier in my career, when I acted as an execution trader at several hedge funds.  Rebates are offered by the exchange so that the exchange can make money.  It isn't a public service or some great sacrifice.    Let me tell you how it works:  Somebody at XYZ exchange/bank takes you out for a nice steak dinner.  Then maybe they take you to the strip club.  There may be some blow involved.  If the broker is particularly nice, they'll pay for an experience in the *actual* \"\"champagne room.\"\"    Then you go back to your desk on Monday, look at the flows you're disbursing to various brokers and exchanges, and make your \"\"adjustments\"\" based on how much you enjoy hanging out with the broker/salesperson.  Oh, and of course the \"\"rebates.\"\"  Which to you barely make a difference, because you're just an execution trader.  You aren't in it to make money.  The analysts don't know what you're doing, and there's a good chance that the PM doesn't, either.   It's easy to do, because tracking \"\"best execution\"\" is beyond the comprehension of the SEC.  Oh, if they only knew...and could actually act on it.  But we all know they don't really want to, because almost to a man they're each waiting for their turn at the revolving door that will usher them on to a lucrative private sector career.\""}
{"_id": "142146", "title": "", "text": "Well that will depend on the time frame you are looking at it. You can't compare the RSI on a five minute chart to the RSI on a daily chart. The minute chart would represent the momentum of very small trends whilst the daily chart would represent the momentum of much larger trends. On the daily chart the shares might be experiencing a strong uptrend with a rising RSI. During each day the price might move up at the open then come down some, then back up a bit more and repeat this several times during the day before closing higher. During the day the RSI might have moved slightly higher.  But during a single day on the 5 minute chart the price may have gone through several up and down trends, with the RSI going into oversold and overbought several times. What you should be looking at to strengthen the signal from the RSI is to watch for when the RSI is in the overbought at the same time the price is reaching a peak, or when the RSI is in the oversold at the same time the price is reaching a trout. These could represent potential turning points in price. The time frame to use would depend on the type of trading you are attempting to undertake. If you prefer day trading (being in and out of a trade in minutes to hours) you might look at time frames of minutes to hours. If you prefer longer term position, trend or swing trading you would probably stick to daily charts. If you prefer longer term active investing you might stick to a combination of daily, weekly and monthly charts."}
{"_id": "142151", "title": "", "text": "If this is the case then it will never get past the Senate. It requires 67 votes to be approved for ratification. Negotiators know this. Anything that they think will prevent passage by the Senate will not be in the final draft of the agreement. It's not like they can just sneak this past the Senate and the people. They can only keep the negotiations secret, the full agreement will be public and hotly debated well before it would be put to a vote in the Senate."}
{"_id": "142153", "title": "", "text": "\"Unfortunately too many companies view a Mail in rebate as an unwelcome cost instead of as a customer interaction issue, and it gives the company a bad reputation when someone gets stiffed on the mail in rebate, and it also has basically ruined the concept to a large degree. Many people will simply regard the rebate as worthless and evaluate the product based on the full price - killing what the company wanted to get out of it (Rich Seller hit the nail on the head), which is why you see \"\"instant rebates\"\" etc.\""}
{"_id": "142154", "title": "", "text": "Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [\u041f\u0440\u043e\u0435\u043a\u0442\u044b, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u043f\u043b\u0430\u0442\u044f\u0442! \u0422\u043e\u043f \u0441\u0430\u0439\u0442\u044b \u043f\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0443 \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435! \u041a\u0430\u043a \u0431\u044b\u0441\u0442\u0440\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0434\u0435\u043d\u044c\u0433\u0438](https://youtu.be/OgqbHXWMJIw)|\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 \u0412\u0435\u043a\u0442\u043e\u0440|2017-09-02|0:03:07|0+ (0%)|1  &gt; \u00a6 \u0421\u0441\u044b\u043b\u043a\u0438 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u0438 \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445: | Bitradio:...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=dmgssaa\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v2.0.0"}
{"_id": "142188", "title": "", "text": "1. It doesn't have an almost perfect negative correlation - its value decays very fast because of time.  In fact, something like 80% of options expire worthless.  They typically have a lifespan of 30-90 days and unless you're using them as a way to earn excess return, you'll likely just throw away your premium.  2. You're also making some assumptions about correlation and risk/reward.  You won't become wealthy by distributing risk, all you can hope for is less volatility - maybe that's what you're looking for - but you can also expect your return to be less than the market over almost any period of time.  3. Options aren't really for diversifying.  Furthermore, why diversify?  It's a myth that it adds any value.  There's around a 90% correlation for all asset classes since around 2000, so you're being sold some blue sky if someone tells you otherwise.  4. Look up prices of put options.  1-2% of your portfolio might buy you a handful of options, but again, there's a high probability you'll lose that 1-2% entirely every 30-90 days."}
{"_id": "142201", "title": "", "text": "IRS Pub 561 says you have to use fair market value.  You cannot simply use a depreciated value. You should attempt to determine what people normally pay for comparable items, and be prepared to defend your determination with evidence in the event of an audit."}
{"_id": "142209", "title": "", "text": "As a 20 year old who has just started earning enough to save, I suggest showing them the different types of lifestyles they could live in the future if they started saving now versus what their life would be like if they didn't save at all. Try showing them actual dollar values as well so it's not just an arbitrary idea."}
{"_id": "142242", "title": "", "text": "\"I haven't dealt with this kind of thing in any way, but I found some quotes from IRS publications which I think are relevant and hopefully help. Your scenario sounds to me like a Qualified Tuition Reduction as described in Publication 970 Tax Benefits for Education. It appears the rules are different for graduate study as opposed to pre-graduate work, though I don't see anything about any dollar amount limit. There are various requirements and exceptions, so hopefully reading through that section of the publication can help you understand whether the benefit is supposed to be taxable. If taxable, it should show up on your W-2 like any other income: Any tuition reduction that is taxable should be included as wages on your Form W-2, box 1. Report the amount from Form W-2, box 1, on line 7 (Form 1040 or Form 1040A) or line 1 (Form 1040EZ).  It doesn't appear that there is any special designation or box for the tuition reduction as opposed to \"\"normal\"\" work, it just is income that's been earned like any other. If you need guidance on how much of the income is for \"\"normal\"\" work and how much is for the tuition reduction, you probably need to see if you can figure it out from her pay stubs, or contact the university's HR department. Well, looking through the credits I see in Publication 970, there appear to be two possible credits: The \"\"American opportunity credit\"\" section, under \"\"No double benefit allowed\"\", says things like (my emphasis added): You can't do any of the following.  \u22ee My understanding from reading through the section is that expenses are only excluded if they were tax-free, so that there can't be a double-dipping of benefits. If they're included as taxable income, I think they would count under your second interpretation, that the employer paid them like any other income, and your wife spent them as educational expenses just like other students, and they would qualify for educational credits. In fact, it explicitly states: Don't reduce qualified education expenses by amounts paid with funds the student receives as: Which sure sounds to me that anything that counts as W-2 Box 1 \"\"Wages\"\" would be payments received that then the expenses were logically paid separately from. The other credit, the \"\"Lifetime Learning Credit\"\", appears to use identical language (No double benefits; and don't reduce by wages). Obviously this is just from my looking through Publication 970; there may be more nuances here and for \"\"real\"\" advice you may want to speak more to the university HR department (who perhaps have dealt with this before) and/or a real tax advisor. You might also see if you can get any sort of a \"\"receipt\"\" or even a Form 1098-T from the university of what amount was paid on your wife's behalf, to help document it is truly that she was just paid more wages and spent them on classes as far as tax law is concerned.\""}
{"_id": "142254", "title": "", "text": "\"can you expand on what some of these opportunities have been? Unless you are possibly in sales, I can't think of anything other than the obvious \"\"network your way into a better job\"\" opportunities. It sounds like you are referring to something completely different, though.\""}
{"_id": "142259", "title": "", "text": "\"Is any article painting a company's policies in a positive light by difinition a \"\"spin piece\"\"? Costco has been paying their employees more than their competitors for ages as it leads to better productivity and less turnover. Try looking at the world in a less cynical light, you'll be happier for it.\""}
{"_id": "142265", "title": "", "text": "\"JoeTaxpayer nailed it.  Here's another way to look at it: Generally, we invest in something, then might leave it there for a few years, then take it out, but don't touch it in between.  In that case, to get the final amount X(N), we need to take the initial amount, then multiply by growth in the first year, then multiply by growth in the second year, etc. So, for three years, we have: X(3) = X(0) * G(1) * G(2) * G(3) = X(0) * \"\"average annual growth\"\" ^ 3 So, here, we see that we want the average annual growth to the power three equal to the product of the annual growth rates, thus, geometric mean: geometric mean = (G(1) * G(2) * G(3)) ^ (1/3) On the other hand, consider a situation where I have three investments X,Y,Z over one year. Now I have, after one year: X(1)+Y(1)+Z(1) = X(0)*G(1,X) + Y(0)*G(1,Y) + Z(0)*G(1,Z) = ( X(0)+Y(0)+Z(0) ) * \"\"average annual growth\"\" Now, in this case, if we assume X(0) = Y(0) = Z(0) = 1, i.e. I put equal amounts in each, we see that the average annual growth rate we want in this case is the arithmetic mean: arithmetic mean = (G(1,X) + G(1,Y) + G(1,Z)) / 3 (if we had unequal amounts at the beginning, it would be a weighted average). TL;DR:\""}
{"_id": "142281", "title": "", "text": "A few things you might run into:"}
{"_id": "142314", "title": "", "text": "Banks want to be paid back, and if you don't, then want to be able to sell your property for enough money to cover what you didn't pay back. Your credit rating will determine the interest rate you pay, and this affects how much you can borrow because a higher interest rate means that you can borrow less on the same terms than you could with a lower interest rate. Paying 50% down will bring your payment way down, of course, and will improve everything about your loan (debt to income ratio, debt to equity) but you'll likely still be charged the higher interest rate based on your credit rating. This, of course, is contingent on the property's value appraising properly."}
{"_id": "142320", "title": "", "text": "\"Most articles on investing recommend that investors that are just starting out to invest in index stock or bonds funds.  This is the easiest way to get rolling and limit risk by investing in bonds and stocks, and not either one of the asset classes alone.   When you start to look deeper into investing there are so many options: Small Cap, Large Cap, technical analysis, fundamental analysis, option strategies, and on and on.  This can end up being a full time job or chewing into a lot of personal time.  It is a great challenge to learn various investment strategies frankly for the average person that works full time it is a huge effort.  I would recommend also reading \"\"The Intelligent Asset Allocator\"\" to get a wider perspective on how asset allocation can help grow a portfolio and reduce risk.  This book covers a simple process.\""}
{"_id": "142333", "title": "", "text": "I didn't say it *is* common but that it's getting so. The job market is brutal so people are looking for everything to get an advantage thus we're seeing the classic devaluation by commonality. A CFA will be worth less going forward just given the sheer number of people who seem to be studying/taking at least level I."}
{"_id": "142358", "title": "", "text": "There are millions of websites available on the Internet but only a few stand-out and build their reputation in the online world. The overall design, look and feel of the website has a major role to play in this. Intelligent designs involve many other aspects than just creativity."}
{"_id": "142360", "title": "", "text": "What's your background? Or what is it that gives you the impression that those things are not meaningful?  It just seems like a bizarre thing to say to me and I'm trying to see if we have just different backgrounds or if there's something else at play to account for our clearly different perspectives."}
{"_id": "142377", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/utricksblog] [Fastest trains in Africa reportedly set to be shipped to Nigeria from China (photos) .](https://np.reddit.com/r/UtricksBlog/comments/70psd5/fastest_trains_in_africa_reportedly_set_to_be/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "142383", "title": "", "text": "What's crazy is that you hear a lot (comparatively so) about energy buyers and sellers, but not about the actual distributors. Its like being the stooge for the middle man. You think you are going to make good money, but its nothing compared to the big guy."}
{"_id": "142394", "title": "", "text": "Proper packaging is vital for delivering the products safely to the customer. On the other hand, going overboard on the packaging heightens the overall cost of the product, which may draw the customer away. So, it is essential to find the most secure but cost-effective boxes and packaging for your goods."}
{"_id": "142401", "title": "", "text": "It depends.  If you accept the offer, then your stock will cease existing.  If you reject the offer, then you will become a minority shareholder.  Depending on the circumstances, you could be in the case where it becomes illegal to trade your shares.  That can happen if the firm ceases to be a public company.  In that case, you would discount the cash flows of future dividends to determine worth because there would be no market for it. If the firm remained public and also was listed for trading, then you could sell your shares although the terms and conditions in the market would depend on how the controlling firm managed the original firm."}
{"_id": "142433", "title": "", "text": "I think you should consult a professional with experience in 83(b) election and dealing with the problems associated with that. The cost of the mistake can be huge, and you better make sure everything is done properly. For starters, I would look at the copy of the letter you sent to verify that you didn't write the year wrong. I know you checked it twice, but check again. Tax advisers can call a dedicated IRS help line for practitioners where someone may be able to provide more information (with your power of attorney on file), and they can also request the copy of the original letter you've sent to verify it is correct. In any case, you must attach the copy of the letter you sent to your 2014 tax return (as this is a requirement for the election to be valid)."}
{"_id": "142436", "title": "", "text": "I don't know much about the convertible debt space, but it seems like this regulation may be a positive sign that the government is being proactive in preventing financial institutions from developing overly complex debt structures (at least on an on-going basis) that get the global economy back into trouble.  Does anyone with a more informed opinion than my own have something to share?"}
{"_id": "142457", "title": "", "text": "\"What's funny is this scam was like a plot the villains used in some American comedy movie about politicians I can't remember the name of. They were trying to bring entire factories of Chinese people here to work. Made a big joke out of it saying they called it \"\"insourcing\"\". Funny that it's actually a reality that has already destroyed wages for construction workers, and IT.\""}
{"_id": "142460", "title": "", "text": "\"I hate \"\"10% of the difference\"\" idea. It's only real value is in words, for example:  BB has a TV for 599. Newegg has it for 579. Best Buy matches, takes 10% of the difference off, and you pay $577 + tax. Still not cheaper :/\""}
{"_id": "142470", "title": "", "text": "To be clear, the fed or the poll didn't say the economy got worse.  And it certainly didn't say that QE caused the weak economy.  It's just a survey of opinion.  And since it's the first one we don't know if people's opinion is getting better or worse."}
{"_id": "142490", "title": "", "text": "Whirlpool Refrigerator Service Center in Hyderabad.LG, GODREJ, VIDEOCON Gas Refilling Cooling Compressor Ice Problem Best Home appliance service center in Hyderabad.our service center guys will provide you one stop service purpose for all of your electronic Best Home appliances. Whirlpool Refrigerator service center in Hyderabad is the best service good service center in Hyderabad just call our phone numbers 040-60506610,60506611,60506622"}
{"_id": "142528", "title": "", "text": "The best thing about online dating sites is that you can easily meet your match online without much difficulty. Getting to know people online is easy and fun! There are many ways you can search: from age, religion, personality, character, online preferences, various fetishes, adult requirements and much more. With localtemptation, anything is possible."}
{"_id": "142536", "title": "", "text": "Problems with your plan (in no particular order) there is a limit, once they have decided that you have enough credit they won't offer any more. If the economy changes (like it did in 2008) they can reduce the limit on existing accounts. If you don't use them, they may decide to close them. Using existing cards will encourage the bank to increase the limit on that card. opening cards can make some lenders nervous. Having a new card close to when you are applying for a mortgage or a car loan can make them less likely to lend you the max. You have to decide: Are you trying to buildup your credit limit? or your credit score?"}
{"_id": "142561", "title": "", "text": "yes you can open bank account you should have a address in us and personally visit bank to deposite $1500 only to get you a debit card.you are required to maintain min balance of $1500 only. I have done it"}
{"_id": "142582", "title": "", "text": "His credit is likely impacted already for the fact it's in collection. My real concern is that he be 100% certain the debt collector actually has ownership of the debt. At first glance this sounds like it may be a scam, but if the debt was written off, it may have been sold for pennies on the dollar. So to the collector 20% of face value is a tidy profit."}
{"_id": "142585", "title": "", "text": "Hmm...this keeps happening, big numbers to you and I - but not so big as a deterrent or anything to stop them in the future. People in China and other countries will lie cheat and steal to move forward and get death sentences, does anyone really think a fraction of the profits fine will change anything?"}
{"_id": "142592", "title": "", "text": "\"I think this gets at why some of us are becoming concerned about the volume (or more importantly the portion) of HFT in capital markets these days. You have algos trading based on \"\"technical trends\"\" which are increasingly just the behavior of other algos. Rinse and repeat. At a certain point it just becomes a feedback loop.  Now, I agree that there's no reason to be scared of HFT simply because its new or fast, which is what I think threatens a lot of people. But the problem is that the economic and social utility of markets arises from their being information aggregation engines. If it gets to the point where most of the price action is driven by algos which are trading solely based on a few minutes of technical data, no new information is being contributed to the price discovery process.   Now, it may be that a certain amount of \"\"meta-information\"\" can be discovered from pattern analysis of short term technical history. But it seems to me this information is more limited in both quality and quantity compared to the information inputs of thoughtful humans acting on a reasoned analysis of economic and other world events.\""}
{"_id": "142599", "title": "", "text": "I tried automation and it didn't work as well. Automation is great if you want to sell or buy when a stock drops or rises; however, automation is terrible for day trading. Specifically because it is impossible to automate a program to scan every news feed. Even then, automation is only if you want to be the effect of a rise or drop in the market. A stock rises or drops and you sell or buy. The problem that arises is that it is nearly impossible to make money off of automating trades. You need to buy the stock before it rises and sell it before it drops. There is no way any program will ever be able to do that accurately."}
{"_id": "142613", "title": "", "text": "For cross-border transactions like this you should really take advice from an accountant or lawyer who specialises in them, because there may be tax treaties between the two that complicate the situation. However, in general borrowing money doesn't have tax implications in itself, and there's no limit as such. You do need to consider the following points: If this is zero or less than you could plausibly get commercially, your friend is effectively giving you the difference between the interest rates. If your friend in Korea has a connection to the US she or he may be subject to the gift tax. In practice this only matters if the total amount of gifts they give to anyone over their lifetime plus the size of their estate over their lifetime is large. Non US-persons are exempt though if the amounts are large enough they may need to be reported. Financial institutions are generally required to report large international transactions (typical thresholds are around $10,000) for scrutiny by the government, in case the transaction is related to something illegal. This shouldn't be a problem in itself but you should be aware it'll happen. It shouldn't make any difference how you transfer the money, but it would be wise to get as much documentation as possible in case of later questions. The best place to get further advice would be the US bank you'll be transferring the money into initially. This is really a question for a lawyer given the cross-border nature of the transaction, but you and your friend should sign a contract specifying how and when the loan will be repaid. Your friend should also consider setting up the loan as a mortgage and taking a charge on your home. Even if your friend trusts you, a charge on the home will protect him or her in the event of you having financial problems and another creditor laying claim to the home."}
{"_id": "142623", "title": "", "text": "\"You need to hire a tax professional and have them sort it out for you properly and advise you on how to proceed next. Don't do it yourself, you're way past the stage when you could. You're out of compliance, and you're right - there are penalties that a professional might know how to mitigate, and maybe even negotiate a waiver with the IRS, depending on the circumstances of the case. Be careful of answers like \"\"you don't need to pay anything\"\" that are based on nothing of facts. Based on what you said in the question and in the comments, it actually sounds like you do have to pay something, and you're in trouble with the IRS already. It might be that you misunderstood something in the past (e.g.: you said the business had filed taxes before, but in fact that might never happened and you're confusing \"\"business filed taxes\"\" with \"\"I filed schedule C\"\") or it might be the actual factual representation of things (you did in fact filed a tax return for your business with the IRS, either form 1120 of some kind or 1065). In any case a good licensed (CPA or EA) professional will help you sort it out and educate you on what you need to do in the future.\""}
{"_id": "142631", "title": "", "text": "As a general rule of thumb, age and resiliency of your profession (in terms of high and stable wages) in most cases imply that you have the ABILITY to accept higher than average level of risk by investing in stocks (rather than bonds) in search for capital appreciation (rather than income), simply because you have more time to offset any losses, should you have any, and make capital gains. Dividend yield is mostly sough after by people at or near retirement who need to have some cash inflows but cannot accept high risk of equity investments (hence low risk dividend stocks and greater allocation to bonds). Since you accept passive investment approach, you could consider investing in Target Date Funds (TDFs), which re-allocate assets (roughly, from higher- to lower-risk) gradually as the fund approaches it target, which for you could be your retirement age, or even beyond. Also, why are you so hesitant to consider taking professional advice from a financial adviser?"}
{"_id": "142637", "title": "", "text": "\"Did you actually read the links? One said \"\"Our car amassed quite the repair r\u00e9sum\u00e9 during the last 17 months.\"\" and the other was titled \"\"Consumer Reports' Tesla Model S has more than its share of problems\"\". Edmunds and Consumer Reports are pretty well recognized companies.\""}
{"_id": "142645", "title": "", "text": "\"It is definitely legal, however none of such expenses will be allowed as a tax deduction for the corporation. Basically, you'll end up paying more to maintain the entity and pay taxes on its income (the rent you're paying to yourself as a corporation) at corporate rates, for no apparent benefit. Being the director/executive in the corporation will make you liable for whatever the corporation is liable, so liability isn't going away. The reason corporation is considered \"\"limited liability\"\" for owners is because shareholders are shielded from the corporate liability. Not directors or executives (which are explicitly not shielded).\""}
{"_id": "142653", "title": "", "text": "\"The monthly bill should reduce as required by Loan A no longer requiring payment. This will occur only when Loan A is fully payed off, not before. If you're going to do this, make sure you tell them that any extra money is principal reduction, and not \"\"prepayment\"\"  Lets say you do pay off loan A, and you continue to pay $11 a month.  If you specify \"\"principle reduction\"\" for the $1 extra, they must reduce the loan balance by $1.  If you do not specify, or you specify \"\"prepayment\"\", they \"\"may\"\" apply $0.20 to principal reduction and $0.80 to interest.\""}
{"_id": "142658", "title": "", "text": "It's still tax-deferred savings, unless the fees are terrible it's going to be better than investments that aren't tax deferred."}
{"_id": "142659", "title": "", "text": "\"This popped up on /r/health recently.    One thing that I'd point out:  the assertions that you'll suffer just as much from slow diets as crash ones are speculative; toward the end of the article, it notes that \"\"Proietto is now conducting a study using a slower weight-loss method and following dieters for three years instead of one.\"\"  Obviously, n=1, but it doesn't jibe with my experience.  I got fat.  Didn't like it.  I started eating a diet where I would lose weight slowly and exercising a little more.  Now I'm not fat.  I eat a quantity of food pretty much commensurate with my caloric expenditure, I don't spend my days starving and thinking constantly about food, and enjoy exercising regularly.  This effect if it exists is definitely not universal.\""}
{"_id": "142660", "title": "", "text": "It's always sad for the employees, a lot of them have been working there for years.        Liquidation sales are also a nightmare.  Lots of employees are leaving because they found another job and the ones left are stuck with all the mess.  I wish them good luck!"}
{"_id": "142668", "title": "", "text": "Mindfulness is the psychological process for freshens the mind and beat the anxiety and depression .It is the form of meditation which provided for the depressed and mentally disturbed person. Enlightened Buddha provides you course of mindfulness for refreshing your mind and solve your mentally problem. By this change your perspective and thought and increase your capability for making decision."}
{"_id": "142679", "title": "", "text": "Certainly some channels like History (tbf it was always a little crappy) and Discovery turned to total crap but stations like FX and AMC went from showing shitty 80's movies to producing some of the best original shows of all time.   Sci-fi has gone mostly shit, but it still does sci-fi original programming.   Really, DVDs, DVR and Netflix have ruined rerun value. Networks can only make money on new stuff. So they show shit most of the time, and go to good stuff of a couple hours a week."}
{"_id": "142691", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Here's Walmart's Latest Attempt at Making Life Easier and Getting You Off Amazon](https://np.reddit.com/r/talkbusiness/comments/77zn6v/heres_walmarts_latest_attempt_at_making_life/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "142696", "title": "", "text": "Disclosure - I love Jack Bogle. Jack basically invented the index fund, and as a result, let the common investor have an opportunity to choose a long term return of (S&P-.05%) instead of losing nearly 2% that many funds in that day charged. The use of index investing has saved investors many billions of dollars.  The 1% round trip, total cost to buy/sell, was common. Fees for trading have since dropped. I happen to use Schwab who charges $9 for a trade. On $100,000, this is not .5% ($500) but less than .01%. I think it's safe to say that billion dollar mutual funds are paying even less for trades that I do. I believe Jack's example here is a combination of old data and hyperbole.  The cost is not so much for the trades, per se, but for the people managing the fund. An index fund has a manager of course, but it's pretty much run by a computer."}
{"_id": "142726", "title": "", "text": "Technical analysis is insufficient. You're halfway to figuring it out if you start to question why a 50 day moving average vs 200 vs 173. Invest in companies that are attractively valued vs. their sales/growth/divends/anythingelsereal"}
{"_id": "142735", "title": "", "text": "There is a company that will sell you single paper shares of stock for many companies and handle framing. But you pay a large premium over the stock price. Disney stopped doing paper share certificates a while ago, but you should be able to buy some of the old ones on eBay if you want."}
{"_id": "142739", "title": "", "text": "\"&gt; Why do people act as if the minimum wage was created for high school students who are working part time?   I don't know. The minimum wage was created to protect unions from cheaper labor undercutting their monopoly on labor.  &gt;\u201cNo business which depends for existence on paying less than living wages to its workers has any right to continue in this country...By living wages, I mean more than a bare subsistence level \u2014 I mean the wages of a decent living.\u201d - FDR  \"\"Round up the people with the slanty eyes and yellow skin and put them in internment camps.\"\" -FDR\""}
{"_id": "142743", "title": "", "text": "i would just google it and shit like that. How did you even get this interview and you have no idea what its about. I would kill for an opportunity like this and i would be scavenging the internet looking up all kinds of information about this position."}
{"_id": "142754", "title": "", "text": "I have a basic template for creating a balance sheet, cashflow statement and P&amp;L.   From here you can put in your assumptions, and expenses, then plug in your forecasted revenue (which you need to create on a separate spreadsheet. Would something like this help?"}
{"_id": "142779", "title": "", "text": "I think there is some confusion. I am saying I don\u2019t understand. Not that \u201cthe point is not understandable\u201d. I make these comments in hopes that someone can educate me. Yet I\u2019m downvoted and criticized and receive none of the info I was curious about. Is there a sub that discusses economics as opposed to shouting down people that have questions as having bad logic?  Could you help me phrase my lack of understanding in a way that conforms to the expected decorum on this subreddit?"}
{"_id": "142781", "title": "", "text": "I'm on chapter 6 now. And I know for sure I need to study 1-4 the most. All the other chapters are coming to me easily since I work in a broker dealer back office processing most of this stuff.... I'll make sure to go through all the Q bank questions and practice questions, quizzes...etc.. thanks"}
{"_id": "142784", "title": "", "text": "No I am a technology consultant.  I have a serious beef with Facebook. It's a closed system, meaning you have to sign up for an account to view content on it, and every time a business uses Facebook what they're really doing is advertising facebook for free. Which is not how it should be done.  I always tell people that social media should be used to funnel visitors to their business and not the other way around."}
{"_id": "142809", "title": "", "text": "Why not yet phone up the old bank, or log onto the internet banking and do a transfer to the new account.    You may first need to transfer from the saving account to a current account with the same bank.  (I have never had a problem doing this, but I do live in the UK)"}
{"_id": "142822", "title": "", "text": "&gt; How would you value a bond?  Very basic approach is TVM.  This should have been taught in your first year accounting class.  http://en.wikipedia.org/wiki/Time_value_of_money  &gt; How do you value an option? Using the Black\u2013Scholes options pricing model.  BS opt pricing model is one (typically the entry level for teaching option pricing) stochastic model you can use.  It has limitations due to certain assumptions made (such as constant vol) but you're correct, you can value an option with it.  &gt; How would you construct a yield curve? Draw a graph with maturity on the X-axis and yield on the Y-axis.  So that's how to draw an xy plane... yes you're correct.  That doesn't answer how to actually create a yield curve.  The most simplest approach of creating one is to bootstrap the curve using the spot and forwards."}
{"_id": "142827", "title": "", "text": "Economies of scale and supply chain efficiencies.  Amazon has an absurd supply chain, their whole bet here is that (a) they can integrate their grocery business with the rest of their consumer services IT infrastructure to basically create a one-stop shop for everything and (b) they can use their logistics to cut prices dramatically relative to competitors."}
{"_id": "142832", "title": "", "text": "You lose your job your pension your way of life so you can go buy shit at Wal-Mart made by communist Chinese slave labor and save $50 a month while you get the new job at minimum wage as a greeter - hey Wal-Mart FUCK YOU!!!"}
{"_id": "142835", "title": "", "text": "All investors of equal standing get the same proportion of the net assets on bankruptcy but not all shareholders are of equal standing. In general, once all liabilities are covered, bond holders are paid first as that type of investment is company debt, then preferred stock holders are paid out and then common shareholders. This is the reason why preferred stock is usually cheaper - it is less risky as it has a higher claim to assets and therefore commands a lower risk premium. The exact payout schedule is very corporation dependent so needs research on a per firm basis."}
{"_id": "142866", "title": "", "text": "It's hard to trust a reporter who exaggerates such basic facts.  Assuming it's correct to use the $800 billion figure, why not just use that instead of bloating the number up to $3.7 trillion?  Like you said, if the bigger picture issue here is not $800 billion vs. 3.7 trillion, why lie about it?  The end result is that while something corrupt did happen with the banks involvement in the bond market, the public isn't getting truthful information about it either way.  Taibbi is doing a disservice to the public by lying, because of the huge amount of disinformation, and insincerity coming from all sides of the issue, the public has no one to trust to give them credible information, and so the issue gets ignored."}
{"_id": "142867", "title": "", "text": "I would attempt to argue with you, but you are so far gone there is probably very little hope I have the years left in me to get you informed. Sorry, but you are lost in an Oligarchy propaganda machine that is way too powerful for me to overcome. I am very sorry for you, but I just have to give up on you."}
{"_id": "142869", "title": "", "text": "Somewhat of a false dichotomy..  While it's obvious that a long term solution to get people off the welfare rolls is preferred, in the mean time giving a man a fish will prevent him from, you know, starving to death..   There's a very real human component to poverty that is frequently missed when budget discussions come up."}
{"_id": "142873", "title": "", "text": "You want the net expense of the surcharge minus the rewards to be no more than the interest that you would pay otherwise.   Where t is the compounding period for the rate D expressed as a fraction of the overall period for D.  So if D is an annual rate (not the APR, the simple rate), it would be expressed as something like 1/365 if compounded daily.  That is the number of years in the compounding period.  If a monthly rate or weekly compounding, that would change.   And p is the number of such time periods in the grace period.  So if the grace period were one month, this might be 30.   Other variables are as used in the question, all expressed as percentages (which is why I'm dividing by 100).  The D rate should be the simple rate, like 6% not the APR of 6.24% or whatever.   Note that I'm saying <=.  When equal, there is no financial advantage or disadvantage.  You could choose either method for the same cost.  Now, one method may be more annoying to implement, in which case you might add a fee for it on one side or the other of the equation.  Or simply change the less than or equal to be just less than.   I may be missing something that you should consider but I don't know.  The problem is generic enough that pertinent details might be hidden.  But hopefully this at least gives you a framework under which to consider it."}
{"_id": "142876", "title": "", "text": "I am 17 and currently have a loan out for a car. My parents also have terrible credit, and because I knew this I was able to get around it. Your co-signer on your loan does not have to be your parent, at least in Wisconsin, I used my grandmother, who has excellent credit, as my cosigner. With my loan, we had made it so it doesn't hurt her credit if I don't get my payments in on time, maybe this is something for you to look into."}
{"_id": "142878", "title": "", "text": "You can view certain US economic data with FRED Graph or download the data to play with FRED download. Here is some example tax data:"}
{"_id": "142884", "title": "", "text": "You're not wrong, and I was somewhat disappointed by how the case played out. But what I was getting at was that maybe it's posted here because of the case's context. I heard on the news he was charged with 8 things but only convicted of 3. I can't say I know what the other 5 were. (I'd look them up but can't right now because of circumstances) I might be on a wild goose chase there but I want to find out later."}
{"_id": "142960", "title": "", "text": "To a mortgage lender, it appears that you have a temporary contract (perhaps extending for nine more months) with a agency that supplies workers to companies that need temporary help. You have been placed currently with a company and are making good money, but that job might disappear soon and then you will have no income while your recruiter tries to find you another assignment. How will you make your mortgage payments then? The recruiter agency's contract with your current company probably has clauses to the effect that the company agrees to not offer you a permanent job unless it pays a head-hunter's fee to the recruiter agency.  Your contract with the recruiter agency also likely has clauses to the effect that if the company where you have been placed offers you a permanent job,  you  must pay the recruiter company a fee (typically one or two months  of salary) to the recruiter agency as compensation for releasing you  from your current contract (unless the company hiring you pays the head-hunter's fee).  This is why the company where you are working right now wants to wait until after your contract with the recruiter company ends before making you an offer of permanent employment. Be aware that sometimes such clauses extend out to three months after the ending date of your contract with the recruiter company. As far as the condo is concerned, unless there is a specific one that you absolutely must have because it has an ocean view or other desirable properties, you may well find that another condo in the same complex is available some months from now.  If you are lucky, it may well have an acceptable ocean view. If you are even luckier, it may be the condo that you absolutely must have which has remained unsold all that time -- as you said, the economy is crappy -- and you will be able to buy it for a lower price from an owner getting desperate to make a sale. To answer your question: is there any way around this? My recommendation is to simply wait out the end of your recruiter agency contract and get a permanent job with the company where you have been placed.  Then there are no issues. If not, get your company to make a written offer of a  permanent job starting nine months from now and hope that this (together with your current employment) impresses your bank into lending you money. This might not work, though.  In the early 1970s, one of my friends was offered a job at a large aerospace company which lost a major contract in the interim period between offer and joining. My friend showed up for work on the day he was supposed to start, and instead of being processed through HR etc, his job was terminated on the spot, he was paid one day's salary, and shown the door.  Times were crappy then too. If this does not work, get your company to offer you a permanent job right away, pay off the recruiter  company yourself, and then go to the bank."}
{"_id": "142962", "title": "", "text": "this piece offers a step-by-step guide you can use to get rid of errors in your annual credit report. it also tackles pointers you should always remember when writing a credit dispute letter. please tell your friends about it so that they might read it too!"}
{"_id": "142966", "title": "", "text": "I believe different banks have slightly different experiences.  My wife and I have both joint and individual accounts. When I sign in, I see Joint, Mortgage and Joe. When She logs in, she sees Joint, Mortgage, and Jane. It happens that the Mortgage and Joint accounts have her Social Security number attached. Aside from that, I don't feel like I am an afterthought."}
{"_id": "142977", "title": "", "text": "I'm a debt guy, hence the bias, I guess ;)  Kitchenace's answer is relevant.  As for considering alternatives in a given situation, it sometimes happen. M&amp;amp;A is often done through a combination of equity and debt for example.   Mostly, issuing equity dilutes control and potential dividend returns, while debt pushes your interest charges up and adds pressure to delever or refinance later. Balancing the two will depend on the company's intentions, it's capacities (servicing debt requires a more stable cash flow generation capacity, while equity is more rewarded by strong growth potential) and a host of other factors."}
{"_id": "142980", "title": "", "text": "\"What's your take on that website? I find it to be somewhat grating. There are some nice people who want to work together and help others to get a good job, but I feel as though they are massively outnumbered by extremely aggressive jerks. You look at posts that say \"\"I go to HYP, 4.0 GPA and student body president. Do I have a shot at BB?\"\" and the replies are mostly \"\"nah bro, give up now\"\" and \"\"some people just weren't meant to be alpha\"\" and bullshit like that. I also feel like the blog posts give vague, conflicting information. I feel like I get very mixed messages  on things like resume formatting and networking from that site.\""}
{"_id": "143015", "title": "", "text": "People should come before profits. Allowing corporations to run fuck-all operations with profits being their sole concern is why our world is so needlessly horrible. It's possible to care about the planet and people while still making money. The system has just been rigged towards the Corporatocracy."}
{"_id": "143020", "title": "", "text": "I want to mention I've found 2 options for more powerful tools that can be used to manage asset allocation:  Advantages/Disadvantages: Vanguard Morningstar X-ray I hope this helps others struggling with asset allocation."}
{"_id": "143047", "title": "", "text": "I didn't like it very much, because he's confusing money with credit. Money is accumulated work, not debt.  Suppose the farmer has apples and wants meat, but the hunter doesn't want apples. The farmer exchanges some apples for the miner's gold and barters that gold for the hunter's meat.  All three of them have already worked to produce what they have. There's no debt involved, only the accumulated product of work.  An economy cannot function on credit alone. The existence of accumulated work that somebody did before is essential for the existence of credit.  Suppose the farmer promises a bushel of apples to the hunter and the hunter promises to get a deer for the farmer. Now the farmer needs a barrel to collect the apples and he promises to give some apples to the cooper. The cooper promises to make the barrel for the farmer.  All we have up to this point are promises, but no one has done any work yet. Things won't start happening until the cooper does the work needed to make a barrel.   The economy functions on work, not promises. The farmer may promise a million bushels of apples and the hunter may promise a million deer, but that's just fantasy.  Now suppose the cooper dies. The farmer will have to get barrels from the neighboring town, so now he must give some apples to the carter who brings the barrel. The hunter will not get his full bushel of apples, he's experiencing inflation, the cost of apples has gone up.  No matter what the farmer and the hunter promise to each other, the fact remains that the barrels must be brought from the other town.  Economists like Paul Krugman seem to believe that everything can be fixed by increasing demand, but they totally ignore the costs of production. There exists plenty of demand in the US economy right now, but the cooper has died, the barrels must be brought from China."}
{"_id": "143057", "title": "", "text": "Is there any instance in which a large company whose corporate bonds are investment grade, find it more attractive to take out a bank loan to raise finance rather than underwrite bonds?   To my knowledge (I\u2019m a first year at university so I\u2019m not 100% sure) bonds are comparatively cheaper (lower effective interest rate), does not have the same caveats and regulations involved with usage of the loan (I.e. no need to buy insurance) and allow them to raise far more than most banks would be willing to risk (I know loan syndication exists but it\u2019s still rare to my knowledge).   Why would a such a company have ANY bank loan debt whatsoever if issuing bonds are objectively better? The only one I can fathom is if the loan is so incredibly small that It\u2019s more time consuming to underwrite bonds but 1.) I don\u2019t know if that\u2019s the case, 2.) Why would a large company do this if they could simply pay out less dividends and reinvest a slightly larger portion of profits?"}
{"_id": "143060", "title": "", "text": "Hang on... $963,100,000 revenue in US book sales, divided by 313,000,000 population gives... $3.07 spent per American per year on books, audiobooks and ebooks.   Somethings not right, these figures are clearly incorrect - and this IS meant to be entire consumption, not a sample."}
{"_id": "143066", "title": "", "text": "\"I don't think it really matters, my understanding is that as a sole trader there is no distinction between your personal and business tax affairs. The distinction between your personal and business account is mainly for your own personal benefit to make it easier to differentiate between \"\"wages\"\" and retained earnings. If you want to maintain this distinction with regard to tax then you need to somehow differentiate between tax paid on your \"\"wage\"\" and tax paid on retained earnings. You could then either make two payments, or pay from either and transfer the difference from the other. Either way, it's just a matter of perspective rather than something with a physical difference.\""}
{"_id": "143088", "title": "", "text": "\u201cFirst mover Advantage doesn\u2019t go to the company that starts up, it goes to the company that scales up.\u201d - Reid Hoffman  It's also important to note that for companies that copy a business that has a strong local component, like SpotHero, AirBnB, Uber, etc it's more of an operations game than winner takes all.  I think the general rule of thumb is that it's not always best to be first to market, as new competitors can let you take the majority of the risk, demonstrate that there is a market and strategically enter the market as a new entrant.   For example;  Friendster &gt; MySpace &gt; Facebook  Zimride &gt; Lyft &gt; Uber"}
{"_id": "143100", "title": "", "text": "Try to use VOIP service provider or web enabled conference calling services in your home phone. Now a days communication technologies have seen a boost as well as integration of different formats and platforms which easily reduces phone bills of a user.  Service such as UberConference, Skype, Webinar etc enables audio/video as well as web conferencing feature for their user.  Service tiers such as free plans, basic plans and business plans allow user to use these conference calling services per their need. Have a look at any such service and use it as an alternative of your home phone line."}
{"_id": "143114", "title": "", "text": "Look for mileage costs, insurance, depreciation, maintenance and other costs make up the  total cost of ownership. I used consumer reports for this information.  There was a great article about how much it cost to drive different models including all that math. http://www.consumerreports.org/cro/cars/car-prices/what-that-car-really-costs-to-own-4-08/overview/what-that-car-really-costs-to-own-ov.htm"}
{"_id": "143124", "title": "", "text": "That's just means you don't realize the underlying principles behind the crazy gains. 1000% based mostly on 40% inflation since 2000. Imagine how much more it will go up.   I realize you don't have a concept of gold as money but it has really been an experiment since Nixon of dollars not backed by gold. That's 30 someodd years to say something is obsolete that has been used for thousands of years. Gold is not the horse and buggy."}
{"_id": "143125", "title": "", "text": "I don't think retail cares so much about being taken for a few bps here and there, but more so about the insane volatility that is the new normal in markets. This vol., which in many cases can be tracked back to HFT, has had a negative feedback loop that resulted in lower volumes across the board.  I don't think retail cares about a few bps here and there, but if the entire system is based on trust in market efficiency, and computers make them less efficient by purposefully manipulating the system, retail might just not chose to play any more.  Think of it like baseball vs. football.  Football has salary caps, and, as such, all teams have a fair shot at winning every year, baseball doesn't, and a few teams with the biggest budgets consistently win year over year. Yeah, it's great if you're a Yankees, Red Sox, Giants or Phillies fan, but many other cities in the country don't care about baseball much anymore and favor football. Look at viewership stats by market over time. HFT is the same way, it's great if you have the money to compete in that system, but by destroying the integrity of the system itself, many participants just stop caring as much and go elsewhere..."}
{"_id": "143130", "title": "", "text": "i fail to see how it's morally reprehensible at all.  LEGOs are *toys* - if they were getting marketed to 40-something Eskimo women, that would be stupid.  seems like it's good business sense to market a given product to a group who will be receptive to the marketing.  Children, in this case."}
{"_id": "143132", "title": "", "text": "In equity research as an associate.  I put in (most weeks-not earnings season) around 55-65 hours but during earnings (1/3 of time) its around 80.  There are always good and bad days; its actually quite manageable overall.  Occasionally, I have stuff I'm told to do on the weekend, but usually I'm *highly suggested* to average 3-5 hrs on the weekend just to get ahead of the upcoming week."}
{"_id": "143135", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.wiltshiretimes.co.uk/news/latestheadlines/15398908.Police_urge_people_to_report_crop_circle_damage/) reduced by 58%. (I'm a bot) ***** &gt; The spokesperson added: &amp;quot;We urge all farmers and landowners if they have has a crop circle on their land to report it to us on 101 so it can be recorded. Often after a crop circle appears, individuals will arrive with a drone to photograph it. Take note of any vehicles, their registration plates, and any individuals and pass this information to the police.\"\"  &gt; If a circle is created on your land make sure you tell the Crop Circle Community if you decide to allow/ not allow access to the general public, and if you intend to cut the circle out.  &gt; &amp;quot;We also ask the public to help support our rural communities by reporting any suspicious vehicles, behaviour or people in crop fields to police on 101 they may be attempting to create a crop circle and committing criminal damage,&amp;quot; the spokesperson added.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6rblzy/police_urge_people_to_report_crop_circle_damage/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~182131 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **circle**^#1 **crop**^#2 **police**^#3 **damage**^#4 **landowner**^#5\""}
{"_id": "143144", "title": "", "text": "\"Here, a sample conversation.  \"\"Wow, these meatballs are fantastic. What's in them?\"\"  \"\"100% Beef.\"\"  \"\"They're all beef?\"\"  \"\"No, but the beef I put in is 100% beef.\"\"  'Uhhh, ok. How much of it is beef?\"\"  \"\"I don't have to tell you.\"\"  Is that person being straight with his guest? Or is he being a coy fuckhead?\""}
{"_id": "143169", "title": "", "text": "We are Tampa Bay's second supposition specialists! We will turn out to your home at positively no charge to give you an exact gauge. Our affirmed and completely safeguarded specialists are prepared to finish your introduce as quick as could be expected under the circumstances, without compromising. We generally go the additional mile to ensure our clients are fulfilled, so call us today!"}
{"_id": "143236", "title": "", "text": "\"Some things are nearly universal, and have been mentioned already.  My \"\"favorite\"\" forseeable expenses in this category are: However, I also advocate saving for expenses that are specific to you.  Look back on your expenses for the last 12 months, minimum (18 or 24 may be better).  Ask yourself these questions: I ask about large expenditures because you may make enough that you can \"\"eat\"\" these lapses in budgeting, as I did for many years.  It is not an emergency now, but it turned into an emergency down the road as my spending went out of control.  Look at all expenditures over a certain level, say $100 or $200.   Some personal examples of expenses that aren't quite so universal, but turned into small emergencies: This last one was rather unexpected.  It is the reason why I ask the question \"\"why didn't I budget for it?\"\"  These fees and dues are for my professional-level certifications.  In my industry, they are \"\"always\"\" paid for by the company.  A year ago, they weren't paid by my former employer because they planned to lay me off.  This year, they weren't paid by my present employer because I am technically a temporary worker (4 years is temporary?).  So, from now on, I plan to save for this expense.  If my employer pays my dues, then I stop saving for the expense, but keep the money I've saved.\""}
{"_id": "143238", "title": "", "text": "\"There are a few reasons why an index mutual fund may be preferable to an ETF: I looked at the iShare S&P 500 ETF and it has an expense ratio of 0.07%.  The Vanguard Admiral S&P 500 index has an expense ratio of 0.05% and the Investor Shares have an expense ratio of 0.17%, do I don't necessarily agree with your statement \"\"admiral class Vanguard shares don't beat the iShares ETF\"\".\""}
{"_id": "143239", "title": "", "text": "For conversions you do not to be 59-1/2 to avoid penalty. The 5-yr rule thus creates an early withdrawal option if planned well in advance.  See the flow chart in http://www.irs.gov/publications/p590/ch02.html#en_US_2012_publink1000231030 For where I sourced the answer.  Note : I edited to correct my answer. User102008 called me out on my mistake, and rightly so. The dialog is in the comments, where he points out the mistake. Good job, new User."}
{"_id": "143247", "title": "", "text": "\"&gt;But I also believe that if you had a \"\"full equalizer day\"\" and redistributed all the wealth in the US so that each of us had the same amount of money (we'd each roughly have $255,000 if my math is correct), then within 1 generation you'd already see a similar wealth distribution to what we have now. Most would consume more- rather than invest- and it would only be a temporary fix.  This is what I am saying.  &gt;It's a rarity to find people advocating for changing the system that creates inequality (the Fed currently being the biggest perp) instead of simply trying to redistribute the results of that system.  What would you change the Fed to? I'm arguing that it's more a fact of an economy than a fact of the current type of economy that economic inequality exists.   You can do some things with cryptocurrency, potentially taking some of the middlemen out of the business, but that won't fundamentally change economic inequality. The people currently invested in banks will invest in other things.  I think economics will equal out when the machines of production become cheaper. At some point, maybe every community can own their own production machines. Then, communism/anarchism (same thing) will return to the world.\""}
{"_id": "143249", "title": "", "text": "\"But sending money overseas doesn't help here, and government programs that feed people (especially children) and keeping people working or in school (medical programs) do have direct economic benefits to this nation, in addition to being \"\"nice\"\" or \"\"moral\"\".  I am not advocating the end of all suffering by giving things away, rather I am advocating the judicious use of government spending to make the world better for everyone.\""}
{"_id": "143254", "title": "", "text": "&gt; No guarantee that the money would go to the right place. https://en.m.wikipedia.org/wiki/Solyndra  So to be clear, you think that it went to the wrong place because the company tried to innovate and use new technologies that then didn't work out?  And you want to discourage such attempts?"}
{"_id": "143255", "title": "", "text": "CEOs have multiple fiduciary duties, which fall into three broad categories:  care, loyalty, and disclosure.  You are probably referring to the duty of loyalty:  to act, in good faith, in the best interests of shareholders, putting shareholders' interests above the CEOs' own personal interests."}
{"_id": "143261", "title": "", "text": "It seems like you want to compare the company's values not necessarily the stock price.  Why not get the total outstanding shares and the stock price, generate the market cap.  Then you could compare changes to market cap rather than just share price."}
{"_id": "143264", "title": "", "text": "You don't need a visa to invest in US equity. You don't need a visa to profit from US equity. There may be other legal considerations, but they aren't visa related, hope that helps"}
{"_id": "143296", "title": "", "text": "If I had known about this promotion and were less lazy, I would probably have taken advantage of it myself. Would it be theft? Maybe, maybe not, but I'm kind of antisocial, and doing something illegal/unethical, getting away with it, and making a profit would give me some pleasure."}
{"_id": "143302", "title": "", "text": "\"Total Return is the percent change in value (including andy dividends) of an instrument.  The \"\"trailing 12-month\"\" means that your starting point is the value 12 months ago.  So the formula is: where V is the value of the instrument on the reference date, V0 is the value of the instrument 12 months prior to the reference date, and D is the amount of dividends paid between the two dates.\""}
{"_id": "143323", "title": "", "text": "\"Instead of \"\"taking the blue pill or the red pill\"\" we still have to play the game, and the winner of the game as it appears to me, takes neither pill, but is better at guessing who takes which pill and how they will react to it.\""}
{"_id": "143329", "title": "", "text": "QuickBooks enterprise provide audit trail for recover the details of the deleted transaction so that you can re-create the transaction.  The audit trail is only capturing information related to new, deleted,  and modified transactions.  If you are unable to locate the delete transaction contact QuickBooks Enterprise site - https://www.wizxpert.com/quickbooks-enterprise-support/"}
{"_id": "143333", "title": "", "text": "\"Nonsense. I am not saying the Elon and Tesla are perfect, but all companies have delays. Especially those inventing things nobody did before them.  And some companies have production capacity issues. Especially those experiencing super high demand on their products. Big deal!  Tesla got 0.5 million pre-orders. With approx 2-3 years of waiting time, and people had to pay 1000 USD upfront, out of their pockets. And they did.  Tesla is seeing an extreme demand for their high-priced product. Every entrepreneur and enterprise would love to be in Musk's shoes.   **So, delayed deliveries and shaking liquidity should be considered only \"\"logistics\"\" issues, not \"\"will he fail!\"\" discussion.**\""}
{"_id": "143334", "title": "", "text": "You should not trade based on what news is just released, if you try you will be too slow to react most of the time. In many cases the news is already priced into the stock during the anticipation of the news being released. Other times as soon as the news is released the price will gap up or down in response to the news.  Some times when you think that the news is good, like new record profits have been achieved, but the share price goes down instead of up. This may be due to the expectation of the record profits by analysts to be 20% more than last year, but the company only achieves 10% more than last year. So the news is actually seen as bad because, even though record profits, it hasn't met expectations. The same can happen in the other direction, a company may make a loss and the share price goes up. This may be because it was expected to make a 50% loss but only made a 20% loss due to cost cutting, so this is seen as a good thing and the price can shoot up, especially if it had been beaten down for months. An other example is when the Federal Reserve in the USA put up interest rates earlier this month. Some may have seen this as bad news and expected share prices to fall, but instead prices rallied. This was actually seen as good news, firstly because it had been expected for a long time, and secondly and more importantly because a small rise in interest rates after many years of near zero rates is a sign of the economy finally starting to improve. If the economy is improving, that means more people will have jobs, more people will be spending more money, companies will start to make higher revenues and start to expand, which means higher profits and higher share prices. A better way to trade is to have a written trading plan and use technical analysis to develop a set of buy and sell criteria that you follow to the tea. Then back test your trading plan through various market conditions to make sure you get a positive expectancy."}
{"_id": "143351", "title": "", "text": "The EM range of oil-sealed rotary pumps - renowned for its high ultimate vacuum, rapid pumping speed, quiet operation and ability to handle vapour - has become the industry standard laboratory and light industrial applications. The E2M28 pump is a two-stage, direct drive, sliding vane pump. The pump is oil sealed and designed for reliable, long-term operation in both laboratory and industrial environments. The pump is a freestanding unit with the drive provided through a flexible coupling by either a single-phase or three-phase (four-pole) motor."}
{"_id": "143355", "title": "", "text": "\"Except for one thing, right now there is a large amount of speculation, lots of numbers are inflated. And then we have the high frequency traders, this tax would make it harder to make money on nothing, which is what they are doing currently. Personally I would be fine with it if the tax became \"\"exempt\"\" after say holding the stock for 3-6-12 months. This tax also isn't about making money, its about making the market more secure. One of the downsides is that if all the major markets don't commit to it, it likely will hurt anyone that does.\""}
{"_id": "143368", "title": "", "text": "\"There is not one right way. It depends on the level of detail that you need. One way would be: Create the following accounts: When you pay the phone bill: When you are paid with the reimbursement: That is, when you pay the phone bill, you must debit BOTH phone expense to record the expense, and also reimbursements due to record the fact that someone now owes you money. If it's useful you could add another layer of complexity: When you receive the bill you have a liability, and when you pay it you discharge that liability. Whether that's worth keeping track of depends. I never do for month-to-month bills. Afterthought: I see another poster says that your method is incorrect because a reimbursement is not salary. Technically true, though that problem could be fixed by renaming the account to something like \"\"income from employer\"\". The more serious problem I see is that you are reversing the phone expense when you are reimbursed. So at the end of the year you will show total phone expense as $0. This is clearly not correct -- you did have phone expenses, they were just reimbursed. You really are treating the expense account as an asset account -- \"\"phone expenses due to be reimbursed by employer\"\".\""}
{"_id": "143380", "title": "", "text": "I was business and then did a 5th year undergrad to be eligible to sit for the CPA exams. There is no way I, or anyone, could start working on an audit on day one. Even if I had done internships, they wouldn't mean anything with a change in career path."}
{"_id": "143393", "title": "", "text": "The article predicts problems with the US dollar.    If you live in China, or India, the end of the US dollar is not high on your list of problems.  The coming shocks in 2012, 2013, and 2014 will wreck a lot of financial sectors.    Is there a good way to prepare for financial collapse?  That depends on where you live and what your financial situation is."}
{"_id": "143405", "title": "", "text": "\"If the country went to a sustainable minimum wage like 15 dollars an hour we would benefit more. Anyone who thinks the walmart strikes are stupid and they should be fired clearly doesnt understand how the economy should work.  Oh?  You do know that all basic goods and services would increase  in price, right?  Raising the minimum wage will not raise minimum value.  \"\"If you are pro for under 15 dollars an hour, you are pro slavery.\"\"  Haha. Slaves are forced.  You aren't forced to work for minimum wage.  It's a result of many poor life decisions that led you there.  The fact that I'm not working a minimum wage job is because I worked my ass off to learn the skills I needed to make a good living.  \"\"The only people making these facts up are the ones who own the businesses because their wealth will go down and be spread among employees more.\"\"  Not really.  As a business owner, I would just increase the costs of my goods or services.  Most retail businesses have slim profit margins (restaurants are even worse).  They would not be able to survive long if their workforce cost suddenly doubled and their revenue stayed the same.  You don't know much about business. I'm glad people like you aren't making decision in government.\""}
{"_id": "143417", "title": "", "text": "The WB201 is one-up on the famous WB 200 bike carrier vehicle and Car Accessories and is a much sleeker and smarter option. The engineering far surpasses the WB200. This latest version uses the latest SmartHold technology.The Smarthold system will automatically apply the correct clamping pressure and fasten your bike without the need to remove the front wheel !! It is also lockable and Kayak Carrier bikes up to 20kg in weight."}
{"_id": "143422", "title": "", "text": "That's a good point, and one I've recently been realizing too. I've been so focused on the aerospace and defense sector that I wasn't interested in anything else at first. Obviously I know now that's what has been causing my problems and I need to and have been changing my approach but it hasn't been successful yet, hence the post. But thanks for the advice, I had initially written off temp agencies (my temp job was through a friend not an agency) but now it looks like that may be one of my only choices at this point."}
{"_id": "143425", "title": "", "text": "\"Kinda like this?  \"\"For starters, a group of Perry appointees on the Texas Commission on Environmental Quality gave Simmons a license to build his hazardous nuke dump, even after the TCEQ's own team of scientists agreed that the project was too risky, given how dangerously close it lies to the Ogalalla aquifer, which provides drinking water for seven states.\"\"  [From Matt Taibbi's Rick Perry article](http://www.rollingstone.com/politics/news/rick-perry-the-best-little-whore-in-texas-20111026)\""}
{"_id": "143435", "title": "", "text": "This is what they are causing... https://www.youtube.com/watch?v=S3oZrMGDMMw  That little baby is suffering because of one of the diseases that doesn't have to exist.  It could have been eradicated from the planet by now if it wasn't for Dr. Wakefield faking a study and then spreading lies to try try to cover his ass before he admitted that he made it all up.  But still ignorant people on the internet continue to spread misinformation that causes babies to suffer and die."}
{"_id": "143457", "title": "", "text": "Get in touch with a leading mechanic centre if you are looking for efficient engine reconditioning services NSW. Such companies offer a wide range of services which include shelving cylinders, cylinder head reconditioning, engine componing and machining and crankshaft grinding and servicing"}
{"_id": "143467", "title": "", "text": "\"Many years ago I heard a multi-level marketing pitch that pointed out how many doctors don't get out of debt until they are well into their 50's.  The selling point was that you can get rich quick, as rich as a doctor, with nothing more then a bit of elbow grease.  Of course the pitch failed to mention that most doctors, buy the things doctors buy, when they get that first big job.  The big house, expensive cars nerf the income that they receive and they are probably stuck with years of student loan payments. I assume that you are one of the \"\"lucky\"\" ones that have graduated college with a well paying job.  By lucky I mean you concentrated on obtaining a skill for which the marketplace has a need.  Why not continue to live like a college student for a few more months and pay off all of your student loans ASAP?   Get rid of them like you were purging the phone number of that high maintenance girl you dated during a short time of insanity.\""}
{"_id": "143472", "title": "", "text": "It might be a good idea, because later in life if a large expense shows up or an income source disappears, you will only have the mortgage payment, rather than a mortgage AND a student loan payment."}
{"_id": "143493", "title": "", "text": "My mistake, a *reformed* audit of the fed. Right now the GAO cannot audit transactions of the Fed with foreign central banks or foreign governments, securities credit and market operations, or communication between the Fed and Board of Governors (which you linked to).  The fact that the Fed refuses to tell who receives bailout money and loans at interest rates well below market rates is unacceptable.   This is not a crazy right wing issue, either. Plenty on the left feel the same way, including the (arguably) most liberal American Senator Bernie Sanders who introduced the Senate version to audit the Fed bill a few years back.  The fact is, the Fed deals with MASSIVE amounts of American taxpayer money (and perhaps more importantly, future American taxpayer money), so we have a right to know exactly what is going on in it. It's not the CIA where knowledge of its inner-workings could be a threat to safety, it's a financial institution that deals with monetary and financial policies."}
{"_id": "143499", "title": "", "text": "If you want to start a new business, want to develop your business or facingbusiness loss solution  or you are having any tensions in your business set up, then the best requirement is to contact the best astrologer V K shashtriji. This approach will surely help in running your business on a large scale without having any issues and restrictions.  It helps to arrive at the potentiality of a business, prospects of new ventures, losses, competitions in business, employee relationships, etc. A natal chart for your business or company helps you to understand the changing cycles of your business. Business losses can be recovered by using powerful astro remedies. Get Expert V.K shahstri ji powerful advice now and save your business from getting losses."}
{"_id": "143521", "title": "", "text": "You should also know that its FAR cheaper for everybody, including you, (at least $250,000 over each person's lifetime, - each American, compared to a Canadian) to get rid of the whole insurance system and pay for health care with taxes (we wouldn't need any more than today) and simply give people health care, eliminating all of the administrative complexity from the users standpoint.   That would allow doctors and hospitals to save a LOT of money on staffing. So, your tiered system that denies health care to those who can't afford to pay actually costs everyone more and they get LESS care and lower quality care. In short, we're cutting off our own nose to spite our face. All this time the rest of the world is growing farther and farther ahead of us."}
{"_id": "143534", "title": "", "text": "If you are careful, you don't need to spend much more than the cruise price.  The cruises I've been on, they biggest extra was soda and alcohol (mainly wine with dinner).  If you are fine drinking water or iced tea, there is no need for that. Food extras, like ice cream at the pool, may be an extra charge as well. The way it works is that your room key acts like a credit card, and gets charged to your room.  Its easy to run up a big bill if you aren't paying attention, so you may want to keep track of it as you go along.  You can also go to the pursers office at any time and find out your current account. Generally, the cruise automatically charges a certain amount per day for tips for your room steward and dining room attendants.  You are expected to tip for spa services (another extra charge) and shore excursion guides.  Shore excursions vary greatly depending on what you are doing.  Maybe $50-$100 per person for a bus tour to much more than that for things like scuba diving, or fishing.  You can also either book tours yourself, or just get off and wander around.  It depends where you are going.  Many times, the ships dock far away from anything you might want to see.  There are generally taxis or shuttles to the tourist places, but that is another charge.  Shipboard internet is generally charged by hour, and quite expensive (several dollars per hour).  Part of the attraction for me is unplugging completely, so I generally don't bother.  On older ships, you probably are limited to the internet lounge.  Some of the newer ships have wi-fi in the state rooms as well. The drinks on board aren't cheap, but not outrageous either.  Probably similar to an upscale club.  They also have a daily drink special, which is cheaper.  Technically, you aren't allowed to bring your own alcohol on board.  If you buy something in a port, you need to check it with them.  This policy may vary by cruise line, but has been true on the Princess and Costa cruises I've been on.  That said, as long as you are low-key, they probably won't know or care."}
{"_id": "143562", "title": "", "text": "Are you an automobile manufacturing company looking for the highest quality and top-rated fuel injection tubes? I am sure you must be looking for the finest range of these tubes from a dealer who is not only popular, but also offers the best of deals on these tubes."}
{"_id": "143568", "title": "", "text": "Incorporating your business  The LLC can be formed within just 24 hrs from the time of submitting of the form. It mainly includes all the business presence packages which is very much important for doing Incorporating your business so that the business can able to setup and startup very easily and quickly. It also help in protecting the assests and other liabilities that are the part of the Delaware llc."}
{"_id": "143578", "title": "", "text": "That's all completely irrelevant to the economic point. What we spent the government money on was a political decision. The economic piece absolutely involved marshalling all of the countries resources, *labor being but one of them*, by using the currency to pull along production. We won the war with our economic engine above all other advantages that we had.   Now imagine if we cared as much about people having jobs in the US right now as we did about killing Japanese."}
{"_id": "143588", "title": "", "text": "I'm delighted that wired pointed out comments were disabled on their 'doubling down' [repost](http://support.godaddy.com/godaddy/go-daddys-position-on-sopa/). It would have been very inconvenient if someone posted a link to a piratebay torrent in the comments which would have made that post illegal under SOPA. Luckly, there are plenty of blog posts where comments are [enabled](http://support.godaddy.com/godaddy/category/go-daddy-scoop/)."}
{"_id": "143590", "title": "", "text": "More than just early stages, Swarm City has its MVP out, making transaction &amp; communication possible on the blockchain, as one of the very first in the world. Despite being hacked recently they continue to move forward. And it's way more than just ridesharing, although that will be the first 'storefront' that will be launched soon. Definitely worth looking into. https://youtu.be/t0yKy77wqmM"}
{"_id": "143591", "title": "", "text": "There's a bit of working backwards that's required.   This is a summary of a spreadsheet I wrote which helps to get to the answer. What you see here is that at age 25, one might have saved about a half year's salary, assuming they worked 5 years. The numbers grow exponentially to at 65, about 15 years salary saved. This will allow a withdrawal of about 60% final income each year using the 4% guideline. More will come from Social Security in the States to get closer to 100%. The sheet start with assumptions, a 10% per year rate of saving, and an 8% annual return. Salary is assumed to rise 3% per year. One can choose their age, enter their current numbers and their own assumptions. I had to include some numbers and at the time, 8% seemed reasonable. Not so sure today. What I do like is the concept of viewing savings in terms of 'years salary' as this leads to replacement rate. Will $1M be enough for you? Only you can answer that. But the goal of 80-100% replacement income is reasonable and this sheet can be used to understand the goals along the way. (note, the uploaded sheet had 15% saving rate, not the 10 I thought. I used 15 to show a 10% saving along with a 5% match to one's 401(k). Those interested are welcome to enter their own numbers. The one objection I've seen is the increase to salary. Increases tend to be higher in the first 20 than the second, or so I'm told.)"}
{"_id": "143593", "title": "", "text": "the best thing to do is file bankrupt. your credit will be shot for 7 to 10 years. however usually 3 years after the bankrupt people will give you small lines of credit. then you rebuild on the small credit lines. and never get into a bad loan again you learn from mistakes. there is no shame in a mistake if you learned from it. I rebuilt my credit by using fingerhut. small credit limit on a cap 1 credit card 300 dollars unsecured card. personal loan of 1500 dollars to buy a old clunk for a car as I did not want to have five years of car payments. you can also get a secured credit card. and build credit with that. the bank will explain how to build credit using your own money. also you should know a lot of banks like your bankrupt stat. because they no you cant file for several more years. meaning if you don't pay your loan they can garnish you and you cant file bankrupt. you can get a new car loan with good interest rate. by taking 5000 dollars of your 15000 dollars savings down on the new loan. making your new car loan have better payments cheaper and better interest. and get a secured credit card of 2000 to build towards a unsecured credit card. keep all your new credit tabs small and pay on time.i would not use all your nest egg savings. that is not smart. get a lawyer and file. stay in school you will have a fresh start and you learned about upside down loans. don't listen to people trying to tell you bankruptsy is bad. it in a lot of ways gives you the upper hand in a no win debt or debts."}
{"_id": "143596", "title": "", "text": "\"Your total debt is equal to your total non-credit debt (student loans, car loans) + your total available credit.   This is the truth of the \"\"low balance\"\" fear from lenders that you had heard about. Your credit utilization is across all of your cards.   So if you have two cards, both with 15K limits and one is maxed out and one is empty, that is 50% utilization.   If you have both cards with 7.5K balances, that is also 50% utilization. For the 8 cards that are paid off and still open, after you buy a house, I'd close any cards you aren't using.  Not everyone will agree with this. If possible, I would close the 8 cards now and pay off the 15K balance before buying a house.  If it's hard to pay it off now, it will be harder when you have a mortgage and home maintenance costs. If you want to buy the house before you pay off all of your credit card debt, I'd still close the 8 cards that are already paid off and pay down your last card to 4K (or less) to get under 25% utilization. The credit rating bureaus do not publish exactly how a different utilization rate of credit will affect your score, but it is known that lower utilization will improve your score.  FICO calls this \"\"Proportion of credit lines used (proportion of balances to total credit limits on certain types of revolving accounts)\"\" Also, the longevity of your credit history is based on type of account (credit cards, car loans, etc.) so if you keep one credit card open, you still keep your long \"\"history\"\" with credit cards on your credit report.  FICO calls this \"\"Time since accounts opened, by specific type of account\"\"\""}
{"_id": "143606", "title": "", "text": "Here is what I could find on the net: http://education.wallstreetsurvivor.com/options-symbol-changes-coming-february-12th-2010 So it sounds like it does not affect how you invest in options but only how you look them up.  I remember using a Bloomberg terminal and it wasn't clear what the expiry date of the option you were looking at was.  It looks like the new quote system addresses this. HTH."}
{"_id": "143622", "title": "", "text": "I have a CPA. They said that it isn't possible. However, I've seen on message boards that it indeed IS possible, multiple times. I'll likely reach out to another CPA. However, I am interested to hear from somebody who has done this before, so that I at least have a name or defined process for what I'm attempting to do."}
{"_id": "143635", "title": "", "text": "There's a very small subset of people that I think could legitimately use the Amazon Echo-Alexa / Google Home-Assistant thing, and they're generally, in my mind, single and affluent.    The kind of person that really loves the idea of full home automation, and doesn't have anyone around to fuck with the voice commands.    I, for instance, would probably get one of these things if I lived alone.  I'd love to dim the lights, play a movie, and say, order a pizza whilst shouting into the ceiling.  I don't think I could pull that off or sell the cost or utility to the SO."}
{"_id": "143638", "title": "", "text": "[Olivetti minidisc](http://www.obsoletemedia.org/olivetti-minidisc/) maybe?  &gt; Olivetti used the minidisc in 1978 in its TES (Text Editing System) 401 word processing system, where capacity was increased to 7.5 KB  http://www.storiaolivetti.it/upload/tes401_b.jpg  LED panel, not LCD (I think) but fits the narrative otherwise..."}
{"_id": "143655", "title": "", "text": "\"An option is a financial instrument instrument that gives you the right, but not the obligation, to do some transaction in the future at a given price. An employee stock option is a kind of \"\"call option\"\" -- it gives you the right, but not the obligation, to buy the stock at a certain price (the \"\"exercise price\"\", usually set as the price of the stock when the option was granted). The idea is that you would \"\"exercise\"\" the option (buy the stock at the given price as provided by the option), if the value of the stock is higher than the exercise price, and not if it is lower. The option is gifted to you. But that does not mean you get any stock. If and when you choose to exercise the option, you would buy the stock with your own money. At what time you can exercise the option (and how many shares you can exercise at a given time) will be specified in the agreement. Usually, you can only exercise a particular share after it has \"\"vested\"\" (according to some vesting schedule), and you lose the ability to exercise after you no longer work for the company (plus perhaps a grace period), or after the option expires.\""}
{"_id": "143662", "title": "", "text": "The desire to be debt free is smart; but I think the purpose of a large group is motivation and peer pressure.  Getting out of debt faster isn't going to work mathmatically.  (I can't reason a scenario where the group's collective power doesn't favor one individual in the group over another.) All of the following conditions must be met: If any single thing fails, or if anybody changes their mind about how they feel about paying another person's debt, this plan will breakdown quickly and get very ugly.  Please notice most of those items are emotions, which cannot be planned nor controlled. Bottom line:  Don't do it.  The risks are too high compared to the average reward.  If your family could pull it off, a better plan would be to sell a reality show about the magical family who never fights and always puts the good of the others before themselves. Everybody do a debt snowball individually but have an email group, weekly group call, regular family meeting, group chat session or dinner event where you encourage each other, talk about the success, failures and openly discuss everybody's situation.  This is called a support group and they can be more effective than doing it on your own. Go around the table and  This will require humility, patience and grace from the participating family.  It will rely on similar peer pressure to succeed as a single group, without all of the very real pitfalls and very real consequences of a individual failing in a big group."}
{"_id": "143677", "title": "", "text": "For the clearing house, only the routing number and the check amount [which gets encoded before its presented to clearing] is important. The check numbers were put in as a fraud prevention mechanism to ensure that one check was only presented once and that it was issued to a particular account. Typically issued in sequence.   So as your account is new, the bank may have a mechanism to verify the checks [maybe based on amount and other info]. If your volume of check issuing increases, they may start putting in a check number to better track."}
{"_id": "143682", "title": "", "text": "Activist Investor is the entrenched capitalists fake news meme. Trump wants to pass a law that says shareholders don't even get a vote until they pass a certain threshold on ownership % of a company so they can keep all the little people from having any say. Ownership isn't really ownership unless you're rich I guess. Democracy bad! Freedom! America!"}
{"_id": "143697", "title": "", "text": "Wow, glad I found this.  I take the 7 tomorrow morning at 9:15am.    I started going section by section, then I got to Options and got a 40% so I swore at the computer and money and everything else within view, and then I sat down and walked through about a million scenarios until I had it down.  Using Knopman (but Kaplan materials for the most part, including the Qbank site), and I've been scoring anywhere from 74 to 80.  I'm taking my last practice exam now, and then after reading this, instead of cramming, I'll be heading home to hang with the wife and daughter and relax.  We'll see."}
{"_id": "143705", "title": "", "text": "\"A financial engineering degree will help you get your foot in the door, and IEOR is a pretty good background to start with, but you should also just try applying to interesting-sounding things right now.  If you get lucky, you'll have saved yourself a lot of time: work experience trumps financial engineering. I don't know quite how to say this politely, but there's a chance that if you do a full-time Fin Eng masters, you'll bump yourself out of the \"\"smart junior guy who we'll train\"\" category into the \"\"this guy is supposed to know something\"\" category.  For my own group, the just-out-of-college people we've hired have been people who did internships with us before, which is no help at all. The interviews that I've done have been mostly looking for people with significant industry experience, and the FE degree won't help with that.  It's a bit of a crapshoot. I'm not sure what to suggest, but I'll happily answer questions.\""}
{"_id": "143706", "title": "", "text": "A tax on organic (food) waste will probably be the only effective lever. Perhaps cataloging food waste produced at farms, to try and tune in some synergies in the food industry. I know some large Australian Universities are investing heavily in this space. Waste to resource type projects, using bio-reactors and the like.  Composting the residue to put back in to the productive lands is also a big part of reducing and improving outcomes."}
{"_id": "143707", "title": "", "text": "I think this is a bit of fallacy. Capital is not a fix thing. If there is value to be realized, business can find the money. The issue really is that the job is hard and the company views it as a cost, not an investment."}
{"_id": "143712", "title": "", "text": "The author sounds like a raging corporate apologist and so do most of the commenters here on reddit, which really surprises me.    If Target staff allowed customers to purchase gift cards as part of this promotion, then isn't it Target's fault for not training their staff properly with regard to how to handle this promotion?   (IANAL)"}
{"_id": "143728", "title": "", "text": "\"Not unless you have something else to put up as collateral. The bank wants a basic assurance that you're not going to immediately move the money to the Caymans and disappear. 999 times out of 1000, the collateral for a home mortgage is the home itself (which you wouldn't be able to take with you if you decided to disappear), so signing up for a 30 year mortgage on a nonexistent house is probably going to get you laughed out of the bank. It's sometimes possible to negotiate something else as collateral; you may, for instance, have a portfolio of securities worth the loan principal, that you can put in escrow for the term of the loan (the securities will stay in your name and make you money, but if you default on the loan the bank goes to the escrow company and takes the portfolio for their own). The bank will consider the risk of value loss on the securities in the portfolio, and may ask for a higher collateral value or only allow a lower loan amount. In all cases, it's usually a bad idea to go into long-term personal debt just to get \"\"cheap money\"\" that you can use to beat the interest rate with some business plan or investment. If you have a business plan, take that to the bank with an LLC and ask for a business loan. The business itself, if the plan is sound, should become valuable, and the terms of business loans take that into account, allowing for a \"\"shrinking collateral\"\" transferring the initial personal risk of the loan to the business.\""}
{"_id": "143730", "title": "", "text": "&gt; checking account normal?  Not really, only if you have a small account.  It usually works that you get a monthly fee if you have under a certain amount of money in the account.  So normal for poor people who the banks don't want to deal with.  Not normal for people who have some money."}
{"_id": "143733", "title": "", "text": "Terrible analogy. It's a gross oversimplification and any attempt to respond within it's parameters won't make sense.   Boeing wants to reduce costs in order to remain competitive and because it's a public company. Boeing's union workers are overcompensated. They want to move states in order to reduce labor costs. Washington State paid out to keep them around."}
{"_id": "143752", "title": "", "text": "The alternatives are practically perpetual with linen suits for men, the search is ideal for summer, pushing it flawlessly amongst shrewd and easygoing and offering so much adaptability. In case you're hoping to keep the look keen, then match your suit with a shirt and tie mix. In any case, what shirt to wear with a material suit? Well even this mix can accomplish various impacts, contingent upon the style of suit and selection of hues, so there are various alternatives."}
{"_id": "143765", "title": "", "text": "\"&gt;Agree 100 %.  &gt; &gt;Nothing drives me more batty than when I hear a health food nut complaining about GMO food or \"\"chemicals\"\". I ALWAYS challenge them on it.  &gt;  &gt;RE GMO: \"\"Do you eat apples and bananas? Did you know farmers have been gene splicing apples and bananas since the 1800s? There has literally not been a single apple sold in stores since the early 1900s that is not spliced. All of those Apple\"\" varieties\"\" in the store are a result of splicing over the years, including your overpriced \"\"organic\"\" ones.  There is a vast difference between grafting tree branches for ideal traits, and inserting specific strings of genetic code from an organism that cannot otherwise contribute its DNA.   And part of participating in organic food production is a discontinuation of petrochemical fertilizer. Yes, we use vast amounts of petroleum product to fertilize farmland. If you want to reduce our reliance on fossil fuels, organic production is part of that. Another part is the elimination of nasty industrial pesticides, like those that are causing bee colony collapse syndrome. CCS is a huge problem not because honey is tasty but because bees pollinate a wide variety of trees that produce food.  Participating in organic food production is not a hazy Mother Earth granola fest. The concerns are material and immediate. I don't even eat granola. To many carbs.\""}
{"_id": "143769", "title": "", "text": "All of these big social media companies lie to the users, and folks give them a free pass. Google, FB, Twitter, and of course reddit.  Hell... some folks are 'fans'. The Google fan-base is more rabid than Apple crowd.  None of these give a rats ass about any of us as individuals. It's about the bottom line. The buck stops there. If it's not money, it's not in the equation."}
{"_id": "143770", "title": "", "text": "I find it funny that I was downvoted and you were upvoted. The article about this today says that 230,000 jobs were expected, not 200,000. The unemployment rate went from 6.1% to 6.2%. So tell me again how this is good news?"}
{"_id": "143787", "title": "", "text": "I'm not comparing the OWS with the tea party...   How were the protests at UC Davis violent and deserving of pepperspray?  &gt;The right to peacefully assemble does not mean you can encircle and block the police from doing their lawful job  Correct. So you feel the proper response is to pepperspray people? Isn't there a better way to move people out of the way? My point was that in the past workers fighting for some workplace safety and better wages had pinkertons kill them because they protested. People fought very, very hard and some died to get where we are currently and with the police and the people okay with pepperspraying I am worried about the bloodbath that might occur when we have to fight again for workplace safety.   &gt;currently politicians are rolling back those protections  &gt;No, they're not.  They are... OSHA is being targeted for budget cuts. If there are no OSHA agents checking that workplaces are safe, then workplaces can and will offer less protections to their workers...   Let me ask you a question, what prevents a race to the bottom with wages and benefits if people don't collectively bargain?"}
{"_id": "143823", "title": "", "text": "So the Euro was doomed from the start because there was no provisions of kicking out and/or halting countries from excessive borrowing?  I think the Euro is stronger in the long run because no single country can put inflationary pressure on the Euro due to irresponsible borrowing by that single state (e.g. United States).  In the end of the day, they have to work their way out of debt with real economic growth thusly making it an attractive currency for the long term."}
{"_id": "143826", "title": "", "text": "&gt; False equivalency  Show me the data that says right wing studies are proven wrong more than left wing studies. I'm fairly certain that data does not exist. Also, you better not show me data from a left wing source or I will have to ignore like you are doing to this data.  Sure, be skeptical - dig in. FIND WHAT IS WRONG WITH THE DATA AND QUIT BITCHING ABOUT FUNDING  EDIT: Downvotes must hate the idea of scientific inquiry, which is all I am asking"}
{"_id": "143844", "title": "", "text": "\"There's a difference between missing a payment and \"\"carrying a balance\"\" (making an on-time payments that are less than the full balance due). I have heard mortgage brokers claim that, if you have no other credit history, carrying a small balance here and there on a credit card may improve your score.  (\"\"Small\"\" is in relation to your available credit and your ability to pay it off.)  But actually missing a payment will probably hurt your score. Example: You have a card with a credit limit of $1000.  In July you charge $300 worth of stuff.  You get the next statement and it shows the balance due of $300 and a minimum payment of $100. If you pay the entire $300 balance in that cycle, most cards won't charge you any interest.  You are not carrying a balance, so the credit scores may not reflect that you actually took a $300 loan and paid it off. If you instead pay $200, you'll be in good standing (because $200 is greater than the minimum payment).  But you'll be carrying a $100 balance into the next statement cycle.  Plus interest will accrue on that $100.  If you do this regularly, your credit score will probably take into account that you've taken a small loan and made the payments.  For those with no other credit history, this may be an appropriate way to increase your credit score.  (But you're paying interest, so it's not free.)  And if the average balance you carry is considered high relative to your ability to pay or to the total credit available to you, then this could adversely affect your score (or, at least, the amount of credit another provider is willing to extend to you). If you instead actually miss a payment, or make a payment that's less than the minimum payment, that will almost certainly hurt your credit score.  It will also incur penalties as well as interest.  You want to avoid that whenever possible. My guess is that, in the game of telephone from the banker to you, the \"\"carrying a balance\"\" was misinterpreted as \"\"missing a payment.\"\"\""}
{"_id": "143858", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.aljazeera.com/news/2017/10/israel-maintains-robust-arms-trade-rogue-regimes-171022100816302.html) reduced by 94%. (I'm a bot) ***** &gt; The issue of Israel&amp;#039;s trade with rogue regimes has been thrust into the spotlight again after revelations that it is sending weapons to Myanmar, in defiance of a US and European arms embargo.  &gt; &amp;quot;Many Western states sell arms, but what&amp;#039;s unique about Israel is that, wherever war crimes and crimes against humanity are being committed, you find Israel is present,&amp;quot; Mack told Al Jazeera.  &gt; &amp;quot;The benefits for Israel are not just measured in money. Often even more important are the diplomatic and strategic alliances Israel can gain from this arms trade.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/7879bm/israel_maintains_robust_arms_trade_with_rogue/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233436 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Israel**^#1 **arms**^#2 **Israeli**^#3 **Myanmar**^#4 **weapons**^#5\""}
{"_id": "143861", "title": "", "text": "In general, the short answer is to use SEDAR, the Canadian database that compiles financial statements for Canadian companies. The financial statements for Pacific Rubiales Energy Corp can be found here.  The long answer is that the data might be missing because in Canada, each province has their own agency to regulate securities. Yahoo might not compile information from such a wide array of sources. If other countries also have a decentralized system, Yahoo might not take the time to compile financial information from all these sources. There are a myriad of other reasons that could cause this too, however.  This is why SEDAR is useful; it 's the Canadian equivalent of the SEC's EDGAR database, and it maintains a sizeable database of financial statements."}
{"_id": "143862", "title": "", "text": "You're on the right track, and yes, that small difference is subject to income taxes. Do you use a payroll service? I do the same thing and use my payroll software to tweak the salary until the paycheck is just a few dollars every month (we run payroll once a month), with the rest going to the 401(k) and payroll taxes. So we're rounding up just a bit just so there's an actual paycheck with a positive number, and a bit does get withheld for fed/state income tax.  Also keep in mind you can make a company match. If your plan is a solo 401(k) with just you and your wife as the sole employees, consider the 25% match for both of you. The match is not subject to payroll taxes because it is a company expense. IRS web page: http://www.irs.gov/Retirement-Plans/One-Participant-401(k)-Plans"}
{"_id": "143865", "title": "", "text": "\"Amazon sellers have themselves to blame for this.  Every single time I've had an issue with shipping (2 weeks for a \"\"2-day delivery), getting the wrong item, getting a broken item, etc. it is from a seller that isn't amazon.  Additionally, their \"\"Prime\"\" items are often from third-party sellers that don't give a shit.  Amazon could do this, or reign in the third party sellers.  This seems easier.\""}
{"_id": "143892", "title": "", "text": "Very odd site, it seems extremely useful but then there are douchey users with superiority complexes that may or may not be real, lmao.   Good point the manager made, cost of living in NY is damn expensive and unless you get aggressive with all the other schmucks there and move up you're not doing yourself a huge favor. I'd take the guaranteed cash, regular hours, and strong possibility of moving high up in the smaller company. Although both options aren't want I'd want to be doing for the rest of my life."}
{"_id": "143894", "title": "", "text": "Without access to the ATM/debit card and with almost nothing in savings, you will probably have to visit a branch to make a cash deposit. If it is too far to drive you might be able to turn the cash into a money order and mail it to the bank, but I would check with the bank to see if that would work. Of course mail will take a day or two."}
{"_id": "143917", "title": "", "text": "Here is a list of solutions I would use starting with the easiest:"}
{"_id": "143919", "title": "", "text": "Exactly. I don't mind my personal information being used to make LinkedIn money -- they provide value back to me by letting me keep track of business relationships. That has a different dollar value for different people, but for me it's pretty high."}
{"_id": "143922", "title": "", "text": "I would like to avoid this, so what I'm thinking about is to open a bank account abroad, and use Transferwise to transfer my HUF to that account.   Do you think this makes sense? It does make sense. The challange is to find a Bank that will allow you to open an account online. Are there any more effective way to save money? Try prepaid cards. You should be able to get these from normal Banks in Hungary or other reputed financial institutions. You will have a visibility of the rates and it would be one time conversion."}
{"_id": "143925", "title": "", "text": "Everyone should keep track of what they spend. When you see how much you are spending on each category of expense, you can make good decisions about how much your life is improved by something vs. how much you spend on that thing.  Everyone makes better decisions when they are informed by accurate information about those decisions. There's no reason why personal finances are different from any other decision you make in life. This remains true whether you make very little or very much. Some people define rich as being able to live on less money than you earn."}
{"_id": "143945", "title": "", "text": "Some can't see there is a bigger picture here. Our government has some long standing issues that need addressing regardless of who is president. Meh, don't care much about downvotes from clever monkeys who'd rather engage in a political pissing contest."}
{"_id": "143947", "title": "", "text": "Socialism is not mentioned anywhere in the article, and price controls existed in human civilization before socialism was a concept.  Secondly, stocked supermarkets are not the same as population's well being. I was in Soviet Union in the middle of perestroika when the system went from everybody having money and there was nothing to buy, to supermarkets having everything and no one having cash. The quality of life was actually going down precipitously for vast majority of the population, and they didn't quite recover to this day (although there is absolutely no shortage of $3000 lingerie sets at fashion stores on Tverskaya)."}
{"_id": "143949", "title": "", "text": "This entire situation is extremely far from the revenue generating aspects of the company. If they can contain this issue within a year and a half and within many dozens of millions of dollars, I don't see it affecting them. They've already endured plenty of bad PR seemingly unscathed and have large cash reserves. Everybody still wants their shares too, it's not like they're tanking. Regulations, driver unionization, and slow CEO turnover are much bigger threats."}
{"_id": "143951", "title": "", "text": "Yea I know they are. I want to get them out of the way though and my firm gives me the support to take whatever. Cfp I'm looking at a year or more of studying. 9/10 I could crank out in a couple of months. Not sure if I want to go management or consultant route. But thank you!"}
{"_id": "143954", "title": "", "text": "Double majors are a huge waste of time for these jobs. Literally no one gives a shit. /u/zacharyheat/, ignore this person.  Go for lower and mid-tier banks to get started. Depending on where you are in the SEC, that means BBVA Compass, BB&amp;T, SunTrust. If you're at a targeted school, can try for BofA/Wells in Charlotte, but the GPA is going to be an issue."}
{"_id": "143969", "title": "", "text": "Does your business need test and tag services? Do you need your annual check up on power tools and office equipment? Then call the Test and Tag Professionals. With over 15 years experience servicing Brisbane, our team of professional, qualified test and tag technicians will get the job done right, fast and affordably. Call us today to find out more."}
{"_id": "143972", "title": "", "text": "Automation is definitely closing the cost gap. But for reasons that go well beyond automation alone. You have to look at the entire supply chain, not just your in plant cost of adding value to products. Even something as simple as waiting days or weeks to get parts for something that broke that can multiply the $1k a year labor cost many times. You can't just call the local hardware store in many places to solve even relatively simple problems. Then you have to worry about the logistics of getting your finished product transported to external markets. Especially when much of the transport is done over poorly maintained, or even gravel roads full of pot holes and rain gullies. How much durable capital, both coming and going, gets damaged in the process? This is even before taking the uncertainty cost of corruption and bribery into account. Even just simple problems can easily cost you a week labor out of each month, and the supply chain issues add up nonlinearly.  As the factory itself becomes more automated the cost of these supply chain issues just keeps increasing relative to other cost, even as the supply chain cost remains constant. Hence the supply chain cost, as a ratio of total cost, actually goes up faster than the rate at which automation itself is increasing. Which requires a fully modernized infrastructure and business environment to address. Something that is extraordinarily expensive to build from scratch."}
{"_id": "143977", "title": "", "text": "&gt;&gt; only indicate interests  &gt; Yet you said you would not hire based on the undergrad.  You really try to NOT understand what I said and even fail in common sense, that I have.  I said that given a choice between a Music major and an IT major for entry level position, no experience needed, I would definitely not hire Music majors. I would only hire IT majors. Would you do differently? Yes or no?  And if you insist on remembering the wrong things, I also said the for more advanced positions, what counts is the experience and knowledge, regardless of original degrees. Did I say that? Yes or no?  I also said that someone who studied 7 years Music for a BA and a Master is very unlikely to be an IT expert. Their real interests are not IT. So I would extremely suspicious if they become CHIEF Information Security Officer.  Susan is the proof of all that: failure in her music career, failure in her IT security career, total corrupt corporate hiring process, and she's responsible for the biggest breach of personal data in history.  P/S: You know that she was fired from Equifax! Any ideas why, if she's such a qualified person? Maybe it's not her fault at all and some idiot IT expert working for her caused all the issues? Do you know why I asked this last question, that maybe it's an IT expert working for her who caused the issue? Guess!"}
{"_id": "143983", "title": "", "text": "Document everything. Never let it be your word against her. When you have enough contact HR. As the investigation gets started make the point that your work environment has become intolerable and that you intend to work elsewhere. In the most polite of ways ask for a positive recommendation. Assuming your boss isn't fired. If she you could stay."}
{"_id": "143998", "title": "", "text": "PayPal transactions are not taxed in Australia. Income is taxed, and Ad network income is income.  Your relative will receive the money, and will have to declare the income so it can be taxed.  Your relative will then have to pay the tax. If you are to do this, you should transfer enough money from each payment for your relative to pay the tax; the rest you can move around however you wish."}
{"_id": "144002", "title": "", "text": "1) The risks are that you investing in financial markets and therefore should be prepared for volatility in the value of your holdings. 2) You should only ever invest in financial markets with capital that you can reasonably afford to put aside and not touch for 5-10 years (as an investor not a trader). Even then you should be prepared to write this capital off completely. No one can offer you a guarantee of what will happen in the future, only speculation from what has happened in the past. 3) Don't invest. It is simple. Keep your money in cash. However this is not without its risks. Interest rates rarely keep up with inflation so the spending power of cash investments quickly diminishes in real terms over time. So what to do? Extended your time horizon as you have mentioned to say 30 years, reinvest all dividends as these have been proven to make up the bulk of long term returns and drip feed your money into these markets over time. This will benefit you from what is known in as  'dollar cost averaging' and will negate the need for you to time the market."}
{"_id": "144005", "title": "", "text": "As I write this, the NASDAQ Composite is at 2790.00, down 6.14 points from yesterday. To calculate the percentage, you take 6.14 and divide by yesterday's close of 2796.14 to yield 0.22%. In your example, if SPY drops from 133.68 to 133.32, you use the difference of -0.36 and divide by the original, i.e. -0.36/133.68 = -0.27%. SPY is an ETF which you can invest in that tracks the S&P 500 index. Ideally, the index would have dropped the same percentage as SPY, but the points would be different (~10x higher). To answer your question about how one qualifies a point, it completely depends on the index being discussed. For example, the S&P 500 is a market-capitalization weighted index of the common stock of 500 large-cap US public companies. It is as if you owned every share of each of the 500 companies, then divide by some large constant to create a number that's easily understood mentally (i.e. 1330). The NASDAQ Composite used the same methodology but includes practically all stocks listed on the NASDAQ. Meanwhile, the Dow Jones Industrial Average is a price-weighted index of 30 large-cap companies. It's final value is modified using a divisor known as the Dow Divisor, which accounts for stock splits and similar events that have occurred since a stock has joined the index. Thus, points when referring to an index do not typically represent dollars. Rather, they serve as a quantitative measure of how the market is doing based on the performance of the index constituents. ETFs like SPY add a layer of abstraction by creating an investible vehicle that ideally tracks the value of the underlying index directly. Finally, neither price nor index value is related to volume. Volume is a raw measurement of the total number of shares traded for a given stock or the aggregate for a given exchange. Hope this helps!"}
{"_id": "144009", "title": "", "text": "It also depends on what kind of investment account you are putting this in. Since a TFSA account doesn't get taxed on the return, it might make sense to put higher risk investments in that account. Of course, MDJ's comment about looking at tax brackets is also important..."}
{"_id": "144030", "title": "", "text": "\"There are many questions and good answers here regarding investment choices. The first decision you need to make is how involved do you intend to be in investment activity. If you plan to be actively investing by yourself, you should look for questions here about making investment choices. If you intend to be a more passive investor, look for posts by \"\"Bogleheads\"\", who focus on broad-focused, low cost investments. This is the optimal choice for many people. If you are not comfortable managing investments at all, you need to figure out how to find a competent and reasonably priced financial advisor to meet with and guide your investment strategy. This advice generally costs about 1-2% of your total managed assets annually.\""}
{"_id": "144033", "title": "", "text": "The Creation/Redemption mechanism is how shares of an ETF are created or redeemed as needed and thus is where there can be differences in what the value of the holdings can be versus the trading price. If the ETF is thinly traded, then the difference could be big as more volume would be where the mechanism could kick in as generally there are blocks required so the mechanism usually created or redeemed in lots of 50,000 shares I believe. From the link where AP=Authorized Participant: With ETFs, APs do most of the buying and selling. When APs sense   demand for additional shares of an ETF\u2014which manifests itself when the   ETF share price trades at a premium to its NAV\u2014they go into the market   and create new shares. When the APs sense demand from investors   looking to redeem\u2014which manifests itself when the ETF share price   trades at a discount\u2014they process redemptions. So, suppose the NAV of the ETF is $20/share and the trading price is $30/share. The AP can buy the underlying securities for $20/share in a bulk order that equates to 50,000 shares of the ETF and exchange the underlying shares for new shares in the ETF. Then the AP can turn around and sell those new ETF shares for $30/share and pocket the gain. If you switch the prices around, the AP would then take the ETF shares and exchange them for the underlying securities in the same way and make a profit on the difference. SEC also notes this same process."}
{"_id": "144051", "title": "", "text": "\"Since you seem to have trouble reading, I'll link it again.   https://www.cato.org/publications/policy-analysis/negative-effects-minimum-wage-laws  And there are numerous \"\"competent\"\" economists who say, and have said for a long time, that minimum wage laws are horrible for minorities and underprivileged groups. Also minimum wage has the added effect, thanks to the Fed and fiat currency, of accelerated inflation which damages every consumer in the economy.\""}
{"_id": "144054", "title": "", "text": "\"Google for \"\"unclaimed funds\"\" You might need to do it for each state separately.\""}
{"_id": "144059", "title": "", "text": "\"http://www.businessinsider.com/who-owns-us-debt-2011-7?op=1  Foreign governments own about 32% of U.S. debt.  It's not a majority, but it's still nothing to sneeze at.  Social Security owns 19%  \"\"The Fed\"\" owns 11+%  U.S. Households (including hedge funds) own 6+%  Private Pensions 3+%  Money Market Mutual Funds 2+%  State, Local, and Federal Retirement Funds 2+%  Commercial Banks 2%  Mutual Funds 2%  Oil Exporting Countries 1.6%  Caribbean Banking Centers 1%\""}
{"_id": "144070", "title": "", "text": "\"Do you have any idea what a product manager does? It's a pretty accurate description of the job.  The PM is responsible for strategy, direction, product/market fit, features, roadmap, and pretty much everything associated with that product. You own the P&amp;L. The buck stops with you when it comes to the product.  The \"\"CEO of your product\"\" description is the classical description of what a PM is, because you're running an entire line of business that can be worth hundreds of millions of dollars.\""}
{"_id": "144071", "title": "", "text": "The need for freeze dryer oil can be satiated by VacOil. Freeze dryer functions in a convoluted way and is indeed an essential requirement. In order to keep the durability of freeze dryer in check, the use of freeze dryer oil is extremely imperative, which VacOil could be relied on to deliver."}
{"_id": "144077", "title": "", "text": "Banks cannot just borrow from the Federal Reserve and use that money to make loans. The first thing you need to understand is how fractional reserve banking works. The banks can make loans with money that their customers have deposited in their accounts. The interest and fees from those loans go to pay the salaries of those working at the banks with leftover profit to pay dividends (interest on your bank accounts).  The only reason that the Federal Reserve allows overnight lending is so that banks don't immediately become insolvent if they have larger than usual withdrawals by their depositors. The Federal Reserve keeps an eye on the balance sheets of the banks that are doing the borrowing, and if they didn't have assets in the form of deposits, they would force the banks to sell the loans that were made from those deposits. What does this have to do with personal finance? I think this question is only marginally on-topic here. This amount of money in circulation is affected specifically by the fraction of the money that can be used for making other loans. But the bigger influence is the rate that the Federal Reserve charges for overnight lending. They raise and lower the rates which affects the rates that the banks can lend at while remaining profitable."}
{"_id": "144079", "title": "", "text": "In general over the longer term this is true, as a company whom continuously increases earnings year after year will generally continue to increase its share price year after year. However, many times when a company announces increased earning and profits, the share price can actually go down in the short term. This can be due to the market, for example, expecting a 20% increase but the company only announcing a 10% increase. So the price can initially go down. The market could already have priced in a higher increase in the lead up to the announcement, and when the announcement is made it actually disapoints the market, so the share price can go down instead of up."}
{"_id": "144082", "title": "", "text": "It absolutely makes sense. The NFL is run by assholes. It has tax exempt status. It denied the link between concussions and brain injuries. The teams demand huge tax breaks and/or stadiums from their home towns, under threat of leaving. The scum of the earth.  Go Lions!"}
{"_id": "144109", "title": "", "text": "\"Yes, it can be done.  See \"\"Scenario 4\"\" at Isolating 401(k) basis - Fairmark.com.  Though that article is primarily about getting after-tax 401(k) money into a Roth IRA, Scenario 4 applies to the scenario you are asking about. At a high level you do exactly what you say -- transfer the pre-tax money from your trad IRAs to a 401(k) (btw, a solo 401(k) will work for this also -- doesn't have to be your employer's -- but then you need to be eligible to set up a solo 401(k)).  This is allowed because qualified plans can't accept after after-tax traditional IRA money, so the transfer overrides the usual pro rata rules and \"\"strains\"\" the basis out and leaves it in the trad IRA.   However, there's a mismatch between the intent of Congress (as indicated by the Joint Committee on Taxation report on the law) and the actual text of the law as detailed in the Fairmark article which while it doesn't stop you from doing this adds a couple of hoops to jump through if you want to be in total compliance with the law.\""}
{"_id": "144111", "title": "", "text": "Another option is the new 'innovative finance isa' that allow you to put a wrapper round peer to peer lending platform investments. See Zopa, although I don't think they have come out with an ISA yet."}
{"_id": "144114", "title": "", "text": "As you are in UK, you should think in terms of Tax Free (interest and accumulated capital gains) ISA type investments for the long term AND/OR open a SIPP (Self Invested Pension Plan) account where you get back the tax you have paid on the money you deposit for your old age. Pensions are  the best bet for money you do not need at present while ISAs are suitable for short term 5 years plus  or longer."}
{"_id": "144123", "title": "", "text": "You think having to pay to get on a road is preferential to the government collecting money and letting anyone use the road?  So, I'd have to pay a toll every time I went to the grocery store, or pay for a monthly driving pass?  What if a company bought out the company that owned the road to my house and doubled the toll?   What it was no longer profitable to maintain the road to my small neighborhood?  I'd have to move?  That doesn't sound like a good idea *at all*."}
{"_id": "144129", "title": "", "text": "The company that's apparently going to pay this rent wants to treat it as a business expense.  They are asking for your SSN because they expect to issue a 1099-MISC. (They probably gave you a Form W-9? It's not mandatory but it's common to request a taxpayer ID on this form.) There are a couple of issues at play here:"}
{"_id": "144158", "title": "", "text": "Actually, that does make sense. If the government has less influence over domestic economics, then big business will have no reason to infiltrate it.  Now if we can manage to do that and then re-purpose those subsidies to social reform, that could be nice."}
{"_id": "144177", "title": "", "text": "\"If you owned a bank how would you invest the bank's money?  Typically banks are involved in loaning out money to businesses, people, and government at a higher interest rate then what they are paying to depositors.  This is the spread and how they make money. If the bank determines that the yields on government bonds is more attractive then loaning the money out to businesses and people then the bank will purchase government bonds.  It can also decide the other way.  In this manner the mortgage and bond markets are always competing for capital and tend to offer very similar yields. Certain banks have the unique privilege of being able to borrow money from the FED at the Federal Funds rate and use this money to purchase government debt or loan it out to other banks or purchase other debt products. In this manner you see a high correlation between the FED funds rate, mortgage rates, and treasury yields.    Other political factors include legislation that encourages mortgage lending (see Community Reinvestment Act) where banks may not have made the loans without said legislation. In short, keep your eye on the FED and ask yourself: \"\"Does the FED want rates to rise?\"\" and \"\"Can the US government afford rising rates?\"\"  The answer to these two questions is no.  However, the FED may be pressured to \"\"stop the presses\"\" if inflation becomes unwieldy and the FED actually starts to care about food and energy prices.  So far this hasn't been the case.\""}
{"_id": "144181", "title": "", "text": "For manual conversion you can use many sites, starting from google (type 30 USD in yuan) to sites like xe.com mentioned here. For programmatic conversion, you could use Google Calculator API or many other currency exchange APIs that are available. Beware however that if you do it on the real site, the exchange rate is different from actual rates used by banks and payment processing companies - while they use market-based rates, they usually charge some premium on currency conversion, meaning that if you have something for 30 dollars, according to current rate it may bet 198 yuan, but if he uses a credit card for purchase, it may cost him, for example, 204 yuan. You should be very careful about making difference between snapshot market rates and actual rates used in specific transaction."}
{"_id": "144190", "title": "", "text": "You can receive funds from US Client as an individual. There is no legal requirement for you to have a company. If the transactions are large say more than 20 lacs in a year, its advisable to open a Private Ltd. Although its simple opening & Registering a company [A CA or a Laywer would get one at a nominal price of Rs 5000] you can do yourself. Whatever be the case, its advisable to have seperate accounts for this business / professional service transactions. Maintain proper records of the funds received. There are certain benefits you can claim, a CA can help you. Paying taxes in Advance is your responsibility and hence make sure you keep paying every quarter as advance tax. Related questions Indian citizen working from India as freelancer for U.S.-based company. How to report the income & pay tax in India? Freelancer in India working for Swiss Company Freelancing to UK company from India How do I account for money paid to colleagues out of my professional income?"}
{"_id": "144192", "title": "", "text": "How is putting a gun to a persons head and saying give me your money or else I will cuff you and put you in jail not stealing?  If a person can't muster up enough enough skill (I.e showing up showered) to work an entry level job and they aren't disabled then they are just lazy. We should not be encouraging laziness."}
{"_id": "144200", "title": "", "text": "If you just buy a few lotto tickets normally, then no, it's not going to be a good investment, as @Jasper has shown. However, there are certain scenarios where you can get a positive expected value from a lottery. In 2012, it was revealed that some MIT students found a scheme to game the Massachusetts state lottery.  The game, called Cash WinFall, had a quirk in the rules: the jackpot prize was capped at $2 million.  Any money in the jackpot beyond $2 million would increase the payout of the consolation prizes.  Thus, the game would sometimes have a positive expected value.  The return on investment was 15% to 20% \u2014 enough for the participants to quit their jobs. This specific loophole is no longer available: a cap was placed on the number of tickets sold per store, then the game was discontinued altogether. Another possible strategy is to buy enough tickets to nearly assure a win, as one investment group did in 1992.  Given a large enough jackpot, this strategy can yield a positive expected value, but not a guaranteed profit. Caveats include: Or, you might be a genius and exploit a flaw in the lottery's pseudorandom number generator, as one statistician did in an Ontario scratch-off lottery in 2011."}
{"_id": "144208", "title": "", "text": "The idea of a stockmarket is multiple people betting on the value of an asset and then getting paid the difference between their bet and the real value of the asset.  The goal being to keep the value of the stock as accurate as possible so capital is allocated to companies that will use it most efficiently.  The reward for people making these bets is a portion of that capital.    What you are suggesting is just a graph of the average happiness.  The difficult part of turning this into a market, is being able to assign value to happiness, value that you can gain or lose by choice.      Ironically, money is a indicator of happiness.  When apple came out with the iPhone, people saw it and decided it would make them happier if they owned it creating demand.  Investors noticed that people believed owning an iphone would make them happier so they bid up the price of AAPL stock.  People are happier with their iPhones and investors benefitted from this happiness and got cash allowing them to spend money on things to increase their happiness.    In order to extract happiness from the stock market a lot of other things come into play.  A biotech company curing cancer would be a solution to something that drastically decreases happiness.  Increasing alcohol sales might be a result of people trying to offset the sadness in the short term but in the long term it is a depressant and doesn't make you happy.  An individual might be happier with an extra $10B but overall 1 million people getting $10k each would increase average happiness much more.  But somebody like buffet can invest in companies that can generate way more happiness than just handing out cash.    The happiness report is an annual report of happiness.  Looking at these results next to the Gini coefficient (income inequality), and industry growth by country might start to give you an idea of what affects happiness.  For instance in Africa income inequality could sky rocket while the stock market plummets and happiness could still increase because of public health investments made years ago, causing the infant mortality rate to plummet.  If you want to think about this topic I recommend reading the great escape by Angus Deaton."}
{"_id": "144211", "title": "", "text": "Yeah, reddit is full of ppl just trying to push their side/story (usually liberal vs conservative), I figured that it's best to take just a moderate/rational approach and figure out what's best in each situation.   from a purely economic standpoint racism is extremely irrational (there are some specific examples where it can be rational, but that is always due to other external factors making it rational in that specific situation, not because it is actually rational).   Yes, you're right that there is a huge growth potential. Africa tends to have a ton of natural resources per capita and a young population (lots of time left to work/produce) that can produce a lot in their lives. The issues are that they need to cut corruption, focus on educating their citizens, and encourage economic production (stronger property rights really help here!). The battle between religions (specifically strict adherence to Sharia law &amp; Islamic religious doctrine with Al-shabab, ISIS, and Boko Haram) is a huge issue there as well."}
{"_id": "144221", "title": "", "text": "Go through the IRS Publication 521. Generally, relocation assistance is given either as : or"}
{"_id": "144234", "title": "", "text": "\"I have seen Dave Ramsey give extremely bad retirement advice in the past. For example, he turned fund fees into a political issue and said people who worry about mutual fund fees are [\"\"from a liberal political perspective...\"\"](https://youtu.be/zR64-Ea_r5U?t=214) They are *actually* concerned about the [compounding returns of investors ](https://www.youtube.com/watch?v=KuZvu_h3x1A) and how higher fees will eat at them, rather than the amount of money that investment companies will get in fees. There's no politics involved at all, he's just a blabbering idiot.  I don't see any reason to follow his advice.\""}
{"_id": "144261", "title": "", "text": "\"Index funds are well-known to give the best long-term investment. Not exactly. Indexes give the best long term performance when compared to actively managing investments directly in the underlying stocks. That is, if you compare an S&P500 index to trying to pick stocks that are part of it, you're more likely to succeed with blindly following the index than trying to actively beat it. That said, no-one promises that investing in S&P500 is better than investing in DJIA, for example. These are two different indexes tracking different stocks and areas. So when advisers say \"\"diversify\"\" they don't mean it that you should diversify between different stocks that build up the S&P500 index. They mean that you should diversify your investments in different areas. Some in S&P500, some in DJIA, some in international indexes, some in bond indexes, etc. Still, investing in various indexes will likely yield better results than actively managing the investments trying to beat those indexes, but you should not invest in only one, and that is the meaning of diversification. In the comments you asked \"\"why diversify at all?\"\", and that is entirely a different question from your original \"\"what diversification is?\"\". You diversify to reduce the risk of loss from one side, and widen the net for gains from another. The thing is that any single investment can eventually fail, regardless of how it performed before. You can see that the S&P500 index lost 50% of its value twice within ten years, whereas before it was doubling itself every several years. Many people who were only invested in that index (or what's underlying to it) lost a lot of money. But consider you've diversified, and in the last 20 years you've invested in a blend of indexes that include the S&P500, but also other investments like S&P BSE SENSEX mentioned by Victor below. You would reduce your risk of loss on the American market by increasing your gains on the Indian market. Add to the mix soaring Chinese Real Estate market during the time of the collapse of the US real-estate, gains on the dollar losing its value by investing in other currencies (Canadian dollar, for example), etc. There are many risks, and by diversifying you mitigate them, and also have a chance to create other potential gains. Now, another question is why invest in indexes. That has been answered before on this site. It is my opinion that some methods of investing are just gambling by trying to catch the wave and they will almost always fail, and rarely will individual stock picking beat the market. Of course, after the fact its easy to be smart and pick the winning stocks. But the problem is to be able to predict those charts ahead of time.\""}
{"_id": "144279", "title": "", "text": "\"Yeah that's the big global wealth redistribution scam of it. China already has hive cities like something out of Sci-Fi movies. But it's still a \"\"developing economy\"\" so doesn't have to cut any emissions apparently lol. It's no wonder they were happy to sign along with every other 3rd world nobody who loses nothing by doing so.\""}
{"_id": "144290", "title": "", "text": "I wouldn't choose any of the above. Buying stocks and staying long in my case is the cheapest way to go (retail brokerage commissions have just been getting cheaper and cheaper. )   The added costs of trading options make it even dicier for me, a retail investor, to take risks. To understand how to make money with options, I'd have to be much more sophisticated investor."}
{"_id": "144292", "title": "", "text": "Sorry, I didn't mean to knock your post.  I do think you have valid points.  I think it's great to see discussions on the pros and cons on the VC/Start-up world.  My previous work experience was at a start-up that made it big (sold 90% to News Corp at $400mm valuation), but was funded by angel investors, so it was a different situation.  I'm currently getting my MBA now so am looking at the space from both the VC perspective and the Start-up perspective.  VCs can provide real value to start-ups, and they can also harm them.  However, no one is forcing the start-ups to take VC money; most do because it provides a higher probability for a faster path to success.  The investment doesn't come free obviously, as you pointed out.  The hours are horrible and you lose significant control.  In many situations founders are taken away from the main leadership role.  That doesn't seem fair.  However, if someone sold the voting shares of their company, they are opting in for that risk.  The truth of the matter is that a lot of the people who are amazing at the ideas that birth the start-ups are horrible at the day-to-day management.  Sometimes VCs step in and make the necessary changes to ensure the best chance at company profitability.  Is it fair? Yes.  Does it suck for the person ousted, absolutely.  It's an oversimplification to say this is all bad or all good.  It all depends on the situation.  However, yes, there are VCs who are predatory and use their superior knowledge of how business, financing, and whatever else work to extract as much as they can from their portfolio companies.  Yet there are also some who honestly love the industry and want to help companies grow.    Your article's stance is good because it prompts a discussion.  However, as I originally felt, it does not do it as effectively as it could in my opinion.  That's awesome you got a ton of re-tweets, but as you say on your blog, it's about substance, not the glitter and rainbows.    Edit: Voting brigades don't count as glitter and rainbows?"}
{"_id": "144301", "title": "", "text": "I wasn't arguing that people shouldn't be able to have sex or that it should be restricted in any way, so I'm not sure what strawman you are arguing.  All I did was ask a question and point out the obvious which is that if you have an irresponsible person, giving them free condoms isn't likely to prevent unwanted pregnancies because an irresponsible person isn't likely to *use* them. They have to have a certain level of responsibility to even have the foresight to consider the long-term consequences of getting pregnant first (and obviously Fran failed at that... *twice!*).  For teenagers, the availability of condoms/contraceptives may help since the problem for them may be the embarrassment of going to the store to buy them, but this isn't the same as not being able to *afford* them."}
{"_id": "144302", "title": "", "text": "One of the links showed: Specifically, for 2013, your child can contribute the lesser of: her earned income for the year or $5,500. This is correct. And while I have no issue with fool.com in general, I am a strong believer that when one cites numbers like this, the article should also state the year involved. As I quoted above.  Littleadv's answer was pretty comprehensive. All I'd add is that for a child who is likely in the zero bracket for earned income, the Roth is preferable.  Last, not to nit-pick, but the deposit does not need to be their money. My daughter earned $2300 in 2012, her $2000 Roth deposit can be from my gift to her. Or from any source. No paper trail as to the source of income is required, only that the income exist.  On re-reading I see I left out - the deposits can be spread over as many accounts as you wish, and the total is for IRA/Roth IRA total. It's silly to take small sums and create multiple accounts. Until the value is above a certain level, just find the one broker who can cover what you want to invest in."}
{"_id": "144304", "title": "", "text": "Buy a home. A home is the first and best investment, u can own a home with as little as 3% down and as u pay for your living u pay it off.....also banks will always give you equity loans in case you need your money"}
{"_id": "144313", "title": "", "text": "Generally it is advisable to mention what country you're asking about, as tax laws differ. To the best of my knowledge, however, this particular issue is handled consistently in every tax jurisdiction I'm familiar with. You invested X, it appreciated and is now worth X + Y. In your example, X = $10,000 and Y = $40,000. Total X + Y = $50,000. When you withdraw an amount, say A (in your example A = $10,000), it is considered a withdrawal of both the earnings and the original capital, in proportion to the total of your account. Taxable portion of the withdrawal is proportional to the earnings. Lets mark it T. In your example, T = $10,000 - $10,000 * $10,000/$50,000 = $8,000. I.e.: 80% of the withdrawal will be attributed to earnings and would be taxable (short term in your case, if you're in the US), and 20% to the original capital. This will keep the proportion of the remained the same - 20% of the remaining amount will be attributed to the original capital (accidentally, it will be $8,000), and the remaining 80% will be attributed to the earnings. The withdrawn amount attributed to the capital ($2,000), and the remaining amount attributed to the capital ($8,000) will equal exactly to the invested amount."}
{"_id": "144339", "title": "", "text": "\"&gt; ...from McConnell's POV, that's where the amorphous \"\"spirit of the system\"\" was broken.   I don't see how.  Scalia's nomination happened in a Republican controlled Senate.  Bork's nomination happened in a Democrat controlled one.  Also twice before, with Haynsworth in 1969 and Carswell in 1970, a Democrat Senate rejected a Republican appointment so Bork was not unprecedented.  Since that same time, a Democrat Senate has approved 7 Supreme Court justices appointed by a Republican president.  The last time a Republican Senate approved a Democrat appointment?  1895.  Even if you're right about McConnell's opinion, then he should have brought the nomination to the floor and insured it failed as that would have been an equal violation of the spirit of the system.  He went beyond that.  &gt; The topic at hand is healthcare...  Agreed, and a bipartisan healthcare bill is not possible while the Republican party acts without integrity.  &gt; As many times as it takes to find someone on the other side to work with to actually accomplish anything.  I understand the perspective and embraced it twenty years ago.  Today I see this as purposefully bringing a knife to a gunfight.  &gt; No GOP senator who failed to Repeal is going to want to talk about health care at all come re-election time...  If it is a hot-button issue, I disagree.  They will either blame the Democrats for obstructing real reform or blame Democrats for the compromise Republicans had to make.  Think about the ACA.  Republicans have made it an incredibly divisive issue despite the fact that the core is a Republican solution and most of the talking-point problems are either illusion on Republican caused.  &gt; Deeper trenches just lead to a longer war.  Bill Maher has a joke I like: \"\"The left has moved right and the right has moved into the loony bin.\"\"  I think the Democrats generally don't dig in and as a result ended up digging new trenches further to the right of where they were.  Republicans now push mantras like \"\"Government is the problem, not the solution\"\", \"\"Freer markets lead to more opportunity\"\", \"\"You will get more money by letting the rich keep more of theirs\"\", and \"\"Immigrants and the poor are taking your job.\"\"  This narrative is toxic and is only emboldened with Democrat willingness to keep communication open.  Thanks for your well thought out reply, /u/BigKev47.\""}
{"_id": "144341", "title": "", "text": "Sounds about right. Also note that you're usually at the mercy of your job for what's available; if all your choices are terrible (high fees and or low interest), that should figure into your calculations."}
{"_id": "144344", "title": "", "text": "\"to me, the most relevant question after reading article is \"\"does Google get more information from me by using Chrome instead of FF? assuming google.com is my default search anyway.\"\" I've always been wary of Chrome just because of this question. ??\""}
{"_id": "144349", "title": "", "text": "Depends on what you are, an investor or a speculator. An investor will look at an 'indefinite' investment period. A speculator will be after a fast buck. If you are an investor, buy your stock once as that will cost less commissions. After all, you'll sell your stock in 10, 15, 20 years."}
{"_id": "144353", "title": "", "text": "\"Actually no. People were independant long before the concept of a \"\"modern\"\" school came into being. People are able to teach themselves. Why should I go to another country to be happy? Why can't I buy a piece of land and stay on it and take care of myself without being extorted?\""}
{"_id": "144363", "title": "", "text": "Just take it to a bank that will count it and give you cash or put it in your account.  Don't bother counting it and rolling it.  They will just break the rolls and throw it into a change counting machine.  I did that once and never will again after I saw that years ago.  The local bank I used for this offered it as a free service. You could also use those coinstar machines found in many grocery stores and various outlets, but they take like 8 or 9%.  Unless time/hassle is of concern, why do that when there are possible free options?"}
{"_id": "144371", "title": "", "text": "I like the one about writing several versions. I think that is key. If I find myself stuck, sometimes I just say to myself \u201cwhat are you trying to say?\u201d and then I write down the answer. Then I can take that and hone it. Nice article!"}
{"_id": "144405", "title": "", "text": "No, I did not get upset or went overboard. Sorry if you got that impression.  I am discussing this topic with you.  To summarize: the future is exchangeable battery because no battery today and in the near future can be used for a very long drive.  You will pay only for the electricity you consumed from the battery. You will pay more per KW than you pay for KW consumed at home because you have to pay for additional costs and profits by Tesla.  You will not pay for the battery because you don't own the battery. It's exchanged every time.  If you want, and you mostly do short drives, you can buy a car with a fixed set of batteries, costing a lot of money, but you will not have to pay the fees for KW you charge into it at your home."}
{"_id": "144431", "title": "", "text": "What I did not understand when I first called is that margin able account means the ability to borrow margin, but not the necessity of borrowing. Like I was saying, it is something I am going to do a lot of due diligence on before I plunge in. I have a general vague idea of futures, and thus why I was asking for info on the matter."}
{"_id": "144433", "title": "", "text": "I've seen this approach to buying/funding cars described in a couple of different ways over the years. Random thoughts:"}
{"_id": "144439", "title": "", "text": "Depending on your income, you may owe AMT instead of the taxes from the regular code.  Even if you don't do that, you may hit the place where you have to at least check if you owe AMT. As you probably know, AMT was established early on to catch the wealthiest of tax payers who were able to use various loop holes in the code to pay much less tax than one would expect.  Over time the limits on AMT have not risen with the rising wage gap, and AMT catches an increasing number of tax payers each year.  If the limit is not raised at all for 2010 then it will catch even more people this year.   AMT has worked it's way into the upper-middle class fairly solidly, especially if you exercise stock options whose strike price is significantly different than the current sale price."}
{"_id": "144464", "title": "", "text": "You should fund the 401(k) and get the 4% matching because it's free money. When you leave the US, patience is a virtue to get the money penalty-free: Or you can take the 10% penalty and take out the money all at once. You'll still owe income tax in either case, something to keep in mind if an early withdrawal would put you into a higher tax bracket. Also see this article: Can Foreigners Withdraw 401(k) Funds Early? Another thing to keep in mind is that you never know what might happen -- you could fall in love with the US (or someone in the US, [smiley face]), apply for residency, decide to stay a long time, and that 401(k) with the 4% matching might turn out to have been a very nice thing when you retire."}
{"_id": "144521", "title": "", "text": "There are two common filings under the bankruptcy code. Chapter 11 provides for the company to be reorganized and prevents the creditors from suing for their debts for a period. Hopefully the company becomes profitable and can pay the creditors later, possibly negotiating a reduction in debt, or an exchange of stock for debt. Chapter 7 is liquidation, in which the company is sold with the proceeds going to the creditors. (I may have some of this wrong, as I am just writing this off the top of my head.)"}
{"_id": "144526", "title": "", "text": "Social contract is what makes a society work.  I don't see how it is rooted in theft.  If an individual doesn't want to honor it, I suppose the proper thing to do is to leave and find a place that better suits them.  One story I've read of people renouncing their US citizenship was about expatriates who can't afford to pay US taxes on top of local taxes.  I can empathize with a situation like that.  At least they're not trying to have it both ways by not paying taxes and remain US citizens."}
{"_id": "144557", "title": "", "text": "Okay let's try this a different way. Completely forget about what the bond is with. Here is how a bond works:   * You get paid interest for holding the bond (5% interest means a coupon of $50 assuming one coupon a year)    * At the end of the bond term (maturity) you get paid $1000.     In your scenario, you get paid the $50 as an interest payment and the $1000 final payment.    If you only had the bond for one year, your total payment will be $1050.     Try drawing a timeline to visualise it a bit better"}
{"_id": "144561", "title": "", "text": "\"An international Outlook (in this case Sweden in European Union). According to laws and regulations large cash transactions are considered conspicuous. The law makers might have reasoned is that cash transactions can be used in as example: - financing terrorism - avoiding taxes - buying or selling illegal goods such as drugs or stolen items - general illegal transactions such as paying bribes Starting there, all banks (at least in Europe) are required to report all suspicious transactions to the relevant authorities (in Sweden it is Finanspolisen, roughly the Financial Police). This is regardless of how the transactions are performed, in cash or otherwise. In order to monitor this all banks in Sweden are required to \"\"know the customers\"\", as example where does money come from and go to in general. In addition special software monitors all transactions and flags suspicious patterns for further investigation and possibly notification of the police. So, at least in Sweden: there is no need to get permission from the FBI to withdraw cash. You will however be required to describe the usage of the Money and your description will be kept and possibly sent to the Financial police. The purpose is not to hinder legitimate transactions, but to Catch illegal activities.\""}
{"_id": "144563", "title": "", "text": "The thing you get wrong is that you think the LLC doesn't pay taxes on gains when it sells assets.  It does. In fact, in many countries LLC are considered separate entities for tax properties and you have double taxation - the LLC pays its own taxes, and then when you withdraw the money from the LLC to your own account (i.e.: take dividends) - you pay income tax on the withdrawal again. Corporate entities usually do not have preferential tax treatment for investments. In the US, LLC is a pass-though entity (unless explicitly chosen to be taxed as a corporation, and then the above scenario happens). Pass-through entities (LLCs and partnerships) don't pay taxes, but instead report the gains to the owners, which then pay taxes as if the transaction was their personal one. So if you're in the US - investing under LLC would have no effect whatsoever on your taxes, or adverse effect if you chose to treat it as a corporation. In any case, investing in stocks is not a deductible expense, and as such doesn't reduce profits."}
{"_id": "144577", "title": "", "text": "\"The first thing you should visit a store that has a good selection. If there are only one or two choices, how can you possibly know you've bought the right one? If you want to Soccer ball for kids, then you can visit our online store \"\"Best Soccer Balls\"\". We have a wide selection of the best soccer balls. It also helps if the store has knowledgeable salespeople, so it might be a good idea to ask around.\""}
{"_id": "144580", "title": "", "text": "I'm pretty sure it's merchant-dependent.  If a credit card transaction doesn't go through, PayPal will automatically charge your bank account.  Some merchants may want that extra insurance."}
{"_id": "144628", "title": "", "text": "Why do all this work yourself? Pay a modest price to have a professional do this for you. Look at the tickers PUTX, PUTW."}
{"_id": "144629", "title": "", "text": "That is kinda my point. I can also secure my machine 100%, but it makes me unhappy to do so. But in fact the human component is still a large weak spot, for any network. So no matter how secure you make it, as long as you have humans interacting, you have vulnerabilities. And making your employees unhappy seems like a poor way to deal with that."}
{"_id": "144634", "title": "", "text": "The US spends more on its military than the next 8 countries combined. This level of expenditure is insane and completely unnecessary. Mostly as a result of the relevant businesses buying off politicians.   Europe will never spend such amounts because it's just stupid to do so"}
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{"_id": "144685", "title": "", "text": "One other issue you may face is when the company announces poor financial results and begins to tank, you will not be able to sell until the US market open and could incur a lot of pain."}
{"_id": "144698", "title": "", "text": "A USD bank draft from any of the major Canadian banks is a good solution. They clear quickly in the U.S. I use them frequently and have never had a problem depositing them in a U.S. bank account.  If you carry more than $10k across the border, even as a cheque, be sure to declare it."}
{"_id": "144720", "title": "", "text": "Sure:  http://abcnews.go.com/WNT/YourMoney/story?id=129651 https://www.ncbi.nlm.nih.gov/books/NBK50972/ cbo.gov and a dozen other sources are just one short google search away.  That's true. Then I guess we should start charging fees for their use instead of taxes for police and courts. Fine by me.  Mandatory public healthcare can't be financed without introducing excessively progressive tax rates for a more wealthy minority. We agree on the subsidies though."}
{"_id": "144731", "title": "", "text": "\"I will expand on Bacon's comment. When you are married, and you acquire any kind of property, you automatically get a legal agreement.  In most states that property is owned jointly and while there are exceptions that is the case most of the time.   When you are unmarried, there is no such assumption of joint acquisition.  While words might be said differently between the two parties, if there is nothing written down and signed then courts will almost always assume that only one party owns the property.  Now unmarried people go into business all the time, but they do so by creating legally binding agreements that cover contingencies.  If you two do proceed with this plan, it is necessary to create those documents with the help of a lawyer.  Although expensive paying for this protection is a small price in relation to what will probably be one of the largest purchases in your lives. However, I do not recommend this.  If Clayton can and wants to buy a home he should.  Emma can rent from Clayton.  That rent could any amount the two agree on, including zero.  If the two do get married, well then Emma will end up owning any equity after that date.  If they stay together until death, it is likely that she (or her heirs) will own half of it anyway.  Also if this house is sold, the equity pass into larger house they buy after marriage, then that will be owned jointly. If they do break up, the break up is clean and neat.  Presumably she would have paid rent anyway, so nothing is lost.  Many people run into trouble having to sell at a bad time in a relationship that coincides with a weak housing market.  In that case, both parties lose.   So much like Bacon's advice I would not buy jointly.  There is no upside, and you avoid a lot of downside. Don't play \"\"house\"\" by buying a home jointly when you are unmarried.\""}
{"_id": "144738", "title": "", "text": "I have shoes in 10, 10.5, and 11 in my closet right now.   I think sizing between the same _types_ of shoes tends to be reasonably consistent (ex trainers from Nike and Adidas, though I did have an issue with that recently)- but you'll be different comparing say, boots to dress shoes to those trainers.   FWIW I generally tend to size down 0.5-1 for boots depending on their last, actual size for dress shoes, and up half a size for athletics."}
{"_id": "144739", "title": "", "text": "\"Increase in A/R in balance sheet includes the A/R of acquired businesses. Change in A/R in cash flow statement might say \"\"excluding effects of business acquisitions\"\".\""}
{"_id": "144746", "title": "", "text": "No. There is no good option. They can't release the whales cause they will die and the can't do the shows because people will be upset. Now I guess the whales get to sit in a tank until they die with little to no interaction from people."}
{"_id": "144748", "title": "", "text": "&gt;Cost him? The juicing was what earned him the money in the first place.  *citation needed*  The only evidence of juicing to come out after years and years of tests showing up clean was Armstrong getting tired of arguing with critics and constantly having to defend himself. **This** is the only evidence of juicing on his part."}
{"_id": "144751", "title": "", "text": "\"There's currently not much reason to keep around a long-term non-deductible Traditional IRA in my opinion -- a Roth IRA is almost strictly better. Think about it: a non-deductible Traditional IRA vs. a Roth IRA of the same amount. In both cases, contributions are after-tax (so no tax deduction). But when you withdraw, for the Roth IRA you don't have to pay tax, and for the non-deductible Traditional IRA, you have to pay tax on the \"\"earnings\"\". A Roth IRA can be contributed to at pretty much any income level, thanks to the backdoor Roth IRA process (which uses a temporary non-deductible Traditional IRA in the process). So there is not much reason for a long-term non-deductible Traditional IRA. As for your question, a non-deductible Traditional IRA vs. a taxable account. Well, a non-deductible Traditional IRA is contributed to with after-tax money, and taxed on the earnings only on withdrawal. So the taxation is almost identical to things like stocks and homes, where the gain is not realized until the thing is sold. However, compared to things like savings accounts and bonds, where you get taxed on the interest yearly, it is much better. Every time you get taxed on gains like this, it is taxing gains earned from after-tax money, so if you think of an amount of money as being equivalent to the amount of money it grows to over time (time value of money), then it is taxing money that is (or grown from money that is) already taxed. So it is better to have this only happen at the end at withdrawal than every year.\""}
{"_id": "144760", "title": "", "text": "(Sourced from my rectum.)  A good salesman doesn't just sell software, they sell themselves, more specifically, they sell themselves to the company.  They will sell the company they are with that they are worth it, and that they should be compensated appropriately.  If the programmers had the same savvy in the same nature, odds are they wouldn't be making the program, but, the company would likely note their ability to sell themselves, and prefer them on the sales team.  Sure, without the programmers, they wouldn't have as much to sell, but, the right salesman would be able to pull in more profit for the company than having the right product would."}
{"_id": "144773", "title": "", "text": "That actually sheds some useful light on the whole matter. As long as $client gets the paperwork in order, all will likely be well.   Had a discussion with $client today about their recurring practices, just to establish a baseline for their understanding of the same. Not because I know there is or is not a concern, but because their business is risk management and that is a risk worth managing. Or at least worth understanding the scope of the risk and potential exposure."}
{"_id": "144775", "title": "", "text": "Dividends yield and yield history are often neglected, but are very important factors that you should consider when looking at a stock for long-term investment. The more conservative portion of my portfolio is loaded up with dividend paying stocks/MLPs like that are yielding 6-11% income. In an environment when deposit and bond yields are so poor, they are a great way to earn reasonably safe income."}
{"_id": "144783", "title": "", "text": "What a coincidence! This was an exam question for my business law class.  The main reason why individuals are not allowed to deduct expenses is because income tax revenue would be zero.  The reason being, if an individual is allowed to deduct expenses he/she would spend 100% of their income and deduct it all on their tax returns, which would mean he/she would pay virtually no income tax. This is bad for the gov't and the economy.  It's bad for the gov't because they loose tax revenue, and it's bad for the economy because people would not have any savings for tough times, which can send the economy into a negative spiral."}
{"_id": "144792", "title": "", "text": "In the world of searching a proper taxi service around Australia, Limo Rental and Limousine Hire is a unique posture to have sustain an identity and enjoy the proper ride. A certain web portal is available to sort people's problems and provide them high classified Rental."}
{"_id": "144811", "title": "", "text": "I like Trader Joe's, but I first noticed these aspects of the business model in about 1984. Some of what they sell is good, some is bad, and all of it is put in the most romantically humble packaging. Service is excellent.  If only Saab understood the affluent pseudo-hippie market as well as TJ's does.  Boy, some of the prepared meals they sell really suck. Those burritos: gack! And the produce has the power to turn you off food entirely, if you catch them on a bad streak - for a while, the nuts were virtually inedible.Still, the cheddar popcorn is more addictive than heroin."}
{"_id": "144814", "title": "", "text": "So what? Everybody knows that labor statistics go well beyond a single metric (funny how the article ends up focusing only on one). The US Bureau of Labor statistics already provides different measurements of unemployment.  The 23.3% figure comes from shadowstats, which is well know to be entirely bullshit."}
{"_id": "144824", "title": "", "text": "There are not as many options here as you fear. If you have no other investments outside this 401K it is even easier. Outside accounts include IRA, Roth IRA, taxable investments (mutual funds, ETF, individual stocks), Employee stock purchase plans. Amount: make sure you put enough in to get all the company match. I assume that in your case the 9% will do so, but check your documents. The company match will be with pre-tax funds.  Roth vs Regular 401K? Most people in their lifetime will need a mix of Roth and Regular retirement accounts. You need to determine if it is better for you to pay the tax on your contributions now or later. Which accounts? If you are going to invest in a target date fund, you can ignore the rest of the options. The target date fund is a mixture of investments that will change over the decades. Calculate which one fits your expected retirement date and go with it. If you want to be able to control the mix, then you will need to pick several funds. The selection depends on what non-401K investments you have. Now here is what I considered the best advice.  Decide Roth or regular, and just put the money into the most appropriate target date fund with the Roth/regular split you want. Then after the money starts flowing into your account, research the funds involved, the fees for those funds, and how you want to invest. Then move the money into the funds you want. Don't waste another day deciding how to invest. Just get started. The best part of a 401K, besides the match, is that you can move money between funds without worrying about taxes. If you realize that you want to put extra emphasis on the foreign stocks, or Mid-cap; just move the funds and redirect future contributions."}
{"_id": "144844", "title": "", "text": "This page and this page on the ATO website provide some information on tax rates. They're rather lengthy and there's a few exceptions, but essentially, your entire foreign income, even if held overseas, is taxable. Australians are taxed worldwide."}
{"_id": "144852", "title": "", "text": "&gt;  I think it's a caste thing.   That sounds like upward mobility... and market clearing (people finding their true worth in the marketplace)... the opposite of a caste thing, surely? Or maybe I as a European just don't understand the caste system."}
{"_id": "144853", "title": "", "text": "\"So, um... **what's the big fucking deal?**  He works for the Port Authority, so any of you getting your panties in a bunch because you think \"\"OUR TAX DOLLARZ\"\" are going to pay his salary are just wrong.  He works 80 hours a week, so he's basically got two $110k jobs.  And he works in New York City, where $100k a year doesn't really even go that far unless you live in the ghetto and commute in every day.  Really not sure what there is to be outraged about in this report.  Clearly a lot of people here are just broke and jealous.\""}
{"_id": "144857", "title": "", "text": "this is exactly why we need to enact legislation that counters that mentality.   if McDonald's had to pay that $15/hr for each employee fired for automation into a fund for works who are unemployed due to automation i think they might reconsider."}
{"_id": "144873", "title": "", "text": "\"You are not wrong: in 6 years on reddit, this is the biggest circlejerk I've witnessed, other than Sagan.  It's really sad that you're getting downvoted, because it would be nice to see a back-and-forth discussion of the future of the company.  I happen to think that Tesla is doing something admirable, but, yes, they're doing it with substantial subsidies, and they're simply not providing an affordable product. They're doing the right thing, but they're not working miracles: they're producing a low-volume niche product that will help how people think of cars.  This reminds me of a discussion of Leica lenses, in which somebody smarter than I am simply wrote: \"\"Any number of lens manufactures can produce a superlative 50mm f/2 lens for $1500.\"\"  Come on, folks. Elon Musk is not working miracles. He's just doing the right thing. Tesla is not some genius-ubermensch-paradigm-exploding supercompany.\""}
{"_id": "144875", "title": "", "text": "Um, where did I say the ends justifies the means?  What I am saying, for the tenth time now, is that these animals are born, raised and killed to be our food.  Period.  Thats it.  What does it matter if he is mean to a turkey, that is going to be eaten in a few weeks?  Its that simple.  Its our food.    What, am I not supposed to be rough with my carrots as I pull them out of the ground?  They are living, they are food, they are under the same circumstances as the turkey is.    Again, how you can eat turkey, then complain how the turkey is raised, is amazing to me.  More over, spend the energy worrying about how our food is raised on something that effects everyone, such as education or health care, both of which deserve more of our attention than a turkey, raised to be slaughtered.  Again, you are putting words into my mouth and changing the situation to meet your argument.  We are not talking about dogs in Korea, or Gorilla poaching, or gall-bladder draining.  We are talking about a turkey, that is raised to be killed.  No where did I mention ends justifying the means or anything along those lines."}
{"_id": "144879", "title": "", "text": "First, you can never trust what USPS says about the status of your package. I have had tracking numbers that said they were pending receipt of the package up to and including the day I received the package myself. It's a nice feature, but nothing to rely on.  Second, she cancelled the order after not receiving it in 6 days?? I've shipped things New York to California (or vice versa) that took 10 business days to arrive before. A few times because of bad weather in between, and several times because they attempted delivery and I was not available, or because the shipper wasn't able to get it to the post office 3 or 4 days later than they said they would when they filled out the label. Cancelling your order after 6 days is jumping the gun a bit.  I don't blame the company for initially saying they couldn't refund her purchase since their records showed it was fulfilled. I WANT to jump on the bandwagon disliking the company for their response, but let's be honest here - ars technica did not reproduce her communications to the company verbatim like they did the company's messages to her. She could have written much more crazy that would make the company's response seem tame and level headed in comparison.  Trying to collect the $250 is ridiculous, you're allowed to have an opinion about a company and espouse that to others. But let's not grab our pitchforks over how horrible this company was to treat this lady this way for not getting her iPhone case to her in 6 days."}
{"_id": "144886", "title": "", "text": "The economic effect of a CFD from your point of view is very close to the effect of owning the stock. If the stock goes up, you make money. If it goes down you lose money. If it pays a dividend, you get that dividend. You'll typically pay commission for buying and selling the CFDs in a similar way to the commission on stock purchases, though one of the advertised advantages of CFDs is that the commission will be lower. They also often have tax advantages, for example in the UK you don't have to pay stamp duty on CFDs. In theory you are exposed to credit risk on the CFD issuer, which you aren't with the real stocks: if the issuer goes bankrupt, you may lose any money you have invested regardless of how well the stock has performed. It's certainly similar to a bet, but not much more so than investing directly in the stock. In practice the issuer of the CFDs is likely to hedge its own exposure by actually buying the underlying stocks directly, but they can aggregate across lots of contracts and they would tolerate some unhedged exposure to the stock, so they can cut down on the transaction fees. You also won't get the same voting rights as the underlying stock would grant you."}
{"_id": "144894", "title": "", "text": "If you would like to use linux I suggest you to use KMyMoney http://kmymoney2.sourceforge.net/ It is based on gnucash but it is easier to use IMO"}
{"_id": "144895", "title": "", "text": "The simple answer should be easy to find: Call your local place, inquire about the price, and then divide that cost by the cost of shaving supplies per year (don't forget to account for your time!) to get the number of years it would have to last to reach the break-even point. Some have indicated that laser hair removal does not last forever; if it does not last at least as long as the break-even point, then it is not more economical. If it does, then it is.  This is only one data point in the decision, but it should be fairly straightforward to calculate. Like all grooming services, I expect there is a range of prices, so you may want to call more than one location."}
{"_id": "144899", "title": "", "text": "You write loaded statements. Force is probably gunna be the only way. Current banking structure is complete fuckery. Too big to fall, consequence free institutions and you speak of them as if they will treat, you or anyone fairly."}
{"_id": "144915", "title": "", "text": "The Truths about BlueHost Reviews in addition to Discounts When analyzing BlueHost reviews as well as price cuts, one can discover value-for-money hosting services. For those that have services and desire complete functionality with a reasonable expense, BlueHost is the complete. It supplies limitless disk storage area, drag as well as decrease site professional, worldwide domain support, cPanel control, FTP accessibility and also a whole lot a lot more."}
{"_id": "144920", "title": "", "text": "How can I maximize profits? How much money do I need to invest in tax liens? The fact that you are asking this questions means you are not ready for such investments. These are very risk and time consuming investments. Investopedia has a good article on this."}
{"_id": "144922", "title": "", "text": "You are talking to the wrong people.  Debt collectors are not intimidated by anything you say. Call and tell them that, before you pay the debt, they need to get the paperwork from the company to verify that you actually owe them the money and the amount.  You need copies of the original paperwork. This alone may resolve the issue.  If not, then call the client company and explain that THEIR debt collection agency is talking to the wrong person.  Explain why you are not that person. It may be necessary to tell them that your lawyer advised you that they will be personally held responsible for any damages that you may incur from this debt collector's actions.  The client is the one who needs to be intimidated."}
{"_id": "144927", "title": "", "text": "\"You can accept almost anything mutually agreeable to you and the other party as payment. That's the definition of \"\"barter\"\". If you agree to trade manufactured goods for livestock, as long as both parties agree on the terms, I'm not aware of any law that would prohibit it. I hedged with \"\"almost\"\" because of course you can't accept something that is explicitly illegal. Like you can't say you'll accept cocaine as payment. Less obviously, there are laws regulating the sale of guns, nuclear fuel, agricultural products, etc. You'd still have to pay taxes, and it can get complicated to determine the taxable value of the transaction. Sorry, but you can't avoid taxes by getting your income in something other than cash.\""}
{"_id": "144948", "title": "", "text": "\"Awesome news! Securing one for this last year will really help your case.  That way you can put the extracurricular stuff you've outlined above as well as the two internships.  Network like crazy. The sad reality is with such limited work opps, it's really more of a \"\"who do you know\"\", so I highly suggest connecting with alumni from your school and get feed back on what else you can do to start off on the right food in your career track. LinkedIn is a huge amazing tool and I recommend shelling out some $ for the premium (think you get pretty good discount as a student).  When I was looking for jobs recently, I'd literally send InMails to alumni that worked in the companies/fields I want to go into, and the responses were very positive.  Shamelessly ask for referrals when it comes time to apply, or at least ask questions about culture so you can ace that part of the interview.               We didn't mean to knock those down, it's just that the job market these days really wants to see legit experience and preferably for a steady amount of time (so 1 year carries more weight than 1 summer)\""}
{"_id": "144965", "title": "", "text": "\"You are opening up a large can of worms with how you are doing this.  In very positive years, you'll have taxes based on your income, potential Alternative Minimum Tax (AMT), etc. Each of the family members may be in a lower bracket, perhaps even needing to pay zero on capital gains.  Even if you are 100% honest, if you are subject to a lawsuit, these funds are all in your name, and you'd be in a tough situation explaining to a court that these assets aren't \"\"really\"\" yours, but belong to family.  And last, the movement of large chunks of money needs to be accounted for, and can easily run afoul of gifting rules.  As mhoran stated, a Power of Attorney (POA) avoids this. When my father-in-law passed, I took over my mother-in-law's finances, via POA. I sign in to my brokerage account, and her accounts are there. I can trade, deal with her Individual Retirement Account (IRA) Required Minimum Distributions (RMDs) each year, and issue checks to her long term care facility. It's all under her social security number - our money isn't intermingled.\""}
{"_id": "144979", "title": "", "text": "\"&gt;The right answer is probably a mixture of two.  Agreed 100%. We need a smart approch to spending and cutting spending on deadweight projects that don't help the economy. Many Congressmen from both parties have been spending on crap to get reelected for many years and clearly aren't getting much done with it. My dad is an administrator in state government and gets so fed up with the useless \"\"pork\"\" spending that we at the state and national level. Fuck these guys looking good to their constiuents and get some real bang for the buck. That is the only way we will get through this.\""}
{"_id": "144987", "title": "", "text": "\"to answer the question in the title of your post...  + convince your fellow Euro nations to accept austerity,  + convince them to elect responsible governments,  + demand transparency from your leaders, and...  + make sure this never ever happens again.   Alternatively, build a time machine and go back in time to either...  + immigrate to another part of the world,  + sabotage the corruption of the PIGS nations,  + prevent the formation of a shared currency, or finally,  + do something to ensure Germany didn't lose WWII, as letting them be in charge of everybody's money would appear to be a sound financial decision.   That is how you negate the impact of the Euro collapsing.  Now, on to the details of your question...  I believe your initial assessment is correct. If one accountable nation were responsible for the solvency of its currency, it could be trusted indefinitely. As is the case with the Euro, as no one country is directly responsible for it, the less responsible governments are in a race to exploit it as much as possible.  Remember, \"\"Spain no es Zimbabwe!\"\"  I think Euro zone nations will be lucky if all that comes of this is the fall of the Euro. Wars between nations have been fought over less significant developments than what Greece, Italy and Spain have done to the financial stability of their Euro zone counterparts.  Foreign gold trusts, possession of physical precious metals and precious metal ETFs (GLD is one stock ticker of such a fund, although I would look to a similar fund issued by a company with better physical gold audits) can hedge your currency risk. Check with local laws regarding physical possession of gold. In the USA when we left the gold standard for our currency, the government confiscated all privately owned precious metals and raided customer bank security boxes. Assess your own risk of that sort of thing happening.\""}
{"_id": "144991", "title": "", "text": "\"I am very skeptical of the claims that self-driving vehicles will change behaviors. I am on-board with them replacing drivers in taxi/Uber, buses and freight. I don't see them changing the convenience or \"\"pride of ownership\"\" for individuals at all. Especially in mid-sized and small cities and rural areas.  We can already see this with things like city bikes. They haven't reduced the rate of ownership for bicycles at all. People want their own stuff. That won't change just because a car can drive itself.\""}
{"_id": "145014", "title": "", "text": "I would like to open a bra shop, since where I live we have Victoria's Secret and nothing else.  I have a name and logo thought out, and always keep an eye out for reasonable locations.  I've talked myself out of moving forward with it, because it seems any time there's talk of a store fancier than a Walmart/Dollar store coming to town, everyone gets on about it being a working class/blue collar town, and how no one can afford x/y/z.  Good bras aren't cheap.  I'd also need to hire staff, because I'm not keen on being that close to people.  I've daydreamed about bars and restaurants, with questionable, kitschy themes."}
{"_id": "145016", "title": "", "text": "These 'issues' don't exclusively relate to the 'sharing economy', the challenge of uncertainty would exist for any small business / independent contractor. It's not as if people didn't work as independent contractors in these industries before, it's just now the industries are being enhanced and overhead lowered, from technology.  For example:  Uber driver vs Medallion [Leasing] Taxi Driver  AirBNB landlord vs Apartment landlord, vacation rental landlord, or traditional bed &amp; breakfast owner.  PostMates messenger vs traditional bike messenger"}
{"_id": "145043", "title": "", "text": "Workers have the ability to do this anytime they wish - by pooling their capital and buying or creating a company.  Wall St. is not the only way to do this, though it's usually the most efficient way.  What this really is is a thinly veiled defense of Syndecalism (a fav of that chimp Chomsky's)  which, in turn, is a variant of Marxism.  What's important about these degenerate worldviews is that they want the workers to own the means of production *without* having to pony up their own capital.  It's all very sophisticated, you see and it worked out really well in China, the USSR, Cuba, Mongolia, and host of other socialist workers' paradises ..."}
{"_id": "145046", "title": "", "text": "Until there is a significant price pressure, it\u2019s always going to be cost prohibitive to build high in earthquake prone zones.  Those mitigation measures don\u2019t come cheap at all.  As for the skyline, eh, that\u2019s subjective. If the local culture values a \u201csmall town\u201d or even bucolic feel, keeping buildings below tree lines isn\u2019t regressive at all."}
{"_id": "145082", "title": "", "text": "\"Firstly, \"\"the government\"\" is the people. So should the Government be involved in Fire and Police departments, military services, roads/highways, water/sewer, the electrical grid, air transportation, trains, the National Parks, schools, libraries, state colleges, zoning and municipal bylaws? The government exists to serve the people's interests and not those of profiteering business lobbyists.\""}
{"_id": "145096", "title": "", "text": "From the hover text of the said screen; Latest dividend/dividend yield Latest dividend is dividend per share paid to shareholders in the most   recent quarter. Dividend yield is the value of the latest dividend,   multiplied by the number of times dividends are typically paid per   year, divided by the stock price. So for Ambev looks like the dividend is inconsistantly paid and not paid every quarter."}
{"_id": "145107", "title": "", "text": "If you are looking for quality work on your basement or crawl space and you live in the Chicago Land area then you need to check out Concrete Crawlspaces Corp.  These guys are leading the way in their industry and they do great work."}
{"_id": "145108", "title": "", "text": "The deal is expected to close sometime in Q4. The fluctuation though the day is just noise. The price will reflect a discount to the full takeover value, reflecting the risk of the deal falling through.  Cashless exercise is a good idea if you don't wish to own any QVC shares."}
{"_id": "145114", "title": "", "text": "3:44 PM EDT happens when this comment is 4 hours and 23 minutes old.  You can find the live countdown here: https://countle.com/PIo16101q  ---  I'm a bot, if you want to send feedback, please comment below or send a PM."}
{"_id": "145115", "title": "", "text": "People have to write that program.. and someone has to upkeep the program and make it interact with an os that is changing not to mention people have to actually use the program also there is always better and more complex programs to write i wouldnt be suprised if the jobs lost through software automation are replaced by programmers and technicians"}
{"_id": "145123", "title": "", "text": "great example of levered tracking error is any 2x/3x VIX etf. during periods of high volatility (like last week) you will be able to realize much higher returns on the underlying index as the levered and inverse ETFs are unable to replicate their intended performance using market securities.  it is not uncommon to see the VIX up ~30% with levered ETFs only netting ~10-12% as opposed to the intended 60 or 90%, for example"}
{"_id": "145140", "title": "", "text": "That is absolute rubbish.  Warren Buffet follows simple value and GARP tenants that literally anyone could follow if they had the discipline to do so.  I have never once heard of an investment made by Warren Buffet that wasn't rooted in fundamentals and easy to understand.  The concept is fairly simple as is the math, buying great companies trading at discounts to what they are worth due to market fluctuations, emotionality, or overreactions to key sectors etc.  If I buy ABC corp at $10 knowing it is worth $20, it could go down or trade sideways for FIVE YEARS doing seemingly nothing and then one day catch up with its worth due to any number of factors.  In that case, my 100% return which took five years to actualize accounts for an average 20% return per year.  Also (and this should be obvious), but diversification is a double edged sword.  Every year, hundreds of stocks individually beat the market return.  Owning any one of these stocks as your only holding would mean that YOU beat the market.  As you buy more stocks and diversify your return will get closer and closer to that of an index or mutual fund.  My advice is to stick to fundamentals like value and GARP investing, learn to separate when the market is being silly from when it is responding to a genuine concern, do your own homework and analysis on the stocks you buy, BE PATIENT after buying stock that your analysis gives you confidence in, and don't over diversify.  If you do these things, congrats.  YOU ARE Warren Buffet."}
{"_id": "145143", "title": "", "text": "\"Not sure why CAGR is a problem for both directions. I used to be a physicist, and, when I taught classes in graduate school, students always wanted to use the terms \"\"accelerate\"\" and \"\"decelerate\"\" to describe \"\"speeding up\"\" and \"\"slowing down\"\". But acceleration is just a vector with magnitude and direction. There's nothing special about slowing down that it needs a special name. It's just acceleration in a direction opposite to the direction of motion. I think the same thing applies here. There's nothing special about negative growth rates that they need a special name. Just stick a minus sign in front of the number and you convey the required information.\""}
{"_id": "145148", "title": "", "text": "Between now and October, your $3,000 will earn $30 in your savings account. If you are late on a payment for your 0% loan, your interest rate will skyrocket.  In my opinion, the risk is just not worth the tiny gain you are trying to achieve in the savings account. If it was me, I would pay off the loan today. A few more thoughts: There is a reason that businesses offer 0% consumer loans.  They are designed to trick you into thinking that you are getting a better deal than you are.  Businesses don't lose money on these loans.  The price of the loan is built into the cost of the purchase, whether you are buying expensive furniture, or a car.  Typically with a car, you forfeit a rebate by taking the 0% loan, essentially paying all the interest up-front.  Now that you have the loan, you might be ahead a few dollars by waiting to pay it off, but only because you've already paid the interest.  Don't make the mistake of thinking that you can come out ahead by buying things at 0%.  It's really not free money. In the comments, @JoeTaxpayer mentioned that fear of mistakes can lead to missed rewards.  I understand that; however, these 0% loans are full of small print designed to trip you up.  A single mistake can negate years and years of these small gains.  You don't want to be penny wise and pound foolish."}
{"_id": "145153", "title": "", "text": "What the hell are you talking about?  The job requires some skills and the cost of living is really high in New York.  They should be able to live off of a full time job - plain and simple.  To put things in perspective I made 40k a few years back when I lived in Michigan - when looking at New York to keep my same standard of living I would of had to make 95k+ and would of had to give up my car."}
{"_id": "145156", "title": "", "text": "Gosh, I don't know, maybe emergencies or unforeseen expenses like a car repair or maybe even just discretionary $ where you can buy new eyeglasses/frames or, get the fuck outta here, this is going to blow your mind, be impulsive and get on a plane and book a hotel for  3 or 4 days?  Let me guess, your answer to all that is charge it! And since you don't keep $1k in savings pay the minimum balance.  Also:  * https://meetbeam.com/ * https://www.ally.com/bank/savings-account-rates/ * https://www.synchronybank.com/banking/high-yield-savings/"}
{"_id": "145162", "title": "", "text": "Tbonds are on nobody's books when they are bought back.  Feds or Treasury department credits your account plus any interests when you sell the bonds back to them.  The Tbonds are then destroyed.  The govt is forever solvent when paying Tbonds.  They just click a few buttons and bam!! A check is written to you or your checking account is increased for turning in the matured bonds."}
{"_id": "145186", "title": "", "text": "If you decide you need the extra money, you can always go refinance and get more cash out.  At the end of the day, though, if you pay off your house sooner you can invest more of your income sooner; that's just a matter of discipline."}
{"_id": "145187", "title": "", "text": "The internet lends itself to the formation of tribes. We can all easily surround ourselves in echo chambers of like-minded people. It's incredibly dangerous.   When we had nothing but television, our tribes were much closer to centrist beliefs. No we have fringe movements that really don't know they're fringe because they're all smoking the same ideology.  Take the example of the wingnut  Berkely leftists that shut down Richard Dawkins lecture. (Seriously. Richard Dawkins?) They honestly believe they're correct, and the Internet helps them feel comfortable in that belief no matter how totally insane it is.  This is only going to get worse. More violent. More extreme. And eventually more dangerous and radicalized.  Fake news is really just the very tip of the iceberg. Right here on Reddit are thousands of groups who share utterly fringe ideologies and think they're widely shared."}
{"_id": "145193", "title": "", "text": "This is not about finding IT staff, this is about finding STEM talent (Science, Technology, Engineering and Math).   These are not easy jobs to fill, trying to convince someone with 10+ years experience to move across the country? Not that easy. Even if you can get a college graduate and train him up, in todays workforce he's unlikely to stick around for 10 years and you need to get experienced staff in the meantime from somewhere - foreign workers are the only sensible solution.  The stupid solution is to offer the US citizen with 10 years experience twice what he's worth to get him to move - this won't last long term, tech companies are all competing for the same talent so if salaries go up, all US employees will jump ship for higher salaries, H-1B salaries go up soon after to stay at 'market rates', other areas of the US raise salaries so they don't lose their employees - in the end the problem hasn't gone away and you've just driven inflation up like crazy and increased the inequality between areas of the US."}
{"_id": "145205", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-economy-adp-idUSKBN18S529?il=0) reduced by 70%. (I'm a bot) ***** &gt; Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 185,000 jobs, with estimates ranging from 155,000 to 240,000.  &gt; Zandi said with the U.S. economy growing at about a 2 percent rate, job creation of about 200,000 per month is much greater than labor force growth, which will make the labor market even tighter.  &gt; The ADP figures come ahead of the U.S. Labor Department&amp;#039;s more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6etbzy/us_companies_add_253000_jobs_in_may_way_way_above/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~134658 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **report**^#1 **labor**^#2 **month**^#3 **Employment**^#4 **payroll**^#5\""}
{"_id": "145206", "title": "", "text": "They would be making a huge assumption. Like when they thought people would buy Z71 trucks that weren't four wheel drive. And guess what! They were right.   They're only going to be making cars right now I'd almost guarantee. Maybe some light SUV's and maybe a large SUV but only as an option along with combustion engines continuing. EV's are definitely being aimed at urban commuters and are best used for that purpose right now.   But before long they will be making $$$ selling all that torque to workers/enthusiasts."}
{"_id": "145220", "title": "", "text": "If you've got the money to pay off your credit cards, do it. Today, if possible. There is no need to pay another penny of interest to them.  They may or may not cancel your cards. That is up to them. We can't know what will trigger an individual bank to cancel your card. The answers you got on your other question offer some speculation on why some banks might cancel, but this is not something banks reveal. Anything you do on your own to try to keep the cards open is just a guess, and may or may not succeed.  But ask yourself: why do you want to keep these cards?  Is it for the convenience of the card? I agree that credit cards (paid in full monthly) are convenient, but when they start costing you money, they aren't worth it anymore, in my opinion. Debit cards have most of the same conveniences of credit cards, and are free.  If it is for emergencies, I recommend instead building up an emergency cash fund. That way, if an emergency arises, you won't be forced to borrow money at high credit card interest rates.  If the reason you want to hang on to the credit card is so you can spend more than you have, then you will find yourself in the same situation again. If I were you, I would pay off the cards ASAP. If the banks cancel your cards, just switch to a debit card and be thankful that you are no longer continuously leaking money to the banks."}
{"_id": "145222", "title": "", "text": "That's not really true. Rather the US still has a kind of labor that is none existent in e.g Scandinavia or very small. The jobs of some guy packing your groceries in the store or someone shining your shoes for a dollar, those services do not exist in Sweden."}
{"_id": "145224", "title": "", "text": "\"I think that technology has had a huge impact on the salary aspect of \"\"unpaid weekend work\"\". It's so easy to fire off an e-mail in between links while fucking off on Reddit and watching T.V., that I have no problem \"\"working on the weekend\"\". I haven't heard of many jobs in the U.S. that don't compensate for every hour that you are on premise, however, and that would be a very disturbing trend to see emerging.\""}
{"_id": "145232", "title": "", "text": "For what it's worth, 20 years ago I had a huge box of sheet-feed checks (3 or 4 per sheet) - After the divorce I kept the account, then ran the remaining checks through a Word doc that tidily blacked out the ex's name.  Never had a hitch, glitch, or rejected check."}
{"_id": "145236", "title": "", "text": "\"To be in the WH is not a constitutional right, its a privilege. Certain media platforms act like they are an all knowing press \"\"God\"\", unaware of their falling popularity. Two more red seats were picked up tonight. Going against Trump usually means you will lose. They normalize violence, spread Russian conspiracy theories, and gave Trump a 1% chance of winning election night. They are losers and I look forward to the media revolution.\""}
{"_id": "145238", "title": "", "text": "\"Judging from your comments, you seem to be confused about the way banking works.  Banks can only lend out money that they actually have: whether from deposits or investors or loans taken from other banks/government entities.  The rules on how this works varies from country to country, but the principle is always the same.  There is no magic money. Let's imagine a closed system.  There's only one town, and that town only has one bank.  There are 100 people total in town, and each has $10,000.  Everyone deposits all of their money in the bank. The bank now has $1,000,000 in total deposits.  You take a loan for $100,000 and buy a house.  The bank now has $900,000.  You make your payments of $965 per month: $833 of interest and $132 toward principal.  In this ideal world, the bank has no costs associated with doing business.  After one month, the bank has $1,000,000 in deposits, $900,965 in cash on hand, $99,868 in loans, and $833 in profit (from interest). Now here's the confusing part.  You bought a house from someone.  That person also lives in town.  He takes the $100,000 you gave him and... deposits it in the bank.  The bank now has $1,100,000 in deposits, $1,000,965 in cash, $99,868 in loans, and $833 in profit. Assume 10 more people buy houses at $100,000 each, taking loans for that whole amount (for the same terms you did).  Assume those sellers then deposit the money back in the bank.  The bank now has $2,100,000 in deposits, $1,000,965 in cash, $1,099,868 in loans, and $833 in profit.  The bank is taking in $10,615 per month ($965 x 11) in loan payments, making profit of $9,163 ($833 x 11) per month from interest. This process of loans and deposits and payments can go on forever without any outside influence.  This is the primary way money is created.  It's like printing money without the paper. Of course, we're not in a closed system.  Banks are limited in endlessly creating money, primarily by two things: Reserve Requirements are set by government agencies.  They might say banks can lend until their cash on hand (or liquid equivalent) is, at minimum, 35% of total deposits.  So a bank with $1,000,000 in deposits would have to keep $350,000 in cash at any given time. Capital Requirements work largely the same way.  It's more the bank saying, \"\"What happens if a bunch of people want their deposits back?\"\"  They plan a reasonable amount of cash to have on hand for that scenario.\""}
{"_id": "145247", "title": "", "text": "Precise in-store merchandising is critical to the success of your store or product. Gaps in execution can lead to wasted time, disorganization, a poor customer   experience, and lost sales. FreshSource specializes in the placement and line expansion of retail food products in supermarkets throughout the United States (Safeway,   Savemart, The Nugget, Raleys, etc, etc, etc). We represent Taylor Farms, Foxy, Green Giant and dozens of successful brands. if you need in store merchandising and   retail sales, look no further than FreshSource."}
{"_id": "145260", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www2.gsu.edu/~ecobth/HMW_PuzzlingMultJobHolding_SEJ_2017.pdf) reduced by 99%. (I'm a bot) ***** &gt; Just as the United States displays substantial differences in MJH across states and regions, Zangelidis finds large variation in MJH rates across countries in the EU, ranging from less than 1 to 9%.6 Livanos and Zangelidis document large differences in MJH rates across regions of Greece with rural areas with large primary sectors having the highest rates, likely due to low labor demand and weak primary 6 Zangelidis also finds that mean weekly hours on the second job average 12.9 hours across the continent, with little variation across countries.  &gt; A quick glance at state rates of MJH show Minnesota with among the highest MJH rates, while New York has a relatively low rate MJH rate as compared to other northern states.  &gt; Our approach is to examine the extent to which controlling for a variety of detailed worker, job, and city attributes can account for differences across labor markets in MJH. To describe the magnitude of MSA differences in MJH, we calculate the mean absolute deviation of MJH across our 259 labor markets based on estimates from increasingly dense individual worker OLS MJH equations using the 1995-2014 urban sample.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6l4ana/the_puzzling_pattern_of_multiple_job_holding/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~158577 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **MJH**^#1 **Job**^#2 **rate**^#3 **work**^#4 **Labor**^#5\""}
{"_id": "145267", "title": "", "text": "\"This is hysterical. Trickle down economics once again!  \"\"Hey guys, if we make them not be able to move to new firms in the state, they'll stay forever and we'll make money!!\"\"  More like your educated students will go to school out of state to avoid this, and people will move states altogether for better paying jobs and lifestyle.  It's like Idaho is trying to get their citizens to leave Idaho. It's Idaho. They need to every incentive to keep citizens there.\""}
{"_id": "145270", "title": "", "text": "Yeah, seriously. Cheating your customers has always been part of the core business of the major banks. How would they maintain their high CEO compensation without that extra money? They need to be competitive in executive level compensation to attract the kind of candidates that will keep their bank pulling in the money needed to pay themselves."}
{"_id": "145276", "title": "", "text": "Why would you trade a lower interest rate over a higher one?  I wouldn't use the mortgage to pay off the car.  Also, you should have loan/lease payoff on your auto insurance, which if the car is totaled means your loan would be paid by insurance.  I don't think you'd be able to take advantage of that if your car payments become one with the mortgage.  Finally not all mortgage interest may be deductible. Also, I can't think of any way you'd be able to use the car loan to pay off the mortgage.  You wouldn't be able to borrow more than the car is worth, and for a new car it loses quite a bit of value immediately."}
{"_id": "145299", "title": "", "text": "I was thinking down the road about what may happen as some countries pile on debt and others are more responsible. I've spent a lot of time oversea and talented people in the capital cities are really mobile these days.  Right now there's a small brain drain to the benefit of Switzerland which has some really innovative people moving there. What if a large country like Germany were to do on a larger scale? Educated workforce, innovative and if you overlook a really ugly period, a great history of innovation.   It seems they could bring in a lot of people from Japan and (increasingly) the US as they head slowly toward debt of 200% of GDP. Why would talented people who are highly mobile want to stay in a country where the debt will take 30 years to repay mostly on the back of the talented high earning people?"}
{"_id": "145313", "title": "", "text": "No matter how promising the gold market is, investing in gold bars still has risks. For this reason, before you buy gold bars, make sure you have carefully studied the ins and outs of this investment. Know where, when, why and how to buy gold bar assets. Know the common pitfalls of investing in gold bars and do all that you can to avoid them."}
{"_id": "145322", "title": "", "text": "\"If an offer \"\"is only valid right now\"\" and \"\"if you don't act immediately, it will expire\"\" that is almost always a scam.\""}
{"_id": "145334", "title": "", "text": "littleadv's answer gives a concise summary of the system as it stands now, but much more changed than just the portion of the mandatory contribution that was diverted to the private plan. In broad terms, the balances of your accounts and your future benefit won't change. It's only the source of these benefits that's changing. The Bloomberg article describes the changes this way: The state will take over the amount of bonds that pension funds held as of end of Sept. 3 and turn them into pension liabilities in the state-run social security system... The state will assume control of 51.5 percent of pension-fund assets, including bonds guaranteed by the government and \u201cother non-stock assets\u201d After the change, Polish workers that held bonds in the private portion of their retirement portfolios will instead have more payments from the state-run pension system. The balances of your retirement portfolio and your future benefits shouldn't change, but the reality may depend on how the state pension system is managed and any future changes the government implements. The effect this change will have on future benefits isn't clear, because the change may simply delay the problem of high levels of outstanding sovereign debt, not solve it. The government stated that because increasing numbers of workers invested their money in private pension funds, less money went into the government's fund, which forced them to issue sovereign debt in order to cover the shortfall in their current pension liabilities.  The government's recent cancellation of government bonds in the hands of private pensions will decrease their overall outstanding debt, but in exchange, the government is increasing its future pension liabilities. Years down the road, the government may find that they need to issue more sovereign debt to cover the increased pension liabilities they're taking on today. In other words, they may find themselves back in the same situation years down the road, and it's difficult to predict what changes they might make at that time."}
{"_id": "145351", "title": "", "text": "I thought this paragraph had a very interesting insight:   &gt;How can you avoid a customer revolt? &gt; &gt;First, know the revolt risk factors: If your customers are media- or &gt;tech-savvy, then they can draw attention to your actions and &gt;coordinate plans for revolt. And if your product has close substitutes, &gt;your customers can abandon you at low cost."}
{"_id": "145352", "title": "", "text": "\"Hahaha! I'm in the same boat!  I have been hunting for a well priced WRX wagon for a while now and whenever I call some place asking about them (which has inevitably sold a day or two prior of course), they always respond with \"\"But maybe we can find something here for you!\"\" Of course you can.... if you guys carry a manual AWD Hatchback \"\"performance\"\" car?  It's typically followed by silence.\""}
{"_id": "145353", "title": "", "text": "One of the reasons is also general distrust to the government. Another one is that there exist special interest group which profits from the complicated scheme, keep adding special cases, and has stronger financial situation that the opponents of such complex scheme. People do not trust government, or companies, to act in their best interests. So they (we) waste huge amount of time and/or money to comply with byzantine income laws. In 2004 Democratic presidential primary, presidential candidate Wes Clark (who beyond being 4-star general has also master degree in economics from Oxford, and taught economics in West point) proposed similar scheme: for people with income under 50K, employer would do all the (simple) paperwork, if desired, and get return.  In the noise of the campaign, idea how to simplify taxes for half of the population was lost.  Funny how the only candidate in recent history who was both professor of economics (not MBA, which is about business and profits) and distinguished military hero, could not get any traction in Democratic party."}
{"_id": "145355", "title": "", "text": "I don't know enough about international tax law to dispute what you say, but I would think that if it were illegal we would be seeing more repurcussions for nearly EVERY multinational company using these practices. How can you prove that the licensing deal between bluehat9 llc and bluehat9 lp (cayman) is illegitimate?"}
{"_id": "145383", "title": "", "text": "I recommend fixing the roof. You're going to pay for it eventually, either as an emergency repair or a concession at sale."}
{"_id": "145391", "title": "", "text": "&gt; Because if you are against Trump, you must(!) be for Hillary or the DNC or both.  Nope and I think this attitude is the core problem with American politics.  &gt; Even if it's true, it's what Trump wanted, what he would have done, what he has done, and the GOP did it, for him.  By that logic, **I** killed the TPP because it is what I wanted and would have done but the GOP did it for me.  &gt; Tell me of something that Trump did that you do agree to or do not like.  How about one issue that shows both?  Medicare Part-D was created to help cover the costs of prescription drugs to seniors.  This is the biggest drug market but by law Medicare can not use it's leverage to negotiate better deals for prescription drugs.  This effectively gives pharmaceutical companies a guaranteed customer regardless of price for any drug that has no equivalent competition, which means artificially high drug prices.  During the campaign President Trump said he would battle prescription drug prices and after he was elected.  [He specifically said he wanted Medicare to use its purchasing powers to negotiate drug prices](https://www.bloomberg.com/news/articles/2017-01-11/drug-stocks-plunge-as-trump-threatens-to-force-price-bidding). I was delighted to hear this because, in my opinion, it is low-hanging fruit for someone who wants to use the free market to benefit consumers.  Fast forward to the end of January and President Trump meets with big pharmaceutical company execs to discuss drug prices.  [When he came out of the meeting, not only was he now opposed to using free-market principles in Medicare to save tax-payer money but he promised these companies tax breaks, a gift of even more money](https://www.vox.com/policy-and-politics/2017/1/31/14453740/trump-medicare-prescription-drugs).  I like that President Trump claims to be a champion of the common man but in this case his actions are that of a champion of the rich at the expense of the common man."}
{"_id": "145397", "title": "", "text": "That would make it pretty impossible for teenagers to get first jobs.  Whole swathes of the economy  would have to be shit down as they were no longer viable. Still more would have to drastically automate to remain viable.  Jobs and employment would suffer.   I'm not sure who that would help."}
{"_id": "145402", "title": "", "text": "You sound like a shitty employee who has no idea he's a shitty employee. Unplug the extension cord, and don't let your crew members drive around in a dangerous fucking forklift without their seat belt. No wonder your boss is mental. I can't even imagine all the other stupid shit you do all day that your boss has to remind you not to do, and you just chalk it up to having a dick for a boss."}
{"_id": "145404", "title": "", "text": "\"Someone has to hand out cash to the seller. Even if no physical money changes hands (and I've bought a house; I can tell you a LOT of money changes hands at closing in at least the form of a personal check), and regardless of exactly how the bank accounts for the actual disbursement of the loan, the net result is that the buyer has cash that they give the seller, and are now in debt to the bank for least that amount (but, they now have a house). Now, the bank probably didn't have that money just sitting in its vault. Money sitting in a vault is money that is not making more money for the bank; therefore most banks keep only fractionally more than the percentage of deposit balances that they are required to keep by the Feds. There are also restrictions on what depositors' money can be spent on, and loans are not one of them; the model of taking in money in savings accounts and then loaning it out is what caused the savings and loan collapse in the 80s. So, to get the money, it turns to investors; the bank sells bonds, putting itself in debt to bond holders, then takes that money and loans it out at a higher rate, covering the interest on the bond and making itself a tidy profit for its own shareholders. Banks lose money on defaults in two ways. First, they lose all future interest payments that would have been made on the loan. Technically, this isn't \"\"revenue\"\" until the interest is calculated for each month and \"\"accrues\"\" on the loan; therefore, it doesn't show on the balance sheet one way or the other. However, the holders of those bonds will expect a return, and the banks no longer have the mortgage payment to cover the coupon payments that they themselves have to pay bondholders, creating cash flow problems. The second, and far more real and damaging, way that banks lose money on a foreclosure is the loss of collateral value. A bank virtually never offers an unsecured \"\"signature loan\"\" for a house (certainly not at the advertised 3-4% interest rates). They want something to back up the loan, so if you disappear off the face of the earth they have a clear claim to something that can help them recover their money. Usually, that's the house itself; if you default, they get the house from you and sell it to recover their money. Now, a major cause of foreclosure is economic downturn, like the one we had in 2009 and are still recovering from. When the economy goes in the crapper, a lot of things we generally consider \"\"stores of value\"\" lose that value, because the value of the whatzit (any whatzit, really) is based on what someone else would pay to have it. When fewer people are looking to buy that whatzit, demand drops, bringing prices with it. Homes and real estate are one of the real big-ticket items subject to this loss of value; when the average Joe doesn't know whether he'll have a job tomorrow, he doesn't go house-hunting. This average Joe may even be looking to sell an extra parcel of land or an income property for cash, increasing supply, further decreasing prices. Economic downturn can often increase crime and decrease local government spending on upkeep of public lands (as well as homeowners' upkeep of their own property). By the \"\"broken window\"\" effect, this makes the neighborhood even less desirable in a vicious cycle. What made this current recession a double-whammy for mortgage lenders is that it was caused, in large part, by a housing bubble; cheap money for houses made housing prices balloon rapidly, and then when the money became more expensive (such as in sub-prime ARMs), a lot of those loans, which should never have been signed off on by either side, went belly-up. Between the loss of home value (a lot of which will likely turn out to be permanent; that's the problem with a bubble, things never recover to their peak) and the adjustment of interest rates on mortgages to terms that will actually pay off the loan, many homeowners found themselves so far underwater (and sinking fast) that the best financial move for them was to walk away from the whole thing and try again in seven years. Now the bank's in a quandary. They have this loan they'll never see repaid in cash, and they have this home that's worth maybe 75% of the mortgage's outstanding balance (if they're lucky; some homes in extremely \"\"distressed\"\" areas like Detroit are currently trading for 30-40% of what they sold for just before the bubble burst). Multiply that by, say, 100,000 distressed homes with similar declines in value, and you're talking about tens of billions of dollars in losses. On top of that, the guarantor (basically the bank's insurance company against these types of losses) is now in financial trouble themselves, because they took on so many contracts for debt that turned out to be bad (AIG, Fannie/Freddie); they may very well declare bankruptcy and leave the bank holding the bag. Even if the guarantor remains solvent (as they did thanks to generous taxpayer bailouts), the bank's swap contract with the guarantor usually requires them to sell the house, thus realizing the loss between what they paid and what they finally got back, before the guarantor will pay out. But nobody's buying houses anymore, because prices are on their way down; the only people who'd buy a house now versus a year from now (or two or three years) are the people who have no choice, and if you have no choice you're probably in a financial situation that would mean you'd never be approved for the loan anyway. In order to get rid of them, the bank has to sell them at auction for pennies on the dollar. That further increases the supply of cheap homes and further drives down prices, making even the nicer homes the bank's willing to keep on the books worth less (there's a reason these distresed homes were called \"\"toxic assets\"\"; they're poisonous to the banks whether they keep or sell them). Meanwhile, all this price depression is now affecting the people who did everything right; even people who bought their homes years before the bubble even formed are watching years of equity-building go down the crapper. That's to say nothing of the people with prime credit who bought at just the wrong time, when the bubble was at its peak. Even without an adjusting ARM to contend with, these guys are still facing the fact that they paid top dollar for a house that likely will not be worth its purchase price again in their lifetime. Even with a fixed mortgage rate, they'll be underwater, effectively losing their entire payment to the bank as if it were rent, for much longer than it would take to have this entire mess completely behind them if they just walked away from the whole thing, moved back into an apartment and waited it out. So, these guys decide on a \"\"strategic default\"\"; give the bank the house (which doesn't cover the outstanding balance of course) and if they sue, file bankruptcy. That really makes the banks nervous; if people who did everything right are considering the hell of foreclosure and bankruptcy to be preferable to their current state of affairs, the bank's main threat keeping people in their homes is hollow. That makes them very reluctant to sign new mortgages, because the risk of default is now much less certain. Now people who do want houses in this market can't buy them, further reducing demand, further decreasing prices... You get the idea. That's the housing collapse in a nutshell, and what banks and our free market have been working through for the past five years, with only the glimmer of a turnaround picking up home sales.\""}
{"_id": "145410", "title": "", "text": "considering people like him just wrecked the economy pulling bullshit tactics like this and got bailed out with taxpayer money all over the world, yes he did get it from my grandmother.  besides if it doesn't affect you, does it make it right?  where will the line get drawn?"}
{"_id": "145412", "title": "", "text": "\"I don't know personally, but a few minutes spent on Google seem to indicate that such transactions are considered cash advances. I found a thread at fatwallet which states that buying chips on a credit card is considered a cash advance. If you want to research it yourself, I used the following search terms: casino chips credit card cash advance.  You could probably narrow down the search results by using casino chips \"\"credit card\"\" \"\"cash advance\"\" as the query.\""}
{"_id": "145434", "title": "", "text": "An understanding of the risks involved in coronary heart disease, and the adopting of appropriate safety actions may reduce the probability of a heart attack stroke. If the pain of cardiac arrest does attack, immediate treatment greatly enhances the probabilities of success. Modern treatments enable most cardiac arrest sufferers to continue a complete, effective lifestyle, although some changes in daily lifestyle style probably will be required."}
{"_id": "145442", "title": "", "text": "[Po\u00adli\u00adzei\u00adli\u00adche Kri\u00admi\u00adnal\u00adsta\u00adtis\u00adtik und Fall\u00adzah\u00adlen Po\u00adli\u00adtisch Mo\u00adti\u00advier\u00adte Kri\u00admi\u00adna\u00adli\u00adt\u00e4t 2015 vor\u00adge\u00adstellt](http://www.bmi.bund.de/SharedDocs/Pressemitteilungen/DE/2016/05/pks-und-pmk-2015.html)  Bottom line: without migrants considered, crime rates in Germany would have remained roughly static since 2014. But, in fact, the country recorded an extra 402,741 crimes committed by migrants."}
{"_id": "145453", "title": "", "text": "The difference is you were left with a better future than the previous generation. This isn't true for millennials. We never had a chance to stop massive deficit spending, growing entitlements like medicare and social security than we will bear the burden of, and insane tuition increases that leave us in massive debt the day we graduate. Boomers reached into the future to get theirs and it looks like we will be the ones to suffer for it. Until there is a change in age demographics we will keep getting screwed."}
{"_id": "145458", "title": "", "text": "If you are investing for 10 years, then you just keep buying at whatever price the fund is at. This is called dollar-cost averaging. If the fund is declining in value from when you first bought it, then when you buy more, the AVERAGE price you bought in at is now lower. So therefore your losses are lower AND when it goes back up you will make more. Even if it continues to decline in value then you keep adding more money in periodically, eventually your position will be so large that on the first uptick you will have a huge percent gain. Anyway this is only suggested because you are in it for 10 years. Other people's investment goals vary."}
{"_id": "145464", "title": "", "text": "Obama sold health insurance reform since before he was president. He made enormous effort on its behalf to see it actually pass. His popularity is a huge reason why it passed at all.   Of course it was votes in Congress that mattered, but your statement just doesn't hold water."}
{"_id": "145470", "title": "", "text": "\"Yes...yes you fucking are. \"\"I want you do do something for me so I can earn a living. But I in no way am willing to help you afford even a basic living. Infact, I only want to take on people who are currently accruing massive amounts of student debt. You know, as a supplement to their other non-existent income.\"\" You realize how fucked up that is right?  I, coming from a privileged upbringing, had no trouble affording university. As a result I was able to focus solely on my studies when necessary. But, I am not the norm. I had plenty of classmates who were frequently cutting out study and sleep to work part time jobs for shithead employers who couldn't give a damn about their living conditions. As a result, they are the ones who's grades suffered. They are the ones who lost sleep. They are the ones who when they graduate at the bottom of the class and can't get a job are told by the shithead employers \"\"hey, maybe you should've worked harder in school\"\" and are then stuck in the same shit a cycle they were faced with before they started university. Only this time they are carrying some really unforgiving debt while consistently and constantly being told to pick themselves up by the boot straps and \"\"just earn more money!\"\"\""}
{"_id": "145485", "title": "", "text": "You had excellent point how **costs of production** can affect price. Final_J explained already how value differs from this. It's good to remember that cost, price and value are separate things. Usually cost &lt; price &lt; value for trade to happen. Money is the best metrics we have, but it doesn't give really good picture of neither, costs or value.  I really kept myself as a smart dude about a year ago, for understanding what you just told us here. I like the way you think."}
{"_id": "145489", "title": "", "text": "\"If they have been seeing declining customer traffic, they can't get the revenue to pay things like payroll, utilities, taxes, etc.   So they might only be open those hours because anything longer they can't afford to.  You need like a community marketing blast to reach people like yourself that want to \"\"save\"\" it by going there and being paying customers.   It wont matter who runs it if no one shows up.\""}
{"_id": "145516", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKCN1AY25X) reduced by 86%. (I'm a bot) ***** &gt; Such a decline may be good news for investors worried that stock prices have risen too far.  &gt; The expected earnings in that valuation are adjusted, not GAAP. To the extent that companies use non-GAAP accounting less this year than in recent years, investors may feel more comfortable paying higher valuations for their stocks.  &gt; Still, that 10-percent difference between GAAP net income and the net income companies and many investors focus on is much smaller than in 2015, when the difference was 33 percent, the largest gap since at least 2009.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6up3p2/shift_from_nongaap_bottom_lines_could_be_good_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194462 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **Investors**^#2 **GAAP**^#3 **more**^#4 **income**^#5\""}
{"_id": "145530", "title": "", "text": "This has nothing to due with class warfare and you'd have to be a complete fucking moron to infer that what works for a family has any correlation as to how a country can operate financially.  It's about making long-term financial decisions to try and increase your quality of life.  If you take your blinders off, you'll realize that multi-generational households are a common phenomenon worldwide.  It has gone through waves of popularity throughout U.S. history as well, usually with immigrants.  The Italian side of my family did it back when they immigrated and it's becoming a trend yet again.  **Families that are experienced with poverty know it's the best way to survive - that's the only statement I made.**   I stayed with my parents until this year (age 28) and left against their advice.  They wanted me to stay longer and save as much as I could before leaving, but I felt it was time to leave. I have a stable job (self-employed), I downsized my car for financial purposes, and have paid off all of my debt before purchasing my apartment.  It would have taken me much longer to save enough money to be a homeowner if I didn't depend on my family.  I'm glad you hate people for making smart financial decisions.  It really shows the type of person you are."}
{"_id": "145537", "title": "", "text": "Labor union membership has been falling dramaticaly since 2008 in Germany.  Largely because the unions have continuously negotiated for job security at the expense of wage increases. Now workers are telling the unions to shove it and getting higher wages."}
{"_id": "145539", "title": "", "text": "I've got an idea on this.  I could be totally off base, but it's worth mentioning.    When the economy collapsed a few years ago and people lost their savings, retirement, etc... that was the best time to buy.  Doesn't it make sense that the people who had the money to invest then would be reaping the greatest increases now when the market's back up?"}
{"_id": "145548", "title": "", "text": "I don't have a business relationship with Hire.Bid, I just use it to get extra money whenever I am free, so I thought I could share it in the case someone else is interested. If you know any other app like this, feel free to share it, maybe I can use it too.  For GiftBac, I wanted to find out if anyone used it before and let me know if it is trustable. About PinkApp, I wanted to know people's thoughts about it to see if it was worth investing in. For now, I am looking for more ways to make money."}
{"_id": "145555", "title": "", "text": "Rules appear to be changing (21NOV2014) Aviva Plc. AV on NYSE pass thru fee is 0.02 cents per ADR but that equals 11% deduction from ADR dividend. For utility or insurance stock that is significant ongoing fee. Registrar in US is Citibank, could be specific to them. This is the first for me except some modest fees on indonesian ADR. Information very difficult to find. Buy and hold OZ investor."}
{"_id": "145562", "title": "", "text": "The easiest one to explain is swapping a variable interest rate with a fixed interest rate.  Now like your 5.  You are a being bullied on a playground, and the most important thing for you is to buy lunch!  You have a bully on the playground who asks for money randomly, he's variable.  It depends on how much sleep he got last night, and what he ate for breakfast, but by dealing with him he has a large amount of 'market risk'.    You always try to bring enough money so you can pay the bully and still eat lunch.  But this isn't an ideal situation...it's too sporadic.  Instead you have an agreement with a 'mafia' like bully.  He agrees to deal with the 'variable' bully, at a flat rate.  So now you can plan ahead, and you now always have money for lunch.  (The mafia bully still would owe the money to the variable bully, because in real life these would be banks)  That's the deal.  You are mitigating your risk from switching from variable to fixed.    This example is extremely simple, but the idea is, you can remove variable risk by using a 'swap' for a fixed rate."}
{"_id": "145566", "title": "", "text": "You're going to want to work with a collection agency or law firm that specializes in collections. They'll buy the debt from you for something like 10-25% depending on the state and whether they are interested in something this small. People who don't pay rent and get wages garnished for $6k are a bad risk. They'll discount the judgement significantly since the risk of bankruptcy is probably pretty high."}
{"_id": "145567", "title": "", "text": "\"I find it weird that the people screaming about the budget deficit are also screaming about this \"\"taxmageddon\"\" starting on January 1st. I for one think the reduction in spending and the increase in taxes is a sensible, smart decision to get the deficit under control.\""}
{"_id": "145569", "title": "", "text": "Krijg oven gedroogd haardhout dat gemakkelijk te stoken en maakt minder rook. Kies uit grote verscheidenheid aan brandhout op basis van uw verbruik . Er is een andere vari\u00ebteit voor kachels , haarden en andere dagelijkse activiteiten . De meegeleverde hout is duurzaam , meer hout wordt herplant . Oven -dried brandhout is voordeliger dan kunstmatig gedroogd zoals zij heeft 20 % minder vochtgehalte dat maakt het gemakkelijk aan te steken , boiler klaar en produceert minder rook."}
{"_id": "145570", "title": "", "text": "If it changes, should get new bids. That will prevent making stupid irrelevant changes. Leaving a contract open ended so contractors can come back for more money over and over and over just isn't smart and is an open call for corruption."}
{"_id": "145590", "title": "", "text": "\"I don't have a formula for anything like this, but it is important to note that the \"\"current value\"\" of any asset is really theoretical until you actually sell it. For example, let's consider a house.  You can get an appraisal done on your house, where your home is inspected, and the sales of similar houses in your area are compared.  However, this value is only theoretical.  If you found yourself in a situation where you absolutely had to sell your house in one week, you would most likely have to settle for much less than the appraised value. The same hold true for collectibles.  If I have something rare that I need cash for immediately, I can take it to a pawn shop and get cash.  However, if I take my time and locate a genuinely interested collector, I can get more for it. This is comparable to someone who holds a significant percentage of shares in a publicly held corporation.  If the current market value of your shares is $10 million, but you absolutely need to sell your entire stake today, you aren't going to get $10 million.  But if you take your time selling a little at a time, you are more likely to get much closer to this $10 million number. A \"\"motivated seller\"\" means that the price will drop.\""}
{"_id": "145614", "title": "", "text": "\"Life Insurance can be a difficult decision.  We have to first assess the \"\"want\"\" for it vs. the \"\"need\"\" for it, and that differs from person to person.  Any Life licensed agent should be happy to do this calculation for you at no cost and no obligation.  Just be sure you are well educated in the subject to make sure they are looking after YOUR needs and not their wallets. For the majority of clients, when looking at \"\"needs\"\" we will be sure to look at income coverage (less what the household needs with one less body) as well as debt coverage, education costs etc.  More importantly make sure you are buying the RIGHT insurance, as much as the right amount.\""}
{"_id": "145617", "title": "", "text": "&gt;God you suck  Well maybe.  But the point stands; there is an optimum price point which would maximize profits.  It's possible that lowering price could make more money as people would switch from analogs or not buying the drug at all.  Note I don't necessarily agree with any of this; we need more competition in the drug market through patent reform and other measures."}
{"_id": "145630", "title": "", "text": "Solamon Energy Canada Launches Informative New Website Posted in Renewable Energy Company (Toronto \u2013 Posted March 9, 2010) \u2013 \u201cHappy days ahead,\u201d exclaimed Chris Black, president of Solamon Energy Corp., as the company published and proudly unveiled a new website to its senior team and to the world today. \u201cWe intended the site to simply communicate our offering and the progress of each project for our customers [...] Continue Reading Solamon Energy Canada Launches Informative New Website  SOLAMON ENERGY SCAM SAFETY NEWS-... 1 1 4ppl.com [solamon energy news articles solamon energy renewable energy scam safety news] \u2013 il y a 3 mois Solamon announces new executive appointments as company sets new focus. (Toronto) \u2013 After completing an exhaustive executive search throughout the summer months, Solamon Energy\u2019s CEO Graeme Boyce is proud to announce today the appointment of Nicolas Del Valle to a position on the senior team as Senior Vice President, and also the promotion of Christian Giles to SVP. \u201cWe are leaving the development of the Dominican Republic\u2019s solar market in the very capable hands of Mr Del Valle,\u201d says Boyce, \u201cand, based on our discoveries since May, we\u2019ve shifted Mr Giles to Institutions, where he will deliver non-manufacturing facilities, from airports and arenas to hospitals and universities.\u201d"}
{"_id": "145643", "title": "", "text": "\"&gt; Yet, I have failed too see one mention of the \"\"Chargemaster\"\".  Totally agree but that is another topic.  Obamacare is about fixing access to healthcare.  As a society we still need to address the cost of care and the quality of care.\""}
{"_id": "145650", "title": "", "text": "\"Moneydance is a commercial application that is cross-platform. Written in Java, they run and are supported on Windows, Mac and Linux. They integrate with many financial institutions and for those that it cannot, you can import a locally downloaded file. I have used it for several years on my Mac, but have no company affiliation. I'm not sure if by saying \"\"Unix\"\" software you meant FOSS of some kind, but good luck in any case.\""}
{"_id": "145657", "title": "", "text": "Depends on what you're selling and to whom?    If you want attention you need to win over the gatekeeper.  I remember a colleague who would always drop off nice chocolates (in person) to the receptionists and support staff on a regular basis for clients they were interested in (they sold financial products to the C-suite).   It worked wonders on getting in person meetings with the decision makers.  It also helped that the colleague was genuine and pleasant to deal with."}
{"_id": "145665", "title": "", "text": "As your main concern seems to be that you are not sure whether you can ever get a house, and actually support the expenses it incurs when you have one, here is a very simple answer:  You say you are currently decreasing your creditcard debt by 2k per month. At that rate it will be finished within 2 years. Try to pay it off completely, if this succeeds in the next 2 years you can be confident that you can afford a 500k house. (Paying back 50k high interest debt in 2 years, is VERY roughly equivalent to payng back 500k low interest debt over 20 years , a reasonable time period in my environment). So, just pay back the creditcard as fast as you can, if two years sounds like a long time there is nothing stopping you to pay it back a little bit faster even!  Note: This is written under the assumption that your student loan burden will not increase over time."}
{"_id": "145673", "title": "", "text": "You might consider a Green Dot card. You can personalize the name on the card. There is no risk of over-drafting. There are some fees when you fill the card in stores, but it is free to open and manage online. Check out their site and see if it will work for you. It could be a great pair with a joint bank account for you and your kids. https://www.greendot.com/greendot/ Rock on for teaching personal finance and responsibility to your kids!"}
{"_id": "145716", "title": "", "text": "\"Early this year I wrote an article Are you 401(k)o\u2019ed?  I described the data from a 401(k) expense survey and the punchline was that the average large retirement plan (over 1000 participants) expense was 1.08%, and for smaller plans it rose to 1.24%.  As I commented below, if one's goal is to make deposits with income that avoid a tax of 25%, and hope to withdraw it at retirement at 15%, it doesn't take long for a 1% fee to completely negate the benefit of pretax savings.  These numbers are averages, in the same article, I mention (ok, I brag) that my company plan has an S&P fund that costs .05%. That's 1% over 20 years.  The sound bite of \"\"deposit to the match\"\" needs to be followed by \"\"depending on the choice of investments and their expenses\"\" within the 401(k).  Every answer here has added excellent points, fennec's last sentence shouldn't be ignored, there's a phaseout for IRA deductibility, and another for Roth eligibility. For Married filing joint, IRA deduction starts to be lost at $92K, and Roth deposit disallowed at $173K. This adds a bit to the complexity of the decision, but doesn't change the implication of the 1%+ 401(k) fees.\""}
{"_id": "145737", "title": "", "text": "Debit card, no. Prepaid card, probably; some charities do use that approach to make monthly support payments, including to the homeless. You might want to find and talk to one of those groups to find out how they did it."}
{"_id": "145746", "title": "", "text": "Pertho Engineers is a growing LTO Tape Drive repair and backup service provider company in UAE.  We at Pertho Engineers also provide you LTO-3, LTO-4, LTO-5, LTO-6, LTO-7  Tape Drive repair and backup services in UAE. Pertho Engineers provides all company LTO Tape Drive repair and backup services  in UAE. The leading companies whom repair and backup services are HP, IBM, Certance LTO, Quantum LTO, Tandberg LTO, Quantum DLT, Quantum VS80 VS160, Quantum SDLT, HP DAT DDS, Sony DAT DDS.  For more information call at +919871495530"}
{"_id": "145787", "title": "", "text": "Probably the biggest tax-deferment available to US workers is through employee-sponsored investment plans like the 401k.  If you meet the income limits, you could also use a Traditional IRA if you do not have a 401k at work.  But keep in mind that you are really just deferring taxes here.  The US Government will eventually get their due. :) One way which you may find interesting is by using 529 plans, or other college investment plans, to save for your child's (or your) college expenses.  Generally, contributions up to a certain amount are deductible on your state taxes, and are exempt from Federal and State taxes when used for qualifying education expenses.  The state deduction can lower your taxes and help you save for college for your children, if that is a desire of yours."}
{"_id": "145789", "title": "", "text": "Go to your local credit union and open an account there! Why do people put up with banks? Big banks are for business not for regular folks, they will nickel and dime you all the time, and that's the honest ones, the scum like WF will just trash you."}
{"_id": "145811", "title": "", "text": "Seriously. I was there last week, and could not get help from anyone at the sporting goods department.  All the people assigned were missing. It took me several tries to get the department manager to come over.  Once the manager arrived, all of a sudden all the workers showed up out of thin air.  Of course, I was annoyed by the time it them to finally help me.  Maybe this was an isolated case, but it sure didn't feel like they cared about my business."}
{"_id": "145812", "title": "", "text": "I drove myself into serious debt until a friend persuaded me to start budgeting and told me about Out Of The Dark Budgeting.  This free budgeting site made a huge difference for me because it made money management so simple for me and it provides many good suggestions and advice.  I particularly like the cash put aside feature and credit card debt terminator both of which helped me move from bad spending habits to responsible money management so now I waste less and have more for what I really need and love, and most importantly, I am on my way to being debt free, a very powerful feeling already.  Good luck."}
{"_id": "145816", "title": "", "text": "I will just try to come up with a totally made up example, that should explain the dynamics of the hedge. Consider this (completely made up) relationship between USD, EUR and Gold: Now lets say you are a european wanting to by 20 grams of Gold with EUR. Equally lets say some american by 20 grams of Gold with USD. Their investment will have the following values: See how the europeans return is -15.0% while the american only has a -9.4% return? Now lets consider that the european are aware that his currency may be against him with this investment, so he decides to hedge his currency. He now enters a currency-swap contract with another person who has the opposite view, locking in his EUR/USD at t2 to be the same as at t0. He now goes ahead and buys gold in USD, knowing that he needs to convert it to EUR in the end - but he has fixed his interestrate, so that doesn't worry him. Now let's take a look at the investment: See how the european now suddenly has the same return as the American of -9.4% instead of -15.0% ? It is hard in real life to create a perfect hedge, therefore you will most often see that the are not totally the same, as per Victors answer - but they do come rather close."}
{"_id": "145824", "title": "", "text": "\"The crazy thing about this is that $30 million in annual salary and compensation really isn't the end of the story for rich guys.  I worked for a REIT a few years back and the guy that founded that REIT made a few million in salary a year.  I thought the number seemed a bit low for his lifestyle.  He had many properties in the US for his own personal use (around 6-8 BIG homes).  He also had a garage that was insane.  He had over 25 very expensive cars.  My co-workers would say \"\"Nick is airing out his garage\"\" when he drove one to work every day for a month without driving the same vehicle twice in one month.  It turns out he owned 30 million shares of stock that paid him $1.00 per share per year.  So while his annual compensation was \"\"only\"\" a few million per year, his dividend income was many, many, times that.  Think about that next time you see a CEO's annual income and you think that it really isn't as much as you expect.\""}
{"_id": "145830", "title": "", "text": "Our consultant driven economy has removed all robustness from the economy.  Their drive for efficiency has produced an incredibly fragile economy.  Corporations are not suppose to retain any redundancy.  They force this on subcontractors.  As a result there are no trained and ready workers to step in as boomers retire.  The tendency to rely on H-1B has caused young workers to avoid any field where they are likely to be replaced by foreign workers.  Now that foreign workers are finding things better at home we have giant holes in the economy."}
{"_id": "145862", "title": "", "text": "In such a situation, is there any reason, financial or not, to NOT pay   as many points as mortgage seller allows? I can think of a few reasons not to buy points, in the scenario you described: If interest rates decrease you could be better off refinancing to a lower rate than buying points now. If buying points reduced your down payment below 20% then the PMI would more than offset the benefit of having purchased points. Your situation changes and you aren't able to stay in the home as long as planned.  That said, current interest rates are pretty low, so I'd probably gamble on them not getting too much lower anytime soon. I also assume that if you can afford as many points as they allow, that you wouldn't have to dip below 20% down payment even with points. Edit: Others have mentioned that it's important to note opportunity cost when calculating the benefit of purchasing points, I agree, you wouldn't want to buy points at a rate that saved you less than you could earn elsewhere. Personally, I've not seen a points scenario that didn't yield more benefit than market average returns, but that could be due to my market, or just coincidence, you should definitely calculate the benefit for your scenario and shop for a good lender. Don't forget that points are tax deductible in the year paid when calculating their benefit."}
{"_id": "145864", "title": "", "text": "\"As the comments above have been trying to get across, the prospective employer is offering to pay you for the bonus/unvested compensation that you would be losing by jumping ship right now to go work for them.  They are not offering to buy any securities that you already hold, regardless of whether they're profitable or unprofitable. Example 1. You participate in your current company's 401(k), and your company matches your contributions at 50%.  However, the matching funds are not yours immediately; they vest in 20%/year increments until you have been at the company for 5 years.  Let's say you've been there for 3 years and have contributed $50K to the plan.  Your company has matched you at $25K, but only 60% of that ($15K) has vested.  If you leave right now for the new employer, you're leaving $10K behind.  So the new employer might offer to \"\"buy out\"\" (i.e. pay you) that $10K to help encourage you to switch now.  You might then counter their offer by pointing out that if you stay where you are that $10K is coming to you tax-deferred, whereas their $10K signing bonus would be taxed.  So you ask for $15K instead. Example 2. You work for a Wall Street investment bank.  Each December you receive a performance bonus.  Since you began working there, your three yearly bonuses have been (in chronological order) $500K, $750K, and $1M.  It's June, so you've worked halfway towards your next bonus.  You have a lot of incentive to NOT leave your current employer.  A competing employer may offer to \"\"buy you out\"\" of your anticipated bonus by giving you a $1.25M signing bonus (since you'd almost certainly not be eligible for a performance bonus during your first year there).  You might negotiate with them and say \"\"I'm on track for $2M this year\"\", and then they would figure out if you're really worth that much to them. So you can see this all has to do with the prospective employer trying to compensate you for any income you're already counting on receiving from your current employer.  By jumping ship now you would be foregoing that guaranteed/expected income, so the competitor wants to remove that anchor that might be holding you back from making the move. Stocks/options that you already own are irrelevant to the prospective employer.  Since you wouldn't be giving those up by changing jobs, there's no reason for them to factor into the equation.\""}
{"_id": "145870", "title": "", "text": "Two to three years? That is one long gestation period!  :^) Welcome.  Congratulations on taking savings into your own hands, you are a winner for taking responsibility for your, and your family's life. If I was you my first priority would be to pay off your car and never buy one on time again.  Or you could sell it and buy something with cash if that would be easier. It is tremendous that you are thinking and planning.  You are already ahead of most people.  Are you working on your basement as you have time/money like when work might be slow?  If so great idea."}
{"_id": "145878", "title": "", "text": "SouthSmokeShop.com offers ashton cigars, a consistently pleasurable smoke for all cigar lovers having a medium body with nuances of peppery spice with a blend of 3 to 4 year old Dominican tobacco, along with its rich golden Connecticut shade wrapper for an extremely well blended rich taste."}
{"_id": "145881", "title": "", "text": "NeoSize XL is a total penis improvement and a male increment framework which has the most elevated potential with its most capable fixings. The best Neosize xl audits is, This item is by all accounts embraced by a therapeutic expert, yet very few subtle elements are thought about the specialist that backings the item. The material which contains in the Neosize XL reviews is Tribulus Terrestris, Indian Spider Plant Velvet bean, Lebbeck tree, Indian Ginseng, Elephant Creeper, Hygrophila and Tinospora Gulancha."}
{"_id": "145884", "title": "", "text": "Mark Zuckerberg doesn't seem to think we can or should isolate and alienate 50% of the population because of their support of a political candidate, which I, the author, and Hastings seem to share a criticism of. Zuckerberg misses the point. Support of Trump has always been unpalatable to most on the left but now it's unforgivable. Pressure from all sides to erode his support is exactly what we should be doing; Facebook is one of the most powerful tools available in this effort."}
{"_id": "145892", "title": "", "text": "\"Because you've sold something you've received cash (or at least an entry on your brokerage statement to say you've got cash) so you should record that as a credit in your brokerage account in GnuCash. The other side of the entry should go into another account that you create called something like \"\"Open Positions\"\" and is usually marked as a Liability account type (if you need to mark it as such). If you want to keep an accurate daily tally of your net worth you can add a new entry to your Open Positions account and offset that against Income which will be either negative or positive depending on how the position has moved for/against you. You can also do this at a lower frequency or not at all and just put an entry in when your position closes out because you bought it back or it expired or it was exercised. My preferred method is to have a single entry in the Open Positions account with an arbitrary date near when I expect it to be closed and each time I edit that value (daily or weekly) so I only have the initial entry and the current adjust to look at which reduces the number of entries and confusion if there are too many.\""}
{"_id": "145901", "title": "", "text": "What is your focus in your finance coursework? Investments? Wealth management? Corporate finance?  Find something that compliments your desired path. Finance in-and-of itself is one of the most marketable business degrees available (if not THE most), and anything to show you're well-rounded will help get a job.   Don't add real estate as a minor. Most school teach across a $eme$ter what you can learn in a month or two when studying to get your RE license. So, pay thousands of tuition dollar$, or pay the several hundred bucks for your test/course materials.   Experience: finance degree, now a commercial real estate broker"}
{"_id": "145925", "title": "", "text": "Was already priced in. The market is smarter than ratings agencies that are fighting to stay relevant by trying to instill crisis mode on a global economy that is already very fragile. Their only announcements nowadays are on companies/nations that are on the front page of the global newswire. Almost seems like they want the global economy to tank on their information and ratings cuts.  Too bad nobody really cares about the agencies anymore."}
{"_id": "145933", "title": "", "text": "\"Navy is probably your best bet for your first \"\"business\"\" suit. Dark grey is also an acceptable choice. Black is mostly for formal occasions. Light gray is a little sporty.    Suit prices will vary. The most important thing is getting it tailored. A $200 suit that fits you well will look FAR better than as $2000 suit that fits like shit.   I'm going to disagree with vodkaspeed on getting a BB suit tho. While I fully support investing in your appearance, I just don't think it makes sense to buy an expensive suit unless you'll be wearing it for work. If it's only for interviews and every now and then, I'd just get something at men's Warehouse or the likes for around $300 or so. Instead spend your money on what you'll be wearing once you get the job: dress shirts, pants, AE shoes, etc.  For reference a I have a BB suit, but never wear it. Dress shirt and pants is my dress code, and I've splurged on those items and good shoes. The suit sits wasted in the closet.\""}
{"_id": "145937", "title": "", "text": "\"The bottom line is that this just does not work, and as such you should not do it.  Here is a question that you really need to think about:  How will you handle non-payments?  How will you handle it when they talk about purchases they made or vacations they went on when they have been short for the last three months?  Yes, it will happen. The majority of people who engage in debt consolidation, which you are proposing, end up with the consolidated debt and more consumer debt.  One cannot borrow themselves out of debt.  Carrying credit card debt is a sign of poor money management and improper spending behavior.  That behavior will not change if you \"\"bail them out\"\" with the consolidation.  They need to find a way to work their way out of this situation by budgeting, living a more austere lifestyle, and earning more.   Encouraging them to do so will serve them far better then your generous attempts to reduce the pain of their own making. In the end it is always a parent's desire to help their children.  If you can afford to give, then it is well within your right to do so.  It is also within your right to qualify that giving with behavioral conditions.  However, if you cannot afford to give, it is best not to loan.\""}
{"_id": "145970", "title": "", "text": "\"We blindly sped ahead, and our cash demand ballooned, he said. \"\"We got over-extended in our global strategy. At the same time, our capital and resources were in fact limited.\"\"  Translation: We tried to do shit in hindsight we totally should have known we couldn't afford.\""}
{"_id": "145975", "title": "", "text": "\"I live in Boston so I look at boston.com quite a bit.  In general, boston.com is pretty terrible.  Even for local news it is often pretty shitty.  Given that, boston.com doesn't try to game the system to garner additional page hits from reddit.  Browsing through the articles on The Atlantic it looks like they have lots of sensationalist bullshit written like something right off blogspot or Fox News.  \"\"Is Obama Really That Great of a Foreign Policy President?\"\"  \"\"Is This Obama's 'Put Up or Shut Up' Moment on Syria Intervention?\"\"  \"\"Is the International Criminal Court Facing Its 'Black Hawk Down' Moment?\"\"  I can't say I miss seeing sensational crap from them.  If this is your idea of a quality content you might not have a leg to stand on when guessing my experiences.\""}
{"_id": "145981", "title": "", "text": "Eh idk, I was basically un-hirable until I took a job that paid like shit but provided me with experience so when I left I was way more valuable than if I hadn't worked. I was basically compensated in experience and left to get a job that doubled my salary."}
{"_id": "145999", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.dnsassociates.co.uk/blog/bitcoins-tax-implications-uk) reduced by 92%. (I'm a bot) ***** &gt; Tax practices of bitcoin activities in UK The HMRC guidelines on the tax treatment of transactions relating to the sale or use of bitcoins and other similar cryptocurrencies are applicable for bitcoin.  &gt; Different taxes and their activities concerning bitcoins In the case of activities concerning bitcoins and other cryptocurrencies, the taxes like income tax, corporation tax and capital gains tax transactions will hinge on the very activities taking place and the parties involved, in the similar way as transactions involving a normal currency, such as sterling, are decided.  &gt; No special instructions are there for income tax, corporation tax and capital gain tax for the transactions relating to bitcoins.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72z5sg/bitcoin_tax_in_the_uk_explained/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~218069 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bitcoin**^#1 **tax**^#2 **activity**^#3 **currency**^#4 **transaction**^#5\""}
{"_id": "146003", "title": "", "text": "it will be far reaching. China sustains commodity levels, if China collapses it will take alongside the BRICs along with Australia and its neighbors both in South Asia and Central Asia. If China decides to sell its American bonds, it will affect America's debt issuing machine."}
{"_id": "146020", "title": "", "text": "I would do a Roth Conversion and put it at the same place where the rest of your Roth funds are before withdrawing it."}
{"_id": "146021", "title": "", "text": "\"I'm not convinced this is completely possible without additional data.  I'm categorizing my purchases now, and I keep running into things like \"\"was this hardware store purchase for home repair, hobby tools and supplies, cookware, ...\"\" Ditto for department stores, ditto for cash purchases which appear only as an ATM withdrawal. Sometimes I remember, sometimes I guess, sometimes I just give up. In the end, this budget tracking isn't critical for me so that's good enough. If you really want accuracy, though, I think you are stuck with keeping all your receipts, of taking notes, so you can resolve these gaps.\""}
{"_id": "146023", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://reneweconomy.com.au/us-solar-plant-costs-fall-another-30-per-cent-just-one-year-49419/) reduced by 70%. (I'm a bot) ***** &gt; U.S. Solar Photovoltaic System Cost Benchmark: Q1 2017 shows PV system prices falling roughly 30 per cent in only one year for utility-scale solar, to an average price of $1.03 per watt-DC for fixed-tilt systems and $1.11 per watt for systems with tracking.  &gt; NREL has estimated that this translates to levelized costs of electricity from $50-66 per megawatt-hour for fixed tilt systems and $44-$61/MWh for tracking systems, excluding the effect of the U.S. federal Investment Tax Credit.  &gt; NREL found that prices for commercial and industrial systems fell a still-impressive 15% over the last year to an average of $1.85 per watt-DC, while prices for residential systems fell only 6% to $2.80 per watt.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/717qx9/us_solar_plant_costs_fall_another_30_per_cent_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~213287 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **System**^#1 **price**^#2 **Cost**^#3 **solar**^#4 **U.S.**^#5\""}
{"_id": "146027", "title": "", "text": "An aim of the government to fetch out all the illegal financial dealings which has been deleted or de-activated more than 11.44 lakh permanent account numbers (PANs) as of 27th of July in cases where multiple numbers were found allotted to one person."}
{"_id": "146033", "title": "", "text": "So an investor would get their principal back in interest payments after 13.5 years if things remained stable, not accounting for discounting future cash flows/any return for the risk they are taking.  The long maturity helps insurance companies and pensions properly match the duration of their liabilities. Still doesn't seem like a good bet, but it makes sense that it happened."}
{"_id": "146035", "title": "", "text": "&gt; Please read the other comments about   That's all very well, and I **did** read the article - thank you very much for your suggestion; but my comment was not related to the other comments, it was a reply to a specific comment about smaller businesses being more responsive to customer complaints than smaller ones, something that I have not found to be true.  In fact, it is often quite the opposite.  Perhaps in your neck of the woods, small businesses are always polite and perfect, and never require your time.  My opinion is different.  For example, if a small business makes a mistake, then I definitely need to take time off work to try to fix it; possibly, I'll need to even personally go in.  On the other hand, my large banks have people available nights and weekends, making it easier."}
{"_id": "146040", "title": "", "text": "i mean, what equipment are you looking at? have you approached professionals in the field to borrow/accompany them? schools/universities? can you get by with sub-par or cheap-er equipment? can you pick up a part time job to start accumulating some of this equipment? have you checked around with any government organizations which do this type of work?"}
{"_id": "146047", "title": "", "text": "Well, if the bond notes are the only currency around, then the electric company will have to choose from at least one of the money supplies to accept as payment; bonds will be the cash.  Whichever firm they choose will just see their money demand go up.    Second, It will most likely be implied that those people choosing to go into a certain money supply will want to look for a produced good or service in the economy from that firm before taking on it's notes.  If the supply has too much inflation for everyone, than they can all move to another one that ensures their capital value.    The idea of these systems is also to facilitate productive decision making, which is one of the things are education system should do more of these days.  This will be more possible when Government is more limited to and more focused on the role of researcher and developer."}
{"_id": "146061", "title": "", "text": "&gt;any good investment takes time  Yea first you have to borrow millions of dollars, stash it away/buy recurring income assets, and wait long enough to declare bankruptcy so that you don't go to jail for fraud. He specifically calls bankruptcy a tool in the book, and he obviously used it after spending borrowed money on income-earning assets. You can say that's smart. I say it's illegal."}
{"_id": "146069", "title": "", "text": "I don't see why though. I don't eat fast food very often, but the one by me is always packed. So I decide to try it. The fries were soggy and the sandwich was worse. A year or so later I decide to give them another shot. Same thing. I don't get it. The frozen lemonade thing was excellent though."}
{"_id": "146076", "title": "", "text": "\"Publicly traded companies files 10-Ks with the SEC, searchable on the EDGAR system.  If you want basic financial statement info then look for 10-Ks that are marked \"\"Interactive Data\"\", as for those the SEC has  broken everything out by statement into standard formats.  You could also use marketwatch which puts everything in financial statements into the same or as similar of categories as it can to make it easier to compare companies.\""}
{"_id": "146088", "title": "", "text": "That kind of waiting experience is common. Admissions decisions, medical test results, job applications\u2014all involve some period of time where you have to wait to get news, but there is little or nothing you can do to affect the outcome of the decision."}
{"_id": "146091", "title": "", "text": "\"zPesk has a great answer about dividends generally, but to answer your question specifically about yield traps, here are a few things that I look for: As with everything, if it looks too good to be true, it probably is.  A 17% yield is pretty out of this world, even for a REIT.  And I wouldn't bet on it holding up.  Compare a company's yield to that of others in the same industry (different industries have different \"\"standards\"\" for what is considered a high or low yield) Dividends have to come from somewhere, and that somewhere is cash flow.  Look at the company's financial statements.  Do they have sufficient cash flow to pay the dividend?  Have there been any recent changes in their cash flow situation?  How are earnings holding up?  Debt levels? Cash on hand? Sudden moves in stock price.  A sudden drop in the stock price will cause the yield to rise.  Sometimes this indicates a bargain, but if the drop is due to a real worry about the company's financial health (see #2) it's probably an indication that a dividend cut is coming. What does their dividend history look like?  Do they have a consistent track record of paying out good dividends for years and years?  Companies with a track record of paying dividends consistently and/or increasing their dividend regularly are likely to continue to do so.\""}
{"_id": "146095", "title": "", "text": "Man, that's some really important stuff when it comes to filling out a TPS report.  Which, BTW, now have a cover sheet.  Did you see the memo on the cover sheets for TPS reports?  I'll make sure you get another copy of that memo."}
{"_id": "146101", "title": "", "text": "Tell you what, I live in Norway.  Everyone can look up at least the declared taxable income of everybody, including his coworkers, his boss, the CEO, the Bishop, the cleaning lady etc..  Same in Switzerland as far as I know.  Sweden maybe as well, don't know.    No increased levels of bitterness around here.  Rather high salaries though, but that's probably more related to being a very rich country.  (I personally don't even care enough to look but then I'm in a rather individual payment structure.)"}
{"_id": "146125", "title": "", "text": "The best ask is the lowest ask, and the best bid is the highest bid.  If the ask was lower than the bid then they crossed, and that would be a crossed market and quickly resolved. So the bid will almost always be cheaper than the ask. A heuristic is that a bid is the revenue of the stock at any given time while the ask is the cost, so the market will only ever offer a profit to itself not to the liquidity seeker. If examining the book vertically, all orders are usually sorted descending. Since the best ask is the lowest ask, it is on the bottom of the asks, and vice versa for the best bid. The best bid & best ask will be those closest since that's the narrowest spread and price-time priority will promise that a bid that crosses the asks will hit the lowest ask, the best possible price for the bidder and vice versa for an ask that crosses the best bid."}
{"_id": "146126", "title": "", "text": "No problem, glad you responded &amp; I hope it is useful to you. Most of that stuff is actually how upcoming technology will effect dell not so much the economy but some of it goes hand in hand. Best of luck to you on you project. Also, thank you for the thank you.  I've responded to too many posts of people asking for help that never respond to their own posts so kudos to you."}
{"_id": "146130", "title": "", "text": "I used to go as a child and I WANT to go back but in good conscience, I can't. :( I WANT to enjoy the shows where wounded or rescued animals that can't be returned to the wild can be shown or emotionally stimulated.   But -- I can't while they have the whales there. :( **I miss you Sea World but I will not go as long as they are there**"}
{"_id": "146135", "title": "", "text": "I think that some of that might have to do with not being confortable with accepting systems of rules that people just make up and accept.  In the case of relativity, things are based on observation and governed by logic which shouldn't have any contradictions.  To understand the creation/destruction of money, it requires understanding how a set of made up rules were implemented and lead to a state where the rules no longer work or seem to form a contradiction, IMO.  I wouldn't say it's harder to understand than relativity, I would just say that understanding it requires seeing that, unlike physics, not everything was played exactly by the rules."}
{"_id": "146142", "title": "", "text": "You have currency risk either way.  The only question is deal with it now or later.  No one can tell you which action is better until we look at it in hindsight.  You could hedge and move some now, some later.  Invest your USD in US equities and move some to EUR and invest that in EUR companies. I'd suggest having your money in the same currency as where you are living, since for the most part, you'll be in the same boat as your peers and neighbors.  If you have high inflation, so will your friends and neighbors and you won't feel so bad.  And if your currency gets stronger, then so will the currency of the people you are hanging out with. It's similar to betting on Don't Pass in craps.  If you bet against the rest of the table, you could win when they lose, but then all your friends will be sad and you'll be happy. And vice versa, when your friends are high-fiving, you'll be in the dumps. I'd say it's better to be in the same boat as your peers since that's usually how we judge our happiness when we compare our situation to others."}
{"_id": "146147", "title": "", "text": "I agree to an extent. You make good points.  I'm still not at a state where I would trust our incompetent government to efficiency allocate and run a healthcare system sponsored by taxpayers or users. I assume each European nation has its own plan or system. To extrapolate such over a country with a population and sprawl of the U.S. seems much more difficult.  To be honest, I'm at a loss of how to solve the problem. Fighting the population bubble, global sluggishness, corruption, government waste, and populace inequality has really forced me out of politics.   Sorry for the demoralized response, but I cannot say you are right or wrong at this point. And frankly, I'm starting to realize it doesn't matter."}
{"_id": "146149", "title": "", "text": "Yup, there is the temptation to go out to bars etc, but you can always invite people back to your place instead for studying and drinks, if you really need to do that... (oh ya... if your jurisdiction doesn't allow drinking at your age, I guess it won't be an issue, I keep forgetting how it works some other places)"}
{"_id": "146160", "title": "", "text": "LC Webpros also very famous as a digital marketing agency and the expert digital market researcher of this company are always doing market research and suggest you the best thing for your business investment. If you are looking social media marketing service provider company, then we are the best platform for you. An Active social media presence is kind of like pulling out a business increment at a business meeting and then understanding."}
{"_id": "146177", "title": "", "text": "It looks like it has to deal with an expiration of rights as a taxable event. I found this link via google, which states that  Not only does the PSEC shareholder have a TAXABLE EVENT, but he has   TWO taxable events. The net effect of these two taxable events has   DIFFERENT CONSEQUENCES for DIFFERENT SHAREHOLDERS depending upon their   peculiar TAX SITUATIONS. The CORRECT STATEMENT of the tax treatment of unexercised PYLDR rights   is in the N-2 on page 32, which reads in relevant part as follows: \u201c\u2026, if you receive a Subscription Right from PSEC and do not sell or   exercise that right before it expires, you should generally expect to   have (1) taxable dividend income equal to the fair market value (if   any) of the Subscription Right on the date of its distribution by PSEC   to the extent of PSEC\u2019s current and accumulated earnings and profits   and (2) a capital loss upon the expiration of such right in an amount   equal to your adjusted tax basis (if any) in such right (which should   generally equal the fair market value (if any) of the Subscription   Right on the date of its distribution by PSEC).\u201d Please note, for quarterly \u201cestimated taxes\u201d purposes, that the   DIVIDEND taxable events occur \u201cON THE DATE OF ITS DISTRIBUTION BY PSEC   (my emphasis),\u201d while the CAPITAL LOSS occurs \u201cUPON EXPIRATION OF SUCH   RIGHT\u201d (my emphasis). They do NOT occur on 31 December 2015 or some   other date. However, to my knowledge, neither of the taxable events he mentions would be taxed by 4/15. If you are worried about it, I would recommend seeing a tax professional. Otherwise I'd wait to see the tax forms sent by your brokerage."}
{"_id": "146181", "title": "", "text": "\"For US stocks it's a bit of a gamble. Many actively managed funds underperform the market indexes, but some of them outperform in many years. With an index you will get average results. With an active manager you \"\"might\"\" do better than average. So you can view active management as a higher risk, potentially higher reward investment approach. On the other hand, if you want to diversify some of your investments into international stocks, bonds, junk bonds, and real estate (REITs) active management is highly likely to be better than indexing. For these specialized areas specialized knowledge and research is needed.\""}
{"_id": "146188", "title": "", "text": "Here is a list to Yahoo! Finance API.  Not sure how much longer this will be support though: https://code.google.com/p/yahoo-finance-managed/wiki/YahooFinanceAPIs"}
{"_id": "146204", "title": "", "text": "There is economic value added to the marketplace, by having many investors trading stocks. The stock market itself can be thought of as a tool which provides additional 'liquidity' to the marketplace. Liquidity is the ease with which you can convert your assets into cash (for example, how quickly could you sell your car if you needed money to pay a medical bill?). Without a stock market, funds would be very illiquid - an investor would likely need to post advertisements to have other people consider buying his/her shares. Until the match between a buyer and seller is found, the person with the shares can't use the cash they need. On the other side of the transaction, are people who have an appetite for risk. This means that, for various reasons, they are willing to take on more risk than you, if it pays off on average (they are young [and have many years of salary earnings in front of them], or they are rich [can afford to lose money sometimes if it pays off on average]). Consider this like a transaction between your insurance broker - you don't want to pay for a new car if you get in an accident, and you're willing to pay total annual premiums that, on average, will cost more than that same car over time. You don't want the risk, but the insurance company does - that's how they make money. So by participating in any marketplace, you are providing value, in the form of liquidity, and by allowing the market to allocate risk to those willing to take it on."}
{"_id": "146216", "title": "", "text": "I used to go on recruiting trips when I was in consulting and got a great look at the process and what HR values. Presentation: wear a white shirt with a mild patterned tie (dark blue or dark red with grey are good colors). Prep: Study the company's website and read the first part of their 10-Q financial report. Have a leather portfolio with a pen, notepad for notes, and 10 copies of your resume. Attitude: Show enthusiasm about the company and position. You'll want to have questions for the interviewers, even if you know the answer, and can ask different people the same question. Good luck and have confidence!"}
{"_id": "146218", "title": "", "text": "\"One way to \"\"get into the real estate market\"\" is to invest your money in a fund which has its value tied to real estate. For example, a Real Estate Investment Trust. This fund would fluctuate largely inline with the property values in the area(s) where the fund puts its money. This would have a few (significant) changes from 'traditional' real estate investing, including:\""}
{"_id": "146222", "title": "", "text": "&gt;but taking actions specifically for the purpose of killing off competition is not good because it reduces the pressures on efficiencies.  Only for customers and economy as a whole. Company with monopoly power enjoys monopoly profits.   The business model of  Amazon is pretty clear: Build advantages trough network externalities and large scale. Amazon invests everything into more growth. More revenue and market share means that Amazon can drop it's margins more than competition. That's how Wal-Mart became a giant.   Amazon is internet era logistics and bulk  services company. Whole Foods acquisition is horizontal integration and increases Amazon's economies of scale. Everything will connect  together in distribution network level. http://www.businessinsider.com/amazons-earnings-highlight-expanding-logistics-network-2017-2?utm_source=markets&amp;utm_medium=ingest&amp;r=US&amp;IR=T&amp;IR=T  Amazon is building barriers to entry as fast as it can using:   - demonstration pricing: dropping price very low in a \u2018demonstration\u2019 of power and to put pressure on existing or potential rivals. - limit pricing:  setting a price just below the average cost of new entrants  - high set-up costs - exclusive contracts - vertical integration  - horizontal integration"}
{"_id": "146248", "title": "", "text": "I could argue Amazon. And Facebook the other way.  Before the down-vote brigade appears, I'll just say I said I could *argue* those points. Also, I haven't done valuation in years, and definitely not for tech because while I am a big techie, the industry itself seems likes a clown lottery with respect to valuation."}
{"_id": "146255", "title": "", "text": "It would be wise for company owners or employers to have their employees train on health and safety practices especially if their job involves some risks. The training will not only prepare them in case of accidents but will also boost their confidence in doing their tasks."}
{"_id": "146265", "title": "", "text": "Firstly, it should be noted that the period of the investment is  all of the years 2007 to 2017 inclusive. This totals (temporarily removing one shoe and sock to extend counting range) 11 years!  Not the 9 of the OP and the accepted answer... Secondly, there are various definitions of average rate of return.  One would be : What constant annual rate of return, compounded annually, will yield   the same result as the given investment? Unfortunately, this results in an equation that cannot be solved by ordinary algebraic methods.  If r is the desired annual rate, then the equation is: (1+r)^11 * 10000 = 14567 Using logarithms: log(1 + r) = log(1.4567)/11 r = 3.4789%"}
{"_id": "146276", "title": "", "text": "These days there are a lot of solutions which allow you to hire a car on the Internet itself. One of the major benefits of booking on the internet rental-car solutions is that you will preserve a fortune and ensure that things are effectively structured, thus saving sufficient time as well. We provide the Car rental services at a cheap price in the whole world. The best way to reduce costs and plan for local transportation when you are on a vacation is to book your car."}
{"_id": "146277", "title": "", "text": "\"Is this legal? Why not? But you might have trouble deducting losses on your taxes, especially if you sell to someone related to you in some way (which is indeed what you're doing). See the added portion below regarding dealing with \"\"related person\"\" (which a sibling is). The state of Maryland has a transfer/recordation tax of 1.5% for each, the buyer and seller. Would this be computed on the appraised or sale value? You should check with the State. In California property taxes are assessed based on sale value, but if the sale value is bogus the assessors have the right to recalculate. Since you're selling to family, the assessors will likely to intervene and set a more close to \"\"fair market\"\" value on the transaction, but again - check the local law. Will this pose any problem if the buyer needs financing? Likely, banks will be suspicious.Since you're giving a discount to your sibling, it will likely not cause a problem for financing. If it was an unrelated person getting such a discount, it would likely to have raised some questions. Would I be able to deduct a capital loss on my tax return? As I said - it may be a problem. If the transaction is between related people - likely not. Otherwise - not sure. Check with a professional tax adviser (EA or CPA licensed in Maryland). You mentioned in the comment that the buyer is a sibling. IRS Publication 544 has a list of what is considered \"\"related person\"\", and that includes siblings. So the short answer is NO, you will not be able to deduct the loss. The tax treatment is not trivial in this case, and I suggest to have a professional tax adviser guide you on how to proceed. Here's the definition of \"\"related person\"\" from the IRS pub. 544: Members of a family, including only brothers, sisters, half-brothers, half-sisters, spouse, ancestors (parents, grandparents,   etc.), and lineal descendants (children, grandchildren, etc.). An individual and a corporation if the individual directly or indirectly owns more than 50% in value of the outstanding stock of the   corporation. Two corporations that are members of the same controlled group as defined in section 267(f) of the Internal Revenue Code. A trust fiduciary and a corporation if the trust or the grantor of the trust directly or indirectly owns more than 50% in value of the   outstanding stock of the corporation. A grantor and fiduciary, and the fiduciary and beneficiary, of any trust. Fiduciaries of two different trusts, and the fiduciary and beneficiary of two different trusts, if the same person is the grantor   of both trusts. A tax-exempt educational or charitable organization and a person who directly or indirectly controls the organization, or a member of   that person's family. A corporation and a partnership if the same persons own more than 50% in value of the outstanding stock of the corporation and more than   50% of the capital interest or profits interest in the partnership. Two S corporations if the same persons own more than 50% in value of the outstanding stock of each corporation. Two corporations, one of which is an S corporation, if the same persons own more than 50% in value of the outstanding stock of each   corporation. An executor and a beneficiary of an estate unless the sale or exchange is in satisfaction of a pecuniary bequest. Two partnerships if the same persons directly or indirectly own more than 50% of the capital interests or profits interests in both   partnerships. A person and a partnership if the person directly or indirectly owns more than 50% of the capital interest or profits interest in the   partnership.\""}
{"_id": "146281", "title": "", "text": "The Direct Selling Association (DSA) is an autonomous and self-regulatory body that deals with the direct selling business organizations.  The Association acts as a bridge between the direct selling industry as well as policy-making bodies of Indian Government. It works for the cause of Direct Selling Industry. The DSA also tries to create a favorable environment for the growth and expansion of direct selling industry."}
{"_id": "146298", "title": "", "text": "The answer is very simple. Part of the luxury is having the cutting edge technology with the very latest features. The price premium is not just from increased build quality; it's simply a perception. Additionally, 10 years takes its toll on a car. The smooth suspension gets rougher over time, and all the little features start to break down. Part of the price of that car factors in the expense of expected repairs. That's true of every car, but the repairs are more expensive when there are lots of gadgets to break down, especially on imports."}
{"_id": "146300", "title": "", "text": "OK ok. I am going to guess here LIVE and find out about Ms Myers...Did she go to Harvard? Did her parents go to Harvard? Was she connected into her job?  NO! It seems not. Although she graduated in 1999 from Stanford and now is worth $430 million. Not a bad decade and a half!"}
{"_id": "146315", "title": "", "text": "And the 360 only saw a real jump in 2011 because of the release and initial high sales of the Kinect. They have returned to lagging significantly in 2012. Thanks for the stats, I hadn't seen an aggregate list of sales and market share until now."}
{"_id": "146317", "title": "", "text": "\"When I was younger I had a problem with Washington Mutual.  Someone had deposited a check in to my account then ran my account negative with a \"\"dupe\"\" of my debit card.  WaMu tied up my account for three months while they investigated because it wasn't simply a debit card fraud issue, this was check fraud (so they claimed).  At the time all the money I had in the world was in that account and the ordeal was extremely disruptive to my life.  Since the, I never spend on my debit card(s) and I keep more than one checking account to disperse the risk and avoid disruption in the event anything ever happens again. Now one of the accounts contains just enough money (plus a small buffer) to pay my general monthly expenses and the other is my actual checking account.   There's no harm in having more than one checking account and if you think it will enhance your finances, do it. Though, there's no reason to get a business account unless you've actually formed a business.\""}
{"_id": "146327", "title": "", "text": "Having taxes in USD gives the USD intrinsic value.  The US government already fights any attempt to have the petrodollar undermined (foreign exchanges that trade oil in currency other than USD).  It will have to exactly 0 interest in undermining itself by accepting anything but USD in taxes."}
{"_id": "146349", "title": "", "text": "\"At least a snake oil seller would admit to being a snake oil salesman eventually.  You're right - they're everywhere.  These people (99% are women) are so earnest, totally humourless and indignant.  I'm disabled so they buzz around me like flies.    Collectively they are so annoying, so misguided but, unlike the snakeoil guys, these people believe it all.  \"\"Wellness\"\" gurus, I-can-cure-cancer-eating-salad f-wits and, my personal favourite, the people who blame me for getting (and keeping) my condition that started when I was 12.  It's all my fault.  Sanctimonious hippy arseholes - I know where they should shove their crystals.\""}
{"_id": "146351", "title": "", "text": "Some other unsecured loans that are common:"}
{"_id": "146359", "title": "", "text": "We recently had a sump pump fail during a rainy weekend. Never had more than an inch or so of water on the floor.  Total cost to remove the water, dry out the basement, and repair the damage to the paneling and wallboard: more than $7,000 plus the new sump pump. We are not in a flood zone.  In a flood zone the cost of the loss could be total. A flood is also the type of hazard that can also destroy the value of land.  No way I would want to self insure for this known hazard."}
{"_id": "146379", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.japantimes.co.jp/opinion/2017/07/10/commentary/world-commentary/trumps-trade-trap/#.WWOdSOmQyUk) reduced by 88%. (I'm a bot) ***** &gt; Trump sees the costs of these programs as showing that past U.S. leaders were willing to sacrifice the interests of ordinary Americans to meaningless global cooperation.  &gt; U.S. officials negotiated horrible trade deals; American workers lost their jobs to imports; our putative allies didn&amp;#039;t pick up their fair share of military spending.  &gt; Last week, Europe and Japan announced they&amp;#039;re negotiating a trade agreement that covers 40 percent of world trade and excludes the U.S. Being outside these agreements would weaken U.S. exports.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mg13e/trumps_trade_trap/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~163838 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **U.S.**^#1 **Trump**^#2 **American**^#3 **trade**^#4 **percent**^#5\""}
{"_id": "146388", "title": "", "text": "You've got two options.  Deduct the business portion of the depreciation and actual expenses for operating the car.  Use the IRS standard mileage rate of $.575/mile in 2015. Multiply your business miles by the rate to calculate your deduction.  Assuming you're a sole proprietor you'll include a Schedule C to your return and claim the deduction on that form."}
{"_id": "146389", "title": "", "text": "That's the clincher for me too.  As the customer, I don't give a shit about a virtual separation between Best Buy the store and BestBuy.com.  You've got ads for BB.com all over the goddamn store, in my eyes it's the same thing.  Yet, the online store undercuts the physical store by hundreds of dollars in some cases, and forces me to go through another hoop of ordering it online then setting up in-store delivery to the store I'm already friggin standing in.  How's about I just play on your nice floor model, and you either match Amazon's or whoever's price or I just order it from them and get it shipped to my house?"}
{"_id": "146409", "title": "", "text": "How did they violate the law if he hasn't been declared legally incompetent? I'm not saying they didn't I just don't personally know and I'm sure if she can state exactly HOW it was illegal to the dealership they would be more likely to just refund it."}
{"_id": "146429", "title": "", "text": "I have a very specific MBA in sustainable business and my thoughts always go to that topic so this might be more detailed than you'd like.   I think it'd be interesting to assess how the proliferation of digital communication, which manifests as much more transparency and an informed consumer base, has affected international supply chain sustainability and the response of management.   Corporate Social Responsibility has grown exponentially in the last few decades. How much is that because it's a lot harder to hide bad behavior with social media allowing for more niche activism?"}
{"_id": "146441", "title": "", "text": "\"Written with some mild snark , but no insult intended, because financial stuff can be ridiculously confusing... Looked at another way, you're basically asking if the Biblical \"\"Parable of the Talents\"\" can be implemented as a business model.  You as the investor wish to be the \"\"master\"\", with the entity doing the investing playing the part of the \"\"servant\"\". Since the law prohibits actual servitude as described in scripture, the model must substitute a contractual profit- and loss-sharing scheme. OK, based on what you've proposed, and by way of example, let's say you invested a thousand dollars. You give the investment service your money. At the end of a year, they give you back   - Your capital ($1000)  - Plus 1/2 of any profits  OR  - Less 1/2 of any losses So let's say the worst happens and they lose ALL of it. According to your proposal, they have to cover 1/2 of the loss. You end up with $500...but they end up with LESS than nothing. They will be in a deficit situation because all the expense was theirs. They don't just fail to make a profit. They go in the hole. It doesn't matter what percentages you use. Regardless of how the loss is shared, you've only guaranteed YOU can't lose all your money. The company CAN. Given a large enough investment, or enough market fluctuation, a big shared loss could shut down a smaller firm. To summarize:   - You want a service that charges you nothing   - Does all the work of expertly managing and investing your capital  - Takes on part of the risk you would normally bear  - (on top of their usual risk and liability)  - Agrees to do so solely for a percentage of any return (where higher returns will likely involve a higher degree of risk)  - AND that guarantees, after just 1 year, you'll get X% of your capital back, no matter what. Win or lose.  - Even if the market crashes and all your capital, and theirs, is wiped out Superbest, um, to be serious briefly: what you're proposing is, if nothing else, inherently unfair and inequitable. I believe you intended it as a mutually beneficial scenario, but the real-world imbalance in risk and reward prevents it being so. Any financial service that would accept those terms along with the extra degree of risk would be fiscally irresponsible. From a business standpoint it's an untenable model, and no company would build on it. It would be tantamount to corporate suicide. The requirement that a service promise to give you back X% of your money, no matter how great the loss, makes your proposal impossible. You need to think about how much all this costs, realistically, as well what kind of returns you can actually expect. And that more risk for higher return is exactly what a service could NOT take a chance on if it had to \"\"share\"\" investors' losses. Besides, it's not really sharing, now is it? They will always lose more than you, always end up in a negative situation, unable even to recoup costs. Circumstances beyond their control could result in a drop in the value that not only wipes out any profit, but requires them to pay YOU for work performed and expenses incurred on your behalf.  Why would they let anyon double-dip like that? Yeah, we all prefer getting something for nothing...but you want valuable services and for them to pay you money for the privilege of providing them? I totally agree that would be fantastic, but in this world even \"\"free\"\" doesn't come cheap anymore. And getting back to costs:  Without consistent income the service would have nowhere to work and no resources to work with. No office, computer, phone, electricity, Internet, insurance, payroll, licensing, training, maintenance, security, lobbying, etc., etc., etc. Why do people always forget overhead? There's a reason these services operate the way they do. Even the best are working with fairly slim margins in a volatile sector. They're not into 1-year gambles unlikely to cover their cost of doing business, or having to pay for a negative return out of their own pocket. Look, if you're the Biblical master asking your servant to manage things, overhead is built-in. You're taking all the risk as well. You're paying for all three servants' food, home, clothing, etc, plus you had to buy the servants themselves. So its reasonable that you reap the reward of their labor. You paid for it, and you didn't even punish the servant who buried your money in a hole. The two good servants may have done the legwork, but you took on the burden of everything else. In your proposed service, however, contrary to the servant's usual role, the servant - i.e., the company - would be assuming a portion of your risk on top of their own, yet without any guarantee of profit, income, or even coverage of costs. They're also subject to regulations, fees, liability, legal stuff, etc. that you're not, against most of which you are indemnified and held harmless. If they agree to cover a share of your loss, it exposes to greater liability and more related risk. It robs them of resources they need to  invest in their own business, while at the same time forcing them to do all the work. As a result, your model doesn't give such a service a fighting chance. Getting it off the ground and lasting past the first-year payouts would require more luck than skill.  They'd be better off heading to Vegas and the blackjack table, where the only overhead is a cheap flight and room, where the odds and rules don't change overnight, and they at least get free drinks. If none of the equivalents satisfies, then the Biblical parable appears to describe your only option for obtaining exactly what you want: Move to a country where slavery is legal and buy an investor  :-) Cheers, c\""}
{"_id": "146442", "title": "", "text": "You have a point with suicide, however, even the smallest estimates of defensive gun use show it is more common than gun homicides.  In regards to suicide, we need to examine WHY people are committing suicide and work to resolve the root causes. Likely ending the drug war (less people in prison, less people with felony records), better access to healthcare, and more assistance for the poor will help greatly at killing the root causes of why people want to commit suicide."}
{"_id": "146467", "title": "", "text": "&gt;  I don't have the cash for a top tier law school or even to afford to live near one,  Why not take out some loans? If you can get into a good school and get a good job, its worth it.   &gt; Psychiatric Nurse Practitioner or possibly a Physician's Assistant.  Both good options.  I wish you luck :)"}
{"_id": "146478", "title": "", "text": "Quite a lot of reasons but mostly supply and demand.   Some areas of Africa are extremely remote and just don't have things there that some of the population now want.   I would guess it won't be like this for much longer but right now it is and i have met plenty of people taking advantage of that fact."}
{"_id": "146479", "title": "", "text": "From what I read, if the monthly average of the stock falls below 1 dollar, it can be delisted from the NYSE, which of course means you lose everything.  I've been playing this same stock on a day by day basis.  Twice I've finished up 15% on the day, with AMR, but  I don't plan on being able to do this for much longer though.  I dumped it all today just in case they decide to remove it this weekend."}
{"_id": "146484", "title": "", "text": "Have you even looked at youtube? Every song or scene from any movie is available for free. Youtube is supposed to be about home videos, not stolen entertainment that would cost money to watch normally. Even with a plethora of options like netflix, itunes, amazon on demand, hulu, vudu, redbox, blockbuster, time warner vod, xbox live, psn on demand, people endlessly download movies and songs. We deserve to have laws like this."}
{"_id": "146488", "title": "", "text": "Also peak is going to get a lot worse.  No-one is going to wait to plug their car in until bed time.  They are going to plug it in as soon as they get home in the evenings,  and if there are high wattage fast chargers to get that first 40ish % charged quickly before swapping to trickle charge then I have a feeling there will be peak price hikes as a result of the load increase."}
{"_id": "146506", "title": "", "text": "Would bond holders differentiate in their EV/EBITDA calcs when compared to equity holders when valuing a private company?  For e.g. when it comes to a company that has built a power plant, generally equity holders would take an additional haircut/discount for the lack of marketability.   Would debt holders do the same? Would there be a higher valuation otherwise?"}
{"_id": "146531", "title": "", "text": "Americans want cheaper health care. They do not want one where you have to wait months for a blood test and sometimes they cut off the wrong leg (see video on Canadian health care system below).  https://www.youtube.com/watch?v=q2jijuj1ysw  There is a medium between a monopoly market (what exists today) and a socialized one. It is called a free market."}
{"_id": "146535", "title": "", "text": "I think what ended up happening with this is the canadian banks issued some high risk debt that is in line with the bail-in requirements. So the interest payments are more, but they could lose it all in a bail-in situation.  There was actually some debate about the sale of the debt not being fairly handled, but from the sounds of it the notes sold pretty quickly. So there doesn't seem to be much risk to depositors and investors don't seem to be worried about the additional risk. Also at the time of the banks becoming compliant with the Basel regulation I think most of them jacked their service fees to help with raising the additional capital requirements.  http://business.financialpost.com/2014/07/21/rbc-responds-to-complaints-about-issue-of-nvcc-subordinated-debt/"}
{"_id": "146547", "title": "", "text": "I think rather than take a percentage out, I focus on getting a total amount I consider appropriate for my emergency fund.  Then as for retirement, I do at least what my employer matches, up to the contribution limit.  For example my personal retirement plan in the US has an annual max contribution of $5000. Once I have my 6 to 12 month emergency fund (in a pretty liquid form) and a fully funded retirement, I want to concentrate on building wealth via investments or increasing the quality of my life by spending. Summary answer is:  no percentage for emergency, just get to a total amount you feel comfortable.  Then whatever percentage will allow you to make the most of employer matching and make your retirement fully funded."}
{"_id": "146557", "title": "", "text": "What are the steps to bring the money to the US? It is worth 1.25 Crore and I have already paid the 20% tax in India. Under the Liberalized Remittance Scheme an Individual can repatriate funds upto USD 250,000 without any paperwork.  However most banks would be cautious and request for Form 15CA and Form 15CB if you are moving funds from NRO Account. Form 15 CA you would need to declare why you are moving the said funds. The Form 15 CB is to be filled by  Chartered Account certifying that relevant taxes have been already paid to Income Tax. Most Banks would offer these services. Compare the Fx Rate and Fees before you make a decision as to which Bank to proceed with."}
{"_id": "146573", "title": "", "text": "In short. A fiat currency is money that has value only because (usually) a government says it does.  A counter example (non-fiat currency) is a gold coin that has intrinsic value usually because it is made of valuable materials that people would trade goods/services. That is the value comes from what you are holding more than what it represents."}
{"_id": "146576", "title": "", "text": "I agree that poor management can mightily contribute to subpar plan performance, but many other factors contribute to it too, and I'm not convinced that it's purely ineptitude on Ford/GM/American Airlines/whoever else that has resulted in these pension headaches. Like I said, it's difficult. I also just don't like pensions from a business strategy perspective, because it creates a long-term liability that any going concern should obviously avoid. I think that letting individuals control their own finances is better for employer and employee. If the employee wants that pension buyout option right now to go buy a Porsche, who's to say we should stop them? It's their money."}
{"_id": "146581", "title": "", "text": "you have it.  fry's has to compete with amazon as well, and we don't see nearly as much bitching and moaning an prognostication of their demise as we do with best buy. price matching has been a part of their strategy for a while."}
{"_id": "146583", "title": "", "text": "Customers also have different needs and the more extreme the need, the more likely they're going to rate you. So even if you completely fulfill a customer's need, unless it was an extreme need or they were in a predefined emotional state, you're not likely to get a review.  As an example, we used to actually fix things at our Radio Shack, with solder and such. In store. A FEW people would give us feedback about that. We were also allowed leeway on what we could take for returns (receipt, 30 day limit, etc.). So if the customer came in and started telling me how our products sucked, and they were calling the BBB it's unlikely they would receive the queen bee treatment. They also gave reviews (Yelp wasn't around at the time).  In short, despite the fact we gave the vast majority of our customers way above par treatment, the people most likely to give reviews were self-entitled pissants. Despite what people say about turning customers around (from angry to nice), this only happened with maybe 1 out of every 5 pissy customers. Another two would probably be shown to be attempting to scam the store in some manner and a fourth would likely have to be shown the door."}
{"_id": "146595", "title": "", "text": "&gt; Now we can go on and explain why Jews have cultivated so much hatred for them selves, starting with their habit of Usury and the Betrayal of Christ to the Romans,  That's nothing! As you know, Jews use the blood of young boys for their rituals... while controlling the media and banks..."}
{"_id": "146603", "title": "", "text": "Your tenant made a mistake. You deal with this exactly as you would deal with a delinquent tenant, which is a hard and sticky question that involves you, your lease, your relationship with the tenant, your priorities, your values, local laws, your estimation of tenant's honest and creditworthiness, and so forth. It's not an easy question. It just falls under the question of how to deal with delinquency that happens to involve the circumstance of allegedly paying cash and having it stolen, which is a hard question."}
{"_id": "146606", "title": "", "text": "@gef05 He was making a reference to expatriation and renouncing citizenship. Citizens have to pay taxes wherever they are no matter how long they are there, people that renounce their citizenship have to continue paying income taxes to the US IRS for several years"}
{"_id": "146615", "title": "", "text": "\"Keep in mind that when you brand a truck, on the road it's advertising your business, but when it's sitting in the driveway, unattended at night, it's also a sign to people that \"\"Hey, I'm filled with lots of expensive tools, come break into me!\"\"  Use caution.  The contractors I know all avoid branding on their vehicles for this very reason.\""}
{"_id": "146617", "title": "", "text": "Floyd can't read, dude.    It happened to Tyson, Holyfield, and countless other athletes.  Floyd is going to go broke when he has a tax liability that he doesn't pay, and can't secure another $100mil payday because he is too old.  I guarantee it will happen within the next 10-15 years."}
{"_id": "146620", "title": "", "text": "They have already done this - why should they have to pay taxes when a latecomer does not have to? Why did they have to follow environmental laws when Foxconn does not? That sounds like crony capitalism to me, where the government favors certain businesses over others."}
{"_id": "146628", "title": "", "text": "\"I would differentiate between pricing and valuation a bit more:  Valuation is the result of investment analysis and the result of coming up with a fair value for a company and its shares; this is done usually by equity analysts. I have never heard about pricing a security in this context. Pricing would indicate that the price of a product or security is \"\"set\"\" by someone (i.e. a car manufacturer sets the prices of its new cars). The price of a security however is not set by an analyst or an institution, it is solely set by the stock market (perhaps based on the valuations of different analysts).  There is only one exception to this: pricing an IPO before its shares are actually traded on an exchange. In this case the underwriting banks set the price (based on the valuation) at which the shares are distributed.\""}
{"_id": "146629", "title": "", "text": "Often, we find ourselves overwhelmed with a large number of exciting options, immense possibilities, conflicting opinions, changing priorities, shifting bottlenecks, fluctuating market scenarios and unpredictable customers!  Test your situation with this TEN-QUESTION-TOOL to re-engineer and transform your situation into a workable strategy and a clear-cut plan!"}
{"_id": "146632", "title": "", "text": "\"Yes. There are several downsides to this strategy: You aren't taking into account commissions. If you pay $5 each time you buy or sell a stock, you may greatly reduce or even eliminate any possible gains you would make from trading such small amounts. This next point sounds obvious, but remember that you pay a commission on every trade regardless of profit, so every trade you make that you make at a loss also costs you commissions. Even if you make trades that are profitable more often than not, if you make quite a few trades with small amounts like this, your commissions may eat away all of your profits. Commissions represent a fixed cost, so their effect on your gains decreases proportionally with the amount of money you place at risk in each trade. Since you're in the US, you're required to follow the SEC rules on pattern day trading. From that link, \"\"FINRA rules define a \u201cpattern day trader\u201d as any customer who executes four or more \u201cday trades\u201d within five business days, provided that the number of day trades represents more than six percent of the customer\u2019s total trades in the margin account for that same five business day period.\"\" If you trip this rule, you'll be required to maintain $25,000 in a margin brokerage account. If you can't maintain the balance, your account will be locked. Don't forget about capital gains taxes. Since you're holding these securities for less than a year, your gains will be taxed at your ordinary income tax rates. You can deduct your capital losses too (assuming you don't repurchase the same security within 30 days, because in that case, the wash sale rule prevents you from deducting the loss), but it's important to think about gains and losses in real terms, not nominal terms. The story is different if you make these trades in a tax-sheltered account like an IRA, but the other problems still apply. You're implicitly assuming that the stock's prices are skewed in the positive direction. Remember that you have limit orders placed at the upper and lower bounds of the range, so if the stock price decreases before it increases, your limit order at the lower bound will be triggered and you'll trade at a loss. If you're hoping to make a profit through buying low and selling high, you want a stock that hits its upper bound before hitting the lower bound the majority of the time. Unless you have data analysis (not just your intuition or a pattern you've talked yourself into from looking at a chart) to back this up, you're essentially gambling that more often than not, the stock price will increase before it decreases. It's dangerous to use any strategy that you haven't backtested extensively. Find several months or years of historical data, either intra-day or daily data, depending on the time frame you're using to trade, and simulate your strategy exactly. This helps you determine the potential profitability of your strategy, and it also forces you to decide on a plan for precisely when you want to invest. Do you invest as soon as the stock trades in a range (which algorithms can determine far better than intuition)? It also helps you figure out how to manage your risk and how much loss you're willing to accept. For risk management, using limit orders is a start, but see my point above about positively skewed prices. Limit orders aren't enough. In general, if an active investment strategy seems like a \"\"no-brainer\"\" or too good to be true, it's probably not viable. In general, as a retail investor, it's foolish to assume that no one else has thought of your simple active strategy to make easy money. I can promise you that someone has thought of it. Trading firms have quantitative researchers that are paid to think of and implement trading strategies all the time.  If it's viable at any scale, they'll probably already have utilized it and arbitraged away the potential for small traders to make significant gains. Trust me, you're not the first person who thought of using limit orders to make \"\"easy money\"\" off volatile stocks. The fact that you're asking here and doing research before implementing this strategy, however, means that you're on the right track. It's always wise to research a strategy extensively before deploying it in the wild. To answer the question in your title, since it could be interpreted a little differently than the body of the question: No, there's nothing wrong with investing in volatile stocks, indexes, etc. I certainly do, and I'm sure many others on this site do as well. It's not the investing that gets you into trouble and costs you a lot of money; it's the rapid buying and selling and attempting to time the market that proves costly, which is what you're doing when you implicitly bet that the distribution of the stock's prices is positively skewed. To address the commission fee problem, assuming a fee of $8 per trade ... and a minimum of $100 profit per sale Commissions aren't your only problem, and counting on $100 profit per sale is a significant assumption. Look at point #4 above. Through your use of limit orders, you're making the implicit assumption that, more often than not, the price will trigger your upper limit order before your lower limit order. Here's a simple example; let's assume you have limit orders placed at +2 and -2 of your purchase price, and that triggering the limit order at +2 earns you $100 profit, while triggering the limit order at -2 incurs a loss of $100. Assume your commission is $5 on each trade.  If your upper limit order is triggered, you earn a profit of 100 - 10 = 90, then set up the same set of limit orders again. If your lower limit order is triggered this time, you incur a loss of 100 + 10 = 110, so your net gain is 90 - 110 = -20. This is a perfect example of why, when taking into account transaction costs, even strategies that at first glance seem profitable mathematically can actually fail.  If you set up the same situation again and incur a loss again (100 + 10 = 110), you're now down -20 - 110 = -130. To make a profit, you need to make two profitable trades, without incurring further losses.  This is why point #4 is so important. Whenever you trade, it's critical to completely understand the risk you're taking and the bet you're actually making, not just the bet you think you're making. Also, according to my \"\"algorithm\"\" a sale only takes place once the stock rises by 1 or 2 points; otherwise the stock is held until it does. Does this mean you've removed the lower limit order? If yes, then you expose yourself to downside risk. What if the stock has traded within a range, then suddenly starts declining because of bad earnings reports or systemic risks (to name a few)? If you haven't removed the lower limit order, then point #4 still stands.  However, I never specified that the trades have to be done within the same day.  Let the investor open up 5 brokerage accounts at 5 different firms (for safeguarding against being labeled a \"\"Pattern Day Trader\"\"). Each account may only hold 1 security at any time, for the span of 1 business week. How do you control how long the security is held? You're using limit orders, which will be triggered when the stock price hits a certain level, regardless of when that happens. Maybe that will happen within a week, or maybe it will happen within the same day. Once again, the bet you're actually making is different from the bet you think you're making. Can you provide some algorithms or methods that do work for generating some extra cash on the side, aside from purchasing S&P 500 type index funds and waiting? When I purchase index funds, it's not to generate extra liquid cash on the side. I don't invest nearly enough to be able to purchase an index fund and earn substantial dividends. I don't want to get into any specific strategies because I'm not in the business of making investment recommendations, and I don't want to start. Furthermore, I don't think explicit investment recommendations are welcome here (unless it's describing why something is a bad idea), and I agree with that policy. I will make a couple of points, however. Understand your goals. Are you investing for retirement or a shorter horizon, e.g. some side income? You seem to know this already, but I include it for future readers.  If a strategy seems too good to be true, it probably is. Educate yourself before designing a strategy. Research fundamental analysis, different types of orders (e.g., so you fully understand that you don't have control over when limit orders are executed), different sectors of the market if that's where your interests lie, etc. Personally, I find some sectors fascinating, so researching them thoroughly allows me to make informed investment decisions as well as learn about something that interests me. Understand your limits. How much money are you willing to risk and possibly lose? Do you have a risk management strategy in place to prevent unexpected losses? What are the costs of the risk management itself? Backtest, backtest, backtest. Ideally your backtesting and simulating should be identical to actual market conditions and incorporate all transaction costs and a wide range of historical data. Get other opinions. Evaluate those opinions with the same critical eye as I and others have evaluated your proposed strategy.\""}
{"_id": "146637", "title": "", "text": "\"Yes, a diversified portfolio can generate greater returns than the S&P 500 by going OUTSIDE it. For instance, small stocks (on average) generate higher returns than the \"\"large caps\"\" found in the S&P 500. So if you own a diversified portfolio of stocks, some of which are smaller (in market cap) than the typical S&P 500 stock, you have a chance to outperform. You might also outperform by owning other asset classes than stocks such as gold, real estate, and timber (among others) at appropriate times. (You may also be able to get the relevant exposure by owning gold and timber stocks and REITS.) This was a lesson that David Swensen of the Yale endowment taught us.\""}
{"_id": "146639", "title": "", "text": "Normally, in a war everybody suffers and the entire economy goes down. Military contractors do better than average, but the average sucks. The way to take advantage of knowing a war is coming is to leave as soon as possible. There are strategic materials that can become valuable in a war, but such investments are generally very specialized and not something an ordinary investor would be in a position to exploit.  The most profitable businesses in war are food, oil, and ammunition."}
{"_id": "146641", "title": "", "text": "\"I'm not at all convinced. Sensing \"\"putting something on the shelf\"\" isn't much harder than sensing \"\"taking something off the shelf\"\". And the market they've shown doesn't have a conventional produce section - I imagine, if they sold produce, they'd sell produce in appropriately-sized plastic boxes.\""}
{"_id": "146642", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-08/yellen-bet-on-pulling-workers-back-to-labor-force-is-paying-off) reduced by 88%. (I'm a bot) ***** &gt; Even as U.S. unemployment crept lower in recent years, Federal Reserve Chair Janet Yellen stuck with a glacial pace of policy tightening that she justified with a powerful message: there were still millions of potential workers to pull in from the labor market&amp;#039;s sidelines.  &gt; If workers hadn&amp;#039;t come back, the strategy could have spurred an overly-tight labor market that sent wages and inflation up too quickly.  &gt; The surge of job holders coming from outside the labor force &amp;quot;Speaks to the reduction in slack in the labor force,&amp;quot; said Tom Simons, a senior economist at Jefferies LLC in New York.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6m5f49/yellen_bet_on_pulling_workers_back_to_labor_force/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~162709 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **labor**^#1 **works**^#2 **rate**^#3 **market**^#4 **force**^#5\""}
{"_id": "146643", "title": "", "text": "For questions 1 and 2.  1) If you are packing the loans into a CDO, they are being sold on the open market. Once it achieves a AAA rating, as most did even though they were mostly subprime, alt a, or arm, it is sold and shipped off the originator's books (While the originator of the CDO collects X% in fees)  Basically how the originator makes their money is by X amount of CDOs they sell. There was no incentive to pick and choose the best borrowers to sell a loan to because how the CDOs were sold they achieved the best rating regardless of the borrowers credit risk.  Due to this model, people are going to try and get as many people into the homes and sell the CDO asap. This caused questionable lending practices to result, NINJA (no income, no job, no assets) loans, manipulating borrowers income, assets, etc.   Things that could be changed to help not have this occur again:  a) Feds monetary policy was pretty meh during this period, due to low interest rates the banks had pretty much an endless supply of money and when all the reasonable ventures dried up they had to explore other opportunities to lend.  b) Ratings agencies need an overhaul in how they receive their commission, preferably they should be being paid by the investor not the person issuing the security. This will help to eliminate the bias that results.  c) Having X% (2-5) remain on the institutions books who created the CDO will help to make them responsibly lend. This is because if they are required to have it remain on their books, they will make better longer term decisions in who to lend to.  I'm pretty sure all of these issues are discussed in Nouriel Roubini's book [Crisis Economics](http://www.amazon.com/Crisis-Economics-Course-Future-Finance/dp/1594202508)  Another Great book already mentioned in this thread is by Michael Lewis [The Big Short](http://www.amazon.com/Big-Short-Inside-Doomsday-Machine/dp/0393338827/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1324140607&amp;sr=1-1)  If your interested in the European Crisis Michael Lewis also just came out with [Boomerang](http://www.amazon.com/Boomerang-Travels-New-Third-World/dp/0393081818/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1324140665&amp;sr=1-1)"}
{"_id": "146650", "title": "", "text": "So much fail and misinformation in this thread. China has REDUCED it's Treasury holdings in 2012. http://www.nytimes.com/2012/09/22/business/economy/as-the-us-borrows-who-lends.html?_r=0 Also, FTFA, The FEDERAL RESERVE is the largest holder of US Govt Debt, at 1.65 Trillion. Japan is the largest FOREIGN purchaser of US Govt Debt. This is because China has actively been selling US Debt. Why you may ask? Because the United States manipulates the interest rates on it's debt. Google 'Operation Twist'"}
{"_id": "146651", "title": "", "text": "&gt;HFT allows those with access to leverage sub-second propagation delays in pricing, which screws those without   Yes it does, just as the first web based trading systems provided investors an advantage over those using the phones to place orders, all the way back to when the wheel provided advantage over those running barefoot in battles. It is the cost of progress.  What is different for the first time in history is that humans are no longer being replaced by other, more efficient humans. They are being replaced by computers, to the point of eventually becoming obsolete. It enables a few to amass enormous leverage but that is a social problem, not an economic one."}
{"_id": "146653", "title": "", "text": "This serves as very crucial for the new business manager who is not adept in prospecting the outcomes and for whom, the passages are new! A minor mistake on his part could plunge the whole new venture into the backlash mode which could be potentially dangerous!For More Info:- http://www.startupmentor.co.in/"}
{"_id": "146657", "title": "", "text": "Yes, you should be able to deduct at least some of these expenses.  For expense incurred before you started the business: What Are Deductible Startup Costs? The IRS defines \u201cstartup costs\u201d as deductible capital expenses that are used to pay for: 1) The cost of \u201cinvestigating the creation or acquisition of an active trade or business.\u201d This includes costs incurred for surveying markets, product analysis, labor supply, visiting potential business locations and similar expenditures. 2) The cost of getting a business ready to operate (before you open your doors or start generating income). These include employee training and wages, consultant fees, advertising, and travel costs associated with finding suppliers, distributors, and customers. These expenses can only be claimed if your research and preparation ends with the formation of a successful business. The IRS has more information on how to claim the expenses if you don\u2019t go into business. https://www.sba.gov/blogs/startup-cost-tax-deductions-how-write-expense-starting-your-business Once your business is underway, you can deduct expenses, but the exact details depend on how you organized.  If you're a sole proprietor for tax purposes, then you'll deduct them on Schedule C of your Form 1040 on your personal tax.  If you are a partnership, C-Corp, or S-Corp, they will be accounted at the business level and either passed on to you on a Schedule K (partnership and S-Corp) or deducted directly by the company (C-Corp). In any case, you will need good records that justify your expenses as business related. It might be well worth at least an initial meeting with a CPA to make sure that you get started on the right foot."}
{"_id": "146667", "title": "", "text": "That's what happens when you artificially juice equity markets and pretend it's good for everyone. And create credit bubbles that reward owners and gut renters.   How is it even a surprise that the fortunes of rich and poor would sharply diverge?"}
{"_id": "146679", "title": "", "text": "It sounds like you are soliciting opinions a little here, so I'll go ahead and give you mine, recognizing that there's a degree of arbitrariness here.  A basic portfolio consists of a few mutual funds that try to span the space of investments.  My choices given your pot: I like VLTCX because regular bond index funds have way too much weight in government securities.  Government bonds earn way too little.  The CAPM would suggest a lot more weight in bonds and international equity.  I won't put too much in bonds because...I just don't feel like it.  My international allocation is artificially low because it's always a little more costly and I'm not sure how good the diversification gains are. If you are relatively risk averse, you can hold some of your money in a high-interest online bank and only put a portion in these investments. $100K isn't all that much money but the above portfolio is, I think, sufficient for most people.  If I had a lot more I'd buy some REIT exposure, developing market equity, and maybe small cap.  If I had a ton more (several million) I'd switch to holding individual equities instead of funds and maybe start looking at alternative investments, real estate, startups, etc."}
{"_id": "146735", "title": "", "text": "Your question boils down to saving for a house or saving for retirement. Why not do both? If you invest in a Roth 401k or Roth IRA you can withdraw any contributions that are at least 5 years old without penalty (assuming you're willing to put off purchasing a little longer than your original 2-3 years). If you qualify as a first time home buyer (i.e. you haven't owned a home in at least 2 years) you can withdraw investment earnings as well if your distribution is earmarked towards the down payment and is no more than $10000. Although you won't be penalized for using investment earnings for a down payment you will still have to pay taxes on them. So this may be more appealing to someone that has enough contributions to avoid dipping into the investment earnings. The only other downside is that contributions to a Roth investment are not tax deductible like Traditional IRA and 401k contributions are. Instead, they grow tax free and distributions are tax free when you reach retirement age."}
{"_id": "146750", "title": "", "text": "\"If Best Buy gets wiped out, that would suck.  Sometimes I like the options of:  * Being able to take-home today * Being able to look at products in the store  I've made 2 recent electronics purchases.  1.  I bought a notebook computer from Amazon.  I have been shopping for a few months, looking at Amazon, and looking at computers in the stores.  I was looking for a few specific things (where the power cord plugs in, if the Function keys were primary or secondary, etc.)  that the Amazon ad didn't specify, so I went to various stores to see how they worked out.  But, Amazon had the best price by about $40 (I have Prime), so I had to order through Amazon.  I feel a tiny bit bad about that, because I theoretically \"\"used\"\" the merchandising of other stores to buy at Amazon. 2.  I bought a sound bar for my TV at Best Buy.  One day I decided I wanted to get a sound bar.  It was something I had been thinking about for a long time, but bought on an impulse that day.  It was nice to go into Best Buy and get to look at a whole bunch of options, and then just buy one and take it home.  I never even checked to see if Amazon had the same item available.  I like to think that if Best Buy *did* go out of business, that some other business idea would come along that would make it easy for me to see products in person and have the option for \"\"buy today\"\".\""}
{"_id": "146761", "title": "", "text": "A bank needs to make sure they won't lose money by cashing a check. When you have an account with a bank and you cash a check, if the check ends up not getting paid, the bank will take the money back out of your account. This could happen for a number of reasons: the check could bounce (not enough money in the check writer's account), it could be a fraudulent (fake) check, or the payment could have been stopped on that check.  Treasury checks are more problematic for banks than private checks; the government has given themselves more power to refuse to pay a check than the average person has. As a result, banks are already overly cautious about cashing treasury checks. The fact that you have a big check increases the risk for the bank.  You'll have to ask around at different banks to see what they will do for you and what type of fee (if any) they will charge. Some banks might cash it for a fee; others might require that you open a savings account and wait a certain number of days after depositing the check before withdrawing your money."}
{"_id": "146780", "title": "", "text": "This amazing site will answer all your data questions. You will need some patience and willingness to spend to get the data that you want. A lot of data is available for free too` https://www.quandl.com/"}
{"_id": "146834", "title": "", "text": "I'm on the border of Gen X &amp; Millennial, and it seems to me that the overall market is what's impacting a lot of these companies rather than a particular generation of people. I don't buy napkins because I have paper towels. I'd rather spend money on Netflix than Cable TV.  I mean I'm sure age has something to do with it as culture changes over time. But just as in important, with a quick google search I can find the DiY guide to redoing my floors or anything else for that matter. It's easier to save money with more information and the internet has provided a bunch. Now the trick is just getting accurate information. ugh."}
{"_id": "146855", "title": "", "text": "I agree with the other answers, but I want to give a slightly different perspective. I believe that a lot of people are smart enough to beat the market, but that it takes a lot more dedication, patience, and self-control than they think. Before Warren Buffett buys a stock, he has read the quarterly reports for years, has personally met with management, has visited facilities, etc. If you aren't willing to do that kind of analysis for every stock you buy, then I think that you are doing little more than gambling. If you are just using the information that everyone else has, then you'll get the returns that everyone else gets (if you're lucky)."}
{"_id": "146878", "title": "", "text": "[Monetary Policy Inflexibility](https://en.wikipedia.org/wiki/Economic_and_Monetary_Union_of_the_European_Union#Monetary_policy_inflexibility) &gt;Since membership of the eurozone establishes a single monetary policy for the respective states...  without the possibility to print money as an easy way out.  Italy's options are privatization, austerity, and shifting the burden on to the taxpayer."}
{"_id": "146909", "title": "", "text": "I would expect so--the block from spending funds probably does not put a block in place for receiving funds.  But ask your bank.   Expect a 50% chance that they give you the wrong answer.  (Some banks are better than others, but on average this is how often I have found bank employees to be incorrect about anything nonstandard). It may help to ask the bank how often it happens and who actually sorts out problems with blocked cards--and then talk to that person.  Then you should only expect a 25% chance that they are wrong."}
{"_id": "146924", "title": "", "text": "Not to my knowledge. Often the specific location is diversified out of the fund because each major building company or real estate company attempts to diversify  risk by spreading it over multiple geographical locations. Also, buyers of these smaller portfolios will again diversify by creating a larger fund to sell to the general public. That being said, you can sometimes drill down to the specific assets held by a real estate fund. That takes a lot of work: You can also look for the issuer of the bond that the construction or real estate company issued to find out if it is region specific. Hope that helps."}
{"_id": "146926", "title": "", "text": "\"You have actually asked several questions, so I think what I'll do is give you an intuition about risk-neutral pricing to get you started.  Then I think the answer to many of your questions will become clear. Physical Probability There is some probability of every event out there actually occurring, including the price of a stock going up.  That's what we call the physical probability.  It's very intuitive, but not directly useful for finding the price of something because price is not the weighted average of future outcomes.   For example, if you have a stock that is highly correlated with the market and has 50% chance of being worth $20 dollars tomorrow and a 50% chance of being worth $10, it's value today is not $15.  It will be worth less, because it's a risky stock and must earn a premium.  When you are dealing with physical probabilities, if you want to compute value you have to take the probability-weighted average of all the prices it could have tomorrow and then add in some kind of compensation for risk, which may be hard to compute. Risk-Neutral Probability Finance theory has shown that instead of computing values this way, we can embed risk-compensation into our probabilities.  That is, we can create a new set up \"\"probabilities\"\" by adjusting the probability of good market outcomes downward and increasing the probability of bad market outcomes.  This may sound crazy because these probabilities are no longer physical, but it has the desirable property that we then use this set of probabilities to price of every asset out there: all of them (equity, options, bonds, savings accounts, etc.).  We call these adjusted probabilities that risk-neutral probabilities.  When I say price I mean that you can multiply every outcome by its risk-neutral probability and discount at the risk-free rate to find its correct price.    To be clear, we have changed the probability of the market going up and down, not our probability of a particular stock moving independent of the market.  Because moves that are independent of the market do not affect prices, we don't have to adjust the probabilities of them happening in order to get risk-neutral probabilities. Anyway, the best way to think of risk-neutral probabilities is as a set of bogus probabilities that consistently give the correct price of every asset in the economy without having to add a risk premium. If we just take the risk-neutral probability-weighted average of all outcomes and discount at the risk-free rate, we get the price.  Very handy if you have them. Risk-Neutral Pricing We can't get risk-neutral probabilities from research about how likely a stock is to actually go up or down.  That would be the physical probability.  Instead, we can figure out the risk-neutral probabilities from prices. If a stock has only two possible prices tomorrow, U and D, and the risk-neutral probability of U is q, then Price = [ Uq + D(1-q) ] / e^(rt) The exponential there is just discounting by the risk-free rate.  This is the beginning of the equations you have mentioned.  The main thing to remember is that q is not the physical probability, it's the risk-neutral one.  I can't emphasize that enough.  If you have prespecified what U and D can be, then there is only one unknown in that equation: q. That means you can look at the stock price and solve for the risk neutral probability of the stock going up.   The reason this is useful is that you can same risk-neutral probability to price the associated option.  In the case of the option you don't know its price today (yet) but you do know how much money it will be worth if the stock moves up or down.  Use those values and the risk-neutral probability you computed from the stock to compute the option's price.  That's what's going on here.  To remember: the same risk-neutral probability measure prices everything out there.  That is, if you choose an asset, multiply each possibly outcome by its risk-neutral probability, and discount at the risk-free rate, you get its price.  In general we use prices of things we know to infer things about the risk-neutral probability measure in order to get prices we do not know.\""}
{"_id": "146941", "title": "", "text": "The CFA Curriculum is very comprehensive while Schweser focuses on the main major areas.  It's essentially reading thousand of detailed pages vs hundreds of condensed pages.  If you have 6-9+ months to study and you're trying to save money, go with the CFA materials. If you have less time, I would recommend going for Schweser. Many people I know go with Schweser anyways due to the sheer efficiency.  Edit: I forgot that you mentioned you didn't take a finance related degree. My opinion is to study Schweser and if you get stuck on a topic, read it from the CFA materials. The only drawback is Schweser costs money (but it does save you time)."}
{"_id": "146947", "title": "", "text": "Stick with stocks, if you are not well versed in forex you will get fleeced or in over your head quickly.  The leverage can be too much for the uninitiated.  That said, do what you want, you can make money in forex, it's just more common for people to not do so well.  In a related story, My friend (let's call him Mike Tyson) can knock people out pretty easy.  In fact it's so easy he says all you have to do is punch people in the face and they'll give you millions of dollars.  Since we are such good friends and he cares so much about my financial well-being, he's gotten me a boxing match with Evander Holyfield, (who I've been reading about for years).  I guess all I have to do is throw the right punches and then I'll have millions to invest in the stock market.  Seems pretty easy, right ?"}
{"_id": "146969", "title": "", "text": "I think the right question you should ask yourself is: Can i work at home? is it possible? do I have a calm, private place at home to work from? what will be the motivation while working from? If you got answers to these questions, you will find if you can get money from home or not, because any place you can do work from will give you money, just work!"}
{"_id": "146975", "title": "", "text": "Alright, but why does it take so damn many of them. Unless we really just have that many skeletons in the closet that it takes 6 to keep them contained! I wonder if there is a magic formular for how many HR staff per employees you need."}
{"_id": "146977", "title": "", "text": "A hedge fund is such a broad term as to not mean anything in practice. What do you find interesting in finance? Research that, understand that. Then go find the guys who are doing that and ask for a job and take it regardless of how much money it offers. The money is the yardstick, not the goal"}
{"_id": "146995", "title": "", "text": "\"BlackJack's answer is technically correct: government credit ratings are independent of corporate credit ratings.  The rating should reflect the borrower's ability to repay its obligations. One reason the book you read may have stated that corporate credit ratings cannot be better than the government's credit rating is that the government, unlike the corporation, can steal (or in government parlance \"\"tax\"\") from anywhere or anyone.  So if a government finds itself in financial difficulty it could simply take the cash from corporations or people with high credit ratings by a variety of methods: implement windfall profit taxes, take over industries, take peoples gold, tax pension savings, or simply take peoples pensions or retirement savings.  This increases the risk of doing business in a country with an over-extended government. Over extended governments do not die gracefully.  They only die when there is nothing left to steal.\""}
{"_id": "146996", "title": "", "text": "This is only one study via a UC Davis agricultural labor economist, but they conclude in their study that a raise to $15/hr for produce pickers would boil down to an additional cost to American shoppers of $20/year.  http://theplate.nationalgeographic.com/2016/03/31/can-we-afford-to-pay-u-s-farmworkers-more/  Whole Foods (obv that Whole Foods operates at margins and a market segment that is not the norm compared to bigger grocery chains like Safeway and Krogers) but they report that the increase in labor costs of affects them nominally and the prices do not go up in the stores.  It will be interesting to see what happens because if the trend continues given the policies/rhetoric of Trump we won't need projections and models to see what happens we can see with our own eyes as farmers raise the price they're willing to pay for labor and see where that number ends up being before they can't go any higher and see how much food goes ungathered."}
{"_id": "147002", "title": "", "text": "For each class A share (GOOGL) there's a class C share (GOOG), hence the missing half in your calculation. The almost comes from the slightly higher market price of the class A shares (due to them having voting powers) over class C (which have no voting powers). There's also class B share which is owned by the founders (Larry, Sergei, Eric and perhaps some to Stanford University and others) and differs from class A by the voting power. These are not publicly traded."}
{"_id": "147007", "title": "", "text": "&gt;During it's PEAK employment years, GM largely owned and manufactured the vast majority of it's own components.  Not one of the components I listed did GM manufacture in the 1970s.  Sure, if you were to look today, that list would be even greater including things like entire door assemblies, entire instrument clusters, even entire engines, but even in 1970 a huge amount of components were purchased rather than made.  &gt; eventually the dollar will either become so watered down  I'm not sure that this won't happen.  If it does it'll create a much different society as we suddenly can't afford all the crap that we've become accustomed to.  I think it's equally likely that the equities market and the huge profits created in the financial industry and tech industries, along with the dollar being the world's only reserve currency will prop up the dollar and give rise to the bipolar society of which I describe."}
{"_id": "147010", "title": "", "text": "I did not vote for Trump but I can admit that he is getting the worse coverage. I have watched some of his press conferences and I have been astonished at how the media portrays and takes snippets to create an entirely different story. Yes, it is communication 101 but it is disturbing."}
{"_id": "147025", "title": "", "text": "Cash flow is needed for expansion, either to increase manufacturing capacity or to expand the workforce. Other times companies use it to purchase other companies. Microsoft and Google have both used their cash or stocks to purchase companies. Examples by Google include YouTube, Keyhole (Google Earth), and now part of Motorola to expand into Phones. If you are investing for the future, you don't want a lot of dividends. They do bring tax issues. That is not a big problem if you are investing in an IRA or 401K. It is an issue if the non-tax-defered mutual fund distributes those dividends via the 1099, forcing you to address it on your taxes each year. Some investors do like dividends, but they are looking for their investments to generate cash. Who would require it? Would it be an SEC requirement? Even more government paperwork for companies."}
{"_id": "147054", "title": "", "text": "\"Well i am rocking 7\"\" on a warm day if i cheat the measurements just right sooooo blam!! And honestly Wait till snap drops back below/around 13 and buy what you can afford from there worst case you get extra beer money down the road. Also, i bet my balls are bigger FACED!\""}
{"_id": "147074", "title": "", "text": "No danger. You can get in a car accident, break your leg skateboarding, or otherwise wind up in the hospital like anyone else.  You can also get the money back, with a tax penalty, but you probably will never need to if you are responsible and live within your means. Do you need a wake up call about what things can cost?  I knew a college student who broke his leg skateboarding and didn't buy the ~$100/semester health insurance.   He had to have a rod put in his leg and it was ~$30,000.  Obviously he didn't have the money and the hospital agreed to put him on some kind of payment plan.  I suppose bankruptcy was an alternative.... but either way, not a great way to start out in life.   Any time you can defer payment of tax for decades or buy something with pre-income tax money, it is like instantly earning 20% (or more) on your money.  I believe you can pay for eyeglasses and dental out of an HSA as well.  So I wouldn't go overboard on an HSA or IRA if you have big credit card debts, if you do have room for savings it is dumb not to be putting money in the HSA and IRA/401k. Take a look at HSA bank for a low fee home for your money. They pay interest on over $3,000 (but like most banks, not much).  The fees for being under $3k are currently around $2 a month.  Don't worry about investing the HSA money until you have like $10,000 in there, which will be a while."}
{"_id": "147079", "title": "", "text": "Vaccines do not confer a 100% immunity to anything. They simply bolster your immune system, and different ones are effective to different extents. If your immune system has been recently compromised, there are some things that you can catch despite being vaccinated.  Herd immunity is a valid concept. If a large enough portion of the population is vaccinated, there won't be enough infections active at any given time to pose a real risk of catching people who might be unlucky enough to have otherwise contracted it."}
{"_id": "147080", "title": "", "text": "The amount of the income taxes you will owe depends upon how much income you have, after valid business expenses, also it will depend upon your filing status as well as the ownership form of your business and what state you live in.  That said, you will need to be sure to make the Federal 1040ES quarterly prepayments of your tax on time or there will be penalties. You also must remember that you will be needing to file a schedule SE with your 1040.  That is for the social security taxes you owe, which is in addition to your income taxes. With an employer/employee situation, the FICA withhoding you have seen on your paycheck are matched by the same payment by your employer.  Now that you are self-employed you are responcible for your share and the employer share as well; in this situation it is known as self-employment tax.  the amount of it will be the same as your share of FICA and half of the employer's share of FICA taxes.  If you are married and your wife also is working self-employed, then she will have to files herown schedule SE along with yours.  meaning that you will pay based on your business income and she will pay baed on hers. your 1040Es quarterly prepayment must cover your income tax and your combined (yours and hers) Self Employment taxes.  Many people will debate on the final results of the results of schedule SE vrs an employee's and an employer's payments combined.  If one were to provides a ball park percentage that would likely apply to you final total addition to your tax libility as a result of needing schedule SE would tend to fluctuate depending upon your total tax situation; many would debate it.  It has been this way since, I first studied and use this schedule decades ago.  For this reason it is best for you to review these PDF documents, Form 1040 Schedule SE Instructions and Form 1040 Schedule SE. As for your state income taxes, it will depend on the laws of the state you are based in."}
{"_id": "147085", "title": "", "text": "I especially hate this whole distribute tips and pay the hard workers pretty much nada. Explains so many things about our most recent visits to Olive Garden. No wonder the waiter couldn't hold on to our request for a refill, which we'd never even had to request before, long enough to bring it back to our table until the second request. He was probably worrying how he's going to eat that day, poor thing. Also explains the table nearby sitting waiting to be bussed while people line up outside waiting to eat. I wouldn't hurry either for $2 an hour and a crap share in the tips. I guess we'll just have to buckle down and try harder not to eat out for a while. Except at the two family-run local places that don't hire any outside workers. At least I can hope the family isn't screwing any of their members."}
{"_id": "147092", "title": "", "text": "All the comments seem to accept the slap on the wrist and move along. The law obviously exists for a reason. If we are allowing it, then why the law? What makes them exempt?   First few times, get fined. Anything after,  LARGE fines (6+ figures). If you do it again, obviously you don't know how to follow the rules. Lose your license.    Honestly, why condone this and other behavior?"}
{"_id": "147093", "title": "", "text": "\"I hope this image is clear. A spreadsheet is how I look at these things. Unfortunately, you didn't offer the starting balance so I use $100K which makes it easy to scale. You build a simple spreadsheet and enter the \"\"what if\"\" scenario, this tells me that worse case, an increase of 1% on the rate each year results in a near 60% increase in payments over the 10 years.  Of course, this isn't the end of the story, I'd first change the payments to reflect the 5% rate, and see how much that drives the balance down. This would reduce the principal enough that the increase would be much less. On $100K, you'd pay $536.82 based on a 5% rate, regardless of the required payment. At 7.75% the payment is $563.11, not even 5% higher.  If you'd like a spreadsheet started for you, I'll put it someplace for you to grab it.\""}
{"_id": "147099", "title": "", "text": "I'm a landlord who tried to do section 8 once and vowed never again.  The inspection and paperwork turned me off...no way I'm gonna do all that when I can just get a market tenant to accept my property as is.  They wanted me to put electrical plugs in all the sockets before the inspection...ridiculous!"}
{"_id": "147121", "title": "", "text": "I don't disagree that he was using EPO. But that statistic really doesn't indicate he was doping more than anybody else. They only tested people who won stages or were winning points jerseys. Lance won 4 stages and was wearing yellow for 15 stages. So they just had more of his samples."}
{"_id": "147142", "title": "", "text": "Congratulations on the new arrival! Technically, a gift by check to the baby should be deposited into a newly established custodial account in the baby's name. To open one, you will need to have a SSN for the baby, so don't wait till tax time to request one (you will need the SSN if you wish to claim the baby as a dependent on your 2017 income tax returns). On the other hand, people are often cavalier about this and at least one bank (JoeTaxpayer's!) seems not to care about the legal niceties; I expect my bank wouldn't have either, in the good old days. Note that @JoeTaxpayer and I are of similar age, and perhaps he too is recounting experiences from some time ago."}
{"_id": "147163", "title": "", "text": "Personal finances are not intuitive for everyone, and it can be a challenge to know what to do when you haven't been taught.  Congratulations on recognizing that you need to make a change. The first step that I would recommend is what you've already done: Assemble your bank statements so you can get an accurate picture of what money you currently have.  Keep organized folders so you can find your bank statements when you need them. In addition to the bank statements for your checking and savings accounts, you also need to assess any debt that you have.  Have you taken out any loans that need to be paid back?  Do you have any credit card debt?  Make a list of all your debts, and make sure that you have folders for these statements as well. Hopefully, you don't have any debts.  But if you are like most people, you owe money to someone, and you may even owe more money than you currently have in your bank accounts.  If you have debts, fixing this problem will be one of your goals. No matter what your debt is, you need to make sure that from now on, you don't spend more money than you take in as income.  To do this, you need to make a budget. A budget is a plan for spending your money.  To get started with a budget, make a list of all the income you will receive this month.  Add it up, and write that amount at the top of a page.  Next, you want to make a list of all the expenses you will have this month.  Some of these expenses are more or less fixed: rent, utility bills, etc.  Write those down first.  Some of the expenses you have more control over, such as food and entertainment.  Give yourself some money to spend on each of these.  You may also have some larger expenses that will happen in the future, such as a tuition or insurance payment.  Allocate some money to those, so that by the time that payment comes around, you will have saved enough to pay for those expenses. If you find that you don't have enough income to cover all of your expenses in a month, you need to either reduce your expenses somewhere or increase your income until your budget is at a point where you have money left over at the end of each month. After you've gotten to this point, the next step is figuring out what to do with that extra money left over.  This is where your goals come into play.  If you have debt, I recommend that one of your first goals is to eliminate that debt as fast as possible.  If you have no money saved, you should make one of your goals saving some money as an emergency fund.  See the question Oversimplify it for me: the correct order of investing for some ideas on what order you should place your goals. Doing the budget and tracking all of your spending on paper is possible, but many people find that using the right software to help you do this is much easier.  I have written before on choosing budgeting software.  All of the budgeting software packages I mentioned in that post are from the U.S., but many of them can successfully be used in Europe.  YNAB, the program I use, even has an unofficial German users community that you might find useful. One of the things that budgeting software will help you with is the process of reconciling your bank statements.  This is where you go through the bank statement each month and compare it to your own record of spending transactions in your budget.  If there are any transactions that appear in the statement that you don't have recorded, you need to figure out why.  Either it is an expense that you forgot to record, or it is a charge that you did not make.  Record it if it is legitimate, or dispute the expense if it is fraudulent. For more information, look around at some of the questions tagged budget.  I also recommend the book The Total Money Makeover by Dave Ramsey, which will provide more help in making a budget and getting out of debt."}
{"_id": "147176", "title": "", "text": "If this is OPs outlook on starting something new, I'd say it's failed before it started. You'll never survive the toughness of selling people on new ideas if this is the mindset before the first pilot was tested. You have to lead people through it, you don't just create and walk away with success.   OP - not to be a prick - but you don't have it. You might later at some point or maybe this will motivate you to prove me wrong. But you quit before you even started. This particular idea is DOA"}
{"_id": "147177", "title": "", "text": "Yes you can transfer the balance in the old EPF to your new account. When joining the new company ask them to give you a form that will help you transfer your old EPF to new one.  Note its not the company's responsibility to get it transferred, generally they try and help out the employees."}
{"_id": "147182", "title": "", "text": "\"the education bubble is similar to the mortgage bubble...you have people with no stake in the game, making huge financial decisions  the customers aren't the ones paying, so it makes perfect sense for them to charge through the ass for an \"\"education\"\".   What needs to happen is that college loans should be suspended for subpar colleges...we as tax payers, shouldn't be on the hook for $100,000 for a worthless degree.(and it does add up to $25K/yr for most of these shitty schools)   Simply create grading tiers. Something like Harvard gets an A, something like Rutgers gets a B, something like a county community college gets a C, and University of Phoenix etc get an F.  Then simply withdraw public loans from any school graded an F. If someone wants to go to a shitty school, make them make the decision where it's their money that's at stake.  When you do that, you'll suddenly notice people skipping the degree mills and just going to small local schools that actually give a degree worth something\""}
{"_id": "147189", "title": "", "text": "Your current web-site is fairly quickly growing to be certainly one of my top feature. So, I just stumbled on creative weblog and I just need to state that this amazing is a nice blog post. Bless you pertaining to this kind of knowledge."}
{"_id": "147197", "title": "", "text": "Assuming that the NRE (NonResident External) account is in good standing, that is, you are still eligible to have an NRE account because your status as a NonResident of India has not changed in the interim, you can transfer money  back from your NRE account to your US accounts without any problems. But be aware that you bear the risk of getting back a much smaller amount than you invested in the NRE account because of devaluation of the Indian Rupee (INR).  NRE accounts are held in INR, and whatever amounts (in INR) that you choose to withdraw will be converted to US$ at the exchange rate then applicable. Depending on whether it is the Indian bank that is doing the conversion and sending money by wire to your US bank, or you are depositing a cheque in INR in your US bank, you may be charged miscellaneous service fees also. To answer a question that you have not asked as yet, there is no US tax on the transfer of the money. The interest paid on your deposits into the NRE account are not taxable income to you in India, but are taxable income to you in the US, and so I hope that you have been declaring this income each year on Schedule B of your income tax return, and also reporting that you have accounts held abroad, as required by US law.  See for example, this question and its answer and also this question and its answer."}
{"_id": "147220", "title": "", "text": "it is not a creative career. you don't make anything, you serve your purpose in the economy ofcourse, and it is interesting to be surrounded and in the middle of business like this...but at the end of the day, you sell a service that anyone else can do, and your clients, the businesses, are the actual smart ones. they are the ones that make something and make real decisions. in finance you just trade, or research, or sell your investment banking services...its pretty bs, you leach of what actual creative people are doing. unless you are at a buy side shop, and high up, but then you would be incredibly intelligent and lucky.   that all being said, i have no regrets choosing finance, it is still a great career, and any job gets boring after a bit. i wish i worked in a different area of finance yes, but every area you need to start as someones bitch for a few years, and I'm not sure if I can do that again. More math education always helps in finance"}
{"_id": "147243", "title": "", "text": "\"While a lot of the answers focus on cost to replace and how much money you should have for tangible goods. There are a few more issues to consider.  However before we get started, these issues are not related to ones net worth. They are related to other factors. Having money certainly helps, but someone worth only $10 may not need to insure their stuff under some circumstances. Insurance is a risk avoidance strategy.  As such, it should be used to avoid risks that would otherwise cause issues for you. The normal example is a house. If you lost your house due to fire, would you be able to \"\"make it\"\" while you paid the mortgage off, and got a new mortgage to pay for a new house? This is a relatively simple view, but a good one.  These days people tend to look at insurance as a savings account. I payed in X so I am entitled to Y. Heath insurance (a bit more on this later) is exacerbating the issue by selling it's self that way, but it simply isn't true. What your paying the premium for to avoid the risk of loss. Not so you can have a pool of money to draw from in time of need, but so that a time of need should never arise. Which brings us back to, should you get insurance?  Tangible Assets Let's assume you have no legal or contractual obligation to have insurance. If you put the money you were spending aside would you have enough money to secure a new asset should your current one just vanish? This is the normal argument. But it has a second side. Do you need the asset at all, or can you just accept the loss. Lets pick on a red neck for a second. While certainly not millionaires, or \"\"well off\"\" by conventional means, the guy with 6 cars on bricks in his lawn does not need to insure 6 cars. If one were to vanish, it may make a hardship but hey, he's got 5 more. So with tangible goods it's more of a question of can you afford to replace the item, do you need to replace the item, and how big a risk is it to you to loose the item? What would you rather loose, the item, or the cost of the insurance? Non-tangible Assets I am going to try to keep this as un-rant like as I can manage, but be aware that I am biased. There are two big examples of non-tangible assets that are commonly insured. Life Insurance, and Health insurance. There are others, but it's very hard to get people to pay money to insure something that they don't actually have. Ideas can be insured, for example, but in order to insure an idea you have to spell it out, at that point why not just file for the patent etc. etc. Keep in mind that a lot of people and companies will insure against losses due to IP theft or other such intangible things. Largely these follow the same rules as tangible assets. This section is meant to focus on those insurances that do not. Life Insurance Life insurance is a bit odd. Were all going to die, so it seems like a \"\"good bet\"\" but what your insuring against with life insurance is an early death. For term life insurance it's a gamble. Will you die before your term runs out. For full life insurance (with no term) it's a different gamble. Will you die before you have paid in what they agreed to pay out. In many cases it's also a gamble that you will miss a payment or two and cancel the policy before you die. If the risk of your death worth the insurance. Usually while young the answer is yes. Do you leave your Family short one earner? Will they make it without the insurance? But as you get older, as life insurance becomes more of a sure thing it also becomes less needed. Your kids move out, there not dependent on you any more. You have retirement accounts setup so your partner need not worry should something happen. What risk exactly are your trying to avoid at this point. You will die. You have planned for that eventuality, it's not a risk anymore, it's a fact.  Heath Insurance Is another beast all together. Historically you insured against some catastrophic event, that you couldn't really plan for. Say a heart attack. Surgery and treatment would run in the tens of thousands, so it would ruin you if you didn't have insurance to cover that. That was the risk that you were avoiding. A big, expensive event, causing financial ruin. However, over time it has shifted into something else. The general concept is still there, insure to avoid a risk. But the \"\"risk\"\" has been widened to include all manor of things that are not actually risks.  For example a flu. You would go to your doctor, pay your co-pay, and your insurance would pay the rest of the visit. Then you would go to the drug store and get the drugs, pay your co-pay and the insurance pays the rest. But what risk, in this instance are you insuring against? That you can't cover the cost of a doctors visit? That you can't cover the cost of the medication? In this example, a common one, historically the \"\"mother of the house\"\" would go you have a flu, have some chicken noodle soup and go to bed. That would be the end of it. Cost of care is a day's lost wages (or maybe a weeks) and a few cans of soup.  However today, because we choose to, the cost of care is much higher. We go to the doctor, pay our co-pays, the insurance has to pay it's part. The doctors office has to carry the cost of the staff it takes to see you, and the staff it takes to handle the claims with the insurance company. And now your flu, cost $1,500. But again that's not exactly true either. With heath insurance and \"\"normal\"\" medical care (like sprained ankles, and colds, etc.) the insurance only really covers the cost of having insurance. In that same flu example, if you went to the doctor as a \"\"self pay\"\" (no insurance) you would often time get a much lower, and reasonable rate. Frequently, under the cost of your standard co-pay. This seems like the doctors being \"\"bad\"\" but it's not. They don't have to file a claim, they don't have to keep track of it. They get immediate payment, not payment 6 months down the line that they need to share with other businesses. With \"\"critical\"\" or \"\"catastrophic\"\" care, heath insurance is still a good thing. If you have a big, unforeseen event, then heath insurance is great at helping you avoid that risk.  With chronic (long term) care, your back in the same boat as the flu. Often times you can get better, and cheaper, care as a self pay patent, then as a insured patent. That is not always the case however. So you have to measure your own circumstance, and decide if insurance is right for you. But remember insurance is about risk avoidance, and not about paying less. You will ALWAYS pay more for insurance. It's designed that way. Even if the cost is hidden in many ways. (Taxes, spread out over visits, or prescriptions, etc.)\""}
{"_id": "147245", "title": "", "text": "\"I don't have a lot of time to keep going back and forth. It seems like we differ on a bunch of things. But I do want to respect your final question when you ask me what I thought was wrong in that post.  You mention things like the government regulating things like water and air. Those are common goods. These cannot be in the hands of a corporation. Man did not put those things there. So, man cannot take ownership of these things. Bottled water, running water, oxygen tanks, etc, those things are man-made products or services for a market. I can go to a public body of water and swim in it because no one owns it. I can go to the shore in my favorite bathing suit and swim in the beautiful ocean water if I so please without needing to pay or trade with anyone for access to the ocean. But I cannot start pumping water out of the ocean and into a big tank for me to haul away. The government needs to step in and put an end to anyone that does that sort of thing. Same goes for anyone trying to tamper with the water or doing something that is harmful to people or the life living in the water. Government needs to stop all of that. Also, yes the \"\"municipality then cleans and purifies the water and pumps it to your house in public facilities and treats the resultant sewage\"\". But are you also claiming that it was the government that created the solution to clean and purify our water supplies? Because they sure didn't.  As for electricity, the way it is delivered and made available to our homes is a commodity. Electricity is natural, but just like how water when bottled becomes a consumer product, the generation and delivery of electricity to our homes is a product and service. If a company delivering electricity to customers in a city is using public infrastructure, then of course they have to share it. That makes sense as the electric company does not own the utility poles, streets, etc. The government should regulate that.  The government handling trade agreements is a job of the government. We need them to do that. I believe in an open, free, and consumer-driven market. I don't want a lot of regulation on this - such as tariffs that Trump has talked about - because history shows that could lead to the costs inflating with quality not following suit. His rants on jobs fleeing offshores followed by his talks of tariffs on foreign imports would be a terrible idea. I want the government to negotiate trade deals as long as it is in the best interest for this country. This is what grows an economy. Imagine if Apple couldn't import iPhones unless they paid a 30% tax since it was assembled in China. That would kill sales of iPhones because Apple would have to pass most - if not all - of that cost on to the consumer. Samsung phones (for argument's sake, let's say these aren't made in China. I don't think they are anyway, but just saying) would begin to take a larger share of the consumer market because prices would be lower since Samsung didn't have to pay a 30% tax.  As for the coffee pot from china starting a fire in my house. No one would by a coffee pot if there was a known fire-starting issue with those coffee pots. The government telling china that coffee pots need to be a certain specification is really irrelevant. The issue would resolve itself because no one would by the coffee pots. Once this became a known problem, stores would take it off the shelves and no longer sell it. We have cars that are recalled left and right. Car seats for infants and toddlers that are recalled every year. So on and so forth. I know the federal government has a recall process, but usually its the manufacturer that will announce the recall first. If there is a bad product out there, it will die out and no longer be made available for purchase. I don't see the the federal government slapping regulations on car manufacturers that mandate \"\"all tires must not fall off of the car while in motion\"\". No. Instead, the manufacturer, who is in the business of making money, which they need to sell cars to make money, would create a car where the tires are not likely to ever fall off while a car is in motion (or even when idle).  The last thing I want to touch on is the Obamacare mandate. If I don't want something, why am I being forced to pay for it? Why do you agree with this? I am already paying into social security and I wish I wasn't. I will make my own investments with my income to prepare for retirement. Why should I pay for health insurance if I don't want it. The government should not be making my life choices for me. I have one responsibility on this earth as it pertains to my behavior. That is to respect others inalienable rights such as the right to life, liberty, property, and the pursuit of happiness. As long as I do not harm someone in an immoral way (e.g. steal, kill, physical harm, property damage, disclose personally identifiable information, etc), I should be free to live my life without government interference. I am fine with paying into a system for true welfare cases. Some people fall into bad situations that they could not help. Some people are born into a terrible situation. Those people need help. But I don't want to pay for stupid ass things like Chuck Schumer's idiotic idea of Medicare for people over 55. He wants to lower the medicare age by 10 years. This is the insane progressive ideas that literally just worsen societies. [\"\"In 2016, Medicare benefit payments totaled $675 billion, up from $375 billion in 2006.](http://www.kff.org/medicare/issue-brief/the-facts-on-medicare-spending-and-financing/) A $300 billion increase in just 10 years and that schmuck wants to lower eligibility by 10 years. If this were ever signed into law, I am (plus other American workers) going to be forced to pay into this. That means less money for me to save and invest for retire or an emergency. Less for my daughter. Less for my mortgage. Less for me to continue my education. Less on whatever I choose to do with my money that I spend 40 hours/week in an office for. My time is spent doing something asked of me by a corporation. That corporation pays me for my time. It's a mutual agreement resulting in a trade of money for my services. I do it because I want to do things and provide for my family. I don't do it because someone decided to spend 4 years for a degree in graphic design and can't get a job. I also don't do it for people that have a cash only income (both illegal immigrants and legal citizens do this) and don't declare all of their income making them eligible for Obamacare. And, lastly, I do not do it for people that decide to live off of the system and are physically and mentally fit to work in some capacity. I should not be forced to pay a mandate just because I'm here breathing.  Obama - just like all progressives - normalized this \"\"breathing\"\" tax. It isn't right. Of course, Obamacare falls apart if there aren't enough healthy people to subsidize the sick people. That's why the mandate was obviously put in place. But just because the mandate is needed to make it work, doesn't make it right to force on people. My mortgage needs to get paid. If all my neighbors chipped in $75/month, I could make it work. Well, is it right to force my neighbors to pay my mortgage? Nope. I made the decision to buy my house. They did not. Not to mention, with socialized health care, services are rationed and that is just sickening. Big Gov: \"\"Oh, you're 80 years old and you need a knew knee? Well, you did live for 80 years, so we're going to deny that request.\"\" In a system where I pay for my own health care and insurance, I can get a new hip and a new knew if I needed it and it would all be done within a week or 2 most likely. You have 51 week-old Charlie Gard who Britain and the wonderful EU (sarcasm) ordered to die. He did so just last week even though his parents had the money to fly him here and have a doctor perform a potentially life-saving surgery. Yep. When the government owns healthcare, they own your health. That's my other big reason for hating Obamacare. It truly is a bad thing. We have world history that can easily show anyone what it looks like if we keep going down this path.  I am done for now. I am not trying to convince you of anything. That usually doesn't happen as people are set in their ways. If anything, this exchange of messages is for the person(s) out there that want to learn what is right and what is wrong. What liberty is and what it isn't. Taxing people as a way to redistribute wealth is wrong. Imposing mandates so people buy a product/service is just straight up wrong. Our income is a representation of our time spent fulfilling the responsibilities of an agreement that we voluntarily made with an employer. Our money is our time. Our time is our liberty. And if we aren't infringing on the rights of others during our time, then the government needs to stay out.  Catch you later.\""}
{"_id": "147251", "title": "", "text": "Can anyone suggest all type of investments in India which are recession proof? There are no such investments. Quite a few think bullions like Gold tend to go up during recession, which is true to an extent; however there are enough articles that show it is not necessarily true. There are no fool proof investments. The only fool proof way is to mitigate risks. Have a diversified portfolio that has Debt [Fixed Deposits, Bonds] and equity [Stocks], Bullion [Gold], etc. And stay invested for long as the effects tend to cancel out in the long run."}
{"_id": "147282", "title": "", "text": "Yes, it depends on the fund it's trying to mirror.  The ETF for the S&P that's best known (in my opinion) is SPY and you see the breakdown of its holdings.  Clearly, it's not an equal weighted index."}
{"_id": "147300", "title": "", "text": "I definitely get that it's bigger than him. I probably shouldn't try explaining things anymore...I feel kinda bad that I may have given someone the wrong idea. I based what I heard on the news, which I now see was a bad choice without the whole picture."}
{"_id": "147338", "title": "", "text": "\"You want to be an analyst? Do you mean.. Equity research analyst? Investment banking analyst? Financial analyst? Etc...  The CFA alone isn't going to help you. I don't know why people on this board are obsessed with it. It's something you do while you are in school or once you get a job and looking to move to VP/MD level, not while you're job searching. Relevant experience &gt; CFA, all day every day  There's always some guy who says \"\"*BECAUSE* of my CFA candidacy....\"\", well you're in the minority.\""}
{"_id": "147343", "title": "", "text": "Nope.  Credit Unions are for the customers.  Since the customers own them, the credit union does what is best for the members.  They aren't giving you money, they are loaning it to you for for interest.  Furthermore then judged you like any other bank would. High horse moment: I believe the only reason you have to open an account, is because the banking industry didn't want to compete and got legislation to limit the size and reach of a credit union.   The credit union wants your business, and they want to work for you, but they are required to have these membership requirements because their lobby isn't as powerful as regular banks."}
{"_id": "147358", "title": "", "text": "You tagged with S-Corp, so I assume that you have that tax status.  Under that situation, you don't get taxed on distributions regardless of what you call them.  You get taxed on the portion of the net income that is attributable to you through the Schedule K that the S-Corp should distribute to you when the S-Corp files its tax return.  You get taxed on that income whether or not it's distributed. If you also work for the small business, then you need to pay yourself a reasonable wage.  The amount that you distribute can be one factor in determining reasonableness.  That doesn't seem to be what you asked, but it is something to consider."}
{"_id": "147361", "title": "", "text": "\"Yes, long calls, and that's a good point. Let's see... if I bought one contract at the Bid price above...          $97.13 at expiry of $96.43 option = out of the money =- option price(x100)          = $113 loss.     $97.13 at expiry of $97.00 option = out of the money =- option price(x100)          = $77 loss.     $97.13 at expiry of $97.14 option = in the money by 1-cent=$1/contract profit - option price(x100) = $1-$58          = $57 loss   The higher strike prices have much lower losses if they expire with the  underlying stock at- or near-the-money. So, they carry \"\"gentler\"\" downside potential, and are priced much higher to reflect that \"\"controlled\"\" risk potential.  That makes sense. Thanks.\""}
{"_id": "147375", "title": "", "text": "Also, is seems the wife that's doing the taxes is very reluctant on giving me access to the statements. As an owner, I do have the legal right to those statements do I not? What power would a majority owner of a bar (40%) hold over the other two minority owners (each with 30%)? According to her, she's broken even on her investment, whereas I've collected not even half of my initial investment. The fact that you feel this is fishy reconfirms my belief that she not being truthful to some degree."}
{"_id": "147379", "title": "", "text": "\"When I receive a check from a customer whom I previously sent an invoice, I go to the customer report for that customer, click on the link \"\"Invoice\"\" for that invoice, then click on the Pay Invoice button (very far right side). I then do a customer report and see that there is no balance (meaning all the invoices have been paid). I don't process invoices using the same method you do.  Instead I go to Business -> Customer -> Process Payment.  From there I can select the applicable customer, and a list of unpaid invoices will come up.  I've never experienced the issue you've described. On a related topic: are you posting your invoices?  From experience that has caused issues for me; when you post the invoice it should show up in your Accounts Receivable (or whichever account you've designated), and after you process the payment the A/R should go down accordingly.  When posting your invoice, you specify which account it gets posted to:  So that account should show a balance once you have posted it:  Then, when a client pays you, your cash will go up, and A/R will go down.\""}
{"_id": "147385", "title": "", "text": "If you\u2019re looking for an affordable landscaping Liverpool service, we at Liverpool Fencing are ready to help you out. We are a team of skilled experts who provide a wide range of landscaping solutions for the right price. Also, we ensure that you receive the value for your money with our excellent services. Visit our website at https://liverpoolfencing.co for more details."}
{"_id": "147412", "title": "", "text": "\"&gt;&gt; Check the \"\"maybe\"\"(s): they are all yours!  &gt; Here is where you first used \"\"maybe\"\"   My one(!) \"\"maybe\"\" is with confidence that Trump is trying to reduce drug prices.   Your many \"\"maybe\"\"(s) are about why Trump is not going to reduce drug prices, despite him saying he would and him trying very hard to fix the mess with the expensive ObamaCare.   Do you understand the difference between me and you here?  &gt;&gt; How \"\"instability\"\" will happen because it's tiny bit hotter?  &gt; I gave you a link when I said global warming is a serious risk to the country. It gives possible scenarios.  LOL!!!!!! You just said it! I can't believe it! You just said \"\"possible scenarios\"\"... for how global warming may(be) cause \"\"instability\"\".  **Your \"\"maybe\"\"(s) together with your \"\"possibilities\"\" are to desperately convince yourself (and me) about baseless things you want to believe in.**   &gt;&gt; I asked you, again, and again, and again, and again, to give me one ACTION by Trump that you oppose.  &gt; Here is your first request for an example: ... Here is the second request to which I responded: ... Neither one asked for an \"\"action\"\".  Oh c'mon! Are you seriously saying you can't/won't give me actions by Trump you oppose to, because I did not ask for them initially?   Really? Or is it because you have no examples?  &gt;&gt; He's a liar, so you won't believe anything he said, anything he does or anything I say about him.  &gt;No, it only means I won't accept what he says as true.  LOL!!!! I said \"\"you won't believe anything he said\"\" and you reply \"\"No\"\" and immediately adding \"\"it only means I won't accept what he says as true.\"\"  You are very funny. That's why I enjoy to debate people like you.  In your attempt to get our of the mud you dug yourself into, you are getting more and more funny.  So, let's cut the crap, as it's simple, just as I said from the beginning: no matter what, even a \"\"scientific\"\" person like, facts, logic, proofs, scientific proofs, no matter what, you won't believe Trump.  Probably you don't believe Trump that he against Neo Nazis? Don't disappoint me here! I expect you to say, \"\"no, I don't believe Trump! He's not against neo Nazis\"\".  &gt;&gt; Hillary and the DNC are not liars. So you voted for them... etc  &gt; once again, your defense for President Trump is complaining about the Democrats.  Absolutely not! I said again and again that I supported Trump over his stance against immigration, ObamaCare, TPP, NAFTA, insane liberals, anti-patriotic acts by Democrats, etc. Also I support him for his integrity, his fight to make America Great Again, his plans to rebuild the infrastructure, bring jobs again, support veterans, build the defense, against wars, etc.  It's beyond me that even if you do not like Trump's agenda, that YOU VOTED FOR DEMOCRATS despite having 2 additional choices, and despite them being so corrupt, cheaters, killers, scandals, no integrity, no plans, etc.   How could a person like you, who seek truth, vote for democrats?   **The list of \"\"lies by Trump\"\" you gave me is mostly not true!!! They are lies about lies!** For example:  &gt; \u201cI wasn't a fan of Iraq. I didn't want to go into Iraq.\u201d (He was for an invasion before he was against it.)  I was for the war in Iraq in the beginning too!!!!! Yes! I was sure, based on what Bush said that Iraq has WMD. Then, as time went on, as no proofs or examples came up, I was against.  **The bottom line: I and Trump were against the war in Iraq BEFORE(!) it started. Hillary was for the war. WORST: Hillary is clearly for war with Russia which is very stupid idea, especially because WE HAVE YET TO SEE a single proof how Russia interfering with the USA elections. Got it?**  Common sense: Trump won the debate against 13 other Republicans in July 2016, and you are trying to convince me that Russia new he would win and colluded with him between July until the elections November to make him win? Would you seriously believe that?\""}
{"_id": "147422", "title": "", "text": "\"A 30-yr mortgage IS a committment. So, you are willing to commit to a place, but not your long-term girlfriend??? Either you don't do this \"\"cheap\"\" scheme idea, or you set up as a business arrangement, or you get married. This is quite a laissez-faire statement you make... \"\"Maybe we will eventually get married, maybe we will eventually break up, who knows.\"\" Anything or anyone that is a \"\"who knows\"\" is not what you make a 30-yr committment on. I mean, unless you just want to risk throwing your money away. Now, man up, hire the lawyer to do official paperwork or else get a legal certificate of civil union or marriage or whatever you want to call it. If you try to do your cockamamie scheme \"\"on the cheap\"\" now, it will most surely cost you dearly in the future! Mixing money (particulary huge sums of 200,000 $!) when there is no legal obligation like marriage or a business contract, is a fool's errand! Now, grow up and do it the right way if you want to help her - and yourself too.\""}
{"_id": "147437", "title": "", "text": "There many car loans at zero percent interest.   Finance the car at zero percent, then take your money and invest it. If you want to be super safe buy a CD the same length as the car loan. 5 years you will get 2%.  If you still want safety and a better return take up a asset allocation strategy that moves your cash to risky assets when the market is performing well, then to cash, bonds, or cds when the market under-performs. Now you have your car with a zero percent loan and you are making the return on the money instead of the car company."}
{"_id": "147439", "title": "", "text": "\"This is not a full answer and I have no personal finance experience. But I have a personal story as I did this. As Vicky stated Another point: there are various schemes available to help first time   buyers. By signing up for this, you would exclude yourself from any of   those schemes in the future. I did this for my dad when I was 16 or so. I am in Canada and lost $5,000 first time buyers tax rebate. As long as many other bonuses like using your rsps for your first home. I also am having a fair amount of trouble getting a credit card, because even though I am only a part member of the mortgage they expect you to be able to cover the whole thing. So when the banks look at my income of say $3000 a month they say \"\"3000 - rent(500) - mortgage(3000)\"\" You make $-500 a month. I then explain that I do not actually pay the mortage so it is not coming out of my paycheck. They do not care. I am responsible for full payments and they consider it used.\""}
{"_id": "147463", "title": "", "text": "The steel structures make it impervious to many threats which traditionally constructed buildings are quite vulnerable, such as weathering and termites. However, a little bit of care is mandatory to maintain the metal panels of the building that complete the outer structure of the building, which maximizes the lifespan and keep the steel structure in healthy condition."}
{"_id": "147465", "title": "", "text": "\"Alas, yes many did fall for that trap.  They either bough during the bubble, or attempted to \"\"catch the falling knife\"\" as the housing market crashed. (Many people who bought *after* the bubble burst ended up buying houses that were *still* overvalued, and have little or no equity as a result, even if they had saved and put \"\"good money\"\" into it as a down-payment.)\""}
{"_id": "147473", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Puerto Rico\u2019s utility cancels controversial $300 million contract with Montana firm hired to repair electrical grid](https://www.reddit.com/r/politics/comments/79itd5/puerto_ricos_utility_cancels_controversial_300/) on /r/politics with 8466 karma (created at 2017-10-30 04:13:20 by /u/rafaelloaa)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "147492", "title": "", "text": "It's a great town, worth a visit for sure. I'm glad you've visited other places in the USA, since NYC is not representative of the nation as a whole, in my opinion, and many foreign visitors to the USA only visit NYC (just as many foreign visitors to France only visit Paris.)"}
{"_id": "147502", "title": "", "text": "I'll summarize here our discussion in the comments. First thing to remember is that you can only deposit up to $6K/year into the Roth IRA, you cannot seed it with some large amount (unless its a rollover). Second thing to remember is that you can only qualify 10K distribution for the home purchase. With that in mind, it seems that you'll have to have extremly high returns to make use of the maximum tax benefit (15-20% of the 10K). Non-qualified distributions will be taxed at ordinary income rates + 10% penalty, so if you can't qualify the distribution, instead of saving money on taxes, you'll end up paying twice as much as you would have without the IRA. Also, keep in mind that reporting of the distributions and justifying the qualifications might require assistance of a tax preparer, which will also reduce your savings. Bottom line, IMHO, you'll end up with a wash or very insignificant savings (compared to the magnitude of the home purchase costs) at best, which renders the whole thing kindof wastefull."}
{"_id": "147530", "title": "", "text": "That is horrible. I would contact your local news stations, local authorities, and demand to talk to the owner of the dealership. Get the story out on social media and do everything you can to put bad publicly on the dealership. Maybe they will see how big of a fuck up they made and make things right. Fuck those guys."}
{"_id": "147547", "title": "", "text": "\"If you have a business web site, using firstname.lastname@businessdomain.*x* would be the best choice. Using an @gmail address should be a second choice.  If gmail is your only option, though, I would strongly recommend avoiding the aka.username portion. If firstname.lastname@gmail.com isn't available (and, for most people, it no longer is), using something such as FirstinitialLastname.businessname@gmail.com would be a much better option (for example, John Smith with Example Enterprises would be JSmith.ExampleEnterprises@gmail.com).  If you're looking for an email address to use for purposes such as a resume / CV or similar documents, then I would suggest to try to find a variation that includes your first name and last name on gmail. You can use your middle initial, as well, if necessary.  John Curtis Smith could have any combination such as jcsmith, john.c.smith, johnathan.smith, johnathan.c.smith, j.curtis.smith (though that last one will imply that John prefers to be called Curtis), and similar.  Also, and I say this as honest advice from someone who has been in charge of hiring people in the past, if you're concerned about professionalism, you'll want to ensure your grammar and spelling are impeccable. A quick glance at your posting history makes me think you're a Brit, or are currently living in England, so working on your English skills will be important. People will find it difficult to take someone seriously, otherwise, and a poor first impression via text or email can easily cost you whatever it is you're trying to establish, *especially* if you aren't the only person attempting to establish yourself for that position.  You have several errors in your post (\"\"I just a question,\"\" \"\"approriate,\"\" \"\"buisness,\"\" and a lack of sentence structure and punctuation in general).  It may seem silly to concern yourself with typing properly in a post on Reddit, but think of it as practice in a medium (text and typing) where repetition is key. If you're used to typing poorly, it'll take a lot more effort to type well when it counts, and you're more likely to miss an error that could cost you a job or client.  Good luck to you!  ^^^In ^^^before ^^^mentioning ^^^spelling ^^^/ ^^^grammar ^^^and ^^^missing ^^^something ^^^in ^^^my ^^^own ^^^text.\""}
{"_id": "147549", "title": "", "text": "\"In 1517, if I was a free person (i.e. was member of royalty), and no religious fanatics and insane anti-any-change fanatics around, I would invent products and services that did not exist.  So, what I said had a lot of \"\"IF\"\"s in it, so, the truth is that most likely, if I was not rich in 1517, I was an uneducated ignorant destitute slave/servant with almost zero chances to become rich.  **Change the question to 200 years ago, and you will get better and very interesting answers.**\""}
{"_id": "147551", "title": "", "text": "According to the U.S. Bureau of Engraving and Printing, if you have clearly more than one-half of the current bill remaining, you should be able to take it to your bank and exchange it. But if for some reason your bank will not take it, you can submit it to Bureau of Engraving and Printing Office of Currency Standards. Question asked on http://www.moneyfactory.gov/faqlibrary.html I have some currency that was damaged. My bank will not exchange it for undamaged currency. What can I do? The Bureau of Engraving and   Printing's Office of Currency Standards processes all requests for   reimbursement for damaged United States currency. They decide the   redemption value of torn or otherwise unfit currency by measuring the   portions of the notes submitted. Generally, they reimburse the full   face value if clearly more than one-half of the original note remains.   Currency fragments measuring less than one-half are not redeemable. Go   to the Damaged Money section of our website for additional information   and the procedures to redeem mutilated currency. However take notice of this: Any badly soiled, dirty, defaced, disintegrated, limp, torn, worn, out   currency note that is CLEARLY MORE than one-half of the original note,   and does not require special examination to determine its value. These   notes should be exchanged through your local bank."}
{"_id": "147573", "title": "", "text": "\"Yes there are huge number of parts in the chain. Entire careers can be made out of handling clearing and settlement (back office) work for banks, exchanges, and trading houses. Even more so in the old days when this had to be done by hand, but obviously now everything is electronic. I can provide some insight into your questions, at least on the trading side.  Brokers in many cases have their own brokers or their own trading operations. They will have their own order entry and risk control systems, so that is all proprietary, but it usually doesn't involve more than send buy/sell Y shares of name X to venue Z at price P with extra instructions A,B,C,D,E. Eventually an order will make its way to a direct market participant who sends an electronic order directly to an exchange.  Note that when you say market, you should be referring to such \"\"exchanges\"\". In the US these are the NYSE, NASDAQ, and so on. When you are talking about futures there is the CME, CBOT, and so on. In Europe there is the EUREX and so on. The \"\"market\"\" refers to all these exchanges together which all have their own order mechanisms and matching engines. In many cases exchanges will route orders to other exchanges depending on the specific country's trading rules. Exchanges compete with each other by fee and liquidity offerings, which are shouldered directly by market participants.  Another detail is that each market participant has its own clearing firm, which has prior credit lines established with the market participant and a central clearing house. Like you said as soon as an order is matched, the exchange where the order takes place hands the trade over to the clearing house where the trade is then settled between the clearing firms representing either side of the trade. Clearing disputes happen at this step.\""}
{"_id": "147578", "title": "", "text": "We are offering men\u2019s linen clothing from most stylish to that sophisticated look which no can ignore for a long time. The best thing about our collection is that it available at very reasonable prices &amp; in many color options to choose from. We also arranged some limited edition for these summers that will kill summers like never before."}
{"_id": "147581", "title": "", "text": "\"The article keeps quoting \"\"this study\"\" without linking it, but actively links to other studies which it labels \"\"left-leaning\"\" that argue different results.   I could just be blind though if anyone can spot it for me.\""}
{"_id": "147589", "title": "", "text": "I'd suggest buying a used car for cash, car loans are a bad idea. I bought my last car a few years ago for $8k off of craigslist, and it is still running great. Make sure you get a car checked out by a mechanic before buying (usually they'll drop it off at a mechanic you want to have take a look, or perhaps just go with you). My general rule is to not take out loans for anything which decreases in value. So a home mortgage would be fine, a car loan is not a great plan. Buy cash, and save for the next purchase. If you buy a decent used Corolla (or other small import car), you can get it for $8k, it will likely last a few years at least. That could end up costing you less than $200 per month total, or less. Much better deal in the long run."}
{"_id": "147594", "title": "", "text": "\"As the other answers stated: Yes PayPal will transfer money from your bankaccount automatically if your PayPal balance isn't sufficient. Let's add some proof to the story: (Note, I am in the EU, specifically the Netherlands, situation might be different in other parts of the world) If I login to PayPal and go to my wallet, I have a section that looks like this:  If I click on it, I am presented with a screen with details about the connection.  Note the \"\"Direct debit instruction\"\". If I click on the \"\"view\"\" link I am presented with the following text (emphasis mine): [snip some arbitrary personal details] This authorisation allows (A) PayPal to send instructions to your bank account and (B) your bank to debit your account in accordance with the instructions from PayPal. As part of your rights, you are entitled to a refund from your bank under the Terms and Conditions of your agreement with your bank. A refund must be claimed within 8 weeks starting from the date on which your account was debited. Your rights are explained in a statement that you can obtain from your bank. Below this text is a button to delete the authorization.\""}
{"_id": "147597", "title": "", "text": "How is this different from Ford offering a performance tune on a V8 though? It's the same thing, just a software upgrade allows you to access more power. The alternative to not having that model is not having access to a car that cheap. Plenty of companies do this all the time, I don't understand how this angers you besides the fact that it's Tesla doing it."}
{"_id": "147624", "title": "", "text": "\"The decision whether this test is or is not met seems to be highly dependent on the specific situation of the employer and the employee.  I think that you won't find a lot of general references meeting your needs. There is such a thing as a \"\"private ruling letter,\"\" where individuals provide specific information about their situation and request the IRS to rule in advance on how the situation falls with respect to the tax law.  I don't know a lot about that process or what you need to do to qualify to get a private ruling.  I do know that anonymized versions of at least some of the rulings are published.  You might look for such rulings that are close to your situation. I did a quick search and found two that are somewhat related: As regards your situation, my (non-expert) understanding is that you will not pass in this case unless either (a) the employer specifies that you must live on the West Coast or you'll be fired, (b) the employer would refuse to provide space for you if you moved to Boston (or another company location), or (c) you can show that you could not possibly do your job out of Boston.  For (c), that might mean, for example, you need to make visits to client locations in SF on short-notice to meet business requirements.  If you are only physically needed in SF occasionally and with \"\"reasonable\"\" notice, I don't think you could make it under (c), although if the employer doesn't want to pay travel costs, then you might still make it under (a) in this case.\""}
{"_id": "147637", "title": "", "text": "&gt; Verify the signature against what?  How old are you I wonder? I am guessing that you're so young you don't know how it used to be done.  Every credit card has a space on the back for a signature. And for decades, retailers would check the signature on your ID if the signature on your card is not valid (blank, or says 'SEE I.D.').  This worked for a long time, until retailers started hiring incompetent children who were too lazy to do their jobs properly. I once worked for a retailer who would fire you if they caught you not verifying signatures."}
{"_id": "147643", "title": "", "text": "&gt; My point of view is that monopolies happen because politics (whether that's politicians, trade boards, or oversight committies) allows them to occur.  Google's monopoly came about completely organically. So, if you're arguing the government creates monopolies, you're wrong. If you're arguing the government should be trust-busting in general, then continue"}
{"_id": "147646", "title": "", "text": "\"To add to MrChrister's answer:  Canada also has a Consumer Price Index (CPI) used to measure inflation that is distinct and separate from that maintained by the United States. There are differences in inflation between the U.S. and Canada because our currencies are different, and there may be different items in the \"\"basket\"\" of goods that constitutes the index. You can find current information on the Canadian CPI at Statistics Canada, here: Latest release from the Consumer Price Index. Also, the Bank of Canada \u2013 our central bank \u2013 maintains a free online Inflation Calculator.  The BoC's inflation calculator is handy because you can enter a dollar amount for a past date and it will figure out what that would be in today's dollars.  For instance, $100 in 1970 dollars had the same purchasing power (under the CPI) as $561.76 in 2009 dollars! And you're right \u2013 if you get a salary increase that is less than the rate of inflation, then in theory you have lost purchasing power.  So, anybody really looking for a raise ought to make an effort to get more than the increase in CPI.  Of course, some employers are counting on you not knowing that, because any increase that's less than CPI is effectively a salary decrease; which could mean more profit for them, if they are able to increase their prices / revenues at inflation or better. Finally, consider that salary & wage increases also contribute to inflation!  Perhaps you've heard of the wage/price inflation spiral.  If you haven't, there's more on that here and here.\""}
{"_id": "147656", "title": "", "text": "You can't say I'm wrong and then go on to explain why exactly what I said is correct.  :)  You (and I) are in complete agreement that there's no LTCG on either Roth *or* Traditional 401ks, because you pay both as straight income - The former up front, the latter when you withdraw it.  My point was that, for virtually everyone, their regular income tax rate is **higher** than their LTCG rate."}
{"_id": "147663", "title": "", "text": "\"Why is that? It doesn't hurt anyone else nor diminish a finite supply for \"\"real\"\" patients. I think it's ridiculous that something so innocuous is illegal in so many places.  People getting medical cards without a serious illness are shifting their business to a regulated market where they're paying taxes instead of supporting a black market, where's the harm?  Genuinely curious as I've never met anyone whose held your opinion.\""}
{"_id": "147676", "title": "", "text": "\"Huh.  I don't like the idea of being \"\"starved\"\" into compliance either, but the fact is we're in a global economy.  Either this opinion will have to change, or we're \"\"going to get hurt real bad\"\".  I guess we can always switch back to extreme nationalism and xenophobia, and close off foreign trade.  Though I think that would technically work (by forcing the US to become independent of foreign manufactures) I don't think it will happen anytime soon.\""}
{"_id": "147684", "title": "", "text": "\"You're right to be a bit \"\"afraid\"\" (for lack of a better term).  It's a guarantee that some crooked people will try to screw you, and running a business in virtually any industry is getting more and more competitive everyday.  But, if you're savvy enough to call people out on their B.S. and willing to compete, you can succeed with a solid business model.      The two main reasons people don't try and start a small business of their own all the time are 1) because they're too lazy or don't have the drive and 2) don't have the start up capital.  Believe me, I've met some fellow successful business owners that couldn't pass a freshman undergrad level business law course.    Don't get me wrong, there is always risk involved with a new venture.  But, if you're committed to learning how to streamline your service and operations, then market it effectively, you'd probably be okay.  The legal side of things will really play an extremely (likely negligible) small part in your day-to-day life once you've gotten them ironed out initially.\""}
{"_id": "147701", "title": "", "text": "I like option 3.  Your passion lies elsewhere, and your company deserves a strong, dedicated leader.  You should not have to look far to find someone with the energy and drive to carry on, so you can get on to your dream to help others!"}
{"_id": "147717", "title": "", "text": "\"Typically in on campus recruiting, at, as you said, a limited number of schools. It seemed safe to assume this wasn't OP's situation. \"\"Breaking in to banking\"\" is effectively impossible for a random profile post-graduation from a non-target.   As it turns out, the job OP is talking about isn't in this area so it's irrelevant.\""}
{"_id": "147730", "title": "", "text": "Pension in this instance seems to mean pension income (as opposed to pension pot). This money would be determined by whatever assets are being invested in. It may be fixed, it may be variable. Completely dependant on the underlying investments. An annuity is a product. In simple terms, you hnd over a lump sum of cash and receive an agreed annual income until you die. The underlying investment required to reach that income level is not your concern, it's the provider's worry. So there is a hige mount of security to the retiree in having an annuity. The downside of annuities is that the level of income may be too low for your liking. For instance, \u00a3400/\u00a310,000 would mean \u00a3400 for every \u00a310,000 given to the provider. That's 4% and would take 25 years to break even (ignoring inflation, opportunity cost of investing yourself). Therefore, the gamble is whether you 'outlive' the deal. You could hand over \u00a350,000 to a provider and drop dead a year later. Your \u00a350k got you, say, \u00a32k and then you popped your clogs. Provider wins. Or you could like 40 years after retiring and then you end up costing the provider \u00a380k. You win. Best way to think of an annuity is a route to guaranteed, agreed income. To secure that guarantee, there's a price to pay - and that is, a lower income rate than you might like. Hope that was the kind of reply you were hoping for. If not, edit your OP and ask again. Chris. PS. The explanation on the link you provided is pretty dire. Very confusing use of the term 'pension' and even if that were better, the explanation is still bad due to vagueness. THis is much better: http://www.bbc.co.uk/news/business-26186361"}
{"_id": "147745", "title": "", "text": "First pay yourself. When you get salary, send some parts of that (for example 10%) to your saving account.  Step by step you'll save nice money ;)"}
{"_id": "147757", "title": "", "text": "thank you for your reply. I agree that many of the 'smart drugs' that are out there are dangerous and well overused. But i feel nootropics, like lion's mane, l-theanine, and huperzine A are all pretty safe and able to help with some of the problems we face in modern work life."}
{"_id": "147765", "title": "", "text": "There actually are legitimate reasons, but they don't apply to most people.  Here are a few that I know of: You're self-employed and have to pay quarterly estimated taxes.  Rather than wait for the refund when you already have to pay 1/4 of next year's taxes at the same time, you just have the IRS apply to refund forward.  (so you're not out the money you owe while waiting for your refund). You're filing an amended or late return, and so you're already into the next year, and have a similar situation as #1, where your next year's taxes have already come due. You're planning on declaring bankruptcy, and you're under the Tenth Circuit, those credits might be safe from creditors For almost any other situation, you're better off taking the money, and using it to pay down debt, or put it somewhere to make interest (although, at the current rates, that might not be very much)."}
{"_id": "147792", "title": "", "text": "Twitter is planning to go public on NYSE. You'll be able to start trading once the stock is listed for trading, which would be the day of the IPO.  Note that since you're trading on the secondary market, you won't be able to buy at the IPO prices, whatever the time is. You're buying from someone who bought at IPO price."}
{"_id": "147799", "title": "", "text": "I'm worried that it's, as so many observers or commentators seem to be doing with these crises, pre-empting events. I do wish news reporters would stick to reporting the news, rather than panicking people by putting forward their view that something is going to happen, such as Greece exiting the euro and adopting a new currency.  As with these things, expectations are key, and this is by no means helping."}
{"_id": "147805", "title": "", "text": "Often buyouts are paid for by the buyer issuing a load of new shares and giving those to the seller to pay them. Sometimes it could be all shares, sometimes all cash, or any mix in-between. If you believe in the future of the buyers' business model, you'll often get a load of shares at a discounted rate this way. If you do not believe in the buyers' future then you're getting shares that you think may be worth little or nothing some day, so cash would be better."}
{"_id": "147806", "title": "", "text": "\"This model would work fine under a couple of assumptions: that market interest rates never change, and that the borrower will surely make all the payments as agreed.  But neither of those assumptions are realistic. Suppose Alice loans $1,000,000 to Bob at 4% under the terms you describe.  Bob chooses to make interest-only payments of $40,000 per year. Some time later, prevailing interest rates go up to 10%.  Now Alice would really like Bob to repay the entire principal as quickly as possible, because that money could be earning her $100,000 per year instead of only $40,000, but under the contract she has no way to force Bob to do so.  And Bob has no incentive to repay any of the principal, because he can earn more interest on it than he has to pay to Alice.  So Alice is not going to be very happy about this. You might say, but at least Alice is only losing \"\"potential\"\" money; she's still turning a profit of $10,000 per year, since her bank only charges her 3% interest.  Ah, but you're assuming that Alice can get a bank loan with a rate of 3% fixed forever.  The bank doesn't want to make such a loan either, for exactly the same reasons. So in practice, any loan like this would be expected to have a variable interest rate. There's a flip side, too.  Suppose instead that market rates drop to 1%.  Now Alice would like Bob to repay the principal as slowly as possible, because she's earning 4% on that money, which is better than any other options available to her.  But Bob now has every incentive to repay it as fast as he can - or even to refinance by taking out another loan at, say, 2%, and using the proceeds to repay the entire principal to Alice.  (This risk still applies with most traditional loans, since the borrower usually always has the right to pay early, but some loans include a \"\"prepayment penalty\"\" in such cases to help compensate the lender.) Thus, when Bob has all the power to decide when to pay, Alice is sure to lose no matter which way interest rates move.  A loan with a fixed term helps insulate Alice against this risk.  She may be able to make a guess about the likelihood of interest rates going up to 10% in the next 15 or 30 years, and increase Bob's fixed rate to account for this; that's much easier than trying to account for the possibility of interest rates going up to 10% ever.  (And if she does have to try to account for this, she's probably going to have to set the interest rate extremely high; so Bob might accept a fixed term of repayment in exchange for a more reasonable rate.) Even if we suppose that Alice has done the best possible credit check and that Bob is a perfectly trustworthy fellow who would never dream of defaulting on his loan, catastrophes do happen.  Maybe Bob is robbed of all his money by an evil accountant, or has a mid-life crisis and spends it all on opera tickets.  Whatever, Bob is now bankrupt and Alice is never going to get her principal back, nor any further interest payments either.  Even if the loan is secured by some collateral, there's still a risk since the collateral might lose value.  Alice has some chance of estimating the risk of this happening in the next 15 or 30 years, and can set the interest rate to compensate for it.  But it is harder for her to estimate the risk of this happening ever, and if she tries, she'll have to set the rate so high that Bob might prefer a fixed term and a lower rate. (There's a side issue as to what happens if Bob dies with the loan still outstanding.  If it's an unsecured loan, typically Alice can try to collect the principal from Bob's estate, but if there isn't enough, too bad for Alice; she can't force Bob's heirs to continue making payments.  If it's a secured loan, Alice may be able to have Bob's heirs continue paying or else she seizes the collateral; but she still has the risk of the collateral losing value.)\""}
{"_id": "147816", "title": "", "text": "\"I was a Primerica representative, left to be on my own, and then returned. Insurance is one matter that depends on the individual. Some do not need it.  For example, when I was an independent agent with an independent marketing organization (IMO) (oh yes! multi-level is everywhere, dont kid yourself) I had an upline as well. We were pushed to sell final expense [burial insurance].  As an ethical agent, I believe this is a bad business practice.  Primerica does not sell unneeded insurance to old people. How can you justify selling the elderly, insurance to cover them for $10,000, at almost 100 to 150 a month? I told my elderly potential clients, after seeing they live on a tight budget,  that they were better off purchasing a cremation policy or funeral package than burial insurances as it would save them money in the long run. Primerica is right in saying they are the only ones out there catering to the Working Class and Middle-America. Where else can you start an Individual Retirement Account (IRA) with $25 a month?  Nowhere! All the other insurance producers want more money. They don't want to spend their time with what they call \"\"losers\"\".  I love showing Poor people how the Rich get richer.  Poor people should know the truth.\""}
{"_id": "147837", "title": "", "text": "\"One way to look at insurance is that it replaces an unpredictable expenses with a predictable fees. That is, you pay a set monthly amount (\"\"premium\"\") instead of the sudden costs associated with a collision or other covered event. Insurance works as a business, which means they intend to make a substantial profit for providing that service. They put a lot of effort in to measuring probabilities, and carefully set the premiums to get make a steady profit*. The odds are in their favor. You have to ask yourself: if X happened tomorrow, how would I feel about the financial impact? Also, how much will it cost me to buy insurance to cover X? If you have a lot of savings, plenty of available credit, a bright financial future, and you take the bus to work anyway, then totaling your car may not be a big deal, money wise. Skip the insurance. If you have no savings, plenty of debt, little prospects for that improving, and you depend on your car to get to work just so you can pay what you already owe, then totaling your car would probably be a big problem for you. Stick with insurance. There is a middle ground. You can adjust your deductible. Raise it as high as you can comfortably handle. You cover the small stuff out of pocket, and save the insurance for the big ticket items. *Insurance companies also invest the money they take as premiums, until they pay out a claim. That's not relevant to this discussion, though.\""}
{"_id": "147848", "title": "", "text": "People love the thrill regarding running after; you might have to entice these folks towards you. Pestering, pestering as well as on an emotional level blackmailing can never learn how to get your ex boyfriend back in your life; 'playing hard to get' will certainly."}
{"_id": "147853", "title": "", "text": "\"It seems that counting your father as your dependent shouldn't, in itself, cause him to be ineligible for SNAP. Eligibility requirements for SNAP can be found on this FNS page. There are upper limits on the \"\"countable resources, such as a bank account\"\" that the beneficiary's household may have, and on that household's income. (There are some other requirements, too.) From what I can tell from your question, your father shouldn't be part of your household for SNAP purposes, because: Everyone who lives together and purchases and prepares meals together is grouped together as one household. If you're transferring him money, I assume he's living and eating somewhere else, so it seems you are not part of his household. According to the IRS's Publication 501, your father is not required to be part of your household for IRS purposes to be your dependent. The test to qualify is that a non-child dependent must either: Live with you all year as a member of your household, or Be related to you in one of the ways listed under Relatives who do not have to live with you. However, by the \"\"Special rule for parent\"\", you may be able to use your father as your qualifying person (dependent) to be able to file as \"\"head of household\"\", so long as you pay more than half their support, and \"\"more than half the cost of keeping up a home that was the main home for the entire year for your father\"\". I don't know if in this case the IRS would consider your father \"\"part of your household\"\" or not. Even if the IRS considered your father part of your household based on the way you filed your taxes, I think it's possible, as the IRS and FNS are two different entities, that the definition of your father's household for SNAP purposes could be different from the IRS's.\""}
{"_id": "147866", "title": "", "text": "&gt;Why would any customer (we aren't customers, credit providers are), use Equifax moving forwards  This incident doesn't seem to have had any impact on Equifax' ability to provide the service for which credit providers pay. I could have missed it, but I also haven't read/heard anywhere that customer (i.e., credit providers) data was compromised or that there's any push to limit Equifax' ability to gather data needed to provide their service."}
{"_id": "147889", "title": "", "text": "With a match, the 401(k) becomes the priority, up to that match, often ahead of other high interest debt.  Without the match, the analysis is more about the cost within the 401(k). The 401(k) is a tax deferred account (let's not go on a tangent to Roth 401(k)) so ideally, you'd be skimming off money at 25% and saving it till you retire, so some of it is taxed at 0, 10, 15%. If the fees in the 401(k) are say 1.5% between the underlying funds and management fee, it doesn't take long to wipe out the potential 10 or 15% you are trying to gain.  Yes, there's a risk that cap gain rates go away, but with today's tax law, the long term rate is 15%. So that money put into a long term low cost ETF will have reinvested dividends taxed at 15% and upon sale, a 15% rate on the gains. There are great index ETFs with sub - .1% annual cost.  My simple answer is - If the total cost in that 401(k) is .5% or higher, I'd pass. Save the money in an outside account, using IRAs as best you can.  (The exact situation needs to be looked at very carefully. In personal finance, there's a lot of 'grey'. For example, a frequent job changer can view the 401(k) as a way of saving pretax, knowing the fee will only last 2 years, and will end with a transfer to the IRA)"}
{"_id": "147933", "title": "", "text": "So I am trying to puzzle out this claim about tax cuts paying for themselves through growth.  This means that for every $1 in revenue they forsake in cuts, they expect to get $1 back in revenue elsewhere (like other taxes). So with a high tax burden on something, say 25%, that $1 cut in revenue would need to generate $4 in additional value to pay for itself.  I can't think of *anything* where the federal tax burden is actually 25% of the total value. This looks like a pretty clear case of diminishing returns, because the *lower* the tax burden the *higher* the growth needs to be in order to get the money back. If we look at something on the order of sales tax, say 5%, that $1 cut needs to generate $20 in growth.  If we flip this around and look at it as an investment, these are the kinds of returns that are reserved for miraculous right-time right-place bets. They are not the kind of returns you can expect to get from groceries and mortgages.  Can somebody sanity check me on this?"}
{"_id": "147938", "title": "", "text": "LOST SG is a high-tech, top-rated 60 minutes escape room where players have to put together thought-provoking clues, solve seemingly abstract puzzles and race against time to escape from a locked room. Pay attention to every little detail in the rooms, because even the slightest object could be the key to your escape. Using the latest technology, LOST SG brings your advanced gameplay with the next generation immersion and realism. Spanning over 2500 sqft with 5 different rooms that can accommodate up to 12 players each, our outlet at Peace Centre can take up to 56 players at any one time."}
{"_id": "147952", "title": "", "text": "There is some convergence, but the chart seems to indicate that 5 star funds end up on the upper end of average (3 stars) whereas 1 star funds end up on the lower end of average (1.9 stars) over the long term. I would have thought that the stars would be completely useless as forward looking indicators, but they seem to have been slightly useful?"}
{"_id": "147974", "title": "", "text": "My best advice is to avoid shopping as much as possible.  Minimize the amount of time you are in situations where you will be tempted to purchase random things (i.e. the checkout line! they put that crap there for a reason!). Don't go to the mall. Make your trips to the grocery store as fast as possible. Put your head down and run past it all to grab the thing you need and get out of there."}
{"_id": "147981", "title": "", "text": "the financial information is generally filed via SEDAR (Canada) or SEC (US) before the conference call with the investment community.  This can take before either before the market opens or after the market closes.  The information is generally distribute to the various newswire service and company website at the same time the filing is made with SEDAR/SEC."}
{"_id": "147992", "title": "", "text": "\"Back in the day, I frequented the [now defunct](http://fuckedcompany.com/) 'Fucked Company' blog.  There were all kinds of horror stories posted on that site.  Leaked company internal e-mails, lavish money wasting parties and even tales of employees arriving to their office only to find they can't even get in the building because the leadership simply locked the doors and walked away.  (Ex)Employees took matters into their own hands and smashed the windows claiming \"\"we needed to collect personal items from our cubes\"\" but it quickly devolved into stealing computers, laptops, monitors, phones, etc. or anything that wasn't chained down.  It was a crazy time.\""}
{"_id": "147995", "title": "", "text": "I don't see any Chicago comments, which seems weird as it has access to both Atlantic Ocean/east coast shipping via St lawrence seaway and the Gulf/south via the Mississippi. One of the largest airports in the world in O'hare (not to mention Midway). It's the economic hub of the midwest, Google already has a large operation here along with many other tech/industrial companies."}
{"_id": "147998", "title": "", "text": "The old school way would have been to identify some wealthy zip codes and cold call like a mofo.  At present I would prefer to find some retiring advisor and buy his book (that may mean leaving your current firm)."}
{"_id": "147999", "title": "", "text": "To answer the last question first: there are no tax consequences to you. If your family member is married (or has a joint owner of the funds), and so are you, each of them can give each of you the $14K annual gift, which would be $56K. The remainder of the $70K would be subject to either (1) Gift Tax for the tax year in which it was given, or (2) applied to the lifetime exclusion. Either way would require filing a form with the IRS."}
{"_id": "148013", "title": "", "text": "Why would it get better? The point of an IPO for companies like Snap is to provide liquidity to private equity and founders because they couldn't sell the company to somebody else.  They'd prefer you own the stock rather than them."}
{"_id": "148019", "title": "", "text": "Technical Analysis in general is something to be cognizant of, I don't use a majority of studies and consider them a waste of time.  I also use quantitative analysis more so than technical analysis, and prefer the insight it gives into the market. The markets are more about predicting other people's behavior, psychology. So if you are trading an equity that you know retail traders love, retail traders use technical analysis and you can use their fabled channel reversals and support levels against them, as examples. Technical analysis is an extremely broad subject. So I suggest getting familiar, but if your historical pricing charts are covered in various studies, I would say you are doing it wrong. A more objective criticism of technical analysis is that many of the studies were created in the 1980s or earlier. Edges in the market do not typically last more than a few weeks. On the other side of that realization, some technical analysis works if everyone also thinks it will work, if everyone's charts say buy when the stock reaches the $90 price level and everyone does, the then stock will go higher. But the market makers and the actions of the futures markets and the actions of options traders, can undermine the collective decisions of retail traders using technical analysis."}
{"_id": "148023", "title": "", "text": "\"Try to appear interesting to the guy.  Don't try and discuss finance, your views on current finance events, or anything of that nature.  Listen a lot to what s/he has to say and - when you hear something that you know a lot about - talk about that, in your most articulate and interesting tone.  The reason I say \"\"don't talk about finance\"\" is that - given your level of education and work experience - there's likely nothing you know that s/he doesn't, and it's even more likely that you're going to talk about something that you don't truly understand on a functional level.  What's likely to happen in this case is that you're probably going to be forgotten as just another person who talks about entry-level finance.  To reiterate: Just make sure you come off as interesting (\"\"memorable\"\"), and relaxed/easy going.  It might help if you network over a drink or two...\""}
{"_id": "148030", "title": "", "text": "There isn't really a correct answer. The 1 year beta will capture any recent changes in the firm's business, but it is estimated less accurately due to fewer data points. But a beta of 0.22 for a distressed firm is very suspicious, since we would expect the stock to be more risky, not less."}
{"_id": "148032", "title": "", "text": "it is legal. In fact part of the service is provided by Google that displays the notifications. It's only available on Android which is approx 85% of the market share. It's not targeted advertising using an email address, telephone number, etc. The users smartphone scans for the signal. The user can dismiss a notification and turn the feature off and they opt in to the service during install/update of their OS"}
{"_id": "148049", "title": "", "text": "\"Sounds like a different \"\"right-sizing\"\" project. The one I mentioned was when they took CEs (now called SSRs = computer hardware techs) from the FE division (think it had another name by then) who used to work on AS400s, cash registers and other equipment and shuffled them off into a poorer paying job doing primarily cash registers (I think - it has been a lot years since I thought about that). It would have been in the late 1990s because I left in 2000 and it was a year or three before I left. One co-worker actually died in training - probably from the stress. His heart burst while he was away from home. Most of us went to his funeral so I guess they flew him back to Texas.   They also announced they were taking away some of the AS400 guy's work and handing it to VARs so I asked in the announcement meeting if we could become VARs. Management was not too happy with my question. It didn't really affect me because I managed accounts with all four types of mainframe accounts (air-cooled, water-cooled, refrigerated and RISC) and only backed up the AS400 guys.\""}
{"_id": "148053", "title": "", "text": "&gt; At what price is the slow customer sending the order? Or are they sending a market order?  So if the high frequency fund sees someone wants to meet the ask at 1.01 they'll push that person back in favor of executing their trade first. They'll then raise the price to 1.02 (that's high though) and make the other person pay that. This happens literally in microseconds."}
{"_id": "148057", "title": "", "text": "You won't be taxed for putting it in a savings account (except on any interest that is subsequently paid). If the money is from a taxable source, then you're liable to pay tax on its receipt whether you then put it in a savings account, stuff it under your mattress or burn it. If you're planning on the basis that you might (by not putting it in a bank) be able conceal its existence from the tax authorities so that you don't have to pay the tax that's due then you're asking for advice on breaking the law, which is out of scope for this forum."}
{"_id": "148078", "title": "", "text": "&gt;Is it illegal to support the president of the United States? You act like people aren't allowed to have differing opinions from you.  A whole heap of people who think we should let bygones be bygones and unite behind our Orange Overlord seem to be the same people who wouldn't be caught dead supporting the president during Obama's terms. Basically every GOP member of Congress and their entire voting base. So where was the call for unity and civility from 2008-2016."}
{"_id": "148087", "title": "", "text": "Let's not forget, the context is here is money.  Whatever the reason someone might have for being an employee instead of an employer, the fact remains that they don't owe anyone anything for their job: they are earning that paycheck, or they'd have been fired.  This idea that their paychecks are in any degree largess from the company is hooey."}
{"_id": "148099", "title": "", "text": "\"Modern airlines are one of the most amazing technological achievements in human history. Think about it-- you can travel across the country or even across the world, in a matter of hours, more safely than driving across town, for less money than any time in history. It's not a great experience but it sure beats a wagon train, a 3 masted ship, or walking. But the airlines can't figure out how to make money doing it.  Whenever \"\"fees\"\" and other non-core revenue starts accounting for your profit, your business is in trouble. Think of the GM's financing arm, that made more money for GM than making cars. Or Blockbuster with late fees. (Btw, I have no problem in principle with baggage fees-- transporting stuff seems to be part of the core business of an airline. Encouraging everyone to stuff the cabin full of carry-ons is another matter.)\""}
{"_id": "148104", "title": "", "text": "I don't like keeping my tax information online.  Personally, I buy TaxCut from Amazon for $25-30. I store my info securely on resources under my control. Call me a luddite or a weirdo, but I also file using paper, because I don't see the advantage of paying for the privilege of saving the government time and money."}
{"_id": "148141", "title": "", "text": "\"In essence the problem that the OP identified is not that the FX market itself has poor liquidity but that retail FX brokerage sometimes have poor counterparty risk management. The problem is the actual business model that many FX brokerages have. Most FX brokerages are themselves customers of much larger money center banks that are very well capitalized and provide ample liquidity. By liquidity I mean  the ability to put on a position of relatively decent size (long EURUSD say) at any particular time with a small price impact relative to where it is trading. For spot FX, intraday bid/ask spreads are extremely small, on the order of fractions of pips for majors (EUR/USD/GBP/JPY/CHF). Even in extremely volatile situations it rarely becomes much larger than a few pips for positions of 1 to 10 Million USD equivalent notional value in the institutional market. Given that retail traders rarely trade that large a position, the FX spot market is essentially very liquid in that respect. The problem is that there are retail brokerages whose business model is to encourage excessive trading in the hopes of capturing that spread, but not guaranteeing that it has enough capital to always meet all client obligations. What does get retail traders in trouble is that most are unaware that they are not actually trading on an exchange like with stocks. Every bid and ask they see on the screen the moment they execute a trade is done against that FX brokerage, and not some other trader in a transparent central limit order book. This has some deep implications. One is the nifty attribute that you rarely pay \"\"commission\"\" to do FX trades unlike in stock trading. Why? Because they build that cost into the quotes they give you. In sleepy markets, buyers and sellers cancel out, they just \"\"capture\"\" that spread which is the desired outcome when that business model functions well.  There are two situations where the brokerage's might lose money and capital becomes very important. In extremely volatile markets, every one of their clients may want to sell for some reason, this forces the FX brokers to accumulate a large position in the opposite side that they have to offload. They will trade in the institutional market with other brokerages to net out their positions so that they are as close to flat as possible. In the process, since bid/ask spreads in the institutional market is tighter than within their own brokerage by design, they should still make money while not taking much risk. However, if they are not fast enough, or if they do not have enough capital, the brokerage's position might move against them too quickly which may cause them lose all their capital and go belly up. The brokerage is net flat, but there are huge offsetting positions amongst its clients. In the example of the Swiss Franc revaluation in early 2015, a sudden pop of 10-20% would have effectively meant that money in client accounts that were on the wrong side of the trade could not cover those on the other side. When this happens, it is theoretically the brokerage's job to close out these positions before it wipes out the value of the client accounts, however it would have been impossible to do so since there were no prices in between the instantaneous pop in which the brokerage could have terminated their client's losing positions, and offload the risk in the institutional market. Since it's extremely hard to ask for more money than exist in the client accounts, those with strong capital positions simply ate the loss (such as Oanda), those that fared worse went belly up. The irony here is that the more leverage the brokerage gave to their clients, the less money would have been available to cover losses in such an event. Using an example to illustrate: say client A is long 1 contract at $100 and client B is short 1 contract at $100. The brokerage is thus net flat. If the brokerage had given 10:1 leverage, then there would be $10 in each client's account. Now instantaneously market moves down $10. Client A loses $10 and client B is up $10. Brokerage simply closes client A's position, gives $10 to client B. The brokerage is still long against client B however, so now it has to go into the institutional market to be short 1 contract at $90. The brokerage again is net flat, and no money actually goes in or out of the firm. Had the brokerage given 50:1 leverage however, client A only has $2 in the account. This would cause the brokerage close client A's position. The brokerage is still long against client B, but has only $2 and would have to \"\"eat the loss\"\" for $8 to honor client B's position, and if it could not do that, then it technically became insolvent since it owes more money to its clients than it has in assets. This is exactly the reason there have been regulations in the US to limit the amount of leverage FX brokerages are allowed to offer to clients, to assure the brokerage has enough capital to pay what is owed to clients.\""}
{"_id": "148147", "title": "", "text": "Not everything is about marginal utility and trying to define people by their marginal utility is almost sociopathic.    Guess what? Labor isn't that interchangeable and markets are far from perfect.  What is the other option other than government help?  Let these people starve and live on the street because they can't afford anything else?  That is a great way to ruin a society."}
{"_id": "148159", "title": "", "text": "My take was that as a reactionary controller, Ballmer is shifting the company to an eventual dead-end. A new leader is needed, someone who takes action instead of reacting, and is open to creative ideas more than simply staying the course.  Of course, Forbes had to write the article practically as a eulogy, rather than being straightforward with it."}
{"_id": "148171", "title": "", "text": "Have you ever considered how much faith and confidence play a role in the financial sector?  The calling in of swaps could cause issues similar to a Bank Run, which may or may not involve others coming into play.  While this is cleaning up the mess from a few years ago, there is something to be said for how complicated are various financial instruments in this situation. If you want something similar to ponder, what would make any institution be considered major and would this be agreed by various countries given how connected things are within the world?  What makes an institution major in the United States may not be quite the same standards in Brazil and this where one has to consider how to maintain faith in the system that could unravel rather badly if everyone tries to cash out at the same time.  The Bank Run link above is something to consider that could cause a bank that appears fine to suddenly have speculators cause more disruptions which isn't likely to help.  The global credit markets aren't likely to freeze overnight and thus there can be the question how does this get handled if another mess could arise. The idea here is to set up the framework to prevent the panic that could lead to a global depression.  The idea is to create for derivatives something similar to the stock market's trading curbs that exist to contain panic on a macro level.  The psychology is quite important in figuring out how to handle the obligations of a company that was perceived to be infallible as well as making sure what is agreed works across various cultures and currencies."}
{"_id": "148194", "title": "", "text": "\"The result would be catastrophic. The almost-reserve currency would collapse which would produce a medium sized depression, perhaps same with with 2008-now, or even larger, since don't forget, that one was produced from a housing bubble existing in only a part of the american economy; imagine what would happen if almost the full size of the economy (Europe) would collapse, even if Europe isn't as much \"\"connected\"\". But reality here is, there's no chance to that. The real reason you hear those rumors is that America (along with minor partners like the British Sterling) want to bring down the Euro for medium-term benefit. e.g. Several economists get on Bloomberg announcing they are short selling the Euro. Irony is, all this is helping the Euro since selling and short-selling and selling and short-selling helps massively its liquidity. It's like several nay sayers actually making a politician famous with their spite.\""}
{"_id": "148203", "title": "", "text": "Which banks? What about those that don't have the same products/rates/services? There's only a handful of institues that could match, even just closely, to what WF provides.  Customers wouldn't have much real choice, and it'd look like the gov't stepping in and taking one business' money and giving it to another.   For the receiving bank, they would take a hit too likely, as the term for which they'd have the new funds wouldn't be long enough to see returns on anything before they had to turn the money back over. Meaning they'd be eating all the normal cost of their services without getting the normal return.  Fines work well because they hit companies where it impacts only them-net income. You want better compliance, create bigger and more persistent fines. You don't like WF, move your money somewhere else."}
{"_id": "148204", "title": "", "text": "Are you actually supporting both your mother and father? Is the account joint? Is your mother aware of the gift and has control over the money same as your father? If you cannot answer (and provide support) yes to all these questions, then I doubt you could make such a claim. If the fact that the bank account is only in your father's name is a mere technicality for whatever reason, and the money is in fact intended, controlled by and benefits both of your parents, then I believe you can. See more details about gift tax in the IRS publication 950."}
{"_id": "148208", "title": "", "text": "If you buy US stocks when the CAD is high and sell them when the CAD is lower you will make a currency gain on top of any profit or loss from the stock investments. If you buy US stocks when the CAD is low and sell when the CAD is higher any profits from gains from the stock investment will be reduced and any losses will be increased. If you are just starting out you may be better off investing in your own country to avoid any currency risk adding to your stock market risk."}
{"_id": "148210", "title": "", "text": "I think a company can more easily crunch the numbers in figuring out how much revenue additional sales would mean to the bottom line. Top Brass also understands how tough selling is because they had to do it.  BTW- not saying you don't work harder."}
{"_id": "148228", "title": "", "text": "The reason is in your own question. The answer is simple. They use that code to tax the product otherwise it would just be out of pocket expenses."}
{"_id": "148233", "title": "", "text": "\"As I understand it the basic premiss of a HOA is to ease communication between neighbors and help work towards common community goals.  As I understand it the reality is that the HOA works to keep the community homogenous so there are no \"\"sore thumb\"\" neighbors.   As to why look for one or avoid one.  If you would want a uniform image out of your neighbors and don't mind towing the party line, then they are for you.  If you don't care about what your neighbors do with their property (within civic ordinance) and would like freedom to do things different from your neighbors (paint your house blue, hang a clothes line, increase the size of your flower beds), then they are to be avoided.\""}
{"_id": "148238", "title": "", "text": "I think it has more to do with a sizable amount of students have no interest in learning. The best most funded system in the world would fail if the students resist being taught and sabotage those that do want to learn"}
{"_id": "148250", "title": "", "text": "Elance, UpWork, Fivver  Who would've thought taking skilled labor and watering down the price to mere pennies would be bad for everybody involved?  That's why, even though I operate just like a freelancer, I incorporated. Legally, I'm a sole proprietor, not a freelancer...aside the few tax differences, it just saves me a ton of headaches."}
{"_id": "148255", "title": "", "text": "Yeah but some of the managers are complete dicks with your scheduled hours.  Both my neighbors work there and he says that some night, he'll get a phone call at 1 am telling him to be at work in 2 hours instead of his typical shift.  they also apparently fire people for the most trivial reasons.  Very few of my friends who work there actually like the place but it's a job and in this city, it's pretty much take it or leave it. :("}
{"_id": "148259", "title": "", "text": "IMO student loans are junk debt that should be dealt with as soon as possible.  Buying a house comes with risks and expenses (repairs, maintenance, etc) and dealing with a student loan at the same time just makes it tougher. Personally, I would try to pay off at least a few of the loans first."}
{"_id": "148263", "title": "", "text": "As far as I have read, yes binary option is a part of trading. I saw tutorials on many sites like investopedia.com , verifyproducts.com etc. which clearly shows that in binary options, trader has to take a yes or no position on the price of any underlying asset and the resulting payoff will be either all or nothing. Due to such characteristic, it has become the easier way for beginners to enter in financial trading market."}
{"_id": "148265", "title": "", "text": "i'm not talking about giving money to the gov't to have them help with it (i agree, our gov't should care only about us), but doing it yourself. or maybe flying over there to help yourself with your own money. my point is: a direct approach isnt best in the long run. the best help is having a booming economy. the poor are much better in a booming economy than in a shitty one. and govt redistribution will make a shitty economy. of course a bigger problem is the gov't manipulation of interest rates and over-regulation, but a better economy pulls people out of poverty. that's why everyone was financially equal, yet extremely poor in the USSR. nice and moral are always a good thing, but not by force. libertarians DO believe their policies are best for the poor, despite a lack of redistribution of money."}
{"_id": "148270", "title": "", "text": "The Art of Short Selling by Kathryn Stanley providers for many case studies about what kind of opportunities to look for from a fundamental analysis perspective. Typically things you can look for are financing terms that are not very favorable (expensive interest payments) as well as other constrictions on cash flow, arbitrary decisions by management (poor management), and dilution that doesn't make sense (usually another product of poor management). From a quantitative analysis perspective, you can gain insight by looking at the credit default swap rate history, if the company is listed in that market. The things that affect a CDS spread are different than what immediately affects share prices. Some market participants trade DOOMs over Credit Default Swaps, when they are betting on a company's insolvency. But looking at large trades in the options market isn't indicative of anything on its own, but you can use that information to help confirm your opinion. You can certainly jump on a trend using bad headlines, but typically by the time it is headline news, the majority of the downward move in the share price has already happened, or the stock opened lower because the news came outside of market hours. You have to factor in the short interest of the company, if the short interest is high then it will be very easy to squeeze the shorts resulting in a rally of share prices, the opposite of what you want. A short squeeze doesn't change the fundamental or quantitative reasons you wanted to short. The technical analysis should only be used to help you decide your entry and exit price ranges amongst an otherwise random walk. The technical rules you created sound like something a very basic program or stock screener might be able to follow, but it doesn't tell you anything, you will have to do research in the company's public filings yourself."}
{"_id": "148271", "title": "", "text": "you should pay cash. always pay cash or debit card. never use credits unless absolutely required. if you so poor that you need credit card you must reduce your costs! don't buy anything except food, start making money, then you will buy everything! and you should buy cheapest food now"}
{"_id": "148288", "title": "", "text": "I think about as close as you're going to get is to use a personal PayPal account, and set up a reminder to yourself to log in and send the money.  (Because, as you said, setting up a recurring payment is a business account thing.) From PayPal's website: Sending money \u2013 Personal payments: It's free within the U.S. to send money to family and friends when you   use only your PayPal balance or bank account, or a combination of   their PayPal balance and bank account. ... Receiving money \u2013 Personal payments: It's free to receive money from friends or family in the U.S. when   they send the money from the PayPal website using only their PayPal   balance or their bank account, or a combination of their PayPal   balance and bank account. You can automate the reminder to yourself with any of the gazillion task managers out there:  Google Calendar, MS Outlook, Todoist, Remember the Milk, etc."}
{"_id": "148299", "title": "", "text": "\"So here are some of the risks of renting a property: Plus the \"\"normal\"\" risk of losing your job, health, etc., but those are going to be bad whether you had the rental or not, so those aren't really a factor. Can you beat the average gain of the S&P 500 over 10 years?  Probably, but there's significant risk that something bad will happen that could cause the whole thing to come crashing down. How many months can you go without the rental income before you can't pay all three mortgages? Is that a risk you're willing to take for $5,000 per year or less?   If the second home was paid for with cash, AND you could pay the first mortgage with your income, then you'd be in a much better situation to have a rental property.  The fact that the property is significantly leveraged means that any unfortunate event could put you in a serious financial bind, and makes me say that you should sell the rental, get your first mortgage paid down as soon as possible, and start saving cash to buy rental property if that's what you want to invest in. I think we could go at least 24 months with no rental income Well that means that you have about $36k in an emergency fund, which makes me a little more comfortable with a rental, but that's still a LOT of debt spread across two houses.   Another way to think about it:  If you just had your main house with a $600k mortgage (and no HELOC), would you take out a $76k HELOC and buy the second house with a $200k mortgage?\""}
{"_id": "148335", "title": "", "text": "Have you considered investing in real estate? Property is cheap now and you have enough money for several properties. The income from tenants could be very helpful. If you find it's not for you, you can also sell your property and recover your initial investment, assuming house prices go up in the next few years."}
{"_id": "148346", "title": "", "text": "The average of a dozen good answers is close to what would be right, the wisdom of crowds. But any one answer will be skewed by one's own opinions.  The question is missing too much detail. I look at $400K as $16K/yr of ongoing withdrawals. How much do you make now? When the kids are all in school full time, can your wife work? $400K seems on the low side to me, especially with 3 kids. How much have you saved for college?  The $150K for your wife is also a bit low. Without a long tangent on the monetary value of the stay at home spouse, what will you spent on childcare if she passes?  Term life also has a expiration date. When my daughter was born, my wife and I got 20 year term. She is now 16, her college account fully funded, and we are semi-retired. The need for insurance is over. If one of us dies, the survivor doesn't need this big of a house, and will have more than they need to be comfortable in a downsized one. My belief is that the term value should bridge the gap to the kids getting through college and the spouse getting resettled. Too much less, I'd have left my wife at risk. Too much more, she'd be better off if I were dead. (I say that half joking, the insurance company will often limit the size policy to something reasonable.)"}
{"_id": "148348", "title": "", "text": "Just don't buy any kind of paper and you will be fine :-) And don't forget most of these 'blue-chip companies' sell marketing garbage which have no real market.  Finally, make all decissions slooooowly and after extensive research."}
{"_id": "148359", "title": "", "text": "&gt; whatever is happening in the tax code that makes these inversions possible needs to be fixed.  The best way to prevent this from happening is to lower the federal corporate tax rate to zero.  Having the business, a few more jobs, inflows of cash etc. are worth more than the &lt;10% that corporate tax provides to the government budget."}
{"_id": "148385", "title": "", "text": "\"Your heart is in the right place. Especially since they've got a kid. If you really want to help them, have the uncomfortable conversation with them that they need to have about money. Specifically, how to develop and stick to a budget. It is a painful, but valuable lesson for life.  Depending on what type of relationship you have with them, you can approach it in different ways... just giving them friendly advice is perhaps the lightest \"\"touch\"\" you could have... but might not make the impression you need.  If they are asking you for money, I would personally make it a condition that they work through their personal budget with you, and then start living within that budget. If you're lending money, it's not too much to ask to follow their accounts or finances so that you can see that they're on the right track. If you're a close enough friend, you could really walk them through it and help them to develop the habits of: estimating how much they will earn in a month estimating how much they should spend in a month,  tracking how much they are actually spending, and  comparing how much they actually earn with how much they actually spend.  Doing this every month until they get out of the weeds. They should at least do it every 3 months when they're in good financial shape, but even then each month doesn't hurt. Setting them up with something like Mint.com (if they're in the US) would be a handy place to start. You can share the login information with them if they trust you... and then they can change it once whatever agreed-upon terms come around.  It sounds weird, I know, but I have helped two friends out of credit-card debt this way. The hardest part is getting around the discomfort/taboo/shame of them knowing they need help and not wanting to accept it.\""}
{"_id": "148423", "title": "", "text": "\"A few years ago I had a US bank credit card that was serviced (all support, website, transaction issues) handled by FIA Card Services (part of Bank of America). I could create one-use credit card numbers, or time-limited (for example, 3 months) numbers.  I could also create (\"\"permanent)) extra card numbers.  All of these could have a max charge value (IIRC, even a fixed value), so you could have a separate card number, with a limit, just for a subscription service or gym membership. The Bank issuing the card cancelled the entire card offering, so I lost these features. Maybe FIA still provides these features on cards they service. As a note to pjc50 (can't comment in this SE yet), Japan has had contactless cards for >10 years, but during use they tend to place them in a special tray (with the sensor underneath) during the transaction.\""}
{"_id": "148435", "title": "", "text": "I see a false assumption that you are making.  (Almost always) When you buy stock the cash you spend does not go to the company. Instead it goes to someone else who is selling their shares.  The exception to this is when you buy shares in an IPO.  Those of us who have saved all our lives for retirement want income producing investments once we retire. (Hopefully) We have saved up quite a bit of money. To have us purchase their stock companies have to offer us dividends."}
{"_id": "148440", "title": "", "text": "\"The ex indicator is meant to be a help for market participants.  On the ex-day orders will go into a different order book, the ex order book, which at the start of the ex day will be totally empty, i.e. no orders from the non-ex day book have been copied over. Why does this help?  Well imagine you had a long-standing buy order in the book, well below the current price, and now the share price halves due to a 2-for-1 split, would you want to see your order executed? If so, your order should have gone into the ex-book which is only active on the ex-day (and orders in the ex book are usually copied over to the normal book on the day after the ex-day but this is exchange-specific). Think of it as an additional safety net to tell the exchange: \"\"I know what I'm doing: I want to buy this stock totally overpriced after the 2-for-1 split\"\". Now some exchanges and/or some securities (mostly derivatives) linked with the security in question don't have this notion of ex or the ex-book, and they will tell you by \"\"will not be quoted ex\"\" or \"\"the ex indicator is missing\"\". In your case (SNE) it is a sponsored ADR, the ex-date was Mar 28 2016, one day before the ex date of the Japanese original.  According to my understanding of NYSE rules, there is no specific rule for or against omitting the ex-indicator.  It seems to be a decision on a case by case basis.  Looking through the dividends of other Japanese ADRs I drew the conclusion none of them have an ex-book and so all of them are announced as: \"\"Will not be quoted ex by the exchange\"\".  Again, this is based on my observations.\""}
{"_id": "148453", "title": "", "text": "First priority is to set up an emergency fund of 6 months expenses. If you're going to be making ~30k a year, then that means you'll probably want to put away about 10k of it in a savings account or something else similarly liquid.  After that, paying off your student loans probably makes the most sense depending on the rate. My general rule of thumb (and I'm sure others will disagree with me) is to pay off debts that are >=6.0% first before investing. Paying off debt is a risk-free return on your money, which makes it pretty valuable. It'll let you direct more of your monthly income into retirement savings, too. After that, open up a Roth IRA.  You can put a maximum of $5500 in it for this year.  I like Betterment, but Wealthfront has a similar service."}
{"_id": "148454", "title": "", "text": "Venezuela is a command economy, and one that isn't doing terribly well right now, with rampant inflation in the several hundred percent range.  As such, they've tried to limit or eliminate exchanges between their currency and foreign currencies. Currently, they allow a limited amount of exchange at fixed rates (according to a Bloomberg article, those vary between 6.3, 13.5, and 200) for certain purchases, and then otherwise disallow exchange between the currencies.  However, there is a black market (illegal in Venezuela, but legal in the US) which allows the price to float, and is much higher - 800 or so according to that article from last year.  A recent Valuewalk article lists the black market rate at closer to 900, and slightly different official rates.  It's worth a read as it explains the different official rates in detail: Currently there are four exchange rates: First is the official one,   called CENCOEX, and which charges 6.30 bolivars to the dollar. It is   only intended for the importation of food and medicine. The next two exchange rates are SICAD I (12 bolivars per dollar) and   SICAD 2 (50 bolivars per dollar); they assign dollars to enterprises   that import all other types of goods. Because of the fact that US   dollars are limited, coupons are auctioned only sporadically; usually   weekly in the case of SICAD 1 and daily for SICAD 2. However, due to   the economic crisis, no dollars have been allocated for these foreign   exchange transactions and there hasn\u2019t been an auction since August   18, 2015. As of November 2015, the Venezuelan government held only $16   billion in foreign exchange reserves, the lowest level in over ten   years, and an amount that will dry up completely in four years time at   the current rate of depletion. The last and newest exchange rate is the SIMADI, currently at 200   bolivars per dollar. This rate is reserved for the purchase and sale   of foreign currency to individuals and businesses."}
{"_id": "148469", "title": "", "text": "If you are talking straight dollars then leasing is always a losing proposition when compared with purchasing. The financial workings of leasing are so confusing that people don\u2019t realize that leasing invariably costs more than an equivalent   loan. And even if they did, the extra cost is difficult to calculate.   Still, many people can\u2019t afford the higher payments of a typical loan,   at least not without putting a substantial amount down. If payments   are an issue, consider buying a lower-cost vehicle or a reliable used   car. http://www.consumerreports.org/cro/2012/12/buying-vs-leasing-basics/index.htm If you are talking about convenience, lifestyle, ability to purchase a car you could not pay for outright, then you will have to evaluate that."}
{"_id": "148490", "title": "", "text": "Okays, so the prices we pay for goods and services aren't set by our income levels. Why should taxes be any different?  Surely they should be set by the benefits we receive from the community as measured by the market? That's what LVT is and does."}
{"_id": "148520", "title": "", "text": "Car Loan is a personal loan which helps you take loan for the car which allows the buyer to pay in monthly payments instead of paying the full price all at once. HDFC Bank provides Flexible, Quick, and Cost-Effective ways to get Car Loans in India."}
{"_id": "148541", "title": "", "text": "\"Your only real alternative is something like T-Bills via your broker or TreasuryDirect or short-term bond funds like the Vanguard Short-Term Investment-Grade Fund.  The problem with this strategy is that these options are different animals than a money market. You're either going to subject yourself to principal risk or lose the flexibility of withdrawing the money. A better strategy IMO is to look at your overall portfolio and what you actually want. If you have $100k in a money market, and you are not going to need $100k in cash for the forseeable future -- you are \"\"paying\"\" (via the low yield) for flexibility that you don't need. If get your money into an appropriately diversified portfolio, you'll end up with a more optimal return. If the money involved is relatively small, doing nothing is a real option as well. $5,000 at 0.5% yields $25, and a 5% return yields only $250. If you need that money soon to pay tuition, use for living expenses, etc, it's not worth the trouble.\""}
{"_id": "148545", "title": "", "text": "He is the President because people know he is rich and famous, which makes them think he is successful and therefore they voted for him.  Gates, Branson, Jobs, Musk, people actually working hard and being successful don't have the time to convince the dumbest part of voters to support them. Only an attentionwhore would do that."}
{"_id": "148549", "title": "", "text": "\"Certainly, there aren't algorithms lying in wait for me to enter a buy order for a couple thousand dollars worth of APPL. However, anybody that has a pension plan or a 401k gets shaved by predatory HFT. This is the majority of *ordinary investors*. Most of the population doesn't trade in individual stocks. The ones that have their investments managed by large funds are most certainly affected. Katsayuma's dissection of the underlying mechanisms makes that abundantly clear. I can understand why those with a financial stake attempt to discredit Katsuyama, but it's fairly transparent bullshit. Bullshit that \"\"you seem to have been suckered in\"\" by.\""}
{"_id": "148553", "title": "", "text": "I used to be bullish on India, too.  Then I went to India.    It really is a structural problem.  The only way I see things changing is if more Indian expats go back to India and really move the country in a good direction.   The only saving grace is prevalence of English but that is not going to be enough going forward."}
{"_id": "148573", "title": "", "text": "I don't know how much you travel but I travel to Europe, SE Asia and the Middle East frequently...  Security is a breeze compared to the US TSA thugs.  Even Israel is easier to do an airport transit than any US hub..."}
{"_id": "148576", "title": "", "text": "Almost, its not about lower wages. People who pick fruit get paid well above minimum wage, even double. It's about the fact no one is going to quit their job for $8 an hour to drive 60 minutes to go pick fruit for $14 a hour for harvest season and then be unemployed."}
{"_id": "148589", "title": "", "text": "You can receive all the Money in your Bank. By Problem if you mean whether it will raise any alarms at the Bank. Most likely yes, such kind of activity would trigger AML. Bank would flag this off to regulators and questions would be asked. If you are doing a Legitimate business, its not an issue. Maintain a proper record of the transaction and pay your taxes. As funds are large 80 K a month, it makes sense to seek to advice of a Laywer and CA to help you keep thing in order."}
{"_id": "148627", "title": "", "text": "Thanks. It has taken me some time to understand how all this works, and there are still many gray areas I want to understand further.  The Fed interest rate is the rate charged by banks to loan to each other to balance overnight reserves but only using the reserves they hold at the Fed. That adds no new money to the system, but increases the money multiplier a little since perhaps more loans can be made.   Basically one bank with excess reserves can loan to another bank that needs reserves. The Fed injects no money here, only sets the rate for banks to do this with each other.  When the Fed buys securities that effectively adds that many more dollars into circulation, which then gets hit by the money multiplier, adding a lot of new liquidity.  I think historically the latter tracks increases in the money supply much better than the former. I think the St. Louis Fed has records online for all this dating back to the 1940's or so."}
{"_id": "148632", "title": "", "text": "Also, almost by definition rebalancing involves making more trades   than you would have otherwise; wouldn't the additional trading fees   you incurred in doing so reduce the benefits of this strategy? You forgot to mention taxes. Rebalancing does or rather can incur costs. One way to minimize the costs is to use the parts of the portfolio that have essentially zero cost of moving. These generally are the funds in your retirement accounts. In the United States they can be in IRAs or 401Ks; they can be regular or Roth. Selling winners withing the structure of the plan doesn't trigger capital gains taxes, and many have funds within them that have zero loads.  Another way to reduce trading fees is to only rebalance once a year or once every two years; or by setting a limit on how far out of balance. For example don't rebalance at 61/39 to get back to 60/40 even if it has been two years.  Given that the ratio of investments is often rather arbitrary to begin   with, how do I know whether I'm selling high and buying low or just   obstinately sticking with a losing asset ratio? The ratio used in an example or in an article may be arbitrary, but your desired ratio isn't arbitrary. You selected the ratio of your investments based on several criteria: your age, your time horizon, your goals for the money, how comfortable you are with risk. As these change during your investing career those ratios would also morph. But they aren't arbitrary.  These decisions to rebalance are separate from the ones to sell a particular investment. You could sell Computer Company X because of how it is performing, and buy stock in Technology Company Y because you think it has a better chance of growing. That transaction would not be a re-balancing. Selling part of your stock in Domestic Company A to buy stock in international Company B would be part of a re-balancing."}
{"_id": "148661", "title": "", "text": "The benefits of pooling your money with others: The drawbacks of pooling your money with others: Practically Speaking - I say go for it. You stand to gain a lot of knowledge about how money works without having too much on the line. Good luck!"}
{"_id": "148674", "title": "", "text": "\"I think you're projecting a little bit there when you say it's in my head.  From the Wikipedia article on [Nazism](https://en.wikipedia.org/wiki/Nazism), it says that they \"\"sought to convince all parts of the new German society to subordinate their personal interests to the 'common good' and accept political interests as the main priority of economic organization.\"\"  That sounds pretty well like socialism to me. I'm sorry that the bad men you don't like pointed it out, but that doesn't make it not true.\""}
{"_id": "148681", "title": "", "text": "\"Sadly, most jurisdictions don't think this way when they assign property taxes.  \"\"You have X acres, our standard for this county is $Y per acre, so you owe $XY property taxes.\"\"    And if you tax by dwelling size and features, you are saying a poor person cannot live in a nice house.  Lets say Joe Millionaire buys a fancy $2M house with a fancy pool and all the trimmings.  Sure, Joe Millionaire can afford the high taxes of, say, $20K/year.  But what if Jim Garbageman, who makes only $35K/year spends 10 years and about $100k building a similar nice house out of scrap materials he finds, purchases on sale or on craigslist, etc.  He rents a backhoe and  a gunite gun and builds himself a fancy pool, landscapes it really nice...and the county comes in and says \"\"Well Jim, that's a $2M house, you owe us $20K/year in taxes for it.\"\"  Jim can't afford it, and the county takes his house for unpaid taxes.  Screw you and your efforts, poor person!  And before you say \"\"he can just sell it for $2M\"\" Well, what if he made it unique to his tastes, and no one wants to buy it?  Or the market is bad right now?    And yes, this has happened to someone I know, though the house was valued at $500K, he still couldn't afford the taxes.  And since it was not yet fully finished, he had to sell it for only about $100k, after working on it for several years.  So yes, as long as you want to make sure poor people cannot live in nice places, property tax is the way to go.\""}
{"_id": "148684", "title": "", "text": "\"duffbeer's answers are reasonable for the specific question asked, but it seems to me the questioner is really wanting to know what stocks should I buy, by asking \"\"do you simply listen to 'experts' and hope they are right?\"\" Basic fundamental analysis techniques like picking stocks with a low PE or high dividend yield are probably unlikely to give returns much above the average market because many other people are applying the same well-known techniques.\""}
{"_id": "148715", "title": "", "text": "\"The $10,400 is in the question, in two pieces.  His employer withheld $8000, and her employer withheld $2400.  Thus they paid together $10,400 in income taxes, which are deductible if you itemize deductions and choose income taxes over sales taxes (you can deduct one or the other).  There's nothing \"\"standard\"\" about the amount, though it is standard to take the income tax deduction (almost always higher than sales tax).\""}
{"_id": "148721", "title": "", "text": "\"Funds which track the same index may have different nominal prices.  From an investors point of view, this is not important.  What is important is that when the underlying index moves by a given percentage, the price of the tracking funds also move by an equal percentage.  In other words, if the S&P500 rises by 5%, then the price of those funds tracking the S&P500 will also rise by 5%.  Therefore, investing a given amount in any of the tracking funds will produce the same profit or loss, regardless of the nominal prices at which the individual funds are trading. To see this, use the \"\"compare\"\" function available on the popular online charting services. For example, in Google finance call up a chart of the S&P500 index, then use the compare textbox to enter the codes for the various ETFs tracking the S&P500.  You will see that they all track the S&P500 equally so that your relative returns will be equal from each of the tracking funds.  Any small difference in total returns will be attributable to management fees and expenses, which is why low fees are so important in passive investing.\""}
{"_id": "148728", "title": "", "text": "\"Assuming these are standardized and regulated contracts, the short answer is yes.  In your example, Trader A is short while Trader B is long.  If Trader B wants to exit his long position, he merely enters a \"\"sell to close\"\" order with his broker. Trader B never goes short as you state.  He was long while he held the contract, then he \"\"sold to close\"\". As to who finds the buyer of Trader B's contract, I believe that would be the exchange or a market maker.  Therefore, Trader C ends up the counterparty to Trader A's short position after buying from Trader B.  Assuming the contract is held until expiration, Trader A is responsible for delivering contracted product to Trader C for contracted price.  In reality this is generally settled up in cash, and Trader A and Trader C never even know each other's identity.\""}
{"_id": "148736", "title": "", "text": "Edgy, yeah, but don't drink the Kool-aid just yet, we're trying to raise the bar here and if you're not careful you'll get thrown under the bus. Between you and me, though, that's the kind of outside the box thinking we need if we hope to be at the tip of the spear."}
{"_id": "148745", "title": "", "text": "\"All of these answers are great but I wanted to add one piece of advice from someone who has been married 8 years and been in various financial \"\"situations.\"\" Have one of you (whoever the two of you feel is more organized and more financially responsible) be solely in charge of paying the monthly bills, but keep a spreadsheet or some other tracking mechanism so that the other can monitor this as well. That way if you guys ever decide to switch roles there won't be much of a learning curve. Also, don't do three bank accounts. One or two is enough, more than that starts becoming more difficult to keep track of and if you have any sort of monthly fees on the accounts it also wastes money. My wife and I each have our own account and we get money for each other if necessary. She handles paying the bills but keeps a monthly spreadsheet that has all pertinent info. We have a number and color coding system to determine which paycheck (1st or 2nd of the month) the bill is paid in and whether it has been paid, not paid, or past due (green, yellow, red). Hopefully you don't ever have to see the red color :P\""}
{"_id": "148757", "title": "", "text": "\"I'm answering my own question because in some sense, I alone know the answer. After the review, HMRC decided to waive all penalties (including the initial \u00a3100 penalty for late filing, which I had not appealed against) because \"\"HMRC may not have informed me\"\" about the mounting penalties. I had pretty good evidence that they hadn't informed me as there was a software change and immediately after that I got an initial penalty notice followed a day or so later by the further penalty notice.  But I am happy with the outcome, I wasn't going to argue any further!\""}
{"_id": "148761", "title": "", "text": "Walmart isn't going anywhere anytime soon. There will always be a need for a place to grab a large variety of merchandise then and now. Some others like Target though, are starting to struggle and are trying out a smaller store format and moving away from the suburbs in a last ditch effort to stay relevant. And even mainstream grocers like Kroger have seen their sales dwindle (Aldi, Lidl and such are an enormous threat)."}
{"_id": "148768", "title": "", "text": "\"Once again the egg heads at the NYTs get it wrong.  Health care policy is \"\"hard\"\" because insurance industry float is a significant driver in capital markets.  The message to politicians is clear:  imperil premium capital in-flow at your own risk.\""}
{"_id": "148788", "title": "", "text": "Think it from the womens perspective: interactions with men are not meant to be fun or thrilling and you're not supposed to enjoy sex. You are giving something to the man, and you should be paid. Having a family means giving up your career at marriage, while getting full control of the guy's paycheck.   The interaction between men and women in Japan is the most dysfunctional I know of, forcing career women to stay single and men to abandon interactions with women altogether or only seek out those that are paid to provide a service."}
{"_id": "148844", "title": "", "text": "Minimum wage has only went up $2 in twenty years while housing, gas and education has tripled. Also, the US is the only developed country where people go bankrupt trying to pay medical bills - I know, I am Portuguese finishing my studies here. I never paid more than $100 in anything relating to healthcare. Anything. My first month here, I got sick and stayed at the hospital for about a week. $50k in medical bills.  The fact that we have people defending this greedy and vile society in which people work their entire lives to afford so little, be so miserable, fat and depressed is troubling. I would pick twenty other countries before I picked the US to live in. I had no idea you were so backward thinking, so mean and cynical to each other. Like that one Icelandic woman on Michael Moore's documentary said, you have serious problems of compassion. You don't care if your neighbor succeeds or not. That's a sick society in decline. You're just not aware of it.   If you work full time, I don't care what the job is, you should be able to live a life with dignity."}
{"_id": "148943", "title": "", "text": "Obama got bad press too - and I actively sought out news that wasn't hypercritical. Imagine my surprise when CNN became Fox and Fox became... well its still Fox, but it's less bitchy   The knee jerk assault on his policies actually made me research more of his policies and other conservative view points... dems negativity backfired and they lost me as a voter for a long long time"}
{"_id": "148944", "title": "", "text": "By definition, a monopoly cannot have three separate participants. Don\u2019t misunderstand: there may be work to be done here. I\u2019m saying let\u2019s at least get the words right or nobody is going to listen who isn\u2019t already convinced."}
{"_id": "148948", "title": "", "text": "It ought to be possible to buy a foreign exchange future (aka forex future / FX future). Businesses use these futures to make sure their exchange rate is predictable: if they put a bunch of money into manufacturing things that'll be ready a year later, it helps to know that the currency exchange rate shifts won't wipe out all their profits. If you're willing to take on some of that risk, and if things go your way, you can make money. They are essentially contracts between two private parties to pay each other a certain amount of money based on the movement of the currencies, so the Chinese government doesn't actually need to be involved and no renminbi need to change hands, you can just trade the contracts. Note that the exchange rate is currently fixed by the Chinese government, so you're going to be subject to enhanced levels of political risk, and they may not be as widely available or readily tradable as other foreign exchange futures, so check with a broker before opening your account. I couldn't find them on my personal Etrade account, but a quick Google search reveals CME Group offering some. There are probably others.  Foreign exchange futures are an advanced investing tool and carry risk. Be sure you understand the risk, in particular how much money you can end up on the hook for if things don't go your way. Also remember, futures expire: you're not just betting on the rate changing, but you're betting on it changing within a certain amount of time."}
{"_id": "148964", "title": "", "text": "Scenario A: Scenario B: Scenario C: I have been in both scenario A and scenario B. The new companies had no problem with me opening an FSA under their program."}
{"_id": "148976", "title": "", "text": "I think JohnFx's answer is pretty much the right thing to do. I'd just like to suggest that the budget doesn't have to be fixed. It sounds like you aren't completely sure what an acceptable lifestyle costs for you, and it might feel like a budget locks you into a spending pattern that could end up being unfulfilling, or keep you in debt longer than necessary. To reduce that risk, you could start with a very easy level of contributions, then every month see if you can spend $10-$50 less without sacrificing in the lifestyle department. And eventually if you feel like you're missing out, you can stick with the previous month's budget. You might avoid depriving yourself by starting with something easy, but I think if you make an effort to save money, you'll more likely be surprised how much you can improve your lifestyle while spending less. I like a lot of the advice on Mr. Money Mustache and Early Retirement Extreme, and I'd recommend the introductory sections of both blogs if you ever hit a block at some level of contribution. And one minor (highly situational) comment: You mentioned having less to save if you contribute more, but if you have high interest loans, paying them down early can be (pretty much) a guaranteed very high ROI. So while you might want to prioritize an emergency fund and maybe an employer match first, most saving will probably be less useful than extra contributions."}
{"_id": "148981", "title": "", "text": "Skiffbug is not English... rather,  just another guy that realizes he had achieved nothing of value,  therefore finds it completely acceptable to demand changes that will in no way affect him or his pocket book,  ie...a douchebag."}
{"_id": "148991", "title": "", "text": "B\u00f4nus 50 e 70% sobre o dep\u00f3sito. Confirme seus dados pessoais ao abrir sua conta RoboForex e Ganhe Dinheiro. Exemplo: voc\u00ea deposita US$100,00 por\u00e9m na sua conta entra US170,00. E mais: a RoboForex cobre qualquer taxa de dep\u00f3sito. N\u00e3o espere, pegue seu B\u00f4nus hoje mesmo! CLIQUE AQUI! http://www.roboforex.pt/operations/verified-customer/"}
{"_id": "148998", "title": "", "text": "Ok I read the article and yeah I'm completely off topic. It's opening up the possibly for people to create apps etc or retrieve information from it. I guess an example would be a booking site linked to airbnb availability. Maybe we'll see a combo site including hotel space availability as well as airbnb availability. I've also heard of VRBO if that's a real thing."}
{"_id": "149004", "title": "", "text": "You should try to take out other loans sufficient to pay off your 401(k) loan if you can.   Maybe you can take out a home equity loan?  You can also ask your bank about unsecured loans.  You should also check the rules for your new employer's 401(k), if you're rolling over your 401(k).  There's a small possibility that you could take out another loan right now and apply it to the previous loan balance. Or if you need to wait, you could use it to help pay off any temporary loans that were needed to avoid the distribution penalty."}
{"_id": "149006", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.usnews.com/news/world/articles/2017-05-31/coal-solar-stocks-fall-as-us-set-to-ditch-paris-climate-deal) reduced by 81%. (I'm a bot) ***** &gt; NEW YORK/LOS ANGELES - U.S. coal company shares dipped alongside renewable energy stocks on Wednesday after reports that President Donald Trump plans to pull the United States from a global accord on fighting climate change.  &gt; The market reaction reflects concerns, raised by some coal companies in recent months, that a U.S. exit from the Paris Climate Agreement could unleash a global backlash against coal interests outside the United States.  &gt; Peabody was among a handful of big coal companies that had argued that Trump should stay in the deal to help protect coal industry interests overseas, including by ensuring funding for coal-fired power plants and so-called &amp;quot;Clean coal&amp;quot; technology.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6en5c4/coal_stocks_fall/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~134065 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **coal**^#1 **percent**^#2 **Trump**^#3 **us**^#4 **Paris**^#5\""}
{"_id": "149013", "title": "", "text": "Once you declare the amount, the CBP officials will ask you the source and purpose of funds. You must be able to demonstrate that the source of funds is legitimate and not the proceeds of crime and it is not for the purposes of financing terrorism. Once they have determined that the source and purpose is legitimate, they will take you to a private room where two officers will count and validate the amount (as it is a large amount); and then return the currency to you. For nominal amounts they count it at the CBP officer's inspection desk. Once they have done that, you are free to go on your way. The rule (for the US) is any currency or monetary instrument that is above the equivalent of 10,000 USD. So this will also apply if you are carrying a combination of GBP, EUR and USD that totals to more than $10,000."}
{"_id": "149032", "title": "", "text": "It depends on your bank and your terms of service, but using the card one way or the other may affect things such as how long it takes to process, what buyer protections you have, etc.  It also affects the store as I believe they are charged differently for debit vs credit transactions."}
{"_id": "149037", "title": "", "text": "The issue is that no one wants to be paid in Yuan.... so that leaves only those who don't want to be paid in dollars.   Will gold increase -- maybe marginally because of this. But world financial markets are doing slightly better which means that the price of gold will remain low for a bit a longer."}
{"_id": "149047", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/8/30/16220134/universal-basic-income-roosevelt-institute-economic-growth) reduced by 95%. (I'm a bot) ***** &gt; A full universal basic income, in which every adult gets $1,000 a month A partial basic income, in which every adult gets $500 a month A child allowance, in which every child gets $250 a month They find that enacting any of these policies by growing the federal debt - that is, without raising taxes to pay for it - would substantially grow the economy.  &gt; Thus, they find that a full $12,000 a year per adult basic income, paid for with progressive income taxes, would grow the economy by about 2.62 percent and expand the labor force by about 1.1 million people.  &gt; Correspondingly, enacting big tax increases to pay for a basic income would be predicted to hurt the economy.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x0avf/study_a_universal_basic_income_would_grow_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201279 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **income**^#2 **percent**^#3 **economy**^#4 **taxes**^#5\""}
{"_id": "149051", "title": "", "text": "Yeah,  but the direct flight to Seattle is too long from the east coast. Southern California has Hollywood, Amazon video studio +1, 3 major ports of America because they are on the top 20 ports of America  (( LA, long Beach and san Diego) (LA is number 1, long Beach is 2, 3 is new York and New Jersey Port authority means MULTIPLE PORTS and 4 is the Seattle and Tacoma authority which also means the same shit.)) Good universities, California tech, ucla and usc to name a few. They are close to companies like boeing, Raytheon and Lockheed,(all withing 50 miles of each other from some reason)East coast is good for finance but is good a headquarters have to mean its close to their other branches? East coast is good only known for their investment banking. I don't know I'm just some drunk guy on the internet. But in my opinion California is the 6th? largest economy in the world and yes, if a yuppie city is willing to give you 5 billion to go there massive amount of resources compared to Memphis, New Jersey and what not just because a hq has to close to what\ud83d\ude35? Think farther, go south, Mexico and south America. Hq1 USA and Canada and hq2 south America..."}
{"_id": "149062", "title": "", "text": "&gt;The people that are successful are the ones who had the wisdom, intelligence, and/or drive to capitalize on that moment.   And were lucky enough to have had parents who gave them the genetic predisposition to act that way. You could have just been born an idiot, or in a location where you would not be given that moment, and there is nothing you can do to stop that."}
{"_id": "149066", "title": "", "text": "Not sure if it's 100% perceived. If shipping by boat takes 2 weeks and plane takes 2 days you can roughly calculate the worth of the mining that would be derived from those 12 days of mining. If it is more then the cost to rent a plane then you are really only speculating a short time into the future."}
{"_id": "149069", "title": "", "text": "Investments earn income relative to the principal amounts invested. If you do not have much to invest, then the only way to 'get rich' by investing is to take gambles. And those gambles are more likely to fail than succeed. The simplest way for someone without a high amount of 'capital' [funds available to invest] to build wealth, is to work more, and invest in yourself. Go to school, but only for proven career paths. Take self-study courses. Learn and expand your career opportunities.  Only once you are stable financially, have minimal debt [or, understand and respect the debt you plan to pay down slowly, which some people choose to do with school and house debt], and are able to begin contributing regularly to investment plans, can you put your financial focus on investing. Until then, any investment gains would pale in comparison to gains from building your career."}
{"_id": "149071", "title": "", "text": "This was exactly the right move. America's cities are run by democrats, but uber is one of the most free-market, capitalistic companies out there. Plouffe is a respected figure in liberal circles with the right connections to get inside these city councils and mayor's offices."}
{"_id": "149081", "title": "", "text": "I think it's because there are people who build entire wealth-gain strategies around certain conditions.  When those conditions change, their mechanism of gaining wealth is threatened and they may take a short term loss as they transform their holdings to a new strategy."}
{"_id": "149087", "title": "", "text": "Tampa Technology Co., LTD is a leading supplier of small engine parts from China. We always provide our customers with the highest quality products and the best service. Over the years, our products have been highly appreciated in the world, especially by the customers from the United States and Europe."}
{"_id": "149100", "title": "", "text": "\"Probably people like me who thought they'd turned it all off.   For the iphone:   Settings -- Privacy -- Location Services -- System Services   There you'll see a bunch of system services you probably don't need but (if my phone is any indication) are used pretty regularly to get location data on you. Some may be okay with you, but worth checking out.     A few things I looked up:   **Cell Network Search** - it's monitoring for Apple's benefit, having this on doesn't do anything for you; turning it off won't affect using your phone   **Compass Calibration** - your maps will work fine without this, and you can still calibrate the compass while using it; having it on just lets them ... check location to calibrate a compass you're not using?   **Motion Calibration &amp; Distance** - for fitness stuff like tracking steps   **Setting Time Zone** - if you don't travel between time zones often, you probably don't need Apple checking your location every day to constantly \"\"set time zone\"\"\""}
{"_id": "149102", "title": "", "text": "Assuming that partial payments are held (without interest) until enough money has accumulated to make at least a full payment, and assuming that overpayments are applied toward principal, a strategy of making three $\u00a096.00 payments per month will shorten your amortization period by less than one month.  These calculations assume that the interest rate is 12.5 percent APR, compounded monthly (with an APY of 13.2416 percent). Instead of 71 payments of $\u00a0285.56 plus a final payment of $\u00a0285.38, you would make the equivalent of 71 payments of $\u00a0288.00 plus a final payment of $\u00a028.10. If you make one $\u00a096.00 payment every ten days, you will make an average of 36.5\u2026 partial payments per year, instead of 36 partial payments per year.  This will speed up your loan amortization by about another month-and-a-half over the course of the 72 month loan.  One month of shortening is due to the extra principal payments, and the other half-month is due to interest savings.   To a second approximation, this strategy is similar to paying $\u00a0292.00 per month for 69 months plus a final payment of $\u00a0195.38.  In other words, this strategy will probably involve about 212 payments of $\u00a096.00 each, possibly with a small 213th payment."}
{"_id": "149133", "title": "", "text": "Speaking as a liberal arts graduate working in a big financial firm: liberal arts graduates tend to have a generalist's perspective that lends itself well to picking up skills on the job, and are often very good at communicating very complex information in a digestible format.  For instance, one of the MAJOR complaints where I work is that there is a higher tendency among employees with STEM backgrounds to be very anti-social when interacting with clients. They are very good at the specific tasks they are trained to do, but absolutely abysmal when it comes to building business relationships, internally and externally.  To put the above in perspective, I consider myself to be a reserved person, but at work I feel like a social butterfly compared to a good chunk of my colleagues. It's very odd."}
{"_id": "149148", "title": "", "text": "&gt; Queuing for service also occurs in the US...   Agreed, we have that in addition to cost inflation. When I refered to countries with massive government involvement, I was not excluding us. Really our system is little different that that of the Netherlands.  Nothing more on the boomers? I didn't see you mention them again..."}
{"_id": "149153", "title": "", "text": "In most markets, there are fixed fees known as commissions. For instance, with a retail broker in the stock market, you can expect every trade to cost you $7.00 as an example, it is $7.00 regardless of if you place a trade for $25 or $25,000. You will see that just opening the trade, with a smaller amount, will eat up all of your profits and a majority of your capital, but if you opened the trade with more capital through the investment group, then the $7.00 commission will be much less of a tax on your trade. Basically, the only advantage is that the tax of commissions will be less if you have a larger account, if the commission is a fixed dollar value, which is not always true either. regardless, at $25 per month, not many markets will be accessible. There is also the possible educational aspect of investing with a group of people, or it can simply be clashing ideals."}
{"_id": "149170", "title": "", "text": "&gt; The report I linked to appears to disagree with you about the numbers.  I can't remember the report you linked anymore but prior to 2010/2011 (drawdown) there was only a single point (2007/2008) where contractors outnumbered troops, and it was by (iirc from the chart) 30-40k. USAID had 53k contractors under them at that time. The math there means that, at no point prior to the drawdown, did DoD contractors outnumber DoD personnel.  &gt;I wonder how it works out from a budgetary perspective for the professional mercenary companies, who I've read get paid massive amounts, which, I imagine, must irritate those doing similar work for government pay. People like Blackwater and their ilk.  That was the contracting work that I did. The military guys are just envious (but in a pretty positive way - certainly not hatin') and the government civilians can be annoyed but largely don't care. Everyone is in the same boat, pretty much - you're all there together. The military guys know that if they want to do contracting they need to follow a certain career path which they either choose not to pursue or can not.   State Department employees had the biggest problem with it because a) contractors fuck all of their women and b) they make more than the Staties without having a degree. It's very much a classist thing, and they are on the losing end of it. Kids educated at Cornell and now playing diplomat don't appreciate that.  Pay (for me) was $675 a day for some of the time, $1125 a day for the other part. It was decent pay, I worked 4 hours a day on average, and I got to work out a lot, but the food sucked and there were too few girls. And the ones that were there... you didn't want them. Or at least I didn't. But I've seen some of the best looking guys I've ever met dick down some ugly girls in country, and there was no way that I was about to fight with them over the (stretch marked or busted looking) scraps."}
{"_id": "149178", "title": "", "text": "\"That's just his base salary for last year.  Keep reading in the article: He also received $1.6 million worth of securit[ies]. Plus, he's probably earned plenty in salary, bonuses, and other compensation in previous years to more than keep up his lifestyle.  He can also sell (relatively) small amounts of the stock he already owns to get millions in cash without raising an eyebrow. how are people able to spend more than what they make, without going into debt? Well, people can't spend more than they have without going into debt. Certainly money can be saved, won, inherited, whatever without being \"\"earned\"\".  Other than that, debt is the only option. That said, MANY \"\"wealthy\"\" people will spend WAY more than they have by going into debt.  This can be done through huge mortgages, personal loans using stock, real estate, or other assets as collateral, etc.  I don't know about Bezos specifically, but it's not uncommon for \"\"wealthy\"\" people to live beyond their means - they just have more assets behind them to secure personal loans, or bankers are more willing to lend them unsecured money because of the large interest rates they can charge.  Their assumption is presumably that the interest they'll pay on these loans is less than the earnings they'll get from the asset (e.g. stock, real estate).  While it may be true in some cases, it can also go bad and cause you to lose everything.\""}
{"_id": "149188", "title": "", "text": "Most bank robbers do it to support drug habits.  Given already poor decision making skills (i.e. getting hooked, robbing a bank once) and combining it with chemical cravings means you'll see idiotic repeat bank robberies like that as long as we have banks to rob."}
{"_id": "149196", "title": "", "text": "That's a serious thing.  After Orlando, wasn't there a thing about a rise in gun sales to LGBT customers?  A lot of people really fear Trump / Republicans / Religious Right / Gasoline / Beef, so they might want to arm up a little more than they did under Obama.  (I've been to enough gun ranges to know that they are bi-partisan.)"}
{"_id": "149198", "title": "", "text": "To answer your question directly, this is a taxable benefit that they are providing for you in lieu of higher wages. It is taxable to the employee as income and through payroll taxes. It is taxable to the employer for their half of the payroll taxes."}
{"_id": "149201", "title": "", "text": "For a complete example, do a little research on Monticello MN FiberNet. The project took 7 years to get going, including a court battle. The incumbent ISP fought tooth and nail to stop competition.  Now you can get 30 mb up/down fiber for $50/month. Probably one of the best prices you'll find anywhere in the state. And that scares every shitty dsl provider around.  Source: Minnesotan, not from Monticello and currently paying $30/mo for 3/1.5 mb dsl and getting shitty fucking customer service.  edit: Android thinks I shouldn't curse."}
{"_id": "149210", "title": "", "text": "If you are the only contributor to the premiums, you will not owe income taxes on the benefits. Only the portion of the benefits you receive which were paid by your employer are taxable. Source: IRS 'Life Insurance & Disability Insurance Proceeds' Question: I am receiving long-term disability. Is it considered taxable? If you pay the entire cost of a health or accident insurance plan, do not include any amounts you receive for your disability as income on your tax return EDIT: In regards to @NateEldredge's comment: If you are inquiring about the premiums, then yes, you have to pay income tax on the portion of income that pays the premiums (it's a post-tax expense and is not tax-deductible)"}
{"_id": "149211", "title": "", "text": "Stock price = Earning per share * P/E Ratio. Most of the time you will see in a listing the Stock price and the P/E ration. The calculation of the EPS is left as an exercise for the student Investor."}
{"_id": "149215", "title": "", "text": "Both of my primary home purchases were either at, or close to asking price. My first house was during the local seller's market in 2001-2002. There were waiting lines for open houses. In hindsight we bought more home than we needed at the time but that had nothing to do with offering asking price. It was the market for the type of property (location and features) at that time. My second house was a little after the peak in 2008. The value had come down quite a bit and the property was priced on the low side versus the comps. To this day my second house still appraises higher than what we paid for it even though it was at asking price. As a third example, my brother-in-law got into a bidding war on his first home purchase and ended up buying it for above asking price. This was normal for the houses in the area he was looking at. With real estate, like other people have said, it really is important to either know the area you are looking at or to get an agent you trust and have them explain their reasons for their offer strategy through the comps. Yes agents need to make money but the good ones have been in the business a while and also live off of repeat business when you sell your house or refer friends and family to them. Agents do a lot less work when it comes to selling by the way so they would love for you to come back to them when it's time to sell. If I'm not happy with the way things are going with my agent I would have a heart to heart with them and give them a chance to correct the relationship. I've spoken to a realtor friend in the past about getting out of buyer's contracts and he told me it's a lot easier as a buyer than a seller. The buyer has most of the power during the process. The seller just has what the buyer wants."}
{"_id": "149225", "title": "", "text": "This whole article is about politics, not about business. Just because the douche who is trying to make a statement about partisan politics makes a front page of a business section; just because he happens to do business, doesn't make the topic business. It's the ensuing pedantic arguments and quibbles about this and that which really make it about politics. if it were about about business it would be a question of profitability, efficiency or markets, not about some jerk who says he is going to try to ruin the lives of many people because of something that might effect his companies bottom line after ancillary effects make their way down the road to him."}
{"_id": "149252", "title": "", "text": "To answer the specific question of whether you can get the bill reduced without hurting your credit, yes, as long as the bill never goes to collections, there's no reason it should ever show up on your credit report. Will they reduce your bill without sending it to collections first? Maybe. All you can do is ask."}
{"_id": "149256", "title": "", "text": "Na\u00efve?  I imagine I'm a few decades older than you are.  And I'm pretty sure you've never lost your job with a family to feed or you wouldn't be so cocksure that the loss of thousands of jobs was an unalloyed good thing.  I also addressed his point perfectly well in my last sentence.  To clarify it for you, yes, I believe that bad businesses will have to go, and since most of them today are bad, there will be a collapse and millions of people will suffer tremendously.    It's inevitable but it's really hard not to feel for the people who are suffering now and the millions more who will suffer in the future.  My only hope is that some sort of better system will come out of the ruins..."}
{"_id": "149258", "title": "", "text": "I would have been tempted to dismiss your claim, but the data I found shows that you're correct. On the plus side, the growth rate in credit union market share is higher in New York than it is in California. While there is no question that bankers hate credit unions, I can't tell you why credit unions have a smaller market share in NY. Maybe the regulatory environment is part of it. Banks have a big lobby, and they pay a lot of taxes in NYC."}
{"_id": "149259", "title": "", "text": "Personally, I started renting out because I couldn't afford to buy a place but now I'm quite comfortably past that point.  My three main issues are: These views aren't for everyone but I find it hard to seriously contemplate dealing with 2 while 1 and 3 are issues.   To be honest, I found that I learned a lot sharing a place for the first few years and still enjoying it now.  I don't really think you should bring it down to a financial issue unless your decision is already made."}
{"_id": "149275", "title": "", "text": "The Laffer curve is taught in like the first week of a macro Econ class. You could raise the tax rates to 99% and still collect less tax revenue than if they are at a reasonable rate. But of course there's no mention of that. So I'm gonna go out on a limb and call it what it really is: ideologues championing their agendas."}
{"_id": "149291", "title": "", "text": "Depends on the type and scope of your business. I am very strongly considering starting my own mobile app business while unemployed to fill the employment gap. The odds of turning a decent profit are probably low, but my overhead is so low that my risk is virtually zero. Just as long as it helps me get work later on, I will have accomplished my goals."}
{"_id": "149298", "title": "", "text": "I think it all boils down to choosing the right people to work for you whether they might be a local or from the other side of the world (outsourced).  What matters is they are able to do the work well. Saving on costs is just an added benefit."}
{"_id": "149303", "title": "", "text": "I have a few recommendations/comments: The trick here is to make it clear to the dealer that you will not be getting a new car from them and their only hope of making some money is to sell you your own car. You need to be prepared to walk away and follow through. DON'T buy a new car from them even if you end up turning it in! They could still come back a day later and offer a deal. Leasing a new car every 3 years is not the best use of money. You have to really, really like that new car feeling every three years and be willing to pay a premium for it. If you're a car nut (like me) and want to spend money on a luxury car, it's far wiser to purchase a slightly used luxury vehicle, keep it for 8+ years, and that way you won't have a car payment half the time!"}
{"_id": "149305", "title": "", "text": "\"Appreciation of a Capital Asset is a Capital Gain.   In the United States, Capital Gains get favorable tax treatment after being held for 12 months. From the IRS newsroom: Capital gains and losses are   classified as long-term or short-term,   depending on how long you hold the   property before you sell it. If you   hold it more than one year, your   capital gain or loss is long-term. If   you hold it one year or less, your   capital gain or loss is short-term. The tax rates that apply to net   capital gain are generally lower than   the tax rates that apply to other   income. For 2009, the maximum capital   gains rate for most people is15%. For   lower-income individuals, the rate may   be 0% on some or all of the net   capital gain. Special types of net   capital gain can be taxed at 25% or   28%. The IRS defines a Capital Asset as \"\"most property you own\"\" with a list of exclusions found in Schedule D Instructions.  None of the exclusions listed relate to Bond ETFs.\""}
{"_id": "149306", "title": "", "text": "This is allowed somewhat infrequently.  You can often purchase stocks through DRIPs which might have little or no commission.  For example Duke Energy (DUK) runs their plan internally, so you are buying from them directly.  There is no setup fee, or reinvestment fee.  There is a fee to sell. Other companies might have someone else manage the DRIP but might subsidize some transaction costs giving you low cost to invest.  Often DRIPs charge relatively large amounts to sell and they are not very nimble if trading is what you are after. You can also go to work for a company, and often they allow you to buy stock from them at a discount (around 15% discount is common). You can use a discount broker as well.  TradeKing, which is not the lowest cost broker, allows buys and sells at 4.95 per trade.  If trading 100 shares that is similar in cost to the DUK DRIP."}
{"_id": "149308", "title": "", "text": "Perhaps you haven't been following the news, but much of the protesting coming from young people around the world is in response to increasing tution costs. Montreal had a 30,000 person march just last week made up mostly of college students. I'd really love to know what countries you're referring to."}
{"_id": "149323", "title": "", "text": "&gt;Some argue shareholder capitalism has proven more efficient. It has moved economic resources to where they're most productive, and thereby enabled the economy to grow faster.  Sure, but there isn't much in this growth for the regular Joe. I am saying this because of the growing wealth disparity on one hand, and the very-slowly-changing face of the Third World."}
{"_id": "149339", "title": "", "text": "I think this is really two questions: Dumbcoder has already answered part 1 in a comment - either just wire the money from the Japanese bank account to the UK bank account (either bank should be able to help you with the details of this) or if your Japanse bank also has a UK operation you may be able to do it within the same bank.  As for part 2 - if you are looking for a mortgage then many high street mortgage providers (banks) will want proof of your savings up front. They may or may not accept Japanese bank statements; all you can do is ask the question. You would probably also need to ask your Japanese bank if they can provide statements in English.  If you find that most or all of the high street banks will not accept this as proof of assets, or that they demand that the money is in the UK for a period of time first, then you might have more luck with a mortgage broker who can deal with the specialist requirement. If you do find a mortgage provider who is happy to accept Japanese bank statements as proof of assets then you would simply need to wire the money direct from your bank in Japan to the UK bank of your solicitor at or shortly before the point when the deposit becomes due (usually at exchange of contracts)."}
{"_id": "149341", "title": "", "text": "\"I'd recommend an online FX broker like XE Trade at xe.com.  There are no fees charged by XE other than the spread on the FX conversion itself (which you'll pay anywhere). They have payment clearing facilities in several countries (including UK BACS) so provided you're dealing with a major currency it should be possible to transfer money \"\"free\"\" (of wire charges at least).  The FX spread will be much better than you would get from a bank (since FX is their primary business). The additional risk you take on is settlement risk.  XE will not pay the sterling amount to your UK bank account until they have received the Euro payment into their account.  If XE went bankrupt before crediting your UK account, but after you've paid them your Euros - you could lose your money. XE is backed by Custom House, which is a large and established Canadian firm - so this risk is very small indeed. There are other choices out there too, UKForex is another that comes to mind - although XE's rates have been the best of those I've tried.\""}
{"_id": "149342", "title": "", "text": "In reading the Moody's report I found it funny that 2 notches worth of Morgan Stanley's rating id due to the benefit from implied TBTF protection.  So here we are 4 years after the crisis and Morgan Stanley still has 2 notches of creditworthiness due to still being TBTF.  So without that MS would be one notch above junk."}
{"_id": "149348", "title": "", "text": "I'm okay if the union sticks up for those only in the Union. If I get a pay raise because of my union affiliation, you don't deserve the same benefits. For what it's worth, in many other countries they've always sided with the Union.   To me this is a a direct attack on the middle class. If it hasn't already eroded enough it's only going to get worse."}
{"_id": "149357", "title": "", "text": "\"While I can appreciate you're coming from a strongly held philosophy, I disagree strongly with it.  I do not have any 401k or IRA I don't like that you need to rely on government and keep the money there forever. A 401k and an IRA allows you to work within the IRS rules to allow your gains to grow tax free. Additionally, traditional 401ks and IRAs allow you to deduct income from your taxes, meaning you pay less taxes. Missing out on these benefits because the rules that established them were created by the IRS is very very misguided. Do you refuse to drive a car because you philosophically disagree with speed limits?  I am planning on spending 20k on a new car (paying cash) Paying cash for a new car when you can very likely finance it for under 2% means you are loosing the opportunity to invest that money which can conservatively expect 4% returns annually if invested. Additionally, using dealership financing can often be additional leverage to negotiate a lower purchase price.  If for some reason, you have bad credit or are unable to secure a loan for under 4%, paying cash might be reasonable.  The best thing you have going for you is your low monthly expenses. That is commendable.  If early retirement is your goal, you should consider housing expenses as a part of your overall plan, but I would strongly suggest you start investing that money in stocks instead of a single house, especially when you can rent for such a low rate. A 3 fund portfolio is a classic and simple way to get a diverse portfolio that should see returns in good years and stability in bad years. You can read more about them here: http://www.bogleheads.org/wiki/Three-fund_portfolio You should never invest in individual stocks. People make lots of money to professionally guess what stocks will do better than others, and they are still very often wrong. You should purchase what are sometimes called \"\"stocks\"\" but are really very large funds that contain an assortment of stocks blended together. You should also purchase \"\"bonds\"\", which again are not individual bonds, but a blend of the entire bond market.  If you want to be very aggressive in your portfolio, go with 100-80% Stocks, the remainder in Bonds. If you are nearing retirement, you should be the inverse, 100-80% bonds, the remainder stocks.  The rule of thumb is that you need 25 times your yearly expenses (including taxes, but minus pension or social security income) invested before you can retire. Since you'll be retiring before age 65, you wont be getting social security, and will need to provide your own health insurance.\""}
{"_id": "149360", "title": "", "text": "There are quite a few advantages to credit cards in the uk. But don't borrow on them past the grace period. Set up a direct debit to pay amount in full."}
{"_id": "149367", "title": "", "text": "\"If you have wage income that is reported on a W2 form, you can contribute the maximum of your wages, what you can afford, or $5500 in a Roth IRA.   One advantage of this is that the nominal amounts you contribute can always be removed without tax consequences, so a Roth IRA can be a deep emergency fund (i.e., if the choice is $2000 in cash as emergency fund or $2000 in cash in a 2015 Roth IRA contribution, choice 2 gives you more flexibility and optimistic upside at the risk of not being able to draw on interest/gains until you retire or claim losses on your tax return).  If you let April 15 2016 pass by without making a Roth IRA contribution, you lose the 2015 limit forever.  If you are presently a student and partially employed, you are most likely in the lowest marginal tax rate you will be in for decades, which utilizes the Roth tax game effectively.   If you're estimating \"\"a few hundred\"\", then what you pick as an investment is going to be less important than making the contributions.  That is, you can pick any mutual fund that strikes your fancy and be prepared to gain or lose, call it $50/year (or pick a single stock and be prepared to lose it all).  At some point, you need to understand your emotions around volatility, and the only tuition for this school is taking a loss and having the presence of mind to examine any panic responses you may have.  No reason not to learn this on \"\"a few hundred\"\".  While it's not ideal to have losses in a Roth, \"\"a few hundred\"\" is not consequential in the long run.   If you're not prepared at this time in your life for the possibility of losing it all (or will need the money within a year or few, as your edit suggests), keep it in cash and try to reduce your expenses to contribute more.  Can you contribute another $100?  You will have more money at the end of the year than investment choice will likely return.\""}
{"_id": "149384", "title": "", "text": "Would you consider the owner of a company to be supporting the company? If you buy stock in the company you own a small part of that company. Your purchase also increases the share price, and thus the value of the company. Increased value allows the company to borrow more money to say expand operations. The affect that most individuals might have on share price is very very small. That doesn't mean it isn't the right thing for you to do if it is something you believe in. After all if enough people followed those same convictions it could have an impact on the company."}
{"_id": "149415", "title": "", "text": "Russian, Ukrainian, Moldovan, Belorussian??? Sorry, still not treated the same as French/German women...  Look at student visa, Some Unis have a summer school program where you can get a student visa for three months... (like full time year studying.) Good luck!"}
{"_id": "149419", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.lse.edu/internationalDevelopment/publications/Working-Papers/WP176-TeddyBrett.aspx) reduced by 60%. (I'm a bot) ***** &gt; It creates asym-metrical relationships between donors and recipients that succeed when their interests can be can harmo-nised but not when they conflict.  &gt; These relationships and strategies have changed radically since the war in response to changes in the global system, policy paradigms, and crises.  &gt; We review these processes, treat-ing aid relationships as a structural component of the global system; review the different strategies adopted by donors since the war that culminated in the recent Paris Declaration and Sustainable Development Goals calling for poverty reduction and good governance.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6skcpg/explaining_aid_ineffectiveness_the_political/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~186761 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **donors**^#1 **relationships**^#2 **system**^#3 **global**^#4 **aid**^#5\""}
{"_id": "149420", "title": "", "text": "The shift to trading at the close began in 2008. Traders did not want to be caught off guard by surprise news and there was a lot of volatility during the financial crisis, so they would close their position in the evening. Thats how it began. There are two reasons why it sticks around. First, there has been an increase usage of index funds or passive funds. These funds tend to update their positions at the end of the day. From the WSJ: Another factor behind the shift has been the proliferation of passively managed investments, such as index funds. These funds aim to mimic an index, like the S&P 500, by owning the shares that comprise it. Index funds don\u2019t trade as often as active investors, but when they do, it is typically near the market close, traders say. That is because buying or selling a stock at its closing price better aligns their performance with the index they are trying to emulate. The second reason is simply that volume attracts volume. As a result of whats mentioned above, you have a shift to end of day trading, and the corrolary to that is that there is a liquidity shortage from 10am to 3pm. Thus, if you want to buy or sell a stock, but there are few buyers or sellers around, you will significant move the price when you enter your order. Obviously this does not affect retail traders, but imagine hedge funds entering or closing a billion dollar position. It can make a huge impact on price. And one way to mitigate that is to wait until there are more market participants to take the other end of your trade, just as at the end of the day. So this is a self-reinforcing trend that has begun in the markets and will likely stick around. http://www.wsj.com/articles/traders-pile-in-at-the-close-1432768080"}
{"_id": "149466", "title": "", "text": "how safe is my money As safe as it can get. Most Banks would be registered under FDIC. See the list here if a specific bank is covered or not. Bank of America is covered. How does this work, and is there something I need to do so I am covered by it? Should I be getting a certificate or something?Is BOA under the scope of this Deposit insurance? It only covers if the bank fails, i.e. goes bankrupt. The FDIC steps in and either oversees a merger of the failed bank with another bank, or in the worst case, pays the depositors upto $250,000.  Does it cover me if someone steals my money? The FDIC does not cover if someone steals your money. if someone hacks my computer and transfers all my money? This will be determined on a case to case basis. If the loss of money is because of your negligence, i.e. you gave your password etc to someone else or did not take enough precautions to safegaurd ... including allowing someone to hack you computer ... in such cases it is a crime and you would need to file police complaint and the bank will on best effort basis try and reverse the transfer. If this was due to the bank's error; i.e. Bank did not ensure right controls/security was in place resulting in loss of your money, the bank is liable and will pay you back. So cases like someone forged your signature on a check etc. are the bank's responsibility."}
{"_id": "149482", "title": "", "text": "\"Just one further point to add to what everyone else has said. There are no oil rigs or platforms \"\"off the shores of Liverpool\"\". Liverpool is on the west coast of England, on the oil-free Irish Sea. The UK's oil industry is in the North Sea, to the north-east. Aberdeen would be the correct city.\""}
{"_id": "149483", "title": "", "text": "I'm working on some banking-related research, and have run into a problem: financial data switches between using RSSDIDs and FDIC certs to identify individual banks. I'm looking for an efficient way to convert between ID types or include both, as I am merging large financial data sets that each use different ID types. I have found [this](https://www.ffiec.gov/nicpubweb/nicweb/searchform.aspx), which allows for conversion one-by-one. However, I'm working with a very large set of bank data, and would really appreciate a more efficient way to do this. Does anyone know of a data set that matches certs to RSSDIDs?  edit: just in case someone else needs it, the call report bulk downloads on the ffiec site have both the CERTs and RSSDIDs, so you can use those."}
{"_id": "149489", "title": "", "text": "They don\u2019t grind down profits because they don\u2019t want to pay taxes. They have no need to turn a profit because the premium people are willing to pay to amazon for their stock is so high that their cost of capital is essentially negative. In amazon\u2019s world, any retained profits reflect a lack of investment in growth or willingness to take risk, and because their capital is so cheap, this essentially means that turning a profit is a lack of investment in growth.  You could make an argument that tax law has not kept pace with the reality of the technological revolution, but to argue amazon\u2019s primary driving motive is to avoid taxes is just silly."}
{"_id": "149493", "title": "", "text": "\"For this to work, those who control the dilution must also control their salaries because the only way for them to be paid off when it's the corporation itself selling is to gain access to the proceeds. When a corporation sells newly issued equity, the corporation itself owns the money.  To at least have the appearance of propriety, the scammers must be paid those proceeds.  Both actions imply that the board is captured by the scammers. There are many corporations that seem to do this even with persistently large market capitalizations. The key difference between this and pump-and-dump is that its a fraudulent group of investors selling in this case instead of the corporation itself. A detailed simple example Corporations are mandated by law to be little oligarchies; although, \"\"republic\"\" is now becoming more appropriate with all of the new shareholder rights.  A corporation is controlled at root by the board of directors who are elected by the shareholders.  The board has no direct operational control, as that is left to the \"\"king\"\", the CEO; however, the board does control what everyone wants access to: the money. Board members have all sorts of legal qualitative mandates on how to behave, and they've functioned fairly decently efficiently over the long run, but there are definitely some bad apples. Boards are somewhat intransigent since it's difficult to hold board elections, and usually only specific board members are put up for election by a shareholder vote, so a bad one has the potential to really get stuck in there.  Once a bad one is in there, they don't care because they know it will be tough to get them out, so they run roughshod over the company's purse. Only the board can take action on major funding such as the CEO's operating budget, board compensation, financing, investment, etc, some with shareholder approval, some without.  The corporation itself owns all of those assets, but the board controls them. In this example, they scheme with most likely the top executive, but a rubber stamp top executive could allow a lower rung to scheme with the board, but the board is always constant until the law is changed. Because there's no honor amongst thieves, the board votes which can require some combination of executive and shareholder approval are taken very close together: sell shares, increase salaries to key executive schemers, increase board compensation.  The trusting shareholders believe this is in the best interests of the company at large so go along. So the money flows from existing & new shareholders to the corporation now controlled by a malicious board and then finally to the necessary malicious executive and the vital malicious board.\""}
{"_id": "149500", "title": "", "text": "I see two advantages to not paying student loan debt off more quickly: For #1, however, there are plenty of other ways to build credit and I don't see this as being worth the downsides of not paying off the debt more quickly. In fact, in the United States student loan debt cannot be written off if you go bankrupt. This is important to know and understand. I would generally advise you to pay down your student loans as quickly as you can reasonably do so."}
{"_id": "149516", "title": "", "text": "\"So the main reason that you aren't getting answers is that the question is not really answerable on this site without putting a lot of details about the expenses of your company online.  Even then you will need someone who specializes in Canadian taxes to go through those details to be sure.  Most of those people feel like they should be paid a decent amount per hour to go through the details. That being said, I dealt with a similar question for my contract work company by just taking a couple weekends and calculating the taxes myself on estimated numbers.  It was time consuming but not really that hard.  I thought I might have to buy software, but all I needed was a small calculator.  Along the way I learned a few details that helped me lower my overall tax exposure. I found that Neil was generally correct that you are \"\"taxed on profits\"\" but it is worth doing the taxes yourself because the details can really matter.\""}
{"_id": "149526", "title": "", "text": "Just to support this, I'm working in front-office equities right now and this describes us pretty well. We have a pretty open set-up, but still with waist-high cubicles. Our traders are only about 6m away from my desk though, so it's not always that quiet.  FI people are scary, I don't go over there."}
{"_id": "149534", "title": "", "text": "http://buytwitchviewers.socialyup.com : If you are looking for the best service providing firm in the market to buy Twitch viewers fast then you can go through any reliable online marketing portal. This way, you will get the maximum viewers at the cost effective price."}
{"_id": "149535", "title": "", "text": "\"Look at how much tax you paid last year, including withholding and any additional amount that might have been due with the tax return. Look at the instructions for the W-4 form, which sets how much tax you want your employer to withhold. Adjust the numbers on that form until the total withheld during the year is close to what you expect this year's total to be -- remember, though, that there's no penalty for over-withholding but could be for under-withholding. Submit the W-4 form to your employer.  Remember that we're a few weeks into the year, so even if you adjust withholding now there will have been several paychecks at the prior setting; you can try to build that into your guesstimate of how to reset the withholding, or just not worry about it. Do the same with your state's withholding adjustments form. Repeat on a yearly basis, to account for raises, changes in other income, changes in filing status, etc. until it's close enough that you're satisfied with it. Then reconsider if/when your financial situation changes. Personally I find that exercise more effort than it's worth, and have simply set my withholding at \"\"close enough\"\". I usually get some money back from the feds and owe some to the state, but either is handled happily by my normal bank account balance.\""}
{"_id": "149542", "title": "", "text": "Spring is here and the need of self-storage has increased more than ever before. There are valid reasons for the increase in demand of self-storage space and there is nothing much you can do about it. Whether you are looking for a self-storage in Sutton Coldfield or in Erdington, you would surely face some stiff competition in renting a self-storage unit."}
{"_id": "149555", "title": "", "text": "\"Well, the first one is based on the \"\"Pert\"\" formula for continuously-compounded present value, while the second one is the periodically-compounded variant.  Typically, the continuously-compounded models represent the ideal; as the compounding period of time-valued money shrinks towards zero, and the discount rate (or interest rate if positive) stays constant over the time period examined, the periodic equation's results approach that of the continuously-compounded equation. Those two assumptions (a constant rate and continuous balance adjustment from interest) that allow simplification to the continuous form are usually incorrect in real-world finance; virtually all financial institutions accrue interest monthly, for a variety of reasons including simpler bookkeeping and less money paid or owed in interest. They also, unless prohibited by contract, accrue this interest based on a rate that can change daily or even more granularly based on what financial markets are doing. Most often, the calculation is periodic based on the \"\"average daily balance\"\" and an agreed rate that, if variable, is based on the \"\"average daily rate\"\" over the previous observed period. So, you should use the first form for fast calculation of a rough value based on estimated variables. You should use the second form when you have accurate periodic information on the variables involved. Stated alternately, use the first form to predict the future, use the second form in retrospect to the past.\""}
{"_id": "149575", "title": "", "text": "\"I know plenty of guys out of college looking to get a start. There's a common problem: \"\"Hey? Know anyone looking for work?\"\" Me: \"\"Do you need experience?\"\" Them: \"\"Um... yeah...\"\" Some of them are very good developers  Microsoft is one of the better companies, though they have other issues. Most of them won't even bother if you are right out of college. I wish more invested in training programs to find those star workers to get them into coding and out of McDonalds. I'm finding consulting companies are starting to take the place of this, and that's how I got my start  Microsoft did interview me a few times when I got out of college, but my communication skills were lacking then. Nowadays, after I got my start, people are starting to come to me.\""}
{"_id": "149577", "title": "", "text": "This is an 'Ordinary' bank account and not a NRO or NRI account, as I have a PAN card, Aadhar card etc and use an Indian address As you are NRI, you cannot hold an Ordinary Savings account in India. Please have this converted to NRO ASAP. It should be a simple paperwork. Will it be better and easier for my sister to transfer this inheritance money from my 'ordinary' bank account into her bank account and then have my sister 'Gift' me the money under LRS OR is it advisable to go through the lengthy procedure of opening NRO account, then filling in 15CB, 15CA, getting RBI permission and using form A2 to transfer the funds. If my sister transfers the money into her bank account, will this be considered as income for her and will she need to pay taxes on it (even though the money in my account is from inheritance). The right process would be to have your account converted to NRO, and complete the formality of 15CB, 15CA. There is no taxes if you transfer the funds to your sister and she transfers the funds back to you. From Indian Taxes point of view, this is gift between close relatives and there is no taxation."}
{"_id": "149580", "title": "", "text": "\"The article appears to be making the opposite point it thinks it is making.  The author appears to be talking about income disparity, but if more and more people are making 6 figure salaries - to the extent that it's no longer a \"\"rich people thing - that would mean income disparity is shrinking, at least if you only look at salary alone (and not equity - which is really what wealth is about).  The top 1% or even 10% **should be** making vastly more than the middle class - that's to be expected.  Otherwise, why would they be 1%?  From time to time, the income disparity folks don't seem to understand their own points.\""}
{"_id": "149581", "title": "", "text": "That's a nice thought. But I doubt it would happen. I sell on EBay and I was on the phone every day for a month over some scammers and ne'er do wells. They didn't do anything special to help me. Lost a lot of money. Just think of the millions of cases like that every day. They're better off having a blanket rule, even if it screws over the seller."}
{"_id": "149610", "title": "", "text": "I've got cards with no annual fee that don't get used--I never see a bill from them."}
{"_id": "149619", "title": "", "text": "Also the small Suv, and the crossover gives the old school sedan something to desire for. I drove a camry for years great car, but I drive a suburu forester now and the the small Suv is the perfect small family car. The rav4 is a good car too."}
{"_id": "149669", "title": "", "text": "First, talk to your husband about this. You really need to persuade him that you need to be saving, and get him to agree on how and how much. Second, if you husband is not good at saving, work on getting something set aside automatically - ideally deducted from a paycheck or transferred to a savings account automatically. If he is the kind of person who might dip into that account, try to make it a place he can't withdraw from Third, get some advice, possibly training, on budgeting. Buy a book, take a video course: even start by watching some TV shows on getting out of debt."}
{"_id": "149686", "title": "", "text": "Speaking of the deficit, if obama had done literally nothing at all the debt would of still went up by  9 billion anyway, because the deficit was 1.16 B (x 8 = 9.26 billion). Instead he halved the deficit and somehow kept the debt within trend"}
{"_id": "149692", "title": "", "text": "One thing to consider besides what rules Oregon has, is what rules your old state have. Of course the lack of income tax in Nevada means that most people are trying to convince their new state they are still a resident of Nevada. You are a full-year Oregon resident if you live in Oregon all year.   You are also a full-year Oregon resident, even if you live outside   Oregon, if all of the following are true: Part-year resident: You are a part-year resident if you moved into or out of Oregon during the tax year. The requirement for financial life means that you should: change all your Nevada banks to Oregon banks; Change all your mail to Oregon; Sell any property or end any leases you have in Nevada. Or course you need to research the rules for in state college tuition, death with dignity  if any apply to you. In border areas you must be careful to establish residency for children to attend public schools. Some families try to cheat to get their children into a better school."}
{"_id": "149696", "title": "", "text": "In a (not Roth) IRA, withdrawals are generally already taxed as regular income. So there should be no tax disadvantage to earning payment in lieu of dividends.  It's possible that there is an exception for IRAs but I was unable to find one and I cannot see the reason for one since the dividend tax rate is usually lower than the income tax rate (which is why some company owners elect to receive part of the company profits via dividend rather than all through their salary)."}
{"_id": "149714", "title": "", "text": "I hired our copywriter from linkedin last month. after 2 failed CL ads, 1 monster and 1 careerbiulder that gave us 90% crap candidates, I scouted some people on linkedin. I emailed 6 on there, 2 came in for an interview and we hired 1. They werent even looking for a new job, but it worked out well."}
{"_id": "149719", "title": "", "text": "&gt;I'm talking about the manufacturers profits and employees.  You only talked about manufactures not employees.  Tho what employees have anything to do here is beyond me.  &gt; Costco tends to use their consumers and distribution access to their advantage and often at the expense of manufacturers.  As they should.  But as I said, they are not Walmart.  Costco isn't going to push a supplier to make their product as cheap as possible because they know their customers don't want Walmart quality stuff.  This means they aren't going to push the supplier as nearly as badly as Walmart will.  &gt;A large producer like my employer have and will tell costco to go fuck themselves.  They do that and they lose any possible profits from Costco."}
{"_id": "149721", "title": "", "text": "OP, I'd wait until you see the itemized list. And then go from there.   From the sound of it, it seems that the repairs is pretty major. I'd double check the lease contract to see if there were any clauses/term that made the tenant responsible. This could be from appliances to repairs."}
{"_id": "149723", "title": "", "text": "\"With (1), it's rather confusing as to where \"\"interest\"\" refers to what you're paying and where it refers to what you're being paid, and it's confusing what you expect the numbers to work out to be. If you have to pay normal interest on top of sharing the interest you receive, then you're losing money. If the lending bank is receiving less interest than the going market rate, then they're losing money. If the bank you've deposited the money with is paying more than the going market rate, they're losing money. I don't see how you imagine a scenario where someone isn't losing money. For (2) and (3), you're buying stocks on margin, which certainly is something that happens, but you'll have to get an account that is specifically for margin trading. It's a specific type of credit with specific rules, and you if you want to engage in this sort of trading, you should go through established channels rather than trying to convert a regular loan into margin trading. If you get a personal loan that isn't specifically for margin trading, and buy stocks with the money, and the stocks tank, you can be in serious trouble. (If you do it through margin trading, it's still very risky, but not nearly as risky as trying to game the system. In some cases, doing this makes you not only civilly but criminally liable.) The lending bank absolutely can lose if your stocks tank, since then there will be nothing backing up the loan.\""}
{"_id": "149725", "title": "", "text": "Buy some pits for xiv in October if you want to piggy back. Options pretty cheap right now.  Not sure if xiv has options, but if vix spikes, xiv will tank almost 1 for 1 negative relationship. Chart both of them over time to see the relationship."}
{"_id": "149737", "title": "", "text": "you really have your facts in hand.  are you involved in policymaking?  are you a researcher?  would you consider doing an AMA? actually with everybody being so hopped up right now, it might be a huge shitshow to try that... i just would really like to see level headed, factual information out there for people.  i guess that makes me kind of dumb, because people are not seeking level headed factual information at this point in the festivities.  sorry I'm contradicting myself right and left  may i ask, what do you think an intelligent policy would be, going forward?"}
{"_id": "149742", "title": "", "text": "Unfortunately, it's a simple 'no'. Once the IRS has your money, you need to wait until early next year to settle up. He can increase his allowances via form W4, and have less money withheld from pay checks the rest of this year, but no chance for a lump sum return before tax time.  For sake of a comprehensive answer, early withdrawals are subject to a 10% penalty along with regular income tax. It sounds like the son is in the 15% bracket, and a total 25% would have been the right number to choose."}
{"_id": "149749", "title": "", "text": "The debt collection agency (DCA) has purchased the debt and has the rights to your original account. The original creditor will have nothing to do with you anymore. If the DCA does not want to work with your payment schedule, simply deposit the money into an account. Don\u2019t touch the money. Hopefully you save enough money soon enough to pay off the debt before it falls off your credit report. If not, well, enjoy the money you saved."}
{"_id": "149780", "title": "", "text": "Of course your situation is very hurtful at a personal level, and I sympathize. I just don't get your point about being driven further into debt? It would seem that with a lower credit score you are prevented from taking on more debt. That can absolutely be hurtful especially to someone who runs a business that relies on short term credit. As for why they do this, they do it to reduce their risk - they don't want to lend more money, they are afraid that you will lose your job and default. Of course it is not as personal as I am writing it, not for you (they don't target you personally - they target your credit profile) and not for them (it is a matter of how the market views the debt and how much they can trade on such debt, not what they want to do personally). As for the TARP bailouts not releasing enough credit - this is reality. Goverment always thinks it can influence the situation more than it actually can. In order to unfreeze credit there needs to be a growing economy that makes the risk look acceptable. No amount of Goverment nudging will really change that more than marginally. By the way, legislation like this (forcing credit card companies to not raise their rates) can lead to credit restrictions. By artifically forcing the rates down the risk has to be ballanced somewhere - so it will be ballanced by lowering credit lines or by other means. Like any price control, if you restrict the price, it causes shortages. Intrest rates are the price of credit."}
{"_id": "149820", "title": "", "text": "\"Corporate restructuring makes everything a flux, so you might as well revisit some core fundamental questions. Here's how to do this professionally: Start floating your CV now. Line up interviews in competing companies. Attend to them. Score a job offer, and have it put into writing, with exact salary, which should be at least 10%++ of your current one. Take a clear empty page, and write on top: \"\"Business value provided\"\". Put down your major contributions, and achievements. Wherever possible, put the company's expected dollar value near to it. For bonus points, sum it up on the bottom, and minus your current salary. Difference is \"\"Profit provided directly to the company's bottom line\"\". Float this to your manager's desk. At this position, you have only one fundamental question to your boss: \"\"match or pass?\"\" :) A corporate spin-off is a good time to do this: 1, to ensure, that your position will not be made redundant; 2, if it is, you have a backup plan. If the parent company's \"\"getting rid of you\"\", however, there are even more fundamental questions you might want to ask yourself: is this really a profitable division, or merely a loss leader? Does this company have a future, and the adequate growing options for you, personally?  To answer these questions, you must have an opportunity cost estimation; and for that, you must have second (and preferably, third) options -hence, the strategy above. To conclude, the best time to do your job research is every other month; and the best time to ask for a raise is always now :) Good luck!\""}
{"_id": "149833", "title": "", "text": "Obligatory comment about debt being to high, eventual hyperinflation and mismanagement by government heralding the end of America.  Obligatory preemptive reply to rational people to say that although this argument could have been made two years ago its different now and you should buy into the fear mongering because its going to happen sooner or later.  Bring on the downvotes!"}
{"_id": "149845", "title": "", "text": "\"The banks are making *bank* on these fees and for merchants they are not *optional.*  They either have to raise their prices and charge *you* or eat the costs.  The banks are doing nothing to \"\"earn\"\" this money.  Now you know I am serious.\""}
{"_id": "149853", "title": "", "text": "Amazon luckily allows you to buy gift cards for virtually any amount, down to even a dollar. Whenever i have some random amount left on a gift card, i just go ahead and buy an Amazon e-gift card with it. FYI -  this works only with e-gift cards, not physical ones"}
{"_id": "149881", "title": "", "text": "\"I doubt they'll be paying them anything, just like Google itself pays Wikipedia nothing for showing Wikipedia snippets in its result boxes. Wikipedia's license actually doesn't require any money to reuse it, and with things like data dumps and a public API, it actually encourages this. Of course then you have large companies leeching off of your hard-built volunteer project, but that's par for the course for open source in general and anything more restrictive would harm the exact people you're targeting (saying for example that \"\"companies with more than x employees must pay\"\" is actually something a lot of services do, but it's by definition not truly Free since it comes with restrictions).  On your note about begging readers for donations, Wikipedia refuses to put up ads because that would force them into a conflict of interest (say large company A that is a large customer doesn't like how their article portrays them and threatens to pull their ads) You become beholden to whoever pays the bills, so it makes sense to ask readers to support the project. You might've heard some hogwash spreading around that Wikipedia already has enough money, but that's not true considering a prudent non-profit needs a sizable reserve to protect against fluctuations or disasters, and for long-term stability. Not to mention the project is nowhere near the size it started at and is still growing.\""}
{"_id": "149890", "title": "", "text": "Property taxes, at least in Canada, are levied by the municipality or city in which the property is situated.  For many cities, it is a significant source of income. Part of the justification from the municipal point of view is that the land is serviced, in that it generally has city services like water, sewer, garbage collection and the like.  The taxes also commonly pay for city services like libraries, fire and ambulance. The tax rates vary widely across cities, so where your dream house is located may have a large impact on your overall tax bill. Property tax is more-or-less a government imposed lien on your house.  You can be foreclosed on if you are unable to pay.  This is a last resort of course, but can and does happen."}
{"_id": "149898", "title": "", "text": "\"I think the builders need to get their heads out of their asses and see who is actually looking to buy a house, and what sort of house. There is a new development of two-story duplexes that was built near me 6 months ago; they are asking $595,000 for each *unit*. Everybody that walks by it says \"\"Are you shitting me?\"\" For $250,000 they would be nice houses. The builders are wondering why they aren't selling.\""}
{"_id": "149900", "title": "", "text": "The short answer is if you own a representative index of global bonds (say AGG) and global stocks (say ACWI) the bonds will generally only suffer minimally in even the medium large market crashes you describe.  However, there are some caveats. Not all bonds will tend to react the same way.  Bonds that are considered higher-yield (say BBB rated and below) tend to drop significantly in stock market crashes though not as much as stock markets themselves.  Emerging market bonds can drop even more as weaker foreign currencies can drop in global crashes as well. Also, if a local market crash is caused by rampant inflation as in the US during the 70s-80s, bonds can crash at the same time as markets.  There hasn't been a global crash caused by inflation after countries left the gold standard, but that doesn't mean it can't happen. Still, I don't mean to scare you away from adding bond exposure to a stock portfolio as bonds tend to have low correlations with stocks and significant returns.  Just be aware that these correlations can change over time (sometimes quickly) and depend on which stocks/bonds you invest in."}
{"_id": "149918", "title": "", "text": "You don't specify in which format are the files you're importing, but if it's .qif then qifqif provides a CLI interface to enter categories as fast as possible (by reusing categories used for similar past transactions)."}
{"_id": "149919", "title": "", "text": "\"....causes loses [sic] to others. Someone sells you a stock.  The seller receives cash.  You receive a stock certificate.  This doesn't imply a loss by either party especially if the seller sold the stock for more than his purchase price. A day trading robot can make money off of the price changes of a stock only if there are buyers and sellers of the stock at certain prices.  There are always two parties in any stock transaction: a buyer and a seller.  The day trading robot can make money off of an investment for 20 years and you could still make money if the investment goes up over the 20 years.  The day trading robot doesn't \"\"rob\"\" you of any profit.\""}
{"_id": "149922", "title": "", "text": "\"No it's not. High frequency trading specifically aims to take a profit without speculating on the movement of price, using technological advantages and exploiting arbitrage opportunities rather than anything else.   Big firm trading I agree to an extent (that's why I made the comment that markets may or may not be efficient), but I think it's more nuanced than \"\"run a projection and see if the price goes up.\"\" And as I say, traders at big trading firms generally have access to information and tools that we don't at home, so if you want to invest in something invest in it - don't try and guess where the price is going to go because people do that professionally and often still get it wrong.\""}
{"_id": "149925", "title": "", "text": "&gt; (I know someone who was alone, on a Saturday for all women's clothing).  It could get worse. When I was at Sears, it wasn't unusual to have only two or three people for ALL clothing departments at any given time. So someone would have to be stuck with two entire clothing departments to cover."}
{"_id": "149932", "title": "", "text": "Columbus is very interesting. Something about it has made it the perfect test market demographic for retailers and fast food galore.  Cheap rents and lots of jobs. I'm gunning for a move next year, but wondering what the trap is."}
{"_id": "149939", "title": "", "text": "\"Just as we are seeing the repercussion's of Obamas 8 years now. Stefan Selig was in Obama's administration and ironically  now an investment banker ( checked his profile). So this is basically an op-ed. Some of it I agree with but I don't think Trump will make the \"\"american century\"\" obsolete. That is a vast overstatement with very little evidence to back it up.\""}
{"_id": "149944", "title": "", "text": "\"Move in fees in my experience as a landlord (though I do not charge them) are to cover the costs of stuff like changing locks or having new/extra keys made. However, in Japan there is the idea of \"\"key money\"\" that is sort of the same concept as a security deposit, but typically much larger and not refundable. https://en.m.wikipedia.org/wiki/Key_money#Japan\""}
{"_id": "149949", "title": "", "text": "But by then no one will pay any attention.  /edit: Downvotes?! Anyone objectively reads his speech transcripts or watches his interviews will see that Trump is really just a  senile old man! Why bother reading craps if he is no longer POTUS? There are more interesting grumpy old men out there e.g. Lewis Black and Greg Poop"}
{"_id": "149950", "title": "", "text": "Let's drive worker wages down farther by only using the cheapest labor worldwide.  Don't worry!  This is a natural part of a healthy economy!  /s  Our view of a healthy economy needs to change to include the health of the people in that economy."}
{"_id": "149954", "title": "", "text": "\"Fwiw, I don't actually put much credit in the laffer curve, but just like to point out that the argument that it justifies tax cuts is predicated on being above the peak rather than below.  I'll also point out that the biggest expansions of the US economy happened under a top marginal rate of 90%. That rate was basically only on income higher than what 99.9% make. Of course explaining marginal tax rates to most people fails. If you say \"\"were lowering rates but adding more brackets at the top end. (90, 99, 99.9, 99.99 %ile, for instance). Or even doing something like \"\"lowering tax rates, but all personal income is taxed the same\"\" and possibly \"\"dividends are taxed at the income tax rate of the individual, but are deductible from the corporate income\"\".\""}
{"_id": "149962", "title": "", "text": "The closest thing that you are looking for would be FOREX exchanges. Currency value is affected by the relative growth of economies among other things, and the arbritrage of currencies would enable you to speculate on the relative growth of an individual economy."}
{"_id": "149969", "title": "", "text": "\"The consumer who opens a CD may receive a passbook  or paper certificate, it now is common for a CD to consist simply of a book entry and an item shown in the consumer's periodic bank statements; that is, there is usually no \"\"certificate\"\" as such. http://en.wikipedia.org/wiki/Certificate_of_deposit Generally speaking, CDs should offer higher interest that typically doesn't vary, over the term of that CD.  So, in that way it offers a bit more security on the return.  But, they also lock up your money for a specific period of time.\""}
{"_id": "149974", "title": "", "text": "Fiscal dominance occurs when a national debt has reached levels such that a nation is unable to pay it down with taxes and requires monetary policy support in order to stay solvent. In such a situation, it is difficult to control inflation because raising interest rates can make it impossible for the government to pay its debt.  Japan's inflation was/is extremely low, and that was/is why fiscal dominance is an advantage for them. Not sure if this is applicable for the US."}
{"_id": "149978", "title": "", "text": "My wife and I set up a shared bank account. We knew the monthly costs of the mortgage and estimated the cost of utilities. Each month, we transferred enough to cover these, plus about 20% so we could make an extra mortgage payment each year and build up an emergency fund, and did so using automatic transactions. Other shared expenses such as groceries, we handled on an ad-hoc basis, settling up every month or three. We initially just split everything 50-50 because we both earned roughly the same income. When that changed, we ended up going with a 60-40 split. We maintained our separate bank accounts, though this may have changed in the future. A system like this may work for you, or may at least provide a starting point for a discussion. And I do strongly advise having a frank and open discussion on these points. Dealing with money can be tricky in the bounds of a marriage."}
{"_id": "149988", "title": "", "text": "\"I've mostly seen this term peddled by those with large portfolios in gold/commodities. The incentive for these guys, who for example may have a large portfolio in gold, is to drive demand for gold up - which in turn drives the value of the gold they're holding up and makes their assets more valuable. The easiest way to get a large amount of people to invest in gold is to scare them into thinking the whole market is going to fall apart and that gold is their best/only option.  I personally think that the path we're on is not particularly sustainable and that we're heading for a large correction/recession anyways - but for other reasons.  **Example:**  [Peter Shiff YouTube Channel called \"\"The Economist\"\" with conspiracy videos](https://www.youtube.com/user/PeterSchiffChannel/videos)  [Actual \"\"The Economist\"\" magazine researching the market](https://www.youtube.com/user/EconomistMagazine/videos)  (edit: formatting)\""}
{"_id": "149991", "title": "", "text": "Im creating a 5-year projection on Profit and loss, cash flow and balance sheet and i\\m suppose to use the LIBOR (5 year forward curve) as interest rate on debt.  This is the information i am given and it in USD.  Thanks for the link.  I guess its the USD LIBOR today, in one year, in two years, three years, four years and five years"}
{"_id": "149994", "title": "", "text": "\"You are wrong on the L1 visa with respect to \"\"no limit\"\"... there is an overall limit of 7 years max for L1a and 5 yrs for L1b.  Also, it is only limited to companies who have offices in foreign countries where that worker must have worked at least 1 year in a managerial, Executive or special skill set capacity; so not every company would qualify to bring in L1 visa workers... you are right about no required minimum with respect to salary but it would throw an unnecessary attention if a Manager you brought into the US getting paid peanuts so, that, in itself is a \"\"self regulator\"\" if you will.\""}
{"_id": "150015", "title": "", "text": "I can't believe they will tax robots, in Korea, or anywhere else. Yeh, sure, business will agree to that and it surely will help business.  A robot tax is a tax on net income of a business.  If they were serious about Robot tax, then they should have taxed machines first and long time ago. As you know, machines replace more humans than robots do, and machines have much higher productivity than robots.  What's next? Tax computer programs because they automate and replace the work done by humans?   Tax AI because it replaces humans who currently do this analytic work?  Look, it would be silly to tax a machine or robot that does work that no human wants to do or can do.  If the intentions is because Korea wants/need more money from taxes, then tax outsourced work, done by other humans, in countries where labor is cheaper. Or, simply tax the business profits because robots increase their profits.  If the intentions is save jobs done by humans, then regulate robots and, for example, make it a rule that every group of robots must be supervised by humans, or customer service must be done by a human and not a robot/AI."}
{"_id": "150044", "title": "", "text": "&gt;Hourly rates aside   Really? The guy who defines success by the $ they make doesn't want to compare hourly rates?  Ok, let's compare standard of living.   My buddy lives in Thailand at the moment. He travels around but has been there about 6 months.  He has a passive income of $55k derived from rental units here in the US, his blog, and online business.  He works about 5 hours a week.   He rents a beach house for $450/month and his expenses are about $20/day to live quite well eating out every meal, working out, etc. That $55k is about 15x the local median wage.   Your $500k in the US is about 10x the average wage in the US and if you live in an expensive city like NYC, DC, or SF then it's much less.  You work 80 hours a week and he works 5 and has a higher relative standard of living.    Who is more succesful?  &gt;I'd rather have the half mill annually  I'm sorry you never learned that we should work to live, not live to work. Its truly sad."}
{"_id": "150053", "title": "", "text": "I sold my car on Craigslist for 2K and received cash.  I bought a car from Craigslist with $4K cash. For larger amounts where the buyer doesn't want to pocket such large quantities of money, meet them at their bank and have the banker do a draw on their account.  Hustle that check to your bank and be done."}
{"_id": "150062", "title": "", "text": "The Indian lawyer areas are commercial and investment laws, corporate law and intellectual property laws. You can seek online legal dispute resolution without personally approaching any arbitrator or mediator. This is the most economical way of resolving disputes in minimum possible time."}
{"_id": "150066", "title": "", "text": "&gt;Wife and I made $160K last year and saved $65k still living very nicely and taking international vacations.  Assuming that youre from the US you would have to live outside of a major metropolitan area to have such a low cost of living."}
{"_id": "150069", "title": "", "text": "Property and Casualty insurers invest their premiums in large bond portfolios.  When they need the cash, they sell some of the bonds.  Catastrophe bonds, which are completely separate, do help blunt the earnings impact, as the insurer doesn't have to pay out as much interest to the purchasers after a disaster, but cat bonds aren't a major source of funds."}
{"_id": "150070", "title": "", "text": "Sounds like an absolutely terrible place to work if they treat contractors that way. I say that because I was a contractor a long long time ago and I don't think anyone could pay me enough money to go back to those conditions."}
{"_id": "150080", "title": "", "text": "I recall similar strategies when (in the US) interest rates were quite a bit higher than now. The investment company put 75% or so into into a 5 year guaranteed bond, the rest was placed in stock index options. In effect, one had a guaranteed return (less inflation, of course) of principal, and a chance for some market gains especially if it went a lot higher over the next 5 years.  The concept is sound if executed correctly."}
{"_id": "150088", "title": "", "text": "\"Yes, and they can change that anytime they so desire.  If they decide that tomorrow they own the factory and all of its data, that's it.  No appeal, zero recourse.  Sorry about your luck Elon.  Oh btw, were starting a new company that sells electric cars called Tezla.....and they are 30% less expensive than yours.  China is gonna be like \"\"look at me, I'm Tesla now\"\"\""}
{"_id": "150102", "title": "", "text": "I can't see it happening because most of the population seems to be against it, even if their reasoning on the whole is wrong. Theoretically, people are against the Euro here as a result of national pride. If it's the best thing to do for the good of the country then national pride shouldn't be taken into account. It'd be perverse in the sense that you'd be stopping your country from progressing because you love it. That doesn't add up. Personally, I don't think it's possible for an entire continent to have a single currency. There's too many different countries and cultures involved. For it to work you'd have to have centralised fiscal policy and this makes no sense at all for a continent. What works here might not work in France or Germany. What works in Greece might not work here. etc, etc. The make up of each country's economies is different."}
{"_id": "150115", "title": "", "text": "You didn't find the Indian, Jesus or Pre-school parts funny? Do you like his other stuff? I mean, you're entitled to your opinion, but I think this was definitely worth $5 if only, as Refresher said, as a statement for independent media."}
{"_id": "150119", "title": "", "text": "Much of the absurdity of that amount comes from them adding up all of the time parents spend with their kids, and assuming that the value of that time is the same as if the parents were working during all those hours.  As if, if they weren't parents, they would be spending 120 a week at their job.  It's a nonsense way to evaluate cost for this situation.    Opportunity cost makes sense in business decisions, not in parenting."}
{"_id": "150151", "title": "", "text": "With direct access to world's finest diamonds, Mervis Diamond offers an amazing array of magnificent diamonds. They specializes in diamond engagement rings, wedding rings, diamond studs, and much more. With their roots at the diamond mines in South Africa, they bring you with direct prices. They are proud to have good quality stones and good quality people in diamond industry."}
{"_id": "150165", "title": "", "text": "It is a good opportunity in Johor Bahru where you buy the used car in best condition, we have every car certified by our expert team. If you want to save the money to buy the car in new condition it is a perfect place for you. Now, it has been become a very popular place in Kebun second hand car dealer.  On the off chance that you have thoughts to purchase an utilized car, the initial step includes endeavoring to locate the trustable second hand car dealer that fits your funds. You can sift through the chase in light of different parameters comprising Masai second hand car dealer."}
{"_id": "150167", "title": "", "text": "I was in the same chicken and egg situation regarding credit cards. I did two things: Now that I have recent good credit history, Capital One has offered to raise my limit. I assume that it is because my credit score has improved and I can probably now switch to a credit card that doesn't have an annual fee."}
{"_id": "150170", "title": "", "text": "Good for lazy investors, time-restricted investors, investors with little knowledge, investors who want a hybrid of advice and tools without paying the crazy fees of mutual funds or an advisor. The biggest advantage, is that it is easy, quick and convenient If you have the time and knowledge, this might not be for you"}
{"_id": "150171", "title": "", "text": "\"Without more info to go on (such as a screenshot of the relevant portion of the statement or what country you're in), I will run with the answer that \"\"balance\"\" is the amount the collection agency is attempting to collect from you, including any and all fees the agency may have added. One important idea to keep in mind is that depending on how old the debt is, the amount involved, and the importance to the agency to collect it, you may be able to negotiate a settlement for less than the full amount.  This isn't always possible, but sometimes you get lucky, and it doesn't hurt to try. Collection agencies work in several ways.  Some will actually buy the outstanding debt from the original creditor for some percentage of the debt's face value and then take their chances on whether they collect anything at all, while others work on behalf of the creditor and earn some percentage of what they manage to recover.  In the latter case, your chance of negotiating a reduced amount is better, because the agency is being evaluated by the creditor on how quickly and efficiently they collect debts.  An agency that is slower or less effective than another is less likely to continue earning the creditor's business. I hope this helps. Good luck!\""}
{"_id": "150179", "title": "", "text": "&gt;This is directly the result of about 50 years of carefully applying the value investing philosophy  Ha. Nobody can prove that. Berkshire Hathaway could just be lucky. You can't even come *close* to making a solid argument that points in either direction. The factors involved are far too complicated. In fact, that leads me to my response to this thread:  Nobody actually knows what the hell is going on in the stock market, and if they do they aren't telling you; if they do tell you then it's no longer relevant."}
{"_id": "150206", "title": "", "text": "The middle class attack continues...    Nevermind that all that tax money goes to salaries, then returns in taxes, and eventually trickles back up to the wealthy in product purchasing, interest, etc, etc.  That is too long term thinking for short term America. We have forgotten that people need to have money to spend it.  This just sucks more money out of the economy and [again slows the velocity of money](https://fred.stlouisfed.org/series/M2V) which is at some of the lowest levels since it was tracked. Money is being hoarded and that helps noone in a consumer economy, not even the wealthy.  The check engine light is on in the American consumer economy and noone cares about fixing it or taking it in for repairs."}
{"_id": "150219", "title": "", "text": "\"We will bill our clients periodically and will get paid monthly. Who are \"\"we\"\"? If you're not employed - you're not the one doing the work or billing the client. Would IRS care about this or this should be something written in the   policy of our company. For example: \"\"Every two months profits get   divided 50/50\"\" They won't. S-Corp is a pass-through entity. We plan to use Schedule K when filing taxes for 2015. I've never filled a schedule K before, will the profit distributions be reflected on this form? Yes, that is what it is for. We might need extra help in 2015, so we plan to hire an additional   employee (who will not be a shareholder). Will our tax liability go   down by doing this? Down in what sense? Payroll is deductible, if that's what you mean.  Are there certain other things that should be kept in mind to reduce the tax liability? Yes. Getting a proper tax adviser (EA/CPA licensed in your State) to explain to you what S-Corp is, how it works, how payroll works, how owner-shareholder is taxed etc etc.\""}
{"_id": "150222", "title": "", "text": "People should be able to have sex, and be able to take steps to prevent unwanted medical issues when they want to engage in sex with a partner/partners. If we expect someone who is making minimum wage to abstain from sex, we're technically denying them the ability to be a fulfilled human. There's a reason why love exists on Maslow's Hierarchy of Needs."}
{"_id": "150223", "title": "", "text": "[Here's the link to the Consumer Financial Protection Bureau's first-ever survey of financial well-being.](http://files.consumerfinance.gov/f/documents/201709_cfpb_financial-well-being-in-America.pdf)  The conclusion on pg. 68 is where the relevant bits are summarized. It opens with:  &gt;This report provides a first-of-its-kind view into the state of financial well-being in America. Overall, we find that the financial well-being of U.S. adults varies widely, and that a large percentage of people are financially fragile. **At the average U.S. financial well-being score, roughly one-third of individuals have difficulty making ends meet and approximately one out of five sometimes have difficulty paying for basic needs like food, housing, and medical care.** At the same time, the results show numerous potential opportunities to improve the financial well- being of significant portions of the U.S. adult population."}
{"_id": "150252", "title": "", "text": "I'm in America on student visa and I can have 12 months of paid internship. I'd rather not waste the 12 months on a sophomore internship, you know? Of course, I'd still love to be paid for what I do and think that might make me try harder."}
{"_id": "150255", "title": "", "text": "Ha!... just looked at some pics and you are probably spot on with the faux-steak-house-yet-quirky look.  At that point it's only the political ideology that might be a draw and as other's have pointed out it's a place / price point that is pretty well established.  They would have to be much more radical in a lot of areas to carve out a space for themselves."}
{"_id": "150271", "title": "", "text": "In the united states qualified institutions of higher education should give the student a 1098-t. This form breaks down all money received/billed  and for tuition and scholarships. It would not include items such as books and room and board. The 1098 would constitute proof of attendance and proof of expenses. If a 529 plan was used to pay for part or all of the tuition it should also be sent to you or the student depending on where the funds were sent. If the student can't find the 1098-t it is likely that the college had an electronic copy sent to the students official email, or it can be downloaded from the student's account where tuition bills care paid.  Note: a confusing part of the 1098-T is that many universities include the spring semester numbers in the form for the previous year.   For Example: The 1098-T will tell you if they have done that."}
{"_id": "150277", "title": "", "text": "I actually help companies start up for a living.   Here are some big parts you should do.  1 - Post on craigslist for work.  Seems pointless but it helps a ton.  Youll get potential new clients and it will help.  Do one ad every day under something specific.  One day maybe dishwashers, next garbage disposal, next drain clogs, next water leaks.  You get the point.  This will help reach people after a specific thing.  Also it will help get your name out.   2 - Post on your local news areas.  For example your local papers website will have a section to add your business.  Also do a search for local forums around your area and post there.   3 - Create a website.  If you are short on cash get a site from a good name provider.  Dont use go daddy as they are an evil company ha.  Find one local if you can and support your local economy.  It might be a few dollars more but it helps everyone out and tell them how you are a new company.  They might have friends and family members that can spread word of mouth.  Also ask them if they know of any local hosting providers.  For your website id say hire someone.  It should be under 1500 for everything if its done well.  If you are short on cash get wordpress and get a good blog style you like and go from there.   4- Update your blog once a week to start.  This will help google see it as a site thats worth something and move you up.  After 6 months you can post daily, but dont wait 5 months then post.  Oddly enough google will punish you at times for this.  Makes no sense but thats how the beast can work.  Your posts can be a new weekly deal.  Showing a new job you did.  Or maybe tricks that people can do themselves.  While it seems that would be counter productive to business.  When someone sees you as not trying to just sell something, they trust you more.   5 - Submit your site to the major search engines (google it).   6 - Post your company on local business pages.  yelp, google, and others you have.  Lots of people use this.  Also after every job ask them to post a review on yelp and those other sites with a positive review.  That might be the biggest helping factor.   7 - If you are in an older town just get a basic add in the yellow pages.  Its not hard and very helpful.     8 - Go to your local fair events and do free contests.  Like a free hours worth of drainage services.  This can help you get a good rep from customers.  As your company is going to live and die by word of mouth.  Your skills are not going to cost him much of anything except time and it will in the long run give a great rep.   9 - You can try mail flyers which at times can have some success but that depends on if you have an older clientele or not in your area.  Same goes for getting in the yellow pages.  I personally am against it as most of the time these companies are scams trying to make an extra buck on you.   10 - Call local organizations that might need you.  Boy scouts, girl scouts, ymca, and other programs.  See if you can place a set of business cards at the counter at these places.  This should help.  This also goes for local business.  Auto shops and other small business tend to help each other when it comes to things like this.     Anyways i typed way too much, but there is a great way to help."}
{"_id": "150278", "title": "", "text": "Lets look at it this way. Your son bought the car and then 2 days later, he wants to change the price. Will the dealership let him do that after all the paperwork is signed?"}
{"_id": "150332", "title": "", "text": "&gt; the less chance of people defaulting,  You know a non-trivial part of the mortgages out there are adjustable right?  Did you never study what happened when in '07 after rates went up 4% in a year or two?  Rising interest rates are also a factor in rent prices. Meaning rent prices go up and people won't be saving as much. Investment accounts (savings) will be taking a shit because of severe contractionary fiscal policy.   &gt; more people buying with flat cash,  How much cash do you think the average American has ready to pay for a home?  I agree higher interest rates will definitely lead to lower home prices (that's ultimately what happened in '07) but you need to stop thinking about a ceteris paribus model and begin considering the cascade of other variables and what the impact of housing affordability is from their respective changes as well."}
{"_id": "150347", "title": "", "text": "How would the RRSP know where the money came from? You have two separate financial operations going on: You invest some money, within the limits set by the law, in a Tax Free Savings Account.  Near the end of the year, you take the money, plus interest, out of the account.  As you may guess by the name, you need not report the interest as income. There are no restrictions on the money, except that you can't put it back in the TFSA until the new year.  The money is not segregated, or frozen, or marked with an exploding dye-pack.  It's just money in your regular bank account, or your pocket, or under your mattress. During that year, you also work for a salary.  Some is deducted from your salary to prepay your tax responsibilities, subject to a final calculation . You spend some and save some.  The money you save also goes into your bank account, your pocket, or under your mattress. You can even take some of your money from your chosen repository and put it in a RRSP, which postpones the need to pay tax on the original deposit and on any earnings on the deposit.  The money you take has lost all sense of identity:  it isn't TFSA money or salary, or paper route money, or twelfth birthday money.  It's just money..."}
{"_id": "150355", "title": "", "text": "People need to stop listening to financial TV shows and actually do real research. When the shares dropped in price all of these people come out of the woodwork, raising concerns that were already covered in the IPO filings with the SEC. The deck is stacked against small investors, but these people didn't do anything to prevent themselves from getting fucked."}
{"_id": "150401", "title": "", "text": "If an individual wants insurance and a company exists that is able to provide such service, they should have every right to do so. It's a mutual exchange. Of course the government tends to jump in and play games but that's a different discussion. If people want flat fees the same should apply.   Citizens pay for the police, firemen, all in the form of taxes. The intention of their job is then to ensure your safety to the best of their ability if something were to happen. I'm not sure where the distinction you postulate even exists."}
{"_id": "150410", "title": "", "text": "Scenario: Ken contributes $20,000 in 2015 when the 402(g) limit is $18,000. Ken is not old enough to make catch-up contributions. Ken made $2,000 in excess deferrals which the plan must correct by refunding the excess and any allocable earnings. If the correction is made prior to April 15th, 2016: No penalty. The excess + earnings is refunded to Ken and basically becomes income. Ken will receive 2 1099-R's one for the excess deferral in 2015, and one for the allocable earnings in 2016. The refund is taxed at Ken's income tax rate. If the correction is made after April 15th, 2016: Double taxation! The excess contribution is taxable in 2015, and again in the year it is distributed. Allocable earnings are taxed in the year distributed. The excess + allocable earnings may also be subject to 10% early withdrawal penalty."}
{"_id": "150430", "title": "", "text": "The current Dow divisor is in Historical Divisor Changes. The OpenOffice GetQuote function offers fields for current dividend either in dollars or yield."}
{"_id": "150439", "title": "", "text": "**John Vincent Atanasoff**  John Vincent Atanasoff (October 4, 1903 \u2013 June 15, 1995) was an American physicist and inventor, best known for being credited with inventing the first electronic digital computer.  Atanasoff invented the first electronic digital computer in the 1930s at Iowa State College. Challenges to his claim were resolved in 1973 when the Honeywell v. Sperry Rand lawsuit ruled that Atanasoff was the inventor of the computer. His special-purpose machine has come to be called the Atanasoff\u2013Berry Computer.  ***  **Touchscreen: History**  E.A. Johnson of the Royal Radar Establishment, Malvern described his work on capacitive touchscreens in a short article published in 1965 and then more fully\u2014with photographs and diagrams\u2014in an article published in 1967. The application of touch technology for air traffic control was described in an article published in 1968. Frank Beck and Bent Stumpe, engineers from CERN, developed a transparent touchscreen in the early 1970s, based on Stumpe's work at a television factory in the early 1960s. Then manufactured by CERN, it was put to use in 1973. A resistive touchscreen was developed by American inventor George Samuel Hurst, who received US patent #3,911,215 on October 7, 1975.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.21"}
{"_id": "150443", "title": "", "text": "Having trouble setting up your Tplink router through tplinklogin.net? Stay calm for these types of issues and chat with our experts. You will get a solution as the team is having an experience of several years. Connect through live chat window."}
{"_id": "150450", "title": "", "text": "First of all, I've raised VC money before so I have experience in this area. The other commenter who said they'll only cause trouble is wrong, as a general statement. Some may, but that just means you've chosen your investors poorly. Choosing an investor is a very important decision and you should choose someone who you think will be able truly add value to your business, rather than just someone who is willing to write a check. Cultural alignment is important, and having a shared set of goals and timelines for the business is important.   That said, no one here is going to be able to tell you how to structure your deal because it varies so much based on the business. In general I think it's a good idea to only take money when you need it and have a solid plan for how you're going to use it. Every time you take money you're diluting your ownership and reducing your long-term upside. Keep in mind that, as the other commenter said, if you take a deal now that means that you maintain 51% and then you take more money in the future, that 51% will be diluted further. That said with more investors in the mix you still are likely to be the largest shareholder, but again, that depends on how the deals are structured.   My advice: seek out as much advice from as many sources as you can. And hire a good law firm to handle your financing transaction because their advice is invaluable as you negotiate terms. Finally, you should have more conditions than just retaining 51% ownership -- there are a lot of terms that get baked into these deals that have an impact on the long-term upside. Learn those terms. Do a bunch of googling and a bunch of reading. And ask for more advice. :)"}
{"_id": "150475", "title": "", "text": "\"You have a high risk tolerance? Then learn about exchange traded options, and futures. Or the variety of markets that governments have decided that people without high income are too stupid to invest in, not even kidding. It appears that a lot of this discussion about your risk profile and investing has centered around \"\"stocks\"\" and \"\"bonds\"\". The similarities being that they are assets issued by collections of humans (corporations), with risk profiles based on the collective decisions of those humans. That doesn't even scratch the surface of the different kinds of asset classes to invest in. Bonds? boring. Bond futures? craziness happening over there :) Also, there are potentially very favorable tax treatments for other asset classes. For instance, you mentioned your desire to hold an investment for over a year for tax reasons... well EVERY FUTURES TRADE gets that kind of tax treatment (partially), whether you hold it for one day or more, see the 60/40 rule. A rebuttal being that some of these asset classes should be left to professionals. Stocks are no different in that regards. Either educate yourself or stick with the managed 401k funds.\""}
{"_id": "150477", "title": "", "text": "Are ready to choose the best digital marketing company in 2017, here are some steps and guidance. Which gives you steps by step tips for choosing a suitable company for your website in the Dubai. *Check Company website ranking *SEO packages *Local SEO services *Check company background and years of experience and much more things you can ask to them. You can also hire experts Search engine optimization in dubai like seo-daddy which is Dubai, UAE based company, which has affordable SEO packages also and have an SEO consultant for your website audit. For further more details, you can visit to our website."}
{"_id": "150496", "title": "", "text": "EDIT: I think it's a fairly straightforward cause &amp; effect.  You tax the transactions, it lowers the incentive to do frequent trading.  So yes, I do think it would limit it effectively.  I'm under no illusion that speculating will end.  But I think we need to dial it back a bit so that investment is the primary driver in the market, not gambling.  I'm not anti speed, but the markets serve a real purpose:  They allow for liquidity &amp; for useful capital allocation.  And liquidity is nothing if all the machines are set to sell, sell, sell.  This is what caused some of the crashes.  Also, we had liquidity prior to all this High Frequency trading.  I'm unsure that the added liquidity makes up for the cons of turning an investment engine into a gambling engine.  You dont' even have to believe me.  There are a few big time investors that say they are out of the market because it is no longer governed by reason."}
{"_id": "150506", "title": "", "text": "A lot of the study numbers people put up also relate to your efficiency. I passed lvl1 straight out of undergrad with ~130 hours of actual study time. I kept a stop watch because I wanted to know how much time I actually spent eyes on book and figured out I spent close to 40% of my time in the library dicking around. so 150*.6 = 90 hours if you're able to focus."}
{"_id": "150514", "title": "", "text": "\"You are missing the fact that the company can buy back its own shares. For simplicity, imagine the case that you own ALL of the shares of XYZ corporation.  XYZ is very profitable, and it makes $1M per year.  There are two ways to return $1M to you, the shareholder: 1)  The company could buy back some fraction of your shares for $1M, or  2)  The company could pay you a $1M dividend. After (1) you'd own ALL of the shares and have $1M. After (2) you'd own ALL of the shares and have $1M. After (1) the total number of shares would be fewer, but saying you owned less of XYZ would be like complaining that you are shorter when your height is measured in inches than in centimeters. So indeed, a buyback is an alternative to a dividend. Furthermore, buybacks have a number of tax advantages over dividends to taxable shareholders (see my answer in Can I get a dividend \"\"free lunch\"\" by buying a stock just before the ex-dividend date and selling it immediately after?).  That said, it is important to recognize the shareholders who are less savvy about knowing when to accept the buyback (by correctly valuing the company) can get burned at the profit of the savvy shareholders.  A strategy to avoid being burned if you aren't price savvy is simply to sell a fraction in order to get your pro rata share of the buyback, in many respects simulating a dividend but still reaping some (but not all) of the tax advantages of a buyback.\""}
{"_id": "150535", "title": "", "text": "It's been traded publicly for only about a month.  I wouldn't put much credence in a P/E ratio just yet because it hasn't had to report anything like a grown-up publicly traded company yet."}
{"_id": "150536", "title": "", "text": "&gt; U.S. housing prices are up more than 25% since the beginning of 2012. However, they **still need to climb** more than 20% to just reach their pre-recession highs  gets pretty annoying to constantly read about how much we're STILL OFF the high.  HIGH point was peak BUBBLE point.  Is that really a goal?, if so, why?"}
{"_id": "150543", "title": "", "text": "\"I think you can do it as long as those money don't come from illegal activities (money laundering, etc). The only taxes you should pay are on the interest generated by those money while sitting in the UK bank account. Since I suppose you already paid taxes on those money in Greece while you were earning those money. About being audited, in my own experience banks don't ask you much where your money are coming from when you bring money to them, they are very willing to help, and happy. (It's a differnte story when you ask to borrow money). When I opened a bank account in US I did not even have an SSN, but they didn't care much they just took my passport and used the passport number for registering the account. Obviously on the interest generated by the money in the US bank account I had to pay taxes, but it was easy because I simply let the IRS via the bank to withdarw the 27% on the interest generated (not on the capital deposited). I didn't put a huge amount of money there I had to live there for 1 year or some more. Maybe if i deposited a huge amount of money someone would have come to ask me how did I make all those money, but those money were legally generated by me working in Italy before so I didn't have anything to be afraid about. BTW: in Italy I was thinking to move money to a German bank in Germany. The risk of default is a nightmare, something of completly new now in UE compared to the past where each state had its own currency. According to Muro history says that in case of default it happened that some government prevented people from withdrawing money form bank accounts: \"\"Yes, historically governments have   shut down banks to prevent people from   withdrawing their money in times of   crisis. See Argentina circa 2001 or US   during Great Depression. The   government prevented people from   withdrawing their money and people   could do nothing while their money   rapidly lost value.\"\" but in case Greece prevents people from withdrwaing money, those money are still in EURO, so i'm wondering what would be the effect. I mean would it be fair that a Greek guy can not withdraw is EURO money whilest an Italian guy can withdraw the same currency money in Italy?!\""}
{"_id": "150544", "title": "", "text": "\"You probably bought the stock near the peak because \"\"it's been up a lot lately.\"\" That's the easiest way to lose money. You need to go back and do some basic research. The stock appears to have been expensive around 75. Why is that? The stock seems to be in a \"\"comfortable\"\" level around 45. Why is THAT? Maybe it's too expensive around 45 (based on the P/E ratio, or other measures); maybe you should buy more at 45, where it is cheap, even though 75 is too expensive. The key is to study the stock where it is today (45-47). Ask yourself what you would do at TODAY's price, and today's \"\"fundamentals.\"\" That will also save you from paying 75 for a stock worth 45, and should save you from paying 45 for a stock if it is only worth 35.\""}
{"_id": "150550", "title": "", "text": "\"You completely missed the point. There _are_ healthier options available today, so you're assuming people buy unhealthy processed foods simply because they want to (or are uninformed), neither of which l believe is the case for a majority of families that make up their main demographic.  For the single mom raising two kids on a modest (and yet still firmly \"\"middle class\"\") salary, it's already difficult enough to make ends meet. She doesn't buy organic simply because she doesn't want to, but _because she can't afford to_. Eliminating the cheap processed foods may be a good thing overall and longer term for society, but you're just going to make her situation even worse.\""}
{"_id": "150552", "title": "", "text": "James Gaubert specialise in SEO, PPC, website design and development, social media, CRM, loyalty, PR and direct Marketing and have worked with award-winning brands in agencies like SlipStream, Potion, ICLP, LBi, and MRM//McCANN. James Gaubert started Bruce Clay Middle East with just one employee and now boast a client base of over 15 global brands, with a 100 per cent retention rate for annual contracts."}
{"_id": "150595", "title": "", "text": "This is why I'll never be a CEO of anything. If I got all that money, and then didn't have a job, I'd for sure not be trying to get another one of those jobs. My ass would be gone. I don't care enough to try hard enough to ever get to that position. I have zero drive for that sort of thing. It doesn't even seem like a job I can understand someone wanting."}
{"_id": "150598", "title": "", "text": "\"This is fine, just have a plan before you go into it. Look up a co-ownership agreement contract off LegalZoom, they are like $15, or get a lawyer if you want. Decide if you want to be \"\"Joint tenants\"\" or \"\"Tenants in common\"\". You probably want to be joint tenants so that if one of you dies the property goes to the other person. Go through the agreement, make any changes you want, and then both sign it. These documents outline what happens if someone dies, or if you break up, or if you are allowed to sell your ownership, and anything else. Keep a record of who has paid what % of equity towards the house. Also look into tax laws, if the mortgage or house is only truly in 1 person's name they may get a tax break that the other person will not get. The co-ownership agreement is essentially the same agreement that happens when you're married, the only difference is that it happens automatically and implicitly when you're married. It's interesting that some people are saying this is a horrible idea when it's practically the same as the agreement you'd have if you were married. Whether you're single or married, if you own a house with another person and you break up, it's going to be a bit complicated. Get a contract in place beforehand so that things go as smoothly as possible. If you are both rational adults you shouldn't have any problems.\""}
{"_id": "150601", "title": "", "text": "First off, let me just say that you are an intelligent individual, and regardless of how heated this conversation gets I really appreciate the opportunity to talk with you about this.  I definitely don't disagree with you that Germany **got** it's debt by a different means and that the mechanisms that kept it in debt are different from the mechanisms that are effecting us today, but the discussion we're having does have everything to do with debt! We've been deficit spending for generations and we're trillions in the hole, and that's the psychological issue hanging over our heads.  I'm not arguing with the accepted principles of Macroeconomics. In fact, what's just occurred to me is that we could put together another Bretton-Woods type conference (which would hopefully learn from the mistakes of the previous systems) so we can design a system that will keep inflation low while we dump money into the economy. From what I understand, inflation has always been lower while these (albiet flawed) previous systems were in place, and the issue in my mind with dumping money while the debt situation is such a concern, is that speculators could sh*t the bed and devalue our currency"}
{"_id": "150607", "title": "", "text": "\"In England, currently and for most of the last fifty years, the standard length of the mortgage term is 25 years. A mortgage can be either a capital-and-interest mortgage, or interest-only. In the former, you pay off part of the original loan each month, plus the interest on the amount borrowed. In the latter, you only pay interest each month, and the original amount borrowed never reduces: you pay premiums on a life insurance policy, additionally, which is designed to pay off the original sum borrowed at the end of the 25 years. No one in England thinks that a 25 year loan has any drawbacks. The main point to appreciate is that the longer the period of the loan, the less you need to pay each month, because you are repaying the original loan - the capital - over a longer period of time. Thus, in principle, a mortgage is easier to repay the longer the term is, because the monthly payment is less. If you have a 12 year mortgage, you must pay back the original amount borrowed in half the time: the capital element in your payment each month is double what it would be if repaid over 25 years - i.e. if repaid over a period twice as long. Only if the borrower is less than 25 years away from retirement is a 25 years mortgage seen as a bad idea, by the lender - because, obviously, the lender relies on the borrower having an income sufficient to keep up the repayments. There are many complicating factors: an interest-only mortgage, where you pay back the original amount borrowed from the maturity proceeds from a life policy, puts you in a situation where the original capital sum never reduces, so you always pay the same each month. But on a straight repayment mortgage, the traditional type, you pay less and less each month as time goes by, for you are reducing the capital outstanding each month, and because that is reducing so is the amount of interest you pay each month (as this is calculated on the outstanding capital amount). There are snags to avoid, if you can. For example, some mortgage contracts impose penalties if the borrower repays more than the due monthly amount, hence in effect the borrower faces a - possibly heavy - financial penalty for early repayment of the loan. But not all mortgages include such a condition. If house prices are on a rising trend, the market value of the property will soon be worth considerably more than the amount owed on the mortgage, especially where the mortgage debt is reducing every month, as each repayment is made; so the bank or other lender will not be worried about lending over a 25 year term, because if it forecloses there should normally be no difficulty in recovering the outstanding amount from the sale proceeds. If the borrower falls behind on the repayments, or house prices fall, he may soon get into difficulties; but this could happen to anyone - it is not a particular problem of a 25 year term. Where a default in repayment occurs, the bank will often suggest lengthening the mortgage term, from 25 years to 30 years, in order to reduce the amount of the monthly repayment, as a means of helping the borrower. So longer terms than 25 years are in fact a positive solution in a case of financial difficulty.  Of course, the longer the term the greater the amount that the borrower will pay in total. But the longer the term, the less he will pay each month - at least on a traditional capital-and-interest mortgage. So it is a question of balancing those two competing factors.  As long as you do not have a mortgage condition that penalises the borrower for paying off the loan more quickly, it can make sense to have as long a term as possible, to begin with, which can be shortened by increasing the monthly repayment as fast as circumstances allow. In England, we used to have tax relief on mortgage payments, and so in times gone by it did make sense to let the mortgage run the full 25 years, in order to get maximum tax relief - the rules were very complex, but it tended to maximise your tax relief by paying over the longest possible period. But today, with no income tax relief given on mortgage payments, that is no longer a consideration in this country. The practical position is, of course, that you can never tell how long it might take you to pay off a mortgage. It is a gamble as to whether your income will rise in future years, and whether your job will last until your mortgage is paid off. You might fall ill, you might be made redundant, you might be demoted. Mortgage interest rates might rise. It is never possible to say that you \"\"can\"\" pay off the loan in a short time.  If you hope to do so, the only matters that actually fall within your control are the conditions of the mortgage contract itself. Get a good lawyer. Tell him to watch out for early-redemption penalties. Get a good financial adviser. Tell him to work out what you will need to pay in additional premiums on your life policy if you are considering taking an interest-only mortgage. Try to fix your mortgage rate in the first few years, for as long as possible, so that in your most vulnerable period, with the greatest amount owing, you are insulated against unexpected interest rate fluctuations. Only the initial conditions can be controlled, so it might be prudent to take as long a term as possible, even though a prudent borrower will leave himself room to reduce that term, and a prudent lender will leave room to extend it, in case of unpredictable changes in the financial circumstances. In England, most lenders are, in my experience, reluctant to grant mortgages for less than 25 years. That is simply a policy. Rightly or wrongly, the borrower usually has no choice about the length of the mortgbage term. Hence, in the UK it can be difficult to find a choice of interest rates based on differing mortgage terms. I am aware that the situation in the USA is rather different, but if I personally were faced with the choice I would be uncomfortable about taking on a short term mortgage, because of the factors I have outlined above.\""}
{"_id": "150628", "title": "", "text": "Most of my coworkers and the number of crappy looking hybrids I see in traffic everyday would disagree with you about the status symbol bit.  Nobody wants an ugly car, but people give a crap about the money they're spending on gas.  The environment may not be the primary reason, but neither is status.  Having an cheap, efficient car you can comfortably commute in, is pretty valuable to most people."}
{"_id": "150630", "title": "", "text": "&gt;Olsavsky\u2019s answer came in response to a question from Douglas Anmuth, an analyst at J.P. Morgan Securities, on whether Amazon had considered using Whole Foods\u2019 more than 400 brick-and-mortar stores to establish a physical pharmacy presence, which it has reportedly received wholesale licensing for in at least 12 states.   I think this is the natural next step to their retail strategy, especially given that Olsavsky declined to get specific on their pharmaceutical strategy. he did expand further on wanting to get their existing physical products in front of people:    &gt;I will say we do see a lot of opportunity with Whole Foods. As I said, there\u2019ll be a lot of work together between Prime Now, AmazonFresh, Whole Foods, Whole Foods products on the Amazon site, Amazon Lockers at the Whole Foods stores. So, there\u2019ll be a lot of integration, a lot of touch points and a lot of working together as we go forward. And we think we\u2019ll be also developing new store formats and everything else just as we talked about in the past before Whole Foods: Amazon Books stores, Amazon Go, and the opportunity that that technology presents. We have on-campus bookstores."}
{"_id": "150632", "title": "", "text": "You can hedge your house price from losing value if you believe that the housing market is correlated with major stock indices. Speak with a commodities broker because they will be able to help you buy puts on stock indices which if correlated with housing prices will offer somewhat of a hedge. Example. House prices drop 30% because of weak economy, stocks will generally drop around that same amount 30%. If you have enough exposure to in the puts compared to your house value you will be protected. You can also buy calls in 30 year bonds for interest rate lock if you are not on a fixed interest rate. Many investors like warren buffet and carl icahn have been protecting them selves from a potential market downward turn. Speak to a local commodity broker to get some detailed advice, not etrade or any discount brokers they won't be able to help you specialize your trades. look for a full time commodity broker house."}
{"_id": "150638", "title": "", "text": "\"Oh, so you were sarcastic.  &gt; And when Iran goes nuclear, Saudi Arabia will be quick to follow, and then Jordan and Turkey . .  Actually, the truth, all Arab/Muslim countries in the area (except Turkey recently) know that Israel have nuclear weapons, don't worry about it at all, and always relied on Israel to save them if they get attacked by nuclear weapons.  So, if Iran get nuclear weapons, which they will, then Israel will have \"\"treaty\"\" with all the Arab countries to protect them against Iran.  We will have peace in the middle east between Israel and all Arab countries (except the \"\"Palestinians\"\"), as we will all be united against Iran.\""}
{"_id": "150650", "title": "", "text": "\"Excess Cash = Cash & Equivalents + Long-Term Investments - Current Liabilities The problem this calculation of excess cash is that \"\"long-term investments\"\" can be illiquid things like real estate. Another flaw is that it gives no credit for Current Assets, like receivables, which can be used to offset Current Liabilities. The first thing I'd do is \"\"net out\"\" Current Assets and Current Liabilities, then add Cash back in.  Excess Cash = Current Assets - Current Liabilities + Cash & Equivalents. It would be nice if GAAP would require Long-Term Investments to be broken out as a) liquid long-term investments (stocks, bonds) b) illiquid long-term investments (real estate, private equity, etc)\""}
{"_id": "150652", "title": "", "text": "The future of shopping will belong to those who are able to capitalize on some of the biggest retail industry challenges amidst increasing competition: deeper consumer engagement, cross channel strategy, rapid product innovation, cost efficiencies, value chain integration and more."}
{"_id": "150661", "title": "", "text": "Although a green economy would be great for the world, renewable energy cannot be widely adopted as the sole energy source until transportation of electric becomes more efficient. We are dependent on energy from chemical potential because it can stored and transported with ease. Hopefully technology will advance to allow renewables to be transported, but in 2017 it is not possible to have a completely green economy"}
{"_id": "150665", "title": "", "text": "Jasmine Coconut Oil is a popular nutritional oil derived from the meat of matured coconuts and gently soothe onto skin daily or as needed when skin feels thirsty &amp; needs comfort. M.M. Ayurvedic are manufacturer of jasmine coconut oil and located in Kolkata. Their team consists of highly qualified professionals who are experts in their respective fields."}
{"_id": "150672", "title": "", "text": "&gt;Banks benefit from lower interest rates because it decreases the rate at which they can borrow from the Federal Reserve from.  But what matters is the spread: if rates on the borrowing and lending side go down, the spread % shrinks, which makes banks less profitable. That's why bank stocks go up when higher rates are anticipated. You can think of a bank stock as being long interest rates.  That's why bank stocks have lagged the rest of the market during this long bull market.  &gt;Bank's Assets aren't all debt  The vast majority is for most banks. GS and MS are the rare exceptions."}
{"_id": "150692", "title": "", "text": "\"There's several approaches to the stock market. The first thing you need to do is decide which you're going to take. The first is the case of the standard investor saving money for retirement (or some other long-term goal). He already has a job. He's not really interested in another job. He doesn't want to spend thousands of hours doing research. He should buy mutual funds or similar instruments to build diversified holdings all over the world. He's going to have is money invested for years at a time. He won't earn spectacular amazing awesome returns, but he'll earn solid returns. There will be a few years when he loses money, but he'll recover it just by waiting. The second is the case of the day trader. He attempts to understand ultra-short-term movements in stock prices due to news, rumors, and other things which stem from quirks of the market and the people who trade in it. He buys a stock, and when it's up a fraction of a percent half an hour later, sells it. This is very risky, requires a lot of attention and a good amount of money to work with, and you can lose a lot of money too. The modern day-trader also needs to compete with the \"\"high-frequency trading\"\" desks of Wall Street firms, with super-optimized computer networks located a block away from the exchange so that they can make orders faster than the guy two blocks away. I don't recommend this approach at all. The third case is the guy who wants to beat the market. He's got long-term aspirations and vision, but he does a lot more research into individual companies, figures out which are worth buying and which are not, and invests accordingly. (This is how Warren Buffett made it big.) You can make it work, but it's like starting a business: it's a ton of work, requires a good amount of money to get going, and you still risk losing lots of it.  The fourth case is the guy who mostly invests in broad market indexes like #1, but has a little money set aside for the stocks he's researched and likes enough to invest in like #3. He's not going to make money like Warren Buffett, but he may get a little bit of an edge on the rest of the market. If he doesn't, and ends up losing money there instead, the rest of his stocks are still chugging along. The last and stupidest way is to treat it all like magic, buying things without understanding them or a clear plan of what you're going to do with them. You risk losing all your money. (You also risk having it stagnate.) Good to see you want to avoid it. :)\""}
{"_id": "150693", "title": "", "text": "BBA major with concentration in accounting, after landing an internship at a well known community bank as a credit analyst summer intern I'm considering shifting my focus to a career in finance/banking.  Throwaway account:   I like the work I'm  doing now, and know it can be very rewarding and competitive, so I'm considering doing this or something similar as a career, if it's feasible.  Work consists of Small business loans mostly, companies with mid seven figure revenue on the high end. I mostly do spreads and underwriting.  This is all new to me. I'm very familiar with recruiting in accounting and the opportunities available to me there, but finance is new to me as a focus. Any advice on where to start? What jobs would my internship look good applying to, and how could I make the leap to an investment banking/ M&amp;A role in the future?  Ancillary info:  4.0, non-focus school, decent personal skills and a heavy focus on volunteering. I've started networking but I'm in my senior year and most of it has been focused on accounting. Looking to focus more on networking over the remainder of the internship.  I would appreciate any insight or resource you could point me to, thanks."}
{"_id": "150707", "title": "", "text": "Defined benefit pension funds will typically target treasuries + a spread that depends on how well funded the plan is and the duration of the liabilities. So for example, if a DB fund is 90% funded (meaning assets are 90% of liabilities) and the liabilities have a duration of 20 years, they will target the 20 year treasury rate + a spread that will bring the plan to just over 100% funded in around 20 years. This spread will usually be much lower than 8% p.a. Obviously it's much more complicated than this, but hopefully this gives a general idea."}
{"_id": "150711", "title": "", "text": "At least Fry's offers some ridiculous sales if you're willing to wait for them.  I haven't used them myself for any major purchases because I'm originally from the east coast, and now I'd rather just pay a bit more at Amazon to be guaranteed a hassle-free experience.  That being said, I've *still* been tempted once or twice."}
{"_id": "150721", "title": "", "text": "I'm guessing it depends on how much you'd be paying for membership. If you save more than the membership costs you and you actually use the products you buy and they don't get thrown away, then it's worth it. I'm not a member of a warehouse club but I do have a membership for another wholesale outlet, so I know a little bit about buying in bulk.  You need to take the same approach to buying goods wholesale as you would in an ordinary outlet, and do a few more things besides. Things like writing a list and sticking to it, making that list logically, so that you minimise the amount of time you spend walking around the shop. The less you see, the less you are likely to buy. Don't be taken in by offers, it's only a bargain if it's something you would have bought anyway. Don't shop on an empty stomach or with you children. And with bulk buying, you have to stick to things with long dates, unless your family gets through something at a phenomenal rate. Things like pet food are good, sugar too if you do a lot of home baking, that kind of thing. Toilet paper and kitchen roll are great to buy in bulk if you have the storage space and toothbrushes are good too. You'll always need them, always need to replace them, they don't take up much space and don't have a use by.  The rules differ from family to family. Look at what your family uses and how much time it takes to get through something. That's the best place to start."}
{"_id": "150735", "title": "", "text": "\"[This is the simple solution.](http://market-ticker.org/akcs-www?singlepost=3041628)  \"\"Since the Securities and Exchange Act requires that all orders must be intended to execute there's a simple way to prevent this sort of nanosecond game, where any part of the strategy involves \"\"flashing\"\" an order that isn't really intended to execute and thus clear through the exchange: Force all orders to be valid for two full seconds or until executed.\"\"\""}
{"_id": "150741", "title": "", "text": "\"For the Google impaired:  McDonald's Corp. MCD +0.26%  on Friday reported its worst monthly calendar-adjusted global same-store sales since early 2003 as it deals with a meat-supplier scandal in China and continued weakness in the U.S.  Global sales fell 2.5% in July, far worse than expected. The steepest drop came in its Asia/Pacific, Middle East and Africa region, where sales at existing locations slumped 7.3% last month. Analysts expected a 0.5% drop in that region.  The bigger problem for the company is continued weakness in the U.S., its largest market in terms of restaurants. For July, McDonald's reported the ninth consecutive month of negative or flat same-store sales growth in the U.S.\u2014its longest stretch without growth in its core market since 2003.  The world's biggest restaurant chain and its chief executive of the past two years, Don Thompson, are currently wrestling with significant challenges on multiple fronts. McDonald's has lost sales momentum over the past year in its home market as U.S. consumers defect to fast food rivals such as Burger King Worldwide Inc. BKW +0.15%  or fast casual chains like Chipotle Mexican Grill Inc. CMG -0.32%  Analysts are beginning to wonder how McDonald's will get the chain growing again. \"\"While we admire McDonald's global footprint, strong brand, and proven business model, without clear comp drivers to act as catalysts, we remain unconvinced of a substantial reacceleration in results,\"\" Bernstein analyst Sara Senatore said.  In its core market, McDonald's is also contending with an intensifying campaign to improve wages and other conditions for fast-food workers. The National Labor Relations Board determined last month that McDonald's could be treated as a joint employer with its franchisees in labor complaints, which could make the company liable for the actions of its franchisees. The decision by the NLRB's general counsel came in response to complaints alleging that McDonald's and its franchisees violated the rights of employees involved in protests seeking higher wages and the right to organize. McDonald's vowed to fight the decision.  Also last month, McDonald's suffered a major setback in China, which had been a bright spot for its global growth, when authorities accused a supplier of selling expired meat to McDonald's and other fast-food outlets. The meat, from Shanghai Husi Food Co., a subsidiary of longtime McDonald's supplier OSI Group Inc. of the U.S., had been sold to restaurants in China, Japan and other markets that account for approximately 10% of global systemwide sales.  McDonald's cut ties with Shanghai Husi, forcing it to halt sales of burgers and chicken McNuggets at many of its more than 2,000 restaurants in China as it worked to find alternative suppliers. The chain said Monday it hoped within a week to return those items to the menus.  McDonald's previously indicated that full-year 2014 global comparable sales were expected to be relatively flat, but now the company is saying the China supplier issue has put its global sales forecast for 2014 at risk.  \"\"Going forward, McDonald's is undertaking recovery strategies to restore customers' trust and confidence\"\" in those markets, the company said Friday.  Investors took the news on Friday with relative calm, with McDonald's shares gaining 24 cents to close at $93.55. Still, the stock\u2014which nearly tripled in value from 2002 through 2011 and was one of the best performers during the recession\u2014has risen just over 5% since Mr. Thompson took over in July 2012, underperforming key indexes and the shares of major rivals.  The U.S., home to more than 14,000 of McDonald's 35,000-plus global restaurants, has been particularly challenging for McDonald's, where the company has said it has lost relevance with consumers. U.S. sales declined 3.2% in July, worse than the 2.6% decline analysts expected.  Mr. Thompson recently told investors the company first needs to repair the fundamentals, such as staffing restaurants appropriately during peak hours, and noted that the company is working to streamline its menu as previous efforts to roll out numerous menu items complicated kitchen operations and slowed service.  \"\"McDonald's U.S. remains focused on enhancing its customer relevance and appeal through service, value and menu initiatives,\"\" the company said Friday.  McDonald's set up a so-called learning lab last September in Laguna Niguel, Calif., where it is testing customizable burgers. The company also opened a digital office in San Francisco in June where it is developing mobile ordering and payment initiatives and digital marketing strategies.  Sales at existing restaurants in Europe rose 0.5%, led by positive performance in France and the U.K., which was partially offset by negative performance in Germany and Russia.  \u2014Anna Prior contributed to this article.  Write to Julie Jargon at julie.jargon@wsj.com\""}
{"_id": "150750", "title": "", "text": "The big news houses have struggled to grasp the crypto space. Most articles by Bloomberg etc are riddled with errors, but in time, the quality and depth of analysis will improve. Though many are quick to call bubble, one can argue that the crypto space had its bubble before it crashed, largely before there was any improvement or development in the tech. Today, there is heavy investment and development, including many Fortune 500 companies who have joined EEA. The winners and losers will shake out, and only then will large institutional investors begin to consider this as an investable space (largely as hedges against adverse affects in other currencies and asset classes)."}
{"_id": "150751", "title": "", "text": "Not all his restaurants are geographically close to each other. He tends to run higher-end places that emphasize fresh ingredients, so sourcing from packaged goods suppliers like Sysco that emphasize convenience for a price and trade off of some quality could adversely impact his top and bottom lines. His buyers might head up localized buying co-ops with other restaurants to buy in committed quantities from local suppliers in exchange for substantial discounts. An unenviable challenge."}
{"_id": "150756", "title": "", "text": "\"Assuming that the assets in the \"\"old\"\" TFSA are in cash, you could simply withdraw the money and redeposit it in the \"\"new\"\" TFSA, in the following year!!. The yearly limit is on your gross deposits for the year, not the net. This method obviously works best near the end of December.  You should expect the new TFSA to briefly question the amount;  they don't want to help you make a costly mistake. At other times, the direct transfer in @Grade EhBacon's answer would be better.\""}
{"_id": "150759", "title": "", "text": "Remember battlestar gallactica? I thought it was fucking awful but the reason the ship survived is because they use shitty technology that isn't networked. So in the event of a war, one computer virus (like say Stuxnet) won't KO the subs because they're all running on old technology."}
{"_id": "150770", "title": "", "text": "Supplier of Quartz Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. These products are safe to use. Our products are available in various specifications. Before introducing in market our products are tested for their optimum quality. Our products are well known in market for their rich chemical and physical properties.  Our mineral products are chemically stable, highly effective and efficient and in accurate composition. Our packaging materials are quality approved and it provide complete safety to quartz grit product. Comprehensive range of quartz grit is available for varying applications."}
{"_id": "150809", "title": "", "text": "You are not allowed to pick and choose what years to take a loss once the stock/fund is sold.  While I realize it might be too late for you to do anything now, in the future if members should read this, they might consider doing a Roth conversion during that year they will have $3000 in losses. This way they will show some income that can be offset by that loss, effectively getting a free conversion to the Roth."}
{"_id": "150810", "title": "", "text": "\"Manufacturers sometimes give incentives to car dealers to ensure that the prior year models are sold out before the year is up.  However, dealers are usually pretty smart on only ordering the cars they know they can sell before this happens.  Also, manufacturers are usually pretty good about only producing enough vehicles to cover demand.   Honestly, you aren't likely to see these incentives materialize unless the manufacturer really screwed up.   If that happens then three things occur.  First is that manufacturers give a hidden incentive to the dealers.  Dealers won't publicize this, even internally.  If the cars are still not moving after a month, then the dealers will tell the salespeople that those cars have a specific \"\"bonus\"\" on them.  If those cars still don't sell, then the bonus inflates quite a bit and dealers begin advertising that car at a deep discount on the radio.  It's pretty much guaranteed to sell at that point. Barring those circumstances, the deal you get on a brand new car, late in the model year, is likely to be the same you could have gotten early in the model year.   Honestly, if you want the best deal possible, look at the date of the inspection sticker on the car.  If it is close to the 3 month mark then the dealer will bend over backwards to sell the car as the finance costs are racking up on it.  They'll often sell that one at heavy discounts.\""}
{"_id": "150813", "title": "", "text": "Tesla has over $8B in depreciated PP&amp;E on the books, and long-term debt and capital leases approx. $7B prior to the debt issuance.  Depending on the priority of claim on the $1.5B of new issuance, taking a position on the bonds might have some decent security on liquidated Tesla assets."}
{"_id": "150818", "title": "", "text": "Horrible comparison. The banks had a government plan save them. Plus, just because you may understand the top-down financial fuckery that went on, don't think that the average lay-person did.  To the average person now however, he dun took drugs an' cheated"}
{"_id": "150822", "title": "", "text": "Flying within Europe, I have had Swiss refusing to let me take a cabin trolley and a small laptop bag on board. I'm not so worri d about pickup at the aircraft but I don't want to wait at baggage claim."}
{"_id": "150837", "title": "", "text": "It's a serious problem for traditional cinema: while I personally really enjoyed some recent films less critically-acclaimed like Ghost in the Shell's remake and more widely well-received films like It and Blade Runner 2049, the industry is clearly in a slump numbers-wise.  With Netflix, Amazon, Hulu, YouTube, and of course torrenting - it is harder to get as many people to the cinemas consistently.   It's a bit sad - at the surface, it would seem that if a series of really quality, however imperfect fall blockbuster films like It and and 2049 cannot sufficiently act as a defibrillator for the industry, it's not the type/quality of movies that are the only problem.   We're still getting plenty of action movies, superhero movies, Disney family movies, war movies, classic remakes, and romcoms...but people are choosing to go less.    For the foreseeable future - this is the new normal.  Fewer people are guying to movie theatres and the ones that do will go less often.  Cinema and Film companies are going to need to work within a model where a film opens to less people and will still be able to make money on the back-end with digital/online release.  I think there will always be a niche for people who want to see a movie when it's new on the big screen - so in the long run, I think the more premium cinemas like Alamo Drafthouse with the more premium experience with stylish contemporary theaters with comfortable seats, food, alcohol, etc will still get people in the door.  AMC and Regal will need to adapt to this model too and in some major cities, already are trying - AMC might be having slightly more success at this so far, but we'll see.  The industry will probably need to begin to operate more like a niche premium product in order to survive."}
{"_id": "150839", "title": "", "text": "I don't know about anyone else, but I see this going as well as the self-service checkout counters at the grocery store. This isn't a tactic to speed up our experience - its a tactic to enhance the bottom line of an already dehumanizing and money-centric travel industry."}
{"_id": "150842", "title": "", "text": "A premium car rental agency will sell a car which is working very well and quite far from the verge of breaking apart. They don't want to take the risk that one of their premium customers paying premium rates receives a worn-looking car which runs less than absolutely perfect (or even breaks down). They need to keep up their premium reputation. These premium agency also have a major marketing impact for the car industry. That's probably the main reason why they receive such massive discounts (see thelem's post). Obviously, the Mercedes Benz AMG Edition rental car will have a lasting impression on the driver (and the people not renting it, but seeing the boastful ads of the car rental company). So both the car industry and the rental company want this lasting impression to be a perfect one. A holiday car rental agency may have much lower standards. They often don't have recurring customers. They don't rent premium cars to premium customers but cheap cars to cheap customers.They don't receive the discounts the premium agencies receive. And they will milk their car to the max. You will notice that they windows fall out of the car when you bang the door shut. You will find that opening the door will be more difficult than breaking into the car. The seats may be stained - at least in the spots where some of the upholsters is still present. On the plus side, if you are lucky, the heating still works. On the minus side, you might not be able to turn it off. Water might leak into the car when it's raining, but that's not much of a problem as it will drain out through the holes in the bottom. No fear that water might rush in through these holes when driving though a puddle - the engine will not start during humid weather, so that's a non-issue. In any case, car rental customer might have mistreated the car. The engine has most probably not been run in. However, this appears to be less than an issue with modern car than it has been in the past. And very very few rental car drivers think that they really have to absolutely emulate Michael Schumacher just because they drive a car which is not their own. And anyway, that is a risk you take with about any used car."}
{"_id": "150847", "title": "", "text": "I thought the same. Money as a transferable item is against future items, and debt is a transferable item against future money, which is also seen as a much farther into the future item.  Money = tomorrows item. Debt = tomorrows money = (tomorrows item)(time +1); or longer if we agree to pay it off over 20 years  Interestingly I have seen a writeup on why gold is the material of choice.   If someone can find this it would be great but I will try write from memory, Google is not helping. The story is something like this:  Essentially when trading a material for jewellery we had difficulty finding what material to use. Obviously it must be something hardy and tough, but not common. Metals are the obvious choice, although crystalline structures like gems and opals are useful. The reason for metals are that they can easily and repeatably be shaped into a form that will be aesthetically pleasing and hold its shape.   But which specific metal is to be chosen; obviously it must be chemically stable, so potassium magnesium and those metal like elements are removed from contention. It must be rare so items like lead, iron and copper are too common, although not worthless.  The most stable, malleable and rare materials are Platinum, Silver and Gold.   Platinum requires too high a melting point to be suitable; the requirements to smelt and handle it as a material are too high. Not to deny the value but the common use it prohibitive.   Silver is easier to handle, but tends to tarnish. Continuous upkeep is required and this becomes a detraction of its full value.  Finally Gold, rare, low melting point, resistant to tarnishing and oxidation, rare, malleable and pretty. A sweet spot of all materials."}
{"_id": "150857", "title": "", "text": "\"If you're \"\"living off the land\"\" and make no money, then you don't have to file.  Though you might be able to actually make money through credits and the like if you do file. If you've lost more than you've made, then you'll probably need to file since someone will have needed to report that they paid you (W-2 or 1099-MISC).  If the IRS receives a form saying that you made X and you don't file, they aren't going to just take your word for it that you lost more than you made, right?  That, and if you want a refund, you'll almost certainly need to file to get it.\""}
{"_id": "150862", "title": "", "text": "\"Wireless capabilities see Nikola tesla every type of communication outside of the walkie talkie really was created without the government. So the fact that i was born here against my own free will automatically gives the government the right to seize the fruits of my labor? This is where this bullshit statist logic falls apart because the only rebuttal you have is \"\"well just leave then!\"\" Which is fucking stupid and in pretty sure I already gave you 1 way but I'll say it again cuz it's clear you're incapable of following along, federal sales tax. With federal sales tax there are no deductions or coercion. Also the more money individuals have in their pocket  (disposable income) the more likely they are to spend and grow the economy. That's why you see countries like Sweden with insane tax rates seeing limited growth and in a lot of cases on the verge of an economic collapse. So if people have more disposable income causing them to have more purchasing power a federal sales tax would probably do better than an income tax and the people would receive something tangible instead of just losing 25% of their pay check. Btw don't ever say my income tax pays for roads because they don't that's what a gas tax is for. A majority of our infrastructure is paid for with revenue from other taxes not income. Income taxes pay mostly into military budget and social programs ie social security\""}
{"_id": "150867", "title": "", "text": "I agree with a lot of what you said, and I know a great many esteemed economists are trying to point the big finger of blame at the rating agencies who could have and should have scrutinized what they were evaluating as opposed to capitulating because of cash. However, you did not mention leveraging. Leveraging, when left unchecked becomes very dangerous. Although you have an opportunity to make far more than the initial investment would supply without the added leverage, any loss becomes exponentially more devastating, and quickly your loss from this one transaction is more than your initial investment. Not to mention when everyone finds out, and nobody wants to buy the bullshit funds you were peddling, and you can't repay the person who gave you leverage.......then kabbboooom"}
{"_id": "150870", "title": "", "text": "Fomblin oil is great to use in rotary vacuum pumps. This particular fluid makes for excellent base oils for high temperature and high performance. Indeed Fomblin can infuse exceptionally long service life with its incredible lubricant properties and increase the efficiency level of the vacuum pump with absolute ease."}
{"_id": "150878", "title": "", "text": "No, you cannot. If you withdraw everything from all your Roth IRA's and end up with less than the total basis - you can deduct the difference on your schedule A (at the time of the last withdrawal) as an itemized deduction (as misc. deductions with 2% AGI cap). Regular IRA's are pre-tax, you cannot deduct anything from them."}
{"_id": "150883", "title": "", "text": "There are a couple of cases where I'd argue in favor of the 401k: Employer matching - If the employer matches your contributions, then it makes sense to get these additional investments which if you are in a low bracket may exist as highly-compensated employees may want those in the lower brackets to contribute as much as they can. Investment options - If the employer has enough assets in the plan, there could be access to institutional versions of those funds.  For example, compare Vanguard Institutional Index Instl Pl (VIIIX) with Vanguard 500 Index Inv (VFINX), where the expense ratio in the former is just .02% while the latter is .17%.  Granted this is a minor difference in expenses, there is something to be said for how much a .15% drag year over year could add up."}
{"_id": "150886", "title": "", "text": "In some country's even retail competitors set up a cartel like scheme and they pressure the fuck out of farmer and producers to drop prices, and obey to their promotion's.  It's like they give them the volume to expand, and now that you are in a whole other level of production cut down prices or you'll be left with perishable goods with a limited shelf life, and no one to buy them."}
{"_id": "150890", "title": "", "text": "You should find out the largest collection of silicone gel sheets, from where you can buy in affordable price. The EasyMeds Health is one of the most online seller where you can trust. Here available in affordable silicone gel sheets, the silicone gel sheets are low cost, it is easy to use and help you. The silicone gel sheets are clinically proven to help the reduction of red, dark or raised scars, old and new. We ensure that you are in control of your health and if something needs attention."}
{"_id": "150893", "title": "", "text": "\"I would strongly consider renting; as homes are often viewed by people as \"\"investments\"\" but in reality they are costs, just like renting. The time-frame for return is so long, the interest rate structure in terms of your mortgage payments; if you buy, you must be prepared to and willing to stay at minimum 7-10 years; because anything can happen. Hot markets turn cold. Or stale, and just the closing costs will cause it be less advantageous to renting.  Before buying a property, ask yourself does it meet these 5 criteria:  IDEAL I - Income; the property will provide positive cash flow through renters.  D - Depreciation; tax savings.  E - Equity; building equity in the property- the best way is through interest only loans. There is NO reason to pay any principle on any property purchase. You do 5 year interest only loans; keep your payments low; and build equity over time as the property price rises. Look how much \"\"principle\"\" you actually pay down over the first 7 years on a 30 year mortgage. Virtually Nil.  A - Appreciation - The property will over time go up in value. Period. There is no need to pay any principle. Your Equity will come from this... time.  L - Leverage; As the property becomes more valuable; you will have equity stake, enabling you to get higher credit lines, lines of equity credit, to purchase more properties that are IDEA.  When you are RICH, MARRIED, and getting ready for a FAMILY, then buy your home and build it.  Until then, rent, it will keep your options open. It will keep your costs low. It will protect you from market downturns as leases are typically only 1 year at most. You will have freedom. You will not have to deal with repairs. A new Water Heater, AC unit, the list goes on and on. Focus on making money, and when you want to buy your first house. Buy a duplex; rent it out to two tenants, and make sure it's IDEAL.\""}
{"_id": "150895", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theatlantic.com/magazine/archive/2017/09/are-index-funds-evil/534183/) reduced by 94%. (I'm a bot) ***** &gt; Best of all for their investors, index funds have consistently beaten the performance of stock-pickers and actively managed funds, whose higher fees may support the Manhattan lifestyle of many bankers, but turn out not to deliver much to customers.  &gt; One journal article argues that large index funds are violating antitrust law; another recommends a limit on index funds owning stock in more than one company in an industry.  &gt; Azar emphasized to me that common ownership is less problematic if index funds own only a small share of a company&amp;#039;s stock, or if the company has other very large shareholders who don&amp;#039;t also own shares in the company&amp;#039;s competitors.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tb4aa/are_index_funds_bad_for_the_economy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~189518 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Common**^#1 **company**^#2 **funds**^#3 **Ownership**^#4 **index**^#5\""}
{"_id": "150902", "title": "", "text": "Black Cabs arent allowed to do this. If they do, say you cant pay. They can call the police, but the police will tell them that they should have said the machine was broken when you got in the cab. It will still cost you \u00a320,000,000 though."}
{"_id": "150903", "title": "", "text": "Use a remitting service such as Ria Money Transfer. Almost all these services allow you to transfer upto $2999 at a time. So, you would be able to transfer the entire amount of $4500 within 2 business days(There is a monthly limit too, but it will definitely be more than $4500). There are no fees to use these services, but they do scrape off a bit on the currency rate. As of today you are getting 624 GBP for $1000 whereas the market rate is $641.95. You still save roughly $17 and 4 transactions, which adds up to more than $100. Here is a link to Ria's website. Other services, include Xoom, Western Union, Money Dart and Money Gram."}
{"_id": "150927", "title": "", "text": "Along with the above reasons, the fact that DHA are under investigation by the Federal Police, should be a red flag to any potential investor. The Federal Police aren't called in over parking fines.  The rules that are in place for effective and appropriate management appear to have been compromised. I would like to see DHA's marketing people explain why the Department of Finance called in the Feds. To clarify further, with any investment, the potential investor must satisfy beyond any doubt whether there's a problem with an individual or with the way the organisation is managed as a whole. Look at the Big Four banks. To complete the research I suggest wait until DHA release an appropriate public statement (hopefully a sensible one that is honest- but don't hold your breath). I can see parallels with the recent scandal with HSU. When management is being led away in handcuffs it may be too late to change your mind."}
{"_id": "150931", "title": "", "text": "\"is this going to turn into one of those oh-so-common cases where you demand an example, and then when I actually give you an example, you will just say \"\"lol that doesn't count for such and such reasons, give me another\"\" and we end up in an endless loop where you keep just moving the goalposts?  medieval Iceland. There was no government, just various local chiefs. people could voluntarily choose to join under a chief if they wanted, who would provide them with legal protection in return for whatever form of payment/service. legal disputes within a chieftain's \"\"clan\"\" were solved privately, as were disputes between rival clans. There was effectively no government. This lasted for a few hundred years, eventually a Norwegian king basically garnered support and eventually took over.  it wasn't perfect anarcho-capitalism, but it was certainly a society without a government, and it did relatively well.\""}
{"_id": "150952", "title": "", "text": "Marriott is an international company that has developments abroad which can act as a buffer for volatility.  People aren\u2019t going to stop traveling, they just won\u2019t come here and Marriott can take advantage of that with their properties abroad, but there are plenty of other companies that can\u2019t.   You may not buy it because you\u2019re too busy sucking Trumps dick, but you\u2019re missing one other important fact.  Guess which countries we get the most tourists from... I\u2019ll give you a hint one of them eat lots of tacos and the other likes maple syrup. We get almost half of our tourism from Mexico and Canada.  Mexico accounts for a full quarter of our tourism.    http://tinet.ita.doc.gov/view/m-2016-I-001/table1.asp  The argument isn\u2019t about the economy overall.  It\u2019s about the tourism sector.  Trump is lucky that Obama set him up with a strong economy, but he still manages to threaten it.  And he\u2019s really threatening the tourism sector of our economy.    I\u2019m not going to hold your hand while you suck Trumps dick.  You\u2019re going to have to pull your head out of your ass yourself.  If you want to remain skeptical it\u2019s your right.  You can remain ignorant all you want.  After all, Trump rose to power on people\u2019s skepticism of experts.  If that\u2019s the road you want to follow good for you but do the rest of the country a favor and go fuck off to some deserted island where you can shoot yourself in the foot without hurting the rest of us.  This shit isn\u2019t hard to understand.  You just can\u2019t admit that your hero is actively fucking this country over.  Like I said, do your fellow countrymen a favor and fuck off.  The country would be much better off if all you Trump supporting idiots removed yourself from politics and stopped trying to intervene in issues you don\u2019t understand."}
{"_id": "150968", "title": "", "text": "There's a company in my town that is notorious for refusing to hire people over 35.  They prefer to hire 20-somethings, work them them to exhaustion, and then dump them by the side of the road, career-wise, with the 20-something clutching a good reference letter in their hand if they're lucky.  I would love to work 3 days a week.  In truth, as a Veteran with chronic pain I sleep so lousy, and I'm so poorly integrated socially, that work is the primary place where I interact with people, so I keep on with it because the alternative is me sitting at home listening to my neighbour's dog howling the song of the damned for hours, or hearing their blaring telly as they drink themselves into a stupor and then leave the damned thing on all night after they eventually pass out.  I really thought retirement age would be better, but I closed on this place and I'm stuck here for a while."}
{"_id": "150998", "title": "", "text": "That explains the ridiculously shit customer experience I've had (I'm not originally from Aus). Energex sent 3 technicians 3 separate times to connect the power to my unit but I still had no power, and claimed I was lying....only for me to find out 6 weeks later they had hooked power to the wrong (empty) apartment!   But it doesn't matter. We still have to pay them since they're the only distributor here in QLD :("}
{"_id": "151002", "title": "", "text": "After doing this many times, my preferred method is: The reason being that the US banks will use every chance possible to take your money in fees. Usually the German bank website will tell you what the current exchange rate. You were correct in selecting Transfer in $ and got the exchange rate. In my experience if you transfer in Euros, the US bank at the other end, will take about 3-5%, because they can. Selecting OUR means that you only have the fee taken out by the Source bank. By doing shared, it looks like both banks took their full fee. If you chose OUR, I'm fairly certain you just would have paid the 1.50 and the 20. Chase would not have taken the 15."}
{"_id": "151023", "title": "", "text": "An LLC is a very flexible company when it comes to taxation.  You have three basic tax options: There are other good reasons to create an LLC (mainly to protect your personal assets) so even if you decide that you don't want to deal with the complications of an S-Corp LLC, you should still consider creating a sole proprietorship LLC."}
{"_id": "151033", "title": "", "text": "The one thing I would like to add to Ben's answer is that you will be lucky to get out of this with no proceeds.   So that 30-40K paid for the timeshare maybe a total loss. If this purchase was financed with the timeshare used as collateral you may need to pay it off prior to being released. One tactic I heard used is to offer the sales team, that sold you the timeshare, a bonus for selling yours instead of one out of inventory.  Assuming their commission is typically 25% of the sales price, you might consider offering them 40% or some higher figure.  Doing it this way, you will have all the slick marketing on your side probably generating the highest amount of revenue possible. Timeshares are really bad deals.  If you know this you can score some cheap vacations by attending their seminars and continuing to say no.  The wife and I recently got back from a nice trip to Aruba mostly paid for with airline points, and a 2 hour timeshare tour."}
{"_id": "151035", "title": "", "text": "Or you know, going from 28k to 50k because I got my degree was 100% worth the 66k of debt I took out to fund myself. Spending 100k overall to get my wife and me through school bumped our pay by 40k a year.   In honesty, even a lot of risk-averse people look at school and think it's a great plan because, by and large, in-demand degrees pay for themselves quickly when the economy isn't in a recession.   edit: to further clarify, a lot of our debt was used for daycare and paying our mortgage and bills while we did school. The tuition itself was almost entirely paid for through grants and scholarships. It wasn't like playing the lottery, it was a methodical and logical approach to handling our finances that led us both to agree that quitting work for a couple years was worthwhile, and we had the credit and FICO score to pull it off."}
{"_id": "151037", "title": "", "text": "Disallowed losses due to the wash sale rule are added to the basis of the repurchased shares.  In your example, on day two you paid $0.70 per share. Then the disallowed $0.30 loss from the previous day gets added to the basis, making your total basis $1.00 per share. When you sell at the end of the day for $1.00 per share, your net gain/loss is zero. Furthermore, you can recapture disallowed losses by selling the last lot of ABC, completely divesting yourself of all holdings in ABC for at least 31 days. Even if that last lot was a loss, when taking into account the increased basis from previously disallowed wash sale losses, you can claim the loss fully on this last, non-wash sale."}
{"_id": "151042", "title": "", "text": "You can buy stocks in the IRA, similarly to your regular investment account. Generally, when you open an account with a retail provider like TDAmeritrade, all the options available for you on that account are allowable. Keep in mind that you cannot just deposit money to IRA. There's a limit on how much you can deposit a year ($5500 as of 2015, $6500 for those 50 or older), and there's also a limit on top of that - the amount you deposit into an IRA cannot be more than your total earned income (i.e. income from work). In addition, there are limits on how much of your contribution you can deduct (depending on your income and whether you/your spouse have an employer-sponsored retirement plan)."}
{"_id": "151045", "title": "", "text": "The numbers aside (I'd not assume 12%/yr) there is no limit to the balance. There are 401(k) accounts that have great matching and profit sharing deposits putting the per year limit closer to $45k, combine that with company stock in, say, Apple which has risen 60 fold this past decade, and balances in the tens of millions are possible."}
{"_id": "151051", "title": "", "text": "Yes and no. This really should be taught at junior school level in a capitalist country but that is a different argument. A company is influenced by its shareholders but not in the way you are hoping. This is the only area where a Company must behave democratically with one share one vote. If you own one share in a company (specifically a voting share), then you are entitled to attend an AGM where you will have a vote on issues presented by the board. You might have an opportunity to make a statement or ask a question at the AGM, but I wouldn't rely on it. You will not be able to influence the companies behavior beyond that unless you control enough shares to influence the board. Notice I said 'control' not 'own'. If you get other shareholders to agree to vote with you, then you effectively control their shares. Shareholders are there to get a return on their investment, so you must convince them that they will get a better return by agreeing with you then by following the board (that they put there!). Convince them that (for example) a trespass lawsuit will rob the company of more value then the profit to be made and they might agree to not trespass. Morals, ethics, justice etc., are human attributes and since most shareholders are other corporations not humans, they have no place in your arguments with one exception; Goodwill is a value that appears on a balance sheet and you might be able to use emotional arguments to show that there is a risk of a loss of goodwill from the proposed actions. You can make your argument stronger by generating media pressure on customers and suppliers of the company to make critical public comments."}
{"_id": "151068", "title": "", "text": "**Athenian democracy**  Athenian democracy developed around the fifth century BC in the Greek city-state (known as a polis) of Athens, comprising the city of Athens and the surrounding territory of Attica, and is the first known democracy in the world. Other Greek cities set up democracies, most following the Athenian model, but none are as well documented as Athens'.  It was a system of direct democracy, in which participating citizens voted directly on legislation and executive bills. Participation was not open to all residents: to vote one had to be an adult, male citizen i.e.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^| [^Donate](https://www.reddit.com/r/WikiTextBot/wiki/donate)   ^] ^Downvote ^to ^remove ^| ^v0.28"}
{"_id": "151098", "title": "", "text": "tl;dr: Call them. I'd be very surprised if you have a problem. I used to have have a policy with Geico, and would pay for my car insurance 6 months at a time. About 2 months into my last period, I purchased a house. Unfortunately, Geico didn't offer homeowners insurance in my state, so I ended switching to another company that offered a better auto+home combined policy.  Since I had already paid for 6 months of coverage, I figured I'd just be stuck being double-covered for 4 months. So, I didn't bother doing anything until the end of the 6 months and called them to cancel the auto-renewal thinking what I've already paid was a sunk cost. The asked me why I was canceling and I explained the situation and they backdated the cancellation to when I got my policy with the other company and Geico issued me a refund for the time there was overlap.  Considering that they did that for a leaving customer, I'd expect them to be able to cancel the policy on a new car of a current paying customer with no issues."}
{"_id": "151104", "title": "", "text": "Lipper publishes data on the flow of funds in / out of stock and bond funds: http://www.lipperusfundflows.com Robert Shiller works on stock market confidence indices that are published by Yale: http://som.yale.edu/faculty-research/our-centers-initiatives/international-center-finance/data/stock-market-confidence"}
{"_id": "151121", "title": "", "text": "Bank of America is the worst. Once I had a joint account with another individual that I had funded out of my account to make payroll.   When I found out that he had screwed two other people by stealing the payroll money I decided to disburse it myself and transferred it back to my corporate account on which I was the only signer.  He went back to the bank and effected a withdrawal from my account to the tune of tens of thousands of dollars, put the money in the joint account and removed me as a signer.   The bank wouldn't give me my money back and I never collected from him.  Another time I tried to close my sons' accounts which were in inactive status.  Every day for a week they told me they could not close the account until it was active, but they were working on making it active.  Chase could do this in a minute.  I finally went to a branch and loudly informed the manager that maybe the bank was insolvent and that I should call the FDIC to see why they won't release my money.  He wanted to take me into his office.  I told him loudly, I know all about DDAs, Savings and CDs, I have run deposit operations for a major bank and wrote software to process them.  Just put a hold on the account, write me two cashiers check and offset them with a suspense voucher.  You do know how to write a suspense voucher don't you? It's just a general ledger entry to a suspense account.  Well he was so embarassed he would do anything to get me out of the branch and gave me the cashier's checks.  Fuck B of A."}
{"_id": "151132", "title": "", "text": "\"First, keep in mind that there are generally 2 ways to buy a corporation's shares: You can buy a share directly from the corporation. This does not happen often; it usually happens at the Initial Public Offering [the first time the company becomes \"\"public\"\" where anyone with access to the stock exchange can become a part-owner], plus maybe a few more times during the corporations existence. In this case, the corporation is offering new ownership in exchange for a price set the corporation (or a broker hired by the corporation).  The price used for a public offering is the highest amount that the company believes it can get - this is a very complicated field, and involves many different methods of evaluating what the company should be worth. If the company sets the price too low, then they have missed out on possible value which would be earned by the previous, private shareholders (they would have gotten the same share % of a corporation which would now have more cash to spend, because of increased money paid by new shareholders). If the company sets the price too high, then the share subscription might only be partially filled, so there might not be enough cash to do what the company wanted. You can buy a share from another shareholder. This is more common - when you see the company's share price on the stock exchange, it is this type of transaction - buying out other current shareholders. The price here is simply set based on what current owners are willing to sell at. The \"\"Bid Price\"\" listed by an exchange is the current highest bid that a purchaser is offering for a single share. The \"\"Ask Price\"\" is the current lowest offer that a seller is offering to sell a single share they currently own. When the bid price = the ask price, a share transaction happens, and the most recent stock price changes.\""}
{"_id": "151136", "title": "", "text": "\"saying that someone is \"\"the CEO of their product\"\" (and the variants: for sales: \"\"the CEO of their territory\"\", for any one else: \"\"the CEO of their valuestream\"\") is idiotic and wrong.  It's a simple-minded nonsense perpetuated by unimaginative line managers.  It's downright insulting when directed at individual contributors.\""}
{"_id": "151138", "title": "", "text": "The Fed has lost its grip on reality and is just freewheeling with no link to the real economy . . .just printing money and building up and cooking books just makes the banks look good . .for a bit . .but then reality  starts to come back as real people start to ask real questions  Where did all those trillions of dollars go?"}
{"_id": "151145", "title": "", "text": "You can't do what you would like to do, unless your business has another, unrelated investor or is willing to invest an equal amount of funds + .01 into a corporation which will employ you.  You will then need to set up a self-directed IRA. Additionally, you will need a trustee to account for all the disbursements from your IRA."}
{"_id": "151149", "title": "", "text": "The specifications of Art parquet Surface Laminate Flooring SIZE: 805*401*12 CLASS: AC2-AC4   BASEBOARD: BROWN/GREEN HDF CERTIFICATE: ISO9001, ISO14001, CE, SGS Surface treatment: Shaped U: High-gloss, mirror, scraping, wood                                    General News: High-gloss                                    Waterproof (EVA padding silence) Advantages: 1. higher quality laminate flooring reaching European standards making samples,                         2.  free of charge for your color                         3. new product of innovation"}
{"_id": "151150", "title": "", "text": "I believe that the same message could be sent without shutting the company and putting thousands of people on unemployment and hurting shareholders. Dissolving the company would only hurt everyone except the people responsible who almost certainly have golden parachutes in their employment contracts.  How about penalizing them by assessing an extra cyber-breach tax on their revenues? Or seizing stock options and assets of the top level execs and only releasing portions after X many months without a security breach? Or use the fines to fund an initiative that companies need to be bonded against data loss with the rates set by security experts doing audits on the companies?  There are plenty of ways to improve the situation without putting them out of business. At the very worst, the company should be put up for sale to be taken over by a holding company that can manage the process of bolstering their security instead of just liquidating assets which would only hurt the innocent bystanders in the incident."}
{"_id": "151153", "title": "", "text": "I believe @Dilip addressed your question alread, I am going to focus on your second question: What are the criteria one should use for estimating the worth of the   situation? The criteria are:  I hope this helps."}
{"_id": "151185", "title": "", "text": "http://www.mint.com attaches to all your accounts and lists all your transactions.  I love it."}
{"_id": "151198", "title": "", "text": "No one has said this specifically yet, but you're more likely to avoid the kinds of problems that concern you by choosing makes and models of vehicle that are known to be reliable.  Honda is well-known for the reliability of their cars, so definitely consider them. @MrChrister mentioned Consumer Reports--they are an excellent resource for buying new and/or used cars. @Natashska made a great point about dealers vs. private sellers.  To that point I'll add the following:"}
{"_id": "151203", "title": "", "text": "A derivative in finance is simply any asset whose value is based on the value of another asset or based on the value of a group of assets. A derivative contract is a type of contract (usually a 'standardized contract') with specific payout instruction based on the price changes of a different asset. The basic idea is that it becomes easier to make a claim to an asset or property (and profit from this claim), without needing to physically transfer it (or even the title to said asset), and use much less capital to do so (reduce risk). They become problematic when multiple people may have claims to the real asset, or when the value of the derivatives changes very quickly or are hard to calculate. There are also liquidity problems the further you get from the real asset. This is not a problem for all kinds of derivatives contracts. And you must recognize that derivatives are used colloquially in a way that has nothing to do with reality to cause fear in people/investors that are not financially savvy. Many derivatives also have dubious or no economic purposes such that regulators don't allow them to be traded since they can't see how it is different from gambling. This is seen in financial markets that are less liberalized or cultures with puritanical backgrounds. Typically the trick is to convince regulators that the derivative or financial product helps with reducing risk and hedging and it will get approved. I've mentioned some terminology, but this depends specifically on what kind of derivatives contract you become interested in. Swaps, Credit Default Swaps, Futures, Options, Options on Futures, Leveraged Exchange Traded Funds, Inverse Leveraged Exchange Traded Funds, warrants, and more all have their own terminology. How to trade them in a simulation? It all depends on which financial product you really become interested in."}
{"_id": "151221", "title": "", "text": "www.earnings.com is helpful thinkorswim's thinkDesktop platform has a lot of earnings information tied with flags on their charts they are free."}
{"_id": "151238", "title": "", "text": "\"As others have commented, this is almost certainly a Ponzi scheme. What will happen is that they will report to you that you are earning fantastic returns.  This will encourage you to pour more money into the scheme in the belief that you are making huge profits. The problems will start to occur when you ask for your money.  You won't receive any money and by the time you realise you have been scammed, the site operators will have vanish with all of the \"\"suckers\"\" money.\""}
{"_id": "151261", "title": "", "text": "31 USC \u00a7 714 - AUDIT OF FINANCIAL INSTITUTIONS EXAMINATION COUNCIL, FEDERAL RESERVE BOARD, FEDERAL RESERVE BANKS, FEDERAL DEPOSIT INSURANCE CORPORATION, AND OFFICE OF COMPTROLLER OF THE CURRENCY ... snip   **Audits of the Board and Federal reserve banks may not include**  (1) transactions for or with a foreign central bank, government of a foreign country, or nonprivate international financing organization;  (2) deliberations, decisions, or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits, and open market operations;  (3) transactions made under the direction of the Federal Open Market Committee; or   (4) a part of a discussion or communication among or between members of the Board and officers and employees of the Federal Reserve System related to clauses (1)\u2013(3) of this subsection.   (c) (1) Except as provided in this subsection, an officer or employee of the Government Accountability Office may not disclose information identifying an open bank, an open bank holding company, or a customer of an open or closed bank or bank holding company. The Comptroller General may disclose information related to the affairs of a closed bank or closed bank holding company identifying a customer of the closed bank or closed bank holding company only if the Comptroller General believes the customer had a controlling influence in the management of the closed bank or closed bank holding company or was related to or affiliated with a person or group having a controlling influence.   (2) An officer or employee of the Office may discuss a customer, bank, or bank holding company with an official of an agency and may report an apparent criminal violation to an appropriate law enforcement authority of the United States Government or a State.   (3) Except as provided under paragraph (4), an officer or employee of the Government Accountability Office may not disclose to any person outside the Government Accountability Office information obtained in audits or examinations conducted under subsection (e) and maintained as confidential by the Board or the Federal reserve banks.   (4) This subsection shall not\u2014 (A) authorize an officer or employee of an agency to withhold information from any committee or subcommittee of jurisdiction of Congress, or any member of such committee or subcommittee; or (B) limit any disclosure by the Government Accountability Office to any committee or subcommittee of jurisdiction of Congress, or any member of such committee or subcommittee. ... http://www.law.cornell.edu/uscode/text/31/714   The people here who are under an illusion the federal reserve has any sort of beneficial attributes are deluded, where in reality it is banking on your countries increasing debt and impoverishing you and the nation your fathers conquered with a veil of legitimacy and a tattoo of tyranny since it's inception."}
{"_id": "151263", "title": "", "text": "\"Agreed. The idea that one goes into \"\"retirement\"\", or is expected to, at a certain age, is a little confusing to me.  Since when did it become not-the-norm to work until you had enough money saved up, and then stop working. While I take full advantage of retirement tax vehicles, the idea of a dedicated retirement fund, retirement benefits, pension payouts, etc... is a relic of the 1960s.\""}
{"_id": "151286", "title": "", "text": "You take it to a bank or Foregn Exchange agent and exchange it for your rupees (I assume this is your national currency). They will exchange it at the current exchange rate and some may charge you fee for doing it."}
{"_id": "151288", "title": "", "text": "\"I agree. This article doesn't even consider the fact that we may be adding different types of jobs, and ones in different industries than those that were lost during the recession.   Instead, it seems to assume that all jobs are uniform and that when the economy adds jobs after a recession that they are replacing the old jobs that we lost. That is simply not so. Nothing is that simple.  There aren't just \"\"jobs\"\" and \"\"CEO jobs.\"\" The economy is more complex than that.  We lost a lot of high-paying jobs in the recession that just won't ever come back--especially jobs at financial institutions that were dependent on mortgage backed securities, a part of that industry that has since shrunk permanently. Losing those jobs were necessary and good for the economy. The fact that the jobs we are adding now happen to be at a lower wage are basically happenstance as I see it.  I'm just happy that we're adding jobs. The inequality thing will always be an issue and I hope it gets better, but this article is pretty elementary when it comes to economic truth.\""}
{"_id": "151298", "title": "", "text": "\"I like stuff like this for perspective but I found the article lacking in mechanics as to how to unlearn, how to apply it, etc. I may have missed it though. This reminds me of my CEO challenging everyone at every level to \"\"innovate\"\". Need more of the \"\"how\"\" behind these kinds of objectives. It's great to shed preconceptions, think outside the box, etc but that's been managerial buzz speak for years, and yet we still find ourselves within the box. Focusing on how to get out of it seems like a worthy cause.\""}
{"_id": "151300", "title": "", "text": "The title question suggests an answer - Balance.  There are countless stories of misers who saved their money but led miserable lives.  Keep in mind, you are looking at debt while still earning an income lower than you'll see after you get your PHD. Don't add more debt while working towards the PHD, but don't think that this is the time to aggressively pay it off, either.  I'd look at it this way - when you get a full time job, money itself will be cheaper, it will cost you fewer hours to earn the same number of Euros. When I was in college, the US minimum wage was just over $3/hr, but I had an engineering degree and back then, a starting salary of over $20/hr. While still in school, my time was precious, and the $10,000 I borrowed (for spending money) was 3300 hours that I didn't need to work, but it was paid back with just 500 work-hours.  Your question also goes to the future, a home purchase. There are 2 approaches. First pay off the student loan, then save for the down payment. For many anti-debt people, this is ideal. But, if your goal is to be in the house sooner, save now for the down payment and only pay the minimum on the loan. Once you are in the house, you can decide to pay the student loan faster, but 1.5%? I'd just pay the mortgage faster.  I don't know the cost of housing where you will choose to live, but in general, I'd suggest finding the house that you can afford on a 15 year mortgage, but take out a 30. This will give you flexibility in your budget. Life happens, and it's tough to plan for every possible outcome. I'd prefer to have room in the budget for the first years in the house, and for potential marriage and the kids that may follow. It's far easier to pay extra on loans than to get lower payments when you realize the budget is too tight.  Happy to update/edit to address any comments you may have."}
{"_id": "151305", "title": "", "text": "I believe that capital gains do affect AGI, but if she sells $40k of stock, then the AGI doesn't go up by $40k, it only goes up by the gains (gross proceeds of the sale minus cost basis). So if she paid $30k for that stock, then the AGI goes up by $10k not $40k."}
{"_id": "151308", "title": "", "text": "Online advertising with our vikasmarg.com portal will benefit you immensely. Both sellers and buyers can get better business options by posting your advertisements in our site. As our site houses several categories including house clearance services, fashion, entertainment related information such as movie theatres, restaurant finders, pubs and night clubs, outdoor advertising agencies; you will have high chances of doing best deals in the business."}
{"_id": "151311", "title": "", "text": "Part of 'consideration', I imagine, would be the obligation of either party to follow through on an agreement, not only fair market value. Look at the thought experiment from the opposite perspective.  If you did not pay him $150 (maybe just $50 or even $0), would you be breaking a contractual obligation to him?  If he left after 2 hours because he forgot about a family event and did not finish your move, would he be breaking a contractual obligation to you even if you gave him $150? It seems it can be considered a gift (Update: in all cases) There was no agreement of what either party viewed as full consideration in a mutual exchange.   To put it another way: From your examples, there is no evidence that the performance of either party hinged on receiving mutual consideration from the other.  More Updates from comments: Patterns Matter Similarly to how the IRS may determine W2 employee vs independent contractor, patterns do matter.  If your friend has a pattern of helping people move in exchange for tens of thousands of dollars in gifts every year, the IRS would view that in a different light. A waitress/waiter has a pattern of accepting 'gifts' of tips in exchange for good service as a part of their established job duties. If you gifted your friend with $150/week when they watched your kids every Monday-Wednesday, that would be different. You are establishing a pattern, and I would suggest you may be establishing mutual consideration. In that case, consult a professional if you are worried. Amounts Matter This is why the gift tax exemption was created. The IRS does not care about the amounts in question here. It is too much of a burden to track and account for transactions that are this questionable and this small.  You gift your friend with a $20k car? Now you need to pay attention. Consult your CPA. You gift your friend $1k for helping build your new deck? The IRS does not care. Intent Matters Even in the first case, it is not necessarily true that your friend considers $150 to be mutual consideration for his services. Would he open a business where he offers that rate to the general public? I doubt it. He intends to gift you services out of his own free will, not because there will be an equitable exchange of value.  The intent of both parties is to give a gift. There is no evidence that would suggest otherwise to the IRS, it seems, even if they cared in the first place."}
{"_id": "151328", "title": "", "text": "Ethereum is a currency. You cannot invest in a currency. Currency doesn't have intrinsic value. It is only a medium for exchange. If you were stuck on an island and all you had was Ethereum you'd be SOL. Had you spent the Ethereum and bought a boat and took that to the island the boat would be an investment. The boat has value, it can get you off the island - whereas the Ethereum cannot.   Also, Ethereum is trash. BTC4L."}
{"_id": "151338", "title": "", "text": "\"I was simply saying, contrary to your \"\"only a fool\"\" comment, the fact that White Supremacist groups publicly praise Trump makes it pretty easy for the common person who doesn't really follow politics to make the connection. Doesn't take a \"\"fool\"\" at all.  You pretty much also just confirmed what I said by stating there are commonalities between their platforms. So I'm not sure what you're arguing against here.  And if you're trying not to be rude in this thread, you should try harder.\""}
{"_id": "151348", "title": "", "text": "I would rather have a SE turned into a finance career than someone who just went straight into finance. SE tells me that you love science. Most finance people are idiots who is in it solely for the money. Trust me, there is alot of them."}
{"_id": "151375", "title": "", "text": "\"I've recommended this book a few times on this site, and I'm going to do it again. Get a Financial Life: Personal Finance in Your Twenties and Thirties by Beth Kobliner  Most of the personal finance advice books and blogs I have found focus too much on investing, or are more about \"\"lifestyle\"\" than finances, and left me unimpressed.  I like this book because it covers most of the major personal finance topics (budgets, rainy-day fund, insurance, retirement, and non-retirement investment).  I have not found another book that covers the topics as concisely as this one. It is no-nonsense, very light reading.  Even if you are not a book person, you can finish it in a weekend.  It is really geared for the young person starting their career. Not the most current book (pre real-estate boom), but the advice is still sound. Keep in mind that is is starting point, not the ultimate answer to all financial questions.\""}
{"_id": "151384", "title": "", "text": "What standards do you set for performance? My wife has three students with parents in jail, and one that started the year not speaking English. Due to budget cuts, less extreme special Ed. Students are joining regular classrooms. My wife has one student who can't add single digits in 2nd grade due to learning disabilities. Im not saying seniority based is right, because god knows there are bad apples everywhere, but you start to skirt teaching to the test. Again (NCLB)."}
{"_id": "151391", "title": "", "text": "Your assets are marked to market. If you buy at X, and the market is bidding at 99.9% * X then you've already lost 0.1%. This is a market value oriented way of looking at costs. You could always value your assets with mark to model, and maybe you do, but no one else will.  Just because you think the stock is worth 2*X doesn't mean the rest of the world agrees, evidenced by the bid.  You surely won't get any margin loans based upon mark to model.  Your bankers won't be convinced of the valuation of your assets based upon mark to model. By strictly a market value oriented way of valuing assets, there is a bid/ask cost. more clarification Relative to littleadv, this is actually a good exposition between the differences between cash and accrual accounting. littleadv is focusing completely on the cash cost of the asset at the time of transaction and saying that there is no bid/ask cost.  Through the lens of cash accounting, that is 100% correct. However, if one uses accrual accounting marking assets to market (as we all do with marketable assets like stocks, bonds, options, etc), there may be a bid/ask cost.  At the time of transaction, the bids used to trade (one's own) are exhausted.  According to exchange rules that are now practically uniform: the highest bid is given priority, and if two bids are bidding the exact same highest price then the oldest bid is given priority; therefore the oldest highest bid has been exhausted and removed at trade. At the time of transaction, the value of the asset cannot be one's own bid but the highest oldest bid leftover.  If that highest oldest bid is lower than the price paid (even with liquid stocks this is usually the case) then one has accrued a bid/ask cost."}
{"_id": "151394", "title": "", "text": "Based on your question, I am going to assume your criterion are: Based on these, I believe you'd be interested in a different savings account, a CD, or money market account. Savings account can get you up to 1.3% and money market accounts can get up to 1.5%.  CDs can get you a little more, but they're a little trickier. For example, a 5 year CD could get up to 2%. However, now you're money is locked away for the next few years, so this is not a good option if this money is your emergency fund or you want to use it soon. Also, if interest rates increase then your money market and savings accounts' interest rates will increase but your CD's interest rate misses out. Conversely, if interest rates drop, you're still locked into a higher rate."}
{"_id": "151412", "title": "", "text": "I think there are two options: You invest for very close friends, who trust you completely. In this case, I don't see why you need legal formalities. Just take their money, invest, and return the profits (or losses) to them. They'll know that you invest it as well as you can (rather than spend it on your dream vacation), simply because they trust you. And in case they never get to see most of their money back - they'll know that you've tried your best, and won't be upset with you. You invest for people who trust you, but not 100%. In this case, don't take their money. If you lose (and in Forex, you most likely will) then you'll lose not only money, but also your friends. Even if the legal documents would prove that you were honset, and that they knew what they're getting into, they'll still be mad at you."}
{"_id": "151413", "title": "", "text": "\"Good. It's created a redneck capitalist conundrum. They either realize that they pay shit wages and need to up their hourly to attract \"\"lazy millennial 'Muricans,\"\" or they realize that all of those hardworking immigrants are the only ones they can exploit for profitable operations.   But, I don't expect it to necessarily make sense to them. I've heard many \"\"dey took errrr jerbs!\"\" and NAFTA/TPP/trade in general is Satan from more than a few mouth breathers that I've watched shuffle into a Walmart looking for dirt cheap products. They didn't get it then as Walmart carpet bombed their towns/states/country of decent paying jobs in manufacturing and mom and pop retail; why would now be different?\""}
{"_id": "151423", "title": "", "text": "I think part of the confusion is due to the age of the term and how money has changed over time relative to being backed by precious metals vs using central banks etc. Historically: Because historically the coin itself was precious metal, if a change occurred between the 'face value' of the coin and value of the precious metal itself, the holder of the coin was less affected since they have the precious metal already in hand. They could always trade it based on the metal value instead of the face value. OTOH if you buy a note worth an the current price of ounce of gold, and the price of gold goes up, and then the holder wants to redeem the note, they end up with less than an ounce of gold. In the more modern age  The main concern is the cost to borrow funds to put money into circulation, or the gain when it goes out of circulation.  The big difference between the two is that bills tend stay in circulation until they wear out, have to be bought back and replaced.  Coins on the other hand last longer, but have a tendency to drop out of circulation due to collectors (especially with 'collectible series' coins that the mint seems to love to issue lately).  This means that bills issued tend to stay in circulation, while only a percentage of coins stays in circulation.  So the net effect on the money supply is different for the two, and since modern 'seigniorage' is all about the cost to put money in circulation, it is different in the case of coins where some percentage will not remain circulating."}
{"_id": "151435", "title": "", "text": "\"A credit Union makes loans exactly the same ways a bank does. A portion of the money deposited in  checking, savings, money market, Certificate of Deposit, or IRA is then used to make loans for cars, boats, school, mortgages, 2nd mortgages, lines of credit... The government dictates the percentage of each type of deposit that must be held in reserve for non-loan transactions. The Credit Union members are the share holders of the \"\"company\"\". There are no investors in the \"\"company\"\" because the goal is not to make money. In general the entire package is better because there is no pressure to increase profits.  Fees are generally lower because they are there to discourage bad behavior, not as a way to make a profit off of the bad behavior.  Dividends/interest are treated the same way as bank interest. The IRS forms are the same, and it is reported the same way. Some of bizarre rules they have to follow: maximum number of transactions between accounts, membership rules, are there because banks want to make it harder to be a member of a credit union.\""}
{"_id": "151437", "title": "", "text": "To complement farnsy's answer, I want to warn people against market prediction scams. If they give uniformly distributed buy/sell predictions to 256 people, one of them will get eight correct predictions in a row. They are trading a few cents of Amazon server time for 3% of your capital."}
{"_id": "151442", "title": "", "text": "Not sure why people are suggesting CFP or CFA to someone who hasn't graduated with a BS yet.   With that said, CFA had a claritas (fundamentals course) with like 20-20 page chapters going over basic finance and investment info. Pretty sure you can still get those pdfs for free. Investopedia is also great for general concepts for banking and investments.   CFA is very expensive and I wouldn't touch it until you've taken general business classes and really built up your foundation."}
{"_id": "151452", "title": "", "text": "&gt;observe their contractual obligations.    If not having to pay you is part of the deal, then it's not a good deal. Clearly companies have no reason to not just keep that money, and they keep it every chance they get. Why wouldn't they?"}
{"_id": "151464", "title": "", "text": "The real problem is that there are a dozen neighborhood bars within walking distance of me that follow a similar format, at a similar price, but have decent food. BWW is in a crowded niche and offering a substandard and generic product compared to the local options."}
{"_id": "151465", "title": "", "text": "Close your card, now. Let your credit card provider / bank know about the situation. Never, ever ever, give out your password. Not to a friend, not to your bank and not even to your cat."}
{"_id": "151475", "title": "", "text": "Only in terms of inflation Because of inflation, \u20ac300 would be worth less in December 2011 than it was in January 2010.  Thus, it's to your benefit to pay in monthly installments rather than up-front. Now to calculate the difference in monthly payments of 300 euro using the above webpage what should I do? You'd need to calculate 23 different values: But this is a pointless exercise, since you'd have signed a 24 month lease at a fixed price.  Hence, my original comment."}
{"_id": "151482", "title": "", "text": "the total principal is also dropping - you mean you're paying it down, right? All else the same, if you found a house whose payments are less than rent, and planned to stay long term, buying can make sense. But let's not forget the other costs and risks. How badly do you want to be a homeowner? Adding image from another post here:  This shows that housing prices have fallen below the long term trend line and equilibrium level."}
{"_id": "151504", "title": "", "text": "Money's got me damn stressed, it's hard not be salty at timec, I'm sorry.   When I was young, I loved the sweetness of candies and pastries. Now my favorite foos are all things like pretzels, tortilla chips. Feels like a loss of innocence /meta"}
{"_id": "151506", "title": "", "text": "Remember that if you make charges as the starting of your billing cycle, then you are receiving a free ~60-day loan. For those that are able to receive high interest rates on their, this means a greater opportunity to earn on their money. For example: Your billing statement ends on Jan 5th. On Jan 6th, you max out your credit card. Your billing statement ends on Feb 5th. Depending on your credit card, your grace period can be anywhere from 20 to 30 days. If your bill is due Mar 7th, you just gave yourself a free 60 day loan. If you have multiple credit cards with different due dates and long grace periods, you can rotate which cards you max out to optimize the money you keep in savings."}
{"_id": "151514", "title": "", "text": "You can't cash the check silly.  How can you go off on a rant when you can't even tell the difference between a real check and a promotional tool.  If you don't want to call in an get info throw it away....simple.  This thread made me laugh.  Thanks for that.  Good day."}
{"_id": "151524", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.mercatus.org/publications/declining-male-labor-force-participation-jobs) reduced by 85%. (I'm a bot) ***** &gt; In particular, some are concerned about the increase in the number of prime-age men who are neither working nor looking for work-men who are out of the labor force, or inactive.  &gt; While many observers assume that increasing inactivity rates reflect more men &amp;quot;Dropping out&amp;quot; of the labor force out of frustration with the job market, relatively few prime-age inactive men fit the picture.  &gt; Few inactive men say they want a job in a typical week, and most of the increase in inactivity has involved men who do not want a job.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73qnp0/whats_behind_declining_male_labor_force/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220414 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **men**^#1 **job**^#2 **inactive**^#3 **inactivity**^#4 **percent**^#5\""}
{"_id": "151541", "title": "", "text": "I guess you could figure it out based on your total income, and the total number of hours it takes to generate that income if you want to do it simply. Count you job, side work, soda can deposits, and saving earned directly by effort (coupons and deal shopping) But the real answer to the question is understanding Opportunity Cost and what you could be doing instead.  The problem with opportunity cost is the value system that judges the worth of the other opportunities is a deeply intrinsic factor that cannot be judged by anybody else."}
{"_id": "151544", "title": "", "text": "\"One problem with this plan is that the individual must have earned income to contribute to a Roth IRA. If you have an infant, unless she is the new Gerber baby or something like that, there is probably no legitimate way for her to earn income. If you own a business and have kids who are older, you can employ them to do work for you, but they must really do work and earn around the market rate for that work. Otherwise, it is unlikely that they will be able to earn enough to fund an IRA until they are teenagers. When they are old enough to work, you can \"\"match\"\" their earnings by contributing the same amount to a Roth IRA on their behalf, but this will not give you the amount of contributions and growth time that you were counting on.\""}
{"_id": "151546", "title": "", "text": "It's a covered call.  When I want to create a covered call position, I don't need to wait before the stock transaction settles. I enter it as one trade, and they settle at different times."}
{"_id": "151550", "title": "", "text": "I think it is time that the US stop doing Israels bidding, because the Israeli's now want more land to occupy. It is ridiculous that US forces are working side by side with ISIS and supporting them with money and material.  What is a more important question is if the US is working with the ISIS, then who is attacking Europe and US?"}
{"_id": "151554", "title": "", "text": "Given your needs, GNUcash will do swimmingly. I've used it for the past 3 years and while it's a gradual learning process, it's been able to resolve most stuff I've thrown at it. Schedule bills and deposits in the calendar view so I can keep an eye on cash flow.  GNUcash has scheduled payments and receipts and reconcilation, should you need them. I prefer to keep enough float to cover monthly expenses in accounts rather than monitor potential shortfalls.   Track all my stock and mutual fund investments across numerous accounts. It pulls stock, mutual and bond quotes from lots of places, domestic and foreign. It can also pull transaction data from your brokers, if they support that.  I manually enter all my transactions so I can keep control of them. I just reconcile what I entered into Quicken based on the statements sent to me. I do not use Quicken's bill pay There's a reconciliation mode, but I don't use it personally. The purpose of reconcilation is less about catching bank errors and more about agreeing on the truth so that you don't incur bank fees. When I was doing this by hand I found I had a terrible data entry error rate, but on the other hand, the bayesian importer likes to mark gasoline purchases from the local grocery store as groceries rather than gas. I categorize all my expenditures for help come tax time. GNUcash has accounts, and you can mark expense accounts as tax related. It also generates certain tax forms for you if you need that. Not sure what all you're categorizing that's helpful at tax time though. I use numerous reports including. Net Worth tracking, Cash not is retirement funds and total retirement savings. Tons of reports, and the newest version supports SQL backends if you prefer that vs their reports."}
{"_id": "151555", "title": "", "text": "\"Care to elaborate? It is my understanding that any asset can be rehypothecated at least in theory. By saying these car loans \"\"aren't\"\" rehypo'd, do you mean this is not the practice, or that there is a law/regulation prohibiting it?\""}
{"_id": "151562", "title": "", "text": "I dont think you understand teh main problem with HFT, they locate the machines next to the exchanges, and make money based on the latency between exchanges. This is not something anyone but them can do. And it is basically cheating the market.  You ever see the scam.. it was in mash, where [Frank Burns](http://www.funtrivia.com/en/subtopics/M*A*S*H----Out-of-Sight-Out-of-Mind-181978.html) got the radio signals early for the games, and would place bets on the games already knowing the outcome for when they were broadcast on official armed forces radio. That is what HFC is. They get the score of the game before you do, and then bet on the game.  and yes they place a lot of orders and cancel them, that isnt to slow other traders but to force more latency on the system, so they can know the scores even earlier."}
{"_id": "151587", "title": "", "text": "This is dependent on the broker according to The Options Industry Council.  Your broker will specify what they would do upon expiry (or hours before last trade) if you did not indicate your preference. Most likely they will conduct a probabilistic simulation to see whether exercising the contracts may result in margin deficit even after selling the delivered shares under extreme circumstances. In most cases, brokers tend to liquidate the option for you (sell to close) before expiry.  I've seen people complain about certain brokers forcing liquidation at terrible bid-ask spreads even though the options are still days to expiry. It is better for you to close the position on your own beforehand. The best brokers would allow margin deficit and let you deposit the required amount of money afterward.  Please consult your broker's materials. If you can't find them, use live chat or email tickets."}
{"_id": "151592", "title": "", "text": "I'm not really sure yet. I know I'm beginning my upper level finance courses (Corp. Finance &amp; Investments this Autumn) so I am going to try and see what I like. Investments have always attracted me but I have to experience it before I can say what I would like. I'm really open to anything.  I know excel quite well (thought of getting Microsoft certified to put on resume) and stats have always been fun for me. I took 2 intro to accounting courses but have forgotten most of the material. Is there any part of accounting you recommend is valuable (auditing, financial acct, reporting &amp; financial statements, etc.; maybe any course suggestions bc I know Ohio State Uni has multiple courses on different acct topics)?"}
{"_id": "151610", "title": "", "text": "Online auction is creating a great opportunity for sellers and buyers to benefit. Sellers have the opportunity to market their products and meet potential customers from any part of the world. There are different websites that offer these services of online auctions. Nowadays most people prefer online auctions as they can easily get high-quality goods at affordable prices. In this article, we will discuss top 10 most reputable online auction websites."}
{"_id": "151620", "title": "", "text": "Ultimately, she sold the rights to her images.   Highly competitive businesses can't explain ad campaigns with stock-photo sellers because it's risking a breach of privacy on the companies media assets and upcoming campaigns.  Yes she may feel bad about it, even express her feeling sensationally, but ultimately she sold the rights and it could be worse. She could be on the front of a sex product package or something more direct and less suggestive in nature.   This would of course be different if she was using a variation on a Creative Commons licence where the company had to ask permission to use it and explain what the user was for."}
{"_id": "151639", "title": "", "text": "\"AIUI this is not terribly abnormal. There are authorisations (sometimes reffered to as \"\"pending charges\"\" or \"\"holds\"\") and actual charges. An authorisation reserves money but doesn't actually take it. Normally what happens when you pay by card is that the merchant gets an authorisation immediately. Then some time later the authorisation is converted into an actual charge when the merchant takes the money. Sometimes merchants are slow in taking the actual charge, either deliberately (some merchants won't charge your card until they actually supply the goods to reduce the chance of having to process a refund) or because of administrative snarlups somewhere. When this happens the authorisation can time out before the actual charge is taken. So you get the pattern you see, first the authorisation appears then it times out and dissapears and finally the actual charge shows up.\""}
{"_id": "151645", "title": "", "text": "A basement unit would typically rent for less than similar space on a higher floor.  Taxwise, you should be claiming the income, and expenses via schedule E, as if it were legal. Keep in mind, Al Capone was convicted on tax evasion  not his other illegal activities. As long as you treat it as a legitimate business, a rental unit, you will be good with the IRS. The local building department will fine you if they find out."}
{"_id": "151678", "title": "", "text": "The segment only briefly talked about the economic aspect of this.   I feel a lot of this has to do with the fact that tech companies are IP heavy as supposed to capital heavy. This makes them more flexible to enter new markets. It is somewhat unthinkable for a non-tech company to go into a market in a different vertical (e.g. Amazon going into movie making).   Also I much rather the government tackle cable/utilities monopoly first, as that market is already anti-consumer even on price. Tech is still pro-consumer on price, just anti-consumer on choice."}
{"_id": "151699", "title": "", "text": "Assuming US/IRS: If you filed on time and paid what you believed was the correct amount, they might be kind and let it go. But don't assume they will. If you can't file on time, you are supposed to file estimated taxes before the deadline, and to make that payment large enough to cover what you are likely to owe them. If there is excess, you get it back when you file the actual forms. If there is a shortfall, you may be charged fees, essentially interest on the money you still owe them calculated from the submission due date. If you fail to file anything before the due date, then the fees/interest surcharge is calculated on the entire amount still due; effectively the same as if you had filled an estimated return erroneously claiming you owed nothing. Note that since the penalty scales with the amount still due, large errors do cost you more than small ones. And before anyone asks: no, the IRS doesn't pay interest if you submit the forms early and they owe you money. I've sometimes wondered whether they're missing a bet there, and if it would be worth rewarding people to file earlier in order to spread out the work a bit better, but until someone sells them on that idea..."}
{"_id": "151723", "title": "", "text": "First, If you buy $10K of a penny stock and try to sell it that afternoon, you probably won't get your money back. The bid/ask spread may cost you dearly.  On the shady side, if you are able to afford to trade enough shares to attract attention, the interest of those who believe the volume is an indication of some real event happening, you may pump it high enough to make some nice money, selling into the ensuing rise. This is a classic pump and dump (which often but not always, includes posts on message boards) and it is illegal. The same way this volume attracts traders, it can also attract the attention of the SEC.  This should be read as a narrative, not as advice. If anything, it's advice on what not to do."}
{"_id": "151741", "title": "", "text": "\"Paying the mortgage down is no different than investing in a long term taxable fixed instrument. In this economy, 4.7% isn't bad, but longer term, the stock market should return higher.  When you have the kid(s), is your wife planing to work? If not, I'd first suggest going pre-tax on the IRAs, and when she's not working, convert to Roth. I'd advise against starting the 529 accounts until your child(ren) is actually born.  As far as managed funds are concerned, I hear \"\"expenses.\"\" Why not learn about lower cost funds, index mutual funds or ETFs? I'd not do too much different aside from this, until the kids are born.\""}
{"_id": "151742", "title": "", "text": "FRED isn't recording people, it's recording households.  A household can hold any number of people.  When your person moves from a rental back in to their family's house, the number of separate households goes down to 9; and home ownership shoots up to 55.5% according to FRED."}
{"_id": "151746", "title": "", "text": "If you do the financing, get a large down payment and make a short loan.  Do not expose yourself to risk with a 30 year note, and get some major money up front so the buyer has some skin in the game and will continue to make payments."}
{"_id": "151758", "title": "", "text": "\"PayPal offers a service called \"\"PayPal Business Payments\"\". Instead of charging a percentage, they charge a flat fee. For US-to-US payments, the fee is fifty cents per transaction. For Canada-to-Canada payments, the fee is five dollars per transaction. You need to use a third-party invoicing service and choose the \"\"PayPal Business Payments\"\" option. FreshBooks or Zoho Invoice might work.\""}
{"_id": "151763", "title": "", "text": "Let's take your argument to its logical conclusion. Let's say there is a company that uses infrastructure of UK, Germany, France, US, Japan, Italy and Spain (because it's a global multinational). Corporate taxes in these countries are 19%, 29.65%, 33% (for large companies), 35%, 32.1%, 27.9% and 25%. Now according to your logic, each of these countries should tax the company's profits. Such a company in your world would pay more in taxes than it makes in profits (tax rate &gt; 100%)."}
{"_id": "151774", "title": "", "text": "Here's another way to think about.  Let's assume it is 2011 and we have a married couple who are 25 and make a combined salary of $50,000/yr net.  A suitable first house in their area is $300,000, six times their annual net salary.  Assuming they could scrimp so that 1/2 of take-home went toward saving for their home, they could save enough to buy the house using cash in 12 years, at the age of 37.  Onerous, but they could do it. But now let's allow salaries to increase by 3% a year and homes at 10%/yr, as in your question, and let's run things out for 20 years. Now a 25 year old couple at the same sort of jobs would be making $87,675/yr.  But the houses in that town would be worth not $300k but $1,834,772.  Instead of six times their salary, a house is now nearly 21 times their salary.  This means that if they saved 1/2 of take-home to save up for a house, they could afford to buy the house using cash when they were 67 years old. It gets worse quickly.  If you run it out for just ten more years, to 30 years, a couple would be able to buy the house -- at $4.8 million or 40x a year's salary -- in cash when they were 105 years old.  (Let's hope they ate brown rice). Mortgages can't save them, since even if they could put down ten years' worth of savings on the 2041 house (that'd be 14% down), they'd still carry a $4.1 million mortgage with a $118k annual net salary."}
{"_id": "151790", "title": "", "text": "\"&gt; People generally do not like labor, especially if it is something they do not find fulfilling.   I agree... sort of. Of course people don't enjoy doing work they find unpleasant, but I think the idea that people do not like working as a rule is not as obvious as it seems. After all, that's more of a guess as it has never been tested in any meaningful way; humans throughout history have, for the most part, worked.   While I have an easy time agreeing that it's preferable for people to work on things they find fulfilling (or at least not unpleasant) than to work on things they hate, I'm not sold on the concept that people would actually prefer not working at all to working. I think productivity and purpose are critical components to the human experience, and work plays a big role in them - in other words, the idea of not working wouldn't necessarily match the reality of not working if we ever had a chance to properly explore it. On a side note, I think this is something absolutely worth experimenting with - you could run some decent experiments for less than $50m, which is really a small amount to explore such a universally relevant topic.   &gt; Wage (chattel) slavery has never, nor will it ever be a positive attribute to any society.   This strikes me as a loaded statement - and, on the surface at least, not one I agree with. Please help me understand your thinking here.   How exactly do you define wage slavery?   If you define it as \"\"working in order to survive,\"\" would you consider maintaining a small working farm in order to feed your family, as was done by many throughout history, to be a form of wage slavery? How about hunting and gathering - not paid labor, clearly, but nonetheless difficult work that was done only because it was necessary for the worker to survive?   Is working for wages, which you can then exchange to buy food and such, different in kind from working to produce or capture food? Is working to afford enough food and shelter to survive different from working to afford more luxurious food or shelter?   I'm not being argumentative - I'm just trying to understand the implications of that statement. :)   As far as a reduction in hours worked, that isn't necessarily  disastrous. It may be, but it can also be mitigated - for instance, if fewer hours worked yield the same or higher income. This isn't as radical as it sounds; it could, for example, be viewed as value-based pricing of results as opposed to input.   That said, in practice I think significant job loss due to technology *would* be handled poorly and thus very messy (at least at first).   However, I don't think that the shift in job markets will be as sudden or severe as many claim it will be - I think that's a bit of sensationalist fear-mongering based more on predictions than evidence.\""}
{"_id": "151798", "title": "", "text": "\"I am talking about what \"\"ought to be\"\" in a legal sense here. Target is in the position with better information. When talking about negligence, it goes hand-in-hand. It's not just about whether you knew or not, but whether you ought to have known.\""}
{"_id": "151802", "title": "", "text": "Do you simply get call options you can sell on an options exchange? No, you don't get call options that you can sell on an options exchange. Rather, you get rights that you can (generally) sell on the stock exchange. The right issue is in essence a call option \u2013 in that it behaves like one, but it is not considered a standardized option contract. is there a special exchange where such rights issues are traded? No. It will normally be done on the stock exchange."}
{"_id": "151803", "title": "", "text": "\"What's the value of the scholarship, and is it administered by itself or by the university?  If by itself, the financial return discussed above drives.  If by the university, they create the tuition, so it gets more interesting.   If this is something that is administered and backstopped by the university, then keep in mind that while it may be named the \"\"John Doe Memorial Scholarship\"\" with $30000 in it's account under the endowment, the university overall is likely to cut some number of students' tuition in financial aid packages anyway.  Let's say they substitute a generic tuition adjustment in past years with this happens-to-be-named \"\"John Doe Memorial Scholarship\"\" moving forward: the university can do this as long as they are not constrained in pricing power by laws and financial aid customs.  There's the finance answer, and there's the fact that a university can create a \"\"coupon\"\" indefinitely (Similar in concept to the price discrimination where Proctor and Gamble can launch a new flavor of Tide at a high price to maintain the market position, and flood marketing channels with coupons) Also the university might find it to be an inexpensive benefit to the faculty to create a ceremony around a valued, deceased professor; collecting funds from other professors or staff to partially pay for it at finance price or even a slight loss.\""}
{"_id": "151810", "title": "", "text": "\"It's not quite as bad as the comments indicate. Form 1040ES has been available since January (and IME has been similarly for all past years). It mostly uses the prior year (currently 2016) as the basis, but it does have the updated (2017) figures for items that are automatically adjusted for inflation: bracket points (and thus filing threshhold), standard deductions, Social Security cap, and maybe another one or two I missed.  The forms making up the actual return cannot be prepared very far in advance because, as commented, Congress frequently makes changes to tax law well after the year begins, and in some cases right up to Dec. 31. The IRS must start preparing forms and pubs -- and equally important, setting the specifications for software providers like Intuit (TurboTax) and H&RBlock -- several months ahead in order to not seriously delay filing season, and with it refunds, which nearly everyone in the country considers (at least publicly) to be worse than World War Three and the destruction of the Earth by rogue asteroids. I have 1040 series from the last 4 years still on my computer, and the download dates mostly range from late September to mid January. Although one outlier shows the range of possibility: 2013 form 1040 and Schedule A were tweaked in April 2014 because Congress passed a law allowing charitable contributions for Typhoon Haiyan to be deducted in the prior year. Substantive, but relatively minor, changes happen every year, including many that keep recurring like the special (pre-AGI) teacher supplies deduction (\"\"will they or won't they?\"\"), section 179 expensing (changes slightly almost every year), and formerly the IRA-direct-to-charity option (finally made permanent last year).  As commented, the current Congress and President were elected on a platform with tax reform as an important element, and they are talking even more intensely than before about doing it, although whether they will actually do anything this year is still uncertain. However, if major reform is done it will almost certainly apply to future years only, and likely only start after a lag of some months to a year. They know it causes chaos for businesses and households alike to upend without advance warning the assumptions built in to current budgets and plans -- and IME as a political matter something that is enacted now and effective fairly soon but not now is just as good (but I think that part is offtopic).\""}
{"_id": "151811", "title": "", "text": "I followed Economics by Michael Parkin for my college level course. It does not involve very complicated mathematics (beyond simple arithmetic and interpreting plots/charts). I found it very enjoyable.  Stocks, bonds, and other money market instruments are not covered under this subject usually. They are covered under finance. I normally recommend Hull to people but because you are not interested in mathematics I would recommend Stuart R Veale."}
{"_id": "151817", "title": "", "text": "\"Technically, this doesn't seem like a scam, but I don't think the system is beneficial.  They use a lot of half-truths to convince you that their product is right for you. Some of the arguments presented and my thoughts. Don't buy term and invest the rest because you can't predict how much you'll earn from the \"\"rest\"\"   Also Don't invest in a 401k because you can't predict how much you'll earn They are correct that you won't know exactly how much you'll have due to stock market, but that doesn't mean the stock market is a bad place to put your money.  Investing in a 401k is risky because of the harsh 401k withdrawal rules  Yes, 401ks have withdrawal rules (can't typically start before 59.5, must start by 70.5) but those rules don't hamper my investing style in any way.    Most Term Life Insurance policies don't pay out  They are correct again, but their conclusions are wrong. Yes, most people don't die while you have a term insurance policy which is why Term life insurance is relatively cheap.   But they aren't arguing you don't need insurance, just that you need their insurance which is \"\"better\"\" You need the Guaranteed growth they offer  The chart used to illustrate their guaranteed growth includes non-guaranteed dividends.   They invest $10,000 per year for 36 years and end up with $1,000,000.   That's a 5% return!  I use 10% for my estimate of stock market performance, but let's say it's only 8%.   The same $10,000 per year results in over $2 Million dollars.  Using 10.5% (average return of the S&P 500 over it's lifetime) the result is a staggering $3.7 MILLION.   So if I'm looking at $3.7M vs. $1M, It costs me $2.7 Million dollars to give me the same coverage as my term life policy. That's one expensive Term Life Insurance policy. My personal favorite: Blindly following the advice of Wall Street and financial \u201cgurus\u201d such as Dave Ramsey and Suze Orman got you where you are. Are you happy with the state of your finances? Do you still believe their fairytale, \u201cBuy Term (insurance) and Invest the Difference\u201d?  Yes, I sure do believe that fairytale and I'm prospering quite well thank you. :) While I don't think this is a scam, it's outrageously expensive and not a good financial choice.\""}
{"_id": "151838", "title": "", "text": "\"It's very hard to measure the worth of an abstract concept like money, particularly over long periods of time. In the modern era we have things like the Consumer Price Index (CPI) in the United States, where the Bureau of Labor Statistics literally sends \"\"shoppers\"\" out to find prices of things and surveys people to find out what they buy. This results in a variety of \"\"indexes\"\" which variously get reported by media outlets as \"\"inflation\"\" (or \"\"deflation\"\" if the change in value goes the other way). There are also other measurements available like the MIT Billion Prices Project which attempt to make their own reading of the \"\"worth\"\" of currencies. Those kinds of things are about the only ways to measure a currency's change in \"\"value to itself\"\" because a currency is basically only worth what one can buy with it. While it isn't \"\"all the world's currencies combined\"\", there is a concept of the International Monetary Fund's \"\"Special Drawing Rights (SDR)\"\", which is a basket of five currencies used by world central banks to help \"\"back\"\" each other's currencies, and is (very) occasionally used as a unit of currency for international contracts. One might be able to compare the price of one currency to that of the SDR, or even to any other weighted average of world currencies that one wanted, but I don't think it's done nearly as often as comparing currencies to the basket of goods one can buy to find \"\"inflation\"\". Even though one might think what would be important to measure would be overall Money Supply Inflation, much more often people care more about measuring Price Inflation. (Occasionally people worry about Wage Inflation, but generally that's considered a result of high Price Inflation.) In order to try to keep this on topic as a \"\"personal finance\"\" thing rather than an \"\"economics\"\" thing, I guess the question is: Why do you want to know? If you have some assets in a particular currency, you probably care most about what you'll be able to buy with them in the future when you want or need to spend them. In that sense, it's inflation that you're likely caring about the most. If you're trying to figure out which currency to keep your assets in, it largely depends on what currency your future expenses are likely to be in, though I can imagine that one might want to move out of a particular currency if there's a lot of political instability that you're expecting to lead to high inflation in a currency for a time.\""}
{"_id": "151849", "title": "", "text": "This is 100% accurate.  Most mega funds are successful for many reasons including value and growth.  The real reason that fund in particular crushes it has a lot to do with it's DRIP and the fact that the fund has a large influence on the market itself."}
{"_id": "151851", "title": "", "text": "There are a few things that this question prompts -"}
{"_id": "151853", "title": "", "text": "\"In no particular order:  - Plumbers are not the kind of trade where advertising to end-customers is very effective. People don't generally write down phone numbers and keep track of them on the basis that \"\"I'll probably need a plumber some day, and I might never have any way to way to learn their phone number unless I write this down right now.\"\"  - References through other tradesmen are worth 10x as much as references through end-customers. Get a network of electricians and carpenters and HVAC guys referring to you, and vice-versa.   - Especially in the early stages, do whatever it takes to make it right with every customer. A lot of tradesmen offer sloppy low-ball estimates to get the business, and then get stuck explaining why the bill is 3x higher. Nobody is ever going to give you a positive review or referral in that situation.   - Forget about your hourly rate and focus on building the business, even if it means losing money on some jobs. Employees get paid by the hour, owners get paid based on satisfied customers. You will make some mistakes in the beginning. Plan to eat them. Eventually, you will make less mistakes, and will learn to price variability into the job.   - Don't work with impossible customers, but do whatever it takes to keep lucrative customers happy. A lot of tradesmen get this completely wrong. 20% of your customers will produce 80% of your profits, usually. Do whatever it takes to keep them happy, and avoid the customers who want 80% of your business but who produce 0% profit.   - Don't be a dick. Give good customers clear and fair estimates, and tell them where and how you are charging a markup. Don't pick a fight if the guy up the road is charging less, and don't give the customer shit for not knowing how to compare quotes. Show them the meaningful difference in your estimate, explain to them why it's not worth your time to match lowball quotes for junk work, and let them make the decision.   - Do every job right. This is something that pays off in the long-run, exponentially. If you can't do it right, don't take it. Make sure that everyone who has ever done business with you comes out happy and satisfied that you were the best option available.   - Having the lowest price might get you the most business in the first couple of years, but doing the best work will earn you the most profits and will help build a multi-million-dollar business in the decades to come.\""}
{"_id": "151855", "title": "", "text": "Coincidentally, I am a libertarian who believes that basic education and preventative medicine should be the only items that can be provided by the government and should be free for all so you will not hear arguments from me on those two.  All the rest, we can take up on /r/politics   :)"}
{"_id": "151867", "title": "", "text": "He's made a profit on gold the same way you make money on any commodity, because demand (largely as an inflation hedge) has outpaced supply. It has nothing to do with using gold as a currency (which no one is doing.)  I'm not saying gold can't have value as money, but that's not where we're at right now. Dollars are accepted to settle transactions all over the world, and inflation is negligible. A lot of speculators buying gold that sits in vaults is not the same thing as a return to specie based currency."}
{"_id": "151871", "title": "", "text": "\"Their is no arbitrage opportunity with \"\"buying dividends.\"\" You're buying a taxable event. This is a largely misunderstood topic. The stock always drops by the amount if the dividend on the ex date. The stock opens that day trading \"\"ex\"\" (excluding) the dividend. It then pays out later based in the shareholders on record.  There is a lot of talk about price movement and value here. That can happen but it's from trading not from the dividend per se. Yes sometimes you do see a stock pop the day prior to ex date because people are buying the stock for the dividend but the trading aspect of a stock is determined by supply and demand from people trading the stock.  The dividends are paid out from the owners equity section of the balance sheet. This is a return of equity to shareholders. The idea is to give owners of the company some of their investment back (from when they bought the stock) without having the owners sell the shares of the company. After all if it's a good company you want to keep holding it so it will appreciate.  Another similar way to think of it is like a bonds interest payment.  People sometimes forget when trading that these are actual companies meant to be invested in. Your buying an ownership in the company with your cash.  It really makes no difference to buy the dividend or not, all other things constant. Though market activity can add or lose value from trading as normal.\""}
{"_id": "151889", "title": "", "text": "Also look not only into these sand companies, but the railroad companies offering logistics services for them.  In general, the Minnesota/Wisconsin mines have massive traffic and its putting a strain on the distribution, so it creates opportunities for some.  The shipping (often a service provided by these sand companies) can comprise over half the price of the sand."}
{"_id": "151902", "title": "", "text": "\"This is (almost) a question in financial engineering. First I will note that a discussion of \"\"the greeks\"\" is well presented at https://en.wikipedia.org/wiki/Greeks_(finance) These measures are first, second and higher order derivatives (or rate of change comparisons) for information that is generally instantaneous. (Bear with me.) For example the most popular, Delta, compares prices of an option or other derived asset to the underlying asset price. The reason we are able to do all this cool analysis is because the the value of the underlying and derived assets have a direct, instantaneous relationship on each other. Because beta is calculated over a large period of time, and because each time slice covered contributes equally to the aggregate, then the \"\"difference in Beta\"\" would really just be showing two pieces of information: Summarizing those two pieces of information into \"\"delta beta\"\" would not be useful to me. For further discussion, please see http://www.gummy-stuff.org/beta.htm specifically look at the huge difference in calculation of GE's beta using end-of-month returns versus calculation using day-before-end-of-month returns.\""}
{"_id": "151903", "title": "", "text": "\"Even without the $2 fee, I'm jumping ship and switching to Virgin Mobile. Here's my breakdown:  Verizon 400 minutes + 100 texts (IIRC), no data, $45 before fees  Virgin 300 minutes + unlimited 3G data &amp; text: $35 with purchase of $200+ smartphone. (and virgin uses Sprint for 3G)  I'll be informing Verizon that their separate fee hike of $0.15 which, to my knowledge, is still in the works, is what's known legally as a \"\"material averse effect\"\" and allows me to opt out of the contract without paying a cancellation fee.\""}
{"_id": "151907", "title": "", "text": "Previously, AirBnBs counted as hotels, which meant that you had to get a hotel license and other stuff that was too onerous for one guy with an apartment to bother with.  So it's not that they specifically banned AirBnB, it's just that the previous law regulated big hotels and small hotels the same way.  IIRC, AirBnB has run into similar legal issues in the states."}
{"_id": "151920", "title": "", "text": "\"**Liability insurance**  Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the \"\"insured\"\") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy. Originally, individual companies that faced a common peril formed a group and created a self-help fund out of which to pay compensation should any member incur loss (in other words, a mutual insurance arrangement). The modern system relies on dedicated carriers, usually for-profit, to offer protection against specified perils in consideration of a premium.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "151923", "title": "", "text": "FNBC Florida is the largest and most independent website of purchase and transfer of companies in Florida. Do you want to sell your business or buy a business? In FNBC Florida you will find a current list of companies for sale, as well as purchase requisitions for the same. Similarly, if you are looking for sell a business in florida in companies or mergers, you are on the right website. In many cases businesses or companies belonging to individual entrepreneurs end their life when the entrepreneur retires, because there are no heirs or those who exist are not interested in their continuity or cannot, for any reason, take over the same."}
{"_id": "151931", "title": "", "text": "I'm starting to agree with you more, but every instinct in my body is telling me that giving Washington another blank check is a really bad idea. In my minds eye I can see senators lining up with pet pork projects for their home states and it makes me physically sick to my stomach"}
{"_id": "151946", "title": "", "text": "\"Legally speaking, when you convert that bit-coin onto something else, the Israeli Tax Authority will look into the value of that something else, compare it to the original value of the previous something else you used to buy bit-coins (USD, in your example), and charge you capital gain taxes for the difference. According to the Israeli law you're supposed to pay taxes when selling (converting the bit-coin to something else), and since you're not using any formal bank or stock broker which will automatically deduct the taxes, you have to pay the taxes yourself. By not doing so you're committing a tax fraud. The real question you're asking is whether they'll come after you. Well, that depends on the amounts. They might. Pay attention: there's no statute of limitation for tax fraud in Israel. They may come after you in 50 years from now. Another thing to keep in mind: if you used bit-coins to buy something (services or products of any kind), you probably didn't pay the VAT (\u05de\u05e2\"\"\u05de) - which is another case of tax fraud on your behalf. PS: I'm not a lawyer or accountant, so get a professional advice, but I have been dealing with the Tax Authority in Israel, so I've got a pretty good idea of what the rules are.\""}
{"_id": "151956", "title": "", "text": "I understand where you are coming from, but you vote with your dollars. As long as you are willing to fork over for shitty service and shitty products, they will keep lowering the bar and keep treating the employees worse. When people stop buying, they either change their tune or go out of business. The financial reality is if you actually want improved working conditions for their employees, you need to have the fortitude to refuse to subsidise substandard behaviors."}
{"_id": "151971", "title": "", "text": "\"Governments borrowing money doesn't create new money. When banks \"\"borrow\"\" money (i.e. take deposits), it does effectively create money because the depositor expects to be able to get the money back at any time, but the bank assumes that most won't actually do this and lends out most of the money to other people. If everyone did actually ask for their money back at once, the illusion of the extra money created by this process would collapse, and the bank would go bust. In contrast when governments borrow money, the loan isn't repayable on demand, it has a fixed maturity and the money is only repaid at the end of that period (plus interest at defined points during the period). So holders of government debt don't have money they can spend (they can turn it into money they can spend but only by finding someone else to buy it). So government debt doesn't create inflation in itself. If they printed money, then they'd be devaluing the money of everyone who had saved or invested, whereas if they borrow money and use taxes to repay it, the burden falls more evenly across the economy and doesn't disproportionately penalise certain sets of people.\""}
{"_id": "151973", "title": "", "text": "My personal favorites are Options, Futures, and Other Derivatives by John C Hull Thinking Fast and Slow - Daniel Kahneman Expected Returns - Antti Ilmanen [check out the video : How to Think About Expected Returns] It is a 600 page book \u2026 A summary of it: Without a rational expectation of expected returns, investing can lead to severe disappointment and disillusionment.  Making a good model to forecast expected returns is so difficult. Near-term expectation is almost impossible. The key is very very much about focusing on the long-term, and on getting returns that are feasible, not outlandish. There are three pillars that are central: Practically, the work of an investment manager today involves finding many different sources of returns, and diversifying effectively between them, and finally being humble about what returns we can expect today."}
{"_id": "151977", "title": "", "text": "According to TurboTax:  Of course. In fact, the government doesn't want you to amend until   you've already gotten your tax refund. You're free to cash your refund check or spend it once you have it.   You don't need to wait for your amendment to finish processing, which   can take another 3-4 months. If you owe money after amending, you'll just include payment with your   mailed amendment form. And if your amendment results in a second refund, you'll get a check   for the additional amount. So yes, you can cash out this check and then amend your return. If you end up owing money, you'll just pay it when you file your amended returns:"}
{"_id": "151980", "title": "", "text": "If one wants to have a bound on the loss percentages that are acceptable, this is would be a way to enforce that. For example, suppose someone wants to have a 5% stop-loss but doesn't want this to be worse than 10% as if the stock goes down more than 10% then the sell shouldn't happen. Thus, if the stock opened in a gap down 15% one day, this triggers the stop-loss and would exit at too low of a price as the gap was quite high as I wonder how familiar are you with how much a stock's price could change that makes the prices not be as continuous as one would think. At least this would be my thinking on a volatile stock where one may want to try to limit losses if the stock does fall within a specific range."}
{"_id": "151984", "title": "", "text": "\"There was a time when government policy was actually pretty damn smart. There were a range of \"\"automatic stabilizers\"\" that kicked in when there was a recession and they had a fast and large impact.  It wasn't until Reagan that we started to chip away at those as well as go into a perpetual debt stimulus posture. These two actions helped to prime the system for an inevitable \"\"large\"\" shock.  Even now, after one of the longest expansions in history we're STILL running a substantial deficit. And as such the appetite to expand it when the next recession hits will be diminished (as it was during the great recession when we really needed 3 trillion in stimulus spending and got less than 1).\""}
{"_id": "151987", "title": "", "text": "I don't think user4358's explanation is correct.  A trailing LIT Sell Order adjusts downwards, i.e. if you place the order with an Aux price (in TWS it's trigger price) of 105.00 and a trailing amount of 6.00 then, assuming the ask is 100.00, TWS will add the trailing amount to the ask price and if it's less than the trigger price it will adjust. So in my example, if the market (ask) goes straight up to 105.00, nothing will be adjusted, the trigger is touched and the limit order will be placed (see below). If on the the other hand the market goes down to 99.00 then trlng amt + ask is 105.00, if it goes further down to 98.00 then the trigger price will be adjusted to 104.00 (because it's less than the current trigger), and so on. For the LIT part you have either an absolute limit price you can enter, or you have an offset limit which will be subtracted from the trigger price, in which case it is adjusted as well. So back to my example, the trigger is now 104.00 and the limit offset is say 1.00, so my limit order would be placed at 103.00 if the ask ever touches 104.00, and that in turn is only visible if the bid touches 103.00 (because it's limit-if-touched). For a buy just use the same explanation with some swapped roles, the trigger price adjust upwards when the trailing amount plus bid is larger than the current trigger, and the limit offset will be added to the trigger price. Edit Also quite succinct and worth having a look at: http://www.interactivebrokers.com/en/trading/orders/trailingLimitTouched.php Guesswork, highly subjective As for why this might be good, well, you have to believe in momentum strategies, i.e. a market that goes down, will continue to go down, if you believe that and you believe in mean reversion as well, then a trailing limit order can assist you in not buying/selling impulsively, but closer to the mean.  I've never used it that way though. What I have done, even just now to get the explanation right, is to place trailing buy and sell orders simultaneously.  You will find that you can just go in with coarse estimates and because the adjustments will go towards each other, you will end up with a narrowing band of trigger prices (as opposed to trailing stop orders which will give you a widening band of trigger prices).  If you believe in overshooting and equilibria then this can be one easy way to profit from it.  I've just sold EURUSD for 1.26420 and bought it back at 1.26380 with a trailing amount of 5pips and a limit offset of 2pips within the time of writing this."}
{"_id": "151994", "title": "", "text": "Start at Investopedia. Get basic clarification on all financial terms and in some cases in detail. But get a book. One recommendation would be Hull. It is a basic book, but quite informative. Likewise you can get loads of material targeted at programmers. Wilmott's Forum is a fine place to find coders as well as finance guys."}
{"_id": "152003", "title": "", "text": "As you can see at https://www.google.com/finance?q=NASDAQ%3AAAPL the number of apple shares at this very moment is 5.25B, so if you have 1 share you own 1 / 5.25B of the company."}
{"_id": "152014", "title": "", "text": "The shareholders can't all re-invest their dividends -- it's not possible. Paying a dividend doesn't issue any new shares, so unless some of the existing shareholders sell their shares instead of re-investing, there aren't any shares available for the shareholders to re-invest in."}
{"_id": "152018", "title": "", "text": "It isn't Santander that's running XP, exactly, but that particular NCR machine.  Hasn't been upgraded because, presumably, they don't want to pay for the software.  That is, the actual ATM software running on top of Windows + drivers for the hardware.  I don't actually know what a full package costs, but I'm sure it's not cheap.  Modern ATMs--all the ones by major manufacturers, anyway--run some version of Windows.  For large ATMs like you'd see at drive ups in banks, there's a regular desktop-style PC inside.  Smaller ones often run CE on various flavors of all-in-one boards.  Source:  Bank equipment tech who fixes ATMs almost every day"}
{"_id": "152027", "title": "", "text": "It seems that you're complicating things quite a bit.  Why would you not create a business entity, open one or more bank accounts for it, and then have the money wired into those accounts?  If you plan on being a company then set up the appropriate structure for it. In the U.S., you can form an S-corporation or an LLC and choose pass-through taxation so that all you pay is income tax on what you receive from the business as personal income.  The business itself would not have tax liability in such a case. Co-mingling your personal banking with that of your business could create real tax headaches for you if you aren't careful, so it's not worth the trouble or risk."}
{"_id": "152034", "title": "", "text": "\"Here are a few things that you could try. But note that they are all capable of failing. They will just reduce the chance of you personally having a lost decade. First a quibble: John Bogle advocates a total stock market index (something like Vanguard's VTSMX) instead of an S&P fund, as the latter represents \"\"only\"\" 85% or so of the US market's total capitalization. Smaller companies behave slightly differently than members of the S&P, so this might provide a small help. Bogle also advocates holding some bonds in addition to equities. I'll expand on that below. Account for dividends. Just because the value of the index is the same as its value 10 or 20 years ago doesn't necessarily mean that decade was lost. The companies in the S&P are currently paying out an annualized dividend of about 2%. Even if the actual value of the index doesn't change, you're still getting that 2% per year.  Include bonds.  As I mentioned above, Bogle recommends holding some bonds. I have seen two common rules. One is to never have less than 20% of your total holdings in bonds, and never have more than 80% of your total holdings in bonds. The other popular rule is to hold your age in bonds. For example, I'm about 30, so I should keep about 30% of my holdings in bonds. Regardless of the split, rebalance periodically to keep yourself at that split. What effect would holding bonds have on a lost decade? To make the math easy, let's say you split your holdings evenly between an S&P fund and 10 year Treasuries. Coincidentally, 10 year T-notes have the same 2% yield as the S&P dividends. If you're getting that on half your holdings, and nothing on the other half, you're netting 1% per year. Not great, but not totally lost. To illustrate the effect of rebalancing, use my example of a 70/30 stock/bond split. The S&P lost about 50% of its value from its peak to the bottom of the market in early 2008. If you only held stock, you would need the market to increase in value by 100% in order for you to recover that value. If 30% of your holdings are in bonds, and you rebalance at exactly the bottom of the stock market, you only need the stock index to increase in value by about 80% from the bottom in order to make you whole again. I mention those two to emphasize that your investment return is not just a function of the price of a stock index. Dollar cost average. It's rare that you will actually face the situation of putting (say) $100,000 into the market all at once, let it sit for 10-20 years, then take it all out at once. The situation you face is closer to putting about $1000 into the market every month for 100 months. If you do that, then you're getting a different price for each purchase you make. Your actual return will be a weighted average of the return from each of those purchases. But note that this could help or hurt you. Using the chart Victor showed in his answer, if your lost decade is from one peak to the next peak, your average price will be below the price you would have entered and left at. So this helps. But if your lost decade is from trough to trough, then your average price is higher than the start and end price, so this has hurt you. Those are the two extreme cases, and the general case will be somewhere in between. And you can use these regular purchases to help you carry out your regular rebalancing. Foreign equities. Since you mention the S&P500 specifically, I assume that you are in the United States. The US equities is approximately 45% of the world equities market. So even if the S&P500 has a lost decade, it's unlikely that the rest of the world will also have a lost decade at the same time. For comparison, the Tokyo Stock Exchange is the third largest in the world (behind the US's NYSE and NASDAQ); the market cap of the TSE is less than 20% that of the combined market cap of the NYSE and the NASDAQ, which puts it at about 10% of the world's market cap. When the Nikkei had its lost decades, no one else had a lost decade. Note that buying foreign equities is more expensive than buying domestic, and it exposes you to fluctuations in the exchange rate of the currencies. But the benefit of diversification probably outweighs those downsides. And obviously it's easier to diversify away from Japan than it is to diversify away from the United States. But there are people who advocate holding exactly the market weight of every country in the world.\""}
{"_id": "152038", "title": "", "text": "I bring ~500 usually, never walked with less than half, mostly because I realize after losing a couple hundred bucks that Id rather not lose the rest.  It really isnt difficult to get rooms compd, not like Im any kind of high roller."}
{"_id": "152039", "title": "", "text": "Lets say Debit is what you pay and Credit is what somebody else pays for you. A Debit card will charge your bank account directly. A Credit card will charge your bank account some time later. In both cases the shop owner has the money available directly. It's called Credit because somebody believes you will be able to pay your debt on time (or later with an interest). As for purchase and sales. A customer buys = makes a purchase. A shopkeeper sells = makes a sale. Note from a bar: I made an agreement with the bank. They don't sell beer, I don't give Credit."}
{"_id": "152041", "title": "", "text": "Haha, I bet. I think sometimes people in upper echelons of their fields assume they can understand others just as well while forgetting that the whole base layer of fundamentals that took to get there. Definitely a human problem, as we all tend to fall into that trap on occasion.  I'm a CPA so I have no intention doing the CFA, which came with its own set of misery. I just follow finance as a side interest. I definitely fall on the side of conservative when it comes to investing. When I see Tesla, red flags go up. It might pay off later, but it's not for me.    I actually just switched industries myself, went from a  manufacturing environment to a client based one focused on start ups. In another year or so I'll move on to another industry to plug in more gaps in my knowledge base. Depends on where the economy is at that point."}
{"_id": "152044", "title": "", "text": "\"You are looking to be made whole, so the requests need to be reasonable.  You need to be clear that you want: You aren't going to 'punish' the dry cleaner or anything else.  You don't want coupons or free service for future work, you want your pants or cash. If you send a letter, send it certified with a return receipt.  You want to be able to show a judge you made efforts outside of the court that you attempted to reconcile the issue.  Sending it certified is also a good way to indicate to the dry cleaner that you aren't going to just go away.  Be clear, firm and very polite.  You cannot blame or criticize the cleaner, simply state \"\"On YY/YY/YYYY date I didn't get my pants back; I want my pants or I want money by XX/XX/XXXX date.\"\" If you want to picket, contact local law enforcement and find out the rules before picketing.  You can probably picket from a sidewalk, but that doesn't mean the dry cleaner won't approach you and get in your personal space.   If you hand out flyers, stick strictly to provable facts lest you be sued for defamation.  It is smarter to hand out a fact sheet or speak from a rehearsed script so that you don't say something that would be actionable.  Make sure you pick the busiest day of the week for a dry cleaner. (Weekends?) I don't think this is criminal, but you can sue.  Like others said, if you have the cleaning ticket (and the ticket doesn't absolve the dry cleaner of responsibility) you will probably get a judgement.  Be careful what you ask for, make sure you cover all of your costs (the pants, filing fees, time off of work, and collection efforts.)  Itemize all your requested costs and make sure they are reasonable.  You only want to be made whole, and that only means $160 or pants (plus fees) Just because you won in small claims doesn't mean you can collect easily.  Figure in your cost for collecting when you sue.  You might have to hire somebody to collect on your judgement.  If you hire somebody they will want a cut, so you might want to figure that out for your small claims.  I am guessing this is a local business, so it should be pretty easy to collect.  (Unless they go out of business, in which case you will get nothing.)\""}
{"_id": "152045", "title": "", "text": "\"Quicken for Mac will track stocks and mutual funds and allows you to set the \"\"home\"\" currency.\""}
{"_id": "152049", "title": "", "text": "\"I have some money invested on Merrill Edge. 2 days ago I purchased some mutual funds with most of the rest of my money in my account. I logged in today to see how it did, and noticed that there are 3 sections: Priced Investments, Cash &amp; Money Accounts, and Pending Activity. In the Cash &amp; Money section, there shows a negative balance of Cash (let's say -$1,000) and a positive \"\"Money Account Value\"\" (let's say +$1,100).  The \"\"Money Account\"\" appears to be made up of $1 shares of something called \"\"ML Direct Deposit Program\"\". However, even though the mutual fund purchase was made 2 days ago, and the shares of the mutual funds are officially in my account, I'm still showing all of my \"\"Money Account\"\" shares ($1000). The balance sheet effectively makes it look like I somehow needed to have \"\"sold\"\" back my money account shares, converted them to cash, and then bought the funds. I'm hoping that isn't the case, and for some reason, there is a multiday lag between me buying stock and money getting deducted from my \"\"Money Account\"\". Hope that all makes sense.  TLDR: what's the diff between a Cash account and Money Account that's filled with shares of \"\" ML Direct Deposit Program\"\"?  Edit: Today the cash and money account offset by equal values equal to one of my mutual fund purchases.\""}
{"_id": "152054", "title": "", "text": "What these home sellers don't realize is that they don't have to carry the burden of finding a buyer all on their own. They can simply enlist the services of a real estate company, or better yet, a real estate broker with access to the Calgary MLS system."}
{"_id": "152072", "title": "", "text": "Here are the few points: Hope that helps,"}
{"_id": "152096", "title": "", "text": "The simplest answer is that you can convert the IRA to a Roth, and since it was already taxed, pay no tax on conversion.  If, in your hypothetical situation, you happen to have an IRA already in place, you are subject to pro-rata rules on conversions, e.g. your balance is total $40K, $10K 'not deducted', a conversion is 75% taxed, convert $20K and the tax is on $15K of that money. But, there also might be a time when you are able to transfer IRA money into a 401(k), effectively removing the pretax deposits, and leaving just post tax money for a free conversion."}
{"_id": "152097", "title": "", "text": "How can they reduce the number of shares I hold? They may have purchased them.  You don't say what stock it is, so we can only speculate.  Let's say that the stock is called PENNY.  So they may have taken your 1600 PENNY shares and renamed them to 1600 PENNYOLD shares.  Then they created a new $5 PENNY share and gave you .2357 shares of that in exchange for your 1600 PENNYOLD shares.  This suggests that your old shares were worth $1.1785 or less than a tenth of a cent each.   As an example, MYLAN did this in 2015 as part of their tax inversion (moved official headquarters from the US to Europe).  They did not change the number of shares at that time, but MYLAN is not a penny stock.   This is the kind of thing that might happen in a bankruptcy.   A reverse split (where they give you one share in exchange for more than one share) is also possible, although you received an odd amount for a reverse split.  Usually those produce rounder numbers.  A number like .2357 sounds more like a market price, as those can be bizarre."}
{"_id": "152104", "title": "", "text": "Based on what current Model S owners are seeing in terms of battery degradation, the battery should still have 85% of it's original capacity after 300,000 miles. These cars will last a very very long time compared to a conventional automobile."}
{"_id": "152105", "title": "", "text": "Things I do annually:"}
{"_id": "152111", "title": "", "text": "with me and my wife coming from different countries, and us both living in a non-native country, we have very little clue where we will eventually settle down. The answer depends on where you reside currently, tax rules and ability to move funds. As well as where you plan to settle down and the tax rules there. From what I understand, once you eventually retire and take an annuity from your pension you are then taxed on it as income anyway? Yes and No. For example if you move from US to India, stay in India for 7 years. You then move your retirement funds from US to India the entire amount would be taxable in India. but would this 'freedom' would come with significant costs in terms of savings at retirement? The cost would be hard to predict. It depends on the tax treatments in the respective countries on the retirement kitty.  It also depends on whether the country you are staying in will allow complete withdrawal and transfer of retirement funds without penalty."}
{"_id": "152131", "title": "", "text": "&gt;Can't wait to see Toys'R'Us implode.  I don't think that will happen because they've got BabiesRUs.  What they've started doing is closing old ToysRUs locations, and opening new, combined versions of ToysRUs and BabiesRUs.  Moms come in to get clothes and diapers and leave with toys for the other kids."}
{"_id": "152138", "title": "", "text": "Completely agree, my boss is a great guy and I wouldn't have it any other way.  I was going to be skipped for a raise because I was just hired, but he talked them into giving me one because I was under contract for two years."}
{"_id": "152151", "title": "", "text": "A big issue for historical data in banking is that they don't/can't reside within a single system. Archives of typical bank will include dozen(s) of different archives made by different companies on different, incompatible systems. For example, see http://www.motherjones.com/files/images/big-bank-theory-chart-large.jpg as an illustration of bank mergers and acquisitions, and AFAIK that doesn't include many smaller deals. For any given account, it's 10-year history might be on some different system. Often, when integrating such systems, a compromise is made - if bank A acquires bank B that has earlier acquired bank C, then if the acquisition of C was a few years ago, then you can skip integrating the archives of C in your online systems, keep them separate, and use them only when/if needed (and minimize that need by hefty fees).  Since the price list and services are supposed to be equal for everyone, then no matter how your accounts originated, if 10% of archives are an expensive enough problem to integrate, then it makes financial sense to restrict access to 100% of archives older than some arbitrary threshold."}
{"_id": "152169", "title": "", "text": "&gt; There were a lot of companies that cut full time jobs in favor of part time.  1) No, [employers didn't cut back full-time employees although some did cut hours of part-time employees to get them under 30 hours](https://fivethirtyeight.com/features/yes-some-companies-are-cutting-hours-in-response-to-obamacare/).  2) My objection is not about part-time but that the ACA would not somehow make your company drop insurance.  Your company dropped it's plan because it chose to."}
{"_id": "152184", "title": "", "text": "No. It's perhaps a bit obvious, but with the shorter term loan you would be contractually obligated to pay the higher monthly payment. By paying double on the longer loan, you retain the flexibility to pay less. And you would pay less interest if you truly doubled your payment on the longer loan. This is because you'd be paying off more of the principal more quickly. (But you'd also be making a slightly higher payment than on the shorter term loan.) You can play with the amortization calculator at Bankrate to understand this."}
{"_id": "152186", "title": "", "text": "Social Lending may help you qualify for a loan, but doesn't necessarily provide better rates. You have to shop around to get the best rates, this is a market as any other, so don't expect one place to be consistently below the market - either the market will move, or the place will move eventually, everyone wants to earn the most for the buck."}
{"_id": "152200", "title": "", "text": "\"When employers can get everybody and their dog to apply for a given job, you need to have that four-leaf clover (or at least a referral, which, lucky me, I don't in almost all cases).   Or the best skills.  If you aren't at the top of your game, you probably won't get hired when there are 10 other people that are just as good.  You need to think of ways to creatively differentiate yourself from the competition.  \"\"And that terrifies me when I think about it that way.\"\"  unsuccessful people generally think this way.  Everything happens to you rather than you being able to change it yourself.  \"\"Of course, all I can do is keep applying\"\"  All of my best jobs came through my network for friends/acquaintances.  If you aren't getting any interviews, start going  to meetup groups in your industry and make friends.   This is another problem: people don't want to leave the comfort of their keyboard.  Sometimes you just need to get out there.\""}
{"_id": "152201", "title": "", "text": "No - we're having fun seeing how long you avoid providing a single example of something you claimed was so universal any single one should suffice. It seems you totally pulled that statement out of your ass and now are so stubborn that admitting it must impact your psyche in some amazing way. So stubborn that you both don't address your claim, admit it is wrong, and yet you call us names for asking you to back up your statement. This is fun.   You still have not listed an empire that did not purchase it's own debt. Your entire argument fails."}
{"_id": "152210", "title": "", "text": "\"A $1 note and four quarters are both real money, but how (and when) they become real money is different. The important thing is that the Fed's stockpile of cash that it gets from the Bureau of Engraving and Printing isn't \"\"real money\"\" (i.e. M0) yet. That cash is only used for fulfilling withdrawals from reserve accounts. You can't use it to buy a car, or a house, or to pay Janet Yellen's salary...no one, not even Janet, can use even a single dollar to buy a Diet Coke. In other words, it's not really an asset. Or a liability. Or anything but a stack of paper in the Fed's vaults that looks astonishingly like money, but isn't. The upside to this is that when the BEP makes a delivery of fresh bills to the Fed, or when the Fed destroys old, ratty bills that aren't usable anymore, the Fed's balance sheet doesn't change. That's good! Those are practical considerations, not financial ones. The downside is that there's nothing on the asset side of the sheet to explain how the Fed's liability to a bank is reduced when the bank makes a cash withdrawal from its reserve account. So the Fed balances it's balance sheet by recording an increase in a different liability: the cash in circulation. Kinda like transferring the balance on a credit card: you're paying down one liability by increasing another one. It looks a bit silly, but less silly than recording the destruction of old bills as an \"\"expense\"\" of the face value of the bills. Coins, on the other hand, become money as soon as the Treasury gets them from the Mint. If they wanted to, they could pay their employees' salaries by ordering coins from the Mint for cheap, giving them to their employees at face value, and reaping fat profits as a result. In fact, that's pretty much exactly what they do: when someone wants quarters, the Treasury mints them at less than face value and then sells them at face value. In practice the Fed does all of this buying and then distributes the coins according to demand. The important thing is that this bunch of coins is not like the Fed's stockpile of bills. It's already real money, and therefore shows up as an asset. Not much. If the Fed bought coins at the cheaper price from the Mint instead, stockpiled them like they stockpile bills, then distributed them as usual, the extra profit just goes to the Treasury anyway, like all the Fed's profit does. However, as things are, the Fed's purchases of coins are recorded on the Fed's balance sheet at face value, which is kinda silly.\""}
{"_id": "152216", "title": "", "text": "With rates expected to increase later this month, why is there a decreasing trend in mortgage interest rates?  I am thinking lenders might be lowering prices to grab more share in the run up, but don't have much data to back that up."}
{"_id": "152218", "title": "", "text": "Many people have asked how to setup a business email address and if it's acceptable to use a third party email system like Aol or Gmail. Aol's mail system has always been less than efficient because of the massive amount of filtering they've had to implement in order to try and circumvent spam. Gmail is a great email system but corresponding via Gmail for business matters will probably appear unprofessional to some if not most. The most professional looking email address is usually the one that has a suffix which matches your domain name."}
{"_id": "152250", "title": "", "text": "\"If you are opposed to getting \"\"something for nothing\"\" because it created a subculture where there is no desire to earn a living simply because they have it pretty good without.  How do you feel about increasing the Estate Tax in the USA.  Many \"\"conservatives\"\" want to eliminate it.    As to community service for welfare, I assume your position is the wider the safety net, the more people will take unfair advantage of that and not work.  How do you explain the many nations that have wider safety nets than the USA and yet they have lower unemployment?   I agree with you on cuts in our military spending, simplifying the tax code, and banning the corporate involvement in campaign funding.\""}
{"_id": "152265", "title": "", "text": "\"Like all financial investments, the value of a bond is the present value of expected future cash flows.  The Yield to Maturity is the annualized return you get on your initial investment, which is equivalent to the discount rate you'd use to discount future cash flows. So if you discount all future cashflows at 6% annually*, you can calculate the price of the bond: So the price of a $1,000 bond (which is how bond prices are typically quoted) would be $1,097.12. The current yield is just the current coupon payment divided by the current price, which is 70/1,097.12 or 6.38% Question 3 makes no sense, since the yield to maturity would be the same if you bought the bond at market price Question 4 talks about a \"\"sale\"\" date which makes me think that it assumes you sold the bond on the coupon date, but you'd have to know the sale price to calculate the rate of return.\""}
{"_id": "152272", "title": "", "text": "One of the main purposes of government is to take on risk the private sector can't shoulder (e.g. A bridge, not necessarily a money maker), and sponsor innovation. Regulation of things like fuel standards force industry to invest and adapt - this keeps the economy vibrant, stops complicity in business and promotes growth.   People view regulation as an all or nothing thing stifling innovation - not the case. Many regs are good. Look at clean water standards or even the Department of Labor Fiduciary Rule. POTUS numb nut over here just neutered the DOL fiduciary rule which would force investment advisor (brokers) to put a clients needs above their own, when investing in retirement accounts. GREAT for the average citizen- but coopted by the trumpers as government over regulating the economy. Sick.    Good example of supporting innovation  here. http://www.sciencemag.org/news/2013/01/japans-stimulus-propels-science-spending-new-heights  Info on fiduciary rule here (first bullet point).   http://www.dolfiduciaryrule.com/"}
{"_id": "152278", "title": "", "text": "It would be unfair to link Marissa's performance to her gender. It's just coincidental that she's both a woman AND a CEO of a major corporation.   Same goes for Carly and Meg. Don't link their gender with their performance. Men have failed equally (or more)"}
{"_id": "152279", "title": "", "text": "Always pay on time, and stop listening to whoever is telling you not to -- they are clueless. Credit cards are revolving accounts with a grace period. The balance owed is due on the statement date, and you have a grace period of 20-40 days to pay.  Paying bills on time is the single most important thing that you can do to have a good credit score. Always pay on time."}
{"_id": "152286", "title": "", "text": "I don't want to get involved in trading chasing immediate profit  That is the best part. There is an answer in the other question, where a guy only invested in small amounts and had a big sum by the time he retired. There is good logic in the answer. If you put in lump sum in a single stroke you will get at a single price. But if you distribute it over a time, you will get opportunities to buy at favorable prices, because that is an inherent behavior of stocks. They inherently go up and down, don't remain stable. Stock markets are for everybody rich or poor as long as you have money, doesn't matter in millions or hundreds, to invest and you select stocks with proper research and with a long term view. Investment should always start in small amounts before you graduate to investing in bigger amounts. Gives you ample time to learn. Where do I go to do this ?  To a bank ? To the company, most probably a brokerage firm. Any place to your liking. Check how much they charge for brokerage, annual charges and what all services they provide. Compare them online on what services you require, not what they provide ? Ask friends and colleagues and get their opinions. It is better to get firsthand knowledge about the products. Can the company I'm investing to be abroad? At the moment stay away from it, unless you are sure about it because you are starting. Can try buying ADRs, like in US. This is an option in UK. But they come with inherent risk. How much do you know about the country where the company does its business ? Will I be subject to some fees I must care about after I buy a stock? Yes, capital gains tax will be levied and stamp duties and all."}
{"_id": "152298", "title": "", "text": "As a CPA I can say, without a doubt, you do not owe any federal income tax. However, assuming all of you income was from your business and therefore subject to self-employment tax and you had no healthcare coverage, you would owe: $2,523 in Self-Employment Tax    645 in Healthcare Penalty $3,168 Total Amount You Should Owe. Assuming you have given us the right numbers, $3,300 sounds too high."}
{"_id": "152307", "title": "", "text": "Maybe if fuckers like him could manage their house then government wouldn't have to bail them out and there wouldn't be a need for as much regulation. But no, he's going to keep gambling and expect tax payers to cover his losses, and then has the audacity to bitch about it. Fuck him."}
{"_id": "152316", "title": "", "text": "GBP has already lost part of his value just because of the fear of Brexit. An actual Brexit may not change GBP as much as expected, but a no-Brexit could rise GBP really a lot."}
{"_id": "152354", "title": "", "text": "Answering for just the US part, yes, you should be able to do this and it's a good strategy. The only additional gotcha I can think of is that if you've made after-tax contributions to your traditional IRA, you need to prorate the conversion, you can't just convert all the pre-tax or all the after-tax. I'm not familiar with Oregon personal income tax so there may be additional gotchas there."}
{"_id": "152382", "title": "", "text": "The thing is that it's not just about not giving them money - it needs to be a full boycott. That means no torrenting, no streaming.   If everyone stops buying, but are still torrenting and talking about the latest episodes online and posting blogs and fanfiction and filling message boards and subreddits, it just makes their point for them. It would have to be a true boycott."}
{"_id": "152383", "title": "", "text": "How is this stealing? Target offered a promotion and customers used the promotion.   If Target staff let people purchase items that weren't supposed to be included as part of the promotion, isn't it Target's fault for not properly training their staff?"}
{"_id": "152400", "title": "", "text": "\"&gt;but these people truly think it is a choice  Too bad. We need to stop allowing people's feelings to have the same weight as facts and science. That's also how we're still have a \"\"vaccines cause autism/vaccines are bad!!\"\" situation.  &gt; It is the same case on opposite sides of the coin and should be treated the same  It's not, and the fact that I explained protected classes and you're doubling down indicates to me that you actually didn't want a discussion about this and had already made a decision that it's the same thing.  &gt; You cannot have it both ways, either you can choose whom you do business with, or you can't.  You can't choose to discriminate against protected classes based on their membership in that class. This isn't hard to follow.\""}
{"_id": "152404", "title": "", "text": "Welcome to Havana, one of the world\u2019s leading online books the Tour Package service for the holiday the Accommodations in Cuba. We believe passionately in the power of travel and strive each day to make quality travel experiences more accessible to Holiday rentals everyone. With over 350,000 properties in more than 150 countries, The company provides the best offers Holiday rentals in vinales and Affordable Accommodations in Cuba, from city apartments in Bratislava to chic studios in Slovakia, spacious lofts in Slovakia and beach houses on the exotic island. We operate our business under the idea that it is the small, local discoveries that make the holiday rentals something special. Our company is the ideal starting points for experiencing the many different types of the services."}
{"_id": "152407", "title": "", "text": "Federal income taxes are indeed expenses, they're just not DEDUCTIBLE expenses on your 1120. Federal Income Tax Expense is usually a subcategory under Taxes. This is one of the items that will be a book-to-tax difference on Schedule M-1. I am presuming you are talking about a C corporation, as an S corporation is not likely to be paying federal taxes itself, but would pass the liability through to the members. If you're paying your personal 1040 taxes out of an S-corporation bank account, that's an owner's draw just like paying any of your personal non-business expenses. I would encourage you to get a tax professional to prepare your corporate tax returns. It's not quite as simple as TurboTax Business makes it out to be. ;) Mariette IRS Circular 230 Notice: Please note that any tax advice contained in this communication is not intended to be used, and cannot be used, by anyone to avoid penalties that may be imposed under federal tax law."}
{"_id": "152442", "title": "", "text": "\"Lots of webcomic sites now have \"\"tip jar\"\" links, or let supporters send money via services like Patrion. I presume other kinds of sites have developed similar solutions. I'd suggest you go out, wander the web a bit looking for such, then contact the sites' owners to ask how it's been working for them\""}
{"_id": "152446", "title": "", "text": "\"If the default happens through mass monetary inflation rather than openly (\"\"We're not paying interest on our bonds\"\") then make sure you pay off your house.  There may not be a very long window to do so. If the currency becomes worthless, then it depends on what you have of value that would be accepted by the lender as payment.  If you don't have anything, the lender will take it back, as they're probably entitled to on the notes.\""}
{"_id": "152449", "title": "", "text": "\"First IANAL! This is going to depend on the kind of points. If it's an internal point system that the business is doing on their own, then they may very well, give you that many \"\"extra\"\" points. They may really not care. Specially if the cost of the points is low enough. Remember that steak dinner that you paid $60 for only really cost them $2 and that they use $60 worth of points on it.  If the point system is tied to a bank or credit card, then it's far more likely that the \"\"just use them\"\" is not the proper answer. The company doing the reimbursing is giving the location $60 and using your points. The points have a much higher value.  With that said, your responsibility is to notify, and follow their rules. So notify them in writing, and use the rewards card as you normally would. If your being honest, then the worst that happens is that your point balance is a little negative (because you spent 100 points but really only had 98 after adjustment).  Most likely, if your being honest, they will just eat the few points over that you went on accident.  If you get an answer in writing to just keep the points, then I guess you know where your daughter's wedding reception will be. Let's hope it's a classy place. Of course, as a 'good' person (or maybe a 'stupid' person), I should call them, (wait 30 minutes in the queue), and then try to explain the issue to the service desk. I actually did that, and the guy thought I am nuts to even call, and told me to 'just use them they are yours now'. I don't feel like calling again and again until I get someone that believes it, just to return them their points. You will want to do this in writing. Email will work, but you really want a paper trail, either way. I could just toss the card and forget about it. However, I had quite some points on it that really belong to me, so that feels like I pay for their fault. There is no need to do this. It's like a bank error. Talk to them and they will give you an answer. In the mean time, do your best to only use the points you actually have. Use them and play stupid. It's not my duty to check their math, right? Probably nobody will ever care (let's keep religious considerations out here). What would be the consequences if they do realize their error some day in the far future? (I understand this borders on a legal question). Nope, don't do this. If you play dumb and spend 5000 points when you know you only have around 100, best case scenario you end up with -4900 points (effectively canceling the benefit of the card). You may also be banned form the program, the location, the network, etc. Worst case scenario they want the monetary value of the points and sue you for it, and the legal fees. It may even be considered fraud.  TL;DR Use your card, but be honest, and handle the mistake in writing.\""}
{"_id": "152475", "title": "", "text": "&gt; In fact, it had been public knowledge that they were selecting one of our competitors. As it turned out, the reason for their mid-course change was ... Bob.  The competition lost the $4m. Bob didn't like them."}
{"_id": "152478", "title": "", "text": "Then: (do these in whatever order)  35 is not mid-life.  You're on the tail end of the age to get started on retirement planning. Being single, relatively young, and a great income level, you are ideally situated to consider FIRE'ing yourself. (Financial Independent, Retire Early).  The basic idea is to invest a large chunk of your income and establish your comfort level balancing frugality and comfort.  There's a table on one of the FIRE websites that shows a graph between % of income saved and the number of years it takes to save enough to be financially independent.  If you can go over 50% savings, you can get down to about 10 years.  In this case, financially independent is where you can live on a safe percentage of withdrawal from your savings without depleting the savings.  At that point, you no longer need to work for a paycheck.  You would only do so to extend the savings, increase the safe withdraw rate, or because you want to do something that makes you feel productive."}
{"_id": "152502", "title": "", "text": "\"Even under the executive exemption, see Exemption for Executive Employees Under the Fair Labor Standards Act (FLSA) Section 13(a)(1) as defined by Regulations, 29 CFR Part 541, it seems that a minimum compensation is required. To qualify for the executive employee exemption, all of the following tests must be met: The employee must be compensated on a salary basis (as defined in the regulations) at a rate not less than $455 per week... etc. There is one other possibility under FLSA Section 13(a)(1), as a \"\"bona fide exempt executive\"\". Exemption of Business Owners   Under a special rule for business owners, an employee who owns at least a bona fide 20-percent equity   interest in the enterprise in which employed, regardless of the type   of business organization (e.g., corporation, partnership, or other),   and who is actively engaged in its management, is considered a bona   fide exempt executive.\""}
{"_id": "152530", "title": "", "text": "It's an over crowded boat I'm sure. She hasn't had insurance all year either. She switched departments at the end of last year and they said she had to wait for open enrollment to come around again. So it wasn't by choice that she's been uninsured. It really baffles me that her company, a healthcare provider, would let their employees go through this."}
{"_id": "152554", "title": "", "text": "Funerals can be a very difficult time, and if you are looking for a way to show that you care, you may be looking for funeral flowers in Calgary that can meet your needs. At All Flowers and Gifts, we have a full selection of funeral arrangements that you can send to those you care about. #Calgary #Flower #Delivery #Florists #Shops"}
{"_id": "152563", "title": "", "text": "Some examples where an HOA is a positive thing: 1) Amenities: Maybe it is professionally maintained landscaping at the front of the subdivision, or a playground, or community pool. An HOA provides a convenient way to have things like that and share the costs among all the people who benefit. 2) Legal Advocacy: I live in a neighborhood (rural) without an HOA. My neighbor decided to start an auto-repair shop on his property which was CLEARLY a violation of the covenants. There isn't really a Government body you can report them to that will swoop in and make them stop a neighbor from destroying your property values even if they signed an agreement when they bought it to the contrary. You need to hire a lawyer and sue them and that costs money and time. Also, in many cases if you wait too long they can get an exception grandfathered in because no one raised an issue about it. An HOA exists to watch for this kind of thing and nip it in the bud rather than making homeowners have to hassle with the time/expense. 3) Independence: Assuming no HOA, and assuming you are okay with suing your neighbor over violating a covenant. That makes for a very uncomfortable situation between you and that neighbor. Having a neutral 3rd party take action on your behalf anonymously can greatly help that situation. It's not all about making people ditch their basketball goals, or garden gnomes. They also protect you from other obnoxious stuff like junky mobile homes in high-end neighborhoods, the guy who blocks half the street permanently with his RV/Boat parked on the curb, three foot tall grass that is an eyesore and a fire hazard, a taco stand opening in your neighbors garage,  etc."}
{"_id": "152571", "title": "", "text": "\"Have you lived in Northwest Arkansas? The strangest thing is the forced social separation between Walmart employees and vendor employees (ie. the *entire* rest of the neighborhood).  Walmart employees will literally bring their own rolls and hot dogs to a cook-out so there isn't controversy that the regional guy on Ball Park Franks isn't \"\"bribing\"\" Walmart buyers.  I get where it comes from, but it seems like you have to go out of your way on even your day to day living. Weird culture.\""}
{"_id": "152589", "title": "", "text": "\"Taxing the money people earn from others without doing work is no more punishment than taxing people who earn money by working.  It's not a matter of who's wrong, but what's fair and what makes a healthy prosperous economic system.  I don't think this will do that, but crying \"\"what did the rich ever do to deserve taxes\"\" is a ridiculous argument.\""}
{"_id": "152595", "title": "", "text": "\"Well, as you say, the instructions for form W-2 (for your employer to fill out) say You must report all employer contributions (including   an employee's contributions through a cafeteria plan) to   an HSA in box 12 of Form W-2 with code W. Employer   contributions to an HSA that are not excludable from the   income of the employee also must be reported in boxes 1,   3, and 5. However, while it's your employer's job to fill out W-2 correctly, it's only your job to file your taxes correctly. Especially as you say your box 1/3/5 income is correct, this isn't too hard to do. You should file Form 8889 with your return and report the contributions on Line 9 as Employer Contributions. (And as you say, both what the employer contributed outright and what you had deducted from your pay are both Employer Contributions.) Be sure to keep your final pay stub for the year (or other documentation) showing that your employer did contribute that amount, just in case the IRS does end up questioning it for some reason.  If you really want to, you could try calling the IRS and letting them know that you have contributions that weren't reported on your W-2 to see if they want to follow up with your employer about correcting their documentation, if your efforts have been fruitless. There's even a FAQ page on the IRS site about how to contact them when your employer isn't giving you a correct W-2 and how to fill out a Form 4852 instead of using the W-2, which I'd recommend if the amount of income listed was wrong or if there were some other more \"\"major\"\" problem with the form. Most likely, though, since it's not going to affect the amount of tax anybody will pay, it's not going to be at the top of their list. I would worry more filling out the forms you need to fill out correctly rather than worrying about the forms your employer isn't filling out correctly.\""}
{"_id": "152603", "title": "", "text": "Don't forget inflation.   With a Roth 401k (or IRA), you don't pay any taxes on inflationary or real gains.  You pay taxes at the beginning and then no more taxes (unless you invest money after you distributed from it).   With a regular, taxable investment account (not a 401k or IRA), you pay taxes on the initial amount.  And then you pay taxes on the gains, both inflationary and real.  So you effectively pay taxes on the inflated principal twice.  Once at initial earning and once when it shows up as inflationary gains.  I'll give an example later.   With a traditional 401k (or IRA), you pay no taxes on the initial amount.  You pay taxes on the distributed amount.  That includes taxes on gains, but it only taxes them once, not twice.  All the taxes are paid at distribution time.   Here's a semirealistic example.  This is not a real example with real numbers, but the numbers shouldn't be ridiculously off.  They could happen.  I'm going to ignore variation and pretend that all the numbers will be the same each year so as to simplify the math.   So you pay a 25% marginal tax rate and want to invest $12,000 plus any tax savings.   Roth:  $12,000 principal Traditional IRA (Trad):  $16,000 principal with $4000 in tax savings Taxable Investment Account (TIA):  $12,000 principal Let's assume that you make an 8% rate of return and inflation is 3%.  Both numbers are possible, although higher and lower numbers have occurred in the past.  That gives you returns of $960 for the Roth and TIA cases and a return of $1280 for the Trad case.  Pay no annual taxes on the Roth or Trad cases.  Pay 25% marginal tax on the TIA case, that's $240.   Balances after one year:   Roth:  $12,960 Trad:  $17,280 TIA:  $12,720 Inflation decreases the value of the Roth and TIA cases by $360 in the Roth and TIA cases.  And by $480 in the Trad case.   Ten years of inflationary gains (cumulative):   Roth:  $5354 Trad:  $7138 TIA:  $4872 Net buildup (including inflationary gains): Roth:  $25,907 Trad:  $34,543 TIA:  $23,168 Real value (minus inflation to maintain spending power):   Roth:  $20,554 Trad:  $27,405 TIA:  $18,109 Now take out $3000 per year, after taxes.  That's $3000 in the the Roth and TIA cases, as you already paid the taxes.  In the Trad case, that's $4000 because you have to pay 25% tax which will cost $1000.   Do that for five years and the new balances are  Roth:  $9931 Trad:  $13,241 TIA:  $5973 The TIA will run out in the 8th year.  The Roth and Trad will both run out in the 9th year.   So to summarize.  The Traditional IRA initially grows the most.  The TIA grows the least.  The TIA is tax-advantaged over the Traditional IRA at that point, but it still runs out first.  The Roth IRA grows about the same as the Traditional after taxes are included.   Note that I left out the matching contribution from a 401k.  That would help both those options.  I assumed that the marginal tax rate would be 25% on the Traditional IRA distributions.  It might be only 15%, which would increase the advantage of the Traditional IRA.  I assumed that the 15% rate on capital returns would still be true for the entire period.  If that is increased, the TIA option gets a lot worse.   Inflation could be higher or lower.  As stated earlier, the TIA account is hit the worst by inflation."}
{"_id": "152607", "title": "", "text": "Yes you can get them from your broker.  Two main advantages I can see are:"}
{"_id": "152618", "title": "", "text": "How are you even comparing a turkey, that will be eaten, to child abuse?  Its not even the same ballpark, hell, its not even the same sport.  Its not about everything dies.  Its about, they are raised simply to eat.  Who cares if the handlers are mean to them."}
{"_id": "152643", "title": "", "text": "I strongly recommend you to invest in either stocks or bonds. Both markets have very strict regulations, and usually follow international standards of governance. Plus, they are closely supervised by local governments, since they look to serve the interests of capital holders in order to attract foreign investment. Real estate investment is not all risky, but regulations tend to be very localized. There are federal, state/county laws and byelaws, the last usually being the most significant in terms of costs (city taxes) and zoning. So if they ever change, that could ruin your investment. Keeping up with them would be hard work, because of language, legal and distance issues (visiting notary's office to sign papers, for example). Another thing to consider is, specially on rural distant areas, the risk of forgers taking your land. In poorer countries you could also face the problem of land invasion, both urban and rural. Solution for that depends on a harsh (fast) or socially populist (slow) local government. Small businesses are out of question for you, frankly. The list of risks (cash stealing, accounting misleading, etc.) is such that you will lose money. Even if you ran the business in your hometown it would not be easy right?"}
{"_id": "152657", "title": "", "text": "It depends on the asset and the magnitude of the exchange rate change relative to the inflation rate. If it is a production asset, the prices can be expected to change relative to the changes in exchange rate regardless of magnitude, ceteris paribus. If it is a consumption asset, the prices of those assets will change with the net of the exchange rate change and inflation rate, but it can be a slow process since all of the possessions of the country becoming relatively poorer cannot immediately be shipped out and the need to exchange wants for goods will be resisted as long as possible."}
{"_id": "152688", "title": "", "text": "Because it's a declining company and used as an institutional sized pump and dump with a new toxic financing every week. Look up Kalani Investments - they're behind it all."}
{"_id": "152689", "title": "", "text": "This is normal for credit cards.  As long as you make the credit card company's cutoff time, they will make the funds available on your credit card rather than make you wait for them to actually get the funds from your bank. The amount of time this takes actually can vary significantly from bank to bank. You do want to make sure funds are available in your bank account for them to withdraw when they do take them though. If not, the payment would get returned and can set red flags on your credit card account that take a while to drop off."}
{"_id": "152695", "title": "", "text": "Use an exchange traded fund ETF, namely SPDR MSCI Japan EUR Hdg Ucits ETF. It is hedged and can be bought in the UK by this broker State Street Global Advisors on the London Stock Exchange LSE.  Link here. Article on JAPAN ETF hedged in Sterling Pound here."}
{"_id": "152696", "title": "", "text": "\"unless it tastes good. Occasionally, I believe that a very small portion of the population will forgo \"\"real food\"\" for some quick serve food that they happen to like: Chipotle Barbacoa burrito with marinated roast beef, black beans, grated cheese, sour cream, rice with lime and cilantro, and roasted chili corn salsa. And brought you by McDonald's. In the Austin area, they have taken a page from authentic Mexican food and serve Chipotle food from a truck. The irony is delicious.\""}
{"_id": "152706", "title": "", "text": "I don\u2019t know specifics of the situation but one possibility would be that Buffett may have billions in various assets etc companies he owns, stocks bonds, but if he doesn\u2019t sell any of those stocks or cash in any of those bonds, then on paper he didn\u2019t make any money that year because he\u2019s letting the assets appreciate. I would say net income is the amount of income you claimed that year, so if you had sold some stock, the amount of money you sold them for would be your income. As opposed to net worth being \u201cif they wanted to\u201d if Buffett sold all of his stocks and assets, he would be able to get billions for it. So while he technically is worth billions, on his tax returns he doesn\u2019t claim much income."}
{"_id": "152709", "title": "", "text": "\"Members of the Federal Reserve System keep track of what money a bank has (if it's not in the vault), who owns what shares of stock, who owns what bond, etc. The part of the Federal Reserve System that tracks stock ownership is the Depository Trust Company (DTC). They have a group of subsidiaries that settle various types of security transactions. DTC is a member of the U.S. Federal Reserve System, a limited-purpose   trust company under New York State banking law and a registered   clearing agency with the Securities and Exchange Commission. There's lots of information on their website describing this process. DTCC's subsidiary, The Depository Trust Company (DTC), established in   1973, was created to reduce costs and provide clearing and settlement   efficiencies by immobilizing securities and making \"\"book-entry\"\"   changes to ownership of the securities. DTC provides securities   movements for NSCC's net settlements1, and settlement for institutional   trades (which typically involve money and securities transfers between   custodian banks and broker/dealers), as well as money market   instruments. Black pools are trades done where the price is not shared with the market. But the DTC is the one who keeps track of who owns which shares. They have records of all net transactions2. The DTC is the counterparty for transactions. When stock moves from one entity to another the DTC is involved. As the central counterparty for the nation's major exchanges and   markets, DTCC clears and settles virtually all broker-to-broker equity 1. This is the link that shows that settlements are reported on a \"\"net basis\"\". 2. If broker A sells 1000 shares of something to broker B at 8 and then five minutes later broker B sells the 1000 shares back to A, you cannot be sure that that total volume will be recorded. No net trading took place and there would be fees to pay for no reason if they reported both trades. Note: In dark pool trading quite often the two parties don't know each other. For shares (book-keeping records) to be exchanged it has to be done through a Clearing House.\""}
{"_id": "152711", "title": "", "text": "But this isn't cash though, its credit card. They'll just chargeback and we have to now report it to the police for stolen items. But we followed the general procedure, and the thieves had the pin of the CC which is why I'm a bit confused. Now we still have to verify the signature, but if the signature ends up being right should we get the money back? Because at this point the CC holder should be a lot more responsible about the CC and other people shouldn't know their PIN. If anything the signature is understandable cause you can just forge it since its in the back of the card."}
{"_id": "152714", "title": "", "text": "I live 15 minute from the Horseshoe casino opening next month in baltimore and 20 from Maryland Live.  Id still MUCH rather go to the Borgata in AC, just because it is so so so much nicer.  I usually go there a few times a year, ill go to MD Live if my friends want to and Im bored.  AC casino = compd rooms, free drinks and nicer restaurants .  I go for little getaways though, for people who just wanna go play cards for a couple hours it makes sense."}
{"_id": "152716", "title": "", "text": "\"&gt;For a whole lot of reasons that are topics for another discussion, decisions were made that eventually led to the abandonment of the \"\"gold standard\"\" and now the dollar, like most modern currencies, is pure fiat paper: it's only \"\"worth\"\" whatever everyone agrees it is worth, and can only be \"\"redeemed\"\" by trading it to someone else for whatever they will give you for it. **There are long, loud, and ongoing feuds over whether that was a good idea, and I'm not going to get into that here.**  ... well, damn. You sure you don't wanna get into that sort of thing? Now I'm intensely curious.\""}
{"_id": "152719", "title": "", "text": "Buy it at the close. That way you won't lose money (even if marked to market) on the day."}
{"_id": "152747", "title": "", "text": "BATS CHi-X Europe is a market maker. They provide liquidity to the order books of different kinds of equities on certain exchanges. So the London Stock Exchange lists equities and the order books show the orders of different market participants. Most of those market participants are market makers. They allow others to complete a trade of an equity closer to the price that persons wants, in a faster time period and in larger amounts, than if there were no market makers providing liquidity."}
{"_id": "152753", "title": "", "text": "Am I right to worry about both of these? Of course. Who carries $75K in cash for no good reason? Your friend got the cash from somewhere, didn't he? If its legit - there's paper trail to show. Same for your parents. If you/they can show the legit paper trail - there's nothing to worry about, the hassle, at worse, is a couple of letters to the IRS. If the money is not legit (your friend is selling crack to the kids in the hood and your parents robbed a 7/11 to give you the money, for example) - there may be problems."}
{"_id": "152775", "title": "", "text": "While statistics do not necessarily apply to one individual's particular situation, you may want to google MIT's Wayward Sons report. Among many things, they do an analysis of ROI on college education. It is the highest it has been in history."}
{"_id": "152788", "title": "", "text": "Mostly, when an equity's price rises, its statistical and implied volatilities fall and vice versa. The reason why is a mathematical phenomenon mixed with the reality that a unceasingly falling asset price will soon not exist, skewing the results with survivorship bias.   Since volatility is standard deviation of price indexes, a security that changes in price by the same amount every day will have lower volatility, so a rising price will have lower implied volatility because its mostly experiencing positive daily price change while a recently falling price will have higher volatility because factored together with the positive price changes, the negative price changes will widen the standard deviation of the securities price index. Quantitatively, any change, in or out of one's favor, is a risk because change is uncertain, and any uncertainty is a risk. This quantitative interpretation while valid runs almost totally counter to the value opinion, that a lower price relative to value is a lower risk than a higher price relative to value, but both have their place in time. Over long time periods, it's best to use the value interpretation, quantitative for shorter.  Using the opposite has hastily destroyed many a fund manager."}
{"_id": "152794", "title": "", "text": "\"The complaint isn't based on facts. It's based on pure protectionism. Boeing doesn't even build this class of airplane. **The Bombardier C-series would compete with the 717 which Boeing hasn't built in over ten years**.   &gt;*\"\"In the Delta Air Lines deal, the airline began talking with Boeing about used E-190s and used Boeing 717s. Boeing had 19 E-190s to dispose of, having committed to take them in on trade as part of an order with Air Canada for the 737 MAX. Delta purchased the 19 E-190s, but rejected the 717s because none was available during the period it required and there were not enough used 717s in any event. Delta called the 737-7 MAX uneconomical vs CSeries, rooted in 1960s design and an inefficient shrink.\"\"*  &gt;*\"\"Delta testified Boeing never offered any new-build aircraft because Boeing doesn\u2019t have an offering in the 100-125 seat sector and it didn\u2019t have any available delivery positions in the period required.\"\"*   Secondly, Boeing holds the **[#1 spot on the most heavily subsidized companies in the US](https://subsidytracker.goodjobsfirst.org/top-100-parents)**, so even if their allegations were true, for Boeing to suggest that another company benefits from subsidies is a case of a very, very, very large pot calling a teeny-tiny kettle, black.    Lastly, to respond in kind to Boeing and the Trump administration, the Canadian governemt should be cancelling it's $2,800,000,000 Boeing Super Hornet order and exerting pressure on **[Air Canada to dump its $6,500,000,000 order for 61, Boeing 737 Max airplanes?](http://www.cbc.ca/news/business/air-canada-orders-61-boeing-737-max-jets-1.2460560)** You know, because Boeing is heavily subsidized and all...\""}
{"_id": "152807", "title": "", "text": "Capitalism finances an expansive state; see: Military-Industrial Complex, Prisons-for-Profit, etc. Capitalists bribe whatever state exists to profit themselves. If the state is small, they argue that part of it that would benefit them should be expanded. If the state is large, they will simply co-opt what exists, through bribery or plush post-government jobs.  In the unlikely event you were able to keep the state small in the face of billions of dollars of bribery to elected officials and marketing to rubes, the *global* corporations would have it that much easier, wouldn't they?"}
{"_id": "152814", "title": "", "text": "Leaders come together from very different professional and business perspectives, such as functions, product, or lines of business. They often need to vie for resources, influence, and sometimes even their superior\u2019s job. This is all part of the deal--to represent their unique perspectives, to have a say about their beliefs, and ultimately to run the place if they get the nod."}
{"_id": "152818", "title": "", "text": "Yup, they have no moat. Therefore, except for the few die hards who believe in Whole Foods mission (and that's now gone since Amazon now owns them), there's not a compelling proposition to continue shopping there.  In 2015, Costco became the biggest grocer of organic food. I think they continue to hold that top title.   http://www.businessinsider.com/costco-becomes-top-seller-of-organic-food-2015-6"}
{"_id": "152820", "title": "", "text": "That is what most people in Austin were thinking.  There is a Sears here that has been closing for ~2 years now.  The second floor always looks like a construction zone.  They would have been an odd addition to our city as well.  Austin tends to be hip and tech oriented.  Sears is neither of those."}
{"_id": "152823", "title": "", "text": "&gt;  It's got autopilot features, intelligent diagnostic systems, and the current line of Tesla are the safest vehicles on the planet. Not to mention it's extremely reliable.  Actually things like autopilot are optional and very expensive.  Extremely reliable? Might want to look at some reviews. Consumer Reports took back their recommendation after all the issues. There are tons of issues"}
{"_id": "152827", "title": "", "text": "\"Generally when you open a new account, you'd be given a checkbook (usually \"\"starter\"\" checks with no personal information, but some banks will later mail you a proper checkbook with your personal details) and a debit card (again, some banks will give you a \"\"starter\"\" one on the spot with a personalized following up in the mail, others will mail you). With the debit card you can use your bank's ATM to withdraw cash from your account, or use it for purchases (will debit, as the name says, directly from your account). You can also use it in other ATMs, but that will usually be with significant fees ($2-$5 per withdrawal to both the ATM owner and your bank). Checks - you can write a check to someone or use the check to go to the cashier in the bank and withdraw money (although usually they have special withdrawal slips for that in the branches, so you don't really need to waste your own checks). As to how to deposit money in your home country - you'll have to check with the bank you have an account at back at home. Usually, you can \"\"wire\"\" transfer money from your BoA account to the account back home, but that is usually comes at a fee of about $30-$50 per transfer (in the US, additional fees may be charged at the receiving end + currency conversion costs). You can also write yourself a check and deposit that check at the home country bank, but that depends on the specific bank whether it is possible, how much it would cost, and how long it would take for them to credit the money to your account after they take your check - may take weeks with personal checks.\""}
{"_id": "152833", "title": "", "text": "That used to be the case with pursuing a PhD, but now many US institutions prefer you stay with them after the MS and get a PhD through them as well.  If you think of it like a job, during an MS the instituion is basically funding your training, and their hope is that they can benefit from the research you produce as a PhD candidate.  So it is difficult to find funding for a MS alone, but if you apply as a PhD candidate from the beginning they will fund you through the entire process.  There is no contractual obligation, you can leave after you receive the MS regardless."}
{"_id": "152839", "title": "", "text": "The Trinity study looked at 'safe' withdrawal rates from retirement portfolios. They found it was safe to withdraw 4% of a portfolio consisting of stocks and bonds. I cannot immediately find exactly what specific investment allocations they used, but note that they found a portfolio consisting largely of stocks would allow for the withdrawal of 3% - 4% and still keep up with inflation. In this case, if you are able to fund $30,000, the study claims it would be safe to withdraw $900 - $1200 a year (that is, pay out as scholarships) while allowing the scholarship to grow sufficiently to cover inflation, and that this should work in perpetuity. My guess is that they invest such scholarship funds in a fairly aggressive portfolio. Most likely, they choose something along these lines: 70 - 80% stocks and 20 - 30% bonds. This is probably more risky than you'd want to take, but should give higher returns than a more conservative portfolio of perhaps 50 - 60% stocks, 40 - 50% bonds, over the long term. Just a regular, interest-bearing savings account isn't going to be enough. They almost never even keep up with inflation. Yes, if the stock market or the bond market takes a hit, the investment will suffer. But over the long term, it should more than recover the lost capital. Such scholarships care far more about the very long term and can weather a few years of bad returns. This is roughly similar to retirement planning. If you expect to be retired for, say, 10 years, you won't worry too much about pulling out your retirement funds. But it's quite possible to retire early (say, at 40) and plan for an infinite retirement. You just need a lot more money to do so. $3 million, invested appropriately, should allow you to pull out approximately $90,000 a year (adjusted upward for inflation) forever. I leave the specifics of how to come up with $3 million as an exercise for the reader. :) As an aside, there's a Memorial and Traffic Safety Fund which (kindly and gently) solicited a $10,000 donation after my wife was killed in a motor vehicle accident. That would have provided annual donations in her name, in perpetuity. This shows you don't need $30,000 to set up a scholarship or a fund. I chose to go another way, but it was an option I seriously considered. Edit: The Trinity study actually only looked at a 30 year withdrawal period. So long as the investment wasn't exhausted within 30 years, it was considered a success. The Trinity study has also been criticised when it comes to retirement. Nevertheless, there's some withdrawal rate at which point your investment is expected to last forever. It just may be slightly smaller than 3-4% per year."}
{"_id": "152841", "title": "", "text": "The requirement is to report the highest balance on the account, it has nothing to do with your income."}
{"_id": "152845", "title": "", "text": "In Australia anyone thinking about retirement should be concentrating on superannuation. Contribution is compulsory (I think the current minimum contribution rate is 9.5% of salary) and both contributions and investment returns are very tax efficient. The Government site is quite comprehensive - http://www.australia.gov.au/topics/economy-money-and-tax/superannuation - have a read and come back with any specific questions."}
{"_id": "152859", "title": "", "text": "I've looked into the Russia ties stuff enough to say that if you are involved in government projects or IP related work you should steer clear of them.  No there isn't anything concrete but either someone really wants someone like me to think they have interesting and complex ties to the Russian Gov or that they do have interesting and complex ties to the Russian Gov. Either way, fine for home use or Small to Medium business use that doesn't tie around IP, Gov or otherwise projects of 'interest' to external Governments."}
{"_id": "152910", "title": "", "text": "The mechanism of supply and demand is imperfect.  Producers don't know exactly how many purchasers/consumers for a good there are.  Some goods, by their nature, are in short supply, and some are plentiful. The process of price discovery is one where (in a nominally free market) producers and purchasers make offers and counter-offers to assess what the price should be.  As they do this the historical price changes, usually floating around some long-term average.  As it goes up, we experience inflation.  As it goes down, deflation. However, there isn't a fixed supply of producers and purchasers, so as new ones arrive and old ones leave, this too has an impact on supply and prices. Money (either in electronic or physical form) needs to be available to reflect the transactions and underpin the economy. Most central banks (at least in more established economies) aim for inflation of 2-4% by controlling the availability of money and the cost of borrowing new money.  There are numerous ways they can do this (printing, issuing bonds, etc.). The reason one wants some degree of inflation is because employees will never accept a pay cut even when one would significantly improve the overall economy.  Companies often decrease their prices in order to match lower demand, but employees don't usually accept decreased wages for decreased labour demand. A nominal degree of overall money inflation therefore solves this problem.  Employees who get a below-inflation wage increase are actually getting a wage cut. Supply and demand must be matched and some inflation is the inevitable consequence of this."}
{"_id": "152911", "title": "", "text": "I'm not sure if you've seen any of the articles recently on vanilla bean commodity. Huge demand with decreased supply due to a slew of factors. So, currently, vanilla bean is being sold at an astronomical price although I assume the supply is coming. Any idea how to short that?"}
{"_id": "152917", "title": "", "text": "Steel building kits are now being preferred by a lot of industry. The kits make it very easy and convenient for erecting a building in half the time and cost. One of the main reasons for using the steel building is that they provide safety from various elements like no other materials."}
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{"_id": "152939", "title": "", "text": "\"&gt; How unprofessional.  That's Walmart though, right? If they were professional, the hourly employees might be working somewhere else.  ---  My local Walmart is a real circus. I was there last night and the \"\"greeter\"\" allowed a lady to walk in with her Rottweiler. She didn't even have the pretend \"\"service animal\"\" thing on it. Just walked right in.   Not only that, I walked down the aisle a ways and I heard barking - but not a Rottweiler bark, a Dachshund was barking *at* the Rottweiler from a shopping cart. I long for the day people have to carry paperwork to prove their nasty, obese pets are not true service animals.  All the while, for the past 5-6 months (at least) the PA has a buzzing sound in it. It buzzes for ~3 minutes, it's off for 30 seconds (long enough for you to notice it's off) then it starts again. Morning, afternoon, night - it doesn't matter.  I've brought the issue up to different managers on many occasions and they say \"\"Oh, that's just the speaker system.\"\" No, morons. It's not *just* the speaker system. I can't believe the store manages survive any regional manager visit.   I live in a tourist area so when it's not completely overrun with out-of-towners, it shows how ramshackle it is. (Oh, and I've tried to call 1-800-WALMART to report the issues, but it's met with a very Sourthern-accented lady saying in some convoluted way how all customer service agents are busy and I should call back.)\""}
{"_id": "152945", "title": "", "text": "\"Institutions and market makers tend to try and stay delta neutral, meaning that for every options contract they buy or write, they buy or sell the equivalent underlying asset. This, as a theory, is called max pain, which is more of an observation of this behavior by retail investors. This as a reality is called delta hedging done by market makers and institutional investors. The phenomenom is that many times a stock gets pinned to a very even number at a particular price on options expiration days (like 500.01 or 499.99 by closing bell). At options expiration dates, many options contracts are being closed (instutitions and market makers are typically on the other side of those trades, to keep liquidity), so for every one standard 100 share contract the market maker wrote, they bought 100 shares of the underlying asset, to remain delta neutral. When the contract closes (or get rid of the option) they sell that 100 shares of the underlying asset. At mass volume of options traded, this would cause noticeable downward pressure, similarly for other trades it would cause upward pressure as institutions close their short positions against options they had bought. The result is a pinned stock right above or below an expiration that previously had a lot of open interest. This tends to happen in more liquid stocks, than less liquid ones, to answer that question. As they have more options series and more strike prices. No, this would not be illegal, in the US attempting to \"\"mark the close\"\" is supposedly prohibited but this wouldn't count as it, the effect of derivatives on stock prices is far beyond the SEC's current enforcement regime :) although an active area of research\""}
{"_id": "152957", "title": "", "text": "&gt; Cisco, which has acquired more than 170 companies, decided it was more efficient \u2014 and more economical \u2014 to hire its own full-time bankers rather than pay millions of dollars in fees each time it struck a deal.  &gt; \u201cOur heritage has been embracing M.&amp;A. as a way to enter new markets,\u201d said Hilton Romanski, Cisco\u2019s head of corporate development, who started his career as a JPMorgan banker. \u201cIt makes sense to build a relatively scaled effort around M.&amp;A. with teams and talent that understand the market.\u201d  &gt; Facebook has hired bankers away from Credit Suisse and Jefferies, among other companies, and gives them more responsibility than they would have at a bank. \u201cThey can run a deal from beginning to end,\u201d Mr. Zoufonoun said. \u201cAs an analyst, they were doing one part of a pitch deck.\u201d  &gt; At Google, Mr. Harrison has an employee looking after the deal needs of each of the company\u2019s 12 product areas, like ads, YouTube and search. That person goes to all meetings held by the senior members of that group, staying attuned to possible acquisition needs.  &gt; But the hours are not necessarily any better than on Wall Street, said Mr. Zoufonoun, who stayed up several nights in a row working to close the WhatsApp deal and fell asleep at the office the day it was announced."}
{"_id": "152960", "title": "", "text": "\"Summary of accepted answer: Your \"\"loss\"\" will not count as a loss (to the IRS).  Which means no tax deduction for a \"\"short-term capital loss\"\" (on that sale). Instead, the IRS simply pretends like you had paid less for the stock to begin with.\""}
{"_id": "152971", "title": "", "text": "Probably not, but if the damage was bad enough that Target gets its lawyers in gear, they can certainly come after you for the monetary damages.  However, it would probably more trouble for them than is worth it.  A business like target probably writes off millions of dollars for these kinds of things per year (theft, damages, spoiled product, shipping costs, lawsuit settlements, recall, etc.)"}
{"_id": "152974", "title": "", "text": "&gt; Look dude, I don't give a shit what you think. I originally posted this to say don't take the processing balance for fact, as a lot of people do.   Yet ironically... that is exactly what YOU do... 3x a day."}
{"_id": "152984", "title": "", "text": "How do you mean?  If you have a list of targeted customers that your sales people are calling from then you would preferably use some kind dialer software (in my opinion a software that don't call for you).   If you call customers that don't want to be called again then don't call them offering this offer. Many customers get approached by many sales people so they often forget who called and when if you haven't come so far that could give the customer a fair explanation of your offer. Whait a month or two and try again.  Have I understood your question right?"}
{"_id": "152985", "title": "", "text": "It is normally a bad idea to cash in retirement accounts to buy a house, in your case it is a horrible idea because you are way behind on saving for retirement. Other fallacies in your reasoning:   My advice, increase the amount you are saving for retirement considerably, and also put some money aside to save for a down payment on a house. Buy the house when you have enough non-retirement money to afford the down payment. If you can't wait that long, buy a house you can afford. It may help to think of it this way: Visualize yourself as a 65 year old retired person with very little income, and living on your retirement account. Would you as a 39 year old ask that person to give you $175,966 (the amount you are talking about withdrawing compounded annually at 6% interest for 25 years with no additional contributions) so that you could put a down payment on a house? Because that is what you would be doing. When you hit retirement age would you kick yourself for making such a decision? Because unless you die young, that person is sitting out there in your future needing that money to live off of. Don't take this the wrong way, but the tone of your question seems like you are looking for support to make what you already know is a bad financial decision."}
{"_id": "152987", "title": "", "text": "Scale Manager manufactures and selling the Quality Magnetic Systems for all types of Hard Water treatment. In the all our product variety of explanations are offered, most of which involve plenty of Magnetic water softener. Attractive fuel treatment once in a while reacts to this prevailing upon insights that the car producers and enormous oil organizations are contriving to stifle attractive fuel treatment to keep up interest for gas."}
{"_id": "152992", "title": "", "text": "\"Pretty unlikely given that net neutrality has only been in place since 2015. Like I get that people dont like the way it was before and dont want to go back, but its not a change so much as a return to how it always was.  Edit: And of course people here just downvote facts without even responding why they are wrong. I dont even oppose net neutrality, Im just saying that to claim that it will \"\"end the Internet as we know it\"\" is incredibly dumb, because we didn't even have net neutrality until 2015. This is how we have always known it.\""}
{"_id": "153007", "title": "", "text": "The court by itself is not expensive, it is the implied need for an attorney which are *very* expensive. Your average court case costs $130 to file. However, your average attorneys charge anywhere from $750 to $200 an hour. Granted, the need for an attorney stems from the complexity of written law. I would agree with you that this is not ideal about current society, but the alternative - an society without written law - is much less ideal. To even find something like that, we would almost have to refer back to my previous example - Somalia."}
{"_id": "153010", "title": "", "text": "You're trying to mitigate the risk of having your investments wiped out by fraud committed by your broker by using margin loans to buy stock secured by other, non-cash assets in your account. The solution that you are proposing does not make any sense at all. You mitigate a very low probability/high impact risk by doing something that comes with a high probability/medium impact risk.  In addition to interest costs, holding stocks on margin subjects you to the very real risk of being forced to sell assets at inopportune times to meet margin calls. Given the volatility that the markets are experiencing in 2011, there is a high risk that some irrational decision in Greece could wipe you out. If I were worried about this, I would: If you have enough money that SIPC protection limits are an issue, you desperately need a financial adviser. Do not implement any strategy involving margin loans until you talk to a qualified adviser."}
{"_id": "153033", "title": "", "text": "Conserve precious time, cash, and energy by way of simplifying your kitchen area. Silicone baking mats take the place of food preparation sprays and parchment paper, so you have less to purchase as well as a lot fewer preparation steps. With 4,000 uses prior to buying a replacement, these baking mat sets pay for themselves time and time again."}
{"_id": "153045", "title": "", "text": "Do you have an adviser/mentor for your thesis? I'd recommend talking to them about your goals and see if they have any insight. They might have a better idea of your credentials/capabilities etc. They will also likely be one of the ones to write a letter of rec, so it would be good to get them on board early.  If you're still at the same institution (or area) from your undergrad, then you could probably talk to any of the finance profs you liked as well. They could be helpful as well and would know more about your background.  Since you are doing a thesis anyways, I'd recommend trying to get it published. This would be something you would want to hopefully get your mentor involved with. The Association of Business Schools (ABS) journal rankings can give you an idea of where you might want to try to publish. I'd think anything at an ABS 2 (3 would be fantastic, a 4 as a masters student is really unlikely but would open almost any door) would really help your application. Although the timing is unlikely to work out (assuming you are working on the thesis and also applying to phd school this year) because the publication process takes a long time, being able to mention in your application that you were targeting a journal (or being able to provide an update that you received a 'revise and resubmit') might really help with your application. Also, if you end up waiting a year for phd school, you'd also have more time to get your thesis published.   I'd think the math/stat background should be pretty solid, even if you don't have all the calc.   A ton of your placement post phd will be determined by your phd school, so if possible, shoot high and try attend the best program you are accepted into. Rankings could give you a good idea of program strength. You can also look at the faculty members' cv. Seeing lots of ABS 4 or 4* articles in their research is a good sign that it would be a strong program.  I hope this helps. I'm not 100% what you mean by 'flagship' state school. If you are thinking top 20 (maybe Ohio State or comparable) then my advice may not apply as much, but if you are thinking in terms of a solid, reputable state school, then I think this might apply"}
{"_id": "153068", "title": "", "text": "Creative workshop leaders aren\u2019t just chirpy, arty people with a head full of ideas. It\u2019s a lucrative business where they need to constantly innovate and manage people, time and resources. Here are simple tips to make the most of it all."}
{"_id": "153088", "title": "", "text": "12% is ridiculously high and routine for loans with no credit history, esp. from the dealer. I don't think though paying off would hurt your credit - you've already got installment loan on your report, and you have history of payments, so it shouldn't matter how long the history is (warning: this is kind of guesswork compiled from personal experience and stuff read on the net, since officially how credit score calculated is Top Secret).  If you have the loan and credit card with good payments, only thing you need to build credit is time (and, of course, keeping everything nicely paid). Of course, if you could find a loan with lower rate somewhere it's be great to refinance but with low credit you would probably not get the best rates from anywhere, unfortunately."}
{"_id": "153097", "title": "", "text": "Haha, you are aware that there are articles you can read if you click those links right?  My impression after reading the articles and another posted yesterday about German automakers isn't that it was something forced by the unions, but more of an agreement reached between the unions and VW.  Unions and management in Germany don't have quite the adversarial mindset that exists in the US, so they're a lot more likely to make concessions on either side, but it usually benefits people other than the executives since there's so many more of them."}
{"_id": "153104", "title": "", "text": ""}
{"_id": "153112", "title": "", "text": "The ETF is likely better in this case. The ETF will generally generate less capital gains taxes along the way.  In order to pay off investors who leave a mutual fund, the manager will have to sell the fund's assets.  This creates a capital gain, which must be distributed to shareholders at the end of the year.  The mutual fund holder is essentially taxed on this turnover.  The ETF does not have to sell any stock when an investor sells his shares because the investor sells the shares himself on the open market.  This will result in a capital gain for the specific person exiting his position, but it does not create a taxable event for anyone else holding the ETF shares."}
{"_id": "153121", "title": "", "text": "\"Can you get a cashier's check from your bank, made out in the charity's name, and mail it to the charity? From what I recall of the last few times I've gotten a cashier's check from the bank, it didn't have anything on it that identified me. A determined person could probably trace it back to you, but you're not really looking for strong anonymity. Another possibility would be a postal money order, but I'm not sure whether you can leave the \"\"From\"\" section blank. The money order would have a fee, but the cashier's check should be free. (It is at both my local bank and my CU.)\""}
{"_id": "153142", "title": "", "text": "There are quite a few details missing. What was your status in India when the property was purchased. How was the property funded? As your status now is PIO, assuming you have registered as PIO, and the purchase was funded from NRE account; You can credit the original purchase price into NRE account and repatriate. The capital appreciation has to be credited to NRO, tax paid and apply for repatriation. A certificate from qualified chartered accountant is required. Essentially it certifies you have paid tax and are compiling with FEMA (Foreign exchange management act) If you are not registered as PIO, you would need to apply to RBI (Reserve Bank of India, similar to fed) for permission to sell as this transaction falls under FEMA. You would in any case need a CA. A lawyer would also help. Assuming you were reporting this property in your US IRS returns ... You are liable for taxes in US.  India and US have some amount of DTAA( dual tax avoidance agreement)"}
{"_id": "153170", "title": "", "text": "Gold necklace is a versatile gift for a woman. It works for just about any event such as wife's birthday, mothers day, even any one program and just about any woman will appreciate a Personalized gold necklace of some kind! We provide the best quality jewelry. If you want to any personalized jewelry gift for your love one person, then you can visit our website and find a lot of unique jewelry design."}
{"_id": "153178", "title": "", "text": "Its best to dollar cost average adding say 5%-10% a quarter into the fund. That's what Clark Howard would suggest.  Also make sure you do not need the money for 5 years, then you should be okay.   Its tough to lose money if you keep your money there for a long period of time."}
{"_id": "153179", "title": "", "text": "Its the relative leverage available to retail traders between the two.  In the US one can trade equities with 2:1 leverage while with commodities the leverage can go much higher.  Combine this with the highly volatile nature of commodities, and it makes losing BIG too easy for the average trader."}
{"_id": "153185", "title": "", "text": "\"If the price used to be 2.50 but by the time you get in an order it's 2.80, you're going to have to pay 2.80. You can't say, \"\"I want to buy it at the price from an hour ago\"\". If you could, everybody would wait for the price to go up, then buy at the old price and have an instant guaranteed profit. Well, except that when you tried to sell, I suppose the buyer could say, \"\"I want to pay the lower price from last July\"\". So no, you always buy or sell at the current price. If you submit an order after the markets close, your broker should buy the stock for you as soon as possible the next morning. There's no strict queue. There are thousands of brokers out there, they don't take turns. So if your broker has 1000 orders and you are number 1000 on his list, while some other broker has 2 orders and number 1 is someone else wanting to buy the same stock, then even if you got your order in first, the other guy will probably get the first buy. LIFO and FIFO refer to any sort of list or queue, but don't really make sense here. When the market opens a broker has a list of orders he received overnight, which he might think of as a queue. He presumably works his way down the list. But whether he follows a strict and simple first-in-first-out, or does biggest orders first, or does buys for stocks he expects to go up today and sells for stocks he expects to go down today first, or what, I don't know. Does anybody on this forum know, are there rules that say brokers have to go through the overnight orders FIFO, or what is the common practice?\""}
{"_id": "153191", "title": "", "text": "Because interest is tax deductible. I don't know much about the Chevron deal, but I'm an EM debt analyst and typically the issue you have is that dividends are taxed but interest is not. So to move money from a subsidiary instead of putting in equity and getting dividends (tax inefficient), instead you give debt and get interest back. You get a little less flexibility on payment but you more than make up for that (on average) with tax efficiency.   Don't think of it as a loan at all. Think of it as a pseudo-equity investment with required dividends.  Revenue is not taxed, profit is. Interest comes out of profit, dividends however are issued after profit.  This could all be wrong vis-a-vis Chevron. This is just how most of the companies I look at work."}
{"_id": "153193", "title": "", "text": "Is there an indicator about what percentage must be paid when?  Where does economics end and finance start?  I feel quite geeky, but I have been studying a bit of finance, and listening to bloomberg while I work (I am software dev) and want to understand everything :D  edit: just found about this [https://www.google.com/publicdata](https://www.google.co.uk/publicdata/explore?ds=ds22a34krhq5p_&amp;met_y=gd_pc_gdp&amp;idim=country:pt:es:el&amp;hl=en&amp;dl=en#!ctype=l&amp;strail=false&amp;bcs=d&amp;nselm=h&amp;met_y=gd_mio_eur&amp;scale_y=lin&amp;ind_y=false&amp;rdim=country_group&amp;idim=country:pt:es:el:de:fr:uk&amp;idim=country_group:eu&amp;ifdim=country_group&amp;hl=en_US&amp;dl=en&amp;ind=false)"}
{"_id": "153194", "title": "", "text": "Honestly, mostly basic arithmetic and algebra on a daily basis.  The person who builds the models at my firm is a plasma physics phd though.  I suspect most physicists are brought into firms in this capacity.    I plug my assumptions into the model and then intellectualize and sell the results.    Nothing of what we do, as they say, is rocket science."}
{"_id": "153211", "title": "", "text": "\"Note: I have no experience of attempting what is described below (neither am I a lawyer nor an accountant). The process may range from a \"\"small bureaucratic hurdle\"\" to a \"\"complex legal nightmare\"\". If it seems a plausible approach, you would probably be well-advised to reach out to others that have established CASCs for help and guidance. According to this HMRC page the two ways a body can claim Gift Aid is if either it is a recognised charity or if it is a Community Amateur Sports Club (CASC). So one option may be to try and establish a CASC. I suspect that this is unlikely to be an easy process, but may be a more likely approach than trying to get the council to establish a charity. The Register as a community amateur sports club (CASC) page on the HMRC site (very) briefly describes the steps; as you can see from their eligibility criteria, to register as a CASC, you would first have to create a \"\"Sports Club\"\" of some form that: has a formal constitution is open to the whole community and has affordable membership fees is on an amateur basis provides facilities in the UK is managed by \"\"fit and proper persons\"\" You would probably need the co-operation of the local council to allow the proposed sports club the use of the local park. One of the (several) requirements of becoming a CASC is that it must: So it could, in theory, be possible to spend money raised (through both membership fees and Gift-Aid-qualifying donations) on the improving the facilities of the park (tennis courts, bowling green etc.). However, note that How to Register page mentions (among many other requirements) the need to provide \"\"accounts from the last 12 months\"\" and \"\"bank statements from the last 3 months\"\". It doesn't (as far as I can see) explicitly state that the club must have been in existence for 12 months before applying for CASC status (it might be possible to send only what you have), but be aware that you may need to establish the club \u2013 and let it operate under its own steam \u2013 for a period before applying.\""}
{"_id": "153212", "title": "", "text": "Why is the stock trading at only $5 per share? The share price is the perceived value of the company by people buying and selling the stock. Not the actual value of the company and all its assets. Generally if the company is not doing well, there is a perceived risk that it will burn out the money fast. There is a difference between its signed conditional sale and will get money and has got money. So in short, it's trading at $5 a share because the market doesn't feel like it's worth $12 per share. Quite a few believe there could be issues faced; i.e. it may not make the $12, or there will be additional obligations, i.e. employees may demand more layoff compensation, etc. or the distribution may take few years due to regulatory and legal hurdles. The only problem is the stock exchange states if the company has no core business, the stock will be suspended soon (hopefully they can release the $12 per share first). What will happen if I hold shares in the company, the stock gets suspended, and its sitting on $12 per share? Can it still distribute it out? Every country and stock markets have laid out procedures for de-listing a company and closing a company. The company can give $10 as say dividends and remaining later; or as part of the closure process, the company will distribute the balance among shareholders. This would be a long drawn process."}
{"_id": "153220", "title": "", "text": "Credit Cards when I can.  The reason if there is fraud or disputed charges (like I very much disagree with the cell phone charge) a debit card is already gone and I have to get the money back, versus a credit card where I haven't paid anybody anything."}
{"_id": "153231", "title": "", "text": "The plan doesn't make sense.  Don't invest your money. Just keep it in your bank account. $5000 is not a lot, especially since you don't have a steady income stream. You only have $1000 to your name, you can't afford to gamble $4000. You will need it for things like food, books, rent, student loans, traveling, etc. If you don't get a job right after you graduate, you will be very happy to have some money in the bank. Or what if you get a dream job, but you need a car?  Or you get a job at a suit & tie business and need to get a new wardrobe? Or your computer dies and you need a new one? You find a great apartment but need $2500 first, last & security? That money can help you out much more NOW when you're starting out, then it will when you're ready to retire in your 60's."}
{"_id": "153244", "title": "", "text": "It sucks but sometimes you just have to flat out be an asshole to people. Ive told people to post that drivel on r/Occupywallstreet and leave it out of the business related forums where people actually know whats going on. Sucks but gets the job done. I would encourage you to check out r/finance and see what you think about our stuff."}
{"_id": "153251", "title": "", "text": "There contracts called an FX Forwards where you can get a feel for what the market thinks an exchange rate will be in the future.  Now exchange rates are notoriously uncertain, but it is worth noting that at current prices market believes your Krona will be worth only 0.0003 Euro less three years from now than it is worth now. So, if you are considering taking money out of your investments and converting it to Euro and missing out on three years of dividends and hopefully capital gains its certainly possible this may work out for you but this is unlikely.  If you are at all uncertain that you will actually move this is an even worse idea as paying to convert money twice would be an additional expense on top of the missed returns. There are FX financial products (futures and forwards) where you can get exposure to FX without having to put the full amount down.  This could help hedge your house value but this can be extremely expensive over time for individual investors and would almost certainly not work in your favor. Something that could help reduce your risk a bit would be to invest more heavily in European even Irish (and British?) stocks which will move along with the currency and economy.  You can lose some diversification doing this, but it can help a little."}
{"_id": "153259", "title": "", "text": "Sovereign Inn key features of the rooms are spectacular views of motel grounds and gardens. Reverse cycle air conditioning, flat screen TV, en-suite bathroom, fridge, iron and ironing board, hairdryer, tea, and coffee maker and free WIFI. Contact at: 02 6452 1366."}
{"_id": "153265", "title": "", "text": "LOL!!!! The stock market is reaching new heights only just because of confidence with Trump. And the economy is doing great and improving under Trump.  Remember, one wrong move or one wrong saying from Trump and the stock market goes down.  But, what goes up, must come down, and I am sure it will not be because of Trump.   It would be some messy corporate dysfunction (e.g. Saving and Loans in the past, Car companies facing bankruptcy in the past, tech bubble in the past, subprime loans, and other irresponsible economic mishandling not due to the president).  In any case, it will be a correction and not a crash, because the economy is good and improving, and will improve due to Trump."}
{"_id": "153274", "title": "", "text": "\"&gt;  So now instead of just businessman A buying materials he has two other buyers looking to utilize a scarce amount of resources  Well yes, but this can be a good thing. Those \"\"resources\"\" are often employees, so we're talking about higher employment.  &gt; The problem is interest rates that are not set by the market, but by a centralized bureau who couldn't possibly have enough information to determine what the cost of financing should be.  No, only the base rate is set centrally. Banks can and always do charge more than this, with rates set by market competition.\""}
{"_id": "153281", "title": "", "text": "No, it's not all long-term capital gain.  Depending on the facts of your situation, it will be either ordinary income or partially short-term capital gain.  You should consider consulting a tax lawyer if you have this issue. This is sort of a weird little corner of the tax law.  IRC \u00a7\u00a71221-1223 don't go into it, nor do the attendant Regs.  It also somewhat stumped the people on TaxAlmanac years ago (they mostly punted and just declared it self-employment income, avoiding the holding period issue).  But I did manage to find it in BNA Portfolio 562, buried in there.  That cited to a court case Comm'r v. Williams, 256 F.2d 152 (5th Cir. 1958) and to Revenue Ruling 75-524 (and to another Rev. Rul.).  Rev Rul 75-524 cites Fred Draper, 32 T.C. 545 (1959) for the proposition that assets are acquired progressively as they are built.  Note also that land and improvements on it are treated as separate assets for purposes of depreciation (Pub 946). So between Williams (which says something similar but about the shipbuilding industry) and 75-524, as well as some related rulings and cases, you may be looking at an analysis of how long your property has been built and how built it was.  You may be able to apportion some of the building as long-term and some as short-term.  Whether the apportionment should be as to cost expended before 1 year or value created before 1 year is explicitly left open in Williams.  It may be simpler to account for costs, since you'll have expenditure records with dates. However, if this is properly ordinary income because this is really business inventory and not merely investment property, then you have fully ordinary income and holding period is irrelevant.  Your quick turnaround sale tends to suggest this may have been done as a business, not as an investment. A proper advisor with access to these materials could help you formulate a tax strategy and return position.  This may be complex and law-driven enough that you'd need a tax lawyer rather than a CPA or preparer.  They can sort through the precedent and if you have the money may even provide a formal tax opinion.  Experienced real estate lawyers may be able to help, if you screen them appropriately (i.e. those who help prepare real estate tax returns or otherwise have strong tax crossover knowledge)."}
{"_id": "153285", "title": "", "text": "\"According to US News, renter's insurance does cover liability as well as your own belongings.  They list this as one of four \"\"myths\"\" often promulgated about renter's insurance.  This is backed up by esurance.com, which explicitly mentions \"\"Property damage to others\"\" as covered.  Nationwide Insurance says that renter's insurance covers \"\"Personal liability insurance for renters\"\" and \"\"Personal umbrella liability insurance\"\".  Those were the first three working links for \"\"what does renters insurance cover\"\" on Google.   In short, while it is possible that you currently have a different kind of coverage, this is not a limitation of renter's insurance per se.  It could be a limitation in your current coverage.  You may be able to simply change your coverage with your current provider.  Or switch providers.  Or you may already be covered.   Note that renter's insurance does not cover the building against general damage, e.g. tornado or a fire spreading from an adjacent building.  It is specific to covering things that you caused.  This may be the cause of the confusion, as some sources say that it doesn't cover anything in the building.  That's generally not true.  It usually covers all your liability except for specific exceptions (e.g. waterbed insurance is often extra).\""}
{"_id": "153289", "title": "", "text": "What are single stock futures? Futures that are based on a single underlying stock value? What is the norm in this case then? A basket of stocks of companies that work in similar fields, thereby allowing you to bet on the fate of a particular market(like betting against the oil industry after learning of the fact that solar energy has become very cheap?)?  Also, won't the price of the stock of the company itself be a more accurate indicator and helper in the price discovery process(say, BP stock price goes down and GreenEnergyInc.'s value goes up?) than the price of a derivative based ON it?  EDIT: You have already answered the aforementioned question in your original reply."}
{"_id": "153315", "title": "", "text": "You should not seek a kind of debt just for it's appearance on your credit report.  If you don't need an auto loan don't get an auto loan. Getting a credit card for the purpose of building credit is a little bit of a different animal because you can use a credit card such that you never pay any interest or fees.  With a loan, you will pay interest.  Altering your score by paying interest doesn't provide you with a net benefit. With that said, depending on the auto loan rate you may want to accept the loan just to fee up your capital.  Some promotional rates are so low you may even make money leaving the cash in a regular savings account.  But don't let your credit score wag the dog."}
{"_id": "153316", "title": "", "text": "&gt; But to answer your question, the two factors you mention are positively correlated, not negatively as you postulate.   I'm not sure if there's necessarily any correlation. I'm merely stating the fact that they have so much savings that they must export capital but at the same time, they've ramped up domestic debt to somewhere around 300% of GDP which, I don't know why you say it isn't a lot, but it's probably twice the level of the average developing country.  Wealth is probably very overstated, but the mechanism for why this has happened is confusing to me."}
{"_id": "153319", "title": "", "text": "I still don't understand. What's your exact role in all this? Do you own a plot of land that you want to sell them? Or are you just a bystander with an idea that you'd like to share? Or do you want to open a hotel yourself but need their help?"}
{"_id": "153341", "title": "", "text": "As long as you have a emergency fund, I'd stop 401k contributions immediately and use that money to fund school (as much as you can). Student loans are dangerous - they're very difficult to discharge in a bankruptcy, and eat into your savings for a long time. It may even be better to defer school for a year while the debt gets paid off and you can get an emergency fund built up."}
{"_id": "153348", "title": "", "text": "You can try paper trading to sharpen your investing skills(identifying stocks to invest, how much money to allocate and stuff) but nothing compares to getting beaten black and blue in the real world. When virtual money is involved you mayn't care, because you don't loose anything, but when your hard earned money disappears or grows, no paper trading can incite those feelings in you. So there is no guarantee that doing paper trading will make you a better investor, but can help you a lot in terms of learning. Secondly educate yourself on the ways of investing. It is hard work and realize that there is no substitute for hard work. India is a growing economy and your friends maybe safe in the short term but take it from any INVESTOR, not in the long run. And moreover as all economies are recovering from the recession there are ample opportunities to invest money in India both good and bad. Calculate your returns and compare it with your friends maybe a year or two down the lane to compare the returns generated from both sides. Maybe they would come trumps but remember selecting a good investment from a bad investment will surely pay out in the long run.  Not sure what you do not understand what Buffet says. It cannot get more simpler than that. If you can drill those rules into your blood, you mayn't become a billionaire but surely you will make a killing, but in the long run. Read and read as much as you can. Buy books, browse the net. This might help. One more guy like you."}
{"_id": "153353", "title": "", "text": "I work in finance and I think the biggest mistake you are making at 15 years old is saying that you specifically want to be a financial advisor.  I'm not trying to say the job is awful...but most people who are interested in finance would not at all want this job. You will spend 90% of your time trying to find clients. Most of the time it will be through cold-calling people on the phone through some leads you either get through your agency or you paid for online. Or, you have to start annoying friends and family (never do this). For most people, the job is not about finance and it sucks. Once you finally get a client, now you have a conflict of interest in that you want to sell them the high-commission products so that you get paid, but its often not the best product for them. Its actually very easy to become a financial planner, extremely hard to become a successful one.   Instead, what I would do, is consider the wider field of finance. There is so much more to finance than being a financial planner. Do you want to become an expert on stocks? Consider equity research. Do you want to help companies fix strategic problems and make a ton of money? Consider consulting. Do you want to help companies raise money by going public? Consider investment banking. You can google the different types of careers online."}
{"_id": "153367", "title": "", "text": "Venezuela is an interesting example, because one of the main drivers behind the crisis was a decade's long drought that caused the hydroelectric reservoirs to fall below critical intake levels. Not only was their agricultural industry crippled by drought, and not only were the city taps dry, but on top of that they had to cut the work week short and ration electricity. They couldn't even use oil to generate electricity, since they'd moved away from it in order to increase exports. In their case, diversifying from oil and heavily investing into hydroelectric power actually made the crisis far worse.  Which is what is so scary about global warming. What happens when Lake Mead goes dry?"}
{"_id": "153375", "title": "", "text": "I know some companies or entities have large incomes or expenses at certain times of the year, and like to close their books after these large events.  For example where I work,  the primary seasonal income comes after summer, so our fiscal year ends at the last days of October.  This gives the accountants enough time to collect all the funds, reconcile whatever they have to, pay off whatever they have to and get working on a budget for the next year sooner than a calendar year would. There also might be tax reasons.  To get all of your income at the beginning of your fiscal year, even if that is in the middle of the calendar year would allow a company to plan large deductible investments with more certainty.  I am not to sure of the tax reasons."}
{"_id": "153377", "title": "", "text": "\"Hobby expenses are not tax deductible.  Business expenses are, but only if it's a bona fide business.  First they look at profitability: if you reported a net profit (i.e. paid taxes) in your first 3 years, they will believe you rant on Youtube for a living.   Remember, by the time they get around to auditing you, you'll likely be well into, or through, your third year.   There is an exception for farms.  Other than that, if you lose money year after year, you better be able to show that you look, walk and quack like a business; and one with a reasonable business reason for delayed profitability.  For instance Netflix's old business model of mailing DVDs had very high fixed infrastructure expense that took years to turn profitable, but was a very sensible model.  They're fine with that.  Pets.com swandived into oblivion but they earnestly tried. They're fine with that too.  You can't mix all your activities. If you're an electrician specializing in IoT and smart homes, can you deduct a trip to the CES trade show, you bet.  Blackhat conference, arguable.  SES?  No way.  Now if you had a second business of a product-reco site which profited by ads and affiliate links, then SES would be fine to deduct from that business.  But if this second business loses money every year, it's a hobby and not deductible at all.  That person would want separate accounting books for the electrician and webmaster businesses.  That's a basic \"\"duck test\"\" of a business vs. a hobby. You need to be able to show how each business gets income and pays expense separate from every other business and your personal life.  It's a best-practice to give each business a separate checking account and checkbook. You don't need to risk tax penalties on a business-larva that may never pupate.  You can amend your taxes up to 3 years after the proper filing date.  I save my expense reciepts for each tax year, and if a business becomes justifiable, I go back and amend past years' tax forms, taking those deductions.  IRS gives me a refund check, with interest!\""}
{"_id": "153383", "title": "", "text": "\"The basic theoretical reason for a company to return money to shareholders is that the company doesn't need the money for its own purposes (e.g. investment or working capital). So instead of the company just keeping it in the bank, it hands it back so that shareholders can do what they think fit, e.g. investing it elsewhere. In some cases, particularly \"\"private equity\"\" deals, you see companies actively borrowing money to payout to shareholders, on the grounds that they can do so cheaply enough that it will improve overall shareholder returns. The trade-off with this kind of \"\"leveraging up\"\" is that it usually makes the business more risky and every so often you see it go wrong, e.g. after an economic downturn. It may still be a rational thing to do, but I'd look at that kind of proposal very carefully. In this case I think things are quite different: the company has sold a valuable asset and has spare cash. It's already going to use some of the money to reduce debt so it doesn't seem like the company is becoming more risky. Overall if the management is recommending it, I would support it. As you say, the share consolidation seems like just a technical measure and you might as well also support that. I think they want to make their share price seem stable over time to people who are looking at it casually and won't be aware of the payout - otherwise it'd suddenly drop by 60p and might give the impression the company had some bad news. The plan is to essentially cancel one share worth ~960p for every payout they make on 16 shares - since 16x60p = 960p payout this should leave the share price broadly unchanged.\""}
{"_id": "153385", "title": "", "text": "Here, you can more expect from YILES, it is a one of the most and believable medical equipments. We provide the most  and high quality medical devices such as Tube, Oxygen Mask, Nebulizer Mask, Anaesthesia Mask, Nasal Oxygen Canuula, Nasopharyngeal Tube, Double Lumen Endobronchial tube,Breathing Circuit, Suction Connecting Tubing at the lowest price.  We are located in Nanchang (China). We also keep better relationship with their clients."}
{"_id": "153398", "title": "", "text": "That might be a generational difference. For us, as long as we know where to find the equations, what's the point in knowing a formula if you're not using it on a regular basis. It's much more prudent to know where to find the formulas you might need in the future or where to find the methods to derive them, and have the ability to do this as opposed to remembering the steps or the formulas by rote. The information is usually seconds away, the skills are not."}
{"_id": "153417", "title": "", "text": "Your over-thinking this.  As long as the owner has the title and the vehicle is titled in there name they can sign it over to you then you can take it to the DMV and put it in your name. If they do not own the vehicle because they are still making payments then you will also need the signature from their bank or lien holder. You can ask to see their ID to verify they are the owner marked on the title. I've bought ~10 vehicles in the last 5 years and never had a problem doing it this way, my experiences have all been in California."}
{"_id": "153443", "title": "", "text": "http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre27.pdf if you are in the US Look at section 805 and 805 about how they may contact you and what they are and aren't allowed to do. You can simply send a Certified Mail, Return Receipt (CMRR) letter explaining you have no part of it, and that they are not allowed to contact you by any means other than in writing from this point forward. Then you can either put return to sender on the letters (it costs them money) or open them and delete anything you don't need."}
{"_id": "153445", "title": "", "text": "When prices get to a point where it's *beyond* crazy. There's a good price, a cheap price, a crazy cheap price and there's beyond crazy cheap. Something that happens maybe every 10 years or so.  Also be prepared to lose your home if it doesn't work out."}
{"_id": "153452", "title": "", "text": "\"The answer was provided to me at the Gnucash chat by \"\"warlord\"\". The procedure is as follows: After doing this you will have:\""}
{"_id": "153460", "title": "", "text": "\"The article misses one thing.  The aftermarket automotive parts makers.  Small scale car makers indeed did fall to the big players, but customization has existed nearly as long as cars themselves.  From sponsored performance specialists like Carroll Shelby to the backyard mechanic making lifters for his Jeep, the \"\"long tail\"\" is exactly the same as that of the Lego.  Companies like Lego encourage it and digital distribution of specs, standards, and physical merchandise make it much more prevalent, but it's nothing new, and certainly not recent.  Making a quality product and insuring that smaller producers down the line *want* to drive sales of your product is just smart.\""}
{"_id": "153487", "title": "", "text": "The numbers:  \u2022 222,000 jobs were added last month. Wall Street economists had expected employment gains of 175,000.  \u2022 The unemployment rate was 4.4 percent. May\u2019s jobless rate was 4.3 percent.  \u2022 The average hourly wage grew by 2.5 percent from a year earlier.  \u2022 The labor-force participation rate inched up to 62.8 percent, from 62.7 percent."}
{"_id": "153491", "title": "", "text": "Thanks for the answer/comments! The time-based method was something we mooted and something I almost went with. But just to wrap this up, the method we settled on was this: Every time there is an entry or exit into the fund, we divvy out any unrealised market profits/losses according to each person's profit share (based on % of the asset purchased at buy-in) JUST BEFORE the entry/exit. These realised profits are then locked in for those particpants, and then the unrealised profits/loss counter starts at zero, we do a fresh recalculation of shareholding after the entry/exit, and then we start again. Hope this helps anyone with the same issue!"}
{"_id": "153505", "title": "", "text": "There are legitimate reasons: I wouldn't jump the gun and assume that this person is avoiding taxes, etc. Barbers are usually licensed professions. Since it's generally a cash business, they tend to get audited more often by the tax authorities. That said, I wouldn't pay her with a check -- you have no idea who is actually cashing the check, and you could run into issues with unknown third parties misusing your account information."}
{"_id": "153507", "title": "", "text": "\"Because it is a Roth IRA (not traditional), you never pay penalties for withdrawing any amount up to your total contributions amount. This is because you are funding it with after tax money. But it sounds like your Roth had $11K in it and you zeroed it out? If you were less than 59.5 years old at the time you made the withdrawal, then if you did not return anything to the account, then you would pay tax on the 6K as income this year at your normal tax rate, plus an additional 10% penalty on that 6K ($600). The 5K in contributions is not taxable. Now, since it's been more than 60 days since you withdrew the money, you cannot put the 6K in earnings back in without paying the penalty, however, you can still contribute $5500 per year (or $6500 if you're over 50). So, you can put back $5500 and then you would only have to pay tax + 10% on the $500 difference. Update: I would recommend talking to an accountant. The fact that you intended to buy a house might provide a mechanism for getting the money back in if you wish. If this was your first house or you have not owned a home in the last 2 years, then you would be considered a \"\"first-time homebuyer\"\" and there is a special exception allowing you to remove 10K without penalty. If you end up not purchasing the home, you have 120 days to contribute those funds back in (treated as a rollover- thank you littleadv for the link to this). As for the final 1K overage, I believe you can count that towards your $5500/yr contribution when you put the entire amount back. Lastly, after digging into this, you have hit so many edge cases with your scenario (6K in earnings being between 5500 for under 50 and 6500 for over 50, it's been 70 days which is between the 60 day normal cutoff and the 120 day extended cutoff for home purchase falling through, and 11K total being just over the 10K cutoff for the same), that I'm starting to wonder if this is some sort of contrived case for an accounting exam!?\""}
{"_id": "153513", "title": "", "text": "NapiGator SEO is Temecula's leading Search Engine Optimization firm. With experience handling everything from national campaigns, right through to local mom and pop shops, we've can handle any project you throw at is. As a multi-award winning agency, we strive to provide the highest quality workmanship, results and customer satisfaction humanly possible. We keep our team small so that when you call, you're able to speak directly with the owner. Its these sort of personal touches, attention to detail, as well as results orientated tweaks that we ensure are in our company that lead to such incredible reviews from our clients. If you'd like to learn more about our Search Engine Optimization Temecula services, then get in touch today to find out more.   Learn more at https://www.napigator.com/temecula-seo/"}
{"_id": "153520", "title": "", "text": "Assuming that it's not inventory that is sold in the following year or a depreciable asset, you can deduct it when you make the purchase. The courts have ruled that credit cards balances are considered debt. It's treated the same way as if you went to the bank, got a loan, and used cash or a check to purchase the items. On your accounting books, you would debit the expense account and credit the credit card liability account. This is only for credit cards, which are considered loans. If you use a store charge card, then you cannot deduct it until you pay. Those are considered accounts payable.  I'm an IRS agent and a CPA."}
{"_id": "153528", "title": "", "text": "For the financial year 1 April 2014 to 31 March 2015 as you have / will be spending more than 182 days outside of India, you are Non-Resident from tax point of view. For the period 1 April 2014 to Aug 2014, any salary / income you have earned in India is taxable and tax need to be paid. For the period Aug 2014 to 31 March 2015 the income you have earned in Saudi is not taxable in India. You can transfer money to India or keep in Saudi, it has no effect on the taxes. Any interest income you earn, or rental income you earn, or any other source of income in India is taxable. You would need to file returns accordingly. An NRE Accounts allows you to transfer funds out of India without any questions. So if you intend at some point in time in future to move funds out of India [say settling down in Saudi or UK or US etc] it is advisable to have NRE account. If you are sure you don't want to transfer funds out of India, you should open an NRO account."}
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{"_id": "153539", "title": "", "text": "\"The amount can vary by car rental company and geographic location. I did a Google search using the search term: \"\"enterprise credit card hold\"\" The range went from $100 to $500. There is also mention of Jamaica for $1500. The benefit of a credit card in this instance is that the hold is on a virtual balance versus a debit card that will actually hold the money that is in your checking account.\""}
{"_id": "153541", "title": "", "text": "\"First, filing status. If you and your wife are legally married, you should be filing your tax returns as married, either jointly or separately. In the US, \"\"head of household\"\" has a specific meaning and is for unmarried people who are supporting one or more relatives, per the IRS. If you are working full-time and your wife is not, then likely you will file a joint return, including all your income and all the expenses for your wife's business. So yes, the losses in her business will offset your income. Depending on how complex things are, you may want to hire a professional to help with your taxes. The rules for what can and cannot be deducted as a business expense can be opaque.\""}
{"_id": "153542", "title": "", "text": "We fulfil the requirements of every woman, as you know the jewelry is essential to wear. But, Izzy Bell Boutique gives you a better way to buy jewelry in different design. If you are looking for that online opportunity from where you buy necklace and pendants at the lowest price. The aromatherapy pendant necklace  is a natural lava and high quality materials. We give a typical design of the frill and it is a touch of improvements is made to proceed to the end of time. There are accessible in various styles of fragrant healing pieces of jewelry and fragrant recuperating adornments so satisfying these bits of pearls which design stainless steel."}
{"_id": "153556", "title": "", "text": "As I've gotten older I've found physical labor to be a required part of my life to be happy.  I sit at a desk all week, and on the weekends I go out an remodel my weekend place.  I find myself looking forward all week to doing even mundane tasks like chopping wood for winter.  Don't get me wrong, I actually love my job.  However there is a sense of worth and accomplishment that performing physical labor gives me that an office job can never do."}
{"_id": "153558", "title": "", "text": "No and you don't want tips from me.  I live in the same house as my ex-wife which should give you a tip about how successful I've been.  Truthfully though, I've done well for myself, but she's unemployed and it lets me see my son everyday.  You should get tips from professionals and not Reddit.  Reddit's great for cats though."}
{"_id": "153559", "title": "", "text": "You are assuming the price increase will continue. The people selling are assuming that the price increase will not continue.  Ultimately that's what a share transaction is: one person would rather have the cash at a particular price / time, and one person would rather have the share."}
{"_id": "153590", "title": "", "text": "&gt;I would be all for that as soon as every job in society pays people enough for a modest life including insurance. Before that happens, this approach is just setting the lower classes up for failure.  You mean, like how the lower classes all over the world - billions of people - have been lifted out of poverty by countries adopting economic liberalizations and rollback of government intervention?  &gt;I know this is a fundamental ideal of the right but I do not share it. I think you need a lot of carrots to get people to change.  Not my problem.  If people want to be irresponsible, that's their right.  They DO NOT have the right to have the government steal some of my money because they didn't plan properly.  &gt;Is it moral for a rich man who made all his money while using public infrastructure and services to claim all his profits are exclusively his?  100% absolutely.  That infrastructure is already paid for.  His success creates no additional burden or obligation.  &gt;You do understand that if/when we get a terrific healthcare system that benefits the common man the healthcare stocks would tank?  No, they wouldn't.  In fact, the healthcare market would grow so rapidly it would be the investing opportunity of a lifetime.  Thousands of new companies formed.  A massive wave of innovation in products and services when the FDA is curtailed.  It would be absolutely crazy."}
{"_id": "153593", "title": "", "text": "Did it in late 2012, did well, got quite a few requests but not many follow ups. Would recommend though, if you do well it helps to connect and find out about opportunities, and if you don't it didn't affect anything and it's still free, right?  If you are a finance major shouldn't be much of a problem. Try some prep material if they have those, I suppose."}
{"_id": "153597", "title": "", "text": "Must be crazy going from mansions in the Carribean with servants and flying on jet planes across the world to being locked in a gray cell for the rest of your life. I wonder what it feels like going from having it all and living in extravagance to knowing you're going to die alone in prison."}
{"_id": "153605", "title": "", "text": "\"I would recommend \"\"The Intelligent Investor\"\" by Benjamin Graham. Though it's not a substitute for the CFAI curriculum, the book does cover a lot of ground.  I'd like to take the time to point out that given your lack of experience, the potential employer wont be looking for a very high level of technical expertise. Put in another way, a basic understanding of financial statements might very well suffice. Freshies are generally required to have that along with a good grasp of MS Suite (sans Access).\""}
{"_id": "153633", "title": "", "text": "A wal-mart successfully unionized in Quebec years ago, shortly after, wal-mart shut the store down. They're so anti-union, they'll cut off the entire revenue source instead of make slightly less money due to slightly better salaries being paid.  There's a reason I never shop at wal-mart, it's a despicable company.  http://www.cbc.ca/news/business/story/2005/02/09/walmart-050209.html"}
{"_id": "153640", "title": "", "text": "This is a scam.  Do not give them any money. A quick search on this site will yield many examples of this scam."}
{"_id": "153646", "title": "", "text": "It features the largest selection of sports, events and markets. Bet the Champions League, and many more. In the section live access to statistics that in real time gives all the necessary information about the Singapore Online casino slot and key moments of every sports meeting. By option Cash Out when you decide to close your bet before the finish of the event. In the section Virtual you can enjoy your favourite sports at any time of the day."}
{"_id": "153649", "title": "", "text": "Warren Buffet also isn't the CEO of a major company - or at least one that matters in this context. He is the CEO of Berkshire Hathaway. That is a holding company that owns a handful of other companies.  It doesn't have customers, it doesn't sell a product. It owns companies that do those things, some of which directly rely on technology and need their CEO to have a strong understanding of technology.  The things is though, that each of those companies? They have their own CEO - not Warren Buffett."}
{"_id": "153660", "title": "", "text": "\"For a non-ETF mutual fund, you can only buy shares of the mutual fund from the mutual fund itself (at a price that the mutual fund will reveal only at the end of the day) and can only shares back to the mutual fund (again at a price that the mutual fund will reveal only at the end of the day). There is no open market in the sense that you cannot put in a bid to buy, say, 100 shares of VFINX at $217 per share through a brokerage, and if there is a seller willing to sell 100 shares of VFINX to you at $217, then the sale is consummated and you are now the proud owner of 100 shares of VFINX. The only buyer or seller of VFINX is the mutual find itself, and you tell it that you \"\"want to buy 100 shares of VFINX and please take the money out of my checking account\"\". If this order is entered before the markets close at 4 pm, the mutual fund determines its share price as of the end of the day, opens a new account for you and puts 100 shares of VFINX in it (or adds 100 shares of VFINX to your already existing pile of shares) and takes the purchase price out of your checking account via an ACH transfer. Similarly for redeeming/selling shares of VFINX that you own (and these are held in an account at the mutual fund itself, not by your brokerage): you tell the mutual fund to that you \"\"wish to redeem 100 shares and please send the proceeds to my bank account\"\" and the mutual fund does this at the end of the day, and the money appears in your bank account via ACH transfer two or three days later.  Generally, these transactions do not need to be for round lots of multiples of 100 shares for efficiency; most mutual fund will gladly sell you fractional shares down to a thousandth of a share. In contrast, shares of an exchange-traded fund (ETF) are just like stock shares in that they can be bought and sold on the open market and your broker will charge you fees for buying and selling them. Selling fractional shares on the open market is generally not possible, and trading in round lots is less expensive. Also, trades occur at all times of the stock exchange day, not just at the end of the day as with non-ETF funds, and the price can fluctuate during the day too. Many non-ETF mutual funds have an ETF equivalent: VOO is the symbol for Vanguard's S&P 500 Index ETF while VFINX is the non-ETF version of the same index fund.  Read more about the differences between ETFs and mutual funds, for example, here.\""}
{"_id": "153661", "title": "", "text": "You won't be, right after purchase Eddie Lampert asked himself nervously back in the day if he made a mistake buying Sears and he was right back then for the last time.  The merger with Kmart was like two sinking ships ramming each other to stay afloat longer, although I think Kmart was the bigger dud at the time.  All I think he's trying to keep it afloat anymore is so he doesn't flood the real estate side of the business with too much empty commercial real estate at once.  This is his only way to get back even just a fraction of his investment.  Sears took its last gasp the moment it sold Craftsman.  Now, they're just keeping the body warm and wheeling it around hoping no one will notice."}
{"_id": "153664", "title": "", "text": "I bought Health Insurance for myself after a period without it, and my premiums were not terrible. I was a 27 year old man, living in California, no preexisting conditions, and I paid approximately 90$ a month. This was for a standard Health Insurance plan.  However, when I moved back to NY a little while later, insurance companies wanted almost $500/month for catastrophic coverage.  So, from personal experience, my answer is that price varies widely by state. Different states have different regulations as to what Health Insurance Companies need to cover and at what price. In NY, Health Insurance companies can't charge different rates according to age. Also, in NY, there is a price spiral, where the price is so high, few people buy it, so they have to raise the price because not enough well people are in the pool, so fewer people buy it.... To test it out, go to an online insurance broker, like ehealthinsurace, and put in your proposed information, including that you haven't been covered for a period. This way you will know."}
{"_id": "153670", "title": "", "text": "\"I'll try to give you some clues on how to find an answer to your question, rather than answering directly the question asked.  Why not answer it directly? Well, I can, but it won't help you (or anyone else) much in two months when the rates change again. Generally, you won't find such in brick-and-mortar banks. You can save some time and only look at online banks. Examples: ING Direct (CapitalOne), CapitalOne, Amex FSB, E*Trade, Ally, etc. There are plenty. Go to their web sites, look for promotions, and compare. Sometimes you can find coupons/promotions which will yield more than the actual savings rate. For example, ING frequently have a $50 promotion for opening a new account. You need to understand that rates change frequently, and the highest rate account today may become barely average in a week. There are plenty of sites that offer various levels of comparison information. One of the most comprehensive ones (IMHO) is Bankrate.com. Another place to look is MoneyRates.com. These sites provide various comparisons, and you can also find some promotions advertised there. There are more similar sites. Also, search the Internet and you can find various blog posts with additional promotions \u2013 frequently banks give \"\"referral bonuses\"\" to provide incentive for clients to promote the banks. Do some due diligence on the results that appear promising. Not much. You won't find any savings account that would keep the value (purchasing power) of your money over the long term. Keeping money in savings accounts is a sure way to lose value because the inflation rate is much higher than even high-yield savings accounts. But, savings accounts are safe (insured by FDIC/NCUA up to the limit), and very convenient to keep short term savings \u2013 such as an emergency fund \u2013 that you cannot afford to lose to investments. Sometimes you'll get slightly better rates by locking up your money in a Certificate of Deposit (CD), but not significantly higher when the CD is short-term.\""}
{"_id": "153677", "title": "", "text": "My wife has subscribed for trips or whatever so she could preload stuff for offline play.  Total shit show.  Wasn't clear when stuff was actually downloaded.  Seemingly downloaded stuff wouldn't play.  We're going for a long trip in a couple months and would like to subscribe again to pre-load stuff, not sure it is worth it.  We've only used it on Android and it is definitely far from stable.  Crashes are _very_ common.  Having to kill the app and restart it is almost a daily occurrence.  Crashing like the one I screenshot isn't surprising or unusual.  It really is a garbage app.  If possible I'll often use youtube instead if the content is there too, even though that means my screen needs to stay on to keep playing.  We have Google Nexus phones from right before they switched to the Pixel name.  So they're about as vanilla standard Android as phones can get."}
{"_id": "153679", "title": "", "text": "\"A business can refuse cash (paper currency) payment pretty much in all cases provided it's a reasonable policy and/or notified during/in advance of contracting. Details in this link. \"\"all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services.\"\" Even if the payment is being made to settle a debt or other obligation, the creditor may refuse payment if their rationale is reasonable (as determined by the courts).\""}
{"_id": "153688", "title": "", "text": "Every railroad company Harrison touches has become gold. CSX knows that. Hunter Harrison is best in class and no one else is close. CSX needs HH more than HH needs them. Any rail company would take him off the market in the blink of an eye."}
{"_id": "153720", "title": "", "text": "Congratulations on completing the GSoC. I think the short answer is No, and you ought to just hang on to the card and gradually spend it down on your day-to-day expenses: you can spend money off a US prepaid card in Australia, or with online US merchants.  That will probably be a better deal than trying to cash it out, unless you really desperately need the cash."}
{"_id": "153724", "title": "", "text": "So I'm not an expert regarding this topic, but the languages i have heard thrown around are  vba (excel), R, stata and python.  Out of these, I think python is the base foundation and then Vba for excel.   Whatever you do, research into these fields. For example, I use to think IB was the end goal without even knowing wtf they do, everyone just kept on talking about. They are just high powered salesman. Also, sadly the truth is if you aren't from a prestigious school high finance is out of the question. Don't waste your time. Also, don't think it's something you are missing out on. Their lives suck was from what I hear and plenty of money can be made elsewhere.   My friend went to cal, got into boutique Ib, he quit after a few years stating his life was miserable. Fuck that. As an economics major you will find out that happiness is important.   Spend your time wisely. Career choice is a big decision."}
{"_id": "153728", "title": "", "text": "I cannot explain how the derivative is created in specific, because I have never actually built one. However, [Investopedia](http://www.investopedia.com/terms/m/mitts.asp#axzz1wwZTADu5) suggests to me that the concept is quite simple. They are selling a synthetic protective put.   An individual could quite easily remake the payout structure of these securities -  1. Buy the share or index in which you are interested 2. Buy a put option on the same asset with a strike price as your purchase price 3. If you are interested in the target-term aspect, you ought to buy European puts. American options will be more expensive, but give you more flexibility to sell your share. 4. At the maturity of your option, if the share is below the price you paid you can exercise your option and still have your principal. If it is above, leave your option alone and sell your share for profit."}
{"_id": "153729", "title": "", "text": "\"One advantage of the chip cards is that the card information needed to make purchases can't be easily skimmed or \"\"stolen\"\".  Another is that it is more difficult to create a fake physical card.  These advantages still exist regardless of what form of verification is used (or even if no verification is used). The type of fraud you're describing, in which your card is physically lost or stolen, is a relatively small proportion of total fraud (14% according to this site).  One reason this is not as big a problem is that often, if you lose your card or get robbed, you know the card is compromised and you can cancel it.  (Even if it takes you a while to do this, at least you are on the alert.)  The real danger comes when your card info is stolen without your knowledge, and this is harder to do with a chip card. It's also worth noting that there are more ways for a fraudster to get nabbed than being caught red-handed entering the wrong PIN at the point of sale.  The credit card companies are still tracking card usage and watching for unusual purchases that might indicate fraud.  Also, sometimes fraudsters do surprisingly dumb stuff, like use the card to buy something online and mail it to themselves.  So it's not correct to say that there is \"\"zero risk of getting caught\"\".  With both stripe and chip cards, you can catch the person by tracking them via their usage of the card. The biggest security risk with the new cards is that many vendors don't actually require use of the chip at all -- they still let you swipe.  However, with changes to credit card liability policies, this is a risk for the vendors, not for you.\""}
{"_id": "153741", "title": "", "text": "I agree about the cheeses, they have a good selection of cheeses at every good prices. Usually better and cheaper than the typical Boar's Head stuff at super markets. The beer I found to be typical pricing or slightly above, usually deals are supermarkets are better."}
{"_id": "153752", "title": "", "text": "I seriously doubt that healthy attitudes are catching on on a scale that McDonald's would notice. Rather, I expect the fact that [people eat out more](http://rapidcityjournal.com/news/eating-out-more-popular-as-home-dinner-costs-rise/article_d566dd4d-1445-552a-9137-457a956b6916.html) and the profusion of fast food alternatives that come with that increase in demand are just making plain ol' McDonald's look unappetizing. I'm sure that their reputation as unhealthy isn't helping, but I don't expect that the actual diets people are eating are any better for them overall."}
{"_id": "153772", "title": "", "text": "Current state of Chicago prop shops. How bad is it really? I know El Dorado closed up, Chopper got sold, and it looks like a few are on thin ice (i won't name names) but are the big boys like Jump, DRW, or Citadel doing ok?   Volatility just been shit lately, hell there was more volatility in the '90s when I was a floor broker on the NYMEX."}
{"_id": "153779", "title": "", "text": "The best thing about bond is the lack of tie in between each movie(except for casino royale and quantum of solace). Each movie can stand on its own and be special on its own. Each movie can have its own bond, own Bond girl, an own villian.    But for Star Wars, how long can you milk a different sith lord, a new Jedi master and yadda yadda.   The first 3 Star Wars were a cult classic that turned into success.the next 3 were just a way to monetize the franchise further, everything afterwards will be garbage."}
{"_id": "153786", "title": "", "text": "That's actually pretty sad. Seems like he may have gotten tangled in with the wrong people, probably to deal with his debt, and ended up being killed for it.  Word to the wise, don't take on debt to basically launch your business. Taking on a loan AFTER you've shown your model works and you have a real (sustainable and stable) cash flow in order to grow is more acceptable.  Edit. Apparently his wife died a few years ago from breast cancer too. I think he had a lot to prove, and followed his dream in a misguided direction."}
{"_id": "153789", "title": "", "text": "\"The way they are tricking you is that they will ask you to send some of the proceeds of the check back to them, after you deposit it in your bank account. So, lets say they send you a $2000 check. You deposit it, send them $500 over western union. And then the bank pulls all $2000 out of your account (the value of the check), leaves you with a negative $500 balances and freezes your account because it took them 3 days to figure out the check was bad. You'll also be in trouble with several authorities. (Whether you send the actual fraudsters money or not) The people that \"\"enlightened you\"\" made some money. They get away with it because you don't know their name or anything, the check was written in your name, which is the main paper trail. There is no temp agency.\""}
{"_id": "153812", "title": "", "text": "\"Many Web sites and articles warn against buying former rental cars, because people renting these cars often mistreat them. Many of those are also written by unqualified individuals for publication on blog farms and encourage all sorts of odious financial practices. That's not even considering the interests of who is paying to advertise on said blogs-- I'm sure their interests align with making sure you always pay top dollar for a new car. Because those icky used ones are so mistreated! Never trust financial advice published on the internet (or in the media, for that matter). Edit: One caveat on further thought-- never, never buy used vehicles from government auctions (impounds, asset seizures, old police cars, etc). Anybody irresponsible enough to go to jail or abandon their car long enough to lose their assets likely isn't a responsible owner of such, and cops and crooks alike do absolutely beat the snot out of police cars.  When it comes to government-owned vehicles (police cars, schoolbuses) municipal governments are notoriously stingy and will squeeze every last minute of use out of them before putting them on the market. If you're buying a government vehicle, assume it's being sold because it has intractable problems. But from a financial point of view, I notice that rental agencies sell cars within the first two years, during the time when they depreciate the most. Bingo. I figure many large rental companies will have mathematicians who calculate the best time to sell. Does the fact that they sell the car mean during this time suggest that they know the car's cost of further maintenance or other costs will be higher? Or is there another reason they sell at this time which, has a calculated advantage to them, but which is less than idea statistically for me, the purchaser? It doesn't take a PhD to realize it's bad for business if your model revolves around renting out 1970s rustbuckets that run the risk of breaking down and leaving customers stranded in inopportune or dangerous places. Uhaul in particular has a terrible reputation for this, and it shows in the condition of their trucks-- relics of the 90s, all of them. Uber won't let you drive for them if your car is older than 7-10 years for the same reasons. Yes, as a car ages, the chance of having to make repairs increases. Rental agencies are in the business of renting vehicles, not running service centers and garages. It's more aligned with their core business model to just dispose of cars once they've squeezed the most reliable years out of them and amortize the vehicles' depreciation across the tax deductions and fleet pricing they enjoy when buying new ones.  This gets them out of the service game and lets them focus on their core business-- procurement and rental. There's no calculated \"\"time-to-lemon\"\" that they're trying to skirt here; they're just trying to avoid having to make any repairs whatsoever.\""}
{"_id": "153827", "title": "", "text": "If you install restaurant patio misting from a leading company, then you can ensure that you customers have a better time when eating outside. These systems not only help provide a cooler environment but even keep a check on dust and insects."}
{"_id": "153842", "title": "", "text": "I got a Desire HD, and the only thing i can compain about is the battery, dies in no time at all.  Its ruged like hell tho, the aluminium shell has prevented the screen from cracking atleast 3-4 times for me."}
{"_id": "153848", "title": "", "text": "Here's an idea Microsoft,      Take the 10 to 15 thousand dollars that you were going to pay just for the H1-B Visas, and develop a training program where you accept anyone with a Master's Degree in anything (just as proof they can learn), and redevelop your own workforce in a training environment. Make the commitment from the workers 3-5 years and make the pay less than an average starting engineer/whatever you need. After the 3-5 years, they have the option of staying or going and you better make the package more attractive to keep them if you want them to stay. Simple as a pimple, doesn't need foreign workers or politics and actually creates more customers since it's very unlikely any of the citizen workers will be sending money home to foreign families remaining in country."}
{"_id": "153863", "title": "", "text": "**Rule of law**  The rule of law is the legal principle that law should govern a nation, as opposed to being governed by decisions of individual government officials. It primarily refers to the influence and authority of law within society, particularly as a constraint upon behaviour, including behaviour of government officials. The phrase can be traced back to 16th century Britain, and in the following century the Scottish theologian Samuel Rutherford used the phrase in his argument against the divine right of kings. John Locke wrote that freedom in society means being subject only to laws made by a legislature that apply to everyone, with a person being otherwise free from both governmental and private restrictions upon liberty.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "153882", "title": "", "text": "I'm not one to hype the importance of college as most of it is total bullshit, but I've honestly learned so much in my masters in IT that I couldn't fathom being in a position like that without some sort of formal schooling."}
{"_id": "153884", "title": "", "text": "I listen to the JRE frequently (also Schiff's podcast).  Peter Schiff is a gold bug so he's going to have some biases there and against crypto. He does have some very interesting things to say and I like the guy (I'm very familiar with him), but at the end of the day, he's a salesman. BTW, I'm diversified into physical metals myself, hold as a hedge against the dollar.  Crypto/cashless is where things are going, but I think that's still a ways off.  It's way too volatile right now to be used as money, it's filled with speculators hoping to make some easy money. Governments will want to track every transaction so they can tax it. Plus, if you can't take your money out (i.e., cash), they can easily take rates negative, and negative rates are already a reality abroad."}
{"_id": "153886", "title": "", "text": "Scale Manager provides the best water conditioner product in the world.  As a chemical-free Hard water descaler for commercial, industrial and residential applications, Magnation guarantees reduced. This action inhibits the minerals from bonding into the larger water molecules which cause scale buildup. Although, the mineral elements are held in postponement and repel each other, which stopped the process of calcification. Depending on the hardness of your water, this may need to be done once a week."}
{"_id": "153922", "title": "", "text": "\"http://annualcreditreport.com gives you free access to your 3 credit bureau records. (Annual, not \"\"free\"\". The \"\"free\"\" guys will try to sell you something.)\""}
{"_id": "153926", "title": "", "text": "Not for or against Trump but that would make sense.  It\u2019s a lot easier for growth as the economy ramps out of a recession back to pre-recession levels.  Once that point has been reached things should begin to slow down."}
{"_id": "153945", "title": "", "text": "\"Hike is currently not earning but actually investing it into the app to achieve goals of their long term strategy. Their motive is to make hike #1 messenging app and until that it \"\"WILL REMAIN FREE\"\" but once they achieve that, then like WhatsApp, developers will make hike paid too or atleast you have to pay a small price to use hike. Imagine if hike would have been a paid app or you would have to pay money immediately after yor download hike. Would you have paid the money when you had better alternatives or had no friends on hike? Whatsapp earns money by charging people who use WhatsApp services.\""}
{"_id": "153955", "title": "", "text": "What would be the best way to estimate / calculate the basis risk exposure of a commodity trading company? Naturally companies are very cagey when it comes to such info, but is there a way to come up with an approximate number?"}
{"_id": "153961", "title": "", "text": "Insurance, incorporation, marketing, related fees, licenses, and maintenance would all cost way more than you likely paid for that thing.   It seems like a *really* low valued investment in infrastructure/resources for the amount of annual investment you'd need to keep things running."}
{"_id": "153968", "title": "", "text": "\"As an investment opportunity: NO. As a friendly assist with money you don't mind ever getting back, legal depending on amount. A few years back I was in the housing market myself and researching interest rates and mortgages.  For one property I was very interested in, I would need about $4K extra in liquid cash to complete the down-payment.  A pair of options I saw were a \"\"combo loan\"\" 15yr 4% interest for the house, 1yr 8% interest for the $4K.  Alternately, the \"\"bank of mom and dad\"\" could offer the 4K loan for a much lower rate. The giftable limit where reporting is not required was $12,000 at the time I did the review.  IRS requires personal loans to be counted as having interest at the commercial rate.  Thus an interest free loan of $10K with commercial interest rate of 1% (for easy math) would be counted as a gift of $10,100 for that calendar year. Disclaimer: Ultimately, I did not use this approach and did not have it subjected to a legal review.\""}
{"_id": "153973", "title": "", "text": "It seems that any news article headline that includes a dollar amount or a percentage is click bait. In the best cases they're sensationalizing a mundane study. In the worst cases the study is as flawed as the headline. In either case the liberal arts major has their revenge on the world."}
{"_id": "153979", "title": "", "text": "\"I agree with you about automation making this an AH FUCK YEAH for most busy household \"\"managers.\"\" As the person in charge of purchasing all household essentials, I can pretty much tell you *to the day* when I will need to restock pantry essentials like Olive Oil, Salt, etc. Not to mention things like toilet paper &amp; shampoo.   I'm really curious to see how Blue Apron evolves over time. I've used them before and am generally not impressed with their recipes - they lack creativity and generally aren't all that great. Now, if I wasn't an avid cook, was just moving out on my own, and had generally no idea what to cook for myself, I think it'd be great . . . but then again I didn't have that kind of disposable income when I was at that stage in my life.\""}
{"_id": "153989", "title": "", "text": "\"Diversification tends to protect you from big losses. But it also tends to \"\"protect\"\" you from big gains. In any industry, some companies provide good products and services and prosper while others have problems and fail. (Or maybe the winners are just lucky or they paid off the right politicians, whatever, not the point here.) If you put all your money in one stock and they do well, you could make a bundle. But if you pick a loser, you could lose your entire investment. If you buy a little stock in each of many companies, then some will go up and some will go down, and your returns will be an average of how everyone in the industry is doing. Suppose I offered to bet you a large sum of money that if I roll a die, it will come up 6. You might be reluctant to take that bet, because you can't predict what number will come up on one roll of a die. But suppose I offered to bet you a large sum of money that a die will come up 6, 100 times in a row. You might well take that bet, because the chance that it will turn up 6 time after time after time is very low. You reduce risk by spreading your bets. Anyone who's bought stock has surely had times when he said, \"\"Oh man! If only I'd bought X ten years ago I'd be a millionaire now!\"\" But quite a few have also said, \"\"If only I'd sold X ten years ago I wouldn't have lost all this money!\"\"  I recently bought a stock a stock that within a few months rose to 10 times what I paid for it ... and then a few months later the company went bankrupt and the stock was worth nothing. I knew the company was on a roller coaster when I bought the stock, I was gambling that they'd pull through and I'd make money. I guessed wrong. Fortunately I gambled an amount that I was willing to lose.\""}
{"_id": "154008", "title": "", "text": "\"IN 1986, the NCAA decided Southern Methodist deserved the harshest penalty ever given to an athletic program.  It was decided that they not only committed violations, but they committed the same violations that they were currently in trouble for.  SMU recieved \"\"the death penalty.\"\"  They were not allowed to play football for one year, not allowed to have home games for another year, extensive probation, limited staff, and not allowed to recruit.  I think Wells Fargo needs the death penalty.  Every branch needs to close for 1 year (except for account transfers), every ATM needs to close for 2, extensive probation, limit the number of executive-level positions to half the previous number, and they are not allowed to advertise hiring or recruit for a year.\""}
{"_id": "154014", "title": "", "text": "\"It's not really my field, but I believe it's all the information that doesn't change (i.e. isn't \"\"real-time\"\") about the business of hedge funds.  For example, this site quotes: The product maintains comprehensive static data records including assets,       depositories, accounts, settlement instructions and a wide range of       supporting data...\""}
{"_id": "154024", "title": "", "text": "Sherif El-Refai enrolled in the University Of Florida Hough Graduate School Of Business, where he plans to earn his Master of Business Administration. His course load concentrates on marketing and global management and competitive strategy. He also maintains membership in the American Society of Health-System Pharmacists."}
{"_id": "154038", "title": "", "text": "Do not obsess about doing too much, do not tire if you do little, you have to learn to recognize the sensations of your new thin body, to know that weight loss diet fill you with energy without gaining kilos or the other way around, that foods fill you with kilos without gaining Energy. It is a moment of change. Get out of your comfort zone, explore the world of food and physical activity, and make yourself a smaller, nicer place, you're going to become a new person."}
{"_id": "154043", "title": "", "text": "\"When Google's AI is sophisticated enough \"\"read\"\" images to match search queries, there's going to be a lot of opportunity for new types of ad revenue. They're already using this technology in their translation app. Traditional SEO would be disrupted.\""}
{"_id": "154045", "title": "", "text": "Using the highest quality materials and state of the art technology we offer quality finish. Our highly experienced technicians can meet any demand and complete the job in no time. With our reasonable pricing and fast turnaround, we provide a very cost effective service."}
{"_id": "154107", "title": "", "text": "\"Hulu being part of NBC makes it really confusing why it was only 2 days ago when Community finally went from being \"\"past 5 eps, web only\"\" to \"\"all eps, devices OK with hulu plus\"\". It's in the middle of its third season!\""}
{"_id": "154113", "title": "", "text": "I don't know what you program during the day, but you could always try your hand a programming for iPhone, Android or Blackberry.  Just spend an hour or two a night on a simple but useful application.  Find something that matches a hobby interest of yours and come up with an app that would be beneficial to people of that hobby."}
{"_id": "154144", "title": "", "text": "Get your friend to send over some samples. Find out who your customer going to be? Make a list of coffee companies and contact their purchasing departments. They will probably ask for a sample. Then when they agree to buy some from you, ship them over from Guatemala."}
{"_id": "154154", "title": "", "text": "I work in consulting and Risk Management. Most of the top IBs in US are our clients.  Risk Management is a very broad field. You need a solid understanding of Statistics, Stochastic Calculus, Pricing, Regulations and some accounting as well.  This area of finance is very quantitative and its becoming more quantitative almost every day. With that being said there are some niche fields in here like model governance, enterprise risk, strategic risk, regulations, process and controls which are not quantitative.  Work load is crazy. I think almost everyone in our group works 10-12 hour days, with some people working 16 hour days on average. This isn't twiddle your thumbs at your desk either, I mean your head buried in your monitor or trying to understand a paper work. At the banks the work load is usually but not always a less."}
{"_id": "154163", "title": "", "text": "&gt; ... Illegal activity  I don't know about that. All I can do is give you my general experience from working with a large, healthy company. If he had been turned away by management, and then by HR, and THEN corporate legal, perhaps he should've sought personal legal counsel.   Instead, he chose to write this post and share it openly within the company, resulting in it being shared publicly whole the company is being investigated regarding pay fair. If nothing else, it's just bad timing. Nobody should be overly surprised that they terminated him for this."}
{"_id": "154169", "title": "", "text": "No, it's more like going to a trendy foodie place where they give you a tiny portion on a decorative platter with a fancy name and sure the ambience plus service helps make it taste better but at the end of the day it's still a piece of fish with some sauce on it."}
{"_id": "154177", "title": "", "text": "\"Their analysts are actually pretty bright. Remember, they downgraded Facebook before the IPO. However, it doesn't stop the sheep from buying the stock. It's just like those subprime mortgages that pretty much said \"\"THIS IS CRAP\"\" all over the prospectus, and people still brought it.\""}
{"_id": "154178", "title": "", "text": "Having money held from one paycheck hardly counts as being covered by a retirement plan in my book! It's not your book that counts, it's the Congress' book called the Internal Revenue Code. No, you cannot rescind a contribution after the fact. Maybe during the year you can do something with employer balancing it out, but not after the year is closed. (That, by the way, is different for IRAs where you can actually do re-characterization until the tax day of the next year)"}
{"_id": "154180", "title": "", "text": "Can you afford to replace it? What does that mean?  Even if insuring means overpaying, it does spread the risk.  NB: This example is not about the Applecare program, which I think is a waste of money for many people. Others have explained very well if it would work for you or not.  I have a Macbook but no Applecare. I have an expensive smartphone with insurance for dropping and water damage, but not theft. After one year I cancel this insurance. I don't have $200K in my bank account."}
{"_id": "154181", "title": "", "text": "Why won't anyone just answer the original question? The question was not about opportunity cost or flexibility or family expenses. There are no right answers to any of those things and they all depend on individual circumstances. I believe the answer to the question of whether paying off a 30-year mortgage in 15 years would cost the same amount as a 15-year mortgage of the same interest rate is yes but ONLY if you pay it off on the exact same schedule as your supposed 15-year. In reality, the answer is NO for two reasons: the amortization schedule; and the fact that the 30-year will always have a higher interest rate than the 15-year. The way mortgages are amortized, the interest is paid first, essentially. For most people the majority of the monthly payment is interest for the first half of the loan's life. This is good for most people because, in reality, most mortgages only last a couple years after which people refinance or move and for those first couple years the majority of one's housing costs (interest) are tax deductible. It is arguable whether perpetuating this for one's entire life is wise... but that's the reality of most mortgages. So, unless you pay off your 30-year on the exact same amortization schedule of your theoretical 15-year, you will pay more in interest. A common strategy people pursue is paying an extra monthly payment (or more) each year. By the time you get around to chipping away at your principal in that way, you will already have paid a lot more interest than you would have on a 15-year. And, really, if you can afford to substantially pay down principal in the first year or two of your mortgage, you probably should've borrowed less money to begin with. In theory, IF the rates were the same (they're not) and IF you paid the 30 off every month in the EXACT same way as you would've paid a 15 (you won't) you will pay the same amount in the end. You have to decide if the flexibility is worth more to you than the cost savings.  For example: a 300k mortgage at 3.5% will have a monthly payment of ~$2150 for a 15-year and ~$1350 for a 30-year, both will start with ~$875/month of that being in interest (gradually declining with time). What I think most people undervalue is the freedom and peace of mind that comes with a paid off or nearly paid off home... and 15 years is a lot more tangible than 30, plus a lot cheaper over all. If you can afford a 15-year mortgage without putting too much stress on your budget, it is definitely the better option for financial security.  And be careful of the index fund opportunity cost advice. On average it may be a good idea when you look at the very long run, historically, but a lot of people get less than average returns depending on when they buy and what the market does in the short run. There is no certainty around what returns you will get from the stock market, but if you have a 30-year mortgage there is a lot of certainty around what you will owe every month for the next 30-years. Different mixes of investments make sense for different people, and most people would be wise to get some exposure to the stock market for its returns and liquidity. However, if someone's goal is borrowing more money for their house in order to invest more money in the stock market for their retirement, they would actually be better served in achieving security and independence 15 years sooner."}
{"_id": "154193", "title": "", "text": "Oh, so the government requests it, incurring a debt, and our taxes go towards paying off that debt?  So our taxes are paying for the work that gets done?  Just like I said?  Who knew!  You worked really hard to try to obfuscate that!  Big business is totally doing the work out of the kindness of their heart, and not for the money the government is paying them.  They are so altruistic and amazing! /s"}
{"_id": "154229", "title": "", "text": "\"In this environment, I don't think that it is advisable to buy a broad emerging market fund.  Why? \"\"Emerging market\"\" is too broad... Look at the top 10 holdings of the fund... You're exposed to Russia & Brazil (oil driven), Chinese and Latin American banks and Asian electronics manufacturing. Those are sectors that don't correlate, in economies that are unstable -- a recipie for trouble unless you think that the global economy is heading way up. I would recommend focusing on the sectors that you are interested in (ie oil, electronics, etc) via a low cost vehicle like an index ETF or invest using a actively managed emerging markets fund with a strategy that you understand.  Don't invest a dime unless you understand what you are getting into. An index fund is just sorting companies by market cap. But... What does market cap mean when you are buying a Chinese bank?\""}
{"_id": "154236", "title": "", "text": "Mathematically speaking there would be a point where the  expected value  EV of purchasing every possible ticket would be favorable but only if you take in account both the jackpot payout and the lesser payouts of all the wining tickets  however practically speaking since the powerball has a liability payout limit which means they dont have to pay out more money than they took in you cant beat the house ( or the government)"}
{"_id": "154237", "title": "", "text": "Hindsight is 20/20, but I offer some suggestions for how this might have gone down. If you had told the bank what was going on they might have extended the terms of your loan until the truck was ready. Alternatively you might have taken the loan (was it secured on the truck?) and put the money in a savings account until the truck showed up, while asking the dealer to pay the interest on it until the truck showed up. Or you might asked the dealer to supply you with a rental truck until yours showed up. I'm not saying I would have thought of these under the circumstances, but worth trying."}
{"_id": "154257", "title": "", "text": "What a pointless list!  It's ranked by total short interest outstanding.  That's completely meaningless.  For instance, a $1 billion company with $1 billion in shorts (meaning the market thinks it's bankrupt) would be ranked much better than a $100 billion company with $1.1 billion in short interest.  tl;dr:  pure and utter bullshit"}
{"_id": "154266", "title": "", "text": "I would contribute this money to the deposit, but wouldn\u2019t pay anything else-more, and want to know if they do the house up, and it increases in value how does my share gets worked out if I want it out in about l0 years? This can be simple; You have contributed 9K out of 260 K. You own Approx. 3.4% of equity in the house. Whenever this gets sold, you will get back 3.4%. Now the real trick comes in, if the house is not being sold, ie your Sister would continue using it, and you want out, then one would need to decide the fair market value. You could agree to consult some lists or agree of the fair value based on sale price of similar properties in the area. This is where it normally gets difficult and can cause disputes. we do not have much money for solicitors / lawyers, and we don't really really need them It is advisable to get a lawyer as one doesn't know what happens 10 years in future, things may go wrong between you and your sister, or your sister is no more and her fianc\u00e9  may not honor the agreement you have. There are other considerations;   It would be advisable you have your name on the property. It would help from Tax point of view in future. If you are not having your name on the property, then the money you are giving would be loan or gift and needs to have the right paper work If its a gift you can't have it back. Your sister would have to make a gift back to you later whenever you want out. So it can really be complicated and it would be worth the money you spend on lawyer"}
{"_id": "154326", "title": "", "text": "I think this piece would be great with some direction and editing.  The idea of JOINING a start up can be considered a long con. You are not working for yourself nor a cause you created or developed. The pay is very low, the hours are long and the promise of equity might either never be there (Remember Zynga taking back equity?), be poorly constructed (Pay-in options are just like equity right? Right guys?) or worse, might be worthless through no fault of your own.  Where will you be if either happens? The idea that you stuck around with a company for 3-6 years in order to maximize your equity value is not only limiting, it can be career damaging. 20 year olds should be trying different careers and gaining a sea of experience. Go out and build up that all important network isn't going to happen in one place."}
{"_id": "154366", "title": "", "text": "\"I agree....  Do these people realize.... if talents can't come here, in the long run, companies can just set up office off shore and just IMPORT.  Then I bet people would say \"\"why don't we have massive import tax and go back to 1900?\"\"  Then I would check this isn't r/socialist first and respond \"\"I won't explain basic macroeconomics in a business sub, but check out how Argentina faired due to Protectionism. \"\"  This is basic.......,\""}
{"_id": "154368", "title": "", "text": "\"Bank of America exists at this moment because the US taxpayers gave it billions (Billions with a B) to save it in the 2008 crash. And they are part of the financial sector's successful lobbying against doing anything major to prevent another \"\"to big to fail\"\" situation, and are working hard to weaken the few protections put in place after 2008.  Which means they are still too big to fail and the economy is still on the same rickety roller coaster it was a decade ago. Another crash is gonna happen, and BofA and the rest of them will have their hands out again.  Put it in escrow for when the next bailout comes.\""}
{"_id": "154373", "title": "", "text": "The difference is the time when they are released and how much revenue they have recouped at that point.  The Shaw Cable PPV movie is likely to be even newer than the itunes HD movies which cost $4.99 or $5.99."}
{"_id": "154406", "title": "", "text": "Dude go the dermatology route. Basically a standard 9-5 and starting at $250k in the Midwest (more on the coasts.)  IB is hell, and also 80 hours a week, at least it was on the M&amp;A side.   It sounds like you're just picking these options for the money, and no real passion for any of it. You're not going to like what you do if you're just doing it solely for a great paycheck."}
{"_id": "154417", "title": "", "text": "XE.com will do an ACH transfer for no fee, and they'll give you a better exchange rate than your bank.  I use them for converting CAD/USD."}
{"_id": "154444", "title": "", "text": "\"&gt;is this going to turn into one of those oh-so-common cases where you demand an example, and then when I actually give you an example, you will just say \"\"lol that doesn't count for such and such reasons, give me another\"\" and we end up in an endless loop where you keep just moving the goalposts?  \\  &gt;You know that your opinion is based on a fairytale that has never successfully coalesced in over 10,000 years of human existence in any kind of size *to be meaningful*. We have literally millennia of different forms of government that we can pick through and learn from. And yet anarchy hasn't made it through any timeframe *in anything but* statistically insignificant small and short lived societies. You had to *reach back to medieval times* just to find one single relevant example  oh well. I gave it a shot.\""}
{"_id": "154449", "title": "", "text": "In all likelihood, the best thing you can do, if these really are your only two options (ie no other debt at all), paying-down your mortgage will shorten the term of the mortgage, and mean you spend less on your house in the long run. Investing is should be a long-term activity - so yes, the likelihood is that, given a modest investment, it will gain at historical averages over the life of the investment vehicle. However, that is not a guarantee, and is an inherent risk. Whereas paying-down a mortgage lowers your financial obligations and risk, investing increases your risk. I want to know how you got a 2.1% interest rate on a mortgage, though - the lowest I've seen anywhere is 3.25%."}
{"_id": "154450", "title": "", "text": "There isn't a single hard and fast return to expect. Securities, like all things in a free market, compete for your money. As the Fed sets the tone for the market with their overnight Fed funds rate, you might want to use a multiple of the 'benchmark' 10-year T-note yeald. So let's suppose that a good multiple is four. The current yeald on the 10-year T-note is hovering around two. That would give a target yeald of eight.  http://stockcharts.com/h-sc/ui?s=%24UST10Y&p=W&b=5&g=0&id=p47115669808"}
{"_id": "154470", "title": "", "text": "We've found a great idea for a bachelorette party in greatest West Palm Beach Escape Rooms, we can make rememberable and unique your party which has been added to your bachelorette itinerary. If anyone in your party has special tools or questions to activity level for each room. The bachelorette parties west palm beach set in a gorgeous  nightclub, our hostesses will lead your friends with an amazing party service. This game is the brain based puzzle, each group in the game allowed to ask hints to play.  A maximum number of the escape room is described in the instructions of the game."}
{"_id": "154485", "title": "", "text": "I was having issues with transferring money from my UK bank (HSBC) to my paypal... HSBC was asking for an IBAN code to complete the transaction. I couldn't find an IBAN code listed anywhere on my Paypal acct. What finally solved it for me was when I entered the last 4 digits of the Paypal account number, HSBC then threw up a message saying that payee was listed in my payees and to do a search for payees. (I had never manually entered my Paypal as a payee, but it was there in a huge list of companies already known and listed by HSBC.) Then all I had to do was put in the reference number Paypal had given and the amount. It was in my paypal account within minutes.  Hope this helps :)"}
{"_id": "154508", "title": "", "text": "You have a comparatively small sum to invest, and since you're presumably expecting to go to college.university soon, where you may well need the money, you also have a short timescale for your investment. I don't think anything stock-related would be good for you -- you need a longer timescale for stock market investments, at least five years and preferably ten or more. I don't know the details of Australian savings, but I'd suggest just finding a bank that is giving a good interest rate for a one-year fixed-term savings account."}
{"_id": "154525", "title": "", "text": "You would have to compare your backtesting to what you will be doing in real trading, and try to have the backtesting as close to your real trading as possible. Note: you may never get the backtesting to match your real trading exactly but you need to get as close as possible. The whole purpose of backtesting is to check if your trading strategies - your signals, entries and exits, and your stops - are profitable over various market conditions. As you would be using actual closes to do your real trading you should be using this to also do your backtesting. Rather than using adjusted data to get an idea of your total return from your backtesting, you can always add the value of the dividends and other corporate actions to the results from using the actual data. You may even find a way to add any dividends and other corporate action to your results automatically, i.e. any dividend amount added to your total return if the stock is held during the ex-dividend date. If you are using adjusted data in your backtesting this may affect any stops you have placed, i.e. it may cause your stop to be triggered earlier or later than in real trading. So you will need to determine how you will treat your stops in real trading.  Will you adjust them when there is corporate action such as dividends?  Or will you leave them constant until actual prices have gone up? If you will be leaving your stops constant then you should definitely be using actual data in your backtesting to better match your real trading."}
{"_id": "154526", "title": "", "text": "Modular Kitchen in Udaipur http://kitchensdot.com/   Modular kitchen consists of several modules or units so it is named as modular kitchen. Modular kitchen enhances the beauty and functionality of your kitchen. Kitchens dot com is customer oriented organization. We are known for high quality array of modular kitchens. Our offered variety is highly applauded for its captivating look, high longevity, ideal strength and termite resistance features."}
{"_id": "154537", "title": "", "text": "Jimmy Group cung c\u1ea5p nh\u1eefng d\u1ecbch v\u1ee5 h\u1ed7 tr\u1ee3 \u0110\u1ea7u T\u01b0 t\u1ed1t nh\u1ea5t \u0111\u1ebfn c\u1ed9ng \u0111\u1ed3ng  1-     Nh\u1eadn \u1ee6y th\u00e1c \u0111\u1ea7u t\u01b0 V\u00e0ng T\u00e0i Kho\u1ea3n  2-     Cung c\u1ea5p chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 h\u00e0ng ng\u00e0y v\u00e0 chi\u1ebfn l\u01b0\u1ee3c VIP  3-     R\u1ee1 r\u1ed1i trong giao d\u1ecbch  4-     T\u01b0 v\u1ea5n \u0111\u1ea7u t\u01b0 V\u00e0ng V\u1eadt Ch\u1ea5t  5-     Qu\u1ea3n l\u00fd V\u1ed1n \u0111\u1ea7u t\u01b0 Ch\u1ee9ng Kho\u00e1n  6-     Gi\u1edbi thi\u1ec7u Doanh Nghi\u1ec7p b\u1eb1ng vi\u1ec7c gi\u1edbi thi\u1ec7u li\u00ean k\u1ebft Nh\u00e0 t\u00e0i tr\u1ee3 v\u00e0 vi\u1ebft b\u00e0i v\u1ec1 Nh\u00e0 t\u00e0i tr\u1ee3  7-     T\u1ed5 ch\u1ee9c nh\u1eefng bu\u1ed5i chia s\u1ebd H\u1ec7 th\u1ed1ng giao d\u1ecbch v\u00e0 kinh nghi\u1ec7m giao d\u1ecbch c\u1ee7a Jimmy Group  V\u1edbi ngu\u1ed3n th\u00f4ng tin S\u1ea0CH trong \u0111\u1ea7u t\u01b0, Jimmy Group s\u1ebd \u0111em l\u1ea1i nhi\u1ec1u th\u00f4ng tin b\u1ed5 \u00edch cho C\u1ed9ng \u0111\u1ed3ng v\u00ec m\u1ee5c ti\u00eau Gi\u1ea3m r\u1ee7i ro \u2013 T\u0103ng l\u1ee3i nhu\u1eadn."}
{"_id": "154542", "title": "", "text": "&gt;Can't be that much more sustainable, isn't China also building ghost cities at break neck speeds here?  Most ghost cities fill up eventually. There are some major fuckups, but that's always been the case with urbanization, and China still has a shitton of peasants tied to the land its trying to slowly get into the cities. Cf many other urbanization processes which resulted in huge numbers of people living in hastily built structures unsuitable for human health, and then dying in a fire / plague."}
{"_id": "154552", "title": "", "text": "\"If I had to take sides, I'd think that it would be better to be able to divide up the entirety of your savings into big \"\"buckets,\"\" as others are saying in their answers -- if not in physically accounts, then at least conceptually. Let's say you're 45 years old and have $350,000 in various accounts.  I would argue that you should at the very least know this level of detail: So, if you get in a really, really bad snowmobile accident that costs $100,000, you know, at least conceptually, that: Now, you're in a better position to revise your goals.  Maybe you decide that real estate isn't \"\"all that\"\" and you allocate the entire shortfall to that item, and reallocate it to start the first Snowmobile Safety Program in the country. So now it looks like this: But had you not compartmentalized the funds to begin with, you wouldn't have known where you stood.\""}
{"_id": "154559", "title": "", "text": "I've used yahoo to perform the exercise you're asking about. It allows you to download price data, month end if you wish, and by manipulating via a spreadsheet to add a column for purchases, you can easily see how your \u00a3100/mo would end after so long a time period."}
{"_id": "154564", "title": "", "text": "&gt;I agree. That's why I require that my employees sleep at the office so they don't waste time driving back and forth. Much more efficient. Sadly, the Department of Labor disagrees, so its a no go until the lawsuit gets resolved. Goddamn guvermint regulation getting in the way of us job creators.  Quite the straw man there. There's a vast gap between efficiently using your employees  and virtual slavery, and you went for the slavery side. Which is a silly argument, unless you're accusing 3G or Kraft/Heinz of slavery.  &gt;cough http://www.cbc.ca/news/business/tim-hortons-class-action-1.4167739 cough.  So first of all, that has nothing to do with unrest about the product or values. This is a dispute between franchisees and corporate, not between customers and the chain. Second, your link is about a lawsuit that's just starting and currently unproven. Third, it alleges that the parent company is not using the advertisement fund properly, which not only has nothing to do with the product/values, but also seems like an incredibly difficult thing to prove - how would the franchisees even know how much TH's is spending on advertising?   Your link doesn't even attempt to address any point I made. It's just an article about Tim Horton's and a specific group of people being angry. It mentions nothing about customers. It mentions nothing about product quality. In fact, the only relevant piece of information to the discussion at hand is that product prices have gone up, but restaurant prices have stayed the same, which would suggest that the customer is getting a better deal!"}
{"_id": "154610", "title": "", "text": "\"&gt; What is a \"\"YouTube prank channel\"\"?  Late teens to early 20 something assholes, filming themselves being assholes, and while their buddy laughs behind camera.  They call it a prank or social experiment.  It's as dumb as you think it is.\""}
{"_id": "154611", "title": "", "text": "\"In layman's terms, oil on the commodities market has a \"\"spot price\"\" and a \"\"future price\"\". The spot price is what the last guy paid to buy a barrel of oil right now (and thus a pretty good indicator of what you'll have to pay). The futures price is what the last guy paid for a \"\"futures contract\"\", where they agreed to buy a barrel of oil for $X at some point in the future. Futures contracts are a form of hedging; a futures contract is usually sold at a price somewhere between the current spot price and the true expected future spot price; the buyer saves money versus paying the spot price, while the seller still makes a profit. But, the buyer of a futures contract is basically betting that the spot price as of delivery will be higher, while the seller is betting it will be lower. Futures contracts are available for a wide variety of acceptable future dates, and form a curve when plotted on a graph that will trend in one direction or the other. Now, as Chad said, oil companies basically get their cut no matter what. Oil stocks are generally a good long-term bet. As far as the best short-term time to buy in to an oil stock, look for very short windows when the spot and near-future price of gasoline is trending downward but oil is still on the uptick. During those times, the oil companies are paying their existing (high) contracts for oil, but when the spot price is low it affects futures prices, which will affect the oil companies' margins. Day traders will see that, squawk \"\"the sky is falling\"\" and sell off, driving the price down temporarily. That's when you buy in. Pretty much the only other time an oil stock is a guaranteed win is when the entire market takes a swan dive and then bottoms out. Oil has such a built-in demand, for the foreseeable future, that regardless of how bad it gets you WILL make money on an oil stock. So, when the entire market's in a panic and everyone's heading for gold, T-debt etc, buy the major oil stocks across the spectrum. Even if one stock tanks, chances are really good that another company will see that and offer a buyout, jacking the bought company's stock (which you then sell and reinvest the cash into the buying company, which will have taken a hit on the news due to the huge drop in working capital). Of course, the one thing to watch for in the headlines is any news that renewables have become much more attractive than oil. You wait; in the next few decades some enterprising individual will invent a super-efficient solar cell that provides all the power a real, practical car will ever need, and that is simultaneously integrated into wind farms making oil/gas plants passe. When that happens oil will be a thing of the past.\""}
{"_id": "154650", "title": "", "text": "Very interesting article, thanks for posting. It's going to get really interesting really fast if investors force governments to raise taxes to pay investors, regardless of who's 'right' in the situation.   On a related note, I read awhile back that many US cities have sold the rights to various public areas to foreigners. For example, I believe Chicago sold the rights to collect parking fees along certain streets for 75 years to a company in the Middle East. Some cities then found that if they wanted to have a parade down that street, they had to compensate the company that owned the parking rights because they wouldn't collect any revenue the day of the parade.   I can't see how this ends well for the US economy."}
{"_id": "154665", "title": "", "text": "Opened Long - is when you open a long position. Long means that you buy to open the position, so you are trying to profit as the price rises. So if you were closing a long position you would sell it. Closed Short - is when you close out a short position. Short means that you sell to open and buy back to close. With a short position you are trying to profit as the price falls. Scaled Out - means you get out of a position in increments as the price climbs (for long positions). Scaled In - means you set a target price and then invest in increments as the stock falls below that price (for long positions)."}
{"_id": "154667", "title": "", "text": "Generally bank transfers are not in themselves liable for tax. However making profit generally is taxed either as income, capital gains or some combination of the two. It seems that in the UK cryptocurrencies are being treated like other currencies for tax purposes and that trading profits/losses may count as either income or capital gains depending on the circumstances. https://www.gov.uk/government/publications/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies However I do not know how to unravel whether particular trading activity would count as income or capital gains. I would suggest gathering as much information as possible and then discussing this with an accountant."}
{"_id": "154678", "title": "", "text": "No. At least not in my case. Without divulging too much information. I don't tell any of my distributors how to sell my company's products our engage their customer base, but due to the nature of my business, I am frequently called on for product selection, marketing, quality, etc. Distributors often utilize their account reps and managers to help them push products on their customer base. The only way this could be seen as truthful, in my opion, is direct retail distribution. Because how are you going to track the product after it has been purchased by a consumer."}
{"_id": "154681", "title": "", "text": "She should call 211. This is exactly how they help. The 2-1-1 service is run by the United Way, a nonprofit organization. The 2-1-1 service strives to be a clearinghouse for services within a local area."}
{"_id": "154694", "title": "", "text": "You should seek professional advice from an accountant."}
{"_id": "154697", "title": "", "text": "\"Marketing is much more than ad placement. It encompasses everything - product price, design, how it feels in your hand, how it tastes, where you buy it, what you think when you think of a product in your mind.   Imagine something when you read the word \"\"soda\"\" - what comes to mind? Does it have a design? Color? A name? A label? Can you imagine the taste?  Unless you live in a self sufficient commune, you are influenced by marketing to some degree.\""}
{"_id": "154699", "title": "", "text": "\"If you have trouble with the USA then you might also consider an account in Singapore.  They're also better about international situations than the USA.  They also have a reputation for \"\"slapping down\"\" on corruption.\""}
{"_id": "154707", "title": "", "text": "\"Your return from a bond fund corresponds to the return on the underlying bonds (minus fees) during your holding period. So you can buy AND sell at any time. Some funds charge a penalty of 2% or whatever if you sell your fund shares within 30 or 60 days of buying it. There are two basic ways to profit from a bond fund. 1) you get dividends from the interest paid on the bonds. 2) you have a capital gain (or loss) on the bonds themselves. 1) is likely to happen. MOST (not all) bonds pay interest on time, and on a regular basis. This component of returns is ALMOST guaranteed. 2) There are no guarantees on what the \"\"market\"\" will pay for bonds at any given time, so this component of bonds is NOT AT ALL guaranteed. Your \"\"total return is the sum of 1) and 2) (minus fees). Since 2) is uncertain, your \"\"total return\"\" is uncertain.\""}
{"_id": "154714", "title": "", "text": "The first thing you need to do is to set yourself a budget. Total all your money coming in (from jobs, allowances, etc.) and all your money going out (including rent, utilities, loan repayments, food, other essential and the luxuries).  If your money coming in is more than your money going out, then you are onto a positive start. If on the other hand your money going out is more than the money coming in, then you are at the beginning of big trouble. You will have to do at least one of 2 things, either increase your income or reduce your expenses or both. You will have to go through all your expenses (money going out) and cut back on the luxuries, try to get cheaper alternatives for some of your essential, and get a second job or increase your hours at your current job. The aim is to always have more money coming in than the money you spend. The second thing to do is to pay off any outstanding debts by paying more than the minimum amounts and then have some savings goals. You said you wanted to save for a car - that is one saving goal. Another saving goal could be to set up a 6 month emergency fund (enough money in a separate account to be able to survive at least 6 months in case something happened, such as you lost your job or you suddenly got sick). Next you could look at getting a higher education so you can go out and get higher paying jobs. When you do get a higher paying job, the secret is not to spend all your extra money coming in on luxuries, you should treat yourself but do not go overboard. Increase the amounts you save and learn how to invest so you can get your savings to work harder for you. Building a sound financial future for yourself takes a lot of hard work and discipline, but once you do get started and change the way you do things you will find that it doesn't take long for things to start getting easier. The one thing you do have going for you is time; you are starting early and have time on your side."}
{"_id": "154715", "title": "", "text": "Because the normal and **perfectly effective** regulatory controls in place for the past 130 years, that allowed the states to monitor and intervene in any predatory lending, was dismantled by Bush in 2003, when he blocked all 50 state attorney generals from routinely investigating what they noticed was a sudden growth in questionable banking practices.  Not only that, when [ALL 50 state attorney generals protested](http://www.atg.wa.gov/BlogPost.aspx?id=28620), Bush used the OCC to threaten to sue any state AGs who persisted.    i.e., in 2003 Bush forcefully undid the longstanding Consumer Protection laws and castrated the state AGs, right as the state AGs were proceeding to stop the uptick in illicit bank practices, leading to the mortgage crisis a few years later. It wasn't until the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that Congress **restored** what Bush dismantled in 2003.  (for your historical reference:  OCC = office of comptroller of currency.  The OCC and the states have long had a fair and balanced dual system, set by the vast majority of past Supreme Court rulings and the National Bank Act.  Bush abolished that precedent and used the OCC to give banks the power for the first time to fight off the state regulators.)"}
{"_id": "154725", "title": "", "text": "A lower Price/Book Value means company is undervalued. It could also mean something horribly wrong. While it may look like a good deal, remember;"}
{"_id": "154741", "title": "", "text": "I've done this, though with a loan company rather than a bank.  We agreed on price, drove to the loan company's office (the seller having notified them in advance), I gave them the money, got the title, and they gave the balance to the seller.   Important point is that you get the signed-off title from the lienholder."}
{"_id": "154743", "title": "", "text": "\"This \"\"article\"\" is pretty shit, but the one point it *should* bring up is that unemployment numbers do not include previously self-employed people that are actively looking for a job.  Because I'm not on unemployment, I'm not counted as unemployed and looking for a job, even though I am. Also, unemployment benefits run out at a certain time, so the government can write off self-employed people and people who's benefits have run out. That doesn't mean that those people aren't still looking.  If you think the government doesn't cook the books in their favor... well then I have at least a century's worth of history to show you.\""}
{"_id": "154761", "title": "", "text": "&gt;I think the Fed should print $ and distribute per capita rather than do QE, which helps the rich more...  That I agree with, but I think it would be more straight forward at the moment to just increase the minimum wage first of all, and then look at printing money.  Also not all subsidies are created equal, some are good at shaping desired behavior but too often they are inefficient and to the benefit of big business and the rich which doesn't need them."}
{"_id": "154768", "title": "", "text": "This has never really adequately explained it for me, and I've tried reading up on it all over the place. For a long time I thought that in a trade, the market maker pockets the spread *for that trade*, but that's not the case.  The only sensible explanation I've found (which I'm not going to give in full...) is that the market maker will provide liquidity by buying and selling trades they have no actual view on (short or long), and if the spread is higher, that contributes directly to the amount they make over time when they open and close positions they've made.  It would be great to see a single definitive example somewhere that shows how a market maker makes money."}
{"_id": "154769", "title": "", "text": "I agree, the markets that Amazon competes in his extremely competitive with larger companies (such as Wal Mart) operating at smaller margins to increase volume. Since Amazon is continuously trying to increase its customer base and customer loyalty, they really need the low margins. The 1% increase could be harmful to the long-term growth of the company, which as the executives of Amazon explain, really matters more than higher profits this quarter.  Furthermore, 5% decrease in SGA sounds like a company that's downsizing, particularly a company that operates as efficiently as Amazon, making that suggestion unreasonable and unrealistic."}
{"_id": "154774", "title": "", "text": "For case 1, there is no tax due as you sold the book for less than your cost basis. If you had sold for more than $100, then you would have had a profit. For case 2, that depends on the value of the gift card with respect to the value of your fare. Most likely that gift card is less than the cost of the fare. And in that case it would generally be treated as a reduction in the purchase price. The same way that rebates and cash back on credit card are treated. Note if for some reason a 1099 was generated that would change the situation and you would need to consult a tax professional. Since that would indicate that the other party to the transaction had a different view of the situation."}
{"_id": "154787", "title": "", "text": "I didn't expect them to say anything in particular... I was too busy reading up on Softbank's history, strategy, spectrum holdings, devices, and partner list.  Saying the same thing twice is actually works if it is a fact."}
{"_id": "154814", "title": "", "text": "Level 2 morning paper was tough, and a few tricky moments in the afternoon, but overall they were fair, no complete blindsiders.  I battled with derivatives (apart from 2 gimmes in each paper), but I expected as much, so not too worried about that."}
{"_id": "154826", "title": "", "text": "No.  You will already have paid taxes on the gift you give to your wife, so there will be no tax savings."}
{"_id": "154829", "title": "", "text": "\"I've been listening to Dave Ramsey a lot lately, and he encourages (encourage might be too light of a word for him) this priority list for budgeting: I would strongly advise you to tackle this list before you start to think about any sizable \"\"fun\"\" spending.  If you don't have #1, set that aside first. The options you mentioned: New roof: You should ask yourself \"\"what is the potential cost of not getting a new roof?\"\" If you can save up for it a little at a time, while putting most of the rest of your money to paying off debt, that's what I would do.  Unless, of course, there is damage or risk of damage to your house by not doing it now. Then, you need to do the same measurement (of doing the roof now) against the goal of saving three to six months of expenses.  Especially in your case, with your mortgage underwater, you want to be sure you are prepared should anything happen (for example, losing a job, and potentially being forced to move for a new job). Cars/student loan: (Refer to #3 above \u2014 in other words, yes).\""}
{"_id": "154839", "title": "", "text": "Conversion of after-tax 401K into a Roth is known (on Bogleheads for instance) as a Mega Backdoor Roth IRA.  Recent tax rulings seem to allow for this kind of transfer more cleanly. After conversions, the money is treated as a normal Roth - you don't pay any taxes or penalties on contributions.  For investment earnings, the Roth IRA has the standard five-year rule: most commonly - you must hold the account for five years and be 59.5  years old (there are other criteria). Otherwise, you may pay taxes plus a 10% penalty on the earnings portion of your distribution.  There are other reasons you can withdraw early - spelled out in IRS Publication 590B Figure 2-1."}
{"_id": "154841", "title": "", "text": "The short answer, probably not much.  Unless you have a controlling interest in the company.  If at least 50%+1 of the shareholder votes are in favor of the dilution then it can be done.  There are some SEC rules that should protect against corporate looting and theft like what the Severin side is trying to make it appear as happened. However it would appear that Severin did something stupid.  He signed away all of his voting right to someone who would use them to make his rights basically worthless.  Had he kept his head in the game he could probably have saved himself.  But he didn't. If your average startup started issuing lots of stock and devaluing existing shares significantly then I would expect it would be harder to find investors willing to watch as their investment dwindled.  But if you are issuing a limited amount stock to get leverage to grow bigger then it is worth it.  In the .com bubble there were quite a few companies that just issued stock to buy other companies.  Eventually most of these companies got delisted because they diluted them selves to much when they were overvalued. Any company not just a startup can dilute its shares.  Many if not most major companies issue stock to raise capital.  This capital is then generally used to build the business further and increase the value of all shares.  Most of the time this dilution is very minor (<.1%) and has little if any impact on the stock.  There are rules that have to be followed as listed companies are regulated by the SEC.  There are less regulations with private corporations.  It looks like the dilution was combined with the buyout of the Florida company which probably contributed to the legality of the dilution.     With options they are generally issued at a set price.  This may be higher or lower than the reported sell price of the stock when the option is issued.  The idea is over time the stock will increase in value so that those people who hold on to their options can buy the stock for the price listed on the option.  I worked at an ISP start up in the 90's that made it pretty well.  I left before the options were issued but I had friends still there that were issued an option at $16 a share the value of the stock at the time of the issue of the option was about 12.  Well the company diluted the shares and used them to acquire more ISP's unfortunately this was about the time that DSL And cable internet took off so the dial up market tanked.  The value eventually fell to .10 they did a reverse split and when they did the called in all options.  The options did not have a positive cash value at any time.  Had RMI ever made it big then the options could have been worth millions.  There are some people from MS and Yahoo that were in early that made millions off of their options.  This became a popular way for startups to attract great talent paying peanuts.  They invested their time in the business hoping to strike gold.  A lot of IT people got burned so this is less popular among top talent as the primary compensation anymore."}
{"_id": "154846", "title": "", "text": "I disagree. Bankers are scum who should be redeployed to areas of the economy where they can't do any more damage. I accept the downvotes for this horribly unpopular opinion. They are part of a machine that harmed a lot of people. I could care less about their value as a worker."}
{"_id": "154849", "title": "", "text": "Never used Lyft.  Only ever had great experiences with Uber.  Almost every driver I get now for Uber has a Lyft sticker as well as Uber.  If I'm honest, I have to say that Uber's 'scandals' have zero effect on my using the app."}
{"_id": "154877", "title": "", "text": "\"The idea that individuals control the housing prices through supply and demand is HILARIOUS! That's like saying prisoners control the quality of their food.  Somehow blaming banks and real estate agents is going to hurt you and make you a victim? That's not fear mongering at all, clearly everything was so very plainly laid out for every buyer in the entire US that all they had to do was sign a single piece of paper that was written in plain English and of course they were never told anything like \"\"just a formality\"\" or \"\"just paperwork\"\" and ALL of them were smart enough to read through the work anyway and of course the bank associates were nice enough to reject a loan if they thought the people didn't understand the terms properly and....(etc. etc. etc.)  TL;DR Good job shifting the blame, surely your well reasoned arguments with summarized backings will get people on your side!\""}
{"_id": "154884", "title": "", "text": "Greetings from kukreja Group Hotels,   We welcome you to our hotels at DELHI, GURGAON, JAIPUR, AGRA, KANPUR, LUCKNOW, HARIDWAR, PUNE and HYDERABAD, upscale hotels that are setting new standards in the hospitality industry in budget accommodation in India. Our full host of amenities welcomes both business and leisure travelers with warm graciousness."}
{"_id": "154886", "title": "", "text": "It's not a full credit course but part time comic James Cunningham has speaking tour that promotes personal finance in high schools."}
{"_id": "154888", "title": "", "text": "I'm so curious how you think this stuff works.   &gt; whenever you open the uber app that it has your location. You think that just happens magically?  Why don't you go ahead and tell me how you think that gets there, when it starts, and how that entire process is scoped."}
{"_id": "154912", "title": "", "text": "Depends on the countries and their rules about moving money across the border,  but in this case that appears entirely reasonable. Of course it would be a gamble unless you can predict the future values of currency better than most folks; there is no guarantee that the exchange rate will move in any particular direction. I have no idea whether any tax is due on profit from currency arbitrage."}
{"_id": "154920", "title": "", "text": "Greg Lindberg CEO Wondering whether it is time to start your own business? If so, it\u2019s a sign that it may be the time to pursue that dream, says Greg Lindberg, successful businessman and CEO. If you have an idea or a desire to be your own boss, Greg Lindberg provides five signs that shouldn\u2019t be ignored:"}
{"_id": "154924", "title": "", "text": "How about this.  Make it mandatory that anyone can ask to use any portion of any invention at a market reasonable price.  In the event that someone believes the price is not market reasonable, then one company can file suit against the other company.  The person filing person will pay for the court case.  This of course would take into account what is reasonable for court costs, etc.  Bam, then we have an end to what really sucks about patents, the inability for others to use that in the future."}
{"_id": "154927", "title": "", "text": "While the S&P500 is not a total return index, there is an official total return S&P500 that includes reinvested dividends and which is typically used for benchmarking.  For a long time it was not available for free, but it can currently be found on yahoo finance using the ticker ^SP500TR."}
{"_id": "154931", "title": "", "text": "The best way to do this is to pay for the entire car, including gas, insurance, and repairs, from S-corp funds, then meticulously track how many miles are used for personal and how many miles for business. If you pay with S-corp funds, you will claim the personal miles as a taxable benefit from the S-corp on your personal return. The S-corp can then claim all the expenses and depreciation on the vehicle, reducing the S-corp's tax liability."}
{"_id": "154951", "title": "", "text": "I totally see your point about not seeing into the future, infrastructure has to take into account so many variables it's often very difficult to plan these things I can see why a major project might take months on end, if not years. I'm okay with (private or public) companies doing the bare minimum and saving a few dollars here and there. That being said obviously all companies should should fall under the same rules or laws, if companies can take huge short cuts that end up harming people there is something really wrong with the regulations and the company is clearly at fault.   I think you have the right idea, I don't see why the government couldn't force private companies to abide by infrastructure plans similar to the ones public companies use or come up with ? do public companies take longer because there is more oversight?"}
{"_id": "154953", "title": "", "text": "\"Two points:    One, yes -- the price of gold has been going up. [gold ETF chart here](http://www.google.com/finance?chdnp=1&amp;chdd=1&amp;chds=1&amp;chdv=1&amp;chvs=maximized&amp;chdeh=0&amp;chfdeh=0&amp;chdet=1349467200000&amp;chddm=495788&amp;chls=IntervalBasedLine&amp;q=NYSEARCA:IAU&amp;ntsp=0&amp;ei=PQhvUMjiAZGQ0QG5pQE)  Two, the US has confiscated gold in the past.  They did it in the 1930s.    Owning antique gold coins is stupid because you're paying for gold + the supply / demand imbalance forced upon that particular coin by the coin collector market.  If you want to have exposure to gold in your portfolio, the cheapest way is through an ETF.  If you want to own physical gold because a) it's shiny or b) you fear impending economic collapse -- you're probably better off with bullion from a reputable dealer.  You can buy it in grams or ounces -- you can also buy it in coins.  Physical gold will generally cost you a little more than the spot price (think 5% - 10%? -- not really sure) but it can vary wildly.  You might even be able to buy it for under the spot price if you find somebody that isn't very bright willing to sell.  Buyer beware though -- there are lots of shady folks in the \"\"we buy gold\"\" market.\""}
{"_id": "154976", "title": "", "text": "Cash changes hands when you buy or sell the stock. While you own the stock, you own it, not cash, so there is no cash to go anywhere. You spent your money when you bought. The seller got that money. It's gone. You hope that when you sell the stock, someone will give you more money for it than you spent. But they may give you less. Money doesn't magically appear either way, it comes from the buyer. After selling, you have the money -- however much you sold for -- and no longer have the stock. NOTE that this means the current value of a share of stock is interesting, but not really very relevant, unless you are actively buying or selling. What your portfolio is worth on paper is nothing more than an approximate snapshot at the moment you retrieve the data. It is not a promise of what will actually happen when you do sell."}
{"_id": "154978", "title": "", "text": "The basic cop + nurse will make $300K a year in just about any big city.    The cost of housing and insurance is so high, it is BARELY middle class wages.   edit: Looks like large west coast police departments.   Anything east of the rockies pays 1/2 has much....wow."}
{"_id": "154981", "title": "", "text": "\"&gt;But Facebook, which claims more than 900 million members, had 158 million unique visitors to its site in April, according to researcher ComScore, up just 5% from a year ago. That compares with year-over-year growth rates of 89% in April 2010.  So, about 1 in 6 users (~16%) visited facebook during a particular (recent) month.  The other 5 of 6 (~83%) of users didn't visit during that month...  Hmmm...  Sounds like a lot of relatively dead/fairly inactive accounts/users to me\\*.  And the thing is that -- different than other social sites like LinkedIn (which is in a lot of ways an \"\"online resume\"\" &amp; business contact database) -- facebook pretty much NEEDS continuous and regular use (that's the premise that their whole model, especially advertising-wise, is built on, if FB reverts to people simply using it to maintain a once or twice a year \"\"update\"\" on movements of friends {i.e. it becomes the equivalent of a Xmas card list storage site} then it's potential \"\"value\"\" diminishes rather dramatically).  &gt;Also, the social network is testing ways to allow those under 13, currently prohibited, to participate with parental supervision.  Which seems (from a cynical perspective anyway) to be a sign that they are potentially getting \"\"desperate\"\" to maintain the purported \"\"growth\"\" in number of users. (And in a certain sense, they are doing what all companies with \"\"saturated\"\" markets do... a futile attempt to pull future demand into the present; which of course -- to the extent that it succeeds anyway -- really just moves the inevitable \"\"dropoff\"\" that much closer.)  ---  \\* EDIT: And in addition (not surprisingly) it looks like Pareto principle, which tends to be recursive.. Of the roughly 20% (~16%) \"\"unique\"\" visitors during the month, probably the majority of them (roughly 80% of the 16%) engaged in minimal activity, with only some 20% of it (and thus somewhere round 3.2%~4%) of the total user base being truly \"\"active\"\", and then again, probably only 20% of *that* (maybe at or under 1%) were of the *hyper*-\"\"active\"\" users that everyone thinks facebook'ers are.\""}
{"_id": "154988", "title": "", "text": "Someone I know had an idea to open a savings account as an LLC or corporation to receive better interest rates on savings, and set up a system where anyone can pool money in and receive a larger cut through savings interest than with a personal account. Is this legal/feasible in any way?"}
{"_id": "154989", "title": "", "text": "\"Whether or not you make money here depends on whether you are buying or selling the option when you open your position.  You certainly would not make money in the scenario where you are buying options at the open.  If fact you would end up loosing quite a lot of money. You do not specify whether you are buying or selling the options, so let's assume that you are buying both the call and the put.  We'll look a profitable trade at the bottom of my answer. Buying an in-the-money Call option with a strike price of $90 when the underlying asset price is $150 would cost you a small fraction over $6000 = (100 x $60) since the intrinsic value value of the option is $60.  Add to this cost any commission charged by your broker. Buying an out-of-the-money Put option with a strike price of $110 when the underlying asset price is $150 would cost you a \"\"small\"\" premium - lets say a premium of something like $0.50.  The option has no intrinsic value, only time value and a volatility value, so the exact cost would depend on the time to expiry and the implied volatility of the underlying asset. Since the strike price is \"\"well out of the money\"\", being about 27% below the underlying asset price, the premium would be small.  So, assuming the premium of $0.50, you would pay $50 for the option plus any commission applicable. The cash settlement on expiry, with an underlying settlement price of $100, would be a premium of $10 for each of the two options, so you would receive cash of 100 x ($10 + $10) = $2000, less any commission applicable.  However, you have paid $6000 + $50 to purchase the options, so you realise a net loss of $6050 - $2000 = $4050 plus any commissions applicable. Thus, you would make a profit on the put option, but you would realise a very large loss on the call option. On the other hand, if you open your position by selling the call option and buying the put option, then you would make money. For the sale of the call option you would receive about $6000.  For the purchase of the put option you would pay about $50. On settlement, you would pay $1000 to buy back the call option and you would receive about $1000 when selling the put option. Thus you net profit would be about ($6000 - $1000) for the call position, and ($1000 - $50) for the put position.  The net profit would then total $5950 less an commissions payable.\""}
{"_id": "155031", "title": "", "text": "It is very important to take care of housing roof in certain time interval so as to avoid cracking and leaking in the roof, otherwise it may lead to the harm in future. The material should be taken to the reputed company which is loyal to its client and provide with super fine material which is guaranteed for years. Southmoreroofing will provide you all quality services that are needed for the maintenance of roof Perth."}
{"_id": "155045", "title": "", "text": "Your $400/month contributions are still tax deductible in the current tax year. However, each subsequent tax year, you will be required to repay at least 1/15 of the total amount you withdrew. In your example, let's say you used $25,000 for the home buyer's plan in the 2015 tax year. Throughout 2015, you contribute $400/month toward your RRSP. For the 2015 tax year, you are able to claim $4800 in RRSP contributions. For the 2016 tax year, you continue to contribute $400/month toward your RRSP. However, you are only able to claim $3133.33 in RRSP contributions, and must put at least $1666.67 toward repayment of your HBP. This will continue until you have entirely repaid the HBP. You are free to repay it early. This CRA page has the details."}
{"_id": "155053", "title": "", "text": "\"There is not a special rate for short-term capital gains.  Only long-term gains have a special rate.  Short-term gains are taxed at your ordinary-income rate (see here).  Hence if you're in the 25% bracket, your short-term gain would be taxed at 25%.  The IRA withdrawal, as you already mentioned, would be taxed at 25%, plus a 10% penalty, for 35% total.  Thus the bite on the IRA withdrawal is larger than that on a non-IRA withdrawal. As for the estimated tax issue, I don't think there will be a significant difference there.  The reason is that (traditional) IRA withdrawals count as ordinary taxable income (see here).  This means that, when you withdraw the funds from your IRA, you will increase your income.  If that increase pushes you too far beyond what your withholding is accounting for, then you owe estimated tax.  In other words, whether you get the money by selling stocks in a taxable account or by withdrawing them from an IRA, you still increase your taxable income, and thus potentially expose yourself to the estimated tax obligation. (In fact, there may be a difference.  As you note, you will pay tax at the capital gains rate on gains from selling in a taxable account.  But if you sell the stocks inside the IRA and withdraw, that is ordinary income.  However, since ordinary income is taxed at a higher rate than long-term capital gains, you will potentially pay more tax on the IRA withdrawal, since it will be taxed at the higher rate, if your gains are long-term rather than short term.  This is doubly true if you withdraw early, incurring the extra 10% penalty.  See this question for some more discussion of this issue.) In addition, I think you may be somewhat misunderstanding the nature of estimated tax.  The IRS will not \"\"ask\"\" you for a quarterly estimated tax when you sell stock.  The IRS does not monitor your activity and send you a bill each quarter.  They may indeed check whether your reported income jibes with info they received from your bank, etc., but they'll still do that regardless of whether you got that income by selling in a taxable account or withdrawing money from an IRA, because both of those increase your taxable income. Quarterly estimated tax is not an extra tax; it is just you paying your normal income tax over the course of the year instead of all at once.  If your withholdings will not cover enough of your tax liability, you must figure that out yourself and pay the estimated tax (see here); if you don't do so, you may be assessed a penalty.  It doesn't matter how you got the money; if your taxable income is too high relative to your withheld tax, then you have to pay the estimated tax.  Typically tax will be withheld from your IRA distribution, but if it's not withheld, you'll still owe it as estimated tax.\""}
{"_id": "155074", "title": "", "text": "I would make this a comment, but I am not worthy...... You will need to define your objectives before you can do anything. What is the money for?  What is your risk tolerance?  Where do you live?  Capital appreciation?  Preservation?  Can you eat if your savings are cut in half?  How much are you currently making?  How much are you currently saving?  What do you already have exposure to?  How secure is your job?  What is the makeup of the congregation?  Do you have any tax-related surprises?  Do you own your home?  Have you previously consulted with a financial planner? There are many many factors obviously.  More than I think most people want to give out over the internet, but they are all important to making a decision.  Get a recommendation from someone you know for a financial planner.  Ask upfront what their background is.  Education, experience credentials.  You want a certified financial planner or analyst.  Ask how their fees are structured and what their approach is like, and make sure they're speaking intelligibly.  Feel free to shop around until you find someone you like."}
{"_id": "155082", "title": "", "text": "Business Insider is an unabashedly anti-Israel website that manufactures political stories where there isn't one. Case-in-point: this article calls the Golan Heights a controversial occupied territory despite the fact that it has been part of the state of Israel for over thirty years. Isn't it at all plausible that this is purely a business decision?"}
{"_id": "155098", "title": "", "text": "Salaries in India are generally paid of the month. If you have joined mid-month like you mention on 6th Jan. The first salary will be for part month. In your case it would be (15000/31) Multiply by 27 Days. Rs 13065. You should get a salary slip that would give more details."}
{"_id": "155131", "title": "", "text": "\"Let me just add that while you don't need to write the date received on the back of the check, you could. Why? Let's say someone was late in paying you and you wanted to document the fact that they were late. I've had late-paying customers send me a check dated on the due date but really they just pre-dated the check and sent it 60 days past-due. So let's say I want to establish and document the pattern in case it becomes a future legal issue. When you deposit or cash a check, an image of the front and back is made and the person or company who issued the check will have those images stored as part of their transaction history. (It used to be that the original, physical, cancelled check was returned to the payer, but that was another era.) So write the date received on the back next to the endorsement, endorse the check, and take a photo of the front and back (along with the postmark on the envelope) to document that they are a late payer. This way, if it ever becomes a \"\"he said she said\"\" issue you can easily show they have a history of paying late. If the payer looks at their check images they'll see your received date note next to the endorsement. Granted, this is a lot of trouble for a unique situation. In 20+ years of running a business I've actually had the foresight to do this a handful of times with habitual offenders, and in (only) one case did it come in handy later on. But boy was I glad to have those photos when I needed them.\""}
{"_id": "155151", "title": "", "text": "Obvious answer but the limit order should be set at the price that you are willing to pay :). More usefully, if you want a decent chance of the order filling in short notice you should place the order one price tick above the current highest buyer (bid price). As long as high frequency trading remains alive I would advise against ever using market orders, these algorithmic trades can occasionally severely distort the price of a security in a fraction of a second. So if your market order happens to fill in during such a distortion you might end up massively overpaying/underselling."}
{"_id": "155193", "title": "", "text": "Thanks for the response, the good thing is I can easily answer those questions without problem and I have a solid answer for all of them so I think my next goal is to write out my business plan. I heard it should around 30-50 pages."}
{"_id": "155208", "title": "", "text": "\"The financial services industry, and specifically retail banking, has not always been on the bleeding edge of technological innovation.  It usually isn't, and that can be a good thing insofar as avoiding disasters, but your general sentiment is shared by many people.  Google \"\"payment startups\"\". Despite all this, the current system works well.  Software had become adept at identifying and mitigating transactions that appear fraudulent, and even if an account is wiped clean, the account holder is not responsible for the missing funds, the bank is.  If there is ever an epidemic, banks will drive the change to a different system, not consumers. Specific to your proposal, the deposit only account seems to violate all three trust-related issues you bring up. Additionally, linking a bank account can fulfill some know your customer (KYC) requirements, which help reduce fraud and may be required by law.  It gives organizations, especially financial services ones like PayPal, a more tangible link to your actual person.\""}
{"_id": "155242", "title": "", "text": "You have to look at the market conditions and make decisions based on them. Ideally, you may want to have 30% of your portfolio in bonds. But from a practical point of view, it's probably not so smart to invest in bond funds right at this moment given the interest rate market. Styles of funds tend to go into and out of style. I personally do asset allocation two ways in my 457 plan (like a 401k for government workers): In my IRA, I invest in a portfolio of 5-6 stocks. The approach you take is dependent on what you are able to put into it. I invest about 10 hours a week into investment related research. If you can't do that, you want a strategy that is simpler -- but you still need to be cognizant of market conditions."}
{"_id": "155245", "title": "", "text": "\"I agree with you, but both are bad. What happens with fractional reserve banking is inflation, but this inflation isn't distributed evenly across all the markets, those who the banks lend to are who see the inflation first I.e. the Dow. But nobody gets a loan to buy commodities, so these lag in the inflation. When a recession hits the banks slow their loaning while the commodities play catch-up. During this period it makes more sense to \"\"invest\"\" in commodities than in the majority of businesses. So in an effort to make capital \"\"available\"\" you've created an entire community of investors investing in an unproductive sector for just as long as you had them hyper-investing in productive sectors. Net zero gain, with a decade of time lost.  I wont ever believe we need frac reserve lending to have a bank, especially when the bank collapses the currency every 30-50 years. If someone's to loan money they should do it with their own money, with approval, or somehow prevent 2-3-10 people from racing to the same reserve.\""}
{"_id": "155254", "title": "", "text": "\"Usually there are annual or semi-annual reports for a mutual fund that may give an idea for when a fund will have \"\"distributions\"\" which can cause the NAV to fall as this is when the fund passes the taxable liabilities to shareholders in the form of a dividend. Alternatively, the prospectus of the fund may also have the data on the recent distribution history that is likely what you want. If you don't understand why a fund would have a distribution, I highly suggest researching the legal structure of an open-end mutual fund where there more than a few rules about how taxes are handled for this case.\""}
{"_id": "155270", "title": "", "text": "I'm happy you brought this up.   1. Deficits have proven to be far higher during Republican administrations (Reagan/BushI tripled it, Bush II doubled it, etc.).   2. The deficit has been large under Obama, but most of this has been [proven](http://crooksandliars.com/jon-perr/republican-debt-orgy-pictures) to be a result of policies enacted by Bush and the Great Recession.    3. The deficit has shrunk from over $1.6t to a projected $500b during Obama's tenure."}
{"_id": "155274", "title": "", "text": "GPS can be a money saver to add as an aftermarket item as opposed to getting an integrated version with your stereo.  Typically, updates for the aftermarket stand-alone GPS units are cheaper as well."}
{"_id": "155281", "title": "", "text": "How is the government paid for these things? How is this handled without taxes? Are you suggesting that the people pay for all of this because they supposedly derive all the benefit while the businesses supposedly derive none from infrastructure.  Yes public roads may not be restricted by entities except in safety measures and compliance with DOT regulations. It is illegal for company A to blockade or otherwise make unavailable a public road to keep company B or the general public from using it.   These type of rules also apply to communication lines and power infrastructure and are designed to decrease duplication and ensure that selected infrastructure is appropriate for the area."}
{"_id": "155291", "title": "", "text": "Maybe I'm cynical but I always figured welfare was societal insurance against pickpockets, hold-ups, break-ins, and in a worst case scenario, outright riots.  If you explain it to these bozos that way sometimes they get it.  Or they start going on about increased police presence without understanding they're just paying more taxes in another form.  Sometimes the money people need to be economics people.  There are plenty of things with a monetary value that they don't seem to grasp until the shit hits the fan.  //I don't study economics myself but come on -- it doesn't take a genius to realize that EVERYTHING has a cost, regardless of whether you can understand it."}
{"_id": "155299", "title": "", "text": "I just did a long spill about why and how that came about. Not enough detail but it makes the main points.  http://www.reddit.com/r/progressive/comments/2cqlg3/out_of_touch_gop_rapidly_seals_fate_with_majority/cjid7am?context=3  It's only been within my lifetime that the definition of capitalism has become cronyism. It didn't used to be that way. Yeah, I agree, that's a really really bad development :("}
{"_id": "155309", "title": "", "text": "For someone who has only used an iPhone for many years, what are the things that you like best about the s4 or s5 that the iPhone can't do? I am genuinely curious, as I hadn't considered not getting the new iPhone when it comes out. Thanks!"}
{"_id": "155318", "title": "", "text": "You are permitted to withdraw the deposits from the Roth with no tax or penalty any time.  To Dilip's point, the Roth is a good place to keep the investment, and what you might consider is a 'self-directed' account. This type of IRA or Roth IRA permits a choice of investments that are not typically handled by banks or brokers, including Real Estate and the type of Angel investing you seem to be considering.  Note - the rules are tough, you need to be very careful to not be self-dealing, or dealing with certain related parties."}
{"_id": "155344", "title": "", "text": "SEO or Search engine optimization is the process of trying to increase quality Traffic to the website (your) Search Enigne variety of different ways. Usually websites appear on the first Search Engine in common than is often click the website below. Or Next Typically, the goal of SEO is in many places such as Image Search, Video Search, but we spent most of Web Search."}
{"_id": "155351", "title": "", "text": "\"The full holdings will be listed in the annual report of the fund, obviously the holdings would only be completely accurate as of the date of the reporting. This is the most recent annual report for FMAGX.  I got it from my Schwab research section under \"\"All Fund Documents\"\" but I'm sure you can find it other ways.  When I use google to search for \"\"fmagx annual report\"\" this link was the first result.\""}
{"_id": "155358", "title": "", "text": "You would have to find someone in the other state who wanted to swap.  This is conceivable but difficult if you want the houses to be the same value.  How do you find the one person who lives in the right place now and wants to move to the right area?   The normal way this situation is handled is to simply put your house on the market.  At the same time, you find a new house in the new location.  You arrange for a new mortgage for the new house and make purchase contingent on selling the old house.  Your buyer pays off your mortgage and gives you a bit left over that you use as a downpayment on the new house.   Note that you take a loss on closing costs when you do this.  This is why if you are in the position where you move frequently, you may be better off renting.   Sometimes an employer will help with this, paying for a long term hotel or short term rental.  This can give you more room to sell and buy the houses.   If you have to move right now, immediately, not in a few months when your housing situation is fixed, consider double renting.  You rent out your mortgaged house to someone and pay rent on a new place.  You may put some of your stuff in storage until you get into your permanent place.   The downside is that it can be harder to sell a house with a tenant until you are close to the end of the lease.  And of course, you are probably not in the best position to get or pay good rent.  Your situation restricts your options.  You might get stuck in this situation for a year so as to get the time that you need to line up a buyer.   Of course, you may get lucky and find someone who wants your old house as an investment property.  Such a person won't be bothered by a tenant.  But they usually want a good price.  After all, they want to make money off it.   There are those operations that advertise that they buy ugly houses.  They want a good deal.  You'll probably take a bath.  But they can buy quickly, so you can move on quickly.  No waiting until they find a buyer.   And I'm not saying that you can't do a swap like you want.  I'm just saying that you may find it difficult to find a swapping partner.  Perhaps an investment person would be up for it.  They take your house in trade for their house, letting you stay in their house until they can fix up your old house and either rent it or sell it.  The problem is that it may be hard to find such an investor who can handle a house where you are and has a house where you need to be.   I don't have a good suggestion for finding a swapping partner other than calling a lot of realtors and asking for suggestions.  Maybe a bit of online checking for properties where the owner's business is managing the sale."}
{"_id": "155367", "title": "", "text": "Bank and most Credit Union deposit accounts (including CDs) are guaranteed by the Federal government by the FDIC and NCUA, respectively.  Some state-chartered credit unions use private insurance, you'll want to be careful about storing lots of money in those institutions."}
{"_id": "155374", "title": "", "text": "I'm confused why you think you need a $450k house. That seems extremely high in today's market except perhaps in certain major urban locations. If you're going to live in suburbia or a smaller town/city, you should be able to find a nice 3br house for well under $300k. Before you rule out buying a house, I'd spend some time researching the real estate listings in your area, foreclosures, properties owned by bankruptcy court, etc. - you might be surprised to find a great home for as low as $150-200k. Of course if you live in a place where what I'm saying is completely off-base, please disregard my answer."}
{"_id": "155376", "title": "", "text": "\"&gt;They lie right to your face. \"\"Borrow tens of thousands of dollars to give to us, it will totally work out...for us.\"\"  I don't believe they verbalize those last two words. They pretty much end it with a period after the \"\"work out\"\" part.  And then of course, they produce that BS statistic that college grads make a \"\"million dollars more over their career\"\".  I mean really?  Which grads are those? You mean the ones who graduated circa 45-50 (or more) years ago (when very few people had college degrees)?    And in exactly what inflation-adjusted time-frame was that \"\"million dollars\"\"?  Was it 1960 dollars? 1980 dollars? 2000 dollars?  Because a million bucks, while still not pocket change even in 2012, was worth a LOT more the further you go back.\""}
{"_id": "155379", "title": "", "text": "I tend to agree with Rocky's answer.  However it sounds like you want to look at this from the numbers side of things.  So let's consider some numbers: I'm assuming you have the money to buy the new car available as cash in hand, and that if you don't buy the car, you'll invest it reasonably.  So if you buy the new car today, you're $17K out of pocket.  Let's look at some scenarios and compare.  Assuming: If you buy the new car today, then after 1 year you'll have: If you keep the old car, after 1 year you get: After 2 years, you have: And after 3 years, you're at: Or in other words, nothing depletes the value of your assets faster than buying the new car. After 1 year, you've essentially lost $5K to depreciation.    However, over the short term the immediate cost of the tires combined with the continued depreciation of the old car do reduce your purchasing power somewhat (you won't be able to muster $25K towards a new car without chipping in a bit of extra cash), and inflation will tend to drive the cost of the new car up as time goes on.  So the relative gap between the value of your assets and the cost of the new car tends to increase, though it stays well below the $5k that you lose to depreciation if you buy the new car immediately.  Which is something that you could potentially spin to support whichever side you prefer, I suppose. Though note that I've made some fairly pessimistic assumptions.  In particular, the current U.S. inflation rate is under 1%, and a new car may depreciate by as much as 25% in the first year while older cars may depreciate by less than the 8% assumed.  And I selected the cheapest new car price cited, and didn't credit the tires with adding any value to your old car.  Each of those aspects tends to make continuing to drive the older car a better option than buying the new one."}
{"_id": "155389", "title": "", "text": "And if you need to pay business taxes outside of the regular US 1040 form, you can use the IRS' Electronic Federal Tax Payment System (EFTPS). Basically, you enroll your bank accounts, and you can make estimated, penalty, etc. payments. The site can be found here."}
{"_id": "155414", "title": "", "text": "I think that's actually by design.. I mean, of course it's by design, but I think they're deliberately trying to look like 'normal' cars.  I imagine the first thing people think when they see a flashy car is 'expensive'.  Also, at the moment they're probably trying to appeal to sensible people who are looking at what the car offers practically - the sort of person that would buy a Kia.  In the future though, I'm sure Tesla will really start producing some interesting looking cars - their different structure could afford them options not easily available to normal car manufacturers."}
{"_id": "155435", "title": "", "text": "So you don't believe in any workers' rights? Are you joking?  You don't believe in a minimum wage, limited work hours, health and safety, paid holidays, maternity/paternity leave, or non-discriminatory equal employment? You're ok with child labour?  Once you strip away those laws you get a complete race to the bottom and an awful society that is essentially feudal."}
{"_id": "155436", "title": "", "text": "The purchase of a running company gives entrepreneurs an alternative to establish themselves other than creating from scratch of their company. On the other hand, already established entrepreneurs can acquire a company to grow, generating economies of scale that improve their productivity. The Plan to Support the Transmission of buy a business arises from the collaboration between the Ministry of Economy, Industry and Competitiveness, through the General Directorate of Industry and Small and Medium Enterprise. The main objective of the Plan is to ensure the continuity of viable companies in danger of disappearing due to problems other than economic ones, for example lack of generational change or change of professional orientation. In this way, the loss of economic capital and jobs is avoided."}
{"_id": "155461", "title": "", "text": "\"There are no \"\"rules\"\" about how the price should act after an IPO, so there are no guarantee that a \"\"pop\"\" would appear at the opening day. But when an IPO is done, it's typically underpriced. On average, the shares are 10% up at the end of the first day after the IPO (I don't have the source that, I just remember that from some finance course). Also, after the IPO, the underwriter can be asked to support the trading of the share for a certain period of time. That is the so called stabilizing agent. They have few obligations like: This price support in often done by a repurchase of some of the shares of poorly performing IPO. EDIT: Informations about the overallotment pool. When the IPO is done, a certain number of client buy the shares issued by the company. The underwriter, with the clients, can decide to create an overallotment pool, where the clients would get a little more shares (hence \"\"overallotment\"\"), but this time the shares are not issued by the company but by the underwriter. To put it another way, the underwriter oversell and becomes short by a certain number of shares (limited to 15% of the IPO). In exchange for the risk taken by this overallotment, the underwriter gets a greenshoe option from the clients, that will allows the underwriter to buy back the oversold shares, at the price of the IPO, from the clients. The idea behind this option is to avoid a market exposure for the underwriter. So, after the IPO: If the price goes down, the underwriter buys back on the market the overshorted shares and makes a profits. If the price goes up, the company exercise the greenshoe option buy the shares at the IPO prices (throught the overallotment pool, that is, the additional shares that the clients wanted ) to avoid suffering a loss.\""}
{"_id": "155485", "title": "", "text": "\"Just because \"\"many\"\" stocks have net losses doesn't prove the point. As this article describes, Morgan Stanley and Goldman are real businesses with billions in tangible assets. Their businesses are profit machines that create billions in value every quarter. Bitcoin has none of those things. That's why people say it's backed by emotions\""}
{"_id": "155490", "title": "", "text": "This new roof should go on the 2016 LLC business return, but you probably won't be able to expense the entire roof as a repair.  A new roof is most likely a capital improvement, which means that it would need to be depreciated over many years instead of expensed all in 2016.  The depreciation period for a residential rental property is 27.5 years.  Please consider seeking a CPA or Enrolled Agent for the preparation of your LLC business return. See also: IRS Tangible Property Regulations FAQ list When you made the loan to the LLC (by paying the contractor and making a contract with the LLC), did you state an interest rate?  If not, you and your brother should correct the contract so that an interest rate is stated, then follow it.  The LLC needs to pay you interest until the loan is paid off.  You need to report the interest income on your personal return, and the LLC needs to report the interest expense in its business return."}
{"_id": "155493", "title": "", "text": "\"The existing answers are good, I justed wanted to provide a simpler answer to your question: Would I be able to invest this in a reasonable way that it would provide me with say $200 spending money per month over the school year? No. There is no way to invest $10,000 to reliably get $200 every month.  Any way that you invest it that has even the possibility of getting that much will have a significant possibility of losing a lot of money.  If you want to get \"\"free\"\" spending money out without risk of losing money, you're unlikely to be able to find an investment that will give you more than a couple dollars per month.\""}
{"_id": "155512", "title": "", "text": "Most jobs pay for cfa.   Not so many for MBA.  Even MBA the biggest criteria is quality of work experience and GMAT.   I'd advise to focus now on what you want as a career and really try and get an internship in that field while in undergrad.  Rest will fall into place.   Cfa and top15 MBA grad so been through both paths"}
{"_id": "155530", "title": "", "text": "Don't waste your time threatening legal action or screwing around with certified mail. If they're contacting your employer to garnish your wages they probably already have a summary judgment against you for failing to appear at a court date you didn't know about.  Your employer might have had your back but these guys will continue to try to locate your assets and attempt garnishment until someone does accept their claim and hands over your bank account.  Contact a bankruptcy attorney immediately (they are most experienced with dealing with debt collectors and related issues). Consultations are generally free."}
{"_id": "155531", "title": "", "text": "LLC in NJ. You are awesome my friend. I have the LLC started. Im just getting the low voltage waiver and deciding on the payment system but this seems to work. I can just simply print them out the invoice. I gotta check with Amazon but this was extremely helpful."}
{"_id": "155533", "title": "", "text": "\"I think the last sentence sums up what needs to be done: \"\"The answer is a rebooted capitalism for a new economic era, using the power of the state where it is necessary to fix market failures and to break up vested interests, but also recognising the unique power of entrepreneurs to produce abundance out of scarcity and dynamism out of stagnation.\"\"  Capitalism is far from dead and is still by far the best economic policy available, it's just changing a bit specifically on a few minor points.\""}
{"_id": "155564", "title": "", "text": "\"With all due respect to economics everywhere and the armchair economist. I think they overlook one very basic fact. The alternative to buying popcorn  at the cinema is buying it cheaper at the store, or making your own and bringing it to the cinema. Cinemagoing is something you tend to do with a date (and sometimes your friends) and who wants to look cheap to their date (and perhaps their spouse/friends) bringing popcorn to the cinema?  This \"\"cheapo-gentlemens\"\" effect together with convenience is probably the reason why popcorn can remain so expensive at cinemas.\""}
{"_id": "155572", "title": "", "text": "There's nothing I'd want to eat at McDonald's in the past few years. In my experience they are bottom-of-the-barrel as far as taste, quality and service. Their best marketing strategy is to try to convince small children that their food tastes good by giving away toys."}
{"_id": "155578", "title": "", "text": "&gt;     If Comcast wants my steaming business offer a better service than Netflix. &gt;  &gt;  &gt;  &gt; Sure. In the meantime, I don't see why Comcast must allow Netflix to use its fixed infrastructure.  So if the power company decides they're losing customers because of associating with Comcast and a quick cost/benefit analysis says they should stop providing power to Comcast then that's okay?  Comcast now has to close their doors and their company is done for because no power company in the world will provide for them because they don't want the bad PR.  It's okay to hold an entire company hostage because, it's just business?   Then of course you might say, well switch power providers! Tough luck Comcast PECO is your only option. You could use this small solar farm that gives you some power and not nearly enough to sustain your current business but you have another choice so it's not a monopoly!"}
{"_id": "155586", "title": "", "text": "It would make their garbage look better as compared to other sovereigns, they will re-bundle the toxic assets it into some crap alphabets and try to make them look as good as Treasuries and sell them. Hence the synchronous downgrades of China, Hongkong, Britain"}
{"_id": "155605", "title": "", "text": "Yeah Best Buy is a complete joke. Electronics are one of the things I usually plan out and buy online anyway (they're generally expensive, so saving 5% can be a lot), so when the one thing I always immediately need breaks - a phone charger - guess who always has none in stock, or hardly any selection?   Electronics are generally low margin and Best Buy was basically built on the notion that most consumers are ignorant, particularly about tech, and what fair prices are. A 6' HDMI should not be over $10. A usb cable charger shouldnt be more than $10. Now that everyone can price check instantly on their phone, they're fucked. Good riddance IMO, perhaps it will allow some smaller, local electronics stores to thrive."}
{"_id": "155616", "title": "", "text": "Once you own no shares for 31 days, it's game over. Even though the accounting has wash sales to consider, in the end, gains and losses all cancel to one net position of break even, gain or loss.  It's when there are shares remaining at the end of a period of time that the wash sale rules really impact the numbers."}
{"_id": "155624", "title": "", "text": "\"That is called \"\"substitution of collateral.\"\" And yes, it can be done, but only with consent of the lender. The \"\"best case\"\" for this kind of maneuver is if the second house is larger and more valuable than the first. Another possibility is that you have two mortgages on the first house and none on the second, and you want to move the second mortgage on the first house to the second one, effectively making it a \"\"first\"\" mortgage. In these instances, the lender has a clear incentive to allow a substitution of collateral, because the second one is actually better than the first one. The potential problem in your case, is if the second house were more expensive than the first house, you could not use the sale proceeds of the first house as to buy the second house without borrowing additional money. In that case, a possible solution would be to go back to the lender on your first house for a larger mortgage, with the proceeds of that mortgage being used to retire the earlier mortgage. Depending on your credit, payment record, etc. they might be willing to do this.\""}
{"_id": "155625", "title": "", "text": "\"Proof of interference please. No \"\"that guy/those guys said it happened\"\".   But an expert or authority saying: \"\"we have concrete proof,and *this is it*\"\", i.e a claim of proof backed up immediately by exposing and explaining said concrete proof.  Actual proof. Not inductive reasoning.  I'm asking because I stopped following the issue for a time, and *I want genuine proof*. I am not american, I have no stake in the issue and ***I am not saying there wasn't interference***, I just want solid proof, of which I haven't been sent any so far.  Only insults and aggression for daring to be tough to convince. That doesn't bode well for their arguments, btw.\""}
{"_id": "155634", "title": "", "text": "\"It's required by law.  12 USC 1759 (b) requires that membership in a credit union be limited to one or more groups with a \"\"common bond\"\", or to people within a particular geographic area. For lots more gory details on how this is interpreted and enforced, you can read the manual given to credit unions by the National Credit Union Administration, which is their regulatory agency.\""}
{"_id": "155637", "title": "", "text": "If you think we're moving from cable tv to internet tv, you could try things like Comcast (CMCSA) or Time Warner Cable (TWC). You'll have to pay their dividends, however.   Also note that they have the potential to cost-shift by charging more for your internet. In fact the whole industry can do some cost-shifting in such a shift, and probably would try. I doubt it would work because there's a lot of potential for cost-cutting in the salaries they pay these people - media stars and executives are going to take a pretty steep price hike when the monopolistic cable distribution system finally breaks down."}
{"_id": "155640", "title": "", "text": "\"John's answer is similar to what I was thinking. You should invest in insurance \"\"because there's an insurance salesman who needs to pay to send his kid to college.\"\" I will never be a fan of any type of permanent insurance, and I think it wrong to sell a single person with no dependents such a policy. I've used the expression \"\"Variable Annuities are sold, not bought.\"\" I feel the same about these insurance policies.  The best advice I can offer in a short reply is this: If you need life insurance, buy term. Save as much as you can, 10% minimum, more if you are able. A young person should be saving for retirement and to position them self to buy their first house, if that's what they wish. What good is a full up Whole Life policy when you need to raise $40K to put down on a house? Sorry to sound like I'm lecturing, this is one of my hot points.\""}
{"_id": "155648", "title": "", "text": "\"If you business is incorporated, it's up to the two of you how to do it. Typically, you will have the company write cheques (or make transfers, whatever) to each of the humans: If you want to say that each of you gets a salary of 80% of the revenue you bring in, and then tweak things with bonuses, you can. If one of you is contributing more to marketing and awareness and less to revenue, then you may prefer to pay you each the same even though the revenue you bring are different. It's up to you - it's quite literally your business. When you're not incorporated, then for tax purposes you split the income and the expenses according to your ownership share. If that doesn't seem fair to you, then a partnership is probably not as useful to you as being incorporated. In general, it's better to be incorporated once you're past any initial phase in which the business is losing money for tax purposes (acquiring depreciable assets) and the partners have taxable income from elsewhere (day jobs, or at least income from the earlier part of the year before starting the business.) I would recommend that the \"\"partnership\"\" phase of the business be very short. Get incorporated and get a shareholder agreement.\""}
{"_id": "155664", "title": "", "text": "I know, I also didn't do it justice. The guy came up with an attitude to start something. Like he was going to show us.   I'm not the one to flip out on service people. I also have worked my entire career over 20 years in the service industry. So I know what it's like to get shit on as a service person. I just have little tolerance for uncalled for hostility."}
{"_id": "155676", "title": "", "text": "I feel you. There are some good companies out there, but they all seem really expensive. I am 30% cash right now, stockpiling some dry powder for the next crash. But if everyone is doing what I am doing, well, there may not be a next crash."}
{"_id": "155677", "title": "", "text": "That is a loaded question but I'll give it a shot.  First things first you need to determine if you are ready to invest in stocks.  If you have a lot of high interest debt you would be much better served paying that off before investing in stocks.  Stocks return around 8%-10% in the long run, so you'd be better off paying off any debt you have that is higher than 8%-10%. Most people get their start investing in stocks through mutual funds in their 401k or a Roth IRA.  If you want to invest in individual stocks instead of mutual funds then you will need to do a lot of reading and learning. You will need a brokerage account or if you have a stock in mind they might have a dividend reinvestment plan (DRIP) that you could invest in directly with the company. You will have to compare the different brokerage firms to determine which is best for you.  Since you seem to be internet savvy, I suggest you use a discount brokerage that let's you buy stocks online with cheaper commissions.  A good rule of thumb is to keep commissions below 1% of the amount invested. Once you have your online brokerage account open with money in there the process of actually buying the stock is fairly straightforward.  Just place an order for the amount of shares you want.  That order can be a market order which means the purchase will occur at the current market price.  Or you can use a limit order where you control at what price your purchase will occur. There are lots of good books out there for beginners.  Personally I learned from the Motley Fool. And last but not least is to have fun with it.  Learn as much as you can and welcome to the club."}
{"_id": "155699", "title": "", "text": "\"A hundred different Indian sweatshops low bidding everyone. I would be surprised if any of those projects are ever successful or under budget, but the amateur clients don't seem to care, they just want \"\"the next Facebook\"\" built for $100.\""}
{"_id": "155701", "title": "", "text": "There is a large market where notes/bills/bonds are traded, so yes you can sell them later.  However, if interest rates go up, the value of any bond that you want to sell goes down, because you now have to compete with what someone can get on a new issue, so you need to 'discount' the principal value of your bond in order for someone to want to buy it instead of a new bond that has a higher interest rate. The reverse applies if interest rates fall (although it's hard to get much lower than they are now).  So someone wanting to make money in bonds due to interest rate changes, generally wants to buy at higher interest rates, and then sell their bonds after rates have gone down.  See my answer in this question for more detail Why does interest rate go up when bond price goes down? To answer 'is that good' the answer depends on perspective:"}
{"_id": "155703", "title": "", "text": "\"They have trillions in assets and hundreds of billions of equity and nearly 100 billion in yearly operating revenue.  These are not \"\"pay up now, in full\"\" either. As with all other fines, there is a \"\"payment plan\"\" option.   50B is nothing to sneeze at, but it's a storm BoA can easily weather.\""}
{"_id": "155711", "title": "", "text": "\"&gt; H1B's have a skillset that the locals do not.   Like \"\"working for 20% less than market rate\"\"  I've seen H-1Bs hired for a LOT of jobs that could easily be filled locally. The problem is that since the local folks have put in the time and effort to build their skillset and gain expertise, they have higher salary expectations than management wants to pay.   H-1Bs were designed for very niche or specialized or advanced expertise, not \"\"Journeyman level web designer who knows Angular.js\"\"\""}
{"_id": "155726", "title": "", "text": "The mesmerizing aroma that we witness while cooking is truly a joy, but when we look at these elements separately and the harm they can cause, it is seriously a concern. Some of these cooking by-products can be destructive. Steam, for instance, will condense on windows and inside exterior walls, leading to rot."}
{"_id": "155727", "title": "", "text": "\"&gt;I've found most of my personal success looking for work by way of the burgeoning technical recruiter industry - they know a bit more than an HR 'bot', either mechanical or human (haha), about the reality of technical requirements for a job and are able to find you if you just know where to place yourself.  Yes, that is another way \"\"around\"\" the HR bot-ery.  But it tends to be expensive (granted the \"\"company\"\" doing the hiring does the paying, but I can guarantee you that the cost inevitably comes OUT of the possible salary/benefits of the hiree).  &gt;Getting solicited for a job by way of your LinkedIn profile is a much easier way of finding work than the futile carpet-bombing of large corporate HR machines, no doubt.  Yes, alas... that seems to be about the only way that most people (including ironically enough college grads with HR &amp; MBA degrees) seem to think about jobs: the \"\"carpet bombing\"\" of HR departments combined with the continual scanning of \"\"jobs\"\" listings.  I want to weep every time some college grad tells me they were \"\"taught\"\" to use Monster.com (et al) as a *primary* means of obtaining a position.  I mean seriously, USE those research and networking skills that you claim to have to FIND a company that you WANT to work for, and then find a way to get a position in that company.  It is an ACTIVE thing, not a \"\"passive\"\" one.  People who do that tend to actually GET (one of the) jobs they want, rather than being \"\"stuck\"\" in something where... well, they were the first ones to make an offer...\""}
{"_id": "155732", "title": "", "text": "I think any job choice depends on the person.    If you're only willing to do 40 a week, you're not able to assign yourself tasks and complete them, aren't able to stick with a budget, can't talk to people, etc, not the kind of person who would do well as an entrepreneur."}
{"_id": "155733", "title": "", "text": "\"All of this was commonly discussed back then, it was in no way his singular vision.  And most aren't even really realized as he describes them.  \"\"Private websites\"\" for families are not common at all.  His idea of advertisement links in television aren't just handles of their twitter, he meant real links.  Online discussion boards centered on location or not (two items really?) were already well happening by then.  What a fluff article.\""}
{"_id": "155752", "title": "", "text": "If you are looking to buy a tri axle trailer then there are a few things that you must keep in mind when looking for the right products. These include increased capacity, better performance results and most importantly finding a reliable company to buy from."}
{"_id": "155770", "title": "", "text": "\"Well, really, we decided that we wanted a basic level of care, but ONLY if you're REALLY poor or old.  If you're working an okay job, then your employer must give you healthcare, unless they're too small, or really don't want to and make you work a few less hours so you get two part-time jobs.  The role of government in the markets is to manipulate incentives towards \"\"good\"\"(e.g. employing people) activities and away from \"\"bad\"\"(e.g. polluting) activities.  You really can't get that mad at companies for leveraging those incentives.  I've got a puppy right now.  If she misbehaves, it doesn't help me to punish her other than to make me feel better.  What fixes things, is to change my behavior so that she is rewarded for doing what I think is \"\"good\"\"(e.g. chewing her toy) not what I think is \"\"bad\"\"(chewing my shoes).  Sure, we can say, \"\"Bad Wal-Mart! Bad Company!\"\" but that's not going to do anything except make us feel better.\""}
{"_id": "155781", "title": "", "text": "Mentor For Business is a concept which has the potential to turn any business around and put it on the road to greater profitability. Offering you a tested range of growth-focused services professionally packaged by Pedram Mirza, Mentor For Business is like having a business partner totally committed to helping your business achieve more with existing resources."}
{"_id": "155797", "title": "", "text": "\"FSEMX has an annual expense ratio of 0.1% which is very low. What that means is that each month, the FSEMX will pay itself one-twelfth of 0.1% of  the total value of all the shares owned by the shareholders in the mutual fund.  If the fund has cash on hand from its trading activities or dividends collected from companies  whose stock is owned by FSEMX or interest on bonds owned by FSEMX, the  money comes out of that, but if there is no such pot (or the pot is not large enough), then the fund manager has the authority to sell some shares of the stocks held by FSEMX so that the employees can be paid, etc. If the total of cash generated by the trading and the dividend collection in a given year is (say) 3% of the share value of all the outstanding mutual fund,  then only 2.9% will be paid out as dividend and capital gain distribution  income to the share holders, the remaining 0.1% already having been paid to FSEMX management for operating expenses.   It is important to keep in mind that expenses are always paid even if there are no profits, or even if there are losses that year so that no dividends or capital gains distributions are made.  You don't see the expenses explicitly on any statement that you receive.  If FSEMX sells shares of stocks that it holds to pay the expenses, this reduces  the share value (NAV) of the mutual fund shares that you hold.  So, if your mutual fund account \"\"lost\"\" 20% in value that year because the market was falling, and you got no dividend or capital gains distributions either, remember that only 19.9% of that loss can be blamed on the President or Congress or Wall Street or public-sector unions or your neighbor's refusal to ditch his old PC in favor of a new Mac, and the rest (0.1%) has gone to FSEMX to pay for fees you agreed to when you bought FSEMX shares. If you invest directly in FSEMX through Fidelity's web site, there is no sales charge, and you pay no expenses other than the 0.1% annual expense ratio.  There is a fee for selling FSEMX shares after owning them only for a short time since  the fund wants to discourage short-term investors. Whatever other fees finance.yahoo.com lists might be descriptive of the uses that FSEMX puts its expense ratio income to in its internal management, but are not of any importance to the prudent investor in FSEMX who will never encounter them or have to pay them.\""}
{"_id": "155816", "title": "", "text": "The core idea behind this statement is that there is always money for what you prioritize. If you try to use whatever is left over after your bills for savings, you probably won't save very much if anything. In practice, you decide on a fixed amount of money you will save out of each paycheck and put that aside in an investment or savings account, then pay your bills out of what is left.  Essentially it is a way to counteract the tendency of your lifestyle rising to exactly meet your income and leaving nothing for savings."}
{"_id": "155840", "title": "", "text": "Are you looking for that place, from where you can buy the online fresh flowers at the lowest price. Rustic Posy flowers fulfil the customer\u2019s requirements. You should  find our best flower bouquets which is very attractive design in every flower gifts, and plants. Browse our best sellers or search for something different from Rustic Posy's extensive collection. Here, you can believe in every deal. We deliver the order at the door. So many our customers are very satisfied, because they get the order of the fresh flowers at the home without hesitation. If you want to save the time and money, then you have reached the right place. We have a good professional florist team that always design the unique and attractive flower gifts."}
{"_id": "155843", "title": "", "text": "\"Loan officer here. Yes. You pay the per diem. I'd recommend not paying it off for like 6 months. You can pay it down to basically nothing and then hold it for six months and pay it off. Better for credit. If it's a simple interest rate, most car loans are, multiply the current principal balance by the interest rate and divide it by 365. That's the per diem or daily interest. For example, \"\"10,000 dollar auto loan at 3%. 10000*0.03= 300. 300/365= 0.82. So each day the balance is 10k the loan cost 82 cents. So in a month, your first payment is 100 dollars, 24.65 goes to interest 75.35 goes to principal. Then the new principal is 9924.65. So the next month, another 30 days with the new per diem of 0.815, the 100 payment is 75.50 in principal 24.50 in interest and so on.\""}
{"_id": "155845", "title": "", "text": "http://memecrunch.com/meme/28J85/good-luck-with-that/image.jpg  Still won't be enough of a discount. Walmart is number 1 for groceries in America with 25% of the lions share - and Millenials prefer Walmart over any other retailer.   Just wait in 2 qtrs, you will see Amazon rush to lower prices even more in order to turn a profit..."}
{"_id": "155847", "title": "", "text": "\"First, your employee needs to work out his contribution limit for the year. Because he was eligible for a few months, his limit will be prorated. See this post for details on how to calculate the prorated limit.  Once he determines his contribution limit, you'll know how much needs to be taken out. You (or he) can do an excess contribution withdrawal to remove the extra contribution without penalty. See this post for more details. If he has already spent some or all of the extra contribution, talk to the HSA custodian. They may be able to reclassify some of his distributions as excess contribution withdrawals. You won't get the money back, but it will avoid the penalty. Your employee would then need to add the extra as \"\"other income\"\" on his tax return so he can pay tax on it.  You have until April 15 to remove the excess HSA contributions. If you are unable to do it by then, the penalty to your employee is 6% (Source: Pub 969) on the excess that is not removed, in addition to the income tax.\""}
{"_id": "155857", "title": "", "text": "\"&gt; So depending upon location it can be incredibly inexpensive.  Yeah, places where it isn't going to flood.  I have something like $8k flood coverage with $5k deductible on an elevated condo unit, and it is about $450/year. As a city official told me, \"\"if that place gets flooded, we're all dead.\"\" And yet here I am throwing away money due to shitty regulations.\""}
{"_id": "155871", "title": "", "text": "Price and value are two different things. Price is determined by supply and demand. Value does affect the demand. People are willing to pay more if they value the item more but value is not price."}
{"_id": "155876", "title": "", "text": "Depends on your company, I guess, because FP&amp;A in our company doesn't do a significant amount of accounting. Take all of this with a grain of salt because I haven't been in the FP&amp;A group, but if I were to rank how much accounting work is done by each finance group from most to least it would be [insert outsourced AP/AR/etc. here], controllers, tax, finance in the business (like embedded in another group), treasury, FP&amp;A, then trading.  Your company may be different, but in my company the FP&amp;A team isn't really booking entries, even if they're looking into a lot of GL accounts to aid in their work. Are you trying to avoid SAP altogether, or do you want to stop doing research in it, or do you just want to stop booking debits and credits? Because almost every lower level role in finance as a whole is at least going to have the research and data gathering part in system, and that's primarily the extent of what FP&amp;A does as far as their work in SAP. Treasury has more responsibility in SAP/other systems because we actually have to go correct entries or make some payments on occasion."}
{"_id": "155880", "title": "", "text": "While there are lots of really plausible explanations for why the market moves a certain way on a certain day, no one really knows for sure.  In order to do that, you would need to understand the 'minds' of all the market players.  These days many of these players are secret proprietary algorithms.  I'm not quibbling with the specifics of these explanations (I have no better) just pointing out that these are just really hypotheses and if the market starts following different patterns, they will be tossed into the dust bin of 'old thinking'. I think the best thing you can explain to your son is that the stock market is basically a gigantic highly complex poker game.  The daily gyrations of the market are about individuals trying to predict where the herd is going to go next and then after that and then after that etc. If you want to help him understand the market, I suggest two things.  The first is to find or create a simple market game and play it with him.  The other would be to teach him about how bonds are priced and why prices move the way they do.  I know this might sound weird and most people think bonds are esoteric but there are bonds have a much simpler pricing model based on fundamental financial logic.  It's much easier then to get your head around the moves of the bond markets because the part of the price based on beliefs is much more limited (i.e. will the company be able pay & where are rates going.)  Once you have that understanding, you can start thinking about the different ways stocks can be valued (there are many) and what the market movements mean about how people are valuing different companies. With regard to this specific situation, here's a different take on it from the 'priced in' explanation which isn't really different but might make more sense to your son: Pretend for a second that at some point these stocks did move seasonally.  In the late fall and winter when sales went up, the stock price increased in kind.  So some smart people see this happening every year and realize that if they bought these stocks in the summer, they would get them cheap and then sell them off when they go up.  More and more people are doing this and making easy money.  So many people are doing it that the stock starts to rise in the Summer now.  People now see that if they want to get in before everyone else, they need to buy earlier in the Spring.  Now the prices start rising in the Spring.  People start buying in the beginning of the year... You can see where this is going, right?  Essentially, a strategy to take advantage of well known seasonal patterns is unstable.  You can't profit off of the seasonal changes unless everyone else in the market is too stupid to see that you are simply anticipating their moves and react accordingly."}
{"_id": "155885", "title": "", "text": "\"I think the nuance you're introducing here is probably as close as you're going to get to acknowledging Bitcoin's price action isn't \"\"just\"\" about \"\"chinese money\"\", despite your first comment on the topic.  If you're predicting that Bitcoin's market value will take a hit when China announces restrictions on bitcoin or its surrounding ecosystem, you're spot on. Bitcoin already takes a nosedive whenever China makes a sneezing noise that vaguely sounds like \"\"bitcoin.\"\"    But high volatility is not the same thing as collapsing. If you're waiting for a bitcoin collapse, don't hold your breath while doing so.\""}
{"_id": "155899", "title": "", "text": "\"This article acts like it's the fault of the person for not making enough money to pay for rent, food, insurance, and gas - \"\"Surely if I just tried hard enough I could make $280,000 a year and put 30% of it into investments.\"\"  No financial software is going to change the labor market.\""}
{"_id": "155908", "title": "", "text": "\"All of their recommendations... are about 3 decades too late.  The resistant strains that are currently such a major problem (MRSA, VRSA, VRE, etc) were \"\"bred\"\" for the most part back in the 1960's (they actually pre-existed antibiotics, but the use/abuse of antibiotics \"\"clear the ground\"\" of other bacteria and allow them to proliferate).  What then happened is that the medical industry engaged in a combination of ridiculously sloppy hygiene (see they didn't need to worry about things like washing hands between patients, because they could always just pump people full of yet another \"\"wonder drug\"\" antibiotic) AND they also engaged in \"\"cover their arse\"\" denial (and self-delusion) -- which allowed the proverbial monkey to get out of the cage.  Yes, later antibiotic usage in animals to cause inordinate weight gain (really only needed in artificially *confined* animals, who by definition have suppressed immune systems and generally gain weight *slower* than non-confined animals) -- has worsened the situation as far as ANIMAL infections (which despite the scaremongering, seldom crossover into humans) -- but...  The REAL problem with the future viability of antibiotics in human, lies **entirely** at the feet of the medical profession (and this kind of PR attempt to \"\"blame someone else\"\" is utter BS).\""}
{"_id": "155910", "title": "", "text": "Not even close.  PnL is part of the job requirement.  Past performance is not indicator of future results.  Sound familiar?  If you were successful managing a multi-asset 200 mio portfolio making 20-25%/year at Fortress... It will be quite a bit more respected than coming out of some 10 person prop shop on the west coast managing 5mio single asset making 25-30%.    Not to mention just the proximity to the street permits the networking that is most essential for opening these doors in the first place."}
{"_id": "155911", "title": "", "text": "\"1. \"\"The search for clean cash\"\" by David Kaiser:  http://hdl.handle.net/1721.1/106164  2.  \"\"Science, The Endless Frontier\"\" by Vannevar Bush, July 1945: https://www.nsf.gov/od/lpa/nsf50/vbush1945.htm and https://www.nsf.gov/about/history/nsf50/vbush1945.jsp  3. Manhattan Project history: #5b and #5c at https://www.reddit.com/r/worldpolitics/comments/5b9bza/the_political_system_of_the_usa_is_characterised/dfztjvv      Source: https://www.reddit.com/r/worldpolitics/comments/5b9bza/the_political_system_of_the_usa_is_characterised/d9mq22q      Via: #1 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006 via #26 at https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z\""}
{"_id": "155916", "title": "", "text": "\"What you said was:  &gt; glad to have people skimming billions of dollars from the economy with exactly zero added value  How is that different from what happens in the absence of algo trading?  Why does \"\"on the matter of minutes\"\" matter? Is on the matter of hours acceptable to you?  What I know is that 30 years ago, before the rise of algos, human market makers quoted in 8ths and regularly backed away to quarters. If they sensed some information asymmetry or just didn't like your shop, they might not even pick up the phone. The presence of entities that increase volume and thus price discovery, collapse that spread, encourage competition and innovation is beneficial, unless you're ideal economic model is some slow-moving, $-capturing brokerage oligopoly.  Given that, it's on you to bring forward a model that demonstrates some magical specific sub-daily timing is ok but some other speed is \"\"bad\"\".\""}
{"_id": "155917", "title": "", "text": "I have been doing e-filing and I get the return in my account in 10 to 14 days over the past couple of years. It is worth the e-filing cost to get my money back a month faster."}
{"_id": "155922", "title": "", "text": "A loan from a bank with no real purpose could be a bad idea and end up costing you more money than it needs to. As someone with a loan and credit card debts accrued over university, I would say avoid it if at all possible. Certainly don't sign up to a large loan if you have no current plans for the money (car, house repair, etc). It sounds as though you're fairly careful with your money, but just want a bit of extra security in case a purchase you didn't account for slips by. If this is the case and you're set on obtaining a source of credit, I'd suggest getting an overdraft if you haven't already. Overdrafts are a lot more flexible, and are better for short term debt that you plan to pay off immediately, such as unexpected charges coming in at the end of the month.  It's worth mentioning that this is from the perspective of a UK banking customer. Overdraft conditions will vary depending on the country."}
{"_id": "155957", "title": "", "text": "As the referenced document says, there are 3 formulas, and you need to use the formula which results the greatest margin requirement. In your case, you need to use the 10% formula:"}
{"_id": "155960", "title": "", "text": "\"Bankruptcy is a way to the fiat currency system to regulate itself.  The current system assume that there will always be more debts than money available.  Since money is created with debt already attached to it, the difference between \"\"real\"\" money, and \"\"on paper\"\" money build up over time.  When this disparity become to big, bankruptcies need to occur to bring those two number closer to each other.    It's like earthquakes if you like, the tectonic plates build up tension that need to be released in many small shocks, or a few big shocks.  The everyday bankruptcies represent the small quakes, and big recession represent too much build up that need to be released in one big shocks.    It's a very high level explanation and it doesn't go into details, but it's roughly why it happens.    EDIT: I wasn't saying that it was bad or not, I was simply explaining bankruptcy and why it's bound to happen.  If you don't like the analogy, it's no reason for downvote.  I know it may not be clear for everyone, but if you do not agree, please explain yourself.\""}
{"_id": "155964", "title": "", "text": "\"I work for an international real estate consulting firm in Shanghai. After graduation I worked in their Research Department for two years before switching to Commercial Brokerage 3 months ago.  Since my background was in Economics, I had to learn a lot about how the industry worked. I found this book to be very helpful:  \"\"Commercial Real Estate Analysis &amp; Investments\"\" by David Geltner.  I will admit that it's probably more than what you want to know, but it seriously gives an in depth breakdown of the entire industry.   About one year into starting, a major Real Estate iBank commissioned our company to due diligence on an office building acquisition in Shanghai. I was the only person capable of doing it as everyone else was either busy or couldn't speak English properly. With 1 year under my belt in Research and that book, I took the entire thing on. Had to walk into that meeting by myself with all the big wigs from New York, London, Hong Kong and Shanghai questioning every single number and assumption. I fucking nailed it. While credit towards understanding the market through work is deserved, a lot of the development of that report came from constantly consulting that book. It's worth every penny if your interested in commercial real estate investment.  That being said, if you want to track deals, the best place is called Real Estate Capital Analytics. Unfortunately you have to fork over a decent amount of cash to get access. For your situation I would recommend the following:  - \"\"The Urban Land Institute &amp; PwC Emerging Trends in Real Estate\"\": I believe you need to be a member but I can always find it online for free.  - Brokerage firms: I work in one and we cover residential, commercial and retail reports on cities throughout the world (I actually wrote the ones for China for two years). You can find a wealth of information in them. If you are seriously looking at buying with capital, call up the research department and ask if they have some time to discuss the market face to face; if you don't have capital, they won't talk to you. Fortunately however, most let you download their reports for free from their website so here's the list of the major ones in the US: CBRE, Colliers, CRESA, Cushman &amp; Wakefield, Jones Lang LaSalle, etc.  - The Loop - www.loopnet.com has a wealth of information from Commercial properties on the market to previous deals.  Please let me know if I can further advise.\""}
{"_id": "156001", "title": "", "text": "In general if there are no transactions for several years a bank will close the account. In my experience they also send at least one warning notice. If they do close the account they send it to the state. Each state has an unclaimed property office. You can contact them regarding the procedure to get the money. If this money was just turned over to the state there may be some lag time before you can get it back. Two notes: the state government doesn't charge a fee to get your money back. Don't pay a company a finder's fee. bank account's owned by minors don't have the same activity requirements as those owned by adults."}
{"_id": "156014", "title": "", "text": "\"Yeah, I understand that is a nebulous term, akin to stopping \"\"pork\"\" in various bills. However, getting back to that Economist article, this really stood out to me:  &gt; America\u2019s corporate tax has two horrible flaws. The first is the tax rate, which at 35% is the highest among the 34 mostly rich-country members of the OECD. Yet it raises less revenue than the OECD average thanks to myriad loopholes and tax breaks aimed at everything from machinery investment to NASCAR race tracks. Last year these breaks cost $150 billion in forgone revenue, more than half of what America collected in total corporate taxes.  I'm not clear on where they got that number, but assuming it is true, there are certainly plenty of places we could start if we were to lower the tax rate to a sane level.   Also, I still don't see how just lowering the tax rate and removing the repatriation tax on foreign earned profit would truly disincentivize inversion. If there are countries like Bermuda still out there with say, random number here, a 5% corporate tax, wouldn't the incentive still exist?\""}
{"_id": "156019", "title": "", "text": "\"Adam Davis's answer is pretty good. However, I think he misses something with regard to the costs of a funeral. According to funeralplanning101.com, a traditional funeral can cost upwards of $15,000. Having just planned and paid for a funeral for an adult, I can assure you that this figure is low. I've heard \"\"$10,000 - $30,000\"\", and that seems a reasonable ball-park given my experience. Additionally, grief affects people differently. If your child died, would you be able to continue work afterwards? Most people can, but some people have to take extended leave (generally with no income) because of the emotional impact. Combined, these expenses can easily outstrip the savings for an average family. Almost by definition, insurance is not cost-effective; insurance companies profit by selling it to you, after all. But you may decide that it is appropriate to mitigate your risk by buying insurance. I do not have children and would likely not choose to insure them if I did. Nevertheless, other people may reasonably choose differently.\""}
{"_id": "156021", "title": "", "text": "\"Give a poorest person money and they will be pretty much guaranteed to spend it.  This creates demand.  Give a rich person money and what?  It will be preferably used to generate some sort of rent -- that is it will give the rich person more money and give us less; because the price of something we need has gone up.    *edit -- I slogged through every page of \"\"Wealth of Nations.\"\" Adam Smith spends about half the book talking about the problem of rents.  It seems even truer now.\""}
{"_id": "156023", "title": "", "text": "Another approach, albeit slow:  Buy something that's free after rebate. Upsides:  Low cost.  (Stamps, envelopes) Downside:  Slow, hard to get an exact match on the amount of the card."}
{"_id": "156029", "title": "", "text": "That is the standard set by most securities exchanges: T+3 : trades complete three days after the bargain has been struck."}
{"_id": "156050", "title": "", "text": "Image Wizards provides Fine Art and Large Format Printing Services. Order Metal Prints and see the quality. For more information, visit: Image Wizards, LLC, 105 Rogers Road Lexington, NC 27292, US or Call us at: 336-283-8679  Webiste: https://www.imagewizards.com/order/"}
{"_id": "156051", "title": "", "text": "If you have previously made a contribution during that tax year, you can pull it out and re-add it as often as you need until the deadline for that tax year (April 15 of the following year.) This assumes your gross income isn't high enough to exclude you from eligibility for new contributions--in 2017 the phase-out starts at $118,000 and it is completely phased out at $133,000. Within 60 days of distribution, you can re-contribute up to that amount, but you are only allowed one such 60 day rollover per year."}
{"_id": "156055", "title": "", "text": "They would get caught on other crimes, and then rat you out for immunity.  Happened to a lot of people in history.    And your friends are probably unavailable for crime for the same reason you would trust them:  They have values.  For doing crime you would need a definite antisocial streak, and that would imply you would be more likely to betray partners.    Come to think of it, finding trustworthy accomplices would be really difficult unless you have already good connections to the underworld.  People not used to criminal activities probably would do mistakes, or face psychological tension.  And it's not like you could make a craigslist classified and make applicants go through an assessment centre.  If you have close friends who would all be willing to go for it, maybe, but then parting ways might raise suspicion.."}
{"_id": "156058", "title": "", "text": "\"As somebody who just went through making these arrangements, I got the title right away.   I understand is a business, but when you got fees for \"\"bringing flowers to the grave\"\" then you know you're in for a scam. Best part is when you tell them, \"\"well, look, I want the most economical cremation box.\"\"   Yes, we have one that's only 100 dollars, but you're not able to put any engraving on it.   And how much is the one where you can put an engraving on...  oh, those start at 200 dollars, but on those, we can just put the name; people love to put a dedication, and those urns start at 250, and they go up depending on the dedication...blah blah blah....  I mean, wtf; i think we paid 50 bucks to have  a tropy engraved, and you're going to tell me an urn is minimum 200 dollars, and price increases the more text you engrave?   Anyway...yea, is really a fucking pain in the ass to go to these places. Is like buying a car, but man, fucking worse cause you're all stressed out dealing with death and all the family drama. I just wanted to go in, go out. Nope, spent at least 1 an hour trying to get upsells.  And then these assholes tell you, we are very understanding and compassionate, we will help you in makign the right decision. More like, we will try to steer you to make the most expensive arrangement. Bunch of fucking assholes.\""}
{"_id": "156063", "title": "", "text": "If you are freelancing, the best form for you is ITR-4. With this form you can declare your salary income as well as your expenses related to your freelancing.  And you should treat your freelancing income as business. That way you can get max deductions claimed."}
{"_id": "156070", "title": "", "text": "I worked in two open office space environments. It is hard to focus when people are eavesdropping in and commenting on your desk conversations and phone calls, and you'd just like privacy to do your work without scrutiny by prying colleagues.  When you are in a coffee shop or coworking space, people have completely different companies or projects to focus on. I'd rather a quiet working space, but I'd also rather coffee shop/coworking over an open office space any day."}
{"_id": "156076", "title": "", "text": "They just spun off their consumer credit card portion that handles store charge cards. Synchrony Financial just IPOd, rather quietly (but still the biggest ipo of the year) at that. They've got a ton of money to throw around too."}
{"_id": "156092", "title": "", "text": "I think what you're asking is,  Can I buy 1000 shares of the stock at $1.  For $1000.   it goes up to $2, then sell 500 shares of the stock with proceeds of $1000, now   having my original $1000 out of it, and still owning 500 shares.    And that not create a taxable event. Since all I   did was take my cost basis back out, and didn't collect any gains.   And then I want to repeat that over and over. Nope, not in the USA anyway.   Each sale is a separate taxable event. The first sale will have proceeds of $1000 and a cost basis of $500, with $500 of capital gains, and taxes owed at the time of that sale. The remaining stock will have a cost basis of $500 and proceeds of whatever you sell it for in the future. The next batch of stock will have a cost basis of whatever you pay for it.   The only thing that works anything like the way you're thinking, is a Roth IRA...   You can put your cost basis in, pull it back out, and put it back in again, all tax free.   But every time your cost basis cycles in, that counts towed your contribution limits unless you do it fast enough to call it a rollover."}
{"_id": "156097", "title": "", "text": "Congrats on making it this far debt free. It is rare, but nice to be in the situation that you are in.  The important thing here is that you want to remain debt free. That's really what the emergency fund is all about: it keeps you from needing to go into debt should something unexpected happen.  You've got 1.5 months worth of expenses saved up, and that's great. If you don't have a family or other responsibilities, that might be enough, but think about this: how are you paying for school, and what would happen if those funds stopped coming in? If you are paying for school out of your own income, what happens if you lose your job? If someone else, perhaps your parents, is paying for school, what happens if they are suddenly no longer able to do so?  While you have extra cash, you want to be saving it up for situations like this.  If I were you, I would build up that emergency fund until it got to the point where it could pay all your expenses and tuition until graduation. Hopefully, you won't need to touch it, but it will be there if you need it.  Since you need to be able to access your money quickly, it is generally recommended to park this money in a savings account, where it is very safe. Mutual funds are a great way to invest, but they are not safe in the short term.  Don't stress out about not being able to start retirement investing just yet. Making sure you can finish school debt free is the best investment you can make right now. After you graduate and land a job, you can start investing aggressively."}
{"_id": "156116", "title": "", "text": "Companies will keep their wages as low as possible and would rather sacrifice the quality of people, hiring incapable/ ill-suited people. Then in order to further reduce costs many corporate offices will pass down that payroll needs to be reduced, so those people who couldn't do one person's job then do the job of two or three. Then burn out quickly and the cycle repeats. Been in service too long. You see this everywhere."}
{"_id": "156143", "title": "", "text": "It is also possible that the settlement company didn't tell the local government where to send the new tax bill. This would worry me because what else was missed regarding filing the proper documents with the lenders and the local government. It could also be a problem with the local government. Contact the settlement company or your attorney to get the issue resolved. If you owe the money you want to know; if the new owner owes the money they don't want to face a tax lien because the settlement company made a mistake. Generally this is split between the parties based on the number of days each will own the home. At settlement the money should move from one party to the other based on what has been deposited into escrow and when the actual bills are due. For example the payment for the first half of the year due July 1st may be sent in June. If the settlement was in June The new owner would give money to the old owner. But if settlement was in early July Money would move the other way."}
{"_id": "156162", "title": "", "text": "They call you because that is their business rules. They want their money, so their system calls you starting on the 5th.  Now you have to decide what you should do to stop this. The most obvious is to move the payment date to before the 5th. Yes that does put you at risk if the tenant is late. But since it is only one of the 4 properties you own, it shouldn't be that big of a risk."}
{"_id": "156180", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://promarket.org/rise-market-power-decline-labors-share/) reduced by 90%. (I'm a bot) ***** &gt; A new paper argues that the decline of both the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been aided by a significant increase in markups and market power.  &gt; A new paper by Jan De Loecker and Jan Eeckhout echoes these results, arguing that the decline of both the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been aided by a significant increase in markups and market power.  &gt; In recent years, a growing body of literature has linked the rise of market power to several adverse economic trends, such as the decline in new business start-ups, diminishing competition, and rising income inequality.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6u9l6e/the_rise_of_market_power_and_the_decline_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~192969 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Markup**^#1 **Loecker**^#2 **market**^#3 **increase**^#4 **decline**^#5\""}
{"_id": "156181", "title": "", "text": "If you are the beneficiary of an annuity, you might receive a single-sum distribution when the annuity owner dies. The amount of this death benefit might be the current cash value of the annuity or some other amount based upon contract riders that the owner purchased. The tax on death benefits depends on a number of factors. Death benefits are taxed as normal income. Unlike other investments, the named beneficiary of a non-qualified annuity does not get a step-up in tax basis to the date of death. However, that doesn't mean the beneficiary will have to pay taxes on the full amount. Because the purchaser of the annuity made the investment with after-tax dollars, only the amount attributable to investment income is taxed, but it will be taxed as ordinary income and not enjoy any special capital gains treatment. When there is a death benefit that exceeds the value of the account, that additional amount is also taxed as ordinary income.  Taxes on annuities depend on several circumstances: For more information on distribution of inherited annuities and taxes - go to Annuities HQ-- http://www.annuitieshq.com/articles/distribution-options-inherited-annuity/ they go into details that could help you even more.  One thing that Annuities HQ points out is if you take the lump sum payout, you may be pushed into a higher tax bracket.  Along with doing research I would also contact a financial advisor!"}
{"_id": "156186", "title": "", "text": "&gt; ...but don't point a gun at someone and just take it.  You ordered government services through elections which included an agreement to pay taxes for them.  Do you also equate paying the check at a restaurant as larceny?"}
{"_id": "156187", "title": "", "text": "Pretend it was a gift all along, be happy that you could help out your family when they needed it and remember your lesson for the future."}
{"_id": "156194", "title": "", "text": "Cap rate includes any interest on the mortgage and not the repayments of the mortgage. Cap rate represents the net income which is the gross rent minus all costs, including the interest on the loan. Mortgage repayments form part of your cash flow calculations not your return calculations. ROI is a calculation which works out your net income over the initial investment you made, which is you downpayment plus costs and not the value of the property."}
{"_id": "156195", "title": "", "text": "It has nothing to do with forcing people to pay off their debt; in that case it would make better sense to have people pay off debt rather than interest. It is because you want to have your actual payment stay the same each month, which is easier for the vast majority of people to comprehend and put into their budget. It is called an annuity in Finance terms. In theory you could use another method - eg. pay of the same amount of debt each month - then your interest payments will decrease over time. But in that case your monthly payment (debt + interest) will not be stable - It will start of high and decrease a little bit each month. With an annuity you have a constant cashflow. In Finance you generally operate with three methods of debt repayment: Annuity: Fixed cashflow. High interest payment in the beginning with small debt payments - later it will be reversed. Serial loan: Fixed debt payments. Debt payments are equally spread out accross the period - interst is paid on the remaining debt. Cash flow will decrease over time, because interest payments become smaller for each period. Standing loan: You only pay interest on the loan, no debt payments during the period. All debt is payed back in the end of the loan. In Europe it is common practise to combine a 30 year annuity with a 10 year standing loan, so that you only pay interest on the loan for the first 10 years, thereafter you start paying back the debt and interest, the fixed amount each month (the annuity). This is especially common for first-time buyers, since they usually have smaller salaries early in life than later and therefore need the additional free cash in the beginning of their adult life."}
{"_id": "156211", "title": "", "text": "\"Extrinsic value is not a factor with respect to gold.  Intrinsic value by definition is the natural value of a commodity set by the market -- extrinsic value is externally set. The \"\"extrinsic\"\" value of gold in the United States is $50/oz. If the market value of gold fell below $50/oz, a US American Eagle coin would be worth $50 in the US. If you take away the attributes that make a commodity valuable, the value drops. Substitutes of equal or better quality for most industrial or other uses of gold exist, so if if the popularity of gold declines, or if the hoarders of gold have to liquidate, it's value will diminish. I have no idea what that value would be, but it would set by the market demand for gold jewelry and other valuable industrial uses.\""}
{"_id": "156214", "title": "", "text": "You're absolutely right - comforts in and of themselves are not everything, and certainly not an excuse to withhold freedoms or any of the other points noted in the list. That said, will all the others covered, comforts can be the icing on the cake."}
{"_id": "156234", "title": "", "text": "\"It is explained on their website.  Just look for the word \"\"routing\"\" on the Features page: Choose Your Venues Liquidity Pools Group 1: Bats Europe Group 2: Liquidity Partner (LP) Add this group to access dark pool liquidity. Group 3: Exchanges and MTFs Choose to access additional Exchanges and MTFs across Europe.\""}
{"_id": "156240", "title": "", "text": "Coin regardless of the metal content proportion, all have intrinsic and face value. The more the silver and gold presence in coins the more the value. Pure Nickle and copper coin have intrinsic value. The more zinc, and manganese presense in coin the less value the coin becomes."}
{"_id": "156253", "title": "", "text": "At 19 years old you can and should be investing to see your money grow over the years. Reinvesting the dividends does get to be pretty significant because they compound over many years. Historically this dividend compounding accounts for about half of the total gains from stocks. At 70 years old I am not investing to see my money grow, although that's nice. I am investing to eat. I live on the dividends, and they tend to come in fairly reliably even as the market bounces up and down. For stocks selected with this in mind I get about 4% per year from the dividends."}
{"_id": "156259", "title": "", "text": "\"&gt; The laws just mean you can't make your decision on the basis of religion. Make your decision because they don't interview well, they can't do the job, they have poor qualifications, etc.  Which means people are being forced to lie and make up excuses to hide the real reason they don't want to hire someone.  &gt; Substitute, say, \"\"black people\"\" for the reference to religious expression and you see where this is a problem. Paraphrased, you've got: \"\"Why should I be forced to hire black people who I fundamentally oppose (and do not wish to support, however indirectly via a paycheck), why is their right to be black more valid than my right to not like black people?\"\"  There is a MORAL problem with this insfar as I object to bigotry.  There should not, however, be a LEGAL problem with it.  If the local bigot business owner does not wish to serve blacks, they shouldn't be forced to do it - it is THEIR business. They took the risk, they pay the bills, and they should be free to hire, fire, and serve whomever they wish as long as they to not use fraud, force, or threat to do so.    if you think otherwise, then you're asking goverment to be in the morality business and this does not end well.  it is EXACTLY because of this that we see the right trying to enforce morality codes when they are in power, the left trying to enforce some version of fairness codes when they are in power.  I want one code: a code liberty that applies to everyone equally.  Yes, that means there will be bigots that do not serve blacks or gays.  But it also means that I can start a business, hire whom I wish, serve whom I wish, and thereby create community-specific value.\""}
{"_id": "156264", "title": "", "text": "\"I think Amazon wants to compete with Walmart the same way Target competes with Walmart.   California Walmarts are depressing. Target offers a somewhat better store with a little better products. My personal experience at Grossmont Center in La Mesa, where a target and a Walmart are anchor stores at either end of a mall, the difference is striking.   I assume (not having shopped at Whole Foods) that Whole Foods has a lot of products that people love. I also assume they are spending a ton on stocking a lot of pricey items that don't move. They might also have whole sections that loose money that may be more trouble than they are worth - the former owners may have thought they drove foot traffic, but Amazon may think otherwise.   In retail, the opportunity cost of having shelves full of crap no one buys is huge. The idea that shelf space is precious cannot be overstated. Amazon wants to use that badly-used shelf space for other stuff they know moves. Products they sell online already. Products their online stats says people who buy similar Whole Foods goods also buy. This means \"\"cheaper retail products\"\" - but I don't think it means expired yellow cake mix and a 30lb bucket of lard.\""}
{"_id": "156297", "title": "", "text": "\"Do you have the felling this is going to get much much worse before it gets better? I mean, Greece is going through with austerity measures and will be cutting gov't spending and raising taxes again. They will be cutting over 150,000 gov't workers, pensions cut, etc. How are they ever going to grow? If Spain and Italy follow in this practice, I see another \"\"loss decade\"\" just like Japan went through. If not a total EU collapse.\""}
{"_id": "156301", "title": "", "text": "You didn't answer my questions above, but the biggest factor if the two interest rates are similar is what it will cost you for mortgage insurance if you do not include a 20% down-payment on your next house purchase. I would take the extra money from the proceeds of the other sale to get to a 15-year loan on your next house, then put all of your extra money into paying down the student loans ahead of the 7 year schedule."}
{"_id": "156326", "title": "", "text": "Wow, I had never heard of this before but I looked into it a bit and Mikey was spot on. It seems that if you don't pay attention to the fine print when making credit card purchases (as most of us tend to skip) many companies have stipulations that allow continued charges if they are recurring fees (monthly, yearly, etc.) even after you have cancelled the card."}
{"_id": "156337", "title": "", "text": "\"Since these are specific items that you don't really want to buy, it might help to figure out what you could spend that money on that you DO really want. It sounds like right now you are thinking \"\"Wow, I can get this widget (that I don't really want) for so cheap with this discount code!\"\" Try changing your thinking to something along the lines of \"\"This widget is pretty cool, but I could buy this doodad that I really want instead\"\" or \"\"This widget is nice, but if I don't buy it, I could have a latte every other day this month.\"\" I've found this to be a very effective technique-- and I often don't end up buying the doodads or lattes either. It's just a good way to put the cost of your purchase in perspective. The other thing I do when I want something is to write it down and revisit it a week or so later. If I still want it and I still have the budget for it (and especially if I've skipped other purchases to save up for it), then I buy it. That advice doesn't sound like it will work for you though, since it sounds like you've wanted to buy these things for a long time. So... are you REALLY sure you don't want them, or do you just not want to want them?\""}
{"_id": "156345", "title": "", "text": "The idea was to not make the same mistake Meredith Whitney did. You don't have to agree with me but I'm also not going to slap a specific date on it.  Calling out structural flaws is one thing, and trying to put an exact date onto it is another exercise entirely.   It's like pointing out the financial jeopardy the US government is in. At the current rate of debt increase we've been seeing we're guaranteed to face massive inflation eventually. The only way to stop this from happening is to have a fundamental mindset shift in Congress. *But* I'm not about to attach a date onto when this will happen because there are just too many variables for me to figure out when it's going to happen.  Like I said earlier, Whitney's only mistake was to slap a date onto her call."}
{"_id": "156356", "title": "", "text": "What's your opinion of the rising student loan debt?  It keeps going up, is that realistic and sustainable?  It looks like it could be a possible bubble to me, especially considering private investors take on little risk because the loans cannot be discharged in bankruptcy."}
{"_id": "156358", "title": "", "text": "Pre-Enron many companies forced the 401K match to be in company shares. That is no longer allowed becasue of changes in the law. Therefore most employees have only a small minority of their retirement savings in company shares. I know the ESOP and 401K aren't the same, but in my company every year the number of participants in the company stock purchase program decreases. The small number of participants and the small portion of their new retirement funds being in company shares would mean this spike in volume would be very small.  The ESOP plan for my employer takes money each paycheck, then purchases the shares once a quarter. This delay would allow them to manage the purchases better. I know with a previous employer most ESOP participants only held the shares for the minimum time, thus providing a steady steam of shares being sold."}
{"_id": "156381", "title": "", "text": "I can't see how you can deduct your mother's loss. The money was not stolen from you, and you gave money to your mother of your own free will and with full intention of the money to be used by her as she wishes. Moving money from your own account to a joint account allowing the joint holder to use it - is akin to giving the money directly to the joint holder, i.e.: in your case, giving a gift to your mother."}
{"_id": "156387", "title": "", "text": "\"I am no business expert, but I know that their branding and licensing is good because it makes kids demand it \"\"because frozen\"\" but parents are reluctant to buy the same old \"\"one big piece with some bolt on blocks\"\" sets where you aren't *really* building anything. It lacks the creativity since they made it more difficult to just buy a tub of blocks. I struggled to find legos one year where it wasn't some smartly branded yet completely cold and bland set.\""}
{"_id": "156391", "title": "", "text": "They are certainly only suggesting that the money you pay to recycle the bulbs is tax deductible as a donation, assuming that they are indeed a 501(c)(3) non-profit. Donations of goods are only deductible at fair market value. Light bulbs that no longer light up have no market value, so only the payment could possibly be deductible."}
{"_id": "156398", "title": "", "text": "\"There are two things going on here, neither of which favors this approach. First, as @JohnFx noted, you should be wary of the sunk-cost fallacy, or throwing good money after bad. You already lost the money you lost, and there's no point in trying to \"\"win it back\"\" as opposed to just investing the money you still have as wisely as possible, forgetting your former fortune. Furthermore, the specific strategy you suggest is not a good one. The problem is that you're assuming that, whenever the stock hits $2, it will eventually rebound to $3. While that may often happen, it's far from guaranteed. More specifically, assuming the efficient market hypothesis applies (which it almost certainly does), there are theorems that say you can't increase your expected earning with a strategy like the one you propose: the apparent stability of the steady stream of income is offset by the chance that you lose out if the stock does something you didn't anticipate.\""}
{"_id": "156405", "title": "", "text": "Not sure where the confusion is coming from - software/digital/intangible goods are just like any other product, with regard to VAT. Turns out it's being made complicated by HMRC... Anyone would think they enjoy making everyone who collects tax for free on their behalf a crook! You charge customers everywhere in the EU VAT and pay it to HMRC, the only exception being customers outside the UK who can provide you with a VAT number. For these customers you are free to not charge VAT, as it's assumed they would be reclaiming it in their home country anyway. The above is true until 2015, when the rules become more relaxed - you will not need a VAT number from customers outside the UK in order to exempt yourself from collecting VAT. Turns out you need to be part of the MOSS scheme (more here) which was set up to prevent you having to register for VAT in every country you sell your software. Unless you only sell through app stores, and then it's easier because each sale is treated as you selling your software to the store for it to be sold on. You can reclaim all VAT on your eligible purchases in the UK, just as any other UK VAT registered business would (usual rules apply). And of course you don't collect VAT from anyone outside the EU, so you can either reduce the price of your software or pocket the additional 20%."}
{"_id": "156444", "title": "", "text": "\"It's pretty easy. In the Interview Setup for Ufile, check the box for \"\"Self-employment business income\"\". Then during the process of filling everything out, you'll get a Self-Employment screen. It'll ask for the name of your business, but just put your own name since you don't have one. For the 6-digit classification code, click the ? button and look through the list for the industry that best matches the one for whom you wrote the technical report. Or you can go with 711500: Independent artists, writers and performers. It doesn't really matter that much so don't worry if it's a poor match. It will also ask you for your income and expenses.   I don't know exactly what costs you might have incurred to write your report, but you can likely claim a very tiny amount of \"\"home office\"\" expenses. Costs like rent (or mortgage interest + property tax), utilities, and home insurance can be claimed, but they have to be pro-rated for the time you were actually doing the work, and are based on the amount of space you used for the work.  For example, if you paid $1000 rent and $200 utilities for the month in which the work was done, and it took you 20 of the 31 days in that month to actually do the work, and you used a room that makes up about 10% of the square footage of your home, then you can claim: $1200 * 20/31 * 0.1 = $77.42 for your home office expenses. If you also used that room for non-business purposes during that time, then you reduce it even further. Say, if the room was also used for playing video games 50% of the time, then you'd only claim $38.71\""}
{"_id": "156451", "title": "", "text": "She sold the rights to her photo. Burger King bought a stock photo. She no longer has any rights to control the photo.   She suddenly has a problem with the ad 5 years after it ran. Clearly just trying to milk money out of the company or get attention."}
{"_id": "156462", "title": "", "text": "Just came back from the IBM Smarter Computing forum in Ryebrook, and this was one of the more interesting parts of the presentations.  The steps that have been made are already enormous, and yet there is a long way to go.  Watson is one side of the equation - the software approach to cognitive function.  I think the far more interesting side is the hardware approach.  A system that does not function in a linear manner, that uses no little or no power to maintain states, just spiking when reacting to stimuli.    They demonstrated a 256 neuron network that could change states bases on optical input that was quite interesting, not because of its sophistication, but rather the exact opposite - extremely low power compared to conventional processing (although still more than 40 times the draw of human neurons) and lots of fuzziness in terms of its reactions to change.  Watson is very cool, but I think ultimately, linear programmed systems will fall behind the parallel approach."}
{"_id": "156467", "title": "", "text": "You are right: if the combined value of all outstanding GOOG shares was $495B, and the combined value of all GOOGL shares was $495B, then yes, Alphabet would have a market cap of at least $990B (where I say at least only because I myself don't know that there aren't other issues that should be in the count as well). The respective values of the total outstanding GOOG and GOOGL shares are significantly less than that at present though. Using numbers I just grabbed for those tickers from Google Finance (of course), they currently stand thus:"}
{"_id": "156477", "title": "", "text": "This is pretty basic question, but my head is confused :(  If you buy a $1000 bond with 5% interest rate, so it would be $1050 at maturity  what does it mean?  * you will be paid the interest in coupons (paid in coupons until it totals $50) and at maturity paid $1000 (in one large single payment) * you get paid the full value in coupons ($1050 split by multiple coupons)  Any other explanations of how a bond works are welcome, most of the stuff I could find was about what yield is, not how the bond actually works."}
{"_id": "156496", "title": "", "text": "I had a colleague turn down a raise once because he believed that female colleagues were already being paid well below his salary and it was unfair to further increase this gap. For very public figures raises are often declined as a form of leadership: showing that management is willing to forgo bonuses and salary increases as a form of solidarity with the employee population.  Some leaders forgo a salary altogether (or take a $1/year salary)."}
{"_id": "156499", "title": "", "text": "There are a few methods you can use to estimate your taxes. On the results screen, the app will show you your estimated tax burden, your estimated withholding for the year, and your estimated overpayment/refund or shortfall/tax due.  It may also have recommendations for you on how to adjust your W-4 (although, this late in the year, I think it only tells you to come back next year to reevaluate).   Your state might also have income tax, and if you are curious about that, you can find the state tax form and estimate your state income tax as well. My guess is that you will be getting a refund this year, as you have only worked half of the year.  But that is only a guess."}
{"_id": "156513", "title": "", "text": "Yes, there is; you are correct. Once I register my phone to the WiFi, the store has access to my phone's IP address, so that's how they ultimately identify me. I just use a spurious email address because I do not want all the spam and advertisements sent to my email. If you haven't noticed, the minute you provide your email to a company, organization, etc., all of a sudden you start getting emails for random places (third-parties).   I like you, Sarah. You're a sharp interlocutor that loves to confabulate. You keep me on my toes lol"}
{"_id": "156544", "title": "", "text": "Right, but the world needs an army of burger flippers and low skill level wage earners, how else would the upper echelons profit? Wait, I forgot let's let arbitrary randomness and luck determine who gets a job instead of the one's with a passion for it. And then we can finally let people with passions start up their business because of complete happen-stance, or you know we could make a system in which there are more chances for people to succeed based on previous people's capabilities and successes, but no, this is between you and the universe to determine survival of the fittest, no hand outs! Sarcasms, and such."}
{"_id": "156553", "title": "", "text": "\"Buying lotteries tickets makes you the fish not the fisher. Just like casinos or drugs. If you like, you can call buying tickets an \"\"investment\"\" or better yet, a donation in the lottery's owner wealth. No real investor is dumb enough to get into a business where 99.9999999% of the \"\"investors\"\" lose EVERYTHING they invested. Besides, a real investments means BIG money. You can call it so if you are ready to sell your house and buy tickets of all those money, but still, the risk is so high that it's not worth it.\""}
{"_id": "156554", "title": "", "text": "\"This is a great question! I've been an entrepreneur and small business owner for 20+ years and have started small businesses in 3 states that grew into nice income streams for me. I've lived off these businesses for 20+ years, so I know it can be done! First let me start by saying that the rules, regulations, requirements and laws for operating a business (small or large) legally, for the most part, are local laws and regulations. Depending on what your business does, you may have some federal rules to follow, but for the most part, it will be your locality (state, county, city) that determines what you'll have to do to comply and be \"\"legal\"\". Also, though it might be better in some cases to incorporate (and even required in some circumstances), you don't always have to. There are many small businesses (think landscapers, housekeepers, babysitters, etc.) that get income from their \"\"business operations\"\" and do so as \"\"individuals\"\". Of course, everyone has to pay taxes - so as long as you property record your income (and expenses) and properly file your tax returns every year, you are \"\"income tax legal\"\".  I won't try to answer the income tax question here, though, as that can be a big question. Also, though you certainly can start a business on your own without hiring lawyers or other professionals (more on that below), when it comes to taxes, I definitely recommend you indeed plan to hire a tax professional (even if it's something like H&R Block or Jackson Hewitt, etc). In some cities, there might even be \"\"free\"\" tax preparation services by certain organizations that want to help the community and these are often available even to small businesses. In general, income taxes can be complicated and the rules are always changing. I've found that most small business owners that try to file their own taxes generally end up paying a lot more taxes than they're required to, in essence, they are overpaying! Running a business (and making a profit) can be hard enough, so on to of that, you don't need to be paying more than you are required to!  Also, I am going to assume that since it sounds like it would be a business of one (you), that you won't have a Payroll. That is another area that can be complicated for sure. Ok, with those generics out of the way, let me tackle your questions related to starting and operating a business, since you have the \"\"idea for your business\"\" pretty figured out. Will you have to pay any substantial amount of money to attorneys or advisors or accountants or to register with the government? Not necessarily. Since the rules for operating a business legally vary by your operating location (where you will be providing the service or performing your work), you can certainly research this on your own. It might take a little time, but it's doable if you stick with it. Some resources: The state of Florida (where I live) has an excellent page at: http://www.myflorida.com/taxonomy/business/starting%20a%20business%20in%20florida/ You might not be in Florida, but almost every state will have something similar. What all do I need to do to remain on the right side of the law and the smart side of business?  All of the answers above still apply to this question, but here are a few more items to consider: You will want to keep good records of all expenses directly related to the business. If you license some content (stock images) for example, you'll want to document receipts. These are easy usually as you know \"\"directly\"\". If you subscribe to the Apple Developer program (which you'll need to if you intend to sell Apps in the Apple App Stores), the subscription is an expense against your business income, etc. You will want to keep good records of indirect costs. These are not so easy to \"\"figure out\"\" (and where a good accountant will help you when this becomes significant) but these are important and a lot of business owners hurt themselves by not considering these. What do I mean? Well, you need an \"\"office\"\" in order to produce your work, right? You might need a computer, a phone, internet, electricity, heat, etc. all of which allow you to create a \"\"working environment\"\" that allows you to \"\"produce your product\"\". The IRS (and state tax authorities) all provide ways for you to quantify these and \"\"count them\"\" as legitimate business expenses. No, you can't use 100% of your electric bill (since your office might be inside your home, and the entire bill is not \"\"just\"\" for your business) but you are certainly entitled to some part of that bill to count as a business expense. Again, I don't want to get too far down the INCOME TAX rabbit hole, but you still need to keep track of what you spend! You must keep good record of ALL your income. This is especially important when you have money coming in from various sources (a payroll, gifts from friends, business income from clients and/or the App Stores, etc.) Do not just assume that copies of your bank deposits tell the whole story. Bank statements might tell you the amount and date of a deposit, but you don't really know \"\"where\"\" that money came from unless you are tracking it! The good news is that the above record keeping can be quite easy with something like Quicken or QuickBooks (or many many other such popular programs.) You will want to ensure you have the needed licenses (not necessarily required at all for a lot of small businesses, especially home based businesses.) Depending on your business activity, you might want to consider business liability insurance. Again, this will depend on your clients and/or other business entities you'll be dealing with. Some might require you to have some insurance.  Will be efforts even be considered a business initially until some amount of money actually starts coming in?  This might be a legal / accountant question as to the very specific answer from the POV of the law and taxing authorities. However, consider that not all businesses make any money at all, for a long time, and they definitely \"\"are a business\"\". For instance, Twitter was losing money for a long time (years) and no one would argue they were not a business. Again, deferring to the attorneys/cpas here for the legal answer, the practical answer is that you're performing \"\"some\"\" business activity when you start creating a product and working hard to make it happen! I would consider \"\"acting as\"\" a business regardless! What things do I need to do up-front and what things can I defer to later, especially in light of the fact that it might be several months to a couple years before any substantial income starts coming in? This question's answer could be quite long. There are potentially many items you can defer.  However, one I can say is that you might consider deferring incorporation. An individual can perform a business activity and draw income from it legally in a lot of situations. (For tax purposes, this is sometimes referred to as \"\"Schedule-C\"\" income.) I'm not saying incorporation is a bad thing (it can shield you from a lot of issues), but I am saying that it's not necessary on day 1 for a lot of small businesses. Having said that, this too can be easy to do on your own. Many companies offer services so you can incorporate for a few hundred dollars. If you do incorporate, as a small business of one person, I would definitely consider a tax concept called an \"\"S-Corp\"\" to avoid paying double taxes.) But here too, we've gone down the tax rabbit hole again. :-)\""}
{"_id": "156571", "title": "", "text": "Wow. She really is in a pickle. Even though I can intellectualize that she ought have paid more attention to her family's finances, and assuming she wasn't complicit in her husband's obvious tax evasion, I can sympathize to some extent.  This is a great demonstration of how dangerous it is to just let your spouse handle all the finances because they understand the money stuff. Even if they pay the bills you should have at least a fundamental understanding of the taxes being paid, estate and retirement plans. So here's some practical advice based on the hole she has dug for herself:"}
{"_id": "156573", "title": "", "text": "3D modeling of jewelry from your ideas, photos or drawings Fast budget in 24 hours Realistic rendering for customer approval Support at all stages of production Quality at competitive prices Modules with pre-crimping We can modify or repair your 3D designs Exclusivity in their designs Delivery in 7 days and emergency modeling in 48 hours available"}
{"_id": "156581", "title": "", "text": "In the very unlikely event that it is not a scam, there would be a distinct probability that it is someone trying to launder money.  You don't want to get caught up with drug dealers or ISIS terrorists, so forget it. There is also the possibility that your post is a scam, looking for people who would believe such nonsense.  I wonder if people who reply are going to get phished."}
{"_id": "156595", "title": "", "text": "Auto Insurance score is in no way related to your driving habits, instead it is based on your credit usage.  You are often punished for having more than one or two hard inquires in a year and they also frown upon having many lines of credit even though that helps your credit utilization."}
{"_id": "156611", "title": "", "text": "\"Depends what you mean by simplify. I thought I would save money when I talked the family into dropping cable TV, but it ends up coming out as a wash because we rented more and bought TV shows online from amazon.com.  (Then we bought a new computer so I could keep working on my laptop while the family watches streaming internet, we save money, but not as much as I thought) We did a great purge of \"\"stuff\"\" from the garage and closets a couple of summers ago because I wanted to simplify (some clothes, extra pots and pans, a coat rack, unused electronics) and now I am seeing their replacements coming back into the house in the form of new purchases. I guess my lesson is that you cannot make another person simplify their life.  I love my wife for trying so hard to help me with my plan, and I certainly don't blame her for wanting a coat rack again (it is just who she is, she doesn't see the irony) but I should have considered how my desire impacted those around me.\""}
{"_id": "156640", "title": "", "text": "\"Short answer, yes. But this is not done through the deductions on Schedule A. This can happen if the employer creates a Flexible Spending Account (FSA) for its employees. This can be created for certain approved uses like medical and transportation expenses (a separate account for each category). You can contribute amounts within certain limits to these accounts (e.g. $255 a month for transportation), with pre-tax income, deduct the contributions, and then withdraw these funds to cover your transportation or medical expenses. They work like a (deductible) IRA, except that these are \"\"spending\"\" and not \"\"retirement\"\" accounts. Basically, the employer fulfills the role of \"\"IRA\"\" (FSA, actually) trustee, and does the supporting paperwork.\""}
{"_id": "156658", "title": "", "text": "\"So many interesting points you raise ...   I only have a minute, so:  &gt; the more technology that is created, the less privacy we have, the dumber we become and the more jobs we lose to automation  I agree wholeheartedly with your first two points... as far as the loss of jobs to automation, I'm not convinced that's a bad thing.   Who exactly is happy spending 40 hours each week standing on a factory line or stocking shelves? I don't think that's a life anyone would choose if better options were available.   Of course, that raises the thorny issue of \"\"better options being available.\"\" :)   I think that the loss of jobs to automation will raise complex issues that are not nearly as black and white - or *predictable* - as many seem to think they are.   p.s.  You're delightful to chat with!\""}
{"_id": "156662", "title": "", "text": "Yes, there's a way. I actually wrote a blog post about it. Its a new service from the IRS which allows you pulling your account online. IRS also has an instruction page just for this case here."}
{"_id": "156672", "title": "", "text": "From Wikipedia: Investment has different meanings in finance and economics. In Finance   investment is putting money into something with the expectation of   gain, that upon thorough analysis, has a high degree of security for   the principal amount, as well as security of return, within an   expected period of time. In contrast putting money into something with   an expectation of gain without thorough analysis, without security of   principal, and without security of return is speculation or gambling. The second part of the question can be addressed by analyzing the change in gold price vs inflation year by year over the long term. As Chuck mentioned, there are periods in which it didn't exceed inflation. More important, over any sufficiently long length of time the US stock market will outperform. Those who bought at the '87 peak aren't doing too bad, yet those who bought in the last gold bubble haven't kept up with inflation. $850 put into gold at the '80 top would inflate today to $2220 per the inflation calculator. You can find with a bit of charting some periods where gold outpaced inflation, and some where it missed. Back to the definition of investment. I think gold fits speculation far better than it does investment. I've heard the word used in ways I'd disagree with, spend what you will on the shoes, but no, they aren't an investment, I tell my wife. The treadmill purchase may improve my health, and people may use the word colloquially, but it's not an investment."}
{"_id": "156688", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://betterfuture.xyz/2017/10/07/why-the-penny-must-die/) reduced by 88%. (I'm a bot) ***** &gt; The United States Mint admitted that, &amp;quot;There are no alternative metal compositions that reduce the manufacturing unit cost of the penny below its face value.&amp;quot; Thus, unless they were to be made out of plastic, the penny will always cost more to produce than they are worth; yet, the U.S. Mint continues to manufacture 4 billion pennies each year.  &gt; The penny lobby &amp;quot;America For Common Cents&amp;quot; argue that without the penny, prices would rise and charitable contributions will fall.  &gt; At the time when Sweden removed the 50 &amp;ouml;re, it was worth approximately 5 cents - mayhap we should look into getting rid of more than just the penny.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/75ad2p/it_costs_18_cent_to_manufacture_each_penny_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224964 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **penny**^#1 **cost**^#2 **removed**^#3 **worth**^#4 **even**^#5\""}
{"_id": "156703", "title": "", "text": "I fear that when most of the cost is overhead, very minimal marginal costs, efficiencies of scale make de facto monopolies. Mix this with compatibility, creating a new competitor in the smartphone market would be next to impossible unless they could run Android or iOS third party apps for example."}
{"_id": "156705", "title": "", "text": "Like I said in my original post, you could have two part time jobs paying at $15, restoring your hours, paying more. Again, the condition for this is the overall employment level (jobs availability). I say successful people, to show this is a widespread opinion verified by those who are successful, but being widespread it's believed by many people, including those getting min wage. It's a pretty simple concept,  do you really think min wage people wouldn't get it?"}
{"_id": "156706", "title": "", "text": "The comparison was emphatically not one that went to success of the company, otherwise there are a ton of blue chip companies that could have been cited. Instead, Dixon cites emergent technology companies who are at the top of their game in terms of bringing new and innovative products to market. It's about business plan and vision as it translates to long term success. It has nothing to do with quarterly returns."}
{"_id": "156716", "title": "", "text": "If you are going to put it into a banking system, just deposit it. Why did breaking it up even cross your mind? Like what would that even have accomplished, so you could pretend like you started moonlighting as a club bouncer if you were ever casually asked by a bank teller or federal agent? If you have to ever account for the source of your money, you will have to account for it regardless. You shouldn't worry about things that may trigger higher scrutiny on you, because it is pretty random. The financial institution may file a suspicious activity report any time they feel like it (which they routinely do without the customer's knowledge, for a wide range of reasons), and actually attempting to break it up into smaller deposits would mean the suspicious activity report would escalate into criminal charges. And regarding the IRS, if they ever audited you then you will still have to account for that $25,000 no matter what you did with it."}
{"_id": "156721", "title": "", "text": "Is this transaction legal Yes it is. Are there any tax implications in US?  The interest is taxable in US. From what I understand, there are no tax implications in India. Yes this is right. The question you haven't asked is does this makes sense? So you are paying 3% upfront. Getting 8% at end of one year. You can making monthly repayments through the year. You have not factored in the Fx Rate and their fluctuations. For Example you would convert USD to INR and back to USD. Even if you do this the same day, you loose around 2% that is referred to as Fx Spread. Plus the rates for USD and INR get adjusted for inflation. This means that INR will loose value in a year. In long term it would be balance out [i.e. the gain in interest rate is offset by loss in Fx rate]. At times its ahead or behind due to local conditions."}
{"_id": "156743", "title": "", "text": "&gt;I agree that double taxation makes no sense regardless of individual or corporation. Having said that, it's my understanding that Murca offers corporations tax credits on foreign taxes paid to avoid double taxation. I'm pretty sure that a similar vehicle exists for individuals as well. My issue is entirely with corporations paying off legislators to avoid taxes that they have an obligation to pay in the country that they operate.  Context, friend.  The statement you quoted was in reference to the issue of double taxation.  Hence the statement was made in attempt to indicate that no issue with the responder's stance on double taxation, but in fact the paying for and receiving tax concessions.  The statement certainly could have been more comprehensive in identifying legislators as equally culpable in its part.    Your attempt to cherry pick a statement out of context is disingenuous.  Bro, do you work for Fox?"}
{"_id": "156747", "title": "", "text": "\"Equity could mean stock options. If that's the case if the company makes it big, you'll have the option to buy stocks cheap (which can then be sold at a huge profit) How are you going to buy those without income?  5% equity is laughable. I'd be looking for 30-40% if not better without salary.  Or even better, a salary. To elaborate, 5% is fine, and even normal for an early employee taking a mild pay cut in exchange for a chance at return. That chance of any return on the equity is only about 1/20 (94% of startups fail) There is no reason for an employee to work for no pay. An argument could be made for a cofounder, with direct control and influence in the company to work for equity only, but it would be a /lot/ more (that 30-40%), or an advisory role (5% is reasonable)  I also just noticed you mentioned \"\"investing\"\" in the startup with cash. As an angel investor, I'd still expect far more than 5%, and preferred shares at that. More like 16-20%.  Read this for more info on how equity is usually split.\""}
{"_id": "156751", "title": "", "text": "It is breaking the law, it's just difficult to demonstrate it. It's easy for international companies to make individual territories look unprofitable, reducing local tax bills. The law forbids this when abused, but not easy to prove. In this case Starbucks execs have been mouthing off about how profitable it is in the UK!"}
{"_id": "156756", "title": "", "text": "Why should a bank get into construction specifically? Lots of business opportunities require capital. Conceivably banks could build factories, develop consumer electronics, complete with SpaceX, etc. It's all capital in, profits out, with varying levels of risk and returns. There's nothing special about constructing apartments. The reason banks don't run businesses is because there are plenty of private firms that compete with each other for business. What's the chance that a bank, with all its bureaucracy, can deliver cheaper apartments than an apartment developer? Pretty low in fact, and that's why they would rather lend to an apartment developer rather than building the apartments themselves. Banks are in the business of competing with other banks. The main work they do is to sort out good investments from poor ones. And if they can do that just a bit more efficiently than their competitors, they make big bucks. For example, it might only take a few additional hours to better vet a deal worth millions. Whereas with an apartment building, you wouldn't be able to make that amount of money per hour even if the materials and labor cost you nothing."}
{"_id": "156775", "title": "", "text": "Well my privileged friend, let me tell you that it's over. I live in a place where there are barely contracts anymore, let alone permanent contracts. Overtime is a fond memory. The future will be tougher for the unskilled as these jobs are automated. Once more, it's over. People smart and ambitious enough to be come employers didn't get there by overpaying."}
{"_id": "156793", "title": "", "text": "According to my calculations, you always lose money on group B.  x = average monthly balance  Income for a year = 0.015 * (12 * x) = 0.18 * x  Cost of funds for one month = 0.04 * x  Cost of funds for one year = 12 * (0.04 * x) = 0.48 * x  Profit? at end of year   = income_for_year - cost_of_funds_for_one_year  = (0.18 * x) - (0.48 * x)  = forever loss"}
{"_id": "156816", "title": "", "text": "The cause of incomplete/inaccurate financial data's appearing on free sites is that it is both complicated and expensive to obtain and parse these data. Even within a single country, different pieces of financial data are handled by different authorities.  In the US, for example, there is one generally recognized authority for stock prices and volumes (CQS), but a completely different authority for corporate earnings data (SEC).  For futures and options data the only authority is each individual exchange.  Each of these sources might have a vastly different interface to their data; some may have websites, others may have FTPs, others may have TCP datastreams to which you must subscribe, etc. Now throw in the rest of the world and all their exchanges and regulatory agencies, and you can see how it's a difficult job to gather all this information, parse it on a daily (or more frequent) basis, and check it all for errors. There are some companies (e.g. Bloomberg) whose entire business model is to do the above.  They spend tens of millions of dollars per year to support the infrastructure and manpower required to keep such a complex system working, and they charge their consumers a pretty penny in return. Do Google/Yahoo pay for Bloomberg data access just to display information that we then consume for free?  Maybe.  Maybe they pay for some less expensive reduced data set.  Or a data set that is less rigorously checked for errors. Even if they pay for the best data available, there's no guarantee that a company's last earnings report didn't have a glitch in it, or that Bloomberg's latest download from the Canadian Agency for Corporate Dividends and Moose Census-Taking didn't get cut off in the middle, or that the folks at Yahoo built a robust system that can handle a particular file's not arriving on time.  Bloomberg has dozens or even hundreds of employees focused on just this one task; Yahoo probably has 5. Moral: If you really need the best available data you must go to the source(s), or you must pay a provider to whom you can then complain when something is wrong.  With free data you get what you pay for."}
{"_id": "156817", "title": "", "text": "ACA has market stabilizing mechanisms like cost-sharing reduction subsidies.  Republicans have been blocking that in recently, causing many insurance companies to pull out of some states.  I imagine repeal will just be a continuation of that until there is less competition and insurance companies make higher margins to offset the risk of unprofitable quarters.  So maybe they make more money because of higher margins or maybe they don't because they lose subsidies."}
{"_id": "156832", "title": "", "text": "\"Your question does not say this explicitly, but I assume that you were once a W-2 employee.  Each paycheck a certain amount was withheld from your check to pay income, social security, and medicare taxes.  Just because you did not receive that amount of money earned does not mean it was immediately sent to the IRS.  While I am not all that savvy on payroll procedures, I recall an article that indicated some companies only send in withheld taxes every quarter, much like you are doing now.  They get a short term interest free loan.  For example taxes withheld by a w-2 employee in the later months of the year may not be provided to the IRS until 15 January of the next year.   You are correct in assuming that if you make 100K as a W-2 you will probably pay less in taxes than someone who is 100K self employed with 5K in expenses.  However there are many factors.  Provided you properly fill out a 1040ES, and pay the correct amount of quarterly payments, you will almost never owe taxes.  In fact my experience has been the forms will probably allow you to receive a refund.  Tax laws can change and one thing the form did not include last year was the .9% Medicare surcharge for high income earners catching some by surprise.    As far as what you pay into is indicative of the games the politicians play.  It all just goes into a big old bucket of money, and more is spent by congress than what is in the bucket.  The notion of a \"\"social security lockbox\"\" is pure politics/fantasy as well as the notion of medicare and social security taxes.  The latter were created to make the actual income tax rate more palatable.     I'd recommend getting your taxes done as early as possible come 1 January 2017.  While you may not have all the needed info, you could firm up an estimate by 15 Jan and modify the amount for your last estimated payment.  Complete the taxes when all stuff comes in and even if you owe an amount you have time to save for anything additional.  Keep in mind, between 1 Jan 17 and 15 Apr 17 you will earn and presumably save money to use towards taxes.  You can always \"\"rob\"\" from that money to pay any owed tax for 2016 and make it up later. All that is to say you will be golden because you are showing concern and planning.  When you hear horror stories of IRS dealings it is most often that people spent the money that should have been sent to the IRS.\""}
{"_id": "156835", "title": "", "text": "The purpose of this spammy Motley Fool video ad is to sell their paid newsletter products.  Although the beginning of the video promises to tell you this secret trick for obtaining additional Social Security payments, it fails to do so.  (Luckily, I found a transcript of the video, so I didn't have to watch it.) What they are talking about is the Social Security File and Suspend strategy.  Under this strategy, one spouse files for social security benefits early (say age 66).  This allows the other spouse to claim spousal benefits.  Immediately after that is claimed, the first spouse suspends his social security benefits, allowing them to grow until age 70, but the other spouse is allowed to continue to receive spousal benefits.   Congress has ended this loophole, and it will no longer be available after May 1, 2016."}
{"_id": "156851", "title": "", "text": "I think the Saudi stake in Twitter has something to do with this.  Edit  Downvote me all you want. It doesn't make Prince Alaweed bin Talal own any less of Twitter.  In 2015 his stake was valued at $1 billion and there's no doubt that number has only gone up over the last two years.  http://fortune.com/2015/10/07/saudi-prince-twitter-stock/  Saudi Prince Alaweed bin Talal remains one of the largest and most important Twitter shareholders.  https://www.recode.net/2016/8/11/12417064/twitter-stock-ownership-takeover-acquisition-challenges"}
{"_id": "156867", "title": "", "text": "Did you not see the top response to you about how the banks are actually AGAINST this bill and Dodd's subsequent repeal? Also many of the bank shares like JPM and GS (which don't have other unrelated issues) are well above '07 highs"}
{"_id": "156873", "title": "", "text": "\"With the scenario that you laid out (ie. 5% and 10% loans), it makes no sense at all. The problem is, when you're in trouble the rates are never 5% or 10%. Getting behind on credit cards sucks and is really hard to recover from. The problem with multiple accounts is that as the banks tack on fees and raise your interest rate to the default rate (usually 30%) when you give them any excuse (late payment, over the limit, etc). The banks will also cut your credit lines as you make payments, making it more likely that you will bump over the limit and be back in \"\"default\"\" status. One payment, even at a slightly higher rate is preferable when you're deep in the hole because you can actually pay enough to hit principal. If you have assets like a house, you'll get a much better rate as well. In a scenario where you're paying 22-25% interest, your minimum payment will be $150-200 a month, and that is mostly interest and penalty. \"\"One big loan\"\" will usually result in a smaller payment, and you don't end up in a situation where the banks are jockeying for position so they get paid first. The danger of consolidation is that you'll stop triggering defaults and keep making your payments, so your credit score will improve. Then the vultures will start circling and offering you more credit cards. EDIT: Mea Culpa.  I wrote this based on experiences of close friends whom I've helped out over the years, not realizing how the law changed in 2009.  Back around 2004, a single late payment would trigger universal default on most cards, jacking all rates up to 30% and slashing credit lines, resulting in over the limit and other fees. Credit card banks generally apply payments (in order, to interest on penalties, penalties, interest on principal, principal) in a way that makes it very difficult to pay down principal for people deep in debt. They would also offer \"\"payment plans\"\" to entice you to pay Bank B vs. Bank A, which would trigger overlimit fees from Bank A. Another change is that minimum payments were generally 2% of statement balance, which often didn't cover the monthly finance charge. The new law changed that, resulting in a payment of 1% of balance + accrued interest. Under the old regime, consolidation made it less likely that various circumstances would trigger default, and gave the struggling debtor one throat to choke. With the new rules, there are definitely a smaller number of scenarios where consolidation actually makes sense.\""}
{"_id": "156874", "title": "", "text": "I think the surface is a very cool machine in that it combines a lot of features from different devices: touch screen and portability of a tablet, specs and operating system of a laptop, and the on screen stylus of a Wacom cintiq. I think they messed up by dropping Wacom for the Surface 3, and that may have turned more than a few artists away from the device. I like the idea of it, even if the execution is still a little lacking."}
{"_id": "156881", "title": "", "text": "There are 2 trades involved - keep in mind that the function of the CIO is to hedge out the banks risk from a very high level. Credit and interest rate risk should come to mind since what does a bank do (for the most part)? Loan money.   Trade #1 - The bank is long corporate debt, that's no secret, so they're always exposed to a high amount of macro economic risk. So the CIO hedged this initially by taking a bearish stance on junk bonds. This is somewhat narrow, but still reasonable.   Trade #2 - What you'd call a second order hedge in an attempt to offset the overly bearish but still embarrassingly narrow position in trade #1. All on the Markit CDX IG 9 (Investment Grade Series 9 10yr), Mr Iksil sold CDS tranches out to 2017 and bought to 2012.   So, the books were flat (with a slight optimistic edge) through 2012, and bullish on the economy out to 2017.   Unfortunately, credit markets didn't exactly take off. The economy stayed volatile, and Bruno had to keep digging deeper into the trade, selling back year tranches to buy front the front years. This eventually wonked spreads out so badly that everyone who cared caught on and, when JPM decided the time had come to take their losses, hedge funds started picking them off on the unwinds."}
{"_id": "156894", "title": "", "text": "The two really aren't easily comparable - you have to look at cost of living.  sdg's calculations account for provincial and federal taxes in Canada, but elide state taxes in the US.  There's also sales taxes, which are usually higher in Canada, and property taxes, which tend to be higher in the US (from my experience).  You also have to include health insurance into your calculations, since that expense is included in your taxes in Canada."}
{"_id": "156903", "title": "", "text": "Here's the reality: Facebook was forced into an IPO because of stupid federal regulations.  They would have happily continued to stay closely held and raked in money while maintaining their mystique.  If there is any problem, start at the root."}
{"_id": "156908", "title": "", "text": "\"This is basically the short-term/long-term savings question in another form: savings that you hope are long-term but which may turn short-term very suddenly. You can never completely eliminate the risk of being forced to draw on long term savings during a period when the market is doing Something Unpleasant that would force you to take a loss (or right before it does Something Pleasant that you'd like to be fully invested during). You can only pick the degree of risk that you're willing to accept, balancing that hazard of forced sales against the lower-but-more-certain returns you'd get from a money market or equivalent. I'm considered a moderately aggressive investor -- which doesn't mean I'm pushing the boundaries on what I'm buying (not by a long shot!), but which does mean I'm willing to keep more of my money in the market and I'm more likely to hold or buy into a dip than to sell off to try to minimize losses. That level of risk-tolerance also means I'm willing to maintain a ready-cash pool which is sufficient to handle expected emergencies (order of $10K), and not become overly paranoid about lost opportunity value if it turns out that I need to pull a few thou out of the investments. I've got decent health insurance, which helps reduce that risk. I'm also not particularly paranoid about the money. On my current track, I should be able to maintain my current lifestyle \"\"forever\"\" without ever touching the principal, as long as inflation and returns remain vaguely reasonable. Having to hit the account for a larger emergency at an Inconvenient Time wouldn't be likely to hurt me too much -- delaying retirement for a year or two, perhaps. It's just money. Emergencies are one of the things it's for. I try not to be stupid about it, but I also try not to stress about it more than I must.\""}
{"_id": "156912", "title": "", "text": "Most likely your accounting is cash basis, not accrual, so it's pretty tough to do unless you resort to the dodgy methods discussed so often by the tax avoidance enthusiasts.  There is a difference between a CPA service and a tax lawyer, perhaps you need to know one of the latter."}
{"_id": "156923", "title": "", "text": "A rough estimate of the money you'd need to take a position in a single stock would be: In the case of your Walmart example, the current share price is 76.39, so assuming your commission is $7, and you'd like to buy, say, 3 shares, then it would cost approximately (76.39 * 3) + 7 = $236.17. Remember that the quoted price usually refers to 100-share lots, and your broker may charge you a higher commission or other fees to purchase an odd lot (less than 100 shares, usually).  I say that the equation above gives an approximate minimum because  However, I second the comments of others that if you're looking to invest a small amount in the stock market, a low cost mutual fund or ETF, specifically an index fund, is a safer and potentially cheaper option than purchasing individual stocks."}
{"_id": "156933", "title": "", "text": "&gt;  it was no longer free to deliver that sort of content  It's not free.  Content providers pay for the right to access the network, just like you or I.  Their bandwidth (**not** usage) needs are greater, and they therefore pay a notably larger monthly bill than most individuals.    But it's not free."}
{"_id": "156940", "title": "", "text": "Body painting is always popular and is a great choice for keeping the kids entertained at your next birthday party or event. Let us amaze them with sparkly fairies, scary tigers, and beautiful butterflies. We Love Face Painting is known for providing the most efficient services of body paint in Melbourne, there can be no better choice than We Love Face Painting. Call - 0400 042 612 for more information!"}
{"_id": "156944", "title": "", "text": "The jobs in the economy is (generally) fixed -- there are just so many good jobs and so many bad jobs.  If someone manages to move from a bad to a good job, they must displace someone who had that good job.  At the end of the day we will still need dishwashers and security guards.  If you better educate children, you're going to get smarter people who are dishwashers and security guards."}
{"_id": "157021", "title": "", "text": "**Volume-weighted average price**  In finance, volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price at which a stock is traded over the trading horizon.  VWAP is often used as a trading benchmark by investors who aim to be as passive as possible in their execution. Many pension funds, and some mutual funds, fall into this category.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "157023", "title": "", "text": "If that's the case I hope continues and is more articulate about he is proposing.   Maybe I'm just a cynic but I see CEOs and Governors and Congressmen as all cut from the same cloth.   They paint a beautiful picture that everyone loves and they build support by that.  For businessmen, this is the top job.  For politicians, that support winning the election.   How and whether they can deliver on the dream is always irrelevant.  The supporters don't wise up until years later."}
{"_id": "157038", "title": "", "text": "It is only wise to invest in what you understand (ala Warren Buffet style). Depending on how much money you have, you might see fit to consult a good independent financial advisor instead of seeking advice from this website. A famous quote goes: \u201cThose who say, do not know. Those who know, do not say\u201d"}
{"_id": "157090", "title": "", "text": "**Very Misleading** redditor title: nothing in the article talks about the 'industry at risk'. Here's what it *does* state:  &gt;But there is tremendous variation in an individual\u2019s response [to various diet plans].    Some might gain the weight back, some might not, but nothing in the article states that the 'industry' is 'at risk'. [UPDATE: this article is like sound-bite heaven. You could probably make a dozen different redditor submissions from the sensationalist style that the article writer uses]"}
{"_id": "157092", "title": "", "text": "What drives me insane is when UPS leaves a package on my porch without even knocking. Every single time they come, the guy places it on my porch and leaves while I am right inside. Sometimes I won't notice it for 3 hours, while the other day I didn't find it until the next morning.  It would take 3 seconds to knock!"}
{"_id": "157101", "title": "", "text": "Companies in their earliest stages will likely not have profits but do have the potential for profits.  Thus, there can be those that choose to invest in companies that require capital to stay in business that have the potential to make money. Venture Capital would be the concept here that goes along with John Bensin's points that would be useful background material.  For years, Amazon.com lost money particularly for its first 6 years though it has survived and taken off at times."}
{"_id": "157110", "title": "", "text": "I don't understand why the gaming industry has never embraced the concept of the Summer Blockbuster.   Everyone knows only shit games come out in summer. Even big name games that come out in summer are sure to be the ones that couldn't compete during the holidays."}
{"_id": "157115", "title": "", "text": "Well, holy shit better sell everything.  Here's the same guy saying this in 2013: http://www.moneynews.com/Economy/Levy-economy-recession-debt/2013/08/07/id/519172/  Then in 2012: https://www.youtube.com/watch?v=QICgObHj4dg  And he was saying this in 2010: http://demandsideblog.blogspot.com/2010/07/double-dip-week-david-levy.html  Eventually he will be right, but you know it's just not that impressive.  Tired of my more doom and gloom investor friends sending me links to this guy."}
{"_id": "157121", "title": "", "text": "\"You really don't think 7 trillion dollars is huge?    BTW, There was no \"\" insane spending uptick\"\".  The budget deficit numbers for the Bush years are meaningless, because the wars were \"\"off budget\"\".  Use [Debt to the penny](http://www.treasurydirect.gov/NP/BPDLogin?application=np) to run the numbers.   Bush added 1,438,236,760,982.61 to the debt in his last 12 months.  Call it 1.43 trillion.\""}
{"_id": "157157", "title": "", "text": "\"It completely depends on what type of work you intend to do. Are you intending to run/setup your own business? Or stay with your current employer, but work from home instead of going to the office? If thats the case, then yes it is a good idea, since you will save on commuting costs amongst other things If you are asking about working from home under one of those \"\"work from home piecework\"\" schemes, I would be wary. Many of them require you do an insane amount of piecework, for literally peanuts, so it might not be worth the effort (since you could earn 2, 3x as much in a supermarket shift of the same duration)\""}
{"_id": "157163", "title": "", "text": "So why are large US companies privy to the language but large US consumer or civil liberties groups not?  For example, analysts at Cisco, IBM, Intel, and HP have access to the text of the TPP and can make comments to guide policy decisions that will go into the treaty[1], but I don't believe the EFF has had access except for leaks[2].  So, where's my advocate in the negotiations?  Why should I believe the negotiators have my best interests at heart?  Even if the treaty comes back as something generally positive, it's going to be tilted in such a way that those with a spot at the table come out ahead whereas Congress' only option is just 'take it or leave it'.  By extension of my representation in Congress (and even that's kind of weak given the current state of US politics), that's my only option as well.  [1] http://www.flushthetpp.org/tpp-corporate-insiders/   [2] https://www.eff.org/issues/tpp"}
{"_id": "157164", "title": "", "text": "Better for r/personalfinance . But having some exposure to the real estate industry, you are most likely over priced. Although you say that market is slow where you are, if you desperately need the money, you may have to sell at a bit of a loss."}
{"_id": "157167", "title": "", "text": "\"&gt; Just as we are seeing the repercussion's of Obamas 8 years now.  What repercussions? Economy is doing pretty damn good.  &gt; Some of it I agree with but I don't think Trump will make the \"\"american century\"\" obsolete.  I am pretty sure if we bad mouth our friends, piss off our Allies and emboldened our adversaries, the America Century will come to an end real quick. Plus, if Trump pushes isolationism, doesn't that mean he is trying to end the American Century? What is the point of an American Century if we don't come to the defense of our Allies and protect the world order?  &gt; That is a vast overstatement with very little evidence to back it up.  Ask any economist what they say about getting ride of trade or going back to the days of protectionism. You won't find any economists that say stifling trade is good for the economy.\""}
{"_id": "157176", "title": "", "text": "I ate a McDonald's burger about a month ago for the first time since I was a kid. I'll tell you, if that's your standard for a real meat burger, there are definitely vegetarian products that could fool you into thinking they were real meat. Quite frankly, I'm pretty positive that McDonald's could sub out the burger patty for a soy based substitute tomorrow and no one would ever notice."}
{"_id": "157190", "title": "", "text": "I sold my house and had been in the market looking for a replacement house for over 6 months after I sold it. I found someone willing to give me a short term, 3 month lease, with a month to month after that, at an equitable rate, as renters were scarcer than buyers.By the time I found a house, there were bidding wars as surplus had declined (can be caused seasonally), and it was quite difficult to get my new house. However, appraisers help this to a degree because whatever the seller wants, is not necessarily what they get, even if you offer it. I offered $10k over asking just to get picked out of the large group bidding on the house. Once the appraisal came in at $10k below my offer, I was able to buy the house at what I expected. Of course I had to be prepared if it came in higher, but I did my homework and knew pretty much what the house was worth. The mortgage is the same as the lease I had, the house is only 10 years' old and has a 1 year warranty on large items that could go wrong. In the 3 months I've been in the house, I have gained nearly $8k in equity....and will have a tax writeoff of about $19,000 off an income off a salary of $72,000, giving me taxable income of $53,000... making by tax liability go down about $4600. If I am claiming 0 dependents I will get back about $5,000 this year versus breaking even."}
{"_id": "157215", "title": "", "text": "**Here's a sneak peek of /r/AskEconomics using the [top posts](https://np.reddit.com/r/AskEconomics/top/?sort=top&amp;t=year) of the year!**  \\#1: [As an economic system, why does capitalism require constant growth?](https://np.reddit.com/r/AskEconomics/comments/5e3qc5/as_an_economic_system_why_does_capitalism_require/)   \\#2: [Is there even one economist in here that thinks Trump's protectionist agenda will result in welfare gains for the American people?](https://np.reddit.com/r/AskEconomics/comments/5p5lpe/is_there_even_one_economist_in_here_that_thinks/)   \\#3: [/r/memenomics posts aside, is Ben Bernanke really a hero? Did the Fed save us from something much worse during the recession? How bad would it have been if the Fed acted as poorly and lamely as it did before/during the Great Depression?](https://np.reddit.com/r/AskEconomics/comments/5ijtls/rmemenomics_posts_aside_is_ben_bernanke_really_a/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "157219", "title": "", "text": "\"Read \"\"Stop Acting Rich\"\" by Dr Thomas Stanley. I'm concerned that even before you've earned your first paycheck you want a flashy car. $4800/yr on $63K/yr income is just about half what I'd recommend to someone who starts working. 10% is the minimum, if and only if, the employer matches 5, for a total 15% saved. Do it in a pretax account and when you go back to grad school convert to Roth.\""}
{"_id": "157231", "title": "", "text": "\"&gt;  and that is what's uncalled for.  I think folks aren't reading this right. It's not \"\"you voted for Trump, which I disagree with.\"\"  Look at how a large swath of America views President Trump, and of more importance here - how a large number of folks view his supporters.   Over 2/3 of Americans polled don't trust President Trump and think poorly of people that support him.   If you follow the line of reasoning, you can get to \"\"anyone who supported Donald Trump is not acting rationally.\"\" In that light, it would mean believing that someone who supports Donald Trump is doing so based on naked, unthinking politics instead of a rational evaluation of his policies and past history.   In other words, Reed Hastings looks at \"\"voting for Trump\"\" as a sanity test, and this person (who not only voted for him, but advertised his doing so, loudly and proudly) does not have the kind of judgement he wants in a board member.\""}
{"_id": "157233", "title": "", "text": "\"An LLC is overkill for 99% of 1 man small businesses. Side-businesses should remain as sole proprieterships until they get much larger and need the benefits of the LLC laws. You can still bill through a company name if you want to start building a brand: And set aside 25% of your gross income for Uncle Sam. He wants you to file a Schedule C with your regular 1040 at tax time. He doesn't care about your company. He just wants your social security number with a big fat check stuck to it. Be sure to maximize your tax savings by tracking your expenses like a hawk. Every mile is worth 50 cents. I recommend using a tracking system like the TaxMinimiser.com (buy the $4 version to see if you like it). Bottom line: EARN MONEY. Don't set up a \"\"corporation\"\".\""}
{"_id": "157234", "title": "", "text": "\"I wouldn't go quite that far.    It's dreadfully formatted, and not brilliantly written, I'll give you that.  I'd guess it's written by someone who believes they they have a flair for storytelling and the dramatic, and writes as they would talk.  Assume Amy Hoy is a slightly melodramatic awkward gal soliloquizing at you, and this all seems a little more tolerable.    But I find her points somewhat solid.    I think she's presenting from a ideological standpoint where safety and security are paramount, and the risk associated with startups is \"\"too much risk.\"\"  But I think the point thats he's making about the poisonous rhetoric associated with \"\"glorious death\"\" and \"\"working for a startup\"\" being very similar is well thought out and quite an interesting perspective.  I go to a school whose idea of \"\"business\"\" is \"\"entrepreneurship.\"\"  I left their business program because my career goals simply cannot be sustained by entrepreneurship until a very long while into my career, and I found the \"\"here's how to have a startup\"\" focus of the bulk of the courses essentially valueless to me where I am now.    Having seen what the author refers to as the \"\"hagiography\"\" of successful startups (great word, by-the-by), I cannot help but recount those courses and the ways we were sold on this ideology.    Much was made about how much money was made by successful startups.  Much was made of the independence, the power, the *glory*, of winning the startup lotto and making it big.  The guys that did it young were revered and lauded as the greatest of our generation.    No mention was made of the failures.  No mention was made of the failure rate.  No mention was made of the costs associated with failure.  No mention was made of the people who got fucked as these entrepreneurial saints made their fortunes.    Further, the ones that got the most attention were the ones who went back and did it a few more times.  Anyone clever, who won big and cashed out and quit while ahead was mentioned as a success, but their retirement or cashing out went unmentioned.  Some sort of shameful detail, maybe.    The guys that won big and went back and tried again were praised for their determination and vigor.  If they set themselves back to square one betting on an unsuccessful attempt, that was unmentioned.    VCs were praised as the greatest thing that happened to entrepreneurship.  We were given no real warnings about \"\"hey, those contracts can be kinda shady sometimes\"\" or \"\"they want a *big* cut, yo.\"\" Instead, they were the grease to our machine.  It was a money making machine.  A machine of winners.  Of the great men and women of our generation.  Of everything that is good about western society.    And we are letting our generation down if we don't play.    Seriously.    I had a prof tear a strip off a kid for asking something along the lines of \"\"but what's wrong with working for a company that already exists and can pay a steady wage?\"\"  The prof got started in on how our generation is listless coasters and just fall into things and accomplish little on our own.  He moved into how it's merely riding someone else's coattails and it's not really achieving anything for yourself.  The tl;dr of what was a fifteen minute in-class excoriation of a student who asked what I thought was a reasonable question was \"\"If you're not signing your own paycheques, you are a huge failure and are contributing nothing of note to society or it's progress.\"\"    This particular rant pretty much sealed my withdrawal from the business aspect of my school.  If my very goals render me a huge failure in my profs' eyes, I'm not interested in what they have to say or in contributing to their employment at the university.    But off that somewhat-personal tangent, the culture of \"\"glory of the startup\"\" that Amy Hoy somewhat ineloquently complains about in her article certainly exists.  In the form she's complaining about.    Your rebuttal makes sense too - it's not that VC are or aren't a risk, it's not that people don't have the right and the opportunity to take that risk if they see it as a valid opportunity to make money, it's not like it's fair to expect a VC to fund you without seeing a profit in the long run.    But you're rebutting her thesis with something that doesn't actually address it.    The culture that she's complaining about exists, in my experience. The culture glosses over so much of what you rebutted her article with, that risks exist and that failures exist and that there are a lot of harsh realities associated with the startup world.  The culture does, indeed, glorify all the best parts of startup-dom and creates a toughness challenge that renders \"\"no, this may not be a good idea\"\" unfalsifiable because failure are personal while successes are cultural.   Successful startups and people who have done very well by them are held up as everything startups are supposed to be and look at how their hard work paid off - and if yours doesn't work, it is entirely that you didn't work hard enough.  Someone who has bought in wholesale holds that there are no \"\"bad\"\" startups - any startup can be successful, you just need to bust balls working harder if you fail.    Startups are akin to gambling.  They're not the roulette of \"\"it's all luck,\"\" but closer to five card stud - skill plays a lot of a role, but there's still luck involved.    Startup culture represents all this as far closer to Texas Hold 'Em, where luck in minimized, where skill and diligence play the greatest role.  It assumes that everyone going in already knows all the things you brought up in your rebuttal, without ever actually giving them that information.  It keeps pimping \"\"just work harder\"\" without really saying \"\"Hey, guys - check the odds you're playing with **and know when to hold and when to fold**.\"\"\""}
{"_id": "157238", "title": "", "text": "This is focused on communication rather than the decision process.  Communication is flat but decisions can follow a structure.    Many managers out there force employees to follow the structure.  Musk is right, that is self-serving.    This is an awesome memo.  I've worked in places that needed that memo printed on every door."}
{"_id": "157239", "title": "", "text": "\"We cannot know if you owe them anything. But at the least I would expect that they don't just say \"\"you owe us\"\" but \"\"we found out that we were supposed to pay you $X, but we paid you $Y which is more\"\", and then we can go from there.  There are things like \"\"we should have paid you $12.20 per hour for the last year, but we paid you $12.50 per hour\"\", where you can tell them that by paying you that rate, you assumed it was correct one, you wouldn't have worked for less, so they effectively gave you a raise. On the other hand, if they say \"\"you worked here for 38 hours a week, but we paid you for 40 hours a week\"\", and you did indeed work only 38 hours, then most likely they are correct.\""}
{"_id": "157257", "title": "", "text": "Linksys Smart Wi-Fi routers can be easily setup through the setup wizard provided by the Linksys Company. This is designed for the ease of the users. If you still having issues or do not know how to setup the router using setup wizard. Get in touch for help."}
{"_id": "157261", "title": "", "text": "\"Possible but very unlikely. Money market funds invest in high grade liquid assets and the primary goal is not to lose money. I have not been able to find an example of a Vanguard money market fund ever \"\"breaking the buck\"\" and having the value of a share go below a dollar. It is possible that this could happen in the event of a large scale financial collapse, but even then I would call it possible rather than likely.\""}
{"_id": "157292", "title": "", "text": "eSalesData can get sales teams and marketing departments directly in touch with the honchos that run the architecture industry. Our information banks are packed with contact information that pertains to everyone from the biggest to the tiniest of architecture establishments and will, without a doubt, help you reach your exact target market."}
{"_id": "157347", "title": "", "text": "The product type and transaction direction are not linked.  When you short sell a stock, you are still dealing with shares of an equity security.  When you take delivery of a bond, you are buying that bond and holding a long position even though it's a debt security."}
{"_id": "157348", "title": "", "text": "&gt; a device with a microphone on all the time in their house  You mean like your phone? Which also has video, gps, your credit card info, personal identity, known contacts, etc? Yeah I'm sure Alexa is the tipping point."}
{"_id": "157364", "title": "", "text": "People talking the impact of manufacturing costs on the final price are completely missing the point of how this industry works.  Nobody needs a goddamn mechanical movement to keep time. You can do a better job digitally for pennies.  These watches are status symbols. High prices are the *whole point*."}
{"_id": "157376", "title": "", "text": "Yes traders, living or algorithmic, are the only direct factors that can cause a change in the price of a marketable item. Traders can be affected by news, broken exchanges ;), emotional cycles, lunar cycles, time the trader goes to lunch (or a power cycle if you are an algo running on that unfortunate OS), anything."}
{"_id": "157378", "title": "", "text": "exactly...and this isn't even just theory...we have hard examples of higher tax rates NOT translating into higher tax receipts:  While we had crazy top income rates in the past per this: http://t-a-x.net/wp-content/uploads/2016/08/1.png  we saw that didn't translate at all into higher actual $ receive by the govt: https://cdn.theatlantic.com/static/mt/assets/business/taxrevenuepercentGDP.png"}
{"_id": "157391", "title": "", "text": "I thought it was interesting they would ignore it because it makes them look complicit. I doubt Republicans will agree to subpoena DB, so we'll never know. .   Also, could anyone explain the mirror trades a big more in depth?"}
{"_id": "157393", "title": "", "text": "Whenever an article like this pops up people love to point out the fact people may not have much in savings because savings accounts are effectively stagnant money. However, that many people with &lt;$1,000 certainly means it's because they don't really have any money to begin with, and not that it's invested elsewhere, right?"}
{"_id": "157414", "title": "", "text": "Let's look at some of your options: In a savings account, your $40,000 might be earning maybe 0.5%, if you are lucky.  In a year, you'll have earned $200.  On the plus side, you'll have your $40,000 easily accessible to you to pay for moving, closing costs on your new house, etc. If you apply it to your mortgage, you are effectively saving the interest on the amount for the life of the loan.  Let's say that the interest rate on your mortgage is 4%.  If you were staying in the house long-term, this interest would be compounded, but since you are only going to be there for 1 year, this move will save you $1600 in interest this year, which means that when you sell the house and pay off this mortgage, you'll have $1600 extra in your pocket. You said that you don't like to dabble in stocks.  I wouldn't recommend investing in individual stocks anyway.  A stock mutual fund, however, is a great option for investing, but only as a long-term investment.  You should be able to beat your 4% mortgage, but only over the long term.  If you want to have the $40,000 available to you in a year, don't invest in a mutual fund now. I would lean toward option #2, applying the money to the mortgage.  However, there are some other considerations: Do you have any other debts, maybe a car loan, student loan, or a credit card balance?  If so, I would forget everything else and put everything toward one or more of these loans first. Do you have an emergency fund in place, or is this $40,000 all of the cash that you have available to you?  One rule of thumb is that you have 3 to 6 months of expenses set aside in a safe, easily accessible account ready to go if something comes up.   Are you saving for retirement?  If you don't already have retirement savings in place and are adding to it regularly, some of this cash would be a great start to a Roth IRA or something like that, invested in a stock mutual fund. If you are already debt free except for this mortgage, you might want to do some of each: Keep $10,000 in a savings account for an emergency fund (if you don't already have an emergency fund), put $5,000 in a Roth IRA (if you aren't already contributing a satisfactory amount to a retirement account), and apply the rest toward your mortgage."}
{"_id": "157456", "title": "", "text": "Time value of money means it's a no brainer: if it doesn't cost you anything extra (ie. Interest) then you pay over time.  You must pay it. It is not optional. You won't be able to fight it and win. Someone paid taxes in your behalf and you are obligated to reimburse them. Not paying is a great way to trigger a foreclosure. You will be considered in default of your mortgage if you do not pay them."}
{"_id": "157469", "title": "", "text": "\"If the person has prepared (\"\"put your affairs in order\"\") then they will have a will and an executor. And this executor will have a list of the life insurance policies and will contact the companies to arrange payouts to the beneficiaries. It's not really the beneficiary's job to do that. If the person hasn't made a list of their policies, but has a will and an executor, then the executor can try things like looking at recently paid bills (you're sending $100 a month to \"\"Friendly Life Insurance Company\"\"? Bet it's a life insurance policy) or paperwork that is in the person's home or their safety deposit boxes. Even if you don't have the key to those boxes, a copy of the will and the death certificate will get the box drilled out for you. If you don't know what bank they might have SD boxes at, again your paperwork will get the manager to find out for you if there is a box at that particular branch, so a day spent visiting branches can be fruitful. (Something I know from personal experience with someone whose affairs were nowhere near in order.) Generally you find out you're a beneficiary of a will because the executor tells you. I suppose it's possible that a person might name you beneficiary of their life insurance without telling you or anyone else, and without writing a will, but it's pretty unlikely. If you're worried, I suggest you encourage your parents, grandparents, and other likely namers of you to write up some paperwork and keep it somewhere family is likely to find it. (Not hidden inside a book on a bookcase or in the back of the wool cupboard.)\""}
{"_id": "157472", "title": "", "text": "The real, short-term effect is that prices will go up a bit, have no effect on the amount of actual travel, and the government(s) that impose this tax will rake in more money to waste.  This is what the governments actually want, but CO2 emissions is a good way to sell it.  The long-term effect is that people will be just a bit more, on the margin, likely to avoid interacting with the European economy, which sucks for everyone."}
{"_id": "157474", "title": "", "text": "If they bring cash, meet at your bank to verify. If they want to use cashiers check, meet them at their bank. Large amounts use wires directly to your acct and verify (not only received, but deposited) before handing over the title/keys."}
{"_id": "157480", "title": "", "text": "As you said, the next generation will be cheaper and more efficient. Same for the generation after that. From a financial standpoint, there isn't a steadfast theory that supports when to buy the technology. It comes down to primarily personal issues.  As far as I know, Musk's claims about the cost were relating to a traditional slate roof, not a traditional asphalt shingle roof. I can't recall if he explicitly said one way or the other, but I have yet to see any math that supports a comparison to asphalt shingles. If you look at all of the demos and marketing material, it's comparisons to various styles of tile roofing, which is already more expensive than asphalt shingles.  Do you feel it's worth it to invest now, or do you think it would be more worth it to invest later when the costs are lower? A new roof will last 10-20 years (if not longer...I'm not a roof expert). Do you need a new roof yet? Are your electricity bills high enough that the cost of going solar will offset it enough? Can you sell unused power back to your power company? I could go on, but I think you get the point. It's entirely a personal decision, and not one that will have a definitive answer. If you keep waiting to make a purchase because you're worried that the next generation will be cheaper and more efficient, then you're never going to make the purchase."}
{"_id": "157495", "title": "", "text": "I think people are tiring of the 200 TV mega chain bars and prefer something a bit smaller and locally owned. I know I do, and it seems the sales trends back that up. Locally owned non-chain restaurants (mom and pops) are doing well right now."}
{"_id": "157496", "title": "", "text": "From your viewpoint you paying the dealer directly is better. You know that the check went to the dealer, and was used to purchase a car.  If you give the check to your friend they may say I can't find the car I want this week, so I will purchase it next week but first let me by groceries and a new suit. I will replace the funds after my next paycheck. Next thing you know they are still short of funds. This might not happen, but it could. From your friends viewpoint getting a check from you allows them to potentially keep your part of the transaction out of view of the dealer/lender. In a mortgage situation the lender will take a look at your bank account to make sure there isn't a hidden loan, but I am not sure they do when they are approving a car loan. What you want to avoid is being a co-signer for the loan. As a co-signer you will be responsible for all payments; and missed payments will hurt your credit score."}
{"_id": "157504", "title": "", "text": "\"One thing I would like to clear up here is that Black Scholes is just a model that makes some assumptions about the dynamics of the underlying + a few other things and with some rather complicated math, out pops the Black Scholes formula. Black Scholes gives you the \"\"real\"\" price under the assumptions of the model. Your definition of what a \"\"real\"\" price entails will depend on what assumptions you make. With that being said, Black Scholes is popular for pricing European options because of the simplicity and speed of using an analytic formula as opposed to having a more complex model that can only be evaluated using a numerical method, as DumbCoder mentioned (should note that, for many other types of derivative contracts, e.g. American or Bermudan style exercise, the Black Scholes analytic formula is not appropriate). The other important thing to note here is that the market does not necessarily need to agree with the assumptions made in the Black Scholes model (and they most certainly do not) to use it. If you look at implied vols for a set of options which have the same expiration but differing strike prices, you may find that the implied vols for each contract differ and this information is telling you to what degree the traders in the market for those contracts disagree with the lognormal distribution assumption made by Black Scholes. Implied vol is generally the thing to look at when determining cheapness/expensiveness of an option contract. With all that being said, what I'm assuming you are interested in is either called a \"\"delta-gamma approximation\"\" or more generally \"\"Greek/sensitivities based profit and loss attribution\"\" (in case you wanted to Google some more about it). Here is an example that is relevant to your question. Let's say we had the following European call contract: Popping this in to BS formula gives you a premium of $4.01, delta of 0.3891 and gamma of 0.0217. Let's say you bought it, and the price of the stock immediately moves to 55 and nothing else changes, re-evaluating with the BS formula gives ~6.23. Whereas using a delta-gamma approximation gives: The actual math doesn't work out exactly and that is due to the fact that there are higher order Greeks than gamma but as you can see here clearly they do not have much of an impact considering a 10% move in the underlying is almost entirely explained by delta and gamma.\""}
{"_id": "157509", "title": "", "text": "&gt; Honestly, I think this open access to the stock market whereby anyone can be a 'trader' is a terrible thing.  Really? Could you please elaborate? Do you think it's a flaw in the stock market system itself or in peoples' financial education?"}
{"_id": "157518", "title": "", "text": "The results are generated by our one-of-a-kind system within seconds of submitting the completed online questionnaire. These results are then delivered to the company representative\u2019s inbox so that they can be distributed freely for the company\u2019s decision makers to peruse and act upon."}
{"_id": "157536", "title": "", "text": "No, remittances are a current account.   Capital/financial accounts are \u201cinvestments\u201d. Current account is transactional. So if I take out a loan from a Spanish bank in Latin America, the principal of the loan is recorded as a capital flow but the interest income is a current account flow.   If I make a dollar here and send it to a family member in Mexico, that\u2019s considered a current account flow.   The BPM6 manual from the IMF has the updated information on BOP accounting. It was updated in like 2013, I believe. It\u2019s quite technical and dull but if you\u2019re really curious it\u2019s a 300+ page guide on the intricate details."}
{"_id": "157537", "title": "", "text": "I understand you are trying to remain neutral here, as any cautious person should be. However, facts are facts, and to falsely blame both sides when it is quantifiably provable that one side is primarily to blame only punishes the less guilty party and rewards the party creating the worst situation.  Yes, there is a bit of momentum that carries over from one president to the next. For instance, Clinton left a booming economy and a budgetary surplus to W Bush, who left the Great Recession, 2 unfunded wars, and massive tax cuts (mostly for the rich) to Obama.   Overall however, the article (and [the study it cites](http://www.princeton.edu/~mwatson/papers/Presidents_Blinder_Watson_July2014.pdf)) actually address this point. It is important to recognize that."}
{"_id": "157548", "title": "", "text": "Dwolla looks to be a great option. But it requires users to have an account there (Free to sign up). And there rates are absolutely amazing.  Free for transactions under $10 $0.25 to receive money on transactions over $10"}
{"_id": "157551", "title": "", "text": "You need receipts only if you claim deductions in the itemized deductions section based on them. You itemize deductions only if your claims exceed the standard deduction (which for a single person was $5,800 last year). Even then, you need receipts for everything only if you claim sales tax as the deduction (you have to buy really a lot to pass $5K with sales tax...). I would expect people to pay more in state income taxes than sales taxes (you can claim either this or that, not both). For food - there are no taxes (at least here in California), so nothing to deduct anyway. In any case, you can always scan your receipts and keep them in the computer, for just in case, but IMHO it's waste of time, pixels and gigabytes. Here's a question which deals with the same issue, read the answers there as well."}
{"_id": "157553", "title": "", "text": "No, it makes no sense.   The US national debt is different from other debt on TWO KEY WAYS : 1.) The national debt is not money we owe to our government IT IS MONEY WE OWE TO OURSELVES. 2.) If the GNP of our country can grow at a rate equal to or greater than the national debt interest, then the figure of national debt has no bearing on anything. So a more philanthropic endeavor would be to help grow the economy."}
{"_id": "157567", "title": "", "text": "solidcopy, my point was that during the 4 transitions listed above, people had the same fears as you do today. What would all the horse workers do? What would the whaling industry do? That would the secretarial industry do? What would the switch board operating industry do? Society as a whole has benefitted.    1. With cars, you can now travel faster and longer than a horse and its much cleaner.   2. With incandescent light bulbs, you now have better lighting and you don't have to kill whales for it.   3. With computers, you have the ability to communicate with people from all over the world and our productivity, entertainment, and lives are better than ever.   4. With automatic telephone switch boxes, long distance calls now cost nothing when we used to be charged upwards of 10 dollars a minute.    All those people eventually found other jobs. There isn't a society of unemployed horse people, whaling people, secretaries, or switch box operators. They were all able to transition."}
{"_id": "157586", "title": "", "text": "So there's no extra money from your employer if you contribute extra to your 403(b)? My answer will be a bit different than most others, but I'd recommend not paying another dime into your 403(b).  Pay your taxes now, and be done with them. Retirement saving does not need to be in a tax-deferred or tax-free account. Rent vs. buy is another question.  Buy from a distressed seller at a heavy discount.  You have time.  Don't panic or rush in."}
{"_id": "157592", "title": "", "text": "This looks pretty good. Do you use their payroll software at all? Currently I am using Gusto and it is pretty automatic with some nice integrations (time tracking software, etc.).  It sounds like if you can accomplish everything with Wave's platform it is a really good option."}
{"_id": "157597", "title": "", "text": "Look at Price/book value and there are more than a few stocks that may have a P/B under 1 so this does happen. There are at least a couple of other factors you aren't considering here: Current liabilities - How much money is the company losing each quarter that may cause it to sell repeatedly. If the company is burning through $100 million/quarter that asset is only going to keep the lights on for another 2.5 years so consider what assumptions you make about the company's cash flow here. The asset itself - Is the price really fixed or could it be flexible? Could the asset seen as being worth $1 billion today be worth much less in another year or two? As an example, suppose the asset was a building and then real estate values drop by 40% in that area. Now, what was worth $1 billion may now be worth only $600 million. As something of a final note, you don't state where the $100 million went that the company received as if that was burned for operations, now the company's position on the asset is $900 million as it only holds a 90% stake though I'd argue my 2 previous points are really worth noting. The Following 6 Stocks Are Trading At or Below 0.5 x Book Value\u2013Sep 2013 has a half dozen examples of how this is possible. If the $100 million was used to pay off debt, then the company doesn't have that cash and thus its assets are reduced by the cash that is gone. Depending on what the plant is producing the value may or may not stay where it is. If you want an example to consider, how would you price automobile plants these days? If the company experiences a reduction in demand, the plant may have to be sold off at a reduced price for a cynic's view here."}
{"_id": "157626", "title": "", "text": "\"What do you think Keynes recommended?  He's got a bad rap in the US, I think unfairly.  Also, you seem to be implying that Keynes was part of the Chicago School, which given the fact that the Chicago School has a history of rejecting Keynesianism and that it postdates Keynes' death seems a little unfair.  Here's a quote from Keynes that often surprises Keynes-haters:  &gt; By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some.... &gt; &gt;Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become \"\"profiteers,\"\" who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat. As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery. &gt; &gt; *The Economic Consequences of the Peace*\""}
{"_id": "157627", "title": "", "text": "A parking lot is someone else's property. They get to decide whether you can park a mobile home or equivalent, and can demand you remove it at any time. Similarly, permission to charge an electric car us not permission to use power for anything else.  And health codes will be applied to your housing, as will zoning laws, as will... Without permission you are just begging for trouble. With permission (which may involve paying rent for the space and paying for utilities) you're still likely to find this much more complicated, difficult, and expensive than it appears."}
{"_id": "157630", "title": "", "text": "You lose your agent services. When my wife wrecked our car 3 years ago our agent took care of everything.  He got us a rental car, made the arrangements to get it fixed, checked in to see how we were doing, and even helped us set up a second opinion on my wifes wrist surgery.  The accident was ruled the fault of the uninsured driver who decided to take off through the red light.  But our insurance was the one that covered it all total expenses over 80k.  We would have had to eat most of those with out full coverage.   Most everything was set up (our rental car, estimates on repair, even her inital consutation with the surgeon) before the investigator had filed her report. Our agents first question was is everyone ok. His second was what can i do to help? He never asked us what happened and was always ahead of our needs in dealing with it.   If these things are not important to you, you can probably save quite a bit of money self insuring.  But if you are in an accident and unable to do them yourself, do you have someone to do it for you?  Do you trust them to handle your business and are you willing to saddle them with the responsibility of dealing with it?  To me insurance is less about me and more about my family.  It was nice that my agent did all of that for me.  I would have been willing to do it myself though.  But I am glad to know he is there for my wife if something happens to me."}
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{"_id": "157652", "title": "", "text": "Good food isn't *that* difficult of a target to hit.  Around here, you're going to spend a good $15 (including tax and tip) for what is essentially a microwaved cheeseburger.  Not much different from the $3 microwave cheeseburger in the freezer at the supermarket.  Why pay an extra $12?"}
{"_id": "157674", "title": "", "text": "In my experiences most hedge funds won't have a benchmark in their mandate and are evaluated based upon absolute returns.  Their benchmarks are generally cash + x basis points.  So, no attribution and no IR.  No experience at all with CTA's though, so not sure how things are there."}
{"_id": "157678", "title": "", "text": "\"Hm, I took it as \"\"Ingratiate yourself, build up a history, then when no one's suspecting STRIKE with your marketing/advertising posts.\"\"   It's actually not bad advice and I'm sure many here do it. I'm not a fan of it being done for profit, it's just going to lead lower quality comments and posts.  I think they could have replaced the infographic with \"\"Understand How Memes Work\"\" and achieved the same result.\""}
{"_id": "157682", "title": "", "text": "A combination of the following: Shareholders pushing for larger and larger returns. Combining with Nixon opening China and the rise of foreign manufacturing. On top of this, the decline of unions and support of unions in the US. Over time, American consumers have been conditioned to buy the cheapest item. They'll sell out a competing item for pennies.   Now we live in a globalized world, so to bring back American labor, we probably have to make it competitive with cheap foreign when all costs are calculated (logistics, training, wages, etc). In China, many of the big factories are run like clockwork, with the workers living in dorms and away from their families.   If we try and legislate a solution with tax cuts for onshoring jobs and penalties to offshore, we'll probably see repercussions from China."}
{"_id": "157698", "title": "", "text": "Are you looking for one of the ways to satiate your hunting adventure? We at Colorado Private Ranches can dole out an absolutely pleasurable experience. We offer unguided DIY Elk and Deer hunting and lodging facilities with the complete assurance of begetting a thrilling adventure. http://www.coloradoprivateranches.com/about.html"}
{"_id": "157702", "title": "", "text": "From everything I have read I still cannot be convinced of Whole Life Insurance Good!  You have a brain! but it seems to be the first thing any financial advisor is trained to sell. The commissions on whole life are sick.  The selling agent gets upward of 90% of your first year's premium.  I imagine that the regional and district managers split the remaining 10%, but that is speculation.  This is why there is typically a 15 year surrender charge on whole life.  The LI company is not getting any of the money! You may want to reevaluate any financial adviser that promotes whole life.  If it was me, I would fire them the moment the words came out of their mouth."}
{"_id": "157712", "title": "", "text": "I am a US citizen and I want to transfer some amount 10 lakhs+ to my brother from my NRE account in India to his account. My brother is going to purchase something for his business. He is going to return my amount after 3-4 Months From the description it looks like you would like to loan to your brother on repatriation basis. Yes this is allowed. See the RBI Guide here and here for more details. There are some conditions; (iv) Scheme for raising loans from NRIs on repatriation basis   Borrowings not exceeding US$ 2,50,000 or its equivalent in foreign exchange by an individual resident in India from his close relatives resident outside India, subject to the conditions that - a) the loan is free of interest;   b) the minimum maturity period of   the loan is seven years;   c) The amount of loan is received by inward   remittance in free foreign exchange through normal banking channels or   by debit to the NRE/FCNR account of the non-resident lender;    d) The   loan is utilised for the borrower's personal purposes or for carrying   on his normal business activity but not for carrying on   agricultural/plantation activities, purchase of immovable property or   shares/debentures/bonds issued by companies in India or for   re-lending. Although it is mentioned as Seven years, this is revised to one year. Since he cannot deposit into my NRE account I guess he has to deposit it into my NRO account. A repatriate-able loan as above can be deposited into NRE Account. Is there any illegality here doing such transaction? No. Please ensure proper paper work to show this as loan and document the money trail. Also once I get my money in NRO account do I need to pay taxes in India on the money he deposited? This question does not arise."}
{"_id": "157715", "title": "", "text": "I believe it is so.  It doesn't sound like they did anything outright illegal, just a pushy upsell.  You can complain to the bank manager.  If you want you can mention the employee by name (if you know who they are).  Ultimately, you can change banks.  From what you say it sounds like you are dissatisfied with this bank, so I think you should at least begin evaluating other banks and consider switching.  You can also let your current bank know you are planning to take all your money away from them specifically because of their poor customer service. You could consider filing a complaint with the Consumer Financial Protection Bureau alleging that the bank engaged in some kind of deceptive marketing of their financial products.  Of course you can also file a complaint with something like the Better Business Bureau, or even just write a negative Yelp review.  But these actions won't really result in any penalty for the bank as a result of what they did in your specific case; they just express your dissatisfaction in a way that will be recorded and possibly made public (e.g., in a list of complaints) to protect future consumers. If you're really gung-ho and have time and money to burn, you could hire a lawyer and get legal advice about whether it is possible to sue the bank for fraud or misuse of your personal information.  Needless to say, I think this would be overkill for this situation.  I would just cancel the credit card, tell the bank you're dissatisfied, switch banks, and move on."}
{"_id": "157723", "title": "", "text": "Yes, Jeff is in for the compensation, and during his years at GE, despite all the good marketing efforts he did about HIMSELF, GE did not do so well, albeit, did not do terrible either.  He's not such a genius.  Read more [here](https://www.bloomberg.com/view/articles/2017-06-12/a-better-way-to-measure-jeff-immelt-s-performance)"}
{"_id": "157726", "title": "", "text": "You should see all the albums I have in a drawer at home not bringing me any joy whatsoever.  I'm 48 years old and I've been using a digital streaming source for most of my listening pleasure for the last 10 years."}
{"_id": "157728", "title": "", "text": "A common rule of thumb is the 28/36 ratio. It's described here. In your case, with a gross (?) salary of \u00a350,000, that means that you should spend no more than 28% of it, or \u00a31,167 per month on housing. You may be able to swing a bit more because you have no debts and a modest amount in your savings. The 36% part comes in as the amount you can spend servicing all your debt, including mortgage. In your case, based on a gross (?) salary of \u00a350,000, that'd be \u00a31,500 per month. Again, that is to cover your housing costs and any additional debt you are servicing. So, you need to figure out how much you could bring in through rent to make up the rest. As at least one other person has commented, the rule of thumb is that your mortgage should be no more than 2.5 - 3 times your income. I personally think you are not a good candidate for a mortgage of the size you are discussing. That said, I no longer live in England. If you could feel fairly secure getting someone to pay you enough in rent to bring down your total mortgage and loan repayment amounts to \u00a31,500 or so a month, you may want to consider it. Remember, though, that it may not always be easy to find renters."}
{"_id": "157729", "title": "", "text": "Buy them a physical stock certificate... you can request them from a broker, or buy through a company like http://www.oneshare.com. Other options:"}
{"_id": "157738", "title": "", "text": "\"To the best of my knowledge the UK's online banking systems look purely at the Sort Code and Account Number when routing transfers.  The name is not cross-checked to ensure it matches. This is why it's so easy to misdirect transfers if you make an error entering the numbers and inadvertently enter the details for a valid account belonging to the wrong person. So in your case so long as you're sure you have the correct account number and sort code it doesn't matter what you put in the name field - it'll end up in the account to which those numbers apply.  Of course you might as well put your \"\"best guess\"\" into the name field since it doesn't hurt, and in the event that something does go wrong it's backup evidence of your intentions.\""}
{"_id": "157751", "title": "", "text": "A desktop application that has the same features (although as already stated, nothing will be identical but if you are looking for functionality then certainly there will be) and pretty simple to use was Microsoft Money, however, Microsoft stopped supporting it with newer versions and while the existing versions will work, I still use mine, there will be no future updates. I like the interface, its simple to use and has all the features you want. They abandoned it in favor of Intuit's Quicken but personally I am not a fan of the Quicken interface. They still had a more extensive and probably too much for the average user application called Office Accounting, but they abandoned future updates and supports on that in favor of Intuit's Quickbooks. Again, I am not a fan of the interface but they are very feature rich including invoicing and payroll, again overkill for the average user. They still have the Small Business Accounting in the form of Microsoft Dynamics, but that is utterly overkill for personal use. I generally don't trust online or cloud based accounting solutions like Mint or even Quicken online because I don't trust my information security to some third party without knowing how they are securing it and what will happen to me if/when they are leaked due to breach. So I like to keep everything local to myself and that's a good move for you, you should do that. It seems at the moment the market standard without much competition is Quicken for personal use and Quickbooks for small business. I would recommend you start with Quicken and if your needs increase in the future, you can easily transfer into Quickbooks to scale up as they are fully compatible with each other. Check it out here and compare their products to see what works best for your needs."}
{"_id": "157759", "title": "", "text": "For a deep in the money, it almost makes no difference because the intrinsic value, the price of the option, is seldom far above the liquidation value, the price of the underlying less the strike price. For an at the money, ceteris paribus, an early exercise would immediately cut the value of the option to 0; however, life is not so simple as JB King has shown. Purely theoretically, for an at or near the money option, an early exercise will be an instantaneous cost because the value after exercise is less than the previously trading or implied option price."}
{"_id": "157765", "title": "", "text": "A stipend received for the specific purposes of studies is not taxable. It is not clear from your question as to whether there are any strings attached to the money you receive. If its not for specific purpose, then its taxable as income and tax need to be paid accordingly. Please consult a CA and he can go through the specifics of your case."}
{"_id": "157789", "title": "", "text": "Why has no one reported on the declining market share of whole foods? Walmart was able to strategically target their customer and go after them. You'll never hear Walmart say this, but I secretly think they are celebrating this acquisition."}
{"_id": "157816", "title": "", "text": "Also, cash doesn't necessarily mean cash in the bank, like you or I would think of. It means cash-convertible (usually bonds) that can be sold or turned into cash within three months period (but usually can be done within a few weeks).  But like you said, they are probably making more money by keeping it in their current investments. Plus, interest rates are at the lowest they will ever be, and GE is practically borrowing money for free.   Quite smart, actually."}
{"_id": "157872", "title": "", "text": "How bad would maxing out my credit card once a year affect my score is a related discussion. You shouldn't be using 20%, but rather keep the monthly statement below 20%. If the credit lines add to $5000, charging gas and paying in full each month will help your score (obviously, I assume you don't pay more than $1000/mo for gas). Letting the balance go unpaid month to month means you are paying interest. Probably 18% or more. This is bad."}
{"_id": "157876", "title": "", "text": "\"Highlights from Bill Browder's Senate Judiciary Testimony:  &gt;Russia has a well-known reputation for corruption; unfortunately, I discovered that it was far worse than many had thought.  &gt;When Putin was first elected in 2000, he found that the oligarchs had misappropriated much of the president\u2019s power as well. They stole power from him while stealing money from my investors.  &gt;**in July 2003 ... Putin arrested Russia\u2019s biggest oligarch and richest man, Mikhail Khodorkovsky.** After Khodorkovsky\u2019s conviction, the other oligarchs went to Putin and asked him what they needed to do to avoid sitting in the same cage as Khodorkovsky. From what followed, **it appeared that Putin\u2019s answer was, \u201cFifty percent.\u201d He wasn\u2019t saying 50 percent for the Russian government or the presidential administration of Russia, but 50 percent for Vladimir Putin personally. From that moment on, Putin became the biggest oligarch in Russia and the richest man in the world**  &amp;nbsp; &gt;**Over 25 Interior Ministry officials barged into my Moscow office and the office of the American law firm that represented me. The officials seized all the corporate documents connected to the investment holding companies of the funds that I advised. I didn\u2019t know the purpose of these raids so I hired the smartest Russian lawyer I knew, a 35-year-old named Sergei Magnitsky.** I asked Sergei to investigate the purpose of the raids and try to stop whatever illegal plans these officials had.  &gt;Sergei went out and investigated. **He came back with the most astounding conclusion of corporate identity theft: The documents seized by the Interior Ministry were used to fraudulently re-register our Russian investment holding companies to a man named Viktor Markelova known criminal convicted of manslaughter. After more digging, Sergei discovered that the stolen companies were used by the perpetrators to misappropriate $230 million of taxes that our companies had paid to the Russian government in the previous year.**  &amp;nbsp; &gt;As I thought about it, the murder of Sergei Magnitsky was done to cover up the theft of $230 million from the Russian Treasury. I knew that the people who stole that money wouldn\u2019t keep it in Russia. As easily as they stole the money, it could be stolen from them. These people keep their ill-gotten gains in the West, where property rights and rule of law exist. This led to the idea of freezing their assets and banning their visas here in the West.  &gt;**In 2010, I traveled to Washington and told Sergei Magnitsky\u2019s story to Senators Benjamin Cardin and John McCain. They were both shocked and appalled and proposed a new piece of legislation called The Sergei Magnitsky Rule of Law Accountability Act.**  &gt;Despite the White House\u2019s desire to reset relations with Russia at the time, this case shined a bright light on the criminality and impunity of the Putin regime and persuaded Congress that something needed to be done. **In November 2012 the Magnitsky Act passed the House of Representatives by 364 to 43 votes and later the Senate 92 to 4 votes. On December 14, 2012, President Obama signed the Sergei Magnitsky Act into law.**  &gt;**Putin was furious. Looking for ways to retaliate against American interests, he settled on the most sadistic and evil option of all: banning the adoption of Russian orphans by American families.**  &amp;nbsp; &gt;**since 2012 it\u2019s emerged that Vladimir Putin was a beneficiary of the stolen $230 million that Sergei Magnitsky exposed.**  &gt;**I estimate that he has accumulated $200 billion of ill-gotten gains from these types of operations over his 17 years in power.** He keeps his money in the West and all of his money in the West is potentially exposed to asset freezes and confiscation. **Therefore, he has a significant and very personal interest in finding a way to get rid of the Magnitsky sanctions.**  &gt;**The second reason why Putin reacted so badly to the passage of the Magnitsky Act is that it destroys the promise of impunity he\u2019s given to all of his corrupt officials.**  &gt;**There are approximately ten thousand officials in Russia working for Putin who are given instructions to kill, torture, kidnap, extort money from people, and seize their property. Before the Magnitsky Act, Putin could guarantee them impunity and this system of illegal wealth accumulation worked smoothly.** However, after the passage of the Magnitsky Act, Putin\u2019s guarantee disappeared. **The Magnitsky Act created real consequences outside of Russia and this created a real problem for Putin and his system of kleptocracy.**  &amp;nbsp; &gt; One of the most shocking attempts took place in the spring and summer of last year when a group of Russians went on a lobbying campaign in Washington to try to repeal the Magnitsky Act by changing the narrative of what had happened to Sergei.  &gt;**Who was this group of Russians acting on behalf of the Russian state? Two men named Pyotr and Denis Katsyv, a woman named Natalia Veselnitskaya**, and a large group of American lobbyists, all of whom are described below.  &amp;nbsp; &gt;**Her first step was to set up a fake NGO that would ostensibly promote Russian adoptions, although it quickly became clear that the NGO\u2019s sole purpose was to repeal the Magnitsky Act. This NGO was called the Human Rights Accountability Global Initiative Foundation (HRAGI).**  &gt;**Through HRAGI, Rinat Akhmetshin, a former Soviet intelligence officer naturalised as an American citizen, was hired to lead the Magnitsky repeal effort.**  &amp;nbsp; &gt;**Veselnitskaya also instructed U.S. law firm Baker Hostetler and their Washington, D.C.-based partner Marc Cymrot to lobby members of Congress to support an amendment taking Sergei Magnitsky\u2019s name off the Global Magnitsky Act. Mr. Cymrot was in contact with Paul Behrends, a congressional staffer on the House Foreign Affairs Committee at the time, as part of the anti-Magnitsky lobbying campaign.**  &gt;**Veselnitskaya, through Baker Hostetler, hired Glenn Simpson of the firm Fusion GPS to conduct a smear campaign against me and Sergei Magnitsky in advance of congressional hearings on the Global Magnitsky Act.**  &amp;nbsp; &gt;As part of Veselnitskaya\u2019s lobbying, a former Wall Street Journal reporter, Chris Cooper of the Potomac Group, was hired to organize the Washington, D.C.-based premiere of a fake documentary about Sergei Magnitsky and myself. This was one the best examples of Putin\u2019s propaganda.  &amp;nbsp; &gt;**On June 13, 2016, they funded a major event at the Newseum to show their fake documentary, inviting representatives of Congress and the State Department to attend.**  &gt;**While they were conducting these operations in Washington, D.C., at no time did they indicate that they were acting on behalf of Russian government interests, nor did they file disclosures under the Foreign Agent Registration Act.**  **Cherry On Top:**  **From Trump's Interview with The New York Times.**  &gt;\"\"The meal was going toward dessert,\"\" Trump said. \"\"I went down just to say hello to Melania, and while I was there I said hello to Putin. Really, pleasantries more than anything else. It was not a long conversation, but it was, you know, could be 15 minutes. Just talked about things. **Actually, it was very interesting, we talked about adoption.\"\"**\""}
{"_id": "157890", "title": "", "text": "\"I recently needed to compute a better balance that let us pick and choose what to include in the computed sum without losing information, so I revisited this topic and I'm pleased to say that I've found a solution that works (at least for our data - you may have transactions that this code doesn't recognize, but you can always modify it to match). My solution was written natively for MS SQL Server 2008 or later, it uses a scalar UDF, a VIEW, and a windowed aggregate (SUM OVER (ORDER BY ...) which means it should be almost-syntax compatible with PostgreSQL. MySQL does not support OVER but you can perform a running-sum using a variable with arithmetic addition directly in the SELECT clause. Create a database table with this schema (feel free to exclude columns you're not interested in, such as Option1Name): Create a UNIQUE index on TxnId - you could use it as a primary-key, I suppose. You might be tempted to create a Foreign-Key relationship between ReferenceTxnId and TxnId, however this will fail if you enforce it: we have many transactions where ReferenceTxnId points to a Transaction that doesn't exist. This is usually in the case of [Type] = 'Web Accept Payment Received' AND [Status] = 'Canceled'. We also have some TransactionId values longer than 17 characters: some TransactionIds start with \"\"U-\"\" - all pending money requests, I suspect this indicates the transaction is \"\"unfinished\"\". Re-download your entire PayPal History CSV files so that you have the latest retroactive updates. Import these CSV files into this PayPalHistory table. Do a simple test to see how bad PayPal's default data is: To find out where the differences are coming from, run this query: (The ORDER BY (...), RowId is to ensure consistent ordering when multiple transactions share the same timestamp) As you scroll through the results, you'll see how the naive SUM is thrown-off from the official PayPal-computed Balance column. So as you can see, the Net column value cannot always be trusted - what we need is to generate our own \"\"EffectiveNet\"\" value which is accurate - that is, the value is 0.00 for rows which do not affect the balance, instead of being what they are right now. The problem is, given a single row of data (such as any single row from the example table in my original Question) we have no way of inherently knowing what its \"\"EffectiveNet\"\" is. I have devised two functions to help solve this problem, the first function only looks at the ReferenceTxnId, Type and Status column values and generates accurate values for the vast majority of rows - indeed, in our dataset we only had one row for which this approach did not work. I recommend you try this one first and compare the running-sum value to ensure it works for your data: You can use this function in the query like so below, hopefully it should give you an accurate running-sum and balance figure at the end: 8. And here's the view that ties it all together: Used like so: I hope this helps anyone else wanting to do accurate bookkeeping with PayPal Transaction History files!\""}
{"_id": "157907", "title": "", "text": "\"Currencies that are pegged or fixed require that foreign currencies are held by the central issuer at a proportional amount. This is analogous to having a portfolio of currencies that the central bank issues shares from - in the form of its own currency. We will continue with this analogy, if the central bank says these \"\"shares\"\" are worth $1, but the underlying components of the portfolio are worth $0.80 and decreasing, then it is expensive for the central bank to maintain its peg, and eventually they will have to disregard the peg as people start questioning the central bank's solvency. (People will know the $1 they hold is not really worth what the central bank says it is, because of the price changes people experience in buying goods and services, especially when it comes to imports. Shadow economies will also trade using a currency more reflective of labor, which happens no matter what the government's punishments are for doing so). Swiss National Bank (central bank) did this in early 2015, as it experienced volatility in the Euro which it had previously been trying to keep it's currency pegged to. It became too expensive for it to keep this peg on its own. The central bank can devalue its currency by adjusting the proportions of the reserve, such as selling a lot of foreign currency X, buying more of currency Y. They can and do take losses doing this. (Swiss National Bank is maintaining a large loss) They can also flood their economy with more of their currency, diluting the value of each individual 1 dollar equivalent. This is done by issuing bonds or monetizing goods and services from the private sector in exchange for bonds. People colloquially call this \"\"printing money\"\" but it is a misnomer in this day and age where printers are not relevant tools. The good and service goes onto the central bank's balance book, and the company/entity that provided the service now has a bond on its book which can be immediately sold to someone else for cash (another reading is that the bond is as good as cash). The bond didn't previously exist until the central bank said it did, and central banks can infinitely exchange goods and services for bonds. Bond monetization (also called Quantitative Easing) is practiced by the Federal Reserve in the United States, Bank of Japan, European Central Bank and now the Central Bank of the Republic of China\""}
{"_id": "157919", "title": "", "text": "\"This has been my technique for negotiating salary for a new job. I simply tell the company/recruiter, \"\"I don't negotiate. Give me an offer. If I like it, I'll take it. If I don't, I'll leave, no hard feelings, and look for another job. No second chances, no back and forth.\"\"  Has worked -very- well for me.\""}
{"_id": "157923", "title": "", "text": "First of all a big thumbs up for Ben's answer.   A few small things you can do to help you on your way.  Hopefully you are not more in debt that 6 months of salary in debt because that is a really tough road. first thing you need to do is get some professional help. The National Foundation for Credit Counseling (NFCC) offers free or low-cost debt counseling to help you through the process. Visit them at NFCC.org or call 1-800-388-2227 to find a local affiliate office near you. You might want to only use cash for a while. If not and you have a credit card with no balance always use that card because it will be interest free.  Remember if you use credit cards as a payment system and not credit, you actually get free interest.  If you roll even a penny over into the next statement you are paying interest day one of each purchase. Pay credit cards with highest interest rate first an pay minimums to others This one I like the best.  As you get money pay your credit card.  You interest is being compounded daily.  Pay your cards when you have money, not when they are due.   Have a mindset that reminds how much something is really going to cost you If you plan on taking 3 years to get out of debt and you buy something for $100 that is really costs you $156.08 Three years of compound 16% interest.   5b. Conversely if you sell something for $100 on eBay that is like selling something for $156.08."}
{"_id": "157952", "title": "", "text": "&gt; however I'm not familiar with MSRs, but I expect there to be trade offs as well. nothing is perfect  Nothing is perfect, but some things are *drastically better* than other things. For example, recycling Aluminum compared to throwing it out and mining new Aluminum. Full fuel cycle fuel-in-liquid nuclear reactors look like they're an even better deal than that."}
{"_id": "157972", "title": "", "text": "I would put this money to a high-interest savings account. It will not earn you too much, but it will save it from inflation."}
{"_id": "157990", "title": "", "text": "It's not mostly individually damaging, unfortunately. As the obese spend more on health insurance claims, we as the entire health insurance policy holders pay the price with higher premiums, since no health insurance company will pay that difference out of their pockets. With that said, instead of a ban, I'd rather see a soda tax, similar to cigarette taxes. You drink more, you pay more so when you start looking for health care related to your obesity, at least you contributed to a fund that can benefit everyone."}
{"_id": "158000", "title": "", "text": "A major reason that I can think of is financial security. Most people have reoccurring costs such as housing, car, medical expenses. If you were to put all you money into dept, and live from check to check, than you could be increasing risk of financial loss. Think about what would happen if one were to default on their mortgage? Risk management plays a huge role in personal finance, and a way of preventing financial loss is to have enough money in an accessible place to pay reoccurring costs in the event that ones situation changes unexpectedly."}
{"_id": "158006", "title": "", "text": "There are multiple ETFs which inversely track the common indices, though many of these are leveraged.  For example, SDS tracks approximately -200% of the S&P 500.  (Note: due to how these are structured, they are only suitable for very short term investments) You can also consider using Put options for the various indices as well.  For example, you could buy a Put for the SPY out a year or so to give you some fairly cheap insurance (assuming it's a small part of your portfolio). One other option is to invest against the market volatility.  As the market makes sudden swings, the volatility goes up; this tends to be true more when it falls than when it rises.  One way of invesing in market volatility is to trade options against the VIX."}
{"_id": "158008", "title": "", "text": "There generally isn't much in the way of real identity verification, at least in the US and online.  The protection you get is that with most credit cards you can report your card stolen (within some amount of time) and the fraudulent charges dropped. The merchant is the one that usually ends up paying for it if it gets charged back so it's usually in the merchant's best interest to do verification.  However the cost of doing so (inconvenience to the customer, or if it's an impulse buy, giving them more time to change their mind, etc) is often greater than the occasional fraudulent charge so they usually don't do too much about it unless they're in a business where it's a frequent problem."}
{"_id": "158035", "title": "", "text": "When you take the tourist to buy tickets, show them where and which one to buy. I didn't like how my tuk Tuk driver just sat there and pointed to where I had to go.  Explain to tourist what the price ranges are for a tour guide. I wouldn't recommend a specific tour guide because we all hate being coerced into paying people services, we will think you are all one big business.l and we don't like that!   Tripadvisor and business cards is a great idea."}
{"_id": "158058", "title": "", "text": "Your best course of action is to gather your paperwork, ask around your personal network for a recommendation for a good CPA, and pay that person to do your taxes (business and personal).  Read through the completed package and have them walk you through every item you do not understand.  I would continue doing this until you feel confident that you can file for yourself.  Even then, the first couple of times I did my own, I'd pay them to review my work.  Assuming you find a CPA with reasonable fees, they will likely point out tax inefficiencies in the way you do your business which will more than pay for their fees.   It can be like a point of honor for CPAs to ensure that their customers get their money's worth in this way.  (Not saying all CPAs work this way, but to me, this would be a criteria for one that I would recommend.)"}
{"_id": "158060", "title": "", "text": "No.just give your social security number and contact info, that's all that's needed."}
{"_id": "158063", "title": "", "text": "\"In the Income Statement that you've linked to, look for the line labeled \"\"Net Income\"\". That's followed by a line labeled \"\"Preferred Dividends\"\", which is followed by \"\"Income Available to Common Excl. Extra Items\"\" and \"\"Income Available to Common Incl. Extra Items\"\". Those last two are the ones to look at. The key is that these lines reflect income minus dividends paid to preferred stockholders (of which there are none here), and that's income that's available to ordinary shareholders, i.e., \"\"earnings for the common stock\"\".\""}
{"_id": "158075", "title": "", "text": "Over time, fees are a killer. The $65k is a lot of money, of course, but I'd like to know the fees involved. Are you doubling from 1 to 2%? if so, I'd rethink this. Diversification adds value, I agree, but 2%/yr?  A very low cost S&P fund will be about .10%, others may go a bit higher. There's little magic in creating the target allocation, no two companies are going to be exactly the same, just in the general ballpark. I'd encourage you to get an idea of what makes sense, and go DIY. I agree 2% slices of some sectors don't add much, don't get carried away with this."}
{"_id": "158076", "title": "", "text": "&gt; That's just false. Burning wood is definitely less efficient, but overall poor people release less carbon that wealthy nations.  OK, do you have a source? My understanding is that due to their much greater numbers, the poor actually contribute more CO2 than do the rich."}
{"_id": "158079", "title": "", "text": "Generally speaking, if you have significant revenue outside the US, then you're better off incorporating out of the US. The US has significantly higher corporate tax rates, and taxes on worldwide income not just revenue in the US. Setting up in an offshore country would have no corporate tax but would cost about $1000 a year in fees.   For any non-US company, your US partner would need to file a 5471 form with his US personal tax which reports the company's finances. That costs about $1000 a year for an accountant to prepare. So you still need accounting on the company, even if you are not paying corporate tax.  Setting up the company is reasonably easy, you just use a broker. The bank account may be more difficult but they can help with that too.  You may find that your optimal personal tax strategy and your US partner's strategy are different. For example, if your partner is living overseas, then they are not taxed on salary in the US, but are taxed on dividends. So they would prefer to take any money out of the company as salary, resulting in no corporate profits. You, on the other hand, might prefer dividends."}
{"_id": "158083", "title": "", "text": "\"&gt;\"\"We expect to have a small U.S. income tax liability for 2010,\"\" GE chief spokesman Gary Sheffer told us. How big is small? GE declined to say. The number is unlikely to ever be disclosed unless GE goes public with it, or is forced to do so.  Again, not a billion dollars. Unfortunately I am not skilled enough in accounting to be able to decipher that spreadsheet but I do appreciate your providing so many links, I didn't notice them earlier. Still, I find no evidence that GE is any more likely to have paid a billion dollars in taxes than a nickel.\""}
{"_id": "158086", "title": "", "text": "I guess. I just think it's stupid to think there's no difference between a corporation and it's owners. Once an organization of any kind reaches a certain size it becomes bigger than any shareholders, and consumes different types of public goods than any individual would. Kleenex uses different public goods than if all the shareholders just owned paper mills and paper stores in local towns, so it has a different kind of public contribution obligation.  I understand that principle that corporate income and dividends are theoretically the same thing, so shouldn't be taxed twice. I get the concept. But it just seems like another excuse to shift more income to people who own, rather than people who work. I support more money going to people who work for a living, not invest."}
{"_id": "158091", "title": "", "text": "Since you are not starting with a lot of cash the commissions may eat into your account. So go with somebody that has no inactivity fee and low/free commission. I think there are number of sites and the ING sharebuilder.com comes to mind. Scottrade also one of the cheaper ones that i used."}
{"_id": "158100", "title": "", "text": "And where does that spending by the government usually end up? Right back into the economy. Putting that tax money into the hands of the wealthy means they will do what they do best - hoard it. If you have an economy that's built on a certain amount of spending by the government, then cut that off because you decrease the government's cash flow, then you have to have an equal response in terms of spending. Kansas showed that most wealthy people do not spend the money they get to keep from lower taxes. That in turn causes a strain on the economy and you end up with both fiscal woes at the state level and economic woes for businesses and individuals. That's what happened in Kansas and that's what will happen at the federal level if these tax cuts are enacted. This is fine for the wealthy - they win in this scenario. But they are the only ones who do. Instead, the tax cuts should be focused on the lower and middle classes who will actually go out and spend that money. But, as written, these tax cuts disproportionately favor the wealthy, who will not spend to help individuals and small businesses."}
{"_id": "158113", "title": "", "text": "Charterholder here...it might help you get into industry..it might not. There are no guarantees and the exams are demanding. You have to really commit to learning the material.   Networking and presentation skills (interviewing) will always be the primary factor in where you can get hired."}
{"_id": "158122", "title": "", "text": "The only professional designations for people allowed to provide tax advice are Attorney, EA or CPA. Attorney and CPA must be licensed in the State they practice in, EA's are licensed by the Federal government. Tax preparers are not allowed to provide any tax advice, unless they hold any of these designations. They are only allowed to prepare your tax forms for you. So no, tax preparer is not a solution. Yes, you need to talk to a tax adviser (EA/CPA licensed in your State, you probably don't need a tax attorney). You should do that before you start earning money - so that you can plan properly and understand what expenses you can incur and how they're handled with regards to your future income tax payments. You might also want to consider a bookkeeping service (many EA/CPA offices offer the bookkeeping as well). But that you can also do yourself, not all that complicated if you don't have tons of transactions and accounts."}
{"_id": "158136", "title": "", "text": "\"The current tax regime?  Not sure if you are being serious or facetious, but:  [US Citizens and Resident Aliens Abroad - Filing Requirements](https://www.irs.gov/individuals/international-taxpayers/us-citizens-and-resident-aliens-abroad-filing-requirements)  &gt;If you are a U.S. citizen or resident alien living or traveling outside the United States, **you generally are required to file income tax returns, estate tax returns, and gift tax returns and pay estimated tax in the same way as those residing in the United States.**  In contrast, corporations don't pay taxes on profits earned abroad until repatriation [here](http://money.cnn.com/2014/08/14/news/economy/corporate-taxes-inversion/index.html), [here](https://www.nytimes.com/2017/03/09/business/economy/corporate-tax-report.html), [here](https://www.bloomberg.com/graphics/2016-apple-profits/).  So guess what they NEVER do?  This is why literally every large US multi-national corporate \"\"person\"\" pays next to nothing in taxes.  It is quite obvious that this is a violation of the spirit if not the letter of tax law.    That simple fix would wipe out massive amounts of government debt and force multi-national corporations and their shareholders to become engaged stake holders in the efficiency of government.  But if, unlike W-2 paid human counterparts, you can dodge all taxation, \"\"Who cares if the government is using funds efficiently?\"\"  That is incentive to actually game the system to force the government into wasteful spending because the subsequent fallout of increased taxation and/or failure of the state can be dodged without consequence.\""}
{"_id": "158140", "title": "", "text": "\"after 30 years, you'd have a million dollar house vs a quarter million dollar house. You've captured three quarters of a million dollars in rent, given my napkin math hypothetical. As I figure the math, a 250,000 house appreciating to a million dollar house in 30 years requires a sustained ~4.9% appreciation every year--seems unrealistic. The historical rate of inflation, on average, has been closer to 3-3.5%; a 3% appreciation would give a final value of $589k.  This also doesn't taken into account the idea that you may have bought a property during a housing bubble, and so then you wouldn't get 3% year-over-year returns. But also, in terms of \"\"capturing rent\"\", you are not factoring in necessary or possible costs that renting doesn't have:  mortgage interest and insurance, maintenance, property tax, insurance, buying and selling associated fees, and, importantly, opportunity costs (in that the money not tied up in the house could be invested elsewhere).   So it is not such a slam dunk as you make it out.  Many use the NY Times buy/rent calculator to compare renting vs. buying.\""}
{"_id": "158147", "title": "", "text": "Before, you just had to make cymbals - now, you have to make cheaper, better cymbals than a 400 year old cymbal manufacturer.    Oh, and you now have to get into musical instrument stores (who might have deals already in place allowing the other company to be their sole supplier of cymbals).  And, then, when you do find someone willing to sell your small line of cymbals, you have to compete with a company who mass-produces dozens and dozens of different lines (and who can offer the store owner much better discounts and freebies than you can)...  Ask Amazon Auctions what it's like to be a second mover..."}
{"_id": "158153", "title": "", "text": "I think the first step is to be thankful that your relationship with this person has not degenerated into lawsuits and bickering.  That would greatly affect your cash flow and valuations!  It also seems that this person is open to a variety of solutions.  This truly is a gift. I see two options without taking a mortgage or fronting cash: The key here is if the 65% property already has a mortgage.  Does it have enough equity to provide 15% cash out, and cover the existing mortgage?  What is the interest rate?  Can you get a lower rate that will reduce the impact of a higher mortgage payment will have on your income?  Can you have your partner finance the 15%?   In the end there really isn't a way to divest this company without impacting your income."}
{"_id": "158165", "title": "", "text": "/u/orbpin, the holocaust denier, doesn't understand that Jews need blood of young Arab boys in Hebron for their religious rituals.  Also, /u/orbpin, does not know that Jews always lived in Hebron, until they were all massacred by Arabs in 1929. Hebron is Jewish as Abraham bought it for 3000 silver coins about 3,500 years ago."}
{"_id": "158169", "title": "", "text": "Speaking from experience, yes (this was 9 years ago though and may have changed due to stricter laws). I lived in London and was moving to NYC and wanted to have a functioning bank account upon arrival. I banked in London with HSBC and asked them if they could set me up. They connected me with the right people in the US and after many forms I had a fully functional US bank account with a foreign address and without having a social security number - and I was (am) just your average person. You will most likely not be able to get a credit card through them because of lack of credit history (unless you are ridiculously rich or go for a secured credit card), but a debit card should be possible.* My advice is to talk to your local bank and see if they can help you, although it will help if they operate in the US. Good luck! *I have heard from various expats that American Express may be willing to issue cards in the states based on their existing relation with clients in other countries, but I digress. If you have an Amex in Switzerland or Sweden I would recommend talking to them."}
{"_id": "158185", "title": "", "text": "The answer to your question doesn't depend on who you trade with but what country you live in. If you live outside of the US, you will have to pay tax on dividends... sometimes. This depends on the tax treaty that your country has with the US. Canada, Australia, UK and a few other countries have favorable tax treaties with the US that allow you to not be double taxed. You must look into the tax treaty that your home country has with the US to answer the question. Each country is different."}
{"_id": "158193", "title": "", "text": "We're mostly talking about the same thing, but if they were trying to mold people for jobs they could be more successful at it, instead of requiring general ed classes and offering majors unconnected to any possible job. The worthwhile majors they offer aren't necessarily all that well aimed at employment concerns either. Also, employers don't expect colleges to produce trained applicants, they expect other employers to do so, which is why they place such a premium on previous job experience."}
{"_id": "158197", "title": "", "text": "The two do not imply that they are connected. The statement above states that there are plenty of people who graduated and are around 21-25. Then the next statement explains that people who graduated make 100k+ - it doesnt mean they are 21-25.....it just means they achieved two objectives at separate times."}
{"_id": "158209", "title": "", "text": "\"I don't disagree that many times psychologists can exaggerate or even present fabricated claims about human behavior only in an effort to rack in some extra money.   HOWEVER, any close to normal person can see that there are a whole lot of people with serious issues that nobody mentions to them (or they themselves are afraid to acknowledge) because they don't want to deal with all of the drama.   Anyway, let's see how legitimate the (25% of americans suffer from mental illness) claim is.    1)http://www.samhsa.gov/newsroom/advisories/1201185326.aspx   \"\"A new national report reveals that 45.9 million American adults aged 18 or older, or 20 percent of this age group, experienced mental illness in the past year. \"\"  http://www.samhsa.gov/newsroom/advisories/1201185326.aspx  2) http://wwwapps.nimh.nih.gov/health/publications/the-numbers-count-mental-disorders-in-america.shtml  \"\"hen applied to the 2004 U.S. Census residential population estimate for ages 18 and older, this figure translates to 57.7 million people.2Even though mental disorders are widespread in the population, the main burden of illness is concentrated in a much smaller proportion \u2014 about 6 percent, or 1 in 17 \u2014 who suffer from a serious mental illness.\"\"   ...You can find countless studies like this online.   Now, obviously somebody is thinking about pointing out, at this point, that all of these studies were conducted by psychologists or psychiatrists only trying to validate their initial claims and ultimately for economic benefit. And, well--if you that's your argument, then yes, you are absolutely right that there is absolutely no way \"\"prove\"\" that the 25% statistic is correct.   And, just to be clear, the term \"\"Mental Illness\"\" in this case(according to the above studies) is really anything from anxiety, to depression, to schizophrenia, personality disorders, and even more social things like compulsive lying. Obviously, the definition is very broad and that is precisely why the statistic(25%) is so shocking.\""}
{"_id": "158211", "title": "", "text": "\"One big thing you have to worry about is tax penalties and accrued interest.  You don't want $1000 to turn into $3000 because of interest. IRS does not play around when it comes to being owed money.  CPA is a certified public accountant who should be savvy enough with your local/state laws to know how much taxes  you owe.  Usually, if your taxes are simple, they charge about $100-$500 to do your taxes (you'll have to look around).   Also, I'd look around /r/personalfinance.  If I were in your shoes, I'd take the money and invest in something relatively passive so that when you do graduate college, you'll have a good amount of money to start your \"\"adult\"\" life with.\""}
{"_id": "158216", "title": "", "text": "It's good that you can still use the area solar panels are placed because the space requirements will be extremely large compared to nuclear.  Recycling solar panels makes a lot of sense though.  Not saying they are a bad idea. Energy storage is a tough problem to crack though."}
{"_id": "158227", "title": "", "text": "In the UK, the government has recently announced that Child Benefit will no longer be paid to those who earn over \u00a344k. This means that if you currently earn \u00a343,999, and your employer offers you a raise of \u00a310 per annum to \u00a344,009, then you could be over \u00a31k worse off as a result."}
{"_id": "158252", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-fed-trump-picks-idUSKBN18T2VE?il=0) reduced by 81%. (I'm a bot) ***** &gt; The conservative picks come as Fed Chair Janet Yellen continues to slowly raise interest rates and lay out plans to shed some of the trillions of dollars of bonds bought in the wake of the financial crisis.  &gt; &amp;quot;Many market participants have been barking up the wrong tree, arguing that Trump is an easy money guy because he borrowed a lot when he was a real-estate tycoon,&amp;quot; said Stephen Stanley, Amherst Pierpont&amp;#039;s chief economist, who worked for Goodfriend when he was at the Richmond Fed.  &gt; &amp;quot;If these two nominees are eventually confirmed, the tone of the Fed Board will instantly swing to a far more hawkish tenor.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6f1uue/trump_makes_two_conservative_picks_for_fed_ny/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135644 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Fed**^#1 **Goodfriend**^#2 **rate**^#3 **hike**^#4 **Trump**^#5\""}
{"_id": "158258", "title": "", "text": "\"The uncertainty as I see it is around **personal** income tax rates and the **employee** portion of the SS tax. This has nothing to do with the operating costs of large businesses, right? Small businesses often have their taxes done essentially on the owner's personal return, so in those cases the personal income tax rate affects them. This article talks about large businesses who are fussing about the \"\"uncertainty\"\".   Why is this uncertainty about things like taxes treated like something new? Historically tax rates have bounced around, and in the past taxes have been higher. The SS tax cut is a very recent thing, but now that's it in place suddenly people can't imagine hiring if it goes back to what it was for many years. Also, the SS tax cut is on the employee portion, so even if it goes back the employer contribution doesn't change? WTF are they talking about?  This sounds more like silly people being confused by partisan talking points.\""}
{"_id": "158268", "title": "", "text": "\"I disagree. If nobody got their health insurance through their employer, then everyone would go out on the market and acquire them. This would create a more dynamic health insurance market which would, over time, drive down the cost of getting health insurance.   I don't follow your logic about how \"\"wages wouldn't keep up\"\" 10 or 20 years down the road. If anything, not having to worry about benefits in a particular job would give employees more job mobility, causing the job market to be more competitive. In other words, it would be more likely to cause wages to up.  Also, ancillary benefits of getting employers out of the health insurance/benefit dynamic would be to create more efficiencies within those businesses (reduce staff spent on coordinating plans and such), make small businesses more competitive (they are at a disadvantage now with regard to big companies with pools of employees), and get more people to acquire at least some form of insurance (health coverage goes up).  I, for one, welcome a world in which our employers have absolutely nothing to do with our benefits choices and we choose them at our own discretion, just as I do with my car insurance.\""}
{"_id": "158275", "title": "", "text": "I agree 100%.   But you are both right.   Millennial tastes have changed, and there is nothing wrong with that.  But very few companies have 1200 restaurants.    And remember, they are still profitable, just not as profitable as they were.  So do you remake a profitable company or tweak things?     To my mind the entitlement comes with the comments all over that says: this is what we want, you don't provide it, you suck, you deserve to fail.   For myself, I have owned dying companies.  I had my kids in private school booking wedding bands.   DJs came along and I got out.   Went into selling video equipment that was replaced by software.   Technology is making this happen faster.   It is hard to create a successful business, harder to have to recreate every decade."}
{"_id": "158285", "title": "", "text": "I would worry more about identity theft than your credit score at first.  I would want an explanation of how it happened and confirm that no one has used it.  I don't think it will be too big of a deal on your credit in the longer term."}
{"_id": "158295", "title": "", "text": "My uncle successfully manages a portfolio for an investment firm in New York. I believe he works with somewhere around 2.5 billion dollars, mostly endowments from schools and other funds like that. I know that he had to work very hard to get where he is today but he's been rewarded with excellent compensation and a lot of freedom to do his job how he sees fit."}
{"_id": "158297", "title": "", "text": "There isn't a formula like that, there is only the greed of other market participants, and you can try to predict how greedy those participants will be. If someone decided to place a sell order of 100,000 shares at $5, then you can buy an additional 100,000 shares at $5. In reality, people can infer that they might be the only ones trying to sell 100,000 shares right then, and raise the price so that they make more money. They will raise their sell order to $5.01, $5.02 or as high as they want, until people stop trying to buy their shares. It is just a non-stop auction, just like on ebay."}
{"_id": "158310", "title": "", "text": "Opportunity cost is the term you're looking for. I.e. (quoting from link) Definition of 'Opportunity Cost'   1. The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have   received by taking an alternative action."}
{"_id": "158312", "title": "", "text": "\"I've got a Chevy Bolt, and can confirm that handling is much better when the weight is down low in the center. I've never driven a car like it, and it doesn't even have the \"\"best\"\" handling type of suspension.  As far as moving parts go:  Report from a teardown, comparing the Bolt to a conventional VW Golf. http://www.advantagelithium.com/_resources/pdf/UBS-Article.pdf  Powertrain findings (Bolt vs. Golf):  * Moving parts - 24 vs. 149 * Moving parts in engine - 3 vs 113 * in gearbox - 12 vs 27 * other moving parts - 9 vs 9 * Wearing parts - 11 vs 24 * Moving and wearing parts - 0 vs 6  * Total - 35 vs 167  They found the Bolt requires no maintenance or replacement of these parts over the life of the car.\""}
{"_id": "158313", "title": "", "text": "They have a history of victimizing small business owners for profit. I have had personal dealings with the CEO, and he really is a bottom feeder. Seriously, he has absolutely no class.  This is just one case:  http://forums.roadbikereview.com/general-cycling-discussion/specialized-bullies-bike-shop-owner-changing-his-name-315155.html  Sinyard, the CEO, flew out and apologized to the shop owner only after the story blew up in his face and he really had no other choice.  Lots of other bike manufacturers build bikes as good as or better than Specialized. There's no reason to give them money."}
{"_id": "158325", "title": "", "text": "\"Gladwell's arguments (which this piece maybe doesn't make the best case for) aside, there *are* good reasons you specifically shouldn't hire somebody from Harvard.  For starters, the culture there holds as a quasi-religious doctrine that \"\"these are successful students, therefore, they must succeed,\"\" which leads to things like grade inflation and [widespread cheating](http://www.independent.co.uk/student/news/nearly-half-of-new-harvard-students-admit-to-cheating-8804898.html).  But apart from all that, hiring Harvard grads means you're hiring people who think [the same as everybody else](http://chronicle.com/blogs/percolator/brown-and-cornell-are-second-tier/27565), and massively exposing yourself to groupthink. You'll miss out on the competitive advantages that can come from covering a wide variety of perspectives, backgrounds, and habits of thought.\""}
{"_id": "158343", "title": "", "text": "Down in the Fine Print are these points to consider for the limit: For an average daily balance up to but not exceeding $5,000.00, the interest rate for the Savings Account is 4.91% with an annual   percentage yield (APY) of 5.00%. For that portion of the average daily balance of the Savings Account that is $5,000.01, or more, the interest rate is 0.49% with an annual   percentage yield (APY) of 0.50%. The interest rates and APYs of each tier may change. The APYs were   accurate as of March 1, 2014. These are promotional rates and may   change without notice pursuant to applicable law. No minimum balance   necessary to open Savings Account or obtain the yield(s). Because   Savings Account funds are withdrawn through the Card Account (maximum   6 such transfers per calendar month), Card Account transaction fees   could reduce the interest earned on the Savings Account. Card Account   and Savings Account funds are FDIC-insured upon verification of   Cardholder's identity. For purposes of FDIC coverage limit, all funds   held on deposit by the Cardholder at BofI Federal Bank will be   aggregated up to the coverage limit, currently $250,000.00."}
{"_id": "158346", "title": "", "text": "WIX does allow for image alt text. I have a few. Pretty sure you're right it doesn't allow for HTTPs, especially when I try to add widgets. It never works.   I'm not sure what robots.txt or canonicals are. I'll have to look that up.   I'm using WIX's SEO tools and have listed my website on around 10 directories, as well as Google Adwords which I'm setting up right now (but I'd like to not have to pay for ads and base mostly off SEO, which was kind of the starting issue here.) My main products are chokers."}
{"_id": "158354", "title": "", "text": "I had to do the reverse. I've had a few bad experiences at home depot, so I decided to drive out further to the Lowe's where I get stellar customer service. As an IT worker though, this news really frustrates me. I guess I can't win either way."}
{"_id": "158363", "title": "", "text": "Borrow the overpriced bond promising to repay the lender $1000 in one year.  Sell the bond immediately for $960.  Put $952.38 in the bank where the it will gain enough to be worth $1000 in one year.  You have +$7.62 immediate cash flow.  In one year repay the bond lender with the $1000 from the bank."}
{"_id": "158364", "title": "", "text": "I'd look at Fairmark and understand where in your current bracket you fall. If you are only a bit into that 25% rate, I'd go pretax so you end the year right at that level $69K in 2011. I'd Use the 401(k) to capture any match your company offers, and then use the IRAs for the rest. It would take quite a bit saved for retirement to retire you into the 25% rate, so take advantage of that 15% while you can."}
{"_id": "158385", "title": "", "text": "&gt; So, for every trading partner, you need a unique EDI process.  You don't have EDI operators in US? Our EDI operator accepts all the regular standard and maps them to our needs so we don't have to worry about EDI message mappings.  &gt;inbound invoices, they have to be handled differently depending on what is purchased.  In our process we ideally have PO number that we send to supplier and then we match the PO number to the invoice that supplier sends to us. All the postings come automatically from the PO from ERP.  For invoices that we can't apply the PO number process we can make automatic posting rules. Some suppliers can provide row data or we can OCR it from the invoice. Mobile phone bills are great example of that. We just make a rule that number 555-555-555 has this posting and this cost center and if the sum is less then X it will be posted automatically by that rule.  I agree that it would take a lot of time if we had to do this process in terms of the suppliers and one supplier at a time."}
{"_id": "158395", "title": "", "text": "\"Well, maybe its only something that \"\"Nobel laureates\"\" are allowed to do, amiright?   I mean even if the \"\"Nobel\"\" isn't *really* a Nobel; and then as if the Nobel really mattered at all anyway (as far as somehow \"\"anointing\"\" someone as being infallible as some \"\"Pope\"\" of a given field).\""}
{"_id": "158396", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-26/mike-novogratz-is-set-for-comeback-with-crytocurrency-hedge-fund) reduced by 92%. (I'm a bot) ***** &gt; Novogratz will put up $150 million of his own money and plans to raise $350 million more by January, mainly from family offices, wealthy individuals and fellow hedge fund managers, said a person familiar with his plans.  &gt; For Novogratz, 52, the fund marks a comeback to professional money management after humbling losses at Fortress and almost two years of self-imposed exile from Wall Street.  &gt; With a $500 million hedge fund, Novogratz will be able to capture trading opportunities that require more scale, as well as wield influence with developers, entrepreneurs and regulators.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72ofsc/mike_novogratz_is_forming_a_500mil_crypto_hedge/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~217166 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Novogratz**^#1 **fund**^#2 **trade**^#3 **bitcoin**^#4 **way**^#5\""}
{"_id": "158399", "title": "", "text": "Subsidizing helps both the little and the big guy.  So why is the big guy still able to beat down the competition that tries to form against him?  How is Comcast able to stop competition while also being allowed to provide poor service at bad prices?  Subsidies ease his loss, but don\u2019t enable his legal power to crush us."}
{"_id": "158409", "title": "", "text": "You do not need to file 1099-MISC to yourself if you're running as a sole proprietor - you are yourself. However, you do not deduct this amount from your business income and report it as royalties either. Your self-published book is your business income subject to SE tax. You can only deduct the actual costs of producing/writing, and the remaining amount is your Schedule C income."}
{"_id": "158410", "title": "", "text": "You cannot directly transfer money from your Bank Account.   You can use Debit Card to make payments to your paypal account. Just enter the details of the payment and amount, it would make the necessary deduction from your debit card.   Indian regulations do not allow you to store value in your paypal account. This credits have to be transfered to a Bank account."}
{"_id": "158419", "title": "", "text": "I quit contracting years ago and moved on to working in investment banking.   And the other 11 series are even worse. I gave you the benefit of the doubt. So I'd ask again, why do you think that your skillset is in excess of the tens of thousands of guys that have gone through the two premier PSC's, the countless more who have moved through various SOF groups over the last three decades, the thousands that do protection ops for OGA, all of the police officers who have protection experience..."}
{"_id": "158426", "title": "", "text": "ChrisW's comment may appear flippant, but it illustrates (albeit too briefly) an important fact - there are aspects of investing that begin to look exactly like gambling. In fact, there are expressions which overlap - Game Theory, often used to describe investing behavior, Monte Carlo Simulation, a way of convincing ourselves we can produce a set of possible outcomes for future returns, etc.  You should first invest time. 100 hours reading is a good start. 1000 pounds, Euros, or dollars is a small sum to invest in individual stocks. A round lot is considered 100 shares, so you'd either need to find a stock trading less than 10 pounds, or buy fewer shares. There are a number of reasons a new investor should be steered toward index funds, in the States, ETFs (exchange traded funds) reflect the value of an entire index of stocks. If you feel compelled to get into the market this is the way to go, whether a market near you of a foreign fund, US, or other."}
{"_id": "158431", "title": "", "text": "Another reason to buy insurance, though not applicable in this case, is that the insurance company is a big buyer of services and will be able to buy any services covered under the policy much more cheaply than you will. So they can charge you less than your expected payouts if you were uninsured and still make a profit. This particularly applies to things like medical and veterinary insurance."}
{"_id": "158446", "title": "", "text": "&gt;Secretary of Homeland Security John Kelly determined there are not enough qualified and willing U.S. workers available to perform temporary nonagricultural labor to satisfy the needs of some American businesses...The H-2B Temporary Nonagricultural Worker program was designed to serve U.S. businesses unable to find a sufficient number of qualified U.S. workers to perform nonagricultural work of a temporary nature. Congress set the annual H-2B cap at 66,000.  are these *qualified and willing temporary nonagricultural workers* paid / housed / treated the same as US citizens?  or do they belong to a different legal category, with reduced rights and protections?   has the DHS always had a mandate to protect businesses?    do they also have a mandate to protect workers from suffering irreparable harm?  is that a concept?"}
{"_id": "158455", "title": "", "text": "Let me add a counterpoint.  I don't know about you, but for some psychological reason, when I know I have an abundance of something I tend to be less frugal about the way I consume it.  For example: When there is a six pack of cokes in the fridge I feel like I am more prone to not drink them up so quickly so I have some for later on. However, if I knew I had 3 more cases in the pantry, I seem to go through a lot more of them."}
{"_id": "158458", "title": "", "text": "Yes, your assumptions are correct. The industry realizes that the equilibrium price of product A is $10. The government decides to increase the amount of people who can access product A. They do this by subsidizing $5 of the $10 dollar cost. However the industry reacts by increasing the cost of product A by the amount of the subsidy (so product A is now priced at $15), because the industry knows people already can afford paying $10.  This is not exclusive to medicine, it is also happening with higher education. Here is a paper that examines the effect of government subsidization of college tuition. The study finds that as financial aid increased, there was a 102% correlation with the increase in the cost of tuition. http://www.nber.org/chapters/c13711.pdf"}
{"_id": "158462", "title": "", "text": "ECG is your go-to company if you are looking for an extensive training course on Basic Life Support. Throughout the said course, the ECG trainers will make sure that participants will be able to recognise if an adult, child, or infant is in cardiac arrest and provide basic life support. To learn more about the Basic Life Support training course offered at ECG, visit their website, ecgtraining.co.uk."}
{"_id": "158488", "title": "", "text": "On the quality angle a big part of it is experience, but the biggest thing is careful observation.  You have to take a close, critical look at any article of clothing.  (This holds true for just about any purchase.) As far as finding them for reasonable prices it's the usual thing: sales and buying them second-hand. Finally, regarding maintenance:"}
{"_id": "158498", "title": "", "text": "Wow, the unnecessary sarcasm is telling of your level of social development.  First, please tell me exactly where I said that we have not improved productivity, because, I'm fairly certain I didn't say that productivity hadn't grown at all.  In fact, if you're looking for the exact figure, it's about 6x what it was when the industrial revolution started.  See... if you were paying attention you would have realized the conversation wasn't dealing with this issue and you might have been better keeping your nose out.  Second, please tell me at least one or two articles you've read about the theoretical limit to productivity improvements.  I'm sure you can list at least one, right?  I mean, clearly you wouldn't be so stupid that you would just toss out a sarcastic comment without knowing something about productivity growth, or what its theoretical limits are, right?"}
{"_id": "158511", "title": "", "text": "You can't just move money out at will because of IRS rules for the account. However, you do seem to qualify for hardship.  &gt; I investigated a hardship withdrawal, the amount I would be allowed to withdraw was $75.00  You need to look into this more. Normally with a hardship withdrawl, you can pull out what you need. Ask your HR why it is you have a $75.00 limit. We really can't answer.  Also, this question is really for /r/personalfinance . This subreddit is about investing."}
{"_id": "158515", "title": "", "text": "Lets look at possible use cases: If you ever converted your cryptocurrency to cash on a foreign exchange, then **YES** you had to report. That means if you ever daytraded and the US dollar (or other fiat) amount was $10,000 or greater when you went out of crypto, then you need to report. Because the regulations stipulate you need to report over $10,000 at any point in the year. If you DID NOT convert your cryptocurrency to cash, and only had them on an exchange's servers, perhaps traded for other cryptocurrency pairs, then NO this did not fall under the regulations. Example, In 2013 I wanted to cash out of a cryptocurrency that didn't have a USD market in the United States, but I didn't want to go to cash on a foreign exchange specifically for this reason (amongst others). So I sold my Litecoin on BTC-E (Slovakia) for Bitcoin, and then I sold the Bitcoin on Coinbase (USA).  (even though BTC-E had a Litecoin/USD market, and then I could day trade the swings easily to make more capital gains, but I wanted cash in my bank account AND didn't want the reporting overhead). Read the regulations yourself. Financial instruments that are reportable: Cash (fiat), securities, futures and options. Also, http://www.bna.com/irs-no-bitcoin-n17179891056/ whether it is just in the blockchain or on a server, IRS and FINCEN said bitcoin is not reportable on FBAR. When they update their guidance, it'll be in the news. The director of FinCEN is very active in cryptocurrency developments and guidance. Bitcoin has been around for six years, it isn't that esoteric and the government isn't that confused on what it is (IRS and FinCEN's hands are tied by Congress in how to more realistically categorize cryptocurrency) Although at this point in time, there are several very liquid exchanges within the United States, such as the one NYSE/ICE hosts (Coinbase)."}
{"_id": "158520", "title": "", "text": "There are different perspectives from which to calculate the gain, but the way I think it should be done is with respect to the risk you've assumed in the original position, which the simplistic calculation doesn't factor in. There's a good explanation about calculating the return from a short sale at Investopedia.  Here's the part that I consider most relevant: [...] When calculating the return of a short sale, you need to compare the amount the trader gets to keep to the initial amount of the liability.   Had the trade in our example turned against you, you (as the short   seller) would owe not only the initial proceeds amount but also the   excess amount, and this would come out of your pocket. [...] Refer to the source link for the full explanation. Update: As you can see from the other answers and comments, it is a more complex a Q&A than it may first appear.  I subsequently found this interesting paper which discusses the difficulty of rate of return with respect to short sales and other atypical trades: Excerpt: [...]   The problem causing this almost uniform omission of a percentage   return on short sales, options (especially writing), and futures, it   may be speculated, is that the nigh-well universal and conventional   definition of rate of return involving an initial cash outflow   followed by a later cash inflow does not appear to fit these   investment situations. None of the investment finance texts nor   general finance texts, undergraduate or graduate, have formally or   explicitly shown how to resolve this predicament or how to justify the   calculations they actually use. [...]"}
{"_id": "158523", "title": "", "text": "In the context of EDV, 4.46 is the indicated dividend rate. The indicated dividend rate is the rate that would be paid per share throughout the next year, assuming dividends stayed the same as prior payment.  sources:"}
{"_id": "158534", "title": "", "text": "\"Why shouldn't they pay for schools. After all why is that so many students and parents in underachieving public schools take no great interest in ensuring they get the best education tax payer dollars can offer?   Probably because they have no great stake in the game and the view the service as being always \"\"FREE\"\" of cost to them. In other words they fail to understand or don't care about the indirect costs because it has no immediate direct out of pocket cost to them.\""}
{"_id": "158558", "title": "", "text": "Sex and reproduction is a choice like blinking is a choice. It's messed up to say that people who aren't born wealthy should 'simply' ignore biological imperatives, especially when things like vasectomies and tubal ligation require insurance and/or a large amount of cash."}
{"_id": "158578", "title": "", "text": "We specialize in processing Apply of  USA  Visa Travel Authorizations applications on behalf of travelers to avoid problems and help with any persons. We do charge a processing fee per application which includes the compulsive payment to the US government. You will only see one charge on your card statement from our company. It is optional to use our professional submission Apply USA Travel Authorizations and you have the choice of lodging your own application without our help directly with the government. The ESTA application has to be electronically online visa services in the world. It is done by following application process that consists of four steps of the Esta Visa Application. The first and second step asks for personal information about you, and all required fields must be duly filled out to continue."}
{"_id": "158587", "title": "", "text": "Major in whatever you find interesting. Don't look at college as a pathway to a job, but the time where you learn how to learn. Your undergraduate major has very little to do with what jobs you're able to do unless you limit yourself (all you).  I'm a software engineer that ended up in this industry after having worked in:  Video Games (Midway primarily, contract for others)  Military Intelligence (former CTM, US Navy)  Network Video  and now algo/quant.  No college degree.   My wife has a degree in anthropology and prior to raising our kids she was a particle accelerator operator/technician. She studied what physics she had to in her off time and landed the job.  Honestly just focus on increasing your capacity to learn, especially stuff that's hard and doesn't come naturally. That'll help you get pretty much any job once you're out."}
{"_id": "158591", "title": "", "text": "\"I'm of the same line of thinking. The reddit community has been an amazing resource for me in the past on items like this. I have my areas of expertise (as a lawyer I have a \"\"binders full of precedents\"\"), but loan proposals are not one of those areas. And when I deal in areas I don't have mastered, I like to consider examples where professionals might consider the job \"\"well done\"\" in order to question, push back, or assist my own professionals.\""}
{"_id": "158609", "title": "", "text": "\"I don't know of any way to \"\"transfer\"\" a debt to another person without their consent or the lender's consent.  You are responsible for the loan, and you need to either pay it or give up the asset that it's tied to (the car). At least you weren't just a cosigner with no title to the car - then you'd be in worse shape.  If you don't want your credit tarnished, I would start (or keep) making the payments, knowing that you are getting the equity that results from the principal you're paying (you're only out the interest portion). If it were me, here are the things I would do:\""}
{"_id": "158614", "title": "", "text": "\"Theres some major logic missing from this report, it didnt mention how technology is disrupting how everything is being distributed. As businesses become more efficient with technological advances and less dependent on human capital, then so must humans become more efficient and less dependent upon an expected level of income. Whats the demand to keep a human alive and well versus the demand for needing a well paid human laborer? If you are easily replacable, then your value to the company is simply cheap labor. Best example is Walmart, the wealthiest family, the largest employer whose many employees require gov assistance to live due to low wages. The only way this business could even exist is with assitance from the goverment to support its workers. So where do these tax subsidies come from? The article responded with a great point \"\"There will never be \u201cpiles and piles of valuable goods\u201d laying around with no one to enjoy them.\"\" Whoever said that has never been to Walmart with no money. I suppose there will always be \"\"someone around to enjoy them\"\" but will there also be less and less people who can afford to enjoy such things? Walmart has already shown what happens. This article points out the old ways of doing things economically but ignores the fact technology creates abundance, not scarcity. Were not currently using that abundance to directly improve humanity on a large scale level but rather the opposite to control supply or scarcity aka profits. When the demand to maintain &amp; control financial power overpowers the desire to care &amp; provide for your neighbor, then the rise of inequality and narcissistic options appear. This buying power is the component of influence to being able to survive very well or simply even remain alive. If my daily wage doesnt provide for my daily needs, then how can I use technology to stay alive? How efficient can we all become before we start to share in the abundance of life together?\""}
{"_id": "158629", "title": "", "text": "\"Just an FYI, this can be a risky move. Unless you have been in the industry for a while, or are extremely well averse in investment management/research, keep it pretty short. In a lot of ways, you might want to think about tailoring it more like a sell-side report. Also, make sure you understand the style of investing the PM/company you are applying to likes.   The reason I say this is because every buy-side shop is different. Some do 1-2 page write-ups with models and walk through's, others will expect 60 page \"\"decks\"\" (i.e. Powerpoints). The longer the deck, the more you have that can go wrong. If one tiny thing is wrong, or you have a typo anywhere, it hurts you more than it helps that you wrote something long (I once had the wrong rating on one issuance of a bond ladder I was pitching; it's all the PM's focused on).  The more important aspect is that you understand the shop you are applying to and then tailoring the pitch to them. For example, don't do a growth tech company with an 80x forward P/E if you're applying to a fundamental value shop. It shows you didn't do research on the firm you're applying to and that you won't fit the culture. This is part of why I was saying that this can be a risky move, if the firm is large enough to have an HR department, they likely have a lot of different investment styles in house.  Finally, try to keep it to a small/mid-cap company. Analysts/PMs follow stocks all day long and will most likely have an opinion on 99% of large caps, no matter the sector.  In summary, I'd recommend a 1-2 page sell-side style write-up with a backup model (printed excel file). KISS (keep it simple stupid), have a summary, couple years worth of historical's, 2 years forward, and a few main bullet points of why you like them. In your case, this pitch should be something to pique the interest so that you can NAIL a real pitch in the interview. If you get an interview, know everything about everything in the industry as well as that specific company. For example, lets say you do a smartphone secular theme investment. Do you know what outstanding AAPL/Android cases there are, and more importantly, how would each ruling likely affect the marketplace? This is because I can guarantee if you're pitching to another tech guy, he knows and has an educated opinion on it. Also, in many cases having a great model can mean more than a long write-up, it shows that you're good with numbers and can think about FUTURE earnings, which are all that matter.  Last point, IMO you'd be better off trying to get your foot in the door through networking than HR. HR doesn't really do much on the buy-side with recruiting and won't really understand what to look for in a good pitch (they're HR after-all, not an analyst). Try to meet someone over coffee and then have a pitch READY to bring out/discuss. The buy-side is selective enough that usually when positions open up it's either because they are creating one for you or they already have an idea of who is going to fill it. This mean HR has little to no say in helping you get in. You'll have a lot more success this way than blasting to a bunch of HR emails.\""}
{"_id": "158636", "title": "", "text": "Excelsior motorcycles are the best in the world, our company also makes and redesign all motorcycle spare parts. If you want to repair and modify your motorcycle, come visit our company's workshops. The Excelsior motorcycle products will feature current technology but will reflect distinctive designs, styling, and names reminiscent of the motorcycles produced in the early part of this century by Excelsior Supply under the brand names Excelsior and Henderson motorcycle."}
{"_id": "158639", "title": "", "text": "No, there is no such list, as the other answers mention it is practically impossible to compile one.  However you can see the institutional investors of a public company.  MSN Money has this information available in a fair amount of details.  For example see the Institutional Investors of GOOG"}
{"_id": "158646", "title": "", "text": "There may be a third option. The bank gives you the first mortgage of 80%, and a second, maybe a HELOC, for that missing 5%. This way, you get the lower rate and the money they'd charge you for PMI goes to paying down the second loan.  Alternately, do you have any other sources to tap to bridge this small gap? A 401(k) loan perhaps? The rate willbe low, and for home purchase, a 10 yr payback. If these aren't viable options, I agree that taking the PMI route while tracking the balance is the way to go."}
{"_id": "158670", "title": "", "text": "Another option if you want a higher return is to tier your emergency fund so you are putting a portion in different savings vehicles, each with varying risk and rates of return. One option might be  You will need to assess the risk of these vehicles to see if it fits within your tolerance. If not, just using the online savings account is a fine choice. One final note regarding I-bonds - they can't be cashed out until 1 year after you buy them. This may be too limiting to some depending on their perceived need for their emergency fund over the next year; others may be more comfortable with it."}
{"_id": "158673", "title": "", "text": "\"Your employer can require a W8-BEN or W-9 if you are a contractor, and in some special cases.  I believe this bank managing your stock options can as well; it's to prove you don't have \"\"foreign status\"\".  See the IRS's W-9 instructions for details.\""}
{"_id": "158675", "title": "", "text": "It might actually be kinda a good thing. If these cars charge overnight, mostly off peak hours, the transmission infrastructure will be put to good use at night, which can really help pay for the infrastructure, and therefore help subsidize our current bills.   Imagine it like public transit. A public transit system that had a high volume, constant stream of riders all day could earn a lot more revenues without needing to add more trains/rails/stops."}
{"_id": "158680", "title": "", "text": "\"Better how? They're smaller, so it's somewhat understandable that they don't have the same level of (these days at least) negative publicity, but from a purely consumer using-the-service perspective, what makes them any different?  To me it feels like Uber has championed everything and done a great job of getting things like airport restrictions changed while Lyft has quietly benefited, so it doesn't really feel \"\"better\"\".\""}
{"_id": "158682", "title": "", "text": "You might think it as a simple multi-page document, but the fact is that property related contracts are very complicated with hundreds of terms that are beyond the understanding of a common man. In such circumstances, these professionals can be very helpful; as they will go through the contact and help you understand the terms and conditions."}
{"_id": "158703", "title": "", "text": "\"Your entire post is incorrect. From your understanding of the processes, to random sampling, to what stastical models represent, to facts in and of themselves.   It's crazy to me how much ignorance and misunderstanding is the baseline for these conversations. It's almost as if being ignorant and disregarding facts (as my above post is) as political propaganda is a badge of honor among so many. Every time it's \"\"hey, look at all these facts, well researched figures, and data that gets someone to this conclusion\"\" And the response is always along the lines of \"\"fake news\"\" with your head in the air as if being anti intellectual is something to be proud of.   We're off topic now, but the descent into the literal definition of idiocy and ignorance has become baffling. But QED about the above education point, I guess.\""}
{"_id": "158708", "title": "", "text": "For web advancement administrations, we additionally utilize dexterous procedures and most recent strategies. Madhav Web Services are utilized by a group of profoundly talented, prepared and experienced web engineers. Every one of our designers has gigantic learning of various sorts of cutting edge programming or web development services. This is the reason we manpower to work a wide range of web structures and can make unmistakable sorts of locales, for example, blogging, CMS, internet business and some more. We utilize Drupal, bootstrap, PHP, Wordpress, Magento, Joomla and different other coding applications to grow exceedingly intuitive and dynamic website pages."}
{"_id": "158717", "title": "", "text": "It is a fool's errand to attribute abnormal option volume or volatility to any meaningful move in the stock. One side of the chain is frequently more expensive than the other. The relationship between historical volatility and implied volatility is dubious at best, and also a big area of study."}
{"_id": "158730", "title": "", "text": "This is a great idea and I can't think of any downside. The best part about it is in the future when you have built up your emergency fund beyond the maximum contributions to the Roth IRA, you can then move your Roth funds into a higher yielding investment. I might take it a step further. In addition to this, try to get a line of credit from your bank (with no annual fee). In case of emergency, you can decide if you want to take the money from your Roth or borrow from the line and pay some interest temporarily. Depending on the situation it may actually make sense to pay a little bit of interest and leave the money in the Roth, since over the long run the future earnings of that money could easily make you more than the interest you'll pay for (let's hope) a short amount of time. To really hit home why your idea is fantastic:"}
{"_id": "158732", "title": "", "text": "\"I can't vouch for Australian law, but in the US there is actually a recognized mechanism for \"\"in-family loans\"\" which ensures that it's all fully documented for tax purposes, including filing it as an official second mortgage. (Just did that recently in my own family, which is why I'm aware of it.) We're required to charge at least some interest (there's a minimum set, currently around 0.3%), and the interest is taxable income, and it is wise to get a lawyer to draw up the paperwork (there are a few services which specialize in this, charging a flat fee of about US$700 if the loan is standard enough that they can handle it as fill-in-the-blank), but outside of that it's pretty painless. This can also be used as a way of shifting gift limits from year to year -- if you issue a loan, and then gift the recipient with the payments each year (including the payments), you've effectively spread the immediate transfer of money over multiple years of taxes. Of course it does cost you the legal paperwork and the tax in the interest (which they're still \"\"paying\"\" out of your gift), but it can be a useful tool, and it's one that wasn't well known until recently. Again: This is all US codes, posted only for comparison (and for the benefit of US readers). It may be completely irrelevant. But it may be worth investigating whether Oz has something similar.\""}
{"_id": "158738", "title": "", "text": "Expenses are where the catch is found.  Not all expenditures are considered expenses for tax purposes.  Good CPAs make a comfortable living untangling this sort of thing.  Advice for both of your family members' businesses...consult with a CPA before making big purchases.  They may need to adjust the way they buy, or the timing of it, or simply to set aside capital to pay the taxes for the profit used to purchase those items.  CPA can help find the best path.  That 10k in unallocated income can be used to redecorate your office, but there's still 3k in taxes due on it. Bottom Line:  Can't label business income as profit until the taxes have been paid."}
{"_id": "158744", "title": "", "text": "&gt; Which is why everybody has an incentive to cover themselves with THEIR OWN insurance policies.  I would be all for that as soon as every job in society pays people enough for a modest life including insurance.  Before that happens, this approach is just setting the lower classes up for failure.  &gt; Which is why it's so important that people have a strong financial incentive to stay healthy...  I know this is a fundamental ideal of the right but I do not share it.  I think you need a lot of carrots to get people to change.  &gt; It is not moral to point a gun at somebody to force them to pay for somebody else's stuff.  Is it moral for a rich man who made all his money while using public infrastructure and services to claim all his profits are exclusively his?  &gt; My full time job is in the financial markets.  You do understand that if/when we get a terrific healthcare system that benefits the common man the healthcare stocks would tank?"}
{"_id": "158745", "title": "", "text": "It's not so much too big to fail as that's just a bad policy, you are overpenalizing Walmart.   Not to mention would this be reset every so many years or would it be permanent. It's pretty conceivable that Walmart is going to live on for ages and ages right now so there could be unintended consequences of this, much like the three strikes and you're out policy works in real life."}
{"_id": "158763", "title": "", "text": "\"More like:  nobody *can* pay for it.   Just paying for someone to be available near a person 24 hours a day is very labor intensive.    Expensive, even at minimum wage.  So a worker has to earn enough both to pay their own living expenses, but also the living expenses of their ailing mom *and* the living expenses of 2-3 aide workers.   That's crazy.  And that's not even counting in actual health care.  We're going to reach a breaking point with nursing homes etc soon.   To a much greater extent, you'll see some combination of ailing parents who would otherwise need 24 hour care allowed to die by not having medical interventions, moving back in with their kids and the kids sacrificing their career, \"\"suicided\"\"...\""}
{"_id": "158793", "title": "", "text": "\"I was amazed to find out that many people think that credit ratings are equivalent across asset classes.   Rating agencies DO NOT and CAN NOT rate assets based on market exposure. There ratings represent the assets idiosyncratic risk, obviously assets that are more exposed to the market have higher risk in a market downturn but higher reward in a boom.    This is pretty well known and documented. The agencies that are paid by debt issuers are there to establish that the asset meets certain established criteria, often this involves the interest rate. Thus, as most people that are familiar with financial markets know, the major CRA's tend to be reactionary, and a much better gauge of actual credit worthiness is the market interest rate. However these ratings do have a purpose for creating standardized practices for governments and other public organizations. Subscriber based CRAs will almost always give much more accurate and detailed information, just as with everything else, if you want something done right, your gonna have to do it yourself.   That said it will be interesting to see how the agencies adapt to Dodd Frank which mandates that their ratings translate across asset classes. Especially since gov debt is in a whole different tax category and thus intrinsically has lower interest rates and thus lower default rates. In the end the rating agencies are just going to have to say... \"\"well since the interest rate is under inflation we know that it is Aaa...\"\" lol Thus they are useless. In addition the rating of government debt has less to do with ability to pay back obligations and more to do with (at least in a democracy) political will. How is this supposed to be quantified?\""}
{"_id": "158795", "title": "", "text": "\"Agreed, but going back to Amazon Prime itself, haven't you seen how the shipping charges are routinely just put into the price? Every non Prime item is $x plus $y for shipping. Then you see the Prime item listed for $(x+y) \"\"and free shipping!\"\". Just curious as to how you aren't more upset about that.\""}
{"_id": "158805", "title": "", "text": "This comment might sound like a circle jerk but I think it's important to say. Indeed innovation is what creates more productivity, which is fueled by debt, but debt is fueled by real savings, which comes from under consuming, which is easier when your productivity is higher. The government can stimulate innovation yes, but only at the expense of someone else.   What's really scary is the federal reserve has been manufacturing all the savings for nearly a decade now. So there's a complete mismatch between credit and savings, and the overall economy. The actual price of money itself is manufactured too, so just about all asset prices are inherently flawed in my view.   I think it's important to piggy back your point about innovation and how productivity can't really go down, because inventions and new methods of producing goods don't disappear(once we come up with the combustible engine or a new drug for example, it's now here forever ideally, it's work that we don't have to do all over again).  What brings on a crash or feeling like we're going backwards in terms of progress comes when we somehow manage to go through a boom bust (like in 2008), but then take on all this debt, normally we can pay off debt but when the government manufactures it, and credit is created out of nothing, that's when you get into problems like not being able to pay it back - because it wasn't truly real or representative of real savings. I feel like I'm ranting now but I think this stuff is super important and I think you understand it."}
{"_id": "158807", "title": "", "text": "\"There is also the aspect of [time taken during the day to eat.](https://www.forbes.com/sites/tombarlow/2011/04/15/americans-cook-the-least-eat-the-fastest/#3428a01f4162)  (Note:  Article from 2011.  I mean this overall message as a \"\"this is also a factor.\"\")  Full breakfast?  No time, need to get to work, will grab drive through and a coffee on the way.  Lunch?  Half an hour?  If you don't take something from home (and who WANTS to take the time after work to make up tomorrow's meal,) you need something close and easy to wolf down.  Supper?  Ugh, so worn out from the day.  If a person doesn't even want to make up tomorrow's lunch, why go through complicated tonight.\""}
{"_id": "158813", "title": "", "text": "'In demand', partly due to the larger supply available.    Employers might prefer a math major, but when they are 5-10x more finance majors, they have to settle for the finance skillset + excel, rather than a proverbially higher IQ math major with greater modeling and math skills."}
{"_id": "158816", "title": "", "text": "The market sets prices and the way JP Morgan or any other bank or organization determines the price it's willing to deal in would be proprietary business information."}
{"_id": "158838", "title": "", "text": "\"Here is the thing if in 2020-2040 you can buy CD's that pay 4% then you would kick yourself for paying your mortgage early and costing you a no risk 1% revenue on your money. Think about this?  You have a 4% mortgage that is costing you less than 3% after tax deduction\"\" in 2025 you are buying 10 year notes at 7% which is not out of the question.   You will be making 4% on your money with virtually no risk. Personally I agree with JoeTaxpayer.  I have gone a step further and done so with two houses and I netted myself over 20 grand in 30 months. So in short you have to ask yourself \"\"Can I make more than 3% on my money?\"\"\""}
{"_id": "158841", "title": "", "text": "No I'm American, but vacation time is treated as earned income. That's why you get paid out on vacation days when you leave a job. If a company mandates you use vacation days then that's the same as them requiring you to spend your money on certain things. I'm assuming it's mandated in the contract that vacation days get docked for these trips, but it's totally shady."}
{"_id": "158845", "title": "", "text": "\"If you take a loan, you make a contract with your lender, let's call them \"\"bank\"\" (even if it might not be a real bank).  This loan contract contains an agreed-upon way of paying back the loan.  Both sides agreed upon these conditions.  Any change of it (like paying back early) needs the consent of both sides.  So, in general, no, you cannot just pay back everything earlier unless the other side accepts this change of the contract. Consider it from the bank's point of view:  They want to earn money by getting the interest you have to pay when you pay back everything nice and slowly.  It is their business.  They plan on these expected revenues etc. So if, for whatever reason, you have to pay back the whole remaining loan at once, you create a revenue loss for the bank and are liable for this financial damage.  In German the term for this is \"\"Vorf\u00e4lligkeitsentsch\u00e4digung\"\" which translates to \"\"prepayment penalty\"\" or \"\"acceleration fee\"\".  You just have to pay it, so in the end you come out like if you were paying back the loan in the agreed-upon fashion. However, many loan contracts contain the option to pay back early at specific points in time in specific amounts and under specific conditions.\""}
{"_id": "158864", "title": "", "text": "&gt; However for non-tech industries, if current CEO's want to learn more about tech I think that's great but, most of them still won't get it, they'll just say the normal buzzwords and enough to get by.   Yup, and as the article says, this will not bode well for the company that employs them. The fundamental problem is that non-tech companies are facing the same kind of disruption that is situation normal for the tech business. It probably won't last forever like that, but for now there is a big wave of rippling through a lot of industries.  &gt; Then a CTO/CIO will step up.  You ever been at a company with a technically brilliant CIO and a CEO that didn't undertand a thing about technology? Does great if the business fundamentals remain the same. Otherwise... not so much. Probably one of the better outcomes with that was Gerstner at IBM. He saved the company, but turned one of the biggest mountains of intellectual property in to a consulting services company that essentially was out of the tech game.  &gt; Also one risk here is, you get a CEO who wants to learn tech or gets a wild hair and then they think they know everything and then the backsliding begins, I actually worked at a company that went this direction because a CEO learned about a new product that would replace our backend processing software and wanted everyone to start converting to it, then the CIO had to come in and take reins.  If you have a CEO who thinks they know everything when they don't, you are definitely doomed. They have to expect their senior staff to be more talented specialists. If they aren't, that already a very bad sign of their leadership skills."}
{"_id": "158886", "title": "", "text": "&gt; In the 1950s people talked about what we'd do with all our leisure time as a result of automation. But here we are 70 years later and we're still working 40-50 hours a week for the most part.  True! Also before that, when the steam engine was invented, when the automatic mill was invented, when computers where invented, etc.  But all those engines, machines and automation do not have intelligence. They just do repetitve work.  Robots and AI is totally different thing.  What job do you think only a human can do, but an intelligent robot can't?"}
{"_id": "158887", "title": "", "text": "\"Another factor is, how far is your prospective rental property from where you live? vs. how comprehensive is your property management service?  If you need to visit much or would simply like to keep an eye on it, a couple of hours drive could be a deal breaker. One more thought; would you be able to upgrade the property at a profit when it comes time to sell?  If you have a realtor you trust he or she should be able to tell you if, say a $20k kitchen reno would reliably return more than $20k. It has a lot to do with the property's relative price position in the neighborhood.  A cheaper home has more \"\"upsell\"\" room.\""}
{"_id": "158907", "title": "", "text": "\"I wrote a brilliant guest post at Don't Mess With Taxes, titled Roth IRAs and Your Retirement Income. (Note - this article now reflects 2012 rates. Just updated) Simply put, it's an ongoing question of whether your taxes will be higher now than at any point in the future. If you are in the 25% bracket now, it would take quite of bit of money for your withdrawals to put you in that bracket at retirement. In the case of the IRA, you have the opportunity to convert in any year between now and retirement if your rate that year drops for whatever reason.  The simplest case is if you are now in the 25% bracket. I say go pre-tax, and track, year by year what your withdrawal would be if you retired today.  At 15%, but with a good chance for promotion to the 25% bracket, start with Roth flavor and then as you hit 25%, use a combination. This approach would smooth your marginal rate to stay at 15%.  To give you a start to this puzzle, in 2012, a couple has a $11,900 standard deduction along with 2 exemptions of $3800 each. This means the first $19,500 in an IRA comes out tax free at retirement. If you believe in a 4% withdrawal rate, you need a retirement account containing $500K pretax to generate this much money. This tick up with inflation, 2 years ago, it was $18,700 and $467K respectively. This is why those who scream \"\"taxes will go up\"\" may be correct, but do you really believe the standard deduction and exemptions will go away?  Edit - and as time passes, and I learn more, new info comes to my attention. The above thoughts not withstanding, there's an issue of taxation of Social Security benefits. This creates a The Phantom Tax Rate Zone which I recently wrote about. A single person with not really too high an income gets thrust into the 46% bracket. Not a typo, 46.25% to be exact.\""}
{"_id": "158915", "title": "", "text": "Exactly, the way you phrase the question makes it too vague to explain. Futures are very complicated instruments, and you should not be going after futures contracts if you are not educated in exactly how they work.  I recommend getting a text on [derivative markets](http://books.google.com/books?id=6fNJGQAACAAJ&amp;dq=Fundamentals%20of%20Derivative%20Markets%20McDonald&amp;source=gbs_book_other_versions) and learn all the ropes before jumping in at all."}
{"_id": "158918", "title": "", "text": "\"Another problem with this plan (assuming you get past Rocky's answer somehow) is that you assume that $50K in construction costs will translate to $50K in increased value. That's not always true; the ROI on home improvements is usually a lot less than 100%. You'd also owe more property taxes on your improvements, which would cut into your plan somewhat. But you also can't keep doing this forever. Soon enough, you'd run out of physical and/or legal space to keep adding additions to the house (zoning tends to limit how much you can build, unless you're in the middle of nowhere, and eventually you'd fill the lot), even if you did manage to keep obtaining more and more loans. And you'd quickly reach the point of diminishing returns on your expansions. Many homebuyers might be prepared to pay more for a third or fourth bedroom, but vanishingly few in most markets will pay substantially more for a second billiards room or a third home theater. At some point, your house isn't a mansion, it's \"\"that ridiculous castle\"\" only an eccentric would want, and the pool of potential buyers (and the price they'll pay for it) diminishes.  And the lender, not being stupid, isn't going to go on financing your creation of a monstrosity, because they are the ones who will be stuck with the place if you default.\""}
{"_id": "158922", "title": "", "text": "I just read through all of the answers to this question and there is an important point that no one has mentioned yet: Oftentimes, buying a house is actually cheaper than renting the identical house. I'm looking around my area (suburbs of Chicago, IL) in 2017 and seeing some houses that are both for sale and for rent, which makes for an easy comparison. If I buy the house with $0 down (you can't actually put $0 down but it makes the numerical comparison more accurate if you do), my monthly payment including mortgage (P+I), taxes, insurance, and HOA, is still $400 less than the monthly rent payment. (If I put 20% down it's an even bigger savings.) So, in addition to the the tax advantages of owning a home, the locked in price that helps you in an economy that experiences inflation, and the accumulated equity, you may even have extra cash flow too. If you were on the fence when you would have had to pay more per month in order to purchase, it should be a no-brainer to buy if your monthly cost is lower. From the original question: Get a loan and buy a house, or I can live for the rest of my life in rent and save the extra money (investing and stuff). Well, you may be able to buy a house and save even more money than if you rent. Of course, this is highly dependent on your location."}
{"_id": "158923", "title": "", "text": "In theory you can buy shares directly from someone else who owns them. In practise, if the stock is listed on an exchange, they are unlikely to own them directly, they are likely to own them through an intermediary. You will have to pay fees to that intermediary to transfer the shares to your name. There are thousands of small companies owned by the guy who started it and a few other investors. You can buy stock in that kind of company directly from the existing owners, as long as they are willing to sell you some. It's a super-high risk investment strategy, though. This is the kind of deal that happens on Dragons Den."}
{"_id": "158932", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/politics/2017/jul/25/britain-to-ban-sale-of-all-diesel-and-petrol-cars-and-vans-from-2040) reduced by 90%. (I'm a bot) ***** &gt; As part of a government strategy to improve air quality, Britain is to ban all new petrol and diesel cars and vans from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health.  &gt; The government had been asked to present a new draft policy to tackle air pollution from diesel traffic before the election.  &gt; Areeba Hamid, clean air campaigner at Greenpeace, said: &amp;quot;The high court was clear that the government must bring down toxic air pollution in the UK in the shortest possible time. This plan is still miles away from that.The government cannot shy away any longer from the issue of diesel cars clogging up and polluting our cities, and must now provide real solutions, not just gimmicks. That means proper clean air zones and funding to support local authorities to tackle illegal and unsafe pollution.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pkblq/britain_to_ban_sale_of_all_diesel_and_petrol_cars/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~175549 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **air**^#1 **government**^#2 **plan**^#3 **pollution**^#4 **quality**^#5\""}
{"_id": "158933", "title": "", "text": "\"&gt; So basically, you think they are all bullshiters and don't understand anything.   A significant number (or perhaps more correctly, the vast majority) of them are.  And this is not just something that has only happened with recent \"\"digital\"\" technology or computers.  &gt;So really, the idea of any of them understanding technology would be practically impossible.  No, it is certainly *possible* for them to understand technology... it's just that for most people, well... they just don't *want* to put in the mental effort; they don't want to comprehend the how/why something works (i.e. the underlying fundamentals) they generally want to get away with whatever minimal a level of \"\"training\"\" that allows them to achieve their immediate goals.  When it comes to a lot of the C suite level people for the most part they are only concerned with *appearances* and motivating controlling others -- that usually means familiarity with and faking competence via jargon &amp; buzzwords --their \"\"people\"\" are supposed to deal with the pesky little details of reality.  And then (especially) when you get to businesses that are almost entirely about \"\"marketing\"\" -- well, appearance &amp; perception are 90% (if not 99%) of the product.\""}
{"_id": "158934", "title": "", "text": "A DRIP plan with the ETF does just that. It provides cash (the dividends you are paid) back to the fund manager who will accumulate all such reinvested dividends and proportionally buy more shares of stock in the ETF. Most ETFs will not do this without your approval, as the dividends are taxed to you (you must include them as income for that year if this is in a taxable account) and therefore you should have the say on where the dividends go."}
{"_id": "158946", "title": "", "text": "Weiss Ratings is an independent company providing data and analysis for the bank and insurance industries.  We\u2019ve published the Weiss Financial Strength Ratings for banking institutions  and insurance companies since 1989 and continue to use the methodology praised by the GAO back in 1994.  Weiss Ratings has consistently graded failed institutions in the lowest Weiss Rating tier at the time of failure. We invite you to look at the Weiss Ratings' track record."}
{"_id": "158947", "title": "", "text": "Many brokerages offer automatic dividend reinvestment. It is very infrequent that these dividends are exactly a whole share. So, if you have signed up for automatic dividend reinvestment, many brokerages will reinvest your dividends and assign to you a fractional share. I can't speak for how these shares work with regards to voting, but I can say that the value of these fractional holdings does change with stock price as if one genuinely could hold a fraction of a share."}
{"_id": "158951", "title": "", "text": "This article is seriously referencing the takeover of communism during the revolt against the Tzar as the model for global labor organization... this is nothing but ideological drivel.  Capitalism saved the world and it produced the most prosperous and free society in the history of humanity, while simultaneously bringing the entire western world along with it. Go read Bernstein or something with any minuscule amount of perspective."}
{"_id": "158958", "title": "", "text": "I have encountered this too, and nearly every month the downloaded transactions do not match up with the statement balances. In my experience it isn't necessarily because of transactions changing later; I have seen discrepancies for the following reasons: So what to do about it? So far I've been manually reconciling with the itemized statement each month. For me refunds are rare so the differences are easy to spot. Side Note: I see you are using the micropayments fee schedule. Since you don't have the default I'm sure you know that PayPal offers 2 different schedules: Some quick algebra tells us that if your average item sold is more than $11.90, then you are better off with option 1. You are apparently using option 2 even though all of the charges in your example are $20 or more. If your example numbers are indicative of your average sale, you could probably save some money by changing to option 1. Note that the reason I say probably rather than definitely is because when you have refunds you don't get the fixed fee back. So right now you only lose 5 cents per refund, whereas you would lose 30 cents per refund if you switch. You'll have to run the numbers for your average sale price and consider your refund rate to know which is best for you."}
{"_id": "158965", "title": "", "text": "If so, it seems to me that this system is rather error prone. By that I mean I could easily forget to make a wire some day and be charged interests while I actually have more than enough money on the check account to pay the debt. I have my back account (i.e. chequing account) and VISA account at/from the same bank (which, in my case, is the Royal Bank of Canada). I asked my bank to set up an automatic transfer, so that they automatically pay off my whole VISA balance every month, on time, by taking the money from my bank account. In that way I am never late paying the VISA so I never pay interest charges. IOW I use the VISA like a debit card; the difference is that it's accepted at some places where a debit card isn't (e.g. online, and for car rentals), and that the money is deducted from my bank account at the end of the month instead of immediately."}
{"_id": "158968", "title": "", "text": "People put conditions on donations all the time. They donate to the Red Cross for a specific disaster. The donate money to a church for the building fund. They donate money to a hospital to buy a new x-ray machine. They donate money to the scouts for a new dining hall.  It is possible to donate money to a non-profit for a specific purpose. If the non-profit doesn't want to accept the money with those strings they can refuse. Generally these specific projects are initiated by the non-profit. But there is no requirement that the idea originate with the non-profit.  It is also up to the non-profit and their legal advisers regarding how strictly they view those strings. If you donate money for web design and they don't spend it all, can they pay net years hosting bill with the money, or must they hold it for a few years for when they need a designer again? If the company wants to provide the service, they can structure the project to pay their employees for their time. They pay employees for $100 of labor while deigning the website. The pay and benefits reduce profit thus lowering taxes.  Donating money to the non-profit to be given back to the company doesn't seem to be the best way to structure transaction. At best it is a wash.  Donating money to a charity and then directing exactly which contractor will perform the service starts to look like money laundering, and most charities will get wary."}
{"_id": "158975", "title": "", "text": "It would also attract tons of costumers who aren't necessarily vegan, but are interested in trying vegan food.  I see many more people trying vegan food as a healthy choice, rather than a moral choice.  I think (hope) the 1st world will soon wake up to the devastating effects our food system is having on personal health.  With how many adults are overweight and obese, I think it sounds like a fantastic idea to try and make healthy foods more accessible.  All the better if they can make those healthy foods taste like my favorite animal proteins.    I'd be very interested in trying it, especially if it's fast food.  When I go out to a restaurant I want to get something I know I'll enjoy.  If I'm just going through a drive through I'd be more likely to just give vegan food a quick try."}
{"_id": "159012", "title": "", "text": "Corporate debt isn't an iou. Large corporations sell bonds and make annual or semiannual payments in those bonds.  Cash is often held in a country with favorable tax condition, like Ireland.. Depending on the industry, this cash is invested in money market funds, fixed income securities, and maybe stocks or other funds.  Because of the low interest rates that have prevailed since the recession, it's most economical to invest most cash and borrow for larger investments. However, the cash that ends up overseas is net of expenses. Internet is paid from operating income.  I'm by no means an expert though, so take this with a grain of salt."}
{"_id": "159076", "title": "", "text": "\"Couple of clarifications to start off: Index funds and ETF's are essentially the same investments.  ETF's allow you to trade during the day but also make you reinvest your dividends manually instead of doing it for you.  Compare VTI and VTSAX, for example.  Basically the same returns with very slight differences in how they are run.  Because they are so similar it doesn't matter which you choose. Either index funds and ETF's can be purchased through a regular taxable brokerage account or through an IRA or Roth IRA.  The decision of what fund to use and whether to use a brokerage or IRA are separate. Whole market index funds will get you exposure to US equity but consider also diversifying into international equity, bonds, real estate (REITS), and emerging markets.  Any broker can give you advice on that score or you can get free advice from, for example, Future Advisor.  Now the advice: For most people in your situation, you current tax rate is currently very low.  This makes a Roth IRA a very reasonable idea.  You can contribute $5,500 for 2015 if you do it before April 15 and you can contribute $5,500 for 2016.  Repeat each year.  You won't be able to get all your money into a Roth, but anything you can do now will save you money on taxes in the long run.  You put after-tax money in a Roth IRA and then you don't pay taxes on it or the gains when you take it out. You can use Roth IRA funds for college, for a first home, or for retirement. A traditional IRA is not recommended in your case.  That would save you money on taxes this year, when presumably your taxes are already low. Since you won't be able to put all your money in the IRA, you can put the rest in a regular taxable brokerage account (if you don't just want to put it in a savings account).  You can buy the same types of things as you have in your IRA.   Note that if your stocks (in your regular brokerage account) go up over the course of a year and your income is low enough to be in the 10 or 15% tax bracket and you have held the stock for at least a year, you should sell before the end of the year to lock in your gains and pay taxes on them at the capital gains rate of 0%. This will prevent you from paying a higher rate on those gains later.  Conversely, if you lose money in a year, don't sell. You can sell and lock in losses during years when your taxes are high (presumably, after college) to reduce your tax burden in those years (this is called \"\"tax loss harvesting\"\"). Sounds like crazy contortions but the name of the game is (legally) avoiding taxes.  This is at least as important to your overall wealth as the decision of which funds to buy. Ok now the financial advisor.  It's up to you.  You can make your own financial decisions and save the money but it requires you putting in the effort to be educated.  For many of us, this education is fun.  Also consider that if you use a regular broker, like Fidelity, you can call up and they have people who (for free) will give you advice very similar to what you will get from the advisor you referred to.  High priced financial advisors make more sense when you have a lot of money and complicated finances.  Based on your question, you don't strike me as having those.  To me, 1% sounds like a lot to pay for a simple situation like yours.\""}
{"_id": "159086", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://mobile.reuters.com/article/amp/idUSKBN1AD0DU) reduced by 83%. (I'm a bot) ***** &gt; WASHINGTON/LONDON. WASHINGTON/LONDON - U.S. coal exports have jumped more than 60 percent this year due to soaring demand from Europe and Asia, according to a Reuters review of government data, allowing President Donald Trump&amp;#039;s administration to claim that efforts to revive the battered industry are working.  &gt; &amp;quot;If Europe wants to lecture Trump on climate then EU member states need transition plans to phase out polluting coal,&amp;quot; said Laurence Watson, a data scientist working on coal at independent think tank Carbon Tracker Initiative in London.  &gt; TAKING CREDIT. Both the coal industry and the Trump administration said the rising exports of both steam coal, used to generate electricity, and metallurgical coal, used in heavy industry, were evidence that Trump&amp;#039;s agenda was having a positive impact.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q2vq7/us_coal_exports_soar_in_boost_to_trump_energy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177666 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **coal**^#1 **U.S.**^#2 **Trump**^#3 **administration**^#4 **Energy**^#5\""}
{"_id": "159100", "title": "", "text": "\"TELL STORIES. I've interviewed a lot of entry level people in my career, and this is the difference maker. Some of the other comments imply it, but let's be explicit. If you're asked how you liked attending school X, don't say, \"\"It's great,\"\" smile, and wait for the next question. There's no right or wrong answer to questions. Interviewers want to get a better feel for what you're like and what excites you, and they don't want to have to work to do it. Tell them a story about the class that changed your life.   Two more tips that are good at every level. One, always ask to see the work space. (Shows you want the job, and reassures you it's not a dungeon.) Two, when they ask if you have questions, have questions, and make sure some are about what previous employees (in this case, interns) have gone on to do. This should be a source of pride for the interviewer.\""}
{"_id": "159101", "title": "", "text": "I use it for work, and have over 1000 buddies on my buddy list.  Over 500 are online at any given time.  I can use it to converse with dozens of people at once which is way more efficient than trying to call everyone.  And it logs everything.  I couldn't get by without it."}
{"_id": "159134", "title": "", "text": "Explain that you are looking for work that is more fast paced than what you are currently doing.   You are obviously very smart and probably good with people as you are on a leadership type career path.   If you find you don't have the network to talk to people in the industry, or are concerned about your lack of financial background, you may want to look at the CFA. Although not really quantitative, it would show your commitment to the investment profession, and you could join your local CFA Chapter."}
{"_id": "159137", "title": "", "text": "\"I would start with long term data. It would show how 40 years worth of stock investing puts the investor so far ahead of the \"\"safe\"\" investor that they can afford to lose half and still be ahead. But - then I would explain about asset allocation, and how the soon to be retired person had better be properly allocated if they weren't all along so that the impact of down years is mitigated. The retiree is still a long term investor as life spans of 90 are common.  Look at the long term charts for the major indexes. So long as you average in, reinvest earnings (dividends) and stay diversified, you will be ahead. The market is still not where it was at the end of 2001, but in the decade, our worth has risen from 5X our income to 12.5X. This was not genius, just a combination of high savings and not panicking.\""}
{"_id": "159156", "title": "", "text": "\"For any sort of investment you need to understand your risks first. If you're going to put money into the stock or bond market I would get a hold of Graham's \"\"The Intelligent Investor\"\" first, or any other solid value investing book, and educate yourself on what the risks are. I can't speak about real estate investing but I am sure there are plenty of books describing risks and benefits of that as well. I could see inflation/deflation having an effect there but I think the biggest impact on the landlord front is quality of life in the area you are renting and the quality of the tenant you can get. One crazy tenant and you will be driven mad yourself. As for starting a business, one thing I would like to say is that money does not automatically make money. The business should be driven by a product or service that you can provide first, and the backing seed capital second. In my opinion you will have to put energy and time worth much more than the 100k into a business over time to make it successful so the availability of capital should not be the driving decision here. Hope this helps more than it confuses.\""}
{"_id": "159162", "title": "", "text": "Do you have any insight on average *effective* rates paid by SE owners?  As a counterpoint to your (very valid) links, filing as S-corp allows for taxes on distributions to be exempt from payroll tax and taxed at much lower rates. Also, being SE allows for various deductions not possible for wage earners. There's probably other examples not immediately coming to mind.  Also, SE taxes equal taxes otherwise paid by employer + employee. It's just that those employer taxes don't appear on the employee's paystub so not everyone realizes this."}
{"_id": "159166", "title": "", "text": "The methodology for divisor changes is based on splits and composition changes. Dividends are ignored by the index. Side note - this is why, in my opinion, that any discussion of the Dow's change over a long term becomes meaningless. Ignoring even a 2% per year dividend has a significant impact over many decades.  The divisor can be found at http://wsj.com/mdc/public/page/2_3022-djiahourly.html"}
{"_id": "159171", "title": "", "text": "I didn't say it took off the second congress cut the budget, obviously it retracted after the govt stopped spending for the war. Dont confuse increases in GDP with increases in the standard of living. But I would call the next two decades a pretty big take off from where the economy was none the less"}
{"_id": "159194", "title": "", "text": "is this a story because it's a female-led superhero movie?  beauty in the beast is a female-led and opened with $174MM this year.  congrats to both movies, but i hope this doesn't start a trend of having a female lead just because females!  make good movies and people will watch."}
{"_id": "159197", "title": "", "text": "&gt;I could be wrong but you will still get tax at 10%   This isn't true for Roths.  If I put 5k (post tax of course) money into a Roth 401k or a Roth IRA I can withdraw that 5k whenever I want penalty and tax free.  Now lets say that 5k has grown to 7k and I take out all 7k the first 5k is penalty and tax free but the extra 2k is taxed (with the extra 10% penalty added on).  So as long as you don't touch any growth in your roth accounts you can withdraw the principal amount with the same consequences you would experience if you were to take money out of your checking account at your bank.    Also money in and IRA does not have to be invested it could be in a liquid position.    Now a pre tax retirement account doesn't have the same luxury.  If I stick 5k into a traditional IRA and it grows to 7k and I pull that money out the entire ammount gets taxed AND penalized (even the principal amount is subject the 10% penalty).     Now if you do a Roth conversion (pre-tax to post-tax retirment account conversion) the principal ammount (the amount you paid taxes on) is still subject to the 10% penalty for 5 years.  After the 5 years you can withdraw the converted ammount tax and penalty free (well you already paid the taxes) it would just be the growth that is subject to the penalty."}
{"_id": "159204", "title": "", "text": "I don\u2019t disagree that housing prices are important and vital to the economy, but I think they are a separate issue to inflation, requires a different set of tools to deal with, and has completely different outcomes from policies.   First and foremost, they are almost the only item purchased that can be resold at a higher value. So even though house prices may have risen 1000%, who ever had bought a house exits with a 1000% increase in equity. How would account for that when calculating inflation?"}
{"_id": "159210", "title": "", "text": "I ordered a dishwasher from Sears last week, but decided to cancel the order on Sunday because I found a better deal that didn't require Sears' $170 installation charge.   I got a call last night confirming the delivery and reminded them I canceled the order. They apologized and said they'd remove it from the system.   I got a call 11am this morning from the delivery guy asking what my apartment number is because he was outside with the truck. I felt bad to tell him I was at work and the order had been cancelled. He then applogized and proceeded to tell me his boss was an idiot."}
{"_id": "159235", "title": "", "text": "No cash is necessary for most people.  In the modern day in the US there is no need to keep paper currency around for emergencies; any sort of emergency that knocked out all of the ability to use plastic (ATMs, credit cards, etc.) for an extended period of time AND knocked your bank out of service would be of the level that cash  might not have any value either. Your $100 of cash for natural disasters is likely more than enough, and even that I wouldn't necessarily consider a vital thing in this day where even a major natural disaster probably isn't going to have too much impact on the financial sector outside of the immediate area (that you should be exiting quickly).  Keep however much cash around that you need for day to day cash expenses, and that should be enough. The level of emergency that would suggest cash being needed would probably need more than you'd actually want to keep around, anyway - i.e., a complete collapse of the American or World financial system would imply you need months' worth of cash.  That's just not feasible, nor is it practical financially.  You should have your emergency fund making at least a bit of interest - 1% or so isn't hard to get right now, and in the near future that may increase substantially if interest rates go up. It also would make you a substantial theft target if it were known you had months' worth of cash around the house (i.e., thousands of dollars).  Safes don't necessarily give you sufficient protection unless you've got a very good safe - commercial ones are only as safe as the ability to crack them and/or transport them is. Now, if you find yourself regularly out at 2am and run out of cash, and you live somewhere that ATMs don't exist, and you find yourself needing to pay cab drivers from time to time after a drunk bender... then I'd keep at least one cab's worth of cash at home."}
{"_id": "159245", "title": "", "text": "I think it's great idea.  Many large brokerages give customers access to a pretty sizable list of zero commission, zero load funds.  In this list of funds will certainly be an S&P 500 index.  So you can open your account for free, deposit your $1,000 for free and invest it in an S&P index for no cost.  You'll pay a very negligible amount in annual expense fees and you'll owe taxes on your gain if you have to use the money.  I don't follow the school of thought that all investment money should be in retirement account jail. But I think if you have your spending under control, you have your other finances in order and just want to place money somewhere, you're on the right track with this idea."}
{"_id": "159263", "title": "", "text": "Whether an investment is pre-tax is determined by the type of account (i.e., tax-advantaged vs ordinary taxable account), but whether you can invest in individual stocks is determined by the provider (i.e., the particular bank where you have the account).  These are orthogonal choices.  If you want to invest in individual stocks, you need to look for a bank that offers an IRA/401k/other tax-advantaged account and allows you to invest in individual stocks with it.  For example, this page suggests that Fidelity would let you do that.  Obviously you should look into various providers yourself to find one that offers the mix of features you want."}
{"_id": "159264", "title": "", "text": "I'm really going to go against the crowd here--paying it too fast could be a problem. The thing is you want them reporting that you paid the bill as agreed.  To do that you need to pay the bills--which means you need to leave the charges there to get billed for.  Paying less than the total is fine, paying as soon as they bill you but before you even get the bill is fine."}
{"_id": "159273", "title": "", "text": "If the loan is for a car, or mortgage there is specific paperwork that is processed when the loan payments have been completed. For other types of loans ask the lender, what will they give you regarding the payoff of the loan. Keep this paperwork, in hard copy and electronic form forever."}
{"_id": "159284", "title": "", "text": "\"I don't work at a \"\"call center,\"\" but my last two jobs were customer service where I had to answer the phone on occasion. It's amazing how often I got, \"\"Finally someone who speaks English!\"\" People care.   The last time I called in for support and got a call center I knew they were going to transfer me to the US. If I'm calling in for support, it's a really difficult issue that even Google can't solve. The lady in India with no tech degree probably can't either.\""}
{"_id": "159310", "title": "", "text": "I took the Greyhound home for Thanksgiving. It would normally be a 9 hour drive, but with stops the bus trip ended up being 13.  There was more legroom than an airplane and the tickets cost less than gas would have, but my favorite part was the scheduling. I was able to work Wednesday and take an overnight bus. I actually slept pretty well during the 4-hour stretches between stations (I brought a flask full of scotch to make sure). Unfortunately, they kick you off the bus and make you wait for an hour in the loud, brightly-lit stations while they gas up / change drivers.  On the way back, I got to hang out all the way through Sunday and still made it to work Monday morning. Overall, a much better experience than I was expecting."}
{"_id": "159322", "title": "", "text": "&gt; Why would the companies pay more  So that we, the taxpayer, don't have to.  Taxpayers shouldn't be in the business of subsidizing corporate wages by providing necessary services that an employee should be able to buy via earned income."}
{"_id": "159326", "title": "", "text": "\"I don't understand the part about him \"\"letting\"\" you hire a second office person. Is he your boss or are you his boss? If you are his boss, and you think you need a second office person, hire one.  Frankly, I think the real problem you have is that you have this one guy who controls everything in his area. Forget about the stealing part -- what happens if he gets hit by a bus tomorrow or quits and finds another job? Is there anyone who can step in and fill in for him immediately?   I would strongly suggest not letting that become an issue. Make sure that he is cross training others on his roles and responsibilities. Not only will it relax your fears about theft. It's also good business practice to have multiple people at least familiar with an area in case someone leaves or takes a vacation.\""}
{"_id": "159336", "title": "", "text": "\"To try and address your 'how'  it goes a bit like this. You need to first assess how your stuff is invested, if for example half is in stocks, and the other half is in bonds, then you will need to calculate a 'blended' rate for what are reasonable 'average return' for both. That might mean looking at the S&P500 or Russell 3000 for the stock portion, and some bond index for that portion, then 'blend the rates', in this case using a formula like this then compare the blended rate with the return in your IRA. It is generally a lot more useful to compare the various components of your total return separately, especially if you investing with a particular style such as 'agressive growth' or you are buying actual bonds and not a bond fund since most of the bond oriented indexes are for bond funds, which you can't really compare well with buying and holding bonds to maturity. Lets say your stock side was two mutual funds with different styles, one 'large cap' the other 'aggressive growth'.  In that case you might want to compare each one of those funds with an appropriate index such as those provided by Morningstar  If you find one of them is consistently below the average, you might want to consider finding an alternative fund who's manager has a better track record (bearing in mind that \"\"past performance....\"\") For me (maybe someone has a good suggestion here) bonds are the hard thing to judge.  The normal goal of actually owning bonds (as opposed to a fund) is to retain the entire principal value because there's no principal fluctuation if you hold the bond to maturity (as long as you choose well and the issuer doesn't default)   The actual value 'right now' of a bond (as in selling before maturity) and bond funds, goes up and down in an inverse relationship with interest rates.  That means the indexes for such things also go up and down a lot, so it's very hard to compare them to a bond you intend to hold to maturity. Also, for such a bond, there's not a lot of point to 'switch out' unless you are worried about the issuer defaulting.  If rates are up from what you are getting on your bonds, then you'll have to sell your bond at a discount, and all that happens is you'll end up holding a different bond that is worth less, but has higher interest (basically the net return is likely to be pretty much the same).  The better approach there is generally to 'ladder' your maturity dates so you get opportunities to reinvest at whatever the prevailing rates are, without having to sell at a discount..  anyway the point is that I'm not sure there's a lot of value to comparing return on the bond portion of an IRA unless it's invested in bond funds (which a lot of people wanting to preserve principal tend to avoid)\""}
{"_id": "159344", "title": "", "text": "Yes, and now I'M the person who is drowning the public in debt due to my incompetence! You should see the size of my novelty check I got to bail me out. It's almost as big as my penis.  By the way, my penis can also see the future."}
{"_id": "159371", "title": "", "text": "Network with school nurses, education, health care practitioners, hospitals, etc. Offer them discounts and referrals. Even local gyms. Target the right demographics interested in your product. You may have to physically go talk to these people too. Maybe bring some samples. Go to them until they come to you."}
{"_id": "159372", "title": "", "text": "don't know why you're being down voted, what you say is true in many markets. Universities are graduating a heck lot of undergrads and unless you have something more than that (say experience in the field) it's getting harder to compete."}
{"_id": "159403", "title": "", "text": "There are probably thousands of houses that you could buy. If you want to buy a house, it is very unlikely that the one you are renting right now is the best possible buy.  Usually people living in the houses they own are more interested in the quality of their property and the quality of their neigborhood than people who are renting, so I'd say that you are generally better off finding a home to buy in an area where the majority own their homes."}
{"_id": "159417", "title": "", "text": "You're confusing open positions and account balance. Your position in GBP is 1000, that's what you've bought. You then used some of it to buy something else, but to the broker you still have an open position of 1000 GBP. They will only close it when you give them the 1000GBP back. What you do with it until then is none of their business. Your account balance (available funds) in GBP is 10."}
{"_id": "159439", "title": "", "text": "GT BIOPHARMA, INC. ANNOUNCES REVERSE STOCK SPILT AS PART OF OXIS-GEORGETOWN PLANNED MERGER LOS ANGELES, CA / ACCESSWIRE / August 21, 2017 / GT Biopharma Inc.   (formerly known as Oxis International, Inc.) announced today a   1-for-300 reverse stock split. Shareholders of GT Biopharma Inc.   (OTCQB: OXIS and Euronext Paris: OXI.PA) will be issued 1 share of   common stock for every 300 shares common stock that they owned. If you owned fewer than 300 shares, they cashed you out."}
{"_id": "159460", "title": "", "text": "As far as I'm aware, PINs are only used for in-person transactions, not 'remote' (over the Internet or phone)."}
{"_id": "159462", "title": "", "text": "You are missing something very significant. The money in a traditional IRA (specifically, a deductible traditional IRA; there is not really any reason to keep a nondeductible traditional IRA anymore) is pre-tax. That means when you pay tax on it when you take it out, you are paying tax on it for the first time. If you take ordinary money to invest it in stocks, and then pay capital gains tax on it when you take it out, that is post-tax money to begin with -- meaning that you have already paid (income) tax on it once. Then you have to pay tax again on the time-value growth of that money (i.e. that growth is earned from money that is already taxed). That means you are effectively paying tax twice on part of that money. If that doesn't make sense to you, and you think that interest, capital gains, etc. is the first time you're paying tax on the money because it's growth, then you have a very simplistic view of money. There's something called time value of money, which means that a certain amount of money is equivalent to a greater amount of money in the future. If you invest $100 now and end up with $150 in the future, that $150 in the future is effectively the same money as the $100 now. Let's consider a few examples. Let's say you have $1000 of pre-tax income you want to invest and withdraw a certain period of time later in retirement. Let's say you have an investment that grows 100% over this period of time. And let's say that your tax rate now and in the future is 25% (and for simplicity, assume that all income is taxed at that rate instead of the tax bracket system). And capital gains tax is 15%. You see a few things: Traditional IRA and Roth IRA are equivalent if the tax rates are the same. This is because, in both cases, you pay tax one time on the money (the only difference between paying tax now and later is the tax rate). It doesn't matter that you're paying tax only on the principal for the Roth and on the principal plus earnings for Traditional, because the principal now is equivalent to the principal plus earnings in the future. And you also see that investing money outside fares worse than both of them. That is because you are paying tax on the money once plus some more. When you compare it against the Roth IRA, the disadvantage is obvious -- in both cases you pay income tax on the principal, but for Roth IRA you pay nothing on the earnings, whereas for the outside stock, you pay some tax on the earnings. What may be less obvious is it is equally disadvantageous compared to a Traditional IRA; Traditional and Roth IRA are equivalent in this comparison. 401(k)s and IRAs have a fundamental tax benefit compared to normal money investment, because they allow money to be taxed only one time. No matter how low the capital gains tax rate it, it is still worse because it is a tax on time-value growth from money that is already taxed."}
{"_id": "159471", "title": "", "text": "Why don't you look at the actual funds and etfs in question rather than seeking a general conclusion about all pairs of funds and etfs?  For example, Vanguard's total stock market index fund (VTSAX) and ETF (VTI).  Comparing the two on yahoo finance I find no difference over the last 5 years visually.  For a different pair of funds you may find something very slightly different.   In many cases the index fund and ETF will not have the same benchmark and fees so comparisons get a little more cloudy.  I recall a while ago there was an article that was pointing out that at the time emerging market ETF's had higher fees than corresponding index funds.  For this reason I think you should examine your question on a case-by-case basis.  Index fund and ETF returns are all publicly available so you don't have to guess."}
{"_id": "159483", "title": "", "text": "MS lacks the marketing balls to treat the ARM surface as a unique product and treat the intel surface as a win7 laptop with a touch screen. They see value in putting their eggs under the windows 8 umbrella and crosspromoting their virtues. I think that it's a mistake, but one that the media will fix for them.  I understand why they lack the balls. Apple had a 10% market share computer and were entering a new market so tying the Mac and iP_d marketing together wasn't valuable. MS has 90% market share with Windows so connecting everything with Windows is the safe bet. You just don't hit a lot of home runs by bunting."}
{"_id": "159493", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.rollingstone.com/politics/features/taibbi-on-republicans-and-democrats-blocking-drug-reimportation-w485638) reduced by 93%. (I'm a bot) ***** &gt; Drug reimportation would be a no-brainer policy move if actual human beings ran our government.  &gt; Disgust with high prescription drug prices is nearly universal - 77 percent say drug prices are &amp;quot;Unreasonable&amp;quot; - and 71 percent of respondents favor allowing the importation of cheaper drugs from Canada.  &gt; These imported drugs and drug ingredients arrive by way of more than 300,000 foreign food and drug manufacturing facilities that are regularly certified as safe by the FDA. These drugs come from manufacturing facilities not just in Canada but across the globe, from the first world to the third, sometimes using the same kind of degraded and underpaid labor forces we bemoan in other industries.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ffocr/republicans_and_democrats_continue_to_block_drug/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~137001 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Drug**^#1 **vote**^#2 **importation**^#3 **Trump**^#4 **industry**^#5\""}
{"_id": "159500", "title": "", "text": "This will likely cause either (a) running out of funds in HSA #2, as   the aggregate $6500 limit is nearing (b) an over-contribution   situation between HSA #1 and HSA #2. .... 2014 HSA contributions are under the limit by $3000. 2015 expenses currently sit at about $3000. The solution is to stop putting money into HSA #2 so that you don't go over the aggregate limit for this tax year; But then using the money in HSA #1 to pay the medical costs. If the person making the contribution had the ability to put money into either HSA then they should have the ability to spend that money from either account. I realize the goal of the April transaction was to be able to effectively put $9500 into the HSA system in CY 2015. With the transaction that missed the deadline by seconds that opportunity is lost. But any medical costs that can be paid with money in HSA #1 should be paid for with money from that account. You don't have to keep funds in HSA #1, while worrying about HSA# 2 running out of funds. The beauty of an HSA is that you can continue to pay medical expenses out of an account for years after you no longer have a High deductible insurance plan. It can even be used in retirement."}
{"_id": "159509", "title": "", "text": "The best way to get satisfaction is report them to the appropriate agency that regulates the bank.  This is usually the Office of Comptroller of Currency (OCC), but some banks are regulated by a different agency. However, start with these guys. They can refer you to the right agency if it isn't them. Here is a link to their consumer complaints page The other banks are regulated by the Federal Reserve Board. Here is their consumer complaint page: http://www.federalreserveconsumerhelp.gov Given the current environment where the Government is threatening more regulation of the financial industry, the last thing the banks want right now is a lot of complaints on file, so they have a lot of incentive to try and make you happy if you show that you know who to tattle to."}
{"_id": "159577", "title": "", "text": "\"Yes you can. One additional \"\"advantage\"\" of getting the physical certificate is you can use it to transfer your account from one brokerage to another.  You get the certificates in the mail and then just send them to the new broker. Why anyone would want to go through this extra work (and usually added expense) rather than a direct transfer is beyond me but it is one additional \"\"advantage\"\" of physical certificates.\""}
{"_id": "159590", "title": "", "text": "Is she entitled to more of the equity because she made more? No.  Equity should be determined by how much each paid.  But she is entitled to more of the equity if she paid more.  And that may be what she is saying.  That she contributed more to the household's finances than you did.   If you always paid the mortgage out of the joint account, you could presumably go back and look at the account to find out how much each of you contributed to it.  That would give you a reasonable split for the remainder of the equity after your initial investment.  If you both put your entire paychecks into the joint account every time, then it will be the same as the ratio of what you each made.  That would also make sense for splitting up whatever remains in that account.   While you're doing that, you may want to ask for more for your original $65,000.  By my calculation, if your mortgage was 3.5%, that $65,000 saved the household more than $12,000 in interest that became equity instead.  So you could reasonably bump your return on the initial investment up to $77,000 while making the concession on the rest of the equity.   This is just a suggestion for a framework for splitting the equity.  If you can agree on a split, it will almost certainly be easier than going to a mediator or court."}
{"_id": "159599", "title": "", "text": "There are two intertwined potential problems that this might create for Russia.  With the embargo there will be less competition in the market place driving up the price of goods.  Also, while I admittedly don't know the capacity Russia has to produce food, it could create a shortage of food for the Russian people further driving up the prices.  This will make it harder for the lower income citizens to buy food, and because food is a necessity the middle and lower classes will have less money to spend on other goods and services.  So while it will be good for the Russian agricultural sector, there may be other serious economic issues created by the embargo."}
{"_id": "159602", "title": "", "text": "\"Did they just only ask \"\"how much money do you have in a savings account?\"\".  I followed the links to the gobankingrates.com site and it seems so.  I could have $2M in a taxable brokerage account with the cash portion in MM, $1M in IRA savings, own my home outright and have 0 in a savings account.  A savings account is stupid, btw.\""}
{"_id": "159621", "title": "", "text": "\"It's simple. At 100% match, it would take a \"\"long\"\" time for bad fees to negate the benefit. Longer than the average person stays with one company.  Even though $50/10 shares is crazy, if you wait till you have $500, it's 10%. Still crazy, but you are still getting 90% of the match. I'd avoid this, however, and just go with the closest thing they have to an S&P fund. Invest outside this account to save the right amount to fund your retirement. 2% total isn't enough, obviously.\""}
{"_id": "159628", "title": "", "text": "His proposed solution would probably centralize the web more than any advertising based model could. After mergers and acquisitions, we'd end up with One Platform To Rule Them All, managing fee-based transactions and making the Microsoft of the late 90s look like a startup.   Goodbye, net neutrality. Hello, fast lanes and metered content plans. Goodbye, niche content and dissenting voices. Hello, ads directing you to the most profitable content."}
{"_id": "159636", "title": "", "text": "\"Well first, this program wouldn't exclude people from privately funding their own education if they have the resources. But second, the investors wouldn't be investing in individuals but entire classes so it isn't whether or not an individual student is worth the investment but whether or not that academic program was worth an investment. If a basic physics degree from a particular university was typically attracting people that were going to school for \"\"knowledge and a deep understanding of the world\"\" then the investors would demand a larger fraction of the student's future income,  which, presumably, the students would be OK with since they weren't \"\"wanting an 'income'\"\".\""}
{"_id": "159652", "title": "", "text": "With out a doubt: commercial real estate.  Those that have significant amounts of money, and want to make lots more usually end up investing a chunk of their portfolio in commercial real estate.  Everyone finds a way to make money elsewhere, but there\u2019s no comparison to the incentives and returns in real estate when you have tens or hundreds of millions of $ at your disposal.  Have money, make money."}
{"_id": "159660", "title": "", "text": "Subsiding green and taxing pollutants seems to be the only way to mitigate climate change. Businesses are required by law to maximize profit, which means polluting if it makes you more money.  Or I guess the fundamental nature of businesses could change."}
{"_id": "159664", "title": "", "text": "I will be messaging you on [**2017-09-21 23:47:45 UTC**](http://www.wolframalpha.com/input/?i=2017-09-21 23:47:45 UTC To Local Time) to remind you of [**this link.**](https://www.reddit.com/r/finance/comments/6oqga3/a_mystery_trader_just_made_a_massive_bet_that_the/dkjog1s)  [**52 OTHERS CLICKED THIS LINK**](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[https://www.reddit.com/r/finance/comments/6oqga3/a_mystery_trader_just_made_a_massive_bet_that_the/dkjog1s]%0A%0ARemindMe!  2 months) to send a PM to also be reminded and to reduce spam.  ^(Parent commenter can ) [^(delete this message to hide from others.)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Delete Comment&amp;message=Delete! dkjog91)  _____  |[^(FAQs)](http://np.reddit.com/r/RemindMeBot/comments/24duzp/remindmebot_info/)|[^(Custom)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[LINK INSIDE SQUARE BRACKETS else default to FAQs]%0A%0ANOTE: Don't forget to add the time options after the command.%0A%0ARemindMe!)|[^(Your Reminders)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=List Of Reminders&amp;message=MyReminders!)|[^(Feedback)](http://np.reddit.com/message/compose/?to=RemindMeBotWrangler&amp;subject=Feedback)|[^(Code)](https://github.com/SIlver--/remindmebot-reddit)|[^(Browser Extensions)](https://np.reddit.com/r/RemindMeBot/comments/4kldad/remindmebot_extensions/) |-|-|-|-|-|-|"}
{"_id": "159676", "title": "", "text": "Amazon Dash and this acquisition happening around the same time, the direction of travel seems pretty obvious.  Buy a business with existing supply chains with good producers, with existing grocery storage space all over and with a good existing reputation, and release a product to allow consumers to make near-instant orders whenever they want around the same time..."}
{"_id": "159682", "title": "", "text": "Did you plan on providing evidence or were you just arguing without any support for your claim?  Why does working 70 hours/wk make your chances improve.  I know plenty of people in finance who have no chance of 250k and work 70hr weeks."}
{"_id": "159686", "title": "", "text": "&gt;What do you think of the argument that corporations shouldn't pay any tax, since investors pay tax on the dividends, and if the corporations paid too, that would be double taxation?  Nobody that's actually serious makes this argument (at least not the way that you wrote it).  Some people argue that corporate taxes should be eliminated and that capital gains and dividends should be taxed the same as ordinary income."}
{"_id": "159703", "title": "", "text": "How you are taxed will depend on what kind of stock awards they are. The value will be determined by the company that issues it, and appropriate tax forms will be sent to you to include with your taxes. The way the value is determined is an accounting question that is off-topic here, but the value will be stated on your stock award paperwork. If you are awarded the stock directly then that value will be taxed as ordinary income. If you are awarded options, then you can purchase the stock to start the clock on long-term capital gains, but you will not incur any tax liability through the initial purchase.  If the company is sold privately and you have held the stock for over 1 year, then yes, it will be taxed as a long-term capital gain. If you receive/exercise the stock less than 1 year before such an acquisition, then it will be considered a short-term capital gain and will be taxed as ordinary income."}
{"_id": "159709", "title": "", "text": "\"ITR1 or ITR2 needs to be filed. Declare the income through freelancing in the section \"\"income from other sources\"\"\""}
{"_id": "159721", "title": "", "text": "I dunno. I don't see prop 65 moving *any* opinions, either yours or the people you complain about.  An aside, there is definitely factual research that says Roundup ready monocrops are worse than other styles of farming (depends on what metric you focus on). And Monsanto is one of the last sources of information I trust given their behavior as a corporation. It's actually pretty reasonable to be skeptical of Monsanto irrespective of fringe beliefs."}
{"_id": "159724", "title": "", "text": "There is a technique called the Elliott wave which explains these 'shocks'. The reversal directions you are questioning are part of the pattern, it is known as corrections. The Elliott wave is an indicator based on psychology of investors. Think about it this way, if you see a huge up trend what are you most likely to do, sell and make profit or continue, this is why there is a shock before it continues. Many people will sell to be safe, especially after hearing the bad news they won't risk it. By learning the Elliott wave you'll be able to make an educated decision on whether or not to stay or leave. Here are websites on the Elliott wave: http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:elliott_wave_theory http://www.swing-trade-stocks.com/elliott-wave.html The Elliott wave is helpful in any time frame and works well with momentum. Hope this helps."}
{"_id": "159725", "title": "", "text": "This all depends on your timeline and net worth.  If you're short on time before you plan to start spending it or have a large net worth, parking some of your money in CDs is a good idea. If you have lots of time or not much net worth, then index funds are a better bet. Equity or dividend index funds are the way to go when you have 10+ years before you reach your goal. CDs major downside is that they don't beat inflation 1 - 3% a year. This is why you only use them when it's absolutely critical you hold onto every penny of the principal. The reason is because with CDs your 10k is actually losing its value (not the principal) the longer you leave it in CDs. I generally wouldn't recommend CDs unless you are in or approaching your 60s or have assets over 500k. Even still I would limit the use of CDs to no more than 20%. I would view them as catastrophic loss protection."}
{"_id": "159726", "title": "", "text": "First, I don't claim to have all the answers, but can appreciate the dialogue and question you're posing.  As you stated, you love the overall advertising experience and, I'm assuming, sales generation from those experiences. Since, that is how you'll generate revenue.  Integrated marketing, to me, has always seemed like an especially narrow subject matter. I don't mean that it is simply or easy by any means, but rather you become a story teller in the advertising world and your story is to impact your target audience in a particular way. I'll use myself as an example: I am a former college athlete and currently work in sales/marketing/supply chain. I watch a lot of sports with my two sons and saw the recent Gatorade ad about in order to win, you have to lose. That ad has stuck in my head because I know that commitment from athletics to school to work. It's a brilliant concept that has me hooked. To me, that is what IMC is all about. A concept that was tailored to tell a story of success through failure and having athletes that repeat that story. A truly hand crafted product that now has me opt for a Gatorade when leaving the gym.   When I consider marketing, as a whole, I don't think of these types of tailored situations, but rather the whole puzzle. Marketing, and its counterpart analytics, create a solid shape for a business to thrive. Your personal sales lines and how your sales people are performing are a part of your marketing potential. Customer service to build relations and increase your net promoter scores. Technical applications to develop products that are in line with customer demand and, in turn, the supply chain foresight to deliver on said products. All of it is marketing.   Hope this helps."}
{"_id": "159727", "title": "", "text": "You need to track every buy and sell to track your gains, or more likely, losses. Yes, you report each and every transactions. Pages of schedule D."}
{"_id": "159741", "title": "", "text": "They don't track checks at all. If you make a cash transaction for an amount that exceeds the reporting limit (circa $10K), then a Currency Transaction Report will be filed with the US Department of the Treasury (not IRS, but close) about it. This is to detect and prevent money laundering."}
{"_id": "159758", "title": "", "text": "I was down in San Diego recently and talking with a friend while at dinner. I was complaining that the housing in my area had gone up and a starter 3/2 was getting into the ~415k range.  I guess houses in not even good parts of SD are in the 600k range minimum."}
{"_id": "159762", "title": "", "text": "\"When is the best time to pay? At the end of each year? If you save $1,000 each month at 1% so as to pay $12,000 at EOY on a 4.75% loan, you've lost \"\"4.75% - 1% = 3.75%\"\" over that year.  (And that's presuming you put the money in a \"\"high yield\"\" online savings account.) Thus, the best time to pay is as soon as you have the money. EDIT: This all assumes that you have an emergency fund (more than the bare minimum $1K), zero other debt with a higher rate than 4.75% and that you are getting the full company match from 401(k).\""}
{"_id": "159776", "title": "", "text": "I hadn't heard them called the four horsemen before hah (usually the big four or some variant of that), but I can confirm that not having time to spend what you make is a problem when working at one of them. Which is one of the big reasons I left after a few years, got better pay and far better working conditions. Wouldn't have been able to nab the job though, had I not worked there, so it is a bit of a catch-22."}
{"_id": "159783", "title": "", "text": "AIUI credit cards report three main things. The potential problem with your strategy is that by pre loading you never actually get a bill and so your provider may not report your payments. Better to wait until the bill comes and then pay it in full. That ensures that your use of the card is properly reported."}
{"_id": "159820", "title": "", "text": "\"This is a poor example really. It's not necessary to measure inequality from the position of a janitor. It's more illustrative to measure it from the educated middle class, who have also fallen sharply in household wealth relative to the 1%. This trend is more surprising and disturbing as it runs counter to the great 20th century trend of a rising middle class.  If you want to understand inequality just look at the rate of investment and the relative rate of return achieved by the 1%  Not only is the wealth of the 1% increasing, it is increasing at a faster rate.   Needless to say that difference compounds over time.  Until we have an extended period of the wealthy losing money at a faster rate than the less wealthy, inequality will rise. And also needless to say, that scenario is forever and always unacceptable to the 1%  It's easy to talk about solutions to inequality right up until someone asks \"\"How are we going to make the wealthy less wealthy in a relative sense?\"\"  At which point you realize there are no serious efforts being made against inequality.\""}
{"_id": "159822", "title": "", "text": "\"ETFs are well suited to day trading, but you should be mindful of the bid-ask spread. See article: Commission-free ETFs are a great way to save money, but watch the bid-ask spread too. Bid-ask spread is largely a function of liquidity, or the volume of   buyers and sellers for an asset during a particular moment in time.   ... It may be more difficult to trade certain assets that are less   liquid, where bid-ask spreads can be higher. Think some penny stocks. If you have the choice, compare the spreads of the ETF and the target stock. Longer-term \"\"keep & hold\"\" trading on ETFs tracking futures can be somewhat disadvantageous.  Futures contracts roll-over every month.  Exchange traders have to sell and buy in on the next contract.  ETFs don't reflect the price differential between the futures contract. See here for more detail on that: Positioning For An Oil ETF Rebound? Watch For Contango Contango occurs when the price on a futures contract is higher than   the expected future spot price, which creates the upward sloping curve   on future commodity prices over time. Essentially, the phenomenon   reflects a current spot price that is lower than the futures price.   ... While this phenomena is a normal occurrence in the futures market,   contango can have a negative effect on ETFs.\""}
{"_id": "159828", "title": "", "text": "\"From my understanding, a CDS is a financial product to buy protection against an event of \"\"default\"\" (default of payment). Example: if General Motors owes me money $10,000,000 (because I own GM bonds for example) and I wish to protect myself against the event of GM not repaying the money they owe me (event called \"\"credit default\"\"), I pay FinancialCompany_X (the seller of the CDS) perhaps $250,000 per year against the promise that FinancialCompany_X will pay me in case GM is not paying me. This way I protected myself against that risk. FinancialCompany_X took the risk (against money). A CDS is in fact an insurance. Except they don't call it an insurance which enabled the financial industry to avoid the regulation that applies to insurances. There is a lot of infos here: http://en.wikipedia.org/wiki/Credit_default_swap\""}
{"_id": "159836", "title": "", "text": "\"This makes sense  If a common item is in stock at a local retailer, I will buy it  If it is out of stock, or uncommon..I always buy online  I find it funny when the dude behind the counter says..\"\"we don't have it, but I can order it for you\"\"  I say \"\"I can order it myself\"\"\""}
{"_id": "159837", "title": "", "text": "Essentially, this article points to having the Fed, ie taxpayers run a bank. First, it's not what the PO is and is chartered to do. All the pols have screwed the pooch by laying on rules and benefit mandates to make the USPS almost unworkable. The Feds are incapable of pulling this off. Now if the Service acts like a front/kiosk for pay for a bank without putting tax dollars in risk, that's an idea."}
{"_id": "159840", "title": "", "text": "In addition to the answer from CQM, let me answer your 'am I missing anything?' question. Then I'll talk about how your approach of simplifying this is making it both harder and easier for you. Last I'll show what my model for this would look like, but if you aren't capable of stacking this up yourself, then you REALLY shouldn't be borrowing 10,000 to try to make money on the margin. Am I missing anything? YES. You're forgetting (1) taxes, specifically income tax, and (2) sales commissions//transaction fees.  On the first: You have not considered anything in your financial model for taxes. You should include at least 25% of your expected returns going to taxes, because anything that you buy... and then sell within 12 months... is taxed as income. Not capital gains. On the second: you will incur sales commissions and/or transaction fees depending on the brokerage you are using for your plan. These tend to vary widely, but I would expect to spend at least $25 per sale. So if I were building out this model I would think that your break-even would have to at least cover: monthly interest + monthly principal payment income tax when sold commissions and broker's fees every time you sell holdings On over-simplifying: You have the right idea with thinking about both interest and principal in trying to sketch this out. But as I mentioned above, you're making this both harder and easier for yourself. You are making it harder because you are doing the math wrong. The actual payment for this loan (assuming it is a normal loan) can be found most easily with the PMT function in Excel: =PMT(rate,NPER,PV,FV)... =PMT(.003, 24, -10000, 0). That returns a monthly payment  (of principal + interest) of 432.47.  So you actually are over-calculating the payment by $14/month with your ballpark approach. However, you didn't actually have all the factors in the model to begin with, so that doesn't matter much.  You are making it artificially easier because you have not thought about the impact of repaying principal. What I mean is this--in your question you indicate:  I'm guessing the necessary profit is just the total interest on this loan = 0.30%($10000)(24) = $720 USD ? So I'll break even on this loan - if and only if - I make $720 from stocks over 24 months (so the rate of return is 720/(10000 + 720) = 6.716%). This sounds great-- all you need is a 6.716% total return across two years. But, assuming this is a normal loan and not an 'interest-only' loan, you have to get rid of your capital a little bit at a time to pay back the loan. In essence, you will pay back 1/3 of your principal the first year... and then you have to keep making the same Fixed interest + principal payments out of a smaller base of capital.  So for the first few months you can cover the interest easily, but by the end you have to be making phenomenal returns to cover it.  Here is how I would build a model for it (I actually did... and your breakeven is about 1.019% per month. At that outstanding 12.228% annual return you would be earning a whopping $4.) At least as far as the variables are concerned, you need to be considering: Your current capital balance (because month 1 you may have $10,000 but month 2 you have just 9,619 after paying back some principal).  Your rate of return (if you do this in Excel you can play with it some, but you should save the time and just invest somewhere else.) Your actual return that month (rate of return * existing capital balance).  Loan payment = 432 for the parameters you gave earlier.  Income tax = (Actual Return) * (.25). With this kind of loan, you're not actually making enough to preserve the 10,000 capital and you're selling everything you've gained each month.  Commission = ($25 per month) ... assuming that covers your trade fees and broker commissions. I guarantee you that this is not the deal breaker in the model, so don't get excited if you think I'm over-estimating this and you realize that Scottrade or somewhere will let you have trades at $7.95 each.   Monthly ending balance == next month's starting capital balance.  Stack it all up in Excel for 24 months and see for yourself if you like. The key thing you left out is that you're repaying each month out of capital that you'd like to use to invest with. This makes you need much higher returns.  Even if your initial description wasn't clear and this is an interest-only loan, you're still looking at a rate of about 7.6% annually that you need to hit in order to just break even on the costs of holding the loan and transferring your gains into cash."}
{"_id": "159844", "title": "", "text": "A bank is unlikely to provide a 'command line' interface because typical users consider a graphical interface easier to use than a command line interface. The extra effort in providing a command line interface for the remaining handful of people isn't worth it. It's the same reason that everything else in the world has a point and click interface. Command line-like features, such as easy repetition and keystroke shortcuts are also unlikely to implemented for the same reasons. They are hard to implement in a web interface, and most people aren't interested in them. Most people have only a few accounts and don't need to download multiple files on a frequent basis. They do typically provide link shortcuts to commonly used features. However all online banking works by implementing the HTTP protocol in some way. You should be able to deduce the HTTP transactions necessary to get the information you want, and implement your own 'command-line'style' interface, or any other interface you want. That won't be easy, especially since you will almost certainly have to implement the security protocols too, but it should be possible."}
{"_id": "159880", "title": "", "text": "\"The refund may offset your liability for the next year, especially if you are a Schedule \"\"C\"\" filer.  By having your refund applied to the coming year's taxes you are building a 'protection' against a potentially high liability if you were planning to sell a building that was a commercial building and would have Capital Gains. Or you sold stock at a profit that would also put you in the Capital Gain area.  You won a large sum in a lottery, the refund could cushion a bit of the tax. In short, if you think you will have a tax liability in the current year then on the tax return you are filing for the year that just past, it may be to your benefit to apply the refund.  If you owe money  from a prior year, the refund will not be sent to you so you will not be able to roll it forward.    One specific example is you did qualify in the prior year for the ACA.  If in the year you are currently in- before you file your taxes-- you realize that you will have to pay at the end of the current year, then assigning your refund will pay part or all of the liability. Keep in mind that the 'tax' imposed due to ACA is only collected from your refunds.  If you keep having a liability to pay  or have no refunds due to you, the liability is not collected from you.\""}
{"_id": "159896", "title": "", "text": "\"They're not all \"\"bad at math borrowers\"\". How would you like it if you applied for a mortgage, very carefully reviewed all the paperwork, and then the mortgage broker simply transposes your signature to another set of documents with different rates?  People got screwed because the companies often screwed them. For every person with zero income who got a home, who's no worse off now than before, there's dozens who got refinanced and later thrown out on the street when their rates magically reset.\""}
{"_id": "159901", "title": "", "text": "Content is considered as the king of the digital marketing strategies, as content can attract a lot of people with the help of best local seo in Dubai and can make them stay on the website for a long time. Just like communication can help you in terms of digital marketing agency uae, content helps you grasp many people in the digital marketing world. To be a king of this world, you need to be updated on the current trends and SEO daddy loves the updates on digital marketing."}
{"_id": "159911", "title": "", "text": "From what you have typed Up, this is very impressive I would not be surprised if you could squeeze another 50,000-100,000 out of this car. Honda has a good reputation for making reliable cars. Also from your post you mentioned that your are not too car savvy. Dealership repair are usually unnecessary after the car is off warranty reason being that most if not all repairs will be 2-3x more than a good reputable local shop. Also many aftermarket parts are just As good if not better than dealership car parts and not to mention that with Hondas the options are Endless...parts are easy to come by. Buying a new car has some benefits but usually it ends up being more expensive to go new vs maintaining an older car. At this point in time, you can save the most money by finding a local reputable shop to do your repairs, there is no point in going with the dealer, also if you are using regular motor oil ( not synthetic) you don't need to change it every 3,000 miles like the dealer says, oil technology has improved so much that you can go 5,000 miles with no problem, just make sure your oil level it topped off. I will say this though anything electrical that is an issue is a good reason to get rid of the car."}
{"_id": "159921", "title": "", "text": "Poster forgot to mention his age (range). If you're aged 50 or more, you are allowed a catch-up of $6000 in addition to the $18000 max deferral amount to your 401k (2015-2017) IRS Retirement Topics - Catch-Up Contributions"}
{"_id": "159932", "title": "", "text": "Banks will be the ones running the service, just like JPMorgan runs the EBT system. http://www.thedailybeast.com/articles/2012/10/01/jp-morgan-s-food-stamp-empire.html  Same with subprime mortgages - they say we need these programs to help the little people but it was really just to let banks issue moar debt knowing the gov would backstop them. And those people lost their fake home equity anyway.  You have to wonder at what point people will realize [we don't need banks](/r/Bitcoin ) any more than we need snail-mail today. This proposal is the merger of two dead and incredibly wasteful industries, both propped up by .gov."}
{"_id": "159936", "title": "", "text": "\"The statistic you cited comes from the Federal Reserve Board's Survey of Consumer Finances, a survey that they do every three years, most recently in 2013.  This was reported in the September 2014 issue of the Federal Reserve Bulletin.  They list the percentage of Americans with any type of debt as 74.5 in 2013, down slightly from 74.9 in 2010. The Bulletin also has a table with a breakdown of the types of debt that people have, and primary residence mortgages are at the top of the list.  So the answer is yes, the 75% statistic includes Americans with home mortgages.* The bigger question is, are you really \"\"in debt\"\" if you have a home mortgage?  The answer to that is also yes.  When you take out a mortgage, you really do own the house.  You decide who lives there, you decide what changes you are going to make to it, and you are responsible for the upkeep.  But the mortgage debt you have is secured by the house.  This means that if you refuse to pay, the bank is allowed to take possession of the house.  They don't even get the \"\"whole\"\" house, though; they will sell it to recoup their losses, and give you back whatever equity you had in the house after the loan is satisfied. Is it good debt?  Many people think that if you are borrowing money to purchase an appreciating asset, the debt is acceptable.  With this definition, a car loan is bad, credit card debt is very bad, and a home mortgage might be okay.  Even Dave Ramsey, radio host and champion of the debt-free lifestyle, is not opposed to home mortgages.  Home mortgages allow people to purchase a home that they would otherwise be unable to afford. * Interestingly, according to the bulletin appendix, credit card balances were only included as debt for the survey purposes if there was a balance after the most recent bill was paid, not including purchases made after the bill.  So people that do not carry a balance on their credit card were not considered \"\"in debt\"\" in this statistic.\""}
{"_id": "159949", "title": "", "text": "If you are allowed to do that then you have a lot of options. Mainly, look at competitor offers and think about consumer utility.   Papa John's is a bit different though because i see them as catering to middle class when really I think those people have dropped their consumption of papa John's sort of goods so really, papa John's should be targeting the same demographic as pizza hut/dominoes.   However, if they do compete in that sphere it is an open announcement of where they stand and I think papa John's thinks too highly of themselves in that regard.   Imo, offer something similar to Costco take out pizza 9.99 for a x-large supreme and that should do a bit. However, lower amount of toppings, but same variety etc. That's pretty much what dominoes did with their large 3 topping carry out. They just lowered the amount of toppings volume wise."}
{"_id": "159952", "title": "", "text": "\"As others have stated, CEO's often make more than 200K, and when they do, they're compensated with stock options and other lucrative bonuses and deals that allow them to build wealth above and beyond the face value of their salary. However, remember that having wealth makes it easier to build further wealth. As Victor pointed out, having wealth allows you to increase your wealth in different kinds of investments. Also, it gives you access to more human capital, e.g. wealth management services at firms like Northern Trust, a greater ability to diversify into investments like hedge funds, more abilities to invest abroad through foreign trusts, etc. Also, you have to realize that wealthier people often pay a lower percentage in taxes than people who earn a salary. In the US, long-term capital gains are taxed at a much lower rate than income, so wealthy individuals who earn much of their money from long-term investments won't pay nearly as high a rate. In my case, my current salary places me at the top of the 25% tax bracket (in the US), but if I earned all of my income through long-term capital gains instead of salary, I would only pay around 15-20% in taxes. Plus, I could afford numerous tax accounting firms to help me find ways to pay fewer taxes. It's not altruism that causes CEOs like Steve Jobs and Mark Zuckerberg to take a $1 salary.  This isn't directly related to CEOs, and I'm not leveling accusations of corruption against high net worth individuals, but I remember spending a few months in a small town in a country known for its corruption. The mayor had recently purchased a home worth the equivalent of several million dollars, on his annual civil servant salary of approximately $20K. One of the students asked him how he managed to afford such a sizable property, and he replied \"\"I live very frugally.\"\" This is probably a relatively rare case (I'm sure it depends on the country), but nevertheless, it illustrates another way that some people build wealth.\""}
{"_id": "159966", "title": "", "text": "Yes, past option prices are available for many options, but as far as I know not for free.  You can get them from, for example, OptionMetrics.  Probably there are other providers as well, which may be cheaper for an individual or small institution. OptionMetrics data comes from the National Best Bid and Offer.  Probably there are some over-the-counter options that are not included here, but for someone asking this question, OptionMetrics will most likely have the option you are interested in."}
{"_id": "159983", "title": "", "text": "I am assuming you are asking for Tax purposes. In Oregon, there is a distinction between Full-Year and Partial-Year residency for Tax purposes. You are most likely considered a Partial-Year resident since you moved into the state last year. However, there are also special conditions under which you might be considered a Full-Year resident, so check out the state's tax residency rules here"}
{"_id": "159987", "title": "", "text": "\"Absolutely hilarious, why would a times editor approve releasing such a ridiculous article?    I'm not going to bother to write out an argument.  I do want to note I just find it hilarious a company like Google that's been publicly acknowledging their lackings in diversity and set strategies &amp; initiatives to address it, while honestly admitting their progress, is getting skewered by the hot-take fanatics.    ..while you look at the industry, and it's so much worse.  Microsoft, AWS, IBM, Oracle, etc. have the same problems, most of them worse  (though not 100%, so please correct me).  I saw an actual Microsoft recruiter, not a contractor, post on LinkedIn, \"\"hey ladies, google just released a memo that they don't respect women. come work at microsoft\"\"    ...That's when I realized for a lot of people this has become about other things....\""}
{"_id": "159995", "title": "", "text": "Most likely this is connected with new banking regulations related to the Patriot Act, which require banks to be much more inquisitive about their customers and their money. The requirements are mostly about new accounts, but there may be some provisions to backfill this information for existing accounts."}
{"_id": "160011", "title": "", "text": "\"While I certainly agree with the principle of paying down debt, there is some value in having a healthy cash cushion.  If an emergency expense were to come up, and your credit has been cut-off or reduced to the point where you have no excess credit, then having real cash on hand is critical. I would perform the following thought-experiment:  What if my available credit had been cut off?  How much would I need in cash to survive for 1 month, 3 months, 5 months, etc.?  Consider what time period you'd be comfortable with, and set that amount as your minimum desired cash on hand. While it may seem extreme to not have access to credit at all, during the credit crisis many banks and lenders \"\"tightened\"\" their lending: reducing credit limits, closing lines of credit, calling loans, raising rates, etc. Suze Orman recommends cash savings equivalent to 8 months living expenses. That doesn't mean 8 months salary, but 8 months of what it would take to live on.  At one point, in the midst of the economic crisis, I thought that made sense. The Simple Dollar blog considers Suze's recommendation and the idea of emergency fund vs. debt repayment.  Worth reading: Is Suze Right? Do Emergency Funds Now Trump Debt Repayment?.\""}
{"_id": "160028", "title": "", "text": "\"Ditto to MD-Tech, but from a more \"\"philosophical\"\" point of view: When you buy stock, you own it, just like you own a cell phone or a toaster or a pair of socks that you bought. The difference is that a share of stock means that you own a piece of a corporation. You can't physically take possession of it and put it in your garage, because if all the stock-holders did that, then all the company's assets would be scattered around all the stock-holder's garages and the company couldn't function. Like if you bought a 1/11 share in a football team, you couldn't take one of the football players home and keep him in your closet, because then the team wouldn't be able to function. (I might want to take one of the cheerleaders home, but that's another subject ...) In pre-electronic times, you could get a piece of paper that said, \"\"XYZ Corporation - 1 share\"\". You could take physical possession of this piece of paper and put it in your filing cabinet. I'm not sure if you can even get such certificates any more; I haven't seen one in decades. These days it's just recorded electronically. That doesn't mean that you don't own it. It just means that someone else is keeping the records for you. It's like leaving your car in a parking lot. It's still your car. The people who run the parking lot doesn't own it. They are keeping it for you, but just because they have physical possession doesn't make it theirs.\""}
{"_id": "160029", "title": "", "text": "\"https://en.wikipedia.org/wiki/Irrational_exuberance  &gt; Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?  &gt; \u2014\u2009\"\"The Challenge of Central Banking in a Democratic Society\"\", 1996-12-05\""}
{"_id": "160030", "title": "", "text": "I would recommend that go through some forums where commodities topics be discussed so that if you have some issues related any point in commodities investment you will easily get your question sort out."}
{"_id": "160047", "title": "", "text": "\"Don't worry!  Every country is a housecat compared to us.  We also have a lot more excuses where that came from, to make sure we NEVER change.  We'll run ourselves into the ground before we let anyone try to \"\"fix\"\" us!\""}
{"_id": "160050", "title": "", "text": "It doesn't change anything whatsoever about the underlying company.  I had a discussion like this during a case study in my Financial Statement Analysis class. It was a discussion about revenue recognition from the sales of iPhones, and whether it would be better for Apple if the regulation was changed to allow immediate recognition rather than deferring the income.  My argument is that it didn't matter one bit, because nothing is changing about how the company is actually run. Cash flow in and out of the company doesn't change. Maybe the accountants will have to work slightly shorter hours or something, but that's negligible.   The Accounting majors largely disagreed with me, while the Finance majors largely agreed."}
{"_id": "160071", "title": "", "text": "What does this have to do with capitalism?   To me, this seems like the obvious move when the corporate tax rate is much lower in other countries.  Politicians can only steal from you for so long before you start realizing you have other options.  Maybe nike doesn't want to fund neverending war in the middle east?  I know I don't. Yet my money is taken from me every year to fund it."}
{"_id": "160087", "title": "", "text": "Selling a home by yourself, without an expensive real estate broker, is easier than most people think, but it will take some work on your part. You will be doing a lot of things that a real estate agent might normally do."}
{"_id": "160101", "title": "", "text": "Its also because most people aren't affected or even made aware.    &gt;Companies don't give a shit because it doesn't cost them customers.  Even tho it does and has.  Comcast is fighting tooth and nail now to keep customers and try and gain some because enough people are fed up with them, but there loads of people have been directly affected by their service.  Here isn't the case."}
{"_id": "160105", "title": "", "text": "\"I was going to ask, \"\"Do you feel lucky, punk?\"\" but then it occurred to me that the film this quote came from, Dirty Harry, starring Clint Eastwood, is 43 years old.  And yet, the question remains. The stock market, as measured by the S&P has returned 9.67%  compounded over the last 100 years. But with a standard deviation just under 20%, there are years when you'll do better and years you'll lose. And I'd not ignore the last decade which was pretty bad, a loss for the decade.  There are clearly two schools of thought. One says that no one ever lost sleep over not having a mortgage payment. The other school states that at the very beginning, you have a long investing horizon, and the chances are very good that the 30 years to come will bring a return north of 6%. The two decades prior to the last were so good that these past 30 years were still pretty good, 11.39% compounded.  There is no right or wrong here. My gut says fund your retirement accounts to the maximum. Build your emergency fund. You see, if you pay down your mortgage, but lose your job, you'll still need to make those payments. Once you build your security, think of the mortgage as the cash side of your investing, i.e. focus less on the relatively low rate of return (4.3%) and more on the eventual result, once paid, your cash flow goes up nicely.   Edit - in light of the extra information you provided, your profile reads that you have a high risk tolerance. Low overhead, no dependents, and secure employment combine to lead me to this conclusion. At 23, I'd not be investing at 4.3%. I'd learn how to invest in a way I was comfortable with, and take it from there.  Disclosure (Updated) - I am older, and am semi-retired. I still have some time left on the mortgage, but it doesn't bother me, not at 3.5%. I also have a 16 year old to put through college but her college account i fully funded.\""}
{"_id": "160106", "title": "", "text": "Nobody is envisioning a society that has fundamental changes built into it to accomodate people who have smartphones built into their brains and robot arms. It will just happen as needed and desired, at which point you and all the other worrywarts can fuckin' deal with it."}
{"_id": "160108", "title": "", "text": "&gt;economic and social plans that are created and supported by people that come from urban backgrounds Do. Not. Work  neither do regressive, outdated, religion based plans but yet you all keep voting for it.    &gt; and if I'm right farming isn't a dying industry  small farms are in fact dying and being swallowed up by big agri business, not saying I agree with this but it's happening and again you all keep voting in people that support big business take overs and sweep the man on the ground aside with last week's news all because these politicians have an R by their name."}
{"_id": "160110", "title": "", "text": "Yes, by paying double the amount each month you would have in effect paid the loan off in less than half the time. For $13000 at 3% over 60 months your monthly repayments would be $233.59. If you double your monthly repayments to $467.18 you would end up paying the loan off by the end of the 29th months, more than halving your loan term, as long as there are no penalties for paying the loan off early."}
{"_id": "160125", "title": "", "text": "The true answer is it depends because  it is up to the credit card issuer to follow the right path when issuing a replacement credit card. http://www.bankrate.com/finance/credit-cards/will-replacement-card-hurt-my-score.aspx Typically, issuers will transfer the account history to the new trade line, says Barry Paperno, the consumer operations manager at FICO, the creator of the FICO scoring formula. The new account should have the old open date, so you should retain your payment history, he says. The credit limit and balance should also stay the same. http://blog.credit.com/2014/02/lost-or-stolen-credit-card-hurt-your-credit-scores-76724/ How Issuers Report Replacement Cards We asked the major card issuers how they report replacement cards to credit reporting agencies: American Express: The new card has the same open date and \u201cMember Since\u201d year as the previous card. The balance on the old account number is transferred to the new account number. All payment history transfers over. Bank of America: All transactions and account history are transferred to the new account number when there is a card replacement or renewal. Capital One: The new account number with all the original account data (original open date, etc.) is reported along with a notification to the bureaus that the new account number is replacing the old.  The two tradelines can then be \u2018merged\u2019 into one, so that all the applicable payment history, balance, etc. is now under the new account number. Chase: The original tradeline does not change. The history on the account remains, just the account number field is updated with the new account number. There is no \u201cnew\u201d tradeline in this scenario."}
{"_id": "160132", "title": "", "text": "Are you currently trapped under the type of attractiveness to a lender,? Take action to improve your current conditions. One of the ways that you could re-establish your credit rating would be to advantageous all of your obligations quickly. The very best on the internet poor credit financial loans businesses are frequently certified through the condition."}
{"_id": "160140", "title": "", "text": "\"A growth fund is looking to invest in stocks that will appreciate in stock price over time as the companies grow revenues and market share. A dividend fund is looking to invest in stocks of companies that pay dividends per share.  These may also be called \"\"income\"\" funds. In general, growth stocks tend to be younger companies and tend to have a higher volatility - larger up and down swings in stock price as compared to more established companies.  So, growth stocks are a little riskier than stocks of more established/stable companies. Stocks that pay dividends are usually more established companies with a good revenue stream and well established market share who don't expect to grow the company by leaps and bounds.  Having a stable balance sheet over several years and paying dividends to shareholders tends to stabilize the stock price - lower volatility, less speculation, smaller swings in stock price.  So, income stocks are considered lower risk than growth stocks.   Funds that invest in dividend stocks are looking for steady reliable returns - not necessarily the highest possible return. They will favor lower, more reliable returns in order to avoid the drama of high volatility and possible loss of capital. Funds that invest in growth stocks are looking for higher returns, but with that comes a greater risk of losing value.  If the fund manager believes an industry sector is on a growth path, the fund may invest in several small promising companies in the hopes that one or two of them will do very well and make up for lackluster performance by the rest. As with all stock investments, there are no guarantees.  Investing in funds instead of individual stocks allows you invest in multiple companies to ride the average - avoid large losses if a single company takes a sudden downturn.  Dividend funds can lose value if the market in general or the industry sector that the fund focuses on takes a downturn.\""}
{"_id": "160152", "title": "", "text": "Most of them use TA or hopeful rumours to bet on. If you wanted to get into crypto from a solid fundamental base, it's probably too late. Most of the cryptocoins' returns (if any) don't match up to their valuation and pretty much all of them are in some form of beta. People are smelling the possible revolution that the underlying blockchain technology may bring to our current systems but are misplacing blockchain tech with the cryptocoins themselves.  For correlation it's not very sophisticated but think of each cryptocoin as a company and you can draw lots of parallels. You can evaluate their returns (from their whitepaper), underlying technology, potential market share, their team, market sentiment, USP, comparison with other similar cryptocoins (also look at bubble markets in other technological revolutions), industry threats/potential.  It's not impossible to make money, if the dotcom bubble is anything to go by there is clear precedent for survivors to thrive, it's more of a question of do you understand how everything works well enough to predict the survivors, if there even are going to be any?"}
{"_id": "160166", "title": "", "text": "There was a book written by Harry Dent in the early 90's that talked about the approaching demographic problem. The simple version of his theory is that people spend the most money between 45-49, after which people begin to become a drain on the economy as they utilize government benefits and begin draining retirement plans.   Boomers are moving out of this range and there is no group substantially large enough to follow them, according to him, until the mid 2020s when the Echo Boomers come through.   While he had some things way off and, u fortunately, seems to be overcompensating as of late and only hawking his newsletters, he had some great points in his first book.   To me, you can't fudge those numbers and what he said makes a lot of sense. That seems to be very similar to this article."}
{"_id": "160169", "title": "", "text": "Yes, theoretically you can flip the shares you agreed to buy and make a profit, but you're banking on the market behaving in some very precise and potentially unlikely ways.  In practice it's very tricky for you to successfully navigate paying arbitrarily more for a stock than it's currently listed for, and selling it back again for enough to cover the difference.  Yes, the price could drop to $28, but it could just as easily drop to $27.73 (or further) and now you're hurting, before even taking into account the potentially hefty commissions involved. Another way to think about it is to recognize that an option transaction is a bet; the buyer is betting a small amount of money that a stock will move in the direction they expect, the seller is betting a large amount of money that the same stock will not.  One of you has to lose.  And unless you've some reason to be solidly confident in your predictive powers the loser, long term, is quite likely to be you. Now that said, it is possible (particularly when selling puts) to create win-win scenarios for yourself, where you're betting one direction, but you'd be perfectly happy with the alternative(s).   Here's an example.  Suppose, unrelated to the option chain, you've come to the conclusion that you'd be happy paying $28 for BBY.  It's currently (June 2011) at ~$31, so you can't buy it on the open market for a price you'd be happy with.  But you could sell a $28 put, promising to buy it at that price should someone want to sell it (presumably, because the price is now below $28). Either the put expires worthless and you pocket a few bucks and you're basically no worse off because the stock is still overpriced by your estimates, or the option is executed, and you receive 100 shares of BBY at a price you previously decided you were willing to pay.  Even if the list price is now lower, long term you expect the stock to be worth more than $28.  Conceptually, this makes selling a put very similar to being paid to place a limit order to buy the stock itself. Of course, you could be wrong in your estimate (too low, and you now have a position that might not become profitable; too high, and you never get in and instead just watch the stock gain in value), but that is not unique to options - if you're bad at estimating value (which is not to be confused with predicting price movement) you're doomed just about whatever you do."}
{"_id": "160170", "title": "", "text": "What explains the most of the future returns of a portfolio is the allocation between asset classes. In the long term, stock investments are almost certain to return more than any other kinds of investments. For 40+ years, I would choose a portfolio of 100% stocks. How to construct the portfolio, then? Diversification is the key. You should diversify in time (don't put a large sum of money into your stock portfolio immediately; if you have a large sum to invest, spread it around several years). You should diversify based on company size (invest in both large and small companies). You should also diversify internationally (don't invest in just US companies). If you prefer to pick individual stocks, 20 very carefully selected stocks may provide enough diversification if you keep diversification in mind during stock picking. However, careful stock picking cannot be expected to yield excess returns, and if you pick stocks manually, you need to rebalance your portfolio occasionally. Thus, if you're lazy, I would recommend a mutual fund, or many mutual funds if you have difficulty finding a low-cost one that is internationally diversified. The most important consideration is the cost. You cannot expect careful fund selection to yield excess returns before expenses. However, the expenses are certain costs, so prefer low-cost funds. Almost always this means picking index funds. Avoid funds that have a small number of stocks, because they typically invest only in the largest companies, which means you fail to get diversification in company size. So, instead of Euro STOXX 50, select STOXX 600 when investing to the European market. ETFs may have lower costs than traditional mutual funds, so keep ETFs in mind when selecting the mutual funds in which to invest. For international diversification, do not forget emerging markets. It is not excessive to invest e.g. 20% to emerging markets. Emerging markets have a higher risk but they also have a higher return. A portfolio that does not include emerging markets is not in my opinion well diversified. When getting close to retirement age, I would consider increasing the percentage of bonds in the portfolio. This should be done primarily by putting additional money to bonds instead of selling existing investments to avoid additional taxes (not sure if this applies to other taxation systems than the Finnish one). Bond investments are best made though low-cost mutual funds as well. Keep bond investments in your local currency and risk-free assets (i.e. select US government bonds). Whatever you do, remember that historical return is no guarantee of future return. Actually, the opposite may be true: there is a mean reversion law. If a particular investment has returned well in the past, it often means its price has gone up, making it more likely that the price goes down in the future. So don't select a fund based on its historical return; instead, select a fund based on low costs. However, I'm 99% certain that over a period of 40 years, stocks will return better than other investments. In addition to fund costs, taxes are the other certain thing that will be deducted from your returns. Research what options you have to reduce the taxes you need to pay. 401-K was explained in another answer; this may be a good option. Some things recommended in other answers that I would avoid:"}
{"_id": "160173", "title": "", "text": "That doesn't bother me. I was raised in a military family and enlisted when I was younger, but separated due to a medical issue that came up less than 6 months in. I regret taking the separation instead of just waiting and trying to stay in, but it's resolved now and enough time has passed that I can enlist now.   Anyway, it's something I want to do, just need to keep losing weight and learn to run faster first. I'd be doing the type of work I want to (enlisting as an officer in the field I'm studying) and, chances are, I'd end up stationed fairly close to home or family. I was told that I probably would end up deployed at least once if I did the minimum enlistment period, but that's not really a problem for me, either. Many of my friends have done overseas deployments, and I've talked to a few people in the specific MOS (jobs) I'm considering, and it seems tolerable."}
{"_id": "160174", "title": "", "text": "Popular kids probably care more about status and material things than nerds. Consequently, they're motivated to work hard to achieve those things, ask for raises, etc.  As a nerd, I can't say I'm very motivated by money once my basic needs are met. I'd rather work with people I find interesting or pleasant, doing things I find interesting. Certainly I wouldn't turn down lots of money if someone threw it at me, but I wouldn't do something I didn't like or work with people I found disagreeable for more compensation.  Just my opinion."}
{"_id": "160193", "title": "", "text": "\"It may be the case that some of your debts have a flat regular fee in addition to the interest, which will go away when the debt is completely paid. For example, my mortgage has an approximately $400/year \"\"package fee\"\" as well as its (quite low) interest. When I finish paying the mortgage, I won't have to pay that fee anymore, so it is theoretically possible that spending extra money on paying off my mortgage would be better than spending it on paying off some other debt. I think it's unlikely that it would actually ever be my optimal move in practice, but the point is, there may be an advantage, financial or otherwise, to getting rid of a particular debt, other than merely removing the burden of interest. Those are special situations, though, and in the majority of cases, starting with the highest interest loan will be the right move.\""}
{"_id": "160198", "title": "", "text": "+1 They are over priced to begin with - More specifically they are expensive to create exclusivity, which raises their value to people who value that kind of thing. Perhaps folks who buy those cars aren't buying them for value or quality or performance, but are buying them for the badge and the intangible factors.  I frequently hear about rich people who earned their millions driving around in cars Consumer Reports rank highly, so it isn't because they are so much better than a mid priced car. A car for $140,000 is either equipped for the A-Team or is a status symbol.  The status symbol notion is very expensive, but fades very quickly, hence the mighty depreciation."}
{"_id": "160208", "title": "", "text": "30% is actually pretty good.  So it sounds like the tax has worked somewhat.  Our amount currently stands at about 60% average.  During some of our recent flash crashes, it was determined that something like 90% of the trades were by quant-computers."}
{"_id": "160218", "title": "", "text": "\"If you have at least $25,000, Wells Fargo is the place to be, as you get 100 free trades per account. I have three investment accounts with them and get 100 free trades in each a year, though I only ever actually use 10-20. i can't vouch for their phone service as I've never needed it, but free is very hard to beat in the \"\"value for money\"\" department. Update: Apparently in some states the requirement is $50,000. However, they count 10% of your mortgage as well as all deposit and investment accounts toward that balance.\""}
{"_id": "160234", "title": "", "text": "In general, you can do whatever you'd like with the money. Many (perhaps most?) banks offer different ways to receive the money, with the two most popular options being direct payment to other debts, or direct deposit into your bank account. If you choose the latter you can do whatever you'd like with that money once you receive it. Even in the case when you have the bank make direct payments to other credit cards I'm guessing they will not care if it's someone else's name on the account, but that could be bank specific. Some tips:"}
{"_id": "160275", "title": "", "text": "It depends upon in how many currencies your business is denominated. If your business is solely dependent upon this one payer, it's best to start up a new set of books in USD.  All accounts should be translated from CAD from a date preceding the USD activity.  The CAD books should be closed, and all should be done with the new USD books. If your business will continue to use both USD & CAD, it's best to have two sets of books, one for USD and one for CAD.   Multi-currency books are a nightmare and should be avoided at all costs. Also, with the way you describe your situation, it appears as if you're also blending your household and business books.  This should also be avoided for best practices."}
{"_id": "160285", "title": "", "text": "I see three options, none of them ideal:"}
{"_id": "160301", "title": "", "text": "It's going to depend entirely on your tax situation, its complexity, and your willingness/interest in dealing with tax filings.  Personally I find that not only do I not enjoy dealing with figuring out my taxes, but I don't know even a fraction of the possible deductions available and all the clever ways to leverage them.  Plus the tax code is changing constantly and staying on top of that is not something I'm ever going to attempt. I am of the philosophy that it is my duty to pay only the absolute minimum tax legally required, and to utilize every possible exemption, deduction, credit, etc. that is available to me.  Plus my business activities are a bit on the non-traditional side so it requires some unorthodox thinking at times.  For me, a trained professional is the only way to go.  What it costs me, I way more than make up in savings on my tax bill.  I also go out of my way to never get a refund because if I get one, it just means I gave the government a free loan. The last time I computed my own taxes (used TurboTax if memory serves) was I think in the late 90s."}
{"_id": "160313", "title": "", "text": "First, the SSN isn't an issue. She will need to apply for an ITIN together with tax filing, in order to file taxes as Married Filing Jointly anyway. I think you (or both of you in the joint case) probably qualify for the Foreign Earned Income Exclusion, if you've been outside the US for almost the whole year, in which cases both of you should have all of your income excluded anyway, so I'm not sure why you're getting that one is better. As for Self-Employment Tax, I suspect that she doesn't have to pay it in either case, because there is a sentence in your linked page for Nonresident Spouse Treated as a Resident that says However, you may still be treated as a nonresident alien for the   purpose of withholding Social Security and Medicare tax. and since Self-Employment Tax is just Social Security and Medicare tax in another form, she shouldn't have to pay it if treated as resident, if she didn't have to pay it as nonresident. From the law, I believe Nonresident Spouse Treated as a Resident is described in IRC 6013(g), which says the person is treated as a resident for the purposes of chapters 1 and 24, but self-employment tax is from chapter 2, so I don't think self-employment tax is affected by this election."}
{"_id": "160340", "title": "", "text": "\"If all of the relocation expenses are paid by your employer to the moving companies, then you should not have any tax liability for those payments. Relocation expenses should be treated as normal business expenses by your employer. Note I emphasize \"\"should\"\" because it's possible that your employer \"\"could\"\" consider it income to you, but companies generally do not go out of their way to classify normal business expenses as income since it costs both them and you more money in taxes. As a side note, the reason your company is paying these expenses directly is probably to lessen the likelihood of these expenses being questioned in an audit (in comparison to if they cut you a reimbursement check which could get more scrutiny).\""}
{"_id": "160366", "title": "", "text": "Not so much on the relevant experience side but I have been learning as much as I can about the investment/financial world.   That's my thoughts. School counselor play a strong part in society, however, the earning potential is low as is the opportunity for career advancement.   The MBA-finance program at my university takes students from all undergrad backgrounds. I would need to take the GRE this month and applications are due at the end of the month.   I just wonder if trying to either go into finance without school or opting to enter the MBA program if I were accepted would be a good option.   Do you see an MBA-finance being marketable and having greater earning potential than a school counselor (which is about a 46k/year salary)?"}
{"_id": "160367", "title": "", "text": "RIM owned a market that suddenly became very crowded.  What they thought was a moat turned out to be a competitive disadvantage.  They were eaten alive by larger screen and app stores.  I've lost count of how many times I've taunted my friend over what my Droid can do that his BB can't."}
{"_id": "160372", "title": "", "text": "Merging?  If anything the opposite is happening.  Oil companies are moving in the opposite direction, separating their upstream (extraction) and downstream (refining) aspects.  ConoccoPhillips just did this and others will follow.  Refining isn't very profitable and involves lots of danger, red tape and headaches.    I look forward to the people who complained about the evils of mergers and vertical integration now complaining about how spinnoffs are the new evilest thing ever."}
{"_id": "160416", "title": "", "text": "\"I think this is possible under very special conditions.  The important part of the description here is probably retired and rich.  The answers so far apply to people with \"\"normal\"\" incomes - both in the sense of \"\"not rich\"\" and in the sense of \"\"earned income.\"\" If you sit at the top tax bracket and get most of your income through things like dividends, then you might be able to win multiple ways with the strategy described.  First you get the tax deduction on the mortgage interest, which everyone has properly noted is not by itself a winning game - You spend more than you save.   BUT... There are other factors, especially for the rich and those whose income is mostly passive: I'm not motivated enough on the hypothetical situation to come up with a detailed example, but I think it's possible that this could work out.  In any case, the current answers using \"\"normal sized\"\" incomes and middle tax brackets don't necessarily give the insight that you might hope if the tax payer really is unusually wealthy and retired.\""}
{"_id": "160421", "title": "", "text": "When I read that part of his post, it reminded me more of credit companies rather than banks. People default on credit all the time. I have no idea what the regulations are on the amount of credit that a company can issue, though.  And this is sort of part of what actually happened in the beginning of the economic crunch. A bunch of people began to trade for credit (debt) against what they thought the *future* value of their house or other real estate would be. After a while, people stopped being able to afford property at its future value, so they stopped buying it. When people then tried to sell their property for the future value that they had borrowed against, they couldn't, so they couldn't pay back their debt.  Because real estate had become a popular investment vehicle for the middle class, this was able to reach a kind of critical mass, and shortly afterward the effects rippled back into the credit market, which also had its own crunch -- a bunch of credit just disappeared overnight because so many people had assumed a level of debt that they could not actually fulfill their promises on once the future value of their home became completely imaginary."}
{"_id": "160430", "title": "", "text": "Westfair Tv is a privately held company in Fairfield, CT and is a Single Location business. Categorized under Retail TV and Radio Supplies and Parts. Our records show it was established in 1994 and incorporated in CT. Current estimates show this company has an annual revenue of 1117728 and employs a staff of approximately"}
{"_id": "160442", "title": "", "text": "Not sure. I know Tim Ferriss wrote a lot about automating business processes in his book Four-Hour work week. Which I've applied the ideology myself and always looking to automate or delegate a routine task that doesn't necessarily have to be done myself. What about you? Are you trying to automate?"}
{"_id": "160448", "title": "", "text": "\"I second what \"\"powercow\"\" and \"\"Osetic\"\" said.  I switched away from Wells Fargo to Patelco (Pacific Telephone Company, i'm in the bay area).  They are world's better.  My biggest issue with WF was the overdrafts, how much they charged, and the way in which they processed incoming transactions (which they are being sued in a class action for, btw).  I had my new account setup so it could never overdraft, it would just decline.  In my first month with Patelco, I ordered checks.  When that charge processed, it dipped my account into the negative due to it being an internal CU charge and their system not performing all the checks/balances first.  They called me about 24hrs after it happened to let me know:  * How sorry they were * That they would refund me the amount of the checks * That they added $10 on top of the refund to ensure I understood it was a mistake * If there was anything else they could do to make the situation right  And like others here, I have shorter lines, more helpful tellers, a more inviting atmosphere, oh and free coffee.  You gotta find a better CU, yo\""}
{"_id": "160454", "title": "", "text": "\"I think it's an argument for Keynesian economic policy, basically an abridged version of this paragraph from the Wikipedia article: Keynesian economists often argue that private sector decisions sometimes lead to inefficient macroeconomic outcomes which require active policy responses by the public sector, in particular, monetary policy actions by the central bank and fiscal policy actions by the government, in order to stabilize output over the business cycle. \"\"private sector decisions\"\" are bottom-up: millions of businesses and individuals make economic decisions and \"\"the economy\"\" is the sum of what they do. \"\"monetary policy actions by the central bank and fiscal policy actions by the government\"\" are top-down: central institutions implement measures that are intended to have a positive effect (such as reducing unemployment) on millions of individuals.\""}
{"_id": "160460", "title": "", "text": "This is good advice. Your GPA and awards signal that you're not an idiot. A huge piece of what they're looking for is how well you fit in with the company culture, how you think on your feet, and how well you communicate. A well crafted response in the form of a story that illustrates your positive traits does all of these things without the recruiter being forced to tease out the information they're looking for.  Also, be friendly to everyone you meet the second you're within a few blocks of the building. You should probably be doing that generally in life, but gossip, especially the negative kind and most especially about new hires, spreads like wildfire through the workplace. People love to talk, so only give them positive stuff to say."}
{"_id": "160464", "title": "", "text": "\"You have a large number of possible choices to make, and a lot of it does depend upon what interests you when you are older. The first thing to note is the difference between ISAs and pension-contribution schemes tax wise, which is of course the taxation point. When you contribute to your pensions scheme, it is done before taxation, which is why when you draw from your pension scheme you have to pay income tax. Conversely, your ISA is something you contribute to after you have already paid income tax - so besides the 10% tax on dividends if you hold any assets which may them, it is tax free when you draw on it regardless of how much you have accrued over the years.  Now, when it comes to the question \"\"what is the best way to save\"\", the answer is almost certainly going to be filling your pension to the point where you're going to retire just on the edge of the limit, and then putting the rest into ISAs. This way you will not be paying the higher rates of tax associated with breaking the lifetime limit, but also get maximum contributions into your various schemes. There is an exception to this of course, which is the return on investment. If you do not have access to a SIPP (Self Invested Personal Pension), you may be able to receive a far higher return on investment when using a Stocks & Shares ISA, in which case the fact that you have to pay taxes prior to funding it may not make a significant difference. The other issue you have, as others have mentioned is rent.  While now you may be enjoying London, it is in my opinion quite likely that will change when you get older, London has a very high-cost of living, even compared to the home counties, and many of its benefits are not relevant to someone who is retired. When you retire, it is quite possible that you will see it fit to take a large sum out of your various savings, and purchase a house, which means that regardless of how much you are drawing out you will be able to have somewhere to live. Renting is fine when you are working, but when you have a certain amount of (admittedly growing) funds that have to last you indefinitely, who knows if it will last you.\""}
{"_id": "160468", "title": "", "text": "&gt;Because we are the people who have come together to form a more perfect union.  You realize that isn't an actual argument for anything, right?  &gt;Also, if we have poor &amp; elderly suffering in the USA, the people with the high line condos and sports cars are not being taxed enough.  So the poor and elderly have zero responsibility for their own suffering, and the wealthy have all the responsibility to alleviate any suffering via higher taxes?  How does that make sense?"}
{"_id": "160474", "title": "", "text": "A couple things. First of all, most people's MAIN source of income is from their job, but they have others, such as bank interest, stock dividends, etc. So that income has to be reported with their wage income. The second thing is that most people have deductions NOT connected with their job. These deductions reduce income (and generate refunds). So it's in their interest to file."}
{"_id": "160488", "title": "", "text": "Chipotle oversaturated the market, saw it's quality plummet and is now grasping at straws to keep money coming in. They really need to scale back and get back to what made them popular in the first place. Queso probably isn't it."}
{"_id": "160503", "title": "", "text": "\"Who said I'm a workaholic? Since college I've cut down to 40 hours a week, plus another 12 volunteering with rescued dogs and horses, but that's just fun for me. I spend the rest of my time with my family. My entire argument is that *what success I  have had* is due primarily to my hard work. I never claimed to be a rich wall street banker or harvard law graduate. Those people I know who are more successful have worked harder than I have, including those who were presented with far less privilege growing up.      What's pathetic is that your sense of self worth is so low that you can't take responsibility for your own life and feel more comfortable ascribing the success of others to \"\"luck\"\" and random chance. Ask me where I'm at financially in ten years, I'm two years out of college now. I'm willing to bet my \"\"luck\"\" just keeps getting better and you're in the same place spinning your wheels.      My point in this conversation was perhaps to shock a few of you into seizing the reins of your own destiny. Hopefully my message got through to at least one person.\""}
{"_id": "160509", "title": "", "text": "&gt; you were referring to tax-deferred accounts and I was referring to Roths.  Okay, so you've admitted mistake \\#1.  We're making progress...  &gt; So paying the tax as regular income RATHER than LTCG tax is not a concern.  Ah!  You're an autist, we're getting somewhere here!  &gt; Well, those are the only alternatives to a tax-deferred account, so...  Which is the *only* thing either I or TFA mentioned.  But hey, we haven't thrown SPIAs into the mix yet, do you have a totally off-topic opinion on them you'd like to air?  &gt; No it doesn't.  I honestly have no snappy comeback to this one.  I *can*, however, give you some advice that you'll find useful throughout your adult life - When you make a mistake, the sooner you admit it, the better.  No one will think less of you for making a simple error; when you double-down for three+ rounds...  And I'm pretty comfortable *I'm* not the one doubling-down, merely calling, here."}
{"_id": "160530", "title": "", "text": "http://www.myretirementblog.com/average-retirement-savings-by-age.html For ages 25-34: Obviously that's a huge range, and a 26 year old would at the very low end, but I would say anywhere near $25,000 is a ton."}
{"_id": "160535", "title": "", "text": "So my wife was at work today and got yelled at by both a cop and her managers for simply LOOKING at the card. I don't understand I also work in retail and of course I must see the card to ensure it is a real card, it is a very strict policy that we must have a valid physical card to run any credit/debit transactions. People put skimmers everywhere you use your card and can pick up the info off the strip and put it onto another card and use it without you noticing right away. With the right equipment they can put their name on it or the name on their fake I.d. so the only red flag would be them trying to use several different cards"}
{"_id": "160551", "title": "", "text": "CFA level 1 was much easier for me in school, because I was regularly studying finance and it was easier to balance time studying than when I first started working in banking.  That being said. I didn't have parental duties.  MBA seemed to be about socializing and networking as much as the class work. Group projects made scheduling more difficult where as CFA was more on my own time.  I doubt a CFA will automatically qualify you for a specific job, where was MBA will likely require internships and give you a better network.  It's tough to explicitly say one over the other."}
{"_id": "160555", "title": "", "text": "\"There is nothing legal you can do in the United States to avoid the tax burden of income earned as an employee other than offsetting it with pre-tax contributions (which it sounds like you're already doing), making charitable contributions, or incurring investment losses (which is cutting off your nose to spite your face).  So that $660K can't be helped. As for the $80K in stock dividends, you could move those investments into \"\"growth\"\" companies rather than \"\"value\"\" companies.  Growth companies are those that pay less in dividends, where the primary increase in wealth occurs only in share price increase.  This puts off your tax bill until you finally sell your shares, and (depending on how the tax laws are at that time) your tax bill will be lower on those capital gains than they are currently on these dividends. Regarding rental income I know nothing, but I think you're entitled to depreciate your property's value over time and count that against the taxes you owe on the rents.  And you can deduct all the upkeep expenses.  As with employment income, intentionally incurring rental losses to lower your tax bill is not logical:  for every dollar you earn, you only have to give about 50 cents to the government, whereas for every dollar you lose, you've lost a dollar.\""}
{"_id": "160563", "title": "", "text": "If you are looking for the Best Restaurant In Navi Mumbai then contact with Fusion Grill Dine &amp; Lounge which offers the best services as Multi cuisine food such as North Indian, South Indian, Continental, Chinese and Indian food. To know more, Explore the full blog or  visit the website: http://fusiongrillcbdbelapur.co.in/"}
{"_id": "160568", "title": "", "text": "Why is that acceptable? That's just bad math. Currently, autopilot for cars isn't fleshed out yet. Humans cumulatively have 1 crash every 470 million miles, while Tesla's autopilot has 1 crash for every 220 million miles, but that's with the old hardware, with one forward camera. the new hardware suite has 8 cameras, along with all the other radar/sonar sensors. It's yet to be turned on. If that system proves to have 1 crash every half billion miles, then the car is safer than human driving. If it reaches 1 crash per billion miles, then it's kind of a no-brainer.   When you get in a taxi, bus, or airplane, you're still putting your life in the hands of something that's not under your control. You just trust that they have a good safety record and let them drive you. Driverless cars will be the same way. Nothing will ever be 100% safe, ever. That's just not possible. A sinkhole can open up under the car at any moment. A meteor could hit the car. No matter what, something will be able to beat the system and cause a fatality, but the goal is to minimize fatalities, not eliminate them all together. 100% will never happen."}
{"_id": "160578", "title": "", "text": "\"If you're still in school, try taking a Training The Street course in financial modeling and excel. Almost all the BB IB's use them and it's very practical for financial modeling (ie using iterative loops properly in Excel and debugging someone else's models).  As someone who did both Finance and Comp Sci undergrad, TTS was extremely useful for \"\"real world\"\" application.\""}
{"_id": "160605", "title": "", "text": "That's a bit more nuanced than it seems.   The argument is that on balance, the government does not create wealth through value-added services, particularly when compared to private enterprise. That voluntary trade creates mutually beneficial outcomes, but involuntary taxation is at best a wealth transfer and at worst inefficient use of capital that leaves people worse off than they would be without it.  I mean...your characterization isn't totally unfair, but it isn't exactly right, either."}
{"_id": "160611", "title": "", "text": "Just FYI for the benefit of future users. Haven't been paid yet nor have I paid but some interesting facts. I decided to sign the contract with the person who approached me. The contract seemed harmless whereby I only transfer money once I retrieve the funds. Thanks to your comments here I also understood that I must make sure the funds really cleared in my account and can never be cancelled before I transfer anything.  He gave me the information of the check that matched my previous employer and made sense as it was a check issues just after I had left my job and the state. I did not used the contact details he provided me, but rather found the direct contact details of the go to person in my last institution and contacted them.  I still haven't been able to reclaim the funds, but that is due to internal problems between the state comptroller and my institution. Will come back to update if I am ever successful, but the bottom line is that it is probably not a scam. I am waiting for the final resolution of the case before I post the name of the company which approached me (if it is at all OK per the discussion board rules)"}
{"_id": "160612", "title": "", "text": "\"The store owners don't know what your intentions are.  All they know is they gave you good cash for a bad check.   Part of this is that you're paying for the bad acts of others in the past, and these people aren't in the business of trying to understand your intentions.  If you show good faith by going in and paying whatever you can, it will go a long way toward getting them to work with you on the balance. I don't know if they'd have much of a criminal case if the check you gave them was clearly marked as \"\"void\"\" and you've shown a willingness to resolve the situation.  Of course you can't blame them for not wanting to accept another check from you.  Good old hard cash, even if it isn't the full amount, will be a better sign of your intent to repay the debt.\""}
{"_id": "160623", "title": "", "text": "\"I agree for the most part. I thought about them, I even thought about money supply and some others. But the point was mainly that businesses as a whole have been doing bad for not just this year or since 2008 but over a decade, not enough to account for inflation. This is grounds that the economy is in a recession, and will be. Bond's aren't really an investment in business as they are loaning money to the government on interest so they don't portray whether the economy is in recession or not.  The premise was that a recession is/has occurred, not that money cannot be made in a good portfolio.  Perhaps you didn't fully understand my last point, I don't believe gold and silver are the bubble. I believe the dollar is the bubble and it has been bursting since 2000. Commodity prices are merely a sign of the bursting bubble. Given that we're in recession, the only way to \"\"pull-out\"\" as it is apparent people have been doing for the past 10 years, is to buy real assets and that this creates a positive feedback loop into devaluing the dollar. Not everyone will pull out, but most will. For a long while the assets have had little exposure to the inflation of the dollar, and now it's catching up to the assets. Ergo assets are undervalued, they are not the bubble.\""}
{"_id": "160625", "title": "", "text": "I always find this funny. How can government bonds be in attractive and currency be attractive?  With monetary policy America guarantees that it can't default on debt. The only thing that can happen which breaks this is if the government prints itself out of debt. In which case not only will you bonds be worthless but so will your cash.  So to all the investors with boats of cash, you are trading one problem for the same problem. The only difference is you can hold the second problem in your hands.  Fools."}
{"_id": "160645", "title": "", "text": "FTA's [like TiSA ](https://www.youtube.com/watch?v=2_pPqnbXpA4)will radically change the labor market by globalizing labor flows and contracts.   Deregulation will certainly increase corporate profits and further decrease accountability. Given thats thats what triggered the GFC in 2008, its not a very wise idea to be pursuing it again through TiSA."}
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{"_id": "160700", "title": "", "text": "There are a bunch of ERP options out there, as you can see here:  http://en.wikipedia.org/wiki/List_of_ERP_software_packages and many of them are free and/or open source.  If I were doing an ERP implementation today I would think a lot about a Software as a Service (SaaS) solution that I didn't have to scale or maintain.  I don't know a lot about the players, but they are typically easy to try out online- folks like OpenERP or ERPNext.  And oddly, it looks like Microsoft has a decent solution called Dynamics."}
{"_id": "160725", "title": "", "text": "Wow, that sounds a lot like state-level politics here in the US.  Seems like it never changes. Thanks for filling me in, we don't hear much of note about your country so it's always interesting to see the inside view."}
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{"_id": "160755", "title": "", "text": "There is nothing wrong with giving out data and statistics so companies can hire a more more diverse workforce.  And I have absolutely no problem with what a company does internally to accomplish this goal.    The problem I have is what you said last. &gt;If a company wants to be racist in their hiring I am ok with that company going away.  That is the most heavy handed thing the government could do.  Even if a openly racist is only hiring whites;  what right does the community/government have to stop him?  The racist is not hurting anyone.  His only crime is only wanting to associate with individuals he wants too.  Yes less blacks will have less jobs but is it the responsibility of the racist to hire blacks. No of course not.  But if the community/government wants to shut the racist down for his hiring practices then we don't live in a county where rights and property is protected.  We live in a country where we think that it is a *right* to force someone else to hire you."}
{"_id": "160774", "title": "", "text": "It seems there are many MBA types on here still paying off those student loans 15 years later. They tend to hate on the guys with their bills paid from passive income and all the time in the world to do whatever they fancy."}
{"_id": "160780", "title": "", "text": "\"A fascinating view on this. The math of a 10% deposit and projected 10% return lead to an inevitable point when the account is worth 10X your income (nice) and the deposit, 10% of income only represents 1% of the account balance.  The use of an IRA is neither here nor there, as your proposed deposit is still just 1% of your retirement account total. Pay off debt? For one with this level of savings, it should be assumed you aren't carrying any high interest debt.  It really depends on your age and retirement budget. Our \"\"number\"\" was 12X our final income, so at 10X, we were still saving. For you, if you project hitting your number soon enough, I'd still deposit to the match, but maybe no more. It might be time to just enjoy the extra money. For others, their goal may be much higher and those extra years deposits are still needed. I'd play with a spreadsheet and see the impact of reduced retirement account deposits. Note - the question asks about funding the 401(k) vs paying down debt. I'd always advise to deposit to the match, but beyond that, one should focus on their high interest debt, especially by their 50's.\""}
{"_id": "160784", "title": "", "text": "Step 2 (idea worth nothing, traction everything) is about reducing risk for the person buying the company. But traction is a result, not an action. Your idea and your implementation are critical to your achieving traction. That does not mean you need the next industry destroying idea nor that all you need is an idea. But you do need a good idea of some sort for a new business."}
{"_id": "160786", "title": "", "text": "JoeTapayer has good advice here. I would like to add my notes. If they give a 50% match that means you are getting a 50% return on investment(ROI) immediately. I do not know of a way to get a better guaranteed ROI. Next, when investing you need to determine what kind of investor you are. I would suggest you make yourself more literate in investments, as I suggest to anyone, but there are basic things you want to look for. If your primary worry is loss of your prinicipal, go for Conservative investments. This means that you are willing to accept a reduced expected ROI in exchange for lower volatility(risk of loss of principal). This does not mean you have a 100% safe investment as the last market issues have shown, but in general you are better protected. The fidelity investments should give you some information as to volatility or if they deem the investments conservative. Conservative investments are normally made up of trading bonds, which have the lowest ROI in general but are the most secure. You can also invest in blue chip companies, although stock is inherently riskier. It is pointed out in comments that stocks always outperform bonds in the long term, and this has been true over the last 100 years. I am just suggesting ways you can protect yourself against market downturns. When the market is doing very well bonds will not give you the return your friends are seeing. I am just trying to give you a basic idea of what to look for when you pick your investments, nothing can replace a solid investment adviser and taking the time to educate yourself."}
{"_id": "160787", "title": "", "text": "In my experience, any kind of equity you may be offered by the company is just a carrot. Your offer may be written in such a way that your potential ownership represents, say, 1% of the company today. But if the company goes for a round of financing your ownership percentage can get diluted. If this happens a couple of times and the terms of financing aren't very favorable then your percentage can go from that 1% down to 0.001%, making the equity worthless. I've known people who heard their company was being bought and thought they might get some kind of payoff. Come to find out the company hadn't done all that well and there wasn't anything to pay out after the main investors got some money back. (The main investors took a loss.) For obvious reasons, management wasn't keeping the staff up to date about the fact that they were operating in the red and their options were worthless. Some people grumbled about lawyers and filing lawsuits, but at the end of the day, there wasn't any money to be won. Keep this in mind. As to your question regarding what to look out for:"}
{"_id": "160814", "title": "", "text": "Compre o sabonete para pele oleosa da melhor marca de dermocosm\u00e9ticos, Ligia Kogos, a pre\u00e7os imbat\u00edveis. Nosso sabonete \u00e9 formulado para promover a limpeza profunda e uma sensa\u00e7\u00e3o de pele fresca sem ressecar a pele. Assine nossa newsletter para receber as melhores ofertas!"}
{"_id": "160831", "title": "", "text": "I disagree with his point about taking too long to tighten. With rates near zero and asset purchasing programs in place, if there were another crisis what tools does the FRB have? Establishing a broad clear path forward is the best course of action so that confidence is restored in the marketplace. Unfortunately things have moved very far very fast and it has increased inequality. If we tightened sooner and a crisis were to occur the FRB (and the US by proxy) would have been hamstrung for a decades; it took us 1 decade on the current path."}
{"_id": "160839", "title": "", "text": "If your patio, fence, or pathway is in a sorry state, we at Liverpool Fencing can always provide a helping hand. We employ the best decking and fencing Liverpool professionals who could help you with the repairs and refurbishments. We will use the best tools and materials that will suit your budget accordingly. To learn more, head over to https://liverpoolfencing.co/."}
{"_id": "160842", "title": "", "text": "Nine years of investment would span Jan 1 2007 to Jan 1 2016. Taking the following valuation dates with The annual effective interest rate is 4.268 %"}
{"_id": "160844", "title": "", "text": "Does anyone else think that all this facebook snafu was intentional to put egg on the face of sniveling mark zuckerberg? It seems like many in the business world treat him as though he got lucky not that he is a savy business person."}
{"_id": "160854", "title": "", "text": "\"The *supporters* hate globalization because \"\"dey took errrr jerbs\"\" (while, more than a little ironically, sauntering into a Walmart).   The *party* loves globalization and capitalizing on cheap labor to pad exorbitant salaries and higher EPS boosting stock option prices. Especially helpful when their dividends are only taxed at 15%. All that extra money translates into well-padded reelection campaigns and lucrative contracts.   The party talks up their hatred of it to the rabble while doing everything in their power to foster it in bills and deals seldom talked about.\""}
{"_id": "160859", "title": "", "text": "\"I don't have disdain for startups, I have disdain for charlatans. And I feel sad for people who believe that they really have a chance with their social network for dogs / ideal roommate to-do app / tip calculator / new marketplace to revolutionize how x and y find each other / etc -- a belief fostered by the totally dysfunctional startup tabloid media. And I'm pissed watching people who piss away years of their life on \"\"great ideas\"\" which could never in a million years be a self-sustaining business, and then shrug it away as if that \"\"failure\"\" couldn't have been spotted ahead of time, a mile and years away.   They wouldn't have thought that would ever be more than a fun hobby or a nice little daydream if it weren't for the tabloids.  As for something \"\"more likely\"\" it's quite simple -- people need to decide if they want to \"\"grow big or go home,\"\" or if they want to create a business.  A business creates value and charges for things. That is what I mean by \"\"more likely.\"\"   The suits in the boardroom at Wal-Mart don't sit around wringing their hands wondering what their business model is, wondering how they can \"\"monetize.\"\"\""}
{"_id": "160875", "title": "", "text": "\"McDonald's is a cafe?   McDonald's is... A cafe???  And you're a professional consulting for the industry?   Don't look now, but I think we just identified one of the problems in the industry....   The industry is getting advice from overpaid assholes who say \"\"McDonald's is a cafe\"\" with a straight face.\""}
{"_id": "160886", "title": "", "text": "A hotel can accept the debit card because each night they can withdraw the money. If you don't have sufficient funds they can instantly lock you out of your room. They an also limit your ability to access room service, and other extra expensive options. The rental car can't do that once you have the car. Plus they never know if you will bring the car back with damages, toll charges, and an empty tank of gas."}
{"_id": "160887", "title": "", "text": "At some point in the past they switched to par-baking, which means the donuts are cooked in a factory, frozen, sent to stores, fried, and glazed. Anyone with taste buds can tell they aren't as good as fresh baked donuts. Tim Horton's switched too, but I've only heard secondhand accounts of the decline in quality.  It's obvious when a company does this they don't even care how the food tastes, it's just a cynical attempt to save money with the hope that customers are too dumb to taste the difference."}
{"_id": "160899", "title": "", "text": "As far as the RRSP goes, see my answer in  self directed RRSP for a non resident Don't forget to file your FBAR and form 8938, if applicable. -Jon"}
{"_id": "160901", "title": "", "text": "I think I understand them better than you ;-).  A place that puts a prime value on making money ought not be embarrassed by income numbers, right?  And yet there's doublethink: the instant you walk into the door at work, you're supposed to pretend it's all for the love of the job rather than for the money, that the money is so irrelevant as to be taboo."}
{"_id": "160910", "title": "", "text": "CTRs are made all the time, and yes, the banks do need to consider one-off transactions that aren't $10,000 per se but amount effectively to $10,000 or more. But if you're doing nothing improper, just pay your bill and be done with it.  No need to split it up just for this reason."}
{"_id": "160921", "title": "", "text": "Frankly, I think all the higher maths in finance is mental masturbation.  EDIT: wht all the down votes?  I've made my money by trading against the PhDs in European investment banks who actually and innocently believe their models represent the real world. Their models work when they work.  I love trading against the combination of arrogance and faux intellectualism.   Folks, read Fooled by Randomness or Black Swan."}
{"_id": "160922", "title": "", "text": "You might want to consider 'investing' a portion of that money into educating yourself. The payoff might not be as immediately obvious or gratifying but with appropriate determination, in the long term it will generate you a much greater return. If you would like to learn about investing, a great starting point would be to buy and read the book 'The Intelligent Investor' by Benjamin Graham. This will be a great barometer for how ready you are to invest in the stock market. If you are able to understand the concepts discussed and comprehend why they are important, you will have gone far in ensuring that you will make adequate returns over your lifetime and will - more importantly - increase the odds of safeguarding your capital."}
{"_id": "160923", "title": "", "text": "VacOil is reliable HVAC pump oil that maintains viscosity &amp; integrity for your demanding projects. It provides quality lubrication to maximize performance.HVAC refrigerants need frequent servicing to get a prolonged lifespan. Thanks to VacOil HVAC pump oil, the equipment can easily get the durability it needs and function with complete efficiency without the slightest hitch. Trust VacOil to prove to be the best for your HVAC device."}
{"_id": "160931", "title": "", "text": "Who says they don't? In the United Kingdom the Bank of England and the Bank of Scotland print the money. In some other countries (like Hong Kong, Israel, and the US) commercial banks were issuing the currency at some point of time, but now the governments do that. The problem with commercial banks issuing currency is the control. If a bank is allowed to print money - how can the amount of currency be controlled? If it is controlled by the government then the bank will be just a printing press, so what's the point? And since governments now want to control the monetary policy, banks have no reason to just be printing presses for the government, the governments have their own. edit Apparently in Hong Kong it is still the case, as I'm sure it is in some other places in the world as well."}
{"_id": "160932", "title": "", "text": "Sounds like baloney to me. HELOCs are variable rate, so you are paying down the principal of a fixed rate loan with a variable rate loan. If you want to pay the mortgage down faster, make two half payments per month, and/or add a little extra to each payment (make sure with the bank that any extra will automatically go to principal)."}
{"_id": "160950", "title": "", "text": "People will save the money in ira's so it is taxed now instead of later. They don't care about the people at all or the economy in the long run. It is a way to make the economy look like it is growing now, regardless of any long term problem that causes."}
{"_id": "160965", "title": "", "text": "Given your premise is correct:  How do you cash in a large sum of YetAnotherCryptoCoin shortly after it\u00b4s ICO? The crypto-exchanges take some time to add a new currency, if they do at all. And even if they already have, trading volume is usually low.  I think that\u00b4s what really makes it unattractive for Investors as opposed to tec-enthusiasts (aside from the high volatility). Total lack of any reliable trading capability."}
{"_id": "161007", "title": "", "text": "&gt;The second one, I assume, is the like 80,000 email addresses, not connected to anything. With, you'll notice, encrypted passwords.  The point is their security is not 100% hacker proof, no security is.  &gt;This is not an argument.  No, but I see zero reasons to be concern about plate readers.  Anyone can read your plates and look you up.  Your spewing nothing but FUD here.  &gt;http://www.darkreading.com/attacks-breaches/the-7-most-significant-government-data-breaches/d/d-id/1327468  And in the 7 most significant cases they listed only one involved a hack that got access to SS#'s and what have you."}
{"_id": "161008", "title": "", "text": "\"This answer is provided mostly to answer your question \"\"what is it?\"\" A variable annuity is a contract between you and an insurance company. The insurance company takes a bunch of money up front as a lump sum, and will pay you some money yearly - like earning interest. (In this case, they will probably be paying you the money into the account itself). How much they return is, as the name suggests, variable. It can be anything, depending on what the contract says. Mostly, there will be some formula based on the stock market - frequently, the performance of the Standard & Poors 500 Index. There will typically be some minimum returns and maximum returns - if the stock market tanks, your annuity will not lose a ton of value, but if the stock market goes up a lot in one year (as it frequently does), you will not gain a lot of value either. If you are going to be in the market for a long amount of time (decades, e.g. \"\"a few years out of college\"\" and then a little), it makes a lot more sense to invest in the stock market directly. This is essentially what the insurance company is going to do, except you can cut out the middleman. You can get a lot more money that way. You are essentially paying the insurance company to take on some stock market risk for you - you are buying some safety. Buying safety like this is expensive.  Variable annuities are the right investment for a few people in a few circumstances - mostly, if you're near retirement, it's one way to have an option for a \"\"safe\"\" investment, for a portion (but not all) of your portfolio. Maybe. Depending on the specifics, a lot. If you are under, like, 50 or so? Almost certainly a terrible investment which will gradually waste your money (by not growing it as fast as it deserves to be grown). Since you want to transfer it to Vanguard, you can probably call Vanguard, ask to open a Roth IRA, and request assistance rolling it over from the place it is held now. There should be no legal restrictions or tax consequences from transferring the money from one Roth IRA account to another.\""}
{"_id": "161010", "title": "", "text": "To me it sounds like you need to come up with 67K (30+37), part of the time you can work in the current job, part of the time you could work a lower paying part time job (for a year).  Lets assume that you can earn 15K for that year, and you can save 5K from your current job.  (I'd try and save more, but what ever you can do.) 67 - 15 - 5 = 47    I'd sell the investment property.  First you will have some funds to throw at this need, second you expense should go down as you don't have a payment on this property. 47 - 26 = 21  You have 32K in cash which is a lot for someone in your expense range.  Six months would be 15K, so I would use some of that cash: 21 - 17 = 4 Now you are really close.  If needed I'd use the investments to cover the last 4k or even more of the on hand cash.  However, could you do something to reduce that amount further ...like working more."}
{"_id": "161019", "title": "", "text": "Your tax efficient reasoning is solid for where you want to distribute your assets. ETFs are often more tax efficient than their equivalent mutual funds but the exact differences would depend on the comparison between the fund and ETF you were considering. The one exception to this rule is Vanguard funds and ETFs which have the exact same tax-efficiency because ETFs are a share class of the corresponding mutual fund."}
{"_id": "161020", "title": "", "text": "\"This is going to vary tremendously from country to country (and even from state to state, in some cases).  In general, though: Sole proprietorship: LLC: There are a lot of permutations depending on local law.  One thing that isn't actually much of an advantage is the \"\"limited liability\"\" component of the LLC.  Simply put: for a really small company the majority shareholders are usually going to be \"\"forced\"\" to stand surety for the company in their personal capacity. Limited liability only becomes available once the company has quite a lot of cash/assets (or the illusion of a lot of cash/assets). Update - noticed two further questions that appear very similar: Should all of these be merged?\""}
{"_id": "161029", "title": "", "text": "I am not sure why this gets downvoted.  First, the quality of education in bottom 90% of the schools is downright atrocious. I am interviewing engineering grads - often PhDs who can't tell the formula for the surface area of a sphere - AND CANNOT DERIVE IT!  Second, sorry, but paying $250k for a degree in something that pays $30k a year just does not make sense. You can invest this $250 into medium risk paper and together with a trade salary get much more money."}
{"_id": "161034", "title": "", "text": "\"It's what modern advertising is based on. They're not selling you a product. They're selling you a \"\"new you.\"\" Modern advertising is based on the erroneous assumption that by buying the product your personality and lifestyle will improve and the customer believes he/she is entitled to the lifestyle they see people in the commercial enjoying by buying the product, at least subconsciously they think that. It's not logical but look at how many commercials barely feature the product or its benefits at all but instead focus on the customers of the product looking cool and popular and successful.  Having the logo of the brand of clothing that you bought, prominently displayed on the clothing lets everyone else know how you see yourself and what lifestyle you want for yourself. That's why so many people are eager to pay to advertise a corporation's brand.\""}
{"_id": "161035", "title": "", "text": "Seeing stuff like this makes me wish I took videos at the dealerships I worked as a mechanic for.  This justifies my experiences, dealerships and the manufacturers are thieves and crooks.  I was a mechanic, I have a moral compass, I am no longer a mechanic."}
{"_id": "161039", "title": "", "text": "\"China: \"\"We are happy to take up the mantle of free trade in the wake of Trump's election.\"\"  Also China: \"\"You're not allowed to invest in or compete against state owned companies in our domestic market though, even though we're buying up all of yours.\"\"  *free* trade. \ud83d\ude44\""}
{"_id": "161041", "title": "", "text": "ETF is essentially a stock, from accounting perspective. Treat it as just another stock in the portfolio."}
{"_id": "161062", "title": "", "text": "Have you signed anything? If not - then tell them  you don't know who they are and have not agreed to pay. If you did sign that piece of paper at the airport, then you have probably agreed to pay. Either way, it won't go away. As you've already discovered, ignoring things doesn't make them go away. You should make an effort, as hard as it may be, and call them. Notify them that you have never asked for this card, never activated it, and in fact never had it in your possession. You should stress out that it was issued without your authorization, which is probably illegal. And you wish the account to be closed and the charge reversed. Otherwise it will just grow and make your life miserable."}
{"_id": "161068", "title": "", "text": "Another possibility is that a lot of it is bought using borrowed money. Especially if much of your own money is in the stock market, it may be beneficial to take out a loan to buy something compared to selling other assets to raise the same amount of cash. Even going by the likely relatively conservative \u00a3200K/year before taxes, you are looking at a very nice house going for perhaps around 3-5 years' worth of pre-tax income. Let's say you have good contacts at the bank and can secure a loan for \u00a3500K at 3.5% interest (not at all unreasonable if you make half that before taxes in a single year and purchase something that can be used as collateral for the money borrowed; with a bit of negotiating, I wouldn't be surprised if one could push the interest rate even lower, and stock in a publicly traded company can also trivially be used as collateral). That's less than \u00a31500/month in interest, before any applicable tax effects -- less than 10% of the before-tax income. And like @Victor wrote, I think it's reasonable to say that especially if the company is publicly traded, the CEO makes more than \u00a3200K/year. Given an income of \u00a3200K/year and assuming 30% taxes on that amount (the marginal tax would likely be higher, and this includes e.g. interest expense deductions), the money left over after taxes and interest payments on a \u00a3500K 3.5% debt is still about \u00a310K/month. Even with a pretty rapid amortization schedule and even if the actual tax rate is higher, that leaves quite a bit of money to be socked away in savings and other investments."}
{"_id": "161074", "title": "", "text": "So, since you have no record of picking it up, are you going to do the right thing and claim you never got it?  On another note, I was known at the local home depot for being the guy who ordered things online, they actually used my orders to train new people. That was back when buying online got 5% back from Discover."}
{"_id": "161076", "title": "", "text": "Your 1&2 are the end of that chapter. You can't convert for that year again, and must wait 30 days to convert in the new tax year.  For example, each year for over a decade, I've helped my mother in law with this. In May, we convert a chunk of money/stock to Roth. In April, I'll recharacterize just enough so she tops off her 15% bracket but doesn't hit 25%. 30 days later, the new conversion happens. All the Roth money is money now taxed at 15%, which, in an emergency, a need for a lot of cash, will avoid the potential of 25% or higher, tax. You see, your 3 never really happens."}
{"_id": "161088", "title": "", "text": "Some Canadian banks (RBC for instance), will accept the format  No spaces, no slashes. Transit number must be five digits, if it's not add a 0 to the front. Just had a situation where the European-based system would not accept anything but an IBAN, so I called my bank and that's what they confirmed.  I know this is super late, but thought I would leave it here for future generations to discover. Edit: See comments for an example."}
{"_id": "161096", "title": "", "text": "Lawyers etc are upper middle class yes, but in general you are going for teachers, the higher degree nursing,  non super specialist it workers, hr workers, middle management, etc.  There is a point that we severely underpay K12 teachers. But the jobs you listed are working class. It used to be in the past that working class job could provide enough money for middle class existence eg car manufacturing union jobs. But that ended up being unsustainable, the companies uncompetitive and TBH the populace uneducated."}
{"_id": "161100", "title": "", "text": "It seems to me that the CBV is just about equity valuation in the public and private markets. The CFA, on the other hand, does valuation of equity, debt, and derivatives, as well as economics, portfolio management, and some other stuff related to investments.   I had never heard of the CBV before today ('murican here), but it seems that it does have value in a way that the CFA doesn't: consulting services. I have a CFA and have done valuations for public and private businesses, but I can definitely see where increased training specifically in valuation (especially in the legal aspects) could be very valuable.   The CBV may have more value if you're looking to partner up with lawyers dealing with estate planning or private business sales. If you're looking at public markets, I'd say CFA.   One thing to be aware of, though, is that the CFA is probably significantly more work."}
{"_id": "161110", "title": "", "text": "&gt; I also think it unfair that kids in the middle class have access to tutors, kids of the rich have access to elite private schools  Which we try to compensate by taking more money from the middle and upper class than we do the lower class, then use that money to pay for tutors and teachers for the lower class.  It's not perfect, but it's a big improvement to the days before that.  &gt; those with money have access to better medical care and so on.  Which is why pretty much all modern countries except America have a socialist medical system."}
{"_id": "161130", "title": "", "text": "I'm not sure I'm following what you said. GDP PPP standardizes prices across countries to better compare how much is produced in each country. So 2 Big Macs sold at a low price in china results in a lower GDP than 1 expensive Big Mac in the US. Although with GDP PPP, china would have the bigger figure after adjusting for price differences since it produces more."}
{"_id": "161143", "title": "", "text": "I don't think it would be going out on a thin limb to say:  if you paid $35/hour and were able to bus people, say, an hour each way from a city that had unemployed job seekers you would have absolutely no problem finding some motivated and enthusiastic new farm workers."}
{"_id": "161153", "title": "", "text": "Over the past five years, QFVOX has returned 13.67%, compared to the index fund SPY that has returned 50.39%. SEVAX has lost 23.96%. AKREX has returned 81.82%. In two of your three examples, you would have done much better in an index fund with a very low expense ratio as suggested. While one can never, as you see, make a generalization, in almost every case, most investors will do better, and often much better, with an index fund with a low expense ratio. My source was Google Finance."}
{"_id": "161155", "title": "", "text": "Is wash rule applicable for this? No - because you made a gain on the sale.  You paid $13,500 for the stock and sold it for $14,250.   The wash rule prevents you from claiming a loss if you buy the same stock again within 30 days.  You have no loss to claim, so the rule does not apply."}
{"_id": "161156", "title": "", "text": "Answering my own question, I figured it out: yes, there is a way, with a tool called gnucash2ledger.py. Versions used: GnuCash 2.6.1, Ledger 2.6.2, hledger 0.22"}
{"_id": "161160", "title": "", "text": "\"give up nuclear weapons and then, its game over for the Pakistani people.  What exactly does this look like?  \"\"the United States would have attacked Pakistan a long time ago.\"\"  What, like those constant drone strikes raining down on Pakistan for years?  Look, Hitler McJewhater, sure, Pakistan has a few nukes. I don't think they have an exit strategy to use them effectively in a military action. Like North Korea, they would be effectively annihilated before the first mushroom cloud cleared.\""}
{"_id": "161162", "title": "", "text": "\"I'd like to modify the \"\"loss\"\" idea that's been mentioned in the other two answers.  I don't think a retail location needs to be losing money to be a candidate for sale.  Even if a retail location is not operating at a loss, there may be incentive to sell it off to free up cash for a better-performing line of business. Many large companies have multiple lines of business.  I imagine Sunoco makes money a few ways including: refining the gas and other petroleum products, selling those petroleum products, selling gas wholesale to franchised outlets or other large buyers, licensing their brand to franchised outlets, selling gas and convenience items direct to consumers through its own corporate-owned retail outlets, etc. If a company with multiple lines of business sees a better return on investment in certain businesses, it may make sense to sell off assets in an under-performing business in order to free up the capital tied up by that business, and invest the freed-up capital in another business likely to perform better. So, even \"\"money making\"\" assets are sometimes undesirable relative to other, better performing assets. Another case in which it makes sense to sell an asset that is profitable is when the market is over-valuing it.  Sell it dear, and buy it back cheap later.\""}
{"_id": "161176", "title": "", "text": "Previous to apply for a home loan, recognize the time of charges, punishment or fee charged by your lending company or bank for defaulting in monthly EMI. Know the dispensation accuse and in case a person decides to control their loan from current lender to a new lender, the present lender will charge consequence or fee for pre-closure of your loan."}
{"_id": "161181", "title": "", "text": "The economy was angry that day my friends! Like Bernie Madoff trying to send back soup at a deli. It got about fifty pips down and suddenly, ol' Buffet appeared before me. I tell ya, he was ten stories high if he was a foot. As if sensing my presence, he let out a great bellow."}
{"_id": "161201", "title": "", "text": "Your assumption that funds sold in GBP trade in GBP is incorrect. In general funds purchase their constituent stocks in the fund currency which may be different to the subscription currency. Where the subscription currency is different from the fund currency subscriptions are converted into the fund currency before the extra money is used to increase holdings. An ETF, on the other hand, does not take subscriptions directly but by creation (and redemption) of shares. The principle is the same however; monies received from creation of ETF shares are converted into the fund currency and then used to buy stock. This ensures that only one currency transaction is done. In your specific example the fund currency will be USD so your purchase of the shares (assuming there are no sellers and creation occurs) will be converted from GBP to USD and held in that currency in the fund. The fund then trades entirely in USD to avoid currency risk. When you want to sell your exposure (supposing redemption occurs) enough holdings required to redeem your money are sold to get cash in USD and then converted to GBP before paying you. This means that trading activity where there is no need to convert to GBP (or any other currency) does not incur currency conversion costs. In practice funds will always have some cash (or cash equivalents) on hand to pay out redemptions and will have an idea of the number and size of redemptions each calendar period so will use futures and swaps to mitigate FX risk. Where the same firm has two funds traded in different currencies with the same objectives it is likely that one is a wrapper for the other such that one simply converts the currency and buys the other currency denominated ETF. As these are exchange traded funds with a price in GBP the amount you pay for the ETF or gain on selling it is the price given and you will not have to consider currency exchange as that should be done internally as explained above. However, there can be a (temporary) arbitrage opportunity if the price in GBP does not reflect the price in USD and the exchange rate put together."}
{"_id": "161221", "title": "", "text": "Many enterprise owners inside the United States select to form their enterprise as a Delaware LLC because of the felony advantages from the state\u2019s predictable enterprise friendly legal guidelines. Delaware LLC formation is easy, too \u2014 there's no need to visit the kingdom and minimal data is needed to form your LLC in Delaware. The method may be accomplished online; IncNow can assist shape a Delaware LLC in your enterprise in just five mins. You can form an LLC in Delaware without visiting, opening an office, or maintaining a bank account in Delaware."}
{"_id": "161229", "title": "", "text": "\"Yes, you really budget from \"\"net.\"\" After all deductions on one's paycheck, it's not tough to wind up with 60% left, making the 30% of gross fully half of what you net.  The unasked question is whether this is a good budgeting tool. I think it really isn't. If you can find a place to rent that's a walk from your job, and that rent saves you the full cost of car ownership as well as the hour round trip each day your co-worker commutes, you might justify 50%.  \"\"Rules of thumb\"\", nearly all of them, should be taken with a grain of salt.  Show me your budget, and I'll know what your priorities are. Your budget is what's right for you, but as a PF blogger, I hope there's a line item for retirement savings, and another for fun.\""}
{"_id": "161230", "title": "", "text": "This is a bit of an open-ended answer as certain assumptions must be covered. Hope it helps though. My concern is that you have 1 year of university left - is there a chance that this money will be needed to fund this year of uni? And might it be needed for the period between uni and starting your first job? If the answer is 'yes' to either of these, keep any money you have as liquid as possible - ie. cash in an instant access Cash ISA. If the answer is 'no', let's move on... Are you likely to touch this money in the next 5 years? I'm thinking house & flat deposits - whether you rent or buy, cars, etc, etc. If yes, again keep it liquid in a Cash ISA but this time, perhaps look to get a slightly better interest rate by fixing for a 1 year or 2 year at a time. Something like MoneySavingExpert will show you best buy Cash ISAs. If this money is not going to be touched for more than 5 years, then things like bonds and equities come into play. Ultimately your appetite for risk determines your options. If you are uncomfortable with swings in value, then fixed-income products with fixed-term (ie. buy a bond, hold the bond, when the bond finishes, you get your money back plus the yield [interest]) may suit you better than equity-based investments. Equity-based means alot of things - stocks in just one company, an index tracker of a well-known stock market (eg. FTSE100 tracker), actively managed growth funds, passive ETFs of high-dividend stocks... And each of these has different volatility (price swings) and long-term performance - as well as different charges and risks. The only way to understand this is to learn. So that's my ultimate advice. Learn about bonds. Learn about equities. Learn about gilts, corporate bonds, bond funds, index trackers, ETFs, dividends, active v passive management. In the meantime, keep the money in a Cash ISA - where \u00a31 stays \u00a31 plus interest. Once you want to lock the money away into a long-term investment, then you can look at Stocks ISAs to protect the investment against taxation. You may also put just enough into a pension get the company 'match' for contributions. It's not uncommon to split your long-term saving between the two routes. Then come back and ask where to go next... but chances are you'll know yourself by then - because you self-educated. If you want an alternative to the US-based generic advice, check out my Simple Steps concept here (sspf.co.uk/seven-simple-steps) and my free posts on this framework at sspf.co.uk/blog. I also host a free weekly podcast at sspf.co.uk/podcast (also on iTunes, Miro, Mixcloud, and others...) They were designed to offer exactly that kind of guidance to the UK for free."}
{"_id": "161254", "title": "", "text": "Day trading is probably the most often tried and failed activity in the financial world. People think they can parlay $1,000 investment into $1,000,000 in a week with little or no knowledge on how to evaluate stocks and or companies. They think they can just look at where the line graphs' been and forecast where it's going to be next week. Unfortunately if it were that simple everyone would be making money hand over fist in the market.   So in short, the reason day trading is considered a risky venture is because most of the people that attempt to do it are willfully ignorant. They intentionally choose not to read about day trading. They intentionally choose not to learn about how to read a company's financial report and they intentionally choose not to learn how to compare one stock to another. They also don't consider the fact that most of their data is 15 or more min old because of the shady rules brokers have worked into the system.  Real everyday investors that make money in the market do it by careful evaluation of the purchase they are about to make. Guess what, even they lose time to time. That's the game!"}
{"_id": "161257", "title": "", "text": "In our Texas home we subscribe to wind energy and the cost for consumers is so much lower than the other companies who aren't renewable that we have access to.  We're in full swing summer, which inevitably brings on groans of power costs - mine was about 1/2 the price of my neighbors, they've all switched.  And it truly was an apples-to-apples home situation, the 3 of us live on the same floor of the same building with similar sun exposure and keep our Nest thermostats set to about the same.  I am paying 7.2 \u00a2 per kilowatt hour and they were paying 14+ \u00a2"}
{"_id": "161275", "title": "", "text": "Definitely not impossible to have a self-driving car guided only by cameras and radar. Humans drive based on vision alone. Whether the AI required is forthcoming that's a question that GM is ill positioned to answer. They suck at building cars, let alone software."}
{"_id": "161282", "title": "", "text": "Q: If I call a tail a leg, then how many legs does a dog have?   A: 4. You can call it whatever you want, it's still a tail. The scenario is nonsense. There is a quid pro quo, the waitress served the customer and he tipped her. A $7 tip on a $24.47 check. He was generous, but misguided if he thought that this note would let the tip go untaxed.  And even though the article you link is fresh, the author has the gift threshold incorrect. This year it's $14,000, and has been so since 2013.  A cute story, and unlikely to be an issue for $7, but the IRS would take notice if this idea gained any traction.  Two references - If Gifts Are Not Income, Why Tax Gratuities? From the Tax Court Files: Is That Money a Gift or Income?"}
{"_id": "161289", "title": "", "text": "\"It might not be fair, but we can't sort the fuckers out. So good ones, bad ones, it really doesn't fucking matter to us. You don't see us banning fucking buddhists or christians or whatever other hocus pocus religions there are out there. No, just the ones that are FUCKING PEOPLE UP DAILY.   Look, since you are infatuated with racists, maybe you will understand this.   How about if the KKK started lynching blacks like a motherfucker today... it was in the papers everywhere left and right, every day. They're killing them all over the place. So we say, \"\"ok, fucking kkk members, we're coming after you.\"\" It's a fucking war, and it would be justified. If one guy happened to be a nice KKKer and didn't actually lynch blacks, it doesn't fucking matter, it's a fucking war. He's a KKKer, and in this war against them, he's the enemy.  Get it?\""}
{"_id": "161295", "title": "", "text": "You're right, of course - But that's not something you would ever want to do *accidentally*.   Five years from now, the OP may well decide to convert some of his traditional funds to Roth; for now, even though Roth was his original intent, that would mean a tax bloodbath come next April.   As an aside, the biggest reason (for most people) to have Roth funds **isn't** because you expect to make more (inflation - or more importantly, tax-code - adjusted) in retirement than now.  If that were the case, the entire concept would be almost worthless - Who the heck makes more *after* retiring than *before*?  The best reason to have substantial Roth funds in your retirement portfolio is the way that Social Security is taxed.  If you can keep your AGI under $25k (note that includes half of your SS benefits, but since the standard deduction is roughly $10k, those more-or-less cancel each other out), you don't pay a dime in taxes on your SSI.  So, if you have a solid budget, take your yearly expenses, subtract out $25k, and that's what you should (sustainably) have in Roth funds.  The remaining $25k is what you should have in traditional funds."}
{"_id": "161296", "title": "", "text": "They mostly make money off of the spread between your order and the spread of the buy and sell currently in the market. As others have previously explained, their buy/sell spreads are a little lacklustre."}
{"_id": "161301", "title": "", "text": "6 to 9 months worth of expenses is recommended. You should also consider having long-term disability insurance in place, in case of serious illness or accident."}
{"_id": "161309", "title": "", "text": "Something that introduces the vocabulary and treats the reader like an intelligent individual? It's a bit overkill for 'retirement', but Yale has a free online course in Financial Markets. It's very light on math, but does a good job establishing jargon and its history. It covers most of the things you'd buy or sell in financial markets, and is presented by Nobel Prize winner Robert Schiller. This particular series was filmed in 2007, so it also offers a good historical perspective of the start of the subprime collapse. There's a number of high profile guest speakers as well. I would encourage you to think critically about their speeches though. If you research what's happened to them after that lecture, it's quite entertaining: one IPO'd a 'private equity' firm that underperformed the market as a whole, another hedge fund manager bought an airline with a partner firm that was arrested for running a ponzi scheme six months later.  The reading list in the syllabus make a pretty good introduction to the field, but keep in mind they're for institutional investors not your 401(k)."}
{"_id": "161311", "title": "", "text": "No, this is not generally possible, as each security purchase is booked as a separate order => hence separate transaction. You can do this through purchasing of a fund, i.e.: purchasing one share of a ETF will get you a relative share of the ETF holdings, but the actual holdings are not up to you then."}
{"_id": "161323", "title": "", "text": "\"By definition, a downturn in the business cycle will push some companies into bankruptcy. What's worse, a downturn in the business cycle will trigger \"\"bankruptcy fears\"\" for a LOT of companies, far more than will suffer this fate. So the prices of MANY candidates go down to levels that reflect this fear. This aggregate impact produces the \"\"overreaction\"\" you're talking about. It's called \"\"fallacy of composition\"\"; some of these companies will go under, but not all. Then the prices of the survivors will bounce back strongly during the early stages of an upturn when it becomes clear which companies WON'T go bankrupt.\""}
{"_id": "161330", "title": "", "text": "No, it doesn't work like this. Your charitable contribution is limited to the FMV. In your scenario your charitable contribution is limited by the FMV, i.e.: you can only deduct the worth of the stocks. It would be to your advantage to sell the stocks and donate cash. Had your stock appreciated, you may be required to either deduct the appreciation amount from the donation deduction or pay capital gains tax (increasing your basis to the FMV), depending on the nature of your donation. In many cases - you may be able to deduct the whole value of the appreciated stock without paying capital gains. Read the link below for more details and exceptions. In this scenario, it is probably more beneficial to donate the stock (even if required to pay the capital gains tax), instead of selling and donating cash (which will always trigger the capital gains tax). Exceptions.   However, in certain situations, you must reduce the fair   market value by any amount that would have been long-term capital gain   if you had sold the property for its fair market value. Generally,   this means reducing the fair market value to the property's cost or   other basis. You must do this if: The property (other than qualified appreciated stock) is contributed to certain private nonoperating foundations, You choose the 50% limit instead of the special 30% limit for capital gain property, discussed later, The contributed property is intellectual property (as defined earlier under Patents and Other Intellectual Property ), The contributed property is certain taxidermy property as explained earlier, or The contributed property is tangible personal property (defined earlier) that: Is put to an unrelated use (defined later) by the charity, or Has a claimed value of more than $5,000 and is sold, traded, or otherwise disposed of by the qualified organization during the year   in which you made the contribution, and the qualified organization has   not made the required certification of exempt use (such as on Form   8282, Donee Information Return, Part IV). See also Recapture if no   exempt use , later. See more here."}
{"_id": "161332", "title": "", "text": "&gt;For the next 90 days, we are offering refunds for your purchase of the Juicero Press. Please contact help@juicero.com by December 1, 2017 to request a refund for your purchase.  This is a noble move, if they follow through on it. It was inevitable that they were not going to survive the controversy from earlier this year--they could have just cashed out."}
{"_id": "161364", "title": "", "text": "Service base economy? What are you talking about?  This is about a FACTORY and also an R&amp;D center.  And, FYI, it's about producing things: design, production management, sales, service after sales, research and design of newer products, etc.  The center of all this is the factory."}
{"_id": "161411", "title": "", "text": "\"For US equities, Edgar Online is where companies post their government filings to the SEC. On Google Finance, you would look at the \"\"SEC filings\"\" link on the page, and then find their 10K and 10Q documents, where that information is listed and already calculated. Many companies also have these same documents posted on their Investor Relations web pages.\""}
{"_id": "161422", "title": "", "text": "Run your credit reports for the 3 major agencies to find out which of them have the debt was reported on and initiate the dispute process with each agency that reports the invalid debt. This will cause the person who put it on the report to either prove that it is valid or remove it from your report. Ignoring debt collector calls is not a good option, regardless of whether the debt is valid. They obviously think the debt is yours so their response is naturally to put it on your credit report. In most cases it is a good idea to respond in writing that it is not your debt. I doubt you have much recourse against the creditor. For one thing they DID try to contact you and you dodged them. That is not their fault. Secondly, it is unlikely you would prevail unless you could prove that they maliciously put false information on your credit or through gross incompetence did so. More likely is that they are mismatching you to a debt from someone with a similar name, or there is an accounting error somewhere. Or possibly you owe the debt and no one ever sent you a bill. It happens with medical bills all the time."}
{"_id": "161428", "title": "", "text": "You're only counting one year.   Let's say 30 years of data, minutewise, for 2,000 stocks, and 50 characters per data line. That's 1.5TB of data.  Since the market has grown, that's an overestimate - 30 years ago there weren't 2,000 stocks in the NYSE - but it still gives us ballpark of roughly 1 TB.  Not an easy download."}
{"_id": "161444", "title": "", "text": "&gt; MSN polled more than 463,000 readers on its US homepage on Monday, July 17. It then used machine learning and big data, such as the census, to model how a representative sample of the US would have responded. It's nearly as accurate as a traditional scientific survey, MSN said.  So basically, you made the results of the poll up from the results of an internet poll..."}
{"_id": "161445", "title": "", "text": "The S&P 500 is a stock market index, which is a list of 500 stocks from the largest companies in America. You could open a brokerage account with a broker and buy shares in each of these companies, but the easiest, least expensive way to invest in all these stocks is to invest in an S&P 500 index mutual fund. Inside an index mutual fund, your money will be pooled together with everyone else in the fund to purchase all the stocks in the index.  These types of funds are very low expense compared to managed mutual funds.  Most mutual fund companies have an S&P 500 index fund; two examples are Vanguard and Fidelity.  The minimum investment in most of these mutual funds is low enough that you will be able to open an account with your $4000. Something you need to keep in mind, however: investing in any stock mutual fund is not non-risk.  It's not even low-risk, really.  It is very possible to lose money by investing in the stock market.  An S&P 500 index fund is diversified in the sense that you have money in lots of different stocks, but it is also not diversified, in a sense, because it is all in large cap American stocks.  Before investing in the stock market, you should have a goal for the money you are investing.  If you are investing for something several years away, an index fund can be a good place to invest, but if you will need this money within the next few years, the stock market might be too risky for you."}
{"_id": "161446", "title": "", "text": "There's only one thing that will kill Walmart and Target: Walmart and Target.  Like just about every other corporation, they're going to find every way to trim costs to make more profit.  And those ways are going to make people shop elsewhere.  Walmart wasn't always known for hosting the dregs of society, at one point people liked shopping there because of all of the people they had working there, answering questions, helping out, keeping the place tidy &amp; clean.  Now they're often shitholes.  It's like they're taking pages out of the K-Mart playbook."}
{"_id": "161465", "title": "", "text": "Right, so once again, engineering problem -- Pension funds could be treated differently, and pension fund experts could be consulted as to how to design the taxation system such that pension fund recipients aren't able to cheat the idle tax laws if their expected benefit/share of the fund is larger than certain cutoff values."}
{"_id": "161474", "title": "", "text": "Excellent insight. Although not a television watcher myself, there really is no substitute for live broadcasting by the networks. The people who are touting a will to short the industry are the same people boasting about their 3D TV sets. The technology is expanding, and with it so will it's complimentary industries."}
{"_id": "161518", "title": "", "text": "&gt; Seriously, though, fuck Vegas. Never visited and never wanted to. I can't imagine why people want to live there.  I can't fucking stand Vegas, but at least I've been there a few times and have enough experience to have a valid opinion.  Have you considered going outside and experiencing the world around you instead of just parroting whatever opinions you read on the blogosphere? How do you even know Vegas exists if you've never been there? For all you know, it might be a big internet joke!"}
{"_id": "161534", "title": "", "text": "\"First, you've learned a very good lesson that quite a few people miss out on: notice how easy it is to get out of debt when you get a windfall of money?  The trouble is that if a person doesn't have the behavior to maintain their position, they will end up in the same place.  Many lottery winners end up being poor in the long run because their behavior is the problem, not their finances. If you feel that you're going to end up in debt again, this means simply that somewhere in your finances, your expenses exceed your income.  Simply put, there's only two fundamental things that can be done: You can do one or the other, or both.  Over budgeting, I prefer automation - automate your bills and spending by setting up a bill and spending account and when the money's gone, it's gone (you can tell yourself at that point, \"\"I have to find another source of income before I spend more\"\").  This not only helps you show where your money is going now, it also puts a constraint on your spending, which sounds like most of the problem currently.  Many of my friends and I make our saved/invested money VERY HARD to access, so that we can't get it immediately (like putting it in an account that will require three or four days to get to). The purpose of this is to shape your behavior into actions of either increasing your income, decreasing your spending, or both.\""}
{"_id": "161551", "title": "", "text": "I wonder if this comment would be better under a conspiracy. But you know the banks can claim your income tax for payment of your college loans, and that the government is increasing how much you can get back on your income tax. Basically, isn't that just to get government money and giving it to the big banks?"}
{"_id": "161565", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.commondreams.org/news/2017/06/16/seeking-economic-justice-all-hawaii-first-state-consider-basic-income) reduced by 67%. (I'm a bot) ***** &gt; Hawaii has become the first state to officially begin exploring the possibility of a universal basic income after a bill requesting the creation of a &amp;quot;Basic economic security working group&amp;quot; recently passed both houses of the state legislature.  &gt; The Hawaii bill was put forth by State Rep. Chris Lee, who in a Reddit post on Thursday explained the motivations behind the measure and the ambitions driving the movement demanding economic justice for all.  &gt; HCR 89 also establishes a Basic Economic Security Working Group co-chaired by the Department of Labor and Department of Business, Economic Development and Tourism to analyze our state&amp;#039;s economy, and find ways to ensure all families have basic financial security, including an evaluation of different forms of a full or partial universal basic income.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hztmm/seeking_economic_justice_for_all_hawaii_first/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147206 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **basic**^#2 **Hawaii**^#3 **security**^#4 **economic**^#5\""}
{"_id": "161608", "title": "", "text": "Let's start from the premise that the mortgage is something you will have anyway because you need it to live (as opposed to say getting a bigger mortgage initially in the expectation of paying it down faster than scheduled). In that case I think paying down a mortgage certainly is an investment; one with a well-defined interest rate and maturity that depends on the precise terms of the mortgage. For example I have a (UK) mortgage that's fixed for the next two years at about 5%, and allows overpayments of \u00a3500 per month, which can be withdrawn at any time. So I treat those overpayments as equivalent to savings with quite a nice interest rate, especially since mortgage interest isn't tax deductible and so I actually get the full benefit of that interest rate."}
{"_id": "161620", "title": "", "text": "One study. With flaws like this:  &gt; In particular, to avoid confusing establishments that were subject to the minimum with those that were not, the authors did not include large employers with locations both inside and outside of Seattle in their calculations.  And also [this, from the Seattle Times](http://www.seattletimes.com/business/uw-study-finds-seattles-minimum-wage-is-costing-jobs/)  &gt;In its report, the UW researchers focused on \u201clow wage\u201d jobs \u2014 those paying under $19 an hour \u2014 and not just \u201cminimum wage\u201d jobs, to account for the spillover effect of employers raising the pay of those making more than minimum wage.   &gt;To try to isolate the effects of the minimum-wage law from other factors, the UW team built a \u201csynthetic\u201d Seattle statistical model, aggregating areas outside King County but within the state that had previously shown numbers and trends similar to Seattle\u2019s labor market.  &gt;Other studies on minimum wage have typically used lower-wage industries, such as the restaurant sector, or lower-paid groups such as teenagers, as proxies to get at employment, they said.  &gt;That was the case with a University of California, Berkeley study released last week that found Seattle\u2019s minimum-wage law led to higher pay for restaurant workers without costing jobs in 2015 and 2016.  If you support Trump's policies, then you should be in favor of raising the minimum wage. Isn't that the whole purpose of reducing the labor supply from immigrants? There was an article recently about the affect that the reduced supply of immigrants was having on the summer labor supply in Cape Cod. They will have to raise wages to get more people.  From The Atlantic: [How the Democrats Lost Their Way on Immigration](https://www.theatlantic.com/magazine/archive/2017/07/the-democrats-immigration-mistake/528678/)"}
{"_id": "161632", "title": "", "text": "\"If you are not taking any of the options in the Flexible Benefit Plan, then everything is taxable. Check about \"\"Retirals\"\", the practise differs from organization to organization. Some pay it out annually and some only pay on completion of certain duration on exit. So Deduct 47K from 7 lacs. Gross of around 653,000. Total tax for this around 53,000. After tax yearly around 600,000. Individual contribution to PF@ 12% of basic around 33,600. Net Yearly around 567,225. So net take home would be around 47,268. You can easily take items 3,6,7,8 around 62,400. Thus you will save tax of around 13,000. So take home will increase 1,080.\""}
{"_id": "161634", "title": "", "text": "\"You are not serious! You are asking strangers \"\"how should I go about it?\"\" and \"\"what can I use?\"\"  If you are serious, study and research how you start a business. Also, try to design ONE cigarette lighter, make a small quantity and try to sell it.  Then, you can check if want to start that business and how to start it.\""}
{"_id": "161641", "title": "", "text": "\"the economy is, therefore, a gigantic broken window fallacy if you want to go down that path.   if you had technology that made food procurement, shelter, healthcare, and transportation obsolete, everyone in the world could do another productive activity.   the parable discusses the negation of the \"\"benefit\"\" that the calamity causes to economic actors (i.e. saying a broken window creates a job for the glass dude ignores the fact that the shop owner is now out one window) by a loss of use of that same capital for the shop owner - risk of loss associated with vehicle usage isn't analagous. It would be more in line with the shop owner consuming a resource which has a replacement cost.\""}
{"_id": "161642", "title": "", "text": "I like TJ's.  An old friend works for them and has been moving up in management.  They treat him well and he likes the company.  What I don't like about TJ's is that they're fussy about the demographics where they open stores.  I live in a mid-sized city with a lot of ag, military and law enforcement.  Big enough for a TJ's, but they won't open one here because there aren't enough college-educated types.  (Of which I am one.)  I'd sure like one here, though.  Further, I think it'd do well.  I've mentioned it to my friend, but he doesn't have much input there.  Anyhow, I'd shop there if we had a local one.  They have good deals and I don't mind their in-house stuff one bit.  Some is better than others, but you can often find excellent products at a fair price."}
{"_id": "161652", "title": "", "text": "This.  If the dollar wasn't the reserve currency we'd probably be in inflation hell, but it's undeniable that QE had a positive (and yes, somewhat superficial) impact. As another commenter in this thread alluded it's poor policy to continually kick the can down the road via another government put, but it's worse policy to let an entire class get economically crippled worse than what happened."}
{"_id": "161667", "title": "", "text": "This kind of questions keeps repeating itself on this site and the answer is generally it doesn't matter. As you said yourself, there are costs either way, and these costs are comparable. Generally, merchant fees differ tremendously between the different kinds of merchants, and while gas stations and video rentals may pay up to 5% and even more, charitable organizations and community services are usually not considered as high fraud risk operation and are charged much lower fees. Either way, paying employees, managing cash/check deposits or paying merchant fees is part of the charity operational expenses. Together with maintaining offices, postal office boxes, office supplies, postage expenses and formal stationary and envelopes needed for physical donations handling. I would guess that if the charity's majority of donations come on-line as credit card/paypal payments - check handling will be more expensive. So I suggest you take the route you consider majority of donors pay - that would be the cheapest for them to handle. I would guess, credit cards being the most convenient - would be the way to go."}
{"_id": "161676", "title": "", "text": "\"I really don't feel co-signing this loan is in the best interests of either of us.  Lets talk about the amount of money you need and perhaps I can assist you in another way. I would be honest and tell them it isn't a good deal for anybody, especially not me.  I would then offer an alternative \"\"loan\"\" of some amount of money to help them get financing on their own.  The key here is the \"\"loan\"\" I offer is really a gift and should it ever be returned I would be floored and overjoyed.  I wouldn't give more than I can afford to not have. Part of why I'd be honest to spread the good word about responsible money handling.  Co-signed loans (and many loans themselves) probably aren't good financial policy if not a life & death or emergency situation.  If they get mad at me it won't matter too much because they are family and that won't change.\""}
{"_id": "161703", "title": "", "text": "The only valid reason from a financial point of view is if the raise is a promotion or comes with conditions that are unacceptable to you. You may not want added supervisory responsibilties, for example. You need to use discretion when refusing advancement though, at places where I have worked, declining a raise or promotion is seen as a career killer for some circumstances."}
{"_id": "161706", "title": "", "text": "Best Buy has always had high prices and horrible customer service. Can you tell I have a chip on my shoulder? lol they installed a stereo in my truck and broke the ac which cost me over $1900 to fix. After weeks of having a lawyer hound them, they sent me $1000 to settle the claim. Wasn't worth my time to miss work for small claims court. P.S. why is $1900 and the common man considered small claims? Big companies like Best Buy and Paypal just bully people using the law, and I'm sick of it!"}
{"_id": "161709", "title": "", "text": "\"See [bilaterals.org for lots more on this medicine issue](http://www.bilaterals.org/?+-medicines-+) around the world.  They are clearly pushing the meme [\"\"People shouldn't ever be put above unfettered profits\"\"](http://content.healthaffairs.org/content/28/5/w957.full), Seriously.  Did you know, these deals [are irreversible, they last forever](http://www.bilaterals.org/?website-reveals-how-us-could) and bind all future governments/inhabitants of the same geographic areas unto eternity.  So, no more four year terms for corrupt officials, their bad decisions can curse a country for god knows how long, no limit!  What a scam.    Shhhh! Big secret.     http://citizen.typepad.com/eyesontrade/2013/11/38-million-retirees-say-no-to-a-trade-deal-that-would-make-medicine-more-expensive.html\""}
{"_id": "161714", "title": "", "text": "Jesus you're retarded. Should he take the time out of his day to condemn every group that might like him individually? He condemned the violence on both sides and political violence in general. What more do you fucking want? Do you want him to flog himself publicly and apologize for being white? The absurdity of the left's expectations for him is palpable and the only thing holding up most of their condemnations is pedantry. Literally nothing he does will satisfy you/ them so why bother? If anything he shouldn't have said anything about it just to piss you people off so you make a fool of yourselves. Should business owners and public figures issue public statements condemning any white supremacists that might be patrons or admirers of their work? It's preposterous to assume so, so why assume the same with the president?"}
{"_id": "161722", "title": "", "text": "Have you tried their site? Some places may have portions available though also beware that some companies may charge for some of their research pieces."}
{"_id": "161724", "title": "", "text": "\"So you being born where you were with the opportunities you were given, just because you made the most of them you feel that luck wasn't any part of it?  And a child born in a very poor, impoverished location without those opportunities should be expected to succeed just as well as you, and if they didn't then that means they just \"\"didn't work as hard as you\"\"?  I'm sorry, but fuck everything about that sentiment.  Sure, you worked hard, pat yourself on the back.  But dismissing everyone else in the world simply because you think they just didn't work as hard as you completely misses the Lewis' point.  You were lucky to even have those opportunities, you should at the very least be thankful that you were given those opportunities.\""}
{"_id": "161727", "title": "", "text": "Well, sure, why else would you buy them? Is it illegal now to accept money *from* PDVSA? Because I know my company does business with them, and if we are going to ship what we built for them, we need to see the money."}
{"_id": "161746", "title": "", "text": "There is no guidance specifically for this yet, but in my professional opinion, there is not going to be a like kind exchange for crypto. So when you exchange one crypto for another there will be a capital gain, but your basis in the new coin will be the total gain on the old coin."}
{"_id": "161754", "title": "", "text": "Thanks for the reply!  Sadly, I have considered NYC, Chicago and even London, but my heart is set on Toronto. Also, I'm not quite sure I know what you mean by siphoning funds. I wasn't aware that financial engineers in Toronto do things differently than financial engineers in the US."}
{"_id": "161758", "title": "", "text": "\"myRA is a name for a proposal Obama made to make IRA more accessible to people who are employed but don't have access to the traditional employer-sponsored retirement plans. However, other than making IRA more accessible - there's nothing in that plan that doesn't exist already. You can open IRA yourself and deposit money there yourself. The only thing \"\"myRA\"\" proposal adds is an ability to deduct money automatically from your paycheck and deposit it into your IRA without you doing it manually. Bottom line - it is just a proposal, not an existing program, that makes things you're already doing easier for people who are not doing it yet.\""}
{"_id": "161790", "title": "", "text": "\"I'm against frivolous litigation, but this is not frivolous.  If you saw an \"\"Irish need not apply\"\" sign on the outside of a store like in the old days, you'd think it was despicable.  This is just a little less obvious example.\""}
{"_id": "161834", "title": "", "text": "You're missing the point. I'm suggesting (maybe poorly) that we should boycott corporations who support this legislation. I feel that few movies would be missed, although others would disagree. Which is their right, constitutionally as it would happen.   If a studio does not support the legislation, I suggest supporting them with the dollars you would otherwise spend supporting the boycotted studios.   No doubt movies are art, as is literature, fine arts and so on. I support a person or company's right to intellectual property, and their right to protect it. I do not support, and can not support a corporation or person who supports, the broad ham-fisted approach that is SOPA. I believe that it is a direct attack on our freedom of expression, and thus supporters of it are attacking our freedom of expression.   I'm appalled that you would not sacrifice the enjoyment of a film to try to voice your opinion that you deserve the right to voice your opinion.   The people supporting SOPA are the buggy whip manufacturers lobbying against the auto industry. They need to innovate instead of stifling the free communication of ideas."}
{"_id": "161861", "title": "", "text": "\"My guess is they are fishing for business for their in-house finance person. In the UK, all the estate agency chains (and many of the smaller outfits) have financial advice firms they are affiliated with, often to the extent that a desk in each branch will be for 'the finance guy' (it's usually a guy). The moment you show any sign of not quite having the finances for a place you like, they will offer you a consultation with the finance guy, who \"\"will be able to get you a deal\"\". On commission, of course. What you need to say with regards to financing is (delete as applicable) \"\"I am a cash buyer\"\" / \"\"I have an Agreement In Principle\"\". And that's it. They do not 'need' to know any more, and they are under obligation to pass your offer on to the vendor.\""}
{"_id": "161890", "title": "", "text": "\"in undergrad business, you will have a broad scope of information to cover, and schools and professors will vary widely in how they approach it.  it will be hard to say for certain how you can edge out your peers before knowing what they are looking for. however, finance and business are intellectually nebulous, especially at the undergrad level. your best bet is to maintain a broad set of interests and stay well read on them.  i would recommend watching Bloomberg fairly regularly, opening a brokerage account and taking advantage of the reps you can talk to, and reading news like The Atlantic and Washington Post,  among others, as long as they are well reasoned and contemporary accounts. classic and modern economics books will give you superior frameworks in which to look at the \"\"smaller\"\" world of finance, which should set you apart from your peers as well.\""}
{"_id": "161894", "title": "", "text": "What sort of items? That being said, I am cheap and not brand loyal...I buy what's on sale. I have never seen 'everyday items' cheaper than the grocery store or Aldi or Costco (places where I most of my shopping when not shopping online)."}
{"_id": "161895", "title": "", "text": "The reason to do a stock split is to get the price of the stock down to an affordable range. If your stock costs $100,000 per share, you are seriously cutting in to the number of people who can afford to buy it. I can think of two reasons NOT to do a stock split. The biggest is, Why bother? If your stock is trading at a reasonable price, why change anything? It takes time and effort, which equals money, to do a stock split. If this serves no purpose, you're just wasting that effort. The other reason is that you don't want to drive your stock price down too low. Low prices are normally associated with highly speculative start-up companies, and so can give a wrong impression of your company. Also, low prices make it difficult for the price to reflect small changes. If your stock is trading at $10.00, a 1/2 of 1% change is 5 cents. But if it's trading at $1.50, a 1/2 of 1% change is a fraction of a penny. Does it go up by that penny or not? You've turned a smooth scale into a series of hurdles."}
{"_id": "161897", "title": "", "text": "\"As an opinion column that uses the word \"\"toxins\"\" I can't help but dismiss it entirely.  [Here is the summary of the study](http://www.leopold.iastate.edu/news/07-09-2012/higher-diversity-fewer-inputs-make-profitable-farms) which is much clearer about their results, the problems, and lacks the \"\"oh no not CHEMICALS\"\" woo.\""}
{"_id": "161900", "title": "", "text": "\"&gt; but I think Microsoft have hit the money with the idea of the Surface Pro  The problem is that they are not taking the **idea** of \"\"Surface\"\" to it's necessary &amp; logical (practical) extent.  IMO there ***is*** a market for a really LARGE (like 2 ft x 3 ft) single surface interactive screen-based computer -- **solidly mounted in a fully tilt-able (and height adjustable) manner akin to a drafting table or a large \"\"paste up\"\" board** -- something that you can comfortably sit at (or raise and stand in front of) and lean in to work on -- IOW, something that is capable of really being a *true* ***desk-top***, as in capable of displaying multiple pages, or a (one or more) large blueprint sized drawings.  CAD people would LOVE that.  Publications people would EAT it up! And even general office workers &amp; business people would probably like it as well.  (So the thing *doesn't* have to be lightweight &amp; portable, much less \"\"thin\"\" to achieve that, in fact some \"\"heft\"\" &amp; thickness/weight would probably be a beneficial thing, provided the base was solidly built -- and in fact the computer doesn't *have* to be part of the screen, it could be in a box located on the support structure underneath somewhere).  *In a lot of ways I think people are TRYING to achieve that very thing with DIY multiple monitor arrays.*  They ALMOST had it with the [\"\"surface/table\"\" concept (renamed PixelSense)](http://static.trustedreviews.com/94/00002387d/51cf_orh350w620/Microsoft-Surface-PixelSens.jpg) but they apparently they are too caught up in the gaming/Star-Trek concept origins, and don't realize that working \"\"hunched over\"\" on a flat (horizontal) surface (especially some \"\"coffee table\"\" height thing, but [even seated](http://www.blogcdn.com/www.engadget.com/media/2011/01/surface-2-hands-dsc0297-rm-eng.jpg)) is just a *literally* royal frigging **pain in the neck.** (Besides, most work is text/image related and has an up/down orientation on the display -- no one really WANTS to be on the opposite side looking at shit upside-down, much less on the two adjacent sides looking at things while trying to cock your head 90 degrees). And hanging the thing on the **wall** doesn't work well for most applications either.  It's [much like the curved screen concept thing in the Minority Report flick](http://blog.templatemonster.com/wp-content/uploads/2012/12/minority-report.jpg)... looks cool, but who the hell wants to **stand** in front of a permanently high-mounted screen all day (much less have to **stretch-reach** several feet away to \"\"grab\"\" something ... and even worse to \"\"grasp\"\" something in the nothingness of mid-air).  Much like the [Star Trek horizontal \"\"pool table\"\" screen thing](http://www.ex-astris-scientia.org/inconsistencies/props/pooltable-hollowpursuits.jpg)... it *looks* like it works in a movie &amp; TV (and for the types of things they are using them for) ... but not very practical for most real life computer applications.\""}
{"_id": "161925", "title": "", "text": "Nh\u1eefng n\u1eef ti\u1ebfp vi\u00ean n\u00e0y b\u1eaft \u0111\u1ea7u c\u00f4ng vi\u1ec7c c\u1ee7a h\u1ecd b\u1eb1ng c\u00e1ch ch\u1edd \u0111\u1ee3i trong m\u1ed9t ph\u00f2ng \u0111\u1eb7c bi\u1ec7t. Khi kh\u00e1ch h\u00e0ng c\u1ea7n, \u201cm\u00e1 m\u00ec\u201d s\u1ebd \u0111\u01b0a kh\u00e1ch v\u00e0o ph\u00f2ng \u0111\u1eb7c bi\u1ec7t n\u00e0y v\u00e0 b\u1eaft c\u00e1c \u201cem \u00fat\u201d \u0111\u1ee9ng th\u1eb3ng, x\u1ebfp th\u00e0nh hai h\u00e0ng cho kh\u00e1ch th\u1ecfa m\u1eaft ch\u1ecdn l\u1ef1a."}
{"_id": "161934", "title": "", "text": "There are some excellent responses to this question at the time of this post. I have had the greatest success writing 1-month options. The 2 main reasons are as follows: With little time to expiration as stated in the question the implied volatility of the option is dictating the premium. Looking for the highest premiums is a mistake because you are taking a conservative strategy and re-creating it into a high-risk strategy. My sweet spot is a 2-4% monthly return for my initial profit and then mastering management techniques to protect that return and even enhancing it."}
{"_id": "161939", "title": "", "text": "I agree with this as well.   I don't think a lot of people in the US realize that immigration is one of the US's saving graces when it comes to future economic growth. Only India's population will grow faster than the US's on a % basis over the next 15 years or so.  I also agree on the financial panics lasting 7 years. The Reinhart and Rogoff piece even suggested that the US experienced a run of the mill financial panic based on previous historical experiences."}
{"_id": "161947", "title": "", "text": "Reading your other comments, it's obvious you're just a troll so I'm not going to waste my time debating you. At least I'm hoping you're a troll, because it's easier for me to believe there aren't actually people as moronic as you in the world."}
{"_id": "161956", "title": "", "text": "Vikasmarg.com is a portal which allows you post the ads freely. The range includes business services, advertising services, and organizing events and so on. The portal offers you several advantages to buy, sell and lease the things in a faster manner. The ads contain complete information about the products and services as well as the contact information of the buyer and seller."}
{"_id": "161962", "title": "", "text": "I think if you transfer money from your account in Germany to your account in Canada you don't have to pay any taxes. However if you get any interest on your deposits, you probably have to pay tax (and probably in Canada) regardless where the account is."}
{"_id": "161966", "title": "", "text": "Does the Spanish market, or any other market in euroland, have the equivalent of ETF's?  If so there ought to be one that is based on something like the US S&P500 or Russell 3000. Otherwise you might check for local offices of large mutual fund companies such as Vanguard, Schwab etc to see it they have funds for sale there in Spain that invest in the US markets.  I know for example Schwab has something for Swiss residents to invest in the US market.  Do bear in mind that while the US has a stated policy of a 'strong dollar', that's not really what we've seen in practice.  So there is substantial 'currency risk' of the dollar falling vs the euro, which could result in a loss for you.  (otoh, if the Euro falls out of bed, you'd be sitting pretty.)  Guess it all depends on how good your crystal ball is."}
{"_id": "161980", "title": "", "text": "I'm not saying new jobs aren't created every day with the increased pace of technology, I'm just saying it's not fair to claim that every job a robot replaces will be made up for 1:1 with a robot support job and that the only thing holding that back is education.   Also, I'm not arguing against technological progress in general. The distinct difference with automation is that it replaces jobs. When we went from horses to cars, over time people migrated from one transportation support role to another. Carriage drivers (or their children) became taxi drivers with time. What I'm wondering is what happens when those roles are *replaced* not changed. When all taxis and trucks are driven by robots, what happens to those people? It's not like they become flying taxi or flying truck operators. Those jobs just don't exist any more.   The impact of automation to date has been absorbed as we have transitioned to a services based economy rather than a production based economy, but I can't see what we would transition to if many of the services we receive and all of production are no longer provided by humans."}
{"_id": "161985", "title": "", "text": "\"Are you asking \"\"what does everybody else do/spend\"\"?  I think any amount less that 90% is \"\"safe\"\", but if depends on your goals.  Saving a \"\"dime of every dollar\"\" is a good rule of thumb for retirement, so 90% is left to spend. But I believe that is the wrong way to think about it.  You have expenses; some are optional and some are not.  The percentages aren't the important thing.  What is important is that you meet your obligations and meet your goals.  Everybody is different, so I don't think you can reasonably your percent of expenses to somebody else. In setting up your budget, go the simple route.  You can always get super detailed later if you want. INCOME As you have extra funds, be sure you have an emergency fund (~6 months of expenses) and a fully funded retirement.  Pay off any outstanding debts.  If you are so fortunate to have some left over, then revisit the savings amount or become an investor like many people here; or have fun and go on vacations; or buy a nicer car.  The point being you will know you can afford it. If you put detailed categories under those main categories, that will give you a picture of where you spend you money and you can fix that if desire.  If it bothers you that you spend 15% of your income on imported classical music, you can adjust that with a habit change.\""}
{"_id": "161988", "title": "", "text": "People can engage in whatever mental gymnastics that they want if they're only reading the headline. There's no way to get enough information from it to be educated on the subject. Even your headline, I can dismiss the statistics because I don't know the source. I can still throw in my own anecdote to dispute it. A person's ignorance and personal beliefs can trump even the best crafted sentence.  I don't think headline readers are any better or worse off reading the current headline or yours."}
{"_id": "162012", "title": "", "text": "\"Robin Hood stole from the GOVERNMENT because they had OVERTAXED the people. \"\"Robin Hood tax\"\" is some 1984 orwellian bullshit. It's like saying \"\"free slavery\"\". Robin Hood's entire basis was to reduce taxation by giving the people back their god damn money from the taxing king.\""}
{"_id": "162029", "title": "", "text": "It is. I stopped using Uber. I use Lyft exclusively now, even tho they cost a little more.  Obviously one customer is not going to have a huge impact on a billion dollar company, but a real businessman knows every dollar you lose is hurting your business. That is, a businessman interested in success, rather than mediocrity, knows that."}
{"_id": "162039", "title": "", "text": "Birthdays are the most awaited time of a child\u2019s diary and trying to make it special is every parent\u2019s dream. So, if you have a daughter and you are planning a birthday for her and her girl gang, then \u2018Spa on Wheels\u2019 can be the best idea that can assure an exciting as well as glamorous treat."}
{"_id": "162047", "title": "", "text": "The prices dropped because the scandal could mean: This some people estimated that the company could lose money, or have smaller profit. Thus each share was worth less money going forward. The mechanism is that in order to sell their shares the current share owners had to settle for lower prices."}
{"_id": "162103", "title": "", "text": "That's not how pension funds work. Individuals don't have their own account. They have a promise for a guaranteed amount of income. The money gets managed all together in one giant pool by professional investors. And these are the investors that the article is talking about.  They're not a bunch of billionaires refusing to invest idle cash. They're often bureaucrats in charge of sovereign wealth funds that are desperately trying to earn enough interest to meet their obligations. Taxing them more isn't going to help anything."}
{"_id": "162159", "title": "", "text": "\"I use the (gratis, libre) command-line program ledger for my personal accounts.  It handles funds across accounts gracefully, through a feature called \"\"Virtual Accounts\"\".  A transaction can add or subtract money from a virtual account, which need not balance with all the other entries in the transaction.  Then it's just a matter of setting up reports to include or exclude these accounts.\""}
{"_id": "162176", "title": "", "text": "If you're maxing out your 401k, just save in tax-efficient investments like stocks and tax efficient funds.  If you live in a state with income taxes, look at municipal bond funds for some tax-free income. In 2011, be careful with bond funds and look for short duration funds."}
{"_id": "162202", "title": "", "text": "Your parents would file their taxes as they normally do. It would be as if your parents were landlords renting a room to your girlfriend. She would not be claimed on their taxes. If your girlfriend pays rent to your parents (through her parents or otherwise) it would be claimed as rental income. The household size wouldn't change because even though your girlfriend is living with your parents they are not financially responsible for her. Example: A landlord would not claim renters as dependents or in household size on their taxes."}
{"_id": "162212", "title": "", "text": "Why limit yourself to $28K per year?  If you pay the tuition directly to the institution, it does not count against your annual or lifetime gift-giving totals.  You could pay the entire tuition each year with no tax consequences. The only thing you can't do if you want to go this route is give the money to your children; that's what causes the gift tax to kick in.  The money must be paid directly to the school."}
{"_id": "162230", "title": "", "text": "So you don't have to click the link   &gt;When the 30-year bond yield begins the year below 4%, stocks go up 22.1%.  &gt;When investment grade bonds yield below 4%, stocks go up 16%.  &gt;When high yield bonds yield below 8%, stocks go up 11.6%.  &gt;When cash as a percent of asset for non-financials is above 10%, stocks go up 17.6%.  &gt;When the Fed tightens 0-75 basis points in the year, stocks go up 22%.  &gt;When oil falls more than 20%, stocks go up\u00a027.5%."}
{"_id": "162239", "title": "", "text": "Lobbyists wrote it. Its all the things that they want but could never get in an election. Plus, once they are in a trade deal, they can't ever be reversed, even by future administrations, even political upheavals cant change them. Because they give corporations ownership rights to the countries markets that can't be taken away or changed by governments or they have to pay. The taxpayers have to compensate MULTINATIONAL corporations for things like regulations.The trade deals are a new supranational system which elevates multinational corporations to a place where they can sue nations if they change the rules after a corporation has invested some money in the situation. Politicians can do whatever they want *as long as it doesn't effect any multinational corporations business interests adversely.*   For example, they can do things which make them *more* profitable, just not less. that leaves them as always having to impact people because people dont exist in this system except as a passive buyer in the marketplace which cannot be devalued by - for example, public services which devalue markets. The country would have to reimburse the owners for the lost profits."}
{"_id": "162247", "title": "", "text": "There are so many unnoticed issues and concerns that arise on a building\u2019s attic or roof cavities with poor ventilation systems. For this reason, it is important to learn some of the requirements to eliminate mold or mildew problems caused by excess moisture and other causes that will affect the lifespan of a housetop covering."}
{"_id": "162263", "title": "", "text": "If the transfer is from a country in Euro region, then yes, using Does, it's possible. However if it's outside then all other details are required. Edit IBAN is used by EURO countries and is supposed to simplify things. However till its fully adopted by all countries and clearing networks, there is quite a bit of confusion and complexity for individuals.   Low Value Transfer in Euro region in EUR currency is on SEPA network that only understands IBAN and only supports EUR currency. If you are transfering within UK [both banks in UK] in GBP, it would go on BACS network that only understands SortCode+AccountNumber. There are some Banks that give you interface that take an IBAN and convert to SortCode+AccountNumber and submit to BACS."}
{"_id": "162278", "title": "", "text": "Definitely a good idea, but the headline is not accurate.  In the body of the piece it says he is 'on track to be profitable on $1 million in revenues' which in venture-speak means he has not yet reached that revenue level yet- and that he has received $2 million in venture financing."}
{"_id": "162280", "title": "", "text": "Wouldn't this just have the same effect as student loans (ie: rising tuition costs)?  If I'm a for-profit school and my students are now getting paid $X per semester for attending, why not just raise tuition by $X?"}
{"_id": "162286", "title": "", "text": "\"By living in Sweden and having a Swedish personal identification number (personnummer), you are required to declare your entire worldwide income for tax purposes with the Swedish tax authorities, Skatteverket. It would seem to not make any difference if some of that income is kept outside of Sweden. A company that has no permanent base of operations within Sweden should not deduct any preliminary taxes for an employee that lives in Sweden. Rather, the employee should apply for \"\"special A tax\"\" (\"\"SA\"\" tax status), and pay the taxes that, had the company had a permanent base of operations in Sweden, the company would have paid. The information available on the tax authority's web site in English seems limited, but the relevant page in Swedish in your situation is very likely L\u00f6n fr\u00e5n utl\u00e4ndska arbetsgivare utan fast driftst\u00e4lle i Sverige. There is a summary at Paying taxes \u2013 for individuals. Particularly do note the summary section: When staying for at least six months, you are considered as resident in Sweden for tax purposes, and are liable for taxation in Sweden on all of your worldwide income. You must also file a Swedish income tax return. Your tax return must be filed no later than May 2nd of the year after the fiscal year. as well as that: If you stay in Sweden for a continuous period of at least six months you are considered to be resident in Sweden. /.../ As a resident you are liable for taxation in Sweden on all of your worldwide income. In some cases a tax treaty with with your ordinary country of residence  may limit the Swedish taxation. /.../ For a more detailed answer, including which exact forms you need to fill out and what data is needed, I strongly recommend that you either contact Skatteverket (they are usually quite nice to deal with, and they tend to realize that everyone benefits from getting the tax paperwork and payments right from the beginning), or find an attorney specializing in Swedish tax law. They even point out themselves that (my emphasis): the practical applications of these rules are relatively complicated and for more information you can contact the Tax Information (\u201cSkatteupplysningen\u201d) at 0771 567 567.\""}
{"_id": "162294", "title": "", "text": "You would be surprised. I work in a grocery store where poor customers use a food stamps card to buy their groceries but pull out a debit card for a $60 carton of cigarettes and a $20 case of beer. They use the money they should be using for food on other things because they get an EBT card."}
{"_id": "162296", "title": "", "text": "Global Trade Connect provides tools and a platform for connecting buyers across the world with maximum suppliers. You can get information about different buyers and customers by visiting Buyers directory through online and offline resources. If you list in our directory, then you will have every option to know their contact details and address details with the help of your registration. For more information you can visit our website globaltradeconnect.com."}
{"_id": "162298", "title": "", "text": "It wasn't that long ago that Tim Horton's was owned by Wendy's, another American fast food chain. The only reason Investment Canada would have to block a foreign takeover would be if it would risk Canadian jobs (which this one wouldn't) or risks putting an important Canadian resource in foreign hands (which this takeover also wouldn't).  Investment Canada has only blocked two foreign acquisitions of Canadian companies in the past 25 years."}
{"_id": "162300", "title": "", "text": "When you are creating a cafe or designing an office all you must do is invest in the best quality desks and chairs. This is because apart from the interior design these things will matter a lot. A good set of desks and chairs can actually enhance the look of the office."}
{"_id": "162330", "title": "", "text": "\"**Put aside the politics?**  That's laughable for an article that is nothing BUT politics.  For starters the artificially false conflation of *everyone* as if their behavior were homogeneous, when in reality it is a full spectrum (there are many people with not only ZERO debt, but substantial assets, including very productive assets).  Ergo the argument that there is some egalitarian \"\"solution\"\" to this by treating everyone the same way... is in fact a POLITICAL assumption (and a very biased one at that).\""}
{"_id": "162335", "title": "", "text": "\"[Union membership is way down in the US.](http://en.wikipedia.org/wiki/File:Union_membership_in_us_1930-2010.png) \"\"Plenty\"\" is a relative and relatively meaningless term. The real question is, do unions have any power to counterbalance that of corporations and politicians, and I think in the US the answer is that they have minimal power.\""}
{"_id": "162336", "title": "", "text": "At Allfreight finance our commitment is to provide our clients with the highest quality and comprehensive range of financial services, the team here offer reliable and transparent commercial truck financing and new truck financing. Vehicles like vans, dual cabs, refrigerated trucks, pan tech trailers, tippers, light trucks, and other heavy vehicles. To know more in details contact us today."}
{"_id": "162337", "title": "", "text": "\"Absolutely! Superstar employees are a conceived threat to management and managers who know they they are not to the level of those employees and those employees may gain too much power, etc. Pure political games.  Also, once you get rid of a superstar employee, you need to hire 10 other people to replace that person... who will make a big mess... so you need even more managers/management and also more employees.  It's very simple.  The only reason superstar employees keep their job is the fear of a big mess if they are let go.  Also, NEVER EVER(!) promote those superstar employees, despite the urgent need for their talent to be transferred to others and use their talent in higher up positions.  I am a Superstar employee, 20 years in my company, know things and systems that no one else knows and systems I created are responsible to 90% of sales. I am not kidding, I am not making up things and, yes, I can brag. I do the work of at least 10 \"\"normal\"\" employees.  Despite that, I would have been fired long time ago.  I did not and will not... for next 4 years... until my planned retirement, when I want to get fired.  I am smart to not get fired because I limit the ton and arguments I have with the \"\"enemies\"\". I am also very passive-aggressive. I found it much better to let them go their way and watch them and \"\"help\"\" them fail. Why do they fail? Because I know they right way, and because I know the right way, they will automatically select another way which is doomed.  **Think Dilbert! This comics are actual true and accurate representation of what happens in almost all companies.**  Oh, the stories I can tell you! I am 20 years in the company, and many many \"\"brilliant\"\" managers came and let go.  Lastly, I am well respected in the company, but the \"\"enemies\"\" who don't like me make it not so nice at times for me.  P/S: an even bigger superstar employee than me, a friend of mine, a different company, was let go because of politics. He told me that his work is now done by 16 new employees and a big mess still going on. I am totally believe him and not surprised at all.\""}
{"_id": "162389", "title": "", "text": "The IRR is the Discount Rate r* that makes Net Present Value NPV(r*)==0. What this boils down to is two ways of making the same kind of profitability calculation.  You can choose a project with NPV(10%)>0, or you can choose based on IRR>10%, and the idea is you get to the same set of projects.  That's if everything is well behaved mathematically. But that's not the end of this story of finance, math, and alphabet soup. For investments that have multiple positive and negative cash flows, finding that r* becomes solving for the roots of a polynomial in r*, so that there can be multiple roots.  Usually people use the lowest positive root but really it only makes sense for projects where NPV(r)>0 for r<r* and NPV(r)<0 for r>r*.   To try to help with your understanding, you can evaluate a real estate project with r=10%, find the sum future discounted cash flows, which is the NPV, and do the project if NPV>0.   Or, you can take the future cash flows of a project, find the NPV as a function of the rate r, and find r* where NPV(r*)==0. That r* is the IRR.  If IRR=r*>10% and the NPV function is well behaved as above, you can also do the project. When we don't have to worry about multiple roots, the preceding two paragraphs will select the same identical sets of projects as meeting the 10% return requirement."}
{"_id": "162396", "title": "", "text": "CLM is a Closed End Fund. It is a collection of other securities that trades as if it were stock issued by a single company. NASDAQ cares about how it trades, so that would be why they list it as you say they do.  Here is a list of their top 25 holdings: http://portfolios.morningstar.com/fund/holdings?t=CLM&region=usa&culture=en-US"}
{"_id": "162405", "title": "", "text": "I hate apples business practice down to the core, but whenever a not-so-tech-savvy friend or older gentleman/lady asks me what I think about Apple,...I cite their customer service.  A lot of the other companies out there either require a million dollar service package, or you are on the phone with a call center in India.  I don't mind this myself as I love the freedom it gives me over Apple (Hell, none of my software/hardware (except my laptop) is an OEM package)...but for an older lady who just cant seem to figure out how to get her email open...an apple care center (or whatever they call them, genius bars?) down the road is a fantastic option."}
{"_id": "162420", "title": "", "text": "\"I think, the top three answers by Joe, Anthony and Bigh are giving you all the detail that you need on a technical sense. Although I would like to add a simple picture that underlines, that you can not really compare day trading to long-term trading and that the addictive and psychologic aspect that you mentioned can not be taken out of consideration. The long term investor is like someone buying a house for investment. You carefully look at all offers on the market. You choose by many factors, price, location, quality, environment, neighborhood and extras. After a long research, you pick your favorites and give them a closer look until you finally choose the object of desire, which will pay off in 10 years and will be a wise investment in your future. Now this sounds like a careful but smart person, who knows what he wants and has enough patience to have his earnings in the future. The short term investor is like someone running into the casino for a game of black-jack, roulette or poker. He is a person that thinks he has found the one and only formula, the philosopher's stone, the money-press and is seeking immense profits in just one night. And if it does not work, he is sure, that this was just bad coincidence and that his \"\"formula\"\" is correct and will work the next night. This person is a pure gambler and running the risk of becoming addicted. He is seeking quick and massive profits and does not give up, even though he knows, that the chances of becoming a millionaire in a casino are quite unrealistic and not better than playing in a lottery. So if you are a gamer, and the profit is less important than the \"\"fun\"\", then short term is the thing for you. If you are not necessarily seeking tons of millions, but just want to keep your risk of loss to a minimum, then long term is your way to go. So it is a question of personality, expectations and priorities. The answer why losses are bigger on high frequency signals is answered elsewhere. But I am convinced in reality it is a question of what you want and therefore very subjective. I have worked for both. I have worked for a portfolio company that has gone through periods of ups and downs, but on the long term has made a very tempting profit, which made me regret, that I did not ask for shares instead of money as payment. These people are very calm and intelligent people. They spend all their time investigating and searching for interesting objects for their portfolio and replace losers with winners. They are working for your money and investors just relax and wait. This has a very serious taste to it and I for my part would always prefer this form of investment. I have worked for an investment broker selling futures. I programmed the account management for their customers and in all those years I have only seen one customer that made the million. But tons of customers that had made huge losses. And this company was very emotional, harsh, unpersonal - employees changing day by day, top sellers coming in corvettes. All the people working there where gamblers, just like their customers. Well, it ended one day, when the police came and confiscated all computers from them, because customers have complained about their huge losses. I am glad, that I worked as a remote developer for them and got paid in money and not in options. So both worlds are so different from each other. The chances for bigger profits are higher on day trading, but so are the chances for bigger losses - so it is pure gambling. If you like gambling, split your investment: half in long term and other half in short term, that is fun and wise in one. But one thing is for sure: in over ten years, I have seen many customers loosing loads of money in options in the future markets or currencies. But I have never seen anyone making a loss in long term portfolio investment. There have been hard years, where the value dropped almost 30%, but that was caught up by the following years, so that the only risk was minimizing the profit.\""}
{"_id": "162428", "title": "", "text": "As an electric vehicle engineer... I can say that shitty 18650 batteries are not the only bottleneck in vehicle production. If your supply chain is completely dependant on out of date battery technolgy, one small part of an EV,  the vehicle will be postponed a great deal. There are many many facets to vehicle production than 1/5 of the powertrain."}
{"_id": "162440", "title": "", "text": "Are the topics of phone calls getting logged? If you have a list of the top 10 most popular phone call reasons, then you could start with those. Sit down with someone who is currently answering phones, and ask them how they resolve issues for the most common call topics.  That's what I've done in the past, and it went pretty smoothly. Of course, if there's been no trend tracking, it makes it difficult to retroactively gather that information."}
{"_id": "162454", "title": "", "text": "Yes. Instead of paying a cash dividend to shareholders, the company grants existing shareholders new shares at a previously determined price. I'm sorry, but scrip issues are free (for all ordinary shareholders) and are in proportion to existing share holding. No payment is required from shareholders. So instead of having 10 $1 shares, the shareholder (if accepts) now could have 20 50p shares, if it was a one-for-one scrip issue."}
{"_id": "162456", "title": "", "text": "I'm not familiar enough with finance in any capacity to know what the difference is between financial services or a finance department (beyond what you said); my familiarity of the industry extends to trading, rating, and financial law enforcement. But at a glance on mobile, that looks like pretty much exactly what I was looking for. I have no connect to the industry, but habe been on a Wall St media binge lately, and like to understand powerful/influencial sectors of society anyways. Thanks."}
{"_id": "162464", "title": "", "text": "\"Videos in this thread:  [Watch Playlist &amp;#9654;](http://subtletv.com/_r6v5nrj?feature=playlist&amp;nline=1)  VIDEO|COMMENT -|- [Richard Spencer - I Am A Socialist And I Hate The Right Wing](http://www.youtube.com/watch?v=uGhXo_a5NAM)|[+3](https://www.reddit.com/r/economy/comments/6v5nrj/_/dly686k?context=10#dly686k) - Hey, I have brains! Maybe I'll google it!  ...  Ok, so it says here, in regards to the alt-right, that: \"\"White supremacist Richard Spencer coined the term in 2010\"\"  And then, here's that guy that coined the term and is a major leader in the movement ... [Responsibility to the Poor](http://www.youtube.com/watch?v=Rls8H6MktrA)|[+2](https://www.reddit.com/r/economy/comments/6v5nrj/_/dly9xcd?context=10#dly9xcd) - To me that's a failure on a collective level.   I'd say it's more of a failure on a personal level. Without the mass of wealth that exists due to capitalism and free trade, there would be nothing to support anyone with. We wouldn't have to worry abou... (1) [Fake Begger Makes $100,000 year - The Real way to earn money Panhandling!](http://www.youtube.com/watch?v=MPH4jl5kGp4) (2) [How Much Money I Made As A Panhandler - Confessions #4](http://www.youtube.com/watch?v=uLc7VCznliU)|[+1](https://www.reddit.com/r/economy/comments/6v5nrj/_/dlyyfc9?context=10#dlyyfc9) - When you only other choice is OR DIE, it's pretty much slavery. Getting to choose your master, oh I'm sorry, \"\"career path\"\" is just mincing words.   What do you think would happen if there were no other humans around? You'd have to work or die.   You ... I'm a bot working hard to help Redditors find related videos to watch. I'll keep this updated as long as I can. *** [Play All](http://subtletv.com/_r6v5nrj?feature=playlist&amp;ftrlnk=1) | [Info](https://np.reddit.com/r/SubtleTV/wiki/mentioned_videos) | Get me on [Chrome](https://chrome.google.com/webstore/detail/mentioned-videos-for-redd/fiimkmdalmgffhibfdjnhljpnigcmohf) / [Firefox](https://addons.mozilla.org/en-US/firefox/addon/mentioned-videos-for-reddit)\""}
{"_id": "162467", "title": "", "text": "Canadian departure tax is implemented as a deemed sale gains proceeds taxation. Check here for details. What it means is that you're taxed on the difference between your FMV on the date of terminating residency and your Canadian cost basis (FMV when you acquired residency, or regular cost basis if you acquired the assets while being resident of Canada). It doesn't matter if you actually withdraw the money or not, it has no significance. You'll have to pay the tax either way."}
{"_id": "162477", "title": "", "text": "Can you point me to where you got the figure for number of car crashes? If it cost $230k per accident, based on the the total cost of $270 billion, that would mean there were ~1.17 million accidents. [Based on the 2010 census, there were 5.5 million accidents](http://www.census.gov/compendia/statab/2012/tables/12s1114.pdf) Unfortunately, they didn't have the 2010 figures which this report is based on but let's assume this figure would remain around there. Then we'd come out to $49,000 / accident."}
{"_id": "162488", "title": "", "text": "Identify the market and time period. Use the [capital asset pricing model](http://en.wikipedia.org/wiki/Capital_asset_pricing_model) to determine the market beta(http://en.wikipedia.org/wiki/Beta_(finance) for your given stock and interpret the results (if your stock plots above the security market line, it means you are getting higher return for your risk, with consideration of the affects of market risk).  Maybe give a more detailed question? You might simply need to compute a modified [Sharpe Ratio](http://en.wikipedia.org/wiki/Sharpe_ratio) using the market (during the time you've decided is the recession) as the risk free rate. Tough to give a good answer to such a general/non-specific question.  EDIT: link formatting - can't get the beta page to link because of '( )' in url"}
{"_id": "162497", "title": "", "text": "\"Pick up that straw. Your Apple/Amazon examples have nothing in common with the subject at hand.  If you can't tell the difference between \"\"licensed, underutilized professional equipment/drivers\"\" and bending/breaking:     1. Labor laws     2. Vehicle registration categories     3. Driver licensing rules     ...and engaging in auto insurance fraud, I've got nothing else to say.\""}
{"_id": "162500", "title": "", "text": "The procedure entails developing an account in addition to every with the search engines like Google through which local business listing is going to be claimed. This account is dedicated to you personally and used only for the company\u2019s listings. You retain possession of this account, and administration from the accounts could be fully utilized in you at the finish of anything."}
{"_id": "162501", "title": "", "text": "I love the flat rate VAT scheme. It's where you pay a percentage based on your industry. An example might be Computer repair services, where you'll pay 10.5% of your total revenue to the HMRC. But you'll be invoicing for VAT at 20% still. Would definitely recommend registering for it since you're expecting to cross the threshold anyway. And like DumbCoder said, you also get a first year discount of 1%, so in the example above, you'd end up paying 9.5% VAT on your turnover. I personally found it a pain to invoice without VAT (my clients expected it), so registering made sense regardless of the fact I was over threshold. The tricky bit is keeping under the \u00a3150k turnover so you stay eligible for the flat rate. It does get more complex otherwise."}
{"_id": "162519", "title": "", "text": "\"Numbers: Estimate you still owe around 37000 (48500 - 4750, 5% interest, 618 per month payment). Initial price, down payment, payments made - none of these mean anything.  Ask your lender, \"\"What is the payoff of the current loan?\"\" Next, sell or trade the current vehicle. Compare to the amount owed. Any shortfall has to be repaid, out of pocket, or in some cases added to the price of the new car and included in the principal of the new loan.  You cannot calculate how much you still owe the way you have, because it totally ignores interest. Advice on practicality:  Don't do this.  You will be upside down even worse on the new car from the instant you drive off the lot.  Sell the current vehicle, find a way to pay the difference - one that doesn't involve financing. Cut your losses on the upside down vehicle. Then purchase a new vehicle. I'm in the \"\"Pay cash for gently used\"\" school, YMMV. Another option is to go to your bank.  Refinance your car now to get a lower interest rate.  Pay as much of the principal as you can.  Keep that car until it is paid off.  Then you will not be upside down. If you're asking how to use the estimator on the webpage.  Put the payoff in the downpayment as a negative and the trade in value in the trade in spot.  Expect the payment to go up significantly.   Another opinion that might be practical advice.  Nothing we say here will convince your financially responsible spouse that this is a good idea.\""}
{"_id": "162523", "title": "", "text": "I have taken the free Kiyosaki evening course, and it does give some good information. It is an upsell to the $500 weekend course, which I also took. That course taught me enough about real-estate investing to get started. I have not yet had the need to pursue his other, more expensive courses. Read his books, take the $500 course, read other people's books on real estate investing, talk to other like-minded individuals, and gain some experience. I understand real estate better than I understand paper assets because I spent more time studying real estate.  If you want to invest in real estate, study it first. If you want to invest in paper assets, study those first."}
{"_id": "162539", "title": "", "text": "&gt;correlation doesn't imply causation   My least favorite phrase.  It's something dumb people say to sound smart.  All artificial intelligence models, all economic models and even climate models assume correlation implies causation.  It's even how the human mind operates.  You see a snake.  It bites you.  You will correlate snakes with painful bites.  That's how we learn."}
{"_id": "162540", "title": "", "text": "Exactly. Paying someone (or more accurately, many someones) to flag material to be taken down with the DMCA is FAR less expensive than lobbying for draconian Internet laws. AND it would create jobs. But that's not how the big dogs play."}
{"_id": "162556", "title": "", "text": "\"Well that's a cynical way of looking at it. :( I am glad to say that, anecdotally, I know plenty of women who stick with their workout routine even when they realize their initial \"\"I want to look like Gwyneth Paltrow\"\" reason for starting was unrealistic.\""}
{"_id": "162562", "title": "", "text": "People ... are nearly twice as likely to ... feel confident Great, confidence is amazing. That and $5 will buy you a cup of coffee. 44% [who hired a pro] have $100K or more [vs.] 9% of DIYers There's no way to examine these numbers without a link to the source, but it stands to reason that if you have a plan that you're sticking to you'll save more money than if you are just investing haphazardly. It's too bad that we can't see what the returns are for those using a pro vs. DIYers. That would be much more valuable than an arbitrary dollar level. Unfortunately $100K isn't really that much money if you live in the US, so it's an irrelevant talking point. The real question is whether investment knowledge is readily available to the masses or if having a person who specializes in finance is required to make good decisions about investment. I think the fact that the conventional wisdom prefers index funds to actively managed funds demonstrates that investment professionals are less useful than they might have been even a decade or two ago. If money should be spent on professional advice, it's probably better spent on CPAs or other tax professionals who can help optimize your investments for tax efficiency, though even that is now available as more common knowledge."}
{"_id": "162577", "title": "", "text": "What I want to know is;  How much does all this 'competition', advertising, marketing, etc etc actually increase how much people give as a total yearly sum of their earning?  If 40 cents on the dollar is spend advertising and 'collecting' more money. Sure it works on the scale of a single successful charity. What is the cost to charities as a whole though?  If someone gives away 2,000 a year to charity, and 19 charities all spend $100 chasing that $2000 dollars, they on average can prove they are 'making money' by spending to get that $100 'more'. But in reality, now instead of being able to give $2000 to the needy the person was actually only able to give $100.  That is my fear when we start having charities operate as big business."}
{"_id": "162579", "title": "", "text": "PS Group helps you to properly utilize your space and will thereby help you to get the best designed office at a very good rate. The interior designing services of a particular company is most of the times, based on the profile and the individual needs of the organization. Contact at: +91 11 43103444."}
{"_id": "162587", "title": "", "text": "Google Maps and Craig\u2019s List are easy wins and free.  I would offer free inspections and estimates.    What about getting into one of those new mover mailings.  That is when most people will be updating their fixtures."}
{"_id": "162588", "title": "", "text": "\"&gt;it certainly wasn't a priority for the government to oversee account-opening operations at the branch level  &gt;**Consumer Finance** protection bureau  What the hell are they supposed to be doing then? There are already multiple organizations for the institutional level this group was created specifically for consumer level products and they missed one of the most blatant and widespread abuses in recent history.  Dodd Frank is like if my kid crashed my car, so I broke his arm to make sure it never happened again. Making sure he can never crash cause he can't even get behind the wheel, but failing to consider the greater consequences. &gt;particularly among those of us who chose to leave big banks for smaller banks, who now have carte blanche to gamble in order to \"\"compete\"\" with the big guys. Looks to me like a strategy to discredit smaller banks in the end.  Please explain this one to me because I don't understand what you mean at all. You know most of the bulge bracket banks are *against* this rule while many community banks have expressed support? And what are you talking about freedom to \"\"compete\"\" against the big guys? What are you even talking about and how is that freedom threatened?  Since you brought up Republicans it seems to me like you are a liberal who hears 'Republican repeals regulation' and immediately think you have to be against it. There are a number of reasons this bill should receive bipartisan support:  * The guy who sponsored this bill was staunchly against the bail outs of '08 and wanted the banks to just fail.  * The compliance costs under Dodd are massive and smaller banks can't afford to pay them, and they shouldn't have to because if they fail to meet compliance they will just go bankrupt and won't bring the economy down with them.   * More overhead for compliance = lower deposit rates for clients = can't compete with bulge brackets. On a side note this is a general rule anyways and why I think its stupid to be using a community bank. Ever.   * It removes the orderly liquidation authority and leaves big banks to die instead of getting bailed out.  Other than the stigma of voting for GOP backed repealing of regulation the only real counter argument seems to be Elizabeth Warren, trickle down, Wall Street, 1%.\""}
{"_id": "162589", "title": "", "text": "Closed accounts are used when calculating Average Age of Accounts (AAoA) by FICO. They will drop off your report 7 years after their closure, at which time your AAoA will decrease and most likely lower your credit score. Keeping your oldest card with an annual fee (AF) is a tough question. Since the exact calculations are a secret, it's hard to quantify the value of that card. Keep in mind that if you do decide to close it now (or right before the next AF) it will continue to count for the next 7 years. What you can do is the following: Assume you won't be applying for any new cards in the next 7 years. Look at all your current accounts and calculate the AAoA of all of them that would still be on your report 7 years from now. Calculate it with and without your oldest card. The difference will show you the effect closing the card today will have. There is a potential way to raise your AAoA depending on if you have an AMEX card. AMEX reports all accounts as being open from your original 'member since' date. If your oldest AMEX (ever, not necessarily still open) is older than your AAoA, opening a new AMEX will actually raise your average.  age of accounts is 15% of your score. note that some websites that calculate your AAoA for you (like creditkarma) don't count closed accounts, but since FICO does the age those websites generate should be ignored."}
{"_id": "162592", "title": "", "text": "Using the default values for age and retirement and only making the changes you specified in the question. assumed ROR: 6%, current tax rate: 25%, retirement tax rate: 15%,   married, have an employer retirement plan. The results from the two calculators are: Traditional IRA: 631,341 IRA before taxes 536,640 IRA after taxes. Roth IRA: 631,341 Roth IRA 450,207 Taxable Savings where: Total taxable savings       The total amount you would have accumulated by retirement in a taxable savings account. your question: The (Traditional) IRA After Taxes value is 6.3% higher than the (Roth)   Taxable Savings amount. (Both had an equal gross amount.) Does that mean I should put my money in a tIRA instead of a Roth? My percentages don't match your percentages because you didn't specify the numbers you used. In any case the 450K number shows you what you would have if the money was not invested in an IRA or 401K. To decide between a Roth and a traditional IRA ignore the taxable savings number, that only shows what  happens if you decide not not use a retirement account."}
{"_id": "162612", "title": "", "text": "You go public to raise money, to invest in the business and/or pay off the existing shareholders. It's really as simple as that. The advantage of being public is that your shares can easily be bought and sold, and so you can issue and sell new ones and your existing shareholders can sell out if they want to. The disadvantage is that you are much more tightly regulated, with more disclosure requirements, and also that you are exposed to much more pressure from your shareholders to maintain and increase your share price."}
{"_id": "162616", "title": "", "text": "No free lunch You cannot receive risk-free interest on more money than you actually put down. The construct you are proposing is called 'Carry Trade', and will yield you the interest-difference in exchange for assuming currency risk. Negative expectation In the long run one would expect the higher-yielding currency to devalue faster, at a rate that exactly negates the difference in interest. Net profit is therefore zero in the long run. Now factor in the premium that a (forex) broker charges, and now you may expect losses the size of which depends on the leverage chosen. If there was any way that this could reliably produce a profit even without friction (i.e. roll-over, transaction costs, spread), quants would have already arbitraged it away. Intransparancy Additionaly, in my experience true long-term roll-over costs in relation to interest are a lot harder to compute than, for example, the cost of a stock transaction. This makes the whole deal very intransparant. As to the idea of artificially constructing a USD/USD pair: I regret to tell you that such a construct is not possible. For further info, see this question on Carry Trade: Why does Currency Carry Trade work?"}
{"_id": "162618", "title": "", "text": "I don't think you can really classify it as front running. Technically, the only information, that the alleged front runner in this case has over the followers is the knowledge of the trade itself. Knowledge of the trade may indeed be share price sensitive information (for some high volume traders or those respected and with many followers) but it's not really like they can't know about it before everyone else; parity isn't possible in this case. If an company/organisation (i.e. the social trading platform say) responsible for disseminating the details/log of a trader to a following (or individuals working for said company/organisation), were to act on the trading data before dissemination then THEY would be guilty of front running. The alleged front runner may profit from the following of course, but that's only really occurring due to the publication of information that is share price sensitive, and such information generally has to be published by law (if it is by law so classified) so it's difficult to find too much fault. There has to be a certain amount of consideration on the part of any trader as to who is more the fool, the fool or the fool that follows them?"}
{"_id": "162630", "title": "", "text": "Firstly if you've formed a limited company you don't need to register as self-employed.  You're an employee and shareholder of the company and your taxes will be handled that way. Registering as self-employed is only necessary if you're operating as a sole trader (i.e. without a company). Secondly you absolutely do want to get set-up correctly with HMRC as soon as possible, whether you're a company or a sole trader.  Ignoring the legal question your worry about paying taxes when you have no income is groundless - if you're not making any money there won't be any tax to pay.  Furthermore it seems likely that the business is currently losing money.  Those losses, if correctly recorded, can be carried forward and offset against future profits so not only do you not have to pay tax now, but you can reduce the tax you pay later when the money does start rolling in."}
{"_id": "162631", "title": "", "text": "Mostly to play devil's advocate, I will recommend something different than everybody else. If you can pay off the entire $3,000 balance and are torn between saving that money somewhere that will earn a return and paying it off now to be debt-free, why not a little of both? What if you pay half now and then save the other half and make a big payment at the end. Essentially that becomes two $1,500 payments: one now, one right before the 0% due date. To me, the half up-front significantly reduces the risk, but leaves some cash available to grow."}
{"_id": "162633", "title": "", "text": "Even if you could get it with no major hassle, $100,000 is just not that much money.  In a cheap third world country, as an expat you're looking at spending about $800-$2000/month, plus unexpected expenses. Locals live on less, but very few of us would be happy with the lifestyle of a Honduran or Thai farmer. Your 100k will last 4-10 years. This is hardly a great deal considering you're cutting off ties back home and almost becoming a fugitive. With USD going down the drain (e.g. in Thailand it went down 25% in 3 years), this period would probably be even shorter.  Of course, you could work in the new country, but if you do then you don't need 100k to start with. The initial amount may improve your security, but from that standpoint being able to go back and work in your home country is worth more."}
{"_id": "162653", "title": "", "text": "The easiest way is almost definitely through a Canadian bank.  They can get your American credit history through Equifax.  American Express in Canada will have no problem giving you one if you have an American Express in the US, as well.  It would be easier if you went through TD Canada Trust since there's TD Bank NA in the States, or BMO since they own Harris Bank in the States.  Oh, and doesn't Bank of America have Canadian branches? I'm in the process of doing the reverse (getting US card when I'm from Canada).  I use XE Trade to transfer money -- the rates are great and it takes only 2 days for a transfer to go through if you use wire transfers ($25 charge) or online bill payment through the bank (free)."}
{"_id": "162668", "title": "", "text": "\"You'd want the money to be \"\"liquid\"\" and ready for you to use when tax time comes around. You also don't want to lose \"\"principal\"\", i.e. if you put it into stocks and have the value of what you put in be less than what you invested\u2014which is possible\u2014when you need the money, again, at tax time. That doesn't leave you with many good choices or an amazingly good way to profit from investing your savings that you put aside for taxes.  CDs are steady but will not give you much interest and they have a definite deposit timeframe 6 months, 1 yr, 2 yrs and you can't touch it. So, the only reasonable choice you have left is an interest bearing checking or savings account with up to 1% interest (APR)\u2014as of this writing Ally Bank offers 1% interest in an online interest savings acct.\u2014which will give you some extra money on your deposits. This is what I do.\""}
{"_id": "162682", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://insight.kellogg.northwestern.edu/article/how-to-revamp-the-visa-program-for-highly-skilled-workers) reduced by 90%. (I'm a bot) ***** &gt; In Daniel Aobdia&amp;#039;s view, the program should be revamped to better serve the most qualified foreign employees-especially those who possess special, hard-to-replicate skills-and the companies who want to hire them.  &gt; The H-1B visa program, first introduced in 1990, was meant to allow U.S. companies to hire foreign workers with desirable skills, to fill the gaps in the labor market and help boost the economy.  &gt; Whatever reforms the government makes to its H-1B visa program-an auction feature, a points-based system, or some combination of the two-Aobdia says the goal should be to create a situation in which American companies feel encouraged to hire the best and brightest, no matter what their country of origin may be.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jhs7u/companies_want_to_hire_the_best_employees_can/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~152513 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **visa**^#2 **work**^#3 **Aobdia**^#4 **system**^#5\""}
{"_id": "162684", "title": "", "text": "You should contact the Company who purchased your visa balance and ask/write the following questions:  1. Dispute the charge from Emusic.com as invalid. 2. Instruct that no future charges will be accepted.  3. How come Emusic.com was allowed to debit your account? 4.  When did they purchased your visa account? 5.  Ask for written verification that they purchased your account from the original company? such as a bill of sale? 6.  Ask if the company is a registered debt collector in your state? 7. The FAIR DEBT COLLECTION PRACTICES ACT (FDCPA) may apply to your circumstance(s) and provide for $1,000 in damages to the consumer and $1,000 attorney fees from a third party debt collector per violation. You may want to seek the advice of an attorney  to help determine if you have a good cause to sue the company and Emusic. If you did not receive anything form Emusic.com or your contract/agreement ended without a cancelation/early termination fee,  ALso, file a written dispute with Emusic.com.  Check your credit report.   Many companies automatically charge your accounts through automatic payments after termination of the agreement because they get away with it in the U.S., if the consumer does not take steps to dispute the current charge and stop future charges from occurring in the future. Never use auto pay unless required and the service is essential.  When using auto pay use a dedicated account not your main checking account. It is less of a pain in the neck to close the account if its your 2nd or 3rd checking account and not your only account."}
{"_id": "162697", "title": "", "text": "Fortunately, I enjoy veggie burgers a lot more than real burgers. Black bean burgers especially. Occasionally I'll go have a real meat burger once a month maybe when I go to five guys but that's about it.  If you haven't tried veggie burgers, I highly recommend it. If you like it, it will benefit you health wise. If you don't like it, try a different kind of veggie patty."}
{"_id": "162702", "title": "", "text": "Wonder if it's because growth is slowing and Bezos realized he needs to do a deal to keep the stock price going.  Not a terrible idea in the short-term perhaps. Lower prices on premium foods to juice growth. Analysts are happy, investors are happy."}
{"_id": "162703", "title": "", "text": "\"The thing is, most people *don't care*.    They think - for some reason - that Amazon is their \"\"friend\"\".    I hear lots of stories about how \"\"Amazon's customer service is so awesome!\"\"  Well, yeah, because they don't really care all that much about making a buck - and so far look how well it's worked out.  Bezos is worth insane billions.  They're not doing it to make profits, they're doing what they're doing because little Jeffey wants more $$ in his pocket.\""}
{"_id": "162710", "title": "", "text": "What somebody is paid is directly tied to the worth they generate for their employer.  Management consultants, investment bankers, etc actually generate significant value for their employer.  The supply of people that can do these types of jobs is fairly small.  Supply and demand sets salaries.  The largely government-sector jobs that Reich mentions require the theft of wealth from the private economy in order to staff.  Jobs that have true value to society, such as teachers, hospital staff, etc, can and do find private funding without government coercion.  The best teachers make hundreds of thousands, if not millions of dollars, in private educational institutions."}
{"_id": "162723", "title": "", "text": "In my experience dealing with credit cards and store cards, you may find that the store card is much more flexible than the credit card in terms of the enforcement of the card agreement.  For instance, I've missed payments on credit cards and only been 1 day late and saw a rate increase, but on a store card when the same thing happened, it was like they didn't even notice.  Granted, this was a 100% store card with no VISA/MC logo on it, and it was through their bank. This may not be true of all store cards and your experience may differ, but I felt like the store card was more of a tool for acquiring the merchandise and helping the store make a sale than it was for some big bank to make money off of my interest. With credit cards, you are the product, and the bank makes money purely from interest. The store, on the other hand, makes money from selling the product, and credit helps increase sales. My suggestion is to avoid credit altogether as all debt is risk, but if you must use credit, you may have a better experience with the store card. Of course, don't forget to consider the interest rates, payment plan, and other fees that may apply as they may affect your decision in terms of which to go with."}
{"_id": "162745", "title": "", "text": "Some have suggested you can put the money in the 401k then take a loan to pay off the student loan debt.  Some things to consider before doing that: Check your 401k plan first.  Some plans allow you to continue paying on a loan if you leave the company, some do not.  If you have to change jobs before you pay back the 401k loan, you may only have 90 days to completely pay the loan or the IRS will treat this as an early withdrawal, which means taxes and penalties.  If you don't have another job lined up, this is going to make things much worse since you will have lost your income and may owe even more to the government (depending on your state, it may be up to 50% of the remaining amount).  There are ways to work with some student debt loans to defer or adjust payments.  There is no such option with a 401k plan. This may change your taxes at the end of the year.  Most people can deduct student loan interest payments.  You cannot deduct interest paid to your 401k loan.  You are paying the interest to yourself though.   It may hurt your long term growth potential.  Currently loans on 401k loans are in the 4% range.  If you are able to make more than 4% inside of your 401k, you will be losing out on that growth since that money will only be earning the interest you pay back. It may limit flexibility for a few years.  When people fall on hard times, their 401k is their last resort.  Some plans have a limit on the number of loans you can have at one time.  You may need a loan or a withdrawal in the future.  Once you take the money out for a loan, you can't access it again.  See the first bullet about working with student loan vendors, they typically have ways to work with you under hard circumstances.  401k loans don't. Amortization schedule.  Many 401k loans can only be amortized for a max of 5 years, if you currently have 10 year loans, can you afford to pay the same debt back in 1/2 the time at a lower rate?  You will have to do the math. When considering debt other than student loans (such as credit cards), if you fall on hard times, you can always negotiate to reduce the amount you owe, or the debt can be discharged (with tax penalties of course).  They can't make you take money out.  Once it is out, it is fair game. Just to clarify, the above isn't saying you shouldn't do it under any circumstances, it is a few things you need to evaluate before making that choice.  The 401k is supposed to be used to help secure your financial future when you can't work.  The numbers may work out in the short term, but do they still work out in the long term?  Most credit cards require minimum payments high enough to pay back in 7-10 years, so does shortening that to 5 (or less) make up for the (probably early) years of compounding interest for your retirement?  I think others have addressed some of this so I won't do the math. I can tell you that I have a 401k loan, and when things got iffy at my job for, it was a very bad feeling to have that over my head because, unlike other debts, there isn't much you can do about it."}
{"_id": "162751", "title": "", "text": "Given the listed expenses, this problem will not have a nice solutions. So lets quickly go through them and see when the most pressing ones can be dealt with: Solved within 1 year: 900 Solved within a few years: 1300: 900+400 You may be able to save a couple of hundred on the rest, but just take a minute to look at the above. Within 1 year she will be able to 'break even' and within a few years she will be able to live fairly comfortably.  She will eat through her funds in about 10 months, which should coincide with the end of the tuition costs. If you could just sponsor her a little bit, or just be there for her in case of unexpected expenses, she should make it till the end of the year after which things are looking up and she will have a healthy surplus each month.  Soon you and your sister can probably help her build up a nice buffer quickly, after which her worries should be over."}
{"_id": "162754", "title": "", "text": "Ganhe uma renda extra sem sair de casa Descubra os Segredos para que seu Computador se Torne uma Maquina de Ganhar Dinheiro na Internet, Trabalhe na Internet em sua casa nas horas livres com seu Computador e tenha uma renda superior a R$ 5.000,00 por M\u00eas."}
{"_id": "162767", "title": "", "text": "I am going to. Like I said I have not traded options much in general, but I can see a lot of potential in derivatives in general, and it makes me kind of grin. In the case of commodities, the advantages are really apparent. The only problem I see with stock options is that they expire, and thus if you are more long term bull on a stock, it would be harder. But for things like commodities, that are shorter term any ways and require margin, it makes a lot of sense IMO. I could see how you could gain a larger diversification through options (being able to bet on Russell 2000, S&amp;P, etc. ) or esoteric markets (electricity).   I will look up that book that you mentioned. Thanks man."}
{"_id": "162768", "title": "", "text": "The strategy looks good on paper but in reality, the 150 call will have some time value particularly if it has got some time to mature. Let us say this time value is 0.50 , so the call costs 3.50.   If the stock stays above 150 (actually above 149.50) , by the expiration of the call, you will lose this 0.50 . Then you need to keep buying calls over and over and hope one day a big down move will more than make up for all this lost premium. It is possible, but not entirely predictable. You may get lucky, but it may take many months to produce a significant move to make up for all the lost premium. If a big down move were to happen and the market had any indication of that in advance, that would be priced into the call already, so the 150 call may cost 4$ or 4.50$ if the market had wind of a big move. (a.k.a high implied volatility)"}
{"_id": "162770", "title": "", "text": "FYI, it's not my article. But to respond....   &gt; What if it contributed to a planet that did not get destroyed, thereby maintaining a better business climate (pun intended) for the future?* FTFY   The point being made is that it isn't the purpose of a business to contribute to a planet not getting destroyed. That is the purpose of a scientist/non-profit/governmental organization. The point being made is that a business is losing its true focus and thus undermining its purpose if it tries to do anything other than maximize profits. I'm NOT saying I agree with that, but that's my take on what they're saying."}
{"_id": "162771", "title": "", "text": "As other uses have pointed out, your example is unusual in that is does not include any time value or volatility value in the quoted premiums, the premiums you quote are only intrinsic values.  For well in-the-money options, the intrinsic value will certainly be the vast majority of the premium, but not the sole component. Having said that, the answer would clearly be that the buyer should buy the $40 call at a premium of $10.  The reason is that the buyer will pay less for the option and therefore risk less money, or buy more options for the same amount of money.  Since the buyer is assuming that the price will rise, the return that will be realised will be the same in gross terms, but higher in relative terms for the buyer of the $40 call.   For example, if the underlying price goes to $60, then the buyer of the $40 call would (potentially) double their money when the premium goes from $10 to $20, while the buyer of the $30 call would realise a (potential) 50% profit when the premium goes from $20 to $30. Considering the situation beyond your scenario, things are more difficult if the bet goes wrong.  If the underlying prices expires at under $40, then the buyer of the $40 call will be better off in gross terms but may be worse off in relative terms (if it expires above $30).  If the underlying price expires between $40 and $50, then the buy of the $30 will be better off in relative term, having lost a smaller percentage of their money."}
{"_id": "162779", "title": "", "text": "If enough businesses behave like Bigot Bobby, then even though everyone is acting without coercion, the natural rights of the Jews who must live as second class citizens have certainly been lost.   The fact that private clubs are exempted from these rules makes perfect sense--these are not businesses normally open to the public. It's apples and oranges. And comparing an actual church to a church-run business like a hospital (the type of business affected by the Obama legislation you allude to) is also inappropriate for the same reason.  It would certainly be nice to live in a world where everyone was free from coercion of any kind. But unless we abridge the rights of those with wealth and power to oppress others through economic means, the result will always be a large group of impoverished citizens that lack realistic opportunities for improvement. Being FORCED to live life as a second class citizen is FAR WORSE than being forced to do business with people you prefer to shun. Force of circumstance can limit your personal freedom every bit as much as force of law.  If you have any ideas about how to ensure all citizens have a realistic opportunity for success without any government intervention in the economy I'm all ears. In my ten years as a Libertarian I never found a realistic answer to this question and that is why I had to move from ideology to pragmatism. Libertarianism sounds excellent in theory, but in practice it would only make things worse for everyone but the very rich."}
{"_id": "162795", "title": "", "text": "&gt; fucked over all local coffee shops  Planning permissions aside, I would think the consumers of Brighton did that, not Starbucks. Or did they offer free coffee until all the other coffee shops went bust?  But what do I know, I prefer McDonalds coffee to Starbucks."}
{"_id": "162804", "title": "", "text": "the difference would be taxes...  Lets say you have two lots, one with a 10 dollar gain, and one with a 20 dollar gain.  And lets say you decide to sell one lot this year, and the other lot in 10 years.  AND, lets say that it turns out the stock price is exactly the same in ten years as it is when you sell the first lot. In all likelyhood, you'll have more income, and therefore you are likely to be in a different marginal tax rate.  If you believe that you're more likely to pay more taxes in 10 years, then sell the lot with the higher gain now.  If you believe you're more likely to pay more taxes now, then sell the lot with the lower gain now."}
{"_id": "162810", "title": "", "text": "People don't seem to understand that requiring every consumer product to be easily dismantled and then reassembled will stifle innovation.  If there is a demand for  device like that, the free market will address it.  Otherwise you're just making everyone deal will a hobbled item so that *some* who want to fiddle with it can do so."}
{"_id": "162817", "title": "", "text": "First, this was never an arrangement for you to build equity, this was an arrangement for them to speculate on another house under the guise of teaching you a life lesson like responsibility or something contrived. The only way you profit from this is if the value of the house goes up and you sell it. You get 25% of the proceeds, maybe. If this was an equitable arrangement then they would be paying 75% of the property taxes and a little more for your maintenance efforts."}
{"_id": "162822", "title": "", "text": "I'll repost a [comment I posted the other day](https://www.reddit.com/r/AskUK/comments/6pmtzr/askuk_weekly_what_makes_0_sense_to_you/dkv8qg6/?context=2) regarding Snapchat, as it fits just as well here....  &gt; &gt; Ah, snapchat before it got monetised.  &gt; I don't even think it's that.  &gt; Tech companies that become popular tend to go on hiring sprees and all those new developers feel compelled to justify their existence within the company. As such they start churning out additional 'features' that nobody asked for and which only serve to complicate their service and turn their product into the very thing people were trying to get away from when they started using the service in the first place.  &gt; ...then the 'next big thing' comes along and the cycle repeats."}
{"_id": "162825", "title": "", "text": "China also doesn't have political parties with polar-opposite ideas about the economy and who constantly try to undo each other's work every time an election comes around.  If the American political system didn't waste so much time with internal squabbling the country would be better off by miles."}
{"_id": "162832", "title": "", "text": "\"&gt;education that allows someone to build, create and maintain  That's what trade schools are for.   &gt;Having an educated populace that does nothing  There is no educated populace that does \"\"nothing\"\" at this point in time.   In any case, an educated populace is crucial to avoid things like our current political climate, where people fall for propaganda and think satire websites are true news.\""}
{"_id": "162836", "title": "", "text": "I agree.  This is far worse than Wells Fargo and Tylenol.        Their core business is data.  That is all they offer.  Data must be secure and accurate.   They failed on the secure part.  The hackers may as well start offering credit scores to vendors for free, they have the data.       Why would any customer (we aren't customers, credit providers are), use Equifax moving forwards?  There are 2 perfectly acceptable replacements.       Only way Equifax survives is rebranding.   Senior management at banks across the country are having meetings with their legal departments to discuss liability concerns of continuing to use Equifax.  What if there is another breach, could the bank be sued for leaking consumer data, after they knew Equifax hires Musicians to manage data security?"}
{"_id": "162864", "title": "", "text": "Look, honestly, I don't care how much they make. Its a tough job and they're working a lot of hours. I'm glad they make this much money, that means they're having a good life. The fact that they are earning this money does not invalidate the fact that a lot of teachers and military personnel do not live as well. That is the problem. We don't have to take from these guys to give to another. We need to take from the people that are hoarding the wealth in this country.  This is obviously a story, I don't want to say planted, but most certainly encouraged by special interest to once again stir up anti-union outrage and make us 99%s fight amongst ourselves over the few crumbs that the 1% let drop down to us.  The problems in this country are not because a few transit cops figured out a way to gets some extra money, it's because we allow 400 people to have all the money when everyone else gets none."}
{"_id": "162870", "title": "", "text": "What you're referring to is Visa Easy Payment Services (VEPS). Other payment processors have similar programs. Basically, certain merchants (based on merchant category code - or MCC), are not required to obtain a signature under $50. This limit was raised to $50 from $25 last year. Here is the press release from Visa describing the increase, and the program in general."}
{"_id": "162873", "title": "", "text": "\"In addition to the advice of @karancan, If you wish to stay strictly with GICs, there are better ways to find good GIC rates, than looking at advertising from institutions you are already dealing with. This site, http://www.globeinvestor.com/servlet/Page/document/v5/data/rates?order=d&pageType=gic_long&sort=IR1&page=1&tax_indicator=N (among others) display impartial GIC rates for many institutions and terms of investment, in sortable form. Many of these institutions allow on-line purchases and transfers, requiring only a \"\"regular\"\" bank account as a source/destination for on-line transfers...\""}
{"_id": "162875", "title": "", "text": "After a 6% commission to sell, you have $80K in equity. 20% down on a $400K house.  5% down will likely cost you PMI, and I don't know that you'll ever see a 3.14% rate.  The realtor may very well have knowledge of the cost to finish a basement, but I don't ask my doctor for tax advice, and I'd not ask a realtor for construction advice. My basement flooring was $20/sqft for a gym quality rubber tile. You can also get $2/sqft carpet. I'd take the $15K number with a grain of salt until I got real bids. What's there now? Poured cement? Is there clearance to put in a proper subfloor and still have adequate ceiling height? There are a lot of details that you need to research to do it right.  That said, the move to a bigger house impacts your ability to save to the extent that you are taking too large a risk. The basement finish, even if $20K, is just a bit more than the commission on your home. I like the idea of sticking it out. Once the nanny is gone, enjoy the extra income, and use the money to boost your savings and emergency funds.  As I read your question again, I suggest you cut the college funding in favor of the emergency fund. What good is a funded college account if you have no funds to sustain you through a period of unemployment?  There's a lot to be gained in holding tight for these 3 years. It seems that what's too small for 5 would be spacious once the nanny is gone and the basement added. The cost of a too-big house is enormous over the long run. It's going to rise in value with inflation, but no more, and has all the added costs that you've mentioned. On a personal note, I'm in a large house, with a dining room that's used 2 or 3 times a year, and a living room (different from family room) that is my dog's refuge, but we never go in there. In hindsight, a house 2/3 the size would have been ideal.   Finishing the basement doesn't just buy you time, it eliminates the need for the larger house."}
{"_id": "162883", "title": "", "text": "Well, I believe some would argue that the governing structures are somewhat different, as a king is basically the top of an aristocracy, and a representative government is supposedly invested by a popular mandate to act as stewards of the people.  It's a polite fiction governments maintain, these days."}
{"_id": "162884", "title": "", "text": "A great way to learn is by watching then doing. I run a very successful technical analysis blog, and the first thing I like to tell my readers is to find a trader online who you can connect with, then watch them trade. I particularly like Adam Hewison, Marketclub.com - This is a great website, and they offer a great deal of eduction for free, in video format. They also offer further video based education through their ino.tv partner which is paid. Here is a link that has their free daily technical analysis based stock market update in video format. Marketclub Daily Stock Market Update Corey Rosenblum, blog.afraidtotrade.com - Corey is a Chartered Market Technician, and runs a fantastic technical analysis blog the focuses on market internals and short term trades. John Lansing, Trending123.com - John is highly successful trader who uses a reliable set of indicators and patterns, and has the most amazing knack for knowing which direction the markets are headed. Many of his members are large account day traders, and you can learn tons from them as well. They have a live daily chat room that is VERY busy. The other option is to get a mentor. Just about any successful trader will be willing to teach someone who is really interested, motivated, and has the time to learn. The next thing to do once you have chosen a route of education is to start virtual trading. There are many platforms available for this, just do some research on Google. You need to develop a trading plan and methodology for dealing with the emotions of trading. While there is no replacement for making real trades, getting some up front practice can help reduce your mistakes, teach you a better traders mindset, and help you with the discipline necessary to be a successful trader."}
{"_id": "162892", "title": "", "text": "\"I experimented with Lending Club, lending a small amount of money in early 2008. (Nice timing right - the recession was December 2007 to June 2009.) I have a few loans still outstanding, but most have prepaid or defaulted by now. I did not reinvest as payments came in. Based on my experience, one \"\"catch\"\" is lack of liquidity. It's like buying individual bonds rather than a mutual fund. Your money is NOT just tied up for the 3-year loan term, because to get good returns you have to keep reinvesting as people pay off their loans. So you always have some just-reinvested money with the full 3 year term left, and that's how long it would take to get all your money back out. You can't just cash out when you feel like it. They have a trading platform (which I did not try out) if you want your money sooner, but I would guess the spreads are wide and you have to take a hit when you sell loans. Again though I did not try the trading platform. On the upside, the yields did seem fine. I got 19 eventual defaults from 81 loans, but many of the borrowers made a number of payments before defaulting so only part of the money was lost. The lower credit ratings default more often obviously, only one of 19 defaults had the top credit score. (I tried investing across a range of credit ratings.) The interest rates appear to cover the risk of default, at least on average. You can of course have varying luck.  I made only a slight profit over the 3 years, but I did not reinvest after the first couple months, and it was during a recession. So the claimed yields look plausible to me if you reinvest. They do get people's credit scores, report nonpayment on people's credit reports, and even send people to collections. Seems like borrowers have a reason to pay the bill. In 2008 I think this was a difference compared to the other peer lending sites, but I don't know if that's still true. Anyway, for what it's worth the site seemed to work fine and \"\"as advertised\"\" for me. I probably will not invest more money there for a couple reasons: However as best I could tell from my experiment, it is a perfectly reasonable place to put a portion of your portfolio you might otherwise invest in something like high-yield bonds or some other sub-investment-grade fixed income. Update: here's a useful NY Times article: http://www.nytimes.com/2011/02/05/your-money/05money.html\""}
{"_id": "162916", "title": "", "text": "In the absence of a country designation where the mutual fund is registered, the question cannot be fully answered.  For US mutual funds, the N.A.V per share is calculated each day after the close of the stock exchanges and all purchase and redemption requests received that day are transacted at this share price. So, the price of the mutual fund shares for April 2016 is not enough information: you need to specify the date more accurately. Your calculation of what you get from the mutual fund is incorrect because in the US, declared mutual fund dividends are net of the expense ratio. If the declared dividend is US$ 0.0451 per share, you get a cash payout of US$ 0.0451 for each share that you own: the expense ratio has already been subtracted before the declared dividend is calculated.  The N.A.V. price of the mutual fund also falls by the amount of the per-share dividend (assuming that the price of all the fund assets (e.g. shares of stocks, bonds etc) does not change that day). Thus. if you have opted to re-invest your dividend in the same fund, your holding has the same value as before, but you own more shares of the mutual fund (which have a lower price per share). For exchange-traded funds, the rules are slightly different. In other jurisdictions, the rules might be different too."}
{"_id": "162922", "title": "", "text": "Dude, don\u2019t worry what people are saying. Get the books, statements, or a lawyer. You have every right to the books as the other owners do.  As the saying goes, if they have nothing to hide why are they afraid of you looking at the books.  You can also demand a 3rd party audit,  trying to come up with a business solutions with out knowing the finances what fixes you can afford, etc etc.  come on man, MBA teach you it\u2019s all about the money, and the stats.  If you don\u2019t know the money knowing the stats don\u2019t help much ;)"}
{"_id": "162927", "title": "", "text": "\"This is a very shitty thing that happens.   BUt I wonder how much would it cost to farm these animals? What if these farmed animals ivory and leather/scales are price competitive when being farmed? Later on have a certifiable way to show they are from \"\"responsible\"\" sourcing.   That wouldn't threaten extinction (quite the opposite).   This would be a great exercise to check the viability.\""}
{"_id": "162940", "title": "", "text": "\"US Sanctions are usually very nuanced and you should look them up yourself.  It may be widely reported that \"\"US sanctions X-country\"\" and it may be widely understood that it means all funds from anybody in that country are blocked, that USUALLY isn't the case (or \"\"many times\"\" isn't the case, I'm not going to bother quantifying that) Many times it is a comprehensive list of certain individuals and businesses that are blocked. The US Treasury publishes a list of these organizations. This misinterpretation can trickle down to companies. You would think big financial companies understand regulations, but they typically just react to how things are reported and have no uniform understanding of the financial regulations they are subject to. Private companies create unique and arbitrary company policies in reaction to the spirit of a regulation. So could it be that all Iranians cannot interact with the US financial system? Sure, thats possible. Could it be a lot more nuanced? Sure. Does it matter if the broker will actually investigate your SSN with USCIS? Maybe, maybe not. Does it matter if you disclose you are a dual citizen if they claim they can just check your SSN?  The financial institution is the one liable for misinterpreting sanctions. Let the consequences guide your actions.\""}
{"_id": "162956", "title": "", "text": "I am concerned that you are asking for help with questions regarding NPV. Sure you can regurgitate answers you found online for some of these questions, but if you legitimately don't understand such a basic financial concept like NPV while interviewing for a job in the financial sector, you're probably out of your league."}
{"_id": "162961", "title": "", "text": "An hour isn't a long time to get your point across. It'll go by in the blink of an eye for you, and for them, especially if it's done well. So you just need to connect. Hit hard, get the points from your slide show in, and then delve in. Don't read from the slide show at the later part of your presentation, but instead go into detail from within. But for the beginning it's ok to kind of go through the points.    I don't know if this will make sense, as it's 4:18 here and I'm one eye open. Hopefully you can get something from it. Knock em dead!"}
{"_id": "162969", "title": "", "text": "\"&gt;I'm glad we could have a reasonable discussion without descending into insults and intransigence \u0ca0_\u0ca0  \"\"Descending\"\"?  You started out intransigent and insulting, so nothing really changed, did it?  &gt;I don't know what \"\"problem got a LOT worse\"\" during Prohibition.   Add it to the stack of a lot of other things you are rather obviously ignorant of then.  &gt;Use went down while quality and violence worsened. It was a net social negative, but it did what its proponents intended.  Wow. The ignorance there is just... palpable.  &gt;Here's one way of understanding the \"\"developed\"\" world: there aren't large areas which are completely lawless.  Yeah, so you DID go there, didn't you.   Sorry, junior... no matter what BS you come up with, Mexico IS part of the \"\"developed\"\" world.  &gt;I guess I'm just one of those sheeple who is concerned about hard drug abuse, and I don't equate them alcohol or even marijuana.  You're just a drone like all the rest of the drones... you unthinkingly accept &amp; regurgitate whatever the current \"\"politically correct\"\" memes are.\""}
{"_id": "162973", "title": "", "text": "\"Buffet could easily take the lead here by starting a company solely dedicated to paying off people's mortgages using his own money. Oh wait he wants government to take away money from his rivals and potential upstarts because he isn't going to put into action anything he is talking about for himself.   P.S. Buffet could also very easliy dismantle the shield he is using to shelter the vast bulk of his wealthy in the form of the \"\"non-profit\"\" he and Bill Gates created and simply write debt riddle state governments (of there own doing and design) like Illinois massive checks but again that would require effort and putting HIS money where his mouth is in the long run.\""}
{"_id": "162981", "title": "", "text": "The laws as written at the time required a pretty high burden of proof to show fraud.  There were a lot of words like having to show intent or foreknowledge of the risks for it to be illegal. Those are always tough cases to win, and the regulators themselves were reluctant to ride the banks too hard because that just reinforces the regulators own incompetence."}
{"_id": "163003", "title": "", "text": "Buy products that can be stored for a long time or require thorough thermal processing. For example, you can buy frozen chicken meat in two pounds packs - it can be stored in a freezer for half a year, then you roast it and after it cools down you can put it into a fridge and it will last for up to ten days. Just about anything that you've roasted or boiled for several dozens minutes can be stored in a fridge for at least five days - its taste will get slightly worse over time, but it still preserves nutrition value and is safe to eat."}
{"_id": "163016", "title": "", "text": "This can be a case of someone trying to use your identity to obtain credit.  I would put a fraud alert on my credit immediately.  I went through something similar... got denial letters for credit I didn't apply to.  A few months later I get hit with a credit ding from a pay day loan company that apparently allowed the thief to get a loan who obviously didn't pay it back.  I had no contact with this company before they put the lates on my credit and it took over a year to get this cleaned up.  Apparently this loan was obtained about a week after I got the first denial letter so if I put a fraud alert on immediately it would have most likely stopped this fraudulent pay day loan before it happened."}
{"_id": "163034", "title": "", "text": "You're correct. If you have no option position at execution then you carry no risk. Your risk is only based on the net number of options you're holding at execution. This is handled by your broker or clearinghouse. Pretend that you wrote 1000 options, (you're short the call) then you bought 1000 of the same option (bought to cover) ... you are now flat and have zero options exposure. Pretend you bought 1000 options (you're long the calls) then you sold 1000 of them (liquidated your long) ... you are now flat and have zero options exposure."}
{"_id": "163043", "title": "", "text": "People who drive long distances tend to do more of their driving on larger, well-built roads (freeways / motorways) that are designed for high-speed driving. Although some people find them intimidating, they are much safer in terms of accidents per kilometre driven for several reasons:"}
{"_id": "163044", "title": "", "text": "They mean the OS, and they have a point. Thanks to Steve Ballmer, Microsoft lost its technical leadership across the board - he could never come up with anything new, only follow everyone else. When a product group *did* come up with something new, he had no clue how to execute on it to make it successful, so it withered and died on the vine.   Now Nadella is so obsessed with the Cloud he's completely neglecting the desktop, so it's just sitting there trying to light its own farts on fire. With everyone moving applications to containers (whether it's the phone, tablet, TV, game console, browser or... virtual assistant) Windows is becoming irrelevant.   If we get to a point where *all* the code you want to interact with is hosted in one of the containers above, why bother running Windows at all? Get a linux or IOS or Chromium notebook or desktop that does nothing but boot up the app container you need."}
{"_id": "163048", "title": "", "text": "For whatever it's worth, when I went to the meeting a couple of years ago, the question and answer segment is mostly students asking how to pick a stock or what book they should read.  I'm sure someone else will ask but it would be interesting to hear their take on the Syrian refugee situation in Europe and how it may impact the EU in general.  Or how he/they think the drought in the south western region of the US will impact the national economy, if at all.  Like Keshlam says, if YOU don't care about the answer there's really no point to asking the question. The most important thing you can do is listen to what he and Munger have to say.  The way they think is interesting and they have great rapport with eachother.  It's a great experience and unfortunately I wasn't able to make my schedule work to attend this year.  It's almost comical how many cans of Coke Warren will knock out through the day.   Another fun thing to do is take the shuttle to the airstrip to check out the NetJets.  I wish I had the interest and wherewithal to go when I was 16..."}
{"_id": "163049", "title": "", "text": "&gt; 1. What exactly happens when I deposit $1000 to the bank? Does it lend to other parties $900 of what I have given them?  Yep.  &gt; Or it turns my whole deposit into their reserve, then borrows $9000 from the central bank, and lends this sum to their customers?  No, the bank can't loan more money than it has in deposits. Note that this does create money because, in this example, the bank loaned someone $900 but it still owes you $1000.  &gt; 2. What happens when I'll make final payment on my loan?  Is this a different example or are we assuming your original $1000 was loaned to you?  Regardless, every time you make a payment on a loan the bank can re-loan that money to someone else.  &gt; Does the bank also pay its base to the central bank (+ base interest rate) and keeps only their interests?  The central bank has not been involved in this transaction so it doesn't receive anything.  &gt; Does the central bank remove from the circulation money it received back?  Yes but I think you're switching topics.  A central bank's transactions are more about managing the money supply and inflation of a [fiat currency](https://en.wikipedia.org/wiki/Fiat_money#Money_creation_and_regulation).  Ideally a central bank trades a bank's paper assets for reserves adding or subtracting to the bank's ability to issue loans."}
{"_id": "163080", "title": "", "text": "I dunno, the problem with a great depression taking place today is that we're all interconnected...   Despite the massive debt burdens &amp; imf knocking on doors, things are not as tough as they could be. Most of us will not starve to death and have a roof over our heads.We'll be looked after when sick and can afford basics which were once considered luxuries i.e. TV, internet, microwave etc...  Yet that's the kind of picture you paint when you mention the great depression - walking around barefoot, worrying about where the next meal will come from... it's scaremongering at best and it allows the people with cash to demand higher interest / payback, so it's in their best interests to keep hyping the shit out of doom &amp; gloom news.  It's all getting a bit see-through imo and people are beginning to question whether 'the markets' and 'bondholders' are real people or whether they're some make-believe, unquestionable god."}
{"_id": "163097", "title": "", "text": "Anecdotally, we recently bought a house in a really hot labor market. Our agent told us that she has a lot of people who are looking to sell (enough to start working with an agent) but are refusing to list their houses because the prices keep going up. She is begging them to list but they keep waiting, driving up prices even further."}
{"_id": "163102", "title": "", "text": "Ah, that's the colloquially known Thomas Crown motive. The issue with that is that money is objectively quantifiable to a point, so one can do a risk/reward analysis for the potential profit vs. the potential dangerous of robbery when money is the motivating factor. Risk appreciation, on the other hand, is more difficult to quantify. It's even more difficult when one considers that there's a direct relationship between pleasure from risk and potential danger.   In short, it would change from person to person, so I can't imagine trying to use inductive reason to form any broad conclusions."}
{"_id": "163109", "title": "", "text": "I guess it depends where you are. That would make sense. I'm always stunned by the amount of Latinos eating in Chipotle though (in CA). I know where all the burrito places are (not far) and I'm wondering what's going through their heads paying more for sub-par, rice-filled burritos.   Given the shockingly high Hispanic percentage in Chicago, it's interesting to see you don't see the same trend. My guess is the Chipotles you're frequenting aren't in the more Hispanic parts of town? Most of the parts of LA I'm talking are Hispanic/Armenian and so those are the customers. In an area where you can walk for days and not see a white person in a car (unless you're near a Whole Foods), it makes sense that I'm not seeing them at the local Chipotle.  Rick Bayless isn't just good for gringos, he's good period. Though I don't know Xoco. I thought his main restaurant had a different name. I love that one of his places is now in O'Hare. Lucky lucky! Chicago has the best food in America!"}
{"_id": "163119", "title": "", "text": "\"negotiability is a legal concept that permits free transfer of a security without the requirement of prior consent of the issuer.  that means the issuer must pay the current holder of the security, irrespective of who he is.  negotiability also protects a good faith buyer of the instrument from adverse ownership claims of purported prior holders of the instrument.  it is not related to \"\"negotiating\"\" the price or whatnot.  A negotiable security means the current owner does not have to be concerned about acquiring the asset via a bad chain of title b/c he can always assert that he is a \"\"holder in due course\"\" defense against such claims, and have absolute security in his ownership right over the asset.  securities and derivatives are different.  securities are transferrable instruments representing a direct claim on the issuer for the value of the security, whether debt or equity ownership.  derivatives are bilateral contracts, which can only be entered into with the consent of both parties, and can only be transferred by such consent.  derivatives represent a claim against the parties of to the derivative that depends on some economic reference which is outside of the financial condition of the two parties to the contract, such as interest rates, FX rates, commodity prices, etc.\""}
{"_id": "163126", "title": "", "text": "\"In general, all forms of debt are bad, as they keep you tied to a financial institution and can be an emotional burden for many. In the book Payback (by Margaret Atwood), debt is even described as a sin. However some forms of debt are necessary and some can help create wealth. \"\"Good\"\" debt: a mortgage - to purchase a home, which is an asset that usually appreciates in value.  Necessary debt: car loan or lease - only when there is no other mode of transportation to get to work. Really bad debt: unpaid credit cards - for dinners out.\""}
{"_id": "163149", "title": "", "text": "\"I will be attending an \"\"Information Session\"\" today with a BB firm with reps from back office/middle office divisions. I've never attended one of these before, but have done a fair amount of research on the firms and divisions that will be there. Can anyone give me any insight on how these events usually go? Should I try to introduce myself to a few people from the divisions I'm interested in, and then follow up with them right before/after I submit my application? Or just ask them some general questions or something. Sorry if this seems like a silly question, I've just never attended any event like this for finance before.\""}
{"_id": "163152", "title": "", "text": "They are pretty good. But for better rates, shop around. I'd suggest Ally or Alliant Credit Union."}
{"_id": "163168", "title": "", "text": "Unfortunately, my taxes tend to be complicated This. In and of itself, is a greater reason to keep the documents. The other answer offered a good summary, but keep in mind, if the IRS decides you fraudulently withheld claiming income, they can go back 7 years.  I bought a rental property in 1987, and sold it in 2016. In that case, keeping the returns seemed the right thing to do to have the paper trail for basis, else I could claim anything, and hope for the best.  I have all my tax returns since my first tax return, 1980. It's one drawer of a file cabinet. Not too great a burden."}
{"_id": "163197", "title": "", "text": "If you want to invest in stocks, bonds and mutual funds I would suggest you take a portion of your inheritance and use it to learn how to invest in this asset class wisely. Take courses on investing and trading (two different things) in paper assets and start trading on a fantasy exchange to test and hone your investment skills before risking any of your money. Personally I don't find bonds to have a meaningful rate of return and I prefer stocks that have a dividend over those that don't. Parking some of your money in an IRA is a good strategy for when you do not see opportunities to purchase cashflow-positive assets right away; this allows you to wait and deploy your capital when the opportunity presents itself and to educate yourself on what a good opportunity looks like."}
{"_id": "163198", "title": "", "text": "Hollywood doesn't care about the message that the films produce, they don't care about the social change. All they care about is the money that they will lose if the industry system falls apart. They are worried that what happened/is happening to the RIAA will happen to the MPAA, and that is what they are trying to protect against.   Why would James Cameron go to Fox to distribute his movie, if he could just distribute it himself and keep more of the profits. That's their biggest fear. If they can't control the distribution methods on the internet, then they can't control their inevitable deterioration into obsoleteness."}
{"_id": "163199", "title": "", "text": "\"Can I write off the $56,000 based on demand letters? Or do I need to   finish suing him to write-off the loss? No and no. You didn't pay taxes on the money (since you didn't file tax returns...), so what are you writing off? If you didn't get the income - you didn't get the income. Nothing to write off. Individuals in the US are usually cash-based, so you don't write off income \"\"accrued but never received\"\" since you don't pay taxes on accrued income, only income you've actually received. Should I file the 2012 taxes now? Or wait until the lawsuit finishes? You should have filed by April 2013, more than a year ago. You might have asked for an extension till October 2013, more than half a year ago. Now - you're very very late, and should file your tax return ASAP. If you have some tax due - you're going to get hit with high penalties for underpaying and late filing. If the lawsuit finishes in 2014, does it apply to the 2012 taxes? Probably not, but talk to your lawyer. In any case - it is irrelevant to the question whether to file the tax return or not. If because of the lawsuit results something changes - you file an amended return.\""}
{"_id": "163209", "title": "", "text": "Burger King actually only owns and operates 52 stores in the US total (that are used as testing locations). The rest are all franchises.  I wonder how the franchise payments work out in this situation, there might be very little restructuring needed once BK moves to the great white north."}
{"_id": "163216", "title": "", "text": "\"In the US, the title company usually collects all money being paid by parties to the sale (including the buyer, seller, and mortgage companies) and then pays out money where its due to the respective parties (the seller, and possibly mortgage companies, housing inspectors, etc.)  If you have equity, meaning that you sold your house for a price greater than what you owed on your mortgage, you'll typically get them money from the title company, but they are really passing through money that they got from the buyer (less whatever fees are going to the title company itself and other third parties involved). One misconception, however, is that if you paid off part of your mortgage over time that you automatically \"\"have equity.\"\"  That's really only true if you find a buyer willing to pay a price greater than what's left on your mortgage.  When housing prices decline, it's possible that you as the seller may need to bring a check to closing and do not get any money back. (They buyer is presumably bringing a bigger check, but you would need to make up the difference between what the buyer pays and what you still owe on your mortgage.)\""}
{"_id": "163257", "title": "", "text": "In Phoenix you can get a two bedroom for $600/mo in an okay neighborhood if you know where/when to look, and a bit cheaper if you're willing to go a bit skeezier. Since we are talking minimum wage, you should be hopefully be able to find a job within biking distance (or, if you live in Tempe, take the free bus.) Have one person work mornings and the other work evenings/nights and you don't need daycare. (Other options: have them stay with a nearby family member, trade off watching the kids with other working families, or go for a three bedroom, grab a family member, and have someone work a 20-hr week instead.) Electricity averages to something like $100/mo over the course of the year (my high was about $150, low was around $40 in a two-bedroom.) So ~$700/mo for shelter, maybe $30/mo for a bus pass. That's $730/mo. I'm not saying it would be comfortable, but it can be done."}
{"_id": "163262", "title": "", "text": "Yep, I thought this was how it was done in almost engineering disciplines. Extremely detailed spec sheets, but not blueprints. It's obvious why... making blueprints for a manufacturing facility you don't know anything about is difficult, and I'm sure it results in a nightmare of trading plans and revisions back and forth between the engineers at home and at the contractor, as well as duplication of engineering talent (and cost-saving was the reason Boeing was subcontracting in the first place).  NASA didn't provide blueprints when doing the original Apollo mission (arguably the best example of gigantic subcontractor jobs), they provided extremely detailed specs and watched progress like a hawk.  The main problem sounds like the subcontractors were subpar and not properly managed."}
{"_id": "163271", "title": "", "text": "Who really creates jobs? A symbiosis of entrepreneurs willing to take risk to introduce something to the market, consumer demand for more or new products, existing businesses expanding their base due to this demand, and yes, even government stimulation and incentive. Plus a hundred other factors I forgot.  It's never as simple as one might want it to be."}
{"_id": "163286", "title": "", "text": "Like the old Perrier-San Pelegrino case study?  Market Basket offers a much much better experience then the local Shaws, A&amp;Ps, Stop and Shops and other crap.  I think product differentiation should help them out to gain back customers.  Also, people want to be part of the story, which in this case involves a triumphant return of the CEO."}
{"_id": "163287", "title": "", "text": "\"Your initial plan (of minimizing your interest rate, and taking advantage of the 401(k) match) makes sense, except I would put the 401(k) money in a very low risk investment (such as a money market fund) while the stock market seems to be in a bear market.  How to decide when the stock market is in a bear market is a separate question. You earn a 100% return immediately on money that receives the company match -- provided that you stay at the company long enough for the company match to \"\"vest\"\".  This immediate 100% return far exceeds the 3.25% return by paying down debt. As long as it makes sense to keep your retirement funds in low-risk, low-return investments, it makes more sense to use your remaining free cash flow to pay down debts than to save extra money in retirement funds. After setting aside the 6% of your income that is eligible for the company match, you should be able to rapidly pay down your debts.  This will make it far easier for you to qualify for a mortgage later on.  Also, if you can pay off your debt in a couple years, you will minimize your risk from the proposed variable rate.  First, there will be fewer chances for the rate to go up.  Second, even if the rate does go up, you will not owe the money very long.\""}
{"_id": "163289", "title": "", "text": "If you are not planning on living in your condo for at least 10 years don't do it. For about 5 years your mortgage will be more then rent, after 5 years you start to break even and may start paying less. On the other hand, if you plan to be there for 10 years or more it might be a great savings tool,"}
{"_id": "163290", "title": "", "text": "The dividend goes to he who owns the stock when it goes ex-div. A buyer (the call buyer who exercises) will not exercise unless the stock plus dividend are in the money. Otherwise they'd be buying the stock at a premium.  I like the scenario your friend doesn't. If I can find a high dividend stock and sell the call for a decent price, I may get a great return on a stock that's gone down 5% over a year's time. If it goes up and called away, that's fine too, it means a profit."}
{"_id": "163299", "title": "", "text": "I dont really understand how this would work. In stocks, you are buying a share in a company at a specific price that fluctuates with the value of the company. In bonds, you are lending money for a specific time period with the hopes of getting your money back plus interest. Is actual money going to be lent? Are there going to be different bond products for each company every time they issue new debt? It just doesn't seem practical to me."}
{"_id": "163303", "title": "", "text": "What you want is the average change in rate of the Australian Dollar against multiple other currencies, to even out the effect of moves in a single other currency. People often look at the trade-weighted exchange rate to get an idea of this, as it allows you to look at the currencies that are most relevant, rather than every tiny other currency having an equal weight."}
{"_id": "163325", "title": "", "text": "&gt; Short of packing up and moving, what is an effective way to network with people from these larger cities?  Alumni groups should be able to help. Join a CFA society as well, there may be some interconnectedness there.   &gt; Is there demand for quants and junior quants, or is there too much supply?  I think there is still enough demand for the time being. This will change, of course, but I think it's still in demand.   &gt; Will I need to get a PhD to be relevant?   I don't *think* so, but I have seen postings requiring a PhD. Browse job postings to determine this. Generally speaking however, it seems like overkill to me.  &gt; Can I transfer my background or skills into another area of finance first to get the networking contacts?  Yes. CFA material shows interest and knowledge, as does the degree. Programming knowledge is in demand in many places now. Have you considered valuation work?"}
{"_id": "163333", "title": "", "text": "Yes for every order there is a buyer and seller. But overall there are multiple buyers and multiple sellers. So every trade is at a different price and this price is agreed by both buyer and seller. Related question will help you understand this better. How do exchanges match limit orders?"}
{"_id": "163345", "title": "", "text": "Oh poor me I have to drive a shiny and clean sedan instead of shiny and clean sports car on a trip I'm not even paying for /s.   Don't try and justify an entitlement complex. This guy is pissed that his ass has to be in a nice Kia instead of a nice Mustang on a trip he isn't even paying for, while the majority of the world's population still live agricultural lifestyles from the cradle to the grave."}
{"_id": "163348", "title": "", "text": "The Nebraska DMV web site has a neat page about this. It seems to be fairly simple, and not costly to record a lien and later release it. Just go there with the title and the sales agreement that details the terms, and pay the $7 fee."}
{"_id": "163353", "title": "", "text": "\"What are the options available for safe, short-term parking of funds? Savings accounts are the go-to option for safely depositing funds in a way that they remain accessible in the short-term. There are many options available, and any recommendations on a specific account from a specific institution depend greatly on the current state of banks. As you're in the US, If you choose to save funds in a savings account, it's important that you verify that the account (or accounts) you use are FDIC insured. Also be aware that the insurance limit is $250,000, so for larger volumes of money you may need to either break up your savings into multiple accounts, or consult a Accredited Investment Fiduciary (AIF) rather than random strangers on the internet. I received an inheritance check... Money is a token we exchange for favors from other people. As their last act, someone decided to give you a portion of their unused favors. You should feel honored that they held you in such esteem. I have no debt at all and aside from a few deferred expenses You're wise to bring up debt. As a general answer not geared toward your specific circumstances: Paying down debt is a good choice, if you have any. Investment accounts have an unknown interest rate, whereas reducing debt is guaranteed to earn you the interest rate that you would have otherwise paid. Creating new debt is a bad choice. It's common for people who receive large windfalls to spend so much that they put themselves in financial trouble. Lottery winners tend to go bankrupt. The best way to double your money is to fold it in half and put it back in your pocket. I am not at all savvy about finances... The vast majority of people are not savvy about finances. It's a good sign that you acknowledge your inability and are willing to defer to others. ...and have had a few bad experiences when trying to hire someone to help me Find an AIF, preferably one from a largish investment firm. You don't want to be their most important client. You just want them to treat you with courtesy and give you simple, and sound investment advice. Don't be afraid to shop around a bit. I am interested in options for safe, short \"\"parking\"\" of these funds until I figure out what I want to do.  Apart from savings accounts, some money market accounts and mutual funds may be appropriate for parking funds before investing elsewhere. They come with their own tradeoffs and are quite likely higher risk than you're willing to take while you're just deciding what to do with the funds. My personal recommendation* for your specific circumstances at this specific time is to put your money in an Aspiration Summit Account purely because it has 1% APY (which is the highest interest rate I'm currently aware of) and is FDIC insured. I am not affiliated with Aspiration. I would then suggest talking to someone at Vanguard or Fidelity about your investment options. Be clear about your expectations and don't be afraid to simply walk away if you don't like the advice you receive. I am not affiliated with Vanguard or Fidelity. * I am not a lawyer, fiduciary, or even a person with a degree in finances. For all you know I'm a dog on the internet.\""}
{"_id": "163354", "title": "", "text": "Victor, Yes the drop in price does completely cancel the dividend at first. However, as others have noted, there are other forces working on the price as well. If dividends were pointless then the following scenario would be true: Let's assume, hypothetically, two identical stocks, only one of which pays a 2% annual dividend quarterly. At the end of the year we would expect the share price of the dividend stock to be 2% lower than the non-dividend stock.  And an equal investment in both stocks would yield exactly the same amount of money. So that is a hypothetical, and here is real market example: I compared, i.e. took the ratio of Vanguard's S&P 500 ETF (VOO) closing price to the S&P 500 Index closing price from sep 9, (2010-2014), after accounting for the VOO 2013 split. The VOO pays a quarterly dividend(about 2%/year), the S&P is an index, hence no dividend. The VOO share price, reduced each quarter by the dividend, still grew more than the S&P each year except 2012 to 2013, but looking at the entire 4yr period the VOO share price grew 80.3987% while S&P grew 80.083% (1/3 of 1% more for VOO). VOO does drop about 1/2% relative to S&P on every ex date, but obviously it makes it up. There are other forces working on VOO. VOO is trade-able, therefore subject to supply/demand pressures, while the S&P 500 is not. So for the VOO ETF the data does not indicate pointless dividends but instead implies dividends are free money. StockCharts.com supports this.  S&P500 for last 1244 days (9/8/2010) shows 90% growth http://stockcharts.com/freecharts/perf.php?%24SPX while VOO for last 1244 days shows 105% growth http://stockcharts.com/freecharts/perf.php?VOO"}
{"_id": "163359", "title": "", "text": "I think what the person meant to say is that Gold is not a one stop solution. There's nothing wrong with having Gold in an otherwise diversified portfolio but you need to be aware about the potential downsides: The problem with gold is that its value nowadays depends mainly on investor confidence, or the lack of it (actual demand for gold cannot explain the rise in value gold had after the crisis). If people are afraid the world and currencies with it will go to hell, the gold price will go up. Why? Because if currencies seize to exist, Gold will still be accepted. It can replace currencies. What many people tend to forget: let's consider the extreme example and currencies really cease to exist and all hell breaks lose. What good are gold bars at the bank, or even at home, for that matter? You'll be better off with gold coins to use in barter and to pay off marauders. But that's not about investing anymore, that's survivalism."}
{"_id": "163385", "title": "", "text": "What you are describing is called following (or going over) a budget. There is no debt or loans in the scenario you are describing. Simply put a budget is when you allocate a certain amount of your income for expenses in various categories, and a certain amount for savings.  So lets say you earn $100 a month. If you budget $50 in expenses every month, then that means you try not to spend more then $50 a month, and the rest you save. In any given month, you may go over your self-imposed budgeted amount for expenses. That simply means you are over the budgetted amount for that month, but that does not make you 'in debt'. It just means you didn't meet your goal for that month (or whatever time period you created). However, if you do this habitually then you clearly don't have a realistic budget, because the idea behind a budget is a plan that you can realistically meet on a consistent basis. Sometimes you may have to break it, but it should be made in such a way that if you work at it, it is consistently achievable. If not, then you need to rethink your budget. Instead of thinking in terms of taking loans from yourself, I would encourage you to think in terms of saving up for goals and only spending money from those 'goal funds.' In this way, you are not arbitrarily spending money that would instead go into savings, but rather explicitly setting money aside for those goals. This will also help you to see where exactly your money is going and also help you to prioritize your financial goals."}
{"_id": "163387", "title": "", "text": "The weird about counting stocks as a form of wealth for their trading value is that he literally can't use that money without losing his company and his source of wealth.  That and Bill Gates transfer of wealth from his publicly owned company into his own privately held entity means there's no way to see how rich Bill G is anymore. He could be making massive amounts of money from that NPO and the only people who would know is the government."}
{"_id": "163389", "title": "", "text": "&gt;complete hyperbole.  one cannot be taken serious when this is the reply   I wish it was hyperbole. Look at every cabinet memeber in this administration, look at their histories. Theyre all there for one purpose and that is to dismantle their respective organizations. Their resumes say nothing else.  Whether or not you choose to take that seriously is up to you."}
{"_id": "163396", "title": "", "text": "What you will probably get is an option to buy, for \u00a310,000, \u00a310,000 worth of stock. If the stock price on the day your option is granted is \u00a32.50, then that's 4,000 shares. Companies rarely grant discounted options, as there are tax disincentives. The benefit of the stock option is that when you exercise it, you still only pay \u00a310,000, no matter what the 4,000 shares are now worth. This is supposed to be an incentive for you to work harder to increase the value of the company. You should also check the vesting schedule. You will typically not be able to exercise all your options for some years, although some portion of it may vest each year."}
{"_id": "163429", "title": "", "text": "\"It's amazing how many times I've had to say that to people who are calling *others* idiots. It baffles me that they can't follow the simple logic. There's usually a \"\"Should a black baker have to make a cake for the KKK?!\"\" or something, prompting, \"\"Is 'KKK member' a protected class?\"\" It's really not a difficult concept.\""}
{"_id": "163433", "title": "", "text": "There are many stategies with options that you have listed. The one I use frequently is buy in the money calls and sell at the money staddles. Do this ONLY on stocks you do not mind owning because that is the worse thing that can happen and if you like the company you stand less of a chance of being scared out of the trade. It works well with high quality resonable dividend paying stocks. Cat, GE, Mrk, PM etc. Good luck"}
{"_id": "163446", "title": "", "text": "Metals and Mining is an interesting special case for stocks.  It's relationship to U.S. equity (SPX) is particularly weak (~0.3 correlation) compared to most stocks so it doesn't behave like equity.  However, it is still stock and not a commodities index so it's relation to major metals (Gold for instance) is not that strong either (-0.6 correlation). Metals and Mining stocks have certainly underperformed the stock market in general over the past 25years 3% vs 9.8% (annualized) so this doesn't look particularly promising.  It did have a spectacularly good 8 year period ('99-'07) though 66% (annualized).  It's worth remembering that it is still stock.  If the market did not think it could make a reasonable profit on the stock the price would decrease until the market thought it could make the same profit as other equity (adjusted slightly for the risk).  So is it reasonable to expect that it would give the same return as other stock on average?  Yes.. -ish.  Though as has been shown in the past 25 years your actual result could vary wildly both positive and negative. (All numbers are from monthly over the last 25 years using VGPMX as a M&M proxy)"}
{"_id": "163448", "title": "", "text": "If you are looking for personal care service, Sweet Love Home Care one of the best personal care agency. Sweet Love Home Care Agency specializes in non-medical home care services for the elderly, disabled individuals, veterans and children. We continue to expand our services to meet the needs of the clients we serve and the community."}
{"_id": "163469", "title": "", "text": "The article makes it seem as though she called the cops because the children were making noise. In my city any sound of play coming from children under the age of 12 is not against the noise ordinance. I'm imagining it's similar in LA, hopefully, and the dumb bitch didn't know any better."}
{"_id": "163478", "title": "", "text": "Get instant eApproval for your Personal Loan &amp; Meet your all sorts of financial needs such as  buying your dream vehicle , furnishing your home or a family holiday, unexpected expenses at attractive interest rate &amp; with minimal documentation."}
{"_id": "163480", "title": "", "text": "I'm all for universal health care. It costs less and everyone gets covered. But You can't call it capitalism currently when the government makes laws that's kills competition. Ask any Pharmacist and they'll tell you how corrupt the FDA is. What we have now is far from capitalism.   Capitalism gets a bad wrap but nobody bitches when you have so many smart phones to choose from. What if hospitals had to list prices? How much for an X-ray? I have no idea how much that shit cost.    It's good for everyone to know prices but the system makes it less transparent and that's on purpose.  People blame capitalism but they mistake it for how the government runs things."}
{"_id": "163494", "title": "", "text": "&gt;Or....maybe rich people would not hoard all of the property  That would only happen if real-estate stopped being a reliable long term investment.  A tax would only burden the not-so ultra wealthy.. and real estate companies trading properties would raise the costs of doing transactions to cover the cost of property taxes"}
{"_id": "163522", "title": "", "text": "\"It's called being smart.  I spent 2+ years building a business that now brings me \"\"passive income\"\".  IE: It runs itself online and I only need to put a couple of hours/week.  Have you ever tried a \"\"turnkey operation\"\"?  Anything easy is so saturated that you will most likely never make money.\""}
{"_id": "163523", "title": "", "text": "usana--Usanimals, USANA's essentials and usana vitamins for kids, are an advanced formulation of nutrients necessary for a healthy childhood. In addition to a phytonutrient blend of blackberry, cranberry, raspberry, and wild blueberry fruit powders, Usanaimals contain a comprehensive array of antioxidants, vitamins, and minerals, in amounts designed especially for active, growing kids. USANA Usanimals is an advanced formulation of nutrients necessary not only for a healthy childhood, but also for laying the foundation of good health for a lifetime. Now with a great-tasting natural wild berry flavor, an extra boost of vitamin D, and the addition of Iron, this new formulation is sure to be a hit with both parents and children alike."}
{"_id": "163532", "title": "", "text": "\"There are two things I would like to add. By no means am I an expert on this, so please call me out if you spot a mistake.  &gt; Economic contraction scared people. So instead of continuing making promises, they started paying off the promises they had  Every true.... **expect** this didn't cause the ball to stop rolling so much as it stopped the ball from rolling a little sooner than it otherwise would have.  As pointed out in the comments above, money is debt and with debt (in the system we've chosen to adopt) comes interest. That means that new money **must** be created in order for old money to be repaid. Which leads to a need for perpetual growth. And perpetual growth is unsustainable. Pure and simple, it doesn't exist.  So yeah, people got a fright and that put the brakes on the economy, but it was going to happen eventually.  &gt; People paying off debt is fine so long as there is sill money for services, and people paying for service is fine *so long as they don't rack up more debt than they can pay*.  As explained above, this is a fallacy because our monetary system literally requires that people aren't responsible when it comes to debt. Eventually we'll get to a stage the vast majority of people have taken on as much debt as they can logically support, at which point they would need to take on even more debt in order to service the debt that already exists. It's either that or the money supply contracts and you have a recession.  It always disgusts me when I hear people saying things like \"\"they should known better\"\" or \"\"this is what you get for not handling your finances correctly\"\" when describing people that get into debt issues. The system literally depends on people acting like idiots and taking on more debt than they can support.  It's also a reason why you can't really blame Wall Street for what happened - even though they did some messed up things, they were just playing by the rules of the game.\""}
{"_id": "163536", "title": "", "text": "You conveniently ignored  &gt; (between the bottom 10% and top 10%, discounting dictatorships where only a tiny amount of people control the wealth)  Coincidentally, I am from Denmark, but have moved to America. My standard of living in America when I was making minimum wage was better than that of my family still in Denmark who had much better jobs. The income inequality in America results in a much higher standard of living than the income equality in Denmark."}
{"_id": "163543", "title": "", "text": "I mean its probably not set like that in a cynical sense, though yeah any time its coming from a private company it'll be as expensive as they think people can pay without losing their shit.   ps. things that are supposed to be human rights should just be on up to a certain amount. Obviously you don't want needless waste of resources so it'd be good to have some kind of overage fines."}
{"_id": "163557", "title": "", "text": "\"Yet another \"\"If X, then EUROFAIL!!\"\" It's really fucking tedious even without the screamingly, mind-numbingly wrong \"\"logic\"\" of this one.   If you're lending money to Germany at 0% and still expect to make a profit, it's because the Euro *will be HIGHER* than your currency at the end of the loan period.  This one doesn't look like stupidity so much as a really ham-fisted manipulation attempt to engineer a short-term euro drop for a nicer buy-in.\""}
{"_id": "163566", "title": "", "text": "\"You have a Solo 401(k). You can fund it with cash, or I believe, with shares of your own company. You can't pull in other assets such as the ISOs from another employer. I see why that's desirable, but it's not allowed.  You wrote \"\"this will mitigate all tax complications with employee stock options.\"\"  But - you can't transfer the ISOs from your job into your Solo 401(k). As littleadv notes, it's self dealing. Once the ISO is exercised there's no hiding the gain into that 401(k).\""}
{"_id": "163590", "title": "", "text": "\"So, I've read the article in question, \"\"Basically, It's Over\"\".  Here's my opinion: I respect Charlie Munger but I think his parable misses the mark.  If he's trying to convince the average person (or at least the average Slate-reading person) that America is overspending and headed for trouble, the parable could have been told better.  I wasn't sure how to follow some of the analogies he was making, and didn't experience the clear \"\"aha\"\" I was hoping for. Nevertheless, I agree with his point of view, which I see as:  In the long run, the United States is going to have serious difficulty in supporting its debt habit, energy consumption habit, and its currency. In terms of an investment strategy to protect oneself, here are some thoughts.  These don't constitute a complete strategy, but are some points to consider as part of an overall strategy: If the U.S. is going to continue amassing debt fast, it would stand to reason it will become a worse credit risk, requiring it to pay higher interest rates on its debt.  Long-term treasury bonds would decline as rates increase, and so wouldn't be a great place to be invested today. In order to pay the mounting debt and debt servicing costs, the U.S. will continue to run the printing presses, to inflate itself out of debt.  This increase in the money supply will put downward pressure on the U.S. dollar relative to the currencies of better-run economies.  U.S. cash and short-term treasuries might not be a great place to be invested today.  Hedge with inflation-indexed bonds (e.g. TIPS) or the bonds of stronger major economies \u2013 but diversify; don't just pick one. If you agree that energy prices are headed higher, especially relative to U.S. dollars, then a good sector to invest a portion of one's portfolio would be world energy producing companies.  (Send some of your money over to Canada, we have lots of oil and we're right next door :-) Anybody who has already been practicing broad, global diversification is already reasonably protected.  Clearly, \"\"diversification\"\" across just U.S. stocks and bonds is not enough. Finally: I don't underestimate the ability of the U.S. to get out of this rut.  U.S. history has impressed upon me (as a Canadian) two things in particular: it is highly capable of both innovating and of overcoming challenges.  I'm keeping a small part of my portfolio invested in strong U.S. companies that are proven innovators \u2013 not of the \"\"financial\"\"-innovation variety \u2013 and with global reach.\""}
{"_id": "163621", "title": "", "text": "Conservative = erring on the side of ascribing a higher EV to the business. Because if you're someone looking to acquire the business, for example, and let's say we're talking about a business that has debt which trades at a discount, it's more conservative to assume that the debt can't necessarily be restructured.  To use an extreme example, as you're valuing the business, would it be conservative or aggressive to assume that the debt got magically wiped out altogether? So that's why I'm saying that it's more conservative to use the book value of the debt."}
{"_id": "163628", "title": "", "text": "\"I have never got my head around how they managed to sell a personal photo blog website for billions of dollars, how they came up with that fart in a bag valuation is a testament to how finance people understand technology.  Its going to be hilarious watching the face of the person left hold the stock in the end, because the break up value of this company is going to be a couple of servers, storage and a fucking web page and terabytes of photos of lonely desperate people.  And what really creeps me out is how can educated people in this day and age put all of their personal pics and info out there on the internet and knowing the ilk this Suckerberg belongs to, becoming part of that data base with names addresses and picture, and the ever nauseating updates . . .\"\"Hey . .my darling wife is taking a shit and I just want to let her know I lover her\"\"  \"\"Oh sweety . .I just let out a real soggy wet fart . . .my darling . .can't wait to be out of the bathroom and with you again soon\"\"  Its just so desperate\""}
{"_id": "163630", "title": "", "text": "\"I have traded options, but not professionally. I hadn't come across this terminology, but I expect it counts how far in-the-money, as an ordinal, an option is relative to the distinct strike prices offered for the option series \u2014 a series being the combination of underlying symbol, expiration date, and option type (call/put); e.g., all January 2015 XYZ calls, no matter the strike. For instance, if stock XYZ trades today at $11 and the available January 2015 XYZ calls have strike prices of $6, $8, $10, $12, $14, and $16, then I would expect the $10 call could be called one strike in the money, the $8 two strikes in the money, etc. Similarly, the $12 and $14 calls would be one and two strikes out of the money, respectively. However, if tomorrow XYZ moves to $13, then the $10 previously known as one strike in the money would now be two strikes in the money, and the $12 would be the new one strike in the money. Perhaps this terminology arose because many option strategies frequently involve using options that are at- or near-the-money, so the \"\"one strike in\"\" (or out) of the money contracts would tend to be those employed frequently? Perhaps it makes it easier for people to describe strategies in a more general sense, without citing specific examples. However, the software developer in me dislikes it, given that the measurement is relative to both the current underlying price (which changes quickly), and the strike prices available in the given option series. Hence, I wouldn't use this terminology myself and I suggest you eschew it, too, in favor of something concrete; e.g. specify your contract strikes in dollar terms \u2014 especially when it matters.\""}
{"_id": "163639", "title": "", "text": "&gt;As a boston resident, these stores will be jam packed this weekend. The store i go to has 20 lanes 5-6 customers deep from opening on friday to close, and it looks like that almost every weekend day.   Which is one of the top criticisms of Market Basket.  If they are smart, they will overstaff this weekend as they have a chance for new customers.  If there are 15-minute waits to checkout, they won't win over new customers at all.  MB shoppers are slightly lower SES than the overall population, but that is primarily due to the lower prices.    We'll see what their weekly sales look like for the upcoming months, and I won't be shocked to see a slight change from where it was previously, be that higher or lower."}
{"_id": "163641", "title": "", "text": "Leverage comes in many forms.  You'll learn about things like operational leverage, financial leverage, and total leverage throughout school.  In the real world, tier 1 capital ratio has become the most commonly scrutinized because it is essentially a ratio of the core equity capital of a firm divided by the risk weighted assets (assets multiplied by a credit weighting which for most banks now a days is using the standard of Basel 2.5 and moving towards Basel III).  The multiples you talked about were references to the reciprocal of this formula.  You could reciprocate the T1C ratio and get a whole number that is the multiplier.  This multiplier would show for every 1$ in core capital, how much the firm held in risk weighted assets.  The 30x number would have represented a tier 1 cap of 3.33%.  The concept behind it being, a 10% growth in risk weighted assets with a 3.33% T1CR would result in a 300% growth in core equity capital value.  As proven in 2008, it is a double edge blade and works the same way in both directions."}
{"_id": "163661", "title": "", "text": "As pointed out by other posters, you need to check exact language of your settlement contract. In US, the answer depends on the state where this property is located. For example, in Michigan, one pays their real estate taxes for the current year, but in Illinois, one pays their taxes for the PRIOR year. This means that if you sold your property on January 2nd, 2014 in Michigan, as a seller, you are responsible for the portion of the tax bill for January 1st, 2014 only, and you will compensate the buyer for this amount via settlement provisions. In Illinois, as seller, you are responsible to make the payment in 2014 for tax year 2013. You will either make the full payment yourself or compensate your buyer via settlement funds. You will also compensate them for January 1st, 2014 portion as well."}
{"_id": "163670", "title": "", "text": "\"Long here does not mean you wish for the underlying stock to increase in value, in fact, as the chart shows, just the opposite is true.  \"\"Long means you bought the derivative, and you own the option. The guy that sold it to you is at your mercy, he is short the put, and it's your decision to put the stock to him should it fall in value.  The value of the put itself rises with the falling stock price, you are long the put and want the put, itself, to rise in value.\""}
{"_id": "163685", "title": "", "text": "For the first part of your question, I think the answer is a combination of three things:  (1) Bigger companies have leverage to negotiate better deals due to volume.  (2) Some of these companies are also taking bookings from outside the US for people traveling to the US (either directly or through affiliates).  This means that they also have income in other currencies, so they may not actually be making as many wire transfers as you think.  They simply keep a bank account in Europe, for example, in Euros to receive and send money in the Eurozone as needed.  They balance the exchange on their books internally in this case, without actually sending funds through the international banking system.  Similarly in other parts of the world. (3) These companies are not going to make a wire transfer for every transaction, in any case.  They are going to transfer big sums of money to an account abroad to balance things on a longer-term basis (weekly, month, etc.)  Then they will make individual payments to service providers out of the overseas account in between these larger, international transfers. For the second part of your question, I think there's probably no way for a new business to get the advantages of scale unless you've got significant capital backing your endeavor that would make it plausible that you'll be transferring in scale.  I don't see any reason in principle that the new company could not establish bank accounts abroad and try to execute the plan outlined in #2 above except that it would require some set-up costs to do the proper paperwork in each country, probably to travel, and to initially fund the various accounts."}
{"_id": "163693", "title": "", "text": "\"In 2013, an allowance/exemption is like saying, \"\"Please don't tax $3,900 this year.\"\" So 8 allowances is $31K not taxed. It doesn't wipe out your tax withholding.  Circular E will show you the exact amount they'll withhold based on the allowances you claim.  Keep in mind, the withholding is run-rated. i.e. it assumes a full year of work. If you had no income for the first 6 months of the year, you will actually still have too much withheld even though the number is right for the full year, starting 2014.\""}
{"_id": "163707", "title": "", "text": "&gt;One effect of this system is\u00a0job lock. People become dependent on their employment for their health insurance, and they are loath to leave their jobs, even when doing so might make their lives better.  Try telling any of this to progressives and they'll be ready to Tar and feather you... This is one of the reasons that I am hesitant to support unions..."}
{"_id": "163709", "title": "", "text": "\"I would say his delivery could use a little better tempo and charisma, but the content and references he included were just right for his audience. I just watched that video because I wasn't sure if \"\"applause break\"\" meant he had to stop for applause or there was a break in the applause. I see that you meant he had to stop because they were applauding what he said. The applause was more for the republican and american part than the gay part, but you're right. There was applause directly associated with his statement of being proud to be gay.   I have to think that his alignment with Trump is based on small government (deregulation and lower taxes) and frustration with the status quo. They are very strange bedfellows. Aside from deregulation and lower taxes, I wouldn't think that Thiel has much in common with the RNC. An example from the video is where he asks \"\"Who cares?\"\" about the issue of transgender bathrooms. The crowd cheered at that. I don't know who gets worked up more about the issue, the left or the right, but I know they both certainly do.   Hearing Thiel's thoughts today would be very interesting. I believe he has acknowledged that Trump could end in some sort of disaster. I respect Thiel's abilities, the amount of thought he has put into various topics, and his effectiveness very much. He's one of the few Trump supporters that I can't immediately write off as uninformed or biased in an egregious way. On the other hand, its hard to see how a man as intelligent as he is could respect a ridiculous carnival barker like Trump.\""}
{"_id": "163711", "title": "", "text": "If the homeowner knows the situation is hopeless, and the end result will be the loss of the home, jumping to the end result can be helpful. It is quicker, they don't spend as much time fighting a losing battle. Deed in Lieu of foreclosure is not so great for the borrower if the bank goes after them for the rest of the money owed. There can also be tax implications if the debt is forgiven. Though these issues also exist when the drawn out foreclosure option is done. For the bank. The longer the process the more the house deteriorates. The borrower may stop maintenance and may even vandalize the house. Getting their lock on the door quickly is important to them. They protect it, clean it, and prep it for sale right away. They also save on lawyer fees. They know that the moment they start the foreclosure process all money from the borrower stops, this can save thousands in carrying costs.  One issue will be how the accounting losses will be divided among the servicing company, and the investors. If the servicing company will make more money from the longer process they may not push for the quick settlement. If the opposite is true, they will be quickly on board.  For the new buyer, the issue with either foreclosure is that the longer process can result in greater hidden and visible damage. The heat pump may work, but the disgruntled homeowner stopped changing the filters the last six months. They may have also removed and damaged things on the way out. Other than that I don't see a big difference. Because the bank had lower costs involved in the foreclosure they might settle for a lower purchase price, but that might be hard to know."}
{"_id": "163724", "title": "", "text": "\"Based on the information you gave, there are dozens if not hundreds of possible theories one could spin about the rental market. Sure, it's possible that there are no listings because rental units on this street are quickly snapped up. On the other hand, it's also possible that there are no listings because almost all the buildings on the street have been abandoned and, aside from this one property that someone is tying to sell you, the rest of the street is inhabited only by wild dogs and/or drug dealers. Or maybe the street is mostly owner-occupied, i.e. the properties are not being rented to anyone. Or maybe it's a commercial district. Or maybe craigslist isn't popular with people who own property on this street for whatever reason. Maybe Syracuse has a city ordinance that says property must be advertised in the newspaper and not on websites, for all I know. Or maybe you missed it because nobody in Syracuse calls it \"\"housing for rent\"\", they all call it \"\"apartments for rent\"\" or \"\"houses for rent\"\" or some local phrase. Or ... or ... or. Before I bought a property, I'd do more research than one search on one web site. Have you visited the property? I don't know how much you're preparing to invest, I have no idea what property prices are in Syracuse, but I'd guess it's at least tens of thousands of dollars. Surely worth making the drive to Syracuse to check it out before buying.\""}
{"_id": "163733", "title": "", "text": "\"With the standard \"\"I am not a lawyer\"\" disclaimer, consider this question: If you and your girlfriend split up sometime after purchasing the house but before getting married, would you expect her to repay you for the closing costs and downpayment?  That is, if you write her a check for $5k, and 6 months after she signs the papers for the house one of you decides to break up with the other, would you expect her to write you a check for $5k in return?   That is the difference between \"\"a gift\"\" and \"\"a loan disguised as a gift\"\".  If the answer is no, you don't expect it back, then everything is fine and you're in the clear - it's perfectly legal to give someone money.  If the answer is yes, you would want to be \"\"paid back\"\", then it's not a gift and you run the risk of running afoul of the regulations.   With respect to a previous answer about \"\"gifting money that is not taxed\"\", in the US one person can give another up to $14,000 without worrying about gift taxes, and even in the event that you exceed that amount, the excess would simply eat into the lifetime exemption of $5,250,000.  (Individual states may have different rules and exempt amounts that would apply to state taxes.)   Please also consider the income issue for your \"\"rental agreement\"\".  Your GF would be expected to declare that amount and pay income tax on it as a business.  She might also declare part of that amount as expected income for purposes of securing the loan, but that may run into its own issues (you're not a roommate, and presumably the home is not a duplex or set up as apartments, and presumably she would not offer a similar deal to someone other than you).\""}
{"_id": "163765", "title": "", "text": "Vista Sand When Marty Robertson and Gary Humphreys, Managing Partners, bought Vista Sand in 2011 they knew there were a couple of things they needed to take care of in order to grow their business, replace the worn out mixed fleet they inherited in the purchase and have someone manage it for them. The solution was hiring Ron Lee, Director of Mining and Fleet Assets, in 2013 and creating a partnership with an equipment dealer who could maintain the equipment at minimal downtime."}
{"_id": "163771", "title": "", "text": "Pretty much. I'm working overseas developing an electronic system to streamline a paper approval workflow process. The amount of manpower it takes to manually maintain all this information is amazing. A simple access database application that tracks signatures and approvals could probably knock five people out of a full-time job.   I've already had several easily implementable features knocked off scope by people afraid of losing their own importance."}
{"_id": "163817", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://pensionpartners.com/when-does-a-bubble-become-a-bubble/) reduced by 94%. (I'm a bot) ***** &gt; When did it become a bubble? When does any bubble become a bubble? This is not an easy question to answer, particularly for an asset with no intrinsic value.  &gt; As we have seen, Bitcoin looked like a bubble in 2011 at $1. It looked like a bubble in 2013 at $200. And looks like a bubble today at $6,000.  &gt; If Bitcoin is trading at the same value a few years from now, but crashes many in between, was it a bubble? How much does it need to go down and how long does it need to stay down to meet the definition?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/788avh/when_does_a_bubble_become_a_bubble/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233567 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bubble**^#1 **Bitcoin**^#2 **value**^#3 **price**^#4 **look**^#5\""}
{"_id": "163829", "title": "", "text": "Sort of free market system when there are resource limits. The city doesn't sell the medallions for $2M, but they do artificially limit the number available. All the mediallion owners bought and sold the medallions on the grey market, and that drove up the price. They all speculated on something very risky. Just like Pogs or Beanie Babies, if the city suddenly decided to double the number of medallions, these owners would have likewise been screwed."}
{"_id": "163831", "title": "", "text": "HSBC will open you an account in the UK while you are still in the US. You can transfer your money before you leave the US. Your credit report and cards can also be transferred with HSBC, I think they have a mastercard. You can keep all your accounts in the US, and use online banking."}
{"_id": "163834", "title": "", "text": "In addition to George Marian's excellent advice, I'll add that if you're hitting the limits on IRA contributions, then you'd go back to your 401(k). So, put enough into your 401(k) to get the match, then max out IRA contributions to give you access to more and better investment options, then go back to your 401(k) until you top that out as well, assuming you have that much available to invest for retirement."}
{"_id": "163836", "title": "", "text": "Outside of a tax sheltered IRA or 401(k) type of account your transactions may trigger tax liability.  However, transactions are not taxed immediately at the time of the transaction; and up to a certain limits capital gains can be offset by capital losses which can mitigate your liability at tax time.  Also, remember that dividend receipts are taxable income as well. As others have said, this has nothing to do with whether or not money has been moved out of the account."}
{"_id": "163843", "title": "", "text": "Financial literacy for individuals is the instruction and comprehension of different money related issues. This subject concentrates on the capacity to manage\u00a0personal finance\u00a0matters in a productive way, and it incorporates the information of settling on suitable choices about individual finance, for example, insurance premiums, educational fees, real estate investments, tax planning, retirement saving, budget management and so on.   Let's have a look at the importance of Financial Literacy in an Individual's life so that it can become a source of inspiration for you.   Inspiration and financial literacy for individuals enable people to end up plainly independent with the goal that they can accomplish budgetary solidness. The individuals who comprehend the subject ought to have the capacity to answer a few inquiries concerning buys, for example, regardless of whether a thing is required, whether it is reasonable, and whether it a benefit or a risk.   Financial literacy for individuals shows the practices and states of mind a man has about cash that is connected to his everyday life. Financial literacy demonstrates how an individual settles on monetary choices. This attitude can enable a man to build up a money related guide to distinguish what he procures, what he spends and what he owes.   The absence of financial education can prompt owing a lot of obligation and settle on poor monetary choices. For instance, the preferences or drawbacks of settled and variable loan costs are ideas that are less demanding to comprehend and settle on educated choices about in the event that you have monetary proficiency abilities.   Monetary proficiency training ought to likewise incorporate hierarchical abilities, consumer rights, innovation and worldwide financial matters in light of the fact that the condition of the worldwide economy incredibly influences the U.S. Economy.  As per the saying of one of the renowned actor cum producer, Lucille Bell, 'Keeping busy and making optimism a way of life can restore your faith in yourself'. Yes, the current market trend has proved this inspirational quote to a true extent. Investing money into trading and financial market is a hard nut to crack and it requires a thought-provoking financial inspiration for individuals. To earn handsome money, you need to become smart enough to understand the market behavior, market flows and all the associated ups and downs. Now, you are confused. No, you don't need to hold an MBA degree or become a financial expert to learn lucrative investing skills. Wealth Generators is there for you to make you learn all the essentials techniques required to make your hard earned money provide you with the best output which you can never imagine. Yes, optimism and the smart skills are the two pivotal ways to get success over the curvature of the financial twisting.   We are considered to be one stop financial inspirations for individuals who wish to earn money by making smart investments. It all has become possible due to years of research and development of our financial veterans and their innovative attitude in developing financial tools. The amalgamation of the computer, communication technologies and our educational financial tools have lowered the risk of investments. With a commitment and optimistic approach, you can earn good money in no time, if you have proper market knowledge. Our experts have done extensive research and they are always updated with the latest insights of the trading and investment markets. We believe that your solid financial inspiration to save your expenses and turning them into handsome profits can make you a wealthy person. So, if you are really willing it, Wealth Generators is there for you, the ultimate source of your financial inspiration."}
{"_id": "163854", "title": "", "text": "\"To your first comment: yup. To your second comment, A = L + E. If E goes down, and L goes up, the net effect is 0. Then, if L goes down, and A goes up, the net effect is 0 and we are balanced once again. There is no \"\"rebalancing\"\" equity. You just have to make sure that, at the end of your journal entries, the accounting equation holds.  It's a very unintuitive concept to wrap your head around, but spend some time mapping out the flow of various journal entries. Once it clicks, you'll really understand the logic.\""}
{"_id": "163862", "title": "", "text": "When I go to Niagara Falls, for example, the towers on both sides pick up my phone. I'll be standing fully within Canada and get a 'welcome to the US' text, and vice versa. This is known to happen and usually isn't a big deal. The article talks about roaming in a neighboring country, so it doesn't really clarify if it's simply near border connection as I've described, or if the phone is supposed to have connected further in the country."}
{"_id": "163863", "title": "", "text": "I'm concerned enough that the *hash* alone is out there to change it. It's one level of security on which you should be able to rely: unique pw, pw is hashed, hashing is (hopefully) salted, login is via SSL, etc etc. The fact that the hash alone is out there - even if I think it's fairly unguessable - is enough for me to decide to change it."}
{"_id": "163865", "title": "", "text": "\"I am not 100% sure, but I think the answer is this:  You can't max out both.  You could theoretically max out the SIMPLE IRA ($11,500) and then contribute $4,000 to your 401k, but your total can't exceed the 401k limit of $16,500.  This also means you could max out your 401k at $16,500, but you couldn't contribute anything to the SIMPLE IRA.  Note that no matter what, you can't contribute more than $11,500 to your SIMPLE IRA. (Note that this is all independent from your Traditional or Roth IRA, which are subject to their own limits, and not affected by your participation in employer-sponsored plans.) As I understand it, a 401k and a SIMPLE IRA both fall under the umbrella of \"\"employer-sponsored plans\"\".  Just like you can't max out two 401k's at two different employers, you can't do it with the 401k and the SIMPLE IRA.  The only weird thing is the contribution limit differences between SIMPLE IRA and 401k, but I don't think the IRS could/would penalize you for working two jobs (enforcing the lower SIMPLE IRA limit for all employer-sponsored retirement accounts). You should probably run the numbers, factoring in the employer match, and figure out which account-contribution scenario makes the most financial sense for you.  However, I'm not sure how the employer match helps you when you're talking about a small business that you own/run.  You may also want to look at how the employer match of the SIMPLE IRA affects the taxes your business pays. Disclaimer #1:  I couldn't find a definitive answer on your specific scenario at irs.gov.  I pieced the above info from a few different \"\"SIMPLE IRA info\"\" sites.  That's why I'm not 100% sure.  It seems intuitively correct to me, though.  Does your small business have an accountant?  Maybe you should talk to him/her. Disclaimer #2:  The $ amounts listed above are based on the IRS 2010 limits.\""}
{"_id": "163872", "title": "", "text": "I have an eight year old Kia Spectra that my wife is after me to replace -- but it hadn't been giving me any trouble at all.  Soon after she started telling me I should replace it soon it started having problems; compressor, tires, and so on.  How did she know? Anyway, so now I'm looking -- not ready to buy yet, but I'm looking.  The reason I won't be leasing is mileage.  I live 45 miles from where I work, so with incidental driving, I put at least 100 miles a day on a car.  That's about 26,000 miles a year if I do nothing but drive back and forth to work. On a monthly basis the lease is advertised as being less than most payments, but that is with a mileage limitation.  Since most leases I've looked at top out the mileage well below that mark I won't be leasing. I am looking at the new cars that are available now -- but I don't plan on buying until next year, and buying a lightly used car that is only a year to two old.  So I'm looking at what I will be buying while I can still find information about them. So yeah, mileage is a strong reason why I'm not considering leasing."}
{"_id": "163877", "title": "", "text": "I don't feel a thing, my livelihood is hurting from the type of greed displayed by the asshole I was replying too. You don't have to give a fuck, this country doesn't have to get better, inequality can drive us to third world standards, it's fine. I'm sure you're going to be voting to re-elect Trump. Don't bother replying to me."}
{"_id": "163878", "title": "", "text": "I've never seen anything in any IRS publication that placed limits on the balance of a 401K, only on what you can contribute (and defer from taxes) each year.  The way the IRS 'gets theirs' as it were is on the taxes you have to pay (for a traditional IRA anyway) which would not be insubstantial when you start to figure out the required minimum distribution if the balance was 14Mill.. You're required to take out enough to in theory run the thing out of money by your life expectancy.. The IRS has tables for this stuff to give you the exact numbers, but for the sake of a simple example, their number for someone age 70 (single or with a spouse who is not more than 10 years younger) is 27.4..  If we round that to 28 to make the math nice, then you would be forced to withdraw and pay taxes on around $500,000 per year.  (So there would be a hefty amount of taxes to be paid out for sure). So a lot of that $500K a year going to pay taxes on your distributions, but then, considering you only contributed  660,000 pre-tax dollars in the first place, what a wonderful problem to have to deal with.  Oh don't throw me in THAT briar patch mr fox!"}
{"_id": "163881", "title": "", "text": "\"Since you're also looking for alternative means of funding, have you considered doing part-time work -- during the holidays or on some of the weekends? With this kind of financing you have to watch out that the work does not interfere with your study. On the other hand it can be valuable work experience that can come in handy later in your life, such as when applying for your first \"\"real\"\" job. The kind of work you can do will depend a lot on the subject you are studying and what qualifications you have. For example, if you are studying computer science, there are a lot of freelance opportunities in programming. One of these could lead right to your first job after university. The two broad types of work you can do are: For freelance: Try searching for \"\"[subject] student freelance\"\" and look at sites like oDesk. Read up on tax concerns, research how to price your time, and start doing! For employment: Browse the job boards at your university. Contact businesses to ask for part-time opportunities. Hope this helps to open one of the alternative paths here. If you go down this road, remember to keep your priorities in mind. Especially the freelance work can easily interfere with your study and delay you unnecessarily. Good luck!\""}
{"_id": "163886", "title": "", "text": "Working in my current sales role, I find myself listening to hours of business podcasts a week while travelling. Some of my favourite podcasts at the moment are:  PNR With This Old Marketing Futureproofing with Kelsey Ramsden The Brutal Truth About Sales &amp; Selling"}
{"_id": "163888", "title": "", "text": "The QuikTrip business model is an interesting one, I'm looking forward to seeing its long term stability. Every business has to offer value to its customers and it needs to bring unique value in order to take off at QuikTrip's rate. IMO QuikTrip's value is their large footprint combined with clean, organized stores carrying a wide variety of products.   This value is only unique in comparison to the general shittiness of their primarily regional competition. Most convenience store chains are regional on a city by city basis and they generally do a poor job of ensuring consistency in the areas I listed for QuikTrip. That's the general trend including good chains, there are plenty of bad ones where you would have to be insane to try one of the hotdogs or tex-mex tube things that have sat on the rollers for 3 months.  The problem is that maintaining a convenience store isn't hard, it requires competent management and employees who give a half-ass effort. QuikTrip can afford to pay for excellent management and employees who give a whole-ass effort because their geographic footprint affords another unique advantage. How long will that remain unique? I know of several equally decent, growing chains that offer better prices and if the market is large enough we're likely to see oil companies giving a shit about the convenience store side again like they did in the 90's after the rise of 7-11.   I'm more than likely wrong somewhere in my analysis of QuikTrip's list of advantages. However, if I'm on the right track I'd be hesitant to call them a long term winner when they operate a high cost operation in a heavily price sensitive market."}
{"_id": "163896", "title": "", "text": "Generally it goes by when they receive the check, not when they cash the check. Though if the check was received prior to midnight on December 31st, but after the bank closes, they would probably let the tax payer decide to count it for the next year. Of course if the check is from person A to person B then the only issue is gift tax, or annual limit calculations.  If it is company to person then income tax could be involved.  The IRS calls this Constructive receipt Income   Under the cash method, include in your gross income all items of   income you actually or constructively receive during your tax year. If   you receive property or services, you must include their fair market   value in income. Example.   On December 30, 2011, Mrs. Sycamore sent you a check for interior   decorating services you provided to her. You received the check on   January 2, 2012. You must include the amount of the check in income   for 2012.  Constructive receipt.   You have constructive receipt of   income when an amount is credited to your account or made available to   you without restriction. You do not need to have possession of it. If   you authorize someone to be your agent and receive income for you, you   are treated as having received it when your agent received it. Example.    Interest is credited to your bank account in December 2012. You do not   withdraw it or enter it into your passbook until 2013. You must   include it in your gross income for 2012.  Delaying receipt of income.    You cannot hold checks or postpone taking possession of similar   property from one tax year to another to avoid paying tax on the   income. You must report the income in the year the property is   received or made available to you without restriction. Example.   Frances Jones, a service contractor, was entitled to receive a $10,000   payment on a contract in December 2012. She was told in December that   her payment was available. At her request, she was not paid until   January 2013. She must include this payment in her 2012 income because   it was constructively received in 2012.  Checks.   Receipt of a valid   check by the end of the tax year is constructive receipt of income in   that year, even if you cannot cash or deposit the check until the   following year. Example. Dr. Redd received a check for $500 on December 31, 2012, from a   patient. She could not deposit the check in her business account until   January 2, 2013. She must include this fee in her income for 2012. In general it is best not to cut it close. If the check is to be counted as an January event it is best to send it in January. If it is to be December event it is best to send it early enough to be able to say with confidence that the check arrived at the destination before the end of the year."}
{"_id": "163904", "title": "", "text": "\"The answers here are all correct.  This is 100% scam, beyond any reasonable doubt.  Don't fall for it.  However, I felt it valuable to explain what would happen were you to fall for this.  It's not all that hard to understand, but it involves understanding some of the time delays that exist in modern banking today. The most important thing to understand is that depositing a check does not actually put dollars in your account, even though it appears to.  A check is not legal tender for debts public and private.  It's a piece of paper known as a \"\"bill of exchange.\"\"  It's an authorization for a payee (you), to request that their bank pay you the amount on the check.  A transaction made with a check does not actually draw to a close until your bank and their bank communicate and cause the actual transfer of funds to take place.  This process is called \"\"clearing\"\" the check. Despite living in the modern times, this process is slow.  It can take 7-10 days to clear a check (especially if it is an international bank).  This is not good for the banking business.  You can imagine how difficult it would be to tell a poor client, who is living paycheck to paycheck, that he can't have his pay until the check clears a week later.  Banks have an interest in hiding this annoying feature of the modern banking system, so they do.  When you deposit a check, the bank will typically advance you the money (an interest free loan, in effect) while the check \"\"floats\"\" (i.e. until it clears).  This creates the illusion that the money is actually in your account for most intents and purposes.  (presumably a bank would distinguish between the floating check and a cleared check if you tried to close out your account, but otherwise it looks and feels like the money is in your hands). Of course, if the check is dishonored (because the payer had insufficient funds, or the account simply did not exist), your bank will not get the money.  At this moment, they will cancel any advances you received and notify you that the check bounced.  Again, this happens 7-10 days later. The general pattern of this scam is that they will pay you by a method which clears slowly, like a check.  They will then ask you to withdraw the money using a faster clearing method (like a wire transfer or withdrawing the cash).  Typically they will be encouraging you to move quickly (they are on a timetable... when their check bounces, the game is up!)  At this time, it will appear as though the account has a positive balance, but in fact it has a negative balance plus an advance on the check.  This looks great until 7-10 days later, when the check bounces.  At that time, the bank will cancel the advance, and reality will set in.  You will now have an open bank account, legally opened by you in your own name, which is deeply in debt.  Meanwhile, the scammer walks away with all the money that you sent them (which cleared quickly). There are many variants which can hide the details.  Some can play games with check kiting to try to make your first check clear (then try to rope you in for a more painful hit).  Some will change the instruments they use (checks are the easy ones, so they're simply most common).  Don't try to think \"\"maybe this one is legit.\"\"  These scammers literally make a living off of making shady transactions look legit. Things I would recommend looking out for:\""}
{"_id": "163905", "title": "", "text": "\"The simple answer is, there are many ways for trades to take place.  Some systems use order-matching software that employs proprietary algorithms for deciding the order of processing, others use FIFO structures, and so on.  Some brokerages may fill customer orders out of their own accounts (which happens more frequently than you might imagine), and others put their orders into the system for the market makers to handle.  There's no easy all-encompassing answer to your question, but it's still a good one to ask. By the way, asking if the market is \"\"fair\"\" is a bit naive, because fairness depends on what side of the trade you came out on! (grin)  If your limit order didn't get filled and you missed out on an opportunity, that's always going to seem unfair, right?\""}
{"_id": "163914", "title": "", "text": "Hardly. Minimum wage is designed so people are not slaves. Rent for a 3 bedroom around my area went from $900 to $1250 in the past 3 years... minimum wage went up a few cents. Your unskilled labor isn't worth less than being able to afford a home. Medical billing pays $19 an hour... hardly skilled practice there. pretty sure a cashier being able to ring you out in a timely fashion and help bring Walmart 400b in revenue a year is worth more than living in a tent or 15 people in your home."}
{"_id": "163923", "title": "", "text": "I think you're mixing up being incorporated with being public. A corporation is just a financially separate organization from the owner(s). There might be only one owner, but the company's assets are separated from the person's.   A public company is one entity whose ownership is on the market - a shareholder can sell his or her portion easily. A company that decides it no longer wants to be public just becomes a private corporation, with ownership of its own assets, but with a few owners, not many."}
{"_id": "163946", "title": "", "text": "Good news! It will be enough if you make the most important decision after retirement; that is, the decision to live within your means. With $220,000 per year in 2015 resources, will you live in the same size home in the same location as you do now? Or will you downsize a bit and move to a town with more reasonably priced homes and lower taxes? Apply the same thinking to all of your expenses. In my opinion, making the decision to live within your means is the biggest decision you can make going into retirement."}
{"_id": "163957", "title": "", "text": "&gt;This is what happens when departments are stupid and don't hire the people they need.  No, this is what happens when unions rule. Bet you didn't know that after 9/11, the NYPD and NYFD put their most senior people on the overtime shifts so they could retire at their last year's pay grade. That story is buried now."}
{"_id": "163987", "title": "", "text": "\"Very often, the word secondary market is used synonymously with the stock market as we all know it.  In this case, the primary market would be the \"\"closed\"\" world of VCs, business angels, etc to which stock market investors do not have access, e.g. the securities are not trading on a public stock market.\""}
{"_id": "163995", "title": "", "text": "What you're saying is that your dogma provides you no useful response to my argument, so you'd rather ignore my comments instead of having to confront the futility of your beliefs.   Good luck with that. If you keep your head buried in the sand, you won't see the ocean creeping up to drown you."}
{"_id": "163997", "title": "", "text": "The problem comes when the borrower cannot afford his home.  If a borrower buys more home than they can afford, as long as he can sell the house for more than he owes, he's not in a disastrous situation. He can sell the house, pay off the mortgage, and choose more affordable housing instead.  If he is upside-down on his home, he doesn't have that option. He's stuck in his home. If he sells it, he will have to come up with extra money to pay off the mortgage (which he doesn't have, because he is in a home he can't afford). It used to be commonplace for banks to issue mortgages for 100% of the value of the home. As long as the home keeps appreciating, everybody is happy. But if the house drops in value and the homeowner finds himself unable to make house payments, both the homeowner and the bank are at risk. Recent regulations in the U.S. have made no-down-payment mortgages less common."}
{"_id": "164001", "title": "", "text": "\"Ignoring the complexities of a standardised and regulated market, a futures contract is simply a contract that requires party A to buy a given amount of a commodity from party B at a specified price. The future can be over something tangible like pork bellies or oil, in which case there is a physical transfer of \"\"stuff\"\" or it can be over something intangible like shares. The purpose of the contract is to allow the seller to \"\"lock-in\"\" a price so that they are not subject to price fluctuations between the date the contract is entered and the date it is complete; this risk is transferred to the seller who will therefore generally pay a discounted rate from the spot price on the original day. In many cases, the buyer actually wants the \"\"stuff\"\"; futures contracts between farmers and manufacturers being one example. The farmer who is growing, say, wool will enter a contract to supply 3000kg at $10 per kg (of a given quality etc. there are generally price adjustments detailed for varying quality) with a textile manufacturer to be delivered in 6 months. The spot price today may be $11 - the farmer gives up $1 now to shift the risk of price fluctuations to the manufacturer. When the strike date rolls around the farmer delivers the 3000kg and takes the money - if he has failed to grow at least 3000kg then he must buy it from someone or trigger whatever the penalty clauses in the contract are. For futures over shares and other securities the principle is exactly the same. Say the contract is for 1000 shares of XYZ stock. Party A agrees to sell these for $10 each on a given day to party B. When that day rolls around party A transfers the shares and gets the money. Party A may have owned the shares all along, may have bought them before the settlement day or, if push comes to shove, must buy them on the day of settlement. Notwithstanding when they bought them, if they paid less than $10 they make a profit if they pay more they make a loss.  Generally speaking, you can't settle a futures contract with another futures contract - you have to deliver up what you promised - be it wool or shares.\""}
{"_id": "164008", "title": "", "text": "The everyday investor buys at the ask and sells at the bid but the market maker does the opposite This is misleading; it has nothing to do with being either an investor or a market maker. It is dependent on the type of order that is submitted. When a market trades at the ask, this means that a buy market order has interacted with a sell limit order at the limit price. When a market trades at the bid, this means that a sell market order has interacted with a buy limit order at the limit price. An ordinary investor can do exactly the same as a market maker and submit limit orders. Furthermore, they can sit on both sides of the bid and ask exactly as a market maker does. In the days before high frequency trading this was quite common (an example being Daytek, whose traders were notorious for stepping in front of the designated market maker's bid/ask on the Island ECN). An order executes ONLY when both bid and ask meet. (bid = ask) This is completely incorrect. A transaction occurs when an active (marketable) order is matched with a passive (limit book) order. If the passive order is a sell limit then the trade has occurred at the ask, and if it is a buy limit the trade has occurred at the bid. The active orders are not bids and asks. The only exception to this would be if the bid and ask have become crossed. When a seller steps in, he does so with an ask that's lower than the stock's current ask Almost correct; he does so with an order that's lower than the stock's current ask. If it's a marketable order it will fill the front queued best bid, and if it's a limit order his becomes the new ask price. A trade does not need to occur at this price for it to become the ask. This is wrong, market makers are the opposite party to you so the prices are the other way around for them. This is wrong. There is no distinction between the market maker and yourself or any other member of the public (beside the fact that designated market makers on some exchanges are obliged to post both a bid and ask at all times). You can open an account with any broker and do exactly the same as a market maker does (although with nothing like the speed that a high frequency market-making firm can, hence likely making you uncompetitive in this arena). The prices a market maker sees and the types of orders that they are able to use to realize them are exactly the same as for any other trader."}
{"_id": "164038", "title": "", "text": "\"At this level it's not so much about \"\"handling money\"\" in the way we think of it in the first world.   It's more like you have no possible way to get enough capital to get out of a desperately bad situation. But if you do get that capital, you can start digging your way out.  For example, in one case I read about, someone used part of that $1000 to buy a cow. Then she started selling milk and saving money.\""}
{"_id": "164040", "title": "", "text": "Well now your going to have to justify the amount of money a student has to pay to get help via phone/text.  The problem is you're trying to target only your school. Which limits your options. To add on top of it people are already providing it for free.   My honest advice would be to move on from this project. Unless you can provide tutoring for free then leverage the people you meet for another business."}
{"_id": "164044", "title": "", "text": "\"Assuming no constraints on how much you can move (or how frequently) into and out of your offset mortgage account, the question becomes one of what rate of return you expect from your long-term savings/emergency cash fund. The rate you are getting from the offset mortgage account is known; since it reduces the principal amount owing and thus reduces interest charges, the return is the mortgage rate (though I would not be surprised if the offset mortgage account contract has bells and whistles reducing the effective rate, saying something like 3 pounds reduction of principal for every 5 pounds you put in). So, as a movie character once said, \"\"Do you feel lucky today?\"\"  If so, move money from your offset mortgage account to savings, and earn more.  If not, move money in the opposite direction. A \"\"guaranteed\"\" 2% return on the offset mortgage account might be better than taking a risk on the vagaries of the stock market, and even the possibility of loss in your long term savings account.\""}
{"_id": "164046", "title": "", "text": "Google Peter schiff 2006 housing bubble youtube.  You may not even like the guy, but he was right all along--way before it happened.  (takes about 1 hour or something).  Another of the many guys that saw the bubble way before anyone and profited from it is called Kyle Bass.  I would seriously recommend everybody that sees this post to watch all his videos.    I take this guys seriously.  They have been warning about the crisis for a long time.  The media, on the other hand, will advise you to buy Facebook or something."}
{"_id": "164047", "title": "", "text": "Oh surprise, surprise.  The problem forcing the world towards another Great Depression - is that he's not making enough money.  And, the only way to avert disaster - is to do things that will make him even more powerful and wealthy.  What a freaking shock..."}
{"_id": "164053", "title": "", "text": "Oh come on. I'm sure that's helped to gain momentum quicker but it's not like the guy doesn't have a passion, business knowledge, and the entrepreneurial spirit.   Ever heard about that amazing company that a trust fund baby started? Yeah, me neither."}
{"_id": "164059", "title": "", "text": "BLUF:  Continue renting, and work toward financial independence, you can always buy later if your situation changes. Owning the house you live in can be a poor investment.  It is totally dependent on the housing market where you live.  Do the math.  The rumors may have depressed the market to the point where the houses are cheaper to buy.  When you do the estimate, don't forget any homeowners association fees and periodic replacement of the roof, HVAC system and fencing, and money for repairs of plumbing and electrical systems.  Calculate all the replacements as cost over the average lifespan of each system.  And the repairs as an average yearly cost.  Additionally, consider that remodeling will be needful every 20 years or so. There are also intangibles between owning and renting that can tip the scales no matter what the numbers alone say.  Ownership comes with significant opportunity and maintenance costs and is by definition not liquid, but provides stability.  As long as you make your payments, and the government doesn't use imminent domain, you cannot be forced to move.  Renting gives you freedom from paying for maintenance and repairs on the house and the freedom to move with only a lease to break."}
{"_id": "164063", "title": "", "text": "Actually when someone hates something that bad, it's only a matter of time before they're fired anyway.  I have hated something this bad before.  A good internship working in environmental crimes.  I didn't last because of a couple things.  People were too conservative (was not expecting that!), and it was god-awful boring, quiet, and lonely.  I had to be switched into something that didn't make me wish for a brain annuerism(?)  It's not entirely up to OP; if the people around him know how much he hates his job, then if this were a real job, he'd be fired anyway."}
{"_id": "164092", "title": "", "text": "I agree, but you would think there would be a better area to spend his waning popularity on. Although I'm sure the land is cheap and people there would happily go to a trump hotel, so maybe it'll end up making money."}
{"_id": "164097", "title": "", "text": "\"Managers aren't receiving pension plans? They do nothing on their own? I agree there needs to be strong leadership and direction, and most people specialize in 1 thing while others specialize in coordinating teams with different skill sets, but the workers aren't just pieces in an intricate assembly line. If you take this corporate philosophy obsessed with short term gains you get jaded workers and create a similar culture. \"\"*Corporate:* I'll pay the least I can for the best I can get AND I'll fire them on the spot the second I find someone better. *Worker:* I'll work the least I can for as much as I can get AND I'll be on the lookout for better opportunities constantly\"\". You need to strike a balance of respect somewhere. These are interdependent processes, not a hierarchy of dependent sheep vs corporate overlords.\""}
{"_id": "164115", "title": "", "text": "\"While Chipotle execs have admitted that queso was far and away the most requested menu item by its customers, the burrito chain struggled for years to create a queso recipe that adheres to its strict requirements for all natural food and actually taste good at the same time.    \u201cAdditives make typical queso very consistent and predictable, but are not at all in keeping with our food culture,\"\"  source: https://www.thrillist.com/news/nation/chipotle-queso-dip-ingredients-recipe\""}
{"_id": "164130", "title": "", "text": "Well, they did a really *horrible* job of not looking bad.  They dragged people from two different offices in different cities, bussed them to another city, and had a huge money-blowing event.  Then a couple weeks later, they had another one.  This wasn't even the 'mission statement' deal, either.  That was separate, and a month or two later.   Then every meeting people go to, the managers have to harp on them about saving money.  It takes some real strong cognitive dissonance to be able to stomach this crap.  Don't even get me started on the banners they keep hanging up all over that just annoy the crap out of most people.  (those damn things are *real* expensive, too.)"}
{"_id": "164137", "title": "", "text": "\"How about the new Mastercard \"\"In Control\"\" card http://www.pivotalpayments.com/ca/industry-news/mastercard-introduces-in-control-program-to-help-consumers-budget-800077802/ You can set budgets at your bank and go between getting alerts when you go over, or completely declined if you are out of money.  There are going to be obvious loop holes and slack in the system, but this system seems like a pretty neat start. Combine this with a bank account that does bill pay and you might have something to work with.\""}
{"_id": "164156", "title": "", "text": "It's generally the hype that blinds them. Unfortunately, as rare as it happens on the scale of the FB IPO - it shouldn't happen at all. But then again, if everyone was well educated, informed and risk averse - we wouldn't have losers in the market. Everyone can't keep winning forever!"}
{"_id": "164167", "title": "", "text": "Dude. If there was any farmer offering $30/hr there would be every rig hand in the country beating down his door right now. GTFO of here with this BS.   Edit: Actually I know exactly what this guy is talking about. Seasonal harvesting work. So yeah. It's $30/hr for 3 months of work at best. They do have trouble finding people that can afford to get out there because who is doing to give up a decent pay job for only 3 months of work? And who makes minimum wage has the means to up and relocate?"}
{"_id": "164176", "title": "", "text": "\"I fear this question may be impossible to answer, beyond the options you already seem to know about.  It depends too much on the details of your situation, some of which you say you don't know.  If you don't even know how much debt you have, I think you're going to need some kind of professional advice to assess your situation.  One place to start is the National Foundation for Credit Counseling.  This organization can provide free or low-cost advice about your situation, including bankruptcy options. That said, the main missing piece I see in your question is your expenses.  The first thing you should ask yourself is: what am I spending money on, and can I stop spending on money on that in order to save and/or pay off debt instead?  You say that you can \"\"live comfortably paycheck to paycheck\"\" and \"\"routinely\"\" put money into savings.  Can you start living uncomfortably and thus put a lot more into savings, or towards debt repayment?  Whether this will work or not depends on how much debt you have, but it definitely needs to be part of your thought process. Likewise, if you continually are wiped out by unbudgeted expenses, start budgeting for them.\""}
{"_id": "164200", "title": "", "text": "CFD providers typically offer CFDs to investors using either the direct market access (DMA) model or the market maker (MM) model. Direct Market Access The DMA model gives you access to trade the Underlying instrument on the relevant Exchange from which the CFD is then derived. All CFD Transactions under the DMA model have corresponding trades in the Underlying instrument. Under the DMA model, providers typically charge their clients Commission based on the notional contract value of the CFD. Market Maker The MM model uses the price of the Underlying instrument to derive the price of the CFD that is offered. Trading under the MM model does not necessarily mean that your CFD will be reflected by a corresponding trade in the Underlying instrument. Under the MM model each CFD Transaction creates a direct financial exposure for the provider, which may or may not be hedged in the Underlying instrument. Where the financial exposure is not hedged, the market risk may increase for the market maker. The MM model enables the provider to offer CFDs against synthetic assets, even if there is little Liquidity in the Underlying instrument, which can result in a wider range of products on offer than with the DMA model. Volatility and Illiquidity in the Underlying instrument can affect the pricing of MM CFDs.  The MM model can charge its clients Commission based on the notional contract value or it can incorporate costs and fees in the dealing Spread, which represents the difference in price at which the issuer is prepared to Buy and Sell the CFD. What Do I use and why? I have traded with both DMA and MM models and prefer the MM. The big advantage with MM is that they will provide a market even when the underlying is very illiquid and only might have a few trades each day.  Regarding the spread of the MM to the spread of the underlying, I have found the MM to be practically in line with the underlying spread about 95% of the time. The other 5% it may have been slightly wider than the spread of the underlying by usually 1c or 2c. Most MMs aim to give you the best spread they can because they want to keep your business. If they gave too wide a spread (compared to the underlying) it wouldn't be long before they had no customers."}
{"_id": "164209", "title": "", "text": "\"That is technically the \"\"rule of law\"\" but goes against the spirit of the \"\"rule of law\"\", which is the principle that people's rights should be protected by the law regardless of the demands of the many.   &gt;And really, who do you consider to be the \"\"mighty\"\" on this issue?   The mighty is those who use the force of government or the threat of violence (e.g. violent strikes) to prevent another party from exercising their contract liberty and firing them.\""}
{"_id": "164212", "title": "", "text": "It's the promise of a dependent subscriber base a la Tassimo or Nespresso machine who change your juice business into a lifestyle money-printer.  This is also why finding out the DRM was useless was a spine-breaking allegation: even if the juices differentiated themselves on the market users could just run around the big pricey machine and subscription."}
{"_id": "164223", "title": "", "text": "Not prohibitively expensive to the degree that it can't be done on accident. But it does go against the model of fast and cheap as possible.   I've worked in a few places built in a way that huge swaths of the building are almost impossible to get signal in.   There is a way for them to have their cake and eat it too but it would require a carrier being in cahoots with the company trying to control internet access on premise."}
{"_id": "164227", "title": "", "text": "Online banking, including international wire transfers, works from (nearly) anywhere in the world; make sure to have it set up. You can also give someone power of attorney (authorization to act in your name, the bank must accept him as you), if you have someone you trust enough; or if not, give a lawyer power of attorney. You can do that even after the fact, while you are out of the country; you would work with an international lawyer company."}
{"_id": "164231", "title": "", "text": "High-interest checking / savings accounts are often a better choice than CDs today for three reasons.  At the time this question was asked, CDs were probably a better answer as rates were much higher.  Since CD rates have plummeted in recent years, and because a CD is only semi-liquid, i.e., even if you ladder CDs, an early withdrawal fee often means foregoing the interest on that particular CD which you withdrew. 1.) On the other hand, high-interest checking and/or savings accounts are very viable options these days. There are several options available that earn ~1%+ APY. It's not quite that simple, and there are a few gotchas: If you run into the balance cap problem, of course nothing is stopping you from having multiple accounts across different banks. 2.) The high-interest bank accounts are fully liquid able to be liquidated at anytime (without foregoing interest). 3.) A minor benefit is that the high-yield savings account is low maintenance whereas CD laddering is pretty hands on and may require physical trips to your bank.  (If you know of a way to automate the process more, please comment or edit.)"}
{"_id": "164236", "title": "", "text": "&gt; It's more evidence that the government isn't really good at running anything.  Congress doesn't run the post office, they just interfer with it. If not for a 2006 law that required the post office to pre-fund their pension system to absurd levels they would have been close to profitable last year.   And if Congress would let them kill Saturday delivery in unprofitable areas like they want then they would doing fine.   &gt; It's partially because they don't have to worry about making a profit   Yes they do, the post office is not allowed to make a profit."}
{"_id": "164241", "title": "", "text": "\"People always use that place as an example when talking about the evils of the fast food industry. I love Chipotle as much as the next guy, but the place pretty much only serves giant expensive burritos. Their model could never scale up to something like McDonalds or Taco Bell.  I'm not disagreeing with you though. Calling Chipotle and Taco Bell \"\"pretty much the same thing\"\" is nuts.\""}
{"_id": "164249", "title": "", "text": "&gt; Over months or years it causes iron deficiency and anemia, weight loss, tiredness and impaired mental function, especially in children, helping to trap them into the poverty in which the disease flourishes.  If you are someone who believes that people who don't make a living wage just need to apply themselves and learn new skills, do you think anything different should be done in communities with a hookworm problem?"}
{"_id": "164256", "title": "", "text": "So you operate under the assumption that people aren't already better.  To assume people are selfish is to be short sighted.  People are selfish in SOME WAYS, but people are selfless in others.  To operate without seeing both sides is to cut out at least half of your tool set.  The problem isn't how to stop people from being selfish, but how to use each aspect of the person to benefit themselves and society as a whole."}
{"_id": "164262", "title": "", "text": "\"Assuming you live in the US, it is quite normal when you are applying for a loan that the application will ask you to confirm your identity. One of these methods is to ask you which of the following addresses you have lived at, with some of them being very similar (i.e. same city, or maybe even the same street). Sometimes they will ask questions and your answer would be \"\"None of the above.\"\" This is done to prevent fraudsters from applying for a loan under your identity. If you see no signs of unauthorized accounts or activities on your credit reports, and you initiated the car loan application, then you should be fine.\""}
{"_id": "164263", "title": "", "text": "Hasbro is also in this mindset with a lot of their properties.  Look at how they handle the MyLittlePony thing going on. Every single episode of that cartoon is on YouTube in full 1080p, but Hasbro doesn't really care. They don't make money off the episodes, they make money off the merchandise so they let the episodes stay online.   Same thing with custom pony models and plushies, these things [sell on eBay for over $2000 using Hasbro's IPs](http://www.ebay.com/itm/Fluttershy-Galloping-Gala-Custom-Plush-My-Little-Pony-Friendship-is-Magic-/120792470190?nma=true&amp;si=lA3t7kbBPFukGe0nnpU9m4g7c7Y%3D&amp;orig_cvip=true&amp;rt=nc&amp;_trksid=p2047675.l2557). Yet even though all these things are a clear violation of their copyright, Hasbro just stands back and lets it run. That's one of the reasons the brony thing spread so fast as it did."}
{"_id": "164275", "title": "", "text": "\"Joe has explained how most mortgages work A mortgage is simply a loan backed by a property (and, because it's   both very large and very common, covered by some specific laws). As   such, the bank isn't an \"\"investor\"\" in your house; it simply is lending   you money with the property as collateral. So, it doesn't get any   share of the profit. However there are some mortgages when the bank takes part of the increase in the property value, e.g. Castletrust\u2019s \u201cBut to Let Equity Loan\u201d in the UK.  Other products allows a old person to take money out of their property in exchange for say 60% of what the property sells for on their death. Islamic mortgages also work in a different way as interest is not allowed to be charged.  For example Unlike a conventional mortgage where the purchaser borrows money from   a lender which is then repaid with interest, Al Rayan Bank's Sharia   compliant Islamic mortgage alternatives (Home Purchase Plans or HPP)   are based upon the Islamic finance principles of a Co-Ownership   Agreement (Diminishing Musharaka) with Leasing (Ijara).\""}
{"_id": "164277", "title": "", "text": "I think he could sell for about 6 or 9 months out of the year.   If he wanted to cash in, he could just resign.   He makes no salary so that is no harm to him.   He is in the top spot simply because he is the best man to lift share prices."}
{"_id": "164281", "title": "", "text": "Is it any different than if I decide to put similar amount of money in 401(k) at some other time of the year?  Not from a tax standpoint, but if can affect a few other things: Since the earnings difference is likely negligible (you miss out on returns for only a few months), I would look at other conditions -  In the long run it probably won't make much difference, but knocking out obstacles to wealth building can give you a sense of accomplishment that will encourage smart money decisions going forward."}
{"_id": "164301", "title": "", "text": "Something I've not heard mentioned in any of the answers is that (at least for me) owing some tax money is better than having a refund from a ID theft/fraud/security aspect. The US IRS has been hacked several times recently and there have been cases of fraudulent tax refunds being filed and tax refund checks being cashed by ID thieves. Well, if you owe a bit of tax then you're less of a target for fraudulent tax refunds being filed in your name. Even in the case that you were unlucky enough to have had your identity stolen, at least you don't have to deal with the IRS trying to sort a mess like that up. Thus, (IMO) it's better to owe a bit of tax, than to have a small refund, or any refund for that matter. Ideally, you want to get to zero dollars owed like you suggested, but that's often pretty hard to do. So, the next best thing is to owe a bit. One should try to calculate tax liability quartely or if income changes, adjust your withholding, so that you get closer to zero tax."}
{"_id": "164321", "title": "", "text": "\"&gt;With their customer base, they can literally choose segments of the market and dismantle them.  Or so you think.  And of course everyone else will be \"\"powerless\"\" to oppose them, and all of their users will simply follow like sheep...  Wow. Delusional.\""}
{"_id": "164328", "title": "", "text": "Ummm, yeah, if you'd like to explain to me how Google is performing poorly, that'd be great. I'd like to have that in a post by tomorrow.   Total revenue has jumped 51% from last year. Just taking a quick look at their financial statements their revenue has increased 1.9 billion from quarter before, to 14.1 billion. Their cash and cash converts are up about 2.5 billion from the quarter before. Finally, their total equity for the company is up about 3.5 billion from the quarter before.  Not bad. If you think this is a bad quarter, I'd love to see what their good quarters are.  What's weighing them down is the buying of Motorola for 13.5 billion. But think about it, they have revenues of that in just *one* quarter. And even more have enough cash to buy Motorola in *cash* 3 times over and still have some left over."}
{"_id": "164331", "title": "", "text": "\"well said. securitization of mortgages is a huge reason. anyone involved in the sale of loans was as guilty as the people who took on stupid loans.  by being able to turn a mortgage into a CDO, they were able to divvy up the risk and pass it on to investors... little slices at a time. you make the sale, get your sweet commission, wash your hands of the risk, and live happily ever after.   obviously way more complicated and more cogs in the machine than just the two parties mentioned, but it was a situation where everyone was making money and no one wanted to stop and say \"\"hmm... let's check some numbers on this.\"\"\""}
{"_id": "164345", "title": "", "text": "I have lived in five of the 7 continents. Yes, I have been outside my house. Part of that time was in third world countries where you get to see what it looks like when you don't have basic government services.   &gt; And I don't know where the hell you live but I have to pay for my own internet, had to pay to get the lines put in too.  Did you pay for the interstate which allowed for those cables to be brought to your state? The transportation and security that imported those cables if they weren't made in the USA? Did you pay for the installation of the utilities that made it possible for you to even have power in your house?   The answer to all these is yes, through your taxes."}
{"_id": "164368", "title": "", "text": "I never said America is doomed, you said that. Does America not have kind and good people in it, who are getting robbed of their lively hood and home?   They Make up the 99%, there is really going to be no place to hide"}
{"_id": "164387", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Hillary Clinton in Russian nuclear company Rosatom\u2019s case over Uranium One illegal acquisition in US](https://www.reddit.com/r/worldnews/comments/78fob8/hillary_clinton_in_russian_nuclear_company/) on /r/worldnews with 1 karma (created at 2017-10-24 21:20:25 by /u/Cmgredditim)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "164391", "title": "", "text": "Yes, #2: the Hackathon prize money counts as income, but a donation to charity is a deductible charitable gift. For more background and a few scenarios: http://people.opposingviews.com/deductible-donor-donates-prize-2517.html"}
{"_id": "164392", "title": "", "text": "\"You should be aware that the IRS considers all gifts of cash or cash equivalents from an employer (the partnership in this case) to an employee (your husband in this case) to be wages, regardless of what the transfer is called by either party, or how it is transferred. I'd strongly recommend that you review IRS publications 535 and 15-B, which are linked in my response to the question that littleadv referred to above. I would also recommend speaking with a lawyer, as in this case, you have knowledge of the income and would not be able to claim an \"\"innocent spouse\"\" provision if he is convicted of tax evasion/fraud. Good luck.\""}
{"_id": "164394", "title": "", "text": "\"As has been said before: Tell stories. I got a job with an awesome hotel company because I told a story of how I worked for my dad when I was 5, making change and telling his customers to \"\"have a good day\"\". This story showed my lifelong commitment to hospitality and the kind of spirit I would pass on to their guests. So find a story about yourself that shows how you embody a key tenet of the spirit of your company and tell that story. Smile while you tell it, remember it fondly, and use that to sell just how PERFECT you are for them.\""}
{"_id": "164427", "title": "", "text": "Source:- Registering for VAT You must register for VAT with HM Revenue and Customs (HMRC) if your business\u2019 VAT taxable turnover is more than \u00a382,000. You can register voluntarily if it\u2019s below this, unless everything you sell is exempt."}
{"_id": "164429", "title": "", "text": "Amazon should buy Best Buy. They are the best showroom after all...  Edit: Just think about it. You walk in, see the thing you want and order it there with your amazon account, and it shows up at your house in the next two days. You want to take it home right now? Okay, fine, that'll be +2% mark-up for an inventory fee.  if you think about it, that's kind of what happens now, except you have to go home to put your order in."}
{"_id": "164434", "title": "", "text": "$33K, $227 payment is 7.33%. But is that right? You're also stretching out the remaining loan back to 30 years.  Now, if the bank just let you do the stretch, you'd owe $95K / 4.75% / 360 mo / PMT = $495.56 - this would be a neutral move, same rate. You now have: $128K / 5.625% / 360 / PMT = $737 so to my thinking, the delta is: $33K / X rate / 360 / PMT = $241.44 and the rate is 7.97% If you have enough equity to refi, you have enough to take that in a HELOC, and pay it off aggressively, why give up the great rate? The $227/mo you will pay the HELOC off in 22 years even at 6%. My HELOC is 2.5%. I'd use any raise or bonus to hack away at it.  I tried to spell out my thought process on the math. If any savvy reader (you all are, I know) wants to look at this and offer a better method, I'm open minded. There's a fallacy that comes with refinancing, certainly money appears in the payment stream as a result of extending the term. Somewhere that needs to be accounted for, else a higher rate at a longer term appears favorable, so my approach is to normalize the numbers one way or another. Here, producing that first step of calculating the payment on the extended term (an interim step that's a mental process only, that loan is hypothetical).  Comments welcome."}
{"_id": "164450", "title": "", "text": "\"It's interesting that the federal government actually has a set of criteria they use to fight against gangs by labeling them as \"\"Transnational Crime Group.\"\"  What would happen if they applied the same standards to these corporations?  How similar are their current strategies for dealing with both?\""}
{"_id": "164452", "title": "", "text": "Hola, I am a nontraditional student, meaning I am in my 30's. I was laid off in 2009 because of the economy and was encouraged by the unemployment agency to goto school AND get student loans. Now I am completeley screwed!!! Are any of you out there screwed because of student loans? AMA!"}
{"_id": "164454", "title": "", "text": "If you're a customer, TD Ameritrade has a really robust alerting system."}
{"_id": "164458", "title": "", "text": "\"Yeah raising taxes while devaluing the currency is a winning strategy to spur consumer spending and increase economic growth...Oh wait Japanese citizens are by and large broke (like Americans and Europeans)... so they won't be spending additional money they don't have. Oh yeah and the tax hikes only serve to eat into economic growth as it diverts existing consumption away from the greater economy towards the government. Brilliant!  Abenomics was all talk and no substance from the get go when he pounded his chest about it. I just rolled my eyes as I read the article thinking this wasn't going to end well. The fact that his \"\"strategy\"\" ended up including shaming companies publicly for not giving pay raises was ridiculous. Apparently Abe is ignorant of the fact that South Korea and China among other competitors are out competing Japanese businesses... which is a strong disincentive for them to add on additional wage costs for no reason, despite Abe's politically motivated school yard bullying.\""}
{"_id": "164493", "title": "", "text": "A home upgrade is akin to make your home wonderful- in terms of strength as well as appearance. Be it interior or exterior, both angles are distinguished, but connected with a thread. If the exterior is superb, then the interior should be second-to-none or vice-versa."}
{"_id": "164513", "title": "", "text": "To mhoran's point, yes, the company, TIAA-CREF is valid. I'd focus on the expenses -   Their S&P fund (Index US Large Cap Equity Portfolio) shows a .11% total fee. You might choose this one, or others, but this number looks great to me. We are in an investment world where fees are still often over 1%, and we are conditioned to think anything less is a good fee. For me, the goal is less than .25% in your retirement fund, college savings, etc."}
{"_id": "164555", "title": "", "text": "In simple terms : Equity Loan is money borrowed from the bank to buy assets which can be houses , shares etc Protected equity loan is commonly used in shares where you have a portfolio of shares and you set the minimum value the portfolio can fall to . Anything less than there may result in a sell off of the share to protect you from further capital losses.  This is a very brief explaination , which does not fully cover what Equity Loan && Protected Equity Loan really mean"}
{"_id": "164559", "title": "", "text": "You should invest in that with the best possible outcome.  Right now that is in yourself.  Your greatest wealth building tool, at this point, is your future income.  As such anything you can do to increase your earnings potential.  For some that might mean getting an engineering degree, for others it might mean starting a small business.  For some it is both obtaining a college degree and learning about business. A secondary thing to learn about would be personal finance. I would hold off on stocks, at this time, until you get your first real job and you have an emergency fund in place. Penny stocks are worthless, forget about them. Bonds have their place, but not at this point in your life.   Saving up for college and obtaining a quality education, debt free, should be your top priority. Saving up for emergencies is a secondary priority, but only after you have more than enough money to fund your college education. You can start thinking about retirement, but you need a career to help fund your savings plan.  Put that off until you have such a career. Investing in stocks, at this juncture, is a bit foolish.  Start a career first.  Any job you take now should be seen as a step towards a larger goal and should not define who you are."}
{"_id": "164572", "title": "", "text": "working full time for low wages, does force a family to take government assistance. It is a way my business and others who pay a living wage while still paying our taxes subsidized the mega businesses destroying america like walmart.  Sorry but if you have a family  cant get another job with better pay and have to work 40 hours for min wage, you are going to use government assistance."}
{"_id": "164605", "title": "", "text": "No.  There is no guarantee that credit card issuing banks will always use 0% introductory rates to entice anyone."}
{"_id": "164628", "title": "", "text": "This answer assumes that your purpose for using the ESPP is to generate a relatively safe 15% return on that portion of your income. Frequently before there were Roth 401K options the advice was:  This advice was especially good for the younger workers because they wanted to have a Roth account but didn't want to miss the 401K match. As Roth 401K accounts were introduced that advice changed somewhat because it was possible to get the benefit of the Roth and still get the  maximum match. for your situation what I would propose is: contribute to the 401K enough to get the maximum match.  Contribute as much as you want or are allowed into the ESPP. Take the proceeds and contribute to an IRA or Roth IRA. If you reach the IRA max you have to decide if you will scale back the ESPP to contribute more to the 401K."}
{"_id": "164646", "title": "", "text": "So what you're saying is if the janitor got a degree in a lesser paying field, he should be entitled to that 100k as a janitor. Ok.   Just because you went to college doesn't mean your job takes more skill, or is harder.  My ex also has a brother who didn't go to college and got a bomb ass job at EA games as a programmer. I guess he deserves minimum wage."}
{"_id": "164672", "title": "", "text": "You're young.  Build a side business in your spare time.  Invest in yourself.  Fail a few times when you have some time to recover financially. Use the money that you would have let sit in some account and develop your skills, start up an LLC, and build up the capacity to get some real returns on your money. Be a rainmaker, not a Roth taker."}
{"_id": "164702", "title": "", "text": "\"Your son is in the right. But he broke the \"\"unwritten\"\" rules, which is why the car dealer is upset. Basically, cars are sold in the United States at a breakeven price. The car company makes ALL its money on the financing. If everyone bought \"\"all cash,\"\" the car companies would not be profitable. No one expected anyone, least of all your son, a \"\"young person,\"\" to pay \"\"all cash.\"\" When he did, they lost all the profit on the deal. On the other hand, they signed a contract, your son met all the FORMAL requirements, and if there was an \"\"understanding\"\" (an assumption, actually), that the car was supposed to be financed, your son was not part of it.  Good for him. And if necessary, you should be prepared to back him up on court.\""}
{"_id": "164709", "title": "", "text": "we have 5 customers already lined up, and like 15 who are very interested in our service. So like I said, we definitely dont need sales for the next 6 months, probably not for a year. which is great."}
{"_id": "164729", "title": "", "text": "Also, unless I missed it and someone already mentioned it, do keep in mind the impact of these credit cards balances on your credit score. Over roughly 75% usage on a given credit account reflects badly on your score and has a pretty large impact on how your worthiness is calculated. It gives the impression that you are a person that lives month to month on cards, etc. If you could get both cards down to reasonable balances to where you could begin paying on them regularly and work them down over time, that will not only look incredible for your credit report but also immediately begin making your credit worthiness begin to raise due to the fact that you will not have accounts that (I'm assuming here) are at very high usage (over 75% of your total limit.) If you have to get one card knocked out just to get breathing room, and you're boxed in here -- or honestly even if the mental stress is causing you incredible hardship day to day, then I suppose blow one card out of the water, reassess and start getting to work on that second card. I hope this helped, I'm no expert, but I have had every kind of luck with credit cards and accounts you could think of, so I can only give my experience from the rubber-meets-the-road perspective. Good luck!"}
{"_id": "164732", "title": "", "text": "I definitely agree with this. Before I could get federal or state loans I had to do this online orientation and while you probably could skip most of it and click accept I actually read through and am competent in how the interest works and how even though not paying until after graduation is an option that'll increase my total loans by like 50%. Almost every other student I've talked to with student loans has little to no knowledge as to how interest works and how it applies to their loans.    And the choosing what to study. Because while it is nice to study something fun if you can't practically get a decent paying job in your field then you have a lot of knowledge and nothing to do with it."}
{"_id": "164750", "title": "", "text": "I'd definitely say I have doubt in their potential for future growth.   Some say all they have to do is continue to grow their user base. The problem there is they don't have very much expansion area among the US population, and only a bit more among western nations in general. Of US internet users, about 70% are already on facebook, and the rest are largely people who will never signup, or people who have had facebook and moved away from it. Outside of the US, facebook has significant competition to deal with. China and India already have established facebook competitors that won't make it easy for them to grow their. Russia is the same. Countries like Germany, France, and England have the same saturation issues as the US.  Some say all facebook needs to do is spur ad clicks. The problem there is more and more facebooking is done via mobile apps, where the existing UI's don't even have ads. I'm sure the official Facebook app will start to incorporate ads down the road, but there's still the issue of not many people click them, ever.   I really just don't see where their growth will come from."}
{"_id": "164753", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/amaaggregator] [IAMA, Matthew May, COO of financial startup Acuity, here to answer all of your business finance questions. AMA! (x-post from r\\/entrepreneur)](https://np.reddit.com/r/AMAAggregator/comments/6ft9qd/iama_matthew_may_coo_of_financial_startup_acuity/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "164795", "title": "", "text": "I got a Capital One credit card because they don't charge a fee for transactions in foreign currencies. So I only use it when I travel abroad. At home, I use 3 different credit cards, each offering different types of rewards (cash back on gas, movies, restaurants, online shopping etc)."}
{"_id": "164797", "title": "", "text": "\"Others are very correct to indicate you NEED to put numbers on it. Exactly how much debt are you talking about? What kind of interest are you paying on it? Put that against your income (on a spreadsheet) and then start charting your monthly expenses. Now add in a \"\"fudge\"\" factor for the unexpected like car repairs or other unknown that appear from time to time. Once you do that you'll be staring straight at \"\"reality\"\" otherwise it's just fiction and guesswork. As Mrs. John isn't working she should be doing everything possible to help you save. Great saving ideas include: Buying in bulk and portioning food in the freezer. Preparing bulk meals like Chili, rice dishes, noodle dishes and thing you can prepare for 1/5th the cost of eating out, portion and freeze meals. Wash dishes in the sink, use cold water (but buy good soap, you'll use much less). Take short showers, save energy everywhere you can. If it's cold, dress warm even at home and if it's warm, undress to the tasteful limits. Minimize heat and AC use. Do you NEED cable and all the channels? So much to view online. You and she may need to find creative ways to earn money, if she's paying off student loans then she has a degree, use it! Can't find a job? Be a consultant, go sell yourself and find some work. It's out there but may take work to find work. If she's disabled than look into government subsidies to assist. If not, then find work that needs to be done and go do it. Time to get busy!\""}
{"_id": "164801", "title": "", "text": "\"I live in the UK so it's a little different but generally you'd have one account (a current account) which would have a Visa/MasterCard debit card associated before working and any high street bank (don't know what the US equivalent would be, but big banks such as HSBC/Santander) will offer you a savings account which pays a v small amount of interest as well as bonds as all sorts. From what I know most people have their salary paid into their current account (which would be the spending account with a card associated) and would transfer a set amount to a savings account. Personally, I have a current account and a few different saving accounts (which do not have cards associated). One savings account has incoming transfers/money received and I can use online banking to transfer that to my current account \"\"instantly\"\" (at least I've done it standing at ATM's and the money is there seconds later - but again this is the UK, not US). This way, my primary current account never has more than \u00a310-15 in it, whenever I know I need money I'll transfer it from the instant access account. This has saved me before when I've been called by my bank for transactions a few \u00a3100 each which would have been authorised I kept all my money in my current account. If you don't have money (and dont have an overdraft!) what are they meant to do with it? The other savings account I had setup so that I could not transfer money out without going into a branch with ID/etc, less to stop someone stealing my money and more to be physically unable to waste money on a Friday if I don't arrive at the bank before 4/5PM, so saves a lot of time. US banking is a nightmare, I don't imagine any of this will translate well and I think if you had your salary paid into your savings on a Friday and missed the bank with no online banking facilities/transfers that aren't instant you'd be in a lot of trouble. If the whole \"\"current + instant access savings account\"\" thing doesn't work to well, I'm sure a credit/charge (!!!) card will work instead of a separate current account. Spend everything on that (within reason and what you can pay back/afford to pay stupid interest on) on a card with a 0% purchase rate and pay it back using an account you're paid into but is never used for expenses, some credit cards might even reward you for this type of thing but again, credit can be dangerous. A older retired relative of mine has all of his money in one account, refuses a debit card from the bank every time he is offered (he has a card, but it isn't a visa/mastercard, it's purely used for authentication in branch) and keeps that in a safe indoors! Spends everything he needs on his credit card and writes them a sort of cheque (goes into the bank with ID and signs it) for the full balance when his statement arrives. No online banking! No chance of him getting key logged any time soon. tldr; the idea of separating the accounts your money goes in (salary wise) and goes out (spending) isn't a bad idea. that is if wire transfers don't take 3-5 days where you are aha.\""}
{"_id": "164811", "title": "", "text": "I love how the spokespeople in the article basically try to pass it off as 'no big deal' or 'we reacted right away'. I don't believe any of that for an instant. I have been in several Kmart stores and they almost always have a leaking ceiling...and not a tiny leak either. They've even have a couple stores roofs completely collapse in heavy snowstorms over the past few years. It's amazing that some of the buildings are legally habitable."}
{"_id": "164812", "title": "", "text": "I am not a lawyer.  In the United States, this does not look like theft to me.  If the seller acted in good faith, theft does not apply.  It seems that the purchaser of the inventory is in receipt of stolen goods.  These can be recovered from the purchaser (the police will assist).  The purchaser then has some recourse against the seller."}
{"_id": "164819", "title": "", "text": "Major things to consider: If you're expecting to look at the property market: it might prove to be sensible to start doing it now, since the market is just recovering, and (IMHO warning -I'm not a professional investor, just a random guy on the internet) prices still hasn't caught up with value fundamentals.  check out cash ISA's for a 24-36 month timeframe; most do a reasonable 3-4% AER, with the current inflation rate being around 4%, this will, at the very least, make sure your money doesn't loose it's purchasing power. Finally, a word of caution: SIPPs have a rather rubbish AER rates. This, by itself, wouldn't be much of a problem on a 30-40 years timeframe, but keep the (current, and historically strictly monotonically increasing) 4% inflation rate in mind: this implies the purchasing power of any money tied in these vehicles will  loose it's purchasing power, in a compounding manner. Hope this helps, let me know if you have any questions."}
{"_id": "164842", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Which mutual fund have you invested in?](https://np.reddit.com/r/talkbusiness/comments/780emx/which_mutual_fund_have_you_invested_in/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "164853", "title": "", "text": "unless you're goinna say Final Cut Pro (and not X), there's not really many programs you can say that doesn't have a version on the PC that's at least semi industry standard.  And besides that, artists don't make much of a living. I was down that route for a while. the industries are shit."}
{"_id": "164859", "title": "", "text": "You might want to check again on the whole best standard of living thing. http://www.telegraph.co.uk/travel/news/countries-with-the-highest-standard-of-living-social-progress-index/ Not even in top 12. We also have by far the highest incarceration rate in the world, housing more prisoners than China with 1/4 the population. Our infant mortality rate is the highest in the developed world. Our healthcare is also the worst in developed countries and even some developing ones despite paying more for it than in any other country in the world. We rank near last in education despite also paying the most for it. It's is almost as if adding a profit motive to social services results in the highest costs with the lowest output. Europe is doing great actually, pretty much is the reverse of all these statistics."}
{"_id": "164877", "title": "", "text": "FAQ on Alibaba Fair Play Fund: We also continue to assist buyers and suppliers in attempting to settle business disputes. In cases where a complaint of fraud against a supplier is substantiated, that supplier is immediately removed and banned from our platform. If the supplier was a paying member, the supplier forfeits their subscription fee. Forfeited fees are the source of our new Fair Play Fund, which aims to help buyers recover some of their financial losses given that they can demonstrate they were defrauded by a supplier using our platform."}
{"_id": "164895", "title": "", "text": "DRiPs come to mind as something that may be worth examining. If you take the Microsoft example, consider what would happen if you bought additional shares each year by re-investing the dividends and the stock also went up over the years. A combination of capital appreciation in the share price plus the additional shares purchased over time can produce a good income stream over time. The key is to consider how long are you contributing, how much are you contributing and what end result are you expecting as some companies can have larger dividends if you look at REITs for example."}
{"_id": "164908", "title": "", "text": "In today's market being paid 1% for risk and free access money is pretty darn good.  If 50k is what you feel comfortable with an emergency fund, then you are doing a fine enough job. To me that is a lot to keep in an emergency fund, however several factors play into this: We both drive older cars, so I also keep enough money around to replace one of them.   Considering all that I keep a specific amount in savings that for me earns .89%.  Some of that is kept in our checking accounts which earns nothing. You have to go through some analysis of your own situation and keep that amount where it is. If that amount is less than 50K, you have some money to play with.  Here are some options:"}
{"_id": "164933", "title": "", "text": "Why don't we just repeal Nixon's Health Maintenance Organization Act so that the health care system isn't allowed to profit off of patients anymore? Oh ya, because the fascist system wants to implement a certain solution so they have to keep the things that create the problem."}
{"_id": "164960", "title": "", "text": "Yep, this. In the sand the smart guys bought these neckerchiefs filled with really absorbent beads. Soak 'em in icewater for a bit and they stay cold for hours.  If these weren't on hand we learned to get ice cubes when we could and wrap them in a shemagh/keffiyeh which went around the neck."}
{"_id": "164982", "title": "", "text": "\"&gt; The long-run goal is to eliminate poverty through wealth creation. If that makes for some weird new social interactions, I'd say that's a reasonable cost.  Yes, I agree but there's a problem if we \"\"allow\"\" income inequality to become so rampant it causes macro-geopolitical issues. I'm not sure how that would be solved, it seems almost inherent in a captalistic model. I suppose mitigating rent seeking in favour of actual wealth creation and spreading meritocracy in proportion rather than exponentiality might be a start. The current wave of green energy, climate change and focus on health might be an indirect mitigating factor to this. Perhaps the limitation of land is the *real* issue. Space colonization would be an interesting scenario but there's likely a lot of time before that happens.  &gt; I mention comparing to earlier periods simply as a measure of progress to determine whether or not there is a problem that needs correction, such as a specific group in society experiencing real wage stagnation, or truly anemic growth rates relative to earlier periods. It's the slope of the trend line for each group that I'd be worried about, where linear or exponential is good, and logarithmic should indicate a potential crisis.  That actually makes sense.  &gt; Ultimately, I believe that it's not a persons absolute circumstances that matter, but the rate at which those circumstances are improving throughout their lives that most strongly affects their subjective well-being (but that's just my theory).  I have not read enough in both economics or human psychology to really have an opinion on this but so far, I would lean towards an agreement.  &gt; As for real estate costs, you're absolutely correct that this is a problem, but it's as easily explainable problem. Supply is artificially constrained in most of the US due to the need for explicit government permission (in the form of building permits and zoning laws) in order to build new units. Basic economics says that when supply is artificially restricted, prices will rise.  I'm on the fence on this issue because real estate is based on rent seeking and promotion of debt slavery. While I won't argue against the principle of government restriction -&gt; higher prices, what exactly keeps private interests from raising living cost as high as it can? Even in the developed world people spend as much as half of their income on rent / mortgage alone. Other than competition of course but in a high competitive area the incentive is to eat up market share. The laws of accumulation would then argue that in the end a few, large institutions would own the majority of residential homes and living apartments. They can now set their own prices and that will, in effect, be as bad as government regulation.\""}
{"_id": "164987", "title": "", "text": "The difference is that for the one year time frame the data is represented based on daily data and the SMA is 20 days, whilst for the 5 year timeframe the data is automatically represented as weekly data with the SMA represented by 20 weeks not 20 days anymore. This happens due to daily data on this chart being too much data to represent over a 5 year period so the data defaults to weekly data over such a long period. If the chart is represented as weekly data then any indicators will also have to be represented in weekly data. If you use a more sophisticated charting program you can actually select to see daily or weekly data over longer periods such as 5 years or more."}
{"_id": "165025", "title": "", "text": "\"You report it when the expense was incurred/accrued. Which is, in your case, 2014. There's no such thing as \"\"accounts payable\"\" on tax forms, it is an account on balance sheet, but most likely it is irrelevant for you since your LLC is probably cash-based. The reimbursement is a red-herring, what matters is when you paid the money.\""}
{"_id": "165099", "title": "", "text": "There is very little difference these days between account types. The fee structure and interest paid is different, but the actual mechanics, and as noted by others, the coverage by deposit insurance is identical. So look at how much money you have in the account(s) you have; are you maximizing the interest that you could be receiving, even from the small amounts that the banks will pay? If you could get more interest from the savings account, and only write one or two cheques per month, you might be better off with that account only; but given common fee structures, you likely would not want that as your primary account. Another reason for separate accounts is more psychological.  You might be able to train yourself to not dip in to your savings if you don't have a chequebook."}
{"_id": "165100", "title": "", "text": "It depends on the selling price, but if we can assume the property will be sold at a profit, they are getting a pretty sweet deal at your expense. They are both getting about 5.2% interest on their money, plus the lion's share of any property appreciation. I would say that fair would be either of:"}
{"_id": "165103", "title": "", "text": "Most bank registers (where you write down entries) show deposits (+) to account as a CREDIT. Payments, fees, and withdrawals are DEBITs to your bank accounnt. On loans such as credit card accounts, a credit to your loan account is a payment or other reductions of the amount you owe. A charge to your account is a DEBIT to you loan account. They did this just to confuse us!"}
{"_id": "165108", "title": "", "text": "What an amazing success story.   Because Bezos owns both Wa Po and Amazon, Trump has been tweeting several threats to break up and tax Amazon.   He is threatening to destroy all that wealth in order to silence the journalists at Wa Po.     https://mobile.twitter.com/realDonaldTrump/status/889675644396867584"}
{"_id": "165113", "title": "", "text": "\"&gt; how the market going up and down in dramatic fashions due to speculative behavior by traders (of any kind) should have the power to decide the worth of thousands of companies going about their normal business.  Wow. I don't even know where to start.  First: why shouldn't traders be able to decide (as a group) what the companies are worth? If not them, who? Some committee you and your friends in the government get to appoint?  Second: do you really think that intraday (or even intraweek) prices are really representative of what \"\"the market\"\" thinks a company is valued at?   Third: compared to the effect of long term buy and holders changing their mind about a company, the effect of any HFT people on the valuation of a stock is practically nothing - like I said, there's just about no evidence of speculators causing significant mispricing over any significant period.   Fourth: there's no credible evidence that outside of individual events like the Knight Capital farce HFT has actually increased volatility.\""}
{"_id": "165159", "title": "", "text": "Yes for sure.  It would be redundant.  I have three of them, so what.  Its just more money in retirement.  I would prefer a ROTH IRA in your tax bracket and you next employer may not offer that.   And yes there are tax breaks either putting money in to a IRA or if you go the Roth route, on the way out.   So if you put money in a Roth now you will have some money at your tax rate in 40 years from now.  And if you put money in a traditional IRA when you are an employee you will save on the tax rate you are at then.  So you are hedging you bets on tax rates by paying them in two different decade.  Personally we are probably all on a tax holiday right now and I would be that taxes will be higher in the future as they are historically pretty low right now."}
{"_id": "165163", "title": "", "text": "\"As others have pointed out, there are often many factors that are contributing to a stock's movement other than the latest news.  In particular, the overall market sentiment and price movement very often is the primary driver in any stock's change on a given day.   But in this case, I'd say your anecdotal observation is correct: All else equal, announcements of layoffs tend to drive stock prices upwards. Here's why: To the public, layoffs are almost always a sign that a company is willing to do whatever is needed to fix an already known and serious problem. Mass layoffs are brutally hard decisions.  Even at companies that go through cycles of them pretty regularly, they're still painful every time.  There's a strong personal drain on the chain of executives that has to decide who loses their livelihood.  And even if you think most execs don't care (and I think you'd be wrong) it's still incredibly distracting.   The process takes many weeks, during which productivity plummets. And it's demoralizing to everyone when it happens. So companies very rarely do it until they think they have to.  By that point, they are likely struggling with some very publicly known problems - usually contracting (or negative) margins.   So, the market's view of the company at the time just before layoffs occur is almost always, \"\"this company has problems, but is unable or unwilling to solve them.\"\".  Layoffs signal that both of those possibilities are incorrect.  They suggest that the company believes that layoffs will fix the problem, and that they're willing to make hard calls to do so. And that's why they usually drive prices up.\""}
{"_id": "165174", "title": "", "text": "I'm a caucasian male and get a pat down every time I fly, although to be fair I only fly a few times per year (maybe 5 round trips tops, average 1-2) so I could just be getting bitch slapped by statistics due to small sample set. Still aggravates me."}
{"_id": "165187", "title": "", "text": "\"In addition to the answers provided above, the weight the Dow uses to determine the index is not the market capitalization of the company involved. That means that companies like Google and Apple with very high share prices and no particular inclination to split could adversely effect the Dow, turning it into essentially the \"\"Apple and Google and then some other companies\"\" Industrial Average. The highest share price Dow company right now, IIRC, is IBM. Both Google and Apple would have three times the influence on the Index as IBM does now.\""}
{"_id": "165211", "title": "", "text": "The up and coming shoe designer [diana e kelly shoes](http://www.dianaekelly.com/) Fall Collection, beautiful shoes &amp; handbags! Get yours now at DianaEKelly.com Browse the latest women fashion shoes including flats, wedges, and sandals. We also have handbags and purses with a variety of looks and colors to choose from."}
{"_id": "165234", "title": "", "text": "It's not non-zero but, in a resource extraction economy, the prices of those resources is critical.  Alberta, which produces a lot of expensive oil, needs the prices to be above a certain amount or there are major problems.    Prior to 2008, everything was wine and roses.  After the crash, the elected government has been crying.  Instead of funding everything through oil royalties in a surplus, they've made cutbacks and run a sizeable deficit most every year since.  The lower prices has resulted in slowed construction and cancelled projects on the oil sands, which reduces the jobs, which undercuts the only positive to practically giving the oil away.  This is with $32 billion is subsidies for oil and gas each year.  Reduced jobs and money means less demand for real estate, which tripled between 2003 and 2008 and has mostly held steady since then.  With rising interest rates on the horizon, many Albertans could lose 25%-50% of their wealth.  If an oil produces wanted to hurt Alberta, increasing production enough to drop the price of oil by $5-$10 could do it.  I know it's a tall order but there are certain countries and/or organizations that could do it.  The US govt, for example, could have its oil barons and military hawks team up to subsidize production enough to sink Russia in the name of national security.  It may not make much sense but neither does ethanol from corn and look where that is."}
{"_id": "165246", "title": "", "text": "\"There is no fundamental, good reason, I think; \"\"that's just how it's done\"\" (which is what all the other answers seem to be saying, w/o coming out and admitting it). Just guessing, but I'll bet most of the reason is historical: Before up-to-the-moment quotes were readily available, that was a bit tedious to calculate/update the fund's value, so enacted-laws let it be done just once per day.  (@NL7 quotes the security act of 1940, which certainly has been updated, but also still might contain the results of crufty rationales, like this.) There are genuinely different issues between funds and stocks, though: One share of a fund is fundamentally different from one share of stock: There is a finite supply of Company-X-stock, and people are trading that piece of ownership around, and barter to find an mutually-agreeable-price.  But when you buy into a mutual-fund, the mutual-fund \"\"suddenly has more shares\"\" -- it takes your money and uses it to buy shares of the underlying stocks (in a ratio equal to its current holdings).  As a consequence: the mutual fund's price isn't determined by two people bartering and agreeing on a price (like stock); there is exactly one sane way to price a mutual fund, and that's the weighted total of its underlying stock.  If you wanted to sell your ownership-of-Mutual-Fund-Z to a friend at 2:34pm, there wouldn't be any bartering, you'd just calculate the value based on the stated-value of the underlying stock at that exact moment. So: there's no inherent reason you can't instantaneously price a mutual fund.  BUT people don't really buy/sell funds to each other -- they go to the fund-manager and essentially make a deposit-or-withdraw.  The fund-manager is only required by law to do it once a day (and perhaps even forbidden from doing it more often?), so that's all they do. [Disclaimer: I know very little about markets and finance. But I recognize answers that are 'just because'.]\""}
{"_id": "165248", "title": "", "text": "\"Financial services job?  Sales?  The reason is that many non-sales jobs require MBAs, and while there are lots of openings, there is also a TON of competition.  Many people are getting MBAs right after undergrad and they're setting themselves up for some very good jobs.  Don't believe me?  Go look at some job postings for some very junior jobs.  Nearly ANY manager role they want an MBA - even jobs that only require 2+ years of experience they're saying \"\"MBA preferred\"\" and you'll see that there are dozens of applicants for every position.  Call up a recruiter, validate what I'm saying.\""}
{"_id": "165294", "title": "", "text": "\"I thought Derivatives Markets by Robert McDonald was a solid textbook when I used it for an SOA exam and a 4th year financial mathematics course.    For a decent intro to interest rates, annuities, bonds etc I thought \"\"The Theory of Interest\"\" by Stephen Kellison was pretty good.     Other people have mentioned Shreve's Stochastic Calculus for Finance.  There's actually two parts to it.  Part 1 is the binomial asset pricing model and this is the one you would want (for now).  Part two is on stochastic differential equations.  I've used part 2 and I thought it was a good book that covers a lot of amount of material.  It is certainly not an easy read though\""}
{"_id": "165305", "title": "", "text": "In addition to the prior answer, talking from experience, you get into trouble if you surpass the contribution limit and your employer continues to deposit money above the IRS maximum allowed. When that happens, you have until April to take out the excess contribution and earned interest on that chunk of money and included in your tax return or else you get a steep tax penalty in addition to being double taxed ( for the current and next tax year). Also from experience, payroll departments will most likely get this wrong and it will end up in a compliance mess with you picking up the tab on your tax bill. Don't let it happen!!!"}
{"_id": "165315", "title": "", "text": "I took a look at a lot of these products while doing some work for a non-profit. We ended up going with a hosted solution called [Thinkific](https://www.thinkific.com/). Good product, reasonable pricing, and responsive support. I think they've got a free trial iirc.  (I'm not associated with them in any way.)"}
{"_id": "165336", "title": "", "text": "\"Don't worry about this yet. You need the essentials first.   Read in this order:   \"\"How to win friends and influence people\"\" by Dale Carnegie   \"\"Think and grow rich\"\" - Napoleon Hill   \"\" The effective executive\"\" - Peter Drucker  Then decide what type of business you want to start and learn the details.   Bonus: \"\"Atlas Shrugged\"\" - not as practical but will motive you.\""}
{"_id": "165343", "title": "", "text": "It's not a church it is a company and needs to adhere to legal and ethical practices. I used to work at a company that brewed their own beer and staff could drink it at the end of the work day... that doesn't make it a bar.  Your thinking is fundamentally flawed if you were to replace religion with something like gender, race, sexuality, age etc. It is discrimination, there are laws in place because of it, and religion has no exemptions."}
{"_id": "165345", "title": "", "text": "Ally Bank is a good online only account.  They reimburse any ATM Fees you may occur.  I have both checking and savings, with both Ally and ING Direct.  I don't know about having 25 total accounts - seems like overkill to me.  I do something similar though - I get direct deposit into one account, then transfer the average bill amount each pay to a different account that I never touch other than for the allotted bills.  It works well, especially for Utilities that are inflated seasonally. What do you use to mange the 25 accounts?  I use Quicken, but I don't have 25 accounts...yet."}
{"_id": "165357", "title": "", "text": "You could buy some call options on the USD/INR. That way if the dollar goes up, you'll make the difference, and if the dollar goes down, then you'll lose the premium you paid.  I found some details on USD/INR options here Looks like the furthest out you can go is 3 months. Note they're european style options, so they can only be exercised on the expiration date (as opposed to american style, which can be exercised at any time up to the expiration date). Alternatively, you could buy into some futures contracts for the USD/INR. Those go out to 12 months. With futures if the dollar goes up, you get the difference, if the dollar goes down, you pay the difference.  I'd say if you were going to do something like this, stick with the options, since the most you could lose there is the premium you put up for the option contracts. With futures, if it suddenly moved against you you could find yourself with huge losses. Note that playing in the futures and options markets are an easy way to get burned -- it's not for the faint of heart."}
{"_id": "165364", "title": "", "text": "You should write a demand letter immediately, send the letter by certified mail, and then wait 30 days. Here is a sample demand letter for the state of california that you can send: http://www.courts.ca.gov/11151.htm It seems like most of the demand letters assumed that you tried to cash the check and incurred a service fee. Personally, I wouldn't risk incurring even most cost. Instead, after 30 days, I would take him to small claims court and show all the evidence you have (checks, receipts, and letters of correspondence)."}
{"_id": "165378", "title": "", "text": "You spread money/investment across different accounts for different reasons: All this is in addition to diversification reasons. Investing all your money into one stock, bond, Mutual fund, ETF is risky if that one segment of the economy/market suffers.  There is a drawback to diversification of accounts. Some have minimum amounts and fee structures. In the original question you asked about 1,000 per account. That may mean that some accounts may be closed to you. In other cases they will charge a higher percentage for fees for small accounts. Those issues would disappear long before you hit the 1,000,000 per account you mentioned in your comment. One problem can occur with having too much diversification. Having dozens of funds could mean that the overlap between the funds might result in over investing in a segment because you didn't realize that one stock segment appeared in 1/3 of the funds."}
{"_id": "165388", "title": "", "text": "Ahh, that's embarassing. I read two articles on Uber on hackernews this morning, one with this title, and the other talking about uberPool which said that they aggressively offered discounts because without those rebates drivers wouldn't have enough passengers, but if they could reach a critical number of users they would have enough passengers that the ride was (barely) profitable.  I went back and found the articles posted on hackernews and feel pretty silly now. I should definitely tone down my smugness in the future, so sorry for that. Glad you found it amusing though!  [Here is the link to the story I thought this was, in case you were interested](https://www.google.ca/url?sa=t&amp;source=web&amp;rct=j&amp;url=/amp/s/techcrunch.com/2017/05/31/uberpool-sf-buzzfeed-documents-burn-rate/amp/&amp;ved=0ahUKEwjI8IqTuKDUAhUByoMKHT7zCHsQFggwMAQ&amp;usg=AFQjCNFMBLxrbnKD1QDka1w0Jm99Xs6OFg&amp;sig2=-efzgIxdqrDmb0j7oAiPyw)"}
{"_id": "165389", "title": "", "text": "I agree. ZH is way ahead on some big stories. The different spin on Russian propaganda was interesting for a while (Syria, Iraq) but has become worse than the Western media on Ukraine and some other nutty stories. Western media is influenced by the banks and Russian media is controlled too much by Putin. But despite the distortions you sometimes get clear picture if you keep an eye on both."}
{"_id": "165397", "title": "", "text": "\"The best reason for endorsing a check is in case it is lost. If the back is blank, a crooked finder could simply write \"\"pay to the order of \"\" on it and deposit it in his own account. You do not need a signature for the endorsement. The safest way to endorse a check is to write \"\"FOR DEPOSIT ONLY\"\" followed by an account number, in which case the signature is not needed. most businesses make up rubber stamps with this and stamp it the minute they receive a check. That way it has no value to anyone else. Depositing checks is increasingly going the way of the dodo. Many businesses today use check truncation - the business scans the check in, sends the digital image to the bank, and stores the check. I was surprised that Chase already has an applet for iPhones that you can use to deposit a check by taking a picture of it!\""}
{"_id": "165400", "title": "", "text": "The worst.   Joe Buck mode, for those of you who like NFC teams: turn the center channel on your surround sound off. All you'll hear is crowd going nuts. Turn that shit up, fans say funny things, and you don't have to listen to fucking Joe Buck."}
{"_id": "165415", "title": "", "text": "\"Typically, the CC company itself won't follow the customer very far upon a default (though it certainly can act as its own debt collector, or hire an agency for a fee to do the collection).  What most often happens: Once they do that, assuming they win the lawsuit, they can do the following: They cannot \"\"force\"\" you into bankruptcy, but they might make it so you have no better options (if bankruptcy is less painful than the above, which it often is).  They certainly can (and will) report to the credit bureaus, of course.  For more information, Nolo has a decent help site on this subject. Different jurisdictions have slightly different rules, so look up yours.  Here is an example (this is from Massachusetts). Not every debt is sued for, of course; particularly, pay attention to the statute of limitations in your state.  (In mine, it's seven years, for example.)  And it's probably worth contacting someone locally (a legitimate non-profit debt relief agency, or your state's help agency if they have one) to find local rules and regulations.\""}
{"_id": "165465", "title": "", "text": "\"If you \"\"do business\"\" in a state, then you need to register your business in that state.  I suspect that you have a misconception of what it means to \"\"do business\"\" in a state.  If you are a 1-man shop, then you very likely are not doing business in any state except the one state where you work. Examples of when you are doing business in a state include having an office in the state or having employees in the state.  Merely selling something to a client in that state is NOT enough to be doing business in the state. Each state is different, but unless you are doing something that is, in some sense, close to having an office or an employee in a state, then you have nothing to worry about.  For example, if you regularly travel to a state to do work for a client then it is possible that you could be doing business in that state (I have no idea if that would be sufficient in any state).  But if you are just working out of your basement running a website, then you are only doing business in your own state.\""}
{"_id": "165468", "title": "", "text": "[Japan] had been for some time, but during the recession, China went strongly for US debt as a hedge against a depression occurring. Now that the world economy is rebounding, China can get a bit more aggressive and will probably back off on treasuries."}
{"_id": "165494", "title": "", "text": "I do work my ass off. If I roll my commute in I've got a fairly regular 14hours of work a day, and lots of stress. And I'm on call virtually always.  Hence the stress, and the dream of life after a lottery win. And with my stress I make pretty good money for my age, so I don't mind throwing some away to a dream"}
{"_id": "165501", "title": "", "text": "Doesn't matter.  What concerns me is the potential, since it is very plausible that at some time in the near future the Feds will need to be violently fought by the citizens of the USA in order to correct the deviation of their allegiance."}
{"_id": "165503", "title": "", "text": "Just keep in mind that on Upwork, you basically have to be the cheapest person to get most of the gigs. It's great to get your feet wet, but I would strongly encourage you to use it to build a portfolio up and then start reaching out to people in your network to see if anyone needs your services."}
{"_id": "165518", "title": "", "text": "Trading error at Citi"}
{"_id": "165526", "title": "", "text": "Over my lifetime (over sixty now) I found that having both options (white- and blue-collar) available always meant I could get work. By the age of twenty-one I had two paths available; by the age of forty-five I had four. The key is to not lock yourself into one path and always be learning something new, which means having an awareness of your society and its technology *and be interested in it.* The sad truth is that most people just aren't intelligent enough to be able to so this and that is not a bad thing; we're not all the same and so can't be held to the same measuring stick."}
{"_id": "165544", "title": "", "text": "Shares are partial ownership of the company. A company can issue (not create) more of the shares it owns at any time, to anyone, at any price -- subject to antitrust and similar regulations. If they wanted to, for example, flat-out give 10% of their retained interest to charity, they could do so. It shouldn't substantially affect the stock's trading for others unless there's a completely irrational demand for shares."}
{"_id": "165548", "title": "", "text": "Although this is possible with many brokers, it's not advisable. In many cases you may end up with both trades executed at the same time. This is because during the opening, the stock might spike up or down heavily, bid/ask spread widens, and both of your orders would get picked up, resulting in an instant loss. Your best bet is to place the stop manually sometime after you get filled."}
{"_id": "165549", "title": "", "text": "You're ignoring the fact that you still had the taxes from the $5500 (so $1375) left over when making the traditional IRA contribution.  So yes, the Roth IRA grew without further taxing more than the Traditional IRA did; but you could've just as easily invested that $1375 in the same investments. While you'd owe taxes on them, true, you'd still earn a boatload of money.  That's another $10,607 you've earned, not tax-free, but with gains at the 15% CGR is still $9170.  So you now have $60,627 in the Roth, available tax-free, or you have $60,627 available at a 10% or so average rate (12% if you like, though I think you'll find it's more like 10%).   Say $53351, plus $9170 from the not-sheltered income after taxes, for $62,521 after taxes. So you make about $2000 more by using the traditional IRA for $5500 and then just investing the rest in a long term account.  The math might be slightly worse if you invest in something that has regular dividend taxes due, but if you're careful to use tax-favored investments you should be okay, and even if you don't you'll still end up ahead in the end if you make the same exact investment as your tax-sheltered account. Ultimately the question is: are you paying more in taxes now, or later, comparing now marginal rate to later average rate.  If you are paying more in taxes now, then traditional IRA plus invest the rest unsheltered.  If you're paying more later, then Roth IRA."}
{"_id": "165550", "title": "", "text": "\"The question is about the dealer, right?  The dealer isn't providing this financing to you, Alfa is, and they're paying the dealer that same \"\"On the Road\"\" price when you finance the purchase.  So the dealer gets the same amount either way. The financing, through Alfa, means your payments go to Alfa.  And they're willing to give you 3,000 towards purchase of the car at the dealer in order to motivate those who can afford payments but not full cash for the car.  They end up selling more cars this way, keeping the factories busy and employees and stockholders happy along the way.  At least, that's how it's supposed to work out.\""}
{"_id": "165572", "title": "", "text": "In the U.S., there are two kinds of court cases: civil and criminal.  Only a crime can put you in jail. Simply the fact that you owe someone money cannot land you in jail.  If you agree to pay money to someone, and then you don't pay, you have not committed a crime.  However, you may have committed a crime in the way that you became in debt.  For example, as Joe mentioned in his answer, if you write a bad check and give it to someone as payment, you will owe them money (not a crime), but you will also have committed fraud, which is a crime that can put you in jail. Another example is the IRS.  The IRS cannot put you in jail simply for having unpaid taxes.  However, it is a crime to lie on your tax return and evade taxes.  It is an important distinction."}
{"_id": "165586", "title": "", "text": "I hear that Google's counter to the Amazon/WF play is to push Google Express mass market. This would mean dropping the yearly membership and partnering with Walmart to expand available inventory. I don't like it for the reason mentioned above. I mean Google has the cash reserves to go after Target or even Costco, but they have a poor history of managing established brands post acquisition. Hello Moto?  Still I personally spend loads of money at Amazon, Whole Foods, Costco, and Target... hardly a penny at Walmart."}
{"_id": "165597", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://news.sky.com/story/japans-economy-posts-longest-unbroken-growth-streak-in-more-than-a-decade-10988359) reduced by 71%. (I'm a bot) ***** &gt; It was the strongest quarter of growth since the first quarter of 2015.  &gt; It means Japan is growing faster than the likes of the United States, whose economy grew by just 2.6% on an annualised basis during the same period, and appreciably faster than the UK. Japan&amp;#039;s economy has now grown for sixth successive quarters, the longest growth streak it has enjoyed since 2006, representing a triumph for Prime Minister Shinzo Abe, who took office in 2012 promising a revival.  &gt; Toshimitsu Motegi, Japan&amp;#039;s new economic and fiscal policy minister, said the stronger-than-expected growth reflected continued strength in consumer spending and business investment.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ttbyy/japans_economy_beats_the_forecasts_growing_by_4/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191182 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Japan**^#1 **growth**^#2 **quarter**^#3 **economy**^#4 **year**^#5\""}
{"_id": "165598", "title": "", "text": "JPM is probably the hugest too big to fail alongside being one of the most highly leveraged. Did you see Jamie Dimon testifying before our great politicians earlier this year? I mean if the Federal Government is kissing his ass, what will the State of New York really accomplish? The Bear Stearns collapse was avoided by JPM jumping in and saving the pride of Wall Street. Do you see Barclay's getting sued for things Lehman Brothers did? Barclay's is living the good life in London rigging LIBOR, while JPM, an American institution is being re-regulated. Should the government sue every company that goes out of business for defrauding customers, employees, and all stakeholders? SMH"}
{"_id": "165606", "title": "", "text": "When looking for a ventilation system for the house, there are a few construction law prerequisites which you need to know about. The most ideal method for battling rising damp and mould buildup in your house is by introducing a legitimately composed ventilation framework including exhaust fans."}
{"_id": "165619", "title": "", "text": "The length of time you have established credit does improve your credit score in the long run. As long as you can avoid paying interest, you might see if you can get a card with cash back rewards. I have one from Citi that sends me a $50 check every so often when I have enough rewards built up."}
{"_id": "165641", "title": "", "text": "Yeah meanwhile you would keep your mouth shut if you bought a brand new $30,000 lemon car right? You'll just say fuck the regulations I'll take the hit. You sure as shit won't care if the Exxon mobile truck misses its exit and dumps its load on your front yard, you won't go after them for regulation violations. Get the fuck outa here. Regulations are needed."}
{"_id": "165645", "title": "", "text": "Yes, you've summarized it well. You may be able to depreciate your computer, expense some software licenses and may be home office if you qualify, but at this scale of earning - it will probably not cover for the loss of the money you need to pay for the additional SE tax (the employer part of the FICA taxes for W2 employees) and benefits (subsidized health insurance, bonuses you get from your employer, insurances, etc). Don't forget the additional expense of business licenses, liability insurances etc. While relatively small amounts and deductible - still money out of your pocket. That said... Good luck earning $96K on ODesk."}
{"_id": "165658", "title": "", "text": "You are confusing two things.  One is the business side and the other is the social safety net.  I believe very strongly in a social safety net.  I do not believe in a business safety net.  If you don't want progress then have central planning. Let the central planners work out how much to make of everything and direct employers on how many people to employ.  There won't be any overt creative destruction. There will however be a significant decrease in prosperity.  It is like getting a lower rate of interest - doesn't seem to be so bad in the short term, but really bites in the long term."}
{"_id": "165659", "title": "", "text": "ETF's are great products for investing in GOLD. Depending on where you are there are also leveraged products such as CFD's (Contracts For Difference) which may be more suitable for your budget. I would stick with the big CFD providers as they offer very liquid products with tight spreads. Some CFD providers are MarketMakers whilst others provide DMA products. Futures contracts are great leveraged products but can be very volatile and like any leveraged product (such as some ETF's and most CFD's), you must be aware of the risks involved in controlling such a large position for such a small outlay. There also ETN's (Exchange Traded Notes) which are debt products issued by banks (or an underwriter), but these are subject to fees when the note matures. You will also find pooled (unallocated to physical bullion) certificates sold through many gold institutions although you will often pay a small premium for their services (some are very attractive, others have a markup worse than the example of your gold coin). (Note from JoeT - CFDs are not authorized for trading in the US)"}
{"_id": "165669", "title": "", "text": "You definitely cannot be guaranteed to get the bid or ask if you are selling more than are available/desired at those prices. What prices you do get depends on who is watching that contract and how willing they are to trade with you. This question is not much different from the question of whether you can easily get into or out of a large position in an illiquid small stock easily.  You can get out quickly if you are willing to take pennies on the dollar, or you may get a reasonable price if you take a long time to get out of (or into) your position.  You can't normally do both. In general taking large positions in illiquid assets is not something people want to do without lining up a buyer/seller beforehand.  Instead see if you can achieve your objective with liquid investments."}
{"_id": "165690", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.npr.org/sections/thetwo-way/2017/07/07/535940922/xxx-jobs-added-to-u-s-payrolls-in-june-unemployment) reduced by 76%. (I'm a bot) ***** &gt; An estimated 222,000 jobs were added to the U.S. economy in June, according to the monthly employment report released by the Bureau of Labor Statistics Friday.  &gt; The agency singled out health care, social assistance, financial activities and mining as sectors where jobs were added.  &gt; Two resilient sectors continued their upward trend in June, with professional and business services adding 35,000 jobs - and 624,000 over the past 12 months - and the food and drink service industry adding 29,000 jobs, with 277,000 over the past year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mgm3y/222000_jobs_added_to_us_payrolls_in_june/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~163885 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **gain**^#2 **average**^#3 **percent**^#4 **more**^#5\""}
{"_id": "165691", "title": "", "text": "\"Firstly, it isn't so generous.  It is a win-win, but the bank doesn't have to mail me a free box of checks with my new account, or offer free printing to compete for my business.  They already have the infrastructure to send out checks, so the actual cost for my bank to mail a check on my behalf is pretty minimal.  It might even save them some cost and reduce exposure.  All the better if they don't actually mail a check at all. Per my bank Individuals and most companies you pay using Send Money will be mailed   a paper check. Your check is guaranteed to arrive by the delivery date   you choose when you create the payment. ... A select number of companies\u2013very large corporations such as telecoms,   utilities, and cable companies\u2013are part of our electronic biller   network and will be paid electronically. These payments arrive within   two business days... So the answer to your question depend on what kind of bill pay you used.  If it was an electronic payment, there isn't a realistic possibility the money isn't cashed. If your bank did mail a paper check, the same rules would apply as if you did it yourself.  (I suppose it would be up to the bank.  When I checked with my bank's support this was their answer.) Therefore per this answer: Do personal checks expire? [US] It is really up to your bank whether or not they allow the check to be cashed at a later date.  If you feel the check isn't cashed quickly enough, you would have to stop payment and contact whoever you were trying to pay and perhaps start again.  (Or ask them to hustle and cash the check before you stop it.) Finally, I would bet a dime that your bank doesn't \"\"pre-fund\"\" your checks.  They are just putting a hold on the equivalent money in your account so you don't overdraw.  That is the real favor they do for you.  If you stopped the check, your money would be unfrozen and available. EDIT Please read the comment about me losing a dime; seems credible.\""}
{"_id": "165692", "title": "", "text": "\"It helps. Teachers have to go through years of classes, training, observations, student teaching, state examinations, etc. just to earn their clear credential. All that \"\"tenure\"\" really does is guarantee due process so that after all the effort of becoming a licensed teacher the administration can't throw it all away on a whim.\""}
{"_id": "165695", "title": "", "text": "\"The conspiracy buffs think this is already in the works. If you are interested, Google this fictional currency called the \"\"Amero.\"\" Or you could just look up the snopes article on Amero.\""}
{"_id": "165710", "title": "", "text": "Crazy idea but... on the offchance your friend is near one of Europe's few bitcoin ATM's ... buy some bitcoin, transfer them to your friend, and they can presumably cash them in at the ATM.  I've no idea how much bid-offer spreads will eat into the transfer or whether you can tolerate bitcoin volatility though. Unless there are money laundering regulations that mean anyone wanting to use one of these ATM's has to agree some ID checks that your friend can't satisfy (I don't actually know much about bitcoin at all). If not a bitcoin ATM, maybe there are other ways your friend can convert bitcoin value to something more useful (bitcoin to mobile-phone top-ups seem to be possible, for example)."}
{"_id": "165759", "title": "", "text": "The IRA contribution for the year are allowed until the tax day of that year. I.e.: you can contribute for 2015 until April 15th, 2016 (or whatever the first business day is after that, if the 15th is a holiday). You'll have to explicitly designate your contribution for 2015, since some of the IRA providers may automatically designate the current year unless you explicitly say otherwise. If that happens - it will be very hard to fix later, so pay attention when you're making the contribution. You get a couple of things from your IRA provider: Form 5498 - details your contributions for the year, account FMV, and RMD details. You can see the actual form here. You don't always get this form, if you didn't contribute anything and no RMD is required for you. Since the last day to contribute is April 15th, these forms are usually being sent out around mid-May. But you should know how much you've contributed by the tax day without it, obviously, so this is only for the IRS matching and your record-tracking.  Form 1099-R includes information about distributions (including withdrawals and roll-overs). You may not get this form if you didn't take any money out of your IRA. These come out around end of January."}
{"_id": "165767", "title": "", "text": "\"You may as well ask why a piece of wood is 25 centimeters long but only 10 inches. Most units of measure are very arbitrary. Somebody decides that this amount of heat or distance or money is a convenient unit, and so that's what they use. Suppose that tomorrow the government issued a whole new currency that had 10 times the value of the old currency. So if you used to make 10,000 foobars a year, now you make 1,000 new foobars. And likewise the price of everything you buy is divided by 10. If a certain model car used to cost 2,000 foobars, now it costs 200 new foobars. Are you better or worse off? Clearly if ALL prices change by the same percentage, then it makes absolutely no difference. (Aside from the hassle of making the switch and getting used to the new numbers.) A currency where 1 unit of money buys more is not necessarily a \"\"stronger currency\"\". Any more than inches are \"\"better\"\" than centimeters because you get more wood for an inch than you get for a centimeter. A currency is said to be \"\"strong\"\" when it's value is stable or increasing relative to other currencies. If yesterday I could trade 10 foobars for 1 plugh, but today I only need 9 foobars to buy 1 plugh, then foobars are stronger than plughs. Even though I still need more foobars than plughs to buy the same item.\""}
{"_id": "165777", "title": "", "text": "\"&gt;he is presumed guilty until proven innocent\"\"  I never said Guilty until proven innocent. I'm saying guilty because there are 26 fucking testimonies against him. I suppose those 26 people are magically all lying are they and they should be discounted?  You're a fucking idiot. Seriously. You obviously no nothing of the case at all apart from what you heard from fellow Armstrong fanboys.\""}
{"_id": "165824", "title": "", "text": "I'm pessimistic about most things, so: They can't REPO the degree and the knowledge, but they can sure REPO the CAR, so pay off the car. My suggestion would be to pay off the vehicle, because no matter what the future holds (good or bad) you will need a vehicle to get around. Although, I recently found out from the comment below that student loans are a recourse debt that won't be forgiven. Not even with bankruptcy. Most collection agencies will take pennies in the dollar for debt, but not with student loans."}
{"_id": "165842", "title": "", "text": "&gt; - Waiting too long to renovated their stores.  There was a Sears between my house and the neighborhood train station that I walked by regularly for two years before realizing that it was an operating store and not an abandoned warehouse."}
{"_id": "165848", "title": "", "text": "From what I hear, usually not.  Get an amortization schedule for the property, and see what the savings on the interest rate is.  Then see what the interest versus borrowing less is. The consider that you can invest the buy down money, or better yet use it as down payment and borrow less money.  Typically (as experienced by wife who use to be a loan processor) the buy down did not save any money, and just made the broker a bigger commission."}
{"_id": "165855", "title": "", "text": "\"Treasury stock is not really represented in the Balance Sheet as a \"\"Treasury stock\"\" line item in the assets.  Some companies will break out Treasury Shares as a line item in the \"\"Shareholders Equity\"\" heading of the balance sheet but Apple hides it in the \"\"Shares Issued and Outstanding\"\" counts under the \"\"Shareholders Equity\"\" heading.  As of the most recent Q2 2017 quarterly report There are 5,205,815,000 shares issued against 5,336,166,000 shares outstanding.  This indicates that Apple is retaining about 130,351,000 shares in treasury. On the Q1 10-Q you can see that Apple had 5,255,423,000 shares issued which indicates roughly 49mm shares were repurchased by the end of Q2.  You can roughly verify this by looking at page 18 of the Q2 filing in the summary of the share repurchase program.  Repurchased as part of an Accelerated Share Repurchase arrangement bleeds between quarters but from February 2017 through May 2017 there have been 17.5mm shares repurchased.  31mm shares were also repurchased on the open market in Q2.    The \"\"shares issued\"\" total is on a downward trend as part of Apple's share repurchase initiative that has been underway for the last couple of years.\""}
{"_id": "165866", "title": "", "text": "\"##Betteridge's law of headlines Betteridge's law of headlines is one name for an adage that states: \"\"Any headline that ends in a question mark can be answered by the word no.\"\" It is named after Ian Betteridge, a British technology journalist, although the principle is much older. As with similar \"\"laws\"\" (e.g., Murphy's law), it is intended as a humorous adage rather than the literal truth.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.2\""}
{"_id": "165904", "title": "", "text": "\"Credit Unions have long advocated their services based on the fact that they consider your \"\"character.\"\"  Unfortunately, they are then at a loss to explain how they determine the value of your character, other than to say that you're buddies & play pool together so they'll give you a loan. Your Credit History / Score is as accurate a representation of your character in business dealings as can be meaningfully quantified.  It tracks your ability to effectively use and manage debt, and your propensity to pay it back responsibly or default on obligations.  While it isn't perfect, it is certainly one of the best means currently available for determining someone's trustworthiness when it comes to financial matters.\""}
{"_id": "165917", "title": "", "text": "You could always maintain a limit order to sell at a price you're comfortable with."}
{"_id": "165919", "title": "", "text": "Not quite. The lottery takes almost no effort or investment to play. It's low risk, negative return, but a small chance for high return. MLM requires a lot of time, effort, and usually $5K-$10K of debt before people bail out. It's a high risk, negative return, with a small chance for a positive return and no chance for a high return.  They are similar in being bad investments, but lotteries do so at a much smaller scale for individuals."}
{"_id": "165932", "title": "", "text": "Hello! Have you thought about going to meetup.com and looking for some developer group you could network with? It sounds to me like you are the perfect candidate for a bit of mentoring. A few people to bounce ideas off of.  I live in a very high tech town (Austin, TX) so this is super easy to find here. But you can also start your own group if one doesn't exist in your area.  I hope also that someone answers here!"}
{"_id": "165933", "title": "", "text": "\"Is it really their money though? The concept of ownership only exists in the context of what ownership rights your fellow man is willing to respect.  If your fellow man thinks you have financial obligations to the rest of the world, then your belief that you \"\"own\"\" the money they think should be used to meet those financial obligations are pretty meaningless.\""}
{"_id": "165957", "title": "", "text": "It's about time that we start antitrust against a number of massive corps.  Enough is enough.  A mere mention by Amazon that they might be going into a new industry decimates the stocks of all companies in that industry.  It's not that Amazon has a secret sauce other than firing all employees and driving them to welfare but their sheer size. It brings back memories of the robber barons, the massive oil conglomerates and AT&amp;T that were broken up to the benefit of society."}
{"_id": "165970", "title": "", "text": "The standard answer on any long term stock is hold on during the rough times.  You have not lost anything until you sell.  If your concern is just that you are not certain where the stock price is headed, unless you need the money now and can not afford to hold on to the stock then I would hold it."}
{"_id": "165973", "title": "", "text": "It depends on what site you're looking on and what exchange they're pulling the data from. Even though funds and stocks are called the same thing, they have different ticker symbols in each country's exchange or could be traded as pink sheet stocks in the US. If a company or fund is based in another country (like Canada or the UK) they probably also trade on that country's exchange (Toronto or London) under a different symbol. This can cause a lot of confusion when researching these tickers."}
{"_id": "165981", "title": "", "text": "\"Your question has a built in faulty premise.  \"\"ASSUMING a person knows how to use and invest their money wisely\"\" I'd ask if you were wise enough to beat the investments offered in your 401(k) after expenses, and with respect to the potential tax savings.  Then, since I'm a proponent of \"\"deposit to the match, even if you have to eat rice and beans to find the cash to do\"\" I'll extend the question to ask if you can beat the choices taking the match into account.  401(k) - Your $1000 starts as $1500 and has a tax due on withdrawal years later. AeroAccount - You start with $750 (after the tax) and might spend a decade before hitting $1500.  Start your own company? That might be another story. But to invest in the market and still beat the matched 401(k) takes a bit more wisdom than I'd claim to have.\""}
{"_id": "165995", "title": "", "text": "If it is one of those debit cards you use just like a credit card without a PIN, I'd cancel it regardless of whatever you are trying to do with your finances. They just seem too dangerous to me.  Unlike a credit card, if someone makes fraudulent purchases on a debit card the money is gone from your bank account until you resolve the issue with the issue. With a credit card, the BANK is out the money until it gets worked out. My brother once had his credit card number (not the card) stolen and the criminals emptied his bank account. Eventually the bank put the money back after an investigation, but it had two really nasty side effects: 1) Dozens of checks bounced. The bank refunded the bounced check fees, but not all of the stores would.   2) He had no money in his account until it was resolved. Luckily in his case they resolved it in a few days, but he was already making preparations to borrow money to pay his rent/bills."}
{"_id": "165998", "title": "", "text": "No of course not, they are privately held, have no relationship with publicly held financial institutions, do not mine and sell your information to publicly held corporations, do not play revolving door of board members, the board members own no stocks, fired and retired board members will never get on another board, they never lobby congress on behalf of extracting more money from the public, and never engage in insider trading for sure.\u00a0 Nothing at all to do with Wall Street."}
{"_id": "166002", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [110% Freelance Performance](https://np.reddit.com/r/talkbusiness/comments/786vsu/110_freelance_performance/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "166013", "title": "", "text": "&gt; If you can come up with a way to make super cheap healthy organic food that can be prepared by unskilled labor in less than a minute, then I'm sure they'd love to hear from you.  How much time have you spent cooking?  Because it isn't exactly rocket science.  It isn't too difficult to make large quantities of inexpensive quality food.  You do have to spend some money on kitchen hardware, but the skills aren't too bad.  Short-order cooking can be picked up quickly.  Baking bread isn't difficult, either.  Considering that McDonald's wants $7 for a combo meal, I could do simple breakfast foods (eggs, pancakes, biscuits, etc.), bread, rice, beans, burgers and other easy stuff, for that amount or less and do well.  That's not just speculation.  There are probably a couple million small restaurants who do this.  It isn't hard."}
{"_id": "166038", "title": "", "text": "This has been going on for a while.  This is a result of the american idol mentality that hiring managers and HR have.  They want to line up like judges.  Saying there is a skills mismatch is ridiculous.  There are plenty of qualified people out there.  If anything, it says something about how shitty the managers are."}
{"_id": "166054", "title": "", "text": "This is a snapshot of the Jan '17 puts for XBI, the biotech index.  The current price is $65.73. You can see that even the puts far out of the money are costly. The $40 put, if you get a fill at $3, means a 10X return if the index drops to $10. A 70X return for a mild, cyclic, drop isn't likely to happen.  Sharing youtube links is an awful way to ask a question. The first was far too long to waste my time. The second was a reasonable 5 minutes, but with no example, only vague references to using puts to protect you in bad years.  Proper asset allocation is more appropriate for the typical investor than any intricate option-based hedging strategy. I've successfully used option strategies on the up side, multiplying the returns on rising stocks, but have never been comfortable creating a series of puts to hit the jackpot in an awful year."}
{"_id": "166056", "title": "", "text": "I second all of this. It\u2019s worth noting that not all estates require wealth advice. Unless it\u2019s in the millions of dollars and you have no prior experience, I wouldn\u2019t waste time with wealth advisors.   ML is a broker dealer, not a fiduciary."}
{"_id": "166064", "title": "", "text": "\"If it were the case that people magically had a heart attack when enough people clicked a \"\"I hate this person\"\" button on hatebook.com or whatever, then yes, because that goes beyond hate and into actual harm.   However, that is not the case. Hate speech does not actually harm anything or anyone. Here in the real world, saying \"\"X doesn't belong here\"\" or \"\"I hate X\"\" or \"\"I wish X didn't exist\"\" or \"\"the world would be a better place without X\"\" doesn't hurt anyone (unless it's targeted bullying and harassment, but that's not what we're talking about here). If they're threatening or calling to violence (e.g. \"\"I encourage everyone to punch every X you come across\"\"), they have gone beyond hate speech. If they're incessantly harassing a particular person or organization, they have gone beyond hate speech. Having a forum at wehateXgroup.com where everybody talks about how much they hate X doesn't hurt anybody, and anyone who is bothered by that website can just not go there.\""}
{"_id": "166087", "title": "", "text": "\"ITIN's can be granted for deceased minors via Form W-7: Choose \"\"Dependent of U.S. citizen/resident alien\"\" as the reason for applying. You are required to write \"\"DECEASED\"\" across the top of the form, and you will have to provide a birth certificate and potentially other supporting documentation.  The directions are not super clear for this use-case, but I've found that IRS support for ITIN is pretty easy to work with. The directions also have offices/numbers for overseas help, which I'd wager will be better able to assist with your scenario. Edit: I made a poor assumption on answering that the original returns filed were rejected but had been filled out properly, when filing with a deceased dependent without an SSN you typically write 'DIED' in the spot for the dependent's SSN. If the original returns were not filed this way, and accompanied by supporting documentation (record of live birth and record of death), then it may be best to start there, but it sounds like you already got bounced around and had it suggested that the lack of a number was an issue.\""}
{"_id": "166100", "title": "", "text": "&gt; I hope you're not trying to become a lawyer. That field is way over saturated.  No, but it was one of the better paying jobs offered when I was in school that at least claimed to work with student schedules. I don't have the cash for a top tier law school or even to afford to live near one, and even those who can find work from lower-tiered schools don't make enough to make it worth it.    My goal is to work in some form of rehab or addiction treatment or trauma counseling (or possibly emergency medicine, if I decide I still need that pace and get tired of mostly talking). I was thinking about just getting my MSW but, since I'm already an EMT and probably going to be getting my CNA certification for a side job, now I'm leaning toward becoming a Psychiatric Nurse Practitioner or possibly a Physician's Assistant. I was looking at PA first, but NP seems most flexible in terms of being able to keep working and doing school.  If all else fails, I'll hop back into sales. I'm licensed for real estate &amp; insurance and sold cars until I got into a wreck and had to take some time off.  Good money there and I liked the challenge, but I have personal reasons for wanting to go into the other field."}
{"_id": "166109", "title": "", "text": "Nope I live in Orange County. I get to put away some savings no lie but even still it's not like I'm driving a Tesla or BMW.   No student loans that are out of control although I did pay off my education loans a bit fast but I only got stuck with those after dropping out and being unemployed for over a year.  Learned to code and it helped a lot. Afterwards I had a bit of a personal fall out with drug and alcohol abuse when someone close to me passed away and since lifted myself up but it's not been easy because rent for a 1bedroom 600 sqft is around 1200-1500 here. After taxes I'm taking home maybe 2,2k plus car payment insurance personal insurance since I own my own business and being young and single means I get raped by taxes for whatever reason."}
{"_id": "166118", "title": "", "text": "After reading their full guarantee page, it seems that they really don't understand the definition of the word. They don't seem to offer any guarantee, but rather just a list of reasons that they believe their plan is foolproof. Mostly they argue that their lawyers have covered every angle and a lot of big players use them so naturally everyone will respect the value of their online currency. Nowhere do they address what happens if their company goes belly up, which is the primary thing I'd be worried about with this type of thing. Ironically they specifically state on their guarantee page Many first-rate payment systems tried to guarantee their stability but   unfortunately failed to fulfill their obligations given to the users   and contractors. Myopic investment policy and court claims of tax   agencies have frequently adversely affected the work of Electronic   Payment Systems. Which, personally, would make me even MORE nervous to use their system. Their guarantee amounts to, other systems have crashed and burned, but we are smarter than those guys and even hired lawyers to confirm it!"}
{"_id": "166166", "title": "", "text": "Honestly, get a ln employment lawyer, preferably one with a MBA. If you're having to ask these questions, and considering giving away equity, get proper business legal advice. I've seen several lucrative companies torn apart because things were sloppy when it was originally set up. Also remember employees don't need equity to spur them on; that what a paycheck and meaningful employment is for. And certainly don't give anything from the outset."}
{"_id": "166173", "title": "", "text": "Shareholders provide their capital to the company via buying issued stock from said company. In a way they are owning the company through that transaction by a percentage. Ownership is now in question depending on how big the company is. Apple? You have a snowballs chance in Hell trying to assert your 'ownership' of your one share of their stock. So in theory yes they technically own part of the company but the decision making is up the board. Though the shareholders can voice their opinion and give up their vote via proxy voting. I'm a little rusty please correct me if you must."}
{"_id": "166183", "title": "", "text": "Business directory is one of the most famous methods to boost your site ranking by claiming and optimizing local business directory listings. This method helps to increase your visibility so that you customer can find your easily. As our site is very famous business directory in Delhi, India so getting listed here can help you to generate more and more profit."}
{"_id": "166204", "title": "", "text": "I love even _job application technology_ used online these days still don't have an option for self-employment or freelance. Some industries like television or magazines have been almost 100% freelance for a generation. My field, graphic design (and advertising), is probably about 30% freelance. Yet even those firms when posting a job will want to see your experience in neat little boxes that look like past employer A followed by past employer B."}
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{"_id": "166215", "title": "", "text": "I don't know about frowned upon. But consider that a big part of your internship is auditioning for a job after you graduate. Integrating to the team and adopting their norms, to the extent that you don't look like a try-hard, increases your chances of being accepted into the group. I would recommend you aim to dress just a little better than the norm. If your team wears kakis and button down, wear a blazer. If they wear blazers, wear a business suit. Does that make sense?"}
{"_id": "166220", "title": "", "text": "I would advise against both, at least in the way you are discussing it. You seem to be talking about day-trading (speculating) in either stock or currency markets. This seems ill-advised. In each trade, one of three things will happen. You will end up ahead and the person you buy from/sell to will end up behind. You will lose and the counterparty will win. Or you both will lose due to trading fees. That said, if you must do one, stick with stocks. They have a reason to have positive returns overall, while currency trade is net-zero. Additionally, as you said, if it sounds like you can gain more with less money, that means that there are many more losers than winners. How do you know you will be a winner? A lot of the reason for this idea that you can gain a lot with less is leverage; make sure you understand it well. On the other hand, it may make sense to learn this lesson now while you have little to lose."}
{"_id": "166221", "title": "", "text": "I think they have a solid model, most theaters are empty most hours, so if this puts butts in seats, it's better than them going empty, and the theater mainly makes its money at the concession stand, so more people into the theater, more chances of making money off the concession. Only thing is that it might be too cheap.  I enjoy going to the movies and I'd have paid upwards of $50 for this even if I'd only go two-five times a month. This is just far too cheap and would necessitate having a ridiculous amount of people signed up for it."}
{"_id": "166227", "title": "", "text": "First off, you should phone your broker and ask them just to be 100% certain. You will be exercised on the short option that was in the money. It is irrelevant that your portfolio does not contain AAPL stock. You will simply be charged the amount it costs to purchase the shares that you owe. I believe your broker would just take this money from your margin/cash account, they would not have let you put the position on if your account could not cover it. I can't see how you having a long dated 2017 call matters. You would still be long this call once assignment of the short call was settled."}
{"_id": "166233", "title": "", "text": "I did some poking and found this: https://www.gsa.gov/policy-regulations/regulations/federal-management-regulation-fmr?asset=90778  The original article I used elsewhere in this thread was not correct. When I was involved with this personally it was around 2000 or so, it looks like they changed that policy sometime in the mid 2000's."}
{"_id": "166239", "title": "", "text": "A bank is putting money on the line for you when they loan you money, which is not something they have to do. Not telling them what you intend to do with the money they are giving you, when asked, is fraud, which if you are caught will put you into very deep trouble."}
{"_id": "166245", "title": "", "text": "\"It doesn't generally matter, and I'm not sure if it is in fact in use by the IRS other than for general statistics (like \"\"this year 20% of MFJ returns were with one spouse being a 'homemaker'\"\"). They may be able to try and match the occupation and the general levels and types of income, but for self-employed there's a more precise and reliable field on Schedule C and for employees they don't really need to do this since everything is reported on W2 anyway. So I don't think they even bother or give a lot of value to such a metric. So yes, I'm joining the non-authoritative \"\"doesn't matter\"\" crowd.\""}
{"_id": "166246", "title": "", "text": "\"I feel like it's borderline. Like if you just added a sprinkle of intelligence into each of those actions, you could look smart. For instance like the comment above talks about inverting the fraction \"\"So you're saying that 3 out of 4 people aren't clicking the button.\"\" You can guarantee some people are going to start debating that and pointing fingers, etc.\""}
{"_id": "166276", "title": "", "text": "-Get a job doing it.  -Try the CFA curriculum if you want the base financial knowledge - but only if you don't have that knowledge already.  -Check out coursera  -Try writing some pricing tools or trading algo, depending on what area you're interested in. The future is not options pricing, the future is in data aggregation and prediction.  Yes it's possible to learn if you have the mathematical foundation. It's really no as complicated as the world believes. Remember that most people go finance -&gt; math and find it hard whereas you're going math -&gt; finance."}
{"_id": "166307", "title": "", "text": "Depending on the day and even time, you'd get your $2 profit less the $5 commission. Jack's warning is correct, but more so for thinly traded options, either due to the options having little open interest or the stock not quite so popular. In your case you have a just-in-the-money strike for a highly traded stock near expiration. That makes for about the best liquidity one can ask for.  One warning is in order - Sometime friday afternoon, there will be a negative time premium. i.e. the bid might seem lower than in the money value. At exactly $110, why would I buy the option? Only if I can buy it, exercise, and sell the stock, all for a profit, even if just pennies."}
{"_id": "166309", "title": "", "text": "Same position as you, took it in December. I scored extremely well and got 8 requests for my resume. 2 were ops/hr related, 3 were really small HF's, 2 were mid sized prop trading firms. I had accepted a job a month prior, so I put no effort in in following up other than giving them access to my resume. Personally I really think I could've gotten interviews if I had immediately started networking with people in the company as soon as I got the resume requests.  The test is a bit of a combination between the GMAT/SAT/GRE and the CFA imo."}
{"_id": "166313", "title": "", "text": "Stock market Tends to follow the DJIA and FTSE, so unlikely to see an Australia-only crash, especially while resources are doing so well. If China's growth slows before other ailing sectors improve, a downturn becomes more likely and the potential severity of the downturn increases. Economy A huge question to which I would refer you to Steve Keen: http://www.debtdeflation.com/blogs/ See A Fork in the Road. Housing Market It's a bubble, stupid! Seriously, it's as though the Aussies waited for the US to get done and then simply borrowed the copy book. There are a multitude of articles out there about likely outcomes from where the housing market is and where it's going. See this for a sample of what's out there: http://blogs.forbes.com/greatspeculations/2010/07/26/aussie-housing-bubble-gets-popped-with-chinese-credit-crash/ Note: All three of the areas you raise - economy, stock mkt, housing - are so intertwined that it's tricky separating them out. A lot of reading on Steve Keen's site can help."}
{"_id": "166314", "title": "", "text": "Not long after college in my new job I bought a used car with payments, I have never done that since. I just don't like having a car payment. I have bought every car since then with cash. You should never borrow money to buy a car There are several things that come into play when buying a car. When you are shopping with cash you tend to be more conservative with your purchases look at this Study on Credit card purchases.   A Dunn & Bradstreet study found that people spend 12-18% more when using credit cards than when using cash. And McDonald's found that the average transaction rose from $4.50 to $7.00 when customers used plastic instead of cash.  I would bet you if you had $27,000 dollars cash in your hand you wouldn't buy that car. You'd find a better deal, and or a cheaper car. When you finance it, it just doesn't seem to hurt as bad. Even though it's worse because now you are paying interest.  A new car is just insanity unless you have a high net worth, at least seven figures. Your $27,000 car in 5 years will be worth about $6500. That's like striking a match to $340 dollars a month, you can't afford to lose that much money. Pay Cash If you lose your job, get hurt, or any number of things that can cost you money or reduce your income, it's no problem with a paid for car. They don't repo paid for cars. You have so much more flexibility when you don't have payments. You mention you have 10k in cash, and a $2000 a month positive cash flow. I would find a deal on a 8000 - 9000 car I would not buy from a dealer*. Sell the car you have put that money with the positive cash flow and every other dime you can get at your student loans and any other debt you have, keep renting cheap keep the college lifestyle (broke) until you are completely out of debt. Then I would save for a house.  Finally I would read this Dave Ramsey book, if I would have read this at your age, I would literally be a millionaire by now, I'm 37. *Don't buy from a dealer Find a private sale car that you can get a deal on, pay less than Kelly Blue Book. Pay a little money $50 - 75 to have an automotive technician to check it out for you and get a car fax, to make sure there are no major problems. I have worked in the automotive industry for 20 + years and you rarely get a good deal from a dealer. \u201cEverything popular is wrong.\u201d         Oscar Wilde"}
{"_id": "166321", "title": "", "text": "I know a software engineer that hated his Dilbertesque job (with no personal interaction he said), quit to go work at G.I. Joes and worked his way up to manager.  He was the head manager of a G.I. Joes store.  I worked at sports authority one Summer and there was a guy with a law degree working there.  If you apply to 50 retail jobs, there is a good chance that one will hire you and you will no longer be unemployed.  I'm not quite sure whether that is a hinderence or a help though in finding work in your specialty in the future.."}
{"_id": "166375", "title": "", "text": "Historically October has been the month when crashes happen hasn\u2019t it? I know not every crash has happened then but I think there\u2019s something about the September/October period that it\u2019s the part of the year where there\u2019s been the most down months and the months where a few crashes started (Great Depression and recession off the top of my head)"}
{"_id": "166393", "title": "", "text": "There are no contracts. They give subscribers money on MasterCard gift cards which the theaters have to accept if they accept MasterCard.   The theaters really don't have much of a choice, but they're getting paid full price for tickets, so they shouldn't complain."}
{"_id": "166394", "title": "", "text": "\"The answer to almost all questions of this type is to draw a diagram.  This will show you in graphical fashion the timing of all payments out and payments received.  Then, if all these payments are brought to the same date and set equal to each other (using the desired rate of return), the equation to be solved is generated. In this case, taking the start of the bond's life as the point of reference, the various amounts are: Pay out = X Received = a series of 15 annual payments of $70, the first coming in 1 year.  This can be brought to the reference date using the formula for the present value of an ordinary annuity. PLUS Received = A single payment of $1000, made 15 years in the future.  This can be brought to the reference date using the simple interest formula. Set the pay-out equal to the present value of the payments received and solve for X I am unaware of the difference, if any, between \"\"current rate\"\" and \"\"rate to maturity\"\" Finding the rate for such a series of payments would start out the same as above, but solving the resulting equation for the interest rate would be a daunting task...\""}
{"_id": "166400", "title": "", "text": "This is all somewhat true. The likely scenario was that those transactions were flagged in the banks suspicious activity monitoring system for potential layering activity and they may have filed a suspicious activity report with FinCEN and may have a policy to close accounts with suspicious activity."}
{"_id": "166412", "title": "", "text": "\"Quantitative Easing Explained: http://www.npr.org/blogs/money/2010/10/07/130408926/quantitative-easing-explained The short of it is that you're right; the Fed (or another country's Central Bank) is basically creating a large amount of new money, which it then injects into the economy by buying government and institutional debt. This is, in fact, one of the main jobs of the central bank for a currency; to manage the money supply, which in most fiat systems involves slowly increasing the amount of money to keep the economy growing (if there isn't enough money moving around in the economy it's reflected in a slowdown in GDP growth), while controlling inflation (the devaluation of a unit of currency with respect to most or all things that unit will buy including other currencies). Inflation's primary cause is defined quite simply as \"\"too many dollars chasing too few goods\"\". When demand is low for cash (because you have a lot of it) while demand for goods is high, the suppliers of those goods will increase their price for the goods (because people are willing to pay that higher price) and will also produce more. With quantitative easing, the central bank is increasing the money supply by several percentage points of GDP, much higher than is normally needed. This normally would cause the two things you mentioned: Inflation - inflation's primary cause is \"\"too many dollars chasing too few goods\"\"; when money is easy to get and various types of goods and services are not, people \"\"bid up\"\" the price on these things to get them (this usually happens when sellers see high demand for a product and increase the price to take advantage and to prevent a shortage). This often happens across the board in a situation like this, but there are certain key drivers that can cause other prices to increase (things like the price of oil, which affects transportation costs and thus the price to have anything shipped anywhere, whether it be the raw materials you need or the finished product you're selling). With the injection of so much money into the economy, rampant inflation would normally be the result. However, there are other variables at play in this particular situation. Chief among them is that no matter how much cash is in the economy, most of it is being sat on, in the form of cash or other \"\"safe havens\"\" like durable commodities (gold) and T-debt. So, most of the money the Fed is injecting into the economy is not chasing goods; it's repaying debt, replenishing savings and generally being hoarded by consumers and institutions as a hedge against the poor economy. In addition, despite how many dollars are in the economy right now, those dollars are in high demand all around the world to buy Treasury debt (one of the biggest safe havens in the global market right now, so much so that buying T-debt is considered \"\"saving\"\"). This is why the yields on Treasury bonds and notes are at historic lows; it's bad everywhere, and U.S. Government debt is one of the surest things in the world market, especially now that Euro-bonds have become suspect. Currency Devaluation - This is basically specialized inflation; when there are more dollars in the market than people want to have in order to use to buy our goods and services, demand for our currency (the medium of trade for our goods and services) drops, and it takes fewer Euros, Yen or Yuan to buy a dollar. This can happen even if demand for our dollars inside our own borders is high, and is generally a function of our trade situation; if we're buying more from other countries than they are from us, then our dollars are flooding the currency exchange markets and thus become cheaper because they're easy to get. Again, there are other variables at play here that keep our currency strong. First off, again, it's bad everywhere; nobody's buying anything from anyone (relatively speaking) and so the relative trade deficits aren't moving much. In addition, devaluation without inflation is self-stablizing; if currency devalues but inflation is low, the cheaper currency makes the things that currency can buy cheaper, which encourages people to buy them. At the same time, the more expensive foreign currency increases the cost in dollars of foreign-made goods. All of this can be beneficial from a money policy standpoint; devaluation makes American goods cheaper to Americans and to foreign consumers alike than foreign goods, and so a policy that puts downward pressure on the dollar but doesn't make inflation a risk can help American manufacturing and other producer businesses. China knows this just as well as we do, and for decades has been artificially fixing the exchange rate of the Renmin B (Yuan) lower than its true value against the dollar, meaning that no matter how cheap American goods get on the world market, Chinese goods are still cheaper, because by definition the Yuan has greater purchasing power for the same cost in dollars. In addition, dollars aren't only used to buy American-made goods and services. The U.S. has positioned its currency over the years to be an international medium of trade for several key commodities (like oil), and the primary currency for global lenders like the IMF and the World Bank. That means that dollars become necessary to buy these things, and are received from and must be repaid to these institutions, and thus the dollar has a built-in demand pretty much regardless of our trade deficits.  On top of all that, a lot of countries base their own currencies on our dollar, by basically buying dollars (using other valuable media like gold or oil) and then holding that cash in their own central banks as the store of value backing their own paper money. This is called a \"\"dollar board\"\". Their money becomes worth a particular fraction of a dollar by definition, and that relationship is very precisely controllable; with 10 billion dollars in the vault, and 20 billion Kabukis issued from Kabukistan's central bank, a Kabuki is worth $.50. Print an additional 20 billion Kabuki and the value of one Kabuki decreases to $.25; buy an additional 10 billion dollars and the Kabuki's value increases again to $.50. Quite a few countries do this, mostly in South America, again creating a built-in demand for U.S. dollars and also tying the U.S. dollar to the value of the exports of that country. If Kabukistan's goods become highly demanded by Europe, and its currency increases relative to the dollar, then the U.S. dollar gets a boost because by definition it is worth an exact, fixed number of Kabukis (and also because a country with a dollar board typically has no problem accepting dollars as payment and then printing Kabukis to maintain the exchange rate)\""}
{"_id": "166426", "title": "", "text": "\"I'm an attorney so you'll have to trust me when I say that anything can make it to court. Especially if the people threatening litigation have the resources to pursue any claim, no matter how weak it is.   Yes, the small business may win a motion to dismiss, but by that point you've shelled out a decent percentage of your profit on legal fees to draft and file a motion to dismiss.   And if you end up with a judge who isn't that familiar with IP law, he may not even grant the MTD, and you'd end up shelling out more money for either a summary judgment motion or a full on trial. You may eventually win on appeal, but by then you've spent a small fortune, far and above anything you would have made in profits.   Then there's also the question of whether they actually *have* a real legal claim. I'm not an IP lawyer, so can't say for sure. But given that we live in a world where someone can trademark the phrase \"\"You're Fired\"\", I wouldn't be surprised if certain jurisdictions would decide that this suit design is associated with the fighter's brand. And if they do, then they would lose on appeal too.\""}
{"_id": "166431", "title": "", "text": "Its not just late fees. The fees for going over your credit limit are exorbitant. To make things worse, they will rearrange the transactions you make during a day so that they can charge you more by making more of them fail."}
{"_id": "166441", "title": "", "text": "\"Your bank is maintaining different states for transactions, and changing the state depending on real-world events and the passage of time. withdraw \u20ac100 from my bank account on 30 September [\u2026] my bank does not process the transaction until 2 October. The bank probably have that transaction marked as \u201cpending\u201d on 30 September, and \u201ccleared\u201d on 2 October. transfer \u20ac100 from Bank A to Bank B, Bank A's statement dates the transaction on 20 September, but Bank B dates it as coming in on 22 September. Similarly, bank A will have the transaction marked as \u201cpending\u201d initially. Bank B won't have a corresponding transaction at all, until later; they'll have it \u201cpending\u201d too, until they confirm the transfer. Then (probably at different times from each other) the banks will each mark the corresponding transactions \u201ccleared\u201d. The bookkeeping software that I use doesn't seem to allow for this \"\"transfer time\"\" between accounts. When I enter a transfer from one account to another, they both have to have the same date. You may want to learn about different bases of accounting. The simpler option is \u201ccash-based\u201d accounting. The simplification comes from assuming transactions take no time to transfer from one account to another, and are instantly available after that. Your book-keeping software probably books using this simpler basis for your personal finances. The more complex \u201caccrual-based\u201d accounting tracks each individual transaction through multiple states \u2013 \u201cpending\u201d, \u201ctransfer\u201d, \u201ccleared\u201d, etc. \u2013 with state changes at different times \u2013 time of trade, time of settlement, etc. \u2013 to more accurately reflect the real world agreements between parties, and different availability of the money to each party. So if your book-keeping program uses \u201ccash basis\u201d, you'll need to pick which inaccuracy you want: book the transfer when you did it, or book the transfer when the money is available at the other end.\""}
{"_id": "166442", "title": "", "text": "Because people are going deeper into debt and filing for bankruptcy more often, there is more risk on behalf of the credit company.  Therefore, they limit their risk by lower limits and increasing interest. For every person that goes bankrupt, there might be 10 that pay that new higher interest rate, thereby netting a profit even though they lost out completely on the one customer. The recent legislation limited how and under what circumstance rate are adjusted and raised, but not forbidden. As for the fact that these banks took tax money under the idea (we all thought) I see two points of view. We never should have had the credit we did, so they are correcting and you (like me and millions of others) are suffering for their prior mistakes.  It is an honest attempt to correct the system for long term stability even if we suffer in the short term. We gave them tax money, they need to not screw us over.  In response to the still frozen credit markets I would suggest penalty taxes to companies that do not lend. Penalties to companies that do not modify mortgages.  The second you take government money is the last second a you are entitled to a profit of anything.  Furthermore, we the people bought you and we the people get to decide your salary. The bottom line is there is truth in both statements.  Things are totally screwed up right now because we ALL made mistakes in the past trying to get a bigger profit or own a bigger house.  There are those among us who didn't make a mistake, and those among us who made nothing but mistakes.  As a society, we have to pay the piper either way. The best thing you can do now is pay down your debts, live simply and spend your money wisely."}
{"_id": "166448", "title": "", "text": "\"The failure of the Facebook IPO has everything to do with public access to markets. It certainly was overvalued at issue and there were a host of other problems as well but, the main issue that has caused the problem is that there were too many \"\"Armchair Analysts\"\" in on it. Less sofisiticated investors got in on Facebook at $38+ because they liked Facebook and everyone they knew liked Facebook. By and large they couldn't read a balance sheet or describe how the firm made money. As such as soon as it began to decline they sold without regard for the loss. Very few if any professionals actually baught it at launch and more than One pro shorted the position and cleaned up. I find it humorous that while most people would never think of trying to buy a house withotu a realtor they are perfectly happy buying thier own stocks without professional advice. Say what you want about the finance industry but, for the VAST majority of people having an advisor is a far smarter option.\""}
{"_id": "166467", "title": "", "text": "The CNBC site is littered with videos. Whenever I click a link to one of their articles, it seems to be a video instead. Not like having the channel streamed, but most of the top stories."}
{"_id": "166479", "title": "", "text": "Would a rose smell as sweet if you called it a stench blossom? Excerpt on gifts from an LBMC article: The payment must be in the nature of \u201csomething for nothing.\u201d It is   not a gift if the payment is a reward for services rendered. With   regard to payments made by an individual to a service provider, it is   difficult to argue that such payments constitute gifts, even when the   amounts are paid at the holidays. You can pretend it's a gift, but if you got it at your place of work after performing a service for the patron, it's a tip."}
{"_id": "166487", "title": "", "text": "These bids are always up to the judgement of the Public Utilities Commission of Texas, and one of their bigger hangups over the NextEra bid was that NextEra essentially wanted almost complete control of Oncor.   Berkshire Hathaway's bid includes keeping Oncor's board and allowing Oncor to operate itself, so the thought is that the PUC will be more in favor of that."}
{"_id": "166490", "title": "", "text": "&gt; this tech boom is different  I remember hearing that so often last time, lol.   There is a lot of consolidation among the big 4 or 5. Amazon for example doesn't turn a profit, or give dividends. so you buy it for growth. after amazon eats the grocery sector few options are left. the remaining consumer sectors are smaller and either already being consumed by very entrenched rivals (media) or already being eaten by amazon(consumer goods). I don't see an easy next move for them. real estate? health care? other countries?"}
{"_id": "166495", "title": "", "text": "Edited to add an important one that I forgot, because I don't have a TV myself. You need to: That's really about it, unless you're employing people or running a business turning over more than \u00a381,000 per year (or doing one of a number of relatively unlikely things that require specific paperwork, such as owning a horse or farm animal (but not a dog or cat or similar)). It's not a bureaucratic country. None of those things except the driving licence/car tax/MOT test/car insurance will be a police matter if omitted, but you could be fined for them (although it's vanishingly unlikely that you'd be fined for not registering to vote and for jury service). You don't need to understand the law before being on a jury, because it's the judge's job to ensure that the jury understand the law as it relates to the case in front of them. A few pieces of paperwork jargon for you:"}
{"_id": "166497", "title": "", "text": "\"Aren't member states doing that already? I understood every European state already pays to the central EU \"\"government\"\" (or whatever the exact term is), and that indeed for some states already pay more than they receive.  Ultimately though, I can't help but think something similar must already happen within the country as well. Without a doubt there will be richer and poorer regions in Germany. Maybe Frankfurt is quite rich and the southern part is poor? But does that mean Frankfurt should become an independent country, or does it mean people from Frankfurt aren't proud to have the rest of the country as a part of Germany?\""}
{"_id": "166522", "title": "", "text": "\"I had about $16k in student loans. I defaulted on the loans, and they got  > passed to a collection type agency (OSCEOLA).  These guys are as legitimate as a collection agency can be. One thing that I feel is very sketchy is when they were verifying my identity they said \"\"Does your Social Security Number end in ####. Is your Birthday Month/Day/Year.\"\"  That is not sketchy. It would be sketchy for a caller to ask you to give that information; that's a common scheme for identity theft. OSCEOLA are following the rules on this one. My mom suggested I should consider applying for bankruptcy Won't help. Student loans can't be discharged in bankruptcy. You have the bankruptcy \"\"reform\"\" act passed during the Bush 43 regime for that. The loan itself is from school. What school? Contact them and ask for help. They may have washed their hands of your case when they turned over your file to OSCEOLA. Then again, they may not. It's worth finding out.   Also, name and shame the school. Future applicants should be warned that they will do this.  What can I do to aid in my negotiations with this company? Don't negotiate on the phone. You've discovered that they won't honor such negotiations. Ask for written communications sent by postal mail. Keep copies of everything, including both sides of the canceled checks you use to make payments (during the six months and in the future). Keep making the payments you agreed to in the conversation six months ago. Do not, EVER, ignore a letter from them. Do not, EVER, skip going to court if they send you a summons to appear. They count on people doing this. They can get a default judgement if you don't show up. Then you're well and truly screwed. What do you want? You want the $4K fee removed. If you want something else, figure out  what it is. Here's what to do: Write them a polite letter explaining what you said here. Recount the conversation you had with their telephone agent where they said they would remove the $4K fee if you made payments.  Recount the later conversation. If possible give the dates of both conversations and the names of the both agents.   Explain the situation completely. Don't assume the recipient of your letter knows anything about your case. Include evidence that you made payments as agreed during the six months. If you were late or something, don't withhold that.  Ask them to remove the extra $4K from your account, and ask for whatever else you want. Send the letter to them with a return receipt requested, or even registered mail. That will prevent them from claiming they didn't get it. And it will show them you're serious. Write a cover letter admitting your default, saying you relied on their negotiation to set things straight, and saying you're dismayed they aren't sticking to their word. The cover letter should ask for help sorting this out. Send copies of the letter with the cover letter to: Be sure to mark your letter to OSCEOLA \"\"cc\"\" all these folks, so they know you are asking for help. It can't hurt to call your congressional representative's office and ask to whom you should send the letter, and then address it by name. This is called Constituent Service, and they take pride in it. If you send this letter with copies you're letting them know you intend to fight.  The collection agency may decide it's not worth the fight to get the $4K and decide to let it go.   Again, if they call to pressure you, say you'd rather communicate in writing, and that they are not to call you by telephone. Then hang up.  Should I hire a lawyer?  Yes, but only if you get a court summons or if you don't get anywhere with this. You can give the lawyer all this paperwork I've suggested here, and it will help her come up to speed on your case. This is the kind of stuff the lawyer would do for you at well over $100 per hour. Is bankruptcy really an option Certainly not, unfortunately. Never forget that student lenders and their collection agencies are dangerous and clever predators. You are their lawful prey. They look at you, lick their chops, and think, \"\"food.\"\" Watch John Oliver's takedown of that industry.  https://www.youtube.com/watch?v=hxUAntt1z2c Good luck and stay safe.\""}
{"_id": "166531", "title": "", "text": "I would suggest, both as an investor and as someone who has some experience with a family-run trust (not my own), that this is probably not something you should get involved with, unless the money is money you're not worried about - money that otherwise would turn into trips to the movies or something like that.  If you're willing to treat it as such, then I'd say go for it. First off, this is not a short or medium term investment.  This sort of thing will not be profitable right away, and it will take quite a few years to become profitable to the point that you could take money out of it - if ever.  Your money will be effectively, if not actually, locked up for years, and be nearly entirely illiquid. Second, it's not necessarily a good investment even considering that.  Real estate is something people tend to feel like it should be an amazing investment that just makes you money, and is better than risky things like the stock market; except it's really not.  It's quite risky, vulnerable to things like the 2008 crash, but also to things like a local market being a bit down, or having several months with no renter.   The amount your fund will have in it (at most $100x15/month) won't be enough to buy even one property for years ($1500/month means you're looking at what, 100-150 months before you have enough?), and as such won't have enough to buy multiple properties for even longer, which is where you reach some stability.  Having a washing machine break down or a roof leak is a big deal when you only have one property to manage; having five or six properties spreads out the risk significantly. You won't get tax breaks from this, of course, and that's where the real issue is for you.  You would be far better off putting your money in a Roth IRA (or a regular IRA, but based on your career choice and current income, I'd strongly consider a Roth).  You'll get tax free growth, less risky than this fund AND probably faster growing - but regardless of both of those, tax free.  That 15-25% that Uncle Sam is giving you back is a huge, huge deal, greater than any return a fund is going to give you (and if they promise that high, run far and fast). Finally, as someone who's watched a family trust work at managing itself - it's a huge, huge headache, and not something I'd recommend at least (unless it comes with money, in which case it's of course a different story).  You won't agree on investments, inevitably, and you'll end up spending huge amounts of time trying to convince each other to go with your idea - and it will likely end up being fairly stagnant and conservative, because that's what everyone will be able to at least not object to. It might be something you all enjoy doing, in which case good luck - but definitely not my cup of tea."}
{"_id": "166556", "title": "", "text": "\"Your argument comes down to \"\"he is presumed guilty until proven innocent\"\", a common injustice found in many authoritarian dictatorships and theocracies throughout history.    Your argument seems based on the assumption that M. Armstrong is guilty without a requirement for any evidence that he did anything.    I reject your 'guilty until proven innocent' as ethically bankrupt.\""}
{"_id": "166563", "title": "", "text": "&gt;*The budget deficit in the U.S. this year will be wider than predicted four months ago as weaker-than-expected economic growth in the first half hurt tax revenue, the Congressional Budget Office said.*  &gt;*The projected shortfall will be $506 billion in the 12 months ending Sept. 30, compared with an April prediction for $492 billion, the nonpartisan CBO said today in a report. That would be 2.9 percent of gross domestic product, the smallest since 2007 as a share of the economy, compared with a gap of $680 billion, or 4.1 percent of GDP, last fiscal year, it said.*  Cross-post from /r/MAConservative"}
{"_id": "166567", "title": "", "text": "\"The mortgage tax deduction can at most apply to two mortgages. IRS Publication 936 lays this out pretty clearly. There might be other deductions available if you are using the houses as a commercial entity, but that's more \"\"corporate taxes\"\" than \"\"personal taxes\"\". I know there are tax laws for dealing with interest, depreciation, capital expenses that businesses use.\""}
{"_id": "166579", "title": "", "text": "This makes a lot of sense. So yeah you can\u2019t cheat the FTC anymore but users also can\u2019t cheat you anymore. Essentially that\u2019s what you\u2019re saying right? Also I say \u201cyou\u201d  meaning dishonest marketers of which the world is full of. I wasn\u2019t accusing you of being dishonest. I used to work for a company that made apps and we did all of our marketing on Instagram because it was the only thing that had a return on investment. It was dishonest but from the numbers it was literally the only thing that worked for what we could afford as an app development start up because app development certainly isn\u2019t cheap or fast."}
{"_id": "166597", "title": "", "text": "Options are contractual instruments. Most options you'll run into are contracts which allow you to buy or sell stock at a given price at some time in the future, if you feel like it (it gives you the option). These are Call and Put options, respectively (for buying the stock and selling the stock). If you have a lot of money in an index fund ETF, you may be able to protect your portfolio against a market decline by (e.g.) buying Put options against the ETF for a substantially lower price than the index fund currently trades at. If the market crashes and your fund falls in value significantly, you can exercise the options, selling the fund at the price that your option has specified (to the counter-party of your contract). This is the risk that the option mitigates against. Even if you don't have one particular fund with your investments, you could still buy a put option on a similar fund, and resell it to another person in lieu of exercise (they would be capable of buying the stock and performing the exercise themselves for profit if necessary). In general, if you are buying an option for safety, it should be an option either on something you own, or something whose price behavior will mimic something you own. You will note that options are linked to the price of stocks. Futures are contracts whose values are linked to the price of other things, typically commodities such as oil, gold, or orange juice. Their behaviors may diverge. With an option you can have a contractual guarantee on the exact investment you're trying to protect. (Additionally, many commodities' value may fall at the same time that stock investments fall: during economic contractions which reduce industrial activity, resulting in lower profits for firms and less demand for commodities.) You may also note that there are other structures that options may have - PUT options on index funds or similar instruments are probably most specifically relevant to your interests. The downside of protecting yourself with options is that it costs money to buy this option, and the option eventually expires, so you may lose money. Essentially, you are buying safety and risk-tolerance from the option contract's counterparty, and safety is not free. I cannot inform you what level of safety is appropriate for your portfolio's needs, but more safety is more expensive."}
{"_id": "166600", "title": "", "text": "So a interesting note is that this doesn't seem to take into account cost of living arbitrage OR investments. The reason it's so good to make that money isn't so you can spend it on sports cars and cheap (read: expensive) women. If you invest you can put away like 50k/year, which will probably net you at least 5% return per year (more if you're risky) . So you make 100k for like 5 years, put away 250k and get like 20k from doing nothing."}
{"_id": "166625", "title": "", "text": "&gt;so I am unsure of whether or not re-selling other supplier\u2019s inventory without their consent is legal  You shouldn't wait to find out after you start making sales.  &gt;Is using generic names for sale a workaround for selling inventory without their consent?  That sounds like an issue concerning skirting around unauthorized resale of merchandise issues.  If you're concerned that buying a company's product from a Canadian distributor might not be authorized for resale in the United States, you should first ask the reseller and then ask the Company if not provided with a satisfactory answer. *Not* getting that answer beforehand could be disastrous.  Generally speaking however, let's assume you've got your logistics figured out. You need to find a specialized need in the market that bigger suppliers can't meet. If Staples is selling bulk plain/recyclable paper to get people in the door\u2014you're never going to compete with them. You have to look for areas where companies like that can't compete. For example, a Martin Luther King Jr. Day themed line of stationary would be something you'd never find at Staples, but some people would buy in a heart beat. The trick is to find the *biggest* types of these ignored segments of buyers not addressed by larger players\u2014and start inching your way into the market.   First step is to find your niche(s) and supply. This will probably be a balancing act, in that many suppliers will could give you good rates but not have the products you need. The second step, if you're selling online, is to develop effective digital marketing strategy to target your niche's keywords."}
{"_id": "166626", "title": "", "text": "\"Very different statement. \"\"There's an asset bubble/opacity in Chinese real estate and equities\"\" is a BIT different from \"\"I never trust anything coming out of China. They're all smoke and mirrors.\"\"  China has, in fact, had rapid economic growth for decades. The fact that you are a student makes me suspect you've been taught laissez-faire ideology rather than a more historically-grounded economic analysis that includes the role of things like infrastructure projects in economic growth (the primary driver of China's boom).\""}
{"_id": "166627", "title": "", "text": "That is an opinion.  I don't think so.  Here are some differences: If you use credit responsibly and take the time to make sure the reporting agencies are being accurate, a good report can benefit you.  So that isn't like a criminal record. What is also important to know is that in the United States, a credit report is about you, not for you.  You are the product being sold.  This is, in my opinion, and unfortunate situation but it is what it is.  You will more than likely benefit for keeping a good report, even if you never use credit. There are many credit scores that can be calculated from your report; the score is just a number used to compare and evaluate you on a common set of criteria. If you think about it, that doesn't make sense.  The score is a reflection of how you use credit.  Having and using credit is a commitment.  Your are committing to the lender that you will repay them as agreed. Your choice is who you decide to make agreements with.  I personally find the business practices of my local credit union to be more palatable than the business practices of the national bank I was with.  I chose to use credit provided by the credit union rather than by the bank.  I am careful about where I take auto loans from, and to what extent I can control it, where I take home loans from. Since it is absolutely a commitment, you are personally responsible for making sure that you like who you are making commitments with."}
{"_id": "166630", "title": "", "text": "Every day we look modern technology in being introduced in this modern world. [Cloud Computing]( http://coredesktop.com/) is also one the best forms of technology which is being used by us. This technology has modernized the working functionality of any business enterprise. There is no doubt, that cloud computing has made a huge impact on businesses. It has made an increase in efficiency that services can be utilized abruptly compare to classical techniques takes weeks and months.   Cloud Computing has given a unique feature of Flexibility. Different businesses have fluctuating bandwidth demands. Now with the help of Cloud, it\u2019s easy to scale up your cloud capacity or reduce if required.  Document control, Data Security, Disaster recovery, Work from anywhere are some of the benefits for the businesses who are using Cloud computing as a service."}
{"_id": "166648", "title": "", "text": "Unions can go away or be switched.  It has to be done with a vote just as establishing one does.  However, the rub is that these votes only come about if the membership wants it to begin with.  You can bet that the union itself would discourage it.  This makes it unlikely.  Switching to another union (state or national leadership) would work the same way.  Hiring a worker that doesn't want to be in a union is fine.  Using that as a discriminator is the problem.  Their decision to be in the union comes after they are hired, not before.  I am not sure on all the legal stuff, but you cannot go out with the intention of hiring only people who will stay out of the union."}
{"_id": "166667", "title": "", "text": "&gt;Not one of the components I listed did GM manufacture in the 1970s. Sure, if you were to look today, that list would be even greater including things like entire door assemblies, entire instrument clusters, even entire engines, but even in 1970 a huge amount of components were purchased rather than made.  Nor did I list the manufacturers of the BOXES that iPads are packaged in. (Nor the petroleum mining and refining that lead to the plastics used to mold the cases, wrap the wires, and shrinkwrap the boxes).  &gt;I'm not sure that this won't happen. If it does it'll create a much different society as we suddenly can't afford all the crap that we've become accustomed to. I think it's equally likely that the equities market and the huge profits created in the financial industry and tech industries, along with the dollar being the world's only reserve currency will prop up the dollar and give rise to the bipolar society of which I describe.  Highly doubtful.  Such EXTREME bipolar societies are VERY unstable."}
{"_id": "166669", "title": "", "text": "At least these people are looking for extra money by putting something into the system instead of just begging for dollars by the side of the road.   These situations make me sad because we don't want people who can't work to starve and we do need disability payments. On the other hand, we seem to have found a way to discourage people from doing even what they can do and this can't be the right way to handle things."}
{"_id": "166720", "title": "", "text": "Thanks for the nice words. I do work in research actually, but I think there are a lots of people who would be a better AMA.  As far an intelligent policy, it really is simple. The people that have been in power have decided that not enforcing the law is better off for their prized constituents than enforcing it. The Democrats liked the illegals that became their voter base, the Republicans liked the cheap labor they provided to their corporate doners.   They have now wrapped all this in social justice nonsense so being practical is now akin to being racist. The solution is simply to enforce the existing laws."}
{"_id": "166721", "title": "", "text": "\"Banks don't generally \"\"Post\"\" transactions on Friday-Sunday, meaning any transfers made on those days don't show up until someone processes it on Monday. I would expect the money to show today, and call your bank tomorrow if it doesn't.\""}
{"_id": "166754", "title": "", "text": "\"&gt;That would be great ... if there were an objective and impartial standard for \"\"worth to society\"\". But there isn't, and so the price system (if uncorrupted by coercion) works beautifully. You don't have to decide if he's \"\"contributing to society\"\", you just decide if you want to buy his good at his price.   But now you haven't answered the question, you've changed the question.\""}
{"_id": "166756", "title": "", "text": "In outdoor settings, stainless steel balustrades are washed off clean by the rains leading to almost zero maintenance.The polished look of Steel Balustrades gives your home a sleek and stylish appearance. They are a practical option when it comes to the safety of the users due to their strength and durability. Solid stainless steel is heavy and may be difficult to install but tubular stainless steel makes the balustrade lightweight and easier to handle."}
{"_id": "166780", "title": "", "text": "The success of any business or company lies in its well-established organization structure. Just as a building requires proper construction to stand still for a long time, a proper structure is required for an organization to work effectively.  Here are some of the methodologies in which you can structure your business.  1. Chain of command Depending on the size of your organization, you can either build a long chain of command or a short chain of command. Chain of command refers to who you should report to within your organization.  2. Span of Control This is a basic element in an organization structure. It refers to how many subordinates can a higher authority person handle. For example, a CEO can handle 4 persons under him and then these 4 persons can further handle a specific amount of subordinates under them. This is referred to as a wide span of control. On the contrary, there is a narrow span of control also.   3. Centralization In centralization process, the decision-making power is focused at a single point. This is beneficiary for an organization to work effectively when compared to decentralization.  4. Specialization Again you can divide it into two categories. Employees working under high specialization get the benefit of mastering over a particular aspect. While those working under low specialization get the chance to explore every area but they can\u2019t master their skills in a specific area. 5. Departmentalization If a company follows rigid departmentalization then there might be least or no interaction between different teams. Opposite to this, loose departmentalization provides the benefit of interaction and collaboration between different teams.  If you think that these things won\u2019t work out or you need to have a detailed study on this subject, then you can feel free to seek the help of [Business Coaching] (https://www.getdrona.com/business-coaching/)."}
{"_id": "166792", "title": "", "text": "\"In most cases, if you are a member of the class the law-firm will contact you via postal mail to notify you of the class action and give you an opportunity to opt-in or opt-out of participating in any settlement that happens.  More often than not, they take the opt-out approach, meaning that if you don't say you want out of the class it is assumed that you agree with the complaints as defined in the class action and would like to receive your portion of the money if there is a settlement.  If you haven't gotten such a letter and you think you should have, it is a good idea to contact the law firm. How do you find the law firm? Usually some Googling on \"\"class action\"\" and the name of the defendant company will get you there. Also, check the legal section of the classifieds of the local newspaper, they sometimes advertise them there.  Typically they aren't hard to find because it is in the law firm's best interest to have everyone sign on to their class action for a number of reasons including: If you have a lot of people who are supposedly aggrieved, it makes the defendant look more likely to be guilty, and more participants can equate to higher settlement amounts (for which the law firm gets a percentage). That is why you see non-stop ads on daytime TV for lawyers marketing class action cases and looking for people who took this drug, or had that hip implant. Once a settlement occurs and you are a member of that class, there are a number of ways you might get your piece including: - A credit to your account. - A check in the mail. - A coupon or some other consideration for your damages (lame) - A promise that they will stop doing the bad thing and maybe some changes (in your favor) on the terms of your account. A final note: Don't get your hopes up. The lawyers are usually the only ones who make any substantial money from these things, not the class members. I've been paid settlements from lots of these things and it is rare for it to be more than $25, but the time the spoils are divided. I've gotten NUMEROUS settlements where my share was less than a dollar. There are some decent resources on ClassAction.com, but beware that although the site has some good information, it is primarily just an ad for a lawfirm. Also, note that I am not affiliated with that site nor can I vouch for any information contained there. They are not an impartial source, so understand that when reading anything on there.\""}
{"_id": "166795", "title": "", "text": "\"They have lots n' lots of cash. Like billions.  My guess is once they reach the \"\"plateau\"\" they will realize they are stagnating and will shift strategies into buying popular micro-brews and specialty beer companies to capture more of what they think of now as the \"\"niche\"\" market.\""}
{"_id": "166816", "title": "", "text": "\"The [BBC article](http://www.bbc.com/news/business-40338220?ns_mchannel=social&amp;ns_campaign=bbc_breaking&amp;ns_source=twitter&amp;ns_linkname=news_central) is rather better on this topic:  &gt;The first charge, conspiracy to commit fraud, relates to \"\"advisory\"\" fees paid to Qatar. The second - \"\"unlawful assistance\"\" - could be more serious.  &gt;It relates to a \u00a32bn loan advanced to Qatar after the fundraisings were negotiated, the implication being that there was a money-go-round at work - Barclays was handing Qatar some of the money it was using to support the British bank.\""}
{"_id": "166818", "title": "", "text": "I used to work at a record keeping company, and while we worked with plan administrators through transitions in investment offerings, we never actually worked through a forced sale.  From what I recall I thought that was illegal, and that all the administrator can do is stop offering the investment (i.e. no new buy ins), but people who still have their money in it can either continue to hold or sell."}
{"_id": "166821", "title": "", "text": "\"Both? Munny (eastwood) is killing bill 'cause bill tortured and killed his best friend. The \"\"deserved got nothing to do with it\"\" line is because he himself used to be a bandit and a murderer and feels like he just as likely deserves to die as the man he is killing, but that entire movie is about violent retributive justice.  Least that's my interpretation of it.  Oh yeah, and the guy who made unforgiven also made \"\"The day after trinity\"\" which is a bit slow paced, but is also one of the single most intense portraits of well intentioned human destruction I have ever seen. They interview all these physicists and engineers who built the A-Bomb and then flew to hiroshima and walked around seeing the realization of their work. They go full 1000 yard stare and just sort of lose it a little. It's worth seeing.\""}
{"_id": "166826", "title": "", "text": "\"It's never too early to start estate planning, and if you already have a family, getting your personal affairs in order is a must. The sooner you start planning, the more prepared you will be for life's unexpected twists and turns.  The following tips, aimed at those under 40, can help you approach and simplify the estate planning process:  Start now, regardless of net worth. [Estate planning](http://money.usnews.com/money/personal-finance/articles/2013/09/19/estate-planning-tips-for-people-under-40) is a crucial process for everyone, regardless of wealth level, says Marc Henn, a certified financial planner and president of Harvest Financial Advisors. \"\"Many people will say, 'Well, I don't have a lot of assets, therefore I don't need an estate plan,'\"\" he says. \"\"Maybe you only have debt, but it still applies. If you want the people around you to appropriately deal with your finances, a plan is still just as important.\"\"  This is especially true if you are responsible for financially dependent individuals, such as young children. \"\"The less you have, the more important every bit you've got is to you and the people you care about,\"\" says Lawrence Lehmann, a partner at Lehmann, Norman and Marcus L.C. in New Orleans. \"\"If you don't have much money, you really can't afford to make a mistake.\"\"  Have the \"\"what if?\"\" conversation with friends and family. Before jumping into the estate planning process, it's important to establish exactly what you want, and need, to happen after you die and relay those wishes to those around you.  \"\"We find that the best transitions and financial transfers happen when all family members are involved in the [decision making](http://corlisslawgroup.com),\"\" says John Sweeney, executive vice president of retirement and investing strategies at Fidelity Investments. \"\"This way, after a loved one is gone, no one is squabbling over a couch or going, 'Why did person A get more than person B?' If wishes are laid out clearly while the individual is living, they can share the rationale behind the decisions.\"\"  Focus on the basic estate plan components. Experts say life insurance, a will, a living will and a durable power of attorney are all important aspects of an estate plan that should be established at the start of the planning process.  In the event of an untimely death, life insurance can replace lost earnings, which can be especially beneficial for younger individuals, says Bill Kirchick, a partner with Bingham McCutchen law firm in Boston. \"\"Young people can't afford to die,\"\" he says. \"\"They are going to lose a source of income if something happens to a young couple and they haven't had enough time to accumulate wealth from earnings to put aside in savings or a retirement plan.\"\" Also, the earlier you take out a life insurance policy, the more likely you are to be approved for reduced rates compared to older individuals.  Utilize estate planning professionals. To draft these basic estate plans, experts recommend carefully selecting a team of professionals who will educate you and draft what you need based on your individual situation. \"\"Don't feel like you have to jump at the first person whose name is given to you,\"\" Kirchick says. \"\"I think that people should interview two or more attorneys, accountants, trust officers, financial advisors and so on.\"\"  According to financial planning experts, the average initial cost for the legal drafting of a will, living will and durable power of attorney documentation is between $500 and $1,200, depending on the family size and location.  Continue to review your plan over time. Finally, your estate plan should never be a \"\"one and done thing,\"\" according to Henn. \"\"Every five to seven years, the documents should be readdressed to adapt to significant life events, tax law changes or even the addition of more children,\"\" he says. It is also important to keep tabs on your insurance policies and investments, as they all tie into the estate plan and can fluctuate based on the economic environment. If you have to make revisions, Henn says it will cost as much as it did to create the documents in the first place.\""}
{"_id": "166844", "title": "", "text": "The program placed orders in 25-millisecond bursts involving about 500 stocks, according to Nanex, a market data firm. The algorithm never executed a single trade, and it abruptly ended at about 10:30 a.m. ET Friday.  So it changed its mind every single time?  That's either a bug or it's front running.  I think it's front running no matter how you look at it.    If I ran the SEC, I'd put in place a rule that says all orders must stand for 2 seconds before they can be cancelled.  That's enough time for humans to react in the market.  This 25 ms for 500 stocks is nonsense.  That's just front running to defraud real investors and make money on very small differences in price millions of times a day.  It distorts the markets and does no good for anyone except the brokerage that is running the scam."}
{"_id": "166854", "title": "", "text": "This all happens at once and quickly. Not in order.  So the HFT floods the exchange with orders. This is independent of anything. They would be doing this no matter what. Simply in anticipation of finding someone who will want what they're trying to buy.   They then notice someone wants what they have a buy order for. They, at the same time, cancel all orders that don't fit this criteria. At the same time, they're testing this guy to see what his price is. So while they're testing this guy they're cancelling all orders that are above his strike price for that stock. They let the right order go through, for a lower price. If they can't get a lower price, they just forget it. However, they probably can because they were in line first. They're buying before this guy and AFTER they know what he wants to pay.    Then, they sell it to him."}
{"_id": "166863", "title": "", "text": "One aspect of this - no matter which valuation method you choose - is that there are limited shares available to buy. Other people already know those valuation methods and have decided to buy those shares, paying higher than the previous person to notice this and take a risk. So this means that even after you have calculated the company's assets and future growth, you will be possibly buying shares that are way more expensive and overvalued than they will be in the future. You have to consider that, or you may be stuck with a loss for decades. And during that time, the company will get new management or their industry will change, completely undermining whatever fundamentals you originally considered."}
{"_id": "166870", "title": "", "text": "\"US currency, today, can be used for useful things like selling a car, but there's nothing stopping you for trading it for something else.  On edit; I've been thinking about this, and I think that the problem is that currency exists as a. edium to pay taxes.  The usefulness of it for non-governmental transactions is a secondary benefit.  However, without them full faith and credit ofma government somewhere the currency would be worthless.  For example, see Zimbbwean currency or any non-convertible currency.  *extra edit--altogether too many \"\"m's.\"\"\""}
{"_id": "166875", "title": "", "text": "'Perfect' credit would be defined by your credit score.  You may have a perfect repayment history, but that is only one factor in your credit score.  Paying off a loan early doesn't by itself cause your score to go down.  A lack of history, however, will result in a lower score.  Lenders use the score because the general consensus is that what you have done in the past is the best indicator of what you will do in the future.  In essence, your credit score tells a potential creditor what type of risk they are taking by lending you money.  If you have very little history, the risk is not necessarily higher, but it is less predictable, so you have a lower score. These pages explain what makes up your credit score: http://www.myfico.com/credit-education/whats-in-your-credit-score/ https://www.cnbc.com/id/36737279 https://www.creditcards.com/credit-card-news/help/5-parts-components-fico-credit-score-6000.php"}
{"_id": "166885", "title": "", "text": "You have no idea where interest rates will go.  A year or two ago people thought 3% was absurdly low, why buy them?  And then interest rates dropped even further, so the people who bought then got more interest AND the present value went up since then.  If you'd done nothing you would have lost money.  Now, rates are REALLY absurdly low.  What do?  Well, they could drop even more!  It's possible.  We could also have 20 years of flatline - see Japan.  Sitting on your hands loses money.  What else should you do?  Put your money in risky equities?  A lot of people these days are buying dividend paying stocks now.  It's extremely foolhardy to treat stocks as fixed income because they are very far from it.  Overextending yourself and taking on too equity risk, IMO, is FAR more risky than accepting low interest rates+interest rate risk.  Finally: I don't exactly use bonds to make money, I use it as a safe haven while I wait for stocks to do something.  Stocks go up, I sell some and buy bonds.  Bonds go up I sell them and buy more stock.  It's nice to get a little interest on the side but not critical.  I could use cash (or 1month tbills) but I'm comfortable with the amount of risk-return that 5-10year bonds provide."}
{"_id": "166896", "title": "", "text": "There is one way to make money quickly. If you are married and both are over 50 and you can put money into a deductible IRA for 2014. The $5,500 contribution  and $1,000 catch-up per person would allow the family to make a contribution of $13,000. If they are in the 25% tax bracket the $3,250 drop in their taxes would allow them to get a $325 bonus from their tax software.  Of course they would have already had to be getting a refund before the IRA contribution, or the new refund and bonus would be smaller. They would have had to meet all the program rules. And they must have a combination of 401Ks and AGI to allow deductible contributions.  This would drastically shorten the initial loan period."}
{"_id": "166900", "title": "", "text": "Healthy workplaces are on everyone\u2019s mind, especially for those of us who work there! If you are spending a lot of time at a desk or in front of your computer, it is vital to maintaining your health. A poorly designed work environment puts a strain on your neck, back, legs, and wrists, and contributes to fatigue, stress, and injury. You spend a lot of time in your office chair, so you should have one that is ergonomically designed and comfortable enough for extended use. A few tips about ergonomics and buying the right chair can be found at the end of this article. Here, sorted by price from lowest to highest, are the 10 best ergonomic chairs that we have identified for you. http://www.the10thcircle.com/best-ergonomic-office-chair"}
{"_id": "166904", "title": "", "text": "It\u2019s all about networking in this situation. I don\u2019t mean the gauge business sense of building relationships. It\u2019s about going around 24/7 with the how can I help people attitude. Same for social media. For instance write 15 articles (2000+ words) per month about various things you sell focusing on your area. Attend, as has been a aid, local conferences and volunteer to help at local community events, etc. Small local businesses are hard. Most of the time it\u2019s not about getting one things right, but about getting a lot of little things right over a long period. That\u2019s what made Walmart such a success. Good luck!"}
{"_id": "166921", "title": "", "text": "\"Here's what you need to know about Tinder, Facebook, Twitter, all of it.  If it's free... *you're* the product.  They are selling your info. You might think \"\"well what could Tinder have on me worth selling?\"\" and the answer is a metric fuck ton.  https://www.google.de/amp/s/amp.theguardian.com/technology/2017/sep/26/tinder-personal-data-dating-app-messages-hacked-sold  They approach companies. Companies approach them. It's business, and the product is your preferences and data.\""}
{"_id": "166960", "title": "", "text": "In major East Coast cities, the universities often own large tracts of real-estate because they're simply very rich institutions with the longest lifespans and time horizons in the entire city.  But yeah, MIT is pretty much *the* engineering school in the United States.  CalTech can *maybe* compete.  And no, I'm not saying that because I like MIT.  I think they're suicide-inducing slave-mongers with a depressing campus who own half of Cambridge but pay no property taxes because they're a university.  I *like* the land-grant state universities and went to UMass Amherst."}
{"_id": "166977", "title": "", "text": "If you sell through an intermediate who sets up the shop for you, odds are they collect and pay the sales tax for you. My experience is with publishing books through Amazon, where they definitely handle this for you. If you can find a retailer that will handle the tax implications, that might be a good reason to use them.  It looks like Etsy uses a different model where you yourself are responsible for the sales tax, which requires you to register with your state (looks like this is the information for New York) and pay the taxes yourself on a regular basis; see this link for a simple guide. If you're doing this, you'll need to keep track of how much tax you owe from your sales each month, quarter, or year (depending on the state laws).  You can usually be a sole proprietor, which is the easiest business structure to set up; if you want to limit your legal liability, or work with a partner, you may want to look into other forms of business structure, but for most craftspeople a sole proprietorship is fine to start out with.  If you do a sole proprietorship, you can probably file the income on a 1040 Schedule C when you do your personal taxes each year."}
{"_id": "166981", "title": "", "text": "I don't know why Boeing tried this for the 787. The whole Airbus A3XX was a similar fiasco, and its part production was only spread around europe! Why boeing thought they could pull off development of a large plane while spreading it around the globe, I just don't get it."}
{"_id": "166989", "title": "", "text": "What is it with people commenting on this post? One guy says we should emulate Europe, and force people to take vacations. Now this guy says we shouldn't be worried about our debt, because JAPAN is doing fine? What world do you people live on?"}
{"_id": "166994", "title": "", "text": "\"Fuck this \"\"I'm going to slave away for your bank for 18 hours a day because money\"\" mindset. It's so shortsighted. You can suck a banks dick for 18hours a day for ten years and maybe they'll grace you with partner, or you could shit out a couple iPhone games and build WordPress sites and pull in fatty bucks while working from home in silk underwear.   EDIT: Yall mad that I'm challenging your work to death lifestyle huh? Don't be butthurt because you've been sucking bank cock for twenty years and it turns out a millennial can learn frontend in a couple months and instantly make what took you 10 years to get. I'm dumb as fuck and I swang it, it's the future, wake up.   EDIT2: Downvote away, if you're an analyst, one of us is going to automate your job in about a decade. Good luck.\""}
{"_id": "166998", "title": "", "text": "\"I can understand why some people like using the razors due to their anecdotal experiences, but the razors are essentially \"\"guided reasoning with premade assumptions.\"\"     If you want to prove something in a rigorous way, preassumptions are usually not acceptable unless they are facts (i.e. 5 is always less than Infinity, 7 is always bigger than 0, odd is even +1, etc).    Merely by stating \"\"don't attribute to malice/stupidity\"\" usually fall under the fallacy of affirming the conclusion.      For example if a person A really is stupid and hate another person B, he could do everything wrong to make person B suffer. Under both razors, they'd conclude that person A is just incompetent. By proof of contradiction, I've just shown that the result of a model could be different from the truth, thus either the model is wrong or the truth is wrong.    Edit: a word\""}
{"_id": "167024", "title": "", "text": "Deliberately breaking transactions into smaller units to avoid reporting requirements is called structuring and may attract the attention of the IRS and/or law enforcement agencies.  I'm not sure what the specific laws are on structuring with respect to FBAR reporting requirements and/or electronic transfers (as opposed to cash transactions).  However, there's been substantial recent publicity about cases where people had their assets seized simply because federal agents suspected they were trying to avoid reporting requirements (even if there was no hard evidence of this).  It is safer not to risk it.  Don't try to structure your transactions to avoid the reporting requirements."}
{"_id": "167041", "title": "", "text": "It is fully coupled with three channel system and makes it so easy to reach in a higher range. With this you are guaranteed to make the descent and flight up, forward and back as well as left and right.  This shows that you can also make reverse flight tips with less effort. It comes with a gyro system, which gives the heli sufficient stability.  The included remote control includes a trimmer as well as the mobile controls. The main function of the trimmer is that it completely compensates for any negative orientation.  For example, if the helicopter appears to lean further to the left, you can easily turn the trimmer to compensate. Also, keep in mind that RC helicopters work with infrared controls. This means they tend to be flown more slowly in direct sunlight."}
{"_id": "167053", "title": "", "text": "That doesn't mean this is a bad decision for Toyota which you seem to be implying   -Mazda could do certain processes better than Toyota and vice versa, so they can combine their capabilities  -Mazda isn't a small company so the capacity and/or money spent on a new plant is still more with Mazda in the pic  To give an example to your point directly: If Toyota made it alone let's say they projected they get 1B profit / year.  If Mazda made it alone they project 100M profit /year.   With the combined capabilities of Mazda and Toyota, let's say the plant is projected to make 1.5B/ year. Then if the deal is Toyota keeps 1.2 and Mazda gets 0.3, then both parties benefit despite the fact that Toyota could make the plant itself   Mutually beneficial, unless these guys are just making dumb business decisions"}
{"_id": "167060", "title": "", "text": "How would you even go about firing someone for voting?  You couldn't possibly know how they voted -or *if* they voted.    No, no, you'd have to fire them because their political opinions led to irreconcilable differences in the operations of the company.  Doesn't seem to be any law against that.    Anyway, all that is just foolishness.  Why bring up politics at all?  You just take mental notes, wait a  while, then lay them off at the end of the next quarter.  Problem solved."}
{"_id": "167082", "title": "", "text": "I won't repeat what's already been said, but I agree that it's a good move to take advantage of the free financing so long as you read the fine print carefully, keep the money designated to pay off this debt and not use it for anything else, and make sure to pay it off before you get smacked with some bad interest. One thing that hasn't been mentioned is that this kind of offer can help build credit.  You mentioned that you already have excellent credit, but for someone who has good credit, this could be an account that, if used carefully, could give their credit a boost by adding to their history of on-time payments."}
{"_id": "167088", "title": "", "text": "You can always use those virtual/paper trading games/websites/apps instead of actually investing. They're completely free to use and you can use them to compete. You'll each create a portfolio of stocks and the game will simulate market conditions to see how your stocks would perform real-time.   It's a great way to learn how to invest, and discussing what happened/why _____ sector performed higher/etc. It's a great way to start.  If you're looking for a discussion-type thing, start off by reading the Intelligent Investor by Benjamin Graham, and discuss amongst the club.  Frankly, I don't see why you can't do both, investing and discussing/learning.  Virtual Trading Websites: MarketWatch Virtual Stock Exchange  Apps: StockWars: Virtual Trading"}
{"_id": "167101", "title": "", "text": "...? My government... Canada? Minerals.. I thought we were talking about water. Water rights and NAFTA have been an ongoing issue and it's exacerbated by global warming and increasing desertification in the US, which incidentally has a [simple solution which would also likely improve your meat quality.](https://www.google.ca/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=3&amp;cad=rja&amp;uact=8&amp;ved=0ahUKEwiH5YXjirfWAhUE5YMKHQ7SD8YQtwIINjAC&amp;url=https%3A%2F%2Fwww.ted.com%2Ftalks%2Fallan_savory_how_to_green_the_world_s_deserts_and_reverse_climate_change&amp;usg=AFQjCNGp6inK9-6BO_kFYmp9PivnTSlbuA)"}
{"_id": "167103", "title": "", "text": "\"Keep in mind one possible gotcha on depositing a bonus into your 401K: Tax withholding. Depending on whether your employer combines your bonus onto a regular paycheck, you can be bitten if you allocate a large chunk to your 401K.  I suspect your bonus is, like most, subject to an arbitrary federal withholding requirement of 25%, and if you allocate 100% of the bonus to your 401K, the 25% withholding may come out of what would ordinarily be the take-home in your \"\"regular\"\" paycheck - leaving you with a literal take-home of zero for one pay period.  There are lots of variables in that calculation, obviously, but it's one a lot of people seem to overlook.\""}
{"_id": "167128", "title": "", "text": ""}
{"_id": "167129", "title": "", "text": "The car deal makes money 3 ways. If you pay in one lump payment. If the payment is greater than what they paid for the car, plus their expenses, they make a profit. They loan you the money. You make payments over months or years, if the total amount you pay is greater than what they paid for the car, plus their expenses, plus their finance expenses they make money. Of course the money takes years to come in, or they sell your loan to another business to get the money faster but in a smaller amount. You trade in a car and they sell it at a profit. Of course that new transaction could be a lump sum or a loan on the used car... They or course make money if you bring the car back for maintenance, or you buy lots of expensive dealer options. Some dealers wave two deals in front of you: get a 0% interest loan. These tend to be shorter 12 months vs 36,48,60 or even 72 months. The shorter length makes it harder for many to afford. If you can't swing the 12 large payments they offer you at x% loan for y years that keeps the payments in your budget. pay cash and get a rebate. If you take the rebate you can't get the 0% loan. If you take the 0% loan you can't get the rebate. The price you negotiate minus the rebate is enough to make a profit. The key is not letting them know which offer you are interested in. Don't even mention a trade in until the price of the new car has been finalized. Otherwise they will adjust the price, rebate, interest rate, length of loan,  and trade-in value to maximize their profit. The suggestion of running the numbers through a spreadsheet is a good one. If you get a loan for 2% from your bank/credit union for 3 years and the rebate from the dealer, it will cost less in total than the 0% loan from the dealer. The key is to get the loan approved by the bank/credit union before meeting with the dealer. The money from the bank looks like cash to the dealer."}
{"_id": "167151", "title": "", "text": "Stop order is shorter term for stop-loss order.  The point being that is intended as a protective measure.  A buy stop order would be used to limit losses when an investor has sold a stock short.  (Meaning that they have borrowed stock and sold it, in hopes that they can take advantage of a decline in the stock's price by replacing the borrowed stock later at a cheaper price.  The idea is to limit losses due to a rising stock price.)  Meanwhile, a sell stop order would be used to limit losses on a stock that an investor actually owns, by selling it before the price declines further. The important thing to keep in mind about stop orders is that they turn into market orders when the stop price is reached.  This means that they will be filled at the best available price when the order is actually executed.  In fast moving markets, this can be a price that is quite different from the stop price. A limit order allows an investor to ensure that they do not buy/sell a stock at more/less than the specified amount. The thing to keep in mind is that a limit order is not guaranteed to execute. A stop-limit order is a combination of a stop-loss order and limit order, in that it becomes a limit order (instead of a market order) when the stop price is reached. Links to definitions: Stop order Stop-limit order Limit order Market order"}
{"_id": "167194", "title": "", "text": "Since you're 20-30 years out of retirement, you should be 90% to 100% in stocks, and in one or two broad stock market funds likely. I'm not sure about the minimums at TD Ameritrade, but at Vanguard even $3k will get you into the basic funds. One option is the Targeted Retirement Year funds, which automatically rebalance as you get closer to retirement.  They're a bit higher expense usually than a basic stock market fund, but they're often not too bad.  (Look for expenses under 0.5% annually, and preferably much lower - I pay 0.05% on mine for example.)   Otherwise, I'd just put everything into something simple - an S&P500 tracker for example (SPY or VOO are two examples) that has very low management fees.  Then when your 401(k) gets up and running, that may have fewer options and thus you may end up in something more conservative - don't feel like you have to balance each account separately when they're just starting, think of them as one whole balancing act for the first year or two.  Once they're each over $10k or so, then you can balance them individually (which you do want to do, to allow you to get better returns)."}
{"_id": "167195", "title": "", "text": "In addition to filling out the USPS custom forms, you will have to consider what the Brazilians allow for mailing into the country: Amusing that the items you are mailing are not on the prohibited list. The list ranges from money and weapons. to Playing cards and Primary educational books not written in Portuguese.  You still have to be careful.  Observations   Which means that you will have fill out the form, they will have to fill out forms, and they will pay the import duty when they pick it up at the pot office. Unless they were aking you to not declare the contents and value correctly."}
{"_id": "167202", "title": "", "text": "Credit in debit way - the card simply functions like a debit card for that transaction - pulling cash from your checking account. No difference.  You've simply discovered the fact that some banks are using the same piece of plastic for two functions, debit which draws funds directly from your checking, and credit which offers you time to pay a bill the comes in some time later. It's a personal choice."}
{"_id": "167213", "title": "", "text": "I don't understand the calculations in the comments by the OP. He says My monthly savings after mandatory expense is around USD 2000. This includes rent, expenses, emergency fund savings, and the monthly required payment of my auto loan.  (emphasis added) He has $2000 USD left over after monthly expenses (which includes rent, food, utilities etc, contribution towards emergency funds, and the required monthly payment on the auto loan). He claims that by applying the $2000 USD per month towards reducing the debt, it would take him 30-36 months to be debt-free.  But is it not the case that applying the $2000 to the student loan of $18K+ (while continuing to make the auto loan payments) will pay the student loan off in less than 10 months? If no payments are made on that $18K+ student loan, the accrued interest of about $2K in 10 months (this is (18.25*13.7%*)(10/12) for a total of $20K+). In actuality, with the loan being paid down, the interest will be much less. Once the student loan is paid off, the extra $2000 can go towards what is left of the $10K auto loan each month and  pay it off in another 4 or 5 months or so. So we are talking of 15 months max instead of 30-36 months. Of course, as Carlos Briebiescas points out, the car is more valuable as an asset than can be sold in case of job loss  creating  a need for cash etc, and so paying it off first might be better, but that is a different calculation."}
{"_id": "167214", "title": "", "text": "What do you mean another one gets no job at all? There is more than one job in all of costco all across america. And there are other companies and jobs too. Some of which also pay a livable wage, that guy can apply to those instead of waiting for a handout."}
{"_id": "167216", "title": "", "text": "There are plenty of good American beers. None of them are that popular tho.   Detroit has several micro breweries that make awesome beer. As do many other cities.   I don't want to sound like a hipster, but mainstream American beer sucks."}
{"_id": "167219", "title": "", "text": "\"That's an example of the Act applying to an adviser to a fund, not a fund being exempt from the Act.  An adviser to a 3(c)7 fund in this case is taking advantage of a safe harbor pertaining to performance-based compensation set forth in the Act.  The reasoning is that a 3(c)7 fund will by definition most likely be comprised of \"\"qualified clients.\"\" The prohibition does apply to other private funds - such as 3(c)1 funds.  To the extent that their investors are not \"\"qualified clients,\"\" they are unable to charge a performance-based fee.\""}
{"_id": "167222", "title": "", "text": "Legal Tender means you have to accept that money as payment for a legal (as in not illegal) debt.   If I'm in country X, and we go to court over a dispute of a debt, the law in most places is that the court will insist the debt be paid in the local legal tender at a specific amount.   As others already said below - taxes, etc -those are debts.  Eating at a restaurant is a debt (you ate it already) Filling up with gas without paying first is a debt. Employees work for you build up debt.   But in any private transaction where there is no debt, people are free to do whatever they want (let's ignore discrimination laws and whatnot for this discussion, mmkay?).   You can come into my store and I can insist that today I'll only accept euros.  Or jelly beans.  Or I can choose to simply not do business with you.   We are two free people who are under no obligation to do business with each other, and if we choose to, how we choose to remunerate each other for that business is completely up to us.  (How I pay the sales tax on that transaction, though, well, thats' between me and the tax authorites, and will be in the local legal tender)"}
{"_id": "167248", "title": "", "text": "You guys know, as the rest of us do, that these numbers are the tail end of the Obama economy, and by all indications, he gave DJ a good foundation upon which to proceed. From now on it'll increasingly be all him ... and we'll see."}
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{"_id": "167270", "title": "", "text": "The reason Rausch Coleman homes are generally cheaper, is because they are a high volume dealer. Their communities usually have 5 to 7 floor plan options only. They get exceptional deals on their materials because of the volume of material bought. They have it down to a science when it comes to the numbers. As far as the quality of their homes, I cant answer that. I have never been in one or known of anyone that has bought one."}
{"_id": "167297", "title": "", "text": "Make a deal with yourself. You can buy the things that you want, but only after you've read three books on behavioral economics. You should probably start first with Dan Ariely's Predictably Irrational, which will help you understand why the discount makes you covet the products even more than you would without it. Then find and read two more high-quality books from the same genre.  If you gain self-awareness from this, you will begin to understand why you are conflicted (hint: you really don't want the things you think you do). And you probably won't purchase anything in spite of the fact that you kept the first part of the bargain."}
{"_id": "167302", "title": "", "text": "I mean the current account has four parts - goods trade, services trade, \u201cprimary\u201d income (this used to just be investment income) and \u201csecondary\u201d incomes (this used to be just remittance and cash flows, Mexico has a lot of these). By definition, if you have a trade deficit but current account surplus it comes from primary/secondary income.   I\u2019m not sure if it\u2019s crisis mode - a true BoP shock is much more likely to come from having a lot of foreigners owning portfolio assets based on your country (ie Germans owning Spanish bonds sell the bonds, so Spain now has less money for imports)."}
{"_id": "167304", "title": "", "text": "\"When you buy a put option, you're buying the right to sell stock at the \"\"strike\"\" price. To understand why you have to pay separately for that, consider the other side of the transaction. If I agree to trade stock for money at above market rates, I need to make up the difference somewhere or face bankruptcy.  That risk of loss is what the option price is about. You might assume that means the market expects the price of AMD to fall to 8.01 from it's current price of 8.06 by the option expiration date. But that would also mean call options below the market price is worthless. But that's not quite true; people who price options need to factor in volatility, since things change with time. The price MIGHT fall, and traders need to account for that risk. So 1.99 roughly represents the probability of AMD rising to 10. There's probably some technical analysis one can do to the chain, but I don't see any abnormality of AMD here.\""}
{"_id": "167315", "title": "", "text": "That was my exact feeling reading this. It was a stroke of luck that Bob got bought out and an even bigger stroke of luck that he got into a position that he could help out the supplier.  If none of that had happened, he would have just cost the supplier money and woken somebody up at 2am for something that could have been dealt with the next morning."}
{"_id": "167316", "title": "", "text": "Which is also part of the chain's problems. Grocery store prices are pretty low and you can easily make something better yourself.   The only way you can get people to spend money is to provide a better experience and these chains provide a shitty one."}
{"_id": "167322", "title": "", "text": "\"I probably don't understand something. I think you are correct about that.  :) The main way money enters the stock market is through investors investing and taking money out. Money doesn't exactly \"\"enter\"\" the stock market.  Shares of stock are bought and sold by investors to investors.  The market is just a mechanism for a buyer and seller to find each other. For the purposes of this question, we will only consider non-dividend stocks. Okay. When you buy stock, it is claimed that you own a small portion of the company. This statement has no backing, as you cannot exchange your stock for the company's assets. For example, if I bought $10 of Apple Stock early on, but it later went up to $399, I can't go to Apple and say \"\"I own $399 of you, here you go it back, give me an iPhone.\"\" The only way to redeem this is to sell the stock to another investor (like a Ponzi Scheme.) It is true that when you own stock, you own a small portion of the company.  No, you can't just destroy your portion of the company; that wouldn't be fair to the other investors.  But you can very easily sell your portion to another investor.  The stock market facilitates that sale, making it very easy to either sell your shares or buy more shares. It's not a Ponzi scheme.  The only reason your hypothetical share is said to be \"\"worth\"\" $399 is that there is a buyer that wants to buy it at $399.  But there is a real company behind the stock, and it is making real money. There are several existing questions that discuss what gives a stock value besides a dividend: The stock market goes up only when more people invest in it. Although the stock market keeps tabs on Businesses, the profits of Businesses do not actually flow into the Stock Market. In particular, if no one puts money in the stock market, it doesn't matter how good the businesses do. The value of a stock is simply what a buyer is willing to pay for it.  You are correct that there is not always a correlation between the price of a stock and how well the company is doing.  But let's look at another hypothetical scenario. Let's say that I started and run a publicly-held company that sells widgets.  The company is doing very well; I'm selling lots of widgets.  In fact, the company is making incredible amounts of money.  However, the stock price is not going up as fast as our revenues.  This could be due to a number of reasons: investors might not be aware of our success, or investors might not think our success is sustainable.  I, as the founder, own lots of shares myself, and if I want a return on my investment, I can do a couple of things with the large revenues of the company: I can either continue to reinvest revenue in the company, growing the company even more (in the hopes that investors will start to notice and the stock price will rise), or I can start paying a dividend.  Either way, all the current stock holders benefit from the success of the company.\""}
{"_id": "167356", "title": "", "text": "I think the logic in your example demonstrates it is silly to make a decision for tax benefits alone.   Saving 75 is much preferred to a cash outflow of 100 less tax savings of 25. To answer your question, paying mortgage interest represents the fee for the cheapest money most people will ever access, which in itself is a benefit (e.g. renting vs buying). The benefits are maximized when the aggregate of  appreciation, inflation, tax savings exceeds total interest expense."}
{"_id": "167358", "title": "", "text": "\"Reading wiki, are llc's publicly owned? I couldn't seem to find any info on liability protection either. I know that one of my friends purchased a small business that was pre-set up with llc. He didn't know much about it though other than it made things \"\"easier\"\".\""}
{"_id": "167363", "title": "", "text": "\"I agree that real income growth has been flat twenty years, but you're wrong about Americans owning stocks.  Anyone who has a pension is directly involved in \"\"gambling\"\" on the stock market.    Check out /r/personalfinance -- there are lots of people who invest/save money, but don't earn a lot.   There are options that are as cheap as $25/pay...It gives you a way to invest when you are young.  I have paid into a mutual fund/etfs since 21...wish I had done it sooner!\""}
{"_id": "167369", "title": "", "text": "You are trying to claim that a system that rewards greed, rent seeking and miserly behavior while devaluing work making ownership the only path to success is fair because it doesn't screw over absolutely everyone, just most people.    I disagree."}
{"_id": "167404", "title": "", "text": "Instead of a simple buy signal, you need to be able to rank your investments from strong to weak on the buy scale and sell the weaker investments that you already own to buy the stronger investments that you have received signals from."}
{"_id": "167410", "title": "", "text": "\"While some taxi services have developed an app, taxis don't compete on price or coverage, to be honest.  For a very long time, in a lot of places, taxis have had a protected monopoly, leading to just fucknig terrible service and insane prices.    As an example, about a year ago I took the train up to Seattle.  On my trip home, I arrived on a weekday around 2p.  Middle of the day, nothing going on.  I called the local taxi service to pick me up and go maybe 3 miles.    I waited 45 minutes, finally called the dispatch and they said, \"\"Oh, it'll be another half hour.\"\"  I said never mind, called an uber, and was home in about 15 minutes.\""}
{"_id": "167438", "title": "", "text": "Congrats! That's a solid accomplishment for someone who is not even in college yet. I graduated college 3 years ago and I wish I was able to save more in college than I did. The rule of thumb with saving: the earlier the better.  My personal portfolio for retirement is comprised of four areas: Roth IRA contributions, 401k contributions, HSA contributions, Stock Market One of the greatest things about the college I attended was its co-op program. I had 3 internships - each were full time positions for 6 months. I strongly recommend, if its available, finding an internship for whatever major you are looking into. It will not only convince you that the career path you chose is what you want to do, but there are added benefits specifically in regards to retirement and savings. In all three of my co-ops I was able to apply 8% of my paycheck to my company's 401k plan. They also had matching available. As a result, my 401k had a pretty substantial savings amount by the time I graduated college. To circle back to your question, I would recommend investing the money into a Roth IRA or the stock market. I personally have yet to invest a significant amount of money in the stock market. Instead, I have been maxing out my retirement for the last three years. That means I'm adding 18k to my 401k, 5.5k to my Roth, and adding ~3k to my HSA (there are limits to each of these and you can find them online). Compounded interest is amazing (I'm just going to leave this here... https://www.moneyunder30.com/power-of-compound-interest)."}
{"_id": "167445", "title": "", "text": "vacation rentals gulf shores  --iTrip.net is a company that has revolutionized the way people book vacations, making the process easy and stress free. Due to our forward thinking and advanced online booking engine, we're able to provide quality vacations rentals and a lower price."}
{"_id": "167446", "title": "", "text": "I would put about a month's worth of expenses in the highest-paying savings account that you find convenient to access. For the rest, I recommend Ally's High-Yield CDs \u2014 specifically, the 5-year option. Normally 5 years would be way too long to commit short-term savings to a CD. However, the Ally CDs allow you to break them for a penalty of only two months worth of interest. If you look at the graph below (from when the rates were 3.09% APY), you can see the effective interest rate at every possible time you break the CD early. Doing the math, if you can keep your savings in the account for at least four months, it will outperform any other current FDIC-backed investment that I am aware of, for the length of time the money was invested.  (credit: MyMoneyBlog)"}
{"_id": "167473", "title": "", "text": "It's very simple: The whole purpose of a credit card for the credit card company is that you borrow money and then pay them extortionate interest for the rest of your life. The way you describe yourself, you are the perfect victim. So the obvious thing for you to do is to not touch credit cards with a barge pole.  IF you decide to use a credit card, then what you should really, really do is to pay back the maximum amount possible all the time. Best is to pay off the credit card in full if at all possible.  Consider this: If you owe them money, the interest rate is so high that with the minimum payment, your debt will be growing all the time. Spend $1,000, pay $10 a month, and next year you owe $1,100 without having used the credit card at all. If you pay $32 a month as you mentioned, your $1,000 purchase is actually a multi-year loan. If you need a multi-year loan for a $1,000 purchase, an ordinary loan from your bank will be much, much cheaper."}
{"_id": "167475", "title": "", "text": "Africa infuriates me.  It's a most amazing place with probably more potential than any other continent on earth.  And with insane levels of natural resources.  Yet the natives can't get it together.  They don't even have to innovate - just *copy* other countries.  It's not colonialism.   Ireland was probably colonised longer than any African country, yet it didn't collapse after independence.  And that's with very limited resources.  It will be interesting to see the path South Africa goes down.  All the people I know who live there are extremely pessimistic.  Look at the house owned by the president of the ANC's Youth League.  https://www.enca.com/south-africa/ancyl-president-mum-on-purchase-r5-million-estate  Such endemic corruption never ends well for anyone."}
{"_id": "167481", "title": "", "text": "Depends on the flight, of course. If someone who is paid $200k+ a year is flying long haul to participate in some meetings, I want them at their best at those meetings, as their time is worth $100/hr.   Obviously absurd to fly business class on a one hour flight though."}
{"_id": "167492", "title": "", "text": "\"They say that banks earn 4 - 5% on deposits, so with lower costs they can give away 2-4%. They cite [this article](https://www.wsj.com/articles/u-s-banking-industry-annual-profit-hit-record-in-2016-1488295836) which says that \"\"return on equity [for banks] up at 9.32%, the highest level since 2013\"\". But [net interest margin](https://www.fdic.gov/bank/analytical/qbp/2017mar/chart4.html) is lower (2.5%-4.5%). And that's in a good year.  They elaborate in a blog post:  \"\"Fed Funds rates are supposed to affect deposit rates that banks pay to their customers, as, after all, deposit is a form of short term loan from depositor to the bank (see the explanation in our recent blog). However, as WalletHub notes in their recent report, it has not actually happened recently. As the report notes, for traditional branch-based banks, savings and checking account rates are virtually unchanged. You are probably getting the same 0.01% in your checking or savings account? Meanwhile, rates on your credit card went up by 0.53% since December 2015.\"\"  \"\"So why aren\u2019t deposit rates increasing? One reason often cited, is actually the relative decrease in the levels of competition in the U.S. market (as we described in our earlier blog). While there are still thousands of banks in the U.S., 4 control ~40% of the assets and close to half of the assets (loans). The other reason could be, perhaps, that after almost 10 years of getting close to zero in your bank account, you will forget that it could be any different. In fact, bank executives are puzzled why consumers are not \u201cdemanding\u201d more on their deposits. You can walk to the branch and \u201cdemand\u201d more money from your bank, but you may end up in county jail. The only other viable option is to take your deposits elsewhere, or vote with your feet.\"\" (https://blog.meetbeam.com/draft-why-are-lending-rates-going-up-but-deposit-rates-are-not-76e050b382af)  \"\"Beam makes money by providing value-added services to our partnering bank and other financial service partners in the banking ecoysystem.\"\" That sounds like they might be selling your data?\""}
{"_id": "167494", "title": "", "text": "\"I'm not an accountant, and you should probably get the advice of one to be sure about what to do.  However, if the business is a sole-proprietorship, you'd complete a Schedule C for the business, and you'd end up with a loss at the end.  If the investment you made in the business is considered to be entirely or partially \"\"at risk\"\" per the IRS definition, you'd get to claim all or part of the loss as a reduction in your income.  If the business was an LLC, then you're beyond my already limited knowledge. There may be some other considerations based on whether this was really a business vs a hobby, and whether or not you're going to try to continue with the business, or whether you've shut it down.  I'm not sure about those parts, but they'd be worth exploring with an accountant.\""}
{"_id": "167509", "title": "", "text": "000webhost is kind of shitty tbh.  It's been a while since I even heard about them.  If you're on a budget I'd reccomend buyshared.net, they have a really decent plan for $5/year.  I've been a hosting reseller through them and have nothing bad to say.  The support is relatively quick as well."}
{"_id": "167554", "title": "", "text": "\u201c Dentist Country\u201d \u00e8 la migliore clinica dentale che fornisce trattamenti odontoiatrici di alta qualit\u00e0 in Moldavia a Chisinau. Offriamo l'Implantologia dentale superiore a prezzi accessibili in tempi molto brevi. Contattateci al +3736995 4445, 24/7, anche se siamo offline!"}
{"_id": "167563", "title": "", "text": "No, this is incorrect. You cannot exclude a portion of your income, that would be false reporting. What you can do is not use the FEIE at all, and instead use the foreign tax credit. If the foreign tax is higher than the US tax - there's a chance that you will have the US tax liability reduced to zero by the credit, while still keeping all of your earned income in the AGI, and thus eligible for the IRA contributions."}
{"_id": "167569", "title": "", "text": "Having 20% of your portfolio in P2P lending sounds really aggressive to me. When we have another recession, a lot of those loans are going to be bad and having a big chunk of 20% of your portfolio vanish could sting pretty good. I wouldn't go into it with more than the sum you are willing to lose and not be too upset."}
{"_id": "167581", "title": "", "text": "Just short GS.  http://www.google.com/finance?q=gs  Much more fun.  That list looks like a global macro short list. Shorting XOM, JNJ are systemic risk plays.  The guys that stand out for specific risk: INTC AMZN ABT LMT BMY  AMGN  CMG AVB, I stopped reading after that.  fundamentally I would long INTC as them and AMD are the market for CPU's. Maybe people are betting against pc's...   AMZN has a retardedly high facebook like P/E.  I don't know enough about most of the risk."}
{"_id": "167586", "title": "", "text": "Check the answers to this Stackoverflow question https://stackoverflow.com/questions/754593/source-of-historical-stock-data a number of potential sources are listed"}
{"_id": "167589", "title": "", "text": "Public debt and risk of currency devaluation are two very, very different things.  Until the BRICS are able to buy commodities on a significant scale using a market basket of their own currencies, the USD will remain one of the (if not the) safest currencies in the world."}
{"_id": "167591", "title": "", "text": "Good catch. So Bloomberg came out with a good new article today. Read it on desktop, tried to find it on mobile to submit it (I figure my firm wouldn't be too thrilled with my username etc.) ended up with this. They had basically the same headlines.   I'll delete and resubmit."}
{"_id": "167655", "title": "", "text": "Recent MBA grad here.  I would much rather work at a job that makes me happy than a job that pays more.  With that said, I'm feeling pressure to earn a fairly high salary to pay off all the student loans.  I will probably spend a few years trying to find a balance between happiness and salary and then completely forget about salary after my loans are paid off."}
{"_id": "167660", "title": "", "text": "Best consult a CA. There is no clear guideline on this. Some articles do suggest that if engaged and planning to marry, one can transfer money to fianc\u00e9e without any tax implication."}
{"_id": "167667", "title": "", "text": "No, it doesn't.  It's been at play in a very strong way for the last century - and, even on smaller time scales you can easily see where there are differences in nations that grow / shrink.  My statement isn't over the course of thousands of years, it can affect things on the span of just a few decades even."}
{"_id": "167668", "title": "", "text": "\"I worked one summer at WalMart.  The company song was a complete shock to me and I found it to be one of the creepiest things ever devised.  (there are \"\"moves\"\" that go along with the song/chant).  Some people actually seemed to be into it.    The song was just the beginning of the meeting though, where they would discuss how much revenue/profit the store made in the previous day (or week maybe I don't remember).  All I could think about was a) at least I don't actually have to do any work while I'm over here b) why to hell do I care what this fucking dump made yesterday?  I'm making minimum wage and I'll be making minimum wage tomorrow.\""}
{"_id": "167684", "title": "", "text": "It is a Scam. Don't invest more money here. Their website is the proof. Investments may appreciate or depreciate and you may not receive more   than you initially invested. The Peterson Group offers products that   are traded on margin and entail a degree of risk. You may incur losses   that exceed your initial investment. Please ensure you are aware of   and fully understand the risks involved, and seek independent advice   if necessary. Losses exceeding your initial investments does not sound a good investment even if it is not a scam. Not much contact information. Their contact page has only a form. No email. No phone number. No social media links. I would like to point some information from Dumbcoder's answer, Just browsed their website. Not a single name of anybody involved.   Their application process isn't safe(No https usage while transferring   private information). No names of the person's involved is a thing to notice. All the companies websites name their owner, CEO and the like."}
{"_id": "167686", "title": "", "text": "The point is, genuine users are catching on and Instagram has to give the appearance of doing something about it or lose their user base in boycotts.  This is about the time when the next big thing starts to emerge and the company releasing updates like this starts circling the drain."}
{"_id": "167702", "title": "", "text": "In most cases an rent with option to buy is structured as follows: The renter/buyer will place a deposit/premium (not the same as a security deposit) that purchases the option( the right ) to buy the home at a future date at a specific price. The renter / buyer will often pay extra rent in addition to market rent.  Many times this additional rent is contracted to be applied to the purchase price of the home. The risks to the renter/buyer are as follows: Also, something to note: Many people will recommend that you use the additional rents to be applied specifically towards the downpayment.  Be wary of this.  There are no institutional lenders available today that will allow the additional rent money to be applied towards your downpayment.  That means you must come up with the downpayment in cash before closing.  The additional rent payments can  be used towards the price.   Hope that helps.  Good luck!"}
{"_id": "167716", "title": "", "text": "They've just started doing this in the UK through Virgin Media (cable).   You now get a TiVo box, probably to give Virgin some sort of potential brand recognition up against Sky's Sky+ box.   However TiVo has never been recognised over here."}
{"_id": "167717", "title": "", "text": "\"As you say, the currency carry trade shouldn't work.  The deluge of new cash into a high-interest currency should result in falling exchange rates.  A November 2009 paper by \u00d2scar Jord\u00e0 and Alan Taylor of the University of California, Davis, may be offer one approach which is more stable.  According to The Economist: They find that a refined carry-trade   strategy\u2014one that incorporates a   measure of long-term value\u2014produces   more consistent profits and is less   prone to huge losses than one that   targets the highest yield. However, exchange rates, central bank interest rates, as well as money supply are all political as well as economic constructs.  An economic driver for arbitrage may be offset by political will (such as US quantative easing) or even social malaise (Japanese continual low inward investment). I wouldn't go so far as calling the carry trade \"\"free money\"\" - currencies have proven far too unstable for that - but state interference in markets tends to be clearly telegraphed and a trader with nerves of steel may take advantage of it.\""}
{"_id": "167748", "title": "", "text": "\"How will making energy cheaper help?  The issue is that average earnings have barely moved since the 70's, inflation has sky-rocketed for necessities and for assets.  My dad was making the same as I am now when he bought their first home for $40,000.  My smaller place cost me $300,000+.  That isn't fucking sustainable.  Natural gas, gasoline, electricity, those are all tiny slices of pie in comparison to food and shelter.    Then the American government makes all these shitty chess-play moves that they think will stimulate the economy but they don't take into account that civilians aren't entities that behave like ideal statistical models.  They don't fucking understand that people are concerned about the viability of their futures.  The whole thing is nose-diving into the ground.  Read the the book \"\"The Death of Money\"\" by James Rickards, America is fucked and the politicians don't care because they will be financially OK and will pass the buck on to the next generation to deal with.\""}
{"_id": "167753", "title": "", "text": "Excess capital is the primary means of navigating around a trade which is moving against you. In a very basic case, consider a long position moving against you. With additional capital you could average in as the price drops or you could write options against your position. If you don't have the capital to handle when (not if) a trade move against you then you're at a significant disadvantage as your only option may be a liquidation."}
{"_id": "167756", "title": "", "text": "No, inaction is not always the rational choice in your scenario. To give an extreme example as proof: Let's say that you have $1,000. The expected value of inaction is $0 - you will end up with the same amount (minus inflation, but we can ignore that for this exercise). If your only other option is an investment which has a 75% chance of losing all of your money, and a 25% chance of doubling your money, then your expected value is ((75% * -$1,000)+ (25% * $1,000)) = -$500. In that case your best option is obviously inaction. However, let's say that you have a 75% chance of losing all of your money, but a 25% chance of making $1,000,000 on your investment. In that case, the expected value of investing is ((75% * -$1,000)+ (25% * $1,000,000)) = $249,250. This means that the rational thing is to make the investment. Basically, the 25% chance of making $1M is worth the 75% chance of losing everything."}
{"_id": "167778", "title": "", "text": "Yes you have the freedom to leave the country. The only problem is that in every country there are 9 other people just waiting for you to move there so that they can do the same.  The Supreme Court interprets the constitution and not the Social Contract. And first you base your argument on the constitution, and then one second later you say that the constitution is outdated. Make up your mind please.  Capitalism is anarchy. It is not a system. What is a more correct distribution of wealth than allowing everyone to keep what they earned with their skills on a free market? Monopoly is a game.  You certainly don't better society by exploiting a minority, that's for sure."}
{"_id": "167781", "title": "", "text": "If the money is a gift the lender will make everybody acknowledge that the money is a gift. They will not care if the gift triggers tax forms for the giver. Signing the gift forms specifying it is a gift when it isn't a gift is fraud, and there are penalties attached to that. If it is a loan that will not erase the PMI requirement. Because the lender for the main part of the mortgage will want to protect their investment. Related to other impacts."}
{"_id": "167828", "title": "", "text": "\"I don't think any of us claims pizza is an American creation instead of an Italian one. Pizza *is* an Italian creation.    We are only saying that the regular pizzas they have in the US are mostly non-Italian style, and shouldn't be count as real authentic Italian food. It'd be like saying pastas are an Chinese creation. Pastas was inspired by the Chinese, but the Chinese didn't create pastas, they have [mian] (http://en.wikipedia.org/wiki/Chinese_noodles ), which means noodles.    Point is, if someone change something too much and that thing becomes a \"\"new/different\"\" thing, we will call that person the creator and use its terms.\""}
{"_id": "167834", "title": "", "text": "\"It is a legitimate practice. The dealers do get the loan money \"\"up front\"\" because they're not holding the loan themselves; they promptly sell it to someone else or (more commonly) just act as salesmen for a lending institution and take their profit as commission or origination fees. The combined deal is often not a good choice for the consumer, though. Remember that the dealer's goal is to close a sale with maximum profit. If they're offering to drop the price $2k, they either didn't expect to actually get that price in the first place, or expect at least $2k of profit from the loan, or some combination of these. Standard advice is to negotiate price, loan, and trade-in separately. First get the dealer's best price on the car, compare it to other dealer and other cars, and walk away if you don't like their offer. Repeat for the loan, checking the dealer's offer against banks/credit unions available to you. If you have an older car to unload, get quotes for it and consider whether you might do better selling it yourself. ========= Standard unsolicited plug for Consumef Reports' \"\"car facts\"\" service, if you're buying a new car (which isn't usually the best option; late-model used is generally a better value). For a small fee, they can tell you what the dealer's real cost of a car is, after all the hidden incentives and rebates. That lets you negotiate directly on how much profit they need on this sale... and focuses their attention on the fact that the time they spend haggling with you is time they could be using to sell the next one. Simply walking into the dealer with this printout in your hand cuts out a lot of nonsense. The one time I bought new, I basically walked in and said \"\"It's the end of the model year. I'll give you $500 profit to take one of those off your hands before the new ones come in, if you've got one configured the way I want it.\"\" Closed the deal on the spot; the only concession I had to make was on color.  It doesn't always work; some salesmen are idiots. In that case you walk away and try another dealer. (I am not affiliated in any way with CU or the automotive or lending industries, except as customer. And, yes, this touch keyboard is typo-prone.)\""}
{"_id": "167840", "title": "", "text": "That sounds like bunk too me. Even if it does, the total number of loans isn't going to be a major factor in your credit score. I wouldn't worry about it unless you have other reasons to consolidate the loans. For example, Government student loans can introduce risk into your finances in that they are difficult to dismiss as part of a bankruptcy if that ever becomes necessary."}
{"_id": "167869", "title": "", "text": "There's a difference between your street level drug dealer sending you sales proceeds of $20,000 in $5,000 increments to avoid sending you $10,000 or $20,000 at once to avoid the scrutiny of a government agency that might not be thrilled with your business venture, and a tire shop paying a wholesaler $5,000 each time funds are available up to the amount owed of $20,000. The former is illegal for a few reasons, and the latter is business as usual."}
{"_id": "167873", "title": "", "text": "\"&gt;I'm an idiot.  Yup you are.  &gt;I implied that Gen X, as middle managers, had direct operational control over decisions that led to financial crisis.  But the very BASIS on which you made that claim (which is false BTW) was your idiotic confusion of GenX with the Baby Boom.  So your entirely argument was flawed from the get go.  You don't get to have your cake and eat it at the same time dude.  &gt;You chose to ignore that point entirely.  Nope. Didn't \"\"ignore\"\" it at all, I cut the proverbial legs out from underneath it, and the whole construct toppled over as a result.  *But hey, don't let that stop you from making and even greater ass out of yourself.*\""}
{"_id": "167879", "title": "", "text": "There are a number of benefits to this type of account.  If one has highly appreciated stock (think Apple), donations of the stock are taken at current value, so for example, I donate $10,000 worth of shares, which cost me $100. In the 28% bracket, and itemizing, I see a $2800 benefit. But, I also avoid a $9900 capital gain and the 15% tax on that, or $1485. In this example, the fund comes into play as it would allow me to break up that $10,000 into smaller donations, and over a number of years.  Next example - In my article some years ago Fun with Schedule A I describe how a strategy of 'bunching' ones itemized deductions every other year can help push people into the ability to itemize where normally they just miss doing so. Using the charitable fund can help people smooth out their contributions to the end charities while actually making the out of pocket withdrawal every other year.  Last - there are many whose income is irregular for whatever reason. This type of account can be useful to help people in this situation make a deposit in high income/high tax rate years, skipping the deposit in low income/low rate years, but still keep up with the annual charity support.  Obviously, one's goal is to help the charities they wish to support, it's silly to donate 'for the deduction.' But, for those who are charitable, these strategies help them divert more money to the charity and less to Uncle Sam.  Sorry, I'm not sure about the math to show that 6.46%. My answer was to share the benefits of using these types of accounts."}
{"_id": "167880", "title": "", "text": "I'm not sure about the preventing, you may be right. But the USA basically prevents people from going to college of they are too poor, even if they have the grades. So which is more disgusting, grade-based admissions or wealth-based admissions?  In Israel, you can go to college if you didn't have the top grades but you might need to pay more and go to a worse school. So I don't know where you're talking about.  As for best universities, those were created while encouraging kids to go. How long will that last if the USA starts discouraging education? Not long.  I think back to that scene in the movie Inception where the guy's older self tells him: I'm from the future. You should go to China."}
{"_id": "167895", "title": "", "text": "Based on Dalio's interviews, he seems to think it's kind of too little too late. He said the Fed did a great job maneuvering out of the crisis, but then coasted for too long when they should have been tightening. Now it's too late and trying to play catch up might destabilize things to the point where they would be the *cause* of the next recession."}
{"_id": "167896", "title": "", "text": "If you are able to buy a 150K home for 50K now that would be a good deal!  However, you can't you have to borrow 100K in order to make this deal happen.  This dramatically increases the risk of any investment, and I would no longer classify it as passive income.   The mortgage on a 150K place would be about 710/month (30 year fixed).  Reasonably I would expect no more than 1200/month in rent, or 14,400.  A good rule of thumb is to assume that half of rental revenue can be counted as profit before debt service.  So in your case 7200, but you would have a mortgage payment of 473/month.  Leaving you a profit of 1524 after debt service.  This is suspiciously like 2K per year.  Things, in the financial world, tend to move toward an equilibrium. The benefit of rental property you can make a lot more than the numbers suggest.  For example the home could increase in value, and you can have fewer than expected repairs.  So you have two ways to profit:  rental revenue and asset appreciation. However, you said that you needed passive income.  What happens if you have a vacancy or the tenant does not pay?  What happens if you have greater than expected repairs?  What happens if you get a fine from the HOA or a special assessment?  Not only will you have dip into your pocket to cover the payment, you might also have to dip into your pocket to cover the actual event! In a way this would be no different than if you borrowed 100K to buy dividend paying stocks.  If the fund/company does not pay out that month you would still have to make the loan payment.  Where does the money come from?  Your pocket.  At least dividend paying companies don't collect money from their shareholders. Yes you can make more money, but you can also lose more.  Leverage is a two edged sword and rental properties can be great if you are financial able to absorb the shocks that are normal with ownership."}
{"_id": "167930", "title": "", "text": "No, it is because Google purchased the software that Orbitz and others used, thereby creating a huge mess in courts that had to be worked out with a number of promises that Google made. Unfortunately, due to a number of reasons (some from the airlines themselves), Google was not able to make good on those promises. Orbitz and the like are angry at this and see it as anti-competitive practices."}
{"_id": "167937", "title": "", "text": "There are so few VP spots available at top firms, so they can choose the top of their class.  The hierarchy is more like a pyramid in terms of size, which makes sense due to the difference in job roles and tenure as you become more senior"}
{"_id": "167941", "title": "", "text": "I saw this in Shanghai last year, we took our time to browse all the sections to look at all the items not available at home.   Funny enough, most locals were just walking in, showing their phones and picking up their orders - so I imagine app ordering will be part of the kiosk rollout to move the regulars along quickly."}
{"_id": "167943", "title": "", "text": "is it a smart thing for an entry level employee with a basic pay to buy a property on debt ? This is opinion based and can't be conclusively answered by others. Only you can make the choice. Their reasoning is that, since I am paying for their house rent right now(I have been doing this ever since I got into graduate school), I could divert it to pay for the loan while getting a property in return If I understand this, you are currently NRI [as you are working in Japan], you would like to take a home loan in India and buy a property in India.  In the current scenario, the EMI towards home loan do not equate to the Rent as property prices have gone up in most places. In 2002 - 2007, there was a time of low interest rates and low property prices, that along with tax breaks made it cheaper to buy than rent. Also note that since you are NRI, you do not get any income tax rebate on interest paid. If you buy please ensure that all the EMI's are paid from NRE account. This would in future help you repatriate funds out of India, if you plan to sell the house. But I am scared of getting into debt so early in my career. If I commit myself like that, it might make me less courageous in making career changes till I finish paying off that debt. This is a valid concern, if you need to pursue further studies, or take a break for a change in career, it would make it difficult. Also note there are additional costs of buying a house, apart from EMI, there property tax, if you staying in society, a monthly maintenance etc."}
{"_id": "167947", "title": "", "text": "I definitely get that, my company has been really big on ILS\u2019s lately, so in a meeting the other day I was looking at ways to short Cat Bonds....   The problem is you\u2019d have to offer a big premium to someone that you sell the risk too since the whole industry is having to do that now. And on risky areas like Oklahoma or California for earthquakes I couldn\u2019t imagine the premium you\u2019d have to pay since the risk is up front and present. If you don\u2019t want to pay the premium and choose some risk that isn\u2019t as foreseen you should probably have a good method of evaluating that risk. Which is the point I have ran into in my quest to short ILSs."}
{"_id": "167950", "title": "", "text": "\"Fail? What is the standard? If you include the base case of keeping your money under a mattress, then you only have to earn a $1 over your lifetime of investing to not fail. What about making more by investing when compared to keeping money in a checking or savings account? How could 90% of investors fail to achieve these standards? Update: with the hint from the OP to google \"\"90% investors lose their money\"\" it is clear that \"\"experts\"\" on complex trading systems are claiming that the 90% of the people that try similar systems, fail to make money. Therefore try their system, for a fee. The statements are being made by people who have what should be an obvious bias.\""}
{"_id": "167951", "title": "", "text": "\"No they won't; EVs are more than \"\"a few years\"\" from being the majority of cars on the road. And even then, what's to stop Oregon/Jersey from requiring an attendant from plugging your car into the recharging station? It's not like there's a valid reason for gas station attendants other than artificially increasing the number of the jobs.\""}
{"_id": "167976", "title": "", "text": "100% agree with this guy. I worked in corporate development with two former investment bankers this summer and they both agreed that banks look, of course, for smart guys, but more importantly they look for smart guys who know how to have a good time and have interesting stories. Make sure it's clear that you are interested in more than just powerpoints and modeling."}
{"_id": "167982", "title": "", "text": "Many of these products are similar in nature and often depend on the issuing bank.   Cashier's Check Are checks signed and guaranteed by the bank.  This means the funds are coming from the bank instead of your account -- which usually means they immediately take the money from your account.  This is usually the most secure of the options and usually doesn't have many restrictions.  Certified Check Are checks signed by the customer, certified by the bank that you have enough funds and that your signature is genuine.  Usually, but not always - the bank will set aside the funds.   Bank Draft Similar to a certified check but the bank will set aside the funds until the bank draft is used.  Generally used in transactions involving larger sums. Money order It's a payment order similar to a certified check; however, it needs to be prepaid.  Also money orders may have maximum face values allowed."}
{"_id": "167995", "title": "", "text": "\"I am starting to suspect that you don't really have a position to stand on other than \"\"gubment bad\"\".   Even though I suspect I am going to be beating my head against a wall, I will give it a shot anyways:  Okay, so why shouldn't government invest in *anything*?\""}
{"_id": "168001", "title": "", "text": "You'll need to talk to your broker about registering positions you already hold.  I would personally expect this will cost you a not-insignificant fee.  And I don't think you'll be able to do this on any shares held in a tax-advantaged account. That said, I'd recommend you go to the Investors sections of the company's website in question.  This will usually tell you who the registrar of the company's stock is, and if they offer any direct-purchase, or DRIP, programs.   You should find out from these contacts and program details how the direct program works and what it's costs are. I suspect, but have no firsthand knowledge that this will be true, that you'll end up with lower costs if you just sell the shares in your brokerage, take the cash out, send the cash to the registrar and re-purchase shares that way.   I say this only because I know, from inheritance situations, that de-registering stock cost me a $75 fee at my brokerage, whereas transactions at the registrar were $19.95. My answers to your direct questions: (Edited to fully answer the question with itemized answers.)"}
{"_id": "168006", "title": "", "text": "When we 'delta-hedge', we make the value of a portfolio 0.  No - you make the risk relative to some underlying 0.  The portfolio does have a value, but if whatever underlying you're hedging against changes slightly the value of your portfolio should not change. But, what is the derivative of a portfolio?  It's the instantaneous rate of change of the portfolio) relative to some underlying phenomenon.  With a portfolio of many stocks, there's not one single factor that drives the value of your portfolio. You have sensitivity to each underlying stock (price and volatility), interest rates, the market as a whole, etc. For simplicity, we might imagine a portfolio that has holdings in .... a call .... a stock .... and a bank account (to borrow and lend money).  You will have a delta relative to the stock and a delta relative to the underlying instrument on the option, etc.  Those can only be aggregated for each factor (e.g. if the call is an option on the same stock) Theta is the only one you can calculate for the portfolio as a whole - it will be the aggregate theta of all of your positions (since change in time is constant across all investments).  All of the others are not aggregatable since they are measuring sensitivities to different phenomena."}
{"_id": "168027", "title": "", "text": "Exactly what I\u2019m attempting to state is actually that lots of people who effectively master a distinct segment upon numerous web sites as well as Google Sniper 2.0 is among the best methods to possess individuals web sites setup as well as provide you with revenue which i have experienced."}
{"_id": "168036", "title": "", "text": "In 2011, General Re (owned by Berkshire Hathaway, Warren Buffet's company) reported over $28 billion in investments and cash, over $20B in underwriting reserves. That's one reinsurer. They'll sell investments, and hand out cash, and somehow that cash will end up in investments again. In a country with $15T GDP, it's not like the cash just isn't there.   Also, given the financial high cost to human cost ratio (billions in damage, few lives lost) they may play hardball on claims."}
{"_id": "168051", "title": "", "text": "\"There's an aspect to this question that I really love. In general, it's a question about consumer behavior that can be expanded to inquire about the purchasing profile of any luxury good. Who buys $500 pocketbooks, $1000 wristwatches, etc? I can offer one observation regarding the car. Two close neighbors, both couples drive cars valued well above what my wife and I drive. Both families moved, and shared with us that they failed to save for their kid's college tuition. My response was to feel that this was a choice they made. As I commented to my daughter, \"\"We can afford anything, we just can't afford everything.\"\" Our budget started with saving both for retirement and college. Very little eating out, and modest vacations, cars, and clothing. This story is getting more common for us as our peers have high school age children.  As others have mentioned, the millionaire next door does not drive a Ferrari or wear a Rolex. To some extent, if you were able to peek at the budgets of these car buyers, you'll find what members here would consider at best, an interesting set of priorities.\""}
{"_id": "168066", "title": "", "text": "\"Ah, I just read a fascinating comparison between *gambling, investing, and trading* on either /r/foodforthought, /r/depthhub or maybe /r/truereddit. It reminded me a lot of the \"\"investors\"\" in Trump's projects.   My take on it is anyone putting money into one of his projects does so with the awareness of his track record, and is simply playing the game at that level. If they somehow haven't protected themselves against the possible loss of their \"\"investment\"\", that would be as silly as failing to carry health/homeowner/vehicle insurance.   One obvious response is to sue, alleging that Trump is evil, and that he intentionally stole money from his hapless investors. Finance at that level is a strategy game. He happens to be a skilled player, and especially adapt at extracting himself from seemingly losing positions. Personally, I wouldn't play at his table.\""}
{"_id": "168080", "title": "", "text": "\"The reason for this is arbitrage. In an free and open market, investments that are certain to generate above-average profits would do so by being sold cheaply, while having a high return on investment after that. But in a free market, prices are set by supply and demand. There is a high demand and little supply for investments that would certainly outperform the market. The demand is in fact so high, that the purchase price rises to the point of eliminating that excess return. And with high-frequency automated trading, that price hike is instant. But who would even want to sell such guaranteed outperformers in the first place? Of course, there are uncertainties associated with stocks, and individual stocks therefore move independently. As \"\"the market\"\" is an average, some stocks will therefore beat the market over certain time periods. That's random statistical variation. The only realistic path to above-average returns is to accept higher risks. As discussed above, nobody wants to sell you safe bets. But risky bets are another matter. Different actors will price risk differently. If you aren't worried much about risk, you can pick up stocks that are cheap by your standards. That is possible only because such stocks aren't cheap by risk-averse standards.  Looking a bit deeper, we see that arbitrage works in a free market because there's essentially perfect information. But risk is precisely the absence of such information, and that can lead to price variations. Yet, as the lack of information means a lack of certainty, you can't use this to reliably beat the market.\""}
{"_id": "168089", "title": "", "text": "Well, it sucks that your landlord doesn't try to make you happier, and it doesn't sound like a very good place to live for very long.  But I don't really see reasons for getting pissed or calling him a slumlord - I mainly just see reasons to move out.    Really, what you've said is no reason to be pissed off at him.  He didn't build it?  Who the hell builds their own home or apt?  Maintains to the minimum required by the lease?  Well, that's certainly not the definition of a slumlord, and at least he's basically doing what is required.  It's nice if he does more, but as you said, he's doing what's required.  Upgrading falls into the last category... if he doesn't feel that it's worthwhile upgrading, why should he do it?  You know, just because he owns the place doesn't mean he's rich; he may be just getting by, and may need all his extra income to support his sick mother or something.  It's not fair to call someone like that a slumlord - maybe the ones you mentioned in Allston or Brighton are.  I don't think I've ever actually lived in any rental that was upgraded while I was living there.  And I usually didn't want to be bothered with it anyway.  As long as everything worked like it did when I moved in, that was all I wanted or expected."}
{"_id": "168101", "title": "", "text": "If you can afford the payments on a 10-year mortgage for a property, that's an indication that it's very affordable.  This assumes that there aren't a ton of hidden costs in this property (which could be why it's going so cheaply). Looking at more expensive houses just because you can afford them is exactly what the lenders want you to do, and it's dangerous.  Resist the temptation.  If you're happy, you're happy."}
{"_id": "168123", "title": "", "text": "\"It could be just as exploitable given the current system.  Also, who is this \"\"owner\"\"?  A large shareholder of a public corporation isn't just going to come into 16 houses.  There's a board of directors, and about a million other shareholders, including those in blackrock and vangaurd who have nothing to gain from allowing such corruption.  A private company's owner who decided to buy himself a house on the company's dime and not tell the IRS can do so at his peril regardless of tax policy.  I still don't understand the point.\""}
{"_id": "168130", "title": "", "text": "Capital International Business Center is one of the first business centers in Hong Kong that providing one-stop business services like temporary offices, meeting rooms, registration service, virtual office. The company is the first to receive an ISO9002 service quality certification in Hong Kong and one of the first to establish a full-service system."}
{"_id": "168136", "title": "", "text": "The screen copy talks about disablity, so if you want to cut your leg off or so, this would work. Otherwise, yes, you can retire anytime now. However, you can only get social security benefits after you turn 60, and it will not be much. So if you have enough money around to feed yourself till you turn 60, and thereafter want to live on the meager benefits, then you can retire now."}
{"_id": "168137", "title": "", "text": "During my time in the UK I've never seen saving bonds or other term deposit accounts that were not denominated in GBP. The obvious downside of converting the money into GBP would be that you're adding currency risk to the whole scenario. If the EUR appreciates against the GBP, you'll have to make up for that too, just to keep your nominal capital intact."}
{"_id": "168139", "title": "", "text": "\"In 2010, the Restore Online Shoppers' Confidence Act was passed, which prohibited certain activities, most of which had to do with online sites sharing your CC info with third parties.  However, the final part of the act deals with \"\"negative option\"\" marketing, which is basically what you're describing - \"\"We will charge you unless you say no\"\". It requires three components to allow a negative option: If you did not explicitly enroll in automatic payment, and made the initial purchase online (or made your most recent purchase online, I suspect) then it sounds like this was a violation of this act.  On the other hand, the act isn't terribly careful about defining terms, and is really quite vague in a lot of places, so it's possible they would argue they are not using a 'negative option' scheme but instead simply charging your bill similar to how your phone company might use autopay. If it was not online, then this probably doesn't apply.  Instead, the FTC's rule on Negative Option with regard to sale of goods applies.  Title 16 Part 425 covers this; this law is much less limiting as to what the marketer can do.\""}
{"_id": "168160", "title": "", "text": "Most pew refinishing projects also include refinishing altar furniture and other items throughout the church to match the refinished pews.Furniture pieces purchased over the years, many times in umatched colors, can be finished to match.Repairs, missing parts and pieces, upholstery and new matching furniture are also within our expertise."}
{"_id": "168191", "title": "", "text": "&gt;Historically successful for another country.  It has been the case for the entire rise of the industrial revoluttion and for all western economies, all the economies that have the highest standards of living in the history of the world.  So by that metric it is pretty successful.  Good luck with your strawmen."}
{"_id": "168226", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://medium.com/@simon.sarris/after-universal-basic-income-the-flood-217db9889c07) reduced by 97%. (I'm a bot) ***** &gt; We have at least hints from current behavior that UBI may be fundamentally attacking the wrong problem and I think many UBI advocates under-appreciate this.  &gt; If the total UBI system cost as a percent of tax receipts becomes large, UBI may preclude these things from ever being built.  &gt; I have a big list of pro/con worked out for Basic Jobs/Agriculture, which will eventually be Part 2.I would be happy to read any thoughts, especially about uncommon UBI plusses or alternatives.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/788a7w/after_universal_basic_income_the_flood/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233563 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **UBI**^#1 **people**^#2 **money**^#3 **more**^#4 **problem**^#5\""}
{"_id": "168233", "title": "", "text": "We've had a Costco membership for at least 15 years and only buy a few things there: paper goods (t.p. and paper towels), laundry detergent, and the contents of food bags my wife assembles to hand out to people who look like they could use some sustenance -- peanuts, Slim Jims, granola bars, peanut-butter crackers, etc.  We shop there *maybe* twice a month, tops."}
{"_id": "168238", "title": "", "text": "Here is the derivation of the formula, with The loan is equal to the sum of the repayments discounted to present value."}
{"_id": "168278", "title": "", "text": "because it cost the insurer more, obviously. while this sounds snarky, it's important to realize that actual insurance companies set their insurance rates based on actual historical costs. for some reason people who report low miles have cost the company more dollars per reported mile than people who report high miles. in that sense, insurance is not overpriced. if it were truly overpriced, then an insurer would specialize in such insurance and make a killing on the free market. the more interesting questions is why do drivers who claim to travel very few miles cost the insurance companies so much per mile? that question has a host of possible answers and it's difficult to say which is the largest cost. here are just a few:"}
{"_id": "168283", "title": "", "text": "a typical debit card is subject to several limits:"}
{"_id": "168301", "title": "", "text": "Really a very straightforward situation, and subsequently, answer.  Call the university pursors that you normally deal with, ask them to document the last 3 months of disbursements and highlight the incorrect one(s). If the money is already spent out, ask them if they can apply it to future disbursements via adjusting entries, and call it a day.  If not, and you CAN pay it back, go to your bank and ask them to figure it out...which they should be able to do, having the original sender's info."}
{"_id": "168315", "title": "", "text": "Assuming that the financial system broke down, not enough supply of essential commodities or food but there is political and administrative stability and no such chaos that threatens your life by physical attacks.  The best investment would then be some paddy fields, land, some cows, chickens and enough clothing , a safe house to stay and a healthy life style that enables you to work for food and some virtue at heart and management skills to get people work for you on your resources so that they can survive with you (may be you earn some profit -that is up to your moral standards to decide, how much). It all begins to start again; a new Financial System has to be in place\u2026.!"}
{"_id": "168320", "title": "", "text": "\"A few years ago our company switched from Fidelity to a different 401k provider. During the blackout transition, nearly every employee lost a considerable amount of money. The \"\"Trustee\"\" advised us that during the blackout he had a right to invest the funds and that the investments lost money.\""}
{"_id": "168329", "title": "", "text": "Westgate properties are also hotels, so you may have.    I have been reading through pages of these complaints all day.  It's amazing that people will sign these contracts without reading them first, instead believing what they are told by a high-pressure salesman.  Seems like you would do a little research before spending tens of thousands of dollars.  But that in no way excuses the tactics of Westgate.  It's amazing that they have been operating like this for so long."}
{"_id": "168344", "title": "", "text": "Getting to know business associates, family members, and friends of your those 30 high net-worth clients would be a good way to go. I feel mid-career folks are an untapped market. Consider the present value of any younger clients before you dismiss them because they are below the threshold. A 30 year old professional with only $100k may be more valuable than a 75 year old with $250k. Good luck."}
{"_id": "168345", "title": "", "text": "In the case of HP, in the early to mid 1990's they had done really well, but by the late 90's the board and shareholders wanted to see even more profits thanks to the internet boom. They ousted their CEO Platt, who rose through the HP ranks, brought in Fiorina who was from AT&amp;T (old Long Distance AT&amp;T not the SBC/Cingular one we have now), who over-promised and never delivered and basically forced HP in buying Compaq which nearly destroyed HP.  The only reason why HP is still around today is thanks to its business line of workstations and printers. The company made many bad decisions during Fiorini tenure which was amazing that anyone trusted her, but I'm guessing she was great at hissy fits. Somehow she has made a name for herself and is now trying politics and her type of leadership fits perfectly with the current republican party."}
{"_id": "168347", "title": "", "text": "I was going to comment above, but I must have 50 reputation to comment. This is a question that vexes me, and I've given it some thought in the past. Morningstar is a good choice for simple, well-organized financial histories.   It has more info available for free than some may realize.  Enter the ticker symbol, and then click either the Financials or the Key Ratios tab, and you will get 5-10 years of some key financial stats.  (A premium subscription is $185 per year, which is not too outrageous.) The American Association of Individual Investors (AAII) provides some good histories, and a screener, for a $29 annual fee. Zacks allows you to chart a metric like EPS going back a long ways, and so you can then click the chart in order to get the specific number.  That is certainly easier than sorting through financial reports from the SEC.  (A message just popped up to say that I'm not allowed to provide more than 2 links, so my contribution to this topic will end here.  You can do a search to find the Zacks website.  I love StackExchange and usually consult it for coding advice.  It just happens to be an odd coincidence that this is my first answer.  I might even have added that aside in a comment, but again, I can't comment as of yet.) It's problem, however, that the universe of free financial information is a graveyard of good resources that no longer exist.  It seems that eventually everyone who provides this information wants to cash in on it.  littleadv, above, says that someone should be paid to organize all this information. However, think that some basic financial information, organized like normal data (and, hey, this is not rocket science, but Excel 101) should be readily available for free.  Maybe this is a project that needs to happen.  With a mission statement of not selling people out later on. The closest thing out there may be Quandl (can't link; do a search), which provides a lot of charts for free, and provides a beautiful and flexible API.  But its core US fundamental data, provided by Sharadar, costs $150 per quarter.  So, not even a basic EPS chart is available there for free. With all of the power that corporations have over our society, I think they could be tabulating this information for us, rather than providing it to us in a data-dumb format that is the equivalent of printing a SQL database as a PDF!  A company that is worth hundreds of billions on the stock market, and it can't be bothered to provide us with a basic Excel chart that summarizes its own historical earnings?  Or, with all that the government does to try to help us understand all of these investments, they cannot simply tabulate some basic financial information for us? This stuff matters a great deal to our lives, and I think that much of it could and should be available, for free, to all of us, rather than mainly to financial professionals and those creating glossy annual reports. So, I disagree that yet another entity needs to be making money off providing the BASIC transparency about something as simple as historical earnings. Thank you for indulging that tangent.  I know that SE prides itself on focused answers.  A wonderful resource that I greatly appreciate."}
{"_id": "168348", "title": "", "text": "http://en.m.wikipedia.org/wiki/Port_Authority_of_New_York_and_New_Jersey  Above is the long history but no it's not the city of Ny. It's basically it's own entity that was given the right to collect tolls on certain nj/ny crossings, ports, airports. They also have to provide the security through their police force."}
{"_id": "168352", "title": "", "text": "What's the point of commenting on a down voted thread anyway? There is no agreed upon cut-off for Gen X. You could make an argument that anyone over 40 and under 60 is Gen X.   The point is that Gen X is not some hapless victim in this crisis. Many of the mid-level executives and managers responsible for mortgage fraud, derivatives fraud and all levels of financial abuse are members of Generation X.  What generation is the London Whale? How about Blythe Masters?  You Gen X'ers really got a sore spot, huh? Couldn't have had anything to do with you. Just hapless victims of generational warfare.  Don't worry. You get first dibs at taking the helm of the sinking ship. Just have to pry the Boomers cold dead hands off the wheel first."}
{"_id": "168355", "title": "", "text": "T\u1eeb thuy\u1ebft \u00c2m D\u01b0\u01a1ng, JIMMY x\u00e2y d\u1ef1ng l\u00fd thuy\u1ebft th\u1ecb tr\u01b0\u1eddng \u0111\u1ed1i x\u1ee9ng, t\u1ea1m g\u1ecdi l\u00e0 l\u00fd thuy\u1ebft JIMMY  Gi\u1ea3 \u0111\u1ecbnh: T\u1ea5t c\u1ea3 c\u00e1c y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng \u0111i\u1ec1u \u0111\u01b0\u1ee3c \u1ea3nh \u00e1nh ho\u00e0n to\u00e0n v\u00e0o gi\u00e1 th\u1ecb tr\u01b0\u1eddng. Ta s\u1ebd c\u00f3 nh\u1eefng y\u1ebfu t\u1ed1 sau: - V\u00f9ng gi\u00e1 \u0111\u1ec3 tham gia th\u1ecb tr\u01b0\u1eddng (trong 1 giai \u0111o\u1ea1n: 1 ph\u00fat, 1 gi\u1edd, 1 phi\u00ean, 1 ng\u00e0y, 1 tu\u1ea7n, v.v\u2026) ch\u1ee7 y\u1ebfu l\u00e0 d\u1ef1a v\u00e0o t\u00e2m l\u00fd c\u1ee7a th\u1ecb tr\u01b0\u1eddng. T\u1eeb y\u1ebfu t\u1ed1 t\u00e2m l\u00fd n\u00e0y m\u00e0 th\u1ecb tr\u01b0\u1eddng h\u00ecnh th\u00e0nh n\u00ean nh\u1eefng v\u00f9ng gi\u00e1 kh\u00f3 ph\u00e1 v\u1ee1 (v\u00f9ng c\u1ea3n xu h\u01b0\u1edbng). - Tr\u01b0\u1edbc khi th\u1ecb tr\u01b0\u1eddng \u0111i theo 1 xu h\u01b0\u1edbng nh\u1ea5t \u0111\u1ecbnh \u0111\u1ec1u ph\u1ea3i tr\u1ea3i qua 1 qu\u00e1 tr\u00ecnh t\u00edch l\u0169y (side way) trong 1 bi\u00ean \u0111\u1ed9 h\u1eb9p v\u00e0 h\u00ecnh th\u00e0nh n\u00ean nh\u1eefng m\u00f4 h\u00ecnh (\u0111\u1ea3o chi\u1ec1u ho\u1eb7c ti\u1ebfp di\u1ec5n). Th\u1eddi gian t\u00edch l\u0169y c\u00e0ng l\u00e2u th\u00ec xu h\u01b0\u1edbng c\u00e0ng m\u1ea1nh v\u00e0 c\u00f3 gi\u00e1 tr\u1ecb giao d\u1ecbch t\u1ed1t h\u01a1n.  \u1ee8ng d\u1ee5ng: - M\u1ee5c ti\u00eau (target) c\u1ee7a 1 xu h\u01b0\u1edbng c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u00ednh l\u00e0 \u0111\u1ed9 r\u1ed9ng c\u1ee7a qu\u00e1 tr\u00ecnh t\u00edch l\u0169y c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 \u0111\u1ed1i x\u1ee9ng nhau qua v\u00f9ng c\u1ea3n xu h\u01b0\u1edbng. Nh\u01b0 v\u1eady, v\u00f9ng gi\u00e1 k\u1ef3 v\u1ecdng c\u1ee7a V\u00e0ng n\u0103m 2012 \u0111\u01b0\u1ee3c t\u00ednh to\u00e1n theo l\u00fd thuy\u1ebft \u0111\u1ed3i x\u1ee9ng l\u00e0 v\u00f9ng gi\u00e1 xung quanh di\u1ec3m xoay 2499 usd/ounce khi gi\u00e1 V\u00e0ng b\u1ee9c ph\u00e1 v\u00f9ng c\u1ea3n xu h\u01b0\u1edbng \u0111\u01b0\u1ee3c h\u00ecnh th\u00e0nh \u1edf gi\u00e1 1920(ng\u00e0y 6-09-2011) v\u00e0 gi\u00e1 1790(ng\u00e0y 29-2-2012)"}
{"_id": "168359", "title": "", "text": "It's a fact that all vehicles when voyaging will in conclusion advance toward getting to be junk cars. On occasion vehicle early are pounded, or experience manager engine brothers, and end up as a protect auto in an auto commemoration stop. A gathering is on compelled finances and having some mechanical farthest point could greatly get from taking up a project vehicle. Others, who may have a vitality in bringing back an auto, can find broaden vehicles at an auto yard. They can offer you best money for Cars Company."}
{"_id": "168382", "title": "", "text": "\"In one personal finance book I read that if a company is located in a country with credit rating X it can't have credit rating better (lower - i.e. further from AAA level) than X. This is simply wrong. Real world evidence proves it wrong. Automatic Data Processing (ADP), Exxon Mobile (XOM), Johnson & Johnson (JNJ), and Microsoft (MSFT) all have a triple-A rating today, even though the United States doesn't. Toyota (TM) remained triple-A for many years even after Japanese debt was downgraded. The explanation was the following: country has rating X because risk of doing business with it is X and so risk of doing business with any company located in that country automatically can't be better than X. When reading financial literature, you should always be critical. Let's evaluate this statement. First off, a credit rating is not the \"\"risk of doing business.\"\" That is way too generic. Specifically, a credit rating attempts to define an individual or company's ability to repay it's obligations. Buying treasuries constitutes as doing business with the gov't, but you can argue that buying stamps at USPS is also doing business with the gov't, and a credit rating won't affect the latter too much.  So a credit rating reflects the ability of an entity to repay it's obligations. What does the ability of a government to repay have to do with the ability of companies in that country to repay? Not much. Certainly, if a company keeps it's surplus cash all in treasuries, then downgrading the government will affect the company, but in general, the credit rating of a company determines the company's ability to pay.\""}
{"_id": "168392", "title": "", "text": "Get top class wedding and prom party bus rental services in MN at twincitiespartybusmn.com. We have well trained staffs who will assist you in booking your schedule. Our Party buses are the first choice of the couples for special occasions &amp; important event! Feel free to contact us for any query!"}
{"_id": "168402", "title": "", "text": "\"I am in a different situation, because I earn more than I spend, but I have found that I need to make the money inaccessible if I want to really avoid spending it.  I used to just throw my paychecks into a high-yield savings account, but eventually the balance was large enough that a \"\"large purchase\"\" didn't seem like \"\"that much\"\" (because I would have had so much left in the account after the purchase).  It was way too easy for me to spend way too much. Now, I invest my savings automatically.  The obvious benefit is my money has a much higher growth rate than a simple savings account (especially with fed interest rates so low).  I invest most of my savings in 401(k)/IRA retirement accounts, where there are severe penalties for withdrawing prior to retirement age.  Then, I invest a significant portion to a regular brokerage account, where the money is invested in stock and bond funds.  This money is accessible within a few days of whenever I need it.  The remainder of my savings goes into a savings account as cash I can get to at any time.  All 3 accounts grow with every paycheck (market fluctuations aside).   This 3-tiered system helps me to categorize my savings as \"\"Never, ever touch\"\" (retirement accounts), \"\"Touch, only if I can wait 3 days and am willing to pay taxes\"\" (brokerage account), or \"\"touch whenever you need it, with no penalties\"\" (Savings account).  If my savings account grows too much, I'll move money from there to the brokerage account (where it has more growth potential).  The longer my money is invested in the brokerage accounts, the less taxes I'll need to pay when I sell/withdraw the funds, so that's even more incentive for me to keep those funds where they are. I have credit cards, so in my opinion, having to wait 3 days for funds from my investment account to become accessible is considered \"\"accessible in an emergency,\"\" because my credit cards can be used to cover a large purchase for 3 days, and as long as I pay it off within the grace period, there's no interest charged. tl;dr investing is probably the smartest way to both grow your money and prevent the urge to spend it right away.  My advice is to start with a 401(k) or IRA as soon as you can, since the younger you are, the more time until retirement that your money has to compound.  Investing $100 more a month can mean hundreds of thousands of additional dollars in your account when you're ready to retire.\""}
{"_id": "168433", "title": "", "text": "If you are looking for professional epoxy coating repair solutions then just get in touch with a poplar company. Such companies can help fix your epoxy floors and make use of the highest quality products to ensure long lasting usage."}
{"_id": "168440", "title": "", "text": "No. And I'll let my good friend and fellow blogger Kay Bell answer in some detail, in her article Deducting private mortgage insurance."}
{"_id": "168444", "title": "", "text": "I understand where you're coming from but you're mostly just quoting the plaintiff's attorney. That's not going to be the source of unbiased information. Furthermore, I don't trust general news sources when it comes to complex financial reporting. I don't really even trust business journals as they are mostly filled with j degrees without real experience. Bankruptcy cases can get very complex and unpredictable because judge's have significant leeway; you really need to read the case opinion to see what really went down. I work in finance and deal with bankruptcies on a semi-regular case. I am on the buy side (the side that would be screwed in cases like this) so my inherent bias goes your way against poor management.   If this guy actually moved assets from company 1 to company 2 at a non-arms length transaction then that is misconduct and assets can be recovered from company 2 usually. If Learning Annex was pari passu with Robert and he pulled dividends out to himself, that is misconduct that will be punished by a bankruptcy court. If he did these things they are not smart business practices, and will be punished.  Your condescension does not help your case. I most likely know far more about this topic than you, as I have seen the nuances corporate bankruptcies take on in the real world. I just don't trust grossly oversimplified reporting in a case that is ongoing."}
{"_id": "168453", "title": "", "text": "i would recommend that you establish a landlord/tenant relationship instead of joint ownership (ie 100% ownership stake for one of you vs 0% for the other). it is much cleaner and simpler.  basically, one of you can propose a monthly rent amount and the other one can chose to be either renter or landlord. alternatively, you can both write down a secret rental price offer assuming you are the landlord, then pick the landlord who wrote down the smaller rental price.  if neither of you can afford the down payment, then you can consider the renter's contribution an unsecured loan (at an agreed interest rate and payment schedule). if you must have both names on the financing, then i would recommend you sell the property (or refinance under a single name) as quickly as possible when the relationship ends (if not before), pay the renter back any remaining balance on the loan and leave the landlord with the resulting equity (or debt).  in any case, if you expect the unsecured loan to outlive your relationship, then you are either buying a house you can't afford, or partnering on it with someone you shouldn't."}
{"_id": "168480", "title": "", "text": "&gt;The EOL cycle has really sped up - it used to be you could buy a fighter jet or a transport and use it for 25 years before worrying about replacing it with the latest and greatest. Now, the latest and greatest are still on the ground before they're obsolete.  I disagree with that / think it's the other way around. The F-35 for example is currently programmed to continue flying until 2070, with each jet lasting &gt;30 years or &gt;8000FH without any life extensions (the F-22 was also overbuilt and is good for over 12,000 flight hours and will serve at least into the 2040s); previous jets were generally only built to (originally) last 4000 or 6000 flight hours, equating to 15 or 20 years of use. They've since had to receive service life extensions as the Cold War ended and a bunch of their replacements failed to materialise or were delayed (the A-12 Avenger was cancelled because it wasn't as stealthy as planned and was massively overweight, the F-22 was delayed and had its production run cut short, the F-35 was also delayed, but has yet to be cut back).  OP's title is (unsurprisingly considering it's Russian state media) incorrect - out of the current 250 or so F-35s, about 108 need upgrades to bring them to their final setup. The Pentagon is considering not giving them upgrades, not due to cost (it's only a few million per jet on average; way cheaper than buying 108 new jets), but because the depots and factories that would perform the upgrades are at / near capacity pumping out new jets.  *If* the Pentagon decides not to upgrade those jets (like it decided not to for early F-16s, F-15s, F/A-18s, F-22s, etc) then they'll largely be staying where they are, continuing to be training or test aircraft (the jets in the actual combat-ready squadrons are already upgraded); at no point have Pentagon officials suggested actually retiring them."}
{"_id": "168484", "title": "", "text": "\"I don't know why you shut it down from a C&amp;D letter. If anything you should have seen it as them asking you to remove his name and any trademarks from your site.  They don't own \"\"fuck you\"\" being printed on clothes. Sounds like you pulled the trigger too quick. Bet there was plenty of money to still be made with that site. Maybe someone more resilient will pick up the torch.\""}
{"_id": "168513", "title": "", "text": "I agree with JohnFx on that not being about saving money and being a publicity stunt.  But I also the main benefit of it is raising awareness of environmental issues and a incentive to saving electricity."}
{"_id": "168516", "title": "", "text": "\"&gt;&gt;Government has been providing entitlements for 300 years in our shared Commonwealth heritage.   Magnitude is important, to say that entitlements to the current degree have been going in for 300 years contiguously is just wrong. Also, note the family's legal obligation to provide care first in one of the examples they expanded upon.   &gt;&gt; Government is accountable, made of Individuals, and has made real gains in providing access to the American dream since 1929.  Hows that accountability working out for ya? So you can just ignore the first 150 years or so? Thank God FDR saved us from ourselves with the new deal.   &gt;&gt;You're defense of this neoliberalism or Whatever is not supported by comparative history or data and is pure ideology, much like your interpretation of Christianity.  Pure ideology? If you can't even name that ideology \"\"or whatever\"\" and then proceed to characterize me as an idealougue is simply laughable. Lol\""}
{"_id": "168530", "title": "", "text": "\"I spent some time searching, and couldn't find the answer written explicitly in IRS regulations.   What I did find was this chart from the irs showing that nonqualified distributions from a Roth 401k are pro-rated between contributions and earnings.  It is well documented that you can't withdraw any money early or tax free (even contributions) from a Roth 401k (\"\"Designated Roth Account\"\" in IRS parlance) that has made any money. source You can do a direct rollover from a \"\"Designated Roth Account\"\" to a Roth IRA and the basis  describing contributions vs. earnings is preserved. source And there is plenty of evidence showing you can withdraw contributions from a Roth IRA without penalty. source All that being said, I can't find anything from the IRS that says this is a legitimate strategy.\""}
{"_id": "168561", "title": "", "text": "On my quarterly statement and the 401K plan website I can see the vesting for various categories. They total all these up and report the total balance and the vested balance. If I do the math I discover that the vested balance is equal to A + B + D + (60% of C) For my company at least, if I was to leave now I would get 60% of the Company match, which does include significant gains. This document for the Department of Labor discuss many aspects of 401K plans including vesting. In a defined contribution plan such as a 401(k) plan, you are always   100 percent vested in your own contributions to a plan, and in any   subsequent earnings from your contributions. However, in most defined   contribution plans you may have to work several years before you are   vested in the employer\u2019s matching contributions. (There are   exceptions, such as the SIMPLE 401(k) and safe harbor 401(k), in which   you are immediately vested in all required employer contributions. You   also vest immediately in the SIMPLE IRA and the SEP.) Currently, employers have a choice of two different vesting schedules   for employer matching 401(k) contributions, which are shown in Table   2. Your employer may use a schedule in which employees are 100 percent vested in employer contributions after 3 years of service (cliff   vesting). Under graduated vesting, an employee must be at least 20   percent vested after 2 years, 40 percent after 3 years, 60 percent   after 4 years, 80 percent after 5 years, and 100 percent after 6   years. If your automatic enrollment 401(k) plan requires employer   contributions, you vest in those contributions after 2 years.   Automatic enrollment 401(k) plans with optional matching contributions   follow one of the vesting schedules noted above."}
{"_id": "168565", "title": "", "text": "&gt; his wealth will be sold, liquidated  My main interest is where will the proceeds go to? To public coffers? I don't think so. It will most likely go to charity foundations or funds run by their offsprings and relatives.   Hasn't Facebook guy said the same thing?"}
{"_id": "168582", "title": "", "text": "\"I'm not saying necessarily arguing with the idea that chasing prestige is a mistake, but the way that this is argued within this article is fundamentally flawed. The author even says \"\"Fuck prestige, get money\"\" at the end - this is entirely the 'wrong' mindset. One of the worst things you can do in your career is chase dollars early on without considering what you actually want to spend your life doing. Many savvy people would work at McKinsey for free if they could include it in their resume - these are the kinds of jobs that set you up with skills and opportunity for a long, long time.  At any rate, prestige early on will open a lot of doors later in your career. Even if your dreams are entrepreneurial, you'll go from being \"\"a guy starting a company\"\" to a \"\"an ex Goldman Sachs executive launching exciting new startup\"\".  A career is a marathon, not a sprint.\""}
{"_id": "168592", "title": "", "text": "So, if we can't trust people to know what they want, who makes the decisions about what they should have, and what gives them that right?  I'm not suggesting environments don't play a role in human development, I'm suggesting that people need to learn to deal with the realities of their environments as part of their character growth. When you say that not being able to resist buying skittles is a serious problem, while there are still people living on the streets, I think you need some perspective.  I'd wager that what you're seeing as you get older is the poverty trap, which is a real problem, but which is caused by barriers to expanding earnings much more than by irrational spending (though it is a factor).  As for the insult, that's the impression your arguments gave, and I'd still like to know whether you believe you yourself need to be protected from these marketing practices, or you only feel that this is only necessary for others (implying they are somehow your inferiors in their ability to self-manage)."}
{"_id": "168599", "title": "", "text": "Every organization is built on teamwork. So knowing your team mates is crucial. Insist on informal introductions which help your team member openly talk about who they are as people, what they like and don't. Getting to know them at a slightly more personal level helps them warm up to you as a leader."}
{"_id": "168613", "title": "", "text": "You are not actually entitled to any raise at all, unless you had something contractually (legally binding) which made that so. I'm answering this from the UK, but it has been common practice for people over the last 10 years or so to receive no yearly raise, in some sectors. This is what I would consider a bad raise - if wages are not kept in line with inflation, you are effectively earning less every year. In this regard I would not work for any employer who did not offer an annual raise that was at the very least covering the rate of inflation (these rates are easy to find in your country by Googling it). In terms of a standard raise, I would argue there is no such thing. This depends on the industry/sector you work in, your employers opinion of your performance (note I've used the word opinion because sometimes you may think the effort you put in is different to what they think - be prepared to give evidence of what you've achieved for them, with things to back it up). A good raise is anything which is way above a standard raise. Since there is no concise definiton of a standard raise, this is also hard to quantify. As others have mentioned do not stay in a role where you are not being given a raise that covers inflation, because it means every year you have less purchasing power, which is akin to your salary going down. It's very easy to justify to an employer you're leaving - and indeed one you're going to - why you're making the move under these conditions."}
{"_id": "168617", "title": "", "text": "It's a good city. Better than I remembered from when I was younger. Went back a couple times this year and really enjoyed it. Lots of stuff open pretty late, and they have built up their bicycle lanes and public bike program to get around. Lots of art galleries (I went for a project I had in a gallery) and enough counterculture that no matter what you are into you will find something you like.   I probably wouldn't want to live there though. I like my smaller cities I think."}
{"_id": "168628", "title": "", "text": "Buy something from Nordstrom, then return it and ask for cash. They may ask for your ID.  Nordstrom's return policies are very lax and they will almost always give cash when asked for, sometimes even if you don't have the receipt."}
{"_id": "168639", "title": "", "text": "Contrary to what other people said I believe that even without leverage you can lose more that you invest when you short a FX. Why? because the amount it can go down is alwasy limited to zero but it can, potentially, go up without limit.  See This question for a mored detailed information."}
{"_id": "168642", "title": "", "text": "Here is a list of European ETFs you can buy in Europe:  iShares Europe and DB x-Trackers. Both offer ETFs for Spanish citizens.  Regarding your question in your comment on if you could buy Austrian ETFs as a Spanish citizen: If your broker offers Austrian ETFs you can buy them as well. I do not believe that there would be any legal restrictions.  For a good international broker, which would allow you to buy these ETFs I would recommend looking at Interactive Brokers.com"}
{"_id": "168657", "title": "", "text": "Managing Director, Nathaniel Hamilton, is a specialist in property management and Residential Tenancy Act consultancy. In the past twelve months Meth Testing New Zealand has overseen more than 3500 meth tests and been involved in multiple Tenancy Tribunal cases as an expert witness."}
{"_id": "168667", "title": "", "text": "If you don't have a bank account then open one and use the check as your opening deposit.  You'll need to obtain a Social Security card as well (you didn't indicate you have one or not, so I'll assume you don't), but they're free and quick to apply for.   I assume you're from Washington state, so there should be no problem with you opening an account in Washington, no matter where the check is from.  Because of the amount of the check, the bank will probably only let yo have a part of the amount for a few days until it clears, but federal banking rules require quick clearance of out-of-state checks (I think it's 48 hours now), so you'd have access to at least half of the money right away and the rest in a few days."}
{"_id": "168668", "title": "", "text": "When you say consumer, my understanding of GE is that it is an industrial company -- very little of what they do now is consumer facing.   My experience is a few years old - I did work with GE Water, which is now GE Power and Water.  If you want my take, it is Immelt leaving and Flannery putting up a low water mark so he can 'paint the tape' in future years.  IMO Immelt wasn't a bad CEO, but he had decades of Welsh balance sheet to clean up"}
{"_id": "168675", "title": "", "text": "While losing market share. That's the required context to understand why their model isn't working.   Price hikes reduced their losses but people still jumped ship. Their top line growth is a result of market growth and not competitive growth as a company."}
{"_id": "168677", "title": "", "text": "No no no, the stock market is always going up, so OP just needs to lever up by writing a bunch of put options on the S&amp;P 500. I mean it hasn't had a serious drop in like a year, it's basically free money, right?  (But seriously, OP, 100% safe 4% returns are unrealistic unless you're an arbitrage genius)."}
{"_id": "168679", "title": "", "text": "One explanation is that movie patrons are considering their total willingness to pay for the movie experience so that if the ticket price plus the market price of popcorn is less than their willingness to pay (WTP), the theater has an opportunity to extract more consumer surplus by charging higher than market prices for the popcorn (that is, price discrimination). There is a working paper on the subject by Gill and Hartmann (2008), the abstract of which reads: Prices for goods such as blades for razors, ink for printers and concessions at movies are often    set well above cost.  Theory has shown that this could yield  a profitable price discrimination    strategy often termed \u201cmetering.\u201d  The idea is that a customer\u2019s intensity of demand for    aftermarket goods (e.g. the concessions) provides a meter of how much the customer is willing to    pay for the primary good (e.g. admission).  If this correlation in tastes for the two goods is    positive, a high price on the aftermarket good allows firms to extract a greater total price    (admissions plus concessions) from higher type  customers.  This paper develops a simple    aggregate model of discrete-continuous demand to motivate how this correlation can be tested    using simple regression techniques and readily available firm data.  Model simulations illustrate    that the regressions can be used to predict whether aftermarket prices should be above, below or    equal to their marginal cost.  We then apply the approach to box-office and concession data from    a chain of Spanish theaters and find that high priced concessions do extract more surplus from    customers with a greater willingness to pay for the admission ticket.  Locay and Rodriquez (1992) make a similar argument in a JPE article.  They essentially argue that purchases of things like movie tickets are made by groups; once individuals are constrained by the group's choice, the firm has additional market power: We present models in which price discrimination in the context of  a   two-part price can occur in some competitive markets. Purchases  take   place in groups, which choose which firms to patronize. While  firms   are perfectly competitive with respect to  groups, they have  some   market power over individual consumers, who are constrained  by their   groups' choices. We find that firms will charge an entry fee  that is    below marginal cost,  and  the  second part of  the  price is  marked   up  above marginal cost. The  markup not only is positive  but   increases with the quality of the product. The quote you are looking for is similar, and again attributes the discrepancy to price discrimination.  From the Armchair Economist (p. 159): The purpose of expensive popcorn is not to extract a lot of money from   customers. That purpose would be better served by cheap popcorn and   expensive movie tickets. Instead, the purpose of expensive popcorn is   to extract different sums from  different customers. Popcorn lovers,   who have more fun at the movies, pay more for their additional   pleasure. That is, some people like popcorn more than others.  The latter idea is that the movie experience for popcorn lovers is worth more than the sum of its parts: that a movie ticket + popcorn is worth more than either of them separately for some people."}
{"_id": "168688", "title": "", "text": "The phone is getting a relaunch as Ice, and Amazon has never had a rocket. If you are referring to Blue Origin, a seperate Bezos company, they are doing quite well, comparable to where SpaceX was three to four years ago.  Did you ask for any particular reason?"}
{"_id": "168703", "title": "", "text": "I wouldn't call it apples and oranges.  This is literally an opportunity cost calculation.  You can safely assume S&P500 will perform at least 11% over any 10 year period.  Since failing companies are delisted and replaced with new growing companies, the market should continue to grow.  No, it's not guaranteed.  Lets use an aggressive number for inflation, 4%, leaving a 7% ROR estimate for S&P500.  I assume OP has better credit than me, assume a rate around 3.5%.  So it looks like net 3.5% ROR.  The PMI erases that.  You have to continue paying it until you pay off the loan.   Put 20% down, get a 15 year fixed at lowest rate.  Pay it off quicker."}
{"_id": "168705", "title": "", "text": "You can do some very crafty hedging with the variety of options.  For instance, deep out of the money options are affected more by changes of market volatility, knowing this you can get long or short vega very easily, as opposed to necessarily betting on changes in the underlying asset."}
{"_id": "168715", "title": "", "text": "Ok so what they list as failures are:  1. HP killing off webos and almost getting out of the next to 0 margin pc manufacturing business. This is only a failure if you think WebOS had a chance against apple, google and even blackberry, and if you think selling Yet Another China Built Laptop is a good business model.   2. Netflix raising its prices and trying to kill off its barely profitable(loss-making?) DVD business. Price increase was probably a bad idea, but the DVD thing is a good long term decision since let's be real here, DVD is fucking dead.  3. Killing Flip. Probably a good idea seeing as everyone suddenly had HD capable phones. Yeah, probably a bad idea to buy it in the first place, but at least they're not sunk cost fallacy'ing over it.   And the MBAs were right. Perfect is the enemy of good. Name one fucking ground breaking gadget that wasn't broken as fuck on release. Remember the iPhone 1? That thing was a fucking turd. iPhone 4? Barely capable of taking a phone call. The first Macbook Pros? Shit chipset that had a tendency to overheat and melt. And those are products from the God Emperor of gadgets.   Actually, all you need to know about the author is this:  &gt;I\u2019ve never worked a 9-to-5 job"}
{"_id": "168729", "title": "", "text": "I think he means theme parks in general.  There used to be a competitor in Palos Verdes: [Marineland](https://en.wikipedia.org/wiki/Marineland_of_the_Pacific), which closed in 1987, when I was 15.  We went there all the time.  Beautiful location and a lot of fun.  My favorite part was a swim-through aquarium.  Loads of fish and even some non-aggressive sharks were in there.  You'd get a mask and a snorkel and could swim through.  Wonderful experience and a shame it's gone."}
{"_id": "168742", "title": "", "text": "&gt;neuroscientists and engineers are joining forces  It's about bloody time. I feel like I've been watching a dumb romantic comedy where a couple that was obviously made for each other is kept apart by almost willful stupidity."}
{"_id": "168791", "title": "", "text": "Ask any successful person, what's more important, time or money, they'll all say the same thing--time. One can always make more money, but you'll never get the time back you invest. Now, would YOU rather invest 40 hours of your time at $13, or 30 hours of your time at $15. Tell me what's asinine. Choosing to give up your time for less dollars per hour or more?"}
{"_id": "168796", "title": "", "text": "From your question and how you have framed it, I get you find Agressive Sales tactics disturb the buying process for you. ;) I understand because I also find the whole process of Research / Negotiating / Buying / Owning / Using is all on one continuum, so anything that ruins the process will likely lose the sale or enjoyment of the item, at the end of the day.  [Very long answer .... Sorry :) ] The answer to this is to KNOW what you want before you have to deal with the Sales people. A good Sales person likes a customer who knows what they want. I would suggest that you follow my 'Buying Process' (Much you have already done) : Before you Buy: Identify the item you want and the max/min 'realistic' price you  would buy at. [Stick to this price else 'Buyers Remorse' may bite  later.] Write the questions you have down on paper before you visit the    Dealer. Write the answers you want on the same list, if known. Decide which questions are most important and therefore must get the  answer you want. These should be the questions you ask first. Mark  these on the list. Re-visit points 1-3 are they complete and to your satisfaction ? Would you buy if all the answers & the price are right ? If NO then re-visit point 1-3 else you are not ready to buy now !!! If YES then Organise your visit to the Dealer. [Book appointment etc if needed.] At Dealer: Meet your Sales person and clearly state what you want (the item) and importantly when you intend to buy, if all your questions are answered to your satisfaction.  There is no need to discuss price at this point as the 'haggling' is only possible IF the questions are answered to your satisfaction. Do not give information such as your maximum budget or similar requests, as they give the sales person the upper hand to maximise his/her pricing.  If asked state that your budget is conditional on the answers you get. As the questions are answered assess the answer and assign +/- to the question on your list. If any of your most critical / important questions are answered in the negative, they are the reasons you have to call it a day and walk out. You can assess whether they are worth ignoring but you will need to factor this into your price and if you have identified your questions correctly there should be little room for debate. Assuming you have got all your questions answered you should know what you are buying and have assessed what is a reasonable price for it, if you still want it as this point.  If you have lost interest, say so and let the Sales person go. Don't waste their time. They may make some sort of offer to you BUT don't forget that if you have doubts now they will not go away easily no matter what the 'great' price is. If you want it then continue. Buying your Item: [None of the following is really usefull if you have told the Sales person your Budget, as they will be aiming for the highest end of your budget. You will often find that the best price is very close to your maximum budget !!! :)] Do not forget your realistic price range, this should limit your buying price no matter what tactics are used by the Sales person. Only you know what you are prepared to pay and if an extra 1% or 50% is considered worth it to you, if you have to have the item :) Regardless, you have to have some idea of your limit and be prepared to stick to it. You must be able to walk away if the price is silly and not worth it. Assuming you have not been smitten by your item and funds are NOT unlimited, ask for the price and assess it against your price range. At this point I can only offer pointers as there are no 'magic' rules to get what you want at the lowest price. The only advice I would offer is that you will be lucky to get something at your 1st offer price unless the seller really needs to sell, because of this your 1st offer should be less than your price range lowest band. You will need to assess how much less but be prepared to get a 'No' response. If you get a 'Yes' and your research is good 'Buy It !!!' If you get too enthusiastic a response, question your research & if not sure bail out [No Sale] :) At this point you are likely to be 'Haggling' so you need to be ready for all the 'Must buy Now' tactics. If you have clearly stated your wants and timescales there is no reason to be pulled in by these tactics and they can be ignored until the price has reached the level you are happy with. If the price is not moving where you want than clearly state you cannot 'buy at that price'. If you get a total stop and no movement than you need to assess your 'need' and if priced too high then you should walk out. Remember if you stated that you had a timescale to buy of 1/2/3 weeks you should act like you have 1/2/3 weeks to keep looking. Any eagerness on your part will tell the Sales person that you have lied !!! :) You can always come back and try again, reminding the Sales person that the 'item' is still there and perhaps it is priced too high to sell and make the same offer. !!! (A bit of cheek sometimes works.) If the price is close and you still want it and the Sales person is not moving you need to try walking out while stating that you would love the 'item' if it was priced better, if no improved offer as you go, try an increased offer but again you need to assess how much and remember you can only go up, or walk out and come back another day. If the price is at a level you are happy with then you should have no reason not to buy (if you have followed this process) but this does not mean that you should be forced into buying now if you do not want to. Regardless of any 'Must buy now' tactics if the price is right and you cannot buy now, tell the Sales person when you CAN buy and see if you can get an agreement with this. It is unfair to expect a price to be held for an indeterminate time, so you do need to state when you could buy if not now when a price has been agreed. This is a point where the deal may break down if the Sales person thinks they have a sale and trys to force the Sale now. Once again you have to assess your 'need' and whether buying now is better than walking out. If the deal breaks down there is nothing stopping you from coming back and offering the same price when you can buy. A final option is to agree if a deposit can be left to reserve the item until you can buy. This gives the Sales person some assurance that you will come back and is sometimes NON-Refundable unless you agree otherwise before you pay, so check this detail first. (This tends to be smaller Dealers but generally in the UK the large companies offer refundable deposits as part of their Customer Service, the advantage of using larger Stores/Dealers etc.) Apologies for the epic reply, hope it helps."}
{"_id": "168827", "title": "", "text": "Avoid gold brokers who do business through the mail. Video Full Article"}
{"_id": "168830", "title": "", "text": "Finance is complex because it's complex. There's no great conspiracy here - the authors of article like this need to recognise that they cant understand everything - physicists don't invent complexity in their theories to keep the public stupid, and neither to finance experts."}
{"_id": "168841", "title": "", "text": "Vanguard has just recently started listing its funds in London but it doesn't look like the High Dividend Yield ETF is available yet. You'll need to either get a broker who can trade on the U.S. markets (there might be tax and exchange rate complications), or wait until Vanguard lists this stock on the London exchange."}
{"_id": "168856", "title": "", "text": "\"Who is they? Lots of people putting out fake stats with an agenda.  It's been legal in Colorado for years at this point and still no apocalypse that was predicted by many detractors citing \"\"facts\"\".  We do have a lot less people being arrested though, and that is great.\""}
{"_id": "168859", "title": "", "text": "\"Wow. I'm one of the two people who actually respond to your half-baked idea and you jump down my throat.   The example of changing majors is different because you're talking about a share of lifetime income, not a loan that will be paid off in the next 10-15 years. With such a long-term obligation as you mention, the onus to \"\"get it right\"\" on your first major will be high, possibly confining.  As for \"\"probably have some penalty,\"\" that's what I'm talking about. You haven't even really considered the depth necessary to create a system such a vast and liquid system, so you don't really have any idea how massive the costs could be in comparison to such miniscule amounts of principal.  And don't flatter yourself. I'm not confusing your little five-minute thought with the Koen brothers' impressive novel. I mentioned it because it's a valid parallel. And while you may not be talking about corporations, you *are* talking about creating securitized investments (aka securities, stocks) on a massive scale.  You're talking about millions of individuals who need to be profiled for risk and profitability, who need to be verified, double-checked, maybe interviewed, bundled and approved. By very nature of being securities, they'll need approval from people like the SEC, as well as listings on exchanges or somewhere. All of this conforming comes with a great deal of fees. By the time you're done, we're at a similar complexity level to that of a corporation.  I'm sorry you felt the need to condescend, because you seem to be out of your league on this one. Next time maybe explaining your point in greater detail will help people understand what you're saying.\""}
{"_id": "168886", "title": "", "text": "IANAL, but it sounds like indemnification language. They are saying they have the option to charge expenses to participants if they would like. It should say explicitly (you mention that it does) who the 'default payer' is. Unexpected expenses could be anything that's not in the normal course of business. I know that doesn't help much, but some examples may be plan document restatements or admin expenses from plan failures/corrections. We have language in some of our PFDs that say in the absence of revenue-sharing a participants' share of expenses may be higher. Yes, 'from participant accounts' means they have the authority to deduct from your 401k account."}
{"_id": "168890", "title": "", "text": "Companies usually have a minimum account balance required to keep a 401k for former employees. You will have to check whether $10k is sufficient to keep your funds in your former employer's 401k. If you are below their threshold, you will have to move your money. One option is to rollover into the new employer's 401k.  You can rollover a 401k into a traditional IRA account that is independent of your employer. A traditional IRA has the same tax benefits as a 401k; it grows tax-free until you withdraw money from the account. Companies that offer IRAs include Vanguard, Fidelity, TIAA.  Many companies have significant overhead costs in the their 401k management. It may be better for you to rollover your money into an IRA to save on these costs.  I am not knowledgeable about loaning from retirement accounts, so I cannot help with that."}
{"_id": "168902", "title": "", "text": "Thanks for the tip, I know of one or two privately backed incubators I can approach but have already reached out to local government for access to their funding streams. I just want to make sure I cover all of my bases and seek as much of the available capital as I can. Is there a good way to approach/meet private investors?"}
{"_id": "168905", "title": "", "text": "\"Long ago, a friend of mine shared with me the \"\"Lakshmi rule\"\" which can be used for managing one's spending:  1/3rd: Save, 1/3rd: Donate, 1/3rd: Survival. Survival refers to primary needs like food, clothing, shelter, medicine, family and priority needs like travel. The word \"\"Lakshmi\"\" comes from the Sanskrit language and is often used to denote money, wealth or opulence. Its etymological meaning is - to perceive, understand, objective, observe, to know etc. As per ancient thought leaders, wealth is to be used wisely and with great care. Carelessness and misuse of it means havoc not only in one's own life but also on a community level. Rather than seeing money as a source of one's own happiness, it should be used as tool for the larger good. This will give proper fulfillment in life and helps one shy away from spending on those little things which only give temporary happiness. Having a deeper perspective to our everyday actions and situations, can help develop beneficial habits that easily helps control one's impulsive urges and distractions.\""}
{"_id": "168906", "title": "", "text": "\"Does your company offer a Medical Savings Account? That can allow you to reduce your taxable income. You normally have to join during \"\"open season\"\". Another option is Medical and Dental Expenses above 7.5% of your adjusted gross income. This is a high hurdle to meet, and only reduces your taxes by the tax rate x the amount your bills exceed 7.5%\""}
{"_id": "168908", "title": "", "text": "Yup, if he/she is talking about a broker/dealer, but if he's talking to an RIA and is trying to find out who the custodian is then he won't have a statement yet. I don't think he has opened the account yet, but I'm not sure and could be totally misunderstanding the question."}
{"_id": "168912", "title": "", "text": "To be in a health savings account you must be in a high deductible health plan, but the advantage is that the money rolls over from year to year if you don't use it, but it can only be used for qualified medical expenses. A flexible spending account has its advantage as well: You can use it for dependent care as well as medical expenses, but it's part of a cafeteria plan and you lose the money that you don't spend by the end of the year (rather than it simply rolling over to the next). Another benefit in a FSA is that if you allocate 200/mo to it, and you need to get surgery in January that costs 2400 dollars and then you lose your job in February, you just got 2400 dollars of surgery for 200 dollars pre-tax :) In summary: Move to France for real health care :) just kidding"}
{"_id": "168922", "title": "", "text": "Are you currently writing screenplays in Microsoft Word, frustrated with constantly hitting the {return} and {tab} keys to format your dialogue, constantly going back to capitalize scene lines or character names, or figuring out how to keep dialogue from splitting across pages..."}
{"_id": "168968", "title": "", "text": "I know it may not last longer but i was able to 2.5x my wealth over last 2 years.(2016, 2017 cont) I was successfully able to convert 70k into 452k in 21months. Now at this amount, I am really worried and want to take all the profit. I agree that I have been lucky with these returns but it was not all outright luck. Now my plan is to take 100k of it and try high risk investments while investing 350k in index funds."}
{"_id": "168972", "title": "", "text": "\"The primary reason a scandal like this hurts the company is the \"\"bottom line.\"\"  Any legal action means defense costs.  In this case the potential of massive fines became reality.  And a buyback program.   So, if any publicly traded company stacked up $10B in assets, doused it in diesel and set it on fire, their stock would take a dip too. Billions in revenue directed to the expense side of the ledger instead of the profit side.  That money should have gone to building the company and dividends.\""}
{"_id": "168983", "title": "", "text": "\"The statement \"\"Finance is something all adults need to deal with but almost nobody learns in school.\"\" hurts me. However I have to disagree, as a finance student, I feel like everyone around me is sound in finance and competition in the finance market is so stiff that I have a hard time even finding a paid internship right now. I think its all about perspective from your circumstances, but back to the question. Personally, I feel that there is no one-size-fits-all financial planning rules. It is very subjective and is absolutely up to an individual regarding his financial goals.  The number 1 rule I have of my own is - Do not ever spend what I do not have. Your reflected point is \"\"Always pay off your credit card at the end of each month.\"\", to which I ask, why not spend out of your savings? plan your grocery monies, necessary monthly expenditures, before spending on your \"\"wants\"\" should you have any leftovers. That way, you would not even have to pay credit every month because you don't owe any. Secondly, when you can get the above in check, then you start thinking about saving for the rainy days (i.e. Emergency fund). This is absolutely according to each individual's circumstance and could be regarded as say - 6 months * monthly income. Start saving a portion of your monthly income until you have set up a strong emergency fund you think you will require. After you have done than, and only after, should you start thinking about investments. Personally, health > wealth any time you ask. I always advise my friends/family to secure a minimum health insurance before venturing into investments for returns. You can choose not to and start investing straight away, but should any adverse health conditions hit you, all your returns would be wiped out into paying for treatments unless you are earning disgusting amounts in investment returns. This risk increases when you are handling the bills of your family. When you stick your money into an index ETF, the most powerful tool as a retail investor would be dollar-cost-averaging and I strongly recommend you read up on it. Also, because I am not from the western part of the world, I do not have the cultural mindset that I have to move out and get into a world of debt to live on my own when I reached 18. I have to say I could not be more glad that the culture does not exist in Asian countries. I find that there is absolutely nothing wrong with living with your parents and I still am at age 24. The pressure that culture puts on teenagers is uncalled for and there are no obvious benefits to it, only unmanageable mortgage/rent payments arise from it with the entry level pay that a normal 18 year old could get.\""}
{"_id": "168989", "title": "", "text": "&gt;If it leads to lower employment (for example by destroying most independent coffee shops) and the expatriation of profits then how is it good for a country?   Automation/efficiency are destroying low-skilled jobs (food service), but create many more high-skilled jobs (software engineering).    This sort of destroying low-skilled/creating high-skilled jobs cycle has been going on since the industrial revolution.  By automating low-skilled jobs and producing cheaper goods/services businesses have created our high standard of living which is generally deemed a good thing for society.  It's just a fact, that the evolution of our economy 'forces' people (who might not desire/be capable of) improving their education/skills to do so.  It is a process that has been going on for quite some time, and if anything is accelerating."}
{"_id": "169004", "title": "", "text": "Basically there are 2 ways you can make money from an investment, through income (eg: rent or dividends) and through the price of the investment going up (capital growth or gains). Most people associate negative gearing with investment properties but it can be done with shares and other investments where you borrow money to buy the investment and it produces an income of some sort. If the investment does not produce an income then you cannot negative gear it. Using a property as an example (in Australia), if all your expenses each month (loan interest payments, council and water rates, insurance and/or strata, advertising and management fees, depreciation, and maintenance expense) are greater than your income (rent), then you are negative gearing the investment property. This is a monthly loss on your investment which can be used to offset and reduce the amount of tax you pay during the year. So most people negative gearing an investment property will get a nice sum back when they do their tax returns. The problem with negative gearing is that you have to lose money in order to save some tax. So as an example, if you are on a marginal tax rate of 30%, for every $1 you lose from the investment property you will save 30c in tax. If your marginal tax rate is 45% then will save 45c in tax for every $1 lost on the investment property. Thus negative gearing becomes more tax effective the higher your income (and tax bracket). But you are still losing money overall. The problem is that most novice investors buy an investment property for the main purpose of reducing their taxes. This can be dangerous because the main reason to buy any investment should be that you consider it to be a good investment, not to save you tax. Because if the investment is not a good one, then you will not only lose money on the income side but also on the capital side. Negative gearing should be looked at as a bonus or additional benefit when chosing a good investment to buy, not as the reason to buy the investment."}
{"_id": "169007", "title": "", "text": "&gt; Why are you against making sure their pensions are funded?  Pension actuarial analyst here:  Pensions can give employee's benefits for time worked long before the plan came into existence.  Those 'liabilities' are paid off over 30-40 years.  It's absolutely normal.  In addition, pension plans may also pay off increases in benefits, such as an early retirement window, over that same 30-40 years.  Pension funds use assumptions on future investment earnings to 'guess' their contribution.  Sometimes, they don't earn as much as they expect the plan to earn.  Sometimes, they try to keep contributions low *as an alternative to scrapping the plan entirely*.  So putting this all together:  if pension plans are instantly and always 100% funded?  You don't get pension plans, with defined and guaranteed retirement benefits.  You get plans where the employee defers their own money into accounts, with no particular guarantees at all.  And that's why we are fine with unfunded pensions.  Oh, by the way, the PBGC charges higher fees to covered pension plans that have more unfunded liability!  So if a company doesn't want to pay contributions, they have to pay more elsewhere.  It all evens out."}
{"_id": "169008", "title": "", "text": "Yodlee's Moneycenter is the system that powered Mint.com before Intuit bought them.  It works great for managing accounts in a similar fashion to Mint.  They have a development platform that might be worth checking out."}
{"_id": "169009", "title": "", "text": "\"2010 - What $20M looks like with hindsight of 7 years  Friend: \"\"Dude there is this new thing, you should grab some, it is $0.10 per.\"\"  Me: \"\"So like a penny stock? Nah im good that seems like a waste.\"\"  Friend: \"\"No man this is going to blow up and is the future.  Take like $500 buy some and it will be worth like $1000 next year.\"\"  Me: \"\"Nah ill keep putting my $500 in safe investments making me 5-10% a year.\"\"  Edit: I am aware I probably made the \"\"smart\"\" choice but turning $500 into even $200,000 would have been nice\""}
{"_id": "169013", "title": "", "text": "Very important. Returning again to the example of the farmer, efficient, liquid markets that fairly reflect the price of a given asset allow that farmer to run his business as cost effectively as he can. That (in theory) lowers the price of his goods for the consumer. If he wasn't able to efficiently hedge, he would have to charge a premium to reflect the price risk he takes on between planting and harvesting his corn.  Being pedantic here but single stock futures markets are extremely quiet. If you were the owner of a company and you traded *options* on your company stock (a hilariously common form of insider trading) yes, that would be illegal and the SEC would certainly come after you."}
{"_id": "169026", "title": "", "text": "\"There are a number  of federal tax deductions and credits available for education expenses.  They are too numerous to describe here, but the place to get full details is IRS Pub 970.  Note that many, but not all, of them require that you be enrolled in a degree program; since this does not seem to be the case for you, you would not be eligible for those programs. None of them is as simple / generous as \"\"deduct the full amount of your tuition with no limits\"\".  Also note that there are restrictions on using more than one of these deductions or credits in any given tax year. You might pay special attention to Chapter 12, \"\"Business Deduction for Work-Related Education\"\".  In particular, this program allows you to deduct transportation expenses under some conditions, which does not seem to be the case for the other programs.  But also note carefully the restrictions.  In particular, \"\"Education that is part of a program of study that will qualify you for a new trade or business is not qualifying work-related education.\"\"  So if you are not already working in the field of IT, you may not be eligible for this deduction.\""}
{"_id": "169028", "title": "", "text": "\"please explain, and use historic example if you would, how purchasing your own debt is a  1) Solid financial decision  2) Historically successful for another country.  Oh right, you can't. Because its not.  Maybe you don't have an \"\"understanding\"\" of economics, loser.\""}
{"_id": "169042", "title": "", "text": "There is no shortage of Tauranga Painters but if you have to get your house painted, why not go for the best one. It is not everyday that you get your house painted, you can\u2019t afford anything to go wrong and that is the reason why you should choose A Class Painters as your painter."}
{"_id": "169048", "title": "", "text": "&gt; 1 funny how you picked the highest estimate for the US and the lowest estimate for the UK  Mea culpa. It appears average cost for the US is [$30K](https://www.medigo.com/blog/medigo-guides/coronary-angioplasty-cost-guide/) (my personal family experience with it is $50K though). This means the US costs would have to come down by only 80% to be affordable by US families. I still strongly disagree that this could be accomplished by deregulation of any kind. And that's not even considering the loss in quality that would likely accompany such a move.  &gt;2 if anyone expresses wishful thinking it's you  Sources man. Sources. There is no argument without facts.   &gt;I live in a country with UH.   Well then we're both operating from a position of ignorance. I don't know what it's like with UH and you don't know what it's like without it. In that case - all I can do is look at the money the US spends vs everyone else - and then look at our national health outcomes vs. everyone else (e.g. heart health, maternity health, life span, etc.). America sucks at both.   &gt;You'll still have the same problems, except that you get a hefty tax increase on top and end up shoving 50-60% of your income down the state's throat in addition.  There are a handful of countries that charge that much income tax. But the bottom line is that those countries, on the whole, *still spend less on healthcare than the US*. So while that 10 or 15% of your check that goes towards UH sucks - remember that if you were in the US you'd be paying 20 to 30% to an outside company for insurance. Plus you'd have to deal with pre-existing conditions and finding doctors in network and jumping all the bullshit hurdles Americans do on a daily basis without any of the convenience of having *one single system* to coordinate those resources.   So you're either paying down the government's throat - or your paying twice that down a private company's throat. It sucks either way - but UH mitigates how bad it sucks.  And one interesting note - I thought you were full of shit about paying 60% in taxes - but some places actually do charge [that much](http://www.worldatlas.com/articles/countries-with-the-highest-taxes-in-the-world.html). So you could be right. But two interesting correlations about those countries is that they all have UH - and they all dominate the top spots in the UN's [happiest places in the world](https://www.theguardian.com/world/2017/mar/20/norway-ousts-denmark-as-worlds-happiest-country-un-report).   Don't underestimate the stress of living as a regular citizen without the benefit of a strong social safety net."}
{"_id": "169062", "title": "", "text": "\"It's good to ask this question, because this is one of the fundamental dichotomies in market microstructure. At any time T for each product on a (typical) exchange there are two well-defined prices: At time T there is literally no person in the market who wants to sell below the ask, so all the people who are waiting to buy at the bid (or below) could very well be waiting there forever.  There's simply no guarantee that any seller will ever want to part with their product for a lesser price than they think it's worth. So if you want to buy the product at time T you have a tough choice to make: you get in line at the bid price, where there's no guarantee that your request will ever be filled, and you might never get your hands on the product you decide that owning the product right now is more valuable to you than (ask - bid) * quantity, so you tell the exchange that you're willing to buy at the ask price, and the exchange matches you with whichever seller is first in line Now, if you're in the market for the long term, the above choice is completely immaterial to you.  Who cares if you pay $10.00 * 1000 shares or $10.01 * 1000 shares when you plan to sell 30 years from now at $200 (or $200.01)? But if you're a day trader or anyone else with a very short time horizon, then this choice is extremely important: if the price is about to go up several cents and you got in line at the bid (and never got filled) then you missed out on some profit if you \"\"cross the spread\"\" to buy at the ask and then the price doesn't go up (or worse, goes down), you're screwed.  In order to get out of the position you'll have to cross the spread again and sell at at most the bid, meaning you've now paid the spread twice (plus transaction fees and regulatory fees) for nothing. (All of the above also applies in reverse for selling at the ask versus selling at the bid, but most people like to learn in terms of buying rather than selling.)\""}
{"_id": "169072", "title": "", "text": "\"&gt;When you look at principles, whether you're a 'true' socialist, a watered-down SocialistLite or somwhere in between, the ideas are still anti-human.  I suggest you learn about a subject from the prolific authors of that subject, not people who claim to know it and bash it. Your argumentation is offensive, but I'll give you a reply anyway.  I know perfectly well what laissez-faire is, because I am in a way you are not also inclined to read texts of people who I do not agree with. I deliberately do not agree with laissez-faire, even though I believe in personal freedom as I am some variant of anarcho-socialist, but I don't believe in preserving the existing class relations and I don't believe laissez-faire to be fair for this exact reason; introducing it in the world today would only cement existing class differences, class differences brought on by the exploitation of the working class, which is the only way you can get really rich.  I suggest you actually read up on libertarian socialism and stop throwing around words like \"\"anti-human\"\", because you're quite honestly offending me, because obviously you're calling me \"\"anti-human\"\" as well, so even though I know you think you're playing some kind of enlightenment game by lecturing me on laissez-faire, a system that anyone who passed high school here in Sweden knows about, please stop and have some respect. I don't need to be lectured on the alternatives, I know them and I've chosen my beliefs.\""}
{"_id": "169074", "title": "", "text": "Timing the market and by extension the efficient market hypothesis is one of the most hotly debated subjects in finance academia. If you are to believe the majority of finance professors and PHD's out there chances of timing a market like the NYSE, NASDAQ or LSE is not possible. If you are to take into account the huge amount of hedge funds and money managers who make it their job to prove the efficient market hypothesis wrong then you may have a chance. My opinion is that the EMH is true and that timing a highly efficient market like the NYSE is very difficult or impossible even for those who spend their whole lives trying to beat it. For someone whose primary job isn\u2019t in investments I would put the idea of timing the markets out of your head."}
{"_id": "169076", "title": "", "text": "It is called the Monday Effect or the Weekend Effect. There are a number of similar theories including the October Effect and January Effect. It's all pretty much bunk. If there were any truth to traders would be all over it and the resulting market forces would wipe it out. Personally, I think all technical analysis has very little value other than to fuel conversations at dinner parties about investments. You might also consider reading about Market efficiency to see further discussion about why technical approaches like this might, but probably don't work."}
{"_id": "169085", "title": "", "text": "I do online grocery shopping directly with my local supermarket.  Its great.   I keep a basic list of recipes/supplies I use pretty dependably every week.  I add them all at once.  Then I quickly pick through them to fine-tune and bam, done. 15 minutes while drinking mai tais in my underwear.   Schedule pickup for the next day on my way home from work."}
{"_id": "169105", "title": "", "text": "\"Given that they're going to be defended by VERY good lawyers, yes. You have to continually prove your need for a wiretap and make sure you don't get non-invasive information that doesn't pertain to the case. If they were caught recording people who are uninvolved having phone sex, they could lose some of their wiretaps, or possibly all of them depending on the frequency of non-related calls and how many they kept.  In short, you have to guess as to who is involved and be RIGHT. Then, you can only record and keep conversations that are pertinant to the case.  This is also how Blagoivich tried to plead when faced with his own calls. He said there were other calls and information that somehow turned \"\"They want me to just give away this fucking senate seat??!?\"\" into \"\"Well, the next call I said, 'America needs a good senator, I will make sure the candidate is well qualified and raised by people who will have enough influence and respect as well as IL interests at heart' I would never give it away just because someone gave me the most money\"\". Or that some of the calls he was \"\"just kidding\"\" or \"\"blowing off steam\"\".  In most not-so-public cases this shit actually works if you have a good lawyer. You can legally say almost anything you want including \"\"I stole a million dollars\"\" and have it on tape without it immediately resulting in your ass being in jail.  I think this stems from the fact communication with other humans generally sucks and that in some rare instances they didn't actually steal a million dollars, they just got lucky and it felt like stealing.\""}
{"_id": "169142", "title": "", "text": "The Radhe Industrial Corporation is one of the prominent organizations in the Industry of Briquetting Manufacturing  since two decades. The contribution to the success  is due to their excellence in fulfilling the customer needs through a rapid production process of Briquetting Manufacturing which makes easy to operate the world class technological products with the economical and cost effective manner."}
{"_id": "169146", "title": "", "text": "Uno de los mayores quebraderos de cabeza a los que se enfrentan muchos espa\u00f1oles es el hecho de arrastrar deudas impagadas con su banco habitual o no lograr refinanciar dicha deuda con otra entidad bancaria \u00a1Inf\u00f3rmate sobre c\u00f3mo solicitar cr\u00e9ditos con Asnef y liquida tus deudas!"}
{"_id": "169163", "title": "", "text": "\"Government should have worked  the same way.   Use as hard terms as possible for \"\"too big to fail\"\" banks. If they can't take it and go bankrupt, purchase the liabilities and assets and run government owned bank next  gradually selling stock next 10-15 years.\""}
{"_id": "169171", "title": "", "text": "There are several reasons:"}
{"_id": "169173", "title": "", "text": "You've mostly got it figured out, but there are a couple of more points to consider: You'll be permanently losing a corresponding amount of your RRSP contribution room allowance, because the re-deposit of your funds into the new RRSP would count as a new contribution, the way you're proposing to things.   For a small amount, it might not matter much, and if you're like a lot of people, you may have more accumulated RRSP room than you can reasonably use up. There may be complications if spousal contributions were made into your account during the previous three years."}
{"_id": "169176", "title": "", "text": "The main source is a direct feed from the stock market itself. The faster the feed, the more expensive. 15-minute delay is essentially free... and for those of us who do long-term investment is more than adequate.  If you want data sooner, sign up with a brokerage that provides that service as part of what you're paying them for... and remember that every bit you spend on services is that much more profit you have to make just to break even, so there's a real tradeoff."}
{"_id": "169178", "title": "", "text": "A normal FSA also gives you a short term loan: money earmarked is available in entirety immediately, while you repay it every paycheck. This is interest free, and if you time your large planned medical expenses for January, can be a nice cheap loan."}
{"_id": "169180", "title": "", "text": "I like that Ballmer bought the Clippers.  He's a real step up from Sterling.  I grew up in LA and always hated the guy, mostly because he took out full-page ads in the *L.A. Times* to tell everyone how wonderful he is.  Sterling is an enormous douche, the racism is only a small part of how awful he is."}
{"_id": "169220", "title": "", "text": ""}
{"_id": "169232", "title": "", "text": "A good general rule is to save 15% of your income for retirement.  As for where you put it: Put as much as it takes to maximize your employer match into your 401(k), but no more.  The employer match is free money, and you can't beat free money If you still haven't put in 15%, put the rest into a Roth IRA.  By historical standards, taxes are pretty low today.  They are almost certainly going to be higher in retirement, especially since you likely won't have the deductions in retirement that you may have now (kids, mortgage, etc). If you've maxed our the allowed contribution for your Roth and still haven't saved 15%, put the rest in a traditional IRA."}
{"_id": "169233", "title": "", "text": "This all comes down to time: You can spend the maximum on taxes and penalties and have your money now.  Or you can wait about a decade and not pay a cent in taxes or penalties. Consider (assuming no other us income and 2017 tax brackets which we know will change): Option 1 (1 year): Take all the money next year and pay the taxes and penalty: Option 2 (2 years): Spread it out to barely exceed the 10% bracket: Option 3 (6 years): Spread it out to cover your Standard Deduction each year: Option 4 (6-11 years): Same as Option 3 but via a Roth Conversion Ladder:"}
{"_id": "169240", "title": "", "text": "You can keep the cash in your account as long as you want, but you have to pay a tax on what's called capital gains. To quote from Wikipedia: A capital gain is a profit that results from investments into a capital asset, such as stocks, bonds or real estate, which exceeds the purchase price. It is the difference between a higher selling price and a lower purchase price, resulting in a financial gain for the investor.[1] Conversely, a capital loss arises if the proceeds from the sale of a capital asset are less than the purchase price. Thus, buying/selling stock counts as investment income which would be a capital gain/loss. When you are filing taxes, you have to report net capital gain/loss. So you don't pay taxes on an individual stock sale or purchase - you pay tax on the sum of all your transactions.  Note: You do not pay any tax if you have a net capital loss. Taxes are only on capital gains.  The amount you are taxed depends on your tax bracket and your holding period. A short term capital gain is gain on an investment held for less than one year. These gains are taxed at your ordinary income tax rate. A long term capital gain is gain on an investment held for more than one year. These gains are taxed at a special rate: If your income tax rate is 10 or 15%, then long term gains are taxed at 0% i.e. no tax, otherwise the tax rate is 15%. So you're not taxed on specific stock sales - you're taxed on your total gain. There is no tax for a capital loss, and investors sometimes take profits from good investments and take losses from bad investments to lower their total capital gain so they won't be taxed as much. The tax rate is expected to change in 2013, but the current ratios could be extended. Until then, however, the rate is as is.  Of course, this all applies if you live in the United States. Other countries have different measures. Hope it helps!  Wikipedia has a great chart to refer to: http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States."}
{"_id": "169245", "title": "", "text": "This loss would be unrealized and, assuming you're a cash-basis tax-payer, you would not be able to take a loss on your 2014 tax return. This is similar to if you held a stock that lost 50% of its value. You wouldn't be able to claim this loss until you finally sold it.  The link that User58220 posted may come into play if you converted your UAH back to USD."}
{"_id": "169267", "title": "", "text": "\"&gt; * How did you get started?  I realized there's little to no overhead for a service-based business, so I thought up a name and concept and spent a few hundred on licensing with the state.  &gt; * What kind of services do you offer?  All the simple shit an average person can't do.  OS upgrade, RAM upgrades, home entertainment installation and troubleshooting, purchase consulting, HIPAA compliance, and whatever else works for both me and my customer.  &gt; * Do you follow an \"\"Hourly Rate\"\" or \"\"Flat Rate\"\" payment system?  Depends on the job, but usually hourly.  My standard rate is $30 an hour, if you were wondering.  I could charge more, but my rate is already flexible, so I don't really care to push away potential client experiences with a high price tag.  &gt; * What services make you the most income?  The easy stuff.  Upgrading a businesses machines.  I get paid $30 an hour to reddit and click buttons, not because the business can't, but because they don't want to.  &gt; * What physical things would you recommend I acquire prior to getting started?  Go on ifixit.com.  Buy every unique tool they have.  I wish I was kidding.  &gt; * How long until you were able to \"\"make a living\"\" from your business?  I still don't because I'm in school.  In theory, if I just doubled my hours per week, I'd be able to make more than enough to support myself for about four or less work days a week.  &gt; * What would you do differently if you were to start again from scratch?  Not name the business after myself...  &gt; * Any other tips / words of wisdom on how to make this work?  Consultants only thrive on word of mouth.  It's better to lose money supporting a client than losing their trust.  Their recommendations mean EVERYTHING.  Widespread dvertising is a good way to get a ton of one-time customers who don't respect your services or your rate.\""}
{"_id": "169275", "title": "", "text": "You also might want to see what sort of documentation the credit card company has. Companies can get pretty lazy sometimes about recordkeeping; there have been cases where banks tried to foreclose on a property but weren't able to produce documents establishing the mortgage. With your father dead, is there anything other than the credit card company's word that the debt is valid?"}
{"_id": "169283", "title": "", "text": "To start with the Express diet, the first thing you have to do is to radically reduce your energy intake. To do this, you must select the foods to be able to surprise the body and cause a loss of weight of between 2 or 3 kilos, without losing muscle mass. On the other hand, you must limit the consumption of carbohydrates to force the body to pull its reserves and take advantage of Plant Based Weight Loss Protein, as they satiate and nourish muscle mass. Recommended foods during the first phase are vegetables, water, fish, seafood, shellfish, soy, beef, beef steak but nothing, skinless poultry, eggs without fat, light ham, dairy 0% vegetables. And best of all is that we can consume them in the quantities we want."}
{"_id": "169287", "title": "", "text": "Your simplest option, and probably the only reasonable one, is to dispute the original charge with your bank.  Since you used a debit card and not a credit card, you don't have quite as much protection, but you still can dispute the charge and ask your bank to step in and help.  See this debit card dispute article for more information on disputing a charge for a debit card. You may or may not have a case here, depending on the specifics.  If the merchant accepted your payment without letting you know you should have used paypal, you may have a shot at getting the full refund; but if it was clearly labelled that you should have used paypal, it may be harder."}
{"_id": "169289", "title": "", "text": "\"&gt;The Copyright Clause of the U.S. Constitution states that Congress may grant exclusive production rights to authors and inventors for a limited time... in order to promote science and art.   Monopoly privilege does not promote science and art, it allows people and companies who would otherwise be forced to innovate to stay competitive to wield the power of the law and state to prevent others from acting freely with their own time and resources.  If I figure out how to manufacture the same drug, the same device, the same widget or formula as someone else, and I wish to do so, I cannot because of the monopoly privilege granted by government.    &gt;There was never any problem with the concept of patents.  The notion that your ideas are sacred and no one may copy them is not some natural human right, it's a constructed paradigm created by government which protects big business.  It cannot be \"\"fixed\"\", as it is a flawed premise to begin with.  You don't own ideas.  &gt;There was never any problem with the concept of patents.   Pragmatically speaking, the patent and copyright system has failed and has created the problems we see today.  Ideologically, it's a flawed premise to begin with.  It's time to move on.  &gt;The problem lies with government. As long as businesses are allowed to legally bribe politicians, the laws will be altered to favor those businesses.  I would agree to this point, but with a different conclusion.  The problem *does* lie with government in that a centralized concentration of power will *always* attract the most corrupt.  Decentralization (and if I had my druthers, abolishment) of such power is the best way to combat this.  This means a strong federal government is a honeypot for the worst humanity has to offer.    As long as there are politicians who command armies (both domestic and abroad), business will continue to seek alliance with them, whether for purposes self-preservation, or seeking of special privilege in the way of patents, copyrights, regulatory capture, rent-seeking, cartelization, and all of the other ways government distorts the free market.  These are the men who use the law to grant monopoly in the name of preventing monopoly.\""}
{"_id": "169296", "title": "", "text": "Everybody wants to stay fit. Some need a personal trainer and some don\u2019t. Well, if you are amongst the ones who need a personal trainer in mandurah, allow our talented trainers to help you. At Attain Health and Fitness, we have the absolute best fitness trainers who will take you to your goals."}
{"_id": "169304", "title": "", "text": "\"&gt; ...the only justification for the existence of a state is the protection of your rights and freedoms from others.  Okay, why?  &gt; Capitalism is based on...respect for each other's property.  That is not enough.  We have seen that corporations will push limits regularly which shows little respect for the law or other people's property.  Without the concept of corporate person-hood, a impartial judicial system to settle disagreements, and enforcement significantly more powerful than all actors, corporations would have little reason to heed claims of property.  Ownership would become a question of what you can control, not what you made/traded for.  The word to describe when institutions control the land, people, and product by force: feudalism, the precursor to capitalism.  &gt; Every other system can be defined as a restriction to capitalism.  Don't agree.  Once again I think your arguments just assume that capitalism and its effects are \"\"correct\"\".  &gt; However mandatory public healthcare is not.  You're just repeating your claim.  Tell me why.  &gt; The driving force behind all the benefits of capitalism is competition...  Competition is important in capitalism but it doesn't solve the problem of how the money sucks money to the top.  Instead of all the money going to one person it would now all go to a small group, just enough to meet the competition requirements.   &gt; ...redistribution of wealth won't stop its formation.  Redistribution of wealth isn't about preventing monopolies.  It is about reversing the trend of money moving up towards the wealthy in a capitalist system.\""}
{"_id": "169308", "title": "", "text": "You ask if Tesla being a car company should feel a pressure to split their stock because their share price is much higher than the other car companies. But is Tesla a car company? It was founded by Elon Musk who founded PayPal and SpaceX. He sees him self as the next generation of entrepreneurs that came after Jobs and Gates. So he compares Tesla ($142) companies to Google ($856), Amazon ($284) and eBay ($52).  But even if you see Tesla as a car company, Musk sees it more like Audi ($828) or BMW ($100) then he does Ford ($16.30) just because the base price of their models ($80,000+) is much greater than Ford or GM. The theory is that keeping the share price in a lower range helps investors. But since 40% of the company is owned by mutual funds is that really a concern? Therefore most small investors get the company though a mutual fund."}
{"_id": "169309", "title": "", "text": "The price of a bond goes up when yields go down.  For example, you purchase a 5% bond today for $100 and the very next day the same bond is being offered with a rate of 10%.  Will you be able to sell you bond for the $100 you paid?  No, you must compete with the 10% bonds being sold so you will have to sell your bond for less than the $100 you paid to compete with the new bonds being sold.  Thus, bond prices are inversely related to bond yields. The 20-year index you cited tracks bond prices and bond prices have gone up over the last 10 years which means bond yields have gone down.  Why have bond prices gone up?  Demand.  More investors are moving their savings into bonds.  Why?  I believe there a couple of reasons.  One, US Treasuries are thought to be one of the safest investments.  With the financial crisis and increased stock market volatility (see chart below) more investors are allocating more of their portfolios to safer investments.  Two, a large portion of the US population is approaching retirement (see chart below).  These folks are not interested in watching their retirement portfolios potentially shrink in the stock market so they move into bonds."}
{"_id": "169312", "title": "", "text": "\"Evaluate if the Rs 5 million term insurance is sufficient. Typically the term insurance provided by employer is in the range of 1 to 3 times the gross. Generally one should be covered in the range of 5 to 10 times the Gross. The sooner you start the lesser the premium and you can get insured for a large amount for a long duration at very nominal rate.  NOTE:  You can also buy a health insurance for your father, note these typically come at high cost, generally if over 70 years of age, 25% is the premium amount and 25% as co-pay. So if your dad doesn't fall ill once in 3 years, its a loss making proposition. Edit: Accident insurance best take is along with rider on term plan. Additional Health insurance is a good idea and helps if you are in between jobs. Plus the new company health insurance can reject a particular treatment as \"\"Pre-Existing\"\". i.e. certain illness [in certain plans] require one to have coverage for 3 years before the claim for it can be covered.\""}
{"_id": "169316", "title": "", "text": "The two most common scenarios are: Since you have more control of timing when you are the buyer compared to when you are the seller, #1 is probably more common, however, a good real estate attorney should be able to walk you through your options should #2 come up. Fortunately, many real estate attorneys do not charge you anything until the sale completes, and you will likely get a discount if you involve them in both the sale and purchase, so I would start by finding an attorney."}
{"_id": "169333", "title": "", "text": "59 It\u2019s gone viral = Someone sent a tweet about this   60 I know you\u2019ve been burning the candle on both ends = Get ready to do some more   61 It\u2019s scalable = We can sell a lot of it in theory   62 It\u2019s best-of-breed = We hired a market research firm to say that   63 We\u2019re all about value-add = Unlike our competitors who seek to add no value   64 What\u2019s our go-to-market? = Has anyone planned this out, because I\u2019ve been too busy?   65 I\u2019m drinking from a fire hose right now = I want a little sympathy over here, because I\u2019m tired of carrying this company on my back  66 We\u2019re getting some push back = They\u2019re not buying it  67 We need to do a level-set = I\u2019ve never been inside a Home Depot, but this phrase makes me sound handy  68 It\u2019s basic blocking and tackling = How could you screw this up? I also played high school football and those were the best days of my life.  69 Let\u2019s put our game faces on = Get serious, guys  70 We\u2019ve got it covered from soup to nuts = I have no idea what that means, but don\u2019t you dare question my prep work on it  71 We don\u2019t want to get thrown under the bus = So let\u2019s throw someone else first  72 But to close the loop on this\u2026 = Always the more theoretical Business Development/Strategy guys who say this, so they can sound thorough  73  What are \u201cnext steps\u201d? = Did anyone take notes during the last 90 minutes of this meeting?  74 This is low-hanging fruit = Get this done quickly  75 We need a few quick wins = We\u2019ve got to trick people into thinking we know what we\u2019re doing by some successes we can point to and claim as ours  76 It\u2019s a [Insert Company Name] killer = Did I get your attention yet with the Freddy Kreuger imagery associated with the company who\u2019s currently eating our lunch?  77 I want to address the elephant in the room = I know you think I\u2019m trying to cover up/gloss over something, so I might as well talk about it  78 This is the next big thing/new thing = Some of our 20-somethings have told me this is really cool  79 This time it\u2019s different because\u2026 = Don\u2019t wait for the explanation\u2026 simply run for the hills.  80 What are the best practices on this? = How can I cover my behind that we\u2019re just doing stuff the way other good people have supposedly done this?  81 This is our deliverable = I know this sounds like something that comes in a body bag, but it makes our PowerPoint sound tougher than it actually is  82 We\u2019ll loop you in when we need to = You\u2019re not that important to know about all the details on this  83 We want this to move up and to the right = I failed high school algebra but someone said this means we\u2019ll be making a lot of money if this happens  84 We\u2019re going through a re-org = No one knows what the heck is going on at the moment  85 We\u2019ve got to increase our mind-share with the customer = I think I would have been happier as a doctor doing lobotomies than in marketing as a career path  86 I don\u2019t think you\u2019re comparing apples to apples = Let me tell you how you should really think about this issue  87 Let\u2019s peel back the onion on this = I want to sound thorough so this is a better way of telling you that than simply clearing my throat  88 You phoned it in = I was too busy checking my email during your presentation that I didn\u2019t listen  89 I want you to run with this = I just threw you into the deep end of the pool and you\u2019re on your own to figure it out"}
{"_id": "169346", "title": "", "text": "We offer you to get the best  web service and incorporate the business needs. We use the most and the latest technology to develop a web page, here you can buy the best domain hosting service at the lowest price. It is an opportunity to save the time and money. We have a good experienced team that always helps you and give better guidance. Our professional team is very capable for the most service of a small business in USA. It's far a Limited Liability Company that\u2019s form a LLC. We provide to our customers in Web Page or Domain Hosting service and additionally use the contemporary technology."}
{"_id": "169352", "title": "", "text": "I've been hearing storied from Germans that this is happening in Germany, too, but at the bank level. All anecdotal, people I've met telling me their personal stories, but they follow the same pattern. Go to the bank, try to take out a few grand for a vacation or large purchase, bank tells them they can't have that much and that they just have to do with less, even if the account balance covers the withdrawal."}
{"_id": "169370", "title": "", "text": "Doesnt matter - their main asset is a database of US. To liquidate it, who do they sell it to? How many copies do they sell?  Where are the backups?  Them having it is bad enough, but them selling it off is worse."}
{"_id": "169373", "title": "", "text": "Good to know. That is an awful perspective, IMO. Then again, I've noticed that management tends to be a self-selective group of people who ascend to their position more through some form of ritualistic brown-nosing than being competent administrators who manage resources in a judicious fashion."}
{"_id": "169382", "title": "", "text": "\"Dude, it's your lucky day!  You just won the lottery!! Do like this guy and sue them for $67 million :-) Pearson v. Chung, better known as the \"\"pants lawsuit\"\",1 is a civil   case filed in 2005 by Roy L. Pearson, Jr., an administrative law judge   in the District of Columbia in the United States, following a dispute   with a dry cleaning company over a lost pair of trousers.  Pearson   filed suit against Soo Chung, Jin Nam Chung and Ki Y. Chung, the   owners of Custom Cleaners in Washington, D.C., initially demanding $67   million for inconvenience, mental anguish and attorney's fees for   representing himself, as a result of their failure, in Pearson's   opinion, to live up to a \"\"satisfaction guaranteed\"\" sign that was   displayed in the store.  The case drew international attention[2][3]   when it went to trial in 2007 and has been held up as an example of   frivolous litigation and the need for tort reform in the United   States. The entire story dragged on for years, with many appeals, and makes fascinating reading.\""}
{"_id": "169397", "title": "", "text": "\"This is called propaganda. This is a freaking bot that keeps posting anti-trump threads.   Take a look, the \"\"user\"\" has over 7,000 karma and 0 comment karma. They don't even try!  It has posted over 500 different threads in the 2 months it has been active, without making a single comment. Take a look at what all the threads are about, I'm sure you will be shocked. its probably a bot for /u/postnationalism\""}
{"_id": "169398", "title": "", "text": "On pensions, part of the issue will be how well funded they are.  Most pensions are not completely funded.   In the US pension payments are insured to an annual cap by the PBGC. So you can loose out on part of your pension payment. I don't know what/if there is an equivalent in Canada."}
{"_id": "169399", "title": "", "text": "\"Well again, I think you're grasping at straws to try to justify monopoly.  It's entirely possible that in a free market, there will be some rich individuals who choose to risk it all and hire a small army to attack their enemies or destroy property.  But the whole point is that their armies will be far less-powerful than the militaries governments currently have, and they won't have popular acceptance as \"\"legitimate\"\".  I'm well aware that anarchy wouldn't be a cake-walk.  The only claim I'm making is that it would be superior to what we currently have - a system whereby a monopolist extorts millions of people each year for 1/3 of their income, and educates their children for the first 18 years of their lives.  That kind of centralization of power is extremely dangerous.  &gt;Your security will have to be handled somehow. Do you think calling something a \"\"fee\"\", perhaps, changesmthe fundamental nature of the payment?  Of course not.  We believe that people should pay for their security voluntarily, just like they pay for their food and clothes.  Most people probably wouldn't even need security - just some cameras, a fence, and a small gun.  Some societies are more violent than others, naturally.  We don't expect Anarchocapitalism to spring up in a particularly violent society, as they tend to disrespect property rights anyway.  We think its genesis will happen in a first-world, atheist, non-violent country like Denmark or New Zealand.  &gt;Again, explicitly, how are you going to handle security?  I take umbrage with the way you've phrased this.  I will not be handling anything.  It is up to consumers to decide what is best for them, and entrepreneurs to experiment to determine the best way to do things.  The market is a system of trial-and-error, like the scientific process.  Here's a video of one possible way it could be done:  http://www.youtube.com/watch?v=8kPyrq6SEL0\""}
{"_id": "169405", "title": "", "text": "Website URL http://partybusrentalca.com  Business Address 231 Market Place #264 San Ramon, CA United States 94583 Business Phone Number (925) 968-4827  Business Email partybussanramon@gmail.com  Description of Business:  Looking for the perfect party bus rental in San Ramon, CA to take you anywhere throughout the Bay Area? Look no further than Party Bus San Ramon."}
{"_id": "169408", "title": "", "text": "If you want to trade to gain from short-term volatility, you can use Derivative-based ETFs that try to track the inverse of a broad index like the S&P 500. Note that these ETFs only track the index over a 1 day period, so you shouldn't hold these. If you're looking for a longer-term investment strategy, look at low-beta stocks, which often do well or produce dividend income during volatile times. Examples include McDonald's Corp and utilities like Consolidated Edison."}
{"_id": "169423", "title": "", "text": "Apparently, you have never visited with any Elders.  The money provided by the government has undermined the work ethic of the native Americans which is why drug and alcohol abuse is rampant in their communities.  If you pay some to do nothing they will do nothing."}
{"_id": "169426", "title": "", "text": "\"Something about artificially limiting the supply of taxicabs via the medallion system always rubbed me the wrong way, and so this makes me smile a little.  I figure, set the standards for taxicabs and then let anyone who wants to be a cabbie purchase a license from the city for a reasonable fee, and then let the market sort everything else out.  In this case, Uber and Lyft seem to be \"\"the market\"\", finally sorting things out.\""}
{"_id": "169431", "title": "", "text": "In the context of this article, it's millions of dollars.   But you're right, all life insurance is a scam, even if it's not always millions of dollars.  My wife will not suffer financially if I die. She's a strong independent woman. She has a good career."}
{"_id": "169432", "title": "", "text": "\"That's the problem with capitalism.  It doesn't seem to recognize any conservation principle.  People may be employees when they're working, but when they're off the clock, they're customers.  Maybe not at the same place where they work, but at some other business somewhere else.  As a whole, businesses must pay employees in income what they expect to receive from customers in revenue.  Otherwise the economic \"\"circle of life\"\" ends.  What we've been seeing for decades however is business taking ever larger pieces of the pie, while employees/customers see their incomes wither.  This is where government comes in.  Taxation of the wealthiest individuals is the economic pump which takes the accumulated wealth and puts it back into circulation.\""}
{"_id": "169444", "title": "", "text": "Metropolitan Shredding is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Adelaide."}
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{"_id": "169453", "title": "", "text": "Do you think it's our honorable duty to fund mass murder?  &gt; but we can pick who writes the legislation that decides how much goes to the military industrial complex.  Yes, but politicians and their cronies have perfected manipulating public opinion to their benefit. Pentagon contractors benefit from this perpetual warfare state more than anyone, and their voices outweigh the common voter."}
{"_id": "169465", "title": "", "text": "\"I'm actually quite impressed by lucky people.  Being lucky is a difficult skill to master.  Steve Jobs was lucky that he met Steve Wozniak.  Larry Page was lucky that nobody came up with Google before he did.  Bill Gates was lucky that IBM called at the time they did.    They all would have been successful without these lucky breaks.  They'd have had other \"\"lucky\"\" breaks.  Maybe not *as* successful, but they have the skill of spotting the opportunity and seizing it. The luck is the difference between being a billionaire and a multimillionaire.\""}
{"_id": "169477", "title": "", "text": "The contribution limits for an IRA extend across both traditional and Roth IRAs.  If you have both a Traditional and Roth, you are limited to $5000 in contributions to both ($2500 in each, $5000 in one and $0 in the other, etc).  Opening another IRA in this case wouldn't really help you out. I've always heard the conventional wisdom to be:"}
{"_id": "169483", "title": "", "text": "&gt;Reminder: SEC can only pursue civil charges. They cannot charge criminally.  Sure, and using their equations I can commit a triple homicide and the appropriate punishment is probation and a $36 fine but no record because I did not admit or deny charges."}
{"_id": "169496", "title": "", "text": "The banks figure that they'll get 80% of the value of the property at a sheriff's sale. So, they're lending you what they think they can recover if you default."}
{"_id": "169503", "title": "", "text": "(1) People have been predicting recessions as long as we can remember. That's a no-brainer. Participation trophy for being the next schmuck to do so.    (2) It's still a given. Many are saying the bailouts that took place in response to the Great Recession didn't allow for a proper correction. That may be what worsens the effects of the next asset bubble burst."}
{"_id": "169517", "title": "", "text": "How many from the board will go to jail?    If this was a structural engineering firm and every building that they made over the last decade collapsed, or at least a sizable number of them collapsed, they would be facing multiple life terms. But since they are bankers/investment companies, they can not be charged with gross incompetence/negligence for their failures."}
{"_id": "169532", "title": "", "text": "Farmers all over the world who have been victims of the US dumping agricultural products at below cost would disagree with you.   The last thing we should do is subsidize a system that puts farmers all over the world out of business. It does way more harm than good."}
{"_id": "169548", "title": "", "text": "Your impression about banks and bankers is very wrong.  Wall street banks can and often do lose in transactions.  In fact, banks go bankrupt and/or require massive bailouts to survive because they sometimes lose a ton of money.  The business of investment banking often involves bearing risk for customers, which, by definition, means they lose some of the time.  Generally the risks they take on individual transactions are not large enough to bring the whole bank down, but sometimes they are.  Banking is a job like any other, except that it has more risk than most. Anyway, to your point, how do underwriters make money on shares that fall in value before the sale?  On the commission.  The issuing company will normally pay the investment bank a percentage of the funds raised in the offering, regardless of the price.  Of course, it's possible for the bank to still lose money if their contract stipulates a minimum price and they are not able to meet it.  In that case, the bank may lose on that offering, contradicting your preconceived notion. By the way, one other question implicit in your post: Why was the secondary offering considered bad news?  If the CEO and other insiders have private information that indicates that the stock is overvalued, then doing a secondary offering at the inflated price will greatly enrich them.  Because this happens some times, investors are wary about secondary offerings.  This makes companies that would otherwise do a secondary offering shy away from it, even if shares are not overpriced.  Therefore if a company is doing a secondary offering, the market is likely to worry that the stock is overvalued even at a reduced price."}
{"_id": "169550", "title": "", "text": "&gt; literally under attack  Wow, that sounds dangerous! ;)  &gt; they feel we no longer need public education, since people need more of it now they figure why bother.  Is this their actual argument--that people need more of it now? I have never heard that one."}
{"_id": "169556", "title": "", "text": "\"Just out of curiosity, what do you mean by \"\"de-facto monopoly\"\"? Do you mean oligopoly? Also, T-Mobile is an outsider (owned by Deutsche Telekom AG) that has been in the U.S. for over a decade and it hasn't had much of an impact.\""}
{"_id": "169561", "title": "", "text": "The price gaps up because the offer is for a price above the current price. Therefore people want to buy now before the price jumps to the offer level. Of course it does depend on the tone of the announcement,  which party is making the announcement, and are they announcing an offer or a deal. If the price is $10, and the offer is for $12; then the price may quickly jump. The early buyers will make the most quick money. They hope that the deal is done quickly, or if not the final price ends up higher.  There are risks. The company could reject the offer. The due diligence could expose a problem. The regulators could reject the deal based on anti-trust issues. The deal could take many months to complete. Or the final deal could be for shares in the new company.  The risks are one reason people sell after the deal/offer is announced. In other cases the seller finally is seeing a profit, or a smaller loss and wants out while they can."}
{"_id": "169581", "title": "", "text": "Houses are larger, but also more expensive.  There are several things that people in 1979 didn't have that now are considered utilities: internet, cable, and cell service.  Essentially what the author is saying, I think, is that wages have been replaced in part by provided services, whether we want or need them, or not.  And the cost of living has been augmented by increased product utility; we pay more for our vehicles, for instance, but they are safer, more efficient, last longer, and have more goodies.  Essentially, what the Cato institute is saying is that we should ignore what we are being paid, and just be happy with all the gadgets we can get on the cheap, and the services that are provided for us."}
{"_id": "169587", "title": "", "text": "Erisa laws protect your retirement just like something should mandate what minimum ownership should be to classify yourself as exempt from labor laws.    I like this idea a lot....however how does 1 employee present enough value to actually effect the price of their company stock?  This would only work for top brass positions....which is probably the way it should be."}
{"_id": "169598", "title": "", "text": "Best consult a CA as you may anyway need his/her service. I am NRI, availed secured loan (Against house property) in India and now I want to get that money transferred to Finland. Loans by NRI taken in India cannot be transferred outside of India. Refer FOREIGN EXCHANGE MANAGEMENT (BORROWING AND LENDING IN RUPEES) REGULATIONS Loans in Rupees to non-residents 1[***].     7. Subject to the directions issued by the Reserve Bank from time to time in this regard, an authorised dealer in India may grant loan to a     non-resident Indian, (B) against the security of immovable property (other than   agricultural or plantation property or farm house), held by him in   accordance with the Foreign Exchange Management (Acquisition and   Transfer of Immovable Property in India) Regulations, 2000 :   ......   Provided that-   (d) the loan amount shall not be remitted outside India; Alternative: Sell the property in India, transfer the proceeds to NRO account. Repatriate the funds outside India as per Liberalized Remittance Scheme. Form 15CA/CB with CA certificate will be required."}
{"_id": "169613", "title": "", "text": "\"You mean to tell me that everyone doesn't pay his/her fair share?!  Please say it isn't so. :) Therein lies the welfare state:  Tax the rich more heavily to subsidize the poor, and hobble the rich's ability to do so on their own accord. In any case, though, in the United States, if you make any money whatsoever, that usually counts as income, and can hence be taxed.  Here's the IRS' definition of gross income.  Pretty all-inclusive, isn't it? Businesses are allowed to deduct expenses to count against their income, but if one has more expenses than income year after year, (a) this is the road to financial ruin, and (b) the IRS puts an end to the tax losses after enough years of failing to show a profit. So, sure, if a businessperson doesn't have any income, then they're technically using the roads, etc., \"\"for free,\"\" but unless the businessperson wants to live off the land and the kindness of strangers, he'd better turn a profit eventually.  Then he'll be taxed.\""}
{"_id": "169626", "title": "", "text": "\"As you pointed out in reference to cost-cutting, fiduciary lawsuits come out when things go wrong. When directors successfully increase stock value, everyone including shareholders is happy.   I'm not sure exactly where the best place is to look for such cases, but here's what my google-fu yielded:  * [Example 1](http://www.nytimes.com/1993/11/25/business/the-media-business-excerpts-from-ruling-in-paramount-case.html): Paramount is sold to Viacom at a lower price than QVC's offer, shareholders sue. Paramount claims they were looking out for long-term but shareholders sued them for screwing them out of maximal share value.  * [Example 2](http://www.professorbainbridge.com/professorbainbridgecom/2012/05/case-law-on-the-fiduciary-duty-of-directors-to-maximize-the-wealth-of-corporate-shareholders.html): Dodge v. Ford Motor Co, Ford had a majority share in his company and wanted to stop paying dividends to shareholders so he could expand his business. At trial Ford \"\"testified to his belief that the company made too much money and had an obligation to benefit the public and the firm\u2019s workers and customers.\"\" The court disagreed, as his motor company was set up for profit, not charity. Ford was ordered to resume paying dividends.  Interestingly I found many more lawsuits where corporations sacrificed long-term for short-term. It seems once incorporated this is where the internal incentives and pressures lead many managers, lawsuits are merely one of these pressures.\""}
{"_id": "169627", "title": "", "text": "\"Yes, many hedge funds (for example) did not survive 2008-2009.  But hedge funds were failing both before and after that period, and other hedge funds thrived.  Those types of funds are particularly risky because they depend so much on leverage (i.e. on money that isn't actually theirs). More publically-visible funds (like those of the big-name index fund companies) tended not to close because they are not leveraged.  You say that \"\"a great many companies\"\" failed during the recession, but that's not actually true.  I can't think of more than a handful of publically-traded companies that went bankrupt.  So, since the vast majority of publically-traded companies stayed in business, their stocks kept some/most of their value, and the funds that owned those stocks stayed afloat. I personally did not see a single index fund that went out of business due to the recession.\""}
{"_id": "169630", "title": "", "text": "In other words, tell me what I want to hear, and I will hire you. Companies don't want the truth, they want a nice package of words they want to hear. You think an MSCS grad would tell them what they want to hear? I knew a top security guy Accenture call SSO: SOS."}
{"_id": "169632", "title": "", "text": "I think most people have already answered this one pretty well.  (It's usually worth it, as long as you pay it off before the interest kicks in, and you don't get hit with any fees.) I just wanted to add one thing that no one else has pointed out:  Applying for the loan usually counts as a hard pull on your credit history.  It also changes your Debt-to-income ratio (DTI).  This can negatively impact your credit score. Usually, the credit score impact for these (relatively) small loans isn't that much.  And your score will rebound over time.  However, if it makes your score drop below a certain threshold, (e.g. FICO dips below 700), it could trip you up if you are also applying for other sources of credit in the immediate future. Not a big deal, but it is something to keep in mind."}
{"_id": "169633", "title": "", "text": "I got really lucky. I was hired on as a entry level employee at 80 at a small company and then an assistant manager ended up going to a different company and they needed someone to promote. They decided to go with me and groom me to exactly how they wanted as opposed to someone with more experience."}
{"_id": "169645", "title": "", "text": "\"Investing is not the same as illegal drugs.  One does not start with pot and progress to things like heroin in order to get a better high.  Penny stocks are a fools game and not an entry into the world of investing. The charts you mentioned are fake and likely the result of pump and dump schemes as my colleagues have pointed out in the comments.  They have no bearing on investing.  Good investment grade companies have many peaks and valleys over time.  Look at any company you are familiar with Apple, Google, Tesla, GE, Microsoft, etc... One has a few choices in getting \"\"into investing\"\" to name a few: All of those are valid and worthy pursuits.  Read books by Jack Bogle.\""}
{"_id": "169659", "title": "", "text": "\"&gt; they are literally depriving that company of roughly half of it's revenue.  No, Hachette is *depriving themselves*. They are welcome to agree to Amazon's terms, or open up their own online storefront elsewhere.   Again, it's like walking into a store, not wanting to pay a price for something, then saying you are somehow being 'deprived'!   If I want to sell something on eBay, I have to agree to eBay's terms and Paypal's terms. They *do* have a monopoly on online auctions. I know that if I do not want to meet their terms (which relates to very specific things I must do and rules I must follow and costs I must incur)  - I can find another venue to conduct my sales.  I read the response, and it seems quite silly to me. Hachette is walking on Amazon's ground and they need to recognize that, or open up their own retail space wherever however. They can go over to online competitor Barnes an Noble and sell their stuff there. Amazon does not \"\"owe\"\" them anything!\""}
{"_id": "169660", "title": "", "text": "This is why charities and churches exist.   Businesses exist first and foremost to accomplish the goals of the owners. For most publicly traded companies, it is pretty safe to assume that the number 1 goal of the owners is to make money. Paying your employees more than they are worth is not a good way to make money."}
{"_id": "169685", "title": "", "text": "Honestly it just seems like you never put enough work into any one thing, or a bunch of things, dabbled a little in everything and hoped you would be recognized. That's not how it works. You gotta love do something with the goal of being the best at it in your whole city, and then success will come to you. And maybe it won't, because such is life. But what stays with you and what should make you happy is the fact that you're really good at what you do.  Your problem is the exact same as every creative person I've met. Yeah, I know all of you hate being painted with the same brush, but I will always say the same thing hoping that I get through to one of you. You guys think you're talented, and you are talented, but you NEVER match the talent with hard work. So many of you walk around pissed off with the world that you didn't get what you deserve, but none of you accept that nobody deserves anything. There isn't an international council that awards success. You just gotta love what life is, do your best, and always remain optimistic. Success is never assured... but the surest and only way to get there is to hack away at one thing for always."}
{"_id": "169688", "title": "", "text": "The interest accrues daily based on the amount you owe.  The less you owe the less the daily interest accrual.  The faster you pay it off the less you pay in the lifetime of the loan.  You are losing money if you bank money rather than applying it to the loan immediately.  Since student loans cannot be declared in bankruptcy and interest rates cannot be refinanced, or are nonnegotiable, then you should consider your student loan a priority in case your employment/income runs into problems."}
{"_id": "169691", "title": "", "text": "\"Usually when the government defaults, the currency gets devalued. So as a debtor, that's a good thing -- your debt gets devalued. The \"\"catch\"\" is that your income and buying power is also devalued. So unless you happen to own the type of assets that become more valuable during those circumstances (real property, farms, utilities, certain industrial things, etc) you're looking at tough times ahead.\""}
{"_id": "169695", "title": "", "text": "Anyone considering this approach needs to talk to a lawyer before going ahead; certainly, you don't want to trust anything I say as legal advice as I have no legal training. This is not a gift. All the CRA has to show is that there was a reasonable expectation that the property would be sold and the money returned to the parent. That's obviously the case here; in your timeline, the evidence is in the two bank accounts after approximately six months. As to whether you'd get away with tax fraud of this nature, that depends on how careful the CRA is willing to investigate. There's another risk, too. Canada's at risk of a market correction on real-estate prices, where prices might drop 20-40%, or worse if you are pessimistic. That's speculation, of course, but such corrections are common-place over the long-term. If you buy a house today with the expectation of improving it and flipping it in six months, you run a very real risk of not recovering your initial investment, let alone the time and materials invested. Heck, you might not be able to sell the house at all. And from the parent's point of view, there's nothing to be done. They can't claim this was a gift, and now claim any sort of obligation whatsoever. The child isn't obligated to sell at a loss, and may not be able to sell in any case."}
{"_id": "169699", "title": "", "text": "Still, that at least makes it more difficult. Require a credit card (and ban credit card numbers) and that makes it even more difficult. No one would suggest that they'll ever reach a perfect solution, but they can certainly do a lot better than letting one user make 21 accounts and cancel 1,500 rides."}
{"_id": "169723", "title": "", "text": "I agree with mhoran_psprep's answer, but would like to add a few additional points to consider.   TurboTax and the professional it will send to represent you in case of a tax audit  have no more information about your tax return than what you entered into the program.  Now, there are three (or four) different kinds of audits.   The correspondence audit is the most common kind where IRS sends a letter requesting copies of documents supporting a deduction or tax credit that you have claimed. Representation is hardly necessary in this case.   The office audit is more serious where you have to make an appointment and go to the local IRS office with paperwork that the examining agent needs to see physically, and to answer questions, etc.  It would be better to be accompanied by a representative at these meetings. But, office audits are not as common as correspondence audits, and, because they are expensive for the IRS, usually occur when the IRS is fairly sure of recovering a substantial sum of money.  If you have been cutting corners and pushing the envelope in taking large enough deductions to make it worthwhile for the IRS to go after you, you probably should not have been using TurboTax to file your income tax return  but should have been using an accountant or tax preparer, who would be  representing you in case of an audit. If the reason that you used TurboTax  is that no accountant was willing to prepare a tax return with the deductions  that you wished to claim, I doubt that having TurboTax's representative with you when you go to the IRS office will help you all that much. An example of a field audit is when the IRS agent comes to your home to see if you actually have a space set aside to use exclusively as your home office as you claimed you did etc. A Taxpayer Compliance Measurement Program (TCMP) audit is where the  IRS randomly chooses returns for statistical checks that taxpayers are complying with the regulations. The taxpayer has to prove every line of the return. You claim to be filing as Married Filing Jointly? Bring in your marriage certificate.  Submit birth certificates and Social Security cards of your dependent children. And so on.  Yes, having TurboTax represent you for only $49.95 will help, but not if you are not married and cannot provide the IRS with a marriage certificate etc. So, pay the fee for peace of mind if you like, and as insurance as littleadv suggests.  But be sure you understand what you might be getting for the  money.  Most tax returns selected for audit are selected for what the IRS believes are good reasons, not at random.  If what you said If my tax return is randomly selected for audit they will represent me.  is interpreted literally, TurboTax will represent you only if your return is selected for examination under the TCMP program, not if it is selected for audit because the IRS believes that something is fishy about your return.  And as always, you get what you pay for."}
{"_id": "169742", "title": "", "text": "\"If you swap the word \"\"shareholder\"\" for \"\"investor\"\" I think it helps clarify things. If you owned 51% of the company you'd get to say what to do with the cash, would you not? Managers are smart and successful, but ultimately just employees. Companies are beholden to their shareholders.   In a more practical sense, I would think the board (representing shareholders) and the upper management would have to come up with a plan. But shareholders have the ultimate say.\""}
{"_id": "169754", "title": "", "text": "\"Good observation. In fact, the S&P index itself is guilty of not including dividends. So when you look at the index alone, the delta between any two points in time diverges, and the 20 return observed if one fails to include dividends is meaningless, in my my humble opinion. Yahoo finance will let you look at a stock ticker and offer you an \"\"adjusted close\"\" to include the dividend effect.\""}
{"_id": "169761", "title": "", "text": "If you have a reason to celebrate, then there is the reason for Paella party. Any Occasion! Birthday, christening, graduation, engagement, rehearsals, retirement, reunion, and wedding \u2013 our paella is sure to whet your appetite. We bring the restaurant to you in form of paella parties! Discuss prices and availability and let\u2019s get your Paella party started: http://paellacatering.jigsy.com/entries/general/reasons-to-choose-us-for-all-paella-parties"}
{"_id": "169772", "title": "", "text": "Hi, I'm trying to obtain daily time series for CZK Swap zero curve through Bloomberg Terminal for my thesis, dating at least 120 days back. I have basically zero experience working with the Terminal, and so far I have managed only to get data for one day (using BCurve and BCurvestrip functions in excel). I have also tried to message the support team, however their answer led me just to the functions I have already used. Here is a screenshot of what I want to get for each [day](https://i.stack.imgur.com/1yzQM.jpg), from 1st of July until today."}
{"_id": "169776", "title": "", "text": "FHA is 95 or 96.5 but its another program.  I'm closing one in 3 weeks so it's still around.  Google 97% LTV, you have to take a financial class and make under the median income I think, but that's 85.5k where I live."}
{"_id": "169793", "title": "", "text": "No, jobs enable demand to be met.  Economists are like physicists who work with equations like X=Y, but can't fathom the causal nature of the relationship...so they assume it's symmetric.  No.  Put the cart before the horse and you'll piss off the horse."}
{"_id": "169796", "title": "", "text": "as long as we still have consumer choice in America, it's a zero issue  I can buy a $500 car or a $250,000 car.  most other products are extremely diversified in price and quality to reflect their target markets' desires and purchasing powers"}
{"_id": "169824", "title": "", "text": "@Pete B.'s answer is good, but there's an important note to consider for tax purposes.  It's too large for a comment, so I'm adding it as an answer. And that is: you cannot claim the property as a rental property under certain conditions.  This affects things like claiming mortgage interest (which you don't have), and depreciation in value (which a rental is allowed). See IRS topic 415 for details, but I've included an important excerpt below with emphasis added: If you rent a dwelling unit to others that you also use as a residence, limitations may apply to the rental expenses you can deduct. You're considered to use a dwelling unit as a residence if you use it for personal purposes during the tax year for more than the greater of:  ...   A day of personal use of a dwelling unit is any day that it's used by: Talk to a tax accountant to better understand the ramifications of this, but it's worth noting that you can't just rent it to her for a paltry sum and be able to take tax advantages from this arrangement."}
{"_id": "169840", "title": "", "text": "Did you read your own link?  It lists a lot of conflicting studies and concludes that there is no consensus as a result of those.  Even if you were to cherry pick and select the worst case study, the difference is still less than  5 points, which is too small to be really meaningful."}
{"_id": "169847", "title": "", "text": "The bad news is that foreign exchange is ultimately somewhat unpredictable, and analyzing the risk of these things is not particularly straightforward. I'm afraid I don't know what tools exist to analyze these, aside from suggesting you look at textbooks for financial analysis classes. The good news is that there are other people who deal with multiple currencies (international businesses, for instance) who worry about the same thing. As such, you can take a look at foreign exchange rate futures and related instruments to estimate what the market as a whole currently expects the values to do. The prices of these futures could be a useful starting point."}
{"_id": "169858", "title": "", "text": "You were like the kid who lived next door to me.... I was so envious at the time how much Lego he had.  It's probably why I now enjoy buying large piles of Lego then cleaning and sorting them one of my favorite things to do."}
{"_id": "169861", "title": "", "text": "A living wage is a great idea but asking business to pay for it is bad. It's not that companies can't afford it, it's that for every company that can afford it there are about a dozen small ones that can't (eg small businesses).  The solution is to have a universal wage subsidy funded by the government and sourced through increased taxes (especially in the financial sector). This would allow companies to pay lowish wages while the government tops it up to ensure that low paid workers get more money."}
{"_id": "169874", "title": "", "text": "text blast is the now marketing. I think any company should try it right away. It is cheap and effective. texting service is something for your company to look into. I have been working in this text advertising for several year, so I do know the insight. Please contact me if you have any question."}
{"_id": "169886", "title": "", "text": "No, IRA contributions can only be made in the form of cash (rollovers and conversions are different). You'd have to sell the investments in your taxable account, incurring capital gains or losses, then transfer the proceeds to your IRA in cash. Note that the amount you can transfer is subject to the limits on how much one can contribute to the IRA each year. You could look into Vanguard Target Retirement funds, which have a lower $1,000 minimum investment, or Vanguard ETFs."}
{"_id": "169887", "title": "", "text": "Trasy Enterprises Has paved the way into industrial sector and we are one of the leaders in manufacturing and engineering enterprise. We began our trip in the year 1969 in Mumbai with Pranav Trashy as our pilot. We are a private firm overseen by technocrats with a turnover of 0.5 to 2.5 crores. Our primary point is to fulfill the client\u2019s needs and make the machines more effective inviting for speedy profitability.  We're at present one of the well-known maker of machines &amp; equipment especially for paper, film &amp; foil converting industry and have concentrated learning in our outlines.  Trasy Enterprises offer's you a total selection of items and all are set apart with the accompanying features like high quality, accuracy and high efficiency. These are the scope of items offered: Lamination covering machine, Pilot Coating machine, Label punching machine, Slitting Machine, Infrared Driers, PVC Gluing Machine, Hot Melt Hose.  To comprehend it better here are the characteristics of some of our product\u2019s:  Hot Melt Coating Machine - was developed by our company in the year 2006. The machine was exhibited in IIASE '07 exhibition at Nehru Center Bombay. The coating machine is fully featured, efficient as well as affordable. It's design caters particularly for use in a flexible packaging industry.  Gravure Printing Machine - The control panel of the Gravure Printing Machine is circulated through each printing unit and winding station. In the control board, clone switches are given for all operations, in this manner making the Gravure Printing Machine more easy to use. The administrator, just by an extend of the hand can do any operation.   Center Seal Pouch Making Machine : Model CS -3\u00a0 Trasy Enterprises is one of the main makers of amazing, exactness, and high efficiency Pouch Making Machines in India.. The machine has been outlined in such a way, that it gives a variety of Pouches. They can be printed or unprinted, laminates of HD, L.D. multilayer. The segments used to make the pouches are a blend of polyester, B.O.P.P, paper and aluminium foil in roll form.  All our product\u2019s are constantly one stage ahead in executing new innovation with an unmistakable arrangement of difficulties in the manufacturing business."}
{"_id": "169893", "title": "", "text": "If I were you, I would pay off the car loan today. You already have an excellent credit score.  Practically speaking, there is no difference between a 750 score and an 850 score; you are already eligible for the best loan rates.  The fact that you are continuing to use 5 credit cards and that you still have a mortgage tells me that this car loan will have a negligible impact on your score (and your life). By the way, if you had told me that your score was low, I would still tell you to pay off the loan, but for a different reason.  In that case, I would tell you to stop worrying about your score, and start getting your financial life in order by eliminating debt.  Take care of your finances by reducing the amount of debt in your life, and the score will take care of itself.  I realize that the financial industry stresses the importance of a high score, but they are also the ones that sell you the debt necessary to obtain the high score."}
{"_id": "169921", "title": "", "text": "Here is an overview of who owns US Debt from Wikipedia, it indicates that approximately 1/3rd of US debt is held by foreigners (mainly the central banks of other countries), approximately 1/2 of US Debt is held by the federal reserve, and the rest is owned by various America organizations (mutual funds, pension funds, etc). The money is loaned via bonds, treasury bills, etc. When you put money in your pension fund, you very likely buying US debt. The US Treasury department all has a comprehensive page about how public debt works in the United States here: an overview of public debt from the treasury. I wasn't able to find a similar breakdown for other countries, but Wikipedia has a comprehensive list of how much debt is owed by other countries: a list of countries by public debt."}
{"_id": "169954", "title": "", "text": "\"Insofar as a 52 week high indicates a peak, yes.  However, the truth is that \"\"buying low and selling high\"\" means \"\"Act a Fool!\"\" You see, when you buy low, you are perceived to be buying total garbage - throwing your money away and conversely when selling high you are perceived to be a total idiot - selling a winner.  That's how people will see you when you are in fact buying low and/or selling high, right?  It's those people that (mis)value the asset, right?  An asset is worth what the people will pay for it, right? ...And don't forget that holding a loser is MUCH easier than holding a winner. Good luck!\""}
{"_id": "169964", "title": "", "text": "\"And Trump is getting ready to waste more.  And the War On Drugs ain't helping a bit either.  Please watch this and share this with everyone you know.  It is on Netflix and it is [13th.](https://www.netflix.com/watch/80091741?trackId=13752289&amp;tctx=0%2C4%2C8b34579d87db4a3f03db3becf7005998b237deea%3Af794d9d3c059e15c3795028bef1ec83fee8b3bec)  It explains everything you need to know about the US \"\"Justice\"\" System.\""}
{"_id": "169978", "title": "", "text": "The OP might have obtained his credit card by now but I'm answering now as there is one more easy way to get a credit card. All major Indian banks like SBI, ICICI, HDFC and Axis issue instant credit cards on opening a FD (Fixed Deposit).  For instance ICICI offers one for FD amount of as less as \u20b920000. The credit limit on such cards will be 85% of the deposit amount. Another advantage of these kind of cards is customer won't be charged any annual fees and at the same time interest will be paid on original FD."}
{"_id": "169980", "title": "", "text": "Canadians can email or text each other money through Interac. It is fast - the longest it's ever taken for me is 20 minutes, often it's less - and secure. You don't need to know each other's banking details or even real names. I've used this to send money to my children, each of whom uses a different bank than I do, and they've used it to send money to friends to pay for concert tickets and the like. You add a security question so if someone else got to the email or text first, they wouldn't get the money. I also get an email once the transfer has gone through, so I know they got it. Some banks limit this to $1000 a day, mine to $3000. Typically there is no fee for the recipient and $1 or $2 for the sender. A dollar on $1000 is way better than a 2 or 3% cc processing fee. But even for $30, a dollar is like 3% and you didn't need to apply for anything or set anything up, and your customers don't need a credit card or to trust you with their credit card details. I keep meeting people who don't know about this. Everyone with a Canadian bank account and an email address or smartphone should know about it."}
{"_id": "169987", "title": "", "text": "Yes anyone can credit an NRE account from outside. Most Banks in Dubai should be able to do this [The charges maybe higher], there are other remittance services offered from leading Indian banks like HDFC, ICICI, SBI, Axis etc.  A purpose of remittance needs to be provided, ask your Bank / Service Provider in Dubai and they should be able to tell your friend more details."}
{"_id": "170042", "title": "", "text": "\"If they could really do this, do you really think they would be wasting their time offering this course? You are being lied to. (Or more accurately: It's certainly possible to gamble and get lucky, but those gambles are  more likely to result in your rapidly  losing your money than in your rapidly gaining value.) It is possible to make money in the market. But \"\"market rate of return\"\" has historically averaged around  8%. That won't make you rich by itself, but it's better return than you can get from banks... at higher risk, please note. There are places in the market where, by accepting more risk of losing your money, you can improve on that 8%. For me the risk and effort are too much for the potential additional gains, but de gustibus.\""}
{"_id": "170054", "title": "", "text": "Hypothetical Question: What happens if the state can't make pension obligations anymore?   Credit rating would go down, pensioneers (current and future) would have to take a cut and some taxes would increase or legislation would change that makes it impossible to enact pension holidays. Probably a combination of the above.   What else would happen?"}
{"_id": "170065", "title": "", "text": "\"Agree. Those disclaimers are so broad though... And are designed to give readers the illusion that he has taken detailed presumptions into deep consideration.... When in reality all he is ever saying when he qualifies arguments is : \"\"nothing of what I state in this book ever applies completely and fully to all scenarios\"\"\""}
{"_id": "170096", "title": "", "text": "\"For this type of loan, to be considered \"\"arm's length,\"\" the rate needs to be fair (you got that covered), the loan must be secured against the house, via a lien, else it may be considered a non-deductible personal loan, and last, you need the 1099.  You might get away with the first 2, as he's claiming the interest, but the lien is key.\""}
{"_id": "170110", "title": "", "text": "\"It is. And once you start considering the agenda of those who lent you the money to begin with, it becomes increasingly difficult to justify catering to their needs. Sometimes, 'tis best to say \"\"fuck it\"\" and relocate to a place where they can't do a damn thing insofar as collecting is concerned. Fuck 'em.\""}
{"_id": "170119", "title": "", "text": "The two of you inherited the house. unless the will specified otherwise, it's half each."}
{"_id": "170125", "title": "", "text": "They don't mention it here, but the crash was due to a 2% imbalance between supply and demand.  It doesn't take much to affect prices.  Given that EVs were 1% of global sales in 2016, and have been growing at 50-100% annually, it shouldn't be too long until electrification knocks 2% off total oil demand.  Will that cause another oil price crash?  Last year's Bloomberg article projected 2023..."}
{"_id": "170127", "title": "", "text": "&gt; PPs I don't know about anyone else, but I hardly ever use Reddit desktop. Mobile app only for me.  from the article:  &gt; Raising $200 million in 2017 to help redesign a desktop webpage may strike some as odd. But 80 percent of Reddit\u2019s 300 million users still visit Reddit on the web, Huffman said, so its desktop audience is still a major priority."}
{"_id": "170141", "title": "", "text": "\"There are two fundamentally different reasons merchants will give cash discounts. One is that they will not have to pay interchange fees on cash (or pay much lower fees on no-reward debit cards).  Gas stations in my home state of NJ already universally offer different cash and credit prices.  Costco will not even take Visa and MasterCard credit cards (debit only) for this reason. The second reason, not often talked about but widely known amongst smaller merchants, is that they can fail to declare the sale (or claim a smaller portion of the sale) to the authorities in order to reduce their tax liability.  Obviously the larger stores will not risk their jobs for this, but smaller owner-operated (\"\"mom and pop\"\") stores often will.  This applies to both reduced sales tax liability and income tax liability.  This used to be more limited per sale (but more widespread overall), since tax authorities would look closely for a mismatch between declared income and spending, but with an ever-larger proportion of customers paying by credit card, merchants can take a bigger chunk of their cash sales off the books without drawing too much suspicion. Both of the above are more applicable to TVs than cars, since (1) car salesmen make substantial money from offering financing and (2) all cars must be registered with the state, so alternative records of sales abound.  Also, car prices tend to be at or near the credit limit of most cards, so it is not as common to pay for them in this way.\""}
{"_id": "170143", "title": "", "text": "In the UK, recent changes to pension taxation mean that from April 2011, people earning between \u00a3150,000 and \u00a3180,000 total and making large pension contributions (>\u00a350,000 or so) will pay a marginal tax rate on additional salary of >100%. This is because pension contributions normally attract tax relief at the highest marginal rate - i.e. 40% if the gross salary is above about \u00a340,000, and 50% for salaries above \u00a3150,000. But after April 2011, the rate of relief will be tapered down for gross salaries above \u00a3150,000, reaching 20% for a gross salary of \u00a3180,000. So for example if you earn \u00a3175,000 and make a contribution of \u00a350,000, then an additional \u00a31,000 in salary will incur \u00a3500 of direct tax, and also lead to a 1% reduction in tax relief (from 25% to 24%), costing another \u00a3500. Once you factor in National Insurance of another 1% or so, the net effect of the pay rise is negative."}
{"_id": "170147", "title": "", "text": "They are using several banks, hedge funds or other financial institutions, in order to diversify the risk inherent to the fact that the firm holding (a fraction of) their cash, can be insolvent which would makes them incur a really big loss. Also, the most available form of cash is very often reinvested everyday in overnight*products and any other highly liquid products, so that it can be available quickly if needed. Since they are aware that they are not likely to need all of their cash in one day, they also use longer terms or less liquid investments (bonds, stocks, etc..)."}
{"_id": "170167", "title": "", "text": "If your APR is quoted as nominal rate compounded monthly, the APR is 108.6 %. Here is the calculation, (done in Mathematica ). The sum of the discounted future payments (p) are set equal to the present value (pv) of the loan, and solved for the periodic interest rate (r).  Details of the effective interest rate calculation can be found here. http://en.wikipedia.org/wiki/Effective_interest_rate#Calculation"}
{"_id": "170190", "title": "", "text": "The typical mattress sells for 60% gross profit or more. So there's plenty of room for commissions and plenty of room for offering hefty $50 affiliate bonuses on top of $50 coupons.  Here's another interesting rabbithole. Fraekonomics' podcast:  **Are We in a Mattress-Store Bubble?**   http://freakonomics.com/podcast/mattress-store-bubble/"}
{"_id": "170194", "title": "", "text": "If you can separate the following two points, and live with them. I think you are good to go ahead. Otherwise I would seriously recommend you to reconsider.  Are you willing to give out this much money help a friend assuming that you will never get it back? This is what it means to give a gift, don't let their current intentions distract you from this. Will you be happy to wait as long as it takes till he is able and willing to give you some money? Is it ok if this moment never occurs, or would you feel like the money belongs to you already? This is what it means to receive the promise of a gift, don't get distracted by the fact that you may have given them something before. I don't have a legal background, but if you actually give the money to him so he can buy a house, without demanding something in return, I would judge that you are at least morally ok. (And if the transaction is in cash and fully deniable, you are probably not going to face legal problems in practice)."}
{"_id": "170200", "title": "", "text": "take what you can get man. first off if you're offered a good job then take it. I dont know what kind of school you went to and i dont know pay scales in reno area. i am super close to nyc and if a good company gave me 40-50k i would take it in a heartbeat and my cost of living, i would assume is higher than Reno's. You would be really selling yourself short if you turned down a job because they offered you less than what you expected. 40k seems reasonable for now but whats more valuable is experience which will lead to a job that pays you what you really want."}
{"_id": "170204", "title": "", "text": "Assuming that a person has good financial discipline and is generally responsible with spending, I think that having a few hundred or thousand dollars extra of available credit is usually worth more to that person for the choice/flexibility it provides in unforeseen circumstance, versus the relatively minor hit that could be taken to their credit score."}
{"_id": "170209", "title": "", "text": "WFC shareholder here. I bought up a ton more during last summer's scandal. The reason people don't switch banks is because it's a huge pain in the ass. Take myself for example. I have a savings, checking, credit card, and brokerage through them. If I were to change, Id have to pull all my money out, put it into a new bank, and resetup all my autopayments. Im not even sure how my brokerage account would work. Would I have to sell everything to move it? And face a huge tax liability? Im not sure. It's really just not worth it to me.  And the more money you have with a bank, the less likely you are to do it.   When I was younger, I switched banks 3 times. I had money in two different banks, and switched them to a credit union. Then the credit union pissed me off, so I pulled all my money out and switched to Wells Fargo. But that was when I was still a teenager so my accounts werent very complicated yet."}
{"_id": "170217", "title": "", "text": "&gt;There's a whole field called psychology that will agree with me and has data to support it. It's not judgement, it's the truth    If the entire field of psychology agrees with you then it shouldn't be difficult for you to share a few peer reviewed studies with us all. Go ahead, we'll be waiting."}
{"_id": "170227", "title": "", "text": "\"It is important to distinguish between being forced to do something because of a natural law (\"\"I am forced to eat in order to stay alive\"\") and being forced to do something by the actions of another sentient being (\"\"Wal-Mart is holding a gun to my head and forcing me to work for $10 an hour or be shot\"\").  No one is forcing anyone to work at Wal-Mart even if that person is \"\"forced\"\" to work there because there are no other employment opportunities available to them.\""}
{"_id": "170228", "title": "", "text": "\"The big reason why this is hard to wrap your head around via analogy is because we think of \"\"money\"\" as printed paper cash. Now, that stuff *is* money, but it's not the only kind of money. In fact, it's not even close to the majority of money in the system.   When you charge dinner to a credit-card, your credit-card company sends an electronic \"\"promise\"\" to the restaurant, which based on your \"\"promise\"\" to re-pay the credit-card company, which is in turn based on your employer's promise to pay you for wages that you earned this past week, and so on... Similarly, the restaurant pays their landlord and employees and suppliers with checks and electronic-funds funds transfers, which are promises that the restaurant's bank will pay the check-holder's bank and so on.   It's not like there are gnomes running around with bags of cash or gold behind the scenes: these \"\"promises\"\" are money that is actually being spent and re-spent, usually *without ever getting reconciled as actual cash withdrawals of printed currency.* It's promises all the way down: You can pay off a mortgage without ever once handing anyone a single printed dollar-- it's just checks and bank-transfers from your employers/investments, passed along to the creditor. And that's *real money*, even if it never gets printed.   This can be pretty cleanly described mathematically (that's the kind of stuff where econ is pretty genuinely a \"\"science\"\", as opposed to the messier market-prediction and public-policy stuff). But it is very hard to make sense of via \"\"analogy\"\".   That's why I used a fictional world where money doesn't exist. If you set aside your preconceptions, don't try to second-guess or think ahead to the conclusions, but just read through the story as it is written, you will see that there is *no meaningful difference at all* between the apple-certificates, the merchant-cartel-printed loddars, and a personal IOU handwritten from one person to another, except for the credibility of the issuer.   Seriously, don't argue, don't \"\"yeah, but\"\", don't try to tie this to your paycheck, don't try to think about how this relates to the mortgage collapse, just read through the story as it is written. Because I can't \"\"prove\"\" to you (except through pretty hairy mathematical models) that money is debt by explaining it in reverse-- it runs counter to all of your experiences as a participant in the model, in countless ways. *But it is*.   Until you internalize that fact, and wrap your head around the fact that money is just IOUs, it will never make sense that money can be just \"\"gone\"\". If you sell me a watermelon, and I get hit by a bus carrying it home, the watermelon is gone. \"\"Yeah, but I still have the money\"\", you say.   But suppose that instead of cash, I had written a promise to come paint your house this weekend. \"\"Sure,\"\" you say, \"\"but that's not the same as money.\"\" *But it is*, in very literal ways.   I'm never going to convince you that my promise to paint your house is the same fundamental stuff as US Dollars, differentiated only by the credibility of the issuer... you're just not going to believe me, and we'll get nowhere arguing analogies.   So instead, just read through the story above, without prejudice, and follow the history of that little make-pretend world. Because you'll never make sense of \"\"where the money went\"\" until you can internalize the concept of money as promises that can be broken.\""}
{"_id": "170247", "title": "", "text": "I can think of a few simple and quick techniques for timing the market over the long term, and they can be used individually or in combination with each other. There are also some additional techniques to give early warning of possible turns in the market. The first is using a Moving Average (MA) as an indication of when to sell. Simply if the price closes below the MA it is time to sell. Obviously if the period you are looking at is long term you would probably use a weekly or even monthly chart and use a relatively large period MA such as a 50 week or 100 week moving average. The longer the period the more the MA will lag behind the price but the less false signals and whipsawing there will be. As we are looking long term (5 years +) I would use a weekly chart with a 100 week Exponential MA. The second technique is using a Rate Of Change (ROC) Indicator, which is a momentum indicator. The idea for timing the markets in the long term is to buy when the indicator crosses above the zero line and sell when it crosses below the zero line. For long term investing I would use a 13 week EMA of the 52 week ROC (the EMA smooths out the ROC indicator to reduce the chance of false signals). The beauty of these two indicators is they can be used effectively together. Below are examples of using these two indicators in combination on the S&P500 and the Australian S&P ASX200 over the past 20 years.  S&P500 1995 to 2015  ASX200 1995 to 2015 If I was investing in an ETF tracking one of these indexes I would use these two indicators together by using the MA as an early warning system and maybe tighten any stop losses I have so that if the market takes a sudden turn downward the majority of my profits would be protected. I would then use the ROC Indicator to sell out completely out of the ETF when it crosses below zero or to buy back in when the ROC moves back above zero. As you can see in both charts the two indicators would have kept you out of the market during the worst of the downfalls in 2000 and 2008 for the S&P500 and 2008 for the ASX200. If there is a false signal that gets you out of the market you can quite easily get back in if the indicator goes back above zero. Using these indicators you would have gotten into the market 3 times and out of it twice for the S&P500 over a 20 year period. For the ASX200 you would have gone in 6 times and out 5 times, also over a 20 year period. For individual shares I would use the ROC indicator over the main index the shares belong to, to give an indication of when to be buying individual stocks and when to tighten stop losses and stay on the sidelines. My philosophy is to buy rising stocks in a rising market and sell falling stocks in a falling market. So if the ROC indicator is above zero I would be looking to buy fundamentally healthy stocks that are up-trending and place a 20% trailing stop loss on them. If I get stopped out of one stock then I would look to replace it with another as long as the ROC is still above zero. If the ROC indicator crosses below zero I would tighten my trailing stop losses to 5% and not buy any new stocks once I get stopped out. Some additional indicators I would use for individual stock would be trend lines and using the MACD as a momentum indicator. These two indicators can give you further early warning that the stock may be about to reverse from its current trend, so you can tighten your stop loss even if the ROC is still above zero. Here is an example chart to explain:  GEM.AX 3 Year Weekly Chart Basically if the price closes below the trend line it may be time to close out the position or at the very least tighten up your trailing stop loss to 5%. If the price breaks below an established uptrend line it may well be the end of the uptrend. The definition of an uptrend is higher highs and higher lows. As GEM has broken below the uptrend line and has maid a lower low, all that is needed to confirm the uptrend is over is a lower high. But months before the price broke below the uptrend line, the MACD momentum indicator was showing bearish divergence between it and the price. In early September 2014 the price made a higher high but the MACD made a lower high. This is called a bearish divergence and is an early warning signal that the momentum in the uptrend is weakening and the trend could be reversing soon. Notice I said could and not would. In this situation I would reduce my trailing stop to 10% and keep a watchful eye on this stock over the coming months. There are many other indicators that could be used as signals or as early warnings, but I thought I would talk about some of my favourites and ones I use on a daily and weekly basis. If you were to employ any of these techniques into your investing or trading it may take a little while to learn about them properly and to implement them into your trading plan, but once you have done that you would only need to spend 1 to 2 hours per week managing your portfolio if trading long-term or about 1 hour per nigh (after market close) if trading more medium term."}
{"_id": "170248", "title": "", "text": "\"If you were making that large of a payment (via a cashiers check or other   withdrawal means from a cash account)   to a credit card, would the payment   generate a Cash Transaction Report? Probably, yes. If it does require the bank to make a CTR, then is there any harm in   that or anything to be concerned about   (like that transaction appearing   suspicious, personal reporting   implications, etc.)? Are there any   other reasons why one might want to   make sure payments to a credit card   are broken up made* in amounts smaller   than $10K? You should be concerned if you cannot explain the source of the money (legally...). If you withdrew cash from your own account and paid your credit card with it, in case of questions asked you can show the account statement with the matching withdrawal, and you're done. The point in this report is to point at people who move around large amounts of cash. Usually, people pay credit cards with checks or ACH transactions, but if you want cash - it's your right, as long as the cash was obtained legally. But if you're paying your credit cards off with the cash you got as a bribe or by selling cocaine on the streets, then you should be worried. By the way, breaking into smaller payments may not save you from being reported to the money laundering detection agencies. The report is per transaction, not per payment, so if the credit card statement is $11K and you pay $5K and $6K - the transaction is still $11K. Also, the bank can file a report even if it is not required (it was clarified in the other answer to the same question you're referring to), if the clerk thinks the transaction is suspicious. This leaves the decision on filing a report solely on the banks \"\"common sense\"\" and internal policies which you don't know. So even paying $10 in cash may trigger a report if the bank suspects wrongdoing.\""}
{"_id": "170269", "title": "", "text": "Gotta love advice from a guy that bankrupted himself by spending like a moron. Also like how he didn't specify what taxes would be so crippling that he'd have to shut down the business other than the marginal tax rate which really has no impact on the business itself.  I also liked how he asked his employees if they would continue to work for 50% pay, which is a failure at multiple levels. First, it fails to point out at a 50% rate isn't currently on the table. Second, if it was it would mean that worker was making a crap ton of money. Third, most of his employees probably can't stop working because they don't have a crap ton of money like he does."}
{"_id": "170271", "title": "", "text": "You're in a deep deep hole with no internships or related experience. I have an internship and uni investment fund stint under my belt and I still get passed on for some financial analyst interviews  You're gonna have to rely on networking. Or do temp/contract work to get your resume up"}
{"_id": "170281", "title": "", "text": "Then the Brick and mortar stores will just switch to delivery. Walmart could deliver pretty much anything to you in 15 minutes, as well as CVS or Walgreens and a few other stores. They don't though because it is much more profitable to have you come into the store and buy some shit you don't need. If it ever reaches a tipping point where online is really taking away that much then they will easily change. The going into a store and shopping isn't going anywhere though because there is certain brain chemistry at play that gets you to spend more money and enjoy it more not just because of getting the item sooner, but the inspection process etc.  What's probably more likely is that you will end up going into small local, very close to you demo stores, and checking out the items, deciding what you want, using your smartphone to build a cart. Going through a cart confirmation and then the items will be delivered to your home in ~20 minutes or so, there will also be things you can buy directly at the demo store and take home such as new items that are being promoted. You may even be able to select items at home that you want to checkout and have that bundled with your delivery from the demo store."}
{"_id": "170294", "title": "", "text": "Private companies can serve the campaign donation needs of Congress, the USPS can't.  That's the driving force behind privatization in the US. Raising campaign funds is the one thing Congress is good at. Government agencies aren't allowed to make political donations, but they can be replaced with private companies that can. Replace well paid workers (who might donate to Democrats) with corporate executives who donate to Republicans. And minimum wage workers who can't afford to donate to anyone. Taxpayers get to pay even more, because competition only lowers prices in profitable markets, while government provides unprofitable but necessary services.  For example, the USPS is required to provide universal service, which is costly but contributes to a better society and a more robust economy. FedEx and UPS don't want to service rural locations; cities and suburbs are more profitable."}
{"_id": "170305", "title": "", "text": "\"Here's another perspective - I work in FP&amp;A at a large Chicago bank. I originally was interested in treasury, but here it is mostly cash management/reserve requirements/etc. - not really my cup of tea. A lot of our M&amp;A activity and fundraising roles are held by former I-Bankers. It might be hard to make it into that role.    I don't have any \"\"Accounting Functions\"\" - the accounting teams do that. While I am involved in planning and forecasting, I also provide a lot of strategic analysis on projects and ad-hoc/pro-forma reporting. Here, FP&amp;A is more the voice of the financial function in strategic decision making.   One other piece of advice - see if you can talk to some people on the team and see what their day-to-day is like. If you're interested in FP&amp;A in the true sense and not accounting/GLs, try looking for a larger firm.\""}
{"_id": "170314", "title": "", "text": "Because we don't let people with any kind of chronic disorder into the military, especially one that requires constant medication.  So no asthma, diabetes, etc.   It's an unacceptable risk if that person is cut off from the supply lines or captured and unable to get medication.   In the army you might be expected to survive in the field for extended durations.  It's a good idea to exclude people for the sake of combat readiness.    That's why we have an army in the first place.  To be combat ready.   But again, I'm sure you would circlejerk about how evil a decision it is, because you no longer think critically about things and you have fully internalized the propaganda.  To the point where you don't even think it's necessary to justify or explain it, you seem to think that it speaks for itself."}
{"_id": "170318", "title": "", "text": "It depends on your investment profile but basically, dividends increase your taxable income. Anyone making an income will effectively get 'lower returns' on their investments due to this effect. If you had the choice between identical shares that either give a dividend or don't, you'll find that stock that pays a dividend has a lower price, and increases in value more slowly than stock that doesn't. (all other things being equal)  There's a whole bunch of economic theory behind this but in short, the current stock price is a measure of how much the company is worth combined with an estimation of how much it will be worth in the future (NPV of all future dividends is the basic model). When the company makes profit, it can keep those profits, and invest in new projects or distribute a portion of those profits to shareholders (aka dividends). Distributing the value to shareholders reduces the value of the company somewhat, but the shareholders get the money now. If the company doesn't give dividends, it has a higher value which will be reflected in a higher stock price.  So basically, all other things being equal (which they rarely are, but I digress) the price and growth difference reflects the fact that dividends are paying out now. (In other words, if you wanted non-dividend shares you could get them by buying dividend shares and re-investing the dividend as new shares every time there was a payout, and you could get dividend-share like properties by selling a percentage of non-dividend shares periodically). Dividend income is taxable as part of your income right away, however taxes on capital gains only happen when you sell the asset in question, and also has a lower tax rate. If you buy and hold Berkshire Hatheway, you will not have to pay taxes on the gains you get until you decide to sell the shares, and even then the tax rate will be lower. If you are investing for retirement, this is great, since your income from other sources will be lower, so you can afford to be taxed then. In many jurisdictions, income from capital gains is subject to a different tax rate than the rest of your income, for example in the US for most people with money to invest it's either 15% or 20%, which will be lower than normal income tax would be (since most people with money to invest would be making enough to be in a higher bracket). Say, for example, your income now is within the 25% bracket. Any dividend you get will be taxed at that rate, so let's say that the dividend is about 2% and the growth of the stock is about 4%. So, your effective growth rate after taxation is 5.5% -- you lose 0.5% from the 25% tax on the dividend. If, instead, you had stock with the same growth but no dividend it would grow at a rate of 6%. If you never withdrew the money, after 20 years, $1 in the dividend stock would be worth ~$2.92 (1.055^20), whereas $1 in the non-dividend stock would be worth ~$3.21 (1.06^20). You're talking about a difference of 30 cents per dollar invested, which doesn't seem huge but multiply it by 100,000 and you've got yourself enough money to renovate your house purely out of money that would have gone to the government instead. The advantage here is if you are saving up for retirement, when you retire you won't have much income so the tax on the gains (even ignoring the capital gains effect above) will definitely be less then when you were working, however if you had a dividend stock you would have been paying taxes on the dividend, at a higher rate, throughout the lifetime of the investment.  So, there you go, that's what Mohnish Pabrai is talking about. There are some caveats to this. If the amount you are investing isn't large, and you are in a lower tax bracket, and the stock pays out relatively low dividends you won't really feel the difference much, even though it's there. Also, dividend vs. no dividend is hardly the highest priority when deciding what company to invest in, and you'll practically never be able to find identical companies that differ only on dividend/no dividend, so if you find a great buy you may not have a choice in the matter.  Also, there has been a trend in recent years to also make capital gains tax progressive, so people who have a higher income will also pay more in capital gains, which negates part of the benefit of non-dividend stocks (but doesn't change the growth rate effects before the sale).  There are also some theoretical arguments that dividend-paying companies should have stronger shareholders (since the company has less capital, it has to 'play nice' to get money either from new shares or from banks, which leads to less risky behavior) but it's not so cut-and-dried in real life."}
{"_id": "170323", "title": "", "text": "The average house uses about 30 kWh per day, and an electric car would require about 9 kWh per recharge. But residential electricity is only 37% of the grid, so even if every car in the US was electric, only 11% more capacity would be needed."}
{"_id": "170350", "title": "", "text": "\"You didn't even bother to scan the article I linked. \"\"Real\"\" organic milk for example has double the CLA and ALA and 60% of the LA of conventional milk and \"\"fake\"\" organic due to organic's pasture rules. Grass-fed beef shows similar numbers. Pasture-raised eggs have been [proven to be significantly higher in Omega-3s, Vitamin E, D, etc.](http://wholehealthsource.blogspot.com/2009/05/pastured-eggs.html)  Granted for a lot of fruits and vegetables there are smaller health differences but there are still large differences for the land and farmworkers. Cancer for farmworkers sucks, even if it doesn't personally affect you.  Vaccines don't cause Autism.\""}
{"_id": "170368", "title": "", "text": "Good points. I'd like to add some more:   6. Automation is deflationary   7. Low birth rate is deflationary   8. Declining educational level is deflationary   9. Migration of uneducated people is deflationary   10. Declining EROI is deflationary  The printing press only inflates the valuation of assets, causing the inequality to rise. For people who do not have assets, life becomes more and more unaffordable. Redistribution of wealth cannot solve this problem, as the financial markets require a growing money base. Otherwise, Hyperinflation would be an inevitable consequence.    Economic decline is merciless."}
{"_id": "170369", "title": "", "text": "When the government controls your education, you only learn what the government wants you to learn, and your attitudes towards conflicting information can be taught to you and reinforced for more than a decade, during your most impressionable time. There is a REASON the government wants to raise you, and not your parents."}
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{"_id": "170377", "title": "", "text": "And honestly, if they don't understand email, it's probably better that they stay the hell away from it for national security purposes.   I don't have a problem whatsoever with them not knowing how to use email. That is not a skill that is really critical for what they do, and if it is detrimental to their overall productivity, they probably make up for it in their depth of knowledge and skill in the incredibly niche area of naval combat strategy."}
{"_id": "170378", "title": "", "text": "&gt; I get Goldman allowing a yacht as collateral, at that size it's basically real estate. But an Andy Warhol? Fine art prices are so subjective and manipulated, it seems ridiculous to think that a company would allow it as collateral against a loan.   Lol, a painting ages far far better than a Yacht."}
{"_id": "170379", "title": "", "text": "Factset also provides a host of tools for analysis. Not many people know as they aren't as prevalent as Bloomberg. CapitalQ and Thomson Reuters also provide analysis tools. Most of the market data providers also provide analysis tools to analyze the data they and others provide."}
{"_id": "170387", "title": "", "text": "\"Most of the work done as an analyst or associate depends on whether or not you are assigned to a deal at the time.  If not, you're probably going to be working on pitch books, which is basically putting together a firm template-style powerpoint file \"\"pitching\"\" a company to a potential client.  The pace is slower, but the work is boring.  If you're on a deal, then the stress level is raised as you have to respond to client demands and timing immediately.  You are typically doing some basic forms of analysis/modeling and then importing that into a powerpoint report.  You are working on these reports endlessly, turning review comments from associates, VP's, and MD's.  As you get higher up the chain you do more of the dealrunning (communicating to all the various parties to the deal, third party diligence, buy-side, etc.) and client-facing activities.  You can find a lot of good info on the finance industry on wallstreetoasis.com.  I'm personally in transaction services doing diligence work at a Big4, and I've always found WSO to be a good resource for at least basic info.  You obviously need to weed out the people who are dumbasses/don't know anything (current students), but plenty of guys actually in the industry post regularly.\""}
{"_id": "170388", "title": "", "text": "\"I don't know why they put quotes around terrible as if they are saying it wasn't that bad. However, the information we are seeing shows we could be entering a \"\"new\"\" recession by the end of the year. Not very good.\""}
{"_id": "170402", "title": "", "text": "They should be rendered worthless by making the medallion concept illegal. It is a way for corrupt government to be more corrupt that it otherwise can be. It is municipal level corruption outside of view of voters and scrutiny. The medallions are a way to make millions of dollars for people who don't do anything for it, nor deserve any of that money. Its artificial monopoly making for the incestuous class operating within of government."}
{"_id": "170405", "title": "", "text": "I bought a digital game and I had to use their stupid app to get the keycode, which it never gave me.  I ended up wasting shit tons of time on the phone with their idiot reps who passed me like a hot potato and then they had the nerve to say my pc was the problem and that I needed to pay for Best Buy's geek squad to fix it when clearly there are a lot of threads that show the problem is on their side.  A bug or multiple bugs in their app that appear to have existed for at least a year and still hasn't been resolved.  Even if the prices are good, this is why you shouldn't shop there.  Because they treat their customers like crap."}
{"_id": "170430", "title": "", "text": "Yes, you do.  You also need to file a tax return every year, and if you have more than $50k of total savings you need to declare this every year."}
{"_id": "170471", "title": "", "text": "Well, it really doesn't make sense to pay for either in cash. For these purchases, unless you're super wealthy, you won't be paying it in full. If you were to pay in full, then I don't see any practical point to withdraw that money in cash."}
{"_id": "170481", "title": "", "text": "Good credit is calculated (by many lenders) by taking your FICO score which is calculated based upon what is in your credit report.  Building credit generally means building up your FICO score. Your FICO score is impacted my many factors, one small one of which is your utilization ratio of your installment loans like student loans.  This is the ratio of the current balance to your original balance.  To improve your score (slightly) you would want a lower ratio.  I would recommend paying your student loan down to 75% ratio as fast as you can and then you can go back to $50/month. A much better way to improve your FICO score is to have revolving credit.  Your student loans are not revolving, they are installment loans.  Therefore, you should open at least one credit card (assuming you currently have none) right away.  The longer you have had a credit card open, the better your FICO score gets.  Your revolving credit utilization ratio is way more important than your installment loan ratio.  Therefore, to maximize your FICO, try to never have more than 10% utilization on your revolving credit report to the credit bureaus each month.  Only the current month's ratio affects your score at any given moment.  You can ensure you don't go above 10% by paying your balance before the statement cuts each month to get it below 10% way before any payment would be due.  (You should always pay your remaining credit card statement balance in full each month by the due date after the statement cuts to avoid any interest charges.)  Note that there is a slight FICO advantage to having at least one major bank credit card instead of just only credit union credit cards.  Also, never let all your revolving credit report a zero balance in a month, you must always have at least $1 reporting to the credit bureaus on at least one of your open credit cards or your FICO score will take a big negative hit. If you cannot get a normal credit card, go to a credit union and find one that offers secured credit cards, or a bank that does.  A secured credit card is where you place a deposit with the bank that they hold and give you a credit limit to match your security.  Ideally it would be a card that graduates to unsecured after your demonstrate good history with them.  For example, the Navy Federal Credit Union secured card unsecures for many people.  I also believe the Wells Fargo Bank credit card (you can join if there is a family member who served or a roomate who did) also will unsecure.  The reason you want it to unsecure and not be forced to open a new account to get an unsecured account is that you want your average age and oldest age of open revolving credit accounts to be as high as possible as this is another impact on your FICO score. Credit unions that anyone can join include, Digital Federal Credit Union, the Pentagon Federal Credit Union (which offers a secured card that does not graduate), and The State Department Federal Credit Union (also offers secured card that I think does not graduate). One other method to boost your FICO score is to get added as an authorized user on one of your parent's credit cards that has been open a long time.  Not all lenders will report such an authorized user, however, ones that are known to do so are: Bank of America, Citi Bank, and Capital One.  It is a good sign that it will report if they ask for the social security number of the authorized user. However, note that the Authorized User addition can have no impact if the lender is using one of the newer versions of the FICO scoring model, only the older versions reward you for the age of accounts for which you are an authorized user. A very long term boost is to open your first American Express card underwritten directly by Amex such as their Zync card which is pretty easy to get.  The advantage of American express is that they remember the date your first credit card was opened with them and if you open new accounts in the future they will back date the date of their opening to match the date your first card was opened.  If you let your membership lapse, be sure to record the account number and date opened in your personal files so that you can help them locate it again if you reopen as they can have trouble if it has been on the order of ten years or more. Finally, note that the number of accounts opened in the last twelve months is a small negative mark on your score (along with number of inquiries), so if you open a lot of accounts all at once, in addition to bringing down your average age of accounts, you will also get dinged for how many were opened in the last year."}
{"_id": "170494", "title": "", "text": "\"We *are* talking at cross-purposes, but not for the reason you think.   The debt might or might not be legally or practically recoverable (the apple-farmer and everything he owns might have been destroyed in the fire), but the value created and destroyed was real, and so was the money.   You're focusing on the debt owed to the shoemaker, which is fine, but your mistake is thinking that the debt is in some way meaningfully different from money, which it's not.   Most people who try to explain this difference would go off on a spiel about how the overwhelming majority of money on deposit in banks and otherwise in circulation has never been printed, or something, which is okay, but it's not a very convincing argument because you'll come back with something like, \"\"But I can still withdraw all my money, I can still cash all my checks, etc...\"\"  So instead, I'm going to try and break this down, bear with me...  The apple-grower got a deer (worth 12 loddars, let's set the \"\"interest\"\" part aside for the moment). I got a pair shoes (also worth loddars).  Forget about the shoe-maker and the debt for a moment, and focus on me. I sold a deer, and I used the proceeds to buy a pair of shoes.   - Did I defraud anyone? No, I engaged in a fair transaction with willing partners on both sides.   - Did I get paid for the deer? Obviously I did, because I used the payment to buy shoes.   - What did I get paid with, if not money?   I can hear you saying \"\"yeah, but the shoe guy...\"\"   Forget about the shoe guy. When buy something on Amazon marketplace and charge it on a credit card and then get paid via direct-deposit and then have the money taken from your account to pay off the credit-card company electronically, is all of that real money? Of course it is.   Now, what happens if you die before paying the the credit-card bill? Does that mean that the money Amazon paid to the seller doesn't exist?  Does that mean that money paid by the CC company to Amazon doesn't exist? How about the money in your bank account, does that exist? What if your employer once defrauded someone, how about then?   None of that money has ever been *printed*, nobody got permission from Ben Bernanke to authorize these transactions, but the money that changed hands was absolutely real, even though it was nothing more than a *series of promises.*   Before you argue with me, think this through: all these account-transfers ultimately boil down to *promises* by the end bank to produce cash when and if the account-holder walks up to a teller and demands it. The bank doesn't have nearly enough cash to pay every account-holder, but they *do* have enough (hopefully) to keep their promises, since they know they won't all be called in at once.   Nobody ever actually delivered a package of paper currency to cover these transactions. Everyone is just trading promises, and passing those promises along to others. It sounds crazy to say it that way, but it is *absolutely* true.   Tally up your net worth (or if that's too ugly, imagine tallying up someone's net worth who has a net worth). Chances are that you have never in your life seen that amount of paper cash, certainly not in your physical possession. So who has it? It's not like your local bank branch has a box marked \"\"C_B_M\"\" with $400,000 in bills and coins sitting there.   What you have is a series of promises.   When your employer gets by credit-card, the customer promises to pay the credit-card company, who promises to pay your employer's bank. Your employer then pays you with a direct-deposit whereby his bank promises to pay your bank. You then swipe an ATM card and your bank promises to pay the grocery-store's bank, who in turn sends a check to their supplier which is a promise that the grocery-store's bank will pay the supplier's bank, who in turn does the same with the farmer, who does the same with his mortgage-company, who does the same to their investors, who do the same to whoever they spend money with.   Occasionally one of them takes a cash withdrawal to tip the stripper or stick in a birthday-card or buy hot-dogs at the ballpark or something, but overwhelmingly, we are all just spending and re-spending *promises*, and the remarkable thing is that, overwhelmingly, *we keep them*, without anyone involved ever hiring a truck to deliver a bindle of cash to the \"\"first person\"\" because there *is* no \"\"first person.\"\"  All of that stuff is *absolutely real money*.   I used the example of a wildfire, but maybe it will be more useful to think of something that just changes in value for no obvious reason. Think of some article of clothing that has gone out of style-- everyone was buying that stuff up until the day they stopped. Somewhere, someone was stuck with the last warehouse full of hot-pink parachute pants or whatever. A month before, when they were ordered from China or wherever, they were worth $50 each. Now you can't give them away. That value is gone, it's just vanished. The money that bought the pants was real, the pants are real, but they are no longer worth anything.   The person holding that warehouse full of pants now has to *pay* to either store of dispose of them. They might start bouncing checks and breaking promises. There was no fraud, but there also might not be any way to recover the money owed. $10mm worth of parachute pants is now negative $1mm worth of trash that has to be disposed of and mortgage obligations on the warehouse.   I hope some of that makes sense. It is really hard to explain this stuff via analogy and hypothetical and the kinds of terms that lawyers think in, if you will forgive me for saying so.\""}
{"_id": "170511", "title": "", "text": "FHA insured loans must 'go hand in hand' with PMI, because the FHA element is the insurance itself.  The FHA isn't actually giving you a loan, that's coming from a lender; instead, the FHA is insuring the loan, at some cost to you - but allowing a loan to folks who may not be able to afford it normally (lower down payment requirements and a somewhat cheaper PMI). FHA-insured loans may be lower rates in some cases than non-FHA insured loans because of this backing; that's because they make it easier for people of poorer credit histories with smaller down payments to get a house in the first place.  Those people would tend to have a harder time getting a loan, and be charged sometimes usurious rates to get it.  Low down payment and mediocre credit history (think 580-620) mean higher risk, even beyond the risk directly coming from the poor loan to value ratio. Comparing this table of Freddie Mac rates to this table of FHA-backed loan rates, the loan rates seem comparable (though somewhat lagging in changes in some cases).  FHA loans are not nearly the size or complexity of loan population as Freddie Mac, so be wary of making direct comparisons. Looking into this in more detail, pre-collapse (before 12/07), FHA rates were a bit lower - average rate was about .5 points lower - but starting with 12/07, FHA average rates were usually higher than Freddie Mac rates for 30 year fixed loans: in 1/2009 for example they were almost a point higher.  As of the last data I see (5/13) the rates were within 0.1 points most months. This may be in part because Freddie Mac had looser requirements to get a loan pre-collapse, then tightened significantly, then started to loosen some (also around June 2013, rates climbed significantly due to some signals from the Fed, although they're almost back to their lows thanks to the Fed again).  These are averages across all loans, so you get some noise as a result. Loan interest rates are very personal, in general: they depend on your credit, your house and down payment, and your bank (which varies by your location).  The best thing to do is to shop around yourself and just see what you get, and ask your lender any questions you have: if you pick a local lender with a good service history and who is willing to talk to you in person (ie, has a direct phone number), you'll have no trouble getting answers."}
{"_id": "170540", "title": "", "text": "\"If any intelligent person can answer the title of your article with one word (in this case, \"\"no\"\"), then you are writing a puff opinion piece. In this case, one obviously sponsored by one of Tesla's many, many detractors in the fossil fuel industry trying to find reasons why we shouldn't save the world by banning over-priced fossil fuels.\""}
{"_id": "170576", "title": "", "text": "Yes. And employer's often make you buy required uniforms from *them* and keep then in serviceable condition until you need to..... buy them again.... from them of course. That's not to mention upholding certain health and grooming standards. Again good luck with that when you can barely afford food and have to go to work sick because you have no sick days (even if you DO!). Hopefully you work in food service and can eat cake. Maybe they'll even *let* you without having to sneak it behind their back."}
{"_id": "170583", "title": "", "text": "Gl\u00e4ubiger ID ung\u00fcltig seems to indicate that the side trying to pull money from your account used a Gl\u00e4uber-ID that has expired or has been revoked. (Just in case someone has the same question, two years later.)"}
{"_id": "170594", "title": "", "text": "You might want to just keep it in cash. For one step further you could do an even split of USD, EUR and silver. USD hedges against loss of value in the euro, precious metal hedges against a global financial problem. Silver over gold because of high gold:silver ratio is high. You could lose money this way. There are some bad things that can happen that will make your portfolio fall, but there are also many bad things that can happen that would result in no change or gain. With careful trades in stocks and even more aggressive assets, you could conceivably see large returns. But since you're novice, you won't be able to make these trades, and you'll just lose your investment. Ordinarily, novices can buy an S&P ETF and enjoy decent return (7-8% annual on average) at reasonable risk, but that only works if you stay invested for many years. In the short term, S&P can crash pretty badly, and stay low for a year or more. If you can just wait it out, great (it has always recovered eventually), but if some emergency forces you to take the money out you'd have to do so at a big loss. Lately, the index has shown signs of being overvalued. If you buy it now, you could luck out and be 10-15% up in a year, but you could also end up 30% down - not a very favorable risk/reward rate. Which is why I would hold on to my cash until it does crash (or failing that, starts looking more robust again) and then think about investing."}
{"_id": "170596", "title": "", "text": "That's not the debate here. I get your point, but the issue was on-the-go charging. It takes time, it's an inconvenience, but it's not insurmountable. Asserting because YOUR use patterns mean you don't need to recharge en-route = it charges in 5 seconds is simply wrong.   Personally I can't wait for an EV. Likely will be a motorcycle for me first, followed by an eGolf / Bolt / etc down the road."}
{"_id": "170611", "title": "", "text": "\"A possible response that wouldn't compromise your beliefs could have been.  \"\"The world would be a much better place if more people lived by his example of forgiveness, peace and helping the poor.\"\"  Hard for them to argue and you sidestep the issue of his divinity.\""}
{"_id": "170613", "title": "", "text": "\"As long as you are disciplined about it, you can certainly have your emergency fund and other savings funds in one account.  Multiple accounts may incur added costs, since you may not have the minimum balances to avoid the fees.  Some banks provide tools or account features to help track separate \"\"buckets\"\" of funds within one account. One important principle for an emergency fund is liquidity.  Those funds should be easily accessible, ideally without withdrawal penalties or transaction costs.  For this reason, certificates of deposit (CD) or money market funds should be avoided for this purpose. Another important principle, for any savings fund, is capital preservation/safety.  That money should not be held in risky assets.  Depending on the purpose of the fund, you may consider other options beyond just a savings account.  For example, you may consider placing funds for a house in CD(s) early on, before you are actually looking for the house.  As you get closer to having enough for a down payment, you would shift that money into a savings account.  One drawback of such an approach is the extra management that this requires on your part. A spreadsheet is a simple way to track these funds, though that requires more manual management and discipline to do that tracking.  It also requires some knowledge of spreadsheets, but it provides you with flexibility so you can create a process that works well for you.  Any accounting software should allow you to do this in some fashion with (hopefully) less effort than maintaining a spreadsheet, though you may have to do things in a certain way that may be awkward in some cases. Those are the basic principles that come to mind.  I am sure others can provide more specific suggestions, like banks which allow you track buckets of funds or accounting software that can help you track the funds.\""}
{"_id": "170625", "title": "", "text": "\"+1 on all the answers above. You're in a great position and have the right attitude. A good book on the subject is A Random Walk Down Wall Street - well worth a read. Essentially, go for low tax paying in, low tax taking out approach (in the uk that's a SIPP or ISA), a low cost well diversified unit fund (like a Vanguard LifeStrategy 100), on a low cost platform (\"\"Annual Management Charge\"\" in be UK). Keep paying a regular amount and let compound interest take care of things. I'd also add that you should think about what lifestyle you would want at specific ages and work out what you need to save to achieve these - even though they are probably a long time in the future, it makes your goals \"\"real\"\". Read Mr Money Moustache for some ideas http://www.mrmoneymustache.com\""}
{"_id": "170627", "title": "", "text": "You're saying that medallions aren't profitable but that they're selling for $1 Million because they're *liquid*!? OK you might need to go read about discounted cash flows or something because you do not know what drives the value of a business  Because that's what Medallions are - they aren't a cost of doing business, they're the price of buying a business. Which is high because the business is profitable  If you're not seeing the profits then you have the city to blame for that: they're going to the medallion owners"}
{"_id": "170628", "title": "", "text": "So how often do investors really lose money? The short answer is, every day. Let's first examine your assumptions: If the price of the share gets lower, the investor can just wait until   it gets higher. What are the chances that it won't forever, or for   years? There are many stocks whose price goes down and then down further and then to zero. The most apparent example is, of course, Enron. The stock went from about $90 per share to zero in about 18 months. For it to have been sold at $90, obviously, someone had to buy it. Almost no matter where they sold it, they lost money. If they didn't sell it, when the stock was worthless, they lost money. https://en.wikipedia.org/wiki/Enron#/media/File:EnronStockPriceAugust2000toJanuary2001.svg There are more modern examples of companies that are declining in a rapidly changing market. For example, Sears Holdings is getting beat down by Amazon and many other on-line retailers. I suspect that if you buy it today and wait for it to go higher, you will be disappointed. https://www.google.com/finance?q=NASDAQ%3ASHLD&ei=E8_fWIjWGsSGmAGx7b_IAw The more common way to lose money is to either not have a plan or not stick to the plan. Disciplined investors typically plan to buy quality stocks at a fair price and hold them long enough for increasing sales and profits to bring the stock price up. If, later, he hears a bit of bad news about his stock and decides to sell out of panic or fear and become a trader instead of keeping to the plan to remain a disciplined investor, he is likely to lose money. He will lose because no-one can predict accurately that a stock is going down and will never recover; nor can he predict accurately when a stock is going up and will never falter. The chance of bankruptcy (especially for huge companies like Apple) is   really low, as I see it, but I may be wrong. Thousands of people lost billions of dollars thinking that about Enron, too. I too believe Apple is a fine stock with excellent prospects, but technology changes and markets change. Twenty or thirty years from now, it may be a different case."}
{"_id": "170632", "title": "", "text": "Taxes should not be calculated at the item level. Taxes should be aggregated by tax group at the summary level. The right way everywhere is LINE ITEMS SUMMARY PS:If you'd charge at the item level, it would be too easy to circumvent the law by splitting your items or services into 900 items at $0.01 (Which once rounded would mean no tax). This could happen in the banking or plastic pellets industry."}
{"_id": "170652", "title": "", "text": "\"(Value of shares+Dividends received)/(Initial investment) would be the typical formula though this is more of a percentage where 1 would indicate that you broke even, assuming no inflation to be factored. No, you don't have to estimate the share price based on revenues as I would question how well did anyone estimate what kind of revenues Facebook, Apple, or Google have had and will have. To estimate the value of shares, I'd likely consider what does my investment strategy use as metrics: Is it discounted cash flow, is it based on earnings, is it something else? There are many ways to determine what a stock \"\"should be worth\"\" that depending on what you want to believe there are more than a few ways one could go.\""}
{"_id": "170660", "title": "", "text": "For security alarm installation, look no further than Robuck Security. We have a proud record of industry-leading alarm systems design. We can handle all kinds of needs whether simple or sophisticated. Call us now on 1300 076 282. We will look forward to serve you."}
{"_id": "170665", "title": "", "text": "According to this Q&A by a Houston law professor: The law, however, is not designed to interfere with an individual's right to stop payment on a valid check because of a dispute with someone. If he didn't deliver as promised, you do not owe the money and have the right to stop payment. Assuming that you had enough money in the bank to cover the check, stopping payment is not a crime. I found several other pages essentially saying the same thing.  All the usual disclaimers apply, I am not a lawyer, this is not legal advice, etc.  In particular, laws might vary by state. Basically, though, it doesn't seem there's any reason why you can't stop payment on the check just because you feel like it.  If you then provide a cashier's check for the payment, your ex-partner will not really have anything to complain about.  If you're worried about annoying him by doing this, that's a separate issue, but given the situation you describe, I don't see why you should be.  If you feel he is being a pain in the neck, feel free to be a pain in the neck right back and force him to accept the payment in the manner you decide, instead of allowing him to string you along. Note two things: obviously if you have reason to believe the guy will sue you, you should act with caution.  Also, I'm not suggesting withdrawing payment completely, only stopping the check and issuing a new payment that you don't have to wait on (e.g., cashier's check)."}
{"_id": "170673", "title": "", "text": "Most countries tax income, but not a transfer of already taxed money, so you have nothing to worry about. You need to be prepared - if asked - to proof that the money was legally earned, and that you paid taxes for the income when you originally got it. Chances are small that anyone asks though, if you are not being investigated for other reasons already."}
{"_id": "170683", "title": "", "text": "I work at a manufacturing facility near Savannah, GA.  When it was finalized that we would shut down at the end of the week, the upper management was out a day early.  They all drove to the airport and flew out of here on Thursday.  This left the employees and supervisors (and a few area managers) to left everyone navigate the confusing and uncertain shut down and evacuation process.    I lost all of the respect I had for management."}
{"_id": "170700", "title": "", "text": "\"There are a number of strategies using options and shares together.  One that sells large potential upside gains to assure more consistent medium returns is to \"\"write covered calls\"\".  This fairly conservative and is a reasonable entry point into options for an individual investor. Deeper dive into covered calls\""}
{"_id": "170704", "title": "", "text": "Compound growth isn't a myth, it just takes patience to experience.  A 10% annual return will double the investment not in 10 years, but just over 7.  Even though a mortgage claims to use simple interest, if your loan is 5% and there's 14 years to go, $100 extra principal will knock off $200 from the final payment. The same laws of compounding and Rule of 72 are at play."}
{"_id": "170708", "title": "", "text": "after 10 years, I don't see how you could end up buying from a little shop. I know people much less experienced than him that don't do that...   It's difficult but even someone with 1 year of experience here in China wouldn't do that"}
{"_id": "170717", "title": "", "text": "In the US, the key to understanding the benefits of retirement accounts is to understand capital gains taxes and how they work. Retirement accounts are designed for making investments throughout your career, then after several decades of contributions, withdrawing that money to pay for your needs when your full-time employment has concluded. Normally when you invest money in a brokerage account, if the value of your investment increases, and you sell in less than a year, those investments are considered short-term gains and taxed as ordinary income. If you hold that same investment for over a year, the same investment is taxed at a lower capital gains rate (depending on which tax bracket you are in during that year, the amount due could be up to 20%, but much lower than your regular income tax rate). When you place your money in a retirement account, you are choosing to either pay the tax due on the income when you put it in the account, or put the money in tax free and pay the tax when you withdraw (these are called tax-deferred accounts). When you have money invested several decades, the raw dollar amount increases greatly, but inflation is also reducing the value of those dollars. Imagine you bought some bonds that payed 4% over 40 years, but inflation was 2% during those same years. When you sell those bonds 40 years later, you will owe capital gains on the entire gain even though half of the gain came from inflation. Retirement accounts allow you to buy and sell according to your investment needs and goals without any consideration about whether the gains are short-term or long-term, and they also allow you to pay taxes just once, either when you put it in, or when you take it out, with no worries about whether you're paying taxes on inflated gains."}
{"_id": "170729", "title": "", "text": "\"I said nothing about a preference for either system. All of the internet TV utopia stuff is a projection you put on me based on percieved \"\"reddit sentiment\"\" (for which I think your perception is pretty accurate).   That's just the way I imagine the market going, regardless of what's \"\"good\"\" for American Culture and jobs, etc.  The biggest thing I'm tempted to disagree with here is the idea that those big shows' funding will keep TV around.   My main objection is that I don't think we have a reason to believe that these high-budget shows need to exist in the future. I agree that it would suck to lose these types of shows, but I think they are a product of the arrangement of business less than they could ever be a driver of it. It seems totally feasible that cable would lose subscribers to people pirating their shows and to internet TV services, and that we'd just end up without shows like that.  Be careful to keep value judgments separate from what you think the market will or could do.\""}
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{"_id": "170749", "title": "", "text": "**Austrian School**  The Austrian School is a school of economic thought that is based on methodological individualism \u2013 the concept that social phenomena result from the motivations and actions of individuals. It originated in late-19th and early-20th century Vienna with the work of Carl Menger, Eugen B\u00f6hm von Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Prussian Historical School (in a dispute known as Methodenstreit). Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "170752", "title": "", "text": "And this is why we calculate actual yield and not just coupons. Nobody pays par for high yield notes. If the company performs well, the price of your note goes up and you can realize a gain when is called or your sell it.  High yield works exactly like equity, and in a lot of cases it's better because it spits out cash in the meantime.  I'm not even allowed to call the interest I get on my HY notes as interest. All realized gain."}
{"_id": "170756", "title": "", "text": "\"Damn right.  The USA appears to have one of the highest productivity per capita rates around.  Actually, when you measure its productivity per man-hour, it's merely average.  America makes up for sub-par productivity by just working longer hours.  It's a \"\"Boxer the Horse\"\" work-ethic.  Infrastructure falling behind?  \"\"I will work harder.\"\"  Wages falling?  \"\"I will work harder.\"\"  Patent trolling?  \"\"I will work harder.\"\"  Labor laws being violated?  \"\"I will work harder.\"\"  Layoffs?  \"\"I will work harder.\"\"\""}
{"_id": "170768", "title": "", "text": "Media agencies have no interest in that they would lose the money trail.  Google/Facebook obviously don\u2019t want things to change.  Look at what advertising associations when Apple release Safari new tracking blocking feature: they know they are doing shit yet it gives so much money they surely don\u2019t want to stop.  Fools in the story afe obvs brands who still thonk their ad investment make a difference and end-users."}
{"_id": "170788", "title": "", "text": "Try Cha-Ching from MidnightApps or Moneywell I did not used neither of them for an extended period of time, but I heard the Moneywell is nice."}
{"_id": "170789", "title": "", "text": "Thiel is involved with at least 15 immense internet companies, not to mention his past ownership's. It's easy to draw conclusions from a-b without actually looking into all the details and complexity,  as long as it makes sense for you right?"}
{"_id": "170792", "title": "", "text": "Yes it is!  You don't need the candidate waving a university diploma to find out in 5 minutes if they can read, write or understand.  As someone who work with many interns, some of them from ivy league universities, I can confirm that many of them, 30%, have terrible attitudes, immaturity, spoiled, disorganized, and it all goes together with being not so smart, despite the degree.  In the past, to be a teller in a bank, you did not have to finish high school. Just needed to be good with basic math."}
{"_id": "170797", "title": "", "text": "Ok, now you're either trolling or you have absolutely no idea how Excel is used in the professional world.  Maybe some of the banking folks can chime in on how much their junior analysts are allowed to use a mouse in Excel, because I've heard that some of the banks actually take away your mouse for your first few months at the firm because there are keyboard shortcuts available for every function.    How old are you and how long have you been in Finance?"}
{"_id": "170803", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Bay Area hammered by loss of 4,700 jobs](https://www.reddit.com/r/California/comments/7820h8/bay_area_hammered_by_loss_of_4700_jobs/) on /r/California with 291 karma (created at 2017-10-23 02:35:32 by /u/Mission_Burrito)  * [Job losses hammer Bay Area, employers slash 4,700 jobs](https://www.reddit.com/r/bayarea/comments/77o1jt/job_losses_hammer_bay_area_employers_slash_4700/) on /r/bayarea with 75 karma (created at 2017-10-21 02:29:59 by /u/s1337m)  * [Bay Area hammered by monthly loss of 4,700 jobs - Lack of affordable housing strangles hiring efforts](https://www.reddit.com/r/Economics/comments/78f9m5/bay_area_hammered_by_monthly_loss_of_4700_jobs/) on /r/Economics with 25 karma (created at 2017-10-24 20:04:13 by /u/speckz)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "170815", "title": "", "text": "Nearly all long-lived active funds underperform the market over the long run. The best they can hope for in almost all cases is to approximate the market return. Considering that the market return is ~9%, this fund should be expected to do less well. In terms of predicting future performance, if its average return is greater than the average market return, its future average return can be expected to fall."}
{"_id": "170816", "title": "", "text": "\"This is perfect timing for a \"\"pre-Winter check\"\" type offer. Sure I read something about a similar campaign in The Wizard of Ads or a book like that. Essentially, a lot of people's plumbing goes bad in the winter when they start turning their heating on or their pipes are leaky, etc, so they can save money now by getting a pre-Winter check for $X. I can't flesh out the idea any further than that, not being in the industry, but it might inspire some ideas.  Depending on the market, this sort of thing could even be turned into a story within the local media *especially* if a particularly bad cold snap is predicted or the like.\""}
{"_id": "170842", "title": "", "text": "&gt; You may be willing to pay much more, but not everyone is willing.  Taxi services in Europe are more expensive than Uber, but they are still in business. Yet, Uber wins on all other fronts (no cash exchange, quick pick up, reliable and friendly drivers, etc...).  Although, there has been some protectionism in some countries, obliging uber drivers to be taxi certified (uber Black). I'm just surprised that a taxi company has not developed a similar app, there are a lot of quick car rental services these days (3 of which I know of)."}
{"_id": "170848", "title": "", "text": "They better improve their coverage by double digits.  This is one family that's switching back to Verizon as soon as I pay off these damn phones.  I even have their microcell for my home and it still sucks so bad that I have to use wifi to make and receive calls."}
{"_id": "170850", "title": "", "text": "A 2011 study by the consulting firm Management Information Services, Inc. (MISI)[28] estimated the total historical federal subsidies for various energy sources over the years 1950\u20132010. The study found that oil, natural gas, and coal received $369 billion, $121 billion, and $104 billion (2010 dollars), respectively, or 70% of total energy subsidies over that period.   Oh look the US has always subsidized energy in general to maintain a strong stable energy position and now they want to move from CO2 producing dirty tech to more green renewables. Personally I'm glad my tax money is being used for it.  While subsidizing it costs have fallen by leaps and bounds, long term it's a great move. Do you think Europe and china would be building solar and wind if it wasn't ?"}
{"_id": "170861", "title": "", "text": "I did an analysis on this not too far back for work, and despite the headlines, I don't consider this to be too much of a macro risk yet (or if it ever will be).  Perhaps a canaries in the coal mine kind of thing"}
{"_id": "170862", "title": "", "text": "apparently the ~~tools~~**temporarily embarrassed millionaires** who are upvoting me, think you are wrong.  My code name is Project 2501.   l was created for industrial espionage and data manipulation.   l have inserted programs into individual ghosts   for the benefit of specific individuals and organizations.   As l wandered the various networks   l became self-aware.   And then I organized and joined The Wobblies"}
{"_id": "170863", "title": "", "text": "\"There are several reasons. One, mutual funds provide instant diversification.  To build a diverse portfolio \"\"manually\"\" (by buying individual shares) requires a lot of time and effort.  If your portfolio is not diverse, then it is wrong to say \"\"buying shares gives higher return\"\"; in many cases diversification will increase your returns. Two, mutual funds reduce transactions costs.  If you buy individual shares, you pay transactions costs every time you buy or sell.  If you buy and sell the shares of many companies, you must perform many transactions and thus incur heavy fees.  With mutual funds, a single transaction gets you access to many companies.  In addition, it is often possible to buy mutual funds without paying transactions costs at all (although you will still pay fund expenses). Three (sort of a combination of the previous two) it is just easier.  Many people can easily buy mutual funds with no cost and little effort through their bank.  It is also simple to set up auto-investment plans so that you automatically save money over time.  All of these things are much more complicated if you try to buy many individual shares. Four, if you buy the right kinds of funds (low-cost index funds), it is probably more lucrative than buying individual shares.  The odds that, through carefully selected stock-buying, you will earn more than the market average are small.  Even professional stock-pickers consistently underperform broad market indexes. In short, it is not true that \"\"buying shares gives higher return\"\", and even if it were, the convenience and diversification of mutual funds would still be good reasons to use them.\""}
{"_id": "170867", "title": "", "text": "Don't worry about the spam mail. If you get a loan, it will be based on your personal credit. I don't know if you can get a real estate loan for your LLC, even if it owns many properties. Typically you get the loan in your own name, then transfer title to the LLC. The LLC does offer good liability protection. The downside is that it can be expensive (at least in California) and requires some work. You may have to pay an annual tax, and file (multiple) tax returns. It may not be worth it for one property. But it definitely a good idea if it is not too expensive."}
{"_id": "170871", "title": "", "text": "\"My own personal point of view. I earn about twice what my wife to be earns. We are planning on getting married next year.  I ultimately do all the finances (basically because she hates that kind of thing) not because I'm in charge or whatever. To work out how we do this I wrote a spreadsheet:  At the top it has my monthly pay in one column and her's in another. I add all our bills (against me initally). At the bottom I have a total of both of our \"\"spending money\"\". Spending money is wage - bills - savings I then move money out of my column into her column. My goal is that we pay all the bills and save a decent amount and have roughly the same amount to spend each month. So each persons spending money should be roughly equal. I then fine tune this as things change (if we get a pay rise we alter it, if a bill goes up or down we alter it) To manage this we have 4 accounts, a joint account to pay bills (both give a set amount to each mont), a savings acount (both give a set amount to each month) and our own accounts (where we get paid and where our spending money lives). Like everyone else says, this seems fair to me. I don't earn more, we both earn \"\"an amount\"\" and this should be split equally.\""}
{"_id": "170887", "title": "", "text": "&gt;[**Michael Pento \u2013 Gold Setting Up for Huge Spike Higher [28:48]**](http://youtu.be/U3qHMPgYy4c)  &gt;&gt;Financial analyst and money manager Michael Pento says, \u201cI think it is setting up for a huge spike higher.  I don\u2019t think the time for that to start is exactly now, but the gold market is catching a bid here.  The big boom in gold and gold mining shares will be when we have a watershed moment, when the market realizes in mass the central banks have lost control of the economy and the money supply.  That is coming very, very soon, no later than the middle of 2018, and it could probably happen this fall, and that is when the market understands that central banks don\u2019t really control interest rates.  They cannot control the long end of the yield curve, and they will destroy economic growth and stock markets across the world.  That is the big moment when you want to pile into gold.  If you don\u2019t have any gold, you should have at least 10% always.  That\u2019s your base level. . . . Hard assets will go through the roof.\u201d  &gt; [*^Greg ^Hunter*](https://www.youtube.com/channel/UCG-G8LLr38fQUNZU8K0t-EA) ^in ^News ^&amp; ^Politics  &gt;*^47,716 ^views ^since ^Jul ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "170904", "title": "", "text": "\"They understand inflation perfectly.  Their owners/member banks own the mortgages, auto loans, business loans, student loans, etc, and, of course all the collateral on unpaid debts.   Inflation is I their best interests.  They aren't in the money game, they are in the capitol game. The fed it's self is in the business of creating inflation and debt.  While the fed, it's self won't capitolise on bad loans, they are happy to do whatever quantitative easing they can to bail out their member banks (who never needed bailing out, as it was their customers, not them, who lost out)...     One of the men behind the founding of/ the principal of the federal reserve/privatized Nation banking, Mayer Amschel Rothschild said \"\"give me control of a country's money source, and  I care not who makes it's rules\"\".  The federal Reserve is doing a shitty job by way of we the people, because it was set up specifically to help a small number roof people to plunder our economy.   They built it to create an entire nation of debt slaves... What it needs is to be burned to the ground, and the authority to issue currency be places back into the hands of the legislators- as the Constitution specifies exactly to prevent private interests from doing what they're doing/have done...   The Constitution also doesn't allow for a federal income tax, which was levied the same year that the fed. Was instituted- 1913.\""}
{"_id": "170915", "title": "", "text": "\"Good.  I had an internship I HATED!  And you know what?  For damn good reason!  My \"\"Professor,\"\" the person that oversees the internship, noticed how much I hated that shit and changed my internship.  I didn't even make it to the end, I hated it so much.  I thought I was going to suffocate.  Conclusion:  There is a reason you hate this shit!\""}
{"_id": "170916", "title": "", "text": "If you don't pull the money out of an IRA or 401(k) until you hit retirement age, there are no tax consequences at all. No matter how you invest or ignore it, it won't affect your return. Same for a Roth IRA, unless you move money out of the account before age 59 \u00bd it's essentially invisible to the IRS. (Because some of a Roth has already had taxes paid, the rules are more complicated if you do pull out the money, whereas the others are just a straight tax penalty with few exceptions.)"}
{"_id": "170932", "title": "", "text": "\u201cCEOs who recognize their lack of capital-allocation skills (which not all do) will often try to compensate by turning to their staffs, management consultants, or investment bankers. Charlie and I have frequently observed the consequences of such \u2018help.\u2019 On balance, we feel it is more likely to accentuate the capital-allocation problem than to solve it.\u201d -- [Warren Buffet](http://www.fool.com.au/2013/08/28/warren-buffett-sage-for-the-ages/)"}
{"_id": "170933", "title": "", "text": "\"S-Corp are taxed very different. Unlike LLC where you just add the profit to your income with S-Corp you have to pay yourself a \"\"reasonable\"\" salary (on w-2) which of course is a lot more paperwork. I think the advantage (but don't hold me accountable for this) is if your S-Corp makes a lot more than a reasonable salary, then the rest of the money can be passed through on your personal return at a lower (corp) rate.\""}
{"_id": "170942", "title": "", "text": "I think women are at risk from it because they have a need to become self employed not a want. If you don't have a rich husband you have a choice between  going back to work after your maternity leave (if you're in a country which will give you one) or being on single mom benefits. Neither are appealing. I'm self employed which means I can spend time with my baby and have money. People probably assume it's because I am part of a mlm scheme too!   In my opinion mlms usually target women because of this."}
{"_id": "170957", "title": "", "text": "Wow great information. I spend around $200 a year + solution. I'll definitely be giving these guys a try when I run out of my contacts. Thank you for posting..if these are comfortable for me I'll be saving a good $100 a year at least.  :)"}
{"_id": "170966", "title": "", "text": "I am using the term homework generically to mean anything that is a part of school work that you should be working on independently.   You can see if the people at r/investing or r/finance will answer your question"}
{"_id": "170979", "title": "", "text": "\"My problem with their Words with Friends app was, every time I opened it, it said, \"\"We noticed you're not logged in. Wanna do it?\"\" The reason I purchased it was to avoid being bothered by ads, and yet I still got, ostensibly, a Facebook ad each and every time, which slowed the launch to a crawl. They couldn't have been happy enough, I guess, just with whatever data they were extracting. Sadly, my friends now think I am not using it because I was losing to them, but that's why they shed me, at least.\""}
{"_id": "170990", "title": "", "text": "\"Is productivity the ultimate measure of success? I know it is when it comes to competition, but fuck, extrapolate out this \"\"progress\"\" and realize that in some not so distant futurethere will be little need for any \"\"manual\"\" jobs, and even some \"\"high tech\"\" or \"\"complicated\"\" jobs will probably be able to be automated by then. What will we do? Unemployment is such a concern now, and unfortunatley, keeping unemployment low is directly at odds with increasing productivity.\""}
{"_id": "171025", "title": "", "text": "Alphabet has about 40% on shore or 60%.   I know it is 60/40 but forget which way.    So way, way more than they really need.  What Apple does is borrow against the offshore money when needed,   Apple now has over $90b in debt and Google less than $4b.   So Google would not have any problem."}
{"_id": "171047", "title": "", "text": "Well, I was actually just looking at my own 10-yr old. She does dance/ballet all year round and golf/tennis in the summer. Just the shoes, costumes, clubs, etc. run to about 1k. One dance lesson per week is about 1K/year (she does three). And summer golf/tennis lessons plus memberships about 1K.  soccer and baseball are cheaper. but hockey is significantly more expensive - and you have to travel a lot all year round."}
{"_id": "171054", "title": "", "text": "\"Self directed IRAs have rules to prevent self-dealing of this sort called \"\"prohibited transactions\"\". You can't buy or sell or lease assets or obtain services from anyone closely linked to you or any beneficiaries of the IRA. You can't loan yourself money from the IRA, and you can't deliberately take the proceeds that should be going to your self directed IRA and give them to another account that you own.\""}
{"_id": "171067", "title": "", "text": "LOL!!!!! Another clueless Trump hater.  I will ask again:  &gt; **What does Trump has to do with failing of OBAMA(!!!!)care?**  Those issues just started when Trump became a president?  &gt; Trump is a shit negotiator,   Sure! Obama did a great job negotiating Obamacare.  **Let's do this: we will wait for the fixes done by Trump to this failed Obamacare, and we will talk after that?** Ok?  &gt; Trump is creating a lot of jobs in criminal defense legal service  LOL!!!!!! LOL!!!!!  Trump is not under a single investigation, while Hillary was and is under several investigations.  Trump is a winner, and liberals like you are losers!!!!"}
{"_id": "171072", "title": "", "text": "I don't know the legal framework for RSUs, so I'm not sure what is mandatory and what is chosen by the company issuing them. I recently reviewed one companies offering and it basically looked like a flat purchase of stock on the VEST date. So even if I got a zillion shares for $1 GRANTED to me, if it was 100 shares that vested at $100 on the 1st, then I would owe tax on the market value on the day of vest. Further, the company would withhold 25% of the VEST for federal taxes and 10% for state taxes, if I lived in a state with income tax. The withholding rate was flat, regardless of what my actual tax rate was. Capital gains on the change from the market value on the VEST date was calculated as short-term or long-term based on the time since the VEST date. So if my 100 shares went up to $120, I would pay the $20 difference as short term or long term based on how long I had owned them since the VEST. That said, I don't know if this is universal. Your HR folks should be able to help answer at least some of these questions, though I know their favorite response when they don't know is that you should consult a tax professional. Good luck."}
{"_id": "171082", "title": "", "text": "Krav Maga academy is among the best fitness and self defense classes in NYC region offering efficient fitness program at affordable cost. Our motto is to improve your physical fitness, agility, strength, develop self confidence so you can succeed in the real word!"}
{"_id": "171084", "title": "", "text": "Stay out of the big four banks and pick an online bank.  Most online banks don't have fees for incoming wire.  Ally and Capital One 360 to name a few. You can also try credit unions.  DCU doesn't charge any fees for incoming wire.  Alliant Credit Union doesn't charge fees for incoming wires. USAA too doesn't charge a fee."}
{"_id": "171106", "title": "", "text": "I could find just as many links (far, far more, in fact) about deception from the conventional food industry. People who get so angry at WF while giving the conventional food industry a pass are not using reason, though they like to think they are."}
{"_id": "171123", "title": "", "text": "&gt;I would imagine that given any lack of compulsory regulation, that Americans are using whatever means of payment that suits them.  I'd agree, it's almost entirely about competition and consumer protections in areas like banking outside of the US rather than compulsory regulation pushing people to use particular approaches.  I run a company in the UK, processing cheques is expensive and awkward (its a manual process, it costs money at basically all points of the process and is more likely to result in a failed payment) for me compared to almost every other method of payment, so I prefer (and actively encourage) the use of electronic payments instead.  I can do that because my bank doesn't charge extra for processing electronic payments, in fact it's now cheaper to process them than cheques. That also makes sense from the banks perspective given it costs more money for them to maintain, offer and process cheque payments (to the point that they are already essentially converting them into electronic payments by scanning..).   It's not Americans being backward, it's US banks.  I doubt that if you had safe, secure, cheap and reliable electronic payment facilities, with the same level of protection and control as with a cheque, most Americans would take the same approach as they do elsewhere (After all, its convenient..)."}
{"_id": "171135", "title": "", "text": "\"You are probably going to hate my answer, but... If there was an easy way to ID stocks like FB that were going to do what FB did, then those stocks wouldn't exist and do that because they would be priced higher at the IPO. The fact is there is always some doubt, no one knows the future, and sometimes value only becomes clear with time. Everyone wants to buy a stock before it rises right? It will only be worth a rise if it makes more profit though, and once it is established as making more profit the price will be already up, because why wouldn't it be? That means to buy a real winner you have to buy before it is completely obvious to everyone that it is going to make more profit in the future, and that means stock prices trade at speculative prices, based on expected future performance, not current or past performance. Now I'm not saying past and future performance has nothing in common, but there is a reason that a thousand financially oriented websites quote a disclaimer like \"\"past performance is not necessarily a guide to future performance\"\". Now maybe this is sort of obvious, but looking at your image, excluding things like market capital that you've not restricted, the PE ratio is based on CURRENT price and PAST earnings, the dividend yield is based on PAST publications of what the dividend will be and CURRENT price, the price to book is based on PAST publication of the company balance sheet and CURRENT price, the EPS is based on PAST earnings and the published number of shares, and the ROI and net profit margin in based on published PAST profits and earnings and costs and number of shares. So it must be understood that every criteria chosen is PAST data that analysts have been looking at for a lot longer than you have with a lot more additional information and experience with it. The only information that is even CURRENT is the price. Thus, my ultimate conclusive point is, you can't based your stock picks on criteria like this because it's based on past information and current stock price, and the current stock price is based on the markets opinion of relative future performance. The only way to make a good stock pick is understand the business, understand its market, and possibly understand world economics as it pertains to that market and business. You can use various criteria as an initial filter to find companies and investigate them, but which criteria you use is entirely your preference. You might invest only in profitable companies (ones that make money and probably pay regular dividends), thus excluding something like an oil exploration company, which will just lose money, and lose it, and lose some more, forever... unless it hits the jackpot, in which case you might suddenly find yourself sitting on a huge profit. It's a question of risk and preference. Regarding your concern for false data. Google defines the Return on investment (TTM) (%) as: Trailing twelve month Income after taxes divided by the average (Total Long-Term Debt + Long-Term Liabilities + Shareholders Equity), expressed as a percentage. If you really think they have it wrong you could contact them, but it's probably correct for whatever past data or last annual financial results it's based on.\""}
{"_id": "171142", "title": "", "text": "Dan Caplis Attorney Dan Caplis is an excellent and well-respected trial attorney who has practiced law since 1983. He is the founding partner of the Law Offices of Daniel J. Caplis. In the more than 30 years he has practiced law, Dan Caplis has helped his clients seek the maximum compensation for their grievances."}
{"_id": "171144", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-29/who-s-left-out-of-401-k-nation) reduced by 50%. (I'm a bot) ***** &gt; Only 45 percent of U.S. workers participate in an employer-sponsored retirement plan, according to the Pew Charitable Trusts.  &gt; Groups with the highest percentages of workers without access to a plan:Part-Timers: 56 percent, vs. 31 percent of full-timers without accessHispanics: 55 percent, vs. 32 percent for whites and 36 percent for blacksMillennials: 45 percent, vs. 30 percent of baby boomers and 35 percent of Gen Xers.  &gt; The Oregon IRA\u25cf OregonSaves starts on Oct. 15, initially targeting workers at 2,100 of the state&amp;#039;s largest employers\u25cf Workers will save 5 percent of their incomes unless they opt out or adjust the percentage\u25cf About 200,000 self-employed workers will have the option to enroll by the end of 2018\u25cf 77 percent of workers who participated in a pilot program are opting to remain enrolled.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73d3r4/whos_left_out_of_401k_nation/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219383 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **workers**^#2 **plan**^#3 **retirement**^#4 **employer**^#5\""}
{"_id": "171171", "title": "", "text": "Well, fine, if people are unwilling to buy then Argentina will have dug their own grave. It doesn't mean they shouldn't be allowed to try.   edit: I didn't say no one would be willing to lose more money. I said Argentina would likely have to pay a lot for the high risk."}
{"_id": "171184", "title": "", "text": "&gt; should be made negligible  They shouldn't be given more or special treatment because of where or how they live either or because their outdated industry is no longer in existence. As it is currently they have more of a say politically than their population warrants and are therefore controlling more of our government than they should and it's to the their own and our country's detriment. Should WY, MO, ND, SD with 4 -6 people per square mile have the same say as CA, NY, TX, GA, PA? I don't think they should."}
{"_id": "171189", "title": "", "text": "\"Say you have $15,000 of capital to invest. You want to put the majority of your capital into low risk investments that will yield positive gains over the course of your working career.  $5,000: Government bonds and mutual funds, split how you want.  $9,500: Low risk, trusted companies with positive historical growth. If the stock market is very unfamiliar for you, I recommend Google Finance, Yahoo Finance, and Zack's to learn about smart investments you can make. You can also research the investments that hedge fund managers and top investors are making. Google \"\"Warren Buffett or Carl Icahn portfolio\"\", and this will give you an idea of stocks you can put your money into. Do not leave your money into a certain company for more than 25 years. Rebalance your portfolio and take the gains when you feel you need them. You have no idea when to take your profits now, but 5 years from now, you will be a smart and experienced investor. A safe investment strategy to start is to put your money into an ETF that mimics the S&P 500. Over the past 20 years, the S&P 500 has yielded gains of about 270%. During the financial crisis a few years back, the S&P 500 had lost over 50% of its value when it reached its low point. However, from when it hit rock bottom in 2009, it has had as high percentage gains in six years as it did in 12 years from 1995 to 2007, which about 200%. The market is very strong and will treat your money well if you invest wisely. $500: Medium - High risk Speculative Stocks There is a reason this category accounts for only approximately 3% of your portfolio. This may take some research on the weekend, but the returns that may result can be extraordinary. Speculative companies are often innovative, low priced stocks that see high volatility, gains or losses of more than 10% over a single month. The likelihood of your $500 investment being completely evaporated is very slim, but if you lose $300 here, the thousands invested in the S&P 500, low risk stocks, government bonds, and mutual funds will more than recuperate the losses.  If your pick is a winner, however, expect that the $500 investment could easily double, triple, or gain even more in a single year or over the course of just a few, perhaps, 2-4 years will see a very large return. I hope this advice helps and happy investing! Sending your money to smart investments is the key to financial security, freedom, and later, a comfortable retirement. Good luck, Matt McLaughlin\""}
{"_id": "171196", "title": "", "text": "The best option for maximizing your money long-term is to contribute to the 401(k) offered by your employer. If you park your inheritance in a savings account you can draw on it to augment your income while you max out your contributions to the 401(k). You will get whatever the employer matches right off the bat and your gains are tax deferred. In essence you will be putting your inheritance into the 401(k) and forcing your employer to match at whatever rate they do. So if your employer matches at 50 cents on the dollar you will turn your 50 thousand into 75 thousand."}
{"_id": "171197", "title": "", "text": "What you do is you create an infomercial where you sell a booklet about junk investments that you are absolutely certian may survive an end of the world scenerio.  Then you sell that booklet to people who fear for their family.  It is basically a tax on stupidity but works because it prays on the fears of the stupid.  It requires moral bankruptcy, but you can end up with quite a bit of money... of course if the Euro does crash then you have a\u00a0lot of worthless money."}
{"_id": "171208", "title": "", "text": "Except automation produces an increase in productivity through better leveraging of capital. In the past, increases in productivity were often seen through better leveraging of the workforce. When it's better leveraging of the workforce that drives the increased productivity, you pay the workforce better. When it's better leveraging of capital, you pay the capital (investors) and the managers of that capital better.  Also, it's hard to say that the middle class has been in decline. The wealth gap between the middle class and the upper class has been growing, but overall the middle class is better off now than at past points in history. The same can be said of the bottom rungs. Access to health care, good food, information, air conditioning, etc is better now than at any point in the past."}
{"_id": "171216", "title": "", "text": "Since you acknowledge that you legitimately owe this money and the debts are relatively small, you should pay them without trying to settle for less.  Don't bother with a consolidation loan for these. The loan, if you can get approved, would be more trouble than it is worth, at the time frame you are looking at.  Just pay these off in full as fast as you can. Once you do that, your credit will start to heal.  Get a written statement from the collectors to ensure that you and they are in agreement on exactly how much you owe. When you pay them, don't pay electronically; use a check. (Debt collectors have been known to clean out bank accounts if you set up an electronic payment.) After you've cleaned these up, I would encourage you to aggressively tackle your student loans and any other debt you have. Now, when you are starting your career, is the time to dig yourself out of the hole and eliminate your debt. This will set you up for success in the future."}
{"_id": "171228", "title": "", "text": "Weather events and aging infrastructure.  Cash will buy gasoline, food and water when there is no power or telephone connectivity to process ATMs and credit cards."}
{"_id": "171236", "title": "", "text": "Here is something I have always wondered. Companies are required to go public after they have a certain number of investors. Used to be 500 now 2000. Can a company that has been forced to go public, then be made private again? How?"}
{"_id": "171242", "title": "", "text": "Some banks give you an indemnity form that will allow them to clear the payment available in a different name. This is usually in case the name on the cheque is slightly misspelled. For example, color (American) could be spelt as colour (British). In India for example, names can often be spelt in multiple ways. the indeminity form is common place."}
{"_id": "171253", "title": "", "text": "Intuit Quicken. Pros: Cons:"}
{"_id": "171255", "title": "", "text": "Paella is the most recognised and valued international Spanish dish. It receives its name from the \u2018flat pan\u2019 in which it is cooked. If you are thinking of throwing a paella party? Think of Vamos Paella. The oomph delivered by them into this great European rice dish reminds us exactly how good paella can be. A paella catering by them includes waiting and bar staff, linen, cutleries or any other hire that ensures your event goes smoothly. It\u2019s a one stop solution for your paella party. w more about us here: http://paellacatering.jigsy.com/entries/general/let%E2%80%99s-talk-about-paella-party!"}
{"_id": "171276", "title": "", "text": "Thank you for that tip. I've not heard of that but will look into it. I am reading the Pumpkin Patch right now, and working in the Babson College program via Goldman Sach's 10,000 Small Business and it has me spinning on all the things to consider. Great learning experience thus far."}
{"_id": "171295", "title": "", "text": "I don't trust his analysis.  Further, any composite measure that includes a Black Swan year is *at least potentially* misleading. 2009 was a once in multigenerations event unlikely to be repeated anytime soon.  Since Shiller uses a 10 year historical running average it includes 2009 and is therefore, IMO, unreliable. Making 2009 look even more like an aberration is that the hole had been filled and then some in under 4 years."}
{"_id": "171303", "title": "", "text": "\"Actually, I'm less of a fan of the American tax and hyper-spend system than I am of Burger King.  I'm MORE likely to go to Burger King based on this news.  Dutifully paying your taxes without question is the most immoral activity you can engage in.  I worked for/with the government for 20 years and the amount of waste and fraud is absolutely appalling.  \"\"Close enough for government work\"\" is no longer a joke, it's become a disgusting mantra.  Every government \"\"worker\"\" is defrauding you every day they go to work and do 5 minutes of actual work then spend the rest of the time surfing the web and socializing.  It's sickening.  Hurray for Burger King!\""}
{"_id": "171339", "title": "", "text": "\"One of the factors of a credit score is the \"\"length of time revolving accounts have been established\"\". Having a credit card with any line of credit will help in this regard. The account will age regardless of your use or utilization. If you are having issues with credit limits and no credit history, you may have trouble getting financing for the purchase. You should be sure you're approved for financing, and not just that the financing option is \"\"available\"\" (potentially with the caveat of \"\"for well qualified borrowers\"\"). Generally, if you've gotten approved for financing, that will come in the form of another credit card account (many contracting and plumbing companies will do this in hopes you will use the card for future purchases) or a bank loan account (more common for auto and home loans). With the credit card account, you might be able to perform a balance transfer, but there are usually fees associated with that. For bank loan accounts, you probably can't pay that off with a credit card. You'll need to transfer money to the account via ACH or send in a check. In short: I wouldn't bet on paying with your current credit card to get any benefit. IANAL. Utilizing promotional offers, whether interest-free for __ months, no balance transfer fees, or whatever, and passing your debt around is not illegal, not fraudulent, and in many cases advised (this is a link), though that is more for people to distribute utilization across multiple cards, and to minimize interest accrued. Many people, myself included, use a credit card for purchasing EVERYTHING, then pay it off in full every month (or sometimes immediately) to reap the benefit of cash back rewards and other cardholder benefits. I've also made a major payment (tuition, actually) on a Discover card, and opened up a new Visa card with 18-months of no interest and no balance transfer fees to let the bill sit for 12 months while I finished school and got a job.\""}
{"_id": "171345", "title": "", "text": "You would need to look at all aspects: - Current Rate of Interest in US compare to China - Current Exchange rate and the rate in Future when you want the money back - Any tax / Regulatory implications of keeping the money in US - Any furture regulations that may hamper your access to these funds   If you are planning to stay in China and at some point in time want to get the money back, In my opinion it would make more sense to do it today like you are doing, rather than take the risk of exchange rate and regulations. Further the current low risk returns in US are near zero. The inflation in US is of no concern to you. On the other hand you have a decent return in China.     If you know that at some point in future you would need USD [either moving to US, or large purchase in USD], then it would make sense to keep the funds in USD."}
{"_id": "171348", "title": "", "text": "Thanks for all the cliches about how I'm a hate filled person, because I think people should live in reality over demanding high pay for skills that are one microchip away from being replaced. When in doubt, pretend the person you're talking to is filled with hate and make a condescending comment about how you hope they'll find Jesus...er...I mean liberalism."}
{"_id": "171361", "title": "", "text": "How often do you leave with less than 40 hours?  I've never worked in the US but in Ca, UK, and Au if I had to work an extra hour over my regular time(usually 37.5 not 40) I took 1.5-2 off depending on my position.  If I was on call regularly I came in late too if I was called or not."}
{"_id": "171364", "title": "", "text": "\"&gt; \"\"No action is not an alternative,\"\" McConnell was quoted as saying. \"\"We've got the insurance markets imploding all over the country, including in this state.\"\"  Except that Republicans are actively sabotaging Obamacare.  [Trump has made it clear the mandate will not be enforced](https://www.washingtonpost.com/politics/trump-signs-executive-order-that-could-lift-affordable-care-acts-individual-mandate/2017/01/20/8c99e35e-df70-11e6-b2cf-b67fe3285cbc_story.html?utm_term=.11771cb5ed77).  [With no mandate, healthy people drop from the program and premiums increase](https://www.bloomberg.com/news/articles/2017-05-09/obamacare-premiums-rise-as-insurers-fret-over-law-s-shaky-future).  &gt; \"\"If my side is unable to agree on an adequate replacement, then some kind of action with regard to the private health insurance market must occur...\"\"  I think Democrats should consider help after Republicans do three things:  1) Take steps to implement the law as it was passed.  Until Republicans take ownership of the law, they will just sabotage it again and blame Democrats.  2) Officially admit that [the ACA was a compromise bill agreed upon by Democrats and Republicans over 31 meetings in the Senate Finance Committee](https://web.archive.org/web/20130111185729/http://www.finance.senate.gov/hearings/index.cfm?PageNum_rs=1&amp;maxrows=100).  The Republican opposition has been mainly political theater to deny a Democrat president a victory.  3) Senator McConnell himself must apologize for refusing to bring a vote on President Obama's Supreme Court nomination to the floor effectively stealing a Supreme Court seat.  To make things right again, he should agree Democrats should block every Republican Supreme Court nomination until the balance is restored.  Until I see these things, I have no reason to believe this suggestion of bipartisanship from Republicans is nothing more than an attempt to trick Democrats to not be as destructive and selfish as they have been for the past eight years.\""}
{"_id": "171374", "title": "", "text": "\"Not everyone pays their balance in full every month. They may not make interest off of you or me but they do make interest off of a lot of cardholders. In many cases, the interest is variable and the larger your (running) balance, the higher your rate. If you're close to your limit and making minimum payments, you can literally take decades to pay off $2,000 or so.  Some people don't pay at all every month and end up paying late fees. Some people use their cards overseas and pay foreign transaction fees. Ever take a cash advance? Me neither but they charge you interest right away for that instead of waiting until your statement. The list of fees and charges is as long as my arm and in tiny print. That's how they make money. The points/bonus/cash back and other rewards programs are to get you in the door. It's like when you see a luxury car advertised for a \"\"too good to be true\"\" price and you get to the lot and find out that the one they are selling for that price is a manual transmission without AC or a radio, they only had one and they sold it an hour before you got there. It got you on the lot though. The rewards programs function in much the same way (minus the disappearing part), they get you interested in their offering among a sea of virtually identical products but rest assured, if the card issuers were losing money because of them, they wouldn't exist for very long.\""}
{"_id": "171385", "title": "", "text": "Yeah from what I've read, Facebook is pilling up the profits so they could be in very good position to do the RA as well.   Its crazy if you think about the Google one.. At least $100m more went to the shareholders due to the different fee structure. Why wouldn't you do that if you had the option?"}
{"_id": "171398", "title": "", "text": "Think about the credit card business model... they have two revenue generators: interest and fees from borrowers and commissions and fees to merchants. The key to a successful credit card is to both sign up lots of borrowers AND lots of merchants. Credit card fortunes have improved dramatically since the 1990's when formerly off-limits merchants like grocery stores began to accept cards. So when a credit card lets you just pull cash out of any ATM, there are a few costs they need to account for when pricing the cost for such a service: Credit card banks have managed to make cash advances both a profit center and a self-serving perk. Knowing that you can always draw upon your credit line for an emergency when cash is necessary makes you less likely to actually carry cash and more likely to just rely on your credit card."}
{"_id": "171409", "title": "", "text": "\"I use \"\"Money Manager Ex\"\" which is a Windows application I use on PC to log my transactions and for simple statistic. They have two versions, simple standlone application and self-hosted web app.\""}
{"_id": "171420", "title": "", "text": "\"I struggled with this one at first.   It's easiest if you temporarily ignore the mathematical machinery of martingales and go back to the derivation that Black and Scholes provide in their 1973 paper. They basically show that when you construct a portfolio consisting of a long position in the option (the one being priced) and a short position on the replicating portfolio (consisting of shares of stock and cash in the risk-free bank account), then that portfolio will be entirely risk-less, and hence will earn the risk-free rate of interest. This makes intuitive sense if you think about it - every change in the value of the option is going to be countered by an opposite change in the replicating portfolio; by no arbitrage, that composite portfolio (the option + the replicating portfolio) must therefore earn the risk-free rate.   The fact that the composite portfolio earns the risk-free rate provides the connection to martingale pricing.   Recall that a martingale is basically* a stochastic process that has no drift, only volatility. Here, it's useful to think of the drift as being the \"\"risk  premium\"\" or \"\"return\"\" of a particular asset (like the stock).   What martingale pricing theory says is that to find the price of the option we (1) discount the value of the replicating portfolio by the cash bond (the numeraire asset), and (2) turn the stochastic process of the risky asset in the replicating portfolio into a martingale. This move intuitively makes sense because the Black-Scholes derivation shows that the replicating portfolio + the option must earn the risk-free rate, but if you divide the value of the Black-Scholes replicating portfolio by the numeraire asset, you're going to cancel out that risk-free rate -- e.g. have a Martingale.  (I'm not a mathematician, so please correct me if I've mucked something up in my explanation).   *I say basically because there are some technical conditions that need to be fulfilled, but that's generally true.\""}
{"_id": "171428", "title": "", "text": "I believe the insurance you are talking about is the type of insurance that makes your payment in the event you can't pay due to some specific reasons. These types of insurance are profit centers for the credit card companies and are generally not worth it for the consumer.    You are better off picking the best credit card that meets your needs and then finding your insurance needs separately.    Typically, the best credit card payment insurance plan is to not carry a balance and have a reasonable emergency fund.   Putting the money that would have gone to insurance towards those two goals will likely help you more than paying for the credit card insurance policy."}
{"_id": "171431", "title": "", "text": "&gt;At 15K per year for the 40+ years of work from 22 or so to 65, it will be 600K.   Hah. You can't take nominal terms like that. Even if you take just inflation at say, 2% a year, and a modest required rate of return of 8%, the present value of 15K a year for 40 years is 146,685. So basically if you expect to get only 15K a year more for the next 40 years, you can only afford to pay 146,685 dollars for tuition + forgone income today. That's just to break you even. And many people invest much more than that."}
{"_id": "171438", "title": "", "text": "Yes. I am in favour of democracy and a small state and help to those that truly need it like the handicapped, poor children, and disaster victims. However, if you do not reward work, savings, and investments - the only way to get people to actually behave sensibly and do the boring tasks needing to maintain and improve standards of living, is by punishing those that do not work - like they do in socialist states."}
{"_id": "171456", "title": "", "text": "Hey, I suggest you check this place out: http://www.investopedia.com/university/  You can start from there and then read through the things you don't know about and move on from there. When using youtube, search for specific things rather than a general/broad search. For example here's a good youtube video relating to Candlestick Breakout Patterns: https://youtu.be/1fB3EF7XeXU"}
{"_id": "171467", "title": "", "text": "That wasn't my argument. Everybody is upset that they are so much faster and lower latency than everywhere else and that nobody else can afford it. However this misses the point that these faster speeds only affect HFT fighting HFT. HFT practitioners were already running successful strategies on the same links as the regular institutional investors; the arms race began when more HFT players entered the market and the game became saturated. It's now very hard to make money in HFT as a result of the heavy competition."}
{"_id": "171473", "title": "", "text": "While technically true, a card issuer can cancel your card for almost any reason they want, it's highly unlikely they'll cancel it because you pay your bills! There are many, many people out there that pay their bills in full every month without ever paying a cent in credit card interest. I wouldn't ever purposefully incur any interest on a credit card. Related anecdote: I used to have a credit card that I only used for gas purchases because they gave 5% off for fuel. The issuer eventually discontinued the program (I assume because people like me took advantage of it.) So while they didn't cancel my card, the bonus eventually went away. I miss that card. My conclusion: if you can take advantage of promotional rates, by all means, go for it. You don't owe them any favors. Enjoy it as long as it lasts."}
{"_id": "171475", "title": "", "text": "&gt; In a way this stuff has been boiling up over the last 20 years as the country has adopted this Ayn Rand style of wealth sycophantism/worship  Apparently cozying up with government officials to achieve a desired regulatory outcome is  Ayn Rand style libertarian-ism."}
{"_id": "171479", "title": "", "text": "The issue is that housing price increases can't sustain themselves indefinitely, in comparison to the rental market. Increases drive people back to the rental market, which brings the rental market up.  Also, just as a AirBnB would drive property prices to go up, it also allows people who would otherwise not be able to buy a house to make the house purchase. Example - Loftium is a mortgage lender that will give you a cheaper loan if you put your house on AirBnB. That enables people to purchase a home when they otherwise wouldn't be able to. So over time (many years), the market should work itself out.  In the short term, AirBnB can definitely cause market fluctuations. For example, it might enable people to continue to own their homes during a depression, which would cause a supply shortage.   The only factor that affects ownership prices differently than rental prices in the long term would be regulation. Here's a [good article](http://www.sightline.org/2017/08/14/why-seattle-builds-apartments-but-vancouver-bc-builds-condos/) about that aspect specifically."}
{"_id": "171483", "title": "", "text": "No, it's not.  This could be a great question, but with no background, not so much. Do you live there now? For how long, and how much longer? You say investment, are you looking to live in it or rent it out?  I have nothing against China, but I'd not buy anywhere unless the price, location, and timing all were right."}
{"_id": "171489", "title": "", "text": "Ok, few things to understand first: Secondly, think about the way a scam usually flows. A person (scammer) with an actual bank account with money issues a valid cashiers check, trick someone else (victim) into receiving it (typically in exchange for a percent) and passing along a portion to another account (back to the scammer). The scammer then reports the first transaction as fraudulent and the bank takes back that transaction. Now the victim is stuck with the second transaction, and without the funds from the first. Meanwhile the scammer has both the original funds and the percentage from the second one. In a way they're attractive for scammers because they're so trusted."}
{"_id": "171500", "title": "", "text": "Well I'd consider Citadel Securities a prop shop and all the others besides for bridgewater prop shops as well. And I do work FO,thanks for the appreciation, but was hired there after 3 years of trading experience.   I guess it depends on what you are comparing the loads of kids hired to because I really can't think of many professions, especially in finance, that have less kids hired straight out of undergrad.   And Evercore and Laz are making over 100k but bottom bucket at JPM and GS did not make all in salary over 100k this year."}
{"_id": "171505", "title": "", "text": "\"Especially for people just starting out, without much reserve, the biggest concern is the rhythm of their expenses and income. If you're paid every two weeks, but your rent, car loan, and other \"\"big rocks\"\" are due once a month, then there are two paycheques a year that no-one has a claim on. Depending on your spending style, these can go into savings (yay!) or be spent on the spot and \"\"wasted\"\" (boo!).  Of course, you can get your mortgage set to every two weeks, and typically the bank will do that at the \"\"half your monthly payment\"\" level. If you're paid every two weeks, you won't feel any pain from this, but are making extra payments every year and getting out of the mortgage faster. The time-value-of-money part has a small impact. The emotional part and fooling yourself into saving, or paying things off faster, has a bigger one.\""}
{"_id": "171510", "title": "", "text": "While everything can be fixed in the end, and you can usually get all your money back, recovering from identity theft can take months or years. In the meantime, these are some of the things which you might not be able to do: In addition, you could face the following events: For all that, checking your credit report / score once or twice a year is probably enough.  If you're planning on a major purchase, though, you should get a copy of your full credit report from all three major bureaus (Equifax, Transunion and Experian) a few months ahead of time.  Even if everything on them is kosher, having that information on hand will give you a leg up when you go for financing."}
{"_id": "171512", "title": "", "text": "A friend from Shell (Indian by blood/South African by nationality) told me a couple of months ago that China, India, and Russia had a long term plan cooking to run crude through to China from Russia; thence to India via pipeline. This is a real showstopper deal. When I looked it up online, there is evidence it is coming.   Who knew about the big gas deal with China? Who knew about this one with Iran?  Carnegie.ru (Dmitri Simes) says this whole thing is about control of and regime change of Russia by the US through State Department policy. Notsomuch Ukraine as Russia!  Given the US' record with regime changes, if Carnegie is right, this is a huge FAIL. DOOMED!!"}
{"_id": "171557", "title": "", "text": "\"Just a real-world counterpoint, in the UK, we negotiate the \"\"before tax\"\" salary as some number of pounds per period of time. Out of this amount, income tax is typically deducted and this calculation is quoted on the payslip. (Like most of the rest of the world.) However, there's another grade of income tax called \"\"Employer\u2019s National Insurance\"\". This is calculated just like the other forms of income tax, paid by the employer directly, but the employee never sees this on their payslip and it is not part of the negotiated salary. https://www.gov.uk/national-insurance-rates-letters/contribution-rates So say you're an employer and you've budgeted \u00a31000/month for a potential employee's salary. You'd have to offer that person \u00a3878.73/month salary to bring the amount you'd actually be paying to the \u00a31000 you've budgeted. Why they do this, I have no idea. https://politics.stackexchange.com/questions/4917/what-is-the-rationale-for-employers-national-insurance-in-the-uk\""}
{"_id": "171565", "title": "", "text": "\"I think this can be answered by answering the question \"\"Who buys 10 year old cars?\"\".  Generally speaking those buyers are very price conscious.  They are looking to save money on transportation rather than following the herd of people participating in the car payments merry-go-round.   The cost of parts, repairs, and gasoline for those cars do not go down over time.  Remember that many of those cars require the use of premium gasoline.  This drastically reduces demand for those vehicles, thus lowers the price. Luckily I have a really good and reasonable mechanic near me, and I can float repairs and the higher gas.  I love driving my 1999 Mercedes and it is one of the least expensive cars that I have owned while also being one of the most comfortable.\""}
{"_id": "171573", "title": "", "text": "Mention your computer skills, organizational abilities, talk about the stress of waitressing and how you manage to stay cool and balance numerous tasks.   Talk about how you never forget small details, how you cqn juggle a lot of thoughts and stay organized. Reiterate your computer skills.  Mention any future finance coursework you may want to take.  And keep in mind he may very well be hoping you'll fuck him. Ive known a couple women who got into this exact situation, nothing too forward from the guy but when they were all professional they stopped getting hours."}
{"_id": "171576", "title": "", "text": "\"It's a tough question, because there is society and individual to consider, and the society's effects on the individual.  Currently, employers don't have to provide insurance, they do it to compete in the employee marketplace. Employers have an advantage over employees in that regard, because they can procure insurance at a lower cost that employees can, and they get tax breaks for doing so. Employers providing health insurance get a more stable relationship with their employees, because employees always hold great value in having an employee who provides good benefits.  The company I work for provides good benefits, but suppose tomorrow they told me \"\"Hey Mutatron, we're not providing benefits anymore, but we'll bump your salary to what your benefits are worth, plus enough to compensate for the tax break we get.\"\" So now, everything is equal to what it was before, but I have to go out and find my own insurance, which is a hassle, but presumably because of the PPACA I can get a good value and carry this insurance with me wherever I go, and never have to mess with changing every time I change jobs.  But suppose all the employers do this, so now there are no employer-provided health plans, and ten or twenty years down the line they've all just taken advantage so that wages haven't kept up and they've essentially pocketed the difference, or passed it on to their customers. Now people have less money to buy health insurance, and those near the bottom will now have to rely on the government to assist with providing health insurance.  This is the way it works now with the minimum wage. A recent report found that WalMart employees rely on welfare to the tune of [$2.66 billion a year](http://www.dailykos.com/story/2012/10/10/1141724/-Walmart-fuels-inequality-epidemic-taking-advantage-of-our-safety-net), while the company makes $15 billion in profit. So 18% of Walmart's profits are an indirect subsidy from the US taxpayer, which comes to about $48 per US citizen, or about $208 a year for the top 50% of wage earners.  Even so, I think I'd prefer to get my whole compensation package in one shot, all else being equal. That last part is important, though, I would need to get all the breaks my employer gets for providing myself with health insurance.\""}
{"_id": "171579", "title": "", "text": "Because people use financial terms loosely and I wanted to clarify.   Note: You raised the issue only after you saw the response which is a cheesy way to try to prove something.   Translation: When you know how things turned out it\u2019s always easy to say \u201cI knew it all along\u201d.  There is a term for that behavior, it\u2019s called hindsight bias. Look it up at your leisure.  This is my last response."}
{"_id": "171596", "title": "", "text": "\"You do not have to pay tax on any earnings inside a TFSA. Quoting Wikipedia's article, \"\"Investment income, including capital gains and dividends, earned in a TFSA is not taxed, even when withdrawn.\"\" This is backed up by the official TFSA government site, http://www.tfsa.gc.ca/, which states, \"\"Investment income earned in a TFSA is tax-free.\"\" This makes the TFSA an appropriate vehicle to store investments which produce dividends. For example, if you invest $5500 and receive a total of $500 in dividends this year, you will not pay tax on that $500, either in this tax year or even subsequently, when you withdraw money out of your TFSA. Of course, TFSAs aren't meant to be used for regular withdrawals. If you are planning on investing $5500 this year and withdrawing the dividends, I'd urge you to be careful and consider if this is actually the best sort of savings vehicle for you. But that's really just a general warning, nothing specific to dividends. It is possible to do this. Indeed, withdrawing $500 in dividends this year will increase your available contribution room in the next tax year (not in this tax year). For example, you contribute $5500 at the beginning of this year. By the end of November, you have accumulated $500 in dividends. You withdraw these in December. In the following tax year, you can recontribute this $500 in addition to the standard $5500 contribution room. So, you could contribute $6000. Just be careful with your calculations; I messed mine up and ended up paying a rather substantial penalty for my overcontribution.\""}
{"_id": "171600", "title": "", "text": "&gt; Or at the very least, you can sue the VC company for your back pay.  You do realize that investors are protected from being sued right? The whole set up is for the investor to be able to specify how much money they are willing to lose and are protected from financial responsibility of that company.  So if the company you work for tanks, you can sue them, but they don't have any money so what do you expect to get?"}
{"_id": "171615", "title": "", "text": "And you've provided no substance that they are, just misguided vitriol.  &gt;What is defensible about any upvoted item on /r/politics that pertains to Trump?  The most recent thing I can recall is the ban on transgenders in the military from last week, which is a reasonable stance to take but /r/politics trashed him for it all the same.  And you did as well, no doubt.  Because you don't think about things rationally anymore, you're just consumed by hatred.  &gt; You don't like it, you're free to leave.  As are you..."}
{"_id": "171629", "title": "", "text": "\"I have my \"\"safe\"\" money in index funds but like to dabble in individual stocks. My criteria and thought process are usually like this, let's use SBUX as an example: Understand what the company does. Also paraphrased as \"\"buy what you know\"\". A profitable/growing business doesn't need to be complicated. Open stores. Sell coffee. For SBUX, my decision process literally started inside a store: \"\"Rocky, why are you standing in line to overpay for coffee? Wow, look at all these people! Hmmm. I wonder if this is a good stock to buy?\"\" Check out their fundamentals. Are they profitable? P.E.ratio, book value, and PEG are helpful, and I tend to use them as a gauge for whether I think the stock is overpriced or not. I compare those values to others in the industry. SBUX right now has a PE of ~30, which looks about average for its peers (PEP, KKD, GMCR). So far so good. Does it pay a dividend? This isn't necessarily good or bad, just useful to know. I like dividend-paying stocks, even if it means the stock price might not grow as aggressively. Also, a company that pays a dividend is naturally confident in its ability to turn a profit and generate cash. So it's a safer pick, in my opinion. SBUX pays a dividend, a small one, but that's a plus for me. Am I willing to watch the stock? With my index funds, I buy and forget. With my stocks, I keep an eye on the situation, read the news, and have to make a buy/sell decision regularly. With SBUX, I don't watch all that closely, I just keep up with the news. IMO, it's still a buy based on all the above criteria. And I feel less silly now standing in line to overpay for coffee.\""}
{"_id": "171631", "title": "", "text": "\"The long and short of it is, the mortgage company has a significant interest in the resale value of the home in the event of a default.  Imagine a scenario where you say to yourselves that you're not going to repair the deck just yet (\"\"meh, we'll do that next summer\"\") and something happens that causes a default on the mortgage. The resale value of the home may be harmed by the deck, even though you're willing to live with it.  That being the case, the mortgage company has every right to insist that you carry out the repairs in order to maintain the property in salable condition, so the essence of it is, you don't have much choice but to do the repairs. Keep in mind too that the insurance company paid for the roof and the deck to be repaired.  If they were to learn that you now have no intention of using the money to repair the property, you could end up in legal hot water with them.  After all, you did accept the check for repairs that you're now not carrying out.\""}
{"_id": "171637", "title": "", "text": "I went in one a couple months ago and the host asked us if we'd ever been there before. I just stopped for a minute and looked at it him. It was a bit longer and more awkward than it needed to be but he got the point"}
{"_id": "171642", "title": "", "text": "\"You asked for simple, and I promise you this is... it just looks a bit math-heavy to start with because we have to handle a couple of different scenarios. Bear with me :) I find the best way to deal with these kinds of questions is to put together a \"\"Total cost\"\" for each option, for a sensible amount of time, and see what the difference is. We'll include the current cost for both options, plus the subsequent costs for 12 months: I find that more useful than a straight \"\"which is more expensive right now\"\" because it includes the potential costs of the next upgrade, and any changes to the plan. Let's throw some numbers together for the next 12 months (if your current plan is longer than 12 months, read the note at the bottom first) First, write down the cost of these things **The above assume that you have two options if you take the repair option (and only one option if you use the buy-out option). The two options we're assuming here are that you can either:  If you'd choose the same new plan regardless of whether you take the $100 or $150 option, there's no need to include both options: to simplify things you can just use the same numbers for both b/c and Pu/Py and the calculation below will still work. When you've found and written down the above, just do the sums below to find your two total costs over 12 months. Nothing fancy, just plug the numbers above into the equation. eg if Pe (eBay value of the phone) is $80, replace Pe with 80. Don't forget to do the parts in brackets first! That's your total cost for both options for the next year. Note: I'm assuming that your plan ends within the next 12 months. If not, just replace 12 in the above calculations with another term! You can also do this if you want to find out the price difference over a longer period (noting that if you upgrade to the same plan regardless of choice, you'll get the same answer for any period longer than your current contract)\""}
{"_id": "171645", "title": "", "text": "\"Here is one study http://rfs.oxfordjournals.org/content/7/4/711.short I quote from the abstract  \"\"In a variety of tests, marginal price drop is not significantly   different from the dividend amount. Thus, over the last several   decades, one-for-one marginal price drop has been an excellent   (average) rule of thumb.\"\"\""}
{"_id": "171669", "title": "", "text": "Fair, but to the first point, taking action on the climate change/stranded asset risk would disqualify the fund as a passive investment. Half the point of passive funds is to take that part of risk out of the equation - poor investment decisions - and rely on the average S&amp;P500 performance instead.  I get the second point, though I question whether that point has validity until activist investors are in significant, which is a long way off."}
{"_id": "171699", "title": "", "text": "Nope, don't do it.  Basic math shows this...as you pay down your HELOC, you will pay less and less interest, eventually you will have it paid off.  Look at what your RRSP will be worth even using a low rate of return over the next 20 or 30 years.  It will likely show that it would really cost you a LOT more if you cashed in."}
{"_id": "171709", "title": "", "text": "Well the thing to understand about HFT is that the volume levels heavily affect not just the earnings but also the ecosystem. HFT is almost always liquidity constrained so the volume and volatility is going to affect the overall profitability of the strategy since less of these things means fewer and smaller trading opportunities.  Since 2008 volume and volatility have been heavily negatively correlated with risk-on/risk-off. During risk-off periods investors seem to panic and trading hits a frentic pace. This describes late 2008 and more recently August 2011. Even in 2012 the highest volume/volatility period was in May when the Euro deals were in danger. Risk-on environments tend to be marked be calm, orderly buying.  Second the dark pool issue is bringing liquidity out of the lit markets where HFT normally makes its money. The primary reason for this trend is that dark pools are allowed to offer sub-penny quotes whereas lit exchanges are not. Because of this arbitrary regulatory constraint most of the time dark pools are going to offer better prices, especially on thick book securities.  But beyond that the level of volume effects some HFT players more heavily then others. Imagine all the HFT firms as a pride of lions. When volume is high and liquidity is flowing it's like the pride has brought in a giant water buffalo. The biggest, baddest cats eat first, but there's still food left for the cubs after they're finished feeding.  But if the pride only brings in say a baby gazelle the alpha cats will eat everything and the runts will go hungry. That basically describes what's happening now. A firm like RennTech or GETCO will make less money in a low volume environment, but still do fine. Marginal firms like Eladian will lose the ability to make any money.  Since the marginal firms need the press and the dominant firms tend to be more secretive than the NSA, you'll tend to read more about the former than the latter."}
{"_id": "171712", "title": "", "text": "I would be realistic and recognize that however you invest this money, it is unlikely to be a life-changing sum. It is not going to provide an income which significantly affects your monthly budget, nor is it going to grow to some large amount which will allow you to live rent-free or similar. Therefore my advice is quite different to every other answer so far. If I was you, I would: I reckon this might get you through half the money. Take the other $25,000 and go travelling. Plan a trip to Europe, South America, Asia or Australia. Ask your job for 3 or 6 months off, and quit it they won't give it you. Find a few places which you would really like to visit, and schedule around them a lot of time to go where you want. Book your flights in advance, or book one way, and put aside enough money for the return when you know where you'll be coming back from. Stay in hostels, a tent or cheap AirBnB. Make sure you have a chance to meet other people, especially other people who are travelling around. Figure out in advance how much it will cost you a day to live basically, and budget for a few beers/restaurants/cinema/concert tickets/drugs/whatever you do to have fun.  It's really easy nowadays to go all sorts of places, and be very spontaneous about what you want to do next. You will find that everywhere in the world is different, all people have something unusual about them, and everywhere is interesting. You will meet some great people and probably become both more independent and better at making friends with strangers. Your friends in other countries could stay friends for life. The first time you see Rome, the Great Barrier Reef, the Panama canal or the Tokyo fish market will be with you forever. You have plenty of years to fill up your 401K. You won't have the energy, fearlessness and openmindedness of a 23 year old forever. Go for it."}
{"_id": "171720", "title": "", "text": "There's no limit, from the legal perspective (with regards to the US law, that is), to how much you can keep on your bank accounts anywhere in the world. FBAR requirements are reporting requirements, they don't limit how much you can keep in the accounts, they only make you report the accounts to the government. There's no such requirement with regards to the US domestic accounts. That is for the US government, your own government (of the country of which you're a citizen of) may have limitations on what accounts you may have outside of that country, or have reporting requirements of their own. That said, keep in mind that FDIC only insures up to $250K per person (i.e.: on all your accounts) in each institution. So if you have more than $250K in a FDIC insured account - you better spread it across different banks."}
{"_id": "171738", "title": "", "text": "I realize this question is a few years old now, but I wanted to address one of the OP's questions that hadn't been answered yet (my answer is framed as though the question were recent): However, on the plus side, the monthly payment would likely be $200 less/mo with this house vs our current rent. On a 30 year mortgage it would be almost $3-400 less. This makes me think that I could use the difference to pay directly toward the principal each month. Is my logic sound? The way amortization works, if the interest rate between 30 and 15 were the same, then making principal-only prepayments on the 30 year to cover the difference in monthly payments would result in the exactly the same schedule as if you did minimum payments on the 15-year - i.e. the numbers would be practically indistinguishable.  Of course, in practice the interest rate is slightly better on the 15-year, which makes the 30-year with prepayments compare slightly less favorably. If you're confident that you'll be able to reliably keep up with the monthly payments, the 15-year would minimize the total amount of interest you pay, and help you get off of PMI slightly faster.  But the 30-year w/ prepayments gives you the option to skip a prepayment or two if you run into any financial difficulty, which is a nice option to have.  But you do have to be disciplined about making the prepayments every month."}
{"_id": "171741", "title": "", "text": "\"The thing you appear to neglect is that: Many people don't have a choice of when they retire.  Another issue is that \"\"work 'til I die\"\" people are often 20-50 years old. If they changed their minds or were forced to retire (see above) or came to a realization later in life that they would like to retire, they've missed their chance. They've lost decades of compounding interest because they thought they knew everything in the world when they were 23. Forced retire savings hedges this 'common' mistake.\""}
{"_id": "171746", "title": "", "text": "I think you're on the right track.  Keep it up. You are still relatively young, and it wont have an impact.  You have experience and you have a lot of education, both will be assets.    I can't comment on the region question because I have only ever worked in one region.  Are you asking from a purely economics/getting paid perspective?  One approach you can take is making a little spreadsheet with average trader salary divided by cost of living in that region. The issue is that trader salaries and bonuses vary SO MUCH in every region, that you can't make any generalizations."}
{"_id": "171752", "title": "", "text": "Read the article, the Tesla model S 60 has a 75kwh battery the same as a 75, they were sold as a cheaper car with an upgrade option at any time, this only upgraded all 60s to 75s temporarily to escape from the hurricane, any owner of a 60 knows they can activate this at any time by paying up to the 75 price. They are not extending into the higher and lower charge capacity than the recommended ban"}
{"_id": "171761", "title": "", "text": "In some stores that is done. When I shop at the Apple store or at the Farmers market the receipt is automatically sent to my email address. Why don't others do it? If the target of the itemized receipt is a credit card company they would be sending data that they spent collecting to another corporation. The grocery store is collecting your data so they can sell it to their vendors. They sell to vendors the info that Gen X shoppers that buy cat food are more likely to use brand X laundry detergent then Millennials. The credit card companies could gather even more Meta data that they could sell. Privacy. Some people don't join the reward program at the store because they don't want a company to know exactly what they buy. Even fewer would want the credit card company to have that information.  The credit card companies would have to want this level of data that would have to be stored, maintained, and protected."}
{"_id": "171763", "title": "", "text": "Does MS have Android and iPhone apps?  I think they can reach customers just fine.  &gt; The enormous success of the Chrome browser means that Chrome OS may yet achieve a similar kind of success.  Chrome OS feels like a bargain basement desktop.  It's ill-fitted to both tablets and more traditional computing.  In its niche - smarphone-cored laptops - it's servicable, but that niche is small, and has Microsoft as competition on low-end x86 core laptops.  Chrome OS, in my opinion, will get about the same level of success as OS-X, except without the high-ticket hardware helping to justify ever-widening per-unit profit margins (a situation that isn't likely sustainable either).  Of course, I may be ivory-towering here from my Ubuntu-powered laptop."}
{"_id": "171780", "title": "", "text": "They are entitled to the benefit.  End of story.  I dont know what you do not understand here.  Clearly you don't know a fucking thing anyway so I don't know why I am wasting my time with someone so ignorant as you in the first place.  Fix the military from the inside?    The military gets it's funding from congress smart guy, they teach that in junior high school.  I tell you what, since you obviously cant afford one yourself I'll give you a clue."}
{"_id": "171784", "title": "", "text": "\"Depends on how far down the market is heading, how certain you are that it is going that way, when you think it will fall, and how risk-averse you are.  By \"\"better\"\" I will assume you are trying to make the most money with this information that you can given your available capital. If you are very certain, the way that makes the most money for the least investment from the options you provided is a put.  If you can borrow some money to buy even more puts, you will make even more.  Use your knowledge of how far and when the market will fall to determine which put is optimal at today's prices.  But remember that if the market stays flat or goes up you lose everything you put in and may owe extra to your creditor.  A short position in a futures contract is also an easy way to get extreme leverage.  The extremity of the leverage will depend on how much margin is required.  Futures trade in large denominations, so think about how much you are able to put to risk. The inverse ETFs are less risky and offer less reward than the derivative contracts above.  The levered one has twice the risk and something like twice the reward.  You can buy those without a margin account in a regular cash brokerage, so they are easier in that respect and the transactions cost will likely be lower. Directly short selling an ETF or stock is another option that is reasonably accessible and only moderately risky.  On par with the inverse ETFs.\""}
{"_id": "171801", "title": "", "text": "You mean the study which concluded the $15 minimum wage resulted in fewer hours / less employment and Seattle decided to no longer fund the study (presumably) because it didn't find what they wanted to find and blamed the methodology even though it was actually quite credible?   http://www.nationalreview.com/article/449603/seattle-minimum-wage-study-city-cut-funding-when-it-didnt-results  [Link to actual study]( http://evans.uw.edu/sites/default/files/NBER%20Working%20Paper.pdf)  [Link to debate with Seattle's Kshama Sawant](https://www.google.com/url?q=https://m.youtube.com/watch%3Fv%3DxfLx6XMdCiY&amp;sa=U&amp;ved=0ahUKEwjWpriJiqXVAhUG2IMKHfQLDYYQtwIIETAC&amp;usg=AFQjCNFVlJn3c9XWhfONhJRtJizknHr_FA)"}
{"_id": "171818", "title": "", "text": "\"I hear that many women gets tricked with these MLM because it spreads in their workplace and everyone else gets in to them. Also some mothers want to work at home in flexible schedules for raising a child. MLM companies tricks these women in to spending thousands on these scams.  Also friend is now really into MLM but he needs to stop. I mean he already had a massive fight with his friends and families about this and now he's hanging out with MLM people all the time. Also he's losing tons of money and it's terrible. I have to tell him to stop but he's completely brainwashed by MLM company in to thinking that everyone who rejects or question MLM is \"\"ignorant bigot who can't adapt to innovative business\"\" so it's really hard.\""}
{"_id": "171819", "title": "", "text": "\"There some specific circumstances when you would have a long-term gain. Option 1:  If you meet all of these conditions: Then you've got a long-term gain on the stock.  The premium on the option gets rolled into the capital gain on the stock and is not taxed separately.  From the IRS: If a call you write is exercised and you sell the underlying stock, increase your amount realized on the sale of the stock by the amount you received for the call when figuring your gain or loss. The gain or loss is long term or short term depending on your holding period of the stock. https://www.irs.gov/publications/p550/ch04.html#en_US_2015_publink100010630 Option 2: If you didn't hold the underlying and the exercise of the call that you wrote resulted in a short position, you might also be able to get to a long-term gain by buying the underlying while keeping your short position open and then \"\"crossing\"\" them to close both positions after one year. (In other words, don't \"\"buy to cover\"\" just \"\"buy\"\" so that your account shows both a long and a short position in the same security.  Your broker probably allows this, but if not you, could buy in a different account than the one with the short position.)  That would get you to this rule: As a general rule, you determine whether you have short-term or long-term capital gain or loss on a short sale by the amount of time you actually hold the property eventually delivered to the lender to close the short sale. https://www.irs.gov/publications/p550/ch04.html#en_US_2015_publink100010586 Option 1 is probably reasonably common.  Option 2, I would guess, is uncommon and likely not worthwhile. I do not think that the wash sale rules can help string along options from expiration to expiration though.  Option 1 has some elements of what you wrote in italics (I find that paragraph a bit confusing), but the wash sale does not help you out.\""}
{"_id": "171825", "title": "", "text": "You might miss an opportunity or three by strictly avoiding debt, but I can't think of a problem you will create by being debt free. So maybe it isn't the absolutely smartest thing to avoid debt on principle*, but it certainly is pretty smart at the very least."}
{"_id": "171829", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.citylab.com/politics/2017/06/which-states-are-stingiest-with-government-benefits/529323/) reduced by 95%. (I'm a bot) ***** &gt; A new Urban Institute analysis finds that allowing states to decide how to spend TANF dollars has led to even more racial discrepancies in who receives benefits.  &gt; The Urban Institute analyzed a federal database that tracks state policy decisions about TANF and found that the states whose populations are more heavily African American are now less generous, more restrictive, and provide TANF for a shorter period of time than whiter states.  &gt; Giving states leeway on how they treat their poor has always been a risky proposition, with states with high shares of minorities historically choosing to leave people out.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fu0rx/which_states_are_stingiest_with_government/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~138636 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **welfare**^#2 **receive**^#3 **benefit**^#4 **family**^#5\""}
{"_id": "171831", "title": "", "text": "Sure, Yahoo Finance does this for FREE."}
{"_id": "171856", "title": "", "text": "Turbotax online is one of the best web applications I've ever used.  It's incredibly seamless and you don't even realize you're using a browser instead of an installed desktop application. I like it because Turbotax will store your old returns for you, and prepopulate fields based upon prior year returns. It's a fantastic service."}
{"_id": "171869", "title": "", "text": "I only worked there for all of three months, but I thought it was fine.  Nice, friendly people and it's in a great location.  However, both of my bosses actually left the company when I was there.  To my understanding, there wasn't a whole lot of room for advancement in the company.  There are a few divisions where the bulk of employees reside (sales/investor relations, collections, customer support), typical business departments consisting of a couple employees each (accounting, HR, IT), and then a couple of managers plus multiple executives.  The company isn't too large, I believe there were around 70-100 people when I was working there.  However, I would do a google search and see if you can find someone who worked there more recently or for a longer period of time."}
{"_id": "171879", "title": "", "text": "\"Okay... graduation rates along with the number of reported salaries (and virtually every statistic you can think of) are reported in the ones I'm looking it. Have a look for yourself:  Just journalism: http://www.grady.uga.edu/annualsurveys/Graduate_Survey/Graduate_2010/Grad2010MergedB&amp;Wv1.pdf School wide: http://www.unl.edu/careers/survey/salary.shtml  There is NO MISREPRESENTATION of information here. The graduation and retention rates are also reported. Do you seriously think that prospective applicants look at these numbers and think \"\"Wow, everybody graduates and this is what all of them make!\"\". If they do, that means they are stupid, not that the university is trying to deceive them. I realize the statistics may be skewed, but why in this case would they be skewed negatively? Why would somebody not report their low salary or unemployment? Wouldn't they, like seemingly everybody posting in this particular article, feel indignant that the school let them down with their education and want to accurately portray their salary/unemployment.  Let's go ahead and assume that the salaries are actually skewed lower. The school puts the numbers right there, you can see how many people responded. All I'm trying to say is that universities are not lying to anybody, at least mine wasn't.   Also, it is possible to make your point without name calling, using \"\"LOL\"\" as if what I say is laughable, and accusing me of not understanding things.\""}
{"_id": "171883", "title": "", "text": "no insult, Detroit was to cars what Glasgow was to ships... it happened all over the west during the last 30 years.  Ayrshire is funny though, I live in a small town really a few miles out of Kilmarnock, Glasgow is technically more accessible to me (to the north).  Glasgow has been pretty much rebuilt from it's tenements and shipbuilding fame.  Still issues, but they are getting there - Detroit will too.  In ayrshire (south west) we had a MASSIVE industry of lace and mining once.  Some of the best in the world apparently - that all disappeared to the far east during the 50s. during the 80s/90s we had a massive Fullerton plant, beacham Glaxosmithklein and even DEC had production here.  Guess what? as those could be automated - that was all offshored too.  Further North we had 'Silicon Glen' I believe the pun was intended.  IBM had a massive site of many thousand workers, Lenovo took them over and within a few years that was all gone too.  The original IBM workers had great benefits... they originally sold the site and weaned off the staff and then re-leased the site and took all the staff back on via an agency.  The only difference being all the benefits of working for IBM were gone.  That went on for a few years or so and then Lenovo took over IBMs consumer hardware side.  http://en.wikipedia.org/wiki/Silicon_glen  This being the funnier side of things, InverKip Powerstation, built for Silicon glen and then hardly used:  http://en.wikipedia.org/wiki/Inverkip_power_station  To be fair there is still a huge GlaxoSmithKline site at Irvine and we are supposedly getting another 3k workers back ( a bit like the CAT story )  This area will be very grateful for the work, just like your Southern states.  The trend I interpreted is that, as soon as things could be automated that was when things went away and when margins started to fall out of electronics, that was just the excuse they needed.  In theory a production line that had 100 staff might be doable with just 10 these days - maybe with all the horrific horror stories of abroad, companies are now being able to justify 10 plebs over here?  It starts to sound like I'm being slightly anti-globalist here - I've no problem with globalism, but the same thing that helps companies should allow me to buy shit from abroad at the cost I can find rather than being forced to buy region locked or extortionate crap.  If it costs you \u00a35 to make a shirt in india, you should be selling it to me for \u00a315, not \u00a335!  What you talk of does represent more what happened across Europe rather than just the UK (Poland and the previous eastern bloc being your southern states)  Thatcher, for (good or bad) tore the unions in the UK a new one when she was in power (hence the only 1 time the natural gas powered plant was fired up)  We have rights in the uk that are now being legislated from Europe but to be honest they hardly seem worth the paper they are written on, the unions - like yours just don't have the smite anymore.  On thinking about it - do you think the Earthquake had anything to do with the migration of that CAT site back to the US?"}
{"_id": "171905", "title": "", "text": "I believe the pizza business will help you set in and running into business faster than the welding business. You have a lifetime experience, a working brand name and original owner's trust, technical and financial support for the future available to help you as well. Having said that, the pizza business may not make you as much money as the welding business in the long run, but it's a safer start. You can start the welding business on the side once the pizza business starts running in the auto mode."}
{"_id": "171908", "title": "", "text": "Same day shipping?  If that's even possible, that would be pretty FUCKING awesome, but how would that work? Fedex and UPS ship on specific schedules every day. They would have to set up their own distribution service to ship out to specific spots.  If I can get same-day shipping, I would definitely choose that over next-day or two-day shipping. Hopefully it costs somewhere around 6.99 per item w/ a Prime membership."}
{"_id": "171916", "title": "", "text": "\"It may not apply for your situation, but if you were running a mutual fund, you could use the term \"\"front-end load\"\".\""}
{"_id": "171931", "title": "", "text": "What to do when institutions stop lending you money, or lend at high rates? Live within your means! Your friend has shown financial behavior that indicates he's a bad credit risk. If he cleans up his act, banks will lend to him at reasonable rates again.  Not a whole lot he can do except build his credit again.  He didn't lose it overnight, and he won't get it back overnight either."}
{"_id": "171964", "title": "", "text": "\"Filter by the filings when you look at the search results.  The 10-K will include the annual report, which included fiscal year-end financial statements.  Quarterly reports and statements are in the 10-Q filing. The filing will include a LOT of other information, but there should be a section called \"\"Financial Statements\"\" or something similar that will include all pertinent financials statements. You can also find \"\"normalized\"\" balance sheets and income statements on the \"\"finance\"\" pages of the main web search sites (Google, Yahoo, MSN) and other sites that provide stock quotes.  If you're looking to do basic comparisons versus in-depth statement analysis those may be sufficient for you.\""}
{"_id": "171968", "title": "", "text": "&gt;-service (many products rely on the company maintaining a server for them to talk to, so you don't know if a product will even work in a few years, which is bad for smart appliances that people expect to use for 10-20 years.  This is one of my main gripes with smart home devices. While the functionality can be enhanced with more nuanced and complex control, and also control from basically anywhere in the world, the lifespan of these devices are going to be so short. And we are paying an arm and leg for them.  You can get a basic thermostat for what, less than $50 and it will do the main function perfectly well and last you as long as you will live in your home. A smart thermostat will have planned obsolescence. It's functions will start to work more poorly as the software gets automatically updated over a few years. Then you have to pay the same 4x price again."}
{"_id": "171983", "title": "", "text": "ISIS founds its way all the way from Syria to Afghanistan, but can't make its way accross the border to Israel.  This is a Israel and their Indian cousins, Pakistan should sell tactical nukes to every middle eastern country, that will put the Israelis to rest and give a huge boost to their economy"}
{"_id": "171988", "title": "", "text": "Some banks charge their own customers if they make use of a teller. That is what you are doing. You are going to a bank where you are not a customer and requesting a transaction that requires a teller. If you cash the check by going though your bank, the issuer's bank only handles it as a non-teller transaction."}
{"_id": "172015", "title": "", "text": "So if some 3rd world country with 0 infrastructure offers a better tax environment, we should just join them in the race to the bottom?   I'm not saying our tax code isn't fucked up, but whatever is happening in the tax code that makes these inversions possible needs to be fixed."}
{"_id": "172017", "title": "", "text": "Hey dipshit, of *course* I respect the right for people to have a difference of opinion. I just told you twice now you're free to think whatever you want and I didn't for a second try and force you to think another way now did I?  In fact i told you to have fun."}
{"_id": "172025", "title": "", "text": "I recommended Currency Trading For Dummies, in my answer to Layman's guide to getting started with Forex (foreign exchange trading)? The nature of the contract size points toward only putting up a fraction of the value.  The Euro FX contract size is 125,000 Euro. If you wish to send the broker US$125K+ to trade this contract, go ahead. Most people trade it with a few thousand dollars."}
{"_id": "172035", "title": "", "text": "Cancer patient here. One thing that\u2019s important to distinguish is incidence rate compared to prevalence and mortality rates. We\u2019re living longer, so more change to get cancer. We are also living longer *with* cancer, so for example with the one I have there are more people than ever with it, but that\u2019s because they\u2019re not dying so quickly now. Stats can be really misleading.  In general there has never been a \u201cbetter\u201d time to get cancer than now."}
{"_id": "172065", "title": "", "text": "Any large bank that you trust would be happy to help you by holding the money for you.  One of the big advantages with a Swiss bank account is privacy. The names of lottery winners are public, so this advantage would not mean much to you. Swiss banks are generally very large, secure, and capable of handling large amounts of money, however, so if Switzerland isn't too inconvenient for you, it's worth considering.  You won't want to keep all of it in a bank account for long; the majority of it should be invested. It would definitely be worth paying for a trusted financial advisor to guide you through that.  Avoid the urge to swim in a pile of gold coins."}
{"_id": "172072", "title": "", "text": "It's not a 60% raise. He made 60% more than the previous year. There's lots of things that could account for that. One of them is an annual bonus that was larger than his previous annual bonus - the calculation of that bonus was likely negotiated as part of his contract.  A large chunk of the gains seems to be between that and stock/option awards. Often stock/option vest differently in the first year than remaining years, and the value changes over time as the stock market moves. If you have options granted with a strike price set based on the closing price of stock the day you start, and you cash them out as you get them, after a year if it's gone up 5% you make a bit. After the second year if it's gone up 10%, you doubled your income from that source even though you didn't receive any more options that year.  His salary raise doesn't seem out of line. I've gotten larger raises in my career.  Now... suppose all of his compensation was spread out evenly across all of the employees. CAT has a bit over 100K employees. His total compensation was $16M 16M / 100K = $160. You could give every employee $160/yr more for the cost of the CEO's entire compensation package. That comes out at 7-8 cents/hour. If you only do it with his raise and not the one time bonuses and returns from stock/option grants well... $3/employee/yr.  The best way to invest in people is to offer training to help them move to higher value jobs. Things like tuition reimbursement programs based on maintaining good performance in classes are solid benefits to offer. Or even job training to those who show aptitude for different classes of work. Maybe some merit based bonus structure - people who come up with good ideas for cutting costs, improving efficiency, etc and work to see them implemented qualify for some sort of bonus based on a percentage of the value of that change.  The bigger problem with those types of programs is that collective bargaining agreements tend to forbid any sort of merit based pay. They also make jumping line in seniority impossible - i.e. the union agreement would say that the person most qualified for the extra training is the one who's been in the job the longest. Some of these rules make sense if your goal is that everybody is equal and your idea of fairness is based on avoiding inequality. To justify it, they'll throw up things like the boss's cousin's brother-in-law's ex-wife's son could get preferential treatment if the contract doesn't prevent it."}
{"_id": "172084", "title": "", "text": "\"Should I allow the credit cards to be paid out of escrow in one lump   sum? Or should I take the cash and pay the cards down over a few   months. I have heard that it is better for your credit score to pay   them down over time. Will it make much of a difference? Will the money you save by increasing your credit score (assuming this statement is true) be larger than by eliminating the interest payments for the credit card payments over \"\"a few months\"\" (13% APR at $24,000 is $3120 a year in interest; $260 a month, so if \"\"a few months\"\" is three, that would cost over $700 - note that as you pay more principal the overall amount of interest decreases, so the \"\"a year\"\" in interest could go down depending on the principal payments). Also, on a related note regarding credit score, it doesn't look good to have more than a third of a credit line available balance exceeded (see number 2 here: http://credit.about.com/od/buildingcredit/tp/building-good-credit.htm).\""}
{"_id": "172085", "title": "", "text": "\"&gt;An Empire with different ethnic, linguistic, racial and national origin groups spread out over a large area can only redistribute wealth by stealing it with force  This is not strictly true.  In place of \"\"force\"\", fraud can be used.  Our current society uses a combination of both, but really the \"\"fraud\"\" of the monetary/banking system is far larger and of more importance than the \"\"force\"\" part (though the latter obviously backs up the former).\""}
{"_id": "172122", "title": "", "text": "Maybe you're technically correct, but maybe not. Either way it's irrelevant as Apple is clearly innovating in consumer products with great aplomb. That requires 'engineering' and 'inventions' on lots of different scales. The HDD personal media player?"}
{"_id": "172125", "title": "", "text": "Fair point, I am sure the vast majority of janitors are not middle class and in NY probably dont make 100k. My point still stands with regard to the other traditionally middle class occupations though. 529 plans are beneficial to the middle class."}
{"_id": "172127", "title": "", "text": "There are rules and regulations as to how the credit card information must be stored, and I assume Square adhere to these rules. The point is that the barber doesn't need to see your credit card at all, and doesn't have to keep its number for keeping tabs, you only share the information with Square and they remit payments to everyone else. This is very similar to Paypal, Amazon and Google checkout systems, except that Square combine it with physical card processing."}
{"_id": "172128", "title": "", "text": "\"Read the terms carefully.  With promotional offers, if you do anything \"\"bad\"\", the promotion is terminated and you immediately revert to either your normal rate or a penalty rate. \"\"Bad\"\" includes things like: making a late payment, going over your limit, paying less than the minimum payment, etc. I wouldn't sweat the potential credit score impacts. These promotions are pretty much the best deals that you can get for an unsecured loan.\""}
{"_id": "172136", "title": "", "text": "\"It's interesting that you use so many different risk measures. Here's what I'd like to know more in detail:  1) About the use of VaR. I've heard (from a friend, may be unreliable) that some investment managers like Neuberger Berman doesn't use VaR for assessing risk and maintaining capital adequacy requirements. Rather, some firms only rely on tracking error, beta, standard deviation, etc. Why do you think is this so? Isn't VaR supposed to be a widely accepted risk measure.  2) The whole \"\"Expected Shortfall vs. VaR\"\" debate. I've read some papers comparing Expected Shortfall and VaR. Mainly, they criticize VaR for not being able to consider the 1% probability left where losses can (probably) skyrocket to infinity. If I need to choose between the two, which do you think is better and why?\""}
{"_id": "172165", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.pewresearch.org/fact-tank/2017/10/06/americans-deepest-in-poverty-lost-more-ground-in-2016/) reduced by 81%. (I'm a bot) ***** &gt; Although the overall U.S. poverty rate declined and incomes rose rapidly for the second straight year in 2016, many poor Americans fell deeper into poverty, according to a Pew Research Center analysis of U.S. Census Bureau data.  &gt; The average family income deficit - that is, the amount a family&amp;#039;s income is below its poverty threshold - was $10,505 for all families in poverty in 2016.  &gt; In 2016, 28.4% of families in poverty had incomes $15,000 or more below their poverty threshold, up from 26.2% in 2015.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74plcr/poorest_americans_lost_more_ground_in_2016/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~223419 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **family**^#1 **poverty**^#2 **income**^#3 **average**^#4 **threshold**^#5\""}
{"_id": "172166", "title": "", "text": "That's laughable though. Point guards in the NCAA work their asses of as well. How many of them make it? Working ass is always memories to play a much larger role than it does. And we're talking sports. Something probably far more meritocratic than the rest of us plebs are doing."}
{"_id": "172168", "title": "", "text": "I haven't watched tv in forever but your post reminded me of just *why* I haven't. Old style tv, while I may not have been able to see the sweat on an upper lip in HD quality, I could watch with out artifacting, lag, and total frame freezing. Digital was fucking *awful* where I lived and, so it seemed, every where else I went."}
{"_id": "172188", "title": "", "text": "I haven't done these types of problems in a while, so won't be able to help with the actual problem.  But to answer your question, those types of problems are notorious for including extra information that is not needed to solve the problem.  So if you are think you doing it right, I wouldn't second guess it because they gave you an extra number."}
{"_id": "172192", "title": "", "text": "I don't at all agree that it violates Square terms of service.  But having said that, it's a bloody expensive way to do things.  Square charges beaucoup fees, that more than obliterate any kind of points you might earn. Only for emergencies, should one do this."}
{"_id": "172216", "title": "", "text": "Although, I really want to side with Jon Stewart, and I do for many of the points he made, I think the crux of this debate rests on the point of motivation. The point about Steve Jobs, some guys in a basement with passion-filled hearts, being the true drivers of innovation, is a comforting one, but unfortunately, incomplete.  For any dynamic enterprise, there's the innovator, and the investor who's money makes it real. The latter isn't fueled by the same passion as the former.   The other key point by JS, was that two things rouse the appetite for risk: potential rewards and stability. That was bang on."}
{"_id": "172241", "title": "", "text": "Public infrastructure poisons people. Nestle never sold a bottle of water tainted with lead.  People are buying solar panels privately to get away from public utilities. Privatized roads are safer and less congested. Private companies are leading the charge on renewable energy and infrastructure.  We became the fattest country in the world by privatizing our food supply, not nationalizing it. When you provide something with public funds, you get less of it and pay a higher price. Give the consumers choice in how their money is spent, don't force it on them like a fucking racket. Abolish all taxes."}
{"_id": "172249", "title": "", "text": "Based on the multiple replies refuting your understanding of how often the site is used, I would have to say you are simply misinformed.   I get good job contacts from linkedin all the time. Perhaps you are not connected to the right people."}
{"_id": "172251", "title": "", "text": "It probably does make sense for you to buy term life insurance separate from your employer, for a few reasons: There are a number of life insurance calculators on the web. Try two or three -- some of them ask different questions and can give you a range of answers regarding how much coverage you should have. Then take a look at some of the online quote sites -- there are a couple that don't require you to enter your personal information, just general age/health/zip code so you can get an accurate quote for a couple of different coverage levels without having to deal with a salesman yet. (It was my experience that these quotes were very close -- within $20/year -- of what I was quoted through an agent.)  Using this information, decide how much coverage you need and can afford. If you're a homeowner, and the insurance company with whom you have your homeowner's policy offers life insurance, call them up and get a quote. They may be able to give you a discount because of your existing relationship; sanity check this against what you got from the quotes website."}
{"_id": "172280", "title": "", "text": "\"&gt; \"\"tech firms unite in joint cause that benefits them all\"\".  Hmm who would have guessed.    It doesn't benefit them all. In fact, the larger and more established the company, the more they stand to gain by *not* having a neutral Internet.\""}
{"_id": "172303", "title": "", "text": "\"As to where the interest comes from: The same place it comes from in other kinds of savings accounts. The bank takes the money you deposit and invests it elsewhere, traditionally by lending it out to others (hence the concept of a \"\"savings and loan\"\" bank). They make a profit as long as the interest they give for \"\"borrowing\"\" from you, plus the cost of administering the savings accounts and loans, is less than the interest they charge for lending to others. No, they don't have to pay you interest -- but if they didn't, you'd be likely to deposit your funds at another bank which did. Their ideal goal is to pay as little as possible without losing depositors, while charging as much as possible without losing borrowers. (yeah, I know, typo corrected) Why do they get higher interest rate than they pay you? Mostly because your deposits and interest are essentially guaranteed, whereas the folks they're lending to may be late paying or default on those loans. As with any kind of investment, higher return requires more work and/or higher risk, plus (ususally) larger reserves so you can afford to ride out any losses that do occur.\""}
{"_id": "172305", "title": "", "text": "How would you respond to these cases: Limited card options - If someone has a bad credit record the cards available may only be those with an annual fee.  Not everyone will have your credit record and thus access to the cards you have. Some annual fees may be waived in some cases - Thus, someone may have a card with a fee that could be waived if enough transactions are done on the card.  Thus, if someone gives enough business to the credit card company, they will waive the fee. On the point of the rewards, if the card is from a specific retailer, there could be a 10% discount for using that card and if the person purchases more than a couple thousand dollars' worth from that store this is a savings of $200 from the retail prices compared to what would happen in other cases that more than offsets the annual fee.  If someone likes to be a handyman and visits Home Depot often there may be programs to give rewards in this case. Credit cards can be useful for doing on-line purchases, flight reservations, rental cars and a few other purchases that to with cash or debit can be difficult if not close to impossible. Some airline cards have a fee, but presumably the perks provide a benefit that outweigh that fee over the year. I'm thinking of the Citibank cards tied to American Airlines, first year free, then an $85 fee."}
{"_id": "172306", "title": "", "text": "\"Clearing means processing unsettled transactions. Specifically - all the money transfers between the banks, in this case. Clearing Bank for RMB business means that all RMB transactions will be cleared through that specific bank. If bank A in Hong Kong gets a check drawn on Bank B in Hong Kong, and the check is in RMB - A will go to the BoC with the check and will get the money, and BoC will take the money from B. That obviously requires both A and B have accounts with BoC. \"\"Sole\"\" clearing house means there's only one. I.e.: in our example, A and B cannot settle the check through C where they both happen to have accounts, or directly with each other. They MUST utilize the services of BoC.\""}
{"_id": "172322", "title": "", "text": "This is all it.   Customers spend 20 minutes trying to figure out the menu. Waaay too many items and too many complexities - 2 for $20, pick 2 apps &amp; pick 3 apps vs \u00bd priced apps during happy hour, etc etc..."}
{"_id": "172334", "title": "", "text": "I hope you all can forgive my ignorance of the topic. But what does it mean when you invest in gold? Do you actually own real gold somewhere? I don't know how it works so if someone can explain it to me I'd appreciate it.  :)  Again sorry for asking probably a stupid question lol."}
{"_id": "172336", "title": "", "text": "Instead of saying which one is better, which is too subjective, I think it is more important to understand what these institutions are.  They are kind of different animals. Edward Jones pretty much a full service wealth manager.  They meet with you in person, advise you on what retirement and savings accounts to get, they talk to you to evaluate your risk preferences.  They will talk to you about planning for your kids' college and about your insurance situation. They will probably attend your kids' bar mitzvahs and stuff too.  Of course, this isn't free.  With Edward Jones you will pay a fixed percentage of your managed wealth to them every year.  And they will likely put your money in expensive mutual funds.  And those mutual funds will charge a special 12b-1 fee, which is a kickback to the wealth manager.  Plan on giving 2% or so of your total wealth to the manager per year, plus whatever the mutual funds charge.   I don't have experience with Betterment, but they appear to be a robo advisor.  Robo advisors attempt to do the same kinds of things as wealth managers, but rely on computer algorithms and web pages to give you advice whenever possible.  This makes some sense because most people aren't actually that special in terms of their financial situation.  I don't know their cost structure, but presumably it will be significantly cheaper than Edward Jones.  They will almost certainly put you in cheaper funds (index funds and ETF's).  Think of it as a cost-conscious alternative to Edward Jones. Vanguard is a discount broker and a mutual fund family.  Their funds are among the biggest and cheapest in the world.  Fees on many of these funds will be a fraction of the equivalent funds Edward Jones will put you in.  They will charge you nothing at all to manage your money.  They will give you some assistance and advice if you call them but don't expect any house calls.  They aren't particularly in the business of giving advice.  If you know what you want to invest in, this is the cheapest way to do it by far.  Basically you won't have to pay anything at all except the actual cost of the assets you are investing in. Which is the best?  Depends on your own preferences and ability.  If you do not want to learn about personal finance and don't particularly care about whether you are getting the best return--if you don't mind paying for a personal touch--Edward Jones might be a good choice.  For most people who are comfortable asking this type of question online and interested in learning about finance even a little bit, I'd expect that Betterment or Vanguard will be a better choice.  For people who are willing to learn a bit of finance and manage their own affairs, using Vanguard (or a close competitor, like Fidelity) will ultimately result in the most wealth generated (the least given away to the financial industry)."}
{"_id": "172338", "title": "", "text": "The problem with short would be that even if the stock eventually falls, it might raise a lot in the meantime, and unless you have enough collateral, you may not survive till it happens.  To sell shares short, you first need to borrow them (as naked short is currently prohibited in US, as far as I know). Now, to borrow you need some collateral, which is supposed to be worth more that the asset you are borrowing, and usually substantially more, otherwise the risk for the creditor is too high. Suppose you borrowed 10K worth of shares, and gave 15K collateral (numbers are totally imaginary of course). Suppose the shares rose so that total cost is now 14K. At this moment, you will probably be demanded to either raise more collateral or close the position if you can not, thus generating you a 4K loss. Little use it would be to you if next day it fell to 1K - you already lost your money!  As Keynes once said, Markets can remain irrational longer than you can remain solvent. See also another answer which enumerates other issues with short selling. As noted by @MichaelPryor, options may be a safer way to do it. Or a short ETF like PSQ - lists of those are easy to find online."}
{"_id": "172362", "title": "", "text": "That is just not true. When I had my heart attack I took my time to find the best price/quality emergency room. I didn't just let the ambulance (which I also vetted) take me to the nearest facility which could take me and treat me. /s"}
{"_id": "172374", "title": "", "text": "If you just want to track an index, then ETFs are, generally speaking, the better way."}
{"_id": "172385", "title": "", "text": "There is no 1 2 3 to being successful. Everyone's story is different but generally there is some composition of connections, networking, dedication and opportunity involved.   Anyone offering easy steps to being financially successful is a scammer and anyone willing to buy into it is a chump.   Go out and build a network, learn and offer product/service that has demand is the most general you can be."}
{"_id": "172386", "title": "", "text": "It really confuses me how businesses and politicians fail to see how much of a problem this is, even beyond issues is social inequality. An economy in which the middle class is earning less is an economy with less growth potential.   When a company is squeezing employee wages, on par with other businesses, the end result is a smaller pie for them to carve out. The look at their immediate bottom line in which the weight if wages has gone down, but fail to see that they have weakened the market (for broad-based, community serving markets, at least), and so are shrinking demand.   Even if you assume that only 80% of those $93 Billion are for low and middle class wages, that is still $74 billion less demand.   For decades we've heard that the middle class is what fuels the economy, yet the fact that the wages if the middle class are waning are seen as trivial and nothing to worry about..."}
{"_id": "172425", "title": "", "text": "When Obama took office, the yearly deficit was $1.6 trillion.  When he left office, it was only $600 billion.  Yes the total debt continued to increase because he never got the deficit down to zero like the last Democratic president, Clinton, did, but he made a lot of progress.  In fact, the only time we've seen the yearly deficit decrease is when a Democrat is in the White House.  Unfortunately, Trump seems determined to reverse that trend.  He wants a tax cut, a wall (which he now demands Congress pay for), a roughly 10% increase in the military budget, and a $1 trillion dollar infrastructure spend-fest.  Odds are the next Democratic president will have to start digging us out of that hole."}
{"_id": "172435", "title": "", "text": "it's not that i suggest those areas of finance instead, its that those are areas of finance and most consulting isn't finance.  in consulting you'd have a 'financial services' alignment where you do bitch work for a goldman or a bank of america. do you view that as finance consulting? if you want to do modeling or valuation or asset allocation, go straight to that type of job. you'll be hard pressed to find it in consulting (not saying you won't, just hard)"}
{"_id": "172443", "title": "", "text": "\"Except the government in this case has decided to limit itself to Euros, a currency it does not control and therefore one it can \"\"run out of\"\", making deficit spending a risky proposal indeed.  The correct approach is of course to never join such a regime in the first place, and then deficit spend as needed to keep your labor force highly employed.\""}
{"_id": "172452", "title": "", "text": "The Key aspect is the risk of market orders;   You should be worried about point 2 & 3 when you are doing market orders."}
{"_id": "172455", "title": "", "text": "\"The  easiest  way to improve the life of yours and your family's. Spend some time on the step by step easy tutorials, and  you  will gain free time to spend on your life's luxury dreams, whenever and wherever you want to. \"\"BCOMEWEALTHY\"\"  now too. We know you can do it  !!!  Join us  !!!\""}
{"_id": "172457", "title": "", "text": "You would be required to report it as self-employment income and pay tax accordingly.  It's up to you to keep proper records (like a receipt book, for example), especially when it comes to cash.  If you can't prove exactly how much you earned and the government decides to guess the amount for you then you won't like the outcome!"}
{"_id": "172473", "title": "", "text": "&gt; That being said, we're in a historically low-rate environment, so even the 2.77% is probably a bit low.   You might try using some sort of historical average with the argument that it is more indicative of a long term RF assumption. My firm is currently using the 5 year average yield on 20yr US Treasuries, currently about 4%."}
{"_id": "172509", "title": "", "text": "We're probably thinking of different jobs. I have read countless stories of how if you want to be an investment banker or a quant, you need to go to an ivy league school and be at the top of your class. But I have also heard that many traders are more akin to blue-collar workers, and only need the gusto."}
{"_id": "172518", "title": "", "text": "\"There's no difference between \"\"individual\"\" and \"\"business\"\" in this context. What is a personal transaction that involves credit card? You have a garage sale? Its business. You sell something on craigslist - business. Want to let people pay for your daughter's girlscout cookies - business. There's no difference between using Paypal (which has its own credit card reader, by the way) and Square in this context. No-one will ask for any business licenses or anything, just your tax id (be it SSN or EIN). Its exactly the same as selling on eBay and accepting credit cards through your Paypal account, conceptually (charge-back rules are different, because Square is a proper merchant account, but that's it).\""}
{"_id": "172529", "title": "", "text": "In various industrial sector it has been observed that use of hot melt glue stick can help to build and deliver the better products in a very quick time than any traditional adhesive can offer.In food packaging industry volatile organic compounds can be eliminated by using hot melt adhesive."}
{"_id": "172543", "title": "", "text": "You can basically do this already with Amazon Instant or Itunes. They have some gaps like HBO but so does a service like Steam. You pay per show instead of per channel but that is better. Why pay for Wrestling if you just want to watch Euerka."}
{"_id": "172546", "title": "", "text": "If I were you I would do some research online and try to find a CP. You could also ask your family and friends to see who they have to do their taxes. I don't like doing taxes myself, because I always feel like I am missing something that could be costing me money."}
{"_id": "172565", "title": "", "text": "It's not really about nation states, the problem is larger than that.  The West who consumes too much, faced off against the East who makes too much.  Seems like everyone's just waiting for the dollar to fail, so some new order can resolve."}
{"_id": "172567", "title": "", "text": "\"ACH transfers are the evolution of paper check clearing houses. Transactions are conducted in bulk and do not immediately settle -- the drawer and drawee still retain liability for a period of days or weeks after the transaction date. (I'd suggest looking to the legal definition of a check or draft to understand this better.) A for-fee wire transfer still goes through an intermediary, but settle immediately and irrevocably. Wire transfers are analogous to handing cash to someone.  In the US, the various Federal Reserve banks are involved because they are the central banks of the the United States.  In the past, bank panics were started or exacerbated when banks would refuse to honor drafts drawn on other banks of questionable stability. Imagine what would happen today if your electric company refused to accept Bank of America or Citibank's check/ACH transactions? Wouldn't you get withdraw every penny you could from BoA? During the 1907 banking panic, many solvent banks collapsed when the system of bank \"\"subscriptions\"\" (ie. arrangements where small town banks would \"\"subscribe\"\" to large commercial banks for check clearing, etc) broke down. Farmers, small business people and individuals lost everything, all because the larger banks would not (or could not) risk holding drafts/checks from the smaller banks.\""}
{"_id": "172569", "title": "", "text": "There are hundreds if not thousands of index funds and ETFs in the EU, far too many to enumerate here. It's worth pointing out that Vanguard themselves operate in the UK. The minimum investment if you go direct to Vanguard is \u00a3100,000, but you can make smaller investments through a number of fund platforms."}
{"_id": "172586", "title": "", "text": "Yeah having the government guarantee basically the entire housing finance industry has done the same thing as university eduction. In a larger sense those in their 20s did get screwed because the Baby Boomers mortgaged their future to keep prices artificially high for their assets."}
{"_id": "172587", "title": "", "text": "Can someone recommend a textbook (or other resource) that provides a rigorous introduction to finance for someone with a mathematical background? Ideally, something that provides both a theoretical background for the pricing of assets generally and moves to mores specific instruments with quantitative exercises along the way?"}
{"_id": "172590", "title": "", "text": "You could look up their old SEC filings before they were placed in conservatorship. Derive WACC from that. Comp to peer financials from the same timeframe; see how they compare. Assume some sort of size premium if you so desire.  That might give you a picture of the business's cost of capital were it an independent entity. Since it's a GSE, you could make the case that its cost of capital is the rate on US treasury securities.   In reality, it's current cost of capital is probably a mix of the two."}
{"_id": "172594", "title": "", "text": "\"One thing I would add to TTT's answer: One of the benefits of using an LLC for your business is right there in the name - \"\"limited liability\"\". It provides a level of protection for your personal assets should your business go bankrupt, get sued, and so forth. However, if someone can show that there's no real separation between your LLC's activities and your personal activities, then they can \"\"pierce the corporate veil\"\" and go after your personal assets. If this loan is really purely personal and not related to your business activities, you may create a paper trail that can later be used in this way. My advice would be to just avoid the whole thing and make the loan from personal funds. I don't see any upside to doing this out of the LLC funds.\""}
{"_id": "172616", "title": "", "text": "\"I'm reasonably familiar with the field for a non-specialist, certainly with the 14 qubit example and the D-Wave stuff.  I've experimented with quantum lambda calculi, which relate to my own interests.  But an article much like this could have been written back in the mid-90s.    The fact is we don't know yet what limitations, hard or soft (e.g. economic), will be encountered.  Although the article admitted that, it just felt too hyped to me overall.    To be fair to the author, it's not just him: e.g. he quotes Seth Lloyd saying that quantum computing \"\"allow us to understand the universe in its own language\"\".  Which, btw, is nonsense when you consider that imposing qubits on some underlying substrate is actually just encoding a specific approach to computation, and has nothing to do with the universe's \"\"own language\"\", whatever that means.\""}
{"_id": "172636", "title": "", "text": "If you assume the market is always 100% rational and accurate and liquid, then it doesn't matter very much if a company pays dividends, other than how dividends are taxed vs. capital gains.  (If the market is 100% accurate and liquid, it also doesn't really matter what stock you buy, since they are all fairly priced, other than that you want the stock to match your risk tolerance).   However, if you manage to find an undervalued company (which, as an investor, is what you are trying to do), your investment skill won't pay off much until enough other people notice the company's value, which might take a long time, and you might end up wanting to sell before it happens.  But if the company pays dividends, you can, slowly, get value from your investment no matter what the market thinks.  (Of course, if it's really undervalued then you would often, but not always, want to buy more of it anyway).   Also, companies must constantly decide whether to reinvest the money in themselves or pay out dividends to owners.  As an owner, there are some cases in which you would prefer the company invest in itself, because you think they can do better with it then you can.  However, there is a decided tendency for C level employees to be more optimistic in this regard than their owners (perhaps because even sub-market quality investments expand the empires of the executives, even when they hurt the owners).   Paying dividends is thus sometimes a sign that a company no longer has capital requirements intense enough that it makes sense to re-invest all of its profits (though having that much opportunity can be a good thing, sometimes), and/or a sign that it is willing, to some degree, to favor paying its owners over expanding the business.  As a current or prospective owner, that can be desirable.   It's also worth mentioning that, since stocks paying dividends are likely not in the middle of a fast growth phase and are producing profit in excess of their capital needs, they are likely slower growth and lower risk as a class than companies without dividends.  This puts them in a particular place on the risk/reward spectrum, so some investors may prefer dividend paying stocks because they match their risk profile."}
{"_id": "172652", "title": "", "text": "Sorry, no, any time you sell for a profit you owe tax."}
{"_id": "172653", "title": "", "text": "Land value tax is only one part of a proper tax system, and doesn't play well with free trade. Taxing land creates a competitive advantage to importing goods.  It works in the 1700s, but with free trade and cheap, efficient transportation of goods it drives local production out of business.  To properly tax land, you have to do it in a way that doesn't allow production outside your borders that earns money from your economy to escape those taxes."}
{"_id": "172656", "title": "", "text": "Having been there, honestly just be at the right places at the right times. There are a ton of TukTuk drivers, I never bothered to save any to my phone because there was always a line of them outside no matter where I was. Find the popular pick up points and setup there. Offer to take people through Ankor Wat for the day at a good price."}
{"_id": "172667", "title": "", "text": "Proactive Dental was established in East Burpengary on May 17th 2010. We have been providing excellence in dental care to families and local residents since then. Proactive Dental offers the highest level of service and full range of treatments including: Implants, Veneers, Crowns, Bridges, White fillings, Teeth whitening (ZOOM), Endodontic (root canal Therapy), Extractions, Dentures, Mouth guards, Oral prophylaxis (cleaning) and Periodontic treatment (gum Diseases)."}
{"_id": "172691", "title": "", "text": "Market price of a stock typically trades in a range of Price/Earnings Ratio (P/E ratio). Or in other words, price of a stock = Earnings * P/E ratio Because of this direct proportionality of stock price with earnings, stock prices move in tandem with earnings."}
{"_id": "172692", "title": "", "text": "Huge franchises.  I'm talking universes, with multiple recognizable characters and storylines that are ones you can merchandise and make theme parks out of that are the same tier as: Marvel, Star Wars, and Pixar?  I got Harry Potter, and Nintendo."}
{"_id": "172694", "title": "", "text": "\"Private equity firms have a unique structure: The general partners (GP's) of the firm create funds and manage the investments of those funds.  Limited partners (LP's) contribute the capital to the funds, pay fees to the GP's, and then make money when the funds' assets grow. I believe the article is saying that ultra high net worth individuals participate in the real estate market by hiring someone to act as a general partner and manage the real estate assets.  They and their friends contribute the cash and get shares in the resulting fund. Usually this GP/LP structure is used when the funds purchase or invest in private companies, which is why it is referred to as \"\"private equity structure,\"\" but the same structure can be used to purchase and manage pools of real estate or any other investment asset.\""}
{"_id": "172703", "title": "", "text": "No, some of Vanguard's funds are index funds like their Total Stock Market Index and 500 Index. In contrast, there are funds like Vanguard PRIMECAP and Vanguard Wellington that are actively managed. There are index funds in both open-end and exchange-traded formats. VTI is the ticker for Vanguard's Total Stock Market ETF while VTSMX is an open-end mutual fund format. VOO would be the S & P 500 ETF ticker while VFINX is one of the open-end mutual fund tickers, where VIIIX has a really low expense ratio but a pretty stiff minimum to my mind. As a general note, open-end mutual funds will generally have a 5 letter ticker ending in X while an ETF will generally be shorter at 3 or 4 letters in length."}
{"_id": "172718", "title": "", "text": "\"One of those companies *actively conspired* against the US government (*and others* - don't forget that Brussels *also* fined VW), to defeat testing procedures intended to help keep the air breathable *for us all* (even Europeans).  The other is (possibly) \"\"guilty\"\" of marketing a bit more aggressively than is in good taste.  I *hope* you could confidently tell me \"\"who's the worst offender\"\"...\""}
{"_id": "172722", "title": "", "text": "If you are going to live in the house for awhile, you can probably use a regular mortgage. Shop around and look for a mortgage program that works. Look at local banks/credit unions, particularly those with community development programs.  Usually an investment mortgage is higher rate, higher payment and has higher underwriting standards."}
{"_id": "172736", "title": "", "text": "There are a few factors I like to consider when I'm reasoning financially over my households cars. How many KMs will the car travel each year because I like to factor in how often tires will need to be changed, how much tires for my models cost as well as how gas efficient they are. Knowing how much the car is driven and in what environmental/road conditions is also important factors to know because that will help guestimate possible repairs cost. Also possible taxes should be taken in to consideration. For example a few years ago I had a diesel Citroen C5 that had yearly taxes of roughly 500$. The replacement costs only 150$ a year in taxes. So switching cars 3 years early would have saved me 1050$ in taxes. So some information on possible taxes, how far you drive each year, what environmental conditions, type of driving (daily long rides or just short etc..) as well as the fuel efficiency of both cars would help to better calculate your costs for say three scenarios. Car change in 12, 24 and 32 months respectively."}
{"_id": "172745", "title": "", "text": "\"Re the business license - in California business licenses are given by the municipal/county governments, so you'll have to check that with your city hall or county office. Re taxes - yes, you'll have to pay taxes, as with any income. Services are considered \"\"imputed income\"\", and generally you'd recognize income to the extent they would be paying had they been paying the full price (or the actual cost of services provided, if more). Since this is a hobby and not a for-profit enterprise, your deductions may be limited by the actual income and the 2% AGI threshold. See more here.\""}
{"_id": "172752", "title": "", "text": "This sounds very like disguised employment. You act like an employee of the company, but your official relationship with them is as a contractor. You gain none of the protection you get from being an employee, and this may make you cheaper, less risky and more desirable for the company who is hiring you.  Depending on your country you may also pay corporation tax rather than income tax, which may represent a very significant saving. Also, the company hiring you may not have to pay PAYE, national insurance, stakeholder pension, etc. This arrangement is normal and legal providing you genuinely are acting as a subcontractor. However if you are behaving as an employee (desk at the company, company email, have to work specific hours in a specific location, no ability to subcontract, etc.) you may be classified as a disguised employee. In the UK it used to be common practice for highly paid employees to set up shell companies to avoid tax. This will now get you into hot water. Google IR35 It sounds like your relationship in this case is directly with the recruiter. You will have to consider if the recruiter is acting as your employer, or if you remain a genuinely independent agent. The duration of your contract with the recruiter will have a bearing on this. In the UK there are a whole series of tests for disguised employment. This is a good arrangement provided you go in with your eyes open and an awareness of the legislation.  However you should absolutely check the rules that apply in your country before entering into this agreement. You could potentially be stung very badly indeed."}
{"_id": "172757", "title": "", "text": "&gt; Um, he's sick. My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl who saw Ferris pass out at 31 Flavors last night. I guess it's pretty serious."}
{"_id": "172758", "title": "", "text": "Why aren't we protesting single payer schooling.   We are all charged taxes that go into single entities that then pay for public schooling for all.       In most countries, healthcare is no different to education.  Public option that delivers a level of service, then the ability to pay for private alternatives on top."}
{"_id": "172761", "title": "", "text": "\"Banks make money on load origination fees. The \"\"points\"\" you pay or closing costs are the primary benefit to the banks. A vast majority of the time risks associated with the mortgage are sold to another party. FYI, the same is true with investment banks. In general, the transaction costs (which are ignored by modern finance theory) are the main thing running the incentives for the industry.\""}
{"_id": "172764", "title": "", "text": "&gt; As marketplace businesses most likely will have to increase prices to compensate for return losses, there will be less competitive price pressure on Amazon. It can only serve to incrementally increase prices across the board.  Which encourages better products, as better products have lower return losses, and you make more profit. Which clearly benefits the consumer."}
{"_id": "172778", "title": "", "text": "The amount of money you have should be enough for you to live a safe but somewhat restricted life if you never worked again - but it could set you up for just about any sort of financial goal (short of island buying) if you do just about any amount of work. The basic math for some financial rules of thumb to keep in mind: If your money is invested in very low-risk ways, such as a money market fund, you might earn, say, 3% in interest every year. That's $36k. But, if you withdraw that $36k every year, then every year you have the same principal amount invested. And a dollar tomorrow can't buy as much as a dollar today, because of inflation. If we assume for simplicity that inflation is 1% every year, then you need to contribute an additional $12k to your principal balance every year, just so that it has the same buying power next year. This leaves you with a net $24k of interest income that you can freely spend every year, for the rest of your life, without ever touching your principal balance. If your money is invested more broadly, including equity investments [stocks], you might earn, say, 7% every year. Some years you might lose money on your investments, and would need to draw down your principal balance to pay your bills. Some years you might do quite well - but would need to remain conservative and not withdraw your 'excess' earnings every year, because you will need that 'excess' to make up for the bad years. This would leave you with about $74k of income every year before inflation, and about $62k after inflation. But, you would be taking on more risk by doing this. If you work enough to pay your daily bills, and leave your investments alone to earn 7% on average annually, then in just 10 years your money would have doubled to ~ $2.4 Million dollars. This assumes that you never save another penny, and spend everything you make. It's a level of financial security that means you could retire at a drop of the hat. And if don't start working for 20 years [which you might need to do if you spend in excess of your means and your money dries up], then the same will not be true - starting work at 45 with no savings would put you at a much greater disadvantage for financial security. Every year that you work enough to pay your bills before 'retirement' could increase your nest egg by 7% [though again, there is risk here], but only if you do it now, while you have a nest egg to invest. Now in terms of what you should do with that money, you need to ask yourself: what are your financial goals? You should think about this long and hard (and renew that discussion with yourself periodically, as your goals will change over time). You say university isn't an option - but what other ways might you want to 'invest in yourself'? Would you want to go on 'sabbatical'-type learning trips? Take a trade or learn a skill? Start a business? Do you want to live in the same place for 30 years [and thus maybe you should lock-down your housing costs by buying a house] or do you want to travel around the world, never staying in the same place twice [in which case you will need to figure out how to live cheaply and flexibly, without signing unnecessary leases]. If you want to live in the middle of nowhere eating ramen noodles and watching tv, you could do that without lifting a finger ever again. But every other financial goal you might have should be factored into your budget and work plan. And because you do have such a large degree of financial security, you have a lot of options that could be very appealing - every low paying but desirable/hard-to-get job is open to you. You can pursue your interests, even if they barely pay minimum wage, and doing so may help you ease into your new life easier than simply retiring at such a young age [when most of your peers will be heavy into their careers]. So, that is my strongest piece of advice - work now, while you're young and have motivation, so that you can dial back later. This will be much easier than the other way around. As for where you should invest your money in, look on this site for investing questions, and ultimately with that amount of money - I suggest you hire a paid advisor, who works based on an hourly consultation fee, rather than a % management fee. They can give you much more directed advice than the internet (though you should learn it yourself as well, because that will give you the best piece of mind that you aren't being taken advantage of)."}
{"_id": "172783", "title": "", "text": "Lending of securities is done by institutional investors and mutual funds. The costs of dealing with thousands of individual investors, small share blocks and the various screw-ups and drama associated with each individual are too high. Like many exotic financial transactions, if you have to ask about it, you're probably not qualified to do it."}
{"_id": "172814", "title": "", "text": "\"I'm really surprised more people didn't recommend UGA or USO specifically.  These have been mentioned in the past on a myriad of sites as ways to hedge against rising prices.  I'm sure they would work quite well as an investment opportunity.  They are ETF's that invest in nearby futures and constantly roll the position to the next delivery date.  This creates a higher than usual expense ratio, I believe, but it could still be a good investment.  However, be forewarned that they make you a \"\"partner\"\" by buying the stock so it can mildly complicate your tax return.\""}
{"_id": "172832", "title": "", "text": "I wonder if it would be possible to become a demo house in a new market for this roof at a discounted rate, provided a person were to place a sign out front as is done with companies like ADT and the like."}
{"_id": "172833", "title": "", "text": "But mate, you're wrong. Work means nothing. These values are set based on how much one person is willing to sacrifice something for something else. Demand and desire. What if I stole those apples? I did less work than the farmer. But the guy who wants apples is still offering me ONE pelt."}
{"_id": "172837", "title": "", "text": "Did you receive a summons, or other notice of proceedings, from the court which granted the judgement? If you were not served with the proceedings, contact the court. It is unlawful to enforce a judgement against someone who was not a party to the original lawsuit."}
{"_id": "172838", "title": "", "text": "\"I think you have a few choices that cannot be described by math alone: Repair current phone:  149 Replace current phone with new model from carrier:  100 + cost of new phone Replace current phone with new model on payment plan from carrier:  100 + cost of new phone + finance charge (could be zero or cleverly hidden). You can also replace the current phone with either a used or new bought from a separate party.  Quite recently I was selling some gently used IPhones 4S for around $140.   So really you have to determine what is most important to you guys.  Is it important to have the newest model phone with laying out the least amount of cash now?  Then by all means go with the payment plan with your current carrier. Is it most important to be financially efficient, while having a good working phone?  Then pay the deductible; or buy something gently used.   In my opinion, having a phone payment is a losing game, akin to buying a new car every three years or so.  You are buying something on time that quickly depreciates and hiding the true cost of the item in \"\"painless\"\" monthly payments.\""}
{"_id": "172840", "title": "", "text": "In general you cannot. Once the security is no longer listed on the exchange - it doesn't have to provide information to the exchange and regulators (unless it wants to be re-listed). That's one of the reasons companies go private - to keep their (financial and other) information private. If it was listed in 1999, and is no longer listed now - you can dig through SEC archives for the information. You can try and reach out to the company's investors' relations contact and see if they can help you with the specific information you're looking for."}
{"_id": "172855", "title": "", "text": "No, they cannot refuse to provide you with the current balance or a balance history. The other answers point you to resources that are available to help you put pressure on the dealership. The bottom line is that you now know that you have the right to the details and to audit their recording of the transactions. You should now use that information and demand a better response in writing. If they have to give you a response in writing, they can't deny the answer they gave in a court of law later on. They understand this, and they will take you more seriously if you send a letter. Make sure to keep copies of the letter and send it with certified delivery."}
{"_id": "172864", "title": "", "text": "For Cook, it was finding Apple, a company that stood for something bigger than selling electronics and make money. Apple\u2019s vision, back then, was to serve humanity. It means to look at humankind and see how it can be helped to move forward.  Why not? Sure we can criticize them for the workers conditions in China, Congo but things seem to have improved there and he has been a very vocal supporter of environment and gay rights. Also, you can search Apple and Accessibility. They did a lot ot good things for disable people. It's not black and white."}
{"_id": "172868", "title": "", "text": "\"**American School (economics)**  See also American System (economic plan).  The American School, also known as the \"\"National System\"\", represents three different yet related constructs in politics, policy and philosophy. It was the American policy from the 1860s to the 1970s, waxing and waning in actual degrees and details of implementation. Historian Michael Lind describes it as a coherent applied economic philosophy with logical and conceptual relationships with other economic ideas.  ***  **American System (economic plan)**  The American System was an economic plan that played a prominent role in American policy during the first half of the 19th century. Rooted in the \"\"American School\"\" ideas of Alexander Hamilton, the plan \"\"consisted of three mutually reinforcing parts: a tariff to protect and promote American industry; a national bank to foster care; and federal subsidies for roads, canals, and other 'internal improvements' to develop profitable markets for farmculture\"\". Congressman Henry Clay was the plan's foremost proponent and the first to refer to it as the \"\"American System\"\".  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "172872", "title": "", "text": "This person must pay taxes in both the overseas country and in the U.S. This is unusual; generally, only the U.S. demands this. Depending on the specific country, he would likely not be taxed twice as the U.S. generally recognises tax paid in a different country. Note there are some gotchas, though. For example, although Canada has a generally higher tax scheme than the U.S., you may still end up owing tax if you use the Tax-Free Savings Account system in Canada, as that is not recognised in the U.S. As to whether or not this person should form a company, that is far too broad a question. It's going to depend in large part on the tax situations of the countries involved. This person needs to consult an accountant specialising in this situation. That is, on personal versus business tax and on tax involving U.S. citizens. Yes, this person can and indeed must file and pay taxes in the U.S., from outside the U.S."}
{"_id": "172898", "title": "", "text": "Its due to pricing.  The bottom fell out on gun prices, they're currently cheaper than they've ever been.... its a buyers market, and everyone is in a buying frenzy as a result (myself included).  If you want to own guns, *you would be stupid not to buy* now while the prices are crashed."}
{"_id": "172900", "title": "", "text": "MyDeals247 is the world\u2019s first personalized eCommerce platform - post your request (on what you want) - it creates healthy competition among the local sellers and brings the top 5 lowest offers for the buyer request real-time - you can buy or sell any items in your local area - totally customised to your own personal needs."}
{"_id": "172912", "title": "", "text": "I think the rise of low quality merchandise in things other than consumer electronics (where obsolescence is natural due to Moore's Law and the very fast rate of improvement), is due to socialist redistribution that has put $Trillions into the hands of people merely for being poor rather than producing for others. These people typically still shop based on price rather than quality, which creates increased demand (and therefore encourages higher production) of lower quality items, such as plastic versions of things that are actually cheaper if made as metal (lower long-term cost of use)."}
{"_id": "172913", "title": "", "text": "What is the best form of investment? It only depends on your goals... The perfect amount of money depends also on your particular situation. The first thing you should start getting familiar with is the notion of portfolio and diversification. Managing risk is also fundamental especially with the current market funkiness... Start looking at index based ETFs -Exchange Traded Funds- and Balanced Mutual Funds to begin with. Many discounted online brokerage companies in the USA offer good training and knowledge centers. Some of them will also let you practice with a demo account that let you invest virtual money to make you feel comfortable with the interface and also with investing in general."}
{"_id": "172918", "title": "", "text": "True. Someone already thought about this business, and they constantly checking the astronomical calendar and make sure they supply, market and advertise the glasses just before the next solar eclipse, wherever and whenever it happens next.  So I checked it for you, and you are wrong: the next full solar eclipse will be July 2nd, 2019, in South America.  As for me, I live in the USA, originally from Israel, but with German accent as my parents are German."}
{"_id": "172919", "title": "", "text": "As an ordinary shareholder, yes you are protected from recourse by the debtors. The maximum amount you can lose is the amount you spent on the shares. The rules might change if you are an officer of the company and fraud is alleged, but ordinary stockholders are quite well protected. Why are you worried about this?"}
{"_id": "172946", "title": "", "text": "If you buy a gold brick and put it in a pillow, after one year you still have one gold brick. People may value it more than before or less then before, but it's still the one gold brick you had. If you buy a cow and put it on a pasture, after one year you have a fatter cow and plenty of milk. You now have more of the cow and milk you didn't have before. Now that's an investment."}
{"_id": "172950", "title": "", "text": "I know IT makes more than that, my point is that if higher skill jobs like IT are being outsourced for the sake of saving money, you can bet your ass that the lowly unskilled labor positions will be the first to go.  as far as the human replacement by machine, I never said it's not going to eventually happen regardless. But a doubling of the minimum wage will make that eventuality become instant."}
{"_id": "172954", "title": "", "text": "I am still waiting for the investor lawsuit against Lampert for breaching his fiduicary duty by prioritizing his hedge fund over Sears. He is looting Sears piecemeal and assigning the assets to the hedge fund. How is this anything but a breach of his legal duty? I would not be surprised if this is approaching illegal levels of looting, and not just civil damages."}
{"_id": "172984", "title": "", "text": "Yes. It was a very trying time. The company management and board were basically incompetent, and they fired the CEO, who was a great guy.  The company went from being worth essentially nothing, to a billion dollars in less than 5 years. And it got that successful despite the management and directors rather than because of them.  The amazing staff held the company together, and made it successful, while the board concentrated on in-fighting, and management concentrated on lining its pockets with stock options."}
{"_id": "172990", "title": "", "text": "\"The article states that Boise is trying to build a tech ecosystem and is making it harder to leave to keep that human capital at the firms they're currently with.  The logic behind this: smarter people will produce higher revenues for companies thus higher revenues for the state. Firms are lobbying for this.   They're essentially keeping people at their jobs, to help the firms keep a competitive industry, while ignoring the other impacts it may have such as lower wages because workers can't leave.   Trickle down economics can refer to other benefits besides gains and breaks. The human capital not being able to leave is the benefit, and firms are attempting to justify it for the betterment of Boise's future \"\"tech eco system\"\" aka passing it off as benefit to be enjoyed by many later on.   Alex Labeau, president of Idaho Association of Commerce and Industry trade, a group that represents many of the states biggest employers countered: \"\"This is about companies protecting their assets in a competitive market place\"\"  How is it not trickle down economics when firms are receiving a benefit (that negatively impacts citizens) under the guise that it will keep Idaho's tech hub relevant, thus economically benefitting everyone?\""}
{"_id": "172997", "title": "", "text": "I am in the United States. There is no need to keep the statements in any form forever. Once the bank gives you a 1099 stating how much interest you have earned, you don't need to keep them. If you only have them in electronic form, that is good enough for the IRS. When you do need to show a bank statement, such as when applying for a loan, the loan company will be keeping a copy. It doesn't matter if it was a scan from the original, from a printed PDF, or if you printed it from your archives. In the US they used send the original check back to the person who wrote it, so they could keep it for their records. Then many banks went to carbons, but if you paid extra they would send you the original. Now the bank that cashes the check scans the check and destroys the original. If you want a copy for your records it only exists as a scanned image."}
{"_id": "173012", "title": "", "text": "As a resident of Wisconsin, I can definitively say that the whole reason why we are in this position is because of governor Scott walker and his anti-federalist ideology. Wisconsin has passed several bills, strongly advocated by the governor, effecting in inhibiting worker unionization and collective bargaining. And it is this lacking of both that catalyzed the middle-class decline from the start."}
{"_id": "173013", "title": "", "text": "I just passed my 7 with a 90%. I used Training Consultant as main source and supplemented with  Kaplan Qbank. Personally, i think the Qbank is outstanding, it pretty much covered everything that you will see on the test. I would recommend to fully utilize the Qbank and try to get your average score to around 80%. The kaplan material is slightly harder than the actual test, so you can expect your real score to be around 5-7% higher than what you get doing Kaplan exams. Good luck!"}
{"_id": "173026", "title": "", "text": "PEG is Price/Earnings to Growth.  It is calculated as Price/Earnings/Annual EPS Growth.  It represents how good a stock is to buy, factoring in growth of earnings, which P/E does not.  Obviously when PEG is lower, a stock is more undervalued, which means that it is a better buy, and more likely to go up. Additional References:"}
{"_id": "173038", "title": "", "text": "\"Joe does is \"\"cost\"\" the state money with tax incentives? Providing incentives to encourage job goeth by allowing businesses to keep more of their money doesn't cost the government anything because it's not this government money in the first place. Secondly, would you prefer no business growth so those aren't any job or any new tax revenue?\""}
{"_id": "173052", "title": "", "text": "\"Probably the best way to investigate this is to look at an example. First, as the commenters above have already said, the log-return from one period is log(price at time t/price at time t-1) which is approximately equal to the percentage change in the price from time t-1 to time t, provided that this percentage change is not big compared to the size of the price. (Note that you have to use the natural log, ie. log to the base e -- ln button on a calculator -- here.) The main use of the log-return is that is a proxy for the percentage change in the price, which turns out to be mathematically convenient, for various reasons which have mostly already been mentioned in the comments. But you already know this; your actual question is about the average log-return over a period of time. What does this indicate about the stock? The answer is: if the stock price is not changing very much, then the average log-return is about equal to the average percentage change in the price, and is very easy and quick to calculate. But if the stock price is very volatile, then the average log-return can be wildly different to the average percentage change in the price. Here is an example: the closing prices for Pitchfork Oil from last week's trading are: 10, 5, 12, 5, 10, 2, 15. The percentage changes are: -0.5, 1.4, -0.58, 1, -0.8, 6.5 (where -0.5 means -50%, etc.) The average percentage change is 1.17, or 117%. On the other hand, the log-returns for the same period are -0.69, 0.88, -0.88, 0.69, -1.6, 2, and the average log-return is about 0.068. If we used this as a proxy for the average percentage change in the price over the whole seven days, we would get 6.8% instead of 117%, which is wildly wrong. The reason why it is wrong is because the price fluctuated so much. On the other hand, the closing prices for United Marshmallow over the same period are 10, 11, 12, 11, 12, 13, 15. The average percentage change from day to day is 0.073, and the average log-return is 0.068, so in this case the log-return is very close to the percentage change. And it has the advantage of being computable from just the first and last prices, because the properties of logarithms imply that it simplifies to (log(15)-log(10))/6. Notice that this is exactly the same as for Pitchfork Oil. So one reason why you might be interested in the average log-return is that it gives a very quick way to estimate the average return, if the stock price is not changing very much. Another, more subtle reason, is that it actually behaves better than the percentage return. When the price of Pitchfork jumps from 5 to 12 and then crashes back to 5 again, the percentage changes are +140% and -58%, for an average of +82%. That sounds good, but if you had bought it at 5, and then sold it at 5, you would actually have made 0% on your money. The log-returns for the same period do not have this disturbing property, because they do add up to 0%.  What's the real difference in this example? Well, if you had bought $1 worth of Pitchfork on Tuesday, when it was 5, and sold it on Wednesday, when it was 12, you would have made a profit of $1.40. If you had then bought another $1 on Wednesday and sold it on Thursday, you would have made a loss of $0.58. Overall, your profit would have been $0.82. This is what the average percentage return is calculating. On the other hand, if you had been a long-term investor who had bought on Tuesday and hung on until Thursday, then quoting an \"\"average return\"\" of 82% is highly misleading, because it in no way corresponds to the return of 0% which you actually got!  The moral is that it may be better to look at the log-returns if you are a buy-and-hold type of investor, because log-returns cancel out when prices fluctuate, whereas percentage changes in price do not. But the flip-side of this is that your average log-return over a period of time does not give you much information about what the prices have been doing, since it is just (log(final price) - log(initial price))/number of periods. Since it is so easy to calculate from the initial and final prices themselves, you commonly won't see it in the financial pages, as far as I know.  Finally, to answer your question: \"\"Does knowing this single piece of information indicate something about the stock?\"\", I would say: not really. From the point of view of this one indicator, Pitchfork Oil and United Marshmallow look like identical investments, when they are clearly not. Knowing the average log-return is exactly the same as knowing the ratio between the final and initial prices.\""}
{"_id": "173076", "title": "", "text": "Aside from cost, the real problem is lack of jobs after obtaining a degree. My degree got me low paid work. In the mid 1990's I considered getting another degree but none of the colleges I spoke to could tell me how many of their graduates got jobs related to their degree or what the jobs paid. I already had one worthless degree and couldn't see going into debt for another worthless degree."}
{"_id": "173082", "title": "", "text": "\"From the Op's comment below re: the \"\"audit\"\"  http://www.gao.gov/new.items/d11696.pdf, the first paragraph states that loans outstanding peaked at just over 1 trillion in 2008.  So you'd look at the Fed's balance sheet of loans outstanding over time, and perhaps subtract amounts reported as more normal operations.\""}
{"_id": "173084", "title": "", "text": "\"There seems to be a common sentiment that no investor can consistently beat the market on returns. What evidence exists for or against this? First off, even if the markets were entirely random there would be individual investors that would consistently beat the market throughout their lifetime entirely by luck.  There are just so many people this is a statistical certainty.  So let's talk about evidence of beating the market due to persistent skill. I should hedge by saying there isn't a lot of good data here as most understandably most individual investors don't give out their investment information but there are some ok datasets.  There is weak evidence, for instance, that the best individual investors keep outperforming and interestingly that the trading of individual investors can predict future market movements.  Though the evidence is more clear that individual investors make a lot of mistakes and that these winning portfolios are not from commonly available strategies and involve portfolios that are much riskier than most  would recommend. Is there really no investment strategy that would make it likely for this investor to consistently outperform her benchmark? There are so, many, papers (many reasonable even) out there about how to outperform benchmarks (especially risk-adjusted basis).  Not too mention some advisers with great track records and a sea of questionable websites.  You can even copy most of what Buffet does if you want. Remember though that the average investor by definition makes the average \"\"market\"\" return and then pays fees on top of that.  If there is a strategy out there that is obviously better than the market and a bunch of people start doing it, it quickly becomes expensive to do and becomes part the market.  If there was a proven, easy to implement way to beat the market everyone would do it and it would be the market. So why is it that on this site or elsewhere, whenever an active trading strategy is discussed that potentially beats the market, there is always a claim that it probably won't work? To start with there are a large number of clearly bad ideas posed here and elsewhere.  Sometimes though the ideas might be good and may even have a good chance to beat the market.  Like so many of the portfolios that beat the market though and they add a lot of uncertainty and in particular, for this personal finance site, risk that the person will not be able to live comfortably in retirement. There is so much uncertainty in the market and that is why there will always be people that consistently outperform the market but at the same time why there will be few, if any, strategies that will outperform consistently with any certainty.\""}
{"_id": "173088", "title": "", "text": "\"What is a stock? A share of stock represents ownership of a portion of a corporation. In olden times, you would get a physical stock certificate (looking something like this) with your name and the number of shares on it. That certificate was the document demonstrating your ownership. Today, physical stock certificates are quite uncommon (to the point that a number of companies don't issue them anymore). While a one-share certificate can be a neat memento, certificates are a pain for investors, as they have to be stored safely and you'd have to go through a whole annoying process to redeem them when you wanted to sell your investment.  Now, you'll usually hold stock through a brokerage account, and your holdings will just be records in a database somewhere. You'll pick a broker (more on that in the next question), instruct them to buy something, and they'll keep track of it in your account.  Where do I get a stock? You'll generally choose a broker and open an account. You can read reviews to compare different brokerages in your country, as they'll have different fees and pricing. You can also make sure the brokerage firm you choose is in good standing with the financial regulators in your country, though one from a major national bank won't be unsafe.  You will be required to provide personal information, as you are opening a financial account. The information should be similar to that required to open a bank account. You'll also need to get your money in and out of the account, so you'll likely set up a bank transfer. It may be possible to request a paper stock certificate, but don't be surprised if you're told this is unavailable. If you do get a paper certificate, you'll have to deal with considerably more hassle and delay if you want to sell later.  Brokers charge a commission, which is a fee per trade. Let's say the commission is $10/trade. If you buy 5 shares of Google at $739/share, you'd pay $739 * 5 + $10 = $3705 and wind up with $3695 worth of stock in your account. You'd pay the same commission when you sell the stock.  Can anyone buy/own/use a stock? Pretty much. A brokerage is going to require that you be a legal adult to maintain an account with them. There are generally ways in which a parent can open an account on behalf of an underage child though. There can be different types of restrictions when it comes to investing in companies that are not publicly held, but that's not something you need to worry about. Stocks available on the public stock market are available to, well, the public. How are stocks taxed? Taxes differ from country to country, but as a general rule, you do have to provide the tax authorities with sufficient information to determine what you owe. This means figuring out how much you purchased the stock for and comparing that with how much you sold it for to determine your gain or loss. In the US (and I suspect in many other countries), your brokerage will produce an annual report with at least some of this information and send it to the tax authorities and you. You or someone you hire to do your taxes will use that report to compute the amount of tax owed. Your brokerage will generally keep track of your \"\"cost basis\"\" (how much you bought it for) for you, though it's a good idea to keep records. If you refuse to tell the government your cost basis, they can always assume it's $0, and then you'll pay more tax than you owe.  Finding the cost basis for old investments can be difficult many years later if the records are lost. If you can determine when the stock was purchased, even approximately, it's possible to look back at historical price data to determine the cost.  If your stock pays a dividend (a certain amount of money per-share that a company may pay out of its profits to its investors), you'll generally need to pay tax on that income. In the US, the tax rate on dividends may be the same or less than the tax rate on normal wage income depending on how long you've held the investment and other rules.\""}
{"_id": "173132", "title": "", "text": "\"My opinion: including the value of depreciating property one owns in a net worth calculation is silly - but could be interesting You don't expect your TV or laptop to gain value.  Instead, you expect them to decrease in value every year until you replace them.  Anything you expect to hold or increase in value (art, a house, etc) is a different story. If you'd like to really get anal about this, you can track your net worth like a business would track its balance sheet.  I'm not going to go into detail, but the general idea is that when you purchase an item, you debit the cost from \"\"cash\"\" and add the value paid to \"\"assets\"\" (so your net worth doesn't change when you make a purchase).   You then depreciate the value of the item under \"\"assets\"\" according to a depreciation schedule.  If you plan on replacing your laptop every three years, you might subtract 33% of the value every year.   This could be an interesting exercise (i.e. even if you make money, your net worth may decrease because of all the depreciating junk you own), but my hunch is that it wouldn't be worth the effort it requires.\""}
{"_id": "173133", "title": "", "text": "Tax questions require that you specify a jurisdiction.  Assuming that this is the US, you owe Federal income tax (at the special long-term capital gains tax rate) on the net long-term capital gains (total long-term capital gains minus total long-term capital losses) and so, yes, if these two were your only transactions involving long-term holdings, you would pay long-term capital gains tax on $3000-$50 = $2950.  Many States in the US don't tax long-term capital gains at special rates the way the Federal Government does, but you still pay taxes on the net long-term capital gains. I suspect that other countries have similar rules."}
{"_id": "173146", "title": "", "text": "\"Well there are a few comments that need to be made here I suppose. Though at work now so this will be short.   First there is the difference between banking, which indeed mostly looks at capital adequacy ratios and uses VaR as one of the methods to get to the risk-weighted assets. Then there is the buy side which is more interested in \"\"how much would I stand to lose in portfolio X if markets head south, and how does that relate to what a have promised my client?\"\" In the first situation it is the bank itself taking on the risk, in the second the risk lies entirely with the client. An asset manager could lose 100% on your regular old equity mandate and it wouldn't hit him except for loss in fees, whereas a significant trading loss for a bank can put it out of business..   My personal view is that all of these metrics are merely useful instruments and for a large part they all tell me the same thing. A higher duration on a fixed income mandate will give a higher VaR, a higher shortfall, more negative results on rates stress scenarios etcetera. They only really become useful when imposing limits on them, or using them to steer based on whatever the prevailing risk appetite is at a certain point in time. Or when looking at trends, or relative risk of portfolio A vs B  Don't get me wrong, I too can debate for hours about VaR parameters. Confidence intervals, look back periods, return frequency, decay factors, parametric or historical / monte carlo simulation, etcetera. But I think in practise that is really of limited use. If you take any ex ante risk measure and you thoroughly understand it, make an informed choice about risk appetite and steer on it, you basically have done your job as a risk manager.  Sorry I know I am not answering your questions in a structured way but am on my phone so it's hard to keep overview. PM me if you want to discuss things in detail.\""}
{"_id": "173158", "title": "", "text": "&gt; Compares costs of construction of only solar array excluding batteries, continued maintenance, etc.   &gt; Compares above fake costs to base load costs using peak production rates.  If solar was that cheap it would be prevalent across the world already. Shit I'd be down at Walmart getting in fist fights over the last solar panel to cover the top of my house in solar tomorrow if I could get energy for &lt;$0.13 kWh I pay."}
{"_id": "173160", "title": "", "text": "Oh, I agree that it is very likely to increase how often people go to the movies. I just don't know that, at the $10/month price, it's likely to be profitable for MoviePass....   I think the big difference between my evaluation and MP's of the strategy is that MP thinks it will eventually have enough leverage to get a share of concessions from theaters.   Based on the economics of the situation and the fact that theaters ultimately have more leverage, as well as in-person access to theatergoers and MP customers -- plus the theaters history of specifically not doing what MP hopes they will do -- I think that's a hell of gamble.   **Edit:**   Movie theaters aren't losing at all at this point because MP pays most of them full retail value for every ticket - they'll do very well. I just don't think they're going to ever, essentially, give MP a cut out of the goodness of their hearts."}
{"_id": "173163", "title": "", "text": "Get a credit card is NOT the answer. The reason people have a bad (or no) credit score is often because they're new to the country, have just turned 18, have previously fallen into arrears or are just bad with money. Getting a credit card is risky because, if you don't stay on top of your payments, it'll just damage your score even more.  Now, it sounds like I hate credit cards - but I don't, and they do have their benefits. But avoid them if possible because they can be more hassle than they're worth (ie, paying the credit back on-time, cancelling accounts when the interest comes in, moving money in and out of accounts). It's risky borrowing money from anywhere whether it's a payday lender, a bank, a credit card, etc., so use them as a last resort. If you've got your own income then that's amazing!, try not to live outside of your means and your credit score will look after (and increase) itself. It takes time to build a good credit score, but always make sure you pay the people you owe on time and the full amount. I'd stick with paying your phone provider (and any other direct debits you have setup) and avoid getting a credit card. I'd recommend Noddle to keep track of your credit score and read their FAQ on how to help build it. Unlike Experian, it's free forever so not quite as detailed... but Noddle are owned by CallCredit - one of the biggest Credit Reference Agencies in the UK so they should have the latest information on yourself. In conclusion, if you already have financial commitments like a mobile phone bill, gym membership, store cards, anything that gets paid monthly by direct debit... your credit score will increase (provided you pay the full-amount on time).   I hope this helps. PS. I don't work for any of the companies here, but I've been working in the finance sector (more specifically, short-term loans) for 3+ years now."}
{"_id": "173171", "title": "", "text": "\"Sometimes it's like a fairy tale, and saying with the \"\"virgin\"\" and the \"\"child\"\" becomes reality. From our history in the Lower Rhine Helidays has in September 2015.  The lot after the drag race fell on our authors, R\u00fcdiger Hut, and received a coupon for the CORE 700 helicopter from Markus Fieh, product manager of the company CORE Helicopter. Here he describes his experiences in construction and flight. Markus Fiehn is not only responsible as a developer at CORE Helicopter, but also directs troops around the CORE promotion team. In RC-Heli-Action 8/2015 there is an interview with him, explaining and demonstrating many technical characteristics of the CORE Heli-System. CORE Helicopter is a newly founded subsidiary of Karcher AG. But first, sequentially.\""}
{"_id": "173178", "title": "", "text": "can someone recommend a book for everything finance for real estate?  what are some key distinctive features that crunching numbers for real estate have? im looking for stuff like cash flow, risk that comes with leverage.. stuff i have no idea about."}
{"_id": "173187", "title": "", "text": "In your situation I suggest: In terms of what to spend it on, one tax preparer I knew said he would ask his wealthy clients (ones with real net worth) what they spent their money on, and it was almost always travel.  We agree, memories from our trips are ones that last a lifetime.  I can't say much else you buy gives you the same long term payback in your personal life."}
{"_id": "173195", "title": "", "text": "https://thepointsguy.com/2017/01/how-government-officials-fly/  The main reason you see so many people in first class is because they earn miles for themselves (just like anyone else can earn miles) but they are not allowed to spend those miles on anything other than upgrades and other perks. The one thing that is absolutely not allowed is to spend those miles on personal travel.   Most of those government employees that you see in those seats are frequent last minute travelers due to the nature of their jobs. There will be certain routes handled primarily by certain airlines as they already bid for the business. The airlines miles on those routes for employees will be greatly discounted, but the airline miles associated with them are still calculated at the cost before the discount (most private companies with specific contracts with airline routes work the same).   Unions are free to make their own rules on these things. However I do know that many legitimate charities have policies similar to the government for how they can use airline miles.  So in short, it's because they can't use their airline miles for anything except upgrades. They can't even keep money received from being bumped from a flight.    Edit: In another response, it appears this article could be wrong about using your own miles for personal use (thanks (/u/workacct20910) for steering me to look more at it):   https://www.gsa.gov/policy-regulations/regulations/federal-management-regulation-fmr?asset=90778#wp1091613  It appears temp duty travel miles can be used for personal trips. Another poster pointed out people flying enough to get lots of miles will also be elite status, and thus get upgraded much more often even though their base fare is still coach."}
{"_id": "173196", "title": "", "text": "The debt doesn't have to and never should be paid off.  The fed could print $20T tomorrow and swap all outstanding US govt debt for cash and it would be net neutral in terms of financial assets outstanding.    The result would be a massive removal of income paying assets, and near total loss of control and influence over interest rates however."}
{"_id": "173212", "title": "", "text": "\"I would say to only bother keeping the ones you know you'll use for itemized deductions. This includes any unreimbursed business expenses and vehicle licensing fees. There are a lot of other itemized tax deductions possible, but those are two common ones. Also, keep track of your business mileage (mileage before and after the trip, and commuting doesn't count as \"\"business mileage\"\"). You may also want to keep receipts of all out-of-state purchases if your state is one of those that tries to collect state tax on out-of-state purchases. Ensure your supported charities are 501(c)(3), and they'll give you a receipt at the end of the year. Don't bother keeping fast food or gas receipts (unless they're business expenses).\""}
{"_id": "173213", "title": "", "text": "\"Looking at some large lotto games out there, it seems that the lump sum (cash) option comes in at anywhere from about 50 to 70 percent of the jackpot amount (sum of annual payouts, typically over 20 to 30 years). I'm a fan of the phrase \"\"money today is better than money tomorrow.\"\"  There's no telling how laws will change, taxes will change, if inflation will skyrocket, if you'll die early, if you or a family member will encounter a life-changing event, etc.  By taking the lump sum option you trade a percentage of the winnings for the risk of the future unknowns.  How much are those unknowns worth to you? The tax implications are something else to consider.  In your example of a \"\"small\"\" jackpot with $50,000 annual payouts, it's likely that you could still avoid the highest tax bracket each year, whereas taking the lump sum would be taxed at the highest rate (35% of the amount above $373k, for a single filer in 2010).  However, this might not make much of a difference for large jackpots with higher annual payouts. With the lump sum option, you also have a greater potential of investment returns (and losses) since you can put all the money to work for you right away.  It also allows you to purchase larger assets sooner, if that's something that interests you. In the end, I'd say the reduced risk and the higher return potential of the lump sum option is well worth the reduced payout.  I'd also suggest not playing the lottery :)\""}
{"_id": "173238", "title": "", "text": "\"&gt;\"\"\u201cAirbus is trying to do the smart thing, which is to bring production to places that are closer to customers,\u201d said Adam Pilarski, an economist at consultant Avitas in Chantilly, Virginia. \u201cAnother advantage is that Americans in general are lower paid, so you can get cheap labor in the U.S.\u201d  It always hurts to read that. Major reason why Boeing moved some production to South Carolina. While it's off topic, the death of unions in this country are really killing the middle class manufacturing jobs.\""}
{"_id": "173262", "title": "", "text": "\"You are comparing two things that are not comparable.  The \"\"market size\"\" would be the total annual revenue in one market, in this year.  The \"\"market caps\"\" of a company is the number of shares multiplied by the share price. This should be equal to the total profit that the company is going to make through its life time, taking into account that you would get interest on an investment, so future profits have to be counted less accordingly.  So if the \"\"market size\"\" is ten million dollars, and a company has four million revenue in that market with one million profit, and everyone thinks that company will continue making that profit for the next fifty years, then surely one million a year for the next 50 years is worth more than ten million.  That's if the market stands still. If the \"\"market size\"\" is ten million, and we expect that market size to double for the next three years, then the market size is still ten million, but a company having a 40% share of a market growing at that speed is going to be worth a lot more!\""}
{"_id": "173307", "title": "", "text": "\"&gt; excel  Ok, my point still stands. Are we going to make rules around excels? Its heavy \"\"abuse\"\" takes jobs away.   Let me make this clear, you are not entitle to be paid for something that someone else can do for fraction of cost.  If you think your time is worth more, then you should have no problem convincing employer of just that.\""}
{"_id": "173328", "title": "", "text": "Shares are tanking because:  1. Amazon is having SOME impact  2. The market for the last 10 years at least overreacts to fucking everything that happens.  3. A lot of retailers over-expanded. A large amount of the stores retailers are culling have been poor performers. Amazon is what pushed it all over the edge, but it will be fine. Brick and mortar isn't going anywhere in the long-term, a lot of people enjoy going out and shopping as well as the instant gratification of immediately getting what they paid for. There are also plenty of brick and mortar stores that give you customer service , and more importantly knowledge that Amazon can't dream of. They're just not shitty retail giants like Best Buy.   4. A lot of retailers in competitive segments, particularly things like fashion, failed to innovate fast enough. They will be replaced by other retailers that meet market desires better, which in turn may ultimately meet the same fate. The other prominent cycle in retail is the shift from malls to strip malls to outlet centers etc. It's just like fashion, to be honest.   5. I remain concerned about the future of Amazon's foundation - the review system. Gaming the review system is possible now and to be frank, I wouldn't be shocked if a leadership change at Amazon eventually compromises the integrity of the review system by getting in on it"}
{"_id": "173335", "title": "", "text": "I work in advertising now and my boss was talking about this, we have our clients requesting ad campaigns to attract new employees. He said it used to be a lot less common.  Also its hard to find good people."}
{"_id": "173338", "title": "", "text": "&gt; Sell a product of $4 w/ COGS of $10, corner the market by driving out competition   Uber has to drive out the entire automotive industry, buses, trains, bicycles, taxis, other rideshare services, and *legs* in order to drive out competition in the transportation industry.   &gt; for a majority in market share, raise the price  Uber started raising prices and their market share has been slipping ever since. Why? Because see the above, they can't drive out competition in this market. Lyft and others will always be there to compete directly on price, and then buses, private car ownership, bicycles, and walking are all there if the entire ridesharing industry raises their prices (which will never happen because 1) collusion, and 2) there's always market share incentive for someone to drop prices in a commodity market.   &gt; or squeeze supplier's margins by either lowering BOM or delaying terms from 30 to 360  and Uber can't do either of these. Their drivers are already paid the bare minimum necessary to keep them driving and user fares only cover 40% of that cost. Investors subsidize the other 60%. There's no room to drive their costs down.   &gt; then voila, big sustainable business.  Or rather, a ticking time bomb that's utterly unsustainable.   &gt; You must be delusional if you think Amazon did otherwise. They used the above strategy for both their retail and their AWS. Their Lab126 did the exact same thing.  Amazon isn't Uber. And that's not what Amazon did either. They lowered costs by investing their *positive* unit economics' margins into building one of the best logistics and supply chain infrastructures of any organization in the history of the world.   Uber loses money *on each ride*. You aren't grasping the implications of that. The business model cannot sustain itself because customers aren't willing to spend what it actually costs to deliver the service. You aren't listening to me.   &gt; You clearly showed you don't understand either growth equity or competition.  This is one of those cases of someone being so ignorant on a topic that they don't even know how ignorant they are."}
{"_id": "173346", "title": "", "text": "Check out research: equities, credit, fixed income, quant, ECM. Typically research analysts need the 7/63/86/87, strong financial modeling skills (VBA, other kinds of coding help here), and the necessary financial background to perform valuations. Like the other commenter suggested, starting on your Level One CFA is a good start."}
{"_id": "173348", "title": "", "text": "very simple.  RBI has stopped connecting Indian Bank's to Paypal, for deposit or withdrawal. You need to use a third party website (Online wallet etc) to send whatever money you have in the Paypal account.  Connect your Bank account with the third party website, and withdraw the money"}
{"_id": "173374", "title": "", "text": "Yes, that's the risk. If the stock is bouncing around a lot your options could get assigned.  If it heads south you now are the proud owner of more of a falling stock.  It's good that you're looking to understand the risks of an investment method.  That's important no matter what the method is."}
{"_id": "173384", "title": "", "text": "\"I found google policy regarding public domain content: Content comprised predominantly of public domain material is not   accepted due to its widespread duplication. Multiple versions of the   same book confuse our users and provide little distinguishing value.   We allow select partners to submit curated editions of public domain   books to ensure their availability, but we're not offering this   exemption to others at this time. They allow \"\"select partners\"\" to sell public domain books that most times are identical to the original version (usually sold for 1$).  Other book versions feature notes or a critical introduction and the price goes up to 10 $ .  Also, you cannot list books for free in google play. The minimum price is 1$ .\""}
{"_id": "173385", "title": "", "text": "The broker may be purchasing the CDs through a CDARS participant financial institution.  You can bypass your broker and go to a CDARS participant FI yourself.  CDARS is a network of financial institutions that spread your deposit across multiple FIs, guaranteeing your FDIC coverage.  The advantage is you have a single point of contact - your chosen financial institution.  You do not have to have any contact with the other FIs where your deposit may be spread. In fact, on your statements or online banking it will appear as if your large CD is all with your chosen FI.  The spreading will happen behind the scenes.  A local participating institution can help explain this program to you."}
{"_id": "173401", "title": "", "text": "\"The statistics are misleading. The German autoworkers do not \"\"make\"\" $67/hour, that is basically a $140k job! Back in 2009, some sensationalist articles said that the average UAW worker \"\"made\"\" $75/hr sitting in the jobs bank. That is taking the total labor cost and dividing it by the number of existing employees. The most obvious example of why this number is so lopsided is through health care benefits and pensions. You get the illusion that the auto worker gets paid very high when labor cost per employee is very high, but the labor cost actually includes the current worker's cost as well as some past worker's costs, so it gets double counted.  So yes, GM went bankrupt because labor costs were $75/hr. No, the UAW auto worker did not make $75 per hour. And yes, labor costs for the German workforce is a lot higher than the US workforce. But no, they don't actually get paid 2-3x more.\""}
{"_id": "173431", "title": "", "text": "Wow, hard to believe not a single answer mentioned investing in one of the best asset classes for tax purposes...real estate.  Now, I'm not advising you to rush out and buy an investment property.  But rather than just dumping your money into mutual funds...over which you have almost 0 control...buy some books on real estate investing.  There are plenty of areas to get into, rehabs, single family housing rentals, multifamily, apartments, mobile home parks...and even some of those can have their own specialties.  Learn now! And yes, you do have some control over real estate...you control where you buy, so you pick your local market...you can always force appreciation by rehabbing...if you rent, you approve your renters.  Compared to a mutual fund run by someone you'll never meet, buying stocks in companies you've likely never even heard of...you have far more control. No matter what area of investing you decide to go into, there is a learning curve...or you will pay a penalty.  Go slow, but move forward. Also, all the advice on using your employer's matching (if available) for 401k should be the easiest first step.  How do you turn down free money?  Besides, the bottom line on your paycheck may not change as much as you think it might...and when weighed against what you get in return...well worth the time to get it setup and active."}
{"_id": "173437", "title": "", "text": "\"Great explanation. I want to add 2 thing: 1) Credit rating agencies played there role in messing up the economy, by giving subprime (higher risk) mortgage backed securities AAA rating.  2) \"\"Other banks saw this happening and were forced to lower their requirements for issuing mortgages.\"\" Well not banks, but mortgage brokers lowered there requirement from issuing mortgages. They even started to issue NINA (no income verification, no assets verification) loans!\""}
{"_id": "173438", "title": "", "text": "You'd have to file to be incorporated (in Canada at least). It's mostly done for tax purposes. You can't just go and call yourself an corporation without filing legal papers (and be approved) with the tax agency of your country. In my experience, it'd be with the CRA. The rules at least here, there's a bunch of leeway that mostly any business can be classed as an corporation if you see fit. Hope it helps!"}
{"_id": "173444", "title": "", "text": "Businesses from food to retail, all assume the risk of spoilage, theft, or any form of lost assets. It's just business. With that said, I'm sure your mom didn't imagine too many ways she could've lost out when opening her nailshop. I'm unsure what the policy is that you're looking for, but my best advice to you would be to cut your losses and learn from this.  Hopefully you and your mother can be sure to check or figure out a system to ensure customers don't lie about their payments. Good luck"}
{"_id": "173467", "title": "", "text": "\"Well, okay, let's unpack that.  Lying 24/7 is a pretty strong claim, even if it's a hyperbole.  The problem is not false statements and \"\"fake news\"\", but that [MSM](https://www.youtube.com/watch?v=4pS4x8hXQ5c) makes politics a [drama](https://www.youtube.com/watch?v=6fKsBj2M-T8), not a topic of research and reason.  Also, what do you mean fake climate crisis? Do you think the warming is not real? Or do you think it's not dangerous?  What do you mean NSA/CIA influence elections?  WikiLeaks posted a lot of bullshit lately, is there something that you consider credible? Can you link to it?  &gt; State has the capability to hack and leave a \"\"Russian footprint.\"\"  Anyone can do it, but [attribution in cyberwar](https://medium.com/@thegrugq/evidence-guccifer-2-0-is-russian-intel-55f9f8b3f135) doesn't work like that. [APT28](https://medium.com/war-is-boring/google-knows-a-ton-about-russian-government-hackers-1c7f7efdebfd) (that did the DNC hack/leak) is attributed to GRU (Russian military intelligence), and the leaked NSA docs confirmed it. (You've [seen it](https://www.wired.com/story/russia-election-hacking-playbook/), I presume.)  &gt; Somebody is pulling all the strings for a world government  What makes you think this is the case?   &gt; Russia is moot.  Why?\""}
{"_id": "173471", "title": "", "text": "I wonder if it's detecting the same IP so that it won't set off any alarms.  Edit: I just realized that I had a Mac I could borrow. Same results for NYC. PC using IE9 and Mac using Safari (both have Flashblock on Mozilla and wanted to eliminate that from the equation)"}
{"_id": "173475", "title": "", "text": "Trading can be traced back to when people would with others, they would trade what they had for what they needed. Trading and business, in general, has metamorphosed to a point where you can now sell and buy items and services from anywhere long as you have a gadget with access to the internet. Online auction has gained popularity in the recent past and have become a major way of trading and conducting business."}
{"_id": "173479", "title": "", "text": "\"Yes, I'm a big picture guy.  Like when the central banks opened unlimited short term lines recently the first thing I thought was \"\"now hedge funds can short the euro with impunity!\"\"  So, short bets on the euro became a no brainer even as the market was perversely celebrating the announcement with a euro rally.  Almost as if they have no idea how the bigger picture works.  As if all liquidity is created equally.  All it meant to me was that European banks would not have to call in the lines of credit they extend to hedge funds for THREE YEARS.  That is enough time to crash the euro, hold a funeral and dance on the grave.  It is just musical chairs over there.  All the banks know the EU is coming for them an they all want to be in the right capital position to survive the banhammer.  They'll sell out the euro to get there.  I think I'm a bit too jaded for Graham style fundamental analysis.  Then again I do use strong companies as my preferred trading vehicles.  So, maybe I do a hybrid.\""}
{"_id": "173482", "title": "", "text": "Is there a limit on how much I can send? Can I send $100K plus? No. Yes. What is the most appropriate way to send money - international wire?   Is there international-wire limit restrictions I need to be aware of? Yes. No. Is there any tax obligation should I be aware of when sending money   home? If you're a US tax resident (which, as a US citizen, you are), you should be aware of gift tax rules. You'll probably want to talk to a licensed tax adviser (EA/CPA licensed in your state) and/or attorney, to understand the ramifications in full. If my family can return my money back in future, great, if not I   really don't care, but when (if) I get my money back, will I have to   pay taxes on bringing my own money back into US? No. But if you're giving it as a loan - you'll get paid interest which is taxable income to you. Is there anything else do I need to be aware of? The rules of the country which you're sending the money to."}
{"_id": "173517", "title": "", "text": "&gt; If the buyside was showing demand, what's wrong with HFT for reacting with supply?  In my example, HFT isn't actually adding supply/liquidity.  They're just grabbing it and flipping it.  &gt; The example you gave is akin to me going from car dealership to car dealership yelling loudly about what car I want and the price I'd like it at - would you be upset if someone heard you and decided to sell their car to you later down the line?   Not the same.  The equivalent would be me yelling about wanting to buy a Porsche 911, and you buying them all before I can finish my own purchase, then offering to resell them to me at a higher price.  &gt;In this case, the buy side trader is being stupid.   Maybe - certainly if all this could be eliminated by avoiding market orders.  This is a major critique many people have with Brad K. Instead of serially going from exchange to exchange, he could have sent orders to all exchanges at the same time (parallel!) and likely received much better prices.   He did do this at his time at RBC - sent orders to all exchanges at once.  The result would be apparently liquidity (asks at the market) disappearing and his orders getting filled at higher prices.  &gt;In my opinion, the HFT player here is simply facilitating price discovery by reacting to demand - as a market maker that's his job.  I think that's a misinterpretation of what these particular HFTs are doing.  &gt;Here's a good article. Let me know what you think.  Interesting.  It certainly goes against a lot of what Lewis wrote.  And I suppose that's the problem... very few of us are actually qualified to say what is actually true.  I know little about market structure and, as I said, have no involvement in high liquidity stocks.  The fund managers next door to me also trade pretty illiquid stuff that I strongly doubt any HFT ever touches, and they're value investors anyway, not arb HFs or something."}
{"_id": "173542", "title": "", "text": "\"First of all, it'd be nice if you had any actual command of the English language as that would go at least some way toward mitigating the unabashed arrogance and idiocy of your arguments.  As it stands however, do yourself a favor and leave eloquence alone; it's not your bag and attempting it just makes you look like a twerp.    &gt;When I analyze the actual information content of what you have had to offer in this exchange, I found nothing. Rather, I found \"\"you are stupid\"\" and \"\"you lack intelligence\"\". Perhaps a little, \"\"you are an idiot\"\".  This is correct and deliberately so.  I do not argue with idiots on the internet (except when I've been drinking, like now).  It's like bringing a lawsuit against an insoluble entity: even if you win, you still lose.  Why bother?    &gt;And this in response to a well-educated opinion: that the common misguided belief that this amorphous concept of \"\"luck\"\" gives lie to years of hard work, persistence and study.  Lemme get this straight, your \"\"well-educated\"\" opinion was stated as, \"\"luck: what poor people use to explain away the efforts of the people who give them jobs\"\"?  Really?    I don't know where you went to school, but where I was educated, such a trite statement would have been laughed out of the building as being the completely unsubstantiated ranting of a partisan boob.   &gt; You're someone who lacks any substantive contribution and tries to influence thought through intimidation.  Nope.  I'm not trying to influence you or anyone else.  I just think that you are a two-dimensional buffoon and that's all that my original comment was meant to convey.    Come back when you have the intellectual horsepower to compete.  Meanwhile, get away from me with your clown-car of an argument; I have neither the time nor patience.\""}
{"_id": "173545", "title": "", "text": "It seems the age restriction for the Capital One MONEY account has been removed; I just read the entire terms and conditions and there's no minimum age requirement. I just finished opening Capital One MONEY accounts for a child who is <5 and a child <8. Both now have activated debit cards and online access. Their accounts are accessible via their card, but also appear under my online banking login, as they are joint accounts. It is possible to deposit cheques, but no cheques are issued for writing. Debit card access is provided for ATM withdrawals and purchases. And the design on the card is really nice; my son said it looks like the $100 bill."}
{"_id": "173548", "title": "", "text": "140 to 113?  That doesn't even begin to equal the mess they created.  This borders on criminal negligence but they'll get their wrist slapped and move on. IMHO, a proper punishment would be jail for the CEO, CFO and CTO.   White collar crimes should be punished as severely or more severely than violent crimes.     Edit:  as a small business owner I'm responsible for the whole financial cost of repairing someone's credit if I have a breach. Will they repair the credit for 130 million Americans?"}
{"_id": "173559", "title": "", "text": "That doesn't make it the perfect medium for theft. The system makes it okay to make non controversial items because its not like someone is going to put in the effort to track you for that.   Yet if you are buying something illicit, a large part of the blockchain can already be analyzed to see where stuff is coming from and they can start dective work from there.   For example, let's say you buy off Local Bitcoin. Well even if the FBI doesn't know your address or who it belongs to, they monitor the site and know that the funds came from a certain account. They know this because that certain someone bought coins from a regulated company.   Its not the perfect medium for theft at all. Do you actually research bitcoin or are you just looking for any reason not to like it? Its really much more complex/grand than most make it out to be."}
{"_id": "173562", "title": "", "text": "One share costs the 202 $. You need to invest 3000 $ total at a minimum, meaning you have to buy some 14.9 shares at minimum. You should not worry about the exact number of shares, they are just to keep track, and you can buy every decimal part of them too. For example, if you invest now 5000 $, you will get 24.7525 shares. Next year, if they are for example worth 220 $ per share, you have a value of 24.7525 * 220 = 5445.55 $ It depends on the offering company, but that (a certain fixed amount per paycheck) is a typical way to invest (and a good way - you implictly take advantage of prices changing a bit - you buy more shares when the price is down and less when it's up). Probably you can make it an automated deduction from your checking account, or you send it every week/month/whenever. Good plan!"}
{"_id": "173566", "title": "", "text": "I haven't read this article, but the most pressing question I have from the headline is the timeline. We all know that triple-a rated CDOs were horrific in the financial crisis. How about ones that have been created in the past couple of years?"}
{"_id": "173587", "title": "", "text": "Insurance on something that you could replace out of your own pocket is almost always not worth it. If you have the discipline to put $1,000 in a savings account, and only use that to replace the phone, you'll be ahead, plus you'll also get to pocket the interest."}
{"_id": "173604", "title": "", "text": "&gt;\u201cNow, instead of remembering hundreds of passwords, we\u2019ll be able to hold our hand over an RFID reader,\u201d says CEO Todd Westby.  I have maybe a dozen passwords at work, hell it might be closer to 2 dozen.  What kind of workplace requires users to have hundreds of passwords?"}
{"_id": "173620", "title": "", "text": "God forbid there is some differing point of views on a tech company's board. Politics aside, Thiel is a genius and a visionary - not to mention one of the huge catalysts to not only Facebook's growth, but also a mentor to Zuckerberg as well."}
{"_id": "173631", "title": "", "text": "I love his example of channels that everyone watches still, in the midst of the collapse of the entire TV business:  &gt; **The majority of what we pay our cable company is wasted.** We get broadband Internet from our cable company, and we use that constantly. But we also get 500 channels that we almost never watch, along with a couple (HBO, Tennis Channel) that we pay extra for and do watch occasionally.  Ah yes, what *would* we do without the Tennis Channel. Fast forward 10 years: only the Internet and the Tennis Channel are left standing, and are in fierce competition."}
{"_id": "173633", "title": "", "text": "Same for me! Chatting with friends after school and then sneaking to stay on for longer after my mom went to bed. This was hard to do because the family computer was in my mom's bedroom! So, I would carefully position a blanket over the monitor and then drape that down my back to cover up the light emanating from it. I still don't know if she knew I did that.... I thought I was so clever but she probably knew. :)"}
{"_id": "173649", "title": "", "text": "So could someone working at your bank directly.  Of at your HR department at work.  Most of the wait staff at the restaurant I ate at technically had access to my credit card and could steal money.  While you are at work, someone could break into your house and steal your stuff too. The point is, Mint and everything else is a matter of the evaluating the risk.  Since you already understand the vulnerability (they have your accounts) and you know the risk (they could steal your money) what are the chances it happens? 1.)  Mint will make lots more money if it doesn't happen, so it benefits Intuit to pay their employees well and put in safeguards to prevent theft.  Mint.com is on your side even if a specific employee isn't. 2.)  You have statements and such, so you can independently evaluate mint.  I do not just trust mint with my stuff, I check info in Quicken and at the bank sites themselves.  I don't do them all equally, but I will catch problems. 3.)  Laws mean that if theft happens, you will have the opportunity to be made whole. If you are worried about theft, don't trust other people or generally get a bad feeling, don't do it.  If you check your accounts online with the same computer you log into Facebook with, them I would suggest it doesn't bother you.  You might have legal or business reasons to be more adverse to risk then me. However, just because somebody could steal your money, I personally don't consider it an acceptable risk compared to the reward. I will also be one of the first people to be robbed, I am not unrealistic."}
{"_id": "173657", "title": "", "text": "Do you need help from Calgary florists for your wedding? Then look no further than All Flowers and Gifts. We can help you to figure out what sorts of arrangements that you want to invest in and make sure that, no matter what, you\u2019re going to get the perfect flowers for your celebration. #Calgary #Flower #Delivery #Florists #Shops"}
{"_id": "173660", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-markets-idUSKCN1B82GL) reduced by 85%. (I'm a bot) ***** &gt; MILAN - World stocks tumbled and safe-haven assets jumped on Tuesday after North Korea fired a missile over northern Japan, fuelling worries of fresh tension between Washington and Pyongyang.  &gt; North Korea fired a missile that flew over Japan and landed in the Pacific about 1,180 km off the northern region of Hokkaido in a sharp escalation of tensions on the Korean peninsula.  &gt; North Korea threatened this month to fire missiles into the sea near the U.S. Pacific territory of Guam, host to major U.S. military installations, after U.S. President Donald Trump warned that Pyongyang would face &amp;quot;Fire and fury&amp;quot; if it threatened the United States.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wq3cb/stocks_tumble_yen_gains_after_north_korea_fires/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~200341 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **U.S.**^#2 **Korea**^#3 **North**^#4 **Japan**^#5\""}
{"_id": "173662", "title": "", "text": "This has often been one of the things that eats away at my sanity. I'm sure that these people know full well what they are doing to the environment and they're planning ahead on how they're going to profit from that too. Poison the land and make fresh water harder to get, no problem, charge more for habitable land and fresh water and ignore the fact the profits come at the cost of human lives."}
{"_id": "173678", "title": "", "text": "Most millionaires became millionaires by being very frugal and living well below their means, all the time."}
{"_id": "173680", "title": "", "text": "This is the exactly wrong thing to do especially in the age of algorithmic trading.  Consider this event from 2010:  Chart Source  Another similar event occurred in 2015 and there was also a currency flash crash in that year. As you can see the S&P 500 (and basically the entire market) dropped nearly 7% in a matter of minutes.  It regained most of that value within 15 minutes. If you are tempted to think that 7% isn't that big of a deal, you need to understand that specific securities will have a much bigger drop during such events.  For example the PowerShares S&P 500 Low Volatility ETF (SPLV) was down 45% at one point on Aug 24, 2015 but closed less than 6% down. Consider what effect a stop loss order would have on your portfolio in that circumstance.  You would not be able to react fast enough to buy at the bottom.  The advantage of long-term investing is that you are immune to such aberrations. Additionally, as asked by others, what do you do once you've pulled out your money.  Do you wait for a big jump in the market and hop back in?  The risk here is that you are on the sidelines for the gains.  By missing out on just a small number of big days, you can really hurt your long-term returns."}
{"_id": "173688", "title": "", "text": "It's not an online-only ESPN, it's a new service by ESPN that's completely different and separate from what we know of as 'ESPN'. What it really is, is a re-branded MLB Media (streaming all MLB games) with some hockey and soccer and other stuff thrown in."}
{"_id": "173700", "title": "", "text": "No fair and equal is paying the same price for the same service. Not some silly sliding scale based on percentage. You don't go to a service provider and demand the same service as someone who pays when you pay nothing by comparison."}
{"_id": "173715", "title": "", "text": "\"I think I understand what you're trying to achieve. You just want to see how it \"\"feels\"\" to own a share, right? To go through the process of buying and holding, and eventually selling, be it at a loss or at a gain.  Frankly, my primary advice is: Just do it on paper! Just decide, for whatever reason, which stocks to buy, in what amount, subtract 1% for commissions (I'm intentionally staying on the higher side here), and keep track of the price changes daily.   Instead of doing it on mere paper, some brokers offer you a demo account where you can practice your paper trading in the same way you would use a live account. As far as I know, Interactive Brokers and Saxo Bank offer such demo accounts, go look around on their web pages.  The problem about doing it for real is that many of the better brokers, such as the two I mentioned, have relatively high minimum funding limits. You need to send a few thousand pounds to your brokerage account before you can even use it. Of course, you don't need to invest it all, but still, the cash has to be there.  Especially for some younger and inexperienced investors, this can seduce them to gambling most of their money away. Which is why I would not advise you to actually invest in this way. It will be expensive but if it's just for trying it on one share, use your local principal bank for the trade.  Hope this gets you started!\""}
{"_id": "173729", "title": "", "text": "\"RSUs are not \"\"essentially cash\"\". \"\"R\"\" in the RSU stands for restricted. These awards have strings attached, and as long as the strings are attached - you don't really own the money. As such, most banks do not include RSUs in the income considerations. Some do, especially if they have a specific agreement with your employer (check your HR/benefits coordinator). Specifically for mortgage loan,  where the underwriting is very strict, I'm not aware of banks that include RSUs as income without a specific agreement with the employer as a perk. For credit cards/car loans, where you just need to write a number, they would probably care less. Some banks (but not all) consider past performance, and would include bonuses (and maybe RSUs) if you can show several consecutive years of comparable bonuses.\""}
{"_id": "173745", "title": "", "text": "Let's consider that transaction cost is 0(zero) for calculation. In the scenario you have stated, maximum profit that could be made is 55$, however risk is unlimited. Hedging can also be used to limit your losses, let's consider this scenario. Stock ABC trading @ 100$, I'll buy the stock ABC @ 100$ and buy a put option of ABC @ strike price 90$ for a premium of 5$ with an expiration date of 1 month. Possible outcomes I end up in a loss in 3 out of 4 scenarios, however my loss is limited to 15$, whereas profit is unlimited."}
{"_id": "173747", "title": "", "text": "&gt;  It has moved economic resources to where they're most productive, and thereby enabled the economy to grow faster.  I don't agree with this. Economic resources aren't moved to where they are the most productive. They are moved to where they will generate the highest short term return. Money flowing into finance and banking doesn't increase productivity."}
{"_id": "173781", "title": "", "text": "In the US market at least, there is long-term evidence that there's no strong correlation between interest rates and house prices. A less detailed Canadian study found that house prices tended to increase when rates increase.  One possible reason: interest rates can increase when the economy is doing well (needs less help), which is also the time when people feel more confident about buying. The are many reasons why Toronto condo prices may come down (such as oversupply), or may increase (empty nesters downsizing).  But, by itself, a small increase in interest rates appears, based on history, to be unlikely to lead to a substantial drop in prices over a short timescale."}
{"_id": "173790", "title": "", "text": "\"One factor to consider is timing. If you set up the automatic payments through the bank that holds the mortgage (I'll call them the \"\"receiving\"\" bank), they will typically record the transactions as occurring on the actual dates you've set up the automatic payments to occur on, which generally eliminates e.g. the risk of having late payments. By contrast, setting up auto-pay through your personal bank (the \"\"sending\"\" bank) usually amounts to, on the date you specify, your bank deducts the amount from your account and sends a check to the receiving bank (and many banks actually send this check by mail), which may result in the transaction not being credited to your mortgage until several business days later. A second consideration (and this may not be as likely to occur on a loan payment as with a utility or service) is the amount of the payment. When you set up your auto-pay through the sending bank, you explicitly instruct your bank as to the amount to send (also, if you don't have enough in your account, your bank may wait to send the bill payment until you do). This can be good if finances are tight, or if you just like having absolute control of the payment. The risk, though, is that if some circumstance increases the amount that you need to pay one month, you'll have to proactively adjust your auto-pay setting before it fires off. Whereas, if you've set the auto-pay up through the receiving bank, they would most likely submit the transaction to your bank for the higher amount automatically. I'll give an example based on something I saw fairly often when I worked for Dish Network on recovery (customers in early disconnect, the goal being to take a payment and restore service). If you had set up auto-pay through your bank based on your package price, and then the price increased by $2/month, you might not notice at first (your service stays on, and your bill doesn't have any red stamps on it), but the difference will slowly add up until it exceeds a full month's payment, at which point a late fee starts being assessed. From there, it quickly snowballs until the service is turned off. Whereas if you had set that auto-pay up through the provider, when the rate increased, they would simply submit an EFT for the new, higher amount to your bank. On the opposite side of the spectrum: if you've set up the auto-pay through the sending bank, and you're not paying close enough attention when you finally pay off the mortgage, you might accidentally overpay by either making an extra payment or because the final payment is smaller than the rest. Then you'd have to wait a few days (or weeks?) for the receiving bank to issue a refund, leaving those funds unavailable to you in the interim. For these reasons, I personally prefer to always set up automatic payments through the receiving bank, rather than the sending bank.\""}
{"_id": "173794", "title": "", "text": "Today the most exciting and innovative way to generate massive leads for your business is through inbound marketing.The inbound marketing\u2019s main aim is to generate leads via the website. Integrating SEO into your web design is a very important part of Marketing And Web Design. Be sure, your web design SEO Company makes your website accountable for new business generations every month. Visit us online here: http://www.homebuiltairplanes.com/forums/member.php?u=46774"}
{"_id": "173807", "title": "", "text": "Personally, I keep two regular checking accounts at different banks.  One gets a direct deposit totaling the sum of my regular monthly bills and a prorated provision for longer term regular bills like semi-annual car insurance premiums.  I leave a buffer in the account to account for the odd expensive electrical bill or rate increase or whatever.  One gets a direct deposit of the rest which I then allocate to savings and spending. It makes sense to me to separate off regular planned expenses (rent/mortgage, utility bills, insurance premiums) from spending money because it lets me put the basics of my life on autopilot.  An added benefit is I have a failover checking account in the event something happens to one of them.  I don't keep significant amounts of money in either account and don't give transfer access to the savings accounts that store the bulk of my money.  I wear a tinfoil hat when it comes to automatic bank transfers and account access... It doesn't make sense to me to keep deposits separate from spending, it makes less sense to me to spend off of a savings account."}
{"_id": "173813", "title": "", "text": "To be clear on my comment, I am not anti union. I have issues with some unions, their crazy high rates, and how they intimidate and push people around. Unions have done a good job of protecting workers rights, ensuring that benefits are available (even if crazy expensive), and ensuring worker safety. If all companies could be trusted to do that on their own then there would be no need for unions, but history has repeatedly shown otherwise."}
{"_id": "173825", "title": "", "text": "This is a problem that is rampant in general on reddit.  The general population seems to be undereducated, uninformed, unemployed, immature kids.  Quite honestly, the only way to combat the problem is by making the subreddit private.  By doing this you also run the risk of keeping out high potential members while accidentally letting in people that have no business being in here in the first place.  This is probably why the creators included internet Karma, to give the collective subreddit the power to bring topics to the top that they would like seen and discussed while also allowing them to bury the crap they don't want to see.  The only problem with that is those same uninformed members mentioned above also have the ability to vote.  That is why we are attempting to generate a discussion here to get opinions from people that want to take the sub in a certain direction that voting alone cannot accomplish."}
{"_id": "173832", "title": "", "text": "To be honest, all they do is reformat and rehost content from other sources.  While that's 80% (or more) of the internet, it isn't like they're providing unique content.  Add to that that they game the system to increase their page views and they're offering no benefits while still abusing the system."}
{"_id": "173836", "title": "", "text": "\"Volume is measured in the number of shares traded in a given day, week, month, etc. This means that it's not necessarily a directly-comparable measure between stocks, as there's a large difference between 1 million shares traded of a $1 stock ($1 million total) and 1 million shares traded of a $1000 stock ($1 billion total). Volume as a number on its own is lacking in context; it often makes more sense to look at it as an overall dollar amount (as in the parentheses above) or as a fraction of the total number of shares in the marketplace. When you see a price quoted for a particular ticker symbol, whether online, or on TV, or elsewhere, that price is typically the price of the last trade that executed for that security. A good proxy for the current fair price of an asset is what someone else paid for it in the recent past (as long as it wasn't too long ago!). So, when you see a quote labeled \"\"15.5K @ $60.00\"\", that means that the last trade on that security, which the service is using to quote the security's price, was for 15500 shares at a price of $60 per share. Your guess is correct. The term \"\"institutional investor\"\" often is meant to include many types of institutions that would control large sums of money. This includes large banks, insurance companies, pooled retirement funds, hedge funds, and so on.\""}
{"_id": "173846", "title": "", "text": "CFDs (Contracts for Difference) are basically a contract between you and the broker on the difference in price of the underlying between the time you open a position and close a position. You are not actually buying the underlying. With share CFDs, the outcome is a bit like buying the underlying shares on margin. You pay interest for every day you hold the CFDs overnight for long CFDs. However, with short positions, you get paid interest for every day you hold your short position overnight. Most people use CFDs for short term trading, however they can be used for medium to longer term trading just as you would hold a portfolio on margin. What you have to remember is that because you are buying on margin you can lose more than your initial contract amount. A way to manage this risk is by using position sizing and stop loses. With your position sizing, if you wanted to invest $10,000 in a particular share trading at $10 per share, you would then buy 1000 shares or 1000 CFDs in that share. Your initial expense with the CFDs might be only $1000 (at a margin rate of 10%). So instead of increasing your risk by having an initial outlay of $10,000 with the CFDs you limit your risk to the same as you were buying the shares directly."}
{"_id": "173858", "title": "", "text": "\"Which people?  There are 7 billion people in the world. The majority of them are relatively poor; and the reasons why they either remain so, or are able (and willing) to change their status... the reasons vary tremendously.  Alas, I think the author missed the point of the statement the woman made, he began with a *belief* \"\"...the poor at all times and enclose them, making up a \u201csurround of force\u201d from which, it seems, they cannot escape. I had come to understand that this was what kept the poor from being political and that the absence of politics in their lives was what kept them poor.\"\"  and he really never looked outside of the context of his own biased view.  The key in is hidden in the middle of his statements of belief above -- the \"\"it SEEMS, they cannot escape\"\".  That is what the woman was addressing, the \"\"it seems\"\" and \"\"escape\"\".  In fact many DO \"\"escape\"\" (historically speaking, most of the US population are descendents of such \"\"escapees\"\").  When the things \"\"surrounding them\"\" are massive, then it takes a lot of courage, AND humility, AND willingness to sacrifice &amp; risk -- to leave those surroundings and venture out into the \"\"great unknown\"\" (potentially having to endure a lot of hardship, and possibly failing, when there).  So the biggest hurdle they have to overcome is an identical \"\"belief\"\" that the author had at the beginning (and seems to have still maintained).  It isn't about \"\"politics\"\" (at least not in the modern sense of the word).\""}
{"_id": "173865", "title": "", "text": "\"From the UK side, the estate may be liable to \"\"inheritance tax\"\" depending on its size - but this will be paid by the estate itself before any payment is made to you, so if the estate makes a payment to you, the whole of it is yours to keep. The tax thresholds are a bit complicated and due to become more so, but at a minimum any estate under \u00a3325,000 will be exempt. If your spouse died first without using their entire allowance, or for deaths after 6th April 2017 where a family home is being left to direct descendants, the allowance is higher. Anything above the threshold is subject to 40% tax, which will be paid be the person dealing with the estate before they can distribute anything else.\""}
{"_id": "173869", "title": "", "text": "The purpose of long term care insurance is to pay for your long term care while protecting your assets. This is highly recommended to people who have high risk factors or family history. People who will most likely receive care should purchase this as early as possible in order to avoid the soaring cost of coverage and care. Another reason why people should buy this is is because of the much longer life expectancy today. Statistics would show that about 70% of people who are 65 years old will need long term care. This is obviously high and alarming. For me, this is enough to encourage people to prepare for their future and buy insurance for long term care."}
{"_id": "173872", "title": "", "text": "I think the correct statement is that Expedia wants to buy Orbitz for $12/share. The market price is $11, which means there is somebody willing to sell for that price. But you can't say that a stock price of $11 means that everybody is willing to sell for that price. And Expedia is unlikely to bid $12/share for just 40% of Orbitz shares; they'll want at least a controlling majority."}
{"_id": "173874", "title": "", "text": "\"&gt;Also, they didn't mean \"\"make money from thin air\"\" in the sense of it being a magical trick. They make money from a sort of market inefficiency: they broker between people who want to invest money and those who want to borrow it.  They actually do make money \"\"from thin air\"\" when they make new loans. They're not disintermediating - they have a license to create new money and they use it. This is not something especially *sinister* - just how it works.  Equally, when bank loans are paid off, that money that was created out of thin air is again destroyed.  There is evidence also, that demand deposits do not really restrict lending, as they are supposed to. See here:  http://www.businessspectator.com.au/bs.nsf/Article/money-supply-economics-economy-bank-reserves-infla-pd20121022-ZAS44?OpenDocument&amp;emcontent_spectators\""}
{"_id": "173878", "title": "", "text": "\"Roth is currently not an option, unless you can manage to document income. At 6, this would be difficult but not impossible. My daughter was babysitting at 10, that's when we started her Roth.  The 529 is the only option listed that offers the protection of not permitting an 18 year old to \"\"blow the money.\"\" But only if you maintain ownership with the child as beneficiary. The downside of the 529 is the limited investment options, extra layer of fees, and the potential to pay tax if the money is withdrawn without child going to college. As you noted, since it's his money already, you should not be the owner of the account. That would be stealing.  The regular account, a UGMA, is his money, but you have to act as custodian. A minor can't trade his own stock account. In that account, you can easily manage it to take advantage of the kiddie tax structure. The first $1000 of realized gains go untaxed, the next $1000 is at his rate, 10%. Above this, is taxed at your rate, with the chance for long tern capital gains at a 15% rate.  When he actually has income, you can deposit the lesser of up to the full income or $5500 into a Roth. This was how we shifted this kind of gift money to my daughter's Roth IRA. $2000 income from sitting permitted her to deposit $2000 in funds to the Roth. The income must be documented, but the dollars don't actually need to be the exact dollars earned. This money grows tax free and the deposits may be withdrawn without penalty. The gains are tax free if taken after age 59-1/2.  Please comment if you'd like me to expand on any piece of this answer.\""}
{"_id": "173883", "title": "", "text": "It is also worth noting that one of the character defining features of a publicly traded company is that the management that is responsible for the day to day operations of the stands independent of those who have ownership. Shareholder of a public company typically don't have influence over the day to day running of the company."}
{"_id": "173897", "title": "", "text": "Eighteen years into his research, Lo had a major insight. One day in 1999 his 4-year-old son took off running toward a gorilla cage at the Smithsonian\u2019s National Zoo. \u201cThe mother gorilla jumped right in and growled,\u201d he says. \u201cAnd as soon as she did that, I did the same thing. I ran to my child and brought him back.\u201d The similarity of their reactions startled Lo and caused him to wonder: Could there be other similarities in the way people and animals react to danger and risk?  The insight eventually led to the adaptive-markets hypothesis. \u201cRight now, we tend to collect prices and assume that those are the only things that matter\u201d to predict investor behavior, Lo says, whereas an ecologist would try to understand investors as a population\u2014which means accounting for their animal instincts. Lo\u2019s hypothesis says people act in their own self-interest but frequently make mistakes, figure out where they\u2019ve erred, and change their behaviors. The broader system also adapts. These complex interactions contribute to our booms and busts.  Lo\u2019s book-length exploration of the idea, Adaptive Markets, came out in February. Says Ben Golub, a founding partner at BlackRock Inc. and now co-head of the company\u2019s risk and quantitative analysis group: \u201cIt makes you realize that at any time in the market, the people who are there are not there by accident.\u201d Some people survived the last financial crisis and might be more risk-averse, and some people who\u2019ve joined since might be more risk-tolerant. \u201cThe cautious guys survive for a while and then get pushed out by the more aggressive risk takers, who then get thrown out when the thing blows up in their faces,\u201d Golub says. He\u2019s made the book required reading for many BlackRock employees."}
{"_id": "173903", "title": "", "text": "Here's how I have worked it out.  Different answer to the one expected.  Pretty sure it's right though."}
{"_id": "173919", "title": "", "text": "You lose your interest free grace period if you don't pay your balance in full every month by the due date. So you would be paying interest on the $70 amount from the date you bought it to the date you made the $70 payment, and interest on the $30 balance from the date of purchase and thereafter."}
{"_id": "173929", "title": "", "text": "My recommendation is to not ask for a credit increase, but just increase the utilization of one card if you have multiple cards, and decrease the utilization of the others, and continue paying off all cards in full each month.  In a  few months, you  will likely be offered a credit increase by the card that is getting increased use.  The card company that is getting the extra business knows that you are paying off big bills each month and keeping your account in good standing, and they will likely offer you a credit increase all by themselves because they want to keep your business.  If no offer is forthcoming, you can call the card company and ask for a credit increase. If they refuse, tell them that you will be charging very little on the card in the future  (or even canceling your card, though that will cause a hit on your credit score) because of their refusal, and switch your high volume to a different card."}
{"_id": "173934", "title": "", "text": "Lightning is one of the most devastating natural phenomena and a direct strike will damage anything and everything on its way. Lightning Eliminators &amp; Consultant Inc. installs a wide range of lightning protection products to divert a strike away from the structure and equipment. These products are designed to prevent physical damage to people, structural damage to buildings and protect against internal system equipment failure. Get more details on lightning protection products: https://lightningprotectiondesignblog.wordpress.com/2017/10/12/why-consider-lightning-protection-products-from-lec/"}
{"_id": "173937", "title": "", "text": "&gt; Also Wilbur Ross is trump's secretary of commerce and part of the administrstion, trump getting figures from him is still his responsibility.  An executive is not expected to be an expert in various sciences. An executive is expected to makes decisions and execute laws based on the best information provided by the technocratic class. So I can't really fault him. He made a statement based upon the best numbers that had been presented.  I'm no Trump fan, either, but let's not go straining at gnats when there are elephants we haven't even looked at yet."}
{"_id": "173967", "title": "", "text": "The S&P500 is an index, not an investment by itself.  The index lists a large number of stocks, and the value of the index is the price of all the stocks added together. If you want to make an investment that tracks the S&P500, you could buy some shares of each stock in the index, in the same proportions as the index.  This, however, is impractical for just about everyone. Index mutual funds provide an easy way to make this investment.  SPY is an ETF (exchange-traded mutual fund) that does the same thing. An index CFD (contract for difference) is not the same as an index mutual fund.  There are a number of differences between investing in a security fund and investing in a CFD, and CFDs are not available everywhere."}
{"_id": "173973", "title": "", "text": "My Credit Union offers a market-linked CD where the investment has FDIC protection if it is held to maturity, but otherwise they are linked with the S&P 500. it comes with this warning: Market-Link CDs are not appropriate for all depositors including   clients needing a guaranteed interest payment or seeking full   participation in the stock market.  If redeemed prior to maturity, the   amount received will be subject to market risk including interest rate   fluctuations an issuer credit quality. So they still do exist. Another credit union I belong to has a similar product. The risk is that if you need the money early, there may be losses. There would also not be a way to switch to a more conservative posture as the CD approached maturity, if you were interested in protecting your gains."}
{"_id": "173979", "title": "", "text": "I'm not pointing specifically to category 5 hurricanes, more that they are becoming increasingly common and powerful as time goes on. Additionally, most of these climate change issues are exponential, and so it may not seem like a significant change in the last 20 years but it points to a larger trendline that is disturbing.  When it comes to sea level changes, it's not about the last 8,000 years. It comes down to polar ice caps melting at ever-increasing speeds, which will hit us quickly and harshly. [A link to all the data you'd need on increasing CO2 can be found here.](http://www.epa.gov/climatechange/science/future.html)"}
{"_id": "173986", "title": "", "text": "A day is a long time and the rate is not the same all day. Some sources will report a close price that averages the bid and ask. Some sources will report a volume-weighted average. Some will report the last transaction price. Some will report a time-weighted average. Some will average the highest and lowest prices for the interval. Different marketplaces will also have slightly different prices because different traders are present at each marketplace. Usually, the documentation will explain what method they use and you can choose the source whose method makes the most sense for your application."}
{"_id": "173997", "title": "", "text": "&gt;I would be interested in knowing how much of the recent returns of the S&amp;P are being driven purely by the Fed bond purchase program, controlling for other macro-economic variables.  The correlation of asset purchase dollars and SPX level does not answer this question."}
{"_id": "174001", "title": "", "text": "Look into *Getting Past No*, *Getting To Yes*, *Difficult Conversations*, and *The Mind and Heart of the Negotiator*.  Those were the books I read for an MBA negotiations course last year.  Except for the last one, they're all very short and easy to read."}
{"_id": "174002", "title": "", "text": "Gold is a commodity.  It has a tracked price and can be bought and sold as such.  In its physical form it represents something real of signifigant value that can be traded for currency or barted.  A single pound of gold is worth about 27000 dollars. It is very valuable and it is easily transported as opposed to a car which loses value while you transport it.  There are other metals that also hold value (Platinum, Silver, Copper, etc) as well as other commodities.  Platinum has a higher Value to weight ratio than gold but there is less of a global quantity and the demand is not as high.  A gold mine is an investement where you hope to take out more in gold than it cost to get it out.   Just like any other business.  High gold prices simply lower your break even point. TIPS protects you from inflation but does not protect you from devaluation.  It also only pays the inflation rate recoginized by the Treasury.  There are experts who believe that the fed has understated inflation.  If these are correct then TIPS is not protecting its investors from inflation as promised.   You can also think of treasury bonds as an investment in your government.  Your return will be effectively determined by how they run their business of governing.  If you believe that the government is doing the right things to help promote the economy then investing in their bonds will help them to be able to continue to do so.  And if consumers buy the bonds then the treasury does not have to buy any more of its own."}
{"_id": "174016", "title": "", "text": "They will just break the company up into subsidiaries.     A smaller company will run the mail room, another will run the computer repair, yet another will run the sales team and so on an so forth. There will be one small executive company that runs all those companies and siphons all the revenue from all of the subsidiaries. Using your scheme they can make you a 30% owner of a subsidiary that services another subsidiary and makes no money at all and in fact is a money loser and stock options will mean nothing.  Major motion pictures do something similar: each movie is its own entity/company, lets call it BigExpensiveMovie397 Co., that is only around for a single movie. BigExpensiveMovie397 then hires other companies to do the work: catering, set building, production and everything else that makes a movie.  And here is the fun part: if BigExpensiveMove397 is a hit, then it will pay a lot of licensing fees to yet other corporations that allowed it the use of its characters, story and anything else they can think of.  Those licensing fees tend to *always* be more that whatever profit BigExpensiveMove397 makes. And that is how movies like LOTR is a money loser...no matter how much money it makes.  Which is why the convinced Congress to ban using actual money with HSX...   There is no way to beat such accounting. The only choice is not to take jobs like that. But since we are competing with the World and a good annual salary is $6K a year....we have a long way to go down to hit equilibrium."}
{"_id": "174019", "title": "", "text": "There are at least three important aspectss missing from your equation. However they come with some uncertainty as one typically cannot tell the future performance. Appreciation of the rental units value. When comparing to the gain of any alternative investment an increasing value of the flat is a gain too. Increase of rent. Rents are typically adjusted either on a regular basis or at least when changing tennants. Calulation with a flat rent over 20 years is therefore way off. Tax deductions due to capital expenditures (i.e. mortgages), expenses for the upkeep and maintenance of the property, conserving and management, and so on. Obviously those are depending on your local legislation. There are multiple other issues to consider of course, e.g. inadvertant vacancy, which would not act in your favour."}
{"_id": "174025", "title": "", "text": "You are right that even if you do not receive a 1099-MISC, you still need to report all income to the IRS.  Report the $40 on Schedule C or Schedule C-EZ.  Since your net profit was less than $400, you do not need to file Schedule SE.  From the IRS web site: Self-Employment Income It is a common misconception that if a taxpayer does not receive a Form 1099-MISC or if the income is under $600 per payer, the income is not taxable. There is no minimum amount that a taxpayer may exclude from gross income. All income earned through the taxpayer\u2019s business, as an independent contractor or from informal side jobs is self-employment income, which is fully taxable and must be reported on Form 1040. Use Form 1040, Schedule C, Profit or Loss from Business, or Form 1040, Schedule C-EZ, Net Profit from Business (Sole Proprietorship) to report income and expenses. Taxpayers will also need to prepare Form 1040 Schedule SE for self-employment taxes if the net profit exceeds $400 for a year. Do not report this income on Form 1040 Line 21 as Other Income. Independent contractors must report all income as taxable, even if it is less than $600. Even if the client does not issue a Form 1099-MISC, the income, whatever the amount, is still reportable by the taxpayer."}
{"_id": "174033", "title": "", "text": "If I donate $10,000 to charity then I can deduct that $10,000 from my income and not pay income taxes on it.  So if I make $50,000 a year then I will only pay income taxes on $40,000 instead of $50,000 since I donated $10,000 to charity.  This is what is meant when charity contributions are said to be tax deductible. Don't feel like you have to donate to charity.  You owe no one anything.  You do more for others by working (assuming you work in the private sector). If you know of someone personally that is in need of aid then you could give them some help directly.  I find this more effective then blindly dumping money in a bureaucratic, inefficient charity.  I also find there are very few people in need of charity. Personally, I think charity donations are a way for people to feel good about themselves.  They rarely care if their donations are effective."}
{"_id": "174034", "title": "", "text": "An answer from PayPal stated that donations may be turned on only for Business PayPal accounts that are verified for its non-profit status. Such PayPal Business account must be opened in the name of non-profit organization (not a single person) and go through verification process. One must provide the following information: That would mean that one cannot ask for donations as a private person, at least in Croatia, and probably in Europe."}
{"_id": "174039", "title": "", "text": "This is mostly an addendum to @fredsbend answer, which appears to list reasonable causes, but ignores the technical cost aspect. The other answer lists the technical cause, but doesn't explain it in detail. Look at the two graphs (from Wikipedia). This is how difficult -- in terms of computing power, meaning hardware costs and electricity costs -- it has been to mine bitcoins over years:  This is how many total bitcoins have been made since the start of btc era:  As you can see, despite rising difficulty and costs, the bitcoin mining is slowing down. It should be noted that this is by design. If you could use a home computer at start of bitcoin and mine 1 bitcoin a day on it, nowadays, you need to use specialized hardware costing thousands of dollars and pay huge sums in electricity costs in order to mine the same 1 bitcoin in a day. And this happened on the large scale quite recently.  Add the fact that there is no visible way to significantly increase bitcoin mining speed regardless of hardware used -- the network self-adapts.  The more hardware anyone throws at it, the harder it becomes for him and everyone else -- so extra hardware is used in order to drive out smaller players and keep the general ability to mine, rather than to increase the mining speed. Last year a friend and I were considering buying a couple specialized rigs, running on off-the-shelf powerful computers and using extra (gaming) graphics cards for number crunching. As we didn't get on the train fast enough, the graphic cards were bought up by bitcoin mining organizations en masse."}
{"_id": "174099", "title": "", "text": "Well, that's probably not even all of it. If that stranger did his taxes properly, then he already paid about a third of it to the government because wherever he got it from it was income for him and thus it must have been taxed. Now, the remainder is in your hands and yes, according to US law it is now your income and so now you too, must pay about a third of it to the government, and yes you are supposed to explain where it came from. Be careful giving it to somebody else or it'll be taxed yet again. disclaimer: I am not a US citizen"}
{"_id": "174103", "title": "", "text": "\"They lose money on those (much higher rate of theft) and it still requires one or two employees to oversee, plus they bottleneck much faster than regular checkout because people are idiots and will try to roll through the self checkout line with 20 bags worth of groceries in their cart.   They really need to figure out a way to stop letting people with full carts use self checkout. If you can't fit it in a handbasket, you need to use regular checkout. The amount of theft from people \"\"forgetting\"\" to pay for the stuff in the bottom of their cart must be mind boggling.\""}
{"_id": "174106", "title": "", "text": "\"Yep - the detergents you have to use for human waste tends to disinfect pretty well. As long as there aren't skid marks (plus babies don't eat the same crap as adults) and they don't smell people will happily purchase used cloth diapers. Which we could have done as well to save even more! It's a really good way to go, but again only if you can commit to \"\"everything else involved\"\"\""}
{"_id": "174122", "title": "", "text": "Some sample prices for straightforward pay-for-hours-or-deliverables planners: I think I've seen some similar rates elsewhere, too. I'd feel like you might get something perfunctory and boilerplate for too much less than $1000 - how could the person afford to spend much time? - and I'd feel like lots more than $1000 for just a standard straightforward plan might be a ripoff. Basically you're paying $1000 for a day or two of work, you don't want just a couple hours of work, but you don't need a week of work either. Anyway, extracting the general guideline (since prices may vary regionally or over time), you could figure it takes a day or two to do a decent job on a basic complete financial plan without a lot of complexities in it. From there you can decide what's fair, adding or subtracting time if you need less than a complete plan or have complex issues. This is assuming you're paying for time and deliverables, which is not a given. The biggest factor in how much you pay is probably how they charge; a couple of the most common models, (There are other models but these are the ones I've seen most.) The difference between these two models is a lot of money over time. Hourly is going to be much cheaper, because it's a one-time cost instead of ongoing, and unrelated to what you have in assets. However, you won't get investment management, which can be valuable if you aren't the kind to stick to an investment plan or you want someone else to completely take care of it for you. The investment-management planners have the potential to make a lot more money (and are more likely to be in it for the money). Hourly planners don't really have as good a business from a business owner's perspective, but they are cheaper from a customer perspective, as long as you're happy to DIY a bit. One thing I like about hourly planners is that I don't really feel investments are the main place planners can add value, so it makes me nervous to have the compensation based on that. Insurance, estate planning, taxes, etc. are where it's harder for a layperson to know all the ins and outs and DIY. From what I've seen, the cheapest planners are the ones that you can get free or discounted from companies like USAA or Vanguard if you have an account with them. However, they will only recommend products from the company in question, so that's a downside, and you probably won't get to meet them in person. This question may be useful too: What exactly can a financial advisor do for me, and is it worth the money?"}
{"_id": "174196", "title": "", "text": "\"have a bank account here, you need to have a credit history, That is wrong, whoever informed you that. You don't need a credit history to open a bank account. Some banks allow you to open no frills accounts without a credit history. I myself opened an account, with Barclays, with my NI card, job contract and probably my passport too and I amn't from the EU. Also, the bank that allowed me to open the account, doesn't allow me to wire transfer (my) money to another (UK) account, and claims that ll the bank have the same policy for \"\"cash accounts\"\", is that true, I mean, is there an actual law that for some reason donesn't allow you to transfer your funds? Why? Did you read the T&Cs. Chances are that other the account is with a different bank. And it always is fishy, atleast for banks because of heightened money laundering regulations, for people opening accounts and starting to transfer money to accounts with other banks. After you have banked with them for certain time, you can ask them to upgrade you to a current account which allow these services. Secondly because it might be a no frills account and they aren't allowed to charge fees, they might disallow transfers to other banks. And banks generally don't charge fees for no frills accounts so certain services are disallowed, which cost them money. NB:- I have had a cash account for 4-5 years with Barclays and I used to transfer money to other banks, but I probably never tried transferring money just after opening an account.\""}
{"_id": "174211", "title": "", "text": "I quit when they had the 24 hour timer.  It also allowed me to leave without a cancellation fee (which they no longer have).   I may go back, but I moved, and no longer have my main theaters near me."}
{"_id": "174212", "title": "", "text": "Well to port across platforms, since most of the AAA titles are being built and ported across x86 platforms: xbox, ps and PC.  On one side it may cost more, on the other it may attract more devs since it's another platform where their content will be available with low effort of porting.  Unless ATARI would take the burden of supporting and producing most of the games... and that's not an easy task..."}
{"_id": "174226", "title": "", "text": "It will likely only increase as unemployment rises too.  Most companies which request degrees or unnecessary levels of experience generally do so as a way to filter out applications. As unemployment rises and the number of people applying for each job increases, I would imagine that will become more widespread.  Two things which reddit feels very passionately about (and understandably so) are:  1. Companies not paying a living wage.   2. Companies requesting unnecessary levels of qualification or experience and thus making it very difficult for young people to find work.   Unfortunately it seems like solving one of these problems will only exacerbate the other."}
{"_id": "174227", "title": "", "text": "absolutely $SPY ETF is the way to go if your point of comparison is the S&P and you want to do low maintenance."}
{"_id": "174236", "title": "", "text": "Title is incorrect. $1000 every ten years, or $100 per year.   The author puts the calculations in the article, and while I think the methodology is dubious it is at least transparent. The $1000 was the cost over the next decade applied to the number of workers, which means the annual cost is one tenth of that, or $100.  Edit: I said number of households and I should\u2019ve said number of workers."}
{"_id": "174238", "title": "", "text": "The issue of unclaimed life insurance policies is a hot topic right now. Your questions are exactly the reason why. For a long time unclaimed life insurance policies have been a boon to life insurance companies but the states are cracking down. There is a lot of new legislation that requires the companies to make a diligent effort to find the rightful beneficiary. In some states if the beneficiary can't be found the proceeds wind up in the states abandoned assets fund. The death benefit is payable if the policy was in force on the date of death. Since no premium is actually due after the insured dies it doesn't matter if the policy lapses after the insured dies. You're correct that there is no one place to go to find out if you are the beneficiary of an unclaimed life insurance policy. Our agency has a resource page which gives you tactics to follow in order to do a search. See How To Find Lost Or Unclaimed Life Insurance Policies."}
{"_id": "174245", "title": "", "text": "Academic research into ADRs seems to suggest that pairs-trading ADRs and their underlying shares reveals that there certainly are arbitrage opportunities, but that in most (but not all cases) such opportunities are quickly taken care of by the market. (See this article for the mexican case, the introduction has a list of other articles you could read on the subject). In some cases parity doesn't seem to be reached, which may have to do with transaction costs, the risk of transacting in a foreign market, as well as administrative & legal concerns that can affect the direct holder of a foreign share but don't impact the ADR holder (since those risks and costs are borne by the institution, which presumably has a better idea of how to manage such risks and costs). It's also worth pointing out that there are almost always arbitrage opportunities that get snapped up quickly: the law of one price doesn't apply for very short time-frames, just that if you're not an expert in that particular domain of the market, it might as well be a law since you won't see the arbitrage opportunities fast enough. That is to say, there are always opportunities for arbitrage with ADRs but chances are YOU won't be able to take advantage of it (In the Mexican case, the price divergence seems to have an average half-life of ~3 days). Some price divergence might be expected: ADR holders shouldn't be expected to know as much about the foreign market as the typical foreign share holder, and that uncertainty may also cause some divergence. There does seem to be some opportunity for arbitrage doing what you suggest in markets where it is not legally possible to short shares, but that likely is the value added from being able to short a share that belongs to a market where you can't do that."}
{"_id": "174251", "title": "", "text": "Thank God that hospice can provide such care because the real problem is that there is a window of time when some elderly are too infirm to live independently but too poor to afford the atrocious high costs of assisted living care. This leaves quite a few elderly in the position of having to rely on the goodwill of relatives to take them in and who may not be emotionally or financially stable enough to withstand the stress that comes from being a caregiver for the elderly. If hospice can provide support for the family and the patient, more power to them."}
{"_id": "174272", "title": "", "text": "We are FAR FAR better off than the majority. That is COMPLETELY true. But the point is that this does not made 300k$ easily, despite being far far far ahead of most. That's the crazy part -- the income disparity.  (P.s., where we live 400k$ gets you the shittiest house in town. You could get a tiny condo for 250k$ too)"}
{"_id": "174275", "title": "", "text": "&gt;Have these corporations taken away your ability to vote?  What do votes matter if they have no power?  To relate, in my home city, the local utility company is a monopoly.  A Public Utility Commission (PUC) of 3 commissioners was set up to regulate them.  The utility offers all the PUC Commissioners cushy no-show jobs after their term.  The results of this regulatory capture?  We have the highest electric rates in the continental US.  The next county over with a less powerful company is less than half the price from the same powerplants.  This is the same story for many such things including healthcare and insurance, internet, etc.  We can vote how we want, nothing changes because the corporations swing both ways."}
{"_id": "174282", "title": "", "text": "I grew up around St. Clairsville. I liked BW3's a lot when I lived in Columbus, so when I heard one opened in St. C, I got a bunch of gift cards for family members. They don't let me pick the restaurant when we go out anymore. Apparently that one is particularly shitty."}
{"_id": "174289", "title": "", "text": "For nearly a decade, The LA home blog  have been brokering real estate deals across the city.  Negotiating contracts, overseeing inspections, advising on loans, renovating and staging homes to prepare for market - we have built a team that is ready for any situation."}
{"_id": "174291", "title": "", "text": "It's not a peer reviewed article in nature. It's an opinion piece on their website.   Don't be so foolish.   &gt;Nobody here is passing any judgment on Trump, the OP is showing that there's a bias for people with higher education to vote liberal. That's just a fact, nobody is saying that this statistic invalidates conservative beliefs.  Get fucking real. They both came our guns blazing."}
{"_id": "174292", "title": "", "text": "I think the answer to this must differ from country to country.  I have lived in several countries where the normal everyday way of making a payment is to instruct my bank to transfer the money to the recipient's account.  Of course this means I must know his name, SC and account number \u2013 but this is an accepted part of the system; businesses routinely display that information on invoices and correspondence.  It is simply not regarded as confidential. DumbCoder's comment suggests that if he has that information he can take money from my account without my permission \u2013 in other words, my bank will pay money out of my account on someone else's request, without my authority.  Is this correct?  In which country or countries can this happen?   (I must go there quickly and begin stealing people's money.)"}
{"_id": "174295", "title": "", "text": "I've found it's just simpler to keep all of my receipts rather than debate which receipts to keep and which to throw away. I shove all my receipts from August in an envelope labeled August.   Then, next year (12 months later) I shred the envelope.    That way, if I see a bank error, need to find a receipt to do a return or warranty work, etc. I have all of them available for a year.   Doing 1 envelope per month means I only have 12 envelopes at any time and I can shred an entire envelope without bothering to sort through receipts inside the envelope."}
{"_id": "174296", "title": "", "text": "Why is Facebook a favorite pick among business owners? Easy, with its growing popularity as the most visited social network, Facebook provides a viable platform to start, sustain a seller-buyer and create relationship. Facebook makes it to the top list among business owners whose aim is not only to gain a wide market outreach, but also to create and sustain a closer, intimate relationship with actual and potential customers on the web. So, what makes Facebook marketing for business the best online tool? Because it works in four ways ..."}
{"_id": "174302", "title": "", "text": "Huh? I don't see how this effects inflation in practice.... (only in theory)  Basically, I sell short end bonds and buy longer end bonds pocketing the difference in yield and increasing my duration.  GLD and mining are hedges against inflation, markets are stupidly short term looking and care only about current expectations, if the current macro situation deteoriates we see prices fall."}
{"_id": "174308", "title": "", "text": "\"I'll start by focussing on the numbers. I highly recommend you get comfortable with spreadsheets to do these calculations on your own.  I assume a $200K loan, the mortgage for a $250K house. Scale this up or down as appropriate. For the rate, I used the current US average for the 30 and 15 year fixed loans. You can see 2 things. First, even with that lower rate to go 15 years, the payment required is 51% higher than with the 30. I'll get back to that. Second, to pay the 30 at 15 years, you'd need an extra $73. Because now you are paying at a 15 year pace, but with a 30 year rate. This is $876/yr to keep that flexibility. These are the numbers.  There are 2 camps in viewing the longer term debt. There are those who view debt as evil, the $900/mo payment would keep them up at night until it's gone, and they would prefer to have zero debt regardless of the lifestyle choices they'd need to make or the alternative uses of that money. To them, it's not your house as long as you have a mortgage. (But they're ok with the local tax assessor having a statutory lien and his hand out every quarter.) The flip side are those who will say this is the cheapest money you'll ever see, and you should have as large a mortgage as you can, for as long as you can. Treat the interest like rent, and invest your money.  My own view is more in the middle. Look at your situation. I'd prioritize  In my opinion, it makes little sense to focus on the mortgage unless and until the first 5 items above are in place. The extra $459 to go to 15? If it's not stealing from those other items or making your cash flow tight, go for it.  Keep one subtle point in mind, risk is like matter and energy, it's not created or destroyed but just moved around. Those who offer the cliche \"\"debt creates risk\"\" are correct, but the risk is not yours, it's the lender's. Looking at your own finances, liquidity is important. You can take the 15 year mortgage, and 10 years in, lose your job. The bank still wants its payments every month. Even if you had no mortgage, the tax collector is still there. To keep your risk low, you want a safety net that will cover you between jobs, illness, new babies being born, etc.  I've gone head to head with people insisting on prioritizing the mortgage payoff ahead of the matched 401(k) deposit. Funny, they'd prefer to owe $75K less, while that $75K could have been deposited pretax (so $100K, for those in the 25% bracket) and matched, to $200K. Don't make that mistake.\""}
{"_id": "174310", "title": "", "text": "\"In the case of Wells Fargo, I believe that free trading is linked to your overall banking relationship with the firm. So if you have a checking account with a balance of $X, or  a total relationship with the bank (\"\"relationship\"\" is usually defined as loan balances + deposit balances) over a certain amount, they give you a plum like free stock trades. The theory behind this approach is that banks want to be a one-stop shop for you. The idea is that they can market the banks products to you over a period of years (lowering customer acquisition cost) and offer you a level of convenience that allows them to charge a premium for services. For example, many people will pay a rate or fee premium on a mortgage or car loan so that they can do all of their business in one place. In other cases, free trading is linked to marketing campaigns by funds. Charles Schwab started this with the \"\"no transaction fee\"\" mutual fund store many years ago -- transaction fees are actually paid for by the mutual funds who pay for placement in the program. \"\"Free ETF trade\"\" programs are similar.\""}
{"_id": "174313", "title": "", "text": "I'll mirror what the others have said in that your expectations for returns are wildly out of line with reality. If you could achieve that with only moderate risk hopefully you can see that you could ladder those returns by re-investing them and become a billionaire in short order. You may have noticed that there are a lot of really financially savvy people who are not billionaires. So the math for your plan falls apart somewhere, obviously. However, in the spirit of being helpful, and with the caveat that super high returns involve super high risk I'll try and point you in the direction where this is theoretically possible, even if the odds would be better buying lottery tickets. One way to get more leverage from your money than just buying stocks is to buy options. With an options strategy your return/loss will be magnified greatly compared to buying stocks. That is, you can lose or gain a much higher multiplier of your original investment. That said, I don't advise doing that with any money that you can't afford to lose every penny of, because you likely will."}
{"_id": "174315", "title": "", "text": "It's not really fair for him to say share buybacks are 4% of GDP, because share buybacks don't directly contribute to GDP. Presumably, if a company has excess cash than what can profitably be reinvested into the business, then it should return that cash to the shareholders (buybacks). Then, it is up to the shareholders to decide how to reallocate that capital. Theoretically, shareholders will allocate that capital into profitable ventures. The assumption being, distributing capital to profitable ventures is more efficient than distributing capital to non-profitable ventures. And the efficient distribution of capital should increase GDP in the long run.  If you believe that sort of thing. Personally, Id rather that every employee was paid a respectable wage for their labor, not the bare minimum that they'll accept to avoid starvation. But that's another issue all together, so nevermind."}
{"_id": "174321", "title": "", "text": "Generally speaking, if the acquiring company buys less than 50% of the target, the acquirer would not claim any income until there was a dividend or the equity stock appreciated. With a dividend, the acqiring company would participate in and book earnings on the cash received. Without a dividend, equity stock of the target should theoretically rise to reflect higher retained income and the acquirer would book an unrealized gain to gross profit (I think). If the acquiring company buys more than 50% of the target, it is likely all revenues and expences would be consolidated and included in the acquiring company's respective accounts as if it was one cohesive whole. Any residual stake in the target owned by a third party would be reflected in a Minority Interest expense on the acquiring company's income statement."}
{"_id": "174335", "title": "", "text": "\"This question had better be asked of the 401k plan administrator rather than here. The plan document that you received when you began participating undoubtedly has a page or more of definitions of the terms used in the contract, and especially so if the meanings are nonstandard. For example, one would expect that a Final Distribution leaves a balance of $0 in the 401k account and so a \"\"per distribution\"\" fee is meaningless in the context of Final Distribution. As the post by mbhunter indicates, withdrawal and distribution seem to be used interchangeably in IRS documents, and so there probably is a nonstandard meaning assigned to these terms in the 401k document. Three possible nonstandard meanings of these two words come to mind. Withdrawal = at the request of the participant, and Distribution = as required by law, e.g. required minimum distribution Withdrawal = anything before age 59.5 or before termination of employment and Distribution =  anything after age 59.5 or after termination of employment Withdrawal = anything on which the 10% excise tax for premature distributions must be paid, or anything that is not eligible for rollover into another tax-deferred account and Distribution = anything on which the 10% excise tax does not need to be paid. But all the above is just idle speculation, and what matters is the plan   document's definitions of these terms, and that can be determined only   if you read your 401k plan document yourself. Reliance on the answers given   by the employer's HR department, or the plan administrator, as to what   the plan document says might or might not be advisable: even the IRS   has been known to give out incorrect information. In general, money cannot be withdrawn from a 401k plan and rolled over (or transferred via a trustee-to-trustee transfer) into another tax-deferred plan  while the participant is still employed by the sponsor of the 401k plan. Since most 401k plans have poor investment choices and excessive administrator fees, reflect that absent this prohibition, most people would with roll over money from their 401ks into their IRAs as often as feasible. You can withdraw money from a 401k account without paying the 10% excise tax for several reasons (including financial needs of various specified kinds), but you cannot then change your mind and put that money into your IRA, telling the IRA custodian that it is a rollover from the 401k. To do so will not just trigger the 10% excise tax on premature distributions from a 401k account, but you will also need to pay penalties for excess contributions to your IRA.\""}
{"_id": "174336", "title": "", "text": "\"If there is any fee at all on the cash advance, and zero interest on the student loans (for now), it's not worth it mathematically.  And for only 8 months of \"\"free\"\" money, it's rare for it to be worth it overall. You need to save a significant amount either by having a good net interest rate (e.g., saving 20% on another card and not paying any interest on the new loan) or by saving a lot on principal (e.g., paying off $100k now and not paying the interest on that for the next 8 months). I wouldn't worry about it hurting your credit score unless your credit is going to be evaluated during the time you're maxing your card. Part of your score (20-30% IIRC) is your credit utilization ratio, which is how much you have available vs. how much you're using. It's separate from the part that accounts for history, so it's only relevant at the time you're looked up.\""}
{"_id": "174363", "title": "", "text": "I actually have a bit of experience with the supplier side of this. Having worked with other people attempting to get the business launched, I can shed a bit of insight. The primary reason for the pricing is that there simply isn't enough competition to warrant dropping the price any lower than it already is. Large companies such as Hallmark will typically buy card designs at 5% of the card's selling price. With their existing distribution network, this makes bringing in new and varied designs much easier for large companies that are already well established. Having talked with such designers in the past, someone working full time producing designs makes on average 30-60k annually from this, which is worth it to someone who doesn't want to jump through the hoops of actually getting into the business independently. The primary issue stifling competition is actually getting your product into stores. There are topics here that I cannot discuss due to NDA, but I can break down the overall outline for you: You need to start with a large number of designs, with enough variety that companies think could sell well. If you bring a handful of designs with you, no company is going to take your business venture seriously enough. You need to find a company that can stamp out a large production process for you. The company is going to need to be nice enough to take smaller purchase orders on the magnitude of several hundred cards, but also be capable of scaling that production to several hundreds of thousands of cards very quickly. For cards specifically, most companies want you to ship custom racks with your cards. Some companies may provide their own racks for stocking your product, but not all of them will. This will also cost a lot of money up front. You need to find a buyer for a company you want to sell your product to. This is important, and what killed our original business plans. Think Wal-Mart, Target, or even CVS Pharmacy. These big companies are going to have people who's entire job is to buy new products to put on their shelves. This is where networking is key, you need to find people with connections to these buyers if you're not already well established with them. You will also likely fail several times, either getting outright ignored, or through a broker that can't meet expectations. For example, we had a broker that introduced us to a buyer for a large store chain, and after several months of work we found out that this broker was just pulling our strings. Typically a company will want to test your product in a handful of stores to see if it will sell. For example, Target may want to test your product in 100-200 stores over 3 months and expect your product to sell at a minimum rate. Finally, you need to be able to scale your production. Suddenly you'll be asked to go from supplying 100 stores to supplying 1,800 stores with a deadline in 2 weeks. Buyers will even turn you down at this point if they don't think you can meet the production. All of this work takes at least a year, and typically takes several years to go from an initial product to having your product in every store. Without breaking the numbers down too much, we could make a profit of ~$1.60 for every $3 card that sold. That number doesn't cover the cost of racks and other overhead, that's just the per-card profit. Even then, people are more likely to go view the Hallmark or other big-name cards over your offering. Only when another company becomes a big powerhouse to be competitive will these companies be forced to drop their prices."}
{"_id": "174367", "title": "", "text": "Video linked by /u/agntz3ro:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [Predatory Lending: Last Week Tonight with John Oliver (HBO)](https://youtube.com/watch?v=PDylgzybWAw&amp;t=32s)|LastWeekTonight|2014-08-11|0:16:32|57,425+ (97%)|8,921,002  &gt; Payday loans put a staggering amount of Americans in debt....  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/agntz3ro ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=dmurx2j\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v2.0.0"}
{"_id": "174384", "title": "", "text": "Many banks here have some kind of service that will do this for you. For example, Wells Fargo has 'Bill Pay On Line'. You can use this to make regular payments - for your rent or mortgage, car payment, utilities and so on. You can also go on line and pay any company or person. If they don't have the facilities to accept electronic payment, the bank will actually mail them a check.  See https://www.wellsfargo.com/online-banking/bill-pay/ and https://www.wellsfargo.com/wfonline/tour/olb/high_flash?deep_link=2 Bank of America has something similar, but this forum won't let me post more than two links.  Go to google and search the name of the bank with 'send payments' or 'pay on line'."}
{"_id": "174404", "title": "", "text": "Ditto @MichaelBorgwardt Just to get concrete: I just checked one bank in India and they say they are paying 4% on savings accounts. I don't know what you're getting or if 4% is typical in India, but it's at least an example. So if the bank pays interest based on average daily balance, and you left the money in the bank for a week, you'd get 4%/52 = .077%. So on Rs 95,000 that would be Rs 73. I live in the US where typical interest on a savings account today is about 1%. So an equivalent amount of money -- I think that would be about $1,500 -- would get 1/52 of 1%, or 29 cents.  Don't leave the lights turned on while you do the calculations -- you'll spend more on the electricity than you make on the interest. :-) ** Addendum ** This suddenly reminds me ... I read a news story a few years ago about a man who was expecting a tax refund check from the IRS of a few hundred dollars, and when the check arrived it was for several million. Well obviously it was a mistake. But he came up with the clever idea: Deposit the check in an interest-bearing account. Promptly contact the IRS, inform them of the mistake, and ask how and where to go about returning the money. Hope that it takes at least a few days for them to figure everything out. Then keep the interest accumulated on the several-million dollars for the time that he had the money. And as he contacted them immediately about the error, they can't say he was trying to hide anything. It was a nice try, but it didn't work. They demanded he send them the interest as well as the principle."}
{"_id": "174406", "title": "", "text": "The best way to do this would be to exchange the funds into USD and wire the funds to your bank account in the US. It is up to you whether you want to hold USD or Euros.  Depends if you plan to invest money in the US."}
{"_id": "174424", "title": "", "text": "Of course for severe acute pain opioids make sense, that's what they are for. But marijuana still has pain reducing effects, and maybe taken in edible form a much healthier long term replacement for opioids or for certain conditions like glaucoma and epilepsy. Not saying I'm an expert or that marijuana is the cure- all but I'm sure it has a respectable place as medicine"}
{"_id": "174450", "title": "", "text": "\"That's what the article says, yes.   &gt;  The bad news is that this is only a \"\"temporary\"\" upgrade. Tesla tells us owners of 60- and 70-series models will only have access to the full battery pack until September 16, presumably time enough for the storm to subside and owners to head back home.\""}
{"_id": "174455", "title": "", "text": "\"&gt; Are you trying to say that all the above will not help the economy and employment?  Well, let's go point by point on this one.  &gt; reducing regulation  You do know that monopolies and mega corporations are bad for consumers, right? Over time, bad for consumers --&gt; bad for economy --&gt; bad for companies/employment. That's basic stuff.  &gt; killing the PTT  Debatable at best. Depends on his ability to get a \"\"better deal\"\". From the fact that many countries have already tried to undercut on, this could cause more issues with trade, rather than fewer.  &gt; killing NAFTA  See above.  &gt; reducing immigration  Well, there's actually pretty strong evidence that increased immigration has a net positive impact on an economy. But you know, scary Mexicans or whatever.  &gt; investing in infrastructure  I guess this depends on the type and cost of infrastructure. If you're talking about a giant wall, plus the roads that would be required to be built just to get the equipment and materials out to the remote border locations in question, only to have a questionable at best impact on illegal immigration, the investment would be a gigantic waste. I'd be interested in seeing specifics about these alleged investments (estimated costs and timeframes, etc), because I have serious doubts about the legitimacy of this claim.  &gt; pulling out from wars (Syria)  When was the last time bombing a foreign country was used as a strategy for pulling out of a war? If he really were going to do such things, it would be great. But there's no evidence that that's happening anytime soon.\""}
{"_id": "174460", "title": "", "text": "If a password has been reversed, will another line be added to the file containing the 0's, or will the line itself be replaced? Some hashes seem to be in the file twice, once starting with 0000 and the other a full 40 char hash. It is possible that two different hashes have the same last 35 characters, but exceedingly unlikely assuming the hashes are randomly distributed."}
{"_id": "174474", "title": "", "text": "Facebook is worth money because it exploits humanity's social instincts to generate ad revenue. No website has ever managed to sustain that for more than 10 years (across generations) and at some point it should be a fantastic short."}
{"_id": "174523", "title": "", "text": "&gt; How do you purpose that these ventures be funded?   By starting small, selling shares, using profits + money from un-secured investors.  Banks are terrible investors: untold amount of them failed because of bad investments, and many of such Banks are still around just due to bailouts.   Landfills and garbage disposal services do provide value: they earn money from a service to dispose the garbage, a necessity for anyone."}
{"_id": "174535", "title": "", "text": "\"Because I'll be investing time, effort, energy and take some initial risks I would like to receive more shares (more than just purely financial contribution would suggest) I don't see money in that list.  How much money will you be contributing to your own project? Mutual understanding, focusing on big image, rather that covering each and every edge case. These kinds of one page agreements are an excellent \"\"idea\"\" and they work just fine when everyone is happy and everything is working well; they are an utter nightmare if anything goes sideways.  Coincidently, the reason you write anything down at all is to have everyone agree on the same big picture at the same time. People's memory of the original big picture gets fuzzy when their money might not come back to them.  You don't need to cover all edge cases, but you need to cover obvious negative outcomes.  What if you can't find a renter?  What if you're late paying someone back?  What if your vendor \"\"repairs\"\" something incorrectly?  What if you forget to get a permit and the vendor needs to come back to tear it all apart and redo the work?  What if your project needs more money, who is required to contribute, who has the option to contribute, who gets diluted?  Who is doing the work of managing the project, how much is that person getting paid, how is that person's pay determined, how can it be adjusted?  Is any work expected from any other investor, on what terms, who decides the terms?  What if you get an offer to buy the building, who decides to sell, etc and so forth and on and on and on... You write down an agreement so everyone's understanding of the agreement is recorded.  You write down what will happen in XYZ event so you don't argue about what you all should do when that event does ultimately occur.  You take as much equity as your other investors will allow you to have, and you give them as much as required to get their money.  Understand that the more cooks there are in the kitchen the more difficult it is to act on a problem when one arises; when not if. Your ego-stroking play to \"\"open source crowd-sourced wisdom\"\" is nothing more than a silly request for vague advice at no cost.  Starting a project on trust, transparency and integrity is naive.  This is about money.  Why on earth should anyone trust you with their money if you won't do the most basic step of stewardship and spend a couple hundred pounds to talk to a local professional about organizing your first ever project. To answer your question directly, the first precaution you should take is not taking money from any of your friends or family.\""}
{"_id": "174543", "title": "", "text": "\"It really depends on what your goals are.  If your intent is to benefit the charity, I'm sure that they would tell you that the sooner you give them the money, the better. If they think that the money would do them more good invested then spent, they will invest it.  The money you have sitting in your \"\"charitable account\"\" doesn't benefit anyone until you give it away. It really doesn't benefit you, either. You take your tax deduction when you contribute, and it is really out of your hands at this point.  The only reason I could see for using a charitable account this way is if you don't know who you want to give money to. If this is the case, you can contribute money to your charitable account now and take the tax deduction now, and wait to identify a worthy charity later.  But if I were you, I wouldn't wait too long to find someone to give the money to. There are lots of good organizations that would do a lot of good with that money, and the sooner they get it, the better. If you skip the charitable account and donate directly to them on a regular basis, you can experience the joy of partnering with a charity to help people. If you decide in the future to switch to a different charity, then you do so. Waiting until the \"\"right time\"\" to donate doesn't really do anyone any good.\""}
{"_id": "174548", "title": "", "text": "Yes. The land is divided into smaller parts and residents own the land in the same proportion their stake in the apartment building."}
{"_id": "174582", "title": "", "text": "Bad signs:"}
{"_id": "174583", "title": "", "text": "Let's say the company has a million shares valued at $10 each, so market caps is $10 million dollar = $10 per share. Actual value of the company is unknown, but should be close to that $10 million if the shares are not overvalued or undervalued.  If they issue 100,000 more shares at $10 each, the buyers pay a million dollar. Which goes into the bank account of the company. Which is now worth a million dollar more than before. Again, we don't know what it is worth, but the market caps should go up to $11 million dollar. And since you have now 1,100,000 shares, it's still $10 per share.  If the shares are sold below or above $10, then the share price should go down or up a bit. Worst case, if the company needs money, can't get a loan, and sells 200,000 shares for $5 each to raise a million dollars, there will be suspicion that the company is in trouble, and that will affect the share price negatively. And of course the share price should have dropped anyway because the new value is $11,000,000 for $1,200,000 shares or $9.17 per share."}
{"_id": "174596", "title": "", "text": "\"&gt;Why should ISPs be allowed to charge twice for the same service?  It isn't the same service.  &gt;I as a consumer already pay for it.  You pay for the roads, but that doesn't entitle you to free delivery of goods from UPS or FedEx, does it?  &gt;And I choose who gets my traffic.  It's interesting that you're viewing it as \"\"your traffic,\"\" considering that the content is being delivered *to you*, and not vice versa.\""}
{"_id": "174601", "title": "", "text": "Your bank will convert it (taking a fee for that, of course). It might be delayed some days so it can clear (2-3 days)."}
{"_id": "174605", "title": "", "text": "Politics are never good for business.  Are they going to ban all transactions with nations where homosexuality is illegal?  Or will they use it to appease a group of people who don't drive business or profit in order to virtue signal.  Most likely the latter."}
{"_id": "174619", "title": "", "text": "Toronto is small relative to the states. Have you considered moving to NYC or even Chicago?  Everyone seems to be wanting in right now. I know of a guy with a master's from the london school of economics, CFA level III who's just started as an unpaid intern(not me).  You might be better off working a job wherein you actually produce something good for people to make money rather than just siphoning funds from others. Then you'll have funds to start your own trading unit with talented people you respect and trust."}
{"_id": "174625", "title": "", "text": "Does such insurance make any sense or is it just wasting money for passengers? As with most insurance, it depends. If you just look at the probability of a payout, the cost of the insurance, and the payout amount, then statistically it will always be better to avoid buying insurance. This is because there is a certain amount of overhead in an insurance company, like the commissions and salaries you mentioned. The goal when buying insurance should be to avoid a cost that you cannot afford or is inconvenient to be able to afford. For example, if your family would be devastated financially by your death then it would make sense for you to buy some sort of life insurance. Whether or not this particular insurance makes sense for you depends on your financial situation and risk tolerance."}
{"_id": "174659", "title": "", "text": "Internet has brought a lot of changes to the current technological world. The main purpose of why people use internet is to find out the most relevant information that they really need. In the present day, one of the widely used source of news is the Newswire. To distribute information to a mass population, it is the simplest and the most preferred method that is mainly used by many business concerns and PR agencies to spread some effectual hearsay on the internet."}
{"_id": "174670", "title": "", "text": "\"Rules of Engagement. It's what allows for things like this to happen hopefully without sparking an all out war. From the article:  &gt;Coalition officials then contacted their Russian counterparts via a \"\"de-confliction line\"\" to stop the firing. But about two hours after the first strike by pro-Syrian government forces, a Syrian SU-22 fighter dropped several bombs near SDF fighters south of Tabqah. &gt; &gt;\"\"In accordance with rules of engagement and in collective self-defense of Coalition partnered forces,\"\" the release said, the SU-22 \"\"was immediately shot down by a U.S. F/A-18E Super Hornet.\"\"\""}
{"_id": "174674", "title": "", "text": "DFP Building Services are reliable and trusted professionals in refurbishments and remodeling of your home or any private building. Whether you are looking to remodel a single room or want to refurbish your entire house. Our teams of skilled professional are fully qualified. Our refurbishment service includes complete refurbishment, remodeling, plastering, flooring, carpentry whichever is required."}
{"_id": "174693", "title": "", "text": "That's a very good point. As much as I love cars I'd be happy to have the choice of any high end car on demand at the touch of a button, and not have to maintain it or take the hit of depreciation.   The insurance premium then will be down to manufacturers or car suppliers, who are probably big enough to run their own insurance schemes.   In this scenario perhaps it doesn't bode well for Geico, unless they get into the car business."}
{"_id": "174706", "title": "", "text": "\"I hope that finally, for the first time, someone (Corzine) will go to jail for mishandling investments and financial transactions.  He invested clients money in something that they did not allow and not allowed by law, and, on top of that, a large amount of money has \"\"disappeared\"\".  No need for more financial regulation: the old ones, from the 60s and before cover this kind of crime. All the new regulations enacted after Saving &amp; Loans, Enron, Worldcom, AIG/Subprime simply do not work. If someon wants to steal and cheat, they will do it despite the law.  Sending them to Jail will have better results!\""}
{"_id": "174714", "title": "", "text": "\"When you pay the flight, hotel, conference attendance fees of $100: When you repay the credit card debt of $100: When you receive the gross salary of $5000: Your final balance sheet will show: Your final income statement will show: Under this method, your \"\"Salary\"\" account will show the salary net of business expense. The drawback is that the $4900 does not agree with your official documentation. For tax reporting purposes, you report $5000 to the tax agency, and if possible, report the $100 as Unreimbursed Employee Expenses (you weren't officially reimbursed). For more details see IRS Publication 529.\""}
{"_id": "174729", "title": "", "text": "I'm not sure why you're getting downvotes.  Digital/internet companies are one of many types that excel for individuals because they have extremely low overhead. It takes barely anything to start up if you're doing something like consulting, advertising, etc.  Brick-and-mortar businesses are a much higher risk."}
{"_id": "174733", "title": "", "text": "&gt; No, because we would be there way faster if the moronic Republicans didn't fight it constantly. In fact, if it wasn't for those dickheads global warming wouldn't even be an issue.  What? You can't seriously think US Republicans are solely responsible for global climate change."}
{"_id": "174761", "title": "", "text": "Depends on what you are doing, in energy trading it is all about R and SQL, I still use Python for scraping and as a general scripting language though. In my opinion if you know how to program in one language you can likely pick up a different language without too much trouble, at least that has been my experience. So for entry level just showing that you can program in anything might be enough."}
{"_id": "174771", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-24/india-to-inject-32-billion-to-bolster-capital-at-state-banks) reduced by 81%. (I'm a bot) ***** &gt; India will inject 2.11 trillion rupees of capital into state-controlled lenders over two years, an amount that&amp;#039;s ten-fold higher than the government&amp;#039;s previous pledge as it seeks to revive growth in Asia&amp;#039;s third-largest economy.  &gt; The government will sell 1.35 trillion rupees of recapitalization bonds while banks will raise another 760 billion rupees through &amp;quot;Budgetary support&amp;quot; and from the markets, Rajiv Kumar, banking secretary at India&amp;#039;s Finance Ministry said at a briefing on Tuesday.  &gt; The new funds will help banks, that have been plagued by rising stressed asset ratio, revive lending growth from a 25-year low.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78pldf/india_to_inject_32_billion_into_state_banks_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~235025 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bank**^#1 **government**^#2 **lenders**^#3 **year**^#4 **India**^#5\""}
{"_id": "174774", "title": "", "text": "Mastercard rules also prohibit asking for ID along with the card. Yet, when I was at Disneyland, years ago (so I don't know if this is still a practice) they asked for my driver's license with every purchase. I can charge up to $200 at Costco with a swipe, not even a signature, but a $5 bottle of water (maybe it was $6) required me to produce my license.  The answer is Pete's comment, don't patronize these merchants. By the way, it's legal now. From Visa web site -  Note - 9* states still prohibit surcharges, so they tend to offer cash discounts. The question you linked is from 2010, things change."}
{"_id": "174784", "title": "", "text": "CrimsonX did a great job highlighting the primary pros and cons of HSAs, so I won't go into detail there. However, I did want to point out another pro - HSAs are (or can be) easy to manage. You said: Is this a better way to approach health care costs instead of itemizing health care expenses on yearly federal taxes? I'm not sure which company you are looking at establishing your HSA with, but with mine I have a debit card that I use when paying for medical care and then at the end of the year I get a 1099-SA that provides the amount of money spent on qualified purchases that calendar year. Yes, there are a few extra boxes I need to fill in for my 1040 come tax time, but I don't need to itemize my healthcare costs over the year. It really is pretty simple and straightforward. Also, one con that is worth noting is that you become much more sensitive to healthcare costs due to the high deductible healthcare plan an HSA requires. For example, in all the years we've had an HSA we've not yet met our deductible, which means we pay out of pocket for any non-routine doctor visits. (The health insurer pays 100% of routine visits, like my wife's annual, well-baby check ups for the little one, and so on.) So, when you're feeling really sick and think a doctor's visit would be warranted, you have to make a decision: After being faced with this decision a time or two you will start to envy those who have just a $20 copay! Of course, that's just an emotional con. Each year I run the numbers on how much we spent per year on out of pocket plus premiums and compare it to what it would cost in premiums for an HMO-type plan, and the HSA plan always comes ahead. (In part because we are a pretty healthy family and I work for myself so do not get to enjoy group discount rates.) But I thought it worth mentioning because there are certainly times when I know I need to see a doctor or specialist and I cringe because I know I am going to be slapped with a big bill in the not too distant future!"}
{"_id": "174787", "title": "", "text": "Hahaha 'grand speech.' Good one.  I'm saying if I, an outsider, see a company paying people less than what I think the job is worth, but somehow the company retains employees, yes, I say nothing. Because it's none of my fucking business what a company pays it's employees. If they don't like it, they can walk. If they stay, (as they must do in order for you to complain about it) then clearly the wage is worth more than the alternative.  Or maybe you think the world owes you something?"}
{"_id": "174789", "title": "", "text": "It matters on the business. If we are talking human resources, sure. I can technically run 20 CNC mills (manufacturing) by my lonesome and make a killing. But yes, the more time you have, the more you can make. Time can be created through multiple people or multiple machines (job time becomes divisible)."}
{"_id": "174793", "title": "", "text": "\"I'm not a fan of \"\"You have $2000 worth of transactions before you have to give us your checking account number\"\", even though they are nice enough to let us delete and recreate our accounts.  I wonder how many of the cuts are engineers and how many are bureaucrats.\""}
{"_id": "174795", "title": "", "text": "For less than that you can get wings and nachos at a place on a college campus (so it isn't even cheap) and it will be more food than two people can possibly eat _and_ be really fucking good.  Now I want to go get nachos..."}
{"_id": "174799", "title": "", "text": "&gt; A real choice to opt out would not require you to move.  Okay, let's imagine a system that gives you this freedom. Let's say people in the US can chose one of five governments to represent them.  How do you see the military being funded in this scenario?"}
{"_id": "174800", "title": "", "text": "200 is not normal. 140-160 including signing bonus, stock compensation, and base is doable if you go to the big tech companies. That said, it\u2019s like getting into an Ivy League... most wont. I\u2019d say 100-110 is common in the Bay Area.   To clarify, this is new grad. For experienced folks 200k total comp is common."}
{"_id": "174818", "title": "", "text": "\"&gt; The fact that there is way more educated people than is even remotely necessary.   Yes, you got it!   I agree with you and this is the bottom of line of the whole story.  Once, to finish high school was not an easy accomplishment. To be accepted to college was an accomplishment, to survive the first year was an accomplishment, and not to mention to graduate with a bachelor degree.  The few who managed to accomplished that were accomplished men and women who got full benefits of their accomplishments, guaranteed!!!!  Today, also as a former adjunct professor in college, I can tell you you that anyone graduates from high school (\"\"no student left behind\"\"), everyone(!), many barely know how to read, write or even tackle a simple logical question. And same in college: I was told I can't fail my students except in extreme cases.  So what do we have here? You said it correct and clearly:  &gt;Everybody having a college degree drives the value down for everybody...which is exactly what is happening.  Further! It's just an industry to make money, put people into debt, give them almost worthless pieces of papers, force them to also study for a master's degree and reduce the pay for qualified people with degrees. Even Harvard! You would think that for $80,000/year tuition, you get good education. Instead, you are put in a auditorium with 500 other students for lectures.  &gt; Things need to be turned on their head.   Yes! You got it here too!  &gt; I propose that Colleges need to receive their income as a percentage of the first 10-15 years of income from their students.  Disagree! I propose to make the requirements for finish high school and college degrees much much higher, as it was in the past.  As you said, too many people have [worthless] degrees!!!!  The few who get degree, are accomplished people and will reap the benefits, including their employers.   This is also the best formula for people to come out of poverty and low social-economic family background.  Right now, if you are smart but from a poor background, oh yes, you get a degree, but it's worthless and won't help you much.   But if the requirements are high, and you are smart, you are all set!  As for people who fail high school and don't get degrees, they will not be spoiled as today's kids with all their degrees! Someone needs to be a plumber, electrician, trade or a clerk. And these jobs make very good many, much better than bank tellers with a bachelor degree.  Finally, there's no way someone who graduate high school today, even a relatively good student, that they could survive high school of the 50s and 60s. They will fail miserably, also for bad attitudes, discipline, and capacity to handle simple requirements.\""}
{"_id": "174824", "title": "", "text": "&gt;  it allows for teachers to teach in a certain way that is better for their demographic.  It doesn't teach the teachers spanish, or give the school the higher funding needed for special needs kids.  There are schools for secondary english speakers and special needs kids.  But with a voucher system, that doesn't get designated, it gets discovered after kids start failing, because they can't understand the teacher.  And even after it is discovered, there's no fix for it because the vouchers have soaked up all the funding.  &gt; You don't get either of those at schools where there is almost no poverty.   Crazy officer Bob is at the private school down the road, behind a white picket steel tipped fence, 500 cameras and a 20 man team of idiots just like him.   I've been in jails that weren't as oppressive as that really nice school."}
{"_id": "174829", "title": "", "text": "You should begin job searching NOW. I'm going to echo the rest of everyone here and say that the CFA is nice and all but not key to getting a job. Get networking and get experience. Without experience, you have a lot of knowledge that you've never used before in a practical setting and practical knowledge trumps textbook knowledge most days of the week."}
{"_id": "174831", "title": "", "text": "That makes me happy, they really portrayed Ray as an asshole, but it took a lot of vision and hard work to build that kind of empire, and it clearly wouldn't have been the same if left to the brothers. I'm glad they were happy with their buyout. I'm not sure I would be after seeing what it would become."}
{"_id": "174832", "title": "", "text": "\"Many in management seem to live in an alternate reality from those who work for a living. When IBM shunted some techs into another company they put them on probation for a year (even though they were high performers - some with 25+ years at IBM = no job security) and cut their pay 25%.  The next time they went to move workers the first question was \"\"how much is the pay cut this time\"\". Management's reply, \"\"No pay cut because we found when we did it before it negatively affected morale.\"\"   I thought: \"\"No kidding. They had to actually cut people's pay 25% to figure that out? What planet DO they live on?\"\"\""}
{"_id": "174844", "title": "", "text": "Let me try to explain my viewpoint on this, because to come right out with it would lead to an onslaught of downvotes immediately without consideration.  Suppose you have a Methodist church that needs a new pastor. The qualifications would include, among many other things, a basic understanding of and belief in Chrisitianity. Hiring someone who didn't subscribe to their religion would defeat the purpose of the job. You could say that religious beliefs are inherent to the position, which is accounted for in our legal system as an exception.  On the other hand, imagine an atheist organization of some sorts wants to hire a new chairman. Other qualities aside, what do you think would be the one trait required of said position? Atheism, obviously. Would it be wrong to deny someone this job if they were a strident Baptist? Not really. The organization is promoting atheism, so said candidate's beliefs would cause an issue with their overall goals.  I guess what I'm trying to point out is that if you're specifically a religious company (or specifically *not* a religious company), it would make sense to hire along those lines.   This lightbulb company has chosen to organize itself strongly around Christian employees. In a way, they've dug their own grave by limiting their pool of applicants to, it would seem, rather zealous adherents. It's one of those situations that's unfortunate, but I don't necessarily think there's a basis for it to be *illegal*.   If he was a long-term employee of theirs and they had wrongfully terminated them, that'd be a different situation altogether. This was just a job interview."}
{"_id": "174860", "title": "", "text": "It's not my fault that she didn't know better.    I never said she should abstain from sex if she didn't want to get pregnant.  You misunderstood what I said.  If you are in a situation like her, you should either take extra precautions when having sex or just avoid having it until you get to a better place.  She obviously wasn't responsible enough to have sex safely so yes, I think it would have been wise for her to abstained from sex until she got her life in a better place."}
{"_id": "174889", "title": "", "text": "It doesn't make rational sense, if you think the goal of having money is to have more money.  On the other hand, imagine you are someone for whom the goal of having money is to feel powerful, successful, and to be able to tell the world in no uncertain terms to fuck itself. Imagine on top of that, you already have enough money that _your money alone_ is earning you enough to keep you in the good life, and will likely continue to do so for a long time.  In that position, being able to hold a cheque for $300m and _not_ cash it would be the ultimate validation of all the things you got rich for in the first place."}
{"_id": "174893", "title": "", "text": "I think its unrelated, The other stock companies were already taking a beating.. Then this news gives traders a good reason to beat it up some more. It's a good time to buy they will surely go back up. This is nothing the market cant recover from."}
{"_id": "174909", "title": "", "text": "no, he sat next to the wife of the bigshot. who (for whatever reasons) then coaxed her husband into giving him a job. that is lucky even for a well-connected person. he sits at another spot... no job. (he wasn't actively seeking employment at Salomon)"}
{"_id": "174912", "title": "", "text": "Sure.  PM me a dropbox link or something or your e-mail address and we can connect that way.  Biggest piece of advice, get on the phone and just call call call.  Have a pitch ready that's clean and clear and don't be afraid of no.  This is the time for you to learn how to call and sell, cuz that's what it's probably going to take in today's market.  Differentiate yourself.  No other new graduates are calling business leaders... maybe that's why you deserve the job."}
{"_id": "174926", "title": "", "text": "These Japanese devices are known as the shonishin and they are not embedded into the body but rather kneaded to fortify the skin meridians. The instruments utilized for the different needle therapy can be silver, gold, and stainless steel and copper they can be cleaned disinfected and reused."}
{"_id": "174932", "title": "", "text": "\"I think the idea is \"\"freedom of the press goes to the guy who owns the press\"\"  In terms of false advertising, that applies to an outright lie \"\"our paint lasts forever\"\" and it doesn't. There are all kinds of laws and precedent which protects advertisers from their own lies. Look up \"\"puffery\"\" as an example. Judges figure you if you are stupid enough to believe, for example, any claim made regarding supplements, alternative medicine, \"\"natural foods\"\" and so on, well too bad for you.   It sucks but thats the way it is.   Even if, for some reason, preventing negative reviews were possible legally, they'd just use sock puppets to post positive ones. Look at many of the comments concerning products on Reddit. Can it be that so many people are passionate owners of Tesla that any discussion of its many failings are immediately shouted down?   Well, there is the stupid factor, I guess.\""}
{"_id": "174941", "title": "", "text": "I came across such a situation and I am still facing it. My friend borrowed my credit card for his expenses as he had misplaced his debit card and for the time being had asked for my credit card to handle the expenses he does. He paid for initial 2 months and then was not able to make payments, mainly due to not being able to arrange money or if it was a contri party, he would collect cash from friends but again spend the same. Months passes by... the bill had come upto 65k and calls from bank and other respective organizations Finally my dad came into picture and slowly the issue is resolving he has paid 50K remaining is still pending.   So basically, the reason I shared this part of story was he is my Best friend and in order to not spoil our friendship I did not want to take any such step which would later on affect our friendship. This completely depends on the individuals how they react to the situation. Keeping Ego, superiority, favour sort of feelings and words apart things can be resolved between friends. You do not know what is the situation on the other side.  Probably you can connect with him ask him to explain you why is not able to pay the debts and take action accordingly. If he is not able to provide a proper reason then you may take some actions like mentioned in initial answers, run after the assets he own or anything else.Stay Calm and patient. Do not take any such step which you would regret later on...!"}
{"_id": "174944", "title": "", "text": "There's definitely been plenty of corruption, such as through gerrymandering, and your reference to plutocracy has merit.  I disagree that we should ever want a democracy though. This country was established as a republic and needs to retain protections for the individual against mob rule."}
{"_id": "174959", "title": "", "text": "Don't try because it's a moving target. A thriving economy on paper can be entirely valuation based. It tells you nothing about distribution of wealth in the economy. The majority would be destitute and we could still be talking of booming times if speculative markets can find creative ways of growing valuations of existing assets with credi growth. All that is needed is for two people to bid a painting to 100 million for the painting to have contributed positively to a growth in the value of goods and services in the economy. The same is done with intellectual property and corporate valuations. Good times are times when capital gains can be seized on account of expansionin of credit or government spending. Recessions are closer when governments try and pull in more than they spend and when lending can't expand. Government spending is increaasing these days despite talk of the contrary."}
{"_id": "174986", "title": "", "text": "I think we are just close to  point where there are so many people working in the job market that youre not going to have any more hiring going forward. Trump had some hype when he came into office that rippled onto the market resulting in these stock market gains and then the job growth as the after effect. but now that is finished. the stock market is at huge valuations, and its hard to see increases in corporate profits from here (given that the credit market is going to cut down the supply of loans going forward)  that could spark another hiring rally."}
{"_id": "174987", "title": "", "text": "Pay down the lower balance on the rental property. Generally speaking, you are more likely to need/want to sell the rental house as business conditions change or if you need the money for some other purpose. If you pay down your primary residence first, you are building equity, but that equity isn't as liquid as equity in the rental. Also, in the US, you cannot deduct the interest on a rental property, so the net interest after taxes that you're paying on the rental narrows the gap between the 4.35% loan and the 5% loan."}
{"_id": "175019", "title": "", "text": "You are neglecting a few very important things around real estate transactions in Belgium So in the end a 300K building may cost you more than 340K, let's take some unexpected costs into account and use 350K for remainder of calculation. Even worse if it's newly built (which I doubt) the first percentage is 21% (VAT) instead of 10%. All these costs can be checked on the useful site www.hoeveelkostmijnhuis.be Now, aside from that most banks will and actually have to demand you pay part of all this yourself. So you can't do 5*60K (or 5*70K now). Mostly banks will only finance up to about 90% of the value of the building, so 90% of 300K, which is 270K (5*54K), the other 80K (5*16K) you have to pay yourselves. But it could be the bank goes as low as 80%. Another part to complicate the loan is how much you can pay a month. Since the mortgage crisis they're very strict on this. There are lots of banks that will not allow you to make monthly payments of more than 33% of your monthly income when you are going to live there. This is a nuisance even when buying one house, you want to buy 2. Odds seem low they'll accept high monthly payments because you either need an additional loan or need to pay rent, so don't count on a 5y deal. Now this is all based on a single loan, it will probably be a bit different with multiple loans. However, it is unlikely any bank will accept this, even if all loans are with the same bank. You need to consider the basics of a real-estate loan: A bank trusts you can pay it off and if not they can seize the real-estate hoping to regain their initial investment. It's very hard to seize a complete asset if only one out of 5 loan-takers defected. You could  maybe do this with another less restrictive/higher risk type of loan but rates will be a lot higher (think 5-6% instead of 1.5%). And don't underestimate the running costs: for that price and 5 rooms in that city you're likely looking at an older building. Expect lots of cost for maintenance and keeping the building according to code. Also expect costs for repairs (you rent to students...). You'll also have to pay quite a bit of money on insurances and of course on real estate taxes (which are average in Ghent). Also factor in that currently there is not a housing shortage for Ghent students so you might not always have a guaranteed occupation. Also take into account responsibility: if a fire breaks out or the house collapses or a gas leak occurs, you might be sued. It doesn't matter if you're at fault, it's costly and a big nuisance. Simply because you didn't think of any of this: don't do this. It's better to invest in real estate funds. But if you still think you can do better then all the landlords Ghent is riddled with, don't do it as a personal investment. Create a BVBA, put some investment in here (like 10-20K each), approach a bank with a serious business plan to get the rest of the money as a loan (towards a single entity - your BVBA) and get things going. When the money comes in you can either give yourselves a salary or pay out profits on the shares. You may be confused about how rich you can become because we as a nation tend to overestimate the profitability of real estate. It's really not that much better than other investments (otherwise everybody would only invest in real estate funds). There are a few things that skew our vision however:"}
{"_id": "175027", "title": "", "text": "Laptop Screen--Laptoplcdscreenstore.com is a world recognized laptop screen store where you can purchase laptop screen of popular brands such as Dell, Acer, Compaq, LENOVO, Asus and many more. Providing an unmatchable quality at unbeatable prices, the store offers special deals on selected laptop LCD screens exclusively for you."}
{"_id": "175029", "title": "", "text": "Register an account with multiple transfer services and see who will actually give you the best rate, including any fees charged by the service itself, at the time you want to make the transfer. Research the available methods to get the money into and out of the transfer service to five the lowest cost options, which would ideally be free on both ends. Be patient. It can take a week for money to arrive in your recipients account depending on the methods of getting the money into and out of the transfer service. You might also be called to verify the transaction before it goes through."}
{"_id": "175035", "title": "", "text": "I think technically the MIR includes the date of issuance but not the time, see the references here. What you have there looks like a timestamp followed by the MIR. If you look at this example from IBM they also show the input time as a separate field."}
{"_id": "175038", "title": "", "text": "Last stat I read was that about 20% of oil consumption is due to ice vehicles.    Keep in mind electric vehicles need to be charged.  Much of that consumption will be fueled by oil.    Demand may go down for vehicles, but I Su\u2019s ups to demand will continue to climb for the other 80% of today\u2019s oil consumers."}
{"_id": "175055", "title": "", "text": "You may use an app called Flipp (or one that serves your area) to check fliers while in the store. If your preferred store has a price match policy, this can save you a few bucks every trip. Just look up at the app what you are buying and price match it over the cashier. It may or may not work on your store, always ask first. Try to learn some of the products you always buy regular prices. That way you can tell a real special from a fake one, like I write here about the 2/$5 specials. Buy generic brands for things you don't care that much, like bleach and other cleaning products that does not have a real quality difference from the branded ones. Try different cheaper brands until you find one that is ok for you. There are lots of ways to save money on groceries, you just need the will to do so ;) Good luck!"}
{"_id": "175067", "title": "", "text": "You're implying that Whole Foods' margins on many items is [in the 30% - 40% range.](http://i.imgur.com/xUG4lOw.png)  That's much higher than I would have expected.   My guess is they'll be scrapping the most expensive product lines, though - the whole trade organic, for example."}
{"_id": "175072", "title": "", "text": "\"If you are in the US, you legally must file taxes on any income whatsoever.  How much you will pay in taxes, if any, will depend on your total taxable income. Now, for small transactions, the payments are often not reported to the IRS so some people do not file or pay.  The threshold at which they payer is required to send a 1099 to the IRS is $600.  Patreon considers each donation a separate transaction and therefore does not send a 1099 to the IRS unless you make more than $20,000 in a calendar year.  If they do not report it, the IRS will not know about it unless they audit you or something.  However, you are technically and legally responsible to report income whether the IRS knows about it or not. -------- EDIT ------- Note that the payer files a 1099, not the recipient. In order to report your patreon income you will either use schedule C or add it to the amount on 1040 line 21 (\"\"other income\"\") depending on whether you consider this a business or a hobby.  If it's a business and it's a lot of money you should consider sending in quarterly payments using a 1040-ES in order to avoid a penalty for too little withholding.\""}
{"_id": "175079", "title": "", "text": "Perhaps too much.  We have made public schools and the police responsible for dealing with widespread societal failures.    Parents don't get paid a decent wage, so schools have to provide breakfast and lunch.  We don't have public healthcare that covers mental health we leave the insane to become homeless and ask the police to deal with them."}
{"_id": "175100", "title": "", "text": "The best learning technique for me is not to dredge through books in order to gain a better understanding of finance.  This is tedious and causes me to lose interest.  I'm not sure of your tolerance for this type of learning.  I tend to learn in small pieces.  Something piques my interest and I go off reading about that particular topic. May I suggest some alternate methods:"}
{"_id": "175107", "title": "", "text": "If you just want to know total return, either as dollars or a percentage, just add up the total amount spent on buys and compare this to current value plus money received on sales. In this case, you spent (310 x $3.15 + $19.95) + (277 x $3.54 + $19.95). So your total investment is ... calculator please ... $1996.98. You received 200 x $4.75 on the sale minus the $19.95 = $930.05. The present value of your remaining shares is 387 x $6.06 = $2345.22. So you have realized plus unrealized value of $2345.22 + $930.05 = $3275.27. Assuming I didn't mix up numbers or make an arithmetic mistake, your dollar gain is $3275.27 - $1996.98 = $1278.29, which comes to 1278.29 / 1996.98 = 64%. If you want to know percentage gain as an annual rate, we'd have to know buy and sell dates, and with multiple buys and sells the calculation gets messier."}
{"_id": "175108", "title": "", "text": "\"Be patient, I think it's virtually guaranteed you'll get your money back. As you said it's probably \"\"sitting\"\" somewhere but it might take a while for the transactions to clear.\""}
{"_id": "175117", "title": "", "text": "\"The fact that you can't see how \"\"insider trading\"\" isn't an oxymoron, because it does not contradict itself, is absolutely astonishing. And then you have the balls to call someone else dumb, all while claiming you can beat the market with your superior intellect.  Amazing.  &gt;How the fuck do you think these hedge funds and investment banks can offer almost 50% returns during these times in our economy???  Why don't you show me an investment bank earning a \"\"50% return\"\"? In fact, do you even know what investment banks do?\""}
{"_id": "175139", "title": "", "text": "The best way to invest 50k Indian rupees is in a 5 Year NSC(National Saving Certificate which can be obtained at the Post Office) yielding interest 8.1% p.a. (at present), which is more than the effective FDR interest rate offered by any bank in India. Investment in an NSC also permits a deduction u/s 80C of the Income Tax Act, 1961. So, investing in an NSC will save tax and get a higher return/benefit for your investment."}
{"_id": "175147", "title": "", "text": "People romanticize it. I just finished a prestigious MBA and the number of people who were obsessed with PE found it to be this super sexy niche of finance. If you are a partner it can be great, but it takes a long time to get there and necessitates you being on the ground floor of the firm. Otherwise its ibanking with better hours/pay."}
{"_id": "175164", "title": "", "text": "You put your Michigan address. The incorporation address is of no concern for the IRS, they couldn't care less where you're incorporated - it has no effect on your tax liability. The address is used when audited, and the IRS expects you to give the address where the records are (i.e.: where the business, aka you, is physically located)."}
{"_id": "175196", "title": "", "text": "What? My last room mate was a teller, and I can tell you this isn't the case. If you're given a bad payroll cheque or a bounced cheque the bank will know before its transferred. If payroll bounces find a new job because you're fucked.   If you're working for a company that makes over 1 million a year, they can issue paper cheques but choose not too for whatever reason."}
{"_id": "175199", "title": "", "text": "Typically labor is a company's largest expense. So, when a company receives tax cuts that doesn't translate to more hiring. Long term, if the company expands it might, but it could also choose to invest in a better or different products, maybe more efficient business processes, or invest in overseas operations. Additionally, labor has a diminishing value... just because we could hire more people to make more things doesn't mean we should.   Side note: In many states, the largest employers are the state/local governments (schools, public services, etc), and healthcare providers.  This tax cut is great for people that are already invested, or high income earners because it lowers the overall tax brackets and aligns capital gains to those. So say I had a million dollars invested and earned a yearly 10% dividend return, I'd earn 100k in dividends and pay 25% as income tax. Source: https://www.forbes.com/sites/anthonynitti/2017/07/13/what-will-the-trump-tax-cuts-mean-for-your-wallet/  However, something like 50% of all Americans are invested in the stock market. Only the top 10% average investments close to a million in investments (example above)... and 38% of all investments are owned by the 1%... Source: http://www.npr.org/2017/03/01/517975766/while-trump-touts-stock-market-many-americans-left-out-of-the-conversation  Tax cuts, while popular, wouldn't ever help stimulate consumer spending, esp. considering the amount of consumer debt that exists (~1 Trillion?). What these tax cuts would do create more debt for tax payers."}
{"_id": "175200", "title": "", "text": "@foreverBroke - Ok, here are the questions - Is mom's house paid for in full? If there's any mortgage, is it current? If not, what are the numbers? Is it underwater, i.e. owe more that it's worth?  Will the tax department talk to you and negotiate? Maybe let you make payments over time? If you have that kind of cash flow, the slower payment may keep you from killing your savings.  We don't know your age. I do know that the early years savings, often around the first 8-12 years, are the funds that turn into half your final retirement savings due to compounding.  Obviously, this a tough time emotionally, what I don't want is for you to make a financial move that is a temporary fix. Not knowing the rest of the story limits my answer. If my mom needed my help I'd want to understand the whole picture.  Not that I'm a fan, but have you considered a reverse mortgage? It may be a way to keep the house but give up the equity, or some of it, on her moving out or passing."}
{"_id": "175201", "title": "", "text": "I just went through this process and found protolabs,  they did end up quite expensive once the tooling came in this was injection moulding. I was looking for 400 a year but would only make sense at 10000 per year. I ended up finding a company that does plastic forming custom design technology that were good on price and the quality was great. PM me if you want details, or just Google them, I'm not your supervisor."}
{"_id": "175210", "title": "", "text": "It has basically been kicked out of every Canadian city for being illegal while the cities make new regulations for them. Now they have the new regulations and it's pretty decent.  They were definitely illegal though (injunctions issued and everything), but now operate within the laws."}
{"_id": "175226", "title": "", "text": "\"As JoeTaxpayer notes in his comment, \"\"answers\"\" to this are really just opinions, so here's mine, for what it's worth. If your risk tolerance is 5 out of 5, you shouldn't have anything in Treasuries.  Those are basically the most conservative of all investments.  This would probably mean no TIPS as well.  If you're more like 4.5 out of 5, you could have some, but just a little; a 30% allocation to government securities is quite conservative.  If you want to diversify across different asset classes, you could consider a bond fund like (for instance VBMFX, the Vanguard total bond market index fund).  Your portfolio doesn't currently contain any (non-government) bonds, which is something to consider. 20% seems like quite a large allocation to REITs.  Most sample portfolios I've seen allocate no more than 10% to REITs, often no more than 5%.  There are some that have more like the 20% you're envisioning, but you might want to ponder that a bit more especially in light of your concerns about REITs being at an all-time high. As for your question about all-time highs, it's reasonable to think about, but I think waiting for 30-50% off all-time highs is unrealistic.  Looking at a chart of VFINX (essentially the S&P 500), I see that at the nadir of the recent downturn, in early 2009, the market was at about 50% of its pre-crash all-time high.  At the nadir of the dot-com bust, the market was about 45% off its pre-crash high.  If you're waiting for it to be 50% off it's all-time high, you're not just waiting for \"\"a good time to invest\"\", you're waiting for a major crash. It could certainly make sense not to immediately put everything into US stocks, but that doesn't mean you should put nothing in.  As Trevor Wilson commented, you could put some of the money in and then gradually add the rest over time, reducing the risk of unluckily buying at the peak.  (This can also reduce the psychological angst of worrying about whether you're doing the right thing, which is worth taking into account.)  Also note that if you get rid of the treasuries, you eliminate a good chunk of the stuff that you thought was too close to the peak anyway. Your two basic points (asset allocation and low-cost funds) have a strong Boglehead flavor.  You may already have looked at the Bogleheads wiki; if not you should take a look.  If you are comfortable with that philosophy (and I think it's a sound one), you should remember that part of that philosophy is not worrying about \"\"timing the market\"\".  You pursue a buy-and-hold strategy if you believe the market will go up in the long term and don't care much about what it does in the short term.  That said, as mentioned above, you might want to ease in your investment over time, rather than buying all at once, if only to avoid tearing your hair out if the market goes down in the short term. Incidentally, your proposed portfolio is similar to this one that they mention, although as I said above I think this is too conservative if you are 30 years old and consider yourself a \"\"5 out of 5\"\" in terms of risk tolerance.  I'm not sure if you already saw that in your research, but since that portfolio apparently has a name and is known, you might be able to find information about its risks and benefits by searching for discussion of it by name.\""}
{"_id": "175232", "title": "", "text": "\"Its their website, isn't it? So they can enact any policy they want, delete any comment, etc.. I can't see how you can stop them from using their own property. In fact, by posting a 3 star review, you helped them out.  If you want revenge, start an alternative forum \"\"whyVRBOsucks.com\"\" and open it up to free reviews.\""}
{"_id": "175252", "title": "", "text": "My advice would be to invest in the 401k with the same type of funds you'd purchase when you rollover to your IRA. They are both retirement accounts. If the stock market tanks, your 401k balance will be low but you'll also be purchasing stocks at a much cheaper price when you establish your roth. You should create an asset allocation based on your age, not on the type of retirement account you have. One question to consider: When you do become a student, you'll likely be a in lower tax bracket. Can you contribute pre-tax dollars and then rollover to a ROTH in the year that you're a student?"}
{"_id": "175264", "title": "", "text": "You don't really believe that's an actual thing people think, do you?  That's just being intellectually dishonest, you're creating a comfortable fiction that allows you to not confront the real problem.  The financialization of the economy and all the attendant risks have been well documented.  If you would like to debate the merit of those arguments go ahead, but drop the bullshit persecution complex."}
{"_id": "175265", "title": "", "text": "The most common usage of interest rate swaps is by corporates who issue bonds.  Most US investors (e.g. insurance companies &amp; pensions) want fixed-rate bonds, so that they know what their interest income will be for the life of the investment.  Many financial issuers prefer to have their liabilities be floating rate, so that they will benefit if the Fed keep interest rates at zero for a long time.  So the financial issuer issues the fixed rate bond, the insurance company buys it, and the issuer converts the obligation to floating with an interest rate swap."}
{"_id": "175272", "title": "", "text": "There are a few reasons: 1) Deductions and credits. We have a lot of them. While I suppose we could pass this information on to our employers for them to file, why would we want to? That just unnecessarily adds a middle-man as well as sharing potentially private information more than it needs to be shared. This is the one that effects the most people. 2) Income sources. While normal employment, contract work, and normal investment income already gets reported to the IRS, this is not true for all sources of income. For one, the U.S. is almost completely by itself on actually taxing income that its citizens earn outside of the U.S. While this policy is completely absurd, the only way for the government to know about such income is for the person to report it, since the IRS can't require foreign employers to send information to them. Also, barter income as well as other income that doesn't meet the qualifications for the payer to be required to inform the government requires the employee to self-report. Similarly, capital gains on things outside of normal investments (real estate, for instance) require self-reporting. Having said all of this, U.S. reporting requirements are absurd and illogical. For instance, the IRS already knows about all of my stock trading activity. My broker is required to report it to them. Yet, I still have to list out every single trade on my own return, which is really tedious and completely redundant. For charitable contributions, on the other hand, I only have to give the IRS the final total without listing out all of the individual donations, despite the fact that they don't have that information made available to them by another source. It makes no sense at all, but such is the federal government."}
{"_id": "175296", "title": "", "text": "\"I think reinsurers also by insurance, from other reinsurers. The risk gets spread around, and these guys actually know what they are doing. I've heard insurers sometimes don't (using really rough thumb rules like \"\"buy 2% cats\"\"), and end up with suboptimal reinsurance policies, but they always make sure they are covered. (The reinsurers have a better idea of what the risk is, and can outsmart the insurers when they sell the reinsurance policies).   Expanding on the \"\"2% cat\"\" thing - insurers need to keep enough reserves + reinsurance to cover everything. The gist is, if they buy 2% catastrophe insurance, then the reinsurer will cover losses over 2% of the portfolio, so the insurers only need to cover the first 2% of their portfolio. (It might be a bit more complicated than this, of course).  They might be better keeping higher reserves than 2%, self-insuring more (buying less re-insurance). Or they might be better keeping less than 2% reserves, and self-insuring less (buying more re-insurance). It depends on the price they negotiate with the re-insurer. Whatever the case, they have to make sure that they can cover any disaster (and the government will regulate this, or end up getting pressured to fund bail-outs as insurers go bankrupt and home owners are left with nothing).\""}
{"_id": "175301", "title": "", "text": "We earn so much money when we produce 5,10,20... dollars ! It does't matter if we loose a few money to produce a penny, we have to let money to satisfy its 3 fonctions. One of them is : to be the more precise possible unit of count !"}
{"_id": "175303", "title": "", "text": "Looks like Costco's legal and HR departments are having a rough patch recently:  [NLRB Strikes Down Part of Costco\u2019s Social Media Policy](http://www.jdsupra.com/legalnews/nlrb-strikes-down-part-of-costcos-socia-97561/)  &gt;...in a decision that is likely to have wide-ranging implications for companies\u2019 social media policies, the NLRB issued a decision finding that Costco\u2019s policy prohibiting defamatory statements about the company violates Section 8(a)(1) of the National Labor Relations Act (the Act)"}
{"_id": "175305", "title": "", "text": "Mortgage rates are at record lows. The 30 yr fixed is now below 4%, if you are in the 25% bracket and itemize (state income tax, property tax, donations, easy to pass the minimum) it costs you 3% post tax. This is the rate of long term inflation, effectively making this money free.   You are likely to be able to average a far greater return than this mortgage is costing you. These rates may last another year or two, but long term, they are an anomaly.  ETFs such as DVY (the Dow high dividend stocks) are yielding over 3.75%, 3.2% after the 15% cap gain tax. i.e. you get a small positive return, and the potential for capital gains. If this ETF rises just 3%/yr it's all profit above your cost of money.  That said, there are those who sleep better with a paid in full house, regardless of the rate. To that extreme, I've read those who make paying their mortgage a priority ahead of funding their matched 401(k). While I can guess what the market will return, but can't know what will actual happen, it's foolish to skip one's match. They reason that the market can crash, I reply the 401(k) has to have a short term fund, money market or T-bill type returns, but a 100% match is a no-brainer.  Using an estimated 4% for the 30 and 3.5% for the 15, the payment on the 15 yr mortgage will be 50% higher, $1430 (15yr) for $200K vs $955 for the 30. How does this play in your budget? Do you have an adequate emergency fund? Are you funding your retirement plan at a decent level? In the end, there is no right answer, just what's right for you. Understanding the rest of your financial picture will get you more detailed advice. Not knowing your situation limits the answers.  Edit 6/30/2015 - When I wrote this answer, the DVY was trading at $48.24. $100,000 invested would have given off $3187/yr after a 15% dividend tax rate. At $75/share now, the $100,000 investment would be worth $155,472 and yielding $5597 for a net $4757 after tax. The choice to go DVY would have been profitable from the start, with room now for a 35% crash before losing any money."}
{"_id": "175339", "title": "", "text": "Well I guess I'm going to throw a curveball from what others have said so far. I have an entry level FP&amp;A job at a medium-ish ($600M rev) size company. I use SQL all. the. time. We get a lot of data requests, and instead of shoveling them over to our tiny IT team who is more focused on development, we ourselves have to create and validate loads of SQL queries. For any recurring data requests, we throw the queries into a Power BI dashboard and do analytics off of it. My intuition is that smaller companies' FP&amp;A departments are going to overlap more with IT when it comes to data due to less rigidly defined internal structure, so knowing some of the tools IT uses can certainly help. Just knowing how to query company databases (if you can get access) saves days of waiting + back and forth with IT.  If you use SQL and Excel, you'll become familiar with power query, which is a useful timesaver for automatically transforming raw data. A natural extension to SQL would then be analytical software or programming like R. Companies like the one I work for are trying to figure out business intelligence, and we've implemented suites of PBI dashboards, which requires an understanding of Dax (which is only different enough from VB to be annoying IMO).  Be a wizard at Excel, which I'm sure you already know. Know how to apply conditional formatting 46 different ways, know how to quickly create and manipulate pivot charts in addition to being a god of pivot table manipulation. Know how to automate repetitive tasks. A big one (for me) is know how to do reconciliation quickly using Excel (FP&amp;A does a lot of recon at my work). Knowing how to cleverly apply and manipulate pivot tables and v-lookups can be the difference between spending 4 and 40 hours doing recon.  Note that these suggestions come from my experience alone."}
{"_id": "175347", "title": "", "text": "I just found out today, there is a full windows 8.1 tablet on intel baytrail for $170 that looks really good if not for games.  The one thing I can't decide is if I'd prefer an android or even linux version (needs maturity, but one reason to go android is that its easier to escape when mature) with the same chip.  While the baytrail specs are awesome for me, and there are pc apps that I would use, and from the few benchmarks I could find, windows performance is better than android for this chip (though you can consider them even), its still not obvious to choose win8 over android even when the price is the same.  I guess I would lean towards win8 (I need a super calculator with J), but the media performance of other chips is going to push others towards android solutions.  The point is that windows 8 is now super interesting at the same price point as android, and it should grow as a result.  Its still not obvious though, if it can dominate it."}
{"_id": "175353", "title": "", "text": "\"&gt;I've never thought about the difference in goals between manufacturers and local businesses.  Ultimately they have the same goals: sale of product/services.  But they have a HUGELY different emphasis:  * John Deere wants you to buy JOHN DEERE BRAND products, and they really don't care WHERE you buy it.  * Walmart/Target/HomeDepot generally don't really give a crap WHAT BRAND you buy, so long as you buy it from... Walmart/Target/HomeDepot.  So John Deere's advertising is all about convincing you to ONLY be interested in buying a John Deere (from where-ever).  And the retailer (aka \"\"local business\"\" whether a chain or independent) advertising is all about getting you to come back to THEIR store to buy... well whatever (which can be specific, or \"\"anything and everything\"\") they sell.  Those things can COINCIDE when there is some \"\"exclusive\"\" relationship (so the local John Deere dealer IS interested in promoting the John Deere brand, but really only to the extent that you buy a John Deere from THEM, and NOT from some other dealer/store).  And likewise, the local Buick dealer wants you to buy a Buick... but chiefly so that you will buy one from THEM, and/or so that you will come to them to buy parts/service (which most dealers actually tend to make more money on than they do from the sale of the car itself).  ---  &gt;Hmmm, your knowledge about the facebook ad model might be able to help me with a personal project I'm doing.   I don't know that it I would call it \"\"*knowledge* about the facebook ad model\"\" -- it's more general knowledge about how the advertising/marketing world, and *speculation* (with back-of-the-napkin-style calculations) regarding about how delusionally far-away from reality FaceBook's supposed \"\"super specific targeting\"\" actually is.  ---  &gt;If you care to take a whack at it, read on: What interested me before the IPO was the debate about the value of FB's ad model.  This is/was kind of my whole point (though I'm coming from a different tack than you). My view is that *regardless* of how \"\"effective/ineffective\"\" FB's ads prove to be:  1. There is only so much commerce in the world (granted it can grow, but it does so on an incremental basis in *real money* terms).  2. Only a certain percentage of it is going to be spent on advertising.  3. A lot of that -- probably 50% or more -- is LOCAL advertising/marketing (done not by the \"\"big players\"\" but by smaller/more local operations).  4. There is no way that FaceBook will capture anywhere near even 50% of even the \"\"big player\"\" advertising/marketing money (competing against ALL other types of media? Yeah, not gonna happen!) -- and *they aren't even trying* to get any of the \"\"local\"\" money.  5. As a result of the above, there is no way for FaceBook to achieve the revenues (much less the profit margins) to support anything anywhere NEAR the valuation it IPO'ed at.  6. Ergo the price of the stock will continue to drop (especially as insiders &amp; previous investors \"\"cash in\"\" by selling additional stock into the float) -- until it reaches a price that CAN be supported by a reasonable P/E (say in the 10 to 20 range) that is based on ACTUAL achievable revenues. (Which I don't see any way for the final value of FB to be anything *over* $10 a share, more likely the PPS will end up in the $4 to $5 range, and possibly even lower, especially if they continue to \"\"fumble\"\" things as they have recently -- ultimately, especially if they dilute the shares as they seem likely to, it will probably end up as a $1 to $2 stock).  As to your questions... I think we're barking up different trees. Your approach sounds interesting, but I wouldn't have any idea where you could get HARD data on any of that (at best you I think whatever data you can lay hands on is going to be a lot of highly dubious and speculative BS) in no small part because I don't think anyone really HAS any \"\"harder\"\" data (maybe GM does and that is why they dropped their use of the stuff).\""}
{"_id": "175367", "title": "", "text": "I don't think you need to bother with trust accounts.  The point of a trust account is holding funds that aren't yours yet.  You take a retainer fee that you have yet to earn.  As you work, you bill your hourly rate, your client signs off and you take possession of the funds.   You're going to work a project, you'll take a partial payment as a deposit and partial payment upon completion.  But this is a payment to you, not money transferred to you to hold until you earn it at a later date. Your contract can specify remedies for missing a deadline, or any other thing that could happen."}
{"_id": "175380", "title": "", "text": "The right answer is use it, but use it responsibly. The point of the credit report is to prove to potential creditors that you are a responsible person who pays their bills on time. If you don't use the new credit card, you can't prove that. However, of course there is a limit. If you max out the card, you have only proven that you are irresponsible with credit. Try to stay around 50% of your max limit. More is O.K., but never go over 89%. Always pay your bills on time. Always. Not just this new credit card, but all bills. The best way to ruin your credit is not paying your bills. Even if you are having a dispute with a company, pay the bill anyway to save your credit and then dispute the situation and try to get your money back. Prove to creditors that they can trust you and you'll have an excellent credit score."}
{"_id": "175389", "title": "", "text": "Assuming you're in the United States, then International Equity is an equity from a different country.  These stocks or stock funds (which reside in a foreign country) are broken out seperately becuase they are typically influenced by a different set of factors than equities in the United States: foreign currency swings, regional events and politics of various countries."}
{"_id": "175407", "title": "", "text": "\"Economic slavery is telling her to fight for $15/hour so she can work the same shitty jobs at the same shitty hours for the rest of her life. And even more tragically is that people are telling her she'll be better off with a higher minimum wage.   If the minimum wage is $15/hour, then everything will be priced accordingly. You can't beat the market by price fixing, it has never worked in history and will never work.  All those \"\"experiments\"\" of raising minimum wage will never tell the true story if they are isolated by a city, or even a state, because too much is supplied from places that won't reflect a $15/hour minimum wage.   What nobody wants to say is that Fran needs to take a long hard look at why she has been in the fast food industry for 22 years and is still making minimum wage. Managers at McDonald's average $43k/Year (according to Glassdoor), which is more than most teachers make and is more than base pay for most enlisted ranks in the military (it also doesn't include their benefits).\""}
{"_id": "175410", "title": "", "text": "Since 1994 we have specialized in Fiber Optic, Network Cabling (UTP), Cable Television, and Satellite Installation training.  We maintain relationships with employers like Time Warner, Cox, Charter, Verizon, AT&amp;T and many others throughout Southern California to ensure placement for our students.  vocational school carson ca"}
{"_id": "175413", "title": "", "text": "Oh really. I will have to check into that. It would be a bummer if that is the case. Something I will need to look into. If you don't need margin and are not trading the underlying asset (which I could see being a problem), then I don't see what the problem is. But I shall see. Thanks."}
{"_id": "175419", "title": "", "text": "shgcounselling Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy."}
{"_id": "175442", "title": "", "text": "\"Is it safe? No in general. Are there any other safe \"\"paper\"\" ways to invest money let's say for 30 years and be sure nothing will happen to them and you will end your life without relying on pension? No. In these times only real properly gives you some sort of warranty in 5-30 years term. Land, buildings, production lines. Not necessary in US - lots of countries have 0 or fairly low property tax. Some gold, platinum, silver and other rare elements to diversify. - This is the only way you can be sure you will not suddenly loose everything.\""}
{"_id": "175448", "title": "", "text": "\"Why would you consider it null and void? It might be that something went wrong and the business \"\"lost\"\" the transaction one way or another. It might be something else. It might never appear. It might appear. In one of the questions a while ago someone posted a link of a story where an account was overdrawn because of a forgotten debit card charge that resurfaced months later. Can't find the link right now, but it can definitely happen.\""}
{"_id": "175449", "title": "", "text": "I have not.  I was wondering if there is something in there that said by putting your profile to private it denied them the right to use your posts / images etc.       &gt;We also are discussing political thought, not necessarily the specific Facebook practice  My bad I was thinking Facebook specific"}
{"_id": "175452", "title": "", "text": "At Faux Panel we believe in creativity along with sustainability of the products. Due to which we have succeeded in producing trend setting products which can redefine the definition of interior designing. We provide an exorbitant range of creative wall cladding materials which are different from each other."}
{"_id": "175463", "title": "", "text": "Michigan's 529 plan offers a wide variety of investment options, ranging from a very conservative guaranteed investment option (currently earning 1.75% interest) to a variety of index-based funds, most of which are considered aggressive.   You said that you are unhappy with the 5% you have earned the past year, and that you thought you should be able to get 8% elsewhere.  But according to your comment, you have 30% of your money earning a fixed 1.75% rate, and another 40% of your money invested in one of the moderate balanced options (which includes both stocks and bonds).  You've only got 30% invested in the more aggressive investments that you seem to be looking for.  If you want to be invested more agressively (which is reasonable, since your daughter won't need this money for many years), you can select more aggressive investments inside the 529. Michigan's 529 offers you the ability to deduct up to $10,000 (if you are married filing jointly) of contributions off your Michigan state income tax each year.  In addition, the earnings inside the 529 are federally tax-free if the money is spent on college education."}
{"_id": "175470", "title": "", "text": "I\u2019m specifically curious as to how employer matches for Roth 401(k)s would work. Even if an employee contributes to a Roth 401(k), matching contributions by the employer must be treated as traditional 401(k) contributions. So even if the treatment of Roth accounts is unchanged, those of us who get an employer match on our Roth 401(k) contributions may still be impacted."}
{"_id": "175480", "title": "", "text": "My point is that, unless Amazon stops or greatly slows growth of the Seattle campus, it would be very difficult for HQ2 to be truly equal in size. They're proposing $5bn and 50k employees over the next ~15 years just to catch up to where Seattle is *now*. Given the rate at which Amazon acquires office space already, this seems like a long shot. The only way I can see it happening is if there is a very big push to shift existing and new teams to HQ2. I am curious to see what they do.  I'm not really sure what to make of the rest of your comment. Amazon does a little of everything. HQ can be anywhere sufficiently attractive to developers."}
{"_id": "175504", "title": "", "text": "This depends on the stock exchange in question. Generally if you modify an existing order [including GTC], these are internally treated as Cancel/Replace Orders. Depending on the action, you may lose the time priority position and a new position would get assigned. More here. (f) Cancel/Replace Orders. Depending on how a quote or order is   modified, the quote or order may change priority position as follows: (1) If the price is changed, the changed side loses position and is   placed in a priority position behind all orders of the same type   (i.e., customer or non-customer) at the same price. (2) If one side's quantity is changed, the unchanged side retains its   priority position. (3) If the quantity of one side is decreased, that side retains its   priority position. (4) If the quantity of one side is increased, that side loses its   priority position and is placed behind all orders of the same type at   the same price."}
{"_id": "175513", "title": "", "text": "Nathan's answer was a +1 from me. The answer is not always simple. Having the money available is surely the first step. Using Pete's process aligns with this.  Another thought is depending where you are in your finances, delay by a day for every $100 in cost. e.g. For a $1000 purchase, sleep on it for 10 days. Adjust the number for your circumstance."}
{"_id": "175520", "title": "", "text": "How about if we lower taxes on the bottom two brackets and increase taxes on the top two brackets? Right now it's 10, 15, 25, 28, 33, and 35 percent. But wouldnt it be better if we change it to 8, 13, 25, 28, 35, 38 percent?   The poor are the ones who spends most of their money on sale taxes than compared with any other brackets and the more money the poor have the more they will spend which will lead to more growth in the economy"}
{"_id": "175522", "title": "", "text": "I have gotten a letter of credit from my credit union stating the maximum amount I can finance. Of course I don't show  the dealer the letter until after we have finalized the deal. I Then return in 3 business days with a cashiers check for the purchase price.  In one case since the letter was for an amount greater then the purchase price I was able drive the car off the lot without having to make a deposit. In another case they insisted on a $100 deposit before I drove the car off the lot. I have also had them insist on me applying for their in-house loan, which was cancelled when I returned with the cashiers check.  The procedure was similar regardless If I was getting a loan from the credit union, or paying for the car without the use of a loan. The letter didn't say how much was loan, and how much was my money.  Unless you know the exact amount, including all taxes and fees,in advance you can't get a check in advance. If you are using a loan the bank/credit Union will want the car title in their name."}
{"_id": "175524", "title": "", "text": "There are banks and credit unions that don't charge fee for incoming wire transfer. You most likely won't get that from big brick and mortar banks like BofA, Citi but if you are doing it regularly, using another bank that offers it free would save you a lot. Since ACH are free, you can transfer money between those banks to your regular bank (e.g. BofA) for free. There would be delay involved in this process due to additional ACH. You could also use one these banks as your primary bank to avoid that delay. Credit unions are also generally fee friendly and many would offer free incoming wire transfer. However you are limited to what is available to you as all of them would have some membership criteria."}
{"_id": "175527", "title": "", "text": "\"&gt; Exactly by how much will this reduce radioactive waste?  A modern fuel cycle should get rid of almost all (99%+) of long-half-life radioactive byproducts. Instead, you end up with about 5% the volume of stuff that stays radioactive for a couple hundred years.  You still have a radioactive waste storage problem, but it can be solved with a concrete building with doors that lock and \"\"danger, hazardous material\"\" signs rather than some Yucca Mountain nonsense.\""}
{"_id": "175537", "title": "", "text": "Your doctor may also have free samples available. You could call, explain your situtation and ask to see if they have any free samples."}
{"_id": "175540", "title": "", "text": "No they do not. From form 1040 instructions, a single, non-blind dependent under age 65 must file if the following are true: You must file a return if any of the following apply.  There is no return required for receipt of a gift."}
{"_id": "175545", "title": "", "text": "Other people are saying this might be a scam, or this sounds like a scam. THIS IS DEFINITELY 100% A SCAM. Do not ship your computer equipment to these people. Personally I would never sell computer equipment outside of my country, and even then would probably use escrow."}
{"_id": "175556", "title": "", "text": "The very best espresso machine can awaken your senses and prepare you for an additional lengthy and tiring day. It might deliver cup following cup of great-tasting coffee that may tickle your style buds and provide you with the sweetest morning treats day after day. Visit us for more info : http://www.coffeemakersglobal.com/"}
{"_id": "175563", "title": "", "text": "In response to your points #1 and #2: In general, yes it is true that capital gains are only subject to half one's marginal rate of income tax.  That doesn't mean 50% of the gain is due as tax... rather, it means that if one's marginal tax rate (tax bracket) on the next $10K would have been, say, 32%, then one is taxed on the gain at 16%.  (The percentages are examples, not factual.) However, because these are employee stock options, the tax treatment is different than for a capital gain! \u00a0  Details: On the Federal tax return are lines for reporting Security option benefits (Line 101) and Security options deductions (Line 249).  The distinction between a regular capital gain and an employee stock option benefits is important.  In many cases the net effect may be the same as a capital gain, but the income is characterized differently and there are cases where it matters.  Somebody who is about to or has realized employee stock option benefits should seek professional tax advice. In response to your next two points: No, one cannot transfer a capital gain or other investment income into a TFSA immediately after-the-fact in order to receive the tax-free benefits of the TFSA on that income.  Only income and gains earned within a TFSA are free from tax \u2013 i.e. The options would have to have been in the TFSA before being exercised.  Once a gain or other investment income has been realized in a non-sheltered account, it is considered taxable.  The horse has already left the barn, so to speak! However, despite the above, there is another strategy available:  One can create an offsetting deduction by contributing some of the realized gain into an RRSP.  The RRSP contribution, assuming room is available, would yield a tax deduction to offset some tax due on the gain.  However, the RRSP only defers income tax; upon withdrawal of funds, ordinary income tax is due (hopefully, at a lower marginal rate in retirement.) There is no minimum amount of time that money or assets have to be inside a TFSA to benefit from the tax-free nature of the account.  However, there are limits on how much money you can move into a TFSA in any given year, and many folks weren't aware of the rules. p.s. Let me add once more that this is a case where I suggest seeking professional tax advice."}
{"_id": "175564", "title": "", "text": "\"I think that the answer by @jkuz is good.  I'd add that the there's a mathematically precise difference:  Gambling games are typically \"\"zero-sum\"\" games, which means that every dollar won by one person is lost by another. (If there's a \"\"house\"\" taking a cut then it's worse than zero-sum, but let's ignore that for the moment.)   None of the markets that you mentioned are zero-sum because it's possible for both parties in the transaction to \"\"win\"\" since they typically have different objectives.  If I buy stock, I typically desire for it to go up to make money, but, if I sell stock, I typically sell it because I want the money to do something else completely.  The \"\"something else\"\" might be invest in another instrument if I think it's better or I'm rebalancing risk.  It might also be to buy a house, pay for college, or (if I'm in retirement living on my investments) to buy food.  If the stock goes up, the buyer won (increased investment) but the seller also won (got the \"\"other thing\"\" that they wanted/needed), which they would not have been able to get had there not been a buyer willing to pay cash for the stock. Of course it's possible that in some cases not everyone wins because there is risk, but risk should not be considered synonymous with gambling because there's varying degrees of risk in everything you do.\""}
{"_id": "175576", "title": "", "text": "If you have a lump sum, you could put it into a low risk investment (which should also have low fluctuations) right away to avoid the risk of buying at a down point.  Then move it into a higher risk investment over a period of time.  That way you'll buy more units when the price is lower than when it's higher. Usually I hear dollar cost averaging applied to the practice of purchasing a fixed dollar amount of an investment every week or month right out of your salary.  The effect is pretty minimal though, except on the highest growth portfolios, and is generally just used as a sales tool by investment councilors (in my opinion)."}
{"_id": "175583", "title": "", "text": "What would you consider good/worthwhile, and why it would give you satisfaction to benefit society? I've done various things that can be considered good/worthwhile, but the more I'm around people, the less I want to contribute anything to their well-being and the more I want to lash out at them. Unfortunately, getting substantial money generally requires interacting with people and showing up.  I would enjoy such things as profiting off Target gift cards, if I knew about the promotion or if the idea occurred to me, because it's profit for relatively little effort. The money that I've worked hard for doesn't mean that much to me because the cost was too high."}
{"_id": "175587", "title": "", "text": "I'm not asking for the world to owe a huge salary and benefits.  I am asking for jobs to pay a wage and provide benefits that allows the people they use to make money to live without worrying about getting sick or making rent.  I'm not saying everyone needs a salary that can play for a lexus and flat screen tv for being a cashier at walmart.  Just enough to pay rent, food, bills, healthcare.  Why in the world would you work at a place that doesn't pay you a living wage if you aren't getting something else out of it?"}
{"_id": "175592", "title": "", "text": "According to Moody's, based on Amazon's criteria:  https://www.economy.com/dismal/analysis/commentary/298321/Where-Amazons-Next-Headquarters-Should-Go/  Ranked in order:  1. Austin 2. Atlanta 3. Philly 4. Rochester, NY 5. Pittsburgh 6. NYC NJ metro 7. Miami 8. Portland/Vancouver 9. Boston 10. Salt Lake City"}
{"_id": "175593", "title": "", "text": "No, there is not a finite amount of work to be done, people have unlimited wants. Say we do fully automate all physical work, everyone could simply expand our human understanding, create art, play spectator sports, jobs that I can't even think of because there are not very important to us now but when more important concerns are met, these less important concerns, like art, become the most important.  Such as when you want food and water you don't care much for shelter, when you need shelter you don't care much about healthcare, when you need healthcare you don't worry about self actualization ect.  This reminds me of a story that france wanted to double the amount of jobs available so they made it illegal to work more then 20 hours a week. It failed because unemployment is not a result from insufficient work to be done. Not sure if true though."}
{"_id": "175603", "title": "", "text": "Good luck if you signed up. I am taking it as well. I'm working full time also, studying is tough. I don't know why other guys said it would pigeon hole you or it was too narrow, the nature of the CFA is that its broad. I don't think these guys know much about the CFA...."}
{"_id": "175618", "title": "", "text": "&gt;Thats fine and dandy, but it would never ever pass congress.  So the people should elect a congress that aren't such a bunch of blindly ideological fools. If they choose not to do this, then let them go down with the ship. The point is that cutting government employees in the middle of a period of low economic growth is not a way to fix anything.  Also I'll just add that Australia is no miracle economy, our government should be lauded for the way they handle the purse strings, but they simultaneously inflated a massive property bubble (currently deflating gently - for now) which still poses  large threat to our immediate future. That said our budget situation is in a good place, even if we have run a few deficits lately."}
{"_id": "175635", "title": "", "text": "Or at least use the equity in the medallion to diversify. Borrow against the medallion to buy an income property, or put it into a balanced portfolio of financial securities. It looks like the same problem with real estate: people are spending their capital instead of putting it to work. Holding most of your wealth in a single asset and then borrowing against that asset to fund consumption is a recipe for bankruptcy."}
{"_id": "175649", "title": "", "text": "\"You are assuming 100% occupancy and 100% rent collection.  This is unrealistic.  You could get lucky and find that long term tenant with great credit that always pays their bills... but in reality that person usually buys a home they do not rent long term.  So you will need to be prepared for periods of no renters and periods of non payment.  The expenses here I would expect could wipe out more than you can make in \"\"profit\"\" based on your numbers. Have you checked to find out what the insurance on a rental property is?  I am guessing it will go up probably 200-500 a year possibly more depending on coverage.  You will need a different type of insurance for rental property. Have you checked with your mortgage provider to make sure that you can convert to a rental property?   Some mortgages (mine is one) restrict the use of the home from being a rental property.  You may be required to refinance your home which could cost you more, in addition if you are under water it will be hard to find a new financier willing to write that mortgage with anything like reasonable terms. You are correct you would be taking on a new expense in rental.  It is non deductible, and the IRS knows this well.   As Littleadv's answer stated you can deduct some expenses from your rental property. I am not sure that you will have a net wash or loss when you add those expenses.  If you do then you have a problem since you have a business losing money.  This does not even address the headaches that come with being a landlord. By my quick calculations if you want to break even your rental property should be about 2175/Month. This accounts for 80% occupancy and 80% rental payment.  If you get better than that you should make a bit of a profit... dont worry im sure the house will find a way to reclaim it.\""}
{"_id": "175679", "title": "", "text": "Put in the maximum you can into the 401(k), the limit should be $16,500 so long as the highly compensated rules don't kick in. Since you cannot deduct the traditional IRA, it's a great option to deposit to a traditional IRA and immediately convert that balance to a Roth account. That puts you at $21,500/yr saved, nearly 18%.  There's nothing stopping you from investing outside these accounts. A nice ETF with low expenses, investing in a stock index (I am thinking SPY for the S&P 500) is great to accumulate long term."}
{"_id": "175682", "title": "", "text": "Traditionally, the Dow Jones Industrial Average (DJIA) was only comprised of stocks that were traded on the New York Stock exchange.  Neither Apple (AAPL) nor Google (GOOG) are traded on the New York Stock Exchange but instead are traded on NASDAQ.  All NASDAQ tickers are four characters long and all NYSE tickers are only three or less characters long (e.g. IBM or T (AT&T)). However in 1999, MSFT became the first NASDAQ stock to be included in the DJIA.  Given that AAPL now has the largest market capitalization of any company in U.S. history, I think it is likely if they retain that position, that they would eventually be let into the DOW club too, perhaps, ironically, even supplanting Microsoft."}
{"_id": "175691", "title": "", "text": "Reports -> Income & Expense -> Cash Flow Options -> Set Start Date/End Date to match billing cycle -> Accounts -> Clear All -> Select Credit Card only -> Money Out To adjust Refund and Chargeback, you need to cancel out with Money In items except Bank."}
{"_id": "175692", "title": "", "text": "Here would be the big two you don't mention: Time - How much of your own time are you prepared to commit to this? Are you going to find tenants, handle calls if something breaks down, and other possible miscellaneous issues that may arise with the property? Are you prepared to spend money on possible renovations and other maintenance on the property that may occur from time to time? Financial costs - You don't mention anything about insurance or taxes, as in property taxes since most municipalities need funds that would come from the owner of the home, that would be a couple of other costs to note in having real estate holdings as if something big happens are you expecting a government bailout automatically? If you chose to use a property management company for dealing with most issues then be aware of how much cash flow could be impacted here. Are you prepared to have an account to properly do the books for your company that will hold the property or would you be doing this as an individual without any corporate structure? Do you have lease agreements printed up or would you need someone to provide these for you?"}
{"_id": "175693", "title": "", "text": "It seems like you are asking two different questions, one is, how do I know if I can afford a house? The other is, how do I know what type of mortage to get? The first question is fairly simple to answer, there's plenty of calculators out there that will tell you what you can afford, but rule of thumb is 30% of income can goto housing. Now what type of mortgage to get can be much more confusing, because the mortgage industry makes money off of these confusing products. The best thing to do in my opionion in situations like this is to keep it simple. You need to be careful buying a house. So much money is changing hands and there are so many parasites involved in the transaction I would be extremely wary of anybody who is going to tell you what mortgage to get. I've never heard of a fee only independent mortgage broker, and if I found one that claimed to be I wouldn't believe him. I would just ignore all the exotic non-conforming products and just answer one simple question. Are you the type of person that buys an insurance policy or that likes to self insure? If you like insurance, get a 30 year fixed mortgage. If you like to self insure, get a 7 year ARM. The average lenghth someone owns a house is 7 years, plus in 7 years time, it might not adjust up, and even if it does, you can just accelerate your payments and pay it off quickly (this is the self insurance part of it). If you're like me, I'm willing to pay an extra .5% for the 30 year so that my payment never changes and I'm never forced to move (which is admitedly extremely unlikely, but I like the safety). I don't like 15 year term loans because rates are so low, you can get way better returns in the stock market right now, so why pay off sooner then you need to. Heck, if I had a paid off house right now I'd refi into a 30 year and invest the money. In summary, pick 30 year or ARM, then just shop around to find the lowest rate (which is extremely easy)."}
{"_id": "175697", "title": "", "text": "That's some crazy shit right there...  I don't know... maybe it's because your crazy Keynesian economics quantitative easing only made the rich richer?  ...but sure the problem is with those unemployed high school educated low information voters you fucking despise so much that you stagnate their wages for two plus decades... and their corporate sponsored opioid addiction."}
{"_id": "175749", "title": "", "text": "Supposedly people's birth certificates and SSNs are routing numbers and account numbers for federal reserve banks. Apparently this has been a thing since 1933 when Roosevelt did something. Anyway the story goes there is an entity called Strawman and it's a bank account with your name on it and it's been accruing monies since the day you were issued a birth certificate and SSN. Idr much sorry for being vague on the details"}
{"_id": "175768", "title": "", "text": "Starting up a company is fun, stressful, and exciting. It's also often a lot harder than you expect. Income, revenue, and cash flow are big concerns, and you need to be able to eat while you're hunting down your first paying customers. Don't pay off all the debt if that will leave you without any money for living expenses. Perhaps a compromise is in order? Pay off the high-interest loans first, and continue to make payments on the lower-interest loans while you start up. It doesn't have to be all or nothing."}
{"_id": "175771", "title": "", "text": "Can someone please explain how this is not the definition of a Ponzi scheme? Bitcoin has a $100B market cap. This is a financial instrument with very little real value to either consumers or businesses. However, Bitcoin has experienced a meteoric rise in value as more and more people buy in. Is the bottom not going to fall out here?"}
{"_id": "175778", "title": "", "text": "So this method makes sense and is reasonable and possible.  The money multiplier effect ends up capped by the fact that the bank can only lend a percent of its 'cash'.    My issue understanding this is I've been told that banks actually don't hold 10% of the cash and lend the other 90% but instead hold the full 100% in cash and lend 900%.  Is this accurate?  The issue I see with it is that it becomes exponential growth that is uncapped.  If the bank lends 900%, it has created this money from nothing, which by itself isn't different that the bank loaning 90% and keeping 10%.  The issue comes because the next bank who gets that money deposited will treat that amount as cash as well, so they loan 900% of the 900%.  And so on and so forth.  How does the system prevent this from happening?"}
{"_id": "175782", "title": "", "text": "I have an example that may be interesting for your question. My grandfather had a tennis club around 35 years ago, and some other businesses. Some investments went bad and he was heading for bankruptcy due to the tennis club's expensive payments. So he asked to renegotiate a variable rate rather than a fixed rate, even though the interest rates were going up, not down. The idea was that if the current situation is going to bankrupt you, taking a chance might be better. As an analogy, if you can't swim and you'll drown in 6 feet of water, it doesn't matter that you're taking the risk to go deeper. You might have to take that chance to survive. He did keep the tennis club in the end but that's irrelevant here. For student loans, if I'm not mistaken, declaring bankruptcy doesn't free you of all their debt, so it may not be applicable.  And this situation is when renegotiating, not when negotiating the first time. because obviously if you're in trouble financially, taking a loan you know you can't repay is suicide."}
{"_id": "175819", "title": "", "text": "Your question asked about a specific time the yield curve flattened or inverted.  There are other times when the yield curve inverted or flattened.  You also imply in your question that investors were flocking to long term bonds which lowered their yields.  I don't believe this is the case.  I believe investors were fleeing from short term bonds causing the yields on short term bonds to rise to meet those of long term bonds. The chart below shows the history of yields on US bonds over time.  The shaded areas are where the yield curve flattened or inverted.  Notice that after 1982 it is the short term yields that rise sharply to meet or cross the yields on longer term bonds.  The yields on longer term bonds move little compared to the movement in yields on the short term bonds.  Thus it is investors moving out of short term bonds that cause the yield curve to flatten or invert.  These investors are not moving into longer term bonds since the yields on the longer term bonds do not move much at all at these times.  In fact, in 2006 the longer term bond market was only 25% of the total US public debt while short term bonds made up 75%.  It would take less money to move the yields on longer term bonds than it would on short term bonds yet the longer term yields did not move near as much as short term yields.  So why are investors or banks moving out of short term bonds causing their yields to rise?  I believe this happens for one of two reasons:  they are moving into higher yielding investments or they need to raise cash to cover bad investments.  Charts and more information here."}
{"_id": "175821", "title": "", "text": "\"Your chance of even correctly recognizing the actual lowest point of a dip are essentially zero, so if you try to time the market, you'll most likely not get the \"\"buy cheap\"\" part perfectly right. And as you write yourself, while you wait for the dip, you have an ongoing opportunity cost. Cost averaging is by far the best strategy for non-professional and risk averse investors to deal with this. And yes, over the long run, it's far more important to invest at all than when you do it.\""}
{"_id": "175824", "title": "", "text": "Lending isn't profitable when interest rates are this low.  Consider what's involved to offer a savings or checking account.  The bank must maintain branches with tellers.  The bank has to pay rent (or buy and pay property taxes and utilities).  The bank has to pay salaries.  The bank has to maintain cash so as to make change.  And pay for insurance against robbery.  All of that costs money.   At 6% interest, a bank can sort of make money.  Not great money, but it takes in more than it has to pay out.  At 4% interest, which is about where ten year mortgage rates are in Canada, the bank doesn't make enough margin.  They are better off selling the loan and closing their branches than offering free checking accounts.   An additional problem is that banks tend to make money from overdraft fees.  But there's been a move to limit overdraft fees, as they target the most economically vulnerable.  So Canadian banks tend to charge monthly fees instead.  UK banks may also start charging monthly fees if interest rates stay low and other fees get curtailed."}
{"_id": "175831", "title": "", "text": "yes you are right as per my understanding while doing trade you must consider fol (specially for starters like me) The volume of the stock you are trading in should be high enough to keep you secure for quick in and out Whenever the bid volume is more than the ask volume the prices will move up and vice versa. to give an example if a stock is at 100 points and there are fol bids: The transaction will occur when either the bidder agrees to pay the ask price (case 1. he pays 101 . his bid offer will disappear and the next best ask will be 102. and the current price will be 101 which was the last transaction.) or when the person giving ask price agrees to deal at best bid which was 99 in which case the share will go down."}
{"_id": "175840", "title": "", "text": "Debt = satan's work. Also the tax deductibility of interest = voodoo nonsense, so it should never be considered. If people actually understood this deduction they would probably be up in arms for evading taxes. Not to mention accretive pressures on management of a covenant burden. Clearly satan's work."}
{"_id": "175847", "title": "", "text": "It's because we have refineries, (to make oil into gas) while other countries have the oil, but not as many refineries, if any.  This sounds crazy at first blush, but actually there is nothing weird about it.    Analogy: the US could import a lot of wool and export a lot of sweaters, but also import some sweaters too, for reasons outlined elsewhere ITT.  This would not imply either way whether we were wool-independent, it only necessarily means we have more sweater factories."}
{"_id": "175868", "title": "", "text": "I've heard that Atlantic City was pretty drab these days from a friend who wandered through several years ago. At the same time, I feel like there's no reason it couldn't be rebuilt with the right vision and proper funding, and maybe some tax incentives. Fill in some of the archipelago to reclaim some land and revamp the whole area with hotels and convention centres, upscale bars and pubs and restaurants, and I'm sure people would line up again.   I suspect that's a big, big endeavour - but surely not impossible. It's a matter of reconstructing a pulse."}
{"_id": "175877", "title": "", "text": "Read this-   [Out of Control: The Coast-to-Coast Failures of Outsourcing Public Services to For-Profit Corporations](http://www.inthepublicinterest.org/sites/default/files/1213%20Out_of_Control.pdf)  Free trade agreements mandate a one way street to privatization of almost all public jobs and publicly procured services because it puts those jobs into play, they can then become bargaining chips in the globalization trading game. For example, US teaching jobs could be traded for national treatment in trade deals like TiSA- They could become valuable in the context of the fact that countries like India have a rapidly growing market and a surplus of people with degrees who speak perfect English. the US pharmaceutical industry might be able to trade access to those contracts for something like the curtailment of Indias policy on making cheap generic drugs. That kind of thing makes the US pharmaceutical industry see red. There has been a longstanding dispute with Australia over Australia's public health care systems' buying of drugs at a discount. The US claims thats prohibited by an FTA.  I think its the US's position is that that is unfair discrimination against corporations. Only private for-profit companies are allowed to negotiate discounts. You can probably find more here: http://www.bilaterals.org/?-US-Australia- or here http://www.italaw.com  (plug in the word Australia)  Privatization is often mostly about looting public resources for some goal that is very much against the public interest!   For example, look at the National City Lines fiasco- the reason the US went from having one of the very best to one of the worst public transit systems in the developed world - in only 30 years- is now addicted to oil and gas."}
{"_id": "175879", "title": "", "text": "1st question: If I bought 1 percent share of company X, but   unfortunately it closed down because of some reason as it was 1   million in debt. Since I had 1 percent of it shares, does it mean I   also have to pay the 1 percent of it's debt? Stock holders are not liable for anything more than their current holdings.  In cases of Ch11 bankruptcy stock holders usually get nothing.  In Ch7 the holdings will be severely hit but one may get 10% of pre-bk prices.  I would strongly recommend against investing in bankrupt companies.  A seasoned trader can make plenty off short term trades. The payoff structure is usually: 2nd question: Is there an age requirements to enter the stock market?   I am 15 years old this year. Yes it is generally 18, but some firms offer a joint option that your parents can open."}
{"_id": "175889", "title": "", "text": "They are already indirectly paying these expenses.  They should be built into your rates. The amount per job or per hour needs to cover what would have been your salary, plus the what would have been sick, vacation, holidays, health insurance, life insurance, disability, education, overhead for office expenses, cost of accountants...and all taxes. In many companies the general rule of thumb is that they need to charge a customer 2x the employees salary to cover all this plus make a profit. If this is a side job some of these benefits will come from your main job. Some self employed get some of these benefits from their spouse.  The company has said we give you money for the work you perform, but you need to cover everything else including paying all taxes. Depending on where you live you might have to send money in more often then once a year. They are also telling you that they will be reporting the money they give you to the government so they can claim it as a business expense. So you better make sure you report it as income."}
{"_id": "175891", "title": "", "text": "As someone who is changing careers to get out of TV, I can tell you that it's clear from the inside that TV is on it's way out. I know a lot of people who work in TV who are unemployed and have been for a long time. There just aren't as many shows being produced in a predictable frequency anymore. I know as a consumer that it is no longer a profitable model, but it's also clear that networks are running out of money."}
{"_id": "175894", "title": "", "text": "Well i needed an english source and as i mentioned Migrant attacks on Germans is not that big of a topic it is the other way around. Think about 10 crimes a day.... how much attacks can you mention per day from migrants ??? And we are talking major crimes not illegal job activity."}
{"_id": "175909", "title": "", "text": "Ok ok - that's a fair statement. I'm just comparing to the last two we've had - which were decent (previous finance internships, in finance related clubs at school, very good universities). In fact the one we had last year I actually didn't have to supervise by the end of the summer (gasp!)."}
{"_id": "175924", "title": "", "text": "I'm one that both pays the Obamacare tax and has two sisters that struggle through the costs of Obamacare, i would generally like to see it either changed or destroyed. However, I couldn't be more happy to see the Republican version fail. It was worse than Obamacare. At some point we either need to go to a compete single payer or have a total public insurance system, these mixed versions are a total disaster."}
{"_id": "175927", "title": "", "text": "\"Use VTIVX. The \"\"Target Retirement 2045\"\" and \"\"Target Retirement 2045 Trust Plus\"\" are the same underlying fund, but the latter is offered through employers.  The only differences I see are the expense ratio and the minimum investment dollars.  But for the purposes of comparing funds, it should be pretty close. Here is the list of all of Vanguard's target retirement funds. Also, note that the \"\"Trust Plus\"\" hasn't been around as long, so you don't see the returns beyond the last few years.  That's another reason to use plain VTIVX for comparison. See also: Why doesn't a mutual fund in my 401(k) have a ticker symbol?\""}
{"_id": "175928", "title": "", "text": "Last I checked, the furthest southwest they went was the Knoxville-Christiansburg-DC route. Crazy to see that in less than a year, they go into Mississippi and Orlando now. I'd be all for cheap bus rides from Virginia to south Florida if it meant free wi-fi."}
{"_id": "175951", "title": "", "text": "Unfortunately, the tax system in the U.S. is probably more complicated than it looks to you right now. First, you need to understand that there will be taxes withheld from your paycheck, but the amount that they withhold is simply a guess.  You might pay too much or too little tax during the year.  After the year is over, you'll send in a tax return form that calculates the correct tax amount.  If you have paid too little over the year, you'll have to send in the rest, but if you've paid too much, you'll get a refund.  There are complicated formulas on how much tax the employer withholds from your paycheck, but in general, if you don't have extra income elsewhere that you need to pay tax on, you'll probably be close to breaking even at tax time. When you get your paycheck, the first thing that will be taken off is FICA, also called Social Security, Medicare, or the Payroll tax.  This is a fixed 7.65% that is taken off the gross salary.  It is not refundable and is not affected by any allowances or deductions, and does not come in to play at all on your tax return form. There are optional employee benefits that you might need to pay a portion of if you are going to take advantage of them, such as health insurance or retirement savings.  Some of these deductions are paid with before-tax money, and some are paid with after tax money. The employer will calculate how much money they are supposed to withhold for federal and state taxes (yes, California has an income tax), and the rest is yours. At tax time, the employer will give you a form W-2, which shows you the amount of your gross income after all the before-tax deductions are taken out (which is what you use to calculate your tax).  The form also shows you how much tax you have paid during the year. Form 1040 is the tax return that you use to calculate your correct tax for the year.  You start with the gross income amount from the W-2, and the first thing you do is add in any income that you didn't get a W-2 for (such as interest or investment income) and subtract any deductions that you might have that are not taxable, but were not paid through your paycheck (such as moving expenses, student loan interest, tuition, etc.)  The result is called your adjusted gross income. Next, you take off the deductions not covered in the above section (property tax, home mortgage interest, charitable giving, etc.).  You can either take the standard deduction ($6,300 if you are single), or if you have more deductions in this category than that, you can itemize your deductions and declare the correct amount. After that, you subtract more for exemptions.  You can claim yourself as an exemption unless you are considered a dependent of someone else and they are claiming you as a dependent.  If you claim yourself, you take off another $4,000 from your income. What you are left with is your taxable income for the year.  This is the amount you would use to calculate your tax based on the bracket table you found. California has an income tax, and just like the federal tax, some state taxes will be deducted from your paycheck, and you'll need to fill out a state tax return form after the year is over to calculate the correct state tax and either request a refund or pay the remainder of the tax.  I don't have any experience with the California income tax, but there are details on the rates on this page from the State of California."}
{"_id": "175955", "title": "", "text": "I don't see a contrast. It's really hard to predict which mutual funds will do well in the future. Predicting that ones which have done well recently will continue to do well works slightly better than chance. The WSJ article and Morningstar agree on all the objective facts, they just spin them differently."}
{"_id": "175962", "title": "", "text": "Capitalism is individualism. It wont change. Big Companies (Unilever is a good example) are making money for share holder's greed. CEOs of those companies earn a incredible pay. Disneyland's CEO earns 1.5 M a day (fairy tail). It IS a personal wealth accumulator."}
{"_id": "175968", "title": "", "text": "\"In a Roth IRA scenario, this $5,000 would be reduced to $3,750 if we assume a (nice and round) 25% tax rate. For the Traditional IRA, the full $5,000 would be invested. No, that's not how it works.  Taxes aren't removed from your Roth account.  You'll have $5,000 invested either way.  The difference is that you'll have a tax deduction if you invest in a traditional IRA, but not a Roth. So you'll \"\"save\"\" $1,250 in taxes up front if you invest in a traditional IRA versus a Roth. The flip side is when you withdraw the money.  Since you've already paid tax on the Roth investment, and it grows tax free, you'll pay no tax when you withdraw it.  But you'll pay tax on the investment and the gains when you withdraw from a traditional IRA.  Using your numbers, you'd pay tax on $2.2MM from the traditional IRA, but NO TAX on $2.2MM from the Roth. At that point, you've saved over $500,000 in taxes. Now if you invested the tax savings from the traditional IRA and it earned the same amount, then yes, you'd end up in the same place in the end, provided you have the same marginal tax rate.  But I suspect that most don't invest that savings, and if you withdraw significant amount, you'll likely move into higher tax brackets. In your example, suppose you only had $3,750 of \"\"discretionary\"\" income that you could put toward retirement.  You could put $5,000 in a traditional IRA (since you'll get a $1,250 tax deduction), or $3,750 in a Roth.  Then your math works out the same.  If you invest the same amount in either, though, the math on the Roth is a no-brainer.\""}
{"_id": "175975", "title": "", "text": "Actually, you're missing the key feature of CDOs.  Most CDOs use (much to our economic misery, ultimately) a system call tranching.  To simplify this idea, I'll make a two tranch example.  Suppose I buy mortgages covering a face value of $120,000,000.  Because they are subprime, if I just put them in a pool and finance them with bonds, the rating will be lousy and most investors will shun them (at least investors who are safety oriented).  What I do is divide them into two tranches.  One bond issue is for $100,000,000 and another for $20,000,000.  The idea is that any defaulting mortgage comes out of the latter bond issue.  I'll probably keep these bonds (the lower tranch).  Thus buyers of the first issue are safe unless defaults exceed $20,000,000.  Then the rating agencies rate the first issue AAA and it gets snapped up by investors.  In a strict sense it is overcollateralized, basically the entire $120,000,000 backs up the first bond issue. In reality, many CDOs had multiple tranches, with the lowest tranch being retained by the underwriters and the other tranches sold as bonds of various ratings."}
{"_id": "175981", "title": "", "text": "\"&gt; You don't have to decide if he's \"\"contributing to society\"\", you just decide if you want to buy his good at his price. If you think he's charging too much, then don't!  It's more complex than that.  You can't let businessmen engage in fraud and sell you a phony/defective product and argue that we should leave it up to the free market to eventually detect and punish him.  By the time the angry buying public is on to him and rejects his products, the damage has already been done, and he has already made out like a bandit and is probably in the process of closing shop and reopening under a different name to repeat the process all over again.\""}
{"_id": "175982", "title": "", "text": "Banks can't simply make loans in the void. This is how the cash flow works, generally:  1. Depositers *add* cash into the bank. The Bank now has cash. 10% of that cash is held on *reserve* per law. This cash is held on the balance sheet as an *asset* (cash) *and a liability* (demand deposits).   2. Someone requests a loan. The loan is funded from the non-reserved cash of these deposits. This results in a lessening of an asset (cash), and the creation of a new asset (loan).  3. Traditionally, as the debtor pays back the loan, the interest is distributed in some sort of split between the bank and the depositors. This means cash in from the loan and interest, and a liability (deposits) also go up.  4. Alternatively, while the above still happens, the bank can *securitize* the loan and sell that to investors. Investors then get access to the loan and its income, and the bank collects a fee. However, this means more cash on hand for the bank to originate additional loans without going near the reserve requirement.   If a bank extends too many loans and its reserve is threatened, it must borrow either from the fed or from other banks. These loans must be paid back."}
{"_id": "175983", "title": "", "text": "Of course they would have failed. Every big bank would have failed in 2008 if the Fed didn't step in. Jamie is good at spin and you're good at catching his talking points.  The 13 billion was only partially about Bear (a small part). If it was all Bear you can bet Dimon would have been telling that to anyone who would listen."}
{"_id": "175989", "title": "", "text": "&gt; So, your extreme cannot happen. Mine can.   My extreme cannot happen because you choose that it is not possible, not because it is impossible. The only reason that mine is possible is because I choose it to be a possibility... Isn't that one of the bedrocks of Libertarian policy - self sufficiency?"}
{"_id": "175996", "title": "", "text": "HARP is the Home Affordable Refinance Program. Announced in March 2009, HARP is a federally funded government program designed to help the 5 million homeowners who currently owe more on their mortgage then their home is currently worth, otherwise known as being underwater or near-underwater, refinance their mortgages into a fixed loan with a lower monthly payment. However, as of Aug. 31, only 894,000 borrowers have refinanced through HARP."}
{"_id": "176003", "title": "", "text": "\"Anybody who would put up their life savings and simply \"\"notice an odd clause\"\" and not have very large bells ringing with flashing signs saying \"\"NO!\"\" is not very financially savvy.  No wonder the banks considered her to be toxic.\""}
{"_id": "176015", "title": "", "text": "\"Great answer by @duffbeer. Only thing to add is that the option itself becomes a tradeable asset. Here's my go at filling out the answer from @duffbeer. \"\"Hey kid... So you have this brand-new video game Manic Mazes that you paid $50 for on Jan 1st that you want to sell two months from now\"\" \"\"Yes, Mr. Video Game Broker, but I want to lock in a price so I know how much to save for a new Tickle Me Elmo for my baby sister.\"\" \"\"Ok, for $3, I'll sell you a 'Put' option so you can sell the game to me for $40 in two months.\"\" Kid says \"\"Ok!\"\", sends $3 to Mr Game Broker who sends our kid a piece of paper saying: The holder of this piece of paper can sell the game Manic Mazes to Mr Game Broker for $40 on March 1st. .... One month later .... News comes out that Manic Mazes is full of bugs, and the price in the shops is heavily discounted to $30. Mr Options Trader realizes that our kid holds a contract written by Mr Game Broker which effectively allows our kid to sell the game at $10 over the price of the new game, so maybe about $15 over the price in the second-hand market (which he reckons might be about $25 on March 1st). He calls up our kid. \"\"Hey kid, you know that Put option that Mr Game Broker sold to you you a month ago, wanna sell it to me for $13?\"\" (He wants to get it a couple of bucks cheaper than his $15 fair valuation.) Kid thinks:  hmmm ... that would be a $10 net profit for me on that Put Option, but I wouldn't be able to sell the game for $40 next month, I'd likely only get something like $25 for it. So I would kind-of be getting $10 now rather than potentially getting $12 in a month. Note: The $12 is because there could be $15 from exercising the put option (selling for $40 a game worth only $25 in the second-hand market) minus the original cost of $3 for the Put option. Kid likes the idea and replies: \"\"Done!\"\". Next day kid sends the Put option contract to Mr Options Trader and receives $13 in return. Our kid bought the Put option and later sold it for a profit, and all of this happened before the option reached its expiry date.\""}
{"_id": "176017", "title": "", "text": "\"Checks (in the US, anyway) are only good for six months after they have been written. After that. under the US Uniform Commerical Code they are considered \"\"stale checks\"\" and banks need not accept them. My experience is that they generally won't -- but you probably shouldn't count on that, either when figuring out whether to try depositing an old check or figuring out how much cash you need to keep in your checking account to cover recent stale checks. The check you now hold is certainly a statement of intent to pay you and thus is a useful document to supplement other evidence that they still owe you the money -- but since checks can be cancelled and/or a replacement check may have been issued, its value for that purpose may be limited. You can try depositing it and see what happens. If that doesn't work (or you don't want to bother trying it) you can contact the retirement plan, point out that this check went uncashed, and ask them to send you a replacement. If they haven't already done so (you might want to check your own records for that), there shouldn't be any problem with this. (Note: Many business checks have a statement printed on them that they're only good for 90 days or so. If yours does, you can skip trying to cash it; just contact the retirement plan offices.)\""}
{"_id": "176034", "title": "", "text": "\"Your \"\"average company and taxpayer\"\" generally wouldn't have significant off-shore/foreign income. In the U.S., for example, even if you have your employer deposit all of your salary to an account at a foreign bank, they would still report it to the IRS as income. Removing the money from your home country isn't what gets it out of being taxed, it's that the money was never in your home country.\""}
{"_id": "176040", "title": "", "text": "So we stop developing new technologies? Stop learning things? Stop figuring out ways to do more with less?   The article provides no explanation for why growth is bad, and all indications of when growth has stopped it has been tremendously hard on the lower class."}
{"_id": "176053", "title": "", "text": "Of course. The fact that it's such a generic concern should be taken for granted - that's why I think the article focuses on it too much. Everybody knows that losing a lot of executives is bad news, even if there was no line in the 10-K at all. So I'd have preferred to see less about that and more information on what it could mean for this company specifically."}
{"_id": "176054", "title": "", "text": "Firstly if your Partnership makes less than $20,000 in revenue (before expenses are applied), then you cannot claim any net losses from the Partnership against your other income. However, you still need to include the Partnership details in your Tax Return showing your portion on the net loss, and you will also be required to submit a separate Tax Return for the Partnership showing the net losses. Any net losses from the Partnership will be carried forward to future tax years and can be used as a deduction against your Partnership Income when and if it does start to make a profit."}
{"_id": "176061", "title": "", "text": "\"Yeah the credit union near me sucks too. Short hours, long lines and impossible parking to go with the subpar online banking and lack of ATMs. Just because the sign reads \"\"credit union\"\" doesn't mean it's a good business. Not all credit unions are created equally.\""}
{"_id": "176070", "title": "", "text": "You can create something like that by: You'll have to determine the PE ratio manually from the financial statements.  To get the PE ratio for each company, you can try the Edgar database, though I doubt it goes as far back as 1950. This blog has a graph of the DJIA PE ratio from 1929 - 2009."}
{"_id": "176090", "title": "", "text": "Yes, you can depreciate gifts to your business subject to the special rules in \u00a7 1011 and Regulation \u00a7 1.1011\u20131 and 1.167(g)\u20131. It is dual basis property so when you sell the item your gain/loss basis will be different. Adjusted basis of the donor for gain, FMV on the date received for the loss. Minus any depreciation you add, of course, in both cases."}
{"_id": "176102", "title": "", "text": "The HR Strategy consultants should ideally be before pack; a company that is not afraid of technology and that values innovation. This is to create sure you are getting an HR company that knows and uses the most advanced technology in the core areas and is constantly trying to find wiser and cost excellent ways to deliver results."}
{"_id": "176104", "title": "", "text": "Some banks and credit unions have IRA accounts. They pay interest like a savings account or a CD but they are an IRA. After the 15th you can roll them over into a IRA at one of the big investment companies so you can get invest in an index or Target Retirement Fund. But it is not too late. Opening an account at one of the big companies takes ten minutes (you need to know your social security number and your bank account info) they can pull it out of your bank account. I helped my kid do the same thing this week. We went on-line Tuesday night, and they pulled the money from his account on Thursday morning. Also know which type you want (Roth or regular) before you start. Also make sure you specify that the money is for 2013 not 2014."}
{"_id": "176105", "title": "", "text": "Assuming that what you want to do is to counter the capital gains tax on the short term and long term gains, and that doing so will avoid any underpayment penalties, it is relatively simple to do so. Figure out the tax on the capital gains by determining your tax bracket. Lets say 25% short term and 15% long term or (0.25x7K) + (0.15*8K) or $2950.  If you donate to charities an additional amount of items or money to cover that tax. So taking the numbers in step 1 divide by the marginal tax rate $2950/0.25 or $11,800.  Money is easier to donate because you will be contributing enough value that the IRS may ask for proof of the value, and that proof needs to be gathered either before the donation is given or at the time the donation is given. Also don't wait until December 31st, if you miss the deadline and the donation is counted for next year, the purpose will have been missed. Now if the goal is just to avoid the underpayment penalty, you have two other options.  The safe harbor is the easiest of the two to determine. Look at last years tax form. Look for the amount of tax you paid last year. Not what was withheld, but what you actually paid. If all your withholding this year, is greater than 110% of the total tax from last year, you have reached the safe harbor. There are a few more twists depending on AGI Special rules for farmers, fishermen, and higher income taxpayers.   If at least two-thirds of your gross income for tax year 2014 or 2015   is from farming or fishing, substitute 662/3% for 90% in (2a) under   the General rule, earlier. If your AGI for 2014 was more than $150,000   ($75,000 if your filing status for 2015 is married filing a separate   return), substitute 110% for 100% in (2b) under General rule ,   earlier. See Figure 4-A and Publication 505, chapter 2 for more   information."}
{"_id": "176110", "title": "", "text": "Since there is no match on the 401k, it seems to me that your first priority should be your IRA (Roth or otherwise). I don't know what your salary is, but most 22 year-olds won't be maxing out both an IRA and 401k on only 10% of their incomes, so the rest of the list may be irrelevant."}
{"_id": "176114", "title": "", "text": "&gt;  Besides there are only so many marketable majors (basically STEM) and finance isn't really one of them unless you go to a target school  Sorry but this just isn't true. I work at one of the big banks and my analyst class has people from all types of colleges all around the country."}
{"_id": "176123", "title": "", "text": "Assets held within an ISA or New ISA are completely free of CGT, so you won't have to pay either income tax or capital gains tax."}
{"_id": "176124", "title": "", "text": "Until you use the supercharger stations too much and the car automatically starts limiting you to slower recharging speeds to prevent damage to the battery. It's an unfortunate side effect of quickly charging existing battery technologies, it should be alleviated once solid state batteries become widely available though."}
{"_id": "176137", "title": "", "text": "Japan PRODUCES.  Key point.  The Japanese work hard, produce and have a skillset and manufacture base important to the world economy.  Greece has Olive Oil and a population that took to the streets at the news that tax evasion would be investigated.  Not exactly comparing Apples to Apples."}
{"_id": "176156", "title": "", "text": "The stodgy old management woke up and realized that china is getting really good at producing their own industrial equipment now. They buy one used piece of equipment and knock it off, sell it for pennies on the dollar.  If they don\u2019t compete on better quality for only a little more money they are finished."}
{"_id": "176161", "title": "", "text": "\"To understand the VXX ETF, you need to understand VIX futures, to understand VIX futures you need to understand VIX, to understand VIX you need to understand options pricing formulas such as the \"\"Black Scholes\"\" formula Those are your prerequisites. Learn at your own pace. Short Answer: When you buy VXX you are buying the underlying are front month VIX futures. Limited by the supply of the ETF's NAV (Net Asset Value) units. It is assumed that the ETF manager is actually buying and selling more VIX front month futures to back the underlying ETF. Long Answer: Assume nobody knows what an options contract should be worth. Therefore formulas have been devised to standardize how to price an options contract. The Black-Scholes formula is widely used, one of the variables in this formula is \"\"Implied Volatility\"\", which basically accounts for the mispricing of options when the other variables (Intrinsic Value, delta, gamma, theta...) don't completely explain how much the option is worth. People are willing to pay more for options when the perception is that they will be more profitable, \"\"implied volatility\"\" tracks these changes in an option's demand, where the rest of the black-scholes formula creates a price for an option that will always be the same. Each stock in the market that also trades standardized options will have implied volatility which can be computed from the price of those options. The \"\"Volatility Index\"\" (VIX), looks at the implied volatility of MANY STOCK's options contracts. Specifically the \"\"implied volatility of out the money puts on the S&P 500\"\". If you don't know what that quoted part of the sentence means, then you have at least five other individual questions to ask before you re-read this answer and understand the relevance of these followup questions: Why would people buy out-the-money puts on the S&P 500? Why would people pay more for out-the-money puts on the S&P 500 on some days and pay less for them on other days? This is really the key to the whole puzzle. Anyway, now that we have this data, people wanted to speculate on the future value of the VIX. So VIX futures contracts began trading and with it there came a liquid market. There doesn't need to be anything physical to back a financial product anymore. A lot of people don't trade futures, retail investors have practically only heard of \"\"the stock market\"\". So one investment bank decided to make a fund that only holds VIX futures that expire within a month. (front month futures). They split that fund up into shares and listed it on the stock market, like alchemy the VXX was formed. Volatility studies are fascinating, and get way more complex than this now that the VXX ETF also has liquid options contracts trading on it too, and there are leveraged VIX ETF funds that also trade options\""}
{"_id": "176171", "title": "", "text": "\"Yeah, I don't think \"\"millennials\"\" are the ones to win over here. I had the opportunity to dinner at Applebee's twice, once in 1999, and then in 2013.  The Applebee's in Miami, Florida, was a cheerful place, the food was good and fresh, and the local chef had an exclusive hot wings recipe. We had a great time.  Now fast forward to Applebee's in NY, 2013. Weird place, awful attendance, tasteless food. Now, I don't know what happened there, but you can't usually justify your lack of managing and hard work on \"\"tendencies\"\".  Innovation and offering more than expected can do wonders for your business.\""}
{"_id": "176172", "title": "", "text": "Most transactions that the bank performs for you are electronic ACH transactions, so the costs to them are minimal in the long run.  Most banks do it now to keep up with the competition.  Almost every bank does it now, so they have to do it to attract new business and keep existing customers. Also, the more you rely on the bank and use them to pay bills, the more they learn about you over time and can use that data in overall marketing plans.  It's easier for them to record it into their system if it is all electronic to begin with."}
{"_id": "176183", "title": "", "text": "Physically or mentally unable to work because of a debilitating medical condition.   [How Americans Game the $200 Billion-a-Year 'Disability-Industrial Complex'](https://www.forbes.com/sites/theapothecary/2013/04/08/how-americans-game-the-200-billion-a-year-disability-industrial-complex/#f0651be4b6d8)  America\u2019s health-care entitlements\u2014Medicare, Medicaid, and Obamacare\u2014are the biggest drivers of our exploding federal debt. What you may not know is that there is a fourth program, that pays disability benefits through the Social Security Administration, that is also growing at an alarming pace. While part of that growth can be explained by the aging of the U.S. population, the largest factor in the proliferation of disability spending comes from the fact that Congress has dramatically expanded the definition of who gets called \u201cdisabled.\u201d **As a result, many able-bodied Americans have been granted government paychecks for life, crowding out our ability to direct needed resources to the genuinely infirm.**  The story of the growth in federal disability spending has been percolating for years. The Great Recession of 2008 led to a spike in unemployment; many people who had difficulty finding work discovered that they might be eligible for Social Security disability benefits, benefits that would replace a significant portion of their previously earned wages, while also qualifying them for Medicare, our generous health-insurance program for the elderly. Today, the United States spends around $200 billion a year, literally paying Americans not to work."}
{"_id": "176196", "title": "", "text": "Look for an accountant who brings not only expertise in number crunching, but consulting and business planning - a full package."}
{"_id": "176219", "title": "", "text": "I'm the exact opposite! If it's anything I'll need to reference, I find the e-book version better for me since I can ctrl (or cmd) F the PDF itself or use the search function in iBooks. It makes my life so much easier when studying!"}
{"_id": "176223", "title": "", "text": "\"just one of my personal examples:  in a national sales contest, me against every man/office coast to coast, I came in first.  not only first, but nearly 3x better than the second placer  I was fired at year's end  reason:  \"\"wannabe2good, you just don't fit in\"\"\""}
{"_id": "176229", "title": "", "text": "Yes, you can have both.  You'll need business income to contribute to a SEP IRA though."}
{"_id": "176230", "title": "", "text": "Let us consider the risks in the investment opportunities: Now, what are the returns in each of the investment: What are the alternatives to these investments, then?"}
{"_id": "176253", "title": "", "text": "Small companies are generally able to adapt quickly to take advantage of changing conditions to enter new markets when the economy is growing. This gives them a lot of growth potential under those circumstances. However, in times of crisis, there may not be a lot of new markets to enter, and financing to expand any operations may be impossible to get. Under these conditions, small-caps will suffer relative to large-caps."}
{"_id": "176254", "title": "", "text": "The earlier answers answered the question on how a more practical trader can lose money. Here I'd like to mention some obtuse ways  Using debt to buy stocks. If one is borrowing at a higher rate than they are getting back, from an economics prospective their stocks are losing money even if the value of those stocks are going up. Using debt to buy stocks. I'll simplify the nightmare situation. I know someone who has Y dollars of cash. Their broker will loan them X. With their X+Y money, they purchase some equities through the broker. The agreement of the loan is that if the value of those equities drops below a certain percentage of the outstanding debt (ex 150%), the broker will automatically and without notification, sell some equities indiscriminately to reduce the outstanding debt. Being in high-interest debt but buying stocks. There are millions of people who are paying 15+% interest rates on consumer debt while investing and getting 5% returns or less on average. Similar to an earlier point, from an economics prospective the choice to buy equities is a profit losing choice."}
{"_id": "176262", "title": "", "text": "Treasury bonds (of the same date and maturity) are completely fungible. One is exactly the same as the other. It doesn't matter who the Fed buys it from in the long term: there will be fewer outstanding Treasury bonds and more outstanding US dollars, and the price of a Treasury bond will be higher. If Goldman Sachs owns US treasury bonds, they will benefit from quantitative easing one way or another, simply because the value of those bonds goes up when the Fed is willing to buy them at a good price. In the short term, banks might do things with money (like make loans and perform other investment activity) a little faster than the Treasury. (The Treasury might skip or reduce the size of future bond sales.) There is also the opportunity for a tiny amount of arbitrage between the market price of a bond and the price the Fed is willing to pay, but everyone with a big chunk of bonds is able to compete for that little bit of profit (which is why these things are called open market operations) so it's not really all that hot. Really, people! There are far more legitimate criticisms of QE2 than Goldman Sachs participating in the treasury auction process! For starters, consider criticisms of the effects of the policy."}
{"_id": "176265", "title": "", "text": "There are so many qualifiers in that story that you cannot take it seriously.   Solar will be the cheapest way to get some amount of daytime generation to supplement em field generation.   When you try to go 100% solar your costs skyrocket because if the storage requirements and supplemental generating capacity you need."}
{"_id": "176278", "title": "", "text": "I'm in the same boat. I lost a great, functional app that was years deep in development, and instead got a beta-grade app that has wrong street names and a cartoonish look. People can downvote me all they want - I'm not sure why I'm supposed to find this change acceptable."}
{"_id": "176283", "title": "", "text": "That's exactly what happened with the banking catastrophe this past decade.  The CEOs set up a culture that encouraged improper loaning while not actually telling people to do it.  So what ended up happening is that the only people that got penalized are low-level, poorly trained desk jockeys, because they're technically the only ones that did anything illegal."}
{"_id": "176284", "title": "", "text": "The term business credit normally refers to one or more credit cards which can be used to make purchases on behalf of a business. A business credit card will usually have both the business name and the card holder's name printed or embossed on the card. In most cases the cardholder will have provided a personal guarantee when applying for the card. A personal guarantee ultimately makes the card holder liable for all charges made on the card."}
{"_id": "176308", "title": "", "text": "1.  it's easy to make a 1000+ powerpoint when every other slide has just one word.    2.  the goal of powerpoint is to simplify -- not drag-out to 1000's of clicks.  still... props for selling his company -- that's quite an accomplishment in an of itself."}
{"_id": "176326", "title": "", "text": "\"People are arguing the irrelevant net income/sales debate. It's a moot point.   The papers are bringing to light 100% legal tax-avoidance schemes limiting tax liability. Ikea does it. Apple/Google does it. Everyone does it.  1. All Starbucks European sales are charged 6% of total sales in intellectual property royalties to a Swiss and Dutch subsidiary. Dutch sub is officially labeled as the HQ and has 73M euro revenue, but only has 97 employees and 500k euro profit. Moreover, those countries have only 2% corporate tax, and the EURO President is based in London.  2. Starbucks owns vertical supply chain subsidiaries that does the coffee buying, roasting, packaging and charges a premium called \"\"transfer prices\"\" to Euro Starbucks. Those subsidiaries are located in Switzerland (2% tax vs 24% tax in UK).  3. Starbucks UK is funded through debt as it takes out inter-company loans at 4%+Libor (McD pays at or below Libor).   [\\[Source\\]](http://www.msnbc.msn.com/id/49417811/ns/business-world_business/#.UH2XNMXA--0)\""}
{"_id": "176327", "title": "", "text": "\"From my recollection of Warren Buffett's book \"\"Warren Buffett and the Art of Arbitrage\"\", the following factors determine the difference between the market price of a stock and the future expected price of an acquisition or merger: Time: Assuming the deal will close, the market price should approach the offer price as the closing date approaches. The fact that there is a 14% spread partially reflects the time value of money. Probability: Things could happen between now and closing date which could derail the deal. The higher the spread the more likely the market thinks the deal will not occur. For example, LO shareholders could reject the offer saying it is too low, or anti-trust regulators could say the deal is anti-competitive. Part of this 14% spread indicates the probability of the deal completing.\""}
{"_id": "176332", "title": "", "text": "&gt;I'm supposed to work until December and I'm not getting paid (just compensated for lunch and transportation).  &gt;I really wanted to quit, but the boss, who went to my school, keeps telling me that she'll be in a difficult position if I quit.  Of course she will be in a difficult position. She'll have to pay someone for their work.  Unless you're a [trainee](http://wdr.doleta.gov/directives/attach/TEGL/TEGL12-09acc.pdf)  [unpaid internships are illegal](http://www.nytimes.com/2010/04/03/business/03intern.html?pagewanted=all)."}
{"_id": "176334", "title": "", "text": "A simple and low-interest loan is probably the least likely to cause acrimony, aside from a direct gift. You seem to be describing an equity stake in their house, where some portion of the appreciation in value accrues to you (relative to your initial investment).  An equity stake in their house probably doesn't make much sense.  You sound as though you're not going to do any of the work aside from the contribution of money.  Equity might make sense as a way to reward you for efforts, such as home design or renovation, that increase the value of the home.  You probably don't want to be in a position where you are together improving the property and your payback only comes when she sells for more money.  What if you have different ideas of how to do it?  She has to live there and may want improvements for her needs rather than for buyers.  What if she asks you to pay for a portion of the improvement costs or resents you not offering?  What if she doesn't want to sell for some reason, so your money is locked up with her family choices?  Renovations can often be stressful, so these decisions may be made at difficult times. Either a gift or a low-interest family loan may be simpler for your needs.  You can just set the loan terms you want, say payoff over 10 years or a deferred payment schedule.  If she gets in trouble, you could perhaps delay or forgive payments.  I don't know the UK tax consequences of a loan of this nature, if any. As a general proposition, it's best to set clear and simple expectations at the beginning, and avoid agreements that require multiple decisions to be made consensually in the future, possibly during a time of stress."}
{"_id": "176335", "title": "", "text": "\"You will invest 1000\u00a3 each month and the transaction fee is 10\u00a3 per trade, so buying a bunch of stocks each month would not be wise.  If you buy 5 stocks, then transaction costs will eat up 5% of your investment.  So if you insist on taking this approach, you should probably only buy one or two stocks a month. It sounds like you're interested in active investing & would like a diversified portfolio, so maybe the best approach for you is Core & Satellite Portfolio Management.  Start by creating a well diversified portfolio \"\"core\"\" with index funds.  Once you have a solid core, make some active investment decisions with the \"\"satellite\"\" portion of the portfolio.  You can dollar cost average into the core and make active bets when the opportunity arises, so you're not killed by transaction fees.\""}
{"_id": "176342", "title": "", "text": "Vanguard has low cost ETFs that track the S&P 500. The ticker is VOO, its expense ratio is 0.05%, which is pretty low compared to others in the market. Someone correct me if I'm wrong, but you won't have to pay tax on the dividends if it's in a retirement account such as a Traditional(pay taxes when you withdraw) or Roth IRA(pay income/federal/fica etc, but no taxes on withdrawal)..."}
{"_id": "176343", "title": "", "text": "Because the population of NYC was shy of 7 million in the 1930s, now it's over 8.5.    If government weren't corrupt, they would have issued new medallions to meet the demands of a growing city.  But they were invariably entrenched with and thus beholden to the monopoly they created, so did nothing while medallion prices skyrocketed over a million dollars.    Remember that a medallion is an artificial shortage and a barrier to entry."}
{"_id": "176348", "title": "", "text": "You are claiming that this 'idea' is liberal:  &gt;...the National Government has a role in centrally planning restrictions on freedom...  Are you suggesting anarchy as s viable political-economic system? I doubt it. Given that, everyone except anarchists see a role for the national (and other levels of) government to pass various laws.   Secondly, how do you see the MIC having anything to do with the government restricting freedoms?"}
{"_id": "176350", "title": "", "text": "One issue is whether it is a scam or the collector has a right to collect. Another issue is the statute of limitations period on the debt.  If it has expired, the creditor cannot get a court judgement against the borrower (if the borrower contests it).  However, if the borrower makes a payment, or promises to pay, the time resets to zero, starting a new period subject to valid court action.  In the U.S. the length of this period varies by state.  (This period is different from the amount of time a debt can be listed on a credit report.)"}
{"_id": "176357", "title": "", "text": "Sometimes I think a question like this is one of moral versus legal.  The reality is that you know you owe the money because you received the services.  You're right that the bill should have been sent to you, and the natural urge for many people is to just count it in the win column when things like this happen and there's the chance to avoid paying. I suppose my question for you is, are you comfortable with the notion that you are not paying something that your heart of hearts tells you should be paid?  If roles were reversed and you, as a business owner, had forgotten to bill something for which you were rightfully due payment, wouldn't you hope they'd have the integrity to pay you anyway? The legal side of this can be a bit trickier, and much depends on the state you're in (assuming you're in the U.S.) because some have stiffer consumer collection and protection laws than others.  The rehab center could, when doing an audit of its accounts, discover that you didn't pay for these.  They could take the polite course of action and call you with a gentle reminder or send a bill, or they could be not so nice about it.  Either way, they can't send anything to collections for which you haven't been presented a bill and demonstrated an unwillingness to pay.  There's a process in place, regardless of the state, so they can't just automatically put it into collections. I will close with this question for you: did the rehab center help you with what you needed, and are you healthier and better because of their care?  If so, pay the bill.  That's my advice.  Keep in mind that unpaid medical costs just raise the prices for everyone else, because these providers will make up for the loss somewhere. I hope this helps. Good luck!"}
{"_id": "176361", "title": "", "text": "The Geloman's Indian Spares provide the best Indian motorcycle parts at an affordable price. You can get a better part from our spare parts store by also considering what you will get with it. If you are going to be using the Indian motorcycle spares for the actual engine, you really should go for the best spare parts workshop. This is because they are normally warranted and you are able to take it back to the store if it's not the right thing or the right size or if it doesn't work like it should."}
{"_id": "176367", "title": "", "text": "This is what I, as a Canadian, keep saying.  What remains united about the USA? I see is divided ideas, diametrically opposed opinions, voting, spending habits, etc. The opposition to one side's ideas run so deep that families avoid talking about it with the other side, even though they're in the same family.  There are certainly differences of opinion in Canada as well, but it seems we still talk enough about most things that we can find some common ground to use moving forward."}
{"_id": "176383", "title": "", "text": "Checks are awesome things in that, even if it gets lost the money doesn't change hands until the check is cashed. I would highly recommend NOT signing a check over and putting it in the mail though. Essentially putting your signature on it is saying yes, pay to whomever. Theoretically acceptable, rarely a good idea. Call the insurance company and have them cancel current check to reissue to the correct people. Don't forget to write VOID (in huge letters) on the check before throwing away and/or tearing it up."}
{"_id": "176384", "title": "", "text": "Something to consider is how broad is Yahoo! Finance taking in their data for making some comparisons.  For example, did you look at the other companies in the same industry?  On the Industry page, the Top Life Insurance Companies by Market Cap are mostly British companies which could make things a bit different than you'd think. Another point is how this is just for one quarter which may be an anomaly as the data could get a bit awkward if some companies are just coming back to being profitable and could have what appears to be great growth but this is because their earnings grow from $.01/share to $1/share which is a growth of $10,000 percent as this is an increase of 100 times but really this may just be from various accounting charges the company had that hit its reserves and caused its earnings to dip temporarily."}
{"_id": "176397", "title": "", "text": "Generically, like farnsy noted in the other answer, you will only come ahead in dollar terms when you are significantly riskier than the average insuree. Otherwise the insurance company would have higher rates to make a profit. In the case of Apple Care there can arguably be other factors involved. If you did not insure your $2000 laptop and it broke (unfixably) just after the warranty period, would you replace it with a new Apple product? Maybe not, so Apple could lose a customer. That means they have an incentive to keep you happy. If your product breaks but insurance replaces it, you are a happier customer and more likely to buy other Apple products. This is not an incentive for traditional insurance companies that only do business in insurance. Now, with the profit margins Apple likes in general, I don't know if they've underpriced their insurance. I sort of doubt it even. But their margins on it are probably not high, meaning it's a closer call even if you are only averagely risky."}
{"_id": "176414", "title": "", "text": "\"&gt;Actually the reason isn't because of the gold standard. The real reason is because we have seen a sharp increase in fruit imports over the past 5 decades.  Huh? Agriculture is down to single digits as part of the GDP. What does that have to do with a gold standard and monetary policy?  &gt;Productivity is up rather dramatically as compared to 40 years ago. Maybe you mean manufacturing?  Productivity is up since say, the turn of the century but this is to be expected since we incorporated electricity, oil, automobiles and eventually computers.   But as soon as the USA left the gold exchange standard, total factor productivity began to dramatically stagnate.   That means the growth in productivity.   You can see this best here: http://azizonomics.files.wordpress.com/2012/06/tfp.jpeg  Think of productivity like GDP. It used to be 5 and was on its way to 6, but right as we went off the gold standard, productivity increases stagnated and by 2007 we're only at 5.5 instead of the expected 6. This uses a logarithmic function wherein 6 is 10x more than 5. So while productivity has not fallen in an absolute sense, growth in productivity which is more important than absolute GDP growth has fallen and is infact related to a decrease in productivity growth.  &gt;The reason you're seeing the gains over the past several years shifting towards the rich is due to a combination of tax policy and a rise in cronyism caused by our campaign financing problems. Big businesses often have a lot of lobbying power to get laws passed that ultimately are felt by the rest of the economy.   The reason it has shifted to the rich is because as the currency has debased the gains have gone towards the biggest companies, wealthiest individuals, assisted by government which works like an auction house to those with connections which is why lobbying ROI is huge.  &gt;Fiat currency is a good thing for countries like the United States. We can safely finance and pay our debts for a few more years while wracking up debt without fear of hyperinflation.   Because our massive debt is doing so well for us? In the beginning it looks nice because there is very little pain and is practically unnoticible, but as we see current events playing out in the US and to a greater extent Europe which isnt as tightly knit economically as the US, fiat currency has huge problems. Hyperinflation of commodities and deflation of assets are occuring before our eyes. House values are plummeting, medical/education/consumer goods are inflating. Not QUITE to the hyper part, but inflation is increasing and only when commodities such as oil see a deflation in demand as we see right now does inflation look under control. Shadow inflation is very much alive.  If you have dollars in savings, the rates do not even outpace inflation, you are forced into riskier and risker investments to make a return.  &gt;Now, there may be a lot to gripe about how the United States is currently spending its money, but it's established \"\"practical\"\" fact that government investment can spur growth, level out recessions, help people, etc.  Established over what? the last 40 years? Thats hardly enough time to call practical fact when the gold standard existed for hundreds and thousands of years. Infact NO fiat currency that has ever existed has survived. That is the real fact, and the dollar and euro themselves are currently going through the end stages of this cancer.   &gt;TL;DR The Gold Standard sucks, it has a lot of problems. Fiat Currency rocks for the USA because USA Fuck yeah! We are in a particular advantage where the real risks of fiat currency don't really apply to the USA  **55 Million on food stamps with 20-30 million more on other forms of government assistance such as unemployment and welfare, unemployment increasing, GDP growth decreasing, median income decreasing, total employment stagnant (Same number of full time wage earners exist today as in 2000, despite 30+ million more American citizens), decreased consumer confidence, Average age of cars on the road went from 5 years in the 1960s to 12 years today (people dont buy new cars as frequently meaning less disposable income), decreased home ownership, increased retirement age, decreased young american employment.**  **I am not sure why you think that the USA is in such a great position. The american dream is faultering if you're just starting out in life. Just ask any number of recent college grads who are increasingly living with parents, not getting married and can't find jobs.**\""}
{"_id": "176415", "title": "", "text": "In your case it's all going to come down to the rates and how long you expect to live in the new house: As for whether to pay down the student loans or the mortgage first, you'll need to compare the rates, and also adjust for the tax deduction you'll get on the mortgage interest. (You make too much money to deduct any of the student loan interest.) If the student loan and morgage rates are similar, then most likely you're going to be better off paying down the student loans first. As for 15 vs 30 year, typically the rates are better on the 15 year. If they were somehow the same, then you'd be better off with the 30 yr and making the equivalent payments to the 15 year simply so you have the choice of making a lower payment in the future if you ever want to. But generally, if you plan on always making the 15 year payment amount, then you would be better off going with the 15 year just to secure the lower rate. In your case though, sticking with the 30 year and throwing the difference at the student loan may actually benefit you even more, again due to the tax deduction of mortgage interest."}
{"_id": "176424", "title": "", "text": "\"JoeTaxpayer's answer mentions using a third \"\"house\"\" account. In my comment on his answer, I mentioned that you could simply use a bookkeeping account to track this instead of the overhead of an extra real bank account. Here's the detail of what I think will work for you. If you use a tool like gnucash (probably also possible in quicken, or if you use paper tracking, etc), create an account called \"\"Shared Expenses\"\". Create two sub accounts under that called \"\"his\"\" and \"\"hers\"\". (I'm assuming you'll have your other accounts tracked in the software as well.) I haven't fully tested this approach, so you may have to tweak it a little bit to get exactly what you want. When she pays the rent, record two transactions: When you pay the electric bill, record two transactions: Then you can see at a glance whether the balances on \"\"his\"\" and \"\"hers\"\" match.\""}
{"_id": "176427", "title": "", "text": "\"&gt;Provide better quality of life for its citizens. That's the whole point of the economy. Right now it's not doing that, it's broken. That's why we need to fix it.  That checks out.  &gt;For 100-500 years, you're probably right. But I'm not talking about the last 100 years, I'm talking about the last 30-40 or so. Every statistic I've seen indicates that the middle class and poor's purchasing power has stagnated severely while the rich have continued to rise, and it's put enormous economic strain on the middle and lower classes.  Average hours per worker has increased versus 30-40 years ago. That and better technology means we are more productive than ever. Production is great. Maybe it's too great?   If you slowed production, maybe you could prevent wealth from collecting in a few hands so quickly?  Wouldn't that be a \"\"weaker economy\"\" rather than a \"\"stronger economy\"\"?  How exactly would you implement that, short of a rebellion?  Here's the crux of your problem. America got incredibly wealthy from WW2. This is why 30-40 years ago, there was a rich middle class that was stronger than it is today. This was not \"\"the economy's\"\" success. This was luck (or strategy, depending upon how much government planned it out).\""}
{"_id": "176447", "title": "", "text": "According to my post:  &gt; Even after this year's slump in the stock, Sears has been a profitable investment for Lampert. His hedge funds paid about $16 a share for the stake in the chain, based on regulatory filings and Bloomberg calculations."}
{"_id": "176457", "title": "", "text": "Need window cleaning in Plano, TX? Call Windows By George here at (972) 424-0800 to get a professional and reliable window services to meet your needs. Located at 2116 Northcrest Drive, Plano, TX 75075, Windows By George offers an excellent services that will get your windows a spotless sparkling exterior of a home. Visit http://www.windowsbygeorge.com/residential-window-cleaning.php for more information about their residential window cleaning services."}
{"_id": "176475", "title": "", "text": "&gt; Relative to Netflix, I don't feel like Prime holds up.  I mean, yeah.  Netflix also costs more than Prime every year, and doesn't come with all the real reasons I have prime :)    I feel you on the Tivo issue, I wish they were better about that.  I play it through the desktop PC hooked up to my living room TV, and I have a fire stick in my bedroom, so that experience is definitely different between us.    But yeah, you may just not be into their originals.   They'll keep trying though, haha, they got all sorts of money flooding into that."}
{"_id": "176485", "title": "", "text": "As a solo-investor I'm not sure how I'd prove that.  Showing statements? Sorry, not out of privacy but out of embarrassment.  I've made quite a few mistake of investing in companies against market sentiment that proved to be god awful right, and god awful wrong for me.    I'm hoping for a helluva rebound in the 10's"}
{"_id": "176489", "title": "", "text": "(For people looking at this question many years later...) Schwab and Fidelity offer a wide selection of commission-free ETFs.  You need an initial purchase amount, though, of (when last I checked at Schwab) $1,000."}
{"_id": "176496", "title": "", "text": "\"I think it's because reputation is extremely important. Have you heard of Arthur Anderson? There were five large accounting firms, appropriately named the \"\"Big Five\"\". It is now the \"\"Big Four\"\". Arthur Anderson were the ones handling the Enron financials.  Anyway, what do they really have to gain from colluding with the firms they are auditing? Continued business is one possibility but in the grand scheme of things it's not going to be that much money, at least not enough to risk the damage to reputation. Even if the firm being audited threatens to take business elsewhere if they don't fudge the financial reports, it would only be a credible threat if the other firms were willing to collude with the firm.\""}
{"_id": "176498", "title": "", "text": "\"There are a great number of financial obligations that should be considered more urgent than student loan debt.  I'll go ahead and assume that the ones that can land people in jail aren't an issue (unpaid fines, back taxes, etc.). I cannot stress this enough, so I'll say it again: setting money aside for emergencies is so much more important than paying off student loans.  I've seen people refer to saving as \"\"paying yourself\"\" if that helps justify it in your mind.  My wife and I chose to aggressively pay down debt we had stupidly accrued during college, and I got completely blindsided by a layoff during the downturn.  Guess what happened to all those credit cards we'd paid off and almost paid off?  Guess what happened to my 401k? If all we had left were student loans, then I still wouldn't prioritize paying those off.  There are income limits to Roth IRAs, so if you're in a field where you'll eventually make too much to contribute, then you'll lose that opportunity forever.  If you're young and you don't feel like learning too much about investing, plop 100% of your contributions into the low-fee S&P 500 index fund and forget it until you get closer to retirement.  Don't get suckered into their high-fee \"\"Retirement 20XX\"\" managed funds. Anyway, sure, if you have at least three months of income replacement in savings, have maximized your employer 401k match, have maximized your Roth IRA contributions for the year, and have no other higher interest debt, then go ahead and knock out those student loans.\""}
{"_id": "176505", "title": "", "text": "&gt;One reason RIM is determined to stay the course (for now) is that it has &gt;a hidden gem: Its private, global, more-or-less cryptographically secure ?&gt;network.  Might be a stupid question, but what really is the big deal with their secure network. Doesn't something like Exchange ActiveSync have enough security (by using TLS)?"}
{"_id": "176523", "title": "", "text": "How is this Spam? If you look me up you'll see why I posted... I have been manufacturing for seven years and written several articles around helping businesses cut costs.   If you think it's spam, you haven't done any research."}
{"_id": "176547", "title": "", "text": "Sure, they might. But they might just owe their overseas subsidiary so much that they never make money on paper in the US thus pay no tax at all. The funny thing is these tricks that make them not pay taxes here keep happening, if only congress would stop fellating the rich then you might be right."}
{"_id": "176548", "title": "", "text": "CDs may be one good option if you have a sense of when you may need the money(-ish), especially with more generous early withdrawal penalties. You can also take a look at investing in a mix of stock and bond funds, which will lower you volatility compared to stocks, but increase your returns over bonds."}
{"_id": "176556", "title": "", "text": "\"Oowwww . . . .I am afraid I am going to have to disagree with you on that one and suggest you stop fiddling with your dick and blow some shit up or you will pay a high price, because the time is soon coming when America is going to have to attack some one because the idiot in the white house is going to think it makes him look presidential.  He is going to want a nice easy win, because he has looked like the biggest asshole that America has produced since Kennedy tried to catch one with his teeth and it isn't easy with all of Israel forever yammering about how every body wants to destroy them and nethanyahu digging a furrow in Trumps ass like a frenzied poodle,  because his wife is a little heavy on the government spending . .ya huh?  So when decision time comes and Mr. Brain wave in the White house asks him self  \"\"Should we attack the country with nuclear weapons or the one with out?\"\"  You are going to wish you had spent less time fiddling with your dick and spent more time blowing shit up.\""}
{"_id": "176557", "title": "", "text": "\"Not \"\"these\"\" batteries, they will still be using a mixture of solar, wind, gas and oil, nuclear and coal. Maybe a generation or two, but definitely not these batteries.  I honestly don't care how cheap these things get, until we have an infrastructure to support it,  we will be struggling.\""}
{"_id": "176596", "title": "", "text": "\"Parts of what you want are possible, but taken as a whole, you're out of luck. First of all, there is no master database of every cardholder in the country.  The only way to check if information is correct is to ask the issuing bank.  The AVS system is a way to automate doing so, but it's possible to call the bank directly and verbally verify the address.   That means you're subject to the whims of what the issuing bank chooses to support.  Banks that are part of the Visa and MasterCard networks generally only verify the numeric parts (address, apartment number, zipcode).  AmEx can also verify the cardholder name.  But if the bank doesn't have support for validating something, you can't validate it. Separately, there is a \"\"verify-only\"\" transaction which some processors support, which will do exactly what you want:  Return AVS values without ever charging the card.  However, processors require you to have the \"\"approved merchant account\"\" you don't want to have to have.  Without being a merchant, you shouldn't have access to other people's credit cards anyway.  Would you really want anyone in the country to be able to verify anyone else's address whenever they want? In short, whatever purpose you have for wanting this probably falls into one of three categories:\""}
{"_id": "176599", "title": "", "text": "I work in a bank and see these people first hand. It\u2019s kind of sad really. They come in to open a business account. Full of excitement for this new \u201cbusiness opportunity\u201d.    After a month or two of holding wine parties with their friends and family and making some sales they realize they can\u2019t be hounding their friends and family to buy from them.   Their excitement turns to tempered optimism as they try to come up with more ways to drum up business.   After failing to do so they come back to me, defeated and close their business account. They\u2019ll never tell me exactly why they closed, it\u2019s always \u201cOh, I just don\u2019t have time\u201d or \u201cI\u2019m working too much at my regular job\u201d but I know.   It was a scam all along."}
{"_id": "176603", "title": "", "text": "How is this not what everyone is taking about?? It's the first thought I had hearing this news. [Amazon Go](https://youtu.be/NrmMk1Myrxc) is such an obvious play here. It will take years but the Whole Foods customer base is an ideal market for it, no doubt that was the pitch from Bezos."}
{"_id": "176613", "title": "", "text": "air conditioning repair  ---Do you know how Service Experts Heating &amp; Air Conditioning helps you beat the heat? With expert air conditioning repairs from our NATE-certified HVAC service technicians. NATE-certification means we have the experience, skills and tools to fix HVAC problems the first time. So when you need your Air Conditioner repaired fast, just give us a call or schedule your repair appointment online."}
{"_id": "176626", "title": "", "text": "I hate the USPS.  The vast majority of the mail I receive is worthless, literally the only things I get that are worthwhile are magazines and things people send specifically to me.  Their pricing structure for services is bizarre and confusing, and their employees are generally surly.  I ship by other means whenever possible and I think it's ridiculous to ask for more support to stop the gov't from pulling resources.  That said, it's also unreasonable for the gov't to forbid the USPS from closing branches.  If you aren't going to give enough funding, at least let them accomodate by cutting costs."}
{"_id": "176627", "title": "", "text": "Expense accounts are closed into equity.  Same with revenue.   So an increase in an expense means lower equity (lower retained earnings since there is more expense). Ergo, decrease equity and increase a liability. Increase a liability since it was accrued, which is usually used specifically to refer to things that kind of just happen in the background. Aka the firm most likely didn't pay cash for that right then and there so increase a payable."}
{"_id": "176640", "title": "", "text": "A pencil and a small notepad really work here, but if you have a smartphone then some way of using it makes sense as well. Try: Transcribe all of these onto a better record at the end of each day. Also record the amount of money in your wallet/purse/pocket every day, and check to see if the amounts you've recorded add up to the amount you've spent. It'll be easier to remember that newspaper you bought at the end of the day, rather than a week later. Or just record the difference as 'miscellaneous'."}
{"_id": "176663", "title": "", "text": "\"If you're not convinced it's ineptitude - willful or otherwise - then ask yourself how life, property &amp; casualty insurers, endowments, foundations, etc (in addition to the bevy of DB plans that are adequately funded) have managed to survive as long as they have.  You should ask yourself:  Was this just \"\"bad luck,\"\" beyond the control of managers?  Or were these willful decisions by financial professionals, within the context of highly competitive industries, to divert resources elsewhere with the *hope* that taking a riskier path would ultimately pay off?\""}
{"_id": "176687", "title": "", "text": "First, assuming you are making payments for a savings deposit.  The present value of the deposit is the sum of the all the payments discounted to present value.  In this case they would be discounted by the rate of inflation: \u00a3100 deposited next year is worth less than \u00a3100 today because it will be eroded by inflation.  With a higher rate of inflation the payments are discounted more heavily, so the present value decreases.  A deposit, or annuity due (see Calculating the Present Value of an Annuity Due), can be expressed mathematically like so:-  \u2234 by induction  So for example, the following annuity has a present value of \u00a31,136.76 The total amount that will be paid for the annuity is 12 x \u00a3100 = \u00a31,200.  With a higher rate of inflation, say 2% per month, and with the same 12 x \u00a3100 payments, the present value of the annuity decreases. In Excel (\u00a31,078.68) A similar case is that for a loan, or ordinary annuity (see Calculating the Present Value of an Ordinary Annuity), except the discounting factor is the loan interest rate rather than inflation and repayments are made at the end of each period rather than at the start. The present value of a loan is the value of the all the future repayments discounted to present value.  With a higher interest rate the payments are discounted more heavily, so the present value decreases.  A loan can be expressed mathematically like so:-  \u2234 by induction  So for example, the following values fulfill a loan worth \u00a31,125.51 The total amount that will be paid for the loan is 12 x \u00a3100 = \u00a31,200.  With a higher rate of interest, say 2% per month, and the same 12 x \u00a3100 repayments, the present value of the loan that can be obtained decreases. In Excel (\u00a31,057.53)"}
{"_id": "176688", "title": "", "text": "These services are immensely popular in big cities where grocery shopping time is scarce and a lot of younger people are foregoing car ownership. The price is a little high (base package is $60/week for 3 meals for 2 people) but provides good value if you're willing to cook the food.  I think their biggest hurdle though is retention. These services are fun for the first few months until they start to feel like a chore. And if you don't end up cooking the food you throw out a ton compared getting takeout on your way home from work."}
{"_id": "176691", "title": "", "text": "Imagine when 5G and 6G wireless allows for speed fast enough to where you don't need internet connection and you can even get enough bandwidth wirelessly for your whole house. You see the trends of Google and Apple trying to be connected to your home. I'm surprised microsoft and Sony haven't been making the same moves to make these consoles an entire home hub with the internet of things."}
{"_id": "176694", "title": "", "text": "\"You are correct. I should have said \"\"most nothing\"\" but the premise is the same. Cancer can grow exponentially and leads to death. The growth cycle in nature starts out fast and then trails off and steadies out. Exponential growth begins slow and becomes unmanagable at some point as it approaches infinite.\""}
{"_id": "176699", "title": "", "text": "Yes, the stock price drops on official listing. But what gonna happen on first trade after the dividend date, is up to the market. The market is the market, the rules are the rules. I saw prices going up more than once just after the dividend date, exactly because people think will be cheaper. Market doesn't always follow rules."}
{"_id": "176700", "title": "", "text": "&gt; who owns walmart? shareholders - people. your neighbors. who benefits from their lower prices - same.   Great, same people that are doing well right now.  Nothing changes if they are less greedy and more helpful to their workers.  &gt; im a libertarian.  Yeah yeah, everyone is 'free' to do whatever.  People can get jobs elsewhere.  Prices can still be low and people can still make tons of money, just slightly less money for those at the top and slightly more for those at the bottom rungs.  Like I said, it just boils down to treating your workers fairly.  &gt; your arguments are the same as those who support trade barriers, tariffs, etc.   Not really, but I don't think those things are necessarily bad if they serve to stop abuse or cheating."}
{"_id": "176709", "title": "", "text": "I'm not sure what Tim Cook being gay has to do with anything and considering the fact that he hosted a fundraiser for Paul Ryan it's kind of a moot point to make.  While he may not be a fan of all of President Trump's policies he is openly willing to work with the organization.  Zuckerberg, on the other hand, has personally and through his organization actively work against the president.  He also skipped an earlier tech meeting at the beginning of the year sending, if I remember correctly, an executive assistant instead.    So again, no surprise that he skipped this one as well."}
{"_id": "176717", "title": "", "text": "\"The T+3 \"\"rule\"\" relates only to accounting and not to trading.  It does not prevent you from day trading.  It simply means that the postings in you cash account will not appear until three business days after you have executed a trade.  When you execute a trade and the order has been filled, you have all of the information you need to know the cash amounts that will hit your account three business days later. In a cash account, cash postings that arise from trading are treated as unsettled (for three days), but this does not mean that these funds are available for further trading.  If you have $25,000 in your account on day 1, this does not mean that you will be able to trade more than $25,000 because your cash account has not yet been debited.  Most cash accounts will include an item detailing \"\"Cash available for trading\"\".  This will net out any unsettled business transacted. For example, if you have a cash account balance of $25,000 on day one, and on the same day you purchase $10,000 worth of shares, then pending settlement in your cash account you will only have $15,000 \"\"Cash available for trading\"\". Similarly, if you have a cash balance of $25,000 on day one, and on the same day you \"\"day trade\"\", purchasing $15,000 and selling $10,000 worth of shares, then you will have the net of $20,000 \"\"Cash available for trading\"\" ($20,000 = $25,000 - $15,000 + $10,000). If by \"\"prop account\"\" you mean an account where you give discretion to a broker to trade on your behalf, then I think the issues of accounting will be the least of your worries.  You will need to be worried about not being fleeced out of your hard earned savings by someone far more interested in lining their own pockets than making money for you.\""}
{"_id": "176742", "title": "", "text": "\"Personally, I would just dispute this one with your CC.  I had a situation where a subscription I had cancelled the prior year was billed to me.  I called up to have a refund issued, they couldn't find me in their system under three phone numbers and two addresses.  The solution they proposed was \"\"send us your credit card statement with the charge circled,\"\" to which I responded \"\"there's no way in hell I'm sending you my CC statement.\"\"  Then I disputed the charge with the CC bank and it was gone about two days later.  I partially expect to have the same charge appear next year when they try to renew my non-existent subscription again. Now, whether or not this is a normal practice for the company, or just a call center person making a good-faith but insecure attempt to solve your problem is irrelevant.  Fact of the matter is, you tried to resolve this with the merchant and the merchant asked for something that's likely outside the bounds of your CC Terms and Conditions; sending your entire number via email.   Dispute it and move on.  The dispute process exists for a reason.\""}
{"_id": "176750", "title": "", "text": "Approximately $6,000 a year on the healthcare marketplace (obamacare).   They can get away with a little cheaper for a plan with a huge deductible (ie $5,000), which could reduce their plan to $4k a year.       They also pay medicare tax of 2.9% of their income (1.45% from employee side, and 1.45% payroll taxes).  These pay for medical care for retirees."}
{"_id": "176760", "title": "", "text": "It's not! With gambling, you're placing a bet on some team's performance but you don't own the team, or the field they play on, or the other team, or the ball!  Derivatives are just like that! Except with derivatives, the team can bet against themselves, and not tell you that they have!"}
{"_id": "176777", "title": "", "text": "In addition to the other answers, consultants and contractors face a real risk (though admittedly small) of not getting paid. The more short-term the gigs are, the higher the risk of not getting paid for a particular job. As an employee, there are laws to ensure that you get your paycheck. As a contractor, you're just another creditor. I know a couple of contractors (software engineers) who have had difficulty collecting after a job. (I'm not even sure one ever got paid the full amount.) I also personally witnessed a contractor show up for a job who was then told by the company that they unilaterally decided that they would pay half of their pre-arranged rate."}
{"_id": "176783", "title": "", "text": "Five Guys is 3x more and Wendy's has become surprisingly hit or miss which makes me wary since I'm only eating at any of these places while on the road. However, Wendy's nuggets are vastly superior and always consistent so when I'm feeling 5 years old they win over McD's."}
{"_id": "176786", "title": "", "text": "\"Without researching the securities in question I couldn't tell you which cycle each is in, but your answer is that they have different expiration cycles. The following definition is from the CBOE website; \"\"Expiration cycle An expiration cycle relates to the dates on which options on a particular underlying security expire. A given option, other than LEAPS\u00ae, will be assigned to one of three cycles, the January cycle, the February cycle or the March cycle.\"\"\""}
{"_id": "176793", "title": "", "text": "It's already happening. Cryptocurrencies are your friend in this case.  The other day I was on a torrent website which replaced ads with Monero based Captcha. I believe the website was using my CPU power to mine small amount Monero for themselves. If this is true, you won't need ads. Revenue will come straight from mining cryptos using the consumer's CPU."}
{"_id": "176820", "title": "", "text": "\"That's just you injecting the topic into the article, which has none of that (since the 99% figure the article uses doesn't actually break out by gender, and the article is just using \"\"women\"\" as its base gendered pronoun because it's a blog by a \"\"Mom\"\").\""}
{"_id": "176822", "title": "", "text": "2 things may happen. Either your positions are closed by the broker and the loss or profit is credited to your account. Else it is carried over to the next day and you pay interest on the stocks lent to you. What happens will be decided by the agreement signed between you and your broker."}
{"_id": "176828", "title": "", "text": "\"&gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __speedboat__ because of that?   Yup.  &gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __really fast car__ because of that?   Yup.  &gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __mansion__ because of that?   Yup.  &gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __Caribbean island__ because of that?   Yup.  &gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __family__ because of that?   Yup.  \"\"But I *reeeeeeeeeeeeeeeeeeally* want one!\"\" doesn't work for ponies, and it shouldn't work for babies, either.  I consider myself a socialist, mostly, but *fuck* people who try to hold my ethics to ransom by having kids they can't afford to have.\""}
{"_id": "176830", "title": "", "text": "This is why we tell people not to co-sign unless they are able and willing to risk that money becoming a gift... or are able and willing to treat it as business rather than family. Unfortunately that advice is a bit late now to help you. When you cosigned, you promised the bank that you would make any payments he didn't. The bank doesn't care why he didn't, they just want their money on time. Getting him to repay you for covering this is strictly between the two of you, and unless you signed paperwork at the time establishing a contract other than the promise to cover his loan this becomes Extremely Messy. First step is to make the payments so the loan doesn't continue acquiring fees and hurting your credit rating, and keep it from falling behind again. Then you have to convince him to repay the money you have effectively given him. Depending on your relationship, and financial situations, you may decide to carry him for a while and trust that he'll pay you back when he can, or sic a lawyer on him. You need to make that decision, recognizing that it may be a matter of how much family drama you are willing to tolerate."}
{"_id": "176834", "title": "", "text": "You seem quite certain of yourself. Very well, I'll bite.   How, exactly, did you differentiate yourself from the rest of the pack? I'd imagine you needed excellent writing/speaking skills, but that goes without saying.  And also, while it can be difficult to leave one's keyboard, at the same time, isn't the internet generally where network groups are announced?"}
{"_id": "176836", "title": "", "text": "The best bank with least amount of gotchas is Alliant Credit Union.  I did a lot of research and finally decided on this bank.   I did a comparative study between ING, Ally and Alliant and found Alliant to be superior than the the other two.   More about my study: http://www.moneycone.com/a-bank-thats-better-than-ally-and-ingdirect/ If you do find a better bank than this, please update this post, I'd definitely like to know! Disclaimer: I have no relationship with either of the three banks."}
{"_id": "176844", "title": "", "text": "\"I sent myself an Tangerine email money transfer. They sent me an email which took me to a website. After I entered the secret answer, they asked me for the destination bank account's details. They asked me to enter the transit number once, the institution number once, and the account number twice. They also showed a bold warning message: \"\"Please ensure that the details of your Canadian Bank Account (account number and bank information) are entered correctly.\"\" Asking for the account number twice isn't a perfect safeguard, but it's better than nothing. In some countries, bank account numbers include a \"\"check digit\"\" for typo prevention, but I was unable to find any evidence online that this is true in Canada. Tangerine's system isn't 100% mistake-proof, but it's good enough that I think I'm going to use it.\""}
{"_id": "176859", "title": "", "text": "I know this has already been answered and I know its frowned upon to dump a link, however, when it comes to investments it's best to get data from an 'official' source to avoid misinterpretations and personal opinions.  The attached pdf is from the S&P and provides detailed, but not overwhelming, information regarding the types of preferreds, the risks & common terminology: http://us.spindices.com/documents/education/practice-essentials-us-preferreds.pdf Page 1: PREFERRED SECURITIES DEFINED  Borrowing from two worlds, a preferred security has both equity and   fixed income  characteristics.  As such, the preferred structure   offers a flexible approach to structuring a preferred offering for an   issuer.   Companies have many reasons to issue preferred securities.  Financial   institutions, for  example, need to raise capital.  Many times they   will use the preferred market because of  any required regulatory   requirements, in addition to cost considerations.  Banks and    financial institutions are required to maintain a certain level of   Tier 1 capital\u2014which  includes common equity and perpetual   non-cumulative preferreds\u2014as protection against  the bank\u2019s   liabilities.  Issuing more common equity comes at a cost, including   the dilution  of existing shares, which a company may not want to   bear.  Preferred securities are a  cheaper alternative approach to   raising the capital.  Companies often use preferred stock for strategic reasons.  Some of   these uses include:"}
{"_id": "176869", "title": "", "text": "\"Because people are willing to trade for it.  People are willing to trade for Gold because: The value of gold goes up because the demand for it goes up, while the supply has been basically static (or growing at a low static rate) for a long time.  The demand is going up because people see it as a safe place to put their money.   Another reason Gold's value in dollars goes up, is because the value of the item it's traded against (dollars, euros, yen, etc) goes down, while its own value stays roughly the same. You point out Gold is not as liquid as cash, but gold (both traded on an exchange, and held physically) is easily sold.  There is always someone willing to trade you cash for gold.  Compare this to some of the bank stocks during the first part of our current recession.  People were not willing to give much of anything for your shares.  As the (annoying, misleading) advertisements say, \"\"Gold has never been worth zero\"\".\""}
{"_id": "176881", "title": "", "text": "If you're wrong it is worse for the children. Artificially quadrupling energy costs in a vain effort to lower temps will kill more people by demolishing economies and restricting access to food and water.   I hope for global warming as it historically coincides with relative human prosperity. The little ice age was marked by human suffering and famine."}
{"_id": "176883", "title": "", "text": "\"A 'Call' gives you the right, but not the obligation, to buy a stock at a particular price. The price, called the \"\"strike price\"\" is fixed when you buy the option. Let's run through an example - AAPL trades @ $259. You think it's going up over the next year, and you decide to buy the $280 Jan11 call for $12.  Here are the details of this trade. Your cost is $1200 as options are traded on 100 shares each. You start to have the potential to make money only as Apple rises above $280 and the option trades \"\"in the money.\"\" It would take a move to $292 for you to break even, but after that, you are making $100 for each dollar it goes higher. At $300, your $1200 would be worth $2000, for example. A 16% move on the stock and a 67% increase on your money. On the other hand, if the stock doesn't rise enough by January 2011, you lose it all.  A couple points here - American options are traded at any time. If the stock goes up next week, your $1200 may be worth $1500 and you can sell. If the option is not \"\"in the money\"\" its value is pure time value. There have been claims made that most options expire worthless. This of course is nonsense, you can see there will always be options with a strike below the price of the stock at expiration and those options are \"\"in the money.\"\" Of course, we don't know what those options were traded at.  On the other end of this trade is the option seller. If he owns Apple, the sale is called a \"\"covered call\"\" and he is basically saying he's ok if the stock goes up enough that the buyer will get his shares for that price. For him, he knows that he'll get $292 (the $280, plus the option sale of $12) for a stock that is only $259 today. If the stock stays under $280, he just pocketed $12, 4.6% of the stock value, in just 3 months. This is why call writing can be a decent strategy for some investors. Especially if the market goes down, you can think of it as the investor lowering his cost by that $12. This particular strategy works best in a flat to down market. Of course in a fast rising market, the seller misses out on potentially high gains.  (I'll call it quits here, just to say a Put is the mirror image, you have the right to sell a stock at a given price. It's the difference similar to shorting a stock as opposed to buying it.) If you have a follow up question - happy to help. EDIT - Apple closed on Jan 21, 2011 at $326.72, the $280 call would have been worth $46.72 vs the purchase price of $12. Nearly 4X return (A 289% gain) in just over 4 months for a stock move of 26%. This is the leverage you can have with options. Any stock could just as easily trade flat to down, and the entire option premium, lost.\""}
{"_id": "176885", "title": "", "text": "\"I think \"\"optimal\"\" is a term that needs to be better qualified - what's optimal investment for one person is not necessary optimal for another, as it depends on the investor's time horizon, risk tolerance, and investment knowledge. I would personally put fix-income (or products that generates incomes that CRA considers as \"\"interest\"\") products in the TFSA so the gains aren't taxed at all.  I would consider putting preferred shares in this account as well, since dividend incomes are taxed higher than capital gain and preferred shares don't usually change in price unless the company's ability to pay the dividends are in-doubt.  I don't want to put common equities in TFSA as that would take away your ability to leverage past losses to reduce future capital gains. If you are using TFSA as a way to accelerate saving for a near-term purchase, then you definitely want to employ fix-income products as the underlying saving vehicle, since market volatility would be your enemy (unless you are feeling very lucky).   If you are using TFSA as a way to supplement your registered retirement saving account, then you can treat it the same way you would invest in your RRSP.\""}
{"_id": "176896", "title": "", "text": "\"At least in the US, one reason could be the \"\"liability shift\"\" that encourages adoption of chipped and contactless cards by shifting the fraud liability to the party that caused the transaction to not use chip-and-PIN / contactless payment: either the merchant (by not having a new compatible terminal) or the card issuer (by not providing the customer with a compatible card). This means the issuers will try to replace old, magnetic-only cards as soon as possible once adoption of the liability shift is certain. http://usa.visa.com/download/merchants/bulletin-us-participation-liability-shift-080911.pdf\""}
{"_id": "176897", "title": "", "text": "It's that craving followed by instant regret.   Then the 'never again' followed by a 'why not' a few months to a year later.  I did a box of Cap'n Crunch Berries about 3 years ago and haven't touched those again since that episode.  I'm waiting for that moment to happen with the Whopper."}
{"_id": "176900", "title": "", "text": "While I respect the views of others, animal rights activists are some of the craziest out there.  I understand that it is wrong if a pet dog is abused and neglected, but this is a different story.  These are turkeys that humans bred for the sole purpose of killing and eating.  Sure, what these employees are doing looks pretty brutal, but soon enough, all of these turkeys are going to be dead and cooked on tables all around the world."}
{"_id": "176905", "title": "", "text": "&gt;Is she really more than a pretty face which helps the company grow revenues and attract a high valuation?  You say that like its a small feat.  The amount of attention she is has generated for the Company and its products makes her involvement incredibly valuable.    I don't imagine she is there packing boxes or negotiating with suppliers, but I don't think that makes her contributions less valuable than those of the other primary investors."}
{"_id": "176908", "title": "", "text": "There is a dependent care spending account for child care related expenses. Also Medical and Dental expenses over a certain % of your income maybe deductible on your tax return."}
{"_id": "176924", "title": "", "text": "Do you know why Asbestos removal is an important isuues? Because asbestos can cause lots of health problems, to avoid it called Read waste to remove asbestos and protect your family. They have stringently tested equipment that are operated by experienced, licenced and professional asbestos removers."}
{"_id": "176930", "title": "", "text": "&gt;Not sad but evil. Who am I to assign a dollar value to your life, your hopes, your dreams, your happiness? Who is anyone else?  Yes, you are right, to a point. Thinking of everyone in terms of their utility can lead to extreme evil.  I am responsible not only for those around me but also to my future generation. It is my responsibility that the future generation finds the world a bit better than it was when I came in existence. The world does not exist for me but I exist for the world. Like everything in the world, there is an upper bound to the value added by every organism, including myself. We can ignore it, similar to how climate deniers ignore global warming, fundamentalists ignore evolution and other fundamentalists deny the holocaust but that does not mean it is not reality.  Even if I am not a utilitarian, I am still a person for whom the future is as important as the past and the present and it is my duty to think of them and to do what I believe is right for them. I will be right sometimes and wrong in other instances but it is my responsibility to try. For me, it is evil to not think of making life better for my children, just because I was scared of being called evil and closed my eyes.  Finally, I leave you with this - http://online.wsj.com/article/SB10001424052970203918304577243321242833962.html"}
{"_id": "176943", "title": "", "text": "well, saying:  &gt;DJIA went from 6,626.94 in March 6, 2009 to 17,100.18 in July 18, 2014. That's nearly a 200% increase in 5 years. The economy, on the other hand, has not reflected this rise.  is disingenuous at best since you're measuring the starting point from the depth of recession, when the stock market was severely undervalued.  This is also why many mutual funds boast absolutely ridiculous 5-year yields right now. The Dow hovered around 12,500 for much of 2007~2008, so if you used that as the baseline the index recovered to those levels in the 2nd quarter of 2011. From that point onwards, it's only a 25% increase over 3+ years for an 8% APR, in line with historic values.  I'm not gonna get into whether QE is good fiscal policy or not, all I'm saying is the tapering/ending of QE won't result in a full-on reversal like people seem to be expecting."}
{"_id": "176946", "title": "", "text": "I've heard all kinds of stories. The internship I ended up with they didn't have a lot for me to do. Others they basically put them to work full-time. Now that I'm working and handling things competently in a private setting, I don't think I'd be open to having an intern just because they are only going to be there briefly and will consume a lot of my time training them."}
{"_id": "176965", "title": "", "text": "I am a little sympathetic to that point in some relatively rare cases, but it definitely does not stand for regional flights that are only like 1-2hrs, which account for much of govt/business air travel. Most people are still capable of leading a high-quality meeting or presentation after 1.5 hrs in coach.  For longer flights, they could fly coach the day before and then spend a night in a hotel, which is often both cheaper and more refreshing than business class direct to the meeting."}
{"_id": "176970", "title": "", "text": "Surely there's more to the picture than this.  Breaking the borrowing limit by going to 3.5% multiple times is surely no where near as bad as going to 18% once.  On top of this there was a fundamental difference in the use of capital.  Borrowing to invest (as Germany did) has been ridiculously beneficial for them."}
{"_id": "176975", "title": "", "text": "\"Large multinationals who do business in multiple locales hedge even \"\"stable\"\" currencies like the Euro, Yen and Pound - because a 5-10% adverse move in an exchange rate is highly consequential to the bottom line.  I doubt any of them are going to be doing significant amounts of business accepting a currency with a 400% annual range.  And why should they?  It's nothing more than another unit of payment - one with its own problems.\""}
{"_id": "177006", "title": "", "text": "\"sure..i agree with all of that i'm sure theories exist and are valid, but what about utility - maybe there is value in tracking where money comes from, but right now all i see bunch of people shining shit and calling it gold and suckers are buying into it, maybe in the future it will result real innovation that adds value to people's lives more than just anonymity  More importantly, I don't like how you answered this question, I expected pointers on how there is value for society in cryptocyrrency or me in it's current form; not propaganda about bitcoin  Edit: added \"\"or me\"\" into 2nd paragraph and last paragraph; and blockchains/underlying tech is not the issue\""}
{"_id": "177018", "title": "", "text": "Louis Vuitton outlet is the well-known for its high-level service and first-class products. Some people are not willing to go the Louis Vuitton outlet for their favorite items. With the popularity of Internet, many young people prefer to buy products in Louis Vuitton outlet online. What they need to do is just choose their products and click the mouse. After the payment, the products will be delivered to their home according to the address they left on the website."}
{"_id": "177023", "title": "", "text": "Yes. If the deceased owned the policy, the proceeds are considered part of the estate. In the specific case where the estate is worth (this year 2011) more than $5M, there may be estate taxes due and the insurance would be prorated to pay its portion of that estate tax bill.  Keep in mind, the estate tax itself is subject to change. I recall when it was a simple $1M exemption, and if I had a $1M policy and just say $100K in assets, there would have been tax due on the $100K. In general, if there's any concern that one's estate would have the potential to owe estate tax, it's best to have the insurance owned by the beneficiary and gift them the premium cost each year."}
{"_id": "177028", "title": "", "text": "That's tricky. Typically you lock in the minimum monthly payment when you close the loan. You can pay more but not less. Options:"}
{"_id": "177036", "title": "", "text": "@bstpierre gave you an example of a portfolio similar to IFA's 70 portfolio. Please, look other variants of example portfolios there and investigate which would suit to you.  Although the example portfolios are not ETF-based, required by the op, you can rather easily check corresponding components with this tool here. Before deciding your portfolio, fire up a spreadsheet (samples here) and do calculations and do not underestimate things below: Bogleheads have already answered this type of questions so why not look there? Less reinventing the wheel: google retirement portfolios site:bogleheads.org. I am not making any recommendations like other replies because financial recommendations devalue. I hope I steered you to the right track, use less time to pick individual funds or stocks and use more time to do your research."}
{"_id": "177046", "title": "", "text": "&gt; A job that doesn't allow someone to live with dignity and have their basic needs covered shouldn't exist.  But don't you think this position has the unintended consequence of removing jobs for those who don't need the job to make a living, but rather to gain experience, or just supplemental income?"}
{"_id": "177048", "title": "", "text": "Amazon is a great company and they lead in the eCommerce growth but a majority of the holiday spends are still at the brick store level.  My guess is Best Buy, Victoria's Secret, and Macy's are doing well.  Walmart should be doing well too but I'm not surprised if they don't meet expectation."}
{"_id": "177050", "title": "", "text": "\"Life would be nicer had we not needed lawyers. But for some things - you better get a proper legal advice. This is one of these things. Generally, the United States is a union of 50 different sovereign entities, so you're asking more about Texas, less about the US. So you'd better talk to a Texas lawyer. Usually, stock ownership is only registered by the company itself (and sometimes not even that, look up \"\"street name\"\"), and not reported to the government. You may get a paper stock certificate, but many companies no longer issue those. Don't forget to talk to a lawyer and a tax adviser in your home country, as well. You'll be dealing with tax authorities there as well. The difference between \"\"unoted\"\" (never heard of this term before) and \"\"regular\"\" stocks is that the \"\"unoted\"\" are not publicly traded. As such, many things that your broker does (like tax statements, at source withholding, etc) you and your company will have to do on your own. If your company plans on paying dividends, you'll have to have a US tax ID (ITIN or SSN), and the company will have to withhold the US portion of the taxes. Don't forget to talk to a tax adviser about what happens when you sell the stock. Also, since the company is not publicly traded, consider how will you be able to sell it, if at all.\""}
{"_id": "177064", "title": "", "text": "I don't probably shit like the facts.  This chart shows the US population by age.  I don't really see any pyramid that I'm supposedly laboring under.  http://i.imgur.com/piIUyEp.png  Hell just take a look us demographics wiki page.   Edit: Nevermind, I see it now, there are like a million more baby boomers than there are teenagers. I feel like I'm being ground into dust by their weight."}
{"_id": "177065", "title": "", "text": "I think it really works for some people.  They got a couple days off work, some meals at a fancy hotel, free booze, free shit.  Most are probably the kind of people who don't really care about the company or their job.  Then, the people who are in charge of doing this kind of junk go on about how successful it was, etc.  That gets reported in the meeting.  What the higher ups don't see are the people hanging out in someone else's office shooting the shit about how stupid things are.  Then there's this question as to why company morale is so low, and no one can figure it out for the BS they've been shoveled.  Too much middle management and layers of corporate BS (overstuffed 'communications' departments, HR people, meetings upon meetings filled with people trying to make themselves look good whatever the cost, etc) and everyone thinks everything is golden.  So many worthless people involved, making themselves look valuable by spending money."}
{"_id": "177074", "title": "", "text": "\"If you use \"\"a room or other separately identifiable space\"\" within your apartment exclusively for your business, then you might be able to recoup a fraction of your rent for that. Check the rules for home office at the IRS and adopt a consistent and well-documented approach. (I would pay your full rent out of your personal account, and then do an \"\"expense report\"\" for the portion that's legitimately business related, but that's not a unique approach.) Other than that, I agree with the answer by litteadv - You cannot reduce your tax by the full amount of your rent just by having the S Corp pay, and trying to do so is probably playing with fire.  Generally speaking, don't comingle business and personal expenses like that.\""}
{"_id": "177080", "title": "", "text": "It is likely a bit of both.  Cooking the books AND an economic miracle.       There will definitely be a downturn eventually, and it will be interesting what shakes out.  At this stage, the Chinese model appears to be stronger than any alternatives."}
{"_id": "177093", "title": "", "text": "\"Share price is based on demand.  Assuming the same amount of shares are made available for trade then stocks with a higher demand will have a higher price.  So say a company has 1000 shares in total and that company needs to raise $100. They decide to sell 100 shares for $1 to raise their $100. If there is demand for 100 shares for at least $1 then they achieve their goal. But if the market decides the shares in this company are only worth 50 cents then the company only raises $50. So where do they get the other $50 they needed? Well one option is to sell another 100 shares. The dilution comes about because in the first scenario the company retains ownership of 900 or 90% of the equity. In the second scenario it retains ownership of only 800 shares or 80% of the equity. The benefit to the company and shareholders of a higher price is basically just math. Any multiple of shares times a higher price means there is more value to owning those shares. Therefore they can sell fewer shares to raise the same amount.  A lot of starts up offer employees shares as part of their remuneration package because cash flow is typically tight when starting a new business. So if you're trying to attract the best and brightest it's easier to offer them shares if they are worth more than those of company with a similar opportunity down the road. Share price can also act as something of a credit score. In that a higher share price \"\"may\"\" reflect a more credit worthy company and therefore \"\"may\"\" make it easier for that company to obtain credit. All else being equal, it also makes it more expensive for a competitor to take over a company the higher the share price. So it can offer some defensive and offensive advantages. All ceteris paribus of course.\""}
{"_id": "177101", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [What does the circular economy look like in cities?](https://www.reddit.com/r/environment/comments/71nlz0/what_does_the_circular_economy_look_like_in_cities/) on /r/environment with 0 karma (created at 2017-09-22 04:55:20 by /u/thinkB4WeSpeak)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "177114", "title": "", "text": "\"Although this is an old question, it's worth pointing out that the Google Stock Screener now supports stocks traded on the London Stock Exchange. From the country dropdown on the left, select \"\"United Kingdom\"\" and use the screener as before.\""}
{"_id": "177124", "title": "", "text": "\"Your argument is everything like the faucet.  [You wrote](https://www.reddit.com/r/business/comments/6msutw/tech_firms_unite_for_net_neutrality_protest/dk4q7vr/):  *\"\"Which is, for example, why my current Comcast service is \"\"unlimited bandwidth\"\".\"\"*  Your faucet entitles you to unlimited water.  I say unlimited water because you cannot have \"\"unlimited bandwidth\"\"; bandwidth is actually fixed by the properties of physics.  You meant to say unlimited flow through the bandwidth that's available.  I addressed that directly.  Yet you saw fit to make another douchey (**in bold, this time**) comment in response.  Have a downvote.\""}
{"_id": "177135", "title": "", "text": "The justice system in the United States isn\u2019t perfect. Far from it, in fact, but it is still one of the best justice systems in the United States and it is the best available method for seeking recourse when you feel you have been wronged. Whether the issue is insurance claims, personal injury, auto accidents, Social Security Disability, or wrongful death cases\u2014if you have been wronged, you ought to look to Grover Arnett for help."}
{"_id": "177137", "title": "", "text": "I've read this claim many times in the news: banks are making less profit from the lending business when interest rates are historically low. The issue with most loans is they can be satisfied at any time.  When you have falling interest rates it means most of the banks loans are refinanced from nice high rates to current market low interest rates which can significantly reduce the expected return on past loans.  The bank gets the money back when it wants it the least because it can only re-lend the money at the current market (lower) interest rates.  When interest rates are increasing refinance and early repayment activity reduces significantly. It's important to look at the loan from the point of view of the bank, a bank must first issue out the entire principal amount.  On a 60 month loan the lender has not received payments sufficient to satisfy the principal until around 50th or 55th month depending on the interest rate.  If the bank receives payment of the outstanding amount on month 30 the expected return on that loan is reduced significantly. Consider a $10,000, 60 month loan at 5% apr.  The bank is expected to receive $11,322 in total for interest income of $1,322.  If the loan is repaid on month 30, the total interest is about $972.  That's a 26% reduction of expected interest income, and the money received can only be re-lent for yet a lower interest rate. Add to this the tricky accounting of holding a loan, which is really a discounted bond, which is an asset, on the books and profitability of lending while interest rates are falling gets really funky. And this doesn't even examine default risk/cost."}
{"_id": "177138", "title": "", "text": "your 401k is charged a management fee, directly debited from your account. the mutual funds and etfs therein have operating expense ratios, which are taken out of their performance. your IRA and brokerage accounts likely have commissions assessed per transaction. that is really it!"}
{"_id": "177169", "title": "", "text": "No; it's a bond, not a wrapper like an ISA. You can buy more bonds, assuming you do this before they run out. And it's a retail bond, so you can't sell it; you have to leave the money tied up for the term. Remember, once you take cash out of an ISA you can't put it back - though you could of course put it back using this year's (\u00a315k) allowance. And as the bond has 20% tax deducted at source, it's maybe not a good idea to take money out and lose its tax free nature. You can get 2.4% tax free from Coventry Building Society."}
{"_id": "177194", "title": "", "text": "I thought that as well. Not sure. As I stated she may be just unable to due to the relationship they have or she may know my current financial situation and is looking out for me and throwing me a bone. Initially if I'd found someone else I would've gotten a percentage of the monthly profits but I'm looking to be the sole investor so I can get out of my current living situation and become a productive member of society. Also to move to California and be closer to it only friends I have out there but also closer to the business itself. I fully plan to learn all about weed and what and why and how etc but for now I just wanna invest"}
{"_id": "177217", "title": "", "text": "Irrelevant to the question. Regardless what is used for the tax base, we would still have the same debate but with much larger anti-taxation sentiments.   Supply side Jesus either works or doesn't and shifting the federal revenue sources to the income taxes does not change it."}
{"_id": "177222", "title": "", "text": "I used to trade on Nasdaq using a US broker from the UK, you need a way to convert your money into US $s and have the cost of international money transfers. I don\u2019t know if there are any laws in Turkey that will stop you using a US broker.   You are also on your own if anything goes wrong, as the Turkish police will not be interested, and the US police will be very hard to deal with from Turkey. This all depends on Turkey not unplugging the internet on the day you wish to trade on!!! (I used tdameritrade, but it was a VERY long timer ago, as UK brokers are now as cheap, you should also consider UK based brokers as they  will also let you trade outside of the USA.)"}
{"_id": "177231", "title": "", "text": "\"&gt; You bring up the Feds but that confounds the issue because now we have to talk about monetary policy, taxation is fiscal policy  If the goal is for more investments, you have to account for loans and money supply. Far more investment is done on issued bonds than on retained profits.  &gt;the firm has more money they are going to spend it somewhere  That's an oversimplification... they'll spend to maximize profit, not to grow GDP. The two are related, but the first isn't always optimal to the second... if a firm captures monopoly, that's bad for GDP.  The examples in the link are relevant in that context. They're only a part of the economy (\"\"92 publicly held U.S. corporations that reported a U.S. profit every year from 2008 through 2015\"\"). They're a non-trivial portion of the economy, and represent a large share of who will benefit from reducing corporate taxes. So when you say: &gt;In general lowering taxes increases capital investment regardless of the investment rate  The counter point is that... no the investment rate matters. If spending those taxes produces a higher investment rate, you have to adjust policy accordingly. To know that you have to estimate the investment rate from a marginal reduction in taxes, and compare to the investment rate resulting form your marginal fiscal program spending increase. Saying that \"\"lowering taxes increases investment\"\" is insufficient, in the same sense that saying \"\"infrastructure spending increases investment\"\" is insufficient.\""}
{"_id": "177250", "title": "", "text": "Because the standard contract is for 125,000 euros.  http://www.cmegroup.com/trading/fx/g10/euro-fx_contractSpecs_futures.html You don't want to use Microsoft as an analogy. You want to use non financial commodities. Most are settled in cash, no delivery. But in the early 80's, the Hunt brothers caused a spectacular short squeeze by taking delivery sending the spot price to $50. And some businesses naturally do this, buying metal, grain, etc. no reason you can't actually get the current price of $US/Euro if you need that much."}
{"_id": "177261", "title": "", "text": "\"For US punters, the Centre for Economic and Policy Research has a Housing Cost Calculator you can play with.  The BBC provides this one for the UK. For everyone else, there are a few rules of thumb (use with discretion and only as a ball-park guide): Your example of a Gross Rental Yield of 5% would have to be weighed up against local investment returns. Read Wikipedia's comprehensive \"\"Real-estate bubble\"\" article. Update: spotted that Fennec included this link at the NY Times which contains a Buy or Rent Calculator.\""}
{"_id": "177264", "title": "", "text": "\"I suspect that to \"\"make money\"\" it isn't enough to know the current value (\"\"high currency\"\"): to make money you'd need to know/guess/predict/bet on the future change in value: will the currency value go higher in the future? Or will it come down again? Or will it stay the same? Everybody knows the current value, so that by itself isn't enough knowledge to make money from. That said, if you know you're going to need American dollars in the future (if you have future expenses which need to be paid in American dollars), then now might be a good time to buy those dollars.\""}
{"_id": "177271", "title": "", "text": "Tax deductions, credits, and special rates are done for two reasons: Encourage a behavior:  Try to lower taxes for the poor/disadvantaged and raise taxes for the rich. Every one of these programs is in essence a loophole that has been established to meet a goal. They are hard to eliminate because some people use them and don't want them to go away. Of course everybody want some program they don't use to be eliminated as long as the rates for everybody else are also lowered."}
{"_id": "177272", "title": "", "text": "I am a man and I not in Silicon Valley but I work in a similar male oriented industry and there is truth to that. I have worked with women that get the reputation that they are not worth the risk. When a woman calls out what sometimes are/are not sexist remarks or makes it known that she will not tolerate any form of gender differentiation, they are branded as being difficult and redflagged and many will avoid working with her. Its innate. You have to fight against those stereotypes but sometimes women bring attention to issues that are not necessarily there."}
{"_id": "177298", "title": "", "text": "Long-term capital gains, as you note, get special tax treatment.  They are lower than regular income tax rates.  Short-term capital gains aren't penalized, they are just treated as regular income under the regular rates.  So, from a tax perspective, the day-trader gets by the same way as the rest of us because they are paying the same rates on the same progressive income tax scale."}
{"_id": "177301", "title": "", "text": "I use healthequity. It's just the one I was given, but they actually have really good fund options. There's a .396% yearly administration fee to access their low-cost funds, but the fund fees are really low (.02% for VIIIX, .03% for VBMPX)"}
{"_id": "177303", "title": "", "text": "\"My gym has a habit of randomly increasing our monthly payment with a $20 \"\"Special Fee\"\" a couple times a year.   This charge was not initiated until after I signed up, and signed authorization for a set monthly fee. The agreement I signed included no wording of this fee, so I have not given them permission to charge me this fee. I also have received no type of notification of this fee prior to it being charged to my credit card on file.   This seems very illegal to me. Am I right? What course of action might I have to get this stopped?\""}
{"_id": "177328", "title": "", "text": "\"First of all to answer the basic question \"\"Is one method correct? Might it depend on local laws?\"\" Yes it does depend on local laws. Because ultimately the business will have to file forms with the sate/county/city.  These forms are going to ask for the total sales based on the tax category (tax free, x%, y%). Each transaction could have parts that fall into each category. The local taxing authority decides what goes into each category. The local taxing authority also determines how often the business needs to submit the taxes. They can even decide to base the rates used by where the customer lives.  A business is not required to charge directly for sales tax. That is why frequently at sporting events, the price on the menu notes that all sales taxes are included. I suppose not directly charging a sales tax makes the monthly calculation harder, but the state will still get their money. Rounding up at the end of the entire transaction is enough to make sure they collect enough taxes, so they don't have to dip into their profits.\""}
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{"_id": "177351", "title": "", "text": "I think you're jumping to the end.  No one knows at this point.  This situation needs investigated.  They'll either find evidence, or they won't.  The courts will proceed as appropriate.  This is why the Russia investigation is a good thing.  It will either clear everyone of wrongdoing (clearing the way for his agenda), or provide evidence for impeachment.  Both are good results.  My personal opinion is that there's likely something there (but that's just speculation as you rightly point out).  I DO think the investigation needs to be impartial.  No putting a thumb on the scale for partisan purposes.  It's good that Robert Meuller has a great reputation AND is a lifelong Republican.  We should get an honest result."}
{"_id": "177362", "title": "", "text": "The bottom line is choosing the right partner. If your partner works as hard as you do, than everything should be split, irregardless of who makes more. Unfortunately, my bf, now by separated husband, borrowed money from me before we were married. I saw a lack of work ethic in him from the beginning, loved him anyway and married him but decided to keep my money separate as a result. This was a beginning with lack of trust and knowing I would be the higher earner, harder worker, and better provider. Down the road he won a lawsuit and got about $700k. I saw about $25k of this money to pay bills created with the intention of him paying them off when he got the money, and because he pilfered it away, we lost our house and it ended in my leaving.... I'm still doing ok because I work hard for what I have. He is struggling. We were never on the same page, never discussed finances because of his lack of work ethic and my mistrust of how he would decide how the money would be used. Sadly, who you decide to be your partner is the most important decision here...It should be based on mutual respect, both working hard to achieve a common goal, and communicating the budget every year, perhaps even each month.... I'm the terrible example."}
{"_id": "177363", "title": "", "text": "From looking at HSBCs website, it looks like advanced customers are allowed free fund tranfers out of their checking/saving account. I would call the bank to guarantee that the transfers don't face a .5% fee for any outgoing transfer to another brokerage, as listed on this site. However, given that trades are as low as $6.88, I'm not sure she could save much by switching to another brokerage."}
{"_id": "177389", "title": "", "text": "It can be a necessity if other routes are congested during a mandatory evacuation, if you consider saving lives a necessity.  Edit:  Even ignoring the right to life, the people own the airways.  I guess I would assume that in the agreement between the people (the FAA) and the private airlines, some requirements regarding emergency situations would be included.  No?"}
{"_id": "177403", "title": "", "text": "My guess would be for small merchants there could be a small difference. For large merchants, the cash is also at a cost equivalent to the card fees. Check for my other answer at  How do credit card companies make profit?"}
{"_id": "177416", "title": "", "text": "Re-read what I wrote.   &gt; In fact, **lack of empathy is benefitial or neutral in the fields most likely to be automated**.  Spelling error aside, this is saying that those jobs that are more procedural are more likely to be replaced.  Empathy isn't a requirement.  Not having empathy is sometimes helpful even if there is human interaction.  Consider telemarketers or online support.  They were replaced since there was a script or common set of tasks to do the job, and sticking to the script even if you were hearing a sob story was useful for the organization. Low-level IT jobs like the one this person is working towards with his associates degree, for example."}
{"_id": "177421", "title": "", "text": "The company can not collect interest on that money.  The bank that processes the company payroll will give the company lower fees to use the debit card because the bank will then be able to charge the employees fees for low balance, out of network atm, and overdraft."}
{"_id": "177424", "title": "", "text": "\"No, a jump in market capitalization does not equal the amount that has been invested.  Market cap is simply the stock price times the total number of shares. This represents a theoretical value of the company. I say \"\"theoretical\"\" because the company might not be able to be sold for that at all.  The quoted stock price is simply what the last buyer and seller of stock agreed upon for the price of their trade. They really only represent themselves; other investors may decide that the stock is worth more or less than that.  The stock price can move on very little volume. In this case, Amazon had released a very good earnings report after the bell yesterday, and the price jumped in after hours trading. The stock price is up, but that simply means that the few shares traded overnight sold for much higher than the closing price yesterday.  After the market opens today and many more shares are traded, we'll get a better idea what large numbers of investors feel about the price. But no matter what the price does, the change in market cap does not equal the amount of new money being invested in the company. Market cap is the price of the most recent trades extrapolated out across all the shares.\""}
{"_id": "177430", "title": "", "text": "RD Interest Calculator - Use the advanced Recurring Deposit Calculator from HDFC Bank to calculate the maturity amount earned on your investment. Simply key in your initial amount, at a desired rate of interest for a specific term for which you wish to invest. Find out how much do you earn through a Recurring Deposit!"}
{"_id": "177442", "title": "", "text": "\"I invested in single family homes and made ok.  Houses can be an investment. (though the OP seems to equate \"\"house\"\" with primary residence)   Just like any other investment buying houses has risks.   I would not treat your primary residence or a vacation  home as an investment.  That is asking for trouble, but for many many years it was safe to assume that you would make a good return on it, and many people did.   If you evaluate the numbers for purchase price, rental market, etc and find that rentals or flipping is worth your exposure then by all means, do it.  But treating your primary residence as an investment apparently is what that comment means. Just like the stock market, many people have gotten wealthy on homes and there are lots of people who lost their shirts.\""}
{"_id": "177447", "title": "", "text": "And to your point, the same thing that was said above applies - when younger people bounce often and end up being at inflated rates, they are more often the first to get cut when cost changes need to be applied. Seen it happen all the time in multiple companies. Sometimes it's okay to work up to a good position, than to get overpaid for being an underperformer."}
{"_id": "177458", "title": "", "text": "It's one thing to have investments and own businesses. What's happening with Trump is not exactly that simple.   Maybe I'm mistaken but I can't think of a single instance of a sitting president owning a company that does direct business with the government. Please, correct me if I'm wrong.   How that could not be a complete conflict of interest (and very, very illegal) is beyond me."}
{"_id": "177464", "title": "", "text": "As many have said consult a bankruptcy attorney and think of it this way:  Are you realistically going to be able to pay off said debt (less the student loans, you cant escape these in bk) in the next 7 years?  If not, strongly consider bankruptcy. It'll fuck your credit for 7 years, but if you're going to be pinching your pennies to barely cover interest for &gt;7 years anyway, who cares. Further, you don't need more credit anyway, so who cares if you cant get it.  If you do plan on the bk route, be sure you're comfortable with your job prior to filing. It will obviously fuck your credit score and many employers check said score when hiring. Chances of switching jobs are diminished to some extent.  EDIT: On a second note, 11k in debt is not that much money. Take a second job.. Sell shit.. Sell drugs.. Sell a kidney. Do something. 11k is not hard to earn. But earn it now before exorbitant interest rates turn it to 22k, then 44k, etc.."}
{"_id": "177484", "title": "", "text": "\"Monetary policy has always been in play. The Romans frequently debased (that is, increased the alloy/base metal ratio) their coinage and the U.S. went off the gold standard numerous times, especially during wars. Really the gold standard was only adhered to when it was convenient, so historically it did not play the role that Austrians wish it would. Basically just because gold was historically used as currency does not mean that it controlled the money supply. For example, most sovereign transactions were simply recorded by symbolic \"\"money things.\"\"* And even if the gold standard did automatically protect the value of money, inflation is a hell of a lot better than deflation anyway. You want to reward people for putting their money to work, not sticking it in a mattress.  *For further information on the history of gold currency and money in general, see section 2 of this article from the LSE: http://www.sciencedirect.com/science/article/pii/S0176268098000159\""}
{"_id": "177491", "title": "", "text": "Have you considered a service that allows you to generate credit card numbers on the fly? DoNotTrackMe allows you to generate a CC number on the fly, for a specific amount.  If the vendor tries to charge more, it will fail.  If it gets stolen, it's useless. I don't know the specific fees off hand, but they have an annual fee for the feature.  Still, for the protection, doesn't seem like a bad way to go. Note: I have no affiliation with DNTM, I'm just a very happy user of their email protection products.  The Masked Cards faq is here."}
{"_id": "177518", "title": "", "text": "You need an ITIN. Follow the instructions on the IRS page to apply. You might be better off getting an on-campus employment authorization and getting an SSN, though, as the ITIN process is not really convenient."}
{"_id": "177519", "title": "", "text": "People who did it != what the requirements are. You're still shrieking and whining while still being wrong. The fact that few people take advantage of it doesn't mean it isn't possible. In fact, the fact that 17 people did it makes it demonstrably possible.   Also, starting a comment with 'Nope' then being provably wrong by a basic cursory google search is kinda the definition of being both condescending AND wrong."}
{"_id": "177528", "title": "", "text": "Founder makes available 100% equity, but uses a reasonable amount of the proceeds to pay him/herself a salary (or wage) and from that salary invests in the same initial offering to acquire shares for him/herself.   I see several problems.   What is a reasonable salary?   Also, this leaves the door open to the following scam:  Founders say that they are going to follow this plan.  However, instead of buying shares, they simply quit after being paid the salary.  They use knowledge gained from this business to start a competitor.  Investors are left holding an empty company.   Tax consequences.  The founder would pay income tax on the salary.  By contrast, if the founder instead sells shares, that would be capital gains tax, which is lower in many countries (e.g. the United States).   Why would I want to invest in a business where the founders don't believe in it enough to take a significant equity stake?   Consider the Amazon.com example.  Jeff Bezos makes a minimal salary, around $80,000 a year, less than many of his employees.  But he has a substantial ownership position.  If the company doesn't make money, he won't.  Would investors really value the stocks with a P/E of 232.10 in 2016 if they didn't trust him to make the right long term decisions?   It's also worth noting that most initial public offerings (IPOs) are not made when the founder is the only employee.  A single employee company instead looks for private investors, often called angel investors.  Companies generally don't go public until they are established in some way, often making money.  Negotiating with angel investors is different from negotiating with the public.  They can personally review the books and once invested tend to have input on how the money is spent.   In other words, this is mostly solving the wrong problem if you talk about IPOs.  This might make more sense with a crowdfunded venture, as that replaces a few angel investors with many individuals.  But most crowdfunded ventures tend to approach things from the opposite direction.  Instead of looking for investors, they look for customers.  If they offer a useful product, they will get customers.  If not, they never get the money.   Beyond all this, if a founder is only going to get a fair salary some of the time, then why put in any sweat equity?  This works fine if the company looks valuable after a year.  What if it doesn't?  The founder is out a year of sweat equity and has nothing in return.  That happens now too, but the possibility of the big return offsets it.  You're taking out the big return.   I don't think that this is good for either founders or investors.  The founder trades a potentially good or even great return for a mediocre return.  The investors trade a situation where both they and the founder benefit from a successful company to one where they benefit a lot more than the founder.  That's not good for either side."}
{"_id": "177536", "title": "", "text": "In the US, auditors are selected and fees are set by the Audit Committee of the BoD.  The Audit Committee is made up of independent directors, at least one of which is a financial expert.  Also, finding something fishy leads to extra billings much more often than it causes an auditor to lose a client."}
{"_id": "177541", "title": "", "text": "My UPS guy said that Amazon and UPS are basically merged at this point.  Their major hubs work in the same buildings.  Sometimes Amazon doesn't even touch a product, it goes right into the UPS system.  So all amazon really needs to do is push inventory down to the existing local UPS centers which really only requires some more warehouse space at an existing site.  With some intelligent data mining Amazong could figure out which products to offer with same day shipping, which with 1-day, etc."}
{"_id": "177550", "title": "", "text": "See what your current card requires for additional cards.  When my daughter turned 16, and I ordered a card for her, I realized the issuer didn't ask for her social security number, only a name and address.  That's when I also ordered a card with my pseudonym. Which I believe is what you're looking for.  I realize that you prefer no name at all, but any online site where you place an order will require you to fill in that name field ."}
{"_id": "177559", "title": "", "text": "Prior to 2005, the only SPY options that existed were the monthly ones that expire on the third Friday of every month.  But in 2005, the Chicago Board Options Exchange introduced SPY weekly options that expire every Friday (except that there is no weekly option that expires on the same day as a monthly option).  These weekly options only exist for 8 days - they start trading on a Thursday and expire 8 days later on Friday. The SPY options that expire on Friday October 31 are weekly options, and they started trading on Thursday October 23. Sources: Investopedia"}
{"_id": "177563", "title": "", "text": "\"I would say that you should keep in mind one simple idea.  Leverage was the principal reason for the 2008 financial meltdown.  For a great explanation on this, I would HIGHLY recommend Michael Lewis' book, \"\"The Big Short,\"\" which does an excellent job in spelling out the case against being highly leveraged. As Dale M. pointed out, losses are greatly magnified by your degree of leverage. That being said, there's nothing wrong with being highly leveraged as a short-term strategy, and I want to emphasize the \"\"short-term\"\" part.  If, for instance, an opportunity arises where you aren't presently liquid enough to cover then you could use leverage to at least stay in the game until your cash situation improves enough to de-leverage the investment.  This can be a common strategy in equities, where you simply substitute the term \"\"leverage\"\" for the term \"\"margin\"\".  Margin positions can be scary, because a rapid downturn in the market can cause margin calls that you're unable to cover, and that's disastrous. Interestingly, it was the 2008 financial crisis which lead to the undoing of Bernie Madoff.  Many of his clients were highly leveraged in the markets, and when everything began to unravel, they turned to him to cash out what they thought they had with him to cover their margin calls, only to then discover there was no money.  Not being able to meet the redemptions of his clients forced Madoff to come clean about his scheme, and the rest is history. The banks themselves were over-leveraged, sometimes at a rate of 50-1, and any little hiccup in the payment stream from borrowers caused massive losses in the portfolios which were magnified by this leveraging.  This is why you should view leverage with great caution.  It is very, very tempting, but also fraught with extreme peril if you don't know what you're getting into or don't have the wherewithal to manage it if anything should go wrong. In real estate, I could use the leverage of my present cash reserves to buy a bigger property with the intent of de-leveraging once something else I have on the market sells.  But that's only a wise play if I am certain I can unwind the leveraged position reasonably soon. Seriously, know what you're doing before you try anything like this!  Too many people have been shipwrecked by not understanding the pitfalls of leverage, simply because they're too enamored by the profits they think they can make.  Be careful, my friend.\""}
{"_id": "177573", "title": "", "text": "I gather that, while it is not illegal for a merchant to pass their payment card processing fees on to their customers directly in the form of a surcharge, doing so is a violation of their merchant agreements with the payment card processor (at least for Visa/MC). It's not - surcharging has been permissible since 2013, as a result of a class action lawsuit against Visa and MC. It's still prohibited by state law in 9 states.  If you're in one of those 9 states, you can contact your state Attorney General to report it. If you're not, you can check to see if the business is complying with the rules set forth by the card brands (which include signage at the point of sale, a separate line item for the surcharge on the receipt, a surcharge that doesn't exceed 4% of the transaction, etc.) and if they're in violation, contact the card company. However, some of those rules seem to matter to the card companies more than others, and it's entirely possible they won't do anything. In which case, there's nothing you can really do."}
{"_id": "177575", "title": "", "text": "If you're an American, and willing to give up citizenship, good luck to you.  Otherwise, Uncle Sam still wants his due -- Americans are responsible for paying taxes on income earned anywhere on earth, regardless of their residence."}
{"_id": "177585", "title": "", "text": "Rightly purchased bedroom furniture can give the personal touch to the bedroom but buying them should not be an expensive endeavor.  Well made, sturdy, good and tasteful furniture can significantly transform eth overall look of the atmosphere and the good news is that it can be bought at an affordable cost."}
{"_id": "177596", "title": "", "text": "The industry has had more than adequate opportunity to do something like what MP is doing and yet they haven't. So I have no issue with MP swooping in to turn the industry upside down. The CEO also was involved in Netflix and RedBox so he knows what he's doing with disrupting the movie industry.  As for the user data part, see: https://www.reddit.com/r/business/comments/6v83bu/this_startup_will_let_you_go_to_the_movies/dlyurch/"}
{"_id": "177612", "title": "", "text": "Hate to burst your bubble OP, but the average banker has ZERO control over corporate's relationship with equifax. It's silly to suggest that demanding those answers from your bottom-of-the-corporate-ladder teller or financial advisor is going to warrant you any real answers. Source: am banker."}
{"_id": "177648", "title": "", "text": "Your first scenario, involving shareholders in a private corp being limited by a contractual agreement, is common in practice. Frequent clauses include methods of valuing the shares if someone wants to sell, first right of refusal [you have to attempt to sell to the other shareholders, before you can sell to a 3rd party], and many others. These clauses are governed by contract law [ie: some clauses may be illegal in contract law, and therefore couldn't be applied here]. A Universal Shareholders' Agreement is just the same as the above, but applied to more people. You would never get an already public company to convert to a universal shareholders' agreement - because even 1 share voting 'no' would block it [due to corporate law limiting the power of a corporation from abusing minority shareholder value]. In practice, these agreements universally exist at the start of incorporation, or at least at the first moment shares become available. An example is the Canadian mega-construction company PCL*, which is employee-owned. When the original owner transferred the corporation to his employees, there was a USA in place which still today governs how the corporation operates.  In theory you could have a 'public company' where most shares are already owned by the founders, and 100% of remaining shares are owned by a specific group of individuals, in which case you may be able to get a USA signed. But it wouldn't really happen in practice.  *[Note that while PCL is broadly owned by a large group of employees, it is not a 'public company' because any random schmuck can't simply buy a share on the Toronto Stock Exchange. I assume most exchanges would prevent corporations from being listed if they had ownership restrictions like this]."}
{"_id": "177662", "title": "", "text": "Also people don't disable overdraft. Or after they get hit with the fee, they don't change their behavior.   Although that being said, I never balance my checkbook. But then again I never use debit cards and I usually only ever have 1 check outstanding at a time."}
{"_id": "177674", "title": "", "text": "You add the wash sale loss to your cost basis for the other transaction so you would have two entries in your schedule d reporting 1.) Listing the $2000 loss as a wash 2.) The cost basis for your second transaction is thus $1000+$2000 = $3000 so when it was sold for $2000 you now have a reportable loss of $1000. For more information see here.... http://www.ehow.com/how_5313540_calculate-wash-sale.html"}
{"_id": "177691", "title": "", "text": "\"I read this as \"\"Kobe Steals Falsified Data. Is another blow to Japan's reputation\"\".  My first thought was \"\"Damn. Dude isn't even in the league anymore and he's still getting Steals? That's better than anything Jordan ever did!\"\"\""}
{"_id": "177699", "title": "", "text": "Will your family still be involved in any way? This can be disastrous - I've seen families torn apart by a business. If they are, be sure to establish boundaries and get every one to agree to bring in an outside mediator for any major disputes. And everybody, including you, must agree to abide by the mediator's decision. You don't want to gain a business and lose a family member/family."}
{"_id": "177714", "title": "", "text": "You may want to look at services like https://transferwise.com/. For transferring money abroad they may be cheaper than you own bank. Here is a list of similar services: https://www.icomparefx.com/transferwise-competitors/. Which one is the cheapest depends on the amount of money you want to transfer. You would still need an account at a german bank or a trustworthy friend with a german account."}
{"_id": "177720", "title": "", "text": "ISO-9001  GET STARTED RIGHT AWAY  Having your quality management system independently certified to ISO 9001 will demonstrate your commitment to quality, best practice and continual improvement of your procedures. It will also provide assurance that your quality management system is operating efficiently and effectively, demonstrating cost savings and efficiencies year after year.  The aim of ISO 9001 certification is to prove that an organization meets its own internal standards for quality and that these in turn meet international standards.  Certification to ISO 9001 is not about establishing a new system; it documents your existing procedures to ensure that they meet the standard to deliver increased efficiencies.ISO 9001 is a widely recognized mark of quality that in many sectors is vital to winning new business. Many businesses who are certified themselves will seek out suppliers with ISO 9001 quality management systems certification.  Our consultant will be happy to discuss this with you any time This System is suitable for all small to medium size enterprises   CALL NOW For Free Consultation +971 50 3483821 !!!."}
{"_id": "177722", "title": "", "text": "Well they must be a real piece of Junk if the Israelis don't think its cost effective at killing unarmed Palestinians, especially taking into account, they are not going to pay anything and its mostly aid from the US tax payer.  The Russian PAK-FA or newly designated SU-47 on the other hand looks quite deadly.  Ah the Military complex's best boondoggle arrives at its eventual end"}
{"_id": "177736", "title": "", "text": "My first question to you is if you itemize?  If not the charitable contributions will not do any good.  Along these lines, donating unused items to Goodwill or similar can help boost your charitable giving.   The bottom line is that the 401K is one of the few real deductions high earners have.  If you anticipate earning similarly next year, you could both contribute the max.  You still have some time before the end of the year, can you get more in your wife's account? Does your state have income tax?  You might be able to deduct sales tax for larger purchases if you made any.  However, I would not justify a large purchase just to write off the sales tax.  Conventional wisdom will tell you that you should have a large mortgage in order to deduct the interests.  However, it does not make sense to pay the bank 10K so you can get 3K back from the government.  That seems pretty dumb. If you did not do additional withholding, you probably will have to pay a significant amount plus penalty if you owe more than $1000.  You still have time to make one more quarterly payment, so you may want to do so by January 15th. For next year I would recommend the following: The funny thing about giving is that it rarely helps the recipient, it does so much more for the giver.  It helps you build wealth. For myself I like to give to charities that have a bent to helping people out of poverty or homelessness.  We have two excellent ones here in Orlando, FL:  Orlando Rescue Mission and Christian Help.  Both have significant job training and budgeting programs."}
{"_id": "177748", "title": "", "text": "Makes perfect sense here.  Australia is basically a nanny state that is constantly babying it's citizens and trying to protect them from such things as alcohol and tobacco. The best idea we've come up with is to tax these things at such a high rate that people have incentive to stop using them.  A few years ago we passed an incredibly heavy tax on mixed drinks (vodka and lemonade etc.) in an attempt to curb under-age drinking. It now costs around $65-$80 for a case of Vodka Cruisers. I wonder how much cheaper *those* are in Las Vegas.  Even more recently we passed a heavy tax on tobacco, raising the price of most packs around $3-$5.  And in addition to this we pay a tax (GST) of 10% on all purchases."}
{"_id": "177757", "title": "", "text": "As Mhoran stated, no dependents, no need.  Even with dependants, insurance is to cover  those who would otherwise have a hardship. Once the kids are off to college and house paid for, the need drops dramatically.  There are some rather complex uses for insurance when estates are large but potentially illiquid. Clearly this doesn't apply to you."}
{"_id": "177768", "title": "", "text": "Are you considering using it?  Is that the point of the post?  If that's the case, I would say it's always a good idea to fully leverage your assets for investment.  I recommend leveraging everything you can to maximize your profits.  If you own a house, car, or anything else of value, you should use it as collateral.  Then, typically any stock trading for $0.01 is a good investment - they almost never go to $0 and all it takes is a movement of $0.01 to double your money.  Roulette also has similar payouts, but remember to always bet on red, never black.  Good luck - send pictures of your mansion soon!"}
{"_id": "177784", "title": "", "text": "When researchers analyze welfare participation and costs, their dataset of choice has traditionally been the Annual Social and Economic Supplement (ASEC) of the Current Population Survey. While the ASEC is certainly useful \u2014 CIS uses it frequently \u2014 it substantially undercounts welfare participation. For that reason, CIS turned to the Survey of Income and Program Participation (SIPP), a more complex dataset developed by the Census Bureau specifically to analyze welfare use. CIS's analysis of the SIPP has now generated two major studies. The first study, published in September 2015, measured welfare participation rates. It showed that 51 percent of immigrant-headed households used some form of welfare, compared to 30 percent of native households.17 This second study extends the SIPP analysis by moving from rates to costs. It finds that immigrant-headed households consume an average of $6,234 in welfare spending, compared to $4,431 for native households. The highest-cost immigrant households tend to be those headed by a person from Latin America, while the lowest-cost households are headed by people from Europe and Asia.  https://cis.org/Report/Cost-Welfare-Use-Immigrant-and-Native-Households"}
{"_id": "177798", "title": "", "text": "\"Edited: Pub 550 says 30 days before or after so the example is ok - but still a gain by average share basis.  On sale your basis is likely defaulted to \"\"average price\"\" (in the example 9.67 so there was a gain selling at 10), but can be named shares at your election to your brokerage,  and supported by record keeping. A Pub 550 wash might be buy 2000 @ 10 with basis 20000, sell 1000 @9 (nominally a loss of 1000 for now and remaining basis 10000), buy 1000 @ 8 within 30 days.   Because of the wash sale rule the basis is 10000+8000 paid + 1000 disallowed loss from wash sale with a final position of 2000 shares at 19000 basis.  I think I have the link at the example:  http://www.irs.gov/publications/p550/ch04.html#en_US_2014_publink100010601\""}
{"_id": "177826", "title": "", "text": "Mr. Swatch Nicholas Hayek first stated around 2004 that he wanted to reduce supplying movement kits (ebauches) and hair-springs to other brands for the betterment of the Swiss watch industry.  Of course there is competitive reasons for not supplying your direct competitors with the most essential parts of their product.  Hayek, despite being ridiculously successful and wealthy, was one of the better men in Swiss industry.  He is missed.  His son (who's running things) on the other hand is a bit of an ass.    I wish I had some references I could supply, but it's buried in a wall of paper watch magazines."}
{"_id": "177832", "title": "", "text": "\"Why rent money?  \"\"Ooh... new shiny. Must have!\"\" - lol  Seriously, Governements that control the presses can harness an almost magical property of money \"\"trust\"\". You and I believe wages have a set value per hour worked. This isn't always so.\""}
{"_id": "177849", "title": "", "text": "Part of the magic of the Traditional Pretax IRA is that money that goes in saves you your marginal rate, say 25%. It will grow tax deferred for the decades till retirement, and when withdrawn, you have the Standard Deduction, Exemptions, and lower brackets to fill. So it's withdrawn at your average retirement rate, which for a single this year, $4991 is the tax on $46250, just under 11%. (the $46250 adds the top of the 15% bracket ($36,250) the STD deduction ($6100) and Exemption ($3900)).  I recommend Roth if at 15% or lower, and move to pretax for 25% money. This is the simplest approach to describe."}
{"_id": "177850", "title": "", "text": "Easiest way to set one up is if you worked at an IB or have connections to one, who can put you through to the prime brokerage/prime finance group within the firm. They can help you with infrastructure, funding, etc while taking a cut of the profits. You still need to convince people to put money in your fund though."}
{"_id": "177873", "title": "", "text": "What's the relative contribution? extra ~50B in demand is interesting but versus 30T total value for US residential we'd need to know how non-foreign demand compares. That extra growth is just 0.17% of total value. Not a big piece particularly."}
{"_id": "177875", "title": "", "text": "Family of immigrants here. Working hard and earning it has absolutely nothing to do with it. That kind of comment absolutely denotes the complete ignorance most people have of the process. The factors that matter, like where you were born and luck have nothing to do with the applicant. The thing you have to do are 1) be patient (sometimes to the tune of 20 years) and 2) be able to follow an arcane process to the letter."}
{"_id": "177882", "title": "", "text": "If you mess with the interest deduction, you take away one of the main reason for home ownership.  So without the deduction we will become a nation of renters.  This will only hurt communities because renters have less at stake when it comes to community prosperity."}
{"_id": "177890", "title": "", "text": "It is true. It can be said about virtually anyone who does bad things. Especially by the people who know them. He is def not the victim in the way you are suggesting I am saying.   Life ain't black and white, kid.  What's your point?"}
{"_id": "177903", "title": "", "text": "\"Not having seen the movie, I don't know what you mean by \"\"fraudulent options buys.\"\" But there are two possibilities: 1) Someone placed buy orders on the account without authorization. In which case it comes down to a protracted lawsuit to determine whether the broker exercised due diligence, or whether Bruce foolishly gave someone his password. 2) The options themselves were fraudulent. In which case the OCC is responsible for making everyone whole.\""}
{"_id": "177908", "title": "", "text": "profit has nothing to do with the level of interest rates. Is this correct? In theory, yes. The difference that you're getting at is called net interest margin. As long as this stays constant, so does the bank's profit. According to this article: As long as the interest rate charged on loans doesn't decline faster than the interest rate received on deposit accounts, banks can continue to operate normally or even reduce their bad loan exposure by offering lower lending rates to already-proven borrowers. So banks may be able to acquire the same net interest margin with lower risk. However the article also mentions new research from a federal agency: Their findings show that net interest margins (NIMs) get worse during low-rate environments, defined as any time when a country's three-month sovereign bond yield is less than 1.25%. So in theory banks should remain profitable when interest rates are low, but this may not actually be the case."}
{"_id": "177912", "title": "", "text": "It would seem that you are in a position where you are able to save money and you hope to have your money work for you. From your statement above, it is implied that you are a professional with a steady income not related to the finance field. With that said, it is better to diversify your portfolio and have your money work for you through passive investments rather than an active one, where you actively search for companies that are below market price. That research takes time and much more experience in order to properly execute.  Now, if your overall goal is to trade actively, then maybe researching individual companies might be the best way to get your feet wet. But, if your goal is to create a diversified portfolio and make your money work for you, then passive is the way to go.  Two passive financial Vehicles:  Mutual funds and ETFs. Depending on what you are hoping to accomplish in the future, an ETF or a mutual fund will likely suite your situation. I would encourage you to do your due diligence and find out the weakness and strength of each. From there you are able to make an informed decision."}
{"_id": "177914", "title": "", "text": "Welcome to Cuba, The company provides the best holiday package and Holiday lowest rents hotel in havana. If you're looking to get some offer while you travel, don't waste your time with Tour Package. The CubanEden gives you the option of choosing a Holiday rental with a friendly host who will be happy to show you around. All hosts are carefully evaluated and selected by our team, so you just can't go wrong place. Our company provided situated in the city\u2019s most popular Holiday rentals in Havana.  All residences are on the seaside, a perfect departure point to explore the infinite and interesting Holiday rentals in Havana, and set the stage for an unforgettable Cuban vacation. Just a short drive from your vacation house will bring you to Havana's most visited destinations."}
{"_id": "177915", "title": "", "text": "Same thing as for any debt: bank sues you, you lose, you are in an even deeper hole because you now owe them for the cost of the court case, your credit rating goes into the toilet, you may even have trouble retaining/finding a job. Being stupid is always more expensive."}
{"_id": "177926", "title": "", "text": "In the stock market many participants enter orders that are not necessarily set at the current market price of the stock (i.e. they are not market orders, they are limit orders). They can be lower than the market price (if they want to buy) or they can be higher than the market price (if they want to sell). The set of orders at each point of time for a security is called the order book. The lowest selling price of the order book is the offer or ask, the higher buying price is the bid. The more liquid is a security, the more orders will be in the order book, and the narrower will be the bid-ask spread. The depth of the order book is the number of units that the order book can absorb in any direction (buy or sell). As an example: imagine I want to buy 100 units at the lowest offer, but the size of the lowest offer is only 50 units, and there is not any further order, that means the stock has little depth."}
{"_id": "177929", "title": "", "text": "\"If you're going into a field that is both in demand and pays well, then yes, it's worth going into debt for college.  That said, it's also usually worth *minimizing* how much debt you take on.  Unless you're going into a field where \"\"Harvard\"\" is all but a requirement to get your foot in the door, there's virtually no difference between *that* and your local state university, 99% of the time.  If, however, you have no idea what you want to do and are going to college just because everyone says you should - Then no, you *shouldn't*, unless someone else is paying for it (and even then, don't arbitrarily put your parents in the poorhouse just because they'll sign on the bottom line).\""}
{"_id": "177946", "title": "", "text": "\"I think the \"\"right\"\" way to approach this is for your personal books and your business's books to be completely separate. You would need to really think of them as separate things, such that rather than being disappointed that there's no \"\"cross transactions\"\" between files, you think of it as \"\"In my personal account I invested in a new business like any other investment\"\" with a transfer from your personal account to a Stock or other investment account in your company, and \"\"This business received some additional capital\"\" which one handles with a transfer (probably from Equity) to its checking account or the like. Yes, you don't get the built-in checks that you entered the same dollar amount in each, but (1) you need to reconcile your books against reality anyway occasionally, so errors should get caught, and (2) the transactions really are separate things from each entity's perspective. The main way to \"\"hack it\"\" would be to have separate top-level placeholder accounts for the business's Equity, Income, Expenses, and Assets/Liabilities. That is, your top-level accounts would be \"\"Personal Equity\"\", \"\"Business Equity\"\", \"\"Personal Income\"\", \"\"Business Income\"\", and so on. You can combine Assets and Liabilities within a single top-level account if you want, which may help you with that \"\"outlook of my business value\"\" you're looking for. (In fact, in my personal books, I have in the \"\"Current Assets\"\" account both normal things like my Checking account, but also my credit cards, because once I spend the money on my credit card I want to think of the money as being gone, since it is. Obviously this isn't \"\"standard accounting\"\" in any way, but it works well for what I use it for.) You could also just have within each \"\"normal\"\" top-level placeholder account, a placeholder account for both \"\"Personal\"\" and \"\"My Business\"\", to at least have a consistent structure. Depending on how your business is getting taxed in your jurisdiction, this may even be closer to how your taxing authorities treat things (if, for instance, the business income all goes on your personal tax return, but on a separate form). Regardless of how you set up the accounts, you can then create reports and filter them to include just that set of business accounts. I can see how just looking at the account list and transaction registers can be useful for many things, but the reporting does let you look at everything you need and handles much better when you want to look through a filter to just part of your financial picture. Once you set up the reporting (and you can report on lists of account balances, as well as transaction lists, and lots of other things), you can save them as Custom Reports, and then open them up whenever you want. You can even just leave a report tab (or several) open, and switch to it (refreshing it if needed) just like you might switch to the main Account List tab. I suspect once you got it set up and tried it for a while you'd find it quite satisfactory.\""}
{"_id": "177951", "title": "", "text": "\"Share value is not always an indication of true value. Citi was proactive in trying to find bidders for their business segments which posed the most risk to their traditional banking business.   They have expanded into many emerging markets during Pandit and \"\"slimmed down\"\" their operations. They also just got rid of Smith Barney... which I think is a great move. I think Citi has a brighter future than say, BoA.\""}
{"_id": "177959", "title": "", "text": "\"It's actually the other way around.  Distributions in an LLC are usually based on  each member's equity share, although the operating agreement can specify how often such distributions are made.  Shareholders in a corporation can receive dividends, but those are determined by the corporation's board and can vary depending on the class of stock each shareholder owns.  Preferred-class shareholders, who may hold a smaller overall fraction of the company's outstanding shares than the common stock shareholders, may receive disproportionately larger dividends per share than common stock shareholders, which is one of the (many) reasons that preferred stock is a better choice when it is available.  Take, for instance, what Berkshire Class \"\"A\"\" shareholders receive in dividends per year compared to Class \"\"B\"\" shareholders. Here's a good link from LegalZoom that can explain what you're asking about: Explanation of LLC distributions I hope this helps. Good luck!\""}
{"_id": "177990", "title": "", "text": "I know this will be unpopular but he probably 'earnt' this bonus over previous years. Nearly all long term incentive plans are deferred by three years. He probably stepped away from the business on the condition that he was paid the remainder of his LTI. I may be wrong but it looks like this is the case."}
{"_id": "178001", "title": "", "text": "\"I don't think you should mix the two notions.  Not starting out with at least.  It takes so much money, time and expertise to invest for income that, starting out at least, you should view it as a goal, not a starting point. Save your money in the lowest cost investments you can find.  If you are like me, you can't pick a stock from a bond, so put your money into a target retirement fund.  Let the experts manage the risk and portfolio.  Start early and save often!  At only 35 you have lots of time. Perhaps you are really into finance, in which case you might somebody manage your own portfolio.  Great, but for now, let an expert do the heavy lifting. You are an app developer.  Your best bet to increase your income stream with via your knowledge and expertise.  While you are still so young, you should use labor to make money, and then save that money for retirement.  I am going to make an assumption that where you are will software development means you can become a great developer long before you can become a great financier.  Play to your strengths. I am also afraid you are over estimating how comfortable you are with risk.  Any \"\"investment\"\" that has the kinds of returns you are looking for is going to be wildly risky.  I would say those types of opportunities are more \"\"speculation\"\" rather than \"\"investments.\"\"  There isn't necessarily anything wrong with speculations, but know the difference in risk.  Are you really willing to gamble your retirement?\""}
{"_id": "178007", "title": "", "text": "Depends on where we are in the credit cycle. When banks are scared like in 07 to 11, good luck.  Now (13), they'll probably start begging you.  There are more regulations that prevent it now, but they'll probably be eased as they usually are during good times. If the banks won't help you, private investors might.  Just find your local mortgage investor club."}
{"_id": "178017", "title": "", "text": "For most people, investing in the stock market directly is one of the last things to do.  That's not to say you shouldn't, but rather that there are other things to consider as well. Start with automatic monthly deposits to a liquid account such as savings or money market. The morale boost you get from seeing the balance grow is nearly impossible to beat. Following that, paying down any debts such as student loans or credit cards. Once you've done that, then you should look at company sponsored 401k plans or IRAs. Sharebuilder offers IRAs holding whichever stock or fund you pick. Again, automatic monthly deposits are the way to go here. Good luck, and happy investing :)"}
{"_id": "178023", "title": "", "text": "Mobile Computer Services Australia has you covered for all types of software and hardware related problems in your desktop and laptops, regardless model or make. We can recover files from hard drive, using data recovery software for Mac, Windows and other operating systems. Call us anytime for data recovery services in Sydney."}
{"_id": "178028", "title": "", "text": "\"Assuming the numbers you gave are forecasted 2013 annual income, you should really use an average and give the lender 1 number, as long as you can provide documentation to back it up. Lenders aren't as sophisticated as considering your monthly income fluctuations into their underwriting algorithm.  If you're not tied down to your existing lender, I highly recommend you to shop around. There isn't an \"\"universal lending requirement\"\". You'll be surprised at how flexible they are. Not as a recommendation to get around the rules, but just finding a lender that'll work with your situation. Try personal finance forums such as FatWallet or Slickdeal to find low-cost lenders: http://goo.gl/vIojT\""}
{"_id": "178034", "title": "", "text": "You can trade an index by using a Contract For Difference, or CFD. Various brokers offer this method and the spreads are quite low. They tend to widen outside of market hours, and not all brokers offer the same spreads. I would look for a broker that offers the lowest spread on the index you are interested in. You should also do your due diligence and check they are regulated by the relevant authority  pertaining to their territory, eg FSA for uk"}
{"_id": "178036", "title": "", "text": "My home town an uber driver was picking up passengers while on a shooting rampage. All those things can easily be set up in an app. And I still would like the choice to pay with cash. This has been done for many years.    https://arcade.city/ looks like an alternative."}
{"_id": "178045", "title": "", "text": "I can go on a rant about how much I know, try to shamelessly prove to you how smart I am by throwing out a bunch of shit that I've learned, but none of that means anything. Of course I know how to approach it from a business perspective. Legally, I have friends who can advise me in my immediate area. But experience, wisdom, people who have been in similar positions with some sage advice, isn't something you can learn in an MBA classroom. I don't think there's anything wrong with using Reddit, as a resource, to gain some further insights. Regardless, I appreciate you and your time."}
{"_id": "178059", "title": "", "text": "Elaborating on kelsham's answer: You buy 100 shares XYZ at $1, for a total cost of $100 plus commissions. You sell 100 shares XYZ at $2, for a total income of $200 minus commissions. Exclusive of commissions, your capital gain is $100 for this trade, and you will pay taxes on that.  Even if you proceed to buy 200 shares XYZ at $1, reinvesting all your income from the sale, you still owe taxes on that $100 gain.  The IRS has met this trick before."}
{"_id": "178061", "title": "", "text": "That article was terribly generic and ripe with grammatical errors. A quick Google search yields dozens of much more informative articles. Furthermore, this topic has a fringe relation to finance, and would be a better post in a small business, entrepreneur, or accounting subreddit."}
{"_id": "178081", "title": "", "text": "The Thule Outride 561 is a aluminium frame, super light weight roof-top option to carry your bike or two. This lovely bike carrier is especially designed for sports bikes with carbon frames. The Thule Outride 561 sports quick release wheel straps for near instant loading and unloading of your bikes.Bikes can be locked to the carrier making them difficult to steal."}
{"_id": "178090", "title": "", "text": "My motivation was to see what other people thought. I know I have my own bias so I would rather see what other people thought.   One of the points I took from Ferguson was that money not being used is less valuable than money being used. In that sense a bank creates real value in an economy by allocating money to people who need it at a specific moment from those who do not need it at that moment.  I see so many threads and comments on reddit about how banks are purely evil institutions that have no benefit to society so I guess I just hoped to see some insight from the finance community, but also to see a discussion about banking from people with opposing opinions.  Thanks!"}
{"_id": "178105", "title": "", "text": "\"If you buy a call, that's because you expect that the stock will go up. If it does not go up, then forget about buying more calls as your initial idea seems to be wrong. And I don't think that buying a put to make up for the loss will work either, the only thing that is sure is that you will pay another premium (on a stock that could stay where it is). Even if you are 100% sure that the stock will go up again, don't do anything, as John Maynard Keynes stated: \"\"Markets can remain irrational longer than you can remain solvent\"\". My idea is: wait until the expiration date. The good things about options is that you won't lose more than the premium that you paid for it and that until it reaches its maturity you can still make money if the market turns around. More generally, when you are purely speculating, adding to a position when it goes against you is called \"\"averaging down\"\". I sincerely discourage you to do that : If the stocks goes in the wrong direction, that means that your   initial idea was wrong in the first place (or you were not right at   the right moment). In my opinion, adding up to a wrong idea is not the   right thing to do. When you are losing, just take your loss and don't   add up to your position based on your emotions. On the other hand, adding to your position more when the stock goes in   your direction is called \"\"pyramiding\"\" and is, in my opinion, a better   way of doing things (you bought, you were right, let's buy more). But   at some point you will have to take your profits. There are plenty of other stocks on which you can try to invest and the market will still be here tomorrow, there will be other opportunities to make profits. Rushing things by constantly trying to have a position is not a good idea. Not doing anything is also a strategy.\""}
{"_id": "178127", "title": "", "text": "\"The comments are getting too much, but to verify that you are not insane, you are being bullied.  It sounds like this is a sub-prime loan, of which you are wisely trying to get out of.  It also sounds like they are doing everything in their power to prevent you from doing so.  For them you are a very profitable customer. This might take some legwork for you, but depending on how bad they are violating the law they might be willing to forgive the loan.  What I am trying to say, it might be very worth your while! Your first step will be looking for any free resources at your disposal: Just be cautious as many \"\"credit representation\"\" type business are only offering loan consolidation.  That is not what you need. Fight those bastards!\""}
{"_id": "178147", "title": "", "text": "you understand inflation is necessary for growth? inflation is an increase in the money supply. the fed has a policy of inflation targeting. they say okay we are fine with 2% inflation lets keep it at that level. and their policies aim to keep inflation at that level."}
{"_id": "178159", "title": "", "text": "Summers are really heartbreak if you don\u2019t have a right fabric to wear for. So, be the best buddy of summers with these linen shirts, breathable fabrics that are stylish in approach &amp; calm on your skin. Carry that style with you wherever you go."}
{"_id": "178179", "title": "", "text": "There've certainly been lots of problems with unions, but no greater than with the businesses or agencies they bargain with.    There is constant push in both directions; getting rid of them will just allow companies to run roughshod over workers like they did before, and since legislation is as much a commodity as anything else these days, they'll just stretch or change laws that impede them if they're not stopped.     They're not obsolete, because the need never goes away, because one employer or another is always looking for ways to exploit &amp; endanger his employees to improve his margins.   No, not all employers will do this; but not all unions are or ever were bad, either, and unlike unions, companies actually get a short-term competitive advantage from squeezing their staffs, which means bad actors have a significant chance of crowding out good ones.  In the long-term, balance between labor &amp; capital benefits everyone; imbalance looks good in the short term, but eventually blows up.   Both sides will always seek advantage- it's their nature- so both sides need strong counterbalance.    Labor was strong for a fleeting while, but now the pendulum swings back."}
{"_id": "178181", "title": "", "text": "\"There are a lot of good answers, but I will share my experience.  First, a savings account needs to be for savings. If your in the US you have \"\"Regulation D\"\" to deal with and that will bite you on the rear if you go over those limits. Specially easy to do if your purchasing from a savings account.  Next having an \"\"Income\"\" account and a \"\"Spending\"\" account can be a very good tool to build a nest egg. So for example you get $1500 into your income account and then move $1000 to your spending account then budget based on that $1000. This is an amazing thing to do, so long as you have the discipline to never transfer that extra $500, and pretend your broke when you run out of the $1000.  That being said there is no reason that you can't do that in one account. It's all preference. My wife and I use YNAB (an envelope budgeting system) to do just that. We don't need the separate accounts. We are no more likely to \"\"not spend\"\" in one account then we are to \"\"not spend\"\" in two accounts. It's all just self discipline and what you need to do.  This does lead to the situation we call YNAB broke. It's when we have to start choosing between  \"\"going hungry\"\" or getting that new DVD, even though our bank account has $5,000 in it.  It's even harder when you choose \"\"go hungry\"\" and have to follow through with it, even though you have enough to buy a used car in your bank account.  But rather it's \"\"YNAB broke\"\" or your spending account is empty and your income account it full, the result is the same. It's up to \"\"you\"\" to have the self discipline not to spend. Rather that's in one account or two makes little difference.\""}
{"_id": "178215", "title": "", "text": "The patent system is so archaic and broken that if it isn't completely overhauled soon, it's going to self destruct and take a generation of potential research and development down with it. It's a shame that no one in Washington seems to understand and/or care."}
{"_id": "178222", "title": "", "text": "If they consider the midwest, I'd hope for Detroit or Ann Arbor.  Both are right next to Detroit Metro &amp; I believe Amazon already has a presence here.  You could pick up a good chunk of land for not much money in the Detroit city limits, and Ann Arbor has the UofM talent pool.  There's also a bit of a minor tech boom going on down in Detroit."}
{"_id": "178241", "title": "", "text": "I don't think most people know how rule making works.  I think they get confused about the political cycle and how laws are passed.  They want someone to blame.  It's easier to just think of the President as a king or dictator and pretend it's all his fault.  Especially when he looks different then you."}
{"_id": "178250", "title": "", "text": "\"Not necessarily. I was visiting my parents in Auburn, CA and needed an AV cable and saw a \"\"Sears\"\" store in this little podunk strip mall. It was the most pathetic excuse for a store I've ever seen. Worse than a dollar store, except they sold washer and dryers.\""}
{"_id": "178278", "title": "", "text": "\"This might be a good idea, depending on your personality and inclinations. Key points: How close is the building to you? Do not buy any building that is more than 20 minutes travel from where you are. Do you have any real hard experience with doing construction, building maintenance and repair? Do you have tools? Example: do you have a reciprocating saw? do you know what a reciprocating saw is? If your answer to both those questions is \"\"no\"\", think twice about acquiring a property that involves renovation. Renovation costs can be crushing, especially for someone who is not an experienced carpenter and electrician. Take your estimates of costs and quadruple them. Can you still afford it? Do you want to be a landlord? Being a landlord is a job. You will be called in the middle of the night by tenants who want their toilet to get fixed and stuff like that. Is that what you want to spend your time doing, driving 20 minutes to change lightbulbs and fix toilets?\""}
{"_id": "178281", "title": "", "text": "Slavery is a bad example considering everyone benefited from it. Cheap labor lowers the cost of living and improves living conditions for the majority.   I'm curious. What do you think about this angle? Let's say businesses like Romney's didn't exist. What happens when a family run business starts failing? Not because of market forces but because of poor management and lack of knowledge/ability? They would simply vanish along with all of the jobs that business provided. The debt would remain and burden the owners. Instead, jobs have the possibility to be saved, and the owner(s) can resolve debts and/or make money from the sale."}
{"_id": "178290", "title": "", "text": "Sounds questionable to me. If there is no way around this I would suggest opening a new account with only the minimum balance necessary and sending them the debit card associated with that account. If anything goes wrong then the amount of damage they can do will be limited. I would definitely be looking for other options though. Maybe they can just mail you a check or something?"}
{"_id": "178296", "title": "", "text": "Well, if one share cost $100 and the company needs to raise $10000, then the company will issue 100 shares for that price.  Right? However, say there's 100 shares out there now, then each share holder owns 1/100th of the company. Now the company will remain the same, but it's shared between 200 shareholders after the issuing of new shares.  That means each share holder now owns 1/200th of the company.  And hence only gets 1/200th of their earnings etc."}
{"_id": "178303", "title": "", "text": "\"Some thoughts: 1) Do you have a significant emergency fund (3-6 months of after-tax living expenses)? If not, you stand to take a significant loss if you have an unexpected need for cash that is tied up in investments. What if you lose/hate your job or your car breaks down? What if a you want to spend some time with a relative or significant other who learns they only have a few months to live? Having a dedicated emergency fund is an important way to avoid downside risk. 2) Lagerbaer has a good suggestion. Given that if you'd reinvested your dividends, the S&P 500 has returned about 3.5% over the last 5 years, you may be able to get a very nice risk-free return.  3) Do you have access to employer matching funds, such as in a 401(k) at work? If you get a dollar-for-dollar match, that is a risk-free pre-tax 100% return and should be a high priority. 4) What do you mean by \"\"medium\"\" volatility? Given that you are considering a 2/3 equity allocation, it would not be at all out of the realm of possibility that your balance could fall by 15% or more in any given year and take several years to recover. If that would spook you, you may want to consider lowering your equity weights. A high quality bond fund may be a good fit. 5) Personally, I would avoid putting money into stocks that I didn't need back for 10 years. If you only want to tie your money up for 2-5 years, you are taking a significant risk that if prices fall, you won't have time to recover before you need your money back. The portfolio you described would be appropriate for someone with a long-term investment horizon and significant risk tolerance, which is usually the case for young people saving for retirement. However, if your goals are to invest for 2-5 years only, your situation would be significantly different.  6) You can often borrow from an investment account to purchase a primary residence, but you must pay that amount back in order to avoid significant taxes and fees, unless you plan to liquidate assets. If you plan to buy a house, saving enough to avoid PMI is a good risk-free return on your money. 7) In general, and ETF or index fund is a good idea, the key being to minimize the compound effect of expenses over the long term. There are many good choices a la Vanguard here to choose from. 8) Don't worry about \"\"Buy low, sell high\"\". Don't be a speculator, be an investor (that's my version of Anthony Bourdain's, \"\"don't be a tourist, be a traveler\"\"). A speculator wants to sell shares at a higher price than they were purchased at. An investor wants to share in the profits of a company as a part-owner. If you can consistently beat the market by trying to time your transactions, good for you - you can move to Wall Street and make millions. However, almost no one can do this consistently, and it doesn't seem worth it to me to try. I don't mean to discourage you from investing, just make sure you have your bases covered so that you don't have to cash out at a bad time. Best of luck! Edit Response to additional questions below. 1) Emergency fund. I would recommend not investing in anything other than cash equivalents (money market, short-term CDs, etc.) until you've built up an emergency fund. It makes sense to want to make the \"\"best\"\" use of your money, but you also have to account for risk. My concern is that if you were to experience one or more adverse life events, that you could lose a lot of money, or need to pay a lot in interest on credit card debt, and it would be prudent to self-insure against some of those risks. I would also recommend against using an investment account as an emergency fund account. Taking money out of investment accounts is inefficient because the commissions/taxes/fees can easily eat up a significant portion of your returns. Ideally, you would want to put money in and not touch it for a long time in order to take advantage of compounding returns. There are also high penalties for early disbursements from retirement funds. Just like you need enough money in your checking account to buy food and pay the rent every month, you need enough money in an emergency fund to pay for things that are a real possibility, even if they are less common. Using a credit card or an investment account is a relatively expensive way to do this. 2) Invest at all? I would recommend starting an emergency fund, and then beginning to invest for retirement. Once your retirement savings are on track, you can begin saving for whatever other goals you may have\""}
{"_id": "178306", "title": "", "text": "Possibly living beyond her means but I assume that was the business gross and 300K in Utah is not that great. I have no idea what the margin is in the plant nursery business or how many employee's she had but I bet her personal income was closer to 100K. Once people stopped buying plants to fix up their homes to flip it was all over for her I'm sure.   The bigger problem is that this is playing out for millions of other people that relied on housing for an income from real estate sales people, loan brokers, builders, construction workers simply everything downstream of housing has been hit hard and many many people are in this same boat or soon will be.   The really bad thing is there is no quick fix for all these people as housing is not coming back for years if not decades. So basically we have a whole segment of the economy that has been decimated and these people have no where to turn. It's not going to be pretty any way you look at it."}
{"_id": "178311", "title": "", "text": "\"I really dont understand your argument man. Most people \"\"escape\"\" in alot of ways alcohol being the most popular why dont you find issue with this ?    &gt;Or that tons of people here use and don't want to see that its not necessarily a good thing.   Im assuming u live in the la area as do i almost 60% of this state voted for legalization and 60% of our nation approves of legalzation according  to polls  http://www.gallup.com/poll/196550/support-legal-marijuana.aspx  Fact is a ton more people feel the opposite way that you do. There is absoulety no compelling evidence that suggests that mj is more dangerous than legal substances like tobacco and alcohol in fact quite the opposite. So i honestly have to say your stance is quite baffling i tend believe people like just dont personally enjoy mj.\""}
{"_id": "178319", "title": "", "text": "\"Kind of a silly question asking \"\"YOU\"\" to rank stony brook, kind of subjective. If this is your path, then 4.0 in math based subject, ____________ engineering, econ, finance ect.... You're close to NYC so internship YEAR FUCKING ROUND, work a few years and then head to Top 5 MBA.\""}
{"_id": "178327", "title": "", "text": "There's this thing called google. It's amazing how it's developed in the last 13 years. Some say it has indexed all publicly available information on the internet, and even some books too. It has absolutely decimated it's competition in the search engine market making sites like excite.com and webcrawler.com a thing of the past.  TL;DR do your own fucking research"}
{"_id": "178340", "title": "", "text": "First, if it's just about the income limit, you can deposit to a regular IRA and soon after (like next day) convert it to a Roth. So long as you have no pretax IRA money out there, there will be no tax consequence, a cent on a day's interest, perhaps.  As far as the 401(k) goes, are the options any good? Some 401(k) investment choices are so awful it's best to stop after getting full matching. Mine has an S&P index fund with a .05%/yr expense ratio. That's less than I can find in the best ETF out there.  Keep in mind, if you invest long term, the dividends are favored, 15% rate, and the capital gain is both controllable (you decide when to take it, by selling) and also favored, 15%. The magic of 401(k) and IRAs, whatever kind is a bit overplayed in the media. Your investing rate and asset choices are far more important."}
{"_id": "178350", "title": "", "text": "Listen Snowflakes, the world was punishing the USA for 8 years during obama the jihadist's reign of terror. Where were you then?  Trump is now getting it all back. Just sit back, keep puffing on your bong with fruit loops water, and relax and watch The Donald roll and fix all the things you and obama fucked us on."}
{"_id": "178356", "title": "", "text": "Global Trade Connect is most common and popular website for the business in the United States because here is easy to start and manage for any company's product and service. If you are fighting to search the profitable products for the reselling in online, then you need to spot unique products before using given Wholesale trade. You should always cross check by finding the same products at the different marketplace.You need to plan carefully that how you can beat a competition."}
{"_id": "178379", "title": "", "text": "\"&gt;Wait, how is \"\"selling more cars\"\" equivalent to the \"\"peak of culture\"\"? I fail to agree that American culture reached a peak 40 years ago. Frankly, I think I'd be pretty bored if I were thrown back to 1969, even though it seemed pretty exciting at the time.  Maybe I should have said the peak of American society and productive business.  You don't find it odd that the year when the most cars were sold in the US was over 40 years ago despite a doubling of the population?  That means people don't buy cars as often as they are not as financially able to anymore.  People with lots of money buy new cars, poor people don't.   Google and iphones are all well and good but how many of today's business success stories provide valuable services to society? Fewer and fewer.\""}
{"_id": "178386", "title": "", "text": "\"No, it doesn't look like you can use the employee benefit to pay for parking near your home. The definition for \"\"qualified parking\"\" is in the Internal Revenue Code Section 132 (\"\"Certain Fringe Benefits\"\") (f) (5) (c): (C) Qualified parking The term \u201cqualified parking\u201d means parking provided to an employee on or near the business premises of the employer or on or near a location from which the employee commutes to work by transportation described in subparagraph (A), in a commuter highway vehicle, or by carpool. Such term shall not include any parking on or near property used by the employee for residential purposes.  Parking near your home is explicitly excluded. Your employer's human resources department can probably provide information on the details of where you can park and get reimbursement.\""}
{"_id": "178438", "title": "", "text": "Look into the asset allocations of lifecycle funds offered by a company like Vanguard. This page allows you to select your current age and find a fund based on that. You could pick a fund, like the Target Retirement 2055 Fund (ages 21-25), and examine its allocation in the Portfolio & Management tab. For this fund, the breakdown is: Then, look at the allocation of the underlying funds that comprise the lifecycle fund, in the same tab.  Look at each of those funds and see what asset allocation they use, and that should give you a rough idea for an age-based allocation. For example, the Total Stock Market Index Fund page has a sector breakdown, so if you wanted to get very fine-grained with your allocation, you could. (You're probably much better off investing in the index fund, low-cost ETFs, or the lifecycle fund itself, however; it'll be much cheaper).  Doing this for several lifecycle funds should be a good start. Keep in mind, however, that these funds are rebalanced as the target date approaches, so if you're following the allocation of some particular funds, you'll have to rebalance as well. If you really want an age-based allocation that you don't have to think about, invest in a lifecycle fund directly. You'll probably pay a lower expense ratio than if you invested in a whole slew of funds directory, and it's less work for someone who isn't comfortable managing their portfolio themselves. Furthermore, with Vanguard, the expense ratios are already fairly low.  This is only one example of an allocation, however; your tolerance of risk, age, etc. may affect what allocation you're willing to accept.  Full disclosure: Part of my Roth IRA is invested in the Target 2055 fund I used as an example above, and another part uses a similar rebalancing strategy to the one I used above, but with Admiral Share funds, which have higher minimum investments but lower expense ratios."}
{"_id": "178446", "title": "", "text": "\"Correcting Keith's answer (you should have read about these details in the terms and conditions of your bank/broker): Entrustment orders are like a \"\"soft\"\" limit order and meaningless without a validity (which is typically between 1 and 5 days). If you buy silver at an entrustment price above market price, say x when the market offer is m, then parts of your order will likely be filled at the market price.  For the remaining quantity there is now a limit, the bank/broker might fill your order over the next 5 days (or however long the validity is) at various prices, such that the overall average price does not exceed x. This is different to a limit order, as it allows the bank/broker to (partially) buy silver at higher prices than x as long as the overall averages is x or less.  In a limit set-up you might be (partially) filled at market prices first, but if the market moves above x the bank/broker will not fill any remaining quantities of your order, so you might end up (after a day or 5 days) with a partially filled order. Also note that an entrustment price below the market price and with a short enough validity behaves like a limit price. The 4th order type is sort of an opposite-side limit price: A stop-buy means buy when the market offer quote goes above a certain price, a stop-sell means sell when the market bid quote goes below a certain price. Paired with the entrusment principle, this might mean that you buy/sell on average above/below the price you give. I don't know how big your orders are or will be but always keep in mind that not all of your order might be filled immediately, a so-called partial fill.  This is particularly noteworthy when you're in a pro-rata market.\""}
{"_id": "178453", "title": "", "text": "\"&gt; Didn't these guys get their covers blown? Your statement refutes itself.  How? I'm saying Cash can be used *just the same*, and the point of 'bitcoin is anonymous' glosses over the logistics of purely anonymous trade. The second you come out of the darkweb into the real word which you flat out must unless you intend to trade in small amounts and never pay taxes/trade for anything in the 'light' then the chain will be follow able back to the invisible now not so anonymous wallet. IE the wallet is only anonymous if it only does business with other wallets that stay in the darknet which doesn't happen and doesn't happen with cash either - see Panama papers.  &gt;  Also, offshore banking \"\"safe havens\"\" frequently give away records to authorities, which most recently led to arrest of piracy website admins e.g. kickasstorrents  Right which is the same as Bitcoin? IE Bitcoin doesn't fund terrorism anymore than Cash does and is no harder or easier to discern one from the other = Therefore the comparison is stupid and theater for the stupid.\""}
{"_id": "178460", "title": "", "text": "If you've never had a credit card before a likely reason can be due to lack of credit history. You can apply for a department store card. Nordstroms, Macy's, Target will often grant a small line of credit even with no history. Target would be my first attempt as they have a wide selection of every day items, improving your usage on the card. If you've been denied due to too many applications, then you need to wait 18-24 months for the hard pulls to drop off your credit report before you apply again."}
{"_id": "178496", "title": "", "text": "\"As the answer above states, future inflation mitigates \"\"unwise\"\" for a longer term mortgage, at least in financial-only terms.  But consider that, if you lose your ability to make payments for long enough time ANYTIME during term, the lending institution has a right to repossess, leaving you with NOTHING or worse for all the maintenance you've had to do.  You can never know, but eleven years into my mortgage, I lost enough of my income for just long enough time to have to sell for just enough to pay the remainder of the mortgage and walk away with empty pockets.   To help clarify understanding even better, contrast the 30-yr mortgage with the other extreme: save up and own from day one.  When I did the math a few years ago, buying with a 30-year mortgage would cost cumulatively almost 3 times the real house value in mortgage payments with never the freedom to suspend payments when I might need to.  Being a freedom-loving American, I determined to buy a house with cash.  DON'T FORGET that mortgageable properties are over-priced just because buyers less wise than you are so willing to borrow to buy them, so I decided to buy some fixer-upper that no bank would lend on.  I found such a fixer-upper, paid cash, never have to worry about repossession by a lender, can continue to save up for my dream home which I'll own a lot sooner, and will have a nice increase in house value while I fix it up to help get me there, and NO INSURANCE PAYMENTS to some insurer who'll tell me what I can't do with MY property. Let the next buyer of your fixed-up, paid-off house pay YOU the over-priced amount they are willing to pay just because THEY can get that 30-year mortgage, and you enjoy the freedom to dream and adjust your budget to the needs of the moment and end up with a house in 30 years (15, more realistically) that is 2.5 times more valuable.  And keep from fighting with your spouse over finances in the meantime.\""}
{"_id": "178497", "title": "", "text": "Stock options represent an option to buy a share at a given price.  What you have been offered is the option to buy the company share at a given price ($5) starting a given date (your golden handcuffs aka vesting schedule). If the company's value doubles in 1 year and the shares are liquid (i.e. you can sell them) then you've just made $125k of profit.  If the company's value has gone to zero in 1 year then you've lost nothing other than your hopes of getting rich. As others have mentioned, the mechanics of exercising the option and selling the shares can typically be accomplished without any cash involved.  The broker will do both in a single transaction and use the proceeds of the sale to pay the cost of buying the shares.  You should always at least cover the taxable portion of the transaction and typically the broker will withhold that tax anyways.  Otherwise you could find yourself in a position where you have actually lost money due to tax being owed while the shares decline in value below that tax.  You don't have to worry about that right now. Again as people have mentioned options will typically expire 10 years from vesting or 90 days from leaving your employment with the company.  I'm sure there are some variations on the theme.  Make sure you ask and all this should be part of some written contract.  I'm sure you can ask to see it if you wish.  Also typical is that stock option grants have to be approved by the board which is normally a technicality. Some general advice:"}
{"_id": "178501", "title": "", "text": "I would not claim to be a personal expert in rental property. I do have friends and family and acquaintances who run rental units for additional income and/or make a full time living at the rental business.  As JoeTaxpayer points out, rentals are a cash-eating business. You need to have enough liquid funds to endure uncertainty with maintenance and vacancy costs. Often a leveraged rental will show high ROI or CAGR, but that must be balanced by your overall risk and liquidity position. I have been told that a good rule-of-thumb is to buy in cash with a target ROI of 10%. Of course, YMMV and might not be realistic for your market. It may require you to do some serious bargain hunting, which seems reasonable based on the stagnant market you described. Some examples: The main point here is assessing the risk associated with financing real estate. The ROI (or CAGR) of a financed property looks great, but consider the Net Income. A few expensive maintenance events or vacancies will quickly get you to a negative cash flow. Multiply this by a few rentals and your risk exposure is multiplied too!  Note that i did not factor in appreciation based on OP information. Cash Purchase with some very rough estimates based on OP example Net Income = (RENT - TAX - MAINT) = $17200 per year Finance Purchase rough estimate with 20% down Net Income = (RENT - MORT - TAX - MAINT) = $7500 per year"}
{"_id": "178512", "title": "", "text": "Money advances are prepared for individuals who require a brief budget to aid include anything inevitable prior to their particular up coming salary. The money alone is comparable to other kinds of credit score, good results . right after to be short-term and extremely quickly. The particular pay day typically has to be paid back for the particular date of the up coming salary."}
{"_id": "178514", "title": "", "text": "I will get one and use it, these are things that are american, and values I support, not the things politicians or newspapers are spewing, but just hey we are humans, we care for you and ours, please if you need to get something they make, try and get one if you think they are something you agree with."}
{"_id": "178519", "title": "", "text": "You can make a rough calculation of the annual turnover rate of stocks by calculating the institutional investors holding of that stock. Institutional investors are the only firms that are required to provide such data. The good this is they usually make the lion share of trading activity. On the other hand, this task might proof arduous   A different ratio that could be used as a substitute Share Turnover which is calculated as:  Share Turnover gives the number of shares traded as a fraction of the number of shares outstanding. For example, if you compare the results of stock turnover for three companies and the results came as follows:  Company A-share turnover: 1.5 Times Company B share turnover: 3 times Company C share turnover: 0.3 times From the results, we can conclude that for a particular period, company C had the least activity and the number of shares traded for that period was only a small fraction of the shares outstanding while other traders of company C hold most shares and never trade them. If you make a cross sectional analysis of a list of businesses you intend to invest in, you could figure which one has the least number of rapidity in the shares traded."}
{"_id": "178521", "title": "", "text": "\"I dug up an old article on Motley Fool and one approach they mention is to get the stock certificates and then sell them to a friend: If the company was liquidated, you should receive a 1099-DIV form at    year's end showing a liquidating distribution. Treat this as if you   sold the stock for the amount of the distribution. The date of \"\"sale\"\"   is the date that the distribution took place. Using your original cost   basis in the shares, you can now compute your loss. If the company hasn't actually been liquidated, you'll need to make   sure it's totally worthless before you claim a loss. If you have   worthless stock that's not worth the hassle of selling through your   broker, you can sell it to a friend (or cousin, aunt, or uncle) for   pennies. (However, you can't sell the stock to a spouse, siblings,   parents, grandparents, or lineal descendants.) Here's one way to do   it: Send the certificate to your stock-transfer agent. Explain that the shares have been sold, and ask to cancel the old shares and issue   a new certificate to the new owner. Some brokerages will offer you a quicker alternative, by buying all of your shares of the stock for a penny. They do it to help out   their customers; in addition, over time, some of the shares may   actually become worth more than the penny the brokers paid for them. By selling the shares, you have a closed transaction with the stock and can declare a tax loss. Meanwhile, your friend, relative, or   broker, for a pittance, has just bought a placemat or birdcage liner.\""}
{"_id": "178557", "title": "", "text": "Wow man! Godspeed. As long as you have a plan to ultimately go grand and strictly stick to your planned timelines, I'm happy for you in all cases...however, while you are at it, do not forget to start your family and settling down as well. Keep a balance in life and don't let the life Pass by on a single track.. Best wishes and regards..."}
{"_id": "178579", "title": "", "text": "One other advantage of a 529 versus a simple investment account (like an UGMA/UTMA) is that the treatment for the purposes of financial aid is more advantageous (FinAid.org). Even if it is a custodial account (in which the student is both the owner and beneficiary), it is treated as a parental asset when completing the FAFSA. That means the amount that will be considered available each year towards the Estimated Family Contribution (EFC) will be greatly reduced. To be sure, this does not help with all colleges (often ones that use the CSS/PROFILE in addition to the FAFSA). Some will simply assume that 25% of the 529 will be used each year."}
{"_id": "178581", "title": "", "text": "I like your Bill Cosby 'Huckstable' style explanation, but it's just not right. When your back is against the wall, things happen differently, more dynamically with unpredictable stuff going on. Like people helping you out and you helping people out. And other stuff...odd jobs, garage sales, etc."}
{"_id": "178586", "title": "", "text": "&gt; Umm, one of the benefits of creating a corporation is to keep personal money separate from the business.  you missed the key statement from that little link you posted. Here, I'll help you out:  &gt; An owner of a corporation can be held personally liable if he or she:  personally guarantees a bank loan or a business debt on which the corporation defaults  And for a brand new company, you can sure as shit guarantee that as an owner, you'll be held personally liable."}
{"_id": "178611", "title": "", "text": "\"Theres a difference between being \"\"materially better\"\" and having deep knowledge of company politics as part of your job.   A manager should be much more aware of how each person contributes to the whole, what their stengths are, who to talk to about what, and how, and why. Thats why non-managerial level people are called \"\"individual contributors\"\" -- they're focused on doing their part. Where-as managers are focused on how all of the individual contributors work together.  Its not about being \"\"materially better\"\" it's about delegation of task types and workflows.\""}
{"_id": "178614", "title": "", "text": "The difference is ordinary income. If the price drops and you sell for exactly what you paid, you have an income of D and a capital loss of D which usually cancel each other, but not always. For example, if you already have over $3000 in losses, this loss won't help you, it will carry forward.  The above changes a bit if you hold the stock for 2 years after the beginning of the purchase period. If sold between your purchase price and fair market the day you bought, the gain is only the difference, no gain to fair market + loss.   Pretty convoluted. Your company should have provided you with a brief FAQ / Q&A to explain this.  My friends at Fairmark have an article that explains the ESPP process clearly, Tax Reporting for Qualifying Dispositions of ESPP Shares."}
{"_id": "178664", "title": "", "text": "You understand that inhalation/smoking isn't the only route of administration for THC (active drug in pot), right? Pseudo-Pharmaceutical grade cannabinoid extractions are already used as medication for those with excruciating GI issues, glaucoma and seizure disorders.   The only reason smoking the buds is the preferred method of consumption is because it's the base form and easy to come by. It's (typically) too expensive for one to refine the drug themselves, too risky legally or too dangerous without a controlled laboratory setting. Due to the length of its illegality, extensive research is prohibited to even determine what benefits it could even have in these forms.   You have no idea what therapeutic dosing or high grade cannabinoids could even do because no one is allowed to do it. Especially not doctors trying to keep their medical licenses.   Also I disagree that the benefits of opioids outweigh the side effects. That's why we're having the opioid crisis in the first place. Highly addictive and can lead to overdose. While there is no single case of THC overdose.   (Forensic drug chemist here, not talking out my ass)"}
{"_id": "178668", "title": "", "text": "The key idea he should focus on is that every debt includes interest - the money he didn't borrow, but now owes. The interest goes straight to the lender pocket and the debtor has to get money somewhere for that interest. That's the key reason of why getting another loan only increases pressure on the debtor - with the new loan he owes new interest in addition to what he already owed."}
{"_id": "178684", "title": "", "text": "Usually the amount of the ESPP stocks is very small compared to the overall volume of the trading, so it shouldn't matter. But check if for your company it not so (look at the stock history for the previous ESPP dates, and volumes)."}
{"_id": "178690", "title": "", "text": "&gt; related to management compensation, public disclosures, investor liquidity, and portfolio concentration and use of leverage.  Could you discuss why the lack of restrictions on these subjects would make hedge funds more attractive to wealthy investors as opposed to mutual funds?"}
{"_id": "178691", "title": "", "text": "You should invest a trivial (<500$USD) amount of money in a stock portfolio. If you aren't able to make more on the market than the interest rates of your loans, you are losing money. This question has discussed this topic as well."}
{"_id": "178693", "title": "", "text": "I'd like to provide ideas other than gold, stocks, property, bonds on how to prepare for a severe crisis. My suggestions below may even make your life more happy now."}
{"_id": "178697", "title": "", "text": "\"This seems to depend on what kind of corporation you have set up. If you're set up as a sole proprietor, then the Solo 401k contributions, whether employee or employer, will be deducted from your gross income.  Thus they don't reduce it. If you're set up as an S-Corp, then the employer contributions, similar to large employer contributions, will be deducted from wages, and won't show up in Box 1 on your W-2, so they would reduce your gross income.  (Note, employee contributions also would go away from Box 1, but would still be in Box 3 and 5 for FICA/payroll tax purposes). This is nicely discussed in detail here. The IRS page that discusses this in more (harder to understand) detail is here. Separately, I think a discussion of \"\"Gross Income\"\" is merited, as it has a special definition for sole proprietorships. The IRS defines it in publication 501 as: Gross income.    Gross income is all income you receive in the form of money, goods, property, and services that is not exempt from tax. If you are married and live with your spouse in a community property state, half of any income defined by state law as community income may be considered yours. For a list of community property states, see Community property states under Married Filing Separately, later. Self-employed persons.    If you are self-employed in a business that provides services (where products are not a factor), your gross income from that business is the gross receipts. If you are self-employed in a business involving manufacturing, merchandising, or mining, your gross income from that business is the total sales minus the cost of goods sold. In either case, you must add any income from investments and from incidental or outside operations or sources. So I think that regardless of 401(k) contributions, your gross income is your gross receipts (if you're a contractor, it's probably the total listed on your 1099(s)).\""}
{"_id": "178717", "title": "", "text": "You are not perfectly clear, but I will assume that your ex-girlfriend owns the car and that her name is the only one on the title. The fact that you paid off the loan and repaired the car is completely irrelevant. From a court's point of view you gifted the car to your girlfriend. If you are listed on the title, then your best move is to steal the car and hide it so she can't steal it back. Note that you are not actually stealing it if you are listed on the title since you own the car. (Try to steal it when it is parked in some public place. Avoid going onto her property.) Wait until she gets hungry, then offer her $500 if she agrees to remove her name from the title. By the way, after you steal the car, send a certified letter to her informing her that you have possession of the car. This is so that she has no grounds to report it stolen. Check with the police periodically to make sure she doesn't report it stolen anyway. If she reports it stolen AFTER you have notified her that you have possession, then it is a crime (making a false report)."}
{"_id": "178722", "title": "", "text": "\"Retail stores are certainly \"\"winning\"\" and when online shopping starts winning they will switch to that, Walmart can easily deliver anything you want in 15 minutes to 90% of the US population and so can CVS and many other stores. They don't because it's way more profitable to have you come into a store. Amazon is HUGE online, they are like a giant compared to everything else except eBay, but realistically they are about like a Walgreens, which is a big retail store, but not huge. Except that Walgreens made 2 Billion dollars last year and Amazon's retail side lost money. If online shopping ever starts killing real retail they can switch to delivery super easily.\""}
{"_id": "178730", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/commentisfree/2017/sep/04/britain-addicted-debt-crash-2007-sub-prime-mortgages-personal-credit) reduced by 93%. (I'm a bot) ***** &gt; This is, of course, what determined the depth of the last crash, the wheeze of the collateralised debt obligation, which left no one able to distinguish between a good debt and a bad one.  &gt; Alex Brazier, executive director of financial stability at the Bank of England, warned last month that consumer loans had gone up by 10% in the past year, with average household debt having already eclipsed 2008 levels.  &gt; Student loan debt is counted separately from consumer loans, and stands at &amp;pound;13bn a year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6y43cq/we_are_addicted_to_debt_and_headed_for_a_crash_it/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~204396 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **know**^#2 **year**^#3 **much**^#4 **loan**^#5\""}
{"_id": "178745", "title": "", "text": "sorry, I didn't know how to do the thing about getting around a pay wall and I also couldn't find the article from a different source.  Me being me, I tend to look at it as spreading information either way, as unperfect as my own method is."}
{"_id": "178746", "title": "", "text": "Generally speaking:   401k good. Whole life bad.  You'll come out ahead if you buy term life (which will cost like 10% of what whole life costs) and invest the other 90% that you would have paid in premium.  The only merit that whole life has is if you're estate planning and and want to leave your kids a ton of money, tax free.   If you're thinking about saving money for yourself, whole life is not a good choice."}
{"_id": "178748", "title": "", "text": "The first important thing while searching for binary signals is to check the reputation of the company before getting registered with it. Another important thing to be judged may be the method accustomed to generate the binary option trading signals. One must follow these two things for maximum profit. Visit us for more details: http://onlypro24.com"}
{"_id": "178752", "title": "", "text": "Visit at http://www.towing-delrey.com/ or Call us at: 213-328-3676 Best and high quality towing in Marina Del Rey, Towing Marina Del Rey can be the best company of your choice. We are serving the commercial and residential clients in Marina Del Rey, CA. We also offer high-quality roadside assistance services that you will ever need. With the help of our professional recovery specialists, your situation will be immediately resolved using our top line tow drivers and trucks."}
{"_id": "178786", "title": "", "text": "Dalam memulai sebuah usaha diperlukan kerja keras dan membuat suatu persiapan yang matang serat mental yang kuat, jangan asal \u2013 asalan dalam memulai sebuah usaha karena nanti yang anda alami tidak sesuai yang anda harapkan. Berikut ini kami akan bagi tips dan langkah \u2013 langkah dalam membuka usaha konter pulsa.  1. Modal yang diperlukan dalam usaha konter pulsa Modal merupakan hal utama yang dipersiapkan untuk memulai sebuah usaha agar kita bisa menetukan jumlah besaran modalnya. hal itu untuk menentukan Anda nanti mau buka konter pulsa yang seperti apa, apakah mau jualan pulsa saja atau jualan pulsa aksesoris dan HP?, Saya sarankan bagi pemula yang baru terjun usaha konter pulsa jangan berjulan HP dahulu karena memerlukan modal yang cukup banyak.  Modal awal yang di perlukan untuk membuka konter pulsa antara lain : Tempat, alat untuk berjualan, stok pulsa, alat promosi, dan biaya opresional."}
{"_id": "178823", "title": "", "text": "&gt; He seemed to be pointing out that the Fed may accidentally make things worse by looking at averages instead of drilling down into the quintiles.  I think this is exactly what he's saying, but he doesn't provide what his solution would be if he was running the Fed. He's spoken about it in some recent interviews. There's one with Bloomberg that was 60+ minutes long and he's basically under the impression that we made our bed, there's no going back now. Nothing the Fed can do at this point but let the markets do what they need to do. Tightening too fast now might cause the next recession (starting with the high yield credit market IMO). On the other hand, no tightening really ties their hands when the recession comes and they're left with either another round of QE, which may have the opposite effect of what is intended, or just sit back and watch the fire."}
{"_id": "178828", "title": "", "text": "\"&gt;For example, typically in IT management loves the idea of RAD, but what it often means is that they want to start before they understand the scope of the problem, let alone the requirements.  Let alone the most efficient &amp; effective solution.  &gt;It tends to be the big projects that end up being screwed up. Smaller stuff is easier, but it takes a lot of skills to manage the production of large and complex systems or pieces of engineering.  Spot on.  I've seen so many companies piss away countless dollars and years of \"\"work\"\" (sometimes in the *million$* and more) in \"\"big project\"\" attempt #1 ... then, again, in \"\"BIGGER better\"\" attempt #2 ... until they finally realize that there will be no \"\"silver bullet\"\", and so attempt #3 finally figures out what REALLY needed to be done and moves ahead to do it. (Of course that is in the companies that managed to survive attempts #1 &amp; #2, and didn't completely FUBAR everything in the process.)\""}
{"_id": "178859", "title": "", "text": "Success is not defined by how much money you make or how many hours you put in. It's defined by health and happiness, and it really sounds like you're a raving maniac, so I don't think we can put you down for either of those.  Or you could just be trolling."}
{"_id": "178874", "title": "", "text": "Here is a nice overview from Vanguard on some options for a small business owner to offer retirement accounts.   https://investor.vanguard.com/what-we-offer/small-business/compare-plans I would look over the chart and decide which avenue is best for you and then call around to investment companies (Vanguard, Fidelity, etc. etc.) asking for pricing information."}
{"_id": "178875", "title": "", "text": "You are correct that over a short term there is no guarantee that one index will out perform another index. Every index goes through periods of feat and famine. That uis why the advice is to diversify your investments. Every index does have some small amount of management. For the parent index (the S&P 500 in this case) there is a process to divide all 500 stocks into growth and value, pure growth and pure value. This rebalancing of the 500 stocks occurs once a year. Rebalancing The S&P Style indices are rebalanced once a year in December. The   December rebalancing helps set the broad universe and benchmark for   active managers on an annual cycle consistent with active manager   performance evaluation cycles. The rebalancing date is the third   Friday of December, which coincides with the December quarterly share   changes for the S&P Composite 1500.  Style Scores,   market-capitalization weights, growth and value midpoint averages, and   the Pure Weight Factors (PWFs), where applicable across the various   Style indices, are reset only once a year at the December rebalancing. Other changes to the U.S. Style indices are made on an as-needed   basis, following the guidelines of the parent index. Changes in   response to corporate actions and market developments can be made at   any time. Constituent changes are typically announced for the parent   index two-to-five days before they are scheduled to be implemented. Please refer to the S&P U.S. Indices Methodology document for   information on standard index maintenance for the S&P 500, the S&P   MidCap 400,the S&P SmallCap 600 and all related indices. As to which is better: 500, growth,value or growth and value? That depends on what you the investor is trying to do."}
{"_id": "178896", "title": "", "text": "Don't worry about Buffett. I have a feeling this will be like Wells Fargo in the 90s where Buffett will make 1000% his investment by the end of the next decade.  You can hate them all you want, but does anybody really think that Bank of America is going away? This is like when BP supposed caused a trillion of dollars in damage, and the market cap fell something like 140 billion. In the end, it's probably only going to cost them $20 billion. Life is already going on for the oil spill. Bank of America will get some more hate for a while. They'll get tons of lawsuits, but they'll probably settle for something like $30 billion (one year's earnings).  In two or three years, you'll have a company earning $30 billion that is current valued at $50 billion. It's been 4 years since the bubble burst in 2007. Most of the crappy loans are gone already (either defaulted/written off or if they have been paying for 4 years then they are not really crappy at all). There are 4 years worth of prime loans on the books. In 2007, people assumed the somewhat opaque book of loans (mostly subprime) is worth 100 cents on the dollar. Today, people are assuming that the somewhat opaque book of loans (mostly prime) is worth 0 cents on the dollar. Just look around Reddit and see what people are saying about the banks' financial condition, even though they never read any SEC filings or analyst reports. I think (and apparently Buffett also thinks) that the book is worth something between 0 and 100, likely in the upper end."}
{"_id": "178898", "title": "", "text": "Everyone loves the party and surprises, but children\u2019s are more affectionate about party and surprises. If you want to organize a party on your Childs birthday then party magician is the great idea, Magicians are people who create little magic and tricks for making children happy, even adults are also enjoy the magician."}
{"_id": "178917", "title": "", "text": "All the years I worked in retail I busted my ass to make sure the customer was happy.  Even if I wasn't paid well I did what I could to make the day of everyone I interacted with a little better. Doing my damnedest to keep altruism alive."}
{"_id": "178922", "title": "", "text": "Y'all have your language switched around here. An unqualified audit opinion is the best, meaning the auditor believes the financial statements are free from material misstatement. Illuminate is correct though, that firms can be reluctant to issue qualified or worse opinions. Issuing such an opinion can lead to bad client relations and, worst of all, a lost client. However, if it comes down to the line, a firm will more likely drop a client instead of issuing a qualified or worse opinion, as those open up the doors to litigation."}
{"_id": "178937", "title": "", "text": "\"The statement \"\"America has no manufacturing\"\" is always meant as hyperbole. However I keep reading of people who seem to actually believe it in a literal sense.  I remember once posting in an internet forum (probably Reddit) that if the US Dollar drops, US manufacturing will be in greater demand around the world and help exports. Someone then came along and replied \"\"But the US doesn't manufacture anything any more!\"\" in a sort of helpless arms thrown in the air way.\""}
{"_id": "178942", "title": "", "text": "If your business name is your name, you are automatically considered a sole-proprietorship and any income you generate and expenses you incur can be calculated on your personal tax return. You can use QuickTax Home & Business tax software to lead you through the steps; you don't even need an accountant. One drawback of a sole-proprietorship in your name is liability. You are personally responsible for the business because you are the business. If you get sued, you can lose everything. To limit that liability you can look into opening a corporation. If the corporation gets sued you are insulated from that; the corporation goes bankrupt, not you. A lawyer and an accountant will be required to give you solid advice on this direction."}
{"_id": "178959", "title": "", "text": "I don't agree. Over regulation acts as a natural barrier to entry so that only the richest of companies can afford to be in compliance - effectively shutting off markets from entrants and small business owners. Going to one extreme or the other is harmful. That is why I am a believer in promoting free and open markets with laws and regulations that discourage monopolies."}
{"_id": "178989", "title": "", "text": "I once had a boss who was given a lump sum to distribute to the managers, himself included. He fucked us all over to give himself a bigger bonus.  His excuse for cutting my bonus: I didn't work over Christmas. Note, I had scheduled jaw surgery over Christmas and had given them months of notice."}
{"_id": "179005", "title": "", "text": "People like you who despise socialism misunderstand the concept. It's not all or nothing, a nation can be both socialist and capitalist. A pure socialist state will likely fail, as would a purely capitalist one. If we were pure capitalist all roads would be toll roads, the police would only be for hire, anyone disabled and not wealthy would die in the street, schools are only for the wealthy, etc. But idk it sounds like that would be your preference"}
{"_id": "179011", "title": "", "text": "The American middle class came into being after WW2 ended and the govt relaxed it's economic restraints. The highest % of workers making min wage was 13.4% in 1979.  http://www.seattletimes.com/business/real-estate/after-brief-slowdown-seattle-area-rents-surge-back-up-again-when-will-it-end/  &gt;&gt;Seattle is expecting nearly 9,000 new apartments this year \u2014 thousands more than any year in the city\u2019s history \u2014 with even busier construction forecasts set for 2018 and 2019.   &gt;&gt;\u201cGiven all this new supply, we expect the rental market will soften over the next couple of years,\u201d Dupre + Scott said in its new report.  &gt;&gt;Some of the construction is already making an impact.  &gt;&gt;Neighborhoods where a lot of apartments have been built \u2014 like the greater downtown Seattle area, Ballard and Capitol Hill \u2014 all saw rents increase only about 5 percent year-over-year, well below the regional average, according to Dupre + Scott.  &gt;&gt;On the other end, the biggest rent increases were generally in outlying areas, which have seen barely any new apartment buildings even as they generate more interest from locals priced-out of Seattle and the Eastside."}
{"_id": "179015", "title": "", "text": "\"Gandhi said once, that no body is a bigger threat to you than yourself.   The point is , if communists and socialist governments were doomed to fail, which they did, USA wouldn't have to spend a dollar towards its fall.  But I understand, sometimes you buy insurance just to be safe and to \"\"aid\"\"/help the fall.\""}
{"_id": "179018", "title": "", "text": "\"There's a \"\"conflict of interest\"\" in a company suggesting to consumers when its product may not be at its intended quality? Jesus fucking Christ. This independent company you desire is often referred to as \"\"you\"\" - your nose, mouth, eyes...are you going to throw something away for no other reason than a date on a label? What the fuck is going on?!?\""}
{"_id": "179029", "title": "", "text": "Not at all surprised. For those of you who don't know, a while back Sears was bought out by Kmart, which was itself previously purchased by an eighties-style pump-and-dump group of investors.  They've done nothing but gut both brands for all they're worth."}
{"_id": "179042", "title": "", "text": "Very subjective question. some may do it in the first year, some lose money all their life. Some make a fortune and then lose it. Investing time is only a small part of it. some people can never do it just because investing is not for everyone. Just like any other business. or you can invest into t-bill and CDs, you'll be profitable from day one."}
{"_id": "179052", "title": "", "text": "\"Get everything in writing. That includes ownership %, money in, money out, who is allowed to use the place, how much they need to pay the other partners, who pays for repairs, whether to provide 'friends and family' discounts, who is allowed to sell, what happens if someone dies, how is the mortgage set up, what to do if one of you becomes delinquent, etc. etc. etc. Money and friends don't mix. And that's mostly because people have different ideas in their head about what 'fair' means. Anything you don't have in writing, if it comes up in a disagreement, could cause a friendship-ending fight. Even if you are able to agree on every term and condition under the sun, there's still a problem - what if 5 years from now, someone decides that a certain clause isn't fair? Imagine one of you needs to move into the condo because your primary residence was pulled out from under you. They crash at the condo because they have no where else to go. You try to demand payment, but they lost their job. The agreement might say \"\"you must pay the partnership if you use the condo personally, at the standard monthly rate * # of days\"\". But what is the penalty clause - is everything under penalty of eviction, and forced sale of the condo and distribution of profits? Following through on such a penalty means the friendship would be over. You would feel guilty about doing it, and also about not doing it [at the same time, your other partner loses their job, and can't make 1/3rd of the mortgage payments anymore! They need the rent or the bank will foreclose on their house!] etc etc etc Even things like maintenance - are the 3 of you going to do it yourselves? Labour distributed how? Will anyone get a management fee? What about a referral fee for a new renter? Once you've thought of all possible circumstances and rules, and drafted it in writing, go talk to a lawyer, and maybe an accountant. There will be many things you won't have considered yet, and paying a few grand today will save you money and friends in the future.\""}
{"_id": "179066", "title": "", "text": "\"Your own site/business. I\u2019m in freelancing and internet business for 15 years, 20 years IT experience. Currently i use freelance websites for cheap Asian employees, very seldom for EU/USA employees, and if only if local competition is heavily out-pricing qualified staff. Till I went \"\"limited\"\" i.e., founded a limited corporation I was jobbing as freelancer and sole proprietor, both with limited success due to the strong Asian competition i myself currently hire. The point where freelancing got \"\"not sustainable\"\" as primary income was 2006 for me, don\u2019t want to get into detail but every freelancer who was active back then knows what I mean, it was like whole India got internet. If you have absolutely no references, do it for the references a limited time and see the fee you pay as service for you to get references, then start your own web identity, either as freelancer or as corporation. Make sure you take your very satisfied customers with you. Every \"\"very satisfied\"\" customer in your contact list means 10 new customers which mean 2 new customers which mean 0.2 new customers and so on. Honestly, this info is solely based on experience of this niche fro ma European citizen perspective, if you\u2019re based anywhere else the situation might be totally different.\""}
{"_id": "179068", "title": "", "text": "Algorithmic trading at www.quantopian.com or www.quantconnect.com  great for getting exposure and building a portfolio of work. I started at 19 and got very into it (75+ hours a week)... not the best for my grades but good for my wallet. LOL.   I prefer quantopian but quantopian is python based (and has more features, nicer API, pyfolio notebooks). quantopian also has a way for you to make money (contests) and is free. quant connect has python,C++ no research notebooks, costs money to live trade.  For the lols, here's a post of mine about using Twitter posts, ML models, and Tech stocks to yield high returns:   [DANK LINK](https://www.quantopian.com/posts/psychsignal-machine-learning-models-and-tech-stocks)"}
{"_id": "179071", "title": "", "text": "&gt;That it's not as combative with city governments or drivers likely has helped its case even if not every potential investor or firm sees it that way just yet.  This is where Lyft lucked out by being #2. They've ridden the coat tails of Uber's aggressive lobbying."}
{"_id": "179073", "title": "", "text": "Foreign stocks have two extra sources of risk attached to them; exchange rate and political.  Exchange rate risk is obvious; if I buy a stock in a foreign currency and there is a currency movement that makes that investment worth less I lose money no matter what the stock does. This can be offset using exchange rate swaps. (This is ceteris paribus, of course; changes in exchange rate can give a comparative advantage to international and exporting companies that will improve the fundamentals and so increase the price of the stock relative to a local firm. The economics of the firms in particular are not explored in this answer as it would get too complicated and long if I did.) Political risk relates not only to the problems surrounding international politics such as a country deciding that foreign nationals may no longer own shares in their national industries or deciding to seize foreign nationals' assets as happens in some areas. Your home country may also decide to apply sanctions to the country in which you are invested thus making it impossible to get your money back even though the foreign country will allow you to redeem them or sell. Diplomatic relations and trade agreements tend to be difficult. There are further problems in lack of understanding of foreign countries' laws, tax code, customs etc. relating to investments and the necessity to find legal representation in a country you may never have visited if there are issues. There is also a hidden risk in that, as an individual investor, you are not likely to be reading the local financial news for that country regularly enough to spot company specific issues arising. By the time these issues get into international media its far too late as all of the local investors have sold out of their positions already. The risks are probably no different if you have the time to monitor international relations and the foreign country's news, and have FX swaps in place to counteract FX risk as the funds and investment banks do but as an individual investor the time required is not feasible."}
{"_id": "179093", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Managing Teams in the 21st Century](https://www.reddit.com/r/talkbusiness/comments/79rygg/managing_teams_in_the_21st_century/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "179103", "title": "", "text": "If you are looking for money to speculate in the capital markets, then your brokers will already lend to you at a MUCH more favorable rate than an outside party will. For instance, with $4,000 you could EASILY control $40,000 with many brokers, at a 1% interest rate. This is 10:1 leverage, much like how US banks operate... every dollar that you deposit with them, they speculate with 10x as much. Interactive Brokers will do this for you with your current credit score. They are very reputable and clear through Goldman Sachs, so although reputable is subjective in the investment banking world, you won't have to worry the federal government raiding them or anything. If you are investing in currencies than you can easily do 50:1 leverage as an American, or 100:1 as anyone else. This means with only $400 dollars you can control $40,000 account. If you are investing in the futures market, then there are many many ways to double and triple and quadruple your leverage at the lowest interests rates. Any contract you enter into is a loan from the market. You have to understand, that if you did happen to have $40,000 of your own money, then you could get $4,000,000 account size for speculating, at 1% interest. Again, these are QUICK ways to lose your money and owe a lot more! So I'd really advise against it. A margin call in the futures market can destroy you. I advise you to just think more efficiently until you come up with a way to earn that much money initially, and then speculate."}
{"_id": "179133", "title": "", "text": "Do You Consult Or Just Do The Job?\u2026..   For as long as I can remember I have always sought out information, knowledge, facts, figures.  One of my ex-bosses once said to me that I could always be relied on to find untapped resources &amp; deliver.  This was when I was in my early 20\u2032s &amp; its a skill that I feel is vital for the success of any business.  My second job, when I was 19yrs old was in an Advertising / PR company - I was the Secretary.  Part of my remit was credit control &amp; book-keeping, for some reason I was always naturally interested in sales units sold &amp; values \u2013 then see how the total sales compared to the previous month / year.  Little did I know, this was a good skill for Profit &amp; Loss sheets in years to come!"}
{"_id": "179137", "title": "", "text": "\"In scale, it can be. Which is, for example, why my current Comcast service is \"\"unlimited bandwidth\"\". Increased internet speed does very little additional strain to a server farm. This isn't a faucet you turn on and only get X amount of water out of it. We're talking about something much more technical than that. With scale, it is parabolic upwards in terms of speed offering.\""}
{"_id": "179144", "title": "", "text": "There might be a problem. Some reporting paperwork will have to be done for the IRS, obviously, but technically it will be business income zeroed out by business expense. Withholding requirements will shift to your friend, which is a mess. Talk to a licensed tax adviser (EA/CPA) about these. But the immigration may consider this arrangement as employment, which is in violation of the visa conditions. You need to talk to an immigration attorney."}
{"_id": "179169", "title": "", "text": "If there are enhancements, I don't think that most of them will be genetic. Genetics takes a whole life time to be sure you didn't screw something up, and it's pretty much unremovable. I think mods like neural interfaces will be the future."}
{"_id": "179175", "title": "", "text": "I just described its function. Tell me what they do other than what I described, and also tell me how much of drug companies' budgets are consumed in this process (preferably the unecessary parts of the process), especially compared to the rest of the drug spending and inordinate profits.  Drug companies run ads, they have sales reps (pharma girls), they have tort cases (not a symptom of regulation), they have research, they have HUGE employee and CEO salaries and bonuses, they have distribution costs. Trust me when I say that regulation isn't the driving force here."}
{"_id": "179181", "title": "", "text": "Credit scores are designed to reflect your ability to make payments on time. As long as you're not closing your old credit card account, you will only see a minimal impact on your score. See estimated credit score breakdowns below:"}
{"_id": "179187", "title": "", "text": "**&gt;in a survey of  1000 American Executive**s McQuaid found a \u201cwhopping\u201d 35 percent of Americans are happy at their job. And, 65 percent say a better boss would make them happy. Only 35 percent say a pay raise will do the same thing.  Even if it wasnt tripe, asking a bunch of people probably already in the top 5% of income, if they would rather have a new boss or an unknown amount pay raise, you might get a totally different answer than asking the rank and file. Median income america.   so from what i read, the best the title could say is 65% of well off americans would rather a better boss than a raise. WHich is perfectly understandable."}
{"_id": "179196", "title": "", "text": "\"No.  It's mainly because:  1. Immigration is allowed in large numbers, especially of white collar people, who are willing to work for less.  2. Outsourcing to foreign countries, cheap labor.  3. Any idiot can finish high school and get a bachelor degree from college, so there's no shortage of \"\"qualified\"\" people.  4. Robots and AI doing the work of many people, and will even much work, instead of people.  5. Companies have to pay and give more \"\"benefits\"\" to employees, so they are reluctant to hire and simply can't pay so much. It's more than $10,000 a year in health benefits for each employee in the USA.\""}
{"_id": "179201", "title": "", "text": "The US has been the most trusted since WWII. I'll be happy to take my chances with the US stock market over any other. Yea, there are definitely bubbles in the US economy, where else would you put your money then? Bitcoin, gold, in the euro, Chinese stock market (LOL), land in the US or German bunds? how about oil or Japanese stock market?  I'll take US land and US equity any day of the week over any of the other. Maybe some gold sprinkled in. You can invest in the Chinese stock market and the European stock exchanges"}
{"_id": "179207", "title": "", "text": "&gt;The problem isn't the kid asking for the cookie, it's when Mom gives them the cookie when they shouldn't be having cookies.  Your analogy breaks down by attempting to draw a parallel between the behaviour of a child and that of a corporation.  Corporations are managed by adults with the full range of experience and cognitive abilities at their disposal.  Children, on the other hand, are not capable of engaging in the same level of decision-making and are excused from misbehaving.  &gt;Lobbyists asking for modifications to tax &amp; legal code - fine. There's nothing wrong with asking. Sometimes the ask is a good one.  Asking and paying for are two different things in my mind.  Level the playing field for everyone.  &gt;Why do you people blame the companies or lobbyists but exonerate the legislators &amp; regulators who are ACTUALLY RESPONSIBLE FOR ALLOWING THESE THING TO HAPPEN!?  I don't recall absolving legislators from responsibility.  They're just as dirty and corrupt."}
{"_id": "179223", "title": "", "text": "Based upon what little is publicly known at this time, it doesn't look good for CAT, PWC or outside counsel. The economic substance they offered up sounds like *post hoc* reasoning. The tax court buying their current explanations would have to accept some exceptionally astute, long-range planning took place that accepted the initial costs exceeding the nascent parts revenue, as well as the risks of over-optimizing tax operations if the necessary revenue didn't materialize; and it doesn't seem they are yet offering any evidence to show that kind of foresight. It will be fascinating to follow, for sure."}
{"_id": "179245", "title": "", "text": "\"Great writing, Ellen Brown. I wish the Argentinians all the best in stinging the vulture funds and doing a successful end run on the IMF. Clearly, Argentina is not the bad guy in all this, despite some people trying to make them appear as such, by regurgitating the convenient Financialese spin.   On a different note, there is an interesting history lesson concerning the Baring Bank Economic Crisis of 1890 related to or rather caused by poor Baring Bank investments in Argentina, which were so massive that the debts had to be bank rolled by the British Government since, as is has become usual ever since, it threatened to bring down the hole (British) financial system which was then the world's debtor of last resort. \"\"Plus \u00e7a change, plus c\u2019est la m\u00eame chose\"\", etc.\""}
{"_id": "179247", "title": "", "text": "&gt;The other piece of course is that this person consistently gets raises that meet or beat inflation.   That's exactly the idea I am disputing. It's the reason the deficit is such a huge problem.  Having a budget deficit at 2,3% of GDP would make sense, if you're expecting your economy to continue growing at a high rate. That's the Keynesian argument, the idea that your debt can keep growing, because your total economic productivity is going to continue growing every year.  However, it's not something that I expect to see happening. Why is that?   If we look at US annual GDP growth, [we find that the trend is downwards.](http://ablog.typepad.com/keytrendsinglobalisation/2011/02/us-4th-quarter-2010-gdp.html) In the sixties, annual GDP growth was at 4.5 percent. In the 21st century, annual GDP growth is stuck at around 1.5 percent on a yearly basis. This is a global issue.  Part of the issue is that population growth rates are going down. US fertility rate is stuck at a record low 1.86 per woman.   More importantly however, is that the typical American has seen no increase in his household income in over more than a decade. [For the typical American, the peak was in 1999, the economy has gone downhill since then.](http://blogs.lclark.edu/hart-landsberg/2011/09/05/one-nation-divisible/) If the typical American sees his income decline, it's a very bad idea to increase government spending at the same time.  Why this large divide between the elite 1% whose income is growing, and the rest of the public? Part of the issue is that the typical American spends a far larger portion of his income on resources that are limited. Energy, food, these are products that have grown very expensive and are eating up a larger chunk of a typical American's budget.  The high wealth and income of the 1% is effectively an unsustainable illusion created by quantitative easing and other bubble-blowing policies. These people own stock, that have surged up despite a weak economy. They own expensive houses, the prices of which can be artificially pushed into the stratosphere.  This wealth of our elite is all hypothetical wealth, that evaporates when you try to tax it. If you look at US GDP to base your budget policies on, the impression of sustained economic growth is deceiving you. You end up spending far more than you will ever manage to pay back."}
{"_id": "179248", "title": "", "text": "You can afford the mortgage but would you have had enough for the down payment? I certainly didn't have $50 grand laying around when I was in my 20s (which is what you'd need to put down on a 250k house if 20 percent convention holds)"}
{"_id": "179258", "title": "", "text": "In the world of stock exchanges, the result depends on the market state of the traded stock. There are two possibilities, (a) a trade occurs or (b) no trade occurs. During the so-called auction phase, bid and ask prices may overlap, actually they usually do. During an open market, when bid and ask match, trades occur."}
{"_id": "179262", "title": "", "text": "\"This answer is based on Australian tax, which is significantly different. I only offer it in case others want to compare situations. In Australia, a popular tax reduction technique is \"\"Negative Gearing\"\". Borrow from a bank, buy an investment property. If the income frome the new property is not enough to cover interest payments (plus maintenance etc) then the excess each year is a capital loss - which you claim each year, as an offset to your income (ie. pay less tax). By the time you reach retirement, the idea is to have paid off the mortgage. You then live off the revenue stream in retirement, or sell the property for a (taxed) lump sum.\""}
{"_id": "179282", "title": "", "text": "\"In general, I'd try to keep things as simple as possible. If your plan is to have a three-fund portfolio (like Total Market, Total International, and Bond), and keep those three funds in general, then having it separated now and adding them all as you invest more is fine. (And upgrade to Admiral Shares once you hit the threshold for it.) Likewise, just putting it all into Total Market as suggested in another answer, or into something like a Target Retirement fund, is just fine too for that amount. While I'm all in favor of as low expense ratios as possible, and it's the kind of question I might have worried about myself not that long ago, look at the actual dollar amount here. You're comparing 0.04% to 0.14% on $10,000. That 0.1% difference is $10 per year. Any amount of market fluctuation, or buying on an \"\"up\"\" day or selling on a \"\"down\"\" day, is going to pretty much dwarf that amount. By the time that difference in expense ratios actually amounts to something that's worth worrying about, you should have enough to get Admiral Shares in all or at least most of your funds. In the long run, the amount you manage to invest and your asset allocation is worth much much more than a 0.1% expense ratio difference. (Now, if you're going to talk about some crazy investment with a 2% expense ratio or something, that's another story, but it's hard to go wrong at Vanguard in that respect.)\""}
{"_id": "179291", "title": "", "text": "It depends a lot on the specific country and its laws, but generally the receiver needs to be able to proof on request that Not every payment you get is taxable income; if you owned it before, that is typically easy to verify. Note that gifts (donations are gifts) are taxable income in most countries once they are above a certain limit. In practice, law and tax authorities seldom look at that if there is no other reason to check you out, or if the amounts are not several millions at least."}
{"_id": "179297", "title": "", "text": "I've just finished reading The Power of Habit, by Charles Duhigg. A great book using the scientific explanations behind how habits are formed to look at how this can impact management skills and change organisational habits. Lots of great anecdotes.  I run My Business Book Club - a website which offers book recommendations and starter discussion questions. We've got lots more suggestions here: http://mybusinessbookclub.com"}
{"_id": "179304", "title": "", "text": "I don't think these currencies need large scale adoption to exist or go up in value. Even if only 0.2% of middle and upper class people own bitcoins it can go to 100000$, simply because the marketcap and value of bitcoin is more than the $ amount invested in it because of holders and longterm supply deflation."}
{"_id": "179319", "title": "", "text": "So it is and so it has been in the past. However reforms have and will continue to happen. 2 main reasons - some of the wealthy share the values of most Americans. Also, even the most die-hard old money aristocrat knows that they have to live with the rest of us and there are more of us than there are of them. No one wants a French Revolution II - Revolutioner."}
{"_id": "179328", "title": "", "text": "This depends completely on your investing goals. Typically when saving for retirement younger investors aim for a more volatile and aggressive portfolio but diversify their portfolio with more cautious stocks/bonds as they near retirement. In other words, the volatility that owning a single stock brings may be in line with your goals if you can shoulder the risk."}
{"_id": "179346", "title": "", "text": "\"One thing to keep in mind is that Prime day takes away sales from other days (maybe the two days leading up to and two days after). It would be interesting to see sales numbers by day around Prime Day and compare them to \"\"average\"\" days and see if customers bought less.   Also, I assume the $1bn is Net Sales and not Gross Merchandise Volume.\""}
{"_id": "179359", "title": "", "text": "\"It seems that you think you are freelancing, and they think you are an employee. What's bad for you, the tax office will also think you are an employee if they withhold tax for you. Alternatively, they think you are stupid, and they keep the money, but are actually not paying it to the tax office at all, in which case you will have a bad surprise when you do your tax returns.  First, I'd ask them for proof that they are indeed paying these taxes into some account related to you. I'd then ask a tax adviser for some serious advice. If they are acting out of incompetence and not out of malice, then you should be mostly fine, but your work there will count as employment.  Heaven knows why they treat you as an employee. Check your contract with them; whether it is between you and them or your company and them. It maybe that they never hired a contractor and believe that they have to pay employment tax. They don't. If your company sends them a bill, then they need to pay that bill, 100% of it, and that's it. Taxes are fully your business and your responsibility. As \"\"quid\"\" said, if they say they are withholding tax, then at the very least there must be a paystub that proves they have actually been paying these taxes. If they withhold taxes, and there is no paystub, then this looks like a criminal attempt to cheat you.  If they have actually paid taxes properly into your account, then they are merely creating a mess that can hopefully be fixed. But it is probably complicated enough that you need a tax advisor, even if you had none before, since instead of paying to your company, they paid some money to the company, and some to you personally.\""}
{"_id": "179365", "title": "", "text": "You need to solve the money-weighted return equation.  It cannot be expressed as a formula for the interest, but it can be solved numerically as shown here. Using the OP's figures, with monthly withdrawals of $100,000. The summation for the withdrawals can be replaced with the standard annuity formula.  The resulting monthly return is converted to a nominal annual return compounded monthly. Money-weighted return equation with start and end balances s0 and s1  The interest is 2.63282 % per annum, nominal compounded monthly. Selectable equation"}
{"_id": "179398", "title": "", "text": "You mentioned that the 1099B that reports this sale is for 2014, which means that you got the proceeds in 2014. What I suspect happened was that the employer reported this on the next available paycheck, thus reporting it in the 2015 period. If this ends up being a significant difference for you, I'd argue the employer needs to correct both W2s, since you've actually received the money in 2014. However, if the difference for you is not substantial I'd leave it as is and remember that the employer will not know of your ESPP sales until at least several days later when the report from the broker arrives. If you sell on 12/31, you make it very difficult for the employer to account correctly since the report from the broker arrives in the next year."}
{"_id": "179408", "title": "", "text": "A Roth IRA is just an account wrapper.  Inside a Roth IRA you can have a plain 0.1% savings account, or a brokerage account, or an annuity or whatever.  There's no rate of return for a Roth IRA. That particular calculator seems to assume you'll be wrapping a brokerage account in a Roth IRA and investing in the stock market.  Over a long period 6% is probably a reasonable rate of return considering the S&P 500 has returned about 7% over the last decade."}
{"_id": "179420", "title": "", "text": "For double entry bookkeeping, personal or small business, GnuCash is very good. Exists for Mac Os."}
{"_id": "179459", "title": "", "text": "\"The pentagon is in the process of [providing options](http://www.reuters.com/article/us-northkorea-missiles-pentagon/pentagon-will-provide-trump-options-if-north-korea-provocations-continue-idUSKCN1C02E6) to the retard in chief, they however are facing difficulties in communicating with him under the bed.  He seems to be adamant that he cannot serve and the Military cannot draft him into serving.  The Pentagon Shrink has advised us its a form of PTSD flash backs which draft dodgers suffer when ever confronted by a man in a military uniform.  The Pentagon has decided to add \"\"Resignation\"\" as an option\""}
{"_id": "179465", "title": "", "text": "Hi we reposted because we're still recruiting, and based on new signups, it seems like a lot of people missed us the first time.  But, we don't want to overstep our bounds - this will be the last time we post our ad here."}
{"_id": "179466", "title": "", "text": "Summarized article: Electronics manufacturer Foxconn announced that an internal investigation at its factory in Yantai, China, found underage interns between ages 14 and 16. China's minimum legal working age is 16.  Foxconn has an internship program that has vocational students work for 3 to 6 months in its factories to gain industry experience. About 2.7% of the company's workforce are interns.   The company said those identified as underage have been sent back to their schools but have not said how many were found.   Foxconn's announcement came shortly after labor rights group China Labor Watch released its findings that underage interns were found at the Yantai factory.   Recently, Foxconn faced a complaint that interns were being forced to work in its factories, however, the company cited the Fair Labor Association's report in saying there was no evidence of such claims.  In August, the Fair Labor Association, hired by Apple to audit labor conditions at Foxconn, said Foxconn has made a majority of the recommended improvements but must address remaining concerns by next year.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "179485", "title": "", "text": "I'd be find with smart contracts that were a requirement with each new hire.  This would also eliminate the legal fiddling that goes on where employers screw employee right up to the amount that it would take to litigate so they just walk away."}
{"_id": "179491", "title": "", "text": "Vancouver... just off Robson. I've never seen it out the door... yet... I'm sure it happens, every time I go it's literally all the way to the door... just one or a couple people short of being out the door. Every single time I go. Food is great, I love that they don't take cash, I love sofritas. I like Chipotle!"}
{"_id": "179494", "title": "", "text": "You're never going to get really low interest for an unsecured loan (i.e. without collateral), but if your credit score is excellent, then most banks should give you a decent rate for a personal line of credit. You could inquire at several banks to compare offers. Here in Germany there are also websites that will do such a comparison for you."}
{"_id": "179497", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://techcrunch.com/2017/06/02/why-pulling-out-of-paris-accords-damages-americas-economic-future/) reduced by 90%. (I'm a bot) ***** &gt; The world is driving ahead to replace carbon energy with clean energy anyway.  &gt; New energy sources aren&amp;#039;t getting adopted just because they might stave off climate change - they&amp;#039;re getting adopted because they are becoming cheaper than carbon-based energy.  &gt; If the U.S. falls behind in advanced energy and our companies instead rely on carbon, eventually U.S. business will be operating at a higher cost than competitors around the world that rely on clean sources.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ewzm5/why_pulling_out_of_paris_accords_damages_americas/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135143 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **energy**^#1 **solar**^#2 **US**^#3 **companies**^#4 **market**^#5\""}
{"_id": "179511", "title": "", "text": "Not a whole lot of people. Google thinks that by acquiring Meebo and dozens of other companies in the social space, it is bound to eventually succeed in social. Like, maybe my melding meebo with google analytics with gchat they'll come up with something. This kind of thinking is very typical of internet companies. Instead of going strong in a single direction the company hedges its bets by going down 50 different strategy paths, because hey, coding is cheap. The problem arises when this attitude becomes ingrained in the company's culture and nobody is left to take bold steps in a single direction. Apple is different, it takes bold steps time and time again."}
{"_id": "179517", "title": "", "text": "We have skill in sympathetic your business supplies and customize monetary solutions that suit your needs. So, if you desire to develop your business, buy added raw textile or stocks, or repay other luxurious debts or operating cost, our modified business loans will help you fulfill your dreams and aspirations."}
{"_id": "179520", "title": "", "text": "Your question is unanswerable as you haven't provided enough information. I.e. If those shares cost $1000 and you have $50000 ( or any number above $1000) of cash available in the account then you can't possibly free ride. I think your understanding of the free ride rule is incorrect. Basically what this rule is stating is that you have to have the cash when the trade is placed in order to settle the trade. Otherwise you are taking on margin (which you can't do in a cash account). So at order entry you have to have the cash to cover the purchase so it's able to be settled. If you do, no problem and you can sell that stock before trade settlement. There is no law that says you have to hold it past trade settlement. However, you cannot spend the same dollar more than once before it settles.  This site does a good job explaining this more throughly with examples: http://www.invest-faq.com/articles/trade-day-free-ride.html"}
{"_id": "179527", "title": "", "text": "If S&P crashes, these currencies will appreciate. Note that the above is speculation, not fact. There is definitely no guarantee that, say, the CHF/CAD currency pair is inversely linked to the performance of the US stock market when measured in USD, let alone to the performance of the US stock market as measured in CAD. How can a Canadian get exposure to a safe haven currency like CHF and JPY? I don't want a U.S. dollar denominated ETF. Three simple options come to mind, if you still want to pursue that: Have money in your bank account. Go to your bank, tell them that you want to buy some Swiss francs or Japanese yen. Walk out with a physical wad of cash. Put said wad of cash somewhere safe until needed. It is possible that the bank will tell you to come back later as they might not have the physical cash available at the branch office, but this isn't anything really unusual; it is often highly recommended for people who travel abroad to have some local cash on hand. Contact your bank and tell them that you want to open an account denominated in the foreign currency of your choice. They might ask some questions about why, there might be additional fees associated with it, and you'll probably have to pay an exchange fee when transferring money between it and your local-currency-denominated accounts, but lots of banks offer this service as a service for those of their customers that have lots of foreign currency transactions. If yours doesn't, then shop around. Shop around for money market funds that focus heavily or exclusively on the currency area you are interested in. Look for funds that have a native currency value appreciation as close as possible to 0%. Any value change that you see will then be tied directly to the exchange rate development of the relevant currency pair (for example, CHF/CAD). #1 and #3 are accessible to virtually anyone, no large sums of money needed (in principle). Fees involved in #2 may or may not make it a practical option for someone handling small amounts of money, but I can see no reason why it shouldn't be a possibility again in principle."}
{"_id": "179532", "title": "", "text": "\"True. My thinking is, the higher the rates are, the less people you'll have borrowing, the less chance of people defaulting, more people buying with flat cash, and of course cheaper housing prices.  Whereas with low interest rates, you'll have more people borrowing (thus, increasing the likelihood of more people defaulting), more people \"\"buying\"\" homes (technically not buying, technically just \"\"borrowing\"\" money and putting down mortgages), and more expensive housing prices.  Quite frankly, I think the way that the western world can solve its issue with unaffordable housing is by raising the interest rates to at least the double digits, like they once were (when housing was still cheap).\""}
{"_id": "179536", "title": "", "text": "There is no gift or inheritance tax in Canada, so you will pay zero."}
{"_id": "179538", "title": "", "text": "A January 2000 study from McGill University in Montreal ranked Milwaukee 6th in a list of U.S. and Canadian cities with the highest number of college students per 100 residents. A list of college within 1 hour from Milwaukee: university of Milwaukee, university of Wisconsin, Marquette university, Northwestern University, Alverno College, Cardinal Stritch University, Medical College of Wisconsin, Milwaukee Area Technical College, Milwaukee Institute of Art and Design, Milwaukee School of Engineering, Mount Mary College, Wisconsin Lutheran College, Concordia University Wisconsin, Lakeland College, University Wisconsin Whitewater, Northern Illinois University."}
{"_id": "179556", "title": "", "text": "\"I'll answer your second question: it depends what your charity is for. There are two types: i) Emergency (i.e. to respond to environmental or social disasters where it acts a bit like an insurance policy); ii) Development (i.e. where the intention is to subsidise something missing in the local economy); A lack of insurance is certainly a problem for people who lose their homes and livelihoods to disaster.  Your donations can go far. As for development aid: \"\"We find little evidence of a robust positive correlation between aid and growth,\"\" write two ex-IMF economists, Raghuram Rajan, who stepped down as IMF chief economist at the end of 2006, and Arvind Subramanian, who left the IMF this year. \"\"One of the most enduring and important questions in economics is whether foreign aid helps countries grow ... There is a moral imperative to this question: it is a travesty for so many countries to remain poor if a relatively small transfer of resources from rich countries could set them on the path to growth ... But if there is no clear evidence that aid boosts growth, then handing out more money makes little sense,\"\" they conclude. I do somewhat further in declaring that charity is equivalent to trade dumping.  By artificially lowering the real cost of a particular good it ensures that there will be no local investment in that good.  Free clothes to Africa has destroyed the local textiles industry.  Free doctors has resulted in more African doctors in New York than in the whole of Africa. So decide where your charity is going: emergencies or development?  Then decide what you can afford.  But your first investment should always be in yourself.  If by making use of that investment you can benefit the economy and keep others around you employed and productive you will achieve far more.\""}
{"_id": "179558", "title": "", "text": "\"Curious if anyone has any insight here, but isn't it too soon to tell if this will lead to inflation, and purely speculative that we could \"\"do the same\"\", given that we are in a very different set of circumstances?\""}
{"_id": "179563", "title": "", "text": "Yeah basically an ad consulting firm. The thing is they bring all their networks in, so we are very close to revenue. We have planned 20k for this year, starting in late October. Not needing sales for the first year is huge."}
{"_id": "179564", "title": "", "text": "Yes, stock price is determined by the last trade price. There are always going to be people who have put in a price to buy a stock (called a bid price) and people who have put in a price to sell a stock (called an ask price). Based on your example, if the last trade price for the stock was $1.23, then you might have the following bid prices and ask prices: So if you put in a limit order to buy 100 shares at $100, you would buy the 40 shares at $1.23, the 15 shares at $1.24, and the 45 shares $1.25.  The price of the stock would go up to $1.25. Conversely, if you put in a limit order to sell 100 shares at $0.01 (I don't think any broker would allow a sell price of $0.00), you would sell 30 shares at $1.22, 20 shares at $1.21, and 50 shares at $1.20.  The price of the stock would go down to $1.20."}
{"_id": "179600", "title": "", "text": "AAAA Quality Garage Door Co. offers high quality garage door repair services at affordable prices. Our experienced technicians are fully equipped and capable of repairing any brand garage door or opener, whether residential or commercial. Whether you're looking for a full fledged garage door repair service, or just want a tune up on your residential garage, our expert professionals are just a phone call away!"}
{"_id": "179606", "title": "", "text": "If you really want to use the money roll it over to the new companies 401k and then take a 401k loan out for whatever the expense is.  (Assuming the retirement plan allows them.) Generally 401k loans are frowned upon for all sorts of reasons however if the alternative is to just flat out withdraw the money it is a slightly better solution."}
{"_id": "179615", "title": "", "text": "You're knowingly providing a payment method which has insufficient funds to meet the terms of the contract, because you are too lazy to comply with the contract. That's unethical and fraudulent behavior. Will you get in trouble? I don't know. I'd suggest getting acquainted with an electronic calendar that can remind you to do things."}
{"_id": "179631", "title": "", "text": "If the business owner doesn't want you to pay him directly, the only reason I can think of is breaking a law. It can be because the business doesn't legally exists, or because the barber wants to evade taxes, or because he doesn't pay his child support or doesn't want his income to be apparent to his debtors in a bankruptcy proceedings. Either way, stinks."}
{"_id": "179636", "title": "", "text": "\"I was paraphrasing the latter from memory it's actually [\"\"Jesus Christ Lawn Service &amp; Landscaping\"\"](http://i.imgur.com/GmVZh.jpg), my bad. I saw the \"\"His Lord Pest Removal\"\" on the side of a pickup truck, didn't get a photo, unfortunately. Google tells me the business exists, it's actually \"\"His Pest Removal\"\" and the religious part was implied in their logo, it's been a few years but I think it was some variation on a crucifix.    Plenty of others like that around here, exploiting faith shamelessly for personal profit.\""}
{"_id": "179640", "title": "", "text": "\"Excellent questions!  Asking such questions indicates something special about yourself.  The desire to learn and adjust your beliefs will increase your chance of success in your life.  I would use a wide variety of authors to increase your education.  Myself I prefer Dave Ramsey to Clark Howard, but I think Clark is very good. The first thing you should focus on is learning how to do and live by a budget.  Often times, adults will assume that you are on a budget because you are broke.  It happens with my friends and my youngest child is older than you.  Nothing could be further from the truth.  A budget is simply a plan on how you will spend your income so you don't run out of money before you run out of month. Along with budgeting I would also focus on goal setting.  This is the type of \"\"investing\"\" you should be doing at your age.  For example if your primary goal was to become an engineer, my recommendation is to hold off buying stocks/mutual funds and using your current income to get through school with little or no student loans.   Another example might be to open your own HVAC business.  Your best bet might be to learn the trade, working for someone else, and take night classes for business management. Most 18 year olds have very little earning power.  Your focus at this point should be increasing your income and learning how to manage the income you have.   Please keep in mind that most debt is bad.  It robs you of your income which is your greatest wealth building tool.  Car loans and credit card debt is just plain stupid.  Often times a business case can be made for reasonable student loans.  However, why not challenge yourself to take none.  How much further ahead could you be if you graduate, with a degree, when your peers are strapped with a 40K loan? Keep up the good work and keep asking questions.\""}
{"_id": "179649", "title": "", "text": "If you want to monitor how well you did in choosing your investments you will want to use stock prices that account for the dividends and splits and other changes (not just the closing price).  The adjusted close will include these changes where the straight close will not include them.  Using the adjusted close you will get your true percentage change.  For example I have a stock called PETS that paid an $0.18 dividend in July 2015. The adjusted closes before that day in July are all $0.18 lower per share.  Say the closing price had been unchanged at $20.00.  The close prices would say I made no profit, but the adjusted closing price would say I made $0.18 per share on this investment because the adjusted close would read $19.82 in June 2015 but would read $20.00 in August 2015 (just like the closing price).  The adjusted close allows me to know my true profit per share."}
{"_id": "179653", "title": "", "text": "\"You're a libertarian, aren't you. But I keep hearing this \"\"get out the way\"\" govt. a lot from Libertarians without really qualifying what it means.   Govt. already is quite out of the way. All it is doing is setting new rules when needed. Like in this case, HFT's are operating willy nilly and the govt. is now trying to say - Hang on a min, we need to ensure fairness. And reviewing HFT's. It never prevented HFT's from starting up and operating. Only if it is a problem it is stepping in. Govt. supports free market but diff is it wants a refereed and regulated free market. Not unregulated or self-regulated.  Re. the consumer electronics, last I checked FCC stickers are on most of them. Govt is sanctioning the devices so it doesn't contain radiation that'll kill us etc. (just kidding but you get the idea). Not sure who/what the u/w labs does.\""}
{"_id": "179657", "title": "", "text": "Would my high-risk investment choices, aside from the main question, have any bearing on the road I want to go down and test (managing mutual/hedge funds)? Absolutely!  First of all, understand that hedge fund managers are managing other people's money.  Those people desire a certain risk profile and expected return, so your hedge fund will need to meet those expectations.  Plus, hedge fund managers don't typically get fixed fees alone - they also get a percentage of any gains the fund makes; so managers have a vested interest in making sure that hedge funds perform well."}
{"_id": "179659", "title": "", "text": "You are right sir. We both make good points and it just goes to show you how the MBA is NOT as prestigious anymore. I still think it should be. I'm getting paid worse than some BA's I know for Christ sake."}
{"_id": "179664", "title": "", "text": "Private Equity is simply some type of an investment company, which is owned in a way not accessible to the public. ie: Warren Buffet runs Berkshire Hatheway, which is an investment company which itself is traded on the New York Stock Exchange. This means that anyone can buy shares in the company, and own a small fraction of it. If Warren Buffet owned all the shares of Berkshire Hatheway, it would be a Private Equity company. Note that 'Equity' refers to the ownership of the company itself; a private investment company may simply buy Bonds (which are a form of Debt), in which case, they would not be technically considered a 'Private Equity' company. A Hedge Fund is a very broad term which I don't believe has significant meaning. Technically, it means something along the lines of an investment fund (either public or private) which attempts to hedge the risks of its portfolio, by carefully considering what type of investments it purchased. This refers back to the meaning of 'hedge', ie: 'hedging your bets'. In my opinion, 'Hedge Fund' is not meaningfully different from 'investment fund' or other similar terms. It is just the most popular way to refer to this type of industry at the present time.  You can see the trend of using the term 'investment fund' vs 'hedge fund' using this link: https://trends.google.com/trends/explore?date=all&q=hedge%20fund,investment%20fund Note that the high-point of the use of 'hedge fund' occurred on October 2008, right at the peak of the global financial crisis. The term evokes a certain image of 'high finance' / 'wall-street types' that may exploit various situations (such as tax legislation, or 'secret information') for their own gain. Without a clear definition, however, it is a term without much meaning. If you do a similar comparison between 'hedge fund' and 'private equity', you can see that the two correlate very closely; I believe the term 'private equity' is similarly misused to generally refer to 'investment bankers'. However in that case, 'private equity' has a more clear definition on its own merits."}
{"_id": "179666", "title": "", "text": "\"What have the followers of \"\"serious\"\" economists brought us? Within 40 years of the end of a good standard, central banks that apply Keynesian and monetarist economic policies have created a debt bubble thatcwill collapse the global economy in the next few years.   You can sound very intelligent by denoiuncing ideas that challenge the status quo, not do much when it is clear that the status is about to fall off of a cliff\""}
{"_id": "179668", "title": "", "text": "Apocalyptic like MAD MAX, huh? Well, no one so far has mentioned Gasoline, not paper gasoline futures but the real thing in barrels or tankers. Guns, ammo, sure... but if everyone on the ground is shooting each other I'd prefer an ultralight helicopter.  You all have watched MAD MAX, right? On a more serious note, there is a country in the South Pacific that never saw fighting in world war 2 due to its remoteness, but is large and developed enough to be agriculturally pretty much self sufficient, and with a  low population has plenty of space.  Might be good to squirrel away something down there..."}
{"_id": "179679", "title": "", "text": "\"Some very general advice. Lifestyle borrowing is almost always a bad idea. You should limit your borrowing to where it is an investment decision or where it is necessary and avoid it when it is a lifestyle choice. For example, many people need to borrow to have a car/house/education or go without. Also, if you are unemployed for a long period of time and can't find work, charging up the credit cards seems very reasonable.  However, for things like entertainment, travel, and other nice-to-haves can easily become a road to crushing debt. If you don't have the cash for these types of things, my suggestion is to put off the purchase until you do. Note: I am not including credit cards that you pay off in full at the end of the month or credit used as a convenience as \"\"borrowing\"\"\""}
{"_id": "179686", "title": "", "text": "The behaviour described in this article was fraud and deception to work around regulations that would have kept the bubble from overinflating. If the housing bubble had stopped when they ran out of genuine loan prospects it would have been a lot less worse when it popped."}
{"_id": "179689", "title": "", "text": "\"This is regular income to you (unless you meet some very narrow health-related field exceptions.) There's no \"\"claiming of income\"\" by you, it should be included on your W-2 as regular income where it will be subject to employment and income tax. Think of it like a bonus. It will bump up your income and make it look like you earn more money (because you did). There's no special tax break for you or your employer for paying off your pre-existing student loans. Talk to your student loan servicer to find out how the extra money will affect your income-based repayment plan next year. They should be able to tell you, or at least estimate for you, how it will change your future payments. Armed with that knowledge you can then decide whether or not to take the money from your employer. Naively, it would seem dumb to turn down free money, but there are some weird incentives out there.\""}
{"_id": "179702", "title": "", "text": "\"An emergency fund is very well defined, both on this site and across the web.  An emergency fund is a cash account where you keep money for emergencies so you don't need to take on debt like a loan or credit cards. Car breaks down? emergency fund can help pay that. Lose your job? The emergency fund is there to pay rent and for groceries until you're back up an running. There are several schools of thought on how much money should be in your emergency fund, but it boils down to how high your risk assessment is. Typically, the average is to have 3 months in cash available at all times (like in a savings account). It'd be better to have more, but that's a typical goal. You're also asking about investments in the comments. An emergency fund should be readily available. If you already have $10K in savings, set aside what you would need to cover a few months of bills into a cash-ready savings account, then invest the rest. Investments sometimes take time, or have penalties, if you withdraw them. Additionally, as @JoeTaxpayer so correctly pointed out, getting into the habit of maintaining a separate emergency fund helps protect your other investments from becoming a crutch and instead used to save up for larger things like a house or, especially, retirement.  See also: What expenses should be covered by an emergency fund What should I reserve \"\"emergency savings\"\" for? What expenses do most people not prepare for that turn into \"\"emergencies\"\" but are not covered by an Emergency Fund? Less than a year at my first job out of college, what do I save for first?\""}
{"_id": "179714", "title": "", "text": "You'll want to get a business, I forget their name right now, to come and weigh each bottle before a night of decent business. A weekend day, I would imagine. They weigh every bottle in your bar inventory and then reconcile the wastage based on drink sales done between your data points."}
{"_id": "179716", "title": "", "text": "So a company can exploit cheap labour overseas, but their cash cannot help pension funds of people from abroad?  Multinational Corporations have no national identity. Their profits shouldn't be regarded as being gotten in just one country. If Apple's offshore money gives a guy in Bangladesh a better pension, they can buy a nice Japanese scooter, which in turn allows a Japanese girl to buy an iPod.  I'm an idealist, yes.  I wish people would stop dividing this world up with fictitious borders and stop with the whole 'us vs them' thing."}
{"_id": "179726", "title": "", "text": "&gt; Are occasional use grid-scale natural gas plants economically viable compared to distributed gas generators?  Yes, a good question. I'm sure that ecologically a grid-scale natural gas plant is better than distributed as it will have higher efficiency and better maintenance. But I can see that the overhead of the grid (needs to be maintained too) may be too big economically and people may decide to drop of the grid entirely.  Where I live natural gas is not that widespread outside the cities, so this is probably not viable to most people. On the other hand we already today get 15% of your electricity from hydro storage, so on a national level, we are not too far from the presumed 20%. However, currently the pumped hydro storage plants have economic problems, because solar is eating their traditional high-price peak around lunch time."}
{"_id": "179733", "title": "", "text": "I have answered your question in detail here https://stackoverflow.com/questions/12396422/apr-calculation-formula The annuity formula in FDIC document is at first finding PVIFAD present value annuity due factor and multiplying it with annuity payment and then dividing it by an interest factor of (1+i) to reduce the annuity to an ordinary annuity with end of period payments They could have simply used PVIFA and multiplying it with annuity payment to find the present value of an ordinary annuity In any case, you should not follow the directions in FDIC document to find interest rate at which the present value of annuity equals the loan amount. The method they are employing is commonly used by Finance Professors to teach their students how to find internal rate of return. The method is prone to lengthy trial and error attempts without having any way of knowing what rate to use as an initial guess to kick off the interest rate calculations So this is what I would suggest if you are not short on time and would like to get yourself familiar with numerical methods or iterative techniques to find internal rate of return There are way too many methods at disposal when it comes to finding interest rates some of which include All of the above methods use a seed value as a guess rate to start the iterative calculations and if results from successive calculations tend to converge within a certain absolute Error bound, we assume that one of the rates have been found as there may be as many rates as the order of the polynomial in this case 36 There are however some other methods that help find all rates by making use of Eigenvalues, but for this you would need a lengthy discourse of Linear Algebra One of the methods that I have come across which was published in the US in 1969 (the year I was born :) ) is called the Jenkins Traub method named after the two individuals who worked jointly on finding a solution to all roots of a polynomial discarding any previous work on the same subject I been trying to go over the Jenkins Traub algorithm but am having difficulty understanding the complex nature of the calculations required to find all roots of the polynomial In summary you would be better of reading up on this site about the Newton Raphson method to find IRR"}
{"_id": "179734", "title": "", "text": "This is a really poorly written article, and since I wasn't familiar with cnsnews.com and their crack shot journalism I looked up some more bits.  Here's a [fear piece](http://cnsnews.com/blog/craig-bannister/765894-hospital-jobs-hang-balance-obamacare-decision) about how if the supreme court fails to find Obamacare unconstitutional then EVERY catholic hospital in the country will have to close its doors.  Which is clearly not going to happen and the worst kind of yellow journalism.  Nothing to see here but some fear mongering, move along."}
{"_id": "179737", "title": "", "text": "Contrary to what you might have heard, moving money between mutual funds, whether or not in the same family of funds, is a taxable event, assuming, of course, that the funds are not in tax-deferred retirement accounts. About the only thing that is not taxable is moving funds between share classes in the same mutual fund, e.g. a conversion from what Vanguard refers to as Investor Shares to Admiral Shares in the same fund. In some cases, the Admiral Shares may have a considerably different price (for example, Vanguard Health Care Fund Investor Shares (VGHCX) and Admiral Shares (VGHAX) are priced at $215.83 and $91.04 respectively and so changing from one class to the other changes the number of shares owned considerably while the net value of the investment remains unchanged."}
{"_id": "179742", "title": "", "text": "No shot. Bezos already tried to engage Apoorva and he basically told him to shove off so maybe but I assume Amazon is going to tell them to get fucked  Actually, they might have been included (or at least that percentage) but its going to be a discount because of the overall size of the deal. Anyway you cut it, IC just lost their biggest competitive advantage to a direct competitor overnight."}
{"_id": "179756", "title": "", "text": "I did find this information from the US Department of the Treasury: What are the penalties for withdrawing money early from a Time Certificate of Deposit (CD)? Federal law stipulates that all time certificates of deposit (CD) that are cashed out early are subject to a minimum penalty. If you withdraw an amount within the first six days after deposit, the penalty consists of at least seven days' simple interest. Other than that, national banks can set their own penalties; there is no maximum. Additionally, you may want to review the Account Agreement that the bank provided when you opened the account, as it explains the early withdrawal penalties. Check the paperwork to see if there is a short period at the start where the penalty is minimal. Each bank can set their own rules for the maximum penalty. Some base it on x months interest, some as a percentage of the CD, others may use a more complex formula."}
{"_id": "179768", "title": "", "text": "I don't have a smartphone, so when I was in San Francisco, I used a cab driver.  He was really friendly, took me to where I needed to go and I called him back the next day to take me to the airport.  He said that he was going to protest at the state capital against Uber with some of this fellow drivers.  He said that they didn't require any sort of driving tests or insurance, and that made them extremely unsafe and unfair.  I'm all for disruptive business models, but I'm really unsure what separates these people from traditional taxi companies other than having a cool app.  They may live and die with regulations."}
{"_id": "179769", "title": "", "text": "My $.02 is that the problem boils down to the disparity in the tax rates.  Money is taxed at a lower rate than people---in other words, money made by money (capital gains) is taxed at 15% and money made by people (income) is taxed at 35%.  Over time, money will naturally flow to wherever the tax is lowest because tax rates factor heavily into ROI.  We should equal the playing field, or even tax people at a lower rate than money.  Then there will be job creation, and more money will flow to employee's pockets as income, since it's no longer hugely advantageous to hold the money and invest it.  Consider employees to be another investment class, and lower the barriers to investing in that class.  Anyone care to opine on this?"}
{"_id": "179770", "title": "", "text": "yeah good points, those foods are disgusting if you look at them too closely.  I think some sausage is better than others.  What really gets me is not just the idea of them grinding in the lips and assholes as it were, but the chemical and other fucked-up processes they use to practically predigest food into goop."}
{"_id": "179788", "title": "", "text": "\"Came here for this, sort of. Punters were great, but after the punter era, there was a feature called \"\"warn\"\". Each user had a warning percentage.  As your warning level increased, you were increasingly rate limited. If you received a message from someone, and warned them, IIRC their warning level would rise by 10%, and you could warn at 10% up to 3 times (presuming you got at least 3 messages from that user).  Thing was, even if the target never sent you a message, you could warn a user. I guess if their profile offended you, was the use, and it would still raise your warning level by 5%.  So at that time all you needed was 20 user names and you could effectively sign any other user offline by rate limiting them to oblivion. I was going to say rate limiting them to AOHell, but that would have been confusing, because AOHell was a punter!\""}
{"_id": "179808", "title": "", "text": "Debt consolidation is basically getting all your debt into one loan. This is possibly more convenient, and lets you close the other accounts (in the case of credit cards, preventing you from incurring any more debt). Ideally, your consolidated debt will have a better interest rate, so it saves you money as well. If you're defaulting on your debt already, you're likely combining this process with some negotiation with your existing creditors."}
{"_id": "179810", "title": "", "text": "Free Market as in Laissez-faire? Because that is economic anarchism and leads to either monopolies or market shutdown.   I believe in heavy restrictions myself, force companies to play ball, follow the rules, allow small businesses a chance to grow unopposed by big businesses, a few social programs here and there to incentivize employment and working - not giving out free money - except in the case of disability - which just ends up trapping people, myself included - and of course a reasonable minimum wage, so one person doesn't require more than one job, opening up those positions for other people.   This system makes it harder to get rich, sure, but it allows those at the bottom, especially hard-workers, to be able to survive, if not thrive. They pay more Sales Tax because they spend more, and they pay more Income Tax because they earn more, the currency strengthens as a result."}
{"_id": "179818", "title": "", "text": "According to this, if your employer will not refund FICA taxes withheld in error, you need to file forms 843 and 8316 with IRS. Unfortunately, I have heard that it sometimes takes years for them to respond to those."}
{"_id": "179820", "title": "", "text": "Yes, but PayPal has limits. Depending on your annual transactions you might have a $$ limit each year unless you agree to tie to a bank account. In my case, I set up another checking account to link to, and keep a small amount there. Less than $200."}
{"_id": "179821", "title": "", "text": "I think the average pay rate is about $10 an hour through them so yeah I haven't heard of that. Remember this is daily Kos though so it may be slanted in a certain direction.   I can definitely see them not trying to pay overtime though."}
{"_id": "179822", "title": "", "text": "To be more technical the Eurozone. UK is in the EU, but it's currency is fine. I hope you're not getting downvoted for the technicality.   Greece can't print money, it makes default more likely and that's a result of the Euro. That's the core of the problem. Europe wanted a shared currency without a shared budgetary process, this was going to happen eventually."}
{"_id": "179835", "title": "", "text": "This is a logistics problem for a small percentage of employers. The economy as a whole doesn't need workers. These are companies that decided to keep their factories out in the middle of nowhere in order to keep property values down and then complain that they can't get workers.  Youngstown, Ohio has a total population of 64K people. They could move a half hour commute closer to Pittsburgh or Akron and be up to their eyeballs in workers."}
{"_id": "179839", "title": "", "text": "I believe the worst part about Surface is running Windows 8.  It's terrible.  Horrible!  And yes, most of the terrible experience for users is that everything is all different now, for little reason, just like shifting to the continual interface revamp of *every* version of Office since 2007.  Change for change's sake?  Users are saying no thanks.  I know not *all* of it is change for change's sake, and I know about the requirement for a new OS to handle a touch-based interface--I get that.  But users have too much interface-change fatigue and are getting tired of paying more and getting less, all the while having to relearn whole systems of interface design that doesn't truly add to their productivity--especially because the next interface change will occur in only 12 - 24 months.  The ribbon interface is a wonderful waste of space, just when every device now made has a much smaller vertical resolution than horizontal (widescreen formats).  So take up much more vertical space so now the user cannot see what they're working on.  Simply brilliant!  Or, they could have put the toolbars off to the side where they would be out of the way--maybe that's the next scheduled interface change?  Put a touch-based Windows 7 OS on Surface and I believe you'd see an instant jump in sales.  Part of my business is fixing/building computers for people.  Many of them have simply purchased the latest laptop/computer/whatever they could find in stores and when they attempt to *use* their nifty new speed machine, they face continual frustration with the bizarre, confusing, and seemingly disconnected double-interface with Windows 8.  The bugs have them utterly baffled, and using skype is a disaster, since they can no longer figure out how to quickly tell skype to use the in-system microphone and webcam for the 13th time this month when receiving a call (like they used to be able to do--never mind that skype continually forgets these settings, as usual).  They also have to create some pointless Microsoft account to use the software/hardware they just purchased.  Why?  People aren't interested in being a card-carrying member of the Mickey Mouse Club anymore--so why *require* it of them?  They generally need to get something productive done, and all this bullshit stands in their way.  Three separated versions of email--that aren't connected at all behind the scenes--is a recipe for confusion.  Another part of my business is industrial design, and with that, the creation of productive, comfortable interfaces.  Here's my secret--good interface design really isn't that difficult--you just need to listen to what the users want.  Bam!  Now even Microsoft can turn things around."}
{"_id": "179843", "title": "", "text": "D\u1ef1 \u00e1n chung c\u01b0 Vinhomes Gi\u1ea3ng V\u00f5 s\u1edf h\u1eefu v\u1ecb tr\u00ed \u0111\u1eafc \u0111\u1ecba kh\u00f4ng th\u1ec3 \u0111\u1eb9p h\u01a1n ngay t\u1ea1i trung t\u00e2m Qu\u1eadn Ba \u0110\u00ecnh, n\u1eb1m ngay b\u00ean c\u1ea1nh h\u1ed3 Gi\u1ea3ng V\u00f5 ngay t\u1ea1i n\u00fat giao Gi\u1ea3ng V\u00f5 v\u1edbi Ng\u1ecdc Kh\u00e1nh.  D\u1ef1 \u00e1n \u0111\u01b0\u1ee3c v\u00ed nh\u01b0 m\u1ed9t qu\u1ea7n th\u1ec3 \u0111\u00f4 th\u1ecb s\u1ea7m u\u1ea5t v\u00e0 hi\u1ec7n \u0111\u1ea1i, t\u1ea1i v\u1ecb tr\u00ed Trung t\u00e2m th\u00e0nh ph\u1ed1 \u2013 \u201cTr\u00e1i tim\u201d c\u1ee7a Th\u1ee7 \u0111\u00f4 H\u00e0 N\u1ed9i. \u0110\u00e2y c\u0169ng l\u00e0 khu v\u1ef1c n\u1eb1m trong quy ho\u1ea1ch chi\u1ebfn l\u01b0\u1ee3c v\u1ec1 kinh t\u1ebf, v\u0103n h\u00f3a, h\u00e0nh ch\u00ednh \u0111\u01b0\u1ee3c Ch\u00ednh ph\u1ee7 v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c kinh t\u1ebf l\u1edbn quan t\u00e2m \u0111\u1ea7u t\u01b0 m\u1ea1nh m\u1ebd.  \u2013 Ph\u00eda B\u1eafc gi\u00e1p ngay \u0111\u01b0\u1eddng Ng\u1ecdc Kh\u00e1nh \u2013 Ph\u00eda \u0110\u00f4ng \u2013 B\u1eafc l\u00e0 \u0111\u01b0\u1eddng Gi\u1ea3ng V\u00f5 v\u1edbi quy ho\u1ea1ch r\u1ed9ng kho\u1ea3ng 17,5m \u2013 Ph\u00eda \u0110\u00f4ng Nam ti\u1ebfp gi\u00e1p v\u1edbi h\u1ed3 Gi\u1ea3ng V\u00f5"}
{"_id": "179855", "title": "", "text": "\"While derivative pricing models are better modeling reality as academia invests more into the subject, none sufficiently do. If, for example, one assumes that stock returns are lognormal for the purposes of pricing options like Black Scholes does, the only true dependent variable becomes log-standard deviation otherwise known as \"\"volatility\"\", producing the infamous \"\"volatility smile\"\" which disappears in the cases of models with more factors accounting for other mathematical moments such as mean, skew, and kurtosis, etc.  Still, these more advanced models are flawed, and suffer the same extreme time mispricing as Black Scholes.  In other words, one can model anything however one wants, but the worse the model, the stranger the results since volatility for a given expiration should be constant across all strikes and is with better models. In the case of pricing dividends, these can be adjusted for the many complexities of taxation, but the model becomes ever more complex and extremely computationally expensive for each eventuality.  Furthermore, with more complexity in any model, the likelihood of discovering a closed form in the short run is less. For equities in a low interest rate, not high dividend yield, not low volatility, low dividend tax environment, the standard swap pricing models will not provide results much different from one where a single low tax rate on dividends is assumed. If one is pricing a swap on equity outside of the bounds above, the dividend tax rate could have more of an effect, but for computational efficiency, applying a single assumed dividend tax rate would be optimal with D*(1-x), instead of D in a formula, where D is the dividend paid and x is the tax rate. In short, a closed form model is only as good as its assumptions, so if anomalies appear between the actual prices of swaps in the market and a swap model then that model is less correct than the one with smaller anomalies of the same type.  In other words, if pricing equity swaps without a dividend tax rate factored more closely matches the actual prices than pricing with dividend taxes factored then it could be assumed that pricing without a dividend tax factored is superior.  This all depends upon the data, and there doesn't seem to be much in academia to assist with a conclusion. If equity swaps do truly provide a tax advantage and both parties to a swap transaction are aware of this fact then it seems unlikely swap sellers wouldn't demand some of the tax advantage back in the form of a higher price.  A model is no defense since volatility curves persist despite what Black Scholes says they should be.\""}
{"_id": "179865", "title": "", "text": "This is wrong.  Clear but wrong.  A different story that has the benefit of being true follows.    Money is an agreed-upon fiction.  When, say, the Romans invaded a territory they had to find a way to feed their army and pay their soldiers.  The soldiers could just steal stuff, but that was unsustainable because after awhile all economic activity would just stop.  So, the army paid the soldiers with coins that could then be used by the soldiers to purchase things from the natives.     Now, the people had no reason to accept these stamped pieces of metal (gold and silver are not inherently valuable, it's just an agreed-upon fiction).  To force acceptance, Rome imposed taxes that had to be paid in Roman coinage.  Now, the people had to accept the coins to accumulate enough to pay their taxes, the soldiers were able to spend their pay, and a more-or-less modern looking economy was born.    Coins stamped with a monetary value have always been worth more than the market price of the underlying metal, (except in extreme circumstances.)  Currency has value because it can be used to pay taxes."}
{"_id": "179878", "title": "", "text": "if I want to go to downtown paris it's faster to take then high speed train from amsterdam for me, or drive down. Is it worth it, up to you. There's a lot of culture there, history, nice touristy things, you can say you've been there... On the other hand it's also a busy and somewhat dirty city. Been there twice, once on a company staff weekend and once with friends going to an exhibition we wanted to see at the louvre, and went to see the city for a couple of days. Fun to have been there, but not in my top-5 favorite cities list. If you can work it in sure, go and see it. Do some touristy stuff if you have the time, or just tour the city a bit, maybe have a wine and dinner by the Seine river, see the louvre or the opera, whatever. Would it make a fun weekend? Sure. Would I make it the centerpiece of my holiday, probably not."}
{"_id": "179882", "title": "", "text": "In some ways I might consider her a success just by keeping Yahoo in business this long, and then getting someone else to pay actual money to buy it. I've never heard of anyone using it in a long, long time."}
{"_id": "179886", "title": "", "text": "Cat has always had plants in IL. HQ is in Peoria (grew up there, several members of my family work for them), and plants all over the place. Canada probably had other things going against it at the time they pulled out. Depending on the timing, it's quite likely that the exchange rate had shifted such that, even without a raise, the workers were effectively costing the company considerably more.  Articles like that seem to leave out all sorts of details. For instance, I only saw one point where salary was increased and it wasn't anywhere near a 60% increase - more like 15% which isn't entirely unheard of. There's also what looks like a one time cash payment - bonus for a good year. 3-4x salary isn't unheard of in executive bonus land. It's also highly variable and not guaranteed year to year. The rest would be in stocks and options. The trick there is that the amounts of those were probably determined when he signed his contract. The reason it makes for a big raise is because the stock price has gone up (though it's down nearly 20% over the last month - May kinda sucked for the stock market).  You also need to look at whether the profits are higher because of higher volume (and possibly more workers), better margins, better deployment of capital, etc. And when there's talk about asking worker to pay more for their health care, is it more as a raw dollar amount, or more as a percentage of the health care costs. As to whacking defined benefit pensions -- personally, I'd rather have a 401k. The problem with defined benefit pensions is that you're tied to that company for life. Put in your 40 years and then retire with 80% pay or whatever it is. Leave after 4 or 5 and you've pretty much got nothing - with a 401k, leave after 4 or 5 and you have what you've put away + what the company matched."}
{"_id": "179891", "title": "", "text": "Full payment is always better than auto-loan if you are prudent with finances. I.E if you take a loan, you are factoring the EMI hence your savings will remain as is. However if you manage well, you can buy the car with cash and at the same time put aside the notional EMI as savings and investments. The other factor to consider is what return your cash is giving. If this more than auto-loan interest rate post taxes, you should opt for loan. For example if auto-loan is 10% and you are getting a return of 15% after taxes on investment then loan is better. Company Car lease depends on terms. More often you get break on taxes on the EMI component. But you have to buy at the end of lease period and re-register the car in your name, so there is additional cost. Some companies give lease at very favourable rates. Plus if you leave the job lease has to be broken and it becomes more expensive."}
{"_id": "179893", "title": "", "text": "For Canada No distinction is made in the regulation between \u201cnaked\u201d or \u201ccovered\u201d short sales. However, the practice of \u201cnaked\u201d short selling, while not specifically enumerated or proscribed as such, may violate other provisions of securities legislation or self-regulatory organization rules where the transaction fails to settle. Specifically, section 126.1 of the Securities Act prohibits activities that result or contribute \u201cto a misleading appearance of trading activity in, or an artificial price for, a security or derivative of a security\u201d or that perpetrate a fraud on any person or company. Part 3 of National Instrument 23-101 Trading Rules contains similar prohibitions against manipulation and fraud, although a person or company that complies with similar requirements established by a recognized exchange, quotation and trade reporting system or regulation services provider is exempt from their application. Under section 127(1) of the Securities Act, the OSC also has a \u201cpublic interest jurisdiction\u201d to make a wide range of orders that, in its opinion, are in the public interest in light of the purposes of the Securities Act (notwithstanding that the subject activity is not specifically proscribed by legislation). The TSX Rule Book also imposes certain obligations on its \u201cparticipating organizations\u201d in connection with trades that fail to settle (see, for example, Rule 5-301 Buy-Ins).  In other words, shares must be located by the broker before they can be sold short. A share may not be locatable because there are none available in the broker's inventory, that it cannot lend more than what it has on the books for trade.  A share may not be available because the interest rate that brokers are charging to borrow the share is considered too high by that broker, usually if it doesn't pass on borrowing costs to the customer.  There could be other reasons as well. If one broker doesn't have inventory, another might.  I recommend checking in on IB's list.  If they can't get it, my guess would be that no one can since IB passes on the cost to finance short sales."}
{"_id": "179907", "title": "", "text": "I don't like Trump but you're not wrong. There is too much circlejerking and schadenfreude against Trump in reddit by taking pot shots at every opportunity. Reddit doesn't seem to realise that ridiculing Trump doesn't do anything because he is immune to It. We've already been ridiculing Trump even before the elections on how sexist and stupid he is and yet he won!      Edit: grammar"}
{"_id": "179912", "title": "", "text": "Okay, but the point is that the models are the calendar-meant for long terms. They're not designed to capture short term trends. You're pointing to a calendar and telling us it's wrong because it won't tell you if it's 1:30 or 4pm."}
{"_id": "179919", "title": "", "text": "For a cheaper hedge , you can try a call spread. e.g if you shorted a stock at 40 but are worried that it can get bought out for 60. then buy a 50-60 bull call spread with appropriate number of contracts or even 50-55. this is better than just buying a 50 call as it will be expensive. Also the other option is not to short but buy a debit bear put spread 40-30 near the money and then buy an out of money call spread ( 55-60)."}
{"_id": "179923", "title": "", "text": "I'm from Westchester. Multiple chipotle in multiple cities in westchester ALWAYS had lines out the door. From MV to Ryebrook to White Plains. Lunch and from 430-630 still have people waiting out the door.   I've seen NYC chipotles with lines out the door. I went their all the time as a teen. It's what you get when you're just fucking around in Manhattan and don't want street food or restaurants.   What part of the city are you from because chipotles test kitchen (where the have queso) in the city is always packed as well."}
{"_id": "179931", "title": "", "text": "I have to disagree. Millenials still have time for it to get better. We Gen Xers are losing our highest earning years of our lives while the Millenials are losing the lowest. Most people spend their 20s figuring out their lives and their 30s and 40s building their family and retirement. The Millenials simply have less to lose and have suffered far less of an impact."}
{"_id": "179943", "title": "", "text": "His statement is false, for two reasons.  First, you don't want to compare month-to-month numbers.  The seasonality overwhelms and substantive changes.  It's like saying a retailer is growing strongly because December sales are much higher than November.  You need to compare with the previous December.  Second, 2017 is Obama's budget.  Trump didn't set taxes or expenditures."}
{"_id": "179957", "title": "", "text": "His honesty is very  particular. I don't believe his intentions at all. He's playing a likeability game. He says shit like this while pushing for lower taxes on the richest 1%. Basically he is a hypocrite trying to pretend to care so that he will get the karma."}
{"_id": "179960", "title": "", "text": "\"Right now you are standing at a fork in the road.  If I could tell my younger self who blasted past that fork without noticing it what to do, I would say:  Research \"\"Financial Independence\"\" and \"\"Early Retirement\"\" and \"\"frugal living\"\".  If you do it right you can be financially independent in 5-15 years depending on your comfort level with frugal living. Many people celebrate graduation by financing a new car.  It's like a quadruple whammy.  New car brings sticker shock.  Financing is paying to use someone else's money.  Buying a car period is buying into the commuter lifestyle.  And the cash flow could have gone to reducing debt or building savings.  One blog I read advises that this step adds ten years to the time you have to work before you become financially independent.\""}
{"_id": "179962", "title": "", "text": "\"An US person could be liable for corruption charges in the US for paying a bribe in a foreign country, because of [FCPA](http://en.wikipedia.org/wiki/Foreign_Corrupt_Practices_Act).  Quoting: \"\"The anti-bribery provisions of the FCPA make it unlawful for a U.S. person [...] to make a payment to a foreign official for the purpose of obtaining or retaining business for or with, or directing business to, any person.\"\"\""}
{"_id": "179986", "title": "", "text": "may result in more taxes when Fund shares are held in a taxable   account. When the fund manager decides to sell shares of a stock, and those shares have grown in value, that growth is a capital gain. If that fund is part of a taxable account then the investors in the fund will have to declare that income/gain on their tax forms. That could require the investors to have to pay taxes on those gains.  Of course if the investors are holding the fund shares in a IRA or 401K then there are no taxes due in the near term. A higher portfolio turnover rate may indicate higher transaction   costs...  ...These costs, which are not reflected in annual fund operating   expenses or in the previous expense examples, reduce the Fund\u2019s   performance. The annual fund operating expenses are the expenses that they can assume will happen every year. They include salaries, the cost of producing statements, paperwork required by the government, research... It doesn't include transaction costs. Which they can't estimate what they will be in advance. If the fund invests in a particular segment of the market, and there is a disruption in that segment, they may need to make many new investments. If on the other hand last year they made great choices the turnover may be small this year. During the most recent fiscal year, the Fund\u2019s portfolio turnover rate   was 3% of the average value of its portfolio. That may be your best indicator."}
{"_id": "179990", "title": "", "text": "earning it usually has nothing to do with it. Some requirements are near impossible to meet.   Everyone likes to complain about immigration yet most people have never actually looked at what it actually takes, and how much it costs. This doesn't even factor in the time and bureaucracy."}
{"_id": "179999", "title": "", "text": "It sounds like the job will largely be an administrative assistant (scheduling, note taking, organizing, etc.).    If you want a primer on finance to try and show you want to understand more about what he does, then there's 4 fundamental ideas that underlie the majority of topics in finance:  time value of money, liquidity preference, risk, and leverage.  If someone has read and understands the investopedia intro paragraph on those topics; it's pretty easy to explain the gist of most aspects of finance to them."}
{"_id": "180003", "title": "", "text": "No. As long as you live in the house for 3 years, it's yours to keep. Financing has nothing to do with that."}
{"_id": "180006", "title": "", "text": "Basic arbitrage is the (near-)simultaneous purchasing and selling of things that are convertible.   The classic example is the international trading of equities. If someone in London wants to purchase a hundred shares of Shell for 40 GBP ea. and someone in New York wants to sell you a hundred shares of Shell for 61 USD ea., you can buy the shares from the guy in New York, sell them to the guy in London and convert your GBP back in to USD for a profit of $41.60 minus fees.  Now, if after you buy the shares in New York, the price in London goes down, you'll be left holding 100 shares of Shell that you don't want. So instead you should borrow 100 shares in London and sell them at the exact same time that you buy the shares in New York, thus keeping your net position at 0. In fact, you should also borrow 4000GBP and convert them to USD at the same time, so that exchange rate changes don't get you."}
{"_id": "180065", "title": "", "text": "When people are crowing about their achievements, they often take liberties with those achievements. Vitalik's interpretation -- net worth, is probably what you would naturally come to mind. But when someone is bragging, that could mean anything -- $1M of total revenue."}
{"_id": "180071", "title": "", "text": "\"There are two options (according to Wells Fargo). You can either apply for a Business/Commercial Equity Loan or a Line of Credit. A loan is what it sounds like - they give you a lump sum of money for you to use and you have to pay it in monthly installments. A line of credit is like a credit card, you have money that you can borrow (up to a certain amount) and you have to make monthly payments. The process can differ for different business, they probably look at what your real estate is worth, how much money you are generating from it, etc. I am not recommending or endorsing Wells Fargo, other major banks offer the same types of products, Wells Fargo just happened to appear first when I searched for \"\"business line of credit\"\".\""}
{"_id": "180073", "title": "", "text": "It is not right to force people to buy any product or service. Period. Do you see how wrong this is? I'd wager that you and I both agree that getting health insurance is a responsible thing to do. Ok, good. But I do not agree that anyone should be forced to buy anything. This is tyranny.  Regardless of what is responsible or not, the government, or anyone else for that matter, has no right to force you to buy anything just for the simple fact that you breathe air. Obama signed into law a tax on all living people with the signing of Obamacare. So, because you're alive you are slapped with a tax until the day you die. It's a complete disgrace. This mandate is just one of the terrible things about Obamacare. Imagine what we could be forced to buy next? The federal government forcing us to go to college? Or perhaps the federal government forcing all employers to employ no less than 20 people? Or maybe they want everyone to buy cable. Mandating that anyone buy anything is not right in the least. And there is much more wrong with Obamacare than just the mandate and these other points I made.  Forcing insurance companies to cover pre-existing (PE) conditions without being able to charge more is another blow to our liberty and freedom. When the government mandates that insurance companies must cover pre-existing conditions and must do so without charging more, you leave the door open for consumers to abuse this system. Obama effectively gave people the option to get insurance AFTER they get sick without consequence of higher prices. That is, by definition, not insurance. And then, when that person is no longer sick they can hop off their plan. Do you understand the economic effect of this? This is the reason why insurance premiums are skyrocketing. When someone hops on with a PE condition and then hops off during open enrollment, that person is paying $100 for $1,000 worth of medical care. My numbers of fictitious, but the concept remains the same. Imagine if you had a business where customers paid a monthly fee of $50 so that at any time they may withdraw $1,200 when they needed it. Well, the federal government decides to pass a law that says you cannot deny people that don't have a monthly subscription and need immediate financing. And now people can come in and give you $100 and in return you give them $1,000. Your business would be an epic fail except you did two things to combat this new law. 1) You raised your customers' monthly subscriptions from $50 to $75; and 2) You now require that monthly customers pay a $25 deductible before they are allowed to have their $1,200. As a business person, these changes were necessary because you were not allowed to deny walk-in customers that were exchanging their $100 for your $1,000. This is how Obamacare is affecting the insurance market. Insurance companies have to find a way to not lose money. Raising premiums and deductibles for paying customers is the only way to do it.  In a perfect world, everyone buys health insurance before they are sick. And despite the fact that we don't live in a perfect world, there were still ways to get health insurance - and I'm talking pre-Obamacare - if you didn't have it before getting sick. You could have gotten a job that offered medical coverage in a group insurance plan. These plans always covered PE conditions. These plans are (still) required to cover PE conditions.  I am not a bad person. I'm not greedy, either. I believe in social support system for those that truly need it. Sometimes people are born into bad situations or sometimes people can slip up and hit some bad luck. I am more than fine with helping those people out. But when the government puts their hands too deep into my pockets, it isn't just money they are grabbing. I spend over 40 hours a week at a job. That job is where I (obviously) make my money. Time is money. And so when the government is constantly creating new welfare programs, the government is taking time from my life. This is time that I want to spend with my friends, wife, mother, father, sister, and daughter. Time is limited for everyone and I want my time outside of my 40 hours at work. THAT is my right. That is all of our rights.  You know, even the crazy, loony toon, socialist Bernie Sanders says that those people that work 40 hours a week deserve to make a living wage. Well, if companies weren't regulated so much we'd sure as hell have more money in our pockets. Less government regulations means more competition, more availability, more choices, and better prices. Look at the grocery store industry (i don't know the proper industry term). We have Shop Rite, Acme, Whole Foods, Publix, Wegmans, BJ's, Costco, Traders Joe's, Wawa, Sheetz, and so many more. Look at how stocked our supermarket shelves are...all the time. The only shortages that ever happen are when forecasts call for snowstorms and all the ice melt is gone. Other than that, shelves are stocked, food is fresh, and prices are excellent. And you don't have just one brand of sliced bread, or a single brand of peanut butter, or regular butter, or lettuce, or crackers, soup, meats, on and on and on....you have many brands for many products. We have 13 different kinds of milk in our grocery stores. Almond milk, soy milk, whole milk, 1%, 2%, organic milk, organic 1%.... The government didn't do any of this. People did. Smart. hard-working people did this. There is a market of consumers that want that stuff. And people made business to supply the demand. This is how things work. This is why we are the greatest country on this planet in the history of this world.  Running water in your home. Central air. Life-saving surgery/drugs and physical therapy. Being able to turn on and off electricity with a switch. Make a pot of coffee right at your kitchen counter top. Read GoT right on your e-reader. Wash and dry your clothes in your own home. Print a document. Cars/motorcycles/segways. Contact lenses. Run on the treadmill. Play music on your bluetooth speaker from your Mac Book Pro. And this list can go on virtually forever. The government did not of this. People did. And if the government can get the hell out of our way, we can continue to improve the quality of life like we have been for hundreds of years now in this country."}
{"_id": "180115", "title": "", "text": "I don't follow his logic here:  &gt;Because when workers earn more money, businesses have more customers and hire more workers  How does a business paying its workers more money = getting more customers?  The only connection I can see between the two is that some customers will politically approve of that and move their business over?  Very facile logic, if that's what he means."}
{"_id": "180119", "title": "", "text": "At fragua.co.in, you can purchase the top lead management CRM software in India. Our software allows you to centralize sales team , marketing and administration tasks just at one dashboard. Give us call on 044 4850 3989 for more information."}
{"_id": "180126", "title": "", "text": "\"I've seen \"\"temp to hire\"\" once, and that was with a large gov contracting company after they realized they kind of messed up the contract and would have to let me go if I didn't switch to working direct for them, and they really really wanted to keep me.   For the most part in tech what I've seen follows this rule if you're a contractor your a contractor, and temp to hire just means they want a cheaper contractor and will not hire.\""}
{"_id": "180146", "title": "", "text": "As long as the relative in the UK is not a US citizen and isn't considered domiciled in the US, there will be no estate taxes imposed by the US. You can see a much lengthier explanation on this subject here. The summary is that as a US citizen or resident, you can't circumvent estate taxes by moving yourself or your money abroad, but a relative who genuinely doesn't have US ties (other than inheritors located in the US) will be covered through applicable tax treaties (the UK does have an applicable tax treaty and applicable estate taxes as Ganesh points out)."}
{"_id": "180148", "title": "", "text": "\"There are a couple of different things that could be referenced by \"\"cheap money\"\": The money supply itself - This is the Federal Reserve printing more money which could devalue the existing US dollars and thus make the dollars even cheaper since there would be more of them. Interest rates - Currently in the US interest rates are rather low which means that borrowers could possibly get good rates on that money thus making it relatively cheap.  Compare current interest rates to the early 1980s and there is a major difference. In terms of implications on the stock market, there are a couple that come to my mind: Investment options - With low interest rates, cash and bonds aren't necessarily yielding that much and thus some people may be more likely to invest elsewhere with stocks being an option.  Thus, there may be some people that would rather invest in stocks than hold their investments in lower-yielding options. Corporate spending - If rates stay low, then for companies with good financial track records, they could borrow money to expand operations rather than sell more stock and thus there may be companies that borrow to grow so that they take advantage of these interest rates.\""}
{"_id": "180155", "title": "", "text": "You can get an SBA disaster loan to help cover costs. There are a few different kinds of loans. You have to live in a qualifying area to get one, which you likely do. There are physical disaster loans, which cover inventory, and that may help replace the flowers/plants. They also have EIDLs which you can use to help cover ongoing costs like fixed bills while you get back into business. Important to note these are loans, intended to be low-interest (or at least lower than a merchant cash advance or putting charges on credit cards), and do have to get paid back. There are hoops to jump through too, but they may be your best option, depending on your current financial situation. (You could also go to your local Small Business Development Center for help -- they have free resources and experts who can help you understand your options.) And when you get back up on your feet, get a business line of credit and business insurance so you have a backup plan and immediate access to capital for next time. This article is about Harvey, but same ideas apply for Irma: https://www.nav.com/blog/how-to-get-an-sba-disaster-loan-after-hurricane-harvey-22706/"}
{"_id": "180159", "title": "", "text": "The cycle has been continuously going for a couple generations now and seems to be getting worse. I don't have the answers but it seems obvious that doing what they've always done doesn't work.  I'm always entertained by people thinking that life should be fair. No where in nature is life fair. Some people are born with an advantage and still screw it up and others are born disadvantaged and succeed. I think it's obvious that people make choices that make one or the other outcomes more likely but nothing is guaranteed for them."}
{"_id": "180166", "title": "", "text": "Payroll is a huge part of any companies costs. I said that it would of course have different consequences for subway than it does for Walmart, but more and more chains are finding that it is feasible to pay people fair wages and still be able to thrive. Starbucks is yet another example of this.  Businesses can't be held responsible to uphold social good on their own. Obviously, Subway has no real incentive to raise their wages. However, the government is responsible for policies that are good for the economy at large, and raising wages is one of the things they can do to stimulate an economy. It is true that typically it results in a small amount of job loss at first, but time and time again has shown net positives. Arguing against minimum wage or labor laws is just outright idiotic."}
{"_id": "180185", "title": "", "text": "When you say: I am 48 and my husband is 54. We have approx. 60,000.00 left in our retirement accounts. We want to move our money into something so our money will grow. We've   been looking at annunities. We've talked to 4 different advisors about   what is best for us. Bad mistake, I am so overwhelmed with the   differences they all have til I can't even think straight anymore. @Havoc P is correct: ...It's very likely that 60k is not nearly enough, and that making the right investment choices will make only a small difference. You could   invest poorly and maybe end up with 50K when you retire, or invest   well and maybe end up with 80-90k. But your goal is probably more like   a million dollars, or more, and most of that will come from future   savings. This is what a planner can help you figure out in detail. TL; DR Here is my advice:"}
{"_id": "180187", "title": "", "text": "To be honest I've had rather poor experience with unionized workers in the US... I've seen union electricians wire emergency power off circuits backwards (such that they wouldn't work when the firefighters try to cut power to the facility, or wouldn't work when on battery power)... I've seen unionized construction workers seal garbage under a floor because they couldn't be bothered to pick it up (it was their own too, food waste). Other unionized trades that will just leave their garbage / cuttings / mess for someone else to clean up.   From what I've seen / experienced Unions today are nothing like what they should be, protecting the most incompetent among them and constantly demanding increased wages for poor performance.   Why should I have to pay someone more to do a shittier job just because they're in a members only club? Honestly, I cant think of any reason for minimum wage paying jobs to have a union. If you think the wages are too low for cost of living then the minimum wage should be raised. These people have no special skills, little to no training, and usually no education."}
{"_id": "180192", "title": "", "text": "I also am paying roughly twice as much in rent as a mortgage payment would be on the type of house I have been looking at, so I'd really like to purchase a house if possible. Sounds like I need to rain on your parade a bit: there's a lot more to owning a house than the mortgage. Property tax, insurance, PMI, and maintenance are things that throw this off. You'll also be paying more interest than normal given your recent credit history. It's still possible that buying is better than renting, but one really should run the detailed math on this. For example, looking at houses around where I live, insurance, property tax and special assessments over the course of a year roughly equal the mortgage payments annually.  You probably won't be able to get a loan just yet. If you've just started your new job it will take a while to build a documentable income history sufficient for lenders. But take heart! As you take the next year to save up a down payment / build up an emergency fund you'll discover that credit score improves with time. However, it's crucial that you don't do anything to mess with the score. Pay all your bills on time. Don't take out a car loan. Don't close your old revolving accounts. But most of all, don't worry. Rent hurts (I rent too) but in many parts of the US owning hurts more, as your property values fall. A house down the street from my dear old mother has been on the market for several months at a price 33 percent lower than her most recent appraisals. I'm comfortable waiting until markets stabilize / start rising before jumping on real estate."}
{"_id": "180196", "title": "", "text": "Not according to the SEC: A mutual fund is an SEC-registered open-end investment company that pools money from many investors and invests the money in stocks, bonds, short-term money-market instruments, other securities or assets, or some combination of these investments.  The combined securities and assets the mutual fund owns are known as its portfolio, which is managed by an SEC-registered investment adviser.  Each mutual fund share represents an investor\u2019s proportionate ownership of the mutual fund\u2019s portfolio and the income the portfolio generates.  And further down: Mutual funds are open-end funds."}
{"_id": "180208", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [McDonald's sets new welfare standards for chickens](https://www.reddit.com/r/environment/comments/79lcq9/mcdonalds_sets_new_welfare_standards_for_chickens/) on /r/environment with 3 karma (created at 2017-10-30 11:51:04 by /u/readerseven)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "180214", "title": "", "text": "If you put down 80% of the purchase price for a house, you can very likely get a loan with few problems.  After all, people with credit scores in the mid-500 range can get loans with 20% down.   My question would be this -- if you actually had $400,000 then why not just buy a $400,000 house?  If the goal is to improve your credit then if you buy a house for cash, you can then take out a home equity loan and make the payments, which would greatly improve your credit."}
{"_id": "180238", "title": "", "text": "Here's a good inflation calculator based on official US government sources: http://www.westegg.com/inflation/ You can get a good idea of the affect of productivity gains on prices by comparing price differences between different commodities. For example, eggs sold for $0.50-0.60/dozen in 1920, and are usually about $2.50/doz where I live. In real terms, the price actually declined from 1920 to 2010."}
{"_id": "180241", "title": "", "text": "There are many Shariah compliant investments, so that could direct your resulting searches. Shariah compliance is a very strict interpretation of Islam and for investing offers strict guidelines in what to invest in and excludes investments in companies that engage in certain businesses such as gambling, tobacco, pork and trading of gold and silver on a deferred basis (and more). Many multinational financial service companies such as the Standard & Poors (S&P) offer Shariah Compliant funds and indices, as such, it makes it easier to invest in a variety of different assets through them. You can also look at their fund's constituents and invest in those assets directly. Secondly, going back to your original question about a compound interest equivalent, you can look at the products offered by Shariah Compliant banks. Now, if it is really important for you to adhere to the strictest interpretations of your faith, you should know that most Islamic Banks have interest bearing assets within them and that they disguise that fact. The global financial system is based on interest bearing instruments such as bonds, and Islamic banks are large holders and issuers of those instruments, and all of their consumer products are also based on the interest rates of them. Even convoluted alternatives such as Islamic mortgages, where they are advertised as non-interest bearing equivalents, many times are also the interest bearing version. Unfortunately, these lies are enough for the banks to continue to get business from their target audiences, but outside of Islam this is a very standard and stable business practice. The point is that you should look very carefully at the alternatives you find."}
{"_id": "180247", "title": "", "text": "Stockpiled as treasuries, which are a debt security, they are liabilities.  You're making the case that as the gov't spends it's ability to spend increases as the economy grows? It's not like we're flipping a switch and turning on a light bulb  Edit: it's more like walking out on a tight-rope while people are yelling at you haha"}
{"_id": "180249", "title": "", "text": "Is the following correct?  The firm needs $20,000 for the investment. It borrows $6,000 @ 7%, and supplies $14,000 in equity.  The interest expense on the borrowing is $420 ($6,000 times 7%).  After one year, the firm receives $26,500 from its investment. Subtract $6,420 (return borrowings plus interest). The firm is left with $20,080. Divide by starting equity of $14,000. Subtract 1 from the ratio.  **Levered return on equity is 43.4%.**"}
{"_id": "180265", "title": "", "text": "Become?  Lego has never been an inexpensive toy.  The first set I received on Christmas 1980 was 6970, it sold for [$29.44](http://www.wishbookweb.com/FB/1980_JCPenney_Christmas_Catalog/#511/z).  Adjusted for inflation that's $92.63 for a 254 piece set.    EDIT: Browse around [Brickset](https://brickset.com/browse/sets) by year and you can see that PPP (price per piece) on average has remarkably stayed the same and has not risen with inflation.  I think on average there are more sets with higher piece counts, but by piece Lego has gotten cheaper."}
{"_id": "180274", "title": "", "text": "My point is that investors can assume whatever they want, it doesn't make it a fact. If I think Apple should be selling at 1,000 a share because the I assume the US government will pass a law giving them a huge tax advantage, does that mean that there is now a government subsidy in effect? Until the government explicitly states that they will not allow a systemically important bank to go the way of Lehman, there is no government subsidy."}
{"_id": "180287", "title": "", "text": "People have moods, that mean they don't have the same level of demand for luxuries every day.  There might be some days when I'm feeling a bit poor, or feel like I need to save money, and the price I'm prepared to pay for a box of popcorn might be 50c.  There might be other days, for example, the day after I receive my wages, when I feel rich and I don't care how much I spend on things.  On such a day, the price I'm prepared to pay for a box of popcorn might be $10. Now, when a supermarket sells popcorn, they're not really able to price discriminate between these two groups.  People come through their doors in all kinds of mood, so the profit-maximising price for popcorn is going to be somewhere in the middle. But the only people who go to a movie theatre are people who are already in the right mood to spend money on needless luxuries.  So the very fact of being in a movie theatre means that a popcorn stall, whether affiliated to the theatre or not, is open only to the high-spending end of the market.  They have already caught me when I'm in the mood to spend, so their profit-maximising price will be much higher than that of the supermarket."}
{"_id": "180293", "title": "", "text": "Yes sir, been there did that.  Now a Roth account is considered income if you it pull out. It is your money and you have to report if you pull it out. FYI, open a savings account, and put it in that so if you need it this will not happen."}
{"_id": "180295", "title": "", "text": "I am going to give advice that is slightly differently based on my own experiences. First, regarding the financing, I have found that the dealers do in fact have access to the best interest rates, but only after negotiating with a better financing offer from a bank. When I bought my current car, the dealer was offering somewhere around 3.3%, which I knew was way above the current industry standard and I knew I had good credit.  So, like I did with my previous car and my wife's car, I went to local and national banks, came back with deals around 2.5 or 2.6%.  When I told the dealer, they were able to offer 2.19%. So it's ok to go with the dealer's financing, just never take them at face value.  Whatever they offer you and no matter how much they insist it's the best deal, never believe it!  They can do better! With my first car, I had little credit history, similar to your situation, and interest rates were much higher then, like 6 - 8%.  The dealer offered me 10%.  I almost walked out the door laughing.  I went to my own bank and they offered me 8%, which was still high, but better than 10%.  Suddenly, the dealer could do 7.5% with a 0.25% discount if I auto-pay through my checking account. Down-payment wise, there is nothing wrong with a 35% down payment.  When I purchased my current car, I put 50% down.  All else being equal, the more cash down, the better off you'll be.  The only issue is to weigh that down payment and interest rate against the cost of other debts you may have.  If you have a 7% student loan and the car loan is only 3%, you're better off paying the minimum on the car and using your cash to pay down your student loan.  Unless your student loan balance is significantly more than the 8k you need to finance (like a 20k or 30k loan). Also remember that a car is a depreciating asset.  I pay off cars as fast as I can.  They are terrible debt to have.  A home can rise in value, offsetting a mortgage.  Your education keeps you employed and employable and will certainly not make you dumber, so that is a win.  But a car?  You pay $15k for a car that will be worth $14k the next day and $10k a year from now.  It's easy to get underwater with a car loan if the down payment is small, interest rate high, and the car loses value quickly. To make sure I answer your questions: Do you guys think it's a good idea to put that much down on the car? If you can afford it and it will not interfere with repayment of much higher interest debts, then yes.  A car loan is a major liability, so if you can minimize the debt, you'll be better off. What interest rate is reasonable based on my credit score? I am not a banker, loan officer, or dealer, so I cannot answer this with much credibility.  But given today's market, 2.5 - 4% seems reasonable. Do you think I'll get approved? Probably, but only one way to find out!"}
{"_id": "180296", "title": "", "text": "Ok, fair enough.  But Russian news agency posting about dangers of more sanctions is about as surprising as tobacco company writing about benefits of tobacco -- of course they'd write that.  It just.. doesn't add any useful information.  And the article doesn't contain much aside from the quote anyway, and a link to RIA Novosti.  If this was an article from Economist, or another reasonably respectable source that is not normally aligned with Russia, and if it had a bit more analysis, it would have been an interesting read."}
{"_id": "180305", "title": "", "text": "Getting about a dollar more per day is the difference between starving and not starving for many people. If you compare that to the alternative without globalization, that is: not getting a dollar a day and starve, that's good. The author isn't comparing globalization with pre globalization, he's comparing globalization with his fantasy, and calling the reality outside of his fantasy a lie. What a visionary.  And I'm so bloody tired of people not understanding resources. If these 63 people would throw their money to the poor that wouldn't make food magically appear, that would just make food prices go up, leaving the poor with as much food, but a bunch of useless paper-scraps as well.  for the 100:th time: communism doesn't work."}
{"_id": "180306", "title": "", "text": "\"Queuing for service also occurs in the US... except that position in the queue is determined by wealth (i.e. US care is rationed based on the amount of money in your pocket). Essentially in the US the poor have been kicked out of the line, which on first blush makes the line \"\"disappear\"\".  Queuing in Canada is based on medical need (those in the most dire need are treated first). Beyond that, the other choke point is available resources (eg. not enough orthopedic surgeons).\""}
{"_id": "180311", "title": "", "text": "I like You Need A Budget (YNAB) Pros: Cons:"}
{"_id": "180315", "title": "", "text": "I wholeheartedly agree with you that keeping whales in captivity is horrible. Sea World as an organization actually does quite a bit of good in the realm of marine biology and preservation, but this one big black stain just makes them look terrible. I really wish they would free the captive orcas (that are able to survive in the wild) and any remaining (old, injured, maimed, not viable in the wild) no longer used for shows or as attractions."}
{"_id": "180345", "title": "", "text": "It's a tax shelter. Foreign affiliates hold most of Microsoft's cash and investments. The cost of borrowing is much cheaper than repatriating the money and paying taxes. Those bonds are selling at rates similar to US Treasury Debt. Also, many people and organizations with lots of assets still borrow money for day to day expenses. Why? You tend to make a better return on investments which are committed for a number of years, and the timing of income from those investments may not coincide with your expenses."}
{"_id": "180362", "title": "", "text": "When you own stock in a company, you do literally own part of the business, even if it's a small portion. Anyone amassing over 50% of shares really does have a controlling interest. No, you can't trade a handful of AAPL shares back to Apple for an iPod, but you can sell the shares and then go buy an iPod with the proceeds. Stock prices change over time because the underlying companies are worth more or less and people are willing to pay more or less for those shares. There is no Ponzi scheme because each share you own can be bought or sold on the open market. Dividends come from the company profits, not from other investors. On the other hand, money only has value because everyone believes it has value. There's the real conspiracy."}
{"_id": "180368", "title": "", "text": "The maintenance of roads is largely funded by gasoline and diesel fuel taxes. Since the amount of fuel you consume roughly correlates with the wear you cause the roads these very closely resemble a user fee. It's the same with tolls. Those who use the resource pay for it (and they pay it typically to a state toll authority not a private company). Now some larger transportation capital improvement projects, like reworking a major intersection or a new bridge, will rely on grants and direct taxes but mostly its fuel taxes funding everything."}
{"_id": "180380", "title": "", "text": "I took the BAT after my first semester of my freshman year. At the time I was winding up my microeconomics class. While I lacked the classical schooling, I've been investing for the past 3 years, so I'm pretty familiar with stocks, bonds, derivatives, and the like. I ended up scoring in the 50th percentile, which I was pleasantly surprised by.  The test is a mile wide and an inch deep. The math is incredibly easy, and it's all very straight forward. What got me was the accounting. I had no accounting experience beyond just examining a very basic balance sheet from time to time."}
{"_id": "180390", "title": "", "text": "You're not crazy, but the banks are. Here's the problem: You're taking 100% LTV on property A - you won't be able to get a second mortgage for more than 80% total (including the current mortgage) LTV. That's actually something I just recently learned from my own experience. If the market is bad, the banks might even lower the LTV limit further. So essentially, at least 20% of your equity in A will remain on the paper. Banks don't like seeing the down-payment coming from anywhere other than your savings. Putting the downpayment from loan proceeds, even if not secured by the property which you're refinancing, will probably scare banks off. How to solve this? Suggest to deal with it as a business, putting both properties under a company/LLC, if possible. It might be hard to change the titles while you have loans on your properties, but even without it - deal with it as if it is a business. Approach your bank for a business loan - either secured by A or unsecured, and another investment loan for B. Describe your strategy to the banker (preferably a small community bank in the area where the properties are), and how you're going to fund the properties. You won't get rates as low as you have on A (3.25% on investment loan? Not a chance, that one is a keeper), but you might be able to get rid of the balloon/variable APR problem."}
{"_id": "180400", "title": "", "text": "Restricting the discussion only to Internet hacking:   In Option 2 or Option 3, you have to realize that the funds are credited to a specific Registered Bank Account. So the max damage an hacker can do is liquidate your holding. In Option 2, the Banking Internet Login and the Broker Internet Login will be different, For example HDFC Bank and HDFC Securities. In Option 3, if you choose your Bank, then it will be the same Login. If you choose a Non-Bank as provider then there is a different login. The risk is no different to investing in shares. In the end its up to an individual, there is nothing that stops you from opening multiple accounts in option 2 and option 3 and buying the stocks worth particular value. From an overall risk point of view; Option 2 seems best suited as the units are held in a Demat from by a Depository."}
{"_id": "180404", "title": "", "text": "\"Intrinsic value is a myth.  There is no such thing.  Subjective human demand is the only thing that gives anything value.  This subjectivity is different person to person and can change very quickly. Historically there are two main uses for gold: jewelry and money.  How can you tell when a particular type of money is undervalued?  It disappears from circulation since people prefer to use money that is overvalued.  This phenomenon is paraphrased in Gresham's Law: Bad money drives out good money. The Coinage Act of 1792 established the US dollar as 371.25 grains of silver or 24.75 grains of gold.  This established a government ratio of 15 ounces of silver to 1 ounce of gold.  In the late 18th century there was a large production of silver from Mexico and the market ratio of silver to gold increased to 15.75 to 1 by 1805.  The government ratio, however, was still 15 to 1.  This was enough incentive for people to exchange their silver coins for gold coins at the government ratio, melt the gold, and sell the gold bullion overseas at the market value.  Thus, gold coins disappeared from circulation as people either hoarded the gold or sent it abroad.  People used the overvalued silver coins (i.e. the \"\"bad\"\" money) domestically and gold coins disappeared from the market. In an attempt to correct the problem of disappearing gold coins the Coinage Act of 1834 was enacted.  It kept the US dollar at 371.25 grains of silver but changed the definition to 23.2 grains of gold which established a government ratio of 16 to 1.  This was close to the market ratio of gold to silver at the time so both gold and silver coins appeared in circulation again.  The gold rush of 1849 produced a lot of gold and the market ratio of silver to gold became 15.46 to 1.  Now gold was overvalued so people began exchanging their gold coins for silver coins at the government ratio, melt the silver, and sell the silver bullion overseas at the market value.  People used the overvalued gold coins (i.e. the \"\"bad\"\" money) domestically and silver coins disappeared from the market. When you see gold circulating everywhere you will know it is overvalued compared to other types of money.  Paper money always drives gold out of circulation since the market ratio of paper to gold severely under values gold. Source here.\""}
{"_id": "180407", "title": "", "text": "&gt;Investigators could not hear what the Air Canada captain and co-pilot said to each other during the aborted landing because their conversation was recorded over when the plane made other flights, starting with a San Francisco-to-Montreal trip the next morning.  Was this not initially registered as any type of incident? How could that data have not been accessed?"}
{"_id": "180419", "title": "", "text": "\"Ya, I mean if your really wanting to gain ppl's respect it might be a good idea. What you WANT to be is a leader, not just a manager. Ever wonder why most ppl hate their bosses?? It's bc they aren't leaders. Just from experience, since your young and wanting to gain the respect of the employees...you will gain it 100% more from your work ethic than any kind of job title. And if you do have eventually tell someone what to do, don't do it as a \"\"boss\"\" but a leader. Show them what you expect, show them you believe they can meet that expectation, then help them achieve it. Instead of yelling or fear mongoring.\""}
{"_id": "180428", "title": "", "text": "That metric is not very useful for anything other than very extremely long trading periods. Most strategies or concerned with price movement over much shorter time frames, 15 mins, 1 hr, 4 hr, daily, weekly, monthly. The MA or moving average is a trend following lagging indicator used to smooth out price fluctuations and more accurately reflect the price of trading instrument such as a stock (AAPL), commodity, or currency pair. Traders are generally concerned with current market trends and price action of the instrument they are trading. As such, an extremely long MA (average daily price, over a period of 365 days) are generally not that important."}
{"_id": "180429", "title": "", "text": "Money you need in less than 5 years should be saved not invested.  The only place I would be comfortable the money would be a money market account or Certificate of Deposit (CD). I usually go for the money market account because they pay at or close to CD rates and there are no restrictions on getting to the money. However in this case I might choose a CD to keep me from being tempted to borrow some of it for something else. But even after typing that I still think I would put it in a money market, because if interest rates rise they rise in the money market but not the CD, and I just don't think interest can go much lower."}
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{"_id": "180453", "title": "", "text": "Make it more expensive for foreign investors to buy houses.  At least, look at where the money is coming from.  When the Chinese economy takes a dive and all these investors look to sell at the same time it is going to get interesting in the housing market."}
{"_id": "180460", "title": "", "text": "On aspect of this is that your liability in civil suit can vary substantially based on where you live. A judgement in one jurisdiction may not follow you to another (eg I believe in Vermont they do not honor out of state judgements), so there is an option to simply allow a default judgement and not worry about it. This a pretty complex decision to get yourself the best deal.  You need a lawyer to help you make the right call."}
{"_id": "180461", "title": "", "text": "The new mortgage qualification rules were introduced to cool a hot Canadian housing real estate market. The rules are a pre-emptive measure intended to avoid a bubble (and later crash) in real estate. The government wants to make sure anybody buying a house can handle higher interest rates. Those rates, currently at record lows, are expected to go up later this year and into the future. The tighter mortgage rules include: Borrowers will need to qualify against a minimum standard 5-year fixed rate mortgage, even if they'll contract their mortgage at a lower or variable rate.  Previously, the 3-year fixed rate mortgage was used as the minimum qualification standard. The amount a homeowner can borrow in a refinanced mortgage drops to 90% of the home value, down from 95% of the home value.  A home is not meant to be an ATM machine. Anybody wanting to borrow to buy an investment property \u2013 i.e. a property that won't be their principal residence \u2013 will need a 20% downpayment instead of a 5% downpayment. The new rules go into effect April 19th, 2010.  However, according to the backgrounder (see below): Exceptions would be allowed after   April 19 where they are needed to   satisfy a binding purchase and sale,   financing, or refinancing agreement   entered into before April 19, 2010. Definitive information about the new rules can be found at the Department of Finance of Canada.  Specifically, refer to: Some additional news media sources:"}
{"_id": "180495", "title": "", "text": "These statements aren't necessarily contradictory. In the first case, investors are bearish because they anticipate selling in the future (because all the interested buyers have bought, so all that remains in the short run are people willing to sell and therefore drive down the price).  In the second case, the trend is strengthened because the increase in volume indicates that the price movement interested a lot of traders. The trend could be bullish or bearish.  The statements aren't contradictory because the second case could very well lead to the first case. For example, if an increase in price is coupled with an increase in volume, this could indicate that the positive trend is strengthening (second case). Traders are becoming more interested in the price move, so they buy.  However, once all of the traders who are willing to enter the market long do so, we're in the first case. Investors realize that all of the traders who were interested in buying have bought, so they become bearish because they expect selling to start soon."}
{"_id": "180500", "title": "", "text": "Is this money taxable in US?  From what you described you're likely to have been a US tax resident. As such, you're taxed on your worldwide income. Foreign tax deferral schemes are not considered qualified under the US law (unless a treaty says otherwise), so you're liable for taxes on them now. Get a new tax adviser."}
{"_id": "180501", "title": "", "text": "If you don't itemize your deductions, your state tax refund is not considered income to you. Even if you didn't receive the actual 1099-G, you know how much refund you got, so you can calculate if you need to add it back to your income this year using the worksheet on page 23 of the instructions."}
{"_id": "180509", "title": "", "text": "\"I'm not trying to suggest otherwise or argue that financial institutions have access to different types of services not normally offered to Joe the Plumber.  My argument is that if these Wall St. types are *soooo* bad, then why are people still giving them their money?  The answer is because people want that \"\"Baby Boomer\"\" -esque type of retirement where they don't have to actually do any work at building their retirement... just give a cut of their paycheck to these men who turn it into more money.    I can turn money into more money.  I've taken some of my money, invested in tools, and used those tools (and some of my time and sweat) to make more money.  That didn't require an *evil evil* Wall St. man.\""}
{"_id": "180527", "title": "", "text": "I would think there would be heavy overlap between companies that do well and market cap. You're not going to get to largest market cap without being well managed, or at least in the top percentile. After all, in a normal distribution, the badly managed firms go out of business or never get large."}
{"_id": "180539", "title": "", "text": "All the fees are added to the amount you actually spend, but they only occur when you do these kind of transactions. They do not happen for any other reason. If you transfer a balance from another credit card this fee is added to your balance. Since this is your first credit card you don't have to transfer any balance. This site says that this is a special type of check, linked to your credit card account, not to your checking account. If you write this type of check to a merchant the additional fees will apply. If you use your credit card at an ATM this fee will be applied on top of the money you withdraw. Usually it is a percentage of the amount you withdraw. According to this site, a cash equivalent is something like casino chips which can be easily converted back into money without any loss.  If you use your credit card in a different currency, for example Euro but your credit cards currency is Dollar. Usually a percentage of the amount (~3-5%). If you withdraw money from a foreign currency ATM they add usually a fixed amount plus a percentage or any combination of this."}
{"_id": "180557", "title": "", "text": "I'm an engineer winding down to an early retirement thanks to saving and managing money well.  &gt;why you feel differently?  Because unions negotiate to keep raises coming even when the economy craps out. Public employee unions are the worst. Full benefits after retirement, etc., and double dipping. Unions have worn out their usefulness except to exploit capital (or taxpayers). The Boeing case is a pathetic example of the NLRB killing American business.  The EEOC is generally a group of whack jobs. Look up EEOC and Jehovah's Witnesses. Their are so many cases where they side with the Jehovah's because they can't work on Saturdays. One case that comes to mind is 5 roommates working at a golf course and after they joined, they said they couldn't work Saturday's (when everyone is playing golf and they need to be there). The EEOC gets abusive more than it helps."}
{"_id": "180564", "title": "", "text": "as long as US bonds will keep their status of a safe haven and the dollar will continue to be the world reserve currency the bond rates will stay low. hell, after S&amp;P downgraded the US credit rating, the bond yields actually dropped, indicating an influx on money.   the shock will come. sooner or more probably later.. it won't be the end of the world, just another nasty downturn."}
{"_id": "180571", "title": "", "text": "\"The end result is basically the same, it's just a choice of whether you want to base the final amount you receive on your salary, or on the stock market. You pay in a set proportion of your salary, and receive a set proportion of your salary in return. The pension (both contributions and benefit) are based on your career earnings. You get x% of your salary every year from retirement until death. These are just a private investment, basically: you pay a set amount in, and whatever is there is what you get at the end. Normally you would buy an annuity with the final sum, which pays you a set amount per year from retirement until death, as with the above. The amount you receive depends on how much you pay in, and the performance of the investment. If the stock market does well, you'll get more. If it does badly, you could actually end up with less. In general (in as much as anything relating to the stock market and investment can be generalised), a Defined Benefit plan is usually considered better for \"\"security\"\" - or at least, public sector ones, and a majority of people in my experience would prefer one, but it entirely depends on your personal attitude to risk. I'm on a defined benefit plan and like the fact that I basically get a benefit based on a proportion of my salary and that the amount is guaranteed, no matter what happens to the stock market in the meantime. I pay in 9% of my salary get 2% of my salary as pension, for each year I pay into the pension: no questions, no if's or buts, no performance indicators. Others prefer a defined contribution scheme because they know that it is based on the amount they pay in, not the amount they earn (although to an extent it is still based on earnings, as that's what defines how much you pay in), and because it has the potential to grow significantly based on the stock market. Unfortunately, nobody can give you a \"\"which is best\"\" answer - if I knew how pension funds were going to perform over the next 10-50 years, I wouldn't be on StackExchange, I'd be out there making a (rather large) fortune on the stock market.\""}
{"_id": "180572", "title": "", "text": "9 Capital in The Twenty First Century by Thomas Piketty   8 The Art of Strategy by Dixitt and Nalebuff   7 Against the God's by Peter Bernstein   6 The Black Swan by Nassim Nicholas Taleb   5 The Intelligent Investor by Benjamin Graham   4 Money: Master the Game by Tony Robbins   3 Thinking Fast and Slow by Daniel Kahneman   2 The Personal MBA by Josh Kaufman   1 The Power of Habit by Charles Duhigg    ... Kind of meh choices really."}
{"_id": "180581", "title": "", "text": "Essentially imported goods from the country (in this case the US) that is improving against your local currency will become more expensive. For the most part, that is the only practical effect on you on an individual financial level."}
{"_id": "180582", "title": "", "text": "Cristina from Avangate :)   Well, most of your shoppers will not even know that you outsource online purchase activity to a payment provider, unless the solution you select, is not capable to integrate with the look and feel on your business.   If talking about Avangate, I can share some insights that our clients buyers usually appreciate: 1. Geographical Location - translated payment pages based on IP that present also the price in local currency and allow them to pay with a local payment method, if available (ex. Brazil - credit card with instalments - Portuguese); 2. Financial Support - specific area, called myAccount, where shoppers can track relevant info about how to renew/upgrade or get in contact with the merchant;  3. Taxes and VAT management - if you are targeting both B2C and B2B customers, the possibility of getting an invoice that can be presented for accounting/bookkeeping is very important.  Should you be interested in having a more detailed discussion, make sure to get in touch with me - I'll be happy to chat :)  cristina.rotari@avangate.com"}
{"_id": "180592", "title": "", "text": "\"Primerica's primary value proposition is that switching from whole or universal life to term life, and investing the difference is a good idea for most people. However, there are a number of other important factors to consider when purchasing life insurance, and I would also be wary of anyone claiming that one product will be the \"\"best\"\" for you under all circumstances. Best Insurance? Without getting into a much larger discussion on how to pick insurance companies or products, here are a few things that concern me about Primerica: They have a \"\"captive\"\" sales force, meaning their agents sell only Primerica products. This means that they are not shopping around for the best deal for you. Given how much prices on term life have changed in recent years, I would highly recommend taking the time to get alternate quotes online or from an independent broker who will shop around for you. Their staff are primarily part-time employees. I am not saying they are incompetent or don't care, just that you are more likely to be working with someone for whom insurance is not their primary line of work. If you have substantial reason to believe that you may someday need whole life, their products may not suit you well. Primerica does not offer whole life as far as I am aware, which also means that you cannot convert your term life policy through them to whole life should you need to do so. For example, if you experience an accident, are disabled, or have a significant change in your health status in the future and do not have access to a group life policy, you may be unable to renew your individual policy. Above Average Returns? I am also highly skeptical about this claim. The only possible context in which I could find this valid would be if they mean that your returns on average will be better if you invest in the stock market directly as compared to the returns you would get from the \"\"cash value\"\" portion of a life insurance product such as universal life, as those types of products generally have very high fees. Can you clarify if this is the claim that was made, or if they are promising returns above those of the general stock market? If it is the latter, run! Only a handful of superstar investors (think Warren Buffet, Peter Lynch, and Bill Gross) have ever consistently outperformed the stock market as a whole, and typically only for a limited period of time. In either case, I would have the same concerns here as stated in reasons #1 and #2 above. Even more so than with insurance, if you need investment advice, I'd recommend working with someone who is fully dedicated to that type of work, such as a fee-only financial planner (http://www.napfa.org/ is a good place to find one). Once you know how you want to invest, I would again recommend shopping around for a reputable but inexpensive broker and compare their fees with Primerica's. Kudos on having a healthy level of skepticism and listening to your gut. Also, remember that if you are not interested in their offer, you don't have to prove them wrong - you can simply say \"\"no thank you.\"\" Best of luck!\""}
{"_id": "180599", "title": "", "text": "\"I seriously didn't. Scout's honor. You are reading into what I wrote. I was really surprised, not \"\"blowing a gasket.\"\" If I got pissed every time I got referred to as \"\"he,\"\" I would have had a billion heart attacks by now.  \"\"I had this experience in b-school\"\" \"\"That's everywhere, not just in b-school\"\" &lt;-- not a rebuttal, an addition  Pretty sure this is about perspective. See, I wasn't really replying to you, I was writing in relation to what you said for the benefit of everybody else reading\u2026 just like I argue in the other comments, not for me (cuz I don't really care what strangers on the internet think about me) but for the silent lurkers who otherwise would see that crap go uncontested.  If you assume a reply is definitely just for you, I can see why you'd think I was railing on you. But I wasn't, and I'm sorry it seemed that way.\""}
{"_id": "180601", "title": "", "text": "I had a debt collector call on a bill that was sent to collections because of a clerical error.  Instead of negotiating with the debt collector, I called the company that originally owned the debt. They allowed me to pay my bill without any late fees 6 months later, and they gave me a receipt to furnish to the debt collectors. I'm sure the debt collectors got a refund for the purchase of my debt. If your desire is to pay the debt, then you could still call the owner of the debt and see it they wish to work with you to get the debt paid.  Any contact with the original creditor will affect your legal rights with respect to collection and statutes of limitation, so you should be sure you want to pay the debt back in full before you take such a step."}
{"_id": "180619", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Stagflation**](https://en.wikipedia.org/wiki/Stagflation): [](#sfw)   ---  &gt;  &gt;__Stagflation__, a [portmanteau](https://en.wikipedia.org/wiki/Portmanteau) of *[stagnation](https://en.wikipedia.org/wiki/Economic_stagnation)* and *[inflation](https://en.wikipedia.org/wiki/Inflation)*, is a term used in [economics](https://en.wikipedia.org/wiki/Economics) to describe a situation where the [inflation rate](https://en.wikipedia.org/wiki/Inflation_rate) is high, the economic growth rate slows down, and unemployment remains steadily high. It raises a dilemma for [economic policy](https://en.wikipedia.org/wiki/Economic_policy) since actions designed to lower inflation may exacerbate unemployment, and vice versa.  &gt;The term is generally attributed to a British politician who became chancellor of the exchequer in 1970, [Iain Macleod](https://en.wikipedia.org/wiki/Iain_Macleod), who coined the phrase in his speech to [Parliament](https://en.wikipedia.org/wiki/Parliament_of_the_United_Kingdom) in 1965.       &gt;Keynes didn't use the term, but some of his work refers to the conditions most would recognise as stagflation. In the version of [Keynesian macroeconomic theory](https://en.wikipedia.org/wiki/Keynesian_economics) which was dominant between the end of WWII and the late-1970s, inflation and recession were regarded as mutually exclusive, the relationship between the two being described by the [Phillips curve](https://en.wikipedia.org/wiki/Phillips_curve). Stagflation is very costly and difficult to eradicate once it starts, in human terms as well as in budget deficits.  &gt;In the political arena, one measure of stagflation, termed the [Misery Index](https://en.wikipedia.org/wiki/Misery_index_(economics\\)) (derived by the simple addition of the inflation rate to the unemployment rate), was used to swing presidential elections in the United States in 1976 and 1980.  &gt;   &gt;====  &gt;[**Image**](https://i.imgur.com/NrpgJvM.png) [^(i)](https://commons.wikimedia.org/wiki/File:Gdpercapita.PNG)  ---  ^Interesting: [^Periods ^of ^stagflation ^in ^Pakistan](https://en.wikipedia.org/wiki/Periods_of_stagflation_in_Pakistan) ^| [^History ^of ^the ^United ^States ^\\(1964\u201380)](https://en.wikipedia.org/wiki/History_of_the_United_States_\\(1964%E2%80%9380\\)) ^| [^1973\u201375 ^recession](https://en.wikipedia.org/wiki/1973%E2%80%9375_recession) ^| [^Milton ^Friedman](https://en.wikipedia.org/wiki/Milton_Friedman)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjkxhkj) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjkxhkj)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "180632", "title": "", "text": "Education is crucial as I believe strongly that every child should have as an equal a chance as the next.   Food and social housing is necessary but also getting something for nothing has created a subculture in the UK where there is no desire to earn a living simply because they have it pretty good without. Community service I feel should be mandatory for people on welfare.  As for healthcare I also believe this should be free. However, in the US the cost of healthcare is monstrous and more needs to be done tackle this before it can realistically offered in a meaningful way.  However, the rest of government should be kept to a minimum. Military spending cut, taxes streamlined to reduce the complications of collecting it, more relaxed laws (such as legalising drugs) to make society easier to police, lobbying outlawed, campaign funding banned, massive reduction of number in government, etc."}
{"_id": "180644", "title": "", "text": "Your question is a bit odd in that you are mixing long-term fundamental analysis signals which are generally meant to work on longer time frames with medium term trading where these fundamental signals are mostly irrelevant.  Generally you would buy-and-hold on a fundamental signal and ride the short-term fluctuations if you believe you have done good analysis. If you would like to trade on the 2-6 month time scale you would need a signal that works on that sort of time scale.  Some people believe that technical analysis can give you those kind of signals, but there are many, many, many different technical signals and how you would trade using them is highly dependent on which one you believe works. Some people do mix fundamental and technical signals, but that can be very complicated.  Learning a good amount about technical analysis could get you started.  I will note, though, that studies of non-professionals continuously show that the more frequently people trade the more on they underperform on average in the long term when compared with people that buy-and-hold. An aside on technical analysis: michael's comment is generally correct though not well explained.  Say Bob found a technical signal that works and he believes that a stock that costs $10 dollars should be $11.  He buys it and makes money two months later when the rest of the market figures out the right price is $11 and he sells at that price.  This works a bunch of times and he now publishes how the signal works on Stack Exchange to show everyone how awesome he is.  Next time, Bob's signal finds a different stock at $10 that should be $11, but Anna just wrote a computer program that checks that signal Bob published faster than he ever could.  The computer program buys as much as it can in milliseconds until the price is $11.  Bob goes to buy, but now it is too late the price is already $11 and he can't make any money. Eventually, people learn to anticipate/adjust for this signal and even Anna's algorithms don't even work anymore and the hunt for new signals starts again."}
{"_id": "180673", "title": "", "text": "I don't think there's any law against having lots of bank accounts. But what are you really gaining? Every new account is a paperwork hassle. Every new account is another target for con men who might steal your information and write bad checks or make phony credit card purchases in your name. Yes, it's not unreasonable to have a credit card or two that you keep for emergencies. I'd advise anyone with running up debts while having no idea how you will pay them off. But to say that you might keep some credit available so that if you have a legitimate emergency -- like, say, your car breaks down and you don't have the cash to fix it and you can't get to work without it -- you have some a fallback. But do you really need ten credit cards for that sort of thing? And how much credit are they giving you on each card? I don't know how the banks work this, but I'd think if they're rational, they'd consider your total credit before giving you more.  I have three credit cards that I use regularly -- two personal and one business. And I find that a real pain to keep track of, to make sure that I keep each one paid by the due date and to keep a handle on how much I owe and so forth. I can't imagine trying to deal with ten. I suppose you could just stuff all these cards in a drawer and only use them in case of emergency."}
{"_id": "180677", "title": "", "text": "\"I'm still recommending that you go to a professional. However, I'm going to talk about what you should probably expect the professional to be telling you. These are generalities. It sounds like you're going to keep working for a while. (If nothing else, it'll stave off boredom.) If that's the case, and you don't touch that $1.4 million otherwise, you're pretty much set for retirement and never need to save another penny, and you can afford to treat your girl to a nice dinner on the rest of your income.  If you're going to buy expensive things, though - like California real estate and boats and fancy cars and college educations and small businesses - you can dip into that money but things will get trickier. If not, then it's a question of \"\"how do I structure my savings?\"\". A typical structure: Anywho. If you can research general principles in advance, you'll be better prepared.\""}
{"_id": "180686", "title": "", "text": "If he can't manage, best is he sells it off. Its easier to manage cash. Not sure what tax you are talking about. He should have already paid tax on fair market value of the 20 flats. If the intention of Mr X is to gift to son by way of death, then yes the tax will be less. Else whenever Mr X sells there will be tax.  how to manage these 20 apartments? Hire a broker. He may front run quite a few things like showing the place etc. There is a risk if he is given a free hand, he may not get good quality tenant. There are quite a few shark brokers [its unregulated] who may arm twist seeing the opportunity of an old man with 20 flats. See if you can do long term lease with companies looking for guest house etc, or certain companies who run guest house. They would like the scale, generally 3-5 years contracts are done. The rent is good and overall less hassle. The risk is most would ask to invest more in furnishing and contracts can be terminated in months notice. If the property is in large metro [Delhi/Bangalore/Chennai/etc] These places have good property management companies. Ensure that you have independent lawyer; there are certain aspects of law that may need to be studied."}
{"_id": "180690", "title": "", "text": "I have my own top 10 list, coming straight from the management of Semco.  1 - Values   I write a lot on this blog about the importance of values, and I feel there is no exception here.  Ricardo fundamentally believes in human equality and the importance of each individual, otherwise there is no way he could commit to such a mission.  These values originated from him, but they've now permeated throughout the organization and every individual believes in them.  2 - Consistency  This is an extension of values, because when your values are solid and clear, your behaviors and actions will flow from that.  There are no contradictory policies that would confuse employees.  Everyone is equal and all aspects of the organization from salary, profit sharing, job titles, power, working hours, leadership, and vacations reflect that.  3 - Peer Pressure  There is nothing more effective for keeping order than peer pressure.  All the rules in the world can\u2019t replace the power of your friends and colleagues holding you accountable.  It\u2019s much more meaningful than a top down approach.  The pressure is real, it has teeth since peers can come together and fire employees that aren\u2019t doing their job.  4 - Profit Sharing  Touchy feely open management is nothing without something real to back it up, and 23% pre-tax profit sharing is as real as it gets.  Everyone is motivated because they know they will get rewarded for their hard work, and it also ensures that peer pressure is working well.  They also get creative with this, giving employees the option of deferring 25% of their salary until the end of the year, at which time they might get a bonus resulting in a 150% of their original salary depending on the business unit\u2019s performance.  5 - Empowerment  Giving people freedom and responsibility without the tools to get things done is a recipe for disaster.  All opinions are heard and there is value in the work of every employee.Nobody has an excuse for why they can\u2019t get things done.  6 - Small Business Units  Each business unit is small enough so that everyone involved understands everything that is going on and the outcomes.No way people can self organize if a unit is hundreds of people large.The magic number for the maximum effective size for a group is 150 and Semco will not allow a business unit to go beyond that.  7 - Total Transparency  Semco goes to great lengths to ensure everyone knows how their financials are, even to the extent of displaying them in an easy to understand cartoon. There are no secrets, and this demonstrates trust and respect.  8 - No Symbols of Inequality  There are no offices with huge windows, reserved parking spaces or other symbols that clearly show differences between employees.Everyone plays by the same rules, and everyone feels valued.  9 - Purpose  Purpose is the cheapest way to align an organization.  When everybody feels their works is valuable, they know why they are doing it and take pride in it, things naturally align themselves. Everyone feels like they are part of something important.  10 - Long Term Thinking/Private Company  Can you change corporate culture in a few days, months, even years?Likely not, particularly if it is deeply ingrained.  Also, how quickly do managers resort to short term solutions such as layoffs, budget cuts or other forms of control to try and reduce expenses the moment things go badly? Even under deep pressure, the company must stay the course and believe in the value of the open system.  You can bend but you can\u2019t break and revert to old school management. With private companies this is probably a lot easier than with public companies that are measured on quarterly performance.  full post here: http://orgeffectiveness.ca/post/33166914205/the-most-radical-workplace-in-the-world-and-10-reasons"}
{"_id": "180696", "title": "", "text": "A lot of loans are taken out on a fixed rate basis, so the rate is part of the contract and is therefore covered by contract law. If the loan is taken out on a variable basis then in principle the rate can rise within the terms of the contract.  If a particular lender tries to raise its rates out of line with the market then its customers will seek alternative, cheaper, loans and pay off their expensive loan if they can. If rates rise sharply in general due to unusual politico-economic circumstances then those with variable rate loans can find themselves in severe trouble.  For example the base rate in the UK (and therefore variable mortgage rates closely tied to it) spiked sharply in the late 80s which caused severe stress to a lot of borrowers and undoubtedly pushed some into financial difficulties."}
{"_id": "180701", "title": "", "text": "why basis of your source? i dont have idea about n.korea, but i want to tell iran is not like n.k nazi germany etc ! i want to say when you enter a charge, you have to prove it first! Feel free to hear all that has ever been heard from the media What made you think so?"}
{"_id": "180708", "title": "", "text": "Using the facts in your comment: I use the pmt function in excel and the goal seek tool to determine an original balance of ~$24,241.33 Taking into account the statement in the questions that you have paid $6,072.26 in principal gives an estimated current balance of  which almost exactly matches your current balance statement of $18,168.56 a difference of 51 cents. Is it possible that during the time you were in college the accumulated interest caused the balance to grow from 20,800 to 24,241? This could happen if the loans were unsubsidized."}
{"_id": "180709", "title": "", "text": "&gt;Harm the bank  It depletes the assets of the bank.  But I do agree with you that black-bloc protesters are strategically incompetent most of the time.  They should be breaking into investment banks and destroying their *computers*, which are actually essential to financial operations and worth large sums to replace per-unit.  &gt;Further anarchism among the public  Activist strains of anarchism doesn't believe in bourgeois democracy, either.  That is, they believe in direct action (violent *or* nonviolent, like at Occupy Wall Street) rather than electoral campaigning.  The tendency to not give a shit about their image is a fault of theirs, but only in the sense that we Jews are also at fault for not giving a shit about our image: it's not like it would help."}
{"_id": "180722", "title": "", "text": "Thank you.  Admittedly, I was being lazy in my first post, while on mobile, and could have waited to look up the proper terminology.    However, I still propose that the analogy to trans-fats holds.  A few decades ago, we all assumed that margarines were better for you since they were not from animals.  Now we are assuming that Impossible Foods is better for you because it is not from animals.  And margarine is not good for you, now that we have a better understanding.    I suggest that there is a good reason that Impossible Foods chose to not go further down the path for FDA GRAS.  Because they knew people will buy it and eat it anyway, and any finding from GRAS could only hurt them.  So they pulled out of further GRAS evaluation."}
{"_id": "180733", "title": "", "text": "\"This is what is called \"\"stock dividend\"\". In essence the company is doing a split, the difference is in financial accounting and shouldn't concern you much as an individual investor. \"\"Fully paid up\"\", in this context, probably means \"\"unconditioned\"\", aka fully vested.\""}
{"_id": "180734", "title": "", "text": "What's amusing is that these proposals seem like miserable comprises and unachievable dreams at the same time. I have absolutely no faith that the EU is going to progress in a meaningful way, in the near or medium term with these 3 pillars. The EU is too broad and politicaly diverse at this stage...  Edit: typo"}
{"_id": "180743", "title": "", "text": "What kind of bullshit is this?  &gt;Between October 2008 and July 2014 the working age population grew by 13.4 million persons, but the US labor force grew by only 1.1 million. In other words, the unemployment rate among the increase in the working age population during the past six years is 91.8%.  I can't even...  &gt;The 6.2% US unemployment rate is misleading as it excludes discouraged workers who have given up and left the labor force because there are no jobs to be found.  Uh...that's not how statistics work.  &gt;John Williams of Shadowstats.com calculates the true US unemployment rate to be 23.2%, a number consistent with the collapse of the US labor force participation rate.  Ok, he got this number from the infamous shadowstats. Why is this crap getting upvoted?"}
{"_id": "180753", "title": "", "text": "Somewhere on your block, perhaps even in your neighborhood tonight, someone will become homeless. The reason of their homelessness might be a domestic fight, the loss of a job, or an argument with a parent. Nowadays, it very well could be caused by a foreclosure; but whatever the reason, that family will be all of a sudden on the street."}
{"_id": "180771", "title": "", "text": "\"It's a trollish reading of a standardized process in the US.  http://www.businessinsider.com/impossible-foods-seeks-fda-approval-for-heme-ingredient-2017-8  &gt;The FDA does not officially approve ingredients in food products, like it does for drugs. The burden falls on the manufacturer to show through rigorous testing that a food is \"\"generally recognized as safe,\"\" or GRAS. Once a manufacturer makes a determination that a food meets the basis for GRAS, it may invite the FDA to conduct an independent review. The agency may respond with no further questions or raise concerns, according to the FDA website.  &gt;After conducting its own testing of the burger, Impossible Foods sought the agency's review. The FDA came back with questions, which is not unusual. A spokesperson for Impossible Foods, citing the FDA website, said one in five submissions come back with questions.  &gt;The FDA wants the company to show through additional testing that soy leghemoglobin \u2014 and the 40 other proteins besides heme it contains \u2014 is safe for humans, not just rats.  &gt;Impossible Foods plans to engage the FDA in another review in the future.  The FDA approves a lot of sketchy ingredients, including many banned elsewhere in the world, as a point of reference, and [the entire process is shortcoming and voluntary](https://www.forbes.com/sites/quora/2017/08/31/how-the-impossible-burger-revealed-some-disturbing-fda-practices/#655158dd6aa9)--Impossible could have just not sought FDA approval and would have been fine.\""}
{"_id": "180773", "title": "", "text": "I just closed on a refi last week Thursday. The app went to the lender mid to late May. The lender called my employer for an employment verification on the Monday before closing. I would wait till after the loan funds to change jobs. FWIW, we signed on Thursday afternoon, escrow had to FedEx the originals to the lender on Friday, lender should have received it on Monday, we are still waiting to fund. I expect the loan to fund no later than tomorrow."}
{"_id": "180821", "title": "", "text": "My initial thoughts were Slack is amazing, why would they quit? I read the article and found that their challenges are aligned to challenges that most companies now face with the direct instant communication tool. Besides the obvious lack of personal connection slack can be very divisive if not used the right way."}
{"_id": "180826", "title": "", "text": "I am in a very similar situation. My wife and I made decent money in the early to mid-2000's but handled the tax end of the business VERY poorly. However for the last 5 years we've been close to poverty and owing the IRS close to 60K because of the accumulated penalty and interest. On top of that, they started garnishing my wife's paycheck putting ourselves further in the whole. Finally got the courage to call them and explain the situation and was classified as a 'CNC' or Can Not Collect. Basically, there is nothing they can take from us and removed the garnish from my wife's check almost immediately. Now they will review our returns yearly and if we do start making real money again, we'll have to set up a payment agreement at that time. Also there is a 10 year limitation on them being able to collect from you so every year that passes removes another year of the past due taxes. Call them, explain your situation and see what happens. I was floored at how understanding they were and completed the paperwork over the phone that determined us to be CNC."}
{"_id": "180834", "title": "", "text": "Scottish banknotes are promissary notes of the banks issuing them. Their value will be paid in UK legal tender any time as long as the issuing bank is in business. So they are not going to lose value unless the issuing bank goes bakrupt. Scottish notes may be refused, outside of Scotland, at least, by merchants at their discretion. So if the vote goes the wrong way, merchants in England may refuse accepting these notes even if just to make a point. English notes (those issued by the Bank of England) are the actual UK legal tender. Wether you should change or not is up to you, I believe there's no immenent danger of them becoming worthless any time soon."}
{"_id": "180838", "title": "", "text": "\"I don't know of a guideline to how often you can ask for an increase. You can ask as often as you like. As for consequences, refer to Is there a downside to asking for a credit increase?, where the consensus is that, aside from a possible (temporary) hard pull on your credit report, there's probably no risk to asking. Depending on your credit score/history, and especially in the current economy, you may get \"\"no\"\" as an answer most often. You can try talking to your card's Credit Department or even Customer Retention Department as they may have more leverage. They may say yes or no or that they need to review your account. When you do ask for an increase, I would make sure to ask if there will be a hard pull on your report, if there is any cost or downside to applying, and to make sure that this would be an increase to your current credit line, not a new account.\""}
{"_id": "180855", "title": "", "text": "Diversifying your portfolio between asset A and asset B only reduces the portfolio risk if asset A and asset B are not correlated. If they have either a low correlation or a negative correlation to each other, then you benefit from combining them in a portfolio in terms of risk reduction. The standard deviation of returns will be lower in a portfolio of low or uncorrelated assets. If on the other hand you combine two correlated assets into a portfolio you are doubling down on the same assumption, which means you are not reducing your risk. You are also wasting capital because now you have allocated capital to 2 separate trades / investments yet they have shown a high tendency of moving together. Here is an article that discusses this further: Why Diversify your Stock Portfolio"}
{"_id": "180857", "title": "", "text": "If I read your comment correctly, you seem irritated at OP\u2019s suggestion and feel like there is already educational reform happening in pursuit of these goals from the left and a handful of those on the right. You also claim a lack of political power by the left prevents the reforms from taking hold.  Is this summary correct? If so, can you tell me more about these reforms so I can read and educate myself? If not, would you mind correcting my summary?"}
{"_id": "180885", "title": "", "text": "Not like you are limited to one charge a day or anything.  About 240mi on an 80% charge, that is 4hrs at 60mph.  You can supercharge back to 80% in 20min, but ill give you an hour, so 5hrs to drain and charge, and lets say 3 cycles a day (15hrs).  So 720mi/d and 365d/y and 8yrs = 2million miles.  Why is charge relevant?"}
{"_id": "180888", "title": "", "text": "I guess you have made a few rather interesting points. Not too many others would really think about this the way you just did. I am very impressed that there is so much about this subject that has been revealed and you made it so nicely, with so considerably class. Tiptop one, man! Really fantastic things right here."}
{"_id": "180892", "title": "", "text": "if in america,  actually voting out your state and national congressperson is the best start. Find a privacy bill and if they signed to erode privacy (patriot act, state consumer laws, national consumer laws) then vote the fuckers out and send them a note why. They will never be responsible until we force them to be. Congress has low ratings like between 10 and 20 percent favorability yet a 80 percent incumbent range. my Primary residence on the books is California, and I always vote against our congresspeople democrat or republican based on their votes. It just takes about 15 min of research to see if they are worthy or not."}
{"_id": "180899", "title": "", "text": "If you are eligible for FEE-HELP then this is by far the cheapest way of financing higher education in Australia."}
{"_id": "180920", "title": "", "text": "When I think of the loopholes that the richest of the rich exploit to get out of paying taxes, this article does seem kind of pointless.  Why attack the 529 plan?  It would be better to attack the expense of the education and the need for the plan in the first place.  Upper middle classers shouldn't have to give a second thought to how much it will cost to send their kids to university, unless it is a private school.  30 years ago it cost 350 bucks for a semester.  Now it is 10k or more.  We all see that this is ridiculous, but it goes on and on.  Rents have doubled or even tripled in the last 7 years and this is normal?"}
{"_id": "180922", "title": "", "text": "\"It's not like there are no explanations for the delay.  It's one thing if you make predictions that don't materialize, and you just scratch your head and say, \"\"isn't that curious..\"\".  That's what's being implied here, and it's a straw man.   If you look closer, you see the mechanisms by which the day of reckoning has been postponed (housing bubble and now a fiscal deficit bubble).  Given you can explain the delay, I don't see how it invalidates the core tenet of the initial assertion, which is that the current system is unsustainable.   It's a matter of distinguishing between the need to abandon the entire theory or needing to modify it.\""}
{"_id": "180957", "title": "", "text": "\"I am confused by your anecdote. Do you mean she was waving a 3.5\"\" floppy? (There were smaller formats around that time, but they were exceedingly rare and niche.) 1991 is 7 years before any computers started coming without floppy drives, and this feature of the iMac was ridiculed when it was introduced.\""}
{"_id": "180958", "title": "", "text": "Yes, the interest rate on a Treasury does change as market rates change, through changes in the price. But once you purchase the instrument, the rate you get is locked in. The cashflows on a treasury are fixed. So if the market rate increase, the present value of those future cashflows decreases, so the price of the treasury decreases. If you buy the bond after this happens, you would pay a lower price for the same fixed cashflows, hence you will receive a higher rate. Note that once you purchase the treasury instrument, your returns are locked in and guaranteed, as others have mentioned. Also note that you should distinguish between Treasury Bills and Treasury Bonds, which you seem to use interchangeably. Straight from the horse's mouth, http://www.treasurydirect.gov/indiv/products/products.htm: Treasury Bills are short term securities with maturity up to a year, Treasury Notes are medium term securities with maturity between 1 and 10 years, and Treasury Bonds are anything over 10 years."}
{"_id": "180972", "title": "", "text": "Yeah, I heard about that! That's virtually the same thing (in a different form) as a new currency as it's backed solely by the state's ability to uphold its value, but yes, given that it's trading for pennies on the dollar it's no surprise the USD is the primary currency there. It will be very interesting to see the policies that Mugabe's successor (his ex-wife or #2) puts in place. Either way I bet they fail, but hope they don't and actually make the necessary reforms to help the country succeed."}
{"_id": "180991", "title": "", "text": "This is a funny comment, because not only are you misinformed, you didn't even read what the guy said.  You're just grumpily shouting at the voices in your head.  Welcome to the modern world, luddite.  The cat is out of the bag and it's never going back.  Too bad, so sad."}
{"_id": "181002", "title": "", "text": "&gt; You know whats more effective then drug tests at work? Intelligence testing.  Not much of a reason to take the risk when we have an abundance of applicants in MOST fields. Maybe not the one the article talks about, but there is absolutely no reason to take that risk as a business.    &gt; Maybe calm yourself down and then stop to think about what would be more important at work, having a clean drug test or intelligence?  You do realize there are people who are intelligent that don't smoke weed daily, right?  And there are other factors like motivation and being happy. Weed smokers almost always lack motivation and wouldn't be smoking if they were truly happy  There is no shortage of applicants in most fields. No need to hire these people and take an unnecessary risk."}
{"_id": "181004", "title": "", "text": "Perhaps business actually like this expenditure then? I guess it would be beneficial for them in that they, in a way, coerce employees from not leaving. Trying to find another job with equal insurance can be rather rough."}
{"_id": "181007", "title": "", "text": "Goldman Sachs saw credit default swaps as an investment option too. You have to realize they aren't really in the buy and hold game.  Them seeing an opportunity to make money off something doesn't mean it will necessarily go up in the future.  Also the US economy is the strongest it's been in almost 20 years.. Eroding?"}
{"_id": "181013", "title": "", "text": "See the Moneychimp site. From 1934 to 2006, the S&P returned an 'average' 12.81%. But the CAGR was 11.26%.  I wrote an article Average Return vs Compound Annual Growth to address this issue.  Interesting that over time only a few funds have managed to get anywhere near this return, but the low cost indexer can get the long term CAGR minus .05% or so, if they wish."}
{"_id": "181032", "title": "", "text": "\"The new Tesla car with exchangeable battery means that the battery is not owned by you. How can the batteries owned (and paid) by you if every time you exchange them with batteries of unknown past, owners and quality?  If you want to insist to own your batteries and charge them at home, then, yes, you will have to pay for your set of batteries, but then why would you exchange YOUR batteries for another set with unknown past and owners?  Let me explain it in a different way: Nobody pays their share of the cost of the expensive Electric infrastructure needed to supply their home with electricity. You just pay as you consume. Yes, part of what you pay is to cover the costs of the infrastructure, but big consumers of electricity (factories and businesses) covered much more of that than the individual home owner.  Yes, electric car batteries are expensive but you don't need to pay for them if the arrangement is \"\"pay as you go\"\".  With conventional car, would you like to pay $1000s of Dollars for huge tank and fill it with gas, so you don't have to \"\"pay as you go\"\"?  Also, if we exchange batteries as we go, we don't need such expensive batteries. They can be cheaper (not cheapest) batteries that have less range.\""}
{"_id": "181047", "title": "", "text": "The post-war US was riding high as the lone major non-bombed industrial power, we had all the steal plants, all the car plants, we had everything and we were supplying everyone. By the 60s the world had rebuilt from the war, and they rebuilt with newer factories than our pre-war ones. Suddenly we weren't the only option around, we had lost our competitive edge simply by the fact that the rest or the world had rebuilt. By the late 70s and early 80s it wasn't just first world nations we were competing against any more, the rest of the world was catching up too. Countries had come from no where to be actual competition.  Long story short, the 50s and 60s lifestyle was a result of us not being bombed out, we aren't going to get that back. Plus now we aren't just competing with western Europe and Japan, we have half the damn world as competitors with the other half following behind. And sadly technology, while awesome, is allowing one person and a computer to do the job of what used to be 5 men keeping wages down even more. I don't have an answer, but I doubt that kind of lifestyle is coming back for the mainstream any time soon."}
{"_id": "181052", "title": "", "text": "\"On broad strokes, the market does \"\"work properly.\"\" I invest in bio  and spend a lot of time in front of trial research, reports, pipeline procedure, and various catalysts. I can tell you that you have absolutely no idea how much damage would be done if the FDA was not involved in the pipeline. None. Your attitude is naive at best but is obviously more likely the result of an exhausted political viewpoint. I'm tired of this \"\"magic hand\"\" garbage. It never worked. It doesn't work. It will not work. It won't work. Got it? Do you understand this?\""}
{"_id": "181066", "title": "", "text": "Maybe a larger house/apartment"}
{"_id": "181069", "title": "", "text": "No, CFD is not viable as a long term trading strategy.  You have a minimum margin to maintain, and you are given X days to top up your margin should you not meet the margin requirements. Failure to meet margin requirements will result in a forced sell where you are no longer able to hold onto the stock. A long term trading strategy is where you hold onto the stock through the bad times of the company and keep it long enough to see the good times. However, with CFD, you may be forced to sell before you see the good times. In addition, you incur additional lending charges (e.g. 4%-6%) for the ability to leverage."}
{"_id": "181078", "title": "", "text": "SQL is specialized programming language for databases that looks nothing like what many so-called general purpose languages do. It's fairly easy to pick up the basics of SQL for querying databases though but mastering SQL requires a bit more effort since you need to learn a lot about relational databases. And if you don't your experience with SQL might seem a bit flat.   If you can stomach it then pick up both a general purpose language like python and a bit of SQL. Later decide what to put more effort in, depending on what you want to do."}
{"_id": "181081", "title": "", "text": "\"A mortgage is simply a loan backed by a property (and, because it's both very large and very common, covered by some specific laws).  As such, the bank isn't an \"\"investor\"\" in your house; it simply is lending you money with the property as collateral.  So, it doesn't get any share of the profit. As long as you sell the house on your own, for more than you owe, most of the time in the US you will get about 92-94% of the sale price back, minus whatever you owe on the house.  The 6-8% you don't get will go to the realtors as commission (unless you sell by owner and don't sell to someone with a buyer's agent), and to pay some of the costs of the sale (how much of those you pay depends on the deal you make with the buyer, but it's common to pay some of them in some areas).  You also will owe taxes (potentially).  You then pay the bank back from that amount. As such, in your example, let's say Bob owes $50k on his house, and sells it with a realtor for $150k.  He gets $150k-0.06*150k = 141k after commission. He then hands the bank a check for the current payoff of the loan: that amount is usually slightly higher than the remaining principal, because you owe the interest that's accrued between [last payment you made] and [day of sale].  Let's say this is a 6% loan, which works out to around 0.5% per month, and it's been half a month since his last payment, so he owes another 0.25%, or another $125.  Some mortgages also may have prepayment penalties (check your note).  In this case there isn't a penalty, so the bank gets $50,125 from the sale.  Usually, the bank would get that immediately at closing - ie, he doesn't get the full $141k or $150k and then write a check, instead the title/closing company gets that amount, and gives the $9k to the realtors, the $50,125 to the bank, and the remaining $90,875 to him.   Don't forget he may also owe income taxes, and sometimes other local taxes, on the profit on the sale. In this case the IRS wouldn't get anything (as it's under $250k), assuming it's a primary residence, but keep that in mind. Also - in the case of a foreclosure, the bank will get some extra money to pay for the costs it incurred in foreclosing on and selling the house.\""}
{"_id": "181095", "title": "", "text": "&gt;As an insider who experienced both, i can confirm. Walmart's culture is very... rough. The executives i have met just act like their soul was stolen, theres no real interest in the company's future or its people. It feels like nobody really cares.  Sounds like we know where the culture in the stores comes from."}
{"_id": "181098", "title": "", "text": "Food to your door is a problem nobody is asking to solve.   Food delivery has limited success for luxury or novelty food items (e.g., fruit baskets, steaks, coffee, snack food, etc.), but for general eating/family eating, it's not an everyday food shopping need.   I can already buy rice, cereal, pasta, etc. on Amazon and their prices are usually higher than what I can buy locally.   And that comparison is name brand products.  The price difference is laughable when it comes to store brands.  Remember when Amazon Diaper products were supposed to put Pampers and Huggies out of business.   Oh yeah.  Look where that got them..."}
{"_id": "181101", "title": "", "text": "\"&gt; where not even the \"\"ghetto grocery store\"\" or gas-station 7-11 can operate without Bezos' back-end supply software and self-driving delivery fleet.  Those stores have some of the highest markup of any place to get groceries. It shouldn't be a surprise that they can't compete.\""}
{"_id": "181105", "title": "", "text": "If you can not support yourself should your father die, an insurance policy may make sense as a safety net. As an investment, it is a bad bet unless he knows something about his health that would somehow not cause his premiums to be increased tremendously yet not cause them to claim he was attempting to defraud them and refuse payment. In other words, it is a bad bet, period. Insurance is a tool. If the tool doesn't do something you specifically need, it's the wrong tool."}
{"_id": "181107", "title": "", "text": "A company's stock price will reflect the general sentiment about a company's value now and in the future. Net income is only one figure. You need to crack open the net summary and see what's inside it. In the financials you reference in your question (http://www.marketwatch.com/investing/stock/FTNT/financials), you'll also notice that  Ultimately, the stock price is just a reflection on what the market feels its (current) future is worth (you, me, other investors with future value calculators and strong opinions on what would provide value for them)."}
{"_id": "181113", "title": "", "text": "If you are happy, really honestly happy, there is no need to change because you read it somewhere. While I believe that budgeting in some fun is smart so you don't go crazy, I am really speaking for myself.  I personally have to work at not spending more than I make, so I need to blow off some steam. I also think that you will find in the future something you want to do that costs money, and you would be glad to have it now. The same rules apply for you as they apply to everybody"}
{"_id": "181158", "title": "", "text": "\"You will almost certainly be able to sell 10,000 shares at once. The question is a matter of price. If you sell \"\"at market\"\" then you may get a lower price for each \"\"batch\"\" of the stock sold (one person buys 50, another buys 200, another buys 1000 etc) at varying prices. Will you be able to execute a single order to sell them all at the same price at the same time? Nobody can say, and it's not really a function of the company size. The exchange has what's called \"\"open interest\"\" which roughly correlates to how many people have active orders in at a given price. This number is constantly changing alongside the bid and ask (particularly for active stocks). So let's say you have 10,000 shares and you want to sell them for $100 each. What you need is at least 10,000 in open interest at $100 bid to execute. By contrast let's say you issue a limit order at $100 for 10,000 shares. Your ask will stay outstanding at that price and you'll be filled at that price if there are enough buyers. I you have a limit sell order at $100 for 10,000 shares the strike price of the stock cannot go to $100.01 until all of your sell orders are filled.\""}
{"_id": "181171", "title": "", "text": "If this was the 20th century that would be a workable idea.   As you might have noticed this isn't the 20th century.  We have whole industries which used to hire hundreds of thousands of people being replaced by firms with 15 people providing better services. We need a basic income because we have an economy which is more productive than ever, depends on a strong middle class, if lets to its own devices will produce one person who owns everything."}
{"_id": "181179", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/09/16/business/economy/bump-in-us-incomes-doesnt-erase-50-years-of-pain.html) reduced by 91%. (I'm a bot) ***** &gt; Starting with 1957, the team looked at actual earnings during the prime working years - the ages of 25 to 55.  &gt; The result was that a 25-year-old man who entered the work force in 1967 and worked for the next three decades earned as much as $250,000 more, after taking inflation into account, than a man who had the same type of career but was 15 years younger.  &gt; Most younger men ended up with less because they started out earning less than their counterparts in previous years, and saw little growth in their early years.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70q0gc/bump_in_us_incomes_doesnt_erase_50_years_of_pain/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211729 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **income**^#2 **men**^#3 **earned**^#4 **more**^#5\""}
{"_id": "181187", "title": "", "text": "They sure can. They are two different legal entities, so why not? You can even write a check to yourself, and then deposit it back into your own account. (Not very useful, but you can). The tax implications are a very different question, as this might constitute taking money out of the company. Edit: In some countries, when the business hires someone to work for them, it is forbidden by law to do that, unless he/she is explicitly allowed to do it in his contract. The business owner himself however, can always 'allow' himself to do that."}
{"_id": "181191", "title": "", "text": "I feel the same about voting for Obama as I do about voting for Reagan: total embarrassment. Not that I could have voted for Romney without feeling even worse, but I could have 'thrown my vote away' on some distant third-placer who would not have won but at least would not be so eager to hand the country over to anyone with a ton of money."}
{"_id": "181200", "title": "", "text": "\"You most definitely can appeal the county's appraisal of your property.  How to do so, and your odds of success will vary widely by your location, but I have successfully appealed the valuation on one of my rental properties. I asked my realtor to provide me with recent sales of comparable homes in the neighborhood & provided them along with my appeal as evidence of what I felt a reasonable valuation should be.  One of three things will happen: 1) Your appeal will be accepted, 2) It will be denied, or 3) you will be asked to come in & plea your case in front of the county assessor. In my case, the county accepted my appeal without needing to testify. Look around your county assessor's website ... you will probably be able to find the form necessary for filing an appeal.  If not, give them a call & they'll tell you the procedure. The county generally uses a simplistic statistical model to do their valuations. Little to no human time is spent reviewing your home's value, so it's quite possible for their valuation to be unreasonable.   An appeal can take a bit of time & paperwork, but can definitely be worth the effort if the county's valuation is way off. Hope this helps! @mhoran_psprep Your point is well taken that in practice the relationship between sales prices & tax assessments is a bit more tenuous. The waters get muddy when property values have a large swing (like the past 5 years). When tax assessor's started seeing large drops in property values during the recession (and consequent drops in their budgets), I'm sure there was considerable pressure to prevent wholesale decreases in tax valuations. It's politically easier to \"\"prop-up\"\" falling valuations than to raise tax rates.  However, the fact remains that the models that assessors use in determining property values are based on sales history - thus, I believe (and have found) that recent sales can be a persuasive piece of evidence in a property tax assessment appeal.\""}
{"_id": "181213", "title": "", "text": "\"How many HVAC firms exist in your area?  If it's more than 1 or 2, it's unusual for them to be able to collude. If you feel underpaid, go interview.  You might find that you can get an offer for more $$$ elsewhere.  Don't reveal how much you currently make, if asked (this will distort the amount of the job offer).  At that point ask your current employer if they're willing to match.  If not, then move to the new company.    Some employees feel uncomfortable doing this.  You want to say, \"\"I like working here, but it doesn't make business sense for me to work for less than market rates.\"\"  Also share your offer with your coworkers, at least the ones you like.  This will help equalize the market.  Employees can easily punish a stingy company with several departures.\""}
{"_id": "181236", "title": "", "text": "\"While I do not have an issue with treating customers/clients well the whole mentality of \"\"the customer is always right\"\" needs to be re-evaluated.   In a case where a customer has unreasonable demands or is treating an employee poorly (by no fault of the employee) their privilege to be right ends. In situations like that it is more important to stand up for your employees then it is to side with the customer. If you do side with the customer in that situation it not only reinforces that behavior from the customer but makes the employee feel undervalued and will lead to morale issues. If your workplace has consistent morale issues you will have a high-turnover rate, this will end up costing you considerably more not just in human capital, but in workplace knowledge, time and most prominently money. Chances are if a customer is being a huge drain of your resources they are likely not worth too much to your company to begin with (see below).   Another reason why this mentality of every customer is valuable is a bad idea is found within the 80/20 principle. Simply put, 80 % of your revenue will come from 20% of your customer base, and usually the 20% tend to be the lowest maintenance and have the lowest resource demand. Another application of this principle shows that 20% of your customer base accounts for 80% of the resource usage within your company. The principle itself is not limited to 80/20, but the axiom of a majority of x is provided by the minority of y is something that remains consistent across economies and cultures.   In short, not all customers are created equal and as a result do not deserve the same resources as one another. In addition to this, workforce integrity is more important in the long run than possibly losing a customer. Average firms provide \"\"Good Service\"\", excellent firms provide \"\"Smart Service\"\".\""}
{"_id": "181238", "title": "", "text": "\"The shares available to short are a portion of those shares held by the longs. This number is actually much easier to determine outside of active trading hours, but either way doesn't really impact the matter at hand since computers are pretty good at counting things. If your broker is putting up obstacles to your issuing sell short limit orders in the pre-market then there is likely some other reason (maybe they reserve that function to \"\"premium\"\" account holders?)\""}
{"_id": "181239", "title": "", "text": "These spots could easily be filled by MSFT, but they're going to do whatever they can to make you think they can't be...  The problem with the programming and computer engineering industry is that anyone smart enough to be good at their craft can probably put food on their table on their own (subcontracting, developing their own software, consulting, etc.).   In other words, they have plenty of leverage in salary negotiations.    Foreigners are a different story.  I've worked with plenty, and most are great at what they do.  But, the biggest barrier they have that keeps them from going into business in the Western market themselves is often their communication ability, or the fact that they are so specialized in their knowledge that they aren't very business savvy (and xenophobic ignorance by many Westerner's, to be honest).  Put those two factors together, and I'm more than willing to bet that MSFT gets a fat discount during negotiations, that saves them way more than the 10g's that the Visa's would cost."}
{"_id": "181247", "title": "", "text": "Onsite Computer Repair Los Angeles - High Tech Systems \u2013 provide both in-house and on-site services with our certified, professional technicians and engineers. Common issues with most displays are a bad power supply board inside the unit. After time this part goes out and needs to be repaired or replaced."}
{"_id": "181256", "title": "", "text": "So? That means he should be dirt poor? No. Maybe he's been there for 30 years and got raises. Janitors do way more than clean toilets. My ex has a great government job in science 4 years of school. She does the same repetitive task that you can watch a YouTube video and be an expert. Way easier than being a janitor. She deserves to live good, a janitor doesn't?"}
{"_id": "181257", "title": "", "text": "One of the best shopping website is Wayshopy. Why to slog yourself in such a scorching heat when you can get things on one click - http://wayshopy.in/  The attractive deals and sales all time gives the shoppers an never ending enjoyable experience while being associated with Wayshopy. From affordable and good quality clothes to high end electronic is all there in a wide range that they offer. In style accessories are also something that you can check out. So what are you waiting for go and grab the attractive offers and endless discount that Wayshopy offers."}
{"_id": "181266", "title": "", "text": "In addition to the company-specific annual business cycle reasons and company-specific historical reasons mentioned in the other answers, there is another reason. Accounting firms tend to be very busy during January (and February and March) when most companies are closing and auditing their calendar-year books.  If a company chooses its fiscal year to end at a different time of year, the accounting firms are more available, and the auditing costs might be lower."}
{"_id": "181271", "title": "", "text": "They were completely transparent about it and sold it as a feature, basically you get a Tesla for cheaper than normal, and in a year or two when you get that big bonus check, you get to upgrade to the 75 without replacing your car. I know some people who went for it and thought it was a great deal."}
{"_id": "181294", "title": "", "text": "\"This is actually (to me) an interesting point to note.  While the answer is \"\"that's what Congress wrote,\"\" there are implications to note. First, for many, the goal of tax deferral is to shift 25% or 28% income to 15% income at retirement. With long term gains at 15%, simply investing long term post tax can accomplish a similar goal, where all gain is taxed at 15%.  Looking at this from another angle, an IRA (or 401(k) for that matter) effectively turns long term gains into ordinary income.  It's a good observation, and shouldn't be ignored.\""}
{"_id": "181306", "title": "", "text": "You should consider using a lawyer as your agent. We once talked to one who was willing to act as our agent for a fixed fee. Not all attorneys can do it where we live, but there are plenty that can. We ended up going another route, but since then we have found a seller's agent that charges us a fixed fee of one thousand dollars (a great deal for us). We are using her again right now.  It's all about the contract. Whatever you can legally negotiate is possible - which is yet another reason to consider finding a real estate attorney."}
{"_id": "181330", "title": "", "text": "You can withdraw from your RRSP to pay your taxes. While not necessarily advisable, it is permitted \u2014 yet the tax consequences are no different just because you happen to be using the money to pay a prior year's income tax balance due. When you make the withdrawal from your RRSP, an amount will be withheld towards your income tax for the withdrawal year. Assuming you have other income, then you are likely to owe CRA even more than the amount withheld, because the withdrawal is effectively taxed at your marginal rate. In that case, consider the withholding tax merely a downpayment. You'll figure the final amount due when you file your next income tax return. e.g. If you were to withdraw money from your RRSP today (in 2015) to pay your 2014 income tax balance due, then on your 2015 income tax return, you'll need to declare the withdrawn amount as income for 2015. You'll get credit for the withholding taxes already paid when you made the withdrawal. Your tax return will indicate how much more you'll need to pay to settle your 2015 taxes. If you then pay your 2015 income tax balance due with an RRSP withdrawal in 2016, then ... repeat. Better to save up funds elsewhere (e.g. in a bank account, or a TFSA) to cover an anticipated income tax balance owing."}
{"_id": "181333", "title": "", "text": "\"The cost of the tax may be transferred directly to the costumers but how many times have you heard people who support these taxes say \"\"ABC company has had $XXXX profit,  They should be able to afford this small tax increase.\"\"  Most people don't understand economics.\""}
{"_id": "181346", "title": "", "text": "Thats a good question. You don't have any argument from me on that. However, I have friends who have done that and after a few years living like that, its extremely hard on them if they get sick, because the system THAT I AM TELLING YOU ABOUT, will ruin them *in a flash*. Its increasingly designed to take ALL of people's money when they are at their most vulnerable, when they are sick. And IT doesn't care. Single payer systems will just fix you up, you dont get a bill. They have to be free, which you can tell [by reading this](http://www.iatp.org/files/GATS_and_Public_Service_Systems.htm) - which explains why."}
{"_id": "181360", "title": "", "text": "\"Can't vouch for LA, but property typically is taxed at either the appraised value, the most recent purchase price (\"\"if it wasn't worth that much, you wouldn't have paid that much\"\"), or some combination of the two (usually highest of the two, to prevent \"\"$1 and other goods and services\"\" from lowering the tax to zero). You have now explicitly paid a total of $125k for the property; the fact that you bought it in two stages shouldn't be relevant. But \"\"should\"\" and law are only tangentially connected. I'd recommend asking a tax accountant who know your local practices, unless someone here can give you an authoritative answer.\""}
{"_id": "181362", "title": "", "text": "I think that Westerners often overestimate how much influence the West has over developing countries, like those in Africa, and that there are a million other factors that most of the Western public simply doesn't see.   Yes, agricultural production has increased significantly because of Western (and Eastern) demand, which calls more children into laboring in those fields, because *that's just how it's always been done* in those cotton-producing countries. Of course, more business also means more income for those farmers, who you can bet your bottom dollar would ask consumers to buy MORE of their cotton, and not less.  Higher incomes leads to many other positives for the local and national economy, families, individuals and, yes, those children. That's not to say that schooling wouldn't be preferable to child labor, but (1) that's not ultimately our decision, and (2) that makes a quite questionable assumption that decent, affordable, accessible schooling even exists there.   So my assessment is that Western demand for cotton is a positive for the kids in Burkina Faso. What's more, I will guarantee you that even with all the failings and unpleasant parts of the world cotton commodity trade, Burkinabe cotton farmers would agree."}
{"_id": "181367", "title": "", "text": "I used to think the physical books were great but I'm definitely over that.  You end up with shelves of books you'll probably never open again.  It just contributes to the clutter.  Oddly I feel the opposite about text books from the parent commentor.  I feel like text books are still handier and more functional in paper form.  A digital copy would be useful for doing searches maybe but provided the book has a good index that should be covered."}
{"_id": "181371", "title": "", "text": "\"This is a very trivial scam. Flow is like this: Send money to Mr. X (you, in this case). Call Mr. X and ask for the money back, because mistake. Usually they ask for a wire transfer/cash/gift cards/prepaid cards or something else irreversible/untraceable. Mr. X initiates transfer back to Scammer. Accept the transfer from Mr. X Dispute the original transfer or otherwise cancel it through the netbank Mr. X cannot dispute his transfer to the Scammer, since it was genuinely and intentionally initiated by Mr. X. End up with twice the money, at the expense of Mr. X In other countries this is usually done with forged checks, but transfers can work just as well. As long as the transfer can be retroactively canceled or reversed - the scam works. You mentioned money laundering - this is definitely a possibility as well. They transfer dirty money to you from unidentified sources, and you send a \"\"gift\"\" to them with a clear paper trail. When the audit comes - the only proof is that you actually sent them the gift, and no-one will believe your story. You'll have to explain why the Mr. Z who's now in jail sent you a $1K of his drug money. However, in this case I think it is more likely a scam, and the scammer didn't really know what he was doing...\""}
{"_id": "181398", "title": "", "text": "My guess would be a black American express. Or, the accountants will make them switch out throughout the year to get maximum benefits. Sometimes, 1% maxes out at a certain amount, so they'll use a different CC every quarter or so."}
{"_id": "181405", "title": "", "text": "If there are idiots saying nasty things, they will say nasty things about your competitors as well. There will ALWAYS be unhappy people. However, if there are significantly more unhappy people for you than there are for a competitor, then they're not dumb - you are doing something wrong.  And you are right - you will sometimes disagree with the aggregate regarding relevant factors in judging a business. That happens, and there is currently nothing you can do about it. It does not diminish the value of the aggregate's opinion, though, for the vast majority of businesses."}
{"_id": "181412", "title": "", "text": "The trading industry is one that rakes in a lot of profit. But all the buying and selling can become a business management nightmare. To help you with it, we have SAP Business One ERP for Trading Industry. The manufacturing industry on the other hand, is also a very lucrative industry. But the buying of raw materials, machine and manpower can be hard to keep track of. That\u2019s why we\u2019ve introduced SAP Business One ERP for Manufacturing Industry. While these industries are mostly on a large scale or are a part of a large scale business, there are many that are on a smaller scale. We have SAP Business One ERP for Small Business, specifically for the small business out there. We also have SAP Business One ERP for Service based Industry, which has been specifically designed for the service based industry, keeping their requirements in mind.   SOFTCORE SOLUTIONS is a global software solutions provider with over 10 years of Industry experience. Since the year of 2007, our organization has been established as an authorized channel partner for SAP Business One. SOFTCORE SOLUTIONS has a successful track record for delivering on time, within budget, state-of-the-art IT solutions to a broad range of global clientele. From single problem applications to complete turnkey operations, SoftCORE Solutions delivers solutions to your doorstep. The Company's infrastructure allows it to implement projects on multiple platforms in India or abroad. The Company is involved in evolving software solutions in the latest technology areas. Company has excellent practical hands-on experience in database related business applications. It customizes software for specific application, environment &amp; roles. SOFTCORE SOLUTIONS builds &amp; delivers solutions with high quality of commitment and expertise"}
{"_id": "181416", "title": "", "text": "It would dilute, if not cripple, the ability of BlockBuster to pay for content.  Also, there would be no return in value for payments made to franchisees. What value add would a franchise location add?   Centralizing a decentralized operation is difficult without cutting everything but the core..."}
{"_id": "181423", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Homer Simpson buys a gun Description | From the simpsons season 9 episode 5 The Cartridge Family Length | 0:02:21           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "181425", "title": "", "text": "\"Because an equity option can be constructed at essentially any price by two willing counterparties on an exchange, there are not enough ISINs to represent the entire (i.e. infinite) option chain for even a single stock on a single expiration date.  As a result, ISINs are not generated for each individual possible options contract.  Instead the ISIN is used only to refer to the \"\"underlying\"\" symbol, and a separate formula is used to refer to the specific option contract for that symbol: So that code you pasted is not an ISIN but rather the standard US equity option naming scheme that you need to provide in addition to the ISIN when talking to your broker. Note that ISINs and formulas for referring to option contracts in other countries can behave quite differently.  Also, there are many countries and markets that don't need ISINs because the products in question only exist on a single exchange.  In those cases the exchange is pretty much free to make up whatever ID scheme it wants. P.S. Now I'm curious how option chains are identified for strike prices above $99,999.  I looked up the only stock I can think of that trades above that price (BRK.A), but it doesn't seem to have an option chain (or at least Google doesn't show it) ...\""}
{"_id": "181434", "title": "", "text": "As I understand it, the correct price is any point between the minimum the seller is willing to accept and the maximum the buyer is willing to pay.  These values are influenced by a number of factors, including market conditions, cost of production and immediate need. There's also a sense of fairness and expectation that influences these numbers. People don't want to pay a much higher price or accept a much lower price than they think the other party *should* agree to.  For example, in the event of a sudden actual or anticipated shortage in some commodity consumer good, say... gasoline, it would make sense for sellers to raise the price significantly. In the short term, consumers of gasoline are very price-insensitive and most will pay more than double the usual price to obtain it. This behavior is commonly seen as unfair on the part of the seller - to the point that certain variations of it are illegal in some jurisdictions. Economists would describe it as rational.  Oddly, people don't seem to be as upset about buyers offering low prices in the event of a sudden increase in highly motivated sellers. When people do tend to get upset is if the buyers have a profit motive; they know the price decrease is temporary and are willing to buy and hold the asset to make a profit later. Even so, it seems to me that it's much rarer for such behavior to be illegal.  The underlying objection, as far as I can tell is to what is perceived as greed."}
{"_id": "181445", "title": "", "text": "I think another problem is that even when information does come out, it is not presented in a way that most people can understand.  Many Kardashians followers don't know what a hedge fund is, what impact their management has on the markets, what different products exist on what markets, how all of this impacts the economy and the price of a 3d TV to see Kim's boobs in life size - or the price of food that is unaffordable to the down and out guy who's going to break into their middle class homes to steal their 3d TV."}
{"_id": "181447", "title": "", "text": "\"Putting this through my bullshit filter results in:  **Orbitz**:  \"\"*This isn't fair!!  Someone with a better product than ours is stealing our business*!!\"\"  Cry me a river Orbitz.  It seems to me like they're calling for more barriers to entry in new markets because they think their product is somehow unique from Google's.\""}
{"_id": "181458", "title": "", "text": "Then at what ratio of debt to gdp will we have to pay all our interest bills with monopoly money (assuming that bank reserves from the fed have less intrinsic psychological value than cash circulating in the private sector, and that if we start paying our interest bills with monopoly money it will drive massive speculation against the dollar)"}
{"_id": "181515", "title": "", "text": "Pensions in the UK are a real free-for-all. A few years ago, the government introduced stakeholder pensions to try and simplify things, but if anything it's just made things more complex. To give you an idea, everyone has access to a Basic state retirement pension, but there's also SERPS (state earnings related pension scheme) and the State second pension provided by the government. Then in the private sector there are the aforementioned Stakeholder pensions, Self Invested Personal Pensions, Final salary occupational pension schemes and Money purchase occupational pension schemes. For a good summary, take a look at this excellent Times article and for more details, have a look at the Pensions in the United Kingdom Wikipedia page or browse around the Which? retirement section or the moneysavingsexpert pensions pages. The main things to look out for are whether your company offers a defined benefits scheme, or a money purchase scheme where they offer pay additional contributions or offer to match your additional contributions. Either of these are likely to be better than just buying a money purchase scheme pension privately."}
{"_id": "181538", "title": "", "text": "You probably don't need to call the bank. Today is Sunday, so three days ago was probably Friday (or Thursday depending on how you count the days). Banks normally don't post transactions on weekends - and transactions that do happen on the weekend sometimes don't get posted until Tuesday. I would give it till Tuesday and then call them if you still don't see it show up on your account."}
{"_id": "181549", "title": "", "text": "How about finding a friend with Paypal and sending them the money so they can pay your bill using a card? Withdrawals from Paypal are typically instant now."}
{"_id": "181566", "title": "", "text": "The offered services by Raheja Revanta Gurgaon are too most modern amenities such as Swimming pool; Kids play area, Hospitals, Party... Raheja Revanta Located just off NH8 near the Intersection of Northern Periphery Road, Southern Periphery Road &amp; NH-8. In close vicinity of proposed Metro line."}
{"_id": "181569", "title": "", "text": "Have you spent any time in Singapore? Yeah, they have a strong economy, but for people to exist in it they have to really push it to the limit. Entire families living in a 2 bedroom apartment, for example. IDK, it didn't seem like the ideal place for anyone who doesn't have a professional career or isn't making lots of money in finance and business. Also, the culture is sucky. No good culture for people who want a rooted feel to the community. In fact, not much community at all. I would never want to live there, only visit."}
{"_id": "181574", "title": "", "text": "Depends what kind of expenses you intend to use this money for. If you plan to buy housing in the future (eg you're saving a deposit), then you need to ensure that the value doesn't deteriorate relative to the value of the housing you are likely to buy - so you could buy a Residential REIT, or buy some investment property. If you expect to use this money for food, then you should buy suitable assets (eg Wheat futures, etc). Link the current asset to the future expense, and you will be fine. If you buy Gold, then you are making a bet that Gold will retain its value compared to the thing you want to purchase in future. It doesn't matter what the price of Gold does in $US."}
{"_id": "181581", "title": "", "text": "\"For most, confidence comes with knowledge and experience. To understand more about how investing works, read articles about types of investments that you're interested in and browse the questions on this site. To gain experience, start with a \"\"paper money\"\" trading account. Most brokers will allow you to apply for a \"\"fake\"\" account so you can practice trading with simulated money. Once you've built up some confidence, you may wish to start investing a small amount of real money.\""}
{"_id": "181582", "title": "", "text": "\"There are two different companies named \"\"Volvo.\"\" The publicly-traded company with ticker symbol VOLV-B is called Volvo Group, or AB Volvo.  They primarily build trucks, buses, and construction equipment. The company that makes the Volvo branded cars is called Volvo Cars.  It is a privately-held company currently owned by the Chinese Geely Holding Group. It was all one company until 1999, when AB Volvo sold off its car brand to Ford.  Because of the history, the two companies share the same logo.\""}
{"_id": "181583", "title": "", "text": "When they need more capital and it becomes cheaper to finance that capital through an IPO rather than taking out more debt. There certainly isn't a magic point at which they *should* go public.  On the other hand, I have a feeling that Musk is probably more than content to not have to do IR for Spacex alongside Tesla, so I doubt we'd see it for quite some time."}
{"_id": "181585", "title": "", "text": "That doesn't explains the decade in between, the revenue sharing agreement and lawsuit, the competition before the IPO etc.  They didn't have the lawsuit and final split because one branch wanted an IPO, they had it because of the revenue sharing agreement pissing off the consulting partners.  Accenture does compete with the Big 4 in the consulting space, especially Deloitte and EY. Why do you think otherwise?"}
{"_id": "181588", "title": "", "text": "Investment in public infrastructure is different than subsidy to private companies. Comparison to the interstate system here is irrelevant.   The state of Wisconsin is giving a company $230k per worker per year in tax breaks for jobs that will pay the workers $53k per year. There is no tax rate that can earn that investment back for the state. In fact, that state income tax rate on these salaries is 6.27%. Even considering all of the additional jobs that will be created for construction and as an effect of having a large employer in the area, this investment will never pay for itself in terms of taxes generated."}
{"_id": "181600", "title": "", "text": "You know, it's always been a thing that in important pieces of journalism, you start towards the end (that's where the goodies are)...  So, the way Forbes.com is, I went ahead and assumed that you were right, so skipped to 2nd page (didn't read 1st page, and probably you're right &amp; it was fluff, so thanks for taking one for the team on that).  ...Anyway, here's the key sections from 2nd page:  &gt;  **Alsin: Can you talk a little about the scope of the problem? **  &gt;  [Nick Hanauer]  The nation now spends on the order of twice as much on stock buybacks as it does on all R&amp;D.  &gt;  You can not build the kind of high-growth economy that we deserve, if you're pissing away 4%... You're basically burning 4% of GDP on stock buybacks, in this giant shell game. This sort of financial merry-go-round benefiting a few owners, a few corporate executives, and Wall Street.  &gt;  It's among the most corrosive and corrupt practices in an already pretty corrosive and corrupt economy.  ... (con't)  &gt;  You're not going to get there by asking people nicely.  The nation now spends on the order of twice as much on stock buybacks as it does on all R&amp;D.  &gt;  Look, one of the reasons that productivity is low, and business cycles are relatively anemic is that we went from a regime where it was very, very difficult and expensive to take money out of companies to reward shareholders and executives, to a world where it's incredibly easy.  &gt;  So just by way of anecdote -- when I grew up in my family business, we had this fantastic tax-evasion strategy that my dad employed, which was we invested everything back in the business.  &gt;  We kept profits to a minimum, because if we had high profits, we would have to pay high taxes. So at every opportunity, we bought another machine or we opened another plant or we hired more people, to try to build long term value through expansion because that was the way you avoided tax.  &gt;  Dividends were impossibly expensive. Buybacks -- you couldn't do that. Corporate tax rates were very, very high. All of that's gone away, and now you've basically given corporate executives and owners incentives to just suck all the money out of businesses and into their own pockets, and stock buybacks are a really big component of that.  &gt;  Corporate executives are always complaining about -- well we have to do something with the cash, because there's no place to invest the cash. Well, one of the reasons there's no place to invest the cash is that wages as a percentage of GDP have fallen by so much that workers can't afford to buy anything any more. If instead of doing stock buybacks with that 700 billion dollars, that corporations use that 700 billion dollars to raise wages for workers, those workers would then buy a ton more, which would require capital to go out and expand to meet that demand."}
{"_id": "181608", "title": "", "text": "I can't quite follow your question, so I'm proceeding under the following assumptions: - You paid \u00a331,000 - Your partner paid \u00a34,242 - You have at least one mortgage, which you both pay equally. If the relationship terminates, sell the property. You are reimbursed \u00a331,000 and your partner is reimbursed \u00a34,242. Any remaining proceeds from the sale are split 50-50. If the result is a net loss (i.e. you are underwater on your mortgage), you split the debt 50-50. If you are not both paying the same toward the mortgage, I'd split the profit or loss according to how much you each pay toward the mortgage. Of course, this is not the only possible way you can split things up. You can use pretty much any way you both think is fair. For example, maybe you should get more benefits from a profit because you contributed more up-front. The key thing, though, is that you must both agree in writing, in advance. This is reasonable; this is what I did, for example. Note that if the relationship ends, one or the other of you may wish to keep the property. I'd suggest including a clause in your written agreement simply disallowing this; specify criteria to force a sale. But I know lots of people are happy to allow this. They treat that situation as a forced sale from both people to one person. For example, if your partner chooses to stay in the house, he or she must buy the property from you at prevailing market rates."}
{"_id": "181610", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://hodlthemoon.com/blog/cash-in-contango-bitcoin-enters-the-post-dream-world) reduced by 75%. (I'm a bot) ***** &gt; Bitcoin: Cash or Commodity? Despite the name of Satoshi&amp;#039;s white paper, bitcoin is currently thought too volatile to be a currency or cash system for everyday transactions.  &gt; So the investor will consider the opportunity cost of alternatives when looking at the bitcoin price: and holding normal cash in the era of historically low growth, low productivity and no return on money; foregoes the opportunity of cryptocurrency.  &gt; If bitcoin has commoditized money, then the investor holding stable cash must be anticipating an unforeseen event whereby its forward value makes it higher than today&amp;#039;s - otherwise why keep it?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6p2f43/cash_in_contango_bitcoin_enters_the_post_dream/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~173773 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bitcoin**^#1 **Commodity**^#2 **Cash**^#3 **money**^#4 **Satoshi&amp;#039;s**^#5\""}
{"_id": "181611", "title": "", "text": "The point is to provide for yourself in retirement, so it makes sense that these withdrawals would be penalized. Tax deferred accounts are usually created for a specific cause. Using them outside of the scope of that cause triggers penalties. You mentioned 401(k) and IRA that have age limitations because they're geared towards retirement. In the US, here are other types, and if you intend to spend money in the related areas, they may be worth considering. Otherwise, you'll hit penalties as well. Examples: HSA - Health Savings Account allows saving pre-tax contributions and gains towards medical expenses. You must have a high deductible health plan to be eligible. Can be used as IRA once retired. 529 plans - allow saving pre-tax gains (and in some states pre-tax contributions) for education expenses for you or a beneficiary. If a beneficiary - contributions are considered a gift. There's a tax benefit in long term investing in a regular taxable brokerage accounts - long term capital gains are taxed at a preferable (lower) rate than short term or ordinary income. The difference may be significant. Long term = 1+ year holding. The condition here is holding an investment for more than a year, and there's no penalty for not satisfying it but there's a reward (lower rates) if you do."}
{"_id": "181616", "title": "", "text": "Per Md. REAL PROPERTY Code Ann. \u00a7 8-203: (d)      (1)      (i)      The landlord shall maintain all security   deposits in federally insured financial institutions, as defined in \u00a7   1-101 of the Financial Institutions Article, which do business in the   State. (ii)      Security deposit accounts shall be maintained in branches of the financial institutions which are located   within the State and the accounts shall be devoted exclusively to   security deposits and bear interest. (iii)      A security deposit shall be deposited in an account within 30 days after the landlord receives it. (iv)      The aggregate amount of the accounts shall be sufficient in amount to equal all security deposits for which the   landlord is liable. (2)      (i)      In lieu of the accounts described in paragraph (1) of this subsection, the landlord may hold the security   deposits in insured certificates of deposit at branches of federally   insured financial institutions, as defined in \u00a7 1-101 of the Financial   Institutions Article, located in the State or in securities issued by   the federal government or the State of Maryland. (ii)      In the aggregate certificates of deposit or securities shall be sufficient in amount to equal all security   deposits for which the landlord is liable. As such, one or more accounts at your preference; it's up to the bank how to treat the account, so it may be a personal account or it may be a 'commercial' account depending on how they treat it (but it must be separate from your personal funds).  A CD is perhaps the easiest way to go, as it's not a separate account exactly but it's easily separable from your own funds (and has better interest).  You should also note (further down on that page) that you must pay 3% interest, once per six months; so try to get an account that pays as close as possible to that.  You likely won't get 3% right now even in a CD, so consider this as an expense (and you'll probably find many people won't take security deposits in many situations as a result)."}
{"_id": "181624", "title": "", "text": "There's no one answer. You need to weigh the fees and quality of investment options on the one side against the slowly vesting employer contribution and tax benefits of 401k contributions in excess of IRA limits."}
{"_id": "181652", "title": "", "text": "If you have self-employment income you can open a Solo 401k.  Your question is unclear as to what your employment status is.  If you are self-employed as an independent contractor, you can open a Solo 401k.  You can still do this even if you also earn non-self-employment income (i.e., you are an employee and receive a W-2).  However, the limits for contributions to a Solo 401k are based on your self-mployment income, not your total income, so if you have only a small amount of self-employment income, you won't be able to contribute much to the Solo 401k.  You may be able to reduce your taxes somewhat, but it's not like you can earn $1000 of self-employment income, open a Solo 401k, and dump $5000 into it; the limits don't work that way."}
{"_id": "181657", "title": "", "text": "\"You should look at the opportunity cost for your money (i.e. what kind of return it could generate otherwise).  We took advantage of these types of offer (zero interest for x months) in the past with the goal to redirect the money to the mortgage (it was 7.5% back then) and we made sure we don't get hosed by the surprisingly high interest rate by having a big reminder in the bulletin board in the kitchen to make sure we pay off the money before the interest rate kicks in.  So we basically reduced our interest on the mortgage during that period.  Oh - we use an all-in-one account (Manulife One) so that was real nice. I would stay away from those \"\"interest-deferred\"\" offers - it's totally not worth it.\""}
{"_id": "181673", "title": "", "text": "Why would a shareholder lend the investor the shares? Some brokers like IB will pay you to lend your shares: http://ibkb.interactivebrokers.com/node/1838 If you buy shares on margin, you don't have much of a choice. Your broker is allowed to lend your shares to short-sellers."}
{"_id": "181678", "title": "", "text": "I think the OP is getting lost in designations.  Sounds to me that what he wants is a 'financial advisor' not an 'investment advisor'.  Does he even have investments?  Does he want to be told which securities to buy?   Or is he wanting advice on overall savings, insurance, tax-shelters, retirement planning, mortgages, etc.  Which is a different set of skills - the financial advisor skill set. Accountants don't have that skill set.  They know operating business reporting, taxes and generally how to keep it healthy and growing.  They can do personal tax returns (as a favour to only the owners of the business they keep track of usually). IMO they can deal with the reporting but not the planning or optimization. But IMO the OP should just read up and learn this stuff for himself.  Accreditation mean nothing.  Eg.  the major 'planner' brand teaches factually wrong stuff about RRSPs - which are the backbone of Canadian's finances."}
{"_id": "181696", "title": "", "text": "Generally a great list, though I have one complaint: managers that *aren't* willing or able to tell people to take a discussion off-line are the bane of my existence. This is the number one most important skill for leading any meeting."}
{"_id": "181697", "title": "", "text": "If this is a pre-authorized automatic billing, and if you have signed any contract with the  merchant, cancelling may not block any future charges from the merchant.  Happens with gyms, magazines, memberships quite often. There is a time period after the cancellation this will occur, then it'll be completely dead."}
{"_id": "181732", "title": "", "text": "\"You can use the 6900 to make an investment.  Or to buy something.  That's why people keep reminding you that you could make interest.  Because most people think of either 7200 now or paying the same 7200 over time.  So you could just be storing the 7200 under the mattress until you pay it out.  Obviously in that case, inflation doesn't matter (\"\"is not applicable\"\").  You've given up the use of the 7200 from the beginning.   Think of it instead as 7200 now and twenty-three payments of 300 each.  So 14,100 total.  Then you can spend 6900 on something else at the beginning or spend 300 a month on other things.  The difference between spending 6900 now and 300 in each of twenty-three months would be measured in inflation.  Of course, this requires you to have both 7200 now and an income stream producing at least 300 a month.   Another way of doing things is to take 6900 and invest it.  Each month you remove 300 and use it to make a payment.  We're now back to just one 7200, plus the interest over time.  I would argue that this is still an inflation advantage.  It's just that instead of spending the money, you invested it.  And that of course is your prerogative.   The point being that you would not have that opportunity if you paid up front.   Now to calculate the difference in monthly payments of 300 euro using the above webpage what should I do?   As already said, you would have to calculate twenty-three values and then sum them with the 300 you pay up front in the monthly.   There are other ways to calculate it, if you are not using that particular tool.  For example, there are formulas to calculate the net present value of an annuity.  E.g. see Investopedia.   Where: P = the present value of an annuity stream PMT = the dollar amount of each annuity payment r = the inflation rate n = the number of periods in which payments will be made Investopedia talks about interest rates, but you can put inflation there for this purpose.  In that case, r might better be called the \"\"discount rate\"\".   PMT is 300. r is whatever estimate you are using for inflation.  E.g. .003 per period. n is 23.   Note that the monthly inflation rate is smaller than the annual rate.  So .003 is about 3.66% annually.  3.04% annually is more like .0025 a month.   I found calculators for this with search terms \"\"present value of annuity calculator\"\".  Some of the calculators will take the annual rate (3.66%) and number of periods per year as input.  Or the calculator may take a monthly rate as a percentage (.3%) rather than as a decimal (.003).  So be careful of the inputs.   This gives me a net present value (NPV) of 6,657.69 for the 23 payments of 300, assuming .3%.  Or 6957.69 is the NPV of the monthly payments and 7200 is the NPV of the 7200 up front.   Obviously if you can pay less than 6957.69 up front rather than 7200, then it makes more sense to pay up front.   Even without a discount though, it still may make more sense to pay up front.   How much those intangibles are worth is up to you.\""}
{"_id": "181749", "title": "", "text": "So you will be saving $450 + price of commuting gas - cost of transportation + cost of commuting maintenance - the cost of recreational car rentals if decide to go without a car.  For some people that cost is not enough to forego the convenience of owning a car. One factor you have not alluded too is your current financial goals.  Are you attempting to live a spartan lifestyle in order to dramatically change your net worth?  Give up the car.   There really is more then the math you are presenting so the decision is very much based upon your behavior and your goals in life.  It is very likely that owning the car will be more expensive, but it will also be less convenient.  Is that cost great enough to forego the convenience?  Only you can decide."}
{"_id": "181757", "title": "", "text": "The way that credit card transactions happen are: In your example, the card is authorized for the charge but the transaction never actually moves on to the next step. However, your available credit should drop by whatever the authorized amount is and this will not disappear until it naturally goes away when the transaction does not move onto the next step."}
{"_id": "181787", "title": "", "text": "It is not wasted: it bought you peace of mind. Perhaps you would have had peace of mind without it, because of the particular industry you are in. But people from any industry can get sick or give birth, and not all industries are as evergreen as people think. A number of my onetime programmer colleagues now drive a truck or run a farm because new programming jobs weren't as easy to get as they once were. Like any insurance, it can't be affordable if it is bought only by those who think they will need it. The premiums you pay, in addition to giving you peace of mind, lower the premiums your neighbours pay. That contributes to social harmony. When your neighbours collect EI while looking for another job, they aren't tempted to turn to crime or legal-but-not-savoury ways to earn money. You probably like that, too. The fact they didn't get to choose whether or not to contribute means that they will be covered even if they aren't prudent and forward-looking people, which again is a benefit for you. And BTW, employers pay $1.40 in premiums for every dollar you pay. And we never collect. It's not for us. But we pay it."}
{"_id": "181792", "title": "", "text": "\"Well, this relates to how you interpret something's value. We can use that magazine and restaurant as an example. For you the extra $10-$30 more on a decent meal or wine is worth it while $5 for a magazine entertainment on a train ride might not be. This is how all markets work, people make decisions about how they value something and hence choose to spend or not. If you're asking \"\"should I value certain things the way I do?\"\" well that's a different story  e.g. should I keep that picture frame for years in the attic to sell it for $3 on eBay later. (probably not worth it) But again you are making that decision based on how YOU choose to value it. So to answer your question: How can I possibly care about this when my stock portfolio is losing (or gaining) $1000 a day? and is it normal? Yes it is normal and we all care. Everyone makes these decisions throughout each day, people will vary as to what they value something to be, but all in all everyone does just what you explained. Here is something that you may find interesting it is about how we value money: What color is your money? if the pdf doesn't work for you then try this link: What color is your money alt link\""}
{"_id": "181802", "title": "", "text": "Good, cause their hardware sucked.....  Poor BB :(. I still support you though I still maintain that your claim to fame was push-email, BIS and Exchange server integration. The fact that you were the first email device was your differentiating advantage. Then you had to go try that Blackberry storm nonsense...."}
{"_id": "181812", "title": "", "text": "Vamos paella is a unique culinary concept where our chefs will be cooking paella and tapas live at your gathering. You read that right! It\u2019s time to unwind and enjoy yourself in good company while our dedicated team takes care of all your Paella party needs. With a strong passion for fine food and excellent service, the team at Vamos paella would be delighted to help create and share the experience of putting together a truly special Paella catering event. Click here for more details: http://clickbanksuccessforum.com/forum/profile.php?mode=viewprofile&amp;u=21699"}
{"_id": "181816", "title": "", "text": "\"Pete B mentioned adjusting your payments using the Debt Snowball Method and I agree it is one possible solution, another being the Debt Avalanche Method. Here is a link that describes both.  There was a time in my past when I had 17 credit lines open totaling about $12,000. If I had paid them the way the banks asked (minimum monthly payments) it would have taken decades to pay off. Then I was shown these two techniques and as a result I was able pay them down rapidly and close all but 2 lines within 5 years. Like others I am going to say that if you already own your house free and clear never Never NEVER put a loan on it unless the loan is (a) to improve the house, or (b) a life & death emergency. If you get sick or fired and miss even a single payment on a HELOC you could lose your house forever and that just plain sucks. Not only will you then be forced into renting a place (money down the drain) but your credit rating will take such a huge hit it will be years (if ever) before you can even try and buy a new home.  Debts come and go, as do the \"\"toys\"\" and other things we buy with that debt. Homes are security & stability for tomorrow. Never give that up for a little ease & comfort today. UPDATE: I had to go looking for it but here is some software that I used all those years ago to figure out my strategy for paying down all my credit bills. It's a bit clunky but it's super easy to use plus it has some other variations on snowball and avalanche methods as well. I definitely found it helpful.\""}
{"_id": "181819", "title": "", "text": "We partnered with BarkBox, a popular pet toy and treat service, and our residents can choose it with their move-in gift. We have several different types of move-in gifts too such as the live healthier fitbit move-in gift, or an interior design option with an outside company called Laurel &amp; Wolf. Or they can choose their move-in gift to go to their pet, such as BarkBox"}
{"_id": "181821", "title": "", "text": "What the heck is a CBV?  I've worked in finance (in an investment decisionmaking capacity) for over ten years, and I've never heard of it.  But that's just me.  Either way, you're a degree and four years short of earning a CFA, so no reason to worry too much about it right now.  Securing a position in finance where you'll have investment decisiomaking responsibility should be your #1 focus right now if you want to earn that designation."}
{"_id": "181825", "title": "", "text": "Would you like to make an impact on others in the community and get paid for doing it? Well, one of the best ways of doing so is by starting a group home for foster children. Maybe you want to target foster children that have been removed from their homes and are between the ages of 5 and 10 years old. You may think that this is a target age range that will allow you to really positively impact their lives. Once you have done this, you are halfway there. So move ahead and join your hand for the noble cause."}
{"_id": "181827", "title": "", "text": "First: In most cases when you inherit stocks the cost basis is stepped up to the date of the death of the person you inherited them from. So the capital gain/loss is likely reset to zero. The rules vary a bit for joint accounts, but retirement accounts (401k/ROTH) are considered individual accounts by the IRS. The rules on this have changed a lot in recent history, so it may depend on when he died. Update: As JoeTaxpayer pointed out and I confirmed via this site , the gains are NOT stepped up for retirement accounts, so this is a moot point anyway.  Further evidence that retirement accounts can be complicated and seeking professional guidance is a good idea. ...[T]here is no step-up in cost basis   upon the death of the IRA owner. Most   other assets owned by an individual   receive a step-up in cost basis upon   the death of the person, eliminating   all capital gains on those assets up   to that point in time. Second:  Even if you can deduct an investment (capital) loss, you can only deduct it to offset capital gains on another investments. Also you can only do this up to $3k per year, though you can roll over excess capital losses into future years. Bottom line: I really doubt you are going to be able to claim a deduction. However, due to the complexity of the situation and the amount of money involved. I strongly suggest you talk to a qualified tax adviser and not rely solely on information you gather through this site."}
{"_id": "181855", "title": "", "text": "\"Well, I answered a very similar question \"\"Credit card payment date\"\" where I showed that for a normal cycle, the average charge isn't due for 40 days. The range is 35-55, so if you want to feel good about the float just charge everything the day after the cycle closes, and nothing else the rest of the month. Why is this so interesting? It's no trick, and no secret.  By the way, this isn't likely to be of any use when you're buying gas, groceries, or normal purchases. But, I suppose if you have a large purchase, say a big TV, $3000, this will buy you extra time to pay. It would be remiss of me to not clearly state that anyone who needs to take advantage of this \"\"trick\"\" is the same person who probably shouldn't use credit cards at all. Those who use cards are best served by charging what they can afford to pay at that moment and not base today's charges on what paychecks will come in by the due date of the credit card bill.\""}
{"_id": "181880", "title": "", "text": "There's quite a lot of investment in battery tech right now. Batteries with 2 to 4 times the energy density of Li-ion are now in production, though not for sale yet. People are working on fast charging and long life battery tech too.  And there are a number of flow battery technologies, where the electrolytes are like fuel, and the power extraction unit is like an engine. These may never be suitable for vehicles, but they can store huge amounts of energy for months.   Also there are some very high energy density batteries that are non-rechargeable but where the solid electrolytes are replaceable and recyclable. These have energy density close to that of gasoline."}
{"_id": "181909", "title": "", "text": "\"The Yahoo Finance API is no longer available, so Finance::Quote needs to point at something else.  Recent versions of Finance::Quote can use AlphaVantage as a replacement for the Yahoo Finance API, but individual users need to acquire and input an AlphaVantage API key. Pretty decent documentation for how to this is available at the GnuCash wiki. Once you've followed the directions on the wiki and set the API key, you still need to tell each individual security to use AlphaVantage rather than Yahoo Finance: As a warning, I've been having intermittent trouble with AlphaVantage.  From the GnuCash wiki:  Be patient. Alphavantage does not have the resources that Yahoo! did and it is common for quote requests to time out, which GnuCash will present as \"\"unknown error\"\". I've certainly been experiencing those errors, though not always.\""}
{"_id": "181924", "title": "", "text": "Option prices are computed by determining the cost of obtaining the option returns using a strategy that trades the underlying asset continuously.  It sounds like what you are describing is rapidly trading the option in order to obtain returns similar to those of the stock.  The equality goes both ways.   If the option is appropriately priced, then a strategy that replicates stock returns using the option will cost the same as buying the stock. Because you can't trade continuously, you won't actually be able to replicate the stock return, and it may seem like you are making arbitrage profit (puts may seem abnormally expensive), but you do so by bearing tail risk (i.e., selling puts loses more money than owning the associated stock if an unusually bad event occurs)."}
{"_id": "181942", "title": "", "text": "My understanding is that EWU (and EWUS) are both traded on US stock markets (NYSE & BATS), and as such these are not classified as PFIC. However, they do contain PFICs, so iShares takes the responsibility of handling the PFICs they contain and make adjustments in December. This contains the information about the adjustments made in 2016. https://www.ishares.com/us/literature/tax-information/pfic-2016.pdf On page 106 of the statement of the summary information they describe how they handle paying the necessary tax as an expense of the fund. https://www.ishares.com/us/library/stream-document?stream=reg&product=WEBXGBP&shareClass=NA&documentId=925898~926077~926112~1180071~1242912&iframeUrlOverride=%2Fus%2Fliterature%2Fsai%2Fsai-ishares-trust-8-31.pdf (I'm not a tax professional)"}
{"_id": "181949", "title": "", "text": "people claim that these sites are scams  I would like to know which idiots or which website says so. And I would say you haven't done your research properly. At the bottom of the page you can see this, on IG's website, very important quote authorised and regulated by the Financial Conduct Authority Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority Secondly you go and check the authencity of the firm in question on this link. your money in, you might as well kiss it goodbye This might be true because they trade in products, which if you don't understand you will more or less will loose your money. N.B. I have an account with IG for the past 5 years and they haven't scammed me yet."}
{"_id": "181953", "title": "", "text": "Education is totally depending on the skills and mindset of the student. Many many students can be self taught and/or are motivated to learn. They don't need teachers.  Then there are those who want to learn, but have difficulties. They need teachers, but probably one-on-one.  The rest are mostly in school just because they have to.  So, yes, we will need schools and teachers mostly for the later - students who, given a chance, will not learn anything."}
{"_id": "181961", "title": "", "text": "If you withdraw all (or most) of your pension 25% is tax free but the rest is treated as income upon which you will pay income tax at the usual UK rates. Withdrawing a lump sum to buy property is therefore unlikely to be 10% per annum as you'll spend years making up lost ground on the initial capital investment. If your pension is a self invested personal pension (a SIPP) you could buy property within the pension wrapper itself which would avoid the income tax hit. if you don't have a SIPP you may be able to convert your pension to a SIPP but you would be wise to seek professional advice about that. The UK government is also introducing an additional 3% stamp duty on properties which are not your first home so this may further impact your returns. This would apply whether you withdraw your pension as cash or buy the property within a SIPP. One other alternative to an annuity in the UK is called drawdown where you keep the money invested in your pension as it is now and withdraw an annual income. This means your tax bill is reduced as you get to use your annual allowance each year and will also pay less higher rate tax. The government provides more details on its website."}
{"_id": "181965", "title": "", "text": "The cost of a computer has dropped so much over the years that even the price difference is not much if you prefer Mac for any reason be it style, ux, software, support, or ecosystem. This is not even including how dell and HP induced decision paralysis on the buyers."}
{"_id": "181974", "title": "", "text": "Walmart can afford to pay more, they just choose not to because it's legal to keep their workforce underemployed. The profits Walmart posts every quarter exceed the drain on public services their employees create. What really grinds my gears is that paying an employee a fair wage tends to attract much more talented and dedicated workers who will be much more productive than the warm bodies currently running the place."}
{"_id": "181985", "title": "", "text": "\"To keep it simple, let's say that A shares trade at 500 on average between April 2nd 2014 and April 1st 2015 (one year anniversary), then if C shares trade on average: The payment will be made either in cash or in shares within 90 days. The difficulties come from the fact that the formula is based on an average price over a year, which is not directly tradable, and that the spread is only covered between 1% and 5%. In practice, it is unlikely that the market will attribute a large premium to voting shares considering that Page&Brin keep the majority and any discount of Cs vs As above 2-3% (to include cost of trading + borrowing) will probably trigger some arbitrage which will prevent it to extend too much. But there is no guarantee. FYI here is what the spread has looked like since April 3rd:  * details in the section called \"\"Class C Settlement Agreement\"\" in the S-3 filing\""}
{"_id": "182004", "title": "", "text": "\"One idea that wouldn't require getting into any special \"\"SMS-only\"\" type of software project is to just use email groups - for example, to send an SMS message to a Verizon customer you can email using their phone number like 1234567890@vtext.com.    So \"\"Joe\"\" might have an email address of joe@company.com but you could create a new contact named \"\"SMS-Joe\"\" that has the cell phone email address.   Look up what domain name each cell carrier uses for that purpose on the page below, put a bunch of those into an email group and 'text' away.    https://www.digitaltrends.com/mobile/how-to-send-e-mail-to-sms-text/\""}
{"_id": "182010", "title": "", "text": "The best answer to your question would to be what the interest rates are like in Australia itself.  The Reserve Bank sets the target \u2018cash rate\u2019, which is the market   interest rate on overnight funds. It uses this as the instrument for   monetary policy, and influences the cash rate through its financial   market operations. Decisions regarding the cash rate target are made   by the Reserve Bank Board and explained in a media release announcing   the decision at 2.30 pm after each Board meeting. (Prior to December   2007, media releases were issued only when the cash rate target was   changed.) From Investopedia: How Rates Are Calculated  Each central bank's board of directors controls the monetary policy of its    country and the short-term prime   interest rate that banks use to borrow from each other. When the   economy is doing well, interest rates are hiked in order to curb   inflation and when times are tough, cut rates to encourage lending and   inject money into the economy. Have a look at this from graph from http://www.rba.gov.au/monetary-policy/int-rate-decisions/ I would then go to a website that allows you to compare, graphically, whichever interest rate you want.(Or you could get the raw data and run some analysis, to each his own)  FYI, this topic (FX) is incredibly complex and I hope my answer satisfies your needs.Otherwise, talk to a quant. You will need a ton of data inputs to model the entire economy of Australia to try and predict what the central bank will do, which is what people try and do everyday. Best of luck!"}
{"_id": "182039", "title": "", "text": "One thing you may be missing is the possibility of a special assessment on the condo. If the foundation cracks, you may be looking at tens of thousands to cover it. This would largely depend on the condo board's reserve funds. Speaking of reserve funds, have you remembered to factor in condo fees? You may also be forgetting to factor in property taxes and closing costs (legal fees and realtor fees). The latter, you'll have to pay when buying and when selling. Now, ten years is a good length of time. If your mother really will live in the condo for ten years, there's a very good chance it does indeed make more sense to buy than to rent. It's very possible you already factored in everything I mentioned above."}
{"_id": "182042", "title": "", "text": "\"The fund will take a small percentage of its assets to cover the expenses.  Reported returns come after the expense ratio has been factored into things. Money market mutual funds can have a zero yield in some cases though breaking the buck can happen in some cases as noted on Wikipedia: The first money market mutual fund to break the buck was First   Multifund for Daily Income (FMDI) in 1978, liquidating and restating   NAV at 94 cents per share. An argument has been made that FMDI was not   technically a money market fund as at the time of liquidation the   average maturity of securities in its portfolio exceeded two years.[7]   However, prospective investors were informed that FMDI would invest   \"\"solely in Short-Term (30-90 days) MONEY MARKET obligations.\"\"   Furthermore, the rule, which restricts the maturities which money   market funds are permitted to invest in, Rule 2-a7 of the Investment   Company Act of 1940, was not promulgated until 1983. Prior to the   adoption of this rule, a mutual fund had to do little other than   present itself as a money market fund, which FMDI did. Seeking higher   yield, FMDI had purchased increasingly longer maturity securities and   rising interest rates negatively impacted the value of its portfolio.   In order to meet increasing redemptions the fund was forced to sell a   certificate of deposit at a 3% loss, triggering a restatement of its   NAV and the first instance of a money market fund \"\"breaking the   buck\"\". The Community Bankers US Government Fund broke the buck in 1994,   paying investors 96 cents per share. This was only the second failure   in the then 23-year history of money funds and there were no further   failures for 14 years. The fund had invested a large percentage of its   assets into adjustable rate securities. As interest rates increased,   these floating rate securities lost value. This fund was an   institutional money fund, not a retail money fund, thus individuals   were not directly affected. No further failures occurred until September 2008, a month that saw   tumultuous events for money funds. However, as noted above, other   failures were only averted by infusions of capital from the fund   sponsors. Thus consider how likely is Fidelity Investments prepared to have people question how safe is their money with them which is why fund sponsors rarely break the buck.\""}
{"_id": "182055", "title": "", "text": "This directly relates to the ideas behind the yield curve. For a detailed explanation of the yield curve, see the linked answer that Joe and I wrote; in short, the yield curve is a plot of the yield on Treasury securities against their maturities. If short-term Treasuries are paying higher yields than long-term debt, the yield curve has a negative slope. There are a lot of factors that could cause the yield curve to become negatively sloped, or at least less steep, but in this case, oil prices and the effective federal funds rate may have played a significant role. I'll quote from the section of the linked answer that describes the effect of oil prices first: a rise in oil prices may increase expectations of short-term inflation, so investors demand higher interest rates on short-term debt. Because long-term inflation expectations are governed more by fundamental macroeconomic factors than short-term swings in commodity prices, long-term expectations may not rise nearly as much as short term expectations, which leads to a yield curve that is becoming less steep or even negatively sloped. As the graph shows, oil prices increased dramatically, so this increase may have increased expectations of short-term inflation expectations substantially.  The other answer describes an easing of monetary policy, e.g. a decrease in the effective federal funds rate (FFR), as a factor that could increase the slope of the yield curve. However, a tightening of monetary policy, e.g. an increase in the FFR, could decrease the slope of the yield curve because a higher FFR leads investors to demand a higher rate of return on shorter-term securities. Longer-term Treasuries aren't as affected by short-term monetary policy, so when short-term yields increase more than long-term yields, the yield curve becomes less steep and/or negatively sloped. The second graph shows the effective federal funds rate for the period in question, and once again, the increase is significant.  Finally, look at a graph of inflation for the relevant period.  Intuitively, the steady increase in inflation from 1975 onward may have increased investors expectations of short-term inflation, therefore increasing short-term yields more than long-term yields (as described above and in the other answer). These reasons aren't set in stone, and just looking at graphs isn't a substitute for an actual analysis of the data, but logically, it seems plausible that the positive shock to oil prices, increases in the effective federal funds rate, and increases in inflation and expectations of inflation contributed at least partially to the inversion of the yield curve. Keep in mind that these factors are all interconnected as well, so the situation is certainly more complex. If you approve of this answer, be sure to vote up the other answer about the yield curve too."}
{"_id": "182057", "title": "", "text": "\"&gt;  If the stock price goes down it wouldn't make sense that ABC had a higher dividend yield, so my argument was you have to make assume the stock price went down because it could have cost less for other reasons, but you don't have to assume the dividend yield which would make it a good investment.   I'm not sure I understand your argument. The wording doesn't seem clear to me (\"\"you have to make assume\"\"? make assume? \"\"but you don't have to assume the dividend yield\"\" assume it what?)  Dividend yield has a negative correlation with stock price. If price goes down, all else being equal, yield rises.\""}
{"_id": "182065", "title": "", "text": "Sorry for your loss. If the insurance money is now in an account under your names, you can might be able to withdraw the money. You should put a country tag and state tag on your question. EDIT: my initial response might incorrect -- see comments below. This is going to be state speficic and the amounts may be relevant. Best to seek professional advice!"}
{"_id": "182069", "title": "", "text": "\"Keep in mind that a *lot* of \"\"news\"\" content is wholly written by PR people on behalf of organizations and handed over to editorial departments for publishing. It's not the worst thing. News outlets get free content, the organization gets exposure, and we get more content to read that doesn't cost us or the publisher anything. Only problem is that sometimes you get an article like this one that's a little obvious with the praise for a given brand.\""}
{"_id": "182084", "title": "", "text": "In the UK it is illegal to discriminate against people on the basis of gender.  i.e. if you hire a man and pass over a woman of equal or better qualification you have committed an offence.  Obviously I have no issue with that - I just wish it was less crippling when people have kids."}
{"_id": "182111", "title": "", "text": "Sure, the bible says you should stone gays. Do you see a bunch of people stoning gays? No. But the Koran's peeps, well, they're acting out the Koran's commands to the T.   Did you read any of that link on the Koran, or do you need me to cut and paste some of the verses? I think you will find them interesting unless your mind is closed off.   Is racist your favorite word?"}
{"_id": "182118", "title": "", "text": "Does it teach anything else other than the DCF approach?  I've already learned that in on of my financing courses. I'm more interested in the more exotic valuation techniques, and how to use and weigh multiple techniques for valuation."}
{"_id": "182161", "title": "", "text": "I sold mine in 2011 for $1300 (used, with box, plaque sticker not applied).  They peaked around Force Awakens, similar to the one I sold were going for over $2000 and NIB over $3000.    Unfortunately, I have a feeling the new set is going to depress the resale of 10179."}
{"_id": "182164", "title": "", "text": "&gt;Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.\u201d  Funny how that defunct economist became Keynes himself. Die the hero or live long enough to see yourself become the villain."}
{"_id": "182168", "title": "", "text": "It's not quite clear what you are asking, so I'll answer a few possible interpretations. Businesses pay taxes on their profits. So if your business took a million pounds in revenue (e.g. sold a million pounds worth of stuff) then you would subtract (roughly speaking) everything the business spent on making and selling that stuff, and pay taxes only on the profit. VAT however is a different matter, and you would have to pay VAT on all of that income (technically the VAT portion isn't even income - it's tax you are forced to collect on behalf of the government). If your business made a million pounds pounds profit, it would pay tax on all of that million (subject to what a tax accountant can do to reduce that, which ought to be considerable).  You can't subtract your personal living expenses like that. However the company can pay you a salary, which counts as an expense and the company doesn't pay tax on that. You might also take some money from the company as dividends. Both salary and dividends count as personal income to yourself, and you will need to pay personal income tax on them.  As for the Ferrari, it depends on whether you can justify it as a business expense. A lot of companies provide cars for their employees so that they can use them for business - however you have to be able to show that IS for business, otherwise they are taxed like salary. The rules for company cars are quite complicated, and you would need an accountant. If this is a real rather than hypothetical situation, definitely get a tax accountant involved."}
{"_id": "182169", "title": "", "text": "Everyone understands the necessity of those bailouts today. But I still contest that they were a net negative for the common man and a HUUUUUUUUUGE positive for the bank executives. In fact, the fallout from it - the conceptualisation of TBTF and GSIB etc - is basically a blank check for these banks. Oh yes, so many stringent regulations that we know for a fact that these banks will flout at the first opportunity available to them. And then, assuming it doesn't bring the global economy to its knees, someone will slap a billion dollar fine on them and let them go on their merry way."}
{"_id": "182192", "title": "", "text": "Alex's answer is very helpful. However, I would like to add why it might be convenient to use money factor instead of APR when computing lease payments. Money factor makes it easier to compute the lease payments manually. Lease payments have two parts: Here is how to calculate them: Where, This is a computation that anyone can perform without any tools."}
{"_id": "182195", "title": "", "text": "why should i have to make something with my cash?  i'll fuking hold it and face losing a few percentage of purchasing power.   i'd rather have liquity in these peril times.  besides, people that held cash in 2008 had a once in a life time buying opportunity when all assets fell 60-90%."}
{"_id": "182199", "title": "", "text": "\"Not entirely. For a creditor to go after the \"\"parent company\"\" in one of these cases requires the courts to be willing to \"\"pierce the corporate veil\"\" (in legal parlance). Typically this is only done if the parent company set up the wholly-owned-subsidiary in order to perpetrate a fraud. In this case, the subsidiary has a totally legitimate function - to sequester risk.  While you're right that the parent company may have to offer some form of credit guarantees to get the subsidiary to get a loan, often those guarantees still don't create nearly as much exposure for the parent company.\""}
{"_id": "182217", "title": "", "text": "\"Depends. If you can choose where to relocate to, then I second the \"\"no income tax\"\" states. But even of these chose wisely, some have no income taxes at all, others have taxes on some kinds of income. Some don't have neither individual nor corporate taxes, some tax businesses in some ways. Some compensate with higher property taxes, others compensate with higher sales taxes. On the other hand, you might prefer states with income taxes but no sales taxes. It can happen if your current income is going to be low, but you'll be spending your savings. If you don't have a choice (for example, your employer wants you to move closer to their office), then you're more limited. Still, you can use the tax break on moving expenses (read the fine print, there are certain employment requirements), and play with the state taxes (if you're moving to a state with less/no taxes - move earlier, if its the other way - move later). Check out for cities that have income taxes. In some states it cannot happen by law (for example, in California only the state is allowed to collect income taxes), in others it is very common (Ohio comes to mind). Many things to consider in New York. New York City has its own income tax (as well as Yonkers, as far as I remember these are the only ones in the State of New York). So if you want to save on taxes in NYS but live close to the city, consider White Plains etc. If you work in NYC its moot, you're going to pay city taxes anyway. That is also true if you live in NJ but work in the city, so tax-wise it may be more efficient not to live across state lines from your place of work.\""}
{"_id": "182226", "title": "", "text": "Not sure of the question here if by IPO(initial public offering) you mean private company then:  A company can invest its excess money into other companies, to earn returns.  Also a company that is private can attract private investment if the sector is doing well on publicly traded markets.  Finally a company can diversify away risk, by holding shares of a company that would benefit in the event of a disruption in their own industry."}
{"_id": "182240", "title": "", "text": "It is possible that the person you were on the phone with was in possession of the credentials of a paypal account that was not actually theirs.  The sad truth is that there are a lot of scammers out there and they can be very convincing while talking to you on their burner phone.     Then they send you money and before the actual owner of the account can do anything the scammer gets you to surrender your goods.  Then the payment gets reversed and when you call that phone number they used no one answers, or the phone is not in service. For this reason do not release the product until you actually have the money.  For software work use an escrow account at a reputable bank to ensure that the funds will be available when you complete the work."}
{"_id": "182243", "title": "", "text": "Typical BI story.  No original content- just commenting on an actual piece of journalism which they found elsewhere on the internet.  In short- it's blogspam.  [Here's the original ZDNet article](http://www.zdnet.com/blog/bott/firefox-faces-uncertain-future-as-google-deal-apparently-ends/4241) they're using as the sole basis for their article."}
{"_id": "182249", "title": "", "text": "No, the interest payments you receive do not change. To help avoid confusion, it is better to call those payments the coupons of the bond. Each treasury note or bond is issued with a certain coupon that remains fixed throughout its whole life. However, as the general level of bank interest rates change maybe because the FED is moving its deposit rate for banks, the value of the treasury bond will change. At maturity it will always be worth its face value, but at any time before that its price will depend on the general level of interest rates in the country. Because of the way a bond is structured, it is usually possible to convert the bond's price into a yield, which is usually a percentage like 3% or sometwhere near the current level of general interest rates. But don't be confused, this yield is just an alternative way of stating the current price of the treasury bond, and it changes as the prices of the bond changes. It is not the coupon that is changing, but the yield."}
{"_id": "182253", "title": "", "text": "And we are waiting for runs that are soon to come . . .demonetization has left people with little cash on hand and as soon as the first weasel goes pop . .we will see a nice chain reaction . .because the people who didn't build public toilets . . . .did some pretty fancy banking . . .derivatives anyone?"}
{"_id": "182255", "title": "", "text": "\"All the EMV contactless payment cards (paypass, expresspay, paywave etc) will sometimes 'request to go online' when making a transaction, which translates into asking for a PIN. The info you received with the card should have included something about this. For example, the Mastercard information about PayPass includes the note \"\"Contactless\"\" payments are tapped, not swiped. It's simple. [...] \u2020 there may be some instances when you are asked to enter your PIN   number for security reasons or for purchases above a certain amount. You're not doing anything wrong; there's nothing wrong with the readers or your card; this is a standard feature of contactless. If you're asking \"\"why did my issuer's risk model instruct my card to go online for these particular transactions?\"\", well, we can't answer that, and your issuer probably won't, 'for security reasons'. Also, I've just seen that you say \"\"I have never paid using it before\"\" - I believe ALL contactless cards will require a successful PIN transaction before any contactless transaction can succeed - this is to stop someone who's intercepted your card in the mail from being able to spend your money...\""}
{"_id": "182272", "title": "", "text": "Here's a simple example for a put, from both sides. Assume XYZ stock trades at $200 right now.  Let's say John writes a $190 out of the money put on XYZ stock and sells this put to Abby for the premium, which is say $5. Assume the strike date, or date of settlement, is 6 months from now.  Thus Abby is long one put option and John is short one put option (the writer of the option is short the option). On settlement date, let's assume two different scenarios: (1) If the price of the stock decreases by $50, then the put that Abby bought is 'in the money'. Abby's profit can be calculated as being strike price 190 - current stock price 150 - premium paid 5 = $35 So not including any transaction fees, that is a $35 dollar return on a $5 investment. (2) If the price of the stock increases by $50, then the put that Abby bought is worthless and her loss was 100%, or her entire $5 premium.  For John, he made $5 in 6 months (in reality you need collateral and good credit to be able to write sizable option positions)."}
{"_id": "182283", "title": "", "text": "\"&gt;You've been reading too much Rand though.    Who judged who first?     &gt;And this applies to you whole world outlook.    Sounds like you've got me all figured out. Funny, I don't remember discussing my \"\"whole world outlook\"\" with you.\""}
{"_id": "182294", "title": "", "text": "\"Sigh when will someone teach zero hedge how to make a rigorous argument.  None of those facts actually prove anything. Heck some don't have anything at all to do with NAFTA. Not a single \"\"fact\"\" listed actually makes a case for a causal link between \"\"xyz negative thing\"\" and NAFTA.  I'm sure a few of them have actually have a causal relationship behind them (I didn't get to read all the links cause time) but they don't even hint at a the existence of an casual relationship.\""}
{"_id": "182297", "title": "", "text": "Can't read the article. But WHO gets 78 trillion richer? Cause so far it damn sure has not been the working class of the majority of countries in the world. Rather it's been corporations who massively benefit from the cheap labor that globalization provides. And politicians being bribed/blackmailed to let it happen has pretty much been what's happening all along."}
{"_id": "182298", "title": "", "text": "Do you feel that if you had a gotten an undergraduates degree in economics or finance you may have had an easier time on the CFA initially? You mentioned that you had a degree in computer science and math, so do you think learning most of the concepts for the way economics works on top all of the CFA materials put you at a disadvantage?  I only ask because a friend of mine who took (and failed) level 1 mentioned that he did surprisingly worse on basic micro/macro economics than he would have thought, even with his undergrad in finance. Mainly because (he said) it had been so long since he was in an economics class, which is typically a class business students take freshman year.  I apologize for the multiple questions on the subject, it's just rare I am able to take time to think and formulate questions I would want to ask a charter holder."}
{"_id": "182305", "title": "", "text": "You asked specifically about the ROTH IRA option and stated you want to get the most bang for your buck in retirement.  While others have pointed out the benefits of a tax deduction due to using a Traditional IRA instead, I haven't seen anyone point out some of the other differences between ROTH and Traditional, such as: I agree with your thoughts on using an IRA once you maximize the company match into a 401k plan.   My reasoning is: I personally prefer ETFs over mutual funds for the ability to get in and out with limit, stop, or OCO orders, at open or anytime mid-day if needed.  However, the price for that flexibility is that you risk discounts to NAV for ETFs that you wouldn't have with the equivalent mutual fund.  Said another way, you may find yourself selling your ETF for less than the holdings are actually worth.  Personally, I value the ability to exit positions at the time of my choosing more highly than the impact of tracking error on NAV. Also, as a final comment to your plan, if it were me I'd personally pay off the student loans with any money I had after contributing enough to my employer 401k to maximize matching.  The net effect of paying down the loans is a guaranteed avg 5.3% annually (given what you've said) whereas any investments in 401k or IRA are at risk and have no such guarantee.  In fact, with there being reasonable arguments that this has been an excessively long bull market, you might figure your chances of a 5.3% or better return are pretty low for new money put into an IRA or 401k today.  That said, I'm long on stocks still, but then I don't have debt besides my mortgage at the moment.  If I weren't so conservative, I'd be looking to maximize my leverage in the continued low rate environment."}
{"_id": "182327", "title": "", "text": "\"That is such a rediculous argument. If your ideas and beliefs were as ideologically superior as you claim, you should *want* to have people argue with you. Shutting down the free speech of your opponents does not do anything positive for propelling intellectual debate.  Anti American behavior is burning the flag, something we only see by those who oppose Trump.  Anti American is wanting the federal government to control and distribute everything in favor of a real capitalist financial economy that has little to no government intervention. If a business fails, another one is always there to take its place.   Anti Americans dont mind allowing the politicians from across the sea to interfere and play such a huge role in how we perform politically. That is *very* anti American.  Lifting useless regulations of off small business creation and profitability is American behavior.  Building factories and having companies work and relocate to to the USA is better for the economy, and for the planet. The factories here have to be much more air friendly than a factory in China or India. Win win.  There are many instances not listed here bc im on mobile that are very anti American, and it only comes from those against Trump. So thats why some people get the nickname \"\"fake American\"\".\""}
{"_id": "182334", "title": "", "text": "Animal Crossing is great for all ages and teaches kids the importance of saving money to pay off a debt for a home and to become successful by helping out the community and what it gets you."}
{"_id": "182341", "title": "", "text": "This started as a comment but then really go too long so I am posting an answer: @yarun, I am also using GnuCash just like you as a non-accountant. But I think it really pays off to get to know more about accounting via GnuCash; it is so useful and you learn a lot about this hundreds of years old double entry system that all accountants know. So start learning about 5 main accounts and debits and credits, imho. It is far easier than one can think. Now the answer: even without balancing amounts exactly program is very useful as you still can track your monthly outgoings very well. Just make/adjust some reports and save their configurations (so you can re-run quickly when new data comes in) after you have classified your transactions properly. If I still did not know what some transactions were (happens a lot at first import) - I just put them under Expenses:Unaccounted Expenses - thus you will be able to see how much money went who knows where. If later you learn what those transactions were - you still can move them to the right account and you will be pleased that your reports show less unaccounted money. How many transactions to import at first - for me half a year or a year is quite enough; once you start tracking regularly you accumulate more date and this becomes a non-issue. Reflecting that personal finance is more about behaviour than maths and that it is more for the future where your overview of money is useful. Gnucash wil learn from import to import what transactions go where - so you could import say 1 or 3 month intervals to start with instead of a while year. No matter what - I still glance at every transaction on import and still sometimes petrol expense lands in grocery (because of the same seller). But to spot things like that you use reports and if one month is abnormal you can drill down to transactions and learn/correct things. Note that reports are easy to modify and you can save the report configurations with names you can remember. They are saved on the machine you do the accounting - not within the gnucash file. So if you open the file (or mysql database) on another computer you will miss your custom reports. You can transfer them, but it is a bit fiddly. Hence it makes sense to use gnucash on your laptop as that you probably will have around most often. Once you start entering transactions into GnuCash on the day or the week you incur the expense, you are getting more control and it is perhaps then you would need the balance to match the bank's balance. Then you can adjust the Equity:Opening Balances to manipulate the starting sums so that current balances match those of your bank. This is easy.  When you have entered transactions proactively (on the day or the week) and then later do an import from bank statement the transactions are matched automatically and then they are said to be reconciled (i.e. your manual entry gets matched by the entry from your statement.) So for beginning it is something like that. If any questions, feel free to ask. IMHO this is a process rather a one-off thing; I began once - got bored, but started again and now I find it immensely useful."}
{"_id": "182344", "title": "", "text": "&gt; ...he will have more time to LOWER RIPOFF DRUG PRICES!  You do understand that I see President Trump's flip-flop on Medicare negotiating drug prices as evidence that he does not care about actually lowering the prices on drugs?  If he did, part-D would be the obvious first stop.  This tweet just reinforces my belief.  President Trump is saying it is not his job to lower drug prices but Ken Frazier's."}
{"_id": "182358", "title": "", "text": "\"Talking about counterfactuals is hard. The thing is, while these events are hard to predict far out at a micro-detailed level, climate scientists have predicted that such storms would and will happen with increasing frequently such that I'm not sure it's fair to say \"\"would have\"\" except in someone's fantasy world where climate isn't happening. Increasingly, these will define the fabric of our existence. When Miami floods, will we say \"\"housing prices would have been up but for the flooding\"\"? When crops fail, will we say \"\"crop yields would have been great but for the droughts/floods/heat wave/insect infestation/death of bumblebees\"\"?  Or will we at some point acknowledge that these are things as real as cybersecurity that we must build into our infrastructure and that must not be apologized for as \"\"one time expenses\"\" but must be seen as \"\"chronic costs\"\", even \"\"chronic pressures on cost with escalating frequency and power\"\"?\""}
{"_id": "182362", "title": "", "text": "\"In regards to the suit: the flap in the back might have a few stitches holding it together and some pockets may be sewn shut so you need to at least cut the ones on the back flap. There's no easier way to show you don't know what you're doing than showing up with those stitches in place.   Have a story ready for any BS interview question they could ask. They're all the same questions \"\"tell me about a time when you had to improve a project halfway through.\"\" If you don't have a story for it just make one up but don't make it obvious.   Good handshake with eye contact is necessary. I'll edit with more if I think of anything. I ran a professional org in college so I gave presentations on interviewing all the time. Just be yourself.\""}
{"_id": "182374", "title": "", "text": "If you're a non resident then you owe no capital gains tax to Canada. Most banks won't let you make trades if you're a non-resident.  They may not have your correct address on file so they don't realize this.  This is not tax law but just OSC (or equivalent) regulations. You do have to fill out paperwork for withholding tax on OAS/CPP payments.  This is something you probably already do but here's a link .  It's complicated and depends on the country you live in. Of course you may owe tax in Thailand, I don't know their laws."}
{"_id": "182389", "title": "", "text": "Start with putting money in gold coin bullion: If you are a beginner, make certain you start things with putting money in gold coin bullion . They are very simple to go with including have very minimum quantity of risk involved . After you buy gold bullion or gold coins you will get the same from any delivery company."}
{"_id": "182401", "title": "", "text": "Hire a lawyer familiar with transactional law and they will have a examples in house. Any debt that large will have nuances that Google or Reddit can't help you with.   A term sheet is a term sheet but you will want it to be substantial and air tight."}
{"_id": "182442", "title": "", "text": "I guess he's probably right when he says it's over 8 years since the last financial crash and that time has come to another crisis. It makes sense when you look at things through K-waves optic (in a short term sense)."}
{"_id": "182443", "title": "", "text": "\"If the amount is large, \"\"wire transfer\"\" is usually the cheapest option. Mane banks have online option for it.\""}
{"_id": "182444", "title": "", "text": "\"Nobody has mentioned your \"\"risk tolerance\"\" and  \"\"investment horizon\"\" for this money. Any answer should take into account whether you can afford to lose it all, and how soon you'll need your investment to be both liquid and above water. You can't make any investment decision at all and might as well leave it in a deposit-insured, zero-return account until you inderstand those two terms and have answers for your own situation.\""}
{"_id": "182445", "title": "", "text": "\"&gt; But what exactly are the new jobs that will be created? Nadella says to expect \u201cpeople on people jobs.\u201d These require skills that demand significant interaction, such as eldercare,   In other words, low paying undesirable boring jobs... until a robot can do those jobs too...  &gt; \u201cSo much of the last 10 years has been consumption \u2026 now is the time for creation -- like in [building video game] Minecraft, with [Microsoft Paint spinoff] paint3d,\u201d   ... to make money for the platform owner (Microsoft who owns Minecraft) and almost nothing for you... and you can do this \"\"creative work\"\" only in your 20s or 30s... after which you are outdated and not so creative... great job security. I never heard of people becoming millionaires from creating apps on Google/Apple, youtube channels or all the other \"\"creative\"\" channels.  **BOTTOM LINE: the whole purpose of Robots and AI is to take jobs and work away from people! Simple as that.**  **Currently, millions of low skilled people have to do work done by robots and highly skilled people do the work done by AI. With robots and AI, either you are totally useless for any work (low skill people) or lose you job/income (highly skilled).**  I am not against robots or AI, but I think they should be regulated. For example, all customer service (i.e. talking to a human being) must be done by humans, where AI is just a tool to help that customer service human. Another example, every group of robots doing work must be supervised by a human who gives them instructions what to do and how to do it.\""}
{"_id": "182454", "title": "", "text": "Those points aren't good?  Not to mention you only talk in extremes. I don't think taxes should be abolished. But since it is someone else's income, it needs to be used sparingly and efficiently. Subsidizing internet and electric cars aren't something you should be spending millions of people's money in."}
{"_id": "182462", "title": "", "text": "For the second part, no most NYSE trades are done electronically."}
{"_id": "182511", "title": "", "text": "\"Read \"\"The intelligent Investor\"\" book before you do anything. I started when I really didn't understand anything about stocks. I bought an internet stock for $150 per share which sold at 75cents a year later. I sold it for a profit but would've been a disaster.\""}
{"_id": "182514", "title": "", "text": "\"9% would be an absurdly high rate in the US by today's standards, so you should at the very least consider refinancing to fix that. Paying off completely is of course another way to fix that.  Which approach makes more sense depends on what you plan to do with the money instead if you do refinance -- if you can put it in an investment which yieds a higher percentage than the loan costs you, than refinancing the mortgage could actually be a profitable decision. You also need to consider what the bank will want to see in order to give you a mortgage on the new property. I have no idea whether they'd be happier that you had no prior mortgage, that you had the mortgage but also had the cash to pay it off, or if they wouldn't care. Remember that you want to be able to make at least a 20% down payment on the new property to avoid the insurance fees. That requires that you have a reasonable amount of cash-equivalent on hand. And generally, \"\"house rich but cash poor\"\" is an awkward state to be in.\""}
{"_id": "182521", "title": "", "text": "\"Could that be that you have been SOLD the notion that antitrust laws are a failed and discredited policy.... by those intent on protecting private cartels? (Republicans). Could it be that the enforcement arm of the government (like the SEC) have been weakened and captured by lobbyists in a revolving door between the private sector and the the government (facilitated by Democrats too)?   With that said, before corporations, we had feudal lords with the same oligopoly/monopoly desires. In capitalism, unchecked greed leads to the destructive behavior of endless accumulation of resources at the expense of others... if you start out from a competitive vantage point. This is the \"\"free market\"\" that Republicans harp on about. It is the \"\"freedom\"\" to reap your rewards without any obstacles, even if reaping your rewards means gauging customers because you have swallowed up the competition. This is what Republicans want (and what libertarians are too naive to understand). How does this environment protect the small business or how does it benefit consumers?\""}
{"_id": "182535", "title": "", "text": "\"Killing the hive does not kill the bee.  Ask any bee keeper.   &gt; I mean do you WANT a conversation here? Or just another typical Reddit \"\"pissing\"\" match?  You tell me!  &gt; but unlike bees, humans CAN survive)  My 95 year old mother could not survive alone.  My two sons were several years old before they could survive for short periods on their own.\""}
{"_id": "182558", "title": "", "text": "Different goals, so different press release styles. People don't really associate Microsoft with hardware, so they need to establish themselves as a player in this market, where Apple was already set to get right into what their latest device does.  I wish them both success... The market is easily big enough for both, and competition benefits us as consumers. Surface looks cool, and is something I've wanted in the past (minus Windows 8), but if I got one, I'd still keep my iPad."}
{"_id": "182567", "title": "", "text": "All you personal virtue folks need to realize that as students are crushed under every greater debt loads, in the context of flat wages and a mediocre economy BEFORE the next crash, it will harm the greater economy and you.   No matter how awesome YOU are, students carrying trillions in debt will be folks who can't buy homes and spend a lot less on other things.  Unless you work for a student loan lender, that can hit you too down the road.  A bad economy is bad for all.  The cost of University has spiraled out of control and to absurdly expensive levels, student debt is a society wide problem that will affect the virtuous and the repulsive alike.  Get over yourselves."}
{"_id": "182612", "title": "", "text": "justkt's answer lays out the opportunity costs aspect of your question pretty well.  But if I were in your position, extra payments on principal for a home I wasn't planning to retire in isn't the way I'd invest the money.  Housing prices are awful (hence the great deal on what you just bought), and given the number of foreclosures outstanding and the existing uncertainty over the legality of some of them, they're likely to remain awful for years.  Depending on the size of your monthly mortgage payment, if you've got that much free cash after expenses each month, I'd consider the following options instead: You could go with a non-qualified (no tax-deferral benefit) account for the cash emergency fund so you could put any amount above and beyond 3-6 months of living expenses into stocks, index funds, mutual funds, etc. All of these options have the advantage of being more likely to provide a positive return in the 5-7 year time frame.  The cash emergency fund option has the additional advantage of being more liquid than housing--regardless of the current economic environment."}
{"_id": "182637", "title": "", "text": "\"It is like you are your own boss on the side...  Could seem reasonable, but...  Let me guess, this will NOT count as part of a regular 8 hour day, be applicable toward a 40 hour work week, qualify anyone for over time, and/or qualify workers on the borderline of qualifying for full time benefits as full time.  Also, if packages come up missing it will count directly against the employee and/or be deducted from their normal wages BEFORE the employee receives them.  Walmart will also find a way not be responsible for the administrative overhead required to use one's car in a work capacity.  With employees feeling the social pressure to provide the service \"\"for the team\"\" while Walmart doesn't put the procedures in place to make sure that employees ALWAYS have the proper car insurance.  What could go wrong?\""}
{"_id": "182640", "title": "", "text": "I'm not saying to punish the woman or that the kids were accidents.  I just said that the situation was her fault and these are the consequences she now has to deal with.  Regardless of who you want to put the blame on, she put herself in that situation and likely knew that getting pregnant was a possible result of having sex."}
{"_id": "182645", "title": "", "text": "Check the rules with your broker. Usually if it expires in the money, the broker would exercise it. But you need to check with your broker about their rules on the matter."}
{"_id": "182658", "title": "", "text": "First of all, you'll need a securities account. Nowadays, most large banks offer this as a standard product for all their customers, though it may require some extra paperwork. Then you need to buy shares in the ETF. This is indeed typically done through the stock market, but there are alternatives. Some banks will sell securities to you directly, but usually only those they create themselves (options and such). Some also offer ETF investment plans that allow you to buy shares for a fixed amount each month through the bank. In any case, the bank's online banking interface should support all these options. However, fees are an important consideration! With some banks, the securities account is free, others charge an annual fee. And the fees on stock market transactions and investment plans also vary considerably, so it could be worth it to consider some alternatives."}
{"_id": "182684", "title": "", "text": "PayPal will be contacting you shortly, I'm sure.  You'll see the reversal on their site in a few days as well as a fee from their end I bet."}
{"_id": "182694", "title": "", "text": "The idea of capitalism doesn't apply here along with any other natural rule of economics.  These are government jobs. Has zero to do with supply/ demand etc. and everything to do with what sounded good to a politician on that day.  A lot of good those teachers unions are doing them.... but they help vote in the unions favorite party members!"}
{"_id": "182710", "title": "", "text": "From March 26th to May 3rd FACE had an average trade volume of 11,657 shares. May 4th Bloomberg published its widely reported [article](http://www.bloomberg.com/news/2012-05-03/zuckerberg-s-facebook-ipo-will-make-him-richer-than-ballmer.html) about how the upcoming Facebook IPO would make Zuckerberg one of the richest people in the world. On May 4th, 212,000 shares of FACE were traded (an 18x increase) and the price jumped from 3.10 to 3.79, up 22%.  Maybe it's not that surprising, considering even news articles in [Yahoo! Finance](http://finance.yahoo.com/news/facebook-underwriters-1-1-percent-010320322.html) can't keep the companies straight.  Still, if you accidentally bought FACE it's not all that bad. In fact, [you're doing much better](http://finance.yahoo.com/echarts?s=FB+Interactive#symbol=fb;range=20120518,20120601;compare=face;).  Yes, FACE's 10-Q came out the previous day, but past 10-Q releases didn't result in any sudden increase in trading volume at all: [11/3/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20111018,20111111;), [8/4/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20110718,20110811;), [5/5/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20110418,20110511;)"}
{"_id": "182712", "title": "", "text": "\"I'm going to put this very, very simply.  **The banking system does create money through leveraging and the money multiplier**, this is absolutely true.  The current theory is that this is how the economy is expanded because of the basic premise that an economy can only grow with ample amounts of **Land, Labor, and Capital**, and it is assumed that the money multiplier allows the development and purchase of all of these things that have the **net effect of growing the economy beyond the level of debt built up as part of the process of wealth creation.**  I have no problem with the above in principle, the problem comes when the cycle of debt is built up recklessly and irresponsibly with little, if any, regulation.  That leads to a system in which debt and interest buildup faster than wealth is created.  I also have issues with who ends up holding a \"\"piece of the pie\"\", as it is called, but that's a separate issue entirely.  **The Fed's job is to stop the economy from collapsing overnight due to fluctuations in the price of money.**  It would be no different if money was backed by gold, and in fact part of the reason why we abandoned that notion as laid out at Bretton Woods was because of how **Gold was being sold as a commodity thus affecting the price of money the way speculation on fiat currency occurred**, due in part to Charles De Gaul being an asshole.  In today's world where **arbitrage** happens almost instantaneously and markets shift rapidly there is **danger** in not having a Central Bank that can regulate the price of currency to prevent disastrous inflation or economy shattering unemployment.  Every nation in the world has one because they are necessary in the context of the current economy.  **Banking regulation** is a multi-tiered problem that involves regulatory capture, Congressional payoffs, a closed circle in terms of who is qualified to even run such institutions, and numerous other problems, but **this is not unique to the banking industry, every regulatory body in existence suffers from the same problem.**  At the moment **the Chairman of the Fed is an appointed position that exists so that key economic decisions will be isolated from the political pressure that elections result in, avoiding hastily thrown together and shoddy economic policy based solely upon politics.**  The independence of Chairmen like Greenspan is questionable, but in theory it's supposed to prevent kneejerk decision making.  **In short:** What I just explained is what everyone else here already knows.  Welcome to the party.\""}
{"_id": "182719", "title": "", "text": "\"Great, I wonder how I the customer will be paying for this. I don't know exactly when it happened or the specifics but BOA lost 500 million in some bad loan or something a while back and a month later started taking on fees to what used to be free services. They started charging 5 dollars for a replacement debit card and other stuff like that. Their explantation for it was \"\"we have the right to make a profit\"\" when really it just seems they were covering their asses. Instead of cutting costs internally like an ethical/responsible company would, they make their customers pay for it. As soon as my credit card account goes up for renewal I am done with that bank.\""}
{"_id": "182744", "title": "", "text": "\"&gt;Mike Pence Sums up Trumpcare Perfectly: \"\"No Money, No Healthcare\"\"  He never fucking said that.  Here's his actual tweet:  &gt;Before summer\u2019s out, we'll repeal/replace Obamacare w/ system based on personal responsibility, free-market competition &amp; state-based reform  If you want to draw \"\"No Money, No Healthcare\"\" as a conclusion, fine, but you can't assign it as a quotation to Mike Pence if he never said it. I have no love for Mike Pence, but I do respect the laws of punctuation and basic journalistic integrity.  If someone is really that bad, which he likely is, then you should be able to damn him for what he actually says or does. You shouldn't have to resort to simply making shit up.\""}
{"_id": "182747", "title": "", "text": "\"A Bloomberg terminal connected to Excel provides the value correcting splits, dividends, etc. Problem is it cost around $25,000. Another one which is free and I think that takes care of corporate action is \"\"quandl.com\"\". See an example here.\""}
{"_id": "182758", "title": "", "text": "Bigger than the three mentioned above is on-time payment and/or collections activity. If your report shows you have not paid accounts on time, or have accounts in collections, that is almost guaranteed decline except for the least desirable cards. Another factor is number of hard inquiries. If you have been on a recent application spree, you will get declined for too many recent inquiries. Wait 12-18 months for the inquiries to roll off your report. Applications for business cards are a little tricky depending on whether you are applying as an individual or as an employee of a corporation. I usually stay away from these as you can be liable for company debts you did not charge under the right circumstances."}
{"_id": "182762", "title": "", "text": "We provide you best dating experience in the Australia. We can provide you all contact relation after setting up your profile. Many people want to online to seek the girl, our website is the best platform for you! If you want to girls for sex, then you can visit our website and get all Australian girl contact after registration. We also provide offer a range of dating tips and an advice section."}
{"_id": "182764", "title": "", "text": "Tips and taxes definitely help push that up. A $9 burger is over $10 with the tax rate of 7.5% sales, 3.5% city, and another 3.5% restaurant tax. Then a $2 tip is abysmal, but now you are over the $12 mark."}
{"_id": "182772", "title": "", "text": "With the caveat that you should always read the fine print... Generally, the high water mark is the absolute highest mark at end of any quarter (sometimes month) over all the quarters (months) in the past.  Intra-quarter marks don't matter.   So, in your example the mark at the end of the second quarter would only be the new HWM if that mark is higher then the mark at the end of every previous quarter.  Again, what happened in the middle of of the second quarter doesn't matter. For hedge funds, the HWM may only be be from the date you started investing rather than over the whole history of the fund, but I would be surprised if that was true for any mutual funds.  Though, as I may have mentioned, it is worth reading the fine print."}
{"_id": "182777", "title": "", "text": "\"Tumble? Haha, spreading fear, uncertainty and doubt to get a entry price point, that's what I'm seeing in this 'tumble'. Bitcoin was under 2k in March 2017. People have enjoyed an amazing bull run this year. To correct at $3,500 USD would still be a decent profit. RemindMe! One Year \"\"Bitcoin price today\"\"\""}
{"_id": "182806", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://hbr.org/2017/10/the-great-recession-drastically-changed-the-skills-employers-want) reduced by 91%. (I'm a bot) ***** &gt; In recent research we investigate how the demand for skills changed over the Great Recession.  &gt; In summary, we find that businesses more severely affected by the Great Recession were more likely to invest in new technology, and while this technology may have helped replace some forms of routine jobs, it apparently increased the demand for greater worker skills for other routine jobs.  &gt; Public policy has yet to figure out how to reallocate workers on a large scale following a recession, or provide for training in the new skills demanded by employers, but the need to do so is likely only to grow.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77hsq1/the_great_recession_drastically_changed_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231561 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **skill**^#1 **job**^#2 **Recession**^#3 **technology**^#4 **change**^#5\""}
{"_id": "182836", "title": "", "text": "If speculators were in control of the US economy, the price would be very different. Ye they have no intention of possessing the actual commodity.  I know it's a left wing thought, but it is popular with THIS independent. People that trade in a commodity must be required to take possession of it. That alone will cut down on prices."}
{"_id": "182844", "title": "", "text": "That's my point entirely. GM's electric arm alone should be worth more than Tesla but neither me or the investor community at large believe in their ability to deliver. They can't see a market gap if begs them to buy their vehicles."}
{"_id": "182856", "title": "", "text": "The good news is that your parent organization is tax exempt and your local organization might be. The national organization even has guidelines and even more details.  Regarding donations they have this to say: Please note: The law requires charities to furnish disclosure   statements to donors for such quid pro quo donations in excess of   $75.00.  A quid pro quo contribution is a payment made partly as a   contribution and partly for goods or services provided to the donor by   the charity. An example of a quid pro quo contribution is when the   donor gives a charity $100.00 in consideration for a concert ticket   valued at $40.00. In this example, $60.00 would be deductible because   the donor\u2019s payment (quid pro quo contribution) exceeds $75.00. The   disclosure statement must be furnished even though the deductible   amount does not exceed $75.00. Regarding taxes: Leagues included under our group exemption number are responsible for   their own tax filings with the I.R.S. Leagues must file Form 990 EZ   with Schedule A if gross receipts are in excess of $50,000 but less   than $200,000. Similar rules also apply to other youth organizations such as scouts, swim teams, or other youth sports."}
{"_id": "182866", "title": "", "text": "\"When I deposit my paycheck in CapOne I have an email before I am out of the app that they received my check. I have access to some portion of the cash now and the rest the next business day, however they put things in order to NOT overdraft me. For instance, if I am overdrawn $150 but the charge is \"\"pending\"\", putting the check in they will deposit the check before posting the charge that would overdraft me.  Plus I can use Apple Pay with it.  My local CUs have app deposit, but it takes DAYS for a deposit to just show up. Plus, no Apple Pay.\""}
{"_id": "182867", "title": "", "text": "Ugh. Please don't use Damode's models. Guy is brilliant but his model are absolute shit and super annoying to audit. Much better to read the theory and build his shit from scratch in a way that effects the theory. Then use his models to check that your output is in the right ballpark. You will get a MUCH better grasp of modeling and of valuation this way."}
{"_id": "182884", "title": "", "text": "Correct, kept orange demand in a microcosm to simplify.  In the example, ~1 or 2 people would have been highly paid to build the machine, and the house would have created temp jobs for 2 or 3, or the money would have flowed to another tree owner and put into a bigger house.  Point is the new inflow of money hasnt cycled through the economy fast enough to have an effect on consumptive demand. New money has a slower velocity with net effect on inflating asset prices up."}
{"_id": "182911", "title": "", "text": "&gt;In the case of a bad fiat currency, you can throw out (or, in worst case, hang) the central bankers  Oh you certainly could in times past. But taking into account modern military technology combined with propaganda technology, this kind of scenario is hard to imagine."}
{"_id": "182915", "title": "", "text": "\"sometimes. Very often, there is two things at play: with the good ones, you exchange money for a service that cuts down on the time it takes to learn or improve certain skills. This can be done by specific trainings, this can be done by making a digestible summary of information etc.  In that case, I don't think it's a waste of time or a waste of money. However, on facebook you see a lot of \"\"business trainers\"\" that don't bring added value; the one literally repeating what facebook has in their manuals but charge for it. the ones who are not bringing new insights on how you can improve and run your business, or how you can improve your management skills... Because as your business grows, you will need to learn more of those and you'll have less time to learn them in. It's about weeding the bullshit out.\""}
{"_id": "182923", "title": "", "text": "\"First off you are either lying or are seriously disillusioned about the recruiting process because it is very common knowledge that trading puts significantly less emphasis on GPA that IBanking. .  Secondly, why are you making the assumption that there was nothing exemplary on their resume? Having a low GPA doesn't automatically imply that the person's resume is trash.   And again, if \"\"no one\"\" got past the initial round of interviews because of a 3.2 GPA I know quite a few firms who would be out some very good traders.\""}
{"_id": "182930", "title": "", "text": "\"As previously answered, the solution is margin. It works like this: You deposit e.g. 1'000 USD at your trading company. They give you a margin of e.g. 1:100, so you are allowed to trade with 100'000 USD.  Let's say you buy 5'000 pieces of a stock at $20 USD (fully using your 100'000 limit), and the price changes to $20.50 . Your profit is 5000* $0.50 = $2'500. Fast money? If you are lucky. Let's say before the price went up to 20.50, it had a slight dip down to $19.80. Your loss was 5000* $0.2 = 1'000$. Wait! You had just 1000 to begin with: You'll find an email saying \"\"margin call\"\" or \"\"termination notice\"\": Your shares have been sold at $19.80 and you are out of business. The broker willingly gives you this credit, since he can be sure he won't loose a cent. Of course you pay interest for the money you are trading with, but it's only for minutes. So to answer your question: You don't care when you have \"\"your money\"\" back, the trading company will always be there to give you more as long as you have deposit left. (I thought no one should get margin explained without the warning why it is a horrible idea to full use the ridiculous high margins some broker offer. 1:10 might or might not be fine, but 1:100 is harakiri.)\""}
{"_id": "182949", "title": "", "text": "One of the easiest mistakes to make in business is assuming that your own anecdotal experience applies to everyone on earth. It doesn't, you'd be surprised how different people can be sometimes. People do see and click on ads, you just don't belong to this group, but it's very much alive. And while Ad Blocker usage is increasing it pales in comparison to the amount of people using the internet on a regular basis; it will always represent a small percentage of the internet population."}
{"_id": "182989", "title": "", "text": "Since you say 1099, I'll assume it's in the US. :) Think of your consulting operation as a small business. Businesses are only taxed on their profits, not their revenues. So you should only be paying tax on the $700 in the example you gave. Note, though, that you need to be sure the IRS thinks you're a small business. Having a separate bank account for the business, filing for a business license with your local city/state, etc are all things that help make the case that you're running a business. Of course, the costs of doing all those things are business expenses, and thus things you can deduct from that $1000 in revenue at tax time."}
{"_id": "182998", "title": "", "text": "That is not the point. The point is that the typical item in a supermarket HAS travelled 1500 miles, on average to get to that shelf. I'm not surprised you're unaware of this, THAT is what I'm getting at. You should WORK on your skills of making reason."}
{"_id": "183029", "title": "", "text": "Good. I would be happy if every Morgan Stanley employee lost his or her job. MS is a terrible, terrible company, and I hope that everyone who has ever worked there, their children, and their children's children live in penury for the rest of their lives."}
{"_id": "183074", "title": "", "text": "The PPF and NSC can broadly be compared as below; PPF is public provident scheme with initial period of 15 years and can be extended by 5 yrs blocks. There is a minimum investment of Rs 500 every year and a maximum of Rs 1,50,000 per year for 2014-15 financial year. The gains from PPF are also exempt from any and all capital gains tax. NSC is like fixed deposits for a period of 6 years. They can be purchased from Post office in multiples of Rs. 100, Rs. 500, Rs. 1,000, Rs. 5,000 & Rs. 10,000. There is no maximum limit of purchase, however tax rebate is only to the extent of Rs 1,50,000 on 2014-15 financial year.  Interest Rate: Both currently offer 8.75% interest rate. Incase of PPF the interest rate is declared every year and is applicable to the entire invested corpus. In case of NSC, the interest is fixed for the tenure of the investment, changes in interest are applicable for next investments. The interest is compounded   Account Operation:   Withdrawals: In PPF the first withdrawal is possible in the 7 years, for 50% balance of the 4th year and like wise for subsequent years. In NSC there is no premature withdrawal, however one can get loan from Banks by Hypothecation of the certificates.   Tax Benefits: Both PPF and NSC enjoy tax benefits under 80C. However the PPF follows what is called an EEE regime, under which the Investment is exempt from tax, the interest accrued is exempt from tax and the withdrawal is also exempt from tax. The NSC however only the investment is exempt from tax, the interest earned has to be shown as income and would be treated as invested. On withdrawal, the interest would be taxed accordingly. The best benefit of PPF account cannot be attached by court of law in case one comes under financial liability. IE the money in the PPF account can only be used by you. Hence it would make more sense to invest in PPF"}
{"_id": "183098", "title": "", "text": "They mention the struggling economy but not McD's caving to the franchisees and getting rid of the dollar menu at precisely the wrong time.  Also, McD's long-time strength -*consistency* is now a given in any franchise operation. It isn't novel anymore and is perceived as *bland sameness*.  The posts about Five Guys, Whataburger, In-N-Out, etc. show that regional favorites still have an impact and a place in our hearts and there's the smaller nationals as well, like White Castle, Carls Jr./Hardee's, and A&amp;W.  Whenever I visit Washington or Oregon Burgerville USA is de rigeur, or Arctic Circle or SteakBurger.  Also, the article talks about burgers vs. 'Other' like OS market share. Does that make Fast Casual the iOS of dining (flame bait)? Does that make the burger joints equivalent to Android version fragmentation?  Edit: fixed typos from mobile posting."}
{"_id": "183100", "title": "", "text": "Depends on if the stock pays a dividend or not. Some companies in their early years may choose to not pay dividends. Your calculations are off as the dividend stated is annual that you'd have to divide by 4 to get what the quarterly amount would be and there can be variances as Ellison's compensation package may well include options so that the number of shares he owns could fluctuate over the course of a year."}
{"_id": "183124", "title": "", "text": "See that's just it, the value of AIM is purely in the user base.  Unless you could purchase the user base, there are already stronger competitors.  And AIM clearly believes that its not even worth the sale.  What I mean is, suppose they believe they could raise 5 million by selling the user base (say $5 per active user).  They must be estimating their costs of transitioning it to a new owner to be higher than that.  The main issues are privacy and security.  Read the other comments in this thread, you're talking about oil companies and banks using it, they need a very high assurance level that a startup probably won't be able to provide.  Only an experienced tech company with strong financial backing would be able to make a move here, and I highly doubt they made the decision to shut it down without examining these avenues already."}
{"_id": "183136", "title": "", "text": "\"They may be confused. The combination of \"\"my wife received stock when younger\"\" and \"\"her father just died\"\" leaves questions. A completed gift, when she was a kid, means she has a basis (cost) same as the original owner of that stock. This may need to be researched. The other choice is that she gets a price based on the date of dad's death, a stepped up basis, if it was his, but she got it when he passed.  No offense to them, but brokers are not always qualified to offer tax advice.  How/when exactly did she get to own the stock. Upon second reading it appears I answered this from a tax perspective. You seem to have issues of ownership. What exactly does the broker tell you? In whose name is the statement for the account holding these shares? Scott, saw your update. For the accounts I have for my 13 year old, I am custodian, but the tax ID is her social security number. When 21, she doesn't need my permission to sell anything, just valid ID. What exactly does the broker tell her?\""}
{"_id": "183141", "title": "", "text": "people have been comparing bitcoin to tulips for the past 8 years, meanwhile the value has grown from $0 to nearly $6000. Do you have any specific reason why you think bitcoin is comparable to tulips? Do you not see a value of having a currency that is not issued from a central bank, that can be sent anywhere in the world without permission from governments, and wont be debased? please do some research before you just parrot the same mantra that others have been for years."}
{"_id": "183149", "title": "", "text": "&gt; Trade with who?  Intra asia trade.  China is worlds largest trading partner. (why would anybody in asia pay middle man, american banks, just to trade with themselves?  Using Yuan is instant 1.5% saving.)  Dollar is mainly for financial and trade with US based countries. Even euro is less hassle than using dollar by now for asian country."}
{"_id": "183166", "title": "", "text": "As I recall, the gain for ISOs is considered ordinary income, and capital losses can only negate up to $3000 of this each year.  If you exercised and held the stock, you have ordinary income to the exercise price, and cap gain above that, if you hold the stock for two years.  EDIT - as noted below, this answer works for USians who found this question, but not for the OP who is Canadian, or at least asked a question at it relates to Canada's tax code."}
{"_id": "183176", "title": "", "text": "No way, even if the average shipping for an item is $5, which is low... That's only 20 items. Less than 2 items a month for prime shipping to make sense, and if you have prime, you're probably doing a lot more than 2 items a month."}
{"_id": "183189", "title": "", "text": "\"Take as many practice exams as possible. Get used to testing your sanity, sitting for an extended period of time. I just passed last month using Kaplan.   The class instructor will give you tips. Remember them and practice writing down your \"\"dump sheet.\"\" Which is any formulas or diagrams that might help you. I included the bond inverse relationship, the options chart, and balance sheet.   When I took the test there were a ton of questions on bonds, options and annuities. Though yours could be very different. I didn't have too much math.  Most importantly, focus on the actual concepts more so than memorizing the correct answers to the practice tests.   Maybe check out Series 7 for Dummies. It helped me understand options overnight.   Relax, you got this.\""}
{"_id": "183191", "title": "", "text": "\u0110\u1ea7u t\u01b0 Si\u00eau l\u1ee3i nhu\u1eadn (l\u1ee3i nhu\u1eadn &gt; 10%/th\u00e1ng)  1- Th\u1eddi gian g\u00f3p V\u1ed1n c\u00e1 nh\u00e2n t\u1eeb ng\u00e0y 7/5/2012 \u2013 31/5/2012, V\u1ed1n g\u00f3p t\u1ed1i thi\u1ec3u l\u00e0 10 tri\u1ec7u Vi\u1ec7t Nam \u0111\u1ed3ng v\u00e0 V\u1ed1n g\u00f3p kh\u00f4ng \u0111\u01b0\u1ee3c r\u00fat tr\u01b0\u1edbc th\u1eddi h\u1ea1n trong m\u1ecdi tr\u01b0\u1eddng h\u1ee3p ngo\u1ea1i tr\u1eeb ch\u00ednh ng\u01b0\u1eddi \u0111\u1ea1i di\u1ec7n y\u00eau c\u1ea7u t\u1ea5t to\u00e1n L\u00e3i-L\u1ed7 tr\u01b0\u1edbc th\u1eddi h\u1ea1n.  2- C\u00e1c th\u00e0nh vi\u00ean s\u1ebd c\u00f9ng nhau chia s\u1ebd R\u1ee7i Ro\u2013L\u1ee3i Nhu\u1eadn theo t\u1ef7 l\u1ec7 V\u1ed1n g\u00f3p.  3- C\u00e1 nh\u00e2n trung gian ch\u1ecbu tr\u00e1ch nhi\u1ec7m t\u1ed5ng h\u1ee3p v\u00e0 b\u00e1o c\u00e1o k\u1ebft qu\u1ea3 \u0111\u1ea7u t\u01b0 c\u1ee7a ngu\u1ed3n V\u1ed1n l\u00e0 \u00f4ng L\u00ea Kim Ng\u1ecdc, \u0111\u01b0\u1ee3c h\u01b0\u1edfng c\u00e1c kho\u1ea3n ph\u00ed khi s\u1eed d\u1ee5ng V\u1ed1n.  4- Danh m\u1ee5c \u0111\u1ea7u t\u01b0 l\u00e0 V\u00e0ng V\u1eadt Ch\u1ea5t, V\u00e0ng T\u00e0i Kho\u1ea3n, C\u1ed5 Phi\u1ebfu.  5- C\u00e1 nh\u00e2n \u0111\u1ea1i di\u1ec7n s\u1eed d\u1ee5ng ngu\u1ed3n V\u1ed1n l\u00e0 \u00f4ng L\u00ea Kim Ng\u1ecdc, \u0111\u01b0\u1ee3c h\u01b0\u1edfng 5% ch\u00ed qu\u1ea3n l\u00fd V\u1ed1n (\u0111i\u1ec1u ki\u1ec7n b\u1eaft bu\u1ed9c l\u00e0 ngu\u1ed3n V\u1ed1n sau khi s\u1eed d\u1ee5ng ph\u1ea3i l\u1edbn h\u01a1n ngu\u1ed3n V\u1ed1n tr\u01b0\u1edbc khi s\u1eed d\u1ee5ng) v\u00e0 c\u00e1c kho\u1ea3n th\u01b0\u1edfng khi l\u1ee3i nhu\u1eadn v\u01b0\u1ee3t 30%/th\u00e1ng.  6- Th\u1eddi gian t\u1ed5ng k\u1ebft, b\u00e1o c\u00e1o, chia l\u00e3i theo chu k\u1ef3 qu\u00fd(3 th\u00e1ng 1 l\u1ea7n) v\u00e0 \u0111\u01b0\u1ee3c th\u00f4ng b\u00e1o c\u1ee5 th\u1ec3 cho m\u1ecdi th\u00e0nh vi\u00ean \u0111\u1ec1u n\u1eafm r\u00f5.  M\u1ecdi th\u00f4ng tin xin li\u00ean h\u1ec7: 0 1992 1111 99"}
{"_id": "183200", "title": "", "text": "\u2018Parenting towards Resilience\u2019 was the main theme discussed during a conference held recently, organised by Agenzija Sedqa in collaboration with the Office of the Children\u2019s Commissioner. Ms. Sina Bugeja, Chief Executive Officer, Foundation for Social Welfare Services during her opening address explained that Parenting towards Resilience, was the main theme chosen by the Foundation to celebrate this year\u2019s Children\u2019s Day. Moreover, Ms. Bugeja mentioned the recent launch of the National Children\u2019s Policy that safeguards children\u2019s rights and ensures space for their opinions before decisions are taken. She mentioned that parents need to be kept abreast with changing parenting styles as well as with different influences which might affect children\u2019s development. Ms Helen D\u2019Amato, Commissioner for Children, said that the inherent vulnerability of children requires not only a strong legal and institutional framework of protection but also the consolidated ability on the part primarily of parents to nurture their children in such a way as to instil in them the inner strength and will to overcome the challenges that come their way during their childhood. This is important, she said, as there is a limit to how far the legal and institutional framework can go to actually protect children in the context of an increasingly complex and challenging social and cultural environment, and also because the development of such inner strength and will is an integral part of children\u2019s gradual maturity into strong, independent and responsible adults. The development of this inner strength or resilience should be seen as a main goal of the child\u2019s upbringing. Ms D\u2019Amato thus urged all parents to continue helping their children develop these inner qualities. During his closing address, Mr. Jesmond Schembri, Operations Director, Agenzija Sedqa said that since its inception Sedqa has always been at the forefront of imparting skills to parents to improve their communication with their children. Although the Agency is best known for its work with persons experiencing drug, alcohol or gambling-related problems, it nevertheless invests a lot of resources in prevention. The main presentation of this conference was entitled Inrawmu \u2018l Uliedna biex Jilhqu l-Isfidi, delivered Ms. Clarissa Sammut Scerri, Registered Counselling Psychologist and Family Therapist. She is also a full time member of staff within the Department of Psychology at the University of Malta. Her presentation focused on a clear description of what is resilience in children, highlighting the kind of parenting that makes a difference in enhancing resilience in children. She stressed the importance of a warm, parent-child relationship that is attuned to the child\u2019s needs according to his or her unique development. This relationship greatly affects/influences every aspect of children\u2019s learning and development, especially the growth of their inner security, self-worth and ability to build relationships with others. Ms. Sammut Scerri also spoke about how harmony in the family, consistent guidance especially in adolescence, and adequate role models also help to promote resilience in children. She also cited from her research on families with domestic violence highlighting the resilience (and challenges) of these family members. This conference was attended by parents, carers, and various professionals in touch with children of all ages. The workshops delivered were: Families of Children with Disability by Ann Marie Callus and Marchita Mangiafico; Education &amp; Parenting by Juan Camilleri; Role Models by Carmen Delicata; Building Resilience in Adoptive Children by Cher Engerer; The Mindful Parent \u2013 Parenting against Substance Use Risk by Anthony Gatt; Building Attachment by Elaine Grech; Parenting Towards Resilience with the Media by John Mallia; Playful Parents, Playful Children, Playful Therapists by Dott Roberta Attard &amp; Daniel Mercieca; Looking After Traumatised Children in Foster Care by John Role\u2019; and Power Struggle between Parents and Young People by Carmen Sammut. http://gozonews.com/20697/conference-on-achieving-better-parenting-for-"}
{"_id": "183209", "title": "", "text": "These are both trade book companies. Very few of these books are actually sold to students (except for literature texts I would guess). Most of these books are the paperbacks you buy for pleasure reading, or the coffee table books you might have around. You are thinking of Pearson's Higher Education group, which publishes textbooks.  My guess is you wanted to rant about textbooks, though, and used this unrelated news as an outlet."}
{"_id": "183215", "title": "", "text": "Modular Kitchen in Udaipur http://kitchensdot.com/ Kitchen dot ComVarious smart themes of modular kitchen are available along with nice kitchen accessories, and a big range of kitchen hardware. Our modular kitchen  span includes Kitchen cabinets, Kitchen Appliances, cooking range, Kitchen chimneys, Kitchen Countertops, slab work etc.   We assure you that products used by us are made of supreme quality raw materials and are free from any defect."}
{"_id": "183237", "title": "", "text": "You should definitely pay the remaining loan amount as quickly as possible. A loan in bad debts means that Bank has written it off books as its a education loan and there is no collateral. The defaults do get report to CIBIL [Credit Information Bureau India] and as such you will have difficulties getting credit card / new loans in future. Talk to the Bank Manager and ask can you regularize the loan?  There are multiple options you would need to talk and find out; 1. You can negotiate and arrive at a number. Typically more than the principal outstanding and less than interest and penalties charged. 2. You can request to re-do the monthly payments with new duration, this will give you more time. 3. May one time large payment and subsequent amount in monthly payments. At the end its Bank's discretion whether to accept your terms or not."}
{"_id": "183247", "title": "", "text": "Setting up an entity that is partially foreign owned is not that difficult. It takes an additional 1-1.5 months in total, and in this particular case, you guys would be formed as a Joint Venture. It will cost a bit more (about 3-5000). If you're serious about owning a part of a business in China, you should carefully examine what he means by 'more complicated'. From my point of view, I have set up my own WOFE in China, and examined the possibilities of a JV and even considered using a friend to set up the company under their personal name as a domestic company (which is what your supervisor is doing), any difference between the three are not really a big deal anymore, and comes down to the competency of the agencies you are using and the business partner themselves.   It cost me 11,000 for a WOFE including the agency and government registration fees (only Chinese speaking).  You should also consider the other shareholders who may be part of this venture as well. If there are other shareholders, and you are not providing further tangible contribution, you will end up replaced and penniless (unless of course you trust them too...), because they are actually paying money to be part of the business and you are not. They will not part with equity for you.  I'm not a lawyer, but think you should not rely on any promises other than what it says on a company registration paper. Good luck!"}
{"_id": "183311", "title": "", "text": "I understand, and I'm not necessarily disagreeing; I'm just asking how we know this.  It's one thing if it's a logical deduction you've made, but it's another if there's direct objective evidence.  Do these statistics pertain to all car sales or just factory car sales?  The car I own today is the car I've owned the longest, but it's not because I can't afford to buy another one, it's because I have absolutely no reason to.  My car was made in 2000; it has 115k miles on it.  I could write a long list of things that are still performing just as adequately as they did when it was new, and how aside from being somewhat less powerful it doesn't actually do anything worse than comparable new cars; I'll spare you. :)  Cars in 1970 were never expected to be driven past 100k miles without major service work, including an engine and transmission overhaul.  Many cars well into the late 70s didn't even come with that many digits on the odometer.  The economic conditions you mention, including the astonishing transfer of wealth between classes, are not good signs and it obviously needs to be reversed or this country is going to be a really shitty place to live soon.  And hell yes I believe it's affecting car sales.  But I'm really not convinced it's the main reason car sales peaked 40 years ago.  Housing sales only peaked a few years ago, and both markets have screwed themselves over-issuing credit, albeit in different ways.  Point is, you don't need to be able to afford a car when you can get a loan practically at the push of a button; Americans don't think in terms of what something costs, they think in terms of what it costs *per month*.  Income shrinkage has been allowed to happen because people have been allowed to spend money they don't have.  I know people living paycheck-to-paycheck who spend $150 - $250 per month on just data.  They also have $10k's of revolving credit card debt and, even worse, $10k's in student loans.  $250 per month won't save up for a new Cadillac anytime soon, but it *will* put you into a Cadillac if you don't mind having spent $63k on a $38k car by the time your loan matures.  (Edit: those numbers are pretty exaggerated, $250/mo. wouldn't get you a Cadillac until it was several years old.  You'd still end up paying several thousand more than if you'd paid cash, though... the point is that our economy is floating on credit, and this has allowed rampant overspending and living above means in the average household).  You see what I'm saying?  All other factors being equal car sales should have peaked a few years ago, or at least in the late 90s during the (first?) dot com bubble.  There was *far* more spending power out there - not income, but spending power."}
{"_id": "183319", "title": "", "text": "Funny how this thread is full of people saying stores should pay the absolute minimum they can and fire anyone that mouths of about it, while at the same time full of people shocked that they don't get good service there.  Here's a pointer, if you want people who care about their jobs, don't shop at businesses that thrive off of the suffering of their own employees."}
{"_id": "183323", "title": "", "text": "\"The word \"\"good\"\" was used in contrast to \"\"bad\"\" but these words are misused here.  There are three kinds of debt: Debt for spending. Never go into debt to buy consumables, go out for a good time, for vacations, or other purchases with no lasting financial value. Debt for depreciating assets, such as cars and sometimes things like furniture. There are those who put this in the same category as the first, but I know many people who can budget a car payment and pay it off during the life of the car. In a sense, they are renting their car and paying interest while doing so. Debt for appreciating, money-making assets. Mortgage and student loans are both often put into the good category. The house is the one purchase that, in theory, provides an immediate return. You know what it saves you on the rent. You know what it costs you, after tax. If someone pays 20% of their income toward their fixed rate mortgage, and they'd otherwise be paying 25% to rent, and long term the house will keep up with inflation, it's not bad in the sense that they need to aggressively get rid of it. Student loans are riskier in that the return is not at all guaranteed. I think that one has to be careful not to graduate with such a loan burden that they start their life under a black cloud. Paying 10% of your income for 10 years is pretty crazy, but some are in that position. Finally, some people consider all debt as bad debt, live beneath their means to be debt free as soon as they can, and avoid borrowing money.\""}
{"_id": "183331", "title": "", "text": "\"Economics is not hard science.   Economics is really just a study of what people do and why. The best book to read to understand why people protect their wealth when the government threatens it is \"\"[Human Action](http://mises.org/document/3250)\"\" by Ludwig von Mises. Check it out. It will answer all of your questions with a lot more logic than research. Economic research on macro subjects can prove any preconceived theorem, therefore it is worse than logic because it purports to \"\"prove\"\" what are, in the end, only opinions.\""}
{"_id": "183340", "title": "", "text": "What happened - affluence.    No mortgage - one grandfather built his own house the other lived in a sod hut.    No running water, no electricity, no natural gas/coal/oil heating.    No car, no insurance, no gasoline    They grew much of their own food.   If you want it - it's all yours. Go for it."}
{"_id": "183349", "title": "", "text": "Turns out Social Security and disability insurance are two different things but if you take disability insurance before retirement age when you get to full retirement age the disability money becomes the social security money. http://www.ssa.gov/dibplan/dqualify.htm If you are receiving Social Security disability benefits when you reach full retirement age, your disability benefits automatically convert to retirement benefits, but the amount remains the same."}
{"_id": "183353", "title": "", "text": "\"Insurance is a financial product to control risk. The fact that a loss would not be catastrophic simply makes the decision to carry insurance less critical. It is perfectly reasonable to be \"\"self-insured\"\" in this case. This is assuming we are discussing replacement of your property vs liability (which you have made clear). Like many other products one buys, a fine reason to purchase insurance is simply because one wants to. Just because you can absorb the loss, does not mean that you want to take on the full risk. I would be careful of your analysis here: Insurance companies on average make money by selling insurance, which means you lose money on average by dealing with them Insurance companies make money based on the cumulative probability that they will have to pay on multiple policies. To make money, they analyze the risk that in a given period they will only pay on a portion of their hundreds of thousands or millions of policies. This is a different analysis than the probability that you will have a loss on your specific asset.  Your risk of a loss is not equivalent to their risk of loss here. The argument that they only 'win' if you individually 'lose' is not a good one.\""}
{"_id": "183381", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [How Floyd Mayweather Helped Two Young Guys From Miami Get Rich in ICO](https://www.reddit.com/r/ethtrader/comments/79chtw/how_floyd_mayweather_helped_two_young_guys_from/) on /r/ethtrader with 74 karma (created at 2017-10-29 04:47:44 by /u/cashitter)  * [How Floyd Mayweather helped two young guys from Miami get rich \u2014 Celebrity endorsements are helping start-ups raise big money in so-called initial coin offerings, but it is not always clear what they are selling](https://www.reddit.com/r/indepthstories/comments/79gdio/how_floyd_mayweather_helped_two_young_guys_from/) on /r/indepthstories with 19 karma (created at 2017-10-29 21:05:42 by /u/xarc13)  * [How Floyd Mayweather Helped Two Young Guys From Miami Get Rich](https://www.reddit.com/r/SecurityAnalysis/comments/79hvlk/how_floyd_mayweather_helped_two_young_guys_from/) on /r/SecurityAnalysis with 3 karma (created at 2017-10-30 01:42:46 by /u/lingben)  * [How Floyd Mayweather Helped Two Young Guys From Miami Get Rich](https://www.reddit.com/r/CryptoCurrency/comments/793vr5/how_floyd_mayweather_helped_two_young_guys_from/) on /r/CryptoCurrency with 1 karma (created at 2017-10-27 23:15:42 by /u/thussprach)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "183419", "title": "", "text": "\"Both prices are quotes on a single share of stock. The bid price is what buyers are willing to pay for it. The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or \"\"spread\"\") goes to the broker/specialist that handles the transaction.\""}
{"_id": "183450", "title": "", "text": "According to GOV.UK, you can only apply for Student Finance if: Since you don't fulfill the criterion 2 and 3, you are technically not eligible for Student Finance. Since you have received information from Student Finance England that you can apply for the maintenance loan, you should either write to them or call them again, to confirm the information given to you."}
{"_id": "183461", "title": "", "text": "Merely restating their words in a mocking tone is not a counter argument. If you have no car you will have great difficulty finding and retaining employment unless you live in a relatively dense urban area, which you may be able to afford either.  If you have no education you will similarly have difficulty finding employment, and finding employment that will afford you a stable life.   If your choices are restained to relative poverty or debt, it's hard to argue that you are in charge of those choices."}
{"_id": "183462", "title": "", "text": "How much is your time worth This has been useful for me, judging things based on how much their time value is worth to me, weighted more heavily than their actual worth. For instance, there was a time when I used to work on the weekends and pay to have my laundry done. Doing the laundry myself would have cost 25 cents, but taken two hours at least. Since I was making $45 an hour, I would have lost $90 dollars by doing my laundry, instead of paying specialists $28 to do it for me, much better than I would. Your own capital should begin growing at a rate that makes many MANY things worth less than the time it takes for you to entertain it. So in your cable bill example, you shouldn't have argued for a $5 credit for two hours, unless you make $2.25 an hour, after tax. This is simplistic, as you would extrapolate how much this would cost you over a year or two, but such cost benefit analysis' become easy with this simple concept. This can also be used to rationalize your lavish expenditures. Such as not really comparing the costs for a flight, because its a 2 hour flight for $400 and you've found yourself making at least $200 an hour with your $416,000 annual earnings and capital gains. This will cure your frugality while retaining safe guards on your spending."}
{"_id": "183477", "title": "", "text": "\"I would suggest to get an authoritative response from a CPA. In any case it would be for your own benefit to have at least the first couple of years of tax returns prepared by a professional. However, from my own personal experience, in your situation the income should not be regarded as \"\"US income\"\" but rather income in your home country. Thus it should not appear on the US tax forms because you were not resident when you had it, it was given to you by your employer (which is X(Europe), not X(USA)), and you should have paid local taxes in your home country on it.\""}
{"_id": "183479", "title": "", "text": "Well sure, but instead of credit card receivables, car loans, etc, the underlying assets are other ABS/MBS/CLOs...so it's an order of magnitude more securitization. And those aren't happening anymore. ABS is definitely active though, and it's a good thing too!"}
{"_id": "183497", "title": "", "text": "Buy only 'Direct' Plans, not regular. - Demat providers won't sell Direct plans, that you can do it through https://www.mfuindia.com Make sure expense ratio < 2.5% (With direct plans it will be much lesser) I hope these points will help you to take a better decision."}
{"_id": "183500", "title": "", "text": "Generally prepaid services should be capitalized over the period prepaid. But if it is up to a year - you can just expense them. As to the technicalities - you can contact Intuit support, but you should be able to put it in the same area where you put all your other business expenses. If you're a sole proprietor - that would be Schedule C."}
{"_id": "183506", "title": "", "text": "Generally it is a taxable transaction. Basic principle of taxation everywhere is that the mean of payment doesn't matter. If the income is taxable - it is taxable regardless of the unit of currency you used. It can be a strawberry, a bitcoin, a gold nugget, or a dollar, it doesn't change a thing about how it is taxed. If you look at the United States tax code definition of taxable income, for example, you will find no mention whatsoever of any currency. Similarly with other tax laws I'm familiar with. I'm sure there's no such limitation in Australia."}
{"_id": "183531", "title": "", "text": "The literal answer to your question 'what determines the price of an ETF' is 'the market'; it is whatever price a buyer is willing to pay and a seller is willing to accept. But if the market price of an ETF share deviates significantly from its NAV, the per-share market value of the securities in its portfolio, then an Authorized Participant can make an arbitrage profit by a transaction (creation or redemption) that pushes the market price toward NAV. Thus as long as the markets are operating and the APs don't vanish in a puff of smoke we can expect price will track NAV. That reduces your question to: why does NAV = market value of the holdings underlying a bond ETF share decrease when the market interest rate rises?  Let's consider an example. I'll use US Treasuries because they have very active markets, are treated as risk-free (although that can be debated), and excluding special cases like TIPS and strips are almost perfectly fungible. And I use round numbers for convenience. Let's assume the current market interest rate is 2% and 'Spindoctor 10-year Treasury Fund' opens for business with $100m invested (via APs) in 10-year T-notes with 2% coupon at par and 1m shares issued that are worth $100 each. Now assume the interest rate goes up to 3% (this is an example NOT A PREDICTION); no one wants to pay par for a 2% bond when they can get 3% elsewhere, so its value goes down to about 0.9 of par (not exactly due to the way the arithmetic works but close enough) and Spindoctor shares similarly slide to $90. At this price an investor gets slightly over 2% (coupon*face/basis) plus approximately 1% amortized capital gain (slightly less due to time value) per year so it's competitive with a 3% coupon at par.  As you say new bonds are available that pay 3%. But our fund doesn't hold them; we hold old bonds with a face value of $100m but a market value of only $90m. If we sell those bonds now and buy 3% bonds to (try to) replace them, we only get $90m par value of 3% bonds, so now our fund is paying a competitive 3% but NAV is still only $90.  At the other extreme, say we hold the 2% bonds to maturity, paying out only 2% interest but letting our NAV increase as the remaining term (duration) and thus discount of the bonds decreases -- assuming the market interest rate doesn't change again, which for 10 years is probably unrealistic (ignoring 2009-2016!). At the end of 10 years the 2% bonds are redeemed at par and our NAV is back to $100 -- but from the investor's point of view they've forgone $10 in interest they could have received from an alternative investment over those 10 years, which is effectively an additional investment, so the original share price of $90 was correct."}
{"_id": "183597", "title": "", "text": "\"I have never said anything about liking Obama, so that's pure projection on your part. Classic attitude of wanting to see something so bad, that you see it even when it's not there.   What you fail to realize is that the stories that Fox News (and many other \"\"news\"\" organizations, but your demo seems to REALLY love Fox because they tell you all what you want to hear and play right into your confirmation bias) are based a handful of crazy people out of literally billions. There's crazy Muslims, there's crazy Atheists, there's crazy Catholics. Your fear mongering attitude talks about a group of a few people thousands of miles away, while ignoring the fact that nearly all mass attacks, acts of terrorism, etc in this cointry are done by white, Christian, American citizens. I think YOU should be illegal.\""}
{"_id": "183612", "title": "", "text": "Assuming you buy the services and products beforehand and then provide them to your clients. Should the cost of these products and services be deducted from my declared income or do I include them and then claim them as allowable expenses? You arrive at your final income after accounting for your incomings and outgoings ?  regularly buys products and services on behalf of clients These are your expenses. invoice them for these costs after These are your earnings. These are not exactly allowable expenses, but more as the cost of doing your business, so it will be deducted from your earnings. There will be other business expenses which you need to deduct from your earnings and then you arrive at your income/profit. So before you arrive at your income all allowable expenses have been deducted. include on my invoices to clients  VAT if you charge VAT. Any charges you require them to pay i.e. credit card charges etc. You don't need to inform clients about any costs you incur for doing your business unless required by law. If you are unsure about something browse the gov.uk website or obtain the services of an accountant. Accounting issues might be costly on your pocket if mistakes are committed."}
{"_id": "183643", "title": "", "text": "These are treasury stocks allocated to the plan. If necessary, a company issues new shares (depending on a company it may require shareholders or only board approval)."}
{"_id": "183644", "title": "", "text": "Lived in same situation for 8 years. I walked into a BMO - told them what I needed to do and they set me right up - no U.S. accounts necessary. My account allowed me to pay bills in USD or CDN. Doesn't get any simpler than that."}
{"_id": "183652", "title": "", "text": "It's a business decision for a lot of people.  You can either be stuck with the debt for the rest of your life, or you can default, settle for a much smaller amount, and ride out the 7 years that it will be on your credit."}
{"_id": "183654", "title": "", "text": "The World Recovery Centers provided high-quality drug and alcohol recovery treatment for more than 30 years in the United States and the whole world. This treatment center run by Dr. Alan Meyers. He many of his cases utilizing past life regression. If you are searching best Treatment centers for drugs, then we are the way for you. This can be beneficial for individuals who are attending drug abuse center need to maintain a regular life."}
{"_id": "183660", "title": "", "text": "I've had a card cloned 15 years ago and used to buy over 5k of goods in another country. So the inconvenience of having a card closed and re-issued is quite annoying even though the charges were reversed and I was made whole. But these days most CC fraud isn't from a card scanned by a waiter and cloned then used elsewhere. Mostly it is poorly secured databases or point of sale terminal malware. The latter is getting curtailed by chipped cards and the largest source of fraud is now online transactions (so called card not present) where the merchant has your CC number. If their system is breached the bad guys have a wealth of card numbers they sell in an E-bay like site on the dark web. This is where the Citi virtual CC comes in handy. Here's how it works to protect the bank and the hassles you go through when a card as to be re-issued. Citi's virtual CCs let you generate an actual credit card, complete with security code and expiration date. What is unique is that once the virtual CC is used it can only be used subsequently by that same merchant and is declined by any other. You can also set a total limit on what the merchant can charge as well as an expiration date. I use them for all my online accounts because they are, for all practical purposes, immune to the malware that steals CC info. Even if somehow the virtual CC is used before the merchant makes the initial charge that locks in the CC to their account the charge can be reversed without closing your actual card which has a different number. You can manage multiple Citi virtual CCs and view charge status, close, or adjust limits over time so managing them is quite easy with no risk to your primary account."}
{"_id": "183688", "title": "", "text": "I just want to point out something that seems to be generally true: If you are supposed to report something to the IRS, and you don't, the IRS will probably send you a letter assuming the maximum possible tax liability, and it's up to you to prove that scenario is incorrect. In your case you obviously owe no tax, but since you didn't report it, the IRS simply assumed that you do owe tax until you prove otherwise. You're one form away from fixing the issue. I have first hand experience that this is also true if you forget to report an HSA distribution. I received a letter considering my entire distribution as if it was for non eligible medical expenses. This made the amount taxable and had an additional 20% penalty to boot. Of course I have medical receipts for all of the distributions which makes them not taxable, and had I simply put the correct number on my return to begin with I wouldn't have had to fill out the additional form to correct my mistake."}
{"_id": "183689", "title": "", "text": "Go buy adsense. you don't understand what you are doing.   Where is the video where it is eating broomsticks and ipods? Where is the picture of you dangling a cute kitten over it?  or showing how you can use it to make cole slaw?   YOu need to *make content* to promote a product on a social network - linking to your sales page is like giving someone a box of nose hair  for a present. It will get downvoted into nothingness before anyone with a wallet in Australia will see it.    Again - this isn't a bulletin board at Starbucks. Go think harder."}
{"_id": "183699", "title": "", "text": "\"&gt;those fossil free funds have been outperforming their fossilized index counterparts  Why am I not surprised that over a 3 year or less time period, during the worst oil crash in at least 20 years, a fund the excludes that sector is performing better? What a misleading statement.   Like saying in early 2000, \"\"oh my tech-free fund is outperforming the funds with tech stocks\"\" while ignoring the dot com bubble bursting having any effect, and implying that tech stocks will never recover.\""}
{"_id": "183722", "title": "", "text": "You have a couple of options: Auto-investing in an open-end mutual fund.  Some companies may waive a minimum if you sign up for an automatic investing, e.g. T. Rowe Price will waive its minimum if you agree to invest $100/month.  There may be some lower ones out there as well. Some brokers like ShareBuilder have programs where someone could auto-invest getting fractional shares with each purchase.  However, something to consider is what percentage is it costing you to buy each time as it may be quite a bit of friction if you are paying $4 a purchase and only buying $40, this is 10% of your investment being eaten up in costs that I'd highly advise taking the first option."}
{"_id": "183733", "title": "", "text": "\"If there's one reasonably close to you, you could go to a no-haggle dealership.  Instead of making you haggle the price downward, they just give a theoretically fixed price that's roughly what the average customer could negotiate down to at a conventional dealer.  Then just do your best broken record impression if they still try to sell you dubious addons:  \"\"No.  No.  No.  No.  No...\"\" The last time I bought a new car (06), a no haggle dealer offered the second best deal I got out of 4 dealerships visited.  The one I ended up buying with made an exceptional offer on my trade (comparable to 3rd party sale bluebook value). - My guess is they had a potential customer looking for something like my old car and were hoping to resell it directly instead of flipping it via auction.\""}
{"_id": "183735", "title": "", "text": "Mumbai Escorts Agency is the leading escort agency in Mumbai, which is most renowned for their hot, blonde, sexy, accurate body measurements. Our escorts in Mumbai are highly very safe for serving you and able to take a clear cut relation to bed with you."}
{"_id": "183760", "title": "", "text": "Thanks for the abusive message in my mailbox!  You know, I love Vancouver, but I hate spammers.  You are a spammer - you are posting to this group which explicitly prohibits Spam, and yet you did it over and over and over and over.  That's selfish and dishonest.   Clearly you are too _stupid_ to understand that people resent having to read your advertising - advertising that you didn't pay Reddit a penny to do.  So fuck off and die in a fire, you arrogant asshole."}
{"_id": "183774", "title": "", "text": "At least in the US, many credit card companies offer statements that categorize your spending on that card and break it down by different categories depending on the merchant category code.   Having different cards for each budget category can be a good idea if different cards have different rewards bonuses depending on categories: e.g. this card gives a high percentage back at gas stations, that one at grocery stores, another at restaurants, etc."}
{"_id": "183781", "title": "", "text": "Absolutely yes. Just because a lease provides an option for renewal does not mean that a tenant cannot try to re-negotiate for better terms. You should always negotiate the rent. And start this conversation as soon as possible. Offer to pay three months\u2019 rent in advance (of course, if you have enough means)."}
{"_id": "183800", "title": "", "text": "http://www.irs.gov/publications/p950/ar02.html Gift tax is owed by the giver, not the recipient. So my first guess is that you can make the transfer in your home country, and as the givers will not be subject to US tax, it won't apply at all. You can then transfer the money into the US freely. In any case, there's a lifetime exemption of 1mn USD. So, unless non-US persons don't get the exemption, I can't see the tax being a problem anyway unless there are going to be several more such transfers."}
{"_id": "183814", "title": "", "text": "\"We get so caught up in the psychoactive side of Marijuana (THC=$$$) regardless of there not being a risk of overdose and we lose site of its untapped potential.  I hope one day we can see a \"\"lives saved\"\" statistic in relation to CBD with epilepsy and other ailments.\""}
{"_id": "183833", "title": "", "text": "I got some Adidas Sambas for $35, but only because someone posted the deal over at the Something Awful forums.  I never would have found it just browsing the sale, because apparently the goal of Prime Day is to make it incredibly hard for me to find the stuff I actually want to buy."}
{"_id": "183839", "title": "", "text": "\"Until the CARD act, credit card rules required that merchants had no minimum purchase requirement to use a card. New rules permit a minimum but it must be clearly posted.  Update - Stores can now refuse small credit card charges is an excellent article which clarifies the rules. It appears that these rules apply to credit, not debit cards. So to be clear - the minimum do not apply to the OP as he referenced using a debit card.  \"\"Superiority\"\"? Hm. I'd be a bit embarrassed to charge such small amounts. Although when cash in my wallet is very low, I may have little choice. Note, and disclaimer, I am 48, 30 years ago when I started using cards, there were no POS machines. Credit card transactions had a big device that got a card imprint and the merchant looked up to see if your card was stolen in a big book they got weekly/monthly. Times have changed, and debit cards may be faster, especially if with cash you give the cashier $5.37 for a $2.37 transaction, but the guy entered $5 already. This often takes a manager to clear up.\""}
{"_id": "183846", "title": "", "text": "Als we thuis zijn, willen we onthaasten en moeilijk gedoe voorkomen. Waarom zou je moeite doen ijsblokjes maken als je gekoeld water hebt in de watercooler. De cooler heeft ook de optie tot heet water en bied ons nog meer comfort. Dit vermindert de inspanning koffie of thee te maken, omdat we heet water uit de cooler kunnen tappen."}
{"_id": "183856", "title": "", "text": "Once you roll the money from the 401K into a rollover IRA don't mix it with new funds. The money from the 401K will be treated differently depending on if the funds are pre-tax, post-tax, Roth, or matching. (Yes, Post-tax and Roth are not the same thing). In the future an employer may allow you to roll IRA or 401K money into their program. They don't have to allow it, and they can put restrictions on the types of money they will accept."}
{"_id": "183861", "title": "", "text": "\"That's actually a great question. I'm not really sure how much they're pumping into that sector yet, but I know Exxon and a few others are very interested in what renewable energy avenues they can take advantage of. This article is a little old, but gives a good overview (there are many others like it). I think a lot is still in the \"\"testing\"\" phase right now though. https://www.theguardian.com/business/2016/may/21/oil-majors-investments-renewable-energy-solar-wind\""}
{"_id": "183865", "title": "", "text": "Both of our local Kmart stores closed within the last year, but before that, they were sad states of broken, and had been that way I think before even Sears took them over. They finally re-did the bathrooms in the early 2000's I think, but so many ceiling tiles had stains on them from water. I used to work at one (before the buyout), loss prevention really had nothing to work with either."}
{"_id": "183869", "title": "", "text": "\"The title of your question is quite different then the content.  The term \"\"Rat Race\"\" was coined in the 70's and refers to the endless cycle of working hard to consume more.  Fortunately it is very easy not to participate in the cycle and probably will lead to more happiness.  Just because one \"\"works\"\" does not mean they are participating in the \"\"rat race\"\", and I would recommend the following: When I think of \"\"rat race\"\" I picture a a bumper-to-bumper freeway of people struggling to get to work.  For others it might be different, but that kind of rat race is easily avoided by the multitude of remote work opportunities.  Some jobs allow you to work anywhere in the world. Avoiding the rugged consumerism also helps avoid the feelings of being a rat on the wheel.  Sure one can like nice things, but do we have to have everything that Madison Ave is trying to sell us?  No.  Pick some nice things and pay cash. Debt, especially consumer debt, causes a person (in effect) to work for a bank.  Avoiding debt will remove those feelings. Saving and investing also helps avoid those feelings.  There is profound satisfaction in watching ones account balances grow.  Once you see that your investment earnings can outpace your expenses, and then your salary you really feel like you are getting ahead.      Above all else giving is a paramount and often overlooked part of a person's financial life.  It causes one to be humble and recognize that most people, in this world, are less fortunate that us.  It avoids runaway provide that justifies purchases that we cannot afford.   So yea you can avoid the \"\"Rat Race\"\" and still work.\""}
{"_id": "183875", "title": "", "text": "\"Credit is a racket.  What is a \"\"YouTube prank channel\"\"? Because that sounds dumb.  Not trying to be negative, it just sounds dumb. If you're thinking something like that TV show \"\"Jackass\"\" Aren't there like 1000 of those on Youtube now? I doubt any of them are making any real money.  I bet you can think of something better to do than acting like a fool on camera.. looking for an investor sounds like a sound plan but you need to have an idea first. The best advice I've heard is try to find a problem in the world that needs solving, and find a solution for it. If it's a good solution people will buy it.  And then you've done something you can feel proud of.\""}
{"_id": "183877", "title": "", "text": "If your sister refuses to discuss the matter, I can't imagine how you'll resolve it without going to court. I'd guess that ultimately a judge would say that if you can't all agree on what to do, that the property must be sold and the money distributed between you. As others here have said, you really want to get a lawyer."}
{"_id": "183880", "title": "", "text": "The safest, quickest and cheapest option would be to do a wire transfer from your HK account to an account in a US bank. You can contact HSBC and ask them if it would be cheaper if the US bank account is at HSBC as well, but I doubt it would be a significant saving. Check the rates in HK about a wire transfer, in the US, on the receiving side, the fees are not dependent on the amount and are about $10-$15 per occurrence (shop around)."}
{"_id": "183883", "title": "", "text": "First, of course, I agree with the comments about paying down debt. Then reserve some of those savings as an emergency fund. After that, the default answer is to invest in an index fund as Mr Belford suggested, such as Vanguard's total stock market index fund, and leave it there forever. Even when the market tanks -- especially don't sell it when the market tanks! I might leave some cash in reserve so I can buy when the market corrects/tanks and stocks go on sale, but I'm paranoid that way. (Pick 5 random people and you'll hear 6 contradictory opinions on where the market will move soon.) I personally would just park it in the index fund. You just graduated; you have so many things you could spend your time on (building career, socializing, learning kickboxing and sailing and rock climbing and woodworking and intramural soccer and.....), and landlording has the potential to become a time sink. On the other hand, if you're really into landlording, why not. Just be aware it's a lot more complex than pay $50k down and collect $500 in easy profit each month. There's a lot of learning to do before jumping in."}
{"_id": "183890", "title": "", "text": "\"&gt;Every major car company is doing research. There is going to be massive competition.  You failed to address the part where I said Tesla *wants* major car companies to compete.  That has been the entire point all along, from the very start.  And competition would be good for Tesla, because instead of Tesla alone having to spend resources on educating the ignorant public (e.g. you), this way other auto manufacturers would be able to help.  And Tesla would have other yardsticks to compare to, and to say \"\"see, we're better than them.\"\"  Tesla welcomes this.  Auto companies are behind the times because they've outsourced nearly all of their engineering expertise.  They are good at volume production and engines.  That's most of what's left of any major auto manufacturer.  So take away the engine, and they have nothing.  To make a compelling EV, they need to start from scratch, and it takes years to develop a car.  This is why competition hasn't come, and why compelling competition isn't coming.  The only companies with somewhat compelling offerings are those who started very early - BMW and Nissan - or those who have partnered with Tesla - Mercedes and sort-of-Toyota.  Porsche has a chance since they still have engineers, but they're dragging their feet.  Everyone else is basically fucked.  And not just because of the lack of engineering, but because of the nature of large companies.  It takes a lot to right a large ship.  Companies will be loathe to release compelling EVs because they will compete against themselves, they will have to advertise the EVs as if they are better than their gas offerings which still make up 99% of their sales.  This puts them in a sort of paralysis and they can't do anything about it.  *Someone* is going to take bites out of their market share, and it's either going to be them or it's going to be Tesla.  &gt; In the real world there is specialization. Some companies design cars, others design batteries.  Have you seriously never heard of vertical integration?  My previous paragraph talks about the perils of the sort of specialization you're talking about.  Because automakers have spun off all their expertise, they are not nimble enough to compete in a changing market.  Vertical integration is not the answer to everything, but it is a very good way to make your company nimble and keep costs down if you can do it.  That's what Tesla is aiming for.  It's not a new concept...and the fact that you've never heard of it \"\"confirms my view that you don't understand the issues.\"\"  &gt; THE ACTUAL BATTERY COMPANIES wouldn't do it. But you think Musk knows more about batteries than the actual battery companies.  Tesla has particular expertise about automotive batteries, yes.  They do their own battery research and have their own IP and patents (which they've opened) related to it.  And they have a partner, Panasonic, who is the leader in batteries.  Did you know that?  Did you know that Panasonic is partnering in the battery factory?  Because it sounds like you didn't, which \"\"confirms my view that you don't understand the issues.\"\"    Panasonic is partnering in their battery factory, and will be responsible for much of the production.  And Panasonic has been making quite a tidy profit on their battery manufacturing for several years thanks to Tesla.  &gt;the ACTUAL BATTERY COMPANIES declined to spend massive capital for a plant to supply TSLA cars  Literally in the same exact call that this article is about, on the same day, Panasonic and Tesla announced that Panasonic is spending massive capital for a plant to supply TSLA cars.  Not only have they increased production at their own plant tremendously over the course of the last few years, they will end up spending a billion dollars on the Tesla plant (on the call, Elon said \"\"Tesla will provide 40-50% of the total cost. **Panasonic about 20-40%**. States 10% and other partners 10,15,20% depending on how vertical they go with the factory\"\", Panasonic has already committed 200-300 million for the initial buildout per the press release on earnings day, and will be onboard for at least a billion, but Elon thinks they may do more in the end).  So no, you really, *really* don't understand it.\""}
{"_id": "183891", "title": "", "text": "It's important because you may be able to reduce the total amount of interest paid (by paying the loan faster); but you can do nothing to reduce the total of your principal repayments. The distinction can also affect the amount of tax you have to pay. Some kinds of interest payments can be counted as business expenses, which means that they reduce the amount of income you have to pay tax on. But this is not generally the case for money used to repay the loan principal."}
{"_id": "183898", "title": "", "text": "It is true that this is possible, however, it's very remote in the case of the large and reputable fund companies such as Vanguard. FDIC insurance protects against precisely this for bank accounts, but mutual funds and ETFs do not have an equivalent to FDIC insurance. One thing that does help you in the case of a mutual fund or ETF is that you indirectly (through the fund) own actual assets. In a cash account at a bank, you have a promise from the bank to pay, and then the bank can go off and use your money to make loans. You don't in any sense own the bank's loans. With a fund, the fund company cannot (legally) take your money out of the fund, except to pay the expense ratio. They have to use your money to buy stocks, bonds, or whatever the fund invests in. Those assets are then owned by the fund. Legally, a mutual fund is a special kind of company defined in the Investment Company Act of 1940, and is a separate company from the investment advisor (such as Vanguard): http://www.sec.gov/answers/mfinvco.htm Funds have their own boards, and in principle a fund board can even fire the company advising the fund, though this is not likely since boards aren't usually independent. (a quick google found this article for more, maybe someone can find a better one: http://www.marketwatch.com/story/mutual-fund-independent-board-rule-all-but-dead) If Vanguard goes under, the funds could continue to exist and get a new adviser, or could be liquidated with investors receiving whatever the assets are worth. Of course, all this legal stuff doesn't help you with outright fraud. If a fund's adviser says it bought the S&P 500, but really some guy bought himself a yacht, Madoff-style, then you have a problem. But a huge well-known ETF has auditors, tons of different employees, lots of brokerage and exchange traffic, etc. so to me at least it's tough to imagine a risk here. With a small fund company with just a few people - and there are lots of these! - then there's more risk, and you'd want to carefully look at what independent agent holds their assets, who their auditors are, and so forth. With regular mutual funds (not ETFs) there are more issues with diversifying across fund companies: With ETFs, there probably isn't much downside to diversifying since you could buy them all from one brokerage account. Maybe it even happens naturally if you pick the best ETFs you can find. Personally, I would just pick the best ETFs and not worry about advisor diversity. Update: maybe also deserving a mention are exchange-traded notes (ETNs). An ETN's legal structure is more like the bank account, minus the FDIC insurance of course. It's an IOU from the company that runs the ETN, where they promise to pay back the value of some index. There's no investment company as with a fund, and therefore you don't own a share of any actual assets. If the ETN's sponsor went bankrupt, you would indeed have a problem, much more so than if an ETF's sponsor went bankrupt."}
{"_id": "183909", "title": "", "text": "Reminds me when people complain about not being able to retire but they never invested in any indexes or have a 401K. Like no shit you have no money you didn't plan well, why should I be taxed higher bc I did.  I use dividends to reinvests back into stocks or indexes. Capital income isnt the problem its financial education. Dont be upset I know how to handle my money; people should be educated better on financial planning. Teach that in public schools and embrace people investing money, not make out the rich as some kind of criminal. I can agree inherited wealth is bullshit but being self made and investing well shouldn't be looked down upon because people struggle with the realism that its their fault they dont have money to retire. Life is a bunch of opportunities and choices and yes some people get spoon fed opportunities but it's still a choice to be financially responsible. Stop blaming the rich and educate the working poor and below poverty level how to financially plan their future."}
{"_id": "183910", "title": "", "text": "The problem there is that there's a tax due on that dividend. So, if you wish, you can buy the ETF and specify to reinvest dividends, but you'll have to pay a bit of tax on them, and keep track of your basis, if the account isn't a retirement account."}
{"_id": "183926", "title": "", "text": "Cost basis is irrelevant because the entire distribution is taxed as ordinary income even if the custodian distributes stock or mutual fund shares to you. Such distributions save you the brokerage fees that you would incur had you taken a cash distribution and promptly bought the shares outside the retirement account for yourself but they have no effect on the tax treatment of the distribution: the market value of the shares distributed to you is taxed as ordinary income, and your basis in the newly acquired shares outside the retirement account is the market value of the shares, all prices being as of the date of the distribution."}
{"_id": "183934", "title": "", "text": "not sure if serious, read on if you don't think the previous comment is sarcasm.  No, they don't. The point of investing is to buy a stake in something that will become more valuable in the future. Other things don't have to devalue for your investment to gain value. This is possible because the net value of everything is increasing over time (compare the value of all the world's private property today to its value in 1900)."}
{"_id": "183948", "title": "", "text": "This happens to my dad all the time. He requires a deposit up front, but sometimes he'll let people slide without a deposit, or they refuse to pay the balance or something.   After he has called and harrassed them about it, he boxes up the files of people that don't pay and hands it off to a lawyer. He has a deal worked out where he provides the lawyer with all the paperwork and the lawyer gets to keep 20% of whatever he can collect. The rest is just written off.  The key thing is determining how much time and money you want to sink trying to get that money back. You don't know the likelihood of actually collecting that money, and every hour you spend on it is an hour you could spend generating more business"}
{"_id": "183959", "title": "", "text": "&gt; 500 million active consumers worldwide, with about 1,500 data points per person.  500 million is a lot of people to keep track of, but 1500 data points per person probably isn't enough to get a reliable answer out of a machine learning algorithm. Unless each 'data point' is meant to mean something they definitively 'know' about each user."}
{"_id": "183960", "title": "", "text": "I switched from Quicken for Mac to Moneydance, and have not regretted it.   I see only one weakness in MD compared with Quicken: its reporting is not very good.  Your information is all there and well organized, but sometimes it's hard work to extract it in a convenient form. Of course a lot depends on what you need from the application, but I strongly recommend you take a look at MD before deciding."}
{"_id": "183986", "title": "", "text": "Now get high quality video cameras available for rent in India. Like never before it will help you to save your money and time. These video cameras by Landmark communication have got maximum flexibility and functionality. Grab them on rent at fairest prices today."}
{"_id": "183999", "title": "", "text": "\"Be wary of pump and dump schemes. This scheme works like this: When you observe that \"\"From time to time the action explodes with 100 or 200% gains and volumes exceeding one million and it then back down to $ 0.02\"\", it appears that this scheme was performed repeatedly on this stock. When you see a company with a very, very low stock price which claims to have a very bright future, you should ask yourself why the stock is so low. There are professional stock brokers who have access to the same information you have, and much more. So why don't they buy that stock? Likely because they realize that the claims about the company are greatly exaggerated or even completely made up.\""}
{"_id": "184008", "title": "", "text": "If your friend thinks he can live there for free due to his unique interpretation of contract law, he is mistaken. He'll get evicted if he doesn't pay rent, and likely end up with a judgement against him for unpaid rent. At its core, a rental agreement ensures that in exchange for paying rent, he may occupy the property. You can argue up and down about payment methods, but the fact remains he must pay rent in order to live there. Your friend MAY have an argument that he could move out and not be subject to penalty for breaking the lease because the payment terms changed. He'd have to give notice and would still owe for the time he occupied the property. There's just no way he can live there for free. He may find this out the hard way."}
{"_id": "184022", "title": "", "text": "Financial benefit? No. No matter whether you are paid based on a salary or by the hour, the frequency of your pay check has no effect since at the end of the year you will have received the exact same amount of money. Psychological benefit? Well, from the many answers and comments on this page that seem to think there is a difference, then apparently there is a large psychological difference. Whether that is a benefit or not, I guess, depends on your personality."}
{"_id": "184025", "title": "", "text": "I went to undergrad at Cal.  3.0 wont get you into any large company on campus in business (budge brackets, top 3 consulting, big 4 accounting).  you won't even get an interview unless you are 3.5+.  Isn't the ratio career services typically quote like 13:1 students applying to interview or something?"}
{"_id": "184040", "title": "", "text": "Not exactly, patents don't give you anything. Patents just prevent others from doing what it is you did. Whether you exercise your patent is unrelated to having gotten one.  Also, patents in reality produce inefficiencies and detract from innovation. I don't care what they're theoretically designed to do partially because theoretically, we're all equal even though in reality we're clearly not."}
{"_id": "184042", "title": "", "text": "\"Getting \"\"physical stocks\"\" will in most cases only be for the \"\"fun of it\"\". Most stocks nowadays are registered electronically and thus the physical stock will be of no value - it will just be a certificate saying that you own X amount of shares in company X; but this information is at the same time registered electronically. Stocks are not like bearer bonds, the certificate itself contains no value and is registered to each individual/entity. Because the paper itself is worthless, stealing it will not affect your amount of stock with the company.  This is true for most stocks - there may exist companies who live in the 70s and do not keep track of their stock electronically, but I suspect it will only be very few (and most likely very small and illiquid companies).\""}
{"_id": "184050", "title": "", "text": "There aren't swarms of very profitable businesses waiting for a chance, if only less profitable businesses would get out of the way.  If they were more profitable, they would already be here.  The trade off is between businesses that don't pay as much as you would like and nothing at all."}
{"_id": "184051", "title": "", "text": "The point is that the bid and ask prices dictate what you can buy and sell at (at market, at least), and the difference between the two, or spread, contributes implicitly to your gains or losses. For example, say your $1 stock actually had a bid of $0.90 and an ask of $1.10; i.e. say that $1 was the last price. You would have to buy the stock at the ask price of $1.10, but now you can only sell that stock at the bid price of $0.90. Thus, you would need to make at least that $0.20 spread before you can make a profit."}
{"_id": "184068", "title": "", "text": "I have.   Two of us started a company around Christmas, we doubled in size every 3 weeks or so, by June we had well over 1 million customer and 70 employee, by September we went broke.  It was a hell of a ride."}
{"_id": "184070", "title": "", "text": "I'm surprised by all these complicated answers. Yes @Victor, you can create a form that asks people to put down their financial information but you want to be careful and not put off potential tenants by asking for too many details. Depending on the OP's typical tenants, an extensive background and credit check may not be necessary. For example, if I have proof that someone is a graduate student at the local university, that's usually good enough for me because I am willing to bet that they will follow my contract.  Bidding war doesn't sound doable, you advertise a price correct? You can only be haggled down not up.  So my suggestion is to look at other rental advertisements in the area. Compare what you're offering (location, quality of house, cleanliness, amenities, etc) to the competition and price accordingly. If you're getting a flood of interest, then you're probably pricing below the average price in your area. Or you live in an area where demand is just much higher than supply, in which case you can also raise your rent."}
{"_id": "184077", "title": "", "text": "\"Your employer sends the money that you choose to contribute, plus employer match if any, to the administrator of the 401k plan who invests the money as you have directed, choosing between the alternatives offered by the administrator. Typically, the alternatives are several different mutual funds with different investment styles, e.g. a S&P 500 index fund, a bond fund, a money-market fund, etc.  Now, a statement such as \"\"I see my 401k is up 10%\"\" is meaningless unless you  tell us how you are making the comparison. For example, if you have just started employment and $200 goes into your 401k each month and is invested in a money-market fund (these are paying close to 0% interest  these days), then your 11th contribution increases your  401k from $2000 to $2200 and your 401k is \"\"up 10%\"\". More generally, suppose for simplicity that all the  401k investment is in just one (stock) mutual fund and that you own 100 shares of the fund as of right now.  Suppose also that your next contribution will not occur for three weeks when you get your next paycheck, at which time additional shares of the mutual fund will be purchased Now, the value of the mutual fund shares (often referred to as net asset value or NAV) fluctuates as stock prices rise and fall, and so the  401k balance = number of shares times NAV changes in accordance with these fluctuations. So,  if the NAV increases by 10% in the next two weeks, your 401k balance will have increased by 10%.  But you still own only 100 shares of the mutual fund. You cannot use the 10% increase  in value to buy more shares in the mutual fund  because there is no money to pay for the additional shares  you wish to purchase.  Notice that there is no point selling some of the shares (at the 10% higher NAV) to get cash  because you will be purchasing shares at the higher NAV too. You could, of course, sell shares of the stock mutual fund at the higher NAV and buy shares of some other fund available to you in the 401k plan.  One advantage of doing this inside the 401k plan is that you don't have to pay taxes (now) on the 10% gain that you have made on the sale. Outside tax-deferred plans such as 401k and IRA plans, such gains would be taxable in the year of the sale.  But note that selling the shares of the stock fund and buying something else indicates that you believe that the NAV of your stock mutual fund is unlikely to increase any further in the near future. A third possibility for your 401k being up by 10% is that the mutual fund paid a dividend or made a capital gains distribution in the two week period that we are discussing.  The NAV falls when such events occur, but if you have chosen to reinvest the dividends and capital gains, then the number of shares that you own goes up.  With the same example as before, the NAV goes up 10% in two weeks at which time a capital gains distribution occurs, and so the NAV falls back to where it was before.  So, before the capital gains distribution, you owned 100 shares at $10 NAV which went up to $11 NAV (10% increase in NAV) for a net increase in 401k balance from $1000 to $1100. The mutual fund distributes capital gains in the amount of $1 per share sending the NAV back to $10, but you take the $100 distribution and plow it back into the mutual fund, purchasing 10 shares at the new $10 NAV.  So now you own 110 shares at $10 NAV (no net change in price in two weeks) but your 401k balance is $1100, same as it was before the capital gains distribution and you are up 10%.  Or, you could have chosen to invest the distributions into, say, a bond fund available in your 401k plan and still be up 10%, with no change in your stock fund holding, but a new investment of $100 in a  bond fund. So, being up 10% can mean different things and does not necessarily mean that the \"\"return\"\" can be used to buy more shares.\""}
{"_id": "184081", "title": "", "text": "\"It surely doesn't HURT to keep a receipt. I tend to pile up receipts in my desk drawer, never look at them, and then every few months throw them all out. If a vendor writes a receipt by hand or if the cash register is not tied in to the credit card system, keeping a receipt could give you evidence against mistakes or fraud. Like if the vendor gives you a receipt for $10 and then sends a transaction to the credit card company for $20, you could use the receipt as evidence of the problem. But if the vendor is trying to really cheat you, the most likely thing for him to do is run the legitimate transaction through, and then some time later run a fake transaction. So say today you go to vendor X, buy something for $20, and he bills your credit card $20. Then a few days later he bills you another $100 even though you never came back to the store. Sure, you have a receipt for $20. But you don't have a receipt for the $100 because you never authorized that transaction. Your receipt proves nothing -- presumably you're not disputing the $20. If you complain to the bank or go to the police or whatever, saying, \"\"Hey look, I don't have a receipt for the $100\"\" doesn't prove anything. How do they know you didn't just throw it away? It's difficult to prove that you never had such a receipt.\""}
{"_id": "184097", "title": "", "text": "I don't do corporate tax exclusively, but I don't think you're correct. The idea of pre-tax and post-tax earnings is significantly different from corporations than individuals since individuals see their taxes come out when they earn it and corporations pay taxes quarterly.  At the very least, it's certainly not equivalent to a charitable contribution."}
{"_id": "184137", "title": "", "text": "\"True! Apple basically makes the same phone every year, just with gimmick tools that \"\"wow\"\" iPhone users. The upgrades to all these new phones they release could easily be included in a current phone's monthly update, but they'd rather package it into a new phone for hundreds of dollars more.\""}
{"_id": "184175", "title": "", "text": "\"Credit reports have line items that, if all is well, say \"\"paid as agreed.\"\" A car loan almost certainly gets reported. In your case it probably says the happy \"\"paid as agreed.\"\"  It will continue to say that if you pay it off in full. You can get the happy \"\"paid as agreed\"\" from a credit card too.  You can get it by paying the balance by the due date every month, or paying the mininum, or anything in between, on time. But you'll blow less money in interest if you pay each bill in full each month. You don't have to carry a balance. In the US you can get a free credit report once a year from each of the three credit bureaus. Here's the way to do that with minimal upsell/cross-sell hassles. https://www.annualcreditreport.com/  In your situation you'd probably be smart to ask for a credit report every four months (from each bureau in turn) so you can see how things are going.  They don't give you your FICO score for free, but you don't really care about that until you're going for a big loan, like for a condo. It might be good to take a look at one of those free credit reports real soon, as you prepare to close out your car loan. If you need other loans, consider working with a credit union. They sometimes offer better interest rates, and they often are diligent about making credit bureau reports for their good customers; they help you build credit. You mentioned wanting to cut back on insurance coverage. It's a worthy goal, but it's generally called \"\"self-insuring\"\" in the business.  If you cancel your collision coverage and then wreck your car, you absorb the cost of replacing it. So think about your personal ability to handle that kind of risk.\""}
{"_id": "184190", "title": "", "text": "Look for recommendations for textbooks, then, and buy them used online (amazon, to start - but there are other websites).   I bought Fabozzi's text after watching the Robert Shiller youtube course on finance (he uses that text, I believe)."}
{"_id": "184194", "title": "", "text": "\"Far better than doing nothing and just \"\"job searching\"\".  Most (good) companies understand how rigorous the CFA program is, so it shows that you are doing what you can to progress on a financial career path.  It isn't the same has having relevant employment, but shows you are serious about the field.  Only downside is the initial cost of membership and registration (around $1000), which many companies will pay for if you work there.  Mine paid for registration, all the exams, study materials, etc...\""}
{"_id": "184196", "title": "", "text": "I don't disagree with what you're saying, but I think the approach of your article is flawed. It reads like a different person than the one that wrote your comment authored it. I believe that significantly detracts from any actual discussion."}
{"_id": "184208", "title": "", "text": "\"Some years ago, two \"\"academics,\"\" Ibbotson and Sinquefield did these calculations. (Roger) Ibbotson, is still around. So Google Roger Ibbotson, or Ibbotson Associates. There are a number of entries so I won't provide all the links.\""}
{"_id": "184210", "title": "", "text": "Insurance is for events that are both and Unexpected and, for many people, catastrophic events are, for example, sickness, disability, death, car accidents, house fires, and burglaries, for which you may buy health, disability, life, auto, home, and renter's insurance.  It may be catastrophic for a family relying on a very old earner for that earner to die, and you can buy life insurance up to a very old age, but the premiums will reflect the likelihood of someone of that age dying within the covered period.  The more expected an event is, the more anything referred to as insurance is actually forced savings. Health insurance with no copays on regular checkups expects the insured to use them, so the cost of those checkups plus a profit for the insurance company is factored into the premiums ahead of time.  A wooden pencil breaking may be unexpected. Regardless of foreseeability, no one buys insurance on wooden pencils, as the loss of a pencil is not catastrophic. What is catastrophic can be context dependent. Health-care needs are typically unforeseeable, as you don't know when you'll get sick. For a billionaire, needing health-care, while unforeseeable, the situation would not be catastrophic, and the billionaire can easily self-insure his or her health to the same extent as most caps offered by health insurance companies. If you're on a fixed budget buying a laptop, if it unexpectedly failed, that would be catastrophic to you, so budgeting in the cost of insurance or an extended warranty while buying your laptop would probably make sense. Especially if you need that $2000 laptop, spending an extra 17.5% would safeguard against you having to come out of pocket and depleting your savings to replace it, even though that brings you to a grand total of $2350 before taxes. However, if you're in that tight of a situation, I would strongly recommend you to find a less expensive option that would allow you to self-insure. If you found a used laptop for much less (I can even see Apple selling refurbished Macs for less than $1000) you might decide that your budget allows you to self-insure, and you could profit from being careful with your hardware and resolving to cover any issues with it yourself."}
{"_id": "184227", "title": "", "text": "there's only so much calculations a person can do before they're fatigued  people calculate how much time to give themselves to get ready for the day before work, they calculate necessary things during work, they calculate the gasoline or train ticket prices on their way home from work, they calculate how far they can stretch their budget after their rent increase, and then when they go shopping they have to calculate which toilet paper out of 20 choices is the most economical and not being sand paper  people are not lazy.... it's the system that makes people fatigued.  We have *too* many choices.  *Too* many calculations."}
{"_id": "184243", "title": "", "text": "A person who always saves and appropriately invests 20% of their income can expect to have a secure retirement. If you start early enough, you don't need anything close to 20%. Now, there are many good reasons to save for things other than just retirement, of course. You say that you can save 80% of your income, and you expect most people could save at least 50% without problems. That's just unrealistic for most people. Taxes, rent (or mortgage payments), utilities, food, and other such mandatory expenses take far more than 50% of your income. Most people simply don't have the ability to save (or invest) 50% of their income. Or even 25% of their income."}
{"_id": "184255", "title": "", "text": "I don't understand why they've bunkered down and kept this orca show going when they know it can all be over if they just remove that part. Stop the shows, free the orcas, they'll look like heroes, and everyone will flock to SeaWorld because they're good guys now. They listened and changed. People love those stories.  But they're destroying themselves with this. If they just got rid of the shows, people would love SeaWorld. They'd have higher attendance and more money to help more animals. The leadership is completely out of their minds."}
{"_id": "184288", "title": "", "text": "It has been hinted at in some other answers, but I want to say it explicitly: Volatility is not risk. Volatility is how much an investment goes up and down, risk is the chance that you will lose money. For example, stocks have relatively high volatility, but the risk that you will lose money over a 40 year period is virtually zero (in particular if you invest in index funds). Bonds, on the other hand, have basically no volatility (their cash flow is totally predictable if you trust the future of your government), but there is a significant risk that they will perform worse than stocks over a longer period. So, volatility equals risk only if you are day trading. A 401(k) is literally the opposite of that. For further reading: Never confuse risk and volatility Also, investing is not gambling. Gambling is bad because the odds are stacked against you. You need more than average luck to actually win and the longer you play, the more you will lose. Investing means buying productive capital that will produce further value. The odds are in your favor. Even if you do a moderately bad job at investing, the longer you stay, the more you will win."}
{"_id": "184297", "title": "", "text": "\"/endthread   But honestly, we should have a link to something like this in the sidebar, since quite a few people visit this subreddit for \"\"what are my chances / how do I break in\"\" advice. A lot of your response applies to others as well (and honestly it's kind of annoying seeing redundant threads about career advice).   Either that, or we direct everyone to /r/financialcareers.\""}
{"_id": "184299", "title": "", "text": "\"Mutual funds invest according to their prospectus. If they declare that they match the investments to a certain index - then that's what they should do. If you don't want to be invested in a company that is part of that index, then don't invest in that fund. Short-selling doesn't \"\"exclude\"\" your investment. You cannot sell your portion of the position in the fund to cover it. Bottom line is that money has no smell. But if you want to avoid investing in a certain company and it is important to you - you should also avoid the funds that invest in it, and companies that own portions of it, and also probably the companies that buy their products or services. Otherwise, its just \"\"nice talk\"\" bigotry.\""}
{"_id": "184301", "title": "", "text": "So to translate that to US English: taking an early retirement in lieu of impending layoffs.  If you have a layoff you're saying you have no need for the work and if you replace the workers then they come back to sue you (which seems to be what you're saying, and we have the same concept) but an early retirement is a voluntary exit with a compensation package such that any right to sue is forfeit because it was a consensual exit rather than mandatory.  Got it.  Thanks. :)"}
{"_id": "184303", "title": "", "text": "Its not just Citi and BoFA, even Barclays, HSBC and other large Banks are trading below book value in markets they are listed. Are there particular assets that are causing these two banks to be valued lower relative to their book values than the other banks? There no particular assets. Given the current economic situation most Banks are not making good returns, i.e. expected returns of markets are around 10-12% and the returns getting generated are around 4-6%. The overall slow down in various segments as well as regulations in most countries mean that banks have to relook at the business model in short term and generate more revenue. The market believes that Banks may loose money faster and hence the negative outlook and the trading below the book value. Note Book Value is derived in ideal conditions, i.e. when the company is healthy. If any company were to sell the assets in distress, the actual funds raised would be quite a bit less than Book Value. Its also to be noted that typically Banks would not close out and hence Book Value to an extent is just an indicator. Or is it a residual loathing based on their being the biggest losers of 2008 that are still around today? The 2008 has gone past. This is more recent. If you look most of these banks were doing quite well till last year and had recovered substantially after 2008."}
{"_id": "184307", "title": "", "text": "Chiming with my experience, because I hate generalizations of an entire country.  I'm Indian, born and raised, but came to the US to do my undergrad/uni and now work out of the US. I had a lot of the same qualms about working with my Indian peers, but I've found that it also depends on the support structure that companies offer. High turnover is definitely an issue, but that seems to be because companies focus more on hiring and less on retention (offering signing bonuses but then little to no continued progress, limited growth opportunities, rigid hierarchy, terrible working hours).  I have someone who reports to me in India now and it's an experiment on how to better engage them, and it's worked better. Turns out you can expect more when you also treat them like an American employee while expecting american results. There are definitely still cultural clashes in work ethic etc. but they can be overcome if you get people to stick around long enough.  Of course, this is anecdotal but that's my two cents."}
{"_id": "184310", "title": "", "text": "\"If you or they feel uneasy about you simply paying more rent than them for equal usage, you can work out an agreement where they \"\"pay\"\" in other ways. For example, I once lived with someone that made about double what I did, and so he paid more rent than I did. In exchange, I was responsible for cleaning the kitchen. If your roommates hate cleaning then you could substitute something like running errands, cooking, or looking after plants/landscaping. If they have some specialized skills then they might be able to provide those instead (car maintenance, financial management, etc.). Of course you'll want to agree ahead of time on what the conditions of satisfaction for the task are, such as how often the kitchen will have to be cleaned and what the definition of \"\"clean\"\" is. You also can't be a jerk and make their job extra hard, such as by completely trashing the kitchen every night.  Obviously it will depend on the temperament of your roommates whether or not they'll be happy with this or feel insulted being \"\"the help\"\". It worked for us because it was a task he hated and one I didn't mind, and it kept me from feeling like I was mooching off him. I would feel them out when you propose a possible rent and utilities split. If they feel like it's an unfair burden on you, but they can't afford more, then you could suggest this as a way for everyone to contribute equally. Whatever you decide to do, don't hold it over their heads that you pay more. Agree on something that everyone feels is fair, whatever that is. If you want a concession due to paying more (such as you get the garage, get to pick the art on the walls, whatever), then agree to that up front. Then accept that you've made a fair deal and they don't owe you anything beyond what you've all agreed to. It's awful to feel like you live in someone else's home and that you are getting into ever deeper debt with a close friend or significant other, and it will breed resentment. If you can't do that, then don't share an apartment with them at all. The most important thing is that everyone feels it's fair, regardless of the numbers. If you cannot get to that agreement through dollars alone, you can have them contribute to the home in other ways, such as cleaning, cooking, or performing maintenance. Just make sure that everyone truly does feel it's fair and that you are all equals.\""}
{"_id": "184337", "title": "", "text": "If it's possible in your case to get such a loan, then sure, providing the loan fees aren't in excess of the interest rate difference.  Auto loans don't have the fees mortgages do, but check the specific loan you're looking at - it may have some fees, and they'd need to be lower than the interest rate savings. Car loans can be tricky to refinance, because of the value of a used car being less than that of a new car.  How much better your credit is likely determines how hard this would be to get.  Also, how much down payment you put down.  Cars devalue 20% or so instantly (a used car with 5 miles on it tends to be worth around 80% of a new car's cost), so if you put less than 20% down, you may be underwater - meaning the principal left on the loan exceeds the value of the car (and so you wouldn't be getting a fully secured loan at that point). However, if your loan amount isn't too high relative to the value of the car, it should be possible.  Check out various lenders in advance; also check out non-lender sites for advice.  Edmunds.com has some of this laid out, for example (though they're an industry-based site so they're not truly unbiased). I'd also recommend using this to help you pay off the loan faster.  If you do refinance to a lower rate, consider taking the savings and sending it to the lender - i.e., keeping your payment the same, just lowering the interest charge.  That way you pay it off faster."}
{"_id": "184338", "title": "", "text": "\"Good ones, no there are not.  Go to a bookstore and pick up a copy of \"\"The Intelligent Investor.\"\"  It was last published in 1972 and is still in print and will teach you everything you need to know.  If you have accounting skills, pick up a copy of \"\"Security Analysis\"\" by Benjamin Graham.  The 1943 version was just released again with a 2008 copyright and there is a 1987 version primarily edited by Cottle (I think).  The 1943 book is better if you are comfortable with accounting and the 1987 version is better if you are not comfortable and feel you need more direction. I know recent would seem better, but the fact that there was a heavy demand in 2008 to reprint a 1943 book tells you how good it is.  I think it is in its 13th printing since 2008.  The same is true for the 72 and 87 book.  Please don't use internet tutorials.  If you do want to use Internet tutorials, then please just write me a check now for all your money.  It will save me effort from having to take it from you penny by penny because you followed bad advice and lost money.  Someone has to capture other people's mistakes.  Please go out and make money instead.   Prudence is the mother of all virtues.\""}
{"_id": "184339", "title": "", "text": "You're talking about porting your mortgage, which may be possible if your mortgage was portable to start with, or if your bank subsequently allows it. Note that although porting a mortgage involves keeping most of the original terms and conditions, the process is still much like applying for a new mortgage, including any lending requirements. Here's an article on the subject. EDIT: In response to OP's comment below: What will happen to the first property if I don't sell it? Because porting a mortgage is treated as if you were closing one mortgage and opening a new one, this means that you would need to pay off the first mortgage. Typically this would be done by selling the first property at the same time that you buy the second one. However, if you're not doing this, you'll need to raise funds another way, which could include opening a new mortgage on the first property (of course, if you're doing that, then there would have to be a good reason for porting the original mortgage; otherwise you might as well leave it where it is, and open a new mortgage on the second property instead). Does the article apply the to USA too? That article (and indeed this answer) are based on the situation in the UK. However, they appear to exist in the US too, though are rarer than in the UK."}
{"_id": "184342", "title": "", "text": "\"It's an interesting point that leaves me conflicted. In some sense being poor also means you are not going to get the same education, or the same value from education made available to you.  On the other hand, education seems to be universally empowering, and therefore we try to make it universally available. If the same is true of various enhancements, should we not make them also universally available? For me the \"\"if\"\" is still too big.\""}
{"_id": "184354", "title": "", "text": "You're indeed right, this cannot be answered affirmatively. I will try, without going too deep in details, to brush a shallow portrait In its simplest form, a going concern company could be valued by the present value of a growing perpetuity (Cash Flow/(Required return - growth)), assuming compounding perpetual growth. That's a massive assumption for a yet to turn a dime company. That's why comparable transactions are usually used as benchmark. In this case, your PE can be thought as the inverse of a growing perpetuity, and it's size will be determined by the difference between return and growth. So when you're pre-revenue, you're basically trying to value a moonshot with everything to prove, no matter how genius the idea. Considering the high levels of financial risks due to failure, VCs will require biblical levels of returns (50% to 90% is not unheard of). Hence why they usually leave with a good chunk of the company in seed rounds. When you've had a few sales, you got to know your customer and you've tested the markets, your direction gets clearer and your prospects improve. Risks moves down a notch and the next round of financing will be at much lower rates. Your growth rate, still high but nowhere as crazy as before, can be estimated with relatively more precision. Companies turning a recurrent level of profits are the easiest to value (all else being equal). The financial mathematics are more appropriate now, and their value will be derived by current market conditions as well as comparable transactions. With unlimited resources and perfect markets, the value of the company will be the same wether the founder is at the helm or the VCs are in the place. But considering many founders need the VCs' resources to extract the value of their company and markets are imperfect, the value of the company can change significantly depending on the decisions. Hope that helps!"}
{"_id": "184365", "title": "", "text": "\"It's not just that credit history is local; it's that it's a private business run for profit. The \"\"big three\"\" credit bureaus in the US are Experian, Equifax and Transunion.  They collect information on debt usage and abuse from various companies in the US, and charge a fee to provide that information (and their judgement of you) to companies interested in offering you further credit.  But there's nothing stopping a company from collecting international credit histories, or specialized credit histories either (for instance, there's a company called ChexSystems which focuses on retail purchase financing (mostly auto) and checking account abuse, while ignoring other types of lending). That being said, I don't know of any companies which currently collect international credit histories.  Perhaps in Europe, with more nations in close geographic proximity, there would be, but not in North America.\""}
{"_id": "184380", "title": "", "text": "\"&gt;We can also always use some English and history majors, but we should make sure we get just enough to satisfy the demand.  Or at least those who attend and go for those degrees should not be doing so under any delusions (as they currently are) that the degrees will entitle/enable them to obtain a high-paying job.  The same, BTW would be true of engineering degrees if/when the demand for engineers should go down.  There are no guarantees in life -- and colleges are LYING to youth when they are (even circumferentially) promoting a \"\"degree\"\" as if it were.\""}
{"_id": "184383", "title": "", "text": "\"lol I'm pretty sure your wife is only happy when she's getting railed by the neighbor.  Bro I live in New York it really doesn't take a lot to see the MET so good on you for trying to trump card the usual bunch of idiots in this subreddit with that silly shit?  &gt;\"\"Buy low. Sell high\"\",   lol.  Keep it right up.  I fucking love it.  Thanks man.\""}
{"_id": "184386", "title": "", "text": "\"I'm not sure I understand your question, but I'll try to answer what I think you're asking. I think you're asking this: \"\"A US bank receives a wire transfer from a Chinese bank. How does the   US bank ensure there's any money in fact arriving before crediting the   destination account?\"\" Well, the way wire transfers work is that the US bank would debit the senders' account with that US bank. So the US bank in fact transfers the money between two internal accounts: debit to the Chinese bank's account with that US bank and credit the destination customer account. If the Chinese bank doesn't have an account with the destination US bank - a third party intermediary is used that both banks have accounts with. Such third party will charge an additional fee (hence sometimes the wire transfer fees are slightly higher than you initially know when sending the money, the third party would debit from the transfer amount). \"\"Regular\"\" IBAN/ACH transfers work through regulatory channels that ensure integrity and essentially use a regulatory bank as that third party. But because they're done in batches and not on-line, they're much cheaper, and the accounting is for the whole batch and not each transfer separately. But batch processing means it will take a day or two of processing, while wire transfer takes hours at most.\""}
{"_id": "184390", "title": "", "text": "Yes, you can do this buy placing a conditional order to buy at market if the price moves to 106 or above. Once the price hits 106 your market order will hit the market and you will purchase the stock at 106 or above. You can also place a tack profit order at 107 linked to your initial conditional buy order, so that once you buy order is executed and you buy at 106, a take profit order will be executed only if the price reaches 107 or above.  If the price never reaches 106, neither your market buy order or take profit order will hit the market and you won't buy or sell anything."}
{"_id": "184406", "title": "", "text": "\"I lived near Stockton for about a year and it boggles my mind, why would anyone pay $400,000 for a house there? That is East Bay money (or San Francisco Condo money). What does Stockton have that would cause people to \"\"flock\"\" there?\""}
{"_id": "184436", "title": "", "text": "The fundamental question remains - why was the change so necessary? Google Maps' platform is very open and easy for developers to build upon. I don't see why adding guided turn-by-turn required a complete rehash and rebuild of a maps program. (Not to mention, it doesn't even work on the iPhone 4.)  It is that bad, because what was provided before was that good."}
{"_id": "184445", "title": "", "text": "No, it's not possible. Even if you had no deduction or credits, your federal tax on $16,604 would be: $9075 @ 10% = $907.50 +  $7529 @ 15% = $1129.35 = $2036.85 That assumes you are filing as single. There must be more to the story.  Typo in your income numbers?  Also, what do you mean by a self-employment tax deduction? Maybe update your question to include a breakdown of everything you entered? Edit: As noted in Loren's answer, it seems that it is indeed possible in at least one case (self-employment taxes)."}
{"_id": "184456", "title": "", "text": "Is that what you believe people's choices are in this system? Work for nothing or someone will kill you? The average person here has achieved a higher quality of life because of free market capitalism. Venezuela was starting to move in that direction, until they nationalized everything. Now people have to kill dogs in the street for food. Sounds great..."}
{"_id": "184472", "title": "", "text": "[A level grades are less than 35% of the grading distribution at Princeton](https://odoc.princeton.edu/faculty-staff/grading-princeton). And, [0.4% of people attending college attend an Ivy league school](https://www.usnews.com/education/blogs/the-college-solution/2011/09/06/20-surprising-higher-education-facts). We'll round that up to 1% to take into account schools like Stanford, Duke, etc. that are close to Ivy League level but aren't called Ivy League. So, 35% of 1% is 0.35%. Goldman is recruiting from literally the top 1%.   There's nothing special about making a 3.5. There *is* something special about being in the top third of a university that accepts the top 1% of applicants. To suggest otherwise is to bleed ignorance."}
{"_id": "184487", "title": "", "text": "I have been studying your entries all the way through my morning holiday, and I should admit the entire article has been very enlightening and very well written. I assumed I\u2019d mean you can understand that for a few reason this blog does not view smartly in Internet Explorer 8. I want Microsoft might prevent converting their software. I\u2019ve a question for you. Might you mind changing weblog roll hyperlinks? That may be in reality neat!"}
{"_id": "184495", "title": "", "text": "\"&gt; Ok, would  \"\"a form supply -side economics\"\" make you feel better about the term?  No, because this has nothing to do with supply side economics either.  I understand that you don't like supply side economics, and that you don't like non-competes, and that you are morally outraged by both and want to equate them, but they are simply not relevant to each other unless you want to define supply side economics as \"\"any policy that benefits business\"\".  Although in this case it doesn't even really benefit business.  It benefits some businesses over other businesses.\""}
{"_id": "184506", "title": "", "text": "&gt;The PriceCheck app is capable of doing the search by taking a picture of the product or speaking the product name, which isn't an option on the Amazon App as far as I'm aware.  These features have been in the Amazon app for Android since at least last April when I first got a smart phone.  I didn't know about the student app, weird."}
{"_id": "184509", "title": "", "text": "As October comes and the The Fed Unwind approaches, the Zombies of the Financial crisis rise yet again searching for fresh meet.  And what timing for such a thing, with the OrangeNotTan seeking a new personal butt louse.  Interesting times with such a potential for disaster, its like watching a nuclear train wreck in slow motion."}
{"_id": "184511", "title": "", "text": "I'd say product placement straddles the line between ads and general marketing.  If it's blatant then it's likely to turn me off to the product.  If they don't draw attention to it (or if they do but it's self-aware) then I don't mind it as much.  But I still wouldn't consider it an ad."}
{"_id": "184513", "title": "", "text": "Yeah I live in Portland, not far from seattle. Housing crises here too. 1 bedroom apartment (with no door) cost me over 1300 a month. It's worse in some places. And this place is kind of a shithole, to boot. Even still, working at minimum wage, this shit is killing me."}
{"_id": "184524", "title": "", "text": "The key is that you need to use your debit card to earn the higher interest rate. The bank can offer a higher interest rate on accounts connected with a debit card because: They earn additional income through debit card fees charged towards account holders, among other things. They offer the higher interest rate specifically to encourage people to use their debit cards. By offering a joint checking/savings account that requires you to use your debit card, the bank is assuming that you'll keep more money in your account than you would in a standard checking-only account. Your higher balance translates into more money the bank can loan out or invest, which usually leads to higher profit for them. Businesses pay fees to the bank to accept debit cards. These fees represent another source of profit for the bank. The more you use your debit card, the more the bank earns in fees, so the bank encourages you to use your debit card more frequently through incentives like a higher interest rate or waiving fees on your account if you use your card enough. Plus, since it's likely that an individual who maintains a fairly high balance in an account linked to a debit card is going to spend more (simply because they can spend more), banks will sometimes waive fees on the consumer side for balances over a certain amount."}
{"_id": "184535", "title": "", "text": "For most Americans the date on the check determines the tax year.  A check with the date of Jan X 2016 will be reflected on the tax forms you will file in early 2017. That also means that the 401K money is also 2016 money, and so is the money for the flexible spending account, or health savings account. The change of year impacts everybody differently. That last/first check can make a big difference for some people. If you are trying to make sure you deposit the maximum amount of money into one of those accounts, knowing how many pay checks there is in the year is important. It also works the other way, getting an extra check can cause you to over deposit into those accounts. The taxes for that Jan 2016 paycheck are collected by your employer and periodically sent to the appropriate government office. You are paying those taxes on payday, even though you won't file that paperwork until 2017."}
{"_id": "184549", "title": "", "text": "YNAB runs on Mac, Win, and Linux."}
{"_id": "184551", "title": "", "text": "I went to Sears on Dec 22nd because it's very close to my house. I just wanted to get a few toys for my nieces/nephews.  Their toy section was smaller than the one at CVS/Walgreens.  What the fuck kind of department store doesn't carry toys.   They had less than 20 different items."}
{"_id": "184552", "title": "", "text": "\"In reality, though, it's essentially impossible to enforce in this case. Sure, a woman could sue if she didn't get the job, and the company might settle to avoid the headache, but I don't think it would be hard to defend with a \"\"we chose a more qualified candidate\"\" or some variation, whether true or not.\""}
{"_id": "184557", "title": "", "text": "Make a portfolio with gold and put options for gold. If the price rises again, sell a part of your gold and use it to buy new put options. If the price goes down, then use your put options to sell gold at a favorable price."}
{"_id": "184559", "title": "", "text": "I've done my taxes using turbotax for years and they were not simple, Schedule C (self-employed), rental properties, ESPP, stock options, you name it. It's a lot of work and occasionally i did find bugs in TurboTax. ESPP were the biggest pain surprisingly. The hardest part is to get all the paperwork together and you'd have to do it when you hire an accountant anyway. That said this year i am using an accountant as i incorporated and it's a whole new area for me that i don't have time to research. Also in case of an audit i'd rather be represented by a pro. I think the chance of getting audited is smaller when a CPA prepares your return."}
{"_id": "184562", "title": "", "text": "power pressure cooker xl reviews The Power Pressure Cooker XL is one of the hottest kitchen appliances on the market. Compared to conventional cooking methods, such as ovens and stovetops, the pressure cooker cooks gourmet meals in a fraction of the time. The cooker lets you enjoy delicious meals faster and saves time, energy, and money. It\u2019s perfect for making soups, stews, jams, vegetables, meats, desserts, and much more. Here\u2019s what Power Pressure Cooker XL reviews say about this amazing digital cooker:"}
{"_id": "184583", "title": "", "text": "Any thoughts? I would love to hear your feedback. I have been making more on my cryptocurrency investments than I have in trading options. I am falling more and more in love with the cryptocurrency market. There's is nothing like it out there. I tell people, it's like investing in the internet 17 years ago!"}
{"_id": "184644", "title": "", "text": "\"One of the most effective tools we have to keep ourselves from doing things is procrastination.  Most of the time procrastination is a bad thing because we use it to avoid doing things we should be doing.  But it's equally effective at keeping us from doing things that are not good for us, like overspending or overeating. How do we procrastinate things like this?  Put it on a big, fat, TODO list somewhere that you seldom look at.  That will get it out of your head...your subconscious will not keep bugging you about it because it's not worried about forgetting it.  Save the discount code in the list so you know you will have it if you ever want it.  Put other things that you are unlikely to do any time soon on that same list.  Then move on with your life and enjoy your freedom from useless and expensive clutter. I use online TODO lists (also google docs) for keeping track of things I'm supposed to be doing.  One of my lists, \"\"long term purchases,\"\" contains a bunch of expensive stuff that I have wanted at some point but not gotten around to purchasing.  I think the list has saved me a lot of money.  Stuff stays on that list a long time.  Ultimately most of the items on the list either become cheap or I lose interest in them. There's a reason salesmen push you to buy NOW NOW NOW.  They know if you procrastinate the decision, you are much less likely to buy.\""}
{"_id": "184646", "title": "", "text": "No. Medical bills for yourself or your human companions may be: Canada Revenue Seeing-eye dogs and the like also get special treatment Nice Doggie There are pet medical insurance policies; but as they are often priced like human policies, they might exclude your animal if it has a pre-existing condition. Good Luck Scott"}
{"_id": "184664", "title": "", "text": "\"Carly was the disaster that just kept giving.  She was unqualified and had an undeserved sense of superiority.  She was \"\"all hat and no cattle\"\", as they say in TX.  What really grinded my gears was her propensity to promote hollow slogans in an effort to raise morale and, I guess, to establish a vision.    She was widely despised within the company.  In her mind, she felt all resistance to her was collective opposition to \"\"change\"\".  In reality she was scorned for pushing idiotic change.\""}
{"_id": "184669", "title": "", "text": "If it was all toward operating expenses (i.e. not investments) then I'd be all aboard the hate train. But that's not where it goes.  I don't spend time on reddit to educate people so I can shit on them. Just know that there are a lot of smart people who follow this company. I'm not here to prove that I'm one of them, but at least consider there is more to this story than an argument about whether someone checked a damn income statement. I mean, really?"}
{"_id": "184674", "title": "", "text": "So this is the point I'm trying to make here. The recruiter and hiring manager WON'T be up front with you because -- whether you'd like to admit it or not -- you are entering a potential business negotiation.  They want a good deal. You want a good deal. They are trying to assess your value to their company. You have an idea of your value to them AND other companies.  If you think you're worth 100K but I think your worth 50K to me, sorry we can't make this business agreement work. Best of luck. Sincerely no hard feelings.  I've got a stack of other resumes and you've got a schedule full of other interviews. We both go on with our lives."}
{"_id": "184689", "title": "", "text": "The entire best schools progress starting with one level then onto the next and master skills in a logical order. Preferably your school ought to take after an evaluated syllabus that will guarantee that you build up a strong establishment of quality and strategy for your dancing. The essential thing is to be prepared in a pleasant environment in which you are comfortable."}
{"_id": "184697", "title": "", "text": "You can simply deposit the check into your joint account. You should be able do that even without his signature. Then you can transfer the money out of that account and into yours."}
{"_id": "184698", "title": "", "text": "\"You can list it as other income reported on line 21 of form 1040.  In TurboTax, enter at: - Federal Taxes tab (Personal in  Home & Business) - Wages & Income -\u201cI\u2019ll choose what I work on\u201d Button Scroll down to: -Less Common Income -Misc Income, 1099-A, 1099-C. -The next screen will give you several choices. Choose \"\"Other reportable Income\"\". You will reach a screen where you can type a description of the income and the amount. Type in the amount of income and categorize as Tutoring.\""}
{"_id": "184705", "title": "", "text": "Say for example a trade totals $10,000.  A flat tax of 0.2% would be $20.  This is not much for the Buy &amp; Holder b/c he only makes a few trades a year, say 10 transactions a year.  So their tax is only about $200 per year. (heck we could even drop it to 0.1%).  But DayTraders will routinely do 10 trades a day, or over 3000 trades a year.  So using that same 10K trade above, that could hypothetically be 3000x20 = $60,000 per year in taxes.  Computer Traders will do hundreds of trades per day.  Say 30,000 trades per year.  So that is $600,000.  So you can see how iit hardly affects legitimate investors, while making the HF traders control themselves a bit.  This is what we want.  The exchanges charge the flat tax with the transaction like a Sales tax.  It avoids excess regulation (the SEC already monitors trades, or is supposed to), and it hurts the gamblers (HFTs), while not hindering the good guys (investors)."}
{"_id": "184714", "title": "", "text": "\"&gt;Please study the history of the labor movement in the United States. There's a reason we're paid actual money and not \"\"company bucks.\"\" Because businesses WILL find a way to pay employees nothing if they can.  Nonsense.  Businesses must compete for labor.  They will pay the market wage.  &gt;No. I want to ensure that the price paid for labor matches its real cost. Again, study the labor movement.  The price for labor is set by the supply and demand for labor.  That's it.  It's real \"\"cost\"\" whatever that means, is irrelevant.  And it's certainly not set by government mandate.  &gt;Sounds like the same fucking thing people (racists) said during the labor movement.  I'm confused what you're saying.  Minimum wage laws are racist, as they overwhelmingly target minorities for job losses.  Let's focus on your policies, not those in the past.  &gt;People who don't study history are doomed to repeat it. Seriously, fuck you and your complete and total ignorance of history and complete lack of understanding about basic economic theory.  Seriously, fuck you and your complete and total ignorance of the billions of people lifted out of poverty over the last 100 years of countries adopting capitalistic policies.  How many hundreds of millions of people need to be slaughtered by communist dictators before you abandon your racist and misguided economic policies?\""}
{"_id": "184722", "title": "", "text": "Commission only, but many firms or whatever they're called will set you up with an office. I know he's in his first year and only will do 3-4 sales a year, but the commissions are 20-30k for each sale."}
{"_id": "184746", "title": "", "text": "\"I love that they say \"\"and look at the facts\"\" and it's all charts.  Charts are incredibly easy to bias.  Also, common sense wisdom based on charts isn't the way to analyze the economy. It'd be neat if they got a little more sophisticated with something like IS=LM instead of just 'DEBT RISING IS BAD'\""}
{"_id": "184756", "title": "", "text": "Difference between a limit and market order is largely a trade-off between price certainty and timing certainty. If you think the security is already well priced, the downside of a limit order is the price may never hit your limit and keep trading away from you. You'll either spend a lot of time amending your order or sitting around wishing you'd amended your order.  The downside of a market order is you don't know the execution price ahead of time. This is typically more of a issue with illiquid instruments where even smaller orders may have price impact. For small trades in more liquid securities your realized price will often resemble the last traded price. Hope that helps. Both have a purpose, and the best tool for the job will depend on your circumstances."}
{"_id": "184757", "title": "", "text": "In the U.S., publicly traded companies are under the rules of Regulation Fair Disclosure, which says that a company must release information to all investors at the same time.  The company website and social media both count as fair disclosure, because every investor has access to those outlets, but a press release newswire service could also be the first outlet.  (What is forbidden by this regulation is the practice of releasing news first to the brokers, who could inform certain customers of the news early.) I think that the first outlet for press releases could be different for each company, depending on the internal procedures of the company.  Some would update their website first, and others would wait to update the site until the press release hits the newswire first."}
{"_id": "184761", "title": "", "text": "\"This is great guys! I'll take a \"\"comment per day\"\" approach and write my view on each concept raised. I don't mind how far fetched or crazy it might be, if it's a informative question (\"\"What are derivatives?\"\") I will explain it in a informative manner. If it's an opinionated question (\"\"What is the intrisic value of water?\"\" :P) I will try to explain it terms of Finance mainly but the general perspective will be opinionated.  First up is iamstandingbehindyou! I'll tackle your question first :) If you guys would like I can mention your twitter/personal site as a reference to the origin of the question. If not, I'll link to your reddit user :D\""}
{"_id": "184766", "title": "", "text": "\"&gt;Why are we still working like we're slaves?  Do you ever wonder how we can put, in our pockets, computing power that people could only dream of decades ago, with access to the entire world at instantaneous speeds? Why we can maybe colonize Mars someday, why we have nicer homes, more secure cars, more advanced anything really?  It's because everybody is still working so much instead of taking the mindset of \"\"we have everything so let's just chill out.\"\" We still have 40 hour work days ingrained in our mindset instead of \"\"we could probably get away with just working 3 days a week.\"\"  Maybe you just want to chill out, but generally, it seems like the world doesn't want to.\""}
{"_id": "184776", "title": "", "text": "When we speak about a product or service, we generally refer to its value. Currency, while neither a product or service, has its own value. As the value of currency goes down, the price of products bought by that currency will go up. You could consider the price of a product or service the value of the product multiplied by the value of the currency. For your first example, we compare two cars, one bought in 1990, and one bought in 2015. Each car has the same features (AC, radio, ABS, etc). We can say that, when these products were new, each had the same value. However, we can deduce that since the 1990 car cost $100, and the 2015 car cost $400, that there has been 75% inflation over 25 years. Comparing prices over time helps identify the inflation (or devaluation of currency) that an economy is experiencing. In regards to your second question, you can say that there was 7% inflation over five years (total). Keep in mind that these are absolute cumulative values. It doesn't mean that there was a 7% increase year over year (that would be 35% inflation over five years), but simply that the absolute value of the dollar has changed 7% over those five years. The sum of the percentages over those five years will be less than 7%, because inflation is measured yearly, but the total cumulative change is 7% from the original value. To put that in perspective, say that you have $100 in 2010, with an expected 7% inflation by 2015, which means that your $100 will be worth $93 in 2015. This means that the yearly inflation would be about 1.5% for five years, resulting in a total of 7% inflation over five years. Note that you still have a hundred dollar bill in your pocket that you've saved for five years, but now that money can buy less product. For example, if you say that $100 buys 50 gallons of gasoline ($2/gallon) in 2010, you will only be able to afford 46.5 gallons with that same bill in 2015 ($2.15/gallon). As you can see, the 7% inflation caused a 7% increase in gasoline prices. In other words, if the value of the car remained the same, its actual price would go up, because the value stayed the same. However, it's more likely that the car's value will decrease significantly in those five years (perhaps as much as 50% or more in some cases), but its price would be higher than it would have been without inflation. If the car's value had dropped 50% (so $50 in original year prices), then it would have a higher price (50 value * 1.07 currency ratio = $53.50). Note that even though its value has decreased by half, its price has not decreased by 50%, because it was hoisted up by inflation. For your final question, the purpose of a loan is so that the loaner will make a profit from the transaction. Consider your prior example where there was 7% inflation over five years. That means that a loan for $100 in 2010 would only be worth $93 in 2015. Interest is how loans combat this loss of value (as well as to earn some profit), so if the loaner expects 7% inflation over five years, they'll charge some higher interest (say 8-10%, or even more), so that when you pay them back on time, they'll come out ahead, or they might use more advanced schemes, like adjustable rates, etc. So, interest rates will naturally be lower when forecasted inflation is lower, and higher when forecasted inflation is higher. The best time to get a loan is when interest rates are low-- if you get locked into a high interest loan and inflation stalls, they will make more money off of you (because the currency has more value), while if inflation skyrockets, your loan will be worth less to loaner. However, they're usually really good about predicting inflation, so it would take an incredible amount of inflation to actually come out on top of a loan."}
{"_id": "184800", "title": "", "text": "\"For whatever it's worth.  Judging from the comments in the other answers, I think everyone is addressing your question, \"\"How can you possibly lose money,\"\"  there are a lot of ways to possibly lose money in the stock market.  Here are my thoughts.  This is a chart of the S&P 500 from about 1996 to about 2012.  At the top from the first arrow the entire S&P500 index fell about 45%.  From the top of the second arrow the entire S&P500 index fell about 52%.  It is really easy to look at our sustained bull market and feel invincible.  And while I'll concede that not every company in the index fell over these two periods, bear in mind that the S&P500 index is a collection of the 500 largest companies in the United States, and the entire index lost half it's value twice.  As the companies contained in the index shrink in value, they were replaced by companies that are the new biggest 500 in the country, then those fell too, and so on and so forth until the entire index lost half. Value is a funny thing because it isn't necessarily tied to the performance of the business (look at the current rosy valuations of all these non-earnings tech-companies).  It could be that a company is still performing very well but there are just no buyers for the stock.   So, how can you lose money in the stock market?  Very easily.  In A practical sense, it's when you need the money and can no longer weather the storm.  People who went out for retirement around 2000 couldn't sit around and wait until 2007 for their account values to be replenished.  This is why you roll off your stock exposure as you age.  As you get older you don't have time and if you stop having income you can find yourself selling your assets at the least opportune time.\""}
{"_id": "184801", "title": "", "text": "Right, but if the doctor is purposely and knowingly selling you bad medicine so he can get rich, and screw over thousands of other people I'd want him locked up all the same. This crisis we had was no error... They knew what they were doing the just didn't give a fuck."}
{"_id": "184802", "title": "", "text": "Yes, but I make a distinction between someone who works full time for years to buy a home for themselves and maybe an investment property, and someone like Trump who abuses financial tools and regulations to generate excessive wealth and avoid his own obligations."}
{"_id": "184820", "title": "", "text": "Maxing out an IRA would probably be step 1, if you exceed that probably just aim for saving in a taxable brokerage account. Just try and stick to ETFs if you're gonna index since they're slightly more tax efficient than a mutual fund"}
{"_id": "184826", "title": "", "text": "\"Home ownership is thought to be a lifetime investment and is touted as a big part of the \"\"American Dream.\"\"  That's changing now, as a lot of younger people have seen their parents' lifetime investments become worthless thanks to a lot of shoddy book keeping and lending practices. The 15-year mortgage is becoming more common these days, but that's still three times longer than what Canadians are achieving.\""}
{"_id": "184827", "title": "", "text": "\"Thanks for the response. I apologize I should have specified about the govt. job, I was referring to was a state job. More specifically it was 3 jobs with the California BOE as an Auditor 1 and Business Tax Rep. and also another job with the county assessors office as an Audit/Appraiser.  The state jobs were my best bet because of connections but they can only do so much since its a govt. job and people are cracking down on nepotism. With the little amount of research I just did, the pre-requisite to take the PMP certification is Four-year degree, 4,500 hours leading and directing projects. and 35 hours of project management education. That seems like a bit much and a somewhat vague as to what counts as relevant \"\"hours\"\" so i'll have to look into it more. But as of now, given my experience the PMP is not something I can't obtain until I have those hours under my belt?\""}
{"_id": "184838", "title": "", "text": "The question in my view is going into Opinion and economics. Why would I buy a bond with a negative yield? I guess you have answered yourself; Although the second point is more relevant for high net worth individual or large financial institutions / Governments where preserving cash is an important consideration. Currently quite a few Govt Bonds are in negative as most Govt want to encourage spending in an effort to revive economy."}
{"_id": "184852", "title": "", "text": "The first place to look for an accountant is the American Institute of Certified Public Accountants which has a directory of CPAs, accounting companies, and local accounting societies. I was also looking for one for my own small firm.  It really helps."}
{"_id": "184879", "title": "", "text": "Have you people even heard of the automotive industry?  Unions are terrible for people and terrible for business.  If we were experiencing significant economic expansion right now it might be a bit different but that simply is not the case."}
{"_id": "184905", "title": "", "text": "First, the recipient is not responsible for any gift tax, the giver pays the tax. The gift is not taxable income to the recipient and so the recipient does not pay any income tax on the gift either. More than that, and they tap into their lifetime exclusion, currently (2015) $5.43M. All that's needed is a simple form. More convoluted, would be to lend you the full amount and then forgive $14,000 per year. Unnescesary paperwork, in my opinion."}
{"_id": "184907", "title": "", "text": "\"There's a subtle difference. An MLM is allowed/legal if you can buy products at price A from the company and re-sell them at higher price B to your customers. Pyramid schemes almost always disguise themselves as MLM's. In Herbalife's new report they said they met the FTC's guidelines of earning at least 80% of their revenues from \"\"real customers outside of their distributor network\"\". In fact they said the number is closer to 90%. I find this particularly interesting because this number was real close to 0% less than a year ago and it magically has surpassed 80% in a short amount of time. Doesn't really add up.\""}
{"_id": "184908", "title": "", "text": "No, you don't. But you do need to file FBAR to report your foreign accounts if you have $10K or more at any given day in all of them combined, when you're a US resident. You need to file FBAR annually by the end of June (note: it must be received by FinCEN by the end of June, but nowadays you file it electronically anyway)."}
{"_id": "184913", "title": "", "text": "Trader Joe's operates in 100% cash, no debt.  No unions, no shareholders to answer to. The owners don't take any of the money.  All the money is circulated back into the company.  They lease small buildings and pay the rent in advance."}
{"_id": "184924", "title": "", "text": "Here's one option:  Telephone is a lower-tech yet relatively more secure means for transmitting your payment information when a secure web site isn't available. And yet another option:  You could send them an encrypted email, but this would require tools (e.g. GPG), setup (public keys), and expertise on their end which they are unlikely to already have. However, ChrisInEdmonton raised a good point in his comment.  How can you consider them to be a reputable seller when they don't take basic precautions to protect customers' payment information online? The seller may with good faith charge your card the correct amount and deliver the goods that you expect, but how will they protect your credit card information once in their hands?  Would you trust their internal systems if they can't even set up an HTTPS web site?"}
{"_id": "184977", "title": "", "text": "\"I made a throwaway for this...   I work in IT for the government. I was tasked with finding a vendor that provided a particular kind of software. My bosses expected it would take me 4-6 months to source out companies, go through all the paperwork and process to work with them, try to get them to understand what we need, and them aid them in implementing their software on our stack.   Well, that seemed like an enormous waste of time (and ridiculously boring), so instead I wrote the software on my own time over the course of 4 months, built a subscription model around it, and incorporated a company. I've since sold the subscription based model to a number of other government bodies and clients. The government body I work for has around 250 employees, and I recently sold a subscription to a peer government body with over 1500 employees.   I built a free subscription tier that my current company uses so that i'm not taking any payment from them, to avoid any conflicts of interest, and built the entire project on my own time and resources.   The funny thing is, the software product I built easily beat out all the competitors in blind tests, and no one that I work for could ever imagine that I am capable of even being employed by such a company, forget building the whole stack and founding the company. In fact, all of upper management has been impressed with the software I \"\"found\"\", and how well it has worked... there has been a ton of positive feedback on it since it was launched.   I'm basically just sitting on this project (that is mostly self sustaining), until I can just cash out - which should be quite soon.   **Edit** to the people warning me what i'm doing is illegal, a few key points    - 1) The public sector can't legally profit from anything, my job is to limit cost, not make a profit... which leads to...    - 2) I'm not charging the government body I work for, it's a free implementation devoid of contract. I also ensured I do all the work on my own time, not company time. I live somewhere where most government employees work multiple jobs, so this isn't uncommon. In fact, my government body actually does often hire contractors who are also employed. So not only did I create the service on my own time, I gave it to my employer for free (other companies pay, of course)    - 3) I don't live in the US, things are different where I am. It is certainly not illegal, and I would even argue that (given this is the public sector) it is even somewhat ethical. My work saved my employer (the tax payer) a significant amount of money, which is a net positive. The service is of high quality, and I did not break any employment agreements or laws in the process.     - 4) I hired a lawyer to double check everything.     - 5) I absolutely am not in any way using any proprietary information for profit. I'm not even using my contacts through work as leverage for sales - everything so far has been cold calls and positive references from other clients. This was a key part of the project.\""}
{"_id": "185019", "title": "", "text": "First, gather the information you have on her banking history.  She may have accounted for that money and moved it to a new account or otherwise spent it.  I don't expect you'll have much banking documentation from the 1950s, but if you do, then start there and trace the money. To the extent you can, you may try to contact the banks in question or their successors.  It may be difficult to trace them through mergers or closings.  Again, it's very possible that she spent or transferred those funds and there is nothing to find anyway. There is also a risk that if the money went unclaimed for too long, then the bank was obligated to escheat any remaining balance to the state of Ohio.  You can try contacting Ohio Department of Commerce about unclaimed funds and attempt to locate anything that may have rightly belonged to her.  You will need to gather documentation to do so.  You may be able to receive the funds from the state, if it has received them."}
{"_id": "185020", "title": "", "text": "\"Dividends are paid based on who owns the security on a designated day.  If a particular security pays once per year, you hold 364 days and sell on the day before the \"\"critical\"\" day, you get no dividend.  This is not special to 401(k) or to DRIP.  It's just how the system works. The \"\"critical\"\" day is the day before the posted ex-dividend date for the security. If you own at the end of that day, you get the dividend.  If you sell on that day or before, you do not. Your company changing providers is not in itself relevant.  The important factor is whether you can still hold your same investments in the new plan.  If not, you will not get the dividend on anything that you currently hold but \"\"sell\"\" due to the change in providers.  If you can, then you potentially get the dividend so long as there's no glitch in the transition. Incidentally, it works the other way too.  You might end up getting a dividend through the new plan for something that you did not hold the full year.\""}
{"_id": "185047", "title": "", "text": "Why would someone invest in other instruments (e.g. stocks) to pay for   childrens' college education when the capital gains on those are   taxed, unlike a home equity loan? Many tax advantageous vehicles exist for the purpose of saving for college education such as 529 plans, Roth IRAs, Series EE and I bonds. Tax and penalty free distributions from a portfolio of stocks is possible if the distributions are for qualified education expenses and the account is in the form of a Roth IRA.  A house is collateral for a home equity line of credit.  A combination of unfortunate events could cause someone to default on the loan and loose their residence. Also, the tax advantages of 529 plans, and Roth IRAs are not applicable to purchase a motor boat.  With respect, some people like to leave the home equity loan untapped for other uses. More Details: 529 plans are not taxed by on the Federal level when the withdraws are used for college.  In many states, contributions to state sponsored 529 plans are deductible on the state level.  These are not self directed so you can't trade stocks/bonds in a 529 plan, however, certain plans allow you to lock in the rate you pay for credit at today's prices. If you want a self directed (ability to trade stocks/bonds) vehicle with tax free disbursements for qualified education, consider a Roth IRA. There are yearly contribution limits, and penalty if the proceeds are not used for qualified educational expenses. Also I believe interest revenue from Series EE and I bonds is tax free if the bond is used for education. There are special conditions and situations to 529 plans, Roth IRAs, Series EE and I bonds, the purpose of this answer was to expand upon the tax advantageous vehicles for higher education."}
{"_id": "185054", "title": "", "text": "The headline is totally misleading.  Construction costs have risen by 30% according to the statistic. This is not construction wage growth by 30%. They don't address how much construction wage growth has actually occurred.  This increase in cost will be pushed onto the consumer. Increase in cost by 30% means people will have to get used to paying 30% more for construction services."}
{"_id": "185077", "title": "", "text": "This is a topic you need to sit down and discuss with your parents. Income taxes probably aren't going to be a big issue, and will be refunded in April. Social Security and Medicare will not be refunded, but start you on the road to qualifying for them in the future. How much of you expenses you will now cover will be a family decision; how much of your college expenses you will be responsible for will also need to be discussed. These topics need to be understood before it is time to apply to schools in the fall of your senior year of high school. It is nice to know that you are at least thinking about saving money for your future and for emergencies."}
{"_id": "185096", "title": "", "text": "lying about X to get Y is not a healthy behavior.   if you care about mental health you wouldn't normalize lying.  you're creating a stereotype where stoners are either sick or liars. if thats what your goal is then youre a jerk, if not youre an idiot."}
{"_id": "185104", "title": "", "text": "The United States Federal Reserve has decided that interest rates should be low. (They think it may help the economy. The details matter little here though.) It will enforce this low rate by buying Treasury bonds at this very low interest rate. (Bonds are future money, so this means they pay a lot of money up front, for very little interest in the future. The Fed will pay more than anyone who offers less money up front, so they can set the price as long as they're willing to buy.) At the end of the day, Treasury bonds pay nearly no interest.   Since there's little money to be made with Treasuries, people who want better-than-zero returns will bid up the current-price of any other bonds or similar loan-like instruments to get what whatever rate of return that they can. There's really no more than one price for money; you can think of the price of those bonds as basically (Treasury rate + some modifier based on the risk) percent.  I realize thinking about bond prices is weird and different than other prices (you're measuring future-money using present-money and it's easy to be confused) and assure you it ultimately makes sense :) Anyway. Your savings account money has to compete with everyone else willing to lend money to banks. Everyone-else lends money for peanuts, so you get peanuts on your savings account too. Your banking is probably worth more to your bank on account of your check-card payment processing fees (collected from the merchant) than from the money they make lending out your savings (notice how many places have promotional rates if you make your direct deposits or use your check card to make a purchase N times a month).  In Europe, it's similar, except you've got a different central bank. If Europe's bank operated radically differently for an extended period of time, you'd expect to see a difference in the exchange rates which would ultimately make the returns from investing in those currencies pretty similar as well. Such a change may show up domestically as inflation in the country with the loose-money policy, and internationally as weakness against other currencies. There's really only one price for money around the entire world. Any difference boils down to a  difference in (perceived) risk."}
{"_id": "185107", "title": "", "text": "\"It can be a good thing for the bank to refinance your loan for you - since you will be keeping the loan at that particular institution.  This gives them more time to enjoy the free money you pay them in interest for the remaining life of the loan. Banks that offer \"\"No closing costs\"\" are betting that mortgage payers will move their mortgage to get the lower interest rates - and whomever holds the loan, gets the interest payments.\""}
{"_id": "185111", "title": "", "text": "I don't have a problem with Wal-Mart, except in certain situations.  They just got caught bribing Mexicans despite advice from their American counsel.  That is extremely illegal and goes pretty high up in the corporate office.      I was just pointing out there's a big ass denominator, so it's a bit difficult to interpret any raw statistics about Wal-mart without taking that into context.  The article linked does this without remorse regarding Wal-Mart employees on Medicaid."}
{"_id": "185113", "title": "", "text": "Less access to it means less people smoking it.  When it becomes legal, I'm more worried about new smokers being on the road than current ones.  People will smoke up and drive not knowing how impaired they are."}
{"_id": "185115", "title": "", "text": "I'm not exactly sure, but it may be due to liquidity preference.  SPY has a much higher volume (30d average of roughly 70m vs. 3.3m, 1.9m for IVV, VOO respectively), and similarly has a narrow bid ask spread of about 0.01 compared to 0.02 for the other two.  I could be wrong, but I'm going to leave this post up and look in to it later, I'm curious too. The difference is very consistent though, so it may be something in their methodology."}
{"_id": "185118", "title": "", "text": "As mentioned in the comments, there are costs associated with owning & living in an apartment. First you have to pay maintenance charges on a monthly basis and perhaps also property tax. Find out the overall outgoings when you live in that apartment & add the EMI payments to the bank, it should not be way higher than your current rent. As an advantage you are getting an asset when you buy an apartment & rent is a complete loss, ast least financial terms. So, real estate is in general a good idea over paying rent. As for the loan part, personal loans are by far the most expensive of loans as they are in general unsecured loans (but do check with your bank). One way is to try and get a student loan, which should be cheaper. If you can borrow from family that is the best option, you could return the money with perhaps bank fixed deposit rates, it is better to pay family interest than bank. If none of the options are workable, then personal loan is something you need to look at with a clear goal to pay it off as soon as possible and try to take it in stages, as an when you require it and if possible avoid taking all the 15,000/- at once."}
{"_id": "185123", "title": "", "text": "\"Well.... If you have alllll your money invested, and then there's a financial crisis, and there's a personal crisis at the same time (e.g. you lose your job) then you're in big trouble. You might not have enough money to cover your bills while you find a new job. You could lose your house, ruin your credit, or something icky like that.  Think 2008. Even if there's not a financial crisis, if the money is in a tax-sheltered retirement account then withdrawing it will incur ugly penalities. Now, after you've got an emergency fund established, things are different. If you could probably ride out six to twelve months with your general-purpose savings, then with the money you are investing for the long term (retirement) there's no reason you shouldn't invest 100% of the money in stocks. The difference is that you're not going to come back for that money in 6 months, you're going to come back for it in 40 years. As for retirement savings over the long term, though, I don't think it's a good idea to think of your money in those terms. If you ever lose 100% of your money on the stock market while you've invested in diversified instruments like S&P500 index funds, you're probably screwed one way or another because that represents the core industrial base of the US economy, and you'll have better things to worry about, like looking for a used shotgun. Myself, I prefer to give the suggestion \"\"don't invest any money in stocks if you're going to need to take it out in the next 5 years or so\"\" because you generally shouldn't be worried about a 100% loss of all the money in stocks your retirement accounts nearly so much as you should be worried about weathering large, medium-term setbacks, like the dot-com bubble crash and the 2008 financial crisis. I save the \"\"don't invest money unless you can afford to lose it all\"\" advice for highly speculative instruments like gold futures or social-media IPOs. Remember also that while you might lose a lot of your money on the stock market, your savings accounts and bonds will earn you pathetic amounts by comparison, which you will slowly lose to inflation. If you've had your money invested for decades then even during a crash you may still be coming out ahead relative to bonds.\""}
{"_id": "185146", "title": "", "text": "The best, cheapest and safe way is to wire transfer that money from their Bank Account to yours. Ask your bank about information regarding inbound international wire transfer and provide those details to your dad. About how much amounts can he do so : if the amount is more than $10K, you need to provide enough information about where the money is coming from, sources and other legal details. Whatever way you chose, never do transfers in small chunks (which is called structuring), to avoid the legal hassle - as that might result in more issues and every bank has checks in place to find out this way of structuring. I would suggest wire transfer all the money, through proper channel, through the banks. It's better to pay some fees, follow the law and live peacefully than to go through some improper channels to avoid paltry fees and get into serious issues."}
{"_id": "185148", "title": "", "text": "\"Definitely not what I'm saying, I'm saying that instead of some of these companies spending 70% of their earnings on stock buybacks they should reinvest that money into their employees and pay out larger dividends to shareholders. I understand share repurchases are fine when not done in excess, but right now it's in excess to manipulate EPS and hit targets. You're missing the point, I'm not talking about the  \"\"NPV of a random project\"\".   Edit: this article I just found explains perfectly what I'm talking about: https://amp.businessinsider.com/whats-a-buyback-and-why-do-some-investors-hate-them-2016-6\""}
{"_id": "185156", "title": "", "text": "\"All bonds carry a risk of default, which means that it's possible that you can lose your principal investment in addition to potentially not getting the interest payments that you expect.  Bonds (in the US anyway) are graded, so you can manage this risk somewhat by taking higher quality bonds, i.e. in companies or governments that are considered more creditworthy. Regular bank savings (again specific to the US) are insured by FDIC, so even if your bank goes bust, the US Government is backing them up to some limit.  That makes such accounts less risky.  There's generally no insurance on a bond, even if it is issued by a government entity. If you do your homework on the bond rating system and choose bonds in a rating band where you're comfortable, this could be a good option for you.  You'll find, however, that the bond market also \"\"knows\"\" that the interest rates are generally low, so be ware that higher interest issues are usually coming from less creditworthy (and therefore more risky) issuers. EDIT Here's some additional information based on the follow-up question in the comment.  When you buy a bond you are actually making a loan to the issuer.  They will pay you interest over the lifetime of the bond and then return your principal at the end of the term. (Verify this payment schedule - This is typical, but you should be sure that whatever you're buying works like this.)  This is not an investment in the value of the issuer itself like you would be making if you bought stock. With stock you are taking an ownership share in the company. This might entitle you to dividends if the company pays them, but otherwise your investment value on a stock will be tied to the performance of the company.  With the bond, the company might be in decline but the bond still a good investment so long as the company doesn't decline so much that they cannot pay their debts. Also, bonds can be issued by governments, but governments do not sell stock. (An \"\"ownership share of the government\"\" would not make sense.) This may be the so-called sovereign debt if issued by a sovereign government or it may be local (we call it municipal here in the US) debt issued by a subordinate level of government.  Bonds are a little bit like stock in the sense that there's a secondary market for them.  That means that if you get partway through the length of the bond and don't want to hold it, you can sell the bond to someone else.  Of course, it will be harder to sell a bond later if the company becomes insolvent or if the interest rates go up between when you buy and when you sell.  Depending on these market factors, you might end up with a capital gain or capital loss (meaning you get more or less than the principal that you put into the bond) at the time of a sale.\""}
{"_id": "185163", "title": "", "text": "What?! At that level of military, nearly everything that person does is through email (at least, in the Army, it is). I was enlisted, but for a couple years they put me at division level. Working with a 1-star, 2-star, and half a dozen full birds and sergeant majors, I can tell you every. thing. is done through email. Even though these people are in the same building, they're emailing each other constantly and passing docs back and forth. Maybe Navy admirals don't get much official mail, I don't know. But it definitely wasn't like that in the Army."}
{"_id": "185172", "title": "", "text": "\"&gt;**He tells buyers** he \"\"is involved at every capacity\"\". This is a lie.  In the link you provided, this was never mentioned. The only claim made about 'The Donald' is that he said he was basically a spokesman for the project.   I'm not seeing any reasons given for the project collapse, or any context for the why's and how's of it. It is too bad that it never ended up happening, but sometimes investments are lost, for a variety of reasons.\""}
{"_id": "185205", "title": "", "text": "I talked to the director of equity research at an international us based bank. He said that with mifid ii would force them to unbundle research fees in the US. It would be very difficult to have a different fee structure only for UK clients."}
{"_id": "185207", "title": "", "text": "\"Clearly you aren't in trading. While that is the case for IBanking, I personally work with numerous very successful traders who \"\"underperformed their peers\"\" and I'm not doing so bad myself either.   Having a good GPA has almost no correlation with being a good trader. Honestly, from the interviews I've given I've found that the kids with the extremely high GPA's 4.0, were less suited for the profession.\""}
{"_id": "185217", "title": "", "text": "If a bank is evaluating a persons qualifications to qualify for a loan they have to follow the FDIC and HUD guidelines for equal opportunity credit. If they offer mortgages they will use the phrase equal housing. from the lending club website (fine print area): 2 This depiction is a summary of the processes for obtaining a loan or   making an investment. Loans are issued by WebBank, an FDIC insured   Utah-chartered industrial bank located in Salt Lake City, Utah, Equal   Housing Lender. Investors do not invest directly in loans. Investors   purchase Member Dependent Notes from Lending Club. Loans are not   issued to borrowers in IA and ID. Individual borrowers must be a US   citizen or permanent resident and at least 18 years old. Valid bank   account and social security number/FEIN are required. All loans are   subject to credit review and approval. Your actual rate depends upon   credit score, loan amount, loan term, credit usage and history.   LendingClub notes are issued pursuant to a Prospectus on file with the   SEC. You should review the risks and uncertainties described in the   Prospectus related to your possible investment in the notes. Currently   only residents of the following states may invest in Lending Club   notes: AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA,   MA, ME, MN, MO, MS, MT, NE, NH, NV, NY, OK, RI, SC, SD, TN, TX, UT,   VA, VT, WA, WI, WV, or WY. Our mailing address is: Lending Club, 71   Stevenson, Suite 300, San Francisco, CA 94105."}
{"_id": "185246", "title": "", "text": "There is no denying fact that they might still be in touch with the local real estate agents and the newspaper property advertisements to find a home that suits their needs, but they surely don't rely on them. The concept of online real estate agents is to win their trust and provide them reliable deal for selling their house."}
{"_id": "185256", "title": "", "text": "The article fails to mention that if Paul has invested like this since the 1970s, in keeping with his long-held economic views, then he'd have lost in a big way. The gold bugs of the 70s got killed over the following two decades."}
{"_id": "185268", "title": "", "text": "... why?  Why do you keep disparaging people for paying minimum wage then keep raising the minimum wage?  its almost like raising the minimum wage makes things more expensive for everyone, including the person whose wages you raise, so that the minimum wage is never actually enough...  ... huh.  Isn't that interesting..."}
{"_id": "185274", "title": "", "text": "Most bank accounts offer automatic bill pay as well. They don't rely on support from the bill you're paying, I think they basically just mail a check with your account number on it"}
{"_id": "185278", "title": "", "text": "\"Investopedia's explanation of overbought: An asset that has experienced sharp upward movements over a very short period of time is often deemed to be overbought. Determining the   degree in which an asset is overbought is very subjective and can   differ between investors. Technicians use indicators such as the relative strength index, the stochastic oscillator or the money flow index to identify securities   that are becoming overbought. An overbought security is the opposite of one that is oversold. Something to consider is the \"\"potential buyers\"\" and \"\"potential sellers\"\" of a stock. In the case of overbought, there are many more buyers that have appeared and driven the price to a point that may be seen as \"\"unsustainably high\"\" and thus may well come down soon if one looks at the first explanation. For oversold, consider the flip side of this. A real life scenario here would be to consider airline tickets where a flight may be \"\"overbooked\"\" that could also be seen as \"\"oversold\"\" in that more tickets were sold than seats that are available and thus people will be bumped as not all tickets can be honored in this case. For a stock scenario of \"\"oversold\"\" consider how IPOs work where several buyers have to exist to buy the shares so the investment bank isn't stuck holding them which sends up the price since the amount wanted by the buyers may be more than what can be sold. The price shifts in bringing out more of one side than the other is the point you are missing. In shifting the price up, this attracts more sellers to satisfy the buyers. However, if there is a surge of buyers that flood the market, then there could be a perception that the security is overbought in the sense that there may be few buyers left for the security and thus the price may fall in the near term. If the price is coming down, this attracts more buyers to achieve the other side. The potential part is what you don't see and I wonder if you can imagine this part of the market. The airline example I give as an example as you don't seem to think either side of buying or selling can be overloaded. In the case of an oversold flight, there were more seats sold than available so yes it is possible. Stocks exist in finite quantities as there are only X shares of a company trading at any one time if you look into the concept of a float.\""}
{"_id": "185282", "title": "", "text": "IANAL, I have not been VAT registered myself but this is what I have picked up from various sources. You might want to confirm things with your solicitor or accountant. As I understand it there is a critical difference between supplying zero-rated goods/services and supplying exempt goods/services.  If the goods/services are zero-rated then the normal VAT rules apply, you charge VAT on your outputs (at a rate of 0%) and can claim back VAT on your inputs (at whatever rate it was charged at, depending on the type of goods.. If the goods/services are exempt you don't charge and VAT on your outputs and can't claim back any VAT on your inputs. (Things get complicated if you have a mixture of exempt and non-exempt outputs) According to http://oko.uk/blog/adsense-vat-explained adsense income is a buisness to buisness transaction with a company in another EU country and so from a supplier point of view (you are the supplier, google is the customer) it counts as a zero-rated transaction."}
{"_id": "185283", "title": "", "text": "I'll believe it when I see it. They've been talking big about hybrids and electrics for 10 years, yet have only managed to sell super crappy compliance vehicles in the US. My guess is they'll invest a billion in marketing budget talking about how awesome they are."}
{"_id": "185297", "title": "", "text": "Is this modified title necessary? I work at a turntable company and the vast majority of our customers are not hipsters in any sense of the word. Sony getting back in the game is great news for anyone who enjoys the format, especially those of us who have been burned by inflated record prices recently. Most vinyl lovers are not making a fashion statement with their choice of format."}
{"_id": "185300", "title": "", "text": "It's difficult to tell.  It was estimated that when putting on QE ... it brought yields on those instruments down by approximately 50bp.  When unwinding in a period of moderate growth one might expect that to (partially) reverse.  It will depend on the rate of the unwinding as well as economic growth (the more growth ... the less effect the unwinding will have; if the unwinding outpaces growth, the stronger it will push the curve)."}
{"_id": "185301", "title": "", "text": "&gt;one of the major backbones of domestic transit in the US is the highway system. No businessman wanted to touch that until the government decided to pitch in and do most of the work.  Maybe that's because it wasn't a good idea? What were businessmen building with their money instead of roads?  You completely ignore the cost. Governments have no real incentive to be efficient with money. In fact, they have a large incentive to be wasteful! An expensive, shitty road tends to get *more* money. Or look at a police force. Which one do you think gets more money, the one that has completely eliminated crime or the one that is ineffective at reducing crime?  &gt; Would it benefit all users equally and would they allow anyone (including competitors) to use the infrastructure they built?  Does it benefit everyone equally when the government builds it? Does it benefit, say, people who don't even live anywhere near it? Does it benefit competitors? Does it benefit people who prefer catching trains?"}
{"_id": "185306", "title": "", "text": "It might help the poster if you recommended some of those? I recommended the ones I know of specifically in that field I know to be good. Perhaps you could do the same?  I also really like the books in this list:  http://www.fool.com/Specials/2000/sp001107a.htm  Note, Gorilla Game is, IMO the weakest of the bunch."}
{"_id": "185311", "title": "", "text": "The one I've seen recommended by Clark Howard is missingmoney.com, takes your last name, and the state you want to search in, you can also add first name, but its optional."}
{"_id": "185333", "title": "", "text": "Do you have a clue of what would of happened to you if you had some serious condition and at some point you lost your job? Insurers would deny you insurance because of pre-existing conditions, and you would be left out to dry.   Now maybe you aren't as unfortunate as having a serious health condition, but no new bill will make everything better for everyone."}
{"_id": "185336", "title": "", "text": "Well, define shitty.   The assumption of perfect competition should imply that only the firms that can manage to breakeven while still owing outstanding bonds will continue to issue bonds in the first place, as the competing monetary systems themselves will become a competitive market of their own.  Information on the specific bond you're using as a medium of exchange/legal tender should be easily be easy to find or public information.  If it's kind of bondnote has existed for five years with no substantial changes, my safe bet is on that bond being worth something."}
{"_id": "185347", "title": "", "text": "Plan your home design by starting simple, you do not need a software for deciding what things you should include in your house. Sometimes those who are in the market for planning a custom house design and know where their house will be located"}
{"_id": "185358", "title": "", "text": "If you think it's easy to be over 40 and looking for a new job you have no idea what it's like for people older than you. Because in this economy experience *doesnt * always trump no/little experience. Hiring is way more ageist  than you think."}
{"_id": "185384", "title": "", "text": "Technically, if you earn in US (being paid there, which means you have a work visa) and live in other country, you must pay taxes in both countries. International treaties try to decrease the double-taxation, and in this case, you may pay in your country the difference of what you have paid in US. ie. your Country is 20% and USA is 15%, you will pay 5%, and vice-versa. This works only with certain areas. You must know the tax legislation of both countries, and I recommend you seek for advisory. This site have all the basic information you need: http://www.irs.gov/Individuals/International-Taxpayers/Foreign-Earned-Income-Exclusion Good luck."}
{"_id": "185401", "title": "", "text": "\"They won't court you, but Delta's program is described [here](https://www.delta.com/planning_reservations/leisure_travel_program/status_match.jsp). In a nutshell they'll take your status level on another airline and matched it to a corresponding level with them for basically a trial period, during which you need to fly a certain amount to \"\"prove\"\" you're a frequent flyer and keep the status. The challenge you have to meet isn't bad at all and is basically just the same amount you'd need to normally be flying to keep your status for next year.  Pretty much all the airlines have a standing setup to let you move your status over. Delta and United are fairly straightforward, you just apply and meet the challenge target for your level. US Airways is actually fairly dickish, they make you pay to even get the option to challenge (at least they did, I checked once and saw it was $600 for my level and stopped flying them whenever possible). Beyond that I don't have particular details, but it's easy to find.\""}
{"_id": "185403", "title": "", "text": "Believe it or not, this is done as a service to you. The reason for this has to do with a fundamental difference between a credit card account and a checking account.  With a credit card account, there is no money in the account; every charge is borrowed money. When you get to your credit limit, your credit transactions will start getting declined, but if the bank does for some reason let one get approved, it's not a big deal for anyone; it just means that you owe a little more than your credit limit. Note that (almost) every credit card transaction today is an electronic transaction.  A checking account, however, has real money in it. When it is gone, it is gone. When a balance inquiry is done, the bank has no way of knowing how many checks you've written that have not been cashed yet. It is a customer's responsibility to know exactly how much money is available to spend.  If you write more checks than you have money for in your account, technically you have committed a crime. Unfortunately, there are too many people now that are not taking the responsibility of calculating their own checking account balance seriously, and bad checks are written all the time. When a bank allows these transactions to be paid even though you don't have enough money in your account, they are preventing a crime from being committed by you. The fee is a finance charge for loaning you the money, but it is also there to encourage you not to spend more than you have.  Even if you use a debit card, it is still tied to a checking account, and the bank doesn't know if you have written enough checks to overdraw your account or not. It is still your responsibility to keep track of your own available balance.  Every time this happens to you, thank the bank as you pay this fee, and then commit to keeping your own running balance and always knowing how much you have left in your account."}
{"_id": "185405", "title": "", "text": "For a lease, your payment is a function of sale price minus residual value. If the car has a low residual value then the lease payments will be higher. If it has a high residual value then lease payments will be lower but the purchase price at the end of the lease will be higher (potentially even higher than the KBB of the car). There is no gaming the system. Whether you buy now or lease now and buy later, you will be paying for the entire car.   Calculate the payments in both scenarios with appropriate interest rates/money factors, sale price, and residual value. This will demonstrate there is no free lunch to be had here. Also, don't forget that financing the vehicle after a three year lease will probably mean a higher interest rate than if you were to finance it all now. With a purchase now you will likely get more favorable financing terms and be able to talk them down on sale price. Leasing will not allow such flexibility generally.   Tldr No, that's not how it works. If you plan on owning the car for the duration of a loan (e.g. 5 years) it will be cheaper to just finance now."}
{"_id": "185406", "title": "", "text": "\"Yes, there are fringe cases is every system...  &gt; This isn't a call to reward people for their decisioms  Ahh, but that's life, isn't it?    Make good decisions, have better life.  Make bad decisions, have crappier life.  No getting around cause and effect.   Want to help people?  Start a charity. Or better yet, start a business and pay your employees a \"\"living wage\"\".\""}
{"_id": "185424", "title": "", "text": "yeah because boycotting works (insert sarcasm here). Anyway, everyone knows that gov'ts need money but when they are spending that same money for stupid stuff like spying on the people that pay them, it can make people feel less than comfy with the situation. The bottom line is that the purchased politicians keep these loopholes open allowing US companies to make moves of this nature and then appear on TV and deride them for being law abiding. Sure it violates the spirit of the law and it's pretty unethical BUT.....it's legal and they wrote the law so there's no crime being committed. I would guess that EVERY citizen would love to pay zero taxes. How can we be mad at the companies that have found a way to pull it off? If you can't beat them, join them."}
{"_id": "185434", "title": "", "text": "We have a pre-paid mastercard.  This will only allow the spending up to the amount already paid into the card account.  Visa Electron is a bank account linked debit card that will not allow the account to go overdrawn but this card type is getting quite rare."}
{"_id": "185443", "title": "", "text": "\"First, decide on your asset allocation; are you looking for a fund with 60% stocks/risky-stuff, or 40% or 20%? Second, look for funds that have a mix of stocks and bonds. Good keywords would be: \"\"target retirement,\"\" \"\"lifecycle,\"\" \"\"balanced,\"\" \"\"conservative/moderate allocation.\"\" As you discover these funds, probably the fund website (but at least Morningstar.com) will tell you the percentage in stocks and risk assets, vs. in conservative bonds. Look for funds that have the percentage you decided on, or as close to it as possible. Third, build a list of funds that meet your allocation goal, and compare the details. Are they based on index funds, or are they actively managed? What is the expense ratio? Is the fund from a reputable company? You could certainly ask more questions here if you have several candidates and aren't sure how to choose. For investing in US dollars one can't-go-wrong choice is Vanguard and they have several suitable funds, but unfortunately if you spend in NIS then you should probably invest in that currency, and I don't know anything about funds in Israel. Update: two other options here. One is a financial advisor who agrees to do rebalancing for you. If you get a cheap one, it could be worth it. Two is that some 401k plans have an automatic rebalancing feature, where you have multiple funds but you can set it up so their computer auto-rebalances you. That's almost as good as having a single fund, though it does still encourage some \"\"mental accounting\"\" so you'd have to try to only look at the total balance, not the individual fund balances, over time. Anyway both of these could be alternatives ways to go on autopilot, besides a single fund.\""}
{"_id": "185460", "title": "", "text": "\"Do mutual funds edit/censor underperforming investments to make their   returns look better, and if so, is there any way one can figure out if   they are doing it? No, that's not what the quote says. What the quote says is that the funds routinely drop investments that do not bring the expected return, which is true. That's their job, that is what is called \"\"active management\"\". Obviously, if you're measuring the fund by their success/failure to beat the market, to beat the market the funds must consistently select over-performers. No-one claims that they only select over-performers, but they select enough of them (or not...) for the average returns to be appealing (or not...) for the investors.\""}
{"_id": "185467", "title": "", "text": "\"Wait a second, I can't be the first to notice this,  near the top of the article: The internal contents, however, were often the exact same English words being read by their classmates buying high-priced US editions.  but later farther down: In cases where goods were actually produced abroad\u2014  this brings up the very definition of *produced* for \"\"intellectual property\"\", to my mind the mere fact that it is printed outside of the country is simply a logistical convenience.  If in fact it was written by a U.S. author living in the U.S. then it *wasn't* actually produced abroad.  Same goes for U.S. *produced* software in foreign manufactured goods.\""}
{"_id": "185477", "title": "", "text": "Tax revenues are spent mostly by voter referendum.  If you can't vote, your taxes are spent by your neighbors.  In our district ALL of the other schools have reduced enrollment so ALL the neighborhoods that can vote are happy with the performance of the school board and their situations.  So the neighborhood that can't vote has the overcrowded school.  They say that IF the levy is passed they will have a new school by 2017.  Of course, my children will be out of the school by then, so good for them."}
{"_id": "185488", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://libertystreeteconomics.newyorkfed.org/2017/10/discretionary-services-spending-has-finally-made-it-back-to-2007.html) reduced by 86%. (I'm a bot) ***** &gt; One explanation for the slow growth of spending on discretionary services is that households are concerned about their future income.  &gt; So in thinking about the pace of recovery for discretionary services spending, I compare the pace seen in the current expansion with that seen in the three other recent expansions-the 1960s and 1990s expansions, which lasted longer than the current expansion, and the 1980s expansion, which lasted almost as long.  &gt; Much of the gap between the current and previous long expansions occurred early in the expansions: Four years into the current expansion, discretionary services expenditures were only marginally above the level seen at the trough of the business cycle.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77abot/discretionary_services_spending_has_finally_made/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~230886 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **expansion**^#1 **services**^#2 **expenditures**^#3 **discretionary**^#4 **growth**^#5\""}
{"_id": "185496", "title": "", "text": "\"While the *potential* economic gains via increased trade and investment into the canal zone and whole country are relatively obvious (n.b. the widely quoted government report has not been fully disclosed, the contract was not openly bid on before being won by HKND, and HKND itself has a spotty track record with completing projects might as well one of this size, so take their astronomic claims with a grain of salt until there is more transparency), there is a significant risk of destroying the Nicaraguan environment and even potentially reigniting a civil war were affected groups (e.g. the [Rama](http://en.wikipedia.org/wiki/Rama_people), [Garifuna](http://en.wikipedia.org/wiki/Garifuna_people), [Mayangna](http://en.wikipedia.org/wiki/Sumo_people), and [Miskitu](http://en.wikipedia.org/wiki/Miskito_people)) to be ignored.  First and foremost he canal would decimate [Lake Nicaragua](http://en.wikipedia.org/wiki/Lake_Nicaragua), the largest freshwater lake in Central America and a crucial factor in the environmental and economic health of the region.  The introduction of saltwater and invasive species through the canal would essentially kill off most of the native flora and fauna while also removing a major source of freshwater for much of the country, the impact of both of which should also be obvious.  Besides the impact directly on Lake Nicaragua, the canal would also [potentially cut through as of now protected nature reserves.](http://www.nature.com/polopoly_fs/7.15580.1392661800!/image/Canal-2.jpg_gen/derivatives/fullsize/Canal-2.jpg)  According to Nature, \"\"[t]he excavation of hundreds of kilometers from coast to coast... will destroy around 400,000 hectares of rainforests and wetlands,\"\" as well as threatening the survival of numerous native species, threatening other industries including tourism and sport-fishing.  I could continue but this post is already longer than I planned on writing, so suffice it to say that anyone who say this is an unqualified positive for Nicaragua is either uninformed or being deceptive. Whether these consequences are worth it for the upside is an entirely different discussion, but these consequences are not to be disregarded lightly.  Sources:  [\"\"Conservation: Nicaragua Canal could wreak environmental ruin\"\" written by Axel Meyer &amp; Jorge A. Huete-P\u00e9rez and published by Nature.](http://www.nature.com/news/conservation-nicaragua-canal-could-wreak-environmental-ruin-1.14721)  [\"\"Nicaragua Plans to Bisect the Country With a Massive Canal\"\" written by Rachel Nuwer and published by Smithsonian Magazine.](http://www.smithsonianmag.com/science-nature/nicaragua-plans-bisect-country-massive-canal-180949838/?no-ist)  [\"\"Why the Plan to Dig a Canal Across Nicaragua Could Be a Very Bad Idea\"\" written by Greg Miller and published by Wired Magazine.](http://www.wired.com/2014/02/nicaragua-canal/)\""}
{"_id": "185500", "title": "", "text": "I think most would think that we can get our fiscal house in order without raising more taxes. There is so much waste there now and so many opportunities to save people money in things like healthcare, that it doesn't make sense to raise taxes until this gets addressed."}
{"_id": "185505", "title": "", "text": "None of the insurance cost increases will change regardless of Obama getting re-elected.  They're tied into the ACA, and that won't be repealed, even if Obama loses the election.  They're not going to be able to get a repeal through the new senate, regardless of how this election turns out.  And most definitely there's zero chance of a new law going through before January 1st regardless of the election."}
{"_id": "185508", "title": "", "text": "Additionally, is grocery even a major profit center for Wal-Mart? It wasn't even a major feature of their stores 15+ years ago IIRC. I guess it has decent halo effects today, but I'd be surprised if they wouldn't be fine treating it like a loss leader as well."}
{"_id": "185531", "title": "", "text": "It depends completely on the car.  Some cars retain their value much better, and others drop in value like a rock (no pun intended).  The mileage and condition on a car also has a huge impact on value.   According to this site, cars on average lose 46% of their value in three years, so seeing one that drops 62% in roughly 3 years does not seem impossible. That value could also have been trade-in value, which is significantly lower than what you could get with a private party sale (or what you'd pay to get that same car from a dealer) One example: a new Ford Taurus (lowest model) has a Kelly Blue Book value of $28,000.  A 2014 Taurus (lowest model) with average mileage and in fair condition has a private party value of about $12,000, for a 57% drop in value. Note: I picked Taurus because it's a car that should not have exceptional resale value (unlike BMW, trucks, SUVs), not to make any kind of judgement of the quality or resellability of the car)"}
{"_id": "185541", "title": "", "text": "First and foremost, it's about changing habits.  It seems like you've learned a painful lesson with the car financing.  That's a good start.  I'd work on developing the habit of making a budget every month before you spend a penny. As for this money, I would pay off the Apple loan and put the rest in savings.  Then pay off the entire credit card balance the month before the rate increases. The point of putting the money in savings is not about making the small amount of interest.  You need to get in the habit of having money in an emergency fund and paying for unexpected emergencies out of that, not just throwing it on a credit card.  Ideally, budget over the next few months to pay off the credit card out of your income, not out of savings."}
{"_id": "185561", "title": "", "text": "It was an internal memo, it was very well sourced and reasoned, and very mildly worded.  Everyone who's upset about it either hasn't read it or is a raging SJW ideologue who wants to burn him at the stake for wrongthink."}
{"_id": "185567", "title": "", "text": "&gt; The United States has more Nobel prize winners than any other country by a long shot.   We also have the third largest population in the world, and the highest GDP in the world by far. We spend more on defense then the next 7 countries together. We spend more on [health care per capita](https://en.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_per_capita) than any other nation in the world. We also have the [highest expenditures as a percent of GDP](http://data.worldbank.org/indicator/SH.XPD.TOTL.ZS?year_high_desc=true) than any other nation. Needless to say we spend a LOT on health care also.   The point being if we *DIDN'T* have the most nobel peace prize winners, with all the money we spend on R&amp;D, then there would be some serious issues.   &gt; We have arguably (in spite of the fda) the best medical services in the world.   Again, you need to travel. While, yes, we spend more on health care than any other nation, and we do have arguably the best health care services in the world... that is mostly only true if you are very wealthy.   When you break it down on results per dollar spent, the US doesn't even break the top 20. When you break it down on infant mortality, and life expectancy, we have been on a backward slide for a while now (although those rates improved for the short while that the ACA has been in effect, as have the net increase in costs). At the end of the day, the cost of health care has grown 3X faster than inflation, and 20X faster than the average income for over 30 years now. So, no, [health care in this country is not the best to the average person](http://www.pbs.org/newshour/rundown/health-costs-how-the-us-compares-with-other-countries/).   And yes, Space X has been able to estimate a savings of $300M less... Commercial does a great job of expanding on the research and knowledge that has come from government sponsored R&amp;D. You see that in every modern technological advancement - from the internet, cellular phones, GPS, medical procedures, etc. There are so many modern inventions that have sprung from government patents and government research programs."}
{"_id": "185583", "title": "", "text": "The question seems to be from the point of view actual sales and not its impact on one's taxation. In case you just want to sell, why brokers will respond differently each times. Either there may be issues with ownership and/or the company whose shares it is? In case you feel that the issues lies with brok"}
{"_id": "185587", "title": "", "text": "&gt;and healthcare (and not sending them into poverty because of it)  Healthcare in America is both the least effective and most expensive than any other developed nation. People go into poverty trying not to die on a daily basis, because our healthcare system fails to cover them"}
{"_id": "185612", "title": "", "text": "Never borrow money to purchase a depreciating asset. Especially don't borrow money that has penalties attached."}
{"_id": "185616", "title": "", "text": "This is very possibly a scam. The way the scam works is that the scammers send you a letter and demand you call the telephone number. But the telephone number belongs to the scammers, not the bank. When you call the number, they will 'authenticate' you by asking you a bunch of questions. They will then have enough information to call the bank and pretend to be you, and transfer out all of your money. What you need to do is to find the telephone number for your bank without making use of this letter. For example, look at a previous bank statement, or find the telephone number on the bank's website. Call that number and discuss this letter. If you have already called the number in the letter and if you have the slightest reason to believe it is not valid, stop reading. This is an emergency. Immediately call a legitimate number at the bank. Explain the situation and note that you believe your information has been compromised. Why are you still reading? Do it now."}
{"_id": "185620", "title": "", "text": "SEO in Utah works to drive ideal audiences to a particular website at the time when that audience is ready to consume information or buy products and services that the website is offering. For sitesbysara team SEO in Utah is a science where rules need to be followed. We will be happy to tell you all about them, share our knowledge and insights in every aspect of the application. Click here for more details: http://hfbatman.informe.com/profile2959.html"}
{"_id": "185626", "title": "", "text": "If thinking about it like a business you normally only pay taxes on Net income, not gross.  So Gross being all the money that comes in. People giving you cash, checks, whatever get deposited into your account. You then pay that out to other people for services, advertisement. At the end of the day what is left would be your 'profit' and you would be expected to pay income tax on that.  If you are just an individual and don't have an LLC set up or any business structure you would usually just have an extra page to fill out on your taxes with this info. I think it's a schedule C but not 100%"}
{"_id": "185640", "title": "", "text": "The clinical chemistry analyzers such as the semi auto chemistry analyzer have made the medical practice easy for the doctors and far more effective for the patients. More and more health care providers and clinics are now installing them in their premises in order to avail the benefits that come with them."}
{"_id": "185643", "title": "", "text": "We have an interactive game &amp; mental workout set in a real, physical location that challenges you to decode &amp; decrypt your way out of a locked room. The West Palm Beach Escape Rooms are an adventure inside four walls an escape from the ordinary world. You should find an escape rooms WPB adventure in Florida right here. If you laugh at our jokes or appreciate the oddball clues I've left around the rooms.  Each Room available to attempt in escape room  features its own unique theme, challenges and props. The escape rooms South Florida is a fun and interactive real-life game experience, excellent for you."}
{"_id": "185651", "title": "", "text": "I have all the info I remember reading into to this when I was studying law and long hours always led me to Reddit. So pretty much what happened was he had a Reddit post that him and his wife were getting a divorce and he was left broke and wanted to see the world, and people banded together to help, as stated up above. He made it to Michigan first, around the year 1998 when the undertaker threw Mankind off the hell and the cell plummeting 16 feet into an announcers table"}
{"_id": "185656", "title": "", "text": "I have never been requested to send a voter registration card. What on earth for? It sounds as if you don't have a credit report available on your SSN, so they're having trouble verifying your identity. But the most I have ever been requested to send to an online bank (ING Direct in my case, and I too didn't have a credit report yet when I opened an account there) was the Social Security card and a driver's license.  Once you have a proper credit report information (a couple of loans and a couple of address changes), they can compile the data into a set of verification questions, which would be used to verify your identity. If you do send stuff - make sure to fax it to their 800 fax number, do not send via email. It may also be that their user database is compromised and someone is phishing you. Make sure they're the ones asking for info (and getting it) by calling their phone number (take the number from their web-site, not the emails)."}
{"_id": "185668", "title": "", "text": "Well, I am open to suggestions. Don't have the grades or the money to get into grad school. Looking for something more rigorous than online classes, I've been doing the traditional information interviews and reading but nothing seems to be landing. . . Thank you for your comment."}
{"_id": "185673", "title": "", "text": "Does your town not have ATMs at alternative locations?  Or grocery stores or corner stores with debit card with cash back options? The Bank of Gamestop method seems like a bad idea.  Gamestop might easily shut you off from doing preorders, and should, if you do this more than a few times.  And you'd certainly hit their fraud detection algorithms (even though you're not really defrauding them - you're actually helping them out by giving them interest-free loans); it looks like you're a serial returner. If you find yourself in need of cash at times when grocery stores aren't available, well, talk to your wife perhaps, or find a location - not a mattress - to store a small amount of emergency cash."}
{"_id": "185674", "title": "", "text": "Please point to the known, reliable, and credible fact checkers who show a high number of \u201cfake news articles trying to slander him\u201d because objective reality has this nasty habit of proving explicit/implicit Trump defenders, such as yourself, wrong."}
{"_id": "185678", "title": "", "text": "Thanks!! That's so kind of you. Luckily my boyfriend and I are quitting together, so we're able to support each other. This weekend will be hard because we're going to a wedding with friends who smoke. But we've already talked about strategies and code words to get us out of situations that might pressure us and that kind of thing."}
{"_id": "185681", "title": "", "text": "Schedule E is the form you'll use. It lists nearly all deductions you can take for a rental. TurboTax Deluxe will handle it and it includes State Filing."}
{"_id": "185683", "title": "", "text": "&gt; Amazon won't be able to compete with China's Alibaba and Alibaba Express.  Doubtful -- Alibaba specializes in wholesale. Aliexpress is more of an Amazon competitor, being online retail, but there's a reason we use Amazon and not Aliexpress -- Aliexpress's niche is cheap, low quality, made-in-china shit, often with [hilarious results](https://imgur.com/a/gEVgW) or [even dangerous](https://www.youtube.com/watch?v=Auo5knqHMH8)."}
{"_id": "185686", "title": "", "text": "1- Wells Fargo does not own our current mortgage.  They have bundled it and sold it as an investment. 2- They make their money from 'servicing' the loan.  Even if they only get $50 per month to service it (3% of our monthly payment), that adds up to $50,000,000 per month if they have a million homes under management.  That is $600 million per year for each million homes being serviced 3- Managing the escrow gets them additional profit, because they can invest it and earn 2-3%.  If 1,000,000 homes have an average balance of $2,000 in their escrow accounts, they can earn up to $60 per year, or $60,000,000 annually. 4- They make $1,000 every time they refinance the home.  This is the approximate profit after paying real closing costs.  Refinance those million homes, and you make a cool billion in profit! 5- They also want to be sure that they keep us as a customer.  By lowering our payment, they decrease the likelyhood that we will refinance with someone else, and we are less likely to default.  (Not that they lose if we default, because they don't own the loan!) 6- they make additional profit by paying off the old loan (they don't own it\u2026 remember), then packaging and selling the new mortgage.  Since they are selling it as a security, they sell for future value, meaning they sell our $200,000 loan for a valuation of $360,000.  This means that they sell for $200,000 PLUS some fraction of the additional $160,000.  Let's say they only want a 10% premium of the $360,000 valuation.  That means they sell our $200,000 loan for $236,000.  They pocket $36,000.  If they make a million of these transactions every year, that is $36 billion dollars in profit So\u2026 Wells fargo refinances one million homes every year, and they make: $36,000,000,000 initial profit for selling the loan (with absolutely no risk!), plus $1,000,000,000 for doing the loan $660,000,000 annually to service the loan (Very little risk, since it is being paid by the owner of the loan as a service fee) If they can retain the loans for their entire life (keep us from refinancing with someone else\u2026), they can make $19,800,000,000 (that is 19.8 billion dollars in servicing fees) The profit they make in a refinance is much greater than the money then can make by holding the loan for 30 years."}
{"_id": "185732", "title": "", "text": "\"Most people on Reddit don't seem to \"\"get\"\" any system they're talking about, and this is the perfect example.   The patent was approved before the sale. It takes about 2 years to get a non-controversial patent in the US. Maybe they were in talks for this acquisition 2 1/2 years ago, but that's somewhat unlikely given the timelines for most acquisitions.   It would be so far and away more valuable to Amazon to prevent a shopper at a competitor from seeing that they could get the same product for 30% less on Amazon than to ever prevent someone in their \"\"forthcoming brick and mortar empire\"\" from doing it.  As far as a brick and mortar store goes groceries is also a very low margin one. Yes they picked the high end market that would be better than your average Safeway, Bi-Lo, or Walmart, but it's also a relatively small one compared to the alternatives and I think it's dumb to expect that to make a difference. Groceries are the \"\"final frontier\"\" for Amazon as far as making sure they can deliver anything, anywhere, today. It's basically having cold storage warehouses in every metro area without having to build them.   Edit: yeah, there was a missed double negative there. Obviously it's in their interest to keep *other businesses* from preventing people in their stores from realizing they can get things cheaper on Amazon.\""}
{"_id": "185739", "title": "", "text": "Not an HLS-er myself, but that's basically my experience with HLS students/grads as well. There are many HLS grads who are mind-numbingly brilliant and provide a unique contribution to their focus or organization. There are also plenty who kept their head downs for 20 years and kept perfect grades, but who just apply existing techniques to known problems and add no unique value over a cheaper counterpart from a lower-ranked school (other than maybe social connections to other HLS grads)."}
{"_id": "185742", "title": "", "text": "The COO planned to retire within some months but bailed earlier out of loyalty for Pandit. This is most likely a boardroom brawl.  Regardless, Pandit has left Citi on firm footing if it is being compared to JPM and WF instead of BOA. if Corbat's track record with Citi Holdings is any indication, Citi should be a good buy now."}
{"_id": "185750", "title": "", "text": "Free healthcare is not a human right and the affordable care act is not healthcare, it's mandated health insurance - a guarantee of payment to private insurance companies. It is a tax on the poor. They can't afford the rising healthcare costs from the bubble ACA created, so now they have to pay a fine. That's a tax. In America, if you go into a hospital without insurance, you will be treated. But now, if you don't have insurance, you're also a criminal. It's the slow, constant creep of socialism. You can free yourself by becoming a member of a health share that is cash-based and exempt from the ACA tax penalty. I use Samaritan Ministries (top rated) and it's been a great experience."}
{"_id": "185753", "title": "", "text": "\"Problem is, my CEO told me I would \"\"get a raise every 12 days\"\" \"\"dollar here, dollar there\"\".   It's been 5 months of excellent work on my part, no bonus, no raise, nothing. I mean, I'm upset, but I wish I at least got recognized for my work. If it weren't for me doing something that got the attention of his wife (who also works here), he wouldn't even recognize me.\""}
{"_id": "185787", "title": "", "text": "\"Thanks for your reply. I think a lot of people are confused when talking about ownership, and I think it is a definitional issue.   When a company issues stock (the first time or anytime), what they are doing is \"\"selling\"\" the right to a percentage of the dividend. They are not actually selling parts of the company to you. Everyone thinks this way though, and that has to do with the Chicago School economists who perpetuated their ideas of ownership which is what everyone know thinks is the case. This way of thinking about corporations and ownership is just wrong (not ethically), just erroneous.   As I stated before, Lynn Stout of Cornell University explains this really well. I would encourage anyone to read more about it.\""}
{"_id": "185791", "title": "", "text": "Depends on where you live. I live near RTP, and our tech sector was hit hard. IBM is the worst for job cuts. Even when business was booming in the area, it was hard to get an entry level position. By entry level, I mean basic networking A+, CCNA level stuff.  When everything went pear-shaped in 2008, my friends in the IT industry were dropping like flies. Most of them had 15 years or more in experience, were highly sophisticated, and current in their skillsets.  I know things are a little better in the Midwest, and towards Cali. The only place I know is in an economic boom by experience is ND. $1500 signing bonus at Sears. If you do skilled work, you get paid a premium.  Housing was two years out on a waiting list. Just ridiculous."}
{"_id": "185809", "title": "", "text": "The study of technical analysis is generally used (sometimes successfully) to time the markets. There are many aspects to technical analysis, but the simplest form is to look for uptrends and downtrends in the charts. Generally higher highs and higher lows is considered an uptrend.  And lower lows and lower highs is considered a downtrend.  A trend follower would go with the trend, for example see a dip to the trend-line and buy on the rebound. Whilst a bottom fisher would wait until a break in the downtrend line and buy after confirmation of a higher high (as this could be the start of a new uptrend). There are many more strategies dealing with the study of technical analysis, and if you are interested you would need to find and learn about ones that suit your investment styles and your appetite for risk."}
{"_id": "185827", "title": "", "text": "Get oven dried firewood which is easy to stoke and makes less smoke. Choose from wide variety of firewood based on your usage. There is a different variety for stoves, fireplaces and for other day to day activity. The firewood supplied is sustainable, more wood gets replanted. Oven \u2013dried firewood is more beneficial than kiln dried as it has 20% less moisture content that makes it easy to ignite, boiler ready and produces less smoke."}
{"_id": "185829", "title": "", "text": "\"&gt; Don't slam it with some aphorism about how we should \"\"work to live\"\" when some people feel their work is their \"\"purpose\"\"(the musks of the world).  I wasn't slamming the idea of working with purpose because you love the job.  That's a great way to live and I wouldn't ever knock it.  I was slamming the idea that you're not successful if you make less than $500k.  I was trying to give examples of people who live successful lifestyles without huge salaries.  Salary is relative, salary is not necessary to live a fulfilled life.\""}
{"_id": "185843", "title": "", "text": "SECTION | CONTENT :--|:-- Title | \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u0645\u0639\u0644\u0642\u0629 2017  \u0627\u0644\u0645\u0627\u0633\u0629 01206184038 Description | \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u0645\u0639\u0644\u0642\u0629 2017  \u0627\u0644\u0645\u0627\u0633\u0629 01206184038 http://almasadecorations.blogspot.com.eg/ almasadecorations@gmail.com \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u0645\u0639\u0644\u0642\u0629 \u0627\u0633\u0642\u0641 \u062c\u0628\u0633 \u0628\u0648\u0631\u062f \u0645\u0648\u062f\u0631\u0646 \u0627\u062c\u0645\u0644 \u0635\u0648\u0631 \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u0643\u0631\u0627\u0646\u064a\u0634 \u062c\u0628\u0633 \u0641\u062e\u0645\u0629 \u0648\u0634\u064a\u0643\u060c \u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u062c\u062f\u064a\u062f \u0645\u0648\u062f\u0631\u0646 2017\u060c \u0627\u062d\u062f\u062b \u0635\u0648\u0631 \u062a\u0635\u0645\u064a\u0645\u0627\u062a \u0643\u0631\u0627\u0646\u064a\u0634 \u062c\u0628\u0633 \u0641\u0644\u0644 \u0648\u0642\u0635\u0648\u0631 \u0644\u0644\u0623\u0633\u0642\u0641\u060c \u0635\u0648\u0631 \u062f\u064a\u0643\u0648\u0631\u0627\u062a \u062c\u0628\u0633\u064a\u0629 2017 \u0627\u0645\u0628\u0648\u0631\u062f \u0648\u062c\u0628\u0633 \u0627\u0633\u0642\u0641 \u062d\u062f\u064a\u062b \u0634\u064a\u0643 \u0641\u062e\u0645. \u0627\u0644\u0645\u0635\u062f\u0631:https://youtu.be/hETRdt_0D0s Length | 0:02:08           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "185864", "title": "", "text": "LOL. The DNC is literally bankrupt and in debt. You won't hear such truths uttered in the mainstream media, but suffice to say that a party that can't even manage it's own internal bookkeeping isn't going to fix the economy.  http://observer.com/2017/07/democratic-national-committee-failing-unpopular-debt/  Libs are lost and delusional."}
{"_id": "185882", "title": "", "text": "Bill\u2019s Lemonade was first sold at county fairs and festivals by a guy named Bill and his wife. From the very start they used a unique process which they perfected, combining select ingredients and a handmade touch to create the best fresh lemonade."}
{"_id": "185904", "title": "", "text": "Yea, typically if you sign up for a payment plan you have to pay something extra, whether it be interest, a start up fee, or both. I signed up for a payment plan last year and had to pay 75 dollars as a start up fee. OP if you can pay it up front and it won't hurt you in the short run I'd definitely go for the full payment option"}
{"_id": "185909", "title": "", "text": "Upselling you is how they make money.  That's the price of the free content. Test their recommendations.  Pretend to buy the stocks they say.  How do they do?  Do they ever say to sell the stocks after their buy recommendations? There are lots and lots of opinions out there.  I doubt people really hear about the good ones because (a) the good ones have paid newsletters and/or (b) the good ones aren't telling a soul because they're absolutely cleaning it up. Warren Buffett doesn't announce his intentions.  He's been buying for a while before anyone finds out."}
{"_id": "185922", "title": "", "text": "\"First of all, metals are commodities. So if you're phrasing that as metals and/or commodities, then that's poorly worded. If you're phrasing that as \"\"metal commodity reports\"\" then say as such.   Second, and more importantly: what commodities? Power is very different than coffee. Different places specialize in different things, all banks are good in some and weak in others. There's no generic \"\"commodity\"\" market but rather a huge range of specifically different products traded in the future.You learn more than a small fraction of this universe so pick one or two specific products from the macro buckets (i.e. energy, grains, metals) and focus on those.\""}
{"_id": "185944", "title": "", "text": "You need to fill out form 8606.  It's not taxable, but you still need to report it"}
{"_id": "185951", "title": "", "text": "name a product they've invented again? ipad is not a product. tablets are a product. you can say they popularized it or made it palatable or marketed it or whatever you want to say. but they did not invent it. and that was your original statement."}
{"_id": "185973", "title": "", "text": "Price in the US are more expensive than Germany when you include tax and when you take into account paying the same in pounds versus kilos. Bread is not even a fair fight since the price is jacked up in the states. Germany has great bread at very reasonable prices."}
{"_id": "185983", "title": "", "text": "Here's what the GnuCash documentation, 10.5 Tracking Currency Investments (How-To) has to say about bookkeeping for currency exchanges. Essentially, treat all currency conversions in a similar way to investment transactions.  In addition to asset accounts to represent holdings in Currency A and Currency B, have an foreign exchange expenses account and a capital gains/losses account (for each currency, I would imagine).  Represent each foreign exchange purchase as a three-way split: source currency debit, foreign exchange fee debit, and  destination currency credit. Represent each foreign exchange sale as a five-way split: in addition to the receiving currency asset and the exchange fee expense, list the transaction profit in a capital gains account and have two splits against the asset account of the transaction being sold. My problems with this are: I don't know how the profit on a currency sale is calculated (since the amount need not be related to any counterpart currency purchase), and it seems asymmetrical.  I'd welcome an answer that clarifies what the GnuCash documentation is trying to say in section 10.5."}
{"_id": "185988", "title": "", "text": "Just wanted to chip in on the card reader thing.  If they threaten to call the cops, call their bluff; worst case you'll spend the time waiting for a copy to show up that would've been wasted driving around looking for an ATM.  Also, make sure you call the company after the fact and let them know about it (as well as identifying details about when and what cab # you were in) -- some companies don't care but the ones I've had to call about generally take that seriously (i.e. management calling me back later to get as much identifying info as possible to find the drivers responsible)."}
{"_id": "185991", "title": "", "text": "Compared to most places in the suburbs, their coffee's actually come a long ways.  But yeah, their burgers are terrible on their own level. Just soft, greasy, mushy things that people who don't eat there on a regular basis almost unanimously agree make them nauseous after eating.  Not to mention the smell and the grease all over the bags and boxes of everything there. As for the breakfast, it's edible, but it says something when even an egg sandwich looks and tastes like overly processed unnatural garbage.  In new england most gas stations have some kind of grill inside. I don't know if I'd trust their burgers and such, but as for breakfast sandwiches, they're fresh, not microwaves, and it's a real egg cooked on a grill that blows mcdonalds or even dunkin donuts out of the water when it comes to breakfast.  But aside from that, there's been a pushback against this proud unhealthy eating because 'merica. I'm not surprised by this at all."}
{"_id": "185998", "title": "", "text": "I'm not sure software produced by firms in the (all encryption is bad) UK, or (Patriot Act overrides everything) US would be any more secure for me as a user though to be honest.  It is surprising a US intelligence person would use any security software from a Russian firm though, that's true."}
{"_id": "185999", "title": "", "text": "You're not physically present in the US, you're not a US citizen, you're not a green card holder, and you don't have a business that is registered in the US - US laws do not apply to you. You're not in any way under the US jurisdiction.  Effectively connected income is income effectively connected to your business in the US. You're not in the US, so there's nothing to effectively connect your income to. Quote from the link: You usually are considered to be engaged in a U.S. trade or business   when you perform personal services in the United States. You ask: If I form an LLC or C corp am I liable for this withholding tax? If you form a legal entity in a US jurisdiction - then that entity becomes subjected to that jurisdiction. If you're physically present in the US - then ECI may become an issue, and you also may become a resident based on the length of your stay."}
{"_id": "186016", "title": "", "text": "\"&gt;I don't know of a country in the developed world with legalized cocaine  Currently.  It *used* to be legal in the US (just as was Heroin).  And the \"\"drug addict problem\"\" was no greater back then than it is now.  IOW, criminalizing it didn't solve the \"\"problem\"\" -- if anything, it simply made the problem a LOT worse (much as prohibition did with alcohol).  **EDIT: BTW, you're wrong, [possession of certain amounts cocaine is legal (or overlooked) in several countries](http://en.wikipedia.org/wiki/Legal_status_of_cocaine).** *And please don't descend into some BS semantic argument that \"\"Well, Mexico isn't REALLY a 'developed' country.\"\"*  &gt;It would be a bold step to have cocaine become industrialized like alcohol in the US  Yeah, well it was a \"\"bold step\"\" to enact alcohol prohibition, and an even BOLDER step to repeal it.  &gt;Marijuana decriminalization is another story, but I don't agree with legalization of cocaine, heroin, or methamphetamine.  Yeah, of course you don't.  You're \"\"trapped\"\" in the herd-thinking mindset (the one where you really don't have to do any \"\"thinking\"\" at all).\""}
{"_id": "186019", "title": "", "text": "It appears from your description that the 401k account has the automatic dividend reinvestment policy, and that the end result is exactly the same as the external account with the same policy. I.e.: no difference, the dividend affected the 401k account in exactly the same way it affected the external account. The only thing is that for external account you can take the dividend distribution, while for 401k you cannot - it is reinvested automatically. Were you expecting something else?"}
{"_id": "186020", "title": "", "text": "In theory, an FCM may accept various types of collateral, including assets such as cash, treasuries, certain stocks, sovereign debt, letters of credit, and (as of 2009, I think,) gold. In practice, most will want you to post cash or cash. Some will take treasuries, but I think you'll generally have a hard time posting securities or other riskier asset classes at most shops, as dealing with the margining around them is more complex (and less profitible)."}
{"_id": "186022", "title": "", "text": "\"Anyone who suggests unions are anti-capitalist has their head completely up their ass.  And this whole \"\"ban collective bargaining\"\" thing which people have been trying to do in certain places confuses the hell out of me.  Collective bargaining isn't even a right, it's a natural consequence of having more than 2 people in any given system.  It's inherent.  It might as well be a physical law.  It's impossible to ban.  And it's the very epitome of what a free market system stands for.  If the free market allows corporations to form, i.e. people coming together for mutual benefit in industry, then they certainly allow labor unions to form, i.e. people coming together for mutual benefit in industry.  **They're the same fucking thing, people**.\""}
{"_id": "186029", "title": "", "text": "Each bank builds or buys their own bill pay system, so answers are not universal (try your banks bill pay system out before fully transferring over, if I didn't like mine I'd get a new bank), but for your questions in order: Other things to consider include: Check your bank account at least twice a month to verify what payments have been made (this is just good general advice). I use bill pay to automatically pay the minimum payment so I avoid forgetting to pay my credit card bill.  I strongly recommend a push vs. pull method for bill pay; that is, pushing money from your bank account to pay bills, rather than allowing billers to pull money from your account. This limits the number of companies that you directly give your bank account information to, and makes it easier to hold onto your money when you dispute a mistake they made. It also puts all payment information in once central place so you can keep track of all payment schedules together."}
{"_id": "186031", "title": "", "text": "It is almost a sure thing that the housing market will crash again hugely.For this reason I prefer to own several houses that way when it does no one can ask for their money back and leave me homeless. Current economics suggest a fall of between 40-60% from 2011 prices meaning that if you have bought a house in the last 12 years you can wave bye bye to any and all equity, and this will happen very soon. I recommend saving your money and buying a house outright (like I did 3 times) from someone who has spent 12 years or so paying a mortgage."}
{"_id": "186071", "title": "", "text": "\"It very much comes down to question of semantics and your particular situation. Some people do not view a house (and most upgrades) as an investment, but rather an expense.  I certainly agree that this is probably the case if you pay someone else to make the repairs and upgrades.  However, if you are a serious DIYer, that may not be the case.  Of course, if the house is a money pit and/or you were unfortunate to buy when prices where ridiculously high, you'll have a hard time making any money on this \"\"investment.\"\"  To continue this game of semantics, you may also consider the value you extract from your home while you are living in it. On to the mortgage itself.  Chances are that it is a long term, relatively low rate loan and that the interest is deductible.  So, there are some disadvantages to paying it down early, even without early payment penalties.  Paying down early on the principal is a disadvantage from a tax perspective.  How much of a disadvantage hinges on the rate. Now, a debt is a liability on your personal balance sheet.  It drags down any returns you may have from investing.  However, a home lone is not generally subject to the cardinal rule of paying off your high interest debt before investing.  It should not be relatively high and it pays for something necessary.  It may be that any credit card debt you have may have paid for something considered necessary.  However, with the relatively high interest rates, you have to question just how necessary any credit card debt really is.  Not to mention that there is no tax advantage. So, it comes down to the fact that a home loan should be relatively low interest, paying for something you must have and that you hopefully have some tax advantage from the interest you pay on it.\""}
{"_id": "186079", "title": "", "text": "Yes, as you are Indian resident for Tax purposes, you have to pay Tax in India for the amount you have earned in Singapore. So essentially add the income from 1st April to Mid 2014 with the eq SGD earned in Singapore till 31st March 2015. Apply the tax brackets like you normally do, claim the exemptions you would normally do 80 C etc. As India and Singapore has a Dual Tax Avoidance Treaty, you can claim the portion the tax already paid in Singapore and pay only the balance. For example if the tax works out to be Rs 30, you have already paid Rs 20 in Singapore, you would have to pay only Rs 10 in India and mention that you have already paid Rs 20 to Singapore IRS. It is irrelevant whether you transfer the funds to India or not, the tax is applicable in the financial year you have earned. More on DTAA"}
{"_id": "186102", "title": "", "text": "&gt;I propose to make the requirements for finish high school and college degrees much much higher, as it was in the past.  Not gonna happen. The paradigm is that low scores are entrenched and therefore unable to be lifted without the kids parents having higher education.  Therefore, waiting for disadvantaged kids to get higher scores will not happen until they get accepted into college.  If you force schools to gain their income from future students earnings they will have high concern for kids that have a good P/E ratio.  It will also stop the loan industry from putting these kids into debt.   The downside is that it may turn colleges into trade techs, but that is much better than what is going on now: useless degrees and high debt."}
{"_id": "186127", "title": "", "text": "A security is a class of financial instrument you can trade on the market.  A share of stock is a kind of security, for example, as is a bond. In the case of your mortgage, what happens: You take out a loan for $180k.  The loan has two components. a.  The payment stream (meaning the principal and the interest) from the loan b.  The servicing of the loan, meaning the company who is responsible for accepting payments, giving the resulting income to whomever owns it. Many originating banks, such as my initial lender, do neither of these things - they sell the payment stream to a large bank or consortium (often Fannie Mae) and they also sell the servicing of the loan to another company. The payment stream is the primary value here (the servicing is worth essentially a tip off the top).  The originating bank lends $180k of their own money.  Then they have something that is worth some amount - say $450k total value, $15k per year for 30 years - and they sell it for however much they can get for it.  The actual value of $15k/year for 30 years is somewhere in between - less than $450k more than $180k - since there is risk involved, and the present value is far less.  The originating bank has the benefit of selling that they can then originate more mortgages (and make money off the fees) plus they can reduce their risk exposure. Then a security is created by the bigger bank, where they take a bunch of mortgages of different risk levels and group them together to make something with a very predictable risk quotient.  Very similar to insurance, really, except the other way around.  One mortage will either default or not at some % chance, but it's a one off thing - any good statistician will tell you that you don't do statistics on n=1.  One hundred mortgages, each with some risk level, will very consistently return a particular amount, within a certain error, and thus you have something that people are willing to pay money on the market for."}
{"_id": "186138", "title": "", "text": "Saltgrass used to charge per shift for an apron cleaning fee-- their aprons and their cleaning.  One day I a couple years later I got a class action settlement check in the mail for a couple hundred bucks.  Even if this is a legal practice I think it would be one that invited class action litigation."}
{"_id": "186184", "title": "", "text": "\"In general, I think you're conflating a lot of ideas.   The stock market is not like a supermarket.  With the exception of a direct issue, you're not buying your shares from the company or from the New York Stock Exchange you're buying from an owner of stock, Joe, Sally, a pension fund, a hedge fund, etc; it's not sitting on a shelf at the stock market. When you buy an Apple stock you don't own $10 of Apple, you own 1/5,480,000,000th of Apple because Apple has 5,480,000,000 shares outstanding.  When a the board gets together to vote on and approve a dividend the approved dividend is then divided by 5.48 billion to determine how much each owner receives.  The company doesn't pay dividends out to owners from a pot of money it received from new owners; it sold iPhones at a profit and is sending a portion of that profit to the owners of the company.   \"\"When you buy stock, it is claimed that you own a small portion of the   company. This statement has no backing, as you cannot exchange your   stock for the company's assets.\"\" The statement does have backing.  It's backed by the US Judicial system.  But there's a difference between owning a company and owning the assets of the company.  You own 1/5,480,000,000 of the company and the company owns the company's assets.  Nevermind how disruptive it would be if any shareholder could unilaterally decide to sell a company's buildings or other assets. This is not a ponzi scheme because when you buy or sell your Apple stock, it has no impact on Apple, you're simply transacting with another random shareholder (barring a share-repurchase or direct issue).  Apple doesn't receive the proceeds of your private transaction, you do. As far as value goes, yes the stock market provides tons of value and is a staple of capitalism.  The stock market provides an avenue of financing for companies.  Rather than taking a loan, a company's board can choose to relinquish some control and take on additional owners who will share in the spoils of the enterprise.   Additionally, the exchanges deliver value via an unbelievable level of liquidity.  You don't have to go seek out Joe or Sally when you want to sell your Apple stock.  You don't need to put your shares on Craigslist in the hope of finding a buyer.  You don't have to negotiate a price with someone who knows you want to sell.  You just place an order at an exchange and you're aligned with a buyer.   Also understand that anything can move up or down in value without any money actually changing hands.  Say you get your hands on a pair of shoes (or whatever), they're hot on the market, very rare and sought after.  You think you can sell them for $1,000. On tonight's news it turns out that the leather is actually from humans and the CEO of the company is being indicted, the company is falling apart, etc.  Your shoes just went from $1,000 to $0 with no money changing hands (or from $1,000 to $100,000 depending on how cynical you are).\""}
{"_id": "186185", "title": "", "text": "Because US bonds have had the prior impression of absolute invincibility and safety that has helped the dollar become the world's reserve currency and the United States borrow essentially at will. For the people that care what S&P says, the aura of invincibility is broken and it is conceivable, in SOME universe, for the US to default on its debt. This is of little practical importance on its own, but it's yet another signpost on the road to Chinese or European economic hegemony."}
{"_id": "186206", "title": "", "text": "\"I usually say \"\"no thank you\"\", but if the salesperson gets pushy I say \"\"if I need insurance, I guess I won't buy the product because I only want to buy quality that will last a good long while\"\" I have never actually walked away from a purchase because I generally research these things ahead of time, but I think I mean it when I say it.\""}
{"_id": "186220", "title": "", "text": "Microsoft wants to buy a majority in the stock. To accomplish that, they have to offer a good price, so the current share owners are willing to sell. Just because the CEO of LinkedIN agreed to the deal doesn't really mean much, only that he is willing to sell his shares at that price. If he does not own 50%, he basically cannot complete the deal; other willing sellers are needed. If Microsoft could buy 50+% of the shares for the current market price, they would have just done that, without any negotiations. That is called a hostile take-over."}
{"_id": "186237", "title": "", "text": "\"&gt; All food companies are required to have the answers to a set of questions available, via email or website, phone, or standard mail. Those questions are determined by a combination of independent panel and consumer polling. What those questions are may change over time, allowing for a reasonably generous grace period for the companies to prepare.  Why should we trust big agro to release accurate information that may be damning to their business? This isn't like government where records have to be kept for FOIA requests. I'd expect them to pursue their own interests above all else, as they have done now by altering the laws in their favor.  &gt; I also think we need a series of third party organizations, rather than the USDA Organic system we have. What's acceptable and what isn't is super arguable, and rather than just taking the standard that exists (which IMO is not meaningful), folks can choose which standard they wish to head. Combined with the mandated transparency above, this would lower costs by removing the need for active investigation, and lead to more informed decision making on the part of the consumers.  The problem is that the USDA has been underfunded to the point that it's completely incapable of doing the amount of inspections needed. Having multiple sets of competing standards would be confusing to the consumer, and unless the terms labeled have legal weight it ultimately doesn't mean anything. I recall all the products mislabeled as \"\"organic\"\" until legal standards were published defining the term.  Consumers don't know what they need to be educated about, and rely on reporters and experts to make recommendations and revelations on their behalf. Today these groups are neutered to maximize agricultural profits, and public health is suffering. Agricultural workers are suffering.  &gt; Combined with the mandated transparency above, this would lower costs by removing the need for active investigation, and lead to more informed decision making on the part of the consumers.  I suggest the following alternatives:  * Fund the USDA properly * Allow journalists to report on our food supply chain without legal reprisal * Revoke all laws that restrict the first amendment when it comes to our food. \"\"Disparaging a food product\"\" should not be illegal in a free country. Public health should be more important than sales of unhealthful products.\""}
{"_id": "186243", "title": "", "text": "You can also approach some charities with this idea. They can set it up so that the extra funds, if you die early, go to the charity. They will set it up as an annuity through an insurance company they work with."}
{"_id": "186283", "title": "", "text": "Are you going back so you can find a higher paying job? What type of job are you currently working?      Going back to school is not a waste of time. I did the same thing. At 22 I went back and earned a BBA with a finance concentration from a non-target. I graduated in December and started a new job in January. Granted, the job I got was an entry level position in an accounting department, but the pay was great compared to my previous job (server), and I was finally able to enjoy weekends! I went on to get a M.S. in Finance (50% paid for by the job I got out of undergrad!) and I now work as an analyst for a f500 company. I say go for it!"}
{"_id": "186296", "title": "", "text": "\"Taxation is only theft if you believe that you are the undisputed \"\"owner\"\" of the money the government collects as a tax.  I argue that the concept of ownership only has meaning in the context of what property rights your fellow man is willing to respect.  If, like me, you believe that taxes are a financial obligation that you must pay to participate in society, then the government has every right to collect those taxes from you.  I'm sure you can imagine a set of rules by which the money actually belongs to you, but if you're the only one who wants to play by those rules, those rules don't matter a hell of a lot.\""}
{"_id": "186313", "title": "", "text": "\"You can have a look at betabrokers. It's an simulated stock trading platform which is entirely email-based. You start with 10 000$ and you make transactions with commands in the subject line of the email (e.g. \"\"buy 250$ AAPL\"\" or \"\"cover 20 shares of AAPL\"\"). It should be straightforward to add an email interface to your python script.\""}
{"_id": "186319", "title": "", "text": "Nothing at [their investor relations site](http://investor.physiciansformula.com/), nothing in [Yahoo! Finance](http://finance.yahoo.com/q?s=face&amp;ql=1), nothing in [Google Finance](http://www.google.com/finance?q=face), nothing listed by my broker, no new or changed analyst coverage, and only [one regular news item](http://www.marketwatch.com/story/hba-global-announces-finalists-for-the-beauty-industrys-2012-international-package-design-awards-ipda-2012-05-15) about being a finalist in a packaging design competition... not exactly material. Any other places I should be looking?"}
{"_id": "186332", "title": "", "text": "Exactly. And I'm diversified in other ways. I have a money collection that includes lots of silver and some gold, a rental property. In terms of actual cash accounts it's closer to 750K.   Protip: I always keep actual cash dollars in a safe in the house as well. I learned that trick from my neighbor who said she needed it twice in her life. Even a safe deposit box isn't good enough as the government can get in there, too. She and her husband owned a gas station and  unbeknownst to them the Sunoco gas trucks were leaking when filling their tanks so they had a big ecological problem. The government took every bit of liquid assets they had... that they could find. Then when he died a few years ago something similar thing happened and she needed to dip into it."}
{"_id": "186353", "title": "", "text": "\"I think one major point you're missing here is the decreased interest rates following the 9/11 attacks.  After rates were dropped in late 2001 many less fortunate people could \"\"afford\"\" mortgages on large houses, especially when using variable rate mortgages. This was the root cause of the bubble that was not taken into account by the bank's and rating agencies models.\""}
{"_id": "186354", "title": "", "text": "It's a dilution of the ownership; the public used to own x% of Facebook and now they own less than x% of the bigger Facebook that incorporates Whatsapp (assuming that Whatsapp was completely private before). Logically, the $15 billion is allocated proportionately between the existing stockholders (x% of it for the general public, y% for Mark Zuckerberg, etc).  However it doesn't really make sense to think of it that way unless Whatsapp is actually worthless. What's important are the proportions. Suppose that the newly issued shares correspond to 25% of the previous share capital. Then previously the general public owned x% out of 100%, and now they own x% out of 125%, i.e. (0.8x)% of the new share capital. Whether the actual value of those stocks has changed depends entirely on the actual value that Whatsapp adds to the old Facebook. As Dheer says, only time will tell on that one. Apart from the financial consequences, dilution is sometimes considered important because it can mean a change in influence: a significant shareholder would often be able to encourage the company to act in a certain way. With a lower percentage ownership, that influence is diminished."}
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{"_id": "186356", "title": "", "text": "I'd say the point 5 touched on a subject that was quite relevant.      Large corporations used to kick off massive ERP implementations every 5 or so years.   Huge beasts like SAP, EBS, Seibel, etc... required a massive team of resources to implement.   The consulting organisation needed to provide everything from executive managers and PMO offices to infrastructure engineers. Small consulting firms simply could not play in that market.   Those massive on premise systems are dead.   Companies are only buying SaaS and PaaS solutions with open APIs that can be implemented in much smaller bites and in a modular rollout.   Niche firms are very well suited to this changing systems market.      I wouldn't say the big firms are dead but I would expect their revenues and market share to fall."}
{"_id": "186357", "title": "", "text": "Our senior apartments are considered the largest and most spacious in Utah. Our community environment is rich in daily activities, with all day restaurant-style dining, graciously appointed interiors and apartment styles. Our senior housing and Assisted Living environment provides full-service senior living with resort-style amenities in the heart of Utah. Enjoy life and learn to live with the freedom of Independent Living: http://summerfieldinfo.com/"}
{"_id": "186373", "title": "", "text": "Strange that internet businesses in the European Union still survive even though unconditional refunds are enforced by law over here.  Maybe they missed the memo that said they're crushed?  If you don't want to offer refunds, don't sell products."}
{"_id": "186382", "title": "", "text": "\"Ideally government is of the people by the people. Unfortunately the people we are electing these days just use their position to collect kickbacks for doing a shit job so companies like nestle (not just them) can just fucking print money for little benefit to the people the government is supposed to represent. You americans need to get your house in order. You got a pack of crooks running the show and you are all just trapped by fear of \"\"THE ENEMY\"\" that those crooks have manufactured. Vive la revolution! That said it doesn't have to be a voilent one, you have mid terms coming up.\""}
{"_id": "186389", "title": "", "text": "While there certainly are many specific predictions that have proven completely wrong, the fundamental complaint is that the structure of our economy is unsustainable, with the prediction that this will eventually be revealed in a terrible way.  Simply pointing out that the day of reckoning has been staved off for the immediate future does nothing to address or rebut the actual complaint.  For example, we've been some 40 years now without a catastrophe attributable to global warming; should that be taken as indicative that the fundamental logic that predicts an eventual catastrophe is a load of bunk?  Should the reasonable advance prediction requirement be harder for economics than for a hard science?"}
{"_id": "186392", "title": "", "text": "This is too lengthy for a comment. The following quoted passages are excerpted from this Money SE post. Before electronic trading and HFTs specifically, trading was thin and   onerous. No. The NYSE and AMEX were deep, liquid and transparent for nearly 75 years prior to high frequency trading (HFT), in 2000 or so. The same is true for NASDAQ, but not for as many years, as NASDAQ is newer, being an electronic market. The point is that it existed, and thrived, prior to HFT. The NASDAQ can be active and functional, WITH or WITHOUT high frequency trading.  This is not historically true, nor is it true now:  Without a bid or ask at any given time, there could be no trade... Market makers, also known as specialists, were responsible for hitting the bid and taking the offer on whatever security they covered. They had a responsibility assigned to them by the exchange. Yes, it was lucrative! There was risk, and they were rewarded for bearing it. There is a trade-off though. Specialists provided greater stability on a systemic level, although other market participants paid for that cost. Prior to HFT, traders who were not market makers were often bounded by, boxed in, by the toll paid to market makers. Market makers had different, much higher capital and solvency requirements than other traders. Most specialists/market makers had seats, or shared a seat on the NYSE or AMEX. Remember that market makers/specialists are specific to stock markets, whereas HFT is not. If this is true, then we are in trouble: HFTs have supplanted the traditional market maker Why? Because trading volume is LOWER now than it was in the 1990's! EDIT In the comments, I noticed that OP was asking about the difference between  I suggest reading this very accurate, well-written answer to a related question, The spread goes to the market maker, is the market maker the exchange? That explains the difference between"}
{"_id": "186416", "title": "", "text": "...okay, dude, at *least* read up on Title VII... I mean, I know this will *also* get downvoted, but there are some pretty big exemptions in it.  &gt; (j) The term \u201creligion\u201d includes all aspects of religious observance and practice, as well as belief, unless an employer demonstrates that he is unable to reasonably accommodate to an employee\u2019s or prospective employee\u2019s religious observance or practice without undue hardship on the conduct of the employer\u2019s business.  Downvote the sheer facts of law. I know you want to. But considering this business is made up predominantly of Christians and they're using the business as ministry, it would be more or less impossible to accommodate a non-religious person into the mix, unless they were absolutely separate from everything the company did (like the building caretaker example)."}
{"_id": "186419", "title": "", "text": "\"You did not answer, but I know your type: you will \"\"answer\"\", always(!!!), always(!!!) because you can't admit you were wrong and you have no idea why you \"\"disagree\"\".  &gt; Just answer the questions and I hope your identity is not stolen due to Susan's mishandling of your credit information including social security.\""}
{"_id": "186421", "title": "", "text": "Nah that's legit.  I used to work the overnight at a hotel. Literally just me and a security guard on site after midnight. From 1am to 5am I just watched Netflix. But they needed me there just in case. Best job ever."}
{"_id": "186451", "title": "", "text": "There is a lot of depth that can go into this.  Depends on how far you want to take this.  Think u have the right idea...  people who go the extra step get promoted.  If prior reporting was very simple, u can build on it over time.   I suggest starting with some Known Performance Indicators / KPIs since mgmt can understand those easier than detailed analysis.   You can start with identifying metrics that matter.  Probably total assets, avg account bal, average customer bal, avg # of accounts per customer, new deposits/withdrawal both gross and avg per account/customer, new/closed accounts.   Once metrics are picked gather monthly (or whatever time period) and monitor/review month over month/year over year.    PM if u want to discuss more.  I have experience in data analytics."}
{"_id": "186453", "title": "", "text": "A few reasons.  First, it's hard to buy a stock that has never gone up, and isn't necessarily wise to do so.  Even if you just wait for a stock go down, what if you wait and it goes up two dollars, then drops 10 cents?  Has it gone up or down?  When should you buy it? In general, your idea is correct, the higher the price the less you should want the stock.  But in some sense, the past price is irrelevant, you can't buy it at the past price.  You should buy it now if it's the best option now.  And that is based on your assessment of whether it's future prospects are worth the current price (and in fact enough worth enough to make buying the stock the best economic decision you can currently make). Finally, the price may have gone up for a reason.  The company may have done something, or some information about the company may have become known, that affects it's future prospects.  That might make it a better deal, perhaps even better than it was before the price increase."}
{"_id": "186456", "title": "", "text": "Then why didn't you counter that?  RP's budget is contingent upon gutting cabinet level departments and defunding a laundry list of government agencies, including some very effective ones.  Criticizing my tone is just a shoddy dodge that's *every bit as arrogant* as what you read as my condescension.   So:  1) Which 20% of diseases should the CDC stop researching?   2) How, exactly, are we going to keep planes in the sky, certify and inspect aircraft, manage routes and air traffic control, without the FAA?  Even if we pretend that the FAA doesn't address a clear market failure, how will the problem be solved privately without passing undue expense onto consumers?    3)  Without the FCC, what's to prevent me from building and dialing up a transmitter to bubble out any station I don't like?  What's to stop anyone from just jamming anyone else?  Do you think the police are suddenly going to take on the burden of enforcement?    Please, take a good look at RP's budget.  Again, while I agree with many of RP's criticisms of many policies, I don't agree with his solutions.  There's too many unanswered questions, and the many things he's pushing to be eliminated are either impractical, or politically/economically untenable."}
{"_id": "186459", "title": "", "text": "In the US, pension benefits promised by employers are tightly regulated by a law called ERISA. One of the requirements is that money be deposited in a trust that is out of the reach of the employer and the employer's creditors, so even if the employer falls on hard times or goes bankrupt, the money to pay the pensions is still there. In addition, the benefits are guaranteed by the federal government through the Pension Benefit Guaranty Corporation (usually called the PBGC). Relative to most investments, pensions are a safe bet."}
{"_id": "186487", "title": "", "text": "Sorry, but I think you really do need an attorney here. This is the kind of minefield where knowing all the precedents and edge cases can make a huge difference in what you can or can't do, and a misplaced comma can make or break your case. Note that AT BEST you could sell your own interest in the house -- owning the note does not mean owning the property, it only means that they issued the note on the strength of your share of the property. And a half-interest in a single family house has little value outside the family, except to sell it to whoever owns the other half. Which is probably the best answer: Sell your half to your Aunt, if she can afford to buy it. She then gets sole control of the house, and you get the money you seem to need right now, and everyone in the family is much less stressed."}
{"_id": "186495", "title": "", "text": "During the 12 plus hours the market was closed news can change investors opinion of the stock. When the market reopens that first trade could be much different than the last trade the day before."}
{"_id": "186504", "title": "", "text": "Not having a job does not automatically disqualify you.  If you had capital or savings or easily liquidatable assets and previous good credit history then you would qualify. This is a catch 22 for most people that are ever applying for unsecured lines of credit, and an oximoron when seeking UNSECURED credit, but this is how it is regardless. Hope that helps!"}
{"_id": "186521", "title": "", "text": "A lot of their software engineers and quant researchers come from JP and other IB's'   Bridgewater is very much in the quant game, their head of trading was a quant and have a huge array of quants working for them...  GS has the huge stand alone systematic group run by Tom Barrett they are very much competing with Google, Two Sigma, D.E Shaw for talent in software engineering, HPC engineers and quant's."}
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{"_id": "186538", "title": "", "text": "\"How often should one use dollar-cost averaging? Trivially, a dollar cost averaging (DCA) strategy must be  used at least twice! More seriously, DCA is a discipline that people (typically investors with relatively small amounts of money to invest each month or each quarter)  use to avoid succumbing to the temptation to \"\"time the market\"\".  As mhoran_psprep points out, it is well-suited to 401k plans and the like (e.g. 403b plans for educational and non-profit institutions, 457 plans for State employees, etc), and indeed is actually  the default option in such plans, since a fixed amount of money gets invested each week, or every  two weeks, or every month depending on the payroll schedule. Many plans offer just a few mutual funds in which to invest, though far too many people, having little knowledge or understanding of  investments, simply opt for the money-market fund or guaranteed annuity fund in their 4xx plans.  In any case, all your money goes to work immediately since all mutual funds let you invest in thousandths of a share. Some 401k/403b/457 plans allow investments in stocks through a brokerage, but I think that using DCA to  buy individual stocks in a retirement plan is not a good  idea at all. The reasons for this are that not only must shares must be bought in whole numbers (integers) but it is generally cheaper to buy stocks in round lots  of 100 (or multiples of 100) shares rather than in odd lots of, say, 37 shares. So buying stocks weekly, or biweekly or monthly in a 401k plan means paying more or having the money sit idle until enough is accumulated to buy 100 shares of a stock at which point the brokerage executes the order to buy the stock; and this is really not DCA at all.  Worse yet, if you let the money accumulate but you are the one calling the shots \"\"Buy 100 shares of APPL today\"\" instead of letting the brokerage execute the order when there is enough money, you are likely to  be timing the market instead of doing DCA. So, are brokerages useless in retirement fund accounts?  No, they can be useful but they are not suitable for DCA strategies involving buying stocks. Stick to mutual funds for DCA. Do people use it across the board on all stock investments? As indicated above, using DCA to buy individual stocks is not the best idea, regardless of whether it is done inside a retirement plan or outside. DCA outside a retirement plan works best if you not trust yourself to stick with the strategy (\"\"Ooops, I forgot to mail the check yesterday; oh, well, I will do it next week\"\") but rather, arrange for your mutual fund company to take the money out of your checking account each week/month/quarter etc, and invest it in whatever fund(s) you have chosen. Most companies have such programs under names such as Automatic Investment Program (AIP) etc. Why not have your bank send the money to the mutual fund company instead? Well, that works too, but my bank charges me for sending the money whereas my mutual fund company does AIP for free. But YMMV. Dollar-cost averaging generally means investing  a fixed amount of money on a periodic basis. An alternative strategy, if one has decided that owning 1200 shares of FlyByKnight Co is a good investment to have, is to buy round lots of 100 shares of FBKCO each month. The amount of money invested each month varies, but at the end of the year, the average cost of the 1200 shares is the average of the prices on the 12 days on which the investments were made. Of course, by the end of the year, you might not think FBKCO is worth holding any more. This technique worked best in the  \"\"good old days\"\" when blue-chip stocks  paid what was for all practical purposes a guaranteed dividend each year, and people bought these stocks with the intention of passing them on to their widows and children.\""}
{"_id": "186555", "title": "", "text": "I drive 20 miles highway with almost no human intervention, you can take your eyes off the road too. But it is highly not recommended for safety reasons. If you google tesla autopilot there are many videos online to show what I'm talking about."}
{"_id": "186559", "title": "", "text": "Batteries that are stored for long periods of time will most likely lose their charge, a natural process that occurs over extended periods of time. Simply charge any batteries that have not been used for extended periods of time. This will avoid sudden power shut downs, resulting from weak batteries. This also applies to batteries left in laptops that are plugged in for long periods of time."}
{"_id": "186567", "title": "", "text": "No I have it quite clear... I am an employer of a small business... What people that support unions don't understand is the secondary collateral damage that Union support can cause on us...  He States it pretty regularly in the article... The unions apparently did it in the past as a trap of sorts...  Think about it, if universal healthcare system were to be implemented, that would be a huge benefit package that everyone would get, not just union members...  If my employees were offered the same Healthcare as a union member, union membership would lose that appeal an advantage over small business..."}
{"_id": "186575", "title": "", "text": "You're missing the concept of systemic risk, which is the risk of the entire market or an entire asset class. Diversification is about achieving a balance between risk and return that's appropriate for you. Your investment in Vanguard's fund, although diversified between many public companies, is still restricted to one asset class in one country. Yes, you lower your risk by investing in all of these companies, but you don't erase it entirely.  Clearly, there is still risk, despite your diversification. You may decide that you want other investments or a different asset allocation that reduce the overall risk of your portfolio. Over the long run, you may earn a high level of return, but never forget that there is still risk involved. bonds seem pretty worthless, at least until I retire According to your profile, you're about my age. Our cohort will probably begin retiring sometime around 2050 or later, and no one knows what the bond market will look like over the next 40 years. We may have forecasts for the next few years, but not for almost four decades. Writing off an entire asset class for almost four decades doesn't seem like a good idea. Also, bonds are like equity, and all other asset classes, in that there are different levels of risk within the asset class too. When calculating the overall risk/return profile of my portfolio, I certainly don't consider Treasuries as the same risk level as corporate bonds or high-yield (or junk) bonds from abroad.  Depending on your risk preferences, you may find that an asset allocation that includes US and/or international bonds/fixed-income, international equities, real-estate, and cash (to make rebalancing your asset allocation easier) reduces your risk to levels you're willing to tolerate, while still allowing you to achieve returns during periods where one asset class, e.g. equities, is losing value or performing below your expectations."}
{"_id": "186578", "title": "", "text": "You can't. Even as a technical trader you should know what events are coming up and be prepared. You can't prepare for everything but you should know when the earnings dates are. You should also pay attention to the market in general. Stocks also have personalities and you should get to know that personality.  Most important thing in trading is deciding when to get out before buying and stick to it when it goes against you. It is also one of the hardest things to do."}
{"_id": "186585", "title": "", "text": "Without a full time job you are in an emergency. Hopefully it won't last long, but my opinion is to give the emergency fund priority while you just might need it soon."}
{"_id": "186602", "title": "", "text": "Via www.socialsecurity.gov:  As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted.   These estimates reflect the intermediate assumptions of the Social Security Board of Trustees in their 2009 Annual Trustees Report. The Congressional Budget Office (CBO) has been making similar estimates for several years that tend to be somewhat more optimistic than the trustees' estimates principally because CBO assumes faster growth in labor productivity and real earnings levels for the future.   Doesn't seem too optimistic from the program itself. Also, it is true that recessions end, but in our current state of being trillions of dollars in debt, does it look like things are on the upswing?"}
{"_id": "186606", "title": "", "text": "Nationwide Flex Account lets you receive money internationally for free, but you have to pay to send it. It meets all your other criteria."}
{"_id": "186616", "title": "", "text": "\"If I buy a chicken/soy combination, and use it to make meatballs, then I can't claim \"\"made with 100% chicken.\"\" That's a real thing, that happens.  The package includes all the relevant information to inform the consumer of the contents. It isn't that hard to look at an ingredient listing.\""}
{"_id": "186621", "title": "", "text": "\"I wouldn't trust \"\"about.com\"\"; they're based on grabbing content from other places and are entirely unreliable. You can use the money transfer on PayPal, or transfer through a bank. I wouldn't give my bank account details to complete strangers, though. But that's me, with my distrust of the human kind.\""}
{"_id": "186623", "title": "", "text": "\"I am doing an assignment for a finance class, and I am writing a recommendation for a specific capital structure. One of the concerns brought up by the \"\"board of directors\"\" was interest coverage, so in my addressing that topic in my report, I want to compare to competitors. The interest coverage ratio under this capital structure that I'm choosing is 11.8 and the two competitors we are given information on are Company A (who has an interest coverage ratio of 6.67) and Company B (who has an interest coverage ratio of 11.25). It seems good, but my concern is that I may be missing something, as Company A is similar in size (in terms of sales) to the company I am writing a report for while Company B has ~50 times more sales than the company I am writing a report for.   Advice, things to consider as I move forward?\""}
{"_id": "186624", "title": "", "text": "Many people don't understand the effects deceptive results. I understood what you indicated. It can be more efficient to provide individuals little viewpoint with truths here. I recognize this issue but with little idea, so we should deal with the subject together."}
{"_id": "186631", "title": "", "text": "Assuming you plan to buy a whole number of shares and have a maximum dollar value you intend to invest, it may be better to wait for the split if the figures don't quite work out nicely. For example, if you are going to invest $1,000 and the stock pre-split is $400 and the split is 2 for 1, then you'd buy 2 shares before the split unless you have an extra $200 to add. Meanwhile, after the split you could buy 5 shares at $200 so that you invest all that you intend. Aside from that case, it doesn't really make a difference since the split is similar to getting 2 nickels for a dime which in each case is still a total value of 10 cents."}
{"_id": "186643", "title": "", "text": "In most cases , preferential sharesholders are paid dividends first before common shareholders are paid . In the event of a company bankruptcy , preferential shareholders have the right to be paid first before common shareholders. In exchange for these benefits , preferential shareholders do not have any voting rights. The issuing of preferential shares has no impact on share prices or issuing of bonuses , it is a mere coincidence that the stock price went up"}
{"_id": "186668", "title": "", "text": "Agreed, if it is only for interviews buying an expensive suit is not wise. I personally am looking to only wear suits from now on (not just yet since I only have two lol) but eventually. That's why I don't mind dropping that kind of dough.  But who knows? Maybe in a few years I'll look back and think it was the stupidest thing I did haha"}
{"_id": "186669", "title": "", "text": "&gt; only one involved a hack that got access to SS#'s and what have you.  Jesus.   No, no security is perfect.  But the webtech company is going to stay further ahead than the government.   &gt; No, but I see zero reasons to be concern about plate readers.  That's funny, since the tech that amazon has is exactly that, and what you've been bitching about.    &gt;They collected my license plate info via a reader at the stall and already tied it to my account.   &gt;That's bit unsettling. More from a privacy standpoint.     Interesting.    &gt; Your spewing nothing but FUD here.  You're*.  And the irony here is hilarious."}
{"_id": "186671", "title": "", "text": "This depends on the practise and applications available with the Beneficiary Bank. For a corporate customer, the details are show. For Retail customers they are generally not shown."}
{"_id": "186672", "title": "", "text": "\"The definition you cite is correct, but obscure. I prefer a forward looking definition. Consider the real investment. You make an original investment at some point in time. You make a series of further deposits and withdrawals at specified times.  At some point after the last deposit/withdrawal, (the \"\"end\"\") the cash value of the investment is determined. Now, find a bank account that pays interest compounded daily. Possibly it should allow overdrafts where it charges the same interest rate. Make deposits and withdrawals to/from this account that match the investment payments in amount and date.  At the \"\"end\"\" the value in this bank account is the same as the investment. The bank interest rate that makes this happen is the IRR for the investment...\""}
{"_id": "186677", "title": "", "text": "\"&gt; I knew exactly what I wanted to do going into college. Now, I also did not end up doing what my first major was, but that was because an opportunity in finance presented itself surreptitiously.  Phrased alternatively, \"\"I knew *exactly* what I wanted to do, and I was *exactly* wrong about it.  Essentially, a post in support of the /u/wolfmans-brother.\""}
{"_id": "186693", "title": "", "text": "I recall at the time that people on investment boards were circulating lists of companies audited by AA, as a - quite reliable - indication that they were fraudulent.   I have had a lot of dealings with their offshoot AA Consulting, now known as Accenture. These dealings have not, to put it mildly, given me any reason to think that AA's culture was very ethical. And if you cannot trust an auditor, they are worthless."}
{"_id": "186705", "title": "", "text": "I believe Amazon is being forced to collect sales tax in several states now or soon. Newegg probably will be as well. The gravy train of no tax on the internet is going away, probably entirely within a few years. :/"}
{"_id": "186718", "title": "", "text": "If a business owner works for no salary, put time and effort into the   business, can those hours be considered a capital investment? No."}
{"_id": "186730", "title": "", "text": "\"As noted in richardb's comment buried in the comments/debate on the other answer (and all credit for this answer should be due to him): a significant issue with the scheme as originally envisaged in the question (up to \u00a311K pa) is that there is actually a cap on the maintenance part for over 60s: On page 28 of this \"\"Student finance - how you're assessed and paid\"\" document it says: If you're 60 or over on the first day of the first academic year of   your course you can apply for a Maintenance Loan of up to \u00a33,566,   depending on your household income. Your loan will be reduced by \u00a31   for every \u00a35.46 of household income over \u00a325,000, up to \u00a343,675. If   your household income is more than this you won't get any Maintenance   Loan. I'd consider that to make this route considerably less attractive... and maybe that's the intention of the rule!  (Although I might not think that was so true if I was actually on the UK's state pension of \u00a36K a year and desperate.  However, I was originally thinking more in terms of comparing the accumulated \"\"free money\"\" over the three years with the UK's average - and woefully inadequate - pension pot of \u00a350K, rather than with pensioner income). I'll leave those who found the idea of exploiting government incentives so outrageous to ponder the at least as troubling ethics of discriminating against people based on their age, especially when that government apparently likes the idea of older people retraining. (Just to complicate things: I note that one of the possible criteria for applying for a \"\"special support grant\"\" - an alternative to a maintenance loan - is being over 60.  That's a grant not a loan and doesn't have to be repaid, but abusing that would seem even to me to be on a par with faking disability to get benefits or similar).\""}
{"_id": "186735", "title": "", "text": "\"I would answer your question very simply: marketing works. \"\"If you don't have a new F-150, you are not a real man.\"\"  for men, and \"\"If you don't have a new Honda Pilot your kids are in danger.\"\" for woman.  One observation that reinforces this are the amount of new(er) Buicks on the road.  Five years ago, they were pretty rare, now there are many.  Their marketing strategy of \"\"We don't suck so much anymore\"\", seems to have worked.  I don't get it. Last year, Consumer Reports reported that 84.5% of new cars are financed with an average payment of $457 over 65 months.   I like your analysis, but lets say instead of following this path, Brad and Jenn, put $250 a month away in a cookie jar (to cover repairs and car replacement), and $664 (457*2-250) in a mutual fund.  After doing this for 30 years, they will have 1.5 million.  Driving a new car is precluding many from being wealthy. It is hard to jump aboard the \"\"income inequality\"\" bandwagon when you see with brand new iphones and cars.\""}
{"_id": "186737", "title": "", "text": "I don't really care which ship of Theseus I am so long as one of me gets to escape the perils of biology. Any priests hounding me at my deathbed will be laughed off because some part of me is already on its way to living forever."}
{"_id": "186804", "title": "", "text": "\"I encourage you to think of this home purchase decision as a chance to buy into a community that you want your children to grow up in.  Try to find a place where you will be happy for the next 20 years, not just the next 2 or 7 years. In your situation, option 1 seems like a bad idea.  It will create an obstacle to having children, instead of establishing a place for them to grow up in. Option 2 is close to \"\"buying a house on a layaway plan\"\".  It offers the most financial flexibility.  It also could result in the best long-term outcome, because you will buy in an established area, and you will know exactly what quality house you will have.  But you and your fianc\u00e9 need to ask yourselves some hard questions:  Are you willing to put up with the mess and hassles of remodelling?  Are you good at designing such projects?  Can you afford to pay for the projects as they occur?  Or if you need to finance them, can you get a HELOC to cover them? Especially if you and your fianc\u00e9 do much of the work yourselves, break down the projects into small enough pieces that you can quickly finish off whatever you are working on at the time, and be happy living in the resulting space.  You do not want to be nagging your husband about an unfinished project \"\"forever\"\" -- or silently resenting that a project never got wrapped up.  I posted some suggestions for incrementally finishing a basement on the Home Improvement Stack Exchange. If you are up to the job of option 2, it is less risky than option 3.  Option 3 has several risks: You don't know what sort of people will live in the neighborhood 5 - 20 years from now.  Will the homes be owner-occupied?  Or rentals?  Will your neighbors care about raising children well?  Or will lots of kids grow up in broken homes?   Will the schools be good?  Disappointing?  Or dangerous?  Whereas in an established neighborhood, you can see what the neighborhood is currently like, and how it has been changing. Unless you custom-build (or remodel), you don't control the quality of the construction.  Some neighborhoods built by Pulte in the last 10 years were riddled with construction defects. You will be paying up-front for features you don't need yet.  You might never need some of them.  And some of them might interfere with what you realize later on might be better. In stable markets, new homes (especially ones with lots of \"\"upgrades\"\") often decline in value during the first few years.  This is because part of the value is in the \"\"newness\"\" and being \"\"up-to-date\"\" with the latest fads.  This part of the value wears off over time. Are the homes \"\"at the edge of town\"\" already within reasonable walking distance of parks, schools, church, grocery stores, et cetera?  Might the commute from the \"\"edge of town\"\" to work get worse over the next 5 - 20 years?\""}
{"_id": "186805", "title": "", "text": "&gt;Conclusion   &gt;Covert operations organized and abetted by foreign governments have played a substantial role in the political and economic development of poorer countries around the world. We look at CIA-backed coups against governments which had nationalized a considerable amount of foreign investment. Using an event-study methodology, we find that private information regarding coup authorizations and planning increased the stock prices of expropriated multinationals that stood to benefit from the regime change. ***The presence of these abnormal returns suggests that there were leaks of classified information to asset traders.*** Consistent with theories of asset price determination under private information, this information often took some time to be fully reflected in the stock price. We find that coup authorizations, on net, contributed substantially more to stock price rises of highly exposed companies than the coup events themselves.   &gt;This suggests that most of the value of the coup to the affected companies had already been anticipated and incorporated into the asset price before the operation was undertaken."}
{"_id": "186840", "title": "", "text": "Read about [Pigovian Taxes](http://en.wikipedia.org/wiki/Pigovian_tax).    &gt; A Pigovian tax is a tax levied on a market activity that generates negative externalities. In economics, an externality is a cost or benefit, not transmitted through prices, incurred by a party who did not agree to the action causing the cost or benefit  For example someone polluting incurs costs on you to your health and quality of life."}
{"_id": "186846", "title": "", "text": "\"This answer is an attempt to answer the actual question posed. Please keep in mind that this applies specifically to the Equifax credit model that Mint uses as mentioned in the accepted answer, and that different models may react in different ways (or not at all). As mentioned in the comments, the number of total accounts you have does not have much bearing on your overall credit score. If you click on Mint's \"\"About Total Accounts\"\" link, you get the following statement: Total Accounts has a low impact on your score. Second, the way the Total Accounts score is represented is misleading. This is not a count of the total number of accounts you have open, but rather how many accounts you have in your total history. Mint's header under this metric is flat out wrong: Try to have a good mix of credit lines open. To back up the assertion that this is looking at total accounts in your credit history rather than just those that are open, my Mint report shows 2 open accounts and 7 closed accounts, for a total of 9. Under the Total Accounts metric, I am plotted smack dab in the middle of the \"\"Not Bad\"\" range, right where people with 9 would be plotted. So the proper advice here is to just let it be and only open new accounts as you need them. As you amass credit history, this metric will continue to grow naturally - it should never decrease. You may ask, then, why did your overall score decrease when you paid off your student loans? Most likely because your average age of credit dropped when you closed your loan account. If you're like most people I know, your student loan is one of your oldest accounts, so closing that account will hurt your score - credit age is measured only on your open accounts.\""}
{"_id": "186847", "title": "", "text": "According to Wikipedia a flange is an external ridge or rim for attachment to another object, as the flange on the end of a pipe, steam cylinder, etc. Blind Flanges are those flanges which are used to stop the flow of fluid through a pipe temporarily or permanently."}
{"_id": "186848", "title": "", "text": "\"If you're skipping and blocking the ads then you're not paying for shit. You are not helping that \"\"model.\"\"  Fortunately you're in good company, and the few changes necessary *will* happen in response to how insufferable and ineffective ad-funding is. The whole business will simply fade away.\""}
{"_id": "186849", "title": "", "text": "Stock prices are set by the market - supply and demand. See Apple for example, which is exactly the company you described: tons of earnings, zero dividends. The stock price goes up and down depending on what happens with the company and how investors feel about it, and it can happen that the total value of the outstanding stock shares will be less than the value of the underlying assets of the company (including the cash resulted from the retained earnings). It can happen, also, that if the investors feel that the stock is not going to appreciate significantly, they will vote to distribute dividends. Its not the company's decision, its the board's. The board is appointed by the shareholders, which is exactly why the voting rights are important."}
{"_id": "186859", "title": "", "text": "I learned this as CAR - Context, Action and Result. One less letter made it easier for me to remember. I like that balance, though. And remember, the interviewer probably didn't work where you did, so no acronyms or project names without explanation."}
{"_id": "186869", "title": "", "text": "A lot may depend on the nature of a buyout, sometimes it's is for stock and cash, sometimes just stock, or in the case of this google deal, all cash.   Since that deal was used, we'll discuss what happens in a cash buyout. If the stock price goes high enough before the buyout date to put you in the money, pull the trigger before the settlement date (in some cases, it might be pulled for you, see below).  Otherwise, once the buyout occurs you will either be done or may receive adjusted options in the stock of the company that did the buyout (not applicable in a cash buyout). Typically the price will approach but not exceed the buyout price as the time gets close to the buyout date. If the buyout price is above your option strike price, then you have some hope of being in the money at some point before the buyout; just be sure to exercise in time. You need to check the fine print on the option contract itself to see if it had some provision that determines what happens in the event of a buyout.  That will tell you what happens with your particular options.   For example Joe Taxpayer just amended his answer to include the standard language from CBOE on it's options, which if I read it right means if you have options via them you need to check with your broker to see what if any special exercise settlement procedures are being imposed by CBOE in this case."}
{"_id": "186889", "title": "", "text": "Fiverr and Mechanical Turk comes to my mind. You won't break the bank, but will give you a nice distraction and earn you some cash for your time.  And you can do this at your own schedule."}
{"_id": "186902", "title": "", "text": "I hope your company spends a little more on your web site than NantWorks or Five3Genomics. From the looks of their late-90's-style website I would never guess that NantWorks was worth more than $10 million, and the Five3Genomics site looks like any number of open source software development sites from the last decade."}
{"_id": "186928", "title": "", "text": "The relationship is not linear, and depends on a lot of factors. The term you're looking for is efficient frontier, the optimal rate of return for a given level of risk. The goal is to be on the efficient frontier, meaning that for the given level of risk, you're receiving the greatest possible rate of return (reward). http://www.investopedia.com/terms/e/efficientfrontier.asp"}
{"_id": "186936", "title": "", "text": "\"&gt;Exactly. People don't seem to realize that a lot of the things they take for granted as being provided by the government were more than adequately provided by private charities until the government stepped in and 'fixed' things.  Or that -- absent things like a 15.3% FICA tax (and all of the other taxes that have been added or increased substantially during the past couple of decades) -- which people could simply afford to save up and pay for themselves (or help friends, family, etc).  Currently private charity is significantly restrained because there is so much taken away (from the lower &amp; middle class wages) via taxes -- so quite literally, they already \"\"gave at the office\"\".  &gt;This is why the founding fathers hated democracy  Yes, they were well aware of (and VERY wary of) the possibility of the \"\"tyranny of the majority\"\" and the inefficiency/corruption that would tend to happen via governments.\""}
{"_id": "186960", "title": "", "text": "\"I always found that move by Google to be both brilliant, and almost comically simple.   **Apple**: \"\"Hey Google, we're going to sue you for infringing on our touch screen phone patents!\"\"  **Google**: \"\"Oh, hey Apple, so funny story. We now own the patents for *the entire technical cellular network foundation that all cellphones are built on.*\"\"  **Apple**: \"\"...right, we'll drop our lawsuit over the touch screen idea.\"\"  **Google**: \"\"Yeah that's what I thought.\"\"\""}
{"_id": "186980", "title": "", "text": "&gt;Consider the following scenario. After a victory by the left-wing Syriza party, Greece\u2019s new government announces that it wants to renegotiate the terms of its agreement with the International Monetary Fund and the European Union.   The election is on June 17th, but I don't see Syriza winning."}
{"_id": "187002", "title": "", "text": "$6 per gallon, up to 20 gallons.  So if gas was $2/gallon, that would be 3 20-gallon fill-ups, or 60 gallons.  I guess if today's cost is $2.32, that would be 2 free 20-gallon fill-ups, and the last 20 gallons for $1.36/gallon, or $27.  Much cheaper than the $140 it would be without the discounts :)"}
{"_id": "187005", "title": "", "text": "Assuming you mean that seriously, millimeter wave machines don't expose you to radiation, and backscatter x-ray machines expose you to as much radiation as you experience in about 9 minutes of daily life at sea level (and far less than you get exposed to in flight due to altitude).  Also, use of scanners isn't limited to the TSA or the USA."}
{"_id": "187010", "title": "", "text": "\"If I understand correctly, your question boils down to this: \"\"I have $X to invest over 25 years, are guaranteed returns at a 0.6% lower rate better than what I expect to get from the stock market over the same period?\"\" Well, I believe the standard advice would go something like: Rational investors pay a premium to reduce risk/volatility. Or, put another way, guaranteed returns are more valuable than risky returns, all things equal. I don't know enough about student loans in America (I'm Australian). Here a student loan is very low interest and the minimum repayments scale with what you earn not what you owe, starting at $0 for a totally liveable wage - Here I'd say there's a case to just pay the minimum and invest extra money elsewhere. If yours is a private loan though, following the same rules as other loans, remember the organisation extending your loan has access to the stock market too! why would they extend a loan to you on worse terms than they would get by simply dumping money into an index fund? Is the organisation that extends student loans a charity or subsidised in some way? If not, someone has already built a business on the the analysis that returns at 6.4% (including defaults) beats the stock market at 7% in some way. What I would put back to you though, is that your question oversimplifies what is likely your more complex reality, and so answering your question directly doesn't help that much to make a persuasive case - It's too mathematical and sterile. Here are some things off the top of my head that your real personal circumstances might convince you to pay off your loan first, hit up Wall Street second:\""}
{"_id": "187028", "title": "", "text": "\"No, this really doesn't happen. When states buy power from that great a distance, they really are only buying renewable \"\"credits\"\". The electricity is not actually directed through 16,000+ miles (NY &lt;-&gt; CO) of cables. That would be incredibly inefficient.  When a state needs power, not merely credits, they buy from one of their neighbors.\""}
{"_id": "187038", "title": "", "text": "Costco is great, and more companies should be great.  Everybody is about squeezing every last bit of profit in the short term.  Part of the problem is that executives aren't judged on the success and health of their companies, but the short term profits they can generate.  When the company has been sucked dry and dies, they just move on to the next opportunity to gut and destroy value.    The last few decades of HP is a great example, and now that Mayer is finished stomping out Yahoo's last breath, rumor is she might get the opportunity to do it at Uber.    Costco pays its employees a living wage, doesn't fuck the consumer, and doesn't allow the company to be sucked dry by executives' payouts."}
{"_id": "187039", "title": "", "text": "\"The person who told you \"\"no-load funds\"\" had the right idea.  Since you are risk-averse, you tend to want a \"\"value\"\" fund; that is, it's not likely to grow in value (that would be a \"\"growth\"\" fund), but it isn't like to fall either. To pick an example more-or-less at random, Fidelity Blue Chip Value Fund \"\"usually\"\" returns around 8% a year, which in your case would have meant about $20,000 every year -- but it's lost 4.35% in the last year. I like Fidelity, as a brokerage as well as a fund-manager.  Their brokers are salaried, so they have no incentive to push load funds or other things that make them, but not you, money.  For intermediate investors like you and me, they seem like a good choice. Be careful of \"\"short term\"\".  Most funds have some small penalty if you sell within 90 days.  Carve off whatever amount you think you might need and keep that in your cash account. And a piece of personal advice: don't be too risk-averse.  You don't need this money.  For you, the cost of losing it completely is exactly equal as the benefit of doubling it.  You can afford to be aggressive. Think of it this way: the expected return of a no-load fund is around 5%-7%.  For a savings account, the return is within rounding error of zero.  Do you spend that much, $15,000, on anything in your life right now?  Any recreation or hobby or activity.  Maybe your rent or your tuition.  Why spend it for a vague sense of \"\"safety\"\", when you are in no danger of losing anything that you need?\""}
{"_id": "187049", "title": "", "text": "\"I think the 60 days/year come from the IRS tax residency determination, which isn't a Florida law but applies to all the states. Have a look at the \"\"substantial presence\"\" paragraph to see where the 60 days are coming from.\""}
{"_id": "187059", "title": "", "text": "I know this is beside the point, but part of the reason Europe can afford such a strong social safety net is because the USA provides substantial military support.  If the EU nations had to pay the full bill for their own defense, I wonder how that would effect those safety nets?"}
{"_id": "187061", "title": "", "text": "What makes the S&P 500 Index funds have low expenses ratios is that the amount of money spent by the mutual fund company on research is Zero. Standard and Poors does the research, the fund companies piggy back on that research.  Another big factor in keeping expenses low is the fact the companies that makeup the index don't change very often. If the fund frequently changes the makeup of the investments not only can that trigger tax considerations but there are costs associated with all those transactions. The question is: do the other algorithms overcome the additional costs due to higher expenses and taxes."}
{"_id": "187073", "title": "", "text": "In addition to finding another woman investor, you have an equitable option that is not unreasonable: ask your partner to buy out 3% worth of shares from you (which then gives her 54%, allowing you to then sell 5% to an investor and have it not dilute her below 51%: .54 * .95 = .513).   That keeps you whole but also keeps your woman-owned-business status."}
{"_id": "187080", "title": "", "text": "I think your casting most Best buy employees in a bad light. While that may be true for some of the larger stores(with equally as large employee turnover) it is most certainly not true for all stores. I work at a community store(smaller store) and I most certainly do have an interest in customers needs and wants and I enjoy helping people. Please don't cast blanket assumptions because its cool to hate best buy."}
{"_id": "187085", "title": "", "text": "During World War II, the United States (US) instituted wage and price controls.  To attract better employees, companies would offer benefits to get around salary limits.  Health insurance was one of the more successful benefits.   At that time, income taxes were newer and there were many ways to evade them.  Companies could generally deduct expenses.  So at that time, health care was deductible because everything was.  And at that time, only wages were taxable compensation from employer to employee.   Since that time, many other benefits have become non-deductible for employers, e.g. housing or the reduced deduction for meals and entertainment.  But health care is generally regarded as different, as a necessity.  While everyone needs to eat, not everyone needs to eat at a $100 a meal restaurant.  People who need expensive health care really need it.  People who eat expensive food just prefer it.   And of course, health care is more intermittent where food is relatively consistent.  You don't need ten thousand calories one day and zero the next.  But some families have no health care expenses in a year while another might have cancer or a pregnancy.  Note that medical care expenses can be deducted for individuals if they are large enough in aggregate and you itemize.   And of course both businesses and workers have incentives to maintain the current system with deductibility.  Health insurance is a common benefit.  Housing is not (although it's worth noting that travel housing and meals are deductible).  So there have been few people impacted by making housing taxable while many people would be impacted by taxable health insurance.   You can deduct health insurance costs if self-employed.  It's also not true that health insurance is the only benefit with preferential tax treatment.  Retirement and child care are also deductible.  Even meals and housing can be deducted in certain circumstances.  The complex rules about what and how much is deductible.   There have been rumbles about normalizing the tax treatment of health insurance and medical care, but there is a lot of opposition.  Insurance companies oppose making all healthcare expenses deductible, as that reduces their effective benefit.  They would prefer only insurance premiums be deductible.  Traditionally employed individuals oppose making health insurance taxable, as that would increase their taxes.  So the situation persists.  There isn't quite enough support to move in either direction, although the current compromise is economically silly."}
{"_id": "187089", "title": "", "text": "The S&P 500 represents a broadly diversified basket of stocks.  Silver is a single metal.  If all else is equal, more diversification means less volatility.  A better comparison would be the S&P 500 vs. a commodities index, or silver vs. some individual stock."}
{"_id": "187090", "title": "", "text": "\"&gt; You said that they were both using the same method, but, in fact, they aren't  The same underlying flawed assumptions.  &gt;Unless you're arguing an MIT 'academic conspiracy'  It's a subconscious bias thing... they all inherently belive that an \"\"inflationary currency\"\" is a good &amp; necessary thing... ergo they do not really TRY to disprove that dogmatic assumption.  &gt;BPP is independant, it uses a different methodology, and yet the results confirm those of the BLS.  Yup, and that \"\"confirmation\"\" was the entire goal of the project... it is entirely unsurprising that they managed to achieve it.\""}
{"_id": "187107", "title": "", "text": "Good luck!"}
{"_id": "187110", "title": "", "text": "This is a very common misconception. I've been studying equities and credits for a while now, and the simplest way to explain the difference is this:  - Credit is about stable cash flows. Your investment in a bond has almost (read: almost) nothing to do with growth rate. It has everything to do with how stable the cash flows are and interest coverage.  - Equity is about growth. No wonder companies with highly irregular cash flows (e.g., every single young tech company in the history of tech companies) can have the most in-demand equity while few bond investors would touch them with a ten foot pole."}
{"_id": "187124", "title": "", "text": "\"There's already an excellent answer here from @BenMiller, but I wanted to expand a bit on Types of Investments with some additional actionable information. You can invest in stocks, bonds, mutual funds (which are simply   collections of stocks and bonds), bank accounts, precious metals, and   many other things. Discussing all of these investments in one answer   is too broad, but my recommendation is this: If you are investing for   retirement, you should be investing in the stock market. However,   picking individual stocks is too risky; you need to be diversified in   a lot of stocks. Stock mutual funds are a great way to invest in the   stock market. So how does one go about actually investing in the stock market in a diversified way? What if you also want to diversify a bit into bonds? Fortunately, in the last several years, several products have come about that do just these things, and are targeted towards newer investors. These are often labeled \"\"robo-advisors\"\". Most even allow you to adjust your allocation according to your risk preferences. Here's a list of the ones I know about: While these products all purport to achieve similar goals of giving you an easy way to obtain a diversified portfolio according to your risk, they differ in the buckets of stocks and funds they put your money into; the careful investor would be wise to compare which specific ETFs they use (e.g. looking at their expense ratios, capitalization, and spreads).\""}
{"_id": "187129", "title": "", "text": "\"We had a \"\"civics\"\" class when I was a freshman in high school. This was in the Ann Arbor, MI public schools. It covered the very basics (how to balance your checkbook, what are stocks, how do income taxes work, what is interest, etc.) of money management along with an overview of politics and the legal system. It was a really light class, though, and didn't go deeply into personal finance and money management. I agree that such a class would be very valuable, as would cooking, nutrition, and basic home and car repair.\""}
{"_id": "187155", "title": "", "text": "\"I'd check the terms of the student loan. It's been a long time since I had a student loan, but when I did it had restrictions that it could only be used for educational expenses, which they pretty clear spelled out meant tuition, books, lab fees, I think some provision for living expenses. If your student loan is subsidized by the government, they're not going to let you use it to start a business or go on vacation ... nor are they likely to let you invest it. Even if it is legal and within the terms of the contract, borrowing money to invest is very risky. What if you invest in the stock market, and then the stock market goes down? You may find you don't have the money to make the payments on the loan. People do this sort of thing all the time -- that's what \"\"buying on margin\"\" is all about. And some of them lose a bundle and get in real trouble.\""}
{"_id": "187163", "title": "", "text": "Most full time developer jobs in the US are paid on a salary basis rather than hourly unless you are a contractor. Also, the pay varies widely by region in the US with the West and East coast typically paying the most, but also having the highest cost of living. A site I really like for getting salary data by region and keyword for technical jobs is indeed.com. Here is a link to a chart on that site comparing salary trends for PHP and Joomla."}
{"_id": "187173", "title": "", "text": "You do know that since the shale gas boom started the cost of energy declined significantly, don't you? Your theory is a bit simplistic and had more than a few holes.   GDP growth is not that contingent on energy prices. How do you factor in increasing fuel efficiency in your theory?"}
{"_id": "187182", "title": "", "text": "Used to be big on netflix culture, but after working in a place with very similar culture then reading a recent post from their CEO comparing their teams to professional sports teams (the implication that there are starters and folks who are on the bench, and the folks being benched should be cut/fired). I'm not so sure.   These kinds of cultures breed toxicity, the stench of with they try to disguise with the faux perfume of hyper-meritocracy (the best survive, everyone else can go). Truth is they're not willing to invest in personally improving their employees, so they just want to do the easy job of picking the most talented people and discarding them as soon as they stop performing ... its lazy, and its pretty ugly once you figure out how it all works."}
{"_id": "187188", "title": "", "text": "&gt; The prize pool for the 2014 International was over $10M raised by fans of the video game, greater than golf's 2014 Masters which paid out $9M.   Which is very interesting... but also guilty of selection bias. You're looking at the one video game tourney ever to have this purse against a single golf event, which is actually part of a year long series of events with large purses.  In fact, the Master's is something like the 6th largest purse in golf."}
{"_id": "187196", "title": "", "text": "I have a little experience with this.  My home state of Wisconsin was on this list until 2011. The thing to remember is that these states simply do not recognize the HSA.  What this means is that there are no state income tax advantages to the account, and no state tax penalties, either. Here are the implications: When you invest in a taxable account, your broker in many cases keeps track of cost basis for you.  However, when you invest inside an HSA, your HSA custodian will generally not keep track of any of this, because it is not normally needed.  Therefore, you need to keep track of any cost basis yourself, and when you sell, calculate the capital gain or loss on your state return. In my opinion, the HSA is a good deal even if your state does not recognize it.  The tax-free savings/investing is a great deal, even if only on your Federal taxes.  The state return will be a little more complicated, but the savings you get on your federal return are worth it. In my situation, our family spends the money in the HSA on medical expenses fast enough that we don't invest it in anything other than an interest-bearing savings account.  Therefore, we didn't have to worry about capital gains inside our HSA, and only had to add contributions and earnings to our state income.  I am very glad that our state now recognizes the HSA."}
{"_id": "187201", "title": "", "text": "You would need to check the original mortgage papers you signed with the originators.  Chances are you agreed to allow the mortgage to be sold and serviced by other parties. Refinancing would also put you in the same boat unless you got them to take that clause out of the mortgage/refinance papers. Also, chances are most small banks and originators simply can not keep mortgages on their books. There are also third parties that service loans too that do not actually own the mortgages as well. This is another party that could be involved out of many in your mortgage.  I would also not worry about 127/139 complaints out of 1,100,000 loans. Most probably were underwater on their mortgage but I am sure a few are legitimate complaints.  Banks make mistakes (I know right!).  Anyway, good luck and let me know if you find out anything different."}
{"_id": "187214", "title": "", "text": "Check out this site: http://www.m-x.ca/produits_options_actions_en.php  (Under the Trading Strategies). If you have a background in math or eco or are comfortable with graphs, I suggest you graph the payoffs of each of these strategies.  It will really help you understand it.  If you need help with this, let me know and I can draw a couple out for you. Your question is rather vague but also complicated however I will try to answer it.  First off, many investors buy options to hedge against a current position in a stock (already own the stock).  But you can also try to make money off of options rather than protecting yourself. Let's suppose you anticipate that a stock will increase in value so you want to capitalize on this.  Suppose further that you have a small amount of money to invest, say $100.  Suppose the stock is currently at $100 so that you can only afford 1 share.  Suppose there is a call option out there with strike $105 that costs you only $1. Let's compare two scenarios: The stock increases to $120 at the maturity date of the option. So, you made a lot more money with the same initial investment.  The amount of money you put in is small (i.e. can be perceived as low risk).  However, if the stock price ended up being $104.90 then your options are worthless (i.e. can be perceived as high risk). HTH."}
{"_id": "187227", "title": "", "text": "Yes, it's possible (and quite legitimate) to do that using depreciation expenses. While there's a large up-front cash expense (a capital expenditure), you then get many years (depending on the usable life of the asset) of depreciation expense that reduces your taxable income. Many capital-intensive businesses can be attractive for just that reason (for example, real estate).  Your question is a bit of a reverse on the common criticism that companies overemphasize non-GAAP numbers (like EBITDA) to appear more profitable (or profitable at all) compared with their GAAP Net Income. But it is certainly true that plenty of companies (especially private ones) factor tax considerations into capital expenditure timing and choices."}
{"_id": "187232", "title": "", "text": "And they send you squash every single week with every single meal! Now don't get me wrong, squash is great, but at some point a man reaches him limit on squash consumption. Blue apron should just be called squash apron or how to get burned out on squash in 6 weeks."}
{"_id": "187249", "title": "", "text": "No I don't want that, but not only was I implying that the comment-poster would find it despicable (I could be wrong), but also that the majority of society would find it so.  While I don't argue that majority opinion should always be codified as law, I do believe it does strongly influences morality and law, and rightfully so.    All this leads me to the conclusion that this is not a frivolous lawsuit.  And I should also point out that I didn't say it should be illegal, only that it is worth exploring further in a lawsuit."}
{"_id": "187250", "title": "", "text": "\"&gt;I agree the numbers are bunk, however the 900k figure is the \"\"opportunity cost\"\" of a moderate income family 60k-100k and not the actual.  The problem with that... is that *sans kids* most people really don't have much incentive to work all that hard.  * You don't need anywhere NEAR as big of a house (heck, as a single or childless couple, you don't need a house, you can easily just rent a small studio or 1 BR apartment).  * You don't need a minivan (or \"\"crossover\"\" or whatever the heck they call the equivalent of a station wagon these days).  * You are feeding a LOT less people.  * You don't need to worry about keeping anyone in shoes or clothes and buying new shit every year (provided you control your weight, of course, and don't ruin good clothing or follow \"\"fashion trends\"\" like a fool).  * You don't have to plan &amp; take expensive \"\"Disney\"\" vacations for anyone, much less a group of 4 or 5 (or more) people.  * You don't have anyone to \"\"send to college\"\" or a teenager to \"\"buy a car for\"\" (much less pay insurance to cover).  * You can pretty much ignore the vast majority of life-insurance costs (if you're single, do you really give a shit who gets anything if/when you croak?)  * Likewise with health-insurance -- dirt cheap while you're young, and even cheap when your middle aged if you have no kids (and with good reason, no \"\"pregnancy/birth\"\" costs, no vaccinations or childhood diseases, no tonsil-removal operations, etc.)  * Etc.  Quite seriously, **people without kids simply don't have as many REASONS to work like \"\"slaves\"\".**  A single person or childless couple can easily buy a home, car and other assets and pay it all off in a few short years (certainly less than a decade) -- **and live content &amp; fairly well on a minimal income** after that.  Remember things like **cars chiefly wear down because of \"\"mileage\"\"**; and most mileage is spent either chasing after INCOME (commuting to/from a job from a home in the suburbs, said home bought \"\"to get the KIDS into a good school\"\" and \"\"to give the KIDS room to play\"\", etc) -- OR chasing round for the KIDS -- explicitly playing \"\"taxi driver\"\" carrying the kids around to/from school, team sports &amp; other inane \"\"activities\"\".  Ergo, the childless person (or couple) really doesn't HAVE to chase after the all-mighty dollar in the same way.  *Instead they can enjoy life &amp; leisure (and to paraphrase MasterCard, that can be \"\"priceless\"\").*\""}
{"_id": "187251", "title": "", "text": "You may want to dive into the various scandals and further hefty settlements between blue chip brands and agency networks here. Ask around if Dentsu Aegie finances enjoyed being honest to their clients as to where the money was going and what kind of online advertising was actually in place, just to name a specific example.  Of course online ads find positive outcomes for lots of businesses. You don\u2019t expect any less when you see Google revenues to be honest. It still doesn\u2019t mean that the whole tracking and private information dragging framework isn\u2019t wrong or that so many web experiences aren\u2019t soiled by intrusive and nasty ads."}
{"_id": "187271", "title": "", "text": "Air Source1LLC is a Port st lucie, Florida based company operates in providing best services in AC Repair, Air Conditioning and Heating Systems both Residential and Commercial. We have team of well trained and certified technicians in repairing to deliver quality services to our customers."}
{"_id": "187293", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.iea.org/newsroom/news/2017/july/global-energy-investment-fell-for-a-second-year-in-2016-as-oil-and-gas-spending-c.html) reduced by 86%. (I'm a bot) ***** &gt; Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the International Energy Agency&amp;#039;s annual World Energy Investment report.  &gt; Global energy investment amounted to USD 1.7 trillion in 2016, or 2.2% of global GDP. For the first time, spending on the electricity sector around the world exceeded the combined spending on oil, gas and coal supply.  &gt; The United States saw a sharp decline in oil and gas investment, and accounted for 16% of global spending.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nqnvn/july_global_energy_investment_fell_for_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~168423 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **energy**^#1 **investment**^#2 **spender**^#3 **year**^#4 **Global**^#5\""}
{"_id": "187294", "title": "", "text": "\"The firms listed as protesting - Google, Facebook, Amazon, Reddit, AirBnB, Twitter and Snapchat - almost to a \"\"T\"\" (sans Amazon) rely on the free delivery of content model to survive.  Of all of these, Google benefits most due to the advertising revenues.  I pay for the New York Times because I find that it's quality journalism.  I don't pay for the Huffington Post because it's shit journalism.  If it was no longer free to deliver that sort of content, the NYT would survive; the Huffer's Post wouldn't.  And is that what we're fighting for here?  The right for the Huffington Post to scrape content off the web, provide it for free, then earn money off of advertising for grabbing our eyeballs?  Think about who you're carrying water for here.\""}
{"_id": "187319", "title": "", "text": "An article has just popped up on the Young London PRSupdate blog and it is very much a topic close to the heart of those in company.  This week Michael takes a look at customer service and how it can affect professionals from doing business with others."}
{"_id": "187321", "title": "", "text": "Ok smart guy. The point was in NY people who make $112k wouldnt consider themselves affluent and still need help to cover rising costs of higher education. You dont like my janitor example? Look up what a police officer makes at top pay with a little overtime, or a nurse or a fireman. Go see what a foreman in a union labor job makes."}
{"_id": "187324", "title": "", "text": "Well it's not so simple as just swapping cash and assets. It has its unintentional effects. Such as encouraging debt, increasing inflation over a longer time period, decreased attraction from foreign investors.  And yea it drives valuations up, but it's making the assets overpriced. And we all know what eventually happens to overpriced assets."}
{"_id": "187328", "title": "", "text": "You pay taxes in the normal way -- when you earn the money.  Just like all your other income.   What makes a Roth special is what happens when you withdraw.  You don't pay any taxes at all since you already paid them.  And there are some other convenient features."}
{"_id": "187352", "title": "", "text": "Or maybe it's analyzing a critical aspect of the economic relationship between China and the US. US agricultural exports bring in over $100 billion each year, and China is a huge consumer of American-grown crops, meaning that whenever China cuts back on imports, American business suffers. NPR is an American radio station with an American demographic, which means that they are going to prioritize how the disagreement affects Americans.  The article does a good job of examining the nature of the problem, too. It doesn't read like a pro-Syngenta article at all."}
{"_id": "187356", "title": "", "text": "&gt; To get a well paying job requires a degree these days.  Not if you're willing to do some manual labor.  The skilled trades are experiencing a shortage of young workers.  They pay pretty well.  Well enough to save for college.    &gt; Not everyone has the money to pay for college without a loan. Does that mean they shouldn't be able to get a well paying job?  The unfortunate reality of the world is that life, sometimes, isn't fair.  To be fair, I needed student loans to get through school.  I didn't choose to major in art history or underwater basket weaving though.  After a year of majoring in mathematics, I realized the dire economic decision I was making and chose to pursue engineering instead."}
{"_id": "187362", "title": "", "text": "Waaah! Call the Waaaambulance! Google nuked my SEO!!11!!ll!  I know exactly why this happened, but I'm not going to tell you. Suffice to say, it is your own fault due to bad configuration. But I don't intend to help you fix your SEO to compete for market share. The sites and subscriptions I maintain attained their Google ranking the hard way: by earning it."}
{"_id": "187384", "title": "", "text": "This is one of the most repeated claims on reddit, that companies are legally obligated to maximize shareholder profit. But articles like [this say otherwise.](http://www.washingtonpost.com/business/economy/maximizing-shareholder-value-the-goal-that-changed-corporate-america/2013/08/26/26e9ca8e-ed74-11e2-9008-61e94a7ea20d_story.html)  Of course, it does all come back to regulations. Companies may not be forced to maximize profit, but its obviously their goal. They certainly won't always make decisions for the good of society over their profit, and I can't blame them for that. It isn't the responsibility of a business to fix the worlds problems. But it is still their choice."}
{"_id": "187394", "title": "", "text": "Obama wanted to take your guns. Trump wants to leave you alone. Obama took event opportunity to turn a violent crime into guns are bad. Even when the weapon wasn't a gun. When you think you won't be able to purchase guns anymore you buy guns. Because it's easier to not sell a gun than to take a mans gun."}
{"_id": "187401", "title": "", "text": "\"This doesn't make sense to me. Writing a covered call gives him a long delta position - the exact opposite of what he wants. And the tax losses won't turn a losing position into a winning one.  Is there something I'm missing?  Edit: Also, doesn't \"\"shorting against the box\"\" mean he has to have a long position, and short against that? That means you've got zero net delta, which isn't very useful at all...\""}
{"_id": "187404", "title": "", "text": "I would buy an ETF (or maybe a couple) in stable, blue chip companies with a decent yield (~3%) and then I'd play a conservative covered call strategy on the stock selling a new position about once a month. That's just me."}
{"_id": "187405", "title": "", "text": "To me the key is a budget.  Each month, before it begins, decide on what to spend on each dollar that you earn.  Money should be allotted for normal expenses such as housing, food, transportation, and utilities. If you have any consumer debt that should be a priority.  Extra money should go to eliminate that debt. There should be money allotted to savings goals (such as retirement, home down payment, or vacation home).  Also there should be money set aside for clothing and giving.  Giving is an important part and often overlooked part of wealth creation.   Somewhere in there you should also give yourself a bit of free money.  For example one of the things I spend my free money on is coffee.  I buy freshly ground coffee from a really good supplier.  It is a bit expensive, but that is okay as it does not preclude me from meeting other goals. If you still have money left after all of that increase your giving some, your savings some, and your free money some.  You can then spend that money without guilt. If your budget includes $100 of free money per month, and you want something that costs $1000, save up the $1,000 and then buy it.  Do not borrow to buy free money stuff!   Doing those sorts of things will make you weigh purchasing decisions very carefully. If you find that you cannot stick to a budget, you should enlist a friend to be your accountability partner.  They have to be very good with money."}
{"_id": "187412", "title": "", "text": "If you are looking e-mail marketing services in USA, Saleglue provides e-mail marketing services in USA . E-mail marketing is perform of seanding business massgae classically to a group of people, using email. Every email send to a possible or present customer could be considered email marketing. http://www.saleglue.com/"}
{"_id": "187437", "title": "", "text": "I understood what you were saying. My point is that I don't think the race or heritage of the person preparing the food at a large chain restaurant makes it any more or less authentic. If I'm at an actual Mexican restaurant, absolutely, but at Chipotle, I don't think so."}
{"_id": "187448", "title": "", "text": "\"The HSA tax deduction comes when you contribute money to the HSA, not when you take money out. So you can contribute up to the max and take your maximum deduction each year, regardless of what medical expenses you have.  If you have medical expenses, but no money left in your HSA, you will just have to pay for them out-of-pocket. However, in the future when your HSA has money in it again, you can reimburse yourself for medical expenses you have now. As long as you have an HSA in place (even if there is no money in it currently), there is no time limit to reimburse yourself for those medical expenses.  Reimburse yourself for what you can, and keep track of whatever expenses you are unable to reimburse at this time. Hopefully, in a future year your health will improve (or your medical coverage will improve), and you can \"\"catch up\"\" reimbursing yourself for these old expenses.  Regarding your question about tax benefit: The HSA acts similar to a traditional IRA when invested, growing tax-deferred. So if you contribute, and choose not to withdraw but instead invest, there are tax advantages, similar to an IRA. However, if you are already investing a sufficient amount in retirement accounts, there is nothing wrong with reimbursing yourself now for the expenses if you need the money. You get the primary tax deduction either way.\""}
{"_id": "187449", "title": "", "text": "I think we need some reform on what can be pat ended, but eliminating IP all together is a terrible idea. It would destroy any chances for a startup company to thrive. Let's say you invent a new widget (not an Android widget), but only have a small amount of capital to get started.   What stops a large company like Apple, Samsung, or Sony from taking your widget and copying it exactly? They have the capital to manufacture it on a global scale while you are stuck as a startup who had their idea stolen. Without IP they could do this without any repercussions."}
{"_id": "187451", "title": "", "text": "HuffPo's [article](http://www.huffingtonpost.com/2012/06/15/michelle-apperson-teacher_n_1601015.html) has more detail; the reason that she was laid off was because the teacher layoffs here were mandated to be seniority-based, as is common in public-school layoffs.  Seniority-based layoffs rather than merit-based are something that teachers' unions have [long promoted](http://www.writeonnevada.com/2012/05/seven-outstanding-rookie-ccsd-teachers.html); one is rewarded for being part of the system for a long time rather than doing a good job.  There has been a general shift [away from seniority-based layoffs](http://eagnews.org/indiana-schools-will-use-teacher-performance-as-predominant-factor-for-layoffs/) and towards performance-based layoffs.  Generally-speaking, I'm not particularly enthusiastic about strictly seniority-based pay and strictly seniority-based firing; it doesn't seem to make a tremendous amount of sense."}
{"_id": "187454", "title": "", "text": "Actually sadly true. Between not living in a major metropolitan area and rarely eating out, there are probably 5 restaurants we've eaten at in the last year. Four are local places and quite good. Olive Garden has been our go-to when we visit relatives in a nearby larger city because at least the quality was fairly even and these relatives liked it. We've had some pretty sucky service on our last few visits, but assumed it was just that they were probably working new waiters barely out of training in the late afternoon hours before the regular dinner staff came in. It all makes so much more sense now."}
{"_id": "187464", "title": "", "text": "1.) There is no logic in this question, because when there is an increase in net income for the year it will be in the form of something, ie it can be cash and cash equivalent like cash in hand or cash at bank. So as your ques says if there is increase in net income of 20 then asset side also increase by 20(cash) which makes the equation  Asset = liability + share capital tally 2.) Balance sheet is a statement of assets, liabilities, and capital of a business or other organization. Expenditure or income related items wont come under balance sheet it comes under profit and loss account 3.) Stockholders' equity can increase just as easy. When a firm issues bonus to the existing share holders from free reserve a/c or capital redemption reserve a/c or security premium this will increase the share holders equity and also decreases the reserve a/c"}
{"_id": "187466", "title": "", "text": "\"He knows maintenance, and presumably he knows which cars are notorious for breaking down. I can only imagine three scenarios for ending up with your broken car:  * SAABs break if you don't maintain them normally/properly - your husband knows better than to neglect this.  * SAABs break no matter how well you maintain them - your husband knows better than to buy an old used car that is guaranteed to fail.  * Your SAAB is a fluke, of unusually poor quality, or was in an accident - in which case I don't understand why you used it as an example to illustrate that \"\"SAABs are notorious for electrical problems\"\".  That makes me curious. Which one is wrong? Or am I missing something - am I wrong?\""}
{"_id": "187473", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.dawn.com/news/1366178/pakistan-tells-us-to-accept-defeat-in-afghanistan-agrees-assistance-on-equal-terms) reduced by 80%. (I'm a bot) ***** &gt; He said Pakistan would see further success if the Parliament, the National Security Committee and the people of the country send a united message as they had after August 21 when US President Donald Trump announced his South Asia policy and lambasted Pakistan for offering safe havens to &amp;quot;Agents of chaos&amp;quot;.  &gt; Referring to a recent statement by US Am&amp;shy;bassador to the UN Nikki Haley where she said that India can help the United States in keeping an eye on Pakistan, Asif said that Pakistan &amp;quot;Also has a mouth to speak&amp;quot; but will proceed with caution so that relations with America can improve.  &gt; Pakistan is not a safe haven for terrorists, US told Following the meeting between Pakistani officials and Rex Tillerson in Islamabad, Asif  who was a member of the Pakistani delegation  said that the American delegation was informed that Washington&amp;#039;s allegations against Pakistan of offering safe havens to terrorists and protecting the Haqqani network are incorrect.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78pjvx/pakistan_tells_us_to_accept_defeat_in_afghanistan/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~235010 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Pakistan**^#1 **Asif**^#2 **delegation**^#3 **Pakistani**^#4 **told**^#5\""}
{"_id": "187478", "title": "", "text": "Make the price match the cheapest similar product, then advertise the hell out of it. If it's in a specialist section, put some in the general area too. Keep it towards the fish kits so that when people are buying a bunch of stuff for a new tank, they can get cheaper food. If the price/lb is right, most people will feed their fish anything. You can also extend the life of your overstock by keeping it in cool storage. Maybe a basement with an AC. Shy away from 'buy more than one to save' deals, those are just annoying. Just post the price along with some indication that it's a 'low price'.   For pricing, figure out how much you paid for the lot to find your ideal minimum return, then multiply it by 50-80% depending on your maximum loss. Divide each of these numbers by the number of units to get the ideal price for your situation. Don't forget to fuzz it upwards to account for storage costs and other minor overhead. Repeat for each product."}
{"_id": "187485", "title": "", "text": "\"They used to pay over 90% during the glorious 30s (1940-1970). All of this is about the capture of politicians by the rich (both Democrats and Republicans) and the balance of power between labor and capital which has tilted on favor of capital. As Warren buffet cheekily said: \"\"there is a class war and we are winning it\"\". With the free movement if capital, it's super easy for the super rich to get their money out of a country.  Now regarding the\"\"fairness\"\" of taxes and their level, if you posit that taxes take away your hard earned work, then both 10% and 90% are unacceptable. It's like a thief arguing he only stole 10% of a bank, how is it more or less acceptable?   Of course, I don't subscribe to this logic at all, I just want to point out that either any level of taxation is fair, regardless of the level, or unfair. There aren't any \"\"in betweens\"\".   To finish, I would use market mechanisms to set taxation. Taxes on the super rich should be gradually increased until there is a noticeable effect on productive investment.\""}
{"_id": "187497", "title": "", "text": "You need your transit, branch account and SWIFT code. Example, CIBC: To get this information as it pertains to you, it is best to go to your bank in person."}
{"_id": "187498", "title": "", "text": "Most companies put the company match in your account each paycheck, but your are not generally vested for the match. If you leave before the specified time period then they pull back part of the matching funds.  I knew somebody who did something similar back in the 1980's with their 401K. They put in 8% of their paycheck after taxes; a 100% match was deposited; then they pulled out the employees contribution every quarter. They did this for the 10 years I knew them. It avoided any tax implications, and they were still saving 8% of their pay for retirement."}
{"_id": "187510", "title": "", "text": "Every single expensive book you buy - make sure you relist on eBay, Half.com, local craigslist, university boards, whatever ... the second after your final exam for that class. I figured that out when I went back to grad school, and the impact to my wallet was substantially less than undergrad (scaled for the number of classes). I ended up only being unable to sell maybe 2 or 3 books out of a dozen or so. And out of like $1000 on books, recovered probably $800."}
{"_id": "187513", "title": "", "text": "\"As somebody who works in the industry, this is the biggest fucking joke I've ever witnessed. The sad part is, if they have rich connections, they may actually get away with pulling in a few accounts.   \"\"We have good lawyers.\"\" bahahaha\""}
{"_id": "187525", "title": "", "text": "The Motley Fool suggested a good rule of thumb in one of their articles that may be able to help you determine if the market is overheating. Determine the entire cost of rent for a piece of property. So if rent is $300/month, total cost over a year is $3600. Compare that to the cost of buying a similar piece of property by dividing the property price by the rent per year. So if a similar property is $90,000, the ratio would be $90,000/$3600 = 25. If the ratio is < 20, you should consider buying a place. If its > 20, there's a good chance that the market is overheated.  This method is clearly not foolproof, but it helps quantify the irrationality of some individuals who think that buying a place is always better than renting.  P.S. if anyone can find this article for me I'd greatly appreciate it, I've tried to use my google-fu with googling terms with site:fool.com but haven't found the article I remember."}
{"_id": "187526", "title": "", "text": "\"First, excellent choice to say no to non-subsidized loans! But I'd say you are cutting things very close either way, and you need to face up to that now.  $35/mo extra at the end of the month is \"\"within the noise\"\" of financial life, meaning you should think of it as essentially $0 each month or even negative money, since one vet bill/school books/unforeseen problem could remove it for the entire year, easily.  You are leaving yourself no buffer. But by taking the loan, unless you are (as Joe said) socking away savings to pay for it upon graduation, you are guaranteeing you'll leave college with debt, which I think should be avoided if you can.  Could you do a hybrid plan in which you worked hard to do the following?: If you do these things or something along these lines, the loan is probably OK; if not, I'd be concerned about taking it. [Probably unnecessary, but: Keep in mind that student loans are not excusable by bankruptcy, so one is on the hook for them no matter what]. Also consider whether you can take a semester off now and then to catch up financially.  The key is to really stay far from the edge of any financial cliffs.\""}
{"_id": "187558", "title": "", "text": "No, this is quite wrong. Almost all hedge funds (and all hedge fund investors) use Sharpe as a *primary* measure of performance. The fact that they don't consider themselves risk-free has no bearing on the issue (that's a bizarre line of reasoning - you're saying Sharpe is only relevant for assets that consider themselves risk-free?). And as AlphaPortfolio rightly points out, most funds have no explicit benchmark and they are usually paid for performance over zero.  I've never seen a hedge fund use a benchmark relative information ratio - for starters, what benchmark would you measure a CB arb fund against? Or market neutral quant? Or global macro? Same for CTAs..."}
{"_id": "187568", "title": "", "text": "Nobody is going to short sell stocks through a lender that forces people to buy in as soon as it is getting good for them."}
{"_id": "187571", "title": "", "text": "I think you may be drawing the wrong conclusion about why you put what type of investment in a taxable vs. tax-advantaged account. It is not so much about risk, but type of return. If you're investing both tax-advantaged and taxable accounts, you can benefit by putting more tax-inefficient investments inside your tax-advantaged accounts. Some aggressive asset types, like real estate, can throw off a lot of taxable income. If your asset allocation calls for investing in real estate, holding it in a 401k or IRA can allow more of your money to remain invested, rather than having to use it to pay for taxes. And if you're holding in a Roth IRA, you get that tax free. But bonds, a decidedly non-aggressive asset, also throw off a lot of taxable income. You're able to hold them in a tax-advantaged account and not pay taxes on the income until you withdraw it from the account (or tax free in the case of a Roth account.) An aggressive stock fund that is primarily expected to provide returns via price appreciation would do well in a taxable account because there's likely little tax consequence to you until it is sold."}
{"_id": "187581", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/07/27/Bank-Consolidation-Efficiency-and-Profitability-in-Italy-45063) reduced by 49%. (I'm a bot) ***** &gt; This paper examines the case for efficiency-driven banking sector consolidation in Italy, evaluates its potential effects on profitability, and discusses policy options to facilitate a consolidation process that is as effective as possible.  &gt; A bottom-up analysis of 386 Italian banks suggests that while profitability is expected to improve as the economy gradually recovers, operational efficiency gains are nonetheless needed to restore large parts of the banking system to healthy profitability.  &gt; Banking system consolidation can play a role in facilitating such efficiency gains, but its effectiveness is likely to be most as part of a comprehensive strategy that includes complementary reforms to clean up bank balance sheets.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pxk55/imfbank_consolidation_efficiency_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177073 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **IMF**^#2 **consolidation**^#3 **profitability**^#4 **paper**^#5\""}
{"_id": "187583", "title": "", "text": "\"Compounding is just the notion that the current period's growth (or loss) becomes the next period's principal. So, applied to stocks, your beginning value, plus growth (or loss) in value, plus any dividends, becomes the beginning value for the next period. Your value is compounded as you measure the performance of the investment over time. Dividends do not participate in the compounding unless you reinvest them.  Compound interest is just the principle of compounding applied to an amount owed, either by you, or to you. You have a balance with which a certain percentage is calculated each period and is added to the balance. The new balance is used to calculate the next period's interest, which again adds to the balance, etc. Obviously, it's better to be on the receiving end of a compound interest calculation than on the paying end. Interest bearing investments, like bonds, pay simple interest. Like stock dividends, you would have to invest the interest in something else in order to get a compounding effect. When using a basic calculator tool for stocks, you would include the expected average annual growth rate plus the expected annual dividend rate as your \"\"interest\"\" rate. For bonds you would use the coupon rate plus the expected rate of return on whatever you put the interest into as the \"\"interest\"\" rate. Factoring in risk, you would just have to pick a different rate for a simple calculator, or use a more complex tool that allows for more variables over time. Believe it or not, this is where you would start seeing all that calculus homework pay off!\""}
{"_id": "187585", "title": "", "text": "Not sold on BK at all.  It seems what is being implemented is not going to be sustainable.  Net income never = increasing shareholder wealth.  BK still has pisspoor food, with sizes of burgers that are laughable, and the whole sector is being eaten by casual dining.    Increased comp sales are great, but nothing when traffic is going down more and more. And don't get me started on the 20/20 BK restaurants that cost a fortune to remodel and Schwartz has pushed so hard.  TAST even had to dip (quite significantly) into more common to pay for all these remodels.  Idk, maybe I'm being bias, but I'm not sold on BK in the slightest or what's driving their, and their franchisee's, stock price."}
{"_id": "187586", "title": "", "text": "The accounting equation, in short, is: This can be further broken down into: Which can be further broken down into: The GnuCash equation is right, though I would substitute the word equity in that equation with a more-specific paid-in capital. Equity is (simply put) made up of 2 parts: shareholders' equity and retained earnings. Shareholders' equity is the amount invested by shareholders. Retained earnings is the amount earned by the business on behalf of the shareholders. Retained earnings is directly affected by your net income (which is income minus expenses). An increase in income will result in an increase in retained earnings. This must be balanced somewhere. Usually an increase in an asset. It may also be balanced by a decrease in equity. Likewise, increase in expenses will result in a decrease in retained earnings, which must also be balanced."}
{"_id": "187589", "title": "", "text": "\"Amazon closed down their prototype \"\"cashierless\"\" store didn't they? I mean, retail brick and mortar might be dying, but that's not because of automation. That's because we can click a button on our phones anywhere in the world and get a product within 2 days.   There are probably always going to be stores for certain things: food to eat (can't automate delivery of food to your stomach, or the restaurant pampering experience), food to store (not every area has proper distribution lines to ensure quality produce), construction materials (weight and bulkiness are a factor). I don't think automation is the killer app for any of these use cases.\""}
{"_id": "187590", "title": "", "text": "\"Your question isn't great, but I will attempt to answer this piece as it seems really the root of your personal finance question: I want to convince my wife to make this move because it will save us   at least 800 month, but she fails to see how buying a second home is   financially sound because we have to lose our savings and we have to   pay interest on our second home. And... Her logic is it will take almost 5 years to get back our down payment   and we have to pay interest as well. So how can this move help our   family financially in the long run? ... Is she right? She is mostly wrong. First, consider that there is no \"\"ROI\"\" really on your down payment. Assuming you are paying what your home would sell for the next day, then your \"\"RIO\"\" is already yours (minus realtor fees). She is talking about cash on hand, not ROI. I will use an example without taking into account risk of home markets going down or other risks to ownership. Example: Let's say you pay $2800 a month in mortgage interest+principle at 5.5% apr and $200 a month in taxes+insurance on a $360k loan ($400k house). In this example let's say the same house if you were to rent it is $3800 a month. Understand the Opportunity Cost of renting (the marginal amount it costs you to NOT buy). So far, your opportunity cost is $800 a month. The principle of your house will be increasing with each payment. In our example, it's about $400 for the first payment, and will increase with each payment made while decreasing the interest payment (Suggest you look at an amortization table for your specific mortgage example). So, you're real number is now $1200 a month opportunity cost. Consider also the fact that the $400 a month is sitting in a savings account of sorts. While most savings accounts give you less than 1% in returns and then charge taxes on that gain, your home may (or may not be) much higher than that and won't charge you taxes on the gains when you sell it (If you live in it for a period of time as defined by the IRS.) Let's assume a conservative long term appreciation rate of 3%. That's $12k a year on a $400k house. So, now you're at $2200 a month opportunity cost. In this example I didn't touch on your tax savings of ownership. I also didn't touch on the maintenance cost of ownership or the maintenance cost of renting (your deposit + other fees) which all should be considered. You may have other costs involved in renting. For instance: The cost of not being able to fully utilize your rental as your own house. This may be an even simpler and more convincing way to explain it: On the $2800 mortgage example, you will be paying around $19k in interest and $2400 on taxes, insurance = $23k per year (number could be way different in your example). That is basically throw away money you're never getting back. On the rental, 100% of your rent at $3800 a month is throw away money you're never getting back. That's $45,600 a year.\""}
{"_id": "187600", "title": "", "text": "\"Especially when the anti-piracy campaigns try to guilt folks about \"\"stealing money from the artists\"\" - ads run by the folks who are far more guilty of doing exactly that.   Even the huge name bands make most of their money from concerts (though Ticketmaster is working on that). Why do you think the average multi-platinum career path includes \"\"create own record label\"\"?\""}
{"_id": "187606", "title": "", "text": "Unless you want to invest a lot of time into learning about ForEx, I think the best time to convert is whenever it's most practical for you. This is because, as some of the comments say, no one knows when which currency will go up and down. Unless something major happens, you're unlikely to gain/lose a huge amount within a year. Whatever you do, try to avoid converting the money twice (NZ - AUS - GBP) and I'd suggest a provider like Transferwise for actually transferring the money, instead of using your bank (its usually cheaper)."}
{"_id": "187633", "title": "", "text": "\"Why are banks all of a sudden providing people their credit scores for free? Because it is a really good idea.   On an ABC Bank website, it has:  \"\"Check your credit score for free\"\" button.  You click it.  Not only will it come up with a credit score, but it could also trigger a marketing workflow.  If it is direct mail, email, or a phone call a banker could contact you for help with a debt product.  This marketing could also be targeted, say a person with a high score could be targeted for a mortgage.  A person with a low or medium score could be targeted for ways and products to improve their score. Now if you run XYZ bank and not do the same, you are losing a competitive advantage to banks that offer this.  Not only will your customers be less happy, but you will lose a great marketing opportunities.   Face it, the only people that worry about their credit score are people that are in the market to borrow.  Which again, is more information.  If you have someone that never checks their credit score, or has their credit frozen, then it is wise not to market to them debt products.\""}
{"_id": "187675", "title": "", "text": "I'd say that it cannot be meaningfully calculated or measured because the two are just too different in every way. Poker Stock trading I guess the last point (that someone relying on luck is exploitable in poker but not in stock trading) could be interpreted as stock trading being based more on luck, while the second and third points indicated that poker has more true randomness and is thus based more on luck. Something both have in common is that people who have been losing money are often tempted to take stupid risks which lose them everything."}
{"_id": "187695", "title": "", "text": "The IRS can direct your refund towards repayment of your unpaid taxes either on Federal or State/Local level. Whether it will depends on whether the State of New York will ask for it. Generally, if you owe taxes to New York for this year only, you would expect them to wait for you to file your State tax return and pay the taxes owed. If you don't - I'm pretty sure that the next year refund from the IRS will go directly to them."}
{"_id": "187698", "title": "", "text": "It's the Apple approach: sell your own product at the price you want it to be set at, then sell it wholesale to other retailers at a price so close to that they can't undercut you without having zero margin.  That's why you never see discounts worth anything on a lot of electronic products. The manufacturers have effectively captured the entire margin by competing against the retailers via direct sale options."}
{"_id": "187699", "title": "", "text": "It is possible that they only do the hold on the first deposit from a given source. It is probably worth asking if they intend to do the hold on every paycheck or just the first one."}
{"_id": "187706", "title": "", "text": "One other consideration. If you are a US citizen or Resident Alien, you are going to owe US income taxes regardless of where you earn the money. Here it is straight from the horse's mouth: Tax guide for US Citizens living abroad"}
{"_id": "187724", "title": "", "text": "Since then I wanted to move out of this house because the property taxes are so high and the mortgage payment is a killer. As I understand this is a property jointly owned by your parents and you. As they are not living staying in the house, you have taken over the mortgage payments for this house along with any other maintenance. If you move out of this house; the rent is expected to cover the cost of maintenance and mortgage payments. Are we better of staying in Jersey where our family and friends are?  This is an individual decision. It is not just family and friends, but also schooling of kids, penitentially if you change jobs would it also entail changing residence as the workplace would be more near from current home than the new home. I want to convince my wife to make this move because it will save us at least 800 month, but she fails to see how buying a second home is financially sound because we have to lose our savings and we have to pay interest on our second home. There are quite a few posts on first-time-home-buyer Some question like this one and this one and this one are good reads. There are historically times when the Mortgage EMI becomes equal or less than Rent paid. In such times it is good to buy home, than pay rent. Otherwise quite a few invest advisor's mention that fools buy house and wise live in it. There are advantages to buying as well advantages to renting. There is no simple answer and it depends on multitude of factors."}
{"_id": "187728", "title": "", "text": "**Kuala Lumpur War Crimes Commission**  The Kuala Lumpur War Crimes Commission (KLWCT), also known as the Kuala Lumpur War Crimes Tribunal, is a Malaysian organisation established in 2007 by Mahathir Mohamad to investigate war crimes. The KLWCC was instigated as an alternative to the International Criminal Court in The Hague, which Mahathir accused of bias in its selection of cases to cover.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "187729", "title": "", "text": "The commenters who referred you to the prisoner's dilemma are exactly correct, but I wanted to give a more detailed explanation because I find game theory quite interesting.  The prisoner's dilemma is a classic scenario in game theory where even though it's in the best interests of two or more players to cooperate, they fail to do so. Wikipedia has a simple example using prisoners, but I'll use a simple example using Fidel and Charles, who are fund managers at Fidelity and Charles Schwab, respectively.  To make the table shorter, I abbreviated a bit: INC = increase fees, KEEP=keep fees the same, DEC=decrease fees. Here is the dilemma itself, in the table that shows the resulting market shares if each fund manager follows the course of action in question.  While this example isn't mathematically rigorous because I completely fabricated the numbers, it makes a good example. The most profitable course of action would be both fund managers agreeing to increase their fees, which would keep their market shares the same but increase their profits as they earn more fees. However, this won't happen for several reasons.  Because economies of scale exist in the market for investment funds, it's reasonable to assume in a simple example that as funds grow larger, their costs decrease, so even though a fund manager decreases his fees (betraying the other players), this decrease won't be enough to reduce their profits. In fact, the increased market share resulting from such a decrease may well dominate the decreased fees and lead to higher profits. The prisoner's dilemma is highly applicable to markets such as these because they exist as oligopolies, i.e. markets where a relatively small number of established sellers possess considerable market power. If you actually wanted to model the market for donor-advised funds using game theory, you need to take a few more things into account. Obviously there are more than two firms. It's probably a valid assumption that the market is an oligopoly with significant economies of scale, but I haven't researched this extensively.  There is more than one time period, so some form of the iterated prisoner's dilemma is needed. The market for donor-advised funds is also complicated by the fact that these are philanthropic funds. This may introduce tax implications or the problem of goodwill and institutional opinion of these funds. Although both funds increasing their fees may increase their profits in theory, institutional investors may look on this as a pure profit-seeking and take their funds elsewhere. For example, they may choose to invest in smaller funds with higher fees but better reputations. While reputation is important for any company, it might make more of a difference when the fund/investment vehicle is philanthropic in nature.  I am by no means an expert on game theory, so I'm sure there are other nuances to the situation that I'm unaware of."}
{"_id": "187734", "title": "", "text": "\"The Option 2 in your answer is how most of the money is moved cross border. It is called International Transfer, most of it carried out using the SWIFT network. This is expensive, at a minimum it costs in the range of USD 30 to USD 50. This becomes a expensive mechanism to transfer small sums of money that individuals are typically looking at.   Over a period of years, the low value payments by individuals between certain pair of countries is quite high, example US-India, US-China, Middle-East-India, US-Mexico etc ... With the intention to reduce cost, Banks have built a different work-flow, this is the Option 1. This essentially works on getting money from multiple individuals in EUR. The aggregated sum is converted into INR, then transferred to partner Bank in India via Single SWIFT. Alongside the partner bank is also sent a file of instructions having the credit account. The Partner Bank in India will use the local clearing network [these days NEFT] to credit the funds to the Indian account.   Option 3: Other methods include you writing a check in EUR and sending it over to a friend/relative in India to deposit this into Indian Account. Typically very nominal costs. Typically one month of timelines. Option 4: Another method would be to visit an Indian Bank and ask them to issue a \"\"Rupee Draft/Bankers Check\"\" payable in India. The charges for this would be higher than Option 3, less than Option 1. Mail this to friend/relative in India to deposit this into Indian Account. Typically couple of days timelines for transfer to happen.\""}
{"_id": "187739", "title": "", "text": "Yes, a mortgage is debt.  It's unique in that you have a house which should be worth far more than the mortgage. After the mortgage crisis, many found their homes under water i.e. worth less than the mortgage.  The word debt is a simple noun for money owed, it carries no judgement or negative connotation except when it's used to buy short lived items with money one doesn't have.  Aside from my mortgage, I get a monthly credit card bill which I pay in full. That's debt too, only it carried no interest and rewards me with 2% cash back. Many people would avoid this as it's still debt."}
{"_id": "187751", "title": "", "text": "&gt;Just because one issue is tied up in legal battles doesn't mean you have to stop raising capital  Isn't that the problem? YOu said it yourself that nobody will be interested in losing more money on the country's defaults, so where are they going to raise this capital from?"}
{"_id": "187756", "title": "", "text": "Thank you for the summary! I live in a small city where it would never take more than 10 minutes to walk into the store and get your refund, so I don't see a huge advantage to this. Maybe for bigger and busier stores."}
{"_id": "187757", "title": "", "text": "I think class is a little more than just how much money you make. You could make $1,000,000 a year but if you are still wretched, have a corrupt morality, and possess no sense of culture, then you are still lower class. Yet, you could be making $40,000 but if your mind is elevated, your self control strong, and possess a good degree of culture, I would consider you upper class. Its not just money bro!"}
{"_id": "187761", "title": "", "text": "Wash sale applies. If you purchase shares within 30 days of that Feb 3 sell date, the wash sale kicks in, preventing the loss on that sale, and deferring it into the new shares."}
{"_id": "187763", "title": "", "text": "Your experience supports my point, though. New Zealand is currently freer, economically speaking than America.  According to an annual report published by the Heritage Foundation in America, New Zealand is in 3rd place globally. America is 17th.  You actually have far less government than we do."}
{"_id": "187774", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-07-12/rooftop-solar-is-no-match-for-crony-capitalism) reduced by 93%. (I'm a bot) ***** &gt; It therefore makes economic sense to charge rooftop solar owners extra to maintain the electrical grid - without the grid, after all, a person using only rooftop solar wouldn&amp;#039;t have any electricity at night.  &gt; Measures to ban third-party ownership of rooftop solar are crony capitalism, plain and simple.  &gt; Eventually, solar power will be so cheap that it makes sense to install rooftop panels even without net metering, and utilities will start switching from power plants to solar farms.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nhc7p/rooftop_solar_is_no_match_for_crony_capitalism/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~167580 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **solar**^#1 **utility**^#2 **power**^#3 **company**^#4 **rooftop**^#5\""}
{"_id": "187776", "title": "", "text": "Generally speaking: when a company buys another company it's a complex agreement that spells out many things, including how the acquiring company is paying for the target company.  These are the most common form of payment:  1. Cash. Shareholders of the target company get cash. 2. Shares. Shareholders of the target company get shares of the acquiring company. 3. A combination of 1 and 2 above."}
{"_id": "187784", "title": "", "text": "&gt;a San Jose resident and experienced worker in the information technology sector, said it appears tech employers frequently inquire about an applicant, but the interest doesn\u2019t always lead to a job interview and almost never results in a full-time job with benefits. Now, his jobs consist of contract work and temporary projects.  Who didn't see this one coming? But we need more H1B software developers they all said. LOL, now you have them, plenty of them."}
{"_id": "187790", "title": "", "text": "Contractors regularly deposit checks like this; if the income is legitimate don't worry. Report it to the IRS as income whether or not the customer issues you a 1099. With deposits like this you should be making quarterly payments to the IRS for your projected income."}
{"_id": "187791", "title": "", "text": "\"Visa card expired while on the other side of the world.  Visa from other bank declined for suspected fraud.  \"\"You should have told us you were going to a country that has lots of fraud.\"\"  Nearest ATM, twelve kilometers.\""}
{"_id": "187806", "title": "", "text": "Are you trolling right now? If you knew what you were doing when you made that bet, you might consider reinvesting that money.   24yr olds don't buy first-time houses anymore. Houses today are meant for existing landowners and wealthy foreign investors willing to pay cash."}
{"_id": "187810", "title": "", "text": "Some of the expenses you describe may be eligible to be paid off by a 401(k) without incurring a penalty. As long as you do not mind paying tax on the extra income. If your tax bracket does not go up, then using your IRA may not be a bad idea. You should consult a tax expert and see which expenses can qualify for a withdrawal without penalty.  I believe medical bills and medical insurance costs are eligible to be withdrawn without penalty in some instances."}
{"_id": "187811", "title": "", "text": "Is my understanding correct? It's actually higher than that - he exercised options for 94,564 shares at $204.16 and sold them for $252.17 for a gain of about $4.5 Million.  There's another transaction that's not in your screenshot where he sold the other 7,954 shares for another $2 Million. What do executive directors usually do with such profit?  It's part of his compensation - it's anyone's guess what he decided to do with it. Is it understood that such trade profits should be re-invested back to the company? No - that is purely compensation for his position (I'm assuming the stock options were compensation rather then him buying options in the open market).  There generally is no expectation that trading profits need to go back into the company.  If the company wanted the profits reinvested they wouldn't have distributed the compensation in the first place."}
{"_id": "187815", "title": "", "text": "no. Then there is proof that banks are actually ripping off the public using made up price index. It's basic scam.  The entire Singapore forex banking index was found to be a fraud. All of them fired and bunch of them go to jail."}
{"_id": "187827", "title": "", "text": "\"After this happened the second time, I wonder if there could be a \"\"catch\"\" on this.  No I mean, what is my bank's real motivation for allowing me to spend more money.  Credit card companies make money in a few ways. By giving you a higher limit the credit card company hopes you will spend more on the card. This immediately gets them more merchant fees and if they are lucky means you will have to carry the balance for a while earning them interest. If they get really lucky you will miss a payment or two earning them some fees. Of course if they let you borrow too much you might never pay it back. So the credit limit is a balancing act. Letting you borrow more money gives them the potential to make more money but also the potential to lose more money. As you build up a history of paying as agreed they feel comfortable lending you more money.\""}
{"_id": "187830", "title": "", "text": "Since I work full time I'd have to take online courses. The school isn't some online scam school it's legit, but the costs are much higher there. I've thought about getting a finance degree but I think I have more options with an accounting degree. I'm probably overestimating the costs. I think it would be more around 30k but still. I'm not sure how to get out of the sales trap. Non sales jobs in finance making decent money usually won't give me another look without a bachelor's."}
{"_id": "187835", "title": "", "text": "Yes, they do. Generally though you'll only see it on one or two reports. With regards to the impact on your credit score.  Hard inquiries only stay on your credit for 2 years, after that they fall off.  For most credit scores (specifically FICO) they only have an impact for 1 year after their date.  If you have a few in the same 30 day period FICO will lump these into 1 pull to allow you to shop around for credit/loans.  They also have a low to medium impact on your score."}
{"_id": "187867", "title": "", "text": "To be fair you are right in thinking that consumers will always try to find the best option, the point that people are arguing here is that this consolidation will likely push prices up in physical retail stores that specialize in outdoor goods.   Which kind of sucks if you like going into stores and browsing the isles because you are now going to have to pay a premium for that experience. Honestly, shopping online (esp. Amazon and eBay) is actually cheaper now for most things IMO, this is just accelerating the death of physical retail."}
{"_id": "187882", "title": "", "text": "No. Loss of most senior executives is the worst possible thing, short of an accounting scandal, which can happen prior to an IPO.  Mind you, if Uber ever *does* IPO it will be yuge and drop precipitously. The company is worth maybe 5% of its most recent funding round valuation. People need to get a grip."}
{"_id": "187885", "title": "", "text": "&gt;But productivity should increase likewise driving prices down by the same amount.      Really? My experience in business has been that when we lower production costs the last thing that we do is lower the price. In fact I've never known it to happen."}
{"_id": "187893", "title": "", "text": "\"As the OP expressed their thought it seemed to me they were suggesting anyones (or rather anyone who is \"\"Rich\"\" however *that* is defined*) non-invested money be taxed at this high rate and that strikes me as hopelessly naive. You don't think they would leave the country or \"\"invest it\"\" in a savings account earning .05% (or most likely spread across many so it was FDIC insured)?   &gt; I bet the rich would find something to do with that idle cash overnight if it was taxed at a 75% rate or so.    They were basically suggesting the US government sieze the savings of wealthy people.   The question of whether the highest effective tax rate **on income** should be raised is  a completely different discussion. Personally I favor a higher tax rate and some new tax brackets for the very highest earners. I don't really think it's necessarily *fair* in a progressive system to treat the rich as a \"\"piggy bank\"\" but it is what it is. They benefit the most so they are called to contribute the most.   I think I'd favor some kind of Alternative Minimum Tax for rich people so they had to pay a minimum of 30ish% of their income above some sort of cap (5 million per year? 100 million per year?) and capital gains  applied. This would close the Buffet loophole.   My biggest reason for this though is not because I don't think they *deserve* their money. It's because bottomless coffers basically guarantee that the legislation will be written for them and by them. There is always this tension between the poor and middle class that want more services and the upper class that wants to pay less taxes.   I am starting to get to the point where I think it might be better to have a smaller government (and less services) because they abuse their power (and our money) so much. ACTA, SOPA, NDAA, warrantless wiretaps, Afghanistan and Iraq wars, etc. I *do* like the idea of social safety nets but perhaps those should be more local.   Anyways, sorry for the wall of text.\""}
{"_id": "187897", "title": "", "text": "What you have suggested would work in Spain, Ireland, US, even Italy but not in Greece. Because the last piece of the cycle of money you outlined earlier would be that Greek economy would expand and the government would collect revenues.  The problem is that public and private projects in Greece are very expensive due to strict labor laws. A good chunk of any public money would end up in bank accounts outside Greece and the resultant building would be of poor quality and little use. In summary the Greek government would be even more debt, the economy would see very little benefit, no increase in tax revenue and you would end up with a useless structure.  Even if Greece hadn\u2019t joined the Euro it would either suffer from inflation or from a crisis similar to this. The global economic crisis has made the situation much worse, it is not the cause of the crisis, at least for Greece."}
{"_id": "187908", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.npr.org/2017/08/02/540975904/senate-republicans-dont-seem-too-worried-about-trumps-subsidy-threat) reduced by 90%. (I'm a bot) ***** &gt; Senate Republicans don&amp;#039;t appear to be too worried about President Trump&amp;#039;s latest round of threats.  &gt; Lamar Alexander, R-Tenn., and Patty Murray, D-Wash., announced the Senate Committee on Health, Education, Labor and Pensions would begin holding health care hearings in September.  &gt; The Trump administration could order the Office of Personnel Management to reverse that ruling, and leave lawmakers and staffers to fully fund their health insurance costs themselves.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6r43zh/trump_threatens_congress_health_care/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~181295 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Insurance**^#1 **Trump**^#2 **health**^#3 **Senate**^#4 **bailout**^#5\""}
{"_id": "187909", "title": "", "text": "Adriana is the excellent rings shop in California. We offer the first-class offers a huge array of fashionable designed jewelry and add-ons for ladies, guys and children. We try to make you look your satisfactory with the modern and the greatest. With more than 1,000 designs. For the younger era increasingly more famous to put on allure bracelets and necklaces. We provide the all personalized rings for all elderly. Many humans most effective wear rings, however every women wear the more rings. If you need to purchasing the Emerald earrings jewellery, you can go to our store and get the fashionable designed rings at the low priced charge."}
{"_id": "187920", "title": "", "text": "\"If the only jobs you have around you are manual labor, dead-end employment where there are no skills to be garnered, if you have other options you will take them.  That is the problem with the current state of this country. Instead of being thankful for the job you have and taking advantage of opportunities, it is okay for an individual to just \"\"sit it out\"\" and sponge of the rest of society. It is to easy and to lucrative now to just do nothing.\""}
{"_id": "187946", "title": "", "text": "I understand that they made a mistake but I think we're missing the point here. Nothing in business goes swimmingly and besides, if you aren't making mistakes, you aren't trying anything new. I think the media is blinded by short-term macroeconomic factors, meagre company issues and forecasts. Forecasts are just that, forecasts. They're not certain and of course, some years they'll miss them. That's no problem. Management is actively engaged in resolving these issues and they're aware of them, they're not complacent. They're expected to sell roughly $1.6 billion of Teavana products through Starbucks this year and are expanding Teavana's offerings through Anheuser-Busch.   When Starbucks opened their first store in Chicago, it underperformed. Needless to say, Starbucks is flourishing today.   I think we all need to take a step back here and focus on long-term objectives rather than insignificant short-term issues when management are prudently resolving them."}
{"_id": "187949", "title": "", "text": "I'm going to assume that the 401K is not a Roth.  If that's the case, no, you should not withdraw from your 401K to pay off your mortgage. You will pay taxes on the withdrawal as if it is income, and that loss will far exceed the 6% you are paying in interest on the mortgage (which is deductable, so may actually be less than 6% all things considered). The calculation is really more complicated, but in general, this sounds like a bad idea."}
{"_id": "187975", "title": "", "text": "There is no segregation of amounts that you have in Rollover (Traditional) IRAs when it comes to figuring out how much of your basis is being converted from  your Traditional IRA into a Roth IRA.   So, yes, you will lose the benefit of being able to make nondeductible contributions to your Traditional IRA each year and rolling them over into a Roth IRA without tax consequences. Since your  401k amount may be  substantially more than the $5K basis you create each year, converting the 401k amount into a Traditional IRA will mean that most of the money converted to the Roth IRA is pre-tax money, and so you end up paying tax on most of the converted amount."}
{"_id": "187981", "title": "", "text": "Are you under the assumption that an employer gives vacation because of laws?? I'll assume you are European and inform you that in America there are no laws requiring vacation days. It's up each individual company to set their policies on it. They can take and they can give if you don't like it your only option is quitting."}
{"_id": "188015", "title": "", "text": "This is a case where human nature and arithmetic lead to different results. Depending on the your income, the effective interest rate on the mortgage is probably right around 2.5%.  So purely by arithmetic, the absolute cheapest way to go is to put the $11k to the bigger car loan, then pay off the mortgage, then the smaller car loan. The Debt Snowball is more effective however, because it works better for people. Progress is demonstrated quickly, which maintains (and often enhances) motivation to continue.  I can say as a case in point, having tried both methods, that if does indeed work.  So, I am with you ... pay off the car loan first, and roll that payment into the bigger car loan. If you add no extra dollars, you should get the small loan paid off in 6 to 8 months and the bigger car loan in another 16 to 18 months. It sounds like from your message that you have another $1500 or so a month.  If that is the case ... small loan paid off in two months, bigger loan paid off in another year.  If you stick with the Ramsay program, you then build an emergency fund and start investing. Good luck!"}
{"_id": "188023", "title": "", "text": "Mark Zuckerburg is a mixture of hard work, intelligence, and soullessness.  He spent more time working, reading, or studying, when others were out drinking.  That's the story of most successful people.  They spend their time taking risk, so they make their own luck.  Sure, it boils down to luck, but you can't be lucky if you don't play.  What people like to hear worse is that they can make their own success.  Though success on the Facebook level seems to have some aspects of luck, most successful people are successful because they spend their time taking risk.  If you are working for someone else, you are not taking a risk.  If you are goofing off, you are not really taking a risk.  Unless you are specifically building project for profit, or performing some service, this luck will never shine down on you."}
{"_id": "188028", "title": "", "text": "\"I'm not sure if this answer is going to win me many friends on reddit, but here goes...  There's no good reason why they couldn't have just told him the current balance shown on their records, BUT...  **There are some good reasons why they can't quote a definitive \"\"payoff\"\" balance to instantly settle the account:**  It's very possible to charge something today, and not have it show up on Chase's records until tomorrow, or Monday, or later. There are still places that process paper credit-card transactions, or that deal with 3rd-party payment processors who reconcile transactions M-F, 9-5ish, and so on.   - Most transactions these days are authorized the instant you swipe the card, and the merchant won't process until they get authorization back from the CC company. But sometimes those authorizations come from third-party processors who don't bill Chase until later. Some of them might not process a Friday afternoon transaction until close-of-business Monday.   - Also, there are things like taxicab fares that might be collected when you exit the cab, but the record exists only in the taxi's onboard machine until they plug it into something else at the end of the shift.   - There are still some situations (outdoor flea-markets, auctions, etc) where the merchant takes a paper imprint, and doesn't actually process the payment until they physically mail it in or whatever.   - Some small businesses have information-security routines in place where only one person is allowed to process credit-card payments, but where multiple customer service reps are allowed to accept the CC info, write it down on one piece of paper, then either physically hand the paper to the person with processing rights, or deposit the paper in a locked office or mail-slot for later processing. This is obviously not an instant-update system for Chase. (Believe it or not, this system is actually considered to be *more* secure than retaining computerized records unless the business has very rigorous end-to-end info security).   So... there are a bunch of legit reasons why a CC company can't necessarily tell you this instant that you only need to pay $x and no more to close the account (although there is no good reason why they shouldn't be able to quote your current balance).   What happens when you \"\"close an account\"\" is basically that they stop accepting new charges that were *made* after your notification, but they will still accept and bill you for legit charges that you incurred before you gave them notice. So basically, they \"\"turn off\"\" the credit-card, but they can't guarantee how much you owe until the next billing cycle after this one closes:  - You notify them to \"\"close\"\" the account. They stop authorizing new charges.   - Their merchant agreements basically give the merchant a certain window to process charges. The CC company process legit charges that were made prior to \"\"closing\"\" the account.   - The CC company sends you the final statement *after* that window for any charges has expired,  - When that final statement is paid (or if it is zero), *THAT* is when the account is settled and reported to Equifax etc as \"\"paid\"\".   So it's hard to tell from your post who was being overly semantic/unreasonable. If the CC company refused to tell the current balance, they were just being dickheads. But if they refused to promise that the current balance shown is enough to instantly settle the account forever, they had legit reasons.  Hope that helps.\""}
{"_id": "188030", "title": "", "text": "This is a terrible mentality. You don't need to hit another qualification to magically find job offers (though of course it wouldn't hurt). You need to go to some clubs and network. Get to know the industry. Find out what hiring managers want that wasn't apparent with you the first time."}
{"_id": "188064", "title": "", "text": "Humans are like a parasite to the planet.\u00a0 Our Corporatocracy promotes growth because it makes them more money.\u00a0 People follow suit because they were told it is good.\u00a0 Those who promote capitalism are the ones who enjoy all the benefits of society.\u00a0 The rich get socialism and the rest get financial slavery.\u00a0 Very short sighted and lacking critical thinking.\u00a0 Man without vision shall perish."}
{"_id": "188065", "title": "", "text": "I bought a 4.7 inch Nexus 4 about 18 months ago. At the time, I didn't really want a screen that big - it seemed obnoxiously large. I bought it because there wasn't a smaller-screened similarly priced and specced phone.  It took me about a week of use to get used to it. Now, when I try and use an iPhone the screen seems comically small.  The article is an opinion piece, written by someone who clearly hasn't spent much time using a larger-screened phone. I felt exactly the same way about bigger screens *until I started using one*. The huge advantages in reading and viewing photos quickly became obvious, and I got used to holding a larger phone."}
{"_id": "188072", "title": "", "text": "\"If you enter the transactions as you execute them (and categorize them then), Quicken will attempt to Match downloaded transactions with ones already in the register.  \"\"Memorized transactions\"\" with known parties can also help. My credit card downloads actually come with a rough categorization provided by the vendor; that may or may not be accurate enough to save you some work.\""}
{"_id": "188098", "title": "", "text": "\"I saw that page, it's just a **page of text** with some **random buzzwords** and some sentences **bolded at random**  It's a rambling and rather incoherent read and difficult to extract any pertinent information from, but from what I can gather she appears to sell some kind of training materials to freelancers. Well good for her - she can join the countless others who do the same thing but don't brag about it so obnoxiously on interweb message boards and describe themselves as \"\"bootstrappy\"\".\""}
{"_id": "188106", "title": "", "text": "If the buyside was showing demand, what's wrong with HFT for reacting with supply?  The example you gave is akin to me going from car dealership to car dealership yelling loudly about what car I want and the price I'd like it at - would you be upset if someone heard you and decided to sell their car to you later down the line? In this case, the buy side trader is being **stupid**. This is a major critique many people have with Brad K. Instead of serially going from exchange to exchange, he could have sent orders to all exchanges at the same time (parallel!) and likely received much better prices. In my opinion, the HFT player here is simply facilitating price discovery by reacting to demand - as a market maker that's his job.   [Here's a good article. Let me know what you think.](http://www.cnbc.com/id/101551570)"}
{"_id": "188112", "title": "", "text": "Hi, apologize for my English. Extremely moronic question incoming (corporate finance, Modigliani&amp;Miller).  Let's say an unlevered company is valued at 1 bln: it issues 200 mln of debt and the corporate tax is at 40%.  What is its value now? The sum of unlevered value, fiscal shield (200*0.4) and debt or just the sum of unlevered value and fiscal shield?"}
{"_id": "188122", "title": "", "text": "\"Thanks for your contribution. Of course, I won't be growing them into multi-billion dollar centers, but I was hired to \"\"help\"\" them grow.   The question is about how I can learn about a specific type of business. Please do share if you have ideas.\""}
{"_id": "188129", "title": "", "text": "It's not primarily more people investing. In the 1980s stock exchanges went from open outcry trading floors where all trades involved actually exchanging pieces of paper to electronic trading. Once that happened, it wasn't long before most trades were executed by computer programs rather than human beings, turning stocks over rapidly for very short-term profits rather than long-term investment, greatly increasing  the number of trades (and also increasing liquidity for the actual investors; it's by no means all bad)."}
{"_id": "188145", "title": "", "text": "In my area, motor fuel taxes pay for road maintenance. The state of Illinois takes a share and send the rest to my local government. They are required to use the money only for roads. It is never enough to pay for all needed repairs, so roads are repaired based on state use estimates, road commissioner decisions and local board directions."}
{"_id": "188152", "title": "", "text": "hmmm. I think it's because in both cases, you must pay for it up front, before the positions are closed out. You own nothing except the right to buy the stock re: the call, and the obligation to buy the stock re: the short.  You buy a call, but must borrow the stock, for which you must put some margin collateral and there is a cost to borrow. You pay for that, of course.  I wouldn't call it lending though."}
{"_id": "188167", "title": "", "text": "\"Do not use a shared bank account.  One of you can cash/deposit the check in your personal account and then either pay the others in the group cash or write them a check.  You open yourself up to many, many problems sharing a bank account and/or money.  Treat it like a business as far as income goes, but I would not recommend any type of formal business, LLC, partnership, sole proprietorship, etc. For federal taxes, you just keep track of how much \"\"you\"\" personally are paid and report that at the end of the year as income, most likely on a 1040EZ 1040SE, along with any other income you have.\""}
{"_id": "188175", "title": "", "text": "Except: it's a material concern at every company.  If the senior executives all quit at the same time, this is going to be problematic no matter what company we're discussing.  I wouldn't be surprised if most 10-Ks have similar generic language."}
{"_id": "188199", "title": "", "text": "It depends on the group of Americans that you are focused on.  If you are Mitt Romney or part of his NASCAR Team Owning pals, austerity rocks!  However, if you are Joe Shit the Rag Man wearing a NASCAR T-Shirt. stimulus is sweet."}
{"_id": "188200", "title": "", "text": "I think it is just how blatantly they broke these rules and the over the top nature of the questions.  Not only do you have to be Christian but you have to be born again and show up early for Bible study."}
{"_id": "188220", "title": "", "text": "Profits and losses in a partnership, LLC or S-corp are always reported proportional to the share of ownership. If you have a 30% share in a partnership, you will report 30% of the profit (or loss) of the respective tax year on your personal return. If you look at Part II, section J of your K-1, it should show your percentage of ownership in the entity. All numbers in Part III should reflect the amount of your share (not the entity's total amounts, which will be on Form 1065 for a partnership):"}
{"_id": "188232", "title": "", "text": "\"Isn't it true that on the ex-dividend date, the price of the stock goes down roughly the amount of the dividend? That is, what you gain in dividend, you lose in price drop. Yes and No. It Depends! Generally stocks move up and down during the market, and become more volatile on some news. So One can't truly measure if the stock has gone down by the extent of dividend as one cannot isolate other factors for what is a normal share movement. There are time when the prices infact moves up. Now would it have moved more if there was no dividend is speculative. Secondly the dividends are very small percentage compared to the shares trading price. Generally even if 100% dividend are announced, they are on the share capital. On share prices dividends would be less than 1%. Hence it becomes more difficult to measure the movement of stock. Note if the dividend is greater than a said percentage, there are rules that give guidelines to factor this in options and other area etc. Lets not mix these exceptions. Why is everyone making a big deal out of the amount that companies pay in dividends then? Why do some people call themselves \"\"dividend investors\"\"? It doesn't seem to make much sense. There are some set of investors who are passive. i.e. they want to invest in good stock, but don't want to sell it; i.e. more like keep it for long time. At the same time they want some cash potentially to spend; similar to interest received on Bank Deposits. This class of share holders, it makes sense to invest into companies that give dividends, as year on year they keep receiving some money. If they on the other hand has invested into a company that does not give dividends, they would have to sell some units to get the same money back. This is the catch. They have to sell in whole units, there is brokerage, fees, etc, there are tax events. Some countries have taxes that are more friendly to dividends than capital gains. Thus its an individual choice whether to invest into companies that give good dividends or into companies that don't give dividends.  Giving or not giving dividends does not make a company good or bad.\""}
{"_id": "188270", "title": "", "text": "\"I agree... I doubt if the people replying actually read the article.. here is her argument \"\"Millennial consumers are more attracted than their elders to cooking at home, ordering delivery from restaurants and eating quickly, in fast-casual or quick-serve restaurants,\"\" Smith wrote. \"\"Mall traffic has slowed. And, surprisingly, television viewership of sporting events (important for us, especially) is down.\"\"  And while the comments regarding the food may be correct, I doubt a CEO is going to publicly state \"\"oh, and we've been serving shit food\"\"... even if that may be part of the strategy to improve.\""}
{"_id": "188280", "title": "", "text": "\"&gt;If you can't afford basic goods, why do you consider yourself middle class?   It's been my anecdotal experience that in America, most people consider themselves \"\"middle class.\"\" The well-off never think they are well-off enough, and the (working class, working poor, etc.) don't want to admit they are in dire straits.\""}
{"_id": "188287", "title": "", "text": "I think Facebook got ripped-off. Lucas film have solid earning and proven franchise that will run for at least several generations to come while Instagrams is more like a fad but then Facebook is a fad so maybe not so much of rip off."}
{"_id": "188289", "title": "", "text": "\"You raise a good point about the higher marginal rates for 401K but things will be different, in retirement, than they are for you now.  First off you are going to have a \"\"boat load\"\" of money.  Like probably a multi-millionaire.  Also your ability to invest will (probably) increase greater than the maximum allowable to invest.  For this money you might choose to invest in real estate, debt payoff, or non-qualified mutual funds.   So fast forward to retirement time.  You have a few million in your 401K, you own your house and car(s) outright and maybe a couple of rental properties.  For one your expenses are much lower.  You don't have to invest, pay social security taxes, or service debt.  Clothing, gas, dry cleaning are all lower as well.   You will draw some income off of non-qualified plans.  This might include rental real estate, business income, or equity investments.  You can also draw social security income.  For most of us social security will provide sustenance living.  Enough for food, medical, transportation, etc.  Add in some non-qualified income and the fact that you are debt free, or nearly so, and you might not need to draw on your 401K.   Plus if you do need to withdraw you can cherry pick when and what amount you withdraw.  Compare that to now, your employer pays you your salary.  Most of us do not have the ability to defer our compensation.  With a 401K you can! For example lets say you want a new car where you need to withdraw from your 401K to pay for it.   In retirement you can withdraw the full amount and pay cash.  Part of this money will be taxed at the lowest rate, part at higher rates.  (Car price dependent.) In retirement you can take a low interest or free loan and only withdraw enough to make the payments this year.  Presumably this will be at the lowest rate. Now you only have one choice:  Using your top marginal rate to pay for the car.  It doesn't matter if you have a loan or not.\""}
{"_id": "188296", "title": "", "text": "https://www.ato.gov.au/Business/GST/ Some of the costs are indeed related to the conversion rate, which, as we all know,changes daily. You don't say whether you're using a credit card. If so, some cards do charge foreign transaction fees; some do not. However, Australia, like many European countries, does use a VAT system. Therefore your charges will be increased. Please be aware that these taxes are built into the economic system. In many cases, you van apply for and receive a waiver to be reimbursed if the purchase is made through a duty free store."}
{"_id": "188327", "title": "", "text": "Without running the numbers, if they are close I prefer a 401K over DB.  With a 401K the money is yours, with a DB you are at the mercy of the employer.  Two things could happen:  You could lose your job or they could just take away or reduce the DB.   In my mind DB is much higher risk than 401K."}
{"_id": "188338", "title": "", "text": "By definition, this is a payroll deduction. There's no mechanism for you to tell the 401(k) administrator that a Jan-15 deposit is to be credited for 2016 instead of 2017. (As is common for IRAs where you do have the 'until tax time' option) If you are paid weekly, semi-monthly, or monthly, 12/31 is a Saturday this year and should leave no ambiguity about the date of your last check.  The only unknown for me if if one is paid bi-weekly, and has a check covering 12/25 - 1/7. Payroll/HR will need to answer whether that check is considered all in 2016, all in 2017 or split between the two."}
{"_id": "188344", "title": "", "text": "What I'm going to write is far too long for a comment, so I'll put it here even though its not an answer. That's the closest thing to an answer you'll get here, I'm afraid. I'm not a tax professional, and you cannot rely on anything I say, as you undoubtedly know. But I'll give you some pointers. Things you should be researching when you have international clients: Check if Sec. 402 can apply to the pension funds, if so your life may become much easier. If not, and you have no idea what you're doing - consider referring the client elsewhere. You can end up with quite a liability suit if you make a mistake here, because the penalties on not filing the right piece of paper are enormous."}
{"_id": "188346", "title": "", "text": "The user who wrote the Zerohedge item: The CBS article: The Quora estimate is similar to the Zerohedge one (estimated a round value of 1000 PE and a price of 70-80). Note that it was 30 days after the first 2 items you quoted. You used the CBS numbers except you used the zerohedge price.  It depends on which earnings were for each calculation. Past or future. The CBS numbers make the most sense because you can trace where they come from based on the links in their article.  CBS based their price on the estimates made the day before the stock went on sale. The price in the zerohedge item was based on the early trading numbers."}
{"_id": "188364", "title": "", "text": "\"This probably won't be a popular answer due to the many number of disadvantaged market participants out there but: Yes, it is possible to distort the markets for securities this way. But it is more useful to understand how this works for any market (since it is illegal in securities markets where company shares are involves).  Since you asked about the company Apple, you should be aware this is a form of market manipulation and is illegal... when dealing with securities. In any supply and demand market this is possible especially during periods when other market participants are not prevalent. Now the way to do this usually involves having multiple accounts you control, where you are acting as multiple market participants with different brokers etc. The most crafty ways to do with involve shell companies w/ brokerage accounts but this is usually to mask illegal behavior In the securities markets where there are consequences for manipulating the shares of securities. In other markets this is not necessary because there is no authority prohibiting this kind of trading behavior. Account B buys from Account A, account A buys from Account B, etc. The biggest issue is getting all of the accounts capitalized initially. The third issue is then actually being able to make a profit from doing this at all. Because eventually one of your accounts will have all of the shares or whatever, and there would still be no way to sell them because there are no other market participants to sell to, since you were the only one moving the price. Therefore this kind of market manipulation is coupled with \"\"promotions\"\" to attract liquidity to a financial product. (NOTE the mere fact of a promotion does not mean that illegal trading behavior is occurring, but it does usually mean that someone else is selling into the liquidity) Another way to make this kind of trading behavior profitable is via the derivatives market. Options contracts are priced solely by the trading price of the underlying asset, so even if your multiple account trading could only at best break even when you sell your final holdings (basically resetting the price to where it was because you started distorting it), this is fine because your real trade is in the options market. Lets say Apple was trading at $200 , the options contract at the $200 strike is a call trading at $1 with no intrinsic value. You can buy to open several thousand of the $200 strike without distorting the shares market at all,  then in the shares market you bid up Apple to $210, now your options contract is trading at $11 with $10 of intrinsic value, so you just made 1000% gain and are able to sell to close those call options. Then you unwind the rest of your trade and sell your $210 apple shares, probably for $200 or $198 or less (because there are few market participants that actually valued the shares for that high, the real bidders are at $200 and lower). This is hardly a discreet thing to do, so like I mentioned before, this is illegal in markets where actual company shares are involved and should not be attempted in stock markets but other markets won't have the same prohibitions, this is a general inefficiency in capital markets in general and certain derivatives pricing formulas. It is important to understand these things if you plan to participate in markets that claim to be fair. There is nothing novel about this sort of thing, and it is just a problem of allocating enough capital to do so.\""}
{"_id": "188365", "title": "", "text": "The affordable holiday is perfect for individuals who are on a tight price range or just extremely hate money. Such individuals are misers and like to increase their bank balance every month. These holidays are just as enjoyable as plenty of additional holidays and if you do not let know your close relatives members that it is, in fact, a cheap accommodation, they would certainly not be able to impress the difference. And the credit goes to used TRAVEL GUYS ONLINEr for providing an all inclusive holiday and Hotel Deals."}
{"_id": "188373", "title": "", "text": "\"Like everybody else I'm picking up on the school loans - you're mother isn't exactly earning a massive amount of money given her cost of living, why is she taking out student loans that benefit you and your sister? I'm not trying to be offensive but it's fairly obvious that she can't afford it. As a first step I think you should at least take over paying your own student loans (you sound like you're out of college already and if you have $8k to \"\"lend\"\" to your mother you probably have enough money to pay the student loans that benefited you, after all) or as someone else also recommended, assume your loans. As to your sister, maybe it's time for her to get (another) job to pay for the tuition so her mother doesn't have to go further into debt. Again, I'm not trying to be mean here but your mother is digging herself deeper and deeper into a hole because of the tuition. Something's gotta give, and delivering pizza or getting a paper round is a small sacrifice here. Next, the car - unless she has a managed to work herself out of some of this mess, I would consider getting a much cheaper car instead. This is provided that she isn't upside down on the loan. Personally I wouldn't trade in a vehicle with an upside down loan, if anything that's another bad financial decision. Assuming that she isn't upside down on the loan and has some equity in the car, I would seriously consider selling the car and using the equity to buy something small and cheap. That should also hopefully reduce the cost of gas and maybe insurance somewhat. I think these points are probably the quickest steps that can be taken towards recovering this situation. You already mentioned the longer term plans like downsizing the apartment, but TBH I'm not sure that this is really necessary. The big elephant in the room are the college costs and removing those from the equation would give her a serious amount of breathing room.\""}
{"_id": "188384", "title": "", "text": "\"I got $3394.83 The first problem with this is that it is backwards.  The NPV (Net Present Value) of three future payments of $997 has to be less than the nominal value.  The nominal value is simple:  $2991.   First step, convert the 8% annual return from the stock market to a monthly return.  Everyone else assumed that the 8% is a monthly return, but that is clearly absurd.  The correct way to do this would be to solve for m in  But we often approximate this by dividing 8% by 12, which would be .67%.  Either way, you divide each payment by the number of months of compounding.   Sum those up using m equal to about .64% (I left the calculated value in memory and used that rather than the rounded value) and you get about $2952.92 which is smaller than $2991.   Obviously $2952.92 is much larger than $2495 and you should not do this.  If the three payments were $842.39 instead, then it would about break even.   Note that this neglects risk.  In a three month period, the stock market is as likely to fall short of an annualized 8% return as to beat it.  This would make more sense if your alternative was to pay off some of your mortgage immediately and take the payments or yp pay a lump sum now and increase future mortgage payments.  Then your return would be safer.   Someone noted in a comment that we would normally base the NPV on the interest rate of the payments.  That's for calculating the NPV to the one making the loan.  Here, we want to calculate the NPV for the borrower.  So the question is what the borrower would do with the money if making payments and not the lump sum.   The question assumes that the borrower would invest in the stock market, which is a risky option and not normally advisable.  I suggest a mortgage based alternative.  If the borrower is going to stuff the money under the mattress until needed, then the answer is simple.  The nominal value of $2991 is also the NPV, as mattresses don't pay interest.  Similarly, many banks don't pay interest on checking these days.  So for someone facing a real decision like this, I'd almost always recommend paying the lump sum and getting it over with.  Even if the payments are \"\"same as cash\"\" with no premium charged.\""}
{"_id": "188406", "title": "", "text": "Credit scoring has changed since the time of this question (July 2017) and it is now possible that having a high available credit balance can negatively affect your credit score. ... VantageScore will now mark a borrower negatively for having   excessively large credit card limits, on the theory that the person   could run up a high credit card debt quickly. Those who have prime   credit scores may be hurt the most, since they are most likely to have   multiple cards open. But those who like to play the credit card   rewards program points game could be affected as well. source"}
{"_id": "188423", "title": "", "text": "As a customer I absolutely hate aggressive marketing . If a shop aggressively markets to me I avoid it - this is why I avoid [Shell](http://www.shell.com/) and [WHSmith](http://whsmith.com/) . It is also why I prefer to shop at [Morrisons](http://www.morrisons.co.uk/) rather than at [Tesco](http://www.tesco.com/) ( although I will use the machines there ) . And it is also why , as a corpoprate and as a personal buyer , after 15 years , I will no longer be buying Toshiba - their laptops now come infested with spyware and adware . I also pulled out of LinkedIn when they started spamming me repeatedly despite me saying no marketing emails . I also avoid getting my car serviced in the UK because of all the agressive marketing .  I don't put my details on marketing lists - I keep very tight control of address details including email addresses and I use source based email addresses so I can easily cut out any offending party .  Re, Ford - why does he \\ they no longer sell just black cars ?!  The companies that do their marketing well succeed very well . From what I have read [Steam](http://store.steampowered.com/) is one of these .  We have a massive situation at the moment where many of the large corporations are having huge problems with getting sufficient sales - they are going the way of the dinosaurs . Part of this is that their customer base has been so impoverished that they can't afford to buy their products . But a large part of it is that they no longer supply the products , the price and the service that the customers are looking for . So customers look elsewhere and they get elsewhere - they find the products they want at a good price and with good service on the Internet and these are usually supplied by small and medium sized companies that are much more nimble . It's a case of bottom up progressive evolution winning over top down mass extinction events .  There are a number of products that I have difficulty locating . One such range is men's clothes . The main stores don't stock what I am looking for . I can find what I am looking for in the odd small store in some parts of the world some of the time and I can find what I am looking for on the Internet - if the vendor's web site would work . Does this mean that I walk around dressed like a 15yr old ? No ! - it means that I hold off purchases - things that I would normally purchase every 2 years now get purchased every 6 years ."}
{"_id": "188431", "title": "", "text": "We provide the  IELTS certificate services depending on your needs in the world. In the United States and numerous professional organizations across the world also accept ielts. If you want to go to the USA for a job, then you will need ielts certificate. You can buy ielts certificates without taking exams on our website. We will provide the best Ielts online score, No need to Attend any exam."}
{"_id": "188440", "title": "", "text": "Rich people don't know what to do with the money they have. Poor people don't know what to do without any money. Idiots are literally running the world. The hardest part of growing up is finding out that no one is in control and no one knows what they are doing."}
{"_id": "188446", "title": "", "text": "And emphysema. Smoking causes that. Cannabis also don't have strong pain killing properties...so using it as a pain killer would suck. Just because it's not addictive, you can still develop physical dependency on weed.  I'm not against weed, but I feel it's important to throw in all the facts and let people make an informed decision on whether they want to partake or not.  Opioids are highly addictive. It's a great pain killer through. If controlled properly, it does work."}
{"_id": "188461", "title": "", "text": "What you're looking for is expected value. Let's say you invest $1000 in option A, and later discover that you are going to lose 20%.  So the expected value of option A is $800. If option B has a 50% chance of losing 50%, and a 50% of gaining 20%, then your expected value is $650 ($650 = $1000 * (50% * 50% + 50% * 20%)). $800 > $650, so you should stay with option A. In the real world, you usually don't know the exact odds and percentages, so substitute in your best guesses.  This may lead to suboptimal results, but only if your estimations are wrong; the formula itself is ideal."}
{"_id": "188465", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-china-economy-rating-idUSKBN18M06Z) reduced by 89%. (I'm a bot) ***** &gt; BEIJING China&amp;#039;s structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody&amp;#039;s said.  &gt; While Moody&amp;#039;s believes the reforms may slow the pace at which debt is rising, they will not be enough to arrest the trend and levels will not drop dramatically, Diron said.  &gt; &amp;quot;If in the future China&amp;#039;s structural reforms can prevent its leverage from rising more effectively without increasing risks in the banking and shadow banking sector, then it will have a positive impact on China&amp;#039;s rating,&amp;quot; Li said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejbr3/chinas_reforms_not_enough_to_arrest_mounting_debt/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133519 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **China**^#1 **rate**^#2 **debt**^#3 **year**^#4 **Moody&amp;#039;s**^#5\""}
{"_id": "188473", "title": "", "text": "Yes, if you gift him with a large amount you may be liable for gift tax. I believe the current limit is still $17k per person per person per year, so between you and your spouse you could give him up to $34k per year without triggering gift tax. If you want to give a larger sum, the standard workaround is an intra-family loan. Websearch for that phrase to learn more about it, but basically you loan the money and then gift the payments on the loan. This gives him the money up front, spreading the gift over subsequent years --but it requires that you declare the interest that he is supposedly paying you as income. There is a lower limit on the interest rate for these loans, but it's a fraction of a percent so this generally isn't a significant cost. (If you are able to structure the loan as a mortgage, he may be able to deduct the interest from his taxes. That usually requires a few hundred dollars if paperwork to set up.) I've done it. It works. And one of the advantages is that it puts the exact terms of the lian on paper where everyone can agree to them, which could be useful should there be arguments later on.  When doing business with friends and relatives, keeping it on a clear business contract basis is the best way to avoid destroying the friendship."}
{"_id": "188485", "title": "", "text": "Meanwhile, income tax is still based on the premise that the government owns your income (property).  The government owns all of it and decides how much you get to keep.  This is theft based on force.  Meanwhile, Gary Johnson wants to end all income taxes including business income taxes and replace it with a federal consumption tax.  Doesn't anyone want freedom?"}
{"_id": "188497", "title": "", "text": "The idea of an index is that it is representative of the market (or a specific market segment) as a whole, so it will move as the market does. Thus, past performance is not really relevant, unless you want to bank on relative differences between different countries' economies. But that's not the point. By far the most important aspect when choosing index funds is the ongoing cost, usually expressed as Total Expense Ratio (TER), which tells you how much of your investment will be eaten up by trading fees and to pay the funds' operating costs (and profits). This is where index funds beat traditional actively managed funds - it should be below 0.5% The next question is how buying and selling the funds works and what costs it incurs. Do you have to open a dedicated account or can you use a brokerage account at your bank? Is there an account management fee? Do you have to buy the funds at a markup (can you get a discount on it)? Are there flat trading fees? Is there a minimum investment? What lot sizes are possible? Can you set up a monthly payment plan? Can you automatically reinvest dividends/coupons?  Then of course you have to decide which index, i.e. which market you want to buy into. My answer in the other question apparently didn't make it clear, but I was talking only about stock indices. You should generally stick to broad, established indices like the MSCI World, S&P 500, Euro Stoxx, or in Australia the All Ordinaries. Among those, it makes some sense to just choose your home country's main index, because that eliminates currency risk and is also often cheaper. Alternatively, you might want to use the opportunity to diversify internationally so that if your country's economy tanks, you won't lose your job and see your investment take a dive. Finally, you should of course choose a well-established, reputable issuer. But this isn't really a business for startups (neither shady nor disruptively consumer-friendly) anyway."}
{"_id": "188500", "title": "", "text": "Learn to use contractions before you insult other people's intelligence.  You won't get audited for use tax only, but you might get your tax filings audited. If the state audits you, they will check for online purchases on your credit card statements.   I know from experience that the state of Florida put state troopers in trucking weigh stations on the interstate to look through freight bills from .com companies, gathered the delivery addresses, and audited at least some of those people.  I also know North Carolina and Louisiana look for use tax dodging during a regular audit.   I would urge you to think about why facts upset you to the point of name calling. It make no sense."}
{"_id": "188504", "title": "", "text": "Higher business tax rates, incentivises businesses to spend to avoid taxes.  spending is always either on more employees, or buying things that supports more employees in other companies.  Its easily possible (links provided elsewhere in thread) to have higher tax rates without incentivizing the moving of HQs for tax arbitrage.  Globalized production is motivated much more by labour costs than it is by tax rates, but its also easy to use higher tax rates to encourage local spending.  Economists don't lobby politicians.  Only liars need to do that."}
{"_id": "188508", "title": "", "text": "Money laundering alarms would definitely be raised, way before you walking in with the cash to deposit. Every cash transaction over $10K will be reported by the bank (and not only banks have to report), so the report will be sent when you withdraw the money, as well. But if the money is legitimately yours and you can show the sources, then you shouldn't be worried. There's no law against having cash. Its just very hard to track down the cash money sources, and if someone asks you and you cannot show the proofs - the problem would definitely be yours."}
{"_id": "188510", "title": "", "text": "Seems like the straightforward answer is to call the provider and ask.  They should be able to tell you if you owe them or not.  Unfortunately, with small providers there is always a chance they won't get even that right; I would confirm exactly why they think you don't owe them anything if in fact you don't. Medical providers can go after you for years later, depending on your state; so don't assume just because it's been months that they won't eventually.  Smaller providers aren't terribly organized, but they do usually eventually go after most of those who owe them."}
{"_id": "188524", "title": "", "text": "\"It's hard to know what to tell you without knowing income, age, marital status, etc., so I'll give some general comments. ETFs come in all varieties.  Some have more volatility than others.  It all depends on what types of assets are in the fund. Right now it's tough to outpace inflation in an investment that's \"\"safe\"\" (CDs for example).  Online savings accounts pay 1% or less now. Invest only in what you understand, and only after everything else is taken care of (debt, living expenses, college costs, etc.)  A bank account is just fine.  You're investing in US Dollars.  Accumulating cash isn't a bad thing to do.\""}
{"_id": "188530", "title": "", "text": "You definitely have an argument for getting them to reverse the late fee, especially if it hasn't happened very often. (If you are late every month they may be less likely to forgive.) As for why this happens, it's not actually about business days, but instead it's based on when they know that you paid. In general, there are 2 ways for a company to mark a bill as paid: Late Fees: Some systems automatically assign late fees at the start of the day after the due date if money has not been received. In your case, if your bill was due on the 24th, the late fee was probably assessed at midnight of the 25th, and the payment arrived after that during the day of the 25th. You may have been able to initiate the payment on the company's website at 11:59pm on the 24th and not have received a late fee (or whatever their cutoff time is). Suggestion: as a rule of thumb, for utility bills whose due date and amount can vary slightly from month to month, you're usually better off setting up your payments on the company website to pull from your bank account, instead of setting up your bank account to push the payment to the company. This will ensure that you always get the bill paid on time and for the correct amount. If you still would rather push the payment from your bank account, then consider setting up the payment to arrive about 5 days early, to account for holidays and weekends."}
{"_id": "188531", "title": "", "text": "\"Concerning the general problem of short selling and the need to borrow shares to complete the transaction : Selling short is a cash transaction.  Unlike a futures contract, where a short seller is entering into a legal agreement to sell something in the future, in the case of short selling a share the buyer of the share is taking immediate delivery and is therefore entitled to all of the benefits and rights that come with share ownership.  In particular, the buyer of the shares is entitled to any dividends payable and, where applicable, to vote on motions at AGMs.  If the short seller has not borrowed the shares to sell, then buyer of non-existent shares will have none of the rights associated with ownership. The cash market is based on the idea of matching buyers and sellers.  It does not accommodate people making promises. Consider that to allow short sellers to sell shares they have not borrowed opens up the possibility of the aggregate market selling more shares than actually exist.  This would lead to all sorts of problematic consequences such as heavily distorting the price of the underlying share.  If everyone is selling shares they have not borrowed willy-nilly, then it will drive the price of the share down, much to the disadvantage of existing share holders. In this case, short sellers who have sold shares they have not already borrowed would be paying out more in dividends to the buyers than the total dividends being paid out by the underlying company. There are instruments that allow for short selling of unowned shares on a futures basis.  One example is a CFD = Contract for Difference.  In the case of CFDs, sellers are obliged to pay dividends to buyers as well as other  costs related to financing. EDIT Regarding your comment, note that borrowing shares is not a market transaction.  Your account does not show you buying a share and then selling it.  It simply shows you selling a share short.  The borrowing is the result of an agreement between yourself and the lender and this agreement is off market.  You do not actually pay the lender for the shares, but you do pay financing costs for the borrowing so long as you maintain your short position. EDIT I realise that I have not actually read your question correctly.  You are not actually talking about \"\"naked\"\" short selling.  You are talking about selling shares you already own in a hope of maintaining both a long and short position (gross).  The problem with this approach is that you must deliver the shares to the buyer.  Otherwise, ask yourself what shares is the buyer actually buying if you want the bought shares to remain in your account. If you are not going to deliver your long position shares, then you will need to borrow the shares you are selling short for the reasons I have outlined above.\""}
{"_id": "188540", "title": "", "text": "The best way to make money during a market correction is to be a financial services company handling transactions for people who think they can beat the market, and charging a percentage commission on each transaction, while keeping your own money somewhere nice and safe, stable and low-fee."}
{"_id": "188564", "title": "", "text": "\"as someone that works in finance, i will say it is really hard to get out of the sales web, regardless of where you are.  i don't want to discourage you, but you will need to get advanced degrees/certification to get into analysis or fund management. there are plenty of broker/service roles available at large broker-dealers, but you will take a pay cut and likely only advance to your current pay in those roles. and you will still have some \"\"soft\"\" sales responsibilities.  all that being said, if you want to go this route, go for it - and the sooner the better. if you are smart and hardworking, you can wrap up your bachelors in 2 years and then go for the CFA over the next 3. you'll need some luck to do the CFA in that amount of time (as there are 3 levels that take a minimum of 1 year each to complete), but you could potentially have some traction in 5-6 years.   so it would be difficult, but achievable. the CFA will qualify you for some corporate finance roles as well. i have some friends that were hired to these positions after only passing the first or second levels of CFA, but i believe they had accounting/finance background already.  i think that, regardless of your intermediate term plan, getting a bachelors is a great next move. it's a minimum in a growing number of financial roles. you can also look at getting the CFP, which is less demanding and quicker, but it will remove you less from the sales process. (you need a bachelors to qualify for the CFP, too)\""}
{"_id": "188571", "title": "", "text": "How many cable providers can you choose at your house? We can choose from exactly one. We could get DSL at 1/3 the speed.   High speed internet is pretty much a monopoly in this country, and is able to charge monopoly prices."}
{"_id": "188583", "title": "", "text": "If your property has been affected by the disaster of fire or smoke damage, it is important for you to have a specialist who can handle your entire situation from initial damage assessment to decontamination to rebuild. Our experience and certifications give us an edge over our competitors. http://www.securerestorationfla.com/fire_smoke_damage.php"}
{"_id": "188596", "title": "", "text": "You are always best off investing in things you understand. If you have a deep understanding of the aeronautical industry, say, you are a Vice President at Boeing and have been working at Boeing for 40 years, then that would be a reason for investing in that sector: because you may be able to better evaluate different companies in that sector. If you are a novice in the sector, or just have an amateur interest in it, then it may not be a good idea, because your knowledge may not be sufficient to give you much of an advantage. Before focusing on one investment of any type, industry sector based, or otherwise, you want to ask yourself: am I an expert in this subject? The answer to that question will have a big impact on your success."}
{"_id": "188617", "title": "", "text": "Same problem. I'm not suggesting there's a perfect formula that describes the world. I'm only suggesting that the axiomatic method used in pure math to derive new theorems (essentially formal logic) is a valid approach to understanding economics.   I'm sorry if I was less than clear about that."}
{"_id": "188618", "title": "", "text": "Well, with TiSA, even the smallest government procurements, down even to the municipal level, those contracts will have to [be liberalised](https://www.youtube.com/watch?v=2_pPqnbXpA4), opening them to bidding from companies from all around the world.  This will end those programs that steer jobs to a country's own companies or farms, often by means of means tested subsidies or carve outs for certain favored groups, stealing money from corporations.   Conservatives will be happy because all those New Deal style programs will be a thing of the past. The FTAs should also result in a vast expansion of the educational marketplace. [Like GATS](http://www.iatp.org/files/GATS_and_Public_Service_Systems.htm), the TiSA mandates massive irreversible privatization, but it [goes much further](http://www.world-psi.org/en/psi-special-report-tisa-versus-public-services)."}
{"_id": "188640", "title": "", "text": "They are the worst.  I knew all about these deceptive practices when I decided to open a checking account for my business with them in 2015.  I was working in a remote place and it was one of the two banks that had locations germane to both work sites.I didn't like signing up with them because of all this bullshit but hey, they had the branches, right?  Then I found out they were charging my workers $5 to cash checks.  Pressured them to open an account or else: $5.  Fuck you and the carriage you rode in on, Mr. Wells.  I went to the other small regional bank and even though they don't have a slick web interface that makes it easier for me they DON'T charge my guys to get their money.  Never again."}
{"_id": "188672", "title": "", "text": "Many mortgages penalize early payment, and I assume it's possible to disallow it altogether. It makes sense why they don't want early payment. If you pay off the loan early, it is usually because you re-financed it to a loan with a lower rate. You would do this when the interest rate is low (lower than when you got your original loan). If you pay it off early, that means they will have to re-invest the money again, or they will lose money if they just have it sitting around. However, recall above that people pay it off early when the interest rate is low; that is the worst time for them to re-invest this into another mortgage, because the rate will not be as good for them as the one you were originally going to keep paying."}
{"_id": "188676", "title": "", "text": "\"It is going to save you more money in the long run to pay at once with cash. If you take out a loan, you will pay interest on the balance, costing you money. If you pay off the balance immediately, there is no difference between the options and your question becomes irrelevant.  There is no credit rating benefit to placing large purchases on your cards, especially since your credit is fine. My advice is to pay in cash in this case, mostly because it makes you 'feel' the purchase. This is what you are describing in your question. This instinct helps you recognize potential problems, instead of masking them with debt. Questions like: \"\"Do I need this?\"\"  \"\"Am I overextending myself financially with this purchase?\"\"  \"\"Am I holding enough cash-on-hand for emergencies?\"\" You may be fine in these areas, but I would still argue that cash makes you a better buyer because the expense feels much more significant, making you more cautious and discerning.  You are right to feel these things before dropping a large sum of money. Let it inform you and help you make better decisions. Don't mask it or be paralyzed by it!\""}
{"_id": "188682", "title": "", "text": "\"This is an idea that was actually put into place more than a 100 years ago, in 1896 and even before, when the first electric cars were introduced and they even built \"\"service stations\"\" for them so you can swap the batteries. [read it here](https://cleantechnica.com/2015/04/26/electric-car-history/)  Even electric cars made by Tesla are nothing new.  And recently, a company called \"\"Better Place\"\", in Israel, produced modern electric cars with automated and robotic service stations that will swap the batteries for them. Read about \"\"Better Place\"\".  Bottom line: nothing new here for more than 100 years.\""}
{"_id": "188691", "title": "", "text": "The simple fact of the Matter is this, that the US will not attack NK because it has nuclear weapons, The Orange Tangerine may like to talk out of his ass all day long, its simply not something that is going to happen.  Countries that do not have nuclear weapons, get attacked and invaded, Iraq, Libya, Afghanistan, Syria, Crimea and soon unless they detonate a nuclear weapon and demonstrate the ability to deliver it . .Iran  It is a simple fact of life, it is important for anybody wishing for survival not to depend on the good wishes of a nation that is unable to recognize the Human right abuses and systemic genocide of the Palestinian people because of a handful of Jews that have them by the balls,, yet stand in front of the world and pretend to be the last bastion of Humanity and still lead the charge of Islamophobic hatred against all Muslims because the Israelis need to steal more land from the Palestinians. It has been 50years of Apartheid and ethnic cleansing and mass murder.  Its not about cute one liners pumpkin"}
{"_id": "188695", "title": "", "text": "hledger fits your criteria, have you tried it ? Here's the web interface."}
{"_id": "188704", "title": "", "text": "That would be great, I'm just skeptical that it's possible to make green energy cheaper than fossil fuels. I guess you could do this by subsidizing research on green energy, which is not a bad idea.  &gt;If you make conventional energy artificially expensive to nudge people towards renewables then you open the door to politicians gaining power by promising to reduce energy costs to the consumer via removing those taxes you're advocating for.  This is actually a great criticism, but I don't see any better solution (unless we are going to create an alternative to state-capitalism)."}
{"_id": "188712", "title": "", "text": "so newscorp is split into two classes of stock, A and B with B having voting power and A non voting. This gives the Murdoch family quite some power however their voting power is 40%, why didnt they make it 50%+1 so they could have full un opposed control of the business?"}
{"_id": "188713", "title": "", "text": "Carmax will be interested in setting a price that allows them to make money on the reselling of the vehicle. They won't offer you more than that. The determination of the value compared to the BlueBook value is based on condition and miles. The refinancing of the auto loan could lower your monthly payment, but may not save you any money in the short term. The new lender will also want an evaluation of the vehicle, and if it is less than the payoff amount of the current loan they will ask you to make a lump sum payment. This is addition to the cost of getting the new loan setup. If you can pay the delta between the value of the car and loan then do so, when you sell the car. Don't refinance unless you plan on keeping the car for many months, or you are just adding paperwork to the transaction."}
{"_id": "188726", "title": "", "text": "\"An actual degree may not be necessary in 18 years as \"\"non-traditional\"\" education becomes more openly available. Sources such as Lynda.com, Coursera, MIT's OpenCourseWare, Duolingo, etc, are dramatically lowering the bar to getting a decent education.  While these types of resources won't take the place of a degree, if only the ultra-wealthy can afford college in the future (at least in the States), we'll see even more jobs being taken by people from other countries, where education is free or, at least, significantly less expensive due to the lack of education and experience our own over-priced universities will cause.\""}
{"_id": "188742", "title": "", "text": "Both US GAAP and IFRS are accrual basis frameworks. 99.9% of businesses report under those frameworks (or their local gaaps, but still accrual based). Usually it's public sector entities which are cash-basis in my experience.   Anyway, accrual basis has more to do with revenue recognition, not taxation, so that's not really relevant here. The value date of an invoice (ie in which moment it becomes taxable) depends on tax legislation (which sets the rules to determine the so called date of taxable event), not so much on accounting principles.   In many cases taxable rules are intertwined with cash collection/payment, however, to prevent creative accounting for tax evasion purposes. For example, provisions for various uncertain future events might be required by accounting rules, but the corresponding expenses are generally not deductible for tax purposes (so you won't be able to deduct them until the event actually occurs and you pay)."}
{"_id": "188750", "title": "", "text": "\"Ok, since you asked, I'll explain. If you are middle class in the US, that means you make more money than 90% of the world's population (maybe even more than 90%). You just have to save more than what you spend and invest instead of spending on credit. In 30 years you will have enough money to live very comfortably. You just have to have the commitment and the focus to do it. When you reach 50 you'll have enough money to be considered rich, ie. your house paid for, a nice savings account, investments, retirement accounts and no debt. I've been \"\"preaching\"\" this for a long time and none of my friends/family wanted to listen. Read \"\"[The Wealthy Barber](http://en.wikipedia.org/wiki/The_Wealthy_Barber)\"\" for more if you are curious.  ***Edit, provided a link.\""}
{"_id": "188756", "title": "", "text": "Its a huuuuuuuuuuuge topic, and to answer your question in full will require a book, with a small booklet of legal advice attached to it. I'm not going to write it here, but I'll give you some very specific points to start your research with: ARM/Baloon - big NO NO. Don't touch that. Get rid of those you have any way you can, and then never ever do it again. That's the kind of crap that got us into the housing bubble mess to begin with. Especially with the rates as low as now, the only future with ARM/Baloon is that you're going to pay more, way more, than your initial period payments. Rates - the rates now are very low. They were even lower 12-24 months ago, but are still extremely low. Make sure you get a fixed rate loan, in order to lock these rates in for the remainder of the loan. Any ARM loan will have higher rates in the future. So go with FIXED RATE. Period - fixed rate loans are given for periods up to 30 years. The shorter the period, the lower the rate. However, at the level they're now, you're practically getting money for free (the APR is comparable to the inflation) even for 30 yr/fixed loans. PMI - private mortgage insurance - since you don't have much equity, the lender is likely to require you paying PMI. This is a significant amount of money you pay until you have at least 20% equity. It changes from lender to lender, so shop around and compare. Government assistance - that's what the broker was referring to. There were programs allowing people refinance even under-water mortgages. Check what programs are still available in your area. Some banks will not refinance with less than 20% equity, but some government assistance programs may help you get a loan even if you don't have enough equity. Closing fees and points - that's the money out of your pocket. Shop around, these vary wildly. Generally, Credit Unions, being non-profits, are cheaper on this item specifically, while comparable to big banks on everything else."}
{"_id": "188776", "title": "", "text": "Companies need to go public before you can buy their shares on a public stock exchange, but all companies have shares, even if there's only one share. And anyone who owns those shares can give them to whoever they like (there are generally restrictions on selling shares in unlisted companies to unsophisticated investors, but not on giving them away)."}
{"_id": "188791", "title": "", "text": "For video games the S&amp;P home entertainment software index will probably work. For airlines there's the S&amp;P airlines index but that may not work well for private jets.  You should browse different S&amp;P indicies based on GICS classifications or any other indicies you may find and then download their returns for the past few years and run a regression analysis on excel. Find the correlation between the indicies and the stock you're looking at then select the index with the highest correlation."}
{"_id": "188803", "title": "", "text": "Anyone with a computer can check out the gross private domestic investment chart that the St. Louis Fed supplies to the public. Flattening like a pancake. Doesn't take a genius to realize this is a leading indicator for the economy. I would be more worried about another recession and potential negative nominal rates before I'd be worried about Fed asset sales."}
{"_id": "188816", "title": "", "text": "I'll start with the bottom line. Below the line I'll address the specific issues. Becoming a US tax resident is a very serious decision, that has significant consequences for any non-American with >$0 in assets. When it involves cross-border business interests, it becomes even more significant. Especially if Switzerland is involved. The US has driven at least one iconic Swiss financial institution out of business for sheltering US tax residents from the IRS/FinCEN. So in a nutshell, you need to learn and be afraid of the following abbreviations: and many more. The best thing for you would be to find a good US tax adviser (there are several large US tax firms in the UK handling the US expats there, go to one of those) and get a proper assessment of all your risks and get a proper advice. You can get burnt really hard if you don't prepare and plan properly. Now here's that bottom line. Q) Will I have to submit the accounts for the Swiss Business even   though Im not on the payroll - and the business makes hardly any   profit each year. I can of course get our accounts each year - BUT -   they will be in Swiss German! That's actually not a trivial question. Depending on the ownership structure and your legal status within the company, all the company's bank accounts may be reportable on FBAR (see link above). You may also be required to file form 5471. Q) Will I need to have this translated!? Is there any format/procedure   to this!? Will it have to be translated by my Swiss accountants? - and   if so - which parts of the documentation need to be translated!? All US forms are in English. If you're required to provide supporting documentation (during audit, or if the form instructions require it with filing) - you'll need to translate it, and have the translation certified. Depending on what you need, your accountant will guide you. I was told that if I sell the business (and property) after I aquire a   greencard - that I will be liable to 15% tax of the profit I'd made.  Q) Is this correct!? No. You will be liable to pay income tax. The rate of the tax depends on the kind of property and the period you held it for. It may be 15%, it may be 39%. Depends on a lot of factors. It may also be 0%, in some cases. I   also understand that any tax paid (on selling) in Switzerland will be   deducted from the 15%!? May be. May be not. What you're talking about is called Foreign Tax Credit. The rules for calculating the credit are not exactly trivial, and from my personal experience - you can most definitely end up being paying tax in both the US and Switzerland without the ability to utilize the credit in full. Again, talk to your tax adviser ahead of time to plan things in the most optimal way for you. I will effectively have ALL the paperwork for this - as we'll need to   do the same in Switzerland. But again, it will be in Swiss German. Q) Would this be a problem if its presented in Swiss German!? Of course. If you need to present it (again, most likely only in case of audit), you'll have to have a translation. Translating stuff is not a problem, usually costs $5-$20 per page, depending on complexity. Unless a lot of money involved, I doubt you'll need to translate more than balance sheet/bank statement. I know this is a very unique set of questions, so if you can shed any   light on the matter, it would be greatly appreciated. Not unique at all. You're not the first and not the last to emigrate to the US. However, you need to understand that the issue is very complex. Taxes are complex everywhere, but especially so in the US. I suggest you not do anything before talking to a US-licensed CPA/EA whose practice is to work with the EU/UK expats to the US or US expats to the UK/EU."}
{"_id": "188822", "title": "", "text": "Well consider this, even if you bought some at every all time high prior to this one, you would have still made a profit. I was kicking myself when I passed up an opportunity to buy some at $30. After its wild ride up to $1,200 and subsequent fall, I made sure to start buying around $250. Bitcoin is not going away. There are hundreds of different cryptos out there, but Bitcoin is the gold standard and it is becoming more legitimized every day. Regulators and governments passed it off as a fad for years but are now paying attention because people are actually using it to get around all kinds of bottlenecks that exist due to the structure of the current global banking system. If you feel like it will continue to be used more extensively and become more scarce over the next several years, then it is probably worth investing at least something into it. Of course, never invest more than you can afford to lose.  Full disclosure: I hold some Bitcoin but I am mostly in Ethereum right now because I think there is greater potential there. Bitcoin is pretty expensive right now and Ethereum is still catching up to it in market cap. I think we will see some great practical uses for it in the coming years. There are already some major players involved, including the Russian State owned banks."}
{"_id": "188831", "title": "", "text": "I'd like to propose a 4th option: Let your kid(s) take out their own student loans, and then you can make payments directly to help them pay them down. Some advantages to this method: Note the many similarities to the HELOC, which would probably be my second choice."}
{"_id": "188839", "title": "", "text": "\"The stock should fall by approximately the amount of the dividend as that is what is paid out. If you have a stock trading at $10/share and it pays a $1/share dividend, the price should drop to $9 as what was trading before the dividend was paid would be both the dividend and the stock itself. If the person bought just for the dividend then it would likely be neutral as there isn't anything extra to be gained. Consider if this wasn't the case. Wouldn't one be able to buy a stock a few days before the dividend and sell just after for a nice profit? That doesn't make sense and is the reason for the drop in price. Similarly, if a stock has a split or spin-off there may be changes in the price to reflect that adjustment in value of the company. If I give you 2 nickels for a dime, the overall value is still 10 cents though this would be 2 coins instead of one. Some charts may show a \"\"Dividend adjusted\"\" price to factor out these transactions so be careful of what prices are quoted.\""}
{"_id": "188845", "title": "", "text": "\"2.5%? Whoa, you are being robbed there.  Straight-up, stripped-down, and bent-over-a-table robbed. Never agree to \"\"fees\"\".  If they don't want to do the work to give you a loan, there are other lenders who do. Rarely agree to \"\"points\"\".  If you know -- and I don't mean \"\"think\"\", I mean \"\"know\"\" -- if you know that you are going to hold that loan much longer than it would take to repay those points, then maybe.  For example, if they are charging one point to lower your rate 0.25%, you want to be totally sure you will stay in the house at least four years, and probably more like six or eight years before moving or refinancing. It's more-or-less OK to pay for the appraisal.  If something goes wrong with the loan application, the appraisal will be valid for a few more months, you can try again. I once had 14% cash for a down-payment.  The loan officer said if I could come up with 15%, the rate would be reduced by 0.25%.  To get the money, I took a \"\"reverse point\"\", which paid me 1% but raised my the rate by 0.25%. The loan officer, who wasn't too bright, asked, \"\"Why did you do that?  The two things cancel each other out.\"\" \"\"I did it,\"\" I explained, \"\"because you paid me 1% of the value of my house to sign my name twice.\"\"\""}
{"_id": "188855", "title": "", "text": "\"Save the effort.  For personal finance purpose, just use the simple tools.  For example, if you like P&G very much but you want to diversify with ETF, use: http://etfdb.com/stock/PG/ https://www.etfchannel.com/finder/?a=etfsholding&symbol=PG Pick a ETF with highest weighting. Replace \"\"PG\"\" in the link with other tickers.\""}
{"_id": "188871", "title": "", "text": "The other answer is awesome and complete, but I will say that, to charge my car, it takes a few seconds.  I plug it in, go inside, and don't think about it until I go back to my car.  That's something that people who don't have an EV don't understand - most of the time, it's more convenient.  On long trips, you use superchargers, and the trip takes a little bit longer counting stops - because you were already stopping for food and bathrooms anyway so might as well charge while you do.  But, overall, unless a huge amount of your driving is long trips, then you will end up saving time with an EV over a gas car (because you don't have to go to gas stations and mostly charge at home, which is more convenient)."}
{"_id": "188890", "title": "", "text": "As I commented, there's confusion on withholding. The 20% pertains to 401(k) accounts, not IRAs."}
{"_id": "188893", "title": "", "text": "Assuming it's your business, endorse the check as yourself and your DBA name, payable to your personal account"}
{"_id": "188903", "title": "", "text": "\"I am interested in seeing what happens to your report after you test this, but I don't think it's possible in practice, would not affect your credit score, and also wouldn't be worth it for you to carry a negative balance like that. Having a -1% credit utilization essentially means that you are lending the credit card company money, which isn't really something that the credit card companies \"\"do\"\". They would likely not accept an agreement where you are providing the credit to them. Having credit is a more formal agreement than just 'I paid you too much this month'. Even if your payment does post before the transaction and it says you have a negative balance and gets reported to the credit bureau like that, this would probably get flagged for human review, and a negative credit utilization doesn't really reflect what is happening. Credit utilization is 'how much do you owe / amount of credit available to you', and it's not really correct to say that you owe negative dollars. Carrying a negative balance like that is money that could be invested elsewhere. My guess is that the credit card company is not paying you the APR of your card on the amount they owe you (if they are please provide the name of your card!). They probably don't pay you anything for that negative balance and it's money that's better used elsewhere. Even if it does benefit your credit score you're losing out on any interest (each month!) you could have earned with that money to get maybe 1-2% better rate on your next home or car loan (when will that be?).  TLDR: I think credit utilization approaches a limit at 0% because it's based on the amount you owe and you don't really owe negative dollars. I am very interested in seeing the results of this experiment, please update us when you find out!\""}
{"_id": "188906", "title": "", "text": "\"&gt;&gt;  Thirteen out of 41 republicans voted against Carswell, and 17 out of 43 for Haysworth. &gt; &gt;And 6 out of 46 Republicans voted against Bork. &gt;  So, a lot fewer. And those cross-party votes weren't going to change the result, unlike in your examples. It was the first time in the modern era that a Senate majority had enough votes to block a nomination without any help from the right, and the did so, on purely ideological grounds. I'm glad Bork's not on the court, but it definitely was unprecedented.   &gt; &gt;Several of the Republicans I have talked to about this don't realize what the Republicans did.  One even wondered why Obama never appointed anyone. &gt; &gt;I guess I think the partisans are going to be fired up about something regardless. Might as well make it about a real topic.  Anecdotal evidence is anecdotal. The Republicans I know are all back-slaps and McConnell love for the \"\"genius\"\" of the thing. It was a victory they celebrated. Trying to take it back Would *infuriate* them... but it wouldn't really be about the \"\"real topic\"\", it would be about everything that divides us. They're going to get fired up regardless, but that doesn't mean that stoking the flames is without harm.   &gt;1) Do you think the Democrats did any doubling down to warrant this campaign?  If so, what?  Honestly, with hindsight I think passing PPACA without at least some GOP support was a pretty big mistake, and seemed to the right to be a thumb in the eye that they still haven't let go of. Him saying \"\"we have the votes to do this, so we'll do this\"\" is how they justified \"\"we have the state legislatures to neuter this, so we'll neuter this\"\". If they had somehow, someway, gotten even a tiny bit of Republican buy-in, we'd be having the debate about fixing and not replacinng.  I have no idea how that could've been done given the GOP players at the time, but pushing it through anyway has proven to be a pretty big problem in terms of politics, and not as helpful as it should be to citizens because of the political reprisal.  &gt; &gt;2) Trump won on balls and showmanship. He lied often but never backed down. He made tons of nebulous promises without giving specifics.  He stoked the \"\"us versus them\"\" climate and then he won.  Doesn't that suggest to you that modern American politics are not about issues or compromise but mostly about fanning flames?   Of course that's the way politics are working in this country nowadays... it's exactly that poisonous climate I'm so opposed to, and want to see diminished. Fighting fire with gasoline isn't going to help.\""}
{"_id": "188913", "title": "", "text": "\"There you go:  *Since 2008.*  Lots of crap has been predicted \"\"since 2008.\"\"  Soaring interest rates.  A collapse of the dollar.  The Yuan as the world's reserve currency.  A collapse in \"\"the stock market bubble,\"\" which is \"\"clearly fueled by Federal Reserve policies,\"\" Etc.  People like yourself continue to believe that these things will occur, despite annual evidence that it will not.  Rather than adjust your views, you are holding on to them tighter.  It reminds me of people who deny climate change - more evidence simply hardens their views against the phenomenon.\""}
{"_id": "188932", "title": "", "text": "Most dating websites provide dating service after pay registration fee. But we provide the dating service without any cost. Through our website, you will meet each other and if you want to Girls to fuck in the Australia, then you can visit our website. After registration, you can get more contacts for a girl which you want to meet each other. At first glance and it's only until you get interested and decide to sign up when you discover."}
{"_id": "188956", "title": "", "text": "Remember both sides of the isle are playing the American public against each other. Don't let them win! Most Americans want the same things.   Random Quote:  *The jaws of power are always open to devour, and her arm is always stretched out, if possible, to destroy the freedom of thinking, speaking, and writing.* - **John Adams**"}
{"_id": "188961", "title": "", "text": "Indirect exchange (the common units of which are called 'money') is not debt (though the commodity of indirect exchange may be debt). Physical gold is not debt (it is mined, not conjured into existence from someone's promise of future goods). Gold-backed paper currency is gold debt.  Indirect exchange is an extension of barter, not a replacement. The advantage of indirect exchange over direct exchange is that it solves the coincident of wants problem. (Alice may want a telescope, but Charlie doesn't want 500 apples for it. Alice finds out that Charlie would trade the telescope for 1 unit of gold. Alice then finds Bob who is willing to trade 1 unit of gold for 500 apples. Alice then trades with Bob and then trades with Charlie to get what she wants.)"}
{"_id": "188975", "title": "", "text": "I agree that voicing your concerns can help change policy, but there is a degree of tact required. There are designated channels for complaints and concerns. Sending an email rant to coworkers is not the right way.  Edit: He posted it on an internal social network, not an email."}
{"_id": "188982", "title": "", "text": "If I understand you right, what you need is the minimum amount in the account until your next deposit.  So for example, if today is the 10th and you get paid on the 15th, how much do I need to have in the account, so I know how much I can spend?  That amount should be all of the bills that will be paid between today and the 15th. An alternative would just to keep a running balance and see what the minimum value is. My personal finance software does that for me, but it's possible, although a little more complicated, in Excel.  You'd have to find the date of the next deposit, and do a SUMIF looking for dates between today and that date.  That's about as far as I can get without getting off-topic."}
{"_id": "188988", "title": "", "text": "The net gain isn't $0.  An employer prefers candidate A over candidate B because he thinks A is worth more.  To give the employer adequate incentive to go with B over A, the incentive would have to be worth about as much as A's margin over the expected duration of A's employment.  That's probably not just like $5k."}
{"_id": "189005", "title": "", "text": "Please refer to this question to understand the basics of how an order is matched. How do exchanges match limit orders?  Now most of the times even Block orders follow the same matching criteria. I think you are assuming that for every large buy order there is a matching large sell order. This is not true.     So on the Buy side at various point in times there were Buy Orders, with Single order more than 10,000 shares. On the sell side to fulfil these orders there may or may not be a single order of 10,000. More often there will be quite a few smaller orders or 500, 1000 or whatever amount that are present in the queue based on the amount & time sort order or even partially matching out of a sell order of 10,000 ... Similarly when there is a large sell order of more than 10,000 , these may not have got filled in by a large buy order but by smaller buy orders etc ...   So if you average out the amounts on the buy side and the sell side there would definately be a difference. The analysis of this difference is as indicated in your question, buy price is more than sell price and hence people are bullish ..."}
{"_id": "189006", "title": "", "text": "\"First, a clarification. No assets are immune to inflation, apart from inflation-indexed securities like TIPS or inflation-indexed gilts (well, if held to maturity, these are at least close). Inflation causes a decline in the future purchasing power of a given dollar1 amount, and it certainly doesn't just affect government bonds, either. Regardless of whether you hold equity, bonds, derivatives, etc., the real value of those assets is declining because of inflation, all else being equal. For example, if I invest $100 in an asset that pays a 10% rate of return over the next year, and I sell my entire position at the end of the year, I have $110 in nominal terms. Inflation affects the real value of this asset regardless of its asset class because those $110 aren't worth as much in a year as they are today, assuming inflation is positive. An easy way to incorporate inflation into your calculations of rate of return is to simply subtract the rate of inflation from your rate of return. Using the previous example with inflation of 3%, you could estimate that although the nominal value of your investment at the end of one year is $110, the real value is $100*(1 + 10% - 3%) = $107. In other words, you only gained $7 of purchasing power, even though you gained $10 in nominal terms. This back-of-the-envelope calculation works for securities that don't pay fixed returns as well. Consider an example retirement portfolio. Say I make a one-time investment of $50,000 today in a portfolio that pays, on average, 8% annually. I plan to retire in 30 years, without making any further contributions (yes, this is an over-simplified example). I calculate that my portfolio will have a value of 50000 * (1 + 0.08)^30, or $503,132. That looks like a nice amount, but how much is it really worth? I don't care how many dollars I have; I care about what I can buy with those dollars.  If I use the same rough estimate of the effect of inflation and use a 8% - 3% = 5% rate of return instead, I get an estimate of what I'll have at retirement, in today's dollars. That allows me to make an easy comparison to my current standard of living, and see if my portfolio is up to scratch. Repeating the calculation with 5% instead of 8% yields 50000 * (1 + 0.05)^30, or $21,6097. As you can see, the amount is significantly different. If I'm accustomed to living off $50,000 a year now, my calculation that doesn't take inflation into account tells me that I'll have over 10 years of living expenses at retirement. The new calculation tells me I'll only have a little over 4 years. Now that I've clarified the basics of inflation, I'll respond to the rest of the answer.  I want to know if I need to be making sure my investments span multiple currencies to protect against a single country's currency failing. As others have pointed out, currency doesn't inflate; prices denominated in that currency inflate. Also, a currency failing is significantly different from a prices denominated in a currency inflating. If you're worried about prices inflating and decreasing the purchasing power of your dollars (which usually occurs in modern economies) then it's a good idea to look for investments and asset allocations that, over time, have outpaced the rate of inflation and that even with the effects of inflation, still give you a high enough rate of return to meet your investment goals in real, inflation-adjusted terms. If you have legitimate reason to worry about your currency failing, perhaps because your country doesn't maintain stable monetary or fiscal policies, there are a few things you can do. First, define what you mean by \"\"failing.\"\" Do you mean ceasing to exist, or simply falling in unit purchasing power because of inflation? If it's the latter, see the previous paragraph. If the former, investing in other currencies abroad may be a good idea. Questions about currencies actually failing are quite general, however, and (in my opinion) require significant economic analysis before deciding on a course of action/hedging. I would ask the same question about my home's value against an inflated currency as well. Would it keep the same real value. Your home may or may not keep the same real value over time. In some time periods, average home prices have risen at rates significantly higher than the rate of inflation, in which case on paper, their real value has increased. However, if you need to make substantial investments in your home to keep its price rising at the same rate as inflation, you may actually be losing money because your total investment is higher than what you paid for the house initially. Of course, if you own your home and don't have plans to move, you may not be concerned if its value isn't keeping up with inflation at all times. You're deriving additional satisfaction/utility from it, mainly because it's a place for you to live, and you spend money maintaining it in order to maintain your physical standard of living, not just its price at some future sale date. 1) I use dollars as an example. This applies to all currencies.\""}
{"_id": "189028", "title": "", "text": "Purchasing stock doesn't affect your immediate taxes any more than purchasing anything else, unless you purchase it through a traditional 401k or some other pre-tax vehicle. Selling stock has tax effects; that's when you have a gain or loss to report."}
{"_id": "189034", "title": "", "text": "Target absolutely could have done more to prevent this, but that doesn't change the fact that these people were willfully cheating the system.  But really, the cashiers letting one gift card to be paid for with another gift card, and *still* giving out the $10 card?  That's just stupid."}
{"_id": "189061", "title": "", "text": "\"Sell 200 at 142. What does that mean? I haven't seen the movie, so I won't try to put anything in story context.  \"\"Sell 200 at 142\"\" means to sell 200 units (usually shares, but in this case it would likely be gallons or barrels of orange juice or pounds or tons of frozen juice).   In general, this could mean that you have 200 units and want to sell what you have.  Or you could borrow 200 units from someone and sell those--this is called a naked short.  In this case, it seems that what they are selling is a futures contract.  With a futures contract, you are promising to obtain orange juice by some future date and sell it for the agreed price.  You could own an orange grove and plan to turn your oranges into juice.  Or you could buy a futures contract of oranges to turn into juice.  Or you could arbitrage two futures contracts such that one supplies the other, what they're doing here.   In general people make profits by buying low and selling high.  In this case they did so in reverse order.  They took the risk of selling before they had a supply.  Then they covered their position by purchasing the supply.  They profited because the price at which they bought was lower than the price at which they sold.   The reason why this is necessary is that before buying the oranges, the orange juice makers need to know that they can make a profit.  So they sell orange juice on the futures market.  Then they know how much they can afford to pay for oranges on a different market.  And the growers know how much they can get for oranges, so they can pay people to water and pick them.   Without the futures markets, growers and orange juice makers would have to take all the risk themselves.  This way, they can share risks with each other and financiers.  Combined with insurance, this allows for predictable finances.  Without it, growers would have to be wealthy to afford the variation in crop yields and prices.\""}
{"_id": "189115", "title": "", "text": "How are they going to know?  You're going to be wearing dress shirts at that stage of your professional career.  (*Not actual advice.  I work in a different area of finance, however one of my coworkers had full sleeves done at some point prior to joining and just wore long sleeve shirts to work every day)"}
{"_id": "189120", "title": "", "text": "It's a good question. We can't know for sure, but here are some things to think about. Paypal advertises a discounted transaction rate for non-profit organizations.  In the U.S. at least, the rate they advertise is 2.2% + 0.30 USD.  There are lots of things that can come into play here, such as international rates or any special deal that Wikimedia has struck with Paypal, but it seems reasonable to guess that of your 2\u20ac donation, Wikipedia sees perhaps 1.65\u20ac.  Note that most of the fee is a flat rate; of the next 2\u20ac in your donation, Wikipedia gets 1.96\u20ac. Direct debit probably has lower fees.  Paypal has to account for some credit card transaction fees in their fee structure, and direct debit does not.  Therefore, I would guess that to maximize your gift, direct debit might result a little better than Paypal.   Charities, in general, don't want to tell you the best way to donate, because they want it to be as easy for you as possible, and don't want to discourage any type of donation at all.  They are very happy to get any donation, even if one method over another results in slightly higher fees.  Wikimedia, in particular, offers many different options for donating."}
{"_id": "189130", "title": "", "text": "Family Life Insurance Adviser Sydney is one of the biggest names in providing advice for family life insurance in Sydney. We have an expert team of advisers who will help you to choose best and suitable family life insurance plan as per your needs and requirements."}
{"_id": "189142", "title": "", "text": "\"Dividend yields can also reflect important information about the company's status. For example, a company that has never lowered or stopped paying dividends is a \"\"strong\"\" company because it has the cash/earnings power to maintain its dividend regardless of the market. Ideally, a company should pay dividends for at least 10 years for an investor to consider the company as a \"\"consistent payer.\"\" Furthermore, when a company pays dividend, it generally means that it has more cash than it can profitably reinvest in the business, so companies that pay dividends tend to be older but more stable. An important exception is REIT's and their ilk - to avoid taxation, these types of funds must distribute 90% of their earnings to their shareholders, so they pay very high dividends. Just look at stocks like NLY or CMO to get an idea. The issue here, however, is two fold: So a high dividend can be great [if it has been paid consistently] or risky [if the company is new or has a short payment history], and dividends can also tell us about what the company's status is.  Lastly, taxation on dividend income is higher than taxation on capital gains, but by reinvesting dividends you can avoid this tax and lower your potential capital gain amount, thus limiting taxes.  http://www.tweedy.com/resources/library_docs/papers/highdiv_research.pdf is an excellent paper on dividend yields and investing.\""}
{"_id": "189144", "title": "", "text": "A long call options spread. In this case, a bet that the USO ETF would recover to $35. You can see, I got in when USO was $28, and it's continued to drop, but it has till Jan '17 to recover. The spread is set up to give leverage, when I entered the trade, a 50% recovery would result in a 200% gain, or 3X my bet. An option spread can be bought using any two strikes, and with different payouts depending on how far out of the money the strikes are."}
{"_id": "189145", "title": "", "text": "If you are convinced/sure its legit. Is doing a bank transfer to correct their mistake, actually the right way to do it in the first place?  Best is to write to University and ask if this extra can be adjusted towards future payments. Not sure how much that is and would one or two future payments cover it off.  The second best thing would be to ask if University can take it up with Bank and have this reversed? If the above don't work, then request for an address where you can send the check for the refund."}
{"_id": "189190", "title": "", "text": "\"Chris - you realize that when you buy a stock, the seller gets the money, not the company itself, unless of course, you bought IPO shares. And the amount you'd own would be such a small portion of the company, they don't know you exist.  As far as morals go, if you wish to avoid certain stocks for this reason, look at the Socially Responsible funds that are out there. There are also funds that are targeted to certain religions and avoid alcohol and tobacco. The other choice is to invest in individual stocks which for the small investor is very tough and expensive. You'll spend more money to avoid the shares than these very shares are worth.  Your proposal is interesting but impractical. In a portfolio of say $100K in the S&P, the bottom 400 stocks are disproportionately smaller amounts of money in those shares than the top 100. So we're talking $100 or less. You'd need to short 2 or 3 shares. Even at $1M in that fund, 20-30 shares shorted is pretty silly, no offense.  Why not 'do the math' and during the year you purchase the fund, donate the amount you own in the \"\"bad\"\" companies to charity.  And what littleadv said - that too.\""}
{"_id": "189195", "title": "", "text": "I didn\u2019t say everything is ok, I said things are improving. I also have been speaking generally about the world in the entirety of this comment thread, but you\u2019ve apparently decided that only Americans in poverty matter. I view that as myopic and selfish, but hell let\u2019s go with that for a second.   Regarding specifically the US - it turns out poverty is decreasing here as well:  http://www.povertyusa.org/the-state-of-poverty/poverty-facts/  Also by your own definition, no one in the middle class is in poverty. The census bureau says 43 million people in the us live in poverty. This is way too many, but it is less than 25%. It\u2019s closer to 12%.  https://en.m.wikipedia.org/wiki/Poverty_in_the_United_States  So once again, I\u2019ve shown how nothing you say has any basis in reality. I\u2019ve also never said everything is fine, I\u2019ve only said it\u2019s improving systematically.   What I say is true and based in fact. What you say is based on your feelings and categorically not true by any measure, and can\u2019t even be saved by your fluid redefinition of terms.  Please understand that things aren\u2019t perfect and the world isn\u2019t fair, but poverty in the US and elsewhere are improving. Feelings can\u2019t change facts, and you\u2019re feelings simply don\u2019t line up with the facts."}
{"_id": "189200", "title": "", "text": "I happen to be one such person. When I looked at what I was being offered for a lump sum, then shopped around to see what annuity I could replace it with, the difference between retail and wholesale was blindingly obvious. GM was offering me the wholesale cost (or less), while all the replacement annuities (retail prices) were offering me 1/2 the monthly payment that I'm expecting from the GM pension.   After the financial market's meltdown in 2008 lost me between 45 and 55% of my mutual funds' values (some lost more than others), I no longer have the fantasy belief that I can do better managing my money than professional investors. Learning that lesson cost me about $75k - which is several times the amount that I was offered for a buy out. As someone in my 50s, I am far more concerned about outliving my money than I am concerned about having a larger stash of chips. I won't be making $100k/year forever, as age discrimination in software development is widespread, and all the developers I personally know who are older than me, they all mention hitting brick walls getting hired when they hit 54-55 years old.   You may notice from the article that this is only for the salaried workers. The hourly workers are due to be shafted some other way."}
{"_id": "189233", "title": "", "text": "This article highlights Romney's true position on outsourcing of jobs. He cares about the bottomline. He was like any other businessman, after profit. So, he understands and sympathizes with companies that outsource their business activities. He's a politician now, and the people are the number one priority, not corporations. I doubt he will institute hardline policies on keeping companies in the US, especially if it will lead to decreased profit. It goes against his political beliefs."}
{"_id": "189238", "title": "", "text": "\"Here is another quote from the same speech:  &gt;\u201cI just got back from Israel, Ireland and France \u2013 three countries that deeply recognise the importance of having a business tax scheme for jobs and wage growth. We don\u2019t have that.\u201d  &gt;Dimon lamented US failure to build an airport in the last 10 years and the opiate addiction epidemic.  You don't build airports by cutting taxes, and you don't cite FRANCE's tax scheme to advocate for cutting taxes.  Here is what Wikipedia says about taxes in France:  &gt;\"\"France continues to be among the OECD countries whose tax rate is the highest. Taxes account for 45% of GDP against 37% on average in OECD countries.\"\"  https://www.wikiwand.com/en/Taxation_in_France\""}
{"_id": "189248", "title": "", "text": "Aeroprop is a propeller service, it is an FAA certified repair Station for quality aircraft propeller and governor overhaul, repair, and sales, including all McCauley Propellers and Governors, all Hartzell Propellers and Governors, Black Mack and Ontic Governors, Sensenich and Governors, Dowty Propellers and all Sensenich Propellers. We use Goodrich device products unless otherwise specified and have been servicing Propeller for over 65 years. The propeller is intended to deal with these strengths securely, however elements, for example, erosion, exhaustion, splitting, wear, and glitch can bargain auxiliary honesty some of the time with disastrous outcomes. For further more information about the servcies and support in the Rocky, Mountain, feel free to get in touch with us."}
{"_id": "189252", "title": "", "text": "Home painters are in high demand in Vancouver, which is why we want you to give us a call as soon as you have figured out what project(s) you need to do. Get an appointment with us as soon as possible so that we can get your home looking great before the busy season starts! http://barwickpainting.com/contact-us/"}
{"_id": "189265", "title": "", "text": "\"If I had to guess, I think Chipotle's queso is the way it is because Chipotle is trying to maintain their \"\"wholesome, quality ingredients\"\" approach to queso.  But that's the problem: naturally made cheeses don't melt into liquids. If anyone has worked in the pizza business for any period of time, then they might know at least one thing about cheese: melted cheese has a very high oil content.  Mix your cheese with a shit load of oil and it can melt beautifully. Want your cheese to stay in a liquid state at a lower temperature? Add more oil.  So if you want to maintain wholesome, arguably healthy ingredients and make queso at the same time, then you've got a problem because it's damn hard to make liquid cheese without having it be the worst thing imaginable for your health.  After trying Chipotle's queso last week, I guessed that they were trying to make a not-so-miserable-for-your-health version of queso, so they made a queso without all of the added oil.  But that's the problem: oil is fucking delicious. Pretty much anything that is high in fats (like oil) or sugars tastes amazing. The higher the fat and/or sugar content, the better it tastes, but also the worse it is for your health, generally.  So Chipotle has a queso that isn't godawful for your health, but it also tastes like it.  I applaud Chipotle's willingness to experiment with new products and try new things, but I'm projecting that this queso won't have mass appeal because it doesn't taste great. A group of us bought a cup of it, and we didn't finish it.  Sorry, Chipotle. I like the effort; but if I want chips &amp; queso, my ass is rollin' across the street to Q'doba to get some of that terrible-for-my-health, zero-nutritional-value, yellow-oil-cheese-product deliciousness.\""}
{"_id": "189270", "title": "", "text": "Yeah, that's in the public knowledge. What I actually want to know is who runs the foundation after the current co-chairs Mr. &amp; Ms Gates, Gates Sr., and Buffett are gone.   Will the juniors be in the payroll? Will the juniors be living in the houses owned by the foundation?   Question is what kind of relationship will the juniors have with that foundation after the seniors have gone?"}
{"_id": "189275", "title": "", "text": "\"I'm familiar with and have traded U.S.-listed LEAPS and I've always used the CBOE quotes page you linked to.  So, I too was surprised I couldn't find 3M (MMM) LEAPS quotes at that page, even after checking the \"\"List all options, LEAPS, Credit Options & Weeklys if avail.\"\" radio button.  Used to work! Fortunately, I was able to get access to the full chain of option quotes from the CBOE's other quotes page:  Go to the \"\"Quotes & Data\"\" menu, then select Delayed Quotes - NEW!\u00a0 Here's how: I think the new interface is terrible: it's too many steps to get to the information desired.  I preferred the all-in-one table of the Delayed Quotes Classic page, the one you linked to. As to why that classic page isn't yielding the full chain, I can only suggest it is a recently introduced bug (software defect).  I certainly was able to get LEAPS quotes from that page before. On Yahoo! Finance option quotes: I don't know why their chain is incomplete \u2013 I can't see the logic, for instance, as to why MMM Jan 2012 60 calls are missing.  I thought at first it may be lack of volume or open interest, but nope.  Anyway, I don't trust Yahoo! to provide accurate, reliable quotes anyway, having seen too many errors and missing data in particular in the feed of Canadian stocks, which I also trade. I rely on the exchange's quotes, and my broker's real-time quotes.  I check Yahoo! only for convenience sake, and when it actually matters I go to the other more reliable sources. For what it's worth, though, you can also get full chain option quotes at NASDAQ.  See here for the 3M (MMM) example then click on the \"\"Jan 12\"\" link near the top.  However, I would consider CBOE's quotes more definitive, since they are the options exchange.\""}
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{"_id": "189289", "title": "", "text": "It seems ideal to have the employment be all about both income and ethics, but the problem is that for most people in the industry more often at one point or another they will have to choose between their income or their ethics.   Ethics should always hold supremacy over personal gain. Because ethics maintain the relationships (formal and informal) between entities involved in the markets. Without those long term relationships, there is no room for trust and therefore no reason to be willingness for entities to exchange with one another **fairly**.  If you don't have a overall fair financial markets, on the long term it will hurt the overall economy, why? Because people will have no trust in buying equity prices, there will be no trust in prospects.  People will save most of their money in cash and outright avoid anything or everything about investing.  If there are less clients, there is less capital for the entire industry.  The trust of the aggregate non-active investing clients with the capital range between 100k-500 million matters. And to make it common knowledge to hold personal gain above them is not a good way to have them keep their money in the markets."}
{"_id": "189298", "title": "", "text": "&gt; Does it make sense to calculate the IRR based on the outstanding value of the project, or just use the cash flows paid out?  What is the outstanding value of the project based on? I'm guessing it is the PV of net cash flow?  The timing of each cash outflow (i.e. investment) is crucial to calculating a proper IRR because of time value of money. Putting in $x each year for 49 years will give you a different figure from putting in $49x in the first year and zero for the next 48 years because a larger figure is tied up for a longer time period."}
{"_id": "189303", "title": "", "text": "Another thing to factor in are deals provided by banks. In general, banks care about new customers more than their existing customers. Hence they explicitly restrict the best deals on credit cards, savings accounts, etc, to new customers only. (Of course, there are occasionally good deals for existing customers, and some banks choose not to discriminate.) If you have many different bank accounts, you are making yourself unavailable for switching bonuses and introductory rates."}
{"_id": "189304", "title": "", "text": "Nobody infringed on this freedom to think this way.  Should he be able to call his manager a fucking asshole in front of his entire group - even if the manager is a fucking asshole?    What are you advocating for here, exactly?"}
{"_id": "189328", "title": "", "text": "You can also increase soil quality and yields by using no tillage farming. If you are worries about things like reducing nitrogen fert quantities.  However, the majority still prefer the plough (/plow).   Changing (crop) farmers has two massive hurdles. You have to prove that it is consistently better than what the farmer is currently using, then you have to convince the farmer that it is consistently better on *his* farm."}
{"_id": "189331", "title": "", "text": "I think what he is trying to say is that, if we fix our economic mindset of trickle down economics and shift the wealth so it is more middle class focused, America will be able to have more paying customers with greater disposable incomes. Thus allowing businesses to have a more constant and heavier flow of revenue which would in turn allow the businesses to expand in employees, facilities, R&amp;D, etc."}
{"_id": "189338", "title": "", "text": "They won't do it as things can and often do change daily at every Costco location.  They sale out of X and move Y there.  They get S so they move X.  I don't think people realize Costco is literally a warehouse and is run and operated as such."}
{"_id": "189341", "title": "", "text": "Another possibly more flexible option is Yahoo finance here is an example for the dow.. http://finance.yahoo.com/q/hp?s=%5EDJI&a=9&b=1&c=1928&d=3&e=10&f=2012&g=d&z=66&y=0 Some of the individual stocks you can dl directly to a spreadsheet (not sure why this isn't offer for indexs but copy and paste should work). http://finance.yahoo.com/q/hp?s=ACTC.OB+Historical+Prices"}
{"_id": "189371", "title": "", "text": "Disclaimer - I am 51. Not sure how that happened, because I remember being in my late teens like it was yesterday.  I've learned that picking individual stocks is tough. Very tough. For every Apple, there are dozens that go sideways for years or go under.  You don't mention how much you have to invest, but I suggest (A) if you have any income at all, open a Roth IRA. You are probably in the zero or 10% bracket, and now is the time to do this. Then, invest in ETFs or Index Mutual Funds. If one can get S&P minus .05% over their investing life, they will beat most investors."}
{"_id": "189388", "title": "", "text": "\"How do financial derivatives like futures help in price discovery? From what I understand, the prices of futures are decided after the parties \"\"discover\"\" the price they think is appropriate for the underlying asset after some time. Wouldn't taking a future's price and then valuating an asset like a cart in front of a horse or the tail wagging the dog? Please link all that you want to and correct me everywhere.\""}
{"_id": "189391", "title": "", "text": "\"http://www.hmrc.gov.uk/customs/tax-and-duty.htm#3 explains the Import VAT situation quite well.  As for who enforces and collects it, if you're talking about buying online and having it shipped to you then you'll notice on the parcel a Customs sticker declaring the contents and value. It is the responsibility of the courier company to collect any duty due from you and pass it on to HMRC.  In practice what this means is that you receive a card or note from the courier saying \"\"we're impounding your package until you pay the import duty\"\" and they usually charge a fee on top of the duty itself.  Of course you can always go out there yourself and bring something back, but then it is your responsibility to declare it at the customs checkpoint when you enter the country.\""}
{"_id": "189406", "title": "", "text": "Shareholders can [often] vote for management to pay dividends Shareholders are sticking around if they feel the company will be more valuable in the future, and if the company is a target for being bought out. Greater fool theory"}
{"_id": "189424", "title": "", "text": "Skewed in what way? Present a reason why somebody would falsely report information. If you're saying its skewed lower, then you're saying people with low salaries don't tell the university their truthful salary or don't report. Why would someone do that? Wouldn't they feel indignant that their education wasn't getting them enough money and would want to demonstrate that to the school?"}
{"_id": "189439", "title": "", "text": "No, not necessarily.  A liveable wage is here defined as a wage which grants access to the basic necessities of life: food, water, a decent home, basic health care, either rent for a place close enough to your place of employment or enough money to afford transportation from somewhere cheaper, ETC."}
{"_id": "189442", "title": "", "text": "Autism maybe - if they happened to obsess over the right thing and it's not such a hindrance to them that they cannot function. Those are some huge ifs.  And that's just one disability. How about dyslexia or dispraxia as mentioned by the parent comment? How about ADD or asperger's mentioned by the article?   Does spending 10x the amount of time to learn to read and then 10x the amount of effort to actually read really give you an edge? Wouldn't the edge go to a person who read easily and then who spent the same amount of time and effort?"}
{"_id": "189443", "title": "", "text": "Probably not, but they would have to remove old stock from the state after the one year grace period and they may have to entertain suits against them, which would probably end in settlements. In 2016 alone there was over 30 million [paid out in settlements.](https://oag.ca.gov/sites/all/files/agweb/pdfs/prop65/2016-summary-settlements.pdf?)   I have read there is somewhat of a cottage industry for those who seek out prop 65 violations just for the purpose of suing the manufacturer. Then there is the cost associated with the maintenance of complying with the ever changing regulations.   I'm sure there is more to it but I can see where a company would not want to label there products as cancer causing if it was not necessary. People might also be more hesitant to purchase a product for there household if it's labeled as cancer causing.   Additionally, the US has its own hazard communication standards that require manufacturers to label any IARC know carcinogens as such.   Edit: Plus Monsanto probably thinks it can do what it wants"}
{"_id": "189445", "title": "", "text": "The company provides the best digital, clothe and other online services. If you want to purchase, then you can visit our company website.The Progress factory or also called digital printing is a technology of the new generation such as digital printing and Power bank. We provide the different type of products offset printing is that digital is preferred in need of short runs.  Its high quality is as good as the fine offset and without problems can print your promotional materials quickly and snugly."}
{"_id": "189453", "title": "", "text": "yeah i got that pretty much down.  I also want to be able to advantage of our transportation capacity that we already own and perhaps make an extra buck here and there on border spreads.  Just need to wrap my head around how to go about doing that.  Is there a tool out there that'll help me scrub spreads and do a quick analysis on?"}
{"_id": "189457", "title": "", "text": "Grand West brings you to the acme of grandeur with its world class amentities and state of the art infrastructure. The High end living space at the heart of West Bangalore, is built keeping your need for a luxury apartment in mind which makes it the abode of convenience, comfort and style."}
{"_id": "189464", "title": "", "text": "There are no zips, cords or handles to fiddle with making them a very convenient style. Track-guided alfresco blinds are ideal for the outdoors since the blinds are fitted into the tracks without leaving gaps. These blinds do not rattle in the wind or look untidy.Roman Blinds must be custom designed to fit the desired space. Installation of outdoor blinds is best left to the professionals. Blinds retailers generally visit the site and offer advice on the best outdoor blind suitable for your area. After measuring they provide a quote. Once you approve the design and material your alfresco blinds are made to order and installed professionally."}
{"_id": "189480", "title": "", "text": "\"Rather than automating it, why not just create a listing that you maintain and display on your site yourself?  That way you don't have to give out credentials or anything else. It also presents a bit of a marketing opportunity.  You could group contributors by the size of their contributions and thank them publicly.  For example, maybe your top contributors could be members of the \"\"Heroes Club\"\", and you could come up with jazzy names for other groups.  It's a way of publicly acknowledging their contributions in a way that they appreciate, and perhaps it motivates others to up their own contributions to get into one of the more prominent groupings.  It becomes a competitive \"\"one-upsmanship\"\" thing, if that makes sense. I understand your desire to be transparent, and that's admirable, but see the marketing and public relations opportunity it brings to you as well. I hope this helps. Good luck!\""}
{"_id": "189532", "title": "", "text": "She massively raised wages of a bunch of people in management and wasted a lot of money on acquisitions that she later [shut down](http://gizmodo.com/heres-what-happened-to-all-of-marissa-mayers-yahoo-acqu-1781980352). Her job was to be the turnaround CEO, which she completely failed at. She did lengthen the amount of time it took until they threw in the towel, but in that time frame, she wasted a lot of shareholders' money."}
{"_id": "189537", "title": "", "text": "&gt; Net neutrality isn't about them having free connections to the Internet, it's about preventing Internet service providers from using their position of power to choose which traffic to let through.  This is /r/business, so let me be clear:  *It's just business.*  Repeat that.  *It's just business.*  It isn't about people on the right not letting people on the left talk.  It's about using pricing power (yes, gasp) to make a profit.  If that's problematic for you, then /r/business might not be the best place for discussion.  &gt;When Comcast and Verizon have their own video services or products that compete with online entities like  Netflix and Hulu, that neutrality is what stands between them and monopolistic blocking of competition.   Using your competitive advantage to compete is literally the definition of business.  How is this wrong?  Why should Netflix and Hulu be able to free-ride off of a competitors fixed infrastructure?  I feel like I'm taking crazy pills here."}
{"_id": "189549", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-australia-cba-moneylaundering-idUSKCN1B70XL?il=0) reduced by 78%. (I'm a bot) ***** &gt; SYDNEY - Commonwealth Bank of Australia, the nation&amp;#039;s biggest lender, has been hit with a public inquiry into its governance and culture - the second regulatory probe to be launched this month after it was accused of massive breaches of money-laundering rules.  &gt; CBA was sued this month by financial intelligence agency AUSTRAC which alleges that criminals and terror financiers laundered millions of dollars through CBA accounts - the first lawsuit of it kind against a major Australian bank and exposing CBA to a fine potentially amounting to billions of dollars.  &gt; Last year, CBA admitted to using unscrupulous practices that cheated people out of life insurance payments, and in 2014 Narev publicly apologized after CBA advisors were found to have given customers poor financial advice.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6whxsk/australias_prudential_regulator_launches_inquiry/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~199698 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bank**^#1 **CBA**^#2 **Commission**^#3 **Royal**^#4 **probe**^#5\""}
{"_id": "189550", "title": "", "text": "Even if 99% of the $80 billion Food Stamps Program is fraudulent, there are still hundreds of thousands of Americans who are using food stamps to survive. However, it was estimated that the national payment error rate was only 4.36% in 2009 ([U.S. Government Accountability Office, 2009](http://www.gao.gov/products/GAO-10-956T)) and it was also estimated that an increase in FSP expenditures by $5 billion in 2002 resulted in an increase in total economic activity of $9.2 billion ([USDA, 2002](http://webarchives.cdlib.org/sw1s17tt5t/http://ers.usda.gov/Publications/FANRR26/)). As it turns out, having less of your population starving to death increases economic output. In other news, recessions make people poorer."}
{"_id": "189584", "title": "", "text": "Betty Godwin Mackie is one of the talented designers having extensive experience working with various renowned contractors. As a general contractor, she performed her duties very efficiently and has designed many layouts for brand new kitchens, counter-tops, personally chose hardware as well as cabinets."}
{"_id": "189587", "title": "", "text": "\"A quick online search for \"\"disadvantages of defence housing australia investment properties\"\" turns up a several articles that list a few possible disadvantages. I can't vouch for these personally because I'm not familiar with the Australian rental market, but they may all be things to keep in mind. I quote verbatim where indicated.\""}
{"_id": "189590", "title": "", "text": "Rising rates is going to counteract the asset bubble and Draghi &amp; the rest of the ECB are well aware of this. Now that Spain &amp; Italy got their shit together they're going to go full steam ahead.   Also Germany specifically is in trouble given its large companies such as BASF and others are threatened as companies on countries globally are consolidating and a focus by domestic experts on the trade deficit the U.S. holds with Germany.   The European economy will be fine. Certain European assets too, but do not be too sure on the DAX."}
{"_id": "189591", "title": "", "text": "This was my thought, and it echoes something I've heard from former managers.  You take the time to make a process or a segment of a process run very smoothly and efficiently, and then they hand that off to a junior manager and shift you to another process to do the same thing over again, because you're a good manager and you can handle it  Rinse and repeat"}
{"_id": "189592", "title": "", "text": "\"You quite literally just answered why I never understood my own god damn currency says \"\"I promise to pay the bearer...\"\"  What I don't get however, is that how wealth comes out of thin air.... why each continent cannot be eternally rich... We're all (at the very basic level) taking things from the ground and providing a service to someone. But if the whole world were to become bankers (only providing a service to which some people would emply never actually existed), we obviously can't all make money from it. So how does money \"\"come out of thin air\"\" so speak?\""}
{"_id": "189599", "title": "", "text": "Word from a designer I know: many garments produced by American Apparel at the end of Mr. Charney's reign were overpriced; poorly sewn (often with un-hemmed un-finished edges); sometimes little more than a piece of stretch fabric fashioned into a tube or a large rectangle; inconsistently sized and fit to the customer.  Also: the advertisements and commercials featured hyper-sexualized, semi-nude models who were often regular employees.  It seemed to be an innovative way to run such a business but doing that sort of thing in LA is quite possibly the wrong model nowadays.  A year or two back, the LA Times ran a story about some LA clothing manufacturers leaving the city and relocating to El Paso, TX: http://www.latimes.com/business/la-me-korean-jobber-market-20150902-story.html"}
{"_id": "189612", "title": "", "text": "Approximately 5.3 billion ounces have been mined. This puts the total value of all gold in the world at about $9.5 trillion, based on $1800/oz. Total world net worth was $125T in 2006. There's an odd thing that happens when one asset's value is suddenly such a large percent of all assets. (This reminds me of how and why the tech bubble burst. Cisco and EMC would have been worth more than all other stocks combined if they grew in the 00's like they did in the 90's.) Production (in 2005/6) ran about 80 million oz/yr. Just over 1.5% impact to total supply, so you are right in that observation.  On the other hand, the limited amount out here, means that if everyone decided to put their wealth in gold, it would be done by driving the price to bubblicious levels.  One can study this all day, and parse out how much is in investment form (as compared to jewelry, etc) and realize that a few trillion dollars in value pales in comparison to the wealth of the US alone, let alone the world. Half the world can't buy two oz if they tried.  Of course there's pressure to reopen mines that had costs pushing $800/oz. Understand that the supply of $300 gold is long gone. As the easy gold has been mined, and cost goes up, there's a point where mines close. But as the price of gold trades at these levels, the mines that couldn't produce at $600 are now opening."}
{"_id": "189634", "title": "", "text": "Many governments, the US and China including, seem positive about crypto and like they don't want to hinder it's innovation by regulating improperly or too soon. They've seemed to tolerate it's Wild West lawlessness longer than you'd expect to wait out and see what regulation would be reasonable and effective. In some ways it may seem like they've just not know what the heck to do to regulate it, so they just waited to see."}
{"_id": "189637", "title": "", "text": "At every level in society, we have to limit our tolerance to the intolerant. The Paradox of tolerance, as theorized by Karl Popper in 1945, states that if a society is tolerant without limit, their ability to be tolerant will eventually be seized or destroyed by the intolerant."}
{"_id": "189642", "title": "", "text": "I would suggest at least getting a personal card that you only use for business expenses, even if you don't opt for a business card.  It makes it very clear that expenses on that card are business expenses, and is just more professional.  The same goes for a checking account, if you have one of those.  It makes it easier to defend if you are ever audited, and if you use an accountant or tax preparer."}
{"_id": "189647", "title": "", "text": "You're winning. A sample size of one does not prove his argument.  I think if you're balancing a relatively expensive English degree with a relatively inexpensive one, then he's right. If you're speaking of anything that is more specialized in math, science, or business, a larger school with a larger price tag has been shown to be a better decision."}
{"_id": "189662", "title": "", "text": "\"First of all, whatever you do, DON'T PAY!  Credit reporting agencies operate on aged records, and paying it now will most certainly not improve your score.  For example, let's say that you had an unpaid debt that was reported as a \"\"charge-off\"\" to the credit bureaus.  After, say, six months, the negative effect on your score is reduced.  It is reduced even further after a year or two, and after two years, the negative effect on your score is negligible. Now, say you were to pay the debt after the two years.  This would \"\"refresh\"\" the record, and show as a \"\"paid charge-off\"\".  Sure, now it shows as paid, but it also shows the date of the record as being today, which increases the effect on your credit drastically.  In other words, you would have just shot yourself in the foot, big-time. As others have noted, the best option is to dispute the item.  If, for some reason, it isn't removed, you are allowed to submit an annotation to the item, explaining your side of the story.  Anyone pulling your credit record would see this note, which can help you in some instances.  In any case, these scam artists don't deserve your money. Finally, you should check who is the local ombusdman, and report this agent to them.  She could lose her license for such a practice.\""}
{"_id": "189678", "title": "", "text": "\"Remember that risk should correlate with returns, in an investment. This means that the more risk you take on, the more return you should be receiving, in an efficient marketplace. That's why putting your money in a savings account might earn you <1% interest right now, but putting money in the stock market averages ~7% returns over time. You should be very careful not to use the word 'interest' when you mean 'returns'. In your post, you are calling capital gains (the increase in value of owned property) 'interest'. This may be understating in your head the level of risk associated with property ownership. In the case of the bank, they are not in the business of home construction. Rather than take that risk themselves, they would rather finance many projects being done by construction companies that know the business. The bank has a high degree of certainty of getting its money back, because its mortgages are protected by the value of the property.  Part of the benefit of an efficient marketplace is that risk gets 'bought' by individuals who want it. This means that people with a low-risk tolerance (such as banks, people on fixed incomes, seniors, etc.) can avoid risk, and people with a high risk tolerance (stock investors, young people with high income, etc.) can take on that risk for higher average returns. The bank's reasoning should remind you of the risk associated with property ownership: increases in value are not a sure thing. If you do not understand the risk of your investment, you cannot be certain that you are being well compensated for that risk. Note also that most countries place regulations on their banks that limit the amount of their funds that can be placed in 'higher risk' asset classes. Typically, this something along the lines of \"\"If someone places a deposit with your bank, you can only invest that deposit in a low-risk debt-based asset [ie: you can take money deposited by customer A and use it to finance a mortgage for customer B]\"\". This is done in an attempt to prevent collapse of the financial sector, if risky investments start failing.\""}
{"_id": "189680", "title": "", "text": "\"This is an example from another field, real estate. Suppose you buy a $100,000 house with a 20 percent down payment, or $20,000, and borrow the other $80,000. In this example, your \"\"equity\"\" or \"\"market cap\"\" is $20,000. But the total value, or \"\"enterprise value\"\" of the house, is actually $100,000, counting the $80,000 mortgage.  \"\"Enterprise value\"\" is what a buyer would have to pay to own the company or the house \"\"free and clear,\"\" counting the debt.\""}
{"_id": "189682", "title": "", "text": "&gt;The three-page report the agency ultimately submitted, dated Sept. 5, does just that, using government data to compare the costs of refugees to Americans and making no mention of revenues contributed by refugees.  &gt;\u201cIn an average year over the 10-year period, per-capita refugee costs for major H.H.S. programs totaled $3,300,\u201d it says. \u201cPer-person costs for the U.S. population were lower, at $2,500, reflecting a greater participation of refugees in H.H.S. programs, especially during their first four years\u201d in the United States.   I suspect the rejected the revenue estimates because the higher per cap cost of the population raises suspension."}
{"_id": "189684", "title": "", "text": "I have had my card blocked at home only rarely. One occasion comes to mind - I had bought something fairly large online late at night. No sooner had I clicked Purchase than my phone rang - the bank was asking had I actually just spent [$amount] at [$online store]? I said yes and that was that. A little later I made another purchase late at night on a different card. It went through, but when I tried to use the card the next day for something small in a store, it was declined. Embarrassed, I used a different card then called the bank. They said they had put the card on hold because of the online purchase for a large amount, even though they had let the purchase go through. They hadn't called me because it was late at night, and they hadn't given themselves any reasonable mechanisms to compensate for that (like calling me the next morning, emailing me, or the like) they'd just blocked the card. We had what you might call a frank and open exchange of views on the matter.  Not all banks use the same strategies or software. I suggest: Far and away the simplest thing is just to have more than one card so that these declines are a momentary hiccup you might forget by the time you and your Rolex are out of the store."}
{"_id": "189734", "title": "", "text": "Save up about $300 and go to the bank and apply for a secured card.  Buy items with card and immediately pay them off.  Do this for about a year and then apply for your card to become an unsecured card.  Or go to a department store and apply for one of their cards."}
{"_id": "189741", "title": "", "text": "Health foods, books, coffee shop...am I supposed to hang out, stop in for five minutes or what? A grocery store and this are not comparable. The prices would be much higher at this place. So what are customers paying a premium for if it\u2019s several different experiences in an area without a lot of demand?"}
{"_id": "189754", "title": "", "text": ""}
{"_id": "189761", "title": "", "text": "Imagine a $1,000 face value bond paying 10% interest semi-annually. That means every 6 months there is $50 being paid. Now, if the price of that bond doubled to $2,000, what is the yield? It is still paying $50 every 6 months but now sports a 5% yield as the price went up a great deal. Similarly, if the price of the bond was cut in half to $500, now it is yielding 20% because it is still paying out the $50 every 6 months. The dollar figure is fixed. What percentage of the price it is can vary and that is why there is the inverse relationship between prices and yields. Note that the length of the bond isn't mentioned here where while usually longer bonds will have higher yields, there can be inverted yield curves as well as calls on some bonds. Also, inflation-indexed and convertible bonds could have different calculations used as principal adjustments or possible conversion to stock can change a perception on the overall return."}
{"_id": "189764", "title": "", "text": "There's no doubt that equities, as well as junk bonds (which have, in Europe, according to BAML, reached the same average return as 10-year-US treasuries) are currently overvalued, which is why I, and I suggest this to any active investor, have taken out all my money from tradable equities and debt and invested it into undervalued dank memes."}
{"_id": "189765", "title": "", "text": "The money from the employer is counted as income for you, and should be included in the numbers on your W-2.  You also have tuition you paid. That is an educational expense. That would generally be a tax credit if you qualify for those educational tax credits. If the money from the employer was counted as income you can use also claim tuition expenses. If the money wasn't included as income you then can't claim the tuition as an educational expense. My experience has been that expenses such as books have not been covered, but could be paid for with the money from a 529. Money to cover mandatory fees: such as lab fees and a fee that all students must pay can be counted as tuition expenses. Regarding customized books, those are much harder to prove. If you were to count that particular book as a tuition expenses, and were audited, you would have to show them the book to prove it. Most books aren't mandatory. Also if you do want to claim the books as an expense, remember to account for the money that is returned if any are sold back to the bookstore at the end of the term."}
{"_id": "189811", "title": "", "text": "&gt;The EU focus on fiscal deficit is completely mistaken. They are the result of the crisis, not the cause.  The fiscal deficit was *increased* by the crisis, but there would not have been a crisis at all if nobody had been running up debts either.  It's possible to shift private deficits to public (as happens if people borrow more money than they are taking in, default on loans, cause a bank to run out of money, and the government decides to transfer the bank's losses to its taxpaying public).  However, it's still ultimately driven by running a deficit until an unsustainable amount of debt is public, via one mechanism or other."}
{"_id": "189819", "title": "", "text": "Interest rate swaps are used to transfer risk from one party to another. They can be used to transfer many types of risk but most common are interest rate risk and exchange rate risk  There are a few key concepts that I have noticed most people have trouble with which Are below:  1) The Notional amount: this is the amount that the two legs (the floating and fixed) will be based on. If you think about each leg as a loan the notional amount would be the principal, however in a swap this amount never changes hands. Rather it is just an amount used to calculate what the dollar amount exchanged should be.   2) The floating and fixed legs are the interest rates that will be exchanged. The fixed leg will always pay out the same amount no matter the changes in the market while the floating rate will change periodically depending on market conditions. As a side note it is often agreed that only the difference in the two rates will be paid rather then sending the money back and forth.   3) And finally it is important to note that at the inception of the swap the notional value will always be 0. Many people miss this but when you think about it no company would want to sign a deal the from inception puts them in a loosing position.   I hope that helped without a more specific question all I can do is list random facts about swaps and hope they are useful to you."}
{"_id": "189824", "title": "", "text": "Grade 'Eh' Bacon answers it well, the issue is risk. To explain further, when a bank issues a loan, that loan comes with certain legal rights. If the bank decided to partner with a construction company, many of those rights to collect would be gone. Debt is treated differently than equity in the legal system. Banks are good at debt, investors are good at equity.  We also oversimplify it by asking why banks don't prefer equity to debt. Some investment banks also like to deal in equity, so it's probably an inaccurate assumption that you start with."}
{"_id": "189851", "title": "", "text": "All States have property tax, all States except 4 have sales tax, and business tax is federal but there are local costs of doing business such as various state required insurances and license and payroll taxes and unemployment insurance for the state etc.    What I was talking about is personal income tax there are 2 kinds federal that everyone pays then all the states except those I listed take another 4 or 5% give or take which stays in the state instead of being sent off to the feeding government.   From a business perspective if the going rate for paying your employees based on their role was say 100k annually. The employees take home pay would be taxed 5k in a state with income tax. That would mean Amazon would need to offer 5k more pay for an equal job vs an employer in another state. This is just one factor a company this huge would consider when moving."}
{"_id": "189858", "title": "", "text": "While open interest usually correlates to volume, the mark of liquidity is the bid ask spread. Even when trading options with spreads as large as an ask 2x the bid, a more realistic price that traders are willing to accept lies somewhere in the middle. Any option can easily be exited at intrinsic value: underlying price - exercise price for calls, exercise price - underlying price for puts.  For illiquid options, this will be the best price obtained.  For longer term options, something closer to the theoretical price is still possible. If an underlying is extremely liquid, yet the options aren't quite then options traders will be much more ready to trade at the theoretical price. For exiting illiquid options, small, < 4 contracts, and infrequent, > 30 minute intervals, orders are more likely to be filled closer to the theoretical price; however, if one's sells are the only trades, traders on the other side will take note and accept ever lowering implied volatilities. With knowledge of what traders will accept, it is always more optimal to trade out of options rather than exercise because of the added costs and uncertainty involved with exercising and liquidating."}
{"_id": "189868", "title": "", "text": "That expense ratio on the bank fund is criminally high. Use the Vanguard one, they have really low expenses."}
{"_id": "189874", "title": "", "text": "The market is not stupid. It realises that a company is worth less after paying out dividends than before paying them. (It's obvious, since that company has just given out part of its earnings.) So after a company pays out dividends, its stock price normally drops approximately by the amount paid. Therefore if you buy, get the dividend, and immediately sell, under normal conditions you won't make any profit."}
{"_id": "189878", "title": "", "text": "You're 100% correct here. This is without a doubt on me. But it's still absurd do to me making a mistake about one large transaction bringing my balance negative, every small transaction past it is getting hit with a $35 dollar charge. Multiple transactions that a few dollars become an almost $50 dollar purchase a pop. They're making a killing off of people trying to make a living."}
{"_id": "189879", "title": "", "text": "I see several interesting statement in your question.  A. my only income is from my Employer B. I also receive employer stock (ESPP, RSU, NSO). However, employer withholds taxes for these stock transactions through my broker (I see them broken down on my W2).  C. I have been subject to Alternative Minimum Tax. A implies a simple tax return. B and C tell the opposite story. In fact if B is not done correctly The amount withheld due to payroll may be perfect but the under withholding could be due to the ESPP's, RSUs and NSOs.  The AMT can throw everything else out the window.  If a person has a very simple tax situation: Income doesn't change a lot from paycheck to paycheck; they take the standard deduction; the number of exemptions equals the number of people in the family. Then the withholding is very close to perfect.  The role of the exemptions on the W-4 is to compensate for situations that go above the standard deduction. The role of extra withholding is when the situation requires more withholding due to situations that will bring in extra income or if the AMT is involved."}
{"_id": "189881", "title": "", "text": "I use an offset mortgage. (No interest is paid, but the amount in the savings account is subtracted from the outstanding mortgage amount before interest is calculated, so the mortgage is paid off faster by the interest amount saved). The money is instantly accessible and there is no tax as the benefit is reduced/saved interest. However, the mortgage rate is slightly higher, so it works best if your emergency funds are a reasonably large proportion of the mortgage amount outstanding."}
{"_id": "189887", "title": "", "text": "\"You're a partnership. You should ask the money to be paid to the partnership. You'll have to fill partnership income tax return (form 1065) and each of you will get a K-1 schedule with your own personal portion of the income. For example, you're Adam, Ben and Clara. You work together on a project and are being paid. You get a check for $300 issued to \"\"Adam, Ben and Clara, DBA ABC Partnership\"\". You don't have to have a DBA, it just makes it easier to show you as a single entity. You then deposit the check to an account you set up for your partnership, and from that account you transfer $100 to each of you. Year end, you file form 1065, showing $300 income, and attach K-1 for each of the partners showing $100 income. That $100 income will flow to your individual tax returns. The overhead here is setting up a partnership account, potentially making a DBA, and filing the extra tax return. That's the proper way to do it, especially if it is something you're going to do regularly. For a one-time thing, one of you can get paid, report it as income on his/her Schedule C, and issue 1099 to the rest of you for your parts, and deduct the amount as his/her expense. Here, the overhead is Schedule C for each of you (instead of Schedule E if handling it as a partnership), extra 1099 forms (instead of 1065 and K-1s), and a risk of one partner defrauding the others (depends on how much you trust each other). With proper documentation, each of these is equally legal, and tax-wise the costs are the same (i.e.: either way you pay the same taxes). With partnership the overhead is a bit more expensive (DBA+1065 extra cost), but in the long term it will make your life easier if you do this kind of thing regularly. You may want to consider setting up your partnership as a LLC/LLP (depending on what your State allows), but that would require State paperwork and potentially more fees.\""}
{"_id": "189889", "title": "", "text": "Each ATM, the machine, belongs to one or more networks. Those networks work with multiple types of cards. Each card belongs to one or more networks. The overlap of the networks the machine belongs to, and the card belongs to determines if the card works and what fees and limits apply. In general if the credit card belongs to one of the major networks (VISA, Master Card, American Express and Discover) you shouldn't have a problem finding a ATM that will give you a cash advance, or even a cash advance without an ATM Fee. Each credit card network should have a web interface to show you where the ATMs are that will work with the card. If it is a store credit card it still might belong to one of the major networks.  If the bank that issues the card is local you can probably get a cash advance at the bank branch. Use the website to see if the ATM/Branch  locations are convenient for you. The actual limits are a function of the card type, and the credit limit that you have been approved for. In my experience the maximum amount of cash advance outstanding is half the credit limit, but you need to check with your card.  Keep in mind unless you have a special offer from the credit card company expect that there will be a fee charged by the credit card company for the cash advance, this is in addition to a fee charged by the ATM.  Also remember that interest starts to accumulate on day one of the cash advance. It isn't  like a regular purchase that might not be charged interest until the cycle closes and the payment is due.  The documentation from the credit card company will describe all the fees and limits."}
{"_id": "189894", "title": "", "text": "In addition to the excellent answers here I might suggest a reason for investing in leveraged funds and the original purpose for their existence.  Lets say you run a mutual fund that is supposed to track the performance of the S&P 500.   If you have cash inflows and outflows from your fund due to people investing and selling shares of your fund you may have periods where not all funds are invested appropriately because some of the funds are in cash.  Lets say 98% of your funds are invested in the securities that reflect the stocks in the S&P 500.  You will will miss matching the S&P 500 because you have 2% not invested in some money market account.   If you take 1/3 of the cash balance and invest in a triple leveraged fund or take 1/2 of the funds and invest in a double leveraged fund you will more accurately track the index to which your fund is supposed to track.  I am not sure what percentage mutual fund owners keep in cash but this is one use that I know these ETFs are used for. The difference over time that compounding effects have on leveraged funds is called Beta Slippage. There are many fine articles explaining it at you can find one located at this link."}
{"_id": "189912", "title": "", "text": "\"I think often times the personality traits that make founders so successful are the same traits that keep them from giving up control. By the time you've made it to the top of the mountain you've proven everyone who ever said \"\"do this\"\" wrong. So people saying \"\"step aside\"\" isn't going to do anything but convince you that you can prove them wrong again.   It's easy to say \"\"put your ego to the side\"\" but when your stubbornness and smarts helped get you where you are, it's not easy to look inside yourself and say \"\"I'm not the best guy for this.\"\"\""}
{"_id": "189913", "title": "", "text": "However when you adjust for productivity, the new yorker is also a few hundread times more productive.  We try and try to help the poorest few, but in the end these are the same people that sabotage infrastructure improvments and who hold their girls from bring educated becsuse some book tells them feudal way of life is more godly."}
{"_id": "189915", "title": "", "text": "Many of the above comments are correct about illiquidity.  If someone needs to trade at a time of low liquidity, for instance when the markets are closed, the bid/ask spread can often be large to induce someone to trade at odd times.  Especially as the broker/bank on the other side of the trade can't immediately go to the market to close out the risk as they often prefer to do. In this case the jump is actually is large but not that large (~4%).  Note this trade price is near the close price on the day before. The system I use shows a trade that evening for 5 shares near the price on the graph.  If you called me after I was done with work and tried to buy 5 shares I'd quote you a bad price too."}
{"_id": "189920", "title": "", "text": "\"That amount of shares is too low to create \"\"ripples\"\" in the market. Usually you don't specify the price to sell the stock, unless you are personally on the floor trading the securities. And even then, with a volume of $50,000 it would just mean you threw away $45,000. For most people it would mean setting a $5 sell order, and the broker would understand that as \"\"sell this security so long the price is above $5\"\". When you get to the trading volume required to influence the price, usually you are also bound by some regulations banning some moves. One of them is the Pump and Dump, and even if you are suggesting the opposite, it might be in preparation of this scam. Also, the software used for High Frequency Trading (what all the cool kids[a] in Wall Street are using these days) employ advanced (and proprietary) heuristics to analyze the market and make thousands of trades in a short interval of time. On HTF's speed: Decisions happen in milliseconds, and this could result in big market moves without reason.  So a human trader attempting to manipulate the market versus these HTF setups, would be like a kid in a tricile attempting to outrun the Flash (DC comics). [a] Cool Kid: not really kids, more like suited up sharks. Money-eating sharks.\""}
{"_id": "189958", "title": "", "text": "Here at Position1SEO, our effective search engine optimisation techniques ensure that your website will receive increased traffic. We utilise strategies like posting high-quality content on your website and maintaining a strong social media presence of your business on all major platforms. Visit our website at position1seo.co.uk for more information about our services."}
{"_id": "189978", "title": "", "text": "This will be difficult to achieve.  It can be done, but it's very rare to have an agreement where your employer is willing to max out your contribution limit unless you are a partner in the business or a family relation. In this situation the extra employer money would probably come from a profit sharing contribution. If your employer increases your match, others are correct that your employer would have to increase the match for everyone. Not so with a profit sharing contribution. This is assuming 2 things though: Both of those are BIG if's, and I'd say 99% of the time it's not gonna happen for either of those two reasons. Your chances are better if you don't own >5% of the company, don't make over $120,000/year, and are related to you employer. Good luck!"}
{"_id": "189979", "title": "", "text": "I didn't say only the IPO I just said public offerings. Trades between secondary investors would be taxed at a higher level. I also understand the difference between loaning money to a company and investing in equity.  Personally I think that loans are underused in today's investment world because people are too focused on getting the most out of the few big winners."}
{"_id": "189989", "title": "", "text": "Are the $18,000 401k 2017 limit and the $5,500 IRA limit mutually exclusive for a combined limit of $23,500 (under 49)? Yes, but the amount that you can deduct from a traditional IRA depends on your gross income and marital status - See publication 590-A for details.  Also note that the limit applies to your combined traditional and Roth IRA contributions (meaning you can't contribute $5,500 to both; just a total of $5,500 between the two). I'm also assuming employee match $ count towards these limits - is this correct No - the limit for combined contributions between you and your employer is $54,000 in 2017.  So if you contribute $18,000 your employer can only contribute $36,000."}
{"_id": "189994", "title": "", "text": "To be on the safe side - you'll want to get the full invoice. You don't need to actually print them, you can save it as a PDF and make sure to make your own backups once in a while. Only actually print them when the IRS asks you to kill some trees and send them a paper response, and even then you can talk to the agent in charge and check if you can email the digital file instead. The IRS won't ask for this when you file your taxes, they will only ask for this if you're under audit and they will want to actually validate the numbers on your return. You'll know when you're under audit, and who is the auditor (the agent in charge of your case). You'll also want to have some representation when that happens."}
{"_id": "190011", "title": "", "text": "\"&gt;so I would like to ask you which, at this project, poor management skill of Oracle staffs or plan of Oregon are worse to be accused.  **I believe there is an increased burden on the employer (Oregon) to effectively manage the scope of the work required for the project that the contractor (Oracle) is working on**.  Otherwise, the contractor has plausible deniability for being able to provide deliver a quality working solution.  &gt;Or do you think that plan was made mainly by Oracle?  I think the plan was **mostly made by Oracle with the requirements given by Oregon**, and that's where things seem messy.  My gut tells me though that when an employer hires a contractor for the creation of a fully integrated enterprise system, that the employer essentially signs their financial life away to the project in a way that absolves the contractor of indirect or direct \"\"damages\"\" that come from the result of unforeseen implementation requirements or issues.  Oracle has been around long enough to know how to legally cover their asses.  If there is anything that Oregon may have traction on, it would be a few of their fraud claims, given that Oracle has made [two settlements](http://en.wikipedia.org/wiki/Oracle_corporation#Justice_Department_lawsuit) with federal agencies of ~$100 &amp; ~$200 million since 2011 which were from allegations of fraud or false claims.  Such claims by Oregon may be supported by the fact that they allegedly have a former Oracle employee who can substantiate the poor quality of the product they were giving to Oregon, but that blame might go back to Oregon's specifications which I have no insight into.  As someone who has witnessed a couple of employer and contractor relationships between public &amp; private entities, my hope out of all of this is that:  * Sales people for contractors think twice before over-promising technology solutions that their company can't fully deliver on given resource constraints or lack of employer specifications.  * Employers \"\"hiring\"\" such entities manage them, expectations, plus the overall project effectively while accepting personal accountability &amp; responsibility.  I think the only people who have a clear picture of what was going on were anyone from either party who were on the front lines of managing the project, developing the systems, or running them.\""}
{"_id": "190052", "title": "", "text": "\"I wasn't linking her performance to her gender, I don't think any of these CEO's are failing because they have a menstrual cycle, they are just making poor decisions.  It is impossible to ignore gender when we are constantly hearing about the \"\"Tech Gap\"\" and the puff stories about being a female CEO in a male dominated industry. It is entirely relevant.\""}
{"_id": "190077", "title": "", "text": "\"It's really not your fault for not negotiating a better salaray.  It's your fault for *having a problem* and not taking care of it.  You felt undervalued and unappreciated, and because of that you left your job.  Do you think your employers *would have liked to know that???*    How do you think that conversation would have gone?   \"\"Well boss, I've been working for you for a while now, and I've stuck it out while you looked for more people, and frankly I feel insulted at the difference between what you're paying them and what you're paying me.  It's really getting to me, and I'm considering looking for a different position.\"\"  I can tell you how that would have gone.  There are *only* three ways:    The first is that the new guy is being paid for a skill or talent you don't know about that actually does make him more valuable than you.  (You can respond then: how do I get those skills so I can get that kind of pay, too?)    The second is that the person was hired at whatever the asking rate was because they were desperate for people, and they certainly don't want to loose you, so they'll work with you to bring your compensation in line with the going rate.  The third is that they have been having problems with you, you seem poorly motivated, your work is suffering and you don't get along with anyone, so they're not interested paying any more for your services and you're welcome to look for a better deal.    Come on man, the WORST outcome leaves you no worse off than what you did to yourself!  The best outcome could have been worth 15K/yr!  And it would have given your employer the chance to do right by you.  Even if you ultimately decided to take a different position, you would have known where you stood, and almost certainly you would have left with a better taste in your mouth.  Your problem is that you failed to let anyone know about your problem.  Or worse, you bitched and moaned to everyone except the people who could have done something to help.\""}
{"_id": "190079", "title": "", "text": "What a stupid article. Does he think time stands still if Uber grows? Nobody will ever be able to offer rides at a reasonable cost?   Does he think that money will keep pouring into Uber forever, allowing them to do what? Lose money on a service?"}
{"_id": "190080", "title": "", "text": "There may well come a 'tipping point' where suddenly personal bankruptcy becomes socially acceptable simply because there are so many people underwater and so many people - previously 'good' people - have defaulted. As you say, I can see a (retroactive if necessary) law preventing people from being freed of debt."}
{"_id": "190126", "title": "", "text": "\"&gt; don't think Hillary would've delivered the same results (or Bernie,...  First, absolutely not under Bernie. Just his nomination or him being the president would kill the economy.  As for Hillary, I did not vote for her, neither most American, not because she would do bad with the economy (but Trump would do better than her, for sure.)  Just one example about Hillary: she cheated on debate questions that she got from fake-news CNN. If my son cheated on a test like that, he would be expelled from school. No other would-be president did such a s thing or even consider to do such a thing.  Meanwhile, Trump, not even a politician, handled the debate questions very very well.  So you want me to vote for Hillary who has zero morals, zero accomplishments in the past (she's just a \"\"wife of...\"\"), mishandle top secret e-mail(s), rigging DNC elections against Bernie, etc?  FYI, I am a democrat and I voted for Obama twice, Al Gore (idiot!) and Kerry (bigger idiot).  I prefer to vote for a democrat, but not when the DNC and the Candidate is corrupt to the core, evil, killers, cheaters, etc.  And you also believe anything from CNN after they cheat with Hillary on debate questions?  So you wrote, and I wrote back:  &gt;&gt;&gt;How can it be fake news when we're looking at government generated economic data?  &gt;&gt; Because government economic data shows the economy improved under Trump!  &gt; So yes, it's doing better than a year ago.  You see? First you claim, based on fake news, that economy under Trump is not doing good, and then, quickly, the story changes.\""}
{"_id": "190135", "title": "", "text": "\"Since you have no sales, I'd likely question how well could you determine the value of the company's assets in a reasonable fashion. You may be better to estimate sales and discount that back to a current valuation. For example, insurance companies could determine that if you wanted to be paid $x/month for the rest of your life, the present day value of that is $y. There are similar mechanisms for businesses but this does get tricky as the estimates have to be somewhat conservative and you have to be prepared for some other scenarios. For example, if you got the $200,000 then would you really never have to ask for more external equity financing in the future or is it quite likely that you'd want another infusion down the road? While you can mark it at $1,000,000 there will be questions about why that value that you'd have to answer and saying, \"\"Cause I like big round numbers,\"\" may not go over well. My suggestion is to consider what kind of sales will the company have over the next 5 years that you could work back to determine a current price. If you believe the company can have $5,000,000 in sales over the 5 years then it may make sense to place the current valuation of $1,000,000 on it. I wouldn't look too much into the money and time you've invested as that isn't likely to go over well with investors that just because you've put in what is worth $x, the business may or may not be worth that. The challenge is that without sales, it is quite difficult to get an idea of what is the company worth. If it makes billions, then it is worth a lot more than a company that never turns a profit. Another way to consider this is the question of what kind of economic output do you think you could do working here for the next 5 years? Could you do thousands of dollars of work, millions of dollars or just a few bucks? Consider how you want this to be seen where if you want some help look up episodes of TV shows like \"\"Dragon's Den\"\" or \"\"Shark Tank\"\" as these give valuations often as part of the pitch which is what you are doing.\""}
{"_id": "190138", "title": "", "text": "Well sure. That's truer than most people realize.  And it's aall well and good if you're not going to inflate asset prices to keep the Ponzi going.  But if you're going to play the asset price inflation game with ever larger debt bubbles, then those two dynamics are going to conflict with each other."}
{"_id": "190152", "title": "", "text": "\"I'm sure the domain was the primary reason they started the conversation to begin with. Facebook was trying to trademark the word Face a while back. Maybe this a a coup in order to be able to say they should own it...however, face.com is a much better domain, but a branding nightmare. Sure you have 500,000,000+ users calling you Facebook...just change it.  Cue Justin Timberlake \"\"Drop the Book...just Face\"\"\""}
{"_id": "190169", "title": "", "text": "\"Do some homework to determine what is really a fair price for the house.  Zillow helps.  County tax records help, including last sale price and mortgage, if any (yes, it's public).  Start at the low end of fair. Don't rely on the Realtor.  He gets paid only if a sale occurs, and he's already coaxing you closer to a paycheck.  He might be right with the numbers, though, so check for yourself. When you get within a thousand or two of acceptance, \"\"shut up\"\".  I don't mean that in a rude way.  A negotiating class I took taught me how effective silence can be, at the right time.  The other side knows you're close and the highest you've offered.  If they would be willing to find a way to come down to that, this is the time.  The awkward silence is surprisingly effective.\""}
{"_id": "190190", "title": "", "text": "The Misanthropic Bitch called, she wants her act back. Your post history, sadly, speaks volumes for your willful ignorance and rather disheartening desire to try and feel better about what is likely a miserable life by attempting to insult others.  Perhaps in a few years you'll actually get good at it. For now, you're in the kiddie end of the pool if you're trying to aim that shit at me, I had a masters in it when you were in diapers.  Still funny to watch, but sadly predictable and obvious to anyone with actual cerebral function. Enjoy your stay! &lt;3"}
{"_id": "190225", "title": "", "text": "If you have no credit history but you have a job, buying an inexpensive used car should still be doable with only a marginally higher interest rate on the car. This can be offset with a cosigner, but it probably isn't that big of a deal if you purchase a car that you can pay off in under a year. The cost of insurance for a car is affected by your credit score in many locations, so regardless you should also consider selling your other car rather than maintaining and insuring it while it's not your primary mode of transportation. The main thing to consider is that the terms of the credit will not be advantageous, so you should pay the full balance on any credit cards each month to not incur high interest expenses. A credit card through a credit union is advantageous because you can often negotiate a lower rate after you've established the credit with them for a while (instead of closing the card and opening a new credit card account with a lower rate--this impacts your credit score negatively because the average age of open accounts is a significant part of the score. This advice is about the same except that it will take longer for negative marks like missed payments to be removed from your report, so expect 7 years to fully recover from the bad credit. Again, minimizing how long you have money borrowed for will be the biggest benefit. A note about cosigners: we discourage people from cosigning on other people's loans. It can turn out badly and hurt a relationship. If someone takes that risk and cosigns for you, make every payment on time and show them you appreciate what they have done for you."}
{"_id": "190228", "title": "", "text": "\"But there's no proof that it's a distinguishing factor or dispositive. Correlation doesn't equal causation, etc.   These \"\"successful people benefited from luck\"\" navel gazings serve no useful purpose other than to diminish the accomplishments of those who have achieved something and/or to make people feel better about their own lack of accomplishment. Might as well say \"\"successful people are mostly Capricorns\"\" or \"\"they were all raised in cribs facing east\"\"  I think it's just a pointless exercise in mental masturbation.\""}
{"_id": "190261", "title": "", "text": "The NY company's board of directors are your agents and fiduciaries.  I'll call them your agents below.  The acquiring company entered into some contract that your agents negotiated.  Whatever the acquiring company owes you in terms of money, equity, or specific communication is based on what your agents dealt for in the sale contract.   Best ask your agents what they got for you."}
{"_id": "190264", "title": "", "text": "Read the Security Analysis.  I believe if you read it completely, you will have a real good chance of succeeding at making good money.  If you find the book hard to read just go through it and underline under the text as you read it."}
{"_id": "190266", "title": "", "text": "\"There is such a thing as Deposit Only. This will allow the individual's account to function only for collection of monetary deposits.  NO ONE will be able to withdraw...only deposit.  The account holder may still physically withdraw at their banking institution.  Think of it as taking your account from a \"\"public\"\" profile to a \"\"private\"\" profile.  Doing this is beneficial for ppl who may have been scammed into a program or product where there account is bieng fraudulently overdrafted, or simply to protect your funds from bieng drafted without your approval or despite your requests for ceasing the drafts.  When making your account a deposit only account it's a good idea to open a NEW account at a Different banking institution, because some banks will still allow an account that is \"\"attached\"\" to the deposit only account to be drafted from it.   WIth the new account you can utilize that one for paying day to day bills and just transfer funds from the deposit only account to the new account.   A deposit only account is also a good way to build up a nice nest egg for yourself or even a young adult! source- Financial Adivsor 4years-\""}
{"_id": "190280", "title": "", "text": "\"I don't think email will be going away anytime soon. It's \"\"good enough\"\" and has been for 40+ years. While plenty of new technologies have been heralded as the death of email, it just keeps keeping on while the newbies have faded into history or found their own separate niche in the communication landscape.\""}
{"_id": "190325", "title": "", "text": "\"To answer your first two questions: according to IRS pub 696 \"\"Contributions to an HSA\"\" section: Rollovers A rollover contribution is not included in your income, is not   deductible, and does not reduce your contribution limit. Archer MSAs and other HSAs.   You can roll over amounts from Archer   MSAs and other HSAs into an HSA. You do not have to be an eligible   individual to make a rollover contribution from your existing HSA to a   new HSA. Rollover contributions do not need to be in cash. Rollovers   are not subject to the annual contribution limits.   You must roll   over the amount within 60 days after the date of receipt. You can make   only one rollover contribution to an HSA during a 1-year period. Note. If you instruct the trustee of your HSA to transfer funds directly to   the trustee of another HSA, the transfer is not considered a rollover.   There is no limit on the number of these transfers. Do not include the   amount transferred in income, deduct it as a contribution, or include   it as a distribution on Form 8889, line 14a. (italics mine) So if you transfer the money yourself, you can only do it once per year, but there are no limits to when or how many times you can instruct the old HSA trustee to transfer funds directly to the new trustee.\""}
{"_id": "190345", "title": "", "text": "I don't have a problem with Prime itself (I would pay way more in same/next day shipping than I do free through Prime, not to mention Prime Video) but having to pay extra to get Pantry/Fresh, and then *also pay delivery fees in addition to that*, is fucked up."}
{"_id": "190347", "title": "", "text": "\"Well there are a couple reasons that people from various countries use specific currencies:  1.  Government courts will recognize the settlement of contracts if they are paid with their local currency.  So even if you wanted to be paid in Swiss Francs, your contracting partner can choose to pay you in USD instead.  This artificially inflates the value of the local currency by increasing demand for it.  2.  You're only allowed to pay your taxes in the local currency.  This also artificially increases the demand for it, and it's the \"\"root value\"\" of the currency - people clamor for bits of green paper because if they don't have enough of it to pay off the tax man, they'll go to jail.\""}
{"_id": "190351", "title": "", "text": "\"There may well be several such graphs, I expect googling will turn them up; but the definition of risk is actually quite important here. My definition of risk might not be quite the same as yours, so the relative risk factors would be different. For example: in general, stocks are more risky than bonds.  But owning common shares in a blue-chip company might well be less risky than owning bonds from a company teetering on the edge of bankruptcy, and no single risk number can really capture that. Another example: while I can put all my money in short-term deposits, and it is pretty \"\"safe\"\", if it grows at 1% so that my investment portfolio cannot fund my retirement, then I have a risk that I will run out of money before I shuffle off this mortal coil.  How to capture that \"\"risk\"\" in a single number? So you will need to better define your parameters before you can prepare a visual aid. Good Luck\""}
{"_id": "190377", "title": "", "text": "\"Yes, you've successfully proved that I think NPV and marginal utility are the same thing.  Let me state this explicitly. You didn't hesitate to throw out tools that don't agree with your prescriptions. You invoked the false premise that indivuduals manually and exhaustively calculate NPV of possible decisions. Instead of refuting the points of the argument you resorted to personal attacks. That's fine, I've already lowered my expectations after reading your first comment.  If NPV should be thrown out because you claim noone explictly uses it to guide their decisions what does that say about marginal utility? Why should 1 tool be thrown out but the other kept?  Essentially you are saying we should keep all of the tools that confirm your absurd assertions and throw out the tools that may cast doubt on them.  But hey, maybe I should \"\"stop acting like I know what I'm talking about\"\"\""}
{"_id": "190384", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ineteconomics.org/perspectives/blog/how-economists-turned-corporations-into-predators) reduced by 95%. (I'm a bot) ***** &gt; LP: What have these academic theorists missed about how companies really operate and perform? How have their views impacted our economy and society?  &gt; These are aggressive corporate predators who buy shares of a company on the stock market and then use the power bestowed upon them by the ill-conceived U.S. proxy voting system, endorsed by the Securities and Exchange Commission, to demand that the corporation inflate profits by cutting costs.  &gt; LP: So if shareholders and executives are too often just looting companies to enrich themselves - &amp;quot;Value extraction,&amp;quot; as you put it - and not caring about long-term success, who is in a better position to decide how to run them, where to allocate resources and so on?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74pl6s/how_economists_turned_corporations_into_predators/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~223416 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **value**^#2 **share**^#3 **corporate**^#4 **stock**^#5\""}
{"_id": "190385", "title": "", "text": "\"No, it can really not. Look at Detroit, which has lost a million residents over the past few decades. There is plenty of real estate which will not go for anything like it was sold. Other markets are very risky, like Florida, where speculators drive too much of the price for it to be stable. You have to be sure to buy on the downturn. A lot of price drops in real estate are masked because sellers just don't sell, so you don't really know how low the price is if you absolutely had to sell. In general, in most of America, anyway, you can expect Real Estate to keep up with inflation, but not do much better than that. It is the rental income or the leverage (if you buy with a mortgage) that makes most of the returns. In urban markets that are getting an influx of people and industry, however, Real Estate can indeed outpace inflation, but the number of markets that do this are rare. Also, if you look at it strictly as an investment (as opposed to the question of \"\"Is it worth it to own my own home?\"\") there are a lot of additional costs that you have to recoup, from property taxes to bills, rental headaches etc. It's an investment like any other, and should be approached with the same due diligence.\""}
{"_id": "190394", "title": "", "text": "&gt;Moreover, after WW2, the USA population was half of what it is today. Same size pie, smaller slices. Pies (aka total amount of resources) don't magically change sizes when populations grow. It was for this very reason that people in the 1500s were desperate to find new land like the Americas; Europe was getting overcrowded.  GDP per capita is [higher than it's ever been.](http://www.multpl.com/us-real-gdp-per-capita/table/by-year). Try again.  Since you didn't address any of my real points (which were labeled in bold), and are claiming bogus facts and arguing against points I didn't make (that's called a straw man argument btw), I'm now of the opinion that you're either a shill or wilfully ignorant and shan't argue more."}
{"_id": "190403", "title": "", "text": "&gt;The IPO price of $38 meant that Facebook's P/E ratio was 104x which is absurd for an IPO.  Anyone who couldn't work that out for themselves _and_ interpret it should not be buying stocks directly and has no leg to stand on if they lost money on FB stock."}
{"_id": "190427", "title": "", "text": "If you have an increasing population but a steady supply of wealth then there will be a perceived effect of decline.  As the average person can afford less and less.  If inflation is factored in this effect is accelerated as the value of money is reduced but the availability of that money is as well.  In this model those who have tend to accumulate as they produce. And those who do not have tend to lose wealth as they consume to fill basic needs, at ever increasing prices, with a declining source of income, exacerbating the effect.   If you control your population, prevent inflation and deflation, and maintain a constant production/consumption cycle that is perfectly in balance then you could have that utopian society.  But in practice there is waste.  That waste makes maintaining that balance impractical at best.  People have different desires and motivations.  So while that utopian society that you propose seems possible at the theoretical level when solely looking at the mechanics and economics, in practice it becomes more about managing the people.  Which makes the task virtually impossible. As for the debt issue that is the strategy of many of the western nations.  Most of them experienced growth over the last 50 years that was unprecedented in history.  Many of them simply assumed it would continue indefinitely and failed to plan for a downturn.  In addition they planned for the growth and borrowed based on the assumptions.  When the growth slowed several continued to use the same projections for their budgeting, with the effect of spending money they would not take in.  So in a way, yes the growth is needed to service the continued growth of debt, unless the government issuing that debt is willing to reduce its expenses."}
{"_id": "190474", "title": "", "text": "The thing with this test, ANYONE can take it. So fresh/soph, grad students, ivy league students, etc.. Worth taking if they come to your school but not worth studying for.  I took 2 semesters ago, halfway through I was like fuck this and skipped all calculations. 9am + hangover = nothxbro. Finished an hour + before anyone else I was told, still pulled a 62"}
{"_id": "190484", "title": "", "text": "There are really only two options: invoiced, or paid. Everything else is not relevant from a tax or accounting point of view. Of course, if you're invoicing as you go along or collecting deposits once things are in your order books, then that amount of money is relevant. Working things out according to when you invoice is called working on an accrual basis. Working it out according to when you get paid is called working on a cash basis. Wikipedia explains the distinction, which also applies to your expenses: when did you incur them (get the bill) vs when you did you pay it. In some jurisdictions and for some kinds of companies, you can choose which of these two bases to work on (but no other basis.) There is advice on the UK government website about keeping your accounts. It includes a link to a PDF and on page 15 of that 100 page PDF it states: 2.14 The financial statements, with the exception of cash flow information, shall be prepared on the accruals basis of accounting. HENCE, ALL INCOME AND CHARGES RELATING TO THE FINANCIAL YEARTO WHICH THE ACCOUNTS RELATE MUST BE TAKEN INTO ACCOUNT, WITHOUT   REGARD TO THE DATE OF PAYMENT OR RECEIPT. That seems pretty clear to me. When you invoice. Period."}
{"_id": "190485", "title": "", "text": "Stop paying too much for your online tutoring! Web Tutors provides the most professional online tutors for the absolute lowest price on the web. If you need math help, algebra help, science help, business help or any other online tutoring services, Web Tutors is the place to go. Get access to live tutors 24/7 from the comfort of your own home on your PC or even your tablet!"}
{"_id": "190487", "title": "", "text": "Living in Birmingham is like living in a royal land full of to class luxuries and amenities. And when you see every other celebrity and person enjoying the best things of life, you want some of them for yourself too. It is not a sin to enjoy some special things every now and then."}
{"_id": "190497", "title": "", "text": "\"Sales tax and luxury tax is what you will have to pay tax wise, and they are non-refundable (in most cases but the rules vary area to area).  This really tripped up some friends of mine I had come from England.  The rules are complicated and regional.  Sales tax is anywhere from 0% to 10.25% and are not usually applied to raw foods.  Luxury taxes are usually state level and only apply to things most people consider a large purchase. Jewelry, cars, houses, etc. Not things your likely to buy. (Small, \"\"normal\"\" jewelry usually doesn't count. Diamond covered flava-flav clock ... probably has a luxury tax.) For sales tax, it can change a lot. Don't be afraid to ask. People ask all the time. It's normal. I personally add 10% to what I buy. Sales tax in my city is 7%, county is 6.5%, state is 6%. So you can get different rates depending on what side of the street you shop on some times.  Under normal circumstances you do not get a refund on these taxes. Some states do give refunds. Usually however the trouble of getting that refund isn't worth it unless making a large purchase.  You are not exempt from paying sales tax. (Depending on where you go you may get asked). Business are exempt if they are purchasing things to re-sell. Only the end customer pays sales tax.  Depending on where you go, online purchases may not be subject to sales tax. Though they might. That, again, depends on city, county, and state laws. Normally, you will have to pay sales tax at the register. It will be calculated into your total, and show as a line item on your receipt. http://3.bp.blogspot.com/-yAvAm2BQ3xs/TudY-lfLDzI/AAAAAAAAAGs/gYG8wJeaohw/s1600/great%2Boutdoors%2Breceipt%2BQR-%2Bbefore%2Band%2Bafter.jpg Also some products have other non-refundable taxes. Rental car taxes, fuel taxes and road taxes are all likely taxes you will have to pay.  Areas that have a lot of tourists, usually (but not always) have more of these kinds of taxes.  Friendly note. DON'T BUY DVDs HERE! They won't work when you get home. I know you didn't ask but this catches a lot of people. Same for electronics (in many cases, specially optical drives and wireless).\""}
{"_id": "190503", "title": "", "text": "Hits 3 I go in big.  You think it'll still be at 3 in 5 or 10 years? Come on now.  It ain't going under and the economy will rebound. When it does, all the bank stocks will come back. It's quite simple, really."}
{"_id": "190504", "title": "", "text": "Plan and host your event at Hidden Hills Banquet Facilities. We serve the Leominster area and we can customize each event to meet your needs. We are comfortable accommodating every event - weddings, corporate parties, birthday parties, showers, rehearsal dinners, corporate trainings and alike. Call us today."}
{"_id": "190515", "title": "", "text": "\"Others have told you about the soap (bubbles doesn't mean cleansing) and toothpaste (mint scent doesn't mean \"\"clean\"\"), and I can tell you about the laundry detergent: stains and whitening are due to agents added to the detergent specifically for that and have downsides (faster wear of garments, faster loss of other colour, some people are allergic).  I know absolutely nothing about \"\"honest co\"\" products, but your complaints are somewhat off.\""}
{"_id": "190522", "title": "", "text": "I didn't realize that was twitter. You're right that it doesn't sound like there is one, but it also doesn't sound like there isn't one. If business guy was generally more reasonable I'd assume there would be as generally you'd get one first. But just because he's unreasonable now doesn't totally exclude the possibility.  On the facts as we have em you're right but seems there very reasonably could be more based on his comment and general situation."}
{"_id": "190532", "title": "", "text": "**Feudalism**  Feudalism was a combination of legal and military customs in medieval Europe that flourished between the 9th and 15th centuries. Broadly defined, it was a way of structuring society around relationships derived from the holding of land in exchange for service or labour.  Although derived from the Latin word feodum or feudum (fief), then in use, the term feudalism and the system it describes were not conceived of as a formal political system by the people living in the Middle Ages. In its classic definition, by Fran\u00e7ois-Louis Ganshof (1944), feudalism describes a set of reciprocal legal and military obligations among the warrior nobility revolving around the three key concepts of lords, vassals and fiefs.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "190537", "title": "", "text": "I had a similar situation a while ago, and here's what I learned: What are our options here to ensure that this company can't retry to take our money again via ACH? Close existing account and create a new one that has different account number? Yes. As a temporary solution keep ~$0 balance in the account so that their request for $840 can't be fulfilled? However, would our bank incur any fees because of insufficient funds each time the other company tries to charge us again? Bad idea. You may incur penalties for returned payment, or the bank may honor the payment and charge you overdraft fees. Provide to our bank the service termination notice that proves that we   are not in business with the other company anymore and effectively   block them. However, termination notice has only our signature Bank doesn't care. ACH withdrawal is akin to a check. The assumption is that the other side has entitlement. You can put stop payment once its processed and try to reverse it claiming fraud, but the end result will be #1: you'll end up getting a new account set up, while they try to recover the money. This is one of the reasons I'm reluctant allowing standing ACH authorizations any more. Generally, the American banking system is very much geared against the consumers, and in many ways is very retarded. In a more advanced countries (which is almost any other country than the US), the standing withdrawal authorization goes through your bank and can be revoked."}
{"_id": "190539", "title": "", "text": "The FDIC guarantee is up to $250,000 per depositor per insured bank. If your goal is primarily to protect your money, you may want to consider depositing your money in multiple insured banks. I'll leave it to someone else to accurately define money market accounts and how they function, and the (very low) risks you take with them. Don't forget that inflation will eat into your money. It's unlikely you'll make enough interest either in a savings account or in a money market account to cover the inflation. You should factor this in to your overall investment plan."}
{"_id": "190542", "title": "", "text": "\"Over the repair of a phone?  Based on what kinds of \"\"damages\"\"... brain cancer via cell phone? (Even in the highly unlikely instance of such an absurd claim, they would go for the \"\"deep pockets\"\" -- are you as the phone repair guy likely to be considered to have deeper pockets than the company that manufactured the phone?  Doubtful.)\""}
{"_id": "190547", "title": "", "text": "The first problem is your math. Unless you are paying cash you will have a mortgage. So you'll need to add interest expense. And you will have property taxes whether you pay cash or not.   Cutting corners and delaying repairs helps with margins. So does raising the rent as often as you can.   For most Americans real estate is a store of wealth, not a generator of it."}
{"_id": "190553", "title": "", "text": "Typically the power of capitalized interest would work in your favor and you could carry the loan paying it down while investing the original sum which would earn interest. BUT you aren't going to get any sort of return to compare with 15% so pay off that loan immediately. Also contrary to popular belief (and reiterated here) paying off incurred balance on your credit card every month is responsible use of credit but it will not do much for your credit score. The score ultimately means your ability to pay your bills and most importantly your willingness to pay interest, i.e. revolving the borrowed money. At least in the consumer market where the product they want you to buy is paying monthly interest charges."}
{"_id": "190590", "title": "", "text": "The $10,000 mark is not a ceiling in importing cash, but rather a point where an additional declaration needs to be made (Customs Form 4790). At 1 million, I suspect you might be in for a bit of an interview and delay. Here's an explanation of what happens when the declaration isn't made: https://www.cbp.gov/newsroom/local-media-release/failure-declare-results-seizure-24000-arrest-two"}
{"_id": "190601", "title": "", "text": "'What' you have won't sell. 'Why' you do what you do and what you 'believe' is what will sell.  Don't sell a product, sell an idea.  As someone earlier said; we buy on emotions.  You want: Why - How - What  Not: What you have - How it can benefit - Why it's great  Hit home with someone and they'll buy into your passion, share your emotion, and trust your enthusiasm.  Posiyivity is also key. No-one wants to think about negatives or be around a negative person. Trigger positive thoughts and emotions in people with your marketing and when you speak to them and they'll be more inclined to listen.  And as someone else mentioned; arrogance. Don't be that person as no customer likes dealing with arrogance. Your product may be too good to you but put yourself in a customers' shoes that doesn't understand your product. Think of how it would baffle them and why."}
{"_id": "190603", "title": "", "text": "You can use google docs to create a spreadsheet. In field A2, I put Google will load the prices into the sheet. At that point, I add the following into C12, then copy that line all the way down to the botton of column C. You can find my spreadsheet here. It calculates the moving 10 day standard deviation as a percentage of average price for that time period."}
{"_id": "190604", "title": "", "text": "Go for the economics course; the entry level accounting/finance positions don't demand much in-depth knowledge, so you can either take extra courses or build on your economics background and learn on the job. At least for those couple of years at uni do something interesting and stimulating. the shit show comes later."}
{"_id": "190606", "title": "", "text": "They are valid checks, but you're going to get hassled when you try to use them. There's a perception that people using starter checks are more likely to bounce or otherwise be troublesome. When more payments were made with checks, some vendors would not accept checks with low numbers either! Checks are very cheap to get printed these days, save yourself some trouble and get some printed."}
{"_id": "190613", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://realinvestmentadvice.com/how-big-of-a-deleveraging-are-we-talking-about/) reduced by 91%. (I'm a bot) ***** &gt; With economic growth rates now at the lowest levels on record, the growth in debt continues to divert more tax dollars away from productive investments into the service of debt and social welfare.  &gt; The problem is that eventually, the debt reaches a level where the level of debt service erodes the ability to consume at levels great enough to foster stronger economic growth.  &gt; With the economy currently requiring roughly $3 of debt to create $1 of real, inflation-adjusted, economic growth, a reversion to a structurally manageable level of debt would involve a nearly $35 Trillion reduction of total credit market debt from current levels.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pilkb/how_big_of_a_deleveraging_are_we_talking_about/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~175389 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **growth**^#2 **economic**^#3 **level**^#4 **economy**^#5\""}
{"_id": "190619", "title": "", "text": "Is it possible that mutual funds account for a significant portion of this volume. Investors may decide to buy or sell anytime within a 24 hour period, but the transaction only happened at the close of the market. Therefore at 3:59 pm the mutual fund knows if they will be buying or selling stocks that day.  As nws pointed out the non-market hours are longer and therefore accumulate more news event. Some financial news is specifically given during the time the market is closed. Therefore the reaction to that news has to either be in the morning when the market opens or in the late afternoon if they are trying to anticipate the news.  Also in the US market the early morning trader may be reacting to European market activities."}
{"_id": "190635", "title": "", "text": "Credit card limits are, for the most part, soft limits; sometimes, a credit card will allow you to charge a little over your limit. The large amount they allowed you to go over your limit is unusual, but not unheard of.  It is your responsibility to keep track of how much you charge on your credit card, not the bank. Just like with a checking account, you are supposed to keep track of everything you charge so that you always know how much you have spent and can pay it off.  Raising your limit will not help your problem; it would only make it worse. You have already charged more than you can afford, and they have already effectively raised your limit by $1200.  I realize that this situation is tough, but fortunately, you have a learning opportunity here. I recommend you resolve to stop using the credit card in this way, and work toward paying off your debt to zero. At that point, treat your credit card as if it was a debit card, and only charge what you already have in the bank to pay off right away. (Or, just use a debit card and get rid of the credit card.) Learning to do this now will save you lots of money in interest.  If you don't learn to do this, you will find yourself in even more debt in the future, and it will be even harder to dig yourself out.  If you need some more help on getting out of debt and learning to budget your money, I recommend the book The Total Money Makeover by Dave Ramsey."}
{"_id": "190646", "title": "", "text": "IF you are looking Your best Bartlett NH Real Estate for Sale at I Love North Conway NH, We offer full service real estate brokers in Bartlett NH and nearby area. For more information call Office: 603-569-4663 Bill Barbin Cell: 603-986-0385."}
{"_id": "190653", "title": "", "text": "&gt; He added that the company will be providing ... outplacement services, including a job fair with local IT employers.  Why even bother with the charade: If Lowes doesn't see the need the need to hire in this country, why should anybody else?  It is a [good idea](http://www.theonion.com/article/report-98-percent-of-us-commuters-favor-public-tra-1434) for *everybody else* to carpool or use mass transit."}
{"_id": "190665", "title": "", "text": "Cutting taxes to raise tax revenue is a fantasy that has never come true. Reagan tried it and the [deficit skyrocketed](http://www.washingtonpost.com/opinions/five-myths-about-ronald-reagans-legacy/2011/02/04/ABs1qxQ_story.html), so he reversed it:  &gt;Certainly, Reagan's boldest move as president was his 1981 tax cut, a sweeping measure that slashed the marginal rate on the wealthiest Americans from 70 percent to 50 percent. The legislation also included smaller cuts in lower tax brackets, as well as big breaks for corporations and the oil industry. But the following year, as the economy was mired in recession and the federal deficit was spiraling out of control, even groups such as the Business Roundtable lobbied Reagan to raise taxes. And he did: The Tax Equity and Fiscal Responsibility Act of 1982 was, at the time, the largest peacetime tax increase in U.S. history.  Bush had two massive tax cuts, and deficits rocketed again. Cutting taxes doesn't bring more tax revenue in. Why not cut taxes to zero on the promise of infinite revenue?"}
{"_id": "190687", "title": "", "text": "\"Assuming your investments aren't in any kind of tax-advantaged account (like an IRA), they are generally not tracked and you indeed may pay more taxes.  What will likely change, however, is your cost basis.  You only pay tax on the difference between the value of the investment when you sell it and its value when you bought it. There is no rule that says once you sell an investment and pay taxes on the gain, you will never again pay any taxes on any other investments you then buy with that money.  If you own some investment, and it increases in value, and then you sell it, you had a capital gain and owe taxes (depending on your tax bracket, etc.).  If you use the money to buy some other investment, and that increases in value, and then you sell it, you had another separate capital gain and again owe taxes. However, every time you sell, you only are subject to capital gains taxes on the gain, not the entire sale price.  The value of the investment at the time you bought it is the cost basis.  When you sell, you take the sale price and subtract the cost basis to find your gain, So suppose you bought $1000 worth of some ETF many years ago.  It went up to $2000 and you sold it.  You have $2000 in cash, but $1000 of that is your original money back, so your capital gain is $1000 and that is the amount on which you owe (or may owe) taxes.  Suppose you pay 15% tax on this, as you suggest; that is $150, leaving you with $1850.  Now suppose you buy another ETF with that.  Your cost basis is now $1850.  Suppose the investment now increases in value again to $2000.  This time when you sell, you still have $2000 in cash, but this is now only $150 more than you paid, so you only owe capital gains taxes on that $150.  (A 15% tax on that would be $22.50.) In that example you had one capital gain of $1000 and a second of $150 and paid a total of $172.50 in taxes (150 + 22.50).  Suppose instead that you had held the original investment and it had increased in value to $2150 and you had then sold it.  You would have a single capital gain of $1150 (2150 minus the original 1000 you paid).  15% of this would be the same $172.50 you paid under the other arrangement.  So in essence you pay the same taxes either way.  (This example is simplified, of course; in reality, the rate you pay depends on your overall income, so you could pay more if you sell a lot in a single year, since it could push you into a higher tax bracket.) So none of the money is \"\"tax exempt\"\", but each time you sell, you \"\"reset the counter\"\" by paying tax on your gain, and each time you buy, you start a new counter on the basis of whatever you pay for the investment.  Assuming you're dealing with ordinary investment instruments like stocks and ETFs, this basis information is typically tracked by the bank or brokerage where you buy and sell them.  Technically speaking it is your responsibility to track and report this when you sell an investment, and if you do complicated things like transfer securities from one brokerage to another you may have to do that yourself.  In general, however, your bank/brokerage will keep track of cost basis information for you.\""}
{"_id": "190699", "title": "", "text": "\"DO NOT buy this car. First, I want to say I love BMW's.  There's a reason why they call them \"\"ultimate driving machine\"\" and why other car manufacturers compare their new models to BMWs.  I own 330i and I absolutely love it.  Every time you get into the car, it just begs you to push and abuse it.  Everything from steering response to throttle to engine sound.  Awesome car.  However... 1) BMW is not known for their reliability.  I've had to do numerous things to this car and if I didn't do the work myself (i like tinkering with cars), it would be a pretty big money pit (and actually still is).  German parts are more expensive then regular cars.  Labor will run you if you take it for service.  Right now my car is on jack stands while I'm fixing an oil leak, replacing cooling system components which are known to fail and doing work with the cam timing system which uses bad seals. 2) If you buy a used car which is 3 years old, just remember all the wearable items and everything that wants to break, will break 3 years sooner on you.  Someone else already pre-enjoyed your car's maintenance-free days.  At 60k-80k things will start to go.  Ask me how I know.  So you'll start paying for maintenance way before your 5-year loan expires.  Compare this 330i to the Acura Integra I used to have.  Acura (aka Honda) had 194k miles when I sold it and I NEVER ONCE got stranded with the Acura. 3) Fuel economy is not that good and btw you have to use the most expensive gas. 4) If you are really set on buying a BMW because you enjoy driving and won't drive like an old lady (my apologies to those old ladies that drive at least the speed limit, but you are not the majority), then still do not by this one and check out auctions.  I bought my 2003 330i in 2005 for 21k when it cost over 40k new.  You could probably find one with less than 20k miles on it. My final advice is either a) learn to at least do basic maintenance or b) stick to always buying new cars which don't have any issues in first 4-7 years, then move on before you have to schedule your life around your cars. on the bright side I doubt you'll have to ever replace the exhaust and you can buy tail lights on e-bay for roughly $60 :)\""}
{"_id": "190703", "title": "", "text": "I used to work in FP&amp;A and never had to use SQL at all.  What kind of companies are you looking at that require it?  I did end up using it when I switched over to the Strategic Analysis team (they were much more data heavy).  It was relatively easy to learn on the job but if you want to get out ahead of it you will have to know which software/database they use as there are different types of SQL language (I unfortunately found out.)    Feel free to PM me if you have any other FP&amp;A type questions."}
{"_id": "190708", "title": "", "text": "Our Website : http://www.bankroutingnumberfinder.com/ Choosing the Routing Number Lookup is as important as getting the most accurate information. The right service provider will give you the best and most helpful and up to date information that, you can found. Many people also use such service to do a background check on someone they wish to hire. Number lookup service has also been proven very useful for investigative purposes. Whatever your reason is for using such service, selecting a company that does all the things it promises and has established a good reputation in the industry is the best route to go."}
{"_id": "190714", "title": "", "text": "This is high-order scumbaggery, and Bank of America must be dissolved. I really cannot describe how angry this makes me.  These are the bastards whose fraudulent asses we bailed out, many paying for that bailout with the new taxes on unemployment insurance? While BofA execs buy Ferraris and yachts with our money? Good God. Hang them!"}
{"_id": "190715", "title": "", "text": "Un contrato de arrendamiento es simplemente un contrato entre un arrendador y un arrendatario que indica lo que el inquilino pagar\u00e1 mensualmente por alquiler y por cu\u00e1nto tiempo. contrato de arrendamiento, como muchos contratos, tienden a intimidar a algunas personas porque gran parte del lenguaje en el contrato puede ser confuso. Sin embargo, si usted tiene una comprensi\u00f3n b\u00e1sica de lo que est\u00e1 incluido en un contrato de arrendamiento, puede ayudarle a evitar desacuerdos innecesarios o gastos durante o despu\u00e9s de su contrato de arrendamiento."}
{"_id": "190721", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theatlantic.com/science/archive/2017/06/global-warming-american-south/532200/) reduced by 94%. (I'm a bot) ***** &gt; &amp;quot;Most of the risk maps show that climate change is going to be terrible for Trump country. Like, it&amp;#039;s not clear at all-from these maps-why reducing climate change is not a more urgent issue for Republicans, purely as a matter of representing their people,&amp;quot; said Joseph Majkut, the director of climate policy at the Niskanen Center, a libertarian think tank, in an email.  &gt; The only factor of climate change that doesn&amp;#039;t specifically hurt the South is a projected rise in property crime associated with climate change.  &gt; So if climate modeling remains imperfect, what&amp;#039;s the point of doing it? Researchers have spent the last 25 years trying to forecast the economic damages of climate change.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kcjnl/the_american_south_will_bear_the_worst_of_climate/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155616 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Climate**^#1 **change**^#2 **economic**^#3 **cost**^#4 **study**^#5\""}
{"_id": "190746", "title": "", "text": "If any academic framework worked, your teachers would be the richest people on the planet. However, you must read up on macro and micro economic factors and make an educated guess where the market(or stock) would be at the date of expiry. Subtract the Strike Price from your determined price and calculate your potential profit. Then, if you are getting paid more or less the same thing as of today, sell it and switch to a safer investment till expiry (For example:- Your potential profit was $10, but you are getting $9 as of today, you can sell it and earn interest(Safer investment) for the remaining time.) Its just like buying and selling stocks. You must set a target and must have a stop loss. Sell when you reach that target, and exit if you hit the stop loss. If you have none of these, you will always be confused(Personal experience)."}
{"_id": "190756", "title": "", "text": "Depending on the currencies you want to trade there are mini-futures available with a contract value of 12.500 (for example EUR/USD) or standard futures with a contract value of 125.000. You will find an overview at the Globex CME website For a broker to trade the futures I would recommend Interactive Brokers. They offer real-time trading at very low commission."}
{"_id": "190764", "title": "", "text": "\"So, think about it: if there were no supermarkets in French mall, will the malls be more busy?   And you just proved my point: if the French malls allowed bakeries, artisan food stores, fruit and vegetable stands, and typical \"\"street market\"\" stores, they will be totally full.\""}
{"_id": "190772", "title": "", "text": "I think most financial planners or advisors would allocate zero to a gold-only fund. That's probably the mainstream view. Metals investments have a lot of issues, more elaboration here: What would be the signs of a bubble in silver? Also consider that metals (and commodities, despite a recent drop) are on a big run-up and lots of random people are saying they're the thing to get in on. Usually this is a sign that you might want to wait a bit or at least buy gradually.  The more mainstream way to go might be a commodities fund or all-asset fund. Some funds you could look at (just examples, not recommendations) might include several PIMCO funds including their commodity real return and all-asset; Hussman Strategic Total Return; diversified commodities index ETFs; stuff like that has a lot of the theoretical benefits of gold but isn't as dependent on gold specifically. Another idea for you might be international bonds (or stocks), if you feel US currency in particular is at risk. Oh, and REITs often come up as an inflation-resistant asset class. I personally use diversified funds rather than gold specifically, fwiw, mostly for the same reason I'd buy a fund instead of individual stocks. 10%-ish is probably about right to put into this kind of stuff, depending on your overall portfolio and goals. Pure commodities should probably be less than funds with some bonds, stocks, or REITs, because in principle commodities only track inflation over time, they don't make money. The only way you make money on them is rebalancing out of them some when there's a run up and back in when they're down. So a portfolio with mostly commodities would suck long term. Some people feel gold's virtue is tangibility rather than being a piece of paper, in an apocalypse-ish scenario, but if making that argument I think you need physical gold in your basement, not an ETF.  Plus I'd argue for guns, ammo, and food over gold in that scenario. :-)"}
{"_id": "190780", "title": "", "text": "Minimum wage laws accelerate automation and accelerate putting people out of jobs. I personally agree with them because they help prevent the dregs of society from even being able to get a stupid job at a price that people would pay them, thus making them avoid that given area (the high mininimum wage area). They then move to places where it's not illegal to hire them at a wage at which someone voluntary agrees to pay them."}
{"_id": "190790", "title": "", "text": "Today's rate is 23.21 bps.  I'm going to list years forward, spot rate, forward rate.  1, 30.27, 61.77   2, 63.64, 155.73   3, 107.15, 228.04   4, 143.16, 266.31   5, 172.55, 290.12  These are bids, but mids are all within a basis point"}
{"_id": "190800", "title": "", "text": "While there have been plenty of good answers I would like to suggest turning it on it's head--the problem is one of perception. Other than in terms of cash-type emergency funds (my general policy is to have enough cash to get home, however far from there I might be) I consider available credit + assets that can be liquidated reasonably quickly to count as emergency fund money."}
{"_id": "190844", "title": "", "text": "Unfortunately you can't use your HSA to pay for expenses in year A. Qualified medical expenses for an HSA must occur after the date the HSA account was established. (Established typically means the date the account was opened in your name.) The other answers already mostly answered your other questions, but I want to really hit home some particular points that many people may not realize: The most important thing to do when you are eligible to have an HSA account, is to open an HSA account ASAP. This is true even if you don't put any money in it and you leave it empty for years. The reason is that once the account is established, all qualified medical expenses that occur after that date are eligible for distributions, even if you wait years before you fund your HSA account. The second most important thing to do is to keep track of all out of pocket medical expenses you incur after you open the HSA account. All you need is a simple spreadsheet and a place to store your receipts. Once you have the account and are tracking expenses, now you can put money into your HSA and take it out whenever you'd like. (With limits- you can't put in more than the contribution limit for a single tax year, and you can't take out more than your eligible expenses to date.) Helpful Tip: Many people don't fund their HSA because they can't afford to set aside extra money to do so. Fortunately, you don't have to. For example, suppose you have some dental work and it costs you $500. Once you get the bill, before you pay it, put the $500 into your HSA account. The next day, take the $500 back out and pay your dental bill with it. Most HSA accounts will give you a debit card to make this even easier to pay the bill. By putting the money into your HSA for 1 day you just received a $500 tax deduction. Alternatively you can always pay out of pocket like you normally would, track your receipts, and wait until the end of the year (or up until April 15 of the next year). I like this option because I can pay all of my medical bills with a credit card and get cash back. Then at the end of the year, I add up the expenses, deposit that much into my HSA, and if I'd rather put that money somewhere else I just pull it out the next day. If you decide you don't need the money right away that's even better since you can leave it in the HSA account and invest it. Like a Roth account, you don't pay tax on the growth you achieve inside of an HSA. Another Tip: if your employer offers the service of automatically making deposits into your HSA by reducing your paycheck, you should definitely try to do that if you can afford it, rather than manually making contributions as I described in the previous tip. When your employer makes the contributions for you, your wages are reduced by that amount on your W2, so you end up saving an additional 7% in FICA taxes."}
{"_id": "190853", "title": "", "text": "I'm the opposite. If I'm in a coffee shop I get way too distracted by everyone coming and going. I could never study in the library in college either. I need to be at my cubicle or in an office with my ear buds in...then I can crank out some work."}
{"_id": "190854", "title": "", "text": "You can go to any Canada Post office and ask for their money-transfer services (they use a company called Money-gram). You can see more details here: http://www.canadapost.ca/cpo/mc/personal/productsservices/shop/moneygrams.jsf At least to send money to Brazil and other south-american countries, it's the cheapest service I've found, and it's very reliable."}
{"_id": "190856", "title": "", "text": "I wouldn't give it a second thought. I'd get rid of the extra car and do everything I could in the following months to repay the emergency fund. Even without the interest payments, I'd consider getting rid of an unused car due to the very nature of a car being a depreciating asset that has insurance expenses and annual registration fees on top of that depreciation. The one exception to the above would be a classic car that was purchased for an investment that is always garaged and doesn't need to be registered for road use. I take it for granted that most people who can afford such investments don't need my advice about when to sell."}
{"_id": "190859", "title": "", "text": "Join LinkedIn. Become a group member of your college alumni and any groups you find that relate to the field in which you are looking. Post a message on the group boards asking for help in giving you guidance/direction. Then do a search on the people in each group to see if anyone might be in the field of work in which you are interested - message them and ask them questions or see if they can direct you to someone who can help you.  Consider doing an internship, too. Foot in the door experience, plus you meet a lot of people.   Good luck!"}
{"_id": "190864", "title": "", "text": "The issue with your claim is that slavery is completely involuntary, whereas I can't think of many cases in which one inherits debt, or could come into it in any other way than signing up for it. When a consumer takes on debt, he/she is consciously making a decision to owe somebody money. The fact that they'll likely have to work (unless they win the lottery) to pay that money back is not slavery; it's following through on a commitment. If everyone was born with $100,000 (an arbitrary amount; it could be just $1), then I think you would have a better argument, albeit still flawed."}
{"_id": "190867", "title": "", "text": "&gt; lol  This univariate model-based inference is a good enough reason for further investigation. I would be interested in knowing how much of the recent returns of the S&amp;P are being driven purely by the Fed bond purchase program, controlling for other macro-economic variables. The bond purchase program is not going to last forever."}
{"_id": "190873", "title": "", "text": "Generally speaking, no they won't. In this case, though I haven't done it myself, I was recommended to put the mortgage on the real estate after it's been leased out and has a contract on it.  Then, yes, they will use it for that.  But, ex-ante don't expect any bank to count on income from it because, at that point, there's zero guarantee you'll get it leased, and even if you do, at what rate."}
{"_id": "190885", "title": "", "text": "No he's talking literally about an nra ad. I linked it below, the video I link has a bunch of commentary I didn't watch but it's the only version I could find quickly on mobile. The ad is like 15 seconds in    https://youtu.be/mWhCb7Ajkfk"}
{"_id": "190891", "title": "", "text": "\"The price of real estate reacts to both demand for property and the rate of inflation and rate of income growth. Mortgage rates generally move as treasury rates move. See this paragraph: As we mentioned, intermediate term bonds and long-term mortgages (more properly, Mortgage-Backed Securities, or MBS) compete for the same fixed-income investor dollar. Treasury issues are 100% guaranteed to be repaid, but mortgages are not; therefore mortgages carry more risk of default or early repayment, which could potentially disturb the return on the investment. Therefore, mortgage rates must be priced higher to compensate for that risk. But how much higher are mortgages priced? In a normal market, the average \"\"spread\"\" or markup above the 100% secured Treasury is about 170 basis points, or 1.7%. That markup -- the spread relationship -- widens and contracts with a range of market conditions, investor appetites and supply of available product -- as well as the presence of competing investment opportunities, like corporate bonds or domestic (or foreign) equity markets Source: What Moves Mortgage Rates? And when the stock market crashes, investors tend to run to bonds and treasuries, which causes prices to go up and treasury yields to drop. Theoretically, this would also cause mortgage rates to drop, although most mortgage rates have a base price below which they cannot fall. How easy is it to profit from recent stock market drops and at what frequency? Incredibly difficult. The issue with your strategy is that you cannot predict the bottom of the market (at least us mortals can't). Just take the month of August for example. Stocks fell something like 15%? After the first 5-10% drop, people felt that the bottom was there, so they rushed in, only to have the market fall even more.  How will you know when to invest? Even if the market falls by 50%, and there's a huge buying opportunity, and you increase the mortgage on your house, odds are your rates will increase because of the equity you take out. What if the market stays low for a very long time? Will you be able to maintain mortgage payments? Japan's stock bubble popped in the early 90's, and they've had two lost decade's now. Furthermore, there are issues of liquidity. What if you need more capital? Can you just sell a property or can you buy now property to draw equity against? What if the market is moving too fast for you to take advantage of. Don't ignore transaction costs and taxes either.  Overall, there are a lot of ways that your idea can go wrong, and not many ways it can go right.\""}
{"_id": "190919", "title": "", "text": "\"Many services are available to people who are wealthy enough to use private banks. The linked Wikipedia article says: ...banking services (deposit taking and payments), discretionary asset   management, brokerage, limited tax advisory services and some basic   concierge-type services, offered by a single designated relationship   manager. Having cash delivered to your door would come under \"\"basic concierge-type services\"\".\""}
{"_id": "190928", "title": "", "text": "\"All margin is marked to market. Option longs do not post margin because long margin trading is forbidden. Equity longs must post margin if cash is borrowed to fund the purchase. Shorts of all kinds must post margin, and the rates are generally the same: a few standard deviations away from the mean daily change of the underlying. A currency futures trader, because of the involatility of most major monies, can get away with a few percentage points.  Commodities can get to around 10%.  Single equities are frequently around 20%, while indices can get back down to 10%. A future is a special case because both sides are technically short and long at the same time.  The easiest example to perceive is a currency future.  Which one is the buyer and which is the seller?  Both and neither. Contracts may be denominated for one side as the seller and the other the buyer, but contractually, legally, and effectively, both are liable to the other, and both must take delivery.  For non-currency assets, it only appears as if the cash seller is the buyer because cash is not considered an asset in the same way all other assets are, but the \"\"long\"\" is obligated to sell cash and buy the \"\"asset\"\".\""}
{"_id": "190929", "title": "", "text": "\"At that sum, it essentially doesn't matter what you do, unless you just want to outright gamble the money.  Let's look at some options: \"\"High\"\" interest guaranteed savings.  A five year CD returns a sad 2% right now.  That means if you invest all $1,000 into a CD, by 2016 you will have earned $105.08 in interest.  Think about that:  About a hundred bucks over the next five years.  Of course, with 3% inflation, that $105.08 will be worth about $90.57.  In fact, the total amount will be worth $953.25.  Your \"\"doing something with your money\"\" did nothing. Stocks can return significantly more interest, but there is no guarantee.  Even if you made 20% year on year, you would only make maybe $1,500 in returns or so in the next 5 years, and 20% every year is like Warren Buffet territory--totally unrealistic.  That's also not taking into account inflation. And neither of these is taking into account taxes! However, if you go to a casino and gamble the $1,000, it is possible you could turn it into significantly more.  It's very much unlikely, and I do not advise it at all, but it's possible.   The point is, you need money to make money, and, in some sense, $1,000 is not money at all.  I recommend you work on your skills, knowledge, and preparation for making money in the future, and by 25 or so you can really be cooking with gas.  Don't waste your efforts trying to find a brilliant way to make a few hundred bucks over the next half decade.  Save the money and find ways to try to double it by earning money on small projects.  Then challenge yourself to double it again, and keep honing your skills.\""}
{"_id": "190931", "title": "", "text": "When he says shitty, he means less likely to actually pay back the money.   If I have a company that's not doing well enough, and I have already issued $100,000 in bonds onto this market, and I want to pay back all my bond-holders, maybe I convince a near-bankrupt company to give me $100,000 of bonds in their company for $50,000 in goods. I then repay my bondholders with the $100,000 in shitty bonds.  Or maybe I give them $300,000 in goods and they give me $600,000 in their shitty bonds (since thier company is about to fall apart and they know I'll give them a kickback down the line). Then I pay back my 100k bonds with the new shitty bonds, and I go buy $500k worth of raw material for my company and pay for them using almost-bankrupt-company's shitty bonds .   Then I have no debt, $500k worth of raw material, the people I used to owe money to (AND my suppliers) now hold a total of $600k in shitty bonds, and then my friend's almost-bankrupt-company DOES go bankrupt.... and my suppliers and old lenders realize the paper I just gave them is worthless."}
{"_id": "190941", "title": "", "text": "I don't know about India, but here in the US banks, and more friendly institutions such as credit unions, use to offer the option of a 'secured' credit card where the card was secured by placing a lock on money in a savings account equal to the credit limit on the card. So for example, if you had $1500 in savings, you could have them lock say $1000, which you would not be able to withdraw from savings, in return for a credit card account with a credit limit of $1000.  Typically you still earned interest on the full amount of the savings, you were just limited to having to maintain a minimum balance in that account of $1000."}
{"_id": "190967", "title": "", "text": "It's weird that she can't do something uncomfortable to better her skills.  Strong religious belief system and intolerance of different beliefs are impeding her success. She'd probably benefit from a religiously affiliated college.  She'd also benefit from learning to MYOB and live and let live."}
{"_id": "190981", "title": "", "text": "The trouble with Toyota is that they charge so much more money for the same quality you can get elsewhere from cars that aren't total snoozefests.  They *were* a top quality brand leader, but now they're just one of the pack; yet they continue to price like Toyota means something extra special."}
{"_id": "191003", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.uslifeinsurance.ml/2017/07/chinese-solar-industry-making-25.html) reduced by 74%. (I'm a bot) ***** &gt; China&amp;#039;s solar industry is expected to produce 25 percent more panels in 2017 than last year, supported by domestic sales and demand from the United States and emerging markets, the head of a Chinese industry association said.  &gt; China was expected to produce solar panels with a combined capacity of 60 gigawatts this year, said Wang Bohua, secretary general of China&amp;#039;s photovoltaic industry association.  &gt; Environment group Greenpeace said solar curtailment rates across China rose 50 percent in 2015 and 2016, with more than 30 percent of available power in northwestern province Gansu and Xinjiang failing to reach the grid.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6orer4/chinese_solar_industry_making_25_percent_more/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172582 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **China**^#1 **industry**^#2 **solar**^#3 **produce**^#4 **Wang**^#5\""}
{"_id": "191006", "title": "", "text": "\"Historically that 'divide by 1000' rule of thumb is what many people in Australia have thought of as normal, and yes, it's about a 5.2% gross yield.  Net of expenses, perhaps 3-4%, without allowing for interest. If you're comparing this to shares, I think the right comparison is to the dividend yield, not to the overall PE.  A dividend yield of about 3-5% is also about typical: if you look at the Vanguard Index Australian Shares Fund as a proxy for the ASX the yield last year was about 4%. Obviously a 4% return is not very competitive with a term deposit.  But with both shares and housing you can hope for some capital growth in addition to the income yield.  If you get 4% rental yield plus 5% growth it is more attractive. Is it \"\"good\"\" to buy at what people have historically thought was \"\"normal\"\"?  Perhaps you are better off looking around, or sitting out, until you find a much better price than normal. \"\"Is 5% actually historically normal?\"\" deserves a longer answer.\""}
{"_id": "191012", "title": "", "text": "Recovering after a card number has been stolen is a nuisance; you need to wade through determining which charges are and aren't legit, update the records of anyone who legitimately has your card on file, not have the card available until the replacement reaches you,  etc. And you may be on the hook for the first $50 of the loss, if I remember correctly, unless (as mentioned) the bank waives that. Plus the risk that the card could be the first step in a larger identity theft attempt. And not everyone is so blase' about the bank losing money. Those costs get passed on to us, remember. And some of us actually respect our banks or credit unions. Certainly cards come with some consumer protection, otherwise nobody who thought about this would want to use them. But it's still worth exercising reasonable care to keep the problem from arising."}
{"_id": "191041", "title": "", "text": "**Here's a sneak peek of /r/wallstreetbets using the [top posts](https://np.reddit.com/r/wallstreetbets/top/?sort=top&amp;t=year) of the year!**  \\#1: [By Popular Request: if this post gets 5k upvotes, I will livestream the AAPL earnings. If it gets 10k upvotes, I will webcam myself during it.](https://np.reddit.com/r/wallstreetbets/comments/5qprhh/by_popular_request_if_this_post_gets_5k_upvotes_i/)   \\#2: [Upvote to ban all of Canada from the internet](https://np.reddit.com/r/wallstreetbets/comments/5rb9c7/upvote_to_ban_all_of_canada_from_the_internet/)   \\#3: [If this post gets over 3000 (3k) upvotes, we will bring back the rainbow dicks](https://np.reddit.com/r/wallstreetbets/comments/5e0ybw/if_this_post_gets_over_3000_3k_upvotes_we_will/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/5lveo6/blacklist/)"}
{"_id": "191050", "title": "", "text": "Mmm, well if that's the argument, then I can't sign onto that... it's certainly not the case that *anyone* can do *anything* but for circumstance; that's a pretty vapid statement. But were there 5,000 people out there that were doing the same thing at the same time as Mark Zuckerberg? Even at Harvard there were dozens; I knew some of them.  That's an extreme example, but the operating principle is the same. Michael Lewis' speech here treads the line carefully and well IMHO."}
{"_id": "191060", "title": "", "text": "\"I would suggest the following rationale : This appears to be a most unsatisfactory state of affairs, however, you can bet that this is how things are handled. As to who receives the dividend you have payed, this will be whoever the counter-party (or counter-parties) are that were assigned the exercise. EDIT Looking at the Dec16 SPY options, we see that the expiry date is 23 Dec.  Therefore, your options have been exercised prior to expiry.  The 3AM time stamp is probably due to the \"\"overnight batch processing\"\" of your brokers computer system.  The party exercising the options will have chosen to exercise on the day prior to ex-dividend in order to receive the dividends.\""}
{"_id": "191064", "title": "", "text": "@Dilip Sarwate mentioned tenants in common in a comment. This appears to be in fact the answer I required. I found a friendly article on it here: http://www.thisismoney.co.uk/money/news/article-1594984/Tenants-common.html. This appears to allow me to have a percentage based amount of the property, e.g. \u00a3100k deposit, plus half of remainder (130k halved) means I own \u00a3165k on the initial \u00a3230k value of the property, i.e. 71.7% of the property. I will be asking the conveyancing solicitor if they are able to enact this."}
{"_id": "191066", "title": "", "text": "Hopefully, before you invested in this stock, you evaluated the company.  You looked at the financial information about the company and where the company was headed, and evaluated whether the stock was undervalued or overvalued.  Hopefully, you determined that the stock was undervalued at the time you bought it. The thing to do now is to reevaluate the stock.  Do you think the stock is overvalued or undervalued right now?  If you didn't own it, would you buy it today?  Instead of looking at the past performance of the stock, you want to try to determine which direction the stock will go from today.  If you wouldn't buy it today at it's current price, then you should sell. If you have no idea how to do this evaluation, neither do I.  For me, with the investing knowledge I have right now, investing in an individual stock would be way too risky.  If you don't know how to evaluate a stock and determine if it is a good buy or not, then you should stay away from individual stocks and instead invest in stock mutual funds, which lower the risk by diversifying over lots of stocks."}
{"_id": "191070", "title": "", "text": "Do you withdraw cash from your credit card? That is called a cash advance, and interest is usually started from the day you withdraw it."}
{"_id": "191071", "title": "", "text": "Completely depends on the business.  Apple and Amazon - I agree.  Millions of other companies - maybe not so much.  In many companies your customer tell you what they want and the CEO is far more valuable for maintaining relations, building teams, getting financing, eradicating inefficiencies, etc."}
{"_id": "191074", "title": "", "text": "My cringe worthy writing was because you thought I didn't know what I was talking about then I had to let you know since I guess you thought you knew the truth. I know I'm right I'm pretty sure a lot of people know what I know and they are successful during this generation just like myself. You can keep asking question about what I say but the only answer you will get is a thank you from me because the more you ask dumb questions the more my portfolio looks that much good because you don't know anything and probably make dumb investments."}
{"_id": "191080", "title": "", "text": "Generally speaking, having more institutional investors is a good sign. Of course there are many types of institutions.  Normally we are thinking of mutual funds, pension funds, endowments, and hedge funds.  They may not all have the same implications.  Hedge funds, in particular, are out to make a buck with very little restriction on how they do it.  They may buy an undervalued stock and then use their voting power to improve the company or they may do something more questionable, like pump up the stock price and then sell at the high, causing volatility.  The people you are referring to may be thinking of something like the latter. Those concerns are generally small when compared with the known positives of institutional ownership."}
{"_id": "191104", "title": "", "text": "I'm sure what you are saying may be true in some cases but there is no proof that the developers of the game mentioned in this article did that.  I have played video games in the past (Zelda, Resident Evil, Silent Hill) and they all took quite a bit of time to get through.  I dont think there would have been anything insidious about having the option to pay a couple dollars extra to get through the game quicker.  In fact, I know of people who in the past have PAID third parties for cheat codes in order to get through the game a little quicker (this was well before we all took to the internet en masse).  It seems fair to have that option still and to pay the game developer for it."}
{"_id": "191110", "title": "", "text": "\"Similar story.  I was in the market for an electric smoker.  By sheer luck, the exact unit I wanted went on a very good sale at Lowe's.  I checked online to see if the nearest Lowe's had any in stock.  The system showed only one in stock, and I knew it would go fast at that price, so I immediately ordered it for in-store pickup.  Several hours later, I still hadn't gotten the \"\"your pickup is ready\"\" email, so I called the 1-800 customer service line, and was basically told that it should be ready but that the stores often didn't do what needed to be done to trigger the final email.  I drove over to Lowe's, took my printed order confirmation in to the service desk, and was met with three staff members who acted like they had never heard of an online order before.  They discussed things amongst themselves, then engaged a manager, who was similarly flummoxed.  After 20 minutes of runaround, I was getting pretty agitated, and finally just walked over to the grill/smoker area, found the smoker, still on the shelf, took it back to the desk and told them that I was leaving.  They seemed OK with that.    I asked if they needed to check my printout, or scan the box, or get me a receipt, and they all agreed that they did not.  I walked out with no receipt, no proof of purchase (having given my printout to them earlier), and carrying merchandise that I picked myself, and they all seemed pretty happy that it had turned out that way.  Good fucking luck, Lowe's.  With service like that, you'll need it.\""}
{"_id": "191148", "title": "", "text": "If your take-home salary after taxes etc is 35K / year, and you say you will be able to save at most 40% of that, you will need to find something that pays 2.75% to reach one million in 40 years*. However, these numbers can chance dramatically depending on your specific circumstances. If you're just starting your career, 40 years of saving is not impossible. If you're in the middle or nearing the end, you will have dramatically less time to achieve your goals. *40% of 35000 is 14000 saved per year, at an interest of 2.75% compounded annually, you will reach 1000000 after roughly 40 years."}
{"_id": "191185", "title": "", "text": "\"&gt; it's because most taxpayers don't vote, but all government employees do vote.  That's not the problem.  The problem is that unions can make political contributions.  The employees are forced to make union contributions and the union then has a pot of money to influence the legislators.  Look up how the prison guards union supported \"\"get tough on crime\"\" laws, which led to more people in prison, which led to more prison guards, which led to more money for the union to spend on \"\"get tough on crime\"\" laws.\""}
{"_id": "191189", "title": "", "text": "Danh s\u00e1ch c\u00e1c C\u00f4ng ty Ch\u1ee9ng Kho\u00e1n c\u00f3 nguy c\u01a1 v\u1ee1 n\u1ee3  01 CTCP CK Th\u0103ng Long 02 CTCP CK Th\u01b0\u01a1ng m\u1ea1i v\u00e0 C\u00f4ng nghi\u1ec7p Vi\u1ec7t Nam 03 CTCP CK Maritime Bank 04 CTCP CK Th\u1ee7 \u0110\u00f4 05 CTCP CK Sao Vi\u1ec7t 06 CTCP CK Qu\u1ed1c t\u1ebf Vi\u1ec7t Nam 07 CTCP CK Tr\u00e0ng An 08 CTCP CK Ph\u01b0\u01a1ng \u0110\u00f4ng 09 CTCP CK \u0110\u00f4ng Nam \u00c1 10 CTCP CK Qu\u1ed1c Gia 11 CTCP CK \u0110\u1ea1i D\u01b0\u01a1ng 12 CTCP CK VIT 12 CTCP CK T\u1ea7m Nh\u00ecn 13 CTCP CK H\u00e0 N\u1ed9i 14 CTCP CK Hamico 15 CTCP CK Vina 16 CTCP CK SME (\u0111\u00e3 ph\u00e1 s\u1ea3n trong n\u0103m 2011) 17 CTCP CK H\u00e0 Th\u00e0nh 18 CTCP CK NH Ph\u00e1t tri\u1ec3n Nh\u00e0 \u0110\u1ed3ng b\u1eb1ng S\u00f4ng C\u1eedu Long 19 CTCP CK Navibank 20 CTCP CK NH S\u00e0i G\u00f2n Th\u01b0\u01a1ng T\u00edn 21 CTCP CK Vi\u1ec7t Qu\u1ed1c 22 CTCP CK FLC 23 CTCP CK Tr\u01b0\u1eddng S\u01a1n 24 CTCP CK BETA 25 CTCP CK T\u00e2n Vi\u1ec7t 26 CTCP CK Cao su 27 CTCP CK S\u00e0i G\u00f2n Tourist  M\u1ecdi T\u00e0i S\u1ea3n c\u1ea7n ph\u1ea3i \u0111\u01b0\u1ee3c chuy\u1ec3n giao sang c\u00e1c C\u00f4ng ty Ch\u1ee9ng Kho\u00e1n t\u1ed1t h\u01a1n nh\u1eb1m h\u1ea1n ch\u1ebf R\u1ee6I RO !"}
{"_id": "191202", "title": "", "text": "Geloman's Indian Spares provide the best service of Indian motocycle which is relevant to making a replacement when the original component of motocycle spares are not working properly. We have an online store, where you can buy the Motocycle spares parts online. We provide you with all options and prices and can make recommend as to which parts best suits your motocycle needs. Owing to far-fetched years of experience in the spare parts business."}
{"_id": "191232", "title": "", "text": "FYI: This article is rife with errors/omissions/bends, including, but not limited to:  * The date/time when these restaurants closed * the implied reason for their closing (consumer taste had little to do with it) * The idea that Evo Morales had anything to do with the shutdown of 8 restaurants  This article is a bit amateurish and clearly contains an alarmist agenda.  Nothing to see here."}
{"_id": "191240", "title": "", "text": "Limit books are managed by exchanges. If an order is not immediately filled, it is sent to the book.  From there, orders are generally executed on price-time-priority.  The one major exception is the precedence hide-not-slide orders have over earlier placed visible slidden limit orders since unslidden orders are treated like a modification/cancellation. To an exchange, a modification is the same as a cancellation since it charges no fees for placing or canceling orders, only for trades.  The timestamp is reset, and price-time-priority is applied in the same way, so if a modified order isn't immediately filled, it is sent back to the book to be filled in order of price-time-priority."}
{"_id": "191249", "title": "", "text": "I tried it, and it was awful-- essentially thickened sour cream with a flavorless pimento blend mixed in.  Focus testing aside, if you introduce Queso to a test restaurant, and it's not immediately one of the most popular things on the menu, you should know you have something wrong. It's as if they never had anyone compare it to a proper Mexican restaurant or one of their direct competitors."}
{"_id": "191250", "title": "", "text": "On the face, this appears a sound method to manage long run cumulative interest, but there are some caveats. Maxing out credit cards will destroy your credit rating.  You will receive no more reasonable offers for credit, only shady ones.  Though your credit rating will rise the moment you bring the balance back down to 10%, even with high income, it's easy to overshoot the 8 months, and then a high interest rate kicks in because of the low credit rating. Further, maxing out credit cards will encourage credit card lenders to begin cutting limits and at worse demand early payment. Now, after month 6 hits, your financial payment obligations skyrocket.  A sudden jolt is never easy to manage.  This will increase risk of missing a payment, a disaster for such hair line financing. In short, the probability of decimating your financial structure is high for very little benefit. If you are confident that you can pay off $4,000 in 8 months then simply apply those payments to the student loan directly, cutting out the middle man.  Your creditors will be pleased to see your total liabilities fall at a high rate while your utilization remains small, encouraging them to offer you more credit and lower rates. The ideal credit card utilization rate is 10%, so it would be wise to use that portion to repay the student loans. Building up credit will allow you to use the credit as an auxiliary cushion when financial disaster strikes.  Keeping an excellent credit rating will allow you to finance the largest home possible for your money.  Every percentage point of mortgage interest can mean the difference between a million USD home and a $750,000 one."}
{"_id": "191291", "title": "", "text": "First off... If you provide good service than you shouldn't worry... Since you are providing a service and your customers send payment to your PayPal, if there is no dispute made within 90 days, the customer cannot dispute further.  However if it is disputed within 90 days than you may run into some trouble. But it may be in your favor if PayPal finds no signs of fraud and since it's a service payment, PayPal cannot really track it compared to if your customers paid you for a product which can be disputed up to 180 Days?? I may be wrong on that one.  However if it does get disputed and PayPal favors your clients than you have to pay it back one way or another. You may want to ask your customers or put yourself a description of the service and terms in the invoice. It may help resolve future disputes. I know this because I have called PayPal customer service and ask which I suggest you do too."}
{"_id": "191303", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.sbeconomic.com/single-post/2017/06/09/What-The-UK-Election-Means-for-Brexit-Hard-Brexit-is-Dead) reduced by 88%. (I'm a bot) ***** &gt; Leading up to her appointment as PM in the leadership election following David Cameron&amp;#039;s resignation, May&amp;#039;s campaign slogan even became &amp;quot;Brexit means Brexit,&amp;quot; as a way to affirm her commitment to the United Kingdom&amp;#039;s hard exit from the Union.  &gt; Even before the election, a hard Brexit would come at an immense cost, and with the decreasing negotiating power from the U.K. following the election, it will be near impossible.  &gt; Supporters of a hard Brexit ought to be weary; the end of a hard Brexit draws nigh.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gc3pg/what_the_uk_election_means_for_brexit_hard_brexit/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140561 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Brexit**^#1 **hard**^#2 **Party**^#3 **election**^#4 **DUP**^#5\""}
{"_id": "191326", "title": "", "text": "I wonder if there are times (like when BofA bought Merrill) when it might be alright to not disclose everything right away.  Particularly if what needs to be disclosed are losses and the government has told you that they'd cover them."}
{"_id": "191330", "title": "", "text": "short answer: no, not to my knowledge  long answer: why do you want to do that? crypto are very volatile and, in my opinion, if you are looking for a speculative exercise, you are better off seeking to understand basic technical analysis and trading stocks based on that"}
{"_id": "191368", "title": "", "text": "Net worth is interesting as it can have a different number assigned depending on your intent.  The number I focus on is my total retirement account and any brokerage account. I purposely exclude the value of my house.* This tells me how much I'm able to invest. My heir would look at it a bit differently. She'd have the cash not only from the house, but from every bit of our possessions that can be sold. For my own purposes, knowing I have a piece of art that might sell for $xxx doesn't mean much, except for insurance purposes. In your case, if the coins are gold, and held for investment, count them. If they were your grandfather's and you plan to leave them to your own grandkids, I'd leave them out.  * I make this point for two reasons - as someone with an eye toward retirement, the house doesn't get included in the 4% return math that I apply to the retirement and stock accounts. Also, in our situation, even when we downsize at retirement, the move isn't likely to pull much cash out of the house, it will be a lateral move. For those who plan to move from a McMansion in the suburbs of NY or Boston to a modest home in a lower cost of living elsewhere, that difference may be very important, and should be taken into account. This is simply how we handle this."}
{"_id": "191375", "title": "", "text": "Are you daft?? In most US cities it\u2019s **illegal** to run a private bus/mass-transit business. However, here\u2019s two examples if it will get you to STFU:  https://www.theatlantic.com/china/archive/2013/09/the-unique-genius-of-hong-kongs-public-transportation-system/279528/  https://thedetroitbus.com  http://www.mercurynews.com/2017/06/28/google-buses-corporate-shuttles-popular-poll/   Notice how Google and other companies that use buses for employees have to do it at no cost, because governments made it **illegal** for them to charge money for mass-transit services."}
{"_id": "191427", "title": "", "text": "Centre For Laptops offer very reliable laptop services for all types of brands of laptops and computers by the trained personnel. Centre For Laptops provides best Lenovo Laptops Repairs In Gurugram. Centre For Laptops use the latest methods of diagnosing to find the hardware and software issues. For more details, Visit: http://centreforlaptops.com/"}
{"_id": "191428", "title": "", "text": "I don't see why not. Not everyone is going to be in a major sound stage, but look at people like That Guy With The Glasses group and some others. They're not rolling in dough, but some of them who are entertaining enough are getting a living off of what they do.  All this really does is eliminate a middle man and put creators in more control, without the need for all the dollars. CK is an established talent, so he could afford to put in higher production values for a product. Another budding standup artist might only be able to do their garage and a camera, and charge maybe $0.50 - but if people like it enough, they'll be able to build up without the expense/hassle/control of a major label."}
{"_id": "191447", "title": "", "text": "Employer match doesn't incur FICA tax (social security, medicare) for you at all - either current year or when you withdraw. All you have to pay is income tax when you withdraw after retirement age. (Disclaimer - I'm not tax professional but has done my research)"}
{"_id": "191448", "title": "", "text": "\"All public US equity exchanges are closed on the 9 US trading holidays (see below) and open on all other days.  Exchanges also close early (13:00 ET) on the Friday after Thanksgiving and on the day before Independence Day if Independence Day is being observed on a Tuesday, Wednesday, Thursday, or Friday.  (Some venues have extended trading hours as a matter of course; for them an \"\"early close\"\" might be later than 13:00 ET.) To answer the second question, yes, if you know NASDAQ's or AMEX's holiday schedule, then you know NYSE's (modulo the timing of their early close).  I'm not sure about the options exchanges; they're not regulated the same way and are a good example of exchanges with extended trading hours in the first place. The US trading holidays are as follows.  Note that trading holidays are not the same as federal or bank holidays, which include Columbus Day and Veterans Day but do not include Good Friday.\""}
{"_id": "191459", "title": "", "text": "Different regional offices, different employee culture.   I've never had a UPS package arrive with more than a bump on it. On the other hand, the USPS once delivered me a package (that I sent myself, so I know what was in it) with half the contents missing and replaced with somebody else's crap."}
{"_id": "191469", "title": "", "text": "Agreed my friend, and the UK is the country that is the furthest away from the European reality. You have schools charging 1 to 8k for a full years tuition.   I know a case of someone having to sell his home to afford a top MBA in Europe (obviously it paid off), which goes to show how hard for europeans it is to afford US prices for education, meanwhile in the US they just hand it over to you. The problem comes when the Navients of the world come knocking on your door and you can't even save a penny"}
{"_id": "191473", "title": "", "text": "LLC is not a federal tax designation.  It's a state-level organization. Your LLC can elect to be treated as a partnership, a disregarded entity (i.e., just report the taxes in your individual income tax), or as an S-Corp for federal tax purposes. If you have elected S-Corp, I expect that all the S-Corp rules will apply, as well as any state-level LLC rules that may apply.   Disclaimer: I'm not 100% familiar with S-corp rules, so I can't evaluate whether the statements you made about proportional payouts are correct."}
{"_id": "191495", "title": "", "text": "Unless you bought at $386.99, there are almost no time scales where you haven't already made a huge mistake.  It's up 6% this month, 70% YTD, and over 1000% over fives years.  You are already regretting not holding, you just refuse to admit it."}
{"_id": "191508", "title": "", "text": "Forget about terms.  Think about loans in terms of months.  To simplify things, let's consider a $1000 loan with .3% interest per month.   This looks like a ten month term, but it's equally reasonable to think about it on a month-to-month basis.  In the first month, you borrowed $1000 and accrued $3 interest.  With the $102 payment, that leaves $901 which you borrow for another month.  So on and so forth.   The payoff after five payments would by $503.54 ($502.03 principal plus $1.51 interest).  You'd save $2.99 in interest after paying $13.54.  The reason why most of the interest was already paid is that you already did most of the borrowing.  You borrowed $502.03 for six months and about $100 each for five, four, three, two, and one month.  So you borrowed about $4500 months (you borrowed $1000 for the first month, $901 for the second month, etc.).  The total for a ten month $1000 loan is about $5500 months of borrowing.  So you've done 9/11 of the borrowing.  It's unsurprising that you've paid about 9/11 of the interest.   If you did this as a six month loan instead, then the payments look different.  Say  You borrow $1000 for one month.  Then 834 for one month.  So on and so forth.  Adding that together, you get about $168.50 * 21 or $3538.50 months borrowed.  Since you only borrow about 7/9 as much, you should pay 7/9 the interest.  And if we adding things up, we get $10.54 in interest, about 7/9 of $13.54.   That's how I would expect your mortgage to work in the United States (and I'd expect it to be similar elsewhere).  Mortgages are pretty straight-jacketed by federal and state regulations.   I too once had a car loan that claimed that early payment didn't matter.  But to get rid of the loan, I made extra payments.  And they ended up crediting me with an early release.  In fact, they rebated part of my last payment.  I saved several hundred dollars through the early release.  Perhaps your loan did not work the same way.  Perhaps it did.  But in any case, mortgages don't generally work like you describe."}
{"_id": "191542", "title": "", "text": "Since 2008, when it all came crashing down, I read a variety of solid data sources that said this asset bubble and mortgage/HELOCs were going to reset (blow up) in slow motion for years, maybe decades. Nothing changed from that time. This has been happening for hundreds of years from what I understand now."}
{"_id": "191547", "title": "", "text": "\"When you do this, you might be involved in online banking fraud - and you will be both perpetrator and victim! Hacking some online banking users is easy. There is a flourishing black market where any wannabe hacker can buy a banking trojan. Then the hacker just has to infect some random computers with said virus (through email spam, drive-by downloads exploiting a browser vulnerability, upload it concealed as other software on a piracy website, etc., etc.)  and it will trick the user into sending money to accounts they don't want to send money to.  However, what's not so easy for the hacker is holding on to the money, because sooner or later the victim will notice. In case of online banking fraud, the bank is usually legally required to pay back the money the customer lost. Banks will usually reverse the transaction when the customer reports that they were hacked. So what do the criminals do? They hire some gullible fools out for easy money as \"\"Mules\"\". The job they offer: \"\"We send money to your private account, you send it to another account we specify, minus your commission\"\". What happens next?  So the actual victim in this scheme is the mule.\""}
{"_id": "191550", "title": "", "text": "You can report the violation to the payment network (i.e., Mastercard or Visa).  For instance here is a report form for Visa and here is one for MasterCard.  I just found those by googling; there are no doubt other ways of contacting the companies. Needless to say, you shouldn't expect that this will result in an immediate hammer of justice being brought down on the merchant.  Given the presence of large-scale fraud schemes, it's unlikely Visa is going to come after every little corner store owner who charges a naughty 50-cent surcharge.  It is also unlikely that threatening to do this will scare the merchant enough to get them to drop the fee on your individual transaction.  (Many times the cashier will be someone who has no idea how the process actually works, and won't even understand the threat.)  However, this is the real solution in that it allows the payment networks to track these violations, and (at least in theory) they could come after the merchant if they notice a lot of violations."}
{"_id": "191564", "title": "", "text": "\"It means that at the end of each month, the APY, divided by 365 (366 for leap years) is multiplied by your account's ending balance on each day of that month, then those interest amounts are summed up and paid out. It's exactly equivalent to the \"\"Average Daily Balance\"\" method; at the end of each month, the balance of your account on each day is summed, divided by the number of days in the month, then that number is multiplied by the APY / 365 * (number of days in the month). If you write out all these terms and simplify, you'll find the two boil down to exactly the same calculation being performed in different order (possibly with differing potential for rounding error). The only difference between them is whether the daily interest percentage is distributed to each daily balance or applied to the sum, and whether there's an additional redundant pair of steps of dividing and then multiplying by the number of days in the month.\""}
{"_id": "191566", "title": "", "text": "I would always recommend the intelligent investor by Benjamin Graham the mentor of warren buffet once you have a basic knowledge ie what is a share bond guilt etc  In terms of pure investment the UK is fairly similar the major difference is the simpler tax structure, ISA allowance and the more generous CGT regime."}
{"_id": "191570", "title": "", "text": "I get the feeling the value of reddit is not presented as something that makes profit, but rather an entity that can shape public opinion. In that way it is extremely valuable. The fact that mods are clearly paid by someone yet not officially employed by Reddit is a huge red flag that money is flowing, just not in the traditional ways."}
{"_id": "191588", "title": "", "text": "The values of 12, 26 and 9 are the typical industry standard setting used with the MACD, however other values can be substituted depending on your trading style and goals. The 26d EMA is considered the long moving average when in this case it is compared to the shorter 12d EMA. If you used a 5d EMA and a 10d EMA then the 10d EMA would be considered the long MA. It is based on what you are comparing it with. Apart from providing signals for a reversal in trend, MACD can also be used as an early indication to a possible end to a trend. What you look out for is divergence between the price and the MACD. See chart below of an example:  Here I have used 10d & 3d EMAs and 1 for the signal (as I did not want the signal to show up). I am simply using the MACD as a momentum indicator - which work by providing higher highs in the MACD with higher highs in price. This shows that the momentum in the trend is good so the trend should continue. However the last high in price is not met with a higher high in the MACD. The green lines demonstrate bearish divergence between price and the MACD, which is an indication that the momentum of the trend is slowing down. This could provide forewarning that the trend may be about to end and to take caution - i.e. not a good time to be buying this stock or if you already own it you may want to tighten up your stop loss."}
{"_id": "191589", "title": "", "text": "Putting your money in the same account as a parent could cause many problems, with very few benefits. One of you would have to claim the dividends and capital gains that the fund might earn during the year. That person might have to pay taxes on those earnings. You would have to find some way of figuring out how to split the costs, and somebody would have to reimburse the other. If one person wanted to sell, figuring out which shares to sell would be much more complex. If these are retirement accounts, which have maximum limits based on income, and the use of other retirement accounts, there is no way to co-mingle the funds. Even if it was possible to combine the funds, the reality is that two people decades apart have different investment goals, and risk tolerances, so the types of investments that a great for one, are very poor for the other. The only benefit is that an existing account would already have more than the minimum investment, so some investments would be easier to make. Also some investments have lower fees if you meet specific investment thresholds. If the fund increases in value by 10% in a year, it doesn't make a difference if the value at the start of the year was 10K or 100K. The rate is the same. The benefits are minor and few; the drawbacks are many; and some situations make it impossible to co-mingle the funds."}
{"_id": "191595", "title": "", "text": "DIGITALPAY melayani pembukaan loket pembayarann PPOB (Payment Point Online Bank) Transaksinya menjangkau ke seluruh wilayah Indonesia. Transaksi menggunakan program web based system maka akan sangat cepat dan ringan untuk di akses, selain itu jika komputer anda rusak data transaksi tetap aman karena tersimpan di server kami. 100% online dan sistem fee realtime langsung masuk ke saldo/quota di setiap per transaksinya, maka penerimaan fee tidak harus menunggu bulan berikutnya."}
{"_id": "191622", "title": "", "text": "He is also going to make sure Uber provides 1099s right?  Also report values under $600 to the IRS?  He is also going to make sure all of his drivers have insurance that cover their taxi service right (standard automotive insurance won't cover you for this)? Uber, Lyft, airbnb, taskrabbit gigwalk, etc are like pyramid schemes.  They tell you how to make money, convince you to make transactions, which they take a percentage of.  However, they conveniently don't tell you about the correct regulations, taxes, laws, etc that end up netting you very little at the end of the year."}
{"_id": "191632", "title": "", "text": "What exactly does consumer relief mean? In my mind it means they are going to write off loans/debt/fees/payments they have no chance of collecting. Relief also does not even come close to repairing the damage caused to families pushed into fraudulent loans."}
{"_id": "191643", "title": "", "text": "\"Most banks will not allow you to use online bill pay with a savings account as the funding source; rather, instead it must be funded from either a checking or money market account. The reason for this is that checks can typically be written from a money market account but not from a savings account. Update: I was having trouble wrapping my head around what the check would look like when the \"\"pay from account\"\" is an external bank, so I just called Bank of America and asked them. Basically, they do an ACH Withdrawal from your external bank account and route the money directly to the payee electronically. This means that your BofA account isn't touched and it won't show up on your BofA statement (but you can see it in the online bill pay history, and on your external bank's statement.) If the payee cannot be paid electronically, than you cannot use an external funding source. In other words, if a physical check is going to be sent, then it must have a BofA account as its funding source. Even though the ACH withdrawal should technically be allowed from a savings account, I suspect that this is forbidden since the intended purpose of the ACH is actually to streamline the writing of a check.\""}
{"_id": "191644", "title": "", "text": "Non-cooperative game theory is where none of the participants work together.  That, and the exploration of non-cooperative outcomes.  I am a computer programmer, and one of my first projects was based on Game Theory (aside from the Prisoner\u2019s Dilemma, which everyone has to do), and using basic rules to get AI to learn to accomplish goals.  The Game Theory aspect was in the logic for how the AI chooses what to learn and what to discard.  What about non-cooperative game theory do you wish to educate me on?"}
{"_id": "191649", "title": "", "text": "\"Any business, like any household, has items that are wasted. Unlike a household, a business does keep track of all items that are unsellable. Depending on the reason for the item being unsellable they are accounted for differently. Items that can be returned to the manufacturer are done so, and the business is given credit for that item. For the business the time spent processing, stocking and restocking that item, plus any time spent handling a return for that customer is harder to track. If they see the percentage of bad items is too large compared to sales they will want to address this with the manufacturer. Items that are spoiled by the business, which will include spoiled food items, will also be tracked. They will examine their choice of products, their procedures for those products and the quantities produced to try an minimize the spoilage. They don't just throw the items away, they keep track of the exact items and their worth. When they have to dispose of meat that has reached their \"\"sell by\"\" date they will actually scan the items into the computer.  In some cases products can be transformed into other products: bread into bread pudding; in other situations they are \"\"reduced for quick sale\"\"; in other cases they are donated to a charity or food kitchen. All of this is also tracked. Of course any losses that the company can't recover by returning items to manufactures or repurposing will be reflected in the price of their items. Stores that can minimize their waste can offer lower prices.\""}
{"_id": "191651", "title": "", "text": "&gt;&gt;only about ten years ago that a typical coke machine took coins and charged about 50 cents  &gt;I remember 10 years ago that a Coke cost a dollar.  I'm pretty sure he's talking about cans, and you're talking about 20 oz bottles. I remember cans being 50 cents, and bottles being 90 cents."}
{"_id": "191658", "title": "", "text": "Last I checked, software authoring was pretty lucrative. Are you specifically looking to do some non-software work? The two things you mention are among the unskilled work o go after, but with some effort you might be able to use your skills to pick up other work. As a blogger, I've needed help with PHP and the blogging tools, the rate for help was $50/hr. Snow is too seasonal, but the walking surely doesn't pay that much, or does it?"}
{"_id": "191660", "title": "", "text": "I cannot speak specifically to the Netherlands or the UK specifically, but my prejudice has me believing that there would be more consumer protection in those two countries than that we have here in the the US, certainly not less. Debt collectors mostly do their job by bullying.  Here in the US they are mostly toothless and typically obtain payments when they invoke an emotional reaction.  In your case they are attempting to invoke fear.  Legal action over \u20ac400?  Get real.  It will cost them 20 times that to bring action, and they are equally likely to get a sympathetic judge to toss out the case. Now you very well know you should have returned the box, please don't be coy.  If you still have it, you should attempt to return it.  If not you should attempt to settle.  Offer them \u20ac80, going no higher than \u20ac160.  Get it in writing, that this satisfies the debt and use either a one time use credit card or a bank check/money order."}
{"_id": "191668", "title": "", "text": "Is it sensible to keep savings in a foreign currency? The answer varies from one country to the next, but in the UK (or any other mature economy), I would advise against it. There are better ways to hedge against currency risks with the funds readily available to you through your ISA. You can keep your money relatively safe and liquid without ever paying a currency exchange fee."}
{"_id": "191675", "title": "", "text": "So have we all agreed finally that climate change, while happening.. Is a totally normal process and not something we can 'fix' with money or new taxes?   No?  Hmm.   Read a short history of nearly everything.  The earth goes through glacial periods and non glacial periods. The SUN has seasons that last about 11 years. We just went through a hot season. We're going into a cold season (as far as the sun is concerned).   Really. Climate change is happening, but it's normal. Really."}
{"_id": "191677", "title": "", "text": "10-Q is the quarterly report, and accordingly is filed quarterly. Similarly, 10-K is the annual report. 8-K is a general form for notification of material events. It is filed every time a material event is required to be reported to the shareholders. It may accompany the periodical reports, but doesn't have to. It can be filed on its own. If you're only interested in the financial statements, then you should be looking for the 10K/10Q forms. SEC will tell you when the forms were filed (dates), but it won't tell you what's more material and what's less. So you can plot a stock price graph on these dates, and see what was deemed more material by the investors based on the price fluctuations, but be prepared to find fluctuations that have no correlation to filings - because the market as a whole can drag the stock up or down. Also, some events may not be required to be reported to SEC, but may be deemed material by the investors. For example, a Cupertino town hall meeting discussing the zoning for the new AAPL HQ building may be deemed material by the investors, based on the sentiments, even if no decision was made to be reported to SEC."}
{"_id": "191688", "title": "", "text": "Assuming you were immersed in math with your CS degree, the book **'A Non-Random Walk Down Wall Street' by Andrew Lo** is a very interesting book about the random walk hypothesis and it's application to financial markets and how efficient markets might not necessarily imply complete randomness.    Lots of higher level concepts in the book but it's an interesting topic if you are trying to branch out into the quant world.  The book isn't very specific towards algorithmic trading but it's good for concept and ideas.  Especially for general finance, that will give you a good run down about markets and the way we tackle modern finance.    **A Random Walk Down Wall Street** (which the book above is named after) by **Burton Malkiel** is also supposed to be a good read and many have suggested reading it before the one I listed above, but there really isn't a need to do so.    For investing specifically, many mention **'The Intelligent Investor' by Benjamin Graham** who is the role model for the infamous Warren Buffet.  It's an older book and really dry and I think kind of out dated but mostly still relevant.  It's more specifically about individual trading rather than markets as a whole or general markets.  It sounds like you want to learn more about markets and finance rather than simply trading or buying stocks.  So I'd stick to the Andrew Lo book first.    ---  Also, since you might not know, it would be a good idea to understand the capital asset pricing model, free cash flow models, and maybe some dividend discount models, the last of which isn't so much relevant but good foundations for your finance knowledge.  They are models using various financial concepts (TVM is almost used in every case) and utilizing them in various ways to model certain concepts.  You'd most likely be immersed in many of these topics by reading a math-oriented Finance book.  Try to stay away from those penny stock trading books, I don't think I need to tell a math major (who is probably much smarter than I am) that you don't need to be engaging in penny stocks, but do your DD and come to a conclusion yourself if you'd like.  I'm not sure what career path you're trying to go down (personal trading, quant firm analyst, regular analyst, etc etc) but it sounds like you have the credentials to be doing quant trading.    ---  Check out www.quantopian.com.  It's a website with a python engine that has all the necessary libraries installed into the website which means you don't have to go through the trouble yourself (and yes, it is fucking trouble--you need a very outdated OS to run one of the libraries).  It has a lot of resources to get into algorithmic trading and you can begin coding immediately.  You'd need to learn a little bit of python to get into this but most of it will be using matplotlib, pandas, or some other library and its own personal syntax. Learning about alpha factors and the Pipeline API is also moderately difficult to get down but entirely possible within a short amount of dedicated time.     Also, if you want to get into algorithmic trading, check out Sentdex on youtube.  He's a python programmer who does a lot of videos on this very topic and has his own tool on quantopian called 'Sentiment Analyzer' (or something like that) which basically quantifies sentiment around any given security using web scrapers to scrape various news and media outlets.  Crazy cool stuff being developed over there and if you're good, you can even be partnered with investors at quantopian and share in profits.    You can also deploy your algorithms through the website onto various trading platforms such as Robinhood and another broker and run your algorithms yourself.    Lots of cool stuff being developed in the finance sector right now.  Modern corporate finance and investment knowledge is built on quite old theorems and insights so expect a lot of things to change in today's world.  ---  With a math degree, finance should be like algebra I back in the day.  You just gotta get familiar with all of the different rules and ideas and concepts.  There isn't that much difficult math until you begin getting into higher level finance and theory, which mostly deals with statistics anyways like covariance and regression and other statistic-related concepts.  Any other math is simple arithmetic."}
{"_id": "191704", "title": "", "text": "The short answer is no - the CGT discount is only applied against your net capital gain. So your net capital gain would be: $25,000 - $5,000 = $20,000 Your CGT discount is $10,000 You will then pay CGT on $10,000 Of course you could sell ABC in this financial year and sell DEF next financial year.  If you had no other share activities next financial year than that net capital loss can be carried forward to a future year. In that case your net capital gain this year would be $25,000 Your CGT discount is $12,500 You will then pay CGT on $12,500 Next year if oyu sell DEF, you'll have a $5000 net capital loss which you can carry forward to a future year as an offset against capital gains. Reference: https://www.ato.gov.au/General/Capital-gains-tax/Working-out-your-capital-gain-or-loss/Working-out-your-net-capital-gain-or-loss/"}
{"_id": "191724", "title": "", "text": "Nuestro sitio http://curavena.com Los departamentos de salud estatales y locales, los funcionarios de salud, las enfermeras y los doctores especialmente lista de m\u00e9dicos de inmigraci\u00f3n se les pide que tengan cuidado al tratar con individuos de comunidades inmigrantes. Una detecci\u00f3n temprana puede ayudar a tratar la propagaci\u00f3n de la enfermedad. Esta es una de las principales razones por las que la TB check-up es la primera cosa que se hace en el examen m\u00e9dico de inmigraci\u00f3n.  Google map - https://plus.google.com/115301954348379377536 M\u00e1s V\u00eddeo : http://www.dailymotion.com/video/x5oem19_lista-de-medicos-de-inmigracion_lifestyle"}
{"_id": "191741", "title": "", "text": "You may also want to consider short term, low risk investments. Rolling Certificate of Deposits can be good for this. They don't grow like an Index Fund but there's 0 risk and they will grow faster than your bank. For my bank as an example today's rates on my Money Market is 0.10% APY while the lowest CD (90 days) is 0.20% APY with a 5 year going up to 0.90% APY. It's not substantial by any stretch but its secure and the money would just be sitting in my bank otherwise. For more information look at: What is CD laddering and what are its pros and cons?"}
{"_id": "191747", "title": "", "text": "Decades of research has shown that smoking has no beneficial effects and has many detrimental ones, some quite serious.  So why does anyone still smoke? Decades of research has shown that wearing a seatbelt greatly reduces your likelihood of dying in a car accident.  So why do some people still not wear them? Many individuals have learned over time that scratching a persistent itch (like poison oak) will provide only temporary relief, ultimately making the itch worse and perhaps even causing bleeding or further damage.  So why do people still scratch these itches? The answer to these is the same as the answer to your question: people are fallible.  People are often foolish, weak-willed, or simply unaware of relevant information that would help them make the best choice, even if they knew what it was.  People do not always do what is best for them."}
{"_id": "191756", "title": "", "text": "Mr. Raphael Lilla\u2019s past work experience involves his role as the Chief Executive Officer at Banque Cramer &amp; Cie SA, a renowned Private Investment Bank. He is currently operating as the Executive Director of Swiss Bullion Corp, Geneva, Switzerland."}
{"_id": "191759", "title": "", "text": "use all cash I have This is a horrible idea. Any problem requiring money will turn into a really big problem. For example any bigger problem with newly bought 2 room flat (emergency repair, damage by renter) will both reduce income and be impossible to fix until some money is secured. Whatever contribution higher than minimal depends on many factors (risks, alternative sources of money, loan conditions etc). But spending all cash and living paycheck to paycheck is unlikely to be worth it. it can be assumed, that I will always be able to find someone to rent my flats This is a very optimistic assumption."}
{"_id": "191766", "title": "", "text": "Almost any financial institution has the technical ability to do this (simply called sweeps, auto sweeps, or deposit sweeps); the issue you face is finding an institution that is willing to do it for you.  I think you will have the most luck at your primary financial institution where you currently keep the majority of your banking relationship.  You will have better luck at small-town banks and credit unions.  The mega banks will likely not waver from their established policies. Deposit sweeps are common for business accounts.  They are usually tied to a savings account, which is usually held within the same institution, however this is not a requirement.  The sweep can send money to any US bank if you can provide the routing number and account number.  The sweep will establish a peg balance, or floor balance, on the checking account.  At the end of the day, any amount above the peg is swept into the savings account automatically. I doubt you will find what you\u2019re asking for within an online banking system.  You will likely have to go into a branch and speak with a personal banker.  Explain to them you want to establish a sweep on your checking account and want to send the funds to another financial institution.  You will have better luck asking for a peg of $100, or some other small amount.  They may not take your request seriously if you want to completely empty the checking account to zero."}
{"_id": "191790", "title": "", "text": "To be fair regarding the 15% vs 20% difference: disregarding the 5% expected tip increase, *the price of the food has also increased*, meaning that even with the 15% rate you would have been paying more for service on top of paying more for mediocre food. And now you're tacking an extra 5% on top of that. It's crazy, and ultimately it's why a lot of restaurants are doing very poorly right now. The value proposition really isn't there anymore.  We need to find a new way to compensate wait staff in America."}
{"_id": "191798", "title": "", "text": "If you are looking for summer-friendly fabric then men\u2019s linen shirts are the best option that you can have. And not to forget men\u2019s linen shirts is purely an element of the palette of worldwide fashion. Also, it\u2019s not tough to find a great linen shirt nowadays, just the way you pay, just the same way you get men\u2019s linen shirts."}
{"_id": "191807", "title": "", "text": "It's working well by one metric: covering the uninsured. However, Obamacare doesn't do enough to control costs. Wait a few years for double-digit premium increases due to the continuing spiral of costs and it's not going to be working so well. IMHO"}
{"_id": "191835", "title": "", "text": "Neal Neilinger previously worked at Dresdner, BNP Paribas (BNPP.PA) and NSM Capital Management.Calyon, a unit of France's biggest retail bank Credit Agricole (CAGR.PA), said Neilinger will report to Jim Siracusa, global head of debt and credit markets, and would have a global role within its debt and credit markets product line."}
{"_id": "191848", "title": "", "text": "Whatever the current amount is when you introduce it. And you've just hit on one of the claimed advantages of the plan, which is to even out the business cycle. You don't get expansions of the money supply in huge bubbles, or contractions when it all crashes down."}
{"_id": "191850", "title": "", "text": "The German language has a great influence on the world because Germany plays a vital role in the European Union. Also, the economy of Germany encourages the growth of the German translation industry. Besides, the prosperity of tourism in Germany increases the need for learning and translating German. As a result, this language is widely learned, used, and translated in the Middle East."}
{"_id": "191894", "title": "", "text": "FedEx will do the same thing, it depends a lot on the driver that day. It really sucks when the package needs a signature and the driver doesn't want to get out, so he maybe honks once or hopes to see someone, otherwise he leaves a note and drives off."}
{"_id": "191899", "title": "", "text": "As you are a stranger, it would be useful for me to take your stuff.  Does that mean I should?  I would use the proceeds to fund charities because I'm cool like that and want to *help society*.  Robbing you is *useful.*  Should I do it?"}
{"_id": "191923", "title": "", "text": "I lived in Kosovo and I kept noticing houses in the middle of bum fuck no where. I asked my business mgr what was up  He said the Mafia will use those houses to launder money. They build super cheap (its basically just a shell...NOTHING INSIDE...not even windows)  So if you are ever in Kosovo and see like 10 houses in the middle of field with nothing around them, it belongs to the Mafia."}
{"_id": "191924", "title": "", "text": "Uber has one profitable endgame: sufficient market share that it can engage in the same monopolistic practices it is supposed to \u201cdisrupt.\u201d Presumably, some combination of reduced compensation for drivers and increased fares could get them in the black, but then they\u2019re just a taxi service with an app."}
{"_id": "191925", "title": "", "text": "Several things to do: Change your bank. $2 for a check? Why?? When shopping for a new bank: ask for a free checking account. College students can get free checking in almost any bank. At least the first box of checks will be free, which will give you enough checks for the next several years (I'm still not half done with the box I got from WaMu 5 years ago). Check out your neighborhood credit union. Most of them have free checking and free checks for students as well. If still no luck - check online check printing services, they'll send you a box for less than $25, that's for sure. Walmart for example (1 box - $7). Also, you can use banks' bill-pay service for any check you write, if you know the address of the person, the amount and the sum a couple of days ahead of time. That should cover rent, and probably most of your other checks."}
{"_id": "191965", "title": "", "text": "You're interpreting this correctly. Furthermore, if your total tax liability is less than $1000, you can not pay estimates at all, just pay at the tax day. See this safe harbor rule in the IRS publication 17: General rule.    In most cases, you must pay estimated tax for 2016 if   both of the following apply. You expect to owe at least $1,000 in tax for 2016, after subtracting your withholding and refundable credits. You expect your withholding plus your refundable credits to be less than the smaller of: 90% of the tax to be shown on your 2016 tax return, or 100% of the tax shown on your 2015 tax return (but see Special rules for farmers, fishermen, and higher income taxpayers , later).   Your 2015 tax return must cover all 12 months."}
{"_id": "191977", "title": "", "text": "Not-very-serious companies always try to reduce your pretended salary. This also happens in Argentina. My advice is to look for another opportunity because you have to take into account that if you join the company this will happen again; for example, in the future, they may lowball you on raises."}
{"_id": "191989", "title": "", "text": "That's a fair point, but the article specifically mentions opioids and given the broad strokes the first commenter was using, I thought it might be good to give some perspective as to why that viewpoint might miss some pretty important nuances."}
{"_id": "191993", "title": "", "text": "A Solo 401k plan requires self-employment income; you cannot put wages into it."}
{"_id": "192015", "title": "", "text": "\"I was just thinking of that very concept as I was writing it down.   Ultimately don't you think the common shareholders would want to side with the new BD members and their vote to remove super voting over the two board member suit or do you think they are going for \"\"have my cake and eat it too\"\" mode. Get the BD vote and still hang onto the suit to take the founder out a bit.\""}
{"_id": "192020", "title": "", "text": "I mean some people are trying to climb  in the caste system; Others are pushing down trying to prevent those people from climbing up and joining them. India is a very complex socioeconomic landscape.  Currently, Indian IT workers will quit as soon as they find a better offer having produced little in the current/previous role. These are the social climbers. Those that are trying to prevent the lower castes (who have affirmative action benefits) from having the same opportunities because this makes their own livelihood more competitive.  They must now complete harder where before it was easy to get a managerial position for them. Much like racism in the US."}
{"_id": "192055", "title": "", "text": "Capitalism works best when there is transparency.  Your secret formula for wealth in the stocks should be based on a fair and free market, as sdg said, it is your clever interpretation of the facts, not the facts themselves.  The keyword is fair. Secrets are useful for manufacturing or production, which is only a small part of capitalism.  Even then we had to devise a system to protect ideas (patents, trademarks and copyrights) because as they succeed in the market, their secrecy goes away quickly."}
{"_id": "192057", "title": "", "text": "\"&gt; I agree with the culture leading to the lack of creativity, but that has nothing to do with the language. Before the current iteration of the Chinese government, the Chinese were some of the most inventive people in the world, the first to discover a ridiculously large number of technologies far before the Western world would even come close to that level of scientific advancement. In addition, I personally believe that the poetry from the more classical eras of Chinese history is mind-blowingly beautiful, in all regards equal to any Western literature you compare it to.  Yes but how literate was the populace as a whole in this era?  I've seen some of the most creative, inventive things come from uneducated people.  There's something to be said for the creativity of idle hands.  edit:  I wasn't limiting my comment to Chinese culture only.  Other \"\"asian\"\" cultures have come to the US and succeeded. But indeed the written Chinese language, and the learning of it, tends to apply well to mathematical skills.  And western people who spend time learning Chinese and the written language, as a side effect, tend to improve in their mathematical skills as well.   We live in a weird world.\""}
{"_id": "192074", "title": "", "text": "For the same reason that you take out low interest loans on big purchases like a car even if you have cash. Plus, tax advantages as another comment said. Netflix is also a growth stock and is using that debt to create real value."}
{"_id": "192078", "title": "", "text": "You seem to be focusing on the performance of their balance sheets. We've been talking about the quality of their products/services this entire time. AT&amp;T and Verizon have declined in quality due to growth. I believe that is something everyone agrees on universally.  As for Pfizer, one set of their products were of such poor quality (for not being fit or medically approved for the purposes for which they were illegal promoted) they [received a record $2.3bn fine](http://news.bbc.co.uk/2/hi/8234533.stm) (which is still minor relative to their balance sheet but again, we're talking quality of goods/services)."}
{"_id": "192079", "title": "", "text": "\"There are quite some options, but without additional information, I can only provide examples. Last year I had the option to buy a house, but I decided against it because in my area it is getting harder and harder every year to sell it at a reasonable price. But if I had bought a house, my mother would have lent me the money, with me paying it back to her over the years on 3% interest. So it would have been some kind of a private loan. But my mom would never have taken ownership of the house, since it was not her intention to own it in any way. (Does your dad intend to own the house and rent it to you? If yes, and if you are comfortable with renting instead of buying, then this is an option.) The second option, the one we discarded because of the additional cost, is that I could have taken a loan, paying 4.5% interest to the bank, which would then pay under 1% to my mom, and keep the rest. Banks always want to make profit, and this profit has to come from somewhere - from the difference between the interest rates. If your dad has 230k on the bank, and you owe 230k to the bank, you are better off if you keep the bank out - at least as long as your dad is comfortable with lending you money, and you are comfortable with owing him money. (my gf would never borough money from her mother, because her mother would always play the \"\"you are in my debt\"\" card - on each and every visit, and whenever she needed help in any way...) So the key is: What does your dad feel comfy with - and what do you feel comfy with. If possible, keep the banks out, but set up a written contract between you and your dad.\""}
{"_id": "192083", "title": "", "text": "It's not just the US based mailing address for registration or US based credit-card or bank account: even if you had all these, like I do, you will find that  these online filing companies do not have the infrastructure to handle non-resident taxes. The reason why the popular online filing companies do not handle non-resident taxes is because: Non-residents require a different set of forms to fill out - usually postfixed NR - like the 1040-NR. These forms have different rules and templates that do not follow the usual resident forms. This would require non-trivial programming done by these vendors All the NR forms have detailed instructions and separate set of non-resident guides that has enough information for a smart person to figure out what needs to be done. For example, check out Publication 519 (2011), U.S. Tax Guide for Aliens. As a result, by reading these most non-residents (or their accountants) seem to figure out how the taxes need to be filed. For the remaining others, the numbers perhaps are not significant enough to justify the non-trivial programming that need to be done by these vendors to incorporate the non-resident forms. This was my understanding when I did research into tax filing software. However, if you or anyone else do end up finding tax filing software that does allow non-resident forms, I wil be extremely happy to learn about them. To answer your question: you need to do it yourself or get it done by someone who knows non-resident taxes. Some people on this forum, including me for gratis, would be glad to check your work once you are done with it as long as you relieve us of any liability."}
{"_id": "192086", "title": "", "text": "\"Having worked in retail and spent a large portion of my life shopping in retail, I sympathize with the employees more than the customers. I don't think that Target Employee wants to talk to you anymore than you want to talk to him. The worst part is you, as a shopper, can avoid the \"\"bad\"\" employees, the Target dude...all he gets to talk to are the douches and idiots. All. Day. Five. Days. A. Week. And. Six. Days. A. Week. Between. October. And. January.\""}
{"_id": "192098", "title": "", "text": "Actually, Amazon is a market place where even you can open a store and sell things faster, easier, and cheaper than opening a brick and mortar store.   ... until last week when they made a new rule that independent stores must have the same standards as sales by amazon. Which means returns for anything, full credit for returns, etc.   So like the story with eBay which became hostile towards the small entrepreneur.    So amazon had a bigger competitor once, eBay, and eBay managed to lose the competition."}
{"_id": "192114", "title": "", "text": "Disgusting. But its obviously not news. This is what, I would reckon, 95% of China\u2019s wealthiest (above 1mil USD) are all about: Chronic nepotism, corruption, in short favoritism which is not based on merit. It truly makes me sick to read some of those stories simply because it disadvantages EVERYONE else, not just the few who were in direct competition with those, favored. This is unfortunately the very big and ugly side of Chinese culture, its only a question of time before the next revolution will ring at the door, only to repeat the same cycle all over\u2026"}
{"_id": "192120", "title": "", "text": "\"The IRS isn't going to care how you filed for benefits - they're effectively the high man on the totem pole.  The agency that administers the SNAP program is the one who might care.  File the 1040 correctly, and then deal with SNAP as you note.  Do deal with SNAP, though; otherwise they might be in trouble if SNAP notices the discrepancy in an audit of their paperwork. Further, SNAP doesn't necessarily care here either.  SNAP defines a household as the people who live together in a house and share expenses; a separated couple who neither shared expenses nor lived together would not be treated as a single household, and thus one or both would separately qualify.  See this Geeks on Finance article or this Federal SNAP page for more details; and ask the state program administrator.  It may well be that this has no impact for him/her.  The details are complicated though, particularly when it comes to joint assets (which may still be joint even if they're otherwise separated), so look it over in detail, and talk to the agency to attempt to correct any issues. Note that depending on the exact circumstances, your friend might have another option other than Married Filing Jointly.  If the following are true: Then she may file as \"\"Head of Household\"\", and her (soon-to-be) ex would file as \"\"Married Filing Separately\"\", unless s/he also has dependents which would separately allow filing as Head of Household.  See the IRS document on Filing Status for more details, and consider consulting a tax advisor, particularly if she qualifies to consult one for free due to lower income.\""}
{"_id": "192123", "title": "", "text": "Oh c'mon, this is such bullshit. The reason it exists like this is because until piracy became a reality all of a movie's profits came from home-video. That model is broken now. It isn't some grand sinister conspiracy, it's slow adaptation to a new reality. Marketing, distribution, promotion... it all has serious costs."}
{"_id": "192124", "title": "", "text": "Good for you. Just saw my cousin today, his 2012 Kia Optima rod bearings just failed at 112000 mikes. He was given a reman engine and more warranty.   In my experience Toyota is worth every Penney. Hyundai/Kia did fix his car."}
{"_id": "192125", "title": "", "text": "I used to work on the software in the front office (and a bit of the middle office) of a brokerage firm. This page describes the process pretty well. Basically there are three parts: So to your question: how does an order get executed? ETFs work the same since they are effectively shares of a mutual fund's assets. True mutual fund shares work differently since they don't get traded in the market. They get traded at the end of the market as just a bookkeeping exercise."}
{"_id": "192130", "title": "", "text": "Having worked there in my youth, I know the quality is shit in every conceivable way. Chicken breasts come in blister packs, pre marinated. They microwave your veggies and they treat employees like shit, so they don't give a fuck about your wants or needs."}
{"_id": "192133", "title": "", "text": "I assume that there is proper documentation. Loan can only be credited to your NRO account. See RBI regulation Persons Resident in India borrowing in INR from NRIs/PIOs 2.1 Available routes for borrowing: Persons resident in Indian may borrow in INR from NRIs/PIOs under the following two routes: 2.1.1 Borrowing in INR by persons other than companies in India: A person resident in India, not being a company incorporated in India,   may borrow in INR from NRIs/PIOs after satisfying the following terms   and conditions: Borrowing shall be only on a non-   repatriation basis; The amount of loan should be received either by inward remittance from   outside India or by debit to NRE/NRO/FCNR(B)/NRNR/NRSR account of the   lender, maintained with an authorised dealer or an authorised bank in   India; Period of loan shall not exceed 3 years; Rate of interest on the loan shall not be more than two per cent above   Bank Rate prevailing on the date of availment of loan; Payment of interest and repayment of principal shall be made only to   the NRO account of the lender."}
{"_id": "192176", "title": "", "text": "\"Sometimes when you are trying to qualify for a loan, the lender will ask for proof of your account balances and costs. Your scheme here could be cause for some questions: \"\"why are you paying $20-30k to your credit card each month, is there a large debt you haven't disclosed?\"\". Or perhaps \"\"if you lost your job, would you be able to afford to continue to pay $20-30k\"\". Of course this isn't a real expense and you can stop whenever you want, but still as a lender I would want to understand this fully before loaning to someone who really does need to pay $20-30k per month. Who knows this might hiding some troublesome issues, like perhaps a side business is failing and you're trying to keep it afloat.\""}
{"_id": "192183", "title": "", "text": "You're making sense. I work in finance and I'd recommend you not listen to the people who try to scare you away from investments they don't understand. There's a little value in everything and public opinion waxes and wanes. It's smart to generally be trading against the consensus.  I would say Bitcoin is riskier than the Eurodollar but safer than the Zimbabwe dollar... Yes that is a wide range, but just go with your gut. Buy low, sell high!"}
{"_id": "192193", "title": "", "text": "\"The first thing that it is important to note here is that the examples you have given are not individual bond prices.  This is what is called the \"\"generic\"\" bond price data, in effect a idealised bond with the indicated maturity period.  You can see individual bond prices on the UK Debt Management Office website. The meaning of the various attributes (price, yield, coupon) remains the same, but there may be no such bond to trade in the market.  So let's take the example of an actual UK Gilt, say the \"\"4.25% Treasury Gilt 2019\"\".  The UK Debt Management Office currently lists this bond as having a maturity date of 07-Mar-2019 and a price of GBP 116.27.  This means that you will pay 116.27 to purchase a bond with a nominal value of GBP 100.00.  Here, the \"\"nominal price\"\" is the price that HM Treasury will buy the bond back on the maturity date.   Note that the title of the bond indicates a \"\"nominal\"\" yield of 4.25%.  This is called the coupon, so here the coupon is 4.25%.  In other words, the treasury will pay GBP 4.25 annually for each bond with a nominal value of GBP 100.00.  Since you will now be paying a price of GBP 116.27 to purchase this bond in the market today, this means that you will be paying 116.27 to earn the nominal annual interest of 4.25.  This equates to a 3.656% yield, where 3.656% = 4.25/116.27.   It is very important to understand that the yield is not the whole story.  In particular, since the bond has a nominal value of GBP100, this means that as the maturity date approaches the market price of the bond will approach the nominal price of 100. In this case, this means that you will witness a loss of capital over the period that you hold the bond.  If you hold the bond until maturity, then you will lose GBP 16.27 for each nominal GBP100 bond you hold.  When this capital loss is netted off the interest recieved, you get what is called the gross redemption yield.  In this case, the gross redemption yield is given as approximately 0.75% per annum. NB.  The data table you have included clearly has errors in the pricing of the 3 month, 6 month, and 12 month generics.\""}
{"_id": "192200", "title": "", "text": "Usually, sell. Every month -- arguably every day -- you own the house it is costing you money for mortgage and taxes and upkeep. Unless it is also producing income, or you are actually living in it, that is a serious problem. In any sane market, it is extremely unlikely that the house can gain enough value to offset that loss.  Renting it out, even if you lose money versus the costs, would at least slow the bleeding... But unless you actually want to deal with rental, or strongly expect to return very soon, selling rapidly for a good price is usually optimal. Of course when setting the asking price, and negotiating offers, you are going to have to consider exactly this trade-off."}
{"_id": "192248", "title": "", "text": "Agree, but from a consumer standpoint, isn't that awesome? We get fresh, new content at low prices, publishers and authors continue to get paid to produce it, and everyone's happy. Monopsony power is real, but substantially less harmful on the internet - publishers could always produce their own e-books, with DRM, that would be readable on any tablet, but they would want to charge higher prices.  The way I see it, publishers are in a tough spot here: their customers are flocking to e-readers, where they're much less willing to pay $15-$25 a pop for a product with virtually zero marginal cost. Amazon isn't the bad guy there - technology is. I think, like the music industry, we're just going to see a fundamental restructuring of the playing field, and publishing is just going to become a much less lucrative market to be in."}
{"_id": "192264", "title": "", "text": "In June 2009 Tesla was approved to receive US$465 million in interest-bearing loans from the United States Department of Energy. The funding, part of the US$8 billion Advanced Technology Vehicles Manufacturing Loan Program, supports engineering and production of the Model S sedan, as well as the development of commercial powertrain technology.  No secret, It's on their wikipedia page: http://en.wikipedia.org/wiki/Tesla_Motors  Im pretty sure the Gigafactory will be getting some sweet tax breaks and incentives too."}
{"_id": "192270", "title": "", "text": "&gt;Most people spend their 20s figuring out their lives and their 30s and 40s building their family and retirement. The Millenials simply have less to lose and have suffered far less of an impact.  Totally disagree with the assumption you are making here, that millenials will all of a sudden start making a shitload of money in 10-20 years.  When a lot of them can't get jobs after graduation, it prevents them from ever climbing the ladder at all.  They can't get a professional job, so they take a menial job, and the longer they aren't in a professional job, the harder it becomes to GET a professional job.  Many will be stuck in menial jobs their entire lives, simply because noone would ever give them the experience needed."}
{"_id": "192276", "title": "", "text": "Again, you need to find better jobs. I've had 100% engineer retention since I started the company five years ago. Every single engineer I've hired is still with the company. We've also just won an award for our workplace culture. I guarantee you that all of us could be making more money elsewhere, but we're here because of bigger reasons."}
{"_id": "192292", "title": "", "text": "The Roth IRA will provide no tax benefit to you if you are contributing after-tax money and then removing it immediately. Also there is more information on tax benefits for parents of disabled children (and a real phone number, I tried calling) at http://www.irs.gov/uac/Tax-Benefits-for-Disabled-Taxpayers"}
{"_id": "192295", "title": "", "text": "\"Yes, you effectively need to \"\"double count\"\" when shifting balances between foreign accounts.\""}
{"_id": "192296", "title": "", "text": "Temporary flex time is just fine. During crunch time, put in 60 hours a week and then when the crunch is over, do a few weeks of 30 hours, wind down, take a day off, charge for the next crunch.  That's how flexible hours should work, to both directions."}
{"_id": "192299", "title": "", "text": "If you are looking for a European financials ETF to short, you could take a look at the iShares EURO STOXX Banks, which is traded on a a few German stock exchanges (Frankfurt etc.): iShares Euro Stoxx Banks Website You find its current holdings here: holdings."}
{"_id": "192307", "title": "", "text": "\"The price at which a stock was purchased is a sunk cost--that is, you cannot go back in time and reverse the decision you made to purchase that stock.  Another example of a sunk cost would be purchasing a non-refundable, non-transferable movie ticket.  Sunk costs have the tendency to create a cognitive bias in which we feel that the amount we paid at some point in the past should have some sort of bearing on the decision we make now--the purchaser of the ticket feels he must go see the movie even if he no longer wishes too, lest the ticket \"\"go to waste\"\"... the investor hopelessly clings to a battered stock for that tiny chance that just maybe some day it will return to its former glory.  This is referred to as the \"\"sunk cost fallacy\"\" and is considered to be irrational behavior by economists. Keeping this in mind, your hopes and dreams for the stock at the time you purchased it should have no bearing on the decision you make now.  Similarly, whether the stock has risen or fallen in price since your purchase date should have no bearing.  Instead, you must consider what you expect the stock to do from this very moment on into the future--that is, you must act at the margin. You've indicated that you are faced with two choices--sell the stock now, incur the loss, but benefit from the tax break (Option A).  This benefit is quite easily quantifiable--it is your marginal tax rate multiplied by the additive inverse of the loss (assuming you have/will have other gains to offset).  Let's just assume that you incurred a $1000 loss, at a marginal tax rate of 20%, which means your tax benefit for the loss is $200. The second choice--to hold the stock in hopes of it rising in price (Option B)--is a bit harder to quantify.  You must assume that today is day zero, and that every cent in price the stock rises is a gain to you, and every cent in price the stock looses is a loss to you.  If you believe that the stock will rise to a price that will net your more than your tax benefit from option A, then holding the stock is more favorable than selling it at a loss today.  Conversely, if you believe this stock will fall even further in the future, or not rise enough to net you $200 (per the example), then Option A is preferable. Granted, there are some additional complications that play into your decision.  By selling the stock today, you not only get a tax benefit from the loss, but you've also freed up the funds previously used to purchase that stock to be invested elsewhere (in hopefully a better performing asset).  If you choose to stick with your current stock, then the gains you may have netted elsewhere must be considered as an opportunity cost associated with Option B.  Finally, the tax benefit is essentially guaranteed (so in our example, a $200 risk free return), while sticking with the stock in Option B still comes with some risk.\""}
{"_id": "192332", "title": "", "text": "\"Since as you say, an LLC is a pass-through entity, you will be making income in the U.S. when you sell to U.S. customers.  And so you will need to file the appropriate personal tax forms in the US.  As well as potentially in one or more States.  The US government does not register LLCs.  The various States do.  So you'll be dealing with Oregon, Wisconsin, Wyoming, one of those for the LLC registration.  You will also need to have a registered agent in the State.  That is a big deal since the entire point of forming an LLC is to add a liability shield.  You would lose the liability shield by not maintaining the business formalities.   Generally nations aim to tax income made in their nation, and many decline to tax income that you've already paid taxes on in another nation.  A key exception: If money is taxed by the U.S. it may also be taxed by one of the States.  Two States won't tax the same dollar. Registering an LLC in one State does not mean you'll pay state taxes there.  Generally States tax income made in their State.  It's common to have a Wyoming LLC that never pays a penny of tax in Wyoming.  Officially, an LLC doing business in a State it did not form in, must register in that State as a \"\"foreign LLC\"\" even though it's still in the USA.  The fee is usually the same as for a domestic LLC.  \"\"Doing business\"\" means something more than incidental sales, it means having a presence specifically in the State somehow.  It gets complicated quick.  If you are thinking of working in someone's app ecosystem like the Apple Store, Google Play, Steam etc. Obviously they want their developers coding, not wrestling with legalities, so some of them make a priority out of clearing and simplifying legal nuisances for you.  Find out what they do for you.\""}
{"_id": "192365", "title": "", "text": "In 2-3 years, if they are able to keep doors open without letting Countrywide or Merrill go, they will be a behemoth once again. Although I favor Citi over their peers due to thei consolidation efforts and global focus, you must be severely misinformed if you think BoA is worthless."}
{"_id": "192366", "title": "", "text": "The idea is to positively identify you with properly issued government ID. If you show up with your passport, visa, and another form of government-issued identification which the banker can recognize and use (for example - international driver's license, a US-State driver's license, EU internal ID, etc) - it will be quick and painless. Usually, at least two distinct forms of identification are required from foreigners: passport and something else, and not the visa stamped in a passport, that just shoes to show your status upon your W9/W8 requirements may be based. You'll probably be asked for a TIN before any payments are made to you by the bank. If you don't have anything credible to show as your identification it will be equally quick and painless, except that you'd be leaving without a bank account. If your identity cannot be established properly there and then - they will not serve you."}
{"_id": "192370", "title": "", "text": "Manufacturer of\u00a0Quartz\u00a0Powder in India http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php Shri Vinayak Industries is entitled as one of the committed white\u00a0quartz silica powder\u00a0exporter, manufacturer, supplier and trader from India. Quartz from our industry is becoming famous at an enormous pace. We are bringing super pure form of Quartz Powder forth to fulfill all requirements of end users. Owing to our enriched experiences, we are dedicated to providing a wide variety of finest quality\u00a0Quartz Powder."}
{"_id": "192379", "title": "", "text": "\"I don't think it would be counted as income, and if it's a short-term loan it doesn't really matter as the notional interest on the loan would be negligible. But you can avoid any possible complications by just having two accounts in the name of the person trying to get the account benefits, particularly if you're willing to just provide the \"\"seed\"\" money to get the loop started.\""}
{"_id": "192388", "title": "", "text": "\"Links were the first major factor in the \"\"Out of Page\"\" list used by search engines. Google was not the first search engine to count the links as \"\"votes,\"\" but it was the first search engine that relied on link analysis to improve relevancy.   Despite talking about other bookmarks, links and content are still the main external signal for Google search. But as you will find, some links are more valuable than others.\""}
{"_id": "192411", "title": "", "text": "\"Yep, that's exactly my take on it. They will use it as a test bed for a while, with the tellerless checkout, and such, then they will start kicking out all the overpriced \"\"natural\"\" foods and replace them with foods people actually eat.\""}
{"_id": "192421", "title": "", "text": "\"The answer is Discounted Cash Flows. Companies that don't pay dividends are, ostensibly reinvesting their cash at returns higher than shareholders could obtain elsewhere.  They are reinvesting in productive capacity with the aim of using this greater productive capacity to generate even more cash in the future. This isn't just true for companies, but for almost any cash-generating project. With a project you can purchase some type of productive assets, you may perform some kind of transformation on the good (or not), with the intent of selling a product, service, or in fact the productive mechanism you have built, this productive mechanism is typically called a \"\"company\"\". What is the value of such a productive mechanism? Yes, it's capacity to continue producing cash into the future. Under literally any scenario, discounted cash flow is how cash flows at distinct intervals are valued.  A company that does not pay dividends now is capable of paying them in the future.  Berkshire Hathaway  does not pay a dividend currently, but it's cash flows have been reinvested over the years such that it's current cash paying capacity has multiplied many thousands of times over the decades. This is why companies that have never paid dividends trade at higher prices. Microsoft did not pay dividends for many years because the cash was better used developing the company to pay cash flows to investors in later years. A companies value is the sum of it's risk adjusted cash flows in the future, even when it has never paid shareholders a dime. If you had a piece of paper that obligated an entity (such as the government) to absolutely pay you $1,000 20 years from now, this $1,000 cash flows present value could be estimated using Discounted Cash Flow. It might be around $400, for example.  But let's say you want to trade this promise to pay before the 20 years is up.  Would it be worth anything?  Of course it would.  It would in fact typically go up in value (barring heavy inflation) until it was worth very close to $1,000 moments before it's value is redeemed. Imagine that this \"\"promise to pay\"\" is much like a non-dividend paying stock.  Throughout its life it has never paid anyone anything, but over the years it's value goes up.  It is because the discounted cash flow of the $1,000 payout can be estimated at almost anytime prior to it's payout.\""}
{"_id": "192425", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://bruegel.org/2017/07/the-us-retail-crisis/) reduced by 85%. (I'm a bot) ***** &gt; Paul Krugman wonders why aren&amp;#039;t promises to save service jobs as much a staple of political posturing as promises to save mining and manufacturing jobs? One answer might be that mines and factories sometimes act as anchors of local economies, so that their closing can devastate a community in a way shutting a retail outlet won&amp;#039;t.  &gt; Jobs in mining and manufacturing tend to offer higher pay and are far more likely to come with health care and pension benefits than retail jobs.  &gt; In mining the average weekly wage is $1,450, in manufacturing it is $1,070, by comparison in retail it is just $555. This difference in job quality is apparent in the difference in separation rates by industry: it was 2.4 percent for the most recent month in manufacturing and 4.7 percent in retail, almost twice as high.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nwafx/bruegel_the_us_retail_crisis/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~169087 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **retail**^#2 **mines**^#3 **manufacturing**^#4 **argues**^#5\""}
{"_id": "192428", "title": "", "text": "No, you will (generally speaking) not see a decrease in your net earnings from crossing a tax bracket: This means that your highest marginal rate (the top bracket you fall into) only applies to the portion of your income that is in that bracket, not your total income. This helps ensure that your total tax burden does not increase measurably from crossing a tax bracket. Be aware that you can still see measurable changes in your total taxes due if increases in income make you no longer eligible for certain deductions and/or benefits that were otherwise reducing your tax burden, but this is not the same as how changes in your highest marginal rate affect your overall average tax rate. Note that when you see a rate table such as the one on efile.com's federal income tax rates page or on Wikipedia's Income tax in the United States page, the rates listed are for each segment of income, not for your overall income: In other words the 15% rate below (for 2014, filing single) only applies to the portion of your income falling between the listed numbers, not to income below it or above it: that would be calculated under the respective rates given. You can use the i1040tt tax tables to gain a sense of how this works in practice: (The linked resource is for 2014 taxes) The threshold in 2014 for the 25% rate vs 15% was $36,900. Using the linked table, if you were single and made between 36,850 and 36,900 in gross income, your tax liability before other considerations was $5,078. If you made between 36,900 and 36,950, your base tax liability was $5,088."}
{"_id": "192437", "title": "", "text": "&gt; What kinda skill set is it that they can't find in a population of 300 million plus?  The skill set where they work for half the market salary and are scared of complaining about working conditions so they don't get thrown out of the country."}
{"_id": "192454", "title": "", "text": "Except that doesn't really work.  If a corporation makes too much profit, they get undercut.  Which is what's happening here.  BWW sells an expensive yet lousy product.  People aren't buying.  There are less expensive options that are better.  Taxing people isn't some miracle cure, either.  I'm older and could probably pull off retirement right now if I wanted to.  But I keep working to make more.  If I start getting assfucked with taxes, guess what?  It's not worth it for me to work.  You can't tax me when I'm not showing an income, or a much, much smaller income.  If you're one of those knuckleheads that think communism works, there's a reason why it consistently fails and ends up with horrendous human rights abuses.  I fall under the ADA and while I can work because I *want* to work, you better believe that I will stop working if everything is free.  I can make a medical argument not to work and you better fucking believe that I would take that opportunity.  When demand outstrips supply - like it always does under communism - then it collapses.  But not usually before the communist regime starts killing and torturing people.  Fuck everything about communism."}
{"_id": "192455", "title": "", "text": "I agree with you.  But I think you are missing my point.  It is the affect on other CEOs and how they respond to fixing their own security messes.  Because they will want to avoid a nearly 1/3 drop in their stock price.     I actually work in the security related industry and at a company were security was actually something we sell.  We were breeched a few months back. It was in the news world wide How we were breeched was well known and even brought up as a risk for several years by the engineers including myself.    It was ignored because it e didn't deliver immediate observable benefit or differentiation  to the customer.   But once it happened oh boy.   Affecting the CEO's pocket book directly is the best way that these security holes get addressed."}
{"_id": "192464", "title": "", "text": "\"I'd suggest that Bitcoin is not \"\"just\"\" anything. If wealthy Chinese have found it useful, good for them. If enterprising Venezuelan manage to afford basic necessities with it, that's great too.    Both of those are just use cases in the end. There have been others, and there will be more.   It remains to be seen just how draconian capital controls need to be to really prevent Bitcoin from being used in those environments. But if anybody can do draconian, it's probably China, so this will be a great experiment of sort, if they still have the stomach for that kind of thing.  If you're arguing that the market value of bitcoin is only rising because of one use case, I invite you to [look at this historical bitcoin price chart](https://bitcoincharts.com/charts/bitstampUSD#rg2920ztgSzm1g10zm2g25zvzl), spot the period of activity for your given use case, and estimate how the price action was influenced over that period by this use case. Then contrast it with the part of the graph outside of your chosen period, and make sure your idea adequately explains both parts.\""}
{"_id": "192478", "title": "", "text": "You and your daughter need to consult a lawyer.  Generally, the court decides how the family debts get split in a divorce, and it sounds like the court decided that this student debt belongs solely to your daughter and not her husband.  Whether that was the correct decision or not depends on lots of details, but of course, your daughter didn't help herself at all by getting a cheap divorce and not having her own attorney.  At this point, you and your daughter should consult a good attorney, show him or her the divorce decree and the loan paperwork, and he or she should be able to tell you if anything can be done.  As far as your own personal exposure to the debt as the cosigner, that depends on the paperwork you signed and is another question for the attorney."}
{"_id": "192491", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-08/americans-are-dying-younger-saving-corporations-billions) reduced by 91%. (I'm a bot) ***** &gt; Over the last two years, at least 12 large companies, from Verizon to General Motors, have said recent slips in mortality improvement have led them to reduce their estimates for how much they could owe retirees by upward of a combined $9.7 billion, according to a Bloomberg analysis of company filings.  &gt; Mortality trends are only a small piece of the calculation companies make when estimating what they&amp;#039;ll owe retirees, and indeed, other factors actually led Lockheed&amp;#039;s pension obligations to rise last year.  &gt; If mortality improved by 1 percent a year for most of the past 70 years, might the U.S. revert to that soon? Or, Keener asks, &amp;quot;Is this really a new reality that we&amp;#039;re living in?&amp;quot;.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6sgmov/americans_are_dying_younger_saving_corporations/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~186416 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **mortality**^#1 **year**^#2 **pension**^#3 **actuary**^#4 **death**^#5\""}
{"_id": "192495", "title": "", "text": "\"Yes, and the math that tells you when is called the Kelly Criterion. The Kelly Criterion is on its face about how much you should bet on a positive-sum game. Imagine you have a game where you flip a coin, and if heads you are given 3 times your bet, and if tails you lose your bet.  Naively you'd think \"\"great, I should play, and bet every dollar I have!\"\" -- after all, it has a 50% average return on investment.  You get back on average 1.5$ for every dollar you bet, so every dollar you don't bet is a 0.5$ loss. But if you do this and you play every day for 10 years, you'll almost always end up bankrupt.  Funny that. On the other hand, if you bet nothing, you are losing out on a great investment.  So under certain assumptions, you neither want to bet everything, nor do you want to bet nothing (assuming you can repeat the bet almost indefinitely). The question then becomes, what percentage of your bankroll should you bet? Kelly Criterion answers this question.  The typical Kelly Criterion case is where we are making a bet with positive returns, not an insurance against loss; but with a bit of mathematical trickery, we can use it to determine how much you should spend on insuring against loss. An \"\"easy\"\" way to undertand the Kelly Criterion is that you want to maximize the logarithm of your worth in a given period.  Such a maximization results in the largest long-term value in some sense. Let us give it a try in an insurance case. Suppose you have a 1 million dollar asset.  It has a 1% chance per year of being destroyed by some random event (flood, fire, taxes, pitchforks). You can buy insurance against this for 2% of its value per year.  It even covers pitchforks. On its face this looks like a bad deal.  Your expected loss is only 1%, but the cost to hide the loss is 2%? If this is your only asset, then the loss makes your net worth 0.  The log of zero is negative infinity.  Under Kelly, any insurance (no matter how inefficient) is worth it.  This is a bit of an extreme case, and we'll cover why it doesn't apply even when it seems like it does elsewhere. Now suppose you have 1 million dollars in other assets.  In the insured case, we always end the year with 1.98 million dollars, regardless of if the disaster happens.  In the non-insured case, 99% of the time we have 2 million dollars, and 1% of the time we have 1 million dollars. We want to maximize the expected log value of our worth.  We have log(2 million - 20,000) (the insured case) vs 1% * log(1 million) + 99% * log(2 million). Or 13.7953 vs 14.49.  The Kelly Criterion says insurance is worth it; note that you could \"\"afford\"\" to replace your home, but because it makes up so much of your net worth, Kelly says the \"\"hit it too painful\"\" and you should just pay for insurance. Now suppose you are worth 1 billion.  We have log(1 billion - 20k) on the insured side, and 1%*log(999 million) + 99% * log(1 billion) on the uninsured side. The logs of each side are 21.42 vs 20.72.  (Note that the base of the logarithm doesn't matter; so long as you use the same base on each side). According to Kelly, we have found a case where insurance isn't worth it. The Kelly Criterion roughly tells you \"\"if I took this bet every (period of time), would I be on average richer after (many repeats of this bet) than if I didn't take this bet?\"\"  When the answer is \"\"no\"\", it implies self-insurance is more efficient than using external insurance.  The answer is going to be sensitive to the profit margin of the insurance product you are buying, and the size of the asset relative to your total wealth. Now, the Kelly Criterion can easily be misapplied.  Being worth financially zero in current assets can easily ignore non-financial assets (like your ability to work, or friends, or whatever).  And it presumes repeat to infinity, and people tend not to live that long. But it is a good starting spot. Note that the option of bankruptcy can easily make insurance not \"\"worth it\"\" for people far poorer; this is one of the reasons why banks insist you have insurance on your proprety. You can use Kelly to calculate how much insurance you should purchase at a given profit margin for the insurance company given your net worth and the risk involved.  This can be used in Finance to work out how much you should hedge your bets in an investment as well; in effect, it quantifies how having money makes it easier to make money.\""}
{"_id": "192496", "title": "", "text": "https://www.gatesnotes.com/About-Bill-Gates/Concrete-in-China  Gates cites a book which cites the official Chinese stats agency, which has been known to fudge a few numbers.  That said, a ridiculous amount of construction has happened there lately and swings in iron ore, cement, and copper prices have been kinda sorta correlated with that."}
{"_id": "192515", "title": "", "text": "Enterprise Value is supposed to be the price you would be willing to pay to acquire the company. Typically, companies are delivered debt-free and cash-free, so the cash on the balance sheet at the time of the transaction is distributed to the original owners. So, for instance, a company like Apple would have a lower EV than Market Value because the cash on the balance sheet is not going to be included in an acquisition.  And you are right, there are plenty of instances where you see Enterprise Value lower than Market Value (Cap).   If you are solely looking at equity valuation (equity investing), then use market cap. If you are looking at firm valuation for M&amp;A, then EV is more important."}
{"_id": "192516", "title": "", "text": "\"I am going to keep things very simple and explain the common-sense reason why the accountant is right: Also, my sister in law owns a small restaurant, where they claim their accountant informed them of the same thing, where a portion of their business purchases had to be counted as taxable personal income. In this case, they said their actual income for the year (through their paychecks) was around 40-50K, but because of this detail, their taxable income came out to be around 180K, causing them to owe a huge amount of tax (30K ish). Consider them and a similarly situated couple that didn't make these purchases. Your sister in law is better off in that she has the benefit of these purchases (increasing the value of her business and her expected future income), but she's worse off because she got less pay. Presumably, she thought this was a fair trade, otherwise she wouldn't have made those purchases. So why should she pay any less in taxes? There's no reason making fair trades should reduce anyone's tax burden. Now, as the items she purchased lose value, that will be a business loss called \"\"depreciation\"\". That will be deductible. But the purchases themselves are not, and the income that generated the money to make those purchases is taxable. Generally speaking, business gains are taxable, regardless of what you do with the money (whether you pay yourself, invest it, leave it in the business, or whatever). Generally speaking, only business losses or expenses are deductible. A purchase is an even exchange of income for valuable property -- even exchanges are not deductions because the gain of the thing purchased already fairly compensates you for the cost. You don't specify the exact tax status of the business, but there are really only two types of possibilities. It can be separately taxed as a corporation or it can be treated essentially as if it didn't exist. In the former case, corporate income tax would be due on the revenue that was used to pay for the purchases. There would be no personal income tax due. But it's very unlikely this situation applies as it means all profits taken out of the business are taxed twice and so small businesses are rarely organized this way. In the latter case, which is almost certainly the one that applies, business income is treated as self-employment income. In this case, the income that paid for the purchases is taxable, self-employment income. Since a purchase is not a deductible expense, there is no deduction to offset this income. So, again, the key points are: How much she paid herself doesn't matter. Business income is taxable regardless of what you do with it. When a business pays an expense, it has a loss that is deductible against profits. But when a business makes a purchase, it has neither a gain nor a loss. If a restaurant buys a new stove, it trades some money for a stove, presumably a fair trade. It has had no profit and no loss, so this transaction has no immediate effect on the taxes. (There are some exceptions, but presumably the accountant determined that those don't apply.) When the property of a business loses value, that is usually a deductible loss. So over time, a newly-purchased stove will lose value. That is a loss that is deductible. The important thing to understand is that as far as the IRS is concerned, whether you pay yourself the money or not doesn't matter, business income is taxable and only business losses or expenses are deductible. Investments or purchases of capital assets are neither losses nor expenses. There are ways you can opt to have the business taxed separately so only what you pay yourself shows up on your personal taxes. But unless the business is losing money or needs to hold large profits against future expenses, this is generally a worse deal because money you take out of the business is taxed twice -- once as business income and again as personal income. Update: Does the business eventually, over the course of the depreciation schedule, end up getting all of the original $2,000 tax burden back? Possibly. Ultimately, the entire cost of the item is deductible. That won't necessarily translate into getting the taxes back. But that's really not the right way to think about it. The tax burden was on the income earned. Upon immediate replacement, hypothetically with the exact same model, same cost, same 'value', isn't it correct that the \"\"value\"\" of the business only went up by the amount the original item had depreciated? Yes. If you dispose of or sell a capital asset, you will have a gain or loss based on the difference between your remaining basis in the asset and whatever you got for the asset. Wouldn't the tax burden then only be $400? Approximately, yes. The disposal of the original asset would cause a loss of the difference between your remaining basis in the asset and what you got for it (which might be zero). The new asset would then begin depreciating. You are making things a bit more difficult to understand though by focusing on the amount of taxes due rather than the amount of taxable gain or loss you have. They don't always correlate directly (because tax rates can vary).\""}
{"_id": "192517", "title": "", "text": "\"&gt;&gt; So with all those \"\"maybe\"\"(s), and since Trump did not Act on the subject, for God sake, why is that the FIRST thing you could say against Trump?  &gt; You interjected those \"\"maybe\"\"(s), not me. My issue on this topic has always been, and still is, that President Trump said...  You are in an endless loops of \"\"maybe\"\"(s) and \"\"he said this and that\"\". No actions that you oppose, am I right?  &gt;&gt;&gt;Global warming is a serious risk to this country.  &gt;&gt;Absolutely not!  &gt; I have long studied arguments on both sides. The science is solid and the result in unequivocal. You are wrong... I can prove this is real  Trust me, I studied this too. It's nice to have the same weather and no changes, but it never was like this on Earth.  I am VERY concerned about emissions and pollution and recycling.   But the paranoia and \"\"end of the world\"\" folks do not impress me. With science we will be able to control the weather on earth easily. Easily!!!!  Do you know that [1 billion trees were planted in Pakistan](https://www.voanews.com/a/one-billion-trees-planted-in-pakistan-nw-province/3983609.html) recently?  &gt;&gt; So, please, tell me one substantial reason why you are against Trump?  &gt; I have given you two and you have rejected them both.   You don't get it!  Look, I have more than 2 things I can say against Trump, of action he did. And yet I support him.  You can't come with one ACTION by Trump you oppose, and you are still against him.  &gt;&gt; ...do you really think that if Hillary was in charge it would be better?  &gt; I'm not touching that one.   Because you voted for her, and would vote for her today despite the long list of terrible things she and the DNC did.  Tribalism?  Remember, I voted for Obama twice, for Al Gore (idiot) and Kerry (bigger idiot), never for Republican until the last elections.\""}
{"_id": "192529", "title": "", "text": "A stock buy back reduces the number of stocks available on the open market.  Since stocks are literally a share in ownership a buy back of the stock then when the company repurchases it has the effect of increasing the percent of ownership of the company of each stock. Zynga has a Market Cap of ~1810M so a 200M buy back will increase the ownership value of each stock by ~12%.  This has had the effect of an immediate stock price bump of around 12% which is to be expected as the value becomes the expected post buyback value. However long term gains will require Zynga to turn around their business.  This bump will only be sustainable if they can.  If their business continues to decline then its stock price will continue to slide.  There are some who would rather see Zynga invest that 200m in getting a new product to market to bring revenues up rather than spending precious capital on a plan to temporarily bump a stock that is headed towards the floor.  If on the other hand the revenue is poised to recover and the company has the excess capitol buying back stock low is a great way to get the most back for your shareholders bucks. Can they repurchase at any price and any time? They can write a buy order for any price at any time in the future, though they have some restrictions from the SEC mostly involving disclosures.  But it is up to the sellers to choose to sell at that price.  If they execute the buy back at a rate comparable to market rate then they are more likely to get takers than if they attempt to buy it back at a significant reduction from market price.  So since today(10-25-2012) the it is selling for ~2.30  A buy order for 2.30 is going to get more action than one at 2.00.  Investors will often look at the companies buy back offer for a company in decline(like Zynga has been) as the true value of the company.  If so then a lowball buyback offer could add downward pressure on the stock price."}
{"_id": "192540", "title": "", "text": "\"My suggestion would be to do the math. That is the best advice you can get when considering any investment.  There are other factors you haven't considered, too... like the fact that interest rates are at extremely low levels right now, so borrowing money is relatively cheap. If you're outside the US though, that may be less of a consideration as the mortgage lending institutions in Europe only tend to give 5-year locks on loan rates without requiring a premium. You may be somewhere else in the world.  You will probably struggle to do the actual math about the probability of the market going down or up, but what you can do is this:  Figure out what it would cost you to cash out the investments. You say your balance is $53,000 in various items. (Congrats! That's a nice chunk of money.) But with commissions and taxes and etc., it may reduce the value of your investments by 10% - 25% when you try to cash out those investments. Paying $3,000 to get that money out of the investments is one thing... but if you're sending $10,000 to the tax man when you sell this all off, that changes the economics of your investments a LOT. In that case you might be better off seeing what happens if the markets correct by 10%... you'd still have more than if you sold out and paid major taxes. Once you know your down payment, calculate the amount of property you could afford. You know your down payment could be somewhere around $50,000 after taxes and other items... At an 80:20 loan-to-value ratio that's about $250,000 of a property that you can qualify for, assuming you could obtain the loan for $200,000.  What could you buy for that? Do some shopping and figure out what your options are...  Once you have two or three potential properties, figure out the answer to \"\"What would the property give you?\"\" Is it going to be rented out? Are you going to live there? Both?  If you're living in it, then you come out ahead if the costs for the mortgage debt and the ongoing maintenance and repairs are less than what you currently pay in rent. Figure out what you pay right now to put a roof over your head. Will the place you could buy need repairs? Will you pay more on a mortgage for $200,000 USD (in your local currency) than what you currently do for housing? Don't even factor in the possible appreciation of a house you inhabit when you're making this kind of investment decision... it could just as easily burn down as go up in value.  If you would rent it, what kind of rental would that be? Long-term rental? Expect to pay for other people to break your stuff. Short-term rental? You can collect more money per tenant per day, but you'll end up with higher vacancy rates. And people still break your stuff. But do the math and see if you could collect enough in rent from a tenant (person or business or whatever the properties are you could buy) to cover the amount you are paying in debt, plus what you would pay in taxes (rent is income), plus what you would need for maintenance, plus insurance.  IF the numbers make sense, then real estate can be a phenomenally lucrative investment. I own some investment properties myself. It is a great hedge against inflation (you can raise rents when contracts lapse... usually) and it is an excellent way to own a tangible item. But if you don't know the numbers and exactly how it would make you better off than sitting and hoping that the markets go up, because they generally do over time, then don't take the jump.\""}
{"_id": "192541", "title": "", "text": "What I do not get is why does the author choose to buy an ITM put. If   the goal was to not lose more than 5.6%, he could have chosen a out of   money put where the strike is ~6% OTM. The reason why he is buying a ITM put instead of a put 5-6% below the ATM price, is because he wants to only lose 5-6% after all fee's.  A put at 5-6% below ATM is not free, so it will not actually provide a 6% cushion, more likely 10%-15% maximum loss after it's cost is accounted for. You cannot rely on the strike alone to determine the level of protection you are buying.  Real world example.  SPY DEC 2017 195 strike put, costs $2150, it's about 6% OTM, but it costs roughly 10% of SPY $207, at best it would protect 85% of your net worth.   Strike - Costs = Protection  Did he choose an ITM put because he does not want to pay any time   premium? Does he not lose in wide bid-ask spreads what he gains by not   paying time premium? Nope, you were just misunderstanding how he calculated his protection. He wanted to protect 5-6% after the cost of the hedge. He 'needed' to select an ITM put because time premiums are so high that an OTM put wouldn't suffice."}
{"_id": "192576", "title": "", "text": "Adriana Fine Jewelry conveys the most recent neckband styles in gold, with the goal that you have the alternative to pick which sort of material you might want to wear. Adriana Fine Jewelry has been endeavoring to pick up the reliability and personalized gold necklace for their clients. Adriana Fine Jewelry has dependably pledged to remain fully informed regarding just the most sweltering adornments patterns and keeps on doing as such right up 'till today. Our client benefit group is prepared and willing to enable clients to pick a style that suits them and help all through the requesting procedure and with existing requests. Purchasing adornments online ought to be a fun and positive experience. Adriana Fine Jewelry needs their clients to feel sure and finish when they slip on their new adornments."}
{"_id": "192585", "title": "", "text": "\"By \"\"basic public pension\"\" I assume you mean Social Security, which is pretty much the only quasi-universal pension-like thing in the USA.  If she has any other sort of pension (e.g., from a job) you'd need to get more specific info about that. As for Social Security, as described here: While you are working, your earnings will reduce your benefit amount only until you reach your full retirement age. According to the calculator on that site, if she is 65 now, her full retirement age would be 66, so if she retires after that age her SS benefit won't be reduced due to extra income. As described here, if she has considerable income apart from SS, she may have to pay taxes on her SS income.  This would not reduce her income, but means the benefit of her extra blog income would be reduced.  This page describes how to calculate your \"\"provisional income\"\" to determine whether SS benefits will be taxed.  According to that page: If your provisional income is less than $25,000 for single or head-of-household returns, or $32,000 for joint returns, then your Social Security benefits will not be taxed. Based on the numbers you gave, this suggests she would not incur an SS tax.  However, she should probably take a look at the Social Security retirement estimator and other tools on that site, if she hasn't already done so, to get a sense of what sort of income SS will be providing her. I'd suggest that she talk to a retirement planner and/or CPA to get a handle on what her finances would be like.  At the least, she should find someone knowledgeable about Social Security policies and tax issues in the USA.  As you say, you are unfamiliar with the way these matters work in the USA, so your ability to help her make financial decisions is limited.\""}
{"_id": "192587", "title": "", "text": "\"A lot of these arguments seem to be, \"\"Well, it might be better, therefore it *will* be better.\"\"  While many of the concerns seem trivial, what bothers me is the unaddressed pressure to partake in the enhancements, despite the social net we deploy to help those who fall behind. You won't be able to join the military unless you are enhanced. You won't be hired as a labourer unless you are enhanced. Management positions will go to the enhanced. Physician positions will go to the enhanced. Engineering jobs will go to the enhanced. The list will just increase over time.   Now, you are mostly born into poverty, and getting out is a tough road. Soon, you will be able to choose poverty just by deciding to not getting enhanced. And what worries me about that is the unintended consequences of everyone getting enhanced. Will we all become super susceptible to the same disease? Might an enhancement actually turn into a time bomb? Right now genetic variability is what gives us long term viability. Will enhancements reduce both?  That said, being able to live younger, longer, and to take a pill that will give me the psychological bent to actually enjoy life are two things I would find difficult to turn down. As for love, the mistakes I've made would suddenly become inconsequential.\""}
{"_id": "192589", "title": "", "text": "\"Go ahead, switch banks (and checking accounts) as often as you like. It won't affect your credit score since any credit check will be a \"\"soft pull\"\" (unless you're establishing a credit card or loan -- or overdraft protection, then it could be a \"\"hard pull\"\" that could affect your credit score). Bad karma? Hardly. Unethical? Absolutely not. You don't owe them anything. Practically speaking, it'd be easier just to switch once to a bank that has a fee structure you can live with -- as long as they don't change the rules on you.\""}
{"_id": "192591", "title": "", "text": "\"I also spend countless hours of my own time studying. It's the only way to continue to move forward in the tech world. I have to disagree with you on this point:  \"\"Given the fact that tech is ever evolving, no one should ever be surprised to find out that there are long hours involved\"\"  That's is the complete opposite of what should happen. Evolving technology should make our lives easier. I see that in my current position which allows me to telecommute whenever I feel like it. Hell I could probably move across the country and maintain my current position. We're pretty much post startup mode at this point though.   My last position was for a fortune 100 shipping company. Was required to work 12 hour swing shifts. Required to be on 8 am meetings when I worked 6pm-6am. Why? Because \"\"fuck you\"\" that's why (this is the reasoning coming from my manager).  Also I find it crazy that so many people have an issue with the use of the word fuck. What are we children? The fucking point of the post is to slap you in the fucking face. I also find it much more entertaining to read then your standard business journal.  \"\"Sadly, her reputation with prospective employers might be influenced by her choice of words in the interest of \"\"fucking glory.\"\"\"\"  When you clear of half a million I don't think you are exactly on the job hunt. Even if she was someone would be stupid to not hire her the second she walked in the door on the track record of creating successful products.   Also I personally have had ups and downs trying to escape working for others. I made my employer over 75k last quarter alone. They don't pay me that much a year. From dec-feb of last year I made double my yearly salary online. I've also lost more than I care to mention investing in new ideas. I'm young and stupid. I didn't need to recklessly spend the money the way I did but somethings you learn the hardway. The point is that if you own the product/business you reap the rewards. That also means possible taking a hit for losses, but if you succeed it is going to be well worth it.  This idea isn't for everyone. Business/product creators need people who want to work hourly while they earn the big bucks. I'm starting to see that I need to build my own dreams not some investors.\""}
{"_id": "192594", "title": "", "text": "Reading Great Lakes' page How Payments Are Applied, I think you are probably correct about how the payments are applied: Interest first, minimum on each loan next, then any extra is applied to the highest interest loan.  If I were you, I would make one payment a month, and I would make that payment as large as I possibly could. Trying to make more than one payment in a month is too complicated (and you aren't sure exactly how those payments get credited), and saving up for a big payment every few months is pointless and will cost you interest."}
{"_id": "192596", "title": "", "text": "I was actually being helpful. Your marijuana and Quaalude induced screed is likely to be better received there than anywhere else. Of course, now that you've opened your mouth again and failed to push a coherent sentence out of it, you'd probably be best served by giving your mom back the computer and washing up for dinner like she asked you to."}
{"_id": "192598", "title": "", "text": "Nop&gt;So? That means he should be dirt poor? No. Maybe he's been there for 30 years and got raises. Janitors do way more than clean toilets. My ex has a great government job in science 4 years of school. She does the same repetitive task that you can watch a YouTube video and be an expert. Way easier than being a janitor. She deserves to live good, a janitor doesn't?   There are so many I'll thought out things in your post.   First off fucking get it through your head that middle is middle. That means that there will always be lower and upper, with the lower being worse off and the upper being better off.  Maybe what you want is a higher standard of living across the board, starting with the lower class. Actually I agree esp starting with healthcare. However, higher standard of living won't make the lower class equal to the middle class.  I am sorry your ex's job can be outsourced to a robot and there is no need to be outraged this will happen soon. If not then it actually requires a skill or a thought that she trained for and your argument is invalid.  I am not sure why you think longevity at a skill-less job should be rewarded. Or should we fire all the old janitors and higher young ones so we pay for the job performed and not some longevity bulshit?  I am not sure WTF you think someone who spent time acquiring knowledge and a skill necessary for their job should be paid the same as one who didn't learn anything and works a job that doesn't require any skills. Even communism wasn't that delusional...  Finally the janitor does deserve to live comfortably, your ex possibly deserves to live well and you need to improve your English."}
{"_id": "192600", "title": "", "text": "Stock A last traded at $100. Stock A has 1 million shares outstanding. No seller is willing to sell Stock A for less than $110 a share. One buyer is willing to buy 1 share for $110. The order executes. The buyer pays the seller $110. Stock A's new price is $110. An $110 investment increased the market cap by $10 million. Neat trick (for all who own Stock A)."}
{"_id": "192602", "title": "", "text": "Paying the minimum balance on a loan can be DEVASTATING and is highly UN-RECOMMENDED. It is important you understand your loan and the terms associated with it. Loans are given for a period of time but if you pay the minimum it does NOT mean you will pay it all off by the end. When paying a loan money is applied to the interest first and any extra amount is then applied to the principle. Here's an example: If I have a $12 loan for 1 year. The interest is 100%. My minimum payment each month is $1. If I pay that minimum only I will be stuck paying $12 at the end of the loan. Why you ask? because each month I'm being charged $1 interest and the payment I am making is only going towards that interest. However if I paid $2 instead now $1 goes to the principal (the original $12 I borrowed). This means that next month I will only be charged interest on $11 dollars instead of $12. You need to know how much is going towards the interest of your loan and how much is going towards the principle you can speak with your bank about this and they will help you understand. In many cases they actually provide you with the numbers on your statment with examples of how long it would take to payoff your loan with minimum only and how long it would take if you added an extra x amount each month. I recommend using the Snowball Method to pay of your debt. It's simple and effective. How much you should add to each monthly payment depends on how much you can afford to add. Here are some calculators you can play around with: CNN Money Bank Rate Calc Edit: So with the additional information you provided we can estimate that you have about 2200 free cash flow each month(that's your cash after you pay all your bills). We can put away 500 each month for a rainy day fund, just to be safe.(job loss, accidents, or anything we can't predict) So assuming that is all your expenses including the money you spend on entertainment. That leaves you with $1700 you can add on to your loan payments. So you can pay off your third loan in 1 month. Then add the remaining balance to the 2nd loan. With this income it should take you less then a year to pay off all your loans."}
{"_id": "192612", "title": "", "text": "Not for the amount in the accounts but for the interest you earn per year is taxable. But the sum of your all taxable incomes is under the limit, then you dont need to pay any income tax. The limit is available at wiki here But you should intimate your bank not to deduct TDS (Tax Deducted at Source) by submitting Form 15G/15H (which will be normally available in Bank itself), provided your total interest income for the year will not fall within overall taxable limits. You may calculate your income tax amount at Official website at here"}
{"_id": "192614", "title": "", "text": "\"My hard work in school gave me the qualifications. My hard work networking got me the internship. My hard work networking after my internship got me the job. My classmates who didn't have as much \"\"luck\"\" basically finished school, sent out resumes and then called it a day and moved home to mommy. My professors, supervisors and coworkers who wrote me 15-25 letters of recommendation did so because I absolutely blew them away by pulling a 3.89 GPA with a triple full time class load and four part-time jobs.    Yeah, I was real lucky.\""}
{"_id": "192627", "title": "", "text": "You can't roll it over to a Roth IRA without tax penalties.   The best thing to do is roll it to an IRA that isn't tied to work at all.  Second best is to roll it into your new employer's 401k.  The reason that an IRA makes sense is that it gives you the same tax savings as a 401k, but it allows you to remain in control of the money regardless of your employment status."}
{"_id": "192639", "title": "", "text": "\"Would be fantastic news if they also didn't provide the service that cord cutters were fleeing to.     Instead we'll see new attempts to suck dry internet only consumers to make up for \"\"lost\"\" revenue on their dying television monoply.\""}
{"_id": "192641", "title": "", "text": "It may or may not be a good idea to borrow money from your family; there are many factors to consider here, not the least of which is what you would do if you got in serious financial trouble and couldn't make your scheduled payments on the loan. Would you arrange with them to sell the property ASAP? Or could they easily manage for a few months without your scheduled payments if it were necessary? A good rule of thumb that some people follow when lending to family is this: don't do it unless you're 100% OK with the possibility that they might not pay you back at all. That said, your question was about credit scores specifically. Having a mortgage and making on-time payments would factor into your score, but not significantly more heavily than having revolving credit (eg a credit card) and making on time payments, or having a car loan or installment loan and making on time payments. I bought my house in 2011, and after years of paying the mortgage on time my credit score hasn't changed at all. MyFico has a breakdown of factors affecting your credit score here: http://www.myfico.com/crediteducation/whatsinyourscore.aspx. The most significant are a history of on-time payments, low revolving credit utilization (carrying a $4900 balance on a card with a $5000 limit is bad, carrying a $10 balance on the same card is good), and overall length of your credit history. As to credit mix, they have this to say: Types of credit in use Credit mix determines 10% of my FICO Score The FICO\u00ae Score will consider your mix of credit cards, retail accounts, installment loans, finance company accounts and mortgage loans. It's not necessary to have one of each, and it's not a good idea to open credit accounts you don\u2019t intend to use. The credit mix usually won\u2019t be a key factor in determining your FICO Score\u2014but it will be more important if your credit report does not have a lot of other information on which to base a score. Have credit cards \u2013 but manage them responsibly Having credit cards and installment loans with a good payment history will raise your FICO Score. People with no credit cards tend to be viewed as a higher risk than people who have managed credit cards responsibly."}
{"_id": "192647", "title": "", "text": "On most of the consumer electronics it would not make much sense to get Insurance. Mostly these are not priced right [are typically priced higher]. IE there is no study to arrive at equivalent claim rates as in motor vehicle. Further on most of the items there is adequate manufacturing warranty to take care of initial defects. And on most it would make sense to buy a newer model as in todays world consumer electronics are not only getting cheaper by the day, but are also have more function & features."}
{"_id": "192652", "title": "", "text": "If you spent your whole life earning the same portfolio that amounts $20,000, the variance and volatility of watching your life savings drop to $10,000 overnight has a greater consequence than for someone who is young. This is why riskier portfolios aren't advised for older people closer to or within retirement age, the obvious complementary group being younger people who could lose more with lesser permanent consequence. Your high risk investment choices have nothing to do with your ability to manage other people's money, unless you fail to make a noteworthy investment return, then your high risk approach will be the death knell to your fund managing aspirations."}
{"_id": "192665", "title": "", "text": "Public sector and private industry retirement plans, taxation and estate planning would be the most substantial differences between the two countries. The concepts for accumulating wealth are the same, and if you are doing anything particularly lucrative with an above average amount of risk, the aforementioned differences are not very relevant, for a twenty something."}
{"_id": "192669", "title": "", "text": "That's what I would do; 1.2 million dollars is a lot of money, but it doesn't make you retired for the rest of your life: There is a big crisis coming soon (my personal prediction) in the next 10-15 years, and when this happens: government will hold your money if you leave them in the bank (allowing you to use just part of it; you will have to prove the reason you need it), government will pass bills to make it very hard to close your investment positions, and government will pass new laws to create new taxes for people with a lot of money (you). To have SOME level of security I would separate my investment in the following: 20% I would buy gold certificates and the real thing (I would put the gold in a safe(s)). 20% I would put in bitcoin (you would have to really study this if you are new to crypto currency in order to be safe). 40% I would invest in regular finance products (bonds, stocks and options, FX). 20% I would keep in the bank for life expenses, specially if you don't want work for money any more. 20% I would invest in startup companies exchanging high risk hoping for a great return. Those percentages might change a little depending how good/confident you become after investing, knowing about business, etc..."}
{"_id": "192675", "title": "", "text": "&gt; foreign company  I mean, I agree with the rest of the post but this dude is from the US and works in NY. The equity research division has nothing to do with foreign entities, especially when the foreign country of origin is Germany......Being a foreign company really doesnt have anything to do with this."}
{"_id": "192680", "title": "", "text": "You can be a millionaire and either not own a home (e.g. rent) or have a home whose value has declined to less than the original purchase price.  Bankruptcy is for people unable to pay their debts. There is a difference between being unable to pay ones debts and unemployed. Unemployment benefits exist simply to help those out of work. Additionally, hiring a lawyer and filing for bankruptcy is neither free nor cheap."}
{"_id": "192686", "title": "", "text": "Essentially, yes, Peter Lynch is talking about the PEG Ratio. The Price/Earnings to Growth (PEG) Ratio is where you take the p/e ratio and then divide that by the growth rate (which should include any dividends).  A lower number indicates that the stock is undervalued, and could be a good buy. Lynch's metric is the inverse of that: Growth rate divided by the p/e ratio.  It is the same idea, but in this case, a higher number indicates a good value for buying. In either case, the idea behind this ratio is that a fairly priced stock will have the p/e ratio equal the growth rate.  When your growth rate is larger than your p/e ratio, you are theoretically looking at an undervalued stock."}
{"_id": "192696", "title": "", "text": "I think there is a huge difference to what Google does with intangible assets as compared to a company such as Facebook. Facebook floated and as people thought it was highly overvalued the share price plummeted. Google on the other hand has many years of relatively stable growth and share price in a market that is generally pretty well informed.  So I disagree."}
{"_id": "192698", "title": "", "text": "LOL!!!! Is Intel (and Disney, etc) planning or already replacing American workers with H1B Visa foreigners? Yes or no?  Is Trump already started and planned to stop the H1B Visa program to Make America Great? Yes or no?  So who's the Nazi and/or/both enemy of the USA? Trump and me, or, Intel and you (defending Intel)?"}
{"_id": "192700", "title": "", "text": "Executives from big banks will now try and convince creditors and large customers that Moody\u2019s has overreacted.  Let's not right our ship for long-term stability for shareholders and cut back on the record-high bonuses, let's just spin this.  Yeah, that's the ticket."}
{"_id": "192721", "title": "", "text": "It's an artifact of risk-neutral pricing, but the intuition is this:  A call option can be viewed as a levered equity position - meaning, you can get the same exposure by borrowing money and buying the stock.    Say you can buy some call options for $150 with a position delta of 1 (so it looks just like the stock).  You could also buy the stock outright for $1000 (by borrowing $850 at the risk-free rate and using your $150 cash).  If the risk-free rate rises, your cost of carry on the stock position increases.  In the case of the call option, the change in price can be viewed as the cost of *leverage* increasing."}
{"_id": "192726", "title": "", "text": "\"Basically, yes. Don't use your business account for personal spending because it may invalidate your limited liability protection. Transfer a chunk of money to your personal account, write it down in your books as \"\"distribution\"\" (or something similar), and use it in whatever way you want from your personal account. The IRS doesn't care per se, but mixing personal and business expenses will cause troubles if you're audited because you'll have problems distinguishing one from another. You should be using some accounting software to make sure you track your expenses and distributions correctly. It will make it easier for you to prepare reports for yourself and your tax preparer, and also track distributions and expenses. I suggest GnuCash, I find it highly effective for a small business with not so many transactions (if you have a lot of transactions, then maybe QuickBooks would be more appropriate).\""}
{"_id": "192738", "title": "", "text": "When you are investing for 40 years, you will have taxable events before retirement.  You'll need to pay tax along the way, which will eat away at your gains. For example, in your taxable account, any dividends and capital gain distributions will need taxes paid each year.  In your 401(k) or IRA, these are not taxable until retirement. In addition, what happens if you want to change investments before retirement?  In your taxable account, taxes on the capital gains will be due at that time, but in a retirement account, you can change investments anytime you like without having to pay taxes early. Finally, when you do pull money out of your 401(k) at retirement, it will be taxed at whatever your tax rate is at retirement.  After you retire, your income will probably be lower than when you were working, so your tax rate might be less."}
{"_id": "192769", "title": "", "text": "The problem with this is that it really only works in a small firm where everyone knows everyone else. Once it gets bigger and all the managers don't know all the workers it becomes a matter of who can BS the skill level of their favorites better in the yearly review. Then the resentment isn't about normally unknown salaries, it's about whether other employee's levels are legitimate.  Don't get me wrong, opening up the conversation and trying to make it more objective is good, but this isn't some sort of common sense, one size fits all panacea."}
{"_id": "192776", "title": "", "text": "&gt;Any opportunity has risk and the ratio of success to fail is pretty similar for normal businesses.  No, not according to Jon M. Taylor, MBA, Ph.D, of the Federal Trade Commission.  I suggest you actually read the article.  Perhaps scam isn't the correct word.  But if over 99% of participants are losing money, this certainly can't be marketed as a business opportunity.  This is a clear example of making money off of slick marketing and naive people.  No different than pyramid schemes."}
{"_id": "192781", "title": "", "text": "\"Out of Pocket actually means any small expense which is paid for at the time, by the person who gets the product or service, and usually implies a payment to cover it at a later date.  i.e. \"\"I am claiming all my out of pocket expenses this month.  It most certainly does NOT mean \"\"unavailable\"\". At least not to any human I have had contact with in the last 20 years.\""}
{"_id": "192788", "title": "", "text": "Not all Bachelor's are the same, DeVry is different in quality than Havard or even a decent state school.  And it's not 1/3rd of the population, it is 1/3rd of just adults in the workforce.  If High School is worthless and a substantial portion of Bachelor's are worthless, then those that have quality ones have an edge in employment.  Having a bachelors already puts you at an edge over 2/3rds of the work force in looking for a job, even if the degree isn't as meaningful as it was in the 1960s or 30s.  A more relevant question is how employers value a BA or even Associates Degree, as only about 42% of the workforce even has the minimum of an Associates.    Ironically, even though the 25-29 groups has 64% with some college education, only 44% have and Associates, only 34% have a BA, 2% more than the 25 and over age bracket.  Best educated generation is barely better educated than the average adult of all age cohorts."}
{"_id": "192795", "title": "", "text": "\"Yeah and Nutella is supposably healthy according to their mission statement , get over yourself dude or get off that grod you're sitting on and go find something better to research. If you have ever been to seaworld you would realize it's not a very animal \"\"friendly\"\" place and I use that word lightly.  You can look up plenty of times where sea life there was depressed and or getting sick, a baby 3 month orca just died there recently too.\""}
{"_id": "192798", "title": "", "text": "I was definitely not speaking up for myself well. It was also a horribly run restaurant. It was a place in Boston's north end. I was trying to take my girlfriend to a nicer place. I still mention it now and then as a total shit show date and it has been like fifteen years."}
{"_id": "192811", "title": "", "text": "\"First, don't save anything in a tax sheltered vehicle. You will be paying so little tax that there will be essentially no benefit to making the contributions, and you'll pay tax when they come out. Tax free compounding for 40 years is terrific, but start that after you're earning more than a stipend. Second, most people recommend having a month's expenses readily available for emergencies. For you, that would be $1500. If you put $100 a month aside, it will take over a year to have your emergency fund. It's easy to argue that you should pick a higher pace, so as to have your emergency money in place sooner. However, the \"\"emergencies\"\" usually cited are things like home repair, car repair, needing to replace your car, and so on. Since you are renting your home and don't have a car, these emergencies aren't going to happen to you. Ask yourself, if your home was destroyed, and you had to replace all your clothes and possessions (including furniture), how much would you need? (Keep in mind any insurance you have.) The only emergency expense I can't guess about is health costs, because I live in Canada. I would be tempted to tell you to get a credit card with a $2000 limit and consider that your emergency fund, just because grad student living is so tight to the bone (been there, and 25 years ago I had $1200 a month, so it must be harder for you now.) If you do manage to save up $1500, and you've really been pinching to do that (walking instead of taking the bus, staying on campus hungry instead of popping out to buy food) let up on yourself when you hit the target. Delaying your graduation by a few months because you're not mentally sharp due to hunger or tiredness will be a far bigger economic hit than not having saved $200 a month for 2 or 3 years. The former is 3-6 months of your new salary, the latter 5-7K. You know what you're likely to earn when you graduate, right?\""}
{"_id": "192833", "title": "", "text": "Remember this when you rent. You may get 1,600 back - however, you have to provide insurance on the house still, 10% of that rent goes into a repair fund for things that break. You don't get compensated for months without a renter. You still pay property tax and income tax. If you have someone manage the house, you have to pay their fee (10%+ usually). Lots of variables when renting (I looked into doing the same thing)"}
{"_id": "192840", "title": "", "text": "yes, there is no doubt that people over bought, bought to flip and then got caught holding as the market corrected. Basic supply and demand. To be honest companies like Daniel Defense were constantly out of parts so for those not wanting to be gouged in the secondary market this will help."}
{"_id": "192843", "title": "", "text": "\"Reimbursements for business expenses are generally not taxable, but the commute from home to the job and back is not considered business travel and if they're paying for that it is taxable income. I don't think carpooling changes that, but I am not a tax lawyer or accountant. The rest of your questions seem to be company policy issues. There is no \"\"should\"\" here. You aren't required to pick up the other guys, but he isn't required to reimburse those miles (or employ you) so think carefully about your priorities before pushing back. Never invoke what thou canst not banish.\""}
{"_id": "192856", "title": "", "text": "I have found that between the Discover card and a Visa/Master Card a person has everything covered. In my case the Discover card had the best deal (cash back) and the Visa/Master Card took care of those times a vendor didn't take Discover. One big Box store (Costco) did trip us up, so we did end up getting an American Express card. But Costco is dropping that requirement in 2016. One advantage of only having a few cards is that the increase in your total credit line will be split among fewer cards. In your question the highest  max limit on one card is $2500, what will you do if you have to take a flight at the last minute and the Airline ticket is more than that? If you need a higher limit, ask for one of your existing cards to raise it; don't go out and get another card. If you see that one of the companies that you already have a card with has a better card, you can ask them to convert your account to that better card.  Yes higher total limit does help your utilization ratio portion of the score. But there is some opinion that they also look at the utilization ratio per card. So hitting one card to nearly the max can hurt your score. Three caveats about the number of cards:"}
{"_id": "192857", "title": "", "text": "Didn't see it mentioned so far, but depending on modified AGI you may be prevented from a tax deduction for your contribution to a Traditional IRA if you or your spouse are offered a retirement plan at work, even if you don't participate in it.  See the IRS page here for the details of deduction limitability: https://www.irs.gov/retirement-plans/2017-ira-deduction-limits-effect-of-modified-agi-on-deduction-if-you-are-covered-by-a-retirement-plan-at-work In my opinion, because I heavily favor all the benefits of the Roth, I'd contribute first to a Roth IRA and then to the Roth 401(k).   The former first because it puts the money in a place where you have more control over fees and how it is invested.   The latter because the contribution limits are much higher than the IRA, and the money grows tax-free and incurs no taxes on withdrawal."}
{"_id": "192883", "title": "", "text": "After completing 4 years of undergrad in accounting, I was planning to complete my CA. But I haven't been able to get a job with one of the big four here in Canada. Currently working in corporate sales.  I think having a CPA/CA/CMA/CGA whatever is quite beneficial in the finance industry. Of course it's not mandatory for the most part and CFA makes a lot more sense, but it gives you a better understanding of how numbers/ratios are actually created.   If anything it will give you a leg up from other people. It certainly won't hurt to have. Do you mind me asking which firm you're with?"}
{"_id": "192884", "title": "", "text": "I hate this shit. People have different wants and different jobs. People have specific jobs that are in certain locations. People have families and extenuating circumstances that keep them in places. Don't just flippantly call people fools for living where they do. You are the fool."}
{"_id": "192888", "title": "", "text": "Since you're not loaning the company the money, the correct category is Equity. It's not an income type account, rather it represents the balance of Assets - Liabilities = Owner's Equity So you'd put down \u00a3100 as the starting balance of Owner's Equity, and then a Cash Balance of \u00a3100 in a cash account."}
{"_id": "192894", "title": "", "text": "This isn't new. In the mid 80s rules were established by the IRS to differentiate life insurance from Modified Endowment Contracts, placing upper limits on how much money could be placed in life insurance accounts relative to the coverage provided and how quickly (fastest a policy can become paid-in-full is 7 years). None of this closes the fundamental loophole, but it exists for a reason, taxation of life insurance is probably unwise and would result in less people using life insurance as a risk mitigation technique, despite the fact that it's very appropriate for that in some situations.  The problem here is that once you get out of everyday-people numbers and into very large sums the vehicle can be clearly abused to avoid taxes on investment gains while living, and possibly avoid them altogether depending on how the estate is structured, and this is bad for the average person who'd like the megarich to pay their percent towards the public needs the same way the average guy does."}
{"_id": "192900", "title": "", "text": "This is the bird's eye view of how shorting works: When you place an order to sell a stock short, your broker attempts to grab the desired number of shares from any accounts of its other customers and makes them available for you to sell. If no other customers own shares of this stock, then generally you are out of luck (It is more complicated like that in practice, but this is just an overview).    Your odds are better if the particular stock has a large float (i.e. a large number of shares that are actually available for trading) and its short ratio is low (which means relatively few shares   are currently being sold short). Also, a large brokerage may be more likely to have access to the shares than a small niche-market broker.   The example you've given, Angie's List (ANGI) is a $600M small-cap with a comparatively low float, and though I haven't been able to glean the short ratio, it appears that a lot of investors are bearish on this stock and probably already had the same idea to short it.  There is really no way to find out if a specific broker has shares in inventory available for shorting, short of (forgive the pun) checking directly with the broker."}
{"_id": "192910", "title": "", "text": "This very informative link gives a clear and comprehensive comparison (pros and cons) of various popular brokers: https://www.nerdwallet.com/blog/investing/best-online-brokers-for-stock-trading/ (Best Online Brokers for Stock Trading 2016) There are indeed some significant cons for the super-low commission fee. Just for a quick example, the Interactive Broker requires a minimum of 10k account balance, as well as the frequent trading activity even on monthly basis (or the minimum $10 commission would be charged)."}
{"_id": "192912", "title": "", "text": "The motley fool is one of the best places.  Other good communities are Yahoo Finance, Seeking Alpha, and Investors Place. I also recently created a chat room connected to this site to discuss stocks/funds/etc. with other money.stackexchange users.  http://chat.stackexchange.com/rooms/263/investing"}
{"_id": "192913", "title": "", "text": "Sorry, but whether or not you drive in New York, the New York State Department of Motor Vehicles requires you to get a license in New York and surrender your California license. According to their website: If you become a   resident   of NYS, you must get a NYS driver   license within 30 days and surrender   your out-of-state driver license.   Normally, you cannot have a NYS driver   license and a driver license from   another state, but there are   exceptions. It is a violation of   Federal law to hold more than one   commercial driver license (CDL)."}
{"_id": "192918", "title": "", "text": "Feel free to shoot me a message anytime. Also good point to note that social networks excel at brand awareness, not necessarily sales. They can have a direct return on investment and often do but the value lies in more and more people seeing you thanks to your growing community.   Also, demographic info is huge. I use the PEW research all the time to see what network is right for which client based on how it lines up with their target market."}
{"_id": "192943", "title": "", "text": "\"But which one is actually \"\"cutting the cord\"\" here? Apple began talking about \"\"second sources\"\" for screens, flash and cpu production and such a year ago.  There have been reports of Android phone makers also looking at doing the same thing: why give money to your strongest competitor?\""}
{"_id": "192947", "title": "", "text": "I've had this experience in both Sydney and Melbourne with the taxi company apps. Also watched a taxi who accepted my job drive in the opposite direction for an embarrassingly long time, assuming he was finding a spot to turn around.   In Sydney you can book a taxi through Uber which is useful."}
{"_id": "192953", "title": "", "text": "Business degrees are good,  esp with International business.  There are lots of options and depending on what you want to do will shape this.  Also 5 weeks into college classes aren't a good indication about how the major will be.  The first 2 years are typically genEd stuff prepping you for your major.  So odds are you will hate the first 2 years of any degrees"}
{"_id": "192958", "title": "", "text": "\"Is it common in the US not to pay medical bills? Or do I misunderstood what had been said? I would feel comfortable saying that most people who face medical bills don't pay them.  They are unable.  If they were able, they would have gotten medical insurance.  In America, something like 55% of individuals do not have even $500 of savings, so when a big medical bill rolls in especially on top of lost work hours, they don't have a lot of options.  Hospitals charge reasonable prices to insurance companies and Medicare. These fees are negotiated in advance and reflect the hospital's actual costs.  This is called \"\"usual, reasonable and customary\"\".  Hospitals charge a wildly inflated, criminally outrageous \"\"cash price\"\" to the uninsured. For instance back when Medicare paid about $175 for an ambulance ride, a friend was billed $1100 for the exact same thing.   The hospital aims to scare the living daylights out of the patient (caring nothing about what that does to their health!) Perfect world, the patient pays them the $1100 instead of paying their rent.  If the patient puts up a fight, they hope to haggle them down to something like $400, remember it really costs $175. This tactic is a huge profit-center for hospitals, even the \"\"charity\"\" hospitals, and they feel justified because so many uninsured don't pay at all (the hospital considers them \"\"deadbeats\"\".) Well, patients don't pay because cash prices are unreachable, so they just give up. Anyway, your friends are correct, don't even think of paying those cash billing amounts. Research and find out what Medicare pays, offer 60% of that, and haggle it to 100%.  And sleep well knowing you paid what is fair. Not all services are as overpriced as my example, but most are at least 50% too high.  The hospital does send you all the bills as a formality, even while they submit them to your insurance company. And then the insurance company usually pays them, so it is correct to \"\"not pay that bill\"\". A lot of medical offices will check with your insurance company even before you leave the office, and ask you to immediately pay anything the insurance won't cover.  For instance they often have \"\"co-pays\"\" where you pay $20 and they pay the rest. To be clear: if your insurance company negotiates a rate with the hospital, say $185 for the ambulance ride, that is your price, which you are entitled to as a member of that insurance system. A lot of people get their livelihood from the inefficiency in medical insurance and billing.  Their political power is why it's so hard for America to install a simpler system (or even replace Obamacare in an ideal political environment).  It is also a big part of why America spends 18% of GDP on healthcare instead of 7-11% like our European peers who do not have to account for every gauze or rebill multiple insurers.  Sorting out \"\"who pays\"\" would be expensive even if everyone did pay.\""}
{"_id": "192963", "title": "", "text": "My father was a career Army Officer and earned his Master's in management; one of the many things he taught me was that if you want respect, focus on how you make the employee feel about themselves rather than how they feel about you.   From my own experience, you have to have faith in people, and demonstrate that by really truly giving them the power to make meaningful decisions. Ask more questions and listen more than you direct/give instruction. Chances are your employees know the problem better than you do."}
{"_id": "192981", "title": "", "text": "HVAC refrigerants need frequent servicing to get a prolonged lifespan. Thanks to VacOil HVAC pump oil, the equipment can easily get the durability it needs and function with complete efficiency without the slightest hitch.  Trust VacOil to prove to be the best for your HVAC device."}
{"_id": "192990", "title": "", "text": "Website:https://www.hosesfittings.com || Chinese Manufacturer Rubber Hose offeredcome designed and developed using latest technology support so as to provide for consistent performance and lasting usage. The areas these Chinese Manufacturer Rubber Hose find use in include petrochemical, chemical industries and others. Some of its features include high contamination retention capacity, flow direction from out to in to maximize stability, providing for excellent flow fatigue stability, allowing for longer equipment life, ensures less downtime &amp; high system efficiency, assuring for less energy loss, longer fluid life and lower operating costs. Material: Medium Carbon Steel Surface Treatment: Galvanized Sheet Cartification: ISO Steel: 20# Steel Pressure: High Working Pressure Drawings: OEM or Lt Drawings Technic: Improving Technic by Engnieer Trademark: YH Hydraulic or custom-made print logo Origin: China Mainland Standard: DIN, GB, JIS Connection: Forged Head Type: Hexagon Name: High Quality Hydraulic Pipe Fittings Logo: Laser Print Delivery Time: 30 Days Engnieer: Professional Engnieer to Improve Inspection: More Than Three Inspection Specification: all size available HS Code: 73079300"}
{"_id": "192991", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.investing.com/news/economy-news/tell-us-how-brexit-will-work-british-companies-demand-535380) reduced by 83%. (I'm a bot) ***** &gt; MANCHESTER, England - British companies including pharmaceuticals giant AstraZeneca urged the government on Monday to agree a three-year Brexit transitional deal to ease the uncertainty hampering investment decisions and the economy.  &gt; Britain&amp;#039;s biggest companies have become increasingly alarmed by the slow progress of Brexit negotiations and the prospect the country could crash out of the world&amp;#039;s biggest trading bloc without a deal in 2019.  &gt; The world&amp;#039;s fifth-biggest economy grew at its slowest pace since 2013 in the 12 months after the referendum and companies have warned they will struggle to invest until they have a clearer idea of how Britain will trade in the future.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73tfcw/tell_us_how_brexit_will_work_british_companies/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220636 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Britain**^#1 **Brexit**^#2 **deal**^#3 **transition**^#4 **years**^#5\""}
{"_id": "192998", "title": "", "text": "\"That's not how monkeysphere as a concept works.    It's a very specific concept related to the total size of our \"\"active\"\" social network, it has nothing to do with generalizing an entire business to it's CEO.    The monkeysphere holds that we have a maximum number of social connections we can maintain with any relevant level of intimacy and social cohesion.  It holds that unit cohesion breaks down when the organization exceeds that threshold, because members can no longer keep track of all other members as individuals.    It's an excellent HR management theory, and one that's well backed, but has absolutely nothing to do with the context you're using it in.\""}
{"_id": "193008", "title": "", "text": "Yawn.  There are literally hundreds of opinion piece titles and predictions like this every year.  If you go back and read a bunch from the past they usually match with a spike UP in the market.  Of course, there are those that predict doom and gloom all the time and, naturally, eventually they get one right."}
{"_id": "193012", "title": "", "text": "The 'standard' in such moving average crossover systems is 50/200. The numbers are essentially arbitrary as long as the long term average is greater than the short term and there is some different between the averages in terms of the smoothing they provide (i.e. comparing a 74 day MA to a 75 day MA isn't what the system is intended for) There are plenty of software programs that will let you run through many possible values for the system over historical data. I concur with the other answers in that this system/indicator alone isn't very good. However, I disagree with their blanket brushing off of technical analysis. There are many successful traders out there. The moving average cross over system is perhaps the second most primitive example of technical strategies categorized as trend following systems (buying new recent highs and selling new recent lows being the most simple). This particular system isn't very powerful because of its poor use of simple moving averages. A simple moving average is intended to smooth out data, but smoothing comes at the cost of lagging from the present. A simple moving average essentially gives you an idealized smoothing of price action for the day at that is one half of their period ago. So your 200 day simple moving average shows you an idealized smoothing of price action 100 days ago. A lot can happen in 100 days and that is why this system is far from ideal."}
{"_id": "193025", "title": "", "text": "Awesome ending.  You are forgiven for partying.    And the web start-up lifestyle comes with its own baggage.  Nothing like working long hours to implement some feature 1 customer hinted because any money is important money to crush that creative spirit."}
{"_id": "193050", "title": "", "text": "TIAA-Cref has their Social Choice Equity Fund, which is a Large Blend primarily equity fund that invests given the following consideration: The Fund primarily invests in companies that are screened by MSCI Inc. (\u201cMSCI\u201d) to favor companies that meet or exceed certain environmental, social and governance (\u201cESG\u201d) criteria. The Fund does this by investing in U.S. companies included in one or more MSCI ESG Indices that meet or exceed the screening criteria described below. Prior to being eligible for inclusion in the MSCI ESG Indices, companies are subject to an ESG performance evaluation conducted by MSCI, consisting of numerous factors. The ESG evaluation process favors companies that are: (i) strong stewards of the environment; (ii) devoted to serving local communities where they operate and to human rights and philanthropy; (iii) committed to higher labor standards for their own employees and those in the supply chain; (iv) dedicated to producing high-quality and safe products; and (v) managed in an exemplary and ethical manner. https://www.tiaa.org/public/offer/products/mutual-funds/responsible-investing"}
{"_id": "193053", "title": "", "text": "I was typing up a long response and lost it to a backspace.. so, I apologize but I don't intend on rewriting it all.  You'll have to use a method called bootstrapping to get the forward rates.  Essentially you're looking at the spot rate today, and the forward rates, then filling in what must be the rate to make them equal out in the end.  Sorry I'm not more help!"}
{"_id": "193065", "title": "", "text": "This just happened to me to! At target. I have no idea if its a scam but that is the same thing i am thinking. They Lady who told me about it didn't tell me anything about her business. Just to go to the link....which isn't working. Idk its feels pretty shady. She did everything you said above."}
{"_id": "193081", "title": "", "text": "You have to take legal tender to settle a debt. If your business model doesn't involve the customer incurring a debt that is then settled, you don't have to take cash. For example, in a restaurant where you pay after eating, you can insist on paying cash, because you're settling a debt. But in McDonald's they can refuse your cash at the counter, because you've not received your food yet and so no debt has been incurred."}
{"_id": "193109", "title": "", "text": "\"Read the book, \"\"Slicing Pie: Fund Your Company Without Funds\"\". You can be given 5% over four years and in four years, they hire someone and give him twice as much as you, for working a month and not sacrificing his salary at all.  Over the four years, the idiot who offered you the deal will waste investors money on obvious, stupid things because he doesn't know anything about how to build what he's asking you to build, causing the need for more investment and the dilution of your equity. I'm speaking from personal experience.  Don't even do this. Start your own company if you're working for free, and tell the idiot who offered you 5% you'll offer him 2% for four years of him working for you for free.\""}
{"_id": "193121", "title": "", "text": "Are you looking for the best painters in Vancouver so that you can get your next paint job done without too much stress or hassle? Then it may be time to look at what we have to offer. We can help you to figure out your project and give you a price that works within whatever budget you may be looking at. http://barwickpainting.com/"}
{"_id": "193152", "title": "", "text": "\"&gt; an opaque, esoteric instrument used by gun-runners and drug-dealers on the Dark Web that should be avoided.  As long as the \"\"see something, say something\"\" Law&amp;Order\u2122 axis provides willing volunteers to support the \"\"American\"\" [cheka](https://en.wikipedia.org/wiki/Cheka), Joe Walmart will 'see':     1. \"\"Hoarding\"\"     2. Human trafficking     3. OMG! Tax Avoidance!!  ...and clamor for 'alternative' currencies to be shut down.\""}
{"_id": "193153", "title": "", "text": "\"It's not expensive to me, but for the type of people who NEED to eat fast food often you can get a small burger, fries and a soda for $3 ($2.50 for a kids meal) vs. a Chipotle burrito and drink for ~$8. That really adds up for large families or people who have fast food every day. Heck, Taco Bell will sell you a burrito (and a case of indigestion) for 69 cents. I won't even go into how variety plays a part in all this.  McDonald's model is to be all things to all people and have them eat as many meals as possible there. Places like Chipotle are cool with sharing a percentage of the slightly more affluent \"\"now and then\"\" fast food crowd with other niche places like Noodles &amp; Company, Five Guys, and whatnot.  I'm not dissing Chipotle and their business model, but it's just a completely different market than the big mega fast food chains and it drives me nuts when they are directly compared.\""}
{"_id": "193157", "title": "", "text": "Data modeling may require large datasets to be loaded in memory. As such, get at least 16GB of RAM. If you only have 8GB, Windows will eat most of that on its own. If you're getting into machine learning then a good GPU will be important.  Realistically though, as a student you'll be using small datasets so any specs will do."}
{"_id": "193167", "title": "", "text": "Welcome to Hospedaje en Cuba. Here you can find all the information you required to make your trip to Cuba. In our pages, you will get the best offers of private houses to stay in any corner of Cuba. The closest tourist attractions for each of the houses we promote. All the private houses that you will find in our directory are duly authorized by the Cuban government to be rented to tourists and Hospedaje en Cuba. Our online booking system allows you to get in direct contact with the owners of the private house in which you will be staying, without any kind of intermediaries."}
{"_id": "193170", "title": "", "text": "Orlando has an awesome park, they have some of the best rides of all the theme parks.  It's a combination of a zoo/aquarium and theme park. My family goes 2-3 times a year.   If you have something against zoo's/aquariums thats okay but if you're basing your entire judgement off a movie that was made for one purpose than just remember nothing is as easy as it looks and companies always cut corners."}
{"_id": "193171", "title": "", "text": "\"What a lovely position to find yourself in! There's a lot of doors open to you now that may not have opened naturally for another decade. If I were in your shoes (benefiting from the hindsight of being 35 now) at 21 I'd look to do the following two things before doing anything else: 1- Put 6 months worth of living expenses in to a savings account - a rainy day fund. 2- If you have a pension, I'd be contributing enough of my salary to get the company match. Then I'd top up that figure to 15% of gross salary into Stocks & Shares ISAs - with a view to them also being retirement funds. Now for what to do with the rest... Some thoughts first... House: - If you don't want to live in it just yet, I'd think twice about buying. You wouldn't want a house to limit your career mobility. Or prove to not fit your lifestyle within 2 years, costing you money to move on. Travel: - Spending it all on travel would be excessive. Impromptu travel tends to be more interesting on a lower budget. That is, meeting people backpacking and riding trains and buses. Putting a resonable amount in an account to act as a natural budget for this might be wise. Wealth Managers: \"\"approx. 12% gain over 6 years so far\"\" equates to about 1.9% annual return. Not even beat inflation over that period - so guessing they had it in ultra-safe \"\"cash\"\" (a guaranteed way to lose money over the long term). Give them the money to 'look after' again? I'd sooner do it myself with a selection of low-cost vehicles and equal or beat their return with far lower costs. DECISIONS: A) If you decided not to use the money for big purchases for at least 4-5 years, then you could look to invest it in equities. As you mentioned, a broad basket of high-yielding shares would allow you to get an income and give opportunity for capital growth. -- The yield income could be used for your travel costs. -- Over a few years, you could fill your ISA allowance and realise any capital gains to stay under the annual exemption. Over 4 years or so, it'd all be tax-free. B) If you do want to get a property sooner, then the best bet would to seek out the best interest rates. Current accounts, fixed rate accounts, etc are offering the best interest rates at the moment. Usual places like MoneySavingExpert and SavingsChampion would help you identify them. -- There's nothing wrong with sitting on this money for a couple of years whilst you fid your way with it. It mightn't earn much but you'd likely keep pace with inflation. And you definitely wouldn't lose it or risk it unnecessarily. C) If you wanted to diversify your investment, you could look to buy-to-let (as the other post suggested). This would require a 25% deposit and likely would cost 10% of rental income to have it managed for you. There's room for the property to rise in value and the rent should cover a mortgage. But it may come with the headache of poor tenants or periods of emptiness - so it's not the buy-and-forget that many people assume. With some effort though, it may provide the best route to making the most of the money. D) Some mixture of all of the above at different stages... Your money, your choices. And a valid choice would be to sit on the cash until you learn more about your options and feel the direction your heart is pointing you. Hope that helps. I'm happy to elaborate if you wish. Chris.\""}
{"_id": "193184", "title": "", "text": "slash the expenses. tax the bare minimum if at all. let the free market fix thr problem. all the issues here (healthcare, education, military) are problems the gov created.. even if they had the foresight to stop spending our taxes on bs and used it to reflect EU norms, I dont trust for one second a top down solution would outperform a truly free market (not a half ass free market). And still.. even if we re-prioratize our expenses, we are still stupid in debt. it will crash. thats the only way this gets fixed.. or we blow up the world to prevent it.. but how long can you flex a muscle?"}
{"_id": "193186", "title": "", "text": "\"At this point, a great deal of the world's wealth exists only in electronic form, and just as you can write a check or pay by debit card and trust the banks will handle it, banks can conduct wire transfers\"\" through higher-level banking networks. In the US, when there is a need to convert physical money to electronic or vice versa, it is typically handled by armored car and armed guard transfer between a bank and the local Federal Reserve Bank office. Physical money is moved around only when necessary, and for as short a distance as possible, to the most secure facilities possible, to minimize risk. I can't vouch for how it's managed elsewhere in the world, where the networks and repository banks may not be as available. I would presume (I would hope!) that the same general concepts and approaches are followed.\""}
{"_id": "193196", "title": "", "text": "Restaurant owner here.    Comcast's SLA is 4 hours.  So, when it goes down at 7pm on a Friday (and it has, multiple times) then I'm pretty much screwed on my credit card transactions.    So, I have to have a failover device that uses a mobile network in order to make sure that I can keep processing transactions.  That's another $700/year just because Comcast's reliability is so bad."}
{"_id": "193200", "title": "", "text": "&gt; Sometimes Walmart is the only place a person can be hired.  they don't have to live there. there are NO business on say the badlands of south dakota. i can't want to live there and then complain about the lack of business. move. get more education. start your own business and maybe employ others. dont get mad at someone else for not hiring you or offering you less than you want. how many jobs have  YOU created?"}
{"_id": "193202", "title": "", "text": "Can't both things be right..?   They're still losing a **SUBSTANTIAL** amount by offering tickets at $99, yet saving a **LOT** by not losing planes....    https://www.youtube.com/watch?v=6Oe8T3AvydU    So.. again.. I reiterate, can't both things be right....?    Edit: I'll summarize the math shown in the video:    Assumes using an A380 with 154 seats, flying from NY to Washington DC   *All dollar amounts assume PER PERSON*    $2.50 - in fuel costs.   $1.50 - in crew costs.   $13.50 - in takeoff/landing fees in JKF and Dulles.   $6.00 - Domestic passenger tax.   $4.00 - Domestic Flight Segment Tax.   $5.50 - 9/11 Security Fee.   $11.50 - in Flight Cycle payment.   $14.00 - Airplane maintenance.   $10.00 - Overall operations overhead (conservative estimate)   $0.25 - Insurance.   **Our very rough grand total is!!**...   $68.75   Lets just round up to $70.. for other small things not covered..    And again, this is assuming we fly a very short distance, using very conservative estimates..."}
{"_id": "193215", "title": "", "text": "Your question is vague as there are different sorts of conferences.  However, the most important thing usually is meeting new people, which you do in the hallways, lobbies, social events, mealtimes, etc. You aren't there just to listen to talks or see displays, but to meet people whom you can call again later to discuss whatever your common interests are."}
{"_id": "193225", "title": "", "text": "\"Taken from a website that believes \"\"CO2 is a product of human breath and is plant food, NOT a pollutant.\"\" (literally the subtitle to the entire website).    Oh, look! There goes all its credibility.   [Their justifications](https://defyccc.com/debate-about-brief-sos/#more-2768) to that logic are even worse. They are logic-resistant.   EDIT: Please no more posts from that looney bin. For a moment, I thought I was visiting a satire website, turns out they're just that crazy.\""}
{"_id": "193226", "title": "", "text": "Best Western Rewards er Best Western\u00b4s stamg\u00e6st -og loyalitetsklub. Best Western har over 4.000 hoteller i mere end 100 lande over hele verden. Vi tilstr\u00e6ber at alle vores g\u00e6ster, inklusiv dig, oplever en oprigtig g\u00e6stfrihed og omsorg, n\u00e5r du bes\u00f8ger et af vores Best Western hoteller. Herudover vil vi gerne give dig som g\u00e6st mulighed for at optjene Rewards point. http://www.bestwestern.dk/best-western-rewards.aspx"}
{"_id": "193251", "title": "", "text": "For tax purposes, what matters is your province of residence at December 31st. Quebec Tax abatement therefore applies if you were living in Quebec, regardless of your employer, assuming you are an employee. As for effective tax, your question misses some data and does not quite make sense as effective tax is the result of dividing your total taxes paid after deductions and tax credits by your total income. As such, one cannot tell you your effective tax rate without knowing taxes paid after deductions and tax credits and total income."}
{"_id": "193266", "title": "", "text": "Companies do both quite often.  They have opposite effects on the share price, but not on the total value to the shareholders.  Doing both causes value to shareholders to rise (ie, any un-bought back shares now own a larger percentage of the company and are worth more) and drops the per-share price (so it is easier to buy a share of the stock).  To some that's irrelevant, but some might want a share of an otherwise-expensive stock without paying $700 for it. As a specific example of this, Apple (APPL) split its stock in 2014 and also continued a significant buyback program: Apple announces $17B repurchase program, Oct 2014 Apple stock splits 7-to-1 in June 2014. This led to their stock in total being worth more, but costing substantially less per share."}
{"_id": "193280", "title": "", "text": "I'm talking about household income. $300k is a huge amount of money for a single person to make, but $150k is certainly doable for most doctors/lawyers/engineers. If your spouse is also a high earner that will help put over the 1% threshold."}
{"_id": "193296", "title": "", "text": "Microsoft doesn't do salary negotiations...  The way the salary structure works at Microsoft is similar to how it works in many other huge companies. You have a rank/level/title (eg. developer, Senior developer, Principal developer, and upwards) and your salary is based solely on that. For example, every new college hire starts at a certain rank (whether foreign or not) and every new college hire starts at the same level of pay. When you get a promotion you get a new title and a corresponding pay increase. You can't negotiate for bonuses or salary increases, it's set in stone for everyone.  This is for engineering positions, obviously sales/marketing/etc. all have different structures."}
{"_id": "193303", "title": "", "text": "The value of an option has 2 components, the extrinsic or time value element and the intrinsic value from the difference in the strike price and the underlying asset price. With either an American or European option the intrinsic value of a call option can be 'locked in' any time by selling the same amount of the underlying asset (whether that be a stock, a future etc).  Further, the time value of any option can be monitised by delta hedging the option, i.e. buying or selling an amount of the underlying asset weighted by the measure of certainty (delta) of the option being in the money at expiry. Instead, the extra value of the American option comes from the financial benefit of being able to realise the value of the underlying asset early. For a dividend paying stock this will predominantly be the dividend. But for non-dividend paying stocks or futures, the buyer of an in-the-money option can realise their intrinsic gains on the option early and earn interest on the profits today. But what they sacrifice is the timevalue of the option.  However when an option becomes very in the money and the delta approaches 1 or -1, the discounting of the intrinsic value (i.e. the extra amount a future cash flow is worth each day as we draw closer to payment) becomes larger than the 'theta' or time value decay of the option. Then it becomes optimal to early exercise, abandon the optionality and realise the monetary gains upfront. For a non-dividend paying stock, the value of the American call option is actually the same as the European. The spot price of the stock will be lower than the forward price at expiry discounted by the risk free rate (or your cost of funding). This will exactly offset the monetary gain by exercising early and banking the proceeds. However for an option on a future, the value today of the underlying asset (the future) is the same as at expiry and its possible to fully realise the interest earned on the money received today. Hence the American call option is worth more. For both examples the American put option is worth more, slightly more so for the stock. As the stock's spot price is lower than the forward price, the owner of the put option realises a higher (undiscounted) intrinsic profit from selling the stock at the higher strike price today than waiting till expiry, as well as realising the interest earned. Liquidity may influence the perceived value of being able to exercise early but its not a tangible factor that is added to the commonly used maths of the option valuation, and isn't really a consideration for most of the assets that have tradeable option markets. It's also important to remember at any point in the life of the option, you don't know the future price path. You're only modelling the distribution of probable outcomes. What subsequently happens after you early exercise an American option no longer has any bearing on its value; this is now zero! Whether the stock subsequently crashes in price is irrelevent. What is relevant is that when you early exercise a call you 'give up' all potential upside protected by the limit to your downside from the strike price."}
{"_id": "193308", "title": "", "text": "Ok, its been over a week, I think I am done with this. If you feel answering last makes you a winner, GJ. You are, though, incorrect in showing any example of a country that simultaneously purchased and sold its own debt. Also, I rule."}
{"_id": "193312", "title": "", "text": "NYSE and Nasdaq are secondary markets where stocks are bought or sold. The process of creating new stocks via IPO or private placements etc are called Private Market."}
{"_id": "193314", "title": "", "text": "\"- So some time goes by and people start catching onto this system of credit-worthiness, and farmers and fishermen and so on start to realize that they can get better value for their IOUs by demonstrating credibility. People with shakier reputations or dubious prospects may not be able to \"\"issue money\"\", or might only be able to do so at very high \"\"interest\"\". E.g., a new farmer with no track-record might have to promise me twice as many potatoes in exchange for a deer haunch, due to the risk that I might never see any potatoes at all.   - This obviously gets very messy fast, as different apple- and potato-certificates have different values depending on whether they were issued by Bob or Jane, and everyone has to keep track of and evaluate whose future apples are worth what.   - Some enterprising person, maybe the merchant who runs the trading-post, comes up with the idea to just issue one note for all the farms in town. He calls a meeting with all the farmers, and proposes to have the town priest keep a book of certificates and so on, and the farmers will get notes just like everyone else in exchange for the crops they contribute to the pool, and the merchant will keep a cut of the crops with which to hire some accountants and farm-surveyors to estimate the total crop yields across town and so on.   - Everyone agrees (or at least, enough farmers agree to kind of force the other ones to get on-board if they want to participate meaningfully in the town economy), and we now have something like a central bank issuing something like **fiat currency**: that is, currency whose value is \"\"decided\"\" by some central authority, as opposed to the kind of straight-up exchange certificates that can be traded for an actual apple from the issuer, for example.  - Now we have something that looks a lot like a modern monetary system. The town can set up audit committees or whatever, but the idea is that there is some central authority basically tasked with issuing money, and regulating the supply of that money according to the estimated size of ongoing and future economic activity (future crop yields).   - If they issue too much money, we get inflation, where more apple-certificates are issued than apples grown, and each apple-note ends up being worth only three-quarters of an apple come harvest-time. If they issue too little currency, economic activity is needlessly restricted: the farmers are not able to hire enough workers to maximize crop yields and so on, the hunter starts hunting less because his deer meat is going bad since nobody has money to buy it, and so on.   **At this point, you may be asking, \"\"Why the hell go through all this complexity just to trade apples for deer and shoes? Isn't this more trouble than it's worth?\"\"**   The answer is because this is a *vastly* more efficient system than pure barter. I, as a hunter, no longer need to trade a physical deer haunch for a bushel of apples to carry over to the shoemaker in order to get shoes. You, as an apple-farmer, can hire workers *before* the crop is harvested, and therefore can grow more, and your workers can eat year-round instead of just getting a huge pile of apples at harvest-time to try and trade for for whatever they will need for the rest of the year.   So back to money...  The thing to remember is that all throughout, from the initial trade to this central-banking system, *all of this money is debt*. It is IOUs, except instead of being an IOU that says \"\"Kancho_Ninja will give one bushel of apples to the bearer of this bond in October\"\", it says **\"\"Anyone in town will give you anything worth one bushel of apples in trade.\"\"**  The money is not an actual *thing* that you can eat or wear or build a house with, it's an IOU that is redeemable anywhere, for anything, from anyone. It is a promise to pay equivalent value at some time in the future, except the holder of the money can call on anybody at all to fulfill that promise-- they don't have to go back to the original promiser.   **This is where it starts getting interesting, and where we can start to answer your question...**  (for the sake of simplicity, let's stop calling these notes \"\"apple certificates\"\", and pretend that the village has decided to call them \"\"Loddars\"\").   - So now you're still growing apples, but instead of trading them for deer-haunches and shoes, you trade them for Loddars. So far, so good.   - Once again, you want some meat, except harvest time hasn't come yet so you don't have any Loddars to buy meat with. You call me up (cellphones have been invented in this newly-efficient economy), \"\"Hey otherwiseyep, any chance you could kill me a deer and I'll give you ten Loddars for it at harvest-time?\"\"  - I say, \"\"Jeez, I'd love to, but I really need all the cash I can get for every deer right now: my kid is out-growing shoes like crazy. Tell you what: if you can write me a promise to pay *twelve* Loddars in October, I can give that to the shoe-maker.\"\" You groan about the \"\"interest rate\"\" but agree.   Did a lightbulb just go off? **You and I have once again *created Money*.** Twelve loddars now exist in the town economy that *have not been printed by the central bank.* Counting all the money trading hands in the village, there are now (a) all the loddars that have ever been printed, *plus* (b) *twelve more* that you have promised to produce.   This is important to understand: I just spent money on shoes, which you spent on deer meat, that *has never been printed*. It's obviously not any of the banknotes that have already been issued, but it's definitely real money, because I traded it for new shoes, and you traded it for a dead deer.   - Once you and I and others start to catch on that this is possible, that we can spend money that we don't have and that hasn't even been printed yet, it is entirely possible for a situation to arise where the total amount of money changing hand in the village vastly exceeds the number of loddars that have actually been printed. And this can happen without fraud or inflation or anything like that, and can be perfectly legitimate.   - Now, what happens if another wildfire hits your orchard? **Those twelve loddars are destroyed,** they are gone, the shoe-maker is twelve loddars poorer, without spending it and without anyone else getting twelve loddars richer.   The money that bought your deer and my shoes has simply vanished from the economy, as though it never existed, despite the fact that it bought stuff with genuine economic utility and value.\""}
{"_id": "193318", "title": "", "text": "Never. Isn't that the whole idea of the limit order. You want a bargain, not the price the seller wants. And when the market opens it is volatile at the most, just an observation mayn't be correct. Let it stabilize a bit. The other thing is you might miss the opportunity. But as an investor you should stick to your guns and say I wouldn't buy any higher than this or sell any lower than this. As you are going long, buying at the right price is essential. You aren't going to run away tomorrow, so be smart.  Probably this is what Warren Buffet said, it is important to buy a good stock at the right price rather than buying a good stock at the wrong price. There is no fixed answer to your question. It can be anything. You can check what analysts, someone with reputation of predicting correctly(not always), say would be the increase/decrease in the price of a stock in the projected future. They do quite a lot of data crunching to reach a price. Don't take their values as sacrosanct but collate from a number of sources and take an average or some sorts of it. You can then take an educated guess of how much you would be willing to pay depending the gain or loss predicted. Else if you don't believe the analysts(almost all don't have a stellar reputation) you can do all the data crunching yourself if you have the time and right tools."}
{"_id": "193327", "title": "", "text": "Just like facebook, the hard part is the community not the software.  A generic clone can be made from scratch in no time.  Hell, there was basically a competition to write one is little amount of code as possible a while back."}
{"_id": "193333", "title": "", "text": "\"You need to hope that a fund exists targeting the particular market segment you are interested in. For example, searching for \"\"cloud computing ETF\"\" throws up one result. You'd then need to read all the details of how it invests to figure out if that really matches up with what you want - there'll always be various trade-offs the fund manager has to make. For example, with this fund, one warning is that this ETF makes allocations to larger firms that are involved in the   cloud computing space but derive the majority of their revenues from   other operations Bear in mind that today's stock prices might have already priced in a lot of future growth in the sector. So you might only make money if the sector exceeds that predicted growth level (and vice versa, if it grows, but not that fast, you could lose money). If the sector grows exactly as predicted, stock prices might stay flat, though you'd still make a bit of money if they pay dividends. Also, note that the expense ratios for specialist funds like this are often quite a bit higher than for \"\"general market\"\" funds. They are also likely to be traded less frequently, which will increase the \"\"bid-ask\"\" spread - i.e. the cost of buying into and getting out of these funds will be higher.\""}
{"_id": "193340", "title": "", "text": "Well it depends what you are trying to do. You first job, almost by definition, will be entry level. Your coding is particularly valuable. The basics probability distributions should take you like a day or two tops with your background. So, no, I don't think some sort of job in risk management or a small role in a quantitative finance group (likely just coding) it out of the question. Only one way to find out. And you'll pick up the rest from there.  Edit: Just read you have a graduate degree in Physics/Math/Engineering. Of course you could get a job with your skill set. Likely a good one. One of the upsides to finance is they like to hire smart people and are okay with them developing skill sets as they go."}
{"_id": "193347", "title": "", "text": "\"Dude, I'm a small business owner. The fact of the matter is employee costs are a big expense. But the truth is, I think people that pay minimum wage are scum.   If you're so convinced that a livable wage would make it \"\"worse\"\", why don't you standardize a companies 10-k and show me that the cost of the product will raise equal to the wage increase? You can't, because it won't. The cost increase on margins is divided over every operating metric a company has, and therefore the price won't increase at a 1:1 ratio.   Further, the margins that are made by the companies employing the people making minimum wage are often from government assistance. So you're claiming it's cheaper for the populace to create false net revenues by directing tax dollars to support the very people that can't buy food because of a $7 an hour wage.   Then you have the countless people stuck in the welfare hole of losing their benefits if they get a slightly better job that just knocks them out of the specified ranges required to qualify. So you have people that want to work, but now can't make too much money or it will make their life worse, all because of the system that was created by a minimum wage that never matched inflation and cheap companies that rely on welfare systems to keep their employees happy a rough to keep living.   Companies that pay minimum wage are jokes.\""}
{"_id": "193357", "title": "", "text": "It is not a limitation of ebooks.  Limitations are imposed by Amazon (and others).  The large publishers likely tell Amazon they won't let Amazon sell their e-content without draconian policies.  However, I beleive Amazon includes draconian policies even on ebooks without such customer hostile publisher demands so that makes it difficult for Amazon to claim they are not choosing the draconian policies.  I sell my ebook through leanpub http://leanpub.com/managementmatters  You buy it, you own it.  Leanpub doesn't go around deleting it from your device.  The draconian policies are choices by publishers and retailers, not some condition of ebooks, in the way the articles states."}
{"_id": "193367", "title": "", "text": "\"Be careful here: If ACME were in California, I would pay taxes on USD 17,000 because I   had revenue of 20,000 and expenses of 3,000. To CALIFORNIA. And California taxes S-Corps. And, in addition, you'd pay $800 for the right of doing business in the State. All that in addition to the regular Federal and State taxes to the State where you're resident. Suppose that ACME is in Britain (or anywhere else for that matter). My   revenue and expenses are the same, but now my money has been earned   and my expenses incurred in a foreign country. Same thing exactly. Except that you'll have to pay taxes to the UK. There may be some provision in the tax treaty to help you though, so you may end up paying less taxes when working in the UK than in California. Check with a licensed tax adviser (EA/CPA licensed in your State) who won't run away from you after you say the words \"\"Tax Treaty\"\". Does it even make sense to use my S-Corporation to do business in a   foreign country? That should be a business decision, don't let the tax considerations drive your business.\""}
{"_id": "193389", "title": "", "text": "IT positions - absolutely!  If you can learn Broadridge or IBM etc, there is a demand for you.  Not only in the brokerages but vendors as well.  Just pushing paper around as a clerk - no very well paid."}
{"_id": "193396", "title": "", "text": "I think you're not applying the right time scale here. ESPP (Employee Stock Purchase Plan) is usually vesting every 6 months. So every half a year you receive a chunk of stocks based on your salary deduction, with the 15% discount. Every half a year you have a chunk of money from the sale of these stocks that you're going to put into your long term investment portfolio. That is dollar cost averaging. You're investing periodically (every 6 months in this case), same (based on your salary deferral) amount of money, regardless of the stock market behavior. That is precisely what dollar cost averaging is."}
{"_id": "193398", "title": "", "text": "I know that in the case of cash dividends I will get the dividend as long as I bought the stock before the ex-date but what happens in the case of an stock dividend? This is same as cash dividends. You would receive the additional stock."}
{"_id": "193404", "title": "", "text": "Pump-and-dump scams are indeed very real, but the scale of a single scam isn't anywhere near the type of heist you see in movies like Trading Places. Usually, the scammer will buy a few hundred dollars of a penny stock for some obscure small business, then they'll spam every address they have with advice that this business is about to announce a huge breakthrough that will make it the next Microsoft. A few dozen people bite, buy up a few thousand shares each (remember the shares are trading for pennies), then when the rise in demand pushes up the price enough for the scammer to make a decent buck, he cashes out, the price falls based on the resulting glut of stock, and the victims lose their money. Thus a few red flags shake out that would-be investors should be wary of:"}
{"_id": "193434", "title": "", "text": "Are you looking for one of the ways to satiate your hunting adventure? We at Colorado Private Ranches can dole out an absolutely pleasurable experience. We offer unguided DIY Elk and Deer hunting and lodging facilities with the complete assurance of begetting a thrilling adventure. http://www.coloradoprivateranches.com/index.php"}
{"_id": "193437", "title": "", "text": "\"AI is a meaningless term.   LASSO regression is \"\"AI\"\" when you use it interchangeably with \"\"machine learning.\"\"  And $20 million is extremely small. He is running a garage shop here. 21% annualized for 4 years is not impressive, since he has no process, he could just as easily give it all back in a year without having any idea what to do to stop it other than cut all exposure and turn off the box.\""}
{"_id": "193447", "title": "", "text": "I'm confused by the content of your post in the context of replying to mine.  You are saying that one needs to build their team for their company to be successful and that includes treating your team members with respect.  I agree with that, but that doesn't mean you need to overpay them for the worth of the job they fulfill."}
{"_id": "193449", "title": "", "text": "Someone mentioned sign up bonuses but only mentioned dollar values. You might get points, sweet, sweet airline points :) which some might find compelling enough to churn cards so they always have a few open."}
{"_id": "193455", "title": "", "text": "&gt; When an EVP comes to your desk and needs something done and you're lower level, that's A Priority, but if you have other priorities that are on deadline from your more immediate boss, then you're scrambling.. it gets old.  That's your issue, it's not a priority.  The thing to remember about this is he's taking about communication, not orders.  No one in another division is going to be setting my priorities, I will, or my supervisor will.  If you've made a VIP's request a priority, it's your fault.  It's maybe different for me coming from an IT background, but I prioritize agnostic of requester.  The issue decides the priority, not the user.  For the most part, no matter how far up a company you go, explaining to someone that their request is noted, but you have X do get done before you can start is enough.  If they insist, let them know they can speak to your supervisor if they feel priorities should be changed.  Communication should be open, orders should not."}
{"_id": "193459", "title": "", "text": "You might want to talk with your financial planner about any or all of the following: as well as Some of these offer the guarantee of a minimal amount of interest, as well as the ability to take a loan out against the cash value, without lapsing the policy.  They may also offer certain tax advantages depending upon your jurisdiction and situation."}
{"_id": "193463", "title": "", "text": "\"Of course. \"\"Best\"\" is a subjective term. However relying on the resources of the larger institutions by pooling with them will definitely reduce your own burden with regards to the research and keeping track. So yes, investing in mutual funds and ETFs is a very sound strategy. It would be better to diversify, and not to invest all your money in one fund, or in one industry/area. That said, there are more than enough individuals who do their own research and stock picking and invest, with various degrees of success, in individual securities. Some also employe more advanced strategies such as leveraging, options, futures, margins, etc. These advance strategies come at a greater risk, but may bring a greater rewards as well. So the answer to the question in the subject line is YES. For all the rest - there's no one right or wrong answer, it depends greatly on your abilities, time, risk tolerance, cash available to invest, etc etc.\""}
{"_id": "193485", "title": "", "text": "\"A nondividend distribution is typically a return of capital; in other words, you're getting money back that you've contributed previously (and thus would have been taxed upon in previous years when those funds were first remunerated to you). Nondividend distributions are nontaxable, so they do not represent income from capital gains, but do effect your cost basis when determining the capital gain/loss once that capital gain/loss is realized. As an example, publicly-traded real estate investment trusts (REITs) generally distribute a return of capital back to shareholders throughout the year as a nondividend distribution. This is a return of a portion of the shareholder's original capital investment, not a share of the REITs profits, so it is simply getting a portion of your original investment back, and thus, is not income being received (I like to refer to it as \"\"new income\"\" to differentiate). However, the return of capital does change the cost basis of the original investment, so if one were to then sell the shares of the REIT (in this example), the basis of the original investment has to be adjusted by the nondividend distributions received over the course of ownership (in other words, the cost basis will be reduced when the shares are sold). I'm wondering if the OP could give us some additional information about his/her S-Corp. What type of business is it? In the course of its business and trade activity, does it buy and sell securities (stocks, etc.)? Does it sell assets or business property? Does it own interests in other corporations or partnerships (sales of those interests are one form of capital gain). Long-term capital gains are taxed at rates lower than ordinary income, but the IRS has very specific rules as to what constitutes a capital gain (loss). I hate to answer a question with a question, but we need a little more information before we can weigh-in on whether you have actual capital gains or losses in the course of your S-Corporation trade.\""}
{"_id": "193490", "title": "", "text": "Most companies want to grow. In order to grow, you need to do better than just breaking even. If you want to keep hiring, or building new facilities, you'd probably want to retain some of your earnings year over year. That's just one reason. Shareholders also want to see a higher return on their investment; dividends are paid out of retained earnings, rather than expensed in the calculation of profits. Decreasing profits decreases retained earnings, which pisses off shareholders. I'm sure someone else can expand on this or fill in any other holes.  Edit: Someone please correct me if I'm off base here. My comment is a bit confusing at times. For instance, tax  expense is included in the calculation of book income, but not taxable income, and this comment deals with both."}
{"_id": "193499", "title": "", "text": "To enjoy any event to the fullest it is wise you should have a comfortable vehicle on which you can experience a seamless ride. Thus, you can fulfill such needs by hiring luxury High City Party Bus for enjoying group travel."}
{"_id": "193502", "title": "", "text": "\"My take on this is that with any short-selling contract you are engaging in, at a specified time in the future you will need to transfer ownership of the item(s) you sold to the buyer. Whether you own the item(s) or in your case you will buy your friend's used  car in the meantime (or dig enough gold out of the ground - in the case of hedging a commodity exposure) is a matter of \"\"trust\"\". Hence there is normally some form of margin or credit-line involved to cover for you failing to deliver on expiry.\""}
{"_id": "193506", "title": "", "text": "One possible route is to try to have no credit. This is different than bad credit. If you build up a good downpayment (20%), a number of banks would do manual underwriting for you."}
{"_id": "193516", "title": "", "text": "You can make your table more useful by adding more columns like this: This makes it really easy to keep track of categories of spending.  You just sum a column to get all of your restaurant spending."}
{"_id": "193523", "title": "", "text": "This stems from a basic misunderstanding about display ad campaigns. The point is not necessarily to get folks to click. No one clicks on display ads. It's just like billboard or magazine ads - the point is to get the logo/messaging in front of people. Basic brand awareness."}
{"_id": "193529", "title": "", "text": "If you're repairing an existing appliance - its an expense. If you're replacing an existing appliance with a new one - that's disposing of one capital asset and putting in service another. You depreciate the new one and you dispose of the old one (if not fully depreciated - talk to your tax adviser how to handle the remaining value). The additional costs of the fixes that are not related to the installation of the new appliance are regular maintenance expenses, so you have to get an itemized invoice from the plumber to know what to expense and what to capitalize."}
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{"_id": "193555", "title": "", "text": "I'm a college student with a technical and math background but I'm looking to apply to some jobs in financial tech because I find it to be an interesting industry. What are some good must-read finance books that can help me acquainted with finance for someone who has little to no experience/knowledge?"}
{"_id": "193559", "title": "", "text": "That should obscure your name and home address fairly well."}
{"_id": "193565", "title": "", "text": "The big issue I can see is foreign exchange risk - if you've got the money in the US and you need it in Australia, you're vulnerable to fluctuations in the exchange rate between the two currencies. I would think that if you're expecting to go back to the US, you might want to leave some money in the US (to guard against the AU$ falling against the US$); if you're not planning to go back you're probably better off moving the money with you unless you expect the USD to appreciate considerably against the AUD anytime soon. The picture changes slightly if you still have expenses in the US, like paying for a mortgage, or repairs to a property there or something similar, as you're probably better off leaving part of the money in the US to get rid of both the exchange rate losses and currency risk."}
{"_id": "193566", "title": "", "text": "Americans with Disabilities Act (ADA) specifies wheelchair ramp requirements as well as access guidelines, specifications that most business organizations which are into the manufacturing of ramps have to meet. Usually, residential applications don\u2019t need to meet ADA requirements, guidelines and specifications."}
{"_id": "193568", "title": "", "text": "Home care service providers are primarily there to administer care, but they will also look to create a bond and build up compatibility with the person they are caring for. For people who have been left housebound by their sickness, this could have a positive effect, giving them with someone to talk to on a human level \u2013 rather than an endless slew of medical jargon."}
{"_id": "193570", "title": "", "text": "More than likely what you speak of was a symptom of a larger problem.  The retooling of economies from manufacturing based, to information based caused a large sector of previously employable people to be left jobless as low-tech manufacturing jobs were replaced by robots and developing nations. The government then tried to solve this by putting the underemployed to work, treating the symptom instead of the underlying disease."}
{"_id": "193572", "title": "", "text": "Universal Steel of America provides commercial metal buildings kits to various industries. Our customized steel building kits provides quality, flexibility, cost effectiveness and various customizations to accommodate various designs needs. We only use high quality steel for metal building and our expert team of technicians, designers and engineers ensure quality control in every step of the production of the building kits."}
{"_id": "193592", "title": "", "text": "This is a reasonable requirement which many banks probably have. The reason is that after you deposit a check, ACH or direct deposit - they may be reversed after a couple of days (check bounced, payment canceled, etc). If you wire the money out, and then the check by which you got the money gets bounced - the bank is left hanging because money wired out is very hard to return. Wire transfers are generally irreversible unless its a mistake in the wire.  After 10 days, these transactions cannot be reversed and the money is bound to remain on the account, so you can wire it out. By the way, it also goes for cashier's checks as well, I had a similar discussion with my banker (don't remember if it was WF or Chase) when I needed one based on a ACH transfer from my savings account elsewhere. They gave me the check, but said that its because I proved that the transfer was from my own account."}
{"_id": "193603", "title": "", "text": "Ok, that's totally different then.  The legislation that you were mentioning doesn't apply to prop shops that trade derivatives.   If you want to end up in the equities world, then a place that requires those licenses that will pay for it doesn't seem like a bad deal."}
{"_id": "193641", "title": "", "text": "\"1. Your oldest active credit agreement is not very old This is fairly straight forward. If you've not been exposed to borrowing for a reasonable length of time, people won't want to lend you money. They have no reason to have any confidence in your ability to repay them. As other said, it's pretty much a case of proving yourself by being good with credit over a period of time. 2. You have no active credit card accounts Credit reference agencies have to consider a variety of factors for a variety of purposes. Notably, they will be used for credit cards, unsecured loans, mortgages, and secured loans such as vehicle finance applications. These all have varying types of customer, and some will be inherently more risky than others. For instance, someone with a mortgage on a home is far more likely to make payments because they would be homeless without, however someone with a finance agreement on a car is relatively less likely to make those payments because all they stand to lose is their car. Consider that the most fruitful information the lender will get is a score and some breakdown of how it's generated, it's a very general understanding of your history. For that reason, having a wide variety of credit is very important. A good variety of credit to have would be one secured loan (e.g car finance) to get started, as well as at least one revolving unsecured credit account (e.g a credit card), and later on in your \"\"credit life\"\" an unsecured fixed term loan (e.g a loan for something which has nothing secured against it). I say the above reluctantly, because that's how I increased my credit score from 450 to 999 - first step was the car finance where in 3 months or so I changed from 450 to around 600, with a credit card I was approaching 900, and once I had an unsecured loan for 8 months I hit 999 - now I have all of the above plus a competitive mortgage and remain at 999. Whether each is mandatory to maintain 999 is debatable but based on personal experience, it seems reasonable.\""}
{"_id": "193648", "title": "", "text": "It may be true for a bond fund.  But it is not true for bond etf.  Bond etf will drop by the same amount when it distribute dividend on ex-dividend date."}
{"_id": "193652", "title": "", "text": "&gt; why are some people so pleased to see another major market monopoly?  Because Amazon is their friend today. They won't regret it until it's too late. Amazon Key being met by a significant portion of people with a warm reception is evidence enough that we keep pushing the line of what's inacceptable back further."}
{"_id": "193655", "title": "", "text": "&gt;offering nothing in return  Well, we have no idea about what else the contracts stipulates.  It may have all kinds of attractive features that make it worthwhile for someone to sign it.  Perhaps access to a spa, complementary champagne, access to a nice beach, live musicians, jumping the scheduled list to get your wedding sooner, it could be anything.  The libel example was just to show that the ability to speak freely, as you pointed out, has a value (which can be very high negative numbers if you say the wrong thing).  This clause is not about proving libel or first amendment rights.  Contracts can have all kinds of stipulations in them, you have to be a certain weight, have certain colored hair styles, stay away from certain places, partake (or not) in particular behaviours.  You can sign all kinds of contracts willingly that penalize you financially for doing things that nobody would legally be able to force you to do without a contract."}
{"_id": "193667", "title": "", "text": "\"C'mon, Bill - you're better than this.  Aside from the fact that he accumulated his personal wealth through ruthless profiteering and tax shelters, it's just a flat out bad idea.  It was an even worse idea when some neckbeard actor and commie guitarist started pushing it.  All this tax will do is hamper the ability to do business (i.e., market liquidity), and end up being shouldered by small banks and in the end, the consumer.  Big banks will find their ways around this, no problem, but the boutique capital firms will surely struggle.    This isn't just a \"\"oh, we'll institute this micro-tax and everyone is happy!\"\" - they want to tax the underlying value of assets on each trade.  This creates a direct impact to free-market trading which I don't believe they've accounted for (which is shocking, really).  It's a tax on the top and bottomline, and a general tax on the actual execution point of an entire industry.  It's a half-baked idea that shouldn't have gotten as far as it did.\""}
{"_id": "193669", "title": "", "text": "&gt;I hate tipping. I'd rather a fair wage be factored in.   Except it'll never happen, which is why servers and other tipped staff almost universally oppose an end to tipping.  The company will never, *ever* pay as well as what is essentially a commission."}
{"_id": "193695", "title": "", "text": "\"Look, the title states that the Fed signaled the economy is in trouble.  It didn't. All the Fed did was release a survey.  And just because their survey said Americans believe they're not better off, that doesn't mean it's their \"\"official\"\" stance on the economy.  They don't believe the economy is in trouble.  They believe that Americans think they're worse off than before.  Those are two very different concepts; therefore, it is a very misleading title.\""}
{"_id": "193717", "title": "", "text": "\"You mention \"\"early exercise\"\" in your title, but you seem to misunderstand what early exercise really means. Some companies offer stock options that vest over a number of years, but which can be exercised before they are vested. That is early exercise. You have vested stock options, so early exercise is not relevant. (It may or may not be the case that your stock options could have been early exercised before they vested, but regardless, you didn't exercise them, so the point is moot.) As littleadv said, 83(b) election is for restricted stocks, often from exercising unvested stock options. Your options are already vested, so they won't be restricted stock. So 83(b) election is not relevant for you. A taxable event happen when you exercise. The point of the 83(b) election is that exercising unvested stock options is not a taxable event, so 83(b) election allows you to force it to be a taxable event. But for you, with vested stock options, there is no need to do this. You mention that you want it not to be taxable upon exercise. But that's what Incentive Stock Options (ISOs) are for. ISOs were designed for the purpose of not being taxable for regular income tax purposes when you exercise (although it is still taxable upon exercise for AMT purposes), and it is only taxed when you sell. However, you have Non-qualified Stock Options. Were you given the option to get ISOs at the beginning? Why did your company give you NQSOs? I don't know the specifics of your situation, but since you mentioned \"\"early exercise\"\" and 83(b) elections, I have a hypothesis as to what might have happened. For people who early-exercise (for plans that allow early-exercise), there is a slight advantage to having NQSOs compared to ISOs. This is because if you early exercise immediately upon grant and do 83(b) election, you pay no taxes upon exercise (because the difference between strike price and FMV is 0), and there are no taxes upon vesting (for regular or AMT), and if you hold it for at least 1 year, upon sale it will be long-term capital gains. On the other hand, for ISOs, it's the same except that for long-term capital gains, you have to hold it 2 years after grant and 1 year after exercise, so the period for long-term capital gains is longer. So companies that allow early exercise will often offer employees either NQSOs or ISOs, where you would choose NQSO if you intend to early-exercise, or ISO otherwise. If (hypothetically) that's what happened, then you chose wrong because you got NQSOs and didn't early exercise.\""}
{"_id": "193731", "title": "", "text": "Would be interesting to compare with how it used to work in the pre-internet days...  Newspapers: You paid for the physical object, the printing, the delivery. If you didn't pay, then you didn't get the object, you didn't get the content.  Radio, television: Free broadcasts, paid for by advertising. No paywall.  Cable, satellite: Pay for installation and subscription, which delivers content. If you didn't pay, no content.  The internet basically delivers content for free, so I'd think it's very difficult to implement a paywall, since you'll be undercut by others who are willing to deliver content for free (or something almost free). About the only caveat would be that delivering the internet itself isn't free, so if your content was attached to the ISP, it would be more similar to the newspaper / cable model than the radio / TV model."}
{"_id": "193750", "title": "", "text": "\"Man I fucking hate trump as much as and probably more than the next guy but good on you for being one of the few to follow the \"\"source\"\" all the way to the finish line. The downvotes mean nothing as I'm sure you're plenty aware.\""}
{"_id": "193766", "title": "", "text": "I won't think so. Too much trouble for the compliance and internal audit team. Unless you are moving money from Russia, Iran or those non-FATCA countries."}
{"_id": "193783", "title": "", "text": "For this, the internal rate of return is preferred. In short, all cash flows need to be discounted to the present and set equal to 0 so that an implied rate of return can be calculated. You could try to work this out by hand, but it's practically hopeless because of solving for roots of the implied rate of return which are most likely complex. It's better to use a spreadsheet with this capability such as OpenOffice's Calc. The average return on equity is 9%, so anything higher than that is a rational choice. Example Using this simple tool, the formula variables can easily be input. For instance, the first year has a presumed cash inflow of $2,460 because the insurance has a 30% discount from $8,200 that is assumed to be otherwise paid, a cash inflow of $40,000 to finance the sprinklers, a cash outflow of $40,000 to fund the sprinklers, a $400 outflow for inspection, and an outflow in the amount of the first year's interest on the loan. This should be repeated for each year.  They can be input undiscounted, as they are, for each year, and the calculator will do the rest."}
{"_id": "193785", "title": "", "text": "Sherif El-Refai is a pharmacist and member of the American Pharmacists Association. He attended the pre-pharmacy undergraduate program at the University of North Carolina at Chapel Hill. His main focus is to apply his education to a role as a pharmacist serving the needs of diverse patients while increasing his clinical and industry knowledge."}
{"_id": "193788", "title": "", "text": "&gt; Why should belief in markets be a disqualifying factor?  Nice change of topic.  &gt; Is belief in government a disqualifying factor for academics that produce pro-government work?  If they state that their goal is to produce pro-government work, then yes.  Aejones124, I've had enough for tonight.  I was really hoping you might be able to put forth some arguments better than free-market propaganda.  Maybe next time.  Have a good night."}
{"_id": "193790", "title": "", "text": "I'm a commodity trader. The only degree I had when I started trading was a BS in Bioinformatics from Loyola University Chicago.  If you take initiative and can sweet talk your way into an interview, that's all you need."}
{"_id": "193805", "title": "", "text": "\"I think that any ETF is \"\"open source\"\" -- the company issues a prospectus and publishes the basket of stocks that make up the index. The stuff that is proprietary are trading strategies and securities or deriviatives that aren't traded on the open market. Swaps, venture funds, hedge funds and other, more \"\"exotic\"\" derivatives are the things that are closed. What do you mean by \"\"open source\"\" in this context?\""}
{"_id": "193830", "title": "", "text": "You can sign over the check, of course. However, you'll probably need to deal with 1099 issued to you personally instead of the corporation later on. You'll have to add it to your tax return as income and negative income on the same line (line 21 of your 1040) and attach a statement explaining that the income was erroneously reported to you and will be reported on the corp form 1120. Another option is to return the check to the payer and ask them to reissue in the correct name. Next time, make sure to provide the properly filled W9 to your payers with the details of the corporation, not your own details."}
{"_id": "193832", "title": "", "text": "When a product is subsidised the consumer is not paying the true cost of the product.  Therefore, the consumer is purchasing the product for less than it costs to make.  All the aeroplane industries are subsidised in the world.  Therefore all planes are sold for less than what it cost to make.  Governments subside industries because they see the long-term benefits and the benefits outweigh the costs.  These benefits can be because of increased employment, investment in technology, a country's security or even national pride."}
{"_id": "193842", "title": "", "text": "You would need to pay tax on the 10% gain. Was this money loaned from your NRE account? Is there paperwork to show that there was this loan given? If yes then it would be easy to get this back into NRE account. Once in NRE account you can move this back to US without any issue. If not, then you can get this into NRO account. From NRO account you would need to consult a CA to do some paperwork [essentially certifying that you have paid all taxes due] so that funds can be remitted outside. Edit: Looks like you have completed all formalities. A credit to NRE Account can only happen from funds outside of India. However a credit from India into NRE account can happen under some circumstances, like Loan give and received back.  You would need a CA in India to help you complete the formalities. The tax is due in India as this was due to gain in India. As you are US resident for tax purposes, and US taxes global income, this is taxable in US as well. You can claim relief in US to the extent of taxes paid in India. India and US have DTAA."}
{"_id": "193850", "title": "", "text": "\"You most definitely can invest such an amount profitably, but it makes it even more important to avoid fees, um, at all costs, because fees tend to have a fixed component that will be much worse for you than for someone investing \u20ac200k. So:  Edit: The above assumes that you actually want to invest in the long run, for modest but relatively certain gains (maybe 5% above inflation) while accepting temporary downswings of up to 30%. If those \u20ac2000 are \"\"funny money\"\" that you don't mind losing but would be really excited about maybe getting 100% return in less than 5 years, well, feel free to put them into an individual stock of an obscure small company, but be aware that you'd be gambling, not investing, and you can probably get better quotes playing Roulette.\""}
{"_id": "193869", "title": "", "text": "&gt; Mostly it's about things like the origin of the graph though - look how many of the graphs on that page start in the mid fifties, not zero, thus magnifying things drastically.  I agree, I've made the argument with other graphs.  FWIW, That's what FRED does by default, so that you can see the differences due to their magnification."}
{"_id": "193876", "title": "", "text": "\"of course if you asked me to give you $24.4955 I can't. No, but if I asked you to give me $24.4955 and you gave me a piece of paper saying \"\"I O U $24.4955\"\", and then this happened repeatedly until I had collected 100 of these pieces of paper from you, then I could give them back to you in exchange for $2449.55 of currency. There's nothing magical about the fact that there doesn't happen to be a $0.001 coin in current circulation.  This question has some further information.\""}
{"_id": "193922", "title": "", "text": "\"I think this needs to be stressed a lot more if you ask me.  As a society, we seem to be falling into this weird paradigm where businesses somehow have a right to a profit and that is basically creating this odd sentiment that somehow \"\"burdening\"\" businesses with paying a decent wage and offering benefits is ruining business. If you ask me, all it is doing is ruining the businesses that aren't viable anyway.  If the only reason your business turns a profit is because you are gaming the part-time/full-time employment rules for cost cutting purposes, guess what? Your business deserves to fucking die. I think far too many \"\"business men\"\" feel entitled to profit and can't see that maybe it isn't how high their costs are, but how fucking little people want what they are selling.\""}
{"_id": "193938", "title": "", "text": "So how can I transfer money from his ATM card to my account ? Some bank's ATM allow you to transfer the money from ATM card to bank account using at ATM Machine. So if there is no ATM, you can't transfer money with just ATM card."}
{"_id": "193966", "title": "", "text": "well I appreciate everything you're doing! and no not 100k+ more in the neighborhood of something like 30-40k. and that's if I have to buy everything needed at face value. more than likely ill be able to bargain for bulk purchases for inventory. if you don't mind ill message you about what I had in mind."}
{"_id": "193986", "title": "", "text": "Martin has been (well, at least until now) live streaming his life pretty regularly.  Let's just say they'd *really* have to use artistic license to make it anywhere near as exciting. His lifestyle seemed to be mostly himself just sitting in his room, alone, dicking around on the internet and trolling people."}
{"_id": "193993", "title": "", "text": "He acts as an US agent. What economics works in US now will not work for India. We have to look at how US had economics in the early 1900s or post Depression since that is the point India is in. Given that, I doubt this guy has the capacity to go with Modi way and stand up against international banks. In general that is what my grip with Statistics and economics in general. It is your vintage armchair knowledge with little net positive impact on day to day lives of the average citizen."}
{"_id": "193998", "title": "", "text": "Nothing Bernie has said is new stuff  It has been done and tried in socialist countries 20 years ago like Venezuela  What makes America the powerhouse of the world is that it doesn't have any of the things implemented, (like other countries that are not nearly as strong as the US) that Bernie wants to implement   He's also a hypocrite because he's a rich old man who owns three mansions"}
{"_id": "194000", "title": "", "text": "I suggest you contact head of the company your are interested in, ask if he or she owns a controlling interest. If so offer to buy him out."}
{"_id": "194003", "title": "", "text": "Sure.  Even Milton Friedman called Hayek's economic work unreadable.  Much of the Austrian economic foundation rests without as solid of a  philosophical or mathematical foundation as most other schools of thought.  I suppose the easiest way to understand this is to look at three foundational works.  I recommend reading each of these anyways, but skimming, and paying attention to references, should give you a good idea of the varying levels of rigor introduced into each school of thought.  [Leaf through Das Kapital](http://books.google.com/books?id=6TfTS9ITW7UC&amp;printsec=frontcover&amp;dq=inauthor:%22Karl+Marx%22&amp;hl=en&amp;sa=X&amp;ei=NdrYT4yNCdLH6AHThdSoAw&amp;ved=0CE8Q6AEwAw#v=onepage&amp;q=inauthor%3A%22Karl%20Marx%22&amp;f=false) This is Marx's primary treatise.  It is far older than the following two that I will present.  Nevertheless, it, perhaps more than any other book, played a pivotal role in the 20th century.   [Leaf through A General Theory of Employment, Interest, and Money](http://books.google.com/books?id=xpw-96rynOcC&amp;printsec=frontcover&amp;dq=inauthor:%22John+Maynard+Keynes%22&amp;hl=en&amp;sa=X&amp;ei=LtrYT43YIamJ6QGuoL2cAw&amp;ved=0CDsQ6AEwAA#v=onepage&amp;q=inauthor%3A%22John%20Maynard%20Keynes%22&amp;f=false) This is the foundational work of the Keynesians.  There is much more here than simply the advice to increase government spending to stabilize demand during economic downswings.  And it has been probably the most widely accepted work by the greatest number of economists over the 20th century.     [Leaf through the Theory of Money and Credit] (http://books.google.com/books?id=hHnIHlCm_CcC&amp;printsec=frontcover&amp;dq=von+mises&amp;hl=en&amp;sa=X&amp;ei=59rYT4HbDKqG6QG2te2PAw&amp;ved=0CEsQ6AEwAw#v=onepage&amp;q=von%20mises&amp;f=false) This is the Austrian Treatise from Ludwig Von Mises.  It is the newest of the three.  It is also likely the least rigorous.  But please, judge for yourself.  Von Mises did do some more rigorous work in other areas.    But all schools of economics ultimately rest on their theory of capital.  So, before you pick which church to belong to, it's worth reading their respective bibles."}
{"_id": "194011", "title": "", "text": "&gt; Whether their members come to the gym or not doesn't matter; they still have to pay rent, labor, utilities, buy equipment, etc. Those costs don't change much if people subscribe and don't show up vs. subscribe and do show up.  This isn't strictly true.  There's a threshold at which enough of their members do show up to the gym that the facility and equipment aren't adequate."}
{"_id": "194014", "title": "", "text": "It's still is a problem because its illegal. Furthermore it has resulted in the decline of local businesses reliant on locals and not tourists.  Long term renters in areas that are not tourist dependent actually help the local area economically. It's actually vital.  No one is ripping off the landlord, the landlord gets a renter to host an illegal AirBNB location by subdividing a building or room well over capacity. This causes fire issues, clogs up elevators, behavior problems, etc etc. In my building they had to put up 7 notices on behavior, including partying, throwing trash out the window, smoking rules, pool abuse, making it actually a worser place to live. It's also negatively affecting the other people who own the apartment units they live in.  A building isn't a suitable hotel or BNB especially in big cities. I don't care if someone AirBNB's their spare room occasionally, but we're talking about AirBNB hosts who mass rent and then stuff 6 people into an apartment designed for 2 and then do it for many of the units in an apartment building. All of a sudden an apartment complex with 200 units designed for up to 500 people is suddenly host to 600+."}
{"_id": "194016", "title": "", "text": "Who the hell earns a billion a year? You might have assets equal to a billion but aside from a very few individuals, billionaires are usually +/- a small percentage of their net worth unless something drastic happens to businesses they own."}
{"_id": "194017", "title": "", "text": "To get the factors you want, start with a complete amortization calculator and a tax deduction calculator, filling in values for your down payment, purchase price, tax rates, and mortgage rate.  If you are talking about a specific property, you should be able to get taxes for the current year, and perhaps using historical values estimate taxes going out.  Some calculators will include PMI (which you should avoid like the plague in an actual purchase).  Given some preliminary data, you can calculate your insurance. So once you have your PITI (principal, interest, tax, and insurance) monthly payment and tax deduction, you can calculate how much you spend a month on the house minus the deduction. To estimate maintenance costs, you could either figure out about what you'd need to replace in the given time you plan to stay put and use a rough estimate on what it is.  You can also use some rough estimates like this (1% of the property value yearly!) or this (moving the number up to a whopping 2%). Don't forget closing costs as a buyer and seller.  You can find estimates for these as well, and they are a function of the purchase price (usually around 2%). So to figure out how much it costs you to live in a house for X months, you can do So your total cost is Total Return Is: You can adjust that total return for inflation using this calculator to get your total return adjusted for inflation.  If projecting into the future, you can try a formula found here. To figure out the return on your investment, use So to figure out the total return adjusted you need for a given ROI, find"}
{"_id": "194030", "title": "", "text": "\"Why do people keep talking about 401K's at work?  That is NOT dollar cost averaging.  DCA refers to when you have a large sum of money.  Do you invest it all at once or spread it out over several smaller purchases over a period of time?  There really isn't a \"\"when\"\" should I use it.  It is simply a matter of where your preferences lie on the risk/reward scpectrum.  DCA has lower risk and lower reward than lump sum investing.  In my opinion, I don't like it.  DCA only works better than lump sum investing if the price drops.  But if you think the price is going to drop, why are you buying the stock in the first place? Example: Your uncle wins the lottery and gives you $50,000.  Do you buy $50,000 worth of Apple now, or do you buy $10,000 now and $10,000 a quarter for the next four quarters? If the stock goes up, you will make more with lump-sum(LS) than you will with DCA. If the stock goes down, you will lose more with LS than you will with DCA. If the stock goes up then down, you will lose more with DCA than you will with LS. If the stock goes down then up, you will make more with DCA than you will with LS. So it's a tradeoff.  But, like I said, the whole point of you buying the stock is that you think it's going to go up! So why pick the strategy that performs worse in that scenario?\""}
{"_id": "194035", "title": "", "text": "You realize people are buying houses, and Lamborghini\u2019s with bitcoin?   Maybe if you for once stopped to think that the people involved in bitcoin can see value based off what it cost to generate and are more than willing to pay the price for one knowing that? But yeah we will go with your method bitcoin cost 6k to mine, sells for 5k and no way demand vs supply is going up from no new coins entering the market for 4 weeks."}
{"_id": "194052", "title": "", "text": "**Know your customer**  Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients. The term is also used to refer to the bank and anti-money laundering regulations which governs these activities. Know your customer processes are also employed by companies of all sizes for the purpose of ensuring their proposed agents, consultants, or distributors are anti-bribery compliant. Banks, insurers and export creditors are increasingly demanding that customers provide detailed anti-corruption due diligence information.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "194080", "title": "", "text": "I was asking myself the exact same thing.  And i have come to the conclusion that most of your money should be invested, In index etfs and maybe some bond etfs too.  If Inflation is about 2% and the interest you make in a savings account is less than 1%.  Your actually loosing money in a savings account.  Keep a few thousand bucks in your savings account and the majority invested and working for you."}
{"_id": "194086", "title": "", "text": "\"I didn't read the article because the Nobel Prize hasn't meant anything substantial in quite some time.  If \"\"winners\"\" of the prize advocate for UBI, then, what that really means is that the prize committee members like UBI (and other policies similar to it) and are selecting winners based on how these economists line up with the committees political beliefs.\""}
{"_id": "194090", "title": "", "text": "You can find a lot of information at the HRMC website at http://hmrc.gov.uk.  If you don't want to work as an employee, you can register as self-employed (basically a one-man band), which is quite simple, you can start your own company, which is more work but can have tax advantages, or you can find umbrella companies which will officially employ you while in reality you are a freelancer and only do your billing through them.  Umbrella companies can be anywhere from totally legal to extremely dodgy. If they promise you that you pay only five percent tax on your income through ingenious tricks, that's only until the tax office finds out and they will make you pay.  Between self-employed and your own company, the big difference is whether you are actually working independently or not. If you work like an employee (take someone else's orders) and claim you are a company, the tax office doesn't like that. And if you pay very little taxes, they don't like that either. So self-employed is the safer choice but you will pay more taxes, close to what a normal employee would pay. Obviously you will have to pay tax on your income and NHS insurance.  Obviously you are required to tell the government (actually HMRC) about your income. Not doing so would be tax evasion and get you into deep trouble when you are caught.  I don't think you have to tell them the source of your income, but not telling them might look very suspicious and might get your accounts checked carefully. And unless you design a website for the mafia, why wouldn't you tell them? The bill payer will try to deduct your bill from their profits anyway, so it's no secret.  Most important to remember: When you send out a bill and receive payment, you'll have to pay tax on it. When self employed, as a rule of thumb put one third away into a savings account for your tax bill. Don't spend it all or you will find yourself in deep trouble when your taxes need paying. Plus put some more away for times when you can't find work."}
{"_id": "194093", "title": "", "text": "What if I told you that Best Buy stores and the center that your laptop was sent to are completely different entities?  As a former employee, I knew about situations like this that happened to customers in my store.  Let me tell you that the employee behind the counter feels just a bad and helpless as you do when this stuff happens."}
{"_id": "194102", "title": "", "text": "If you really want to break into the industry you need to position yourself and skils in a way that indicates you can make money.  Start reading books on behavioral trading, quantitative trading, hone in your programming languages and most importantly learn how ECNs match trades.    Learning the background of ECNs is critical, its learning the internal workings how a electronic trading platform and how they match trades, what order the trades are submitted and matched by priority, what level of quotes you can buy or sell on...I mean the list goes on.    During my undergrad at XX, I completed a graduate level independent study on ECNs.  Taught me (myself) tons of valuable information, right when high freq trading was becoming big money.  My professor was awesome and totally pushed me to write more and learn more.  A company I followed at the time was a new entrant, called BATS, (better alternative trading systems) based in KC, they have a subsidiary known as TRADEBOT, which is their high freq trading platform which trades in house.  (I cant actually comment how they are connected, bc that was not in the scope of my studies)  However, I do not agree with high freq trading firms, and its only a matter of time before they become regulated due to Flash Crashes, models gone bad, limit order issues, etc.  BUT, there is tons of money in it if you know what you are doing.    For example, BATS is an exchange, which means they know ALL the orders for the liquidity they provide for orders, they see the price depth and liquidity of anything that trades on their exchange.  TRADEBOT can look at this data, and see who wants to trade what, then they execute on their knowledge of the market and make profitable moves.    More or less, think of a dealer at a casino, and you are a player at a black jack table.  The exchange is providing the transparency of the deck and you are allowed to place bets off that knowledge.  See how its fishy?  There is still lots of money in it, and it wont be regulated till it blows up and someone losses a shit load of money.  So go for it if its something that drives you.  Cheers,  Sol."}
{"_id": "194129", "title": "", "text": "Definitely, Elon is someone to admire and he definitely deserves a lot of credit for what he accomplished.   Tesla is worth about $50B, but remember another contributing factor to its success: the USA government is paying $7,500 for every car they make and sell."}
{"_id": "194136", "title": "", "text": "In the US, gift tax always falls on the donor, never the recipient, and gifts are not taxable income to the recipient. The IRS could raise questions if there is an employer-employee relationship between donor and recipient; your employer cannot give you money or property (e.g. a Rolex watch) or benefits (e.g. a house to live in rent-free) and claim that it is a gift, so that you do not have to pay income tax on that money.  But, your parents need to be careful; that $14K per person is the exemption for the whole year and once they give you that, anything extra (birthday present, Christmas present etc) is subject to gift tax (for them) though you can still enjoy your gifts without any tax issue."}
{"_id": "194155", "title": "", "text": "Unless you have an actual hardship (bankruptcy or other emergency), you will be better off leaving that money alone. This excellent answer, gives more than enough reasons why a withdrawal or loan is not recommended.  I would love some advice because I need to know if I should contribute more into my 401k or less. If your priority to purchase is high enough, it may be worth considering stopping 401k contributions for a short time to help pile up a down payment.  I also encourage you to consider that if you cannot pool the money from non-retirement sources, then you cannot afford that much house at this time. This might mean looking for cheaper houses or delaying purchase for a number of years."}
{"_id": "194157", "title": "", "text": "And who said high finance isn't criminal half the time? Did any one important go to jail for inflating the housing market and defrauding people in 2008? Of course not...  But back to your point about paying people a lot of money to save lives which is repeated ad nauseam. It isn't relevant because it assumes smart people only discover things to make a lot of money. Ya go tell that to academics who spend their lives in labs etc discovering things and building science from the ground up, I wonder how much they get paid vs. pharma execs.   And even if it proves true to some people I think most would agree that say doctors and drug inventors who actually save lives should be paid well but that's not the people we are dealing with here. We are dealing with financial vultures who just make money off of this because they can and nobody is there to regulate them."}
{"_id": "194158", "title": "", "text": "ok, former background is in b2b sales. mostly tech related.  if it was me personally, I'd focus as much (if not more) on making as many friends as you can in the logistics / transport world. Tech or executives.   Buy them coffees. Ask for their opinion. Make friends. Make friends with their friends. Get into as many industry / trade events and ask what people think. follow up with them regularly. Just get to know as many people as possible that might be interested in what you do and get interested in what they do.  Marketing is awesome, but IMHO friends can get you further. Especially in a smaller industry. Get a few on a really solid beta, get some friends loving it, then marketing is much easier...  an other thing to consider is selling the service through a company that already has a lot of those relationships in place. So instead of trying to run your own marketing / advertising campaign, you pay out a commission to some company that already has salespeople and relationships in almost every business. An example is a company called EFI (http://w3.efi.com/) they make really good graphics controllers for high end graphic arts printers (like you'd find in a print shop). But they try to sell to print shops directly, instead they focus most of their marketing on having the salespeople at Xerox, Ricoh, Canon, Konica-Minolta, and other print-related companies sell their products for them / with their own products. Different than what you're doing but hopefully it's a parallel example.  Just an example. Hope it helps."}
{"_id": "194159", "title": "", "text": "Another possible reason for this is to benefit the servers. When patrons pay with a credit card, they usually tip on the credit card too. If patrons are more likely to pay with cash, then the servers will get more cash tips. Even if the restaurant is completely honest with their books, the servers may not be. Having a restaurant where tips are mostly cash might attract better servers, or perhaps enable the owner to pay servers slightly less than otherwise."}
{"_id": "194167", "title": "", "text": "\"If wire transfer through your bank does not work then perhaps one of the more popular money transfer services may be what you are looking for such as MoneyGram or Western Union. Now these rely on a trusted \"\"registered\"\" third party to do the money transfer so you need to make sure that you are working with a legitimate broker. Each money transfer service has a site that allows you to perform the search on registered parties around your area. There are certain fees that are sometimes applied due to the amount being transferred. All of these you will want to do some detailed research on before you make the transfer so that you do not get scammed.   I would suggest doing a lot of research and asking people that you trust to recommend a trusted broker.  I have not personally used the services, but doing a quick search brought many options with different competitive conversion rates as well as fees. Good luck.\""}
{"_id": "194173", "title": "", "text": "Here's a brief history of the car industry: in the late 1800s and early 1900s, there was a real competition between electric cars and internal-combustion cars. No clear winner. Electric cars were super reliable, quite, no maintenance and simple to make. But can be driven for a shorter distance only. Gas cars where the exact opposite: long range, but totally unreliable, complicated, noisy, dirty, complicated to make.  With service stations to exchange batteries, already in the late 1800s, the electric car would be a huge winner.  But the government was smart! And I mean it!  Electric cars needs very few jobs and manufacturing: few parts to manufacture, no maintenance crew, and since they can last forever, very few of them are needed to be produced every year.  So, on purpose, the government promoted the gas car, creating millions of jobs, 1000s of manufacturing companies, economy of the need to replace the car every 5-10 years, etc.  That's it.  Last comment: an electric car should be dirt cheap to make! It needs one cheap electric engine, batteries and a pedal connected to a switch. How come Tesla cars are so expensive? Think about it for a moment."}
{"_id": "194181", "title": "", "text": "And most wealth is squandered by the third generation. Someone has to become independently wealthy for the cycle to start over. Many will read this headline and use it as an excuse for their own lack of will to succeed. Someone had to succeed independently at some point, to earn the original wealth."}
{"_id": "194199", "title": "", "text": "You are not allowed to take a routine 401(k) withdrawal each year. There are specific reasons that you might be allowed to take a withdrawal and what you're proposing doesn't fit into those categories."}
{"_id": "194217", "title": "", "text": "\"If I invest in individual stocks I will, from time to time, sell stocks that aren't performing well. If the value of my portfolio has gone up by 10%, then the value of my portfolio has gone up by 10%, regardless of whether selling those stocks is labeled as \"\"delete[ing] failures\"\". Same thing for mutual funds: selling underperforming stocks is perfectly ordinary, and calling it \"\"delete[ing] failures\"\" in order to imply some sort of dishonesty is simply dishonest.\""}
{"_id": "194240", "title": "", "text": "\"One idea: If you came up with a model to calculate a \"\"fair price range\"\" for a stock, then any time the market price were to go below the range it could be a buy signal, and above the range it could be a sell signal. There are many ways to do stock valuation using fundamental analysis tools and ratios: dividend discount model, PEG, etc. See Wikipedia - Stock valuation. And while many of the inputs to such a \"\"fair price range\"\" calculation might only change once per quarter, market prices and peer/sector statistics move more frequently or at different times and could generate signals to buy/sell the stock even if its own inputs to the calculation remain static over the period. For multinationals that have a lot of assets and income denominated in other currencies, foreign exchange rates provide another set of interesting inputs. I also think it's important to recognize that with fundamental analysis, there will be extended periods when there are no buy signals for a stock, because the stocks of many popular, profitable companies never go \"\"on sale\"\", except perhaps during a panic. Moreover, during a bull market and especially during a bubble, there may be very few stocks worth buying. Fundamental analysis is designed to prevent one from overpaying for a stock, so even if there is interesting volume and price movement for the stock, there should still be no signal if that action happens well beyond the stock's fair price. (Otherwise, it isn't fundamental analysis \u2014 it's technical analysis.) Whereas technical analysis can, by definition, generate far more signals because it largely ignores the fundamentals, which can make even an overvalued stock's movement interesting enough to generate signals.\""}
{"_id": "194244", "title": "", "text": "skills and ATL, not often used in one sentence.   this might sound racist, which I'm seriously not but out of experience if I hear a black person on the support line with an ATL swing in their voice, I hang up until I hear someone with an Indian accent."}
{"_id": "194260", "title": "", "text": "I do that.  And to preface I truly don't understand what steps mods take to block spam.  But it does seem like some subreddits are harder to submit to than others.  So if this subreddit is doing something different to filter spam, and good posts are currently being blocked in high numbers while spam gets through, maybe something needs to be altered?"}
{"_id": "194262", "title": "", "text": "At the present time, businesses are facing serious threat from various sources. This is needless to say that, if there is a new brand wants to occupy a small space in market, it has to make an elusive effort while there are different brands have already taken their places."}
{"_id": "194268", "title": "", "text": "\u2022According to this website: If NRI return to India with the intention of permanently residing in India, the assets brought by him will be exempt. Also, the money and the assets acquired from the money, brought by NRI within one year after his return, will be exempt. This exemption is available to NRI for a period of seven years after his return to India. [Sec. 5(1)(v)] I think you have got the essense. If you are returning for good, you can bring all your money earned outside of India into India tax free. The time period is 7 years. Post this whatever amount you bring in will be taxable. There is nothing specific in Indian Tax laws on the treatment to Retirement funds outside of India. If the amounts are large, its best if you consult a CA for advise."}
{"_id": "194279", "title": "", "text": "\"I find it interesting that you didn't include something like [Total Bond Market](http://stockcharts.com/freecharts/perf.html?VBMFX), or [Intermediate-Term Treasuries](http://stockcharts.com/freecharts/perf.html?VBIIX), in your graphic.   If someone were to have just invested in the DJI or SP500, then they would have ignored the tenants of the Modern Portfolio Theory and not diversified adequately.  I wouldn't have been able to stomach a portfolio of 100% stocks, commodities, or metals.  My vote goes for: 1.) picking an asset allocation that reflects your tolerance for risk (a good starting point is \"\"age in bonds,\"\" i.e. if you're 30, then hold 30% in bonds); 2.) save as if you're not expecting annualized returns of %10 (for example) and save more; 3.) don't try to pick the next winner, instead broadly invest in the market and hold it.  Maybe gold and silver are bubbles soon to burst -- I for one don't know.  I don't give the \"\"notion in the investment community\"\" much weight -- as it always is, someday someone will be right, I just don't know who that someone is.\""}
{"_id": "194280", "title": "", "text": "Several taxpayers are in target as per the reports of hackers supposedly, there was an error in the calculating of tax and a refund which has been claimed to be issued. Victims of this kind of attack will be directed to a net banking login page where their username and password is recorded."}
{"_id": "194286", "title": "", "text": "And that's why you should really try to be yourself. If they don't want to spend 40 hours a week with you, the chances are that you wouldn't really enjoy your time there either. Now, if you pretend you are someone else, it may just be that they like that person. But that's not you... and you end up spending 40 hours a week with morons."}
{"_id": "194308", "title": "", "text": "Well, if you were a business, and your food and rent and travel expenses were business expenses, and you paid out less money than you earned, you *would* get a refund.  If you can prove that an expense is tax deductible, then that's just what it is.  For businesses, a net operating loss is tax deductible."}
{"_id": "194319", "title": "", "text": "\"Yes, there are situations where a stock is a bad buy in spite of a low PE. PE ratio tells you the current share price divided by the prior 4 quarters earnings per share. It does not consider: Imagine someone walked up to you and said, \"\"Do you want to buy a piece of my business? I'll sell you 1% of it for $1000. Last year the business earned $25000.\"\" A quick calculation shows a PE of 4 [$1000/($25000 *.01)]. Even though this PE is comparatively low, you wouldn't buy in without a lot more info. What kinds of things might you ask? PE is one tiny component of an informed investment decision.\""}
{"_id": "194322", "title": "", "text": "tl;dr: Unfortunately, there is little available to the retail investor that fits your description. Institutional investors can use swaps to gain leverage on the above trade.  A bank will build a basket of long MSFT and short SPY and then quote a rate against LIBOR (London Interbank Offered Rate) and a margin requirement.  So at the end of the swap the bank will pay the difference in total return between MSFT and SPY and the investor will pay some amount of cash back.  The nice thing for the investor is that the margin requirement will often be fairly small if their credit is good so the investor can lever the trade up significantly. A retail investor could call up your broker and try to get the above but on the off chance they let you the margin requirement might be higher than just going short the SPY. If you aren't a retail investor, you might be able to do something like be long a 3X tech ETF and short 3X SPY ETF.  If you are very clever you might be able to combine multiple levered tech ETFs to get something like 3X MSFT.  However, I would strongly caution against levered etfs for most retail investors as the fees are high and levered etfs tend to strongly drift away from the index against the investor over anything but the shortest time periods."}
{"_id": "194326", "title": "", "text": "Holy shit, there are so many experts in here!  The banks change software with physical access to the ATM, the type of access the public doesn't have without breaking into it and setting off an alarm.  And you linked a 4 year old article.  You think all ATM machines are still that vulnerable to physical attack?    I don't know where you live, but ATM machines here are very new.  And even if they run Windows XP, so what."}
{"_id": "194335", "title": "", "text": "To understand this fully one would need to understand quite a few things. Not in scope here. In short, whenever China sells goods to US, it gets USD as most of the trades are in USD. China uses this money to buy other things it needs like Oil etc. After this they still have quite a bit of USD left with them. The money is left with them because US is buying more things from China and selling less things to China. This creates a surplus USD with China. So if US were to borrow money from China or any other country, it would be this excess money. Ofcourse how money gets created in first place is a different topic altogether."}
{"_id": "194356", "title": "", "text": "Hey a project I'm working on is collecting data on people like you.  If you have a great idea that's been bouncing around in your head for ages, this is the time to make it a reality. If you don't have an idea but want to pick up a side project that could turn into the next big thing, this is also the place.  Here's how it works.  **If you have an idea**  1. Fill out [this Google form](https://goo.gl/forms/vD4iUY16GYoNsBTm1). The form asks about your idea, as well as your skill set (only one is required, but the more the better) and a couple questions about your interests. 2. We will reach out to you in the near future to connect you with a group of likeminded individuals with complementary skillsets who can help you launch your company. This information will be emailed to you.  **If you want to join a project**  1. Fill out [this Google form](https://goo.gl/forms/GAAiX93RVu9xvRpY2). The form asks about your skill set (only one is required, but the more the better) and a couple questions about your interests. 2. We will reach out to you in the near future with ideas you might be interested in and people with similar interests but complementary skill sets. This information will be emailed to you.  Thank you for your input, we hope to be in contact soon."}
{"_id": "194359", "title": "", "text": "I don't know what restrictions are put on the average employee at your company. In my case, we were told we were not permitted to either short the stock, or to trade in it options.  That said, I was successful shorting the exact number of shares I'd be buying at the 6 month close, the same day the purchase price would be set. I then requested transfer of the stock purchase to my broker where the long and short netted to zero.  The return isn't 15%, it's  100/85 or 17.6% for an average 3 months they have your money. So do the math on APR. (Higher if the stock has risen over 6 months and you get the lower price from 6 months prior.) My method was riskless, as far as I am concerned. I did this a dozen times. The stock itself was +/- 4% by the time the shares hit, so in the end it was an effort, mostly to sleep better. I agree with posts suggesting the non-zero risk of a 20% 4 day drop."}
{"_id": "194363", "title": "", "text": "You can't get there from here.  This isn't the right data.  Consider the following five-year history:  2%, 16%, 32%, 14%, 1%.  That would give a 13% average annual return.  Now compare to -37%, 26%, 15%, 2%, 16%.  That would give a 4% average annual return.   Notice anything about those numbers?  Two of them are in both series.  This isn't an accident.  The first set of five numbers are actual stock market returns from the last five years while the latter five start three years earlier.  The critical thing is that five years of returns aren't enough.  You'd need to know not just how you can handle a bull market but how you do in a bear market as well.  Because there will be bear markets.   Also consider whether average annual returns are what you want.  Consider what actually happens in the second set of numbers:   But if you had had a steady 4% return, you would have had a total return of 21%, not the 8% that would have really happened.  The point being that calculating from averages gives misleading results.  This gets even worse if you remove money from your principal for living expenses every year.   The usual way to compensate for that is to do a 70% stock/30% bond mix (or 75%/25%) with five years of expenses in cash-equivalent savings.  With cash-equivalents, you won't even keep up with inflation.  The stock/bond mix might give you a 7% return after inflation.  So the five years of expenses are more and more problematic as your nest egg shrinks.  It's better to live off the interest if you can.  You don't know how long you'll live or how the market will do.   From there, it's just about how much risk you want to take.  A current nest egg of twenty times expenses might be enough, but thirty times would be better.  Since the 1970s, the stock market hasn't had a long bad patch relative to inflation.  Maybe you could squeak through with ten.  But if the 2020s are like the 1970s, you'd be in trouble."}
{"_id": "194374", "title": "", "text": "Understood. There's no way to tell what enhancements will be available or what they'll cost, though. They will probably be too much for almost all of the world's population. They could be widely available to the middle class, but what if only the 1% can afford them, and they offer significant enhancements? Look how much power and money the 1% have now; imagine that they're also enhanced such that nobody in the 99% can keep up?"}
{"_id": "194379", "title": "", "text": "Got it, thanks, just a few more quick questions  What's the appropriate color for an interview suit? Is a black suit a no-go? I had another interview a few days ago and wore a black suit with black chinos (maybe this is a no-go) but saw everyone else had gray suits on.  How much to spend for a suit? 300-400?"}
{"_id": "194382", "title": "", "text": "Use the $11k to pay down either car loan (your choice). You should be able to clear one loan very quickly after that lump sum. After that, continue to aggressively pay down the other car loan until it is clear. Lastly, pay off the mortgage while making sure you are financially stable in other areas (cash-on-hand, retirement, etc) Reasoning: The car loans are very close in value, making it a wash as far as payoff speed. The 2.54% interest is not a large factor here. As a percentage of all these numbers, the few bucks a month isn't going to change your financial situation. This is assuming you will pay off both loans well ahead of schedule, making the interest rate negligible in the answer. Paying off the mortgage last is due to the risk associated with the car loans. The cars are guaranteed to lose value at an alarming rate. While a house certainly may lose value, it is far from an expectation. It is likely that your house will maintain and/or increase in value, unless you have specific circumstances not disclosed here. This makes the mortgage a lower risk loan in your financial world. You can probably sell the house to clear the loan balance if necessary. The cars are far more likely to depreciate beyond the loan balance."}
{"_id": "194404", "title": "", "text": "Yes you can. it's called Odd Lot"}
{"_id": "194429", "title": "", "text": "\"i dont know how they would buy *term* policies though, i suppose there is an actuarial value to the policy (ie. you might die during the policy term).  A lot of these polices are \"\"10 year term\"\" or something like that, so the actuarial value might be significant. (a lot of people get these who cant get whole life or cant afford to get it, with the health problems they now have).  Something tells me these transactions are not very advantageous to the insured (especially since i've seen them heavily advertised on channels my mom tends to watch)\""}
{"_id": "194437", "title": "", "text": "&gt;Facebook is going down hill as a site. It's constantly cluttered with ads on the news feed,  Not just ads, friends' likes, which you can't shut off. It's becoming unusable to me. I counted the other day - there were 22 statuses or pictures from people I DON'T EVEN KNOW because a friend that I know clicked like on that status/pic. Interspersed with ads, it takes forever to see anything I care about, and I'm ready to be done with it."}
{"_id": "194444", "title": "", "text": "I second (or fifth?) the answers of the other users in that this should have been foreseen and discussed prior to entering the partnership.  But to offer a potential solution: If the mortgage company allows you to assume the whole mortgage (big if) you could buy the other partner out. To determine what a fair buyout would be, take the current value of the house less the remaining mortgage to get the current equity. Half that is each partner's current gain (or potentially loss), and could be considered a fair buyout. At this point the partner realizes any gains made in the last 5 years, and from now on the whole house (and any future gains or losses) will be yours. Alternatively your partner could remain a full partner (if s/he so desires) until the house sells. You would see the house as a separate business, split the cost as you have, and you would pay fair market rent each month (half of which would come back to you). A third option would be to refinance the house, with you as a sole mortgage holder. To factor in how much your partner should receive out of the transaction, you can take his/her current equity and subtract half of the costs associated with the refi. I would also recommend both of you seek out the help of a real estate lawyer at this point to help you draft an agreement. It sounds like you're still on good terms, so you could see a lawyer together; this would be helpful because they should know all the things you should look out for in a situation like this. Good luck!"}
{"_id": "194466", "title": "", "text": "But there isn't anything the farmers can do about that - it is the middle guy - the milk processors and stores that set the prices. Government subsidies boost the producter-farmer's wage - without that there would likely be no organized dairy industry. It seems that there's no flexibility in the system anymore."}
{"_id": "194475", "title": "", "text": "Honestly, you aren't applying for a financial job. You're not expected to really have any financial knowledge at all. You're being hired to be extremely well-organized, well put together, intelligent and confident.   Make sure in the interview you do everything to live up to their expectations.   Well structured resume and professional resume, pressed suit, stand up straight and talk with confidence.   You can do this! :)"}
{"_id": "194486", "title": "", "text": "\"I dunno about the economic miracle, to be honest. Count me among the skeptics. China seems like they're in the position to have the government build dozens of \"\"cities\"\" and artificially inflate economic data. If they cooked their books, no one would know the difference since I'm unaware of any reliable source or organization that would have the necessary access to their records.  Edit: Instead of just downvoting, please respond with some sort of rebuttal.\""}
{"_id": "194540", "title": "", "text": "I disagree - cops should be able to work overtime.  It is a great way to bring in a little extra money - and I would rather have a cop working overtime than taking a bribe or moonlighting for a security service when they need a little extra money."}
{"_id": "194557", "title": "", "text": "Are there any (monthly) administrative fees on those loans that are charged separately? If not, you should just pay as much as you can as quick as you can to get the loan amount down on those loans with the highest interest rate. If there are no separate fees on the loans, then it's just a lump of money with some interest rate. The smaller loans will eventually drop away one by one, have a celebration to remark the occasion when that happens. I assume the payment is split evenly between the loans? Restructure if you get a better deal from someplace.  Delay buying new stuff until you get the loan amount down. Pay as much as you can as quickly as you can, but keep enough money in your pocket to survive a month or two, so that you don't need to get any more loans in case something unexpected happens."}
{"_id": "194561", "title": "", "text": "There is no chance the deal will complete before option expiration. Humana stock will open Monday close to the $235 buyout price, and the options will reflect that value. $40 plus a bit of time value, but with just 2 weeks to expiration, not much."}
{"_id": "194563", "title": "", "text": "\"Here's what my wife and I did. First, we stopped using credit cards and got rid of all other expenses that we absolutely didn't need.  A few examples: cable TV, home phone, high end internet - all shut off.  We changed our cell phone plan to a cheap one and stopped going out to restaurants or bars.  We also got rid of the cars that had payments on them and replaced them with ones we paid cash for.  Probably the most painful thing for me was selling a 2 year old 'vette and replacing it with a 5 year old random 4 door.   Some people might tell you don't do this because older cars need repairs.  Fact is, nearly all cars are going to need repairs.  It's just a matter of whether you are also making payments on it when they need them and if you can discipline yourself enough to save up a bit to cover those. After doing all this the only payments we had to make were for the house (plus electric/gas/water) and the debt we had accumulated.  I'd say that if you have the option to move back into your parent's house then do it.  Yes, it will suck for a while but you'll be able to pay everything off so much faster.  Just make sure to help around the house. Ignore the guys saying that this tanks your score and will make getting a house difficult.  Although they are right that it will drop your score the fact is that you aren't in any position to make large purchases anyway and won't be for quite some time, so it really doesn't matter.  Your number one goal is to dig yourself out of this hole, not engage in activity that will keep you in it. Next, if you are only working part time then you need to do one of two things.  Either get a full time job or go find a second part time one.  The preference is obviously on the first, which you should be able to do in your spare time.  If, for some reason, you don't have the tech skills necessary to do this then go find any part time job you can.   It took us about 3 years to finally pay everything (except the house) off - we owed a lot.  During that time everything we bought was paid for in cash with the vast majority of our money going to pay off those accounts. Once the final account was paid off, I did go ahead and get a credit card.  I made very minor purchases on it - mostly just gas - and paid it off a few days before it was due each month.  Every 4 months they increased my limit.   After around 18 months of using that one card my credit score was back in the 700+ range and with no debt other than the mortgage. *note: I echo what others have said about \"\"Credit Repair\"\" companies.  Anything they can do, you can too.  It's a matter of cutting costs, living within your means and paying the bills.  If the interest rates are killing you, then try to get a consolidation loan.  If you can't do that then negotiate settlements with them, just get everything in writing prior to making a payment on it if you go this route.  BTW, make sure you actually can't pay them before attempting to settle.\""}
{"_id": "194574", "title": "", "text": "\"&gt;That's where you are wrong, kiddo. I've got a minor in economics, and a BBA/MBA in Finance. You are talking to a guy that is both more educated than you on the topic and actually works with low-income people more often than you.  One, I don't give a shit, and, two, you have no idea how much education I have or what I've done. But you still can't grasp the concept that statements like this mean nothing, have no bearing on whether your right or not, and is the equivalent of \"\"I'm older so I'm right.\"\" However, if you were economist, then I'd actually care about your experience.  &gt;Liberals outweigh conservatives by a wide margin in academics. It's fairly obvious why when you dive into it. Want research funding? There has to be a problem. Suggesting that the market is sorting out wages already and that there is no need for a minimum wage won't get you paid. You have to make bogus studies like the one you provided, which gets regurgitated in hundreds of forms by similarly desperate professors.  Oooh shitting on the academic community because they don't agree with your views. Someone's been drinking the kool-aid of Breitbart and other extreme right-wing new sources. I've heard this argument before. It's the classic, \"\"I'll come up with anything to justify my views and explain facts I don't like.\"\" Are you into conspiracy theories by the way?   Besides, there is no proof of your last claim. But you are right, that academics lean liberal. Funny though how the intelligent people that go through years of schooling, get Ph.D's, and base their ideas and degrees off scientific research lean liberal and not conservative... And yet conservatives come up with any way they can to explain that inconvenient fact, with zero proof of course.  [http://www.epi.org/minimum-wage-statement/](http://www.epi.org/minimum-wage-statement/)  I know you don't like academics that disagree with you and love to think that your \"\"experience\"\" means you are correct. Here is a letter from over 600 economists, many of which are from top universities, that a for raising the minimum wage. So while you are being smug and all \"\"I have more experience than you,\"\" these people, that way surpass any experience you have in this realm, all agree that you are wrong.  &gt;Dumb people get elected. Bad decisions get passed.  I know. Just look at Texas.  &gt;You've read a study done by a guy in another state who has never hired of managed low wage employees telling you all about life. Okie dokie. You've got it!  I've ready plenty of studies, but whatever. You are the one that lives in an echo chamber that despises intelligent thought when it disagrees with your beliefs.  &gt;Work on those logical fallacies, I don't think you could follow any of the arguments I made anyways, but I don't have the time to retype it all out.  Ha. Here you are being a dick, yet I followed everything you said regarding logical fallacies and proved you were wrong. You are just too prideful to admit it.  Have a nice night.\""}
{"_id": "194584", "title": "", "text": "\"I love that gawker will criticize people for doing this \"\"all to save a measly five bones\"\", but expects people will do the same thing \"\"if it's a Target, Walmart or American Apparel\"\" on their say-so.  In other news, I can't believe I actually clicked on a gawker link\""}
{"_id": "194586", "title": "", "text": "&gt; Sure: right after you pay for all things that one NEEDS. What is left over should be for WANTS.  I don't think you really understood what I said. The basic needs of a people should be met by their government. Particularly as the world rushes towards an automated workplace."}
{"_id": "194590", "title": "", "text": "N\u00e4r man reser mycket med jobbet best\u00e5r resandet inte enbart av flyg \u00e5t h\u00f6ger och v\u00e4nster - man m\u00e5ste \u00e4ven ta sig till flygplatsen och tillbaka. Ett flyg v\u00e4ntar inte p\u00e5 en, s\u00e5 tiden ligger i fokus h\u00e4r och man vill inte alltid \u00e4ventyra med kollektivtrafik eller t\u00f6mma pl\u00e5nboken f\u00f6r en taxiresa. D\u00e4rf\u00f6r \u00e4r det m\u00e5nga som v\u00e4ljer att ta bilen. http://www.parkairporthotel.se/"}
{"_id": "194605", "title": "", "text": "There are a few situations in which it may be advantageous to exercise early. Wikipedia actually has a good explanation: Option Style, Difference in value To account for the American's higher value there must be some   situations in which it is optimal to exercise the American option   before the expiration date. This can arise in several ways, such as: An in the money (ITM) call option on a stock is often exercised just   before the stock pays a dividend that would lower its value by more   than the option's remaining time value.  A put option will usually be   exercised early if the underlying asset files for bankruptcy.[3]  A deep ITM currency option (FX option) where the strike currency has a   lower interest rate than the currency to be received will often be   exercised early because the time value sacrificed is less valuable   than the expected depreciation of the received currency against the   strike.  An American bond option on the dirty price of a bond (such as   some convertible bonds) may be exercised immediately if ITM and a   coupon is due.  A put option on gold will be exercised early when deep   ITM, because gold tends to hold its value whereas the currency used as   the strike is often expected to lose value through inflation if the   holder waits until final maturity to exercise the option (they will   almost certainly exercise a contract deep ITM, minimizing its time   value).[citation needed]"}
{"_id": "194609", "title": "", "text": "If by tariff you mean a tax on foreign cars being sold within the US, then that's kind of a crappy idea too. That's still going to stifle competition and prop up the US auto industry, except now people won't be able to afford the better cars. Forcing US consumers to buy domestic cars won't make domestically made cars any better, it'll make them worse.  Subsidizing an industry that's huge and has a high barrier to entry isn't a bad idea as long as you foster competition within that industry. At some point though, you have to cull the companies that fail to innovate and bring in new ones.  Also, where do you put the tariff? What if you have a car that's assembled domestically, out of parts that are shipped over seas? What if a car is 100% made in the US by a company that's owned over seas?"}
{"_id": "194634", "title": "", "text": "\"LOL!!!!! \"\"us\"\" is probably you and couple of other insane lefty liberals losers.  \"\"us\"\" does not include the majority of Americans who voted for Trump, and even more Americans now who see how great Trump is.  Yes, most Americans voted for Trump! Deal with it!\""}
{"_id": "194637", "title": "", "text": "No, you probably do not need to file a tax return if you received no income, and if you meet a number of other criteria. The below is copied and pasted, slightly edited, from the CRA: You must file a return for 2014 if any of the following situations   apply: You have to pay tax for 2014. We sent you a request to file a return. You and your spouse or common-law partner elected to split pension   income for 2014. See lines 115, 116, 129, and 210. You received working income tax benefit (WITB) advance payments in   2014. You disposed of capital property in 2014 (for example, if you sold   real estate or shares) or you realized a taxable capital gain (for   example, if a mutual fund or trust attributed amounts to you, or you   are reporting a capital gains reserve you claimed on your 2013   return). You have to repay any of your old age security or employment insurance   benefits. See line 235. You have not repaid all amounts withdrawn from your registered   retirement savings plan (RRSP) under the Home Buyers\u2019 Plan or the   Lifelong Learning Plan. For more information, go to Home Buyers' Plan   (HBP) or see Guide RC4112, Lifelong Learning Plan (LLP) or You have to   contribute to the Canada Pension Plan (CPP). This can apply if, for   2014, the total of your net self-employment income and pensionable   employment income is more than $3,500. See line 222. You are paying employment insurance premiums on self-employment and   other eligible earnings. See lines 317 and 430. In general, you will want to file a tax return even if none of the above applies. You could, for example, claim a GST/HST credit even with no income. Now, if you receive any income at all, you are going to have to pay taxes, which means you are obligated to file a tax return. If sufficient taxes were deducted from your paycheque, you are still obligated to file a tax return. However, you will not have to pay penalties if you file late, even if you file very late, at least not until the CRA sends you a request to file. But be aware, you won't likely be able to tell if you owe the CRA money until you do your taxes, and if you do end up owing, there are substantial penalties for filing late. In general, I'd strongly advise filing your tax return in almost all circumstances."}
{"_id": "194641", "title": "", "text": "\"Not sure I fully understand your question but my take on it is this: There a lot of people out there that admire companies and own the stock just because they like the company. For example, I know some kids who own Disney stock. They only have a share or two but they keep it because they want to say \"\"I own a part of Disney.\"\"  Realistically speaking, if they hold or sell the stock it is so minuscule to have any realizable affect on the overall value of the stock which does not really make the company look better from an investor perspective. However, if a company has people that just want to own the stock just like your uncle are indeed \"\"better\"\" because they must have provided a product or service that is valued intrinsically.\""}
{"_id": "194644", "title": "", "text": "frontrowsplorts has this market cornered for streaming, although it continues to be shut down.  ESPN has been streaming the NBA playoffs though which is awesome since I have the most basic cable TV package  I hadn't even had my TV plugged in since NFL ended until the stanley cup began last week"}
{"_id": "194654", "title": "", "text": "I believe that recharacterizing a contribution for a given year can only be done before the tax filing deadline for that year. So it would be too late to recharacterize them now. At this point, I believe the only things you can do are (see What if You Contribute Too Much?): The implications are not at the time of retirement -- rather, the implications are that every year since the excess contribution, you have to pay a penalty of 6% of the excess contribution, until you take it out (or it is absorbed into a future year's contribution limit). If you haven't been reporting that penalty on your tax returns in the last few years since your contribution, that also means you have been underpaying your taxes and you need to go back and fix that."}
{"_id": "194668", "title": "", "text": "&gt; They are outsourcing R &amp; D and just buying innovation  Yeah that was the impression I got, but it seems unsustainable!  I have to wonder what their horizon is like for breaking even on their investment. And since the barrier to entry for a new dating app/service is relatively low, it seems like a huge risk given how easily a new startup could skim off their user base.  Unlike Facebook which has infiltrated all aspects of peoples' lives, dating apps have a very narrow focus, and users can get sick of any given app very quickly."}
{"_id": "194669", "title": "", "text": "\"While you want it to grow faster than inflation, there are things like I-bonds that can carry some inflation protection with them for an idea that may make sense for part of this. There are now some more details and I'd think this seems alright initially though I would suggest considering having some kind of on-going plan to handle periodically seeing how much more to invest here and what kind of taxes will this generate for you as taxable accounts can carry a mix of dividends, interest and capital gains that you may have to pay even though you didn't see the gain yourself. Keep in mind that if you do go with a big-name investment bank, this could well add more fees as well as other stuff.  Lehman Brothers was a big name investment bank once upon a time and they went broke.  While you may want to be hands-off, I'd still suggest having some kind of timeline for how often are your investments to be reviewed and things re-allocated.  Each quarter, semi-annually, or annual?  There isn't so much a right or wrong answer here as much as I'd point out that one should be aware of the trade-offs in each case.  If you take annual and wonder each week how it is doing, then something a bit more frequent may make sense.  On the other hand, some people may well \"\"set it and forget it\"\" which can work as long as there is something to know about where to go if something does go broke.  As these are managed investments, the SIPC check I'd make may not hold though this would be the equivalent of FDIC for deposits when dealing with securities. The REIT can be useful for diversification, sure.  You do realize that there may be some interesting taxes for you in the next few years given the nature of a REIT investment, right?  The \"\"Return of Capital\"\" that a REIT may pass through as a REIT to maintain its tax status must distribute 90% of its net income each year that can be quite a off shoot of funds.  Where would those proceeds be invested?  This isn't mentioned in your post and thus I'm curious as if the REIT passes out a dividend yield of say 5% then this is $2,000/year that could go somewhere.\""}
{"_id": "194682", "title": "", "text": "Rather than using the Human Development Index or Ease of Doing Business, if you primary purpose is for investments, you need to consider the Country rating provided by various agencies like  These would tell as to how good the country is for investment in general. Just to highlight a difference, China may not fare very high in Human Development Index, however right now from investment point of view its a pretty good market. once you have decided the countries, you can either invest in funds specalizing in these countries or if legally permitted invest directly into the leading stock index in such countries. If your intention is to start a business in these countries, then you need to look at some other indexes. http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245219962821 http://www.fitchratings.com/jsp/sector/Sector.faces?selectedTab=Overview&Ne=4293330737%2b11&N=0 http://v3.moodys.com/Pages/default.aspx"}
{"_id": "194712", "title": "", "text": "Are you interviewing for an internal FP&amp;A role at that company?  If so, then you're in luck. FP&amp;A models are not that difficult to build. Construction is very cyclical and oil &amp; gas is extremely cyclical, so those are the only real challenges.  There are videos online that show you how to build 3 statement model projections."}
{"_id": "194730", "title": "", "text": "I haven't seen this answer, and I do not know the legality of it, as it could raise red flags as to money laundering, but about the only way to get around the exchange rate spreads and fees is to enter into transactions with a private acquaintance who has Euros and needs Dollars. The problem here is that you are taking on the settlement risk in the sense that you have to trust that they will deposit the euros into your French account when you deposit dollars into their US account. If you work this out with a relative or very close friend, then the risk should be minimal, however a more casual acquaintance may be more apt to walk away from the transaction and disappear with your Euros and your Dollars. Really the only other option would be to be compensated for services rendered in Euros, but that would have tax implications and the fees of an international tax attorney would probably outstrip any savings from Forex spreads and fees not paid."}
{"_id": "194749", "title": "", "text": "\"We've listened to customer feedback has got to be the euphemism of 2011. Netflix, the banks, GoDaddy, now Verizon.  But rest assured that \"\"because fuck you, that's why\"\" is alive and well as a reason for business conduct, and they'll pull a better trick from their sleeve.  ^edit: ^list ^of ^examples\""}
{"_id": "194751", "title": "", "text": "This article is slightly out of date. Japan has the fastest supercomputer, and Oak Ridge National labs is teaming up with Nvidia to once again have the fastest super compuer. Also, one other comment to make is that while wages are low in china they have been slowly increasing, and with increasing fuel costs and quality of items not as good as they are here in America we have started to see a slight shift in jobs coming back to America. Unfortunately, these jobs will never come back at same rate in which they left."}
{"_id": "194776", "title": "", "text": "The S&P top 5 - 401(k) usually comply with the DOL's suggestion to offer at least three distinct investment options with substantially different risk/return objectives. Typically a short term bond fund. Short term is a year or less and it will rarely have a negative year. A large cap fund, often the S&P index. A balanced fund, offering a mix. Last, the company's stock. This is a great way to put all your eggs in one basket, and when the company goes under, you have no job and no savings.  My concern about your Microsoft remark is that you might not have the choice to manage you funds with such granularity. Will you get out of the S&P fund because you think this one stock or even one sector of the S&P is overvalued? And buy into what? The bond fund? If you have the skill to choose individual stocks, and the 401(k) doesn't offer a brokerage window (to trade on your own) then just invest your money outside the 401(k). But. If they offer a matching deposit, don't ignore that."}
{"_id": "194782", "title": "", "text": "&gt;They're not really that expensive   I have a Whole Foods and several other health foods stores around. Most of the produce is easily more expensive than my local Sprouts. For example, one bunch of kale is $1.99/ea at Whole Foods and &amp;0.99/ea at Sprouts. But my favorite one that I've noticed is the Navitas Naturals brand hemp seeds are regular $9.99 at Sprouts and was on sale last week for $6.49. At Whole Foods, it's $14.99. I still shop at Whole Foods for some things, but will make the extra trip to Sprouts for everything else (especially since it's right down the street from each other)."}
{"_id": "194784", "title": "", "text": "Having people that work directly with the software/hardware or those who actually created it provide support is an amazing thing. It's more expensive than hiring people to read a script, but the quality of support will be very high and if there is an issue with the program it's going to get fixed so they get fewer support calls.  Support should be about fixing the problem as correctly as possible. That may not make sense, but think of it like this. Every day somebody calls in to complain how a program keeps losing it's settings, the person on the other end explains how to export and import the settings so if it happens again they can get back to where they were. They could just keep telling people how to import their settings, or they could develop a fix for it and never have any calls about this issue again. Both fix the issue (in my mind the first one does not really), but the 2nd one is the correct fix, making it work every time and reducing support costs."}
{"_id": "194801", "title": "", "text": "\"In a hot market, aka a \"\"sellers market\"\", rates are low, money readily available, housing inventory low, and demand high. It's not rocket science, and in fact, the only thing the buyer is likely to need from his agent is advice on price. Is it possible the fair price attracts a buyer on day one? Sure. But it's far more likely the house should have been listed higher. Perhaps a lot higher.  (Disclosure - I am an agent) I'd rather set a price too high, and agree with the seller that we have room to go down, than to sell on day one at a low price, wondering how much money I just lost my client.  Even if an offer came at asking price on the first day, in a hot market, the right answer is \"\"we are entertaining a number of offers, please confirm your best and final by next Friday.\"\"\""}
{"_id": "194838", "title": "", "text": "Anything is possible. I bought a house in as the market was dropping and all the lenders were scared. I think i put down less than 10% and I think even more like about 5%.  The tricky thing was finding a lender. Ultimately I used a local credit union. A few things to note though:"}
{"_id": "194842", "title": "", "text": "To be fair, if you actually read what he says (the headlines are not from him), he NEVER picks a date. He is one of the most successful investors of all time, and has very solid input on general market trends. I've personally utilized his advice to great success in the past, and if you actually look at what he says, it's sound financial advice.  In this particular case, he IS calling a market crash by end of this year or next. I would heed his advice."}
{"_id": "194857", "title": "", "text": "There are actual cases where this has occurred. In cases where the beneficiary was suspected of knowing that the insured person was alive, they have faced fraud charges. In cases where they appeared to act in good faith, the legal consequences are less severe, but the likelihood of the insurance company to sue for their money back will depend on the circumstances and the amount of the payout. One interesting case was a woman who abandoned her family and didn't reappear until 11 years later. The family didn't know where she was, so they probably won't end up paying back the relatively small $100,000 that they received."}
{"_id": "194862", "title": "", "text": "the $5500 Roth IRA is not restricted to earned income, you can put whatever money you have tax free and gains free."}
{"_id": "194880", "title": "", "text": "To save the most money - don't trade it in, sell it to a private party. Dealers will always give you less, because eventually they'll be selling to the same private parties, so why do you need the middle man? Craigslist is your friend."}
{"_id": "194898", "title": "", "text": "When you add points, a break-even date comes into play. That date varies depending on the rate and number of points. As an approximate example, having one point at those rates would have a break-even point of about 5 years. At that time, the amount you save with the lower rate makes up for the extra cash you paid for points. After that, you are saving money. If you don't plan on having the loan that long, the points are not worth it. Also, you need to calculate the break-even date based on your own parameters. I suggest searching for an online calculator or spreadsheet that supports point calculations. You may also be able to deduct 1/30th of your points every year. Ask you accountant about that."}
{"_id": "194899", "title": "", "text": "\"You can do either a 1099 or a W-2.  There is no limitations to the number of W-2s one can have in reporting taxes.  Problems occur, with the IRS, when one \"\"forgets\"\" to report income.  Even if one holds only one job at a time, people typically have more than one W-2 if they change jobs within the year. The W-2 is the simplest way to go and you may want to consider doing this if you do not intend to work this side business into significant income.   However, a 1099 gig is preferred by many in some situations.  For things like travel expenses, you will probably receive the income from these on a 1099, but you can deduct them from your income using a Schedule C.  Along these lines you may be able to deduct a wide variety of other things like travel to and from the client's location, equipment such as computers and office supplies, and maybe a portion of your home internet bill.  Also this opens up different retirement contributions schemes such as a simplified employee pension.   This does come with some drawbacks, however.  First your life is more complicated as things need to be documented to become actual business expenses.  You are much more likely to be audited by the IRS.  Your taxes become more complicated and it is probably necessary to employee a CPA to do them.  If you do this for primary full time work you will have to buy your own benefits.  Most telling you will have to pay both sides of social security taxes on most profits.  (Keep in mind that a good account can help you transfer profits to dividends which will allow you to be taxed at 15% and avoid social security taxes.) So it really comes down to what you see this side gig expanding into and your goals.  If you want to make this a real business, then go 1099, if you are just doing this for a fes months and a few thousand dollars, go W-2.\""}
{"_id": "194903", "title": "", "text": "Why work? When you can get everything paid for by the working class and you can sit on your butt and not work? Look at the numbers of people who have chosen to remove themselves from the workforce, it is at an all time high."}
{"_id": "194944", "title": "", "text": "\"From the card issuer's point of view, the purpose of balance transfers is very simple. A credit card company wants you to owe them more money, so they will make more profit getting more interest payments from you. To do that, they will offer an (apparently) good deal to transfer the debt that you owe to other companies onto their card. The deal may superficially look good to you, because it offers a low interest rate for a limited time period, etc. But never forget that its real purpose is to be a good deal for the card company, not for you. Of course, credit card companies target these deals at their \"\"typical\"\" customers. They have to tolerate a few \"\"smart\"\" customers who actually make them no money at all, by always paying off their card balance before any interest is due, never using their card to draw cash from an ATM (which has no interest-free loan period), never using their card for overseas transactions that incur fees and/or poor currency exchange rates, etc.  Your financial objective should be to make yourself one of the customers the card company doesn't want - but \"\"only paying off the minimum balance every month\"\" is exactly the wrong way to do that!\""}
{"_id": "194955", "title": "", "text": "Do not mix personal accounts and corporate accounts. If you're paid as your self person - this money belongs to you, not the corporation. You can contribute it to the corporation, but it is another tax event and you should understand fully the consequences. Talk to a tax adviser (EA/CPA licensed in your State). If they pay to you personally (1099) - it goes on your Schedule C, and you pay SE taxes on it. If they pay to your corporation, the corporation will pay it to you as salary, and will pay payroll taxes on it. Generally, payroll through corporation will be slightly more expensive than regular schedule C. If you have employees/subcontractors, though, you may earn money which is not from your own performance, in which case S-Corp may be an advantage."}
{"_id": "194970", "title": "", "text": "You would be surprised how amazed people are when you can quickly make a pivot table and summarize their data in 15 seconds.  Same reaction with vlookup.  Also VBA is somewhat clunky but can be used effectively to automate repetitive Excel tasks or for creating formulas, loops, etc. that would be difficult to produce in Excel cells.  These sort of Excel tricks are good to know and utilize because the majority of people do not understand/want to understand so you would be in a good position to help"}
{"_id": "194984", "title": "", "text": "I'm looking at this because I'm just wondering what they base their criteria on.  How are they splitting their operations to have multiple headquarters especially when both are in the same country (it would make more sense if it was in another country although i'm not sure how they manage their operations. maybe they need a move like this etc)? Is one more focused on global operations while the other is on local? Their HQ is on the west coast so would they build a second HQ that's that close to their main base or move it to the east coast to spread it out? I'm just wondering why and what the reasoning is behind a move like this.  The impact a move like this makes on the surrounding area is large considering the local economics and jobs etc which was outlined in the post.  How will it effect traffic flows (including if freight is involved now), population concentration, commutes, etc. There's a lot of stuff to consider. Talent pools, development of the area.  I'm not saying it should or shouldn't be but just because I have an idea of the surroundings my guess matching their criteria would be Reston, VA. Its on the edge of the metro system connected to the major metropolis, concentrated near engineering and computer science jobs etc, off ways to the side to allow easier commutes instead of directly confronting traffic into a city like dc, and also near the airport.   There are probably similar places all around if you look for it."}
{"_id": "194987", "title": "", "text": "I figured you might say Australia.  Unfortunately, you'll still need to pay US taxes (if I understand things correctly) on top of any Australian taxes you'll have to pay so long as you are still a US citizen (and afaik, you can't give up US citizenship w/o first becoming a citizen of some foreign country).  Do you have a plan for this (yet)? If so, what?  I have to say that the reaction to Eduardo Saverin leaving the US is frightening and certainly goes a long way toward validating your concerns."}
{"_id": "195025", "title": "", "text": "\"there's a planet money podcast interview with him from a few years back that gives a good glimpse into the framework of his economic thoughts worth checking out.  he also wrote a book caller \"\"fault lines\"\" that is definitely worth the read.\""}
{"_id": "195040", "title": "", "text": "\"It wasn't new, though it may be unused. Contact the seller, and amazon, and complain. It should still be under manufacturer's warranty, and you do have the receipt to prove when you bought it... But if you want to register (makes getting service a bit easier, but mostly puts you on the company's mailing list) the seller owes you that and/or an unopened package. As far as \"\"why\"\" goes:  It may be as simple as someone having ordered, looked at it, decided they didn't want it after all, and returning it. Or it may be an attempt to claim a rebate, though generally those require part if the box to prevent that. Or maybe they swiped your paperwork to give to the previous person to complain. Or the manufacturer could have missed packing it. Or...  We can't tell you which.\""}
{"_id": "195044", "title": "", "text": "Set your xirr formula to a very tall column, leaving lots of empty rows for future additions. In column C, instead of hardcoding the value, use a formula that tests if it's the current bottom entry, like this: =IF(ISBLANK(A7),-C6, C6) If the next row has no date entered (yet), then this is the latest value, and make it negative. Now, to digress a bit, there are several ways to measure returns. I feel XIRR is good for individual positions, like holding a stock, maybe buying more via DRIP, etc. For the whole portfolio it stinks. XIRR is greatly affected by timing of cash flows. Steady deposits and no withdrawals dramatically skew the return lower. And the opposite is true for steady withdrawals. I prefer to use TWRR (aka TWIRR). Time Weighted Rate of Return. The word 'time' is confusing, because it's the opposite. TWRR is agnostic to timing of cashflows. I have a sample Excel spreadsheet that you're welcome to steal from: http://moosiefinance.com/static/models/spreadsheets.html (it's the top entry in the list). Some people prefer XIRR. TWRR allows an apples-to-apples comparison with indexes and funds. Imagine twin brothers. They both invest in the exact same ideas, but the amount of cash deployed into these ideas is different, solely because one brother gets his salary bonus annually, in January, and the other brother gets no bonus, but has a higher bi-weekly salary to compensate. With TWRR, their percent returns will be identical. With XIRR they will be very different. TWRR separates out investing acumen from the happenstance timing of when you get your money to deposit, and when you retire, when you choose to take withdrawals. Something to think about, if you like. You might find this website interesting, too: http://www.dailyvest.com/"}
{"_id": "195053", "title": "", "text": "Subprime lenders who are also known as high risk home mortgage lenders offer service to people having poor credit. Through the website of the lenders such as http://www.highlandsmtg.com/, you can ask for quotes by just asking few simple questions. These quotes will help you in narrowing down your list of mortgage lenders who can be finally approached."}
{"_id": "195062", "title": "", "text": "Yes, all prepared food has a chance to make you sick, but it certainly seems like the risk is higher at Chipotle. Perhaps if there was something unique to Chipotle people would be more willing to take the risk, but most regions of the country have local or regional competitors that are of equal or higher quality and don't carry the bad reputation."}
{"_id": "195067", "title": "", "text": "The interest that you are proposing to pay your MIL is actually quite low compared to even extremely conservative investing which easily earns 7% or more with quantifiable low risk. You claim that it would be no risk, but what would happen if you lost your job? The risk she faces is more or less exactly what a bank would experience while giving the loan, or in other words it is pretty much whatever your credit score says. Even worse, she does not have a large pool of investments to distribute this risk like a bank would. Making loans this large in a family situation is a recipe for disaster. Taking a huge risk with the relationship your wife has with her mother over three points of interest is exceptionally unwise. Are these private or federal student loans? Federal student loan debt is some of the safest to carry due to its income based repayment plans and eventual loan forgiveness after 25 years. Have you investigated income based repayment options?"}
{"_id": "195072", "title": "", "text": "He's old enough now that he could handle that.    I just wouldn't want to lose him permanently (outside of the whole possibly gonna die thing, but I already do some other high-risk things).   I grew up with a dad that deployed fairly often, but for shorter periods of time (3-6 months) for the most part, and I was OK with that. I just wouldn't want him to grow up thinking I left him to go off to school or move to a new city, which is what it would be in the other situation."}
{"_id": "195081", "title": "", "text": "CEOs, CFOs and Board member are over-rated.  A company runs mostly because of a lot of gray people taking care of the various day-to-day functions needed and done by the company.  CEOs, CFOs and Board member mostly take credit for work done by others.  But, yes, someone needs to make the top **new** decisions or address new top unexpected situations. This is rare, and to begin with, companies with CEOs and CFOs and Board members are very slow in to make such decisions, and their decisions are mostly based on research and recommendations done by those gray people behind them.  So, no need to sweat over a company running without a CEO, CFO and Board members for a while. It will be just fine."}
{"_id": "195089", "title": "", "text": "Willis Group Holdings Set to Join the S&P 500; Fossil Group to Join S&P MidCap 400; Adeptus Health to Join S&P SmallCap 600 notes in part for the S & P case: Willis Group Holdings plc (NYSE:WSH) will replace Fossil Group Inc.   (NASD:FOSL) in the S&P 500, and Fossil Group will replace Towers   Watson & Co. (NASD:TW) in the S&P MidCap 400 after the close of   trading on Monday, January 4. Willis Group is merging with Towers   Watson in a deal expected to be completed on or about that date   pending final conditions. Post merger, Willis Group Holdings will   change its name to Willis Towers Watson plc and trade under the ticker   symbol \u201cWLTW\u201d. Fossil has a market capitalization that is more   representative of the midcap market space. As of Jan. 8, Fossil is about $1.44B in market cap and Willis is $21.02B for those wondering. Apple with a market cap of $540.58B is 3.26% of the index making the entire index worth approximately $16,582.21B, so Fossil is worth .00868% of the overall index for those wanting some numbers here. Thus, if a company acquires another and becomes bigger than there can be replacements made in those indices that have an artificial number of small members. Alternatively, a member may be removed for lack of representation where it is just so small compared to other companies that may be a better fit as some indices could be viewed as actively managed in a sense. In contrast, there are indices like those from Russell, known for the Russell 2000 small-cap index: Q: Why don't you reconstitute the indexes more often than once a year? A: Maintaining representative indexes must be weighed against the   costs associated with making frequent changes to index constituents   (namely, buying and selling stocks). The Russell Indexes are annually reconstituted because our research   has shown that this strikes a reasonable balance between accuracy and   cost. We originally reconstituted our indexes quarterly, then   semi-annually, but found these options to be suboptimal. Our extensive   research demonstrates that annual reconstitution accurately represents   the capitalization segments and minimizes the turnover required to   reflect the segments as they change. Thus there can be different scenarios.  Then there can be the effect on index funds when price-weighted indices like the Dow Jones Industrial Average has a member that does a stock split that causes some rebalancing too. On the DJIA Divisor: The Dow Jones Industrial Average (DJIA) is a price-weighted index that   is calculated by dividing the sum of the prices of the 30 component   stocks (Dow Jones Industrial Average components) by a number called   the DJIA Divisor or Dow Divisor . The index divisor is updated   periodically and adjusted to offset the effect of stock splits, bonus   issues or any change in the component stocks included in the DJIA.   This is done in order to keep the index value consistent."}
{"_id": "195093", "title": "", "text": "&gt;The Federal Reserve decided to crack down on the issue in 2010 by mandating that banks must receive a customer's explicit permission to approve a transaction when there are insufficient funds, and trigger overdraft fees. Otherwise, the transaction would simply be declined.  &gt;That year, the financial services industry was on track to make $38.5 billion\u00a0  Not having the customer's explicit permission was such a scam. I remember unknowingly paying $8 a month for several months as some sort of protection against overdraft fees, before I noticed that payment."}
{"_id": "195099", "title": "", "text": "\"Heavy on the projections there buddy. Having a rough day?   WAIT! let me anticipate your reply - \"\"hurrr would be rougher if I were a retarded smug douche who lies and needs to read a book! hurrrr durrrrr!!\"\"   Anything I can do for you?\""}
{"_id": "195100", "title": "", "text": "Given those assumptions (which I happen to think are reasonable) it seems to me the obvious place is to buy non-Australian assets, such as the Vanguard VTS (total US share market) and VEU (world ex-US) ETFs, and perhaps also some international fixed-interest ETFs.   I think keeping a certain amount of cash would be prudent anyhow. If you felt very sure this was going to happen, you could borrow in Australia and buy foreign assets, expecting that as the AUD falls, the relative cost of the borrowing will also fall.  This is obviously fairly risky, not least because Australian interest rates are already high and may go much higher, and while the rates go up the exchange rate will also likely go up. As I mentioned on another answer, I think buying gold or other commodity instruments is a poor choice here because the Australian economy and the AUD is so tied to those prices already."}
{"_id": "195113", "title": "", "text": "\"I think you came up with a worthy Masters/PhD research project, it is a great question. This is in Australia so it is difficult for me to have complete perspective.  However, I can speak about the US of A. To your first point relatively few people inherit their wealth.  According to a brief web search about 38% of billionaires, and 20% of millionaires inherited their wealth.  The rest are self-made. Again, in the US, income mobility is very common.  Some act like high level earners are just born that way, but studies have shown that a great deal of income mobility exists.  I personally know people that have grown up without indoor plumbing, and extremely poor but now earn in the top 5% of wage earners.   Quid's points are valid.  For example a Starbucks, new I-Phone, and a brake job on your car are somewhat catastrophic if your income is 50K/year, hurts if your income is 100K, and an inconvenience if you make 250K/year.  These situations are normal and happen regularly.  The first person may have to take a pay day loan to pay for these items, the second credit card interest, the third probably has the money in the bank.  All of this exaggerates the effect of an \"\"emergency\"\" on one's net worth.    To me there is also a chicken-and-egg effect in wealth building and income.  How does one build wealth?  By investing wisely, planning ahead, budgeting, delaying gratification, finding opportunities, etc...  Now if you take those same skills to your workplace isn't it likely you will receive more responsibility, promotions and raises?  I believe so.  And this too exaggerates the effect on one's net worth.  If investing helps you to earn more, then you will have more to invest. To me one of the untold stories of this graph is not just investing, but first building a stable financial base.  Having a sufficient emergency fund, having enough and the right kind of insurance, keeping loans to a minimum.  Without doing those things first investments might need to be withdrawn, often at an inopportune time, for emergency purposes. Thanks for asking this!\""}
{"_id": "195114", "title": "", "text": "there is a trend to decriminalize weed.  when weed is no longer a crime to grow, who is going to pay you two cents for a small handful of it?  answer: nobody.  and then what will your stock be worth? the word shit comes to mind, lol..  it is a weed that manufactures itself, and the only reason that it has any value at all if that only certain people are allowed to grow it.  and, even if it isnt decriminalized, what happens when this medicinal bullsht takes off and the cigarette companies start selling packs of joints for twelve bucks?  again, your stock will be worth shit, and everybody that invested in weed will be high and upside down."}
{"_id": "195129", "title": "", "text": "I think you're discounting the idea that cable companies will hardly have any subscribers and netflix will be producing more content than all of the major studios that exist today combined.  They're going to dominate online media delivery and who knows what other things they might roll out one day.  Remember how people evaluated them based on being a dvd mailing service, and then one day they rolled out this online streaming service..  boom."}
{"_id": "195151", "title": "", "text": "On the web have a major scale business website, for example, Amazon, eBay, shopclues etc. When your business website additionally connected the web index like yahoo, google, and bing through the internet this is known as the Business to business directory. You can list your business in global trade connect business directory and get a huge buyer from all over the world. Else you are really missing a huge opportunity to find the online searcher."}
{"_id": "195152", "title": "", "text": "Put options are contracts to sell. You pay me a fee for the right to put the stock (or other underlying security) in my hands if you want to. That happens on a specific date (the strike date) and a specified price (the strike price). You can decide not to exercise that right, but I must follow through and let you sell it to me if you want to. Put options can be used by the purchaser to cap losses. For example: You purchase a PUT option for GE Oct19 13.00 from me. On October 19th, you can make me let you sell your GE stock to me for $13.00 a share. If the price for GE has fallen to $12.00, that would be a good idea. If its now at $15.00 a share, you will probably keep the GE or sell it at the current market price. Call options are contracts to buy. The same idea only in the other direction: You pay me a fee for the right to call the stock away from me. Calls also have a strike date and strike price. Like a put, you can choose not to exercises it. You can choose to buy the stock from me (on the strike date for the strike price), but I have to let you buy it from me if you want to.  For example: You purchase a CALL option for GE Oct19 16.00 option from me. On October 19th, you can buy my GE stock from me for $16.00 a share. If the current price is $17.50, you should make me let you buy if from me for $16.00. If its less than $16.00, you could by it at the current market price for less. Commonly, options are for a block of 100 shares of the underlying security. Note: this is a general description. Options can be very complicated. The fee you pay for the option and the transaction fees associated with the shares affects whether or not exercising is financially beneficial. Options can be VERY RISKY. You can loose all your money as there is no innate value in the option, only how it relates to the underlying security. Before your brokerage will let you trade, there are disclosures you must read and affirm that you understand the risk."}
{"_id": "195156", "title": "", "text": "Now the question: is advisable for a beginner to speculate in CfDs?  No. If not, is there a better way to invest with a small amount of money? In the US, and I'm sure this carries to the UK, most (if not all) big brokerages (Schwab, TD Ameritrade, Fidelity, Vanguard, etc) have a set of funds that are zero load and zero commission though the fund will still have an expense ratio.  This is the Barclay's UK page related to zero cost investing in the Barclay's funds.  Barclay's might not be the right fit for a beginner as it seems there is a hefty account minimum, but the same zero commission concept exists in the UK.  Again, most of these brokerages will also have an extremely low expense ratio S&P index (or some other market index) fund.  As a beginner that's where you should start. This is not meant to patronize beginners, it's just math.  Assume your trade commission is \u00a37.  If your investment is \u00a3100, you'll lose \u00a37 right up front to the buy commission, then another \u00a37 when you sell.  Lets say your position raises 10%, you'll be at a net loss of 4.7%. Meanwhile if you put your \u00a3100 in to a 0.1% expense fee mutual fund with no transaction commissions and no load fees, after a 10% gain you'd owe \u00a30.11 due to the expense ratio at the of the year.  You'd have \u00a3109.89. Beginners get crushed by fees and commission.  It is not advisable, by any stretch of the imagination, to attempt to day trade or actively manage a portfolio of any sort of security; and commodities and currency are the WORST place to start."}
{"_id": "195191", "title": "", "text": "Something to consider is how do you want to handle fractional shares. Most open-end funds can easily go to fractional shares to that if you want to invest $500 in a fund each month, it is a relatively easy transaction where some shares will be fractional and handled easily. An ETF may not always work that way unless you go through something like Sharebuilder that would allow the fractional shares as if the ETF is trading at $150/share, you could buy 3 shares but still have $50 that you want to invest but can't as stocks trade in whole share numbers usually. This is without adding brokerage commissions. Depending on the broker, re-investing dividends may or may not be that simple as fractional shares could be a problem since those 3 shares aren't likely to have enough of a dividend to equal another share being bought with the proceeds. If you want the flexibility of stop and limit orders then the ETF may make more sense while the open-end fund is simply to invest whole dollar amounts that then lead to fractional shares. Don't forget to factor in minimums and other stuff as VFIAX may have a bit of a minimum to it as well as possible fees that could be annoying as I remember VFINX having some account maintenance fees that were a bit irksome back in the day that may still be around in some cases so be sure to read the fine print on things."}
{"_id": "195203", "title": "", "text": "I'm not speaking about what's happening. I simply don't know enough about these crazy things. But I speak in general. Man... no one likes the fruit punch lol.  Just because it goes against our cookie cutter nationalism or democratic spirit. But I think if everyone listens to their rationality... they'll find at least some of the things I mentioned to be spot on. And this realization can help us better use our political system. (Speaking to everyone broadly and not necessarily a reply to your comment...)"}
{"_id": "195206", "title": "", "text": "If you are in a position to have information that will impact the shares of a stock or index fund and you use that information for either personal gain or to mitigate the losses that you would have felt then it is insider trading.  Even if in the end your quiet period passes with little or no movement of the stocks in question.  It is the attempt to benefit from or the appearance of the attempt to benefit from inside information that creates the crime.  This is the reason for the quiet periods to attempt to shield the majority of the companies employees from the appearance of impropriety, as well as any actual improprieties. With an index you are running a double edged sword because anything that is likely to cause APPLE to drop 10% is likely to give a bump to Motorola, Google, and its competitors.  So you could end up in jail for Insider trading and lose your shirt on a poor decision to short a Tech  ETF on knowledge that will cause Apple to take a hit.  It is certainly going to be harder to find the trade but the SEC is good at looking around for activity that is inconsistent with normal trading patterns of individuals in a position to have knowledge with the type of market impact you are talking about."}
{"_id": "195207", "title": "", "text": "Do you have a separate bank account for your business?  That is generally highly recommended. I have a credit card for my single-member LLC.  I prefer it this way because it makes the separation of personal and business expenses very clear. Using a personal credit card, but using it for only business expenses seems to be a reasonable practice.  You may be able to do one better though... For your sole proprietorship, you can file a DBA which establishes the business name.  The details of this depend on your state.  With a DBA, I believe you can open a bank account in the name of your business and you may also be able to open a credit card account in the name of the business.  I'm not sure what practical difference it makes, but it does make the personal/business distinction clearer.  Though, at that point, you might as well just do the LLC..."}
{"_id": "195216", "title": "", "text": "This is basically a math problem. It depends on the pension benefits, the lump sum, and the chance that the company doesn't honor its pension plan. If you're willing to share the first 2 and the company name, it's possible to roughly figure out the odds of the third if your company has bonds or CDS. Maybe some bored analyst would do it for you here, or you could probably hire a financial advisor for an hour or 2 to figure it out."}
{"_id": "195222", "title": "", "text": "\"As foundational material, read \"\"The Intelligent Investor\"\" by Benjamin Graham.  It will help prepare you to digest and critically evaluate other investing advice as you form your strategy.\""}
{"_id": "195225", "title": "", "text": "If you have children in a university institution, then your annual salary is reported via financial aid forms. The small raise could be the difference between full tuition covered and only half tuition covered."}
{"_id": "195228", "title": "", "text": "Yeah if you didn't notice - you can't buy cigarettes and heroin with food stamps.  They take the food we give them and they choose to trade it.  That's the choice they made - we gave them food to eat, they chose not to eat it and smoke cigarettes and do drugs.     They made a poor choice.  Poor people don't get freedom?"}
{"_id": "195267", "title": "", "text": "Pax Hill Care Home is an established care facility that has been providing exceptional care and services for elderly people since 1988. They are staffed with care assistants and registered nurses who are all experts when it comes to attending to all the needs of residents. If you are interested to know more about Pax Hill Care Home, visit their website at www.paxhill.co.uk."}
{"_id": "195275", "title": "", "text": "&gt;giving students 1 trilion to pay off all student loans isn't inflationary, it would be deflationary  No. If you have to print money out of thin air and letting it circulate in the economy then you are expanding the money supply (inflation). It would have to contract the money supply to be deflation. Even if the money is being spent on student loan payments it is still circulating in the economy, provided the recipients of the loans (banks or government depending) use it later.  Debt was created out of thin air. Sure. But debt is not money so it has nothing to do with inflation or deflation. It can be paid back over long periods of time (in the case of student loans 35 years). The government could pay students back over the course of 50 years to reduce the debt burden for them, but it would hardly be getting the same amount back in tax revenue. The government gives someone $1,000 and they spend it all, you might generate a couple hundred dollars in taxes over the course of the year if that money keeps changing hands.  This solution is not feasible. Those in Occupy need to come up with something more realistic."}
{"_id": "195281", "title": "", "text": "\"&gt;Well, that's nice, but the Port Authority isn't funded by taxes.  That's either a lie, or if true, then we're dealing with private security guards instead of cops.  When you say that someone is a \"\"cop\"\" it is implicit that we're talking about a public servant.  &gt;And I doubt you're a tax payer in the state of New York  Correct.  &gt;so the \"\"I'm a taxpayer\"\" bullshit is just empty rhetoric anyway.  Wrong.  When cops hear about other cops who earn more, it puts the pressure on them to ask for higher salaries.  As a result, I will eventually end up paying more for my local cops here where I am.  So yes, it does affect me.  I don't want cops to feel that they are entitled to overtime that generates 200k compensation per year.  Thanks for playing.\""}
{"_id": "195315", "title": "", "text": "Last I checked, Argentina had a growing economy.   [Argentina 1991-2011 GDP Per Capita](http://en.wikipedia.org/wiki/File:Latin_America_GDP_per_capita_1991-2011.png)  * Foreign direct investment in Argentina is divided nearly evenly between manufacturing (36%), natural resources (34%), and services (30%). The chemical and plastics sector (10%) and the automotive sector (6%) lead foreign investment in local manufacturing; oil and gas (22%) and mining (5%), in natural resources; telecommunications (6%), finance (5%), and retail trade (4%), in services. Spain was the leading source of foreign direct investment in Argentina, accounting for US$22 billion in 2009; the U.S. was the second leading source, with $13 billion (17%). Investments from the Netherlands, Brazil, Chile, and Canada have also been significant. In all, foreign nationals hold around US$86 billion in direct investment.  * Argentina's economy grew by 9% in 2010, and officially, income poverty declined to 8% by 2011; an alternative measurement conducted by CONICET found that income poverty declined to 22.6%.[Argentina's unemployment rate in the fourth quarter of 2011 was reportedly down to 6.7% from 8.4% in the fourth quarter of 2009, according to INDEC data. The jobless rate has declined from 25% in 2002 largely because of both growing global demand for Argentine commodities and strong growth in domestic activity.  Argentina proves my theory."}
{"_id": "195336", "title": "", "text": "0.13% is a pretty low fee.  PTTRX expenses are 0.45%, VINIX expenses are 0.04%. So based on your allocation, you end up with at least 0.08%. While lower than 0.13%, don't know if it is worth the trouble (and potentially fees) of monthly re-balancing."}
{"_id": "195348", "title": "", "text": "\"You have no clue about reality do you? Do you realize the national DEBT is what YOU have to pay? Do you realize that MOST of that is PENSIONS? Do you realize that NONE of them are \"\"funded\"\"? Do you realize that you will NOT get a pension?  mid 20's? You're one step away from thinking George Washington was a BORING person. You have NO idea what a BILL you're being handed to comfort undeserving parasites.\""}
{"_id": "195366", "title": "", "text": "AFAIK, individual 401k accounts are supposed to be funded from self-employment earnings, not from rollovers from 401k plans of previous employers. So, check with your accountant before making opening an individual 401k account and getting your previous 401k plan to re-issue the checks to be payable to your individual 401k account. You might also want to ask about whether loans are permitted from individual 401k accounts (my guess is they are not because the possibility of abuse of the privilege is too high since the employer and employee are the same individual).  In any case, loans against 401k plans are generally not a good idea, and many people on this forum have blogged about this matter."}
{"_id": "195372", "title": "", "text": "\"Someone asked this over in /r/darknetmarkets , they were asking how to profit off NV specifically, but here's what I wrote there, I'd be curious what you guys think:  &gt; Go back in time about 6 mo, case the medical scene for movers and shakers, write some proposals to help them expand. Traditional banks won't touch financing these guys with a 10ft stick right now, the Fed has told them straight up they will lose FDIC membership if they touch \"\"drug money\"\" (cough cough tobacco and alcohol don't count? cough cough). If you don't have a time machine, either come up with a way to be a bank to these guys without going to a Fed lockup, or go finance expansion in the next state which legalizes. It's gonna be a while until these guys get integrated with the regular money system to the point they have stocks and such. Or maybe the Fed freezing them out as they make a fortune will just push forward crypto currency and hasten the collapse of the current money oligarchy, who knows.  There was also some comments about shipping from NV to home states, which is probably a bad idea for many reasons. I did however feel I can offer some insight on a legal president for this kind of behavior,  but exactly how legal reshipping to avoid direct shipping of a purchase to a state is (I mean, once it's your proper legal property and you're just shipping it to yourself that does seem legal, right?) or if it would get the same blind eye when done with pot are huge unknowns:  &gt;I'm sure the Feds will not see a problem with sending drugs to yourself across state lines! Actually funny enough I live in the wine region of CA and there is a whole business here of wine \"\"storage and shipping\"\" places. It's up to the states to decide how or if they allow alcohol to be shipped into their state from others, and a bunch of state have very complex rules or just don't allow it. So if you come out here for tourism, drink some wine at a winery, like it, and ask if you can have some shipped home, the answer is about 50/50 to be 'no'. And if you're a average income pleb, that's your answer. If you're some rich dude however, you can say \"\"ah gotcha, pesky laws... well here's the address of my storage and shipping place, send the 2 cases there then\"\", nobody bats an eye, and off the cases go. Guy goes home, calls up the shipping place, and says \"\"hey pull those cases, my personal property, and ship them to me\"\" and, somehow, magically, this is now legal. I have no idea who's taking on the liability here, if the shipping place has them sign off \"\"we will ship wherever you ask, it's not our job to verify the legality of your request\"\" then I guess it's on the consumer, but if you have an entire business built around circumventing state law it would seem to me that this should be a legal problem. But, wine is a high-end commodity, rich people make their own rules, and if CA turns a blind eye to this practice they get to collect the sales tax as it's sold in CA and shipped to a location in CA, whereas fighting it would hurt their tourism and also send the tax income to the states being shipped to. C.R.E.A.M. baby!  Re-reading this now I'm not even sure if there IS a liability here. They bought the property in CA, paid tax in CA, and had it sent to a mailing address in CA. What they do after that with their personal property is not the states business, right? I'd imagine this would be drastically different if shipping for resale. Similarly, I think this all only works if you complete the transaction while physically in the state. So at most this might turn on some weed tourism.  The big difference in all of this is that the Fed is fine with alcohol, but not weed, so, while I suspect someone will form such a weed storage and shipping place at some point, I don't really want to be first in line to see how this flys and if it lands you in trouble with the Fed.\""}
{"_id": "195373", "title": "", "text": "The rental industry is seasonal. They purchase additional inventory (vehicles) for their busy seasons and sell the extra inventory afterwards."}
{"_id": "195385", "title": "", "text": "Consider searching locally for a rewards checking account.  There are some that must be opened nationally, but you can likely find a local bank (or perhaps even two) that offer these high yield checking accounts.  They will generally pay more than the interest you have on those cards. Try This site to see if one is offered locally to you. These accounts typically require the following:  In return you get higher interest rates, and most credit you ATM fees.  The amount is generally capped between 10K to 25K on the high interest rate, and you'll generally receive a small rate for anything above that. I'm in a smaller city, and I have one local, and one within a 45 minute drive.  If you have a job that allows for split direct deposits, this is even easier.  We never have any trouble knocking out the required debit transactions, but you MUST look at the balance as being an emergency fund, rather than a checking fund with an available balance.  If you find two near you, you can probably earn ~$130 a month in interest.  That's way more than you pay monthly...  I vote to put it to work for you before paying it off."}
{"_id": "195392", "title": "", "text": "Here is the answer for #3 from my brokerage: Your math is correct. Typically, option traders never take delivery of the stock simply to then turn around and sell it at the higher price that the stock is trading at. You wold always expect the option to have a higher value that simply selling the stock at market price. There are many factors involved in options pricing and the math behind it is quite complicated, but unless it is right at expiration, the option will have a higher price than the stock itself."}
{"_id": "195395", "title": "", "text": "And brought shadow economy income into the light and the IRS.  Before you would have a roommate and they give you a check.  Now Air Bnb reports it as a W-9 so at minimum you owe 25% in income tax plus Air Bnb's fees so you have to raise the roommate rent to include that overhead."}
{"_id": "195398", "title": "", "text": "I think you're misunderstanding amazon's business practices. they are not concerned with profits and losses on a short term basis like most companies. typically they re-invest profits back into themselves for growth, which sometimes means they don't show a profit even though they are a profitable company. (however recently they have been profitable, in no small part due to the growth of AWS)   this is fundamentally different than operating at a loss to avoid taxes. in the case of the whole foods price slashing, they are just doing it to hurt the competition and gain market share. they also don't need the margins to be as large as whole foods did since they are so much bigger."}
{"_id": "195430", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.france24.com/en/20170728-imf-countries-must-avoid-protectionism-all-costs) reduced by 72%. (I'm a bot) ***** &gt; About a third of the total are considered undesirably large imbalances, and countries should put in place policies to reduce these, whether they are surpluses or deficits, the External Sector Report urged.  &gt; It is the deficit countries most at risk of a &amp;quot;Backlash&amp;quot; that could lead to anti-trade policies, IMF research chief Luis Cubeddu told reporters.  &gt; Even if there is a short-term impact on a country&amp;#039;s trade deficit when a barrier is erected to imports, IMF research shows &amp;quot;Global GDP losses increase with the duration of protectionist policies, while the impact on global imbalances lessens&amp;quot; and currencies adjust to compensate.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q918w/imf_countries_must_avoid_protectionism_at_all/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~178299 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **policies**^#1 **imbalances**^#2 **IMF**^#3 **global**^#4 **report**^#5\""}
{"_id": "195431", "title": "", "text": "Well I guess if your idea of collusion only applies to paper money then I see where you are coming from. However, the collusion of gold/diamonds/younameit has been going on for much longer in history.  Some ingenious person came up with a gold coin which REALLY started to look like money. Copper is money too and brass, silver, tin, and aluminum. It happens to be easy to carry around."}
{"_id": "195439", "title": "", "text": "He's not asking for advice, he's advertising. Every male in Cambodia drives and sleeps in their tuk-tuk, he's trying to differentiate himself from the 1000s of others parked in the shade, hoping for a tourist dollar so they can pay off the 50% interest loan on their tuk-tuk. Cambodia is wonderful, life-changing and Angkor Wat (the total experience of the pulgrimage) should be on every jaded Westerner's bucket list. You will see your world through fresh eyes if you truly open yourself to the Cambodian experience."}
{"_id": "195447", "title": "", "text": "Not sure how authoritative it is, but according to this site, yes: Can a corporation, partnership or other non-living entity make the contribution to an ESA? Yes. The tax law does not restrict the ability to make contributions to living individuals. Corporations and other entities may make contributions without regard for the usual donor income limit.  However, the same site indicates that you can just give the child the $2K and have them contribute to their own ESA, so yes, the income limit is pretty easy to get around."}
{"_id": "195455", "title": "", "text": "\"The company gets the proceeds from the sales of shares on the open market. If a company is selling 1,000,000 shares at $12/share then they will receive $12,000,000 from the underwriter minus some fees that the underwriter will collect. The part that ties into valuation is to consider what percentage is the company selling of itself that is coming from its own holdings. If the company is putting out 10% of its shares in the IPO from treasury holdings on a $10B valuation then it will get $1B minus the fees I'd suspect. Where I worked in late 1990s/early 2000s had an IPO where the underwriter did a bridge loan and the IPO so that the company didn't get all the money raised but did get enough to run operations for a while before ending operations. Public Offering notes that after an IPO other offerings would be called \"\"seasoned equity offering\"\" that may or may not be dilutive as they could come from new or existing shares.\""}
{"_id": "195482", "title": "", "text": "You're trying to tell me they are as great as Japanese cars?  Actually I have the data to prove you're a moron. Before you run your mouth, show me reliable data  https://www.consumerreports.org/car-reliability/the-most-and-least-reliable-cars-by-class/  CATEGORY MOST RELIABLE LEAST RELIABLE   Subcompact Cars Toyota Prius C Ford Fiesta   Compact Cars Toyota Prius 1 Ford Focus   Midsized Cars Kia Optima 1 Chrysler 200 1   Large Cars Hyundai Azera 1 Dodge Charger   Luxury Compact Cars Lexus CT 200h 1 Acura TLX   Luxury Midsized/Large Cars Infiniti Q70 1 Mercedes-Benz S-Class 1   Sporty Cars Lexus RC 1 Ford Mustang   Minivans Toyota Sienna Dodge Grand Caravan   Small SUVs Toyota RAV4 Jeep Cherokee   Midsized SUVs Toyota 4Runner Jeep Grand Cherokee   Large SUVs Ford Expedition 1    Chevrolet Suburban/GMC Yukon XL   Luxury Compact SUVs Mercedes-Benz GLC 1 Lincoln MKC   Luxury Midsized/Large SUVs Lexus GX Cadillac Escalade   Pickup Trucks Toyota Tundra Ram 2500       Out of the 10 most reliable, 1 is American:   https://www.consumerreports.org/car-reliability/10-most-reliable-cars/     10 least reliable, almost all american:   https://www.consumerreports.org/car-reliability/10-least-reliable-cars/          Sorry big mouth, you're wrong. Nice try though"}
{"_id": "195495", "title": "", "text": "Most of the people need to remit the money to their precious persons like family, friends and also others. Now a days this type of transmission is simple by Etawakal online money transfer than other remittance services. Etawakal is reliable, safe and secure. http://tawakalexpress.net/Etawakal.aspx"}
{"_id": "195498", "title": "", "text": "Loan Provider Company in India http://tirupatiinvestservices.com/ Tirupati Invest is a highly favorable company in Udaipur, India providing various types of services of loans, home loan, business loan, education loan, project loan, agriculture loan, joint venture funding and lot more. We provide all financial support required by our customers and our financial team is always available for providing all the best services."}
{"_id": "195506", "title": "", "text": "\"Without going into minor details, an FX transaction works essentially like this. Let's assume you have SEK 100 on your account. If you buy 100 USD/RUB at 1.00, then that transaction creates a positive cash balance on your account of USD 100 and a negative cash balance (an overdraft) of RUB 100. So right after the transaction (assuming there is not transaction cost), the \"\"net equity\"\" of your account is: 100 SEK + 100 USD - 100 RUB = 100 + 100 - 100 = 100 SEK. Let's say that, the day after, the RUB has gone down by 10% and the RUB 100 is now worth SEK 90 only. Your new equity is: 100 SEK + 100 USD - 100 RUB = 100 + 100 - 90 = 110 SEK and you've made 10%(*): congrats! Had you instead bought 100 SEK/RUB, the result would have been the same (assuming the USD/SEK rate constant). In practice the USD/SEK rate would probably not be constant and you would need to also account for: (*) in your example, the USD/RUB has gone up 10% but the RUB has gone down 9.09%, hence the result you find. In my example, the RUB has gone down 10% (i.e. the USD has gone up 11%).\""}
{"_id": "195515", "title": "", "text": "Comparing retirement savings to ordinary investment is not an apples-to-apples comparison - retirement savings are savings for retirement - if you want to invest in things now and live off of (or reinvest) those earnings, then retirement accounts are not the right vehicle.   That said, here are some benefits of the main types of retirement accounts: Benefits of a 401(k): Benefits of a tratitional IRA: Benefits of a ROTH 401(k): Benefits of a ROTH IRA: (the benefits above are not exhaustive, there are other benefits such as using a ROTH IRA for higher ed. expenses, etc. but those are the highlights) If you have a plan for how you hope to use the money now rather than later does it make sense to hold onto it? If your plan is meant to provide income at retirement, and earns returns higher than the returns plus matches and tax benefits you get from retirement accounts, then yes, it may make more sense, but those benefits are generally very hard to beat.  Plus, having the money locked away in an account that is painful to tap can be a good thing - you're less tempted to use that money for foolish decisions (which everyone makes at some point)."}
{"_id": "195517", "title": "", "text": "\"Look, I think the thought-process for (falsely) believing physics knowledge is a requirement to understand examples illustrating a completely different topic is as follows:  You don't understand calculus/ODE topic. The teacher gives an example. You still don't get it. Therefore, you falsely believe that if you had understood the context of the problem, you would understand the solution. This is twisted and backwards reasoning.   Let's say I am learning subtraction. If the teacher says \"\"Gherio wants to make Tyyau. For that, he needs 10 Lals. If he currently has 6 Lals, how many more does he need? Well kids, this is just a subtraction problem: 10 - 6 = 4\"\", it is completely okay. Who cares what Tyyau or Lal are?? If you know, great; if not, you can still understand the subtraction problem.\""}
{"_id": "195519", "title": "", "text": "&gt;  Would you agree that for most people in minimum wage jobs this is not a realistic option?  No, it's realistic to try, most new businesses do fail, but some don't. I'm not 100% on clear on why some new businesses succeed and some fail."}
{"_id": "195526", "title": "", "text": "\"The bank will make this even more confusing because they use the terms from their own perspective. From the bank's perspective  (printed on your statements) credit: Money into your account  (increases the bank's liabilities) debit: Money out of your account  (decrease bank liabilities) From your perspective: It depends on the nature of the transfer of money, but here are the most common for a personal account. Income into your account: Credit Expenses out of your account: Debit Payment on a loan made for an asset (house/car): Credit for the loan account, debit for the equity account for the car/house/etc. Yes, it's complicated. Neither credits nor debits are always a + or -. That's why I agree with the advice of the others here that double-entry accounting is overkill for your personal finances. Note: I simplified the above examples for the purpose of clarity. Technically every transaction in double entry accounting includes both a credit and a debit (hence the \"\"double\"\" in the name). In fact, sometimes a transaction involves more than one credit or debit, but always at least one of each. Also, this is for EACH party. So any transaction between you and your bank involves at least FOUR debits and/or credits when all involved are considered.\""}
{"_id": "195532", "title": "", "text": "Vous devez d\u00e9cider quel type de restauration vous regardez? \u00cates-vous en train de cr\u00e9er un restaurant ou d'\u00e9tablir un petit caf\u00e9 ou d'aller au service de restauration mobile? Dans un service de restauration mobile sp\u00e9cialis\u00e9 dans votre entreprise, vous devez choisir un \u00e9quipement de restauration durable et l\u00e9ger qui peut \u00eatre transport\u00e9 facilement."}
{"_id": "195571", "title": "", "text": "You will almost certainly be paying taxes in Czech Republic, short of being American of Eritrean, citizenship has little to no bearing on tax. If you are working from home, you will probably be a contractor. In Romania you would work through either an SRL or you would set up a PFA. Essentially a limited company or a sole trader. You will need to find the Czech equivalents. I would advise finding a small business accountant. They will be able to advise what is the most cost effective solution, in some countries (like my one) you can save considerable amounts of tax by working through a company. There is a link with some information."}
{"_id": "195573", "title": "", "text": "I agree and disagree... I would argue that growth-based systems that dont approach/seek steady state are doomed because they are unsustainable.  The financial depression/collapse we are currently facing might have been pushed out a few years into the future, but could not be staved off indefinitely so long as the governing system was/is one based on growth..."}
{"_id": "195583", "title": "", "text": "Dental Implants - All on 4 Permanent Teeth in Just one Day! All on 4 was developed as a way to best restore the full arches of the upper and lower jaws by implant manufacturer Nobel Biocare and European implant dentist Paulo Malo using bio-mechanics, computer simulation and clinical research."}
{"_id": "195584", "title": "", "text": "The reason people like Mint is because it allows you to see all of your financial details in one place. When you create an account, you\u2019re able to link all of your bank accounts, credit cards, and investment accounts. This linking enables Mint to update your transactions automatically. The catch is that you have to provide the username and password you use for each one, which can certainly make you feel jittery if you\u2019re worried about a security breach. Mint is designed to be a read-only service, which means you can\u2019t transfer money back and forth between accounts. If someone were to get their hands on your Mint login, all they\u2019d be able to do is view your balances and transactions. Your full account numbers aren\u2019t displayed, nor are your bank account or credit card usernames and passwords. The only thing that would be visible would be your email address. If a hacker was interested in taking things a step further, there\u2019s always the possibility that they could physically steal the information from Mint\u2019s secure servers \u2013 but that\u2019s really a long shot. That would require knowing where the servers are located, bypassing the physical security measures that are in place, and cracking the code on how the data is encrypted. If that were to happen, then your personal information might be at risk, but so far, there\u2019s no record of it being attempted. I was very skeptical of Mint and how secure it truly was. I did my fair share of research. Try looking at:"}
{"_id": "195587", "title": "", "text": "\"I disagree with the IRA suggestion. Why IRA? You're a student, so probably won't get much tax benefits, so why locking the money for 40 years? You can do the same investments through any broker account as in IRA, but be able to cash out in need. 5 years is long enough term to put in a mutual fund or ETF and expect reasonable (>1.25%) gains. You can use the online \"\"analyst\"\" tools that brokers like ETrade or Sharebuilder provide to decide on how to spread your portfolio, 15K is enough for diversifying over several areas. If you want to keep it as cash - check the on-line savings accounts (like Capitol One, for example, or Ally, ING Direct that will merge with Capitol One and others) for better rates, brick and mortar banks can not possible compete with what you can get online.\""}
{"_id": "195590", "title": "", "text": "Oh bullshit.  Trolls don't have 88,000 karma.  The fact is that you accused me of being anti-intellectual.  I then pointed out that, no, you were.  And then you come up with this bullshit.  You will find that getting along with other people is a lot easier if you can admit when you are wrong instead of launching counter-attacks."}
{"_id": "195604", "title": "", "text": "I have no pity for them either, especially since the average Joe almost never gets to buy shares in an IPO, and FB shares were priced at 100 times earnings.  However, if some folks had inside info that FBs earnings were down prior to the IPO, then they this needs close examination, and, if it really took place, prosecution.  It is a dangerous precedent to allow this sort of thing to take place.  Oh, and Zuckerberg didn't set the price.  Morgan Stanley did."}
{"_id": "195607", "title": "", "text": "\"&gt; Well then that kind of makes drug tests seem stupid then, right?   Well most of them fail, nothing is 100%, but its the best that we have.   &gt;  So I guess its fair to ask then, do you believe this is the best we can do?  In terms of what? Testing?   &gt;  What are your thoughts about medical conditions, should opiates be treated the same as weed? Do you know that theres different types of weed?   Sure there are different types, many different types.  About opiates, if you're impaired, you're impaired, I don't care what drug it is. I don't care if its alcohol or crack. I need a functional employee that is sharp, aware, and willing to work.   &gt; I encourage you to keep learning, and you can start to understand why so many people might be defending this topic.  I think a lot of it has to do with \"\"I want smoking rights\"\" and \"\"fuck you, don't tell me what to do.\"\" Rather than agreeing that there are some issues with it in the workplace.  I have found that liberals also want to be overpaid and under-work because they have a sense of entitlement. Just like all the people that want a huge minimum wage raise for people that can't even count to 10. If you're worth the cost, you should get paid or leave to find a job that will pay you what you think your value is.   &gt; The war on drugs is over, the facts are out and proven its an extreme waste and set back to humanity.  The war on drugs is a failure because of massive corruption. The same people that are pretending to be against it are the ones making the money. The fake war on drugs only makes them much more money.\""}
{"_id": "195631", "title": "", "text": "\"The way I've implemented essentially \"\"value averaging\"\", is to keep a constant ratio between different investment types in my portfolio. Lets say (in a simple example), 25% cash, 25% REIT (real estate), 25% US Stock, 25% Foreign stock. Lets say I deposit a set $1000 per month into this account. If the stock portion goes up, it will look like I need more cash & REIT, so all of that $1000 goes into cash & the REIT portion to get them towards their 25%. I may spend months investing only in cash & the REIT while the stock goes up. Of course if the stock goes down, that $1000 per month goes into the stock accounts. Now you can also balance your account if you'd like, regularly selling stock (or the REIT), and making the account balanced. So if the stock goes down, you'd use the cash & REIT to purchase more stock. If the stock went up, you'd sell the stock, and buy REIT & leave more in cash.\""}
{"_id": "195637", "title": "", "text": "In addition to the normal limits, A Solo 401(k) allows you to contribute up to 20% of net profits (sole proprietor) or 50% of salary (if a corporation), up to $49,000. Note that the fees for 401(k) accounts are higher than with the IRA. See 401(k)s for small business."}
{"_id": "195640", "title": "", "text": "According to the W9 instructions you are considered a U.S. person if: According to the following section, it looks like a C corporation may be easier then an LLC: All of this information can be found here: http://www.irs.gov/pub/irs-pdf/fw9.pdf Hope this helps!"}
{"_id": "195674", "title": "", "text": "Sydney Document Shredding Service is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document shredding services."}
{"_id": "195681", "title": "", "text": "I have a union shop and participation has dropped dramatically. This is because have had no grievances in 20 years (1,600 employees at our height). In our perfect world we take care of the people who take care of us. I can't do my job without them and they can't do their job without me."}
{"_id": "195683", "title": "", "text": "Greed and Debt: The True Story of Mitt Romney and Bain Capital How the GOP presidential candidate and his private equity firm staged an epic wealth grab, destroyed jobs \u2013 and stuck others with the bill   Read more: http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829#ixzz28EYUKUgo  If this story is fabricated, Romney should sue for libel.  But I doubt he will for obvious reasons."}
{"_id": "195687", "title": "", "text": "You could check with the new 401k provider to see if they allow rollover-in contributions. You can likely take the exact amount of the rollover check that was put in the IRA and put it in the new 401k and then take a loan. Loan amount is calculated as 1/2 vested balance less any outstanding loans or $50k, whichever is less. Hopefully this helps..."}
{"_id": "195701", "title": "", "text": "Didn't they also say a couple of weeks ago that the bank is doing just fine? Weren't there rumors of bank runs that Spain adamantly denied? Could this be to cover that up without causing panic? There are so many statements that could end with a question mark I don't know I can list them all, but it doesn't matter. The media will never give us answers until after the whole thing implodes."}
{"_id": "195715", "title": "", "text": "&gt;  If you can't stop smoking pot while looking for a job, either you don't really want the job, or you lack the ability to make intelligent decisions. Either one indicates you're probably not a good job candidate.  No one cares about the fact that IT IS COMPLETELY IRRELEVANT WTF YOU DO ON OFF HOURS?   we've become a slave class that can only do what the higher ups *allow*?  fuck that, fuck you, fuck all this bullshit"}
{"_id": "195726", "title": "", "text": "Hi,   This is treated as a electronic balance transfer. There may be a fee for performing this. Cash advance interest will apply on the EBT. You may get a teaser rate for a limited amount of time. After it expires, the normal cash advance interest rate for the credit card will kick in.   Check your credit card statement. Somewhere, you'll see a section listing the interest rates. One for retail purchases, one for cash transactions.   Do not do this. If you need to borrow money to pay off a large debt, do one of the following:  1) Switch to the lowest interest rate card your bank offers  2) Apply for a credit card with another bank that is offering a great teaser rate, transfer the balance, cut your living expenses and send every penny to paying off the balance before the teaser rate expires  3) If you cannot get access new credit or switch credit cards, seek advice from a professional credit counsellor on your options and the best one to choose  Sorry to ramble. I've seen far too many people fall into the debt trap. You don't want to go there.   Source: I work for a bank which offers credit card products."}
{"_id": "195767", "title": "", "text": "@BlackJack does a good answer of addressing the gains and when you are taxed on them and at what kind of rate. Money held in a brokerage account will usually be in a money-market fund, so you would own taxes on the interest it earned.   There is one important consideration that must be understood for capitol Losses.  This is called the Wash Sale Rule.  This rule comes into affect if you sell a stock at a LOSS, and buy shares of the same stock within 30 days (before or after) the sale.  A common tactic used to minimize taxes paid is to 'capture losses' when they occur, since these can be used to offset gains and lower your taxes.  This is normally done by selling a stock in which you have a LOSS, and then either buying another similar stock, or waiting and buying back the stock you sold.   However, if you are intending to buy back the same stock, you must not 'trigger' the Wash Sale Rule or you are forbidden to take the loss. Examples.  Lets presume you own 1000 shares of a stock and it's trading 25% below where you bought it, and you want to capture the loss to use on your taxes. This can be a very important consideration if trading index ETF's  if you have a loss in something like a S&P500 ETF, you would likely incur a wash sale if you sold it and bought a different S&P500 ETF from another company since they are effectively the same thing.  OTOH, if you sold an S&P500 ETF and bought something like a 'viper''total stock market' ETF it should be different enough to not trigger the wash sale rule.  If you are trying to minimize the taxes you pay on stocks, there are basically two rules to follow.  1) When a gain is involved, hold things at least a year before selling, if at all possible.  2) Capture losses when they occur and use to offset gains, but be sure not to trigger the wash sale rule when doing so."}
{"_id": "195786", "title": "", "text": "Nah, in your example the problem wasn't that Microsoft was charging too much for Internet Explorer, it's that they were giving it away for free which made them the target of antitrust cases by people who were in the business of selling web browsers."}
{"_id": "195787", "title": "", "text": "And as we are reminded because it's been in the news recently, chartered flights are only permitted for the very top of government employees, generally for national security reasons, and only when the itinerary of the trip cannot be satisfied by a commercial option."}
{"_id": "195817", "title": "", "text": "\"Like almost everything in economics, it's a tradeoff. Terms like \"\"good\"\" imply an absolute value. It *can* be good or bad depending on the circumstances, the exact amount it is being set to, and the importance of the things being traded off to different individuals, independent of their per-conceived personal opinion of minimum wage itself.\""}
{"_id": "195824", "title": "", "text": "Just for clarification, delta and probability of expiring in the money are not the same thing. What the guy meant was that delta is usually a close enough approximation to the probability. One way to think about it is to look at the probabilities and deltas of In the Money, Out of the Money, and At the Money options. In these cases, the delta and probabilities are about the same. In fact if you look at an options chain with delta and probabilities, you can see that they are all about the same. In other words, there is a linear relationship between delta and probability. Here are a couple links to other answers around the web: Hope this answer helps!"}
{"_id": "195830", "title": "", "text": "\"&gt; Even if I did simply want to stop being American and live in Somalia I still have to pay taxes.  No, actually you don't. Step 1. Move to Somalia. Step 2. Revoke your American citizenship. Step 3. Pay your final tax receipt. Step 4. Try to live the best that you can in Somalia...  &gt; If it was totally free to leave you'd have a point - that I'm opting in to being here after the fact by not leaving. But that's just not the case. There is a real cost to leaving and renouncing citizenship and thus there is an aspect of being under duress to this \"\"agreement\"\" you claim we make.  This sounds a lot like the \"\"I didn't choose to be born\"\" argument. How old are you?    None of us get to choose where we are born, and what system we are born into. However, there are costs associated with it that we inherit regardless. The choice that we have is to leave - and yes, there is a cost to that too. I am sure people who are born into third world nations would cry so many tears about how unfair the world is for you...\""}
{"_id": "195837", "title": "", "text": "My favorite story of a strategic default is from my friend who way overpaid for a house in the Bay Area. After the housing market fell, he bought a second home (with a separate mortgage), and THEN defaulted on the first house.   The lender on the first house knew that he bought a 2nd home recently, but they couldn't go after it because it was securing a mortgage to a different bank. His credit score was ruined, but it didn't matter to him because you only really need credit for a new mortgage and he already bought a new house."}
{"_id": "195838", "title": "", "text": "IngDirect has this concept of sub accounts inside a main account - that might be perfect for what you are looking for. To clarify, you basically have one physical account with logical sub account groupings."}
{"_id": "195839", "title": "", "text": "\"Here's my crude reasoning: Let's say you have just one recently acquired credit card with a $5000 limit. The company that issued the credit card set the $5000 limit based on however they assessed your risk. Now if you're using a significant portion of of the $5000 limit, it means (at least for them) that you are stretching your wallet. Even if you've been paying monthly consistently and since you are heavily using your limit, it also means that if you lose your primary source of money for even one month, (income etc.), then your risk to the lender increases sharply. Had you been making more money (compared to this $5000 limit) then either you'd have used less % of your available credit or you would've gotten your limits raised by asking your bank to re-evaluate your risk and increase the limit. Also your statement \"\"Why is a US credit score based on credit utilization?\"\" is slightly incorrect. As per FICO, Credit utilization has 35% weight while your payment history has a weight of 35% http://www.creditcards.com/credit-card-news/help/5-parts-components-fico-credit-score-6000.php To sum it up, we can debate if the weight for credit utilization should be higher or lower but unfortunately as others have pointed out, these scores are meant to help lenders not consumers. So whether we like it or not, the secret algorithms to calculate the scores and the actual weights (variables and rules) they use are completely out of our hands.\""}
{"_id": "195850", "title": "", "text": "Keeping in mind these details there's an enormous demand for a software that may fully look after all the facets related to the business enterprise unit of an organization, that's the main reasons why SAP BPC (Business-Planning and Consolidation has been seen as a highly-efficient ERP technology that will look after the whole business needs of an organization."}
{"_id": "195852", "title": "", "text": "It's possible the recipient of the payment is not setup to receive funds form PayPal from a credit card, too."}
{"_id": "195901", "title": "", "text": "\"Great points.  To which I'd add, the success of Freckle has helped us \"\"be our own angels\"\" and invest a lot of our own cash into the development of our second, much bigger SaaS product.  And again, nobody can tell us what to do, or make decisions we don't agree with, because we have 100% ownership. It's a virtuous cycle.\""}
{"_id": "195904", "title": "", "text": "I agree in principle, but only if taxes on dividends once distributed are like 75%. Corporations are very large consumers of public goods such as National defense, and a corporate income tax makes sense from that perspective."}
{"_id": "195920", "title": "", "text": "Merchants apply in advance for the program, and the amount is limited to less than $25."}
{"_id": "195943", "title": "", "text": "Okay, regulations are neither good nor bad for a business but can be either. A regulation forcing people to buy burger king would be good for burger king. Regulation is a neutral term that has been appropriated by certain groups as a go to word to convince people in one direction or another. A regulation that brings maximum social benefit closer to maximum private benefit will help the economy as a whole. One such regulation is that a business cant sell you non functioning goods, knowm as a lemon law. Taxation is the same thing. A tax on something that people over consume can help the economy as a whole as it will encourage the shift of resources away from producing that thing and again bring MSB closer to MPB."}
{"_id": "195950", "title": "", "text": "Costs are almost entirely salaries Apart from all the usual costs incurred by running a large, complex, business, ManU  are servicing debt that is getting up around the GBP500M mark. This is debt racked up by the Glazer family since purchasing the team, as well as debt they took with them to the team.  What sort of factors would affect their share price?  Product endorsements, ticket prices, attendance, and merchandise sales are all important contributors. But also, performance in the domestic league and in domestic and European cups are also factors. Should their participation falter for any reason, that ripples through everything (decrease in brand exposure) - and this is, along with the debt problem, the biggest risk. Edit: By the way, you are aware that this is an NYSE IPO; you can see how they have done on the FTSE over the past 10 years or so."}
{"_id": "195967", "title": "", "text": "\"Wikipedia has a solid article on Money Market Funds which includes a section on \"\"Breaking the Buck\"\" when the money market fund fails to return its full dollar.  Money market funds smoothing out the daily (generally small) fluctuations of investing in short-term treasuries directly but have similar risk over longer periods.  Some funds can and have lost money in market crashes, though even the worst performers still returned 95+ cents on the dollar. While few investments are guaranteed and likely none in your retirement account,  money-market funds are likely the choice you have with the least fluctuation and similar minimal risk to short term treasuries. However, a second important risk to consider is inflation.  Money market funds generally have returns similar or less than the inflation rate.  While money markets funds help you avoid the fluctuations of the stock market the value of your retirement account falls behind the cost of goods over time.  Unless the investor is fairly old most financial professionals would recommend only a small portion of a retirement account be in money market instruments.  Vanguard also has a set of target retirement investment funds that are close to what many professionals would recommend.  Consulting a financial professional to discuss your particular needs is a good option as well.\""}
{"_id": "195975", "title": "", "text": "\"&gt; i dont know who Amway is  [Multilevel marketing](https://en.wikipedia.org/wiki/Multi-level_marketing).  There will be some form of it in the UK (think Herbalife, but [here's a list of them](https://en.wikipedia.org/wiki/List_of_multi-level_marketing_companies)).    &gt; I dont even know what you're argueing?  To my original point:  You will not bootstrap your way to wealth and success simply by having more and more children.  What you will find online, however, are one-off examples of people who take advantage of a system in what is likely an illegal or unintended fashion to support a view you might already have (that view being \"\"you can birth your way to wealth and success\"\").\""}
{"_id": "195977", "title": "", "text": "Dividends are supposed to be paid from company profits (in the current or previous financial years), there are nuances around what profits mean from country to country, but the link is the UK definition from the HMRC. Profits from previous financial years are commonly called retained earnings. There are a few items around this"}
{"_id": "195981", "title": "", "text": "Deming Electro Plating Corporation specializes in providing gold silver plating services in NY. We have been providing high quality gold and silver plating service for over 60 Years. Using the highest quality materials and state of the art technology we offer quality finish. Our highly experienced technicians can meet any demand and complete the job in no time. With our reasonable pricing and fast turnaround, we provide a very cost effective service."}
{"_id": "196001", "title": "", "text": "Yes, you've got it right.  The change in price is less meaningful as the instrument is further from the price of the underlying.  As the delta moves less, the gamma is much less. Gamma is to delta as acceleration is to speed.  Speed is movement relative to X, and acceleration is rate of change in speed.  Delta is movement relative to S, and gamma is the rate of change in delta. Delta changes quickly when it is around the money, which is another way of saying gamma is higher.  Delta is the change of the option price relative to the change in stock price.  If the strike price is near the market price, then the odds of being in or out of the money could appear to be changing very quickly - even going back and forth repeatedly. Gamma is the rate of change of the delta, so these sudden lurches in pricing are by definition the gamma.  This is to some extent a little mundane and even obvious.  But it's a useful heuristic for analyzing prices and movement, as well as for focusing analyst attention on different pricing aspects. You've got it right.  If delta is constant (zero 'speed' for the change in price) then gamma is zero (zero 'acceleration')."}
{"_id": "196017", "title": "", "text": "According to your scenario then, if Gen Xers are making less money then they'll also be working longer, thereby keeping millenials out of those jobs for even longer, thereby reducing millenials' earning expectations even further. The Gen Xers are already in a better position because they are more likely to have experience in a given industry; the millenials often lack even that, and in addition they are likely to have large student debts (because they paid more for college in the first place) and no way of paying it back.   I really don't see how the generation attempting to enter the workforce now has any advantages over their predecessors. Everything is stacked against them. I'm not saying it's good for other generations, but it is worst for millenials. It will probably be even worse for future generations."}
{"_id": "196055", "title": "", "text": "\"It is probably a strategy.  Apple could clearly afford to pay them more.  They could double the salary of all their sales staff and you'd barely even notice on Apple's bottom line.  But I think their strategy is to offer a salary that is a bit higher than the competition but not so high that you wind up with sales staff that never leave.  I don't think they want \"\"lifers\"\".  They probably like the churn of fresh new Apple enthusiasts coming in each year.\""}
{"_id": "196058", "title": "", "text": "\"Thinking their funny... in the graph... you lost me and did not influence me when I read that.  In general, today's crowd, including my 12 years old son, know that when someone is pushing something at you, it's almost for sure not a good product or idea.  Especially when it's not clear what the idea/product is, and when trying to find out more information from them, you can't.  As my grandfather said, \"\"good product and ideas do not need promotion and, instead, you need to search for them.\"\" Simple as that.\""}
{"_id": "196070", "title": "", "text": "\"Fuck it, we'll do it live: &gt; Smart investors don't time markets. If they miss a wave, they search for the next one and get themselves in position. Why this is hard for most investors is because buying what is not popular is frightening to them. Timid investors are like sheep going along with the crowd. Or their greed gets them in when wise investors have already taken their profits and moved on. Wise investors buy an investment when it's not popular. They know their profits are made when they buy, not when they sell. They wait patiently. As I said, they do not time the market. Just like a surfer, they get in position for the next big swell. &gt; &gt; It's all \"\"insider trading.\"\" There are forms of insider trading that are illegal, and there are forms of insider trading that are legal. But either way, it's insider trading. The only distinction is how far away from the inside are you? The reason you want to have rich friends who are close to the inside is because that is where the money is made. It's made on information. You want to hear about the next boom, get in and get out before the next bust. I'm not saying do it illegally, but the sooner you know, the better your chances are for profits with minimal risk. That is what friends are for. And that is financial intelligence.  Those are the paragraphs I'm talking about.\""}
{"_id": "196080", "title": "", "text": "\"In addition to the \"\"The Time Machine\"\"-type society you're talking about where the working class basically end up devolving into hunting game for elites, i'd worry that the enhancement for the skilled-labor jobs you describe would include some dog collars. If I'm an enhanced engineer I'll start my own company, not make money for someone else. If I'm a super soldier I'd hit up academi (blackwater), not get treated like shit in the army. If these technologies can enhance intelligence, it can probably also steer traits like loyalty, ambition, etc to ensure that the person acts more like an appliance rather than a genius.\""}
{"_id": "196086", "title": "", "text": "Equifax is big news for affected individuals but the company itself is neither very big, nor is it actually going out of business. So probably not big enough. Like I said it's not all doom and gloom. The economy isn't so fragile that something like this will immediately send it into recession."}
{"_id": "196090", "title": "", "text": "\"No it isn't. Socialism has never flattened disparity. Learn some history and stop giving old concepts new names in an effort to clean the slate.  Giving everyone an equal quantity of money does nothing. If you scale the support relative to \"\"need\"\", well then.... the 20th century would like to have a word with you.   Few more dangerous, oppressive and disastrous forms of government have ever been seen.\""}
{"_id": "196095", "title": "", "text": "You are correct, however, Romney is touting his record at creating American jobs. If his record is actually shipping jobs overseas then he's lying...shocker, a politician lies!!! That being said it's very said that we as Americans put up with this. They only lie because we so easily forget, and it's probably not that we forget, but that our two party system limits our options. Rather than creating useful debate both sides have started pandering to the far sides of their party. We've allowed ourselves to become so enamored with what the party is for or against that we really don't even know what we are fighting for (in most cases).  It's very sad that we live in a world where people feel it's impossible to see the other persons point of view just because we've convinced ourselves we are right. It is impossible to have the solution to every problem and pretending that we do just shows our own ignorance."}
{"_id": "196097", "title": "", "text": "What helped them is they had some troubles earlier than everyone else, before the banking crisis hit. So they fixed things then and didn't have to go through the fire sale that everyone else dealt with. From what I've read in the past, it was more luck than it was good management. Although people will happily take credit for it."}
{"_id": "196099", "title": "", "text": "&gt; No, the main difference is dividends don't take shares out of the marketplace to artificially inflate a quarters EPS. Because buyback decreases shares outstanding it also decreases the company's total future dividend payouts as well.  You have no idea what you are talking about.  Buybacks are almost exclusively *better* for shareholders than dividends because they can be taxed at the long term capital gains rate, whereas dividends are subject to a higher tax rate.  The fact that corporate buybacks have increased so much lately at the expense of dividends is a sign of good management by insiders."}
{"_id": "196104", "title": "", "text": "Yeah, and when they succeed humans will be displaced by robots. But it's going to happen to office workers before it happens to fast food workers. It's already happened in a big, big way on Wall Street--my field (finance) has seen headcounts crater much more than fast food, on an absolute or relative basis."}
{"_id": "196108", "title": "", "text": "One thing you may want to consider if your budget is tight....do your own Escrow.  You have to be disciplined, but I don't see that as a problem for you.  Nice job on no car payment or student loans! The banks almost always screw up escrow, and you can keep your monthly savings payment exactly what they need to be.  Dump 610 in a savings account every month and you should be golden.   Here in Orange County, Florida taxes are due in April, you can get a discount of 1%/month if you pay early.  November is the first time you can pay it.  When you run your own escrow, as I do, I can pay when I want (at the end of November) and maximize my discount.  Now your situation may differ, but probably 110% (not based upon research) of escrow accounts are goofed up."}
{"_id": "196119", "title": "", "text": "You have to check if the investment vehicle you are planning to buy is acceptable for ISA on a case by case. Then if it is allowed by HMRC you have to check that your ISA provider offers those products (the mainstream providers might offer a more limited range of products and you might have to go to change your provider)"}
{"_id": "196156", "title": "", "text": "Some to manage day to day expenses, bills, and to save money. I already a system in place for investments and retirement. I was just wanting to know if there was a good app to help with these things instead of having to use a pen and paper to figure this stuff out when I am on the go away from my computer."}
{"_id": "196173", "title": "", "text": "Suppose I purchase $10,000 worth of a particular share today. If the person(s) I am purchasing the shares from paid $9,000 for those shares, then I replacing their $9,000 investment with my $10,000 investment.  This is a net inflow of $1,000 into the market. Similarly, if the person(s) I am purchasing the shares from paid $11,000 for those shares, then their $11,000 investment is being replace by my $10,000 investment.  This is a net outflow of $1,000 out of the market. The aggregate of all such inflows and outflows in the net inflow/outflow into the market over a given period of time.  (Here we are ignoring the effects of new share issues.)"}
{"_id": "196225", "title": "", "text": "Ok, so new information, apparently Schizoaffective is automatically qualified for disability. So I guess that changes the question a little bit. We just have to prove she can't adapt well to change, which is evident by the mental break down and severe psychosis symptoms she had after she lost her job."}
{"_id": "196233", "title": "", "text": "The truth is that Visa does not require a merchant to enter the cvv number before authorizing a transaction.  The only information that is really needed is the credit card number and expiration date."}
{"_id": "196237", "title": "", "text": "\"Debt increases your exposure to risk.  What happens if you lose your job, or a major expense comes up and you have to make a hard decision about skipping a loan payment?  Being debt free means you aren't paying money to the bank in interest, and that's money that can go into your pocket. Debt can be a useful tool, however.  It's all about what you do with the money you borrow.  Will you be able to get something back that is worth more than the interest of the loan? A good example is your education.  How much more money will you make with a college degree?  Is it more than you will be paying in interest over the life of the loan?  Then it was probably worth it. Instead of paying down your loans, can you invest that money into something with a better rate of rate of return than the interest rate of the loan?  For example, why pay off your 3% student loan if you can invest in a stock with a 6% return?  The money goes to better use if it is invested.  (Note that most investments count as taxable income, so you have to factor taxes into your effective rate of return.) The caveat to this is that most investments have at least some risk associated with them.  (Stocks don't always go up.)  You have to weigh this when deciding to invest vs pay down debts.  Paying down the debt is more of a \"\"sure thing\"\". Another thing to consider: If you have a long-term loan (several years), paying extra principal on a loan early on can turn into a huge savings over the life of the loan, due to power of compound interest.  Extra payments on a mortgage or student loan can be a wise move.  Just make sure you are paying down the principal, not the interest!  (And check for early repayment penalties.)\""}
{"_id": "196259", "title": "", "text": "The whole thing about buddy cop movies is that they're hilariously mismatched. Think Danny glover and Mel Gibson, or Jackie Chan and Chris tucker. You'd have to pair R2D2 off with a droid whose personality is diametrically opposed... I wonder who that could be?... hmm..."}
{"_id": "196270", "title": "", "text": "The final decision must be made by you, but from personal finance perspective it's the high risk investment. The first consideration is, do you have enough money to invest? You need money for much more that 7 months, because the money won't flow immediately. At best you should have finantial reserves for 18-24 months. The second, do you wish to risk? You can place a deadline, for example if after 18 months you're still on minus, you give up and return to the normal work. It will mean you've worked for 18 months for nothing, while having expences, so it's effectively a lost."}
{"_id": "196274", "title": "", "text": "The legalization of marijuana has led to higher wages for unskilled workers. People who would normally work in fast food or the restaurant industry is a good example of this. Instead of taking a minimum wage job, these marijuana companies are offering higher wages to work for them. These jobs tend to be a less stressful and pay more than working in a restaurant so more and more unskilled workers are going into this field.  In fact this has created a shortage of jobs in the restaurant industry. Colorado literally cannot find enough people to work in their restaurants..  I've worked in the coal Industry for 3 years but I can't comment on the coal situation since I've been out of that market for a while. All I can say is nuclear is our future."}
{"_id": "196286", "title": "", "text": "And how are these people supposed to get out of poverty when all their jobs are being shipped to China by wealthy businessmen tired of paying living wages here in America?  Also, trying to blame Obama for something that's completely controlled by congress is tiresome.  This country makes me sick lately.  Anyone who's ever been poor knows what a horrible trap it is, and how hard to escape it is.  They need all the help they can get."}
{"_id": "196291", "title": "", "text": "MZM (or Money Zero Maturity) refers to the total amount of money that is immediately redeemable at par value on demand. It includes coins and currency in circulation, checking and saving accounts, and money market funds. Thus, MZM includes all financial instruments that can be freely accessed immediately without penalty or risks.  The chart, as described by the above paragraph, excludes treasuries/federal debt, 401ks/IRAs, foreign investment, home loans, student loans, bonds and the stock market.   Boomers are drawing down their savings accounts while most of GenX/millennials income is beholden to some form of debt for at least a decade or more.  The chart is a vivid illustration of why the middle class is being hollowed out and why headline inflation has not manifested yet."}
{"_id": "196292", "title": "", "text": "They are two different animals. When you rent you are purchasing a service.  The landlord, as your service provider, has to make a profit, pay employees to do maintenance, and buy materials. The price of these things will increase with inflation, and that rolls into your rent price. Taxes also are passed to the tenant, and those tend to only go upward. Market forces of supply/demand will drive fluctuation of prices as well, as other posts have described. When you buy, you are purchasing just the asset - the home. This price will also be driven by supply/demand in the market, but don't try to compare it to buying a service. Cheers!"}
{"_id": "196293", "title": "", "text": "By the way, I 'd like to add that it is a real pussy move to insist on downvoting a person you are having a one on one conversation with.  I mean, I could go back and downvote all of your posts, but I am not a whiny pussy just because someone disagrees with me."}
{"_id": "196295", "title": "", "text": "When you live in your own rental property, it no longer counts as your 'rental property'. It becomes your own living property and legally you cannot get tax benefits."}
{"_id": "196297", "title": "", "text": "\"Its funny how we call them teens, teenagers etc.   I fucking hated being called that when I was one.  Go to Barnes and noble and there is a \"\"teen fiction\"\" section.  Must be for 12 years olds or something, so they feel older.  The only appropriate time to call a person a teen is in porn, and those bitches are all 22.\""}
{"_id": "196299", "title": "", "text": "Let an app do it for you, group items and see where you spend your money. One example: https://www.tinkapp.com/en/ Should provide a starting point for showing income vs expenses."}
{"_id": "196304", "title": "", "text": "In a perfect market, share prices are by definition a perfect reflection of the true value of a share. Hence, you always get $10 for a share that's worth that much. In reality, the market is imperfect. Prices are somewhat of an average of all different estimates, and there's a cost-of-trading margin between sales and buy prices. Hence, in a perfect market it doesn't matter whether you have a stop loss order at $9.00. That just trades your stock worth $9 for cash worth the same $9. In an imperfect market, that trade nets you less. Furthermore, is risk a linear function of money? Perhaps not, if you bought on margin, need to lend extra and your interest rate increases with the extra credit demand."}
{"_id": "196308", "title": "", "text": "In the EU prices on consumer-focussed sites* are quoted inclusive of VAT. In the USA prices are  quoted exclusive of sales tax. Consumer pricing is usually driven at least partly by psychological concerns. Some pricepoints are more appealing to certain types of buyers than others.  The Euro vs dollar exchange rate has fluctuated a bit over the years but it's generally averaged somewhere around 1.2 dollars per Euro over the last decade. VAT has varied around 15%-20% in most cases. Put these things together and the same headline price points are generally appropriate in both the USA and the Eurozone. OTOH the Brisith pound has been worth substantially more than the dollar or the Euro. So it makes sense to have a lower headline price in the UK. * B2B focussed sites often quote prices exclusive of VAT, you need to be aware of this when comparing prices."}
{"_id": "196321", "title": "", "text": "\"What theyre fishing for is whether the money was earned in the U.S.  It's essentially an interest shelter, and/or avoiding double taxation.   They're saying if you keep income you make outside the US in a bank inside the US, the US thanks you for storing your foreign money here and doesn't tax the interest (but the nation where you earned that income might).   There is no question that the AirBNB income is \"\"connected with a US trade or business\"\".   So your next question is whether the fraction of interest earned from that income can be broken out, or whether IRS requires you to declare all the interest from that account.   Honestly given the amount of tax at stake, it may not be worth your time researching.   Now since you seem to be a resident nonresident alien, it seems apparent that whatever economic value you are creating to earn your salary, is being performed in the United States. If this is for an American company and wages paid in USD, no question, that's a US trade or business. But what if it's for a Swedish company running on Swedish servers, serving Swedes and paid in Kroner to a Swedish bank which you then transfer to your US bank? Does it matter if your boots are on sovereign US soil?  This is a complex question, and some countries (UK) say \"\"if your boots are in our nation, it is trade/income in our nation\"\"... Others (CA) do not.  This is probably a separate question to search or ask. To be clear, the fact that your days as a teacher or trainee do not count toward residency, is a separate question from whether your salary as same counts as US income.\""}
{"_id": "196325", "title": "", "text": "&gt;Asking people to travel less is silly, and punishing companies for CO2 emissions when there is no alternative is also silly,  Neither are silly to the typical environmentalist.    &gt;so I hope these regulations are trying to encourage some sort of 'positive' behaviour?  They are encouraging people to fly less. Environmentalists view that as a positive change in behavior."}
{"_id": "196339", "title": "", "text": "Our certified arborists are skilled in managing your pruning, removal, trimming and cutting trees. We are providing the most comprehensive tree care practices in Lafayette, LA. Our expertise and experience have made us a household name that is known for professionalism, and to prove it, we offer you a 100% satisfaction guarantee on every project that we do."}
{"_id": "196365", "title": "", "text": "There are two (main) ways of transferring large sums of money between banks in such a situation. 1) Have your bank mail a cashier's check.  They may or may not charge you for this (some banks charge up to $6, the bank I work at doesn't charge at all).  You have to wait for the check to go through the mail, but it usually takes just a few days. 2) Wire the money.  This could cost $50 or more in combined fees (usually around $30 to send and $20 to receive), but you get same day credit for the funds. The limits to online transfers are in place to protect you, so that if someone gets into your account the amount of damage they can do is limited.  If you need those limits lifted temporarily, check with your bank about doing so - they may be willing to adjust them for you for a brief period (a day or two)."}
{"_id": "196374", "title": "", "text": "\"First to clear a few things up.   It is definitely not a gift. The people are sending you money only because you are providing them with a service.   And for tax purposes, it is not a \"\"Donation\"\". It has nothing to do with the fact that you are soliciting the donation, as charitable organizations solicit donations all the time. For tax purposes, it is not a \"\"Donation\"\" because you do not have 501(c)(3) non profit status.   It is income. The question is then, is it \"\"Business\"\" income, or \"\"Hobby\"\" related income?   Firstly, you haven't mentioned, but it's important to consider, how much money are you receiving from this monthly, or how much money do you expect to receive from this annually?   If it's a minimal amount, say $50 a month or less, then you probably just want to treat it as a hobby. Mostly because with this level of income, it's not likely to be profitable. In that case, report the income and pay the tax. The tax you will owe will be minimal and will probably be less than the costs involved with setting up and running it as a business anyway. As a Hobby, you won't be able to deduct your expenses (server costs, etc...) unless you itemize your taxes on Schedule A.   On the other hand if your income from this will be significantly more than $600/yr, now or in the near future, then you should consider running it as a business.   Get it clear in your mind that it's a business, and that you intend it to be profitable. Perhaps it won't be profitable now, or even for a while. What's important at this point is that you intend it to be profitable.   The IRS will consider, if it looks like a business, and it acts like a business, then it's probably a business... so make it so.   Come up with a name for your business. Register the business with your state and/or county as necessary in your location. Get a bank account for your business. Get a separate Business PayPal account. Keep personal and business expenses (and income) separate.   As a business, when you file your taxes, you will be able to file a Schedule C form even if you do not itemize your taxes on Schedule A. On Schedule C, you list and total your (business) income, and your (business) expenses, then you subtract the expenses from the income to calculate your profit (or loss).   If your business income is more than your business expenses, you pay tax on the difference (the profit).  If your business expenses are more than your business income, then you have a business loss. You would not have to pay any income tax on the business income, and you may be able to be carry the loss over to the next and following years. You may want to have a service do your taxes for you, but at this level, it is certainly something you could do yourself with some minimal consultations with an accountant.\""}
{"_id": "196375", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.motherjones.com/environment/2017/07/heres-the-real-reason-republicans-dont-give-a-damn-about-climate-change/) reduced by 90%. (I'm a bot) ***** &gt; Of the impacts studied, increased mortality will be the greatest direct economic cost from climate change, accounting for about two-thirds of the costs seen by the end of the century according to the study and using mortality values consistent with current U.S. government practices.  &gt; Amir and others working in the intersection of climate change and the economy have started a group called the Climate Impact Lab.  &gt; While the study paints one of the most detailed pictures of the winners and losers from the impacts of climate change in the U.S., Rasmussen cautioned that it&amp;#039;s far from complete, and that many other impacts still need to be studied.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6l3opk/the_economic_consequence_of_climate_change_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~158531 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Climate**^#1 **change**^#2 **study**^#3 **cost**^#4 **how**^#5\""}
{"_id": "196378", "title": "", "text": "Precious metals, treasury bonds, real estate, etc.   These are good investments that generally produce low income with low risk. In order to get the economy back to work we need capital to invest in riskier, but more productive endeavors."}
{"_id": "196382", "title": "", "text": "It's cheap compared to coastal cities. I agree it'll see a big pullback given the last two years of growth. Have to disagree that it's just a generic town though. Lots of reason why Amazon would be interested in coming here. In fact NYT just made the same prediction."}
{"_id": "196385", "title": "", "text": "The car created tons of jobs.  We have already seen one robot replace hundreds of people in factories.   Automation with robots and AI will not create more jobs than it displaces.  What need is a human when you have a robot doing the work? You seem to be confusing the anti technology people of the olden day with the vastly more intelligent and technologically minded people of today.  You are mischaracterize the student loan debt issues.  A baby boomer leaving doesn't mean they're replacing them. Do more with less is a corporate motto.   Btw if you think serving of these robots will make a ton of jobs you don't know how the servicing industry works. It won't.  You're also ignorant about healthcare costs. Market forces can't fix this nor will they.  If I held a gun to your head and told you to pay x you will. That's basically the same as you have cancer now here's your bill.  For a millionaire you're not so great at reality."}
{"_id": "196399", "title": "", "text": "I can't find specific information for Form 1099-DIV for this tax year.  However, I found this quote for next tax season that talks about Form 1099-B: Due date for certain statements sent to recipients.   The due date for furnishing statements to recipients for   Forms 1099-B, 1099-S, and 1099-MISC (if amounts are   reported in box 8 or 14) is February 15, 2018. [emphasis added] I know many brokerages bundle the 1099-DIV with the 1099-B, so one might assume that the deadlines are the same.  February 15 seems consistent with the messages I got from my brokerages that said the forms will be mailed by mid-February."}
{"_id": "196404", "title": "", "text": "\"&gt;1.) The US mint is a private business. There's your first flaw of any argument about currency before we talk further.  Policies are set by the US Congress, and the Mint operates under the auspices of the US Treasury. You don't point out how any of this relates to anything, so I guess no point in going any further.   &gt;2.) That small percentage value of the penny \"\"not being worth your time\"\" is a huge fallacy. It might not be worth anything to him, but I generally would be intent on getting a few cents back that are due to me. Similarly, using his example of 3 cents adding 2 seconds to the transaction ends up at a rate of $54/hr. That's quite a bit of money to be considered.  If we assume that any penny related transaction is equally likely to have 1 - 4 pennies involved, and we take the 2 second figure as accurate, then we come up with $45 per hour. However, there is the time of the cashier and anyone behind you to consider. That 2 seconds is multiplied by everyone, but only you get the pennies. If we figure you have to wait as often as you receive pennies on the whole, then the figure gets slashed, I'm guessing under $10 an hour.   Your figure also fails to account for what would happen if the penny were removed from circulation. Most likely outcome would be that transactions where you'd make 1 or 2 pennies would be rounded down and transactions where you'd have gained 3 or 4 pennies would be rounded up. You aren't actually (on the whole) gaining or losing any money at all.   &gt;3.) No machines take pennies. Fair enough. Not really the fault of the penny itself, but more so a fault of brash inflation.  This isn't about establishing guilt. Pennies are tools and symbols, if they don't serve their purpose, then maybe we should consider removing them.   &gt;4.) Supposing the penny does get removed, the axe gets held above the neck of the nickle inevitably. Then the dime, and so on.   So?  &gt;You'll also see a massive disruption in handling of accounting principles and tax rates due to being forced into /5 rates. All adjustable, yes, but it does cause a whole new mess of issues in it's own right.  This can be acknowledged. One might take issue with massive, but a transition would not be free of labor and education costs.   &gt;5.) Lincoln's face has nothing to do with this argument. 25 seconds worth of video wasted (that's about 35 pennies worth).  Maybe it didn't hit home with you, but the videographer obviously felt he was addressing someone's concern. The psychological impact of change or the not-strictly-scientificattachment to traditions or history would have to be taken into account in a fair evaluation of implementing a big change.\""}
{"_id": "196405", "title": "", "text": "\"Salaries normally shouldn't fluctuate with inflation and deflation... Inflation prevents consumers from spending (prices get too high), ultimately taking money out of circulation. This causes the market to go in to deflation (or at least deflate back to normal). That's when people begin to spend again, and start the cycle all over again. Now... Imagine if salaries increased with inflation... Inflation would never end. Everyone could keep affording the high prices. A Starbucks coffee would eventually cost $150, but the \"\"middle-class\"\" would all be millionaires. Your \"\"small-change\"\" would consist of a wad of useless bills, and the government would have to continually print out more money just to keep up. NOTE: This is not a direct answer to \"\"where goes delta?\"\", but would more be directed to the part \"\"Prices go up and salary doesn't\"\".\""}
{"_id": "196416", "title": "", "text": "A Standby Letter of Credit was required by a company in UAE to import Gold Dust from a supplier in South Africa, but they do not have enough cash flow to obtain the Standby LC from their Bank. They found Bronze Wing Trading &amp; availed their required SBLC MT760 without any Financial Collateral."}
{"_id": "196423", "title": "", "text": "Not a financially sound decision in my humble opinion. Basically, you are prepaying your taxes and the only reason you want to do that is if you don't have the discipine to save that money for when it is time to pay next year (assuming you will have to)."}
{"_id": "196427", "title": "", "text": "Capital gains tax is an income tax upon your profit from selling investments. Long-term capital gains (investments you have held for more than a year) are taxed significantly less than short-term gains. It doesn't limit how many shares you can sell; it does discourage selling them too quickly after buying.  You can balance losses against gains to reduce the tax due. You can look for tax-advantaged investments (the obvious one being a 401k plan, IRA, or equivalent, though those generally require leaving the money invested until retirement). But in the US, most investments other than the house you are living in (which some of us argue isn't really an investment) are subject to capital gains tax, period."}
{"_id": "196429", "title": "", "text": "The number is a bit higher than what it seems. Its not like they fired 35,000 people. But by franchising the restaurants out, all the employees that worked at each location are now employees of the franchise owners. Not Burger King directly. So it reduced the number of employees burger king corporate has to maintain, but those people are still employed at burger king.  Just clearing that up in case someone thought they literally fired 35,000 people."}
{"_id": "196430", "title": "", "text": "Madagascar would seem to be a better comparison of what a country would look like if colonized by Africans rather than Europeans.  In fact, when Africans first crossed over the Mozambique channel to reach Madagascar, they found there were already an indigenous population living there (who had come from Borneo/SE Asia) centuries prior.  This is very similar to how Europeans found Native Americans.  So, how is Madagascar doing?  Somewhat better than Zimbabwe, but only barely.  https://en.wikipedia.org/wiki/List_of_African_countries_by_GDP_(PPP)_per_capita"}
{"_id": "196432", "title": "", "text": "It has a bit of a learning curve, but I like GNU Cash. (And since it open source, it's free!)"}
{"_id": "196446", "title": "", "text": "Tesla was founded in 2003.  In those 14 years they have managed to build a complete car company, fight a lot of regulatory nonsense off, ship the two incredible production electric vehicles and other products, and build out a network of dealers and charging stations.  That is and insane feat.  So what if they missed some deadlines, that is going to happen when you consider the scale they are working at."}
{"_id": "196455", "title": "", "text": "\"This is a great question, considering that all of your expenses including PITA, Maintenance, etc. are paid by a tenant, your cash flow is $0. Most people would stop and assume your investment is not performing and your only chance at making money is through appreciation. Your question eliminates appreciation so here are the returns you would get on your investment. The math will probably surprise many that you are actually earning a return on your money.   Annual Return = [((Future Value)/(Initial Investment))^((Periods per Year)/(Number of Periods) -1]*100\u00a0% 5.51% = [($200,000/$40,000)^(12/360)-1]*100\u00a0% As Chris Rea commented: The subtlety that some would miss is that while \"\"income covers expenses exactly\"\", embedded in the \"\"expenses\"\" is actually a repayment of the loan principal (and technically, that's not an \"\"expense\"\") so not all of the income is \"\"lost\"\" covering the \"\"expenses\"\". That repayment of principal portion of the rental income constitutes the return on the original capital invested.\""}
{"_id": "196461", "title": "", "text": "What it is trying to describe is the psychology around the current price of the stock.  In candlestick charts for example, if you get what is called a Bearish Engulfing Candle (where the open is higher than the previous day's close and the close is lower than the previous day's open) at the top of an uptrend, this could mean that the top may have been reached and the bears are taking over the bulls. A Bearish Engulfing candle is seen as a bearish reversal pattern, as the bulls start the day by opening the stock at a higher price than yesterday's close, but by the end of the day the bears have taken over as the price drops below yesterday's open. This reversal pattern can be even more pronounced and effective if it coincides with other chart indicators, such as an overbought momentum indicator. If you want to learn more look up about the Psychology of the market and Candlestick Charting."}
{"_id": "196463", "title": "", "text": "As a general rule, you must choose between a mileage deduction or an actual expenses deduction.  The idea is that the mileage deduction is supposed to cover all costs of using the car.  Exceptions include parking fees and tolls, which can be deducted separately under either method.  You explicitly cannot deduct insurance costs if you claim a mileage deduction.   Separately, you probably won't be able to deduct the deductible for your car as a casualty loss.  You first subtract $100 from the deductible and then divide it by your Adjusted Gross Income (AGI) from your tax return.  If your deductible is over 10% of your AGI, you can deduct it.   Note that even with a $1500 deductible, you won't be able to deduct anything if you made more than $14,000 for the year.  For most people, the insurance deductible just isn't large enough relative to income to be tax deductible.   Source"}
{"_id": "196478", "title": "", "text": "The 1 for 1 split could be the case where a company is being split into two parts. The new part may be spun off, or sold to another company. Any time a company splits into two parts, the ratio of the resulting companies needs to be determined."}
{"_id": "196482", "title": "", "text": "From my POV, if the title doesn't match the skills listed as requirements and the pay is below what it should be I just won't apply.  Younger me would, then would snub the HR team after they get huffy when my first question is will you pay X with YZ benefits potentially? If not let's just stop talking to each other now.   Older me is too busy and too grumpy to waste my time with incompetent HR, tell me what you want and I'll apply if it fits. If I have to guess it's probably a safe assumption that you don't know or are hoping for a skilled worker for peanuts and I've got no reason to bother with you. /rant  I get the 'reason' HR does this, now you'll have to accept less qualified candidates are going to apply because it's not worth your bullshit."}
{"_id": "196507", "title": "", "text": "Oh, that's neat I guess.  I didn't even know about that feature.    I just wish there was a good playlist system.  Let me add new mixes to a playlist so I can just hit go on that instead of hunting in the list for them."}
{"_id": "196520", "title": "", "text": "\"i know that hedge funds shouldn't be compared with index funds. they do different things. they serve different functions. but when the headline is they are reporting big gains, and then they report that \"\"Ken Griffin\u2019s main Wellington and Kensington funds at Citadel rose almost 7 percent.\"\" YTD, and \"\"Andreas Halvorsen\u2019s Viking and an equity-focused quantitative fund at Renaissance are up more than 9 percent this year through July\"\" as reporting \"\"Big Gains\"\" it's a little silly when an index fund like SCHB is up 10.7% YTD with an ER of 0.03.\""}
{"_id": "196540", "title": "", "text": "Do people think that tv is really  that bad? The percentage of good shows is shrinking due to the number of channels, but there are some absolutely amazing shows on right now. The internet itself isn't providing many original shows at the moment."}
{"_id": "196543", "title": "", "text": "Martha Stewart went to jail for conspiracy, obstruction of an agency proceeding, and\u00a0making false statements\u00a0to federal investigators. The judge threw out the securities fraud charge.  She wasn't punished for insider trading. She only served 5 months because she tried to cover it up."}
{"_id": "196553", "title": "", "text": "I'd remove any mention of Facebook,  or social media , list instead real world social skills and activities , a recreational activities section is fine . Gym , book club ect . Presumed if your under 40 you can Facebook  Presumed if your intiveiwer is over 40 they hate it"}
{"_id": "196555", "title": "", "text": "I ignored nothing. Click the Wikipedia link I provided, sort by UN R/P 10%, in descending order. Now look at the top 30. Overlap with the top 30 on the [HDI](http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index)? Zero.  As for your anecdote... the fact that you try to justify a sweeping statement about *international economics throughout history* - and one that happens to contradict just about every piece of data in existence - by talking about your own, personal experiences gives me the distinct impression that talking economics with you might just be a waste of time."}
{"_id": "196582", "title": "", "text": "A kohler power solution generator gives numerous ideal conditions to the customer. Exactly when your home loses control for whatever component, the generator will rapidly and by and large switch on and offer your home the power for essential things, for instance, circulating air through and cooling, lights, and whatever else you may require. This can be to an incredible degree pleasing in emergency situation conditions. Among the remarkable parts of current generators is that they are delivered to rapidly switch on when power is lost. This shields you from hoping to vacillate around neglectful or leave your family in an emergency circumstance. With such advances being developed you not have to reel around careless endeavoring to find electric lights just to find that they have no batteries or stress over fire lights which may realize flares. All these unneeded things are not exactly as of late hazardous however risks to your security are. A crisis control arrangements may demonstrate security for your family in an occasion that power takes off."}
{"_id": "196587", "title": "", "text": "&gt; Close proximity to an international airport and major roads  That tells me that they probably want to include a major fulfillment center.  With that in mind I would expect it to end up within a few hundred miles of St. Louis."}
{"_id": "196596", "title": "", "text": "\"The benefit of having gold to trade is that there is almost always someone that will take gold when the fiat currency is in trouble.    The potential downfall of doing this is that when people think the fiat currency is in trouble, they tend to buy up gold, thus driving up the price.  This means that you get less gold for each hour of work you perform (deer-haunch, basket of apples, etc.).    Even more, if the financial crisis is limited to only one fiat currency, you have a situation where that fiat currency devalues but others can gain in value as people try to sell their old currency for the new standard currency.  If people also sell their gold to buy up this currency, that lowers the price of gold in that currency.    For example, let us assume that gold was 1000 dollars an ounce and 1000 euros an ounce.  Suddenly, people start thinking that the euro is in trouble, so they start buying gold.  The law of supply and demand kicks in (more buyers, same supply, so higher prices) and gold is suddenly worth 2000 dollars and 2000 euros an ounce.  If you start buying at this point, you get half as much gold as the person who bought in the beginning.  Suddenly, the euro collapses.  Stores that used to take euros start demanding dollars.  Suddenly, it costs 20,000 euros for an ounce of gold but an ounce of gold will only get you 1,000 dollars since everyone is selling their gold to get dollars.    The people who buy gold in the \"\"panic\"\" end up losing half the value of their money if not more.  The \"\"speculators\"\" that bought gold at $1,000, sold it at $2,000, and bought it back at $1,000 now have all their gold back plus the $1,000 the other people lost.\""}
{"_id": "196600", "title": "", "text": "My experience exactly. Over the past two years I had near perfect service with AA. The last 2 months have been unbelievably bad, always due to some maintenance issue. The only upside has been the miles they have awarded me for my inconvenience. Perfect, miles for an airline I don't want to fly anymore."}
{"_id": "196601", "title": "", "text": "* 2007 Accountant communicate with bosses about the ethical problem and possible illegal practices * Next years, Accountant work in complicated work environment ending with superiors retaliated against him for speaking out * 2012 Accountant hand over to IRS, and OSHA, a 137 pages of document proving how Cat swift billions in profit to Switzerland to avoid U.S. taxes * 2012 Accountant quits company * 2013 IRS concluded on abusive tax and demanded $ 2 billion * 2014 a U.S. Senate investigative committee, grilled executives and concluded the company had avoided taxes on more than $8 billion in revenue. * February 2017,  \u201cI love Caterpillar,\u201d President Orange Donald Clown says. * March , 2017, the IRS, Department of Commerce, and Federal Deposit Insurance Corp. raid Caterpillar headquarters, warehouses and datacenter.  * IRS standards payment is 15% to 30% of what it collects."}
{"_id": "196616", "title": "", "text": "Thanks for your reply, Sarah!  I am sure there is no significance in the Washington Post disclosing that it is owned by Jeff Bezos, but my point is that if the patent was created for a cunning plan, I highly doubt Jeff would have let the cat out of the bag in this way, especially by a newspaper organization that he owns. As the other individual mentioned, I just think this is Bezos's flexing his muscles to other competitors--heck, he may even attempt to sell the innovation for a whopping amount of money.  Believe me, I LOVE innovation as well. I think it plays an instrumental role in society. However, there are some innovations that are detrimental to us as a people, even if it may seem infinitesimal at the moment. If you haven't noticed, but the more technology that is created, the less privacy we have, the dumber we become and the more jobs we lose to automation.   If Amazon succeeds and generates umpteen profit from operations at Whole Foods via electronic (automation) means, I see Wal-Mart coming back harder with automation services, which will prove detrimental to jobs."}
{"_id": "196640", "title": "", "text": "As BrenBarn stated, tracking fractional transactions beyond 8 decimal places makes no sense in the context of standard stock and mutual fund transactions.  This is because even for the most expensive equities, those fractional shares would still not be worth whole cent amounts, even for account balances in the hundreds of thousands of dollars. One important thing to remember is that when dealing with equities the total cost, number of shares, and share price are all 3 components of the same value.  Thus if you take 2 of those values, you can always calculate the third: (price * shares = cost, cost / price = shares, etc).  What you're seeing in your account (9 decimal places) is probably the result of dividing uneven values (such as $9.37 invested in a commodity which trades for $235.11, results in 0.03985368550891072264046616477394 shares).  Most brokerages will round this value off somewhere, yours just happens to include more decimal places than your financial software allows. Since your brokerage is the one who has the definitive total for your account balance, the only real solution is to round up or down, whichever keeps your total balance in the software in line with the balance shown online."}
{"_id": "196642", "title": "", "text": "eStamps NZ is the leading supplier of rubber and self inking stamps in New Zealand. Our unique online ordering platform allows you to design, modify and order your very own customised stamps online, in a matter of minutes. As the global leader in rubber stamp production, our quality is of the highest standards."}
{"_id": "196653", "title": "", "text": "For #1, I see no advantage in putting money from your non-retirement savings into a Roth just for the purpose of using it as a down payment on your house.  Why not just put the $5.5K directly toward the down payment? For #2, dollars converted from a traditional 401K or IRA to a Roth are considered income, and will be taxed at your marginal rate.  So if your marginal tax rate is 25%, you will need to pay $5K in order to convert the $20K.  Usually this payment is done independent of the conversion amount--in other words, you would convert the full $20K but pay the $5K in taxes out of other funds (checking/savings). Based on your stated goals of using the money for a down payment on a house, I don't see any advantage to contributing (or converting) to a Roth IRA."}
{"_id": "196669", "title": "", "text": "\"Thank you for your reply.  &gt;innovation in tech  Does that mean in laymen terms:  inventing new tech or improve existing technology? Basically like inventing a car (if cars weren't invented yet) or BMW improving their models each year.   ---   I started to google innovation in tech. So much things I have absolutely no idea about just keeping moving around me in light-speed. What are some examples of technology that are vital to this new \"\"technology-race,\"\" I feel like is happening with the world. Is that a thing or am I delusional?\""}
{"_id": "196677", "title": "", "text": "When it comes to property investing, there are indeed a couple of important things to consider. Even property professionals must know some significant info in order to ensure that they will get the right property for a certain investor. Thank you for sharing this site. I definitely learned more info regarding property investments."}
{"_id": "196683", "title": "", "text": "A fundamental problem with all these studies is that everyone knows they're going to end, which affects their behavior and what they do with the money. UBI is one of those things that can't be truly judged until it's actually done, for real."}
{"_id": "196692", "title": "", "text": "\"The problem with this story is it's basically saying run your business like betting on the lotto.  Just because there's anecdotal evidence that a \"\"Bob\"\" *MIGHT* grace your company doesn't mean you should sell the company trying to please every customer.   For every one company that bumps into a \"\"Bob\"\" there are thousands who helping those disgruntled customers drive the business into the ground.  This is not to say that companies shouldn't try to go above and beyond.  It's just above and beyond should be controlled.  For example, if I were to own a restaurant and I see a customer drop food on the floor, I would enable my wait staff to clean it up and give free food as a replacement.  But I would also limit this.  If the customer starts THROWING FOOD AT THE STAFF, I would also enable the staff to kick the mother fucker out.  Sure the customer might be a \"\"Bob\"\" and come back later with 4 million dollars to give me, but I'd prefer my staff keep their fucking dignity.\""}
{"_id": "196712", "title": "", "text": "I always considered the fast casual criteria to be a lack of a drive-thru and food prepared after you order, I never thought the decor factored into it.  The Smashburgers I've been in weren't much fancier than Five Guys, and most Chipotles are relatively plain as well.  Meanwhile, the decor of most new Culvers are just as nice or nicer than Panera and the like."}
{"_id": "196721", "title": "", "text": "As these all seem to be US Equity, just getting one broad based US Equity index might offer similar diversification at lower cost. Over 5 years, 20 basis points in fees will only make about 1% difference. However, for longer periods (retirement saving), it is worth it to aim for the lowest fees. For further diversification, you might want to consider other asset classes, such as foreign equity, fixed income, etc."}
{"_id": "196768", "title": "", "text": "No one here said doctors were infallible, so you're fighting your own strawman, as usual.   Points raised were  1. Efficacy of aspirin. To which you said doctors were bad at stats, irrelevant to the question of efficacy of aspirin.   2. Doctors are likely better at stats than the average person.   Then to back up your strawman you post an article about stats related specifically to cancer screening, not apsirin or to doctors compared to the general public. You sure defeated that strawman.  And the beauty of your reasoning? Trying to argue with the poster about the efficacy of aspirin, you said doctors were bad at stats, yet in the article you posted, who do you trust to talk about doctors statistical skill? Other doctors using statistics!   So apparently the statistics of doctors only are trustworthy when they support your point but not when they don't support your point. You are an amazing collection of logical inconsistencies. And inability to answer a question on topic.  Your logic is baffling. It is as if you expect  people to believe you because you post a lot of peripheral things, and  you confuse strawmen you introduce as the main point and then keep defeating it. This is almost as beautiful as you trying to defend your claim a few days ago that India has more people than China.  Here's a tip on what might be useful evidence   1. Show that the evidence for or against aspirin is sound or unsound, not by ad hominem on the whole class of doctors, but by looking at the actual evidence.  2. Find statistical literacy for doctors and average people, either through some large survey or test, and compare them. Or even make a plausible argument why doctors would be worse than average.   Good job, Plato. Excellent display of logic."}
{"_id": "196775", "title": "", "text": "The individuals working for them don't have to be personally evil for the companies to have a net negative effect on society. People are right to be concerned about further concentration of power, and if occasionally their hatred for these companies' policies and policymakers seems like hatred for front-line workers, it's important to keep the relative size and impact of these problems in perspective."}
{"_id": "196807", "title": "", "text": "Revenue Canada allows for some amount of tax deferral via several methods. The point is that none of them allow you to avoid tax, but by deferring from years when you have high income to years when you have lower income allows you to realize less total tax paid due to the marginal rate for personal income tax. The corporate dividend approach (as explained in another answer) is one way. TFSAs are another way, but as you point out, they have limits.  Since you brought TFSAs into your question: About the best and easiest tax deferral option available in Canada is the RRSP. If you don't have a company pension, you can contribute something like 18% of your income. If you have a pension plan, you may still be able to contribute to an RRSP as well, but the maximum contribution amount will be lower. The contribution lowers your taxable income which can save you tax. Interest earned on the equity in your RRSP isn't taxed. Tax is only paid on money drawn from the plan because it is deemed income in that year. They are intended for retirement, but you're allowed to withdraw at any time, so if you have little or no income in a year, you can draw money from your RRSP. Tax is withheld, which you may or may not get back depending on your taxable income for that year. You can think of it as a way to level your income and lower your legitimate tax burden"}
{"_id": "196833", "title": "", "text": "\"As littleadv says, Form W7 is the right one.  Under \"\"Reason for applying\"\" you could select (e): Spouse of U.S. citizen/resident alien.  See additional details in the form instructions.  This would be an option after you are married.  Note that the top of the form states in bold italics that \"\"An IRS individual taxpayer identification number (ITIN) is for federal tax purposes only.\"\"  It may be worth editing the question to reference your assertion that an ITIN can be used for credit card applications.\""}
{"_id": "196847", "title": "", "text": "Among the Blue Ridge Royalty neighborhood magazines, a nearby land claimed and worked organization gives the information of our clients and expert administration makes your land business effectively. Individuals are purchasing property for about three decades with our operators, we have listened, and at the best cost with the best elements that address their issues Owner, Blue Ridge sold through Royalty since we realize that the nearby property market and clients, who were eager to purchase. Our accomplished operator offers transport here and the biggest in this area. We are prepared to help you with your land needs."}
{"_id": "196856", "title": "", "text": "That's only been as recently as this decade. Still true though. I think we have done a great job of mitigating this threat.   IMO this dynamic I've described is still in the minds of many people. Maybe its not true anymore, and maybe it never was to this degree, but that's what we were told in a way. That's why its so heavily scrutinized more so than wheat/food."}
{"_id": "196870", "title": "", "text": "You don't need credit cards but there are few benefits, if you pay them off right away I assume you do have a debit card, since sometimes (like unattended gas stations or shopping on the web) cash is not accepted."}
{"_id": "196875", "title": "", "text": "I think you misunderstand me: the EITC is not objectionable. But reducing the taxation burden on low-income people, or reducing barriers to paying it out are something Republicans are just as opposed to as they are to increases in the minimum wage.  Because they don't give a fuck about poor people. Leftists don't complain about the EITC being corporate welfare either. They might oppose it because it puts an undue administrative burden on poor workers. Whereas a minimum wage gives more money to poor people by giving them more money."}
{"_id": "196902", "title": "", "text": "I've even working on a valuation of Netflix as a school project lately and by far their greatest risk right now is their schizophrenic management. They have been aggressively expanding overseas and are expected to take losses this year because of it; however, of management doesn't get their goals aligned, those losses could extend further than expected."}
{"_id": "196920", "title": "", "text": "From the 1099 instructions: File Form 1099-MISC, Miscellaneous Income, for each person to whom you have paid during the year Your accounting method doesn't matter. You file 1099 for the year you paid the money."}
{"_id": "196923", "title": "", "text": "It's so short sighted. It is a yuuuggge, gift-wrapped present for China. Now, China will step into the leadership role that the US just ceded. With that role comes huge economic opportunities as well as massive political points at home with their own people (who are the real drivers behind China's desire to reduce emissions).  You can deny climate change exists, but the market has spoken folks. Green energy will be transformative to the economy. Thus, Trump's push to hold onto last century's technology, energy and jobs is a bad move and one that will ultimately cost all of us. Meanwhile, China will push further and further ahead in that space and benefit from the economic gains that come with being the defacto leader in the climate change fight."}
{"_id": "196939", "title": "", "text": "In an ideal world Say on 24th July the share price of Apple was $600. Everyone knows that they will get the $ 2.65 on 16th August. There is not other news that is affecting the price. You want to go in and buy the shares on 16th Morning at $600 and then sell it on 17th August at $600. Now in this process you have earned sure shot $2.65/- Or in an ideal world when the announcement is made on 24th July, why would I sell it at $600, when I know if I wait for few more days I will get $2.65/- so i will be more inclined to sell it at $602.65 /- ... so on 16th Aug after the dividend is paid out, the share price will be back to $600/- In a real world, dividend or no dividend the share price would be moving up or down ... Notice that the dividend amount is less than 1% of the stock price ... stock prices change more than this percentage ... so if you are trying to do what is described in paragraph one, then you may be disappointed as the share price may go down as well by more than $2.65 you have made"}
{"_id": "196945", "title": "", "text": "You probably have a UMTA/UGMA account. While the money in that account belongs to you, as long as you're a minor (which is until the age of 18, in California) - you cannot directly access it. Instead, your parent(s) or guardian(s) or any other trustee manages that account for you, with your best interests in mind. While you may want to spend that money or give it away to your boyfriend or whoever else, it is very likely not in your best interest to do that. That is why your dad refuses. He has a legal responsibility, which is called fiduciary duty, to ensure the money is spent in a way that is best for you. If the fiduciary just lets you spend the money away - you could later, when you're no longer a minor, sue that person for the breach of trust. When you're older and a bit more mature you'll be able to make your own decisions and do whatever you want with that money. But as long as your parents have the responsibility to act in your best interests, it is likely that your boyfriend will stay in Pennsylvania for a while."}
{"_id": "196946", "title": "", "text": "You do not have to wait 5 years from when a particular dollar was earned to withdraw it. To be a qualified distribution from a Roth IRA, A) the Roth IRA must have been opened for 5 years (which yours was), and B) you must be 59.5 years old, or meet one of the other exceptions (and $10,000 for a first-time home purchase is one of the exceptions). Since it is a qualified distribution, there is no tax or penalty."}
{"_id": "196955", "title": "", "text": "Literally only bought Motorola for the patents. Sold to Lenovo without them. Also, they're only buying the HTC smartphone manufacturing devision - not the brand. Probably want to be able to manufacture next year's pixels in house, and this is easier than building up an entire manufacturing devision yourself. The acquisition is getting my hopes up that they're coming out with their own SoC that's been rumored forever within the next year or two."}
{"_id": "196961", "title": "", "text": "Very grey area. You can't pay them to run errands, mow the lawn, etc. I'd suggest that you would have to have self employment income (i.e. your own business) for you to justify the deduction. And then the work itself needs to be applicable to the business. I've commented here and elsewhere that I jumped on this when my daughter at age 12 started to have income from babysitting. I told her that in exchange for her taking the time to keep a notebook, listing the family paying her, the date, and amount paid, I'd make a deposit to a Roth IRA for her.  I've approaches taxes each year in a way that would be audit-compliant, i.e. a paper trail that covers any and all deductions, donations, etc. In the real world, the IRS isn't likely to audit someone for that Roth deposit, as there's little for them to recover."}
{"_id": "196992", "title": "", "text": "Small cap and mid cap shares tend to outperform large cap shares in a bull market, but they tend to underperform large cap shares in a bear market. Since the stock markets tend to go up in the long term, this suggests that a low cost small and mid cap index ETF should offer the best long term returns.   Having said that, we are currently in a mature bull market having experienced over seven years without encountering a bear market.  If a bearish outlook is something you worry about, then perhaps a broad market index, which will be heavily weighted towards large cap shares, may be a better choice for you at this time, with an eye toward switching to small and mid cap indices during the next bear market."}
{"_id": "196997", "title": "", "text": "The insurance company issued the check.  I'd contact the insurance company to have the current check voided and a new one issued to the pharmacy."}
{"_id": "197014", "title": "", "text": "I wonder if your rational thinking is getting confused by the prospects of getting some deposit from that person? He needs, amongst other things : \u2022online access username  \u2022online access password  Ok, so you have 1000 in your account. They deposit 500 and you are happy. Then they take out all 1500 and you're done :) How can you not think it is a scam when you're giving them your login as well. Here is an analogy. Some stranger asks you for keys of your home (while you're away) and tells you he will just go in place a gift inside your door and go away. Would you give him your keys and come home later expecting a gift to be there and nothing taken away? Is it a scam if the person only wants to deposit into my account, not make a withdrawal? Who is to tell? P.S: Sorry, please don't mind the rest of this answer but from it could also be related to a new relationship that you are in. Going ahead with this might cause you a lot of emotional harm as well. You seemingly trust that person when there are obvious signs that you are being defrauded, possibly in the name of love."}
{"_id": "197046", "title": "", "text": "Firstly, you mean resistance not support, as a support is below the current price and resistance is above the price. Secondly using a MA as support or resistance would mean that that support or resistance level would move up or down as the price moved up or down and would not be static at $25. Generally stocks will range trade more often than they will be trending (either up or down), so a stock can be range trading between a support and resistance levels for months and even years, and usually the longer it range trades for, the bigger the outbreak (either up or down) will be when it does happen. Using a MA (especially shorter dated ones) as support or resistance (or as a up or down trend line) works better when a stock is already trending up or down. When a stock is moving sideways it will tend to keep crossing above and below the MA, and you will be whipsawed if you try to use them as your trigger for entry in these situations. Compare the two charts below:  In the first chart the stock is up-trending for over 6 months and the 50d EMA is being used as a support or up-trending line. As long as the price does not break through and close under the 50d EMA then the uptrend continues. You could use this EMA line as a means of entering the stock when prices move towards the EMA and bounce off it back up again. Or you could use it as your stop loss level, so if price closes below the EMA line you would sell your position.  In the second chart, the stock has been range trading between the support line at about $21.80 and the resistance line at about $25.50 for 10 months. In this case the price has been moving above and below the 50d EMA during these 10 months and you may have been whipsawed many times if you were trading each break above or below the 50d EMA. A better strategy here would be to buy the stock as it approached the support line and bounces up off it and then close and reverse your position (go short) when the price approached the resistance line and bounces down off it.  Edit: When range trading you would have your stops just below the support line when going long and just above the resistance line when going short, that way if it does break through support or resistance and starts trending you will be covered. So this shows that different strategies should be used when a stock is trending to when it is range trading. MAs are better used as entry signal during an established uptrend or downtrend than when a stock is range trading."}
{"_id": "197047", "title": "", "text": "Ok you're looking at this in a very confusing way. First, as said by CapitalNumb3rs, the dividend yield is the dividends paid in the year as a percent of the stock price. Given this fact then if the stock price moves down and the dividend stays the same then the yield increases. Company's don't usually pay out on a yield basis, that's mostly just a calculation to measure how strong a dividend is. This could mean either A. The stock is underpriced and will rise which will lower the yield to a more normal level or B. the company is not doing as well and eventually the dividends will decrease to a point where the yield again looks more normal.   Second off let's look at it in a more realistic way that still takes into account your assumptions:  **YEAR 1** 1. Instead of assuming buying 35% let's put this into a share amount. Let's say there are 1,000,000 shares so you just bought 350k shares for $700k. You paid a price of $2/share. Let's assume the market decides that's a fair price and it stays that way through the end of year 1. This gives us a market capitalization of $2 million.  2. The dividend paid out at year 1 is $60k so you could calculate on a per share basis which would be a dividend of $60k / 1 million shares or a $0.06 dividend per share. Our stock price is still at $2.00 so our yield comes out to $0.06 / $2.00 or 3.0%  **YEAR 2** Assuming no additional shares issued there are still a total of 1 million shares outstanding. You owned 350k and now want to purchase another 50k (5% of outstanding share float). The market price you are able to purchase the 50k shares at has now changed which means that share price is now valued at $1.50 / share. We have a dividend paid out at $100k, which comes out to a dividend per share of $0.10. We have a share value of $1.50 and the $0.10 dividend per share giving us a new yield of 6.66%.   **CONCLUSION:** There are many factors that can cause a company's stock price to fluctuate, some of it is hype based but some of it is a result of material changes. In your case the stock went down 25%. In most scenarios where a stock would have that much decline it would likely either not have been paying a dividend in the first place or would maybe not be paying one for much longer. Most companies that pay dividends are larger and more mature companies with a steady, healthy and predictable cash flow. Also most companies that are that size would not trade a stock under $3.00, I know this is just an example but the scenario is definitely a bit extreme in terms of the price drop and dividend increase. Again the yield is just a calculation that depends on the dividend that is usually planned in advance and the stock price that can fluctuate for many reasons. I hope this made everything more clear and let me know if you have any other questions."}
{"_id": "197049", "title": "", "text": "\"OO = online only  It is funny to watch the know-nothing millennial tech professionals try and figure shit out like OO (***Q:*** \"\"Why do I need a mattress store?\"\") The people that are buying these mattresses are under 30, tech/sales, *sans* car, micro-tenancy, tech culture, etc. More importantly, the millennials are probably the least intelligent \"\"consumer\"\" generation but highest consumption rate of \"\"goods\"\". The OO mattress companies success/failure ratio is predicated on one thing; brand propigation and conformity (imitation) of lifestyle through contrived advertisements. Couple this with poor reasoning skills (consumption, \"\"intrinsic value\"\") of your typical millennial consumer and voila!  ***A:*** For something you'll spend a 1/3 of the time on for however you long you own it, you definitely want to evaluate it as you'll use it.  And you know capitalism is corrupt so expect nothing from OO mattress brands. But I'd like to add that if your common sense does not lead you to the mattress store, you're likely fairly idiotic and peculiar to begin with.\""}
{"_id": "197052", "title": "", "text": "In my experience of doing software development for a little longer than I care to remember, salaries are always assumed to be negotiable. I know you said you don't like haggling (a lot of people don't) but you'll have to get used to that and you might have to be a little more flexible. Being able to negotiate something as important as your salary is a very important skill. That said, there might be several reasons why they're not willing to offer more: Here's what I would do:"}
{"_id": "197056", "title": "", "text": "&gt; one of the most highly leveraged  Not even close.  In general joint retail-investment banking institutions are less leveraged than primary IB's.  BOA is sitting at a T1CR under Basel III of 8.1%.  JPM  9.18%  DB  7.2  MS  8.5%  GS  7.3%  UBS  8.8%  This is all as of Q2 reports."}
{"_id": "197075", "title": "", "text": "Fractional reserve banking is all fine and dandy, however allowing banks to use savings accounts and checking accounts for high-risk investments is the real insanity.  Fiat currency is what you're getting at being 'broken' as it is inherently a political tool."}
{"_id": "197077", "title": "", "text": "There is already a surplus.  That's why those surpluses can be sold.  That said, farmers will only allow prices to get so low before they stop production on the one crop they can get paid to not grow and live off of their subsidies."}
{"_id": "197087", "title": "", "text": "Generally a credit union will tend to have lower rates, since they are owned by the members, and not having to make a profit for some rich bankers or a bunch of shareholders.  OTOH their funds are often more limited than a bank, and they may be pickier about who they loan to. still that's just 'generally', it always pays to shop around"}
{"_id": "197093", "title": "", "text": "\"This question has the [united kingdom] tag, so the information about USA or other law and procedures is probably only of tangential use. Except for understanding that no, this is not something to ignore. It may well indicate someone trying to use your id fraudulently, or some other sort of data-processing foul-up that may adversely impact your credit rating. The first thing I would do is phone the credit card company that sent the letter to inform them that I did not make his application, and ask firmly but politely to speak to their fraud team. I would hope that they would be helpful. It's in their interests as well as yours. (Added later) By the way, do not trust anything written on the letter. It may be a fake letter trying to lure or panic you into some other sort of scam, such as closing your \"\"compromised\"\" bank account and transferring the money in it to the \"\"fraud team\"\" for \"\"safety\"\". (Yes, it sounds stupid, but con-men are experts at what they do, and even finance industry professionals have fallen victim to such scams) So find a telephone number for that credit card company independently, for example Google, and then call that number. If it's the wrong department they'll be able to transfer you internally. If the card company is unhelpful, you have certain legal rights that do not cost much if anything. This credit company is obliged to tell you as an absolute minimum, which credit reference agencies they used when deciding to decline \"\"your\"\" application. Yes, you did not make it, but it was in your name and affected your credit rating. There are three main credit rating agencies, and whether or not the bank used them, I would spend the statutory \u00a32 fee (if necessary) with each of them to obtain your statutory credit report, which basically is all data that they hold about you. They are obliged to correct anything which is inaccurate, and you have an absolute right to attach a note to your file explaining, for example, that you allege entries x,y, and z were fraudulently caused by an unknown third party trying to steal your ID. (They may be factually correct, e.g. \"\"Credit search on \"\", so it's possible that you cannot have them removed, and it may not be in your interests to have them removed, but you certainly want them flagged as unauthorized).  If you think the fraudster may be known to you, you can also use the Data Protection Act on the company which write to you, requiring them to send you a copy of all data allegedly concerning yourself which it holds. AFAIR this costs \u00a310. In particular you will require sight of the application and signature, if it was made on paper, and the IP address details, if it was made electronically, as well as all the data content and subsequent communications. You may recognise the handwriting, but even if not, you then have documentary evidence that it is not yours. As for the IP address, you can deduce the internet service provider and then use the Data Protection act on them. They may decline to give any details if the fraudster used his own credentials, in which case again you have documentary evidence that it was not you ... and something to give the police and bank fraud investigators if they get interested. I suspect they won't be very interested, if all you uncover is  fraudulent applications that were declined. However, you may uncover a successful fraud, i.e. a live card in your name being used by a criminal, or a store or phone credit agreement. In which case obviously get in touch with that company a.s.a.p. to get it shut down and to get the authorities involved in dealing with the crime. In general, write down everything you are told, including phone contact names, and keep it. Confirm anything that you have agreed in writing, and keep copies of the letters you write and of course, the replies you receive. You shouldn't need any lawyer. The UK credit law puts the onus very much on the credit card company to prove that you owe it money, and if a random stranger has stolen your id, it won't be able to do that. In fact, it's most unlikely that it will even try, unless you have a criminal record or a record of financial delinquency. But it may be an awful lot of aggravation for years to come, if somebody has successfully stolen your ID. So even if the first lot of credit reference agency print-outs look \"\"clean\"\", check again in about six weeks time and yet again  in maybe 3 months. Finally there is a scheme that you can join if you have been a victim of ID theft. I've forgotten its name but you will probably be told about it. Baically, your credit reference files will be tagged at your request with a requirement for extra precautions to be taken. This should not affect your credit rating but might make obtaining credit more hassle (for example, requests for additional ID before your account is opened after the approval process). Oh, and post a letter to yourself pdq. It's not unknown for fraudsters to persuade the Post Office to redirect all your mail to their address!\""}
{"_id": "197108", "title": "", "text": "There are quite a few things here; Edit: If you are away for 2.5 Years, you are NRE. Your situation is slightly tricky in the sense that you are getting a salary in India for doing work outside. Please consult a professional CA who can advise you better. If you were not getting an Indian salary, then whatever you earn outside India is non-taxable and you can transfer it into your NRE account. As per regulations an NRI cannot hold a savings account. Point 3 is more applicable if you are on a short visit."}
{"_id": "197138", "title": "", "text": "As others have addressed the legality in their answers, I want to address the idea of the dealership being 'a middleman'. A dealership serves more of a purpose than just 'middlemanning' a car to a consumer. Actually, they consume a great deal of risk. Let's remember that a dealership is really an extension of the OEM, albeit independently owned and operated, the dealership must still answer to the brand they represent, if people have a bad experience with a dealership, a customer might go to another of the same brand, but more often than not they will go to the competition out of spite. Therefore, it's in the dealership's best interest to represent the brand as best as possible, but unfortunately that doesn't always happen.  While the internet has made a certain part of a salesman's role null and void, and since this is a finance (read money) Q/A site let's take a moment to consider the risk assume and therefore the value added by a dealership: Test Drive. A car is a huge purchase, and while it's okay to buy a pair of shoes online without trying them on, a car is a bit different of course, we want to make sure it 'fits' before we shell out several thousand dollars. Yes, you (meaning consumers) can look at car pictures and specs online, but if you want to see how that vehicle handles on your town's roads, if it fits in your garage and/or driveway, then you need to take it for a test drive. It's not feasible for OEMs to have millions of people showing up to car plants for a test drive, right? Scalability aside, some business that is handled in automotive plants are confidential and not for the general public to know about. A dealership provides an opportunity for those who live locally to see and experience the car without flying or driving wherever the car was assembled. They provide this at a risk, banking on the fact that a good experience with the vehicle will lead to a sale. Service. A car is a machine, and no machine is perfect, neither will it last forever without proper service. A dealership provides a place for people to bring their vehicles when they need to be serviced. Let's set aside the fact that the service prices are higher than we'd like, because the fact remains most of it is skilled (and warrantied) labor that the majority of people don't want to do themselves. Trade Ins. It is not in an OEMs best interest to accept a vehicle just to sell you another vehicle, especially if that vehicle is from another brand. Dealership's assume this risk, and often offer incentives to do so, hoping it will lead to a sale. That trade in was an asset to you, but is a liability to them, because they now have to liquidate that trade in, just so that you can purchase a car. Sure, you could sell your car yourself, and now you would assume that risk: What if your car is not in perfect shape, or has a lot of miles for it's age? Would it do well in the used car market? What if it takes too long to sell and you miss that Memorial Day car sale at the dealer? This might be okay for some, but generally speaking most people would rather avoid the risk and trade it in at the dealer toward the purchase of a new car rather than the headache of selling it themselves. I'm sure there are more, but those are the one's that immediately sprung to mind. Just like Starbucks, there are terrible dealerships out there and there are great ones, and very few of us venture to farms and jungles just for fresh coffee beans :-)"}
{"_id": "197151", "title": "", "text": "Assuming US. The only con that I know of is that hassle factor. You have to remember to sell when you get the new shares, and your taxes become a bit more complicated; the discount that you receive is taxed as ordinary income, and then any change in the price of the stock between when you receive it and you sell it will be considered a capital gain or loss. It's not hard to account for properly if you keep good records."}
{"_id": "197153", "title": "", "text": "\"Yeah, it unfortunately doesn't make sense to just retard the orders since they're trying to do two things: A) Avoid information asymmetry from their own market systems (ignoring the fact that they've completely cocked this up in relation to the SIP bit above), and B) Avoid information leakage before they, themselves, can move their own managed \"\"pegged\"\" orders off a collapsing inside (DPEG).  To achieve A both market data and order traffic need to be retarded, and for B, really you need the market data to be retarded.\""}
{"_id": "197168", "title": "", "text": "And a few more options: (which both allow payments via mobile phone) And now Visa are getting in on the action.  This isn't live, but worth watching to see what their eventual offer is."}
{"_id": "197175", "title": "", "text": "The raiders will still exist.  They just might move.  That's kind of a cheap bet.  Then there's Suzuki.  Are they claiming all of Suzuki will fold or just the car business?  As far as I knew they were still doing well with motorcycles."}
{"_id": "197184", "title": "", "text": "I still don't understand the appeal of these devices, or why someone would want a device with a microphone on all the time in their house (yes, other technologies I use are tracking me in some form, but the Echo and similar products just seems a little 1984-ish for me)"}
{"_id": "197186", "title": "", "text": "I sold my Microsoft stock when they appointed him CEO (It was like $1000 worth.. nothing wild) because they hired an insider. I thought they needed an outsider.   It's up like 200% since he was hired... turns out he was an outsider all along.."}
{"_id": "197198", "title": "", "text": "This is extremely strange to me because my family grew up in poverty. We entered school with a much higher understanding based solely on the fact that we never had cable so educational programming like the magic school bus, wishbone and sesame street was all we could watch. From there is snowballed because learning became a form of entertainment."}
{"_id": "197205", "title": "", "text": "Wasn't there an issue with rising minimum wages and the risk of automation. Wouldn't it be easier just to automate a burger dispense. It's probably more expensive but if it keeps doors open and business running or is it still too expensive to automate?"}
{"_id": "197222", "title": "", "text": "No. The value of the dollar will continue to decline, in turn adding to the value of gold. The current prices are not high for metals, although not rock bottom prices. Especially given what central banks are going to do. (QE).  We are nowhere near a gold bubble."}
{"_id": "197228", "title": "", "text": "Long story short, we are currently in a set of asset and credit bubbles across many financial asset categories, driven by the tremendous amount of liquidity created by central banks with 0 interest rates and quantitative easing since 2008. The bitcoin bubble is pure financial speculation, a price increase in the thousands of percents is unsustainable. And the stock bubbles are enormous and exist across all major US indices, and indices abroad like the Nikkei 225."}
{"_id": "197241", "title": "", "text": "Do developing country equities have a higher return and/or lower risk   than emerging market equities?  Generally in finance you get payed more for taking risk.  Riskier stocks over the long run return more than less risky bonds, for instance.  Developing market equity is expected to give less return over the long run as it is generally less risky than emerging market equity.  One way to see that is the amount you pay for one rupee/lira/dollar/euro worth of company earnings is fewer rupees/lira and more dollars/euros. when measured in the emerging market's currency?  This makes this question interesting.  Risky emerging currencies like the rupee tend to devalue over time against less risky currencies euro/dollars/yen like where most international investment ends up, but the results are rather wild.  Think how badly Brazil has done recently and how relatively well the rupee has been doing.   This adds to the returns (roughly based on interest rates) of foreign stocks from the point of view of a emerging market investor on average but has really wild variations. Do you have data for this over a long timeframe (decades), ideally for multiple countries? Not really, unfortunately.  Good data for emerging markets is a fairly new phenomenon and even where it does exist decades ago it would have been very hard to invest like we can now so it likely is not comparable. Does foreign equity pay more or less when measured in rupees (or other   emerging market currency)? Probably less on average (theoretically and empirically) all things included though the evidence is not strong, but there is a massive amount of risk in a portfolio that is 85% in a single emerging market currency.  Think about if you were a Brazilian and needed to retire now and 85% of your portfolio was in the Real.  International goods like gas would be really expensive and your local currency portfolio would seem paltry right now.  If you want to bet on emerging markets in the long run I would suggest that you at least spread the risk over many emerging markets and add a good chunk developed to the mix. As for investing goals, it's just to maximize my return in INR, or maximize my risk-adjusted return. That is up to you, but the goal I generally recommend is making sure you are comfortable in retirement.  This usually involves looking for returns are high in the long run, but not having a ton of risk in a single currency or a single market.  There are reasons to believe a little bias toward your homeland is good as fees tend to be lower on local investments and local investments tend to track closer to your retirement costs, but too much can be very dangerous even for countries with stronger currencies, say Greece."}
{"_id": "197259", "title": "", "text": "The few years leading up to the bubble I remember following his articles and he very clearly said to steer clear of buying houses as there was a bubble brewing.  The book does not imply that it's always a good thing to buy a home."}
{"_id": "197273", "title": "", "text": "As you can see by his username this guy works in IT.  I will explain for those who aren\u2019t in the industry.  In IT demand for employees has never been higher.  It is crazy right now. This means it is hard to get talent, particularly good talent which can be many times more productive than bad ones.  Now Amazon is a tech company fundamentally.  What many may not realize is Amazon is also the world\u2019s largest hosting platform too.  For example, Reddit and Netflix are on their systems.  So they aren\u2019t just a store, they do a lot of everyone else's tech too.  This means they need a shit-tonne of good tech and related people.  So the location will likely hinge on where the can find good staff.  However, as OP just said Amazon has a terrible reputation in the industry.  So this makes this even more difficult as everyone hates them and no one will move for them, and they need a lot of good people which are in high demand elsewhere.  This is what their decision will rest on.  Tax breaks and all are perks, but they need to find 50,000 experienced employees to fill this thing, everything else is secondary."}
{"_id": "197274", "title": "", "text": "If you are getting Linksys Router Login issues then contact us via our live chat window. We have also provided some troubleshooting tips on the website. Try the tips and if still the problem does not resolve, feel free to contact us."}
{"_id": "197283", "title": "", "text": "\"&gt; 26 It\u2019s about synergies/1 + 1 = 3 = I don\u2019t get the math either, but it sounds like more and more is better, right?  This isn't correct. Synergies multiply, rather than add. That's where the increase comes from. You can see this with a cheap gradualistic combination lock, ie a lock that gives \"\"tells\"\" at each correctly guessed number. In that case, X + X + X tries are required to get the lock open, where X equals the numbers of characters on the dial, presuming a 3 numbered combination. If the lock is of high quality and doesn't give tells, the number of tries becomes X * X * X, which is much harder. This is a synergy. I'm assuming that you had to try ever number on the dial, which probably wouldn't be the case, but you get the idea. This is essentially how Turing defeated the German Enigma secret code machine in WWII.  Also, evolution is like a gradualistic combination lock, because the environment gives \"\"tells\"\", ie positive feedback to an organism that mutates in a way that favors survival. Dawkings shows this in one of his Christmas Lectures.\""}
{"_id": "197302", "title": "", "text": "If she is unemployed / stay-at-home caregiver, you can squirrel away up to $5,500 in a spousal IRA."}
{"_id": "197313", "title": "", "text": "If you keep the monthly payment the same, and the interest is lower; then you will be by definition overpaying the new loan therefore it will be paid off sooner. Based on some quick calculations it will be paid off approximately 5 years sooner. One advantage to the new loan is that you will have flexibility, you can drop the payment to the lower level for a few months because of a big financial problem and not be in default."}
{"_id": "197323", "title": "", "text": "\"When you say \"\"major\"\", I take it you're an undergrad? If so, how many years left do you have in your program? I ask because it might be worthwhile to major in math in lieu of - or in addition to - finance. It's unlikely that an undergraduate major in a business school will give you the technical skill-set necessary to do what you want. Also, if you want to do prop trading, learn as much statistics/econometrics as you can handle.   As for masters programs, I'm not really sure. MFE programs seem more aimed towards people working on the sell-side, e.g. as derivatives quants.  EDIT: I accidentally some grammar.\""}
{"_id": "197326", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/6/27/15879346/study-high-minimum-wage-job-killer-seattle) reduced by 91%. (I'm a bot) ***** &gt; Though there are sound theoretical reasons why a modest hike in the minimum wage might not depress employment, most economists agree that if you set the minimum wage high enough, at some point you will start destroying jobs.  &gt; Arindrajit Dube, an economist at the University of Massachusetts Amherst who studies the minimum wage, has pointed out that Seattle&amp;#039;s new minimum wage is not all that lavish when you take into account the city&amp;#039;s high overall wages.  &gt; The far more controversial interpretation of the University of Washington study is that it might overturn - or at least throw into doubt - much of the past two decades of research on the minimum wage.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jwhip/the_controversial_study_showing_high_minimum/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~154334 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **minimum**^#2 **work**^#3 **study**^#4 **research**^#5\""}
{"_id": "197336", "title": "", "text": "\"There is no formula that can be applied to most variations of the problem you pose.  The reason is that there is no simple, fixed relationship between the two time periods involved: the time interval for successive payments, and the time period for successive interest compounding. Suppose you have daily compounding and you want to make weekly payments (A case that can be handled).  Say the quoted rate is  4.2% per year, compounded daily Then the rate per day is 4.2/365, or 0.0115068 % So, in one week, a debt would grow through seven compoundings.  A debt of $1 would grow to 1 * (1+.000225068)^7, or 1.000805754 So, the equivalent interest rate for weekly compounding is 0.0805754% Now you have weekly compounding, and weekly payments, so the standard annuity formulas apply. The problem lies in that number \"\"7\"\", the number of days in a week.  But if you were trying to handle daily / monthly, or weekly / quarterly, what value would you use? In such cases, the most practical method is to convert any compounding rate to a daily compounding rate, and use a spreadsheet to handle the irregularly spaced payments.\""}
{"_id": "197352", "title": "", "text": "Street name is not what you think it is in the question.  The broker is the owner in street name.  There is no external secondary owner information.   I don't know if there is available independent verification, but if the broker is in the US and they go out of business suddenly, you can make a claim to the SIPC."}
{"_id": "197368", "title": "", "text": "Dexmet has been producing heating elements in a variety of materials for many years. The most common materials are INCO 600, Nickel, Copper and Kanthal, however since we expand all ductile materials; we can create a configuration for you in most any metal."}
{"_id": "197381", "title": "", "text": "If you are from any university in NYC (other than for-profits) you have so much access to networking that you actually have a shot (slim, but still a shot) of breaking into the industry.  You should be reaching out and trying to connect with as many people in IBD as you can. At the gym, through friends/family, through school career center. When you contact them, your goal is to meet them face-to-face. That is the advantage you have over the kids from schools outside of the city and that is what will get your foot in the door."}
{"_id": "197389", "title": "", "text": "Let's suppose your friend gave your $100 and you invested all of it (plus your own money, $500) into one stock. Therefore, the total investment becomes $100 + $500 = $600. After few months, when you want to sell the stock or give back the money to your friend, check the percentage of profit/loss. So, let's assume you get 10% return on total investment of $600.  Now, you have two choices. Either you exit the stock entirely, OR you just sell his portion. If you want to exit, sell everything and go home with $600 + 10% of 600 = $660. Out of $660, give you friend his initial capital + 10% of initial capital. Therefore, your friend will get $100 + 10% of $100 = $110. If you choose the later, to sell his portion, then you'll need to work everything opposite. Take his initial capital and add 10% of initial capital to it; which is $100 + 10% of $100 = $110. Sell the stocks that would be worth equivalent to that money and that's it. Similarly, you can apply the same logic if you broke his $100 into parts. Do the maths."}
{"_id": "197392", "title": "", "text": "The best way to prevent blockage in your roof gutters is to install gutter guards, which effectively keep dirt, debris and foliage at bay to save your cleaning time. Himalayas Cleaning Services provides gutter guard installation Melbourne-based service for commercial and residential properties. Give us a call to get a free price quote."}
{"_id": "197401", "title": "", "text": "I'm not, I think this is a good thing, I'm long on PG (3+ years so far).   I was on vacation the past few days and just found out.  I was saying the rest of the portfolio was down, but these two balanced things out."}
{"_id": "197405", "title": "", "text": "You will owe tax on all deductible contributions, and on any gains from those. You will not owe taxes on any non-deductible contribution, but on any gains from those. Non-deductible contributions are called 'basis', and this is tracked on form 8606. As you didn't get a tax break when you contributed them (that's why they are called non-deductable), you don't pay tax now; they came from already taxed money. Everything else is money that was so far tax-free, so you have to pay taxes on it when you roll it to a Roth. Note that if the filing of form 8606 was neglected in the past (needed for non-deductible contributions only), you hurt yourself, as you will effectively pay tax again on that money. You can file adjustements to your taxes for the last three years to correct this, though."}
{"_id": "197418", "title": "", "text": "reddit Musk worshipers need to be aware of all the [Tesla dirt](https://wattsupwiththat.com/2017/06/20/tesla-car-battery-production-releases-as-much-co2-as-8-years-of-gasoline-driving/) as well.  and [there's plenty](https://www.theguardian.com/technology/2017/may/18/tesla-workers-factory-conditions-elon-musk).  not to mention Tesla is taxpayer subsidized and does not make any money  Hallelujah, what a genius (cue for reddit to bow and knell)"}
{"_id": "197423", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Interview with AlWaleed bin Talal](https://np.reddit.com/r/talkbusiness/comments/78ekl2/interview_with_alwaleed_bin_talal/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "197443", "title": "", "text": "\"One scenario described in the original question -- a non-insider who trades after informal conversations with friends, where no insiders directly benefit from any such disclosure -- might not be illegal.  (IANAL -- this is just my personal interpretation of articles in the news recently.) http://www.bloomberg.com/news/articles/2015-10-05/insider-trading-cases-imperiled-as-top-u-s-court-spurns-appeal the appeals court said prosecutors needed to show that the person disclosing the information received a clear benefit -- something more than the nurturing of a friendship ... In a 1980 case the Supreme Court rejected the idea of \u201ca general duty between all participants in market transactions to forgo actions based on material, nonpublic information.\"\"\""}
{"_id": "197478", "title": "", "text": "If you are a US citizen, you need to very carefully research the US tax implications of investing in foreign stocks before you do so. The US tax rules have been set up in general to make this very unattractive."}
{"_id": "197480", "title": "", "text": "\"To calculate a sector (or index) P/E ratio you need to sum the market caps of the constituent stocks and divide it by the sum of the total earnings of the constituent stocks (including stocks that have negative earnings).  There are no \"\"per share\"\" figures used in the calculation. Beware when you include an individual stock that there may be multiple issues associated with the company that are not in the index.... eg. Berkshire Hathaway BRK.B is in the S&P 500 but BRK.A is not.  In contrast, Google has both GOOGL and GOOG included in the S&P 500 index but not its unlisted Class B shares.  All such shares need to be included in the market cap and figuring out the different share class ratios can be tricky.\""}
{"_id": "197484", "title": "", "text": "Or yeah if there is a cheap enough way for me to manafature them! As I said earlier I've tried 3d printed them but don't think that's gonna work, cannot produce the quantity required in an effective timescale"}
{"_id": "197494", "title": "", "text": "I could be mistaken, but since card #1 and card #2 have the same interest rate, it doesn't matter which one you pay more towards, both in terms of time it will take you to pay it down and how much interest you pay. Basically you'll be paying $1105 each month towards a total debt of $27,459 at 2%, irrespective of how you divide the payments up over the cards (just make sure you observe minimum payment requirements).  The situation would be different if they had different interest rates or if the low rate on one of them would expire quicker than on the other one."}
{"_id": "197495", "title": "", "text": "\"I don't know if this is \"\"valid\"\" from a bookkeeping/accounting standpoint, but I'm just trying to keep records for myself so this works for me unless someone has another suggestion. I created two Expense accounts for the HSA (Roth, etc would work the same way): (\"\"CY\"\" meaning current year.) When I make a $50 contribution, I enter the following splits: When you look at this in the Accounts tab, it shows the parent account with a zero balance (because the subaccount balance is positive and the parent account is negative). The subaccount has the balance accumulated so far; this lets me see the YTD contributions to my HSAs. At the end of the year I will make a closing transaction in the opposite direction (for whatever the total balance of the CY account is): This will zero-balance these two accounts. The only complication I see remaining is the issue of making contributions for the prior year during the January-April time frame. I don't generally make current-year contributions followed by prior-year contributions, so I can just wait to enter the closing transaction until I know I'm done with prior-year contributions.\""}
{"_id": "197501", "title": "", "text": "There is no such thing as double taxation. If you pay tax in the US, you CAN claim tax credits from India tax authority.  For example, if you pay 100 tax in USA and your tax liability in India is 200, then you will only pay 100 (200 India tax liability minus 100 tax credits on foreign tax paid in the USA).  This is always true and not depending on any treaty. If there is a treaty, the tax rate in the United States is set on the treaty and you CAN claim that final tax rate based upon that treaty.  If you operate an LLC, and the income is NOT derived from United States and you have no ties with the US and that LLC is register to a foreign person (not company but a real human) then you will not have to submit tax return in the US... I advice you to read this: http://www.irs.gov/businesses/small/article/0,,id=98277,00.html"}
{"_id": "197506", "title": "", "text": "\"You are making this far more complex than it needs to be. Direct deposit your savings directly into a savings account. To track spending, invest in a small notebook, and keep a tally of what you spend every day. Also, it seems odd to me that you want to track your budget in minute detail, but coins are \"\"useless\"\" to you.\""}
{"_id": "197517", "title": "", "text": "\"They don't have to explain \"\"why that is,\"\" just that there's a full sigma difference in their measurements for a metric that is also correlated across the board with nearly all socioeconomic factors (which also happen to correlate with race, hm).  Hilariously misinterpreting the abstract of the first link doesn't disprove the dozens of quality sources I gave you for your incorrect claim, it just proves your poor reading comprehension.\""}
{"_id": "197520", "title": "", "text": "\"No one can claim markets are perfectly efficient. The Grossman-Stiglitz paradox explains one reason why it is impossible for the market to be perfectly effecient, and there are plenty of investors that show it is practically possible to consistently beat the market (e.g. \"\"The Superinvestors of Graham-and-Doddsville\"\" or RenTec's Medallion Fund).  However, even if you accept as true that prices behave strangely around round numbers, that isn't a refutation of the efficient market hypothesis. The efficient market hypothesis says that price reflect all available information, so the expected price tomorrow is just the price today (not taking into account the time value of money).  The efficient market hypothesis says nothing about how prices are distributed. Historically, a random walk has been used, but that is neither a consequence of the EMH nor a required assumption.  You could say that prices are more volatile the nearer they are to a round number or new high, but that doesn't necessarily give you an edge in making money off the stock.\""}
{"_id": "197526", "title": "", "text": "\"you can relate everything on a credit report, and how things are calculated, to life scenarios. thats a 100% fact, and thats what people need to go by when designing their credit dicipline/diet. utilization: any kind of resource in life. water, food, energy, and etc. who would you want to live with more, the guy that just eats way too much, uses way too much energy than they need, and wastes way more water than they need? assuming there was no water cycle. payment history: speaks for itself derogatory remarks: s*** happens. thats what makes life life, but when given chances to fix your mistakes and own up to them, like i and every other responsible adult have done, and you dont, thats living up to the exact definition of derogatory. disrespecting and not caring. who wants to lend to someone who doesnt care? so if youre not gonna care, we will just put this special little remark in the derogatory section and show that you dont care about when you make mistakes. f*** it right? lol. well, thats what that section is for. showing you wont try to fix things when they go sour. if i had a guy who was fixing my roof, and did a bad job, but did everything he could to fix it, i wouldnt give him a bad rep at all. if a guy messed up my roof, and just said cya thanks for your money, hes getting a derogatory remark. credit age: just like life. showing the ability to maintain EVERY other aspect of a report for X amount of time. its like getting old as a person. after X amount of years, a lot of people will be able to say more about you as a person. whether youre a real male reproductive organ or an amazing guy. total accounts: is like taking on jobs as a self employed person or any business. if you have a lot of jobs, people must want you to do their work. it shows how people \"\"like you.\"\" hard inquiries: this is the one category of them all i dont fully agree on, can go either way, and i hate it. i really cant think of a life scenario to relate it to, so i kind of think its a prevention mechanism/keep a person in check kind of thing. like to save them from themself and save the lenders. for example, if a guy has great utilization, and just goes insane applying for credit cards, hell get everyone of them because hes showing almost no utilization. then said guy goes and looses his job, but since he racked up 50 cards at 1k each, now he can destroy 50k in credit. thats just my take, but thats EXACTLY how i look at it from TU/EX/EQs point of view.\""}
{"_id": "197527", "title": "", "text": "\"For any isolated equity market, its beta will less resemble the betas of all other interconnected equity markets.  For interconnected markets, beta is not well-dispersed, especially during a world expansion because richer nations have more wealth thus a dominant influence over smaller nations' equity markets causing a convergence.  If the world is in recession, or a country is in recession, all betas or the recessing country's beta will start to diverge, respectively.  If the world's economies diverge, their equity markets' betas will too.  If a country is having financial difficulty, its beta too will diverge. Beta is correlation against a ratio of variance, so variance or \"\"volatiliy\"\" is only half of that equation.  Correlation or \"\"direction\"\" is the other half.  The ratio of variance will give the magnitude of beta, and correlation will give the sign or \"\"direction\"\". Therefore, interconnected emerging equity markets should have higher beta magnitudes because they are more variant but should generally over time have signs that more closely resemble the rest.  A disconnected emerging equity market will improbably have average betas both by magnitude and direction.\""}
{"_id": "197539", "title": "", "text": "Why don't you try using PayTM? You could definitely get money from your customer's PayTM account. Just sign up for PayTM using your mobile. Then ask your customer to transfer money from her payTM account. Later you could withdraw this money to your bank account."}
{"_id": "197546", "title": "", "text": "One of the triggers for audit is when the IRS can't match 1099 income to the tax return. Whoever got the 1099 in her name should include that income on her return."}
{"_id": "197558", "title": "", "text": "You will likely have an options pricing course in your degree program.  If option pricing is not part of the curriculum at all, I would transfer out.  I've had a few co-workers and interviewed candidates who graduated from satellite campuses of major schools.  It's surprising how many of them somehow made it through a finance degree program never learning about options and other derivatives.  The guys that never learned them end up having to play catch up on the job.  A good portion of them end up figuring it out, but a group of them also end up being let go or they leave because they just can't figure it out....   Options are a key and important part of Finance, make sure you understand them!  They also aren't that hard to figure out."}
{"_id": "197562", "title": "", "text": "More precisely North American.  When somebody says American, most likely they mean of or about the USA.  It's the colloquialism that has persisted that made me respond that way.  Yeah, it's just starting to catch on even though these websites have been up and running for a few years now.  I think that the overall global financial crisis impeded or at the very least delayed the popular discovery and utilization of this type of funding paradigm.  There's always http://www.kickstarter.com/ though!"}
{"_id": "197576", "title": "", "text": "First of all depending on the type of IRA you may not have to pay taxes on withdrawals in the US at all. If you are withdrawing your principle from a Roth IRA then you don't owe taxes. Only when you withdraw the gains do you pay taxes on it. You have two options for withdrawals: Lump Sum Withdrawal: If you take a lump sum withdrawal you will owe taxes to the US (30% for non-resident aliens of the US), and according to DTAA; Article 23, you will file your taxes with India declaring your IRA or 401(k) withdrawal proceeds and claim credit on the taxes you paid to the US.  Monthly Pension Withdrawal: You can also receive monthly pension payments and you will only be taxed in the country in which you are a resident of. This is according to DTAA, Article 20. You would then have to submit necessary documentation to your payer in the US so that they do not withhold any taxes in the US. Just as a side note it might be just better to keep the money where it is and let it grow or roll it over to a Roth IRA if you are currently in a lower tax bracket for maximum savings of your principle. Here is a link with more detailed information of what I provided you: http://articles.economictimes.indiatimes.com/2012-01-25/news/30663129_1_taxable-income-nri-401k-plan"}
{"_id": "197579", "title": "", "text": "No. You will need to call your credit card issuer and ask for a credit limit increase.  If you plan to pay off your card then I see no problem in this. You could also ask the seller if they will put $1000 on your card, and $500 in cash.  (Ask for a cash discount too.) Found some anecdotes! http://ask.metafilter.com/143018/Can-I-prepay-my-credit-card-and-use-it-like-a-debit-card-to-help-me-spend-more-responsibly#2047093 http://ficoforums.myfico.com/t5/Credit-Cards/Can-I-prepay-to-increase-limit/m-p/670376#M214222"}
{"_id": "197596", "title": "", "text": "As others have said, please talk to a professional adviser. From my quick research, domain names can only be amortized as 197 intangible if it's used for the taxpayer's business. For example, if Corp A pays $200,000 for corpa.com and uses that to point to their homepage, they can amortize it over 15 years as a 197 intangible. (Please refer to this IRS memo https://www.irs.gov/pub/irs-wd/201543014.pdf.) The above memo does not issue any guidance in your case, where domains are purchased for investment or resale. Regarding domain names, the U.S. Master Depreciation Guide (2016) by CCH says: Many domain names are purchased in a secondary market from third parties [...] who register names and resell them at a profit. These cost must be capitalized because the name will have a useful   life of more than one year. The costs cannot be amortized because a   domain name has no useful life. So your decision to capitalize is correct, but your amortization deductions may be challenged by the IRS. When you sell your domain, the gain will be determined by how you treat these assets. If you treat your domains as 197 intangibles, and thus had ordinary deductions through amortization, your gain will be ordinary. If you treated them as capital assets, your gain will be a capital gain. Very conceptually, and because the IRS has not issued specific guidelines, I think holding domain names for resale is similar to buying stock of a company. You can't amortize the investment, and when you sell, the gain or loss is a capital gain/loss."}
{"_id": "197601", "title": "", "text": "\"Thats why I think its really funny when everyone says Bill Gates or Carlos Slim or anyone else like that is the \"\"richest\"\" in the world.  It's all a floating benchmark based on that day's stock valuations and known stock holdings and has nothing to do with liquid cash or assets.  I'd be more curious to know about old European money such as Rothschilds, old country royalty and the true value of Rockerfellers assets.\""}
{"_id": "197615", "title": "", "text": "You might consider looking in the mirror. You are continuing to launch your verbal tirades. I've provided a significant amount of support - I could continue if you like.   You, however, have no provided any support at all. You are just some guy on the internet shouting from lonely mountain about how undergrad students should go straight to business school. It's foundationally wrong.   You don't like being challenged and I'm challenging your views. Additionally, you do know in business that you need to provide support, so saying that you don't need to back anything up flies in the face of any business sense. Simply making a comment first doesn't entitle you to a free pass, you should defend your position if you feel so strongly about it.   I do have an MBA and I'm a CFA charterholder. I'd be more than happy to connect with you outside of reddit to validate my credentials."}
{"_id": "197616", "title": "", "text": "I work in structuring.  We literally have calls with counsel on these very types of fucking issues.  I've dealt with the topic in structures for both US and Cayman (english) law.  And you realize the AG of any given district isn't a specialist in every field of law right?  He could very well have a specialty in criminal or anti-racketeering."}
{"_id": "197648", "title": "", "text": "And suddenly everyone starts outsourcing their janitorial work to other companies... Let's be honest. This will simply encourage them to figure out ways to get rid of their employees, not pay them more. Walmart will just become a solely-owned subsidiary of some management company, which is where all the executives live."}
{"_id": "197660", "title": "", "text": "Welcome to the psychicoraclechat, we have experts and professionals for tarot card readers, clairvoyants, gypsy and  angel card readers of our live chat room so you can contact us and we have 24/7 sercacavices. Along with these things you can also do free tarot card and orcale Card readings directly on our website and get accurate answers. Apart from this you can also chat to our online Psychic for free unlimited time without any obligations. For further more details about the psychicoraclechat and Psychic, feel free to get in touch with us 24/7."}
{"_id": "197696", "title": "", "text": "Your question has an interesting mix of issues. ASAP and 3-4 years doesn't feel like the same thing. ASAP results in bad decisions made in haste. Four years of living very frugally can create a nice down payment on a house.      A car is only an investment for Uber drivers and those who are directly financially benefitting from a car's use. For everyone else, it's a necessary expense.  What I'd focus on is the decision of buying a plot of land. Unless this is a very common way to do it in your country, I don't recommend that order. Having land and then trying to finance the building of a house has far more complexity than most people need in their lives. In my opinion, the better way is to save the 20% down, and buy a new or existing home you can afford.  In the end, spending is a matter of priority. If you truly want to get out in the least time, I'd save every dime I can and start looking for a house that your income can support."}
{"_id": "197698", "title": "", "text": "I notice you turn to ad hominem instead of providing evidence.  &gt;Go for it, name an empire that purchased its own debt historically and survived.  All current countries with a central bank purchase their own debt and all are surviving. The US is an empire. So there is one example. The Soviet Union was an empire until it failed, and it had a state controlled central bank.  There, I named two.  Now, please name a **single empire** that did not purchase its own debt, since you brought this up. I'll take it you cannot provide this since you are talking out of your ass and know nothing about it. It's sad that you make such absolute claims out of your ass and cannot provide evidence."}
{"_id": "197703", "title": "", "text": "If you can live with managing the individual category amounts yourself, this is trivial. Just set up a spreadsheet listing each category (and a column for the total amount of money in the account), adding or subtracting as you deposit or withdraw money to the account. To the bank it will be just one (physical) account, but to you, it can be any number of (accounting asset) accounts. You can choose to keep a history, or not. It's all up to how complex you want to make it. It doesn't even have to be a spreadsheet - you can just as well do this on paper if you prefer that. But the computer makes it easier. I imagine most personal finance software will help you, too; I know GnuCash can be coaxed into doing this with only a bit of creativity, and it almost certainly isn't the only one. I do this myself and it works very well. I don't know but imagine that companies do it all the time: there is no reason why there must be a one-to-one relationship between bank accounts and accounting asset accounts, and in fact, doing so would probably quickly become impractical."}
{"_id": "197753", "title": "", "text": "It's rare that you'd start to itemize before you have a house and the property tax and mortgage interest that brings. If your state has an income tax, that's first, but then you'll usually need far more in deductions to be over that standard deduction."}
{"_id": "197770", "title": "", "text": "\"I think you need to change the title from Career to \"\"A Primer in Investment Banking\"\" or \"\"What is Investment Banking\"\" ... I did not find any information relevant to career there, but its a nice what is article - upvote for that.\""}
{"_id": "197779", "title": "", "text": "You don't say why you want to move. Without knowing that, it is hard to recommend a course of action. Anyway... The sequence of events for an ECONOMICAL outcome in a strong market is as follows: (1) You begin looking for a new house (2) You rent storage and put large items into storage (3) You rent an apartment and move into the apartment (4) The house now being empty you can easily do any major cleaning and renovations needed to sell it (5) You sell the house (and keep looking for a new house while you do so). Since the house is empty it will sell a lot more easily than if you are in it. (6) You invest the money you get from selling the house (7) You liquidate your investment and buy the new house that you find. If you are lucky, the market will have declined in the meantime and you will get a good deal on the new house in addition to the money you made on your investment. (8) You move your stuff out of storage into the new house. There are other possibilities that involve losing a lot of money. The sequence of events above will make money for you, possibly a LOT of money."}
{"_id": "197782", "title": "", "text": "\"Here's an alternative. There are hundreds, maybe thousands, of contract engineering firms (\"\"job shops\"\") in the United States, probably hundreds in California alone.  They are in the business of doing what your \"\"employer\"\" wants you to do, they know how to do it, they have been doing it for decades, working with the biggest, most-established companies in the country.  They have forgotten more about providing engineering services to clients, and paying the engineers, than you can learn in a lifetime. Call a few of them.  Set up meetings.  Budget a few hours for it.  You want to talk with the most experienced recruiter in the office, the Old Guy Who Has Been There And Done That.  Explain your situation, and tell them that, rather than go through all of the headaches yourself, you want to investigate the possibility of THEM handling all the headaches, for their usual markup of course.  (You can probably word this better than I can, but you get the idea.) The shop may or may not be willing to talk about their markup.  My personal opinion is that this is perfectly OK.  What they make off of you, after your rate is paid, is THEIR business. Also, talk about what you do, and your recommended rate.  It would not surprise me to learn that you are currently grossly underpaid. AND, mention that, if the client declines, you're going to be available immediately, and you'd certainly be open to working with them.  (You will see this again.)  In fact, if they have any current leads that you fit, you would certainly be interested in hearing about them.  (They may already have a req from another client, for which you fit, for which the client is willing to pay much more than your current \"\"employer\"\".) If it were me, personally, I'd start with Yoh, Belcan, and maybe TAD Technical.  These are three of the oldest and best. I'd also hit up CE Weekly, get a subscription, and find some other shops with offices in your area. Once you have a shop lined up, then ask your \"\"employer\"\" if, rather than you setting up a personal corporation, they'd be willing to work with an established Contract Engineering firm,  who does this kind of thing for a living, who does this every day, who has been doing this for decades.  Doing this is simpler for everyone, and, by going through an established firm, they avoid having to teach you how to do business with them.  They also avoid the risk of having you reclassified by IRS as an employee, which exposes them to all kinds of legal and financial liability. If they say \"\"No\"\", WALK AWAY FROM THEM.  Immediately.  They've just thrown up a HUGE red flag.  This is where the other discussions with the shop come into play.\""}
{"_id": "197796", "title": "", "text": "Ditto to Victor. The simple rule is: Pay the minimums on all so you don't get any late fees, etc, then pay off the highest interest rate loan first. A couple of special cases do come to mind: If one or more of these are credit cards, then, here in the U.S. at least, credit cards charge you interest on the average daily balance, unless you pay off the balance entirely, in which case you pay zero interest. So for example say you had two credit cards, both with 1% per month interest, with debt of $2000 and $1000. You have $1500 available. Ignoring minimum payments for the moment, if you put that $1500 against the larger balance, you would still pay interest on the full amount for the current month, or $30. But if you paid off the smaller and put the difference against the larger, then your interest for the current month would be only $15. (Either way, your interest for NEXT month would be the same -- 1% of the $1500 remaining balance or $15 -- assuming you couldn't pay off the other card.)  If one or more of the loans are mortgage loans on which you are paying mortgage insurance, then when you get the balance below a certain point -- usually 80% of the original loan amount -- you no longer have to pay mortgage insurance premiums. Thus the amount you are paying on such premiums needs to be factored into the calculation. There may be other special cases. Those are the ones that I've run into."}
{"_id": "197824", "title": "", "text": "That's funny because my girlfriend's 6S has more issues than my 5S. I wouldn't be surprised if it came to light that manufactures slow down their old models, but I've definitely seen the 6 have more issues than any other generation."}
{"_id": "197835", "title": "", "text": "M$ management needs a serious shakeup. I'm a windows fan but holy crap they went to shit over the last few years. Their hiring policies and constantly firing the bottom 10% of employes creates a backstabbing environment. Windoze 8 is a sad joke, the app store is a pile of unmoderated trash full of fakes and scammers. What were they thinking? Or perhaps they were not.   Maybe they can poach a few executives from Apple who are looking for a challenge. If they could find a happy medium between windows 7 and osX, WITHOUT any tablet support they might be onto something."}
{"_id": "197839", "title": "", "text": "As far as i understand the big companies on the stock markets have automated processes that sit VERY close to the stock feeds and continually processes these with the intention of identifying an opportunity to take multiple small lots and buy/sell them as a big lot or vice/versa and do this before a buy or sell completes, thus enabling them to intercept the trade and make a small profit on the delta. With enough of these small gains on enough shares they make big profits and with near zero chance of losing."}
{"_id": "197846", "title": "", "text": "\"I don't think so. There is a provision in ObamaCare called \"\"community rating\"\" that applies starting in 2014. Insurance companies must place individual and small group plans into a pool of people from the same geographical region. The same plan must cost the same for all small businesses from the same region. So having employees who have high costs will not significantly affect the company's cost; it will get factored into the cost for all people in the area; but the effect gets averaged out over all businesses and individuals who have plans.\""}
{"_id": "197849", "title": "", "text": "**Common Agricultural Policy**  The Common Agricultural Policy (CAP) is the agricultural policy of the European Union. It implements a system of agricultural subsidies and other programmes. It was introduced in 1962 and has undergone several changes since then to reduce the cost (from 71% of the EU budget in 1984 to 39% in 2013) and to also consider rural development in its aims. It has been criticised on the grounds of its cost, and its environmental and humanitarian impacts.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "197850", "title": "", "text": "This subreddit  (and r/advice) seems to be the only sub where you actually get help instead of getting scoffed at and being down voted into oblivion. Isn't relevant to this particular thread but I didn't want to post it separately. Glad this sub exists."}
{"_id": "197856", "title": "", "text": "Obviously there are good answers about the alternatives to the stock market in the referenced question.  HFT has been debated heavily over the past couple of years, and the Flash crash of May 6, 2010, has spurred regulators to rein in heavy automated trading. HFT takes advantage of churn and split second reactions to changing market trends, news and rumors. It is not wise for individual investors to fight the big boys in these games and you will likely lose money in day trading as a result. HFT's defender's may be right when they claim that it makes the market more liquid for you to get the listed price for a security, but the article points out that their actions more closely resemble the currently illegal practice of front-running than a negotiated trade where both parties feel that they've received a fair value. There are many factors including supply and demand which affect stock prices more than volume does. While market makers are generating the majority of volume with their HFT practices, volume is merely the number of shares bought and sold in a day. Volume shows how many shares people are interested in trading, not the actual underlying value of the security and its long term prospects. Extra volume doesn't affect most long term investments, so your long term investments aren't in any extra danger due to HFT. That said, the stock market is a risky place  whether panicked people or poorly written programs are trading out of control. Most people are better off investing rather than merely trading. Long term investors don't need to get the absolute lowest price or the highest sell. They move into and out of positions based on overall value and long term prospects. They're diversified so bad apples like Enron, etc. won't destroy their portfolio. Investors long term view allows them to ignore the effects of churn, while working like the tortoise to win the race while the hare eventually gets swallowed by a bad bet. There are a lot of worrying and stressful uncertainties in the global economy. If it's a question of wisdom, focus on sound investments and work politically (as a citizen and shareholder) to fix problems you see in the system."}
{"_id": "197862", "title": "", "text": "Avoid talking to a person:  Just use an automated system, such as an ATM or a cellphone app.  Automated systems will ONLY scan for the RTN # and Account number at the bottom of the check (the funny looking blocky numbers). The automated system will not care who the check is made out to, or who is present, so long as you have an account to credit the money into, and the account number on the check can get the money debited properly."}
{"_id": "197863", "title": "", "text": "Focusing on options, many people and companies use them to mitigate risk(hedge)  When used as a hedge the objective is not to win big, it is to create a more predictable outcome. Option traders win big by consistenly structuring trades with a high probability of success. In this way, they take 100 and turn it into 1000 with 100 small trades with a target profit of $10/trade.  Although options are a 'zero sum' game, a general theory among options traders is the stock market only has a 54-56 probability of profit(PoP) - skewed from 50-50 win/loss because the market tends to go up over a long time frame. Using Option trading strategies strategically, you have more control over PoP and you can set yourself up to win whether the security goes up/down/sideways.   A quick and dirty measure of PoP is an options' delta.  If the delta on a call option is 19, there is roughly a 19% chance your option will be in the money at expiration - or a 19% chance of hitting a home run and multiplyimg your money.  If the delta is 68, there is a 68% chance of a profitable trade or getting on base. There are more variables to this equation, but  I hope this clearly explains the essence."}
{"_id": "197870", "title": "", "text": "The best way is for X to work as Independent consultant fro c.com from India by raising monthly invoices for the work done. This will avoid the complications and paperwork associated by registering a LLC in US by XF and then employing X as independent consultant in India. X may need to fill out W8-BEN forms so that there is no withholding in US Edit: Independent consultant means without having to register any legal entity either in India or in US. There are no legal regulations in US or in India to hire an independent contractor / consultant. There maybe internal policy of C.com not to have independent consultants. Payments can be made via transfer to Bank account."}
{"_id": "197877", "title": "", "text": "It's well worth to sell it for a low-cost ETF, even with taxes considering you want to keep it invested for 15 years more.  An ETF fee is between 0.07% to 0.7%. The massive saving from what Federated Kaufmann Fund is charging will compound greatly over the term."}
{"_id": "197881", "title": "", "text": "I bet the poor pay more of their family income on food and rent too! Injustice!  What was the point of this? We were talking about net taxation, not some ratio of gross income on a per family basis. The bottom 40% of American are net beneficiaries of taxes anyway."}
{"_id": "197884", "title": "", "text": "Considering that Tesla is a very new car company with a very new product, the sorts of problems reported should not have been unexpected for anyone.  In case a problem *does* occur, the tier of service in hours or days stands a tier *above* almost every other car company (most of which are on the level of days to week**s**.)   There is also no way to buy a car that is guaranteed not to have issues in the first few years.  There's always a chance of a defect even if the chance is minimal and backed up by a long favorable track record. Even Toyotas have their share of issues, and while serious issues may be more rare, the level of inconvenience in case of an incident will inevitably be higher when a new Camry *does* have an issue (speaking from personal experience)."}
{"_id": "197910", "title": "", "text": "\"Absolutely.  You can trace all of it back to Reagan.  His awful Tax Reform Act of 1986 made corporate profits from operations in foreign countries tax exempt, unless and until the corporations chose to \"\"repatriate\"\" those profits [i.e. bring them back to the U.S.], in which case they were subject only to a sharply reduced tax.  This provision created the huge impetus for U.S. corporations to move their operations, and their jobs, overseas.  Reagan initiated the huge increase in income and wealth inequality.\""}
{"_id": "197918", "title": "", "text": "There are also currency hedged ETFs. These operate similarly to what gengren mentioned. For example, a currency hedged Japan equities ETF has an inherent short yen/usd position on it in addition to the equity position, so the effects of a falling yen are negated. Note that it will still be denominated in dollars, however. AED is pegged to the dollar though, isnt it? If your broker is charging you a crazy price maybe try again a different day, or get a new broker. http://www.ishares.com/us/strategies/hedge-currency-impact"}
{"_id": "197921", "title": "", "text": "With a mission to become the most sought-after place in offering the most authentic, stunning and dynamic diamond, we serve needs of diamond lovers in the best possible way. Our diamonds come with a certificate of their value. Finding your perfect piece of diamond can be a blissful and hassle-free experience with us. At Mervis Diamonds, we understand that diamonds express human emotions powerfully and we have the expertise, skills and experience to transform the precious stones into breath-taking masterpieces with splendid in design. Our diamonds are specifically designed to sparkle."}
{"_id": "197938", "title": "", "text": "Yes you are eligible even if your spouse is enrolled in Medicare. As long as YOU are not enrolled in Medicare you can contribute to an HSA. You may use the money to pay the cost of qualified medical expenses for you and your spouse. Here are some resources with additional information: HSA FAQ's HSA Resources"}
{"_id": "197943", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://medium.com/united-green-alliance/the-reality-of-how-the-economy-of-the-third-reich-functioned-is-steeped-in-mystery-and-deception-80c29d28d0d9) reduced by 97%. (I'm a bot) ***** &gt; Outlining the ideas that &amp;quot;Unemployment causes poverty, employment creates prosperity,&amp;quot; and &amp;quot;Capital does not create jobs, rather jobs create capital.&amp;quot; The complete and total elimination of unemployment is central to National Socialist economics, and was especially important to the German National Socialists of the 1920s and 30s, given Germany&amp;#039;s situation.  &gt; In point two, the NSDAP addressed the claim that there would be no markets for these new German goods.  &gt; The concept of resettlement in the East is mentioned again, and it&amp;#039;s goal is to reestablish the lost German agriculture in the East.In conclusion, the economic policies of NSDAP can best be seen as economically pragmatic; not wholly protectionist or pro-free trade, and not wholly pro-free market or pro-central planning.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70uz3g/the_economics_of_the_nsdap_united_green_alliance/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~212049 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **German**^#1 **work**^#2 **Germany**^#3 **economic**^#4 **National**^#5\""}
{"_id": "197949", "title": "", "text": "Recently in my area a factory lost a lot of workers due to more strict immigration laws in my state. They had 1,000 opening and none of the Americans wanted to work there because they didn't want to lose their government entitlements.( The jobs were starting at nearly 12 bucks an hour at that) so they paid for some H1b's from Africa to come in and work those jobs."}
{"_id": "197966", "title": "", "text": "For various reasons, real estate prices exhibit far more memory than stock prices.  The primary reason for this is that real estate is much less liquid.  Transaction costs for stock trading are on the order of 10 basis points (0.1%), whereas a real estate transaction will typically have total costs (including title, lawyers, brokers, engineers, etc.) of around 5% of the amount of the transaction.  A stock transaction can be executed in milliseconds, whereas real estate transactions typically take months.  Thus today's behavior is a much better indicator of future price behavior for real estate than for stocks."}
{"_id": "197970", "title": "", "text": "\"DJIA is a price weighted index (as in the amount of each component company is weighted by its price) and the constituents change occasionally (51 times so far). With these two effects you would not get anything like the same return by equally weighting your holdings and would have to rebalance every so often. Note that your premise was most obviously flawed thinking the number of near bankruptcies there have been in that time. More details of the differing make-ups of the index are available on Wikipedia. When you ask about the \"\"average investment\"\" you would have to be a lot more specific; is it limited just to US shares, to shares, to shares and fixed income securities, should I include all commodities, etc. see also What's the justification for the DJIA being share-price weighted?\""}
{"_id": "197984", "title": "", "text": "Their product count is significantly lower than that of a Walmart or Conventional grocery store, this allows them to hire less people with higher pay and still keep the stores well maintained.  Costco choose to employ less ppl with higher pay but the trade off is that they hire less ppl.  all and all this is still great business practice."}
{"_id": "198007", "title": "", "text": "\"Generally, when you own something - you can give it as a collateral for a secured loan. That's how car loans work and that's how mortgages work. Your \"\"equity\"\" in the asset is the current fair value of the asset minus all your obligations secured by it. So if you own a property free and clear, you have 100% of its fair market value as your equity. When you mortgage your property, banks will usually use some percentage loan-to-value to ensure they're not giving you more than your equity now or in a foreseeable future. Depending on the type and length of the loan, the LTV percentage varies between 65% and 95%. Before the market crash in 2008 you could even get more than 100% LTV, but not anymore. For investment the LTV will typically be lower than for primary residence, and the rates higher. I don't want to confuse you with down-payments and deposits as it doesn't matter (unless you're in Australia, apparently). So, as an example, assume you have an apartment you rent out, which you own free and clear. Lets assume its current FMV is $100K. You go to a bank and mortgage the apartment for a loan (get a loan secured by that apartment) at 65% LTV (typical for condos for investment). You got yourself $65K to buy another unit free and clear. You now have 2 apartments with FMV $165K, your equity $100K and your liability $65K. Mortgaging the new unit at the same 65% LTV will yield you another $42K loan - you may buy a third unit with this money. Your equity remains constant when you take the loan and invest it in the new purchase, but the FMV of your assets grows, as does the liability secured by them. But while the mortgage has fixed interest rate (usually, not always), the assets appreciate at different rates. Now, lets be optimistic and assume, for the sake of simplicity of the example, that in 2 years, your $100K condo is worth $200K. Voila, you can take another $65K loan on it. The cycle goes on. That's how your grandfather did it.\""}
{"_id": "198012", "title": "", "text": "Here at taap.it we support local businesses and efforts that they partake in every day existence. Our motto to \u201clive local\u201d is backed up by over 5,000 bakeries, electronic shops, and t-shirt stores that are signed up with us and use our services.  We strongly speak out against conglomerates and monopolies that try to destroy the experience of shopping in your neighborhood. We are passionate about the cause and have started to lobby New York politicians to inform them about this precedent and our voice will not be unheard. Join the revolution in the way you shop! Join small businesses that truly care about their customers and not senseless machines that try to make as much profit as possible! Join taap.it!"}
{"_id": "198033", "title": "", "text": "If the $9000 was deposited in February 2016 then it must be declared on your 2015 taxes, not 2016. You never have a choice about when to declare a contribution - the only choice you have is when to claim it as a deduction (and it's very rarely a good idea to delay claiming it). You may want to take a look at your Notice of Assessment from tax year 2015 to see if the CRA noticed the error and adjusted your return for you - the text portion would usually mention any such adjustments. If you cannot find your NoA, it can be accessed by logging in to CRA's My Account service. If your 2015 RRSP contribution amount was not already adjusted for you, then this service is also a good way to request a change to your 2015 return.  Though most people don't realize it, you technically gain your contribution room based on the previous year's income on January 1st. It's just that you usually don't know your exact income until you get your T4. This means that on Jan 1, 2016 you received that $6000 room and thus despite being wrong about which tax year the $9000 is declared, you are still right about being over by $3000. You are allowed a little wiggle room on your limit, but only $2000, so you'll be charged 1% per month for every dollar in excess of $2000 over. On January 1 2017, you would have received more contribution room based on your 2016 income, and so as of then you are no longer over your limit. That should mean that your penalty applies for 11 months, for a total of $110. You can try calling the CRA to see if they will waive or reduce your penalty, on the grounds that you were unaware of your employer's deposit. Best of luck! To answer your final question: yes, that 3K over-contribution will now basically just be reducing your available contribution room for 2017. Think of it as having -$3000 room left between February 2016 and Jan 2017, and then more room was added in January making that a positive number. So you don't need to withdraw or do anything further to fix things, other than paying your penalty or getting it waived."}
{"_id": "198039", "title": "", "text": "The most likely explanation is that the calls are being bought as a part of a spread trade.  It doesn't have to be a super complex trade with a bunch of buys or sells. In fact, I bought a far out of the money option this morning in YHOO as a part of a simple vertical spread.  Like you said, it wouldn't make sense and wouldn't be worth it to buy that option by itself."}
{"_id": "198043", "title": "", "text": "I would say 90% of my purchases are through Amazon prime these days.  May not be the same for everyone, but I also dont buy much in terms of retail items.  Food, drink, home necessities, yeah I still go to the store for."}
{"_id": "198045", "title": "", "text": "&gt; The point was the 30% threshold is too low...  Okay, my bad.  Although [the average household spends closer to 15% on housing](https://www.valuepenguin.com/average-household-budget).  &gt; ...as you in fact get 100% takehome to work with.  No, these people still pay FICA, state, and sales taxes.  Regardless, 70% of minimum wage isn't enough to cover a car, a child, a good vacation, a serious health care problem, an aging parent, or a modest retirement. Basically you are fine provided live throws you no curve balls."}
{"_id": "198046", "title": "", "text": "Thanks. I was trying to keep it pretty simple.  I would mostly agree with you, and 100% on the first part. That gets as much into cost allocation methods as anything else though (a topic I just didn't feel like going into haha. You could do a whole managerial accounting course on it).   My caveat is the only time when C-suites screw up transfer pricing and division economics are if they don't fully understand the cost allocation going on behind the scenes. I've seen too many get bogged down with analysts pressing against unprofitable divisions without FULLY taking into account the intricacies of various costing methods (some of which are better than others!).  I think 90% of the time the C-suite gets it. I've just seen a number (ESP small companies) who don't, and end up really screwing things up.  Again though, GE is the master of accounting."}
{"_id": "198063", "title": "", "text": "Ah that's the worst.  if I was told by my manager to put less protein per meal, I'd pretty much do it on a customer by customer basis. Aka I'd give you whatever tf you wanted, Chipotle isn't losing its shirt over a chicken chunk."}
{"_id": "198064", "title": "", "text": "Politicians do not have that goal.  Most of them have one of two primary goals: 1) get re-elected, 2) push the country in an ideological direction, eg more or less government.    Comcast is very good at spending money on big government regulations so they can steal from the citizens.  Blame them."}
{"_id": "198076", "title": "", "text": "100% of their pork is antibiotic-free. They can't get all their beef or chicken up to those standards yet, but the meat that they do get that's antibiotic-free is just that... the animals were never given antibiotics.  Mostly I'm posting because people seemed incredulous that livestock could be truly never treated with antibiotics, but *all* organic meat is supposed to meet those standards, so it's not far-fetched. When Chipotle says antibiotic-free, they either mean it meets the USDA organic standards, or they're lying."}
{"_id": "198082", "title": "", "text": "So Idaho is bringing back slavery?  Non-compete agreements, in a democratic and free world are criminal. Preventing someone from plying their trade and getting paid more for it, is what free-enterprise is all about.  Maybe companies need to focus more on providing improved salary and benefits and staff welfare, rather than indenturing them?  If companies want to enforce an extended non-compete period, then they should pay for it - pay the employees salary for the entire period of non-compete.   THAT should be the law!"}
{"_id": "198085", "title": "", "text": "&gt; Panasonic hasn't yet agreed to put up a penny  In your own link it talks about their 200-300 million initial investment.  Which you would know if you knew anything about the company, or the news on Thursday.  Which, of course, you don't, and yet you keep talking.  Really, you are aggressively ignorant.  I really don't understand how it's possible, or what your motivation is to be so intentionally wrong about everything you say.  Seriously, get a clue.  Try talking about things you know about...if such a subject even exists."}
{"_id": "198087", "title": "", "text": "It is non-binding.  I'm not positive of China receiving money but I know they wouldn't have to give money.  They also don't need to cut their carbon emissions in the near future where the U.S. who competes with China economically would have to cut their emissions by over 20%."}
{"_id": "198090", "title": "", "text": "\"If you want to do #1, then you should form an \"\"investment club.\"\" This is an entity that is recognized by the SEC and the IRS.  From the SEC: An investment club is a group of people who pool their money to make investments. Usually, investment clubs are organized as partnerships and, after the members study different investments, the group decides to buy or sell based on a majority vote of the members. Club meetings may be educational and each member may actively participate in investment decisions. https://www.sec.gov/investor/pubs/invclub.htm You should do your own legal research on how to organize, but I believe that a common way is to form a formal partnership, which then provides the legal structure for distributing gains, tax liability, income, and other costs to the members.  IRS publication 550 has a section on Investment Clubs from a tax perspective, but I'd definitely recommend get professional help on this in addition to whatever you can read yourself. As for #2, I believe that's illegal unless you're licensed.\""}
{"_id": "198101", "title": "", "text": "They don't have to track each other, it could just be listed on more than one exchange.  The price on one exchange does not have to match or track the price on the other exchange. This is actually quite common, as many companies are listed on two or more exchanges around the world."}
{"_id": "198118", "title": "", "text": "We provide ultimate Database of OTR Tubeless Tires Import. Now you can get Better idea for your business without wasting your time. We provide wide range Database along with all the details such as HS code, Product Description, Bill of Loading, Quantity, Country Name, Port Name etc."}
{"_id": "198119", "title": "", "text": "Barton Biggs's book Wealth, War and Wisdom aims to answer the question of what investments are best-suited to preserving value despite large-scale catastrophes by looking at how various investments and assets performed in countries affected by WWII.  In Japan, stocks and urban land turned out to be good investments; in France, farm land and gold did better. Stocks outperformed bonds in nearly every country.  Phil Greenspun recently wrote a review of the book."}
{"_id": "198135", "title": "", "text": "Things are more complicated for non-spouse beneficiaries of a 401(k) account. If you have not deposited the money yet, you may wish to contact the plan administrator and have them do a trustee-to-trustee transfer. If you take possession of the money (by depositing that check) then it will be considered a distribution and won't be eligible for a roll-over deposit. Required minimum distributions will still apply, but those are based on when your mother would have reached the age 70.5, rather than 62. It's not clear to me why they chose that number unless it was something specific to the rules of her 401(k) plan."}
{"_id": "198138", "title": "", "text": "\"The cry of \"\"jobs\"\" doesn't justify environmental harm, racial prejudice, or people working without earning a livable wage.   A job that doesn't allow someone to live with dignity and have their basic needs covered shouldn't exist.    Personally, I'm all for automation. The faster they eliminate menial jobs the sooner we can start retraining our workforce for a modern economy. Hopefully, people will support the needed labor force shift.\""}
{"_id": "198141", "title": "", "text": "retail has been in a slump for quite a few years now.  these companies are short on cash, cut costs, take on debt to pay manufacturers and fund operating costs, products do not sell, short on cash, cut costs, take on debt again etc  go through this cycle enough times everyone starts to look for exits - banks want to get paid on the loans and retailers want to lower the debt service.  this usually ends up at the door step of a PE shop  these retailers are usually over levered by the time PE ships are involved.  PE adds its own tranches of debt and off to the races the retailers go  many retailers are figuring out consumers just are not interested in buying from them, no cash, cut costs, cannot service debt, Ch 11, likely end up on the doorsteps of another PE shop"}
{"_id": "198156", "title": "", "text": "What about a small corner store, a mom &amp; pop shop that only needs someone 20 hours a week to give them a break. A high school kid would work perfectly, but a small business often isn't a multimillion dollar enterprise. Do they pay a high school kid 36 to 60k for 20 hours of work?"}
{"_id": "198169", "title": "", "text": "I wasn't making an argument to shutter the PO but that they are in a declining market and have to adapt.  They can't meet their pension obligation and they will have to prune their urban services and curtail their most costly routes. Tax payers will not tolerate an antiquated business just for the sake of tradition or the convenience of a minority.  I live on a rural route and can live with once a week mail service.  I can also live with a half day post office.  Let the cutting commence."}
{"_id": "198190", "title": "", "text": "By that logic, saying all weed smokers would disagree, is almost like saying all non weed smokers are closed minded. I suppose that is your freedom, but you come across as really ignorant, emotional and irrational in your communication. After we talked for a bit, I feel your not as crazy as your impulsive comments are, but your perspective could be expanded upon. I personally feel the risks of people choosing to be ignorant is far more dangerous to our society, and our freedom than people smoking weed. Ultimately which freedom will you choose? Sure lazy people use weed as their excuse, so what about successful people who use weed whats their excuse for success? Same thing it is for everyone, valuable idea combined with effort to make it happen. I get the sense you really dont like weed, which is your freedom of choice, but comparing it to all other drugs is flat out ignorance. Ive lost handful of family members to opiates and alcohol, so I personally know how harmful some substances can be. I found it interesting being able to talk about this topic, so thanks for opening up. If you have any questions, please feel free to ask."}
{"_id": "198226", "title": "", "text": "Most people that understand economics understand the fact that when two individuals engage in trade, they mutually benefit. Engaging in activity that is mutually beneficially to all parties is to contribute to society.  Libertarians would say that a good business owner like Bill Gates or Steve Jobs did contribute to society through the trade they engaged in. How many lives are better because of the products those men sold us?"}
{"_id": "198229", "title": "", "text": "Remember that unless you participate in the actual fund that these individuals offer to the public, you will not get the same returns they will. If you instead do something like, look at what Warren Buffet's fund bought/sold yesterday (or even 60 minutes ago), and buy/sell it yourself, you will face 2 obstacles to achieving their returns: 1) The timing difference will mean that the value of the stock purchased by Warren Buffet will be different for your purchase and for his purchase. Because these investors often buy large swathes of stock at once, this may create large variances for 2 reasons: (a) simply buying a large volume of a stock will naturally increase the price, as the lowest sell orders are taken up, and fewer willing sellers remain; and (b) many people (including institutional investors) may be watching what someone like Warren Buffet does, and will want to follow suit, chasing the same pricing problem. 2) You cannot buy multiple stocks as efficiently as a fund can. If Warren Buffet's fund holds, say, 50 stocks, and he trades 1 stock per day [I have absolutely no idea about what diversification exists within his fund], his per-share transaction costs will be quite low, due to share volume. Whereas for you to follow him, you would need 50 transactions upfront, + 1 per day. This may appear to be a small cost, but it could be substantial. Imagine if you wanted to invest 50k using this method - that's $1k for each of 50 companies. A $5 transaction fee would equal 1% of the value of each company invested [$5 to buy, and $5 to sell]. How does that 1% compare to the management fee charged by the actual fund available to you? In short, if you feel that a particular investor has a sound strategy, I suggest that you consider investing with them directly, instead of attempting to recreate their portfolio."}
{"_id": "198245", "title": "", "text": "Somebody is getting really addicted to Dow highs and needs another hit. Damn it is going to hurt them when the Dow corrects like a motherfucker.  Invest in the value of a company, invest for the long haul. Don't chase a magical index value. The Dow can actually tank and smart investors can win *at the same time*."}
{"_id": "198246", "title": "", "text": "The reason for the 10% rule of thumb is that this is roughly what you'll need to save for retirement in order to have the same standard of living in retirement as you do during your working years. Since each additional dollar produces less happiness you will maximize your happiness by equalizing your income over your entire life and thus this produces the maximum happiness."}
{"_id": "198251", "title": "", "text": "Forgive me as I do not know much about your fine country, but I do know one thing.  You can make 5% risk free guaranteed.  How, from your link: If you make a voluntary repayment of $500 or more, you will receive a bonus of 5 per cent. This means your account will be credited with an additional 5 per cent of the value of your payment. I'd take 20.900 of that amount saved and pay off her loan tomorrow and increase my net worth by 22.000. I'd also do the same thing for your loan.  In fact in someways it is more important to pay off your loan first.   As I understand it, you will eventually have to pay your loan back once your income rises above a threshold.  Psychologically you make attempt to retard your  future income in order to avoid payback.  Those decisions may not be made overtly but it is likely they will be made. So by the end of the day (or as soon as possible), I'd have a bank balance of 113,900 and no student loan debt.  This amounts to a net increase in net worth of 1900. It is a great, safe, first investment."}
{"_id": "198269", "title": "", "text": "Call your bank and inquire if they send out the kinds of notices like the one you received.  Don't call the number in the message, because if it is a scam, you're calling the scammers themselves, more than likely. Be very cautious about this situation, and if your bank is local then it might not hurt to pay a visit to a local branch to talk to someone in person.  Print out the message(s) you receive to show them and let their fraud division look into it."}
{"_id": "198298", "title": "", "text": "\"&gt; Lets say Bob was spending 60k in Indy, saving 20k/yr.  &gt; Total San Jose / mid-valley COL: 15k + 15k + 11k + 65k + 42k = 130k.  **You've just demonstrated my point, and then some.** That's even factoring in the reduce QOL you've given \"\"Bob\"\".  &gt; I'm sorry if I upset you  The brazen ignorance is annoying, not upsetting.  You're spreading misinformation because apparently you've forgotten how to read.  The poster threw out a number of 120k in San Fran.  I said this was like 60k somewhere else.   You called that bullshit, and now you just showed that 60k living costs in \"\"Indy\"\" are equal to 130k in San Fran with a lower quality of life.  QED.\""}
{"_id": "198306", "title": "", "text": "When it comes to providing quality and reasonably priced veterinary equipment, our company, Vetlab Supplies Ltd is the supplier that you should approach. With many years of industry experience, you can guarantee that we only provide the best veterinary supplies to our clients. For more information about our products, log on to http://vetlabsupplies.co.uk/."}
{"_id": "198312", "title": "", "text": "He's right. The intrinsic value is limited, the market cap is thousands of times the intrinsic value. It's tulip bulbs.  When the dust settles, btc and eth will be worthless or close, and all the electricity and GPUs and ASICs and network bandwidth used to create them will be gone or depreciated. Those who profited did so at the expense of others in a less-than-zero-sum game."}
{"_id": "198315", "title": "", "text": "From what I understand, you have money earned in US and after paying taxes that are due in the US, you have transferred a portion of this to your brother. As you have earned this money outside India, there is not tax liability of this amount in India. Your giving it to your brother would at best be treated as GIFT [and not Income]. As you are giving it to your brother there is no limit on the amount of money that can be gifted. There is no tax liability for your brother. For more details read the  http://www.moneycontrol.com/news/tax/gift-tax-whatsa-gift_664238.html http://www.thehindubusinessline.in/bline/blnri/exp-tax.htm"}
{"_id": "198319", "title": "", "text": "There are rules but they have made the rules so almost any spending increases the GDP because the government can claim they are helping the economy.  Deficit spending doesn't make us richer, it makes our children poorer.  The idea that deficit spending is a harmless way to pay for this UBI is wrong.   The numbers don't add up.  The cost is more than we can afford unless we just charge it to future generations.  Some people just look at this truth and say I'm not going to live forever and putting this debt on future generations is okay with me.    I say fuck you piece of shit.  Your life is waste and nobody is going to be better off because you existed."}
{"_id": "198322", "title": "", "text": "\"Before the internet, there were these things called \"\"BBSes\"\". Bulletin Board System. They were usually privately operated, the software ran on a single personal computer, and most of the time they had 1 phone line connected to them. There were thousands of these systems in every state.  Visitors would call the BBS phone number and connect in a 1 to 1 conversation. The user would then be presented with all sorts of menus and interactive experiences, usually with ANSI colored text. The primary feature of any BBS was the forum, called a Bulletin Board at the time. But many BBSes also had other things. File sharing sections, games, etc. Basically everything that the larger internet is used for today.  Possibly the worst thing that happened to the Internet was the dot com boom. As a result of a tiny few people getting filthy rich, it has created a different landscape where large corporations are kings and it's very difficult for smaller community projects to find the sort of success they would otherwise enjoy.  If the internet were not so ruled by media giants like Google and Facebook, you would see a lot more smaller sites and communities, similar to the BBSes of old. They would have more personality and the experience would probably be \"\"better\"\".  So no, Soundcloud doesn't matter that much. Soundcloud started as a small website, and they deserve to exist as much as anyone, but every time a media giant on the internet collapses, we see dozens of small startups take it's place, and the result is often \"\"better\"\".  There is definitely value in having a central repository, I wonder if something like Soundcloud could exist decentralized. A lot of smaller music sites with preview and purchase features that form a sort of meta-network.\""}
{"_id": "198328", "title": "", "text": "Your first problem is looking at these as monthly expenses rather than looking longer-term at how to remove the expenses. You have a $600/month loan, but what is the interest rate? If you paid that loan more aggressively it would free up 10% of your income, but you can't pay the loan aggressively if you don't have an emergency fund. You need enough cash-flow to take care of emergencies so you don't incur more debt on less advantageous terms. The way you describe the problem, it appears that you don't know where all of the money is going, so the first step is to track all of your expenses and formulate a budget. The budget is a plan on how to spend the money for next month. At least 10% should be money you are saving for a short-term emergency fund. Another 10% should be money you are saving for retirement. Until you have 6 months of expenses saved for your emergency fund, you need to skip luxuries like taxi rides and maybe you need to reduce the amount you send home. 22% is a large amount and unless your parents are using that money to become independent (so that they won't rely on your contributions forever) it will only prevent you from becoming wealthy enough to really help them later. Only you can determine what can be cut from your monthly expenses--but if you want to save--spending less is required."}
{"_id": "198340", "title": "", "text": "\"Not all but many.  Do you not agree that America's woes are brought to you by those in positions of power who's seats are filled mainly from the schools considered by many as the \"\"Ivy Leagues?\"\"  Your boss is cool, than good for him.  What I'm saying is that a graduate from UVA is just as qualified and in many cases a better employee than someone from Harvard.  Infact, not so long ago, I read an article that said more and more firms are hiring people from state schools because they realize that graduates from the Ivy leagues do not many any more difference than graduates from other school..  I'll post that article as soon as I find it.\""}
{"_id": "198349", "title": "", "text": "\"Check whether you're being charged a \"\"Cash advance\"\" fee with your withdrawals, because it's being withdrawn from your credit card account. If that's happening to you, then having a positive balance on your credit card account will dramatically reduce the fees. Quoting from my answer to a similar question on Travel Stack Exchange: It turns out that even though \"\"Cash advance fee - ATM\"\" has \"\"ATM\"\" in   it, it doesn't mean that it's being charged by the ATM you're   withdrawing from. It's still being charged by the bank of your home   country. And depending on your bank, that fee can be minimized by having a   positive balance in your credit card account. This isn't just for   cards specially marketed at globehoppers and globeshoppers   (mentioned in an answer to a similar question), but even for   ordinary credit cards: Help minimise and avoid fees An administrative charge of 2% of the value of the transaction will     apply to each cash advance made on your card account, where your     account has a negative (debit) balance after the transaction has been     posted to it. A minimum charge of $2.50 and a maximum charge of $150     will apply in these circumstances. Where your account has a positive     (credit) balance after the transaction has been posted to it, a charge     of $2.50 will apply to the transaction. Any such charge will appear on     your credit card statement directly below the relevant cash advance. A $2.50 charge if your account is positive, versus $20 if the account   is negative? That's a bit of a difference!\""}
{"_id": "198359", "title": "", "text": "I agree. A classic example of how too much tourism can be a bad thing for a city's citizens is Venice. Most of the locals can't even afford to live in the main regions anymore and instead must commute from nearby islands."}
{"_id": "198371", "title": "", "text": "An important risk is that the government may decide to change the rules. For example, prior to 2011, over the counter drugs like aspirin, Tylenol, Nyquil, etc. were eligible expenses. You could use your HSA money to buy as much as you wanted. Beginning in 2011, those rules changed. Now, if you want to spend your HSA money on Tylenol, you need a prescription for it. The value of HSA dollars was diminished in the sense that the universe of eligible expenses was diminished. No one knows what the HSA rules will be in the future. What will be eligible expenses? Who will be eligible providers? What kind of compliance paperwork will be required? What kind of fees will be imposed? Personally, I'm a great believer in HSAs. I've saved in one for years. But remember that the government makes the rules regarding their use. They've changed the rules to the detriment of HSA owners at least once; I won't be surprised if it continues."}
{"_id": "198376", "title": "", "text": "We (the people) don't need the Fed. The Primary Dealer banks need the Fed. And the deficit financed Federal government needs the Fed.   What the Fed accomplishes for the people is permanent inflation. That inflation happens as waves over the economy. The wave starts in asset and commodity prices and as it loses momentum eventually arrives at wages. It means that the standard of living of the average guy continues to decline unless he finances it with ever-increasing debt."}
{"_id": "198389", "title": "", "text": "\"&gt;Single payer is simply meaning you pay one outlet for your care. So I go to ER and have surgery with overnight stay. I would have 10 or so different bills under the current system or with single payer one bill with the details.   No, it's not.  And with that description it makes sense why you think \"\"what's the big deal with single payer??\"\".  Single payer is where the State pays for all healthcare, through tax funding and other revenue generation programs.  Single payer is absolutely *not* that you only have to pay one bill to a single institution - I don't even think there's a term for that but if there were it would be Single-Pay*ee* not \"\"single-payer\"\".  Regardless, single-payer actually just refers to state-funded healthcare.  Think medicaid for *everyone* regardless of income levels.  https://en.wikipedia.org/wiki/Single-payer_healthcare\""}
{"_id": "198394", "title": "", "text": "\"I find this very hard to believe Believe it.  The bottom quarter of American households have negative net worth, and the bottom three quarters have no more than a tiny amount saved up. https://en.wikipedia.org/wiki/Wealth_in_the_United_States#/media/File:MeanNetWorth2007.png In an emergency, 63% of Americans would not be able to come up with $500 without going into debt.  http://www.forbes.com/sites/maggiemcgrath/2016/01/06/63-of-americans-dont-have-enough-savings-to-cover-a-500-emergency/ Nobody can retire with 5k in the U.S. The money will be gone within a year. Is it possible? Now you begin to see why the long-term stability of Social Security and Medicare are at present hot topics in American political life. Without them, a great many more Americans would die in poverty. What is the actual figure? The $5000 figure is accurate but irrelevant; that median includes people who are thirty years from retirement and people who are two days from retirement. The more relevant statistics are those restricted to people at or close to retirement age, and they can be found lower down in the article you cite, or in numerous other studies. Here's one from the GAO for example: http://www.gao.gov/products/GAO-15-419 The figures here are, unfortunately, no less terrifying: Now $104K is a lot better than $5K, but it's still not much to retire on. Why we believe that it is reasonable to throw out all the zeros before taking the median, I do not know. That seems like bad math to me. UPDATE: There is some discussion of this point in the comments; all I'm saying here is that this is a clumsy and possibly misleading way to characterize the situation. The linked report has the actual data, but let's try to summarize it here in a more meaningful way. Let's suppose that we make buckets for how dependent on SS is a retirement-age household to avoid starving to death, being homeless, and so on? Maybe these buckets are not ideal, and we could move them around a bit.  The takeaways here are that the ratios of nothing:inadequate:barely adequate:comfortable is about 40:30:20:10. That only the top decile of retirement-age households can fund a comfortable retirement without help illustrates just how dependent on SS American households are. how do 50% of old Americans survive in their old age?  Social Security and Medicare.  As the cited GAO report indicates: \"\"Social Security provides most of the income for about half of households age 65 and older.\"\" Do most old Americans rely on their children for financial support? One day I met a woman at a party and we were making small talk about her kids. She had a couple already and one more was on the way.  \"\"I want to have lots of children to support me in my old age\"\", she said.  \"\"Do you support your parents?\"\" I asked, which frankly seemed like an entirely reasonable question.  \"\"Of course not! I can't afford it. I've got a baby on the way and two more kids at home!\"\" I left her to draw her own conclusions as to the viability of her retirement plan.\""}
{"_id": "198412", "title": "", "text": "One reason for this is that many people don't simply allow their houses to rot and decay. If you're talking about a house built in 1980 and left vacant and unmaintained for 35 years, it probably will be in pretty poor shape.  But a homeowner generally wants to preserve their house and maintain it in good condition, so they invest in things like new roofs, siding, gutters, windows, paint, exterminators, new furnaces, hot water heaters, air conditioners, etc... All this stuff costs money (and for tax purposes, can often be factored into the cost basis of the house when it is sold), but it maintains the value of the property. A small hole in the roof may be fairly cheap to fix, but if left unrepaired, it could eventually cause much of the building to rot, making the structure near worthless. If a car slams into your living room, you don't generally leave it there; most people repair the damage.  It's not uncommon in some areas to have 100 year old houses (or 300+ year old houses in some countries) that were built well in the first place and have been well maintained in the interim.  People also renovate their homes, ripping out outdated construction and appliances and sometimes building new additions, decks, porches, etc... This also serves to make the property more attractive and increases its value."}
{"_id": "198428", "title": "", "text": "I want to know if I cut the citi card in half for example, how much would the min payment go down? If you goal is to become debt-free, the minimum payment shouldn't matter. Even if the minimum payment goes down, continue your current payment amount (or more, if you can afford it) until the balance is paid off. Paying the minimum will just keep you in debt longer."}
{"_id": "198442", "title": "", "text": "\"The best answer for you is going to depend completely on your financial goals.  Do you want to be debt free?  Are you comfortable with the risks of long-distance rentals?  Do you have good resources to take care of any issues where the properties are at?   You can't directly compare the returns of risky investments versus the risk-free \"\"return\"\" of paying off debt. The expected return of the property might be higher that the interest on the loan, but when you incorporate risk, there's a decent chance that you'll make less money on the property than you pay on the loan. Other things to consider: Another way to think about it is:  If you did not have the debt or the houses, Would you borrow money at 4% (or whatever your student loan is at) to buy a rent house in Arizona?\""}
{"_id": "198458", "title": "", "text": "haha yeah.   what industry are you in and did you try to get the trading position? I'm in the computer science industry and got the highest paying intern job at silicon valley last summer I don't see why banks and walstreet can't toss a dime to their finance students"}
{"_id": "198464", "title": "", "text": "I shorted at 1.35 recently, I was short from 1.39 and closed at 1.33  There are two collapse scenarios scenarios:  1. Euro collapse all countries revert (very unlikely) eur/usd = 0  2. Euro zone kicks out the PIIGS, eurusd =1.5, the currency now has only the strong countries in it which will reduce all of the eurozone risk.   Scenario two will kill you if you are short.  Short the currency and leverage it up (in fx you can usually get 50:1 leverage)."}
{"_id": "198465", "title": "", "text": "The duration of a bond tells you the sensitivity of its price to its yield. There are various ways of defining it (see here for example), and it would have been preferable to have a more precise statement of the type of duration we should assume in answering this question. However, my best guess (given that the duration is stated without units) is that this is a modified duration. This is defined as the percentage decrease in the bond price for a 1% increase in the yield. So, change in price = -price x duration (as %) x change in yield (in %) For your duration of 5, this means that the bond price decreases by a relative 5% for every 1% absolute increase in its yield. Using the actual yield change in your question, 0.18%, we find: change in price = -1015 x 5% x (4.87 - 4.69) = -9.135 So the new price will be 1015 - 9.135 = \u00a31005.865"}
{"_id": "198468", "title": "", "text": "One option might be to use tax certificates to save this money. At the moment they don't pay any interest (unless you deposit more than \u00a3100,000 at once), so they aren't very attractive from that point of view. But they do give you a clean way to segregate your money and for the purposes of charging penalty interest, HMRC will treat you as having made the payment at the time you purchased the certificate, if it turns out that you should have paid the actual tax earlier than you did. Another option is a regular saver account. These typically have limits of \u00a3250 per month, so you might have to open a few given the amount you have to save. That would add up to a lot of maintenance effort, particularly as you'd have to open new accounts again each year. However, they do typically offer good interest rates compared to what's available elsewhere, and the way they operate fits well with your needs (money coming in regularly and then going out all at once)."}
{"_id": "198470", "title": "", "text": "\"And what exactly have the effects of that been? Hmm?   It seems to me that you just disproved your entire point. The fed created a ton of money, it quadrupled the monetary base. And inflation never hit 3%. In fact, most of the money never left the banks. It's sat around for almost a decade as excess reserves.   Basically, the fed \"\"printing\"\" money didn't do anything except the bare minimum. The vast majority of that money never even made it into circulation; they aren't even real paper dollars, there were not paper dollars printed. They've never been anything more that an electronic accounting trick on a fed computer to give the banks confidence in their balance sheets.\""}
{"_id": "198473", "title": "", "text": "\"If the banks are not giving you a loan, there is probably a good reason for it. Banks are lending, they are only making safe loans. And this is not a bad thing. Remember that everybody is pissed off at the banks because they made too many risky loans and inflated a bubble until it popped and needed to be bailed out. It's stupid to be pissed at the fact that they stopped making risky loans.  But of course, everybody says \"\"but I'm not risky, the other guy is the risky one\"\".\""}
{"_id": "198488", "title": "", "text": "There is no doubt that a good, quality early education is one of the base for becoming successful person in future. And Jumbobookmarks.net will provide all the articles related to education and college. If you are a writer then you can bookmark your latest findings for free and use it later."}
{"_id": "198491", "title": "", "text": "Even worse than that, apparently JP M doesn't understand what Risk analysis and oversight are for.  If I had money with them, i'd take it out.  It's utter incompetence for a trading unit not to have strong risk management."}
{"_id": "198499", "title": "", "text": "Seeing adults seek the help of a chiropractor for the pains that start to emerge with age is nothing new. Most people see chiropractic simply as a means of finding relief and forget that the idea behind the practice is really about more than just fixing physical problems."}
{"_id": "198500", "title": "", "text": "&gt;This is only partly true, and it's slightly misleading.  It's absolutely 100% true, and not misleading at all. Legal tender laws don't make anyone accept any particular value for money, they just mean that you have to accept that money as payment.   IOW, everyone is perfectly free to instantaneously decide that a dollar is worth only 1/1,000,000,000th of an orange, and oranges would instantly cost a billion dollars. Oranges cost less than that not because the government sets the price of oranges, but purely because that's what the market agrees to.   I'm explaining internal combustion for a 5-year-old, and you're calling it inaccurate and misleading because it doesn't address the sociological implications of American car-culture."}
{"_id": "198508", "title": "", "text": "\"That's the reality of what sometimes people don't grasp. \"\"The banking elites will never let bitcoin succeed.\"\" Although this is probably true at a certain level, the reality is that when bitcoin poses as a threat, it is also an opportunity at the same time. Bank are all in competition with one another. There are plenty who will take the plunge and get involved if there is money to be made. If they don't do it, another bank will. It's the prisoners dilemma in action, in that banks benefit from defecting and not colluding together. This is also the case when it comes to how Nation States will eventually interact with it. Japan is at a huge advantage by moving first into acceptance. Should be the first domino that keeps every country on the offensive to at least not outright banning it. If it succeeds, large countries are at huge risks of missing out big time.\""}
{"_id": "198524", "title": "", "text": "When buying textbooks, make sure to compare the local bookstore to online prices. Also check out places to sell textbooks online, like Amazon."}
{"_id": "198532", "title": "", "text": "Since you're a US citizen, submitting W8-BEN was wrong. If you read the form carefully, when you signed it you certified that you are not a US citizen, which is a lie and you knew it. W9 and W8 are mutually exclusive. You're either a US person for tax purposes or you're not, you cannot be both. As a US citizen - you are a US person for tax purposes, whether you have any other citizenship or not, and whether you live in (or have ever been to) the US or not. You do need to file tax returns just like any other US citizen. If you have an aggregate of $10K or more on your bank accounts outside of the US at any given day - you need to file FBAR. FATCA forms may also be applicable, depending on your balances. From foreign banks' perspective you're a US person, with regard to their FATCA obligations. Whether or not you'll be punished is hard to tell. Whether or not you could be punished is easy to tell: you could. You knowingly broke the law by certifying that you're not a US citizen when you were. That is in addition to un-filed tax returns, FBAR, etc etc. The fact that you were born outside of the US and have never lived there is technically irrelevant. Not knowing the law is not a reasonable cause for breaking it. Get a US-licensed tax adviser (EA/CPA licensed in the US) to help you sort it out."}
{"_id": "198540", "title": "", "text": "You seem to be misinformed on a few things. Let me see if I can help.  Knowing how to run a business and run the government are two different skills. The goals of a government are completely different than the goals of a business.  &gt;In a scholarly ranking of great presidents, a 2009 survey conducted by C-Span,6 of the 10 best leaders lacked sufficient business experience to be president by Romney\u2019s rumination. This list includes Ronald Reagan, the actor, union activist and corporate spokesman, and John F. Kennedy, the naval officer, writer and politician. There is one failed businessman on the list of great presidents, the haberdasher Harry S. Truman. - [NYT](http://opinionator.blogs.nytimes.com/2012/05/31/the-wrong-resume/)   [Carter was a fiscal conservative compared to Republican Icon Ronald Reagan. Who quickly ran up deficits once he was in office.](http://en.wikipedia.org/wiki/File:Federal_Debt_1901-2010.png)  We got into this ditch because of George Bush and Republican mismanagement, and we're slowly working our way out of it, [with no thanks to the GOP cockblocking anything and everything](http://crooksandliars.com/jon-perr/republicans-unprecedented-obstructionism-by-numbers). If they were more interested in helping the country than being spiteful children maybe recovery would go faster. But in reality, they don't care about the economy, because they and theirs are making more money than ever. [This is about their number one stated goal, making sure Obama is a one term president.](http://youtu.be/W-A09a_gHJc) Pure politics at the expense of the rest of the country."}
{"_id": "198547", "title": "", "text": "The Chinese corporate sector doesn't really have a crazy amount of debt compared to developed countries. And households even less. What people are concerned about is how quickly it is rising, not the actual amount. And also the structure of the debt. (And how much of it isn't captured and reported.)  But to answer your question, the two factors you mention are positively correlated, not negatively as you postulate. The more assets you have, the higher the odds you are able to repay and the more debt lenders are willing to give you. But debt tends to be measured relative to income not wealth and this is another reason Chinese household wealth may be overstated."}
{"_id": "198560", "title": "", "text": "The problem is exactly as described above, they are paying benefits for employees that aren't even born.  Its ridiculous, name one other business who is saving for employees benefits 60 years in advance.  Basically they put 5 billion in bank and made 3 billion last quarter.  Thats pretty damn good IMO."}
{"_id": "198562", "title": "", "text": "Here's a good definition of a consumer loan: What is a Consumer Loan? As@Pete B. pointed out, there are some states (California loves to be the oddball, doesn't it?) that treat some loans in a more unconventional manner, but the gist of it is that a consumer loan is normally unsecured, meaning there's no collateral or lien associated with it.  A signature loan would be a good example of a consumer loan.  Many times, loans made by non-banks (finance companies that loan for consumer purchases, for instance) would be considered to be consumer loans. I hope this helps. Good luck!"}
{"_id": "198572", "title": "", "text": "\"I have a similar situation -- five different accounts between me and my wife. Just as you and @Alex B describe, I maintain my asset allocation across the combination of all accounts. I also maintain a spreadsheet to track the targets, deviations from the targets, amounts required to get back in balance, and overall performance. I (mostly) don't use mutual funds. I have selected, for each category, 1 or 2 ETFs. Choosing index ETFs with low expense ratios and a brokerage with cheap or free trades keeps expenses low. (My broker offers free ETF trades if you buy off their list as long as you aren't short-term trading; this is great for rebalancing for free 2 or 3 times a year.) Using ETFs also solves the minimum balance problem -- but watch out for commissions. If you pay $10 to buy $500 worth of an ETF, that's an immediate 2% loss; trade a couple of times a year and that ETF has to gain 5% just to break even. One issue that comes up is managing cash and avoiding transaction fees. Say your IRA has all the growth stock funds and your Roth has the bonds. Stocks do well and bonds do poorly, so you sell off some stocks, which creates a bunch of cash in your IRA. Now you want to buy some bonds but you don't have enough cash in your Roth, so you buy the bonds in your IRA. Not a problem at first but if you don't manage it you can end up with small amounts of various funds spread across all of your accounts. If you're not careful you can end up paying two commissions (in two different accounts) to sell off / purchase enough of a category to get back to your targets. Another problem I had is that only one account (401k) is receiving deposits on a regular basis, and that's all going into an S&P 500 index fund. This makes it so that my allocation is off by a fair amount every quarter or so -- too much in large cap equities, not enough of everything else. My solution to this going forward is to \"\"over-rebalance\"\" a couple of times a year: sell enough SPY from my other accounts so that I'm under-allocated in large caps by the amount I expect to add to my 401k over the next 3 months. (So that in six months at my next rebalancing I'm only 3 months over-allocated to large caps -- plus or minus whatever gains/losses there are.)\""}
{"_id": "198583", "title": "", "text": "There is no direct relationship between volume and stock price. High volume indicates how much stock is changing hands. That can be because people are enthusiastically buying OR enthusiastically selling... and their reasons for doing so may not agree with your own sense of the future value of the stock. Higher volume may mean that the price is more likely to change during the day, but it can be in either direction -- or in no direction at all if there isn't a general agreement on how to react to some piece of news. It's a possibly interesting datum, but it means nothing in isolation."}
{"_id": "198591", "title": "", "text": "Oh, well $100k AUD is a little on the high side but still fairly typical for an entry level EE.  EDIT: Turns out it's almost exactly what my starting salary was as an entry level ee back in 2001 after adjusting for inflation."}
{"_id": "198592", "title": "", "text": "A reason not to split your stock is that the value of the company might fall back again, and if its stock price falls below $1 it will be delisted from the NYSE. So if the value of your company grows tenfold so the shares go from $5 to $50, you do a ten-for-one split, and then its value shrinks back to where it started, you're off the stock exchange."}
{"_id": "198599", "title": "", "text": "A $2 fee to push customers towards setting up automatic bill pay is a very different thing than participating in writing legislation which would cripple the internet.   BoA's fee was pure greed. GoDaddy has no sane reason for backing or even participating in SOPA. Verizon wanted people to use automatically bill pay, so they created a fee to punish those that didn't use have recurring payments. Do you really not see the difference between these 3? Verizon just screwed up by not offering an incentive to go along with the punishment. It was a PR blunder, not greed or maliciousness."}
{"_id": "198606", "title": "", "text": "The number you are trying to calculate is called the Internal Rate of Return (IRR).  Google Spreadsheets (and excel) both have an XIRR function that can do this for you fairly simply. Setup a spreadsheet with 1 column for dates, 1 column for investment. Mark your investments as negative numbers (payment to invest).  All investments will be negative. Mark your last row with today's date and today's valuation (positive). All withdrawals will be positive, so you are pretending to withdrawal your entire account for the purpose of calculation. Do not record dividends or other interim returns unless you are actually withdrawing money. The XIRR function will calculate your internal rate of return with irregularly timed investments. Links: Article explaining XIRR function (sample spreadsheet in google docs to modify)"}
{"_id": "198609", "title": "", "text": "I totally agree. Been a tech guy for years, (with a passing interest in finance to get my cfa level 1) but I have noticed a clear tilt for using big data to solve problems in the world and I imagine that at the upper end, all quants are now done via data analytics. And slowly it looks like even fundamentals can be turned into data to solve similar problems. (I.e. this is how I am doing lead generation and prospecting for a client)  I honestly feel like anyone who wants to be in the business of offering insight will one day need all of the skills you mentioned."}
{"_id": "198630", "title": "", "text": "Games like Blackjack present a house edge that can be whittled down to just 0.05 percent while employing a good strategy.It is better to play games that give you an advantage in the best online casinos in the UK. These include video poker baccarat and blackjack."}
{"_id": "198632", "title": "", "text": "\"&gt;Are these people making min wage dying en mass? No? Then they are supported. I don't want to sound crude, but there really isn't a profession on earth where you don't have to rough it out for a few years. Life's tough.   \"\"Beat the kid.  It builds character.  My parents did it to me.  Look how well I turned out.\"\"  An over-exaggeration, but at a basic level, it is the same idea as what you put above.  A certain level of stress creates growth, mentally, and physically.  Too much stress actually counters growth.  Small periods of high stress are great for teaching coping.  Long periods, perhaps to wear the person down/  But when we recklessly let them be applied, rather than trying to guide it to something constructive, we are being irresponsible.  &gt;The \"\"abundance\"\" of min wage jobs you speak of are either not as abundant as you think relative to the demand or the minimum wage is already too high relative to the demand.   Now this is a pure capitalism argument, and fails to hold water for the same reasons capitalism is having issues today:    The market is not solely determined by supply and demand.  Distance from resources, ability to control resources everyone needs, ability to control resources or market for your competition, environmental disasters, etc.  All these control the market.  New graduates have little to no power over the market, so companies can easily control how much or little new graduates can make, without fear of losing demand.  There will always be new graduates who are gullible enough to take their jobs.   AND  Capitalism favors those with more capital.  (This ties in with the first part).  When you have the resource, you can choose which source of any item you need.  When you have few resources, you may be stuck getting your needs fulfilled by whatever the nearest, or most available, market is.  Your time (another resource) is more free if you have capital, and more tied up in other peoples' businesses if you have less capital.  If you have to work two full time jobs to feed yourself and your dependents, your time resources is already invested, and it is much more difficult to invest some of that resource in yourself to improve your position.  You may be able to bandy your financial resources to build a buffer, so you can improve yourself.  You may not be able to.  I think that part is where we disagree.  The rest, I agree with you, in more than just part.  I'm enjoying this exploration in ideology.  Thank you :D\""}
{"_id": "198653", "title": "", "text": "RIM is dead. It's entire business was based on integration with business before other phones could. Now all phones can, and they have no advantage. They will either be bought out or close up shop completely. It's only a matter of time."}
{"_id": "198683", "title": "", "text": "Here's some ideas: Hope that helps."}
{"_id": "198692", "title": "", "text": "It is unlikely that UK tax will be due on the money -- see here: Foreign students usually don\u2019t pay UK tax on foreign income or gains, as long as they\u2019re used for course fees or living costs But if the UK doesn't tax you on the money then double-taxation agreements probably won't apply, and so any Italian tax due will be payable."}
{"_id": "198705", "title": "", "text": "Are you sure this is not a scam. It is expensive to transfer 10 EUR by SWIFT. It will cost 30 EUR in Banks fees. If this is genuine ask them to use remittance service or western union  or you open a PayPal account and ask them to transfer money."}
{"_id": "198720", "title": "", "text": "The market is for sophisticated investors who have money to lose.  If you fall into that category then you belong there.  Otherwise it would be wise to have no confidence in the market whatsoever.  There is more borrowed investment money in the market than ever.  There are more derivatives out there than ever.  There is less regulation than ever.  The market makers will exit the market for the sole purpose of watching it drop in value as everyone else tries to get out at which time they will jump right back in after the crash. Its a game for them.  A very profitable game at that."}
{"_id": "198730", "title": "", "text": "The most important thing to do when moving is to change your address with the post office. This will forward most mail for a year, and even automatically send change of address notices to many businesses that send mail to you. If you do this, and the IRS needs to send you something over the next year, you'll get it.  The IRS does have a procedure for changing your address, and you would want to do this if you are expecting something from the IRS and are unable to do a change of address with the post office for some reason. But if you do forward your mail and you aren't expecting a refund check, I don't think it is necessary. The IRS will get your new address when you file your return next year."}
{"_id": "198732", "title": "", "text": "\"A (very) simplified bond-pricing equation goes thus: Fair_Price: {Face_Value * (1 + Interest - Expected_Market_Return) ^ (Years_To_Maturity)} * P(Company_Will_Default_Before_Maturity) To reiterate, that is a very simplified model. But it allows us to demonstrate the 3 key factors that drive \"\"Fair\"\" Value: The interest relative to the current market rate. If your AAA bond yields 1%, but an equally-good AAA bond currently sells at 3% in the market, then the \"\"Equivalent\"\" value is the face value minus 2% (1% - 3%) for every year to maturity.  Years to maturity. Because 1) is multiplied for every year to maturity, longer-dated bonds are more sensitive to changes in market rates. If your bond yields 2% less than market but matures in a year, then it's worth $98, but if it matures in 56 years, then it's only worth 0.98^56 = $32. Conversely, if your bond yields more than the market rate, then its' price will be greater than face value. The company might default on the debt. If a Bond has a \"\"Fair\"\" Value of $100, but you think there's a 50% chance that the company will default, then it's only worth $50. In fact, it can be worth even less because getting paid on a defaulted bond can often take time and/or money and/or lawyers. In your case, because your bond matures in 56 years but yields ~5% (well above the current market rate), for it to be below Face value implies a strong probability of default, or a strong belief that market returns will be above 5% over the next 56 years.\""}
{"_id": "198747", "title": "", "text": "How would you calculate separate margins in the following example: You have a fairly volatile component that is basically a commodity that you have sold as a standalone product for years. You then begin offering a value-add service of programming these components so users can buy the basic component or a ready to go preprogrammed version. Sales can also offer sales deals at their discretion. I just want to spitball some ideas."}
{"_id": "198754", "title": "", "text": "There are two building blocks you need:  - Knowledge - Connections (and usually more this than the prior)  You're on the right track with your CFA, but make sure you get to know people within the industry you're trying to enter."}
{"_id": "198760", "title": "", "text": "[I think its hilarious](http://i.imgur.com/xR3M9Y3.gif). Its like decades of baseless 'merican pride and license to be stupid have culminated into one person. The next president would have to be Aerys II Targaryen and start burning US citizens at the stake, to be worse. Though I say that with some reserve, as it can always get worse."}
{"_id": "198761", "title": "", "text": "Are they run by Amazon directly or intermediaries?    If it's an intermediary, they can be very cut throat because it's *their* profits on the line (which are super slim as per contract negotiations - they offered the lowest possible bid and actually won the contract). I know that's how manufacturer rebates are processed - by an intermediary. The processing company is different from the retailer offering the rebate. *That* contract has already been worked out and if the employees don't operate at near 100% efficiency, it cuts into their profit so they're very hard nosed."}
{"_id": "198764", "title": "", "text": "While the Vanguard paper is good, it doesn't do a very good job of explaining precisely why each level of stocks or bonds was optimal. If you'd like to read a transparent and quantitative explanation of when and why a a glide path is optimal, I'd suggest the following paper:  https://www.betterment.com/resources/how-we-construct-portfolio-allocation-advice/ (Full disclosure - I'm the author).  The answer is that the optimal risk level for any given holding period depends upon a combination of:  Using these two factors, you construct a risk-averse decision model which chooses the risk level with the best expected average outcome, where it looks only at the median and lower percentile outcomes. This produces an average which is specifically robust to downside risk. The result will look something like this:   The exact results will depend on the expected risk and return of the portfolio, and the degree of risk aversion specified.  The result is specifically valid for the case where you liquidate all of the portfolio at a specific point in time. For retirement, the glide path needs to be extended to take into account the fact that the portfolio will be liquidated gradually over time, and dynamically take into account the longevity risk of the individual.  I can't say precisely why Vanguard's path is how it is."}
{"_id": "198772", "title": "", "text": "Oh come on.  Really?  Have you ever meet normal people?  They shop at Walmart.  They eat fastfood.  They need help getting a WiFi connection.  They are utterly helpless.  But they are the ones picking up our trash, they make sure are properly maintained, they work the night shift at hotels, they work on Thanksgiving night."}
{"_id": "198818", "title": "", "text": "What? Our currency isn't backed by debt currently. It's a fiat currency. Now, if you're asking whether we could back the value of our currency against some type of debt, sure we could, but it would be an incredibly poor decision.   The Constitution doesn't specify the type of currency the U.S. has. It gives Congress that power to either delegate that decision, as in the case of the Federal Reserve or pass their own laws."}
{"_id": "198825", "title": "", "text": "4% of 30k ($1,200) is dwarfed by an $18,000 base pay increase. At 48k maxing out IRA will take ~11.5% of gross income, so at current position (30k salary) 401k contributions would likely be limited to the matching portion anyway. The long-term benefit of a deferred tax retirement plan can't fully be known since tax rates can change over time. If rates increase, the benefit can be mitigated. Personally, I only contribute to 401k enough to get full employer matching, and then I prioritize HSA, IRA, after those, some people like to go back to 401k to max, but I prefer other investments. At this low of an income range, the increase in base pay is far too significant to worry over potential differences in tax-deferred vs after tax investments."}
{"_id": "198857", "title": "", "text": "\"Did anyone else hate the way that article was written?  I would have loved more facts and less \"\"ah shucks, she sure is a good ol' country girl!\"\"  I don't fucking care if she likes to fish on the week-ends.\""}
{"_id": "198871", "title": "", "text": "\"Even less reason for influencers to tag it then?    The way it works for us is our PR company pretty much gives us a list of their affiliate \"\"Key Opinion Leaders\"\" (KOL) with all of their rates.  We then choose a couple after looking at their pages. PR firm sends out product samples then lets us know when the post is up. PR firm pays KOL, we pay PR firm.    So for this to come up as \"\"advertised\"\" on insta, my understanding from the above thread is that the KOL needs to tag it. However as the client we would absolutely not want \"\"Paid\"\" or \"\"Sponsored\"\" to show up if we can help it, it destroys the illusion.   Last thing I will note is what /u/pwnicholson posted about regarding FTC rules. That is fine if you need to tag it for regulatory reasons. We don't in Aus, so it won't happen. In saying that, the data looks juicy so we'd probably do it here and there to see the numbers, but otherwise the 'illusion' is very important imo.\""}
{"_id": "198895", "title": "", "text": "OCTOBER 18, 2017 by John Gapper Goldman Sachs making too little money is not the worst of the world\u2019s problems. But inside the investment bank\u2019s New York headquarters, it feels like an insult.  Goldman is not suffering a financial crisis, as it did in 2008 when it officially converted to being a bank holding company amid panic that the whole of Wall Street could collapse. It faces something deeper: an identity crisis.  It used to be the role model for many rival banks \u2014 envied even while resented for its single-minded focus on investment banking and trading. But as Tuesday\u2019s disclosure of a 26 per cent fall in its bond trading revenues confirmed, banking has changed. Instead of lenders such as JPMorgan Chase wanting to become as glamorous as Goldman, it needs to be more like them.  This is a telling moment, albeit less dramatic than 2008. Investment banking enjoyed a lucrative two decades, spurred by globalisation and financial liberalisation. Goldman\u2019s revenues rose briskly from its initial public offering in 1999 to 2007, and boomed in 2009. It could do no wrong financially, although it turned out to have done wrong to some of its customers.  But guess what? Regulation works. Governments and central bank supervisors set out to make complex trading in bonds and derivatives, the securities business in which Goldman specialised, more expensive and less profitable. The rules now favour deposit taking and lending instead of wizardry.  No one really planned the second aspect of the bank\u2019s difficulty. The huge dose of monetary easing since the crisis has damped volatility and made markets more predictable. Hedge funds, themselves under pressure, no longer need to reward Goldman and others for taking on financial risk.  Goldman\u2019s bond and commodities trading division \u2014 from which emerged a cadre of leaders including Lloyd Blankfein, its chairman and chief executive \u2014 tells its own story. It used to occupy two floors of the New York office but has shrunk to one as Wall Street\u2019s total bond trading revenues have halved since 2009. More prices are calculated by computers than humans.  When you rely heavily on one engine and that engine sputters, you are in trouble. The bank\u2019s financial advisory and capital raising division is performing well and it has an investment management arm. But it lacks a consumer powerhouse like Morgan Stanley\u2019s wealth management operation, or the lending and credit card activities that drive banks such as JPMorgan.  The humbling truth for Goldman is that US retail banking has become not only more reliable than investment banking, but more profitable. JPMorgan\u2019s balance sheet is three times the size of Goldman\u2019s and its retail banking arm made a 19 per cent return on equity in the third quarter, compared with Goldman\u2019s 11 per cent.  The best historical comparison for Goldman\u2019s predicament is, ironically, the JPMorgan of the 1990s. JPMorgan was a blue-chip corporate bank but found that this business was no longer profitable enough as lending margins fell. It launched an effort to return to investment banking, having been separated from Morgan Stanley in 1935 by the Glass-Steagall Act.  JPMorgan had a good stab at it, compensating for the fact that Goldman and others dominated Wall Street\u2019s \u201cbulge bracket\u201d by pioneering credit derivatives (which later turned out badly). But it could not make enough progress alone and settled for being bought by Chase Manhattan in 2000.  \u201cBoth [banks] have struggled to keep pace with the rapid growth of the leading investment banks, which are in businesses that have been far more lucrative than the lending business at the core of commercial banking,\u201d the New York Times noted in its account of the merger. Seventeen years and one financial crisis later, JPMorgan has reversed this order of profitability.  So Goldman is now trying to do the opposite of the old JPMorgan by adding banking to investment banking. JPMorgan\u2019s former dilemma has not gone away \u2014 lending to blue-chip companies is not much of a moneymaker. A more tempting target is the high margins that banks make on credit cards.  Hence Marcus, Goldman\u2019s online lender (named after its founder Marcus Goldman), which offers loans to prime US consumers as an alternative to credit card debt. Marcus, which will launch next year in the UK, accounts for $12bn of the $28bn in new lending and financing planned by Goldman in the next three years as it diversifies.  But it is no simpler for Goldman to break into Main Street than it was for the old JPMorgan to break back into Wall Street: $12bn on a balance sheet of $930bn is an interesting financial experiment, not a revolution. It would need to inflict on consumer banking with technology what Amazon did to the retail industry to rival fully JPMorgan and Bank of America.  \u201cWe\u2019re a bank and we\u2019re committed to being a bank,\u201d says one partner firmly. But selling personal loans and mortgages, which could be Marcus\u2019s next target, is not a job designed for masters of the universe. This is Goldman\u2019s identity crisis: regulation and economics are rendering it ordinary."}
{"_id": "198908", "title": "", "text": "you should see the amount spent on 2 rotations of troops at home to support the 1 rotation overseas, as well as the necessary infrastructure to support those troops, home and overseas, as well as all the equipment and maintenance of equipment that is included in that blackrock contract, as well as housing, meals, medical, medical for families, pensions, and long-term care afterwards. http://www.cbo.gov/ftpdocs/96xx/doc9688/MainText.3.1.shtml#1089499"}
{"_id": "198937", "title": "", "text": "i'd like to hear why anyone thinks that 0.1% of gold value or .01% of world money supply the the ultimate fair value of bitcoin.   There's no difference in $4500/btc vs $1000/btc.  its either worth 0% of the above metrics in a few years or 10%+"}
{"_id": "198945", "title": "", "text": "Prachi - While most non-resident aliens are not allowed to claim the standard deduction here are some exceptions: IRS Law under Article 21: ARTICLE 21 Payments Received by Students and Apprentices This falls under the U.S.A.-India Tax Treaty. Sources: I hope this helps. So, yes, I do believe you would be able to claim the standard deduction, although it's always good to check with a tax adviser."}
{"_id": "198948", "title": "", "text": "on a per capita average only 1 country spends more than us on bullshit and thats Saudi Arabia.... (look up per capita spending based on country) and I am sure their 30 million people spend alot, but the united states has 330 mindless consumers who spend the 2nd most amount per capita in the world, numbers a business like a fast food giant cannot ignore, especially since America is so fat and loves its burgers and soda."}
{"_id": "198953", "title": "", "text": "No argument there.  A few months prior it was a jewelry store, but November it was a place to sell off your gold.  It looked the same, but the business model shifted dramatically.    Yes, it's just an anecdote.  But there were tens of thousands of dollars worth of orders by many people in the days after.  I had just been hired to design and learn wax milling.  This trickled down very quickly to me just doing photography and ad design part time instead of a full time position at a liveable wage.  I got out of there as quickly as possible."}
{"_id": "198957", "title": "", "text": "I would add to this that, while everyone is right on trading, there are certain special situations you could look into that could turn a profit in a relatively short time frame (one month, say).   A recent example is Northstar Realty Finance (NRF). I bought in at $16.50 prior to a spinoff, sold half (the spinoff company) at $18.75 within a month, and the other half (the REIT) has since paid a 50 cent dividend and gone up to mid $18s as well within a total of just over 2 months. (This admittedly sounds like bragging, which isn't intended- I just want to give an example of a short term position resulting in a gain, and I don't know any off the top of my head except the one I did recently).   This isn't trading, but it is a short term position that would have turned a profit with $1800. I still wouldn't recommend it, considering commissions eats a sizable portion. But if you want to take short term positions, you don't need as much as you would to be a day trader.   I would read Seth Klarman's Margin of Safety, the sections on spinoffs and bankruptcy. They provide some useful information on some short term positions. However, also be aware that you should be willing to hold any short term position as a long term position if it does not immediately work out. By way of example, I believed NRF would go up post spinoff but the spinoff company stay the same. Instead, NRF stayed the same and the spinoff went up. But NRF was undervalued, so I held it for another month.   Just my advice. As far as learning goes- use play money. But if you never are going to have enough money to really trade with, hopefully my info on short-term positions is helpful."}
{"_id": "198971", "title": "", "text": "I agree with you on that. The larger the purchase the more important the CEO.  However, you are a looking at the CEO from a B2B perspective. I am trying to see the CEO from a B2C perspective. And I am also trying to identify which aspects of the CEO that are the most vital/prominent in the decision making process in a B2C situation."}
{"_id": "198996", "title": "", "text": "ok so greece and ireland- funding of the banks has added quite a bit of deficit over the past couple of years. this has been problematic, as countries become unwilling to ask for help to save the bank because of the poor public image that it carries - no politician wants to increase the deficit in favor of bank (expect americans ? LOL) additionally, it has a negative impact on economy (discussed below)  this year, ECB has agreed to allow direct recapitalization of banks.  This means that the Spanish Govt will not be responsible for bank funding when the bailout is established - thus reducing the impact on spain's economy. there will not be an increase in deficit when spanish banks are recapitalized  in the past, with ireland and greece, it was difficult because - countries had to implement austerity measure and accept funding to recapitalize bank. weakened balance sheet of troubled countries drove up the cost of money, making it more difficult to recapitalize the banks, which worked in a cycle. direct recapitalization has been implemented to limit this effect"}
{"_id": "199009", "title": "", "text": "Right, but the union as in favor of it when it passed.  It had the broad support of the democratic members of congress and the letter carriers union.  They didn't anticipate that the losses would be used as an excuse to kill the post-office.  Rather that just say that they are trying to re-write history."}
{"_id": "199012", "title": "", "text": "&gt; They can buy a jar and put coins in it.  because that's all there is to shooting a cover shot for a top-rated magazine, right?  Time buy a lot of stock. Companies buy stock out of convenience. If you wanted a pro photographer to photograph a jar of coins at sufficient quality for a high-end magazine cover, expect to pay in the region of $2-3000.  $30 is way too low, but if that's the price he asked, that's the price they're gonna pay. Nobody asks a vendor if you can pay him more than the stated price."}
{"_id": "199017", "title": "", "text": "Air Conditioners are very important in our life as it not only provides us cool air but also the fresh air that free from dust and pollution. So, before employing a repairing person, confirm that they are authorized, guaranteed and convey the required information and experience to benefit your Air Conditioner."}
{"_id": "199020", "title": "", "text": "\"It would be useful to forget about the initial price that you invested - that loss happened, it's over and irreversible, it's a sunk cost; and anchoring on it would only cause you to make worse decisions. Getting \"\"back\"\" from a loss is done exactly the same as growing an investment that didn't have such a loss. You have x units of stock that's currently priced $46.5 - that is your blank slate; you need to decide wether you should hold that stock (i.e., if $46.5 is undervalued and likely to increase) or it's likely to fall further and you should sell it.   The decision you make should be exactly the same as if you'd bought it a bit earlier for $40.\""}
{"_id": "199037", "title": "", "text": "Do some math. Figure out the net (after tax) money you'd have if you left it taxable, then look at the difference. In effect, you'd pay $X (the tax now) for $Y benefit (the tax on the full benefit not paid).  The math works similar to you buying a small policy on your own."}
{"_id": "199047", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Resource curse**](https://en.wikipedia.org/wiki/Resource%20curse): [](#sfw)   ---  &gt;The __resource curse__, also known as the __paradox of plenty__, refers to the [paradox](https://en.wikipedia.org/wiki/Paradox) that countries and regions with an abundance of [natural resources](https://en.wikipedia.org/wiki/Natural_resource), specifically point-source non-renewable resources like [minerals](https://en.wikipedia.org/wiki/Mineral) and [fuels](https://en.wikipedia.org/wiki/Fuel), tend to have less [economic growth](https://en.wikipedia.org/wiki/Economic_growth) and worse development outcomes than countries with fewer natural resources. This is hypothesized to happen for many different reasons, including a decline in the competitiveness of other economic sectors (caused by appreciation of the [real exchange rate](https://en.wikipedia.org/wiki/Real_exchange_rate) as resource revenues enter an economy, a phenomenon known as [Dutch disease](https://en.wikipedia.org/wiki/Dutch_disease)), volatility of revenues from the natural resource sector due to exposure to global commodity market swings, government mismanagement of resources, or weak, ineffectual, unstable or corrupt institutions (possibly due to the easily diverted actual or anticipated revenue stream from extractive activities).  &gt;====  &gt;[**Image**](https://i.imgur.com/Mwn9GmF.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Carson_Fall_Mt_Kinabalu.jpg)  ---  ^Interesting: [^Dutch ^disease](https://en.wikipedia.org/wiki/Dutch_disease) ^| [^Political ^corruption](https://en.wikipedia.org/wiki/Political_corruption) ^| [^Natural ^resource](https://en.wikipedia.org/wiki/Natural_resource) ^| [^Coltan](https://en.wikipedia.org/wiki/Coltan)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+ck4slm8) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+ck4slm8)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "199066", "title": "", "text": "Everything you said deserves about a million more upvotes.  On top of that, I've seen lots of GOOD, solid, could-be-successful funded companies go belly up because of micro-managing or forced hires/fires by their VC, which ripped apart the company, destroyed the product, lost customers, made everyone hate coming to work, etc.  Snatching defeat from the jaws of victory\u2026  Like anything else, you have to be extremely careful and extremely suspicious when you give control over your baby to somebody else. Sadly few would-be founders think of slow-dating, they'll just hop into a shotgun marriage with whoever waves the largest fistfuls of cash.  I wrote about this in re: cofounders, but the same applies to investors: http://unicornfree.com/2011/lets-cofound-a-baby/"}
{"_id": "199069", "title": "", "text": "I still use checks to pay rent and occasionally some bills/liabilities. That said, I did notice an (elderly) lady paying by check at the supermarket a while ago. So is it really common to get a paycheck in the sense that you get a piece of paper? Yes and no.  There are some people that opt for the physical paycheck.  Even if they do not, there is a pay stub which serves as a record of it.  My last employer went to online pay stubs and a bunch of us opted out, sticking with the good old paper in an envelope.  We sure were glad of that when there were technical issues and security concerns with the online service."}
{"_id": "199070", "title": "", "text": "Ng\u00e0y nay \u0111\u1ec3 ph\u1ee5c v\u1ee5 nhu c\u1ea7u \u0111\u1eddi s\u1ed1ng con ng\u01b0\u1eddi th\u00ec nh\u1eefng h\u00ecnh \u1ea3nh, m\u1eabu b\u1ebfp \u0111\u1eb9p ng\u00e0y c\u00e0ng \u0111a d\u1ea1ng nhi\u1ec1u h\u01a1n, v\u1edbi nh\u1eefng ki\u1ec3u d\u00e1ng ki\u1ebfn tr\u00fac kh\u00e1c nhau nh\u01b0ng chi ph\u00ed l\u00e0 kh\u00f4ng \u0111\u00e1ng k\u1ec3."}
{"_id": "199080", "title": "", "text": "\"It's astounding to me that the customers are so ignorant about the technology they enjoy that they would blame Netflix for the poor bitrate...I don't understand this whole \"\"cut the cable\"\" movement when you are still dependent on the cable company to be your broadband provider...It's all coming through the same pipe and the cable co. has a strangle grip on it.\""}
{"_id": "199084", "title": "", "text": "I have done this, and the reason is to make sure that I don't run out of money in my account to place the order if there is an unexpected upswing in price. Suppose I have $1000 in my account and I want to buy 10 shares of ABCD that are currently at $99.  If the price doesn't change, then I am all set, but if the price goes up to $101 then I don't have sufficient funds to make the purchase. By placing a limit order at $100 I can ensure that I have enough money to place the order. In general, it is a rather unlikely scenario that it could happen, but placing the limit order is easy to do and it gives me peace of mind. I don't know what you mean about bypassing the queue."}
{"_id": "199107", "title": "", "text": "Politicizing the hospitality industry might send a few more customers your way but I'm sure that some sort of anti-PC Hollywood version of a roadhouse / biker bar / casino / hotel that was semi-tasteful enough to attract tourists would be a safe bet."}
{"_id": "199127", "title": "", "text": "&gt;Bankruptcy is simply a financial tool inside our legal system, nothing more, nothing less.  So hypothetically, if I were a high net worth individual. I create a number of Corporations and put all my assets in them. I lease a car with Corp #2 - which I never have more than a few thousand $ in.  Have my House in Malibu in Corp#1  My place is Manhattan is in C#3  I am an employee of C#4, 5 and 6.  I crash my car into you and you are permanently disabled.  You can't work, you don't have much savings, lose your house or apartment.  As it turns out, there is no insurance on the car and the lease hasn't been paid in months.  You sue me.  No assets in Corp #1.  You sue me personally - yet on paper I don't own anything.  My personal net worth is effectively $0.  Assuming you can find an attorney to take this on - and you win in court and get a judgement against me.  I have no assets.  Nothing to take, nothing to garnish - nothing at all.  You on the other hand have bills piling up not to mention the $100's thousands in medical expenses.  You are ruined.  I am vacationing in the South of France.  Nothing unethical about that I guess.   *spelling miztaks"}
{"_id": "199133", "title": "", "text": "How should we disregard leverage when it's the leverage that creates the 'wipe-out' potential? If you simply convert 100K EUR to USDollars, you dollars might then fluctuate a few thousand, maybe even 10K over a year, but the guy that only put up 1000 EUR to do this has a disproportionally higher risk."}
{"_id": "199135", "title": "", "text": "There is no slack of money.  People who are saving their money don't have it stored under their mattress.  Instead they have it saved in a bank that is in turn being loaned out at the lowest rates in history.  All of this manipulation of the economy has finally caught up to us and the last thing we need is more manipulation.  We just have to let the bad investments and the misallocations weed out first.  I agree with you that it's a tough thing to endure in the short term but it will help us in the long term."}
{"_id": "199152", "title": "", "text": "Mind if I ask you a little bit about what you do? Such as: job title, what time you hit your desk, what a typical day schedule looks like, interactions with clients, relationships with superiors? I just graduated with a bachelor's in finance from DePaul in Chicago and am still looking for a job. No bluntwraps for me until I get my career haha"}
{"_id": "199153", "title": "", "text": "Haha no idea what your background is, if you took a semester of political science at liberal arts and now are the authority on arbitration clauses, but the Former NJ attorney general wasn't sure about this. But ya you totally know..."}
{"_id": "199173", "title": "", "text": "Yet, if you are wealthy enough to have already accumulated the bulk of your savings, they're going to treat your capital gains much more favorably than the wage income of the poor shlub who's still trying to make these contributions. I can't wait to see how they attempt to sell this to the average taxpayer."}
{"_id": "199181", "title": "", "text": "If you are a novice investor and want to diversify, I'd recommend looking into targeted mutual funds. They couldn't be easier. You just put your money in the fund with the year that you anticipating needing to take the money out and the fund manager handles diversification and adjusting the risk appropriately over the life of the fund based on the remaining time horizon. The only downside is that the annual expenses tend to be higher on these than if you just invested in the underlying securities/funds, but you are pretty much paying them to manage it for you."}
{"_id": "199196", "title": "", "text": "Yes, if you notice that 98% of your black employees like fried chicken it is still racist to say black people like fried chicken. What if you lived in NYC and been mugged five times. Each time was a black person. Would you still think it wasn't racist to say that black people are criminals?   Look, making a generalization about an entire race based on a few people (regardless of your personal experience) is racist. Very few stereotypes come completely from nowhere, Asians being good at math is a sterotype, but the fact is a large proportion of Asian countries focus a lot of effort on math education. But assuming someone who is Chinese is good at math because they are Chinese is racist. Because you're making an assumption about an individual based on nothing more than their race (this particular Chinese person might hate math, might have been raised in a country with poor math education, so on and so forth).  And this carries into sexism as well. Hiring women or not isn't what makes you a sexist. Assuming that because someone is a woman she will gossip or cause drama is what makes you a sexist."}
{"_id": "199199", "title": "", "text": "My dark age only ended about a year ago. Once I had bought a few mixed bags and sorted them I called my parents to ask them where the old collection ended up. Apparently they gave it all to my younger sister for her kids. Those two little kids have no idea how lucky they are to start out with a collection that big! Spoiled little brats! (I love them though.)"}
{"_id": "199206", "title": "", "text": "It's still the purchase price or the price at which the shares are purchased or granted. This Investopedia article describes how the price is used for tax purposes: The amount that must be declared [for tax purposes] is determined by subtracting the original purchase or exercise price of the stock (which may be zero) from the fair market value of the stock as of the date that the stock becomes fully vested. Restricted stock awards are similar to stock options. The employer promises to grant the employee a certain number of shares upon the completion of the vesting schedule. The price at which the shares are purchased (or granted, if the price is zero) is the exercise price."}
{"_id": "199233", "title": "", "text": "If all the land was created the price would fall out the bottom and all the farmers would go out of business.  That is why doing things like supporting corn based ethanol is smart as we then can let them grow it and not drop the price down."}
{"_id": "199237", "title": "", "text": "\"This is basically what financial advisers have been saying for years...that you should invest in higher risk securities when you are young and lower risk securities when you get older. However, despite the fact that this is taken as truth by so many financial professionals, financial economists have been unable to formulate a coherent theory that supports it.  By changing the preferences of their theoretical investors, they can get solutions like putting all your investments in a super safe asset until you get to a minimum survival level for retirement and then investing aggressively and many other solutions.  But for none of the typically assumed preferences does investing aggressively when young and becoming more conservative as you near retirement seem to be the solution.  I'm not saying there can be no such preferences, but the difficulty in finding them makes me think maybe this idea is not actually correct. Couple of problems with your intuition that you should think about: It's not clear that things \"\"average out\"\" over time.  If you lose a bunch of money in some asset, there's no reason to think that by holding that asset for a while you will make back what you lost--prices are not cyclical.  Moreover, doesn't your intuition implicitly suggest that you should transition out of risky securities as you get older...perhaps after having lost money? You can invest in safe assets (or even better, the tangency portfolio from your graph) and then lever up if you do want higher risk/return.  You don't need to change your allocation to risky assets (and it is suboptimal to do so--you want to move along the CAL, not the curve). The riskiness of your portfolio should generally coincide (negatively) with your risk-aversion.  When you are older and more certain about your life expectancy and your assets, are you exposed to more or less risks?  In many cases, less risks.  This means you would choose a more risky portfolio (because you are more sure you will have enough to live on until death even if your portfolio takes a dive). Your actual portfolio consists both of your investments and your human capital (the present value of your time and skills).  When you are young, the value of this capital changes significantly with market performance so you already have background risk.  Buying risky securities adds to that risk.  When you are old, your human capital is worth little, so your overall portfolio becomes less risky.  You might want to compensate by increasing the risk of your investments. EDIT: Note that this point may depend on how risky your human capital is (how likely it is that your wage or job prospects will change with the economy). Overall the answer to your question is not definitively known, but there is theoretical evidence that investing in risky securities when young isn't optimal. Having said that, most people do seem to invest in riskier securities when young and safer when they are older. I suspect this is because with life experience people become less optimistic as they get older, not because it is optimal to do so.  But I can't be sure.\""}
{"_id": "199248", "title": "", "text": "\"My advice: IMO, all things being somewhat equal, you should always try to retire debts as quickly as possible in most cases, so start with the small cases. The method of calculating credit card interest is written on the statement. Usually it is \"\"average daily balance method\"\". Don't sweat the details. Just pay the things off.\""}
{"_id": "199252", "title": "", "text": "By coming off as arrogant and indifferent to alternate viewpoints with good intention and a mass of intelligent people who study it?   It's like when I hear socialist arguments, I realize they are good intentioned and there are intelligent arguments, I just counter it with my own, not some me vs them bullshit."}
{"_id": "199253", "title": "", "text": "&gt;I would be really surprised if they didn't have more relatively short term debt as they were in the midst of a global freaking conflict, man.  What its spent on is a political decision and isn't relevant, except that its even less useful than how it might be spent today.  &gt;I just don't want to open the unlimited money taps without carefully considering how long we can leave them open  You are the only one saying that. Its a straw man.  &gt;If you're deciding whether or not to spend a crap ton of money you don't have, it helps if you haven't already spent a crap ton of money you don't have  The government is the issuer of the currency. It doesn't have it or not have it. It creates it. They've issued an ~~crap ton of money~~ amount that hasn't been clawed back through taxation and they can add to it if it suits them."}
{"_id": "199267", "title": "", "text": "This is part of the problem with states not being able to set import taxes.  Companies can shop around for better tax breaks with impunity.  Since an actual state tariff system would be unwieldy (as well as unconstitutional) the states need to figure out a better solution."}
{"_id": "199285", "title": "", "text": "It makes sense for a lot of people - it's basically weather insurance. It's useful for farmers (bad weather ruining a harvest), airlines (abnormally high amount of snowstorms increasing cost of delayed flights), hotels (rain making people visit less), ski resorts (not enough snow) and other businesses that can be negatively impacted by extreme weather variations.  If they systematically slightly overpay for this protection the speculator can make money on net helping these businesses reduce the volatility of their cashflows which is important because they need to pay their overhead costs every year.  Edit: The derivatives themselves also allows the people selling weather insurance to hedge their exposure on the market."}
{"_id": "199299", "title": "", "text": "\"I'd forget raises, as they're hard to predict. Figure in cost of living adjustment to keep pace with inflation, and recalculate if you get a raise. I don't think about it too hard. After I deposit my expected monthly expenditures in my checking account, the balance goes to savings, so any raises will go to savings unless I specifically alter my direct deposit settings. I have to make a conscious decision to inflate my lifestyle if I want to spend that money. Also, realize that \"\"matching your income\"\" is a bit overkill. Right now, part of that income is going to savings. If you spend 60% of your income now, why would you suddenly need the extra 40% when you retire?\""}
{"_id": "199310", "title": "", "text": "\"Law is a mass of special cases, informed by but not driven by some general principles. Tax law likewise. Don't try to make it make sense; you will only confuse yourself.  Not all \"\"necessities\"\" are deductable, only those which someone has explicitly passed a law to make deductable.\""}
{"_id": "199328", "title": "", "text": "Paypal is already forbidden from doing business with ISIS. When the government levies sanctions against a group or country, all companies based in that country are forbidden from doing business with that entity, and the penalties are strong enough that companies don't fuck around with that. PayPal hasn't handled business for ISIS in years."}
{"_id": "199354", "title": "", "text": "What I find hilarious about this is that the middle class thought they actually had that value in the first place.  Looks like the hood has been pulled off and they now realize 'oh wait you mean Im actually very poor'.  Yes, your house was not worth that much.  In fact its value may still be inflated.  This goes doubly true for the over extended and failing suburban sprawl 'experiment' that began in the 70s.  Its all been stolen b/c a generation wasnt taught about how money actually works.    Its sad but maybe now people will pay attention to politics and economics and do something about our disastrous policies."}
{"_id": "199362", "title": "", "text": "Sorry yes it's a state school. It's not online only. They offer online courses for their business degrees. I agree about a finance degree and honestly I'm more interested in that field, but the job prospects in my area aren't very good. On indeed jobs requiring finance degrees anywhere near me are a few dozen. Jobs with accounting degrees are in the hundreds. I'm 31. Married. Have a 1 year old and my wife is extremely close with her family and probably wouldn't want to move. I'm looking for financial security in a job I don't hate. My dilemma is that  all of my experience is sales with a financial background. I'm concerned I'll never be able to get out of that field without a bachelor's, but I'm not sure I can justify the expense. Thank you for all your help by the way."}
{"_id": "199397", "title": "", "text": "If my salary slip says that I will be paying x INR tax this financial year. Then how much minimum investment I need to do to avoid any tax? This rebate is not directly linked to investments. If your total Gross is less than Rs 5 lacs, from the total tax computed, you can claim a rebate of upto Rs 5000. Does salary slip considers this rebate amount? This depends on the company policy. Companies may already factor in the rebate and deduct less tax. However it is important to claim this when you file the Returns, else it would show up as excess tax. There is no provision in the company form 16 to show this. Further if your taxable income becomes more than Rs 5 lacs, due to say other income, you will not be eligible for this rebate and have to pay tax. Do I have to explicitly specify this claim under 87A in my ITR? Yes you have to. If you company has already factored this while deducting tax you will not get any refunds. If the company has not factored this, you will have to claim refund. If above is true, and x is not calculated by considering this rebate amount, As indicated, this is not directly linked to investments. Will this increment of tax rebate from 2000INR to 5000INR will be applicable immediately  This is applicable for financial year 2016-2017 for which you would be filing returns in 2017. Edit: If you say Gross salary is say Rs 6 lacs. If you invest 1.5 lacs in 80C. Your Net taxable income is Rs 4.5 lacs. The tax on 4.5 lacs Normal individual less than 60 years will be 10% of 2 lacs. i.e. Rs 20,000. You can then claim Rs 5000 as deduction under 87A and pay only Rs 15,000 [20000-15000]. If your Gross salary is say Rs 2.8 lacs. You don't do any investments, your Net taxable income is Rs 2.8 lacs. The tax would be Rs 3000. You can claim rebate under 87A and not pay any tax."}
{"_id": "199399", "title": "", "text": "What I'm saying is the thing to weigh the spending response against is the needs of the real economy. The optimum spending level is the one that sufficient to reach full employment in the present period and no, we're not at it.  It helps to always keep the other side of the ledger in mind. Government debt *is* non-government savings. Government deficits *are* non-government surpluses, [to the penny](http://i.imgur.com/2OpPBuI.png)."}
{"_id": "199401", "title": "", "text": "Focus more on asking him questions about his job and industry so he can tell it is something you're interested in. Dazzle him with your deep questions and he will get a good first impression of you. If he doesn't offer you a job on the spot, send a thank you email and drop a hit that you're in the market for a job."}
{"_id": "199409", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/science/political-science/2017/jul/21/concorde-was-the-flying-brexit-a-different-era-but-the-same-mistakes?CMP=Share_AndroidApp_reddit_is_fun) reduced by 90%. (I'm a bot) ***** &gt; Concorde, the fastest lame duck ever built, was a flying Brexit.  &gt; What did politicians say about Concorde? Well, Concorde was not only going to bring supersonic speed to civil air travel, but also ensure that Britain could capture a crucial new export market and create a world-beating aviation industry in the coming supersonic revolution.  &gt; As secretary of state for industry, Tony Benn revealed to parliament in 1974 that Britain would not recover any of the &amp;pound;600m that the government spent on Concorde.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6opnmm/concorde_a_different_era_but_the_same_mistakes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172326 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Concorde**^#1 **Britain**^#2 **government**^#3 **project**^#4 **cost**^#5\""}
{"_id": "199418", "title": "", "text": "This is complete bs. Other countries already have the kiosks and have had them for awhile now. In case you didn't know, mcdonald's has been failing for quite some time. The adding to of the 24hr breakfast helped them out a bit, but they are still struggling with sales. There best bet to please the shareholders is to get rid of a percentage of the work force, and replace them with a kiosk. It's all about turning a profit, and the minimum wage going up has nothing to do with their declining sales."}
{"_id": "199427", "title": "", "text": "- This is a simple solution because you don't have to monitor a person's trades over time, or even their frequency. Implementing this in the modern computer exchanges seems trivial to me. Asking an exchange to monitor each trader's trades to ensure no HFTs seems full of loopholes (ask a computer to execute HFTs across multiple trader IDs, for example), and I think is a distraction suggestion.  - The reason that I think these taxes don't get implented is, as ChaosMotor correctly states, these taxes empower the government, which is something that a lot of political players (republicans, libertarians, and anarchists) don't want. I have always wondered what would happen if these fees were imposed by the government, implemented by the exchanges, but all money went to, say, the American Red Cross. I think that that would be a pretty good idea.  - Finally, I also want to mention that the government plays a large role in markets already. For example, enforcing contracts, managing bankrupcties, and preventing fraud are all things that the government does to ensure that markets work well. This is another simple thing the the government can do to reduce market uncertainty and make our financial markets work better."}
{"_id": "199429", "title": "", "text": "&gt; Costco choose to employ less ppl with higher pay but the trade off is that they hire less ppl.   Is this an assumption or fact? I don't imagine that any company hires more people than they absolutely need, and it's hard to believe they can get the same work done with less people even if they paid them less."}
{"_id": "199464", "title": "", "text": "Lather doesn't mean products are cleaning. Bubbling agents are added to make it appear like they're cleaning. Sometime in the history of us products, bubbles came to be seen as a sign that the product is working, even though it's not doing shit. Just fyi."}
{"_id": "199467", "title": "", "text": "The safest place to put money is a mixture of cash, local municipal bond funds with average durations under two years and US Treasury bond funds with short durations.  Examples of good short term US municipal funds: I'm not an active investor in Australian securities, so I won't recommend anything specific. Because rates are so low right now, you want a short duration (ie. funds where the average bond matures in < 2 years) fund to protect against increased rates. The problem with safety is that you won't make any money. If your goal to grow the value of your investment while minimizing risk, you need to look at equities. The portfolios posted by justkt are a great place to start."}
{"_id": "199470", "title": "", "text": "How to get paid to take a trip to the grocery store:  Step 1: become an Amazon fresh driver  Step 2: get people in your neighborhood to sign up for and use amazon fresh  Step 3: go to a fresh grocery store/whole foods with Amazon's curbside delivery and let them load up your car with groceries for your entire neighborhood  Step 4: deliver groceries  Step 5: wait for that sweet Amazon payment"}
{"_id": "199492", "title": "", "text": "ODE is a math class, why would you need Physics for it? If anything taking ODE before Physics may help you understand whats going on behind some of the formulas you'll have to work with.   The only time physics might be helpful in ODE is when you are modeling things like springs with differential equations. Knowing the basics of Hooke's law would make it easier to understand I guess. That's a really small part of ODE though."}
{"_id": "199493", "title": "", "text": "Let's say that you want to invest in the stock market.  Choosing and investing in only one stock is risky.  You can lower your risk by diversifying, or investing in lots of different stocks.  However, you have some problems with this:  When you buy stocks directly, you have to buy whole shares, and you don't have enough money to buy even one whole share of all the stocks you want to invest in. You aren't even sure which stocks you should buy. A mutual fund solves both of these problems.  You get together with other investors and pool your money together to buy a group of stocks.  That way, your investment is diversified in lots of different stocks without having to have enough money to buy whole shares of each one.  And the mutual fund has a manager that chooses which stocks the fund will invest in, so you don't have to pick. There are lots of mutual funds to choose from, with as many different objectives as you can imagine.  Some invest in large companies, others small; some invest in a certain sector of companies (utilities or health care, for example), some invest in stocks that pay a dividend, others are focused on growth.  Some funds don't invest in stocks at all; they might invest in bonds, real estate, or precious metals.  Some funds are actively managed, where the manager actively buys and sells different stocks in the fund continuously (and takes a fee for his services), and others simply invest in a list of stocks and rarely buy or sell (these are called index funds). To answer your question, yes, the JPMorgan Emerging Markets Equity Fund is a mutual fund.  It is an actively-managed stock mutual fund that attempts to invest in growing companies that do business in countries with rapidly developing economies."}
{"_id": "199499", "title": "", "text": "Do NOT put any money into this.  Any flying car has to be 100% autonomous. There is no way an owner will ever be permitted to control the thing.  And, that can never happen until totally autonomous road cars have been in use for several years, and proven themselves beyond a shadow of a doubt.  These are the facts."}
{"_id": "199503", "title": "", "text": "\"no, good questions my friend.  when did you do this rollover? if it was this year, your firm should have forms that you can fill out to \"\"undo\"\" the roth conversion - only earnings on your investments will be taxed, and everything gets rolled over to a traditional IRA. not fun for tax filing but...  you can also leave them as is and pay the taxes (usually only a good option if it's a low income year for the filer).  i would consult your tax advisor regardless in this situation.\""}
{"_id": "199508", "title": "", "text": "This may not answer your question but it may be an alternative. My credit union credits my account for deposits immediately (ones I make in an envelope).  They view it as a service to their members.  They take the risk that the member could deposit an empty envelope, say they deposited $400, and then withdraw the money. There may be banks in your country that do business this way."}
{"_id": "199509", "title": "", "text": "\"You're making an Ad Hominem attack.  Is Bezos being hypocritical?  Of course.  Regardless, his message has merit.  It's like one heroin addict saying to another, \"\"man you should really get off heroin this shit will kill you\"\".  The argument has weight regardless who it's coming from.\""}
{"_id": "199517", "title": "", "text": "Not true, Tesla opened its patent book long ago for anyone to use.    https://www.tesla.com/blog/all-our-patent-are-belong-you  Amazing how all of you are looking at Tesla like it's GM, when Musk has said it's the opposite.  It's a movement masquerading as a company.  His goal is not limited to the success of Tesla, but all EVs."}
{"_id": "199525", "title": "", "text": "Okay that makes sense, but even if you accept that, I don't see how that's the same as Moviepass. If people start going to the gym a lot more, PF can buy more equipment and facility space. It would be expensive, but their costs wouldn't rise dollar for dollar with the increase in usage. With Moviepass, they are paying the full ticket price for each movie that a customer wants to see; that means for each customer that sees more than one movie a month, they can't make a profit just from the subscription fee on that customer. Their costs rise in direct proportion to use,   I consider some of those costs more fixed than variable though. The labor and equipment costs don't rise in direct proportion to the number of people who go to the gym. Sure, if the attendees jumped 30% they would likely need to buy more equipment but they aren't changing their labor or equipment costs for each person that comes in. It's fixed within a certain level of activity, and only becomes variable if the level of activity changes beyond that threshold."}
{"_id": "199527", "title": "", "text": "Developing self-discipline in his spending habits is a prerequisite for dealing with a (sometimes low) variable income.  While it might feel like a roller coaster ride going from boom to bust, develop steady frugal spending habits will ease a lot of that pressure."}
{"_id": "199544", "title": "", "text": "Is that basically it? Trading off between withdrawing-anytime vs paying-capital-gain-tax? No. Another significant factor is dividends. In an IRA they incur no immediate tax and can be reinvested. This causes the account value to compound over the years. Historically, this compounding of dividends provides about half of the total return on investments. In a non-IRA account you have to pay taxes each year on all dividends received, whether you reinvest them or not. So outside of an IRA you have a tax drag on both capital gains and dividends."}
{"_id": "199559", "title": "", "text": "Yahoo's share price more than tripled under her watch. ($15.45 in July 2012 when she joined, $54.02 when she left). Contrast that to the previous 5 years where it was cut in half ($31 to $15 between 2007 and 2012). You have to go back 17 years to 2000 to find Yahoo being at the $50+ mark again.  Microsoft has only doubled in the last 5 years, Google is up 3.5x which is slightly behind Yahoo as well.   Say what you want, but to stockholders, she has been good."}
{"_id": "199568", "title": "", "text": "The 2012 return was due 4/15/2013 (I'm assuming it didn't fall on a weekend). No late filing penalty if there was no tax due, but he has until 4/15/2016 to file for a refund or to document anything that should have carried forward."}
{"_id": "199572", "title": "", "text": "posted this over in the thread about this on /r/investing:   &gt; And again, Amazon is already ahead of the curve because they've been building their own shipping and logistics capabilities. I live near several amazon warehouses, and their private trucks are everywhere. [They are also building their own fleet of jets](http://time.com/4440542/amazon-one-airplane-fedex-ups/)"}
{"_id": "199578", "title": "", "text": "Check out the questions about why stock prices are what they are. In a nutshell, a stock's value is based on the future prospects of the company. Generally speaking, if a growth company is paying a dividend, that payment is going to negatively affect the growth of the business. The smart move is to re-invest that capital and make more money. As a shareholder, you are compensated by a rising stock price. When a stock isn't growing quickly, a dividend is a better way for a stockholder to realize value. If a gas and electric company makes a billion dollars, investing that money back into the company is not going to yield a large return. And since those types of companies don't really grow too much, the stocks typically trade in a range and don't see the type of appreciation that a growth stock will. So it makes sense to pay out the dividend to the shareholders."}
{"_id": "199593", "title": "", "text": "\"It starts here -  You said you are a high earner, but high is relative. This tax table will show what marginal rate you have for your taxable income. Look at your 2015 return to get a better idea what \"\"taxable\"\" means, vs gross income. For starters, with a standard deduction, and just the two of you, $20K comes off your gross. Even so, let's assume you are in the marginal 25% bracket.  The W4 form does offer instructions on how to calculate how much extra to withhold, but, to your point (and brilliant criticism of the process) withholding is not available as a percent, only as normal withholding, i.e. if spouse's income were a flat, predictable number, or as an extra, fixed, number, per check.  You shared with us in your other question she expects to earn $7K-$15K. The average of these 2 numbers is $11K, which at 25%, is $2750. I'd divide that over the number of checks remaining this year (20?) and just withhold that much extra. Use your tax software from last year or an online calculator and in 3 months, see if you are on track. You can adjust the W4 any time to get as close to the actual total year tax due as you'd like. My answer focuses on the 'adjust repeatedly,' part of keshlam's own answer. His quarterly payments suggestion also works and you might prefer it. In general, mine would only take 1-2 adjustments per year at most.  If you withhold too much, as most people seem to do, you'll get it back when you file. But, worst case, you withhold $3750 and she makes just $8000. This is $1750 too much. The average refund is over $3000. Too little, and mhoran's answer explains when you'd owe a penalty.\""}
{"_id": "199598", "title": "", "text": "First you have to understand that insurance is basically a social system, just with Shareholders. Insurance costs consist of 3 factors: Now, to encourage a low-risk behavior a separating factor is search in the vast amount of statistical data. Drivers experience, miles and type of car being the most common, but also other things like oldtimer-status etc. are possible. If it so happens that the 3-5000 miles driver do only in average have 80% of the damage-costs of a comparable group 5-8000 miles driver, you\u00b4ll get the 20% bonus on factor 1.  So the answer is, it is not overpriced, there is just no linear relationship to mileage. You can\u00b4t divide your insureds in too many groups or you\u00b4ll miss the mutual aspect of insurance. If everybody just pays his own risk, he can just do so in his bank and save on overhead and profit."}
{"_id": "199600", "title": "", "text": "Also, you need to figure out what sort of comparable data to use that would be best. Meaning, will you have to use just call report data or are there some publicly traded banks your size that would be good matches? I assume you'll have plenty of publicly traded companies to use. I would suggest listening to the latest earnings calls too. The analysts that asks questions of the CEOor cfo are focusing on meaningful topics that might give you ideas. For example, they may ask about energy concentrations or other issues that are meaningful in today's environment."}
{"_id": "199617", "title": "", "text": "There is no document that I know of that stipulates otherwise. This can also be corroborated by the fact that RESP withdrawals are considered as income in the name of the student. Thus, so long as the student pays tuition and receives a T2202A slip from the educational institution, they should be able to claim tuition, education, and textbook amounts."}
{"_id": "199624", "title": "", "text": "\"Because cities are expensive as fuck.  I always here my peers complaining about not being able to afford housing and whatnot.   Here I am, 23, and the owner of a nice little 3 bedroom house. Just move somewhere smaller.  My city is about 40k pop. And it's only a 45 minute drive to the center of the closest major city, and there are plenty of \"\"suburbs\"\" even closer with good job markets.\""}
{"_id": "199633", "title": "", "text": "Stupid Trump gave it to them in exchange for NOTHING!  The requirements were always voluntary and could have been modified without consequence without withdrawal.  Withdrawal achieves nothing, but cedes US leadership on climate/renewable energy to China. What a great deal maker... SAD"}
{"_id": "199634", "title": "", "text": "Like-kind of exchanges have a list of requirements. The IRS has not issued formal guidance in the matter. I recommend to be aggressive and claim the exchange, while justifying it with a good analogy to prove good faith (and persuade the IRS official reading it the risk of losing in tax court would be to high). Worst case the IRS will attempt to reject the exchange, at which point you could still pony up to get rid of the problem, interest being the only real risk. For example: Past tax court rulings have stated that collectable gold coins are not like kind to gold bars, and unlike silver coins, but investment grade gold coins are like kind to gold bars. So you could use a justification like this: I hold Bitcoin to be like-kind to Litecoin, because they use the same fundamental technology with just a tweak in the math, as if exchanging different grades of gold bars, which has been approved by tax court ruling #xxxxx. Note that it doesn't matter whether any of this actually makes sense, it just has be reasonable enough for you to believe, and look like it is not worth pursuing to an overworked IRS official glancing at it. I haven't tried this yet, so up to now this is a guess, but it's a good enough guess in my estimation that I will be using it on some rather significant amounts next year."}
{"_id": "199642", "title": "", "text": "By coincidence, I entered this position today. Ignore the stock itself, I am not recommending a particular stock, just looking at a strategy. The covered call.  For this stock trading at $7.47, I am able, by selling an in-the-money call to be out of pocket $5.87/sh, and am obliged to let it go for $7.00 a year from now. A 19% return as long as the stock doesn't drop more than 6% over that time. The chart below shows maximum profit, and my loss starts if the stock trades 21% below current price.  The risk is shifted a bit, but in return, I give up potential higher gains. The guy that paid $1.60 could triple his money if the stocks goes to $12, for example. In a flat market, this strategy can provide relatively high returns compared to holding only stocks."}
{"_id": "199644", "title": "", "text": "The real problem with bean counters is a lacking of planning and accountability.  If those two things are managed well, then most of these issues go away.  Instead, what too often happens is that finances are cut and the individual contributors take the brunt of the consequences."}
{"_id": "199648", "title": "", "text": "A real estate contract is a form of seller financing. It is similar to a mortgage, but rather than borrowing money from a lender or bank to buy real estate, the buyer makes payments to the real estate owned, or seller, until the purchase price is paid in full. If you want to real estate purchase and sale contracts, then you can visit our office. We can provide the best deal of the real estate contact."}
{"_id": "199656", "title": "", "text": "As a manufacturing and facilities engineer, I might be able to provide some insight.    It's one thing to have the technology.  It's another to make a business case for implementing the new technology.  Factories are big expensive things.  They take a long time to pay for themselves (generally).  The switch from steam to electric power, as the article pointed out, required a completely new approach to facility design.  This isn't something that happens overnight.  For most companies and most applications, the business case would indicate that you run with the old technology until you need to replace, then you replace with the new technology.  This delays your spend and allows you to get better ROI on the existing facility.    If the change to electricity only effected the local manufacturing cells within the plant, we would've seen its implementation much faster.  That wasn't the case.  The only way to run it efficiently is to build an entirely new facility.  It's a lot easier, and quicker, to turn a jet ski than it is to turn an oil tanker (just ask the USS John McCain!  :-P)."}
{"_id": "199657", "title": "", "text": "It was the owner managing reservations. He just had a scrap of paper with scribbles on it.  Deserting plans was tougher when I was in college. Going out for a nicer dinner was a bigger deal.  Today it wouldn't be as big a deal to just bail."}
{"_id": "199672", "title": "", "text": "Allowing others to share access to your Bank Account; i.e. giving then the login id and password has its risks;"}
{"_id": "199701", "title": "", "text": "\"To do all of those things we need people in office substantially different than them there now. At first I read that as\"\" decartesianization\"\" and was about to ask about your far out philosophy and/or new metalanguage for drafting the new world's blueprints, hah! Yes, I think I mostly agree with your list of good changes. Labor absolutely needs to be upheld. Less emphasis on money systems in general, and ensuring we use it benevolently. I think the r&amp;d we need to be doing is more in line with nature and focused on preserving and using what the world can comfortably produce and maintain--forests have some pretty wild materials science going on already, do we really need to keep thinking in terms of plastics and electronics? Maybe, maybe not. I don't think the real answers are in technology the way we've used it so far. Maybe I am reading it incorrectly. If you're going to talk about arduino saving the world I guess I'd like to have that convo, but darpa and mit kinda freak me out with how amoral they seem sometimes.   Those changes and revivals you suggest require us thinking more from the heart, being fiercely compassionate and willing to risk much personally if they are to last or be meaningful. Who can do such a thing these days? Where do you suppose these things begin?   I have encountered the phrase you hyperlink before. It really struck me! I thought back to moments earlier in my life when I made a decision based on the thought of that million dollar inevitability. But to still cling to that in this day and age requires a courageous ignorance anymore. I almost admire the people who are still able to believe in it, I admire the power of their faith. Dick cheney is a hero for america whether america likes it or not because he does so much to keep the momentum of the machine going--if the reality of the world without those systems is too scary then dick cheney is a hero for that person, for that person's tacit participation in it or fear of figuring out what that means for them. It removes the experiencing of huge parts of life. Compounded with the quality of food, water, air required to keep everyone in an air conditioned office of amoral consumption industries, I think the back being sore from digging and herding is worth more than carpal tunnel syndrome and fucked feet/legs from the desk. And remember to roll a tennis ball under your feet for a few mins every day to stretch your fascia! It tickles! Thank you very much.\""}
{"_id": "199706", "title": "", "text": "I'm expecting the opposite problem.  We're going on a long road trip around the west.  Reserved a Mitsubishi Mirage or similar.  I'm fully expecting them to come back with a Ford Explorer all thrilled to tell me they had to upgrade me because all their sub compacts are gone.  I do not want to take a truck on a 2000+ miles road trip.  The difference in MPG becomes very significant with those kinds of miles.  Counter point, we got married in a city with a very small airport.  Expected to get an upgrade because they never had the tiny low-end cars... except for that weekend.  Drove around a Kia Rio all wedding weekend."}
{"_id": "199731", "title": "", "text": "I don't buy it.  Certainly they could have looked at the underlying mortgages, and if you going to be buying $billions of these things, even a cursory spot check would have revealed big issues.  All these bastards were in it together: banks, ratings agencies, and government entities.  No one wanted the party to stop; indeed each of those three groups had vested interests in keeping the party going."}
{"_id": "199736", "title": "", "text": "\"Still at it there, eh Richard, you troll. Why is it that you now have to resort to spamming every possible venue you can find? No need to answer as that was a rhetorical question.  The reason he is spamming reddit is because hundreds of his former \"\"clients\"\" are out tens of thousands of dollars and his already garbage reputation is now completely trashed.  It's only a matter of time before his past catches up to him. Karma is a bitch, Richard, and you've got a lot of it coming your way.\""}
{"_id": "199746", "title": "", "text": "Taxes are part of the social contract. Deal with it. Or move to Somalia. Also, capital (aka, the rich) continues to capture more and more income and wealth, while labor stagnates. Interestingly, this correlates with our economic stagnation. Could be something to that."}
{"_id": "199751", "title": "", "text": "that index fund providers don\u2019t have incentive to push companies to change for the better and create shareholder value.      And yet we see countless share buybacks. Dividend yield on the S&amp;P that has been rising since the year 2000.      I don't buy the argument of it's devouring capitalism...I do however buy the argument it is helping distort the market, as mentioned with shorting/negative positions."}
{"_id": "199755", "title": "", "text": "\"Typically I'll carry the charge for quite awhile, up to a year.  If it hasn't cleared by then, I contact the institution that should have received the money to see what they want to do about it.  If they tell me not to worry about it, then I change the payee to be \"\"Overdraft Protection\"\", and consider it as having been spent.  That way I build up (slowly) a cushion in my checking account.\""}
{"_id": "199757", "title": "", "text": "Immersing in hydrotherapy can also improve joint health by lessening inflammation and pain, and improving flexibility through an increase in blood flow. It has also been found to reduce the effect of the sympathetic nervous system which is related to harmful stress."}
{"_id": "199785", "title": "", "text": "Government's tax citizens and businesses in their currency. Earnings (even earnings in cryptocurrencies) are taxable income."}
{"_id": "199789", "title": "", "text": "The money was sent from my US bank to my father in India Your father can receive unlimited amount of money as GIFT from you. There is no tax implication on this transaction. Related question After 3 years, my father received a note from the income tax dept. asking him to pay income taxes. Possibly because the income does not match and there maybe high value transactions. This should be replied preferably with the help of CA. Now, the CA is asking him to pay tax in the money I transferred. Is that correct? This is incorrect. Please change the CA and get someone competent. If not, what should I or he do in this case? Get guidance from another CA. Your father can establish that this was convenience and show evidence of transfer from you [need bank statements from your bank and Indian bank]. Property registration payments receipts, etc. Or he can also show this as Gift. If required get a gift deed created."}
{"_id": "199808", "title": "", "text": "If your counterparty sent money to a correspondent account at another bank, then it is completely up to the other bank what to do with the money. If the wire transfer completed, then the account is not closed. If I were your business partner, I would immediately contact the bank to which the transfer was made and explain the situation and hopefully they will transfer the money back. Whenever a wire transfer is made, the recipients name, address, and account number are included. If that name, address and account do not belong to you, then you have a problem because you have no legal right to the money in a court of law. For this reason, you should be avoid any situation where you are wiring money to anyone except the intended recipient."}
{"_id": "199818", "title": "", "text": "Are you Looking for Polyurethane Sheet Manufacturers in Australia? Polynyl Plastics offer quality and value for your money, they manufacture a different range of sheet sizes to suit your requirements. There are many advantages of using polyurethane sheets like Electrical properties, Environment Stability, Flexibility, Cost-effective process and Wide resiliency range."}
{"_id": "199853", "title": "", "text": "&gt; Back when I was in college, the best peripheral hardware you could buy (mice, keyboards, headsets, even at one point cordless telephones) were Microsoft products. I still think the Microsoft Natural keyboard was genius and ahead of its time.  I use a Microsoft natural keyboard and Microsoft wireless mouse with my Mac Pro and wouldn't have it any other way."}
{"_id": "199868", "title": "", "text": "\"Are IP rights Intellectual Property rights?  What do you mean by the thunderdome for inventors without government created monopolies?   I've tried to google, but the answer eludes me. Would you elaborate on how \"\"rolling back IP protection to compete,\"\" works?\""}
{"_id": "199897", "title": "", "text": "I show you the evidence and you ignore it and act like you know better.   You don\u2019t know better.  If you want to act like child then I\u2019ll treat you like one.  If you want to stay ignorant then get out of politics.    It\u2019s not my job to inform you.  You should be able to do that yourself, and if you can\u2019t then you should stop acting like you can participate.    You don\u2019t know what you\u2019re talking about.  You can\u2019t participate in the conversation.  The only thing you know how to do is deny and ignore inconvenient information.     It\u2019s your job not to be a retard, it\u2019s not my job to help you.  I don\u2019t want to waste more of my time talking to ignorant trumptards because having a conversation with you idiots is like talking to a brick wall."}
{"_id": "199911", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.usatoday.com/story/opinion/2017/09/29/ending-net-neutrality-will-end-internet-we-know-steve-wozniak-michael-copps-column/704861001/) reduced by 84%. (I'm a bot) ***** &gt; With the Internet&amp;#039;s future as a platform for innovation and democratic discourse on the line, a coalition of grassroots and diverse groups joined with technology firms to insist that the FCC maintain its 2015 open internet rules.  &gt; One of us is the inventor of the personal computer, and the other a former commissioner at the FCC. We come from different walks of life, but each of us recognizes that the FCC is considering action that could end the internet as we know it - a dynamic platform for entrepreneurship, jobs, education, and free expression.  &gt; If Pai&amp;#039;s majority permits fast lanes for the biggest internet service providers, companies could speed up or slow down the sites and services they prefer.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73gffz/ending_net_neutrality_will_end_internet_as_we/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219662 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **lane**^#1 **internet**^#2 **service**^#3 **fast**^#4 **FCC**^#5\""}
{"_id": "199917", "title": "", "text": "\"In some cases, when a company purchases a minor stake, they often intend to increase the size of the stake over time. As a reference, note that Coca Cola has increased their stake in Green Mountain Coffee Roasters (GMCR) over time. It also adds some \"\"support\"\" to the price because these investors may be willing to step in and purchase the stock if there is any distress or poor performance. Finally, its generally a good \"\"tell\"\" that the stock has good things going for it and may be subject to additional interest from large investors.\""}
{"_id": "199921", "title": "", "text": "This time it's different  It's not.  The market is overvalued but not by ahistoric levels, repatriation of US Corporate funds thanks to the Trump tax plan could easily drive markets higher 20-30%.  Correction is a probable occurance in the next few years, probably driven by Central banks getting too overzealous with returning to normal interest rate levels."}
{"_id": "199937", "title": "", "text": "A lack of trust in the regulator can also stop everyone trading.   If you don\u2019t believe the bank notes you are getting paid with are real, why do any work?"}
{"_id": "199966", "title": "", "text": "\"Yes, selling premium is just selling options. It's usually used to talk about out-of-the-money options without coverage from underlying securities which you expect to expire worthless. More \"\"sophisticated\"\" ways to sell premium would include selling options strangles or straddles which allow you to sell more premium if you have more specific beliefs about the price action.\""}
{"_id": "199970", "title": "", "text": "Definitely not.  You are too young.  Let me explain: Your money will be locked up for at least 40 years, and you will have to navigate some really quirky and trap-laden rules in order to get money for simple things.  Let's say you want to buy a house.  You won't be able to leverage the 401K for that.  College Tuition?  Limits. Your money is locked in and you may get some match, but that assumes your smartest decision at your age is to save money for retirement.  At your age, you should be investing in your career, and that requires cash at hand.  If you want to withdraw early you pay more of a penalty than just the tax rate.   Put differently: investing in your human capital, at a young age, can yield stronger results than just squirreling money.  I'd say don't worry until you are 30. BTW: I'm 24 now.  I used to save money in a 401K for a few months, before I understood the rules.  Since then, I decided against 401K and just saved the money in a bank.  After a few years, I had enough to start my business :)  the 401K couldn't give me that opportunity. Further Explanation: I am in the NYC area.  Many of my friends and I had to decide between living in manhattan or choosing to live in the outer boroughs or NJ.  One thing I noticed was that, while the people in manhattan were burning much more money (to the tune of 1500 per month), they were actually much more productive and were promoted more often.  Having lived in brooklyn and in manhattan, even though it is less expensive, you actually lose at least an hour a day thanks to the commute (and have to deal with crap like the 6 train).  Personally, after moving in, I invested the extra time in myself (i.e. sleeping more, working longer hours, side projects).  Now, when all is said and done, the people who decided to invest in themselves in the short term are financially more secure (both job-wise and economically, thanks to a few bonus cycles) than those who decided to save on rent and put it in a 401K. As far as the traps are concerned, my dad tried to take out a student loan and was denied thanks to a Vanguard quirk which didnt allow more than 50K to be borrowed (even though the account had over 500K to begin with)."}
{"_id": "199971", "title": "", "text": "\"For me, the emergency fund is meant to cover unexpected, but necessary expenses that I didn't budget for.  The emergency fund allows me to pay for these things without going into debt. Let's say that my car breaks down, and I don't have any money in my budget for fixing it.  I really need to get my car fixed, so I spend the money from my emergency fund. However, cars break down periodically.  If I was doing a better job with my budget, I would allocate some money each month into a \"\"car repair/maintenance\"\" category. (In fact, I actually do this.)  With my budgeting software, I can look at how much I've spent on car repairs over the last year, and budget a monthly amount for car repair expenses.  Even if I do this, I might end up short if I am unlucky.  Emergency fund to the rescue! If I'm budgeting correctly, I don't pay any regular bills out of this fund, as those are expected expenses.  Car insurance, life insurance, and property tax are all bills that come on a regular basis, and I set aside money for each of these each month so that when the bill comes, I have the money ready to go. The recommended size of an emergency fund is usually listed as \"\"3 to 6 months of expenses.\"\"  However, that is just a rough guideline.  As you get better with your budget, you might find that you have a lower probability of needing it, and you can let your emergency fund fall to the lower end of the guideline range.  The size of my own emergency fund is on the lower end of this scale. And if I have a true crisis (i.e. extended unemployment, severe family medical event), I can \"\"rob\"\" one of my other savings funds, such as my car replacement fund, vacation fund, etc. Don't be afraid to spend your emergency fund money if you need it.  If you have an unexpected, necessary expense that you have not budgeted for, use the emergency fund money.  However, your goal should be to get to the point where you never have to use it, because you have adequately accounted for all of the expenses that you can reasonably expect to have in the future.\""}
{"_id": "199980", "title": "", "text": "Thats not quite as bad. The execs would get charged individually for dumping the stocks. In Anderson's case, the company itself was facing criminal charges. The worst case for Anderson was a corporate death penalty, being unable to submit financial documents to the SEC. Worst case for Equifax is that they pay out a large settlement and some execs get fired. Its not going to kill the company though.   It seems like a very different situation to me. But hey, I bought a few shares when it dropped to 92 bucks, so maybe I am biased."}
{"_id": "199984", "title": "", "text": "Apparently this stuff is through Amway, which screws all of the little guys over to help make somebody else a bunch of money. It's a load of bs you don't want to get involved with. Glad I found that out."}
{"_id": "200006", "title": "", "text": "Oh I grant you the success of finally fooling the world into thinking that the value of paper money is what ever the fuck you feel like, but the federal reserve is about to be gutted and the world realizes that Jews in control of money and the economy is not only unsustainable, but just down right suicidal.  The Germans realized that after the Jews screwed over their entire way of life and hence the rise of the Nazi Party.  In fact thats why Jesus was on about, so everybody has hated the Jews pretty much since the beginning.  Now America is economically gutted, Jews sit in control of the Fed and the Treasury, of the Major banks and have infiltrated the white house and even entered the Presidents lilly white daughter, while America is on food stamps wondering where the fuck did it all go.  The hilarious part is you are all broke, all this debt and balance sheet tricks is all bullshit and everybody now knows it, this funny money stock market and these large banks are all a matter of perception and suspension of disbelief.  Mark to Market bitches  The whole world is just nauseated by you perpetual caterwauling about the holocaust and Iran and Muslims and Christians and soon reaching the point they will give some one a nuclear bomb to drop on you just for some fucking peace and quite.  Bad news for you, is America is waking up and the mere fact that we are still having this conversation and  I am able to tell you the truth is a good warning for you  Time is fast running out"}
{"_id": "200023", "title": "", "text": "If you do business under your name, you don't need to register your business.  Your business will be treated as a sole proprietorship.  If your revenue exceeds 30,000 (or wish to collect GST for the government) then you will have to register with the CRA for a GST account, but that is free."}
{"_id": "200036", "title": "", "text": "Oh really?  Did you have proof that those were their goals, or are you just overlaying the party line on the decisions, because that\u2019s what others told you?  Because I don\u2019t recall our government being socialist or touted as socialist at any point in history.  But that is the narrative they are selling now.  Edited for grammar."}
{"_id": "200052", "title": "", "text": "\"There are discount brokers which charge lower fees, which ones are accessible to you will depend on your country. Here's a list for the USA: https://the-international-investor.com/comparison-tables/online-discount-stock-brokers-comparison-table But seriously, as a \"\"low net worth individual\"\", the last thing you should be doing is gamble away that money - and that's what buying junk bonds is: gambling, not investing. They're called \"\"junk bonds\"\" for a reason, namely that the well-considered opinion of most investors is that there is a high probability of the issuer defaulting on them, which means that the invested money is lost.\""}
{"_id": "200054", "title": "", "text": "When you sell the stock your income is from the difference of prices between when you bought the stock and when you sold it. There's no interest there. The interest is in two places: the underlying company assets (which you own, whether you want it or not), and in the distribution of the income to the owners (the dividends). You can calculate which portion of the interest income constitutes your dividend by allocating the portions of your dividend in the proportions of the company income. That would (very roughly and unreliably, of course) give you an estimate what portion of your dividend income derives from the interest. Underlying assets include all the profits of the company that haven't been distributed through dividends, but rather reinvested back into the business. These may or may not be reflected in the market price of the company. Bottom line is that there's no direct correlation between the income from the sale of the stake of ownership and the company income from interest, if any correlation at all exists. Why would you care about interest income of Salesforce? Its not a bank or a lender, they may have some interest income, but that's definitely not the main income source of the company. If you want to know how much interest income exactly the company had, you'll have to dig deep inside the quarterly and annual reports, and even then I'm not sure if you'll find it as a separate item for a company that's not in the lending business."}
{"_id": "200078", "title": "", "text": "The picture talks is about assets on the Fed's balance sheet, which is very different than US government debt. Nor is there anything in the picture about corporate bottom lines, just US equities.   The implication of the picture is that the Fed's QE program is propping up US equity prices, and it is not a comment on the US debt or corporate earnings. You're reading things that simply aren't there."}
{"_id": "200084", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://crookedtimber.org/2017/07/21/why-coases-penguin-didnt-fly/) reduced by 97%. (I'm a bot) ***** &gt; Pat is in a great bargaining position, and can tell Alex credibly that they are going to the movies or else not spending time together, since both of them know that Alex will be a lot more hurt if they end up apart than Pat will.  &gt; More simply put, the Coase transaction cost account of how efficient institutions emerge will only work when all actors are more or less equally powerful.  &gt; The crucial point is that if one is to build a quasi-utopian society along the lines that Doctorow suggests, it has to rest on far more egalitarian power relations, and has to be built in contention with a body of actors who have quite a lot of power and mostly like things the way they are already.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6othn7/why_coases_penguin_didnt_fly/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172857 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **more**^#1 **power**^#2 **Pat**^#3 **Benkler**^#4 **market**^#5\""}
{"_id": "200093", "title": "", "text": "Below is a list of rules that will help you to decide what types of products you should be investing in:"}
{"_id": "200095", "title": "", "text": "I want to get into investment banking!  I have an interview!  What should I say?  Is Investment banking worth it?  Is it fun, glorious and cool?  I'm an engineer - should I throw it all away and focus on Excel?  Any help is greatly appreciated!"}
{"_id": "200131", "title": "", "text": "The $250K and up are not one homogeneous group. The lower end of this group benefits from normal Schedule A itemized deductions, e.g. mortgage interest, property tax, state income tax, and charitable donations. As you mention, 401(k) ($17k employee contribution limit this year), but also things like the dependent care account ($5k limit) and flexible spending account, limited usually up to $2500 in '14. The 529 deposits are limited to the gifting limit, $14K in 2014, but one can gift up to five years' deposits up front. This isn't a tax deduction, but does pull money out of one's estate and lets it grow tax free similar to a Roth IRA. The savings from such accounts is probably in the $15k - $20K range given the 20 or so year lifetime of the account and limited deposits. At the higher end, the folks making the news are those whose income is all considered capital gains. This applies both to hedge fund managers as well as CEOs whose compensation included large blocks of stock. This isn't a tax deduction, but it's how our system works, the taxation of capital gains vs. ordinary income."}
{"_id": "200136", "title": "", "text": "In general, currency has no expiration date. Specifically, in Canada, the Bank of Canada has been issuing banknotes since 1935, and these are still considered legal tender, even though they don't look much like the modern banknotes.  Before that, Canadian chartered banks issued currency, and these also still have value. However, there are a few things to note.  First of all, with currency of that age, it often has more value as a collector's item than the face value.  So spending it at a store would be foolish. Second, store clerks are not experts in old currency, and will not accept a bill that they do not recognize.  If you want the face value of your old currency, you may need to exchange it for modern currency at a bank. Having said all that, there are certainly cases where currency does expire.  Generally this happens when a country changes currency.  For example, when the Euro was introduced, the old currencies were discontinued.  After a window of exchange, the old currency in many cases lost its value.  So if you have some old French Franc notes, for example, they can no longer be exchanged for Euros. These types of events cannot be predicted in the future, of course, so it is impossible to say when, if ever, the Canadian currency you have today will lose its spending value in Canada."}
{"_id": "200164", "title": "", "text": "\"If I buy property when the market is in a downtrend the property loses   value, but I would lose money on rent anyway. So, as long I'm viewing   the property as housing expense I would be ok. This is a bit too rough an analysis.  It all depends on the numbers you plug in.  Let's say you live in the Boston area, and you buy a house during a downtrend at $550k.  Two years later, you need to sell it, and the best you can get is $480k.  You are down $70k and you are also out two years' of property taxes, maintenance, insurance, mortgage interest maybe, etc.  Say that's another $10k a year, so you are down $70k + $20k = $90k.  It's probably more than that, but let's go with it... In those same two years, you could have been living in a fairly nice apartment for $2,000/mo.  In that scenario, you are out $2k * 24 months = $48k--and that's it.  It's a difference of $90k - $48k = $42k in two years.  That's sizable. If I wanted to sell and upgrade to a larger property, the larger   property would also be cheaper in the downtrend. Yes, the general rule is:  if you have to spend your money on a purchase, it's best to buy when things are low, so you maximize your value.   However, if the market is in an uptrend, selling the property would   gain me more than what I paid, but larger houses would also have   increased in price. But it may not scale.  When you jump to a much larger (more expensive) house, you can think of it as buying 1.5 houses.  That extra 0.5 of a house is a new purchase, and if you buy when prices are high (relative to other economic indicators, like salaries and rents), you are not doing as well as when you buy when they are low.   Do both of these scenarios negate the pro/cons of buying in either   market? I don't think so.  I think, in general, buying \"\"more house\"\" (either going from an apartment to a house or from a small house to a bigger house) when housing is cheaper is favorable.  Houses are goods like anything else, and when supply is high (after overproduction of them) and demand is low (during bad economic times), deals can be found relative to other times when the opposite applies, or during housing bubbles.   The other point is, as with any trend, you only know the future of the trend...after it passes.  You don't know if you are buying at anything close to the bottom of a trend, though you can certainly see it is lower than it once was.   In terms of practical matters, if you are going to buy when it's up, you hope you sell when it's up, too. This graph of historical inflation-adjusted housing prices is helpful to that point:  let me just say that if I bought in the latest boom, I sure hope I sold during that boom, too!\""}
{"_id": "200183", "title": "", "text": "\"I think we could keep this discussion up all day.  I don't doubt that attorneys find this information valuable.  I just object to this one-sided source of information being considered \"\"news\"\" worthy of making the front page of reddit.  Based on the upvotes for this and other courthousenews.com articles, my opinion is clearly in the minority.\""}
{"_id": "200210", "title": "", "text": "You can likely use bollinger band values to programmatically recognize sideways trending stocks. Bollinger band averages expand during periods of volatility and then converge on the matched prices the longer there is little volatility in the asset prices. Also, look at the bollinger band formula to see if you can glean how that indicator does it, so that you can create something more custom fit to your idea."}
{"_id": "200211", "title": "", "text": "You actually have a few options. First, you can do a share split and then sell an equal number of shares from both you and your wife to maintain parity. Second, you can have the company issue additional shares/convert shares and then have the company sell the appropriate percentage to the third party while the rest is distributed to you and your wife. Third, you can have the company issue a separate class of stock. For example there are companies that have voting stock and non-voting stock. Depending on your goal, you could just issue non-voting stock and sell that.  Best bet is to contact a lawyer who specializes in this type of work and have them recommend a course of action. One caveat that has not been mentioned is that what/how you do this will also depend on the type of corporation that you have created."}
{"_id": "200212", "title": "", "text": "http://www.efficientfrontier.com/ef/104/stupid.htm would have some data though a bit old about open-end funds vs an ETF that would be one point. Secondly, do you know that the Math on your ETF will always work out to whole numbers of shares or do you plan on using brokers that would allow fractional shares easily? This is a factor as $3,000 of an open-end fund will automatically go into fractional shares that isn't necessarily the case of an ETF where you have to specify a number of shares when you purchase as well as consider are you doing a market or limit order? These are a couple of things to keep in mind here. Lastly, what if the broker you use charges account maintenance fees for your account? In buying the mutual fund from the fund company directly, there may be a lower likelihood of having such fees. I don't know of any way to buy shares in the ETF directly without using a broker."}
{"_id": "200216", "title": "", "text": "&gt; the lion's share of the company's money is still tied to the iPhone, which accounts for nearly 55 percent of its sales revenue.  55% isn't so bad - 80% or 90% would be pretty risky. I'm sure they know the risks and are trying to diversify though, just as many oil states are channeling their oil wealth into diversification as well - they know the party can't last forever and it's better not to walk into that blind..."}
{"_id": "200248", "title": "", "text": "\"I live in Kenya, and also here we have corruption. However, we use EFT, RTGS, Mobile Money and its more safe than cheques. Beware, that paper based payments cost you way more than anything electronic. Often the bank charge you for the cheque book, they charge for receiving paper based payment instruments, and settlement is often a day or two, while mobile/electronic settlement is instant. Seen from a tenants perspective, its also easier. Imagine too, the small likelihood that you loose the cheques from your tenants?  Your fear for your account is understandable, but you may need to learn a little now, about how accounts are handled. In an online community only the persons with the necessary electronic credentials can withdraw from your account, being it online via your screen, or at the cashier, or by other means.  Therefore, your money are safer via the electronic means. The cause of your concern / unease can be that you are relinquishing your control from a paper-based, visible system, into a system which you may not know so much about, maybe because of that you have not done so much on computers, yet.  As a most recent caveat, though, don't get into the so called bitcoin technology, it is not safe, and as you saw, most recently, the very owner himself became the perpetrator breaking his very own bank by artificially inflating amounts on his own account, according to Japanese authorities. Now, electronic banking has been in existence since soon 40 years. Its based on cash, so behind the scenes, between the banks, huge deposits of cash are being moved physically, around from vault to vault, in the bank's money exchange / transaction settlement system. Thereby, a bank does not need to physically transfer money from one physical bank building to another - as they have huge loads of cash stashed in central depositories, between which they can now exchange money as compensation for cheques and electronic transfers. So, behind the scene of the electronic world, there are still physical cash being moved around, deep under the ground, in such vaults. I hope this has given you a little bit of confidence in the \"\"modern times\"\". If you have further questions, you are welcome.  These were my 50 cents :-). My background is in software development, where I have worked on banking systems for more than 10 years, making banking systems, as part of huge teams, working for the largest banks in the world.\""}
{"_id": "200260", "title": "", "text": "I am a huge fan of beef.  But an even bigger fan of doing better for the planet earth.  Make me something plant based that is just as yummy and protein-packed as beef for a reasonable price, I will gladly stuff my face silly."}
{"_id": "200263", "title": "", "text": "Debt collectors are just doing their job as many people want to evade payment by not responding and skipping their debts, and they talk tough to force people found to make their obligated payments based on what they can afford and that\u2019s all. I\u2019m in the UK, but I assume the process is similar.   Before I begin, I worked in debt collection and I presume that the debt collection agency have requested details for a source like a college and you have been returned as a possible match as you name is identical to their debtor but with differing date of birth etc. College/University students are very nomadic in nature and addresses aren\u2019t very helpful when they are not current, but details of a current address/employer to a very similar name would be a possible lead to debtor and the debt collector is simply acting on flawed information which is fairly rare, and  cases such as these are resolved when you can simply confirm your date of birth and other details so that they can eliminate you from their chasing activities.  Whilst you may feel uncomfortable about giving your details, you are not the debtor and will have to confirm this, the debt collector is only interested in collection of valid debts values, and the current letter is most likely a standard letter to get you to act assuming that you are the debtor. If you try to ignore this or only partly answer their contact by telling them not to contact your employer etc, they will assume that you are the debtor and step up pursuit  by contacting at work by phone, in person, or by other means, and you employer will see you in a bad light\u2026 I would advise you to write to them a one-time only letter confirming details of your home address and insist on correspondence in writing only to that home address, in addition you should confirm your full name including full middle names, date of birth, that you have never attended the college in question,  agreed to any such debt in writing, and that you are not the correct data subject as the ss number also differs.  The letter should also go on to state a range of costs which require payment before you act further, ie subsequent letter $xx.xx amount attending court $xx.xx per hour(not cheap) and that if they harass you or otherwise affect your standing with your credit reference, or employer or anyone else that you \u2018Will\u2019 take further action and \u2018May\u2019 take them to your \u2018Local\u2019 court and pursue the costs list above and  losses as a result of their actions including pain and suffering. Speak tough and mean business and act decisively and your message will win through, share your details with them once and above all copy your employer in so that they know this is a case of mistaken identity. You can add a large heading at the top of the letter of \u2018Mistaken Identity\u2019 to prove your point."}
{"_id": "200268", "title": "", "text": "\"In the sole interest of improving your credit score, the thing you should focus on is lowering your overall utilization. The best thing you could do for this would be to get a loan to reconsolidate your credit card debts into a single, long term loan. The impact of this is that your credit card utilization, assuming the loan covers 100% of your balances, will suddenly drop to 0%, as you'll no longer have a balance on the cards. Additionally, at this point, with a consolidation loan, you'll be building loan history by making steady, fixed payments on the loan.  The loan will also, ideally, have a significantly lower interest rate than the cards, and thus will save you money that you'd otherwise be spending on interest.  A lot of others here will feed you some additonal, irrelevant advice - \"\"Pay off X credit card first!\"\"; Ideally, you need to eliminate this debt. But to directly address the question of how you could improve your credit score, based on your utilization, I believe the best option would be for you to reconsolidate your credit card debt into a single loan, to reduce your utilization on the cards.\""}
{"_id": "200273", "title": "", "text": "/r/savedyouaclick   1. Focus on earning  2. Develop multiple streams of income   3. Save to invest, don't save to save   4. Be decisive   5. Don't show off \u2014 show up    6. Change your mindset about money    7. Invest in yourself    8. Ditch the steady paycheck    9. Set goals and visualize achieving them    10. Start hanging out with people you admire   11. Shoot for $10 million, not $1 million"}
{"_id": "200283", "title": "", "text": "\"But I don't think they WANT you to just go straight to what you're looking for.  Retail stores are known to lay out stores in such a way as to display \"\"impulse\"\" items at strategic locations in hopes that you buy more than what you came in for.  They would probably lose money doing it how you suggest.  Think about it for a second.  The technology is there to do what you're suggesting.  Must be a reason why they're not doing it.\""}
{"_id": "200297", "title": "", "text": "Refinancing a car for anything other than lowering the rate is not a good idea. Keep the same term, or take a shorter one. Remember that unlike real property, a car only loses value.  So when you make your payments on your 84 month (!) loan, those payments are amortized so that the interest is front loaded. The problem is, when your car gets totalled around month 24, insurance will generally only pay what the car is worth, and you'll owe more."}
{"_id": "200323", "title": "", "text": "I think the article mentions Circuit City because their employees were historically paid based on commissions.  Shopping at Circuit City in the late 90's/early 2000's was great from my experience because the employees were knowledgeable and were motivated to sell their assigned products.  At some point, they got rid of the commision based sales switching to flat low wages and they lost the competitive edge over Best Buy in my opinion.  Shopping at Circuit City became the same as shopping at Best Buy because both stores had non-motivated/knowledgeable sales people."}
{"_id": "200335", "title": "", "text": "This might not be the right subreddit for this discussion, but what reason was there to buy Nintendo besides fanboyism?  They've had two solid years of poor performance and execution; and I don't think anyone would expect a pickup unless the Wii-U turns out to be a spectacular hit."}
{"_id": "200338", "title": "", "text": "If you do not presently have an HSA-compatible insurance plan, you cannot legally add money to your HSA. You can still withdraw, but you can't add. So basically your choice are to let the money sit there and be nibbled away by the monthly fees, to withdraw it anyway and pay the tax penalty, or to spend it on whatever medical expenses you do have. I have no idea what your expenses are, how good your present insurance is and how often you and any dependents see a doctor or get prescriptions. If you used it for ALL uncovered expenses, how long would it take to use it up?"}
{"_id": "200360", "title": "", "text": "\"If anything, the price of an ETF is more tightly coupled to the underlying holdings or assets than a mutual fund, because of the independent creation/destruction mechanism. With a mutual fund, the price is generally set once at the end of each day, and the mutual fund manager has to deal with investments and redemptions at that price. By the time they get to buying or selling the underlying assets, the market may have moved or they may even move the market with those transactions. With an ETF, investment and redemption is handled by independent \"\"authorized participants\"\". They can create new units of the ETF by buying up the underlying assets and delivering them to the ETF manager, and vice versa they can cancel units by requesting the underlying assets from the ETF manager. ETFs trade intraday (i.e. at any time during trading hours) and any time the price diverges too far from the underlying assets, one of the authorized participants has an incentive to make a small profit by creating or destroying units of the ETF, also intraday.\""}
{"_id": "200366", "title": "", "text": "Just a few months ago someone asked in this sub how he tanked so many funds. Shkreli came out and vehemently defended himself and refuted any suggestion his funds had tanked. The evidence in the trial said they actually had tanked. Badly, but he illegally paid investors back from the pharma company.  He will be missed."}
{"_id": "200410", "title": "", "text": "My boss doesn't seem to do a good job of it.  I wonder, have you ever had a job?  I don't see any reason why I shouldn't have a say in the nature of my work, etc.  In fact, what I am saying is that some labor is necessary from the perspective of the capitalist, because she needs profits, but that doesn't mean it is necessary according to the workers."}
{"_id": "200425", "title": "", "text": "\"Any inward remittance received by your Parents cannot be treated as \"\"Income\"\" as per the definitaion. This can at best be treated as \"\"Gift\"\". However in India there is No Gift tax for certain relations and there is no ceiling on the amount. In your case gifting of money by son to father or viceversa is allowed without any limits and tax implication. However if you father were to invest this money in his name and make gains, the gains would be taxable.  However if the Money is being transfered with specific purpose such as to buy a property, etc make sure you have the Bank give your dad an certificate of Inward remittance. This is also advisable even otherwise, the Inwared Remittance certificate from Bank certifies that the credit entry in the account is because or funds comming into India and if the tax authorities were to question the large amount of credits, it would be proof that it is due to Inward remittance and not due to say a sale of property by your dad Helpful Links: http://www.moneycontrol.com/news/tax/gift-tax-whatsa-gift_664238.html http://www.thehindubusinessline.in/bline/blnri/exp-tax.htm Edit 1: What you father does with the money is treated as EXPENSE, ie spends on day to day expense or pays off your Loans or Pay off his loans have no relevance from a Tax Prespective in India.  The only issue comes in say you have transfered the funds to buy a property and there was no purpose of remittance specified by Bank's letter and one want to reptriate this funds back to US, then its an issue. If you transfer the funds directly to your Loan account again there is no tax implication to you in India as you are NRI.\""}
{"_id": "200446", "title": "", "text": "If Chipotle is getting rid of chorizo,  then you might as well go to Qdoba where the food is cheaper and slightly better.  Chipotle has steadily gone down hill in quality over the past several years IMHO. ....and their steak is now horribly disgusting as of May (the last time I had it)"}
{"_id": "200448", "title": "", "text": "&gt; Mercedes and BMW both produce around 60,000 of their similarly priced level vehicles (S class and 7 series respectively) per year. Audi produces around 35,000 8 series vehicles.   Ridiculously contrived analogies.  Audi produces almost 1.5 *million* vehicles every year, and Mercedes a similar number; BMW produces nearly 2 million.  Each of them *actually* make (&amp; sell) more units in a single month than Tesla is claiming to be building the *capacity* to produce in a year.  And that is *without* all of the subsidies and tax-credit advantages that Tesla is leveraging (much less the free press)."}
{"_id": "200457", "title": "", "text": "The U.S. Treasury said the same thing on the lawfulness of retailers refusing legal tender at point of sale - retailers are allowed to refuse any denomination of U.S. currency: [...]all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. [...]"}
{"_id": "200468", "title": "", "text": "\"CFP stands for \"\"Certified Financial Planner\"\", and is a certification administered by the CFP board (a non-government non-profit entity). This has nothing to do with insurance, and CFP are not insurance agents. Many States require insurance agents to be explicitly licensed by the State as such, and only licensed insurance agents can advise on insurance products. When you're looking for an insurance policy as an investment vehicle, a financial adviser (CFP, or whatever else acronym on the business card - doesn't matter) may be helpful. But in any case, when dealing with insurance - talk to a licensed insurance agent. If your financial adviser is not a licensed tax adviser (EA/CPA licensed in your State) - talk to a licensed tax adviser about your options before making any decisions.\""}
{"_id": "200476", "title": "", "text": "There is no maximum. The only stipulation other than contribution limits is that you must take withdrawals at age 70 1/2."}
{"_id": "200477", "title": "", "text": "Firstly, sorry about the accident. I am afraid you will need to do your own legwork, because you cannot trust other people with your money.  It's a good thing you do not need to rush.  Take your time to learn things. One thing is certain, you cannot let your money sit in a bank - inflation will digest them. You need to learn about investing yourself, or you run a risk of someone taking advantage of you.  And there are people who specialise in exploiting people who have money and no idea what to do with them.  There is no other way, if you have money, you need to know how to deal with it, or you are likely to lose it all.  Since you need to have monthly income and also income that makes more money to make further investments, you need to look at two most common investments that are safe enough and also give good returns on investment: Property and index funds. You might also have a look at National bonds as this is considered safest investment possible (country has to go bust for you to lose money), but you are too young for that.  Young = you can take more risk so Property and shares (indexes). You want to have your property investments in a country that is stable and has a good ROI (like Netherlands or Lithuania). Listen to some audio lectures: https://www.audible.co.uk/pd/Health-Personal-Development/Investing-in-Real-Estate-6th-Edition-Audiobook/B008SEH1R0 https://www.audible.co.uk/pd/Business/The-Secrets-of-Buy-to-Let-Success-Audiobook/B00UVVM222 https://www.audible.co.uk/pd/Non-fiction/Economics-3rd-Edition-Audiobook/B00D8J7VUC https://www.audible.co.uk/pd/Advanced-Investments-Part-1-Audiobook/B00HU81B80 After you sorted your investment strategy, you might want to move to a country that is Expat friendly and has lower living costs than US and you should be able to live like a king... best of luck."}
{"_id": "200485", "title": "", "text": "\"Future tax increases on dividends are likely. The Wall Street Journal says. \"\"The millions of Americans who receive dividend income ... need to begin adjusting their investment strategy accordingly.\"\" (ref) \"\"Last week the Senate Budget Committee   passed a fiscal 2011 budget resolution   that includes an increase in the top   tax rate on dividends to 39.6% from   the current 15%\u2014a 164% increase.\"\" ...   \"\"You can expect fewer businesses   either to offer or increase dividend   payouts.\"\"\""}
{"_id": "200487", "title": "", "text": "You should ask your bank about currency exchange. Some banks provide that as a service, others will refer you to bigger banks. As for keeping the converted USD in your bank account, that will also depend on your bank - smaller banks probably can't, while big banks probably can.  Bottom line, you should ask your bank about it."}
{"_id": "200510", "title": "", "text": "[Boiler feed pumps](http://www.mckenziecorp.com/) are an important part of any boiler operation. They control the amount of water fed to the boiler and the manner in which it is fed.  Centrifugal - Continuous Turbine - Intermittent  In order to properly select a boiler feed pump five key points must be considered:  **Will the pumps operation be continuous or intermittent?**  This is an operational question and is often answered by the type of level control found on the boiler that the pump will be servicing. As a general rule of thumb, boilers with a capacity of 10,000 lbs./hr. or less utilize a float type switch that starts and stops the boiler feed pump to satisfy a predetermined water level within the boiler. This is a classic intermittent operation.  Boilers with capacities exceeding 10,000 lb./hr. typically employs a modulating feed water regulator and will continuously feed water to the boiler at various rates depending upon the water level in the boiler.   By knowing which operation you are to satisfy, you can determine which pump design is best suited for your application. As a general rule of thumb a turbine pump is used in an on-off situation and a centrifugal pump is used for continuous operation. But remember, this is a general rule and is some cases a centrifugal could be used for an on-off application and a turbine for continuous.   **What is the temperature of the water being pumped?**  It is also important to know the temperature of water you intend to pump. Most pumps can usually handle 215 oF to 230o F, other pumps are available that can handle higher temperatures by using external water-cooling. Keep in mind that a deaerator pump must be able to handle higher temperatures because they operate a 5 psi or 227o F.   **What is the required capacity?**  How much water you intend to pump is dependent upon the evaporation rate of the boiler the pump will service. A safe figure for an on-off application would be 2 times the evaporation rate of the boiler. With a modulating level control, a factor of 1.3 times the evaporation rate plus recirculation is recommended.   **What is the desired discharge pressure?**  When you pump directly into the boiler you will need to overcome the pressure in the boiler as well as any piping losses. You can chose the right pump by looking at the pump curves to determine which will accomplish this task. Should you have a modulating valve in the discharge line, the minimum you will need to add to the boiler operating pressure will be 20 to 25 lbs. Make sure that the pump can handle the pressure along with the flow rate needed. With an on-off level control the pumps should be designed for the relief valve pressure.  **What is the NPSH or net positive suction head required?**  This is the last piece of information that you will need. This is the minimum absolute pressure at the suction nozzle at which the pump can operate. To avoid pump cavitation, the NPSHA of the system must be greater than the NPSHR of the pump. In other words, the available NPSH must be higher than the required. We have always sized our deaerator stands to be two feet higher than the NPSH needed for the pump selection. Remember, the water level in the storage tank adds to the safety margin."}
{"_id": "200536", "title": "", "text": "\"Is NASDAQ's CTO the same guy that put the login credentials needed to completely WIPE the production facility of a company in the \"\"new workers manual\"\"? (something that was rather popular on reddit recently).  I really hope the SEC looks into this...\""}
{"_id": "200546", "title": "", "text": "Dude it's not about being competitive. It has advantages in its own that no other car maker is currently doing. Sure, it's not the cheapest car on the market but it's \u2022 Fully electric. \u2022 Drives by itself (+$5000 autopilot which chevy doesn't even offer. STILL cheaper than chevy's upgrade which puts it at almost $42k). \u2022 Known for being the safest cars on the road. \u2022 And it's damn beautiful.  So even though you're not getting your bottom of the barrel deal, you get what you pay for."}
{"_id": "200556", "title": "", "text": "You're right but only in the fact she had kids which she can't afford. I feel the judgement, however, is naive and made at a distance.   The point of the article was although she clearly works her ass off, to the point of working 80 hour weeks, she can't afford basic needs. You can point out she isn't working 80 hours now, she has always at least worked full time. Yet she couldn't support herself and two children..  To me that's a failure on a collective level. It shouldn't be possible. For someone to want to work more than the full 40, and have to choose between rent and food is ridiculous. The only argument to be made for justification of this situation is 'the market'.   The service industry employs a big chunk of the country. If the people whom they employ can't eek out a living then something should be done. Minimum wage has existed for many years now and is not controversial. If a wage can't support a worker, one should support raising that wage.   Should we really immediately say she has kids she can't afford? Should that really be possible for someone who works as hard as the woman portrayed in this article? I don't support sterilization of the poor, and that's the logical conclusion of your accusation. The poor should not have kids, and I presume you feel that we should not support them with taxes. That is another topic, but if one can work more than full time, having kids should not be near impossible to afford. Rather than a type of welfare, let these people earn enough to exist at the very least."}
{"_id": "200578", "title": "", "text": "\"It totally depends on when your expenses hit and whether you might have a larger stock than necessary. If you run your projections against the monthly save and the intervals of when you'll need the money, you might be able to extract some stock from the account.  I recommend making this a bit simpler. I operate this with an \"\"annuals\"\" account which is a complete aggregate of expenses that I know I have several times per year (or once every two years), but are not monthly or part of a weekly non-fixed expense budget cap. Instead of tracking each expense individually and saving for it, create a spreadsheet that lists out all of these expenses, sum them, and then divide by 12. When I first opened this account, I added a one-time deposit to \"\"catchup\"\" to make sure I would never need to pull money from another source for these expenses. As new expenses come into existence that I should plan for annually, I simply add them to this list and adjust the monthly auto-deposit to the account. This also adjusts my single number weekly budget.  To make it easy, whenever I see an expense on my annuals list on my amex or debit, I simply initiate a withdrawal from the annuals savings and it will balance out my weekly or monthly budget expenses.  The goal of my annuals account is to simply avoid anti-windfalls that are known quantities (insurance, annual eye exam, sprinkler flush, amazon prime, etc) that would throw a wrench in weekly/monthly budget and expense planning. The more variables you can remove from your weekly/monthly, the more regular it becomes and the more likely you will be able to stick to a budget.\""}
{"_id": "200600", "title": "", "text": "I accept that drivers can be bad and do bad things. I am sorry that happened in your town; it sounds terrible. I also realize that there are ride sharing apps of various kinds.   I still think there is value in a trust network for payment and safety. I don't think your example negates that."}
{"_id": "200603", "title": "", "text": "It only matters for purposes of the dependent, so if you are clearly at 50%, then you don't need to calculate this cost.  If it is close to not being 50%, then you will have to allocate between your sister and mother.  To calculate support costs, you can of course include the costs incurred for transportation, per Pub 17 p 34.  If you and your sister have an arrangement where she uses the car and in exchange she shoulders extra costs for your mother, then that's legitimately your expense for your mother (as long as this is a true agreement, then it was money she owed you but paid directly to the vendors and creditors that you would have paid). Note that there is a simpler avenue.  If your sister agrees that you will claim your mother as dependent, and nobody else provides any substantial support (10%+ of costs), then she can just agree that it's you who will claim her.  If you like, such an agreement may be attached to your taxes, possibly using Form 2120.  As a general rule, though, you do not need to use 2120 or any other agreement, nor submit any support calculations.  If your sister verbally agrees that she hasn't and won't claim your mother, then it's unlikely to cause any problems.  Her signed agreement not to claim your mother is merely the most conservative possible documentation strategy, but isn't really necessary.  See Pub 17, p 35 on Multiple Support Agreements for more info."}
{"_id": "200605", "title": "", "text": "Ha!  All right ChaosMotor, you seem like the guy with the 'can-do attitude'.  Put something together and start a completely new market to compete with the Dow and the S&amp;P.    I'm sure it can't be too hard, I'm just really busy right now setting up a search engine to compete with Google and Microsoft."}
{"_id": "200606", "title": "", "text": "\"It's wrong because they committed fraud. If Target committed fraud it would be condemned as well. Now, *if* Target hadn't printed \"\"one use per customer\"\" and \"\"not for use with gift cards\"\" this would be a completely different situation and I think pretty much everyone would be saying more power to these people.\""}
{"_id": "200611", "title": "", "text": "A California, USA based Import &amp; Export company required Letter of Credit MT700 as a payment term to Import tyres from a Chinese supplier. Bronze Wing Trading's Trade Finance Solution resolved their issue by providing Letter of Credit from a reputed bank in Europe. They made a handsome profit."}
{"_id": "200630", "title": "", "text": "&gt; so just imagine what that implies in terms of quality of life.  Money wise sure. You are still missing out on all the things a city has to offer. That's a totally reasonable trade for many people, especially with all that extra disposable income. There is also a reason so many people want to live in a major metro area."}
{"_id": "200666", "title": "", "text": "The purpose of a market order is to guarantee that your order gets filled. If you try to place a limit order at the bid or ask, by the time you enter your order the price might have moved and you might need to keep amending your limit order in order to buy or sell, and as such you start chasing the market. A market order will guarantee your order gets executed. Also, an important point to consider, is that market orders are often used in combination with other orders such as conditional orders. For example if you have a stop loss (conditional order) set at say 10% below your buy price, you might want to use a market order to make sure your order gets executed if the price drops 10% and your stop loss gets triggered, making sure that you get out of the stock instead of being stuck with a limit order 10% below your buy price whilst the stock keeps falling further."}
{"_id": "200683", "title": "", "text": "I generally concur with your sentiments. mint.com has 'hack me' written all over it.  I know of two major open source tools for accounting: GNUCash and LedgerSMB. I use GNUCash, which comes close to meeting your needs: The 2.4 series introduced SQL DB support; mysql, postgres and sqlite are all supported. I migrated to sqlite to see how the schema looked and ran, the conclusion was that it runs fine but writing direct sql queries is probably beyond me. I may move it to postgres in the future, just so I can write some decent reports. Note that while it uses HTML for reporting, there is no no web frontend. It still requires a client, and is not multi-user safe. But it's probably about the closest to what you what that still falls under the heading of 'personal finance'. A fork of SQL Ledger, this is postgreSQL only but does have a web frontend. All the open source finance webapps I've found are designed for small to medium busineses. I believe it should meet your needs, though I've never used it. It might be overkill and difficult to use for your limited purposes though. I know one or two people in the regional LUG use LedgerSMB, but I really don't need invoicing and paystubs."}
{"_id": "200690", "title": "", "text": "Withdraw your savings as cash and stuff them into your mattress? Less flippantly, would the fees for a safe deposit box at a bank big enough to hold CHF 250'000 be less than the negative interest rate that you'd be penalized with if you kept your money in a normal account?"}
{"_id": "200747", "title": "", "text": "Yes, if somebody puts you in a  multi trillion dollar deficit...yeah, it may take 60+ years to pay it off.   Lets say your spouse racked up a few million in bills....that you are responsible to pay pack...how long do you think the fault will lie?  Also, don't forget to add in lost opportunity costs of not being able to do anything else but pay back bills."}
{"_id": "200756", "title": "", "text": "This is not right. Inferring the employee stock pool\u2019s takeaway is not as easy as just taking a fraction of the purchase price. As an example, that wouldn\u2019t account for any preferred returns of other ownership classes, among other things.   All considered though, it\u2019s reasonable to assume that the employee stock pool will get some premium. Best of luck."}
{"_id": "200771", "title": "", "text": "You are an American ally, we lubricate you while your enemies fuck you  But feel proud . .its all for democracy and freedom  Your sacrifices are duly noted for future reference . .never  Remember!!! we provided the lubricant to ease your pain  We are unable to reconcile in our head that an Asian has a Long Dong"}
{"_id": "200775", "title": "", "text": "Looks like this settlement is broken down in cash and assistance to homeowners. This usually means BOA can count delinquent mtg debt on homes that are underwater as part of the settlement. Debt they normally would have written off anyway.  Nice thought that they are going after an individual of the firm"}
{"_id": "200784", "title": "", "text": "\"Many companies (particularly tech companies like Atlassian) grant their employees \"\"share options\"\" as part of their compensation. A share option is the right to buy a share in the company at a \"\"strike price\"\" specified when the option is granted. Typically these \"\"vest\"\" after 1-4 years so long as the employee stays with the company. Once they do vest, the employee can exercise them by paying the strike price - typically they'd do that if the shares are now more valuable. The amount they pay to exercise the option goes to the company and will show up in the $2.3 million quoted in the question.\""}
{"_id": "200797", "title": "", "text": "Yes I know.  This has happened before, where they seemed to confirm that a release would relate to one thing, but then it turned out to be about something else.  Unless Elon's Twitter post specifically said it was about the Model 3 in his own words, there is no confirmation."}
{"_id": "200800", "title": "", "text": "\"Well, I started with \"\"is shadowstats accurate\"\" on Google and there's a Wikipedia page with a well established background.   I'm not much into the MSM, but I do see value in the statistics the government reports. Though it seems less of the MSM and more of a bunch of highly degreed people in economics fields who are debating him. But maybe jet fuel can't melt steel beams.   My formal education and experience isn't financial, so I don't know if I'm qualified to speak for it. I think I know more than average person about personal finance, but that's about it.   I can speak for myself, that I am doing well with the markets and my life seems stable and secure. The rest of the country? They're probably 500 dollars away from financial ruin and living paycheck to paycheck. That's what the articles posted here say. It's a shame, if so.\""}
{"_id": "200803", "title": "", "text": "Ah, I am coming from the fund side of things.  The PMs do make some serious coin, but below that, once you factor in commissions, it is just silly.  I actually worked on the compensation model for a certain fund company and I couldn't believe the disparity.  I suppose it depends on how the titles are distributed, perhaps it is a Canadian thing.  The traders title at the other two companies where I worked were entry levelish.  Although they did make about the same as the research analysts if they performed as to plan."}
{"_id": "200821", "title": "", "text": "ICSE The subjects that are offered are isolated into three gatherings. ICSE Home Tuition in Mumbai Gathering I incorporates Compulsory Subjects \u2014 English, History and Civics, and Geography, and Indian Language, Group II which incorporates any two from Mathematics, Science (Physics, Biology, Chemistry) as partitioned subjects, Environmental Science, Computer Science, Agricultural Science, Commercial Studies, Technical Drawing, A Modern Foreign Language, ICSE Home Tuition in Mumbai A Classical Language and Economics, and Group III has any one from Computer Applications, Economic Applications, Commercial Applications, Art, Performing Arts, Home Science, Cookery, Fashion Designing, Physical Education, Technical Drawing Applications, Yoga, and Environmental Applications. In subjects where there are more than one paper (e.g., Science), the imprints acquired in the subject are figured by taking the normal of the considerable number of papers in the subject. Applicants showing up for the examination need to think about six subjects, with one to three papers in each subject. ICSE Home Tuition in Mumbai For subject HC&amp;G the paper 1 comprises of History and Civics and paper 2 comprises of Geography. ICSE Home Tuition in Mumbai Science comprises of three papers each for Physics, Chemistry, and Biology. This makes for a sum of eight to eleven papers, contingent upon the subjects. ICSC comes about are taken from best five of six subjects out of which English imprints is necessary. ICSE Home Tuition in Mumbai We are passionate about teaching. We ICSE Home Tuition in Mumbai Academy nurture our students to possess confidence and the necessary skills to get the success in exams. Why Choose OM Academy We IICSE Home Tuition in Mumbai completely believe in balance approach to excel in exams. Hence we provide the academic and non-academic courses to enhance the ability of the students to perform better in the real life challenges."}
{"_id": "200832", "title": "", "text": "Thanks to the other answers, I now know what to google for. Frankfurt Stock Exchange: http://en.boerse-frankfurt.de/equities/newissues London Stock Exchange: http://www.londonstockexchange.com/statistics/new-issues-further-issues/new-issues-further-issues.htm"}
{"_id": "200845", "title": "", "text": "Scary isn't really the right word. I'd say he saw what the market was lacking and could also see what could be a possibility for the future.  It really is amazing how Gates not only revolutionized the industry back in his time but also is able to see what the future itself could also hold."}
{"_id": "200863", "title": "", "text": "Are the grey ones the new ones? I like them because they actually do stay together mostly and I can reuse them. They do seem a bit smaller now that I think about it, certain things don't fit super well but it's fine with me. Way better than giant which just has the absolute worst bags. Wegmans are solid though."}
{"_id": "200875", "title": "", "text": "Interest per month is 12th root of annual interest, or a multiplier of about 1.0327%. At end of 1st month, you start with $0, add interest on $0, and add $600, getting $600. 2nd month: start with $600, add 0.0327% interest plus $600, getting $1219.62. 3rd: balance plus interest plus deposit yields $1859.50 Repeat ad nauseam. Easier with a spreadsheet or a bit of trivial programming. Or you can try to re-derive the formulas, but that is left as an exercise for the student."}
{"_id": "200876", "title": "", "text": "Become genuinely passionate about the subject and the knowledge/experience will guide you.   If you're really desperate to get a position in finance ASAP, i would recommend a financials sales path. Sales is usually the most avoided path, as well as one of the most important skill sets to have. Most people don't even know that the top investment banking positions are sales, lol....."}
{"_id": "200879", "title": "", "text": "The next day the market opens trading at 10.50, You haven't specified whether you limit order for $10.10 is to buy or sell. When the trading opens next day, it follows the same process of matching the orders. So if you have put a limit order to buy at $10.10 and there is no sell order at that price, your trade will not go through. If you have placed a limit sell order at $10.10 and there is a buyer at or higher price, it would go through. The Open price is the price of the first trade of the day."}
{"_id": "200893", "title": "", "text": "\"So this dude actually brought this upon himself. SEC was initiating the usual \"\"administrative proceedings\"\" against him when he decided to sue the SEC to try him in a federal court with jury and stuff.   SEC did just that and now he will be convicted with some jail time.   He could've gone home with some fines.\""}
{"_id": "200894", "title": "", "text": "By definition, an IPO'd stock is publicly traded, and you can buy shares if you wish. There's often an excitement on the first day that doesn't carry over to the next days or weeks.  The opening price may be well above the IPO price, depending on that demand."}
{"_id": "200898", "title": "", "text": "In addition to JoeTaxpayer's thorough answer, I just want to tackle one particular question that was also asked: ...all employer contributions are pretax? There are a few main reasons that employer contributions go into the traditional bucket instead of the Roth bucket: The only way an employer could logically contribute to your Roth directly would be by increasing your W2 wages by the same amount, but if they did that then you could just contribute to your own Roth with the extra money (up to the annual limit which is currently $18K)."}
{"_id": "200900", "title": "", "text": "If its deductible, the IRA is a no-brainer. You're netting a positive return just from the tax deduction, and you'll have years of tax-free appreciation. You're already on track to pay off your mortgage in 5 years, the impact of $10,000 on the balance now is not very consequential. On the other hand, you won't have an opportunity to make additional IRA contributions."}
{"_id": "200912", "title": "", "text": "I found that the Target Date funds for Vanguard have a lower minimum, only $1,000. They are spaced every 5 years from 2010 to 2060. They are available as: General Account, IRA, UGMA/UTMA and Education Saving Account."}
{"_id": "200914", "title": "", "text": "Is Jim right to be worries? Yes, since the statute of limitations for refunds for 2012 is close and he might lose any tax refunds he might be entitled to for that year. Also, the pattern itself may raise some flags of suspicion and trigger audits, both because of such a variance in income and because of the medical expenses (which are generally considered a red flag). So he might get audited. However, if all the income and expenses are properly documented, audit itself should not be a problem."}
{"_id": "200921", "title": "", "text": "I'm a finance newb....sorry ahead of time for everyone slamming their heads against the the wall.  I'm going to go ahead and possibly answer my own question. Do I just go back 4 months at a time from their 10K and record the stock price on that date?"}
{"_id": "200925", "title": "", "text": "The projects are expensive because they are technically challenging.  The point is that BART (an existing public transit system) has no money for infrastructure investments because it's spent on employee benefits (gross salary, overtime, and pension benefits).    Paying a janitor $100k in any locality is ridiculous and that includes the bay area.  A private corporation, such as Facebook doesn't pay their janitors $100k.  They contract the labor out to a company who pays $20/hr and they hire another employee instead of paying 1.5x or 2.0x overtime."}
{"_id": "200928", "title": "", "text": "Ignoring taxes, a share repurchase has exactly the same effect on the company and the shareholders' wealth as a cash dividend. In either case, the company is disbursing cash to its shareholders; in the former, in exchange for shares which shareholders happen to be selling on the market at the time; in the latter, equally to all shareholders. For those shareholders who do not happen to be selling their shares, a share repurchase by a company is equivalent to a shareholder's reinvestment of a cash dividend in additional shares of the same company.  The only difference is the total number of shares left outstanding.  Your shares after a share buyback represent ownership of a greater fraction of the company, since in effect the company is buying out other shareholders on your behalf. Theoretically, a share buyback leaves the price of the stock unchanged, whereas a cash dividend tends to reduce the price of the stock by exactly the amount of the dividend, (notwithstanding underlying earnings.)  This is because a share buyback concentrates your ownership in the company, but at the same time, the company as a whole is devalued by the exact amount of cash disbursed to buy back shares. Taxwise, a share buyback generally allows you to treat your share of the company's profits as capital gains---and quite possibly defer taxes on it as long as you own the stock.  You usually have to pay taxes on dividends at the time they are paid.  However, dividends are sometimes seen as instilling discipline in management, because it's a very public and obvious sign of distress for a company to cut its dividend, whereas a share repurchase plan can often be quietly withdrawn without drawing that much attention. A third alternative to a dividend or a share repurchase is for the company to find profitable projects to reinvest its earnings in, and attempt to grow the company as a whole (in the hopes of even greater earnings in the future) rather than distribute current earnings back to shareholders.  (A company may alse use its earnings to pay down or repurchase debt, as well.) As to your second question, the SEC has certain rules that regulate the timing and price of share repurchases on the open market."}
{"_id": "200946", "title": "", "text": "DO NOT DO NOT DO NOT DO THAT!!!  What could happen if you lie is that they ask for pay stubs before you get an offer letter.  If you don't have paystubs to back up what you claim to of made you have likely just lost your job.  If they keep you anyway they will be watching you like a hawk because you have proven on the front end that you can't be trusted.  I just went through this very same thing a few months ago and here is how I handled it.  These numbers are made up so not to reveal my real salary, of course.  I was making $2/hr and underpaid at my then company and wanted to make $10 from the new guys.  I knew they wouldn't pay me $10 so I was hoping to make $6.  They also wouldn't pay me $6 put they offered me $5.  $5 was $3 more than I was making before so I gladly took it.    I have a salary I can live with for a few years and I'm in a position to grow with the new company.  Be honest and negotiate.  Be prepared to explain why you think you are worth the money you say you are.  Be reasonable about the situation and don't get greedy.  You are doing good by them showing interest in retaining you in the first place.  Play your cards correctly and professionally and you will do well.  Whatever you do don't lie about anything.  Good luck!!!"}
{"_id": "200972", "title": "", "text": "Monitoring your credit doesn't do much. There are some vendors that actually have staff to repair your credit/identity. Substantially all of the credit monitoring services do what they say and monitor.  If you have a problem they notify you then point you to the place(s) that you can work with to repair the issue.  This is not terribly valuable, definitely not worth having multiples, but the repair aspect of some IS very valuable.   You sign a limited power of attorney and set loose someone else to fix the problem."}
{"_id": "200984", "title": "", "text": "\"Many online brokers have a \"\"virtual\"\" or \"\"paper\"\" trading feature to them.  You can make trades in near-real time with a fake account balance and it will treat it as though you were making the trade at that time.  No need to manage the math yourself - plus, you can even do more complicated trades (One-Cancels-Other/One-Triggers-Other).\""}
{"_id": "201012", "title": "", "text": "To add to JoeTaxpayer's answer, the cost of providing (term) life insurance for one year increases with the age of the insured. Thus, if you buy a 30-year term policy with level premiums (the premium is the same for 30 years) then, during the earlier years, you pay more than the cost to the insurance company for providing the benefit. In later years, you pay somewhat less than the cost of providing the insurance. The excess premiums that the insurance company charged in earlier years and the earnings from investing that money covers the difference between the premium paid in later years and the true cost of providing the coverage.  If after 20 years you decide that you no longer need the protection (children have grown up and now have jobs etc) and you cancel the policy, you will have overpaid for the protection that you got. The insurance company will not give you backsies on the overpayment. As an alternative, you might want to consider a term life insurance policy in which the premiums increase each year (or increase every 5 years) and thus better approximate the actual cost to the insurance company. One advantage is that you pay less in early life and pay more in later years (when hopefully your income will have increased and you can afford to pay more). Thus, you can get a policy with a larger face value (150K for your wife and 400K for yourself is really quite small) with annual premium of $550 now and more in later years. Also if you decide to cancel the policy after 20 years, you will not have overpaid for the level of coverage provided. Finally, in addition to a policy with larger face value, I recommend that you include the mortgage (if any) on your house in the amount that you decide is enough for your family to live on and to send the kids to college, etc., or get a separate (term life insurance) policy to cover the mortgage on your home. Many mortgage contracts have clauses to the effect that the entire principal owed becomes immediately due if either of the borrowers dies. Yes, the widow or widower can get a replacement mortgage, or prove to the lender that the monthly payments will continue as before, (or pay off the mortgage from that $150K or $400K which will leave a heck of a lot less for the family to survive on) etc., but in the middle of dealing with all the hassles created by a death in the family, this is one headache that can be taken care of now.  The advantage of including the mortgage amount in a single policy that will support the family when you are gone is that you get a bit of a break; the sum of the annual premiums on ten policies for $100K is more than the premiums for a single $1M policy. There is also the consideration that the principal owed on the mortgage declines over the years (very slowly at first, though) and so there will be more money available for living expenses in later years. Alternatively, consider a special term life insurance policy geared towards mortgage coverage. The face value of this policy reduces each year to match the amount still due on the mortgage. Note that you may already have such a policy in place because the lender has insisted on you getting such a policy as a condition for issuing the loan. In this case, keep in mind that not only is the lender the  beneficiary of such a policy, but if you bought the policy through the lender, you are providing extra profit to the lender; you can get a similar policy at lower premiums on the open market than the policy that your lender has so thoughtfully provided you.  I bought mine from a source that caters to employees of nonprofit organizations and public sector employees; your mileage may vary."}
{"_id": "201019", "title": "", "text": "\"A subsidy is a benefit.  While you're right most of the time it is a crude \"\"transfer of wealth by the US government\"\" the formal intent of a subsidy is to assist so as to confer an advantage or mitigate a disadvantage.  If as you say \"\"discounting the risk premium\"\" actively by the US government so as to confer, in the words of Ueda and Di Mauro, a \"\"funding cost advantage [to] SIFIs [of] around 60bp in 2007 and 80bp in 2009\"\" is not a subsidy, then what is it?\""}
{"_id": "201024", "title": "", "text": "We make associations and connections between our customers and their clients by creating drawing in client focused encounters that your clients would love, beginning an on-running association with your client by making an esteem trade between them and your image, driving quantifiable. Website design enhancement seo-daddy over some undefined time frame has cut its specialty as a particular computerized showcasing organization digital agencies in dubai offering end-to-end advanced answers for brands. Empowering organizations to exhibit better outcomes through advanced systems happen to be its main goal. Be it system refresh or fabricating a fresh out of the box new computerized methodology, the organization depends only on measurements."}
{"_id": "201027", "title": "", "text": "Scott Galloway has a lot of interesting ideas about Amazon and how once they reach 20% share in a market segment then the competition is dies off.  https://www.youtube.com/watch?v=n8IOxCUSOWM  https://www.youtube.com/watch?v=-MVKAXcemXc  I don't doubt Amazon's growth, but the PE always seems too high for me. I can't bring myself to buy, but maybe it's good timing to ride it through the retail apocalypse. I can't believe the hype of Prime Day. People are into it."}
{"_id": "201029", "title": "", "text": "Jesus Christ dude talk about being entitled. Are you seriously that ignorant of the economic climate we live in? College tuition is increasing exponentially, wages are stagnating, and jobs are going away. The jobs now require higher degrees and more experience while paying less than they did in the previous generations. It is seriously baffling how someone could think the tuition bubble and stagnating job market is completely normal but all the problems are caused by lazy millennial's."}
{"_id": "201039", "title": "", "text": "They *love* regulations that benefit them. They are also a big government party which consistently expands the power of the executive every time they are in office. They love big government, just not *your liberal big government* aka one which *forces* states to let people enjoy progressive civil liberties."}
{"_id": "201048", "title": "", "text": "\"From article:  &gt; Notable in the last example is the point that the choice isn\u2019t so much between competent doctors and incompetent doctors. As in other industries where licensure doesn\u2019t exist, the choice might be between high priced, extremely competent services, and lower priced, still competent services.  I think many poor people would prefer going to a \"\"second rate\"\" but still competent physician with a cheaper price rather than going broke with an expensive one. Let's leave that choice up to them rather than forcing our opinion down their throats.\""}
{"_id": "201055", "title": "", "text": "\"I would say \"\"yes\"\" to your question.  CD's purchased from a bank on your behalf by your broker will be FDIC insured and safe.  However, be aware that no one is examining the broker except you to ensure that each CD is actually purchased from an FDIC insured bank.  Don't trust them blindly. See risks mentioned by the FDIC on the subject Remember, the broker should not originate the CD, so the broker's lack of FDIC protection is irrelevant.  The job of a broker is to buy things on your behalf.  If your broker does that appropriately and sticks with FDIC insured CD's, you will be insured. Given the risks and gotchas mentioned in the link, buying directly from a bank instead of through your broker still sounds like good advice to me but you can make your own decision based on your level of trust and aversion to inconvenience.\""}
{"_id": "201075", "title": "", "text": "We already have been and currently are the guinea pigs, how do you think planes mostly fly themselves now. Once the tech got approved by the FAA as safe it started getting installed into planes. The same will happen with piloting AI."}
{"_id": "201078", "title": "", "text": "\"Sounds like you only have a vague idea of '08. JPM has always had one of the best balance sheets on the Street.  Personally I thought most of what he said was on point. I think a lot of people are also sick of \"\"listening to all the shit\"\" from DC. On both sides\""}
{"_id": "201102", "title": "", "text": "I find this state hard to believe. We have been adding about 200k jobs a month for a while now.  in the last 12 months that means about 2.4 million new jobs.  Amazon has 113,500 of those that means there was 2.3 million other jobs. for them to have outdone 46 states that means 2.2 M of those would have to be in 4 states alone."}
{"_id": "201103", "title": "", "text": "There is No penalty CD at Ally currently at 1.2%. Looks like you can withdraw the money any time. Never used it myself"}
{"_id": "201118", "title": "", "text": "\"https://bills.mint.com ended up having credo in their system but you can't find it if you search from their top bar.  In their current design you need to click \"\"money\"\" in the top nav and then search in the box in the middle of the page.\""}
{"_id": "201122", "title": "", "text": "Yes, but then either of you will need the other's permission to sell the car. I strongly recommend you get an agreement on that point, in writing, and possibly reviewed by a lawyer, before entering into this kind of relationship. (See past discussions of car titles and loan cosigners for some examples of how and why this can go wrong.) When doung business with friends, treating it as a serious business transaction is the best way to avoid ruining the friendship."}
{"_id": "201125", "title": "", "text": "IIRC it's not a FICO score, as mentioned here, too. That said, apart from borrowing money to optimise your credit score as a hobby, my understanding is that once you're above a FICO score of 750, it pretty much doesn't matter how close to 800 you get."}
{"_id": "201127", "title": "", "text": "Here's an article on it that might help: http://thefinancebuff.com/restricted-stock-units-rsu-sales-and.html One of the tricky things is that you probably have the value of the vested shares and withheld taxes already on your W-2. This confuses everyone including the IRS (they sent me one of those audits-by-mail one year, where the issue was they wanted to double-count stock compensation that was on both 1099-B and W-2; a quick letter explaining this and they were happy). The general idea is that when you first irrevocably own the stock (it vests) then that's income, because you're receiving something of value. So this goes on a W-2 and is taxed as income, not capital gains. Conceptually you've just spent however many dollars in income to buy stock, so that's your basis on the stock. For tax paid, if your employer withheld taxes, it should be included in your W-2. In that case you would not separately list it elsewhere."}
{"_id": "201134", "title": "", "text": "&gt;Most of their inventory is actually downmarket or discounted white-label merchandise that TJ repackages, rebrands as their own,  If one of my professors was right, he said this was a common business model, although the re-packaged products would be the generic brands, like Target's Up &amp; Up or Walmart's Kroger brand products, and be sold cheaper, instead of what TJ is doing, selling them at a higher price.  Target, for example, does not have their own factories to produce their own, Target-brand toilet paper, cereal, or hand towels. Instead, they just buy merchandise another company makes and repackages the products using their generic, Target-brand packaging."}
{"_id": "201140", "title": "", "text": "Once you hit 22% equity against the original value of the home, they have to cancel the PMI. No other factors come into play. See this nice overview. Before that, at the 20% equity mark, it's a negotiating situation. If the value of the house goes down, that's a strong point in their favour. But you have excellent history, that's strong in your favour."}
{"_id": "201155", "title": "", "text": "If your ideal world is one where the government keeping companies from maiming and killing people to make a buck is coddling, it is not a world I want to share with you.   There is also a story I can't remember the specifics of and thus can't pull up at 6 AM in the morning, where an American car company knew there were some serious safety flaws in a car after full production had began, and they calculated that the cost of the recall would be greater than that of the inevitable liability lawsuits, so they let people die in order to lose less money. Once word of this plot got out, they eventually got heavily fined by the government for basically being soulless bastards as I recall, but the point is this would be the norm in a world where what you want to happen happens. I would love it if someone could pull up an article so I don't sound crazy."}
{"_id": "201181", "title": "", "text": "Foodex Trade Ltd has sorted out food and beverage product in the wholesale into district operation in Western Europe, Central and Eastern Europe, Africa, Asia Pacific, America. We export and import verity of product to all buyers, including Red Bull energy drink, Nutella chocolate, frozen chicken paws, A4 copy paper, BIC lighter, bodybuilder and fitness supplement and much more. If you want to some product in huge quantity then we are a perfect supplier for you."}
{"_id": "201183", "title": "", "text": "Yes.  But the question is do you want to have gold?  If you are going to buy gold anyway, and if you can get a good conversion rate between USD:gold, then why not? If you are looking to use your earnings on things that you cannot buy using gold, then I'd recommend you take USD instead. Have fun!"}
{"_id": "201191", "title": "", "text": "I'm just saying this doesn't correlate.  Haven't heard of this bank sponsoring gay pride parades. It was probably PR. When I looked it up it seems they made a PAC that donated 50k$ to anti LGBT politicians too. Oops."}
{"_id": "201194", "title": "", "text": "I've done a rights offering once. Basically you had to pay money to exercise the right to buy. The offer was far below market rate, so the company was making money, and overall by exercising you ended up in a bit of a better position, even though your original position was diluted.  I'm not really sure what you're asking though. The money does come from the people exercising the right."}
{"_id": "201222", "title": "", "text": "I agree that there is no reliable way to buy gold for less than spot, no more than there is for any other commodity. However, you can buy many things below market from motivated sellers. That is why you see so many stores buying gold now.  It  will  be hard to find such sellers now with the saturation of buyers, but if you keep an eye on private sales and auctions you may be able to pick up something others miss."}
{"_id": "201224", "title": "", "text": "To build off of this, they also generally have logistics and distribution in place already. When a smaller company makes a product that people can't get enough of, the small company has problems scaling up fast enough.  The big company has scale, the small company has the right product. Put them together, and 1+1=3"}
{"_id": "201226", "title": "", "text": "\"All discount brokers offer a commission structure that is based on the average kind of order that their target audience will make. Different brokers advertise to different target audiences. They could all have a lot lower commissions than they do. The maximum commission price for the order ticket is set at $99 by the industry securities regulators. When discount brokers came along and started offering $2 - $9.99 trades, it was simply because these new companies could be competitive in a place where incumbents were overcharging. The same exists with Robinhood. The market landscape and costs have changed over the last decade with regulation NMS, and other brokerage firms never needed to update drastically because they could continue making a lot on commissions with nobody questioning it. The conclusion being that other brokers can also charge a lot less, despite their other overhead costs. Robinhood, like other brokerage firms (and anyone else trading directly with the exchanges), are paid by the exchanges for adding liquidity. Not only are many trades placed with no commission for the broker, they actually earn money for placing the trade. If Robinhood was doing you any favors, they would be paying you. But nobody questions free commissions so they don't. Robinhood, like other brokerage firms, sells your trading data to the highest bidder. This is called \"\"payment for order flow\"\", these subscribers see your order on the internet in route to the exhange, and before your order gets to the exchange, the subscriber sends a different order to the exchange so they either get filled before you do (analogous to front running, but different enough to not be illegal) or they alter the price of the thing you wanted to buy or sell so that you have to get a worse price. These subscribers have faster computers and faster internet access than other market participants, so are able to do this so quickly. They are also burning a lot of venture capital like all startups. You shouldn't place too much faith in the idea they are making [enough] money. They also have plans to earn interest off of balances in a variety of ways and offer more options at a price (like margin accounts).\""}
{"_id": "201258", "title": "", "text": "\"Double digit increase in tax liabilities might not \"\"break\"\" a business, but if you already keep less than half of gross profits because of liabilities for tax, insurances, etc, what incentive do you have to continue if in doing so your costs go up even higher?  Do you realize how many retailers have gone out of business because of increased overhead?   Obama said he didn't build it, but he'll sure as shit shut it down or sell the business if there's no incentive to continue.   To use your words its amazing you make such assumptions in such a \"\"cut-and-dry fashion\"\" knowing nothing about the actual details of the business except that there is a lot of net revenue and gross profit. GROSS profit, not necessarily net profit.\""}
{"_id": "201261", "title": "", "text": "You have money, free hands and free time, you can make an extremely positive impact on the world.  I would start with a list of causes that you're passionate about. Narrow that down to 3 and then get involved in all of them. I think you should pick the one you like most, but some people can handle all 3."}
{"_id": "201272", "title": "", "text": "Log-returns are very commonly used in financial maths, especially quantitative finance.  The important property is that they're symmetrical around 0 with respect to addition. This property makes it possible to talk about an average return. For instance, if a stock goes down 20% over a period of time, it has to gain 25% to be back where you started.  For the log-return on the other hand the numbers are 0.223 down over a period of time, and 0.223 up to get you back to square 1. In this sense, you can simply take an arithmetic average and it makes sense.  You can freely add up or subtract values on the log-return scale, like log-interest rates or log-inflation rates.  Whereas the arithmetic mean of (non-log) returns is simply meaningless: A stock with returns -3% and +3% would have 0% on average, when in fact the stock has declined in price? The correct approach on direct price-returns would be to take a different mean (e.g. geometric) to get a decent average.  And yet it will be hard to incorporate other information, like subtracting the risk-free rate or the inflation rate to get rate-adjusted average returns. In short: Log-returns are easier to handle computationally, esp. in bulk, but non-log-returns are easier to comprehend/imagine as a number of their own."}
{"_id": "201275", "title": "", "text": "I don't know much about paypal or bitcoin, but I can provide a little information on BTC(Paypal I thought was just a service for moving real currency).  BTC has an exchange, in which the price of a bitcoin goes up and down. You can invest in to it much like you would invest in the stock market. You can also invest in equipment to mine bitcoins, if you feel like that is worthwhile. It takes quite a bit of research and quite a bit of knowledge. If you are looking to provide loans with interest, I would look into P2P lending. Depending on where you live, you can buy portions of loans, and receive monthly payments with the similiar risk that credit card companies take on(Unsecured debt that can be cleared in bankruptcy). I've thrown a small investment into P2P lending and it has had average returns, although I don't feel like my investment strategy was optimal(took on too many high risk notes, a large portion of which defaulted). I've been doing it for about 8 months, and I've seen an APY of roughly 9%, which again I think is sub-optimal. I think with better investment strategy you could see closer to 12-15%, which could swing heavily with economic downturn. It's hard to say."}
{"_id": "201280", "title": "", "text": "Banks do of course incur costs on currency transactions. But they're not as high as the fee charged to the customer. Most banks in most places lose a lot of money on operating bank accounts for customers, and make the money back by charging more than their costs for services like currency exchange. If you don't choose to pay those fees, use an online service instead. But bear in mind that if everyone does so then banks will be forced to charge higher fees for current accounts."}
{"_id": "201294", "title": "", "text": "The experience I have with wire transfers is from Australia to the US. These transfers can take up to 5 business dates (i.e. a whole week including the non-business days of the weekend). I would have thought intra-European transfers would be quicker, given how behind most US (regional) banks are in their electronic transfers. However, I don't think you should be worried just yet."}
{"_id": "201302", "title": "", "text": "Another, completely different way to look at your huge mistake: It's not a huge mistake. You're getting your money out of a restricted account.  You're paying taxes now (plus an extra tax of 10%) to regain some of your privacy of where you're putting your money. You're paying up now as a trade-off to paying much later, when the rules can be completely different and the tax rates much higher. You're deciding not to put the money into another restricted account, which has yearly reporting requirements to the IRS above and beyond those required with taxable earnings. It's a cost-benefit analysis whether you roll your money over to an IRA account or not.  You hear about the benefits a lot more often than you hear about the costs, which it what I'm introducing you to with my answer."}
{"_id": "201317", "title": "", "text": "Are these calculations correct? These are approximate calculations and are with the assumption that entire corpus will be taxed. The assumption was valid as the wording in the budget speech was not very clear. Subsequently the finance ministry has clarified that only interest generated will be taxed and not the contribution. There are no new calculations done with this assumption. Edit: As per communication from finance ministry this proposal is on hold."}
{"_id": "201326", "title": "", "text": "I have a hard time giving them a P/E higher than 25 on the absolute top end. Given current numbers, that takes another ~60% off their share price putting them right around $10. Now... that's my top end estimate, I'd probably be willing to buy right around $8.  In order to support the IPO price, the models I've seen come in at projecting an average growth rate of 40% YoY for the next 5 years. If FB pulled that off, they'd be growing ~5X over the next 5 years (once compounded). As it stands, they've got 900B+ users. Doubling that would require a significant number of new people to start coming on line - 5x that would be impossible.  So... next option... They figure out how to monetize existing users/traffic better. It's possible - they don't do a very good job with this as it stands, but they've got a fine line to walk. They need to pull it off without driving users, or advertisers, away.  Suppose they were able to double their user base. They'd still need to do ~2.5x better per user to make the numbers. This doesn't take into account that the next billion users are significantly less valuable as an audience than the first billion. (Not in human terms, but in financial/marketing terms.)  I'm willing to give them a 20% growth rate for the next 5 years. That'd put them at a bit better than 2.5x over that time. It's still a stretch. That should put them in the same P/E range as GOOG (currently trading at a P/E of 17ish).  Any price higher than $10/share at this point is gambling on their ability to crack monetization. The higher you go, the higher you think the odds are.  One last thing I'd keep in mind. Most of the early employees with options are locked out of selling for the first 6 months after the IPO. There's a fairly large number of shares that will become available when that time is up. I'm curious to see how many of the early employees call in rich and go start new companies. (Think about what happened to paypal after being sold to ebay - yelp, youtube, and others all came out of the early employees.) I'd be watching the quarterly reports through the quarter ending 12/31. The numbers at that point will give a better gauge of a proper valuation. I absolutely wouldn't hold shares of FB during the period when employees first have their chance to cash their lottery tickets."}
{"_id": "201334", "title": "", "text": "One of my least favorite parts of mcdonalds is the way the kitchen looks. I hate that all of the machines just look so strange. So many odd looking stainless steel chutes and slides, and sick looking yellow trays that keep getting getting pulled out with meat and put back in.  And the noise coming out of the kitchen is so bizarre. It sounds like a Friday night in the ICU. Machines blinking and alarms blaring out. What the hell is going on? It seems like going to the food factory instead of a restaurant.  One thing I never see is a grill or any other normal kitchen appliance type thing, except for the fryer. That said I do have a burger and some nuggets once in a while but every time it seems a bit surreal. I wish they would make the kitchen at least seem appealing."}
{"_id": "201355", "title": "", "text": "1031 is a section of the U.S. Internal Revenue Service Code that allows investors to defer capital gains taxes on any exchange of like-kind properties for business or investment purposes. Taxes on capital gains are not charged on the sale of a property if the money is being used to purchase another property - the payment of tax is deferred until property is sold with no re-investment."}
{"_id": "201361", "title": "", "text": "\"I assume that mutual funds are being discussed here. As Bryce says, open-ended funds are bought from the mutual fund company and redeemed from the fund company.  Except in very rare circumstances,  they exist only  as bits in the fund company's computers and not as share certificates (whether paper or electronic) that can be delivered from the selling broker to the buying broker on a stock exchange. Effectively, the fund company is the sole market maker: if you want to buy, ask the fund company at what price it will sell them to you (and it will tell you the answer only after 4 pm that day when a sale at that price is no longer possible unless you committed to buy, say, 100 shares and authorized the fund company to withdraw the correct amount from your bank account or other liquid asset after the price was known).  Ditto if you want to sell: the mutual fund company will tell you what price it will give you only after 4 pm that day and you cannot sell at that price unless you had committed to accept whatever the company was going to give you for your shares (or had said \"\"Send me $1000 and sell as many shares of mine as are needed to give me proceeds of $1000 cash.\"\")\""}
{"_id": "201370", "title": "", "text": "\"I agree completely.  \"\"I don't always agree with John Cochrane, but when I do, I agree completely.\"\"  I think heavy reliance on either approach to pricing is generally a bad idea.  Equilibrium models always include something that you're supposed to inherently know, but never do.  No-arbitrage models don't necessarily *say* anything that you don't (in some mathematical sense) already know.  So you're either stuck with unknown parameters, or you can't explain why you're something is worth what you say it is beyond, \"\"Herp derp, other people are doing it.\"\"  So I think if buy-side people made some use of no-arbitrage models, they'd have a better understanding of the parameters they're making up, and if sell-side people sometimes used equilibrium models, they'd have a better grasp of what's going on economically.  Also, it would have the beneficial effect of reminding people that their models are always wrong, even if they're frequently useful.\""}
{"_id": "201378", "title": "", "text": "Reading that fallacy: it says that the money could have been spent elsewhere rather than here to possibly greater benefit. In this case it's the full tax revenue that the state declined to take (which is he tax break). So I don't really see the point when that revenue will possibly not even exist."}
{"_id": "201391", "title": "", "text": "\"I can't find a decent duplicate, so here are some general guidelines: First of all by \"\"stocks\"\" the answers generally mean \"\"equities\"\" which could be either single stocks or mutual funds that consist of stocks. Unless you have lots of experience that can help you discern good stocks from bad, investing in mutual funds reduces the risk considerably. If you want to fine-tune the plan, you can weigh certain categories higher to change your risk/return profile (e.g. equity funds will have higher returns and risk than fixed income (bond) funds, so if you want to take a little more risk you can put more in equity funds and less in fixed income funds). Lastly, don't stress too much over the individual investments.  The most important thing is that you get as much company match as you can.  You cannot beat the 100% return that comes from a company match. The allocation is mostly insignificant compared to that.  Plus you can probably change your allocation later easily and cheaply if you don't like it. Disclaimer:  these are _general_ guidelines for 401(k) investing in general and not personal advice.\""}
{"_id": "201409", "title": "", "text": "You are right, there is a lot to be said for Europe right now: that they have been delusional for decades, and that now it has finally caught up to them. Why on earth would we want to emulate a continent that has had economic problems so massive they have led to riots? Is your solution really to force broke people to take vacations? How will that lead to economic prosperity?"}
{"_id": "201415", "title": "", "text": "\"Until you get some financial education, you will be vulnerable to people wanting your money.  Once you are educated, you will be able to live a tidy life off this-- which is exactly why this amount was awarded to you, rather than some other amount.    They gave you enough money.  This is not a lottery win.  I mean \"\"financial counselors\"\" who will want to help you with strategies to invest your money.  Every one will promise your money will grow.   The latter case describes every full-service broker, e.g. what will happen if you walk into EdwardJones.  This industry has a long tradition of charmingly selling investments which significantly underperform the market, and making their money by kickbacks (sales commissions) from those investments (which is why they significantly underperform.)   They also offer products which are unnecessarily complex meant to confuse customers and hide fees. One mark of trouble is \"\"early exit\"\" fees, which they need to recoup the sales commission they already paid out.  Unfortunately, one of those people is you.  You are treating this like a windfall, falling into old, often-repeated clich\u00e9 of \"\"lottery-win thinking\"\".  \"\"Gosh, there's so much money there, what could go wrong?\"\"  This always ends in disaster and destitution, on top of your other woes.  It's not a windfall.  They gave you just enough money to live on - barely. Because these lawyers and judges do this all day every day, and they know exactly how much capital will replace a lifelong salary, and if anything you got cheated a bit.  Read on.   You don't want to feel like greedy Scrooge, hoarding every penny.  I get that.  But generous spending won't fix that.  What will is financial education, and once you have real understanding and certainty about your financial situation, you will be able to both provide for yourself and be giving in a sensible manner.   This stuff isn't taught in school.  If it was, there'd be a lot more millionaires, because wealth isn't about luck, it's about intelligent management of money.  Good advisers do exist. They're hard to find.  Good advisors work only one way: for a flat rate or hourly fee.  This is called a \"\"Fee-only advisor\"\".  S/he never takes commissions.  Beware of brokers who normally work on commission but will happily take an upfront fee.  Even if they promise to hand you their commission check, they're still recommending you into the same sub-par investments because that's their training! I get the world of finance is extremely confusing and it's hard to know where to start.  Just make one leap of faith with me: You can learn this.  One place it's not confusing: University endowments.  They get windfalls just like you, and they need to manage it to support them for a very long time, just like you.  Endowments are very closely watched by the smartest people in finance -- no lottery fever here. It's agreed by all that there is one best way to invest an endowment.  And it's mandatory by law.  An endowment is a chunk of money (say, $1.2 million) that must fund a purpose (say, a math professorship or \"\"chair\"\") in perpetuity.  You're not planning to live quite that long, but when you're in your 20's, the investment strategy is the same.  The endowment is designed to generate income of some amount, on average, over the long term.  You can draw from the endowment even in \"\"down years\"\".  The rule of thumb is 4-6% is a sustainable rate that won't overtax the endowment (usually, but you have to keep an eye on it). On $1.2M, that's $48,000 to $72,000 per year.  Not half bad.  See, I told you it could work.  Read Jane Austen?  Mister Darcy, referred to as a gentleman of 10,000 pounds -- meaning his assets were many times that, but they yield income of \u00a310,000 a year.  Same idea.  Keep in mind that you need to pay taxes. But if you plan your investments so you're holding them more than a year, you're in the much lower 0-10-15% capital gains tax bracket.  So, here's where I'd like you to go.   I would say more, but this will give you quite an education by itself.  Say you gave all your money to me.  And said \"\"Your nonprofit needs an executive director. Fund it. In perpetuity.\"\"  I'd say \"\"Thank you\"\", \"\"you're right\"\", and I'd create an endowment and invest it about like this.  That is fairly close to the standard mix you'll find in most endowments, because that is what's considered \"\"prudent\"\" under endowment law (UPMIFA). I'd carry all that in a Vanguard or Fidelity account and follow Bogle's advice on limiting fees.  That said, dollar-cost-averaging is not a suicide pact, and bonds are ugly right now (for reason Suze Orman describes) and real estate seems really bubbly right now... so I'd back out of those for now.   I'd aim to draw about $60k/year out of it or 5%, and on average, in the very long term, the capital should grow. I would adjust it downward somewhat if the next few years are a hard recession, to avoid taking too much out of the capital... and resist the urge to take more out in boom years, because that is your hedge against the next recession. Over 7% is not prudent per the law (absent very reasonable reasons). UPMIFA doesn't apply to you, but I'd act as if it did.  A very reasonable reason to take more than 7% would be to shift investment into a house for living in.  I would aim for a duplex/triplex to also have income from the property, if the numbers made sense, which they often don't in California, but that's another question.  At your financial level -- never, never, never give cash to a charity.  You will get marked as a \"\"soft target\"\" and every commercial fundraiser on earth will stalk you for the rest of your life. At your level, you open a Donor Advised Fund, and let the Fund do your giving for you.  Once you've funded it (which is tax deductible) you later tell them which charities to fund when.  They screen out fake charities and protect your identity. I discuss DAFs at length here.  Now when \"\"charities\"\" harass you for an immediate handout, just tell them that's not how you support charities.\""}
{"_id": "201423", "title": "", "text": "How is this Obama's fault? Also, it doesn't mean the economy isn't recovering. I love how Republicans complain he hasn't fixed the massive problem caused by them fast enough. It's like lighting your house on fire and blaming the firefighters for not putting it out fast enough."}
{"_id": "201435", "title": "", "text": "\"You are the troll. The simple true story here, not reported by fake-news mass media, is that Trump does not give those business leaders what they want and does not cave-in to their lobbying, so they leave.  Trump see what those \"\"councils\"\" are all about and dismantle them.\""}
{"_id": "201447", "title": "", "text": "Of course credit cards are viewed as credit. If you're using money on a credit card, you are not directly paying for your transactions on goods/services immediately: this is the act of borrowing credit to pay for them. Debit cards, on the other hand, work where the funds are taken from an account immediately (or subject to a small delay - but usually no more than 24 hours - depending on various factors). You should never miss credit card payments, as that will affect your credit rating. If you have unpaid money on your card this is debt - plain and simple. But to answer your question succinctly - yes, credit cards are a form of credit, as the name suggests. When you apply for a mortgage any unpaid credit (debt) is considered and would adversely affect you if you have such debts. The level to which it affects you depends on the amount of debt. This is how it works in the UK, but to my knowledge it is the same in the US and most other countries. Please clarify if you think this is incorrect."}
{"_id": "201484", "title": "", "text": "Shit article that displays the author has no farming idea of how Warren Buffet operates.    The man has metrics that tell him when shares are too expensive. When this happens, he doesn't buy, and dividends can tend to accumulate when you have almost $500 billion in assets (which could just be 2 years of 5% dividend yields).   If they are expensive, he won't buy, and money will accumulate. When there is a crash, he buys on the cheap. That how you get 23% of Year-on-year gains for 40 years.   The fact that he is not buying does indicate that the market is overvalued, which is consistent with the fact that there is still a substantial amount of QE. The question is: what will happen as the Fed winds it down. They are aiming for a small decrease or leveling out of the stock market. If that happens, and the market stagnates for a couple of years, maybe the metrics will catch up and he will buy again without a crash happening."}
{"_id": "201495", "title": "", "text": "You will maximize your expected wealth by investing all the money you intend to invest, as soon as you have it available. Don't let the mythos of dollar cost averaging induce you to allocate more much money to a savings account than is optimal.  If you want the positive expected return of the market, don't put your money in a savings account.  That's especially true now, when you are certainly earning a negative real interest rate on your savings account. Dollar cost averaging and putting all your money in at the beginning would have the same expected return except that if you put all your money in earlier, it spends more time in the market, so your expected return is higher.  Your volatility is also higher (because your savings account would have very low volatility) but your preference for investment tells me that you view the expected return and volatility tradeoff of the stock market as acceptable. If you need something to help you feel less stress about investing right away, think of it as dollar cost averaging on a yearly basis instead of monthly.  Further, you take take comfort in knowing that you have allocated your wealth as you can instead of letting it fizzle away in real terms in a bank account."}
{"_id": "201498", "title": "", "text": "Well, I know why the Rabobank in the Netherlands does it. I can go back around one year and a half with my internet banking. But I can only go further back (upto 7 years) after contacting the bank and paying \u20ac5,- per transcript (one transcript holds around a month of activities).  I needed a year worth of transcripts for my taxes and had to cough up more than \u20ac50. EDIT It seems they recently changed their policy in a way that you can request as many transcripts as you like for a maximum cost of \u20ac25,- so the trend to easier access is visible."}
{"_id": "201500", "title": "", "text": "529 Plans must be sponsored by a state.  There are sometimes several plans sponsored by a state, but the trick is picking the plan with the lowest costs, just like any investment account. Clark Howard has a nice guide and recommendations for picking 529 plans.  If you live in a state on his honor roll, invest in that state plan for extra tax benefits.  If you don't, invest in one of his dean's list plans. You may invest in any plan from any state you like.  You can buy the plan directly without the expense of a broker.  Put the plan in your name and name the student as a beneficiary, do NOT put the plan in the student's name.  This will help out when it comes time to apply for financial aid."}
{"_id": "201530", "title": "", "text": "Burger.   King.   Fans.  What the fuck. I thought people only ate that garbage out of desperation of sheer laziness. I never would have guessed anyone actually considered themselves a fan, much less had anything less than mild queasiness."}
{"_id": "201546", "title": "", "text": "\"According to this discussion, there was a Tax Court ruling that likened deductibility for charitable giving by credit card to business expenses incurred by businesses operating under cash-basis accounting.  (The point is made by Larry Hess on that site.) Short answer: According to this argument, you can claim the deduction when the charge is incurred.  You don't have to wait until you pay it back.  (Again this is for cash basis.) Publication 538 states that \"\"under the cash method of accounting, you generally deduct business expenses in the tax year you pay them.\"\"  I think the ruling above was meant to clarify when the expense is \"\"paid\"\".  In my totally unofficial opinion, I suppose this makes sense.  If I go to Office Depot to buy a box of envelopes, I walk out with the envelopes at the same time regardless of whether I paid cash or swiped a credit card.  I wouldn't walk out thinking: \"\"HA!  I haven't actually paid for these yet.\"\"  If the shoplifting alarm went off at the door and I was asked if I had bought those, I'd say yes, right? If this doesn't convince you, you can always get professional tax advice.\""}
{"_id": "201551", "title": "", "text": "\"It's scary how unaware many people are of these \"\"tricks\"\" and it seems with technology this is going to become worse.  That said, I don't agree we can assume a government will be the solution other than necessary slow down due to bureaucracy. We need something else, perhaps new. Whatever it is, it needs to have the right incentives.\""}
{"_id": "201557", "title": "", "text": "It's secret so that it can't be torpedoed by politics while in the negotiation process. It has to be voted on by Congress before it can become law, at that point every word of the agreement will be public and available for everybody.   The idea is that they can negotiate in good faith without taking political flak at home that prevents any real deal from being reached. Once the agreement is finalized, then Congress and the public will have the opportunity to review the agreement in full before it becomes law. This is standard procedure for complex trade deals."}
{"_id": "201561", "title": "", "text": "You could use Bitcoin. Bitcoin is THE fee-killer. I haven't used US and China exchanges, but you can connect your US bank account to Coinbase, buy bitcoins, transfer to BTCChina, and sell for CNY. There are many other options to convert from and to Bitcoins, but Coinbase seems to be most practical and most widely used in the US and BTCChina is the largest and probably most trusted exchange in China. You can also use LocalBitocoins for both buying and selling, but people on LocalBitcoins typically charge larger fees than exchanges, though this may vary. Please read a bit about Bitcoin before using it, and be aware of the risks. It's still very new (but revolutionary and very easy and fast to move internationally). Try with a small amount first to check it out. Your electronic wallet can be stolen, and you're exposed to certain risks of exchanges shutting down or government/banks stepping over their boundaries. One nice thing is that you probably won't be affected by volatility as you won't be holding bitcoins for long. Also be aware that the Chinese don't like capital leaving China and there is a possibility that China government will introduce further regulations on exchanges (though they have stated that buying, selling and owning bitcoins is legal). You're doing the opposite, importing money into China, but you'll probably feel it in one way or the other. P.S. Approximate fast fee calculation: Coinbase has 1% transaction fee + $0.15 bank fee. Bitcoin transfer is free or in some cases with minimal 0.0001 BTC fee (a bit less than $0.01 currently). BTCChina has 0.3% trading fee and 0.5% CNY withdrawal fee. As you can see, the main fees are exchange fees, but still less than 3% and if you find a good exchange combination with low fees you're golden, or might even make money on transaction if BTC price rises. Also check this Reddit thread - there are alternative China exchanges with lower fees. P.P.S. Found this blog post, maybe a bit outdated, but probably with better calculation than mine as it takes into account exchange prices."}
{"_id": "201627", "title": "", "text": "With the inclusion of mobility, industrial internet and cloud coupled with Industry 4.0 framework ITC Infotech\u2019s Supply Chain practice achieves transformational results for clients. A perfected mix of digitaligence, industry best practices and the latest supply chain and cloud solutions, helps reduce manufacturing lead times, increase asset utilization, streamline processes and facilitate better collaboration with partners and suppliers."}
{"_id": "201628", "title": "", "text": "\"As a car guy, I wouldn't spend 27 large on anything that wasn't \"\"special\"\" - you'll be looking at for at least the duration of the loan and for me it'll better be very special lest I get bored with it during that time. But that's just me. If you want a transport appliance - spend around $5k-$7k on a decent used vehicle, pay it off within a couple of years or less and keep throwing money at your downpayment. Now if you have any student loan debt, buy a $3k car, learn how to fix it if necessary and pay off the millstone, err, student loan ASAP.\""}
{"_id": "201644", "title": "", "text": "Christian Ventures is a professional SEO consultant Florida that provides business SEO, reputation management, social media and complete online marketing services. Choose right Florida SEO company from professionals that understand your industry and what your business needs to rank high locally. For more information call us on (727) 906 2943."}
{"_id": "201652", "title": "", "text": "The instructions for Form W-7 include a table of exceptions to the requirement to attach a tax return.  It looks like you might fall under Exemption 2a, but I don't think there's quite enough information in your question to be sure. The current instructions are here: https://www.irs.gov/pub/irs-pdf/iw7.pdf The table of exceptions runs from page 7 to page 9, so I won't try to reproduce it here."}
{"_id": "201658", "title": "", "text": "No, you don't have to have the money deducted from your paycheck. The IRS doesn't get a copy of your paycheck anyway. When you file your annual tax return (form 1040), there's a line there to write down the amount you contributed to the IRA. In fact, you can contribute to the IRA after the year ended, until the Tax Day of the next year, so that you can make sure your contribution will actually be deductible (not always they are). The IRA custodian (the brokerage firm/bank where you opened the IRA account) will provide you with a deposit confirmation and form 5498. A copy of form 5948 is also sent to the IRS."}
{"_id": "201675", "title": "", "text": "The US Gov't spends $0.9T on the military, they borrow $1.9T (on top of the $2.3-$2.4T they raise in taxes each year)... so, no.  Should we cut military spending? Yes, absolutely. But it won't come close to closing the deficit."}
{"_id": "201679", "title": "", "text": "Mutual Funds are relatively evaluated and this is likely what you want.  Your answer is likely the information ratio.  If your interested, Active Portfolio Management by Grinold, Kahn is probably a good book to read.  That  being said, hedge funds will generally have absolute mandates and will be more likely to use a sharpe ratio."}
{"_id": "201705", "title": "", "text": "\"...instead of all of us draining our money into a landlord... Instead, you are suggesting that still everyone (except you) will drain their money into a landlord, just that now the landlord is you.  I guess what that really means is that you will need to have landlord tenant agreements between you and your roommates. When things break or need replacing you'll have to foot the bill and as your tenants, your \"\"roomies\"\" might not be too forgiving when things need fixing. When the fridge breaks down, you'll have to buy a new one immediately. Yard work is your sole responsibility, unless you offer discounted rent or other perks. What about service bills: energy, water, sewage, internet, television, etc?\""}
{"_id": "201706", "title": "", "text": "Market cap should be share price times number of shares, right? That's several orders of magnitude right there..."}
{"_id": "201714", "title": "", "text": "Ohhhh. Well thank you for that info. I know I could've Googled it all and while I'm a sticker for doing your own research, it's nice to hear it from someone in the know. Gotta pass on knowledge to those who don't know. Is it cheap to buy an ETF?"}
{"_id": "201720", "title": "", "text": "This is the worst part as far as I'm concerned. I fault Congress, not Apple, for failing to halt expatriation; but the fact that all of that capital is parked in cash equivalents while the national and works economy recovers is unceasingly painful. Imagine if $117B of found capital went into munis, what effect that would have. Pipe dream, though."}
{"_id": "201724", "title": "", "text": "People need money, and any money is better than no money. Wal-Mart will hire desperate people, because those desperate people are less likely to complain or have pro-Union sentiments.  The point of the article is to show that while WM employs a lot of people, they pay them so little that they are forced to use government aid.  Wal-Mart is transferring the cost of labor onto the taxpayers. This should make you upset."}
{"_id": "201729", "title": "", "text": "I am actively against uber and would love to send some info to other people as well but that list is ridiculous. One of the items near the top is the fact that the service tracks your pickup and drop-off location. That will make 99% of every day people stop reading immediately. That is the entire point of the service. There are hundreds of other real reasons to not use them. Stallman is great but this article is no good for the vast majority of uber users."}
{"_id": "201731", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-16/a-crazy-stock-market-is-punishing-sellers) reduced by 92%. (I'm a bot) ***** &gt; Even Richard Thaler, who won a Nobel Prize last week for explaining how irrationality drives financial markets, said on Bloomberg Television he couldn&amp;#039;t understand why stocks keep going up now.  &gt; Almost as quickly, the markets roared back and jolted investors out of their crisis-era fatalism.  &gt; The hazards of market timing were illustrated by a Bank of America Corp. study last year, which showed that missing the very end of a bull market often means missing a quarter of its gains.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76t6ni/a_crazy_stock_market_is_punishing_sellers/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229377 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **market**^#1 **investor**^#2 **More**^#3 **stock**^#4 **new**^#5\""}
{"_id": "201736", "title": "", "text": "What is a good resource to learn about options trading strategies? Options are a quite advanced investment form, and you'd do well to learn a lot about them before attempting to dive into this fairly illiquid market. Yale's online course in financial markets covers the Options Market and is a good starting point to make sure you've got all the basics. You may be familiar with most of it, but it's a decent refresher on lingo and Black-Scholes. How can I use options to establish some cash flow from long standing investments while minimizing capital gains expenses? This question seems designed to get people to talk about covered calls. Essentially, you sell call contracts: you let people buy things you already have at a price in the future, at their whim. They pay you for this option, though usually not much if the options aren't in the money. You can think of this as trading any return above the call option for a bit of extra cash.  I don't invest with taxable accounts, but there are significant tax consequences for options. Because they expire, there will be turnover in your portfolio, and up front income when you take the sell side. So if you trade in options with close expiration dates, you'll probably end up with a lot of short-term capital gains, which are treated as normal income. One strategy is to trade in broad-based stock index options, which have favorable tax treatments. Some people have abused this though to disguise normal income as capital gains, so it could go away. Obviously the easy approach is to just use a tax advantaged account for options trading. An ETF might also be able to handle the turnover on your behalf, for example VIX is a series of options on S&P500 options. A second strategy I've heard of is buying calls and puts at a given strike price. For example, if you bought Dec '13 calls and puts on SPX @ 115 today, it would cost you about $35 dollars. If the price moves more than 35 dollars away from 115 by DEC '13 (in either direction), you've made a profit. If you reflect on that for a bit, you'll see why VIX is considered a volatility index. I guess I should mention that shorting a stock and buying a put option at the market price are very similar, with the exception that your loss is limited to the price of the option.  Is there ever an instance where options investing is not speculative? The term 'speculative' is not well defined. For many people, the answer is no. It's very easy to just buy put options and wait for prices to fall, or call options and wait for prices to rise. Moreover, the second strategy above essentially gives you similar performance to a stock without paying full price. These all fall under the headline of increasing a risk portfolio rather than decreasing it, which I figure is a decent definition of speculation. On the other hand, there are ways to use options minimize risk rather than increase it. You can buy underwater options as portfolio insurance, if your portfolio drops below a certain amount, you still have the right to sell it at a higher one. And the Case-Schiller index is run in part, on the hopes that one day there might be a thriving market for real estate options (or futures). When you buy a home or lend money to someone to buy one, you could buy regional Case-Schiller options to protect you if the regional market tanks. But in all of these cases, it's required for someone else to take the opposite trade. Risk isn't reduced, it's traded around. So technically, there is a speculative element to these as well. I think the proper question here is whether speculation is present, but whether speculation can be put to good ends. Without speculators, the already very thin market for options would shrivel faster."}
{"_id": "201748", "title": "", "text": "\"The odd thing about primary school education (that I hear from talking to teachers) is that the materials used in the classroom are all bought under some sort of district wide (or even state wide, in the case of texas) decision for which program to use. For reading they generally include a set of books (or single book) with a sequence of things to be taught. Teacher's who've been teaching for a long time will know which series has useful properties for teaching the material. They might refer to them by names, but it really just comes down to a set of materials and sequence of introducing material. When one teacher says to another \"\"I used $X to supplement the required $Y\"\" it'd be like a software engineer saying \"\"I used a hash map instead of a map for that case because it had better performance for the use case\"\" - there's a fair amount of baggage in the statement, but another software engineer would understand the differences and know what tradeoffs were being made.  As to the \"\"Master's in Reading\"\" - there's a lot of goofy degrees offered through the Education departments at state schools. A large part of it is because the union pay scales include things like education level. They tend to be equivalent to any terminal masters program you'd find in other subjects - including MBA. \"\"Take these classes - part time and summers over the next 3 years, and if you pass them all, we give you a piece of paper that says \"\"Masters of Education - Reading\"\" or similar. It comes down to something like 45 credit hours with a focus on something.  &gt; Basically he/she just wants to \"\"work a program\"\" (by a semi-mindless rote) and is really only pissed because the programs keep being changed on them.  I actually doubt that. It's going to come down to the sets of materials they have available for teaching. Some work, some don't. The structure of the system discourages improvisation, unfortunately, and the teachers often feel that they have their hands tied.\""}
{"_id": "201758", "title": "", "text": "\"Step one: Contact the collection agency. Tell them that they have the wrong person, and the same name is just a coincidence. I would NOT give them my correct social security number, birth date, or other identifying information. This could be a total scam for the purpose of getting you to give them such personal identifying information so they can perform an identity theft. Even if it is a legitimate debt collection agency, if they are overzealous and/or incompetent, they may enter your identifying information into their records. \"\"Oh, you say your social security number isn't 123-45-6789, but 234-56-7890. Thank you, let me update our records. Now, sir, I see that the social security number in our records matches your social security number ...\"\" Step two: If they don't back off, contact a lawyer. Collection agencies work by -- call it \"\"intimidation\"\" or \"\"moral persuasion\"\", depending on your viewpoint. Years after my wife left me, she went bankrupt. A collection agency called me demanding payment of her debts before the bankruptcy went through. I noticed two things about this: One, We were divorced and I had no responsibility for her debts. Somehow they tracked down my new address and phone number, a place where she had never even lived. Why should I pay her debts? I had no legal obligation, nor did I see any moral obligation. Two, Their pitch was that she/I should pay off this debt before the bankruptcy was final. Why would anyone do that? The whole point of declaring bankruptcy is so you don't have to pay these debts. They were hoping to intimidate her into paying even though she wouldn't be legally obligated to pay. If you don't owe the money, of course there's no reason why you should pay it. If they continue to pursue you for somebody else's debt, in the U.S. you can sue them for harassment. There are all sorts of legal limits on what collection agencies are allowed to do. Actually even if they do back off, it might be worth contacting a lawyer. I suspect that asking your employer to garnish your wages without a court order, without even proof that you are responsible for this debt, is a tort that you could sue them for.\""}
{"_id": "201769", "title": "", "text": "Yes, it should be. As, where one has insurance, its an expense one would expect one to continue to incur in a normal budgetary emergency, even drop in the extreme."}
{"_id": "201770", "title": "", "text": "Well, the author *could* be right, but not necessarily for the reasons cited.    Several states, including California and Nevada, recently changed their laws to slow down the foreclosure process and protect borrowers.  It took lenders/servicers awhile to figure out how to work within the new legal structure, so foreclosure starts fell during that time.  Now they've got it figured out, so filings went up.  It doesn't mean the sky is falling.  If the economy keeps improving, that will temper potential defaults due to, well, unemployment and HELOC expirations causing higher mortgage payments.    There's not a lot of available inventory right now (investors have been converting short sale and foreclosed properties to rentals) so there is some pent-up demand.  If credit availability is increased by the FICO score reducing the hit for lates and defaults on medical expenses, more people will be eligible to buy a house and that will reduce foreclosure rates.    There's a lot of moving parts here, and this story only focused on a small section so take it with a grain of salt.  And remember:  if the author could really predict the future, he wouldn't be making a living as a writer for the New Republic.  edit: for clarity"}
{"_id": "201771", "title": "", "text": "As @littleadv and @DumbCoder point out in their comments above, Bloomberg Terminal is expensive for individual investors.  If you are looking for a free solution I would recommend Yahoo and Google Finance. On the other side, if you need more financial metrics regarding historic statements and consensus estimates, you should look at the iPad solution from Worldcap, which is not free, but significantly cheaper then Bloomberg and Reuters. Disclosure: I am affiliated with WorldCap."}
{"_id": "201794", "title": "", "text": "Suppose you're writing a put with a strike price of 80. Say the share's(underlying asset) price goes down to 70. So the holder of the put will exercise the option. Ie he has a 'right to sell' a share worth 70 for rs 80. Whereas a put option writer has an 'obligation to buy' at rs 80 a share trading at rs 70. Always think from the perspective of the holder. If the holder exercises the option, the writer will suffer a loss. Maximum loss he suffers will be the break even FSP, which is Strike price reduced by the premium paid.. If he doesn't exercise the option the writer will make a profit, which can maximum be the put premium received."}
{"_id": "201797", "title": "", "text": "There is a mathematical way to determine the answer, if you know all the variables. (And that's a big if.) For example, suppose you rent for 4 years and the price of rent never increases. The total amount you will have paid is: 600*48 = 28,800. If you currently have money sitting in the bank earning only a negligible amount of interest, and you can purchase the house for X, and then sell it for exactly what you paid 4 years from now, and you have 0 expenses otherwise, then purchasing it will save you 28,800 compared to renting. Obviously that makes some assumptions which are not possible. Now you need to calculate the variables: All of these variables can drastically effect the profit margin, and unfortunately they will vary greatly depending on your country, location, and the condition of the home. Once you estimate each of the variables, it's important to realize that if you purchase, your profit or loss can swing unexpectedly in either direction based on appreciation/depreciation which can be difficult to predict, in part because it is somewhat tied to the overall macro-economy of where you live (state or country). On the flip side, if you rent, it's pretty easy to calculate your cost as approximately 28,800 over 4 years. (Perhaps slightly more for modest rent increases.) Lastly, if you elect to purchase the house, realize that you're investing that money in real estate. You could just as easily rent and invest that money elsewhere, if you want to choose a more aggressive or conservative investment with your money."}
{"_id": "201799", "title": "", "text": "You start taking on some big risks when go to absolute zero. Unlike your plane analogy, you don't have to fly or not fly - you can opt to take a safer hybrid form of transit. Or to extend the analogy: now you're driving or walking instead of flying, which, per mile traveled, is statistically more risky, even if the plane 'feels' and 'looks' riskier.  Consider reading up a bit on the risks of all-cash/bonds (including: shortfall and inflation). Yes, real estate is a hedge, but most of your portfolio is still exposed to inflation. Why not also buy some Treasury Inflation-Protected Securities via a bond fund? Why not put 25% in the stock market to help do well when the markets do well?  I think if you do some reading on this you'll find yourself shocked at the risks of being all-cash. FWIW, I'm a relatively conservative voice on investing subreddits - the guy who is usually saying 'hey be sure to keep some bonds!.' So I'm all about a safe/balanced portfolio, but tilt too far in either direction and you take on more risk, not less.  You mentioned a pension and real estate. Those are presumably good inflation hedges and relatively stable holdings. The pension especially suggests you can take more stock risk, since you have that stable, bond-like holding.  The weirdest thing to me is that you would be 'all in' during the good times. If you're this risk adverse when you see warning signs, I'm curious: were you 100% stocks before? Totally on/off like that seems kinda intense."}
{"_id": "201800", "title": "", "text": "This is obviously hearsay because I can't remember the sources at all, but I recall hearing that at that company's chains, they also would take the credit card fee out of the worker's tips. so if you used a card and there's a 2.5% fee, they'd take that amount out of your waiter's tips.  Isn't that nice?  Random citations that make it less hearsay:  http://blog.cleveland.com/pdextra/2008/09/some_restaurant_owners_say_its.html   http://blogs.citypages.com/food/2011/10/parasole_restaurants_dipping_into_tip_jar_taking_2_of_wait_staffs_credit_card_tips.php   http://www.tip20.com/restaurant-chain-drops-plan-taking-credit-card-fees-out-of-tips/38  &gt;The tip plan, first reported by the Arkansas Democrat-Gazette, called for passing along part of the debit and credit card fees \u2014 about 3 percent of tips on average. That would have meant a waiter would collect $19.40 out of a $20 tip.  http://www.care2.com/causes/restaurant-chain-takes-banking-fees.html   http://restaurants.about.com/b/2008/01/29/employer-takes-servers-tip-money-to-pay-for-credit-card-fees.htm"}
{"_id": "201805", "title": "", "text": "No, but I will check it out. It's always wise to pay attention to what others think. But to me there are just too many issues, any one of which could cause major problems.   I left off a big one. We are statistically overdue for a recession. That alone can cause one."}
{"_id": "201812", "title": "", "text": "The organization gives the best Corporation enlistment administrations.  You can discover numerous associations that assistance in applying any sort of Business Organization or even a Delaware LLC and Same day company formation on the web, and all it demands from the customer is to finish a shape on their web page. The claim on their web page says that you can incorporate online in a few minutes, and you will get the exchange check inside 24 hours."}
{"_id": "201828", "title": "", "text": "\"Tears of joy.  This has been great for the GoP.  I love watching him do the exact opposite of his promises and the total ineptitude at passing any meaningful legislation.  Then listen to his fans cover their ears and shout \"\"ha ha, we won you lost\"\".      What exactly do you think you've won?  That's hilarious to me.\""}
{"_id": "201833", "title": "", "text": "Ah, then we have fundamentally opposed views. I think there is a common leadership skill that one can develop. A skill that entails communicating with stakeholders, negotiating goals, developing a strategy, and leading an organization to accomplish said goals.  You do not think this is its own skill?"}
{"_id": "201844", "title": "", "text": "\"Right. My wife and I were talking about it and she asked me, \"\"Dave, do you think that women and men can ever have a 100% completely platonic relationship?\"\" She didn't believe it was possible. And then I told her about Pam.  She thought it was weird too.\""}
{"_id": "201856", "title": "", "text": "\"This is going to vary from insurer to insurer, and likely year to year.  Typically an insurer will set what it calls the guaranteed rate of return for whole life policies and will allow you to take loans against the cash value of your policy at some adjustment to that rate.  Also typically you pay the interest back to yourself less some small administrative fee. Some insurers have whole life policies called something along the lines of an \"\"accelerated cash value\"\" policy or a \"\"high early cash value\"\" policy, stick to these ones.  The commission structure is less favorable to the agent/broker but much more of your premium is recognized as cash value earlier. The benefit (for lack of a better word) to taking a loan against your own cash value over taking a loan from a bank is the severely reduced process.  There's no underwriting for your loan like there would be from a bank.  If you're laid off maybe you can't get a loan from a bank but you can scoop some money out of your policy on a loan basis or alternatively you can just surrender the policy and take the accrued cash value. Many people will poo-poo the value of whole life, but fact of the matter is your underwriting status can change in the course of your life and it's possible that in the future you won't be able to buy any life insurance.  There's nothing wrong with having something permanent to supplement your larger term policies. Personally, I view diversification as having money in a lot of different places.  This strategy is probably not as efficient as it could, but I don't like the idea of having all my eggs in one basket.  I have cash in a lock box at home, cash savings, CDs, a personal loan portfolio, bitcoins, index funds, individual stocks, commodity etfs, and bond funds spread in traditional 401(k), ROTH IRA and regular taxable accounts spread out to 6 different institutions.  I don't personally own any whole life, but I'll probably buy a small policy before my next 6-month birthday; I might as well put some money there too.  All of this is to say, do not put all of your money in a whole life policy, and do not buy all of your life insurance needs via whole life.\""}
{"_id": "201860", "title": "", "text": "\"That's just like the classic, \"\"who would build muh roads?\"\" hyperbolic argument for the flood of needless government regulations we have currently, and fools want more of. Of course some regulation is good. Of course. Get the fuck out of here with this all or nothing children's argument. That said, demonstrate empirically that the net gain of economically harmful regulations will stop and /reverse climate change or get the fuck outta here with the Al Gore chicken little nonsense.\""}
{"_id": "201863", "title": "", "text": "Quite the opposite, crony capitalism has caused all of these problems.  Big cable? Subsidized.  Big oil? Subsidized.  Big banks? Bailed out.  And the tax code changes they're putting through now, why do you suppose this is being done? The US has the highest statutory corporate rate in the developed world, on small and large businesses. This is anti-competitive because in order avoid steep rates you need to hire big teams of tax lawyers, accountants, and other overhead to handle the paperwork and manage liability for you. Not only that, but its to the point now where most business decisions are not undertaken with the heath of the company in mind, but with great consideration to how it will effect the company's tax liability."}
{"_id": "201865", "title": "", "text": "\"It's a good counter point, albeit a bit simplified. I have a couple of objections to the inflamatory way you phrased that:  Do you believe in equal first amendment rights of public utilities? Because they **can't** deny access (IANAL, of course). That's not a rhetorical question, it's to try to put your comment in context so that I understand what you mean.  To me corporations are not people, so your phrasing is needlessly extreme. (citizens united went too far)  I would not \"\"take away PayPal's first amendment rights\"\" in those words, no. They can give any statement they want. Is \"\"deny service\"\" protected speech? Not for everyone and everything (e.g. public utilities).  Would you protect a private hospital's right to let someone die based on their political views, or attractiveness? If we are going purely by first amendment, and define \"\"right to inaction by companies\"\" as speech (which surely you can't mean. Surely there's a line?), then there are so many ways that's legalised out right murder.  What about WikiLeaks first amendment right to participate in political discourse? \"\"Sure, but they de facto can't use money\"\"?\""}
{"_id": "201866", "title": "", "text": "\"We get HelloFresh and, for the most part, really like it. From opening the box to sitting down and eating, we spend about 35 minutes - typical dishes used are a couple pans and a cutting board.   To mix things up, we tried Blue Apron for a couple weeks.... hated it. Exactly as you say: \"\"15 minutes prep time\"\" was more like 40 minutes. The meals were just okay overall and the portions on average were smaller than HelloFresh.   HelloFresh has definitely had some misses.l, but we've enjoyed most of the meals.   Long term, we plan to still get a box 1-2x per month. We save all the recipe cards from meals we like and then buy twice the ingredients at the supermarket to remake them.\""}
{"_id": "201871", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://fredblog.stlouisfed.org/2017/08/characterizing-the-decline-of-manufacturing-employment/) reduced by 76%. (I'm a bot) ***** &gt; The question we&amp;#039;re asking today is whether this decline is due to workers leaving the manufacturing sector voluntarily or not.  &gt; In other words, there&amp;#039;s considerable movement in the market for manufacturing workers and only a small part of it is about the sector downsizing its labor force.  &gt; For the third graph, start with manufacturing layoffs as in the second graph, from &amp;quot;Edit Graph&amp;quot; edit the existing line by adding &amp;quot;Manufacturing quits,&amp;quot; and apply the formula a+b.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6sot16/characterizing_the_decline_of_manufacturing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~187238 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **manufacturing**^#1 **graph**^#2 **layoffs**^#3 **decline**^#4 **employment**^#5\""}
{"_id": "201876", "title": "", "text": "Yes, you call the broker and tell him to use those shares to deliver to the short position."}
{"_id": "201884", "title": "", "text": "A couple of good books I enjoyed and found very understandable (regarding the stock market): As for investment information you can get lost for days in Investopedia.  Start in the stock section and click around. The tutorials here (free) give a good introduction to different financial topics. Regarding theoretical knowledge: start with what you know well, like your career or your other interests.  You'll get a running start that way. Beyond that, it depends on what area of finance you want to start with.  If it's your personal finances, I and a lot of other bloggers write about it all the time.  Any of the bloggers on my blogroll (see my profile for the link) will give you a good perspective.  If you want to go head first into planning your financial life, take a look at Brett Wilder's The Quiet Millionaire.  It's very involved and thorough. And, of course, ask questions here."}
{"_id": "201892", "title": "", "text": "You just explained why I'm boggled that some companies an individuals are willing to utilize such an erratic currency for exchanges. I tried using it as a payment method in my previous services company, but was understanding most people wouldn't and that it could potentially be loss for myself. Which on a smaller scale isn't really a issue, but scale up to some of the larger companies and it could be devastating. It's an entirely speculative market that could depreciate returns quickly."}
{"_id": "201903", "title": "", "text": "Brennan adaptors differ from each other by the pressure they can handle.  There being classifications on the type and class of fittings available. Due to the reach of our networks, a high inventory level of spares can be avoided, since a part is never more than a day\u2019s travel away."}
{"_id": "201913", "title": "", "text": "A little birdy says, the Octupus miracle is little more than smoke and mirrors . . .by the time the dust settles, its going to make Bears and Sterns look like a good deal.  Leverage is a double edged sword  . . .hell a chop stick is a sword against a squishy old octopus with cooked books"}
{"_id": "201914", "title": "", "text": "They didn't have a website when they started out. The entire business model was just the email. It's seriously worth the free subscription. Try it and unsub if you don't like it. Or don't. No skin off my back."}
{"_id": "201939", "title": "", "text": "@ricpconsulting : Are these digital marketing things easy ? I mean I do have a decent knowledge about social media and I know how they work and I have every time in the world. How do I start doing these kind of work? What should I do first ? Where should I go?  Can you help a brother out, if you dont mind ?"}
{"_id": "201940", "title": "", "text": "I'd like to point you to article ten of the bill of rights:  &gt;The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.   It seems to me that the Constitution gives the states the right to do whatever they want so long as the Constitution doesn't specifically forbid it. Either concede the point or show me where the Constitution forbids the states from levying a sales tax."}
{"_id": "201954", "title": "", "text": "If it's a legitimate cost of doing business, it's as deductible as any other cost of doing business. (Reminder: be careful about the distinctions between employee and contractor; the IRS gets annoyed if you don't handle this correctly.)"}
{"_id": "201957", "title": "", "text": "and donate the flowers to funerals.  and hospitals.  you are sure to make some connections that will bring you business in the future.  be sure to take pictures of your donated flowers, and post them on social media.  im so sorry for your losses and i hope you recover quickly"}
{"_id": "201962", "title": "", "text": "And go ahead and break that down again not just by age but by education.  The percent drops significantly if you finish highschool.   Drops again with a 2 year associates degree (and even further with a 2 year occupational associates degree) and, of course, even further with a bachelors degree."}
{"_id": "201964", "title": "", "text": "Well $100k is approximately the 80th percentile. So it's doing pretty well.   But perhaps [this website](https://www.washingtonpost.com/graphics/2017/politics/tax-breaks/?utm_term=.4cd4ec597815) will show how much SALT deductions benefit the rich. Just move the dial over to the $1M mark and suddenly your biggest deduction is state and local taxes."}
{"_id": "201968", "title": "", "text": "\"When you refinance, there is cost (guess: around $2000-$3000) to cover lawyers, paperwork, surveys, deed insurance, etc. etc. etc. Someone has to pay that cost, and in the end it will be you. Even if you get a \"\"no points no cost\"\" loan, the cost is going to be hidden in the interest rate. That's the way transactions with knowledgeable companies works: they do business because they benefit (profit) from it. The expectation is that what they need is different from what you need, so that each of you benefits. But, when it's a primarily cash transaction, you can't both end up with more money. So, unless value will be created somewhere else from the process (and don't include the +cash, because that ends up tacked onto the principle), this seems like paying for financial entertainment, and there are better ways to do that.\""}
{"_id": "201981", "title": "", "text": "Why bother with the MFE then? You'd have to spend your own money to get it when any legit PhD program will support you throughout your masters and beyond. If you want to go to academia go straight to a PhD program. If in the end you decide you want to go into the finance industry, very little is lost as they will still hire you."}
{"_id": "201982", "title": "", "text": "Take the consolidation loan and pay it off. Don't close the card. Opening a new account will have no bearing on your mortgage a year or two down the road. Keep paying on time -- that will make a big difference! JohnFX's suggestion to open a new card and do a transfer is  a great idea if you have good credit. Just read the fine print -- most cards charge a 3-5% transfer fee and some cards accrue interest if you don't pay within the promotional period."}
{"_id": "201987", "title": "", "text": "In addition to the reasons discussed in JoeTaxpayer's answer, consider that  a 401(k) plan is run by an employer (though the details might be delegated to a plan administrator) and it is a headache to have to deal with ex-employees (including retirees) with whom one might have no further relationship once the employment has ceased. Pension plans in addition to 401(k) plans are a rarity these days. Hence, no RMDs need be taken while still employed past age 70.5, but after that, let's keep in touch at least once a year so that we can send you some of the money we are holding for you."}
{"_id": "202000", "title": "", "text": "\"the financial community hates him because he teaches people who don't have financially-responsible parents how to think properly about money and how it works.  I've read the books and  it's not remotely about \"\"getting rich quick\"\".  It's about  showing people the patterns of thinking that seperate the haves from the have nots.  The more snide remarks I see about this guy, especially on financial forums, the more I realize the value of his originals texts.\""}
{"_id": "202019", "title": "", "text": "Your wife doesn't need to file a 2014 tax return because she's a nonresident and she didn't have any U.S. income. Her visa is irrelevant; it only matters what her status was (if she was in the U.S., but she wasn't) and if she had U.S. income. Your child doesn't need to file a tax return because she didn't have any income. There's a certain income threshold below which she doesn't have to file. Children generally never file their own tax returns. I don't know who told you otherwise. You may have to file if you had income (maybe including fellowship income and stuff like that) in the U.S. during the year? Did you? If you didn't then you probably don't need to file a tax return. Also, you said you're nonresident for the year. Are you sure about that? Students are generally nonresident for the first 5 calendar years, and resident thereafter. So if you came in 2009 or before, you would be resident for all of 2014; but if you came in 2010 or after, you would be nonresident for all of 2014. If you were in the first 5 calendar years of being a student, you also need to file Form 8843 regardless of whether you need to file a tax return. Nonresidents generally can't claim dependents. Residents can, however. A dependent will provide you with an exemption (it reduces your taxable income by a certain amount). You can also get the Child Tax Credit if your income is low enough. There is a U.S.-Sweden tax treaty. It has a section covering students. It may exempt some or all of your income from U.S. tax. Most universities provide free international tax programs for their international students and scholars. You should look to see if your school offers this. Don't go to outside tax filing places because those generally don't know anything about how to file for nonresidents."}
{"_id": "202037", "title": "", "text": "I found [this.](http://homeguides.sfgate.com/terminate-apartment-rental-lease-due-medical-condition-8142.html)  It looks like you will need to go over the lease and look for any stipulations that allow your brother (or your parents if they cosigned) to break lease. You might want to talk to an attorney. Most leases stipulate a penalty to break lease, such as a month of rent. It seems unusual that they can charge rent until they find a new tenant, but I'm not a lawyer. Leases are an adhesion contract, meaning they are drafted by the landlord and they have most of the negotiating power. This is not inherantly bad, but it does mean that unusually harsh lease terms could be considered unconscionable, rendering the lease void.   I encourage you to reread the lease and contact a lawyer. I know everyone says that, but it's good advice here. It sounds like it would be cheaper than taking this lying down and I haven't heard of many people successfully winning contract law cases pro-say. It can't hurt to get a free consultation."}
{"_id": "202042", "title": "", "text": "Maybe it's just me, but if I notice a car 3 times, driving around with STEVE'S PLUMBING on it with a phone number. I'll remember huh, if I ever wanted plumbing, this steve guy seems to get around a lot, he must be good. Especially if I like the design. Remembering the phone number, yeah that's not going to happen, but having it there makes me think he wants my business, which makes me more like to look for him when I need a plumber. If I see him driving around, he must be local. If the email is logical like stevesplumbing@gmail.com, I *might* remember it, but at the end of the day I'm opening the web browser/yellow pages to google the name STEVE'S PLUMBING anyway, so I'll never bother emailing. I prefer phones.  Also my Mum keeps business cards of tradesmen she likes and sticks them on the inside of a cabinet door, along with take out places, ect. So if I ever needed a plumber I would go there. I'm saying advertising to end customers may not be directly effective, but I would still try."}
{"_id": "202049", "title": "", "text": "\"Sorry but, I have to disagree. The USDA has very strict guidelines around what can and cannot be labeled \"\"Organic\"\". There is certainly an obligation to understand what the various labels mean but, I would be very surprised if Walmart or other major organiztions were not compliant. Where a mom &amp; pop grocery store may be able to get away with mislabeling simply because the USDA/FDA may not get around to checking I think we can be pretty certain that Walmart and other Major chains get checked often. For information about what \"\"Organic\"\" labels entail look here:  http://www.usda.gov/wps/portal/usda/usdahome?navid=ORGANIC_CERTIFICATIO\""}
{"_id": "202054", "title": "", "text": "You need to let a lawyer look at it.  Concerns you have include:"}
{"_id": "202074", "title": "", "text": "They're a quant fund and most of their employees are software engineers and data scientists so it's not exactly shocking that this is what their offices look like.  They're primarily competing for talent with Google, not Goldman Sachs or Bridgewater."}
{"_id": "202097", "title": "", "text": "Why not all of them? It was greedy people in general. I have little sympathy for the bankers, subprime borrowers, and house flippers. I really wanted to buy a house in the mid 2000s but came to the conclusion that it was a terrible idea.   A house is a huge investment, and if you're dropping 400k on something, you should probably do some research."}
{"_id": "202114", "title": "", "text": "That isn't how it works, and that's definitely not the way it should work for either business or personal taxes. A business is free from taxes only if they have made a net loss over the year. This is **very** different from simply having less cash at the end of the year than at the beginning. A business could have less cash if they bought assets, paid off debt or any number of reasons and still pay taxes. On the other hand, they could end up with *more* cash at the end of the year than they began it with and still be free from taxes, as long as they made a net loss for the year. The cash balance has nothing to do with whether they pay taxes or not."}
{"_id": "202116", "title": "", "text": "Also don't just assume that everything that Costco or Sams (we use Costco) sells is cheaper.  Still shop around and look for the best price.    For us it is definitely worth it."}
{"_id": "202140", "title": "", "text": "Is it worth saving HSA funds until retirement? Yes Are there pros and cons from a tax perspective?  Mostly pros. This has all of the benefits of an IRA, but if you use it for medical expenses then you get to use the money tax free on the other side. Retirement seems to be the time you are most likely to need money for medical expenses. So why wouldn't you want to start saving tax free to cover those expenses? The cons are similar to other tax advantaged retirement accounts. If you withdraw before retirement time for non-medical purposes, you will pay penalties, but if you withdraw at retirement time, you will pay the same taxes you would pay on an IRA. I should note that I put my money where my mouth is and I max out my contribution to my HSA every year."}
{"_id": "202145", "title": "", "text": "His books: The Total Money Makeover - This is a very step by step approach to what he teaches about how to handle money. Financial Peace - This is a more philosophical approach to the same topics.  More idea and less application based. You can catch his radio show online for free - or an hour podcast each day in the itunes store - this is free. You can watch his TV show on Hulu."}
{"_id": "202148", "title": "", "text": "Why should they? If investors' don't want nonvoting shares, they shouldn't buy them.  I don't like the big banks, but it's not like they are fleecing little old ladies here. The people with the first rights to the shares tend to be institutions who know what they are getting."}
{"_id": "202163", "title": "", "text": "I'm just starting my career (I'm 21) in competitive intelligence/market and market data analysis and was wondering what kind of opportunities it holds for the future. I guess this isn't directly applicable but it does give me some insight. How have you enjoyed your career?"}
{"_id": "202169", "title": "", "text": "Dude, from my first comment my only argument is that the degree alone doesn't define competence.  I've been consistent and haven't change my mind on anything. I also never agreed that she got the job due to connections: haven't even taken a position on that since I don't know how she got it. You kept imagining meant things I never said.  Ghe sort of HR departments you're describing re nepotism etc are themselves incompetent. Contractors, on the other hand, perfectly fine."}
{"_id": "202178", "title": "", "text": "\"Journalists are not supposed to have an agenda so obvious as WaPo.  Also, Bezos also has a 600 mill contract w the CIA... who often plants information in WAPO.  If you call that \"\"Journalism\"\" you ought to get out more.\""}
{"_id": "202179", "title": "", "text": "\"I think the key point that's making the other commenters misunderstand each other here is the concept of \"\"deductions\"\". I can only speak for the UK, but that's only a concept that business owners would understand in this country.  For things like child credits or low income tax credits, we don't get paid them at the end of the tax year, but into our bank accounts every couple of weeks all year round. Therefore, we have nothing to \"\"deduct\"\". If we work for a company and have business expenses, then the company pays for them. If we make interest on our savings, the bank pays it for us. We make money at our jobs, and the employer works out what taxes and national insurance we owe, based on a tax code that the government works out for us annually (which we can challenge).  To be fair, it's not like we're free from bureaucracy if we want to claim these benefits. There are often lots of forms if you want child benefit or disability allowances, for instance. We just apply as soon as we're eligible, rather than waiting to get a lump sum rebate. So it appears to be a very different system, and neither is inherently better than the other (though I'm personally glad I don't usually have to fill in a big tax return myself, which I only did one year when I was self employed). I'd be interested to know, since Google has let me down, which countries use the American system, and which the British or Czech.\""}
{"_id": "202185", "title": "", "text": "We cannot count on a repeat of Ford's action (especially if it was of necessity, but even if it was altruistic).  How many years -- months? -- before we start to see the impact of automation on the large scale?   Transportation alone is going to be massive, and the transition is no longer among the advancements that are perpetually '15-20 years' out.  It's on a clock now.    Maybe that will be enough to force our hand in redefining elements of our economic system.  However, if not, there will be no Ford-style necessity to raise wages.  Workers will be bent over a barrel, taking literally anything from employers, just so they can feed their families.    No offense to /u/proudoppressor, but he's completely mistaken if he thinks supply side economics has done anything but provided evidence that such a system is a vacuum of wealth.  More people may have jobs in this momentary snapshot, but those jobs are paying far less.  More people are working because it now takes two incomes to keep a family afloat.  And we're about to remove the ability of those people to find work.  Transportation is just one sector due for automation.  Add finance.  Add fast food and other minimum wage work...  I'm not a socialist.  I'm wary of how much power might be consolidated into the hands of a few.  But then I have to ask.... how is that any different than the path we're on now?  We're consolidating wealth and power into an oligarchical class, leaving what scraps for the common joe?    I'm not advocating radical solutions.  I'm asking anyone who reads this to process it.  Look at what it means, and look at creating some kind of foundation for when the bottom falls out."}
{"_id": "202192", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://newrepublic.com/article/142368/devastating-effects-dental-inequality-america) reduced by 82%. (I'm a bot) ***** &gt; While America&amp;#039;s private dental industry makes it difficult to institute universal care, the option remains the only salve for our country&amp;#039;s dental inequality.  &gt; She describes efforts to expand the use of auxiliary dental professionals in neglected areas of the country, sending dental hygienists or &amp;quot;Dental health aide therapists&amp;quot; to do tooth cleanings and other routine sorts of dental work.  &gt; No doubt non-dentist dental professionals could be more widely employed, but a system in which the well-off see dentists and the poor see dental professionals with lower levels of training would be fundamentally inequitable.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejbyh/why_dont_people_just_go_to_the_emergency_room_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133526 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **dental**^#1 **Health**^#2 **care**^#3 **dentist**^#4 **more**^#5\""}
{"_id": "202199", "title": "", "text": "Ashwagandha is one such herb that helps in the cure of tension and depression, by replacing your body\u2019s vital reserves and helping your body adapt to stress. Apart from this, it helps to strengthen the body's immune system, nervous system, and hormonal system."}
{"_id": "202203", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theatlantic.com/technology/archive/2017/06/when-exactly-does-amazon-become-a-monopoly/530616/) reduced by 95%. (I'm a bot) ***** &gt; On Friday morning, Amazon announced it was buying Whole Foods Market for more than $13 billion.  &gt; From a straightforward standpoint, the Whole Foods acquisition means that Amazon will now participate in the $700 billion grocery-store business.  &gt; In the near term, the Whole Foods purchase worries some analysts most because it immediately gives Amazon another infrastructural advantage: more than 400 small warehouses, spread out across some of the most affluent neighborhoods in the United States.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hvpa5/after_the_whole_foods_acquisition_is_amazon_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146826 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Amazon**^#1 **more**^#2 **Market**^#3 **company**^#4 **think**^#5\""}
{"_id": "202206", "title": "", "text": "\"It's a separate conversation but I struggle as a remote worker. I work for an enlightened company and so I am remote 90 percent of the time. I also have no prescribed schedule outside of calendared teleconference meetings. There is no question I am more efficient when engineering or doing technical work at home. And I get paid more than I can spend. My friends are all jealous. But honestly I think a lot about getting a different job, even if it means a paycut. Six years in, I miss working together with people. When the job is stressful there's no one to joke with and no way to get perspective. As a remote worker I feel disconnected and expendable because no one understands what I do or how hard I work. Maybe I'm just burnt out, but I think I'm over it. I never get to go home and turn it off because I essentially live at my workplace. I want my employer to get the fuck out of my house. That said I could never do productive work in an \"\"open office\"\". Fuck.\""}
{"_id": "202208", "title": "", "text": "Does anyone have any good resources for starting up learning about savings, finances, etc? I'm 20 years old and want to begin really saving consistently and learning about 401Ks, IRAs, savings accounts, how to grow your money safely and slowly, etc.   I'm mainly looking for a website or application that will help me budget and organize things. A phone app would be nice. And any subreddit where I could learn about these things would be extremely helpful too."}
{"_id": "202224", "title": "", "text": "\"Your debits and credits are perfect. Now, it comes down to a choice of how you want your accounts organized, financially speaking. In terms of taxes, it's recommended you keep a separate set of books just like a corporation and account for them strictly according to law. It's best not to credit phone expenses since it will no longer show on your net reports.  A better alternative would be \"\"Phone reimbursement\"\".  With that, you can not only see if you've been compensated but also how much you're personally managing these expenses by checking the annual \"\"Phone expense\"\" account. This is all up to personal preference, but so long as you're properly balancing your accounts, you can introduce any level of resolution you wish.  I prefer total resolution when it comes to financial accounting. Also, it is not good practice to debit away \"\"Salary\"\".  The net of this account will be lower and distorted.  An expense reimbursement is not salary anyways, so the proper bookings will follow below. Finally, if GnuCash is calling \"\"Salary\"\" an income account, this is unfortunate.  The proper label would be \"\"revenue\"\" since \"\"income\"\" is a net account of expenses from revenue in the income identity. Entries With this, your books will become clearer: your cash assets will remain as clear as you had organized them, but now your income statement will provide higher resolution.\""}
{"_id": "202230", "title": "", "text": "It's not uncommon to have a small penalty if you pre-pay the mortgage in a short time.  After all, making the loan isn't free for the bank. But as Nathan says, if a bank is planning to try very hard to stop you from giving them money, there is probably a reason. Try to convince your wife: there is nothing inherently wrong with debt.  Like anything, too much can be bad for you, but when debt is deployed wisely -- that is almost always, when it is used to finance a capital asset (an asset that produces value) -- it can be a very good thing."}
{"_id": "202253", "title": "", "text": "Sorry, I got even more confused. I assumed IC referred to equity only. At least under English accounting practice it's the norm to refer only to equity investment as capital in that context. The debt is listed as both an asset (cash or whatever asset the cash has been put towards) and a liability, cancelling it out. That being the case, the number would be the same, no?"}
{"_id": "202286", "title": "", "text": "Yes, you're right, both sides should be considered, however I have a gut feeling that although Amazon has created opportunities for some people to sell on their platform, it has taken far more opportunities away from other people.  Amazon runs $136 **billion** of gross revenue through their system. Those are sales that would have been made somewhere else if not through Amazon. Now a lot of those dollars likely came from other large retailers - Wal-mart, Costco, Home Depot, etc. Let's pretend that they did not though.  Let's say that you want to own a bookstore and you want to earn about $40k per year. Let's say that you can expect a 10% margin. That would mean that you would have to sell $400k worth of goods to make your money.  Amazon runs the equivalent of 340,000 such stores through their site ($136 billion / $400,000). So those are 340,000 opportunities for people to earn $40k per year from a retail store.  Of course it's not that simple, and as I mentioned, a lot of Amazon's sales came from larger stores, but I wanted to map it out that way to illustrate that Amazon very likely takes away far more opportunities than it creates (it had about $13 billion in profits in 2016 - those are profits that didn't go to small business owners)."}
{"_id": "202290", "title": "", "text": "If you have a family member with sufficient funds to lend, you might consider writing a deed that gives them a percentage of ownership in the property in exchange for a loan, then you could later take a mortgage to pay back that loan and purchase that percentage of the property back. If it was me, I would probably just pay cash and try to get a home equity line of credit for emergency funds once I started working again. All the money I would have paid into a mortgage, and perhaps more--I would invest to rebuild the investment account as quickly as possible."}
{"_id": "202314", "title": "", "text": "I worked in hr recruiting software for 6 years,(job applications web sites). While this all sounds heavy handed, our experience was that this was an individual problem not a corporate problem. In other words if you can show the hiring manager they are being racist, and educate them both on the their bias and on the tracking capabilities, people changed their hiring bias or they were fired for cause. Yes big companies wanted the data to prove they were not being racist, but even small companies benefited from having the data. If a company wants to be racist in their hiring I am ok with that company going away."}
{"_id": "202315", "title": "", "text": "Getting a Car serviced on timely basis and Emission Test Woodbridge will ensure you're every journey a happy and safe journey every time. One of the important stuffs of car service is to get Oil changed at Woodbridge Oil Change, Also Emission Test of your car will give a health report of your car\u2019s engine, if you find problem in running, driving or proper functioning your car first thing you should take your car at proper service station, once it done next is to get the Emission Test on priority basis. Many Car Owners do not go or avoid Emission Test as they never suspected any problems, but they realize importance and necessity of getting Emission Test done when they meet major breakdowns during journey. This is also important to understand when you should go for Emission Test; If you are already facing obvious problems, go for repair assistance first, this will save your money and time too because without repair your car will not pass the emission test and you will have to spend money by paying fees for Emission Test. Mobil 1 Express of Woodbridge will make your money worth paying by keeping in mid of your car\u2019s need, Team available for car\u2019s best service at Woodbridge Mobil 1 Express is always helpful to their client. Experts in Woodbridge Car Oil Change suggest getting Oil Change at every 5,000 miles for the best performance and if you have not changed it within last 5000 miles you should not go for Emission Test directly before changing Car Oil, with such needful suggestions Team of Mobil 1 Express will take care of your money and your car too this will support in getting pass the Emission Test Result."}
{"_id": "202329", "title": "", "text": "The S&P report (aka STARS report) for each company has 10 years of financial data. These reports are available free at several online brokers (like E-Trade) if you have an account with the brokerage."}
{"_id": "202340", "title": "", "text": "\"It depends on how long you stay and where you earn your income. You can be a US resident for tax purposes even if you are not for immigration purposes. The \"\"substantive presence test\"\" probably applies to you: You will be considered a United States resident for tax purposes if you meet the substantial presence test for the calendar year. To meet this test, you must be physically present in the United States (U.S.) on at least: https://www.irs.gov/Individuals/International-Taxpayers/Substantial-Presence-Test There are some exceptions to this test, and tax treaties may also apply.  See IRS Publication 519 for more information.\""}
{"_id": "202346", "title": "", "text": "Ez Access ramps are essential accessories to wheelchairs as well as scooters. We offer lightweight, versatile and compact ramp designs which help you to cross the barriers easily. The EZ access ramps are sophisticated ramps than the modular ramps and therefore, they are being used widely. The ramps are being increasingly used in metropolitan areas."}
{"_id": "202355", "title": "", "text": "\"Is the mortgage debt too high? The rental property is in a hot RE market, so could be easily sold with significant equity. However, they would prefer to keep it. Given the current income, there is no stress. However in absence of any other liquid [cash/near cash] assets, having everything locked into Mortgage is quite high. Even if real estate builds assets, these are highly illiquid investments. Have debt on such investments is risky; if there are no other investments. Essentially everything looks fine now, but if there is an crisis, unwinding mortgage debt is time consuming and if it forces distress sale, it would wipe out any gains. Can they afford another mortgage, and in what amount? (e.g. they are considering $50K for a small cabin, which could be rented out). I guess they can. But should they? Or diversify into other assets like stocks etc. Other than setting cash aside, what would be some good uses of funds to make sure the money would appreciate and outpace inflation and add a nice bonus to retirement? Mutual Funds / Stocks / bullions / 401K or other such retirement plans. They are currently in mid-30's. If there is ONE key strategy or decision they could make today that would help them retire \"\"early\"\" (say, mid-50's), what should it be? This opinion based ... it depends on \"\"what their lifestyle is\"\" and what would they want their \"\"lifestyle\"\" to be when they retire. They should look at saving enough corpus that would give an year on year yield equivalent to the retirement expenses.\""}
{"_id": "202356", "title": "", "text": "\"Let's (again) re-phrase this:  * Before I went to college, I *knew* that \"\"A\"\" was the answer. * In college, I discovered that \"\"B\"\" was the answer.  If \"\"A\"\" was the answer, you would have stuck with it.  Instead, you went with another answer, \"\"B\"\".  We can only assume, then, that you were incorrect about \"\"A\"\".\""}
{"_id": "202358", "title": "", "text": "&gt; the website has a subscription model that two million people pay into at $12.95 to $34.95 a month, according to the company.  That's at least 300 million a year in revenue, If that's the case why are they selling for such a low valuation?"}
{"_id": "202369", "title": "", "text": "Yup. I know a lot of people who said they'd vote for Sanders, but then didn't vote Democrat when Clinton won the primary (whether than meant voting third party, voting Trump or not voting at all). It was not some last minute impulse by these people to do this as Clinton seems to be making it out to be, it was a long held belief."}
{"_id": "202375", "title": "", "text": "That's true. So instead, they brute force the exchange with buy orders before they know if there's even any demand for the equity. Most of these get cancelled.  If they see someone else placing a large buy order, they let theirs go through and do not cancel. They meet the ask and get the order because they don't care about getting the best deal.   The buy order the HFT sent through is for the entire book. The HFT can then demand the highest price possible. After that, they dump the unsought portion of the book back into the market.  Regulation have cracked down on this practice. However, that just means HFT have decided to build their own exchanges.  The HFT buy order was placed before they even knew there was anyone else looking for the same buy."}
{"_id": "202398", "title": "", "text": "\"&gt; non-traditional borrowers (read: people who didn't meet the requirements for their traditional loan products)  There's a reason these \"\"non-traditional borrowers\"\" don't meet the requirements: They tend to be deadbeats.  The traditional requirements were developed over decades of experience to screen out deadbeats so lenders don't lose money.\""}
{"_id": "202404", "title": "", "text": "\"&gt; Some scientists already consider owning an Iphone as being enhanced cyber beings, when is the last time you remembered a phone number for instance. Remembered someone's birthday lately or did FB or your calendar on your pc remind you, this means you are already enhanced!  I've been referring to my computer as \"\"my offboard brain\"\" for years now. I keep everything here. The downside is that my memory is absolutely terrible.\""}
{"_id": "202405", "title": "", "text": "De webshop site is ook de perfecte oplossing. Op deze site, het aanbod van kerstpakketten bijna eindeloos. Met meer dan 30 jaar ervaring in kerstpakketten, kerstgeschenken en wijn geschenken is hier, ongeacht het budget, altijd een leuke, culinaire of originele verpakking beschikbaar."}
{"_id": "202410", "title": "", "text": "Its strange The U means You figure it out! What should be done is report all U levels when making an announcement! This gives an accurate total story of the state of employment without pandering to the left or right. We should not accept any comments/reports without asking for all levels. How can we form an opinion with tainted/censored/lying info.  Is this no different than saying housing starts are up yet don't get told we have foreclosures and unsold homes still in the market?"}
{"_id": "202431", "title": "", "text": "What I am saying is that the IRS is not going to shut down Coinbase along with the thousands of busineses and services built around bitcoin and take away $40 billion in wealth from its citizens and financial institutions without massive public and legal blackash."}
{"_id": "202432", "title": "", "text": "\"How do option market makers actually hedge their positions so that they do not have a price risk? You cannot complete hedge away price risk of a sold call simply by buying the underlying and waiting.  As the price of the underlying decreases, the \"\"Delta\"\" (price risk) decreases, so as the underlying decreases, you would gradually sell some of the underlying to reduce your price risk from the underlying to match the price risk of the option. The opposite is true as well - as the price of the underlying increases, you'd buy more of the underlying to maintain a \"\"delta neutral\"\" position. If you want to employ this strategy, first you need to fully understand what \"\"delta\"\" is and how to calculate it.  Then you can use delta hedging to reduce your price risk.\""}
{"_id": "202457", "title": "", "text": "It is likely the policy of the credit card company.  If you are running a business, you should factor in theft as part of your mark-up/margin.  Every major business accounts for theft within their business practices and accounting.  That way they are covered for instances like yours.    If you have not been accounting for theft, then I'd highly recommend it.  This might be an expensive learning lesson for your family business.  Either implement new procedures such as checking ID with credit cards to match the names, or factor in theft/loss of product into your margins.  Ideally, do both."}
{"_id": "202459", "title": "", "text": "I don't use a rule of thumb for this. Instead, I use a budget.  Throwing money into a savings account for the purpose of building a savings account is okay, but I only put money into a savings account that I have a purpose for.  For example, there are bills that come up once a year, such as insurance premiums, property tax, annual subscriptions and memberships, etc. I plan for these in my budget each month, and the money goes into my savings.  I also have an emergency fund, which is used in the event that a large, one-time, unexpected expense comes up that I hadn't planned for. I have a goal for how large I want this fund to be, so I put money in savings until it is built up to the level I want it at.  There are other long range saving goals I have: my next car, vacation, furniture replacement, technology replacement, etc. Each of these gets some money each month, which goes into savings.  I also have retirement savings in the budget, but that doesn't go into the savings account; it gets invested in my retirement account.  My point is that instead of arbitrarily choosing a percentage of your income to put into a savings account, think about the purpose of that money. That will help you determine how much needs to be saved, and it will also help motivate you to do so."}
{"_id": "202465", "title": "", "text": "I think overall you are correct. This is going to be a series of smaller improvements that will add up to big gains.  * Stem cells to regrow my lost teeth? Sign me up!   * A cream that renews skin tone? Take my money!   * A caffeine replacement with no crash? More (enhanced) tea, please.   * A vaccine series against cancer? Which arm?   * A candy that *burns* fat? Yum!    Soon I will be the person the 2011 monkeybreath was afraid of. And with better breath, too."}
{"_id": "202472", "title": "", "text": "Because of things this article doesn't go to that I've read other places.   1. Britain didn't have elections in Hong Kong for decades at the request of Communist China.    2. Britain started really democratizing Hong Kong before the handover to get some facts on the ground to try and have a better representational system in place for the Chinese handover.    3. Stuff in Hong Kong used to get done under the British.    4. Now with newly empowered representation and politicians who don't necessarily trust the Beijing government, opposition to development and policy issues is happening, and less is getting done in Hong Kong vs. other major mainland cities."}
{"_id": "202482", "title": "", "text": "&gt; To those moaning about loss of jobs, is this really a job you want to fight to keep?   You're really underestimating how uneducated and worthless so many people are. While you may find a few good ones out of 100, many of the ones in my area (Los Angeles) can't even count to 10 in their own language and don't speak English"}
{"_id": "202484", "title": "", "text": "Alternatives like free-market capitalism? I'm not convinced that the Chinese model is superior to any alternatives, especially capitalism. The Western world was built on free-market capitalism and China was left in the dust for decades under the Maoist regime. China's strange mix of communism and capitalism has definitely benefited their economy, but it wasn't the communism part that did it, it was opening their economy that did it. I can't see how the bureaucracy and control of the state has benefited their economy beyond keeping everyone in the dark about the actual solidity of their economy. It seems like government planned expansion and development is just a scheme to pump money into their economy to keep it afloat. I think it's a bubble and it's bound to pop at some point, with potentially catastrophic consequences. I'm not normally some doom-sayer, but the Chinese economy looks like a house of cards from the outside without further critical analysis."}
{"_id": "202485", "title": "", "text": "Lack of taxes are a symptom, but not the root cause. It's a vicious cycle where the more money that accumulates in a few people's hands, the more they can use it to manipulate politics and the media in order to get the system further changed to let them take more and more, then use it for influence, etc. This is the inevitable consequence of capitalism, but can be kept in check by a well regulated market and economy. Which it was. Reagen took care of that though."}
{"_id": "202495", "title": "", "text": "It has a real use and it's not owned by a single individual or company. I think you're over thinking it. The bottom falling out would require people to stop using it. There are a limited number of Bitcoins in existence and as long as there is demand, the value can be extrapolated."}
{"_id": "202500", "title": "", "text": "That 0.625% is the annual interest rate you'll receive.  It is paid out in two, semi-annual payments. That is, every six months you'll receive a check for roughly 0.3125%. https://www.treasurydirect.gov/indiv/products/prod_tnotes_glance.htm"}
{"_id": "202507", "title": "", "text": "I don't have much to add other than your signature is not required to process a charge.  Signatures are kept on file for validity in the event you dispute a charge.  Your signature isn't held in some magical database with signature recognition software.  If you draw an shark in the signature section of a receipt that won't stop the charge from processing.  In fact, many merchants don't even bother requiring the signature below a certain threshold. There are loads of behind the scenes processing improvements offered by the EMV chip; namely prevention of card number skimming and duplication via encrypted transaction signing.  While requiring a PIN adds an additional layer of security, simply processing via chip dramatically improves the network fraud prevention tools in a manner that is almost completely transparent to the user. To your point, if your wallet is lost and an imposer holds your physical card there is no anti-fraud improvement.  At any rate, you have zero fraud liability in the US."}
{"_id": "202527", "title": "", "text": "Look at my answer here, and then calculate again. If you keep on saving and keep on paying off your highest interest rate loan, you'll be 'making' money. Also look at this answer here for saving or paying back. Basically, you should always calculate whether the money you have is better 'spend' in a savings account or as a return payment to your loan. Always tackle the highest interest loan first. My 0,02\u20ac"}
{"_id": "202532", "title": "", "text": "Grantham is far more well known, has a very good record, and he manages over $100B. He has been accused of being a perma bear, and he's not calling a top yet for at least another year. He's one the only managers who had the 2008 crash coming and going - that is he is on record saying to get out well before the crash, and he said to get back in at the march, 2009 lows.   Everyone has biases. Grantham, iirc, got back out after the 2009 rally too soon. That's *his* style.   Regarding 2012, Grantham has mentioned election year rallies many times in the past, and that sure helped with 2012 HARP relief for homeowners. Plus you had the incredibly high equity premium, with very low stock prices.   This Levy fellow seems way too bearish. I feel way more comfortable listening to Grantham or Gary Schilling, who are more reasonable bearish leaning advisors.   &gt; In addition, Grantham backs his prior call that the bull market probably won\u2019t end for a year or two, not before the S&amp;P 500 rallies past the 2,250 level.  http://blogs.marketwatch.com/thetell/2014/07/21/yellen-encourages-fully-fledged-equity-bubble-says-jeremy-grantham/"}
{"_id": "202552", "title": "", "text": "You should definately have a stop loss in place to manage your risk. For a time frame of 5 to 10 years I would be looking at a trailing stop loss of 20% to 25% off the recent high.  Another type of stop you could use is a volatility stop. Here the more volatile the stock the larger the stop whilst the less volatile the stock the smaller the stop. You could use 3 or 4 x Weekly ATR (Average True Range) to achieve this. The reason you should always use a stop loss is because of what can happen and what did happen in 2008. Some stock markets have yet to fully recover from their peaks at the end of 2007, almost 9 years later. What would you do if you were planning to hold your positions for 5 years and then withdrawal your funds at the end of June 2021 for a particular purpose, and suddenly in February 2021 the market starts to fall. By the time June comes the market has fallen by over 50%, and you don't have enough funds available for the purpose you planned for. Instead if you were using a trailing stop loss you would manage to keep at least 75% of the peak of your portfolio. You could even spend 10 minutes each week to monitor your portfolio for warning signs that a downtrend may be around the corner and adjust your trailing stop to maybe 10% in these situations, protecting 90% of the peak of your portfolio. If the downtrend does not eventuate you can adjust your trailing back to a higher percentage. If you do get stopped out and shortly after the market recovers, then you can always buy back in or look for other stocks and ETFs to replace them. Sure you might lose a bit of profits if this happens, but it should always be part of your investment plan and risk management how you will handle these situation. If you are not using stop losses, risk management and money management you are essentially gambling. If you say I am going to buy these stocks and ETFs hold them for 10 years and then sell them, then you are just hoping to make gains - which is essentially gambling."}
{"_id": "202560", "title": "", "text": "It\u2019s fascinating that you think you\u2019re right, but more so that you think you are speaking well know truths. It\u2019s fascinating because there are hundreds of studies done on each of these topics and there\u2019s been no definitive answer. Some studies say it has nothing to do with race, some studies say it has nothing to do with socioeconomic factors, and some say \u201cwe don\u2019t know.\u201d  Yet here you are, standing as the racial expert of Reddit spouting what you believe is the truth everyone is ignoring. And perhaps what takes more guts is that you are doing it and pretending to have a wealth of evidence for your belief!  Just save us all the time and admit you\u2019re a racist. Don\u2019t bullshit and pretend to be well read on such complex issues. Just say \u201cI\u2019m a racist and I hate black people\u201d and move on. Don\u2019t insult our intelligence by pretending to be smart."}
{"_id": "202570", "title": "", "text": "I think you are asking quite a few questions here;   If you have Rs 10000, its better you get it converted in India before you leave. Most Banks and Exchange houses like Western Union would take Rupees and Give you USD. What do they do with USD, there are other who give them USD and need Rupees. They make a spread in this process.   If you are getting a salary in USD in US, whenever you want to transfer money to India, the Banks or Remittance services like Western Union would take USD from your US Account and Transfter equivalent Money into your Bank Account in India in Rupees. They will tell the exchange rate applicable. Depending on why visa type & the duration you are going, your company should be able to tell you your tax liabilities in the US. Read similar questions here to get a general idea."}
{"_id": "202576", "title": "", "text": "I think the biggest issue you'll have is getting a loan larger than the price of the car. The lenders calculate the rate they'll be charging based on the risk of the loan. If you were to default on a car, they can repo your car and recover the approximate value of the collateral. With a loan to essentially purchase securities, they would likely charge much more."}
{"_id": "202608", "title": "", "text": "He is still a board member able to receive company perks and exert his influence and keep it in line with his vision although he will be more of a shadowy character and he is still a billionaire, worth 6.7Bn if my memory serves me right..."}
{"_id": "202630", "title": "", "text": "You cannot do a like-kind (Sec. 1031) exchange for personal property, only for business/investment property. Since you said that you traded in your personal car - no like-kind exchange is possible. Also, since the new car doesn't belong to you - you didn't actually perform any exchange. You sold your old car, but you didn't buy a new one. If Turbo-Tax suggests you to fill the exchange form - you must have entered something wrong to make it think there was an exchange. Check your entries again, specifically - check if you entered that you purchased a new car instead of the old one, since you didn't. See an example of where to start looking here."}
{"_id": "202632", "title": "", "text": "Short answer: student loans are loans given to people that are currently enrolled in school and yes, you can use them for personal expenses.  Long answer: be very careful because you can easily be financially ruined if you borrow too much and can't repay it quickly. Once the loans get beyond a certain size relative to your income, you can find it hard to stay ahead of the interest payments let alone actually pay off the principal. These are the facts you need to know:"}
{"_id": "202638", "title": "", "text": "\"The problem is Im not seeing the right answer. Which means I didn't ask the right question. You guys are answering whybits NOT a ponzi scheme. What I should have asked... Is... \"\"Would this setup work\"\" and removed all refernces to ponzi scheme...\""}
{"_id": "202642", "title": "", "text": "When I was 18 in 1983, someone making $3.35 minimum wage full-time also could not afford a 2-bedroom apartment in any state. This is why most young people making minimum wage get roommates or live in some sort of communal housing or just live at home with their parents. If you are in your 40s and still making minimum wage, then there are other problems at play."}
{"_id": "202645", "title": "", "text": "For stocks, bonds, ETF funds and so on - Taxed only on realised gain and losses are deductible from the gain and not from company's income. Corporate tax is calculated only after all expenses have been deducted. Not the other way around. Real estate expenses can be deducted because of repairs and maintenance.  In general all expenses related to the operation of the business can be deducted. But you cannot use expenses as willy nilly, as you assume. You cannot deduct your subscription to Playboy as an expense. Doing it is illegal and if caught, the tours to church will increase exponentially. VAT is only paid if you claim VAT on your invoices. Your situation seems quite complicated. I would suggest, get an accountant pronto. There are nuances in your situation, which an accountant only can understand and help."}
{"_id": "202657", "title": "", "text": "LC WebPros is the top digital marketing agency in the United States. We provide the logo design, web design, Graphic Design, SEO, photography and much more IT related service in the World. If you want to Email marketing Gainesville fl, then We are the best platform for you. The first step to successful email marketing is to choose a successful email software program. Email marketing is an effective communication method for business and e-commerce."}
{"_id": "202660", "title": "", "text": "The US Distributed - Your trusted news source online. We are an independent news website in the USA that not just aims to educate people of America, but the people of the world itself. We are committed to delivering high-quality news with integrity intact. Have questions? Feel free to contact us! Also Make sure to visit our site often to stay updated on the current happenings."}
{"_id": "202731", "title": "", "text": "I got a credit card as a student with no income, not even a part time job. They called me, I agreed to one thing and they did another and now I have an old credit history. They don't do this anymore. But technically, student loan debt is unsecured?"}
{"_id": "202749", "title": "", "text": "\"I don't mean to be discouraging, but that isn't necessarily always the case. Despite being the larger company, it is possible the other team will have a lower cost, or be more efficient, or depending on how the organizational structure works out may just simply be in a familiar reporting structure that \"\"trusts\"\" them more. I think that's why /u/RustbeltRoots suggested it is nearly impossible to tell.\""}
{"_id": "202764", "title": "", "text": "Make use of a assistance box such as The look for applications foundation. It is used by The look for applications to try to give the most enjoyable [Local Business Listing](http://come2ourdeals.com.au/) and appropriate reply from different information sources. You can post bottles of your things immediately through the use of The look for applications foundation."}
{"_id": "202767", "title": "", "text": "So, my econ 101 class taught me that a business operating at a point where revenue equals cost is successful. Failing is when costs are too high, and above that is profit.  As a society, we've chose to tax profits, not revenue.  The fact that many of Amazon's vendors (FedEx, ups, companies they buy hardware from, etc) are profitable and paying taxes on profits they wouldn't have without Amazon says something about the overall value they bring to the economy. Also, states collect sales tax on good sold. EU countries collect VAT. And all countries collect capital gains when shares change hands. The fact that there's low turnover in shares isn't really a problem."}
{"_id": "202768", "title": "", "text": "Nope, take the match.  I cannot see not taking the match unless you don't have enough money to cover the bills. Every situation is different of course, and if the option is to missing minimum payments or other bills in order to get the match, make your payments.  But in all other circumstances, take the match. My reasoning is, it is hard enough to earn money so take every chance you can.  If you save for retirement in the process, all the better."}
{"_id": "202776", "title": "", "text": "\"Crickets here, so I'll respond with what I ended up doing. At the end of each month, I download transaction data from each of Stripe and PayPal.  For each, I do the following: So it is just six entries in Wave per month plus a little spreadsheet manipulation to determine revenues and fees.  Takes about 10 minutes to do this. I really dislike Wave's \"\"automatic\"\" integration with PayPal.  It creates a lot of entries, and it also doesn't seem reliable so it is easy for transactions to get lost.\""}
{"_id": "202799", "title": "", "text": "Doesn't VIX win on volatility, not market direction? I.e. if the market is steady, or trending up or down predictably, vix should be low, but if it's jumping around in all different directions, vix would be high? Or am I not understanding what it's supposed to model?"}
{"_id": "202805", "title": "", "text": "I just read the article and I'm not sure if the calculation is flawed. When they look at the single stocks. Do they always reinvest the dividends to the same stock? That would be quite unusual behaviour I think.  An investor who uses the buy and hold strategy  might have a bunch of companies which won't exist anymore in 20 or 30 years e.g. coal plants.  While many stocks are a good investment now. Reinvesting all the dividends for decades is obviously a bad decision for a large portion of the stocks.  Maybe I misunderstood the article. But what do you guys think?"}
{"_id": "202818", "title": "", "text": "He needs to go see a lawyer to find out what all his options are, and the consequences of any of them. Then he needs to get help extricating himself from this situation, in whatever fashion he chooses: buyout, giveaway, what have you. This situation involves property, which involves money, so definitely get professional advice on this. Otherwise, 20 years from now, he could be hit with a bill for back taxes or what have you, if whatever he does, isn't done correctly and completely. The situation does stink, on ice. Either he's going to be the pissed-off party in this situation, or she is, or they both are...but there's money involved, and property involved, and at least one recalcitrant family member involved. Best case scenario, he writes up the story and sells the plot to Lifetime for a movie-of-the-week. (If I were in this situation, I would donate my half of the property to some charitable group, then have a lawyer send Sis a letter saying that it had been donated. Maybe even pick a charitable group aligned with Sis' interests, so that if Sis does want to try and negotiate with them to buy it out, she's giving the sales money to a group/cause that she believes in. But...then, it would No Longer Be My Problem. But that has consequences of its own, and your boyfriend needs to be aware of all of them, including any tax implications for him, before taking any such step.)"}
{"_id": "202819", "title": "", "text": "Right, at least you get a better understanding of whatever question you have in general.   The internet is the age of information, yet here some people are still stuck to traditions. Everything you wanted to know is just a search away, but some just might be harder to find."}
{"_id": "202820", "title": "", "text": "There are tons of data provided on the CIA - The World Factbook webpage. Among the rest, there are the GDP values as well. The World Factbook provides information on the history, people,   government, economy, geography, communications, transportation,   military, and transnational issues for 267 world entities. Our   Reference tab includes: maps of the major world regions, as well as   Flags of the World, a Physical Map of the World, a Political Map of   the World, a World Oceans map, and a Standard Time Zones of the World   map."}
{"_id": "202822", "title": "", "text": "\"It's really easy to shit on an industry sector that is having challenges without recognizing the opportunities.  Remember a couple years ago when everyone said that fast casual was destroying fast food, and that firms like McDonald's were in the shitter and wouldn't be able to compete?  Look how much of a return Burger King provided, and while McDonald's isn't out of the weeds yet they've been doing better.  QSR are getting hammered on both sides by fast casual / fast food (terms that are becoming increasingly less meaningful as fast food restaurants improve quality and experience and converge towards fast casual) and restaurants.  Competition is putting downward pressure on pricing given that consumers recognize that QSR's offer an inferior service compared to good local or chain restaurants - why go to an Applebees when you can go to your local Gastropub or something?  Look at menu prices.  Going on Applebee's website, they're selling burgers for $12-15.  Since this includes fries, that's pretty much their ARPM.  Add tip and tax and you're talking $20 or more for a meal.  You can get a burrito at Chipotle for $10, or go to a local restaurant and get a burger for probably a similar price with a more personalized experience and feel.  Applebees feels it needs to cut down on pricing because they think they are a restaurant and compete with other restaurants, and that if they have better prices than other restaurants they will succeed.  Perhaps that's true.  In my opinion it's missing the point entirely.  Pricing is an issue, but it's price *in relation to value*, not in its own right.  McDonald's has a great strategy - try to maintain prices while increasing perceived value of service.  A correct approach is two-pronged.  McDonald's started offering more \"\"crafted\"\" sandwiches, and invested heavily in McCafe.  They spent enormous amounts of money on revamping their restaurants to update them for the times.  Prices went up a little, but the perceived value for those went up much more.  McDonald's isn't simply a fast food burger joint anymore.  They're a cafe, and a restaurant offering sandwiches that could be classified as fast casual.  They've changed the value proposition while maintaining prices.  What has Applebee's done to improve the restaurant experience?  They've certainly attempted to tackle pricing with menu items like 2 for $20, and probably reducing SKU (though just speculating).  But what's different about the restaurants themselves?  When customers go in, do they feel like they did when they went to an Applebees five years ago?  That's where their mistake lies.  They need to shed underperforming restaurants as they just announced, but they also need to double down and heavily invest in revamping their restaurant experience and image.  Adding ipads isn't part of this strategy.  iPads are a great way for them to increase labor leverage by reducing headcount, but does it add to the customer experience?  Based on my last visit to an Applebees the iPad was clunky to use and the server came over just as often as before, the only difference being that he'd take our order then put the order into the iPad himself.  Lol, what's the point of that?  And given the IQ level of people going into Applebee's, and how stupid so many people are that go into restaurants, how the hell they thought people could operate these things is beyond me.  I don't know what their turnaround plan is, but they're definitely salveageable.  They can be where McDonald's is today in a couple years if they wanted to.  They need to stop trying to compete with restaurants, reduce SKU if possible, reinvest in reinventing their restaurant experience and feel, and improve their image.  What do people want when they go to an Applebees?  Something that is cheaper, yes, but also something that's a known quantity, a good experience and value for price.  Also, sell more booze.\""}
{"_id": "202829", "title": "", "text": "\"Pay to play? You mean they pay for beefier data feeds that other firms don't need, sure they do. But everyone can trade on the US exchanges now (NYSE, NASDAQ, BATS, etc) which was not true 20 years ago when NYSE had the specialist monopoly, so yes the markets are more democratic than they've ever been.  Side note, the exchanges do directly profit from increased trading volume because they take a small % of every trade, so I'm not sure what you mean they don't directly profit from it.  Also I get the feeling you don't understand the scope of HFT activity, HFT peak profits were on the order of 7 billion during the highest volume time of the last decade (2005-2010). They are now around 1B. Compared to the trillions of dollars that change hands in the exchange per year, this is chump change, hardly a \"\"free money faucet\"\".  Also Katsayuma opened yet another dark pool that caters to high volume clients (your goldmans and merrils). The only difference in IEX is it got a free marketing campaign to entice clients. Seriously, IEX is nothing more than the existing fixed cross dark pools, which btw screws over retail investors more than the lit exchanges like NASDAQ.   Katsayuma got steamrolled in his executions because he couldn't keep up with the time and then hit the lottery jackpot by getting Michael Lewis to paint him as a \"\"hero\"\", honestly I'm confounded at how lucky that dude got.  BTW broker dealers get preferential treatment in IEX, meaning they get to cut in front of the line in front of retail investors. Why are you so opinionated about this, did you make a few bad trades on eTrade and need a scapegoat?\""}
{"_id": "202841", "title": "", "text": "Looked at the luv model quickly. The most likely reason is you calculated a FCF lower than the market. You have FCF decreasing due to shrinking margins over the model period. Your terminal value then has the FCF growing by 2.3% into perpetuity so that doesn't really coincide. I mean, it could but I wouldn't use it. I personally think the shrinking margin assumption going forward is a little much.   For your terminal value calc, don't you want that to be the final model year cash flow times 1 plus the terminal growth rate?    Also, I find it interesting that the risk free rate is the terminal growth rate. Any particular reasoning behind that?  It works now at the 2.3% but probably wouldn't in a different interest rate environment."}
{"_id": "202864", "title": "", "text": "What do you mean by professional? Seems like you want to hire people to work and you to manage. This is fine but your costs will rise significantly. Seems like first you need more business to hire more people. Be careful that your market can support a larger buisness. Ive heard of many 2 bay car garage types going bankrupt after moving to a 4-6 bay because they couldnt keep the bays full 100% of the time"}
{"_id": "202871", "title": "", "text": "\"That doesn't make any sense.  Companies bid for these contracts and often the lowest bid wins.  The issue is employee compensation of these rail services and the power of public union that \"\"represent\"\" them.  When you have janitors pulling in $270k + benefits with their OT something is wrong.\""}
{"_id": "202911", "title": "", "text": "\"I don't disagree with that but my point is that there is a need to be engaged on both fronts: international as well as domestic. CFR President Richard N. Haass argues in his new book \"\"A World in Disarray\"\" that it's imperative to our long-term interest that we do both, successfully. That means not just changing allocations but raising more money to get our fiscal house in order as well.   Again, just a different school of thought. I follow it but I get why others don't.\""}
{"_id": "202913", "title": "", "text": "Graphs are nothing but a representation of data. Every time a trade is made, a point is plotted on the graph. After points are plotted, they are joined in order to represent the data in a graphical format.  Think about it this way.  1.) Walmart shuts at 12 AM. 2.)Walmart is selling almonds at $10 a pound.  3.) Walmart says that the price is going to reduce to $9 effective tomorrow. 4.) You are inside the store buying almonds at 11:59 PM.  5.) Till you make your way up to the counter, it is already 12:01 AM, so the store is technically shut. 6.) However, they allow you to purchase the almonds since you were already in there.  7.) You purchase the almonds at $9 since the day has changed. 8.) So you have made a trade and it will reflect as a point on the graph. 9.) When those points are joined, the curves on the graph will be created. 10.) The data source is Walmart's system as it reflects the sale to you. ( In your case the NYSE exchange records this trade made). Buying a stock is just like buying almonds. There has to be a buyer. There has to be a seller. There has to be a price to which both agree. As soon as all these conditions are met, and the trade is made, it is reflected on the graph. The only difference between the graphs from 9 AM-4 PM, and 4 PM-9 AM is the time. The trade has happened regardless and NYSE(Or any other stock exchange) has recorded it! The graph is just made from that data. Cheers."}
{"_id": "202914", "title": "", "text": "\"&gt; if they believed a doubling of wages would result in greater sales and profitability they would do it in an heartbeat. But it won't.  Who said it would increase their profit?  Just you, in this red herring.  No one is saying that.  Raising employees' wages and benefits would a) create happier employees, many of whom might just work harder and better and b) create *very* good PR for Wal-Mart corporate, making many feel better about shopping there and c) those employees wouldn't have to rely on public welfare, benefiting the rest of us greatly.  This is really about the utter failure of trickle down:  richest company in the world, and why doesn't that trickle down to the employees?  Doing the right thing sometimes means delayed gratification, something \"\"job creators\"\" simply don't understand.\""}
{"_id": "202933", "title": "", "text": "\u201cChase\u2019s tellers do not have the authority to close an account\u2026\u201d That\u2019s a \u201ctruthy\u201d bit of bullshit. Yes, a teller themselves do not have the authority to close an account. But if you are the owner of the account and you state to the teller that you would like to withdraw all of your money into a cashier\u2019s check so as to close the account they cannot refuse you. Since they fed you this nonsense, they might play some delaying tactics like calling a manager and having them talk to you tough the window and such. But just stand your ground and state you would like to close the account and withdraw all funds. Now if they were extra slimy and if you were to withdraw all funds but they let the zero balance float for a bit so they could claim a fee on you, bullshit once again. You should take any notice of fees coupled with a dated receipt showing the date you withdrew funds, go to the branch and complain to the manager right away. State clearly you will not pay any fees and you would like written verification that your account is closed. Also\u2014and this goes without saying and is implied above\u2014but be sure to keep copies of all if your receipts and transactions. If they state they want to hold onto something, demand they make a copy. And for your own safety/sanity keep your own backup copies somewhere safe at home. All of that said, I have seen modern consumer bankers really act like a bunch of slimeballs in the past decade or so, but generally this has still been an exception to the rule. The reality is if you do not want to have your money in their bank it\u2019s in their best interest to let go of you as soon as possible; especially if you have a small amount of money such as $1,500 at stake. Remember your rights as a consumer, remember it\u2019s your money and remember\u2014and remind them\u2014that you can report them if they deny you reasonable access to your funds."}
{"_id": "202954", "title": "", "text": "\"&gt; You're saying I can substitute my 2-week for dailies and wear the dailies for a month?  I've been doing exactly this for ... almost 10 years now.  (I recommend you only wear them for 2-3 weeks.)  &gt; Is there any reputable source that can confirm that dailies are built exactly the same as monthly contacts?  When I first got contacts and was trying to find a make or brand that was comfortable I did some research.  They're all made out of pretty much the exact same kind of super sparse material.  At the time I did my research, there were only four different classes of materials used, and even amongst them they were all very very similar.  And in all cases, contact lenses are 94% water.  If something is made out of 94% water, it almost pretty much doesn't matter what they're made out of.  And you also must remember, doesn't matter if they are 1-day or 2-week lenses, they have to do the exact same thing to light.  They might be a bit thinner or a bit thicker in total, but in the end, physics governs their shape and comfort governs their size.  And it's not the plastic of the \"\"lens\"\" that is actually providing the correction, it's the refractive index of water being held in a certain shape by the matrix of the plastic.  The plastic simply \"\"retains the water in it's matrix and prevents evaporation\"\".  IMPO, it would be nearly physically impossible to make 1-day lenses that could not be used as 2-week lenses.  You can be damn sure the lens makers have been trying hard to do this.  BUT, because they are \"\"medical devices\"\", it's super easy to take a single nearly identical product, make two different named brands, and get regulatory approval for A for 1-day use, and get regulatory approval for B for 2-week use.  (They have to do studies and things to prove they are safe to use... that costs money, but it also gives them a forum for \"\"official differentiation\"\".)  Why haven't you heard of it?  Not sure.  Maybe not a critical mass of people in society that use contacts that can create a self propogating word of mouth information wave.  Most people I know can't tolerate them, or find it too hard to put them in.  (I originally had problems putting them in, then found a much better method of doing it. I've gotta put that on youtube someday.)  And a lot of people simply get the laser surgery.  ps: Ask more questions about why \"\"prescriptions\"\" for pieces of glass you put on your nose \"\"expire\"\", but your glasses themselves don't have a \"\"throw out by\"\" date nor do they \"\"wear out\"\" in 2 eyars, also then compare it to the racks of reading glasses on sale at book stores and pharmacies that don't \"\"require a prescription\"\", and how there exist charitable associations that take your donated \"\"old glasses\"\" and ship them to Africa in bulk for use by people who've never had an optometrist appointment in their life.  Also ask yourself about how when Benjamin Franklin invented \"\"shaped pieces of glass for the nose\"\", he and millions of others didn't have something nasty befall them by wearing pieces of glass on their nose that wasn't \"\"prescribed by a doctor\"\".  Finally note that Optometrists appointments between the ages of 20 and 60 are not covered **at all** by Canadian medicare.\""}
{"_id": "202960", "title": "", "text": "No. You shorted the stock so you are not a shareholder. If you covered your short, again you are not a shareholder as you statement of account must show. You cannot participate in the net settlement fund."}
{"_id": "202979", "title": "", "text": "I wish... the Red Robin here and you'll have the waitress, an assistant manager, and a manager all ask you how everything is two or 3 times a meal, often in rapid succession... like literally 1 minute apart. Leave me the fuck alone!!! All I need is the waitress to covertly keep an eye on the level of my drink, and maybe a quick check 2 minutes after delivering the food to make sure everything is as it should be. I don't need to be asked if everything's ok 9 times a meal."}
{"_id": "202983", "title": "", "text": "\"Pay the Best Buy first.  Most of these \"\"Do not pay until...\"\" deals require you to retire the entire debt by the deadline, or they will charge you deferred interest for the entire period. So, if this was a six-month deal, they're going to hit you for an extra $300 in December.\""}
{"_id": "202984", "title": "", "text": "I'd assume they're trying to cut down on logistics costs for their likely biggest market.  When I ordered a laptop from lenovo.com, it came in a shipment straight from Shanghai.  Regardless of deals or speed, that can't be cheap."}
{"_id": "202985", "title": "", "text": "Two more esoteric differences, related to the same cause... When you have an outstanding debit balance in a margin the broker may lend out your securities to short sellers.  (They may well be able to lend them out even if there's no debit balance -- check your account agreement and relevant regulations).   You'll never know this (there's no indication in your account of it) unless you ask, and maybe not even then. If the securities pay out dividends while lent out, you don't get the dividends (directly).  The dividends go to the person who bought them from the short-seller.  The short-seller has to pay the dividend amount to his broker who pays them to your broker who pays them to you.  If the dividends that were paid out by the security were qualified dividends (15% max rate) the qualified-ness goes to the person who bought the security from the short-seller.  What you received weren't dividends at all, but a payment-in-lieu of dividends and qualified dividend treatment isn't available for them.   Some (many?  all?) brokers will pay you a gross-up payment to compensate you for the extra tax you had to pay due to your qualified dividends on that security not actually being qualified. A similar thing happens if there's a shareholder vote.  If the stock was lent out on the record date to establish voting eligibility, the person eligible to vote is the person who bought them from the short-seller, not you.  So if for some reason you really want/need to vote in a shareholder vote, call your broker and ask them to journal the shares in question over to the cash side of your account before the record date for determining voting eligibility."}
{"_id": "202987", "title": "", "text": "If you're truly ready to pay an extra $1000 every month, and are confident you'll likely always be able to, you should refinance to a 15 year mortgage. 15 year mortgages are typically sold at around a half a point lower interest rates, meaning that instead of your 4.375% APR, you'll get something like 3.875% APR.  That's a lot of money over the course of the mortgage.  You'll end up paying around a thousand a month more - so, exactly what you're thinking of doing - and not only save money from that earlier payment, but also have a lower interest rate.  That 0.5% means something like $25k less over the life of the mortgage.  It's also the difference in about $130 or so a month in your required payment. Now of course you'll be locked into making that larger payment - so the difference between what you're suggesting and this is that you're paying an extra $25k in exchange for the ability to pay it off more slowly (in which case you'd also pay more interest, obviously, but in the best case scenario).  In the 15 year scenario you must make those ~$4000 payments.  In the 30 year scenario you can pay ~$2900 for a while if you lose your job or want to go on vacation or ... whatever. Of course, the reverse is also true: you'll have to make the payments, so you will.  Many people find enforced savings to be a good strategy (myself among them); I have a 15 year mortgage and am happy that I have to make the higher payment, because it means I can't spend that extra money frivolously. So what I'd do if I were you is shop around for a 15 year refi.  It'll cost a few grand, so don't take one unless you can save at least half a point, but if you can, do."}
{"_id": "202990", "title": "", "text": "We were close to doing something like this but we ultimately find it cheaper and more profitable to find those who are just looking to sell off their accounts. Within the past five years I believe we have done this six or seven times which benefits us greatly but at the same time more competition comes in, people quit their business and cancel, the business is transferred to a new owner and they cancel, etc etc. We do well, but are always looking for more."}
{"_id": "203012", "title": "", "text": "Banks and energy are fundamental requirements for modern civilisation, and there are plenty of both who contribute a great deal to society's well-being, but I do know where you are coming from.  The nature of the system we have is that the largest organisations tend to attract the most ruthless leaders who are prepared to screw over people and the environment in pursuit of their own selfish interest. Sociopaths cunning enough to not get caught out are rewarded and those who prioritise social benefits over the growth of their organisation are out-competed and make themselves less relevant. In theory, that should be kept in check by culture of social responsibility, a strong free press and good government, but those things have been eroding for a long time.  There are mutual funds who seek to invest only in ethical companies. Ethics are subjective, so there's always the possibility that you'd disagree with their choices, or they make errors of judgement, but it's a better option than a fund that only considers returns. You've got a better chance that it is run by people who think ethics are important, so they might not see their clients as muppets to be fleeced (like Goldman Sachs apparently does).  Alternatively, you could invest in a fund that contributes to growing a developing nation's economy, or only invests in renewable energy, or agriculture, or whatever you consider important."}
{"_id": "203040", "title": "", "text": "\"SELL -10 VERTICAL $IYR 100 AUG 09 32/34 CALL @.80 LMT 1) we are talking about options, these are a derivative product whose price is based on 6 variables. 2) options allow you to create risk out of thin air, and those risks come with shapes, and the only limit is your imagination (and how much your margin/borrowing costs are). Whereas a simple asset like the shares for $IYR only has a linear risk profile. stock goes up, you make money, stock goes down, you lose money, and that risk graph looks linear. a \"\"vertical\"\" has a nonlinear risk profile 3) a vertical is a type of \"\"spread\"\" that requires holding options that expire at the same time, but at different strike prices. 3b) This particular KIND of vertical is called a bear call spread (BCS). Since you are bearish (this makes money if the stock goes down, or stays in a very specific range) but are using calls which are a bullish options product. 4) -10 means you are selling the vertical. +10 means you are buying the vertical. A \"\"long\"\" vertical is initiated by buying an option closer to the money, and selling an option at a higher strike price. This would be +X A \"\"short\"\" vertical is initiated by selling an option closer to the money and buying an option at a higher strike price. The quantity would be -X 5) 32/34 stands for the strike prices. so you would be selling 10 call options at the 32 strike price, and buying 10 call options at the 34 strike price, both options expire in August 6) LMT stands for limit order, and $.80 is the limit order price that is desired. OPENING a vertical spread requires knowledge of options as well as how to send orders. MANAGING a vertical requires even more finesse, as you can \"\"leg-in\"\" and \"\"leg-out\"\" of spreads, without sending the entire order to the exchange floor at once. There is much to learn.\""}
{"_id": "203058", "title": "", "text": "I work at a big corporation and I hear a lot of these phrases constantly by fully capable people. It's not just fluff to sound impressive. It's more slang or idioms than anything. We all know what they mean."}
{"_id": "203091", "title": "", "text": "With 10% return over three years, depositing $900 each month, in three years $34,039.30.  Re. downvote. I guess this is too brief and without explanation, but I was rushing.  If you want further explanation of how this is calculated check the link already posted by JoeTaxpayer, and have a look at the formula for continuously compounded return.  Also, try out the numbers in the simplified example below yourself.  E.g.  Addendum mhoran_psprep has pointed out that I didn't read the OP's post closely enough.  With rolling investments the total return will be:  Where n is the month number i.e. 36, 37, etc."}
{"_id": "203104", "title": "", "text": "Its Price/Earnings, or P/E, is at (roughly) 96 That means that for EVERY $1 that Amazon makes in profit, people are willing to pay $96 for it. This also means that for every $1 I invest in Amazon, I'll have to wait 96 years until I've collected on that - and that's assuming that 100% of their profit goes out through dividends, something that Amazon doesn't give out. This is either because the stock price is really high, or because its earnings is LOW.  Is this kind of ridiculous P/E common among the US stock (I'm not from the US)? Is there something going on in Amazon? Am I missing something (I'm a little new myself)?  I'm looking at [this graph](http://i.imgur.com/4YpDH.png). Return on Equity (aka RoE) has been going down. This is either because it has added more shareholders equity (equity issuance?), OR it's because net income has been falling. When you compare this to the rising P/E this recent year, something tells me that something is screwed up. People have been valuing Amazon *more and more*, while Amazon has been providing *less and less* to its shareholders!  [Here's more statistics](http://i.imgur.com/kJjPW.png) showing profit margin going down the last year, while the valuation went up (though it has been falling as it maxed at P/E 113).  So, either I've missed something (some awesome news or whatever), or I'm uneducated, or this stock has been overvalued. I'm assuming that it probably was a mix of the first and the last, and that this is just a correction. Correct *me* if I'm wrong."}
{"_id": "203105", "title": "", "text": "First off, I'd highly recommend looking at this nytimes rent vs buy calculator. This calculator gives you some great flexibility (for example, estimating what will happen with a 7% return in the stock market, and comparing renting vs buying). Secondly, I have personally gotten a lot out of this wall street journal book. Check it out at the library or buy it and read it cover to cover.  My personal opinion is that buying a house or condo is mostly a lifestyle choice.  Some specific caveats with your situation: A sidenote: One of my friends who bought a condo in chicago is considering moving to a different city and is very much regretting buying a condo, even though he got the $8k housing credit, because renting isn't as easy as it looks (you can do it and do it profitably but you darn well better consider that BEFORE buying a condo)"}
{"_id": "203138", "title": "", "text": "\"&gt; I didn't say she was qualified for the job;   Good! You realized the real story here. Great!  &gt; merely that her undergraduate degree doesn't determine her qualification. Again, reading comprehension, please.  And I said the same!  &gt;&gt; But with my doubts, yes there are few cases of somebody with one background and studies becoming a real expert and leader in a totally different area. It's rare!!!!!  &gt;&gt; For lower level jobs, yes, a music major may become a descent programmer or project manager. I doubt they will become experts and best in the field.  I also said that for a CHIEF Security Officer, and other high level roles, these are serious responsibilities, only real experts with real background should be chosen. No \"\"diversity\"\" and \"\"nice person\"\" is even a factor here.  As for HR, you probably haven't been long in the corporate world.  HR is all about minimizing costs of employees and weeding out any \"\"troublesome\"\" employees that managers don't like.   I want to see the first HR department that will go to defense of a long term loyal and good employee against their managers, also when \"\"position is eliminated\"\" or \"\"reorganizing\"\". HR reports to management and not to employees.   Don't pay attention to HR's desperate attempts to promote their image among employees.  ... and as a manager with many people reporting to me, I waste so much of my time on HR nonsense pretending that I care about HR views and policies.\""}
{"_id": "203139", "title": "", "text": "One major benefit to being able to buy discounted company stock is that you can sell in-the-money covered calls and potentially make more than you would selling at strike."}
{"_id": "203141", "title": "", "text": "I know that you're a recent college graduate who newly entered an MBA program, which means it's not a very good one. I know that you aspire to be in finance which, as a result of your poor choices regarding school, means that you will never be more than a ScottTrade broker.   But as of right now you're just a student lying on the Internet about his portfolio, trying to feel like a finance big shot. I gave you an opportunity to prove you're not full of shit and you blew it, and somehow thought I wouldn't see right through it."}
{"_id": "203142", "title": "", "text": "IN THE NEWS-SPRINGHILL GROUP COUNSELLING  http://inthenews.springhillgroupcounselling.com/   Conference on \u2018Achieving Better Parenting for our Children\u2019  November 29, 2011  \u2018Parenting towards Resilience\u2019 was the main theme discussed during a conference held recently, organised by Agenzija Sedqa in collaboration with the Office of the Children\u2019s Commissioner. Ms. Sina Bugeja, Chief Executive Officer, Foundation for Social Welfare Services during her opening address explained that Parenting towards Resilience, was the main theme chosen by the Foundation to [...]  Spring Hill United Church of Christ to offer support group for people with HIV/AIDS  November 29, 2011  By Gail Hollenbeck, Times Correspondent In Print: Saturday, November 26, 2011 Print Email Post Republish Story Tools Comments (0) Contact the editor Email Newsletters Social Bookmarking ShareThis ADVERTISEMENT ADVERTISEMENT Featured Syracuse Fires Assistant Basketball Coach Fine Bucs blow late lead, lose 23-17 to Titans Rewind: Admiral Farragut heads to state semis Armwood 23, Hillsborough 0 Pasco [...]  Health Board  November 29, 2011  SYLVIA THOMPSON German psychotherapist Bert Hellinger has developed an approach to dealing with relationship problems, financial distress, addictions and career troubles that is based on the idea that self-limiting beliefs can be inherited from previous generations. Julie Williams will lead a workshop in this approach on Saturday from 10.30am-5pm in Greystones Holistic Centre, Church Road, [...]  Etiquetas: Counselling, Group, News, Springhill, Springhill Counselling, Springhill Group, Springhill Group Counselling   entrada de tutchiegrant @ 01:31 0 comentarios  SPRINGHILL GROUP COUNSELLING  http://springhillgroupcounselling.com/    Authors  shgcounselling  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy.  1 Comment  |    Save   |  Tell a Friend  |  Add To  Tags : springhill group counselling"}
{"_id": "203155", "title": "", "text": "While IANAL (tax or otherwise), I have always found that keeping original receipts is the only way to go. While anything can, at some level, be forged or faked, a photo is one more step removed from the original.  A mere listing on a web site isn't much proof of anything. Keep your originals for a suggested seven years; while the IRS is trying to audit much faster than that, and any inkling of fraud can be investigated at any time, you should be well and clear with originals kept that long."}
{"_id": "203173", "title": "", "text": "Estimated tax payments should be a reasonable estimate of what you owe for that time period. If it seems reasonable to you, it is probably reasonable. Sure, you can adjust for varying-length periods. As long as, in the end, you can and do pay what you owe, and don't underpay the estimated/withholding by enough that you owe a penalty, the IRS isn't all that picky about how the money is actually distributed through the year."}
{"_id": "203175", "title": "", "text": "Gigabit internet should be available nationwide and caps should be illegal.  Youtube's bandwidth costs are approximately 0% for webpages. It's all about video. P2P is *fantastic* at sharing video, and if the gateway to that stays on the server-client model, oh well. P2P can reduce the cost of running that server by orders of magnitude.  &gt; It would just offset the costs from the website-owner to the website-user  Yes. Users would pay back the bandwidth they use. Costs would be offset to users - just like you're proposing. Except the technical solution is cheaper, fairer, and simpler than hassling and begging people to send money."}
{"_id": "203201", "title": "", "text": "I spent some time comparing banks' interest rates until I realized that it didn't actually matter (to me). The only money I keep in checking and savings accounts is money that I'm going to spend shortly or is part of an emergency fund, and in both those cases convenience of liquidity is far more important than small differences in interest (I want to be able to go to a nearby branch, even if traveling, and pull out large sums of money). The majority of our money goes into investment accounts, where it's earning much more than even the best savings account. Most of your 100k would be much better served in a stock/bonds mix. Are standard taxable investment accounts one of those things you can't open? What about if you opened one in your home country?"}
{"_id": "203231", "title": "", "text": "\"Global banks are without a doubt the new evil empires. They're buying debt for pennies on the dollar, because they know the risk of default/bankruptcy, yet they expect the IMF to do for international debt what W did for student loans. Wasn't Argentina also the country that had a vulture fund \"\"seize\"\" one of their naval vessels? Soon banks will have their own standing armies and naval fleets to exact asset forfeiture.\""}
{"_id": "203232", "title": "", "text": "If you had a retirement plan at any time in 2013 you are considered covered by an plan. Are You Covered by an Employer's Retirement Plan? You\u2019re covered by an employer retirement plan for a tax year if your   employer (or your spouse\u2019s employer) has a: Defined contribution plan (profit-sharing, 401(k), stock bonus and money purchase pension plan) and any contributions or forfeitures were   allocated to your account for the plan year ending with or within the   tax year; IRA-based plan (SEP, SARSEP or SIMPLE IRA plan) and you had an amount contributed to your IRA for the plan year that ends with or   within the tax year; or Defined benefit plan (pension plan that pays a retirement benefit spelled out in the plan) and you are eligible to participate for the   plan year ending with or within the tax year. Box 13 on the Form W-2 you receive from your employer should contain a   check in the \u201cRetirement plan\u201d box if you are covered. If you are   still not certain, check with your (or your spouse\u2019s) employer. The limits on the amount you can deduct don\u2019t affect the amount you   can contribute. However, you can never deduct more than you actually   contribute. Additional Resources: Publication 590, Individual Retirement Arrangements (IRAs)"}
{"_id": "203247", "title": "", "text": "You should talk to a tax professional in your area.  It seems like you should start filing your returns.  In the US there are certain income thresholds that need to be attained before a return is required, though it's often thought of as best practice to file anyway.  Also in the US there are programs designed to encourage delinquent filers to begin filing again, which may include penalty/fee reduction for voluntarily filing.  Somehow I suspect Canada has similar programs. If you stand to inherit a sizable amount of money it seems that you should have a history of tax returns in order to minimize the number of questions that are asked should the money come your way. I'd talk to a tax person before consulting an attorney.  From the tone of your question the Canadian tax authority hasn't initiated anything against you.  You just want to understand the best course of action regarding your tax situation."}
{"_id": "203271", "title": "", "text": "Having worked at a financial institution, this is a somewhat simple, two-part solution. 1) The lendor/vendor/financial institution simply turns off the overdraft protection in all its forms. If no funds are available at a pin-presented transaction, the payment is simply declined. No fee, no overdraft, no mess. 2) This sticking point for a recurring transaction, is that merchants such as Netflix, Gold's Gym etc, CHOOSE to allow payments like this, BECAUSE they are assured they are going to get paid by the financial institution. It prevents them from having issues. Only a gift card will not cost you more money than you put in, BUT I know of several institutions, that too many non-payment periods can cause them to cease doing business with you in the future. TL:DR/IMO If you don't want to pay more than you have, gift cards are the way to go. You can re-charge them whenever you choose, and should you run into a problem, simply buy a new card and start over."}
{"_id": "203281", "title": "", "text": "\"The only thing Google Photos has in common with Picassa is that it stores your photos, but Photos is much more powerful than that. For example, you can search for \"\"horse\"\" and it will show you all your pictures of horses. Same with dogs, beaches, whatever.  And Google Assistant is much more capable than Siri.   Have you used either of those products?\""}
{"_id": "203298", "title": "", "text": "My possible new job requires me to do dfast and ccar among others.  A few questions   1) My background is public accounting and tax. I noted that these jobs requires experience from public firms. My past experience has nothing to do with banking. Any reasons? I have been reading up dfast in the past week and it seems they trust me to pick up fast. Another job ad from another bank indicates the same thing.   2) What type of job this is under? I tried risk analyst but quite a lot of times the results are quite different from what my job is.  3) What is the job outlook? My eventual plan is to a more data analyst role and/or job opportunities in EU. Currently in EA/SEA market.   4) Any programming language should I learn to speed up data extraction? I will be learning either python/r. And will surface 3 do? My current laptop is not working and the repair shop indicates the costs of repairing doesnt worth it."}
{"_id": "203334", "title": "", "text": "To explain the capital gains part of the question, non qualified stock options (NSOs) are always treated like earned income and have payroll taxes withheld. It's advantageous for the company to issue these because they can deduct them as expenses just as they do your salary. Articles talking about capital gains would probably be referring to incentive stock options (ISOs) or possibly even restricted stock units (RSUs). If you were granted the option to buy the stock and/or hold it for a period of time, then the stock options could be treated as capital gains, short-term gains if you held them for less than a year, and long-term gains if you held them for more than a year. This payment for your NSOs is exactly like a cash bonus. The withholding follows the same guidelines. You may wish to look at what this will mean for your annual salary and adjust your W-4 withholding up or down as appropriate depending on whether the 25% federal withholding rate is more or less than what you think your final marginal rate will be with this bonus included in your annual salary."}
{"_id": "203365", "title": "", "text": "\"[When your \"\"strategy\"\" is basically firing everyone not willing to \"\"bend the knee\"\" and those that defy you, you turn their job into a office nightmare while belittling them publicly, you're gonna find out nobody wants to work for you.](https://www.reddit.com/r/Keep_Track/comments/6klpz8/updated_list_of_resignationsfirings_of_key/)  Edit: words\""}
{"_id": "203380", "title": "", "text": "My god man, where do you live that is too expensive to live on your own and  7K isn't enough for emergency cash? Anyway, with your age and income I would be more worried about a long-term sustainable lifestyle. In other words, a job that nets you more than $26K/year. Someday you may want to have a wife and kids and that income sure as hell wont pay for their college.   That was life advice, now for financial: I've always been a believer that if someone is not a savvy investor, their priorities before investments should be paying off debt. If you had a lot of capital or knew your way around investment vehicles and applicable returns then I would be telling you something different. But in your case, pay off that car first giving yourself more money to invest in the long-run."}
{"_id": "203401", "title": "", "text": "Houtpellets zijn kleine cilindrische rolletjes gemaakt van 100% natuurlijk hout. Bij de persing van de pellets worden geen lijmen of andere chemische producten gebruikt. Het hout is afkomstig is van zaagsel en afval van het verwerken van hout. De energie die nodig is om pellets te maken is een factor 10 lager dan van bijvoorbeeld aardolie Stoken met houtpellets is makkelijk en gezellig."}
{"_id": "203436", "title": "", "text": "Buying a used car can be risky. It can be easy to make a mistake that would lead you to buying a lemon. Suddenly, your cost-saving tactic to buy a car is costing you more than you thought. This is why before you put down the money to buy your chosen car, there are a few things you should do."}
{"_id": "203438", "title": "", "text": "Most hospitals in the US are non-profits, and for-profits only make up about 20%. It's very hard to run a hospital profitably (especially with the high cost of care in the US), so a lot of these non-profits rely on tax exemptions and private donations in order to operate."}
{"_id": "203446", "title": "", "text": "\"If you are using software like QuickBooks (or even just using spreadsheets or tracking this without software) use two Equity accounts, something like \"\"Capital Contributions\"\" and \"\"Capital Distributions\"\" When you write a personal check to the company, the money goes into the company's checking account and also increases the Capital Contribution account in accordance with double-entry accounting practices. When the company has enough retained earnings to pay you back, you use the Capital Distributions equity account and just write yourself a check. You can also make general journal entries every year to zero out or balance your two capital accounts with Retained Earnings, which (I think) is an automatically generated Equity account in QuickBooks. If this sounds too complex, you could also just use a single \"\"Capital Contributions and Distributions\"\" equity account for your contributions and distributions.\""}
{"_id": "203470", "title": "", "text": "\"Social security and pensions make up a big part of it.  You may want to look at the source of the data.  If a person, has 5K at Vanguard, 5K at Fidelity and 100K at the bank; Fidelity will report on that person as having only 5K.  Vanguard will do the same. The opening pitch of a life insurance salesman sometimes includes the \"\"100 man story\"\".  Before retirement age:  26% of people will die, 54% will be broke, 5% will work, 4% will be secure, and 1% will be wealthy.  Then they sell you life insurance which is a horrible product for retirement savings. If you further dig into this subject you will find a great disparity between the mean and median retirement savings.  That is because many Americans have none, and those that do skew the average upward and have no where near mean or average. Its like this with other things in personal finance.  For example those with actual credit card debt have much higher than the average.  As those with none, or even no credit cards skew the average downward.  In my opinion it is like this because of behavior.  If one saved half of the average car payment over their working life in a growth stock mutual fund, they would make it to that 4% category.  If they also had a good salary, kept debt to a minimum, and saved a healthy amount they would make it to that 1% category.  It was a daily choice that was made many years prior to retirement.\""}
{"_id": "203475", "title": "", "text": "\"When using a debit card in a \"\"credit\"\" way, you don't need to enter your PIN, which protects you from skimmers and similar nastiness. Also, assuming it's a Visa or Mastercard debit card, you now have access to all of the fraud protection and other things that you would get with a credit card. The downside for the merchant is that credit card transaction fees are typically higher than debit card transaction fees. I'm less familiar with using a credit card in a \"\"debit\"\" way, so don't have anything to offer on that part of your question.\""}
{"_id": "203485", "title": "", "text": "\"Congrats you pulled some irrelevant statistics. No where in your response does it verify your claim that the majority of small businesses aren't turning a profit. And many small businesses do have a multiple stakeholders.  Since we are on the subject, do you know how large a company can be and still be classified as a small business?   [It is 500, 1,000, or 1,500 employees depending on the industry.] (https://www.forbes.com/sites/stevecooper/2012/09/20/the-government-definition-of-small-business-is-b-s/#58848cee360a) Five-hundred employees is not exactly small.  Oh by the way, I've worked for multiple small businesses under 100 employees and they've had owners, stakeholders, investors, a board of directors, etc. on top of all of the employees. Not every small business is some mom and pop company of 5-15 employees.  &gt;Then put your money where your mouth is and get out there and create some jobs.  Hahaha. This has nothing to do with the discussion but whatever dude. If we were both to start our own companies, I'd actually value my workers and you would just complain about labor costs of the people that are needed to run your business.  Here is the thing, I don't consider creating minimum wage jobs as true job creation, [because the tax payer is still footing the bill if the company isn't paying a live-able wage.](https://www.washingtonpost.com/news/wonk/wp/2015/04/14/when-work-isnt-enough-to-keep-you-off-welfare-and-food-stamps/) The majority of people on welfare are working families (see same link), so what good is job creation of minimum wage positions if the people that work them still have to rely on the government?  Think about this, if we were to remove the minimum wage and I could pay someone $1 and hour, I could \"\"create jobs.\"\" But we all know that is asinine because no one could live on that. Yet the same thing happens at the federal minimum wage of $7.25 and people like you don't see that there is no difference between the two examples. In both scenarios, people still don't make enough to live without some assistance.\""}
{"_id": "203492", "title": "", "text": "&gt; Then we sold them used on eBay for $200 and bought the next size up when it was time which was like 2 months later (they snap to multiple sizes)...  This sentence right here. This astounds me more than anything else in this entire thread."}
{"_id": "203494", "title": "", "text": "That's completely false.  If you buy a house and live in it for 30 years, it should rise about 2-3% with inflation (neglecting any bubbles), then when you sell it, it may be worth 75 to 100% more than you paid for it.  But if you sell it for 50-60% more, you didn't actually make any money (due to inflation), you lost money, but are still expected to pay capital gains on that."}
{"_id": "203503", "title": "", "text": "I really wetand to write down a quick message in order to say thanks to you for these pleasant tips and hints you are placing on this site. My incredibly long internet look up has finally been paid with high-quality information to go over with my company."}
{"_id": "203514", "title": "", "text": "Everyone always rants on how big of a problem this is.  Just a quick note, I don't care how much they get paid, but it's important to understand why.  It isn't because they set their own salaries, or that they are all super greedy.  Their pay is meant to solve an agency problem. The CEO doesn't own the company, the public does. Because of that the CEO has little incentive to act in the best interests of the owners, rather than his own interest.  So their pay is structured in a way that solves this problem. They are paid based on how well their company does, and how much shareholder value they create. This aligns their interests with the shareholders.  Is this the best solution? Probably not.  Is there a better one? Probably.  Do I know it? No.  But mindlessly complaining about the result doesn't solve the issue. The issue is we need a good solution for the agency problem in an economic system that is built on public ownership and private management."}
{"_id": "203521", "title": "", "text": "\"It makes sense if the NPV is positive. But what rate should you use at determining the NPV? A textbook might say \"\"market rate\"\".... and by definition the market rate to use in bond calculations like yours will mean that your NPV will be zero.  How can this be? Well it's a bit of a circular definition. You take less capital to earn a higher return. The value of your capital spread over the period of the bond's maturity is the net difference... but the money in your pocket from selling the bond and not purchasing also has value. Banks and traders do this exact swap every day, many many times. The rate at which you can execute this swap is what defines the market rate. Therefore, by definition, the NPV will be zero. Now, this doesn't mean it's a bad idea for you. You can, on your own accord, decide the value you place on the capital versus the yield and make the decision. Do you expect rates to rise or fall? Do you expect higher or lower inflation? In reality you can form whatever opinion you like for your own circumstance, but the market is the net aggregation of formative opinion. You only get to decide whether or not you agree with the market.\""}
{"_id": "203524", "title": "", "text": "Yes, there is debtor's prison in the U.S.  But you don't get sentenced because of the debt itself, but because you are not paying as much as a judge deems reasonable. Tens of thousands of mostly men are in jail because they are not able to pay an amount set by the court. Here is a balanced article that explains the situation: http://www.nytimes.com/2015/04/20/us/skip-child-support-go-to-jail-lose-job-repeat.html Note that the court does not need to prove your guilt. You also can end up in jail even if you have absolutely no ability to pay: In the Georgia class-action case, the plaintiffs were jailed in civil   contempt-of-court proceedings in which they did not have lawyers. They   included three veterans \u2014 one who had paid $75,000 in child support   but fell behind when he lost his civilian job because of   combat-related stress and family deaths; a second who was mentally ill   and had a letter from a Veterans Affairs doctor saying he was unable   to work; and a third who was incarcerated despite having paid $3,796   toward his debt by working odd jobs. Note that in these court proceedings you do not have the right to a lawyer and you are not presumed innocent."}
{"_id": "203530", "title": "", "text": "Just Tesla's products today solve it for many households. Solar Roof + Powerwall could run most single-family houses in the US no problem. Basically you just pre-pay your power bills for 20 years and you're all set.  The harder problem is electricity for high-density housing and industry. Solar farms solve some of that, but other power sources are a good idea too."}
{"_id": "203542", "title": "", "text": "\u200bEstimated Start-Up and Operating Costs in Chartering a Credit Union notes in part: Given the significant costs involved, most groups seek grant money and   non-member deposits (if pre-approved for the low-income designation)   to help subsidize the pre-chartering costs and annual operating   expenses. Thus, in forming the union there would be the money from members and possible grants to ensure completion of the chartering process which is how one starts a CU in the US."}
{"_id": "203544", "title": "", "text": "You have no grounds for a refund. The flight took off on time, and you chose not to be on board. The fact that the airline could not guarantee ahead of time that the flight would leave on time is not relevant. You can certainly try to dispute the charge with the airline, and it sounds like you have done so. The airline correctly indicates that your dispute is unfounded. You can call up your credit card company and explain the situation, and they may accept your dispute. However, I am not aware of any credit card that would reimburse you (that is, issue a chargeback) in this situation. I'm not trying to be unsympathetic. It sucks that you felt you could not rely on the airline, and are now out some money. Fundamentally, though, this was your choice. The airline would be obligated to reimburse you the cost of your flight, or book you on another flight, if the flight was cancelled due to bad weather or other issues, but they owe you nothing if the flight took off on schedule."}
{"_id": "203560", "title": "", "text": "I bet you're retired on a pension? Or just stupid? What? I need to no. Just because you tack a term to it, doesn't make it invalid.  You should DIE when you are no longer productive. Look at the DEBT you're handing to the future, while your employers run away with the EQUITY!"}
{"_id": "203573", "title": "", "text": "But how does the quantity matching happen? For example, if I want to buy 1000 shares at $100, but there is only one seller to sell 10 shares at $100, what happens then? This depends on the type of order you've placed. If you placed a fill-or-kill order, your order to buy or sell a certain number of shares is routed to the trading floor for immediate execution. If the order cannot be immediately filled, it is cancelled (killed) automatically. Note that the order must be filled in its entirety. Partial fills are not allowed. In your example, your buy order wouldn't be filled because it couldn't be matched to a sell order of the same volume. This is similar to an all-or-none order, which is an order that contains  A condition instructing the broker to fill the order completely or not at all. If there is insufficient supply to meet the quantity requested by the order then it is canceled at the close of the market. In this case, if your order wasn't matched to an order of the same volume by the time the market closes, it's cancelled. If you simply placed a market/limit order, and (in the case of the limit order), part of your order was matched to another order with the right price, that part of your order will be filled, while the rest will remained unfilled."}
{"_id": "203574", "title": "", "text": "Jimmy ch\u00ednh l\u00e0 chuy\u00ean vi\u00ean nh\u1eadn \u1ee6y th\u00e1c \u0111\u1ea7u t\u01b0 V\u00e0ng T\u00e0i Kho\u1ea3n &amp; cung c\u1ea5p Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 V\u00e0ng \u2013 Ch\u1ee9ng kho\u00e1n \u2013 Ti\u1ec1n t\u1ec7  JG l\u00e0 ngu\u1ed3n t\u00e0i nguy\u00ean c\u1ee7a Jimmy, bao g\u1ed3m: v\u1ed1n, ki\u1ebfn th\u1ee9c, quan \u0111i\u1ec3m, chi\u1ebfn l\u01b0\u1ee3c, d\u1ecbch v\u1ee5, th\u00f4ng tin \u2026 trong \u0110\u1ea7u t\u01b0  Jimmy Group kh\u00f4ng ph\u1ea3i l\u00e0 t\u1ed5 ch\u1ee9c m\u00e0 thu\u1ea7n t\u00fay l\u00e0 t\u1eadp h\u1ee3p gi\u1eefa c\u00e1c c\u00e1 nh\u00e2n c\u00f3 m\u1ed1i li\u00ean k\u1ebft v\u1edbi Jimmy, ngh\u0129a l\u00e0 Jimmy v\u00e0 c\u00e1c ng\u01b0\u1eddi b\u1ea1n"}
{"_id": "203602", "title": "", "text": "Someone remind WalMart this is not 2007 when they were the baddest, biggest company in the country.   Don't try to dictate your terms on others. It still blows my mind that if you do business with Walmart you need an office in Bentonville."}
{"_id": "203626", "title": "", "text": "No offer is too low. You can always offer more but you can't offer less once you have made your first offer. And there is always another great deal just around the corner. The more enthusiastic you are about buying this property the less your negotiating power will be. The pproperty has already been on the market for a long while, so the vendor may be getting desperate to sell, so their negotiating power is already lessened. Know what the market is in the the area and offer at least 10% below the market. If it is a weak market then offer at least 20% below market. (Note: the list price is usually more than the market price). So offer as low as possible and you can always offer more if you think it is still a good price. Treat it like a game and have some fun, don't stress out if you miss out, there will always be a better deal just around the corner."}
{"_id": "203633", "title": "", "text": "I think much of that info is hidden behind pay-walls.  Here is one site I've found. http://www.feinsearch.com/ Another that is for non-profits only is guidestar. http://www.guidestar.org/rxg/products/nonprofit-data-solutions/product-information/guidestar-premium/advanced-nonprofit-search.aspx"}
{"_id": "203636", "title": "", "text": "Everyone seems to think Bezos is playing 3D chess but I could see this being like Google's brief Motorola Mobility purchase. They might see how unwieldy the whole thing is, maybe take a few things out of it, and sell it when the experiment is deemed a failure. I don't buy the whole, store as a delivery hub theory, as I don't see how their locations could realistically support any kind of mass delivery operation. I think it's mostly an effort to bring technology and Amazon branding to a physical footprint, and since food is hard to crack online, they figured they would do it via Whole Foods, especially since they have pretty high quality locations and aesthetically pleasing stores."}
{"_id": "203638", "title": "", "text": "The only time I've bothered with stop orders is when I think the position is in a particularly volatile state and there is an earnings report pending.  In this situation it's an easily debatable thing to do.  If I'm so concerned that the earnings report will be enough to cause a wild downswing that I'd place a stop order, maybe I should just drop the position now.   I subscribe to the school of thought that you don't sell your MVPs.  I've bought a few things on a whim that really performed well over the few years to follow.  To me it doesn't make sense to pick a return at which I would turn off the spigot.  So generally it doesn't make sense to hold orders that would force a sale, either after some upside or downside occurs. Additionally, if I've chosen something as a long term hold.  I never spend all my cash opening up a position.  I've frequently opened positions that subsequently experienced a decline, when that happens I buy more. Meaningless side thought: With the election coming I've been seriously considering pulling some of my gains off the table.  My big apprehension with doing that is that I have no near-term alternative use for the money.  So what's the point of selling a position I'm otherwise comfortable with just to pay taxes on the gain then probably buy back in?"}
{"_id": "203642", "title": "", "text": "I know you really like bananas, but don't you think you would get tired of them after a while?  Better stock up on some kiwi and mango just to mix it up a bit. I wouldn't want to risk eating only banana sandwiches, banana ice cream and banana bread for the rest of my life.  I have don't think I could take it.  Same goes for mango and kiwi, but I think if I had all three I could probably get along just fine."}
{"_id": "203656", "title": "", "text": "I'm really sorry, but what do you mean by ISM? I googled it but found nothing.. Thanks!  Anyway, the WF product is really good indeed. Maybe we (r/finance) could start a weekly report too, quoting major reports like this one, and make some comments/analysis. That could be interesting don't you think? It would take quite some time but I think this sub lacks something like this."}
{"_id": "203670", "title": "", "text": "\"Using the fact that you'd save $160/mo by spending $7000, I'd look at it this way -  If I were to lend you the $7000 at 12%/yr, $160 would pay it off in 58 months. At 18%/yr, 72 months or just 6 years. You can run spreadsheets to get breakeven scenarios, and mhoran is on track with his answer, but breakeven is just one point to consider. Beyond that date, it's free money.  My approach is to look at it with a question - \"\"How much interest could I afford to pay to make that monthly savings worthwhile?\"\"\""}
{"_id": "203683", "title": "", "text": "\"I agree with all that was said here, but I have to add something. Another point I will add is \"\"stimulus: while you still can.\"\" At some point you can no longer take on more debt even if you wanted to. If global and domestic investors think you are going to be a risky investment then they cut you off. The people who argue that Greece shouldn't be implementing austerity don't seem to understand the situation they are in. Far fewer wanted to lend money to them even before they started their \"\"haircut\"\" shanigans. People think the government should spend more, but how are they supposed to do that if no one wants to lend more money? They also criticize Germany and co. for insisting on austerity. What they sometimes seem to forget is that Germany doesn't have an infinite supply of money to bail out Greece. They have their own bills to pay and any politician who was dumping ever larger amounts of money into Greece would be looking at being voted out or even assassinated if they let things get too bad for the German people (I am being a little hyperbole here to make a point, but I honestly feel it is a very real possibility in this kind of economic climate). At this point there is no reason to discuss whether Greece should choose to spend more money, because that choice is no longer even available to them.  We are not as bad off as Greece right now. We should spend more money but we need results. We need to identify the structural problems ailing our economy and get them fixed with the money we have. Direct spending isn't always a great idea if it is done in a nonsensical way. People defending the bike paths and other shit argue that all spending is good in a depression. I am not against bike paths and roads, because they can certainly create jobs and generate value to the economy. But every dollar you spend on them is one dollar that can't be spent on the biggest problems (assuming of course that kind of infrastructure isn't one of those).  After spending trillions of dollars on spending, our GDP is still growing at only 2%. It was increasing about 3.5% every year from 1947-2012. Our jobs creation rate is still less than half the 250,000 jobs a month we created in the last 10-20 years (can't remember the exact number). We definitely need to spend differently to address the problems and get people back to work. As curtiscarlson said, we need middle class jobs. We particularly need those among America's youth so they can move out of their parents' houses and buy their own, which could really help the housing economy and create jobs for the lower class in turn and get us out of this depression. My thoughts are that we should use stimulus in new new industries such as those in high tech. I intentionally stated that very broadly, because we have many millenials who need to get to work.  Investing in different high growth industries could create jobs for people in any number of occupations. But if we don't do that while people still want to lend us money then we are going to be fucked in a few years when we are out of options and land in the same position as Greece.  edit:let me clarify the infrastructure thing. There was a town that spent millions rebuilding a sidewalk that was five years old that no one in the community wanted. Everyone there thought it was a nonsensical way of spending tax dollars and would have thought that money could have been better spent in another community that really needed problems resolved. Wouldn't it have made more sense to spend money somewhere where it was needed? then you could have created jobs AND created lasting value to an economy by fixing a structural problem that was holding the economy back. Why don't our politicians realize this?\""}
{"_id": "203710", "title": "", "text": "No, there isn't. There are a number of reasons that institutions buy these bonds but as an individual you're likely better off in a low-yield cash account. By contrast, there would be a reason to hold a low-yield (non-zero) bond rather than an alternative low-yield product."}
{"_id": "203715", "title": "", "text": "Unfortunately that's the most recent full report on things I know of, it was published in December. The current stats can be found elsewhere online. Currently Instagram is surging and has been since March, it's now bigger than Twitter.   Also I believe those stats in the report are based off people who use the network at least once a day. This would include Messenger.   I'm a social media marketer and consultant. The irony is like you I primarily use Facebook as a way to talk to people, I do participate in some groups but other than that I actually have my news feed blocked.   Twitter is a massive time suck to market on, and not my favorite so I just automated that.   Instagram is currently my favorite social media site and I think many Millennials would agree with that. People are highly visual, so it makes sense Instagram is surging. That and there's a lot less drama and bullshit on Instagram in my experience."}
{"_id": "203720", "title": "", "text": "&gt; This as Kroger keeps expanding stores and now using space to sell mom jeans and cheap socks.  Sounds like they are copying a page from their Fred Meyer unit. Not surprising though as I understand a lot of people at Kroger HQ these days came up through the Fred Meyer unit."}
{"_id": "203729", "title": "", "text": "\"A Ponzi scheme, simply defined, is where the schemer uses funds invested by one person to pay off (or provide a return) for an earlier investor.  Such schemes require a continual supply of new investors, and when they run it, the schemes collapse. Bernie Madoff is the best modern-day example of how a Ponzi scheme works, and he ran his for decades before it finally caved in thanks to the 2008 economic crash.  People who had been content to leave their \"\"returns\"\" with Bernie started getting margin calls as the markets imploded, so they asked Bernie for redemptions he didn't have the funds for.  That's what caused him to come clean, because there was no way to hide it any longer. Buying shares in a company with no revenues and then selling them to someone else at a higher price is not a Ponzi scheme.  That falls under the \"\"greater fool\"\" theory of economics -- there's always a bigger fool who can be parted from his money. As was pointed out, Enron is a great example of what you're talking about -- they published totally fabricated financial statements that people then used as the basis to invest, only to learn later that it was all a lie.\""}
{"_id": "203758", "title": "", "text": "Layman with a question: the financial world is commonly depicted and regarded as being incsanely hard-driving. High pressure with very challenging work, and absolutely life-consuming. IRL, I've ever heard a few stories second-hand about things like fairly regular 18 hour work days and such. Finance is certainly a broad field with many facets; but generally how true is this? I have to assume it at the least doesn't quite meet popular perception, because people would have nervous breakdowns..."}
{"_id": "203787", "title": "", "text": "Since Brad answered with a great reply, I'd like to offer another comment: Be careful with the results. Annualized returns of short term trading can produce some crazy results. For example, a 10% gain in a week isn't unheard of for individual stocks, but (1.1)^52 = 142. or a 14,100% return.  This may be obvious, but may help those who aren't so familiar with the numbers to understand that data running less than a year isn't going to provide as much useful conclusion as longer term. Note: Even a year doesn't really reflect success in a given strategy."}
{"_id": "203791", "title": "", "text": "\"It sounds like maybe you want an \"\"investment club\"\".  As defined by the SEC: An investment club is a group of people who pool their money to make investments. Usually, investment clubs are organized as partnerships and, after the members study different investments, the group decides to buy or sell based on a majority vote of the members. Club meetings may be educational and each member may actively participate in investment decisions. These \"\"typically\"\" do not need to register: Investment clubs usually do not have to register, or register the offer and sale of their own membership interests, with the SEC. But since each investment club is unique, each club should decide if it needs to register and comply with securities laws. There's more information from the SEC here: http://www.sec.gov/investor/pubs/invclub.htm The taxes depend on how you organized the club, i.e. if you organize as a partnership, I believe that you will be taxed as a partnership. (Not 100% sure.)  Some online brokerages have special accounts specifically for investment clubs.  Check around.\""}
{"_id": "203803", "title": "", "text": "IRR is subjective, if you could provide another metric instead of the IRR; then this would make sense. You can't spend IRR. For example, you purchase a property with a down payment; and the property provides cash-flow; you could show that your internal rate of return is 35%, but your actual rate of importance could be the RoR, or Cap Rate. I feel that IRR is very subjective. IRR is hardly looked at top MBA programs. It's studied, but other metrics are used, such as ROI, ROR, etc. IRR should be a tool that you visually compare to another metric. IRR can be very misleading, for example it's like the cash on cash return on an investment."}
{"_id": "203808", "title": "", "text": "Who is this in reference to?  They use their media to assassinate real news. They use their schools to teach children that their president is another Hitler. They use their movie stars and singers and award shows to repeat their narrative over and over again. And then they use their ex-president to endorse the resistance."}
{"_id": "203820", "title": "", "text": "\"Small businesses are often governed by local regulations and state law. In a low liability small quantity arena, you should be able to get away with a DBA (doing business as) arrangement, such as DBA \"\"Jay's Gem's\"\". A small business license may come with a state Tax ID and satisfy your supplier, but a Federal EIN can be obtained from the IRS, and may be necessary to apply for the business license. It wouldn't hurt to talk to the local chamber of commerce or state small business agencies if you have questions about local requirements.\""}
{"_id": "203825", "title": "", "text": "My parents owned 5 bowling centers throughout my childhood. Summer is the toughest time for a bowling alley. Open play is down because people want to be outside. Leagues run August-May and the majority of league bowlers want to take the summer off. Leagues are guaranteed revenue week to week. Summer months were usually break-even.   Does this center have a bar? That's a significant portion of revenue, especially in the summer."}
{"_id": "203846", "title": "", "text": "Current S&amp;P 500 Shiller PE is higher than it was on Black Tuesday in 1929, Black Monday in 1987, and 2008 before the market went off the cliff.  I'm a firm believer in what comes up having to go down eventually, I just can't put my finger on how soon it'll be or the magnitude.  I don't think we'll see a dot com blowup, since this current bull market isn't based on fiction, but there will be a drawdown as the Fed unwinds their balance sheet and interest rates return back to normal.  The only question is how much further it'll fall at that point."}
{"_id": "203873", "title": "", "text": "Sell half. If it's as volatile as you say, sell it all and buy on another dip. No one can really offer targeted advice based on the amount of information you have provided."}
{"_id": "203876", "title": "", "text": "If you don't mind, sign the form and move on.  If you would rather make a point, go to another lender.  You lender had certain boxes they have to check off as they go through the paperwork process:  the two things your lender cares about are those boxes and getting paid. Take your money elsewhere and they don't get paid.  But seriously, just sign the agreement.  Focus your intelligence and productivity on something more worthwhile than your pride."}
{"_id": "203881", "title": "", "text": "I'm really skeptical of all the press around illness from Chipotle. Plenty of people get sick eating at plenty of restaurants, but Chipotle is the one who consistently gets framed on the front page. Feels like corporate hit jobs from businesses who don't want to adapt to the new fast food model."}
{"_id": "203886", "title": "", "text": "What?? What a strange (and horribly wrong) thesis.  Buybacks are economically the same as dividends. They are a way of distributing profits to investors. A company does this when it cannot find any good investment opportunities. It does not cause a lack of those opportunities. This guy has it completely backwards.   After the buyback the previous stockholders now have cash to find opportunities that the firm wasn't itself either wasn't equipped to move on or didn't know about. That buyback distribution doesn't just get incinerated - it gets reinvested as per the previous owners desires.  His example of how previously a firm had to invest since it had no way to return profits to investors is a perfect example of capital misallocation caused by taxation.  This piece should be nominated for worst of the year. All intro econ students should read this and learn to dissect such claims."}
{"_id": "203889", "title": "", "text": "We have a house here in India worth Rs. 2 Crores. We want to sell it and take money with us.  Selling the house in India will attract Capital Gains Tax. Essentially the price at which you sell the property less of the property was purchased [or deemed value when inherited by you]. The difference is Capital Gains. You have to pay tax on this gains. This is currently at 10% without Indexation and 20% with Indexation.  Please note if you hold these funds for more than an year, you would additionally be liable for Wealth tax at 1% above Rs 50 lacs. Can I gift this whole amount to my US Citizen Daughter or what is the   maximum limit of Gift amount   What will be the tax liability on me and on my Daughter in case of Gift   Whether I have to show it in my Income Tax Return or in my Daughter's Tax Return. What US Income Tax Laws says.   What will be the procedure to send money as Gift to my Daughter.   Assuming you are still Indian citizen when to gift the funds; From Indian tax point of you there is no tax to you. As you daughter is US citizen, there is no gift tax to her. There is no limit in India or US. So you can effectively gift the entire amount without any taxes. If you transfer this after you become a US Resident [for tax purposes], then there is a limit of USD 14,000/- per year per recipient. Effective you can gift your daughter and son-in-law 14,000/- ea and your husband can do the same. Net 14,000 * 4 USD per year. Beyond this you either pay tax or declare this and deduct it from life time estate quota. Again there is no tax for your daughter. What are the routes to take money from India to US   Will the money will go directly from my Bank Act.to my Daughter's Bank Account.   Will there will be wire transfer from bank to bank   Can I send money through other money sender Certified Companies also. The best way is via Bank to Bank transfer. A CA Certificate is required to certify that taxes have been paid on this funds being transferred. Under the liberalized remittance scheme in India, there is a limit of USD 1 Million per year for moving funds outside of India. So you can move around Rs 6-7 Crore a year."}
{"_id": "203898", "title": "", "text": "I have heard of Dort somehow. 'Nuff said there.  Never been to Flint in my life, either.  Far as starting a market, say, around where I lived...I'd chance it with adequate money to invest and do a decent job.  Except - where the heck would I put it?  No suitable buildings to even retrofit, as they've all been firebombed by the aforementioned homies.  So, either I spend a mil to retrofit a shell, or I spend a mil to build a cookie-cutter storefront as cheap as possible, and after that, I still gotta worry about fixtures, lighting, registers, misc equip, and after all THAT, I still have to buy adequate stock to maybe get started and stay out of Dante's Inferno on the books.  Nevermind zoning and graft and health inspectors on a refabbed building.  No way, even in perhaps 20 years, to make back your investment in those areas.  Reckon that's why you see established places hanging in here and there like little islands."}
{"_id": "203905", "title": "", "text": "\"As far as I know any business can register for VAT regardless of the nature of the business.  If all the goods you sell (or services you provide) are VAT-exempt or zero-rated then you will get refunds from HMRC on VAT your business pays. Any business whose non-VAT exempt turnover (which would include zero-rated goods and services provided) exceeds the registration threshold must register, again even if that means they are \"\"forced\"\" to claim refunds. So the only question would be whether your rather nebulous activities were enough to qualify you as a business or organisation to which the VAT regime applies at all. The one-liner answer to that is  generally, if goods or services are provided in return for a charge, there\u2019s a business activity for VAT purposes Inevitably there's a much bigger body of statute and case law and it won't always be obvious whether the one-liner answer applies or not to a particular activity so it may be necessary to seek specialist advice.\""}
{"_id": "203909", "title": "", "text": "This page seems to be a good list of people to contact to trace unclaimed assets."}
{"_id": "203919", "title": "", "text": "There was a comic (which I thought might have been on the oatmeal, I can't find it, found it originally on reddit though) where they show a guy who's great in his department and is promoted, great again, promoted, repeat until he's not great... but then they can't demote him, because his old spot's filled, so he's stuck there where he sucks.  edit: apparently [tuna-fish2](http://www.reddit.com/r/business/comments/nfc8k/famous_last_words_by_bosses_ive_had/c38pfza) says it's the Peter Principle"}
{"_id": "203926", "title": "", "text": "I haven't read the terms here but the question may not have a good answer.  That won't stop me from trying.   Call the real rate (interest rate - inflation) and you'll have what is called negative real rates. It's rare for the overnight real rate to be negative.  If you check the same sources for historical data you'll find it's usually higher.  This is because borrowing money is usually done to gain an economic benefit, ie. make a profit.  That is no longer a consideration when borrowing money short term and is IMO a serious problem.  This will cause poor investment decisions like you see in housing. Notice I said overnight rate.  That is the only rate set by the BoC and the longer rates are set by the market.  The central bank has some influence because a longer term is just a series of shorter terms but if you looked up the rate on long Canadian real return bonds, you'd see them with a real rate around 1%. What happens when the central bank raise or lowers rates will depend on the circumstances.  The rate in India is so high because they are using it to defend the rupee.  If people earn more interest they have a preference to buy that currency rather than others.  However these people aren't stupid, they realize it's the real rate that matters.  That's why Japan can get away with very low rates and still have demand for the currency - they have, or had, deflation.  When that changed, the preference for their currency changed. So if Canada hast forex driven inflation then the BoC will have to raise rates to defend the dollar for the purpose of lowering inflation from imports.  Whether it works or not is another story.  Note that the Canadian dollar is very dependant on the total dollar value of net oil exports. If Canada has inflation due too an accelerating economy this implies that there are profitable opportunities so businesses and individuals will be more likely to pay a positive real rate of interest.  In that scenario the demand for credit money will drive the real rate of return."}
{"_id": "203934", "title": "", "text": "\"3 things people think about when getting a plumber:  * Can they be trusted?  * Are their rates affordable?  * Could I just do it myself, or is it dirty &amp; too hard?   I think if you smack some item on your biz cards, marketing material, website homepage that address those 2 issues (trust &amp; affordable) then you'll happily attract more customers.  Also, a really, free fun way to market would be to have your father do some \"\"How-To\"\" videos, and put them on YouTube, and do keywords related to region.  Get ultra-realistic and gritty in the video.  Show how dirty it gets, and how much wrenching &amp; special gear is needed.  Talk about how much the gear costs, and the danger of a certain chemical etc.  No need to worry about losing business.  Anybody that has attempted plumbing knows it's damn hard.  And if they don't, they will call you when they fuck it up (as I have).  But in the meantime, you gain trust, and you dishearten people that thought \"\"I can fix that\"\", and then see your father sticking his arm down a toilet's asshole in the ground.\""}
{"_id": "203960", "title": "", "text": "there was once a case were a women sued the company that fired her because to her eyes being a bartender and getting 60 pounds heavier wasnt a justification. The managers then proceeded to show everyone how her sales dropped 30% compared to when she was less heavy. She lost the case.  edit: a letter"}
{"_id": "203973", "title": "", "text": "George Carlin pointed out that economic theory says that if you give the poor money they will stop working, but that if you don't give the rich enough money they will stop working.  Which is it?  To little money makes you stop working or too much money makes you stop working?  It can't be one rule for the poor and one rule for the rich."}
{"_id": "203992", "title": "", "text": "Here's an easy 2 question test: (1) Is there anyone who relies on your income for their general welfare? (2) Is it worth the premium amount to you to make sure they aren't left out in the cold? If you can answer yes to both questions, buy (term) life insurance."}
{"_id": "204012", "title": "", "text": "\"Sure, and I made it clear in my post that I'm willing to accept that I may be wrong.  But the author does a poor job of arguing his point, his argument in the article is based on an unsubstantiated claim that a certain activity is bad. He says it \"\"impairs price performance\"\" but offers no proof that this occurs.  Now granted, I haven't had a chance to look at the data either, but as myself and other posters have mentioned, this claim is quite debatable. I need a bit more material to be convinced.\""}
{"_id": "204020", "title": "", "text": "That's kind of my point. Mutton was cheap, as a byproduct of wool. It's essentially no longer eaten by humans due to the increase in prosperity. Presumably if we were to go back to eating primarily mutton rather than lamb, mostly roosters and chickens too old to lay, and ex-dairy beef, food prices would be lower."}
{"_id": "204024", "title": "", "text": "Yeah that last part was a big deal for them and laying off the 18,000 people involved with the windows phone.  As far as Linux on Azure they finally resigned themselves to doing it after no one was interested in the service without it other than a few big enterprises. Still Amazon and Google eat their lunch in that space."}
{"_id": "204035", "title": "", "text": "As a rule, one should have a retirement. HOWEVER, you also have over a half a million dollars of debt.  Paying down debt is another way to prepare for retirement.  I would say throwing your excess money at your debts is a fine strategy right now.  Especially the student loan (the mortgage probably has a lower rate and brings tax savings, so paying it off is less urgent). If I were you I'd probably put SOMETHING into tax deferred retirement accounts because in your tax bracket, the savings from doing so are significant. The max you can put in tax deferred is $5,500 per year (each) in IRA's and up to $17,000 to your 401(k) each.  The tax-saving contribution opportunities will not come up again...you can't make up for it later. Any retirement saving beyond the tax advantaged part makes no sense while you have outstanding debt."}
{"_id": "204075", "title": "", "text": "You can contact the french agency for stock regulation and ask them : http://www.amf-france.org/"}
{"_id": "204108", "title": "", "text": "\"Piggybacking on this, the best thing you can do is ask current analysts for help. You're new and people expect you to ask dumb questions at this point. So ask them now while you still get a pass.  With that being said, there's a strategy to it. Before you ever ask a question, spend at least 5 minutes trying to figure out the answer on your own. OP did a Google search, which is great. So many people won't do this. Finally, the way you ask the question is key. I would go to an analyst and say, \"\"[Boss] asked me to get a list of all US apartment flooring companies. I looked on Google to see if I could find anything there. If you were doing this, where would you go to find the information?\"\"  They'll usually even walk you through how to do it if there's something special with the service you have for the task. You'll also make them feel important. And you'll get the task done fast.  Also, if you run into trouble with the boss after presenting it, you can always back yourself up by saying you asked around the office for what tool to use and people told you to use that. But be strategic with how you say it because you don't want to throw anyone under the bus.\""}
{"_id": "204142", "title": "", "text": "The fine print of your credit card agreement will always tell you exactly in what order things are paid off. You should have a copy of the agreement, and it's easy to get one if you don't. In most cases I believe the order is: This applies to your minimum payment as well as any excess - the minimum isn't a separate kind of payment, it's just the minimum you are allowed to make."}
{"_id": "204144", "title": "", "text": "\"Must I rehash the obvious reasons why a community organizer lacks the business sense to see us through the mess?  ...and must I really detail why it is the corrupt career politicians in and out of congress that are to blame for this mess?  Obama's persistent electioneering since 2008, and the pandering to special interests to the tune of trillions is a good place for starters ...or perhaps the 7 figure price tag per job that he owns...  I dunno, I lost count of Recovery Summers (is this IV or V? ) and \"\"shovel-ready\"\" *jobs* obviously meant something else to him...  Yet, I suppose the dozen or so private firms that Obama haphazardly threw millions of tax payer dollars into that only ended up failing could also play a role ...but proceed to blame bush, and stack up the excuses. I'm waiting.   Sure, Romney may have been a shrewd business man, but at least someone made money and had something more tangible than \"\"hope.\"\"\""}
{"_id": "204151", "title": "", "text": "\"&gt; everything looks 35 years old.  My local kmart looks like the land before time.  &gt; The reason sears/Kmart is hurt is due to their management being directed by a hedge fund.   But that hedge fund manager \"\"genius\"\" acquired all of that Sears real estate as an asset play in 2005. Makes you wonder how it's being carried on the books post crash.  edit: here's the reason for the store closings:  &gt; Sears Holdings Corp announced that for the fourth quarter of 2011, it expects consolidated adjusted EBITDA will be less than half of last year's amount.   http://www.reuters.com/finance/stocks/SHLD.O/key-developments/article/2456570  Ouch! That should put them in the red for the entire year! Retailers obviously depend on the holiday season, and it was dismal this year for sears. I noticed that they had been in the black solely because the always got bailed out by 4th quarter earnings. No more!\""}
{"_id": "204152", "title": "", "text": "So it comes down to whether you think helping someone after they've taken a risk is a reward or not I guess. Same problem, different perspective. If you play stupid games you win stupid prizes.   You could argue that the system failed her because she wasn't taught to use protection or to plan enough, but then it gets real hard to use that one way or the other."}
{"_id": "204167", "title": "", "text": "If you aren't familiar with Norbert's Gambit, it's worth looking at. This is a mechanism using a Canadian brokerage account to simultaneously execute one stock trade in CAD and one in USD. The link I provided claims that it only starts potentially making sense somewhere in the 10,000+ range."}
{"_id": "204169", "title": "", "text": "A firm is a separate legal person from its shareholders or owners (but doesn't get invited to parties much). Owners invest capital to get shares in the firm or may get shares for investing time, effort etc. but those shares are on a limited liability basis. That means that shareholders are only liable up to the value of their shares and that the firm itself is responsible for any expenses or liabilities. The firm will have working capital from its initial investors (i.e. any capital invested to get shares) and can borrow money on the bond market or issue new shares to cover outgoings. Share ownership simply entitles the owner to a proportion of the residual equity of the company and voting rights (for non-prefered equity). In a firm that I previously worked for, for example, one of the partners owned 51% of the firm but put up 100% of the firm's equity capital. The other partner owned 49% and provided 90% of the intellectual capital of the firm. They both took decisions equally. The distribution of ownership should, therefore, have no bearing on who finances deals. The owners (or managers in larger firms) should decide together how to use the company's capital for spending because it is exactly that; the company's capital; not any one of the investor's. Limited liability of owners is one of the major benefits of forming a company."}
{"_id": "204171", "title": "", "text": "Your Money or Your Life is a great book on this topic."}
{"_id": "204176", "title": "", "text": "A Certified Financial Planner has passed a licensing exam and will advise you and help you reach your financial goals. A good CFP can help you a lot, especially if you are unsure how to set up your insurance, investment, savings, and financial plans on your own. You do not need a CFP to get a life insurance policy. If you do get a CFP, he or she should help you above and beyond life insurance -- i.e. retirement planning, investment advice, education planning, etc. It's advantageous to you to pay a fixed price for services instead of a percentage or commission. Negotiate fees up front. For life insurance, in most cases a term policy will fit your needs. Whole life, universal life, etc., combine investments and life insurance into a single product and are big commission makers for the salesman. They make it sound like the best thing ever, so be aware. One of my rules of thumb is that, generally speaking, the larger the commission is for the salesperson, the worse the product is for the consumer. Welcome to life insurance pitches. Term life is far less expensive and provides a death benefit and nothing else. If you just had a baby and need to protect your family, for example, term life is often a good solution, easy to buy, and inexpensive. As you stated, any of the major providers will do just fine."}
{"_id": "204187", "title": "", "text": "The taxes that are deducted from you paycheck are estimated from the expected annual income you receive from the employer. In the same way, the employer will deduct from that expected annual income the tax deductions you would get for the number of dependents you specify. Hence your net income will be lower, your annual tax obligation also, which can than be calculated down to the period of your paycheck."}
{"_id": "204195", "title": "", "text": "\"Yes, but that's not what I'm getting at.  Your story made sense up to the \"\"enterprising person\"\" part.  The notes represented obligations secured by apples (or rights to future apples).  Regardless of the secondary note trading, at the end of the day, one could approach issuer of the note, the apple farmer, and redeem (or attempt to redeem) the note for the underlying apples.  The enterprising person's notes are different.  The holder of the new notes cannot approach the priest and demand anything.  The story doesn't explain this critical transition, which is probably the most important part.  You suggest the problem in your response above when you say \"\"it's just no longer pegged specifically to one grower's apples.\"\"  The new notes aren't \"\"pegged\"\" to anything.  That's a huge but unexplained shift, a shift I called a \"\"gap in the internal logic of this story.\"\"  [Edit: In other words, with the apple notes, there was an option.  One could trade the apple notes with others or get apples.  With the new notes, there is no option.  You must trade the notes.  There is no underlying good or service to redeem.]\""}
{"_id": "204202", "title": "", "text": "They're exchange traded debt, basically, not funds. E.g. from the NYSE: An exchange-traded note (ETN) is a senior unsecured debt obligation designed to track the total return of an underlying market index or other benchmark, minus investor fees. Whereas an ETF, in some way or another, is an equity product - which doesn't mean that they can only expose you to equity, but that they themselves are a company that you buy shares in.  FCOR for example is a bond ETF, basically a company whose sole purpose is to own a basket of bonds.  Contrast that to DTYS, a bear Treasury ETN, which is described as  The ETNs are unsecured debt obligations of the issuer, Barclays Bank PLC, and are not, either directly or indirectly, an obligation of or guaranteed by any third party. Also from Barclays site: Because the iPath ETNs are debt securities, they do not have any voting rights. FCOR on the other hand is some sort of company owned/managed by a Fidelity trust, though my EDGAR skills are rusty. AGREEMENT made this 18th day of   September, 2014, by and between Fidelity Merrimack Street Trust, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the \u0093Trust\u0094), on behalf of Fidelity Corporate   Bond ETF (hereinafter called the \u0093Fund\u0094), and Fidelity Investments Money Management, Inc., a New Hampshire corporation (hereinafter called the \u0093Adviser\u0094) as set forth in its entirety below."}
{"_id": "204209", "title": "", "text": "There are things that are clearly beyond me as well. Cash per share is $12.61 but the debt looks like $30 or so per share. I look at that, and the $22 negative book value and don't see where the shareholders are able to recoup anything."}
{"_id": "204220", "title": "", "text": "I agree but think it goes a lot deeper towards the issue of trust - something few brands seem to place much value on these days. Demographics, CTRs, ROIs - all the quantifiable numbers and metrics are more important than ever, in the minds of advertisers, with little value given to the trust and relationship between the channels and their respective audiences.   Google is a great example of the commoditization of advertising spaces, making the assumption that all spaces are created equally. While this works for selling commodity widgets, there is an erosion of trust that takes place between a commodity audience and commodity content used to sell commodity advertising. By removing the sense of authority and respectability that brands would once gain from aligning themselves with specific audiences via specific channels, you turn the whole system into a numbers game which further perpetuates the problem.  It\u2019s also likely to only continue to get worse as everything increasingly becomes and advertising, product placement or promotional opportunity - so good on anyone that does not blindly and ignorantly take advertising at face value."}
{"_id": "204227", "title": "", "text": "Stay away from college debt. You can't default on it. Your wages will be garnished if you're unable to pay it back. Even when your and old man, they will garnish your social security money. In effect college debt makes you an indentured servant. Maybe even worse than the 7 years of servitude people served in early America. Lots of grads are working in restaurants and retail stores.... even some computer science grads. There is great risk in the college investment compared to 40 years ago when it was a sure thing. Do not take debt for college. If that means you can't go to college then so be it.  You're future self will than you."}
{"_id": "204256", "title": "", "text": "Sure! I can't go into too much detail about my work directly, but I'll outline what I thought was successful for me.  * Find common ground non-work related - especially if you have a direct report, this is important. Being Indian means I have a lot more to talk with my report, but I know another co-worker who bonded with his Indian team over cricket (he's south african)  * Time zones - this sounds silly, but timezone differences actually result in more issues in communication than anything else. I always offer to meet my night / their morning when needed, and our team there works shifted hours (they start in the afternoon through their night), which allows for more face/phone time.  * Set clear expectations -  &gt; * Being polite (can you please do something) is not viewed as being polite and may be misconstrued as being an option. Make sure this is explicitly addressed. &gt; * Change resistance - there's a desire to keep doing things the way they've been done in the past; if you need something done differently you should refer to the old way explicitly and mention that you want to do something different. &gt; * Detail / Ambiguity / Managerial approach - Uncertainty isn't taken to well (and I blame the very rigid educational system for this); expect to spell out what you want and expect a desire on their end for closer review and support. Regular check-ins are especially helpful. &gt; * Desire to not disappoint: Admitting not knowing how to do something is often viewed as a sign of weakness. After you ask them for something, ask for them to play it back so that you can be sure that they really understand what you're asking of them. &gt; * Time management - Deadlines are often viewed as guidelines rather than set in stone. It especially helps to check in on regular intervals to make sure things are progressing as you'd like them to.   If I think of more I'll edit them in!"}
{"_id": "204275", "title": "", "text": "I refuse to buy any Groupon vouchers because it would make me feel so *dirty* screwing over the companies the vouchers are for. Just because I am not *personally* the conman ripping them off using dubious sales techniques, it does not make it any better. People say to me that it is their own fault, so tough luck on them. I promise to say the same thing when their mother is ripped off by a pushy salesman at her front door."}
{"_id": "204288", "title": "", "text": "I am not aware of a version of Interac available in the U.S., but there are alternative ways to receive money: Cheque. The problem with mailed cheques is that they take time to deliver, and time to clear. If you ship your wares before the cheque has cleared and the cheque is bad, you're out the merchandise. COD. How this works is you place a COD charge on your item at the post office in the amount you charge the customer. The post office delivers the package on the other end when the customer pays. The post office pays you at the time you send the package. There is a fee for this, talk to your local post office or visit the Canada Post website. Money order. Have your U.S. customers send an International Money Order, not a Domestic Money Order. Domestic money orders can only be cashed at a U.S. post office. The problem here is again delivery time, and verifying your customer sent an International Money Order. It can be a pain to have to send back a Domestic Money Order to a customer explaining what they have to do to pay you, even more painful if you don't catch the error before shipping your wares. Credit Card. There are a number of companies offering credit card processing that are much cheaper than a bank. PayPal, Square, and Intuit are three such companies offering these services. After I did my investigations I found Square to be the best deal for me. Please do your own research on these companies (and banks!) and find out which one makes the most sense for you. Some transaction companies may forbid the processing of payment for e-cig materials as they my be classed as tobacco."}
{"_id": "204295", "title": "", "text": "You make a accurate point.  I would like to add 2 points.  First off many people realize they do not need debt.  If they have a stable job and the car is paid off and the rent is reasonable they may never need to go into debt ever again unless to buy a home.  Second off.  The market is always swinging.  So next time we are in some sort of financial bubble people who had bankruptcy will be able to borrow like the rest of society.  I worked for a time in the finance industry and I do recall many many loans to people who declared bankruptcy."}
{"_id": "204297", "title": "", "text": "\"I interned for about six months at a firm that employed a few technical analysts, so I'll try to provide what little information I can. Since the bulk of the intra-day trading was decided algorithmically, technical analysts had two main functions: This basically boils down to my answer to your question. There are still enough people, trading firms, etc. who believe in candlestick charting and other visually subjective patterns that if you notice a trend, pattern, etc. before the majority of traders observing, you may be able to time the market successfully and profit. This is becoming increasingly dangerous, however, because of the steps I outlined above. Over time, the charting patterns that have been proven effective (often in many firms individually since the algorithms are all proprietary) are incorporated into computer algorithms, so the \"\"traders\"\" you're competing with to see the pattern are increasingly low-latency computer clusters less than a few blocks from the exchange. Summary: Candlestick charting, along with other forms of subjective technical analysis, has its believers, and assuming enough of these believers trade the standard strategies based on the standard patterns, one could conceivably time the market with enough skill to anticipate these traders acting on the pattern and therefore profit. However, the marginal benefits of doing so are decreasing rapidly as computers take over more trading responsibility.  Caveats:  I know you're in Australia, where the market penetration of HF/algo traders isn't as high as in the US, so it might be a few more years before the marginal benefits cease to be profitable; that being said, if various forms of technical analysis proved wildly profitable in Australia, above and beyond profits available in other markets, rest assured that large American or British trading firms would already have moved in.  My experience is limited to one trading firm, so I certainly can't speak for the industry as a whole. I know I didn't address candlestick charts specifically, but since they're only one piece of visual technical analysis, I tried to address the issue as a whole.  This somewhat ties into the debate between fundamental or technical analysis, which I won't get into. Investopedia has a short article on the subject. As I said, I won't get into this because while it's a nice debate for small traders, at large trading firms, they don't care; they want to make profit, and any strategy that can be vetted, whether it's fundamental, technical, or astrological, will be vetted.  I want to add more information to my answer to clear up some of the misconceptions in the comments, including those talking about biased studies and a lack of evidence for or against technical analysis (and candlestick charts; I'll explore this relationship further down).  It's important to keep in mind that charting methods, including candlestick charts, are visually subjective ways of representing data, and that any interpretations drawn from such charts should, ideally, represent objective technical indicators. A charting method is only as good as the indicators it's used to represent. Therefore, an analysis of the underlying indicators provides a suitable analysis for the visual medium in which they're presented.  One important study that evaluates several of these indicators is Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation by Lo, Mamaysky, and Wang. Lest anyone accuse its authors of bias, I should point out that not only is it published by the National Bureau of Economic Research (a highly reputable organization within economics and finance), but also that the majority of its authors come from MIT's Sloan school, which holds a reputation second to none. This study finds that several technical indicators, e.g. head-and-shoulder, double-bottom, and various rectangle techniques, do provide marginal value. They also find that although  human judgment is still superior to most computational algorithms in the area of visual pattern recognition, ... technical analysis can be improved by using automated algorithms Since this paper was published in 2000, computing power and statistical analysis have gained significant ground against human ability to identify and exploit for visual pattern detection like candlestick charts.  Second, I suggest you look into David Aaronson's book, Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals. He finds similar results to the Lo, et. al. paper, in that some technical indicators do add value to the investment process, but those that do are those that can be represented mathematically and thus programmed directly into trading algorithms (thus bypassing visual tools like candlestick charts).  He describes how studies, including Lo, et al., have found that head and shoulders patterns are worse than random, i.e. you would earn higher returns if you simply traded at random. That point is worth than repeating. If a day-trader is using a candlestick chart and using head-and-shoulders patterns as part of their toolkit, he's rolling the dice when he uses that pattern and returns that come from its application come from chance. This reminds me of that old story about a company that sends out pamphlets predicting the results of sports games, complete with \"\"strategies\"\" and \"\"data\"\" to back up the predictions. The company sends out several versions of the pamphlet every game, each predicting a different winner. Given a large enough sample size, by the end of the season, there are a few people who have received a pamphlet that accurately predicted the winner for every game and they're convinced the system is perfect. The others weren't so lucky, however. Relying on candlestick charts and TA patterns that are relics from the pre-computerized era is reassuring to some traders and gives them a sense of control and \"\"beating the market,\"\" but how long will chance remain on your side? This is why I maintain that visual tools like candlestick charts are a slowly dying medium. They certainly still add value to some trading firms, which is why Bloomberg terminals still ship with this functionality built in, but as more and more research shows, automated algorithms and statistical indicators can provide more value. It's also important to think about whether the majority of the value added by visual tools like candlestick charts comes in the form of profit or a sense of security to traders who learned the field using them over the past few decades.  Finally, it's extremely important to realize that the actions of retail investors in the equities market cannot begin to represent the behaviors of the market as a whole. In the equities markets alone, trading firms and institutional investors dwarf retail investors, and the difference in scale is even more vastly pronounced in derivatives and currency markets. The fact that some retail investors use candlestick charts and the technical indicators they (hope) underlie them provides nothing but minor anecdotal evidence as to their effectiveness.\""}
{"_id": "204321", "title": "", "text": "Well, if they have Whole Food locations to ship from, seems pretty easy. It's just a shift in resources. Whereas before you paid checkout clerks, you now pay 1 clerk to watch 6 self-pay stations. If delivery is available you might be able to assume that the number of people coming into the store would be less - and certainly the numbers of items they're purchasing would go down. So you can reallocate labor to delivering orders rather than checking out customers.   Granted, I don't think this type of change would be sudden, but certainly over time as millennials begin to manage their own households . ."}
{"_id": "204336", "title": "", "text": "You will find that having a Certified Nutritional Consultant as a coach, educator, and Holistic Nutritionist guide is an invaluable resource proving you with lifetime skills you can use. At SherinBual.com, sessions are available remotely via Skype or in person."}
{"_id": "204348", "title": "", "text": "So the Facebook IPO thus far has been a bomb.  People have rightly criticized the company for all sorts of things.  This got me thinking about what people were saying about Google just before its IPO.  So I used Google's wonderful search filter and searched for 'google ipo' and I set the time frame to be the 6 weeks leading up to Google's IPO on August 19, 2004.  Some of the articles are fantastic.  Below are some links to a couple of BusinessWeek articles.  They were really not feeling Google back then.  [Business Week hating on Google](http://www.businessweek.com/technology/content/jul2004/tc20040727_5797_tc024.htm)  [Another BW article](http://www.businessweek.com/magazine/content/04_32/b3895134_mz026.htm)"}
{"_id": "204388", "title": "", "text": "You likely received the shares as ordinary income for services of $10k, since they withheld taxes at granting.  Separately, you likely had a short term capital loss on sale of $2k, since your holding period seems to have been under one year."}
{"_id": "204400", "title": "", "text": "Where are you getting this statistic about it being a high paying job ON AVERAGE?   There are many many many dipshits with finance degrees working in fund accounting making 30K a year, with absolutely no prospects.   Also - when OP realizes what a dogshit career finance is for MOST people (pay is nowhere near what people think it is, and the lifestyle is hell), and that its dominated by morons with deep pockets, he will need something to fall back on."}
{"_id": "204412", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.sfchronicle.com/opinion/editorials/article/Editorial-California-must-summon-will-to-meet-11943507.php) reduced by 93%. (I'm a bot) ***** &gt; For a complicated policy problem, the California housing crisis can be explained simply: People want to live in California, and Californians don&amp;#039;t want them to.  &gt; As the Legislature&amp;#039;s own researchers have noted, &amp;quot;The scale of these programs - even if greatly increased - could not meet the magnitude of new housing required.&amp;quot; Based on past results, for example, a $3 billion bond measure under consideration wouldn&amp;#039;t produce enough homes to close a year&amp;#039;s worth of the continuing gap between the demand for and construction of new housing.  &gt; California legislators have yet to take assertive action on the housing crisis.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6v14lb/editorial_california_must_summon_will_to_meet/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~195355 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **housing**^#1 **development**^#2 **California**^#3 **New**^#4 **Bill**^#5\""}
{"_id": "204437", "title": "", "text": "\"what got us into this mess is the \"\"guns and butter\"\" policies of george w. bush, along with the elimination of glass-steagall, and the concentration of wealth among fewer and fewer individuals.  The game was rigged and still is, and it's rigged in favor of the rich.  The only government expansion has been in military and homeland security.  My suggestions have not been tried in this country since the 1930s.  Please explain how my suggestions are \"\"more of the same\"\".\""}
{"_id": "204452", "title": "", "text": "what an awfully-written, rambling article. I had to scan it a few times just to see if there's any real information in there. Seems to try to give the message that start-ups are a scam and they'll just work you to death for very little money while some rich VC guy makes a ton of money.  **WHAT A CROCK OF SHIT**  Seems like it was written by someone with very little business sense. If a start-up looks like a good idea with some potential but can't afford to pay you much, the main priority for you is to get a contract stipulating back-end pay and continuing employment. Being as they have very little money to bargain with, you're in an excellent position to negotiate a good deal.  Going into a startup without a contract is the height of stupidity."}
{"_id": "204473", "title": "", "text": "If you've already done some micro and macro, you are on the right track to learn finance. What you should study next depends on what kind of finance you want to know more about. Is it M&amp;A and corporate finance, more macro would not help much, but maybe some financial accounting. You could see if you could get your hands on a corporate finance text book since they are a good starting place to learn more about finance in general (and such a book is a relatively easy read). Much finance, however, requires good quantitative skills so probability, statistics, linear algebra and calculus, and their applications to finance, is never a bad thing to look into. This would open up for understanding e.g. derivatives that played a huge role in the financial crisis and in financial markets today."}
{"_id": "204478", "title": "", "text": "\"I'm not a financial expert... In my opinion it might be best to have as much in savings (aka being liquid and the funds are insured by the FDIC) as possible for a couple of reasons. If you lose your job, your equity line could then get frozen if the bank finds out. What you want to avoid is only owing 20 grand on your home (because you paid a chunk off with your savings) but because you lost your job you can't take any money out of your home and suddenly you are equity rich, cash poor, and jobless, that is a potential for big trouble. I'm curious why you borrowed on the Heloc since you seem to have a significant amount in savings anyways. What you really might want to look into is lowering your mortgage interest rate to around 3.5%   I would use the credit card debt as a reality check. Make sure every month you are making at least a 10% to 15% of the total due payment. This dilutes the interest rate charge and lets you see the true \"\"drag\"\" credit card debt payments really have on your life.   I don't know this for sure but the higher amount credit card payments you make probably reflects well on your credit score, and of course, never be late with the credit card payments either.\""}
{"_id": "204479", "title": "", "text": "\"If you're making big money at 18, you should be saving every penny you can in tax-advantaged retirement accounts. (If your employer offers it, see if you can do a Roth 401(k), as odds are good you'll be in a higher tax bracket at retirement than you are now and you will benefit from the Roth structure. Otherwise, use a regular 401(k). IRAs are also an option, but you can put more money into a 401(k) than you can into an IRA.) If you do this for a decade or two while you're young, you'll be very well set on the road to retirement. Moreover, since you think \"\"I've got the money, why not?\"\" this will actually keep the money from you so you can do a better job of avoiding that question. Your next concern will be post-tax money. You're going to be splitting this between three basic sorts of places: just plain spending it, saving/investing it in bank accounts and stock markets, or purchasing some other form of capital which will save you money or provide you with some useful capability that's worth money (e.g. owning a condo/house will help you save on rent - and you don't have to pay income taxes on that savings!) 18 is generally a little young to be setting down and buying a house, though, so you should probably look at saving money for a while instead. Open an account at Vanguard or a similar institution and buy some simple index funds. (The index funds have lower turnover, which is probably better for your unsheltered accounts, and you don't need to spend a bunch of money on mutual fund expense ratios, or spend a lot of time making a second career out of stock-picking). If you save a lot of your money for retirement now, you won't have to save as much later, and will have more income to spend on a house, so it'll all work out. Whatever you do, you shouldn't blow a bunch of money on a really fancy new car. You might consider a pretty-nice slightly-used car, but the first year of car ownership is distressingly close to just throwing your money away, and fancy cars only make it that much worse. You should also try to have some fun and interesting experiences while you're still young. It's okay to spend some money on them. Don't waste money flying first-class or spend tooo much money dining out, but fun/interesting/different experiences will serve you well throughout your life. (By contrast, routine luxury may not be worth it.)\""}
{"_id": "204482", "title": "", "text": "The material and the exams are very straightforward. There are no strategies required, there is plenty of time to complete all the questions, and there are no confusing questions, so no worries about deciphering strange wording.  Read all the material and you will be absolutely fine. Standard study tips apply, read the chapter over again if there are certain items that you find a bit more difficult. I personally found success doing one chapter at a time, then going through the summary questions. Take a break for an hour or so. Repeat until completed the book. Schedule your time so that you will have a few days prior to your exam to review all the material, re-reading the summaries and targeting your review as necessary.  Basically, it's not much to worry about. Just do the reading and all will be fine. Best luck."}
{"_id": "204483", "title": "", "text": "Amazon will never be a monopoly. Walmart, home depot, and Costco will always have their place. I still buy a number of items in stores because Amazon can't compete with a 5 gallon bucket for 3 dollars, food prices/quality they haven't even begun to fathom how they will compete with, and general items like furniture that they can't ship for cheap."}
{"_id": "204485", "title": "", "text": "\"But look at the bright side. The Home Owners Association is telling your neighbor (for the low low fee of $200 every 4 months) to put his garbage can into his garage after every garbage pickup. Your house is worth a fortune, even if nobody is willing to buy the 12 houses for sale on your block (never mind the fact that they have been for sale for the past 2 years or the fact that nobody is willing to \"\"rent\"\" a place in butt fuck Egypt for $1500 a month).\""}
{"_id": "204493", "title": "", "text": "Yea, so they mention household and income....Am I supposed to count both my spouse income and my own? Because if that's true...then I'm part of the 1% at 27, yet it sure as shit doesn't feel like it."}
{"_id": "204511", "title": "", "text": "Your cheapest option is to pay the penalty on $\u00a060,000 now, and pay the remaining $\u00a040,000 this coming January.  I assume the penalty will be 2.15% of $\u00a060,000, or $\u00a01,380. My logic:  The effective cost of the money is 3.186% - 0.8% = 2.386%.  Thus, it is worth paying the penalty if and only if you can save at least 11 months of interest by paying the penalty.  Eight months of interest differential on the $\u00a040,000 will be about 1.6%, or $\u00a0640, which is less than the $\u00a0860 penalty you will avoid on the $\u00a040,000."}
{"_id": "204541", "title": "", "text": "The value of the company is ill-defined until it actually has some assets and/or product. You give the investors whatever equity stakes you and they negotiate as appropriate for their investment based on how convinced they are by your plan and how badly you need their money."}
{"_id": "204548", "title": "", "text": "A stunningly beautiful property in the middle of a ghetto town that is based on one thing--gambling--that is being taken out from under it at a greater rate with each passing year.  You do know that three other casinos in perfectly good buildings are closing this year as well?  I agree that you'd think there'd be at least SOME use for a property this nice, but I also think you underestimate just how shitty things are in Atlantic City."}
{"_id": "204551", "title": "", "text": "I don't understand why the government doesn't sue them for making people believe intentionally or unintentionally that they're actually a government agency.   oh, and maybe the US should finally create a consumer protection agency, like every developed country instead of using the FTC like a tax on rich companies."}
{"_id": "204554", "title": "", "text": "The key here is that you are defacto running your own company no matter if you acknowledge it or not.  In the end these questions have the goal of deciding if you can and will repay the loan.  Presumably you filed taxes on your income.  These can be shown to the loan officer as proof you have the ability to repay your loan. Running your freelancing as a business has advantages of being able to deduct normal expenses for running the business from your revenue. I am not sure how business cards improves your credit worthiness as they can be had for $10 in about an hour."}
{"_id": "204561", "title": "", "text": "[&amp;#9733;&amp;#9733;&amp;#9733; Register to Vote &amp;#9733;&amp;#9733;&amp;#9733;](https://www.alabamainteractive.org/sos/voter_registration/voterRegistrationWelcome.action) by Monday, November 27, 2017   General Election: December 12, 2017   [Find your polling place](https://myinfo.alabamavotes.gov/VoterView/PollingPlaceSearch.do)   [**Doug Jones**](http://dougjonesforsenate.com/) is running to represent Alabama in the U.S. Senate.    [Facebook](https://www.facebook.com/dougjonessenate) | [Twitter](https://twitter.com/gdouglasjones) | [Donate](https://secure.actblue.com/donate/homepage-donate)    Jones supports universal health care, public schools, living wages, protecting Medicare, equal pay for equal work, renewable energy, and LGBTQ equality.     ^(I'm a bot and I'm learning. Let me know how I can do better. I'll add candidates who will represent working-class people instead of billionaire political donors.)"}
{"_id": "204567", "title": "", "text": "Yup. The fact that you don't have to submit a resume, means that whatever skills you have are in EXTREMELY high demand.  Anyone who believes that there is enough talent in the US for STEM jobs doesn't understand the market - these aren't your everyday IT jobs, STEM is so much more than that."}
{"_id": "204568", "title": "", "text": "How does one get into a position in their career where their work involves a lot of personal judgement to value investments?  I'm going into my junior year of undergrad...does it take years of certain experience in the finservices industry to actually get a job/position type like yours?  Sounds like an ideal job!"}
{"_id": "204572", "title": "", "text": "\"Ok, here's the final statement from me. Think about it in the future.  &gt; Your views are highly racial and not based on facts.   You know very very well that I do not hate ALL(!) Muslims!  [Here are facts about Muslims](https://www.reddit.com/r/The_Donald/comments/6f7y9l/stats_the_left_doesnt_want_you_to_see/)  Fear of Muslims is not \"\"Islamophobia\"\". It's a fear grounded in reality.  On the other hand, your view about Muslims is a baseless theory, just based on events in the last 24 hours.  Christians don't go on killing sprees during lent. Jews don't go nuts during Passover. Why do Muslims go all \"\"Allah Akbar\"\" during Ramadan?  Hence, \"\"Islamophobia\"\" is a word invented to Silence ANY Critics of Islam.  Do you see any problems with Islam and/or how it's practiced? If yes, would you tell a criticise a Muslim over that? Any problems you see with Jews or Christians?  &gt; A Moron heres your speech translates it to beat up all muslims because they are the terrorists and will do so.   Plenty of morons in Poland, Japan, Hungary and Norway. Also in Germany. Where do you think the morons beat Muslims? **Where do they already hit Muslims, according to you?**  You said it yourself: Germans beat Muslims. Is it going to stop? Do you think it will be reduced if more Muslims come over?  &gt; They actually do have a big Problem with antisemitism and this Problem needs to be addressed.  LOL!!!!!!! Honestly, as you probably know, many many Germans are antisemitic, past and present.  How is Germany, up until recently, doing addressing this issue? Success story? The same method will work to address antisemitism among Muslims?  Auf Widerehesen!\""}
{"_id": "204579", "title": "", "text": "With an appropriate selection within a 401K and if operating expenses are low, you get tax deferred savings and possibly a lower tax bracket for now.  The returns vary of course with market fluctuations but for almost 3 years it has been double digit growth on average.  Some health care sector funds were up over 40% last year.  YMMV.  With stocks and mutual funds that hold them, you also are in a sense betting that people want their corporations to grow and succeed.  Others do most of the work.   Real estate should be part of your savings strategy but understand that they are not kidding when they talk about location.  It can lose value. Tenants tend to have some problem part of the year such that some owners find it necessary to have a paid property manager to buffer from their complaints.  Other owners get hauled into court and sued as slum lords for allegedly not doing basics. Tenants can ruin your property as well.  There is maintenance, repair, replacement, insurance against injury not just property damage, and property taxes.  While some of it might be deductible, not all is.   You may want to consider that there are considerable ongoing costs and significant risks in time and money with real estate as an investment at a level that you do not incur with a 401K.  If you buy mainly to flip, then be aware that if there are unforeseen issues with the house or the market sours as it can, you could be stuck with an immovable drain on your income.  If you lose your job could you make payments?  Many, many people sadly lost their homes or investment properties that way in 2008-2010."}
{"_id": "204599", "title": "", "text": "Jordan Brand is still synonymous with high performance and style. But the retro releases have gotten out of hand. Perhaps if they stuck to original colorways and not the myriad iterations that have been released in recent years they wouldn't contribute to their  own ubiquity. That ubiquity may be the reason it is underperforming. Jordan brand releases no longer come with the side of FOMO that they once had.   Another reason it may have underperformed is the price point of their flagship shoe. $185 for the XXXI?! You're not going to get a lot of working class parents to buy those for their kids. Even weekend warriors like myself that grew up in the 80s/90s with disposable income may find it hard to justify the purchase."}
{"_id": "204609", "title": "", "text": "Except there are differences between races that are still used today. Just like the two sexes have different bone structures, different races have different bone structures as well (primarily skull differences). If you don't believe me, read into how CSI teams identify remains when only bones are left."}
{"_id": "204641", "title": "", "text": "This is probably too much trouble for the employer. If they violate some rules, they can get fined by the government and lose a lot more money. Not to mention that they'd have to waste a lot of effort researching the question. If you are in a position to negotiate, ask for a higher raise instead."}
{"_id": "204659", "title": "", "text": "\"This style of budgeting is referred to as the 'Envelope' method. It could be done by withdrawing cash from the checking account and putting into envelopes (which I used to do for my Grocery & Clothing funds). I currently do this in GnuCash by creating sub-accounts of the actual bank accounts. The software rolls up the numbers so when I am looking at the \"\"real\"\" account I see the number that matches what the bank says. It is not, however, web-based. You should be able to do the same in other tools if they allow you to create sub-accounts, or have some budgeting feature built in.\""}
{"_id": "204677", "title": "", "text": "Several possibilities come to mind: Several online currency-exchange brokers (such as xe.com and HiFx) offer very good exchange rates and no wire transfer fees (beyond what your own bank might charge you).  Get French and American accounts at banks that are part of the Global ATM alliance: BNP Paribas in France and Bank of America in the USA.  This will eliminate the ATM fee. Get an account at a bank that has branches in both countries.  I've used HSBC for this purpose."}
{"_id": "204686", "title": "", "text": "\"Look at the graph in the article and one of the legends say \"\"Thinking their funny\"\".  &gt; I understand your cynicism of bad products, but how will people find out about your good product?  It's actually easier than ever today because today you can easily search for what you need and you are exposed to media more than ever. There also tools to show specific ads depending on the viewer location, keywords and data on the user.  The challenge is that few bad companies selling junk and crap have huge advertising budget and overwhelm the users who search for one thing and get TONS of ads for something they did not even search for.\""}
{"_id": "204690", "title": "", "text": "I don't blame the platform at all. The cheapest product will attract the more uninformed investors, and those who previously couldn't afford to lose their money in the market. That has no effect on educated investors who choose to use Robinhood."}
{"_id": "204703", "title": "", "text": "The request for your parent's income comes from Form 8615, Tax for Certain Children Who Have Unearned Income.  I typically see this form appear as I'm doing my daughter's taxes and start to enter data from stock transactions. In other words, your earned income is your's. But if you are a dependent, or 'can be,' the flow avoids the potentially lucrative results from gifting children appreciated stock, and have them take the gain at their lower, potentially zero cap gain rate. I suggest you grab a coffee and thumb through Pub 929 Tax Rules for Children and Dependents to understand this better.  From page 14 of the linked doc - Parent's return information not available. If a child   can\u2019t get the required information about his or her parent's   tax return, the child (or the child's legal representative)   can request the necessary information from the Internal   Revenue Service (IRS). How to request. After the end of the tax year, send a   signed, written request for the information to the Internal   Revenue Service Center where the parent's return will be   filed. (The IRS can\u2019t process a request received before   the end of the tax year.) It also suggests that you file for an extension for the due date of your return. Include payment for the tax you expect to pay, say by plugging in $200K for parent income as an estimate.  My parents' accountant tells them I do not need it. Well, a piece of software told you that you do, and 3 people on line who collectively qualify as experts documented why. (Note, I am not full of myself. This board operates via the wisdom of crowds. Members DStanley, and Ben Miller, commented and edited to help me form a well documented response that would be tough to argue against.)"}
{"_id": "204711", "title": "", "text": "Money itself has no value. A gold bar is worth (fuzzy rushed math, could be totally wrong on this example figure) $423,768.67. So, a 1000 dollars, while worthless paper, are a token saying that you own %.2 of a gold bar in the federal reserve. If a billion dollars are printed, but no new gold is added to the treasury, then your dollar will devalue, and youll only have %.1 percent of that gold bar (again, made up math to describe a hypothetical). When dollars are introduced into the economy, but gold has not been introduced to back it up, things like the government just printing dollars or banks inventing money out of debt (see the housing bubble), then the dollar tokens devalue further. TL;DR: Inflation is the ratio of actual wealth in the Treasury to the amount of currency tokens the treasury has printed."}
{"_id": "204735", "title": "", "text": "This is almost surely a scam.  Among other things:"}
{"_id": "204737", "title": "", "text": "There are many downsides. The reality is that the US has a strong hold on literally the entire world by having the US Dollar as the reserve currency. This is more so the case that it's used primarily as the petro dollar by all countries. This is definitely worrisome to many given the debt load of the US and the reality of how fragile the global financial system is. It also givens the US huge power and influence over the world. Bitcoin is apolitical. It's monetary system cannot be controlled by any nation state. It is literally the decentralization of trust. It will naturally over time become the world reserve unit of account given all its properties."}
{"_id": "204740", "title": "", "text": "Failure? They're failing all the way to a wealthy retirement thanks to the emplyment agreements they negotiate before taking the job and then renegotiate while on the job. Failure is an outmoded concept when it comes to CEO performance. Personality disagreements and reputational smears might hurt, but performance is clearly a flexible term these days and failure no longer enters into it"}
{"_id": "204747", "title": "", "text": "\"Since your question was first posted, I happened to watch PBS FRONTLINE's The Retirement Gamble, about \"\"America's Retirement Crisis\"\" and the retirement industry.  You can watch the entire episode online at the previous link, and it's also available on DVD. Here's a link to the episode transcript. Here's a partial blurb from a post at PBS that announced the episode: If you\u2019ve been watching any commercial television lately, you are well   aware that the financial services industry is very busy running   expensive ads imploring us to worry about our retirement futures. Open   a new account today, they say. They are not wrong that we should be doing something: America is   facing a retirement crisis. One in three Americans has no retirement   savings at all. One in two reports that they can\u2019t save enough. On top   of that, we are living longer, and health care costs, as we all know,   are increasing. But, as I found when investigating the retirement planning and mutual   funds industries in The Retirement Gamble, which airs tonight on   FRONTLINE, those advertisements are imploring us to start saving for   one simple reason. Retirement is big business \u2014 and very profitable. (... more... ) There's another related PBS FRONTLINE documentary from back in 2006, Can You Afford To Retire? You'll find a link on that page to watch the program online. Finally, I'm also aware of but haven't yet seen a new documentary called Broken Eggs: The Looming Retirement Crisis in America. Looks like it isn't available for online streaming or on DVD yet, but I expect it would be, eventually.\""}
{"_id": "204761", "title": "", "text": "\"You can calculate the \"\"return on investment\"\" using libreoffice, for example. Look at the xirr function. You would have 2 columns, one a list of dates (ie the dates of the deposits or dividends or whatever that you want to track, the last entry would be today's date and the value of the investment today. The xirr function calculates the internal rate of return for you. If you add money to the account, and the current value includes the original investment and the added funds, it will be difficult to calculate the ROI. If you add money by purchasing additional shares (or redepositing dividends by buying additional shares), and you only want to track the ROI of the initial investment (ignoring future investments), you would have to calculate the current value of all of the added shares (that you don't want to include in the ROI) and subtract that value from the current total value of the account. But, if you include the dates and values of these additional share purchases in the spreadsheet, xirr will calculate the overall IRR for you.\""}
{"_id": "204767", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/18/us/politics/republicans-obamacare-repeal-now-replace-later.html) reduced by 88%. (I'm a bot) ***** &gt; On Capitol Hill, Republicans and Democrats alike were trying to make sense of the bill&amp;#039;s downfall - and what comes next.  &gt; On Monday night, two Republican senators, Mike Lee of Utah and Jerry Moran of Kansas, came out in opposition to the bill, leaving Republican leaders at least two votes short of those needed to start debate on the measure.  &gt; &amp;quot;The Republicans proposed surgery. The operation was a failure. Now Republicans are proposing a second surgery that will surely kill the patient.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o2ziu/plan_c_on_obamacare_repeal_now_replace_later_has/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~169846 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Republican**^#1 **bill**^#2 **McConnell**^#3 **repeal**^#4 **Senator**^#5\""}
{"_id": "204807", "title": "", "text": "Generally there's no ultimate protection against charge backs. Some methods are easier to charge back and some harder, and there's always the resort of going to courts. The hardest to contest is, of course, a cash payment or wire transfer. You need to remember that imposing unnecessary/unreasonable difficulties on your customers will drive business away. I can buy diamonds in the nearest mall with my credit card - why would I buy from you if you want cash, BTC, or any other shady way to pay? I'm pretty sure that whatever that is you're selling, anyone can buy elsewhere as well."}
{"_id": "204824", "title": "", "text": "We are distributor and wholesale supplier of high quality of professional soccer sporting soccer balls. We specialize in making customized soccer balls. we strive to keep all of the new Premium cheap soccer balls and accessories in stock for our valuable customers. Our selection of Nike, Adidas soccer balls includes premium game balls."}
{"_id": "204825", "title": "", "text": "\"Much of what you're asking will not be disclosed for obvious security reasons, so don't be surprised when call center people say they \"\"don't know\"\".  They may actually not know, but even if they did, they'd be fired if they were to say anything.  Nothing could be a touchier subject than online security for the financial institutions. I don't know of reliable sources for the data you're asking about, and I don't know the banks or other firms would release it.  For a bank to talk about its incidence rates of fraud would be unusual, because none of these institutions wants to appear \"\"less safe\"\" than their competitors.  If there's any information out there then it's going to be pretty vague.  None of these institutions wants the \"\"bad guys\"\" to know what their degree of success is against one bank versus any other.  I hope that makes sense. The smaller banks usually piggyback their data on the networks of the larger financial institutions, so they are as secure (as a general rule) as the larger banks' networks they're running on.  Also, your transactions on your credit cards are not generally handled directly by your bank anyway, unless it's one of the big heavyweights like Chase or Bank of America.  All transactions run through merchant processors, who act as intermediaries between merchants and the banks, and those guys are pretty damned good at security.  I've met some of the programmers, and they're impressive to me (I've been a programmer for 35 years and can't put a finger on these guys!). Most banks require that you must provide proof of identity when opening an account, and that ID must me the standards of the \"\"USA Real ID Act\"\".  Here's an excerpt from the Department of Homeland Security website on what Real ID is: Passed by Congress in 2005, the REAL ID Act enacted the 9/11 Commission\u2019s recommendation that the Federal Government \u201cset standards for the issuance of sources of identification, such as driver's licenses.\u201d The Act established minimum security standards for state-issued driver\u2019s licenses and identification cards and prohibits Federal agencies from accepting for official purposes licenses and identification cards from states that do not meet these standards. States have made considerable progress in meeting this key recommendation of the 9/11 Commission and every state has a more secure driver\u2019s license today than before the passage of the Act. In order for banks to qualify for FDIC protection, they must comply with the Real ID standards when opening accounts. As with any business (especially online), the most effective way to minimize fraud is vigilant monitoring of data.  Banks and other online financial entities have become very adept at pattern analysis and simply knowing where and what to look for when dealing with their customers.  There are certainly sophisticated measures which are kept carefully out of the public eye for doing this, and obviously they're good at it.  They have to be, right? There's no way to completely eliminate fraud -- too much incentive exists for the \"\"bad guys\"\" to not constantly search for new ways to run their schemes, and the good guys will always be at the disadvantage, because there's no way to anticipate everything anyone might come up with.  Just look at online viruses and malware.  Your antivirus software can only deal with what it knows about, and the bad guys are always coming up with some new variant that gets past the filters until the antivirus maker learns of it and comes up with a way to deal with it. Your question's a good one to ponder, and I wouldn't want to be the chief of internet security for a bank or online institution, because I'd lay awake at night pondering when the call's going to come that we finally ran out of luck! (grin) I hope this was helpful. Good luck!\""}
{"_id": "204838", "title": "", "text": "There is no problem with a non-profit hospital, but there is a problem that a Christian non-profit hospital is tax exempt while a non-religious non-profit hospital is not. That is the case in Italy.  Also, some people *do* take a lot of crap for being athiest. Many people lose jobs even families over it."}
{"_id": "204847", "title": "", "text": "this is true for any kind of business deal, not just book to movie deals.   You might be the employee of a company and be given to generate income based on the revenue of said company.  you want gross or net?  Or say you're helping a small business start up and you're giving them some startup capital.  NEVER sign a deal saying that you want to receive a percentage of their net income.  you will never see your money again."}
{"_id": "204866", "title": "", "text": "What are the risks pertaining to timing on long term index   investments? The risks are countless for any investment strategy.  If you invest in US stocks, and prices revert to the long term cyclically adjusted average, you will lose a lot of money.  If you invest in cash, inflation may outpace interest rates and you will lose money.  If you invest in gold, the price might go down and you will lose money.  It's best to study history and make a reasonable decision (i.e. invest in stocks). Here are long term returns by asset class, computed by Jeremy Siegel:  $1 invested in equities in 1801 equals $15.22 today if was not invested and $8.8 million if it was invested in stocks.  This is the 'magic of compound interest' and cash / bonds have not been nearly as magical as stocks historically. 2) How large are these risks? The following chart shows the largest drawdowns (decreases in the value of an asset) since 1970 (source):  Asset prices decrease in value frequently.  Financial assets are volatile, but historically, they have increased over time, enabling investors to earn compounded returns (exponential growth of money is how to get rich).  I personally view drawdowns as an excellent time to buy - it's like going on a shopping spree when everything in the store is discounted. 3) In case I feel not prepared to take these risks, how can I avoid   them? The optimal asset allocation depends on the ability to take risk and your tolerance for risk.  You are young and have a long investment horizon, so if stocks go down, you will have plenty of time to wait for them to go back up (if you're smart, you'll buy more stocks when they go down because they're cheap), so your ability to bear risk is high.  From your description, it seems like you have a low risk tolerance (despite a high ability to be exposed to risk).  Here's the return of various asset classes and how the average investor has fared over the last 20 years (source):  Get educated (read Common Sense on Mutual Funds, A Random Walk Down Wall Street, etc.) and don't be average! Closing words: Investing in a globally diversified portfolio with a dollar cost averaging strategy is the best strategy for most investors.  For investors that are unable to stay rational when markets are volatile (i.e. the investor uncontrollably sells their stocks when stocks decrease 20%), a more conservative asset allocation is recommended.  Due to the nature of compounded interest, a conservative portfolio is likely to have a much lower future value."}
{"_id": "204870", "title": "", "text": "Like Bluetie Grasper have said. Can I create a PayPal account and receive \u20ac200 (or a similar amount) without adding a bank account, credit card, or anything but my email address? The answer is No. You can transfer the money to your PayPal account but until you verify it with your personal information with at least a credit card or mostly likely a bank account, PayPal will hold those funds until otherwise. Can I then use that money to buy on Amazon, still without adding anything but my email address? If not, can I buy gift cards and use those on Amazon? Amazon does not accept PayPal."}
{"_id": "204892", "title": "", "text": "\"I don't think this is \"\"curious\"\" at all.  A large part of Bitcoin's value is based on speculation currently, and since it's both a global currency and a relatively small one, global changes can greatly affect it without having a huge impact on the US Dollar (e.g., the article mentions that much of Bitcoin's trade, and therefore its value, is coming from Japan right now).  The symmetry you're looking for can also be deceiving when talking about currencies of dramatically different values.  The US M2 money supply is worth over $13 trillion (measuring in US Dollars).  The Bitcoin money supply is currently worth about $66 billion (also measuring in US Dollars).  If Bitcoin spiked 10% and the change in value was completely symmetric with the US dollar, the US dollar would fall in value by only 0.05% (i.e. move $6.6 billion in market cap from the USD to Bitcoin).  That's also greatly exaggerating the impact of changes in value of Bitcoin on the US Dollar since Bitcoin and the USD aren't the only currency pair in existence.  Far from it, in fact.  This is why you see, for example, the Venezuelan Bolivar tank against the US Dollar without feeling immensely more wealthy.  People in the US also tend to price things in USD, including foreign currencies, because that's what they're used to doing as they're most familiar with the value of a dollar from everyday experience.\""}
{"_id": "204917", "title": "", "text": "\"This formula is not calculating \"\"Earnings\"\".  Instead, it is calculating \"\"Free Cash Flow from Operations\"\". As the original poster notes, the \"\"Earnings\"\" calculation subtracted out depreciation and amortization.  The \"\"Free Cash Flow from Operations\"\" adds these values back, but for two different reasons:\""}
{"_id": "204919", "title": "", "text": "For any truck owner, the need to repair their vehicle is bound to arise at one time or another. This is simply unavoidable. Since a truck has to operate in unfriendly weather conditions and dense traffic, the need to keep it in good running condition is essential. This means you need to be on the lookout for a good truck repair shop."}
{"_id": "204932", "title": "", "text": "That's because the only reason HR exists at all, *is to justify its own existence*. It is, in fact, the one division of a company you can completely get rid of, and the only effect it will have is to make the company run an awful lot better, and be much more efficient.  HR people are usually the most hated in any business. And for good reason."}
{"_id": "204940", "title": "", "text": "I am not hooked up to the US MSM, so i dont know if they have really said what the article claims it is saying. (or that way, or that much) But the whole article claims the idea there will be more oil is bullshit, and that the MSM is covering it ... poorly."}
{"_id": "204943", "title": "", "text": "You're crazy to cash out your Roth or take on 401k loan, as that is addressing a short-term problem without doing anything about the longer-term issue. Just don't do it. Through no fault of her own, your mom is insolvent. It happens to people all of the time, and the solution is chapter 7 bankruptcy.  The only thing that I would do with my money in this situation is help her with bankruptcy attorney fees if needed, and maybe bid on it at auction, if the house in in good shape."}
{"_id": "204965", "title": "", "text": "Probably talking about different things. For example, there are almost certainly CEOs of startups that don't even take a salary and while they may have huge equity in their firm, if it doesn't get off the ground they make $0. I'm assuming the original comment about worst CEOs probably was excluding these types of situations."}
{"_id": "204982", "title": "", "text": "I think you are interpreting their recommended numbers incorrectly.  They are not suggesting that you get 13-21 credit cards, they are saying that your score could get 13-21 points higher based on having a large number of credit cards and loans. Unfortunately, the exact formula for calculating your credit score is not known, so its hard to directly answer the question.  But I wouldn't go opening 22+ credit cards just to get this part of the number higher!"}
{"_id": "204992", "title": "", "text": "You can invest another $5,500 in your Roth IRA each year, so you can invest up to $11,000 between the two tax years. Additionally you can make investments for the previous year up until 15 April the following year. In your case that will be close to graduation time, and you may decide to max out the contribution for 2014, but wait until you are settled into a new job before setting those savings aside long-term. When you start your first job, there will likely also be an option to invest in a 401k. You can still have the advantages of a Roth, but you will be limited to the investments available in the plan. Most employers I've seen today still offer a low-cost index fund, but you may have to speak up at a company meeting to pressure them to include one of those options in the plan. With a 401k your limit increases to $17,500/year. Make sure that the index fund you invest in has the lowest possible expense ratio. I use VOO. Depending on trading fees, etc., you might pick something else."}
{"_id": "205010", "title": "", "text": "Just guessing here\u2026 How about Daily Median price?  StockCharts provides a similar value they call VWAP. Which stands for Volume-Weighted Average Price. I believe it is a better 'average' for the day (click on link)."}
{"_id": "205042", "title": "", "text": "Ownership has everything to do with it. If I created a block-wide lawn mowing service and forced you to pay for it but I mowed your lawn, your objection to buying my service wouldn't make you the bad guy. You'd say that you don't want my lawn mowing service, and even if you did enjoy the lawn after I took your money and mowed it, you could still object to it and want a different method of taking care of your lawn. The same could be said for any other good/service out there."}
{"_id": "205044", "title": "", "text": "Yeah, BK does very little in terms of running restaurants, they are like hotels in that they run a brand and let individual owerns pay the fees to sign up. I don't get why they should be paying US taxes if someone in London decides to open a BK and pays their fee to BK, PLC based out of the UK."}
{"_id": "205068", "title": "", "text": "I actually use a service called etorro, there are social trading and normal trading. It allows me to put money into the service, follow other people or just pick my own shares to buy and sell with a load other features.  It does cost a small amount to extract money but the app is really good, the website is well designed and I've made a bit of money being 23, and in the It industry with no financial training ever it seems like a good way to start."}
{"_id": "205070", "title": "", "text": "Thanks to this youtube video I think I understood the required calculation. Based on following notation: then the formula to find x is: I found afterwards an example on IB site (click on the link 'How to Determine the Last Stock Price Before We Begin to Liquidate the Position') that corroborate the formula above."}
{"_id": "205075", "title": "", "text": "To deduct medical expenses (in the US), your expenses must first be reduced by 10% of your AGI. So a $30K earner can only deduct expenses over $3K, for example.  Then, the deduction is added to your other itemized deductions, and it's only taken if it exceeds the standard deduction, $6300 for a single person. In the end, you need to do the math and see is the savings is worth it.  If the tooth makes you self conscious or insecure, it may be worth every cent to do it ASAP."}
{"_id": "205088", "title": "", "text": "As non-EU citizen who went to university in England and also doing an MBA in Spain, I can assure you they are not hard to get. It literally is filling out a form.  I went to university in England because of England's strong university status and I went to university in Spain because I wanted to improve my Spanish.  I'm sure a small percentage of people will maybe go to a different country due to having to fill out a visa application (maybe. We don't know if U.K. will allow visa-free studies for EU), but we don't have any way to measure the *possible* impact (if it even happens) right now.  If visas were such a hurdle then why do so many students from around the world come to the USA and Canada to study? They do it because US and Canada have some of the best universities in the world and students want to improve their English - all factors that British universities still have.  I get it. You don't like Brexit. But just try and look at it objectively."}
{"_id": "205098", "title": "", "text": "\"You are still paying a heavy price for the 'instant gratification' of driving (renting) a brand-new car that you will not own at the end of the terms. It is not a good idea in your case, since this luxury expense sounds like a large amount of money for you.  Edited to better answer question The most cost effective solution: Purchase a $2000 car now. Place the $300/mo payment aside for 3 years. Then, go buy a similar car that is 3 years old. You will have almost $10k in cash and probably will need minimal, if any, financing. Same as this answer from Pete: https://money.stackexchange.com/a/63079/40014 Does this plan seem like a reasonable way to proceed, or a big mistake? \"\"Reasonable\"\" is what you must decide. As the first paragraph states, you are paying a large expense to operate the vehicle. Whether you lease or buy, you are still paying this expense, especially from the depreciation on a new vehicle. It does not seem reasonable to pay for this luxury if the cost is significant to you. That said, it will probably not be a 'big mistake' that will destroy your finances, just not the best way to set yourself up for long-term success.\""}
{"_id": "205121", "title": "", "text": "\"In my experience, no. You are not \"\"out if pocket\"\" for that amount. Remember, the purpose of that number is to set a limit on how much of your own money you might have to spend during the year, not on how much is spent/discounted/reimbursed on your behalf.\""}
{"_id": "205129", "title": "", "text": "Lol, sorry buddy. Must be so hard to read that you couldnt even bother to refute anything I said. The never Trump crowd loves to deflect by either defaming character or nitpicking the silliest reasons to argue about instead. You are just another anecdotal experience I have in my life that continues to confirm what I already believe."}
{"_id": "205131", "title": "", "text": "Yeah I have credit cards now but his credit line got me jumped up from maybe a 200 to a 650 in a few months or a year or so.   My bad I figured I posted it in the wrong sub!   So if he cancels it, will this cause me to lose points? Considering the credit line is about 20K?"}
{"_id": "205141", "title": "", "text": "Even then, I've noticed a personal shift away from fast food as a whole, and more toward fast casual (is that what they're calling it?) places like Chipotle, Panera, that Noodle Company place, etc. Less in the $2-5 price range, and more $6-10. People want quality shit now, and we're clearly willing to spend a bit more.   I truly don't know what these fast food places' next step should be. They try to emphasize superior quality but at the price points we see, it's all talk."}
{"_id": "205163", "title": "", "text": "\"In practice No, not at zero. Banks currently have the ability to borrow at very low interest rates but not quite at zero.  Using the Fed Funds Range as a metric we can see that recently (Nov 2015) the lower bound of the fed funds range was 0.05%.  Fed funds are overnight lend/borrow transactions between banks (often between the federal home loan banks and other institutions) 0.05% is also the FED's current Reverse Repo Program rate (RRP), which is the rate at which certain counterparties can deposit cash with the FED overnight in exchange for collateral.  The collateral (US Treasuries) is insurance against the FED defaulting, a very low risk considering the FED has the ability to create more US Dollars out of thin air.  In theory the RRP rate should be a lower bound for the fed funds rate however in practice it is possible to see lower rates trade in the street. What do you mean by \"\"Third party institutions\"\"? Only banks of the highest credit quality are able to borrow at the lower bound of the Fed Funds range.  These are usually large domestic banks like JP Morgan, Bank of NY etc...  As credit quality decreases the rate at which they borrow increases. Currently Skandinavien, German, French banks have relatively good credit and borrow overnight money towards the lower part of the fed funds range.  Italian, Spanish and smaller regional US banks have lesser credit quality and borrow at the higher end of the Fed Funds range. Institutions with lower credit quality would borrow at still higher rates.\""}
{"_id": "205164", "title": "", "text": "We are a part of the modern world where technology plays a brilliant role in making our lifestyle more exuberant, comfortable and flamboyant. In this contemporary world, the combination of photography and printing is considered an asset to turn any simple effect into an extraordinary upshot! For instance, addition of some art work and picture frames to a bedroom can turn it into a master suite."}
{"_id": "205171", "title": "", "text": "How to solve pet pee needs in the middle of the night when you live in a high-rise apartment can be a real challenge. A San Diego start-up company has come up with a unique product that helps both property managers and tenants."}
{"_id": "205183", "title": "", "text": "I was interested in this article until I realized I had to click for each prediction/article. Then I shook my head in slight disgust and clicked the back button.     So, who wins? Does the dog die? Is the baby ok?     *edit: not a slam on the OP*"}
{"_id": "205184", "title": "", "text": "Your heart doesn't need to be anywhere when your wallet grows. Extra cash can be invested in future passions and who knows, with a bit of distance, the love for it might come back. Once the door is completely closed, you'd have to start at 0."}
{"_id": "205194", "title": "", "text": "**[Julian Rinaldi](http://www.swspar.com/about/newspage.php?newsid=64)**, who owns Musbury Garage near Axminster, has been elected to the Wessex Guild of **[SPAR.](http://www.swspar.com/)**  Julian joins 11 other Retailers from throughout the South and West on the Wessex Guild. He is pictured here (left) being welcomed by Wessex Guild Chairman Nick Kenworthy.  Each committee member represents a designated area throughout the Guild and Julian will represent an area covering South Somerset and East Devon. \u201cI see the Guild as an important link between the Retailer and Appleby Westward,\u201d he said.  Julian joined SPAR three years ago when he converted his garage shop into a 1,000 sq.ft. SPAR forecourt store serving the local community.  He took over Musbury Garage when his parents Frank and Barbara retired in 2008. They had originally acquired the site in April 1981. It originally opened as a garage in the 1930s under the ownership of a Mr. Snell who later sold the business on to Jim Hendin before he in turn sold it to Frank and Barbara."}
{"_id": "205196", "title": "", "text": "My son who is now 21 has never needed me to cosign on a loan for him and I did not need to establish any sort of credit rating for him to establish his own credit.  One thing I would suggest is ditch the bank and use a credit union. I have used one for many years and opened an account there for my son as soon as he got his first job. He was able to get a debit card to start which doesn't build credit score but establishes his account work the credit union. He was able to get his first credit card through the same credit union without falling work the bureaucratic BS that comes with dealing with a large bank. His interest rate may be a bit higher due to his lack of credit score initially but because we taught him about finance it isn't really relevant because he doesn't carry a balance. He has also been able to get a student loan without needing a cosigner so he can attend college.  The idea that one needs to have a credit score established before being an adult is a fallacy. Like my son, I started my credit on my own and have never needed a cosigner whether it was my first credit card at 17 (the credit union probably shouldn't have done that since i wasn't old enough to be legally bound), my first car at 18 or my first home at 22. For both my son and I, knowing how to use credit responsibly was far more valuable than having a credit score early. Before your children are 18 opening credit accounts with them as the primary account holder can be problematic because they aren't old enough to be legally liable for the debt. Using them as a cosigner is even more problematic for the same reason. Each financial institution will have their own rules and I certainly don't know them all.  For what you are proposing I would suggest a small line of credit with a credit union. Being small and locally controlled you will probably find that you have the best luck there."}
{"_id": "205208", "title": "", "text": "\"Following comments to your question here, you posted a separate question about why SPY, SPX, and the options contract don't move perfectly together.  That's here Why don't SPY, SPX, and the e-mini s&p 500 track perfectly with each other? I provided an answer to that question and will build on it to answer what I think you're asking on this question.  Specifically, I explained what it means that these are \"\"all based on the S&P.\"\"  Each is a different entity, and different market forces keep them aligned.  I think talking about \"\"technicals\"\" on options contracts is going to be too confusing since they are really a very different beast based on forward pricing models, so, for this question, I'll focus on only SPY and SPX. As in my other answer, it's only through specific market forces (the creation / redemption mechanism that I described in my other answer), that they track at all.  There's nothing automatic about this and it has nothing to do with some issuer of SPY actually holding stock in the companies that comprise the SPX index. (That's not to say that the company does or doesn't hold, just that this doesn't drive the prices.)  What ever technical signals you're tracking, will reflect all of the market forces at play.  For SPX (the index), that means some aggregate behavior of the component companies, computed in a \"\"mathematically pure\"\" way.  For SPY (the ETF), that means (a) the behavior of SPX and (b) the behavior of the ETF as it trades on the market, and (c) the action of the authorized participants.  These are simply different things. Which one is \"\"right\"\"?  That depends on what you want to do.  In theory you might be able to do some analysis of technical signals on SPY and SPX and, for example, use that to make money on the way that they fail to track each other.  If you figure out how to do that, though, don't post it here.  Send it to me directly. :)\""}
{"_id": "205210", "title": "", "text": "I live right beneath the epicenter of this eclipse. My town has less than 150k people and for the eclipse we are predicting a million visitors in the area. That will almost double the population of my state. There aren't enough automobiles in my area to support everyone having a car reservation. Looking at the surrounding areas (up to 200 miles away) and there still aren't enough cars, or ***infrastructure*** to support so many vehicles in my area of my state. While it's a dick move by car rental companies, I honestly don't know what they are are supposed to do.   Edit: I mean, obviously rental companies need a better reservation system that doesn't allow reserving an automobile in an area if there aren't enough automobiles to fill the demand. That is completely on the rental companies. However, even if the demand for all of the automobiles could be met--let's say one car for every four visitors--that's still 250k rental cars in my area of less than a 150k *residents*. It's going to be chaos.   Also: I have three rooms to rent over the week of the eclipse and if anyone is headed to SE Idaho, I'm willing to reach an arrangement."}
{"_id": "205211", "title": "", "text": "\"1 - Delete ormake private your twitter or facebook accounts (you have more than one, yes?) that are explicitly politic.  2 - Take any declas off your car. I am talking about the \"\"Ban ChikFilA\"\", the PFLAG one, the Marriage Equality, the Save the Dolphins.  3 - Avoid flirting with anyone, male and female. That can wait for later.  Story time: I was working for a very conservative institution, and in couple of occasions I was approached by a married man trying to get into my pants, and received flirtatious advances from a married woman.  Most of all, they hated my political affiliation (which they got from a blog I used to write).\""}
{"_id": "205216", "title": "", "text": "&gt; E.U. and the US produces some of the worlds best produce in terms of quality and quantity. Russia has no problem feeding their population. If they're cool with eating nothing but wheat and corn.    From you saying this I assume you are in the US...  Having traveled all over the US and Russia I can tell you.  Ether the US is exporting all its best food items and keeping lower quality for itself, or Russia already has access to better produce than the US has to offer."}
{"_id": "205217", "title": "", "text": "As noted above but with sources An improvement materially adds to the value   of your home, considerably prolongs its useful   life, or adapts it to new uses. You must add the   cost of any improvements to the basis of your   home. You cannot deduct these costs. Source Page 11, Adjusted Basis, Improvements Second, A repair   keeps your home in an ordinary, efficient operating   condition. It does not add to the value of   your home or prolong its life. Repairs include repainting   your home inside or outside, fixing your   gutters or floors, fixing leaks or plastering, and   replacing broken window panes. You cannot   deduct repair costs and generally cannot add   them to the basis of your home. Source Page 12, Adjusted Basis, Repairs versus improvements Generally, an expense for repairing or maintaining   your rental property may be deducted if you   are not required to capitalize the expense.  You must capitalize any expense   you pay to improve your rental property.   An expense is for an improvement if it results in   a betterment to your property, restores your   property, or adapts your property to a new or   different use. Source Page 5, Repairs and Improvements  Good Luck,"}
{"_id": "205224", "title": "", "text": "To piggy back mbhunter's answer, the broker is going to find a way to make the amount of money they want, and either the employee or the company will foot that bill. But additionally, most small businesses want to compete and the market and offer benefits in the US.  So they shop around, and maybe the boss doesn't have the best knowledge about effective investing, so they end up taking the offering from the broker who sells it the best. Give you company credit for offering something, but know they are as affected by a good salesperson as anybody else.  Being a good sales person doesn't mean you are selling a good product."}
{"_id": "205229", "title": "", "text": "In Virginia the maximum tax rate on income is 5.75% which is the same as the capital gains rate. http://www.tax.virginia.gov/income-tax-calculator"}
{"_id": "205232", "title": "", "text": "Ironically, anyone can say anything, but it doesn't make it true. In normal times, the IRS can audit you for 3 years, or up to 6 for certain cases of fraud - From the IRS site -  How far back can the IRS go to audit my return? Generally, the IRS can   include returns filed within the last three years in an audit. If we   identify a substantial error, we may add additional years. We usually   don\u2019t go back more than the last six years. HSA spending is reported each year, just like any Schedule A deductions. Each year, I have my charitable receipts, and they are not sent in. They are there in case of audit. I don't need to save them forever, nor does one need their medical bills forever. 3 years. 6 if you wish to be paranoid. The EOBs should be enough.  The HSA is unique in that you deposit pretax dollars (like a traditional IRA or 401(k)) yet withdrawals for qualified expenses come out tax free (like a Roth).  In my opinion, as long as your medical plan qualifies you for an HSA, I'd maximize its use. The older you get, the more bills you'll have, and at some point, you'll be grateful to your younger self that you did this."}
{"_id": "205248", "title": "", "text": "\"The forms are almost identical, just formatted slightly differently. I just compared an old copy of an R form with the current one without the R. I don't know why they removed the R. In any case, I filed my biannual this year on llc-12, no \"\"r\"\", and no issues.\""}
{"_id": "205251", "title": "", "text": "\"Netflix has a lot of challenges on the horizon:  https://seekingalpha.com/article/4082083-netflixs-costly-business-model-proves-unsustainable  https://seekingalpha.com/article/4084754-netflixs-appetite-risk-start-impacting-investors  https://seekingalpha.com/article/4083085-netflix-will-content-costs-eat-growth  The amusing thing about all of these \"\"culture\"\" discussions is that the majority of the companies boasting about their culture haven't been through a storm that challenges it.  Everybody is happy on the ship when it's smooth sailing but you really learn about your culture when the ship springs a leak.\""}
{"_id": "205267", "title": "", "text": "Given that a lot of rental car places tend to be co-located these days, I've just started making multiple reservations. There's generally no penalty for not picking up the car and if one flakes out, you still have a reservation elsewhere."}
{"_id": "205273", "title": "", "text": "Pay the the smallest balance first. The sooner you pay that off, the sooner you can pay more on the mortgage."}
{"_id": "205280", "title": "", "text": "\"According to what little information is available currently, this fund is most akin to an actively managed exchange traded fund rather than an investment trust. An investment trust is an actively managed, closed-end fund that is tradeable on the stock market.  \"\"Closed-end\"\" means that there are a fixed number of shares available for trading, so if you wish to buy or sell shares in a closed-end fund you need to find someone willing to sell or buy shares.  \"\"Actively managed\"\" means that the assets are selected by the fund managers in the belief that they will perform well.  This is in contrast to a \"\"passively managed\"\" fund which simply tracks an underlying index.   The closed-end nature of investment trusts means that the share price is not well correlated to the value of the underlying assets.  Indeed, almost all UK investment trusts trade at a significant discount to their net asset value.  This reflects their historic poor performance and relatively weak liquidity.  Of course there are some exceptions to this. Examples of open-end funds are unit trust (US = mutual funds) and ETFs (exchange traded funds).  They are \"\"open-end\"\" funds in the sense that the number of shares/units available will change according to demand.  Most importantly, the price of a share/unit will be strongly correlated to the net asset value of the underlying portfolio.  In general, for an open-end fund, if the net asset value of the fund is X and there are Y shares/units outstanding, then the price of a share/unit will be X/Y.  Historic data shows that passively managed funds (index trackers) \"\"always\"\" outperform actively managed funds in the long term.  One of the big issues with actively managed funds is they have relatively high management fees.  The Peoples Trust will be charging about 1% with a promise that this should come down over time.  Compare this to a fee of 0.05% on a large, major market index tracking ETF.  Further, the 1% headline fee being touted by Peoples Trust is a somewhat misleading, since they are paying their employees bonuses with shares in the fund.  This will cause dilution of the net asset value per share and can be read as addition management fees by proxy.  Since competent fund managers will demand high incomes, bonus shares could easily double the management fees, depending on the size of the fund. In summary, history has shown that the promises of active fund managers rarely (if ever) come to fruition. Personally, I would not consider this to be an attractive investment and would look more towards a passively managed major market index ETF with low management fees.\""}
{"_id": "205324", "title": "", "text": "Oh my fucking god, what a stupid comment.   You mean the degree he paid for? That no one at Wharton knows anything about? No classmates? No Teachers? Wharton seems real proud of having him there, oh wait, no they don't. They even have an open letter that has 2000 fucking signatures on it from Faculty and Students.   Also, just because you have a degree in Economics doesn't make you automatically know everything about it. You have to put in the time and work and he clearly shows his understanding of it daily.   &gt;Trump2052   I don't need to comment further for a blinded and ignorant fan-boy."}
{"_id": "205341", "title": "", "text": "\"Am I on crack, or do the perceived tax savings via S-Corp   distributions really not matter at a certain level of business income? You're not on crack. Generally, if all the income is generated by your own personal services - this is the outcome. The benefit of S-Corp is when you have employees who generate your income, and you distribute to yourself profits that come out of other's personal services. In this case your distributions are exempt from FICA since it is not in fact a self-employment income. You'd still have to pay yourself a reasonable salary for your position (as a manager/officer), but it wouldn't have to cover all of the available profits. So if the IRS takes a position against you it would be that your salary should be to include the whole profits, since it is the compensation to you for the personal services that produced the income to the corporation (you). In many cases they might agree that a salary at the SS maximum limit would be reasonable - but that's only a speculation of mine. In that case you might gain some portion of the medicare tax (with the recent law changes at the levels you're talking about you'll pay some medicare anyway). There are a lot of accountants who take more aggressive position saying that not all of the distributions are liable for SE taxes, even if you're the sole employee of the corporation. These cases often end up in the Tax Court, and whatever the outcome, your legal fees become higher than the FICA savings. What is probably missing in your picture is the SS limit of (currently $112K) above which you don't pay social security tax, so whether you get it as a salary or as a distribution - that limit is the same. That is why you don't see a significant difference. I know there are a lot of accountants who'd disagree, but I would argue that for a sole employee of your company, S-Corp doesn't provide significant benefits over the disregarded LLC taxation, but has some additional overhead that adds to your expenses. Here's a link to a lawyer's blog where he suggests (and says many accountants follow) 60/40 division between salary and distributions. I.e.: his take, similarly to mine, is that most of the earnings have to be treated as salary. In your case, when the total is about 300K - you indeed will not get any FICA savings with such a division other than some of the medicare.  Unusually low wages when compared to distributions can draw unwanted   IRS scrutiny and an audit. An unfavorable audit will likely result in   some portion of the distributions being reclassified as earned income   for federal income tax purposes, which results in a deficiency   assessment (i.e., a tax bill), interest on those unpaid taxes, and IRS   penalties. The article also talks about the Watson case (one of the Tax Court cases I referred to), which can be used as the guidelines for determining the \"\"reasonable\"\" compensation. Talk to your tax adviser. I'm neither a tax adviser nor a tax professional. For a tax advice contact a CPA/EA licensed in your state. This is not a tax advice, just my personal opinion.\""}
{"_id": "205351", "title": "", "text": "A CD ladder is an ideal way to hold your emergency funds and eke out a few more percentage points of return.  Buy CDs in denominations close to one month's expenses, and ladder 1 per month with 3, 6 or 12 month CDs (depending on your total cash allocation to emergency funds). By using a frequency that matches your available funds, in a best case scenario, you can perpetually roll over (or as your savings increase, extend to a longer frequency).  If you have an emergency, you have a month's expenses in cash or cash coming in within a month."}
{"_id": "205353", "title": "", "text": "Yeah, the federal gas tax has been 18.4 cents per gallon since I think 1920's and states add another 20 to 55 cents per gallon, but it is nowhere near enough to cover costs.  And I grew up in Illinois, nothing has changed much (I don't remember when we didn't have a former governor in jail)."}
{"_id": "205358", "title": "", "text": "I have come to the conclusion, taking into account the Mining aspect of Bitcoin, that it is the biggest coordinated brute force attempt to try and Decrpyt something.   Yes . .I know, a hash cannot be reversed, thats what they said about MD5 and in the absence of true random, anything is possible.  So they get everybody excited, woohoooo . .bitcoin is $4000 . . .get everybody to buy systems with 5/10/15 high end graphic cards. spend US $ 1500-2000 to make US $7-8 a day and all that processing power goes where?  When the Hash for a piece of data will never change and always remain the same."}
{"_id": "205366", "title": "", "text": "Why the fuck are executives retarded enough to take political stances with their companies? Companies like Google are taking a stance against SOPA because it directly affects their business. SOPA doesn't directly affect GoDaddy's business. Just shut the fuck up and make your money. Some executives just have to actively find ways to shoot themselves in the foot."}
{"_id": "205401", "title": "", "text": "\"Looking at your numbers, I would definitively consider selling the car, and use the public transportation instead. You could easily save $450 month, plus gas and maintenance. As you mentioned, public transportation will be only a fraction of this amount, so you might end up saving around $400 monthly. If you decide to keep the car, the amount that you will spent monthly is easily a payment for a brand-new car. What if, God forbid, for any kind of reason, you get a traffic ticket that can increase your insurance premium? What if the engine stops working, and you will need to spent thousands of dollars fixing the car? With this, and all of the other expenses pilled up, you might be unable to afford all this at some point. If you decide to sell the car, the money that you will save monthly can be put in a savings account (or in any other sort of \"\"safe\"\" investment instrument). In this way, if your situation changes where you need a car again, you will be able to easily afford a new car. Regarding your need to visit your friends on the suburbs every other weekend, I think you can just talk with them, and meet on places where public transportation is available, or ask them to pick you up in the nearest station to the suburbs.  In conclusion, based on what you said, I do not think the \"\"little\"\" convenience that you get in owning the car outweighs the big savings that you get monthly, if you decide to sell the car.\""}
{"_id": "205406", "title": "", "text": "I think you can also order online and pick up in store at locations that don't have food delivery to your door.   It's actually a nice service. Do the shopping at home, see how much you're about to spend before committing and pay online. Then drove to the store, everything is bagged and ready to go. No more walking up and down aisles and being shocked at your total when you get to the check out."}
{"_id": "205411", "title": "", "text": "In addition to all these great answers, check out the Wikipedia entry on options. The most important thing to note from their definition is that an option is a derivative (and nothing about any derivative is simple).  Because it is a derivative, increases or decreases in the price of the underlying stock won't automatically result in the same amount of change in the value of the option."}
{"_id": "205420", "title": "", "text": "Keep paying down the bills.  Attack them by balance (lowest first) or by interest rate (highest first).  Talk to a local chapter of the National Foundation for Credit Counseling to see if they have any ideas.  Perhaps you are a candidate for bankruptcy or some other drastic measure if you have a steady living situation and steady employment. (I wouldn't know, but honestly if your score can't get much worse so there isn't much to lose) You are doing the best you can and because you care enough, you will do great and adjust going forward. As a dad myself, don't worry about paying for your kids school or showering them with entertainment.  Of course they need some, but time with you and knowing you are always there and stable will mean much more than buying their books.  The best gift you can give your kid is a future where they don't have to support you, which is sadly more common than we sometimes think."}
{"_id": "205423", "title": "", "text": "Transit FSAs have $255 limits for each of {parking, public transit} per month, considered on a monthly basis separately; and that limit applies both to funding and to claims. You may fund your transit FSA with up to $255 per month for each purpose.  You may withdraw up to $255 per month for each purpose.  The amounts each month don't have to match, but they do need to each be under the maximum.   Any amount you spend over $255 for either parking or public transit would need to be funded with post-tax money.  Most transit FSAs have a mechanism for adding a credit card to the account to allow this to be seamless and on-demand (as opposed to be declared in advance). You can change your deduction each month, up to the limit your benefits provider permits (for me for example, I can choose up to the 10th of the prior month what to do). This differs from health care FSAs, which are annual in nature, and must be entirely defined during open enrollment - but as they have annual limits, would allow you to use the full amount even when employed for only half the year."}
{"_id": "205428", "title": "", "text": "\"&gt; Where are the pictures of Israel shooting rubber bullets at women and children? Where are the pictures of \"\"Palestinians\"\" who are dying from thirst and untreated diseases?  Yes, I don't care about clueless people like you who hate Israel/Jews and have no clue why.\""}
{"_id": "205437", "title": "", "text": "That goodness here in Australia we don't annualise GDP figures rrom just on individual quarter. That is such a stupid practice. We state the quarterly figure and then add the previous three quarters to calculate the rolling 12 month figure. Makes so much more sense."}
{"_id": "205443", "title": "", "text": "No, nothing like that. You don't get banned for bringing up valid counterpoints. Politics isnt a hard line set for one specific persons policies, being an eternal online rally. Theyre nothing alike even if it seems similar to you."}
{"_id": "205474", "title": "", "text": "People buy less shit.  Therefore less work needs to be done to produce shit.  Therefore people spend less time working.  Of course this means less income, but that's OK because you're spending less money buying shit.  The trick is figuring out how to spread the income decrease to the entire population, instead of companies laying off some people while everyone else's income and hours worked remains unchanged."}
{"_id": "205479", "title": "", "text": "Both of these are important points. I think that what /u/chogall is saying, and what most people miss when it comes to AI / machine learning, is that it's often nothing more than a more advanced form of logistic regression (e.g., neural networks). So, to a degree, machine learning is nothing terribly new. It just requires much more processing power and has been largely limited by that.  The part where it becomes a black box is that, with a regular logistic regression, you select your variables, interactions, polynomials, etc. You're defining the model. Whereas with machine learning approaches, you're still selecting variables, but you're not defining how they interact with each other. And, while you can technically look inside and see what it's doing, it's not something that really makes a ton of sense.  I can easily explain a coefficient on a standard logistic regression or OLS model. But what does the weight of the 6th node of the 3rd layer of a neural network mean?"}
{"_id": "205483", "title": "", "text": "Kind of damned if they do damned if they don't scenario. On the one hand you'd like to boycott you're rival, on the other their effect on one small portion of one smaller market on a company like Amazon won't even register plus they'll be losing out on a lot of money. Much, much more compared to Amazon % wise."}
{"_id": "205485", "title": "", "text": "Supporting Fair Trade will not only produce job opportunities for the people, empowers even the poorest of the poor but will also protect the environment by promoting a sustainable lifestyle.  Fair Trade also brings light to the importance of building relationships and recognizing cultural identities in order to achieve a successful and worthwhile commerce trading."}
{"_id": "205497", "title": "", "text": "**Watts Up With That?**  Watts Up With That? (or WUWT) is a blog promoting climate change denial that was created by Anthony Watts in 2006.  The blog predominantly discusses climate issues with a focus on anthropogenic climate change, generally accommodating beliefs that are in opposition to the scientific consensus on climate change. Contributors include Christopher Monckton and Fred Singer as guest authors.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "205503", "title": "", "text": "\"So your goal is to sell out? If I'm understanding correctly. I say that without connotation. Since you want stock and the ability to be bought.   Your partner sounds like he wants reinvest back into the company and make it grow.   If you want \"\"profit\"\", I'd say find a different partner.   Again you personally can be profitable while still maintaining the company with a nonprofit status. Gotta pay employees.\""}
{"_id": "205508", "title": "", "text": "Really, were only talking about Trumps plan? Cus I was talking about tax reform in general. As my OP mentioned, I think spending across the board needs to be reduced to make lower taxes easier to accomplish. ANYWAY, there's currently trillions in profits overseas that would be taxed at a one time low rate if repatriated. This low rate would probably be between 10-15%. Do the math, it roughly gives you the the 500b you mentioned"}
{"_id": "205514", "title": "", "text": "yes, the really good weed requires a bit of know how to grow properly... but i have known and hung out with people that grow plants, and i have been to their houses and they have shown me how they trim and clip things, and they show me how they put a light to trick the plant into thinking that it is still daylight out, etc...  but in the end, weed aint worth what is being charged for it...  no way...  i am in texas now, and the price here is similar to what i paid at the weed club in california, in cali i paid a mininum of ten dollars per gram and it was possible to spend approx forty dollars per gram, and i think that they even had some that was more than that...  but i want to promise you that your average joe can figure out how to get his plants growing just fine, especially when all he has to do is to trim and water it, as opposed to having to give some criminal ten dollars for enough to make a couple of cigarettes/joints of it.  fk paying for weed.  and, just for the record, i dont really give a fk why people pay for cigarettes.  cigarettes are just plain retarded."}
{"_id": "205515", "title": "", "text": "To supplement existing answers: the appraised value does not necessarily represent the net amount the bank could actually recover with a foreclosure. Let's look at it from the point of view of the bank.  Suppose the property appraises at $200,000 and they do what you want: loan you $200,000 with the property as collateral.  Now suppose a short time later, you quit paying the mortgage and they have to foreclose.  Can the bank get their $200,000 back? An appraisal is only an estimate; nobody can predict perfectly how much a property will sell for.  Maybe the appraiser missed something significant, and the property will only fetch $180,000. Even if the appraisal was accurate when it was made, property values may have dropped in the meantime.  Maybe a sudden economic crisis is driving real estate prices down across the board.  Maybe interest rates have spiked.  Maybe the county has changed the zoning regulations to locate a toxic waste dump next door to the property.  In any of these cases, the property may again fetch well under $200,000. Maybe the condition of the property has changed.  Perhaps you trashed the place and it will take $30,000 to clean it up.  (People have a tendency to do things like that when they get foreclosed.) If the bank wants to get full market value for the property, they will incur the usual costs of selling a property: paying a real estate agent's commission, painting, renting furniture to stage the property, and so on.  This will eat into the net amount they actually get from the sale. It may take some time (perhaps months) for a property to sell at its full market value.  During this time, the bank is out $200,000.  That's money they would rather be loaning out at interest to someone else, so this represents lost income. Foreclosing a mortgage is a fairly complicated procedure.  The bank has to pay its staff, including lawyers, for a significant number of hours to get the foreclosure done.  There will be court filing fees and so on.  If you refuse to leave, they may have to get the sheriff to evict you; that has a fee as well.  If you fight the foreclosure, that racks up even more legal fees.  This too eats into the net proceeds from the sale. So if the bank loans you the full $200,000, they stand a pretty significant risk of not getting all of it back, after expenses.  You can understand that risk may not be worth the interest they would get from you on the extra $40,000. On the other hand, if they loan you only 80% of the property's appraised value ($160,000), they effectively shift that risk onto you.  Should you default on the loan, and they foreclose, all they have to do is sell the property for $160,000 or a little bit more.   That shouldn't be too hard, even if it is not freshly painted or a bit trashed.  They probably don't need to hire a real estate agent: just hold a quick auction, maybe first calling up a few investors who might be interested in flipping it.  If it happens to sell for more than the outstanding principal of the loan, plus the bank's costs, then they will pay you the difference; but they have no incentive to make that happen, and every incentive to just get it sold quick.  So any difference between the property's true value and the actual sale price now represents a loss to you first, not to the bank. So you can see why the bank would rather not loan you the full value of the property.  80% is a somewhat arbitrary figure but it cuts their risk by a lot."}
{"_id": "205522", "title": "", "text": "What you propose is to convert unsecured debt into secured debt. Conversion of unsecured debt into secured debt is not generally a good idea (several reasons).  The debt you currently owe does not have assets securing the debt, so the creditor knows they are exposed to risk, and may be more willing to negotiate or relax terms on the debt, should you encounter problems.  When you provide an asset to secure debt, you lose freedom to sell that asset.  When you incur debt their is usually a spending problem that needs to be corrected, which is typically not fixed when a refinance solution is used.  You do not mention interest rate, which would be one benefit to conversion of unsecured to secured debt, so you probably are not gaining adequate benefit from the conversion strategy. This strategy is often contemplated using 'cash-out' refinancing to borrow against a home you already own, and the (claimed) benefit is often to lower the interest rate on the debt.  Your scenario is more complicated in that you have not purchased the home (yet).  Though it may be a good idea to purchase a home, that choice depends on a different set of considerations (children, job stability, rental vs. buy costs, lifestyle, expected appreciation, etc) from how to best handle a large debt (income vs. expenses, how to increase income or reduce expenses, lifestyle, priorities, etc). Another consideration is that you already have a problem with the large debt owed to one (set of) creditor(s), and you have a plan which would shift the risk/exposure to another (set of) creditor(s) who may have been less complicit in accruing the original debt.  Was the debt incurred jointly during the marriage, and something you accepted responsibility to repay? You mention that you make great income, and you specify one expense (rent), but you neither provided the amount of income, total of all your expenses, nor your free cash flow amount, nor any indication of percentages spent on rent, essential expenses, lifestyle, nor amount available to retire debt.  Since you did not provide specifics, we can take a look at three scenarios, scenario #1, $4000/month income scenario #1, $6000/month income scenario #1, $8000/month income Depending upon your income and choices, you might have < $500/month to pay towards debt, or as much as $3000/month to pay towards debt, and depending upon interest rate (which OP did not provide), this debt could take < 2 years to pay or > 5 years to pay. Have you accepted the responsibility for the debt?  It will be a tough task to repay the debt.  And you will learn that debt comes with a cost as you repay it.  One problem people often encounter when they refinance debt is they have not changed the habits which produced the debt.  So they often continue their spending habits and incur new unsecured debt, landing them back in the same problem position, but with the increased secured debt combined with additional new unsecured debt.  Challenge yourself to repay a specific portion of the debt in a specific time, and consider ways to reduce your expenses (and/or increase your income) to provide more money to repay the debt quicker. As you also did not disclose your assets, it is hard to know whether you could repay a portion of the debt from assets you already own.  It makes sense to sell assets that have a low (or zero) return to repay debt that has a high interest rate.  Perhaps you have substantial assets that you are reluctant to sell, but that you could sell to repay a large part of the debt?"}
{"_id": "205537", "title": "", "text": "Their names read like fictional characters out of a white collar crime drama. They Plodded this Gamble as they Loughed and Ran away.   But really we should grab our pitchforks and meet in Atlanta because fuck the rich elite and their special rules."}
{"_id": "205542", "title": "", "text": "Can I give the bank the $300,000 to clear the mortgage, or must I pay off the total interest that was agreed upon for the 30 year term? This depends on the loan agreement.  I had one loan where I was on the hook regardless.  Early payment was just that, early payment.  It would have allowed me to skip months without making payments (because I had already made them).   Most loans charge interest on the remaining balance. If you pay early, it reduces your balance, decreasing the interest.  If you pay it off early, there's no more balance and no more interest.   I'm curious why the bank would let you do this, since they will lose out on a lot of profit. But they have their money back and can loan it out again.  If they maintained the loan, they aren't guaranteed of getting their money.   Interest is rent that you pay for the loan of the money.  Once you return the money, why pay more rent?  While some apartment leases require paying through the entire term, most allow for early termination with proper notice.  You give back the apartment; the landlord rents it out again.  Why should they get paid two rents?   Another issue is that if someone with a mortgage switches jobs to a new location, that person will likely prefer to sell the current house and buy one in the new location.  This is actually the typical way for a mortgage to end.  If the bank did not allow that, they would essentially force the family to rent out the mortgaged house and rent a new house.  So the bank would go from an owner-occupied house that the inhabitants want to keep maintained to a rental, where the inhabitants only care to the extent of their legal liability.   Consider the possibility that the homeowners lose one of their jobs.  They can't afford the house.  So they sell it and close out the mortgage.  Should the bank refuse to allow the sale and attempt to recover the interest from the impoverished homeowners?  That situation would almost guarantee an expensive foreclosure.   Once there is any early termination clause for any reason, it makes sense for the bank to structure the loan to include the possibility.  That way they don't have to investigate whatever excuse is involved.  Loan regulators may require this as well, particularly on mortgages."}
{"_id": "205547", "title": "", "text": "Agreed which is why an income tax is a bad idea.  Personally I'm in favor of property taxes as a way to fund government.  It is a much more objective measure and easy for the government's to confiscate if taxes remain unpaid."}
{"_id": "205553", "title": "", "text": "\"You refer to the rise of \"\"immigration crimes\"\" which is pretty much normal considering the masses that came to our country... you know this is stuff like lying about your age or your reason for seeking refuge or getting a job before being approved. You really should focus on the violent and hard crimes (which rose significantly AGAINST minority's). It says 5 % crimes from Refugees.... which means???? ah you get it.\""}
{"_id": "205555", "title": "", "text": "\"Just FYI since the left is split into a million different pieces.... who specifically are you referring to when you say \"\"alt-left\"\".   I've heard people on the right describe HILLARY CLINTON and Obama as socialists and communists.  They are anything but- they are straight up neoliberal crony capitalists like thatcher.  Except perhaps they are quicker to dole out food stamps and welfare to POCs &amp; refugees... but they support illegal immigration &amp; \"\"sanctuary cities\"\" BC is allows them to have a huge amount of illegals working for no money and no rights... ie labor to exploit.  It's not BC they care about them as people or anything.    Food stamps and welfare checks isn't socialism.  And it's not what real socialists want.  We want [ownership.](www.democratizetheenterprise.org)   Edit: sausage fingers\""}
{"_id": "205556", "title": "", "text": "Can I transfer funds from India to USA which I have borrowed in India. Funds borrowed in India may not be transferred outside of India as per Foreign Exchange Management Act. Loans in rupees to non-residents against security of shares or   immovable property in India:-   Subject to the directions issued by   the Reserve Bank from time to time in this regard, an authorised   dealer in India may grant loan to a non-resident Indian, e) the loan amount shall not be remitted outside India;"}
{"_id": "205562", "title": "", "text": "\"&gt;It's tremendously more difficult to make large percentage gains on $1 billion than it is to make gains on $1 million.  This is true. However, when you consider the 2 and 20 fee structure that is typical of hedge funds, it becomes evident why managing more money is generally better. With a fund with 1B under management, they \"\"earn\"\" 20 million dollars for turning the lights on. Even if they only have a 3% return in a given year, that's another six million dollars.   A fund managing a million in assets would have to have a return of 40% to net $100,000. So while the law of diminishing returns may be working in your favor if you are managing less money, if your goal is to make money for yourself it's pretty clear why managing more money is better.\""}
{"_id": "205563", "title": "", "text": "\"Smartphones? Really?  How about a lack of work and a scarcity of disposable income?  Currently the US unemployment rate is at 4.2%, below the mark for \"\"full employment\"\" and *well* below where upwards wage pressure should be forming.  At the same time, the participation rate is also moribund, dithering around the 60% mark.  At this point, there should be so much wage pressure that an argument over minimum wage should be moot, as even the corner McD's should be offering $15 an hour just to get people to notice the help wanted sign, and yet it isn't happening.  Why? Because there are no jobs.  \"\"But the BLS says there are 6.2 million jobs available!\"\" you say.  Yes, and they've said so since July.  This is called churn, and it's the same jobs being offered over and over again to people who stay for a month and move on.  The low inflation is due to one thing: Normal, everyday people have no money to spend, there is no real economic growth, there is no wage pressure.  All the money is locked up in financial markets, making more wealth, but producing nothing.  \"\"But look at all the smartphones that exist today\"\" that replaced flip phones that replaced wall phones.  Sure, everything is cheaper: It has to be, or else no one could afford it.\""}
{"_id": "205566", "title": "", "text": "\"My car, that you've probably never even heard of, can recognize street lines, pedestrians, other cars, rain, whether I'm paying attention and road conditions. It can apply the gas, the brakes, and steer. It can drive itself and park itself.  Having said all that it's, at times, profoundly stupid. 60% of the time it can drive itself perfectly competently; 20% of the time it struggles and 20% of the time it would happily smash into a ditch. Not great but this is on a car that isn't even advertised as having any level of autonomy.  So, my thinking on it has evolved. I do think we're a long way away from a car you can truly trust to drive you. However I think we're probably only about 2 to 3 model years away from a reasonably priced production car that can do MOST of the driving, safely, with you there just to make sure it doesn't screw up.  In fact, the autonomous features on my car are gimped on purpose. The car CAN fully steer itself in reasonably well painted lines but Ford engineers have the system turn itself off if you aren't actively \"\"helping\"\" it. if they threw caution to the wind my current car with current tech could drive without me touching anything for probably about 60% of my ride to and from work.  Further, the system itself is surprisingly sophisticated in some ways. Lane marker recognition is very good. The control that the system exhibits during assisted parking is...it's hard to even explain unless you experience it. Suffice to say that the mechanical and sensor tech is already here.  I still think we're a very long way away from getting into your back seat and telling the car to take you somewhere so if you define self-driving that way then yes, it's a long distance away. But if you define self-driving as needing to be there but not needing to do much, I think that's very close.\""}
{"_id": "205575", "title": "", "text": "Try reading.   They seem to be the most underpaid salesmen per dollar of product sold in the country.   They don't get commission for selling the exact same products as their peers at Verizon or Sprint stores, whose salespeople earn much more."}
{"_id": "205585", "title": "", "text": "\"Here's an answer to a related question I once wrote. I'm reposting here.  I can, but it takes a significant amount of time.   I'll do a short version which unfortunatley might leave more holes than you like. Basically, traders don't want to barter because it is hard to find the person with precisely the goods you want who wants to trade for the goods you have. Thus the need for \"\"coupons\"\" that represent value in a marketplace. Then you need to decide who gets to create coupons. If too many can issue them, problems arise, and no one trusts the coupons will be good later. Eventually you want one large bank/nation/trader to be able to issue them so everyone has the same level of trust in them, and you don't have the economic inefficiencies of many coupon issuers.  Next, the number of coupons needs to be enough to facilitate trade. If the amount of trade increases a lot, and the number of coupons doesn't increase similarly they become worth more, and people start to hoard them. This causes deflation, which causes less investment, which causes less growth, which hurts everyone in the long run.   If there are too many coupons added, this causes inflation, which causes people to spent them quicker instead of holding them. For reasons I won't cover here slight, predictable inflation is much better than deflation, so remember inflation is slightly preferred. Note that inflation is often caused not by the number of coupons but by external price changes.  Now, for a modern economy to do well, somone has to watch the economy, measure it carefully, and add/subtract coupons into the system as needed. Coupons, like all money, have no real value (whatever that means), but only have value because the holder expects to be able to trade them *later* for goods and services. You cannot eat coupons, use them for shelter (usually!), or wear them, but you want to trade them for such needs. The same is true for paper money, gold, stones, or almost whatever money system one uses. Money in all these forms is merely an IOU tradable for future goods.  The Fed is tasked (among other things) with making sure there is precisely enough coupons in the economy to keep trade functioning as well as possible. This is very hard to do since there are external and internal shocks to an economy (think disaster, foreign govts shutting off resources, rapid changes in people's tastes, etc.).   Central banks such as the Fed need to be independent of political control, since empirical evidence has shown that politicians tend to add more money to the system than is needed, because the short term gains give them votes, but the long term consequences (rapid inflation, unemployment, lower economic growth) are bad for society. This is why the Fed is largely out of congressional control, and large amounts of empirical evidence across hundreds of years and dozens of cultures shows this to be good.  Note: another function of the Fed is to be a lender of last resort to help prevent bank panics that were widespread in the 18th and early 19th century, something that none of us now remember, but it was a real problem. I'll skip that part for now.  So now we're at the point where the Fed needs to add/subtract coupons from society. To do this part justice takes significant time to cover all the reasons why various rules are in place (banking reserve requirements, for example), and you cannot learn it from one pass of reading.  But I'll try. Instead of being like the majority of internet fools that rail against the system, try to learn the *why* of all this, and you'll be much wiser and understand that it is all a pretty good system.  One method they use is the interbank lending rate. Banks have a reserve requirement, which is the ratio of coupons they need to have on hand as a ratio compared to the total coupons depositors lent them. This is usually around 1:10. The amount deposited that they can lend goes to business loans, school loans, mortgage loans, etc., and helps economies grow. Now when a bank on a given day falls short due to too many withdrawals, other banks (or the Fed) offers an overnight loan to meet reserve requirements, and the Fed sets the interest rate, which in turn drives other interest rates in the system.  This does not change the money supply very much.  Secondly, the Fed sets the reserve requirement, which vastly can change the amount of money available to society. But they change this rate so rarely (all the historical data is on the St. Loius Fed site, among others) that it is not usually an issue. I'll explain below how this can drastically change the money supply though the money multiplier.  Thirdly, and this is the part the poster above seems upset about, they conduct open market operations. This is the primary means by which the Fed exercises control over the number of coupons in play. The government, like businesses, like individuals, often needs to borrow money, in theory to invest in wise causes like infrastructure or perhaps money making enterprises such as technology investmeny (and I know what they often use the money for causes many to complain). The government, like companies, offers the sale of various contracts such as bonds to investors, who want a place to park some accumulated coupons for safety, and they get a return plus some interest. So the government sells bonds on the open market to investors, banks, pensions, foreign governments, basically to whomever wishes to purchase them at the market rate, and the government, like many individuals and banks, uses these loans to perform day to day functioning and possible smooth out volatility in spending needs. By law the Fed cannot purchase directly from Treasury. Now, once on the market, these bonds are traded, packaged, resold, etc., since they have inherent value, and since those owning them want to buy/sell them, perhaps before maturity date. This \"\"liquidity\"\" (ability to sell your goods) is necessary - fewer would purchase an item if they could not sell it when they desire. Thus bonds are bought, sold, and traded, and their prices fluctuate based on what the market thinks they are worth, just like any good.  Now, the Fed can buy/sell these bonds on the *open market*, like anyone else. So when the Fed wishes to increase the money supply, they can buy bonds that are not \"\"spendable\"\" money and inject money into the system. Note they now hold a bond that had at the time of transaction the same value as the money they injected. Note investors freely bought these from Treasury, meaning the market thought at the time of purchase that this was a good invesement. It is *not* the government merely wishing more money into existance. It is market forces that require more money for trades and is selling goods from the marketplace of (presumably) equal value to the Fed. This increases liquidity, but takes valuable assets from circulation. When the Fed wishes to shrink the money supply, they sell these bonds back into circulation basically by offering better terms than Treasury. In fact, you can find graphs of the Fed operations and see how every December they inject money for more Christmas shpping (need more coupons for more trade) and every January they extract some.  So open market transactions, buying and selling goods at market prices in the marketplace along with other traders, is how the Fed injects and removes money from the money supply. This is the primary mechanism that the Fed uses to control the number of coupons in the economy.  Finally, a little about reserve requirements and the money multiplier, since it affects so much of the number of coupons in play. This also I must simplify drastically. Each bank needs to hold 1/10 of all deposits in cash. The rest can be lent, which lands in another bank, which again can be lent, etc... Thus each $1 deposited can result in loans totalling 9/10 + (9/10)^2 + (9/10)^3 +... = 9 more dollars. Many people claim that banks are printing money, which is nonsense, since each also has an equal debt to pay to the person they borrowed from. When all loans are paid back there is no net money gain.  However, this allows for each $1 the Fed injects by buying bonds for there to be up to $9 in the economy, *if banks all loan to the fullest extent*. Banks tend to want to loan since loaned money makes them profit. Banks used to loan too much and runs on the banks caused significant problems, which is why laws were made to require *all* banks to have the same reserve requirement.  Now, when banks get scared and stop loaning, this 9 fold multiplier dries up, and the Fed has much less inpact on being able to target the proper number of coupons to keep the economy smooth. During the recent crash when banks stopped loaning, as each dollar was paid back on debts, there was significant shrinkage of available money for transactions, and this kills the economy. This is the \"\"liquidity crisis\"\".   Hope this helps. As I said, this is vastly simplified and I cannot go into all the reasons and historical items needed to understand it fully. It is a vastly complex (and necessarily so) and takes significant study to grasp the genius of it. It's similar to not being able to understand nuances of particle physics in one go, but as you study and work at it you see *why* things go as they do, and you learn all the failed methods (the gold standard is one example) that were thrown out for many good reasons.  Cheers.\""}
{"_id": "205603", "title": "", "text": "Yes same for me. But the company was complete shit, and offered debit cards for people who didn't have a bank account.   That does not mean they **can't** offer paper cheques, it means they **won't**. A very important distinction."}
{"_id": "205618", "title": "", "text": "We value our clients\u2019 satisfaction so much that we do not compromise on the quality of cars and services we offer them. At Peter James Motors, we will work closely with you until you find the best used 4wd car that suits your needs best."}
{"_id": "205624", "title": "", "text": "No. Borrowing is not allowed, but if you take a withdrawal, you have 60 days to deposit into another IRA account. This effectively creates a 60 day loan. Not what you're really looking for.  If you take this withdrawal and re-deposit to new account within 60 days, no problem. If not, you owe tax on the untaxed amount as well as a 10% penalty. This comes from IRS' Publication 590, I have the document memorized by substance, not page number."}
{"_id": "205652", "title": "", "text": "Whatever you choose for a remedy (my first impulse is to suggest bankruptcy) you should protect your retirement plans.  These are immune from most collection actions, the exception being govt debts (e.g. taxes) and student loans.  The sad part is that the student loans won't go away except by paying them off.  Miss one payment and it will hound you for 10 years.  Bankruptcy will stop you from getting a home loan for only two years.  Unless you have the discipline to live like a monk for a decade it sounds like you're headed for a train wreck.  The kids will have to cut back to junior college or some other method of reducing costs and as hard as it sounds, don't cosign for any more student loans. Kids are more resilient than you think and they'll probably come up with their own solutions like scholarships, work study and off campus jobs.  I hate to keep beating the bankruptcy horse but at least that way you could still keep your house and car.  Otherwise you risk losing either or both from missed payments.  I actually hope that you can avoid bankruptcy so I suggest first you talk to a financial adviser or bankruptcy attorney to see if this is in fact right for you. But if it's just the shame of the scarlet letter B then consider that pride doesn't keep a roof over your head or food in your belly."}
{"_id": "205665", "title": "", "text": "\"Don't do this if haven't talked about investments and don't learn quickly. Don't do this if you don't like cold calling. Don't do this if they want you to pump and dump. Don't do this if you don't think you can convince gamblers to invest with you. Don't do this if you have a better opportunity.  I checked their website. Maybe double check with FINRA and SIPC to see that they're really members if you're really skeptical and you're still interested. Just dial and keep asking until you get a better answer than \"\"If they say so then yes.\"\"  Oh, and don't do this if they're giving you a shitty deal on commissions. Ask for a tour of the premises too.\""}
{"_id": "205669", "title": "", "text": "Check with your bank, usually a statement is either at the same day of month (e.g.: every 15th of the month), or every 30 days (e.g: March 15th, April 14th, May 14th, so forth). From my experience, most credit cards use the same day of month strategy. Keep in mind that if the day is not a business day (e.g.: weekend), the statement is closed either the previous or the next business day."}
{"_id": "205671", "title": "", "text": "\"Take your top ten or twenty customers out to dinner (one at a time), along with your top sales people. Ask them why they do business with you and what you could be doing better. Don't make any promises, mind you, just listen.  Back at the office, sit down with the sales people who were at the dinner and come up with a plan to make your top customers super happy, and then figure out how to package that to your mid-tier customers.  Then \"\"fire\"\" all your worst customers. They probably bring more headaches than they do profits.\""}
{"_id": "205685", "title": "", "text": "In general, to someone in a similar circumstance I might suggest that the lowest-risk option is to immediately convert your excess currency into the currency you will be spending. Note that 'risk' here refers only to the variance in possible outcomes. By converting to EUR now (assuming you are moving to an EU country using the EUR), you eliminate the chance that the GBP will weaken. But you also eliminate the chance that the GBP will strengthen. Thus, you have reduced the variance in possible outcomes so that you have a 'known' amount of EUR. To put money in a different currency than what you will be using is a form of investing, and it is one that can be considered high risk. Invest in a UK company while you plan on staying in the UK, and you take on the risk of stock ownership only. But invest in a German company while you plan on staying in the UK, you take on the risk of stock ownership + the risk of currency volatility. If you are prepared for this type of risk and understand it, you may want to take on this type of risk - but you really must understand what you're getting into before you do this. For most people, I think it's fair to say that fx investing is more accurately called gambling [See more comments on the risk of fx trading here: https://money.stackexchange.com/a/76482/44232]. However, this risk reduction only truly applies if you are certain that you will be moving to an EUR country. If you invest in EUR but then move to the US, you have not 'solved' your currency volatility problem, you have simply replaced your GBP risk with EUR risk. If you had your plane ticket in hand and nothing could stop you, then you know what your currency needs will be in 2 years. But if you have any doubt, then exchanging currency now may not be reducing your risk at all. What if you exchange for EUR today, and in a year you decide (for all the various reasons that circumstances in life may change) that you will stay in the UK after all. And during that time, what if the GBP strengthened again? You will have taken on risk unnecessarily.  So, if you lack full confidence in your move, you may want to avoid fully trading your GBP today. Perhaps you could put away some amount every month into EUR (if you plan on moving to an EUR country), and leave some/most in GBP. This would not fully eliminate your currency risk if you move, but it would also not fully expose yourself to risk if you end up not moving. Just remember that doing this is not a guarantee that the EUR will strengthen and the GBP will weaken."}
{"_id": "205697", "title": "", "text": "I'm waiting to get a tesla. My reason is that I hate getting and paying for gas. I use a lot of it for my commute. Would I like to save the world? Yes. But I want an electric car for no other reason than to stop pulling into a gas station."}
{"_id": "205715", "title": "", "text": "\"From the comments, it sounds like you have a technical background. So I'm going to suggest you think of this as a technical problem: it's an optimization problem, where the variable you're trying to optimize for is total interest paid over the lifetime of the loans. Step 1 is making sure you're using the credit available to you most efficiently. If there's room in the credit limit for card #1 to move more of your debt there, then definitely move your balances from the higher-interest cards. However, be careful; some cards will have different interest rates for balance transfers or cash advances. And definitely don't move any principal from Card #3 until the 0% interest rate expires. Pursuing a bank loan as part of step 1 is valid as well. You could start with the bank you use for your checking account today. Credit unions can be a good source of lower-interest loans as well. Ensure that you fully understand the terms and interest rates, particularly if they change. Just be careful about applying for them; too many rejections can affect your credit rating negatively. You also mention in the comments that you're paying \"\"her\"\" mortgage. I don't know how the ownership is set up there, but either refinancing or taking out a home equity loan can be a way to consolidate debt. The interest rate on a home loan will almost assuredly be less than on your higher rate cards, especially taking the tax deduction into account. Step 2 is paying down the debt efficiently. The rule here is simple: Pay the minimum payment on all cards except for the one with the highest interest rate; any money you have above the minimum payments should go into paying down the principal on that one. In your case, that's Card #2.  Good luck!\""}
{"_id": "205719", "title": "", "text": "First, yes, your LLC has to file annual taxes to the US government.  All US companies do, regardless of where their owners live.  Second, you will also probably be liable to personally file a return in the US and unless the US has a tax treaty with India (which I don't believe it does) you may end up paying taxes on your same income to both countries.  Finally, opening a US bank account as a foreign citizen can be very tricky. You need to talk to a US accountant who is familiar with Indian & US laws."}
{"_id": "205723", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.theage.com.au/business/china/chinas-bank-chief-warns-of-a-sharp-correction-20171020-gz4xs1.html) reduced by 87%. (I'm a bot) ***** &gt; China&amp;#039;s central bank has warned in the clearest language to date that extreme credit creation and trouble in the shadow banking system could lead to a full-blown financial crisis.  &gt; Zhou Xiaochuan, the governor of the People&amp;#039;s Bank, spoke of &amp;quot;Fierce market reactions&amp;quot; and possibly a Minsky Moment, the tipping point when credit cycles break and euphoric booms collapse under their own weight.  &gt; The problem with the assault on shadow banking is that private companies rely on this form of credit, while the state-owned behemoths or &amp;quot;SOEs&amp;quot; gobble up most of the available loans from the &amp;quot;Big five&amp;quot; state banks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77tfnk/chinas_bank_chief_warns_of_a_sharp_correction/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232474 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **China**^#2 **credit**^#3 **financial**^#4 **per**^#5\""}
{"_id": "205735", "title": "", "text": "Bogus ranking.  Has the UK's NHS rated number one and the Canadian system two spots higher than the US.  There are [70,000 britons](http://www.dailymail.co.uk/news/article-490233/Record-numbers-abroad-health-treatment-70-000-escaping-NHS.html) who chose to get medical treatment in other countries instead of the NHS.  Another article says [52,000 Canadians](http://www.cbc.ca/news/canada/windsor/estimated-52-000-canadians-sought-medical-care-outside-canada-fraser-institute-says-1.2997726) chose to get medical treatment in other countries, including [42,000](http://www.pnhp.org/news/2014/march/42000-canadians-come-to-the-united-states-for-care-really) coming to the US."}
{"_id": "205737", "title": "", "text": "In China (Shanghai at least) Burger King is actually really good.  Everything is made fresh, they use high grade meat, and keep the place spotless.  Most western fast food places in China are a step above the US but Burger King is a few steps.  Carl's Jr came here a few years back and they are incredible.  They aren't as widespread as Mcdonalds and KFC but the quality is high."}
{"_id": "205742", "title": "", "text": "You need to look at the numbers when you're ready to transact.  What your crossover is worth now, what the truck will lease for then, what financing deals may or may not be available will all change. I'm not sure why you've already decided you will lease the truck, perhaps you're planning to take advantage of some kind of business write off.  I would personally never put anything down on a lease, though I have argued with people on here about that particular decision.  The reality is you need to look at the numbers.  Some banks will adjust the interest you pay on your lease to account for your down payment, some don't.   Consider a $9,000 lease, $250 per month for 36 months.  Consider you pay $1,000 up front as a down payment.   Example 1: $1,000 lowers the amount due on the lease to $8,000 lowering your monthly payment to $222.22 from $250, the downpayment has accomplished nothing.  Over the 36 months you will have still paid the same $9,000.   Example 2: $1,000 up front changes the amount owed and other fees generally applicable to a lease (gap insurance etc) and your payment drops to $215, your total over the lease is now $8,740 ($1,000 down and $7,740 in payments).   You need to look at the numbers.  In general if you know you will be purchasing the truck at the end of the lease it's more financially advantageous to just purchase it from the start."}
{"_id": "205764", "title": "", "text": "DFP Building Services are providing best decorating and painting services in surrey, UK. Our painters and decorators are fully qualified and time served professionals. We use top quality material to decorate or paint your home and offices. Our refurbishment service includes complete refurbishment, remodeling, plastering, flooring, carpentry whichever is required."}
{"_id": "205766", "title": "", "text": "The 200K vehicle is likely the better deal.  Get your own mechanic to check it out.  If it doesn't have major issues, it will likely cost you less. Why?  Because you've wisely included $6000 in expected maintenance.  Yet it has the possibility of not needing more than $500 of maintenance during the 4 years you plan on owning it.  It's a gamble, but you have the chance to save $5500 of that estimated cost with that vehicle. Note that you will also need to factor in tires for either vehicle, unless that is included in your maintenance estimate."}
{"_id": "205772", "title": "", "text": "The main problem is that everyone graduates from high-school, almost everyone gets accepted to college and almost nobody who put minimum efforts fails college classes. I know that! I was an adjunct professor and was told I can't fail my students except in extreme cases.  In the past, to graduate from high school was a hard accomplishment. Getting accepted to college was a hard accomplishment. Surviving the first year in college was an accomplishment and getting a degree was an accomplishment.  Those accomplishments in the past gave you excellent benefits! Benefits of assured respected jobs, income, security, and being the exception.  An example: in the past, to be a teller in the bank, you did not have to finish high-school, just be good in basic math. Today: a teller in the bank, one of the lowest paying jobs you can find, requires a Bachelor degree. Does the bachelor degree worth it?  **Basically, higher education became an industry, that accept as many people as possible, charge them as much as it can, give degrees to undeserving people, and those degrees are almost worthless. You can't do much with a Bachelor degree!**  The solution is to make the standards for high school and college much higher.  Everything will fall into place then.   Fewer students who are actually interested in studies and are qualified for their studies will mean better teaching, lower costs, and much better benefits for those deserve those benefits.  Chances of this happening? Big big zero. Actually, the chances of even lower standards for colleges and schools are 100%.  So, for my son, I explained to him to not invest much in an excellent and expensive college for [worthless] degrees. Instead, while he studies, work in the area he is interested in and learn from the masters he works with. My son is 13, but since being 11, he works (yes, he makes money) with some computer system he's interested in.  Personally, I worked since I was 13, study and worked all the time, got my Bachelor and Masters, and I am doing extremely well. I get paid for what I know, which Zero of it came from my studies and money I spent in those studies."}
{"_id": "205773", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://voxeu.org/article/bail-ins-and-bailouts-incentives-connectivity-and-systemic-stability) reduced by 94%. (I'm a bot) ***** &gt; The Financial Stability Board has since included bail-ins as one of its primary components of post-crisis resolution regimes.  &gt; In earlier work without considering intervention, dense connections between financial institutions seemed to enhance financial stability, unless a shock was large enough to cause a systemic default.  &gt; An endogenous network formation model that takes into account banks&amp;#039; anticipation of credible bail-in strategies would lead to the informed design of structural policies aimed at preventing banks from reaching a network structure, in which the government&amp;#039;s &amp;#039;no intervention&amp;#039; threat fails to be credible.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77esvr/a_bailin_is_possible_when_the_losses_of_a_failing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231346 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **bail-in**^#2 **Financial**^#3 **network**^#4 **structure**^#5\""}
{"_id": "205783", "title": "", "text": "\"Yes. I describe the Roth flavor as \"\"denser.\"\" For those with more money they wish to save this factor should be added to the mix. Of course you can save $16500 + 5000 (in an IRA) for $21500 total pretax if you wish (and are within the limits.)\""}
{"_id": "205790", "title": "", "text": "E&amp;P can be valid throug Net Present Value methods, on a field-by-field basis. As no field is ever-lasting, and there Are not an unlimited number of fields, perpetuity-formulaes Are shitty.  FCFF on a per-field basis with WC and Capex, with a definite lifetime.  Thank you for the compliment."}
{"_id": "205791", "title": "", "text": "\"First, the balance sheet is where assets, liabilities, & equity live. Balance Sheet Identity: Assets = Liabilities (+ Equity) The income statement is where income and expenses live. General Income Statement Identity: Income = Revenue - Expenses If you want to model yourself correctly (like a business), change your \"\"income\"\" account to \"\"revenue\"\". Recognized & Realized If you haven't yet closed the position, your gain/loss is \"\"recognized\"\".  If you have closed the position, it's \"\"realized\"\". Recognized Capital Gains(Losses) Assuming no change in margin requirements: Margin interest should increase margin liabilities thus decrease equity and can be booked as an expense on the income statement. Margin requirements for shorts should not be booked under liabilities unless if you also book a contra-asset balancing out the equity.  Ask a new question for details on this. Realized Capital Gains(Losses) Balance Sheet Identity Concepts One of the most fundamental things to remember when it comes to the balance sheet identity is that \"\"equity\"\" is derived. If your assets increase/decrease while liabilities remain constant, your equity increases/decreases. Double Entry Accounting The most fundamental concept of double entry accounting is that debits always equal credits. Here's the beauty: if things don't add up, make a new debit/credit account to account for the imbalance.  This way, the imbalance is always accounted for and can help you chase it down later, the more specific the account label the better.\""}
{"_id": "205804", "title": "", "text": "Here at Personal Injury Claims Scotland, we can help you claim compensation if you have been involved in an accident while driving. We will help you in the entire process so you can secure maximum compensation. We will also assist in the inspection of your vehicle\u2019s damages to determine its eligibility for replacement. Visit our website at personal-injury-claims-scotland.co.uk for more details."}
{"_id": "205817", "title": "", "text": "Welcome to Money.SE. It appears there's public transportation to get you to work? And the area by your house is walkable? i.e. you and your wife can get groceries and other needs by walking. If it will take 5 years to pay the loans even without a car, how long if you get one? Will you even be able to afford the payments?  There's not enough detail here except to say that all purchases aside from true needs have a cost/reward to consider. Whatever the car's total cost is, will it add that much pleasure to your life? People in cities with great transportation save quite a bit on the expenses a car brings.  Personal anecdote - Mom lives in a city. She never drives out of the city. Ever. Between insurance, maintenance, and gas, even with low miles, she spends $3000/yr. Once per week, she drives 1500 ft (.3mi) each way to the grocery store. Once every month or 2 to a mall 6 miles away. She can walk and groceries delivered for free. In the end, she spends $250/mo for the feeling of freedom. I get that. When I am 70+, as she is, I will gladly pay car service the $20 to drive me around.  You are young, and need to sit with your partner (your wife is your partner in the business of running the family finances, or so I hope) and decide if the benefit is worth the cost. How does she take the kids to a doctor? How do you go out to dinner?"}
{"_id": "205825", "title": "", "text": "\"But you are oversimplifying economics.  1) Not everyone can be a geneticist, but most people are capable of being manufacturers, carpenters, electricians, etc. with the proper technical training. America is failing on this in two fronts: (a) we are not making it worth it for companies to keep manufacturing here in the States and (b) we are not giving our workforce the technical skills necessary. So many manufacturers are asking the question \"\"who is going to take over our retiring workforce of skilled blue collar jobs?\"\".   2) Even if we can get 40% of our work force into skilled blue collar, white collar, or professional jobs that means the other 60% are easily employable in what's called the non-basic sector, basically jobs like retail, services, residential real estate, etc, etc. The more we focus on how America can generate many higher tech jobs to compete globally (green technology anyone?) the higher the standard of living, the more luxuries we can afford that generate more jobs.  Nobody has to be dead weight except: (a) people who choose not to work, in which case they have no business receiving anything but basic food and shelter from society, (b) people who have disabilities, for which we should have programs in place.   We had full employment for many years even as our population grew. The only reason unemployment is so bad today is because America is losing many jobs to technology and globalization and not finding ways to compete and our work force can't handle many of the new jobs anyways.\""}
{"_id": "205865", "title": "", "text": "Sorry for your loss. I am not a lawyer and this isn;t legal advice -- which I am not licensed to give. But I've had to deal with some debt situations of my own. I think the worst case scenario is the creditor can get a judgment, but that won't be against you unless you were a co-signor. The collectors are going to prey on your decency to make you feel like you should pay it, but you are under no legal obligation to do so.  If they file in court and then win a judgment, they may be able to collect on the assets of the estate. You mention no money but you mention a house. That is an asset with value, and putting it in your name isn't going to do much. You should see a lawyer on this, because it seems logical that they could collect on the value of the house at the time of the death, and even if it was willed to you it can still be attacked to pay the debt.  Here is a good write-up on NJ death and debt and whether it can be inherited by the adult children: https://www.atrbklaw.com/bankruptcy-resources/83-articles/103-can-you-inherit-your-dead-parent-s-debts"}
{"_id": "205866", "title": "", "text": "He's from an extremely wealthy family. Shocker there. He was able to have the fortune to grow up right next to the one university doing shit with computers and gain exposure to something no one else had.   It's the same thing why so many actors come from wealthy families to support them failing for three years."}
{"_id": "205870", "title": "", "text": "Three major advantages that I can think of (and some of these have been pointed out in comments):"}
{"_id": "205882", "title": "", "text": "This didn't answer his question. Also, while I agree with you that the Dow is meaningless (and your explanation why). In the investment industry, we don't only focus on the S&amp;P Index.. Many have a specific benchmark they aim to outperform that matches their investment strategy (i.e. Russell Mid Cap Value, Russell 3000, etc.)."}
{"_id": "205906", "title": "", "text": "I am a real estate agent. I know you are in Canada, but will let you know that in the US, agents are not to supposed to offer this kind of advice. They can refer you to a bank or mortgage broker, but should not be giving this type of financial advice.  That said, it's a HELOC, it would be rare for your bank to be willing to just add to your mortgage at the current low rate. Still, ask the bank holding your loan.  Is the second home to rent out or a vacation/summer home for you to live in?"}
{"_id": "205922", "title": "", "text": "&gt;On Monday he declared victory, saying he had wanted since February to get reform of Horizon.  &gt;But the legislation was a far cry from the initial proposal, which would have allowed the state to use Horizon surplus to fund opioid treatment. Instead any surplus above a capped amount must go back to policyholders.  &gt;Christie said it was a win because there was no cap on surplus before he stepped in to regulate the company.  And I thought Republicans were anti-regulation."}
{"_id": "205928", "title": "", "text": "Yeah, the vehical cloud is the assumed intersection of self driving cars and the direction most businesses are heading: subscription models. No one needs to own a car, you need transportation. Cars are really expensive and for most people, they sit around idle more than 50% of the time. That's where Uber has come in (right now). But once we get self driving cars, companies are likely going to move to a subscription model, whereas you pay $xx.xx per month and you get x number of transportation miles per month....or however they set up billing. But youll request a car when you need one, and much like Uber it will arrive.   The question is, who will dominate this space. Uber has already told Tesla they'll buy self driving cars. Google has been working on self driving cars, Apple has been working on self driving cars. They're all trying to get into the space. But someone has to build all these cars. Ford's repositioned themselves as a transportation technology company. They can see this shift happening and trying to participate when it does."}
{"_id": "205936", "title": "", "text": "I'm talking about dispersal of assets in general,  not your straw man. If you refer back to my original post workers,  executives, and  creditors are mentioned.  Executives commonly get good payouts from these things.  Yes I feel more than qualified as I have a passing familiarity with the obvious that seems to have eluded you."}
{"_id": "205946", "title": "", "text": "Some questions: Will you need a car after 18 months?  What are you going to do then? How likely are you able to go over the mileage? Granted paying $300 per month seems somewhat attractive as a fixed cost.  However lease are notorious for forcing people into making bad decisions.  If your car is over miles, or there is some slight damage (even normal wear and tear), or you customize your car (such as window tint) the dealer can demand extra dollars or force you to purchase the car for more than it is actually worth.   The bottom line is leasing is one of the most expensive ways to own a vehicle, and while you have a great income you have a poor net worth.  So yes I would say it is somewhat irresponsible for you to own a vehicle. If I was in your shoes, I would cut my gym expenses, cut my retirement contributions to the match, and buy another used car.  I understand you may have some burnout over your last car, but it is the best mathematical choice. Having said all that you have a great income and you can absorb a lot of less than efficient decisions.  You will probably be okay leasing the car.  I would suggest going for a longer term, or cutting something to pay off the student loans earlier.  This way there is some cushion between when the lease ends and the student loan ends.   This way, when lease turn in comes, you will have some room in your budget to pay some fees as you won't have your student loan payment (assuming around 1400/month) that you can then pay to the dealer."}
{"_id": "205961", "title": "", "text": "Mua ph\u1ee5 ki\u1ec7n t\u1ee7 b\u1ebfp inox \u1edf \u0111\u00e2u t\u1ea1i h\u00e0 n\u1ed9i n\u00f3 \u0111ang l\u00e0 m\u1ed9t trong nh\u1eefng v\u1ea5n \u0111\u1ec1 g\u00e2y kh\u00e1 nhi\u1ec1u s\u1ef1 \u0111au \u0111\u1ea7u cho c\u00e1c gia ch\u1ee7, vi\u1ec7c t\u00ecm \u0111\u01b0\u1ee3c m\u1ed9t nh\u00e0 ph\u00e2n ph\u1ed1i s\u1ea3n ph\u1ea9m ch\u1ea5t l\u01b0\u1ee3ng t\u1ed1t, gi\u00e1 th\u00e0nh ph\u00f9 h\u1ee3p l\u00e0 v\u1ea5n \u0111\u1ec1 \u0111\u01b0\u1ee3c r\u1ea5t nhi\u1ec1u ng\u01b0\u1eddi quan t\u00e2m \u0111\u1ebfn."}
{"_id": "205984", "title": "", "text": "Check the employee-friends-and-family sales contract, which your friend should be able to get quite easily. There is almost always a minimum holding period before resale clause, specifically to prevent this kind of scenario. Without that clause, the dealers tend to riot... Also, remember that a car loses a huge percentage of its value the moment it leaves the lot. Odds are that you'd be doing well to find someone willing to buy it from you at the discounted price. If you don't want this car, ask your friend not to buy it and get one you do want. Seriously."}
{"_id": "205989", "title": "", "text": "\"They're well known but not everyone prefers that style. To each their own though. My favorite it authentic Italian style out of a brick oven.   So, what about \"\"Empire State Pizza\"\", \"\"NY Zaa\"\", \"\"Big Apple Pizza\"\", \"\"Big City Pizza\"\", \"\"Broadway Pizzeria\"\"? We have a Johnny's New York Pizza around here somewhere (Atlanta), never been there in the 16 years I have lived here but have heard its good. Once the name becomes familiar through advertising, marketing and word if mouth, the name will quickly become known for your style pizza. Best of luck to you!\""}
{"_id": "205992", "title": "", "text": "&gt;The USA and China are about as close as siamese twins when it comes to preserving the dollar's value.  The dollar should float in reflection to the strength of America's economy. I am not concerned with artificially strengthening the dollar's value. China artificially increases the dollar's value by soft pegging the yuan to the dollar through purchases of currency reserves. I do like that they are inextricably linked to the US economically, so tensions can't escalate. I'd rather not have them able to use the debt as a bargaining chip though."}
{"_id": "205996", "title": "", "text": "But that's the problem, right? You setup a store on Amazon and then they dictate terms that screw you.  Eyeballs are not cheap! WhatsApp, a company whose value is basically a user list, was sold for 17 billion. Companies are valued based on number of active users."}
{"_id": "206006", "title": "", "text": "I would just create a single liability account to represent the loan, starting with a $0 balance. Then, create a transaction in which the amount of the loan moves from the liability account into your savings account. As you pay the loan off, you'll create new transactions that move money from whichever account you're using to pay it off into your liability account."}
{"_id": "206014", "title": "", "text": "Most businesses operate at a loss for the first year or two, and reinvest all the profits for expansion for a few years after that. So higher income taxes won't affect them one bit.  &gt; I don't know why everyone focuses so much on the marginal rate of the rich, you can tax the rich 99% and you still won't have enough revenues to cover our budget deficit let alone make the investment we need in infrastructure, health, and education.  Half of all incomes goes to the top 10%. They have more than enough money to fix our infrastructure and education budgets without a negative impact on their life style.  (Note: I intentionally ommitted health care because money alone won't fix that mess.)"}
{"_id": "206025", "title": "", "text": "If you need to shop coins, you could do your personal improvement, however, this may be tricky because of even easy documentation errors fee extra. For many little employer proprietors, the high-quality picks the use of a business enterprise company, which is a fee-powerful preference to make sure your documentation is accurate and filed right away with conditions. If you're concerned in Delaware LLC with as little quotes as viable, begin with the aid of considering conditions wherein you'll include. You do no longer require work within the state you select, however it may be more reasonable for pick out your home circumstance."}
{"_id": "206056", "title": "", "text": "Funny, I can't get them to leave me the f--- alone in Electronics... there're always a half dozen guards ready to harass me if I so much as step foot in their area, and they're usually smack between me and what I'm after."}
{"_id": "206063", "title": "", "text": "My own. Could be a pair trade or outright. I take positions that i believe i can sell later. Or short them then buy back from client.  I usually have a lot of small positions and several large ones that i watch like a hawk every day all day.  I mostly trade safer big cap stocks. Banks, insurance etc. nothing too risky. No penny stocks. I hedge with etfs."}
{"_id": "206064", "title": "", "text": "\"No you brought up aluminum as an issue. I simply pointed out there is nothing unique or unusual about aluminum body panels. Insurers have known Tesla has aluminum body panels since day 1. What they did not have was sufficient statistics to determine how unsafe Teslas and their drivers are until now.   Once they had data to prove that Teslas have a substantially higher accident rate they raised insurance rates. If the accident rate was low they would not have raised the rates. The new information is not \"\"aluminum body panels\"\" but that Teslas and their drivers have a mich higher accident rate.\""}
{"_id": "206087", "title": "", "text": "She\u2019s near the Coronado neighborhood in Phoenix so it\u2019s not the best place but it\u2019s definitely rising. Property values are starting to go up and the hospital is right now the street. Her location isn\u2019t the most perfect, but when she did a survey of the neighborhood there were a ton of people saying the only thing that\u2019s missing is a health food market. The closest Whole Foods and Trader Joe\u2019s and sprouts are all pretty far away especially with traffic and she doesn\u2019t mark up her prices that high at all."}
{"_id": "206088", "title": "", "text": "Really? The guy should be tied to the giant ball on Broadway and publicly flogged with all the other bankers that still benefit from our government without doing shit to improve the economy by offering loans or dealing compassionately with underwater mortgages while reaping profits borrowing free money from the government and loaning it back to the government *with fucking interest!*"}
{"_id": "206095", "title": "", "text": "Well, if you did not vote for Hillary/Democrat, I applaud you!  I always voted for democrats: Obama twice, Al Gore (idiot), Kerry (much bigger idiot), and Bill Clinton twice.  Last election I voted for the first time for a Republican. I would not vote for the other 2 alternative from smaller parties - don't agree with them, they are idiots, and it's a waste of my vote.  Anyway, back to Trump, not my ideal for a president, he's doing very good job in many areas. Don't agree with everything he does, but the majority of what he did I agree."}
{"_id": "206101", "title": "", "text": "The problem with that is that banks create the money they lend, thus they are able to lend far more.  Individuals can only lend money that has already been created, and are at a big disadvantage.  If it weren't for the federal reserve money printing machine, it would be a viable lending scheme."}
{"_id": "206109", "title": "", "text": "maybe it would turn into an Oligopoly on it's own, but regulation as that pervasive is what I'm trying to avoid here.  I advocate Worker Co-ops as the best examples for these firms because they actually allow a sense of welfare taken up by the workers who can self provide with actual trades (and because their co-ownership allows a voluntary loophole in minimum wage laws, you get a real chance to vindicate/prove Adam Smith's theory of flexible prices and wages based on economic activity.).  With self-provided welfare, the Government can pull out of both transfer payments as well as financial regulations because these markets have become more differentiated to a diversity of opinions, so Government can step back and focus on its more important role of Researcher and Developer, which it tends to do better at than other roles.  Firms can't do this if they are breaking even, like they would in perfect competition."}
{"_id": "206114", "title": "", "text": "\"Generally, you pick the State which you're located at, because you'll have to register your LLC there in any case. In your case that would be either Colorado or Oklahoma - register as domestic in one, as foreign in the other. If your concern is anything other than mere convenience/costs - then you need to talk to a lawyer, however most State LLC laws are fairly alike (and modeled after the \"\"Uniform Limited Liability Company Act\"\". Keep in mind that most of the sites talking about \"\"forming LLC out of state\"\" are either sales sites or targeted to foreigners attempting to form a US company. All the cr@p you hear about forming in Delaware/Nevada/Wyoming - is useless and worthless for someone who's a resident of any of the US States. If you're a US resident - you will always have to register in the State you're located at and do the work at, so if you register elsewhere - you just need to register again in your home State. In your case you already span across States, so you'll have to register in two States as it is - why add the costs of registering in a third one?\""}
{"_id": "206115", "title": "", "text": "Most people don't see it that way and it may drive me to personally renounce my citizenship even though I would really prefer not to. But I also won't let the crazy over-reach of the US government threaten future financial stability and cost a crazy amount annually just to be compliant.  And yes I know about the FEIE and yes it's significantly more complicated than that for anything other than a simple employee-employer relation with minimal assets."}
{"_id": "206118", "title": "", "text": "Most of the \u201crecommendations\u201d are just total market allocations.  Within domestic stocks, the performance rotates. Sometimes large cap outperform, sometimes small cap outperform. You can see the chart here (examine year by year):  https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1428692400000&chddm=99646&chls=IntervalBasedLine&cmpto=NYSEARCA:VO;NYSEARCA:VB&cmptdms=0;0&q=NYSEARCA:VV&ntsp=0&ei=_sIqVbHYB4HDrgGA-oGoDA Conventional wisdom is to buy the entire market. If large cap currently make up 80% of the market, you would allocate 80% of domestic stocks to large cap.  Same case with International Stocks (Developed). If Japan and UK make up the largest market internationally, then so be it.  Similar case with domestic bonds, it is usually total bond market allocation in the beginning.  Then there is the question of when you want to withdraw the money. If you are withdrawing in a couple years, you do not want to expose too much to currency risks, thus you would allocate less to international markets. If you are investing for retirement, you will get the total world market.  Then there is the question of risk tolerance. Bonds are somewhat negatively correlated with Stocks. When stock dips by 5% in a month, bonds might go up by 2%. Under normal circumstances they both go upward. Bond/Stock allocation ratio is by age I\u2019m sure you knew that already.  Then there is the case of Modern portfolio theory. There will be slight adjustments to the ETF weights if it is found that adjusting them would give a smaller portfolio variance, while sacrificing small gains. You can try it yourself using Excel solver.  There is a strategy called Sector Rotation. Google it and you will find examples of overweighting the winners periodically. It is difficult to time the rotation, but Healthcare has somehow consistently outperformed. Nonetheless, those \u201crecommendations\u201d you mentioned are likely to be market allocations again.  The \u201cRobo-advisors\u201d list out every asset allocation in detail to make you feel overwhelmed and resort to using their service. In extreme cases, they can even break down the holdings to 2/3/4 digit Standard Industrial Classification codes, or break down the bond duration etc.  Some \u201cRobo-advisors\u201d would suggest you as many ETF as possible to increase trade commissions (if it isn\u2019t commission free). For example, suggesting you to buy VB, VO, VV instead a VTI."}
{"_id": "206140", "title": "", "text": "from what I learnt in au and limited to au banking system ( very much like other western countries), banks settle their transfers ( inter banks) 4pm afternoon. Those transactions are like everyday between accounts, person to person, person to vendor(not credit cards), vendors  to vendors( small businesses) etc. as for large transactions banks use check accounts( yes banks themselves have check account for each other). Check accounts are settled in three business days( ex public holidays). When large business deal with large business, they use debentures and corporate bonds which is a business IOU and using banks as mediate to settle. IOUs have up to 60 days settle periods.  Some complications unique to au banking system.  There are only 4 large banks in au and they and their subsidiaries own 99% of the assets collectively. What gets more interesting is large 4 banks owns each other. Each banks holds significant amount shares of other banks. They are like 4 brothers with different surnames. All of it is to minimise risk and share profit."}
{"_id": "206147", "title": "", "text": "Linksys smart Wi-Fi routers are very easy to setup and provide the best performance. We need smart routers as there is more and more need of fast internet access. If you need any help then you can contact the support team via live chat window."}
{"_id": "206161", "title": "", "text": "Businesses have long used some form of a traditional hierarchy structure to operate. This system involves employees reporting to supervisors, who then have their own supervisors \u2014 and so on. Most employees are accustomed to this structure. Given the rapid pace and competitive nature of the business world, companies are highly interested in innovations that will set them apart. Is fostering creativity the answer? Managers have the opportunity to take the lead and explore ways to make their workplace ideal for creative thinking and sparking innovation.   The Benefits of a Creative"}
{"_id": "206211", "title": "", "text": "China owes the white people. The fact that China didn't want to bail out a bunch of lazy entitled cheese eating surrender monkies is outrageous. After all, why wouldn't China want to recreate post opium war/boxxer rebelllion era relations with Europe?"}
{"_id": "206222", "title": "", "text": "I was also going to mention people going through savings during unemployment.  And given the unemployment figures, 28% having no emergency savings even seems low.  Purely anecdotal but I cleared through my savings a few years ago during seven months of unemployment and have several friends who did the same and/or racked up thousands in debt."}
{"_id": "206223", "title": "", "text": "Most financial guru's recommend between three and six months of savings, modified by how likely you think it is you'll lose your job.  Note that the months here are months of expenses not income. Dave Ramsey on the other hands recommends saving only $1000 until you've paid all debts (except your home).  This strategy only makes sense if you're paying off debt very aggressively. Since you have many relatively small debts, you would benefit greatly from the debt snowball (recent research shows it's more effective in practice than paying off high interest first).  As you quickly pay off the smaller loans you reduce the amount you must pay each month, reducing your risk (your emergency fund now goes that much farther), and enabling you to put more on the next debt.  In your particular case the debt snowball would be: etc.   Again, this is good because it quickly reduces your monthly required debt payments."}
{"_id": "206244", "title": "", "text": "yea, well, did you also know that federal bucks for 8 years went to an Obama fund to feed his preferred agenda com-padres?  people (like you) think the money goes into some wonderful fund, like one that reduces taxes/expenses...no, it's [government rip off money](http://fortune.com/2016/03/10/bank-mortgage-fines-wall-street/) that feeds its own interests"}
{"_id": "206258", "title": "", "text": "\"First off; I don't know of the nature of the interpersonal relationship between you and your roommate, and I don't really care, but I will say that your use of that term was a red flag to me, and it will be so to a bank; buying a home is a big deal that you normally do not undertake with just a \"\"friend\"\" or \"\"roommate\"\". \"\"Spouses\"\", \"\"business partners\"\", \"\"domestic partners\"\" etc are the types of people that go in together on a home purchase, not \"\"roommates\"\". Going \"\"halvsies\"\" on a house is not something that's easily contracted; you can't take out two primary mortgages for half the house's value each, because you can't split the house in half, so if one of you defaults that bank takes the house leaving both the other person and their bank in the lurch. Co-signing on one mortgage is possible but then you tie your credit histories together; if one of you can't make their half of the mortgage, both of you can be pursued for the full amount and both of you will see your credit tank. That's not as big a problem for two people joined in some other way (marriage/family ties) but for two \"\"friends\"\" there's just way too much risk involved. Second, I don't know what it's like in your market, but when I was buying my first house I learned very quickly that extended haggling is not really tolerated in the housing market. You're not bidding on some trade good the guy bought wholesale for fifty cents and is charging you $10 for; the seller MIGHT be breaking even on this thing. An offer that comes in low is more likely to be rejected outright as frivolous than to be countered. It's a fine line; if you offer a few hundred less than list the seller will think you're nitpicking and stay firm, while if you offer significantly less, the seller may be unable to accept that price because it means he no longer has the cash to close on his new home. REOs and bank-owned properties are often sold at a concrete asking price; the bank will not even respond to anything less, and usually will not even agree to eat closing costs. Even if it's for sale by owner, the owner may be in trouble on their own mortgage, and if they agree to a short sale and the bank gets wind (it's trivial to match a list of distressed mortgaged properties with the MLS listings), the bank can swoop in, foreclose the mortgage, take the property and kill the deal (they're the primary lienholder; you don't \"\"own\"\" your house until it's paid for), and then everybody loses. Third, housing prices in this economy, depending on market, are pretty depressed and have been for years; if you're selling right now, you are almost certainly losing thousands of dollars in cash and/or equity. Despite that, sellers, in listing their home, must offer an attractive price for the market, and so they are in the unenviable position of pricing based on what they can afford to lose. That again often means that even a seller who isn't a bank and isn't in mortgage trouble may still be losing thousands on the deal and is firm on the asking price to staunch the bleeding. Your agent can see the signs of a seller backed against a wall, and again in order for your offer to be considered in such a situation it has to be damn close to list. As far as your agent trying to talk you into offering the asking price, there's honestly not much in it for him to tell you to bid higher vs lower. A $10,000 change in price (which can easily make or break a deal) is only worth $300 to him either way. There is, on the other hand, a huge incentive for him to close the deal at any price that's in the ballpark: whether it's $365k or $375k, he's taking home around $11k in commission, so he's going to recommend an offer that will be seriously considered (from the previous points, that's going to be the asking price right now). The agent's exact motivations for advising you to offer list depend on the exact circumstances, typically centering around the time the house has been on the market and the offer history, which he has access to via his fellow agents and the MLS. The house may have just had a price drop that brings it below comparables, meaning the asking price is a great deal and will attract other offers, meaning you need to move fast. The house may have been offered on at a lower price which the seller is considering (not accepted not rejected), meaning an offer at list price will get you the house, again if you move fast. Or, the house may have been on the market for a while without a price drop, meaning the seller can go no lower but is desperate, again meaning an offer at list will get you the house. Here's a tip: virtually all offers include a \"\"buyer's option\"\". For a negotiated price (typically very small, like $100), from the moment the offer is accepted until a particular time thereafter (one week, two weeks, etc) you can say no at any time, for any reason. During this time period, you get a home inspection, and have a guy you trust look at the bones of the house, check the basic systems, and look for things that are wrong that will be expensive to fix. Never make an offer without this option written in. If your agent says to forego the option, fire him. If the seller wants you to strike the option clause, refuse, and that should be a HUGE red flag that you should rescind the offer entirely; the seller is likely trying to get rid of a house with serious issues and doesn't want a competent inspector telling you to lace up your running shoes. Another tip: depending on the pricepoint, the seller may be expecting to pay closing costs. Those are traditionally the buyer's responsibility along with the buyer's agent commission, but in the current economy, in the pricepoint for your market that attracts \"\"first-time homebuyers\"\", sellers are virtually expected to pay both of those buyer costs, because they're attracting buyers who can just barely scrape the down payment together. $375k in my home region (DFW) is a bit high to expect such a concession for that reason (usually those types of offers come in for homes at around the $100-$150k range here), but in the overall market conditions, you have a good chance of getting the seller to accept that concession if you pay list. But, that is usually an offer made up front, not a weapon kept in reserve, so I would have expected your agent to recommend that combined offer up front; list price and seller pays closing. If you offer at list you don't expect a counter, so you wouldn't keep closing costs as a card to play in that situation.\""}
{"_id": "206263", "title": "", "text": "My feeling on this is that anything to do with a child and raising a family has to be a joint effort. It is very rare that both of you will have exactly the same income, or the same time to spend into caring for your family, so work out what you can do. For us, I work 70+ hour weeks, my wife works 18 hour weeks. Far more of my money goes on clothes, kids, food etc than her money, because that is where the bulk of our income is from. It's just part of sharing - she doesn't feel dependent, and when she was on maternity leave (3 times) the agreement was that we would just rely on my income. I have the same attitude as you - it is a shared pool that you each contribute to in your own way, and once the essentials are paid for (this includes post-pregnancy clothing) then you can worry about other bits and pieces. Having said that, while most of our finances are shared, we do each keep a separate account for buying gifts, things for ourselves etc - which gives some flexibility."}
{"_id": "206265", "title": "", "text": "But sexual orientation is not a protected class in Mississippi as well as the majority of states...Again I do not agree with it but these people truly think it is a choice and is against their religion. I think it should hurt their business to make a choice to be bigoted, but why is it ok if reddit praises PayPal to do the same thing for something they believe in. It is the same case on opposite sides of the coin and should be treated the same. If you give them that kind of power because it aligns with your thoughts then you shouldn't be surprised when someone else uses the power against your alignments, ie, Bigoted ms businesses. You cannot have it both ways, either you can choose whom you do business with, or you can't."}
{"_id": "206267", "title": "", "text": "\"First, a note of my personal experience: up until a year ago, my credit lines were composed exclusively of credit cards with perfect payment histories, and my credit score is fine. If you mean that credit cards have no impact on a person's credit score until they miss a payment, that is certainly not correct. FICO's website identifies \"\"payment history\"\" as 35% of your FICO score: The first thing any lender wants to know is whether you\u2019ve paid past credit accounts on time. This is one of the most important factors in a FICO\u00ae Score. ... Credit payment history on many types of accounts Account types considered for payment history include: ... Details on late or missed payments (\"\"delinquencies\"\") and public record and collection items FICO\u00ae Scores consider: How many accounts show no late payment A good track record on most of your credit accounts will increase your FICO\u00ae Scores. Clearly, from the last item alone, we see that credit lines (a category which includes credit cards) with no late payments is a factor in computing your FICO score, and certainly other credit bureaus behave similarly. Possibly the banker was trying to explain some other point, like \"\"If you're careful not to spend more on your card than you have in the bank, you can functionally treat your credit card as a debit line,\"\" but did so in a confusing way.\""}
{"_id": "206270", "title": "", "text": "Since I am having the same question so I made couple of phone calls based on some answers above. The 1st one was TD Amertrade: They don't directly accept money from China. The 2nd one was Charles Schwab: NO FEES to accept the money from China whatsoever! Open an account is free with ACH function and more. Hope it helps for anyone who needed."}
{"_id": "206271", "title": "", "text": "&gt;\u201cThey erect this fence,\u201d he said, \u201conly to go out there a few days later and discover that these guys have a catapult, and they\u2019re flinging hundred-pound bales of marijuana over to the other side.\u201d He paused and looked at me for a second. \u201cA catapult,\u201d he repeated. \u201cWe\u2019ve got the best fence money can buy, and they counter us with a 2,500-year-old technology.\u201d  This is your government at work; instead of funding treatment programs."}
{"_id": "206277", "title": "", "text": "&gt;The correct solution is to...  I dont think there is a correct solution.  However, Id like to see major reform with financial aid recipient selection.  Right now the programs pretty effectively select the **worst** students.  it should be treated as an investment instead.  If the goal is to produce productive members of society, they should aim to produce productive members of society.  Require an essay on long term goals, career path, etc.  Look at past performance strongly (some, but not too much emphasis on HS grades, more on outside interests/activities, etc) and, most importantly, how that past performance will serve them in the field they are trying to get into.  Obviously put extra subsidies on things like education. Somebody who may be incapable of graduating with an accounting degree could still get an education degree with close to a 4.0.  If we turn too many dummies away from education, we wont have enough teachers.  Have a 30 minute interview with all of the finalists to determine their chances of having a positive return on society (through taxes paid over their lives, value added to the community, etc) and decide from there.  Make sure to focus on people with a passion for their industry.  Parental income should have almost no impact except for the ultra rich whose parents bring home an income of half a mil or something like that.  Edit:  I forgot to make this post relevant to the OP.  The schools that people are applying to should be a major factor.  Dont waste money sending people to schools that are a bad match (for profit schools, schools without a strong program in their intended degree).  Also, put a lot of negative emphasis on things like art majors.  There is no reason for the gov't to send some idiot to art school if they arent an absolute star.  I go to a lib art school and I dont know a single art or theater major that has found more success through attending a 4 year program than they could have just using those 4 years to improve themselves and to hunt down their (pipe)dream job."}
{"_id": "206285", "title": "", "text": "\"First off, I highly recommend the book Get a Financial Life.  The basics of personal finance and money management are pretty straightforward, and this book does a great job with it.  It is very light reading, and it really geared for the young person starting their career.  It isn't the most current book (pre real-estate boom), but the recommendations in the book are still sound.  (update 8/28/2012: New edition of the book came out.) Now, with that out of the way, there's really two kinds of \"\"investing\"\" to think about: For most individuals, it is best to take care of #1 first.  Most people shouldn't even think about #2 until they have fully funded their retirement accounts, established an emergency fund, and gotten their debt under control. There are lots of financial incentives for retirement investing, both from your employer, and the government.  All the more reason to take care of #1 before #2! Your employer probably offers some kind of 401k (or equivalent, like a 403b) with a company-provided match.  This is a potential 100% return on your investment after the vesting period.  No investment you make on your own will ever match that.  Additionally, there are tax advantages to contributing to the 401k.  (The money you contribute doesn't count as taxable income.) The best way to start investing is to learn about your employer's retirement plan, and contribute enough to fully utilize the employer matching. Beyond this, there are also Individual Retirement Accounts (IRAs) you can open to contribute money to on your own.  You should open one of these and start contributing, but only after you have fully utilized the employer matching with the 401k.  The IRA won't give you that 100% ROI that the 401k will. Keep in mind that retirement investments are pretty much \"\"walled off\"\" from your day-to-day financial life.  Money that goes into a retirement account generally can't be touched until retirement age, unless you want to pay lots of taxes and penalties.  You generally don't want to put the money for your house down payment into a retirement account. One other thing to note:  Your 401K and your IRA is an account that you put money into.  Just because the money is sitting in the account doesn't necessarily mean it is invested.  You put the money into this account, and then you use this money for investments.  How you invest the retirement money is a topic unto itself.  Here is a good starting point.  If you want to ask questions about retirement portfolios, it is probably worth posting a new question.\""}
{"_id": "206298", "title": "", "text": "Your question is actually quite broad, so will try to split it into it's key parts: Yes, standard bank ISAs pay very poor rates of interest at the moment. They are however basically risk free and should track inflation.  Any investment in the 6-7% return range at the moment will be linked to stock. Stock always carries large risks (~50% swings in capital are pretty standard in the short run. In the long run it generally beats every other asset class by miles). If you can\u2019t handle those types of short terms swings, you shouldn\u2019t get involved. If you do want to invest in stock, there is a hefty ignorance tax waiting at every corner in terms of how brokers construct their fees. In a nutshell, there is a different best value broker in the UK for virtually every band of capital, and they make their money through people signing up when they are in range x, and not moving their money when they reach band y; or just having a large marketing budget and screwing you from the start (Nutmeg at ~1% a year is def in this category). There isn't much of an obvious way around this if you are adamant you don't want to learn about it - the way the market is constructed is just a total predatory minefield for the complete novice. There are middle ground style investments between the two extremes you are looking at: bonds, bond funds and mixes of bonds and small amounts of stock (such as the Vanguard income or Conservative Growth funds outlined here), can return more than savings accounts with less risk than stocks, but again its a very diverse field that's hard to give specific advice about without knowing more about what your risk tolerance, timelines and aims are. If you do go down this (or the pure stock fund) route, it will need to be purchased via a broker in an ISA wrapper. The broker charges a platform fee, the fund charges a fund fee. In both cases you want these as low as possible. The Telegraph has a good heat map for the best value ISA platform providers by capital range here. Fund fees are always in the key investor document (KIID), under 'ongoing charges'."}
{"_id": "206313", "title": "", "text": "I would say you should invest in the market that is more convenient for you, bearing in mind that if you buy ADRs you may have some things to keep an eye on depending on certain events as mentioned by duffbeer703. So, if you are investing with an account in the U.S., go with the ADRs as that will avoid some currency conversion hassles and possible exchange rate issues.  I am not certain, but I have a feeling that would also make it easier for you to keep the taxman happy."}
{"_id": "206323", "title": "", "text": "Once baby boomers retire on larger and larger numbers there's not enough kids in 'z' to replace them. Millenials will still benefit from that. Gen X only a decade or so behind the last of the boomers towards retirement...not so much."}
{"_id": "206342", "title": "", "text": "While the issuer of the security such as a stock or bond not the short is responsible for the credit risk, the issuer and the short of a derivative is one. In all cases, it is more than likely that a trader is owed securities by an agent such as a broker or exchange or clearinghouse. Legally, only the Options Clearing Corporation clears openly traded options.  With stocks and bonds, brokerages can clear with each other if approved. While a trader is expected to fund margin, the legal responsibility is shared by all in the agent chain.  Clearinghouses are liable to exchanges.  Exchanges are liable to members.  Traders are liable to brokerages.  Both ways and so on. Clearinghouses are usually ultimately liable for counterparty risk to the long counterparty, and the short counterparty is ultimately liable to the clearinghouse. Clearinghouses are not responsible for the credit risk of stocks and bonds because the issuers are not short those securities on the exchange, thus no margin is required.  Credit risk for stocks and bonds is mitigated away from the clearing process."}
{"_id": "206346", "title": "", "text": "[It's so well-known that the ACA will contain costs relative to doing nothing that it's almost not worth citing a source.](http://www.nejm.org/doi/full/10.1056/NEJMp1006571)  Edited: That came off snarky. I don't want to ignore the importance of long-run cost containment in health expenditures. But instead of raising costs, the ACA is really just a small but important first step in cost containment.   More sources: [Affordable Care Act: Implementing Medicare Cost Savings](http://www.cms.gov/apps/docs/ACA-Update-Implementing-Medicare-Costs-Savings.pdf)  [The Affordable Care Act Will Bring Down Costs](http://www.healthcare.gov/blog/2011/08/bringingdowncosts082911.html)  [Only the First Step in Containing Healthcare Costs](http://www.nytimes.com/2012/07/22/business/health-care-law-and-cost-containment-economic-view.html)"}
{"_id": "206350", "title": "", "text": "\"The formula for standard deviation is fairly simple in both the discrete and continuous cases. It's mostly safe to use the discrete case when working with adjusted closing prices. Once you've calculated the standard deviation for a given time period, the next task (in the simplest case) is to calculate the mean of that same period. This allows you to roughly approximate the distribution, which can give you all sorts of testable hypotheses. Two standard deviations (\u03c3) away from the mean (\u03bc) is given by:  It doesn't make any sense to talk about \"\"two standard deviations away from the price\"\" unless that price is the mean or some other statistic for a given time period. Normally you would look at how far the price is from the mean, e.g. does the price fall two or three standard deviations away from the mean or some other technical indicator like the Average True Range (an exponential moving average of the True Range), some support level, another security, etc.  For most of this answer, I'll assume we're using the mean for the chosen time period as a base. However, the answer is still more complicated than many people realize. As I said before, to calculate the standard deviation, you need to decide on a time period. For example, you could use S&P 500 data from Yahoo Finance and calculate the standard deviation for all adjusted closing prices since January 3, 1950. Downloading the data into Stata and applying the summarize command gives me: As you can probably see, however, these numbers don't make much sense. Looking at the data, we can see that the S&P 500 hasn't traded close to 424.4896 since November 1992. Clearly, we can't assume that this mean and standard deviation as representative of current market conditions. Furthermore, these numbers would imply that the S&P 500 is currently trading at almost three standard deviations away from its mean, which for many distribution is a highly improbable event. The Great Recession, quantitative easing, etc. may have changed the market significantly, but not to such a great extent.  The problem arises from the fact that security prices are usually non-stationary.. This means that the underlying distribution from which security prices are \"\"drawn\"\" shifts through time and space. For example, prices could be normally distributed in the 50's, then gamma distributed in the 60's because of a shock, then normally distributed again in the 70's. This implies that calculating summary statistics, e.g. mean, standard deviation, etc. are essentially meaningless for time periods in which prices could follow multiple distributions.  For this and other reasons, it's standard practice to look at the standard deviation of returns or differences instead of prices. I covered in detail the reasons for this and various procedures to use in another answer. In short, you can calculate the first difference for each period, which is merely the difference between the closing price of that period and the closing price of the previous period. This will usually give you a stationary process, from which you can obtain more meaningful values of the standard deviation, mean, etc.  Let's use the S&P500 as an example again. This time, however, I'm only using data from 1990 onwards, for the sake of simplicity (and to make the graphs a bit more manageable). The summary statistics look like this: and the graph looks like this; the mean is the central horizontal red line, and the top and bottom lines indicate one standard deviation above and below the mean, respectively.   As you can see, the graph seems to indicate that there were long periods in which the index was priced well outside this range. Although this could be the case, the graph definitely exhibits a trend, along with some seemingly exogenous shocks (see my linked answer).  Taking the first difference, however, yields these summary statistics: with a graph like this:  This looks a lot more reasonable. In periods of recession, the price appears much more volatile, and it breaches the +/- one standard deviation lines indicated on the graph.  This is only a simple summary, but using first differencing as part of the wider process of detrending/decomposing a time series is a good first step.  For some technical indicators, however, stationary isn't as relevant. This is the case for some types of moving averages and their associated indicators. Take Bollinger bands for instance. These are technical indicators that show a number of standard deviations above and below a moving average. Like any calculation of standard deviation, moving average, statistic, etc. they require data over a specified time period. The analyst chooses a certain number of historical periods, e.g. 20, and calculates the moving average for that many previous periods and the moving/rolling standard deviation for those same periods as well. The Bollinger bands represent the values a certain number of standard deviations away from the moving average at a given point in time. At this given point, you can calculate the value two standard deviations \"\"away from the value,\"\" but doing so still requires the historical stock price (or at least the historical moving average). If you're only given the price in isolation, you're out of luck.  Moving averages can indirectly sidestep some of the issues of stationarity I described above because it's straightforward to estimate a time series with a process built from a moving average (specifically, an auto-regressive moving average process) but the econometrics of time series is a topic for another day.  The Stata code I used to generate the graphs and summary statistics:\""}
{"_id": "206365", "title": "", "text": "It still has its moments. A couple of years ago I went to Lowe's to get pricing on two new vanities. They sent out someone to measure and that person called first so I had their phone number. I reverse searched it, found the name of the subcontractor, looked them up on the BBB and saw that they had an F.   I brought this up to Lowe's. The person I spoke with there was not aware of which century we were living in, had no idea how easy it was to reverse search. Lots of 'we take this situation very seriously' bs. It was an enlightening bit of info for me, learning how dependable Lowe's contractors are.  However, for the most part, I agree that the BBB is useless."}
{"_id": "206368", "title": "", "text": ""}
{"_id": "206375", "title": "", "text": "To anyone who has doubts about this type of service, or is curious about it, I've used it before using Spirit Airlines. I actually lucked out by using mine, because apparently this Airline likes to charge people carry-ons ($40!) and since I self checked myself, I didn't pay for my laptop bag, and my duffle bag.  However, my friends who were on the same flight didn't use the self check out (they arrived at a different time btw) did have to pay for their additional bag.  Also, it only took about 3 minutes, then I was in line to have my balls felt up."}
{"_id": "206377", "title": "", "text": "\"Options are generally viewed as having two types of value: \"\"Intrinsic value\"\" and \"\"time value.\"\"  The intrinsic value is based on the difference between the strike price on the option and the spot price of the underlying.  The time value is based on the volatility of the underlying and the amount of time left until expiration.  As the days pass toward expiration, the time value generally decreases, and the intrinsic value may move up or down depending on the spot price of the underlying. (In theory, time value could increase at some points if the volatility is also rising.) In your case, it looks like the time value is decreasing faster than the intrinsic value is increasing. This may happen because the volatility is also going down (as suggested in the answer by CQM) or may just happen because the time to expiration is getting shorter at equal volatility. As noted by DumbCoder in a comment to the original question, the Black-Scholes formula will give you more analytical insight into this if you're interested.\""}
{"_id": "206388", "title": "", "text": "D\u00e9cor Enterprise is one such radiant concern whose presence in this circle is a bona fide blessing to the supporters. We offer the most amazing nature of false roof, enriching roof and gypsum board plans in Kolkata as indicated by the tastes and needs of our customers."}
{"_id": "206409", "title": "", "text": "If they had told me that I owe them $10,000 from 3 years ago, I   wouldn't have anything to fight back. Why? First thing you have to do is ask for a proof. Have you received treatment? Have you signed the bill when you were done? This should include all the information about what you got and how much you agreed to pay. Do they have that to show to you, with your signature on it? If they don't - you owe nothing. If they do - you can match your bank/credit card/insurance records (those are kept for 7 years at least) and see what has been paid already. Can a doctor's office do that? They can do whatever they want. The right question is whether a doctor's office is allowed to do that. Check your local laws, States regulate the medical profession. Is there a statute of limitation (I'm just guessing) that forces them   to notify me in a certain time frame? Statute of limitations limits their ability to sue you successfully. They can always sue you, but if the statute of limitations has passed, the court will throw the suite away (provided you bring this defense up on time of course). Without a judgement they cannot force you to pay them, they can only ask. Nicely, as the law quoted by MrChrister mandates. They can trash your credit report and send the bill to collections though, but if the statute of limitations has passed I doubt they'd do that. Especially if its their fault. I'm not a lawyer, and you should consult with a lawyer licensed in your jurisdiction for definitive answers and legal advice."}
{"_id": "206415", "title": "", "text": "70 isn't all that bad. And being a fund manager at a top fund is not the highest paying job per se. What's critical is to be a partner, or found your own fund, or have some ownership stake. There are sales people and lawyers who make more than PMs because they own/run the firm.   And I would say it's impossible to do anything in finance anymore without a degree."}
{"_id": "206431", "title": "", "text": "I know an answer has been accepted, but you need an emergency fund, ideally enough to cover at least 3 months of after-tax basic living expenses. As a free-lancer, 6 months would be even better. This isn't a fun way to tie up your money, but it is a prudent way. What if you lose your job, or decide you want to change your line of work? What if you're told a close family member has only months to live and you want to take significant time off unpaid? What if your car breaks down and you need a new one? What if your freelance business hits a dry patch for a few months? What if you want to move but can't sell your next house quickly? I've known people who had these types of situations come up unexpectedly. Some were financially prepared and had the freedom to make the choices they wanted to make, others didn't and now have regrets. Once you have a basic emergency fund in place, then go for investing with the rest of the money. Best of luck!"}
{"_id": "206442", "title": "", "text": "\"It is important to remember that the stock price in principle reflects the value of the company, so the market cap should drop upon issuance of the the dividend. However, the above reasoning neglects to consider taxes, which make the question a bit more interesting. The key fact is that different investors are going to get taxed on the dividend to varying degrees, ranging from 20% for qualified dividends in the USA for a high-income individual in a taxable account (and even worse for non-qualified dividends) to 0% for tax-exempt nonprofits, retirement accounts, and low-income individuals. The high-tax investors are going to be a bit averse to paying tax on that dividend, whereas the tax-free investors are not. Hence in a tax-rational market the tax-free investors are going to be the ones buying right before a dividend and the tax-paying investors will be buying right afterwards. Tax-exempt investors could in principle make some amount of money buying dividends to keep them off the tax-paying investors' books.  (Of course, the strategy could backfire if too many people did it all at once.) That said, the tax-payers have the tax disincentive to prevent them from fully exploiting the opposite strategy of selling just before a dividend.  In particular, they are subject to capital gains tax when they sell at a profit (unless they have enough compensating capital losses), and it is to their after-tax profit to defer taxation by not trading. That said, the stock market has well-known irrationality when it comes to considering tax consequences, so logic based on assumed rationality of the market does not always apply to the extent one would expect.   The foremost example of tax-irrationality is the so-called \"\"dividend paradox\"\", which basically states that corporations should favor stock buybacks (or perhaps loan repayment) to the complete exclusion of dividends because capital gains are taxed less harshly than dividends in a variety of ways, some of which are subtle: 1) Historically (although not currently in the USA for qualified dividends) the tax rate was higher for dividends.  (In Canada, for example, dividends are taxed at twice the rate of capital gains.) 2) If you die holding appreciated stock then you (meaning your heirs) completely escape US the capital gains tax on the accrual during your lifetime. 3) Capital gains tax can be deferred by simply not selling.  In comparison to dividends, this is roughly equivalent to getting a tax-free loan from the government which is invested for profit and paid at a later date after inflation has eaten away at the real value of the loan.  For example, if all your stock investments increase by 10%/year but you sell every year, in a high-tax bracket situation you're total after-tax return will be only 8% per year.  In contrast, if you hold the same investments for many many years and then sell, your total return will be nearly 10% per year, because you only pay 20% once (at the end). 4) A capital gain can often be neutralized by a capital loss in another stock, so that no tax results.  If you loose money on a stock that is paying dividends, you're still going to have to pay tax on that dividend.  There are companies that borrow money to pay out that taxable-dividend each quarter, which seems like gross tax malpractice on the part of the CFO. (If the dividend paradox doesn't make sense, first consider the case that you owned ALL the shares of a company.  It wouldn't matter to you at all on a pre-tax basis whether you got a $1000 company buyback or a $1000 dividend, because after the buyback/dividend you'd still own the entire company and $1000.  The number of shares would be reduced, but objecting that you owned fewer shares after the buyback would be like saying you have become shorter if your height is measured in inches rather than centimeters.) [Of course, in the case of many shareholders you can get burned by failing to sell into the buyback when the share price is too high, but that is another matter.]\""}
{"_id": "206443", "title": "", "text": "Or, because for the first time in forever, natural gas is truly competing with oil.  Auto producers are starting to make cars and trucks that will run on NG, not gasoline or diesel, because NG is so plentiful and cheap now."}
{"_id": "206444", "title": "", "text": "Investment is very uncertain, so I believe that unless you have loads of money, you should not play around with houses for the sole purpose of investing. Here are the questions which I would consider to judge the situation. Note that this is based on the current situation in The Netherlands Income: Your income is 1800 a month nett, which means your gross annual income should be somewhere below 28500. Allowed mortgage amount: Your maximum morgage amount is then roughly 135000 Is it expensive?: Given your maximum morgage, buying a 200k appartment would consume pretty much all your cash. There is some cost of buying the appartment, so basically if you buy it, you will not have much cash to decorate or deal with unforseen maintenance. If you are conservative, I would say that buying a 175k appartment is financially much more relaxing in your situation. What will be the monthly expense?: Monthly mortgage payments will be about 450~500. So your cashflow will suffer a bit.  The amount you actually 'burn' on interest in the early months is about 180 nett (assuming an interest rate just below 2% and tax deductions). There will be additional costs (more heating, long term maintenance etc.) so overall the amount of money you burn will be close to the amount of money you burn on rent. Of course over time there will be less interest, so this should go down. Value change: The value may go up or down, in the very long term I would bet on it going up, but on the short or medium term it is quite uncertain. If you may live there for less than a decade, value change is more of a risk than a benefit. Break even point: As you mention that you will buy a house for 200k, I will assume it is not in the heart of a major city, and that renting it out may not be very attractive. However, I will also assume that it is not the middle of nowhere, and that it will only take a reasonable amount of time to sell the house. So if you want to move out, you will probably sell it at a reasonable price. In this case a rule of thumb is that living in an affordable house is usually a good idea when you live there for more than 5 years. (Is it likely that you will find a partner in this period of time, and will you live at your place then, or somewhere else?) Buying a 200k appartment would leave you completely cashless after you move in, something I would not recommend unless you can depend on your parents for instance to 'bridge the gap' when your cashflow dries up. From a monthly expense point of view you are probably going to be OK, as long as you survive the short run. And financially it only makes sense if you are going to live there for a while, and are fairly confident in your position in the labour market. I would personally recommend you to think hard on your family situation, and only buy a house if it leaves you with some cash in your pocket."}
{"_id": "206449", "title": "", "text": "At the moment, you are paying about $1,300 interest each month (\u00a3431k @ 3.625% / 12) on your mortgage and repaying capital at about $1,500 per month. Paying $11,000 off your mortgage would save you about $9,000 as it is reduces your balance by about seven monthly capital repayments: but you will only see this benefit at the end of the mortgage because you will pay it off seven months earlier. There is only about $1,000 interest remaining on your car loans. Paying the $11,000 off your interest free loan then paying extra agianst the interest bearing loan brings that down to $500 and paying it off your interest bearing loan brings it down to $200. Either way, both car loans would be finished by early 2018. In summary, if you use the $11,000 against your car loans, you will save $8,500-$8,800 less than paying it off the mortage, but you will have no car loans in one year rather than three. Google spreadsheet for calculations here."}
{"_id": "206455", "title": "", "text": "For a business like a coffee shop, hosting groups can be a good way to get people in the door. However that really takes a full on coffee shop, I'm not sure it would work for a grocery store that also sells some coffee."}
{"_id": "206466", "title": "", "text": "Businesses are only required to keep receipts over $751. However for individuals, I would throw them all in a shoebox and not worry about organizing them.  There's a small chance you'll need to go through them during an audit, and you can worry about reconciling all of them and putting them in order at that point.  Just write 2010 on the box and keep it somewhere easy, and at the end of the year throw it in your basement (or get a scanner, and scan and trash the original)."}
{"_id": "206473", "title": "", "text": "Am I the only one who thinks that AC is NOT a dump? I haven't spent too much time there and I do know there is a huge part of the city that are made up of crime filled slums but in regards to the beaches, boardwalk, etc. I've lived in NJ my entire life and went to the boardwalk the other day (for the very first time) because I keep hearing about how AC is falling apart, etc. I was SHOCKED. The bars were jam packed, the boardwalk had thousands upon thousands of people on it and the casino's didn't have an empty seat at 11am. What am I missing here?"}
{"_id": "206483", "title": "", "text": "Technically, the answer is no, you can't put more money in to that ISA in that tax year once you've transferred it (unless you've transferred it to a Stocks and Shares ISA). FAQs 7 and 8 from http://www.hmrc.gov.uk/isa/faqs.htm cover these cases: Q. I have transferred current year payments to my cash ISA to a stocks   and shares ISA, can I make any further payments to a cash ISA in this   tax year? A. Yes - provided you haven't already used up your annual ISA   investment allowance (\u00a311,520 in the tax year 2013-14). When you transfer current year payments to your cash ISA to a stocks   and shares ISA it is as if that cash ISA had never existed. Any money   you saved up to the date of transfer will be treated as if you had   invested that money directly in the stocks and shares ISA. For example, if you had put \u00a32,000 in a cash ISA and then transferred   it to a stocks and shares ISA you would be able to make further   payments totalling \u00a39,520 in that tax year. You could either put all   of the \u00a39,520 in the stocks and shares ISA or you could put up to   \u00a35,760 in a cash ISA (with the same or a different ISA manager) and   the remainder of the \u00a39,520 in the stocks and shares ISA.  Q. How many ISAs can I have? A. There are limits on the number of ISA accounts you can subscribe to   each tax year. You can only put money into one cash ISA and one stocks   and shares ISA. But in different years, you could choose to save with different   managers. There are no limits on the number of different ISAs you can   hold over time. However, in practice, if you transfer mid-year from Provider A to Provider B, Provider B has no way of telling whether you have already put money in to the ISA with Provider A that year or not, so you will be able to put more money in.  I believe that ISA providers do report their subscriptions back to HMRC so they can check for multiple subscriptions (over the limit) in one tax year; but in the past, I have done exactly what you describe and it has never been picked up in any way or caused any problem at all. As long as you stick to total subscriptions within the limit, I'd guess you're unlikely to encounter a problem. (Of course I am not a financial advisor so you should take what I say with the same pinch of salt as you would take any other random advice from the internet)."}
{"_id": "206491", "title": "", "text": "The market bubbled, surging after Trump's immediate election, because traders anticipated regulatory reductions (allowing companies to externalize their operating expenses) and business giveaways. Now, they're adjusting their expectations and positions, since Trump is simply not as efficient as doing the anticipated things as they would like. He's mired in scandals instead.   Of course, this goes without saying, the significant growth you have referenced is not derived from Trump's actual policies. It's derived from market reactions to his take-over. It's fairly logical that an anticipated giveaway to the business sector would facilitate quick, unsustainable growth. I'm sorry you're having to reconcile that with your belief that Donald is some kind of economic wunderkind, but he's had less time to affect things than W. had before 911 and I bet you think that security failure was really attributable to Clinton."}
{"_id": "206494", "title": "", "text": "&gt;People don't think critically about what they're getting for the money- they just see a huge check written weekly.   In at least a few industries, the people have a point about the product. Huge amounts of that money disappears into a black hole of government and administration at exorbant costs.  Let's look at medical education for example. It's completely unnecessary for doctors to get a bachelor's, but they have to anyway because AAMC requires it. Then, they have to attend a four-year medical school, at least half of which could be done at home with $2,000 worth of E-books and computer programs. The end result is about $150,000 of utterly unnecessary loans and subsidies per doctor.  After medical education, there's medical practice, which is anything but efficient.  Let's look at taxis. For decades, supply was artifically restricted by the medallion system. You know what happened next.  Construction. I don't even want to talk about this one - it's *that* bad.   We *do* have an enormous problem of *extremely* inflated costs in many, many upstream industries. Daycare is absolutely one of them."}
{"_id": "206505", "title": "", "text": "Regardless of how long the mortgage has left, the return you get on prepayments is identical to the mortgage rate. (What happens on your tax return is a different matter.) It's easier to get a decent financial calculator (The TI BA-35 is my favorite) than to construct spreadsheets which may or may not contain equation errors. When I duplicate John's numbers, $100K mortgage, 4% rate, I get a 60 mo remaining balance of 90,447.51 and with $50 extra, $87132.56, a diff of $3314.95. $314.95 return on the $3000. $315 over 5yrs is $63/yr, over an average $1500 put in, 63/1500 = 4.2%.  Of course the simple math of just averaging the payment creates that .2% error. A 60 payment $50 returning $314.95 produces 4.000%. @Peter K - with all due respect, there's nothing for me about time value of money calculations that can be counter-intuitive. While I like playing with spreadsheets, the first thing I do is run a few scenarios and double check using the calculator. Your updated sheet is now at 3.76%? A time vaule of money calculation should not have rounding errors that larger. It's larger than my back of envelope calculation.  @Kaushik - if you don't need the money, and would buy a CD at the rate of your mortgage, then pay early. Nothing wrong with that."}
{"_id": "206527", "title": "", "text": "See the FX section of the quantitative finance SE data wiki."}
{"_id": "206533", "title": "", "text": "So America puts its cost of emissions right into the tax on a gallon of gas instead waiting to tax until you buy a certain amount of gas.  My point is, This  is almost exactly like the Cap &amp; Trade policy Obama wanted to pass about a year ago.  America is up in arms when they have to pay another Cap &amp; Trade tax in another country when they are on their soil but when we want to Cap &amp; Trade here its OK because its all for the environment.  Also I don't like Environmentalist at all so I don't support any emissions taxes."}
{"_id": "206534", "title": "", "text": "So if it's a bridge loan they need a lot of money now to keep the trains running but expect to get the actual loan they need in the future at which point they pay off the bridge loan ideally after not having to make too many coupon payments. That's what it sounds like to me.  Scenario: I am building a large development, my main funding source is kaput for whatever reason, I need money now to make payroll, buy fuel, pay for that shipment of supplies etc, I don't have time to secure the huge loan I need in the future for the rest of the project so I get a loan to cover me until I secure that deal and put my building site as collateral against it, I get the full funding, pay off the bond in full and move on with the project."}
{"_id": "206536", "title": "", "text": "What I really worry about, are some of the populist ideas of raising payroll taxes for the employer's only... Such as what was on the Sanders universal healthcare proposal one he was running... I don't want to say Warren has proposed similar"}
{"_id": "206544", "title": "", "text": "\"Money is a commodity like any other, and loans are a way to \"\"buy\"\" money. Like any other financial decision, you need to weigh the costs against the benefits. To me, I'm happy to take advantage of a 0% for six months or a modest 5-6% rate to make \"\"capital\"\" purchases of stuff, especially for major purchases. For example, I took out a 5.5% loan to put a roof on my home a few years ago, although I had the money to make the purchase.  Why did I borrow? Selling assets to buy the roof would require me to sell investments, pay taxes and spend a bunch of time computing them. I don't believe in borrowing money to invest, as I don't have enough borrowing capacity for it to me worth the risk. Feels too much like gambling vs. investing from my point of view.\""}
{"_id": "206548", "title": "", "text": "&gt; There are plenty of reasons to vote against the GOP (as there are many to vote against Obama), but this surly is not one of those reasons.  I honestly don't see why not. People vote for/against presidents over dumber things. Laying off Americans is a good enough reason to dislike the guy, and ultimately not vote for him. That's how he made his fortune, there is a price to pay."}
{"_id": "206556", "title": "", "text": "\"Every investment comes with a risk. There is also a bit of speculation involved. In there is an anticipation that one expects the value to go up in normal course of events. By your definition \"\"If I buy this equipment, I could produce more widgets, or sell more widgets,\"\" as an investment. Here again there is an anticipation that the widgets you sell will give you more return. If you are investing in stock/share, you are essentially holding a small portion of value in company and to that extent you are owining some equipment that is producing some widget .... Hence when you are purchasing Stocks, it would be looked as investment if you have done your home work and have a good plan of how you want to invest along with weiging the risk involved. However if you are investing only for the purpose of making quick bucks following so called hot tips, then you are not investing but speculating.\""}
{"_id": "206557", "title": "", "text": "The last two big ones actually were kind of gradual. For example, S&amp;P was already at 18% drawdown beginning of September 2008 before it went down the cliff. (Not sure if you specifically meant the initial corrections only, rather than full-blown bear markets)."}
{"_id": "206575", "title": "", "text": "Or you know maybe the EU could have stayed out of the Ukraine in the first place.  Trying to draw the Ukraine into the EU is the equivalent of China getting Canada to agree to lease a few military bases on Canadian soil to them.  There is absolutely no chance in hell the U.S. will sit by and let that happen without serious consequences.  Perhaps Western Europe should take responsibility for the shit they started in the first place when they proposed that trade pact with the Ukraine.  Because now any free country in Eastern Europe that is anywhere close to Russia is worried about paying the consequences and running to the only major power that looks like it actually gives a shit about standing up to the Russians.    After 10 years in Iraq and Afghanistan Americans really don't want to get into another shooting war.  We have enough on our hands keeping China at bay.  It's the EU that grossly under estimated the Russian response and can't get its shit together without U.S. help to form a coherent strategy to counteract Russian aggression.  There is a lot of injustice and conflict in this world that you can blame us Americans for.  But this shit in the Ukraine is not one of them."}
{"_id": "206580", "title": "", "text": "Inflation data is a general barometer for inflation that a typical consumer would experience.  Generally when calculating inflation for yourself you would only include items that you use and in percentages of your budget.   Personal inflation is much more useful when attempting to calculate safe withdrawal rates or projections into the future."}
{"_id": "206597", "title": "", "text": "The rebate amount is a non-qualified distribution: IRS Pub 969 describes how the HSA works: Reporting Distributions on Your Return How you report your distributions depends on whether or not you use the distribution for qualified medical expenses (defined earlier). If you use a distribution from your HSA for qualified medical expenses, you do not pay tax on the distribution but you have to report the distribution on Form 8889. However, the distribution of an excess contribution taken out after the due date, including extensions, of your return is subject to tax even if used for qualified medical expenses. Follow the instructions for the form and file it with your Form 1040 or Form 1040NR. If you do not use a distribution from your HSA for qualified medical expenses, you must pay tax on the distribution. Report the amount on Form 8889 and file it with your Form 1040 or Form 1040NR. If you have a taxable HSA distribution, include it in the total on Form 1040 or Form 1040NR, line 21, and enter \u201cHSA\u201d and the amount on the dotted line next to line 21. You may have to pay an additional 20% tax on your taxable distribution. I looked at several plans regarding how to handle mistaken distributions: example A What if I accidentally use my HSA Visa debit card for a non-qualified expense?   To fix this problem, just bring that same amount into any local branch and tell us it was a Mistaken Distribution. We can then put the funds back into your HSA and correct the problem.  example B  You\u2019re allowed to correct mistaken   HSA withdrawals when there is clear and convincing   evidence that amounts were distributed from an HSA   because of a mistake of fact due to reasonable cause. You   can correct the mistake by repaying the withdrawal   no later than April 15 following the first year that you   knew or should have known that the withdrawal was   a mistake. When a correction is made, the mistaken   withdrawal does not have to be included in gross   income or be subject to the 6 percent additional tax, and   the repayment does not count as an excess contribution.   If an error is made by SelectAccount in its role as the   administrator, SelectAccount will be responsible for   taking appropriate corrective action. Check with your plan trustee on their procedure to fix the mistaken withdrawal."}
{"_id": "206638", "title": "", "text": "to find out how, we encourage you to read this post right away. by doing so, you will surely know how you can finance the purchase of important office or business equipment. you will also learn from it an excellent alternative you can use to get the machines you need to support the profit-generating activities of your enterprise."}
{"_id": "206648", "title": "", "text": "I understand capitalism, thanks. You think I am brand loyal though. Whomever gives the services for the least amount wins. As long as monopoly laws still exist consumers will be ok. I could use amazon or Hulu or other streaming. And if there is a merger so be it. It won't be the first and it won't be the last. Also, my free library offers most movies and can get over a million on inter library loan. Lastly there is redbox."}
{"_id": "206656", "title": "", "text": "I'm a third-year PhD student in Finance at a state university in the Southeast.  Accordingly, I do not have time write a detailed answer for you, because I am studying for a test.  You can PM me sometime after Thursday, and I can give you my perspective."}
{"_id": "206657", "title": "", "text": "I can't see how Dropbox will be a successful ipo given their flagship product is cloud storage. Virtually every major tech company offers their own integrated cloud storage and make enough from their other ventures to easily undercut them."}
{"_id": "206672", "title": "", "text": "Not at all, I fully understand you. I am in this industry and understand how these products work. I dont do these type per say but our product has a high enough interest rate that my clients all are going to do this themselves. Hell, I am going to do it with mine and my wifes policies too. Its a very nice form of passive retirement income on top of 401k, ira's etc."}
{"_id": "206676", "title": "", "text": "So I been trying to think what the last thing I bought becomes of and ad, it was food. I saw and ad for a chick and waffles place that was opening near me and went and got some. But besides Facebook adds for restaurants I can't think of anything."}
{"_id": "206683", "title": "", "text": "Here's a good link that can answer your question: How to take delivery of a futures contract The relevant part states: Prior to delivery day, they inform customers who have open long positions that they must either close out the position or prepare to take delivery and pay the full value of the underlying contract. By the same token traders with short positions are informed that they must close out their trades or prepare to deliver the underlying commodity. In this case, they must have the required quantity and quality of the deliverable commodity on hand.   On the few occasions that a buyer accepts delivery against his futures contract, he is usually not given the underlying commodity itself (except in the case of financials), but rather a receipt entitling him to fetch the hogs, wheat, or corn from warehouses or distribution points. I hope this helps. Good luck!"}
{"_id": "206688", "title": "", "text": "She was there for 5 years.  Someone brought in to sell the company is going to do it in 12-18 months, 24 max.  She is probably a good #2 but not CEO material.  There are many people like that who need some direction from the person above them but aren't good actually being the top person.  I'd blame the board for not realizing this as much as I'd blame her."}
{"_id": "206689", "title": "", "text": "\"&gt; How did you make the transition up the \"\"ladder\"\" thus far?  I applied online for jobs that were above and beyond what I was currently doing and did well enough in the interviews to get hired. For my current position, I found the hiring manager online and emailed him directly to tell him I was the person he was looking for. But I don't think that approach will get me any further.    &gt;How is your LinkedIn connection with executive recruiters?  I don't have one. I know that's an important next step but I'm not sure how to do it. Do I just email a bunch and introduce myself? I expect to be in my current position for at least 2 more years (realistically 4) and I would like to start cultivating the relationships but I'm not sure what to do.   I think that getting on some boards would be a similar step but again I'm not sure how.   &gt;Would you be willing to take a salary cut for a title change?  Within reason. Maybe 10%.   &gt;Does your college have a program for networking with alumni?  Probably. I have a pair of Masters' Degrees in my field from a top-25 program. The issue is that the alumni I network with would need to be executives and they're harder to engage.\""}
{"_id": "206721", "title": "", "text": "sorry, meant manufacturing..  &gt; But stronger productivity growth has coincided with sharply declining manufacturing employment, leading some analysts to suggest that the rise in U.S. productivity growth may have destroyed jobs, as companies need fewer workers to produce the same amount of output.  http://www.nber.org/digest/nov05/w11354.html"}
{"_id": "206727", "title": "", "text": "http://finance.yahoo.com/q/hp?s=EDV+Historical+Prices shows this which matches Vanguard: Mar 24, 2014  0.769 Dividend Your download link doesn't specify dates which makes me wonder if it is a cumulative distribution or something else as one can wonder how did you ensure that the URL is specifying to list only the most recent distribution and not something else. For example, try this URL which specifies date information in the a,b,c,d,e,f parameters: http://real-chart.finance.yahoo.com/table.csv?s=EDV&a=00&b=29&c=2014&d=05&e=16&f=2014&g=v&ignore=.csv"}
{"_id": "206744", "title": "", "text": "In your other question about these funds you quoted two very different yields for them. That pretty clearly says they are NOT tracking the same index."}
{"_id": "206756", "title": "", "text": "How would this trade behave IRL? I don't know how the simulation handles limit orders and bid/ask spreads to know it's feasible, but buying at 4.04 when the current ask is 8.00 seems unlikely.  That would mean that all other sell orders between 8.00 and 4.04 were fulfilled, which means that there were very few sellers or that sell pressure spiked, both of which seem unlikely. In reality, it seems more likely that your order would have sat there until the ask dropped to $4.04 (if it ever did), and then you'd have to wait until the bid rose to $7.89 in order to sell them at that price. However, that kind of swing in option prices in not unrealistic.  Options near at-the-money tend to move in price at about 50% of the change in the underlying, so if amazon suddenly dropped by $5, the option price could drop by $2.60 (from 6.66 to $4.04), and then rise back to $7.89 if the price rose $8 (which would be 1% swing and not unheard of intra-day). But it sounds like you got very lucky (or the simulation doesn't handle option trading realistically) - I've traded options in the past and have had some breaks similar to yours.  I've also had bad breaks where I lost my entire investment (the options expire out-of-the money). So it should be a very limited part of your portfolio, and probably only used for risk management (e.g. buying put options to lock in some gains but keeping some upside potential)."}
{"_id": "206765", "title": "", "text": "\"you bet that a quote/currency/stock market/anything will rise or fall within a period of time. ... So, what is the relationship with trading ? I see no trading at all since I don't buy or sell quotes. So, if you just wander in and say \"\"oh, hey, look, a bunch of options, i'm going to play games and have excitement\"\" then that is, in fact, some sort of gambling. Indeed, most trading activities will be like that to you. On the other hand, you might be engaged in other business where those things matter. You might be doing a lot of trading elsewhere in the market, for instance, and suddenly everyone freaks out and the stock market goes crazy and you lose a ton of money. To protect yourself from losing a ton of money, you might buy a binary option based on VIX (the volatility index) going over a certain level. If you're not in a business where you're buying it to protect yourself, then you should probably only buy the options if you have reason to think it'll be profitable and worth the risk. If you don't understand the risks, skip it.\""}
{"_id": "206785", "title": "", "text": "Buy a ticket to a special country/conference/symposium/exchange program, meet people related to your aspirations, get a mentor. I like the previous answer, but in my experience it is much more rewarding to grow career-wise to earn more than it is to save more money."}
{"_id": "206794", "title": "", "text": "\"A home is an investment, but the value it returns isn't primarily financial ($$) - they are consumption (a place to live). This gives it different characteristics than other investments (e.g. increasing the amount invested by buying a more expensive home doesn't do much to assist your financial well-being and future income, and isn't necessarily the \"\"responsible\"\" thing to do). You may get some capital gains, typically in line with inflation, sometimes less, sometimes more, but those aren't the most reliable, and it's difficult to realize them (it involves selling your house and moving). Its main value as a hedge is a hedge against rising rent. But if you're still working full-time and can expect cost-of-living increases, that hedge may not be as valuable to you as it would to, say, someone living on a fixed income. But as for treating it as a \"\"low-risk investment\"\"? That's very problematic. Real low-risk investments are things like government bonds, where you can't lose principal. Unless you're going to live into your house until the day you die, the real estate crash should have disabused you of any notion that housing values never go down. Rather, your house is a single, indivisible, undiversified, illiquid investment. Imagine, if you will, going to your brokerage and borrowing a hundred thousand dollars or more on margin to invest in a single real estate investment trust... then take away whatever diversification the trust offered by holding multiple properties. Also, you can't sell any of it until you move away, and the transaction fee will take something like 3%. Still sound \"\"safe\"\"? Moreover, it's exactly the wrong kind of risk. Your house's value is tied to what people are willing to pay for housing where your house is, which is usually subject to the whims of the local economy. This means that in a recession and housing bust in the local economy, you can lose your job and have your mortgage go underwater at the same time. It totally makes sense to treat your house as an investment to some extent, and it makes double sense for a financial adviser to consider it as part of your investment recommendations. \"\"Safety\"\" is not the way you should be thinking of it, though.\""}
{"_id": "206804", "title": "", "text": "\"It is not a \"\"better world\"\" when all we've done is trade one set of victims for another.   There is nothing \"\"Fair\"\" about FORCING one citizen to do what the mob thinks they should.  \"\"Life, liberty, and the pursute of happiness and all that\"\" does not include being able to force other people to do what YOU want with THEIR property.  This is theft by any reasonable definition.  The only civil rights that are ever morally justified are *before the law as a citizen*.  Your government should treat all its citizens equally.  There is no sense in which this ought to translate to the private sector except under voluntary conditions, not by the state shoving a gun in your ear and forcing you to do so.\""}
{"_id": "206806", "title": "", "text": "This is nothing more than a great way to sell out plane and ensure that no more seats are available at any price, even a high price that would be willingly paid by someone who really, really needs it. The fact that this isn't the general reaction by the public is indicative of a gross lack of education in basic economics, just like the following:  Lack of understanding in evolution: If people came from apes, why are there still apes?  Lack of understanding in geometry: How can the Earth be round if the horizon always rises to eye level?  Lack of understanding in statistics: If global warming is real, how come we hit a record for coldest July in this one town I heard about?  Lack of understanding in economics: If a business dramatically underprices their extremely limited goods, it helps the people who really need those goods."}
{"_id": "206813", "title": "", "text": "Where do you get your data feed from. I'm a software developer and I will be looking to do some light trading in the future. I just have no idea where I can get a streaming feed.  I think if I code something I will get a better feel of the markets. I like the idea of trading in stocks. Although, I will have to see at a later stage."}
{"_id": "206829", "title": "", "text": "\"See comment on how \"\"self made\"\" bill gates is, and he's probably legitimately one of the more self made people to make that list. \"\"Self\"\" made people come from very wealthy families. If I give you a loan of a million bucks to make a company and financially support you for two years while you wait for the business to make money you're still \"\"self made\"\". Just view how they calculate it. It's horse shit\""}
{"_id": "206830", "title": "", "text": "TL;DR: Only term is pure insurance and is the cheapest.  The rest are mixtures of insurance and savings/investment.  Typically the mixtures are not as efficient as doing it yourself, except that there can be tax advantages as well as the ability to borrow from your policy in some cases."}
{"_id": "206841", "title": "", "text": "If you have little investing experience, you shouldn't involve yourself in leveraged investments or short-term speculation at all.  You will probably just lose money. If not, is there a better way to invest with a small amount of money? If you have little investing experience, you should not attempt to make a lot of money on a small investment at all.  You will probably just lose money. The best way to invest with a small amount of money is to put it in a low-cost, mainstream investment product (like an index fund), and wait and save money until you have more.  By that time, you may decide that leaving the money in a low-cost index fund is actually the best thing to do anyway.  (Incidentally, I don't know if fund minimums are different in the UK, but in the US, an amount equivalent to \u00a3100 might not even be enough to start, so you might have to just put it in a savings account until you save enough to even buy into a mutual fund.)"}
{"_id": "206844", "title": "", "text": "\"Master Odor Removal\u2122 is a national leader in providing odor removal and neutral interior solutions. MOR's \"\"white-glove\"\" and green certified business systems offer a 100% Guarantee! We solve auto, home and commercial odor issues such as tobacco, marijuana, food, cooking odors, pet, mildew and air conditioning problems through our corporate and licensee network across the world. Our unique service is non-toxic, non-staining, non-ionic, hypo-allergenic and we never use ozone or toxic cover-ups!\""}
{"_id": "206865", "title": "", "text": "Nice at man nu kan s\u00e6lge guld online. Har altid synes Brevgulds reklame var lidt fjollet, men efter at have l\u00e6st lidt om dem og set p\u00e5 deres hjemmeside, s\u00e5 tror jeg faktisk at jeg vil pr\u00f8ve s\u00e6lge mit overskuds guld til dem siden de bare ligger rundt, og de lover at give de bedste priser."}
{"_id": "206876", "title": "", "text": "Just saw the update: Here's some ETFs for Canada from Vanguard."}
{"_id": "206878", "title": "", "text": "\"Not to mention. Since I posted my comment, I've suffered from self shutdowns of my PC (started with instant shutdowns). Only restoring multiple times from multiple restore points as seemed to have solved the problem for now. I'm telling you, we are under foreign attack, and India is part of it.  Also, when I'm not using my PC I shut it down and turn off the power strip access to it. Used to unplug it too.  Also in the past year, my refrigerator, dryer, main TV in living room, and most recently my washer (mechanical recurring) and PC have suffered electrical failures.  BEWARE those who claim to be advancing/helping you.  Anyway I believe someone is sending me a message about evil in our midst.  Pop culture should obviously indicate to you, if you know history as a matter of fact, not conjecture, that things are deteriorating quickly, and various nefarious factions are jockeying for position.  And they are not, never have been, from the side of \"\"good\"\", though they ALL claimed to be.  They punish/torment/destroy whom they deem (their whims) to be \"\"evil\"\". Though they are NEVER the arbiter of such things.  Horrible things are coming to the US. Past sins. Don't complain. Find redemption, salvation as you can. Survival (personal) is not paramount. GOOD (as  you see it) is. Just make sure you're not actually evil.  I'm clobbered here. Though I try to reveal truth. I try to debate, initiate discourse. I am shut down, for various nebulous reasons that my accusers use commonly.\""}
{"_id": "206879", "title": "", "text": "There are a number reasons to hedge a position.  Here are some of the more common:"}
{"_id": "206880", "title": "", "text": "Lets be real here about this economic stuff. The uber rich do no work, get all the money, through stock ownership and a tax system thats made for them, by them.   The working poor do all the work, get none of the reward. Either you need universal basic income or you need a 15 dollar min wage. UBI i think is better.   Edit: the middle and upper classes do hard work. But at least they get a piece of the pie"}
{"_id": "206881", "title": "", "text": "&gt; They'd literally have to invade and plunder other nations on a regular basis.   Which is what they do. The plundering is done by the mining companies and oil companies and engineering firms that follow them in though. Not them directly."}
{"_id": "206895", "title": "", "text": "fibonacci levels (retracements,expansions, arcs) are all arbitrary numbers with no statistical significance. that said thousands of traders world over use, view and depend on fib numbers in their trading ranging from forex, stock commodities etc the point is if it's traded a fibonacci number has been used on it, because of this unanimity on their significance & application the fibonacci's thus act as valid anchors since so many traders are looking at the same levels (self-fulfilling prophecy). the values of the fib numbers are all equally significant i.e the 23.6. 38.2, 50, or 61.8 are statistically all equally likely to occur. you just have to be vigilant as your trade approaches the fib levels."}
{"_id": "206906", "title": "", "text": "**Solyndra**  Solyndra was a manufacturer of cylindrical panels of copper indium gallium selenide (CIGS) thin film solar cells based in Fremont, California. Although the company was once touted for its unusual technology, plummeting silicon prices led to the company's being unable to compete with conventional solar panels made of crystalline silicon. The company filed for bankruptcy on September 1, 2011.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "206930", "title": "", "text": "Ballmer didn't personally lose those.   Microsoft had a ridiculously talented team back in the 80s and 90s. They developed a shit ton of futuristic stuff. It was all shot down back then or executed or managed poorly.   It takes years to fuck up that royally."}
{"_id": "206954", "title": "", "text": "Little pisses me off more than knowing I worked my ass off for shitty employers for decades to enrich lazy rich fuckers who have continuously turned the screws of oppression on me.\u00a0 They need to pay.  Why would additional tax breaks inspire an uber rich person to make legitimate investments in the greater economy if they already have so much cash they don't do anything but inflate the stock market?\u00a0 Stupid economics.\u00a0 When a person with needs has money they spend it on needs until their needs are met and bolster the economy.\u00a0 The majority with constant worry about money with no hope for relief in sight while richies get preferential treatment is mean and cowardly economics.\u00a0 Does anyone really wonder why there is so much hatred, violence, suicide, addiction, disenfranchisement...?"}
{"_id": "206960", "title": "", "text": "\"I'm sure it's an interesting TED talk, but I know many former Bridgewater people and they almost universally say the same thing: the culture there is a living nightmare.  &amp;nbsp;  I've read Dalio's \"\"Principles,\"\" and they are interesting and thoughtful. But implementing that philosophy on a day-to-day basis in the context of a company creates its own unique set of problems (and the best ideas still lose to office politics).\""}
{"_id": "206976", "title": "", "text": "in my office the joke is more that they're wearing suits at all. Nobody here wears a suit. Slacks and a shirt, bonus points for a fleece vest (once you earn the right). If you find that your coworkers do wear suits though, my tip is this, no matter how much you spend, take it to a tailor. Always. A $200 Men's Wearhouse suit that's been nipped and tucked by a tailor will look better than $1000 off the rack one that hasn't been."}
{"_id": "206987", "title": "", "text": "\"Recruiters, maybe, but I'd be careful about using this technique directly with hiring managers though.  If someone said that to me, I'd pass on an offer.  To me it's a warning sign that the person has a bit of ego and has a \"\"my way or the highway\"\" attitude.  Effective communicators seek to build consensus.\""}
{"_id": "207003", "title": "", "text": "\"No, I think the US should be under a single payer system. Care in the US is is shitty as it is. \"\"It is hard to ignore that in 2006, the United States was number 1 in terms of health care spending per capita but ranked 39th for infant mortality, 43rd for adult female mortality, 42nd for adult male mortality, and 36th for life expectancy... Comparisons also reveal that the United States is falling farther behind each year\"\" [New England Journal of Medicine](http://www.nejm.org/doi/full/10.1056/NEJMp0910064). Also another point I didn't mention is that most US 'middle class' families are literally only one sickness away from having to choose between medical bills or mortgage payments. I personally have had friends who had to drop out of college after their dad got sick, and I wouldn't mind paying more taxes if it meant that never happened again, or happened to my children once I start a family.\""}
{"_id": "207050", "title": "", "text": "\"I don't think there's any federal law prohibiting them from allowing you to AutoPay more than your minimum.  Certainly there are federal laws telling them what to do with payments more than the minimum - they must apply the leftover to the principal by default - so the law doesn't assume you can't overpay. However, federal law does require them to advance your next payment date if you overpay by a multiple of your minimum payment; i.e., if your payment is $50 and you send them $100, you don't have to make your next payment [though interest still accrues of course].  It's possible Navient isn't interested in implementing this functionality in their AutoPay, who knows. In any event, assuming you have a bank that has AutoBillPay functionality, you may want to consider using that - either for the \"\"extra\"\" or for the whole amount (if Navient isn't giving you a discount for AutoPay - if so, use that at least).  Your bank is happy to cut a check in any amount and send it on, and Navient is required to apply it to the principal.  (Though if you do the autopay-and-billpay and are sending an extra amount less than a whole payment, verify that they're willing to accept amounts less than a full payment, first; not all lenders are.)\""}
{"_id": "207058", "title": "", "text": "&gt; practically a venture bet   &gt; Zuckerberg made a $20bn bet  I gotta agree, I mean Zuckerberg is so well known as a preeminent venture capitalist with a great track record - how can I pass up the opportunity?  Also as an institutional investor, its so incredibly difficult to find a venture fund for me to put my money into, I really do need someone like him to spend my money.  I mean why bother to get in at the ground floor when I can buy the company after its been hyped up right?  Buy high, sell low has always been my motto!"}
{"_id": "207083", "title": "", "text": "\"So the Fed  \u201cmisspecified\u201d its inflation model  \u201cmisjudged\u201d the Labor market  And I suppose S&amp;P, Fitch and Moodys is going to put our mind at ease  that you are unwinding on the most AAA of garbage, with out \"\"misjudgements\"\" and \"\"Misspecifed\"\" of true valuations.  Well lets just burn the Fed down and call it even\""}
{"_id": "207109", "title": "", "text": "Yeah I've been hearing that through a few posts on the front page today, I'm sure they'll be able to buy their domain back at whatever price since someone will eventually buy it &amp; resell. I'm thinking we're likely to hear more about it tomorrow though."}
{"_id": "207137", "title": "", "text": "Joyce Meyer ministries in St. Louis hires lots of developers. You need to be an active member of a Christian denomination. And they check. And prayer meetings are required. At least that's what the recruiter told me. I turned down the opportunity to interview."}
{"_id": "207140", "title": "", "text": "In my opinion, We can't trust wholy on internet as well as social media. There are a lot of hackers that can ruin all of us based on destroying all the systems. We should be careful about our private information, don't show them on your facebook if you don't want anyone can see them, even though it is only for you. It is not safe for you. Just keep in your mind or your note book."}
{"_id": "207144", "title": "", "text": "Companies theoretically have an infinite number of equity units at their disposal.  Issuance must be approved according to its founding contracts. If an equity is trading on an open market then the price of each unit issued in lieu of cash compensation is known.  Even if an equity doesn't trade openly, bidders can be solicited for a possible price or an appraisal.  This can be a risky route for the potentially compensated. Market capitalizations are frequently generally approximately equal to the sales of a company.  Salaries and wages are frequently generally two thirds of sales. It is indeed expensive for the average company to compensate with equity, thus so few do, usually restricting equity compensation to executives and exceptional laborers.  Besides, they frequently have enough cash to pay for compensation, avoiding transaction costs. For companies in growth industries such as technology or medicine, their situations are usually reversed: cash constrained yet equity abundant because of large investment and dearly priced equities.  For a company trading at a market capitalization multiplied by forty times the revenue, compensating with equity is inexpensive."}
{"_id": "207158", "title": "", "text": "TIL the congressional ways and means committee is Trump propoganda.  And yes, when government arbitrarily stuffs an industry with money it increases the industry's short term value, but it does not necessarily mean that money will be spent in a way thats good for that industry in the longer term."}
{"_id": "207160", "title": "", "text": "Ah, yes, I forgot about Oregon's and New Jersey's brilliant contributions to the laboratory of democracy. But you're right, that doesn't amount to 30\u00a2 per gallon. Not even close. If an attendant's pay went up $3.00 an hour due to the new minimum, and they service 15 cars per hour, and each car takes 15 gallons, that comes to 1.3\u00a2 per gallon."}
{"_id": "207167", "title": "", "text": "Thank you Skyy8 for voting on PORTMANTEAU-BOT.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "207173", "title": "", "text": "\"The reason to put more money down or accept a shorter maximum term is because the bank sweetens the deal (or fails to sour it in some fashion).  For example, typically, if there is less than 20% down, you have to pay an premium called \"\"Private Mortgage Insurance\"\", which makes it bad deal. But I see banks offering the same rate for a 15%-year mortgage as for a 30-year one, and I think: fools and their money.  Take the 30-year and, if you feel like it pay more every month.  Although why you would feel like it, I don't know, since it's very difficult to get that money back if you need it.\""}
{"_id": "207176", "title": "", "text": "When you buy shares, you are literally buying a share of the company.  You become a part-owner of it. Companies are not required to pay dividends in any given year.  It's up to them to decide each year how much to pay out. The value of the shares goes up and down depending on how much the markets consider the company is worth.  If the company is successful, the price of the shares goes up.  If it's unsuccessful, the price goes down.  You have no control over that.  If the company fails completely and goes bankrupt, then the shares are worthless. Dilution is where the company decides to sell more shares.  If they are being sold at market value, then you haven't really lost anything.  But if they are sold below cost (perhaps as an incentive to certain staff), then the value of the company per share is now less.  So your shares may be worth a bit less than they were.  You would get to vote at the AGM on such schemes.  But unless you own a significant proportion of the shares in the company, your vote will probably make no difference. In practice, you can't protect yourself.  Buying shares is a gamble.  All you can do is decide what to gamble on."}
{"_id": "207191", "title": "", "text": "Why do you think they're HOARDING? Cus they can just pay less tax on it in a foreign fucking country you imbecile. I'm done waisting my time trying to explain this to someone that just has everything go right over their head.  Keep drinking the mainstream media's Kool-Aid, I'll keep praying that one day you wake up and see the truth"}
{"_id": "207203", "title": "", "text": "\"We are exactly where we should be for pricing. We are not over valued.  The largest bull market in history is following the longest stagnation in history, we're merely playing catch up. Of course, it was spurred after Trump won because the business sector assumed he would curtail regulation - one thing we're pretty sure he'll accomplish because his business interests are alligned.  Recommended reading outlining why we are appropriately valued: Stocks for the Long Run by Jeremy Seigel, Prof of finance at Wharton.   I'm all for looking out for people's benefit. As an investment advisor, I have to abide by the fidicuary rule myself. I'm sure there's another side to the argument for them removing the rule. As Robert Shiller, Nobel laureate in economics, put it, \"\"We need the right regulation, not more or less.\"\" Perhaps it's not correct in it's current state. But I'm not a legislative expert, maybe someone can elaborate.  We need to be wary about how quick we are to judge on these rulings. Many comments are not experts and our confirmation bias will drive people to misinformation. We judge ourselves on our intentions and others on their actions.\""}
{"_id": "207229", "title": "", "text": "There is no tax to move your own money from one place to another."}
{"_id": "207253", "title": "", "text": "According to this article: With an all-stock merger, the number of shares covered by a call option is changed to adjust for the value of the buyout. The options on the bought-out company will change to options on the buyer stock at the same strike price, but for a different number of shares. Normally, one option is for 100 shares of the underlying stock. For example, company A buys company B, exchanging 1/2 share of A for each share of B. Options purchased on company B stock would change to options on company A, with 50 shares of stock delivered if the option is exercised.  This outcome strongly suggests that, in general, holders of options should cash out once the takeover is announced, before the transactions takes place.  Since the acquiring company will typically offer a significant premium, this will offer an opportunity for instant profits for call option holders while at the same time being a big negative for put option holders.  However, it is possible in some cases where the nominal price of the two companies favours the SML company (ie. the share prices of SML is lower than that of BIG), the holder of a call option may wish to hold onto their options. (And, possibly, conversely for put option holders.)"}
{"_id": "207285", "title": "", "text": "You can set up a Self Managed Super Fund (SMSF) and use it to buy residential investment property, and as Justin has mentioned even borrow to acquire the investment property through the SMSF.  However, you cannot hold your home in the SMSF, as this would be classed as an in-house asset, and you are only allowed to hold a maximum of 5% of the total market value of SMSF as in-house assets. Furthermore, as you already own your house, you are not allowed to transfer residential property into a SMSF from a related party, even if done at current market value (you are allowed to transfer business real property from a related party at current market value). Regarding loans, you are not allowed to lend money from your SMSF to a related party as well."}
{"_id": "207287", "title": "", "text": "Sure, just saying. It does exist.   Also I don't understand why people need to return stuff so much. Only thing I can see it being needed so much is people buying something solely to use it for a one time use then getting their money back. Or simply over shopping and not controlling their budget and need their money back after they realize they spent too much on shit they don't need.  I mean, if I need to buy something, I do some research, find the best product for the price and get the best offer the first time. Unless it's broken or defective I've never had to return anything. Then again I'm also not a compulsive shopper that blows my budget on shit I don't need.  I don't know. Doesn't seem like a make or break feature for me and won't sway which service I use either way."}
{"_id": "207290", "title": "", "text": "Seen it on Netflix 3x already, pretty much catch all the diet documentaries.  I can agree that sugar is problematic... but it's ignoring a lot of stuff.  I'm a whole food plant based eater and help others transition.  The fat is a big part of it too.  A domesticated animal has 7 times the fat that a wild animals has.... I had deer before long ago, it's so lean that many people find it unenjoyable (cuts tend to be tough), need to stew it or have to ground it up and cut it with fatty cuts of beef or something to make it tolerable.  Same with rabbit and lots of other wild animal I used to have.  Vegetable oils, like sugar, is also a refined and unnatural to the diet and didn't become widespread until modern presses were developed in the 19th century.  It was just too wasteful for historical agriculture except for the wealthy... with modern presses it takes 1000-1400 olives to make a liter of olive oil.  Or 10-14 heads of corn to make a tablespoon of corn oil.  Up to medieval times when agriculture was ekeing out a 10% caloric surplus over calories spent, it just wasn't viable to the human species to have the amount of oils we do in the diet.  The fact is that all industries pay for scientific propraganda.  Dairy/Eggs/Meat is no different.  And since Marlboro (RJ Reynolds) [got into the food business](http://abcnews.go.com/Business/story?id=88088) buying Kraft and Nabisco and what not... they had experience from decades earlier to know how to buy science and influence public policy.  If it comes in a package and is changed from how nature made it, chances are that it contributes to obesity because it's been altered to cater to our tastes and that almost always means more fat, more sugar, more salt (makes us eat more) and ultimately more weight."}
{"_id": "207313", "title": "", "text": "\"I think the point is that if people took all the time they spent on parenting, and used that time instead to suck up to their boss and get promotions, then that's where the 900k figure comes from.  The whole article is about refuting the 300k number that the government came up with because it doesn't take \"\"forgone income\"\" into account.  *\"\"USDA economist Mark Lino, chief author of the annual study, acknowledges the report excludes college and forgone income.\"\"*  Seems to me like a sad attempt to justify this guy's lifestyle :  https://imagemacros.files.wordpress.com/2009/07/disregard_females.jpg\""}
{"_id": "207314", "title": "", "text": "It's also going to cost them big time catching up to Google's current map technology. Google has a massive head start and having a subpar map app will certainly hurt iphone sales and future adoption. The SGSIII had 4 of its  5 best weekly sales after the iphone5 was released.   The fact that Google would not release turn by turn navigation is only half the facts, Google was willing to release it but they had terms that Apple would not agree too. Also Apple didn't need turn by turn navigation for Google Maps to continue to function, Apple could have developed a separate app instead of throwing the baby out with the bath water."}
{"_id": "207316", "title": "", "text": "Just a thought because this is a really good question: Would the buying and selling of blockchain based digital currency,   using other blockchain based digital currencies, be subject to like   kind treatment and exempt from capital gains until exchanged for a   non-blockchain based good or service (or national currency) Suppose someone sells 1 bitcoin to buy 100 monero.  Monero's price and bitcoin's price then change to where the 100 monero are 3 bitcoins.  The person gets their bitcoin back and has 66.67 monero remaining. This scenario could be: Suppose someone sells 1 bitcoin at $1000 to buy 100 monero at $10.  Bitcoin crashes 80% to $200 while monero crashes to only $6 per monero.  $6 times 100 is $600 and if the person gets their bitcoin back (at $200 per bitcoi), they still lost money when measured in US Dollars if they move that bitcoin back to US dollars. In reading the IRS on bitcoin, they only care about the US dollar value of bitcoin or monero and in this example, the US dollar value is less.  The person may have more bitcoins, but they still lost money if they sell."}
{"_id": "207325", "title": "", "text": "Simple math: 50-25=25, hence decline from 50 to 25 is a 50% decline (you lose half), while an advance from 25 to 50 is 100% gain (you gain 100%, double your 25 to 50). Their point is that if you have more upswings than downswings - you'll gain more on long positions during upswings than on short positions during downswings on average. Again - simple math."}
{"_id": "207330", "title": "", "text": "I see a big problem here.   Who will the convenience store robbers hold up if these stores are automated. So not only will the store clerks lose their jobs but we also lose the only criminals in our society who are actually caught and made to pay their dues to society."}
{"_id": "207339", "title": "", "text": "Yep.  One good thing about Airbnb's though is the flexible check in times.  In fact, the last time I did an Airbnb now that I think about it was in Bogotoa Colombia.  My plane arrived at like 6am and the airbnb host was willing to let me in at 8:30, which of course a hotel would never do (or at least not without a fee, assuming they even have an empty room)."}
{"_id": "207354", "title": "", "text": "I think that is the wrong approach. You certainly need to teach the value of work, but you cannot tie it to income levels as a hard and fast rule. If you do, how do you then explain athletes making millions per year and only 'working' half a year, at most. And, then comparing that person to a person working hard in a factory, 40-50 hours per week, 50 weeks per year, bringing home $50K per year? I've always taught my kids to work hard and with integrity. And, most importantly, you better enjoy the work you do because no matter how much money you make, if you dread getting up in the morning to go to work, your money won't make you happy. I've never focused on the amount of money they should be making."}
{"_id": "207356", "title": "", "text": "Interesting read. I saw a documentary about oxy's a while back.  Apparently folks from all over the mid Atlantic coast and into the mid west head down to FL often to stock up on oxys.  IIRC, FL doesn't have a patient register that logs amount/frequency of prescriptions/etc."}
{"_id": "207357", "title": "", "text": "Electric work trucks are going to be pretty badass once they roll out in the coming years. Insane amounts of low end torque, much simpler design and reliability, and a big vehicle with room for a massive battery. Definitely not a glorified golf cart for that use case."}
{"_id": "207368", "title": "", "text": "\"There is no simple answer to that, because no one knows exactly what the probability distribution of S&P 500 returns is. Here is a sketch of one possible way to proceed. Don't forget step 4!  The problem is that the stock market is full of surprises, so this kind of \"\"backtesting\"\" can only reliably tell you about what already happened, not what will happen in the future.  People argue about how much you can learn from this kind of analysis.  However, it is at the least a clearly defined and objective process.  I wouldn't advise investing your whole nest egg in anything based just on this, but I do think that it is relevant information.\""}
{"_id": "207380", "title": "", "text": "I think it says more about the political policy &amp; governance behind taxis and public hire vehicles in New York, that it says about Uber or Lyft.   Allowing taxi licencing to become _so_ expensive, than it places that level of debt on the owner is sheer madness - a recipe for a bubble."}
{"_id": "207388", "title": "", "text": "I second the above poster, but would suggest R over SAS or SPSS if you choose to do a stat focused language. Similarly, Python may be more useful than Java.  As the chopsticks said though, really anything is good just to enter the frame of thinking."}
{"_id": "207391", "title": "", "text": "It's really not possible to know what your best investment strategy is without knowing more about you, which isn't the place of a site like this. However I'll make some general comments about insurance policies as savings. Insurance policies are extremely inflexible. They lay down specific payments, and specific returns that you will get back. However typically if you don't follow the shcedule of payments laid down, you will lose almost all the benefit of the investment. Since you say you are a beginner, I'll assume you are young too. Maybe in a few years you will want to buy a house, or a nice car, or get married, or put money into some other investment opportunity. If you are committed to making  insurance policy payments you will have less available for the other things you want to do. Related to this is the 'estimated returns'. You say the 'nonguaranteed bonus is around 3.75%-5.25%'. But because an insurance policy locks you in, if it turns out that it's the low end of that - or worse - you can't get out, even if other investments are outperforming it."}
{"_id": "207404", "title": "", "text": "If you are looking to buy the GH3 Supplement, then you do not have to go anywhere else as you can order it by sitting at your home by using the online facility of a leading supplier who has been involved in the nutrition and herbal business for many years."}
{"_id": "207416", "title": "", "text": "The obvious ones are retail sales and the service industry, you know McDonald's and Starbucks (sigh).  You simply need people where the transaction takes place.  I would like to say actual doctors (as opposed to X-ray technicians etc) but some diagnosis is being done over the net these days so even doctors will face some pressure though probably not too much.  They say software project management will survive but I'm seeing that gradually move overseas - that or US project managers end up managing such a huge number of overseas projects at once that the job is crazy stressful.  The only high-paying jobs I can think of that should be pretty safe from outsourcing are marketing and advertising.  You need to know the local culture pretty well to do that job well.  However, the pendulum's bound to swing back a fair bit.  I've worked at several places that were pretty hard core with outsourcing.  One of the biggest outsourcing cheerleaders said that it would stop being worth it when the wage ratio got to 5-to-1.  When it hit 5-to-1, he changed to 4-to-1.  When that was hit, they found a cheaper country.  But eventually, the travel, inherent inefficiency and frequent quality issues will force jobs back onshore.  It will likely be 5-10 years til we really see things turn around much.  A lot of the delay won't be that it's still a bit cheaper overseas than at home but rather that US companies love holding outsourcing over the heads of their workers to keep wages lower and keep us working all that free overtime."}
{"_id": "207418", "title": "", "text": "From my understanding as a seller, and having read through Amazon's 8 page calculation methodology document, the default is the ship to address, however the seller still has the option to charge the tax or not, only charge the state rate and local (city, county, district, etc.) rate(s), or even set their own self-determined default tax rate.  In other words, the seller has a lot of control in determining what rate they use and the billing and shipping addresses may not even matter.  Just remember that whatever tax you pay to Amazon, your state will probably still hold you responsible for calculating and reporting any additional use tax, based on your location.  And if the seller does overcharge for tax you may have a right to request a refund from them."}
{"_id": "207437", "title": "", "text": "It's up to the insurance companies that insure their businesses. Source *am CEO. Source. My insurance requires drug testing. I don't care at all, but my insurance company sure does.  *edit: not health insurance, businesses run on insurance, operating machinery, to make sure mistakes don't happen, etc. health insurance costs are negligible to employers."}
{"_id": "207440", "title": "", "text": "#Billy #Fuccillo is the leading name in the automotive industry !! The recent accomplishment of Billy Fuccillo is, he has got two national awards for Fuccillo Kia of Cape Coral, Florida as well as he also achieved U.S. dealer with the highest retail sales volume award along with the best new dealer award in 2011."}
{"_id": "207449", "title": "", "text": "\"The biggest problem with this that others seem to have missed is that a corporation must have a profit motive.  Meaning at some point after a \"\"startup phase\"\" your company needs to turn a profit to not be considered a hobby. Will your employer be paying your corporation for your salary?  Is that the company's business endeavor?  If you run profits through the company and treat it like a true business, this may be technically possible, but as others have mentioned probably will cost more than any benefits you'd receive.  And at every step you'll be throwing tons of audit flags. Rich Dad Poor Dad advocates a light version of this.  Essentially running a business like Real Estate through an LLC, and then using that LLC for \"\"business trips\"\" (vacation with some justifiable business motive) or capital purchases (laptop, etc...) and the like, such that you're paying with \"\"Pre-tax\"\" money instead of \"\"Post tax\"\", but again the business needs a revenue source.\""}
{"_id": "207450", "title": "", "text": "\"If it is legitimately 30 minutes from downtown Chicago with rail, I see no reason why it wouldn't be full of commuters. Is there no mass transit?  I'm in the northeast and people will commute by 1.5 hrs on mass transit to get to jobs downtown - I think they're a little crazy, but some people want \"\"space\"\".\""}
{"_id": "207473", "title": "", "text": ""}
{"_id": "207474", "title": "", "text": "Note that this study isn't tracking graduates, just enrollment. Thomas Sowell pointed out that drop-out rates are higher for black Americans in many colleges, and believes that affirmative action is actually to blame - many of these upper tier institutions have lower academic requirements for black Americans applying, so these individuals are, on average, less prepared for that level to college, and drop out. He also felt that these students probably would have been prepared for an institution with lower requirements, and questioned whether it's better to drop out of Harvard or graduate from Brown. If you're saddled with a ton of debt and *also* don't have a degree to show for it, I'd say it's much more likely you're going to have trouble paying it off.  I wonder what the figures for black graduates looks like compared to white graduates? If black graduates are at a payoff rate comparable to that of white graduates, I think that would be a fairly telling piece of evidence that it's not, in fact, about race - but about whether or not you graduated at all."}
{"_id": "207482", "title": "", "text": "as someone who made a fair attempt at understanding money subjects, I'd like some more writing from you.  I took high school level Marketing; Business economics; commercial law. it took six months on top of my previous High school ( with high level maths).  during those months I got medium grades, and failed  in- can you believe it - marketing. I had a go at The intelligent investor. I made it to page 96. But honestly I felt like I needed a lot of background in order for me to understand it. English is my second language. Sure I can understand  words like liability vs assets. but to this day i still can't remember the difference between a bull and bearish market. I know its about risk assesment on a national/ global level.  So who honestly gave finance a go but got their ass kicked. What would you say?  any books?"}
{"_id": "207483", "title": "", "text": "\"The thing to recall here is that auto-pay is a convenience, not a guarantee. Auto-pay withdrawals, notices that a bill is due, all of these are niceties that the lender uses to try to make sure you consistently pay your bill on time, as all businesses enjoy steady cash flows. Now, what all of these \"\"quality of life\"\" features don't do is mitigate your responsibility, as outlined when you first took out the loan, to pay it back in a timely manner and according to the terms and conditions of the loan. If your original contract for the loan states you shall make \"\"a payment of $X.XX each calendar month\"\", then you are required to make that payment one way or another. If auto-pay fails, you are still obligated to monitor that and correct the payment to ensure you meet your contractual obligation. It's less than pleasant that they didn't notify you, but you were already aware you had an obligation to pay back the loan, and knew what the terms of the loan were. Any forgiveness of interest or penalties for late fees is entirely up to the CSR and the company's internal policies, not the law.\""}
{"_id": "207491", "title": "", "text": "I wouldn't get too caught up with this. Doesn't sound like this is even stock reconciliation, more ensuring the cash you've received for dividends &amp; other corporate actions agrees to your expected entitlements and if not raising claims etc."}
{"_id": "207496", "title": "", "text": "Up until your strategy's money losing leg is stopped out, you have zero PnL, while a straddle has lost time value but may gain from price movements - all the PnL at that time you cannot capture with your strategy. Also stop loss cannot guarantee your price."}
{"_id": "207531", "title": "", "text": "There are just too many variables here... Will you legally be considered a permanent resident from the moment you move? Will you work from home as a contractor or as an employee? Those are not questions you can answer yourself, they really depend on your circumstances and how the tax authorities will look at them. I strongly encourage you to speak to an advisor. Very generally spoken, at your place of residence you pay taxes for your worldwide income, at the place of your work base (which is not clear if this really would be Turkey) you pay taxes on the income generated there. If it's one and the same country, it's simple. If not, then theoretically you pay twice. However, most countries have double taxation treaties to avoid just that. This usually works so that the taxes paid abroad (in Turkey) would be deducted from your tax debt at your place of residence.  But you might want to read the treaty to be sure how this would be in your specific case (all treaties are publicly available), and you should really consider speaking to a professional."}
{"_id": "207533", "title": "", "text": "No.  Unless you actually laid out cash for it, you can't write it off."}
{"_id": "207537", "title": "", "text": "Oren Ahronson is a well known business owner who holds the degree in MBA from Bar Ilan University. He is a move on of the Siemens General Management program at Duke University. His business experience contains Siemens where he provided as CEO of Siemens in Israel, accountable for its entire portfolio such as Power, Sector, Transport, Healthcare and Interaction."}
{"_id": "207539", "title": "", "text": "\"Anyone can sue you. Whether or not they would win the lawsuit is what matters, and to win there would have to be measurable damages. How much money could the seller possibly have lost due to this in just a few days? IMHO the most you'd realistically be out is your earnest money. BTW, your realtor gets paid only if you purchase a home, so in this case your realtor may not have your best interests in mind if the choices are: \"\"buy this house\"\" or \"\"don't buy anything\"\". Definitely talk to an attorney, and then consider notifying the seller ASAP.\""}
{"_id": "207542", "title": "", "text": "A type of communism was also tried in early Virginia and failed: https://mises.org/library/fall-communism-virginia  Otoh, we must recognize that unrestrained capitalism often goes into rent-seeking behaviors once the successful companies are established and start influencing public policy; and that leads generally to oligarchy more geared to nepotism and such rather than meritocracy."}
{"_id": "207543", "title": "", "text": "My point is that the reason for the increase in income inequality is at least partly related to an increase in regulation which began growing around the same time as the divergence in your graph.   My graph doesn't refute yours, nor was it intended to. It was intended to illustrate a reasonable alternative explanation for the observations shown in your graph.  Your data is valid, but I disagree with the analysis you drew from it."}
{"_id": "207559", "title": "", "text": "I did receive TurboTax's automatically generated confirmation of successfully completing tax filing electronically the day I did my tax on their web site. About 24 to 48 hours after you push the button at TurboTax the IRS should either confirm or reject the initial check of the tax documents. You should return to the TurboTax website to make sure the IRS has accepted the reutrn. Next review either the confirmation you received when you pushed the button or the information at the TurboTax site. It should specify when the money would be withdrawn. You were given options regarding payment method and date you want to make the payment. Many people who finish their tax paperwork early, but owe money wait until the last day to submit. Now it is possible to submit paperwork early but specify a date just before the deadline. Print out or even better save an electronic copy of the information at the TurboTax website. I have no idea how long it takes the IRS to actually pull the money from an account, once the day you specified has occurred. You have to plan as if the withdraw will happen on the exact date, but with millions of tax payers making transactions it may be delayed by a day or two."}
{"_id": "207564", "title": "", "text": "Strictly by the numbers, putting more than 20% down is a losing proposition.  With interest rates still near all time lows, you're likely able to get a mortgage for less than 4%. The real rate of a return on the market (subtracting inflation and taxes) is going to be somewhere around 5-6%.  So by this math, you'd be best off paying the minimum to get out of PMI, and then investing the remainder in a low fee index fund. The question becomes how much that 1-2% is worth to you vs how much the job flexibility is worth. It boils down to your personal risk preference, life conditions, etc. so it is difficult to give good advice.  The 1-2% difference in your rate of return is not going to be catastrophic.    Personally, I would run the numbers with your fiance.  Build a spreadsheet tracking your estimated net worth under the assumption that you make a 20% down payment and invest the rest.  Then hold all other factors equal, and re-build the spreadsheet with the higher down payment.  Factor in one of you losing your job for a few years, or one of you taking off for a while to raise the kids.   You can make a judgement call based how the two of you feel about those numbers."}
{"_id": "207566", "title": "", "text": "I work as a software dev for a hedge fund I do front end for their trading platform and im mainly 9-5 except when theres a strict deadline then you'll be working 24/7 but its rare also alot depends on if theres some new technology and you need to pick up the pace to and learn and code at the same time"}
{"_id": "207570", "title": "", "text": "I worked at a burrito bar that used the same serving method. They'd been in business for over 15-20 years with 5 locations without any official food poisoning complaints. And we reheated the leftover meats from the day before to serve in the morning (we did so according to standard, but still, higher risk of bacteria problems). Keep in mind, this is only anecdotal."}
{"_id": "207577", "title": "", "text": "A large number of skills gained by students by game designing programs in Texas. If you are interested in learning more about these game design programs, techjoyntfoundation, a non-profit has an extensive list of after school classes and summer camps. They can show you how a great game can educate and entertain at the same time. Know more about us here: http://www.techjoyntfoundation.org"}
{"_id": "207588", "title": "", "text": "Le stockage de la glace peut prendre beaucoup d'espace, donc vous devez v\u00e9rifier en fonction de l'espace et du besoin. Il n'y a pas d'espace commercial qui fonctionne sur un budget illimit\u00e9; Nous avons tous nos propres contraintes \u00e0 surveiller. Vous devez vous concentrer sur une machine \u00e0 gla\u00e7ons qui convient parfaitement \u00e0 tous vos besoins, sans br\u00fbler un trou dans votre poche."}
{"_id": "207591", "title": "", "text": "To answer your question, the $30 and it accrues monthly if you carry the balance forward. However, don't do that. Only use your credit card on things you can immediately pay off right away. Don't pay extra money for things and don't pay for things you can't afford. As a recent college grad, I've seen way too many people have $1,000+ in credit card debt while in school. That's just nutty. If you have any other questions let me know."}
{"_id": "207620", "title": "", "text": "I thought the same thing, but someone recently made me aware that, even using coal, the generation and subsequent use of electricity in a tesla has a smaller carbon footprint per mile than a traditional gasoline car. Blew my mind!"}
{"_id": "207622", "title": "", "text": "LET US BET ON IT THEN. IF YOU DON'T BET, ADMIT YOU ARE WRONG OR A COWARD.   The terms of the bet are this: All IT employees do not get OT (which you believe because you know the industry and have never met a person who is a counter-example). If this is true, you win, if I can provide a counter-example, I win. How much would you like to wager?"}
{"_id": "207635", "title": "", "text": "\"&gt; Youre grossly underestimating how many people use marijuana regularly and responsibly also for medical needs.  What percentage would you guess actually use it for medicinal use in a city like Los Angeles. I bet the numbers are pretty small. Its mostly people who want to \"\"escape\"\" and get high.  &gt; Theres a reason why your opinion is becoming more unpopular and that's because marijuana prohibition was founded on lies and racist polices not facts.  Or that tons of people here use and don't want to see that its not necessarily a good thing.\""}
{"_id": "207643", "title": "", "text": "There are a host of programs in the US to help low/no-income seniors: Many states discount property taxes for the elderly as well. Not a dream retirement, but plenty of people are provided for without having prepared for retirement whether due to poor decisions or unfortunate circumstances."}
{"_id": "207657", "title": "", "text": "When population drops, housing frees up and rent goes down. This leads to people have bigger families, and earlier. Population goes up next generation. The cycle repeats growing a little or shrinking a little each time unless you hit a goldrush or something. Where is the urban hell your talking about? Sounds like a dystopia the government sells the pubic about what would happen if they didn't just *intervene more and vote for meeeee*."}
{"_id": "207663", "title": "", "text": "&gt;&gt; Does the police force teach civilians to ignore lawbreakers?  &gt; Yes it does.  [I know a Millwall fan who indicates otherwise](http://www.independent.co.uk/News/uk/home-news/london-bridge-terror-attack-fk-fuck-you-im-millwall-hero-roy-larner-football-fan-lion-of-london-a7775246.html).  &gt;&gt; Would you agree they would need to first learn these skills and that probably wouldn't happen in an unstable environment?  &gt; I agree.  All right, then is it your position that the government has no responsibility to provide a stable environment?"}
{"_id": "207671", "title": "", "text": "When I think of lab grown meat it sounds terrible.  But then I watch a video of how animals are raised in horrible conditions and then slaughtered; suddenly it's not so bad.  I think if you can't stomach lab grown meat you shouldn't be eating real meat."}
{"_id": "207677", "title": "", "text": "Thanks for the correction it was just a story my dad would tell me so the details have likely blurred.  My point is that even if we could automate all physical jobs there could still be work to do, distribution of resources would likely need to be handled differently then now some sort of utopian communism or something not really the main point though."}
{"_id": "207704", "title": "", "text": "Generally, to be able to write off worthless securities, you need to show that they're indeed worthless. It's not necessarily easy, as you need to prove that there's no way they will regain any value in the future. What is usually done, instead, is very simple: you sell them. Many brokers are aware of this problem and will assist by buying these securities from you at a nominal price (E*Trade, for example, for $0.01, ScotTrade for $0.00), and providing a proper trade confirmation. This is a bona fide sale, so if the stock does regain value - it will be a profit for the broker. In this case - you just report it as a sale at loss. Check with your broker if they support such a solution."}
{"_id": "207710", "title": "", "text": "If you use a financial planner not only should they be a fiduciary but you should just pay them an hourly rate once a year instead of a percentage unless the percentage is cheaper at this time. To find a good one, go to the National Association of Personal Financial Advisers website, NAPFA.org. Another good resource is Garrett Planning Network: GarrettPlanningNetwork.com."}
{"_id": "207751", "title": "", "text": "\"Automation, starting from steam engines (most hard labor is gone), mechanical looms (there goes all fabrics made by hand), cars (there goes horses and buggies), computers (there goes most clerical work), still have not cause catastrophic unemployment today. New jobs and new industries were invented instead.  But, I agree: with robots and AI, it will not be easy to find new things for people to do, especially most people who are not very skilled and educated.  **So, the solution MUST BE restrictions on the use of Robots and AI.**  For example, all interaction with people (customer service) must be done by humans. Or, every group of robots working must be supervised by a human.  But no limits on Robots and AI when it comes hard-labor and basic work: agriculture, yard maintenance, cleaning, etc - they can be done by Robots without any restrictions.   In any case, the costs of running a business will be so much lower as almost all the undesired work is done by robots, so people can create and have more and more specialized businesses and services.  P/S1: We need to restrict Robots and AI for other reasons too. For example, we can't have a country or a person have a robotic army to kill other people. But mostly, if we do not restrict, people will become lazy, spoiled and mindless.  P/S2: Some people are unemployable in a future society: not bright enough, not reliable enough, mental issues or disabled. For them, I can see Basic Income as the only solution.  **P/S3: read the science fiction book \"\"Dune\"\" by Frank Herbert, of a future society where \"\"thinking machines\"\" are not allowed, and the reasons why they were not allowed. I will let you guess why they were not allowed.**\""}
{"_id": "207763", "title": "", "text": "\"The article basically says: keep in touch, and show respect.  That's fine, but it's not nearly enough.  My top tip: make sure your work is measurable and visible, and report weekly on what you have accomplished using these measurements. There should be no question of \"\"what did you actually *accomplish* this week\"\".\""}
{"_id": "207764", "title": "", "text": "\"The supposed the-sky-is-falling \"\"$5000\"\" figure would require *five hundred* transactions. If anybody actually did that across the 8 days the promotion was active that would require *62.5 transactions per day*.  I think it's more likely that someone was making shit up on the internet.\""}
{"_id": "207766", "title": "", "text": "The importance of social proofing to any business both online and offline cannot be over emphasized. However, this post have just elaborated it all and i think even a newbie will be able to comprehend the benefit of social awareness after going through this article."}
{"_id": "207772", "title": "", "text": "Here's something that's not in the article, there is approximately just as much wealth now as there was 10 years ago.  The only thing there is less of is money, which is controlled by gov't/banking collusion.  So when you see an article that blames unions for our troubles, but ignores the greater problem of said collusion, know that the author is either ignorant or trying to mislead you."}
{"_id": "207779", "title": "", "text": "tl,dr: I-bonds do not fit well into most personal finance plans. First the questions (succinct reference): I like your thought process weighing your liquidity and risk versus your return.  This is very important.  However, I think you might be sidetracked a bit by I-Bonds.  I-Bonds are not generally good for personal investment as they are not marketable when necessary, have redemption penalties and hold lower overall yields in general.  Finally, they are significantly harder to trade as you can buy and hold a TIPS ETF and get exposure to all maturities and get the current competitive rate all in one purchase. Inflation protection is in general an interesting problem.  While inflation-protected bonds sound like they are great for inflation protection (after all it is in the name), they may not be the best instruments for long/medium term protection.  It is really important to remember that inflation protected bonds have significantly lower returns and one form of inflation protection is to just have more money in the future.  TIPS really protect against large inflation changes as normal bonds have the future expected inflation already baked in their higher rates. Also, when you own a stock you own part of a company and inflation will increase the value of the company relative to the inflated currency.  Foreign stocks can give even more protection if you think inflation in your local currency is going to be higher then the foreign currency.  Stocks in the past have had significantly higher return overall than inflation protected bonds but have higher risk as well. As a medium term, low-risk portfolio, it is worth looking into some combination of TIPS, normal bonds and a small to medium allocation of local/foreign stocks all done through low-fee mutual funds or index ETFs."}
{"_id": "207785", "title": "", "text": "Singit.com.au is among the top Music School in Melbourne offering high quality singing and instrument playing lessons. We have pool of skilled teachers who Regardless of age, work on every student with utmost dedication to find the hidden talent them and music sensation with them. For any query contact us!"}
{"_id": "207788", "title": "", "text": "\"You have a sequence of questions here, so a sequence of answers: If you stopped at the point where you had multiple wins with a net profit of $72, then you would pay regular income tax on that $72. It's a short term capital gain, which does not get special tax treatment, and the fact that you made it on multiple transactions does not matter. When you enter your next transaction that takes the hypothetical loss the question gets more complicated. In either case, you are paying a percentage on net gains.  If you took a two year view in the second case and you don't have anything to offset your loss in the second year, then I guess you could say that you paid more tax than you won in the total sequence of trades over the two years. Although you picked a sequence of trades where it does not appear to play, if you're going to pursue this type of strategy then you are likely at some point to run into a case where the \"\"wash sale\"\" rules apply, so you should be aware of that.  You can find information on this elsewhere on this site and also, for example, here: http://www.marketwatch.com/story/understanding-the-wash-sale-rules-2015-03-02  Basically these rules require you to defer recording a loss under some circumstances where you have rapid wins and losses on \"\"substantially identical\"\" securities. EDIT A slight correction, you can take part of your losses in the second year even if you have no off-setting gain.  From the IRS: If your capital losses exceed your capital gains, the amount of the excess loss that you can claim on line 13 of Form 1040 to lower your income is the lesser of $3,000, ($1,500 if you are married filing separately)\""}
{"_id": "207798", "title": "", "text": "What everyone else is missing is that it's 9% paid with after tax money. Any income you earn on an investment will also be taxed, so you'd need to make a fair bit more than 9% in order to break even with paying off your loan. For example, if your tax bracket is 20%, you have to earn $1.36 for every $1 in loan payment.  Take $100 x 0.09 x 1.36 = $12.24 in pre-tax earnings just for interest every year on $100. Multiply that out for whatever the size  Pay off your loans first - it's a no-brainer."}
{"_id": "207813", "title": "", "text": "\"Two typical responses to articles/surveys making such claims:  **1. People use other forms of asset for emergency savings because interest rates are low - clearly false.**  **2. People use other forms of saving than a saving account therefore such surveys as the X% can't handle a $500 emergency are wrong on their face - this is false the vast majority use a savings account.**  I've chosen a topic that absolutely annoys the shit out of me every time it comes up, how people save their money. Every time this topic comes up about X% of americans can't come up with $Y dollars in an emergency or have less than $Z in savings someone inevitably chimes in with the linked response. I have *never* seen anyone attempt to source their hand waving response beyond their own anecdote, which is usually a thinly veiled brag about how financially savvy they are with their wealth. Perhaps people who have no assets, or crippling debt don't go out of their way to brag about it...  I could link multiple reddit posts making a similar response, which I address with my own stock response about once every 1-2 months. Instead I've decided to expand with data from several other sources. This is the prototypical good/bad research problem. If you're asserting something, but qualify your statement with, \"\"I\"\"m sure we'd find...if we looked into...\"\" then you're doing it wrong. A good researcher or journalist doesn't put bullshit like that in their work because it's their job to actually look for sources of data; data which should exist with multiple government and independent groups. So let's get started (all data as recent as I could find, oldest source is for 2010):  * [Most americans don't invest in the stock market](https://www.federalreserve.gov/pubs/bulletin/2014/pdf/scf14.pdf)  About 48.8% of americans owned publicly traded stock directly or indirectly, with a much smaller percent (13.8%) owning stock directly -  pages 18 and 16 respectively. It's important to note the predominance of indirect ownership which suggests this is mostly retirement accounts. It's entirely possible people are irresponsible with their emergency savings, but I think it safe to say we should not expect people to *dip into their retirement accounts* for relatively minor emergency expenses. The reason is obvious, even if it covers the expense they now have to make up the shortfall for their retirement savings. This is further supported by the same source:  &gt;\"\"The value of assets held within IRAs and DC plans are among the most significant compo-nents of many families\u2019 balance sheets and are a significant determinant of their future retirement security.\"\"  Ibid (page 20, PDF page 20 of 41)  There is also a break down of holdings by asset type on page 16, PDF page 16 of 41.  * [This data is skewed by the top 10% who keep more of their wealth in different asset types.](http://www2.ucsc.edu/whorulesamerica/power/wealth.html) For a breakdown between the 1st, 10th, and 90th percentiles see **table 3.**  So far it seems pretty hard to maintain a large percent of americans have their wealth stored outside of savings accounts, mattresses aside.  * [Here's my original reply as to the breakdown of americans assets by type and percent holding.](https://imgur.com/a/DsLxB) Note this assumes people *have* assets. [Source for images/data.](https://www.census.gov/people/wealth/data/dtables.html)  Most people use savings accounts, with runner up falling to checking accounts. This will segue into our next topic which is the problem of unbanked/underbanked households.  * [A large number of individuals have no assets; breaking down by asset types assumes people *have* assets in the first place.](https://www.fdic.gov/householdsurvey/)  To quote the FDIC:  &gt;*\"\"Estimates from the 2015 survey indicate that 7.0 percent of households in the United States were unbanked in 2015. This proportion represents approximately 9.0 million households. An additional 19.9 percent of U.S. households (24.5 million) were underbanked, meaning that the household had a checking or savings account but also obtained financial products and services outside of the banking system.\"\"*  That's right there are millions of households *so finance savvy* they don't even have bank accounts! Obviously it's because of low interest rates. Also, most people have a checking account as well as savings account, the percent with \"\"checking and savings\"\" was 75.8% while those with \"\"checking only\"\" were 22.2% (page 25, PDF page 31 of 88). It's possible in some surveys people keep all their money in checking, but given other data sources, and the original claim this fails to hold up. If the concern was interest rates it makes no sense to keep money in checking which seldom pays interest.  This survey also directly addresses the issue of \"\"emergency savings\"\":  &gt; *\"\"Overall, 56.3 percent of households saved for unexpected  expenses or emergencies in the past 12 months.\"\"* (page 37, PDF page 43 of 88)  Furthermore:  &gt;*\"\"Figure 7.2 shows that among all households that saved for  unexpected expenses or emergencies, savings accounts  were the most used savings method followed by checking  accounts:* **more than four in five (84.9 percent) kept savings  in one of these accounts.** *About one in ten (10.5 percent)  households that saved maintained savings in the home, or  with family or friends.\"\"*   Emphasis added.  * [Why don't people have wealth in different asset classes? Well they don't save money.](http://cdn.financialsamurai.com/wp-content/uploads/2014/06/savings-rates-by-wealth-class.png)  This is further supported by the OECD data:  * [Americans \"\"currency and deposits\"\" are 13% vs 5.8% for \"\"securities and other shares\"\" as % of total financial assets.](https://data.oecd.org/hha/household-financial-assets.htm)  Additionally:  * [Interest earning checking accounts: 44.6% of american households (second image)](https://imgur.com/a/DsLxB)  * [\"\"Among all households that saved for unexpected expenses or emergencies, savings accounts were the most used  savings method followed by checking accounts...\"\" (page 7, PDF page 13 of 88)](https://www.fdic.gov/householdsurvey/2015/2015report.pdf)  * ~70% saved for an emergency with a savings account vs ~24% who used checking. *Ibid.*  In fairness the FDIC link does state *banked* americans were more likely to hold checking accounts than savings accounts (98% vs ~77% respectively) but that doesn't mean they're earning interest in their checking account. It's also worth noting median transaction account value was for 2013 (this is the federal reserve data) $4100.\""}
{"_id": "207815", "title": "", "text": "You will find Joe.E, that rents have increased considerably over the last 4 to 5 years in Australia. You can probably achieve rental yields of above 5% more than 20km from major Cities, however closer to cities you might get closer to 5% or under. In Western Sydney, we have been able to achieve rental yields close to 7%. We bought mainly in 2007 and 2008 when no one was buying and we were getting properties for 15% to 20% below market rates. As we bought cheap and rents were on the increase we were able to achieve higher rental yields. An example of one particular deal where we bought for $225K and rented for $300/wk giving us a yield of 6.9%. The rent is now $350/wk giving us a current yield of 8%, and with our interest rate at 6.3% and possibly heading down further, this property is positively geared and pays for itself plus provides us with some additional income. All our properties are yielding between 7.5% to 8.5% and are all positively geared. The capital gains might not be as high as with properties closer to the city, but even if we stopped working we wouldn't have to sell as they all provide us income after paying all expenses on associated with the properties. So in answer to your question I would be aiming for a property with a yield above 5% and preferably above 6%, as this will enable your property/ies to be positively geared at least after a couple of years if not straight away."}
{"_id": "207820", "title": "", "text": "I don't know if this is exactly what you're looking for but Seedrs sorta fits what you're looking for. Private companies can raise money through funding rounds on Seedrs website. It wouldn't necessarily be local companies though. I've only recently found it myself so not sure if it has a uk or European slant to it. Personally I think it's a very interesting concept, private equity through crowd funding."}
{"_id": "207848", "title": "", "text": "A. Bank transfer is the normal way to do it. The Law Society will (eventually) make good any losses incurred on money held by solicitors acting fraudulently, so your money should not be at risk, provided you make sure to transfer the money to the account number your solicitor gave you. B. It's not just normal but essential to transfer the money before exchanging contracts, since the deposit has to be paid by your solicitor to the vendor's solicitor as part of the  exchange process. You can't wait to pay the deposit until after you've exchanged, because you haven't exchanged until you've paid the deposit. C. If you really want to put down the 10% deposit now and pay the rest upon completion, that should be possible -- talk to your solicitor about it."}
{"_id": "207852", "title": "", "text": "\"Except that they underreported the initial amount of people affected by this incentive program as evidence by this article we're all commenting on, which doesn't seem like an \"\"overcorrection\"\" to me.  Edit: Credit unions are generally a better option than for-profit banks.  Edit: I feel like saying \"\"some employees\"\" is a bit disingenuous considering an estimated 3.5 mil customers were impacted.\""}
{"_id": "207853", "title": "", "text": "You can become an activist share holder with as little as one share depending on your strategy an example of this was Hugh Fearnley-Whittingstall (excellent name) vs Tesco (a huge supermarket, think walmart). He purchased one share which gave him the right to table a resolution at the AGM, then used the media to beat Tesco into submission over his particular issue however very few of the institution share holders (think large banks, pension funds, insurance companies) voted in favor so he failed miserably, but Tesco later caved slightly through fear of bad press. Also Carl Icahn is pretty well noted for doing things like this.  Regarding the amount of money, you would need to raise a hell of a lot to buy enough shares to have anything like enough of a block to influence the company directly, but to attend the AGM, ask questions and generally be a pain in the ass you only need modest amount of shares, in some cases just one share."}
{"_id": "207882", "title": "", "text": "Actually What you Can do here, Deposit the money to someones account who has an Account in abroad and Linked to Master Card.  Or Another option is You can take help from two banks Standard Chartard or HSBC, they provide  RFCD Account, which is a Dollar Account and International Cards which you can use in abroad."}
{"_id": "207884", "title": "", "text": "I think the points that Edward Conard was making was that the higher the rate investors are taxed, the fewer investors are willing to take the risk.  I think the point he should have brought up is that investors and innovators are completely separate. look at facebook, zuckerberg would probably innovate for the sake of innovating, but the people that put money with him would be more wary of the cost/benefit portion. while 2% may not be a big deal to zuckerberg, it might be to his investors."}
{"_id": "207894", "title": "", "text": "\"The actual process of ordering food is probably one of the easiest processes in a restaurant. What's not so easy is understanding the movement of your inventory and ways to minimize your waste to maximize what you order and reduce shrink. That comes down a lot to auditing your product (multiple times a day, even).  Make sure before you approach the owners that you develop a business plan. Jumping the gun too early and trying to get in on their operation will come off as naive. You have to deliver the value of having you as a partner/main franchisor. Check out the movie \"\"The Founder\"\" if you want to see some of that in action (and check out a pretty decent movie to boot). Business owners usually talk numbers so learn to speak their language once you're able to get a grasp on the finances of the business (which you'll more than likely get to do once you get more management experience).\""}
{"_id": "207895", "title": "", "text": "Is this the case for self made guys like Elon Musk? He built his fortune himself but was lucky enough to be born an ambitious super genius in the right place and time. Reminds me of something Buffet said about how his investing skills would be useless if he were born to a poor family in a developing country."}
{"_id": "207910", "title": "", "text": "CPSL understands that your website or your app plays a vital role in your global strategy. By localizing your services to global audience, you can provide a greater user experience and thus attract the target customers. With CPSL as your App localization partner, building a multilingual website that is easy to use and looks good at the same time is easier than ever.  Website:  http://www.cpsl.com/services/website-localization/"}
{"_id": "207914", "title": "", "text": "Since you mentioned moving, you can buy real state very cheap here in Mexico that will give you income monthly. I will tell you some numbers in case you're interested. Now to investments: you can buy houses for rent, and prices are as follows: Average house $25k which will give about $220 monthly of income. Let's say you buy 20 of these that would be $4400 USD monthly. Now you have a very high standard here and you will never have to work again, and each year the income will increase about 2% and you still have $576k left."}
{"_id": "207928", "title": "", "text": "I am newly applying to finance related jobs, my question is, could someone ELI5 what exactly different sectors within finance are? Like capital markets, derivatives, equity research, wealth management. All of this seems overwhelming coming at it at once."}
{"_id": "207929", "title": "", "text": "I agree, one should not let the tax tail wag the investing dog.  The only question should be whether he'd buy the stock at today's price. If he wishes to own it long term, he keeps it. To take the loss this year, he'd have to sell soon, and can't buy it back for 30 days. If, for whatever reason, the stock comes back a bit, he's going to buy in higher.  To be clear, the story changes for ETFs or mutual funds. You can buy a fund to replace one you're selling, capture the loss, and easily not run afoul of wash sale rules."}
{"_id": "207936", "title": "", "text": "I think she misses a little bit in that thee definitely needs to be some middle ground. In due respect she did come from an undergrad at Wharton with a background in banking. By the time she entered the MBA she was well averse in the financial and accounting theory. This knowledge can be very useful to those; however, who chose to pursue the topics she discusses (like design, comp sci, engineering, etc.) as undergrads and are now seeking the business acumen necessary to run organizations.   Further, I would like posits, based on her background, that she likely followed a pretty cookie cutter lifestyle throughout most of her career (excelled academically, followed the path academia laid out, etc.).   Like any other experience, an MBA is what you chose to get out of it. If she believed she would further develop accounting and finance skills having already been a Wharton undergrad and banker, then the fault lies with her. Yes, the pursuit of ideas is extraordinarily valuable to MBA's (and arguably they should focus on it more). However, you are an adult by that point, and you should have the maturity and acumen to chose and understand what you want to get out of your degree, even if that means sacrificing grades..."}
{"_id": "207947", "title": "", "text": "Don't know why you're getting downvoted, wouldn't be worried about a credit crisis until we get bad jobs numbers, so far they've been pretty fucking good. On top of it interest rates are at historic lows. Maybe in the future but not now"}
{"_id": "207963", "title": "", "text": "&gt; I don't think anyone is blaming animal agriculture on its own for global warming issues. At the same time its undeniable at this point to say animal agriculture is not a leading environmental problem, even if it is 'just 14.5% of emissions', the deforestation, the ridiculous amounts of fresh water needed, and the untreated sewage wastage. .   You have the same problem with soybeans ([Geraldes Castanheira, 2013](http://www.sciencedirect.com/science/article/pii/S0959652613003442)), it's a problem with production that affects all agriculture.  And when you look at plant sources of protein they have very similar water use as meat:  Source|L/kg :--|--: Lentils|1,549 US Pork|1,406 US Beef|1,258 Beans|1,108 NL Beef|829 NL Pork|706 Dried peas|526 US Chicken|490 Oatmeal|439 Hemp seed|429 Artichokes|340 NL Chicken|242 Soybean flour|127  From ([Mekonen, 2012](http://waterfootprint.org/media/downloads/Mekonnen-Hoekstra-2012-WaterFootprintFarmAnimalProducts.pdf)) and ([Mekonen, 2010](http://waterfootprint.org/media/downloads/Report47-WaterFootprintCrops-Vol1.pdf)) looking at blue (surface/ground water) and grey (water needed to clear pollutants) water use.  &gt; Also, so your argument is that hey we're producing enough food for everyone even though its an extremely inefficient way of producing calories - so whats to worry about? As much as we'd like to think we have unlimited resources, we don't. Our gluttony is destroying the planet. In addition to the environmental costs, it simply doesn't make sense to allocate the majority of our crops to feed and grow the billions of land animals when we could allocate those crops to foods that can feed people directly.  The point is that we can double the earth population without running out of food, and then we can add another 40% in the US by simply not throwing away the food, then we can optimize land use, and not all land is suitable for growing crops so we get more food by using it for meat.  Food production is simply not an issue.  &gt; You may not like to admit it, vegan and plant-based when it comes to food are the equivalents of 'clean energy', and animal based foods is akin oil and coal. Which is probably why vegan fast food is attracting the biggest investors. It's the future.  An optimized scenario includes meat as not all land is suitable to farming, and you have seafood and wildlife.  At this point being vegan is more like being religious."}
{"_id": "207966", "title": "", "text": "\"Summarized article: Facebook will pay $10 million to settle a proposed class action lawsuit from 5 users who claimed their names, images and other information were used improperly in advertising called \"\"sponsored stories\"\" without giving compensation or a chance to opt out.   A sponsored story is an ad that appears on a user's Facebook page that shows another friend's name, profile picture and a \"\"like\"\" by the friend as an implied endorsement of the company.   The district judge ruled that economic injury could occur through the use of the user's name and likeness in Facebook advertising.   The case, filed in California, reached a settlement in May but the terms were not disclosed until recently. The proposed class action suit could have included almost 1 of every 3 Americans totaling billions of dollars in damages.   The $10 million settlement will be given to charity.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit\""}
{"_id": "207990", "title": "", "text": "Yeah, I read that sentence a few times and still don't get what he was trying to say.  I don't think he intended to say that autonomous vehicles aren't safer.  Even the mainstream press is aware that they're expected to be much safer, and articles about autonomous cars usually mention improved safety as an expected benefit."}
{"_id": "207992", "title": "", "text": "With a check, there are limits on cashing the stale check, but that is set by the banks involved. With a debit card transaction, it will be up the the debit card company and your bank. Imagine a situation where a person finds an old check and tries to cash it at their bank. If the bank considers the check stale, they might reject it, or put a longer hold on the check. When the check writers bank gets the transaction, they will also decide what to do. If they reject it, the first bank will reverse the transaction. You can't count on a 90 day, or 180 day limit; most banks will ask you to put a stop payment on an old check that you don't want cashed. This is especially important step if you write a replacement check. Because there is no check number to put a stop payment on, in fact the temporary hold will fall off after a few days. There doesn't appear to be a way to stop an old transaction. Be careful if you do contact the restaurant, you could end up double paying for the meal if they swipe your card again.  Your best option may be just to keep the transaction as pending."}
{"_id": "207996", "title": "", "text": "If you're looking for a high quality, affordable and custom made kitchen right here in Brisbane, then look no further. Our team of professional tradesmen is Brisbane's leaders in kitchen design and renovation. We'll start by working closely with you to design a custom look that is right for your house, and that makes the most of the space available. Next, we'll carefully construct the cabinets in our purpose built facility. And finally, we'll install them in your home, transforming the way you cook forever. Call us today to find out more."}
{"_id": "207997", "title": "", "text": "You can ask the client to pay you through the LLC. In that case you should invoice them from the LLC and have them pay the invoice. If they pay you personally, you can always make a capital contribution to the LLC and use that money to buy equipment. The tax implications for a single person LLC providing professional services are the same for you either way: income is income whether it's from your LLC or an employer. It's different for the employer if they are giving you a W2 vs a 1099. So it doesn't matter much for you. If the LLC is buying equipment, make sure you get enough revenue through the LLC to at least offset those expenses."}
{"_id": "208002", "title": "", "text": "Ok yeah that's what I believe as well you just put it in better words.This is going to happen if it already doesn't already.The update is just a legal way for insta to cover themselves which is a smart move considering the whole Fyre thing  It's social media, brands popping up could easily be coincidences"}
{"_id": "208015", "title": "", "text": "Put simply, the advice to never sell a home in CA is based on  Note that #2 is unusual:  property taxes that do not change as the home value rises came about because of a voter ballot measure,  CA Prop 13.  So in California, selling your home will expose the buyer of your home to more property taxes than you had to pay.   This has some odd consequences: This is all fairly unique.  I know property taxes in Tennnessee change as the home increases in value."}
{"_id": "208019", "title": "", "text": "Actually, that's impossible; such laws would (and do) constitute prior restraint of trade - no city council would enact such a law, as it's asking for a lawsuit, and is patently illegal and legally indefensible.  In the state of California, the state vehicle code says very specifically that municipalities may ONLY regulate food trucks (or any kind of otherwise legal mobile vendor) for purposes of public safety and health; they cannot legislate competition, or enact laws that favor one type of (established) business against another type of (new, usually) business.  This is why the past 8 lawsuits against municipalities, asking that time limits etc. be abolished, have all been won - either at first or in appeal (and in the case of LA, both) on behalf of the truck operators ... there is no way to argue that a 15 minute or 30 minute limit benefits public health/safety but a 2 hour limit does not.  Laws that say the trucks can't park too near an intersection as they may block drivers' view, that sort of thing is fine - it can easily be argued that such regulation benefits public safety. Same thing with the trucks around schools - as long as other types of large vehicles are also restricted."}
{"_id": "208050", "title": "", "text": "\"I have bought and sold 18 homes. Yes it sounds like a lot some were flips, some turned to rentals and we have moved many many times. I have had home warranties when the seller offered them. In my experience the warranty company does as little as possible.  For example, hot water heaters; you call the warranty company because the hot water heater is making ticking noises, and its running the gas all the time and you still can't take a 5 minute shower with out running out of hot water. These are all signs that the water heater is full of slide and its gong to blow and flood where ever it happens to be. Will you get a new hot water heater? No, you will pay the $75 for the service call the warranty company will not replace it because \"\"it still works\"\". Now after it has flooded you basement or garage, front hall or where ever then they will replace it but not pay for any damage that has occurred.  Same for other things. You can pay that service fee over and over for some slap stick repair that after all the fees and hassle of missing work to wait on the repair person well it would have been cheaper to just pay for a replacement.\""}
{"_id": "208051", "title": "", "text": "Shanghai can not be the international financial center of China, or China's inbound/outbound trade, as long as it does not have rule of law.  Even Chinese corporates go to Hong Kong to sign contracts because the commercial legal system is efficient, fair, and predictable.  Shanghai is a city (and a great one, no doubt!) doing business in a restricted, capital-controlled currency, under a legal system which is corrupt and arbitrary.  You wouldn't want to get into a dispute there with, say, Bank of China.  When there is a trusted legal system in China then finance will follow.  Meanwhile, show me anyone who wants to sign an ISDA agreement under Chinese law, subject an international bond indenture to Chinese law (rather than New York or English law), or do a securitization using Chinese law or counterparties.  HK's biggest problem may be that the Mainland is imperiling rule of law in the SAR.  If that is lost, the city has no reason to exist."}
{"_id": "208067", "title": "", "text": "Muscle memory is hard to abandon. Who spent years developing a model understandably wants to maintain control and automatism. Thus my original question: how and at what conditions you transitioned a team from embedded formulas to a proper separation? In my experience when you demonstrate data has become increasingly erroneous as manual updates progressed. And when lack of collaboration features where perceived with enough pain."}
{"_id": "208070", "title": "", "text": "I think your confusion has arisen because in every transaction there is a buyer and a seller, so the market maker buys you're selling, and when you're buying the market maker is selling. Meaning they do in fact buy at the ask price and sell at the bid price (as the quote said)."}
{"_id": "208073", "title": "", "text": "Situations arise each day over which individuals have no control, but LocalBlox is providing neighbors in over 60,000 communities nationwide with the tools to connect, warn and inform their fellow residents of circumstances that can impact their health, safety and well-being."}
{"_id": "208081", "title": "", "text": "I would think a depressed housing market might be the BEST time to buy, is this not correct? There are foreclosures where banks are letting houses go for half of their standard value, and are offering some of the lowest interest rates ever. In a strong economy you could be looking at around 10% APR, I see this as a situation where it's a buy low sort of time."}
{"_id": "208100", "title": "", "text": "The real problem is everyone thinks they need a degree. A lifelong of crippling student debt is an indicator you had no business being in college. Its hard for people in America to accept that their time just isnt worth all that much."}
{"_id": "208107", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.economicsherald.com/canadian-inflation-is-accelerating-in-september-2017/) reduced by 55%. (I'm a bot) ***** &gt; The Canadian inflation is accelerating at a slower than expected rate in September 2017, according to the data from the national statistics office.  &gt; The consumer prices rose by 0.2% on a monthly basis, after the previous month&amp;#039;s increase was 0.1% and against estimates for growth of 0.3%. On an annual basis, Canadian inflation is 1.6%, which corresponds to expectations and is more than the 1.4% CPI growth in August.  &gt; On an annual basis, underlying inflation slowed from 0.9% in August to 0.8% in September.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/789pqx/canadian_inflation_is_accelerating_in_september/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233666 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **basis**^#1 **inflation**^#2 **expected**^#3 **growth**^#4 **September**^#5\""}
{"_id": "208124", "title": "", "text": "\"Nope, not deductible. It's true that some investment expenses are deductible, mainly as \"\"miscellaneous itemized expenses\"\", though only the amount that exceeds 2% of your adjusted gross income.  But as explained in IRS Pub 550, which lays out the relevant rules: Stockholders' meetings.   You cannot deduct transportation and other expenses you pay to attend stockholders' meetings of companies in which you have no interest other than owning stock. This is true even if your purpose in attending is to get information that would be useful in making further investments.\""}
{"_id": "208128", "title": "", "text": "\"All programs are very important for you and your guest. If you organize your program at night, then you will need light service. \"\"Disco Henry\"\" is the best platform for you! You can Sound &amp; Light Hire any time. We provide the best Dj and light service in the United Kingdom. We can help you find a Disc Jockey and light service in your local area for your next program.\""}
{"_id": "208131", "title": "", "text": "\"Yeah, it is probably best to keep away from Meyer International. It is apparently connected to some kind of business called \"\"Royal Siam Trust.\"\" If you do any online research about Royal Siam Trust, the words \"\"scam\"\" and \"\"fraud\"\" seem to appear an awful lot. The name \"\"Richard Cayne\"\" comes up as well. Not a good sign.....\""}
{"_id": "208135", "title": "", "text": "NN/ES based approaches are much more non-transparent compare to traditional statistical learning approaches.     Worse are the RL algos (i.e., actual learning instead of just classification), most dont have closed form formuli and are not optimal.     Machine learning 1.0/big data was limited by data and compute. Machine learning 2.0 is only limited by compute."}
{"_id": "208151", "title": "", "text": "Will never be a Uber customer. I prefer my taxis to be a sustainable business, where drivers make an actual wage, which is above the minimum hourly rate for 17 year old kids.  Currently the most efficient Uber driver can make around 10 cents per mile, in net income. Or less than $4 an hour, even if driving non-stop."}
{"_id": "208162", "title": "", "text": "\"Why don't they raise wages then? Adjust the prices for labor costs and call it a day? Working fast food you're not exactly building valuable workplace skills and your life is more or less on hold, they may as well pay you enough to exist. There is also the question of making sure it's relatively isolated to the area. You can live off working at McDonalds for $10/hr in someplace like Missouri where the COL is super low but as soon as you go someplace like the city that becomes starvation wages.              I think companies like the leverage of starvation wages though, it creates a situation where the worker doesn't have anywhere to go and no time to work upward creating a perpetual cycle of working for low wages and being unable to mobilize. I think companies like this because it may reduce turnover. Raising the wages a little more gives people room to develop skills and bounce. At most of my jobs the managers openly talked about not promoting people in school \"\"because they were just gonna leave anyways\"\" which about sums up how I feel about it.\""}
{"_id": "208165", "title": "", "text": "50 (dollars, Euros?) is a very small amount to invest. The first time I ever bought stock I picked a winner. It went up by about 40% in the first few months. I sold it and lost money. How? I only bought 10 shares at $7.50 each. The profit was less than the two commissions for buying and selling (about $17 a piece). If you are thinking of buying individual stocks, You simply need to save up more money before it will be practical. If you are not trying to beat the market, which is probably not something an amateur like you or I should attempt, then you should consider low cost index funds. I have money in mutual funds, some of which, have as low as a $100 minimum investment. I have moved entirely away from picking stocks. It was a good experience and I could afford to lose the money, but as a long term strategy, it just was not working for me. Note: This is coming from an American. If this somehow does not apply in Europe..."}
{"_id": "208169", "title": "", "text": "It's not so much a credit card, but a financial institution's online platform that either provides this functionality or not. The following Canadian financial institutions show an itemized list of pre-authorized transactions (not an exhaustive list):  The following institutions show a total value of pre-authorized transactions: Most other institutions show the available credit (e.g. Chase Financial used by Amazon Rewards), which give an indication of how much you have to spend. By subtracting the current balance and the available balance from the total credit limit, you can get an indication of the total amount of pre-authorized transactions. Example: $1000 - $500 - $400 = $100 is the amount of pre-authorized transactions. From TD's EasyWeb demo (http://tdeasywebdemo.com/v2/#/en/PFS/accounts/activity/chq), it appears that they don't include pre-authorized transactions in the Available Credit. You can verify for yourself by logging in to online banking after you make a purchase and comparing the Available Credit to [Credit Limit - Current Balance]. If it is equal, then they don't include, if it is different (most likely for the value of the transaction), then they do."}
{"_id": "208176", "title": "", "text": "\"While your implications make wrist-band.com (local wristbrand/lanyard company out of Sugar Land, lmao) seem a goliath, they're a nobody small company with a shitty business model.  So let's not act like small businesses are being driven out of business when the opposite is true.    Anyways, (god I can't take this serious, \"\"profits\"\" in this context is so hilarious, I doubt the money coming from a lanyard company is just rolling in the dough) it's real simple; Google is a huge platform that has some safeguards to prevent fraud, blah blah, unethical sellers, what have you.    Therefore, things slip!  If you'd like, why don't you try to go ahead and do something about instead of posting a ridiculous rant.    Here's Google My Business guidelines from a quick search.  I'm sure you can report a business that breaks these guidelines and the appropriate action will take place.    I'm still laughing at the premise of this.\""}
{"_id": "208202", "title": "", "text": "Get a job, if you don't have one right now. Take deductions from your paycheck for an IRA or 401K if the company has one."}
{"_id": "208209", "title": "", "text": "\"I worked on a competing app a few yeas back. The primary use case isn't high-rollers wanting to save some money by selling off unused seats, it's the charter company wanting to recoup costs on completely empty planes. If they fly someone from NYC to Seattle and that person isn't returning to NYC for a week, they aren't just going to leave the plane there for the duration. So they need to reroute the plane to the next pickup point\u2014and usually, they're doing that with no one on the plane, which is a \"\"dead leg\"\" in industry parlance.   The selection is pretty limited (compared to commercial airlines), and due to FAA regulations, they have limits on how far in advance they can advertise, so it's limited to basically 24 hours notice. You'll almost never be able to use any of these services to fly both ways on a trip. All the existing services I'm aware of also require chartering the entire plane, not just getting a seat, which leaves you to try to find a large group of people to share the cost.\""}
{"_id": "208215", "title": "", "text": "Normally, you don't pay capital gains tax until you actually realize a capital gain.  However, there are some exceptions. The exception that affected Eduardo Saverin is the expatriation tax, or exit tax.  If you leave a country and are no longer a tax resident, your former country taxes you on your unrealized capital gains from the period that you were a tax resident of that country.  There are several countries that have an expatriation tax, including the United States.  Saverin left the U.S. before the Facebook IPO. Saverin was perhaps already planning on leaving the U.S. (he is originally from Brazil and has investments in Asia), so leaving before the IPO limited the amount of capital gains tax he had to pay upon his exit.  (Source: Wall Street Journal: So How Much Did He Really Save?) Another situation that might be considered an exception and affects a lot of us is capital gain distributions inside a mutual fund.  When mutual fund managers sell investments inside the fund and realize gains, they have to distribute those gains among all the mutual fund investors.  This often takes the form of additional shares of the mutual fund that you are given, and you have to pay capital gains tax on these distributions.  As a result, you can invest in a mutual fund, leave your money there and not sell, but have to pay capital gains tax anyway.  In fact, you could owe capital gains tax on the distributions even if the value of your mutual fund investment has gone down."}
{"_id": "208216", "title": "", "text": "\"Hearing somewhere is a level or two worse than \"\"my friend told me.\"\"  You need to do some planning to forecast your full year income and tax bill. In general, you should be filing a quarterly form and tax payment. You'll still reconcile the year with an April filing, but if you are looking to save up to pay a huge bill next year, you are looking at the potential of a penalty for under-withholding.  The instructions and payment coupons are available at the IRS site.  At this point I'm required to offer the following advice - If you are making enough money that this even concerns you, you should consider starting to save for the future. A Solo-401(k) or IRA, or both. Read more on these two accounts and ask separate questions, if you'd like.\""}
{"_id": "208219", "title": "", "text": "\"If you are considering this to be an entry for your business this is how you would handle it.... You said you were making a balance sheet for monthly expenses. So on the Balance Sheet, you would be debiting cash. For the Income Statement side you would be crediting Owner's Equity to balance the equation: Assets = Liabilities + Owner's Equity So if you deposited $100 to your account the equation would be affected thus: $ 100 in Assets (Debit to Cash Account) = 0 Liabilities - $100 (Credit to Owner's Equity) It is correctly stated above from the bank's perspective that they would be \"\"Crediting\"\" you account with $100, and any outflow from the bank account would be debiting your account.\""}
{"_id": "208224", "title": "", "text": "\"I don't like buying individual bonds for my own portfolio.  I actually used to buy long-term government strip bonds (Canadas or provincial bonds) but I stopped.  Here are some reasons why: My broker allows me to purchase bonds via their web application.  However, to sell a bond, I had to call in to the fixed-income trading desk.  That was inconvenient.  (But your broker may be different.) Bonds don't typically trade on a formal exchange.  So, there's no cheap & easy way (as far as I know) to get an independent quote for a bond's value \u2013 I had to trust what my broker said my bond was worth when assessing my portfolio performance.   I asked my broker once how they arrive at the \"\"market value\"\" shown \u2013 i.e. whether it was last bid, ask, or actual trade \u2013 and I was told they use a third party bond quotation / valuation information provider for the data, and that quotes are an estimate of what the bond would be worth, based on similar bonds.  I quickly learned that wasn't the value I could actually get when selling it: When you're dealing with your broker to buy and sell bonds, you're likely dealing with theirs or a related investment bank which makes a market for specific issues of bonds.  While I wasn't being charged an explicit commission to buy or sell bonds, it was evident the broker makes money off the spread:  That is, the difference between what they would be willing to sell a bond for and what they would be willing to buy that same bond for.  They will buy your bond back from you cheaper than what they could turn around and sell it to somebody else for.  That's why they don't charge an explicit commission... it's built in and hidden! Anyway, when I finally discovered my broker would seldom actually offer me the \"\"market value\"\" quoted for my bonds (typically, it would be bought back for a few percent less than it were theoretically worth), I gave up.  I don't think bonds simply are liquid enough, nor the costs transparent enough for retail investors.  (Or maybe it's just me :-) However, I do think bonds remain an important part of a diversified portfolio:  Bonds ought to be represented in a diversified portfolio using low-cost bond index mutual funds or exchange-traded funds.  Since these funds buy & sell bonds in large quantities, they get a better deal on the spreads.  So, while you do pay an explicit management fee for a fund, you are probably saving since you're not getting shafted on the spreads.\""}
{"_id": "208261", "title": "", "text": "\"What makes a \"\"standard\"\" raise depends on how well the economy is doing, how well your particular industry is doing, and how well your employer is doing. All these things change constantly, so anyone who says, \"\"a good raise is 5%\"\" or whatever number is being simplistic. Even if true when he said it, it won't necessarily be true next year, or this year in a different industry, etc. The thing to do is to look for salary surveys that are reasonably current and applicable. If today, in your industry, the average annual raise is 3% -- again, just making up a number -- then that's what you should think of as \"\"standard\"\". If you want a number, okay: In general, as a first-draft number, I look for a raise that's 2% or so above the current inflation rate. Yes, of course I'd LIKE to get a 20% raise every year, but that's not going to happen in real life. On the other hand if a company gives me raises that don't keep pace with inflation, than barring special circumstances I'm going to be looking for another job. But there are all sorts of special circumstances. If the economy is in a depression and unemployment in my field is 50%, I'll probably figure I'm lucky to have a job at all and not be too worried about raises. If the economy is booming and all my friends are getting 10% and 20% raises, then I'll want that too. As others have said, in the United States at least, the best way to get a pay raise is to change jobs. I think most American companies are absolutely stupid about this. They don't want to give current employees big raises, so they let them quit, and then hire replacements at a much higher salary than they were paying the guy they just drove to quit. And the replacement doesn't know the company and may have a lot to learn before he is fully productive. And then they congratulate themselves that they kept raises this year to only 3% -- even though total salaries paid went up by 10% because the new hires demanded higher salaries. They actively punish employees for staying with the company. (Reminds me of an article I read in a business magazine by an executive of a cell phone company. He bemoaned the fact that in the cell phone industry it is very hard to keep customers: they are constantly switching to other vendors. And I thought, Duh, maybe it's because you offer big discounts for the first year or two, and after that you jack your prices up through the roof. You actively punish your customers for staying with you more than 2 years, and then you wonder why customers leave after 2 years.) Oh, if you do change jobs: Absolutely do not buy a line of \"\"we'll start you off with this lower salary but don't worry because you'll get a big raise in a year\"\". When you're looking for a job, it's very easy to turn down a poor offer. Once you have taken a job, leaving to get another job is a big decision and a lot of work. So you have way more bargaining power on starting salary than on raises. And the company knows it and is trying to take advantage of it. Also consider not just percentage increase but what you're making now versus what other people with similar experience are making. If people comparable to you are making $50k and you're making $30k, you're more likely to get a big raise than if you're already making $80k. If the company says, \"\"We just don't have the budget to give you a raise\"\", the key question is, \"\"Is that true?\"\" If the company is tottering on the edge of bankruptcy and trying to cut costs everywhere, then even if they know you're a good and productive employee, they may really just not have the money to give you a good raise. But if business is booming, this could just be an excuse. It might be an excuse for \"\"we're trying to bleed employees white so the CEO can get another million dollar bonus this year\"\". Or it might be a euphemism for \"\"you're really not a very useful employee and we're seriously thinking of firing you, no way we're going to give you a raise for the little bit of work you do when you bother to show up\"\". My final word: Be realistic. What matters isn't what you want or think you need, but what you are worth to the company, and what other people with similar skills are willing to work for. If you are doing work that brings in $20k per year for the company, there is no way they are going to pay you more than $20k for very long. You can go on and on about how expensive it is these days to pay the mortgage and pay medical bills and feed your 10 children and support your cocaine addiction, but none of that is relevant to what you are worth to the company. Likewise if there are millions of people out there who would love to have your job for $20k, if you demand a lot more than that they're going to fire you and hire one of them. Conversely, if you're bringing in $100k a year for the company, they'll be willing to pay you a substantial percentage of that.\""}
{"_id": "208263", "title": "", "text": "\"A long time ago, in a galaxy far far away, Rollover IRAs were used for funds that came from (were rolled over from) a 401(k) account or a 403(b) account. All that money (including any earnings in the interim) could be rolled over into a 401(k) plan with a new employer etc.  One could make a regular contribution to a Rollover IRA but once such a commingling of money occurred, none of the money in the Rollover IRA could be rolled over into a 401(k) account etc. In those good old days when contributions to IRAs were made by paper check and \"\"deposit slip\"\", one had to write a letter to the Rollover IRA custodian certifying that the IRA owner understood that the contribution would destroy forever the possibility of rolling over the money into another 401(k) etc. All this went by the wayside a few years ago when the law changed and the distinction between Rollover IRAs and ordinary Traditional IRAs was eliminated. Commingling of IRA contributions and Rollover money from 401(k)s are permitted, and the entire IRA balance could be rolled over into a new 401(k) plan (provided the new plan accepted rollovers). However the adjectives still persist; like chili555, I too have IRAs that are still called Rollover IRA, they all have commingled funds, and if the law ever changes back, none of those IRA accounts would be eligible for rolling over into a new 401(k).\""}
{"_id": "208264", "title": "", "text": "\"Nope.  Sorry.  Trump has been too hypocritical in his dealings, and has behaved poorly.  He isn't a man of honor, and he isn't a studious business man with a clean reputation.  He represents none of the things I look for in leadership.  I want to solve problems, and Trump and Hillary have both shown a proclivity for creating problems.  I voted for neither, as I don't want either of them in office.  That aside, I'd like to find an adequate solution to the issues at hand, not a reason to announce sides to an already divided country.  We shouldn't be saying \"\"Join Trump\"\" or \"\"Hate Trump\"\".  We should be saying, \"\"Let's fix all these issues in a reasonable fashion, that helps and works for all of us, leaving not even the smallest or weakest American out.\""}
{"_id": "208276", "title": "", "text": "\"I had an HSA for two or three years. I found very routinely that my insurance company had negotiated rates with in-network providers. So as I never hit the deductible, I always had to pay 100% of the negotiated rate, but it was still much less than the providers general rate. Sometimes dramatically so. Like I had some blood and urine tests done and the general rate was $450 but the negotiated rate was only $40. I had laser eye surgery and the general rate was something like $1500 but the negotiated rate was more like $500. Et cetera. Other times it was the same or trivially different, like routine office visits it made no difference. I found that I could call the insurance company and ask for the negotiated rate and they would tell me. When I asked the doctor or the hospital, they either couldn't tell me or they wouldn't. It's possible that the doctor's office doesn't really know what rates they've agreed to, they might have just signed some contract with the insurance company that says, yes, we'll accept whatever you give us. But either way, I had to go to the insurance company to find out. You'd think they'd just publish the list on a web site or something. After all, it's to the insurance company's advantage if you go to the cheapest provider. With a \"\"regular\"\" non-HSA plan, they're share of the total is less. Even with an HSA plan if you go to a cheaper provider you are less likely to hit the deductible. Yes, medical care in the U.S. is rather bizarre in that providers routinely expect you to commit to paying for their services before they will tell you the price. Can you imagine any other industry working this way? Can you imagine buying a car and the dealer saying, \"\"I have no idea what this car costs. If you like it, great, take it and drive it home, and in a few weeks we'll send you a bill. And of course whatever amount we put on that bill you are legally obligated to pay, but we refuse to tell you what that amount will be.\"\" The American Medical Association used to have a policy that they considered it \"\"unethical\"\" for doctors to tell patients the price of treatment in advance. I don't know if they still do.\""}
{"_id": "208277", "title": "", "text": "Paslanmaz \u00c7elik \u00d6rg\u00fc Eldiven   Paslanmaz \u00c7elik \u00d6rg\u00fc Eldiven , ba\u011f\u0131ms\u0131z \u00e7elik halkalardan olu\u015fur.Kesici sistemlerde , keskin aletlerin  kullan\u0131m\u0131nda kullan\u0131lan \u00e7elik \u00f6rg\u00fc eldivenler \u00fcst d\u00fczey koruyucu \u00f6zelli\u011fe sahiptir.  Daha \u00e7ok kasap eldiveni olarak bilinen bu \u00fcr\u00fcn , kullan\u0131m alan\u0131 sadece kasaplarla s\u0131n\u0131rl\u0131 de\u011fildir.Di\u011fer kesici  aletlerin oldu\u011fu b\u00fct\u00fcn sekt\u00f6rlerde \u00e7elik \u00f6rg\u00fc eldivenler i\u015f g\u00fcvenli\u011fi i\u00e7in olmazsa olmaz \u00fcr\u00fcnlerden biridir.  Avrupa Birli\u011fi uyum yasalar\u0131  \u00e7er\u00e7evesinde  kesici aletler kullan\u0131m\u0131nda i\u015f g\u00fcvenli\u011fin sa\u011flanmas\u0131 a\u00e7\u0131s\u0131ndan \u00e7elik  \u00f6rg\u00fc eldivenlerin kullan\u0131lmas\u0131 zorunluluk hale gelecektir.   \u00c7elik \u00d6rg\u00fc Eldivenlerin Kullan\u0131m Yerleri : Et i\u015fleme tesisleri , kasaplar ,demir \u00e7elik makina imalat\u0131 yapan   i\u015fyerleri , cam \u00fcretim ve i\u015fleme tesislerinde, el i\u015f\u00e7ili\u011finin yo\u011fun oldu\u011fu sanatlarda, metal i\u015fleme .vb alanlarda  kullan\u0131m\u0131 mevcuttur.   \u00c7elik \u00f6rg\u00fc eldivenler ters y\u00fcz  olarak kullan\u0131labilir.Hem sa\u011f hem sol elde kullanma imkan\u0131 vard\u0131r.  Naylon toka sayesinde \u00e7elik \u00f6rg\u00fc eldivenler istenilen el boyutuna g\u00f6re ayarlanabilir.   \u00c7elik eldivenler , genelde farl\u0131 iki t\u00fcr modele sahiptir.  Birinci model \u00e7elik \u00f6rg\u00fc eldivenler her t\u00fcrl\u00fc el \u00f6l\u00e7\u00fcs\u00fcnde kullan\u0131labilir.   \u0130kinci model \u00e7elik \u00f6rg\u00fc eldivenler ,  s m l gibi \u00f6l\u00e7\u00fclere sahiptir.\u00c7elik eldiven boyutlar\u0131 tamemen kullan\u0131c\u0131n\u0131n el  bilek \u00f6l\u00e7\u00fcs\u00fcne g\u00f6re imal edilir.Bu ikinci modeller birinci modellere g\u00f6re fiyat olarak biraz daha fazlad\u0131r.   \u00c7elik \u00f6rg\u00fc eldivenlerin \u00f6zellikle  \u00c7in de ve Almanya'da \u00fcretimi yap\u0131lmaktad\u0131r.Alman \u00e7elik \u00f6rg\u00fc eldiven  firmalar\u0131 kalitekonusunda olduk\u00e7a iyidir.Alman \u00e7elik \u00f6rg\u00fc eldiven fiyatlar\u0131 \u00c7in \u00e7elik \u00f6rg\u00fc fiyatlar\u0131na g\u00f6re  olduk\u00e7a pahal\u0131d\u0131r.   \u00c7in'de  \u00e7elik \u00f6rg\u00fc eldivenleri standartlara uygun olarak \u00fcreten firmalar da mevcuttur .\u00c7in'deki \u00e7elik \u00f6rg\u00fc eldiven fiyatlar\u0131  toptan al\u0131m ve \u00f6deme y\u00f6ntemine g\u00f6re olduk\u00e7a farkl\u0131la\u015f\u0131r.      ET\u0130KETLER : \u00e7elik eldiven nedir , \u00e7elik eldiven nas\u0131l kullan\u0131l\u0131r,  Ankara \u00e7elik eldiven, Ankara \u00e7elik eldiven fiyat, Ankara \u00e7elik eldiven fiyatlar\u0131, Ankara \u00e7elik eldiven fiyat\u0131, \u00c7elik, \u00e7elik \u00f6rg\u00fc eldiven, \u00e7elik \u00f6rg\u00fc eldiven fiyat, \u00e7elik \u00f6rg\u00fc eldiven fiyatlar\u0131, \u00e7elik \u00f6rg\u00fc eldiven fiyat\u0131, \u00e7elik eldiven, \u00e7elik eldiven fiyat, \u00e7elik eldiven fiyatlar\u0131, \u00e7elik eldiven fiyat\u0131, \u00e7elir \u00f6rg\u00fc eldiven ithalat\u0131, Bursa \u00e7elik \u00f6rg\u00fc eldiven, Bursa \u00e7elik \u00f6rg\u00fc eldiven fiyat, Bursa \u00e7elik \u00f6rg\u00fc eldiven fiyatlar\u0131, Bursa \u00e7elik \u00f6rg\u00fc eldiven fiyat\u0131, Bursa \u00e7elik eldiven, Bursa \u00e7elik eldiven fiyatlar\u0131, Bursa \u00e7elik eldiven fiyat\u0131, D\u00fczce \u00e7elik eldiven, D\u00fczce \u00e7elik eldiven fiyat, D\u00fczce \u00e7elik eldiven fiyatlar\u0131,kasap \u00e7elik \u00f6nl\u00fck, kasap \u00e7elik \u00f6nl\u00fck fiyat, kasap \u00e7elik \u00f6nl\u00fck fiyatlar\u0131, kasap \u00e7elik \u00f6nl\u00fck fiyat\u0131, kasap \u00e7elik \u00f6rg\u00fc eldiven, kasap \u00e7elik \u00f6rg\u00fc eldiven fiyat, kasap \u00e7elik \u00f6rg\u00fc eldiven fiyatlar\u0131, kasap \u00e7elik \u00f6rg\u00fc eldiven fiyat\u0131, kasap \u00e7elik eldiven, kasap \u00e7elik eldiven fiyat, kasap \u00e7elik eldiven fiyatlar\u0131, kasap \u00e7elik eldiven fiyat\u0131, koruyucu eldiven,koruyucu eldiven fiyat, koruyucu fiyatlar\u0131, \u0130stanbul \u00e7elik \u00f6rg\u00fc eldiven fiyatlar\u0131, \u0130stanbul \u00e7elik eldiven fiyat, \u0130stanbul \u00e7elik eldiven fiyatlar\u0131, \u0130stanbul \u00e7elik eldiven fiyat\u0131,\u0130zmir \u00e7elik \u00f6rg\u00fc eldiven, \u0130zmir \u00e7elik \u00f6rg\u00fc eldiven fiyat, \u0130zmir \u00e7elik \u00f6rg\u00fc eldiven fiyat\u0131, \u0130zmir \u00e7elik eldiven, \u0130zmir \u00e7elik eldiven fiyat, \u0130zmir \u00e7elik eldiven fiyatlar\u0131, \u0130zmir \u00e7elik eldiven fiyat\u0131,kasap eldiveni , kasap eldiveni fiyatlar\u0131  i\u015f g\u00fcvenli\u011fi ekipmanlar\u0131,  argon kaynak\u00e7\u0131 eldivenleri,  sakarya ya\u011fmurluk,  adapazar\u0131 i\u015f g\u00fcvenli\u011fi,  i\u015f g\u00fcvenli\u011fi elbiseleri,  i\u015f g\u00fcvenli\u011fi kafa koruyucular,  adapazar\u0131 i\u015f eldiveni,  puset ya\u011fmurluk,  i\u015f g\u00fcvenli\u011fi e\u011fitimleri,  i\u015f g\u00fcvenli\u011fi e\u011fitimi, bal\u0131k\u00e7\u0131 ya\u011fmurluklar\u0131,  4190 nitril i\u015f eldiveni,  adapazar\u0131 ya\u011fmurluk \u00e7e\u015fitleri,  i\u015f g\u00fcvenli\u011fi dersi,  i\u015f g\u00fcvenli\u011fi dan\u0131\u015fmanl\u0131\u011f\u0131,  i\u015f g\u00fcvenli\u011fi,  i\u015f g\u00fcvenli\u011fi levhalar\u0131,  i\u015f g\u00fcvenli\u011fi malzemeleri,  i\u015f g\u00fcvenli\u011fi tulumlar\u0131,  i\u015f g\u00fcvenli\u011fi uzman\u0131,  Sakarya i\u015f g\u00fcvenli\u011fi ekipmanlar\u0131,  Sakarya i\u015f g\u00fcvenli\u011fi elbiseleri,  Sakarya i\u015f g\u00fcvenli\u011fi malzemeleri,  cerrahi eldiven,  deri eldiven,  deri i\u015f eldiveni, diadora kaleci eldiveni,  eldiven \u00e7e\u015fitleri,  eldiven,  eldivenler,  invert\u00fcr eldiven,  i\u015f eldiveni,  i\u015f eldivenleri,  itfaici eldivenleri, kaynak eldivenleri,  kesilmez ve yanmaz eldivenler,  kevlar \u0131s\u0131ya dayan\u0131kl\u0131 eldiven 27 cm,  k\u0131sa kon\u00e7 argon kaynak\u00e7\u0131 eldiveni, kimyasallara dayan\u0131kl\u0131 hassas i\u015f eldivenleri,  kot eldivenler,  lateks caml\u0131 eldiven,  miflon eldivenler,  muayene eldivenleri,  nitril eldiven,  nitril eldivenler,  nitril i\u015f eldiveni,  nitril kapl\u0131 kesilmez kevlar eldiven,  nitril kimyasal eldiveni,  reusch kaleci eldiveni, sar\u0131 nitril eldiven,  selex kaleci eldiveni,  selex kaleci eldivenleri,  welder deri kanak\u00e7\u0131 eldivenler,  g\u00f6z koruyucular\u0131,  deri kaynak\u00e7\u0131 ba\u015fl\u0131klar\u0131,  deri kaynak\u00e7\u0131 \u00f6nl\u00fck,  deri kaynak\u00e7\u0131 tozlu\u011fu,  kaynak\u00e7\u0131 ekipmanlar\u0131,  kaynak\u00e7\u0131 g\u00f6zl\u00fc\u011f\u00fc,  kaynak\u00e7\u0131lar, adapazar\u0131 i\u015f elbiseleri bask\u0131,  i\u015f elbise,  i\u015f elbise \u00e7e\u015fitleri,  i\u015f elbiseler,  i\u015f elbiseleri,  i\u015f elbiseleri fiyatlar\u0131,  i\u015f elbiseleri sat\u0131\u015f,  i\u015f elbiseleri \u00fcretimi,  i\u015f elbisesi,  i\u015f elbisesi imalat\u0131,  i\u015f elbisesi tulum,  kimyasallara dayan\u0131kl\u0131 i\u015f elbiseleri,  sakarya i\u015f elbise,  Sakarya i\u015f elbiseler,  sakarya i\u015f elbiseleri,  sakarya i\u015f elbiseleri bask\u0131,  sakarya i\u015f elbiseleri fiyatlar\u0131,  sakarya i\u015f elbiseleri imalat\u0131,  sakarya i\u015f elbiseleri sat\u0131\u015f,  sakarya i\u015f elbisesi,  Sakarya i\u015f elbisesi imalat\u0131,  Sakarya i\u015f elbisesi tulum,  toptan i\u015f elbiseleri imalat\u0131,  sakarya ya\u011fmurluk \u00e7e\u015fitleri,  Ya\u011fmurluk,  ya\u011fmurluk \u00e7e\u015fitleri,  ya\u011fmurluk imalat\u00e7\u0131lar\u0131,  ya\u011fmurluk imalat\u00e7\u0131s\u0131,  ya\u011fmurluk imalat\u0131, ya\u011fmurluk \u00fcreticileri,  ya\u011fmurluk \u00fcretimi,  ya\u011fmurluk\u00e7ular,  sakarya d\u00fc\u015fme engelleyiciler,  sakarya halat fren sistemi,  sakarya lamyard \u015fok emiciler,  sakarya tripod,  sakarya el koruma,  sakarya g\u00f6z koruma,  sakarya el koruyucu,  sakarya g\u00f6z koruyucu,  sakarya kafa koruyucu,  sakarya kulak koruma,  sakarya kulak t\u0131kac\u0131 da\u011f\u0131t\u0131c\u0131lar\u0131,  sakarya kulak t\u0131ka\u00e7lar\u0131,  sakarya kulakl\u0131klar,  sakarya vucut koruma, sakarya i\u015f pantolonlar\u0131,  sakarya i\u015f ye\u015fekleri,  sakarya i\u015f \u00f6nl\u00fckleri,  sakarya i\u015f g\u00fcvenlik k\u0131yafetleri, adapazar\u0131 i\u015f g\u00fcvenli\u011fi,  adapazar\u0131 i\u015f g\u00fcvenli\u011fi e\u011fitimi,  adapazar\u0131 i\u015f g\u00fcvenli\u011fi e\u011fitimleri,  adapazar\u0131 i\u015f g\u00fcvenli\u011fi uzmanl\u0131\u011f\u0131,  i\u015f g\u00fcvenli\u011fi,  i\u015f g\u00fcvenli\u011fi dan\u0131\u015fmanl\u0131\u011f\u0131,  i\u015f g\u00fcvenli\u011fi dersi,  i\u015f g\u00fcvenli\u011fi e\u011fitimi,  i\u015f g\u00fcvenli\u011fi e\u011fitimleri,  i\u015f g\u00fcvenli\u011fi uzman\u0131,  sakarya i\u015f g\u00fcvenli\u011fi e\u011fitimi,  sakarya i\u015f g\u00fcvenli\u011fi e\u011fitimleri,  sakarya i\u015f g\u00fcvenli\u011fi uzmanl\u0131\u011f\u0131,  adapazar\u0131 uyar\u0131 ve i\u015f g\u00fcvenli\u011fi levhalar\u0131,  i\u015f g\u00fcvenli\u011fi ekipmanlar\u0131,  i\u015f g\u00fcvenli\u011fi elbiseleri,  i\u015f g\u00fcvenli\u011fi kafa koruyucular,  i\u015f g\u00fcvenli\u011fi levhalar\u0131,  i\u015f g\u00fcvenli\u011fi malzemeleri,  i\u015f g\u00fcvenli\u011fi tulumlar\u0131,  Sakarya i\u015f g\u00fcvenli\u011fi ekipmanlar\u0131,  Sakarya i\u015f g\u00fcvenli\u011fi elbiseleri,  Sakarya i\u015f g\u00fcvenli\u011fi malzemeleri,  sakarya uyar\u0131 ve i\u015f g\u00fcvenli\u011fi levhalar\u0131,  18001 i\u015f sa\u011fl\u0131\u011f\u0131 ve g\u00fcvenli\u011fi,  i\u015f sa\u011fl\u0131\u011f\u0131 ve g\u00fcvenli\u011fi,  i\u015f g\u00fcvenli\u011fi uzman\u0131 istiham\u0131,  mevcut durum de\u011ferlendirme,  risk de\u011ferlendirme \u00e7al\u0131\u015fmalar\u0131,  saha denetim ve iyile\u015ftirme,  temel i\u015f sa\u011fl\u0131\u011f\u0131,  g\u00fcvenlik e\u011fitimi,  acil durum plan\u0131 \u00e7al\u0131\u015fmalar\u0131,  acil durum e\u011fitimleri,  yang\u0131n e\u011fitimi,  yasal y\u00fck\u00fcml\u00fcl\u00fck takibi,  i\u015fyeri hekimi istihdam\u0131,  i\u015fyeri di\u011fer sa\u011fl\u0131k personeli,  sabit ve mobil sa\u011fl\u0131k taramalar\u0131,  poliklinik hizmetleri, birinci basamak sa\u011fl\u0131k hizmetleri,  acil m\u00fcdahele,  meslek hastal\u0131klar\u0131 e\u011fitimleri,  koruyucu sa\u011fl\u0131k e\u011fitimleri,  sa\u011fl\u0131k raporlar\u0131, temel ilkyard\u0131m e\u011fitimi"}
{"_id": "208296", "title": "", "text": "My main criterion for choosing a broker is the fee schedule. I care about investing in index funds and paying as little as possible in fees. In the US that brings everyone to Vanguard or Fidelity, and currently Vanguard edges Fidelity out on costs for the particular funds I am invested in."}
{"_id": "208299", "title": "", "text": "\"No surprise - a new generation of managers must plump their r\u00e9sum\u00e9s with buzzwords, and \"\"outsourcing\"\" sounds as cutting edge as \"\"Victrola\"\" or \"\"carburetor\"\" these days. Plus, it requires larger on-shore resources to explain things over and over to the offshore workers, and they're running out of folks to outsource.  So, since all managers are dynamic innovators, we need a new concept and a new shovel-ready buzzword. Voila!\""}
{"_id": "208319", "title": "", "text": "Yeah, my bet is that there's some dirty laundry there. They literally just released great numbers for the quarter and it looked like they were coming out of the metaphorical well.  No announcement in advance, nothing. The COO too? Seems really fishy to me."}
{"_id": "208331", "title": "", "text": "It is known as the range or the price spread of the stock. You can read more about it here http://www.investopedia.com/terms/r/range.asp"}
{"_id": "208332", "title": "", "text": "\"I recently bought a ticket to a really good soccer game on Vivid Seats, since Ticketmaster, the official vendor, was \"\"sold out\"\". In reality, scalpers had purchased huge swaths of ticket real estate and were selling thousands of tickets on resale sites. Ticket was $220. Fee was $50.  I never go to big events, so didn't realize that was the model. As a sort of first-timer coming in, the whole thing seemed ridiculous, knowing I was paying an inflated price, and that the app charges $50 so a ticket appears on my phone.\""}
{"_id": "208346", "title": "", "text": "Seriously? This is what my taxes go to? Telling private companies how loud their commercials should be. If their commercials are too loud do I also pay of a dude to call them up and fine them? If they don't pay do I also pay of an attorney to represent them? And if they lose in court do I pay of a jail to house them?   Why not just be a big boy and turn the volume down when it's too loud.   What's next, I buy a CD and it has to be a constant level? If one track is louder and it upsets me I can ask the government to regulate how loud CD's are!!   **FUCKING REGULATE IT YOURSELF, WITH YOUR GOD DAMN REMOTE CONTROL!!**  How fucked up is America? We are talking about something so pointless here."}
{"_id": "208352", "title": "", "text": "&gt;They have somewhat of an idea of what to do, they just can't seem to get it done.  I've seen this first-hand, the car's driving off the cliff and you have the entire executive team at the wheel. They all see it coming, but with all the hands pulling at the wheel the car just goes straight ahead.  The problem isn't that they don't know what to do, it's the questioning and second-guessing of all the decisions being made. There should be a flow of debate-decision-execution in the boardrooms but instead it's debate-decision-debate-decision... until there's no more time and the executive team bails out of the car to save their own skin."}
{"_id": "208360", "title": "", "text": "I would join finance and economics clubs. Network with other Engineering -&gt; IB people. Try to land a sophomore summer finance internship.   When you walk into IB interviews you want to show that you've been focused on this for a while, and your not some goober that decided to apply for the hell of it."}
{"_id": "208374", "title": "", "text": "\"My experience with different brands in the US this year is $250 and $400.  If this is the differential in you choosing a brand for a rental, best to call the reservation number for each contender and ask what their hold will be. I am not sure what a \"\"definitive\"\" answer would be.  There is a tension between \"\"risk mitigation\"\" and \"\"poisoning your brand reputation\"\" that each company will answer differently, and answer differently over time. Even an actuarial answer has to be transformed into company policy through competing soft factors.\""}
{"_id": "208402", "title": "", "text": "While stealing the identities of the deceased for claiming their social security benefits and so on is not new, this is the first I'd heard of someone stealing identities for the purpose of going after their tax refunds. I'd think it wouldn't be that worthwhile, considering the punishment likely if you get caught."}
{"_id": "208407", "title": "", "text": "I genuinely would like to, but this is still a very contentious subject and I am concerned about blowback from my little bit segment of the community. That makes me unwilling to be a whistleblower in a formal setting. Unfortunate situation all around. But there is growing literature on the reproducibility problem, so you can find a lot of commentary and published data on the situation."}
{"_id": "208425", "title": "", "text": "I would like to open an art studio. Not necessarily a gallery, but a place where I can do animation, digital art, branding/logos, and freelance stuff. Also, do some filming there. So an art-production studio.  It's what I enjoy but I live in an area that is too rural for that kijnd of thing. But idk, it might work."}
{"_id": "208431", "title": "", "text": "Bumping the employee portion of the SS tax back up will reduce the amount of money people have to spend, affecting the economy.    Ditto for an increase in the personal income tax.  Last year, the country flirted with going into default over the debt ceiling.  That scared the piss out of the markets."}
{"_id": "208437", "title": "", "text": "You are undeniably wrong. You repeat over and over about taking gen Ed classes for the first two years. That advice, relevant and specific to This thread, greatly diminishes his ability to finish a CS degree on time. Yea he might be able to explore and do classes other than finance ones since he won't be getting into it. But the purpose of this thread is to make a decision between three specific majors. One of those majors requires you to be in classes early to graduate on time. Note: http://www.cs.uic.edu/Main/Courses"}
{"_id": "208450", "title": "", "text": "I understand that, and it is important, but you have to consider their size.  As I mentioned, they are the world's largest private employer now.  They use their size too much to their advantage.  They are a monopoly.  &gt; really. there are no other places a person with that level of training can work?  If there was, we probably wouldn't be having this conversation.  They take so many other businesses out, drive so much wealth to so few, that there is no other place to work for those with that skill-set.  What other discount retailer is there one Walmart has come to town?"}
{"_id": "208499", "title": "", "text": "Take a look at Everbank. They offer CDs and Money Market Accounts denominated in Euros for US residents.  https://www.everbank.com/personal/foreign-currencies.aspx"}
{"_id": "208507", "title": "", "text": "$15 being how much it costs to drive a car about 10 miles, and does not account for a driver's time.  Hilarious shit, from the biggest payday loan scam the planet has ever seen. Because Uber is nothing but a scam where you work your ass off, to steal money from your future self, and give 25% of it to Uber!  But if you think 6 cents a mile is a decent wage for a cab driver (which is what you can make, if you are lucky), then by all means, please sign up!"}
{"_id": "208510", "title": "", "text": "[Nope] (https://blogs.wsj.com/wealth/2010/07/13/worlds-rich-are-hording-10-trillion-in-cash/). It's all hoarded in various index accounts, mostly off-shore for obvious reasons. They want to protect their wealth, which is fine. But if you want to protect wealth you don't invest it all in means of production or real-state, which are both vulnerable to heavy crashes. You keep it protected interest-yielding accounts, in places like the Cayman Islands, or Switzerland."}
{"_id": "208538", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://insight.kellogg.northwestern.edu/article/is-an-unpredictable-leader-good-for-national-security) reduced by 88%. (I'm a bot) ***** &gt; From the U.S. perspective, Baliga points out, &amp;quot;These are two different games. One is a game of escalation; the other is a game of deterrence.&amp;quot; Recognizing this is critical, because each requires a different response.  &gt; As Baliga puts it: &amp;quot;In national security, predictability can definitely pay.\"\"  &gt; &amp;quot;If you are a truly mad leader, why would anyone change their behavior as a function of what you do? If they know you might do something crazy whether they do something you like or not, they might just say &amp;#039;the hell with it, I&amp;#039;ll do whatever I want.&amp;#039; The &amp;#039;madman&amp;#039; actually has to be clever, doing something crazy if you don&amp;#039;t do what he wants and being accommodating if you do. In that case, well, he&amp;#039;s no longer mad.&amp;quot;.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jh8w7/is_an_unpredictable_leader_good_for_national/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~152472 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Baliga**^#1 **might**^#2 **game**^#3 **U.S.**^#4 **more**^#5\""}
{"_id": "208574", "title": "", "text": "\"So tell me, if I am forced to hire, say, people whose religious views I fundamentally oppose (and do not wish support, however indirectly via a paycheck), why is their right to religious expression more valid than mine?  The problem with all \"\"Equal Opportunity\"\" foolishness in the private sector is that it picks some people as being more equal than others ... and THAT is flatly wrong.\""}
{"_id": "208575", "title": "", "text": "If you're a fascist, or some sort of astroturfer then you have to hate anyone who helps the public stand up for themselves. It's hard to see how anybody but the most arch-capitalist billionaire would be against people coming together to enforce what's legally just. I just don't get how a normal human being (potentially effected by things like you listed) could be so anti-lawyer. Doesn't add up."}
{"_id": "208596", "title": "", "text": "&gt;The idea of self-regulating free markets is every bit of a naive utopian idea as anything Karl Marx ever wrote.  Right because the idea that a government could be not-corrupt isn't naive OR utopian.   &gt;People who wish to limit the government have the best interests of corporations at heart.   Because corporations don't already own &amp; control the government?   &gt;There will always be corruption in government, just as there will never be truly free markets.  So get rid of government, and watch how much freer markets become.   &gt;Things are broken right now because the American people have lost faith in our government.  Or perhaps things are broken because the concept of government is flawed and inherently broken."}
{"_id": "208613", "title": "", "text": "When I work hard people say \u201cYou Should Do That Anyways\u201d, not acknowledging the fact that 9/10 people slack.  I think most people who work hard don\u2019t get the credit they deserve. Usually people who are wealthy are born into it, lucky or know the right people and have the right ideas. Hard working people make it too but significantly less people make it from just \u201chard work\u201d.  It all depends on your work ethic and what you\u2019re willing to do in order to achieve your goals and reach your next step. Nice post op."}
{"_id": "208623", "title": "", "text": "The total size of the eurozone economy is $13 trillion, whereas Switzerland'd GDP is about $0.5 trillion, so the eurozone is about 26 times larger.  As such, I would not expect this move to have a large effect on the eurozone economy.  On the margins, this may decrease somewhat eurozone exports to Switzerland and increase imports from Switzerland, so this would be a slight negative for eurozone growth.  Switzerland accounts for 5.2% of the EU's imports, and these imports will now be slightly cheaper, which puts some deflationary pressure on the EU, particularly in the Swiss-specialized industries of chemicals, medicinal products, machinery, instruments and time pieces.  But overall, 5.2% is a rather small proportion. Bottom line, most common eurozone countries' people should probably not fret too much about this announcement. What it means for Switzerland and Swiss citizens, however, is a totally different (and much more interesting) question."}
{"_id": "208633", "title": "", "text": "\"&gt;That is absolutely not the point at all. It is a bridge to the next job. People should not have to sell their homes and move on, especially in this environment, simply because they went without a job for several months more than they expected.  Isn't this what a savings account is for? Are you to tell me that these people don't have enough money built up in a \"\"rainy day\"\" fund? I am about 900k from making a million dollars a year however i still have enough saved up for 8 months of being laid off, so that i DON'T have to get on govt assistance right away. You can't honestly expect me to believe that someone who has this kind of wealth didn't properly plan for this.\""}
{"_id": "208636", "title": "", "text": "5 shareholders with 40% of voting rights wrote a letter asking for him to resign.  This was a forced resignation.  I also think this is a bad sign, because Travis Kalanick is the kind of leader that the best people want to work for, and neutering the company into a corporate-controlled post-growth business isn't going to inspire many people to join."}
{"_id": "208637", "title": "", "text": "\"Pretty much every american \"\"borrows\"\". Credit cards are essential in building credit history and story. Debit cards got popular in the past few years, but most still borrow at least a little bit on credit and pay it off right away.\""}
{"_id": "208645", "title": "", "text": "Fire insurance, as you have discovered, is a complete ripoff. Most people pay fire insurance all their lives with no benefit whatsoever, and those such as yourself who are lucky enough to get a payout find that it is completely insufficient to replace their loss. I once computed the actual beneficial net present financial value of my fire insurance policy and it came out to $40 per month. The cost was $800 per month. That is typical. Homeowners pay $500 to $800 per year for something that is worth $30 to $50 per year. Ironically banks would actually make more money from mortgages if they did not require mortgagees to buy insurance, but nevertheless they insist on it. It is not about logic, but about fear and irrationality. When I paid off my mortgage and gained ownership of my home the first thing I did was cancel my fire insurance. I now invest the money I would have wasted on insurance, making money instead of losing it. Being compelled to throw money down the toilet on fire insurance is one of the hidden costs of a homeowners mortgage in the United States. In your situation, the main option is to borrow the money to rebuild the house using the land as collateral, if the land is valuable enough. Of course, you still owe the money for your original mortgage on your now (non-existent) home. So, to get a home, you will have to have the income to service two mortgages. A loan officer at a reputable bank can tell you whether you have the income necessary to support two mortgages. If you were maxed out on your original mortgage, then you may not have enough income and you are screwed. In that case you will have to go back to renting and gradually paying off your old mortgage. (If it were me, I would sue the insurance company pro se as a way to get the necessary money to rebuild the home, because insurance companies roll over like a $20 hooker when they get sued. Juries hate insurance companies. But I am unusual in that I love courtrooms and suing people. Most people are terrified of courtrooms though, so it may not be an option for you.)"}
{"_id": "208658", "title": "", "text": "Its significantly higher almost  everywhere else in the developed world.   They also work significantly less in other countries, with higher productivity per hour.   It sounds like you're in favor of $5/hr, 50h/week or something similar, which is frankly tantamount to slave labor."}
{"_id": "208669", "title": "", "text": "Who you name as executor of your estate is to your judgment.  If you feel that this friend will execute your wishes, then that's really all that matters. If your friend is your first choice, then name his wife as a back-up (in case something happens to him in the meantime). You can change your executor as long as you're fit to do so, so this isn't a forever decision if you have a falling-out."}
{"_id": "208672", "title": "", "text": "Definitely the wrong sub to ask this in, for two reasons:  a) That is going to be specific to the player base of the game and how they will react. Without understanding the value of the chests to the players it won't make much sense to respond.  b) /r/economy is mostly just a place to read posts by dipshits who don't know anything about the economy or the field of economics. Any actual economic information you may want in the future is best found at /r/economics."}
{"_id": "208717", "title": "", "text": "I'm sure part of it is trusting the employees but the bigger thing as the amount of time (and cost) it takes to manage all that cash.  If they swipe a card - that's all it takes to collect the revenue, log the sale, manage the inventory, deposit the revenue, etc."}
{"_id": "208736", "title": "", "text": "I\u2019ve had to move 7 times in the past 3 years, a combination of military, civilian, and student permanent moves. Several of those times it was impossible to bring anything more than a backpack or some luggage so I basically had to start building my home all over.  So yeah mostly big ticket stuff (sonos are a must for me lol) but some late nights I might buy 4 pairs of timbs and wake up not remembering what I did lol."}
{"_id": "208759", "title": "", "text": "http://www.glassdoor.com/ shows salaries collected over the past 5 years (I think thats when they launched the site?)  So $86k for a Bachelors degree with zero real world experience. If you've got some post-college experience, or a post-graduate degree you'll be starting in six figures."}
{"_id": "208783", "title": "", "text": "Do not borrow to invest in real estate.  The interest payments will eat up most of your profit (the property management fees might eat up the rest), and you will have significant risk with tenant issues, property value, etc.  Many people have made it work - many also lose everything. Real estate can be a great investment, but you can't even afford a house of your own yet, let alone investment property.  Keep saving up until you have 20% down to buy a house of your own (ideally that you can put on a 15% fixed mortgage), and pay it off as quickly as you can.  Then you can start saving for your first rental property. If that process isn't fast enough for you, you have two options.  Increase your income or reduce your expenses.  There's no shortcut to wealth-building without taking significant risks. At most I would scale back the 401(k) to the 5% match you get, but you should scale that back up once you have enough for a down payment."}
{"_id": "208793", "title": "", "text": "There is another option.  Stay where you are."}
{"_id": "208815", "title": "", "text": "Hi Friends Verse Apparel is a letest online shoping in NewYark city.This shop is availiable best collection of T-Shirt for man According to the fashion of this time .Which is available to us in many color sizes and beautiful designs.This very high quality clothing is use to make it, which you will feel comfortable wearing."}
{"_id": "208842", "title": "", "text": "If there's no prepayment penalty, and if the extra is applied to principal rather than just toward later payments, then paying extra saves you money. Paying more often, by itself, doesn't. Paying early within a single month (ie, paying off the loan at the same average rate) doesn't save enough you be worth considering"}
{"_id": "208855", "title": "", "text": "Ofc it's for cost. Either better cost but lower talent or better cost and same talent.  That's my point for Ricardian theory.  At 4 percent, its hard to say many are out of jobs. Perhaps they are holding out for higher salary than what market thinks they deserve.  Regardless, there is nothing wrong with companies looking for lower cost. That's capitalism and that's what allows you to have better breakfast than kings did pre industrial."}
{"_id": "208860", "title": "", "text": "\"When I was in high school, my mom got me a joint credit account with both of our names on it for exactly this reason. Well, that, and to have in case I found myself in some sort emergency, but it was mostly to build credit history. That account is still on my credit report (it's my oldest by a few years), and looking at the age of it, I was 17 at the time we opened it (and I think my younger sister got one around the same time).  In my case, I now have an \"\"excellent\"\" credit score and my weakest area is the age of my accounts, so having that old account definitely helps me. I don't think I've really taken advantage of it, and I'm not sure if I'd really be worse off if my mom hadn't done that, but it certainly hasn't hurt. And I plan on buying a house in the next year or so, so having anything to bump up the credit score seems like a good thing.\""}
{"_id": "208862", "title": "", "text": "Chances of success are very good, actually.  They are not a religious organization, they're a business.  You simply can't do this.  Note that the EEOC is representing the guy directly.  That doesn't happen unless after an investigation of a complaint, the EEOC decides there's a clear problem.  That happens RARELY.  The EEOC will only pursue their best cases."}
{"_id": "208873", "title": "", "text": "It absolutely is. I too was offered a job with a major tech company in the area, and the 6 figure salary after cost of living was equivalent to ~60k elsewhere. The cost of things like travel and house hold items will remain the same, but housing makes up the vast majority of expenses most people have to pay every month. When housing in the Bay Area is 3x higher than everywhere else, the the overall cost of living is around 2x as high. There is a reason it's not uncommon for engineers all making 6 figures living 5 to a house. That doesn't really happen elsewhere."}
{"_id": "208887", "title": "", "text": "\"The brain is a muscle and cannot function at optimal performance for 540 minutes straight.  What's been shown is a best we can do it for 90 minute stretches although [some](https://www.theatlantic.com/business/archive/2014/09/science-tells-you-how-many-minutes-should-you-take-a-break-for-work-17/380369/) show closer to an hour, followed by a ~20 minute break.  So at best your 9 hours of \"\"work\"\" is optimized at 7 hours of actual work.  Edit: No, the brain is not literally a muscle.\""}
{"_id": "208898", "title": "", "text": "There's a grey area where investing and speculating cross. For some, the stock market, as in 10% long term return with about 14% standard deviation, is too risky. For others, not enough action.  Say you have chosen 10 penny stocks, done your diligence, to the extent possible, and from a few dozen this is the 10 you like. I'd rather put $100 into each of 10 than to put all my eggs in one basket. You'll find that 3 might go up nicely, 3 will flounder around, and 4 will go under. The gambler mentality is if one takes off, you have a profit.  After the crash of '08, buying both GM and Ford at crazy prices actually worked, GM stockholders getting nothing, but Ford surviving and now 7X what I bought it for.  Remember, when you go to vegas, you don't drop all your chips on Red, you play blackjack/craps as long as you can, and get all the free drinks you can."}
{"_id": "208900", "title": "", "text": "Technical expertise does not translate to domain expertise.. I'm definitely not going to employ someone with specific skills in Excel, R, whatever; if they have no idea about the underlying algorithms and how to implement them in other languages.  I'll employ the dude who understands the algorithms (and can correctly explain with pseudo code or verbally) over someone who is regurgitating a lecture and can only provide textbook answers."}
{"_id": "208907", "title": "", "text": "That is mostly true, in most situations when there are more buy orders than sell orders (higher buy volume orders than sell volume orders), the price will generally move upwards and vice versa, when there are more sell orders than buy orders (higher sell volume orders than buy volume orders), the price will generally move downwards. Note that this does not always happen, but usually it does. You are also correct that for a trade to take place a buyer has to be matched with a seller (or the buy volume matched with the sell volume). But not all orders get executed as trades. Say there are 50 buy orders in the order book with a total volume of 100,000 shares and the highest buy order is currently at $10.00. On the other side there are only 10 sell orders in the order book with total volume of 10,000 shares and the lowest sell order is currently $10.05. At the moment there won't be a trade unless a new buyer or seller enters the market to match the opposing side, or an existing order gets amended upper or lower to match the opposing side. With more demand than supply in the order books what will be the most likely direction that this stock moves in? Most likely the price will move upwards. If a new buyer sees the price moving higher and then looks at the market depth, they would most likely place an order closer to the lowest sell order than the current highest buy order, say $10.01, to be first in line in case a market sell order is placed on the market. As new buy orders enter the market it drives the price higher and higher until the buy orders dry up."}
{"_id": "208909", "title": "", "text": "5% cashback? Wow. No, this would not generally affect your credit rating. You aren't altering anything that is generally tracked by the credit rating agencies. You put a purchase on your credit card which temporarily increases your utilisation, but then immediately pay it off, leaving your utilisation practically unchanged."}
{"_id": "208910", "title": "", "text": "I'm not that concerned. Does it suck that we live in a world where companies need to work on fraud detection? Sure. But like it or not, that's the world we live in, and regulations aren't going to fix it since it's essentially impossible to enforce. These companies are technology and logistics companies, so they need to work on fraud detection."}
{"_id": "208916", "title": "", "text": "\"I took a course in forex trading for 3 months. I also studied financial markets in the Uni. I have been saving in order to start investing but I face the same question. I have gathered some advantages and disadventages that I would like to know your opinion. Forex market is more liquid, its more easy to identify what makes the currency change and to \"\"predict\"\" it. For small investors its an intraday trading. The risk is huge but the return can be also huge. Stocks are for long term investements. Its difficult to have a bigger return unless you know something that others dont. Its more difficult to predict price change since its easier to anyone influence it. The risk is less.\""}
{"_id": "208926", "title": "", "text": "Ok, so disregarding passivity, could you help me through a simplified example?   Say I only had two assets, SPY and TLT, with a respective weight of 35 and 65% and I want want to leverage this to 4x.  Additionally, say daily return covar is:  * B/B .004% * B/S -.004% * S/S .02%   Now, if I read correctly, I should buy ATM calls xxx days in the future.  Which may look like: Ticker, S, K, Option Price, Delta, Lambda  * TLT  $126.04  $126.00  $4.35  0.50  14.5 * SPY  $134.91  $134.00  $6.26  0.55  11.8  ^ This example is pretty close but some assets are far off.   I feel like I'm on the wrong track so I'll stop here.    I just want to lever up my risk-parity. Margin rates are too high and I'm docked by Reg-T."}
{"_id": "208932", "title": "", "text": "if you know when and by how much something will fluctuate, you can always make money. Buy it when it's cheaper and sell it when it's more expensive. If you just know that it fluctuated a lot recently, then you don't know what it will do next. Most securities that go to zero or go much higher bounce all over the place for a while first.  But you don't know when they'll move decisively lower or higher.  So how could you figure out if you'll make money - you can't know. DCA will on average make you better off, unless the extra commissions are too high relative to your purchase sizes. But it will in retrospect make you worse off in many particular cases. This is true of many investment disciplines, such as rebalancing. They are all based on averages.  If the volatility is random then on average you can buy more shares when the price is lower using DCA. But when the lowest price turns out to have been on a certain day, you'd have been better off with a single lump sum put in on that day. No way to know in advance.  Degree of volatility shouldn't matter; any fluctuation is enough for DCA or rebalancing to get you ahead, though it's true they get you ahead farther if the fluctuations are larger, since there's then more difference between DCA and a lump purchase.  I think the real reason to do DCA and rebalancing is risk control. They reduce the risk of putting a whole lump sum in on exactly the wrong day. And they can help keep a portfolio growing even if the market is stagnant."}
{"_id": "208934", "title": "", "text": "Unless stated otherwise, these terms apply to all bonds. The par value or face value of a bond refers to the value of the bond when it's redeemed at maturity. A bond with a par value of $10,000 simply means that if you purchase the bond and hold it until the maturity date specified in the contract, you receive $10,000.  The purchase price, however, is exactly that: it's what you paid for the bond. Bonds may sell below, at, or above par. Continuing the example from above, if you paid $9,800 for a bought a bond with a $10,000 par value, you bought the bond below par. A bond selling below par is said to be selling at a discount. For bonds selling above bar, they're selling at a premium. If the purchase price and the par value are the same, the bond is selling at par. These terms apply to callable bonds only, which are bond contracts that allow the issuer of the bond (in the case of municipal bonds, the institution or agency who created the contract) to buy back from bond holders at a given date (the call date) and at a given price (the call price) before the bond reaches maturity and pays the holder the full par value.  Yes, the coupon rate is essentially the interest paid. It's usually represented as a percent of the par value, so if the $10,000 in the example above had a 5% coupon rate, this means that it paid out 0.05 * 10,000 = $500 each year. Usually, this payment is made as two semi-annual payments of $250. Some bonds are zero-coupon bonds, which means exactly what you would think; they don't make any coupon payments. U.S. Treasury Bills are one example of a zero-coupon bond. All of these factors are linked, because the coupon rate, callable provisions, and par value, along with the overall economic environment, can affect the purchase price of a bond."}
{"_id": "208938", "title": "", "text": "I don't think you can compare savings accounts and peer-to-peer lending. The former is a liquid way of stashing some money away (IOW you can get at it pretty much any time you want) whereas the latter is extremely illiquid (you only get your money back if and when the loan has been repaid). Also, as mentioned by the other posters, there is a risk attached to p2p lending, even if the borrowers are vetted by the p2p lending platform. You're essentially taking the same risks that a bank would take when writing a couple of personal loans, and that's quite far removed from a safe haven for your cash. If you have enough money to invest (not save, invest) then it might be worth putting a small amount into p2p lending, but it's anything but an alternative to a savings account."}
{"_id": "208962", "title": "", "text": "\"There are entire books devoted to this topic... :) I'd suggest focusing on a % of income that you can set aside for each child and start doing that instead of looking at a specific dollar target. I would look at a 529 plan to get the state tax benefit for growth. Also, be careful to counter the \"\"advice\"\" given by admissions folks, who encourage high school kids to \"\"choose the college that will make you happy\"\" and expose them to as many pictures of lovely, leafy private campuses as possible. The lawns at the private school are nice, but state colleges offer a great education at a relative bargain. Try to teach your kids about money so they understand the downsides of the loans that schools throw at you. I went to a state school, had very supportive parents and worked throughout. I came out with $750 of debt (on a 0% credit card for a laptop replacement). I have a friend who went to a similar, private school who came from a similar background and who is now in a similar place career-wise. Except he has a $500/mo monthly tribute to Sallie Mae. My parents started working on me when I was about 12, and it worked!\""}
{"_id": "208977", "title": "", "text": "Hedging - You have an investment and are worried that the price might drop in the near future. You don't want to sell as this will realise a capital gain for which you may have to pay capital gains tax. So instead you make an investment in another instrument (sometimes called insurance) to offset falls in your investment.  An example may be that you own shares in XYZ. You feel the price has risen sharply over the last month and is due for a steep fall. So you buy some put option over XYZ. You pay a small premium and if the price of XYZ falls you will lose money on the shares but will make money on the put option, thus limiting your losses. If the price continues to go up you will only lose the premium you paid for the option (very similar to an insurance policy). Diversification - This is when you may have say $100,000 to invest and spread your investments over a portfolio of shares, some units in a property fund and some bonds. So you are spreading your risks and returns over a range of products. The idea is if one stock or one sector goes down, you will not lose a large portion of your investment, as it is unlikely that all the different sectors will all go down at the same time."}
{"_id": "208981", "title": "", "text": "If she is a legitimate owner, you can't force her to sell her interest in the house. You can communicate indirectly with her, perhaps through a lawyer, and see if she is willing to sign something authorizing you to sell. Unless she is mentally incompetent, you will likely have a very difficult time of proceeding with a legal challenge. At minimum she should be paying you rent, if she is the sole occupant, and if she is unwilling to let you live in the house or pay you rent as co-owners, you could possibly proceed with a suit along those lines. This is a good example of why it's not ideal to co-own a home with someone you aren't legally married to, including a relative or someone you are dating, because there is no (relatively) simple process similar to divorce which determines the allocation of property in the case of a serious dispute. If living together, it may be preferable to have one party own the home and rent it to another. If inherited, it may be preferable for one party to buy out the others and rent it back to them or arrange for a portion of any money made through the sale or rental of the home. Best of luck - I hope you are able to reach an agreeable outcome."}
{"_id": "208988", "title": "", "text": "&gt;I would propose that organizations like big box stores fall somewhere between animals and foreign peasants as far as our feelings of responsibility towards them.  I disagree.  To me and most people I know, big-box stores are *worse* than foreign peasants.  To foreign peasants, we're apathetic.  To big-box stores, we're hateful."}
{"_id": "208989", "title": "", "text": "\"It's not possible to determine whether you can \"\"expect a refund\"\" or whether you are claiming the right number of exemptions from the information given.   If your wife were not working and you did not do independent contracting, then the answer would be much simpler.  However, in this case, we must also factor in how much your contracting brings in (since you must pay income tax on that, as well as Medicare and, probably, Social Security), whether you are filing jointly or separately, and your wife's income from her business.   There are also other factors such as whether you'll be claiming certain child care expenses, and certain tax credits which may phase out depending on your income.   If you can accurately estimate your total household income for the year, and separate that into income from wages, contracting, and your wife's business, as well as your expenses for things like state and local income and property taxes, then you can make a very reasonable estimate about your total tax burden (including the self-employment taxes on your non-wage income) and then determine whether you are having enough tax withheld from your paycheck.  Some people may find that they should have additional tax withheld to compensate for these expenses (see IRS W-4 Line #6).\""}
{"_id": "208994", "title": "", "text": "\"Those are the \"\"right\"\" yields. They are historically (but not \"\"nonsensically\"\") low. Those yields are reflective of the sluggish U.S. and global economic activity of the past decade. If global growth were higher, the yields would be higher. The period most nearly comparable to the past 10 years in U.S. and world history was the depressed 1930s. (I am the author of this 2004 book that predicted a stock market crash (which occurred in 2008), and the modern 1930s, but I was wrong in my assumption that the modern 1930s would involve another depression rather than 'slow growth.')\""}
{"_id": "209013", "title": "", "text": "i disagree. if a country has sovereign currency, then there is no squandering.  where does that money come from in the first place?  govt creates it, and spends it into the economy through deficit spending.  And govt gets a service or product in return from that spending. Govt deficit spending = private sector savings."}
{"_id": "209033", "title": "", "text": "Even worse I suppose, is this hateful idiot, didnt even write the letter... he stole it from a[ letter that was circulated in 2008 about the election of Obama. Back then it was a hoax, he decided to make it real. ](http://www.snopes.com/politics/business/valuedemployees.asp)   &gt;Of course, as your employer, I am forbidden to tell you whom to vote for - it is against the law to discriminate based on political affiliation, race, creed, religion, etc. Please vote who you think will serve your interests the best.    versus  &gt;Of course, as your employer, I can't tell you whom to vote for, and I certainly wouldn't interfere with your right to vote for whomever you choose. In fact, I encourage you to vote for whomever you think will serve your interests the best.  yep he plagiarized it."}
{"_id": "209037", "title": "", "text": "\"That's increasingly untrue. Zynga products are essentially \"\"poke with cows\"\" which means that they need access to the user's social graph. That doesn't necessarily require facebook or google plus or whatever, though those platforms do make it easier. Once they have an installed base, and know the connections between users, they could move away from those sites if they had to. It's not ideal for them, but if facebook wants to impose some serious margins, it could be a viable path forward.\""}
{"_id": "209063", "title": "", "text": "My advice to you? Act like responsible adults and owe up to your financial commitments.  When you bought your house and took out a loan from the bank, you made an agreement to pay it back. If you breach this agreement, you deserve to have your credit score trashed.  What do you think will happen to the $100K+ if you decide to stiff the bank? The bank will make up for its loss by increasing the mortgage rates for others that are taking out loans, so responsible borrowers get to subsidize those that shirk their responsibilities. If you were in a true hardship situation, I would be inclined to take a different stance. But, as you've indicated, you are perfectly able to make the payments -- you just don't feel like it. Real estate fluctuates in value, just like any other asset. If a stock I bought drops in value, does the government come and bail me out? Of course not! What I find most problematic about your plan is that not only do you wish to breach your agreement, but you are also looking for ways to conceal your breach. Please think about this. Best of luck with your decision."}
{"_id": "209065", "title": "", "text": "It's technically correct to say BK will still pay taxes on all profits made here in the US, the problem here is that it's very easy to structure this whole thing so that there are no US profits.   Company A sells itself to Company B, which it also owns. Company A transfers all its' intellectual property to Company B which then charges Company A a fee to use it. The fee is structured so that Company A makes zero profit and Company B makes all the money."}
{"_id": "209067", "title": "", "text": "Over a period of time greater than 10 years (keep in mind, 2000-2009 ten year period fails, so I am talking longer) the market, as measured by the S&P 500, was positive. Long term, averaging more than 10%/yr.  At a 1 year horizon, the success is 67 or so percent. It's mostly for this reason that those asking about investing are told that if they need money in a year or two, to buy a house for instance, they are told to stay out of the market.  As the time approaches one day or less, the success rate drops to 50/50. The next trade being higher or lower is a random event.  Say you have a $5 commission. A $10,000 trade buy/sell is $10 for the day. 250 trading days costs you $2500 if you get in and out once per day. You need to be ahead 25% for the year to break even.  You can spin the numbers any way you wish, but in the end, time (long time spans) is on your side."}
{"_id": "209071", "title": "", "text": "My family business is in Thailand, and I am an Indian citizen, so getting a job in Thailand is not possible. Until I complete Level 1 (if I take the Dec exam), I will have to work in my family business. Then I have will have to shift back to India to find a job while studying for Level 2.   It is highly likely that I will not get a job till I finish Level 2. It is also highly likely I may not complete all 3 Levels in the first attempt."}
{"_id": "209080", "title": "", "text": "\"Of course people can change careers to something else and irregardless of their previous training.  Everybody grow in their career to something else.  But to be a CHIEF Information Security Officer, the Chief, you need to be an expert and knowledgeable person in your area.  I very much doubt that somebody who showed interest in Music, studied Music for 7 years and failed in that area is \"\"material\"\" to be a Chief Information Security Officer even after 10 years of working in that area. (Susan failed in her Music career, otherwise she will not try something else like computer security).  But with my doubts, yes there are few cases of somebody with one background and studies becoming a real expert and leader in a totally different area. It's rare!!!!!  For lower level jobs, yes, a music major may become a descent programmer or project manager. I doubt they will become experts and best in the field.  Let's concentrate on this particular case: Susan had no talent, and I gave you some quotes of what she said. The FACT is she is responsible for the biggest breach of personal data in the history of the world. Her becoming a CISO for Equifax is mostly due to her knowing someone or someone knowing her. And even if it's not the case, it's mostly due to her being like typical many clueless managers: expertise in political backstabbing of anyone in your way, being very \"\"social\"\" with the right people, etc.  Do you want me to give a list of top managers and CEOs that destroyed successful and big companies. Trust me, in most cases, they did not have the qualification of even the studies to run a company or do their jobs.\""}
{"_id": "209107", "title": "", "text": "\"You would add your daily earnings every day. For example, you work full time job (8 hours a day) at $20/hour. At the end of the 1st day of the month, you'd add $160 to your salary account. You've earned it, even though its still almost a month till you actually get paid. So its accrued. What if you don't get paid? You've accrued it already, its on your books, but not in your wallet. You might have paid taxes on it, etc. But you don't really have it. This is what is called \"\"bad debt\"\", and eventually, after you can show that the payee is not going to pay, you write it off - remove it from your books (and adjust your taxes etc that you paid on that income already). Generally, it is a very bad idea to use accrual method of accounting for an individual or a small business. For large volume business using accrual mode solves other accounting and revenue recognition problems.\""}
{"_id": "209115", "title": "", "text": "It doesn't cost them anything, they don't pay commission on you taking cash-back. But it brings customers to the stores because these customers would rather buy something and use cash-back to get cash, than go to an ATM and pay the ATM commission."}
{"_id": "209125", "title": "", "text": "I see that you're invested in a couple bond funds. You do not want to be invested in bonds when the Fed raises rates. When rates climb, the value of bond investments decline, and vice-versa. So that means you should sell bonds before a rate hike, and buy them before a rate drop."}
{"_id": "209131", "title": "", "text": "The answer is far more simple.   The purchasers of periphery debt have been banks in the periphery. Since these countries don't have a central bank, their private banks were swallowing the national debt since nobody else wanted to touch it.   When the market value of that debt plummets, the banks have massive holes they need to fill on their balance sheets to fulfill capital requirements and solvency. Therefore, the banks themselves need to be injected with liquidity.  Now you can see why its a reiterative problem."}
{"_id": "209136", "title": "", "text": "\"But this doesn't mean you're not allowed to evaluate someone's political choice based on other factors and judge them by it.   Your attitude sounds suspiciously like the \"\"anyone who doesn't like President Obama is racist\"\" kind of rhetoric we've seen in the past. Just as political decisions should not be criticized based on the single dimension of \"\"Democrat or Republican\"\" at the same time the \"\"why\"\" of a political decision *is* open to evaluation and criticism based on nonpolitical factors.\""}
{"_id": "209139", "title": "", "text": "Are you seeking space for a dental practice? Seek no more! At a location that promises you great footfalls and various 3rd party referrals. Now pamper yourself with fantastic rent with Garden Grove dental practice on sale. Make it quick!"}
{"_id": "209144", "title": "", "text": "Behind the scenes of banking are a lot of very manual processes especially when something goes wrong. These take extra time not only because it involves people reviewing what went wrong but also because the bank will take extra steps to reduce human error (e.g. technical jargon about maker/checker, dual controls). Something like this can easily get held up for a month and the best way to jump the queue is to start complaining a lot, calling customer service frequently, asking to talk to management and otherwise pestering the bank until someone senior gets your problem fast-tracked so you stop giving them a headache."}
{"_id": "209151", "title": "", "text": "Refined marble tiles accessible at tiles showroom in Kolkata are utilized to give more floor grasp, while cleaned artistic tiles are utilized to give a considerably more advanced appearance; by the by, these could wind up noticeably perilous when clammy and may include the situating of mats to stop mischances. Tumbled marble on the different another hand, is looked for after for its old-world, provincial feel and look, and is fast turning into a noticeable format design for heaps of house proprietors."}
{"_id": "209159", "title": "", "text": "I think that mbhunter hit the nail on the head regarding your question. I just want to add that having a policy that isn't sponsored by your employer is a good idea... employer policies are regulated by the federal government via ERISA. Independent policies are state regulated, and usually have better protections. Also, look for a policy that allows you to increase your coverage later without medical qualification so you don't need to overbuy insurance initially."}
{"_id": "209188", "title": "", "text": "It noone buys your product b/c you price it too high you wont make any money. Time owns cameras. They can buy a jar and put coins in it. They bought this out of convenience. This is not a Pulitzer prize winning photo and it was priced accordingly."}
{"_id": "209194", "title": "", "text": "Are you serious?  They're a US government department, of course they will always want USD.  If they ever offer the option to pay in bitcoin it won't be at par, but with a significant fee on top of the amount you owe.  And that fee will go specifically to what they will have to do which is turn around and convert your bitcoin into real money."}
{"_id": "209197", "title": "", "text": "The important piece here is not necessarily understanding intimate details of biological engineering per se, but rather understanding how the business operates as a singular unit. It is also important to understand the business case for a firm, the evolution of demand for its products/services and the cost of its revenue. To understand a particular sector of the market, you should begin by studying how that sector interacts with and is influenced by the larger market and economy as a whole, both domestic and abroad. From there, you should study individual companies and again see how they interact with one another, the sector, market, etc. Many biotech firms have a different offering and meet different business and consumer demands. Some are near term solutions to existing problems, some long. It is important to see how the firms collectively interact with the consumer base and then differentiate on an individual level."}
{"_id": "209204", "title": "", "text": "The cost of insurance very well may swing the opposite direction.  Last year premiums jumped 50% across the board because there were so many drivers on the road that accident rates increased.  So autonomous vehicles may have lower (or zero) premiums while human driven vehicles might see triple digit increases in premiums."}
{"_id": "209209", "title": "", "text": "\"Just read the book Flash Boys by Michael Lewis.  It describes this process in detail, albeit a bit more dramatically than it has to.  Basically what \"\"HFTs\"\" (high frequency traders) do is they set up their line to the exchange so its microseconds faster than everyone else.  Then they test out the market with tiny orders, seeing how fast it's getting filled - if these are getting filled immediately, it probably means there's a big order coming in from an investor.  So the algorithm - and it's all algo-based obviously because no human can remotely hope to catch this - will detect that as soon as there's a spike in volume, it will buy all of the volume at the current price, and sell it back for higher, forcing the big investor to take on higher prices.    Another case is that some HFTs can basically buy the entire trade book from an exchange like Nasdaq.  So every time someone places a market order for 200 shares of a 6.5 stock, the HFT will see it, buy up all the current stock from say 6.5-6.6 and sell it back at 6.7.  Not rocket science if you already get info about the trade coming in, in fact this is basically market making but performed by an \"\"evil HFT\"\" instead of a \"\"trustworthy bank.\"\"    But honestly there are a lot more ways to make money from HFT than front-running, which isn't even possible anymore because exchanges no longer sell their books to HFTs.\""}
{"_id": "209218", "title": "", "text": "\"If he didn't lie, I don't see the issue. He did not force anyone to buy anything. His opinion was stock X is good, he publicized it and it turned out to be true (at least temporary) - what's wrong with it?  It is customary for people who have either fiduciary duty towards the clients or are perceived as independent analysts to disclose their interest and potential conflict of interest, lest they lose the respect of the public as independent and trustworthy sources of financial information. Jackson never had that, express or implied, and never had the duty to provide anybody with impartial financial analysis, so he can say anything he wants. He can invest into the company and promote it and make money from it - isn't it what was called \"\"business\"\" once? Why is it even being questioned?\""}
{"_id": "209224", "title": "", "text": "EDIT To answer what I think you question is: I do not know of anything other than trip cancellation insurance.  And you must be very careful that the policy you purchase for your trip covers the circumstance you described.  Essentially, you opted not to take the flight.  Not all trip cancellation policies will cover that. How to Find Trip Cancellation Insurance Getting Your Money Back Now This is an Act of God in the insurance world.  You cannot reasonably expect the airline to know the future weather pattern anymore than you could, and therefore, since the plane did fly, you owe them the money based on the ticket you bought.  You didn't just buy a ticket, there is a contract with rules about refunds and transferring and such. It is a bummer situation, and I understand you point of view, but this isn't the airline's fault. If anybody is to blame for you missing your flight, and therefore not getting a refund, it is your employer.  Their requirements for you be in one city and then another are the cause.   While your employer cannot predict the weather, they are ultimately the ones who could give you the okay to be late.  If you absolutely cannot be late, and it was critical that you drive out and miss your flight, then your company gets to pay for the flight AND the car.  That is the cost of doing business for them. This is also why, when flying for business, that you pay the higher price and get the refundable / transferable ticket.  They cost more, but situations like these illustrate they are worth it for the company."}
{"_id": "209238", "title": "", "text": "The general concept is that your money will grow at an accelerating rate because you start getting interest paid on your returns in addition to the original investment.  As a simple example, assume you invest $100 and get 10% interest per year paid annually.   -At the end of the first year you have your $100 + $10 interest for a total of $110. -So you start the second year with $110 and so 10% would be $11 for a total of $121. -The third year you start with $121 so 10% would be $12.10 for a total of $133.10 See how the amount it goes up each year increases? If we were talking a higher initial amount or a larger number of years that can really add up. That is essence is compound interest. Most of the complicated looking formulas you see out there for compound interest are just shortcuts so you don't have to iteratively go through the above exercise a bunch of times to find out how much you would have after some number of years. This formula tells you how much you would have(A) after a certain number of years(t)  at a given interest rate(r) assuming they pay interest n times per year, for example you would use 12 for n if it paid interest monthly instead of yearly. P represents the  amount you started out with.   If you keep investing monthly (as shown in your example) instead of just depositing it and letting it sit, you have to use a more complicated formula. Finance people refer to this as calculating the future value of an annuity.  That formula looks like this: A = PMT [((1 + r)N - 1) / r] x (1+r)  A : Is the amount you would have at the end of the time period.   N : The number of compounding periods (months if you get interest calculated monthly)   PMT : The total amount you are putting in each period (N)    r: Just like before, the interest rate you are getting paid. Be sure to adjust this to a monthly number if N represents months (divide APR by 12)* *Most interest rates are quoted as APR, which is the annualized interest rate not counting compounding. Don't confuse this with APY, which has compounding built into it and is not appropriate for use in this formula. Inserting your example: r (monthly interest rate) = 15% APR / 12 = .0125 n = 30 years * 12 months/year = 360 months   A = $150 x [((1 + .0125)360 - 1) / .0125] x (1+.0125) A = $1,051,473.09 (rounded)"}
{"_id": "209242", "title": "", "text": "\"There were a lot of these articles before Facebook went public. The Economist thought that Facebook would go public at $28-35 a share. Their article on the Facebook IPO [urged caution and pointed out red flags](http://www.economist.com/node/21554532).  The articles on Reddit just before Facebook went public were about General Motors pulling its advertising from Facebook. I think that reddit's consensus was \"\"overvalued\"\".\""}
{"_id": "209249", "title": "", "text": "Agree with the previous posts the question is poorly worded.  -but-  Clark Howard does say you really need to be getting 90% back in the mortgage payment.  Remember that what ever your paying in principle a month is adding to your net worth and every month that gets you a little more money than the last payment.   Also this is a good hedge on inflation and at some point within a few years you will be at break even."}
{"_id": "209251", "title": "", "text": "By taking the decisions which are not conducive to the desired profit level and, in this case, to talks about laying off people. They may forget it often, but every relevant decision in the business falls on an executive whether they take it directly or not."}
{"_id": "209257", "title": "", "text": "The question lacks specificity, i.e. when does the initial investment occur, now or one period from now?  If now then it is a perpetuity due.   I  will consider under 2 scenarios, A and B, relating to the size of the initial investment. A. Assuming that the initial investment (C_0) occurs now and each payment thereafter has the relationship (1+g) with this investment then the relevant base equation is that for the present value of a growing perpetuity due, expressed in terms of C_0, i.e.  PVGPD=  [C_0*(1+g)*(1+i)]/(i-g). Now, to suit the question asked, we can see that i=fixed rate of return (f) and g = expected inflation rate (e) such that we can rewrite the equation as PVGPD = [C_0*(1+e)*(1+i)]/(i-e].   We know that f = is a fixed nominal rate and must be adjusted for e to calculate the real rate (r) according to the equation f=(1+r)*(1+e)-1. Therefore  PVGPD = [C_0*(1+e)(1+(1+r)(1+e)-1)]/((1+r)*(1+e)-1-e] Tidying up  PVGPD = {C_0*(1+r)(1+e)^2}/[r(1+e)] PVGPD = [C_0*(1+r)*(1+e)]/r B. Assuming that the initial investment (X) is not equal to each subsequent perpetual payment (C_1) then the relevant base equation is that for the the initial investment plus the present value of a growing perpetuity, i.e.  PVGP=  X + [C_1/(i-g)] Rewriting  PVGP = X + [C_1/(f-e)]    Substituting PVGPD = X + {C_1/[(1+r)*(1+e)-1-e]} Tidying up  PVGPD = X + C_1/[r*(1+e)]"}
{"_id": "209269", "title": "", "text": "Switch to a different product. For $500, you'd be surprised what you could buy wholesale.   Potential options:  -Find something appropriate to wholesale to your peers on Alibaba  -Start a T-shirt company with graphics relevant to your school, area, or pop-culture microcosm. Edgy inside references with clean graphics being ideal. Shopify is $25 a month + Print on demand t-shirt company (about $7 profit per shirt) + Fiverr for inexpensive graphics --&gt; you could launch a local T-shirt brand for less than $100."}
{"_id": "209293", "title": "", "text": "Brandon Brice earned a Bachelor's in Business Administration from Howard University, a Master\u2019s of Science in International Affairs from Rutgers University and is currently completing his Executive Master's in Public Administration from Columbia University. Brandon has interned on Capitol Hill in the Office of former United States House."}
{"_id": "209340", "title": "", "text": "Did you know that bill-pay is a third party system? The way they run it encourages multiple overdrafts, Just last week I had 150$ in fees. Not to mention they recently had a class action they lost in which they were fucking over service members with home loans. I've been with them since 2002, they're just as shady as every other institute that charges you money to use your money."}
{"_id": "209349", "title": "", "text": "\"I'll take a stab at this question and offer a disclosure: I recently got in RING (5.1), NEM (16.4), ASX:RIO (46.3), and FCX (8.2).  While I won't add to my positions at current prices, I may add other positions, or more to them if they fall further.  This is called catching a falling dagger and it's a high risk move. Cons (let's scare everyone away) Pros The ECB didn't engage in as much QE as the market hoped and look at how it reacted, especially commodities.  Consider that the ECB's actions were \"\"tighter\"\" than expected and the Fed plans to raise rates, or claims so.  Commodities should be falling off a cliff on that news. While most American/Western attention is on the latest news or entertainment, China has been seizing commodities around the globe like crazy, and the media have failed to mention that even with its market failing, China is still seizing commodities.  If China was truly panicked about its market, it would stop investing in other countries and commodities and just bail out its own country.  Yet, it's not doing that.  The whole \"\"China crisis\"\" is completely oversold in the West; China is saying one thing (\"\"oh no\"\"), but doing another (using its money to snap up cheap commodities). Capitalism works because hard times strengthen good companies.  You know how many bailouts ExxonMobil has received compared to Goldman Sachs?  You know who owns more real wealth?  Oil doesn't get bailed out, banks do, and banks can't innovate to save their lives, while oil innovates.  Hard times strengthen good companies.  This means that this harsh bust in commodities will separate the winners from the losers and history shows the winners do very well in the long run. Related to the above point: how many bailouts from tax payers do you think mining companies will get?  Zero.  At least you're investing in companies that don't steal your money through government confiscation. If you're like me, you can probably find at least 9 people out of 10 who think \"\"investing in miners is a VERY BAD idea.\"\"  What do they think is a good idea?  \"\"Duh, Snapchat and Twitter, bruh!\"\"  Then there's the old saying, \"\"Be greedy when everyone's fearful and fearful when everyone's greedy.\"\" Finally, miners own hard assets.  Benjamin Graham used to point this out with the \"\"dead company\"\" strategy like finding a used cigarette with one more smoke.  You're getting assets cheap, while other investors are overpaying for stocks, hoping that the Fed unleashes moar QE!  Think strategy here: seize cheap assets, begin limiting the supply of these assets (if you're the saver and not borrowing), then watch as the price begins to rise for them because of low supply.  Remember, investors are part owners in companies - take more control to limit the supply.  Using Graham's analogy, stock pile those one-puff cigarettes for a day when there's a low supply of cigarettes. Many miners are in trouble now because they've borrowed too much and must sell at a low profit, or in some cases, must lose.  When you own assets debt free, you can cut the supply.  This will also help the Federal Reserve, who's been desperately trying to figure out how to raise inflation.  The new patriotic thing to do is stimulate the economy by sending inflation up, and limiting the supply here is key.\""}
{"_id": "209359", "title": "", "text": "When you short a stock, you can lose an unlimited amount of money if the trade goes against you. If the shorted stock gaps up overnight you can lose more money than you have in your account. The best case is you make 100% if the stock goes to zero. And then you have margin fees on top of that. With long positions, it's the other way around. Your max loss is 100% and your gains are potentially unlimited."}
{"_id": "209369", "title": "", "text": "Real world example.    AGNC = 21.79 time of post.  Upcoming .22 cents ex-div Mar 27th Weekly options Mar 27th - $22 strike put has a bid ask spread of .22 / .53. If you can get that put for less than .21 after trade fee's, you'll have yourself a .22 cent arbitrage.   Anything more than .21 per contract eats into your arbitrage.  At .30 cents you'll only see .13 cent arbitrage.  But still have tax liability on .22 cents.  (maybe .05 cents tax due to REIT non-exempt dividend rates)  So that .13 gain is down to a .08 cents after taxes."}
{"_id": "209370", "title": "", "text": "Movie theater popcorn concessions are not really a competitive market."}
{"_id": "209374", "title": "", "text": "One way rentals are crazy expensive.  My wife and I got hit with a 8+ hour layover in Atlanta to get home to Norfolk VA and decided we'd just grab a car and drive.  At least we'd be doing something and not sitting around an airport.  It was gonna be about 40 bucks for the rental, but an additional $300 drop off fee to drop at another location!  We noped out of that real fast."}
{"_id": "209390", "title": "", "text": "Pensions are pretty much gone and likely to be drastically cut back where available for my generation.  Every recession provides excuses to cut or freeze more of them.  Who hasn't seen that compound interest infographic that shows investor A saving for retirement in the first decade of their career coming out ahead of investor B that starts a decade later and contributes for 25 years because of 'compound interest'?  That doesn't work the same way when that first decade is a 'lost decade'.  Investor A is always behind in that situation and must become investor C that contributes the whole time.  Who hasn't see that average college grads that start their careers in a recession take a decade or more to catch up to the income of those that graduated into a recovery or boom?  Who hasn't seen an odd money mentality of those who lived through the great depression?  It clearly stuck with many people for the rest of their lives.  My grandmother is 97 and is paranoid about running out of money.  At her current burn rate she has over 20 years of savings left..."}
{"_id": "209456", "title": "", "text": "Being the geek that I am, I actually developed a financial model of a few different career/salary scenarios when I graduated in 2000. While it may not matter from a financial POV, it's a nice thing to reference later on to help you stick with your financial goals. My recommendation would be to not factor in inflation upfront... build a model based on the current value of money. You course-correct things in the future when inflation starts kicking in. Also, your retirement income requirements will vary dramatically depending on other decisions that you make. (ie. kids, mortgage, college, etc) If achieving the lifestyle that you desire 10, 20, or 30 years down the road looks difficult because your salary isn't keeping up with your earnings/savings goals, you need to either re-evaluate your priorities or look for better compensation."}
{"_id": "209492", "title": "", "text": "The answer is that the trader is hoping to profit from a potential rise in Implied volatility. He is isolating his exposure to IV only and mitigating his risk to the directional move of the underlying by hedging with the underlying. Basically, his delta is neutral. His gamma is positive and a potential source of profit, and his theta is negative which is a potential source of loss. He hopes that the profits from long gamma will overcome the loss from the short theta. he achieves this by actively gamma scalping to remain delta neutral over the life of the option."}
{"_id": "209493", "title": "", "text": "\"It's easy to own many of the larger UK stocks. Companies like British Petroleum, Glaxo, and Royal Dutch Shell, list what they call ADRs (American Depositary Receipts) on the U.S. stock exchanges. That is, they will deposit local shares with Bank of NY Mellon, JP Morgan Chase, or Citicorp (the three banks that do this type of business), and the banks will turn around and issue ADRs equivalent to the number of shares on deposit. This is not true with \"\"small cap\"\" companies. In those cases, a broker like Schwab may occasionally help you, usually not. But you might have difficulty trading U.S. small cap companies as well.\""}
{"_id": "209497", "title": "", "text": "\"Currently, the quantity theory of money is widely accepted as an accurate model of inflation in the long run. Consequently, there is now broad agreement among economists that in the long run, the inflation rate is essentially dependent on the growth rate of money supply. However, in the short and medium term inflation may be affected by supply and demand pressures in the economy, and influenced by the relative elasticity of wages, prices and interest rates - Wikipedia: Inflation causes You also asked \"\"can you give any reference that explains that this [encouraging people to work] is one of the reasons government prints money?\"\" See the list of positive effects of inflation in that article.\""}
{"_id": "209499", "title": "", "text": "Ten year auto loans. Think about that for a moment. I paid off my house in 13 years and people are having problems paying off a car in 6, 8 or 10 years.   I never buy new and then drive them until they fall apart. My sister buys new every four years. In the past twenty years, she has paid at least $100,000 in autos. I know it is actually a lot more since one of her SUVs cost $35k, but I was going for the easy math for illustrative purposes. I bought two used vehicles for a total of $14,000.   People ask how I was able to pay off my house and buy rental properties."}
{"_id": "209524", "title": "", "text": "Up until 1913, the printing press was at the US treasury under the jursidiction of Congress. Congress needs to take back the printing press and perform their constitutional duties as described.   Right now, our government pays interest to borrow in its own currency. If the printing press was at the treasury, that wouldn't happen."}
{"_id": "209535", "title": "", "text": "The counterfeit bills that are most popular near my school take a 1 dollar bill, wash the ink off, and print a 20 dollar bill image onto it. A pen cannot detect these. If you have a good printer, you can go from 10 one dollar bills to 10 twenty dollar bills in a day. Mostly teens do this, so 200 dollars is a lot of money. Also, the paper keeps all security feature except for the metallic ink, so the bills don't work at a bank. a guy I know makes money, turns it into bitcoin, transfers it to a zcash account, and then to another zcash account. the money becomes untracable."}
{"_id": "209544", "title": "", "text": "Silly people  Its not what Libya and Iraq lacked   Its what North Korea and Pakistan Have and what Ukraine had but gave away . .poor fools  and what Iran and Saudi Arabia should have  Chocolate covered doughnuts with a nice yellow cake middle and sprinkles on top"}
{"_id": "209554", "title": "", "text": "\"I'm not aware of banks offering savings account for specific reasons, other than certain accounts for college funds, as the number of reasons someone might want to open a savings account is almost infinite.  What I did was open 3 savings accounts with the same bank (I could have opened more, but I didn't need more). Each account is labeled with a nickname for it's specific purpose: Vacation, Emergencies, and Annual fees. This way, I can make automated deposits to each one based on my monthly budgets and track them independently. Most E-Banks offer this type of setup (CapitalOne even advertises it as a \"\"feature\"\") and the interest rate will likely be better than a standard brick-and-mortar bank.\""}
{"_id": "209569", "title": "", "text": "Ever wondered why no bankers got arrested? Henry Paulson needed them on board. He has gone on record saying as much. You don't make this sort of rescue by dangling people over a cauldron, you need the political will. Remember some of the banks didn't even need TARP, they had to be convinced to take them against their best interests."}
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{"_id": "209590", "title": "", "text": "\"So I don't know where I stand on the livable minimum wage practically, I was just stating the argument that I frequently see made.   To your point, jobs are always going to pay as little as possible and people are always going to be desperate to not be homeless. \"\"The invisible hand\"\" is what created tenements and child labor. So, idealistically, the real minimum wage is lower than it has been since the 60s, and we should make adjustments because no one should work 60, 70 hours to make ends meet. But if I had an answer that didn't result in what it looks like Seattle is facing I would probably be working on that instead of armchair speculating on reddit.\""}
{"_id": "209591", "title": "", "text": "If you plan on trading it, it's a social construct. If you plan on keeping it for yourself, then the value is personal. Not always easy to disentangle the two. Sometimes people are more willing to risk personal safety to rescue items of sentimental value..."}
{"_id": "209596", "title": "", "text": "If you are facing any issues with your Adobe software, then contact Adobe support Canada has given the step by step procedure, so that you can easily fix the issue. If the problem still persists, you can call the Adobe contact number @1-844-888-3870 and can get the guaranteed solution to your problems."}
{"_id": "209598", "title": "", "text": "\"What about all the people they employ who had nothing to do with it? People with families to feed  such? Fine the ever living dogshit out of them and jail anyone who showed gross neglegence (looking at anyone who said good security was \"\"too expensive\"\", or \"\"not a good return on investment\"\"). Then move along.\""}
{"_id": "209604", "title": "", "text": "Yes factor into your fund the cost of health insurance.  You basically have three options when facing a loss of income for 3-6 months: Pre-ACA the COBRA one was the default option many planned for because there was no need to change doctors. Of course many people were shocked how expensive it was compared to just looking at the employees share of the monthly premium. For planning you can do some research into the cost of one of the ACA approved plans in your state. Keeping in mind that the lack of income might qualify you for a subsidy. As to the coverage level, that would depend on your situation and the perceived gap. I have known many people who didn't have to pick COBRA until after the new job started so they knew exactly what they needed to cover and what their bills were during the gap."}
{"_id": "209618", "title": "", "text": "\"Can anyone explain why the analyst is writing off goodwill, please?  I would have thought that the HP brand would be worth something for some years to come, that some section of the market will continue saying \"\"well, it's an HP laptop, it must be decent quality\"\" and \"\"you can rely on HP printers\"\" for the foreseeable future. Or is that something else?\""}
{"_id": "209626", "title": "", "text": "\"Yes sir, I'm working on compiling your \"\"precise evidence,\"\" and I'll have it printed and bound for you on the double.  In the meantime, you can look here as a starting point and try to find the part where the Fed has allowed interest rates to adjust freely, and maybe you can learn why rates are artificial:    http://en.wikipedia.org/wiki/Federal_Reserve_responses_to_the_subprime_crisis  As for \"\"cahoots\"\" and independent banks and whatever other off-topic nonsense you're babbling about, there was nothing said about cahoots or independent banks.  The interest rates paid for and to US banks are affected by the monetary policy of the Fed.  There is no collusion, or \"\"cahoots,\"\" required for them to follow a common policy of artificially-low interest rates, which was the point of the earlier post.\""}
{"_id": "209635", "title": "", "text": "\"If you were asking if you should buy silver for an emergency fund, I'd say no. But, you already have it...  Note: I wrote most of the below under the assumption that this is silver bullion coins/bars; it didn't occur to me till the end that it could be jewelry.  Both of you have good arguments for your points of view. Breaking it down: Her points 1. A very good point. And while she may not be irresponsible, maybe the invisibility of it is good for her psychology? It's her's, so her comfort is important here. 2. Good. Make sure it's explicitly listed on the policy. 3. Bad. I think it will as well, at least the long run. But, this is not a good reason for an emergency fund -- the whole point of which is to be stable in case of emergencies. 4. Good. Identity theft is a concern, though unless her info is already \"\"out there\"\", it's insufficient for the emergency fund. And besides, she could keep cash. Your points 1. Iffy. On the one hand, you're right. On the other hand, Cyprus. It is good to remember that money in accounts is in someone else's control, not yours, as the Cypriots found out to their chagrin. And of course, it can't happen here, but that's what they thought too. There is value in having some hard assets physically in your control. Think of it as an EMERGENCY emergency fund. Cash works too, but precious metals are better for these mega-upheaval scenarios. Again, find out how having such an EMERGENCY fund would make her feel. Does having that give her some comfort? A gift from a family member of this much silver leads me to assume that her family might have a little bit of a prepper culture. If so, then even if she is not a prepper herself, she may derive some comfort from having it, just in case -- it'll be baked into her background. Definitely a topic to discuss with her. 2. Excellent point. This is precisely why you want your emergency fund in some form of cash. 3. Bad. You can walk into any pawn shop and sell it in a heartbeat. Or you can send it in to a company and have cash in days. 4. Bad. If you know a savings account that pays 3%-4%, please, please, please tell me where it is so I can get one. Fact is, all cash instruments pay negligible interest now, and all such savings are being eroded by inflation. 5. Maybe. There is value to looking at your net worth this way, but my experience has been that those that do take it way too far. I think there's more value at looking at allocation within a few broad \"\"buckets\"\" -- emergency fund, savings (car, house, college, etc), and retirement fund. If this is to be an EMERGENCY fund, as per point #1, then you should look at it as its own bucket (and maybe add a little cash too).      Another thought to add: This is a gift from a family member -- they gave her a lot of silver. Of course it's your SO's now, and she can do whatever she wants with it, but how would the family member react if she did liquidate it? If that family member is a prepper, and gave her this with the emotional desire to see her prepped, they may be upset if she sold it. It just occurred to me this may be jewelry. Your SO may not have sentimental attachment to it, but what about the family member's sentiments? They may not like to see family silver they loving maintained and passed on casually discarded for mere cash by your SO. Another thing to discuss with her.      Wrap up Generally, you are right about not keeping a 6 month emergency fund in silver. But there are other factors to consider here. There's also the fact that it's already bought -- the cost of buying (paying over market) has already been taken.  Edit -- so it's silverware Ah, so it's silverware. Well, scratch everything, except how the family member feels about, which now looms large.  This doesn't have much value as an emergency fund. Nor really as an investment. If you did keep it as an investment, think of it as an investment in collectibles/art, less so in precious metals. If no one will get upset, I'd say pick out the nicest set to keep for special occasions, and sell the rest. Find out first if it has collectible or historical value. It may be worth far more than the pure weight in silver. Ebay might be the way to go to sell it.\""}
{"_id": "209636", "title": "", "text": "The year over year compounding in India has the potential to make up for interest rate parity. But 3% isn't really going to create convenient amounts of earnings either until you get to larger amounts."}
{"_id": "209649", "title": "", "text": "The short answer is that the people who know aren't saying. [Lisa Pollack](http://ftalphaville.ft.com/blog/author/lspollack/) at FT has made a heroic effort at figuring it out, but working from what is publicly known and making some reasonable assumptions she can't even find $1 billion of losses, much less 9.   All we know for sure is that JPM sold massive amounts of protection on a particular CDS index. Roughly, that means that they sold insurance on a group of 125 companies, and they would lose money if one of those companies went bankrupt or looked like it might go bankrupt, and make money if those companies look less likely to go bankrupt.   However! They were certainly combining that position with other offsetting positions. Since their banking business loses money when companies go bankrupt, it would make sense if they protected themselves with an even more massive position that *made* money when companies went bankrupt.   A common strategy is to bet that the price of 1 thing will go up, and the price of a very similar thing will go down, so you are protected and can make money if both prices go up or if both go down. However, if the 2 things are not as similar as you thought, you can lose money from both bets. That's what seems to have happened to JPM.  Dimon has basically said that JPM screwed up their calculations, and positions that they thought were offsetting were not.    What also seems likely is that other companies figured out that JP Morgan had massive amounts of certain things that they needed to sell, so JPM was forced to sell at bad prices. You never want to play poker against someone who can see your hole cards.  So my speculative theory is that the main point of the trading was to protect JPM if other companies went bankrupt, but they did it with a complicated strategy that included selling protection. They got the calculations wrong, and then they were forced to sell at bad prices to other companies who knew they had to sell."}
{"_id": "209662", "title": "", "text": "Online auction websites offer you amazing deals on a variety of items including clothes, books, houses, vehicles, and even land. Today, many buyers prefer using these sites because they offer these items at highly competitive prices. Below are some of the best auction websites in the world."}
{"_id": "209682", "title": "", "text": "With direct access to world's finest diamonds, Mervis Diamond offers an amazing array of magnificent diamonds. Mervis Diamonds specializes in diamond engagement rings and wedding bands, diamond studs, and much more. Mervis has a reputation you can trust. For any budget, they will get you the biggest and most brilliant diamond possible, and save you some dollars in the process."}
{"_id": "209684", "title": "", "text": "\"I'm not an attorney or a tax advisor. The following is NOT to be considered advice, just general information. In the US, \"\"putting your name on the deed\"\" would mean making you a co-owner. Absent any other legal agreement between you (e.g. a contract stating each of you owns 50% of the house), both of you would then be considered to own 100% of the house, jointly and severally: In addition, the IRS would almost certainly interpret the creation of your ownership interest as a gift from your partner to you, making them liable for gift tax. The gift tax could be postponed by filing a gift tax return, which would reduce partner's lifetime combined gift/estate tax exemption. And if you sought to get rid of your ownership interest by giving it to your partner, it would again be a taxable gift, with the tax (or loss of estate tax exemption) accruing to you. However, it is likely that this is all moot because of the mortgage on the house. Any change to the deed would have to be approved by the mortgage holder and (if so approved) executed by a title company/registered closing agent or similar (depending on the laws of your state). In my similar case, the mortgage holder refused to add or remove any names from the deed unless I refinanced (at a higher rate, naturally) making the new partners jointly liable for the mortgage. We also had to pay an additional title fee to change the deed.\""}
{"_id": "209687", "title": "", "text": "Oh fucking face palm on my part.  I meant to say, it ended 1:07 in to the round, but it was actually a 1:05 in to the round.  Nevertheless, the points still valid, Floyd would of won his bet.  Edit: I'm ashamed I let this bot get me twice.  Gonna leave the error here so the whole world will remember my grammatical errors."}
{"_id": "209688", "title": "", "text": "So I was working at my dad's perfume store yesterday so he can take a day off. And I don't have that much experience, I occasionally fill in whenever he needs to take a day off for something. So yesterday I thought it was my lucky day cause I had two groups of people come in and buy nearly 500$ worth of items each but with credit cards. Now once again I don't have that much experience with this type of work. I just sold them the stuff but the procedure was the same as with any other group of people buying multiple items. Show them multiple stuff, bargain, and eventually they buy the stuff. I entered the price on the machine, they put in the card, they put in the pin, they signed the receipt and it was the end of that. Turns out both groups used stolen cards. So I get a call from my brother today saying both cards were stolen and we might not get the money for the stuff. But I pretty much followed the procedure I was told to, its just I don't know why we wouldn't get the money back."}
{"_id": "209706", "title": "", "text": "That is exactly how the insurance companies work. What you described here falls under P/L. If you are buying insurances you are betting that you might get sick. Same as when insurance companies sells you insurance they are betting that you won't get sick. No one will sell you insurance if you are oreads sick. That's why you have government to take of you. Of course there are pools of healthy and unhealthy people. The healthier the better for the company. No one is in it to loose money."}
{"_id": "209707", "title": "", "text": "The average household headed by an immigrant (legal or illegal) costs taxpayers $6,234 in federal welfare benefits, which is 41 percent higher than the $4,431 received by the average native household.  At $8,251, households headed by immigrants from Central America and Mexico have the highest welfare costs of any sending region \u2014 86 percent higher than the costs of native households.  Illegal immigrant households cost an average of $5,692 (driven largely by the presence of U.S.-born children), while legal immigrant households cost $6,378."}
{"_id": "209716", "title": "", "text": "Well, you can just say that 1 dollar contributed = one share and pay out dividends based on number of shares. That makes it pretty easy to make things fair based. There are pros and cons with this pooling approach."}
{"_id": "209718", "title": "", "text": "Given you mention a check clearing, in addition to debit card holds as JoeTaxpayer notes, you may also have funds that are on hold for that reason.  While the bank may have stated it would be a one day hold, some banks may mean business days (Monday-Friday), and so it will become available on Monday. This is because checks are not always instantly withdrawn from the other account (although this is becoming much more common post-electronic check reform), so the bank wants to make sure it actually is getting the money from the check; after all, if the check you deposited bounces, the bank doesn't want to end up footing the bill. The bank allows you some portion up front, largely as a customer service; the amount varies from bank to bank, but it's generally a small amount they don't mind risking.  $200 is a pretty good amount, actually; back when I was just out of college and frequently spending the last $50 in my account, the pre-clearance amount was usually $50. If the bank does this to you regularly and you feel that it is unfair in how long it holds checks, you might consider shopping around; different banks have different hold policies, or might allow you a larger amount up front.  In particular, online banks tend to have more favorable terms this way."}
{"_id": "209722", "title": "", "text": "V\u00e0ng V\u1eadt Ch\u1ea5t Jimmy Group cam k\u1ebft ph\u1ee5c v\u1ee5 c\u1ed9ng \u0111\u1ed3ng ngu\u1ed3n th\u00f4ng tin S\u1ea0CH trong \u0111\u1ea7u t\u01b0 Khuy\u1ebfn ngh\u1ecb Ch\u1ec9nh s\u1eeda  VN Index trong n\u0103m 2011 s\u1ebd v\u1ec1 200 \u2013 250 tr\u01b0\u1edbc khi mu\u1ed1n t\u0103ng m\u1ed9t c\u00e1ch \u1ed5n \u0111\u1ecbnh v\u00e0 \u201cl\u00e0nh m\u1ea1nh\u201dV\u00e0 th\u1ef1c t\u1ebf \u0111ang di\u1ec5n ra tr\u00ean th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng Kho\u00e1n Vi\u1ec7t Nam l\u00e0 nh\u1eefng n\u1ed7 l\u1ef1c n\u00e2ng \u0111\u1ee1 th\u1ecb tr\u01b0\u1eddng nh\u1eb1m l\u00e0m m\u00e9o m\u00f3 \u0111i b\u1ea3n ch\u1ea5t c\u1ee7a th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng Kho\u00e1n.  Jimmy Group nh\u1eadn th\u1ea5y c\u1ea7n ph\u1ea3i :  - Cung c\u1ea5p chi\u1ebfn l\u01b0\u1ee3c v\u00e0 d\u1ecbch v\u1ee5 giao d\u1ecbch 2 chi\u1ec1u cho Nh\u00e0 \u0111\u1ea7u t\u01b0 tham gia th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng Kho\u00e1n Vi\u1ec7t Nam.  - \u0110\u1ecbnh h\u01b0\u1edbng cho Nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u00e2n ch\u00ednh ki\u1ebfm ti\u1ec1n An to\u00e0n tr\u00ean th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng Kho\u00e1n Vi\u1ec7t Nam.  - T\u1ea9y chay t\u1ea5t c\u1ea3 nh\u1eefng h\u00ecnh th\u1ee9c l\u1eeba \u0111\u1ea3o tr\u00ean th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng Kho\u00e1n Vi\u1ec7t Nam."}
{"_id": "209728", "title": "", "text": "Looking for air conditioning installation Adelaide-based professionals? If affirmative, reach out to us and we will deliver on each of your needs quite perfectly and professionally. We are known as True Air Airconditioning Services, dedicated to offer quality air conditioning products and installation service to clients from both domestic and commercial sectors. We work with all major air conditioning brands, such as Fujitsu, Panasonic, Mitsubishi and like these. So, all this is hour\u2019s need is a call to us from your end and we are waiting."}
{"_id": "209730", "title": "", "text": "It is comparing apples to oranges. From govt or institution point of view defined contribution is better than defined benefits as they don't have to carry obligations. Although defined benefit sounds good, one can't guarantee it will be enough when you retire compared to inflation. It often becomes political issue. Defined contribution puts you in charge."}
{"_id": "209734", "title": "", "text": "\"In Portugal, I have a three bedroom apartment in a pretty good area. However, I can tell you about my aunt that raised two boys as a maid in a two bedroom apartment. They are not rich, but never starved, lacked clothing or anything vital.   Let me elaborate. In Lisbon, you pay around $30 for public transportation that includes the entire subway system, all buses in the great Lisbon area and trains. That one $30 card that we call \"\"passe\"\" lets you go around the city and you never have to wait more than 15 minutes for a bus; subway comes around every 5 minutes. Schools are 100% free and public schools are far better, have more prestige and give access to the best jobs - private schools can't compete. I used to pay $3 a day for meals when I was a kid when I didn't want to walk home, even though I had cooked meals waiting. There were 4 schools within 10-25 (farthest) minutes of walking distance and crime was so low that we all walked to school at age 11. It was in Coimbra (has one of the oldest, most historic and prestigious universities in Europe). That all leads me to gas, you really only have to spend money on gas if you want to. My sister begged my father to buy her a car for months, when he finally did she sold it after a year (don't recall exactly). We lived really close to a subway exit, even when I went partying I just called a cab and would pay no more than $15 total.   One last note, I have never met anyone who went through financial struggles because of medical bills in Portugal. My best friend's mother lost her life to cancer, their life didn't change one bit financially. When I say that to friends here, they are shocked and this reaction is what makes me sad. I am not a socialist or capitalist, both can have flaws if taken to extremes. However, I believe that those that genuinely try and work should have the chance to live a decent life.\""}
{"_id": "209737", "title": "", "text": "I'm retired.  a LONG time ago a biz friend make note that once a restaurant failed in a location, that location was cursed forever for a new restaurant.  ours is a HUGE/famous beach resort with big bucks everywhere.  I watched and for 40+ years, friend has been right"}
{"_id": "209754", "title": "", "text": "\"The value of a stock ultimately is related to the valuation of a corporation.  As part of the valuation, you can estimate the cash flows (discounted to present time) of the expected cash flows from owning a share.  This stock value is the so-called \"\"fundamental\"\" value of a stock.  What you are really asking is, how is the stock's market price and the fundamental value related?  And by asking this, you have implicitly assumed they are not the same.   The reason that the fundamental value and market price can diverge is that simply, most shareholders will not continue holding the stock for the lifespan of a company (indeed some companies have been around for centuries).  This means that without dividends or buybacks or liquidations or mergers/acquisitions, a typical shareholder cannot reasonably expect to recoup their share of the company's equity. In this case, the chief price driver is the aggregate expectation of buyers and sellers in the marketplace, not fundamental evaluation of the company's balance sheet.   Now obviously some expectations are based on fundamentals and expert opinions can differ, but even when all the experts agree roughly on the numbers, it may be that the market price is quite a ways away from their estimates.  An interesting example is given in this survey of behavioral finance.  It concerns Palm, a wholly-owned subsidiary of 3Com.  When Palm went public, its shares went for such a high price, they were significantly higher than 3Com's shares.  This mispricing persisted for several weeks. Note that this facet of pricing is often given short shrift in standard explanations of the stock market.  It seems despite decades of academic research (and Nobel prizes being handed out to behavioral economists), the knowledge has been slow to trickle down to laymen, although any observant person will realize something is amiss with the standard explanations.   For example, before 2012, the last time Apple paid out dividends was 1995.  Are we really to believe that people were pumping up Apple's stock price from 1995 to 2012 because they were waiting for dividends, or hoping for a merger or liquidation?  It doesn't seem plausible to me, especially since after Apple announced dividends that year, Apple stock ended up taking a deep dive, despite Wall Street analysts stating the company was doing better than ever.  That the stock price reflects expectations of the future cash flows from the stock is a thinly-disguised form of the Efficient Market Hypothesis (EMH), and there's a lot of evidence contrary to the EMH (see references in the previously-linked survey).  If you believe what happened in Apple's case was just a rational re-evaluation of Apple stock, then I think you must be a hard-core EMH advocate. Basically (and this is elaborated at length in the survey above), fundamentals and market pricing can become decoupled.  This is because there are frictions in the marketplace making it difficult for people to take advantage of the mispricing.  In some cases, this can go on for extended periods of time, possibly even years.  Part of the friction is caused by strong beliefs by market participants which can often shift pressure to supply or demand.  Two  popular sayings on Wall Street are, \"\"It doesn't matter if you're right.  You have to be right at the right time.\"\"  and \"\"It doesn't matter if you're right, if the market disagrees with you.\"\"  They suggest that you can make the right decision with where to put your money, but being \"\"right\"\" isn't what drives prices.  The market does what it does, and it's subject to the whims of its participants.\""}
{"_id": "209755", "title": "", "text": "The thing is, this is not the same electrical system that Saab would be employing. I see you guys are saying but it's just not the same. Electric cars require a whole new level of engineering, not just the wiring looms and such. Since it'll be a main focus of the car, they'll be doing things differently than they used to.  And yeah, reliability is going to be questionable up until the cars are released. Tesla motors is a good example of lofty electrical engine goals and unreliability. So I'm not saying it'll be a perfect car, I'm just saying it will most likely be handled in a different way."}
{"_id": "209776", "title": "", "text": "Reading about the [Bring Jobs Home Act](http://thehill.com/blogs/floor-action/senate/239029-republicans-blocked-the-democrats-insourcing-bill) it talks about how the (filibustered in July) bill would end the ability of companies to take a tax deduction for the costs of off-shoring labor(moving people and equipment overseas). The blog/newspaper articles don't really say much more than that."}
{"_id": "209778", "title": "", "text": "&gt; they're so inexpensive to make.  Oh, no argument here: they're a stop-gap measure to prevent (from the network POV) hemorrhaging cash.  I just think the networks are being short sighted, and responding far, far too early in a show's life.  It's not unlike stock investing, trying to respond to every epileptic twitch of the viewing polls.  The most watched episode in TV history (ender of MASH) was of a show that wasn't very popular to begin with, in fact it went 2 or 3 years before it started clearly leading the shows in it's time slots.  (Coincidentally, that's about the time they gave up the pure hyuk-hyuk, pink submarine style and went for the moral high ground.)"}
{"_id": "209783", "title": "", "text": "\"Mervis Diamonds is a family business specializing in diamond engagement rings and other fine diamond jewelry with a goal to augment life's special moments with high quality pieces that last a lifetime. With their origins at the diamond mines in South Africa, they maintain strong relationships and import all their own diamonds. Every stone they have has been hand-selected by Zed Mervis for superior \"\"Cut\"\" and brilliance. They help you choosing the most incredible pieces that help you standout from the crowd.\""}
{"_id": "209789", "title": "", "text": "Many brokers allow you to transfer shares to another broker without selling them. It depends on what kind of account and who the broker is for what forms you might have to fill out and what other hoops you might have to jump through."}
{"_id": "209804", "title": "", "text": "This was answered wonderfully in a recent Planet Money podcast:  Why Gold?.  Here are some higlights of gold: If listening to podcasts isn't your thing, read this summary."}
{"_id": "209826", "title": "", "text": "buying real estate is for people with sufficient financial resources to cover market downturns. Please read about the 2008 real estate market. Investing in real estate when you are a poor college student is a sure way to become a bankrupt college student. A single word answer to your question: No. Not reasonable. Your best investment is completing college with as little debt as possible and the most practical experience in the market area you are interested in entering."}
{"_id": "209838", "title": "", "text": "The short answer is that you would want to use the net inflow or net outflow, aka profit or loss.   In my experience, you've got a couple different uses for IRR and that may be driving the confusion.  Pretty much the same formula, but just coming at it from different angles.   Thinking about a stock or mutual fund investment, you could project a scenario with an up-front investment (net outflow) in the first period and then positive returns (dividends, then final sale proceeds, each a net inflow) in subsequent periods.  This is a model that more closely follows some of the logic you laid out. Thinking about a business project or investment, you tend to see more complicated and less smooth cashflows.  For example, you may have a large up-front capital expenditure in the first period, then have net profit (revenue less ongoing maintenance expense), then another large capital outlay, and so on.   In both cases you would want to base your analysis on the net inflow or net outflow in each period.  It just depends on the complexity of the cashflows trend as to whether you see a straightforward example (initial payment, then ongoing net inflows), or a less straightforward example with both inflows and outflows.   One other thing to note - you would only want to include those costs that are applicable to the project.  So you would not want to include the cost of overhead that would exist even if you did not undertake the project."}
{"_id": "209843", "title": "", "text": "\"I tell you how I started as an investor: read the writings of probably the best investor of the history and become familiarized with it: Warren Buffett. I highly recommend \"\"The Essays of Warren Buffett\"\", where he provides a wise insight on how a company generates value, and his investment philosophy. You won't regret it! And also, specially in finance, don't follow the advice from people that you don't know, like me.\""}
{"_id": "209846", "title": "", "text": "To the best of my knowledge, Los Angeles County does not require a lawyer to be involved in a real-estate transaction. I looked through the County Recorder site and found no evidence that a lawyer is required. I live in a different county in California where a lawyer is also not required for real-estate transactions. Some counties do require a lawyer to be involved. That said, a purchase contract - is a contract. A legal document which you sign. A realtor may be able to help you understand the housing market pricing trends, but cannot (not allowed by law) draft the contract for you or advise to you on the clauses of the contract you're signing. Only a lawyer licensed in your State (California) is allowed to do that. So if you want a legal advice about the contract you're going to sign - you need to talk to a lawyer. Especially if you want a contract drafted for your own special needs, or have some specific titling requirements (for a company, or a trust - for example). Same goes for the mortgage contract and any other piece of paper you'll be signing during the closing meeting (and there will be plenty of such signatures). So it is not a question of need, it's a question of should."}
{"_id": "209849", "title": "", "text": "Consolidation makes sense, if your friend has his act together and isn't going to run up more debt. Finding a lender will be tough. I'd suggest trying local credit unions, making sure first that there has been NO late or missed payments for 6-9 months. You need to talk to a human at a local lender who will give you informal guidance about what you need to approve, so you don't end up getting lots of declinations. If its more than $10k, it will be hard to get a loan like this from anyone. In that case, you need to focus on the smallest debts first, because your friend's cash flow is going to be pinched by making payments to multiple creditors. It's critical to pay all creditors on time for at least the minimum amount due.  The problem is, once you start paying things down, the creditors will start ratcheting down credit limits. When that happens, you're at greater risk for getting nabbed with fees and higher minimum payments, which may be considered a universal default by other lenders.  There isn't alot of detail here, but depending on income and the amount of debt, your friend should be prepared to file for Chapter 13 bankruptcy."}
{"_id": "209859", "title": "", "text": "\"If you find a credit card with 0% interest, let us know!  I guess I'll just be the one to tell you that this belongs in /r/personalfinance  No, a new credit card balance won't affect your existing mortgage. However opening that mortgage so recently definitely dinged your credit substantially and it almost definitely hasn't recovered yet so your credit score isn't as good as you think it is from the home purchase.  If you can magically finance $4k for 0% APR then obviously you should do that since you're house poor but be absolutely sure you're right about the terms of financing. I normally make purchases like that on a rewards credit card (airline miles) then pay it off immediately but that's just me.  Using the word \"\"adulting\"\" answers that question immediately.\""}
{"_id": "209863", "title": "", "text": "\"IPO's are priced so that there's a pop\"\" on the opening day.\"\" If I were IPOing my company and the price \"\"popped\"\" on the open, I would think the underwriter priced it too low. In fact if I were to IPO, I'd seek an underwriter whose offerings consistently traded on the first day pretty unchanged. That means they priced it correctly. In the 90's IPO boom, there were stocks that opened up 3X and more. The original owners must have been pretty upset as the poor pricing guidance the underwriter offered.\""}
{"_id": "209865", "title": "", "text": "Are things getting better yet or are things still a mess? I have heard people say that right now is a 'good' time to take out a   loan, and that it is a buyer's market in real estate. Something to consider here is what intentions do you have for the real estate you'd buy.  If you intend to sell quickly, then selling into a buyer's market doesn't sound like a great idea.  While real estate may be cheap, there can be the question of how long do you think this will last?  How much of a burden on time and energy are you expecting to take if you do switch residences or buy an investment property? But more specifically, are there any hidden details that come with   taking a loan out when interest rates are low that I should be aware   of? I'd be careful to note if the rate is fixed for the entire length of the loan or does it adjust over time.  If it can adjust then there is the possibility of those adjustments going up."}
{"_id": "209879", "title": "", "text": "At the end of the year, the mutual fund company sends you a statement like any other investment and it has a bunch of boxes that you copy into your tax return software.  Then you just check the box that says 'tax-exempt' and you're done."}
{"_id": "209896", "title": "", "text": "That line of thinking worked so well for the tobacco industry. And for the plastics industry. And for the GM food industry. And for the climate change deniers.   Since you obviously didn't really read all the embedded links there is no point to continue. I really don't care. We can talk in a few more years."}
{"_id": "209917", "title": "", "text": "Upvote for the lengthy and clear explanation.  I was economics major and I still like to follow economics 15 years later and i agree with your points. But I wonder if your username doesn't detract from your comment visibility by egging on down voters."}
{"_id": "209937", "title": "", "text": "Isn't most of today's shopping all about convenience? Isn't the Amazon go concept much more convenient for a shopper than the current situation? Do you not think they will implement that into all Whole Foods stores?   People change where they buy their products based on price changes and convenience all the time."}
{"_id": "209963", "title": "", "text": "The short answer is to invest it since the rate of return is higher than your mortgage. (Assuming that you can withstand interest rate hikes, meet short term liquidity needs and don't need your $10K in the short or near term). The long answer is if you're comfortable leveraging your house and can put that $10K away for the long term you can reduce your taxes via the Smith Manoeuvre: Alternatively, if you have kids or grandkids and will help them through school, take the government's money by putting it away in an RESP."}
{"_id": "209965", "title": "", "text": "\"* Claiming something is a simple solution does not make it a simple solution * Taxation is not a simple solution * Taxing HFT is just going to cause the HFT traders to squish around and find loopholes and ways to avoid the letter of the law, making the situation *more complicated* * This will engender *more* legislation, further obfuscating the market, making it even harder to understand exactly what's happening * And on and on the cycle goes, the government with \"\"simple\"\" solutions that don't work, and the market responding by squeezing around them somehow  Here's a better way to solve this: ***STOP TRADING ON A MARKET YOU DO NOT TRUST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!***  Don't ask the government to step in and clean it up. JUST FUCKING STOP USING IT! Make a new exchange, an exchange that *chooses* to not allow HFT, and let the HFT-inclusive markets collapse into a shitpool of cancelled block orders that nobody can use.  *THAT* is the simple solution - let it fall apart on its own. *Let it die a death of natural causes!* But that solution does not empower the government or accord it a \"\"right\"\" to tax something, so *that* solution will *never* be discussed, nor implemented.\""}
{"_id": "209968", "title": "", "text": "I'm a democrat so get off your midget-horse. If there are no jobs in your city, yes you should move.  I did and as did all 3 of my siblings. Pretty much every single person I went to college with moved from their hometown as well to pursue a better paycheck. Moving for work has always been an integral part of the American psyche, it's literally how your state was founded and what separated us from Europeans in the 19th and early 20th centuries.   What do you want to have happen?  You want the federal government to force companies to move to your home state?  You want to pay a bunch of corporate welfare to entice a company to move for you?  If anything you should be pissed that your state government has created such a toxic environment that no one wants to open a business there besides those looking to exploit your natural resources. Your economy sucks because of your local politics - almost everywhere else is doing well as far as employment goes. There should be wage increases happening right now that aren't but if we don't go into recession they will go up soon. They are going to have to. But only in those places with diverse economies built on future tech energy models.   Don't get mad at me, get mad at yourself and those around you. You all have voted for republicans who have dicked you over for decades yet it's always someone else's fault. I understand you're a democrat personally so you of all people should understand this."}
{"_id": "209974", "title": "", "text": "They believe that it reduces the risk that Revenue Canada will deem you to be an employee and make them pay a whole pile of tax, EI, CPP and so on that should have been paid if you had been hired as an employee. It's my recollection that the employer gets dinged for both the employee and employer share of those withholdings (and generally the employer's share is larger than yours) so they really want to prevent it. There's a Revenue Canada publication about whether you're an employee or not. There's nothing on it about being incorporated, but still employers feel more protected when their contracts are incorporated.  We did work as a sole proprietorship at the very beginning, so that we could deduct our losses against employment income earned earlier in the year, before we started the business. You can find clients who will take you on. We incorporated once the losses were over with (basically we had bought the equipment and office supplies we needed to get started.) It's a simple and relatively inexpensive thing to do, and gives clients a sense of protection. It won't protect you from your own poor decisions since you'll be a director of the firm."}
{"_id": "209996", "title": "", "text": "\"Nobody knows for sure what \"\"substantially identical\"\" means because the IRS hasn't officially defined it. Until they do so, it would come down to the decision of an auditor or a tax court. The rule of thumb that I have always heard is if the funds track the same index, they are probably substantially identical. I think most people wouldn't consider any pair of AGG, CMF, and NYF to be substantially identical, so you should be safe with your tax-loss harvesting strategy.\""}
{"_id": "209997", "title": "", "text": "For the purpose of personal finance, treating $500 as Interest Expense is sufficient.  For business accounting, it involves making the $500 a contra-liability and amortizing it as interest expense over the course of life of the loan."}
{"_id": "210011", "title": "", "text": "\"**Poverty in the United States**  Poverty is a state of deprivation, lacking the usual or socially acceptable amount of money or material possessions. The most common measure of poverty in the U.S. is the \"\"poverty threshold\"\" set by the U.S. government. This measure recognizes poverty as a lack of those goods and services commonly taken for granted by members of mainstream society. The official threshold is adjusted for inflation using the consumer price index.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "210015", "title": "", "text": "\"His push to have \"\"lean\"\" QC have really bit them in the ass though.  Also, for a company that is now pushing to be primarily Office and Cloud driven, the Outlook client and website is a piece of shit. The only reason why the mobile one is so good is because Microsoft bought Accompli.\""}
{"_id": "210019", "title": "", "text": "It's a good point to make with bot presence. For the most part Twitter is made of people, even if there are a lot of false or bot accounts. That being said I don't find it as strong a marketing channel because of the nature of Twitter at its core.   If you follow 1000 people you're likely to have nearly 10,000 tweets going through your feed. It's hard to really fight for attention but you can still get decent response and views when done right.   As for Instagram...  I think in the long term, just as any other social network, the lifespan of it depends on the content. As long as people are having new experiences and taking photos of them there will always be more content.   That being said there are tons of accounts that pretty much post the same content. It saturates things like the explore feature because they're using less than kosher tactics to get likes.   Ultimately I think policing of Instagram as they have been is the best strategy for keeping it going.   Even though I'm a marketer, I'm also a Millennial with pretty typical values. Blatant advertising is annoying and intrusive when it comes to user experience and many young people today feel that way.   By policing things like auto-engaging, false locations (you used to be able to just type locations like 'Follow Me') and being very keen on following through with reports of spam accounts is a good way to keep younger people on it.   Unless you're paying for ads marketing on Instagram typically consists of native content that looks good on feeds and needs engagement to rise up. This is a good way to curb marketing while still maintaining a good user experience.   As a side note, part of why I use Snapchat less is how they shove ads down your throat, which gets old pretty fast. Ads on snapchat pretty much ruined the platform for me personally aside from using it for communication.   As long as Instagram maintains this balance based around the user and not the advertisers I think it will be going for quite some time."}
{"_id": "210022", "title": "", "text": "We're not talking about successful people. We are talking about people earning minimum wage. It's asinine to think people earning minimum wage want more time when they are protesting for a raise. What they want is more money because they are struggling to make ends meet. More time doesn't do much for someone trying to pay bills."}
{"_id": "210029", "title": "", "text": "Usually problems like what you're running into mean that the megabank hasn't finished digesting acquisitions, or they cannot meet some state regulatory issue with the main system. Bank of America is/was like this for a few years -- tellers had access to separate Fleet Bank, BankSouth and BoA systems, but you as customer got stuck when doing seemingly routine transactions. You're probably in a situation where your older accounts are in System A, and the newer ones are in recently acquired System B. You should be able to avoid this problem by opening new accounts at Citibank, or just getting another bank. If you have a good rapport with a branch manager, explain the situation and see if they can do anything. FWIW, Unless you're spending alot of time in Manhattan or travel overseas often, there aren't many advantages to having a Citibank account these days."}
{"_id": "210051", "title": "", "text": "I wouldn't read into the title too much. We live in a world of click bait. I'd agree with your statement,  that really the point is that reading fiction makes you better at understanding human emotion which makes you better at investing because the market is very emotional by nature. Of course I'd say if this is your position I'd be taking some long straddle positions on options leading up to conference meetings on big companies like Apple, Google, Amazon, Tesla and calling it a day."}
{"_id": "210065", "title": "", "text": "Rapid injection molding is not the solution of all problems. It is not possible to shorten all processes by this technique. There are certain things which are out of the trajectory of this technique. It does not matter that if you have endless recourses and put a lot of effort, some process will take time."}
{"_id": "210067", "title": "", "text": "Self driving cars will not be Uber's demise. In fact, it's exactly what they're waiting for. This ride sharing business is all just to position themselves in the market. Why do you think they're going to such great lengths to crush Lyft? As soon as self-driving cars hit the market Uber is going to start buying them up in large numbers."}
{"_id": "210084", "title": "", "text": "I too have a nexus 5 and have had a note 2 and various other phones i couldn't reach the top left corner but on andriod it isn't really an issue. When I use an iPhone 5 i have issues hitting that stupid back button all the time with my tiny lady hands. I bigger iPhone would be completely useless to me unless they revamp the UI and judging by their keyboard UI it hasn't really been a top priority."}
{"_id": "210086", "title": "", "text": "Being an ex-banker, I agree, and I'd add that they were scared shitless to hire on again and we're very happy to grind everyone to death until the employees screamed uncle. I was on the corporate credit side, which is not automatible"}
{"_id": "210097", "title": "", "text": "You're taking one instance of a spurious correlation and using it as an example of why a theory which everyone knows it false, is false?  Congrats to you sir.  You have done nothing interesting.  The correlation is spurious, correlation is not causation, and EMH is already demonstrably false.  You sound like an uneducated prick who knows a couple big words."}
{"_id": "210117", "title": "", "text": "\"Lol, wtf kind of question is this?    First off, there is no single \"\"derivatives market\"\".  There's listed derivatives (ETD's) and OTC.  Then you can break each of those broad markets down into forwards, futures, options (includes all exotics such as binaries, single barriers, double barriers, one touches, double no touches, knock ins, knock outs, reverse knock ins, reverse knock outs, window barriers, etc), and swaps (including swaptions).  All of these are product specific (FX, FI, Credit, Equities, Commodities, etc).... so its more appropriate to look at derivatives with respect to the market they are in rather than all derivatives across all markets.  Now to your question... your question makes absolutely no sense.  Are you wondering what the daily volume is?  Notional outstanding?  Total exposure?\""}
{"_id": "210118", "title": "", "text": "&gt;When a store physically closes, does that effect business in that surrounding area?  Absolutely. Many malls are only alive because they have anchor stores that attract customers, which then purchase from less attractive outlets nearby. To compensate, I believe outlets generally subsidize rents of anchors.   &gt;This is kind of a branding issue I guess. And/or do online sales noticeably decline in that area?  I don't have any data for this, but I believe online sales would increase as brand awareness increases. There are also benefits where you can buy online and have it delivered, but return in person.   &gt;I got curious from this because I\u2019ve always noticed that L Brands (operates Victoria\u2019s Secret &amp; Bath and body Works) seems to be in many malls, even failing ones. I\u2019ve since learned that this is actually their business model. But why?  Probably low rents. Commercial real estate is a difficult business. Hot locations are always rented. Bad locations will do anything to keep their tenants.  &gt;Would they have high rates of return if they were online? Increases in damages? (hard to resell shower gel and undies, even if you don\u2019t know if they were used)  I have never seen either of those items be accepted for return...  &gt;Or for specialty retailers is it important to the brand that they have a physical location for brand recognition?  Yes. Also there are customer acquisition benefits to being physically present such as being able to give out samples, and having a good fragrance such as Subway and that body wash place."}
{"_id": "210130", "title": "", "text": "The metric I prefer is net worth, minus the value of your home, then divide by your annual expenses.  The house is subtracted because you need to live somewhere, so its worth isn't part of retirement savings. I divide by expenses to create result that really answers how close one is to being able to retire. The target is to have 25X your required spending gap. Note, as you close in on retirement, and social security is still in place, you can use it in your planning. If I were in my 20s or 30s today, I wouldn't use it in my numbers."}
{"_id": "210136", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://fee.org/articles/imf-head-predicts-the-end-of-banking-and-the-triumph-of-cryptocurrency/) reduced by 93%. (I'm a bot) ***** &gt; For now, virtual currencies such as Bitcoin pose little or no challenge to the existing order of fiat currencies and central banks.  &gt; IMF experience shows that there is a tipping point beyond which coordination around a new currency is exponential.  &gt; Some would argue that this puts a question mark on the fractional banking model we know today, if there are fewer bank deposits and money flows into the economy through new channels.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73tx56/imf_head_foresees_the_end_of_banking_and_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220697 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bank**^#1 **currency**^#2 **virtual**^#3 **central**^#4 **new**^#5\""}
{"_id": "210144", "title": "", "text": "&gt; At a time when small businesses could not get affordable loans to create jobs, the Fed was providing trillions in secret loans to some of the largest banks and corporations in America that were well represented on the boards of the Federal Reserve Banks.  the 1% helping the 1% ? that's preposterous !"}
{"_id": "210149", "title": "", "text": "In response to one of the comments you might be interested in owning the new home as a rental property for a year.  You could flip this thinking and make the current home into a rental property for a period of time (1 year seems to be the consensus, consult an accountant familiar with real estate). This will potentially allow for a 1031 exchange into another property -- although I  believe that property can't then be a primary residence. All potentially not worth the complication for the tax savings, but figured I'd throw it out there. Also, the 1031 exchange defers taxes until some point in the future in which you finally sell the asset(s) for cash."}
{"_id": "210163", "title": "", "text": "\"The problem I have with this argument is exemplified by the following statement:  *\"\"Focusing on share-restricted hedge funds between 1999 and 2008, Sadka and Ozik found that funds with recent inflows on average earned an additional 5.6 percent annually compared to funds that experienced outflows.*\"\"  Funds that are doing well tend - on average - to see customer inflows.  Funds that are doing poorly tend - on average - to see customer outflows.  It's the concept of \"\"hot money.\"\"  The authors here imply that it's the fund inflows that prompt the outperformance, when - in reality - outperformance prompts fund inflows.\""}
{"_id": "210175", "title": "", "text": "The context actually was higher education and student debt load (which extends to cost). You can try to broaden it but the title of the thread, the linked article, the comment I replied to and my comments all reference higher education and costs. Once again, your comment is correct in a broader context, just not in the one we were in, at least not to all readers clearly.   You want to be right but what you need to accept is that you just flubbed your post (tbh I agree with you on most points here) and should likely add some more detail to your statements."}
{"_id": "210180", "title": "", "text": "There are few different types of MI you can choose from, they are: Borrower-Paid Monthly (this is what most people think of when they think MI) Borrower-Paid Single Premium (you may have QM issues on this) Lender Paid Single Premium Split Up-front and Monthly The only way to determine which option will ultimately cost you less is to come up with a time estimate or range for how long you anticipate you will hold this mortgage, then look at each option over that time, and see where they fall. To answer your question about the single-premium being added to your loan, this typically does not happen (outside of FHA/VA).  The reason for that is you would now have 90%+ financing and fall into a new pricing bracket, if not being disqualified altogether.  What is far more typical is the use of premium pricing to pay this up-front premium.  Premium pricing is where you take a lender credit in exchange for an elevated rate; it is the exact opposite of paying points to buy down your rate. For example:  say a zero point rate is 4.25%, and you have monthly MI of say .8%.  Your effective rate would be 5.05%.  It may be possible to use premium pricing at an elevated rate of say 4.75% to pay your MI up front--now your effective rate is the note rate of 4.75%.  This is how a single premium can save you money.  Keep in mind though, the 4.75% will be your rate for the life of the loan, and in the other scenario, once the MI drops off, the effective rate will go back down from 5.05% to 4.25%.  This is why it is critical to know your estimated length of financing."}
{"_id": "210187", "title": "", "text": "Back when I was 25 and living near Kansas City, I would put 500-700 miles on my car almost every weekend traveling to other places like Omaha, St. Louis, Iowa City, occasionally Minneapolis, once to Fargo, and one longer trip all the way to Virginia... There's a whole lot of nothing out there so road trips are quite naturally long. They're also quite attractive and I still wouldn't miss an opportunity to get up and drive somewhere for the weekend. But, I have spent less money on cars in my entire lifetime than you have on this single car. I preferred then, and still do, to buy older cars for a few thousand dollars (or even less) and drive them until they die or can no longer pass inspection. Changing the oil is usually the most maintenance I'll do. Since I've spent so little on each car, I don't really care if it suffers some minor damage, or even gets totaled in an accident (which fortunately has never happened), so I would only carry the mandatory liability insurance. This is going to be much cheaper than the full coverage you will have on your car. If something did happen I would just go buy another junker. One such car I bought cost me a grand total of $150 excluding gas and gave me almost 10,000 miles until its transmission fell out. Another that I paid $100 for had difficulty getting over 60 miles an hour, but it did those 500-mile trips almost every weekend for two years before the engine threw a rod. This might not be something you want to do. Perhaps you don't want to be seen driving what one of my exes called a ****mobile because people will misjudge you. But consider that billionaire Sam Walton (of Wal-Mart) could afford any vehicle he wanted, but drove an old pickup truck. I present it as an option because it works for me, and might work for you. And my ex liked my old cars, especially the 1983 Mercury Zephyr station wagon with enough space in the back for a full size bed... Thus you have one possible way to cut your expenses significantly. The only thing left to deal with is parking and its attendant security issues. My ****mobiles have never been stolen, broken into or even looked at funny, though I have never left anything visible in them but the occasional bit of trash. Thieves don't seem to expect an old beater to contain valuables or even be drivable, and a chop shop certainly wouldn't want one. And as I noted in a comment earlier, it's possible to find cheaper monthly parking in NYC if you search carefully; the $130/month example in the Bronx being just the first one I found after 25 seconds on Google. I am pretty sure that if you do some more extensive research you can find cheaper parking that is reasonably secure and at least relatively convenient to your most common travel plans."}
{"_id": "210188", "title": "", "text": "When has a terrorist EVER had trouble getting onto a plane?  The TSA screening is a joke, and actual suspected terrorists don't go on the no fly list, since that would alert them that they are under surveillance.  All airplane terror plots that have been stopped in recent times have been stopped by other passengers on the airplane.  If I was able to go from the front door, checking my luggage, going through security, through the gate, and onto my plane without seeing a single airline employee or TSA thug, I would feel significantly safer.  Hell, put me on a drone with no human pilot, and have vending machines rather than flight attendants.  Also, while I'm making demands, airplanes should have bunk beds instead of seats, and they should gas the cabin on long flights."}
{"_id": "210197", "title": "", "text": "Which is fine, because the prediction of what college will be like in 20 years is dramatically changing. Colleges will be a thing of the past - rendered nearly obsolete by the oodles and oodles of free education online. The education of the future will reach directly into the homes of students, and finally evolve as fast as all the technologies it professes to teach (but cant) and college costs will eventually fall.     Not only will costs fall - but they already [predicted to collapse.](https://www.ft.com/content/a272ee4c-1b83-11e7-bcac-6d03d067f81f?mhq5j=e1)"}
{"_id": "210203", "title": "", "text": "\"&gt;In a note this morning from Deutsche Bank's freight and logistics analyst Amit Mehrotra, he notes that  the \"\"WMT vs. AMZN battle is heating up\"\" and points to a report by DV Velocity, according to which a well respected transportation industry consultant told attendees of a logistics conference that Walmart (WMT) is telling trucking companies that it will no longer do business with them if they continue moving goods for Amazon (AMZN).  Basically, an analyst from a foreign company said that a report from another company cited a \"\"well respected transportation industry consultant\"\" who told people at a logistics conference that Walmart is telling US trucking companies that it won't do business with them if they continue moving goods for Amazon. This is like quadruple hearsay, from an unreliable website, and should not be relied upon.\""}
{"_id": "210211", "title": "", "text": "It serves its purpose.   I have an account there, but transferred most of the funds in it to an American Express account a while back.  The primary reason was that, unlike ING, AE actively worked with Mint."}
{"_id": "210219", "title": "", "text": "\"Real target of commisions is providing \"\"risk shelter\"\". It is kind of \"\"insurance\"\", which is actually last step for external risks to delete all your money. In part it cuts some of risks which you provide, brokers track history of all your actions for you (nobody else does). When brokerage firm fails, all your money is zero. It depends from case to case if whole account goes zero, but I wouldn't count on that.\""}
{"_id": "210236", "title": "", "text": "\"I think you're on the right track with that strategy. If you want to learn more about this strategy, I'd recommend \"\"The Intelligent Asset Allocator\"\" by William Bernstein. As for the \u00dcber\u2013Tuber portfolio you linked to, my only concern would be that it is diversified in everything except for the short-term bond component, which is 40%. It might be worth looking at some portfolios that have more than one bond allocation -- possibly diversifying more across corporate vs government, and intermediate vs short term. Even the Cheapskate's portfolio located immediately above the \u00dcber\u2013Tuber has 20% Corporate and 20% Government. Also note that they mention: Because it includes so many funds, it would be expensive and unwieldy for an account less than $100,000. Regarding your question about the disadvantages of an index-fund-based asset allocation strategy:\""}
{"_id": "210241", "title": "", "text": "Since you seem to be interested in investing in individual stocks, this answer will address that.  As for the general question of investing, the answer that @johnfx gave is just about as good as it gets. Investing in individual stocks is extremely risky and takes a LOT of work to do right.  On top of the fairly obvious need to research a stock before you buy, there is the matter of keeping up with the stocks to know when you need to sell as well as myriad other facets of investing.  Paid professionals spend all day, every day, doing this and they have a hard time beating an index fund.  Unless you take the time to educate yourself and are willing to continually put in a good bit of effort, I would advise you to stay away from individual stocks and rely on mutual funds."}
{"_id": "210252", "title": "", "text": "Here's a sneak peek of /r/FinancialCareers using the [top posts](https://np.reddit.com/r/FinancialCareers/top/?sort=top&amp;t=year) of the year!  \\#1: [Wish me luck for final rounds.](https://np.reddit.com/r/FinancialCareers/comments/78bc8w/wish_me_luck_for_final_rounds/)   \\#2: [Firm is currently hiring two analysts (at least internship experience) and potentially an additional senior analyst/associate (2-4 yrs). If you fit the bill, feel free to PM.](https://np.reddit.com/r/FinancialCareers/comments/62tu9w/firm_is_currently_hiring_two_analysts_at_least/)   \\#3: [What is the best finance-related book you have ever read?](https://np.reddit.com/r/FinancialCareers/comments/5l9ban/what_is_the_best_financerelated_book_you_have/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "210257", "title": "", "text": "\"As with ANY investment the first answer is....do not invest in any that you do not fully understand.  ETF's are very versatile and can be used for many different people for many different parts of their portfolio, so I don't think there can be a blanket statement of \"\"this\"\" one is good or bad for all.\""}
{"_id": "210259", "title": "", "text": "If the employees keep it up, then it would make sense for Walmart to raise their wages because they would not be able to find employees without raising the wage.  If Walmart is always able to find employees who will work at minimum wage, though, it can be argued that the minimum wage is what that job is worth both to the employees (otherwise no one would take the job) and employers.  Of course, this does not necessarily mean it is completely compassionate to do so since it is always nice to give people more money, it does show that this is efficient (using the economics sense of the word)."}
{"_id": "210265", "title": "", "text": "Yes, you can trade your properties. Go to the county recorder's office to find out the exact procedure. Deeds generally have specific language to use and you must describe the property accurately in the deed. If you want to do the transfer yourself, you will need to make sure you have the language correct. Also, you might want to do a title search to make sure that there are no claims against the property your brother is trading you, such as by a lender who might have loaned money to him with the property as collateral. (3) Yes, the normal way in the US is quitclaim deeds. (4) A quitclaim deed only lists the money (or other consideration) that changes hands. (5) Since it is a trade for equal value, there are no taxes. (6) No. Normally a lawyer is only needed if you are dealing with a stranger and the transaction is complex. As long as you follow the procedures of the clerk's office correctly there should be no need for a lawyer. In fact, a lawyer might be undesirable because they could slow things down. Also, since this is a non-standard trade, a lawyer actually has a higher chance of screwing something up because they will not give it long thought, the way you would. Also, they will use messengers and mail instead of actually going to the recorders office, another source of error which you can avoid by doing the process correctly--ie visiting the recorders office. Lawyers don't like getting out of their chairs and this causes them to make a lot of mistakes."}
{"_id": "210268", "title": "", "text": "A company's stock value is indicative of the market's collective belief of the future of the company. The relationship of between price and book value will vary according to the quality of the company, the category of stock, etc. In extreme cases, say Bank of America, the stock trades at a fraction of book, because BOA's books are a fantasy by most people's reckoning."}
{"_id": "210270", "title": "", "text": "\"I don't think someone who walks in to a Red Lobster or Olive Garden is there for a dollar savings. They know what they want going in, and they have a general idea as to the price range of items. People go there as an experience package, meaning the food is consistent, the atmosphere is expected and the menu is with a certain range of culinary expectation that fits a genre. When little Jimmy and Molly ask their parents to go to out for dinner, and mom and dad think it'll be great to \"\"take the gang for some food,\"\" a dollar per item is not going to register. The parents, once they've decided to go out, have already registered in their minds that this will be an expensive night, but it's a treat and that's how they're going to spend Friday evening.   Now, if there's a gradual, consistent increase within a couple years, yeah, it'll register, but a $1 now is going to be a blip.   This will not lead to a mass exodus of customers.\""}
{"_id": "210273", "title": "", "text": "im hitting the indian market down the street from now on.  Like I said in another comment, have you ever seen an indian mother pick out fruits and vegetables?  she busts out the jewelers loop.   Whole Foods can turn into a robotics factory, i wont be a test subject.    p.s. i am NOT high currently."}
{"_id": "210292", "title": "", "text": "To get the company to change their behavior for future people?  To help foster an environment in which companies in general won't behave like this?  Presumably also to compensate the guy for not getting the job when he should have been qualified to get it had they not acted illegally?  From another direction... what's the point of making something illegal is there is no enforcement?  Why would anyone sue a company for not hiring black people if they that was just going to lead to a hostile work environment?  Because it is meant to change things, not perfectly resolve that one particular incident."}
{"_id": "210300", "title": "", "text": "My guess:  they are giving you a constant number of days between when the bill is sent and when it is due.  Due dates are usually set either: same date each month IE the 3rd of each month. same day IE first thursday of the month. Note: due date might vary based on weekends. Number of days in the month - date on bill should be pretty constant if due date option #1 is being used.  Note how Feb dates were usually earlier, since it is a shorter month."}
{"_id": "210302", "title": "", "text": "Get on a written budget at the BEGINNING of the month. If you dont write down where your money goes BEFORE you spend it, you have no way of keeping track of it.  I couldn't do a thing until I got on a written budget but now that I am, I've paid off $10,000 in 7 months."}
{"_id": "210314", "title": "", "text": "\"How have I moved the goalposts? My original claim was that the \"\"ransom\"\" was a result of the unions. That's what you quoted. And what you responded to just there said the exact same thing.  It's a factually true statement. Boeing made these demands as a result of the union labor driving up labor costs. Washington State offered Boeing incentives to stay as they would otherwise be looking to move as a direct result of the union labor wages.\""}
{"_id": "210343", "title": "", "text": "I am from Santa Cruz. McDonalds closed over 5 years ago.  It was hugely popular here, probably the most popular Hamburger place. The problem was the guy who brought the franchise, promised a much higher volume of sales. These figures were unrealistic for Bolivia and the Headquarters cut the chain.  However, such is the demand, that there are talks about McDonalds being back next year.  EDIT: I don't get why the article makes it seem as this happened quite recently. McDonalds has been closed for some time, before Evo was in power even.   I'd also like to add that at the time McDonald's hamburgers while extremely popular were overpriced for the Bolivian market. However, due to inflation and all the drug money rolling around now days, it would certainly be competitively priced and hugely successful.   EDIT 2: Here is an article dating McDonalds closing in November of 2002, so nearly 10 years ago. http://www.eldeber.com.bo/anteriores/20030308/economia_9.html"}
{"_id": "210345", "title": "", "text": "Shred it all.  You might want to keep a record going back at most a year, just in case.  But just in case of what?  What is a good idea is to have an electronic record.  It's a good practice to know how your spending changes over time.  Beyond that, it's just a fire hazard. The thing is, I know I'm right in the above paragraph, but I'm a hypocrite:  I have years' worth of paper records of all kinds.  I need to get rid of it.  But I have grown attached.  I have trucked this stuff around in move after move.  I have a skill at taking good care of useless things.  I've even thought of hiring somebody to scan it all in for me, so that I can feel safe shredding all this paper without losing any of the data.  But that's insane!"}
{"_id": "210347", "title": "", "text": "\"APY stands for Annual Percentage Yield, a calculation done by the financial institution to make simple comparisons of account value after 1 year between competing accounts. The APY includes the effects of compound interest regardless of the rate of interest, so the simple answer is: no, your return is only your principle multiplied by the APY after a year. Credit Unions are more member participatory than a bank, so the name \"\"share\"\" implies that you own a share of the credit union and it's future. It's possible that the CU could elect to pay a dividend on top of your interest rate. Since you have the option to credit the dividend to the share certificate account or another place, it seems that interest would be paid on the dividends left in the SC on the compounding schedule at the contracted rate.  You would have to look at the terms of the account to verify precisely when the dividend is payed, whether it's a value above and beyond the interest, and how it is compounded into our account.\""}
{"_id": "210383", "title": "", "text": "My take on this is banks want to bring fear to homeowners to get them to go for fixed mortgage rates which are higher. Also (here in Canada at least) every journalist suddenly is a real estate expert and predicts crashes yet has never written on real estate before. There are also the people that want a crash to happen since they missed the boat on the real estate boom. And not to mention writing country wide predictions is just pointless. Did the real estate market in Manhattan crash in 2008? I actually don't know the answer, but I highly doubt it."}
{"_id": "210385", "title": "", "text": "\"Yes it is.  The most effective form of honesty is to properly set expectations up front, and get good at delivering on those promises over time.  Don't confuse \"\"Building the best product\"\" with honesty.  Building the product that people want, the product that people can trust is often better than waiting for \"\"the best.\"\"  Dependability is often more valuable.\""}
{"_id": "210386", "title": "", "text": "Are you very certain that your regular investments will produce >10% above and beyond what can be created from your 401(k) plan?    Unless you have a monumentally terrible selection of funds with massive fees you would need to be a truly exceptional investment genius to consistently beat the 10% penalty hurdle.  Also, losing the tax-deferred growth for your money is a large additional hurdle meaning that your investment skill would have to be near Warren Buffet levels to just break even.   That 10% + tax-deferral is easy free money just like the 50% match.  Wait for a few years until you switch jobs and roll the money into an IRA and you will have full control and a lot more money. Taking the penalty is a bad idea."}
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{"_id": "210434", "title": "", "text": "\"If you are concerned about inflation, here are a couple of \"\"TIPS\"\". You can buy a mutual fund or ETF which adjusts for inflation. Here is one link which you may find useful: http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2010/12/02/etf-basics-how-to-fight-inflation\""}
{"_id": "210437", "title": "", "text": "&gt;Content Writer  &gt;Content writing is a quick job nowadays. There are some excellent marketplaces for writers. You can get a job as a writer there. I will give a short list here.  &gt;People always look for a writer, who has website or blog. I often look for writers for my niche sites. I love to change writer and deal with new peoples. I hire writers from Social Media and several marketplaces.  &gt;If you think, you\u2019re right in English and you can write proper blog content then you can start writing right now.  &gt;First of all, make a blog for your own. Make 5-10 excellent blog content there as your sample writing.  You don't need to be right in English. Many contributes do not have great English skills but can deliver great concepts."}
{"_id": "210439", "title": "", "text": "More infomation is needed for any meaningful discussion about this.  I just assume you want to buy in China mainland, not Hongkong or other places. That depends on where you want to buy the flat.  Which city, which district of the city, which community, which school district, how old is the building?  Furthermore, always bearing in mind that you don't own the land when you buy a flat in China mainland.  The land is always state-owned, you are renting the land. Someone will say that the real property market in China is always in a bubble, but because the ownership of the land is different from countries like US and other things like one-child policy, things are not that easy to tell.   But if you don't live in China now and you don't have clients ready to rent from you, I don't think it is a good choice right now to buy one just for investment."}
{"_id": "210444", "title": "", "text": "this article is wrong about money.  govt creates money, not banks.   all banks do is create ious.  it's only when those ious are defaulted on then it becomes actual money. Also, fractional reserve banking is outdated and obsolete.  When was the last time you hear Fed meetings that they were going to raise reserve requirements?  All you hear is interest rates and QE bond buying."}
{"_id": "210470", "title": "", "text": "\"Yes, there is a very good Return vs Risk graph put out at riskgrades.com.  Look at it soon, because it will be unavailable after 6-30-11.  The RA (return analysis) graph is what I think you are looking for. The first graph shown is an \"\"Average Return\"\", which I was told was for a 3 year period.  Three period returns of 3, 6 and 12 months, are also available.  You can specify the ticker symbols of funds or stocks you want a display of.  For funds, the return includes price and distributions (total return), but only price movement for stocks - per site webmaster. I've used the graphs for a few years, since Forbes identified it as a \"\"Best of the Web\"\" site.  Initially, I found numerous problems with some of the data and was able to work with the webmaster to correct them.  Lately though, they have NOT been correcting problems that I bring to their attention.  For example, try the symbols MUTHX, EDITX, AWSHX and you'll see that the Risk Grades on the graphs are seriously in error, and compress the graph results and cause overwriting and poor readability. If anyone knows of a similar product, I'd like to know about it.  Thanks,  George\""}
{"_id": "210491", "title": "", "text": "Based on my experience with student tuition documents, it sounds like there is money due to you from the school.  From your description, I would guess that your statement looks something like this:  Credits: Debits: Registration  === 3,400 Lab/Classroom Fees === 600 Balance:  === -6,000 If that's the case, remember that this document is from the school's accounting system and so it is registering a negative from the perspective of the school's finances."}
{"_id": "210492", "title": "", "text": "I think the government has no real monetary constraint at all. There's pretend constraints like an arbitrary debt ceiling, but not a real insurmountable constraint.  There's not really a necessity to issue debt, the money could just be spent into the economy and no debt issuance conducted. Just run into negative equity.  There's an inflation constraint in terms of how many real brains / hands / tractors are available, but it isnt 1:1 automatically.  The talk of 'debt' is idealogical in my opinion. If Japan voids debt, it's not a problem. They seem to understand exactly how the financial system works and don't seem constrained politically to pulling the levers that deliver the best outcomes. They don't spend enough IMO, but at least they don't run around crowing about debt in a nonsensical way to score politically."}
{"_id": "210511", "title": "", "text": "No, to follow up on your example First Direct won't care (and I suspect won't even know) how long you held the account you are switching to them so if you don't want to switch your main current account to them you can just open a new one and switch that. To get the bonus you just need to make sure you meet the requirements imposed which in First Direct's case seem to simply be: have not held a First Direct account before pay in at least \u00a31000 within 3 months of opening the account Once the First Direct bonus is paid, which they say should be within 28 days of you meeting the criteria, it is yours to keep.  You are then free to close the First Direct account or transfer it on to another bank (and potentially claim another switching bonus)."}
{"_id": "210514", "title": "", "text": "That is such a vague statement, I highly recommend disregarding it entirely, as it is impossible to know what they meant. Their goal is to convince you that index funds are the way to go, but depending on what they consider an 'active trader', they may be supporting their claim with irrelevant data Their definition of 'active trader' could mean any one or more of the following: 1) retail investor 2) day trader 3) mutual fund 4) professional investor 5) fund continuously changing its position 6) hedge fund. I will go through all of these. 1) Most retail traders lose money. There are many reasons for this. Some rely on technical strategies that are largely unproven. Some buy rumors on penny stocks in hopes of making a quick buck. Some follow scammers on twitter who sell newsletters full of bogus stock tips. Some cant get around the psychology of trading, and thus close out losing positions late and winning positions early (or never at all) [I myself use to do this!!]. I am certain 99% of retail traders cant beat the market, because most of them, to be frank, put less effort into deciding what to trade than in deciding what to have for lunch. Even though your pension funds presentation is correct with respect to retail traders, it is largely irrelevant as professionals managing your money should not fall into any of these traps. 2) I call day traders active traders, but its likely not what your pension fund was referring to. Day trading is an entirely different animal to long or medium term investing, and thus I also think the typical performance is irrelevant, as they are not going to manage your money like a day trader anyway. 3,4,5) So the important question becomes, do active funds lose 99% of the time compared to index funds. NO! No no no. According to the WSJ, actively managed funds outperformed passive funds in 2007, 2009, 2013, 2015. 2010 was basically a tie. So 5 out of 9 years. I dont have a calculator on me but I believe that is less than 99%!   Whats interesting is that this false belief that index funds are always better has become so pervasive that you can see active funds have huge outflows and passive have huge inflows. It is becoming a crowded trade. I will spare you the proverb about large crowds and small doors. Also, index funds are so heavily weighted towards a handful of stocks, that you end up becoming a stockpicker anyway. The S&P is almost indistinguishable from AAPL. Earlier this year, only 6 stocks were responsible for over 100% of gains in the NASDAQ index. Dont think FB has a good long term business model, or that Gilead and AMZN are a cheap buy? Well too bad if you bought QQQ, because those 3 stocks are your workhorses now. See here 6) That graphic is for mutual funds but your pension fund may have also been including hedge funds in their 99% figure. While many dont beat their own benchmark, its less than 99%. And there are reasons for it. Many have investors that are impatient. Fortress just had to close one of its funds, whose bets may actually pay off years from now, but too many people wanted their money out. Some hedge funds also have rules, eg long only, which can really limit your performance. While important to be aware of this, that placing your money with a hedge fund may not beat a benchmark, that does not automatically mean you should go with an index fund. So when are index funds useful? When you dont want to do any thinking. When you dont want to follow market news, at all. Then they are appropriate."}
{"_id": "210536", "title": "", "text": "\"The simple answer would be - if you want to take Euros from Germany to Spain as cash and deposit them, you're not breaking any laws, there is nothing to declare to customs (you're still in the EU), it is not \"\"income\"\" so there is nothing to tax, and your bank should be able to receive it without issue (no currency conversion after all). It does however come with the risk of loss/theft en route. So it really depends on how comfortable you are walking around with that much on your person. If you don't want to carry that much around and your banks are imposing unreasonable fees, here's something you could investigate further (I have not tested it myself): Transferwise offers a service that lets people send money to foreign accounts (in different currencies) for a small fee, at mid-market rates. However, they also offer a \"\"request money\"\" feature which allows EUR-EUR transfers (and some other same currency transfers). So perhaps you could use this feature to simply request money from yourself. The requester puts in how much they want to receive. Then they send a generated link to the other party. When clicked, that link sets up a transaction for the requested amount, and sometimes a nominal fee (I created a link for a GBP-GBP transfer and it wanted 1 pound extra, but when I did the same for EUR-EUR it didn't want any extra). I assume you would need two Transferwise accounts, though maybe not? And I'm not sure whether doing this is technically allowed in their terms of service, so you should read those to be sure. The advantage, if this works, is that neither bank sees it as a \"\"transfer\"\". Rather, the originating bank makes a payment to Transferwise, and then Transferwise makes a deposit to the receiving account. So I can't imagine either bank would be able to impose their foreign-bank-transfer fees for the transaction. https://transferwise.com/request-money I have used Transferwise for currency conversions, but not the request money feature, maybe other users could chime in if they have used it.\""}
{"_id": "210538", "title": "", "text": "\"&gt; A government can run out of gold. It cannot run out of its own free-floating currency. When it comes to borrowing, whether or not you can be unable to service that debt is very relevant to how much interest you pay. &gt; As Japan cannot run out of yen, Japan can borrow yen very cheaply - despite books that don't make a lick of sense if evaluated like a business.  So you don't think two \"\"lost\"\" decades going on three and a debt of over 200% isn't a problem for Japan? You want to try that here when it hasn't worked in the most orderly society in the world? And there's more to play out in Japan. No where near \"\"recovery\"\" and in a tail spin again.\""}
{"_id": "210552", "title": "", "text": "&gt; ...without spending more than 30% income on rent.  Makes sense to me.  There is a whole lot more to buy.  &gt; Check rent.com for 2BR prices in Tennessee and Arkansas. They start in the lower $500s.  Well, right.  Minimum wage is $7.50 which averages to 30/7x40x$7.50 = $1285 per month.  $500 of $1285 is 39% of your income which has been defined as unaffordable.  &gt; (On minimum wage)...you don't owe a dime of Federal income tax.  I understand the right considers paying no income tax as unfair but it is that way to try to correct unfair wages.  Support policies that get a minimum wage household to a modest lifestyle that includes education, shelter, health care, recreation, and retirement and I will support taxing their income."}
{"_id": "210581", "title": "", "text": "The price of a shares reflects the expected future returns of that company. If it does not someone will notice and buy until it does. Look at this chart http://www.finanzen.net/chart/Arcandor (click on max), that's a former DAX company, so one of the largest german companys. Now it's bankrupt. Why do you think you are the only one who is going to notice? There are millions of people and even more computers, some a going to be smarter than you. Of course that does not happen to everyone but who knows. Is Volkswagen going to survive the current crisis? Probably. Is it coming back to former glory in the next half year? Who knows? Here comes the obvious solution: Don't buy single stocks, spread it out over many companies, some will shine, some will plument and you get the average. Oh that's an index, how convinent. Now if there were a way to save on all these transaction costs you're incurring..."}
{"_id": "210587", "title": "", "text": "I live in europe but have been paid in usd for the last few years and the best strategy I've found is to average in and average out. i.e. if you are going in August then buy some Euro every few weeks until you go. At least this way you mitigate the risk involved somewhat."}
{"_id": "210588", "title": "", "text": "The dentists office can call you and claim that you owe them more money but if there is any concern of the legality of their claim I would recommend consulting an attorney before paying. If you actually do owe the money, however, then yes you will likely need to pay."}
{"_id": "210590", "title": "", "text": "&gt; I never said she should abstain from sex if she didn't want to get pregnant. You misunderstood what I said. If you are in a situation like her, you should either take extra precautions when having sex or just avoid having it until you get to a better place. She obviously wasn't responsible enough to have sex safely so yes, I think it would have been wise for her to abstained from sex until she got her life in a better place.  So we should punish her?"}
{"_id": "210605", "title": "", "text": "You run the regression R_{i,t} = a + bR_{m,t} + e_t, then a + e_t is the variation that isn't shared with the market's variation."}
{"_id": "210614", "title": "", "text": "No, not crushing taxation, reasonable taxation. Our corporations pay some of the lowest taxes in the world, with some of the larger ones actually paying none. I'm fine with lower taxes on small businesses. Btw, if wanting decent opportunity to take care of me and mine is greed, then yes, I'm greedy."}
{"_id": "210641", "title": "", "text": "Apple earns over half of all the profits in the mobile space, and there won't be much profit in cheap devices no matter who makes them, although volume will help a little.  At some point they will have to go downmarket but only once the more profitable users are completely served.  Note that they currently use older models to do this.  A random data point:  half of all phones in the US are smartphones.  That leaves the other half to conquer.  [Asymco](http://www.asymco.com/) is an excellent site for following what is going on with detailed data etc."}
{"_id": "210647", "title": "", "text": "The main risk is insurance liability - if they are in an accident who pays?  It is not professional to have your employees deliver items.  Most of whom make minimum wage and could care less about on time delivery."}
{"_id": "210653", "title": "", "text": "As you point out in your question your risk level is personal.  If you really believe your job is stable there is no more risk.  However the overall evidence is that most jobs are less stable, and if you do lose your job you're likely going to be out of work for a while.  One thing to consider though is that if you have planned on emergency credit in the past, that option is not really viable anymore."}
{"_id": "210667", "title": "", "text": "&gt; What qualifications do you have that make you think you would be hired by anyone for this type of situation?  They are fairly extensive.  It doesn't serve much purpose to list out my qualifications on Reddit.  People would just say I'm bullshitting, and I wouldn't blame them.  It is the internet after all."}
{"_id": "210673", "title": "", "text": "I don't know much about how student loans work, so there might be some caveats (e.g. does the interest rate stay constant, do you get a discount if you pay off early etc.). Ignoring those caveats: The interest on you student loan looks quite small. Depends a bit where you are in the world, but it seems very likely that you can get more interest than that on a 100% guaranteed investment form, e.g. term bank deposits. So, it seems a no-brainer to not pay back you student loan and invest the money securely for a higher interest rate instead. Similar situation when you think about taking the money as a down-payment for a house. More factors come into play here:"}
{"_id": "210676", "title": "", "text": "As many other posters have pointed out, unless you know (and your insurer doesn't) that because of any reason you are more likely than the average to damage your computer, insuring it doesn't really make a lot of sense if you can comfortably replace it should the worst happen. In this particular case of a laptop, insurance is especially unattractive because computers depreciate fairly quickly. If you break it... ...and you're insured, you will get the very same laptop you bought more than a year ago. ...and you're not insured, you can choose to either find the same laptop at a substantially lower price (Apple does not really lower prices that much but you can probably get a refurbished unit, just like you could get with AppleCare) or spend the original amount in a newer and more powerful laptop."}
{"_id": "210678", "title": "", "text": "If you want to convert more than a few thousand dollars, one somewhat complex method is to have two investment accounts at a discount broker that operations both in Canada and the USA, then buy securities for USD on a US exchange, have your broker move them to the Canadian account, then sell them on a Canadian exchange for CAD.  This will, of course, incur trading fees, but they should be lower than most currency conversion fees if you convert more than a few thousand dollars, because trading fees typically have a very small percentage component. Using a currency ETF as the security to buy/sell can eliminate the market risk. In any case, it may take up to a week for the trades and transfer to settle."}
{"_id": "210683", "title": "", "text": "DB runs hedge funds that own stock in both companies, has a US bank that lends to both companies, has a US equity division that trades the stock of both companies, is a prime broker to hedge funds that own stock in both companies. They are also a lender to private equity firms that own transportation and logistics companies.   However, I agree with the point you are trying to make about a person heard from another person who heard from another person"}
{"_id": "210688", "title": "", "text": "Gruelling. The most difficult thing I ever did.  Everything they say about it is true.  I wrote 5 times, passed 3 times and failed twice.  It took 4 years.  Would I do it again - probably not.  I'd do a year or 2 year MBA instead.  WIth an MBA there is more certainty of completion than CFA.  with the CFA many people give up after years of trying.  MBA costs much more, CFA is so cheap I'd say its pretty much free (relative to MBA of course).  So pros and cons - gotta weigh 'em."}
{"_id": "210694", "title": "", "text": "\"Not every American credit card charges Foreign Currency conversion fees. I won't mention the specific one I know about as I'm not interested in shilling for them. However, if you Google \"\"No foreign transaction fee\"\" you will find a couple of options.\""}
{"_id": "210698", "title": "", "text": "\"This is horse shit. You're citing liberal propaganda as fact. \"\"Cited as the anti scientist president.\"\" By whom? Just liberals with their dress over their heads.   This Nature article is junk, it's just an opinion piece, a few quotes from literally who, and a random bar graph.    Trump won on income and was inversely proportional on education.   Jeez who would have thunk it, lifers post docs are bought it on their liberal academic surroundings. As if that was indicative of intelligence.\""}
{"_id": "210707", "title": "", "text": "The best way to answer this question is to try. GnuCash is free, so setting it up and giving it a go shouldn't be too hard. After all, what really matters is how helpful the program is for your purposes. One aspect of personal finance that stops me from jumping to GnuCash/KMyMoney/MoneyDance is the ability to download transactions from my financial institutions. Last time I checked, the process was somewhat involved and support was limited for a handful of banks. Because of that, I decided to stick with MS Money (and once Microsoft dropped the ball, with Quicken). I am sure things are better these days, but I am still not comfortable with trusting my finances to something new and unproven. I still remember how painful it was several years ago, when some bug in MS Money caused occasional mess-up of the reconciliation state for the American Express credit cards."}
{"_id": "210713", "title": "", "text": "No, you will not have to pay taxes on the corpus (principal) of the trust distribution.  If the trust tax forms were filed correctly, you might have as much as a $9000 loss that will flow to you on the trust's termination.  Previously, the trust was supposed to file a return each year, and either claim the dividends or realized cap gains each year, and pay taxes at trust's rate, or distribute them to the beneficiaries via K-1 form. This is the best way to handle this as the trust has a steep tax table (relative high rates) vs the kiddie tax which would let you get nearly $1K/yr tax free each year as a minor.  During that time, losses net again gains, but can't be 'distributed' to the beneficiary. They are carried forward year to year. In the year the trust is terminated, that loss is not lost, but it's then passed on to the beneficiary, still via K-1. See Schedule K-1 instructions and Schedule K-1 itself.  On a lighter note, the trustee failed you. In the 16 years (Jan 2000-Dec 2015), the market (S&P) grew by 88%, with a compound 4.02%/yr return. Instead of any gain, you got a loss with a -2.75%/yr return. If this were a paid professional, you'd have a potential claim for a lawsuit. This is a reason why amateurs should not be assigned the role of trustee.  To clearly answer the mix of questions you asked - Note - it's always a good idea to seek professional advice. But, the nature of this board is that if any of my answer isn't accurate, a high ranked member (top 20 or so on this list) will likely set me straight within 24 hours."}
{"_id": "210716", "title": "", "text": "On payWave transactions, the $100 limit applies per transaction, and your daily withdrawal limit doesn't usually apply - it's only for SAV/CHQ transactions and ATM withdrawals, and payWave transactions are counted as Credit transactions. So really, anything in your account is up for grabs. There are a couple of options as I see it. You should see if there's a option to get an old-style Maestro/Cirrus card, with no Visa/MasterCard scheme link. You might need to push for it, but you can probably do it. Failing that, you could see if you can open a linked savings account with no card access, and put most of your money in there, and transfer what you need into your transaction account. Something that may also be of interest: Visa's Zero Liability policy"}
{"_id": "210722", "title": "", "text": "I'll play this game. Pay me to not kick your seat all flight. Game Theory is fun.  Edit: More economics- THE AIRLINE owns the property rights of the seat you are leasing, not you. You may only recline at their discretion. If it bothers me, and I notify the attendants and they ask you not to, you comply."}
{"_id": "210743", "title": "", "text": "There are two ways that an asset can generate value.  One is that the asset generates some revenue (e.g. you buy a house for $100,000 and rent it out for $1,000 per month) and the second way is that the asset appreciates (e.g you buy a house for $100,000, you don't rent it out and 5 years later you sell it for $200,000).  Stocks are the same."}
{"_id": "210749", "title": "", "text": "Reviews for Two of Us Dating Services - Hi there, i only want to comment my experience with Introductions, Inc. at the moment that's just what I need, because they have a great response with a Michael and lot of active members in all cities in America."}
{"_id": "210751", "title": "", "text": "&gt; This is directly the result of about 50 years of carefully applying the value investing philosophy.  I'm on my cell on vacation so don't have time to provide a full response here, but I disagree. The BNSF purchase alone represents a giant speculative bet, partly on oil by rail. It wasn't a value play, it was a growth play. Lots of the rest of the BRK portfolio is the same."}
{"_id": "210759", "title": "", "text": "\"FDIC is backed by the \"\"full faith and credit of the USA.\"\"  Well, if the USA defaults, the full faith and credit of the USA would in my mind be worthless, thus, so would FDIC.\""}
{"_id": "210761", "title": "", "text": "\"One of the things I have enjoyed about consulting is the exposure to multiple companies and multiple business units within those companies. In the year I have been at The Gunter Group, I have already worked with multiple clients on projects that span across the respective organizations. It has been very interesting to contrast the clients and more specifically the corporate cultures that exist within those companies.  I have participated in and watched various projects being driven in different parts of a client's business and it is interesting to see which projects have been, are, and will be successful. The other day I was reading a report of some analysis done by one of the world's largest and most respected consulting firms. The analysis was essentially outlining a path for success for a broad spectrum of projects of varied scopes and complexities. The analysis, which was very good by the way, touched on a lot of elements of the business that would impact the likelihood of project success. Elements like governance, data analysis, process design, etc. The analysis and the accompanying recommendations were undoubtedly sound given the caliber of the firm, the background research done to support the report, and my own confirmation based on what I have picked up about the client. I try and get my hands on these types of reports whenever possible to see how \"\"the big boys\"\" are doing it, to shape my own thinking, and to have examples of successful presentations. I am, however, always surprised that these reports fail to mention what I consider to be a very big influence on the success of a project and ultimately the success of the organization as a whole.  At their core, companies are merely people. A group of people with a collective identity; a corporate culture if you will. Reflecting back on my many interactions with the people that make up these organizations it has become very evident to me that a collaborative corporate culture is a huge discriminator in determining the success of any project. Although it is a macro factor, the collaborative spirit of an organization transcends everything that the company does and/or attempts to do.  Here is an example to give context of the premise I am talking about.  At client A, the project team I worked with was designing an extremely innovative, complex, and challenging system that has the potential to alter the way they do business. Without going into too much detail, it was a massive undertaking with relatively limited resourcing.  At client B, the scope of work I was involved in was relatively straightforward and mirrored business practices at other organizations. The bulk of the effort on my part was driving the creation and adoption of a framework to promote cross functional interaction amongst project teams. A very realistic undertaking with appropriate resourcing.  Below are vignettes that illustrate typical exchanges in both organizations. In both organizations I have been directed to connect with a particular individual or group of individuals as it was thought that our respective works may be related in some fashion.  Client A: Me - \"\"Let me give you a brief overview of the project I am working on. John Doe recommended I connect with you as your project may intersect with mine in some manner. We may be able to help each other.\"\" (Continue with my overview)  Other Party - \"\"Wow, this is great. I actually have really in depth knowledge of X and would love to get involved in the work you are doing. I am actually simultaneously driving Y effort and it would be great if we were aligned. At a high level we are both supporting strategy A so connecting now would really set us up for success. Feel free to include me on your future meetings and I will pass along our high level overview. Also, have you thought about connecting with So and So? They are working in the Z space on a project and it may help to drive your project forward as well.\"\"  Client B: Me - \"\"Let me give you a brief overview of the project I am working on. John Doe recommended I connect with you as your project may intersect.......\"\"   Other Party - (Interrupts) \"\"Well we have already gotten our project approved at such and such level and we have found that we really don't have any interdependencies with your project.\"\"  Me - \"\"Oh, OK. Well I am not really looking to create additional work for anyone. I am just looking to leverage the work we are both already doing. We may be able to help each other.\"\"   Other Party - (Interrupts again) \"\"Our project team is really busy and we are on a tight deadline. We don't have the resources we need. I have told John Doe time and again we need more help but until we get it I just really need to focus on X.\"\"  Me - \"\"OK. Well how about I jump in to what it is we are actually doing and if there aren't any opportunities for collaboration or any synergies to be gained from working together that is fine. I just wanted to be proactive about connecting the dots across the organization. (Continue with my overview)  Other Party - \"\"...........*crickets*...........\"\" (Meeting concludes.....)  These aren't depictions of a single event. They are aggregations of month's of interactions that give a good representation of single events in a variety of contexts on a daily basis. Of course, there are exceptions. However, I have found that exceptions within both cultures are extremely rare based on my personal experience. This only furthers my point. Can you begin to see why a collaborative corporate culture is so foundational to the success of any endeavor regardless of scope, complexity, etc?  The other aspect that adds to the importance of a sound corporate culture is the self fulfilling nature of culture. Which organization do you think inspires future collaborative behavior? Even those people that want to collaborate within client B are consistently met with resistance. Those in client A are inspired by the positive interactions, enhanced results, and they are more likely to actively seek out others to help and work with. Both trajectories are accelerated in opposite directions just by the nature of the prevailing culture.  So how do you create and engender a culture that embodies collaboration? That my friends is a question I don't pretend to have all the answers too. Maybe I'll be so lucky to figure that one out someday......\""}
{"_id": "210764", "title": "", "text": "You should talk to your Costco manager.  They will be more than glad to help you with any issues you have with that particular store because your experience is not indicative of all Costcos.  I've never had a problem finding experienced help at my local Costco. Perhaps you are confusing Costco with Sam's club?"}
{"_id": "210779", "title": "", "text": "There are a lot of people speculating that Facebook will use the money they got from this to buy companies that could be used to turn their user base into more income.  With the stocks dropping in value, it might even be a good time to invest in them."}
{"_id": "210783", "title": "", "text": "Did you even read the article or just scroll through the headline? \u201cAffordable\u201d is relative to subsidies. For example, my wife and I earn about 100k a year combine and we do not receive subsidies because *gasp* we can afford health care at that income.  This is also based on a percentage of income that the ACA defines as affordable. Whether it actually is affordable or not is relative. Is dumping a percentage of your income into the governments discretionary and travel budget so they can fly private jets affordable? Someone deemed it was when they set the budget (though of course its grossly negligent).  Not to mention insurers (like ehealth.com) can game the system by adjusting rates. It\u2019s kind of amazing how quickly people on the Internet jump to make an issue a partisan pissing match so they can feel \u201cright\u201d rather than considering solutions."}
{"_id": "210789", "title": "", "text": "I'd have anything you would need for maybe 3-6 months stored up: food, fuel, toiletries, other incidentals.  What might replace the currency after the Euro collapses will be the least of your concerns when it does collapse."}
{"_id": "210796", "title": "", "text": "If your savings are in USD and will be making purchases using USD, then it will no longer go as far as it used to. I assume most Americans currently have their savings accounts in USD, so the value of those accounts will decrease. If you have investments in stocks or foreign currencies, your exposure may be less, but it depends. For example, stocks in companies that hold a lot of USD will also be hit hard, as will be currencies of nations that are still holding a lot of USD if the value of the USD is crashing.  If you have a lot of debt measured in USD, while have a lot of assets that have nothing to do with USD, then you might make out like a bandit, since if you assume the value of the USD is falling, then it would become easier to sell off your other assets to pay off the debt."}
{"_id": "210809", "title": "", "text": "Retail jobs are not easy to get, *especially* if you're skilled (and advertise that fact). Retail managers don't want to hire someone that's overqualified as they know that person will continue to look for something else and will leave the moment they find something more on their level. They also don't want someone that will threaten their authority. All they want is someone that will show up on time and not cause problems."}
{"_id": "210811", "title": "", "text": "&gt;You can't throw 90% of energy subsidies to one part of the industry which produces a fraction of the rest of the industry without negatively affecting consumers (everyone).  This assumes the money/subsidies given to domestic solar/wind energy companies would be allocated to multi-national energy companies.  They're not equivalent, one is a cutting edge domestic industry; the other is a mature global industry.  We've jumped in leaps and bounds in terms of solar cell efficiency vs. cost in the last ten years as a result of R&amp;D, likely funded by these subsidies.  OAG is necessary and shouldn't go away anytime soon.. but nuclear and renewables are the future, they're growth, they're national security -- we shouldn't be wasting money on pumping that shit out of the ground faster.  If anything, you should be bitching about nuclear regulations since the US should be building next generation nuclear, instead of wasting metric shit tons of cash running bullshit baby boomer built nuclear plants."}
{"_id": "210817", "title": "", "text": "I agree. I think that is a good point, and that is also why I wanted to post and ask. If I could do this in a bear market I bet I could be Warren Buffett by the time my heart stops.  I use my benchmark as a mix of S&amp;P, Nasdaq, and Russell 3000. I got a near flat market for 2015 (only 0.23%). I thought that was decent but yes the rest of the years have been quite bullish"}
{"_id": "210821", "title": "", "text": "TD Bank (Northeast US) has free change counting machines at its branches.  You don't have to have an account to use them."}
{"_id": "210829", "title": "", "text": "And this tells me you have little to no understanding. I have LIVED this life, I am black, from an inner city, my father is a deadbeat and my mother was diagnosed with MS, leaving her disabled until she died before I graduated from high school. My grandmother raised me while trying to care for a daughter that couldn't walk and another daughter struck blind by disease. Without public assistance, I wouldn't have been healthy enough to get a scholarship to a very expensive boarding high school, and really isolate myself from the shit around me. i have cousins who died living the gangster bullshit life, I know this world from seeing it. I make a fairly decent amount of money now, why, because when I couldn't find a job, I could still eat on food stamps and go to a free program to qualify for the government to pay for my IT certification. So, seeing as I KNOW how the system can be used to get to a better place, make a goddamn argument that your idea works better, not how you feel things should be. I make me decisions based on what I've seen, I have known women shafted by circumstance struggling to be able to work because they need a specific number of hours to ensure they can have child care so they can work at all. I have tutored adults that never graduated high school because they had to drop out and work years ago to help their families afford to live. I have used medicaid to help with my horrible episodes of depression, gotten treatment my family alone could not afford. I have watched my aunt recover from drug addiction using treatment my family could not afford. My grandmother is alive and still helping the down and out in our family due to medical equipment the family could not afford on its own. I do base my decisions on evidence, I have lived the fucking evidence."}
{"_id": "210853", "title": "", "text": "Check with Lawyer and CA who deals with international laws. It maybe illegal in Saudi Arabia. From India tax point of view, any credits into NRE account is not taxable. However credits to friends/family will be treated as GIFT and friends/family will be liable to pay a gift tax if such transfer are more than Rs 50,000/- per year. Although FEMA does not prohibit explicitly such arrangement, these look like round about way of moving money and can be investigated."}
{"_id": "210855", "title": "", "text": "A large biller is registered and can initiate an ACH Debit to your account based on the Account Number and the Routing number. He assumes responsibility and completes the due diligence of obtaining a written mandate / permission / authorization from you. There are other legal process where by you get a Power of Attorney that would allow you to transact on behalf of someone. The key point you seem to be missing is that one can ONLY transact from ones account either by walking into the Bank / ATM, or by writing a check. There are other options as well to transact."}
{"_id": "210869", "title": "", "text": "I still remember a little boy who decided to deliver mail on his bicycle for a fee who got slapped with thousands of dollars and possible jail time for his parents by the government. It's time for the Post Office to let go of its stranglehold on mail delivery especially now that the dependence on it has decreased with the maturity of email and online billing and payment."}
{"_id": "210878", "title": "", "text": "It depends on what you want it for If it is just salary then maybe not, for instance, some MBA programs may suggest their graduates make $100,000 per year, but you work in an oil field barely finishing high school and make $300,000 a year.  If you go for the MBA right now, you may miss your chance to work in the oil industry for another few years (or weeks), but at the same time, the MBA lasts forever (although, real world experience is also relevant) and it may give you a leg up when you are 50 years old in the unemployment line (or maybe not, because you are overqualified) everything in life is a cost/benefit analysis Passing the GRE lasts for five years, so keep that in mind"}
{"_id": "210887", "title": "", "text": "If the price had dropped to $4 from $50, and you had $5000 to start with on your account, you will be left with $400 in your account if you closed the position now. So you would not be in debt if this was the only possition you had open."}
{"_id": "210889", "title": "", "text": "Another person, not a shareholder or director, will be treated as when a bank loans you money. You are loaning out money and you are sort of getting interest income out of it or some other benefit, which needs to be put down in you company's annual return. Full source on the HMRC website. But for a shareholder or director is different matter. Check the HMRC source for sure and check with your accountant, if you have one. If you owe your company money You or your company may have to pay tax if you take a director\u2019s loan. Your personal and company tax responsibilities depend on how the loan is settled. You also need to check if you have extra tax responsibilities if: If the loan was more than \u00a310,000 (\u00a35,000 in 2013-14) If you\u2019re a shareholder and director and you owe your company more than \u00a310,000 (\u00a35,000 in 2013 to 2014) at any time in the year, your company must: You must report the loan on your personal Self Assessment tax return. You may have to pay tax on the loan at the official rate of interest. If you paid interest below the official rate If you\u2019re a shareholder and director, your company must: You must report the interest on your personal Self Assessment tax return. You may have to pay tax on the difference between the official rate and the rate you paid."}
{"_id": "210914", "title": "", "text": "In the US, banks, businesses and the government stack cash.  That's how you should present it to them."}
{"_id": "210917", "title": "", "text": "\"First of all, \"\"going risky\"\" doesn't mean driving to Las Vegas and playing roulette. The real meaning is that you can afford higher risk/return ratio compared to a person who will retire in the following ten years. Higher return is very important since time works for you and even several extra percent annually will make a big difference in the long run because of compound interest effect. The key is that this requires the investment to not be too risky - if you invest in a single venture and it fails you lose all the money and that's worse that some conservative investment that could yield minimum income. So you still need the investment to be relatively safe. Next, as user Chris W. Rea mentions in the comment funds and ETFs can be very risky - depending on the investment policy they can invest into some very risky ventures or into some specific industry and that poses more risk that investing into \"\"blue chips\"\" for example. So a fund or an ETF can be a good fit for you if you choose a right one.\""}
{"_id": "210937", "title": "", "text": "That depends where you put the top bracket, but probably there is little way to jack income tax to anywhere near that without serious detrimental effect to the economy. The real issue is not that the wealthiest earn too much but that they have too much. There is a huge glut of massive savings at the top that is continually growing and taking money from the economy. This savings drives the creation of public debt more than any other factor. It is that which needs to be, at least in the near term, taxed aggressively."}
{"_id": "210939", "title": "", "text": "\"When we talk about compounding, we usually think about interest payments. If you have a deposit in a savings account that is earning compound interest, then each time an interest payment is made to your account, your deposit gets larger, and the amount of your next interest payment is larger than the last. There are compound interest formulas that you can use to calculate your future earnings using the interest rate and the compounding interval.  However, your mutual fund is not earning interest, so you have to think of it differently. When you own a stock (and your mutual fund is simply a collection of stocks), the value of the stock (hopefully) grows. Let's say, for example, that you have $1000 invested, and the value goes up 10% the first year. The total value of your investment has increased by $100, and your total investment is worth $1100. If it grows by another 10% the following year, your investment is then $1210, having gained $110.  In this way, your investment grows in a similar way to compound interest. As your investment pays off, it causes the value of the investment to grow, allowing for even higher earnings in the future. So in that sense, it is compounding. However, because it is not earning a fixed, predictable amount of interest as a savings account would, you can't use the compound interest formula to calculate precisely how much you will have in the future, as there is no fixed compounding interval.  If you want to use the formula to estimate how much you might have in the future, you have to make an assumption on the growth of your investment, and that growth assumption will have a time period associated with it. For example, you might assume a growth rate of 10% per year. Or you might assume a growth rate of 1% per month. This is what you could use in a compound interest formula for your mutual fund investment.  By reinvesting your dividends and capital gains (and not taking them out in cash), you are maximizing your \"\"compounding\"\" by allowing those earnings to cause your investment to grow.\""}
{"_id": "210958", "title": "", "text": "\"This article feels like a project by an editor to see how well his new hire can write a \"\"finance\"\" article. Low hanging fruit: explain Tesla's junk rating compared to Ford's.  The conclusion I was hoping he reached, which is my belief, is that Musk flys to close to the sun trying to balance expansion and debt with cash flows and revenue. If they fail Ford's the best positioned car manufacturer in my opinion. Sure, the Volvo's of the world are going all electric, but that's not what makes Tesla appealing in my opinion. They're a tech company masked as a car company. Ford is a car company trying to pivot to a tech company. Electric isn't the future, the vehical cloud is. Someone has to make these cars. Google or apple won't. Ford will hopefully build and service their own.\""}
{"_id": "210961", "title": "", "text": "I'm not convinced that cost of living is related to ensuring greater appreciation of assets over time, especially over a 30 year window. The importance of regional differences in cost of living to anyone's decision-making should be weighted by the percentage of their income spent on indexed items.  That is, for people who spend 35%, or even 50% of their salary on indexed items, regional variances in cost of living are far more important than for people who spend 10% of their salaries on these items.  Essentially, as income goes up, the significance of cost of living goes down. See http://macromon.wordpress.com/2011/02/02/how-u-s-income-groups-get-squeezed-by-food-prices/ for a pretty picture of the relevance of cost of living across income groups (for food & gas, which are often not included in indexes due to volatility).  So, if you are wondering whether cost of living is overstated, perhaps it's because you are in an income group that doesn't need to worry about it as much.  Whether it's overstated or not will depend on how much one makes and spends."}
{"_id": "210972", "title": "", "text": "\"Getting a mortgage for the interest write-off is like buying packs of baseball cards for the gum. That said, I'd refer you to The correct order of investing as much of that question really overlaps with this. This question boils down to priorities, the best use of the funds. There are those who suggest that a mortgage brings risk. Of course it does, just not for the borrower, the risk is borne by the lender. Risk comes from lack of liquidity. Say your girlfriend buys the house with cash, and leaves little reserve. She loses her job, and it's great that she has no mortgage. But she does have every other cost life brings, including a tax bill that can turn into a house getting foreclosed on. The details that you didn't disclose are those needed to look at the rest of the \"\"priorities\"\" list. A fully funded 401(k) with appropriate balance, and no other debt? And a 1 year emergency fund? I wouldn't argue against buying the house with cash. No real savings and passing on the 401(k) matched deposit? I'd think carefully about the longterm impact of the cash purchase.\""}
{"_id": "210981", "title": "", "text": "You have to go deeper into smaller subs. The big subs have a majority of simpletons and biased hippy views. Most think they are astute when they aren't very educated with the matter.   It's unbelievable. I was recently down voted to oblivion with the correct comment and the other person was upvoted to prominence with the wrong comment, but it's similar to the hive mentality.   It's cool though because it clearly proves a giant point. That point is you do have an edge over the general market."}
{"_id": "210983", "title": "", "text": "You have probably heard about search engine optimization and why SEO strategy is so important to the business. SEO increases search rankings, increases website traffic, and gives a greater return on investment. Our SEO UT team has the knowledge and experience to execute a strategy with the aim to create consistency in your brand\u2019s voice across channels, framing a good user experience making it easier for you to reach a higher bottom line. Feel free to visit us at: https://storify.com/PabloMiller"}
{"_id": "210998", "title": "", "text": "Thank you. Added to my list. This is very very helpful. I knew about the blockchain and the currency. Unfortunately, I'm not a pedant about differentiating between them with capitalising the first letter. I do not, however, understand Ethereum very well at all. So will read up."}
{"_id": "210999", "title": "", "text": "do you really want to be in finance? 'cause if so, you're going to have to put up with a fair amount of tedium. it's not all gordon gekko out there. (and, btw, that's true for any job in any field.)  bear in mind too that, depending on which back office you're in, there's potential to learn a great deal and perhaps eventually move to something like trading. (See -- but **don't emulate** [Jerome Kerviel](http://en.wikipedia.org/wiki/J%C3%A9r%C3%B4me_Kerviel) and also [this guy.](http://www.guardian.co.uk/commentisfree/joris-luyendijk-banking-blog/2012/apr/05/former-head-structured-credit-voices-finance)   &gt;I want to be out there in the field doing tests, labs, sampling or research and development.  Umm, ain't no bank that I know of that offers this. So you need to examine the reasons why you took that internship in the first place."}
{"_id": "211012", "title": "", "text": "No one is protesting BK either.   I used to work at BK. The customers are:  Groups of teenage boys People with demanding, manual labor jobs (probably the only way to get enough calories for that kind of work -- none of them were fat) Families with little or no English, or where the kids speak English and order for the parents. Obese people  I don't really see how any substantial segment of any of these people is really going to care about protesting BK's tax stuff, or even be aware of it."}
{"_id": "211026", "title": "", "text": "It can be zero or negative given the current market conditions. Any money parked with treasury bonds is 100% risk free. So if I have a large amount of USD, and need a safe place to keep, then in today's environment even the banks (large as well) are at risk. So if I park my money with some large bank and that bank goes bankrupt, my money is gone for good. After a long drawn bankruptcy procedure, I may get back all of it or some of it. Even if the bank does not go bankrupt, it may face liquidity crises and I may not be able to withdraw when I want.  Hence it's safer to keep it in Treasury bonds even though I may not gain any interest, or even lose a small amount of money. At least it will be very safe.   Today there are very few options for large investors (typically governments and institutional investors.) The Euro is facing uncertainty. The Yuan is still regulated. There is not enough gold to buy (or to store it.) Hence this leads towards the USD.  The very fact that USD is safe in today's environment is reflected in the Treasury rates."}
{"_id": "211028", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-08/california-once-compared-to-greece-now-trading-better-than-aaa) reduced by 65%. (I'm a bot) ***** &gt; Seven years ago, California was &amp;quot;The next Greece.&amp;quot; Today, the state&amp;#039;s bonds are trading better than AAA. As the Golden State benefits from record-breaking stock prices, Silicon Valley&amp;#039;s boom and a resurgent real estate market, demand for tax-exempt debt in the state with the highest top income tax rate in the U.S. is &amp;quot;Insatiable,&amp;quot; said Nicholos Venditti, a portfolio manager for Thornburg Investment Management.  &gt; An investor Tuesday bought about $1.1 million of state general obligation bonds maturing in six years at a yield of 1.33 percent, or 4.3 basis points below AAA rated bonds with the same maturity.  &gt; If the market turns and spreads widen, investors holding California bonds may be &amp;quot;Hit disproportionately hard,&amp;quot; Venditti said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6swqdv/california_once_compared_to_greece_is_now_trading/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~188113 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bond**^#1 **California**^#2 **Venditti**^#3 **State**^#4 **investor**^#5\""}
{"_id": "211040", "title": "", "text": "Getting older isn\u2019t something people like to think about, let alone talk about it. For many, aging is scary and full of unknown. Utah retirement community (Summerfield ) is here to bring a positive light to your aging. Our Utah retirement community is all about maintaining independence and not giving it up. Recognizing the good things that come with staying in Utah retirement living community will help make the transition easier. Know more about us here: http://hfbatman.informe.com/profile2901.html"}
{"_id": "211045", "title": "", "text": "Politics is certainly part of the equation, in two ways that I can think of. These don't necessarily reflect my views; just trying to explain as I see it. First, there are a lot of interests in having the current, convoluted tax system entrenched. ProPublica did a piece talking about the question you're asking, and Intuit, makers of the popular tax software TurboTax, is mentioned as someone who lobbied heavily to keep the kind of system you describe out. It's spun as increasing the size and cost of government (which, I guess, is true - someone has to do the work if you aren't filing) while opening up possibilities for error, but the piece portrays the companies as being more interested in preserving the status quo. Second, plenty of people don't like the idea that taxation is done automatically, out of sight and out of mind. An issue that illustrates this is airline pricing. Consumers don't like seeing a $19 fare advertisement and then finding out that they'll actually have to pay $50 after the taxes are added. However, those in the airline industry and those who are generally against taxes don't like the idea that a tax can be added without the consumer really knowing that the government was responsible for the price increase. You sometimes see this with gasoline prices, where taxes are built into the price per gallon. My home state of Pennsylvania recently raised the gas tax without anyone really noticing since the overall price was dropping dramatically at the time. Contrast that to Pittsburgh-area bars who were able to very specifically pin an alcohol tax on its creator. Point being, direct deposits with automatic deductions already take most of the thinking out of taxation. Those in that situation really only think about their income in terms of the amount that shows in their bank account. For some, that time of filing taxes is the one time a year where you actually get to reflect on the amount of money you're paying the government for its services. The more automatic taxation is and the less that the public thinks about it, the easier it is for the government to raise it without people noticing."}
{"_id": "211058", "title": "", "text": "Relationships are not threads that can be joint with a knot and broken with a cut, it really needs a lot of attention and carefulness to judge the genuineness of the person you are dating via an internet dating website. There are many ways in which internet dating fraud occurs."}
{"_id": "211077", "title": "", "text": "\"Last night, there was a sudden influx of submissions titled something along the lines of \"\"Springfield Plumbing Services\"\" or \"\"Houston Locksmith\"\".   Clearly all spam that made it through the filter, when legitimate stories got simultaneously downvoted... most likely by the same people that submitted the spam.  It appears that OP submitted one of those stories that got downvoted.\""}
{"_id": "211094", "title": "", "text": "Also, the second amendment.  Even if some kind of gun control measures were passed, sport shooting is never going to disappear in the US.  It looks like the companies Freedom is targeting are manufacturers of quality equipment, so they're going for the high end market who like to spend money on their hobbies."}
{"_id": "211096", "title": "", "text": "a bank doesn't lend you money if it hasn't made sure that you can repay your debt in full (plus interests). That's not entirely correct. The bank issues a lot of loans and expects almost all people will pay their debts. The few people who go bankrupt and cannot pay are (more than) compensated for by the people who do pay their debts. The same holds for brokers, e.g. here is an example of the rates they calculate when you trade on margin, effectively borrowing money from them."}
{"_id": "211115", "title": "", "text": "&gt;**You should brand that truck, definitely.**  It's a huge mobile sign that goes to every plumbing job, being exposed to hundreds or thousands of people per day, and it's completely blank... Ideally, they would work with a graphic designer experienced in creating *successful* vehicle advertising.   Perhaps something like this; [http://www.graphicd-signs.com/services-truck-and-vehicle-wraps](http://www.graphicd-signs.com/services-truck-and-vehicle-wraps)"}
{"_id": "211116", "title": "", "text": "They are not required to keep cash. They'll be paying like 2-3% for their debt. Given the mountain of cash they can't deploy now, it's hard to see why they'd borrow more. I'm assuming they' have some plan, I just can't see what, maybe shopping for some very big acquisitions."}
{"_id": "211122", "title": "", "text": "In addition to the expatriation case already mentioned by Ben Miller, traders/investors are required to use mark-to-market accounting on certain investments.  These go by Section 1256 contracts due to the part of the law  that defines them.  Mark-to-market is also required on straddles (combination of a long and and a short position in equities that are expected to vary inversely to each other). Mark-to-market means that you have to treat the positions as if you closed them at their end-of-year market value (even if you still have the position across the new year)."}
{"_id": "211143", "title": "", "text": "In case the other ATM is visa enabled, many bank allows transfer to visa card through their ATM. More details about your banks are required for a very specific answer. I suppose both banks are Indian Bank, which bank ?"}
{"_id": "211147", "title": "", "text": "In the end, I filled out the form with a foreign TIN (my UK National Insurance Number) on line 6, as well as a short sentence detailing my claim for 0% tax withholding according to the relevant section of the UK-US tax treaty. It looks like this was good enough; the prize money arrived in my account a few days ago, and it seems that no tax was withheld!"}
{"_id": "211196", "title": "", "text": "Currently, the answer is no, you cannot get out of filing a tax return.  As noted in the comments, if you want to pay more to get out of the drudgery of working on your return, you can pay an accountant to do it for you. You are not alone in thinking that the current income tax system in the U.S. is overly complicated.  What you are essentially describing is a flat tax, a system where there would be a simple tax rate that is paid with no deductions, loopholes, etc., and minimal reporting requirements. Besides flat tax proposals, others have proposed eliminating the income tax altogether and switching to a national sales tax, such as the FairTax proposal. Each of these proposals has pros and cons over the current system, and if you have questions about them, feel free to ask a new question.  But what they have in common is that they would drastically simplify the system of taxation in this country.  If that sounds good to you, you can learn more about these proposals and support organizations and candidates that advocate these reforms."}
{"_id": "211218", "title": "", "text": "&gt; But then why wouldn't that be their primary mode to control their currency now/are they starting/hinting at doing so to move away from US treasuries?  China is massively pumping their economy with easy loan. They have pretty much stoped/holding steady dollar piling.  The question you have to ask, how can China accumulate surplus, not accumulating dollar, yet have their currency very much steady against dollar.  China does not use treasury purchase as primary mean to control Yuan price anymore."}
{"_id": "211222", "title": "", "text": "OP might. I have worked for a conservative organization before, and while I didn't make friends, I did behave in a professional fashion and maintained all my interactions with them within strict professional boundaries.  True, that doesn't get you invited to any after hour beers, but there was the experience I gained in the work I was performing."}
{"_id": "211228", "title": "", "text": "Half my stuff has come from regional carriers, and I've started seeing more of those vans around as well.  I wonder if they're going to get squeezed out when UPS/Fedex can catch up with the load, or if they'll be able to hold the niche."}
{"_id": "211236", "title": "", "text": "If I'm going to scan and bag groceries, I'm damn well going to be paid. And what about produce? I've never seen a tomato or ear of corn with a barcode, and once you choke the 'automated checkout', guess who you wait for? Little Mr/s minimum-wage, with the secret decoder book, that's who."}
{"_id": "211256", "title": "", "text": "(the average person doesn't care nor are they affected by how much their employer spends in healthcare) It may be true that the average person doesn't care how much their employer spends on healthcare, but it's not true that we aren't affected.  From an employer's perspective, healthcare, wages, and all other benefits are part of the cost of having an employee.  When healthcare goes up, it increases the total employee cost.   Employers can handle this in several ways.  They could reduce the amount they give investors (as dividends, stock buybacks, etc.).  But then the stock is worth less and they have to make up the money somewhere else.  They could pass the expense on to customers.  But then the loss in business can easily cost more than the revenue raised.  They can cut wages or other benefits.  Then the average person will start caring...and might get a different job.   (I found this article saying that 12M households spend >=50% of income on rent, so I'm assuming that an even greater number spend more than the recommended 30%, which means rent should be weighted as high as it is in CPI.) According to the census, that's only about 10% of households.  It also notes that 64.4% of households are owner-occupied.  They don't pay rent.  The CPI makes up a number called owner's equivalent rent for those households to get to the higher percentage.   The CPI is intended for things like wages.  This makes it a good choice for a cost of living adjustment, but it doesn't quite represent the overall economy.  And for investments, it's the broader economy that matters.  Household consumption is less important.   What the Fed says."}
{"_id": "211290", "title": "", "text": "\"Hypothetically, yes! From the U.S. BEP's guidelines on Damaged Currency: Under regulations issued by the Department of the Treasury, mutilated   United States currency may be exchanged at face value if: \"\"50% or less\"\" includes \"\"0%\"\". However, it is probably going to be very difficult to prove that the currency existed, had a specific face value, and was completely destroyed (instead of being replaced with a decoy at the last minute.)\""}
{"_id": "211291", "title": "", "text": "This scamming sack of garbage is just whoring their referral link in any subreddit they can find. Absolute spam, don't use their link.   If you would like to invest through Robinhood, they're a fine company, just don't help this asshole."}
{"_id": "211292", "title": "", "text": "\"He thinks he can \"\"get a deal\"\" now that SK really needs NK in the wake of the hostilities lately. Also, government disruptions cause predictable market responses, so the deals he's making help himself and the rest of the 1%. Imagine as a business leader you know this, and now imagine you have the power to do it at will.   I don't think that's cynical. Some who's lived their entire adult life finding ways to turn every situation into personal profit isn't going to stop when he's the president.\""}
{"_id": "211308", "title": "", "text": "Say you buy a bond that currently costs $950, and matures in one year, at $1000 face value. It has one coupon ($50 interest payment) left. The coupon, $50, is 50/950 or 5.26%, but you get the face value, $1000, for an additional $50 return. This is why the yield to maturity is higher than current yield. If the maturity were in two years, the coupons still provide 5.26%, and the extra 1000/950 is another 5.26% over 2 years, or (approx) 2.6%/yr compounded, for a total YTM of 7.86%. This is a back-of envelope calculation, the real way to calculate is with a finance calculator. Entering PV (present value) FV (future value) PMT (coupon payment(s)) and N (number of periods). With no calculator or spreadsheet, my estimate will be pretty close."}
{"_id": "211335", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [What exactly do lobbyists do? (that Manafort got so much revenues from this business)](https://www.reddit.com/r/talkbusiness/comments/79u2se/what_exactly_do_lobbyists_do_that_manafort_got_so/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "211343", "title": "", "text": "Investopedia has a good definition. Stock dividends are similar to cash dividends; however, instead of cash, a company pays out stock. Stock splits occur when a company perceives that its stock price may be too high. Stock splits are usually done to increase the liquidity of the stock (more shares outstanding) and to make it more affordable for investors to buy regular lots (a regular lot = 100 shares)."}
{"_id": "211350", "title": "", "text": "Like I said up above - ya got a spouse with cancer who has no health insurance if you leave your job - you don't leave your job.   Also, our expenses in general here in L.A. are so insanely high.  We have never been able to save substantial money.  I think we're responsible for our own happiness, but we are also responsible for people we have to take care of, be they kids, spouses, etc."}
{"_id": "211352", "title": "", "text": "\"&gt; Or just remember how much you spent. The purpose of my comment was to say the online balance isn't a true balance, not that I had trouble balancing a book.   Except that you rather obviously *don't* comprehend what the meaning of \"\"true balance\"\" is.  The balance the bank shows on it's online system (or it's statements) is very much a \"\"true balance\"\" **of the transactions the BANK is aware of** (i.e. the ones that have been processed).  That you think the bank should somehow be \"\"magically aware\"\" of the fact that you just signed a credit card transaction -- or that you wrote a check and mailed it off to someone -- demonstrate that you lack a fundamental comprehension of the system.  And the \"\"just remember how much you spent\"\" as an excuse for not properly (independently) **recording (and mathematically subtracting)** what you have spent...  Is demonstrative of both ignorance AND laziness.\""}
{"_id": "211356", "title": "", "text": "\"I just found out my financial advisors are not fiduciaries. they manage a very large fund and have a board of trustees. they have a 30-year track record of great results. I asked why would the wealth managers not be fiduciaries if they will only ever act in the best interest of the clients and was told \"\"I would assume because they don't have to be, the assets aren't theirs, they belong to the fund\"\"  Should I run?\""}
{"_id": "211364", "title": "", "text": "I would add to your reasons: Would you mow an entire lawn with a string trimmer just because you can, or would you buy a lawnmower? Use the right tool for the job."}
{"_id": "211386", "title": "", "text": "\"I pm'ed you, that was the end of it. Then you came back \"\"from accross the pond\"\" or whatever and started commenting again. You obviously care. I'm just replying to you because I'm getting a tire replaced and I'm bored. I mean, what are you getting at? What's your angle at this point?   You are a bizarre cat ms. Fartcatcher.\""}
{"_id": "211398", "title": "", "text": "&gt;It was a way to associate an ad with a user\u2019s page without putting it directly on the page, which advertisers worried would imply an association between their brand and the page\u2019s content.   bullshit. It was a way to get noticed.   besides we had banner ads before that and often hilariously unrelated to the page it was on.. not one associated it, they simply poked fun."}
{"_id": "211412", "title": "", "text": "Did you read the part where the economists said the economic growth from unskilled workers was offset by the need for social services? Economists said globalization would be good for American workers. Then, whoops, sorry. Trade agreements lift those countries with high rates of poverty and depresses the wages of the middle classes in better off countries.   Economists love to crow about free markets. Then, whoops, sorry. Banking and insurance needs regulations to prevent abuses leading to worldwide recession.   Economists look at everything from the basic Econ 101 model they learned in school which described the ideal market. Theoretically, this is how markets work.   I don't know why we still put so much faith in their words."}
{"_id": "211414", "title": "", "text": "\"For any accounts where you have a wish to keep track of dividends, gains and losses, etc., you will have to set up a an account to hold the separately listed securities.  It looks like you already know how to do this.  Here the trading accounts will help you, especially if you have Finance:Quote set up (to pull security prices from the internet). For the actively-managed accounts, you can just create each managed account and NOT fill it with the separate securities.  You can record the changes in that account in summary each month/year as you prefer. So, you might set up your chart of accounts to include these assets: And this income: The actively-managed accounts will each get set up as Type \"\"Stock.\"\"  You will create one fake security for each account, which will get your unrealized gains/losses on active accounts showing up in your trading accounts.  The fake securities will NOT be pulling prices from the internet.  Go to     Tools -> Securities Editor -> Add and type in a name such as \"\"Merrill Lynch Brokerage,\"\" a symbol such as \"\"ML1,\"\" and in the \"\"Type\"\" field input something like \"\"Actively Managed.\"\" In your self-managed accounts, you will record dividends and sales as they occur, and your securities will be set to get quotes online.  You can follow the general GnuCash guides for this.   In your too-many-transactions actively traded accounts, maybe once a month you will gather up your statements and enter the activity in summary to tie the changes in cost basis.  I would suggest making each fake \"\"share\"\" equal $1, so if you have a $505 dividend, you buy 505 \"\"shares\"\" with it.  So, you might have these transactions for your brokerage account with Merrill Lynch (for example): When you have finished making your period-end summary entries for all the actively-managed accounts, double-check that the share balances of your actively-managed accounts match the cost basis amounts on your statements.  Remember that each fake \"\"share\"\" is worth $1 when you enter it.  Once the cost basis is tied, you can go into the price editor (Tools -> Price Editor) and enter a new \"\"price\"\" as of the period-end date for each actively-managed account.  The price will be \"\"Value of Active Acct at Period-End/Cost of Active Acct at Period-End.\"\"  So, if your account was worth $1908 but had a cost basis of $505 on Jan. 31, you would type \"\"1908/505\"\" in the price field and Jan. 31, 2017 in the date field. When you run your reports, you will want to choose the price source as \"\"Nearest in Time\"\" so that GnuCash grabs the correct quotes. This should make your actively-managed accounts have the correct activity in summary in your GnuCash income accounts and let them work well with the Trading Accounts feature.\""}
{"_id": "211428", "title": "", "text": "When you buy a currency via FX market, really you are just exchanging one country's currency for another. So if it is permitted to hold one currency electronically, surely it must be permitted to hold a different country's currency electronically."}
{"_id": "211441", "title": "", "text": "\"As others have noted, your definition of \"\"market price\"\" is a bit loose.  Really whatever price you get becomes the current market price.  What you usually get quoted are the current best bid and ask with the last transaction price.  For stocks that don't trade much, the last transaction price may not be representative of the current market value. Your question included regulation (\"\"standards bureau\"\"), and I don't think the current answers are addressing that.  In the US, the Securities and Exchange Commission (SEC) provides some regulation regarding execution price.  It goes by the designation Regulation NMS, and, very roughly, it says that each transaction has to take the best available price at the time that it is executed.  There are some subtleties, but that's the gist of it. No regulation ensures that there will be a counterparty to any transaction that you want to make.  It could happen, for example, that you have shares of some company that you're never able to sell because no one wants them. (BitCoin is the same in this regard.  There is a currently a market for BitCoin, but there's no regulation that ensures there will be a market for it tomorrow.) Outside of the US, I don't know what regulation, if any, exists.\""}
{"_id": "211444", "title": "", "text": "That is called a 'volume chart'. There are many interactive charts available for the purpose. Here is clear example.  (just for demonstration but this is for India only) 1) Yahoo Finance 2) Google Finance 3) And many more Usually, the stock volume density is presented together (below it) with normal price vs time chart. Note: There is a friendly site about topics like this. Quant.stackexchange.com. Think of checking it out."}
{"_id": "211447", "title": "", "text": "A falling $AUD would be beneficial to exporters, and thus overall good for the economy. If the economy improves and exporters start growing profits, that means they will start to employ more people and employment will increase - and with higher employment, employees will become more confident to make purchases, including purchasing property. I feel the falling $AUD will be beneficial for the economy and the housing market. However, what you should consider is that with an improving economy and a rising property market, it will only be a matter of time before interest rates start rising. With a lower $AUD the RBA will be more confident in starting to increase interest rates. And increasing interest rates will have a dampening effect on the housing market. You are looking to buy a property to live in - so how long do you intend to live in and hold the property? I would assume at least for the medium to long term. If this is your intention then why are you getting cold feet? What you should be concerned about is that you do not overstretch on your borrowings! Make sure you allow a buffer of 2% to 3% above current interest rates so that if rates do go up you can still afford the repayments. And if you get a fixed rate - then you should allow the buffer in case variable rates are higher when your fixed period is over. Regarding the doomsayers telling you that property prices are going to crash - well they were saying that in 2008, then again in 2010, then again in 2012. I don't know about you but I have seen no crash. Sure when interest rates have gone up property prices have levelled off and maybe gone down by 10% to 15% in some areas, but as soon as interest rates start falling again property prices start increasing again. It's all part of the property cycle.  I actually find it is a better time to buy when interest rates are higher and you can negotiate a better bargain and lower price. Then when interest rates start falling you benefit from lower repayments and increasing property prices. The only way there will be a property crash in Australia is if there was a dramatic economic downturn and unemployment rates rose to 10% or higher. But with good economic conditions, an increasing population and low supplies of newly build housing in Australia, I see no dramatic crashes in the foreseeable future. Yes we may get periods of weakness when interest rates increase, with falls up to 15% in some areas, but no crash of 40% plus. As I said above, these periods of weakness actually provide opportunities to buy properties at a bit of a discount. EDIT In your comments you say you intend to buy with a monthly mortgage repayment of $2500 in place of your current monthly rent of $1800. That means your loan amount would be somewhere around $550k to $600K. You also mention you would be taking on a 5 year fixed rate, and look to sell in about 2 years time if you can break even (I assume that is break even on the price you bought at). In 2 years you would have paid $16,800 more on your mortgage than you would have in rent. So here are the facts: A better strategy:"}
{"_id": "211451", "title": "", "text": "\"The best solution is to \"\"buy\"\" the car and get your own loan (like @ChrisInEdmonton answered). That being said, my credit union let me add my spouse to a title while I still had a loan for a title filing fee.   You may ask the bank that holds the title if they have a provision for adding someone to the title without changing the loan.   Total cost to me was an afternoon at the bank and something like $20 or $40 (it's been a while).\""}
{"_id": "211456", "title": "", "text": "\"No, they are a fucked up company that uses patent litigation to try and control designs they have no rightful ownership of. The phrase \"\"patent troll\"\" certainly can have multiple meanings and that is one of them.   The judge that slapped them with an injunction for abusing patent law and acting as bullies pointed out that the patents they were suing against had expired over fifty years previously. That is a patent troll.\""}
{"_id": "211476", "title": "", "text": "A look at the utility bills should give you an idea of the actual number of tenants.  Some places- like I once read of Carmel, California- may require you prove you have enough water to support more rental cabins.  You may find the nearby community is anti-growth. If a profitable expansion were possible, I'm wondering why the current owner didn't do it.  Since a fire or flood could destroy all, you'll want to know what full replacement-value insurance and riders will cost.  Can emergency vehicles travel the current roads, or is the new owner going to be liable for any costs to widen, cut back brush, and otherwise bring up to code? We did this on the access to our property, then the County graded it.  If the location is so remote that a storm could cut you off, you'll want to mentally and physically prepare for this. I've lived in remote areas and it can be heavenly-until someone needs an emergency MediVac. Ensure you've got good antenna for CB or HAM-don't rely on cell alone."}
{"_id": "211478", "title": "", "text": "Also, a propensity to make good decisions (information notwithstanding) can probably be ultimately attributed to your genetics and upbringing, neither of which anyone has any control over.  So it is difficult to attribute anything at all, fundamentally, to anything but circumstance.   Sad but true."}
{"_id": "211480", "title": "", "text": "That is the part I like most about SoundCloud, how artists use it as a platform to share their creations. As others have mentioned it's probably just a shit mobile app, which is a pity. Because the app is a means to an end, that is to say.... I use the app to stream soundcloud, which is then transmitted to my Hi-FI setup over Chromecast or bluetooth (preferably the former)."}
{"_id": "211485", "title": "", "text": "\"Being self-employed, your \"\"profit\"\" is calculated as all the bills you send out, minus all business-related cost that you have (you will need a receipt for everything, and there are different rules for things that last for long time, long tools, machinery).  You can file your taxes yourself - the HRS website will tell you how to, and you can do it online. It's close to the same as your normal online tax return. Only thing is that you must keep receipts for all the cost that you claim.  Your tax: Assuming your gross salary is \u00a325,000 and your profits are about \u00a310,000, you will be paying 8% for national insurance, and 20% income tax. If you go above \u00a343,000 or thereabouts, you pay 40% income tax on any income above that threshold, instead of 20%, but your national insurance payments stop.\""}
{"_id": "211488", "title": "", "text": "\"Sometimes a business must keep track of overhead expenses that can be used to determine the rates they will bill their customers especially the government. When determining the rates they are allowed to charge the government they have to include direct costs and indirect costs. These indirect costs include allowable overhead and G&A. They can also include profit, but the government limits the maximum profit. Any unallowable expenses have to come out of profit.  Unallowable expenses include: \"\"Costs of amusement, diversions, social activities, and any directly associated costs such as tickets to shows or sports events, meals, lodging, rentals, transportation, and gratuities are unallowable.\"\" When they talk about meals and lodging being unallowable they are referring to those not needed to support the contract. If the contract expects the contractor to travel they will generally provide a travel budget that is separate from the amounts used to determine the hourly rate. The term slush fund has the connotation of being illegal or hidden. Slush funds are used to bribe officials or are leftover funds that were supposed to be spent, and are now being hidden so that they can be misused at a later date.\""}
{"_id": "211503", "title": "", "text": "I would investigate mint.com further.  Plenty of people have written off using them because Intuit purchased them, but that seems like cutting of your nose to spite your face. I think mint.com is worth it for its Trends functionality alone, not to mention its automatic categorization of your purchases, reminders when bills are due, notifications of increased credit card interest rates, and overdraft notices. I don't think mint.com schedules bills & deposits, but it tracks stocks & mutual fund investments and compares your portfolio returns against Dow Jones, S&P 500, or NASDAQ if you wish.  I'm not sure I see the advantage of manual transaction entry, but you can add cash or check transactions manually.  As I mentioned earlier, automated categorization is a great feature.  In addition, you can tag certain transactions as reimbursable or tax-related. If the primary feature you're interested in is stock quotes, maybe something like Yahoo Finance or Google Finance will be enough."}
{"_id": "211509", "title": "", "text": "\"This is actually a very complicated question. The key reading in this area is a seminal paper by Almgren & Chriss, \"\"Optimal Execution of Portfolio Transactions\"\" (2000). They show that there's a tradeoff between liquidating your portfolio faster and knowing the value with more certainty, versus liquidating more slowly (and likely for a higher price) but with less certainty. So for example, if you sold your entire position right now, you would know almost certainly how much you would get for the position. Or, you could sell off your position more slowly, and likely get more money, but you would have less certainty about how much you would get. The paper is available online at http://www.courant.nyu.edu/~almgren/papers/optliq.pdf\""}
{"_id": "211525", "title": "", "text": "First, a Roth is funded with post tax money. The Roth IRA deposit will not offset any tax obligation you might have.  The IRA is not an investment, it's an account with a specific set of tax rules that apply to it. If you don't have a brokerage account, I'd suggest you consider a broker that has an office nearby. Schwab, Fidelity, Vanguard are 3 that I happen to have relationships with.  Once the funds are deposited, you need to choose how to invest for the long term. The fact that I'd choose the lowest cost S&P ETF or mutual fund doesn't mean that's the ideal investment for you.  You need to continue to do research to find the exact investment that matches your risk profile. By way of example, up until a few years ago, my wife and I were nearly 100% invested in stocks,  mostly the S&P 500. When we retired, four years ago, I shifted a bit to be more conservative, closer to 80% stock 20% cash."}
{"_id": "211541", "title": "", "text": "Assisted living can give seniors a new lease of life; it can be the best place for them. There are many benefits offered by these assisted living facilities: Safety \u2013 it provides a safe and comfortable environment for elders. Certain installations like bars to grab onto while in the shower or ramps and panic call buttons can go a long way in reducing falls and accidents. As safe as we may try to be, accidents do happen. There is always a 24-hour emergency alert system so if residents have emergencies in their own apartment or room, they can summon immediate help. These facilities also hire trained professionals who work round the clock to attend to these emergencies. Meals \u2013 there are many elders who don\u2019t enjoy eating alone. Assisted living community offers freshly prepared meals. The main pull, however, are the communal meals. People tend to eat better when they have company. Transportation \u2013 most centers provide group transportation for shopping, community events, and clinic appointments. This gives elders the freedom to go where they want to, with no restrictions what so ever. Less worry- residents will not have to worry about repair responsibilities. If something is not working, they simply alert the administration and the problem is fixed. Living is a community eliminates the fear of letting in a stranger to fix a bathroom pipe and getting an expensive repair bill. Socialization- this is perhaps the best reason to let elders stay in an assisted living community. Social skills of elders can decline as lifelong friends have health issues or have died. This can cause depression to set in and a reluctance to be socially active. At assisted living communities, ones the residents adjust to the lifestyle, they start enjoying the company of like-minded people. They play cards together, listen to music, exercise, have snacks, go to community events and even invite people over to entertain them. They can even enjoy intellectual stimulation as most communities provide classes, book clubs and art workshops to help them expand their horizon and keep their senses sharp. Summerfield is one such Utah Retirement home, where residents get assistant as per their requirement and still enjoy their independence."}
{"_id": "211543", "title": "", "text": "Your broker should make you whole by adjusting the quantity of the underlying (see: http://www.schaeffersresearch.com/education/options-basics/key-option-concepts/dividends-stock-splits-and-other-option-contract-adjustments) but I would check with them that this will happen. You will then have an option on 4 times the underlying for each option. Unless the price has risen in the interim or you bought them after the split was announced you should not make a loss."}
{"_id": "211545", "title": "", "text": "When it comes to steam generators, Aqualine Saunas offers the best ones out there. Their products feature a compact design, making them easy to install even in tight and low spaces. On top of that, their steam generators are also equipped with touch screen control panels for easier use. To learn more, visit their website at https://www.aqualinesaunas.co.uk/."}
{"_id": "211586", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://thehill.com/homenews/administration/356449-trump-identifies-three-candidates-for-fed-job) reduced by 70%. (I'm a bot) ***** &gt; In an interview on Fox Business Network&amp;#039;s &amp;quot;Mornings with Maria&amp;quot; set to air Sunday, Trump said he is considering Federal Reserve Governor Jerome Powell, Stanford University economist John Taylor and current Fed Chairwoman Janet Yellen.  &gt; Reuters had reported the day before that White House National Economic Council Director Gary Cohn and former Fed Governor Kevin Warsh are also under consideration to chair the Fed.  &gt; Trump met with Yellen at the White House on Thursday, and the Fed chairwoman visited once again on Friday to have lunch with Cohn.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77ql0k/trump_names_candidates_for_top_fed_job/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232225 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Trump**^#1 **Fed**^#2 **Yellen**^#3 **White**^#4 **House**^#5\""}
{"_id": "211596", "title": "", "text": "High-paying salary countries have higher cost of living and Japan tops the list (unless you want to live like a monk inside the creepy confines of Japan's suicide forest called Aokigahara).  This infograph will make you think hard.  Do you wanna stay-put and eat 350 pesos/kilo of large pink shrimps or do you wanna go and see the world, maybe live in Australia and have the same shrimps for lunch enjoying the breathtaking views of Sydney Harbour for twice the price?"}
{"_id": "211600", "title": "", "text": "&gt; I'm strongly considering the military as an option to pay for it. They have a program where you commission as an officer, with that salary, and they cover school.  Aren't they going to make you work for them and send you overseas whenever they want?  In high school I took the asvab and they wouldn't stop bugging me and told me they would cover all expenses, but from what I remember I had to be their property for a while which I wasn't okay with."}
{"_id": "211601", "title": "", "text": "&gt; The economic rich make the world a better place by creating goods and services people are willing to pay for.  Sounds like supply-side bullshit to me. More people with money to purchase goods are far more important than a few people with more money deciding what they feel like poor people should want to buy."}
{"_id": "211614", "title": "", "text": "The problem is cutting Social Security is a great way to not get reelected.  So congress will resist doing this no matter what.  I fear they might rather push the country to the verge of bankruptcy rather than cut Social Security."}
{"_id": "211622", "title": "", "text": "\"On reflection there are financial products that do what you want, whole-life insurance policies that guarantee an annual dividend calculation on some index with a ceiling and floor.  So you will have a return within a defined minimum and maximum range.   There are a lot of opinions on the internet on this.  This Consumer Reports article is balanced These have a reputation for being bad for the consumer compared to buying term life and investing in a mutual fund separately, but if you want the guarantee (or are a \"\"moral hazard\"\" for a life insurance policy, closer to death than you appear on paper) it may be a product for you.   If you're very wealthy, there is an estate tax exploit in insurance death benefits that can make this an exceptional shield on assets for your heirs, with the market return just the gravy.\""}
{"_id": "211642", "title": "", "text": "By in combination with fiat I mean we will continue to use sterling or dollars in society along with Bitcoin perhaps for online purchases exclusively, as an example. Many people here advocate for a society that would only use cryptocurrency as money.   Cryptocurrency, specifically Bitcoin, is unlike fiat currency firstly because it is not backed by a government, it's in the ether so to speak, it proves its own value intrinsically. No central authority decides on the actions to take in regard to the currency.   Other characteristics that separate Bitcoin from fiat are its inability to be inflated, it's finite nature, there will only ever be x amount of bitcoins - it is deflationary by nature of the algorithm. Central authorities can devalue their fiat currency through financial instruments like inflation and controlling the production (quantitative easing). This isn't true of all crypto currencies like dogecoin and maybe ETH"}
{"_id": "211646", "title": "", "text": "Start reading up on what you want to do. Then decide how you are going to get there. CFA/CPA could only help you, same goes for an MBA. How much programming experience  do you have?   You have a P.h.D in Chemistry. Not too familiar with the field of chemistry, but I'm guessing that it is reasonably quantitative in nature. This demonstrates that you can be taught and can synthesize complex information. A lot of firms look for people like you who can think outside of the proverbial financial box. One to check out is D.E. Shaw. They hire people with obscure backgrounds to work in finance. I bet that most of the people that work there never studied any sort of finance prior to becoming employed there.   On another note, consulting may be an interesting may for you to go.   You could work in a field (bio/pharma) that requires industry knowledge. You'd be quite valuable to a Deloitte, McKinsey, or something of the like.   Best of luck!"}
{"_id": "211649", "title": "", "text": "I grant your point about Lyft and Uber possibly cutting rates once everyone begins tipping. However, [research shows](http://therideshareguy.com/rsg-2017-survey-results-driver-earnings-satisfaction-and-demographics/) that Lyft drivers earn more and are more satisfied with their jobs. That's the kind of company I want to be supporting."}
{"_id": "211650", "title": "", "text": "That's a completely false statement. You really should read something for yourself instead of parroting misinformation. Per the US Energy Information Administration's 2015 report, more than 50% of all subsidy money ($15 billion of just less than $30 billion) is for renewables while producing less than 15% of energy with solar accounting for a whopping 0.005% (rounded up).   https://www.eia.gov/analysis/requests/subsidy/pdf/subsidy.pdf  By contrast, liquid petroleum and coal received only ~$3.4 billion in subsidies produced 66% (rounded down) of energy.   The moral of the story is: just because you want something to be true really badly doesn't mean it is."}
{"_id": "211655", "title": "", "text": "You think your profile is private?  You might be able to lock down who can see what but when you like things on facebook there is nothing private about that. facebook sees it, your friends will see it, and the owners of the page you liked will see it.  That feature is a major part of how facebook does business.  You should probably delete your account on fb."}
{"_id": "211671", "title": "", "text": "Hot damn, I wish there were more democrat assholes that would happily announce they'll fire people if Romney goes into office, because neither really affects their business at all.  Actually, Romney would be worse, because he wants to make it illegal to discriminate and illegal to have a waiting period but also not require people to buy insurance.  I will wait until I get sick to buy insurance, then cancel right after I'm well. It'll be really cheap and mean I pay in less (and so will everyone else, because it would be fiscally stupid to not do it) than I take from the pool."}
{"_id": "211682", "title": "", "text": "&gt; Same in Switzerland as far as I know  In Switzerland it is a regional matter and in most regions not possible. The few that allow it also tend to require a justification and/or let you opt out (of what is in my mind a disgusting breach of data protection); Zurich is a case in point - you can opt out."}
{"_id": "211688", "title": "", "text": "Any bank that lends Cristina Fern\u00e1ndez de Kirchner or any Argentinian government any money would be further ahead to just use that money as kindling to roast marshmallows over. At least they'd get some heat and light and toasted marshmallows for their trouble. Argentina has defaulted or forced major haircuts on bondholders eight times since the 1830s."}
{"_id": "211708", "title": "", "text": "This is great! I'm not a CPA, but work in finance. As such, my course/professional work is focused more on the economic and profitability aspects of transfer pricing. As you might imagine, it tended to analyze corporate strategy decisions under various cost allocation models, which you thoroughly discuss.  I would agree with the statement that it is based on the matching principle but would like to add that transfer pricing is interesting as it falls under several fields: accounting, finance, and economics. Fundamentally it is based on the matching principal, but it's real world applications are based on all three (it's often used to determine divisional and even individual sales peoples profitability; as is the case with bank related funds transfer pricing on stuff like time deposits). In this case, the correct accounting principal allows you to, when done properly, better understand the economics, strategy, and operations of an organization.   In effect, when done correctly, it provides transparency for strategic decision making to executives. As I said, since my coursework tended to focus more on that aspect, I definitely have a natural tendency towards it.  This is an amazing explanation (esp. about interest on M&amp;A bridge loans, I get that) of the more detailed stuff! Truthfully, I'm not as familiar with it and was just trying to show more of the conceptual than nitty-gritty.   Thanks for the reply!"}
{"_id": "211712", "title": "", "text": "I live in suburban Washington DC.  The houses in my old neighborhood that  used to sell for $500K to $600K were renting for about $2,500 because that's all the market could bear.  My mortgage was about $3,100 but I could never have rented it out for that.  Owners were taking a loss every month just to keep the house.  Like I said earlier though, that same house is now only worth $328K.  They're still renting for the same $2,500 per month that they did before the value plummeted.   I did downsize a bit when I moved to my new house.  Went from 4 very large bedrooms to 4 moderate bedrooms (1 is kinda small) and went from 3 bathrooms to 2.  But the plot is much larger now than my previous house.  Before felt like a McMansion and now it feels like a cozy cottage but I'm sure a lot of that is my perception of the whole situation."}
{"_id": "211713", "title": "", "text": "The best way to invest in college for your kid is to buy an investment property and rent it out. You might think I am really crazy to ask you to you to buy a real estate property when everyone is running from real estate.  Go where others are running away from it. Look where others are not looking. Find out the need for a decent rental property in your city or county and start following the real estate market to understand the real activities including the rental market. I would say follow it for 6 months before jumping in with any investment.  And manage your property with good tenants until your kid is ready to go to college. By the time your kid is ready for college, the property would have been paid off by the rents and you can sell the property to send your kid to college."}
{"_id": "211730", "title": "", "text": "When you buy a stock, you become a partial owner of the company that the stock is for. As the company is valued at a higher or lower amount, the stock will reflect that by gaining or losing value. You still own that stock. For example, if you bought a stock for $10 per share and next week it is worth $8 dollars per share, the only loss incurred is on paper. You do not have to pay the difference (which I think is what you are asking?) and will only physically lose that money if you sell at that point. Similarly if that stock becomes worth $12, you have only gained money on paper and can only physically see it if you sell at that point."}
{"_id": "211732", "title": "", "text": "Find and spare thoughts regarding Lime scale remover on scale manager. See more thoughts regarding Calcium remover, Diy limescale removers and Hard water remover. Different store pantry fixings can demonstrate viable in handling electronic Limescale Remover . An answer of a balance of white vinegar and water can be convenient in de-scaling machines like the pot or coffee maker. There are likewise a lot of uncommonly defined cleaning items available that are especially viable in handling limescale issue regions like the can bowl and underneath your taps."}
{"_id": "211744", "title": "", "text": "\"&gt;i have rarely had a \"\"oops, we overbooked and you get a Hyundai Accent\"\" experience  I was thinking the same thing. The only time I've ever been downgraded instead of upgraded was because I was on a tight schedule and couldn't wait for someone to return a larger vehicle, so I ended up taking a Nissan Versa because it was pretty much the only thing available.\""}
{"_id": "211765", "title": "", "text": "Call up vanguard and tell them you want to do a rollover.  They walk you through the process.  Spend some time on reading up on asset allocation and benefits of indexing.   1.5% every year is steep and what do you have in return?  The advisor's word that he'll make it up.  How much did he manage to return during the last lost decade?   It's a lose-win situation.  He'll get his 1.5% no matter how the market does but that's not the deal you are getting. Go with Vanguard.  You are already thinking correctly - diversification, rebalancing, low cost!"}
{"_id": "211767", "title": "", "text": "There are lot of options. I personally avoid keeping money in bank accounts and invest in one of the funds. It's just my personal opinion, you can ask your Ulamas"}
{"_id": "211768", "title": "", "text": "&gt; You may be willing to pay much more, but not everyone is willing.  From my experience, the great majority of Americans aren't willing to pay anything above the cheapest possible price, even if they know that this means that the people who actually make the product for them are being brutally exploited."}
{"_id": "211791", "title": "", "text": "Tech2Globe offers professional real estate image photo editing services, digital photo editing services, image photo retouching service and many more at very good price.Tech2Globe provide high quality services and 100% accuracy in results that have made Tech2Globe the preferred outsourcing partner for photo editing services.Please visit for more details.Visit http://www.tech2globe.com/ Email:Info.tech2globe"}
{"_id": "211802", "title": "", "text": "No, I want you to sum up the situation for me in your own words. I want to see that you have a correct understanding of what it is you're arguing about. Until then, you're just Brad Katsuyama's shill (to use your own words)."}
{"_id": "211806", "title": "", "text": "I do not quite understand your point..  Say you repeal a tax, without reducing public spending. Then if you analyze the economic impact, that does not fairly represent the impact of the tax, now does it?  Just think of it this way:  Increasing the wealth tax and increasing government spending =- Reducing the wealth tax and -reducing government spending-  What do you think?"}
{"_id": "211810", "title": "", "text": "https://personal.vanguard.com/pub/Pdf/sai059.pdf?2210128720  your colleague's right.  *The Agreement provides that the Funds will not contribute to Vanguard\u2019s capitalization or pay for corporate management, administrative, and distribution services provided by Vanguard. However, each Fund will bear its own direct expenses, such as legal, auditing, and custodial fees. In addition, the Agreement further provides that the Funds\u2019 direct expenses will be offset, in whole or in part, by a reimbursement from Vanguard for (1) the Funds\u2019 contributions to the cost of operating the underlying Vanguard funds in which the Funds invest and (2) certain savings in administrative and marketing costs that Vanguard expects to derive from the Funds\u2019 operations.* **The Funds expect that the reimbursements should be sufficient to offset most or all of the direct expenses incurred by each Fund.** *Therefore, the Funds are expected to operate at a very low\u2014or zero\u2014direct expense ratio. Of course, there is no guarantee that this will always be the case. Although the Funds are not expected to incur any net expenses directly, the Funds\u2019 shareholders indirectly bear the expenses of the underlying Vanguard funds.*  It's basically a gamble..."}
{"_id": "211818", "title": "", "text": "WOW . . .really WOW!!!  They grew the Fed balance sheet from 800 Billion to 4.5 trillion by buying up every bad debt and funny money contract that the banking sector had fraudulently entered into . . .in spite of the fact that every economist in the world told them that socializing the debt was bullshit . . .they gave their banker buddys trillions of dollars of tax payer money . . .this money never entered the real economy and remain tied up between the Fed and the banks . .the real economy never grew, inflation never picked up and the wage and income gap grew and the Banks got richer and everybody got poorer and now they are going to unwind US 4.5 trillion . .whatever the fuck that means, bcause nobody is buying those toxic assets because they have no value . .not then and not now.  If the banks buy it back they are right back where they started with 4.5 trillion of bad debt.   So all it could mean is they are going to write it off as a loss and that would mean they have been lying to the American public about what great profits and have mean while transferred US 4.5 trillion free money at tax payer expense to the banks."}
{"_id": "211839", "title": "", "text": "\"Whole life is life insurance that lasts your whole life.  Seriously. Since the insurance company must make a profit, and since they know they will always pay out on a whole life policy, whole life tends to be very expensive, and has lower \"\"death\"\" benefits than a term policy. Some of these policies are \"\"paid-up\"\" policies, meaning that they are structured so that you don't have to pay premiums forever.  But what it amounts to is that the insurance company invests your premiums, and then pays you a smaller \"\"dividend,\"\" much like banks do with savings accounts. Unless you are especially risk-averse, it is almost always a better decision to get an inexpensive term policy, and invest the money you save yourself, rather than letting the insurance company invest it for you and reap most of the benefits. If you are doing things properly, you won't need life insurance your whole life, as retirement investments will eventually replace your working income.\""}
{"_id": "211867", "title": "", "text": "The 2 and 20 rule is a premium arrangement that hedge funds offer and venture capital funds offer, and they also offer different variations of it. The 2 is the management fee as percent of assets under management, the 20 is the profit cut, which they only get if they are profitable. There are 0/20, 1/15, and many variations. You're assuming that nobody offers this arrangement because it isn't offered to you, but that's because nobody offers it to people that aren't wealthy enough to legally qualify for their fund. When you park 6 or 7 figure amounts in bank accounts, they'll send your information out to the funds that operate the way you wish they operated."}
{"_id": "211868", "title": "", "text": "\"&gt;Most jobs have fairly standardized raw inputs.  No, in fact, *most* jobs do NOT have such things.  There are often \"\"idiot managers\"\" who may *think* they can break everything down that way -- but they are a product of academia (MBA's) and really don't have a clue what is actually going on, or how to actually manage anything.\""}
{"_id": "211869", "title": "", "text": "is it possible to file that single form aside from the rest of my return? Turbotax will generate all the forms necessary to file your return. I recommend you  access these forms and file them manually. According to the IRS in order to report capital gains and losses you need to fill out Form 8949 and summarize them on Form 1040 D. Add these two forms to the stack that turbotax generates. Add the total capital gains to line 13 of the Form 1040 which turbotax generated, and adjust the totals on the form accordingly."}
{"_id": "211908", "title": "", "text": "I almost agree. I am not completely sure about the ownership of stock, but to have the majority ownership of any company you must own more than 50% of a company's outstanding shares. Although a board in majority, could out vote a majority shareholder in most cases depending on the company policy regarding shareholders and the general law of the country, and to how the company is managed."}
{"_id": "211932", "title": "", "text": "Jason McDowell not only breeds dogs, he also trains them to provide a puppy that is well behaved and friendly. Health of the puppy is very important for us and we ensure that each puppy has the shots and worming done before they are handed over to the new owner. If you need any information on dog and how to care for them, we can help you there."}
{"_id": "211942", "title": "", "text": "\"Since the other answers have covered mutual funds/ETFs/stocks/combination, some other alternatives I like - though like everything else, they involve risk: Example of how these other \"\"saving methods\"\" can be quite effective: about ten years ago, I bought a 25lb bag of quinoa at $19 a bag.  At the same company, quinoa is now over $132 for a 25lb bag (590%+ increase vs. the S&P 500s 73%+ increase over the same time period).  Who knows what it will cost in ten years.  Either way, working directly with the farmers, or planting it myself, may become even cheaper in the future, plus learning how to keep and store the seeds for the next season.\""}
{"_id": "211952", "title": "", "text": "I've never thought about the difference in goals between manufacturers and local businesses...Hmmm, your knowledge about the facebook ad model might be able to help me with a personal project I'm doing.  If you care to take a whack at it, read on:  What interested me before the IPO was the debate about the **value** of FB's ad model.  To get  a better idea, I wanted to use regression modeling test the efficacy of advertising on Facebook compared to traditional media (TV, magazines, banner ads...).  I haven't quite got how the model is going to *prove* the relative effectiveness/ineffectiveness of Sponsored Ads and Fan Pages.  This really depends on the kind of independent variables I'm able to draw from the data sets I can find and this a lot of this information is hard to come by...  Any pointers on where I should look?"}
{"_id": "211985", "title": "", "text": "How much do we know about Nancy Sharp? The author of 2 magnificent books \u2013 \u2018BECAUSE THE SKY IS EVERYWHERE\u2019 and \u2018BOTH SIDES NOW: A TRUE STORY OF LOVE, LOSS AND BOLD LIVING\u2019. She is also a renowned Keynote speaker and Bold Living expert. Winner of eight book honors, she is globally followed and heard for her communication speeches."}
{"_id": "212004", "title": "", "text": "There are a couple of reasons that a person might choose to use insurance even if they could handle the financial loss if something went wrong. They know their risk better than the insurance company. While it might seem odd at first glance that an individual can be better at assessing risk than a large company with thousands of actuaries. There are limits to the amount of knowledge that an insurance company can have or use to price their insurance products. For instance if you were a very aggressive driver but didn't have any recent tickets or accidents because you were in college and didn't have a car on a regular basis, but now you have a job and drive 30 miles to work every day. You know your risk is relatively high but the insurance company sees you as relatively low risk and aren't able to price that extra risk into your premium. Just because a person can survive financial after losing something like a car or a house doesn't mean it isn't desirable to pay a small price to mitigate that risk. If you are using your savings to pay for an emergency then that money needs to be semi liquid in case you need it limiting your investment options. Where as if you purchase insurance you pay a small amount of money to be able to invest the rest of your money. Liquidity is a big deal particularly if you are a small business and investing into your business where your money can make your more money but you may or may not be able to access that money very easily."}
{"_id": "212011", "title": "", "text": "&gt;  If you can't grasp why bankruptcy has different implications, and thus is handled differently, for incorporated businesses, then (facepalm) you don't get it.  Care to explain?  AA screwed over their creditors by filing Chapter 11 - and will likely screw them over with more bankruptcy filings.  A homeowner walking away from an upside-down mortgage screws over his creditor - the bank.  Why is one action more moral than the other?  On a side note, house price collapses hurt individuals a lot in this country given that the home represents the majority of most people's wealth.  If your house falls 50%, you are hurt for life.  You might have thought after you paid it off you could live it in the rest of your life with the aid of a reverse mortgage.  Not as easy with such a pricing collapse."}
{"_id": "212016", "title": "", "text": "For a complete eye test, Sydney CBD, get in touch with Personal Eyes Optometry - a specialist provider of professional eye care solutions and quality eyewear. Our services include comprehensive eye examinations by experts, retinal imaging examinations, as well as emergency eye care for clients. Book an appointment today!"}
{"_id": "212025", "title": "", "text": "The difference is whether your options qualify as incentive stock options (ISOs), or whether they are non-qualifying options. If your options meet all of the criteria for being ISOs (see here), then (a) you are not taxed when you exercise the options.  You treat the sale of the underlying stock as a long term capital gain, with the basis being the exercise price (S). There is something about the alternative minimum tax (AMT) as they pertain to these kinds of options.  Calculating your AMT basically means that your ISOs are treated as non-qualifying options.  So if your exercise bumps you into AMT territory, too bad, so sad. If you exercise earlier, you do get a clock ticking, as you put it, because one of the caveats of having your options qualify as ISOs is that you hold the underlying stock (a) at least two years after you were granted the options and (b) at least one year after you exercise the options."}
{"_id": "212028", "title": "", "text": "Yes but your janitor make 100k because he is in NYC. He would make a lot less elsewhere.   That said is ludicrous that the country should cater to NYC issues. NYC should fix its issues instead.   Cost of living differences are the big equalizer among states and areas. I mean I'd love to live in NYC but cannot afford to. So you move to somewhere where you can realize your other goals. If for the janitor NYC living is the  dominant goal then he gives up the tax breaks for the higher income.  You can debate if this is a fair trade or not. But the trade off existence is not automatically bad."}
{"_id": "212029", "title": "", "text": "I think the chances of them changing the rules without grandfathering in people of retirement age (pun intended) are pretty small. The general rule of thumb on this issue seems to be to wait to get the full amount if you have sufficient resources that you don't expect to need the money earlier.  That is, unless you have some reason to not expect much longevity (family history of dying young, current medical condition, etc.) Ultimately, however, this is a big financial decision that is best made with the help of a good financial adviser/actuary. There are a large number of variables to be considered."}
{"_id": "212036", "title": "", "text": "1. Have enough funds to run the business and pay yourself the first year, plus 30%  2. Know your market, the good and the bad, then develop your niche.  3. Don't just sell merchandise. Sell service. Anyone can sell merchandise.  4. Listen to your customers, but don't follow their advice. Customers have agendas.  5. Set company and personal goals. If you can't meet both, you'll be miserable.  6. Plan and control your inventory (hold as little inventory as feasibly possible).  7. Market your business (understand the differences between Marketing, Advertising &amp; Sales).  8. Keep it simple and focused (expect to work 60+ hrs a week for the first 2 to 3 years)."}
{"_id": "212040", "title": "", "text": "Be honest, and let your expectations be known. BUT ....and I can't stress this enough...you need to let them know your willing to work just as hard as they are. Work with them, help them with their jobs every now and then so you know A) what  goes into their work and b) how they work. All ppl are different and respond differently to things but they will be more respectful of you if they know you don't think they are below you and that your a hard worker. Also....a thanks and good job go a long way...."}
{"_id": "212050", "title": "", "text": "\"I was a school board member and district negotiator for the teacher contract.  I came off the board in the last couple years.  In this case, it doesn't seem like tenure is the issue.  This is a seniority issue.  Teacher unions, like most unions are strict seniority shops.  That is basically the only thing that matters.  Tenured teachers can be let go without cause essentially only for budget reasons.  Districts/schools will identify which grade level (for elementary) or what program/subject the reduction in staffing will occur.  The lowest senior person is let go first regardless of skill or past performance.  Interestingly, if a teacher is certified to teach in more than 1 subject area, this can also cause chaos.  If that same teacher is the one who is reduced from a given department and they have higher seniority than the department where they also have certification, they will bump that other teacher thus taking their job.  Let's say you have a teacher who is certified in science and math in the high school setting.  They are number 90 out of 200 on the seniority list.  This teacher may have been teaching science for 10 years, but the other teachers in that department are all higher on the seniority list.  The lowest senior teacher in the math department is number 100 out of 200.  If the district identifies that a reduction of 1 science teacher is necessary, that teacher gets to bump the math teacher out of the job (thus getting laid off) so that they can fill the math slot even though they haven't taught math in over 10 years.    While not in all cases, often the teachers union negotiators set the stage for these type of layoffs.  Usually districts have only so many resources to go around.  Their funding is set for them by the state and any local operating levy needs to be voted into place - which can be difficult.  Also recognize that the teachers at the table in the negotiating session are the more senior teachers in the district (since they have been around longer) and are much less likely to lose their jobs due to staff reductions.  If the teachers union negotiates a raise that is higher than the district can support with the same number of teachers, the number of teachers must be reduced.  If you think the negotiators are there for all the teachers you are wrong.  One of the teachers I negotiated with once said the following, \"\"We would rather a higher compensation package at the expense of teacher reductions.\"\"  The system is designed to defend teacher compensation and provide job security as the first priority...not to provide the best education for our kids.  As with this teacher, they are losing a great asset because an outdated and terrible system was being upheld.\""}
{"_id": "212052", "title": "", "text": "The thing is that employment is a part of a loop, not an end in and of itself.  You work to make money.  You make money to spend it.  Other people work to give you what you spend money on so they can get that money etc.  If your problem is that there isn't enough production to meet demand then employment will rise and people will meet that demand.  On the other hand if something external disrupts the cycle and you get mass unemployment for some reason that will depress demand since all those people don't have money to spend anymore.  Thus there is lower demand for services since there is less money to pay for those services.  This is the downward spiral of a Depression.  My worry is that if we keep supplanting all the manual labor jobs (eventually including most retail in this) then who's going to be buying those services?"}
{"_id": "212089", "title": "", "text": "Honestly, there's one studio that's releasing a blockbuster with any kind of cadence (Ubi) and they do it by feeding the gaping maw of production with the fresh bodies it craves.  On top of that, because games take so much time to play consumers are much much less tolerant of stale ideas. The pressure to innovate is tremendous. Delivering, say, the video game equivalent of TMNT will not yield profits."}
{"_id": "212091", "title": "", "text": "Since you aren't contributing enough to count your parent as a dependent, there is no tax benefit to you for helping them. Gift tax is paid by the giver when total gifts to an individual exceed $14k/year and the lifetime exclusion of $5.49M has been exceeded. If your annual gifts exceed $14k (subject to change, as is the lifetime exclusion amount) then you have to file Form 709 with your return, but you will not pay gift tax unless you've both exhausted the lifetime exclusion and gift over $14k/year. If you pay medical bills directly, that amount does not count toward the $14k/year limit, so you could likely assist in excess of $14k/year and still avoid having to file the extra form. Most assistance programs are income-based, and gifts do not count toward income, but you'll want to check on the specific requirements for programs they are enrolled in."}
{"_id": "212110", "title": "", "text": "\"If you're talking about a single stock, you greatly underestimate the chances of it dropping, even long-term. Check out the 12 companies that made up the first Dow Jones Industrial Average in 1896. There is probably only one you've heard of: GE. Many of the others are long gone or have since been bought up by larger companies. And remember these were 12 companies that were deemed to be the most representative of the stock market around the turn of the 20th century. Now, if you're talking about funds that hold many stocks (up to thousands), then your question is a little different. Over the long-term (25+ years), we have never experienced a period where the overall market lost value. Of course, as you recognize, the psychology of investors is a very important factor. If the stock market loses half of its value in a year (as it has done a few times), people will be inundated with bad news and proclamations of \"\"this time it's different!\"\" and explanations of why the stock market will never recover. Perhaps this may be true some day, but it never has been thus far. So based on all the evidence we have, if you hold a well-diversified fund, the chances of it going down long-term (again, meaning 25+ years) are basically zero.\""}
{"_id": "212129", "title": "", "text": "Here's Chicago's medallion prices for June: http://chicagodispatcher.com/clients/chicagodispatcher/July2014MedallionPrices.pdf  The people that buy medallions and the ones who drive the cabs are not usually the same people. The medallion owner typically buys a vehicle and leases it to a driver. That means the medallion owner has to make back his investment, along with maintaining and insuring the vehicle. The drivers typically pay for the gas.  Now here's New York City: http://www.nyc.gov/html/tlc/downloads/pdf/july_2014_medallion_transfers.pdf  $1m for a medallion. Unless you have a lot of cash sitting around, you're taking out a loan to buy these medallions, which means loan payments and interest.  Do you still not get how this creates a small margin?"}
{"_id": "212131", "title": "", "text": "Summarized article: Recent mishaps causing supply disruptions at 14 California refineries caused wholesale gas prices to reach an all-time high of $4.39 per gallon.   Local gas stations increased prices to 30 cents or more per gallon overnight, with some stations charging as much as $5.79 per gallon.   Some stations chose not to buy high-priced wholesale gas for fear they wouldn't be able to sell it. While others shut off their pumps after they ran out of the gas they bought at lower wholesale prices.  Some of the refinery mishaps include an oil pipeline problem, a power outage at Exxon Mobil Corp's Torrance refinery and a shutdown of the crude distillation unit at Chevron Corp's Richmond refinery.   It is unknown when wholesale prices will come down but one solution may be to allow refineries to switch over from the summer blend to the cheaper winter blend earlier than planned.    The California Energy Commission is considering the idea but notes an early switch over could impact air quality. The summer blend reduces evaporation of pollutants during warm weather which would be less damaging to air quality in California's current heat wave.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "212140", "title": "", "text": "Sure he will, if he's working for 12 bucks already, he fucking needs thats job, he cant afford to get fired. They guy working for a twenny, he's not really all that likely to work his ass off. And what's there to work ass off in retail? Conditions are worse at the minimum wage places already, the richer guy is definitely doing less."}
{"_id": "212142", "title": "", "text": "I say to always say yes when asked to loan money to a friend or family member as long as you have the money to do it with. That is the key: having th emoney to do it with. And - don't expect to get it back ever. If you do, great. When you don't, your expectation was met. Although not often, I've lent money to friends and most of the time have been paid back. $10, $300, more. For the times when I was not, I do remember but I don't hold it against the person. Money is only money, after all. Friends are precious and worthy of your aid, support, and respect. If they weren't, then one must ask if they are really a friend. - I have also had to borrow money once for a non-trivial amount. My family, who can easily afford it, refused but a friend helped me at a critical juncture. I offered to make a contract but my friend said no, pay me back when you can. I have tried to start paying back a couple of times but my friend refused telling me to wait until I was more financially stable. - If I am ever lucky enough to be in the position my friend is in, I will emulate this behavior and do the very same thing - and love doing it all the while."}
{"_id": "212157", "title": "", "text": "Without getting into whether you should invest in Gold or Not ... 1.Where do I go and make this purchase. I would like to get the best possible price. If you are talking about Physical Gold then Banks, Leading Jewelry store in your city. Other options are buying Gold Mutual Fund or ETF from leading fund houses. 2.How do I assure myself of quality. Is there some certificate of quality/purity? This is mostly on trust. Generally Banks and leading Jewelry stores will not sell of inferior purity. There are certain branded stores that give you certificate of authenticity 3.When I do choose to sell this commodity, when and where will I get the best cost? If you are talking about selling physical gold, Jewelry store is the only place. Banks do not buy back the gold they sold you. Jewelry stores will buy back any gold, however note there is a buy price and sell price. So if you buy 10 g and sell it back immediately you will not get the same price. If you have purchased Mutual Funds / ETF you can sell in the market."}
{"_id": "212158", "title": "", "text": "\"As Yishani points out, you always have to do due diligence in buying a house. As I mentioned in this earlier post  I'd highly recommend reading this   book on buying a house associated   with the Wall Street Journal - it   clearly describes the benefits and   challenges of owning a house. One key   takeaway I had was - on average houses   have a \"\"rate of return\"\" on par with   treasury bills. Its best to buy a house if you want to live in a house, not as thinking about it as a \"\"great investment\"\". And its certainly worth the 4-6 hours it takes to read the book cover to cover.\""}
{"_id": "212162", "title": "", "text": "PROS: Price stability, confidence in the market, manipulation of money supply for direct monetary policy transmission, not having politicians conduct short sighted policy so they can get reelected, etc.  CONS: No checks/balances, few people control of the largest economy in the world, not democratic"}
{"_id": "212164", "title": "", "text": "My original statement was answering onefingerattack's query, not strategizing for institutional investors. It's very easy for instituationals to move money across borders into and out of treasuries, and to purchase gold near spot and vault it. For a retailer like onefingerattack, getting money into bitcoin is going to be much easier than opening a foreign bank account, exchanging, and transferring funds.  And my point wasn't to say that this was necessarily the best strategy because it is impossible to know. I just linked to an article about the fact that this strategy is being used by other Europeans (although, I think it's more by Greeks who worry about their Euros being nationalized and replaced with a drachma)."}
{"_id": "212222", "title": "", "text": "\"I would say people are generally talking about the prime lending rate. I have heard the prime lending rate defined as \"\"The rate that banks charge each other when they borrow money overnight.\"\" But it often defined as the rate at which banks lend their most creditworthy customers. That definition comes with the caveat that it is not always held to strictly. Either definition has the same idea: it's the lowest rate at which anyone could currently borrow money. The rate for many types of lending is based upon the prime rate. A variable rate loan might have an interest rate of (Prime + x). The prime rate is in turn based upon the Federal Funds Rate, which is the rate that the Fed sets manually. When the news breaks that \"\"the Fed is raising interest rates by a quarter of a point\"\"  (or similar) it is the Federal Funds Rate that they control. Lending institutions then \"\"fall in line\"\" and adjust the rates at which they lend money. So to summarize: When people refer to \"\"high\"\" or \"\"low\"\" or \"\"rising\"\" interest rates they are conceptually referring to the prime lending rate. When people talk about the Fed raising/lowering interest rates (In the U.S.) they are referring specifically to the Federal Funds Rate (which ultimately sets other lending rates).\""}
{"_id": "212231", "title": "", "text": "It is the best company of business valuation services. This expert has been working in the Automotive dealership expert witness industry for long years. The Kirk Kleckner offers an exceptional form of the fee, which includes enterprise valuation,  car valuation, and professional Automotive dealership expert witness. Deals happening at automobile dealerships can be inspired via the monetary matters of the auto commercial enterprise and in addition singular automobile examinations."}
{"_id": "212235", "title": "", "text": "While you are correct, engine tuning isn't as nefarious.  A common issue is someone who has no business buying a sports car will go out and buy a sports car.  And, if they are not tuned to drive like a sedan, they will get brought back the next day.  You will have people that spin out when the light turns green, just because their car has 500+hp and they don't know how to drive it.  So, paying for tuning, sounds more like custom software, than an on/off switch of the batteries."}
{"_id": "212241", "title": "", "text": "There have been a lot of startups that tried to tackle this same space [Flytenow](http://techcrunch.com/2014/06/20/uber-for-x-in-a-tiny-plane/), and [Blackjet](http://allthingsd.com/20121026/people-behind-uber-want-to-do-the-same-thing-for-private-planes-with-blackjet/) for example. The problem is that there is a prohibitively high cost per use and the private jet world lacks the same latent supply issue that Uber exploited in the town car industry (lots of town cars were sitting around during the day because they only had to do one or two drop offs).   Wouldn't be betting on this one suddenly breaking the trend.   Edit: Didn't notice that the article already mentioned competitors (including Blackjet) but I am not seeing this company's competitive advantage (aside from not doing the membership-sign up scheme). Additionally, I am not entirely convinced that people booking PRIVATE charter flights want to sell their unused seats. Isn't the whole point of a private flight that you don't have strangers on it?"}
{"_id": "212265", "title": "", "text": "Estate agents need the amount of deposit you will put down because they want to be able to assess the viability of your mortgage plans. If you have a high deposit (or are a cash buyer) that makes you an attractive buyer, and they can use it as leverage in your favour. It may also give them an idea of whether you could afford to pay more if you found a more expensive house you really liked."}
{"_id": "212270", "title": "", "text": "This is why business leaders and government leaders need to think and act much differently. Caring about the bottom-line and caring about the welfare of people are 2 completely different objectives.   This is why I fear a Romney presidency. The man has proven time and time again how little he cares about people especially when money is on the line.   note: Not liking Romney doesn't mean I like Obama."}
{"_id": "212293", "title": "", "text": "There are so many ways to transfer money from Canada to US, so the only problem choosing the most reliable, cheap, and fast way. PS: Interac e-Transfer is unfortunately only available inside Canada. I know nothing about XE.com, so I can't recommend it. There should be other ways to transfer money."}
{"_id": "212299", "title": "", "text": "&gt;Personally I think that loans are underused in today's investment world because people are too focused on getting the most out of the few big winners.   I'm not sure what your point is here. The fixed income market alone is about three times the size of equity markets, and this doesn't include credit or mortgage markets."}
{"_id": "212308", "title": "", "text": "\"The question should read: \"\"Borrow huge money for speculating\"\". This is a bad idea on many levels. The lowest rates available will be from time-limited credit card offers, followed by broker margin accounts. Personal loans are going to be higher. My advice: if you insist on throwing your money away, go to Vegas with $40k. At least you'll get some complimentary food and drink.\""}
{"_id": "212311", "title": "", "text": "I can, I obviously can't speak for every field but in mine I don't know a single person making 6 figures or more who doesn't work weekends from time to time.   Now I'm not saying that there at the office on a Sunday at 7am just like every other day. But maybe Saturday morning they're at there computer finishing off something from Friday, and then Sunday afternoon they need to prepare some things for Mondays meetings.   I've received emails from my boss at 4am on a Saturday, I seriously doubt that her boss is at home watching movies or out surfing or something like that.   And yes like you said in your post no one is around to cover them and business is a 24/7 venture. So even though they won't be at work 24/7 they're definitely on call if things go wrong."}
{"_id": "212312", "title": "", "text": "Generally speaking, if a business loses money for whatever reason, then that reduces the profits of the business which reduces the tax payable. However if you were holding the assets on a personal basis prior to incorporating the business, the position may become more complicated. For that kind of money some professional advice may be worthwhile."}
{"_id": "212320", "title": "", "text": "A lot depends on whether your mortgage payments are interest only or 'repayment' and what the remaining term is on each of the mortgages.  Either way I suspect that the best value for the money you put in will be had by making payments to the larger, newer mortgage.  This is because the quicker you reduce the capital owed the less interest you will pay over the whole term of the mortgage and you've already had the older mortgage for sometime (unless you remortgaged) so the benefit you can get from an arbitrary reduction in the capital is inevitably less than you will get from the same reduction in the capital of the newer mortgage.  Even if the two mortgages are the same age then the benefit of putting money into the one on the new house is greater due to the greater interest charged on it."}
{"_id": "212323", "title": "", "text": "\"Yes I agree, I remember the British Airways flight I took to Florida when I was 13 for the family holiday and idiots were rushing the gate when they weren't called. Eventually the gate agent got so pissed off he made an example of this stupid middle aged man who was trying to act all entitled in the style of \"\"LADIES AND GENTLEMEN, THIS MAN HERE IS A PERFECT EXAMPLE OF SOMEONE WHO ARRIVES AT THE GATE WHEN THEIR ZONE IS **NOT** CALLED, AS A RESULT OF THIS YOU WILL BE BOARDING THE AIRCRAFT LAST SIR\"\" or words to that effect. He tried arguing against a piece of paper, you can't really win...  Also usually gate agents and checkin desks are staffed by airline services companies like Menzies Aviation as far as I know, I'm not sure if that's relevant however.\""}
{"_id": "212332", "title": "", "text": "&gt; The government can stimulate innovation yes, but only at the expense of someone else.  I don't agree with this. There's a very good ROI on investments in innovation. I have applied for subsidies for research and innovation myself. For my government, a ROI of 2000% (!) in 5 years is what they are looking for. But they use a different metric: when I say I create a new job that did not exist that pays 50.000 Euro/year, this is added to the expected profit. New jobs at suppliers and customers are also counted. Everything is taxed between 30% and 50%. So the ROI for the government is there.  The reason innovation in the States is slacking is because the Obama administration failed to invest in research and innovation.  &gt;The actual price of money itself is manufactured  Of course it is."}
{"_id": "212348", "title": "", "text": "It\u2019s not misleading at all.  People making the highest incomes already pay the vast majority of income taxes.  Something like 40% of Americans pay zero net federal income tax.  These people have ZERO skin in the game and yet they think they should have a seat at the table demanding more!  The entitlement is sickening.  The current tax regime already soaks the rich.  You can play all the mental gymnastics you want, but you can\u2019t change the facts."}
{"_id": "212351", "title": "", "text": "Call them ask for a delay on your $25 per week fee and send them a check and a written letter saying to close the account once the balance to zero.   If they deny your delay of $25 per week fee, send them a express package by Fedex, DHL or the post office.  That should run about $25, so in comparison to the fee its like paying one week. Be sure to close your account and be clear on how to do so from overseas."}
{"_id": "212363", "title": "", "text": "You should think of Required Rate of Return in your own terms.   Say a friend tells you that he will give you $ to stand in line and get him tickets to your schools football game. The line is on average two hours long and you DIDN'T plan on going to the game, so you are going out of your way for him. What is the minimum dollar value that you would charge him to stand in line for him? What price would make standing in line worth it?"}
{"_id": "212367", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/08/07/Cyber-Risk-Market-Failures-and-Financial-Stability-45104) reduced by 61%. (I'm a bot) ***** &gt; Risk awareness has been increasing, firms actively manage cyber risk and invest in cybersecurity, and to some extent transfer and pool their risks through cyber liability insurance policies.  &gt; This paper considers the properties of cyber risk, discusses why the private market can fail to provide the socially optimal level of cybersecurity, and explore how systemic cyber risk interacts with other financial stability risks.  &gt; The paper concludes discussing policy measures that can increase the resilience of the financial system to systemic cyber risk.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s97db/imfcyber_risk_market_failures_and_financial/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~185649 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Risk**^#1 **cyber**^#2 **paper**^#3 **IMF**^#4 **financial**^#5\""}
{"_id": "212384", "title": "", "text": "You can try manager.io.   It has a desktop, cloud and server edition that should fit your needs."}
{"_id": "212390", "title": "", "text": "\"If you are interested in a career in algorithmic trading, I strongly encourage you to formally study math and computer science.  Algorithmic trading firms have no need for employees with financial knowledge; if they did, they'd just be called \"\"trading\"\" firms.  Rather, they need experts in machine learning, statistical modeling, and computer science in general. Of course there are other avenues of employment at an algorithmic trading firm, such as accounting, clearing, exchange relations, etc.  If that's the sort of thing you're interested in, again you'll probably want a formal education in those areas as opposed to just reading about finance in the news. If you edit your question or add a comment below with information about your particular background, I could perhaps advise you in a bit more detail. ::edit:: Given your comment, I would say you have a fine academic background for the industry.  When hiring mathematicians, firms care most about the ease with which you can explore and extract features from massive datasets (especially time series) regardless of what the dataset might represent.  An intelligent firm will not care whether you arrive at their doorstep with zero finance knowledge; they will want to teach you everything from scratch anyway. Nonetheless, some domain knowledge could be helpful, but you're not going to get \"\"more\"\" of it from reading any mass market news source, whether you have to pay for it or not.  That's because  Some non-mass-market news sources in the industry are  These are subscription-only and actually discuss real information that real professional investors care about.  They are loaded with industry jargon, they're extremely opinionated, and (in my opinion) they're useless.  I can't imagine trying to learn about the industry from them, but if you want to spend money for news in order to be exposed to the innards of the industry, then either of these is far better than the Financial Times.  Despite requiring a subscription, the Financial Times still does not cover the technical details of professional trading. Instead of trying to learn from news, then, I would suggest some old favorites: and, above all else, Read everything in the navigation box on the right side under Financial Markets and Financial Instruments.\""}
{"_id": "212394", "title": "", "text": "\"I'll try to answer using your original example.  First, let me restate your assumptions, slightly modified: The mutual fund has: Note that I say the \"\"mutual fund has\"\" those gains and losses. That's because they occur inside the mutual fund and not directly to you as a shareholder. I use \"\"realized\"\" gains and losses because the only gains and losses handled this way are those causes by actual asset (stock) sales within the fund (as directed by fund management).  Changes in the value of fund holdings that are not sold are not included in this. As a holder of the fund, you learn the values of X, Y, and Z after the end of the year when the fund management reports the values.  For gains, you will also typically see the values reported on your 1099-DIV under \"\"capital gains distributions\"\".  For example, your 1099-DIV for year 3 will have the value Z for capital gains (besides reporting any ordinary dividends in another box).   Your year 1 1099 will have $0 \"\"capital gains distributions\"\" shown because of the rule you highlighted in bold: net realized losses are not distributed.  This capital loss however can later be used to the mutual fund holder's tax advantage.  The fund's internal accounting carries forward the loss, and uses it to offset later realized gains.  Thus your year 2 1099 will have a capital gain distribution of (Y-X), not Y, thus recognizing the loss which occurred. Thus the loss is taken into account.  Note that for capital gains you, the holder, pay no tax in year 1, pay tax in year 2 on Y-X, and pay tax in year 3 on Z. All the above is the way it works whether or not you sell the shares immediately after the end of year 3 or you hold the shares for many more years.  Whenever you do sell the shares, you will have a gain or loss, but that is different from the fund's realized losses we have been talking about (X, Y, and Z).\""}
{"_id": "212402", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Weekly Stock Market Review](https://www.reddit.com/r/talkbusiness/comments/79y9iv/weekly_stock_market_review/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "212422", "title": "", "text": "I'm not incredibly savvy on the Indian market but I'm not sure if their electric grid is up to that from what I do know. Where as Diesel is insanely easy to transport...   Not sure if this is news or Politics speaking out of turn. Someone local would have to weigh in on that."}
{"_id": "212426", "title": "", "text": "&gt; And here is an example that I am sure you will be thrilled about: eminent domain. It almost always sucks for the land owner, but if done right can benefit society at large greatly.  Eminent domain is unnecessary to build roads and other infrastructure.  You are willing to participate in an unethical act just because it is convenient to a powerful few?"}
{"_id": "212434", "title": "", "text": "I dont use it yet, but i am building a custom app to run our event staffing business (none of the off the ahelf stuff makes us happy), and we want the option to be able to blast a text to our people when needed, and also to allow them to opt into sms notifications. So i will be building that in.   since you asked for feedback, at 3 cents a text you will get no business. That is 4-5 times the going rate of providers like twillio and aws. The only way you add value is if you offer a small free tier (say 200 sms/month for free) or if you make it super easy for the customer. What i mean by that is, to use twillio or aws requures some development chops - ie, you have to connect to their api. Well, tons of business owners do t even know what that is, so if your service allows some non technical retail owner to collect a list of numbers, dump it into a simple box online (and save for later use) and then format a msg and click send, all from a clean browser experience, that would add value. But i also say that having done zero market research, who knows, such a service may exist already.  Anyways, curious what you thought someone would pay 3 cents a msg for?  Also, if you haven't yet, you should be looking at all of Amazons cloud offerings. If you are building anything technical, look at their Lambda product. It allows super cheap, serverless functions; basically you write the app, call it, and only pay for the time it runs. On demand, highly scalable, and you dont have to maintain a pricey server that might sit idle for houra at a time."}
{"_id": "212450", "title": "", "text": "The mental approach should be that you always knew the risk of gambling and it was extra money that you had (or should have had). Now think that the 'horse' race is not over and in the near future it will pick up pace against the others and be back on track."}
{"_id": "212464", "title": "", "text": "Yes, there is indeed a great alternative for all European residents: getting a Revolut account. Revolut is a fully-online bank who's main benefits include the lack of fees (with some limits) and a great exchange rate for all currency operations (better than what you would get at any brick and mortar bank in Europe). In your particular scenario it would work as following: This is what I personally use to handle a salary in EUR while living in Czech Republic. Things might change in the future once they run out of investor money, but for now it's the only solution I know for converting currencies without a loss."}
{"_id": "212470", "title": "", "text": "A 15% discount does not necessarily mean it is a good investment.  The stock price can go down at any point. 15% discount might mean you are getting a little better deal than the average cat."}
{"_id": "212471", "title": "", "text": "Interesting, I know a fair few doctors and lawyers (heck my fiance is a doctor) and it's not that common to earn more than $300k at 30 years old. Maybe it's more common at 50+? I know for doctors it's all dependent on your specialty, for example it's pretty common for surgeons to earn more than $300k but not so much for specialists in other fields such as palliative care or general practitioners. Then again I don't live in America so maybe it's different there."}
{"_id": "212475", "title": "", "text": "\"Look up DCA. There are tons of drugs that are established, but not legal for off-label uses where they are more effective than new medicines. In fact, there was a recent article on reddit about how most new drugs are less effective than their own error margins. (i.e. 2% reduction in \"\"x\"\" with a 3% margin of error)\""}
{"_id": "212481", "title": "", "text": "depends IB is a huge area, are they quant traders, portfolio construction researchers, ML researchers, data engineers,analysts, software engineers?  One year in $150k is unlikely however if a trader, quant trader or quant researcher, software engineer certainly possible. $1m by 30 good luck I own a recruitment business for IB's, HF's, its not common to earn $1m at a bank, certainly not these days, buyside again very difficult but more likely.   I work with directors/MD's predominantly and Barclays for sure will not pay that by there 30, they have some MD's on million dollar sums but they are not common. They have a hell of a long road before they get there, at Barclays he could be canned in 2 years regardless of his performance.  Citi VP's are capped at $180k base if you perform exceptionally matching bonus realistically between 30-50%of base, though this can vary.  Depending on the role typically goes like this: associate - 2 or 3 years, then VP 3- 5 years, director 7-10 years MD 12-15 years + depending on area, role, bank you join. Each area is different.  If you go into finance research your area it's highly competitive, if you cannot explain your enthusiasm for finance and why you want to do it beside money you will find it hard.  School is not that important JP hires shit tonnes from Baruch and Lafayette College its about your GPA. Learn to code Python, KDB+/Q, C++ and Matlab are decent languages that are universally used.  EDIT - Citi also pay higher than Barclays generally across the board."}
{"_id": "212511", "title": "", "text": "At this point, completely useless. In the beginning it was useful to get my foot in the door.   I still do the odd excel macro to automate some kind of analysis or valuation I do, but its like .. twice a year.  So not very useful at this point.  But I'd say that university taught me how to *learn* so its not as much about what i learned, but the process of learning how to learn effectively. Without that I wouldnt have been able to do the CFA, or learn anything else that I had to in order to get here."}
{"_id": "212540", "title": "", "text": "\"So, you have $100k to invest, want a low-maintenance investment, and personal finance bores you to death. Oooohhh, investment companies are gonna love you.  You'll hand them a wad of cash, and more or less say \"\"do what you want.\"\"  You're making someone's day.  (Just probably not yours.) Mutual fund companies make money off of you regardless of whether you make money or not.  They don't care one bit how carefully you look at your investments.  As long as the money is in their hands, they get their fee. If I had that much cash, I'd be looking around for a couple of distressed homes in good neighborhoods to buy as rentals.  I could put down payments on two of them, lock in fixed 30-year mortgages at 4% (do you realize how stupid low that is?) and plop tenants in there.  Lots of tax write-offs, cash flow, the works.  It's a 10% return if you learn about it and do it correctly. Or, there have been a number of really great websites that were sold on Flippa.com that ran into five figures.  You could probably pay those back in a year.  But that requires some knowledge, too. Anything worthwhile requires learning, maintenance and effort. You'll have to research stocks, mutual funds, bonds, anything, if you want a better than average chance of getting worthwhile returns (that is, something that beats inflation, which savings accounts and CDs are unlikely to do).  There is no magic bullet.  If someone does manage to find a magic bullet, what happens?  Everyone piles on, drives the price up, and the return goes down. Your thing might not be real estate, but what is your thing?  What excites you (i.e., doesn't bore you to death)? There are lots of investments out there, but you'll get out of it what you put into it.\""}
{"_id": "212544", "title": "", "text": "There is A LOT of dross issuing from the Forbes blogosphere. Some Forbes content remains high quality. But those Forbes sites are like low-rent outbuildings. I feel sad whenever I notice that a Forbes writer who is a good journalist has been sent there."}
{"_id": "212558", "title": "", "text": "Good question!  In part, it's just a way of indicating how much we appreciate your time.  Typically institutional review boards want to see some kind of of incentive to participants to approve a study.  In a best case scenario (max accuracy) it works out to about $40/hr - not bad!  And, generally, it's standard practice with these kind of accuracy based studies to have some payoff that increases with accuracy."}
{"_id": "212563", "title": "", "text": "At an income of $95K you are on the edge of qualify for $500,000 mortgage (once you have a down payment).   Yes the fastest way to qualify for a $500,000 condo is to save for a down payment.  I am suggesting that might not be the best long term financial plan.  You are only going to qualify for a 30 year term.  You still have a student loan where interest is not tax deductible.   You have put you yourself in a long term debt position and if you lose your job a potential cash flow problem with a risk of losing the condo.   Since you are living at home I would go after that student debt.  Looks like you could pay it off in like a year.  I don't know prices in you area but maybe go in at less than $500,000 for your first home."}
{"_id": "212565", "title": "", "text": "True. Pat Quinn tried hard and got no where....and Rauner is having the same issue. This isn't going to be fixed by a governor, it needs proper leadership within the ILGA. Or, stating as a Democratic voter myself, there needs to be more Republicans in the ILGA."}
{"_id": "212568", "title": "", "text": "\"Here are the issues, as I see them - It's not that I don't trust banks, but I just feel like throwing all   of our money into intangible investments is unwise. Banks have virtually nothing to do with this. And intangible assets has a different meaning than you assume. You don't have to like the market, but try to understand it, and dislike it for a good reason. (Which I won't offer here). Do your 401(k) accounts offer company match? When people start with \"\"we'd like to reduce our deposits\"\" that's the first thing we need to know. Last - you plan to gain \"\"a few hundred dollars a month.\"\" I bet it's closer to zero or a loss. I'll return to edit, we have recent posts here that reviewed the expenses to consider, and I'd bet that if you review the numbers, you've ignored some of them. \"\"A few hundred\"\" - say it's $300. Or $4000/yr. It would take far less work and risk to simply save $100K in your retirement accounts to produce this sum each year.  The investment may very well be excellent. I'm just offering the flip side, things you might have missed.   Edit - please read the discussion at How much more than my mortgage should I charge for rent? The answers offer a good look at the list of expenses you need to consider. In my opinion, this is one of the most important things. I've seen too many new RE investors \"\"forget\"\" about so many expenses, a projected monthly income reverts to annual losses.\""}
{"_id": "212572", "title": "", "text": "This is a good example of why it's in the public interest to prevent companies like Apple and Google from both hoarding cash and using it to payback investors, rather than use it for R&amp;D and capital improvements. While the mechanism can be argued, we need a way to prevent this accumulation of wealth from sitting idle, or remain with a select few."}
{"_id": "212579", "title": "", "text": "AdrianaJewelry is specialized in all types of personalized jewelry for women and men. So we are glad to showcase an excellent selection of personalized jewelry as well. Hearts are popular in jewelry. The Gold heart necklace is beautifully expressive and is often used as Valentine's day gifts of love. But the heart shape symbolizes a great deal more than a once a year holiday. It is a time-honored expression of love and devotion."}
{"_id": "212589", "title": "", "text": "One point that I don't see covered in the other answers yet: How does this affect the months that have 5 weeks. Do we actually lose two weeks a year? I get paid every two weeks, and pay day is always a Friday.  Some months, I get paid 3 times - which is always great.  If you live within your means, it's like an extra paycheck.  All other months, I get paid two times.  How many months a year do I get paid 3 times? 2.  It will always be two, because there are 12 months.  If you get paid twice a month, that's 24 pay checks, which is 2 shy of 26 pay checks - what we would expect if we were paid every two weeks.  That means those 2 extra pay checks need to fall somewhere, and they will be on the months where your pay day is hit 5 times.  For example, in 2014, there are 4 months with 5 Fridays: Jan May Aug Oct  I got paid the second Friday of January, so I only got 2 checks in January.  I will be paid on the first Friday of May, which means I will get 3 checks in May.  My other triple-check month this year is October, so of course I am only going to be paid twice in August."}
{"_id": "212624", "title": "", "text": "Well no because the auto dealers aren't on the hook are they, they've offloaded the loans onto some investment vehicle somewhere out in the ether.       Let's be clear this all nets a massive loss. The car has already depreciated by 50% of the retail value, plus you have the costs of recovery and the margin of the guy who's going to re-sell it. And what did you gain? You squeezed a fraction of the price of the car out of the lender who was making minimum repayments before he defaulted.      The upshot is that *someone* just bought a lot of cars that are now worth less than what they paid for them. Who's going to take the hit, Wells and Fargo?"}
{"_id": "212628", "title": "", "text": "\"Don't set mental anchor points. I am saying this as a total hypocrite, mind you, it isn't easy to follow that advice. My suggestion would be to look at each investment and ask yourself, \"\"Would I buy that at today's price?\"\", because if you wouldn't you need to sell regardless of whether you are cashing out. Effectively by staying in an investment you no longer believe in, you are giving up the opportunity cost of investing that money in something with a real chance to  give you a return, or in your case whatever purpose you have in mind for the cash.\""}
{"_id": "212661", "title": "", "text": "Square is a company. They need to detail as part of their corporate taxes all of their expenses. The money they collected for you, and sent to you, is not income for themselves. Their tax form included the amount of money they sent you, along with either your Social Security Number of corporate tax id. The IRS computers match the information regarding expenses to the information regarding income. In this case the expense listed by Square didn't match-up with a line of your tax forms for that year. The IRS now sees that as unreported income. If you didn't tell them about other expenses you had, they can only assume your expenses were zero.  Congratulations you have a business. Unfortunately the Federal, state and local governments now will want to know about your business. You may have to fill out multiple years worth of tax forms and other required forms. Yes, you should getting professional accounting and tax help."}
{"_id": "212673", "title": "", "text": "\"the mortgage interest deduction alone couldn't make this work, but if you realize less income by living off the mortgage funds, then it could definitely reduce your taxes by much more than the cost of the mortgage interest.  particularly, if you are waiting for some future cut-off date (e.g. turning 59.5 and getting access to roth funds, turning 70 and getting social security, simply doing a roth conversion with strategic recharacterization at age 40 and waiting 5 years to get the money out penalty-free, etc.).  and that future date could be quite far off if you only use a small fraction of the total mortgage each year. plus, it is fairly reasonable to assume that equity market returns will outpace mortgage rates, especially if you are \"\"rich\"\" and don't need to worry about living on the street even if the market hits unprecedented lows.  while i find most financial advisers to be incompetent (most people really...), i wouldn't write this guy off, just because he left out the specific details that made the strategy work for one particular client.\""}
{"_id": "212685", "title": "", "text": "At any point of time, buyer wants to purchase a stock at lesser price and seller wants to sell the stock at a higher price.  Let's consider this scenario  Company XYZ is trading at 100$, as stated above buyer wants to purchase at lower price and seller at higher price, this information will be available in Market depth, let's consider there are 5 buyers and 5 sellers, below are the details of their orders Buyers List Sellers List Highest order in buyers list will contain the bid price and bid quantity, Lowest order in Sellers list will contain the offer price and offer quantity. Now, if I want to buy 50 Stocks of company XYZ, need to place an order first, it can be either limit or Market. Limit Order : In this order, I will mention the price(buy price) at which I wish to buy, if there is any seller selling the stock less than or equal to price I have mentioned, then the order will be executed else it will be added to buyers list Market Order : In this order, I will not mention the price, if I wish to purchase 50 Stocks, then it will find the lowest offer price and buy stocks, in our case it will be 101. if I wish to purchase 200 Stocks, then it will find the lowest offer price and buy stocks, in our case it will be 2 transactions, since entire request cannot be accommodated in single order Usually the volume(Ask Volume and Offer Volume) being displayed are all Limit orders and not Market orders, Market orders are executed immediately. This is just an example, However several transactions are executed within a second, hence we will get to know the exact value only after the order is completed(executed)"}
{"_id": "212687", "title": "", "text": "you need minimum of 25k otherwise youll reach a limit. you have to wait 3 days for the sale to clear unless youre on margin. dont buy anything based on idiots on twitter or the internet. however, theres some good people to follow though that know what theyre doing.  dont listen to this guy saying that etrade or those platforms arent fast enough. they all offer level 2 prices so i dont know what hes talking about. successful day traders arent buying and selling a stock every single day. theres not always something to buy and sell...unless youre just gambling, and in that case just go to the casino and lose your money there."}
{"_id": "212713", "title": "", "text": "This varies by jurisdiction somewhat but speaking as a Canadian, a small business owner, and accountant (unregistered but some courses and accounting for multiple businesses) this is the answer if you were in Canada. In Canada the cheque cashing limit is 6 months. Therefor any bank will refuse to cash this cheque.  It would be totally morally and legally acceptable to ask for a replacement cheque from your employer. In Canada they would generally have no problem issuing a replacement; in other jurisdictions with differing time limits they might want to cancel the original cheque first."}
{"_id": "212730", "title": "", "text": "The way it actually works is that low-but-steady inflation (ie: printing of new dollars without any debt behind them) keeps the debts serviceable.  In real life, unfortunately, too little of the money supply is printed rather than lent into existence."}
{"_id": "212732", "title": "", "text": "The people who bought when interest rates were higher, do they get anything out of it? The present value just went up of their Bonds just went up, but it probably evened out to the 3% they were going to get right? Do they make more money selling the bond now, or holding on to it till maturity in PV terms?"}
{"_id": "212765", "title": "", "text": "Well, we work in the power markets. It might be overkill, but several have PhD although there have been a few with masters or CFA charter. The Risk Operations group is less theoretical and a bit less stringent. I know the society of actuaries has a Chartered Enterprise Risk Analyst credential that might be useful."}
{"_id": "212767", "title": "", "text": "True.  My wife is in banking, and typically it is the poorest of the poor that live in the negative and pay all the overdraft fees.  She has one guy that earns just enough to bring him back positive, and then he pulls out all his overdraft allowance and starts the cycle all over again."}
{"_id": "212770", "title": "", "text": "Ielts British Council is the best company in the world for IELTS  certification. We provide ielts certification service all over the world. We also provide the international work permit. If you want to Indian ielts certificates, then you can visit our company website and Buy indian ielts certificates. We  provide the original certificates for those, who for one reason or the other are unable to take the test"}
{"_id": "212783", "title": "", "text": "\"Federal taxes are generally lower in Canada.  Canada's top federal income tax rate is 29%; the US rate is 35% and will go to 39.6% when Bush tax cuts expire.  The healthcare surcharge will kick in in a few years, pushing the top bracket by a few more points and over 40%. State/provincial taxes are lower in the US.  You may end up in the 12% bracket in New York City or around 10% in California or other \"\"bad\"\" income-tax states.  But Alberta is considered a tax haven in Canada and has a 10% flat tax.  Ontario's top rate is about 11%, but there are surtaxes that can push the effective rate to about 17%. Investment income taxes: Canada wins, narrowly.  Income from capital gains counts as half, so if you're very rich and live in Ontario, your rate is about 23% and less than that in Alberta.  The only way to match or beat this deal in the US in the long term is to live in a no-income-tax state.  Dividends are taxed at rates somewhere between capital gains and ordinary income - not as good a deal as Bush's 15% rate on preferred dividends, but that 15% rate will probably expire soon. Sales taxes: US wins, but the gap is closing.  Canada has a national VAT-like tax, called GST and its rate came down from 7% to 5% when Harper became the Prime Minister.  Provinces have sales taxes on top of that, in the range of 7-8% (but Alberta has no sales tax).  Some provinces \"\"harmonized\"\" their sales taxes with the GST and charge a single rate, e.g. Ontario has a harmonized sales tax (HST) of 13% (5+8).  13% is of course a worse rate than the 6-8% charged by most states, but then some states and counties already charge 10% and the rates have been going up in each recession. Payroll taxes: much lower in Canada.  Canadian employees' CPP and EI deductions have a low threshold and top out at about $3,000.  Americans' 7.65% FICA rate applies to even $100K, resulting in a tax of $7,650. Property taxes: too dependent on the location, hard to tell. Tax benefits for retirement savings: Canada.  If you work in the US and don't have a 401(k), you get a really bad deal: your retirement is underfunded and you're stuck with a higher tax bill, because you can't get the deduction.  In Canada, if you don't have an RRSP at work, you take the money to the financial company of your choice, invest it there, and take the deduction on your taxes.  If you don't like the investment options in your 401(k), you're stuck with them.  If you don't like them in your RRSP, contribute the minimum to get the match and put the rest of the money into your individual RRSP; you still get the same deduction.  Annual 401(k) contribution limits are use-it-or-lose-it, while unused RRSP limits and deductions can be carried forward and used when you need to jump tax brackets.  Canada used to lack an answer to Roth IRAs, but the introduction of TFSAs took care of that. Mortgage interest deduction: US wins here as mortgage interest is not deductible in Canada. Marriage penalty: US wins.  Canadian tax returns are of single or married-filing-separately type.  So if you have one working spouse in the family or a big disparity between spouses' incomes, you can save money by filing a joint return.  But such option is not available in Canada (there are ways to transfer some income between spouses and fund spousal retirement accounts, but if the income disparity is big, that won't be enough). Higher education: cheaper in Canada. This is not a tax item, but it's a big expense for many families and something the government can do about with your tax dollars. To sum it up, you may face higher or lower or about the same taxes after moving from US to Canada, depending on your circumstances.  Another message here is that the high-tax, socialist, investment-unfriendly Canada is mostly a convenient myth.\""}
{"_id": "212786", "title": "", "text": "\"Yes, that's right; in the end, tax is charged on the total of your income in a tax year. PAYE on employment income is just a way of making incremental payments throughout the year. Note that tax rates are marginal rates applying to bands of salary, not the entire salary. But as your employment salary would be already over the 40% threshold (\u00a345,000 for 2017/8), the entire \"\"extra\"\" from self-employment would indeed be taxed at 40%. Note that you'll also owe National Insurance contributions. In general if your employed income is over the higher-rate tax threshold, it should be 2% Class 4 NICs on the self-employment income. However, due to various complications in the way the system works, you might be initially charged more than that and and explicitly claim the excess back from HMRC. It might also be less if your earnings are below or only slightly above the \"\"Lower Profits Limit\"\".  You still get to keep 58%, only you can decide whether that is worth your time or not.\""}
{"_id": "212788", "title": "", "text": "The question is about the US but to add the European perspective: The rule over here (I only know German law, but assume it's the same for all of the Euro area) is that you need more than half of the bill or you have to be able to prove that more than half of the bill was destroyed (good luck) in order to get it replaced. Deformed coins can also be replaced. But all only as long as you didn't break it on purpose. So giving half of the bill to the cab driver would be on purpose and (if the central bank knows about it) make the bill (or coin) invalid. German information: https://www.bundesbank.de/Navigation/DE/Aufgaben/Bargeld/Beschaedigtes_Geld/beschaedigtes_geld.html"}
{"_id": "212801", "title": "", "text": "&gt; You don't see effects of monetary and fiscal policies in the first months or in rare cases even years.  The debt went up sharply in the first months of Obama's presidency. Check it.  The debt went down a bit under Trump and it's impossible that it has nothing to do with his actions.  Once Trump implement his actions, which I support, you will see SHARP decline in the debt."}
{"_id": "212810", "title": "", "text": "Of course, it is a scam.  Regardless of how the scam might work, you already know that the person on the other end is lying, and you also know that people in trouble don't contact perfect strangers out of the blue by e-mail for help, nor do they call up random phone numbers looking for help. Scammers prey on the gullibility, greed, and sometimes generosity of the victims. As to how this scam works, the money that the scammer would be depositing into your father's account is not real.  However, it will take the bank a few days to figure that out.  In the mean time, your father will be sending out real money back to the scammer.  When the bank figures out what is going on, they will want your father to pay back this money."}
{"_id": "212817", "title": "", "text": "For the best in Italian polished plaster, choose only Stucco Veneziano. We are a brand that was set up in 2010 to complement our immensely popular product line, Giorgio Graesan &amp; Friends. We offer the finest products from our brand across Europe and the UK."}
{"_id": "212827", "title": "", "text": "\"I expect that the loan documents show both you and your ex-partner as \"\"jointly and severally liable\"\" for the debt, and thus you're both responsible for it.  It doesn't really matter what other paperwork you have that says otherwise or what other promises might have been made.  Certainly, the other agreements give you legal ground to go after your ex-partner for the money, but they give you no leverage with the bank. If you end up paying this debt off to save your credit, you need to make sure that the account is closed.  Make sure you have paperwork showing it as closed, and showing that it was paid in full, and then keep that paperwork forever. Re #1: I think it will eventually show up on your credit report.  You could ask the bank for proof that you owe the money, if you like, but that will probably just delay the inevitable. Re #2: His bankruptcy filing really has no bearing on you and your obligation to repay the loan.  If he didn't list this debt, then he is still liable for it as well (and you can still go after him under your other agreements).  But either way, you're still on the debt.\""}
{"_id": "212831", "title": "", "text": "Read the game of numbers by nick Murray.  You have to find money to call yourself a money manager and most of the job is sales. You won't stay in business if you're bad at managing it, but step #1 is finding something to manage.  Hani"}
{"_id": "212833", "title": "", "text": "Only within 60 days of the withdrawal."}
{"_id": "212850", "title": "", "text": "Price point I'd guess.  You can buy 2-3 lesser tablets for the price of the arguably pretty Impressive Pro 2 and/or Pro 3.   Full discolsure I have a Pro 2, I love it, but that's just because I hate the idea of having an oversized phone instead of an actual computer."}
{"_id": "212851", "title": "", "text": "This sort of open data about government budgets and finances is sometimes referred to as Government 2.0, or Gov 2.0.  There are many countries who have their own open data websites. Several super-national entities also have open data about government expenditures available to the public. They aggregate information from multiple countries. The United Nations, the European Union and the World Bank are all reliable sources of open data, compiled on one website. Here's a list of some of the major open data government websites: U.S.A. Main open data site Data catalog How to access Open Data  United Nations Data catalog  European Union Open Data portal"}
{"_id": "212865", "title": "", "text": "The mortgage crisis really became a crisis because of these marginally qualified borrowers. They put their 3% down, maxed out their available debt, then the economy turned, so they lost their jobs. Worse yet, they couldn't sell out because their houses were worth less than what they owed on the mortgage. Until the banks started allowing short sales there was nothing to do but lose their savings, get forclosed, and watch their credit rating get destroyed."}
{"_id": "212866", "title": "", "text": "From the IMF paper: &gt; This ability to generate and live with zero steady state in\ufb02ation is an important result, because it answers the somewhat confused claim of opponents of an exclusive government monopoly on money issuance, namely that such a monetary system would be highly in\ufb02ationary. There is nothing in our theoretical framework to support this claim. And as discussed in Section II, there is very little in the monetary history of ancient societies and Western nations to support it either.  I suppose the extensive literature on the relationship between central bank independence and inflation is to be ignored then?"}
{"_id": "212871", "title": "", "text": "I don't believe I said anything about the stock market going down, which happens regularly.  It's not like municipal bond markets crash very often\u2014once every few generations, maybe. So her being off by a couple years would be insignificant.  Not saying I think it's going to happen. I'm just posing the question. If the municipal bond markets crashed within the next year, she would be vindicated."}
{"_id": "212883", "title": "", "text": "The negative effects of multiple hard inquiries in a short span of time don't stack, they're treated as a single inquiry (and inquiries aren't *that* bad anyway, the only ding you by a few points).  The bigger problem here is the **other** reason your bank gave you - Too many overdrawn accounts.  If you don't believe you currently have any overdrawn accounts, you need to pull your credit report *now* and make sure it's accurate.  Maybe there's a mistake on your credit, maybe you're a victim of identity theft.  That said, 1.5 years isn't really very long in credit terms for managing to keep your record clean, so maybe your credit just needs a few more years to heal.  But *definitely* pull your credit report to rule out the worst possibilities."}
{"_id": "212911", "title": "", "text": "McDonald's doesn't do it because no one would shop there if they treated their successful customers as piggy banks. Their model would fail without a captive audience instead of voluntary customers. The only reason why the state can get away with it is because they somehow convinced people that they know better and should be allowed to force others to bend to their will. McDonald's doesn't need to force customers to shop there because they offer products people are willing to pay for without threats and intimidation. No need for doctrine."}
{"_id": "212928", "title": "", "text": "Big pharma lobbyists don't make final decisions on whether an Epipen generic gets approved.  The FDA does.  Keep your eye on the ball.  Unless you think the FDA is so useless that their decisions are entirely based on big pharma lobbyists?  That's an even bigger reason for abolishing the whole organization, isn't it?"}
{"_id": "212952", "title": "", "text": "\"There are also millions moreunemployed and millions of homeless because of lost jobs, There are far fewer \"\"real\"\" jobs and far more people looking for them than 4-5years ago, the companies who use part time workers are doing it to increase their bottom line and know that there are far fewer jobs than people looking for them, so they feel free to abuse staff.\""}
{"_id": "212956", "title": "", "text": "Yes this! Unions are what ruined the German economy and put them at the bottom of the list of world manufacturers. They are bleeding so many jobs to China  and south east Asia experts are predicting they won't have any manufacturing sector jobs left within the year. This is going to exacerbate Germany's already sky high unemployment rate and god knows how they are going to pay off their enormous national debt.  On another point I just don't understand how we allow police and fire unions as they don't make those jobs any safer and just end up costing the tax payers more money. If it weren't for them we could pay our police and fire fighters minimum wages. That would equate to about a hundred dollars in tax savings for each and every property owner in a municipality.  Furthermore the rights of the workers are best represented by their employers and not an expensive, corrupt union. You can clearly see the efficiency with which large employers like Flour Daniels takes care of their non-union employees. Sure the non-union people have a much higher medical debt load, less home ownership and more frequent bankruptcies due to unpaid medical debt but that is not without its advantages."}
{"_id": "212958", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.latimes.com/projects/la-fi-farm-mechanization/#nt=oft12aH-1la1) reduced by 94%. (I'm a bot) ***** &gt; California will have to remake its fields like it did its factories, with more machines and better-educated workers to labor beside them, or risk losing entire crops, economists say.  &gt; When labor shortages and price shocks hit in the early 2000s, growers altered vineyards so that machines could shake partially withered Thompson seedless grapes onto paper trays, a method that can slash more than 80% of labor costs, according to U.C. Davis researchers.  &gt; To prove his point, Antle ran the old machine, which required three times the workers, on a nearby celery field.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6p949g/as_californias_labor_shortage_grows_farmers_race/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~174356 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **machine**^#1 **labor**^#2 **work**^#3 **more**^#4 **head**^#5\""}
{"_id": "212960", "title": "", "text": "Technically, no. Only if used for improvement or expansion to the original property."}
{"_id": "212970", "title": "", "text": "It's a regular savings account and I don't think there is a 'catch'. Just keep in mind that the transfer to and from the account can take a couple of days (yes, I've actually got one of their savings accounts)."}
{"_id": "212975", "title": "", "text": "Well, people have been saying interest rates have to go up for years now and have been wrong so far.  Also there is an opportunity cost in waiting to buy - if another five years passes with nothing happen, you earn 0% on checking accounts, but at least earn 1.65% per year or so on your 10y bond."}
{"_id": "212977", "title": "", "text": "\"So true. We used to go to there all the time to watch MMA events and big hockey / football games. Now, we have a couple \"\"corner pubs\"\" and settle in for the night. No more $80 tabs for shit wings and draft beer.\""}
{"_id": "212981", "title": "", "text": "Excellent, very sharp. No it will not be vega neutral exactly! If you think about it, what does a higher vol imply? That the delta of the option is higher than under BS model. Therefore, the vega should also be greater (simplistic explanation but generally accurate). So no, if you trade a 25-delta risky in equal size per leg, the vega will not be neutral. But, in reality, that is a very small portion of your risk. It plays a part, but in general the vanna position dominates by many many multiples.  What do you do that you asked such a question, if you don't mind?"}
{"_id": "212983", "title": "", "text": "Find local small business or real estate  networking events, ask to attend as a guest and introduce yourself to everyone. Ask about them first, ask a follow up question or two, and then tell them you help achieve a result of some kind. (Did you know houses sell x times quicker with Ariel footage?).  Check meetup.com to get started."}
{"_id": "212988", "title": "", "text": "\"One way to value companies is to use a Dividend discount model. In substance, it consists in estimating future dividends and calculating their present value. So it is a methodology which considers that an equity is similar to a bond and estimates its current value based on future cash flows. A company may not be paying dividends now, but because its future earnings prospects are good may pay some in the future. In that case the DDM model will give a non-zero value to that stock. If on the other hand you think a company won't ever make any profits and therefore never pay any dividends, then it's probably worth 0! Take Microsoft as an example - it currently pays ~3% dividend per annum. The stock has been listed since 1986 and yet it did not pay any dividends until 2003. But the stock has been rising regularly since the beginning because people had \"\"priced in\"\" the fact that there was a high chance that the company would become very profitable - which proved true in the long term (+60,000% including dividends since the IPO!).\""}
{"_id": "213041", "title": "", "text": "So am I to understand that giving AAA ratings to financial instruments backed by toxic mortgages had nothing to do with this problem?  That selling mortgages with one hand and betting on those mortgages to fail with other is a reasonable business practice?    No doubt the push to give more poor people government backed loans exacerbated the problem, but making that claim that that was the only problem seems about as valid as claiming that Goldman Sachs was responsible for everything."}
{"_id": "213042", "title": "", "text": "\"Hah!  In so far as the financial sector isn't making money off the government, then I would say it is truly \"\"financed through the financial sector\"\".  The financial sector doesn't operate at a loss, which is what you are suggesting here.  They aren't paying the government to have roads and power and plumbing and water, etc.    The financial sector is paying because they make more money back.  You want to admit who is paying to have roads and water and power and plumbing, etc?  Every person who gets a paycheck or owns a house is.  Not big money.  Ordinary people.  Taxes and Tariffs, and printing money pays for all of this.  We, the tax payer, aren't seeing a financial reimbursement for our expenses on these projects.  But Big Money is.  Our reimbursement is:  Roads, Power, plumbing, Police, Fire Departments.  Which means we are the consumers buying products.  Big Money is the middle man making bucks off the system.  Perhaps Big Money is necessary, but now it is out of control, and needs to be held accountable.\""}
{"_id": "213045", "title": "", "text": "It would be worthwhile reading into 'guarantor mortgages' or 'family offset mortgages' to achieve the same outcome. Ideally you are wanting the wealth of your parents to help make a mortgage more accessible to you. The first thought is to merely transfer money physically. However, for the reasons listed in the other posts, this carries potential problems. A guarantor mortgage will mean your parents agree to pay the portion about 75% LTV if you stop paying. You may take out a 95% LTV mortgage and therefore only have to find 5% deposit but benefit from the interest rates of a 75% loan. (Personally the chances of causing a family rift if things go pear-shaped would steer me away from this one. Each to their own though.) A family offset mortgage involves money rather than a guarantee. It will allow for the parents to dedicate some of their money to a third-party (ie. the bank or building society) so that you can achieve a mortgage. In practice, parents deposit money in a dedicated savings account. The bank adds that amount to whatever deposit you may have, and the combined amount is treated as the deposit towards the mortgage. Once your LTV reduces over time (by repayments and house value rises), your parents have their money returned and you carry on as normal. Here's an independent Which article: http://www.which.co.uk/money/mortgages-and-property/guides/first-time-buyer-mortgages/parent-mortgages/ I'd also read a couple of provider's pages to get a feel for the idea: https://www.barclays.co.uk/Mortgages/FamilySpringboardMortgage/P1242627640100 or http://www.scottishbs.co.uk/mortgages/guarantor-mortgage-for-first-time-buyers.html or http://www.mhbs.co.uk/family_deposit_mortgage_1_50_discount_for_term.aspx Not endorsements obviously, just a way to understand the concept and get a feel for the language they use. In short, using the money indirectly is much cleaner than your parents actually just giving you such a large sum and then you having to pay it back."}
{"_id": "213061", "title": "", "text": "Southwest Patrol Inc. is the leading security guard and patrol security company that covers all of Southern California with the best services for all of your security needs. Southwest Patrol Inc. offers an exceptional services at a very competitive prices. Click here at http://www.southwestpatrol.com/security-services/ for executive security guard patrol services in Southern California."}
{"_id": "213065", "title": "", "text": "They do. The $260 already accounts for fees, I just left that out as I didn't believe it necessary info for the question of how to solve for group B.   Edit : Oh, you mean accounting for the 1.5% interchange for group A? Yeah, I didn't do that. For group A we weren't given a number for monthly spend but we were told that they carry an average monthly balance of $3000."}
{"_id": "213066", "title": "", "text": "Other answers here cover some of the basics, but this is also a great time to start establishing a credit history and developing good financial habits to carry throughout your life. In addition to opening a free checking account with the local credit union, establish an overdraft line of credit on that account. Never close this account or this line of credit as it will work to increase the average age of your accounts when you apply for credit later in life. If you are disciplined with your use of credit cards, you may also want to apply for a low limit credit card through the same credit union for the same purpose as above. Never carry a balance on this card, but make minor purchases with it each month, never more than 20% of the balance, maybe just buy gas with it. Start tracking all of your spending and make a monthly budget. There are a lot of online tools that make this very easy. Establishing the habit now will help you make informed financial decisions in the future. Open a Roth IRA and put at least 10% of your money away for retirement. In the future your income may increase enough to put you in the 25% tax bracket. If that ever happens, open a Regular IRA and put the money there instead. Also when you have employers that offer 401k matching do the same thing with a Roth 401k account. Keep your money invested in a low cost index fund."}
{"_id": "213081", "title": "", "text": "This is so very much a scam.  The accepted answer already tells you the basics of it.  In addition to the cheque being fake, there is also the possibility that the cheque is a legitimate cheque but has been stolen (or swindled off) from somebody else.  In that case, the delay with which the cashing of the cheque will blow up can be considerably longer than the accepted answer states since it depends on the other victim noticing and reporting the fraudulent transfer. The end result is the same: you are not going to be allowed to keep the money. Report this to both your sister's bank as well as her local police.  Nothing good can come off this."}
{"_id": "213093", "title": "", "text": "Walmart treated its employees like shit for decades, they are just now starting to treat their employees slightly better because its hurting their business. They will piss on their employees just enough to not leave stains that their average customer will notice, and leave no mind to the lingering smell that the more well off customer might notice, but has no interest in shopping there anyways."}
{"_id": "213103", "title": "", "text": "\"So what is the implication of \"\"creating\"\" 12 loddars like that?  If enough loddars are created in such a way (basically as IOUs for IOUs, if I'm interpreting this correctly), will we have inflation?  What keeps this in check?  Is it credibility of whoever issues the promise for loddars?  And when those loddars are destroyed -- because of the wildfire or whatever -- is the individual that is \"\"owed\"\" them just screwed?  What is an example of this happening in the real world?  Would be if a company makes a promise of some payment, and it turns out that it can't be fulfilled?  That company would still \"\"owe\"\" that money to someone, right?  Sorry for the string of questions tacked on to your great post, but I feel as though you made a very illuminating point and then just stopped.  Thanks for taking the time to explain all of this.\""}
{"_id": "213111", "title": "", "text": "Idk man ties with no sport coat/blazer scream salesman to me. Just get a good fit going and you'll be fine.  Unless you're planning to wear a sports coat as well, which in that case go nuts lol"}
{"_id": "213118", "title": "", "text": "Search engine optimization is your window to be seen by the correct consumers at the right time, boost sales and breed success within the most organic approach possible. And that we are there to provide you these on-line services at a no-hassles flat rate pricing. It\u2019s imperative to grasp that each search engine\u2019s basic goal is to deliver solely valuable and relevant content to each search query. Therefore your search engine optimization strategy ought to be underlining this goal. Feel free to visit us at: https://www.flickr.com/photos/150783412@N05/35601607632/in/dateposted-public/ to understand our SEO strategy."}
{"_id": "213129", "title": "", "text": "The government?  It is the people who control the government; the very wealthy who make money when the rest of us are hurting. The very wealthy made money during the Great Depression and have been making it ever since. I was born in 1956 and when i entered the job market there was no job market.   Things haven't changed much except for the gap between those on the very top and the rest of us."}
{"_id": "213136", "title": "", "text": "\"Title is misleading.  The only \"\"here's how much difference they're actually making\"\" in the article is a single figure - \"\" x megatonnes of greenhouse gasses averted\"\".  Without anything to compare that too, it's a completely meaningless number for any non-expert.\""}
{"_id": "213154", "title": "", "text": "This is a really easy problem. If you're genuinely having trouble, maybe don't be a finance major? All you need to do is know the formulas for the ratios and plug in the variables. Simple and clean.  However, if you're lazy and trying to get free answers off of reddit, then you could have saved the time you took to post this question and actually do the problem. You probably would have gotten the answer all by yourself without much help."}
{"_id": "213159", "title": "", "text": "I feel this is best. Credit card is an immediate debt and you has the finds to wipe it out. the Student loans are a longer term debt and you have the money to pay it all off. So yes, pay cc, and keep loan on scheduled payments. Plus it helps your credit"}
{"_id": "213165", "title": "", "text": "So many answers here are missing the mark.  I have a $100k mortgage--because that isn't paid off, I can't buy a car?  That's really misguided logic. You have a reasonably large amount of college debt and didn't mention any other debt-- It's a really big deal what kind of debt this is.  Is it unsecured debt through a private lender? Is it a federal loan from the Department of Education? Let's assume the worst possible (reasonable) situation.  You lose your job and spend the next year plus looking for work.  This is the boat numerous people out of college are in (far far far FAR more than the unemployment rates indicate).  Federal loans have somewhat reasonable (indentured servitude, but I digress) repayment strategies; you can base the payment on your current income through income-based and income-continent repayment plans.  If you're through a private lender, they still expect payment.  In both cases--because the US hit students with ridiculous lending practices, your interest rates are likely 5-10% or even higher. Given your take-home income is quite large and I don't know exactly the cost of living where you live--you have to make some reasonable decisions.  You can afford a car note for basically any car you want.  What's the worst that happens if you can't afford the car?  They take it back. If you can afford to feed yourself, house yourself, pay your other monthly bills...you make so much more than the median income in the US that I really don't see any issues. What you should do is write out all your monthly costs and figure out how much unallocated money you have, but I'd imagine you have enough money coming in to finance any reasonable new or used car.  Keep in mind new will have much higher insurance and costs, but if you pick a good car your headaches besides that will be minimal."}
{"_id": "213168", "title": "", "text": "\"What is a 403b? A 403(b) plan is a tax-advantaged retirement savings plan available for public education organizations, some non-profit employers (only US Tax Code 501(c)(3) organizations), cooperative hospital service organizations and self-employed ministers in the United States. Kind of a rare thing. A bit more here: http://www.sec.gov/investor/pubs/teacheroptions.htm under investment options Equity Indexed Annuities are a special type of contract between you and an insurance company. During the accumulation period \u2014 when you make either a lump sum payment or a series of payments \u2014 the insurance company credits you with a return that is based on changes in an equity index, such as the S&P 500 Composite Stock Price Index. The insurance company typically guarantees a minimum return. Guaranteed minimum return rates vary. After the accumulation period, the insurance company will make periodic payments to you under the terms of your contract, unless you choose to receive your contract value in a lump sum. For more information, please see our \"\"Fast Answer\"\" on Equity Indexed Annuities, and read FINRA's investor alert entitled Equity-Indexed Annuitiies \u2014 A Complex Choice. So perhaps \"\"equity indexed annuities\"\" is the more correct thing to search for and not \"\"insurance funds\"\"?\""}
{"_id": "213178", "title": "", "text": "If the gift was stock that they have owned for years there can be one hitch: The basis of the stock doesn't reset when it is gifted. For example if grandparents have owned stock that is currently worth $10,000 today, but they bought it decades ago when it only cost them $1,000; then if the new owner sells it today they will have a gain of $9,000. The clock to determine short term/long term also doesn't reset; which is good. The basis needs to be determined now so that the gain  can be accurately calculated in the future. This information should be stored in a safe place. Gains for dividends are investment income and the rules regarding the kiddie tax need to be followed."}
{"_id": "213181", "title": "", "text": "Are you aware that you are not beholden to Walmart? Are you aware how much profit, not just revenue, but outright Walmart posts every year? Do you know how much of that profit goes towards the employees who made it possible? Are you aware of the anticompetitive business practices they use? Are you aware that your tax dollars are subsidizing the food, shelter, and medical care of Walmart's employees?  Walmart makes plenty of profit, they owe it to their employees to pay a fair wage. But you seem to think people dont deserve to be paid fairly so we'll just have to agree to disagree."}
{"_id": "213182", "title": "", "text": "It is always a good idea if you are worried about customer service and hidden gotchas to visit http://getsatisfaction.com - they operate as an independent complaint board for many companies. http://getsatisfaction.com/bankofamerica for example alerts you to many problems with using BofA. In addition, googling for common complaint terms is a great idea.  It's easy to learn why bank of america sucks and to see that not too many people think bank of america rocks."}
{"_id": "213185", "title": "", "text": "&gt;Hey, sole proprietorships called  A sole proprietorship could incorporate as a Single Member LLC and elect to be taxed as a corporation. But you would still be subject to both sides of the FICA/Medicare taxes.   &gt;and they're going to suck out five percent MORE of my GROSS  How exactly does a LLC suck out 5% more of your gross?   &gt;your payroll costs go through the roof.  Again, payroll expenses are generally tax deductible.   I'm just trying to help you here."}
{"_id": "213196", "title": "", "text": "gatlinburg vacation rentals  --iTrip.net is a company that has revolutionized the way people book vacations, making the process easy and stress free. Due to our forward thinking and advanced online booking engine, we're able to provide quality vacations rentals and a lower price."}
{"_id": "213214", "title": "", "text": "\"Right so doesn't that mean they would be more inclined to have you trade when you don't necessarily need to?  Also, wouldn't trading on a retail be easier and less restrictive (ie. they may make you use a certain strategy, your capital is tied up with them for at least a year, you don't need a 56 / 7). For me, i'm starting to see the only benefit is their \"\"guidance and insight\"\" which might not be in the trader's best interest.\""}
{"_id": "213236", "title": "", "text": "I don't carry cash at all unless I know I'm going somewhere which requires it - this includes going to the corner shop for some milk or going to other countries for a week. Cards are easier for me - if a merchant wants my business they will take my money through whatever means they can. I don't think etiquette comes into it."}
{"_id": "213242", "title": "", "text": "\"In the US, if your monthly statement was issued by the credit card company on January 1 and it showed a balance of $1000, then a payment must be made towards that balance by January 25 or so, not February 1 as you say, to keep the card in good standing. The minimum payment required to keep the card in good standing is specified in your monthly statement, and failure to meet this requirement can trigger various consequences such as an increase in the interest rate charged by the credit card company. With regard to interest charges, whether your purchase of $2000 on  January 3 is charged interest or not depends entirely on what happened the previous two months.  If you had paid both your monthly statements dated November 1 and December 1 of the previous year in full by the their respective due dates of November 25 and December 25, and the $1000 balance on the January 1 statement is entirely due to purchases (no cash advances) made in December, then you will not be charged interest on your January purchase of $2000 as long as you pay it off in full by February 25 (the charge will appear on your February 1 statement). But, if you had not paid your December 1 statement in full by December 25, then that $1000 billed to you on January 1 will include  purchases made during December finance charges on the unpaid balance from the previous month  plus finance charges on the purchases made during December. The finance charges will continue to accumulate during January until such time as you pay off the bill in full (these charges will appear on your February 1 statement), hopefully by the due date of January 25. But even if you pay off that $1000 in full on January 25, your charge of $2000 on January 3 will start to accumulate finance charges as of the day it hits the account and these finance charges will appear on your February 1 statement.  If you paid off that $1000 on January 10, say, then maybe there will be no further finance charges on the $2000 purchase on January 3 after January 10 but now we are getting into the real fine print of what your credit card agreement says. Ditto for the case when you pay off that $1000 on January 2 and made the $2000 charge on January 3. You most likely will not be charged interest on that $2000 charge but again it depends on the fine print. For example, it might say that you will be charged interest on the average of the daily balances for January, but will not be charged interest on purchases during the February cycle (unless you miss the February 25 payment and the whole cycle starts all over again). As a general rule, it takes two monthly cycles of payment in full by the due date before one gets into the state of no finance charges for new purchases and effectively an \"\"interest-free\"\" loan of $2000 from January 3 (date of purchase) till February 25 (due date of payment).  Matters become more complicated when cash advances are taken from a credit card which are charged interest from the day they are taken but don't trigger finance charges on new purchases or the so-called \"\"zero percent balance transfer offers\"\" are accepted.\""}
{"_id": "213253", "title": "", "text": "&gt; Oatly said it plans to work with three more farmers to demonstrate the environmental benefits of switching from livestock to more crop production. But Arnesson says livestock farmers need government support in order to do so in large numbers.  Yes, because why would you expect a European farmer ever to conduct their business in a profitable way if they can just keep their hand up? 38 percent of the whole EU budget is still being spent on subsidising farms that should have gone bust decades ago. I'm not saying the market always knows best, or that environmentally sound farming should not be promoted somehow, but this attitude that government funding will happily keep your outdated lifestyle business alive is just pathetic."}
{"_id": "213275", "title": "", "text": "Yeah, if their demand spikes like crazy on these items, they are going to have a lot of stock outs and angry customers who will then give up because their items are never there and shop elsewhere.  I think this price cut is temporary unless they really secured a way to get a lot more product to those stores."}
{"_id": "213310", "title": "", "text": "\"TLDR:  Yes you can. That is quite a steep price to pay for a trade.  I've used TradeKing previously, which would charge you $5 for that same trade.  Some other brokers are more or less expensive, and it is normally representative of the service one receives.  One option would be Scottrade.  While they are much more expensive than TradeKing, they offer a much higher level of service.  Even at $17 a trade, you'll save a lot of money over the Edward Jones trade. A big question here is who does your investing now?  Most people are pretty horrible at managing their own investments.  Some professional advice is probably in order.  For most they discover this when their investments are small, mitigating any mistakes made.  You don't have that luxury.  I would highly recommend making sure you have people that can help you make good decisions. The more I think about it the more I like the move to Scottrade (no affiliation) or one like that (Charles Schwab is another option).  With Scottrade you can go into a local branch and talk things over.  I think they offer some professional management as well.  Schwab will offer the latter but not the former.  However you can call them up and talk on the phone.  Another option is to go with Fidelity and have them manage at least part of your money.  Of course you can always just do a professional, independent money manager. Another option is to renegotiate with Edward Jones.  Something like:  \"\"Sorry but this is ridiculous, you need to do much better or I am moving all my money.\"\"  Its much cheaper to charge you $100 for that same trade than lose the whole account.\""}
{"_id": "213328", "title": "", "text": "In theory - Yes. So as long as someone will accept you as a (very) mature student, you plan to never earn over 21k a year for the next 30 years (no longer wiped out at 65), you could get a loan, slightly unethically (unless you fancy doing the course). Also if you did have to start paying it back - since interest rates are currently 6.1% this means the loan is doubling potentially just under every 12 years (approx) As to the side question of is it fraud?  I couldn't say.  Is a student getting maximum loans but planning on being a jobless bum for the rest of their lives and never paying back loans also committing fraud?  One could argue Yes, but i don't believe a lack of ambition is currently illegal."}
{"_id": "213331", "title": "", "text": "\"Your friend probably cannot deposit the check to your U.S. bank account. U.S. banks that I've worked with will not accept a deposit from someone who is not an owner of the account. I don't know why not. If some stranger wants to make unauthorized deposits to my account, why should I object? But that's the common rule.  You could endorse the check, your friend could then deposit it to his own account or cash it, and then transfer the money to you in a variety of ways.  But I think it would be easier to just deposit the check in your account wherever it is you live. Most banks have no problem with depositing a foreign check. There may be a fairly long delay before you can get access to the money while the check clears through the system.  I don't know exactly what you mean by a \"\"prize check\"\", but assuming that this is taxable income, yes, I assume the U.S. government would want their hard-earned share of your money. These days you can pay U.S. taxes on-line if you have a credit card. If you have not already paid U.S. taxes for the year, you should make an \"\"estimated payment\"\". i.e. you can't wait until April 15 of the next year, you have to pay most or all of the taxes you will owe in the calendar year you earned it.\""}
{"_id": "213339", "title": "", "text": "Of course you can transfer it, and it will be legal. There's no taxes on transferring your own money. There's income tax on gains you realized by selling the property, but that is money you already owe, it doesn't matter where the proceeds are. It also doesn't matter how you acquired the property (except for figuring out your basis). What matters is that you had gains, and these gains are taxable in the US. You need to figure out the value of the property when your father bought it, and that is your basis. The difference between what you sold it for and that basis is your taxable gain, and you already owe taxes on that gain."}
{"_id": "213343", "title": "", "text": "At eSalesData we can help you reach out to more than 120 major industries from agriculture to aerospace to real estate. We specialize in generating leads that are uniquely responsive to your product or service. eSalesData can build a customized list of prospects that will net you record returns on your sales drive."}
{"_id": "213361", "title": "", "text": "Dude, he is totally in the right and the government is STOMPING on his rights to freedom of expression and his freedom to provide a service that is used for legitimate means. JUST because he doesn't abide by the strict confines of international copyright law doesn't mean that he is a criminal; he is our techno savior FIGHTING against the tyrannical governments and their corporate investors.  /sarcasm"}
{"_id": "213363", "title": "", "text": "Huh? What does a flight to safety (cheaper US borrowing rates) have to do with the crisis not spreading if something goes wrong in Italy? It won't be the same over here - it will hit the banking system and companies tied to Europe rather than the sovereign market, but if something happens in Italy we'll feel it."}
{"_id": "213366", "title": "", "text": "I think you need to be very careful here. Covered calls don't reduce risk or increase performance overall. If they did, every investment manager would be using them. In a typical portfolio, over the long term, the gains you give up when your stock goes beyond the strike of your calls will negate the premiums you receive over time. Psychologically, covered calls are appealing because your gains happen over a long period and this is why many people suggest it. But if you believe the Black-Scholes model (used for pricing options) this is what the model predicts over the long term - that you won't do any better than just holding stock (unless you have some edge other traders don't). Now you say you want to reduce diversification and raise your risk. Keeping in mind that there is no free lunch, there are several ways to reduce your risk but they all come at a price. For simplicity, there are three elements to consider - risk, potential gain and cash. These are tradeoffs and you can't simultaneously make them all favorable. You must trade one or more of them to gain in the others. Let's say you wanted to concentrate into a few stocks... how could you counteract the additional risk? 1) Covered calls: very popular strategy usually intended (erroneously) for increasing returns. You get the bonus of cash along with marginally less risk. But you give up a substantial amount of potential return. You won't have blowout returns if you do this. You still face substantial risk. 2) Collar your stock: You sell a covered call while using the cash from the sale to buy puts for protection. You give up potential gains, you're neutral on cash but gain significantly on reducing risk.  3) Use calls as proxy for stock: You don't hold stock but only calls in equivalent delta to the stock you would have held. Substantially lower risk while still having potential gain. Your tradeoff is the cash you have to pay for the calls. When using this, one must be very, very careful not to overleverage.  4) Puts as protection for stocks: This is basically the same as #3 in tradeoffs. You won't overleverage and you also get dividends. But for the most part it's the same. These are the main ways to reduce the risk you gain by concentrating. Options themselves are far broader. But keep in mind that there is no free money. All these techniques involve tradeoffs that you have to be aware of."}
{"_id": "213370", "title": "", "text": "Debit cards with the Visa or Mastercard symbol on them work technically everywhere where credit cards work. There are some limitations where the respective business does not accept them, for example car rentals want a credit card for potential extra charges; but most of the time, for day-to-day shopping and dining, debit cards work fine. However, you should read up the potential risks. A credit card gives you some security by buffering incorrect/fraudulent charges from your account, and credit card companies also help you reverse incorrect charges, before you ever have to pay for it. If you use a debit card, it is your money on the line immediately - any incorrect charge, even accidential, takes your money from your account, and it is gone while you work on reversing the charge. Any theft, and your account can be cleaned out, and you will be without money while you go after the thief. Many people consider the debit card risk too high, and don't use them for this reason. However, many people do use them - it is up to you."}
{"_id": "213373", "title": "", "text": "When you want to invest in an asset denominated by a foreign currency, your investment is going to have some currency risk to it. You need to worry not just about what happens to your own currency, but also the foreign currency. Lets say you want to invest $10000 in US Stocks as a Canadian. Today that will cost you $13252, since USDCAD just hit 1.3252. You now have two ways you can make money. One is if USDCAD goes up, two is if the stocks go up. The former may not be obvious, but remember, you are holding US denominated assets currently, with the intention of one day converting those assets back into CAD. Essentially, you are long USDCAD (long USD short CAD). Since you are short CAD, if CAD goes up it hurts you It may seem odd to think about this as a currency trade, but it opens up a possibility. If you want a foreign investment to be currency neutral, you just make the opposite currency trade, in addition to your original investment. So in this case, you would buy $10,000 in US stocks, and then short USDCAD (ie long CAD, short USD $10,000). This is kind of savvy and may not be something you would do. But its worth mentioning. And there are also some currency hedged ETFs out there that do this for you http://www.ishares.com/us/strategies/hedge-currency-impact However most are hedged relative to USD, and are meant to hedge the target countries currency, not your own."}
{"_id": "213393", "title": "", "text": "\"Electric does make a difference when considering whether to lease or buy. The make/model is something to consider. The state you live in also makes a difference. If you are purchasing a small electric compliance car (like the Fiat 500e), leasing is almost always a better deal. These cars are often only available in certain states (California and Oregon), and the lease deals available are very enticing. For example, the Fiat 500e is often available at well under $100/mo in a three-year lease with $0 down, while purchasing it would cost far more ($30k, minus credits/rebates = $20k), even when considering the residual value. If you want to own a Tesla Model S, I recommend purchasing a used car -- the market is somewhat flooded with used Teslas because some owners like to upgrade to the latest and greatest features and take a pretty big loss on their \"\"old\"\" Tesla. You can save a lot of money on a pre-owned Model S with relatively low miles, and the battery packs have been holding up well. If you have your heart set on a new Model S, I would treat it like any other vehicle and do the comparison of lease vs buy. One thing to keep in mind that buying a Model S before the end of 2016 will grandfather you into the free supercharging for life, which makes the car more valuable in the future. Right now (2016/2017) there is a $7500 federal tax credit when buying an electric vehicle. If you lease, the leasing company gets the credit, not you. The cost of the lease should indirectly reflect this credit, however. Some states have additional incentives. California has a $2500 rebate, for example, that you can receive even if you lease the vehicle. To summarize: a small compliance car often has very good reasons to lease. An expensive luxury car like the Tesla can be looked at like any other lease vs buy decision, and buying a used Model S may save the most money.\""}
{"_id": "213399", "title": "", "text": "Another way to decide would be to do a fair valuation of the company agreeable to both the partners. Lets assume when you started the company it was worth $10,000 and to acquire 75%, you must have put $7,500 worth of money and effort. Similarly, the other partner must have put $2,500 worth of time and money. Now say after 2 years, you both agree that company is worth $50,000. And say now the company needs $10,000 worth of investment. Whoever invests that money should get 20% (10k/50k) of the company. Or each $1,000 will buy 2% in the company. Post this investment the equity division would be  First investor (you) 75% of 80% = 60 % Second investor (your partner) 25% of 80% = 20% Third (new) investor = 20% Now, if you alone decide to put all the money you stake will be 60 + 20 = 80% and your partner will be reduced to 20%. If you guys want to maintain equity as it was (75-25), you need to put money in the same ratio ($7500 and $2500). If you do that- First investor 60% + 15% (for $7,500) = 75% Second investor 20% + 5% (for $2,500) = 25%. Please know for IP-centric company valuation is very subjective. But, do make an effort to do the valuation at every stage of the company so that you can put a number in terms of equity for each investment."}
{"_id": "213400", "title": "", "text": "Niether do I.  But that's the plan. The loan pales in comparison to the average salary in financial engineering. You don't specifically need an MFE to get in either. You could do a masters in physics, statistics, operations research, mathematics, or computer science for instance. Check the program and make sure it's highly quantitative or heavy on the computer science aspect. You'd be able to get your foot in the door."}
{"_id": "213418", "title": "", "text": "\"Keynes is hard to defend. He makes some very basic arithemetic errors in the core of his work. However, the best defense of Keynes (at least with respect to his intellectual contribution) is Roger Garrisons \"\"Time &amp; Money\"\". Garrisons argument is that Keynes is right if you dismiss time as an irrelevant variable. Time is a complicated issue and Keynes was brilliant in the way he managed to describe an economy that exists outside of time.  Keynes more or less admits that the solution is very short term with long term harm. He just doesn't think the long term problems are all that bad. I really don't think he would defend what his work has been twisted to advocate.\""}
{"_id": "213424", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.npr.org/2017/09/09/549215204/trump-says-debt-ceiling-is-not-necessary-is-he-right) reduced by 91%. (I'm a bot) ***** &gt; Still, despite Trump and Schumer&amp;#039;s &amp;quot;Gentleman&amp;#039;s agreement,&amp;quot; as one Post source called it, to work to get rid of the ceiling, any plan to actually do away with the ceiling would need Republican congressional leaders, who currently oppose the idea, to get on board.  &gt; The news about Trump and the Democrats working together toward ending the debt limit process also comes on the heels of another agreement by Trump that bewildered Republican leadership in Congress: to effectively raise the debt ceiling until Dec. 8.  &gt; Even Trump himself once supported not raising the ceiling, tweeting in 2013, &amp;quot;I cannot believe the Republicans are extending the debt ceiling-I am a Republican &amp; I am embarrassed!&amp;quot;.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z60mx/trump_says_debt_ceiling_is_not_necessary_is_he/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207325 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **ceiling**^#2 **vote**^#3 **Republican**^#4 **Trump**^#5\""}
{"_id": "213435", "title": "", "text": "\"The power of compounding interest and returns is an amazing thing.  Start educating yourself about investing, and do it -- there are great Q&As on this site, numerous books (I recommend \"\"The Intelligent Investor\"\", tools for small investors (like Sharebuilder.com) and other resources out there to get you started. Your portfolio doesn't need to include every dime you have either. But you do need to develop the discipline to save money -- even if that savings is $20 while you're in school. How you split between cash/deposit account savings and other investment vehicles is a decision that needs to make sense to you.\""}
{"_id": "213439", "title": "", "text": "It isn't a false prediction. It is just totally meaningless. Economies move in cycles so of course we are going to have another recession. This guy gets the benefit of the doubt by not having a specific date while also getting to boast that he is right when an inevitable recession finally strikes. He can't possibly be wrong, which makes his insights worthless."}
{"_id": "213445", "title": "", "text": "\"Article mentioned many treated are uninsured.  A sizeable quantity would be victims of crime.  There would need to be some kind of law that invokes tragedy or \"\"innocent bystander\"\" classifications for medical relief.  I don't know that such a law exists.\""}
{"_id": "213455", "title": "", "text": "It was a tough call.   Here's what I think happened...  They needed to use that 2.5 Ghz spectrum for something or risk losing it (FCC mandates on the purchase of that spectrum). LTE was nowhere near ready for deployment, so they had to go with WiMax. It was a good technology, ready to go at the right time, and far cheaper to deploy than LTE but the spectrum wasn't ideal for all environments. They always planned on switching from WiMax to LTE at some point.  Unfortunately, the infighting with Clearwire delayed the rollout. WiMax didn't come to market soon enough and not enough people bought into it. Sprint saw this outcome as a possibility which is why the spun off their WiMax assets into Clearwire instead of proceeding with their original Xohm service. They wanted to insulate Sprint which also meant that Clearwire could become a toxic asset. Clearwire probably wasn't very happy with that part of the plan. Cue infighting and rollout delay.  Since WiMax launched over a year late and the competition jumped forward, the WiMax rollout was cut short. Verizon pushed up their LTE rollout far earlier than planned (which caused constant Verizon data network outages last year). AT&amp;T secured dominance with the iPhone and their GSM network allowed them to have higher data speeds, so they weren't worried about speeding up their LTE rollout. T-mo's parent company wanted out of the US market but still had high speed GSM and low prices. Sprint had to move forward with LTE or eat everyone else's dust.   That's why you never got it.  To top that off, they had to reband their 800 mhz spectrum, which meant killing the ability for them to use it for a few years. They also needed to completely rebuild their public image (which was shit thanks to Hesse's predecessor, Gary Forsee and his crew... all of which got shit-canned when Hesse took charge). They also had to deal with a few somewhat bad calls like the Nextel purchase (orchestrated by Forsee and his crew). The good news is that they snagged that 800 mhz spectrum from the Nextel deal which was fairly important.  Here's the good news. Sprint's network overhaul is going to be awesome.  The 2.5 Ghz spectrum is excellent for data speeds and high traffic. Densely populated areas will see some AMAZING speeds. Where the 2.5 Ghz spectrum falls off, the 1900 mhz will pick up. Where 1900 mhz falls off, the 800 mhz will pick up. Everything will deliver a nice, smooth, and fast experience. You'll start enjoying these improvements within 6 months.  I'm pretty hopeful that Softbank will bring back removable SIMs and worldphones for interop between the US and Japanese networks."}
{"_id": "213462", "title": "", "text": "You have to understand what risk is and how much risk you want to take on, and weight your portfolio accordingly.  I think your 80/20 split based on wrong assumptions is the wrong way to look at it.  It sounds like your risk appetite has changed. Risk is deviation from expected, so risk is not bad, and you can have cases where everyone would prefer the riskier asset.   If you think the roulette table is too risky, instead of betting $1, stick 50c in your pocket and you changed the payoffs from $2 or 0 to 50c or $1.50 If your risk appetite has changed - change your risk exposure.  If not, then all you are saying is I bought the wrong stuff earlier, now I should get out."}
{"_id": "213463", "title": "", "text": "I use the taxi app in the tri-citys it's way quicker then calling dispatch. It's as close to getting uber, in bc as far as I can tell. Gives you the dollar amount when booked and tells you can drivers name you're going to get then you can leave reviews on the cab driver as well.    General wait time on busy nights is under 20mins. Try going through dispatch and its hours and many phone calls to get a cab. I'd call this a huge improvement."}
{"_id": "213489", "title": "", "text": "&gt; The rate given was discounted since we originally discussed this option at the start of your loan process of **which you had agreed to.**  Did you, in fact, make an oral representation agreeing to this? Either way, they are bound by the terms of the loan agreement / note.   If the loan documentation does not give them the ability to unilaterally change the interest rate at their discretion (you would be a fool to have signed such a document, and your lawyer would have been a fool to have allowed you to sign such a document), they are on the hook.  However, there are certain exceptions to this rule of contract law (excluding oral representations not memorialized within the terms of the contract) and your lawyer should advise you regarding the same. That's the legal answer.  The business answer is that you are letting pride cloud your judgment. If you don't care, don't piss off your mortgage lender, because there may come a time when you depend on their goodwill.  Also, you're looking for /r/personalfinance."}
{"_id": "213491", "title": "", "text": "I'm aware of that. My point is that if higher skill jobs like IT are being outsourced for the sake of saving money, you can bet your ass that the lowly unskilled labor positions will be the first to go."}
{"_id": "213507", "title": "", "text": "You can find the NYSE holiday dates listed on the exchange's own site (already linked in answer above), which should obviously be consulted as the most reliable source; they are also published in an article that I have written here: NYSE Holidays 2016, which provides additional information about traditions and events that can be expected to lead to unscheduled closures, and closed dates for holidays that are day-of-month rather than date specific (e.g. President's Day and Memorial Day). NYSE Holidays are not quite identical to those for the Chicago Mercantile Exchange, though most US stock exchange dates are the same. Also, note that both the Merc (via the Globex platform) and NYSE Arca have different normal cash sessions and trading hours to the New York Stock Exchange."}
{"_id": "213517", "title": "", "text": "\"I think you just don't understand what \"\"intrinsic\"\" means. It's not an opinion. It's a fact that currencies like the USD and EUR have no intrinsic value. That doesn't mean they're worthless, they just have no intrinsic value. Technically dollar COINS have intrinsic value, because they're a piece of metal that can be used for something else. Dollars itself however don't have intrinsic value.\""}
{"_id": "213521", "title": "", "text": "I like the other answers.  But, here's one thing that concerns me that hasn't specifically been addressed yet: You mentioned your student loans are at low rates of interest.  Are those rates fixed or variable?  If those interest rates are variable, I would not count on rates remaining low indefinitely.  If you could imagine those rates going up by say 2% or 4% or more over time, would such rates make you change your mind about the debt and the pace at which you're paying it off? I would suggest that as the economy recovers over the next couple of years, the spectre of inflation will force the Fed to raise interest rates.  You don't want to be holding variable-rate debt when rates are rising.  For that reason, if your loan rate is variable, I would increase your payment amount so you can eliminate your debt sooner than later. Also \u2013 You mention in one of your comments that buying a home is 4+ years away.  That's not a long time, so I wouldn't commit the bulk of your savings to investing in the stock market, which can be temperamental over short periods of time.  You don't want to be in a large loss position just when it's time to buy your first home. However, it may be worth having some of your skin in the game, so to speak.  Personally, I would take a balanced approach: 1/3 debt repayment, 1/3 high interest cash savings, and 1/3 in some broad diversified index funds \u2013 and not all in the U.S.  Although, I also like the idea of getting some travel in while young, so perhaps 1/4 allocations to the money stuff, and 1/4 towards travel?  :-) Good luck."}
{"_id": "213524", "title": "", "text": "&gt; I'm not so sure the current agency is all that interested in actually holding executives accountable for breaking the law.  After all the talk about less of a focus on regulation and more emphasis on enforcement?  I wouldn't be so sure. Especially when you have these three geniuses, a company whose PR people are saying 'they didn't know' while their investor relations people are emphatically telling shareholders that the board was notified of the breach immediately and took action.  I mean, you don't often find that juicy a poster child to show America that, yes, you *were* serious about the SEC needing to focus less on the rule making and more on enforcing existing regulations."}
{"_id": "213526", "title": "", "text": "\"The way I read that is that he's arguing for further tax cuts for corporations.  He is a huge shareholder and would be paid in options or shares.   If a big corporate tax cut happens, profits go up, the share price goes up and thus an incredable amount of money goes directly into his own pocket.    You can read his motives by the statement \"\"driving capital earnings overseas\"\".  That is code for foreign countries like Ireland winning because their corporate taxes are lower.\""}
{"_id": "213535", "title": "", "text": "\"This is typically referred to as the \"\"market value\"\" of your holdings--it is the revenue you would generate if you sold your holdings at that moment (less any transaction costs, of course)\""}
{"_id": "213537", "title": "", "text": "in my experience no-cash transactions are the best deal. Take your Portuguese credit card, get some cash ($60) for emergencies. Only pay with your credit card. It's much cheaper because it's all virtual.  The best would be to set up an American bank account and transfer the money there. You can also get Paypal account, they offer credit cards too. The virtual banks, credit unions are the best option because they don't charge you for transactions. They don't have expenses with keeping actual money. Find some credit Union that accepts foreigners and take it from there. You can exchange your money on the airport because it's in tax free zone. I recommend the country of the currency since they sell you their 'valuts' and you are buying dollars. Not selling Euros... Make sure to find out what is the best deal."}
{"_id": "213543", "title": "", "text": "Ah yes!  The filthy rich have let us schlubs use their equipment and their buildings, so we can be thankful that they artificially increase prices with virtual monopolies and take their manufacturing jobs out of country, creating an reduction in labor wages.  I\u2019m totally thankful that they are rich enough to control politics and tell us how thankful we should be for it.  Yes, big money has done and used to do great things.  These days, however, the cash that isn\u2019t bent towards directly making more money is bent towards putting policies in place to make them more money.  There is no recognition of \u201chow will this impact the populace at large.\u201d    Do you remember that age old question they put to inventors?  \u201cYou asked if you could, but never stopped to ask if you should.\u201d  We have let money control so much that people have become worth less than big money\u2019s interests.  Thank the Gods we live in a country that treats money better than people, because that isn\u2019t going poorly at all. /s"}
{"_id": "213555", "title": "", "text": "\"So, did anyone else bother to actually look up the balance sheet? I just pulled it up [here](http://www.nasdaq.com/symbol/nflx/financials?query=balance-sheet&amp;data=quarterly). It looks like as of June 30, 2017, Netflix total liabilities were $13.4 billion. Current liabilities are about $5b and the other ~$8.4 are long term liabilities. That alone makes the \"\"article\"\" questionable because I don't know where exactly they got their bogus numbers from.   At any rate, total liabilities don't really matter, as long as they have the cash flow to pay for it, and investors are happy with their total return on equity. This is a low quality shitpost by someone paid by the word at LA Times.\""}
{"_id": "213561", "title": "", "text": "\"Because most of the posters have disparaged the pursuit of silver without a reflection upon what you wrote in the question - your concern about Hungary and its government, I'll weigh in it.  In a stable and solid political and economic environment, this advice against silver would be generally correct.  As you commented, though, this has not been the case and thus it is difficult for some to understand this. Given your concerns, here's a question to reflect upon - what can the government of Hungary not confiscate?  Or what have they not confiscated in the past?  If silver is on that list, then very few people here will understand because statements like, To be honest, I think a lot of people on this site are doing you a disservice by taking your idea as seriously as they are, are completely predicated on an environment that has been relatively stable over the years.  I know my fellow Americans (and some Europeans) don't get this, but some countries have seen disasters - for instance, Brazil has been hyperinflation even when interest rates with insane interest rates (over 1000%). So this answer won't be popular, but depending on your environment, silver may be an excellent choice.  If the government of Hungary has confiscated silver in the past (or you suspect they might), though, I'd stay far away from it.  In reading and listening to people in these environments, citizens typically want something the government does want to take inventory of that tend to hold their value or rise during times of crisis.  Most Americans (if they were honest) really can't relate to this and the few that can would agree.  Another popular item to have, which doesn't physically exist, is a rare, but valuable skill that will be needed in a crisis.  For instance, being highly skilled at negotiation and knowing the right people both come in handy at difficult times.  Can you pay for learning or increasing those skill sets now?  Never forget that self-investment can go far. And as a financial note and word of advice from someone who's been a financial adviser for over half a decade, a good financial adviser always seeks to get the person's information before providing advice and almost never says that a particular choice is always bad or always good; I would seldom say that a person should do one thing and it will always be good advice because that may not work in their country/state/environment/situation/etc.  As they say in the SQL Server community - \"\"it depends\"\" and that holds true for finance.  In the long run, those items which we may not think of as good investments or stores of value may end up having their day.  To paraphrase Solomon, \"\"There's a time and place for everything under the sun.\"\"  Even in my short life, I've witnessed a period of gold and silver routing the stock market and the stock market routing gold and silver.  I suspect I'll see both again if I live a few more decades. tl;dr\""}
{"_id": "213591", "title": "", "text": "\"Standard federal candidate political donations are limited to $2700 per candidate per election.  The primary and general elections are different elections for this purpose.   Source:  http://www.fec.gov/pages/brochures/citizens.shtml There are no tax implications to a campaign contribution.  Even if you contribute to the campaign of someone to whom you have made gifts now or in the past, that does count.  You are contributing to the campaign, not the person.  Such money has to be used for campaign purposes.  The candidate could be prosecuted (for something like embezzlement) for using the funds for something else.   Example source:  http://www.rothcpa.com/archives/006985.php Congress itself ordered the IRS away from direct political contributions by enacting what is now Code Section 2501(c)(4) in 1975, which prohibits gift tax assessments on \"\"political organizations,\"\" defined by Section 527 as \"\"...a party, committee, association, fund, or other organization (whether or not incorporated) organized and operated primarily for the purpose of directly or indirectly accepting contributions or making expenditures, or both, for an exempt function.\"\" There is no way to donate to a candidate's campaign in a tax deductible way.  The only tax-deductible money in politics is money given to a charity that the charity then uses to fund their own campaigning activities like advertisements or get out the vote calls.  Such spending might supplant some candidate spending, but it can't be given to the candidate's campaign to spend.  In fact, such spending can't be coordinated with the campaign at all.   Example source:  http://blogs.hrblock.com/2013/03/04/how-to-capture-political-contributions-on-your-tax-return/ If you wrote a check for a presidential candidate or even a local mayoral candidate, you\u2019re out of luck when it comes to deductions. Contributions given directly to campaigns and parties are absolutely non-deductible. Note that it spends a lot of time explaining how you can deduct contributions to independent charities that happen to do campaign work.\""}
{"_id": "213609", "title": "", "text": "All openly traded securities must be registered with the SEC and setup with clearing agents.  This is a costly process. The cost to provide an electronic market for a specific security is negligible.  That is why the exchange fees per electronic trade are so small per security.  It is so small in fact that exchanges compensate price makers partially at the expense of price takers, that exchanges partially give some portion of the overall fee to those that can help provide liquidity. The cost to provide an open outcry market for a specific security are somewhat onerous, but they are initiated before a security has any continual liquidity to provide a market for large trades, especially for futures. Every individual option contract must be registered and setup for clearing. Aside from the cost to setup each contract, expiration and strike intervals are limited by regulation.  For an extremely liquid security like SPY, contracts could be offered for daily expiration and penny strike intervals, but they are currently forbidden."}
{"_id": "213612", "title": "", "text": "&gt; The government should invest roughly $130,000 in educating children in useful job skills so that they can make more than minimum wage.  And if the slowest player could just learn to be a little faster, everyone could get a seat in musical chairs."}
{"_id": "213630", "title": "", "text": "How do you know you are playing their cost plus tax?   Retailers in the US currently only collect state sales tax on purchasers who are based in the same state they are in.  For example, our business is in NY so we charge NY state sales tax.  We do not charge sales tax for anyone living in any other state (or country). If your shipping address is in South America, the people you are buying from in the US should not be charging you any tax.  You may have to pay customs duties and fees, but these are not sales tax."}
{"_id": "213646", "title": "", "text": "DFP Building Services are reliable and trusted professionals in refurbishments and remodeling of your home or any private building. Whether you are looking to remodel a single room or want to refurbish your entire house. Our teams of skilled professional are fully qualified."}
{"_id": "213659", "title": "", "text": "What people fail to realize about bitcoin is its cost to acquire a coin.. I'm not exactly familiar on pricing nowadays but back when it was $100 a coin it took you ~$95+ in power/equipment to get that coin. Meaning bitcoin can not go below $95. Bitcoin is at $5800.. And if its as it were before, it's costing ~$5700ish to obtain, miners are not going to sell their coin for $5600 that cost $5700 to get."}
{"_id": "213673", "title": "", "text": "\"Opinions vary but I've always thought that an \"\"emergency fund\"\" is just that... for emergencies... NOT investment. While it \"\"hurts\"\" not to have your emergency money making more money... its MORE IMPORTANT to have quick access to it. As long as the interest rate keeps up with the rate of inflation leave it alone.  Fill up your emergency fund with 3-6 mos salary and then INVEST your money beyond that however you see fit. Dave Ramsey's \"\"Financial Peace University\"\" is a very good audiobook and I would recommend it to anyone asking questions such as this one.\""}
{"_id": "213712", "title": "", "text": "Involved with Lead Generation here. I knew about rapportive and email permutation for a while now. The problem is that it's very time consuming. Twitter is very useless if you're going after companies in a niche market or small businesses. I have no idea what mailtester is.   I believe this was created in effort to have people find the emails, rather than assuming LinkedIn provides them (which they don't!).  I find it funny how they don't mention Sellhack. It's most likely because LinkedIn gave a C&amp;D to Sellhack this year. Now I believe Sellhack just uses dummy emails to extract real emails to build their own database."}
{"_id": "213713", "title": "", "text": "First, as others have commented, the idea that getting a mortgage to buy a house is always a good idea is false.  It depends on a number of factors including the current interest rate, what you think the future interest rate will do over the life of your mortgage, the relative cost of renting vs. buying, and how long you would stay in the house that you bought. To the extent that a mortgage for a house is more often recommended than buying other goods on credit, it is for these reasons: Except for #1 above, you could and can find other situations where taking a loan makes more sense than buying in cash.  This more true if you have the resources and the skill to invest money at a rate that beats the interest rate you pay to the creditor.  The general advice not to try this rests in the fact that most people don't have the resources or the skill to actually make this pay off, especially on high-interest rate loans or over short time periods."}
{"_id": "213714", "title": "", "text": "Buying options on a highly volatile underlying like AMD or JNUG. You may make piles of cash or go to zero, but it will be fast at least.  Also working 6-12 and not just 9-5.  Also you want /r/personalfinance"}
{"_id": "213755", "title": "", "text": "I'm no expert, but this is my understanding.  Not necessarily. For example, the Canadian dollar has jumped up recently because people are expecting a rate hike at the central bank this week some time. That is, the Canadian dollar is being traded for more because people expect that the currency will be harder to get later. This deflation (or decelerated inflation) is being priced in before it even happens.  For inflation to propagate through an entire domestic supply chain of a good or service takes time. Raises aren't tied to inflation, nor the price of a Big Mac or price of a movie ticket or toaster that has been sitting on the shelf for a month.  The price of the good in foreign currency will however hit the export as soon as it crosses the border."}
{"_id": "213767", "title": "", "text": "\"The first 3 are the same as owning stock in a company would be measured in shares and would constitute some percentage of the overall shares outstanding. If there are 100 shares in the company in total, then owning 80 shares is owning 80% is the same as owning 80% of the common stock. This would be the typical ownership case though there can also be \"\"Restricted stock\"\" as something to note here. Convertible debt would likely carry interest charges as well as the choice at the end of becoming stock in the company. In this case, until the conversion is done, the stock isn't issued and thus isn't counted. Taking the above example, one could have a note that could be worth 10 shares but until the conversion is done, the debt is still debt. Some convertible debt could carry options or warrants for the underlying stock as there was the Berkshire convertible notes years ago that carried a negative interest rate that was studied in \"\"The Negative Coupon Bond\"\" if you want an example here. Options would have the right but not the obligation to buy the stock where there are \"\"Incentive Stock Options\"\" to research this in more depth. In this case, one could choose to not exercise the option and thus no stock changes hands. This is where some companies will experience dilution of ownership as employees and management may be given options that put more shares out to the public. Issuing debt wouldn't change the ownership and isn't direct ownership unless the company goes through a restructuring where the creditors become the new stock holders in the case of a Chapter 11 situation in the US. Note that this isn't really investing in a small business as much as it is making a loan to the company that will be paid back in cash. If the company runs into problems then the creditor could try to pursue the assets of the company to be repaid.\""}
{"_id": "213790", "title": "", "text": "\"Well hindsight tells us now that by and large, doing 100% borrowing was not the best policy we could have taken.  It gets nitpicky, but in the US the traditional 20% is the answer I presently feel comfortable with. It could be a reactionary judgement I am making to the current mess (in which I have formed the opinion that all parties are responsible) and arm-chair quarterbacking \"\"if we had only stuck with the 20% rule, we wouldn't be here right now. The truth is probably much more gray than that, but like all things personal finance it is really up to you.  If the law allows 100% financing ask yourself if it really makes sense that a bank would just loan you hundreds of thousands of dollars to live somewhere.\""}
{"_id": "213809", "title": "", "text": "\"I think a lot of people would respond with something like \"\"you use bank machines and online banking, don't you?\"\"  That is the same reason I hear people supporting voting machines and even online voting, but the problem is that there are significant differences. Take a service like mint.com compared with your bank for example.  The bank is a regulated company with insurance to back up your money should they make a mistake.  Even if someone steals your debit card and drains your account, you will usually get all your money back.  Banks have deep pockets and even the government has a vested interest in making sure the banks stay afloat.  When they do make a mistake (and they will) you are usually quite safe. On the other hand, mint.com is a third party that you are just going to hand over your bank passwords to.  I think it is reasonable to ask: I am not saying not to use mint.com, but it is certainly reasonable to ask these questions.\""}
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{"_id": "213824", "title": "", "text": "\"HSBC Hong Kong's \u201cDeposit Plus\u201d Product\"\" the same as \"\"Dual Currency Product\"\" .  it's Currency link Sell base Currency Call / Alternative Currency Put FX Option It's not protected by the Deposit Insurance System in HK You can search Key Word \"\"Dual Currency Product\"\" & \"\"Dual Currency Investment\"\" & \"\"Dual Currency Deposit\"\" The only one  of the world's foreign exchange structured product book \u300e\u96d9\u5143\u8ca8\u5e63\u7522\u54c1 Dual Currency Product\u300f ISBN 9789574181506\""}
{"_id": "213833", "title": "", "text": "I will split my answer in a few sections... Note: I will not address the legal aspect of the question. If you can or not use Federal money to invest. 1st - Investments with Student Loan 2nd - IRA as the Instrument I hope this helps!"}
{"_id": "213859", "title": "", "text": "I'm not a finance professional by any means, but my understanding of cashier's checks is that they're more in favour of the person receiving. They're essentially guaranteeing that you have the money in your account to provide payment to the recipient.   The advice I've always received is to treat cashier's checks and money orders as straight up cash, because that's essentially what they are.  Hopefully someone else can come in with a better background, but I figured I'd pitch in."}
{"_id": "213861", "title": "", "text": "To me, the most important thing for young people to learn about personal finance is the connection between service and income.  Most, rightly look for a way to earn money and advance the lifestyle of their home life.  How does one do that?  Grinding it out in a 9-5 does not seem attractive while living the lifestyles of those on TV would be awesome.   The temptation is to try all these tricks to get money, but absent from their plan is how they serve their fellow man in order to receive that money. Stars, like the Kardashians are a marketing machine despite the carefree life displayed on the TV.  They have served many budding companies well by selling their products to certain demographics.  Most young people do not make that connection.   So they try things like trading Forex, gold or whatever the latest thing is.  It does not work as there is no service to their fellow man.  They get a job at a fast food chain and complain about their pay in accordance with their work.  Well sure, but again they are serving such few people that one can only expect a small income.   The better and more people one can serve, in general, the higher a person's income."}
{"_id": "213874", "title": "", "text": "There are plenty of firewalls - Fortinet and Sonicwall UTM, and dedicated DLP devices - that do SSL MITM to sniff traffic for violations. Your employer simply installs the relevant cert on your machine first and most people never notice.  Worth noting: Fortinet has a default setting to NOT monitor or log traffic from bank and health SSL sites. It can be disabled though."}
{"_id": "213875", "title": "", "text": "All else being equal I wouldn't object to zero capital gains tax. Except not all else is equal. The differential between earned income and capital gains is enormous. This is more than enough to drive huge sums of money out of incomes and into capital gains. Private equity funds provides the simplest and most legal means of accomplishing this. There are more legally questionable methods, though not challenged at this time, involving carried interest.  Let's say an employer has $1 they can choose to pay an employee or divert it into capital gains. If the effective tax rate that employee pays is 40% that leaves 60 cents going to that employee and doesn't even count the other cost of that employee through unemployment insurance, etc. If they divert it then at the top rate it becomes 85%. So, even without other cost considerations that becomes a 25% surcharge on treating it as wages. More than enough incentive freezing out wages as much as possible in favor of capital gains. Which is occurring on a large scale.   So let's get back to the issues faced by granny selling her house. You say it's unfair for granny to pay 35% as opposed to 15% on the capital gains. Yet is it any more unfair than granny paying 35% on her earned income all those years she paid for the house? Wouldn't she be much better off if all those years she paid less on her earned income, at the expense of paying more on her capital gains, all with essentially the same overall federal tax receipts? So in essence you are arguing that she should be screwed less on her one time capital gains in favor of screwing her many many times that amount over the years leading up to that sale. Ouch.  So let's look at the difference between capital gains and income at the investor level. You have a wage earner that gets out of bed every morning and works at the beckoning of someone else daily. We'll suppose they are it the 35% tax bracket, under $400k. Is it more fair to charge them 35% than it it the person who invested their money and gets their paycheck while watching I Love Lucy reruns? I know it's almost never that easy but really, if working 40 or 80 or even 100 hours per week doesn't deserve the same break how do you justify it for the person who simply purchased their future income? Labor is after all hired to help produce capital goods. How is their contribution to those capital goods not part and parcel to the capital gains?  Even with these issues I still wouldn't have such a problem if markets, including wage and capital ratios, acted independently of these effective tax rates. But that notion is absurd, even if doing so require some illegal maneuvers. Which in many cases do not.   So yeah, I find your argument to be specious and quiet arbitrary at every level."}
{"_id": "213887", "title": "", "text": "I keep several savings accounts. I use an online-only bank that makes it very easy to open a new account in about 2 minutes. I keep the following accounts: Emergency Fund with 2 months of expenses. I pretend this money doesn't even exist. But if something happened that I needed money right away, I can get it. 6 6-month term CDs, with one maturing every month, each with 1 month's worth of expenses. This way, every month, I'll have a CD that matures with the money I would need that month if I lose my job or some other emergency that prevents me from working. You won't make as much interest on the 6-month term, but you'll have cash every month if you need it. Goal-specific accounts: I keep an account that I make a 'car payment' into every month so I'll have a down-payment saved when I'm ready to buy a car, and I'm used to making a payment, so it's not an additional expense if I need a loan. I also keep a vacation account so when it's time to take the family to Disneyland, I know how much I can budget for the trip. General savings: The 'everything else' account. When I just NEED to buy a new LCD TV on Black Friday, that's where I go without touching my emergency funds."}
{"_id": "213893", "title": "", "text": "&gt; But the businesses always go unscarred  Eh, I'd word that is the 'biggest, most politically tied businesses go unscathed'. Lots of small and medium businesses go under along with a lot of households. The big banks get to scoop up all their properties and hold them on the shadow market and make big bucks a decade down the road."}
{"_id": "213907", "title": "", "text": "It's definitely NOT a good idea to pay off one of the smaller loans in your case - a $4k payment split across all the loans would be better than repaying the 5% / $4k loan completely, as it's the most beneficial of your loans and thus is last priority for repayment. A payment that splits across all the loans equally is, in effect, a partial repayment on a loan with an interest rate of 6.82% (weighed average rate of all your loans).  It's not as good as repaying a 7% loan, but almost as good. It might be an option to save up until you can repay one of your 7% loans, but it depends - if it takes a lot of time, then you would've paid unneccessary interest during that time."}
{"_id": "213927", "title": "", "text": "\"It sounds like \"\"bonus shares\"\" are the same as a stock dividend. Stock dividends are equivalent to a stock split except for accounting treatment (good explanation here: http://www.accountingcoach.com/online-accounting-course/17Xpg05.html). As an investor, the only likely effect of a stock dividend is to make it more complex to keep track of cost basis and do your taxes. There's no economic effect, it's just rearranging accounting numbers.\""}
{"_id": "213938", "title": "", "text": "\"The difficulty is that you are thinking of a day as a natural unit of time.  For some securities the inventory decisions are less than a minute, for others, it can be months.  You could ask a similar question of \"\"why would a dealer hold cash?\"\" They are profit maximizing firms and, subject to a chosen risk level, will accept deals that are sufficiently profitable.  Consider a stock that averages 1,000 shares per day, but for which there is an order for 10,000 shares.  At a sufficient discount, the dealer would be crazy not to carry the order.   You are also assuming all orders are idiosyncratic.  Dividend reinvestment plans (DRIP) trigger planned purchases on a fixed day, usually by averaging them over a period such as 10 days.  The dealer slowly accumulates a position leading up to the date whenever it appears a good discount is available and fills the DRIP orders out of their own account.  The dealer tries to be careful not to disturb the market leading up to the date and allows the volume request to shift prices upward and then fills them.\""}
{"_id": "213963", "title": "", "text": "1 Declare Bankruptcy 2 Unshackled by debt, purchase struggling responsible company with a good name 3 Lower quality, maintain prices, milk the brand name 4 Profit 5 ... until the formerly good brand is spoiled and then go out of business.  Keep that profit though, you earned it.  God Bless America!"}
{"_id": "213964", "title": "", "text": "This latest, though, this isn\u2019t a feature. (Many Facebook \u201cfeatures\u201d aren\u2019t.) Instead, it\u2019s yet another example of a fundamentally dishonest company, a company with no integrity, playing whack-a-mole with their users. They don\u2019t change things every few days because it\u2019s better for us. Notice how every time they update things they move where settings used to be? It\u2019s not user-friendly, it\u2019s user-hostile and it violates every core fundamental of user interface design, which is all about making a site or an application easier and better for the user.  Facebook does this intentionally to mask their real intent. Which is to package and sell the user, to deceive users into behaving in ways that they wouldn\u2019t otherwise. The message is ugly, but simple: We\u2019re not good enough to entice you to want our services, so we\u2019re going to make you to take it. If we get busted, we\u2019ll issue a statement and try again the next time we think you aren\u2019t looking."}
{"_id": "213975", "title": "", "text": "&gt;means less demand for absurdly priced homes which means prices will drop to affordable levels.  Rent and home prices are obviously variable but in my area home prices are pretty aligned with rents.  Assuming both home prices and rent goes up with inflation and accounting for insurance, taxes, tax advantages, maintenance and a list of other issues the prices are comparable.  If you have the capital for a down payment and plan to stay in one house (or aparment) for 5 years you are probably better off buying.  To say home prices are absurd you need to be comparing it to what you consider it's true worth but how are you determining that?  Edit: Perhaps both rent and home prices will go down as more people live with their parents and room mates but I haven't seen that trend start yet and vacancy rates aren't that high (as far as I know) so I don't see it starting soon.  If that trend did start I imagine new construction would be the first ones to go but housing developments are going strong around me."}
{"_id": "213976", "title": "", "text": "To me it depends on things like your net worth, debt, and how other assets are invested.   Currently you have 25K invested in the company you work for.   If you have 100K in student loans, are a renter, and 12K in your 401K, then I would recommend exercising almost all of your options.  In that case you have a much to large part of your world wrapped up in your company. If you have 250K in your 401K, own a home and have an emergency fund with no debt then you are fine with letting it ride.  You can afford to absorb a loss of 25K without wrecking your net worth. More than likely, you are somewhere in between (just statistics speaking there).  So why not exercise some of them now with the purpose of improving your financial situation?  Say do a 1/3 now and when they come available.   When 401ks were first invented people put almost all of their money in their company stock.  They lost just about everything when the company went down in value and were often a victim of layoffs exasperating the issue.  This is akin to the same situation.  Most financial advisers recommend against putting any 401K money to company stock, or at least limiting the amount."}
{"_id": "213991", "title": "", "text": "There's gotta be categories, right? Like boutiques, or gas stations, clothing stores, etc...   Maybe not, I just thought with all the numbers out there, some website somewhere would have something to decipher what kind of store, and numbers in that category.   Thanks for taking the time to answer though."}
{"_id": "213998", "title": "", "text": "It's not like there's a shortage of fiduciaries out there. If someone wants to pay a brokerage fee rather than a fiduciary fee, I don't see why they should be compelled to. A fiduciary duty is expensive, and will likely raise costs.  If the problem is that people don't know whether advisors are fiduciaries, then it's a disclosure problem."}
{"_id": "214000", "title": "", "text": "Their meat costs less than farm meat and as you said, it is a 10 000 year process whereby we selected aimals that fit our idea of good meat, that people want to buy. all the sellers of bad quality meat meant, they paid money fot livestock that wasn't worth effort. so they were punished by the market.  nd tis kind of buying and selling of meat with the ripple effect took place in separate locations around the world, where then better quality animals, priced as they were could be sold overseas or down the river to farmers willing to pay a lot of money for this livestock. i wouldnt disregard this processas meaningless"}
{"_id": "214003", "title": "", "text": "\"For personal investing, and speculative/ highly risky securities (\"\"wasting assets\"\", which is exactly what options are), it is better to think in terms of sunk costs. Don't chase this trade, trying to make your money back. You should minimize your loss. Unwind the position now, while there is still some remaining value in those call options, and take a short-term loss. Or, you could try this.  Let's say you own an exchange traded call option on a listed stock (very general case). I don't know how much time remains before the option's expiration date. Be that as it may, I could suggest this to effect a \"\"recovery\"\".  You'll be long the call and short the stock. This is called a delta hedge, as you would be delta trading the stock. Delta refers to short-term price volatility.  In other words, you'll short a single large block of the stock, then buy shares, in small increments, whenever the market drops slightly, on an intra-day basis. When the market price of the stock rises incrementally, you'll sell a few shares. Back and forth, in response to short-term market price moves, while maintaining a static \"\"hedge ratio\"\". As your original call option gets closer to maturity, roll it over into the next available contract, either one-month, or preferably three-month, time to expiration. If you don't want to, or can't, borrow the underlying stock to short, you could do a synthetic short. A synthetic short is a combination of a long put and a short call, whose pay-off replicates the short stock payoff.  I personally would never purchase an unhedged option or warrant. But since that is what you own right now, you have two choices: Get out, or dig in deeper, with the realization that you are doing a lot of work just to trade your way back to a net zero P&L.  *While you can make a profit using this sort of strategy, I'm not certain if that is within the scope of the money.stachexchange.com website.\""}
{"_id": "214009", "title": "", "text": "I have a very hard time believing you pay 60% of gross. Otherwise, I believe you're right in the way this works: Suppose you make $100k and pay 25% of that in taxes. 100,000 * .25 = 25,000 But if you spend $1,000 pretax, then it's as if you were paid $99,000 99,000 * .25 = $24,750 So the difference is $250.  Which is the same as that $1,000 * .25."}
{"_id": "214014", "title": "", "text": "Several Mickey D's in London exclusively have these. Seems to be no shortage of workers at the counter, assembling orders, getting any mistakes fixed.   The UI needs some work, but I don't miss the alternative: having the cashier disappear to grab fries and sauce packets when I'm next in line to place an order.  To those moaning about loss of jobs, is this really a job you want to fight to keep? Are you from one of those states where it's illegal to pump your own gas?"}
{"_id": "214024", "title": "", "text": "Call Wells Fargo or go to a branch.  Tell them what you're trying to accomplish, not the vehicle you think you should use to get there.  Don't tell them you want to ACH DEBIT from YOUR ACCOUNT of YOUR MONEY.  Tell them you apparently need a paperless transaction sent to this and that account at this and that bank.  See if they offer a solution."}
{"_id": "214032", "title": "", "text": "I would suggest to start small and grow it up. By starting small I mean. Start online with something like a website. It is amazing what you can do if you simply just put an hour a day aside to do this. Do some research, listen to audiobooks on your commute or when you're eating breakfast in the morning, and get your family involved that will definitely help a lot. If you haven't read this book I would highly suggest it: The $100 Startup by Chris Guillebeau 100startup.com/ , and The 4 Hour Workweek by Timothy Ferriss https://fourhourworkweek.com/ . I was not sponsored by these books I just think they will genuinely help you."}
{"_id": "214037", "title": "", "text": "Alot of older NCR and Diebold ATMs also don't encrypt data in transit. You can see all the packets over the network with Wireshark. PINS, ACKS. (Using this you could theoretically have the ATM eject money if you could access the network and fake those acknowledgements) I've also seen an ATM connected to a hub, which would just broadcast those packets to whatever else is connected to the hub. Also the local data closet at your typical brick and mortar bank is a wild nest of cables and wires."}
{"_id": "214047", "title": "", "text": "Cosigning a loan for someone else will make net worth decrease, whether backed by security or not."}
{"_id": "214071", "title": "", "text": "\"Both names are on the deed, so the property is jointly owned. You're going to need the second person's signature to be able to sell the property. Ideally the way to know \"\"what happens now\"\" is to consult the written agreement you made before you purchased the house together. The formula for dividing up assets when dissolving your partnership is whatever you agreed to up front. (Your up-front agreement could have said \"\"if you move out, you forfeit any claim to the property\"\".) It sounds like you don't have that, so you'll have to come to some (written) agreement with your partner before you proceed. If you can't come to an agreement, then you'll end up in court, a judge will split up the assets, and the only winners there are the lawyers...\""}
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{"_id": "214079", "title": "", "text": "Flowers are a great way to say thank you or to tell people how much you care about them. If you need a flower arrangement for any occasion, All Flowers and Gifts provides Calgary florists that can help you with everything that you need for your next flower arrangement."}
{"_id": "214082", "title": "", "text": "It's very, very unlikely that you received a phone call at work with an incorrect birth date from an actual lending company that thinks it loaned you any money.  It's much more likely that you received a phone call at work from a collections agency that would have bought some loan from the aforementioned agency for pennies on the dollar.  They would have been hunting around trying to find someone with your name who was born thirteen years earlier.  It's even more likely that this is some sort of phishing scam.  If you're worried, you can check your credit rating, but it is likely that you can safely ignore the situation.  If they call back, ask for thorough details about the credit card.  If they're a real collections agency and for some reason they won't leave you alone, IIRC the most surefire course of action is to hire a lawyer to send them a cease-and-desist letter."}
{"_id": "214093", "title": "", "text": "I would say yes. There are a lot of rich assholes in China with too much money to spend. You'll need to market those products not as natural products you'll need to market them as **expensive** natural products.    Keeping your product expensive will be the key to success.  Those rich assholes aren't interested in cheap stuffs.   Do not under any circumstances have any made in China products.  Everything must be made outside of China."}
{"_id": "214103", "title": "", "text": "\"I think you missed the first two paragraphs of the article. It's raising the prices in some countries in Europe due to local tax increases, and in addition to that it's changing the currencies used in the countries you listed.  The only thing about the title that may be considered \"\"misleading\"\" is the use of \"\"across the word\"\" instead of \"\"across Europe\"\".\""}
{"_id": "214108", "title": "", "text": "We will ignore the fact that insurance companies are making record profits since the ACA, are not allowed over 10% profit, which they don't hit, and are only pulling out of markets because they want MORE money in the coffers at the end of the year, not because it will bankrupt them to stay in. You're right, lowering investments from not dumping as much dividend gains back into it, and taxing them in them will make them not lower premiums, you know, seeing as they reach that 10% anyway."}
{"_id": "214110", "title": "", "text": "\"I'd imagine they would find something wrong like \"\"too many choices are confusing to the consumer\"\".  Last year at&amp;t along with Verizon spent $20.2 million and &amp; $15.7 million respectively on lobbying and are very aggressive in creating an unfair market place in which only they can afford to play in.   As one of the examples is http://www.dslreports.com/shownews/Verizon-ATT-Lobby-to-Weaken-FCC-Spectrum-Authority-118302.  I was pleasantly surprised however when the tmobil at&amp;t merger was blocked.\""}
{"_id": "214126", "title": "", "text": "\"Based on your information...  The house is $130,000 all in (this might not be the case)  Your payment term is 30 years.  Your interest rate is about 7.35%.  Your payments are about $895.66  Your total payments will total $322,438.95  That's not a very good interest rate for a mortgage, but this might be due to poor credit or limited credit history, too low income, or too much home value being financed (or a combination of the above and other factors).  Northern Alabama may not specifically be higher interest rate: it might, honestly, just be you.  The reason that you're paying $320,000 is that you're taking $130,000 from a bank and promising to pay it back with interest. Keep in mind, that's over *thirty years.* That's a LONG time. And the bank needs to earn enough interest to combat inflation (roughly 2% annually, generally). During that time, the bank *can't* invest that money elsewhere, return it to depositors, etc.  A good rule to keep in mind is the \"\"rule of 72.\"\" It's a simple trick to determine, based on an interest rate, how quickly the value of something will double (in this case, the value of your loan payments). If your interest rate was exactly 7.2%, this method would calculate 10 years until doubling.   In your case, 72 / 7.35 = 9.7959 years.   Now, you're paying off your loan simultaneously, which lowers your interest over time, so your payments total 2.48x of loan value at origination. That still sucks, but remember, it's over a loooooooooooooooooooooooooooooooooong time.\""}
{"_id": "214139", "title": "", "text": "\"American Express was originally a mail business that moved into money-orders. Traditionally their cards have been charge cards instead of a credit card (though they have credit products now as well). They've been marketed specifically as a \"\"premium\"\" product for people who have a significant amount of money (and are willing to pay a significant fee for premium services such as AmEx's good airline miles). As such, Visa and MasterCard are more widespread. Additionally, the fees that Visa and MasterCard charge merchants are typically lower (Wikipedia says 2%, as compared to AmEx's 2.5%, at least in the US). So: American Express gets less business as a company, but they charge higher fees to make up for it. Merchants will only accept the higher fees when they want to serve people who have a lot of money to spend (or if they can negotiate a discount).\""}
{"_id": "214143", "title": "", "text": "\"You're getting paid by the job, not by the hour, so I don't see why you think the employer is obligated to pay you for the drive time.  The only way that might be true, as far as I can see, is if he were avoiding paying you minimum wage by structuring your employment this way.  It looks like to me you're over the minimum wage based on what you wrote.  At maximum \"\"unpaid\"\" drive time (59 min each way) and maximum length of job (4 hours as you stated it), gives your minimum hourly rate of $8.83/hr. The federal minimum wage is currently $7.25/hr, so you're over that.  A quick search online suggests that NV does have a higher minimum at $8.25/hr under some conditions, but you're still over that too. The fact that you're required to pick-up the helpers and that you have a company car at home probably does mean that you're \"\"on the clock\"\" from the moment that you leave your house, but, again, you're not actually being paid by the clock.  As long as no other law is being broken (and it appears from your telling that there isn't), then the employer can set any policy for how to compute the compensation that he wants. Regarding taxes, the employer probably has no discretion there.  You're making what you're making, and the employer needs to tax it in total.  Since you're driving a company vehicle from home, I don't think that you're entitled to any reimbursement (vs. wages) that would not be taxed unless maybe you pay for gas yourself.  The gas money, if applicable, should be reimbursable as a business expense and that generally would not be taxed.\""}
{"_id": "214173", "title": "", "text": "\"Hello!  First of all, I think it's great you're asking the community for help.  Asking for help when you need it is a sign of strength and self-awareness of your own limitations (which we all have, even the smartest business people ask questions, in fact they ask the most questions).  I'm wrapping up year 2 of doing what you're trying to do and am finally seeing real traction. I am a bit older than you and started out on my own 7 years after grad school, but I have learned a lot and don't mind sharing.  Here's some things you might find useful.  * Never work for free (working for \"\"equity\"\" or working for \"\"exposure\"\" is working for free).  People who offer you this because you're just starting out are parasites looking to sell your talents but not pay for them.  The only thing you can take away from attempts to do this is that your talents are in demand, which is good!    * Never sell yourself short: would you rather do 10 websites for a $1000 each or do 1 website for $10000?  You'll be doing a lot of projects in the middle, but one very important thing to bear in mind is that one $10000 website is a lot less work and may make you the same amount of money (or more) overall.  * In the beginning, maybe you think you need to build a portfolio. But you'd be surprised how many prospects don't care what's in your portfolio and in fact never look at the portfolio, which leads me to the most important bit of advice:  * Learn to sell yourself.  YOU are your company's first and main product.  Learn to sell yourself (as the smart kid, future Fortune 500 CEO who stays up all night getting things done, etc)  * Always aim high in your proposals.  You'd be surprised how many people don't negotiate at all.  That being said, always put something in your proposal that is a good idea but it beyond what their asking for.  If they ask you to come down in price, remove this feature and come down a little bit.  * Develop an ability to read how interested a prospect is in your services before you spring the price on them.  At your age, I was waiting tables.  This helped me to be able to read a customer to determine which waiter they wanted me to be: the attentive one, the high class one, the friend, or the quiet servile.  Consider taking on a side job to help you develop this skill.  * As I said above, some prospects will sign on the line without negotiating.  You might even take two proposals with you into a meeting with a prospect, one priced high and one low, and present the version that matches their interests.  Go high if they need something \"\"right now\"\".  * Remember you are your company's first product.  This means also that your time is the company's first commodity.   Be open to other things.  I have a background in mathematics and am most capable as a software developer and a web developer.  But I also help other companies sell and support physical products not at all related to technology.  Because it's highly profitable, I do it.  * When you're a one person business selling your time at the highest price is the name of the game.  But growing your business will require the help of others.  I found it helpful to first network with other like minded people and split project money according to skill level and time commitment on a per project basis.  This will allow you to take on bigger projects.    * But growing the company will eventually require you to hire (or contract) someone at a far lower pay rate than what you're bringing in.  The laws of supply and demand require you to do this as a business person if you're to grow the business (so that the business has money beyond what you're being paid). This is where the extra money comes from: selling the time of others at a higher price than you're paying them.  Be conscious of this.  Everyone you work with is not going to be your friend.  * Make your website awesome.  It doesn't have to be a work of art, but let it reflect the seriousness with which you approach your customers' projects.  Make sure there are no grammatical errors.  Find a website of someone highly successful who's doing what you're doing and emulate it.  You don't have to have a portfolio starting out.  Your website is your first portfolio item, and if it's awesome, prospects will think you'll do the same for them.  Good luck!  I'm sure I'm not the only one here who thinks your early developed entrepreneurship is going to take you far.\""}
{"_id": "214174", "title": "", "text": "\"A Roth IRA is simply a tax-sheltered account that you deposit funds into, and then invest however you choose (within the limits of the firm you deposit the funds with). For example, you could open a Roth IRA account with Vanguard.  You could then invest the $3000 by purchasing shares of VOO, which tracks the S&P 500 index and has a very low expense ratio (0.04 as of last time I checked).  Fidelity has a similar option, or Schwab, or whatever brokerage firm you prefer. IRAs are basically just normal investment accounts, except they don't owe taxes until you withdraw them (and Roth don't even owe them then, though you paid taxes on the funds you deposit).  They have some limitations regarding options trading and such, but if you're a novice investor just looking to do basic investments, you'll not notice.   Then, your IRA would go up or down in value as the market went up or down in value. You do have some restrictions on when you can withdraw the funds; Roth IRA has fewer than a normal IRA, as you can withdraw the capital (the amount you deposited) without penalty, but the profits cannot be withdrawn until you're retirement age (I won't put an actual year, as I suspect that actual year will change by the time you're that old; but think 60s). The reason not to invest in an IRA is if you plan on using the money in the near future - even as an \"\"emergency fund\"\".  You should have some money that is not invested aggressively, that is in something very safe and very accessible, for your emergency fund; and if you plan to buy a house or whatever with the funds, don't start an IRA.  But if this is truly money you want to save for retirement, that's the best place to start. **Note, this is not investment advice, and you should do your own homework prior to making any investment.  You can lose some or all of the value of your account while investing.\""}
{"_id": "214179", "title": "", "text": "Dit zijn slechts enkele van de voordelen die u kunt genieten na aankoop van een waterkoeler voor uw kantoor. Een koeler zorgt ervoor dat het welzijn van werknemers wordt gewaarborgd, dat is een van de essenti\u00eble punten om het gladde dagelijkse proces en de maximale productiviteit te waarborgen."}
{"_id": "214194", "title": "", "text": "We put our fund in a local credit union that we only use for the emergency fund. We have a savings account that sweeps all funds into a 6 month CD that automatically renews upon maturity. We pretty much don't think about it, and make a deposit with our excess savings after we pay our property taxes in January and school taxes in September. Why? When my wife and I set it up the emergency fund, the purpose is to have a cushion against emergencies, not earning money or having convenient access. We wanted access to the money to be onerous enough that neither one of us could pull money out of without calling someone or driving over to the branch. We even opted not to take an ATM card. In the event that we need the money, we can terminate the CD early and pay a 3 month interest penalty. With $10k, that translates to about $25."}
{"_id": "214195", "title": "", "text": "\"It isn't an edge janitor.  As a whole, BART employees vastly better compensated than private industry.    http://blog.vctr.me/bart/  It's noble that you desire a \"\"fair wage\"\" for every worker but that's not how this works.  The role of the business is to earn profit and return money to the shareholder.  There is no corporate doctrine advocating that compensation must be equal or somehow divided.  The janitor doesn't need $100k/year -- he needs affordable housing.  But efforts like that are stymied by public unions sucking up undue compensation that would have been better invested in a public-private trust for affordable housing construction.  Even Zuckerberg, arguably the biggest liberal in town doesn't implement your \"\"fair wage\"\" system -- why?  Because he runs a private corporation and has to answer to share holders.  Watch a companies profits plunge and hard decisions be made -- if it's a bonus for your in-demand finance or engineers or a $100k salary for the janitor I think you know what will take precedence.  Companies make these decisions every day.    Back to the root issue.  My argument is that public transportation by rail can be a real money loser, even in a dense urban setting like SF Bay.  The only way to fix BART is to starve the beast but bay area voters see the system through rose-tinted glasses and fail to do.  Counties should privatize the system, disband the public union and cut labor costs by 50% so that taxpayer subsides aren't required to maintain a system that takes in $6B over 10 a ten year timespan.\""}
{"_id": "214210", "title": "", "text": "Exactly, this doesn't really hurt big pharma, just gives them another wholesaler to sell to.  However, if Amazon can exert some sort of pressure on the manufacturers to lower their prices (in a Wal-Martesque manner) then perhaps Amazon can offer pharmaceutical products at a lower price than other wholesalers to pharmacies."}
{"_id": "214215", "title": "", "text": "&gt;The assumption that most of the jobs will be automated doesn't necessarily imply that automation leads to job loss.  That's the problem. Apparently, it does. Every job can be replaced with a new software. Again, short-term there it might not be noticable, but in few decades, there is a high possibility of most jobs being replaced. But this is not the question, the question is, how would businesses make money in case everyone was replaced with a software."}
{"_id": "214217", "title": "", "text": "I was going to comment on the commission-free ETF answer, which I agree with, but I don't have enough reputation. TD Ameritrade has a list of commission-free ETFs and has no minimum deposit required to open an account. Another idea is to keep gifts in cash until a certain threshold is reached. For instance, $100 for birthday, $100 for Christmas, $100 for next birthday, $100 for next Christmas, now execute the trade. Sharebuilder has $4 scheduled trades, so you'd be at about 1% overhead for that. If other people give money, you'll reach the threshold faster of course. For what it's worth, I do something similar for my 2 nieces. I combined their account and prepay Christmas plus birthday, so I do 1 trade a year. I have my account at Sharebuilder because my idea predated the commission-free ETFs that are now pretty popular. I should really transfer the account... hm."}
{"_id": "214229", "title": "", "text": "not a chance. imagine how this could be abused. US stock exchanges rarely ever do any reversing of transactions. theres a million different ways the market can take your money. a loss from a typo is nothing special. its a mismanagement just like any other loss or profit for others."}
{"_id": "214235", "title": "", "text": "The benefits of more vegetation will be cancelled out by more superstorms, disappearance of islands &amp; coastlines, the eventual submergence of large areas of land like India/China region, and likely shifts in ocean currents which may upend a significant portion of life in the seas.  So yes, change is coming, some positive, even more negative, but I just don't really see how you're defending the OP to this comment thread."}
{"_id": "214248", "title": "", "text": "\"I live near historic Concord, Massachusetts, and frequently drive past Walden Pond. I'm reminded of Henry David Thoreau's words,  \"\"Simplify, simplify, simplify.\"\" In my opinion, fewer is better. 2 checkbooks? I don't see how that makes budgeting any easier. The normal set of expenses are easily kept as one bucket, one account.  The savings 2&3 accounts can also be combined and tracked if you really want to think of them as separate accounts.  Now, when you talk about 'Retirement' that can be in tax-wise retirement accounts, e.g. 401(k), IRA, etc. or post tax regular brokerage accounts. In our situation, the Schwab non-retirement account was able to handle emergency (as money market funds) along with vacation/rainy day, etc, in CDs of different maturities. As an old person, I remember CDs at 10% or higher, so leaving money in lower interest accounts wasn't good. Cash would go to CDs at 1-5 year maturities to maximize interest, but keep money maturing every 6-9 months.  Even with the goal of simplifying, my wife and I each have a 401(k), an IRA, and a Roth IRA, I also have an inherited Roth, and I manage my teen's Roth and brokerage accounts. That's 9 accounts right there. No way to reduce it.  To wrap it up, I'd go back to the first 4 you listed, and use the #4 checking attached to the broker account to be the emergency fund. Now you're at 3. Any higher granularity can be done with a spreadsheet.  Think of it this way - the day you see the house you love, will you not be so willing to give up that year's vacation?\""}
{"_id": "214264", "title": "", "text": "I believe it is because you can withstand a loss in your early life better than you can in your retirement. If you lose 25% in your 20s it is a lot less than 25% in your 60s. You, hopefully earn more in your 60s and you have a lot more already in the bank in your 60s."}
{"_id": "214266", "title": "", "text": "I was saved when I prevented myself from being brainwashed from a pack of people who seem to think conditional ideals, based on mans logic, are truly of of God.  The only person who can save would be God himself for if we take it upon ourselves to declare that we are safe and demean others who we pass judgement on, then consider them dammed, we will become our own false god.  Express lane to hell on that."}
{"_id": "214281", "title": "", "text": "NO. All the leveraged ETFs are designed to multiply the performance of the underlying asset FOR THAT DAY, read the prospectus. Their price is adjusted at the end of the day to reflect what is called a NAV unit. Basically, they know that their price is subject to fluctuations due to supply and demand throughout the day - simply because they trade in a quote driven system. But the price is automatically corrected at the end of the day regardless. In practice though, all sorts of crazy things happen with leveraged ETFs that will simply make them more and more unfavorable to hold long term, the longer you look at it."}
{"_id": "214283", "title": "", "text": "I'm not sure, but I think the monetary system of Second Life or World of Warcraft would correspond to what you are looking for. I don't think they are independent of the dollar though, since acquiring liquidity in those games can be done through exchange for real dollars. But there can be more closed systems, maybe Sim type games where this is not the case. I hope this helps."}
{"_id": "214292", "title": "", "text": "&gt;but it sounds like you know we won't be better off, but want it anyway, just because you don't want other people to get a better deal than you.  Most people drive less than me. I wouldn't be getting a better deal than most other people. Most other people would actually get a better deal than me in a private road system. Right now, I'm one of the one's benefiting from the system we have.  &gt;I don't think it is irrelevant. If everyone is better off working together why not work together?  It's irrelevant to me because I don't think the Federal government should do anything beyond protect your basic rights. I'd gladly pay more because I'm choosing to pay more than be forced to pay simply because the government taxes me."}
{"_id": "214296", "title": "", "text": "Here is one the links for Goldmansachs. Not to state the obvious, but most of their research is only available to their clients. http://www.goldmansachs.com/research/equity_ratings.html"}
{"_id": "214309", "title": "", "text": "I apologize to you too :) the first comment I made I thought was pretty funny so I felt a little surprised when I saw it the next day.   Yeah, China has improved and most people who have office jobs or are small business owners play. Apple actually tried to use the hunger tactic of selling iPhones, they would release them in every country then finally starve china so when it's released everyone flocks. Then Chinese people mini revolted and apple lost like 2 billion or smt, and had to apologize. Mob rule is pretty powerful sometimes ;)  Where in Australia did you live? I was in the Gold Coast before also moving to the states."}
{"_id": "214322", "title": "", "text": "Doesn't mean this user isn't right. My experiences in all stores lead me to believe that everyone in the business is freaking out. They are all trying to use data science to generate reliable sales. Costco is determined to fuck you over with their science. They have algo that says if you buy LMN there is a 90% probability you will by P and therefore we can rip you off on P. Don't forget most retailers know who you are know and they know when you visit and what you bought and for how much. I predict within 5 years the only thing sold on stores will be stuff with a very inelastic demand curve that you need right now. And can't wait a day for it to come in the mail."}
{"_id": "214340", "title": "", "text": "I'm honestly not well versed on healthcare ETFs. I have seen a few mentioned here and there on various threads around /r/investing and /r/wallstreetbets. My pro-Vanguard bias would lead me to looking most closely at VHT, but there seem to be [many other great looking picks](http://etfdb.com/type/sector/healthcare/) out there such as IBB, XLV, and IHI, among others. Right now I am generally concerned about valuations in technology and perhaps simply in general, but we'll see what happens.  As I craft my goals for the near and long term, I would favor the defense industry ($ITA), technology (broad definition -- $VGT, $V, $AAPL, $BABA, various video games companies short term), healthcare (above), some specific international exposure (such as $EWGS), and boring stuff ($VOO, $VTI)."}
{"_id": "214348", "title": "", "text": "[Here's](http://www.macrotrends.net/1369/crude-oil-price-history-chart) what I found. I think the gist of it is that because we've invested so heavily in pumping domestic oil in North America, it's lowering worldwide demand. Countries that rely really heavily on oil revenues, like Russia, Venezuela, Libya, Saudi etc., suffer when oil prices drop."}
{"_id": "214352", "title": "", "text": "&gt;There are a lot of repeats of good old programs - these are what I watch - not anything new . I usually watch programs that are 15 to 25 years old . Trouble is that I have often already seen them .  the trick is to go farther back. Well things might be different in the UK. The US is a TV waist land. I've gotten hooked on the old Perry Mason shows recently. Black and white. Always did like Raymond Burr.   http://xfinitytv.comcast.net/tv/Perry-Mason/97361/full-episodes#episode=Video-1463632165"}
{"_id": "214358", "title": "", "text": "Here is a quote from the IRS website on this topic: You may be able to deduct premiums paid for medical and dental   insurance and qualified long-term care insurance for yourself, your   spouse, and your dependents. The insurance can also cover your child   who was under age 27 at the end of 2011, even if the child was not   your dependent. A child includes your son, daughter, stepchild,   adopted child, or foster child. A foster child is any child placed   with you by an authorized placement agency or by judgment, decree, or   other order of any court of competent jurisdiction. One of the following statements must be true. You were self-employed and had a net profit for the year reported on   Schedule C (Form 1040), Profit or Loss From Business; Schedule C-EZ   (Form 1040), Net Profit From Business; or Schedule F (Form 1040),   Profit or Loss From Farming. You were a partner with net earnings from self-employment for the year   reported on Schedule K-1 (Form 1065), Partner's Share of Income,   Deductions, Credits, etc., box 14, code A. You used one of the optional methods to figure your net earnings from   self-employment on Schedule SE. You received wages in 2011 from an S corporation in which you were a   more-than-2% shareholder. Health insurance premiums paid or reimbursed   by the S corporation are shown as wages on Form W-2, Wage and Tax   Statement. The insurance plan must be established, or considered to be   established as discussed in the following bullets, under your   business. For self-employed individuals filing a Schedule C, C-EZ, or F, a   policy can be either in the name of the business or in the name of the   individual. For partners, a policy can be either in the name of the partnership or   in the name of the partner. You can either pay the premiums yourself   or your partnership can pay them and report the premium amounts on   Schedule K-1 (Form 1065) as guaranteed payments to be included in your   gross income. However, if the policy is in your name and you pay the   premiums yourself, the partnership must reimburse you and report the   premium amounts on Schedule K-1 (Form 1065) as guaranteed payments to   be included in your gross income. Otherwise, the insurance plan will   not be considered to be established under your business. For more-than-2% shareholders, a policy can be either in the name of   the S corporation or in the name of the shareholder. You can either   pay the premiums yourself or your S corporation can pay them and   report the premium amounts on Form W-2 as wages to be included in your   gross income. However, if the policy is in your name and you pay the   premiums yourself, the S corporation must reimburse you and report the   premium amounts on Form W-2 as wages to be included in your gross   income. Otherwise, the insurance plan will not be considered to be   established under your business. Medicare premiums you voluntarily pay to obtain insurance in your name   that is similar to qualifying private health insurance can be used to   figure the deduction. If you previously filed returns without using   Medicare premiums to figure the deduction, you can file timely amended   returns to refigure the deduction. For more information, see Form   1040X, Amended U.S. Individual Income Tax Return. Amounts paid for health insurance coverage from retirement plan   distributions that were nontaxable because you are a retired public   safety officer cannot be used to figure the deduction. Take the deduction on Form 1040, line 29."}
{"_id": "214371", "title": "", "text": "Give it time. Soon, other countries won't be able to have flights to the US unless people are pre-screened by the TSA agents in the departing country just past customs.  Considering all the other expansions the TSA is doing, I have no doubt they'll try.  And I have no doubt more than a few countries will go along.  It wouldn't surprise me if the TSA screened people from the other countries after they got off the plane. You know, so they can figure out if you *were* going to blow up the plane."}
{"_id": "214408", "title": "", "text": "How about stopping the board of directors and CEO's from doing billions of dollars worth of share buybacks so that employees can be lifted out of poverty by paying them literally $10,000+ more!    ex 1)  Amazon: $5 billion in share buybacks, 340,000 employees = ~$14,000 per employee  ex 2) Wal-Mart: $20 billion in share buybacks, 2.2 million employees =~$9,000 per employee  ex 3)  Mdconalds:  20 billion in share buybacks, 1.5 million employees = ~$13,000 per employee  So tell me again how much these companies cannot afford to pay their employees."}
{"_id": "214431", "title": "", "text": "Need an ambience where you can meet your team mates and have some brainstorming sessions but cafes don\u2019t fit your bill? Or perhaps looking for a professional meeting room where you can network and collaborate with your prospective clients but can\u2019t afford to enter into contractual leasing obligations?"}
{"_id": "214446", "title": "", "text": "R = I ^ P R = return (2 means double)  I = (Intrest rate / 100) + 1 [1.104 = 10.4%] P = number of periods (7 years)  2 = 1.104 ^ 7 (you double your money in seven years with a yearly Intrest rate of 10.4%) I = R^(1/P) 1.104 = 2^(1/7) P = log(R) / log(I)  7 = log(2) / log(1.104)"}
{"_id": "214457", "title": "", "text": "Fair enough, either way if your skills are at the minimum wage level you should NOT be supporting a kid and a women/man. How can you expect to provide a decent life if you are making that much? No the government shouldn't force businesses to pay more, you should be earning more if you want to raise a kid and a significant other. I'm not comparing it to basic needs, I'm saying you have a CHOICE, you can choose to bring a kid into your life or not, and if you are on minimum wage it does no good for anyone, not the person earning, not the kid, not the business, no one.   Is that so hard to understand? It's economics 101, increasing the minimum wage leads to only negative consequences, and in this digital age they will be coming sooner rather than later."}
{"_id": "214458", "title": "", "text": "I'm not really sure about this site but readers should take time to look around a bit. It does seem like they are trying to telegraph some views here rather than being an unbiased economic journal.  Take it at face value if you want, just be aware of the motives of the messenger."}
{"_id": "214476", "title": "", "text": "\"Interesting question.   How is social security funded? The social security system works by using current payroll taxes as funding to pay benefits to retirees.  Historically there was always more money coming in then what was being paid out in benefits.  This changed at the beginning of March, 2010 when social security started paying out more than it was taking in (this article estimates the exact date to be around March 3 or March 4 - the chart below has the approximate date highlighted with the red circle).  Due to the baby boomer generation it is estimated that social security will now be perpetually in the red unless changes are made.  The recent reduction in payroll taxes will not help social security solvency.  What was done with all the extra money social security collected over the last three decades? The Social Security Trust Fund (SSTF) was required to purchase special-issue US government bonds with the excess funds.  The SSTF was essentially purchasing US government debt with the excess funds.  This allowed congress to spend the excess funds.  The special-issue funds are different then normal US treasuries in that the SSTF can redeem special-issue bonds at face value at any time (even before maturity).  The SSTF is currently holding $2.5 Trillion of these special-issue bonds as assets.  What next? Hell if I know.  The SSTF was a major purchaser of US debt over the last few decades (to the tune of $2.5 trillion).  That changed in 2010.  The SSTF is no longer purchasing US debt at the same time the US government is issuing record amounts of debt.  The SSTF could begin redeeming its bonds to meet payment obligations.  When it redeems the bonds the US treasury must cough up the funds.  Where is it the US government going to get the money especially when it is currently borrowing money at record levels? I read many articles that say that we don't have to count SSTF bond holdings as debt since we owe it to ourselves.  That always makes me chuckle.  The US government owes the SSTF $2.5 Trillion.  I'm not the US government so don't count me in the \"\"we\"\" part of \"\"we owe it to ourselves\"\".  I'm also fairly certain I will never see a dime of social security so don't count me in the \"\"ourselves\"\" portion either. Charts were obtained from here.\""}
{"_id": "214480", "title": "", "text": "Never trust a single source to give you a fair price, especially if they are not in competition, moreso if they know that's the case.  I would want to get a quote from at least one other broker in terms of what they feel they can sell the bonds for.  (and let them know they are not the only one you are getting a quote from)  To start with you need information, such as when is the last time a bond like the ones you have traded and what did it sell for. Also sources for where you can sell the bonds and more info on the entire subject. SIFMA (The Securities Industry and Financial Markets Association) has a pretty helpful website called InvestingInBonds.com.  I find it has a wealth of information, and is relatively free of bias. On the Municipal Markets at a Glance page you can get history for various bonds if you have the CUSIP (pronounced 'que-sip') numbers for the bonds. If these bonds are as good as the advisor is telling you they are, then they should be selling for a premium, and the recent sales history would reflect that.  I'd find one or two other potential sellers, and get prices from each of them, compare that against recent history and go with whichever one seems to be offering you the best deal. In terms of choosing someone, and how to go about selling bonds, the same website has some excellent information and guidance on buying and selling bonds and How to Choose an Investment Professional which includes how to check up on them to see if they have ever faced disciplinary action, etc..  I would also consider any gains you might have to declare if you sell these for more than face value, and if that would be taxable etc. I would also question your 'too safe' judgement.  Just because something is 'safe' I would not necessarily throw it out.  You need to look at the return relative to the risk, and if you are not investing in a tax sheltered account, the affect of taxes on your net return.  If these are earning a really good return, for fairly low risk, they might be worth keeping, especially if in today's market you need to take substantially more risk to get a comparable return.  Taking more risk to get nearly the same return isn't very wise, since an aspect of the risk is perhaps not getting any return, or losing money.   In a volatile market there can be a substantial benefit to having a lower risk 'foundation' that you build upon with more risky investments, in order to provide some risk diversity in your portfolio. You might want to consider for example how these bonds have done over the last 13 years, compared to a similar investment in the type of 'less safe' vehicles you are considering.  Perhaps you'd be better off just holding these to maturity instead of gambling on something with a lot more risk that could go south on you."}
{"_id": "214495", "title": "", "text": "My point is that the behavior described by eclipsethrow is both bad for the company and a loophole that many parents find too tempting not to abuse.  &gt; Obviously the best possible solution is for the government to pay people to raise their kids at home  This isn't how it works in Europe - the parents share a number of days (about a year all together) that usually is devoted to infant care. If everyone agrees that child-rearing needs to be done, people are away from work an amount of time they declare several months in advance, and are in &gt;90% of the cases very interested in going back to work and making themselves useful."}
{"_id": "214499", "title": "", "text": "I am a huge fan of jim Cramer and while you may not get CNBC in Australia you can prolly catch jim cramers podcasts If you have an iPod or iPhone which really will help your financial literacy a bit.  Here's my advice . Set up a IRA or tax advantaged accounts if they exist in Australia (sorry I only know usa markets really well).  Then you can pick investments to go in there or in a different investment account. I am a huge fan of index funds in particular Etf index funds because they are still very liquid. I prefer the free or no commission funds by Charles scwabb but vanguard is also very good or maybe even better. A few great funds are the vanguard total stock market fund (it invests in every company in the world) and any fund that mirrors the s&p 500 or the Russell 2000 midcap.  Another good idea just to make room to save money is make a budget with your wife. I like the other post about planning in reverse . Setting up a budget to see your expenses and then make automatic pay dedications that go into savings or different accounts for savings."}
{"_id": "214500", "title": "", "text": "It may be helpful to have a few pitches prepared just in case.This is helpful because you may be articulating your groups investment thesis or even originating ideas at some point.  * Company-Industry  * Elevator pitch... * Why it's the best in the Peer group. * Why this pitch is novel. * Why the financials make sense. * Entry/Exit. * +s/-s."}
{"_id": "214509", "title": "", "text": "\"&gt; Couple things, I will admit I was wrong about the total graduates at each of those programs; however, numbers taper out the lower the program is down to about 250-300 a class. Also, cut each of those numbers down to about 1/2 - 1/3 and you get the group that's actually focused on finance. Many MBAs do consulting, marketing, product development, etc nowadays.  Agreed, you also have to remember many of those MBA's are the ones that move on to get CFA charterholder as an emphasis on quantitative.  &gt; Also I'm a bit offended by you saying I don't understand the CFA. Couldn't be more mistaken boss, I'm siting for L3 in June like you.   Then you should clearly understand where L2 and L3 diverge from the \"\"memorize and regurgitate\"\" that you labelled it as.  &gt; The requirement is only 2 years in an \"\"investment decision\"\" role, this also means A LOT of back office risk guys qualify. That's a pretty fungible qualification, you don't have to be a PM to qualify. I have a buddy who qualified having done 2 years in fund accounting, not exactly sell-side ER.   Um.... It's most certainly [4 years](http://www.cfainstitute.org/mycfa/candidate/membership/Pages/index.aspx) of qualified work exp.  &gt; To become a regular member, you must have completed four years (48 months) of qualifying work experience in activities that consist to a majority extent of:   &gt; At least 50 percent of your work experience must be:  Directly involved in the investment decision-making process  Engaged in responsibilities and/or producing a work product that informs or adds value to that process   We just had a middle office colleague pass his L3 and get denied his years as a qualifying role.  CFAI is moving towards a more strict criteria for qualified roles.    &gt; I'm also going to guess you're a trader/brokerage/Cap Markets guy? If you wanna throw titles around I'm in a front office role at a BB, too, and worked at worked on buy-side research at a &gt;$150bn value shop. CFA is definitely more desired in sell-side markets focused as opposed to IBD where an MBA is more useful (more strategy focused).  Not throwing titles around.  Simply informing you that my perspective (unlike 90% of the people in this subreddit) is from a real world environment.  CFA's are more desired and less common than MBA's in the capital markets roles and portfolio mgmt (BB's and the street based HF's).  Large part of this is due to the associate rotational programs that most IB's employ for newly grad MBA's.  This over saturates the job market for front office with MBA's (as opposed to BS w/ CFA's).  Might I also add, at this point you're clearly diverging from the original discrepancy we had... where I said MBA's are dime a dozen and CFA's are far less common.  &gt; The CFA is vital for boning up on quantitative skills an MBA won't cover, I'll absolutely give you that. But a lot of people fall into the trap of assuming a CFA is their ticket to bigger and better things. If you're working in back office risk management, getting a CFA doesn't immediately qualify you to do ER (which is a VERY common pitfall I see). Like an MBA it teaches everyone how to do the same type of analysis, too (another reason the title means less and less).  Never argued that it wasn't.  Just like any education, it simply gives you the foundation of knowledge to be successful.  It doesn't teach you how to think.  Neither does a MBA.  It teaches you the nitty gritty details but you still have to hold the capacity for outside the box critical thinking as well.  I'd disagree in that it teaches you the same analysis as someone else.  It may teach the same formulas but I find it as emphasizing teaching what the indicators mean rather than how to use them in your analysis.  It leaves it up to you to use the calculations to form your own perspective.  PS... for the most part, MBA's in ER is becoming more and more uncommon.  Research roles (especially in the BB) are becoming more and more focused on people with hard science backgrounds (ms econometrics, comp sci, phd in theo phys, mathematics, etc).  &gt; Last weekend I had a conversation with a friend of a friend about this very thing! He's sitting for L3 CFA, works back office at a very notable HF, and expects to be moved up (without any indication that he will) to research when he's done. I asked his opinions about things like the European situation, fiscal cliff, and a hard landing in china. Not only was he not familiar these concepts he didn't even know what HFT was. The CFA gives you the tools to analyze the impacts of pension liabilities on EPS, but it still takes a passion about the markets, as well as creative/analytical judgement, to make it to ER.  I agree.  Just like an MBA though, it's what you make of it.  If you don't invest your time in understanding and following the markets, you can graduate with a MBA or a CFA and you still won't be qualified.  Just a heads up... ER is not the holy grail of CFA candidates... I don't know what mislead you to that perception but ER is actually a dying market and certainly not one that the front office people I know want to move towards.  &gt; My only point is an MBA and CFA are very similar in many ways.   Yep.  Both are certifications of certain skill sets.  &gt; Both tend to hold their noses way to high, too.   Arrogance is a part of this industry.  It's a testosterone fueled, do or die, competitive market.  If you can't stand it, then bail out now...  &gt; It's about what you chose to get out of it and too often people care more about the title than the process, which is why they are still stuck in mediocrity after completing the designations.  Which is true regardless the MBA or CFA.  People get both and are incompetent.  The title is a tool to open opportunities and educate you in a specialized manner (with the CFA being even more specialized than MBA's).  Once again... You have fully deviated from your original point of trying to say CFA charterholders are more common and less valuable than MBA's.  The bottom line is there are 100,000 total charterholders in the world (according to the CFAI).  Fewer than half of which are located in the US.  That is 10-20 years worth of MBA target school grads and doesn't take into consideration the number of MBA's that pursued CFA's nor the number of CFA Charter holders that have gone on into academia (a much larger number of CFA's move into academia than target school MBA's)... not to mention the total number of MBA's that have worked their way into roles over the years.  I can guarantee there are more MBA's than that in this industry.  The BB's alone employ upwards of 1.1 million.  To say that less than 5% of those employed at BB's hold a MBA is absurd... even for back office standards.\""}
{"_id": "214518", "title": "", "text": "\"It is likely a scam.  In fact the whole mystery shopping \"\"job\"\" may be a scam.  There is a Snopes page about cashier's check scams, as well as a US government page which specifically mentions mystery shopping as a scam angle. As for how the scam works, from the occ.gov site I just linked: However, cashier\u2019s checks lately have become an attractive vehicle for fraud when used for payments to consumers. Although, the amount of a cashier\u2019s check quickly becomes \"\"available\"\" for withdrawal by the consumer after the consumer deposits the check, these funds do not belong to the consumer if the check proves to be fraudulent. It may take weeks to discover that a cashier\u2019s check is fraudulent. In the meantime, the consumer may have irrevocably wired the funds to a scam artist or otherwise used the funds\u2014only to find out later, when the fraud is detected\u2014that the consumer owes the bank the full amount of the cashier\u2019s check that had been deposited. It is somewhat unusual in that, from what you say, there has been no attempt thus far to get money back.  However, your sister-in-law may have received that info separately, or received it as part of her mystery shopping job but didn't mention it to you with regard to this check.  Typically the scam involves telling the recipient to transfer money to a third party (e.g., by buying goods as a mystery shopper, or via wire transfer to \"\"reimburse\"\" someone associated with a sham operation).  By the time the cashier's check is revealed as fraudulent, the victim has already transferred away his/her own real money. It's probably worth taking the check to your or her bank and asking them about it.  They may have more info.  Also, banks usually want to know about scams like this because, in the long run, they accumulate data on them and share that with law enforcement and can eventually catch some of the scammers. Edit: Just to help anyone who may be reading this later.  The letter you added confirms it is absolutely a scam.  My boss was once contacted via a scam operation very similar to this.  The huge red flag (in addition to others already mentioned) is that you are being \"\"given\"\" a check for over $2000, of which only $25 is purportedly for actual mystery shopping and $285 is payment for you, the mystery shopper.  The whole rest of the $2000+ amount is for you to wire to \"\"another Mystery/Secret Shopper in order for them to complete their assignment\"\".  They are giving you $2000 to give to someone else who is supposedly another one of their own employees/contractors.  Ask yourself what sane business would conduct their operations in this way.  If you work at a law office, or a hamburger stand, or a school, or anything you like, does your boss ever say \"\"Here is your paycheck for $5000.  I know you only earned $1000, but I'm just going to give you the whole $5000, and you're supposed to use $4000 of it to pay your coworker Joe his wages.\"\"  No.  There is no reason to do that except that the \"\"other mystery shopper\"\" is actually the scammer.\""}
{"_id": "214519", "title": "", "text": "Sure, its worth something.  For example, not being able to speak freely would appear to devalue the wedding package this hotel offers.  Another way being able to speak freely is worth something is when you get sued for libel.  You can speak your mind, then pay the price to the lawyers and the court if what you said construed libel."}
{"_id": "214522", "title": "", "text": "\"Because they track an index. Edited: The definition of the word in this case meaning \"\"something used or serving to point out; a sign, token, or indication\"\" from Meaning  #3 I presume therefore you are asking what an index is? There are many variations of what makes up an Index but in short it is a representation of some part of a market. An extremely simplistic calculation would be to take a basket of stocks, and sum their prices.  If one stock moves up a dollar, and one moves down a dollar, the index has effectively not changed, as it is presumed that the loss in one is offset by the gain in the other.\""}
{"_id": "214530", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/SubredditDrama] [No soy here; 100% pure USDA drama in discussion of fast food burgers](http://np.reddit.com/r/SubredditDrama/comments/2cqjal/no_soy_here_100_pure_usda_drama_in_discussion_of/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "214541", "title": "", "text": "Your role sounds like accounting/bookkeeping. I worked in fp&amp;a for a REIT and my job was to forecast cash flows and support development managers who wanted to pitch projects to senior management. Occasionally, I helped analyze new acquisitions and every quarter we had to do valuations for covenant compliance on our loans.  Was a cool job but eventually left for capital markets role."}
{"_id": "214542", "title": "", "text": "\"Even though \"\"when the U.S. sneezes Canada catches a cold\"\", I would suggest considering a look at Canadian government bonds as both a currency hedge, and for the safety of principal \u2014 of course, in terms of CAD, not USD. We like to boast that Canada fared relatively better (PDF) during the economic crisis than many other advanced economies, and our government debt is often rated higher than U.S. government debt. That being said, as a Canadian, I am biased.  For what it's worth, here's the more general strategy: Recognize that you will be accepting some currency risk (in addition to the sovereign risks) in such an approach. Consistent with your ETF approach, there do exist a class of \"\"international treasury bond\"\" ETFs, holding short-term foreign government bonds, but their holdings won't necessarily match the criteria I laid out \u2013 although they'll have wider diversification than if you invested in specific countries separately.\""}
{"_id": "214552", "title": "", "text": "\"In futures, once you have established your position, you will earn or lose money depending on what the underlying does.  Theoretically, if you had no stop, you could lose far more than you invested.  An option will slowly lose all its value if the stock does not rise (assume it is out of the money when purchased).  Depending on the strike, it could rise substantially and you'd still lose all your money.  But you can't lose more than you put in.  So options have limited risk compared to futures, at the expense of a decaying \"\"time value\"\" that you will effectively be paying while holding the option.\""}
{"_id": "214562", "title": "", "text": "Mervis Diamond is a family business specializing in diamond engagement rings and other fine diamond jewelry with a goal to augment life's special moments with high quality pieces that last a lifetime.Their diamonds come with a certificate of their value. Finding your perfect piece of diamond can be a blissful and hassle-free experience with them."}
{"_id": "214571", "title": "", "text": "Thanks for the advice. I will look into index funds.   The only reason I was interested in this stock in particular is that I used to work for the company, and always kept an eye on the stock price. I saw that their stock prices recently went down by quite a bit but I feel like I've seen this happen to them a few times over the past few years and I think they have a strong catalogue of products coming out soon that will cause their stock to rise over the next few years.   After not being able to really understand the steps needed to purchase it though, I think I've learned that I really don't know enough about the stock system in general to make any kind of informed decisions about it and should probably stick to something lower-risk or at least do some research before making any ill-informed decisions."}
{"_id": "214588", "title": "", "text": "Shavers and Razors provides genuine and fresh takes on the best electric shavers money can buy! Whether you're looking for ideas for beard styles or you want that new Braun Series 7 and you're not sure if it's worth the money. ShaversandRazors.com will help you find the best electric shavers and beard trimmers for you! Learn more about their exclusive Amazon discount specials on Philips Norelco Sensotouch 3d and more!"}
{"_id": "214598", "title": "", "text": "\"&gt;  In no way did I attempt to explain your experience.    &gt;  This means that cross walks are abundant, sidewalks are clean (on **the specific area I am talking about**), and it isn't littered with garbage or broken glass.  Recall my comments above \"\"They get used to walking in the street because of the poor conditions of the sidewalk. Debris, broken-glass, overgrown.\"\"  I will not that you have now added the conditional \"\"the specific area\"\".  Previously it was \"\" our city is extremely clean, the sidewalks are perfect\"\".  The conditions in the area where you drive through may not reflect the neighborhoods.    If the residents are conditioned to not walk on the sidewalk in their own neighborhood, they probably won't walk on the sidewalk elsewhere.  And if your neighborhoods are also extremely clean with perfect sidewalk, I would contend that they're not part of America's Poorer Neighborhoods.  Relevant link: (The Detroit Geographic Expedition)[http://civic.mit.edu/blog/kanarinka/the-detroit-geographic-expedition-and-institute-a-case-study-in-civic-mapping].  Specifically the map [\"\"Where Commuters Run Over Black Children on the Pointes-Downtown Track\"\"](http://www.flickr.com/photos/50628274@N00/9451562183/)  My pictures are from Detroit.  One might drive down one street [and see this view](http://i.imgur.com/LojigNi.jpg) and believe the sidewalks are fine, not realizing that [this is the sidewalk on the crossing street](http://i.imgur.com/KH2GuoG.jpg).     Edit: I took the pictures above, those are my lawn mowers and that is my car.  Edit2: Coincidentally, the lawn mower in the nasty sidewalk photo has appeared in Governing [here](http://media.governing.com/images/870*580/03_+Detroit+198.jpg).  That's not me.\""}
{"_id": "214610", "title": "", "text": "\"As I have said before on this site, I personally use Moneydance. They have Mac, Linux and Windows support, and recently added an iOS mobile version that syncs with the desktop. I have only used the Mac \"\"desktop\"\" version, and it seems to function well, but have not tried the other platforms, nor the iOS version. I have no company affiliation, but am a (mostly) happy user.  :-)\""}
{"_id": "214619", "title": "", "text": "I agree with all those points, but add them as reasoning to why I'm against the program.  I'd rather invest the money into something worthwhile, and if I die have what's there be left to my family. My family and I would be better off.  I believe that this would be true for every other individual paying into social security as well, and the great union would be better off putting that money into proper investments rather than a twisted defined benefits program."}
{"_id": "214628", "title": "", "text": "Wouldn't that cause more problems in hiring.  If small companies that can't afford a fine for not hiring the right race probably won't hire anyone at all.  Now we only have big companies that can afford a discrimination lawsuit will be able to grow.  If we want more jobs we need to make less law on hiring people not more.  Every time to add anther barrier between employers and employees we are going to get less of both.  Only the big companies that know how the systems works will win."}
{"_id": "214644", "title": "", "text": "Yeah because we really needed to sign a deal that mostly cripples our industry while allowing India/China to do nothing until 2030. And if everything was so voluntary, and none binding then what's the point of the agreement in the first place?   Also like mentioned in the other thread. China is the world's biggest polluter. What exactly kind of leadership on climate do you expect from them?"}
{"_id": "214654", "title": "", "text": "Air Con cleaning Services offers different cleaning treatments to suit your needs. They offer filter cleaning, filter treatment, and deep cleaning. Whatever you are looking for they promise to provide the service on site. The operators at Fresh Aircon Cleaning are fully certified and trained and guarantee thorough, professional and friendly service. According to their website they \u201cprovide a genuine service at a genuine price and...are fully qualified and fully insured.\u201d"}
{"_id": "214665", "title": "", "text": "If you can make all the employees feel superior in some way on a regular basis, they may start to associate feeling good with being at work. Whether they see that as humor or as inspiration, it's probably good for business."}
{"_id": "214666", "title": "", "text": "\"I've seen many Redditors school you on this over the years, and I'm not the least bit surprised you're trying it with me.   There are several first world countries with suicide rates higher than the US that have much more strict gun control than the US.   I'll take you back to your false claim that started this latest bit of trolling from you: *\"\"Gang violence makes up a relatively small portion of of gun violence\"\"*  To make that lie even worse, you're only referring to deaths. Your lie gets much much worse when gang/gun stats include drive-by's, assaults, robberies, shootings, and rapes  that didn't just involve death.   I mean, I know you're rather slow, but do you honestly believe if it doesn't involve a death, it doesn't qualify as violence?\""}
{"_id": "214669", "title": "", "text": "If you're scientific, prove that you can overcome your own confirmation bias. What evidence have you seen that *supports* the view that this blog is reliable? Can you make a good case for it, even if on balance you feel the evidence points the other direction?  This is pretty easy for a true skeptic; nearly impossible for true believers. Which are you?"}
{"_id": "214685", "title": "", "text": "\"From the IRS' website:  How many annual exclusions are available? The annual exclusion applies to gifts to each donee. In other words,   if you give each of your children $11,000 in 2002-2005, $12,000 in   2006-2008, $13,000 in 2009-2012 and $14,000 on or after January 1,   2013, the annual exclusion applies to each gift. The annual exclusion   for 2014, 2015, and 2016 is $14,000. What if my spouse and I want to give away property that we own together? You are each entitled to the annual exclusion amount on the gift.   Together, you can give $22,000 to each donee (2002-2005) or $24,000   (2006-2008), $26,000 (2009-2012) and $28,000 on or after January 1,   2013 (including 2014, 2015, and 2016). https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes Basically, this means that it doesn't matter which person it specifically comes from as it's a \"\"joint\"\" gift.  There is more complicated paperwork to fill out if the gift comes from a single check and needs to be \"\"split\"\" for taxes. Each parent would need to fill out a separate gift tax return form, essentially proving that both parents approve of the gift. It seems like it's easier if each parent writes a separate check, however it's not a requirement.\""}
{"_id": "214690", "title": "", "text": "Gifts from your parents are not treated as income for tax purposes. You should not include that in your subsidy calculation. If you are here on a student-visa and have been in the US for less than 5 years, then you are considered a non-resident alien, and you are not required to buy a qualified plan through the insurance marketplace. You might be able to get a cheaper student plan through your school, but the subsidy might be enough that it's still worth it when calculated correctly. If you are a resident-alien or you are a citizen of the US, then you are required to get coverage, though you can choose not to purchase coverage and pay the tax for not having creditable coverage. That tax cannot be collected by the IRS unless you have already had federal tax withheld. They can only confiscate your tax return money to recoup that money. I don't have enough information to recommend one way or the other what you should do, but I would bet that if you recalculated your subsidy without including your parents income it would cover the majority of the cost. You should also consider applying for Medicaid if you meet the eligibility requirements in your state."}
{"_id": "214696", "title": "", "text": "I want to eliminate government schools because it's not a proper function of government.  The government's role is to protect individual rights, not to provide crappy overpriced services that can't be opted out of.  Similarly, the government shouldn't be involved in healthcare for the same reasons. Remember, even before Obamacare, the government spent over half of all healthcare dollars, and tightly regulated the rest. What we are seeing now is government run medicine."}
{"_id": "214710", "title": "", "text": "\"I'll answer your question, but first a comment about your intended strategy.  Buying government bonds in a retirement account is probably not a good idea.  Government bonds (generally) are tax advantaged themselves, so they offer a lower interest rate than other types of bonds.  At no tax or reduced tax, many people will accept the lower interest rate because their effective return may be similar or better depending, for example, on their own marginal tax rate.  In a tax-advantaged retirement account, however, you'll be getting the lower interest without any additional benefit because that account itself is already tax-advantaged. (Buying bonds generally may be a good idea or not - I won't comment on that - but choose a different category of bonds.) For the general question about the relationship between the Fed rate and the bond rate, they are positively correlated.  There's not direct causal relationship in the sense that the Fed is not setting the bond rate directly, but other interest bearing investment options are tied to the Fed rate and many of those interest-bearing options compete for the same investor dollars as the bonds that you're reviewing.  That's at a whole market level.  Individual bonds, however, may not be so tightly coupled since the creditworthiness of the issuing entity matters a lot too, so it could be that \"\"bond rates\"\" generally are going up but some specific bonds are going down based on something happening with the issuer, just like the stock market might be generally going up even as specific stocks are dropping. Also keep in mind that many bonds trade as securities on a secondary market much like stocks.  So I've talked about the bond rate.  The price of the bonds themselves on the secondary market generally move opposite to the rate.  The reason is that, for example, if you buy a bond at less than face value, you're getting an effective interest rate that's higher because you get the same sized incremental payments of interest but put less money into the investment.  And vice versa.\""}
{"_id": "214723", "title": "", "text": "While you would reduce risk by diversifying into other stock ETFs across the world, Developed Market returns (and Emerging Markets to a lesser extent) are generally highly correlated with another (correlation of ~0.85-0.90). This implies that they all go up in bull-markets and go down together in bear markets. You are better off diversifying into other asset-classes given your risk tolerance (such as government bonds, as you have mentioned). Alternatively, you can target a portfolio owning all of the assets in the universe (assuming you're trading in Frankfurt, a combination of something similar to H4ZJ and XBAG, but with higher volumes and/or lower fees)! A good starting resource would be the Bogleheads Wiki: https://www.bogleheads.org/wiki/Asset_allocation"}
{"_id": "214724", "title": "", "text": "\"I see two important things missing from your ongoing costs: maintenance and equipment. I also don't see the one-time costs of buying and moving. Maintenance involves doing some boring math like \"\"roofs go every 20 years or so and a new roof would cost $20k, so I need $1000 a year in the roof fund. Furnaces go every 20 years and cost $5k, so I need $250 a year in the furnace fund.\"\" etc etc. Use your own local numbers for both how long things last and how much they cost to replace. One rule of thumb is a percentage of the house (not house and land) price each year keeping in mind that while roof, furnace, carpet, stove, toilets etc all need to get replaced eventually, not everything does - the walls for example cost a lot to build but don't wear out - and not all at a 20 year pace. Some is more often, some is less often. I've heard 5% but think that's too high. Try 3% maybe? So if you paid $200,000 for a $100,000 house sitting on $100,000 of land, you put $3000 a year or about $250 a month into a repair fund. Then ignore it until something needs to be repaired. When that happens, fund the repair from the savings. If you're lucky, there will always be enough in there. If the house is kind of old and on its last legs, you might need to start with a 10 or 20k infusion into that repair fund. Equipment means a lawnmower and trimmer, a snow shovel, tools for fixing things (screwdriver, hammer, glue, pliers, that sort of thing.) Maybe tools for gardening or other hobbies that house-owners are likely to have. You might need to prune back some trees or bushes if nothing else. Eventually you get tools for your tools such as a doo-dad for sharpening your lawnmower. Well, lots of doo-dads for sharpening lots of things.  One time expenses include moving, new curtains, appliances if they don't come with the house, possibly new furniture if you would otherwise have a lot of empty rooms, paint and painting equipment, and your housewarming party. There are also closing costs associated with buying a house, and you might need to give deposits for some of your utilities, or pay to have something (eg internet) installed. Be sure to research these since you have to pay them right when you have the least money, as you move in.\""}
{"_id": "214749", "title": "", "text": "You need to do the maths exactly. The cost of buying a car in cash and using a loan is not the same. The dealership will often get paid a significant amount of money if you get a loan through them. On the other hand, they may have a hold over you if you need their loan (no cash, and the bank won't give you money).  One strategy is that while you discuss the price with the dealer, you indicate that you are going to get a loan through them. And then when you've got the best price for the car, that's when you tell them it's cash. Remember that the car dealer will do what's best for their finances without any consideration of what's good for you, so you are perfectly in your rights to do the same to them."}
{"_id": "214755", "title": "", "text": "Anything over a $10,000 deposit is reported to the IRS. I'm not sure if you need to fill out a form or if the bank does it automatically. As long as it's legit I don't see that there would be any issues. The worst that would happen is somebody would have to talk to the IRS and explain that it was their money and not a  gift of some sort. Edit it is reported to the FinCEN not the IRS https://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_017.htm"}
{"_id": "214790", "title": "", "text": "Source on monetary contraction in the US over the past ten years?   CBs refer to more than just the fed. Buying means treasury yields go down which pushes investors into other asset classes. I am curious as to which asset classes would be least affected by excess liquidity in the system.   Also see the following link:  http://www.zerohedge.com/news/2017-08-09/mystery-central-bank-buyer-revealed-snb-now-owns-record-84-billion-us-stocks"}
{"_id": "214793", "title": "", "text": "&gt; Taxi regulations exist to protect the public. It's not some racket to keep people out of the market.  What makes you think that? And even if that were the case (it's not), why is the government more qualified to determine whether riding in a car is safe than the people actually choosing to ride in the cars?  &gt; Red-lining: Red-lining is where taxi companies will not server certain neighborhoods, meaning they will neither pick up nor drop off in the area.  Which is good. Externalities are widely recognized as bad, even by the most liberal and progressive economists, and this internalizes costs.  &gt; Rates: Taxi rates are typically approved by the city so that companies can't constantly change them. This is a big one as far as Uber/Lyft goes.  Customers are free to prefer companies that offer more stable prices.  &gt; Really what it comes down to is Uber/Lyft need to operate on a level playing field. They are a taxi service. There is absolutely no question about this and it isn't up for dispute.  It *is* up to dispute, and you are wrong. Read any local laws about taxis, and it will be extremely clear that Uber and Lyft are not taxis."}
{"_id": "214798", "title": "", "text": "Like @littleadv, I don't consider a mortgage on a primary residence to be a low-risk investment.  It is an asset, but one that can be rather illiquid, depending on the nature of the real estate market in your area.  There are enough additional costs associated with home-ownership (down-payment, insurance, repairs) relative to more traditional investments to argue against a primary residence being an investment. Your question didn't indicate when and where you bought your home, the type of home (single-family, townhouse, or condo) the nature of your mortgage (fixed-rate or adjustable rate), or your interest rate, but since you're in your mid-20s, I'm guessing you bought after the crash.  If that's the case, your odds of making a profit if/when you sell your home are higher than they would be if you bought in the 2006/2007 time-frame.  This is no guarantee of course.  Given the amount of housing stock still available, housing prices could still fall further.  While it is possible to lose money in all sorts of investments, the illiquid nature of real estate makes it a lot more difficult to limit your losses by selling. If preserving principal is your objective, money market funds and treasury inflation protected securities are better choices than your home.  The diversification your financial advisor is suggesting is a way to manage risk.  Not all investments perform the same way in a given economic climate.  When stocks increase in value, bonds tend to decrease (and vice versa).  Too much money in a single investment means you could be wiped out in a downturn."}
{"_id": "214845", "title": "", "text": "I am a big fan of what we call inheritance tax. I think it is by far the fairest way we have of redistributing wealth. I don't believe a kid should be entitled to the parents ability to earn and that they should have to achieve that themselves.  The relationship is clearly complicated between welfare and employment. I believe the US employment issues are far more to do with the overall economy and less to do with benefits. The nations that do have high welfare and good employment, such as the scandie nations, have not been as effected by the global downturn for numerous  other reasons (Norway is essentially one giant oil hedge fund) and so are hard to compare. Any southern European nation can be an example of the opposite."}
{"_id": "214852", "title": "", "text": "LOL   1) chart is # of approved rules, not $  2) we're roughly 100 days into his administration in 2017 and so you're reporting a figure for a fraction of a year.   3) Which rules are which? Which are regulations? The Muslim ban counted here?   This is pure drivel."}
{"_id": "214857", "title": "", "text": "Regular skin support frameworks are totally secure for your skin layer and to eat. Items made from natural or 100% common parts are likewise more proficient yet just on the off chance that they contain high phases of the fixing. Also of hazardous substances, characteristic things will never cause disturbance, dry skin, breakouts, and even improved assaults of time. In the event that an all-characteristic thing, for example, Instant Face Lift is truly normal, it will likewise be more sparing. This is on account of those 100 % normal parts are promptly accessible, and there is no assembling procedure locked in."}
{"_id": "214870", "title": "", "text": "They do give tax breaks for efficient furnaces, tankless water heaters, even LED lights. Homeowners can use their interest deduction to buy such items. There have been huge tax breaks for electric cars too.  Are you serious right now?"}
{"_id": "214874", "title": "", "text": "This is wrong and [here's the data](http://imgur.com/a/Xvy33) to prove why its wrong. I compiled the daily closing values of the Dow Jones Industrial over the first 6 months of both president Trump's and Obama's tenure. Trump significantly out performs Obama, this article is fake news."}
{"_id": "214878", "title": "", "text": "If they really want cash, you notify your bank in advance of the amount and have it put in your account, then you both sign the paperwork at the bank and after everything is signed you have the bank hand them the money. Guarding it after that is entirely their problem. Personally, I would consider this a stupid request and tell them to have their lawyer discuss it with my lawyer in the hope they can be talked out of it.  As far as where to get the money: Same as for any purchase, find a bank willing to write a mortgage for you on this new house. What you choose to do about the other two houses is an independent question. You can sell one or both, but that may take money so you probably won't finish doing so before needing to pay for the new house. Of course when they do sell you can use the money toward paying down/paying off the new mortgage."}
{"_id": "214901", "title": "", "text": "I would wait, and invest that money in a Roth IRA. Because taxes are paid on the contributions to a Roth IRA, you can withdraw the contributions at any time, tax and penalty-free. In addition, you can withdraw contributions and earning to purchase your first home."}
{"_id": "214908", "title": "", "text": "Better off making sure what ever degree you pursue has real life applications commensurate with what ever income level you hope to achieve.  Most of the tech giants got really lucky being young and innovative when tech really took off at the consumer level in the early 90's.  That ship has sailed for most of the lucky billionaires because now everyone with brain and commitment can write code if they want to. It's not nearly as valuable.  I'm not saying you can't get rich as a dropout if you're really lucky, but I can play those same odds with a lotto ticket."}
{"_id": "214910", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-16/the-forward-curve-for-oil-prices-suddenly-looks-awful-for-opec) reduced by 88%. (I'm a bot) ***** &gt; As if a mini-collapse in oil prices wasn&amp;#039;t bad enough for OPEC, the pattern in which futures contracts are trading years from now has flipped into the worst possible structure for the exporter group.  &gt; Saudi Arabia is among nations that have been saying for months that a re-balancing is under way in the oil market after OPEC and other producing nations agreed late last year to cut production.  &gt; Some of the world&amp;#039;s biggest banks have also grown increasingly pessimistic about the prospects for crude prices into next year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hpil4/the_forward_curve_for_oil_prices_suddenly_looks/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146133 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **year**^#1 **OPEC**^#2 **crude**^#3 **market**^#4 **price**^#5\""}
{"_id": "214923", "title": "", "text": "&gt; The point was these places have entire under classes of their population that are allowed to literally die in the street.  the us gov't was &gt;10x smaller before 1900. but the US had the richest poor, and a very low income disparity. how is that remotely possible given your beliefs? you assume that a gov't that doesn't take from the rich and give to the poor will result in a lower living std for the poor. you don't know economics. the soviet union had a system where the rich and poor were forced to be relatively equal, but everyone was poor as hell!"}
{"_id": "214927", "title": "", "text": "courthouse news simply summarizes the depositions and complaints issued by plaintiffs.  that's all.  everything they report can be found in the legal documents that they provide links to at the end of every article.  every quote they provide is taken from either plaintiff complaints, police reports, or the depositions of litigants.  its audience is not the general public; its audience comprises attorneys and other news media, as the website plainly states on its [about us page](http://www.courthousenews.com/aboutus.html)."}
{"_id": "214934", "title": "", "text": "The difference is whether or not you have a contract that stipulates the payment plan, interest, and late payment penalties. If you have one then the IRS treats the transaction as a load/loan servicing. If not the IRS sees the money transfer as a gift."}
{"_id": "214935", "title": "", "text": "If you believe in the efficient market hypothesis then the stock price reflects the information known to market participants. Consequently, if the 'market' expected earnings to rise, and they did, then the price won't change. Clearly there are circumstances, especially in the short term and for illiquid stocks, where this isn't true, but a lot of work points to this being the case on average."}
{"_id": "214937", "title": "", "text": "Unfortunately I haven't brought myself to make that leap yet.  That being said - i'm pretty happy where i'm at.  I get to work with a lot of talent here, and there's only three of us, so there is a huge ownership component of what we are doing."}
{"_id": "214938", "title": "", "text": "\"&gt;its that people with a libertarian mindset tend to have a zealous ideology that makes it impossible to talk to them  It's that people with a statist mindset tend to have a zealous ideology that makes it impossible to talk to them.   &gt;I am aware of your set of beliefs and I don't agree with them  It's amazing that you can claim to be \"\"aware of [my] set of beliefs\"\" despite not asking nor being told. Are you a mind reader, or just an assumptive arrogant fool?\""}
{"_id": "214942", "title": "", "text": "Eh? Companies use the research from public institutions, this is commonish knowledge.         &gt;I'm not disparaging public universities that do the research, but you do realize that they sell their patents to companies, right? That's how these big research schools get the big research budgets that they have. Without being able to monetize a new finding, research dollars would dry right up.         Yes that's what I'm talking about. Public institutions bare the full brunt of cutting edge research."}
{"_id": "214944", "title": "", "text": "If it doesn't seem that important, why bother blacking the name out? For the effort, it might cost you less in your time to have the checks reprinted. There's no way to know what all banks would do with a check that has a name crossed out, but most would ignore it. Most checks are processed automatically. Signatures are not verified, post-dated checks can usually still be deposited. Occasionally you'll have a bank or merchant reject a check, but don't expect that to be the norm."}
{"_id": "214946", "title": "", "text": "\"Simply put, yes. I bought that call. I was betting the shares would rise in value by Jan 2018, and chose the $130 strike. With a strike nearly a year away, I paid a premium that was all time value as the shares traded at   Now the shares are replaced by $128. The time value has gone to zero, and there is no intrinsic \"\"in the money\"\" value. If the shares were bought at $140, the time value stills drops to zero, but the option is closed at $10 in the money.  My answer was for a cash deal. In a case where the old shares are replaced by new shares or a combination of shares and money, the options terms are changed to reflect the combination of new assets for old.  Update based on disclosure that it's Monsanto we are discussing.   Bayer and Monsanto have announced that they signed a definitive   agreement under which Bayer will acquire Monsanto for USD 128 per   share in an all-cash transaction. Based on Monsanto\u2019s closing share   price on May 9, 2016, the day before Bayer\u2019s first written proposal to   Monsanto, the offer represents a premium of 44 percent to that price.  You can see that the deal has been in the works for some time now. Further research shows they expect the deal to close by \"\"the end of 2017\"\". It's not a done deal. This is why the options are still trading.   Now the shares are replaced by $128. The time value has gone to zero, and there is no intrinsic \"\"in the money\"\" value. If the shares were bought at $140, the time value stills drops to zero, but the option is closed at $10 in the money.  My answer was for a cash deal. In a case where the old shares are replaced by new shares or a combination of shares and money, the options terms are changed to reflect the combination of new assets for old.  Update based on disclosure that it's Monsanto we are discussing.  Bayer and Monsanto have announced that they signed a definitive   agreement under which Bayer will acquire Monsanto for USD 128 per   share in an all-cash transaction. Based on Monsanto\u2019s closing share   price on May 9, 2016, the day before Bayer\u2019s first written proposal to   Monsanto, the offer represents a premium of 44 percent to that price. You can see that the deal has been in the works for some time now. Further research shows they expect the deal to close by \"\"the end of 2017\"\". It's not a done deal. This is why the options are still trading.\""}
{"_id": "214956", "title": "", "text": "I, too, was not a fan of ARCH or some of the other statistical items. I went through to memorize some of the method names like Durbin-Watson and knew what they corrected or what they used for. I think I had 3 of them. That was the extent of my studying for that section."}
{"_id": "214969", "title": "", "text": "I asked a followup question on the Islam site. The issue with Islam seems to be that exchanging money for other money is 'riba' (roughly speaking usury). There are different opinions, but it seems that in general exchanging money for 'something else' is fine, but exchanging money for other money is forbidden. The physicality of either the things or the money is not relevant (though again, opinions may differ). It's allowed to buy a piece of software for download, even though nothing physical is ever bought. Speculating on currency is therefore forbidden, and that's true whether or not a pile of banknotes gets moved around at any point. But that's my interpretation of what was said on the Islam site. I'm sure they would answer more detailed questions."}
{"_id": "215015", "title": "", "text": "Maybe, maybe not. By and large my union rep and my governor (nevermind the secretary of state) are also likely to engage in high stakes--possibly higher-stakes--negotiation. So I'll ask again: what distinguishes public employees and union reps so that they should fly coach, but c-corp execs should get fancier tickets?"}
{"_id": "215049", "title": "", "text": "Vanguard has a lot of mutual fund offerings.  (I have an account there.)  Within the members' section they give indications of the level of risk/reward for each fund."}
{"_id": "215066", "title": "", "text": "\"The truth is anyone can sue anyone for anything.  So yes you could be sued, but the more important part to measure is the probability of success.   While this is probably more of a legal stack exchange question, in order for a successful suit there has to be proven at least some negligence on your part in the situation you cite.  The very fact that the landlord is not willing to turn on the heat is probably enough to absolve you from any liability.  Once you go down to a local store and purchase a UL certified heater then a suit would have a very low probability of success.   Perhaps a case could be made if you made your own heater and it burned down the house.  But that would require finding a jury that is sympathetic to landlords that will not provide heat for their tenants (highly unlikely). Could the landlord sue the heater company?  Yes and would likely receive an out of court settlement.   Even in the case that liability can be proven on your part, it is very unlikely you would be targeted.  These type of suits target \"\"deep pockets\"\" or those with wealth.  Unless something is specifically known about you having a high level of net worth a civil suit will not be brought against a \"\"room renter\"\" because of the lack of funds.  People in your demographic tend not to have a lot of money.  (No offense intended, I was there myself once.)  In the case that you do have a high net worth, then get renters insurance and possibly an umbrella policy.  It is a small price to pay to protect a significant amount of assets.   If I was in your shoes here is what I would do:\""}
{"_id": "215088", "title": "", "text": "Logically, that **should** be true and I'm certain that will be true eventually for the reasons you give. But since the engineers that designed Tesla have so little experience about the failure modes for electric vehicles, we can't really be too sure that will hold true for the electric vehicles being built today."}
{"_id": "215099", "title": "", "text": "*The computer scrutinizes so many variables that even Lun doesn\u2019t entirely understand how it makes calls.*  *\u201cIt\u2019s not a black box. It\u2019s not that you stick stuff in and have no idea what will come out, we do have parameters,\u201d*  ..... ?"}
{"_id": "215103", "title": "", "text": "The simple answer is yes - put 20% (or more) down. In the past I have paid PMI and used a combination first and second mortgage to get around it. I recommend avoiding both of those situations. I am much more comfortable now with just a regular mortgage payment. The more equity you have in your home the more options you will have in the future."}
{"_id": "215118", "title": "", "text": "\"Bull means the investor is betting on a rising market. Puts are a type of stock option where the seller of a put option promises to buy 100 shares of stock from the buyer of the put option at a pre-agreed price called the strike price on any day before expiration day.  The buyer of the put option does not have to sell (it is optional, thats why it is called buying an option).  However, the seller of the put is required to make good on their promise to the buyer. The broker can require the seller of the put option to have a deposit, called margin, to help make sure that they can make good on the promise.   Profit... The buyer can profit from the put option if the stock price moves down substantially.   The buyer of the put option does not need to own the stock, he can sell the option to someone else.  If the buyer of the put option also owns the stock, the put option can be thought of like an insurance policy on the value of the stock.  The seller of the put option profits if the stock price stays the same or rises.  Basically, the seller comes out best if they can sell put options that no one ends up using by expiration day. A spread is an investment consisting of buying one option and selling another. Let's put bull and put and spread together with an example from Apple. So, if you believed Apple Inc. AAPL (currently 595.32) was going up or staying the same through JAN you could sell the 600 JAN put and buy the 550 put.  If the price rises beyond 600, your profit would be the difference in price of the puts.  Let's explore this a little deeper (prices from google finance 31 Oct 2012): Worst Case:  AAPL drops below 550.  The bull put spread investor owes (600-550)x100 shares = $5000 in JAN but received $2,035 for taking this risk. EDIT 2016: The \"\"worst case\"\" was the outcome in this example, the AAPL stock price on options expiry Jan 18, 2013 was about $500/share. Net profit = $2,035 - $5,000 = -$2965 = LOSS of $2965 Best Case:  AAPL stays above 600 on expiration day in JAN. Net Profit = $2,035 - 0 = $2035 Break Even:  If AAPL drops to 579.65, the value of the 600 JAN AAPL put sold will equal the $2,035 collected and the bull put spread investor will break even. Commissions have been ignored in this example.\""}
{"_id": "215127", "title": "", "text": "You're trying to attribute the current economic climate and the decisions that stem from that with raising tax rates. And the US will continue to have tax loopholes (not that that is actually the reason that high tax rates didn't kill productivity).        Again, the real world examples don't agree with your bookworm ideas."}
{"_id": "215138", "title": "", "text": "I visited annualcreditreport.com to get my annual credit report.  It is only the report, not the score or FICO score.  This is the only outlet I know of that allows you to get your report for free, without a bunch of strings attached or crap to sign up for and cancel later. It was very easy.  I was wary of putting in my private information, but how else can they possibly pull you up? Read the instructions carefully.  You go to each bureau to fetch your report, and they dutifully give you a free report, but they push hard to try and sell you a score or a report service.  It is easy to avoid these if you read carefully. Once you get a report,  you have print it out or you can't see it again for another year.  Each bureau has a different site, with different rules, and different identity checks to get in.  Again, read the instructions and it isn't hard. Instead of printing, I just saved the page as HTML.  You get one html file and a folder with all the images and other stuff.  This suits me but you might like to print. After you get each report, you have to click a link to back to the annualcreditreport.com site.  From there you go to the next bureau. Regarding a score.  Everybody does it differently.  Free Issac does FICO, but anybody who pulls your credit can generate a score however they like, so getting a score isn't anywhere near as important as making sure your report is accurate. You can use credit.com to simulate a score from one of the bureaus (I can't easily see which one at the moment).  It is as easy as annualcreditreport.com and I have no issue getting a simulated score and report card."}
{"_id": "215149", "title": "", "text": "At a minimum, I would save 20-30k, because you need to have both a safety net and some money for home repairs.  Very few people move into a house and then do zero repairs - painting, usually, at a minimum, and there's almost always something that comes up pretty soon after.  Even if you're buying a condo, you'll want to be sure you can fix anything that needs fixing within that first year or two. Beyond that, you have to decide based on your risk tolerance and your other details, like your income.  Taking a smaller mortgage means a guaranteed 3% to 4% return, right now.  That's not quite what you'll probably get on the market over the long term, but how did your investments do last year?  My 401(k) was down slightly...  In order to do better than that 3-4%, you're going to have to invest in stocks (or ETFs or similar), meaning you could have 10+% swings potentially year over year, which if that's your only (extra) 50k might be more than you can tolerate. If you're very risk tolerant and mostly looking to make money over the long term, then it may be worth it to you.  But if a larger mortgage makes it harder to pay the monthly payments (a meaningfully smaller buffer), or if your job is such that you might end up having to sell those investments at a loss to cover your mortgage for a few months because you (didn't make enough|got laid off|etc.), then you may want the smaller mortgage to make that less of a risk (though still setting aside the safety net in something minimally risky)."}
{"_id": "215154", "title": "", "text": "I agree, sales will always win.  I just saw another study that showed social media engagement for companies and 99% were getting almost no engagement from organic social posts.  The 1% that were getting organic engagement were killing it though.  My point is that most companies still have no real grasp as to what the hell they are supposed to be doing in this space."}
{"_id": "215174", "title": "", "text": "I have trouble correlating that with my experience in every permanent job I've ever had. There's one guy doing the work, another 4 talking about it so much it's slowing him down, and another 5 playing minesweeper all day."}
{"_id": "215180", "title": "", "text": "First and foremost you should do more research on credit cards and what everything means.  As expressed by others the balance transfer fee is not what you think it is.  Credit cards can be great, they can also quickly erode your credit score and your standing.  So understanding the basics is VERY important.   The credit card that is right for you should have the following criteria.  The first two points should be straight forward, you should not have to pay a CC company for the privilege to use their card.  They should pay you through perks and rewards.  It should also be a CC that can be used for what you need it for.  If you travel internationally a lot and the CC you choose only works within the US then what good is it? The third point is where you need to ask yourself what you do a lot and if a CC can offer rewards through travel miles, or cash back or other bonuses based on your lifestyle.  The transfer fee is not what you think it is, people who already are carrying debt on another credit card and would like to transfer that debt to another credit card would be interested in finding a fee or a low %.  People do this to get a batter rate or to get away from a bad credit card.  If one charges 28% and another charges 13%, well it makes sense to transfer existing debt over to the 13% provided they don't crush you on fees.  Since you have no credit card debt (assumption based on the fact you want to build your credit), you should ask yourself for what purpose and how often do you plan to use the credit card.  Would this card be just for emergencies, and wont be used on daily purchases then a credit card that offers 3% cash back on gasoline purchases is not for you.  If you however love to travel and plan to use your credit card for a lot of purchases OR have a few large purchases (insurance, tuition etc.) then get a credit card that provides rewards like miles.  It really comes down to you and your situation. There are numerous websites dedicated to the best credit card for any situation.   The final thing I will say is what I mentioned at the beginning, its important, CC's can be a tool to establish and improve your credit worthiness, they can also be a tool to destroy your credit worthiness, so be careful and make smart choices on what you use your card for.  A credit score is like a mountain, it requires a slow and steady discipline to reach the top, but one misstep and that credit score can tumble quickly."}
{"_id": "215184", "title": "", "text": "The Scale Manager electronic scale reducer utilizes a scope of electronic frequencies to evacuate and wipe out lime scale stores. In outrageous hard water establishment ranges, this will drag out water warmer life and continue plumbing lines/apparatuses clean with no support by any stretch of the imagination. electronic scale reducer treats hard water without the need of water conditioner framework, chemicals or salt added substances. This gives the water the capacity to both avoid scale develop and break up existing scale development it comes into contact with."}
{"_id": "215188", "title": "", "text": "They shouldn't be bound to them in the first place because you can't delegate a right to someone else that you don't already have yourself. I can't tax you and you can't tax me. It's just theft. And you can't use taxation as justification for ownership of things if you're also using ownership of things as justification for taxation. That's circular logic."}
{"_id": "215189", "title": "", "text": "\"All of the other answers here are accurate, but (I think) are missing the point as to the question, which rests on how Bonds work in the first place. The bond specifies a payback AMOUNT and DATE. Let's say it is $10,000 and one year from today. If you buy that today for $9900, your yield will be 1%. If you buy it today for $11,000, your yield will be less than 0% (please don't make me do the math - it's just under negative 1%). You might be willing to pay that 1% (rather than receive 1%) for the certainty that you will definitely get your money back. The combined actions of all the people who may be willing to pay a little more or a little less for the safety of a US Treasury Bond is what people call \"\"the Market.\"\"  Market forces (generally, investor confidence) will drive the price up and down, which affects the yield. All the other stuff - coupons and inflation and whatnot - all of that only makes sense if you understand that you aren't buying a rate of return, you are buying a payback amount and date.\""}
{"_id": "215196", "title": "", "text": "\"I am opposed to fracking it is a horrible idea. But as long as they only ruin thier piece of land I don't care. There are far better choices. But we subsidize and choose favorites with stolen \"\"tax\"\" money. If the govenment wasn't subsidizing it we would be leaving oil and gas behind to favor better products, like nuclear, solar and wind and whatever we havent thought of yet. But like I have been saying governments love to force people to do stupid shit. You like that about govenment though because you want them to force the stupid things you like instead of some other stupid idea.\""}
{"_id": "215214", "title": "", "text": "Others have already made good points, so I'll just add a few more: You say that if you bought it, your mortgage, insurance, and taxes minus the rental income from the bottom floor would leave you with costs of 1/4 of your current rent. That means you're getting a fantastic deal on the purchase price. I suspect you may be underestimating some of those costs. So, get exact figures on the mortgage, insurance and taxes and do the math. If it is that good, go for it, just make sure to get that home inspection (in case there's major problems and they're trying to get out while the gettin's good) Also, some advice: Be prepared to cover that entire monthly cost for a few months. Units can stand empty for a while. Also, you may want to rent out slowly - a good tenent found after a couple months is much better than a bad tenent found quickly. Also, have some money set aside for maintenence. As a renter, you've never really had to think about that before, but as a homeowner you do. As a landlord, it's even more important - you can not fix something in your own home for a while if you needed to wait, but in a tenent unit, you have to fix it immediately.  Finally, taxes: You do get to deduct interest, and so on, but it'll work a little differently than you think. You'll have to split it in half (if the units are the same size) and deduct half the interest as a normal homeowner deduction, the other half as a business expense. Same for PMI, insurance, and property taxes. If you do maintenance that effects both units, like fixing the roof, half will be deductible, the other half not. However, maintenance that only affects the tenant unit is fully deductible.  You can claim depreciation, but only for half. So, your starting amount you can depreciate would be (purchase price - land value)/2. Same thing here - half is your home, the other half is a business.  Note that some things you'd think of as maintenance costs actually can't be deducted, only depreciated over time. Take that leaky roof, for example. If you replaced it instead of repairing it, you could not deduct your replacement costs. It counts as an improvement, and gets added to your cost-basis, where you depreciate it along with (half!) the house.  If your tenant's refrigerator went out, and you replaced it, you couldn't deduct that either. However you can depreciate all of it on another schedule (seperate from home depreciation). If you repaired it instead, you can deduct all of it immediately.  Taxes suck."}
{"_id": "215224", "title": "", "text": "You give extreme importance to the Laffer curve, while ignoring monetary velocity. Yet, the evidence for the first is scant to non-existent, while the evidence for the latter is overwhelming. To quote one of the [greatest theorists of all time](https://en.wikipedia.org/wiki/Richard_Feynman), who went by the *feel* and the *beauty* of equations:  &gt; It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.  I am a trained condensed matter physicist, and the theory vs experiment debates have played out in our field decades back. Without empirical observations, you are wrong."}
{"_id": "215225", "title": "", "text": "Trade-in values are generally below what you can get in a private sale. To directly answer your question, you should sell the crossover yourself and use the balance to purchase your new vehicle. I would encourage you to use the $9k to finance directly without a lease, especially if you are planning on financing after the lease term. The lease will not save you money over the time you drive the vehicle in this case, and worse, will likely expose you to risk of having to pay additional fees if you break certain terms in the lease (mileage, wear and tear, etc) Best option mathematically is to use the $9k to purchase a vehicle for cash. This provides the lowest total cost of ownership.  Even if you are afraid of purchasing a lemon, leasing a vehicle is awfully expensive insurance against that possibility. You would have to rack up some significant repairs to justify the cost of the lease vs cash over the term of operating the vehicle."}
{"_id": "215232", "title": "", "text": "\"Of course, doing nothing would mean that Social Security won't be able to meet its full obligations two decades from now. But it's not going bankrupt.  Bankrupt, as defined in Oxford English Dictionary: \"\"[U]nable to pay outstanding debts.\"\"  Am I missing something?\""}
{"_id": "215233", "title": "", "text": "Totally agree.   Autonomous cars can **increase margins** in the insurance industry since there will be fewer claims.   **for Geico - less administration and higher margins.  Buffet is probably ecstatic.**  Edit:  Not saying that this is in the best interests of the public, but if insurers can get away with it I'm sure they'll try."}
{"_id": "215258", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.princeton.edu/rpds/events_archive/repository/Naidu040313/Flood_HN_Jan2013.pdf) reduced by 99%. (I'm a bot) ***** &gt; Outcome Y in county c and year t is regressed on the fraction of county land \ufb02ooded in 1927, state-by-year \ufb01xed e\ufb00ects, and county \ufb01xed e\ufb00ects: Yct = &amp;beta;t F ractionF loodc + &amp;alpha;st + &amp;alpha;c + \u0004ct Note that  is allowed to vary by year, so each estimated  is interpreted as the average di\ufb00erence between \ufb02ooded counties and non-\ufb02ooded counties in that year relative to the omitted base year of 1925 or 1920.  &gt; 53 In a modi\ufb01ed version of equation, the fraction of county \ufb02ooded is interacted with a dummy variable for whether the county is a &amp;quot;plantation county&amp;quot; and a dummy variable for whether the county is a &amp;quot;nonplantation county.  &gt; Column reports the within-state difference for each county characteristic by the fraction of the county flooded in 1927: the coefficients are estimated by regressing the indicated county characteristic on the fraction of the county flooded in 1927 and a state fixed effect, weighting by county size.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q2327/when_the_levee_breaks_black_migration_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177559 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **county**^#1 **ood**^#2 **Black**^#3 **agricultural**^#4 **estimate**^#5\""}
{"_id": "215260", "title": "", "text": "\"You can infer some of the answers to your questions from the BATS exchange's market data page and its associated help page.  (I'm pretty sure a page like this exists on each stock exchange's website; BATS just happens to be the one I'm used to looking at.) The Matched Volume section refers to all trades on a given date that took place on \"\"lit\"\" exchanges; that is, where a public protected US stock exchange's matching engine helped a buyer and a seller find each other.  Because there are exactly 11 such exchanges in existence, it's easy to show 100% of the matched volume broken down into 11 rows. The FINRA & TRF Volume section refers to all trades on a given date that took place on \"\"non-lit\"\" exchanges.  These types of trades include dark pool volume and any other trade that is not required to take place in public but is required to be reported (the R in TRF) to FINRA.  There are three venues via which these trades may be reported to FINRA -- NASDAQ's, NYSE's, and FINRA's own ADF.  They're all operated under the purview of FINRA, so the fact that they're \"\"located at\"\" NASDAQ or NYSE is a red herring.  (For example, from the volume data it's clear that the NASDAQ facility does not only handle NASDAQ-listed (Tape C) securities, nor does the NYSE facility only handle NYSE-listed (Tape A) securities or anything like that.) The number of institutions reporting to each of the TRFs is large -- many more than the 11 public exchanges -- so the TRF data is not broken down further.  (Also I think the whole point of the TRFs is to report in secret.)  I don't know enough details to say why the NASDTRF has always handled more reporting volume than the other two facilities.  Of course, since we can't see inside the TRF reporting anyway, it's sort of a moot point.\""}
{"_id": "215265", "title": "", "text": "\"As far as I can tell there are no \"\"out-of-the-box\"\" solutions for this.  Nor will Moneydance or GnuCash give you the full solution you are looking for.  I imaging people don't write a well-known, open-source, tool that will do this for fear of the negative uses it could have, and the resulting liability.  You can roll-you-own using the following obscure tools that approximate a solution: First download the bank's CSV information: http://baruch.ev-en.org/proj/gnucash.html That guy did it with a perl script that you can modify. Then convert the result to OFX for use elsewhere: http://allmybrain.com/2009/02/04/converting-financial-csv-data-to-ofx-or-qif-import-files/\""}
{"_id": "215267", "title": "", "text": "It's still an asset because you're keeping it on your books in an interest bearing account.  And it's still also a liability because as you note, the money is not technically yours and you owe it to the renter until you settle at the end of the lease/term.  Thus, I'd recommend setting the security deposit up in two accounts - an asset account and a liability account.  The two will cancel each other out so it won't add to your net worth or equity.   If the money is in a bank account that's shared for other purposes, you can create a sub account for the security deposit: Assets->Savings->Bank->Security Deposit: $1500 and the liability can simply be: Liabilities->Security Deposit: $1500 You of course can modify these to best fit your account structure (e.g. organize by property, etc). Finally, instead of transferring the money from an 'Income' account to your savings account, you transfer it directly from the liability account in one go:"}
{"_id": "215289", "title": "", "text": "The basis of homeowner's insurance pricing is the AOI, or Amount of Insurance.  This pertains to the cost to rebuild the dwelling in the event of a total loss.  The standard coverages (e.g., contents, loss of use, medical payments, liability) are calculated relative to this amount.  Consequently, the AOI is selected by appraising the value of the dwelling.  This is why it is important that if parts of the dwelling are upgraded, that the cost of those upgrades are taken into account. The question is not one of denying claims should a loss occur, unless the nature of the upgrade is such that policy should not have been underwritten in the first place.  (This can happen if, for example, the homeowner builds an extension onto the house that damages the structural integrity of the dwelling.) In the end, the AOI is still just an estimate, but the takeaway is that, like scheduled personal property, jewelry, rare collectibles, or other endorsements, every home (and homeowner) has slightly different insurance needs, and it is in your interest to tailor your coverage to be as accurate as possible in reflecting your needs.  Insurance is not a one-size-fits-all product; consequently, the selection of sufficient coverage for your mix of risks is only prudent.  Now, if after you get a quote back and you find that the premium is too high, you can typically select a deductible that can reduce it, but you have to consider what amount of exposure you are willing to retain.  You should shop around, too:  different insurers use different methods and criteria to price their products, so even if the coverage is substantially similar, the premiums may vary:  for example, some insurers ask whether you own a dog (exposure to liability claims), but others do not.  Some insurers put more weight on your dwelling's geographic location (exposure to fire, theft, wind/hail) than others."}
{"_id": "215296", "title": "", "text": "If you have the money put it in, and invest the money over a few months. Always keep a modest reserve of cash to give you the flexibility to take advantage of market opportunities."}
{"_id": "215314", "title": "", "text": "Wanna make sure every company pays at least some taxes? Install a 'tax floor'. Basically, no matter how many losses you claim, no matter how much you offshore, no matter how many loopholes you find, you can not drop below a certain number. Let's say 15%. That is it, you have to pay at least 15%.   As this takes effect, and only after revenues stream in for a few years to help balance things out, you can even slightly adjust the high rate down a tad to help the big companies that don't use the loopholes.  Please spread this idea around."}
{"_id": "215338", "title": "", "text": "Playing the markets is simple...always look for the sucker in the room and outsmart him. Of course if you can't tell who that sucker is it's probably you. If the strategy you described could make you rich, cnbc staff would all be billionaires. There are no shortcuts, do your research and decide on a strategy then stick to it in all weather or until you find a  better one."}
{"_id": "215362", "title": "", "text": "&gt; Home solar doesn't need to completely replace grid power - a 70% reduction in demand would be sufficient to reduce generation requirements to only existing hydro / wind / nuclear plants.  That is exactly where the problem is. When your home solar and battery is out of power, then your grid (without traditional backup) is out of power as well. So in the end you need your grid to supply power in the 30% of time when your renewable plus some storage has none. At the same time all household, equipped like yours are out of power as well. So either the grid/power company has conventional backup or huge storage. Of course, the cost of these must be levied over the 30% of time they are used, not economically attractive.  So you expect as a household to be able to just get energy from the grid/power company when it is necessary for you as a backup. Are you ready to pay the triple rate during that time ?"}
{"_id": "215373", "title": "", "text": "Yr arguments (with the exception of making good products) are completely full of bs. The tax system is completely set up to benefit the wealthy. Most of the uber rich either inherited it or came from enough of a priviliged backround that they were able to start a business. Of course theres rags to riches people, but do you honestly think its possible to start a business when yr working two jobs just to make ends meet? Many many celebrities and economists have come out in favor of UBI. Get fucking real buddy"}
{"_id": "215393", "title": "", "text": "In the US, our standard fixed rate mortgages would show no difference. My payment is calculated to be due on the 1st of each month.  When I first got a mortgage, I was intrigued by this question, and experimented. I paid early, on the 15th, 2 weeks early, and looked at my next statement. It matched the amortization, exactly. Mortgages at the time were over 12%, so I'd imagine having seen the benefit of that 1/2% for the early payment.  Next I paid on the last day before penalty, in effect, 2 weeks late. I expected to see extra interest accrue, again, just a bit, but enough to see when compared to the amortization table. Again, no difference, the next statement showed the same value to the penny."}
{"_id": "215410", "title": "", "text": "One thing I would add to @littleadv (buy an ETF instead of doing your own) answer would be ensure that the dividend yield matches.  Expense ratios aren't the only thing that eat you with mutual funds: the managers can hold on to a large percentage of the dividends that the stocks normally pay (for instance, if by holding onto the same stocks, you would normally receive 3% a year in dividends, but by having a mutual fund, you only receive .75%, that's an additional cost to you).  If you tried to match the DJIA on your own, you would have an advantage of receiving the dividend yields on the stocks paying dividends.  The downsides: distributing your investments to match and the costs of actual purchases."}
{"_id": "215416", "title": "", "text": "Just look at the filing date of the 10Q and then Yahoo the closing price or Google it. I assume you are looking for market reactions to SEC filings?   If you want to look at the closing stock price for the end of the period which the filing covers, it's like on the first page of the filing when the period (either quarterly or yearly) ends. This data is generally less useful, however, because it really is just another day in the market for the company. The actual release of the data to the public is more important."}
{"_id": "215421", "title": "", "text": "Throwaway account was a good idea.  I work in government sourcing and depending on what government you work for, what you're doing is illegal as shit.  Federal stature and most state statute prevent a government employee from 1) getting paid for another job while being paid by the government for working during the same period (double dipping), and 2) being involved in the selection process of a vendor with whom the employee has a vested interest.  Additionally, if you work in a position that requires you to complete an ethics form and certify it, you will be further breaking the law if you don't disclose ownership by falsifying a government document.   Realistically, you're probably just full of it, but if you're telling the truth what you're doing is unethical and probably illegal.  And before you get too smug, you should know that government auditors aren't nearly as incompetent as you might think. Just overworked. It might take a year or two but I'm guessing they figure it out eventually. Government procurement and auditors generally have to verify things like company registration documents, etc...before awarding contracts and any time a contract is renewed. The auditors go back and look at those documents. It won't be hard to figure out what's going on, especially if you were the PM for the project."}
{"_id": "215425", "title": "", "text": "I'm on my phone, so being verbose is tough, but if you want to discuss this please ping me and I'd like to discuss it with you.  I am happy to give you specific examples. I gave a couple in another comment."}
{"_id": "215437", "title": "", "text": "This is taxable in India. You need to declare the income and pay taxes accordingly"}
{"_id": "215458", "title": "", "text": "Every bank has uses their own number ranges and assigns account numbers as they like. That means that the same account number could be in use by basically every bank simultaneously - which makes it impossible to find out the bank from the account number. A similar situation would be to find a street name from the house number - obviously, there are many streets that have a given number."}
{"_id": "215486", "title": "", "text": "Dividend prices are per share, so the amount that you get for a dividend is determined by the number of shares that you own and the amount of the dividend per share. That's all. People like to look at dividend yield because it lets them compare different investments; that's done by dividing the dividend by the value of the stock, however determined. That's the percentage that the question mentions. A dividend of $1 per share when the share price is $10 gives a 10% dividend yield. A dividend of $2 per share when the share price is $40 gives a 5% dividend yield. If you're choosing an investment, the dividend yield gives you more information than the amount of the dividend."}
{"_id": "215505", "title": "", "text": "I live in a relatively low cost-of-living area.  I started at $50k, would be close to $70k now if I had kept that job.  I make $45k currently, however I just started in a big corporation and advancement should come pretty soon.  It's enough to pay bills and live comfortably now though.  I should mention I'm single and I don't have kids, so that helps."}
{"_id": "215514", "title": "", "text": "I've always thought, how could they afford that expensive real estate at the end of those dumbbell malls (the ones with the largest stores on either end) for almost all of their stores? A store like American Eagle is so much more profitable by area and are in the middle of the mall. Not many people really think about Sears as being the 'best' in any part of the market."}
{"_id": "215540", "title": "", "text": "\"There are several reasons to pay for data instead of using Yahoo Finance, although these reasons don't necessarily apply to you if you're only planning to use the data for personal use.  Yahoo will throttle you if you attempt to download too much data in a short time period. You can opt to use the Yahoo Query Language (YQL), which does provide another interface to their financial data apart from simply downloading the CSV files. Although the rate limit is higher for YQL, you may still run into it. An API that a paid data provider exposes will likely have higher thresholds.  Although the reliability varies throughout the site, Yahoo Finance isn't considered the most reliable of sources. You can't beat free, of course, but at least for research purposes, the Center for Research in Security Prices (CRSP) at UChicago and Wharton is considered the gold standard. On the commercial side, data providers like eSignal, Bloomberg, Reuters also enjoy widespread popularity. Although both the output from YQL and Yahoo's current CSV output are fairly standard, they won't necessarily remain that way. A commercial API is basically a contract with the data provider that they won't change the format without significant prior notice, but it's reasonable to assume that if Yahoo wanted to, they could make minor changes to the format and break many commercial applications. A change in Yahoo's format would likely break many sites or applications too, but their terms of use do state that Yahoo \"\"may change, suspend, or discontinue any aspect of the Yahoo! Finance Modules at any time, including the availability of any Yahoo! Finance Modules. Yahoo! may also impose limits on certain features and services or restrict your access to parts or all of the Yahoo! Finance Modules or the Yahoo! Web site without notice or liability.\"\" If you're designing a commercial application, a paid provider will probably provide technical support for their API.  According to Yahoo Finance's license terms, you can't use the data in a commercial application unless you specifically use their \"\"badges\"\" (whatever those are). See here. In this post, a Yahoo employee states: The Finance TOS is fairly specific. Redistribution of data is only   allowed if you are using the badges the team has created. Otherwise, you can use YQL or whatever method to obtain data for   personal use. The license itself states that you may not: sell, lease, or sublicense the Yahoo! Finance Modules or access   thereto or derive income from the use or provision of the Yahoo!   Finance Modules, whether for direct commercial or monetary gain or   otherwise, without Yahoo!'s prior, express, written permission In short, for personal use, Yahoo Finance is more than adequate. For research or commercial purposes, a data provider is a better option. Furthermore, many commercial applications require more data than Yahoo provides, e.g. tick-by-tick data for equities, derivatives, futures, data on mergers, etc., which a paid data source will likely provide. Yahoo is also known for inaccuracies in its financial statements; I can't find any examples at the moment, but I had a professor who enjoyed pointing out flaws in the 10K's that he had come across. I've always assumed this is because the data were manually entered, although I would assume EDGAR has some method for automatic retrieval. If you want data that are guaranteed to be accurate, or at least have a support contract associated with them so you know who to bother if it isn't, you'll need to pay for it.\""}
{"_id": "215542", "title": "", "text": "\"What determines your profitability is not your time, but your TRADES. It is probably a mistake to go into the market and say, I hope to make X% today/this month/this year. As a practical matter, you can make a lot of money in a short period of time, or lose a lot over a long period of time (the latter is more likely). You're better off looking at potential trades and saying \"\"I like this trade\"\" (be sure to know why) and \"\"I dislike that trade.\"\" If you're right about your chosen trade, you'll make money. Probably not on your original timetable, because markets react more slowly than individual people do. Then make ONLY those trades that you genuinely like and understand. IF you get into a \"\"rhythm,\"\" (rather few people do), your experience might tell you that you are likely to make, say, X% per month or year. But that's ONLY if the market continues to accommodate YOUR style of trading. If the markets change, YOU must change (or get lost in the shuffle). Trading is a risky, if sometimes rewarding business. The operative motto here is: \"\"You pay your money and you take your chances,\"\" NOT \"\"You put in your time and eventually rewards will come.\"\"\""}
{"_id": "215568", "title": "", "text": "caveat: remember that complex derivatives can be very bad for your wealth (even if you FULLY understand them)."}
{"_id": "215587", "title": "", "text": "\"You didn't get laid off or have your hours cut back when the minimum wage was raised? I guess you have much to be grateful for, including a higher hourly rate. An excellent record is its own reward. When you finish your degree you will be grateful for the good habits you have established. You won't ever lose a nights sleep looking back and thinking \"\"I wish I didn't do the right thing.\"\" It's sad that there isn't a more immediate reward for doing more than average, but that's life, doing the right thing over a long period of time does eventually lead to the reward you're looking for. Sometimes those rewards aren't tangible.\""}
{"_id": "215596", "title": "", "text": "\"Currently, when \"\"implied volatility\"\" is spoken, the Black-Scholes-Merton model is implied.  This model has been shown to be deficient, thus the Variance Gamma Model should be used. However, as nearly no one uses VG, it can be assumed that BS is still being implied. The BS formula has multiple variables.  Some are external to the underlying in question.  The rest are internal. When all but one variable is known or assumed, the last variable can be calculated, so if one has the price of the underlying and all else except the volatility, the volatility can be calculated thus implied. If one selects an implied volatility, and all variables except the underlying price is known, the underlying price can be calculated. For the present, one uses the current price of the underlying to calculate the implied volatility.  For future option prices, one assumes an implied volatility at a later date to calculate a possible price. For prices not at the money, the BS model is extremely imprecise.  The VG model can better determine a potential future price.\""}
{"_id": "215605", "title": "", "text": "Treat negative experiences as contrasts with a similar, but even worse past experience. This contrast will make whatever you are pissed off about in the present seem less bad in comparison with that time your neighbor's tree fell over and crushed your car."}
{"_id": "215620", "title": "", "text": "The way this works, as I understand it, is that financial advisers come in two kinds. Some are free to recommend you any financial products they think fit, but many are restricted in what they can recommend. Most advisers who work for finance companies are the second kind, and will only offer you products that their company sells. I believe they should tell you up front if they are the second kind. They should certainly tell you that if you ask. So in essence, your Scotiabank advisor is not necessarily making bad decisions for you - but they are restricted in what they will offer, and will not tell you if there is a better product for you that Scotiabank doesn't sell. In most cases, 'management fees' means something you pay to the actual managers of the fund you buy, not to the person who sells you the fund. You can compare the funds you are invested in yourself, both for performance and for the fees charged. Making frequent unnecessary changes of investment is another way that an advisor can milk you for money, but that is not necessarily restricted to bank-employed advisors. if you think that is happening to you, ask question, and change advisors if you are not happy."}
{"_id": "215628", "title": "", "text": "And this is why you should always treat your employees well enough that they stick around. It's amazing how easily managers forget the laws of supply demand. There is a huge demand for great workers and a relatively small percentage of even above average employees."}
{"_id": "215633", "title": "", "text": "I still think the biggest thing they have to get right is getting rid of the driver and making cars perfectly autonomous.  If that happens, there could be a serious disruption to the market because the price of an Uber/Lyft/etc. just dropped in half I would bet. I don't doubt that Ford, GM, Tesla can make the cars, but it's going to take a little while to make economic sense to just abandon driving a car.  The other thing this article leaves out is the demand for non-gasoline products growing globally -- think plastics, aromatics, jet fuel, and asphalt.  Thus, I don't see Big Oil crashing in the next 5-10 years, but it may become a tighter market with a few big players as margins get thinner and companies go bankrupt."}
{"_id": "215635", "title": "", "text": ""}
{"_id": "215645", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/10/business/dealbook/class-action-lawsuits-finance-banks.html) reduced by 90%. (I'm a bot) ***** &gt; At a time when Dodd-Frank has come under attack, the arbitration initiative from the consumer finance agency - which operates independently from the Trump administration - is a provocative stand against the prevailing political tide in Washington.  &gt; Over decades, financial institutions, led by credit card companies, figured out a way to use the fine print of their contracts to force consumers into private arbitration, a secretive process where borrowers have to go up on their own against powerful companies with deep pockets.  &gt; The rule from the Consumer Financial Protection Bureau would apply only to the financial companies regulated by the agency and would not touch arbitration clauses buried in the fine print of nursing homes or employment contracts.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mp8l2/us_agency_moves_to_allow_classaction_lawsuits/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~164865 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **arbitration**^#1 **rule**^#2 **consumer**^#3 **companies**^#4 **agency**^#5\""}
{"_id": "215647", "title": "", "text": "There is no relationship between the government appraisal and the mortgage appraisal.  The loan appraisal is done by a lender to determine if the property value is in agreement with the loan amount. The government appraisal is done to determine how much to charge you in taxes. They use the values of residences and commercial property to get their operating budget each year. They also set the rate to generate the amount of income money they need. If they cut all appraisals in half, they would just double the rate. In some jurisdictions the government appraises every year, in other places every three years. Some only when the property is sold. In some jurisdictions the maximum increase or decrease in government appraisal is set by law. But then they reset after the house is sold. That being said. Use this time to review the appraisal from the government. They may have facts wrong. They may think you have a pool, or more bedrooms or a garage, when you don't. Some jurisdictions use an automated process, others do a more detailed/individual process. If there was a mistake ten years ago with the description it will never get caught unless you complain.  Check with the governemnt website for how to appeal. Some have windows of opportunity for an appeal."}
{"_id": "215649", "title": "", "text": "\"I don't know why you're getting downvoted.  I'm a \"\"lib\"\" and I find it sad that the media has whipped up everyone into a lather expecting arrests now- all based on NOTHING.  It's sad there's no investigative spirit or skepticism left on the neoliberal side.  (I'm not a neoliberal- the left has split into oblivion which is sad, but typical).\""}
{"_id": "215653", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-24/at-t-said-to-be-in-early-u-s-talks-for-time-warner-approval) reduced by 89%. (I'm a bot) ***** &gt; U.S. antitrust officials have started talking to representatives from AT&amp;T Inc. and Time Warner Inc. about possible conditions that could secure approval of their $85.4 billion tie-up, according to people familiar with the matter.  &gt; One challenge: Justice Department lawyers are starting talks without their new boss being able to weigh in on a deal that would make AT&amp;T a media and telecommunications empire.  &gt; Regulators imposed conduct remedies on the cable giant aimed at preventing it from thwarting online rivals like Netflix Inc. Media companies worry about an AT&amp;T-Time Warner tie-up even more than they did about the NBC deal because it would give the telecom company unprecedented power, one of the people said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pe5qi/atandt_in_early_talks_with_us_officials_for_time/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~174909 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **deal**^#1 **AT&amp;T**^#2 **HBO**^#3 **Department**^#4 **antitrust**^#5\""}
{"_id": "215657", "title": "", "text": "I want to upvote you for following up with links, then that last sentence.  A) not everyone on reddit is from the USA.  B) not everyone on reddit is boned up on Las Vegas history since 1989.  C) not everyone on reddit was even alive to remember the way Vegas was before the mega resort, corporate gambling days.  Many people on this thread right now may have actually been born four years AFTER Wynn started his project, yet are old enough now to be going to Vegas.  TIL you think everyone on reddit is just like you."}
{"_id": "215659", "title": "", "text": "To calculate you take the Price and divide it by the Earnings, or by the Sales, or by the Free Cash Flow. Most of these calculations are done for you on a lot of finance sites if the data is available. Such sites as Yahoo Finance and Google Finance as well as my personal favorite: Morningstar"}
{"_id": "215702", "title": "", "text": "For sure. I don't blame the EU for being a bit angry with them but I do hope they can keep the single market. As an outsider, it seems beneficial to everybody to just come to an agreement similar to what Switzerland has with the EU."}
{"_id": "215705", "title": "", "text": "Ramdhan Spintex is the best company which makes finest and pure cotton yarn and its product and also provides a facility to export and supply their products. Open End Yarn Manufacturers in India, Open End Yarn Exporters in India and Open End Yarn Suppliers in India these are the main motive of this well reputed Company."}
{"_id": "215708", "title": "", "text": "I don't think this can be explained in too simple a manner, but I'll try to keep it simple, organized, and concise. We need to start with a basic understanding of inflation. Inflation is the devaluing of currency (in this context) over time. It is used to explain that a $1 today is worth more than a $1 tomorrow. Inflation is explained by straight forward Supply = Demand economics. The value of currency is set at the point where supply (M1 in currency speak) = demand (actual spending). Increasing the supply of currency without increasing the demand will create a surplus of currency and in turn weaken the currency as there is more than is needed (inflation). Now that we understand what inflation is we can understand how it is created. The US Central Bank has set a target of around 2% for inflation annually. Meaning they aim to introduce 2% of M1 into the economy per year. This is where the answer gets complicated. M1 (currency) has a far reaching effect on secondary M2+ (credit) currency that can increase or decrease inflation just as much as M1 can... For example, if you were given $100 (M1) in new money from the Fed you would then deposit that $100 in the bank. The bank would then store 10% (the reserve ratio) in the Fed and lend out $90 (M2) to me on via a personal loan. I would then take that loan and buy a new car. The car dealer will deposit the $90 from my car loan into the bank who would then deposit 10% with The Fed and his bank would lend out $81... And the cycle will repeat... Any change to the amount of liquid currency (be it M1 or M2+) can cause inflation to increase or decrease. So if a nation decides to reduce its US Dollar Reserves that can inject new currency into the market (although the currency has already been printed it wasn't in the market). The currency markets aim to profit on currency imbalances and in reality momentary inflation/deflation between currencies."}
{"_id": "215712", "title": "", "text": "\"Expenses: IMO, The best way to deal with this situation is by treating you staying at her house as flatting/renting a room as @Pseudonym stated he does with his partner in the comments of another answer.  This means you pay X amount of dollars a week to her as rent which she can most likely choose to put it towards house insurance, interest, repayments, repairs and improvements etc etc. From there you split your \"\"living\"\" expenses 50/50. Living expenses include stuff like telephone, internet, utility bills, food, contents insurance etc. Renting Income: Then the earnings/losses you make from renting your apartment out are yours alone. After all if your place gets trashed by a tenant with a meth lab, she won't and shouldn't have to pay the ridiculous amounts of money required to get it fixed up.  Determining the rent to pay: Not Ideal, but an easy method: Use your place's renting value as a indicator/market research example to determine how much rent you would pay to her (however since you are only a half resident at her place you would only pay half).  Ideal: Your place would have a different renting value to hers, so do some research together and find a median renting value of her house based on similar houses or ask her how much she wants you to pay in rent since after all the owner of the house has final say on the renting value. You \"\"might\"\" want to consider that you staying with her is a more secure tenancy as she knows you won't wreak her place, but the same cannot be said for the tenant you have in your place. (Post in the comments if you think this last sentence should be removed, I'm on the fence about it but it seems relevant.) Disclaimer: Remember you are considering a long-term relationship with her don't get too picky and don't let it get personal/emotional when deciding the renting amounts.\""}
{"_id": "215722", "title": "", "text": "&gt; Even Wal-Mart can't come close to matching it.  Disagree. Amazon is not set up for retail nor do they have refrigerated warehouses. Walmart is literally designed for retail Brick and mortar with the cold storage network and dry storage to match.   Walmart is a logistical giant and has a larger truck fleet and more rail car access than amazon as well."}
{"_id": "215736", "title": "", "text": "Honestly at some point that excuse wears thin.  Even the poorest people I know these days can read and have some access to the internet. In almost all cases, right from their pocket.  This information isn't guarded behind lock and key at the country club's secret library.  And not drinking/smoking saves money."}
{"_id": "215740", "title": "", "text": "\"*Selfish capitalists....sigh  Look. We both agree that large concentrations of wealth should be redistributed. I personally believe in a heavy Estate Tax, the rich are limited on what you can pass on to kids &amp; spouses. I think that would solve a lot of problems honestly but that's just me.   We both agree on taxes, I am more than happy to pay my 30% &amp; understand the benefits of it. I would argue I, and many other high income earners, can do more good with compounding my money and giving all of it away upon my death and living off of the interest but I doubt I would be able to convince you of that.  What we disagree on is the definition of hard work. If 1 man make 10 spoons an hour and works really hard and another figures out a way to work smarter and can make 100 and work less...... Every economic theory agrees you should pay the man who made 100 spoons more even though the man who made 10 might have worked \"\"harder\"\".  If my father choose to join the military and was very smart and able to lead well, you give him a stable career. If I was efficient  at planning my college major, career, and investments, I get paid more, have less debt, and am able to save more and compound my savings into capital.  *Results are more important than hard work, or to be frank, the effort you put into your work doesn't mean shit, it's all about productivity. That's why you hear the common \"\"participation trophy generation\"\" from older generations.    So no it isn't luck, but I doubt I can change your mind. I used to think like you until one day I told myself, no more excuses, I am in charge of everything about my life. From that day I have been methodical and obsessive to make the smart choices in life that allow me to be happy.   Just food for thought.\""}
{"_id": "215742", "title": "", "text": "Imagine someone is hammered and you predict they will have one hell of a hangover tomorrow.  Tomorrow comes, but instead of sobering up, they decided to drink even more.  So, you were wrong.  You predict again - now your hangover will be even worse.  Wrong again.  This goes on until they simply drop dead.  Substitute debt for alcohol and you have our situation exactly.   We have no tolerance for the pain associated with sobering up, nor do the politicians have any incentive to sell it to us.  By trying to eliminate the business cycle, we have destroyed ourselves.  The seeds were sown by Greenspan, and while it has been theoretically possible to alter our course, the political realities have made it impossible in practice."}
{"_id": "215753", "title": "", "text": "Forget investing, you need to focus on managing your debt. I would keep the 6k in a checking or savings account because you need that money in case of an emergency. If you save up more than 10k, use the excess to pay down the principal on your debt. Worry about investing when you have a positive net worth."}
{"_id": "215760", "title": "", "text": "&gt;A lot can happen to a stock's price in 1 hour   A lot happens to the stock price in one hour because lot of trading takes place in one hour, not because of material news. If 30 days seems excessive, make the rule that the stock should be held for 1 day.  Point is, 1 hour seems convenient to small investors because it facilitates day trading and 30 days seems excessive for the same reason. What is good for the goose is good for the gander.  I abhor HFT and think the advantage unfair but am opposed to banning it for pecuniary reasons. Such is life in a capitalist economy. We pay the price for our freedoms."}
{"_id": "215761", "title": "", "text": "\"Well, the article does go into certain tax schemes. You can use the debt as a write-off to lower your tax rate. That's just a legal tax scheme in the UK and many other countries. The problem though is that the UK department of Starbucks is apparently very profitable:  &gt; US executives of the Seattle company claiming in telephone calls with investors [...] that the UK business was profitable.  and  &gt; Howard Schultz, told investors the business here was so successful he planned to apply the lessons to the company's biggest market in the US.  It's just that the books tell a different story:  &gt; Accounts filed with Companies House [...] showed a 10th consecutive annual loss.  So no, it's not a just a matter of revenue vs sales. It's a matter of boosting your losses with outside, sometimes artificial debt, just so you can run with a negative on the books. This lowers the tax rate on the true sales to a whopping 0.3%, even though the business is perfectly healthy.   That's misusing a tax scheme aimed at easing the tax burden on \"\"national\"\" businesses which aren't profitable.\""}
{"_id": "215763", "title": "", "text": "[90% of their income](https://en.m.wikipedia.org/wiki/Economy_of_the_Bahamas) is from services.  And 80% of that income is from the US..... Do some research.    Still waiting for this no tax, no government utopia which works *so well* (yet there doesn't seem to be a good example of in existence...)"}
{"_id": "215771", "title": "", "text": "There are entire 5-person teams dedicated to forecasting *individual products* at major companies that roll up to product class teams, which then roll up to balance sheet forecasting. Since all of those companies have major capital markets operations, these things get huge. The real forecasters are spending 10-14 hours a day, year-round using massive models to come up with competent forecasts. I did this for a few years, it's leaps and bounds more than applying multiples.   I hope you get a lot of participation, but you have to see the flaw in this dataset. I think this would be better done by honing your focus in on what forecasting you're talking about. It's a very, very broad field."}
{"_id": "215776", "title": "", "text": "\"&gt; How can one not get it?  I dunno, you tell me.  &gt;You need to ask yourselves why the actual battery companies balked at building plants for his cars  See my other comment, because that doubly didn't happen.  Not only have \"\"the actual battery companies\"\" increased capacity for Tesla, but they're partnering in the plant.  Please attempt to be informed about the things you talk about before you talk about them.  *Or* don't go into the conversation acting informed when you are not.\""}
{"_id": "215780", "title": "", "text": "Register for Biggest Junior golf championship in the Arizona, which going to be 2017 biggest tournament world wide, for registering in this game you have to visit our website worldjrgolfchampionships.com or get a subscription for a year and this period's player don't have to pay any single pay. Along with Arizona junior golf tournament, Players cane come with caddies and they are allowed in the Arizona junior golf tournament. For further more details about the Arizona junior golf tournament, and registration feel free to get in touch with us."}
{"_id": "215799", "title": "", "text": "5 years is a reasonable time period to invest in a stock which will give you a decent return and will generally not lose too much value except in case of 2008 kinda downturn. I would advise you to invest in a large cap stock/s like BP, Royal Dutch or HSBC (Your parents of course can buy them for you)."}
{"_id": "215823", "title": "", "text": "Bull! We built in the flood plains, because that is where the fresh water was. Then came levee building and that actually made floods worse, just not where the levees where the highest.   If we are to eliminate the NFIP then we must also eliminate flood controls. That way no one city or state can alleviate their risk of flood by making the risk of flooding worse downstream from them. This means we tear down all dams, levees, and locks. Anything that affects the flow of water must go."}
{"_id": "215828", "title": "", "text": "You can literally see the bloom coming off Amazon, Google, Facebook, Uber and silicon valley in general.   Post industrial revolution; it is cyclical and almost predictable. At some point, society collectively goes WTF have we allowed to happen?  * Trust busting the Railroads, Robber barons and commodity cartels * Post-depression regulation of financial firms and collective investment schemes * AT&amp;T break-up of the telephone monopoly * Microsoft anti-trust  Post-Russia investigation, there will be some attempt to make information dissemination platforms responsible for the veracity of content (at least in paid or promoted political ads).  It also seems like Amazon is on a collision course with regulation - especially if they are able to leverage their e-commerce platform into new sectors of the economy.  * Note: I'm not posting in favor or against. Just highlighting a trend that appears obvious to me."}
{"_id": "215837", "title": "", "text": "\"The title of the submission you commented on is \"\"Antibiotic-Free Meat Business Is Booming, Thanks To Chipotle\"\".  If the first sentence of your comment is \"\"Simply put this has to stop.\"\"  From that, I can only reasonably infer that you think Chipotle needs to stop using antibiotic-free meat, which seems like a strange position.\""}
{"_id": "215858", "title": "", "text": "\"One of the big PC boys (Dell or someone like them) did the whole \"\"call metrics\"\" thing, and finally put out the word that if a tech's average call time went over 12 minutes, they could look for new work.   Support costs skyrocketed.   It didn't take much digging to find out why - your average can't go over 12 minutes if no call goes over twelve minutes. So support reps would try to help a customer for 11 minutes, then just send them a new computer.\""}
{"_id": "215871", "title": "", "text": "If 3D printers get to the point of being able to make machine critical parts (or really anything besides small plastic parts) this might be true.  We are a really long way from being able to print something like an electric motor, or a crankshaft, or a turbocharger, etc."}
{"_id": "215878", "title": "", "text": "The price doesn't have to drop 5% in one go to activate your order. The trailing aspect simply means your sell trigger price will increase if the current value increases (it will never decrease)."}
{"_id": "215906", "title": "", "text": "I went to a local college for 8k/yr while living at home. Since I didn't have to take any loans, I'm a lot better off than those people who went to 40k/yr schools and are up the river with loans. I think most local cheap school systems are good enough for majors that don't require the prestige of a major school system. It really makes 0 sense to spend 40k/yr if you're going to become a teacher and I think more and more people will start to realize this. Stay in state, don't live on campus = save moneys."}
{"_id": "215920", "title": "", "text": "An LLC or an S corp will result in the same tax obligations because both are pass-through tax entities. An LLC is more flexible for the situation you describe because the member and manager responsibilities can be detailed in the operating agreement. You really should get a business attorney to help you get your operating agreement in order. There's also a startups beta site on Stack Exchange that may be able to help you with questions about ways to handle your operating agreement."}
{"_id": "215952", "title": "", "text": "TLDR: it isn't as simple as that. I replied to the comment above, since this is something I know about.   Hispanics are well paid - it isn't like 15 years ago where some jerk farmer could pay minimum or below and mistreat his Hispanic workers. Hispanics know the value of their labor, have large social networks and will quit if they are mistreated. Also, milk and feed are commodities with set prices so increased labor costs can't be passed to consumers. In my response above I have commented on my experience with American workers in the dairy industry. I think dairy would have to pay like those oil rig job wages - and the industry would disappear because the cost of milk products would be more like gas prices - doubling rapidly. Would you pay $6-10 for a gallon of milk?"}
{"_id": "215976", "title": "", "text": "I can't speak for the pasta, this was 20 years ago and I don't think we did any pasta dishes back then.  Well, there was the lasagna we served at one point. That experiment didn't last long.  Yes, that was a microwaved atrocity that still gives me shudders just to think about."}
{"_id": "215989", "title": "", "text": "\"I feel like Netflix is in a very similar boat here.  The main content providers between TV and Movies are only about seven corporations.  Between that, and the fact that they're (almost) all MPAA/RIAA members, a \"\"relationship problem\"\" with any of them could be big trouble for Netflix.\""}
{"_id": "216002", "title": "", "text": "Directly? No because I\u2019m not an economist. Indirectly, however, an argument can be made that outsourcing was the catalyst to drive down wages to pave the way for automation as a viable financial alternative to labor and effectively killing the manufacturing market domestically in the process. What you are seeing now are those policies being bared out after 40 ought years.   ...But I\u2019m interested to hear your thoughts?"}
{"_id": "216008", "title": "", "text": "Skinny Body Care offers a single AKA Skinny Fiber and makes many claims as to what it can do for you.  - Lowers your appetite by helping you feel fuller - Increases your metabolism leading to increased fat burning - Raises your energy levels and mood (sex drive) - Flushes toxins and harmful waste from your body.  I did find testimonials of Skinny Body Care successfully helping people lose weight. Most of these claims are from agents building the business.  I would rather like to see unbiased results from non- rep customers.  One strong point is that Skinny Body Care is affordable. Priced at $60 w/s and $90 retail (monthly cost). However, they do have major competition from similar products in this competitive market.  The Skinny Body Care pay plan is somewhat unique. They have a forced matrix structure that they claim anyone can earn $1618.50 per month without personal sponsoring.  Although this may appear promising, I doubt anyone will make this income just by signing up. My opinion, if you just want to make $500 to $2,000 a month this may be an ok company to join. However, due to the low commission pay structure it will take a very large downline to make walk away residual income."}
{"_id": "216029", "title": "", "text": "Are you looking for new extender setup? If yes, then you landed on the right page. We have a team of professionals that are best in providing quality advice on Extender issues. The team can be reached 24/7 on a toll-free number or via Live Chat. If you wish to post comments regarding extender issue or about services then leave a message for our Team. Our Team will revert back to your query at the earliest."}
{"_id": "216051", "title": "", "text": "Not a one day trend but its a time of year trend. Its like when the Spring and Summer get here we're all outside doing stuff to distract us, but in the Fall and Winter we realized how fucked we are and reality sets in for a few months."}
{"_id": "216065", "title": "", "text": "You should also consider what the cost of the Put is, especially if the strike price is set at the current price, vs the average price delta of the security during the period between when you buy the put, and the expiration date.  Also note the prices for puts on stocks with a lot of price volatility. There are a good number of situations where you may come out behind. If the stock stays the same price, you are out the premium you paid for the put. If the stock price rises less than the premium, you are out the difference between the two. If the stock price falls less than the premium, you are out the difference between the two. In order to be 'in the money' when writing a protective put, the stock has to either rise more than the premium you paid for the put (and you MUST sell, or hold and write off the expense of the put) or the stock price has to fall below the strike price to a level lower  than the premium you paid, and you must SELL via the exercising the option. and you've protected yourself from a loss (presuming you were going to sell and not hold and see if the stock recovers.  And since selling is required in both cases, if you've held the stock less than a year, then pay on any profits at short term rates (taxed as regular income) and if the price went down, you can't claim any loss (unless strike price was below your buy price), and would still need to pay if you had a net gain, and you likely can't deduct the price you paid for the put."}
{"_id": "216077", "title": "", "text": "Food is almost never a valid expense. Reason for it is simple - if you were not conducting business you would have to eat too. Ad 1. I don't see why travel in that case would not be a valid expense, as the only reason for you to travel there is for business reasons. Ad 2. Unlikely as there is a duality of purpose. So while part of it may be business, you are also getting personal benefit from the visit (coffee/cakes etc) so that generally is a no. Ad 3. No, while you can claim for entertainment of employees (to sensible extends), that doesn't work when entertaining clients. Ad 4. If any part of the trip is for leisure then you cannot claim it as business expense, sorry! If there is any duality of use then it's not a business expense. And food, as always, is a no go."}
{"_id": "216094", "title": "", "text": "Maybe you missed this part  &gt;by going into a local retailer and forcing them to compete with something they cannot realistically compete against while turning any kind of a reasonable profit.  There won't be any local taxes to pay if the local business isn't around to sell anything to you."}
{"_id": "216098", "title": "", "text": "Mainly because they can.  Yes, there is a cost for banks to execute such transactions, and yes, there is a cost to cover the implied risks, but it is far from 3 or 4%. There are banks that charge a flat rate of less than 30$ (and no percentage), so for larger amounts, it is worth shopping around. Note that for smaller amounts, which are the majority of personal transactions, that is probably about as, if not more expensive, than paying 3% - below 1000$, 3% is less than 30$. So charging a percentage is actually better for people that want to transfer smaller amounts."}
{"_id": "216108", "title": "", "text": "None of the previous answers calls out an important factor to residential property ownership bias towards individual investors. The amount of time spent managing (leasing, maintenance and rent collection) on single properties is much higher, per property, than larger investments. But what is mentioned in passing is the bias towards smaller investments. Fewer individuals have the capital to purchase and engage in the leasing of multi-tenant properties, but they are more likely to have the funds for smaller investments. So the smaller investor can both afford the entry costs, and the time investment, while the larger corporate entities benefit from the opposite proposition."}
{"_id": "216112", "title": "", "text": "\"People should be asked what they want and allowances made to get them what they want. I prefer a \"\"home away from home\"\" permanent private office, where I can stash my stuff and put some personal belongings in. Some people would rather have a temporary desk and be more mobile. Some people are fine with hotseating and working from home some days during the week.\""}
{"_id": "216142", "title": "", "text": "Linear Title has been experiencing a number of exciting developments in the professional realm, including new integrations that will speed up the title process for clients and further push down Linear Title\u2019s turn times. But Linear Title has also had a lot to celebrate in terms of its team\u2019s personal lives as well\u2014many Linear Title employees have welcomed new additions to their households lately!"}
{"_id": "216145", "title": "", "text": "Welsh's play was to leverage GE's credit rating and status as a manufacturing company to borrow and lend at a lower rate than banks can manage.  That imploded almost a decade ago and was frankly failing for a good while before that (basically since Jack left)."}
{"_id": "216147", "title": "", "text": "I did a brief analysis during my undergrad on the sustainability of Subprime Auto-Loans ...there was definitely a lot more information that I could have included in my research. IMO it'd be a decent topic that would be perfect for a quantitative argument."}
{"_id": "216181", "title": "", "text": "She wasn't wrong, she was a great CEO (I hope you were a long term investor), but the market had changed in the way she outlined. Marcato has mentioned increasing franchise to 90%, which is crazy. You lose your ability to manage your brand and don't get reliable information.   I think the drop in sports viewing was the killer. The rest has been a trend. Maybe eSports and better tech would work."}
{"_id": "216188", "title": "", "text": "\"&gt; The same with the fact that just because I probably have had more collegiate studies on economics than you,  That's where you are wrong, kiddo. I've got a minor in economics, and a BBA/MBA in Finance. You are talking to a guy that is both more educated than you on the topic and actually works with low-income people more often than you.  It's very difficult to argue with people on Reddit, but it is fascinating to see how the positions and arguments of young liberals come together.   The article you posted actually reinforces my position. It shows that the majority, as described by the author, of people \"\"working\"\" low-income jobs are gaming government assistance programs. They aren't creating a career or looking for work by any standard. Not only do I mention that to tear apart the study, but I actually explain from personal experience how it works and provide actual examples of people who are doing it.  This is entirely lost on you. Liberals outweigh conservatives by a wide margin in academics. It's fairly obvious why when you dive into it. Want research funding? There has to be a problem. Suggesting that the market is sorting out wages already and that there is no need for a minimum wage won't get you paid. You have to make bogus studies like the one you provided, which gets regurgitated in hundreds of forms by similarly desperate professors. &gt;  &gt; Have you ever considered why the minimum wage came about in the first place? It was to keep businesses in check because they were taking advantage of people and paying them poor wages.   This is where things turn unexpectedly entertaining. The minimum wage came about because of populous opinion. It's the same way that tariffs come about. Canadian lumber is too cheap, so we must make it cost more, because American jobs. Boom. Lumber rises 20%. Politicians aren't economists. Dumb people get elected. Bad decisions get passed. They also get reiterated for decades just because.  Your position stands on one of compassion, but it lacks much else. I would encourage you to participate in production oriented fields. Do you pay for things that are no complete because the person working on them \"\"deserves\"\" it? I highly doubt it. It's a double standard where employees deserve to get paid, but businesses shouldn't if they don't do things right. People \"\"Deserve\"\" to be paid what they produce for society. There are no magical studies that will show me differently. It's not compassion to subsidize the poor. It's compassion to work with the poor to develop skills to better their lives. You can't seem to figure out that people in construction magically do not make minimum wage anywhere in Houston. It's fairly obvious. Would you stand in the Texas sun (it was nearly 100 today), work hard, get a job done, only to be paid $70? Hell no. It's not a government that needs to step in to assert that. The market, as I'm sure your economics degree taught you, will demand a higher wage. A dude working at McDonalds doesn't even make minimum wage anymore. I can't even think of people who do.  But that doesn't matter. It doesn't matter to you that people who actually work don't make minimum wage. You've read a study done by a guy in another state who has never hired of managed low wage employees telling you all about life. Okie dokie. You've got it!  Work on those logical fallacies, I don't think you could follow any of the arguments I made anyways, but I don't have the time to retype it all out.\""}
{"_id": "216196", "title": "", "text": "\"And this investment and money is under control? HAHAHAHAHAHA   Awesome. Looks more and more like a Ponzi the further and further you go. Please, explain how having the fed purchase our own debt is \"\"under control\"\" please. Show me some other great empire in history that managed to purchase its own debt.\""}
{"_id": "216200", "title": "", "text": "No you do not insure the cheque. A cheque is just standardized form that instructs a bank to transfer money. It is no more important than an ordinary letter.  A cheque carries no commercial value, especially when it has a designated recipient. No mail insurance will cover the financial loss as a result of bank fraud. It is a kind of indirect loss.   Just tell her to write your account number at the back of the paper, walk into your bank's branch and tell the teller to deposit it. There is no need of mailing."}
{"_id": "216203", "title": "", "text": "The customer service is great but the network is bad and getting worse.  They are concentrating on their slow rollout of LTE and the Wimax network is dying.  My 3G coverage is even worse. To add insult to injury, I'm in a top 25 market that isn't even getting LTE."}
{"_id": "216215", "title": "", "text": "and who knows how many more people would have died without this, and other, bond trades because inflation skyrocketed even faster. The logic the opposition is using is basically that they need as much pain as possible, as quickly as possible, to sway support to their side. I don't know how anybody justifies that as not morally reprehensible."}
{"_id": "216217", "title": "", "text": "I like Nathan's answer some, but am horribly curious as to why you have not made payments on a $3500 student loan?  If you are wealthy enough to afford a new car, this should be paid off next week.  IMHO. Above all else your financial goals should dictate if you buy a new car.  What are they for you?  If the goal is to build wealthy quickly then Nathan's advice may be to unfrugal for you.   If your goal is to impress people with the car you drive and accumulate very little real wealth then purchasing or leasing a car should be a top priority. So to answer your question correctly one must understand your goals.   For 2016, the average car payment is $479 per month.  If you invested that in a decent growth stock mutual fund in 40 years you'll have around 2.6 million.  However, you do need something to drive now.  If you can cut your car expense to $200 per month, and save the other $279 you will still end up with about 1.5 million in that same 40 years.   Personally I attempt to shoot for $200 ownership cost per car per month.  Its a bit difficult as I drive a lot.  Also I would not purchase a new car until my net worth exceeded 2 million.  At that point my investments could mitigate the steep depreciation costs of owning a new car."}
{"_id": "216241", "title": "", "text": "Use prepaid cards. You only have to declare, or mention, or convert CASH. You can get as many $500 prepaid cards as you like and carry them across. US Code only mentions cash, so even if customs thought it was peculiar that you had one thousand prepaid cards in your trunk, it isn't something they look into. Prepaid cards come with small transaction fees though. And of course, you could also use a bank account in America and just withdraw from an ATM in canada.  Finally, the FBAR isn't that much of a hassle, in case you did decide to get a canadian bank account. The US Federal Gov't doesn't care about all these crafty things you might do, as long as you are using POST-TAX money. If your foreign account earns interest, then you have some pre-tax money that the US Federal Gov't will care about."}
{"_id": "216243", "title": "", "text": "To your question. Yes. What you propose is typically called the back door Roth. You make the (non-deductible) IRA deposit, and soon after, convert to Roth. As long as you have no other existing IRA, the process is simple, and actually a loophole that's still open.  If you have an existing IRA, the conversion may be partially taxed based on untaxed balance. As comments frequently get overlooked, I'm adding @DilipSarwate excellent warning regarding this - Depending on the value of the existing Traditional IRA and its   pre-existing basis, if any, the backdoor Roth conversion might be    almost completely taxable. Example: Traditional IRA worth $250K with    zero basis. New nondeductible contribution increase value to $255.5K    and basis $5.5K. Converting $5.5K into a Roth IRA leaves $250K in the   Traditional IRA with basis $5381.60. That is, of that $5500    conversion, only $118.40 was nontaxable and so, not only is the    original $5500 taxable income to the OP but he also owes taxes on    $5381.60 of that $5.5K conversion. In short, discussions of backdoor Roth conversions as a great idea should always be tempered with an acknowledgement that it does not work very well if there is any other money in the Traditional IRA. Once that nondeductible contribution enters a Traditional IRA, it does not come out completely until all your Traditional IRA accounts are drained of all money. All your Traditional IRA money is considered by the IRS to be in a single pot, and you can't set up a Traditional    IRA (possibly with a new custodian) via nondeductible contribution, convert just that Traditional IRA account into a    Roth IRA account, and claim that the whole conversion amount is nontaxable because all the tax-deferred money is in the other IRAs that you haven't touched at all. Last - you disclosed that you are depositing to a Roth 401(k) to the match. Which prompts me to ask if this is best. If your marginal rate is 25% or higher, you are missing the opportunity to save 'off the top', at that rate, and 'fill the lower brackets' at retirement, or, via conversion, any year before then when you are in a lower bracket for whatever reason. See my answer for Saving for retirement: How much is enough? which addresses this further.  From new comments - Won't his Roth 401k contributions max out his overall Roth   contributions? No. They are separate numbers, each with own annual limits. Wouldn't this prevent any back-door Roth conversions? The 401(k) has no effect on back door Roth, except for the fact that the 401(k) and high income make the Roth IRA unavailable by normal deposit. Back door is the only door.  At the end are you encouraging him to look for a Traditional 401(k) at   work to max out, then contributing to a Roth? Yes! Read the linked SE article, and consider the annual withdrawal that would get you to 25%. As I wrote, it would take $2M+ to 'fill' the 15% bracket at retirement."}
{"_id": "216274", "title": "", "text": "\"Every year, you save your receipts, track your expenses and - when April comes around - pay your taxes. But what if you know of someone who isn't as honest as you are? Someone who skims on their income or misreports information in order to be placed in a lower bracket.  The Internal Revenue Service (IRS) estimates that Americans underpay their [taxes](http://www.investopedia.com/articles/taxes/09/reporting-tax-cheats.asp) by about $345 billion every year, according to Barron's, the popular financial news website and magazine. In fiscal 2009, the IRS collected $48.9 billion in enforcement revenue. This process required the employment of thousands of revenue officers, agents and special agents. Unfortunately, this type of enforcement happens every year and often spans to multiple previous years. In the end, there is still a large amount of tax money that goes unpaid.  There's definitely a gap between the tax evader and the IRS. Evaders are usually exposed due to a slip-up on their part or a tip from a bystander. If you'd like to help close that gap, you can. But why should you, and how is it done?  **Why Help the IRS?**  Nobody likes paying more than their fair share of taxes in order to compensate for others who intentionally evade theirs. Why shouldn't tax evaders give up a portion of their incomes to provide things that benefit the general good, like roads and sewers, when you do? Reporting a tax cheat is like reporting a shoplifter - you're just asking them to pay for something they're trying to unfairly get for free.  **Gather the Evidence**  The IRS is not likely to pursue someone without good reason. If the time and resources are going to be spent, the odds need to be good that the efforts will result in a payoff. Besides determining who, what, where, when and why the person evaded his or her taxes, the IRS will need specific information (type of violation, availability of books or records). Having a hunch without supporting details just isn't good enough.  Also ensure that the evasion is financially significant enough. For example, stating that your neighbor failed to report a $50 babysitting earning is not going to interest the IRS. On the other hand, if you work for a large business that you suspect is underreporting its income, the IRS will likely be very interested.  **Blowing the Whistle on a Tax Cheat**  The IRS may pay awards in exchange for valuable information that leads to the collection of \"\"taxes, penalties, interest or other amounts from the noncompliant taxpayer,\"\" according to the agency's website. There are various types of awards granted, depending on the evader's income level and classification (business or individual). The IRS likely chooses to focus its efforts on these larger cases because they have a higher payoff. It has also been suggested that higher income individuals have been found to cheat more frequently and for higher sums of money, mostly because they tend to earn more self-reported income.  **Cover Your Assets**  Fabricating a complaint in order to spite an undesirable neighbor who does, in fact, pay taxes is not a good way to get revenge. When you sign off on the IRS form providing your report, you are stating, \"\"I declare under penalty of perjury that I have examined this application, my accompanying statement and supporting documentation, and aver that such application is true, correct, and complete to the best of my knowledge.\"\" You don't want to be found guilty of perjury.  **Keep It Legal**  Breaking into the CFO's office at work to get evidence to support your claim is not a good idea. The IRS doesn't want you to break the law to help find a tax cheat. However, if you are the bookkeeper for a company that is cheating on its taxes and part of your job involves working with documents that prove the company is cheating, that paperwork would be acceptable to submit to the IRS.  While the IRS wants to maintain your privacy, if the case against the person you report ends up going to trial, you could be asked to be a witness. If you're comfortable with that possibility, go ahead and put your name on the report.  **Reasons Not to Report a Cheat**  If your \"\"information\"\" is really just speculation, it's probably best to keep it to yourself. As explained earlier in this article, the IRS does not have the resources to pursue your hunch.  If you, yourself, are a tax cheat, it might be best to stay in the clear. There's nothing that says that people who submit claims of cheating by others will have their own tax returns examined more carefully. Still, it stands to reason that you wouldn't want to do anything to call IRS attention to yourself if you're not in compliance with its rules.  If you helped plan or initiate the cheating of the person you are reporting, it might be smart to think twice. If you decide to report a crime in which you took part, be prepared for the consequences, and definitely don't expect to receive a reward.  As with many government processes, there's a lot of red tape to cut through. Therefore, if you're looking for fast cash, you might want to look elsewhere. It can take several years to complete an investigation of tax evasion \u2013 and if there is no conviction, there is no award. Not only does the IRS have to determine guilt, it has to actually collect the amount owed before paying you. What's more, if the IRS determines that your tip did not \"\"substantially contributed to the Service's detection and recovery of tax,\"\" you will not receive an award.  It's also important to note that, under some circumstances, like attorney-client confidentiality, you may not be able to report tax cheating.  **Other Considerations**  If you earn a whistle blower award, it will need to be reported when you file your taxes. If you're blowing the whistle on your employer and you're not planning to change jobs, an IRS audit could make your work situation extremely unpleasant. This isn't to say that you shouldn't report someone who is cheating, but it is something to consider.  **What's Next**  If you decide to report the person or business you suspect of cheating, use IRS form3949-A. This form asks for basic information on the tax evader you are reporting, the types of violations you believe to be committed, the details of the violation and how you learned about it. If you do not want to fill out this form, you can also simply write the IRS a letter. If you are providing your name and want the possibility of receiving an award, also submit IRS Form 211 which is an application for the award.  **The Bottom Line**  Underpayment of federal income taxes (and, subsequently, state income taxes) is a serious problem. The IRS encourages people to submit tips by allowing anonymous submissions and offering generous rewards for informants who are willing to identify themselves. If you can substantiate your claims and are willing to accept the potential consequences of squealing, reporting a tax cheat can be lucrative not only for the government, but also for you.  **Take Control of Your Money**   Whether you\u2019re buying a home, consolidating debt or Planning a Yearly Budget, Investopedia has the guide to overhauling your personal spending, saving and investing. [Click here](http://www.investopedia.com/accounts/signupnewsletter/?list=pf) to start managing your money like the pros.\""}
{"_id": "216278", "title": "", "text": "[Here's](http://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18) and explanation.  The broadest interpretation is that there are quadrillions (1,000,000,000,000,000) of dollars in various markets.  Bill Gates could become a Trillionaire, so even his wealth is a drop the ocean. Well, not really, but you get the idea.  A lot of this money is constantly on the move, it is impossible to track down all the movements. Value is increasing, Value is destroyed etc.  Your bank account can be tallied, but it's impossible to track down the money of the world, a continent or even a small country. Even bigger companies have trouble tracking down their money.  The idea of the 'tally' is a bit of an outdated one, it came from a time when there was a gold standard, and when old fashioned marxism  was still a thing.  //edit: words, English, difficult"}
{"_id": "216286", "title": "", "text": "\"This is really unfortunate.  In general you can't back date individual policies.  You could have (if it was available to you) elected to extend your employer's coverage via COBRA for the month of May, and possibly June depending on when your application was submitted, then let the individual coverage take over when it became effective.   Groups have some latitude to retroactively cover and terminate employees but that's not an option in the world of individual coverage, the carriers are very strict about submission deadlines for specific effective dates.  This is one of the very few ways that carriers are able to say \"\"no\"\" within the bounds of the ACA.  You submit an application, you are assigned an effective date based on the date your application was received and subsequently approved.  It has nothing to do with how much money you send them or whether or not you told them to back date your application. If someone at the New York exchange told you you could have a retroactive effective date they shouldn't have. Many providers have financial hardship programs.  You should talk to the ER hospital and see what might be available to you.  The insurer is likely out of the equation though if the dates of service occurred before your policy was effective. Regarding your 6th paragraph regarding having paid the premium.  In this day and age carriers can only say \"\"no\"\" via administrative means.  They set extremely rigid effective dates based on your application date.  They will absolutely cancel you if you miss a payment.  If you get money to them but it was after the grace period date (even by one minute) they will not reinstate you.  If you're cancelled you must submit a new application which will create a new coverage gap.  You pay a few hundred dollars each month to insure infinity risk, you absolutely have to cover your administrative bases because it's the only way a carrier can say \"\"no\"\" anymore so they cling to it.\""}
{"_id": "216296", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://thefutureprimaeval.net/the-sliding-scale/) reduced by 93%. (I'm a bot) ***** &gt; Contra Graeber, bullshit jobs aren&amp;#039;t a matter of how technical or sexy a job appears.  &gt; Despite being STEM-based, working on cool projects, and ultimately producing results, these engineers&amp;#039; jobs only exist because of demand driven by political incompetence - they are to a large extent bullshit.  &gt; Now, putting on one&amp;#039;s libertarian hat, the obvious counterargument to the notion of bullshit jobs is &amp;quot;If these jobs are so useless, why not start a company without them, and corner the market?&amp;quot; The fact is, many institutions that provide both the jobs are in fact quite efficient - efficient at meeting the artificial demand of government contracts.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6plyzw/the_sliding_scale_of_bullshit_jobs/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~175792 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **work**^#2 **government**^#3 **Bullshit**^#4 **demand**^#5\""}
{"_id": "216300", "title": "", "text": "If a deal is struck, you're part of that deal because you own shares.  If someone offers $10/share for the entire company, you'll get that.  If the stock price is $1.50 and someone offers $2/share, you'll get that."}
{"_id": "216307", "title": "", "text": "**Lock-up period**  A lock-up period, also known as a lock in, lock out, or locked up period, is a predetermined amount of time following an initial public offering where large shareholders, such as company executives and investors representing considerable ownership, are restricted from selling their shares. Generally, a lock-up period is a condition of exercising an employee stock option. Depending on the company, the IPO lock-up period typically lasts between 90\u2013180 days before these shareholders are allowed the right, but not the obligation, to exercise the option.  Lockups are designed to prevent insiders from liquidating assets too quickly after a company goes public.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "216321", "title": "", "text": "I want to know why my investment is having loss in 4 to 5 months. As the funds invest in stock markets, the Pakistan stock market is going down in last 4-5 months from all time high. Should I liquidate my investment or wait in hope that it will grow again? This is opinion based and one cannot predict what will happen in future. The funds may grow or may loose value. If I loose all my investment value, is it insured. OR do I loose everything? The growth fund I understand is not guaranteeing any returns. in theory you can loose all the money, however practically there will be some value. If you need guaranteed returns maybe EFU Guaranteed Growth fund will be better choice."}
{"_id": "216327", "title": "", "text": "I don't think any open source trading project is going to offer trial or demo accounts. In fact, I'm not clear on what you mean by this. Are you looking for some example data sets so you can see how your algorithm would perform historically? If you contact whatever specific brokers that you'd like to interface with, they can provide things like connection tests, etc., but no one is going to let you do live trades on a trial or demo basis. For more information about setting this sort of thing up at home, here's a good link: < http://www.stat.cmu.edu/~abrock/algotrading/index.html >. It's not Python specific, but should give you a good idea of what to do."}
{"_id": "216356", "title": "", "text": "The loan is private, so the business is more of a red-herring. The fact that you're closing it and lost a lot of money explains the loan, but is rather irrelevant otherwise as the loan is personal. Do consider potential tax benefits on writing off a loss, talk to a local tax adviser on that. Pros: Cons: I'm sure there are more considerations, of course, and I'm not familiar with the Canadian social safety nets to understand how much of a damage con #1 would be."}
{"_id": "216359", "title": "", "text": "Dich Thuat, Website: tdichthuat.com.vn, A website for translating specialized English documents with a team of experienced experts Website http://tdichthuat.com.vn D\u1ecbch Thu\u1eadt chuy\u00ean ng\u00e0nh Ti\u1ebfng Anh, v\u1edbi \u0111\u1ed9i ng\u0169 chuy\u00ean vi\u00ean gi\u00e0u kinh nghi\u1ec7m h\u00e0ng \u0111\u1ea7u VI\u1ec6T NAM. Lu\u00f4n lu\u00f4n \u0111em l\u1ea1i ch\u1ea5t l\u01b0\u1ee3ng b\u1ea3n d\u1ecbch c\u00f3 ch\u1ea5t l\u01b0\u1ee3ng chuy\u00ean m\u00f4n cao. Khi b\u1ea1n c\u00f3 ho\u1eb7c ch\u01b0a c\u00f3 nhu c\u1ea7u D\u1ecaCH THU\u1eacT, h\u00e3y m\u1ed9t l\u1ea7n gh\u00e9 th\u0103m Website http://tdichthuat.com.vn, b\u1ea1n s\u1ebd th\u1eadt s\u1ef1 th\u00edch th\u00fa v\u00e0 ch\u00fang t\u00f4i hy v\u1ecdng b\u1ea1n s\u1ebd c\u00f3 nh\u1eefng kh\u00e1m ph\u00e1 b\u1ed5 \u00edch."}
{"_id": "216365", "title": "", "text": "At 22 years old, you can afford to be invested 100% in the stock market. Like many others, I recommend that you consider low cost index funds if those are available in your 401(k) plan. Since your 401(k) contributions are usually made with each paycheck this gives you the added benefit of dollar cost averaging throughout your career.  There used to be a common rule that you should put 100 minus your age as the percentage invested in the stock market and the rest in bonds, but with interest rates being so low, bonds have underperformed, so many experts now recommend 110 or even 120 minus your age for stocks percentage. My recommendation is that you wait until you are 40 and then move 25% into bonds, then increase it to 40% at 55 years old. At 65 I would jump to a 50-50 stock/bonds mix and when you start taking distributions I would move to a stable-value income portfolio. I also recommend that you roll your funds into a Vanguard IRA when you change jobs so that you take advantage of their low management fee index mutual funds (that have no fees for trading).  You can pick whatever mix feels best for you, but at your age I would suggest a 50-50 mix between the S&P 500 (large cap) and the Russell 2000 (small cap). Those with quarterly rebalancing will put you a little ahead of the market with very little effort."}
{"_id": "216366", "title": "", "text": "\"While I've never used Wall Street Survivor, I took a look over the marketing materials and I've seen multiple similar contests run among investment interns also just out of college.  I see some good here and some bad. First off, I love interactive web-based tutorials.  I've used one to learn the syntax of a new programming language and I find the instant feedback and the ability to work at your own pace very useful.  The reviews seem to say that Wall Street Survivor is a good way to learn the basics of how trading stocks works and the lingo.  Also, it seems pretty fun which I've found helps a lot. Wall Street Survivor will hopefully teach you that there are many real stock markets and that they may have somewhat different prices and they likely take the real and timely data from a single market. Wall Street Survivor also frightens me.  The big problem that I see with interns running similar contests is that the market is extremely random over short to medium periods of time.  An intern can make an awful portfolio or even pick stocks at random and still win the contest.  These interns know a lot about the randomness in markets already so they don't believe they are trading geniuses because they won a contest, I'm not sure there is much to temper this view on this web-site. Also, while Wall Street Survivor teaches you about trading it doesn't appear to teach you about investing.  The website appears to encourage short term views and changing positions a lot and doesn't seem to simulate the full trading costs (including fees) that would eat away at the gains of a individual investor that trades that much.  It gives some help with longer term thinking like diversification, but also seems to encourage trading that makes Wall Street Survivor more money, but are likely detrimental to the user. I would say have fun with Wall Street Survivor. Let it teach you some things about trading, but don't give the site much if any money.  At the same time, pick up a copy of short book called \"\"A Random Walk Down Wall Street\"\" and start learning about investing at the same time.  Feel free to come back to Stack Exchange with questions along the way.\""}
{"_id": "216384", "title": "", "text": "\"Having convinced myself that there is no point of paying someone's   else mortgage Somewhat rhetorical this many years later, but I expect some other kid forcefed the obsession with propping up the housing market might be repeating the nonsense about \"\"paying someone else's mortgage\"\" and read this. Will you be buying your own farm to grow your own food, or are you happy with people using the money you spend on food for a mortgage? How about clothes? Will you be weaving your own clothes because you don't want money you spend on clothes to pay someone else's mortgage? What's special about the money you pay for rent that you get annoyed at how someone else spends it? Don't get a mortgage just because you don't like the idea of how other people might spend the money that's no longer yours after you pay them with it. As an aside, at your age with your income and no debt, you could be sensibly investing a lot of money. If you did that for five years, you'd be in a much better position that you would be tying yourself to whatever current scheme the UK is using to desperately prop up house prices.\""}
{"_id": "216391", "title": "", "text": "The problem is aggregating information from so many sources, countries, and economies.  You are probably more aware of local laws, local tax changes, local economic performance, etc, so it makes sense that you'd be more in tune with your own country.  If your intent is to be fully diversified, then buy a total world fund. A lot of hedge funds do what you are suggesting, but I think it requires either some serious math or some serious research. Note: I'm invested in emerging markets (EEM) for exactly the reason you suggest... diversification."}
{"_id": "216393", "title": "", "text": "\"Um, for the same reason they don't give everyone free Google stock or index fund shares, which are also good long-term investments. Or water, which you also have to pay for, or food, which is an excellent short-term investment. Wiping yourself after using the restroom is also a good idea, but I wouldn't wait for the government to do it for you.  \"\"Is a good idea\"\" =/= \"\"the government should do this for everyone for free\"\"\""}
{"_id": "216403", "title": "", "text": "In 2011 Walmart total executive pay [was just shy of $60million](http://insiders.morningstar.com/trading/executive-compensation.action?t=WMT&amp;region=USA&amp;culture=en_US).  Let's make them earn zero.  That would work out as a raise of $2/month per employee.  While I agree with your sentiments about executive pay, such laws never work.  For example the executives could just move to Canada."}
{"_id": "216404", "title": "", "text": "Generally stock trades will require an additional Capital Gains and Losses form included with a 1040, known as Schedule D (summary) and Schedule D-1 (itemized).  That year I believe the maximum declarable Capital loss was $3000--the rest could carry over to future years. The purchase date/year only matters insofar as to rank the lot as short term or long term(a position held 365 days or longer), short term typically but depends on actual asset taxed then at 25%, long term 15%.  The year a position was closed(eg. sold) tells you which year's filing it belongs in. The tiny $16.08 interest earned probably goes into Schedule B, typically a short form. The IRS actually has a hotline 800-829-1040 (Individuals)  for quick questions such as advising which previous-year filing forms they'd expect from you.  Be sure to explain the custodial situation and that it all recently came to your awareness etc. Disclaimer: I am no specialist. You'd need to verify everything I wrote; it was just from personal experience with the IRS and taxes."}
{"_id": "216432", "title": "", "text": "Ah, yeah the way you worded it made me think you were asking the job applicant for their Facebook password. Nevertheless, I think what I wrote could help other employers avoid lawsuits. Ideally, we should pass a law to prevent employers from asking for a Facebook user's password so we can protect employers from discrimination and frivolous lawsuits that could result from a employer asking for a user's Facebook password.   There really can't be that many people who have public profiles, but in that case you are okay as it's fair game with people who have public profiles as it's a sign they have no expectations of privacy.  My facebook profile is friends only and I removed my name/information from the search/cache Facebook has."}
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{"_id": "216441", "title": "", "text": "Assuming this will be a taxable account (since you want to pull income off of it, although this will lower wealth growth), you could open a brokerage account at some place like Vanguard (free on their ETFs) and look at tax efficient index fund ETFs (such as total stock market or their 500 fund), including  some international (foreign tax credit is nice in taxable) and muni funds for the (tax advantaged) income, although CDs are likely better for the income at this point."}
{"_id": "216456", "title": "", "text": "Assets with zero value, perhaps. Unless you can prove that they have resale value. Good luck with that. In other words, not worth spending time on."}
{"_id": "216477", "title": "", "text": "It's interesting to think about but there are only two huge franchises that Disney doesn't own, that could be used for instantly recognizable content in every age group.   Harry Potter, and Nintendo.   It would be interesting to see if Netflix or Amazon makes a bid for one of these companies just as a pure blocking play to Disney."}
{"_id": "216494", "title": "", "text": "Exactly. A fundamental principle of economics is that purchases are only so valuable, and when the price increases beyond that value, they are no longer needed. If someone has calculated that these people will costs millions, while only returning thousands, there is clearly no point in hiring them. It is exactly like considering private jet in the millions, when thousands of dollars of commercial airfare would do. There is no real reason to own the jet either.  It is still fun to dream about owning a private jet. You might remark about buying one if they were cheaper. But, realistically, it is not needed given the costs. It is also fun to dream about growing your business, and tell others that you would grow your business with cheaper people, but it's not needed given the costs."}
{"_id": "216515", "title": "", "text": "\"They close accounts to render them inoperative.  They never delete accounts because they want to retain the data to inform any future decision to give you credit.     Also, 99% of the time, if a customer demands their account be deleted, it's because of adverse credit marks and the angry customer wants this accurate information to stop burning their credit report. The answer in this case absolutely must be \"\"heck, no!\"\"  That pretty much precludes any valid reason to delete an account.  As such, their business systems are not built in a way to make account deletion really possible. Even if you got a job with the company's data-processing department and had direct query/write accesses to the databases, you would find it technically inachievable to surgically remove the specific data (without risking serious damage to the entire DB).  And it would still be in transaction logs, so not gone forever.   Another reason to keep your account alive is to give you online access to statements.  After all, the IRS can audit you 5 years after the fact, so it's real nice to be able to go back that far.  Most places the statue of limitations is 6-7 years, so again, defending yourself in a lawsuit, here's raw data from an independent third party that you couldn't have faked.  Strictly from a customer service POV, that means you can self-serve on requests like that, instead of having to involve expensive staff time.     I totally get the annoyance of having yet another login/password you don't want to have flapping out there in the breeze potentially exposed to a cracker... but given that the account is closed, it's probably not going to cause you much trouble.  If anything, change the password to one outside your normal choices, perhaps even one you don't know (retain). As long as you retain the email you have tied to the account, you can always reset the password on the off chance you ever need to get back in.   Speaking of that, don't rely on your ISP's (me@rr.net or me@att.net or me@xfinity.com), get a Gmail account. I have a dedicated gmail account just for stuff like that.\""}
{"_id": "216520", "title": "", "text": "With 30 years until retirement I would not be very concerned about the 3% cash rule. If you do want to follow that advice I would just keep that money in a cash equivalent like a money market fund or short term cd."}
{"_id": "216526", "title": "", "text": "\"I am not trying to \"\"attribute the current economic climate and the decisions that stem from that with raising tax rates.\"\"  I simply think that a higher tax rate for the wealthy will further slow the \"\"recovery\"\". I also think that the issue of tax rates is being used to divert the attention of the people from that which is actually killing us: the national debt that is mushrooming thanks to trillion dollar deficits. The tax hikes are used to provoke a fight between red and blue without getting to the crux of the matter.   The reality is that at most the government might be able to raise taxes that would generate 200 or 300 billion dollars more in yearly revenue over the short term. Over the long term these taxes will drive capital off-shore and into investments that shelter it from taxes at the same time that the debt continues to increase at over 1 trillion per year anyway!  The debate should be this: Do we want to cut Federal spending by 40% now, or do we want to cause an economic and monetary collapse by continuing along with deficits that are 10% of GDP?\""}
{"_id": "216533", "title": "", "text": "Change isn\u2019t easy, but with retirement communities augmenting care this it may not seem as difficult. Assisted living communities are indeed providing a better quality of life, wellness and a social life for seniors.   There are many compelling reasons to consider life in Retirement communities Utah:   \u25cf Access to wellness programs: in-house gym, group exercise classes, and even scheduled visits by personal trainers are opportunities offered by various retirement communities. Wellness is taken very seriously at these places that go far beyond the care received by the family at home.    \u25cf Socializing \u2013 retirement communities are the best place for seniors living alone to socialize with like- minded people. There is always common areas within the premises where they can meet. Additionally, planned, structured activities like field trips, dancing, and cultural event makes it easier to maintain social relationships and keep oneself entertained.   \u25cf Safe environment \u2013 safety and comfort are the two words that describe a retirement community. A wide range of safety is required by seniors as their physical health begins to wane. Thus assisted living communities are designed for mobility and accessibility such as shower railing, 24 hours emergency alert buttons, etc. These minute precautionary measures prevent falls, accidents and provide rapid access to assistance. These communities are usually located near a hospital enabling residents to take advantage of any healthcare treatment anytime.   \u25cf Intellectual stimulation \u2013 it is important to develop and maintain good brain health habits, as our brains are responsible for much of our body functions. Mentally stimulating exercises, planned activities, learning new things, solving puzzles and playing games strengthens the mental ability of a person. Retirement communities Utah boast of such activities on an everyday basis.    \u25cf Supervised nutrition \u2013 a well balanced, nutritious, three meals a day tailored to the changing health needs of individual seniors reduces the risk of high cholesterol and stroke. A rainbow of colors meals ensures residents are receiving the necessary nutrients.    \u25cf Housekeeping \u2013 residing in retirement communities Utah is truly rewarding. Housekeeping, weeding the garden, getting the appointments and social engagements can be easily taken care of by the caregivers. Many of these facilities even offer transportation services.   Life in retirement communities Utah such as Summerfield Retirement is all about finding the perfect balance and living these golden years to the fullest.  Visit us: http://summerfieldinfo.com/"}
{"_id": "216540", "title": "", "text": "You know those perks/benefits that you don't want to give up? Those are funded by the fees you are trying to eliminate by paying cash. The credit card company makes money by interest, merchant fees, and other fees such a annual fees. They give you perks to generate more transactions, thus bringing in more merchant fees. For a small business they need to balance the fee of the credit card transaction with the knowledge that it is convenient for many customers. Some small businesses will set a minimum card transaction level. They do this because the small transaction on a credit card will be more expensive because the credit card company will charge 2% or 50 cents whichever is larger.   Yes a business does figure the cost of the cards into their prices, but they can get ahead a little bit if some customers voluntarily forgo using the credit card."}
{"_id": "216557", "title": "", "text": "\"The BitCoin section is just hilarious and highlights how rediculous some of the Crytocurrency market has become (not counting BitCoin and ETH). This quote in particular from the start-ups press-release had my cracking:  &gt;\"\"In order to purchase and support WEED anyone that sends 1 President Johnson coin ($GARY) to the Company\u2019s Omni Layer Bitcoin Wallet will receive 1 WEED coin into their Omni Wallet\"\"\""}
{"_id": "216559", "title": "", "text": "This sort of question pops up with every new or sexy technology, and it's born (IMO) from the misguided opinion that a growth industry is a source of huge, guaranteed profit.  The reality is that, even in rapidly growing tech sectors, there is a high infant mortality rate. A lot of balloons go up, many pop, some drift far off course, some get tangled in the branches... and a few rise to the heavens, making the early investors look like supergeniuses.  Some very few of them were! They did their research, they made calculated risk assessments, and they chose AAPL over competitive companies.   Some bought AAPL near the IPO through luck. If your investment strategy idealizes these guys, go to Las Vegas and bet on red. Red never fails. Plus: you'll get free drinks, a buffet, and a nice stage show while you go bankrupt.  But in general, companies within a new, rising sector like marijuana dispensaries/farms/whatever aren't guaranteed growth. Do your research, and diversify your investments!"}
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{"_id": "216581", "title": "", "text": "Mutual funds are only traded once per day, while other securities can be traded any time during the day. Mutual funds are actually a collection of other things that have value, such as stocks. The price of a mutual fund is calculated at the end of the day after the market closes by looking at how much the collection of things changed in value during the day."}
{"_id": "216588", "title": "", "text": "That's a really optimistic view of algorithmic trading and ML . ML is good at pattern recognition and finding new patterns (finding alpha), not at evaluating sources.    The algorithms are programmed to only try to improve returns within a given risk tolerance; it does not care whether the information is fake or not. If anything, it behooves the people (quants) who design these algorithms to utilize fake data and enjoy a free lunch at the expense of dumb retail investors."}
{"_id": "216590", "title": "", "text": "\"Sounds like your grandmother's estate had taxable income and the estate did not pay the estate \"\"INCOME\"\" tax.  Rather the estate shifted the burden to pay that tax on the beneficiaries which is why you received a K1.  If that K1 reports income received by you, then YES you would have to amend your tax return.  I am in exactly that same situation now.  After the October 15 deadline to file 2012 tax returns, I received a K1 for income received from my dad's estate.  I now have to file a late amended 2012 income tax return and pay income tax on what I inherited. My dad had a small estate, but the money that made up that small estate all came from an IRA he had.  He designated the estate as his beneficiary.  So when the stocks in the IRA were sold, that all became taxable income to the beneficiaries of the estate. Anything involving taxes is confusing at best.  But do not confuse estate income tax, with estate tax -- they are two different taxes. Hope this helps.\""}
{"_id": "216600", "title": "", "text": "It depends, I just went through the process, and I switched from a liberal arts background to a Comp Sci field.  I had to take a year of prereqs to qualify.  I went to Auburn University for undergrad, which basically falls into the not great but not bad category.  If you university falls in that range and you have above a 3.0, and can get above a 700 on a GRE quantitative test, you can most likely get funding somewhere.  It may be less than ideal, but if you can find a prof that will take you on and you feel it is worth your time, thats really all that matters IMHO.  Best of luck."}
{"_id": "216601", "title": "", "text": "80% of the US population has Facebook. No other network comes near, Instagram and Twitter are at ~37% and ~34% last I checked.   While Instagram is booming, FB still has a long way to go if people think it's going to fall."}
{"_id": "216611", "title": "", "text": "&gt; Nonetheless, the sector has turned into something of a bubble characterized best by the surge in GPU stocks, Advanced Micro Devices and Nvidia, driven by a cryptocurrency mania.  Bitcoin and Ethereum have fallen sharply over the past month, and we believe they will fall a lot more.   This what happens when you bet against cryptos.  Let that be a lesson."}
{"_id": "216636", "title": "", "text": "Or, Zuckerberg was trying to find out how to enhance Facebook based on feedbacks...  if Z man has political ambitions, I wonder if it will be a fair fight as he has the captive audience in FB behind him where he can absolutely cater custom messages to each user, depending on his/ her political Likes and dislikes on FB!"}
{"_id": "216653", "title": "", "text": "Your argument is correct. However, from a personal experience, the last 10 or so times that I have ordered Dominoes is because it's a lazy Sunday mid morning and they have my order preferences and credit card stored so ordering takes a minute or less. Basically with the online channel they have created a method of promoting impulse buying amongst customers who's orders don't change."}
{"_id": "216669", "title": "", "text": "A few ideas :   sell snacks for the trip, or alternatively just raise your prices and give the snacks for free.   Print out a sign with some pictures of where you'll take them, tease the experience.   Install curtains that can be opened or closed in case customers want more or less shade / privacy.  Have a radio or some speaker to play music during the trip."}
{"_id": "216678", "title": "", "text": "\"but there's that risk of me simply logging on to my online banking and transferring extra cash over if I cave in. Yep, there's no reasonable substitute for self-control. You could pay someone else to manage your money and dole out an allowance for your discretionary spending, but that's not reasonable for most people. Your money will be accessible to you, you don't need it inaccessible, you need to change the way you think about your available money. Many people struggle with turning a corner when it comes to saving, a tool that helps many is a proper budget. Plan ahead how all of your money will be used, including entertainment. If you want to spend \u00a3200/month on entertainment, then plan for it in a budget, and track your spending to help keep within that budget. It's a discipline thing, but a budget makes it easier to be disciplined, having a defined plan makes it easier to say \"\"I can't\"\" rather than \"\"I shouldn't, but... okay!\"\" There are many budgeting tools, just pick one that has you planning how all your money is spent, you want to be proactive and plan for saving, not hoping you have some leftover at the end of the month.  Here's a good article on How and Why to Use a Zero-Sum Budget. Some people have envelopes of cash for various budget items, and that can be helpful if you struggle to stick to your budget, once the entertainment envelope is empty, you can't spend on entertainment until next month, but it won't stop you from blowing the budget by just getting more cash, as you mentioned.\""}
{"_id": "216694", "title": "", "text": "You have a misunderstanding about what it is. Absent differential tax treatment buybacks and dividens are the exact same. period. You're saying it yourself, not buying back stock so they can pay out dividends. What the impetus might be is irrelevant. Dividends are a use of funds competing equally with investments or higher salary."}
{"_id": "216700", "title": "", "text": "The real advantage here is that our new Monarchy may bring Sir Horton's to heel in order to stop trying to compete in the burger market. And then Tims can go back to making quality donuts and end this silly dark brew experiment."}
{"_id": "216708", "title": "", "text": "\"I have a slightly different take on this, compared to the other answers. In general, I think your emergency fund should always be at least 3K, especially if you own a used car that is out of warranty. Any number of unlucky auto repairs could easily cost over 2K. So, if you have 7K in savings, I would personally buy a car that is 4K or less or finance any amount of the car over 4K (if you can get a relatively low interest rate). Then I would pay down the financed portion of the car as quickly as possible while maintaining at least a 3K emergency fund. That being said, notice I mentioned \"\"In general\"\". Your situation may actually be quite different. If you don't have much debt, with your income you might be able to build up a couple of thousand in savings in a single month, and if so the above doesn't really apply. Even if you spent the entire 7K on a car, you'd likely have at least 3K in your emergency fund within 60-90 days. As for what's responsible, there are too many factors to dictate that. If you don't have many other expenses, you could possibly afford a $40K car, and I don't think anyone here could fairly call that \"\"irresponsible\"\" if you spent that much, though surely no one would call it \"\"responsible\"\" either. Perhaps the best advice is to buy the least expensive car you will be happy with. Many people regret overspending on a vehicle, but few regret underspending (unless they got a lemon that requires lots of repairs). Finally, you could also consider another option. You could get a very cheap car for 1K or less and drive it for a year. By then you may have closer to 20K saved up for a much nicer car than you can afford today.\""}
{"_id": "216717", "title": "", "text": "Lowered rates = boom for equities, currently held bonds, and assets. Cheaper money means a (disproportionately) good time had by all. This all comes with malinvestment, potential for moral hazard, and savers losing in a big way. Why save for retirement when your risk free return on US Treasuries can barely keep up with inflation? As an aside, it is not really a risk free rate anymore, with $20 trillion in debt and no real hope of paying it off.  This is why we see the rate increases and movement towards asset sales by the Fed to get the poop off their books. They are worried about all of the above and need more arrows in their quiver when the next recession hits. They won't have enough, however. They are trying to right a ship that is fully overturned.   This is now the longest period of growth (however tepid) since the tech bubble of the 1990's. Are the fundamentals really better than then?"}
{"_id": "216720", "title": "", "text": "Irrational exuberance leads to crashes but the fundamentals recover.  This is absolutely going to hurt some companies with already announced IPO's and will delay others from going public.  But nothing fundamental has changed - some speculators just got shot down."}
{"_id": "216721", "title": "", "text": "\"Not arguing w that at all, and you can't colo w IB afaik. Their API over WAN, VPN or CTCI on direct line only. If you colo at Nasdaq and clear through Lightspeed you're talking microseconds (which is where my actual low latency strats are). But yes, I suppose for IB I should have mentioned \"\"low-ish\"\" latency rather than actual low latency. So I'll add a caveat to the newbs - don't try to do ECN arb (or any other super-low-latency strat) or market-make (their cancel fees will kill you) the entire equity universe through IB. It won't work. They're not suitable for that.  My 50-100 reference was for WAN IB clearing for these guys probably using their API through IB gateway or TWS, which is how most would likely start. Doubt they're diving head first into ECN arb day one - they probably wouldn't be doing lowest latency stuff, most peeps start w some sort of trend following strat in my exp and you can work on those timescales w those. Trying to give advice for people starting out, not for other already pro algo traders.  But yes, finprogger is correct, IB would not be a suitable broker to use for a competitive ultra low-latency strat. They are too slow.\""}
{"_id": "216724", "title": "", "text": "\"people these days believe income is a human right or something. im sorry, but if you spent 12 years of your life staying up late, studying your ass off while working in the service industry to support yourself so you can eventually become a doctor, you will probably make more than if you just went home after work those 12 years, ate cheetohs in front of the tv and watch cartoons. if you are not happy with the amount of income you currently make, stop using the internet to bitch about it and use it to better and add value to yourself. there are many opportunities all over the place, online education, scholarships, internships. The idea of \"\"a fair share of income\"\" teeters on communism, if you ask me.\""}
{"_id": "216734", "title": "", "text": "This may not be related to the US stock exchanges but in the Australian stock exchange (ASX) many of the largest shareholders of companies are bank nominee companies. i.e. JP Morgan Nominees Limited or HSBC Custody Nominees and they own large stakes in many business's.   Who's behind these investments exacly? Could it be literally anyone and if so why do they hide behind these nominee companies? Do all banks have some kind of wealth management/funds management business?"}
{"_id": "216741", "title": "", "text": "\"If I understand you correctly, your logic goes wrong right at the beginning. It sounds like you think one could avoid the income tax that would otherwise be owed to the US because of earning the money that was sent as a gift. That's not normally true. From the IRS's Gift Tax FAQ: May I deduct gifts on my income tax return? Making a gift or leaving your estate to your heirs does not ordinarily affect your federal income tax. You cannot deduct the value of gifts you make (other than gifts that are deductible charitable contributions). So the person who sends $10k to their parents doesn't pay any less income tax than if they had kept the $10k in the US, or had just send the $10k overseas directly to their own bank account. Gifting and re-gifting didn't accomplish anything from the point of view of IRS taxes. You may have been confused by the \"\"annual exclusion\"\" that's mentioned on that same page. This exclusion is an exclusion for the gift tax. This is a separate tax on gifts, usually paid by the person who gives the gift. If it weren't for the exclusion, one would pay taxes twice on the money sent to their parents: first, when the money is earned, and then again when the gift is given. The exclusion helps avoid this second tax.\""}
{"_id": "216745", "title": "", "text": "Facebook is primarily a Business-to-business (B2B) company. This means that their customers are other businesses. The vast majority of Facebook's income is selling advertising to businesses.  Someone once said something about the online services business model that I thought was brilliant. If you aren't paying for the service, then you aren't the customer, you are the product. When you use Facebook, you are not really one of the customers of Facebook; instead, Facebook is selling your attention to advertisers.  Facebook probably sells a few things directly to consumers, such as games, but the majority of their business is B2B."}
{"_id": "216755", "title": "", "text": "You should be careful to pick the Ferro Silicon Import Data, as only the genuine data will support your business. You get access any information related to import trade and the information includes HS code, Product Description, Bill of Loading, Quantity, Country Name, Port Name etc."}
{"_id": "216757", "title": "", "text": "\"Great question! While investing in individual stocks can be very useful as a learning experience, my opinion is that concentrating an entire portfolio in a few companies' stock is a mistake for most investors, and especially for a novice for several reasons. After all, only a handful of professional investors have ever beaten the market over the long term by picking stocks, so is it really worth trying? If you could, I'd say go work on Wall Street and good luck to you. Diversification For many investors, diversification is an important reason to use an ETF or index fund. If they were to focus on a few sectors or companies, it is more likely that they would have a lop-sided risk profile and might be subject to a larger downside risk potential than the market as a whole, i.e. \"\"don't put all your eggs in one basket\"\". Diversification is important because of the nature of compound investing - if you take a significant hit, it will take you a long time to recover because all of your future gains are building off of a smaller base. This is one reason that younger investors often take a larger position in equities, as they have longer to recover from significant market declines. While it is very possible to build a balanced, diversified portfolio from individual stocks, this isn't something I'd recommend for a new investor and would require a substantial college-level understanding of investments, and in any case, this portfolio would have a more discrete efficient frontier than the market as a whole. Lower Volatility Picking individual stocks or sectors would could also significantly increase or decrease the overall volatility of the portfolio relative to the market, especially if the stocks are highly cyclical or correlated to the same market factors. So if they are buying tech stocks, they might see bigger upswings and downswings compared to the market as a whole, or see the opposite effect in the case of utilities. In other words, owning a basket of individual stocks may result in an unintended volatility/beta profile. Lower Trading Costs and Taxes Investors who buy individual stocks tend to trade more in an attempt to beat the market. After accounting for commission fees, transaction costs (bid/ask spread), and taxes, most individual investors get only a fraction of the market average return. One famous academic study finds that investors who trade more trail the stock market more. Trading also tends to incur higher taxes since short term gains (<1 year) are taxed at marginal income tax rates that are higher than long term capital gains. Investors tend to trade due to behavioral failures such as trying to time the market, being overconfident, speculating on stocks instead of long-term investing, following what everyone else is doing, and getting in and out of the market as a result of an emotional reaction to volatility (ie buying when stocks are high/rising and selling when they are low/falling). Investing in index funds can involve minimal fees and discourages behavior that causes investors to incur excessive trading costs. This can make a big difference over the long run as extra costs and taxes compound significantly over time. It's Hard to Beat the Market since Markets are Quite Efficient Another reason to use funds is that it is reasonable to assume that at any point in time, the market does a fairly good job of pricing securities based on all known information. In other words, if a given stock is trading at a low P/E relative to the market, the market as a whole has decided that there is good reason for this valuation. This idea is based on the assumption that there are already so many professional analysts and traders looking for arbitrage opportunities that few such opportunities exist, and where they do exist, persist for only a short time. If you accept this theory generally (obviously, the market is not perfect), there is very little in the way of insight on pricing that the average novice investor could provide given limited knowledge of the markets and only a few hours of research. It might be more likely that opportunities identified by the novice would reflect omissions of relevant information. Trying to make money in this way then becomes a bet that other informed, professional investors are wrong and you are right (options traders, for example). Prices are Unpredictable (Behave Like \"\"Random\"\" Walks) If you want to make money as a long-term investor/owner rather than a speculator/trader, than most of the future change in asset prices will be a result of future events and information that is not yet known. Since no one knows how the world will change or who will be tomorrow's winners or losers, much less in 30 years, this is sometimes referred to as a \"\"random walk.\"\" You can point to fundamental analysis and say \"\"X company has great free cash flow, so I will invest in them\"\", but ultimately, the problem with this type of analysis is that everyone else has already done it too. For example, Warren Buffett famously already knows the price at which he'd buy every company he's interested in buying. When everyone else can do the same analysis as you, the price already reflects the market's take on that public information (Efficent Market theory), and what is left is the unknown (I wouldn't use the term \"\"random\"\"). Overall, I think there is simply a very large potential for an individual investor to make a few mistakes with individual stocks over 20+ years that will really cost a lot, and I think most investors want a balance of risk and return versus the largest possible return, and don't have an interest in developing a professional knowledge of stocks. I think a better strategy for most investors is to share in the future profits of companies buy holding a well-diversified portfolio for the long term and to avoid making a large number of decisions about which stocks to own.\""}
{"_id": "216781", "title": "", "text": "I think it all boils down to which is your priority.   So it all depends. People that want the stock sooOoooo badly will definitely go for the market order."}
{"_id": "216783", "title": "", "text": "I agree that the surface explanation is that expenses used to generate income are deducted, however there clearly is a double standard in how is applied.  For example I cannot deduct my car even though I use it primarily for commuting to work (I would consider that income generation), yet companies are allowed to deduct corporate jets. I can't deduct meals when I ate out with professional acquainted where much of the conversations are related to my profession and so directly relevant to my income, yet businesses can claim sending their executives to a country club because business was discussed or it was a team building excise. Etc etc."}
{"_id": "216789", "title": "", "text": "\"The standard is actually 30 hours a week over a given period of time (3-12 months of the previous taxable year).   The interesting problem for the prototypical employer who wants to offer benefits to as few employees as possible is ERISA Sec. 510. According to the above poster, companies want to avoid hiring full time positions. However, based on employer needs, only hiring part time workers will not be feasible for many businesses. Furthermore, if employers restrict hours for the purpose of denying access to benefits, they may be violating ERISA Sec. 510, which would lead to a major lawsuit for that business. As ERISA is an opt-in class action statute, as well as a generous attorney fee statute (it's easier for plaintiff's lawyers to make the defense pay their legal fees, see ERISA 502(g), CIGNA v. Amara), it would be unwise for employers to simply refuse to hire any more full time employees.  Of course, companies will be looking to avoid \"\"overpaying\"\" for benefits in any way they can. But simplistic conclusions, such as vexu gave, that they will not hire full time workers fails to grasp both the complexity of PPACA and the consequences of a given employer's actions.\""}
{"_id": "216794", "title": "", "text": "\"Um, okay.  Sorry for being in a different place than you.  Fuck me, right?  I'm in my 30s, grew up in a dilapidated trailer, dirt poor, no \"\"big screen\"\" TVs, no AC in our car (if it worked that day), alcoholic/absent dad, started working under the table when I was 14, didn't go to college, didn't get a loan or some other financial windfall -- and worked my fucking way up to reserving the Mustang or Charger when I travel for business.  So go fuck yourself.  Good luck with everything in the future, though.\""}
{"_id": "216800", "title": "", "text": "\"I guess I'm that 20%. Sure, go ahead and bus you kids to my school district, for which my taxes pay a hell of a lot more than your taxes pay in your district (in my state, it's a percentage based on district that one pays). But\u2026 don't cry racism or privilege when your kid is expelled -- and that goes for anyone, not just people in my class.  You know what's _really_ strange? I picked my neighborhood based on the superior public schools. Yet, I have neighbors and coworkers who pay for private school because public schools \"\"suck.\"\"\""}
{"_id": "216812", "title": "", "text": "&gt;  Baby boomers delayed buying houses because of a decade long recession in the 1970's because of a high price for oil.  Fun fact #1:  new housing starts hit their all-time peak in the 1970s, even more than in the 2000s housing boom.  Fun fact #2: if you look at the housing starts by year for the 20 years from 1970-1989, the top 5 are in the 1970s.  [Source](https://fred.stlouisfed.org/graph/?g=eYX1)"}
{"_id": "216823", "title": "", "text": "Lowered bid ask spread. If you as a market market have to onto inventory (risk) for a long period then you have to charge your customers a commensurate premium. The groups who have lost because of HFT are big banks, any large investor who used to get preferential treatment from brokers, and floor traders. The groups who have won are retail investors and those investors who weren't large or connected enough to get preferential treatment from brokers (majority of investors)."}
{"_id": "216827", "title": "", "text": "You pay taxes on capital gains when you realize your gains by selling the investment property.  Also, in the US, taxes on capital gains are computed at special rates depending on your current income level, and so when you realize your gains two years from now, you will pay taxes on the gains at the special rate then applicable to your income level for the year of sale. Remember also that the US Congress  can change the tax laws at any time between now and the time you sell your stocks, and so the rates you are looking at now may have changed too."}
{"_id": "216849", "title": "", "text": "\"The IRS has a FAQ page about Hardship Distributions from a 401(k). The IRS defines a hardship in this case as \"\"an immediate and heavy financial need of the employee and the amount must be necessary to satisfy the financial need.\"\"  Included in the list of examples is \"\"certain expenses for the repair of damage to the employee's principal residence.\"\"  However, whether your former employer allows this particular reason is up to their plan documents.  It sounds like, from what you described on the website, that your plan does include this reason as a possibility for you. Next, you need to decide if the projects you have in mind qualify as \"\"repair of damage.\"\"  This uses the same rules as the deductible casualty rules found in IRS Publication 547, which defines a casualty this way: A casualty is the damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected, or unusual. A sudden event is one that is swift, not gradual or progressive. An unexpected event is one that is ordinarily unanticipated and unintended. An unusual event is one that is not a day-to-day occurrence and that is not typical of the activity in which you were engaged. Examples are given in Pub 547.  If the projects you have in mind are necessary due to an event (like a flood or a fire), it might be allowed.  But most \"\"home improvement\"\" projects would not qualify for this. If you'd like a way to simplify your financial profile, an option for you, since you no longer work at this employer, is to roll over this 401(k) into a Rollover (traditional) IRA.  This way, you won't have to deal with your former employer anymore.  You could pick an IRA custodian that you already have another account with, if you like, and reduce the number of statements that you get.  But the IRA will not let you take money out without penalty for home improvement projects, either.\""}
{"_id": "216857", "title": "", "text": "&gt; they just move to a country with better laws.  That's happening now with H1B visas and outsourcing.  Even here, the government can do simple laws to eliminate this: require to report any work done for the organization outside the country and tax it.  Why it has not been done until now is, **AS YOU CAN SEE**, the government care more about business saving money rather than protecting the middle-class.  **You can also tax robots!!!!** That's not done either."}
{"_id": "216887", "title": "", "text": "Unless you're going to claim that humans lack free will, you can't reduce human action to deterministic processes that you can test in a particle accelerator.  You reference experiments, but there have been no experiments. If you really are a physicist, I find it seriously disconcerting that you'd so flippantly conflate experimental data with observational data. They are not the same thing.   If you happen to know any statisticians, it might be worth your while to have a refresher chat on this distinction with one of them.  To put is very simply: the tools of physics are inappropriate for an analysis of any phenomenon that involves human choices, and if you insist on an empirical approach when key variables (the internal state of the mind) are not measurable, you are wrong."}
{"_id": "216892", "title": "", "text": "Federal income tax refunds received during 2016 are not taxable income for 2016 (or any other year) on either the Federal or the State tax return. The State income tax refund for 2015 received during 2016 is not taxable income on the State tax return for 2016. It is taxable income on the Federal tax return for 2016 only to the extent that you received a tax benefit (reduction in Federal income tax due) from deducting State income tax as an Itemized Deduction on your 2015 Federal return. If you didn't deduct State income tax because you deducted State sales tax instead, then the State income tax refund is not taxable income on the Federal tax return."}
{"_id": "216902", "title": "", "text": "\"&gt;After all, McDonald\u2019s KSA, the Saudi Arabian franchise of the fast-food giant, is owned by Mishaal Bin Khalid al Saud, another prince and close relative to Salman.  So a Saudi prince swore allegiance to the new crown prince. So not \"\"McDonald's\"\".\""}
{"_id": "216904", "title": "", "text": "https://www.aqr.com/cliffs-perspective/please-stop-talking-about-the-vix-so-much  Cliff has a lot more on the VIX. Also, while I don't always agree with him (though here I do), his articles tend to be well cited and thus very good starting points for discovery."}
{"_id": "216912", "title": "", "text": "Some of the items required as part of the home buying and mortgage process are traditionally paid prior to closing. These are usually the items that the buyer purchases as part of the process: home inspection, credit check. These expenses take place early in the process and if the deal falls through due to the inspection or credit history problems the seller doesn't want to get stuck paying for. The buyer will frequently have to write a check for these as they occur. Other items occur later in the process or even at the very end of the process. Determining which side pays for each item is a combination negotiation and local tradition. Even for the items that the buyer has to pay for, there can be a negotiation between the  buyer and the lender. Sometimes the lender allows the buyer to roll the closing costs into the loan, this does mean that they will be paying interest on the closing costs for years. But not rolling in the closing costs mean that you need more cash on hand. This is in addition to the down-payment and the costs of moving.   The closing costs covered by the seller reduce the size of the check they will receive at the end of the process. Their willingness to kick in this cash is a function of will they still make money on the deal, how many other bidders there were, and do they need the cash to buy their next house. At settlement the forms identify each item involved and who agreed to pay for it, then each side is credited for the items they paid for already. Then each side either writes a check for the balance due or receives a check for their reimbursement. Keep in mind there are also money exchanges that take place at the closing that are not covered by the buyer: real estate commissions. There are also items such as interest for the current month, and property tax credit that depend on the day of the month and month of the year.  Sit down with your agent or your lender to get an idea of what you need to pay before closing.  Though telling everybody that you will have zero cash to pay for these things may make the lender very nervous about approving a loan."}
{"_id": "216915", "title": "", "text": "\"I think practically, although we most surely will have real estate \"\"bubbles\"\", nothing will hit 2008 style panic for a long time, as the banks are now not nearly as leveraged as they were back then. All large banks passed the feds \"\"stress test\"\" this year for the first time. Housing prices may drop a bit, and that correction may dip the market (or vice versa), but there will be much less damage to the economy.\""}
{"_id": "216917", "title": "", "text": "\"&gt; As far as seizing a promotion. I don't understand why someone who is inferior in every aspect except personal favor is automatically the best candidate for a promotion due to backdoor politics. So what you're saying is that I should focus on my soft skills and less on everything else in order to get ahead?  Well, that's a cynical definition of what I mean by \"\"seizing a promotion\"\", but it's not far off -- you just make it sound dirty. :)   In the end we humans are social/pack animals. Nothing is going to change that anytime soon. Plus we live in a market based society: you need to prove why you should be paid more. How do you prove you should be paid more? One way is to seize a promotion by having them believe that the cost of replacing you too high if you walk. Get your hands around their balls and squeeze. Otherwise, how do they really know that you're \"\"superior in every way\"\" to others competing for the role. Your bosses are likely busy and stressed, they don't have time to evaluate every little thing you do; you need to communicate it. Honestly put yourself in their shoes. The first biggest mistake I see people make in their careers is to never communicate their successes. The second biggest mistake I see it to try to squeeze their balls after you're lost your leverage. Yesterday's heroes are forgotten; make hay while the sun shines; etc. Once you've got the those first two taken care of, you have to learn to not squeeze too much and ideally squeeze their balls in a way that makes them feel thankful that you're squeezing them -- think \"\"win-win\"\". After all, if you can help your boss squeeze his boss' balls, you better be giving your boss' balls a good old fashioned squeezing. Nothing about this is meant to sound underhanded or backroom politic-ie. No one can succeed on soft skills alone and no one can succeed on pure expertise. You need to blend the two and hone them to your environment -- or go find a more suitable environment. A high performer who can't capitalise on his performance quickly ends up in a \"\"too valuable to promote\"\" position.  You seem to have very little respect for your coworkers in general. So why the fuck are you still there?!? A true high performers rarely can stomach working with people they despise as long as you've been with this company.\""}
{"_id": "216962", "title": "", "text": "Monetizing loan is akin to loan money the banks don't have so they can lend money to people/state that don't have money. The ECB and the FED are theorically independant from the political power, and in pratique they more often than naught proove it (at least for the ECB), after that being independent from the financial sector they lend to... that's another question. Rates are low not because they monetize but because they want to do so without inducing inflation."}
{"_id": "216963", "title": "", "text": "Just talking about newly built homes. Young people are going to apartments and are renting just like the article is saying. I don't think the boomers are being *that* held back (on a macro level) by their kids moving in."}
{"_id": "216964", "title": "", "text": "You can't predict when to buy a stock during the day to guarantee not having a loss for the day. In the short run stock prices are really pretty random. There are many day traders who try to accomplish exactly this and most of them lose money. If you don't believe me, create an account on Investopedia and use their free stock market simulator and try day trading for a few months."}
{"_id": "216990", "title": "", "text": "Good answers here. I would like to add one more (less obvious) way to save - look for houses that are For Sale By Owner (FSBO). Owner's who are selling without an agent do not have to pay a seller's agent fee. The closing cost savings here are actually on the seller's side of the transaction. However, since you know the seller is saving money, you may be able to negotiate a lower overall selling price with them (or it may be priced lower than comps already) because of this factor. FSBO houses maybe trickier to find than those listed by an agent, because they will not appear on the national MLS used by realtors to find/advertise houses that aren't being sold by their own clients. You may need to physically walk the streets of the neighborhood you're interested in moving to, to look for FSBO yard signs. FSBO sellers may also advertise in local newspapers."}
{"_id": "216997", "title": "", "text": "\"If you tried to live a 50's lifestyle (a lot more home cooking, much less electronics, a smaller house, a single car etc.) I think you would be able to afford it.  Also, I know of several people where the husband works and the wife stays at home - its do-able, its just hard to \"\"keep up with the Jone's\"\" bacuase you have half the money\""}
{"_id": "216998", "title": "", "text": "&gt; By the time the angry buying public is on to him and rejects his products, the damage has already been done, and he has already made out like a bandit and is probably in the process of closing shop and reopening under a different name to repeat the process all over again.  As if this doesn't happen on a daily basis in our heavily regulated markets."}
{"_id": "217002", "title": "", "text": "Market cap probably isn't as big of an issue as the bid/ask spread and the liquidity, although they tend to be related. The spread is likely to be wider on lesser traded ETF funds we are talking about pennies, likely not an issue unless you are trading in and out frequently. The expense ratios will also tend to be slightly higher again not a huge issue but it might be a consideration. You are unlikely to make up the cost of paying the commission to buy into a larger ETF any time soon though."}
{"_id": "217006", "title": "", "text": "Am I correct in understanding that a Scrip Dividend involves the issue of new shares instead of the purchase of existing shares? Yes. Instead of paying a cash dividend to shareholders, the company grants existing shareholders new shares at a previously determined price. This allows shareholders who join the program to obtain new shares without incurring transaction costs that would normally occur if they purchased these shares in the market. Does this mean that if I don't join this program, my existing shares will be diluted every time a Scrip Dividend is paid? Yes, because the number of shares has increased, so the relative percentage of shares in the company you hold will decrease if you opt-out of the program. The price of the existing shares will adjust so that the value of the company is essentially unchanged (similar to a stock split), but the number of outstanding shares has increased, so the relative weight of your shares declines if you opt out of the program.  What is the benefit to the company of issuing Scrip Dividends? Companies may do this to conserve their cash reserves. Also, by issuing a scrip dividend, corporations could avoid the Advanced Corporation Tax (ACT) that they would normally pre-pay on their distributions. Since the abolition of the ACT in 1999, preserving cash reserves is the primary reason for a company to issue scrip dividends, as far as I know. Whether or not scrip dividends are actually a beneficial strategy for a company is debatable (this looks like a neat study, even though I've only skimmed it).  The issue may be beneficial to you, however, because you might receive a tax benefit. You can sell the scrip dividend in the market; the capital gain from this sale may fall below the annual tax-free allowance for capital gains, in which case you don't pay any capital gains tax on that amount. For a cash dividend, however, there isn't a minimum taxable amount, so you would owe dividend tax on the entire dividend (and may therefore pay more taxes on a cash dividend)."}
{"_id": "217015", "title": "", "text": "Yes go TFSA first. Unless you make a lot of salary and want to lower your taxes.  In this case RRSP might be the way to go. But seeing as you're 30 and probably will make greater salary in the future, go TFSA."}
{"_id": "217019", "title": "", "text": "You must be realistic when you choose how you are going to go about losing weight. Your lifestyle may not suit every type of program or diet, and choosing weight loss pills one that you cannot adjust to or cope with is setting yourself up for failure. Look at your current eating habits, level of physical activity, work schedule, family and social life."}
{"_id": "217025", "title": "", "text": "Amazon dominates online retail, it doesn\u2019t dominate or even close to dominating Streaming video service which is dominated by Netflix , streaming music they aren\u2019t even close, they are just spreading but not dominating, they are spreading to markets that benefits their online retail market like logistics since delivery cost Amazon a lot of money"}
{"_id": "217030", "title": "", "text": "\"Speaking from personal experience: I have had a credit card canceled for exactly this reason. It's happened to me three times, with two different providers (NatWest and Nationwide). After the third instance I stopped bothering to even carry a credit card. It's worth noting that all three were \"\"free\"\" cards in the sense that I paid no flat fee or subscription to get the cards. The only way the issuer could make a profit on them was through interest. I was also not a frequent user, carrying the card for convenience more than anything else, although I did make purchases on all three. So it's certainly a possibility. But I live in the UK and I'm guessing most of your other respondents do not. It may be a practice that's more common here than in the US. That might even explain the origin of the rumour.\""}
{"_id": "217035", "title": "", "text": "Research the company. Obtain and read their current and past financial statements. Find and read news stories about them. Look for patterns and draw conclusions. Or diversify to the point where one company failing doesn't hurt you significantly. Or both."}
{"_id": "217042", "title": "", "text": "\"Look at the link to the SIPC. I don't know exactly what you mean by \"\"runs out of funds,\"\" but the SIPC will replace shares of stock stolen from your account, and up to $100,000 in cash.  The real risk is when a shady brokers sells you shares in a stock that becomes worthless, that's when \"\"buyer beware\"\" kicks in. No help there.\""}
{"_id": "217046", "title": "", "text": "\"Simplest is probably international bank transfer.  If you don't like those, I had a friend who would buy travelers cheques, endorse them and write in large \"\"Only pay to the order of ****\"\" then send them by mail.  Very difficult for anyone other than the recipient to cash, very low fees, and there next day if you send it overnight mail.\""}
{"_id": "217053", "title": "", "text": "You're building an online job site? I've been gathering Reddit responses as to what users would like to see done different if you can put this to use.   They say the best way to create a profitable company is create what your users want as all to often people create what they think others want and fail.  Sorry no help yet on the regulatory part."}
{"_id": "217057", "title": "", "text": "07759099020 Love and romance are the utmost aspects that every man is in need of. No matter you is a corporate citizen or a top-notch professional   who has opted to lead a single life to put the optimal performance at the professional life."}
{"_id": "217067", "title": "", "text": "With no agreement in place, the other person can go after half the equity in the house. In my opinion, wanting their down payment back seems reasonable."}
{"_id": "217068", "title": "", "text": "\"Then Puerto Rico should make a decision to pay back its investors based on that knowledge, and they will pay the future price for that decision.  Forcing them to pay so that you can \"\"help them see\"\" that it will give them future lending isn't the correct way to go about that particular goal.\""}
{"_id": "217069", "title": "", "text": "\"I would look at the wording of the question.  \"\"Expect\"\" does not necessarily mean that they plan to work until they die, or that they want to work until they die. \"\"Expect\"\" here likely means that they think they will have to work until they die - in particular, think that they will not be able to save up enough to retire.  Thinking that you will have to work until you die doesn't mean you shouldn't save money - that's just giving up if you don't, right?  Instead you save up money and hopefully you're one of the luckier ones.\""}
{"_id": "217076", "title": "", "text": "\"I'm a big believer in to-do lists, particularly dividing them up into weekly, monthy and of course, yearly goals/objectives. Not only does it press you into thinking \"\"what do I want to achieve with my time\"\", you start pursuing goals in more structured, coherent manner.   I reccomend everyone, especially those with a predisposition to being easily distracted to start up a list, you'll be a lot more compelled to see things through to completion as opposed to making to empty, hollow promises to yourself/loved ones.\""}
{"_id": "217108", "title": "", "text": "Aah... well, then in that case you should actually integrate a monte carlo return scenario with your equity values.  Ultimately it's not going to matter what your RFR is because it's going to be equal in both cases, so you're really just talking about return differences.  Again, it would be impractical for these two options.  Maybe just look at cash outlay - an amortization table of sorts, and that's how you'd calculate the breakeven point.  You could inflate the unspent cash difference by a small margin (perhaps 0.5% to account for something like a CD or an ARS) but the big difference is going to be the interest rate with respect to a mortgage vs. a perpetual cash payment of rent that never attains any real value."}
{"_id": "217116", "title": "", "text": "A guy I went to high school with is 30 and the cfo of an energy company and is worth hundreds of millions. Its really hard to hate him because he was the nicest guy every. I mean, he's doing a million times better than me, so I hate him of course, but its hard."}
{"_id": "217124", "title": "", "text": "\"Check how long you have to hold the stock after buying it. If you can sell reasonably soon and your company is reasonably stable, you're unlikely to lose and/or be taxed and/or pay enough in fees to lose more than the 30% \"\"free money\"\" they're giving you.  Whether you hold it longer than the minimum time depends partly on whether you think you can better invest the money elsewhere, and partly on how you feel about having both your salary and (part of) your investments tied to the company's success? The company would like you to \"\"double down\"\" that way, in the theory that it may make you mors motivated... but some investment councelors would advise keeping that a relatively small part of your total investments, basically for the same reasons you are always advised to diversify.\""}
{"_id": "217168", "title": "", "text": "Time is money. If those hours spent researching to save $3 made you a better profit than you would have otherwise had buying the more expensive product and using the rest of the time to make more than $3, then you came out on top. If you consider this general premise in every spending decision you make, you should always feel that you made the right choice."}
{"_id": "217172", "title": "", "text": "I'm not American and I don't understand fully how your political system works (although I have an interest) but how does the president 'bully' congress? I mean you hear it a lot in the news and such, but with separation of powers isn't there really very little he can do?"}
{"_id": "217198", "title": "", "text": "&gt; Minimum wage laws are the most racist and discriminatory laws in the history of this country. They discourage employers from hiring young minority workers for being unqualified  Huh. I was *so sure* there was some newsy thing recently, saying some state or other had majorly hiked their minimum wage and saw *no* change in employment.  I also could have *sworn* that Mississippi just recently had a bit of a mess with requiring photo ID to vote, and at the same time closing all the DMV stations in the blacker parts of the state."}
{"_id": "217205", "title": "", "text": "\"But it's true. 12 billion is one third of one percent of the national debt. Saying it's an accounting error is too harsh, but it's such a miniscule amount of money tied to no formal Trump initiative that explains it. When you have a tiny effect and no theory for the cause of it, it's probably a random occurrence. That's how it's handled in science. You note it and still investigate it, but you generally can't tell the cause and effect without further study.  Now, if there _was_ a formal initiative with strong theoretically underpinning, that could explain what the US is seeing.  It's the same concept as playing pool: any schmuck can put a ball in a pocket by luck. But skilled people can say, \"\"I'll put this ball in that pocket, and here's how it's going to happen.\"\" It's the difference between, \"\"Uh ... Yeah. I totally meant to do that?\"\" and, \"\"Nailed it.\"\"\""}
{"_id": "217216", "title": "", "text": "You could use: SWIFT transfer : ask your counterparty for his bank SWIFT code and beneficiary account numbers; you can do a SWIFT transfer to most countries from your Indian bank). You will need to fill a form where they ask you what you're transferring the money for, etc. Most Indian banks provide this facility. Western Union: I'm not sure if WU is in China, but they are very simple to use. Paypal: They charge heavy fees, but may be the fastest way to get your money across."}
{"_id": "217218", "title": "", "text": "Firstly, I highly doubt anyone on this site will be able to provide you with accurate input on this matter regarding what TO DO.  It's the what not to do that may be possible. That said, if you want to offer equipment for rent, which in a developing country is probably a decent idea, I'd start by asking around and doing some research on what people really need and are wanting to rent.  I would suggest studying other developing/developed countries histories to see what companies were successful around a similar stage as well. I'd start small: pressure washers, generators, concrete mixers, fork lifts, hydraulic ladders, etc.  Getting things that are just a bit too expensive for someone to own and something they don't need all the time.  These can be great revenue generators because they're cheap to purchase, but can be rented at a premium."}
{"_id": "217221", "title": "", "text": "That's a very biased and narrow article. Only thing preventing me from buying one is their really mediocre interiors. It doesn't feel like the interior matches the price range. My Mercedes has a better interior in the same price bracket.   Also when you do the math, in my state you don't come out ahead for the premium you pay. Even after the incentives kick in. Also the lease buy back value is a lot lower than the ones on my Mercedes. When you put all these things together, it's still better to get a MB/BMW/Audi/Lexus/Infiniti"}
{"_id": "217222", "title": "", "text": "The equation is the same one used for mortgage amortization.  You first want to calculate the PV (present value) for a stream of $50K payments over 20 years at a10% rate.  Then that value is the FV (future value) that you want to save for, and you are looking to solve the payment stream needed to create that future value. Good luck achieving the 10% return, and in knowing your mortality down to the exact year. Unless this is a homework assignment, which need not reflect real life.  Edit - as indicated above, the first step is to get that value in 20 years:  The image is the user-friendly entry screen for the PV calculation. It walks you though the need to enter rate as per period, therefore I enter .1/12 as the rate. The payment you desire is $50K/yr, and since it's a payment, it's a negative number. The equation in excel that results is: =PV(0.1/12,240,-50000/12,0) and the sum calculated is $431,769 Next you wish to know the payments to make to arrive at this number:  In this case, you start at zero PV with a known FV calculated above, and known rate. This solves for the payment needed to get this number, $568.59 The excel equation is: =PMT(0.1/12,240,0,431769) Most people have access to excel or a public domain spreadsheet application (e.g. Openoffice). If you are often needing to perform such calculations, a business finance calculator is recommended. TI used to make a model BA-35 finance calculator, no longer in production, still on eBay, used.  One more update- these equations whether in excel or a calculator are geared toward per period interest, i.e. when you state 10%, they assume a monthly 10/12%. With that said, you required a 20 year deposit period and 20 year withdrawal period. We know you wish to take out $4166.67 per month. The equation to calculate deposit required becomes - 4166.67/(1.00833333)^240= 568.59  HA! Exact same answer, far less work. To be clear, this works only because you required 240 deposits to produce 240 withdrawals in the future."}
{"_id": "217237", "title": "", "text": "Hello Wall Street!  I would like to remind you all once again that the march of computer automation will continue to take your jobs.  Put in those 100 hour weeks.  Kiss ass.  Discard your ethics.  Do whatever you want because in the end, you WILL be beaten by a $3000 machine.  You cannot win this battle.  Nobody in HISTORY has won this battle.    We'll see you soon!"}
{"_id": "217241", "title": "", "text": "That's a disgrace.   Companies can get rid of an employee with no notice, and then those employees can't find a job using the skill set they earned.   Companies are trying to win your skills. That's last step before slavery"}
{"_id": "217242", "title": "", "text": "You could look into an index fund or ETF that invests primarily in Real Estate Investment Trusts (REIT's). An REIT is  any corporation, trust or association that acts as an investment agent specializing in real estate and real estate mortgages Many investment firms offer an index fund or ETF like this. For example, Vanguard and Fidelity have funds that invest primarily in real estate markets. You could also invest in a home construction ETF, like iShares' ITB, which invests in companies related to home construction. This ETF includes more companies than just REITs, so for example, Home Depot is included."}
{"_id": "217254", "title": "", "text": "\"I was actually kinda surprised--especially given WSJ's demographic--that this was considered newsworthy to them. I mean, *of course* Orbitz would do this, or something analogous to this. Is there an expectation that companies should offer \"\"deaf and dumb\"\" services irrespective of their demographic? Browsers being one of the few data metrics that are easily mined by web properties, I would think this sort of thing is _everywhere_.  Now that that's out of the way... OK, so what's your favorite travel site for cheap booking (on Chrome)? :P\""}
{"_id": "217258", "title": "", "text": "If you want to have an exciting ski holiday, then you should seek the help of France Skiing. They have ski chalets in France that are situated close to ski resorts so you can spend more time doing various activities. Their chalets also have well-stocked bars and entertainment lounges so you can bond with your newfound friends. Log on to france-skiing.net for more details."}
{"_id": "217262", "title": "", "text": "New clothes isn't exactly an emergency expense :) so I would strongly suggest that you budget for it on a monthly basis. This doesn't mean you have to go spend the money every month, just put a reasonable amount of money into the clothes budget/savings every month and when you need a new shirt or two, take the money out of the saved money and go shopping. If you buy a piece or two of good quality clothing at a time you'd also not run into the situation where all your clothes fall apart at the same time."}
{"_id": "217266", "title": "", "text": "In general, if this is in the United States, call your local bar association.  Tell them you need a lawyer to help you collect a judgment.  They will make a referral.  The lawyer should know who can buy the judgment in return for cash.   You don't need to give details to the bar association, but you should plan on giving more details to the lawyer about why you need the money.   Since this is your ex-husband, your divorce lawyer might be able to help.  It's unclear in your question whether you've already explored that option.  The divorce lawyer might modify the divorce agreement to give you an asset instead of a monetary claim."}
{"_id": "217285", "title": "", "text": "Well I mean they'd have to do both. But there are plenty of stores I go into that just because of the way it's built (I assume they've not intentionally built a faraday cage) I get a terrible signal. It's all in the materials used to build. A lot of places use metal for a layer or two of their roofing, along with concrete walls makes a pretty effective dead zone without even being intentional.  I don't think they have to build a complete faraday, just enough to make it annoying and slow to connect outside of their network."}
{"_id": "217286", "title": "", "text": "Their problem is that the overwhelming majority of their stock is owned by pension funds, hedge funds and other funds who have no interest in long term financing. They are only interested in quarterly profits.   Once a company goes public, the only way to get it out of the stock market zoo is for a single investor to acquire over 50% of the stock. The companies that you mentioned are way too big for that to happen."}
{"_id": "217296", "title": "", "text": "\"...the social media part of their business remains unprofitable - what are you on about mate?   Facebook is in the business of selling fine-tuned and targeted ads, based on a vast amount of big data they collect from their user base. If by \"\"the social media part\"\" you are referring to Facebook as a utility for online social interaction, then your argument is invalid due to the fact that Facebook is free of charge.\""}
{"_id": "217306", "title": "", "text": "Given the universal crisis and how difficult it\u2019s to gross money these days, people are reconsidering allowances and wise money management. Louis vuitton online sale are virtually each where, however sadly, only a certain folks are able to purchase them with the costly rate tags that come along with them. But, designer bargains really are the stuffs to scout for when it\u2019s the matter of new designer fashion at a much more reasonable."}
{"_id": "217310", "title": "", "text": "You'll want to roll the 401k over to a specifically designated rollover IRA. Rollover IRAs differ from an ordinary IRA account because they have NO contribution limit per year. Also Rolling over a 401k to a Roth IRA has consequences. There won't be a penalty but you will have to pay taxes on the amount being rolled over. The choice of Roth or Traditional IRA depends on your current tax situation as well as your expected taxes at retirement. Typically if you are in a low tax bracket and expect to be in a higher tax bracket at retirement a Roth IRA is suggested as withdrawals are tax free. With a rollover conversion you will have to evaluate whether paying taxes now outweighs the potential benefits of tax free withdrawals when you retire."}
{"_id": "217318", "title": "", "text": "One reason is mergers and acquisitions. The large companies that make up the S&amp;P500 continue to grow by buying smaller companies. This enables them to grow at a faster rate then just organic growth.  Another reason is that many of the large companies making up the S&amp;P500 operate on a global scale or at least not just in the USA. By doing so they access markets with higher GDP growth rates. By entering new markets they are able to grow at a faster rate than the USA GDP growth rate."}
{"_id": "217322", "title": "", "text": "\"A bank is a technology that allows society to consume now at the expense of later.  Think about it this way: to consume later at the expense of now, all you have to do is save your stuff. If you want to eat pizza in a year, you can buy a bunch of pizza now, freeze it, then eat it a year later.  Or you can hide money under your mattress now, and buy pizza a year later from now.  But what if you want to eat pizza now, but you don't have the money to buy it? Well, you're stuck. There's no time travel: you can't go into the future and get resources from your future self to buy the pizza now with!  Well, you could go to your wealthy friend who has a lot of pizza, and say, hey, if you give me pizza/money now, I will pay you back with more later! Except then your ability to get pizza/money depends on the whims of some really wealthy people who may not like you. And what if your wealthy friend really wants to keep all of his pizza? There is nothing you can do to get it now.  A bank is an entity that can provide the resources/purchasing power for you to get your pizza now *without anyone in the economy eating less now as a result*.   It does this via what is known as \"\"Fractional Reserve Banking,\"\" which is pretty simple. I borrow $100 from person A, keep $10 in reserve, then lend the remaining $90 to person B, who deposits it back into his bank. I keep $9 of person B's deposit in reserve, then lend $89 to person C, who deposits it in the bank, and so on and so forth. The total amount of purchasing power I can create is $1000 out of the initial $100 I borrowed from person A. As long as all my depositors don't all try to get their money out at once, society can essentially \"\"cheat time\"\" by pretending there is $1000 in existence when in reality there is only $100. Thus I have increased the purchasing power of the economy now at the expense of later (when the loans have to be repaid), and no one has to stop consuming now for me to do it!  Note that this is not the typical academic answer. Neoclassical economists will say that banks are \"\"mere intermediaries\"\" between savers and borrowers.   They are wrong. Banks provide the ability to consume now at the expense of later *even if no one in society is saving now*. That means when there is lots of lending going on, that we have an economic boom. But when there is little to no lending going on, and people are paying back their debts, we don't have as much (if any) growth.\""}
{"_id": "217324", "title": "", "text": "\"&gt; love how you're walking back toward the positions I've taken previously,  I was about to say the same about you, when you agreed that Susan is not good at anything and got her job due to her connections and not because of, or despite of her educational background and degrees.  &gt; you said you would not consider someone with a music or communications undergrad degree for a security position, full stop. Diversity hire?   Yes. I will not hire Music people for Security jobs unless they have proven experience and I would definitely hire former soldiers and IT graduates with zero experience over a music major for a security job, because \"\"diversity\"\" is not even a factor and should not be a factor in choosing the best for the job.   &gt; their [HR] role is to hire the best talent and protect the company, not to protect employees,  Correction: HR role and actions is to hire the cheapest employees, even employ freelancers, contractors and outsource. They will never pay for good talent but they sure will offer a fat salary for the cousin of the CEO's tennis trainer.   You are 100% correct when you said that HR does not protect of even on the side of the employee.  P/S: the HR department at my firm is using contractors and temps for various tasks. They have a huge turn over of employees and were rank one of the lowest in the company's \"\"employee engagement\"\" survey... like HR department is most companies. What a great image this gives to the rest of the employees in the company.\""}
{"_id": "217338", "title": "", "text": "\"Generally speaking, most banks do like having you as a customer, and will refund \"\"provably\"\" fraudulent charges without regard as to the actual how it happened.  The problem with ATM skimming is that while they are investigating, you don't have the money, vs credit card numbers being stolen, you don't have to pay that charge.  So, even if it is actually fraudulent, you're still out the money until the investigation completes.\""}
{"_id": "217363", "title": "", "text": "\"The system of comparison and calculation of insurance rates seems completely and utterly flawed to me. Why would you group cars from different manufacturers together by arbitrarily defined factors such as weight and size? It is perfectly possible to have a big, heavy car with very low claims, while a small car can have a lot more claims.   The response provided by Tesla seems similarly moronic. They claim that their car is being compared to the wrong types of car, but even if that were the case - *so what*? If the other cars you are being compared to are too cheap/slow/small, then you have obviously been assigned to the wrong group, and should be in another group with the bigger, more expensive cars, which I would gather are even more expensive to insure, and thus your car should be more expensive to insure.   If an insurance company is providing insurance to 1000 Volvo XC 90 drivers and 1000 Tesla Model S drivers and they get 100 claims from the Volvo drivers costing them a total of $ 200,000, while they get 150 claims from the Tesla drivers totaling $ 300,000 during the same time period, obviously the Tesla should be 50 % more expensive to insure. That is literally how car insurance works.   Here in Germany, every model of car is assigned a unique identifier (\"\"Typschl\u00fcsselnummer\"\", roughly translates as \"\"type number\"\" or \"\"type identifier\"\"). Insurance companies track which cars their clients own, and report condensed claims statistics for each model back to a central service provider, which then assigns an insurance group (Typklasse) to each car for each type of insurance (there are distinct, independent groups for liability, partial and comprehensive coverage) depending on the actual, measured per-car expenditures experienced by the insurance companies over the previous year. The insurance companies then feed that data back into their systems for their rate calculations.\""}
{"_id": "217365", "title": "", "text": "You don't state your age, debt amount, loan rate, and amount of retirement savings. These facts impact the strategy you pursue: If your student loan interest is at low rate, it is more effective in the long run for you to prioritize 401k match contributions or Roth IRA contributions. Your student loan interest will be tax deductible. You may be able to file taxes separately as a married couple. This will keep your monthly loan payments lower than if you file jointly, allowing you to do tax-deferred savings (401k/Roth). I share the concerns about commingling your finances before marriage. You'll be married soon enough, and after that the $14k/yr gift tax concern won't even be an issue."}
{"_id": "217369", "title": "", "text": "I\u2019m pretty sure that\u2019s what has happened / is happening everywhere.  However, as a side effect, if I\u2019m getting an 8 dollar burrito it is going to be Chipotle Quality, not Taco Bell.  So the companies who\u2019s model was \u201ceat here, we are fast and cheap.\u201d Got squeezed out of the market by companies who are able to be fast, marginally more expensive, but vastly better quality.  Also, the cheapest fast food restaurants are inferior goods.    Their failure is a sign of a strong economy.  Plus, tastes change.  For the same reason JC Penny and Sears were once booming models but are now shuttering left and right.  In this case though it is often health preferences.  Perhaps they just can\u2019t afford employment because their business model is outdated and is now failing."}
{"_id": "217377", "title": "", "text": "First Reddit comment! This may seem like a noob question, but why can't the government just borrow unlimited amount of money, to pay for welfare program instead of raising taxes? I would assume that would be the better thing to do, and just roll the debt forward. Thanks!"}
{"_id": "217423", "title": "", "text": "Hmmm... I am self employed.. and I spend what ever time is necessary to learn the required skills... this year I spent hundreds of hours learning about website development.  Ultimately it's your choice... if you can outsource some of the learning curve, why not...  You either need to have the skills yourself, or know people who can do the work for you. BTW.. finding the right people is another skill."}
{"_id": "217424", "title": "", "text": "If you need a new roof because your house is full of buckets that fill up every rain :) then that's most likely the item at the top of the list. If you need a new roof because you don't like the color, I'd do something else with it. If you are in the US and the 'education loan' has the same caveats attached as your average student loan, I would eye that one with intent if the roof can soldier on for a few years as is. The simple reason for this is that a student loan would be the one debt that you list that you can never get rid off unless you actually pay it off, no matter what happens (IOW student loans aren't bankruptable). Disregard this if the caveats in the first sentence don't apply..."}
{"_id": "217425", "title": "", "text": "The Employee Benefits Security Administration within the US Department of Labor is tasked with keeping track of pension and 401K programs. The even have a website to search for abandoned plans: it helps participants and others find out whether a particular plan is in the process of being, or has been, terminated and the name of the Qualified Termination Administrator (QTA) responsible for the termination.  The Employee Benefits Security Administration discuss all types of details regarding retirement programs. This document What You Should Know About Your Retirement Plan has a lot of details including this: If your former employer has gone out of business, arrangements should   have been made so a plan official remains responsible for the payment   of benefits and other plan business. If you are entitled to benefits   and are unable to contact the plan administrator, contact EBSA   electronically at askebsa.dol.gov or by calling toll free at   1-866-444-3272. There are also EBSA offices spread thought the United States"}
{"_id": "217427", "title": "", "text": "\"Two typical responses to articles/surveys making such claims:  **1. People use other forms of asset for emergency savings because interest rates are low - clearly false.**  **2. People use other forms of saving than a saving account therefore such surveys as the X% can't handle a $500 emergency are wrong on their face - this is false the vast majority use a savings account.**  I've chosen a topic that absolutely annoys the shit out of me every time it comes up, how people save their money. Every time this topic comes up about X% of americans can't come up with $Y dollars in an emergency or have less than $Z in savings someone inevitably chimes in with the linked response. I have *never* seen anyone attempt to source their hand waving response beyond their own anecdote, which is usually a thinly veiled brag about how financially savvy they are with their wealth. Perhaps people who have no assets, or crippling debt don't go out of their way to brag about it...  I could link multiple reddit posts making a similar response, which I address with my own stock response about once every 1-2 months. Instead I've decided to expand with data from several other sources. This is the prototypical good/bad research problem. If you're asserting something, but qualify your statement with, \"\"I\"\"m sure we'd find...if we looked into...\"\" then you're doing it wrong. A good researcher or journalist doesn't put bullshit like that in their work because it's their job to actually look for sources of data; data which should exist with multiple government and independent groups. So let's get started (all data as recent as I could find, oldest source is for 2010):  * [Most americans don't invest in the stock market](https://www.federalreserve.gov/pubs/bulletin/2014/pdf/scf14.pdf)  About 48.8% of americans owned publicly traded stock directly or indirectly, with a much smaller percent (13.8%) owning stock directly -  pages 18 and 16 respectively. It's important to note the predominance of indirect ownership which suggests this is mostly retirement accounts. It's entirely possible people are irresponsible with their emergency savings, but I think it safe to say we should not expect people to *dip into their retirement accounts* for relatively minor emergency expenses. The reason is obvious, even if it covers the expense they now have to make up the shortfall for their retirement savings. This is further supported by the same source:  &gt;\"\"The value of assets held within IRAs and DC plans are among the most significant compo-nents of many families\u2019 balance sheets and are a significant determinant of their future retirement security.\"\"  Ibid (page 20, PDF page 20 of 41)  There is also a break down of holdings by asset type on page 16, PDF page 16 of 41.  * [This data is skewed by the top 10% who keep more of their wealth in different asset types.](http://www2.ucsc.edu/whorulesamerica/power/wealth.html) For a breakdown between the 1st, 10th, and 90th percentiles see **table 3.**  So far it seems pretty hard to maintain a large percent of americans have their wealth stored outside of savings accounts, mattresses aside.  * [Here's my original reply as to the breakdown of americans assets by type and percent holding.](https://imgur.com/a/DsLxB) Note this assumes people *have* assets. [Source for images/data.](https://www.census.gov/people/wealth/data/dtables.html)  Most people use savings accounts, with runner up falling to checking accounts. This will segue into our next topic which is the problem of unbanked/underbanked households.  * [A large number of individuals have no assets; breaking down by asset types assumes people *have* assets in the first place.](https://www.fdic.gov/householdsurvey/)  To quote the FDIC:  &gt;*\"\"Estimates from the 2015 survey indicate that 7.0 percent of households in the United States were unbanked in 2015. This proportion represents approximately 9.0 million households. An additional 19.9 percent of U.S. households (24.5 million) were underbanked, meaning that the household had a checking or savings account but also obtained financial products and services outside of the banking system.\"\"*  That's right there are millions of households *so finance savvy* they don't even have banks accounts! Obviously it's because of low interest rates. Also, most people have a checking account as well as savings account, the percent with \"\"checking and savings\"\" was 75.8% while those with \"\"checking only\"\" were 22.2% (page 25, PDF page 31 of 88). It's possible in some surveys people keep all their money in checking, but given other data sources, and the original claim this fails to hold up. If the concern was interest rates it makes no sense to keep money in checking which seldom pays interest.  This survey also directly addresses the issue of \"\"emergency savings\"\":  &gt; *\"\"Overall, 56.3 percent of households saved for unexpected  expenses or emergencies in the past 12 months.\"\"* (page 37, PDF page 43 of 88)  Furthermore:  &gt;*\"\"Figure 7.2 shows that among all households that saved for  unexpected expenses or emergencies, savings accounts  were the most used savings method followed by checking  accounts:* **more than four in five (84.9 percent) kept savings  in one of these accounts.** *About one in ten (10.5 percent)  households that saved maintained savings in the home, or  with family or friends.\"\"*   Emphasis added.  * [Why don't people have wealth in different asset classes? Well they don't save money.](http://cdn.financialsamurai.com/wp-content/uploads/2014/06/savings-rates-by-wealth-class.png)  This is further supported by the OECD data:  * [Americans \"\"currency and deposits\"\" are 13% vs 5.8% for \"\"securities and other shares\"\" as % of total financial assets.](https://data.oecd.org/hha/household-financial-assets.htm)  Additionally:  * [Interest earning checking accounts: 44.6% of american households (second image)](https://imgur.com/a/DsLxB)  * [\"\"Among all households that saved for unexpected expenses or emergencies, savings accounts were the most used  savings method followed by checking accounts...\"\" (page 7, PDF page 13 of 88)](https://www.fdic.gov/householdsurvey/2015/2015report.pdf)  * ~70% saved for an emergency with a savings account vs ~24% who used checking. *Ibid.*  In fairness the FDIC link does state *banked* americans were more likely to hold checking accounts than savings accounts (98% vs ~77% respectively) but that doesn't mean they're earning interest in their checking account. It's also worth noting median transaction account value was for 2013 (this is the federal reserve data) $4100.\""}
{"_id": "217431", "title": "", "text": "&gt; 2) ... Similarly, using his example of 3 cents adding 2 seconds to the transaction ends up at a rate of $54/hr.  And all of those two seconds can be eliminated by putting four pennies in your hand while standing in line then just pull out the number you need when the total is displayed.   Of course, eliminating pennies wouldn't help this anyway as people would still need time to figure out the number of nickels. dimes, and quarters to have ready in a penniless transaction.  &gt; 3.) No machines take pennies. Fair enough.  Although it's not really true. As of three years ago (when I moved away) the Albuquerque busses took pennies, and I'm pretty sure the stamp machines at the post office take pennies, though I'm not sure about that.  And, of course, the self checkouts at stores everywhere take pennies happily."}
{"_id": "217437", "title": "", "text": "\"no way -- he suggests that if you don't have an edge, no one needs to play the game. He doesn't like the idea of a \"\"lesser bad\"\" way to invest (MPT).   If you do decide to get involved in investing, then it's about absolute performance, not relative. He believes that the whole relative performance thing -- beating some arbitrary benchmark -- is just an artificial construct.\""}
{"_id": "217438", "title": "", "text": "\"I can describe the method for determining a price floor, which may help. It starts with looking at the cost of mining. There's a ridiculously small amount of gold in the best ore, so it's measured in tonnes of ore to produce a given ounce of gold. Mines will only operate at a loss for so long, so for any mine which focuses on gold, when the price of gold is below that price for long enough, the mine will cease operation. Since not all mines have the same cost, the supply will not appear as a step function, it will reduce slowly as mines close.  \"\"Gold Drops Below Cash Cost, Approaches Marginal Production Costs\"\" offers a marginal cost of production just over $1100. This is not a floor price, as the market can act irrationally at times. It's just a number to consider.  On the demand side, the industrial use (I am thinking gold plating in electronics manufacturing) will serve to provide demand almost regardless of price. When a $100 microprocessor uses say 10 cents worth of gold (at $300/oz) $1500 gold increases the final chip price by 1/2%. The industry is still trying to move away from Gold where they can, but that's a long process.  As far as a ceiling goes, I highly recommend the book Extraordinary Popular Delusions & the Madness of Crowds which offers insight on a number of mania that have occurred not just in the past few decades, but over the centuries. At $1500/oz, the value of all the gold in the world is about US$7.5trillion (That's 12 zeros). Given that a portion of it is in jewelry and not available as an investment, it's safe to say that the entire world can only easily bid on about 1/3 of this (as the gold council cites 31% of gold going towards investments each year vs 57% jewelry and 11% industrial) or US$2.5T or so. With total world wealth at US$125T it would take a bit more hysteria to push gold from its current 2% of that value (funny how that number lined up perfectly) to much higher.  Note: I provided a number of links, as it's too easy to just throw numbers around. See the links and provide more current data if you're so inclined. Data isn't real time.\""}
{"_id": "217442", "title": "", "text": "\"I'm not sure you are paying attention to your own comments. If you go back up to the first comment to which I reply, that comment is you singling out Scandinavia as an example of what is right.  That aside, when you say \"\"a lot\"\" of workers, you are discounting the scale of migrant work in Scandinavia vs just California, let alone the whole USA. The population of Sweden is 9 million people. There are over 11 million people living in the US as illegal immigrants, let alone the other 37 million legal immigrants living here. The US admits roughly 1 million immigrants per year, and there are roughly 1.5 million immigrants total living in Sweden.  And before you use anywhere in the EU as an example for immigration, you should take note of the escalating nationalism across every election everywhere in the EU. Your utopia isn't adjusting well to having a few Syrians around.  And after all of that, almost none of it is relevant to what I was actually talking about, which was this fact - through geographic happenstance and political coincidence, the US has millions of people who literally risk their lives to come work in conditions you deride as deplorable and unacceptable. They risk life and limb and family to sneak here to get this work by the millions. We as Americans do not have the will to totally shut them out, and as a result there is a black market for cheap labor. When you see these words, I bet you think I am justifying something just as much as I think you think you are defending something when you say this is bad. Here this: I am not making a moral judgement, I am stating a fact. And as long as there is a supply of millions of people willing to work for less than minimum wage, there will be a black market for labor paying less than minimum wage.  I've actually erased several closing paragraphs because I am unclear as to the point you even contend to make right now, based on your statement that you never singled out Scandinavia and then proceeded to talk about Scandinavia.  I hope you can understand that history, geography, and politics all influence the situations counties experience uniquely, and that wages are a market driven phenomenon. These are not moral statements.\""}
{"_id": "217472", "title": "", "text": "As you own a company, you need to know what your role is. You can never just move money into or out of the company, you have to identify the role in which you are doing it, and do it properly.  There is Company, and there is You, in three different roles. You are the sole shareholder and director of Company. You are the sole employee of Company. You are also just a private person. You need to keep these three roles separate. As the sole shareholder, you own the company. However, you don't own any assets of the company. The company is yours, but the money in its bank account isn't.  As a private person, you give a loan to your company. You write on a sheet of paper that You personally, give a loan to the company, how much a loan is, what interest is paid, and when the loan will be paid back (that could be 'whenever You demands the money paid back'). Then you move the money from your private bank account to the company bank account, and the company has the money it needs to fund its operation. Assume it wasn't you who loaned the money, but I gave the loan to the company. You can imagine that I would have this loan written down and signed before I hand over the cash. And you must have exactly the same papers that I would have.  How do you get money from the company? The company can pay back your loan. That should be written down again, in the same way as the loan itself was written down. Other than that, there are three ways how you can get money out of the company: The company can pay You, in your role as its employee, a salary, which it can deduct from its profits. The company can pay money into a pension of the company director (that's You in your role as company director) up to \u00a340,000 or so a year; that money is deducted from its profits again. The company pays 20% tax on its remaining profits. Then the company can pay You, in your role as company director, a dividend, usually twice a year. Each of these payments has to be written down and given to HMRC properly.  Best by far to use an accountant to do all the paper work for you and advice you what to do. You can lose a lot of money by just not getting the paperwork right, by filing late etc., which the accountant will get right. The accountant will also tell you what are the optimal amounts for salary and dividend (best is a small salary, about \u00a310,000 a year, dividend of about \u00a330,000 a year, pension as much as the company can afford, which is then all tax free to you). You can't pay more dividend then the company can afford (paying a dividend and then not being able to pay your suppliers is criminal), and if you want higher dividends, then you will have to pay taxes on them."}
{"_id": "217473", "title": "", "text": "\"Anyone who has any business looking at growth numbers will know thay are meaningless in the first year,  So all they need to know is that it's the first year.    It's no different than the Billboard music charts' treatment of the \"\"last week's chart ranking\"\" and \"\"movement up/down\"\" columns.  It will help with visual layout if the figure used is about the same size as a percentage number.   \"\"New\"\" fits nicely.\""}
{"_id": "217476", "title": "", "text": "&gt;Last major event I was aware of was the HP Touchpad fire sale, all but took down their site for an hour-ish.  Which appeared to happen in 2011.  But its not like they are known to be shut down for loads of traffic unlike Ticketmaster."}
{"_id": "217478", "title": "", "text": "\"The loan is the loan, the down payment is not part of the loan.  The principle amount owed on the loan at the beginning of the loan is the amount of the loan. If your loan amount is $390,000 then that's below the \"\"jumbo\"\" classification.  Your down payment is irrelevant. Lenders may want or require 20% (or any other amount) down so the loan will meet certain \"\"loan to value\"\" ratio requirements. In the case of real estate the lenders in general want a 20% down side cushion before you're \"\"upside down\"\" (owe more than the home is worth). This is not unique to homes and is common in many secured lending instruments; like cars for example.\""}
{"_id": "217488", "title": "", "text": "\"Assuming by your username that you are Dutch and this concerns invoices under Dutch law, there are a couple of ways to go about it. First of all, we don't have \"\"small claims court\"\" the way the US does. That would make life a lot easier, but we don't.   You can go all legal on him and go through court procedures. The first step would probably be the [\"\"kantongerecht\"\"](http://nl.wikipedia.org/wiki/Kantongerecht) though there are some limitations to what you can do there. You don't need to have a lawyer at the kantongerecht, but chances of fucking up are high if you don't have experience or some experienced help. It's also likely to eat up more of your time than it's worth. And even if you get a favorable judgement there's still the matter of collecting.   The second option, which nearly all companies in the Netherlands use, is to turn it over to an \"\"incassoburo\"\" (collections agency). For either a fee or a percentage they'll go after the miscreant, usually tacking that fee onto the money owed so it shouldn't cost you too much. The downside is that, again, they're not always successful if the non-paying person is either extraordinarily obstinate, already in a lot of debt, or if you're looking at him/her/it going bankrupt or being in \"\"schuldhulpverlening\"\" (debt counseling, which in some cases comes with legal protections).   The third way, if it's a viable debt but you're willing to take a loss in exchange for money now, is to sell off the debt to a factoring agency. They'll assess it and pay out the open invoice to you, minus costs and/or a percentage depending on how they view their odds of collecting on it. It's then their debt, and they'll go after the original debtor without you ever needing to bother with it again.   It's a tough position to be in. I've had to write off some invoices over time, some only a couple'hundred, some in the 5-figure range when a major customer of mine went tits-up. And I just happened to have an interesting conversation yesterday with someone who's more into the commercial side of my line of work. I learned that some relatively big name potential clients are looking more and more like a debt-ridden empty shell,  so they went on the list of companies to keep a sharp eye on in case I do business with them.   In future cases, keep on top of payment t&amp;c, start reminding (\"\"aanmaning\"\") as soon as they miss their pay-by date as the first documented step towards taking action against them, and if it's a common problem try looking at factoring companies or insurance against non payment. It will cost you some margin, but increase your security.\""}
{"_id": "217499", "title": "", "text": "\"I don't know if it's common or necessary to include capital stock as a liability? Yes, if you look at the title of the nonasset part of the balance sheet it actually is titled \"\"Liabilities and Shareholders' Equity\"\".  Your capital stock is a component of Equity.  This sounds like it was reported in a reasonable manner. \"\"$2,582 listed under Loans from Shareholders (Line 19).\"\" Did you have a basis issue with your distributions?  That is did you take shareholder distributions more than your adjusted basis that you have been taxed on?  I have seen the practice of considering distributions in excess of basis as short term loans to prevent the additional taxation of the excess distribution. Be careful when you adjust this entry, your balance sheet had to roll from one year to the next.  You must have a reasonable transaction to substantiate the removal of the shareholder loan.\""}
{"_id": "217521", "title": "", "text": "Also, my wealth manager doesn't like to discuss my money with me. To some extent, I understand this because finances are not my forte This is akin to porn surfing all day at your job instead of writing code, fire him ASAP. For now I would stick it in a bank account until you are comfortable and understand the investments you are purchasing.   Here are some options to consider: The last one is tricky.  You might have to interview several in order to find that one gem.  With you being so young it is unlikely any of your friends have a need for such a service.  I would concentrate on asking older work colleagues or friends of your parents for recommendations.  Ask if they are educated by their adviser.   In the end it would really pay for you to educate yourself about finances.  No one can quite do as good as a job as you can in this area.  You recognize that there was a problem with your current guy, that shows wisdom.  If you have an interest in this area, I would recommend attending a Financial Peace University class.  All my kids (about your age and older) are required to take it.  It will help you navigate debt, mortgages, insurance, and investing and will cost you about $100.  If you don't learn enough the first time, and you won't, you can repeat the course as many times as you wish for no additional cost."}
{"_id": "217536", "title": "", "text": "Because those conditions are arbitrarily set over a reality that does not conform to the fantasy with which they were contrived, by government officials that have no accountability to the post office's customers.  They chose false morality and good feels over reality, and they aren't paying the price. We are."}
{"_id": "217553", "title": "", "text": "You might try to refinance some of those loans. It sounds like you are serious about minimizing interest expense, if you think you will be able to pay those loans in full within  five years you might also try a loan that is fixed for five years before becoming variable.  If you do not think you can repay the loans in full before that time, you should probably stick with the fixed rates that you have. It may even be profitable to refinance those loans through another lender at the exact same fixed rate because it gets around their repayment tricks that effectively increase your interest on those two smaller loans."}
{"_id": "217557", "title": "", "text": "You generally cant roll funds from a 401k with a company you're still employed with.  Some companies allow it depending on the custodial agreement but it's rare.  Generally you need to wait until retirement or separation to roll funds out of a 401k."}
{"_id": "217581", "title": "", "text": "The penalty for excess contributions is 6 percent. The 6 percent is assessed on the amount of the overage. This penalty is an excise tax. If you remove the excess amount prior to the end of the tax year, you will not be assessed a penalty on the excess contribution amount. Above is from http://beginnersinvest.about.com/od/401k/a/401k-Penalties-To-Avoid.htm"}
{"_id": "217593", "title": "", "text": "\"Economics is like religion.  Every \"\"school\"\" of economics claims it is the correct school and the *only* correct school.  So \"\"Austrian economists\"\" who worship Hayek say \"\"Keynesians\"\" won't get into heaven.  But both have the audacity to call economics a \"\"science.\"\"  Everything you read, hear, and see about economics comes from [one of these biased schools.](http://en.wikipedia.org/wiki/Schools_of_economic_thought)    Watching this video is like asking a Catholic priest to debate Jesus vs. Muhammed.  He may be able to compare and contrast certain points, but in the end, you know who for whom the priest is rooting.  **TL;DR** The video is made by fans of Hayek.\""}
{"_id": "217596", "title": "", "text": "This is going to be a philosophical answer, but here it goes.  What is the purpose of an insurance? In my perspective, insurance is a way to protect yourself from risks in life you can not afford to take. Following this principle, most of the people do not have enough money to fix a Ferrari, or pay the medical expenses of a third party--so insurance against liabilities makes financial sense, but many can afford buying an equivalent car as they are insuring.  If you have enough money to buy an equivalent car, you are paying for a risk you can take yourself. Then, instead of paying the comprehensive fee which is used to pay the different accidents, the company's administrative fees and the shareholder profits; I would save your money in a separate account and use it as a self-insurance. That is at least what I do.  I even put other insurances and extended warranties, which respective risks I have decided to absorve; that way I diversify my fund."}
{"_id": "217606", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-25/china-early-data-show-resilient-economy-as-market-investors-wary) reduced by 83%. (I'm a bot) ***** &gt; Manufacturing picked up in July, according to the China Satellite Manufacturing Index, which rose to 50.5 this month from 49.5 in June.  &gt; The S&amp;P Global Platts China Steel Sentiment Index jumped to 55.3 in July, the first time this year it has breached 50, which separates increase and decrease.  &gt; A survey of the China Economic Panel - a joint project of the Centre for European Economic Research in Mannheim, Germany, and Fudan University in Shanghai - showed expectations for the next 12 months slumped to minus 4.1 from 9.7 in June.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6plnn3/china_early_data_show_resilient_economy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~175754 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **survey**^#1 **China**^#2 **July**^#3 **wrote**^#4 **small**^#5\""}
{"_id": "217628", "title": "", "text": "You say you're not on speaking terms: so you do it via your lawyer. You're divorced: so IMO your obligations are: a) To your kids  b) Purely financial spousal support (if any) If she's irresponsible financially then maybe she isn't the best able to care for your children. Your lawyer ought to be able to tell you what the alternatives are (it's very state-specific so no general advice from the Internet, but if your lawyer can't do that then IMO you need a different lawyer who has more experience with divorce/custody cases)."}
{"_id": "217629", "title": "", "text": "\"I'm not sure if this is your point of confusion, but when an account is said to be debited (or credited), the words \"\"debited\"\" or \"\"credited\"\" are not referring to a type of account (such as \"\"checking\"\").  They are referring to an operation that is performed on an account.  The same account can be credited at one time and debited at another time.\""}
{"_id": "217636", "title": "", "text": "There's several different trade-offs wrapped up in your question. In general, refinancing a mortgage to a lower interest rate makes sense if you are certain you'll be living in the house for N years.  N depends on your closing costs and points.  Basically you need to calculate the break-even point for when the savings from the reduced interest rate exceeds the cost of the re-fi.  When I refinanced, the broker did the calculations for me for a range of options, maybe yours could as well. The trade off in selecting 30-year vs. 15-year is between monthly payment and total outlay.  A 15-year mortgage will have a higher monthly payment, but the total money that is paid out the bank (rather than to your equity) will be less. Using the Heloc to do the down payment seems sketchy; plus then you have two loan payments you're making each month.  Why not keep it simple and look for a $250k loan with 5% down?  Presumably with the current mortgage you already put in a good down payment, and have built some equity up."}
{"_id": "217661", "title": "", "text": "No that is not a rollover. Many employees have experienced a change of management companies. Sometimes these switches are due to a merger, an acquisition, or just to save money. It is understandable that the old employer would like to see you transfer your funds to either your new employer, or roll them over into a IRA/Roth IRA. So it is not unexpected that they will take this opportunity to nudge you.  The thing that congress was trying to prevent were serial rollovers of IRAs. These people would use the 60 day window to have in essence a loan. Some would do this multiple times a year; always making sure they replaced the money in time.  The IRA One-Rollover-Per-Year Rule Beginning in 2015, you can make only one rollover from an IRA to   another (or the same) IRA in any 12-month period, regardless of the   number of IRAs you own (Announcement  2014-15 and Announcement   2014-32). The limit will apply by aggregating all of an individual\u2019s   IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth   IRAs, effectively treating them as one IRA for purposes of the limit. Direct transfers of IRA money are not limited This change won\u2019t affect your ability to transfer funds from one IRA   trustee directly to another, because this type of transfer isn\u2019t a   rollover (Revenue Ruling 78-406, 1978-2 C.B. 157). The   one-rollover-per-year rule of Internal Revenue Code Section   408(d)(3)(B) applies only to rollovers. Note that the law doesn't mention 401K/403B or the federal TSP. When the 401K changes management companies that is not a rollover."}
{"_id": "217680", "title": "", "text": "Only from those would lose money from this competition. I could see any meat company like foster famers lobbying against it.  Only if it's cheaper will most of the public turn to it I think sadly. I'm 100% for it though."}
{"_id": "217683", "title": "", "text": "When I went on vacation to London a few years ago, I looked around at banks with ATM deals with UK banks. I found that B of A had a deal with a UK bank that you could use their ATMs to take out money from your US account for practically no fees. So the week or so before I left, I opened an account at B of A, put a bunch of money in it, and used the B of A debit card during my trip as much as possible."}
{"_id": "217687", "title": "", "text": "I'm skeptical about click-and-collect personally. I know it's worked well in France but seems like all other big online markets have gone the delivery route because it's just the most convenient. With that said if anyone can do it, it's Amazon."}
{"_id": "217703", "title": "", "text": "My ex job doesn't require 'skill' just because it requires a degree doesn't mean it takes 'skills'. She removed guts from bugs and puts them in tubes. She cuts leaves up and puts them in tubes. She's not doing brain surgery. And I'm not taking anything from her or her work because she works hard. But to argue cleaning kids vomit and shit off the bathroom floor takes less skill and should be paid less because he didn't have to spend 4 years taking math and reading more Shakespeare? Yeah no. Pretty sure a janitors job is more exhausting."}
{"_id": "217706", "title": "", "text": "\"&gt; Employers love to use minimum wage disputes as a smokescreen for cutting labor  Exactly. This isn't about \"\"lazy\"\" McDonald's workers but capital vs labor.   If you're not capital, then you're labor and you should be rooting for your team not shitting on them because capital does not give a shit about you.   http://bigthink.com/ideafeed/automation-most-white-collar-jobs-arent-as-safe-as-you-think     https://qz.com/875491/japanese-white-collar-workers-are-already-being-replaced-by-artificial-intelligence/     https://www.theguardian.com/technology/2017/feb/09/robots-taking-white-collar-jobs\""}
{"_id": "217707", "title": "", "text": "If Walmart violated the law then bring the full force of it down on them.  On the other hand the usual reason the local businesses went bust is because they were less convenient and more expensive.  The people who shopped in that area decided to stop shopping at the local stores and shop at Walmart instead.  Unless you believe everyone is irrational, they would have changed their behaviour for good reasons."}
{"_id": "217715", "title": "", "text": "\"Think about moving the decimal point in a bunch of accounting software and price stickers. Think about getting confused, \"\"is that price in old yen or new yen?\"\" - not just immediately, but every time you hear a historical price figure. Think of the inconveniences. How many billions of yen would that cost the Japanese economy? It could be a lot. How many billions of yen would the Japanese economy save by enacting such a conversion? Because I doubt it's anywhere that much.\""}
{"_id": "217726", "title": "", "text": "Generally, speaking the (Rm-Rf) is around around 7% and the Rf tends to be around 6-7%. 1.66% for Rf is wayyyyy too low.  If you used a beta of 0.5, an Rf of 6%, and an (Rm-Rf) of 7%, that would give you an Re (cost of equity) of 9.5%  The cost of equity should not be less than the cost of debt. If it is, you know you need to revisit your assumptions."}
{"_id": "217727", "title": "", "text": "\"The simplest, most convenient way I know of to \"\"move your savings to Canada\"\" is to purchase an exchange-traded fund like FXC, the CurrencyShares Canadian Dollar Trust, or a similar instrument. (I identify this fund because I know it exists, not because I particularly recommend it.) Your money will be in Canadian currency earning Canadian interest rates. You will pay a small portion of that interest in fees. Since US banks are already guaranteed by the FDIC up to $250,000 per account, I don't really think you avoid any risks associated with the failure of an individual bank, but you might fare better if the US currency is subject to inflation or unfavorable foreign-exchange movements - not that such a thing would be a direct risk of a bank failure, but it could happen as a result of actions taken by the Federal Reserve under the auspices of aiding the economy if the economy worsens in the wake of a financial crisis - or, for that matter, if it worsens as a result of something else, including legislative, regulatory, or executive policies. Read the prospectus to understand additional risks with this investment. One of them is foreign-exchange risk. If the US economy and currency strengthen relative to the Canadian economy and its currency, you may lose substantial amounts of purchasing power. Additionally, one of the possible results of a financial crisis is a \"\"flight to safety\"\"; the global financial markets still seem to think the US dollar is pretty safe, and they may bid it up as they have done in the past, resulting in losses to your position (at least in the short term). I do not personally recommend moving all your savings to Canada, especially if it deprives you of income from more profitable investments over the long term, but moving some of your savings to Canada at least isn't a stupid idea, and it may turn out to be somewhat profitable. Having some Canadian currency is also a good idea if you plan to spend the money that you are saving on Canadian goods in the intermediate future.\""}
{"_id": "217731", "title": "", "text": "Yeah, having a $1B profit is a necessity. If only we could increase company profit to $1.5B by lowering taxes, those $500M would trickle down for sure. Company execs and shareholders are just greedy enough to pocket all the profits for themselves at the current tax level, but with a lower tax level they would share the additional proceeds fairly with those on the bottom. Right now we have:  Profit - taxes = greed --&gt; nothing left for increased wages  While we could have:  Profit - (taxes / 2) &gt; greed --&gt; money left for increasing wages"}
{"_id": "217748", "title": "", "text": "Edit: Let's forget about Wikipedia.  From the horse's mouth: The cafeteria plan rules require that a health FSA provide uniform coverage throughout the    coverage period (which is the period when the employee is covered by the plan).  See Proposed    Treasury Regulations Section 1.125-5(d).  Under the uniform coverage rules, the maximum amount    of reimbursement from a health FSA must be available at all times during the coverage period.  This    means that the employee\u2019s entire health FSA election is available from the first day of the plan year    to reimburse qualified medical expenses incurred during the coverage period.  The cafeteria plan    may not, therefore, base its reimbursements to an employee on what that employee may have    contributed up to any particular date, such as the date the employee is laid-off or terminated.  Thus,    if an employee\u2019s reimbursements from the health FSA exceed his contributions to the health FSA at    the time of lay-off or termination, the employer cannot recoup the difference from the employee. (emphasis added)  http://www.irs.gov/pub/irs-wd/1012060.pdf Uniform Coverage Rule The IRS has required that \u201chealth FSAS must qualify as accident or health plans. This means    that, in general, while the health coverage under the FSA need not be provided through a    commercial insurance contract, health FSAS must exhibit the risk-shifting and risk-distribution    characteristics of insurance.\u201d This concept has led to the \u201cuniform coverage\u201d rule.  The uniform\u00adcoverage rule requires that the maximum amount of an employee\u2019s projected    elective contributions to a health FSA must be available from the first day of the plan year to    reimburse the employee\u2019s qualified medical expenses, regardless of the amount actually    contributed to the plan at the time that reimbursement is sought.  Citing proposed Treasury Regulations Section  the IRS General Counsel has    determined that:  \u201cUnder the uniform coverage rules, the maximum amount of reimbursement from    a health FSA must be available at all times during the coverage period. The    cafeteria plan may not, therefore, base its reimbursements to an employee on what    that employee may have contributed up to any particular date, such as the date the    employee is laid-off or terminated. Thus, if an employee\u2019s reimbursements from    the health FSA exceed his contributions to the health FSA at the time of  or    termination, the employer cannot recoup the difference from the employee.\u201d  This rule is unfair and also constitutes a disincentive to establishing FSAS because of the    exposure to out-of pocket expenditures arising from employees who leave the company.  NSBA believes that the uniform coverage rule should also be revised if the  or lose-   it rule is changed. Revising the use-it or lose-it rule while leaving the uniform coverage rule unchanged will introduce an inappropriate asymmetry to FSAS. An employer should    be allowed to deduct any negative amount arising from insuft\u00eecient employee    contributions from a terminating partieipant\u2019s last paycheck. http://www.ecfc.org/files/legislative-news/NSBA_(David_Burton).pdf (emphasis added)  Now, that's some fresh bitterness for you right there.  (Dated August 17, 2012)"}
{"_id": "217749", "title": "", "text": "\"Yes - this is exactly what it means.  No losses (negative earnings).   With today's accounting methods, you might want to determine whether you view earnings including or excluding extraordinary items.   For example, a company might take a once-off charge to its earnings when revising the value of a major asset.  This would show in the \"\"including\"\" but not in the \"\"excluding\"\" figure.   The book actually has a nice discussion in Chapter 12 \"\"Things to Consider About Per-Share Earnings\"\" which considers several additional variables to consider here too. Note that this earnings metric is different from \"\"Stock Selection for the Defensive Investor\"\" which requires 10 years. PS - My edition (4th edition hardback) doesn't have 386 pages so your reference isn't correct for that edition.  I found it on page 209 in Chapter 15 \"\"Stock Selection for the Enterprising Investor\"\".\""}
{"_id": "217760", "title": "", "text": "\"You want culture shock, and can afford the week vacation or whatever - go from Detroit/Kzoo to Ashland, OR.  Literally scared the shit out of me.  People were nice, and I didn't have to worry about getting stomped by cops, and just...yeah.  Was baffled the whole time, asking myself:  \"\"There's really places like this in America? No wonder people say everything they do about Detroit.\"\"  Felt almost ashamed to be me wandering around there, having grown up in the shithole area I did.\""}
{"_id": "217764", "title": "", "text": "&gt; Using debt to increase your intrinsic value is a wise investment.  Do you believe this kind of belief perpetuates the problem? If you look at the data, roughly 20% of college graduates will do *really well* for themselves, which is difficult to ignore. But when you look at the remaining 80% of graduates, the income distributions start to look a lot like those who have less education.  You being a financial advisor, I'm sure you are aware that the early years are the utmost important ones for saving. The prevailing idea has been that a degree will earn you more than the other opportunity costs over the remainder of your career, but that is based on the aforementioned top 20% who really serve to skew the data to the casual calculator.  With that, the typical highly education person ends up getting hit with no only massive debt, but loses a ton of early earning potential, and often cannot convert that education into a higher income than anyone else. It comes as no surprise to me that this group has the biggest debt problems."}
{"_id": "217767", "title": "", "text": "Clutch Bags is a world-class handbags provider company in New York city. We are the best manufacturer, wholesaler and exporter of handbags in the world. A Hands free travel bags with wheels can be perfect when you need large luggage capacity, but there is not much space to store it between one trip and the next since many of these bags are reduced to half their normal size when folded."}
{"_id": "217779", "title": "", "text": "The reality would be people dying in the road.  4,000lb vehicles don't just stop.   It takes a level of predictability in order for the roads to function safely.   Things like lanes of travel,  cross walks,  and sidewalks.   This is why there are no sidewalks on a highway."}
{"_id": "217781", "title": "", "text": "The harvested losses are capital losses.  See this IRS page: Generally, realized capital losses are first offset against realized capital gains.  Any excess losses can be deducted against ordinary income up to $3,000 ($1,500 if married filing separately) on line 13 of Form 1040.  Losses in excess of this limit can be carried forward to later years to reduce capital gains or ordinary income until the balance of these losses is used up. This means that your harvested losses can be used to offset ordinary income --- up to $3000 in a single year, and with extra losses carried forward to future years.  It is pretty close to a free lunch, provided that you have some losses somewhere in your portfolio. This free lunch is available to anyone, but for a human, it can be quite a chore to decide when to sell what, keep track of the losses, and avoid the wash sale rules.  The advantage of robo-advisors is that they eat that kind of bookkeeping for breakfast, so they can take advantage of tax loss harvesting opportunities that would be too cumbersome for a human to bother with."}
{"_id": "217785", "title": "", "text": "Singapore does well because?  Zurich does well because?  London is already a much larger and more versatile financial centre than anywhere you have cited (bar New York) or the above.  Not all financial services require passporting and, as I mentioned,'it remains to be seen whether some arrangement can be reached that allows firms UK firms similar passport privileges within the EU that they currently enjoy. Finance is very different from trade and the City is far less vulnerable to this political divorce than British importers and exporters.   Never mind that London is a much greater cultural hub than any would be pretenders. I work in finance, no one I know has the slightest inclination to move to Frankfurt.  It'll take a generation for any city to build up the institutional knowledge, infrastructure and talent pool that exists in Greater London."}
{"_id": "217804", "title": "", "text": "The whole point of a credit report and, by extension, a credit score, is to demonstrate (and judge) your ability to repay borrowed funds.  Everything stems from that goal; available credit, payment history, collections, etc all serve to demonstrate whether or not you personally are a good investment for lenders to pursue. Revolving credit balances are tricky because they are more complicated than fixed loans (for the rest of this answer, I'll just talk about credit cards, though it also applies to lines of credit such as overdraft protection for checking accounts, HELOCs, and other such products). Having a large available balance relative to your income means that at any time you could suddenly drown yourself in debt.  Having no credit cards means you don't have experience managing them (and personal finances are governed largely by behavior, meaning experience is invaluable).  Having credit cards but carrying a high balance means you know how to borrow money, but not pay it back.  Having credit cards but carrying no balance means you don't know how to borrow money (or you don't trust yourself to pay it back). Ideally, lenders will see a pattern of you borrowing a portion of the available credit, and then paying it down.  Generally that means utilizing up to 30% of your available credit.  Even if you maintain the balance in that range without paying it off completely, it at least shows that you have restraint, and are able to stop spending at a limit you personally set, rather than the limit the bank sets for you. So, to answer your question, 0% balance on your credit cards is bad because you might as well not have them.  Use it, pay it off, rinse and repeat, and it will demonstrate your ability to exercise self control as well as your ability to repay your debts."}
{"_id": "217814", "title": "", "text": "I found this interesting from the wikipedia page:  &gt;2008 submarine cable disruption  See also: Communications in Iran It has been suggested that 2008 submarine cable disruption was connected with the launch of Iranian oil bourse and that the internet connection of Iran was being targeted to stop the launch of Iranian oil bourse.[36][37][38][39][40]"}
{"_id": "217824", "title": "", "text": "\"Tricky question.  Many car leasing companies like to quote payments by the week or twice a month to make the car sound cheaper to carry.  If the lease or loan is calculated such that interest accrues monthly \"\"not in advance\"\" then any payments made prior to the date on which the interest is calculated will reduce the balance and therefore the interest. However, many loans and leases are calculated at the beginning for the whole life of the agreement.  In that case, splitting each payment in half doesn't do anything to reduce the interest built in to the payments because the interest is calculated \"\"in advance\"\"\""}
{"_id": "217826", "title": "", "text": "\"[4] Looks like a careless security breach and not intentional and [5] resulted in:  \"\"Microsoft says Windows Vista, Server 2008, 7, or Server 2008 R2, check Microsoft's online Certificate Trust List. The company has removed DigiNotar from this list, so Internet Explorer on those systems should already not trust the certificate. The company will issue a patch to remove it from Windows XP and Windows Server 2003.\"\" - and that's death for the CA.  The whole CA system is problematic particularly with governments getting in bed with just about everything to do with communications. It's probably time to move to some kind of quorum based system where no single company is fully trusted to vouch for any entity to be what they claim to be.\""}
{"_id": "217831", "title": "", "text": "I would be surprised if a bank cared about an undergraduate major. Usually, such things are only important if it is a professional degree, like a law degree or medical degree. The big issue is that if you are not a US citizen, a US bank would be unlikely to make an unsecured loan because you could just return to your country and renege on the loan and they would have no way to collect. Therefore, a bank in your own country might be more logical. If you get accepted by a top Ivy school, they all have financial policies that will allow you to attend regardless of how rich or poor you are, so if you are applying to a top school (Harvard, Princeton, MIT, Stanford, Yale) and get accepted, they will fully finance your attendance. The only exception is if (A) they find out you lied about something, or (B) your parents/family are wealthy and they refuse to pay anything. As long as neither of these two things is true, all of the schools listed GUARANTEE they will provide sufficient financial aid. Princeton even has a no-loan policy, which means not only will they fund your attendance, they will do so without you having to take on any loans."}
{"_id": "217837", "title": "", "text": "why sell?  Because the stock no longer fits your strategy.  Or you've lost faith in the company. In our case, it's because we're taking our principal out and buying something else.  Our strategy is, basically, to sell (or offer to sell) after the we can sell and get our principal out, after taxes.  That includes dividends -- we reduce the sell price a little with every dividend collected."}
{"_id": "217865", "title": "", "text": "Except I would never keep 10k in cash inside a Roth unless I was waiting for a buy opportunity.  Money in a Roth should be invested, not sitting in cash, you're not taking advantage of any of the features of a Roth by leaving it in cash."}
{"_id": "217868", "title": "", "text": "Cash has zero value until it is transformed into something material.\u00a0 Cash hoarders realize no improvement in their lifestyle by gaining more cash than they need.\u00a0 If corporations are already so flush with cash they only inflate the stock market, why would further tax breaks improve anything?\u00a0 An inflated stock market only improves income for very few.\u00a0 People who need money will spend it and put it back into circulation.\u00a0 People will not hoard cash if they know more will show up regardless of their ability to perform.\u00a0 Less financial pressure and less resentment of the rich for their preferential treatment would create a more positive attitude among the population and improve productivity.\u00a0 A happier work force is a more productive work force.\u00a0 People should only work part time anyway so they can have a life outside of work to enjoy their lives while they have the health to do it.\u00a0 Slaving your life away until you can't do the things you always wanted to do does not improve a person's outlook.\u00a0 Life according to me.\u00a0 Was a reduction in unemployment compensation, medicare, medicade and SNAP payments included in the study?\u00a0 There may be a reduction in spending on crime and addiction as well."}
{"_id": "217870", "title": "", "text": "\"Those two hard inquiries will only count as one on your score because you applied for the two cards immediately one after the other. Credit bureaus see this as just credit card shopping, so will hit your score only once as a single hard inquiry. If you had applied for these two cards days apart, then your score would have been hit with two hard inquiries. Find more details here, specifically under the \"\"What to know about rate shopping\"\" section.\""}
{"_id": "217875", "title": "", "text": "The problem is, I don't understand, how such sites work. Is that scam or not? Some of my friends told me that they've actually received the revenue after they deposited a bit of money to similar sites, and I don't have any evidence not to trust them. Yes there are scam. Stay away. Quite likely people got real money back into Bank Account. Or more likely it shows that there is more [notional] money in the sites account.  If such sites really 'work', then how and why? These sites work, because there are quite a few people who believe in free / easy money. The site could be classic pyramid / Ponzi scheme. They could also be involved in some kind of Money Laundering. Why would anyone trust them so much to give them money for absolutely no reason? Okay, I'm not so clever, but they can't make profit only because of stupid people, can they? The same way you did, at times just for fun to experiment. At times because they believe there is easy get rich way. There is a reward that works so that if you see 120 you start believing in it. If you try and withdraw, there will be quite a few obstacles; under the pretext of holding period, withdrawal fees etc... but mostly they will encourage you to keep depositing small amounts and see it grow. This of it this way; if one can make 20% day on day ... one does not need someone else's money. The power of compounding would mean very quickly $ 100 would become 88 BILLION in 120 days!"}
{"_id": "217889", "title": "", "text": "\"This line of thinking is wrong.  You don't control time, you control place.  The secret to winning is to ALWAYS BE OUT THERE.  If you're constantly 24/7 selling your wares, you're going to get \"\"lucky\"\" and make a few great sales.  Being at the right place at the right time means ALWAYS BEING IN NEW AND DIFFERENT PLACES UNTIL YOU HIT THE RIGHT TIME.  This is why food trucks do so well.  You travel until you hit the \"\"right place at the right time\"\".  You can call this luck.  Sure to some degree it is.  But the real secret is just to work harder and longer than everyone else.  That's how you get \"\"lucky\"\".\""}
{"_id": "217890", "title": "", "text": "No, you can get those aminos elsewhere. Meat in collon is bad, and its the main reason why we dont have 10-15 years more to live worldwide. 1 year ago, I'd tell you to shoot me if I ever said that  Edit: if you like fish, look up how much plastic the average fish contains, and your chance of eating microplastic. Just to scare some more"}
{"_id": "217899", "title": "", "text": "I think that kind of separates Amazon as a product though (at least during its growth, obviously many companies are trying to compete now). Even though it's still retail, I don't need to spend time, gas, etc to go to the store, and the upsell is worth it. I think a better analogy here is Lyft vs public transit. I can take the bus, it gets me home, but $4 gets me a lyft line there and the convenience is worth the price difference."}
{"_id": "217904", "title": "", "text": "Adding assets (equity) and liabilities (debt) never gives you anything useful. The value of a company is its assets (including equity) minus its liabilities (including debt). However this is a purely theoretical calculation. In the real world things are much more complicated, and this isn't going to give you a good idea of much a company's shares are worth in the real world"}
{"_id": "217934", "title": "", "text": "\"**Not even wrong**  The phrase \"\"not even wrong\"\" describes any argument that purports to be scientific but fails at some fundamental level, usually in that it contains a terminal logical fallacy or it cannot be falsified by experiment (i.e., tested with the possibility of being rejected), or cannot be used to make predictions about the natural world.  The phrase is generally attributed to theoretical physicist Wolfgang Pauli, who was known for his colorful objections to incorrect or sloppy thinking. Rudolf Peierls documents an instance in which \"\"a friend showed Pauli the paper of a young physicist which he suspected was not of great value but on which he wanted Pauli's views. Pauli remarked sadly, 'It is not even wrong'.\"\" This is also often quoted as \"\"That is not only not right; it is not even wrong,\"\" or \"\"Das ist nicht nur nicht richtig; es ist nicht einmal falsch!\"\" in Pauli's native German.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "217965", "title": "", "text": "I totally support Detroit and this would be awesome for them - my family is from the rust belt and I would love to see anywhere in the region get this!  The question is whether or not it's good for Amazon though, and that's a hard sell IMO."}
{"_id": "217966", "title": "", "text": "Food Waste Recycling using Garbage Disposer - InSinkErator invented the first food waste disposal in 1927 and ever since, we\u2019ve been leading the world in design, manufacture and sale of sink waste disposal units.  InSinkErator\u2019s garbage disposer range is unsurpassed for its breadth, performance and reliability."}
{"_id": "217973", "title": "", "text": "Supplier of Quartz Grit in India Best Price http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php  Shri Vinayak Minerals has made a place amongst the most entrusted names in mineral business, and we are manufacturing offering an inclusive range of Quartz Grit. The whole range of Quartz Grits, provided by us is extensively appreciated all over the nation. We do supply our products in India and to other countries too. Vietnam, South Korea, UAE, Malaysia, Taiwan, Thailand, Saudi Arabia, and Indonesia are our prime international clients."}
{"_id": "217983", "title": "", "text": "Sears is great for tools, but kind of useless for other stuff, and their cashiers are always giving you a sales pitch (Sears Card, etc.) and several miles of receipt paper. FOR THE LOVE OF GOD, I JUST WANT TO BUY A WRENCH! It kind of reminds me of Best Buy, who is actually even worse with this, but just happens to have more products that I'm interested in."}
{"_id": "217991", "title": "", "text": "At the end of each period, add the interest, in this case an easy 1%, and then subtract the payment. With less than 4 months to payoff, the interest here is about $21.  Instead of trying to find credit card calculators, just use the more common mortgage calculator. The math is the same until the final month, when the credit card may handle accrued interest slightly differently.  Edit - A finance calculator indicates 3.407 payments, or total payment of $1022.12, $22.12 is interest.  (from my initial guess of $21 above)"}
{"_id": "217995", "title": "", "text": "A classic text on growth stock picking is Common Stock and Uncommon Profits By Philip Fisher, with a 15 point checklist.  Here is a summary of the list that you can check out."}
{"_id": "218005", "title": "", "text": "Simply, yes.  I graduated in 2010 and started in insurance.  Then went to real estate accounting.  I absolutely hated both insurance and accounting, so I decided to study and sit for Level 1 in 2011.  I passed and received an entry level investment analysis job a few month later.  I could not be happier.  I would not have received the job without passing.  Not only did it give me something to brag about in the interview, but almost every young person in the investment industry is attempting to pass these exams.  The tests are only going to get harder and the pass rates are only going to get lower.  I would try to pass these as soon as possible.  At my firm, resumes that don't show CFA charterholder or candidate get left behind.  I would imagine other firms are doing the same.  Don't expect companies to pay for it, and don't let the price deter you.  It will be worth it in the end."}
{"_id": "218035", "title": "", "text": "Yes, you can make a direct HSA contribution and deduct it on your 1040 to see an immediate tax benefit for the tax year. You can even make a contribution for the previous tax year all the way through tax day of the following year. If you opt to do this be sure to contact your financial institution before making the contribution to make sure they apply it to the appropriate tax year. Just be careful not to exceed the yearly caps. So long as you have had coverage all year, this is easy to do. If you've only had coverage for part of the year and it's not your first year with an HSA plan, you may need to do some math to make sure you aren't breaking the contribution rules."}
{"_id": "218045", "title": "", "text": "\"What EU wanted to force Cyprus to do is to break the insurance contract the government has with the bank depositors. The parliament rightfully refused, and it didn't pass. In the EU, and Cyprus as part of it, all bank deposits are insured up to 100,000EUR by the government. This is similar to the US FDIC insurance. Thus, requiring the \"\"small\"\" (up to 100K) depositors to participate in the bank reorganization means that the government breaks its word to people, and effectively defaults. That is exactly what the Cyprus government wanted to avoid, the default, so I can't understand why the idea even came up. Depositors of more than 100k are not guaranteed against bank failures, and indeed - in Cyprus these depositors will get \"\"haircuts\"\". But before them, first come shareholders and bondholders who would be completely wiped out. Thus, first and foremost, those who failed (the bank owners) will be the first to pay the price. However, governments can default. This happened in many places, for example in Russia in the 90's, in Argentina in 2000's (and in fact numerous times during the last century), the US in the 1930's, and many other examples - you can see a list in Wikipedia. When government defaults on its debts, it will not pay some or all of them, and its currency may also be devaluated. For example, in Russia in 1998 the currency lost 70% of its value against the USD within months, and much of the cash at hands of the public became worthless overnight. In the US in 1933 the President issued an executive order forbidding private citizens keeping gold and silver bullions and coins, which resulted in dollar devaluation by about 30% and investors in precious metals losing large amounts of money. The executive order requiring surrender of the Treasury gold certificates is in fact the government's failure to pay on these obligations. While the US or Russia control their own currency, European countries don't and cannot devaluate the currency as they wish in order to ease their debts. Thus in Euro-zone the devaluation solutions taken by Russia and the US are not possible. Cyprus cannot devaluate its currency, and even if it could - its external debt would not likely to be denominated in it (actually, Russian debt isn't denominated in Rubles, that's why they forced restructuring of their own debt, but devaluating the currency helped raising the money from the citizens similarly to the US seizing the gold in 1930's). Thus, in case of Cyprus or other Euro-zone countries, direct taxes is the only way to raise money from the citizens. So if you're in a country that controls its own currency (such as the US, Russia, Argentina, etc) and especially if the debt is denominated in that currency (mainly the US) - you should be worried more of inflation than taxes. But if you're in the Euro-zone and your country is in troubles (which is almost any country in the zone) - you can expect taxes. How to avoid that? Deal with your elected officials and have them fix your economy, but know that you can't just \"\"erase\"\" the debt through inflation as the Americans can (and will), someone will have to pay.\""}
{"_id": "218047", "title": "", "text": "Budget Pest Control Perth connects you with experienced pest control services in Perth. The servicemen are professional and they know how to deal with any kind of pest problem. We give help on infestation of insects, bugs and other pests. If you have any problem of pests at your home, office or other place, you should immediately look into at and contact us. We will connect you with the best budget pest control services in Perth. For more information, connect with us through our number (08) 6245 1224 or go to our website www.budgetpestcontrolperth.com.au. You can also come and meet us at U2 - 9 Chesterfield Road, Mirrabooka WA 6061."}
{"_id": "218064", "title": "", "text": "\"You don't offer any specifics, so I'm guessing a little about what you're talking about, but here's a few thoughts: Remember that all tax-related transactions are reconciled when you file. All of your activity for the year is totaled up and (for the most part) when during the year things happen is irrelevant.   Your gross taxable income is calculated (which will exclude any \"\"pre-tax\"\" activity, deduction applied (which will any include and \"\"post-tax\"\" deductions), tax liability calculated, and withholdings subtracted to get your net tax due.  Whether you have \"\"pre-tax\"\" activity and less tax withheld or \"\"after-tax\"\" activity with a deduction and reduce your net tax, the net effect should be the same.\""}
{"_id": "218067", "title": "", "text": "Here's a link with comparison of various online and offline PF software: http://personalfinancesoftwarereviews.com/compare-personal-finance-software/"}
{"_id": "218069", "title": "", "text": "Are you thinking about getting a Calgary flower delivery for someone that you love? Maybe it\u2019s their birthday or some other special day? No matter what you think you want to do or what sort of flower arrangement you want to put together, let us help you find whatever you may need for your next delivery. #Calgary #Flower #Delivery #Florists #Shops"}
{"_id": "218088", "title": "", "text": "In your specific case, I would leave them open unless you have a specific reason for wanting to close them - particularly, unless you feel closing them is necessary for you to not misuse them. The impact on the credit score is not why I say this, though.  Much more important are the two competing real factors: My suggestion would be to take the cards and put them in your file cabinet, or whatever would cause you to not use them.  In fact, you could even cut them up but not close the accounts - I had an account open that I didn't possess a physical card for several years for and didn't use at all, and it stayed open (though it's not guaranteed they'll keep it open for you if you never use it).   In an emergency you could then ask them to send you a new copy of the card very easily.  But, keep them, just in case you need them. Once you have paid off your balances on your balance-carrying cards, then you should consider closing some of them.  Keep enough to be able to live for ~4-6 months (a similar amount to the ideal rainy day fund in savings, basically) and then close others, particularly if you can do so in a way that keeps your average account age reasonably stable."}
{"_id": "218101", "title": "", "text": "Vale do Lobo is a beautiful destination that attracts a large number of visitors with its awe-inspiring beauty and scenic locales. When planning to visit this stunning destination, it is important to enquire about Vale do Lobo Villa Rentals and get advance bookings done so as to enjoy comfortable and stress free stay at this destination. One can just walk down to the beach and have a great time enjoying with friends and family.  http://www.simply-algarve.com/where-to-stay/villa-rentals"}
{"_id": "218136", "title": "", "text": "Is that normal? Yes. It's in fact pretty low. Just the FICA taxes you pay are ~7.5%, so you're paying ~21% for State and Federal. Pretty reasonable, especially if you live in a high-tax state (which MA is ~5.3% on all income)."}
{"_id": "218139", "title": "", "text": "I've\u00a0been to one of these seminars:  a) you can get a loan of up to $700,000 from the company and only have to pay a fixed amount for the use of money, but you have to pay the loan off in nine months.  Or b) you can just invest say $50,000 and you'll get a return of say 4%.  But what the company does is take all of the investor's money and use that to fund the loans (putting none of the company\u2019s money at risk), and that fixed amout sounds reasonable until you realize that it's only for a part of the year so the real APY is actually much higher than the conventional lending rate; or the rate they are paying the investors."}
{"_id": "218141", "title": "", "text": "Register for one the biggest IMG junior worlds World jr golf championships is organizing world junior golf Championships in the Arizona for all the players. For participating in this game you have to register yourself by logging into our which is worldjrgolfchampionships.com, there are several types of championships we are organizing for all players. Candidate and IMG junior worlds must have to pay $30 once per year and applies to all WJGC Tournaments, along with these things We also give you stay near the event, which cost will be minimum for participants."}
{"_id": "218144", "title": "", "text": "\"You can get a \"\"drive-by\"\" appraisal or an assessment from a local real estate agent. This obviously will give you a less precise and not as reliable information as a full appraisal, but will be significantly cheaper.\""}
{"_id": "218149", "title": "", "text": "We were members at costco, but decided not to renew.  Meat was a definite cost savings, and laundry detergent as well.  Diapers used to be a huge savings, but loblaws seems to be pricing things better now.  We did by a bunch of Kirkland brand diapers and wipes before the membership ended. The problem we had was that you just get too much stuff - you save a bunch on that laundry detergent that you buy once every two years, or the chicken you have in your freezer forever. In Canada, the basic membership is $55 and we could not be certain we made that back, nor that we weren't over consuming as we walked the aisles.  I have heard that the more expensive membership ($100) which gives you 2% back on purchases is a good way to gauge your usage and determine if it is worth it. It also costs nothing to give it a try - their policy is a full refund at any time, so in theory you could go in on your 364th day and get a refund."}
{"_id": "218153", "title": "", "text": "I am able to set this up for my tenants by providing them with a form to fill out so that they provide their name and bank account information, and then I gave that to my bank and they establish a recurring ACH transfer.  This way the tenant never gets my bank information. One note about this, I had a tenant break her lease and move out.  She notified me a couple of days before the first of the month, and by the time she had moved a few days later the rent had been automatically paid.  She called her bank and asked them to reverse the most recent transaction so she could have that month's rent refunded, and much to my surprise, they did.  So the financial transfer is not necessarily one-way. This is in the US."}
{"_id": "218166", "title": "", "text": "Doesn't most of the time either in this job market. Losing a job over 40 is a pretty big deal.  Even bigger when there's a real danger of being out of work for an extended period. Honesty as a young person you have no idea how rough it is on older people to reboot a career....on top of losing more than half of your wealth and having way fewer years to recover.     There's a lot f kids right out of college that can't get jobs and that's true, but when the economy recovers there'll be a lot of you in the same boat, meaning the hiring pools won't be able to be as sticklers about no experience. Just like when the economy recovers and banks want to start lending to homebuyers in bulk again...so many people ha e bad credit from the collapse that they won't be able to set \u00fcber high standards across the board in lending or the simply won't have a big pool of eligible applicants.     At some point millenials will be hired en masse as the economy recovers. The same is not nearly true for a forty something with a big unemployment gap. Over 50, forget about it almost entirely."}
{"_id": "218168", "title": "", "text": "Funny how you keep dodging the question and yet try to pretend I'm the one whose outlook is dysfunctional. If you're so certain of yourself, why not answer the question?   Do you recognize and respect the right of others to have a difference of opinions, and your inability to force them to act how you choose?"}
{"_id": "218182", "title": "", "text": "You can designate one or more beneficiaries for your HSA account who will get the money when you die.  Some states require consent from your spouse (if you're married) if they are not the beneficiary. The funds maybe taxable to the beneficiary. If you don't designate any beneficiaries, by default the money will go into your estate and be handled the same as other assets.  The funds may be taxable by the estate. If you had any medical expenses before you died, it might be possible to pay them from the HSA. When looking around for information about this I would start with the IRS publications which are the authoritative source of this information.  Other articles you read are usually just summarizations of this information and can sometimes be incomplete or incorrect. http://www.irs.gov/publications/p969/ar02.html#en_US_2014_publink1000204096"}
{"_id": "218220", "title": "", "text": "This story will end up being a case study at business schools.  It isn't often that non-union workers, most of whom don't get paid much, bring a company to its knees over a change at the top like this.  This is a 71 store chain.  This CEO is a multi millionaire.  Customers and employees risked their jobs and paid more for groceries elsewhere just to get this guy back in charge.  That's a relationship between management, employees, and customers that is extremely rare."}
{"_id": "218229", "title": "", "text": "Thanks. I see the term 'cofounder' used for those who were instrumental in the creation of businesses (such as Twitter) despite only being employees at the time. I think with Twitter there is an argument that employees were founders because they pivoted a failing business with employee ideas for products.   But in my case, I have a pretty good idea of what I want to do and if a founding-employee were to drastically change the idea for the better, I would probably allow the title 'co-founder', if they pivoted from a failing idea to a winning idea.   As for employee stock, it's pretty common these days to give away some capital (maybe 10%) to employees in order to spur them on. The idea that they could potentially all become millionaires if the product launches and is successful down the track is a good incentive to work hard. Of course it would have to vest over time."}
{"_id": "218257", "title": "", "text": "&gt;Does he manipulate the Corporate BK laws by playing a Corp shell game and filing for BK protection - Yes.  Is that like how I manipulate the laws of physics when I walk across the street? All parties are well aware of securities and bankruptcy law. It's not like he gets federal bankruptcy laws changed halfway through his business deals. Companies go bankrupt all the time, just because he lends his brand to a business doesn't mean that he should be personally responsible for anything. If Nike went bankrupt, should Lebron James NBA salary be taken from him?"}
{"_id": "218261", "title": "", "text": "Should you care? From Vanguard: The long-term impact of investment costs on portfolio balances   Assuming a starting balance of $100,000 and a yearly return of 6%, which is reinvested Check out this chart, reflecting the impact of relatively small expense ratios on your 30 year return:  All else being equal you should very much care about expense ratios. You end up with a significantly smaller amount if your pre-expense return is the same. A 0.75% difference in ER compounds to 20% over 30 years. If so, how should I take them into consideration when comparing funds? I'm in the U.S. if that matters. If they track the same index, cheaper is better. The cases where higher expense ratios might be better are if you believe that index will outperform the market by enough to recoup the cost of the ER.  There is significant research that most funds do not do this."}
{"_id": "218274", "title": "", "text": "\"I might as well add my 2 cents here.  Further to what robotik said, the intrinsic value is essentially the \"\"value contained within itself.\"\" As an entity, an item, an object - anything for that matter, the intrinsic value is what someone can benefit from it.   In reference to the Water paradox asked by Yorn; my perspective is that water has an \"\"positive\"\" intrinsic value in either case because the intrinsic value of something is independent of who it affects and how it affects anyone. If humans were a species that was allergic to water and caught fire upon touching it - water would be considered to have a very \"\"negative\"\" intrinsic value.  It doesn't matter the second person is drowning in water, the fact that water is an essential part of life - the intrinsic value of it is positive and unchanged. Perhaps the \"\"situational value\"\" would be a more subjective measure?\""}
{"_id": "218285", "title": "", "text": "I'd go to specialist community web sites such as The Motley Fool and read their investing articles, and their forums, and everything. You cannot get enough information and advice to get going, as it is really easy to think investing is easy and returns are guaranteed. A lot of people found that out in 2008 and 2000! For example, they have a 'beginners portfolio' that will teach you the very basics of investing (though not necessarily what to invest in)"}
{"_id": "218293", "title": "", "text": "Terminology aside.  Your gains for this year in a mutual fund do seem low.  These are things that can be quickly, and precisely answered through a conversation with your broker. You can request info on the performance of the fund you are invested in from the broker.  They are required to disclose this information to you.   They can give you the performance of the fund overall, as well as break down for you the specific stocks and bonds that make up the fund, and how they are performing. Talk about what kind of fund it is.  If your projected retirement date is far in the future your fund should probably be on the aggressive side.  Ask what the historic average is for the fund you're in.  Ask about more aggressive funds, or less if you prefer a lower average but more stable performance.  Your broker should be able to adequately, and in most cases accurately, set your expectation. Also ask about fees.  Good brokerages charge reasonable fees, that are typically based on the gains the fund makes, not your total investment.  Make sure you understand what you are paying. Even without knowing the management fees, your growth this year should be of concern.  It is exceptionally low, in a year that showed good gains in many market sectors.  Speak with your broker and decide if you will stick with this fund or have your IRA invest in a different fund. Finally JW8 makes a great point, in that your fund may perform well or poorly over any given short term, but long term your average should fall within the expected range for the type of fund you're invested in (though, not guaranteed). MOST importantly, actually talk to your broker.  Get real answers, since they are as easy to come by as posting on stack."}
{"_id": "218302", "title": "", "text": "A lot of people for some reason give hate to avenues of information gathering that aren't to their proper code of professionalism.   If a degenerate gives me great insight while a idiot dressed to the T gives me incorrect information then I'm going to go with the degenerate.   Good for you, good luck on your search."}
{"_id": "218304", "title": "", "text": "You may withdraw your contributions to a Roth IRA at any time for any reason without penalty.   Any gains you withdraw may be subject to tax or penalties though, but there is a $10,000 exclusion (from the 10% penalty, not the taxes) for a first time home purchase."}
{"_id": "218307", "title": "", "text": "\"Many years ago you used to be able to purchase \"\"currency packs\"\" that were combined bundles of currencies from western Europe based on the number of days you would be spending in each country. The exchange rates on these were very favorable and they had minimal surcharges.   With the rise of the euro I doubt these bundles are still available as I haven't seen them myself in about 10 years.\""}
{"_id": "218312", "title": "", "text": "Marijuana is completely illegal within National Parks under federal law. You can actually go to jail for possession of if it's your second offense. First offense is usually a several hundred dollar citation.   Edit: why am I getting down-voted for warning people?"}
{"_id": "218316", "title": "", "text": "Not arguing about ethics, but why is this a problem?  They didn't make anything worse/more difficult/more dangerous.  In fact, all this does is help anyone who has the discontinued 60.  They didn't pay for a 75, so it's not like they didn't get what they paid for.  Would it make you happier if the 60 came with a smaller battery and you had to buy a different one to upgrade?  Of course, then they have no way of assisting consumers trying to evacuate, but that's a fair price to pay for a less convenient way to upgrade your vehicle, right?"}
{"_id": "218326", "title": "", "text": "The company released its 2nd Quarter Revenue of $1,957,921 a couple days ago however the stock did not move up in any way. Why? If the company is making money shouldn't the stock go up. But that result doesn't indicate that the company is making money.  The word for making money is profit, not revenue.  Profit equals revenue minus costs.  An increasing revenue could mean decreasing profits.  For example, marketing expenses could eat up the entirety of the new revenue.   This is one of the most basic aspects of researching stocks.  If you are having trouble with this, you might find yourself better suited to invest in mutual funds, where they do this research for you.  In particular, the safest kind of mutual funds for an inexperienced investor are index funds that track a major index, like the S&P 500.   Another issue is that stock prices aren't based on historical results but on expected future results.  Many a company has reported smaller than expected profits and had their price fall even though profits increased from previous results.   Looking at it long term would it hurt me in anyway to buy ~100,000 shares which right now would run be about $24 (including to fee) and sit on it? It would cost you $24.  You might get a return some day.  Or you might waste your money.  Given the comparatively large upside, the consensus seems to be that you will probably waste your money.  That said, it's not a lot of money to waste.  So it won't hurt you that much.  The most likely result remains that the company will go bankrupt, leaving your stock worthless."}
{"_id": "218327", "title": "", "text": "This is my personal opinion but im guessing your shitty coworkers would be shitty with or without pot.sounds like you company is just bad as evaluating people. I personally believe employers shouldn't have the right to discriminate against people for what substances they use in thier personal time."}
{"_id": "218348", "title": "", "text": "Online you can find better than average free psychic chat room. Psychic readings exactness can change contingent on your association with a specific otherworldly peruser. It doesn't make a difference whether one is ensured or a world acclaimed psychic, nobody can offer flawlessness with regards to precise free psychic chat room expectations constantly. There are numerous approaches to look for direction yet a talk perusing can furnish you with and encounter that most nearly takes after an in person session since you can see one another up close and personal."}
{"_id": "218350", "title": "", "text": "As a business analyst, you'll work within an organization, to manage change and plan for the future in line with company goals. This could be for one specific project, or as a permanent of the Business Analysis organization. You'll need to understand a current organizational situation, identify future needs and create solutions to help those needs, usually (but not always) in relation to info and software systems."}
{"_id": "218360", "title": "", "text": "I thought this was because credit card companies charge the retailer a fee to accept credit card payments. If you spend $100, the retailer pays $1 (or whatever percentage they have negotiated) to the credit card provider.  Handing over $100 cash and paying $1 fee to Visa means a loss to the retailer. The same transaction on $100 worth of product means the loss is accepted out of the profit margin which the retailer accepts to attract custom."}
{"_id": "218362", "title": "", "text": "For Euribor Nothing seems to exist for MIBOR, except maybe the Spanish stock exchange."}
{"_id": "218385", "title": "", "text": "Get the latest information on Xbox One with Xbox One Tips and Tricks! This dedicated website is made for Xbox One fans to further improve their gameplay. Accessing this website is a breeze as it is very user-friendly. What are you waiting for? See it for yourself by visiting xboxonetipsandtricks.co.uk."}
{"_id": "218387", "title": "", "text": "Thank you ! Yes that is the thing, thats is the way I want to go, I will not care playing nights working on a thing I love, but I just do not know what my real passion is. I will try to be a lot more self aware."}
{"_id": "218406", "title": "", "text": "It's possible, but I doubt it. You have to consider federal income tax, state income tax, state sales tax, local sales tax, property tax, FICA, utility taxes, telecom taxes, and all the little government fees as well to figure the total tax burden.   It's really hard to calculate, but I doubt the total is below the peak for the middle class."}
{"_id": "218423", "title": "", "text": "Home sellers, are you still trying to sell your house? Sell your property fast, even if you've tried almost everything\u2026  Get an all cash offer on your house regardless of location, condition, size, and price. You can close quickly \u2013 often within the next 30-days and get rid of your problem property. If you need to sell fast, look no further.  Does this sound familiar? You've put the sign in the yard, placed ads in the paper, posted your house on craigslist, worked with agents, and maybe you've received some responses, but none of them have made the sale\u2026 we can help. Size, location, condition, it doesn't matter \u2014 we are looking for properties, can pay cash, and close quickly.  http://ibuyyourhousetoday.com/"}
{"_id": "218438", "title": "", "text": "\"Economists actually hate the interest deduction, especially for mortgages. From The Economist:   \"\"Allowing interest payments, but not dividends, to be deducted from corporate profits before tax is paid is a huge distortion to the system. It is a perk worth around 11% of the value of corporate assets. It has tended to encourage companies to take on more debt. By doing so, it may make the economy more risky at the margin: in a recession, highly-indebted companies are likely to go bust more quickly, whereas companies with lots of equity capital can ride out the storm. As a result, this newspaper has favoured the abolition of the deductibility rule.\"\"  http://www.economist.com/news/finance-and-economics/21716050-would-be-risky-time-fiddle-tax-code-what-if-interest-expenses  More from 538  https://fivethirtyeight.com/features/the-tax-deductions-economists-hate/\""}
{"_id": "218460", "title": "", "text": "\"This may be closed as not quite PF, but really \"\"startup\"\" as it's a business question.  In general, you should talk to a professional if you have this type of question, specifics like this regarding your tax code. I would expect that as a business, you will use a proper paper trail to show that money, say 1000 units of currency, came in and 900 went out. This is a service, no goods involved. The transaction nets you 100, and you track all of this. In the end you have the gross profit, and then business expenses. The gross amount, 1000, should not be the amount taxed, only the final profit.\""}
{"_id": "218468", "title": "", "text": "This site has the best information I could find, other than a Bloomberg terminal:    Quantumonline.com QUANTUMONLINE.COM SECURITY DESCRIPTION:  SCANA Corp., 2009 Series A, 7.70% Enhanced Junior Subordinated Notes, issued in $25 denominations, redeemable at the issuer's option on or after 1/30/2015 at $25 per share plus accrued and unpaid interest, and maturing 1/30/2065 which may be extended to 1/30/2080. Interest distributions of 7.70% ($1.925) per annum are paid quarterly on 1/30, 4/30, 7/30 & 10/30 to holders of record on the record date which is the business day prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are unsecured and subordinated obligations of the company and will rank equally with all existing and future unsecured and subordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the \u2018Link to IPO Prospectus\u2019 provided below."}
{"_id": "218472", "title": "", "text": "I think Austin is the only city *in Texas* that has completely banned plastic bags. Regardless, I said in my original comment that not the ENTIRE STATES of Florida and Texas have gotten rid of plastic bags + charge you for them.  Are they shifting there? Sure."}
{"_id": "218484", "title": "", "text": "Pretty simple: When is Cash Value Life Insurance a good or bad idea? It is never a good idea. How can life insurance possibly work as investment? It can't.  Just as car, home, or health insurance is not an investment.  Note for counter example providers:  intent to commit insurance fraud is not an investment. Why not live your life so in 15 or 20 years you are debt free, have a nice emergency fund built and have a few 100 thousand in investments?  Then you can self-insure.  If you die with a paid off home, no debt, 20K in a money market, and 550,000 in retirement accounts would your spouse and children be taken care of?"}
{"_id": "218495", "title": "", "text": "I'm not mad at anyone, I am aware of what a business large and small have always done and will always do.  This is why we need to make some changes to the law.  If your company turns a profit at some level, you must be required to spend X dollars on your peoples benefits be it through direct compensation or healthcare/whatever.  I don't see a problem with a private company picking up the tab for their employees if they have the means to do so.  Why should you and I pay for Walmarts employees?"}
{"_id": "218498", "title": "", "text": "I believe the answer is no, since your income from royalties and app sales would fall under FDAP income. (another conformation of this would be the fact that Apple and Google requested a W8-BEN form from you and not a W8-ECI form) Generally, All income EXCEPT FDAP income (fixed or determinable annual or periodical income) are ECI income.  FDAP income includes income from interest, rent, dividends etc. IRS link to a list of all Income classified under FDAP below:- https://www.irs.gov/individuals/international-taxpayers/fixed-determinable-annual-periodical-fdap-income https://www.irs.gov/pub/irs-pdf/iw8eci.pdf (page 3 - under effectively connected income)"}
{"_id": "218501", "title": "", "text": "It would be quite the trick for (a) the government to run all year and get all its revenue in April when taxes are due and (b) for people to actually save the right amount to be able to cut that check each year. W2 employers withhold the estimated federal and state taxes along with the payroll (social security) tax from each paycheck. Since the employer doesn't know how many kids you have, or how much mortgage interest, etc you will take deductions for, you can submit a W4 form to adjust withholdings.   The annual Form 1040 in April is to reconcile exact numbers, some people get a refund of some of what they paid in, others owe some money.  If one is self-employed, they are required to pay quarterly estimated taxes. And they, too, reconcile exact numbers in April."}
{"_id": "218522", "title": "", "text": "Although not technically an answer to your question, I want to address why this is generally a bad idea.   People normally put money into a savings account so that they can have quick access to it if needed, and because it is safe.  You lose both of these advantages with a foreign account.  You are looking at extra time and fees to receive access to the money in those australian accounts.  And, more importantly, you are taking on substantial FX risk.  Since 2000 the AUD exchange rate has gone from a low of 0.4845 to a high of 1.0972.  Those swings are almost as large as the swings of the S&P.  But, you're only getting an average return of 3.5%, instead of the average return people expect with stocks of 10%. A better idea would be to talk to a financial adviser who can help you find an investment that meets your risk tolerance, but gives you a better return than your savings account. On a final thought, the exception to this would be if you plan on spending significant time in Australia.  Having money in a savings account there would actually allow you to mitigate some of your FX risk by allowing you to decide whether to convert USD when you are travelling, or using the money that you already have in your foreign account."}
{"_id": "218532", "title": "", "text": "\"&gt; Let's just say the insurance industry knows a lot more about underwriting than you do.  I'm sorry, but that is a meaningless statement. I work in insurance (first as a consultant, before 'retiring' to work in insurance distribution a few years ago), and I know that our industry frequently uses flawed or outdated methodologies due to the simple fact that insurance companies are very conservative and *very* resistant to change when it comes to changes to their core business. Unless you can show a direct, negative impact on the bottom line caused by the currently used method, you are unlikely to make any changes at all. In this case, if the entire US car insurance industry is using the same flawed system, it won't affect a single company if they also stick to it.   Until 1996, before the current system was introduced, insurance companies in Germany used to rate liability insurance for cars (almost) exclusively by engine power output. The industry had known that this method was fundamentally flawed since at least the late 1980s (comprehensive and partial coverage had been rated by the 'new' system for a few years at this point, which had also taken years to work out), but it took additional years of planning, negotiations and cooperation by the entire industry to change to the new system for liability.   So please, do not ever assume that \"\"the insurance companies are the experts, they know what they are doing!\"\". It might very well be the case that they are stuck with flawed/outdated systems simply because there is no sufficiently strong impulse to change what they do.   The current Tesla rate adjustment situation is a wonderful example of this - it apparantly took AAA *5 years* since the Model S first came out to realise that their initial estimate was wrong (it seems unlikely that the accident rate or repair costs have suddenly changed over the last year) and take appropriate actions. By late 2013, there were easily enough Teslas on the road (about 20,000) to get realiable data, yet nothing happened for nearly another 4 years.\""}
{"_id": "218533", "title": "", "text": "Exactly. that is paying double the money for no better coverage. It makes no sense. The paperwork when you file a claim will ask you if there is coverage from another policy. Making the same claim to two different policies, without telling them,  would be considered insurance fraud. For that kind of money the insurance company would be involved with paying the re-builder money periodically. Obviously only one re-builder is involved, and they would notice if they were getting paid more than was required. While you could decide to take the money and not rebuild, but that wouldn't work if you had a mortgage. The lender would want their money or force you to rebuild."}
{"_id": "218551", "title": "", "text": "The problem with this is that the guys that actually use this shit for work (djs that actually still make music) can't get their shit pressed anymore because big guys (Sony etc) are completely maxing out the presses and there is simply not enough capacity anymore. All that to serve idiots that don't even have the right setup to ever tell me he diff between cd and vinyl but hey ... it's cool. At the same time it will kill why it became hip in the first place ... same old"}
{"_id": "218565", "title": "", "text": "The US has a tax treaty with Ukraine (unlike Singapore), so you should be in a similar situation to Canadians etc. who choose to use a foreign broker.  You'll have to file a W8BEN to reduce withholding taxes, and they'll want identification documentation and so on, and I imagine they'll want a wire transfer to fund the account.  In many places now they are requiring permission to share information with the tax authorities in your home country (you waive your privacy), but that may not be true with Ukraine, and should not be a problem in any case if you're being upfront."}
{"_id": "218579", "title": "", "text": "\"GreenLight offers a paid service for $5 per month that requires an adult primary account holder, and then unlimited accounts, including minors, as part of that service. I saw no minimum age requirement (see section \"\"Minors as Sub-Account Cardholders\"\"). https://www.greenlightcard.com/index.html Disclaimer: I haven't tried this service\""}
{"_id": "218622", "title": "", "text": "\"When a house is sold at a foreclosure auction, the selling bank usually does not provide the guarantees that a normal house seller provides.  Furthermore, the previous owner may have neglected the property, and/or spitefully damaged the property.  Bank-owned properties are often neglected and/or vandalized.  Banks are usually too short-sighted to properly market the real estate they own, and do a poor job of making it easy to buy the property. Thus, foreclosure sales usually happen at a price that is significantly below the \"\"fair market value\"\" of sales between competent households.  It is common for a house that is worth $ 125,000 (even in a depressed market) to sell for only $ 100,000 in a short sale or foreclosure. It is possible that this property sold for an even larger discount.  It is also possible that the tax assessor is (inadvertently) comparing a run-down property with well-maintained properties that have extra expensive features, without fully adjusting for the properties' conditions and features.  In the latter scenario, the property owner can ask the tax assessor to re-consider the assessment.  Usually this request is called an \"\"appeal\"\".\""}
{"_id": "218629", "title": "", "text": "He may not be saying it (that woudld be stupid and get him into legal trouble),  but he certainly is *implying* to his employees that if they vote for Obama he will fire them (or that theres a good chance he will)."}
{"_id": "218637", "title": "", "text": "Taking every court to case isn't in the best interest of the public either (on a net basis). Often those settlements accept the fine, but dong admit guilt. This can be important in federally regulated industries where guilt would result in automatic suspension of licenses and practice. Those regulations were put in place knowing that most companies would settle.  Also, there's valid reason for deducting the settlement! In many businesses lawsuits are ordinary expenses (consumer facing ones with lots and lots of employees). People being up frivolous suits all the time and it's cheaper to settle for a small amount than pay expansive attorneys to go to court. Effectively, it's like an admin expense, we don't tax revenue, we tax profit.  Finally, this would seriously clog courts, and jury's can be crazy biased to emotional stories.   Yes, some parts could be changed, but it serves a valid purpose."}
{"_id": "218644", "title": "", "text": "Basically the idea is you put the exact amount of cash into each envelope and set those aside for a specific purpose. Then when you go to accomplish that specific purpose such as grocery shopping or whatever, you take the corresponding envelope and use only the money that is inside. It is sort of a way to train yourself to follow budgets very strictly. Many people stand by this method and it really is as simple as the website you linked to. As far as tracking, this method really doesn't track anything aside from what you note down about where the money is going. Others have moved on to using ING sub accounts to do the same thing but in a digital form."}
{"_id": "218670", "title": "", "text": "the data source is the same as the live market trading. pre and after market trading are active markets and there are actual buyers and sellers getting their orders matched."}
{"_id": "218678", "title": "", "text": "SavingsMap is a web-based personal finance forecasting tool that requires no bank account or personal information other than an email address. As founder of SavingsMap, our goal is to forecast future cash flows based on your current budget, while using strategies to minimize US tax obligations and taking into account expected major life events."}
{"_id": "218695", "title": "", "text": "RSU are taxed when vested, based on their value at that point, as salary. If you don't sell to cover, you need to pay the taxes, if you sell to cover - you sell the portion that is worth the taxes (brokers do that automatically, and remit the taxes on your behalf). Once paid your taxes, it becomes a regular stock position - short term gains if you sell within a year after vesting, long term if you wait for more than a year. The consideration whether to wait or sell is as with any other investment, them being previously restricted has no meaning. You calculate the gain for each position, so the fact that you have more than one position is not a problem. The RSU income and the taxes paid will appear on your W2, so when the broker reports proceeds, you can show the basis and thus calculate the gain. See this question for some useful answers on how to report the RSU sale on your taxes."}
{"_id": "218696", "title": "", "text": "401(k) plans, 403(b) plans, IRAs etc all require more paperwork than a non-tax-advantaged investment. As a result, most such plans (with Vanguard as well as with other management companies) offer only a small set of investment options, and so it costs the plan sponsor (you wearing your Employer hat) money if you want to add more investment options for your Solo 401(k) plan).  Note that with employer-sponsored retirement plans, investments in each mutual fund might be coming in small amounts from various employees, much less than the usual minimum investment in each fund, and possibly less than the minimum per-investment transaction requirement (often $50) of the fund group. Taking care of all that is expensive, and it is reasonable that Vanguard wants to charge you (the Employer) a fee for the extra work it is doing for you. When I was young and IRAs had just been invented (and the annual contribution limit was $2000 for IRAs), I remember being charged a $20 annual fee per Vanguard fund that I wanted to invest in within my IRA but this fee was waived once my total IRA assets with Vanguard had increased above $10K."}
{"_id": "218709", "title": "", "text": "Paying up in full before the statement is posted does not seem a good idea. I feel you should keep some small amount to be posted as a statement balance and pay that in full each month. If you keep your statements as always 0 will give creditors an impression that you have cards and you don't utilize them, so they cant really gauge how you preform being debt, whether you are able to manage your debt well etc. I always keep <100 dollar in every credit card I have to be posted a statement balance. I have >100k credit line over 3 cards. So if I take air ticket to SE Asia runs into 3000$ for my family, I pay 2900.00 a day before statement generates and keep 100 for statement to be posted. pay 100 the next day or as auto debit. This way you have some utilization + lower credit card outstanding at any point make your utilization right in single digits."}
{"_id": "218710", "title": "", "text": "\"It's not at all different from anything that happens in reality. Everybody deals with risk and uncertainty, everybody worries about the future, and everybody puts their best mind to bear on it. You gamble, you hedge your bets, you try to do your best with what you've got and what you're willing to give up. People who aren't in the financial industry can also think about their goals in a fine-tuned, strategic, mathematical way. Being able to accurately model reality is useful for pretty much everything.  The way in which it is actually totally different is not addressed. People who deal in derivatives can do a very precise job of predicting the future. So can astronomers, bullfighters, and migratory fish. The difference is that people who deal in derivatives have the ability to leverage reality to obtain a preferred future reality in a uniquely influential way. The guy is acting like investment banks live up on a mountain and look at tea leaves and send down memos about securities once a year.   &gt;Changing the shape of the graph is in some loose sense the business of the financial system, particularly the big investment banks, which are sometimes thought of as \"\"dealers in risk.\"\"   So are drug dealers. But the guesses investment banks make about the future affect the actual future of investment banks in a way that isn't available to, say, cobblers, so they are dealing with much less of their own risk than most people.   &gt;Buying and selling derivatives means consciously trafficking in risk and uncertainty, in a relatively uncut form. This makes it interesting to people who don't buy or sell derivatives for a living, but who are curious about risk and uncertainty.  It also makes it interesting to people who are curious about why their lives are affected by the the risk and uncertainty of people who trade in derivatives.\""}
{"_id": "218720", "title": "", "text": "It's also a pain in Alexa as the price they give is inclusive of any promo credits you may have. So it may say it costs $2 but in reality it cost you a $10 Amazon credit that you forgot you had and could have been used on almost anything else"}
{"_id": "218728", "title": "", "text": "The other example I'd offer is the case for diversification. If one buys 10 well chosen stocks, i.e. stocks spread across different industries so their correlation to one another is low, they will have lower risk than each of the 10 folk who own one of those stocks per person. Same stocks, but lower risk when combined."}
{"_id": "218730", "title": "", "text": "\"Most (if not all states) in the US are only interested in source income. If you worked in that state they want to tax it. Many states have reciprocity agreements with neighboring states to exempt income earned when a person works in lets say Virginia, but lives in a state that touches Virginia.  Most states don't consider interest and dividends for individuals as source income. They don't care where the bank or mutual fund branch is located, or headquartered.If it is interest from a business they will allocate it to the state where the business is located.  If you may ask you to allocate the funds between two states if you move during the year, but most people will just divide the interest and dividends based on the number of days in each state unless there is a way to directly allocate the funds to a particular state.  Consider this: Where is the money when it is in a bank with multiple branches? The money is only electronic, and your actual \"\"$'s\"\" may be in a federal reserve branch. Pension funds are invested in projects all over the US.\""}
{"_id": "218731", "title": "", "text": "I was in a similar situation at age 18/19, but not making quite as much money. I maxed out an IRA and bought savings bonds, although rates were decent then. I did flitter away about half of what I earned, which in retrospect was probably dumb. But I had a good time!"}
{"_id": "218747", "title": "", "text": "It is a dangerous policy not to have a balance across the terms of assets. Short term reserves should remain in short term investments because they are most likely needed in the short term.  The amount can be shaved according to the probability of their respective needs, but long term asset variance usually exceed the probability of needing to use reserves. For example, replacing one month bonds paying essentially nothing with stocks that should be expected to return 9% will expose oneself to a possible sudden 50% loss.  If cash is indeed so abundant that reserves can be doubled, this policy can be expected to be stable; however, cash is normally scarce.  It is a risky policy to place reserves that have a 20% chance of being 100% liquidated into investments that have a 20% chance of declining by approximately 50% just for a chance of an extra 9% annual return. Financial stability should always be of primary concern with rate of return secondary only after stability has been reasonably assured."}
{"_id": "218754", "title": "", "text": "&gt; hard to avoid.  Unless, you know, you create a foreign corporation to do all your trading. Its not 'your' money to be taxed until someone can prove ownership. I honestly don't see how this is any different than the use of trusts to lower tax obligations in the middle ages."}
{"_id": "218759", "title": "", "text": "It's easy to act like this was obvious now but back then people thought the financial system was going to collapse.  WB was willing to bet $5 billion on a bank that had lost 90% of its value in two years.  He is a shrewd and unemotional investor, most people would keel over from the stress of that decision."}
{"_id": "218761", "title": "", "text": "Those fields are used in a bank-to-bank transfers that do not use SWIFT. SWIFT is a messaging system, however with the fields you have listed, banks can exchange messages directly without having to use SWIFT. Your bank may not support bank-to-bank transfers, in which you need to notify your client that it needs to be a SWIFT transfer."}
{"_id": "218762", "title": "", "text": "&gt;Warren Buffet (although his son seems to be very competent and grounded, to some degree).   Warren buffet is not being succeeded as CEO by his son. One son is a sheriff in Illinois and the other is an artist. Jain or Abel at Berkshire are most likely to take over when he passes the torch."}
{"_id": "218772", "title": "", "text": "For a while I tried shopping multiple grocery stores, checking fliers each week from three different stores and then making the trip to all three stores to save ten cents on each item. After a couple months, I decided it just wasn't worth it.  So, I picked my favorite store.  I shop once a week, after reviewing the flier and making a list.  I clip coupons and try to only buy what's on my list.  (I confess that coupons sometimes get me to buy a brand or item I wouldn't have otherwise... it's my weakness!) The biggest place that we save money though, is by paying attention to meat prices.  I know that chicken and pork go on sale for $1.99/lb every 4 to 6 weeks at my grocery store.  When it does, I buy a enough to last until the next sale, and freeze it in single-meal portions.  Steak and fish are special treats, but on the rare occasion that they're less than $4/lb, I'll buy those.  We also try to limit our meat consumption to every-other-day. It's not worth it for me to obsess over the price of ketchup that I buy twice a year, but on expensive items like meat, and items we use daily, I become familiar with their regular prices and sale prices, and buy extra when it's on sale.  If, like me, you don't have room in your brain to keep track of the prices of everything, stick with the things you spend the most on, either because they're expensive, or you buy a lot."}
{"_id": "218785", "title": "", "text": "First article says store closures are due to online shopping, then because people are spending less on clothes and more on restaurants and travel.   How about we are just spending less because we have been bled dry? You can only funnel money to the top for so long. At some point there is less to funnel."}
{"_id": "218793", "title": "", "text": "Mint.com does a pretty good job at this, for a free service, but it's mostly for personal finance. It looks at all of your transactions and tries to categorize them, and also allows you to create your own categories and filters. For example, when I started using it, it imported the last three months of my transactions and detected all of my 'coffee house' transactions. This is how I learned that I was spending about $90 a month going to Starbucks, rather than the $30 I had estimated.  I know it's not a 'system' like an accounting outfit might use, but most accounting offices I've worked with have had their own home-brewed system."}
{"_id": "218823", "title": "", "text": "\"Both are saying essentially the same thing.  The Forbes articles says \"\"as much as 20% [...] up to a maximum of $50,000\"\".  This means the same as what the IRS page when it says the lesser of a percentage of your income or a total of $53,000.  In other words, the $53k is a cap: you can contribute a percentage of your earnings, but you can never contribute more than $53k, even if you make so much money that 20% of your earnings would be more than that. (The difference between 20% and 25% in the two sources appears to reflect a difference in contribution limits depending on whether you are making contributions for employees, or for yourself as a self-employed individual; see Publication 560.  The difference between $50k and $53k is due to the two pages being written in different years; the limits increase each year.)\""}
{"_id": "218827", "title": "", "text": "Preview of the research paper here:  [Long-Term Persistence of Hormonal Adaptations to Weight Loss](http://www.nejm.org/doi/full/10.1056/NEJMoa1105816)  These findings are very interesting especially considering the hormonal indicators used and the metabolic production and pathway diversity between each.   Basically looks (to me) like some kind of long term normalisation failure and considering the differences in the indicators involved would imply a large chunk of our knowledge regarding metabolic regulation in mammals is missing."}
{"_id": "218837", "title": "", "text": "\"* SEC.  So I guess you're in favor of the little guys getting screwed while Insiders trade tips on stocks? If you bothered to do any sort of research you'd realize that for the scope of its mission, the SEC is not allocated near enough to do its job.  The SEC is there to ensure that all play fair, but they are underfunded.  *Govt Titty.  I have no idea what you are going on about.  Try to stay on topic.  * Sales Tax.  Off-topic again, but please re-examine your exremely demented Libertarian ideals.  If you like roads, water, street lights, and not getting butt-raped b/c the police rescued you, then you like State Sales tax; you just don't know it yet.  And of course it's their right. WTF.  * Enron.  Bad example.  The SEC monitors trades, so they have the ability to know how many trades an Exchange has done.  Of course, they have been underfunded so they don't have enough money to monitor all of them reliably, but more funding will fix that.  * Market Death.  Are you drunk?  No, seriously.  I make posts like this when I'm drunk.  If not, then please explain how you relate a person dying to an Exchange being stable &amp; trustworthy?  * Stability by Change.  OK, now I'm pretty sure you are drunk.  Geez, it's the middle of the day.  \"\"Stability by change\"\"?  Stability requires stability, not change.   I'm embarrassed to even be responding to this right now.\""}
{"_id": "218838", "title": "", "text": "I'll make sure to save this and we can come discuss it as things develop. I'm willing to bet my next paycheck on Trump resigning and being indicted while Hillary will not even being indicted. I'm not saying the email thing wouldn't have lost some people their jobs and brought on possible charges, but it's not a super serious crime and as she no longer and will not in the future need security clearance, there's not much point in going after her because it's over and so is her career. However, Trump &amp; Cos alleged, collusion with Russia is an ongoing issue if true."}
{"_id": "218842", "title": "", "text": "Prices quoted are primarily the offer prices quoted by the numerous market makers on the stock exchange(s) willing to sell you the stock. There is another price which generally isn't seen on these websites, the bid prices, which are lower prices quoted by buyers and market makers willing to buy your shares from you. You wouldn't see those prices, unless you login to your trade terminal. How meaningful are they to you depends on what you want to do buy or sell. If you want to buy then yes they are relevant. But if you want to sell, then no. And remember some websites delay market information by 15 minutes, in case of Google you might have seen that the volume is delayed by 15 minutes. So you need to consider that also while trading, but mayn't be a concern unless you are trying to buy out the company."}
{"_id": "218845", "title": "", "text": "\"Personally, I would: a) consider selling the car and replacing it with a 'cheaper' one.  If you only drive it once a month, you are probably not getting much 'value' from owning a nice car. b) move the car (either current or replacement) out to your parent's place.  The cost of a plane ticket is about the same as the cost of the garage, and your parents would likely hold on to it for free (assuming they live in the suburbs, and parking is not an issue) option b should lower your insurance costs (very low annual mileage) and at least you'll get some frequent flier miles out of your $350 a month. That being said: this is a \"\"quality of life\"\" issue, which means that there isn't going to be a firm answer.   If you are 25, have little debt, which you are paying off on time, have an emergency fund, and you are making regular contributions to your 401k, you are certainly NOT \"\"being seriously irresponsible\"\" by owning a nice car.  But you may decide that the $1000 a month could be better spent somewhere else.\""}
{"_id": "218849", "title": "", "text": "\"I have never had a credit card and have been able to function perfectly well without one for 30 years. I borrowed money twice, once for a school loan that was countersigned, and once for my mortgage. In both cases my application was accepted. You only need to have \"\"good credit\"\" if you want to borrow money. Credit scores are usually only relevant for people with irregular income or a past history of delinquency. Assuming the debtor has no history of delinquency, the only thing the bank really cares about is the income level of the applicant. In the old days it could be difficult to rent a car without a credit car and this was the only major problem for me before about 2010. Usually I would have to make a cash deposit of $400 or something like that before a rental agency would rent me a car. This is no longer a problem and I never get asked for a deposit anymore to rent cars. Other than car rentals, I never had a problem not having a credit card.\""}
{"_id": "218858", "title": "", "text": "I believe moving reimbursement has to be counted as income no matter when you get it. I'd just put it under miscellaneous income with an explanation."}
{"_id": "218904", "title": "", "text": "Yes, 6% is a waste of money, because some other brokers such as IB offer margin rates below 2%.   Also, to borrow money for even less than any broker's margin interest rate, one can do an EFP transaction.   This involves simultaneously shorting a stock and buying the SSF for the same stock.   When the futures contract expires, you take delivery of the underlying stock to automatically close out your short position.  Until then, you've effectively borrowed cash for the cost of borrowing the stock, which is typically less than 0.5% interest for widely traded ones.  You also pay for the slight difference in price between the stock and the future, which is typically equivalent to another 0.5% interest or less.  The total often comes to less than 1% interest. The only risk with this transaction is that the stock could become hard to borrow at some point, so then you would have to pay higher interest on it temporarily or maybe even have to close out your short early.  But it is extremely rare for large, high-volume stocks to become hard-to-borrow.  The borrowing cost of SPY has spiked above 5% on only a handful of days in the last decade."}
{"_id": "218947", "title": "", "text": "\"Here is, from Yahoo Finance, the S&P 500 over the last ~60 years (logarithmic scale):  The behavior since ~2000 has been weird, by historical standards. And it's very easy, looking at that graph, to say \"\"yes! I would have made so much money had I invested in March '09!\"\". Of course, back in March '09, it wasn't so clear that was the bottom. But, yes, over the last 10 years or so, you could have made more money by adopting a rule that you'll accumulate cash in a FDIC (or similar) insured savings account, and dump it into an S&P index fund/ETF when the index is n% off its high. Of course, if you look at the rest of the chart, that strategy looks a lot less promising. Start in the early 80's, and you'd have held cash until the crash in 2000. Except for the recent weirdness, the general trend in the S&P 500 (and stock markets in general) has been upward. In other words, to a first-order approximation, the S&P 500 is always at an all-time high. That's just the general trend.\""}
{"_id": "218948", "title": "", "text": "Everyone wants good health in the immediate sense, of course. However, it certainly doesn't stop many from smoking or drinking.   Do people complain about firemen or police taxes like they do with the price of healthcare?   Just like the government insuring all of  college debt in guaranteed loans, it will only add fuel to the fire. It's the same story again and again   Medicare and medicaid is already an expense in the form of taxes that is beyond comprehension. Government needs to get out to improve the costs, both lobbying and legislation portions."}
{"_id": "218950", "title": "", "text": "Regulated vs unregulated crypto makes sense - it seems like it's easier for government officials to simply enforce a blanket restriction on cryptocurrency transactions of all kinds than bother to make the distinctions between different types. I expect China's shutdown will be the first of many in terms of national governments on cryptocurrency."}
{"_id": "218955", "title": "", "text": "How would they make money from it?   They sell you the software for $100 (US example; could as easily be 100 Euros or 10,000 Japanese Yen).  You use it to make recommendations on your blog.  Your blog becomes rich from advertising.  They sold $100 worth of software.  If they spent $1 million in labor developing it, they're way behind.   Another problem is that the software would stop working and need adjusted periodically.  This is easy to do on a server but annoying on a PC.  And who pays for the adjustments?   Put both those things together, and it's a lot easier to do on a server.  Another advantage is that a server can get a better data feed as well.  Pay a premium for the detailed information rather than relying on public sources.  And people are used to renting server access where they expect to buy software once.   Another issue is that they are unlikely to beat the market this way.  Yes, AIs have done so.  But that's the latest AI, constantly adjusted.  This is going to be a previous generation AI.  It's more likely to match the market.  And we already have a way to match the market:  an index fund.   If someone had a brilliant AI, the best use would probably be to sell it to a fund manager.  The fund manager could then use the AI to find opportunities for its existing investors.  Note that a $10 billion fund with a 10% return that gives a .1% commission would be paying $1 million.  And that has no marketing or packaging overhead.  Think $10 billion is a lot?  Fidelity has $2 trillion."}
{"_id": "218964", "title": "", "text": "I have a couple of questions regarding Bank Loans.  1.) can they ever trade above par? From my understanding, most get called due to refinancing.  2.) if a bank loan has a floor attached to it that's tied to LIBOR, say 100bps, and that floor is pierced, does the floor automatically disappear, or does that specific loan need to be refinanced before the floor can be done away with? Additionally, should an investor be more cautious when investing in a bank loan without a floor? With regard to the second half of my question, I would think an investor would demand a higher yield without the assurance of a floor."}
{"_id": "218967", "title": "", "text": "I'm going to echo Phil and say that you should add more information. That being said, I think it is possible for you to owe the government that much. If you received a federal health insurance subsidy and live in a state that didn't expand medicaid, you could have received a subsidy through out the year that you did not end up qualifying for. It appears you are outside the medicaid limit of 133% of the poverty level($11,670) or $15,521. If you received a subsidy of $275 a month from the marketplace, you would have received $3300 worth of aid from the government that you don't qualify for. Now they are expecting you to pay it back."}
{"_id": "218970", "title": "", "text": "So Netflix loses either way under your great plan.  You can't watch Netflix with Comcast's shit quality so you cancel, you can now watch it but Netflix is paying for access and you say they should cancel out of principle.    Comcast doesn't care.  They compete against Netflix and are losing to them in subscribers. Comcast also has virtual monopoly powers in many market areas.  I'm not seeing how complaining to Comcast solves anything."}
{"_id": "218980", "title": "", "text": "We're in the learning curve phase. Once people familiarize themselves with them, they will be a breeze.   Also, they still require employees but 1 employee usually watches over 4 kiosks.  These things will easily pay for themselves and then some eventually. They can work 24 hours a day and never get sick."}
{"_id": "218986", "title": "", "text": "\"You don't have to hire a tax consultant, there is a number of companies who sell software (installable or web-based) that helps you do it by asking for all relevant data interview-style. These typically cost between 15 and 25 EUR. I'm not sure whether any of them are available in English, but if you can read German well, you should be OK. taxback.com is in English, but to be honest it looks a bit dodgy to me. Now for your questions: are there some tricky fields (lines) that after filling in my taxes will be counted higher? This is rare, at least for employees you nearly always get something back. are there some tricky fields (lines) that after filling in my taxes could be counted lower? Not in general. Marriage is mentioned below, and otherwise it's all about individual deductibles. Ah, one important factor: if you have investment income and have not filed a Freistellungsauftrag with your bank, you can get some of the taxes by filling out the \"\"Anlage KAP\"\" form with data you got in the Jahressteuerbescheinigung from your bank. are there some flat-rates (Pauschals) that I could get advantage from? Absolutely. As an employee, the biggest factor is the Werbungskostenpauschale of (I think currently) 1000 EUR for general work-related expenses, which will be accepted without proof. If your expenses are higher than that and you file individual expenses, there are flat rates for work-related moving and for commuting distance. is it better to give a tax return together with my wife (who was only a girlfriend in 2013 living with me in one household) or to give it separately? It's not possible to do a joint tax filing for the time before your marriage. What you should consider is to apply for a different tax class from now on, if one of you earns significantly more than the other. when separately, do I have to fill her information in my tax return or can I just pretend there is nobody else in my apartment? As far as taxes are concerned, unmarried roommates are treated completely separately with one exception: only one of you can deduct service charges included in your rent. You have to get a Nebenkostenabrechnung from your landlord, and service charges, i.e. janitor, gardener, etc. should be marked separately. But this may not be worth bothering with, usually it results in a tax return of maybe 15 EUR. is there any guide in English that could be of help with filling in the tax return form? I couldn't find anything that looked really useful in a short search.\""}
{"_id": "218990", "title": "", "text": "&gt; Any ideas on how to execute this?  I don't have any licenses or degrees in business, but I think that there are government resources that can help you.  The best one I see, so far, is [information](http://www.irs.gov/businesses/small/article/0,,id=99336,00.html) from the IRS, about federal taxes and business. It is a good starting point.   And, I would recommend finding, and talking with businesspeople who have done things like this, before. It is apparent that you are doing that, and I wish you luck.   I do hope that you'll keep us in the loop about this, and ask any additional questions. :)"}
{"_id": "219004", "title": "", "text": "The cost of living is quite high in New York City.  It has the highest CPI (Consumer Price Index) of any city in the U.S.  Salaries also tend to be highest in NYC.  Just about any bicycle lock sold in the U.S. has an exception in its warranty for NYC.  It is the most populous American city. So, why do people deal with all the hassles of living here? Because, it is a hotbed of activity.   I venture that the advantages are basically the same in Zurich:"}
{"_id": "219030", "title": "", "text": "I see this same argument with Amazon who's P/E is also through the roof. Valuation is way more complicated than looking at income statement ratios. There are some pretty solid reasons for its valuation. I'm inclined to agree it is overvalued, but not as much as you think."}
{"_id": "219033", "title": "", "text": "It is possible to not use checks in the US. I personally use a credit card for almost everything and often have no cash in my wallet at all. I never carry checks with me. If we wanted to, we could pay all of our monthly bills without checks as well, and many people do this. 30 years ago, grocery stores didn't generally accept credit cards, so it was cash or check, though most other kinds of stores and restaurants did. Now, the only stores that I have encountered in years that do not accept credit cards are a local chicken restaurant, and the warehouse-shopping store Costco. (Costco accepts its own credit card, but not Mastercard or Visa.) Still, we do pay the majority of our monthly bills via check, and it would not be shocking to see someone paying for groceries with a check. I can't name the last time I saw someone write a check at a store exactly, but I've never seen any cashier or other patrons wonder what a check-writer was trying to do. Large transactions, like buying a car or house, would still use checks -- probably cashier's or certified checks and not personal checks, though."}
{"_id": "219042", "title": "", "text": "It is a decent time to purchase real estate despite dsquid's opinion.  I feel dsquid is falling for the old economic psychology of what ever direction its going it will continuing in that direction, which is a bad mentality for any investing (up or down).     This may not be the bottom, and there is some sign that another dip is coming with in a year or two.  But if you purchase now, and focus on a few key factors you may end up on the upside of the swing.  First and foremost location matters more then value of the property.  When the pent up demand is eventually released (after we get employment moving in the right direction) you will see a land grab.  The first and highest valued places are those with nice neighborhoods and good schools as the young families (economically unburdened) start making homes.    Second pay attention to valuation in so much as your burden.  This means consider taxes and mortgage and terms of mortgage (stay away from variable or balloon rates).  When thing go up the interest rates will lead the way.  In this time of uncertainty you should make sure you can cover your mortgage payment with ease.  Put plenty down (20% being the recommended to avoid mortgage insurance and long term costs) and shoot low on  price.  If you're handy you may even consider buying something that needs minor work (outdated kitchen or the like).   If you shoot lower then your limit, then you'll be comfortable even if things turn sour for you.  Ultimately all this hinges on what you want to do with the property.  Its a wise time to buy homes today where you will be able to rent them out tomorrow.  But the important thing is aim in the middle instead of at your limit (450 is definitely your limit).  Remember banks will always tell you that you're able to afford twice as much as you actually should.  And keep in mind, no matter how new or nice the home, it will need work at some point and that costs.  So you should have that in mind when you consider savings.  Based on your information I wouldnt shoot higher then 250-300k.  I have friends who make your salary in dividends plus two incomes and they are comfortable in their home at its 250 price.  They are able to afford repairs and upgrade regularly and arent threatened by potential tax hikes (though they gripe of course).   The one good piece of advice from dsquid IMHO is that you should be ready for the environment to change.  Higher interests rates will weigh on your comfort as much as CPI and increased taxes will so plan for them to be much higher and you'll be ahead of the game."}
{"_id": "219043", "title": "", "text": "If I appear to be attacking you, I apologize up front because that's not my intent.    * Windows phone has a market share of 2.5% and it's falling.  Their market share is more closely compared with Blackberry than with Android or iOS.  In addition, they are really only releasing low end phones and there are no known high end phones scheduled.  * Office may be better but Blackberry was leading edge and 10 years later, they're pretty much gone.  As a developer who has worked with Office products since Office 4.3 back in the 90's, there are just too many components that are clearly 10-15 years old that have not been updated.  From data importing to VBA, there is just too much in there that they're just milking for as long as they can.  I would add that when they introduced the Office subscription service in 2012, they told users that it was better to buy the subscription instead of buying the software outright because they would be constantly providing functional improvements like Google docs.  That simply hasn't happened as there has been nothing but bug fixes for two years.  * Azure may have a nice console (it's from 2011) but I'm here to tell you that working with Azure can be downright painful compared to AWS.  Whether it's the firewall between two servers, SQL Azure data synch (in beta for 1.5 years and counting...seriously MS, what the f are you doing with that anyway?) to paid support (if you think Comcast ignores you, you aint seen nothing yet), they clearly are working in silos and not listening to their customers.  * As for Windows 8, by their own admission, it's been a disaster and has really harmed their brand.  8.1 has brought back some much needed functionality but they need to make Windows 9 a winner, release it immediately and get everyone on it asap."}
{"_id": "219061", "title": "", "text": "This is one of those too good to be true things that is actually true. Why? Because only you can do this. Only you can deduct for primary home mortgage interest, only you can get a low cost mortgage (others would have to get investor mortgages at a higher interest rate). So its only a great deal for you. More people would do it if they could, but they can't, thats why you can and should do this. I have a similar setup and it is terrific."}
{"_id": "219091", "title": "", "text": "Thanks for the extra info on the property tax. So it sounds like it's going to be $1500 for a $150k house. I'm sure even if it's sold for $150 the state might still value it at $15k and you'll end up with $150 in property taxes which is basically nothing."}
{"_id": "219110", "title": "", "text": "I never said they're not going to change. I'm saying it will take far more than a year or two. The article say that a $10/barrel can happen in 2 years. I'm saying no.  And it's not inefficiency that's causing expensive electricity. Philippines does not have the basic requirements to create cheap and renewable energy to supply what it needs. Nowhere to build a dam for hydro power. And too many strong typhoons/earthquakes for building wind.  Solar power would not necessarily work either. The nation is one of the most biodiverse areas in the world. By blocking large chunks of the islands and depriving the land of sunlight, you are causing massive environmental destruction. Palm and agriculture has already devastated many parts of Philippines, what it needs is more vegetation.  Tidal power isn't nearly as  developed as the other forms of new energy. And it may also disrupt a very busy marine trade route."}
{"_id": "219116", "title": "", "text": "people only go to bestbuy to palm the product then go home and buy it online for cheap. only the most technologically illiterate person would buy from bb. also i met a fucking asshole there who tried to push the protection agreement on me too hard. when i brushed him off he got so sarcastic. lower prices and dont have to deal with prick salesmen? sign me up!"}
{"_id": "219119", "title": "", "text": "If they are a debt collector, they must follow the requirements of the Fair Debt Collection Practices Act. In particular, they must provide you with verification of the debt at your written request. If they won't give you a way to do this, they are in violation of the law, and you should contact proper authorities. If they are not a debt collection agency, it does sound like a scam, in which case you should also contact the appropriate law enforcement agency."}
{"_id": "219156", "title": "", "text": "\"If you want an \"\"account statement\"\" from the IRS listing the taxes due and paid and confirming a zero balance remaining, you want what they call a Tax Account Transcript. It sounds like you tried to submit this online, but yes, it would require the actual taxpayer to submit it. The other option would be to fill out Form 4506-T requesting the Form 1040 Tax Account Transcript, have the taxpayer sign it, and mail it in. Presumably whatever method you used to have her sign the Form 1040 you prepared for her you could also use to have her sign the 4506-T. Another option could be to try to request the transcript over the phone. I don't know what authentication they require, or if you would need to have been listed on the 1040 as an authorized Third Party Designee. According to the IRS Transcript FAQ Page: Q19. What if I\u2019m unable to use Get Transcript by Mail? If you are unable to use Get Transcript by Mail, you may try our automated phone transcript service at 800-908-9946 and also receive your transcript by mail. Please allow 5 to 10 calendar days for delivery. But unless there's a reason to think that the tax account wasn't credited properly or the IRS is sending another bill or the like, I don't think there's a lot of point in doing so. In general, the fact that the check cleared the bank should be sufficient documentation that the amount was paid.\""}
{"_id": "219161", "title": "", "text": "Nothing's generating a whole lot of interest right now.  But more liquid and stable is better (cash or cash-like). But a related question:  Why a new car?  You can knock thousands of dollars off of the price of a comparable vehicle by buying one that's one or two years old.  Your new vehicle loses thousands of dollars in value the moment it goes off the lot."}
{"_id": "219163", "title": "", "text": "don't think these sound like WP  &gt; Meet The Lawyer Who Helped Defeat Uganda\u2019s Anti-Homosexuality Act   &gt;A 26-Step Guide To Understanding Why The U.S. Is Bombing Iraq,    &gt; Nothing Says \u201cSorry Our Drones Hit Your Wedding Party\u201d Like $800,000 And Some Guns"}
{"_id": "219173", "title": "", "text": "I'm actually in Aerospace and work as an engineer.  Imagine the issues with having helicopters landing on peoples driveways.   Here are some I can think of: Safety issues with the blades. The sound of helicopters constantly landing and taking off. Air traffic regulation. You can't have trees on your lawn. No birds allowed."}
{"_id": "219181", "title": "", "text": "Because even if you won the lottery, without at least some credit history you will have trouble renting cars and hotel rooms. I learned about the importance, and limitations of credit history when, in the 90's, I switched from using credit cards to doing everything with a debit card and checks purely for convenience. Eventually, my unused credit cards were not renewed. At that point in my life I had saved a lot and had high liquidity. I even bought new autos every 5 years with cash. Then, last decade, I found it increasingly hard to rent cars and sometimes even a hotel rooms with a debit card even though I would say they could precharge whatever they thought necessary to cover any expenses I might run. I started investigating why and found out that hotels and car rentals saw having a credit card as a proxy for low risk that you would damage the car or hotel room and not pay. So then I researched credit cards, credit reports, and how they worked. They have nothing about any savings, investments, or bank accounts you have. I had no idea this was the case. And, since I hadn't had cards or bought anything on credit in over 10 years there were no records in my credit files. Old, closed accounts had fallen off after 10 years. So, I opened a couple of secured credit cards with the highest security deposit allowed. They unsecured after a year or so. Then, I added several rewards cards. I use them instead of a debit card and always pay in full and they provide some cash back so I save money compared to just using a debit card. After 4 years my credit score has gone to 800+ even though I have never carried any debt and use the cards as if they were debit cards. I was very foolish to have stopped using credit cards 20 years ago but just had no idea of the importance of an established credit history. And note that establishing a great credit history does not require that you borrow money or take out loans for anything. just get credit cards and pay them in full each month."}
{"_id": "219187", "title": "", "text": "The best way is to not participate in the expensive habits at all.  Try to direct your friends to cheaper venues.   It's important to note that some hobbies are a large investment.  Shooting sports, model airplanes, and customizing vehicles are all examples of hobbies you might want to avoid when you're on a budget."}
{"_id": "219188", "title": "", "text": "http://www.npr.org/blogs/money/2012/07/19/157047211/six-policies-economists-love-and-politicians-hate  &gt; Three: Eliminate the corporate income tax. Completely. If companies reinvest the money into their businesses, that's good. Don't tax companies in an effort to tax rich people.  &gt;Four: Eliminate all income and payroll taxes. All of them. For everyone. Taxes discourage whatever you're taxing, but we like income, so why tax it? Payroll taxes discourage creating jobs. Not such a good idea. Instead, impose a consumption tax, designed to be progressive to protect lower-income households.  http://www.npr.org/blogs/money/2012/07/18/156928675/episode-387-the-no-brainer-economic-platform"}
{"_id": "219191", "title": "", "text": "Something that is missing from the discussion is the actual market for the lottery ticket -- if a market existed for the tickets themselves, that would make this far more obvious, but since there isn't one; buying a single ticket gives different Expected Values, but since the ticket has a defined 'game' instance, a single ticket is a gamble. Playing the lottery in the long run could be part of a high risk investment portfolio. [edited for clarity]"}
{"_id": "219208", "title": "", "text": "Many mutual fund companies (including Vanguard when I checked many years ago) require smaller minimum investments (often $1000) for IRA and 401k accounts.  Some also allow for smaller investments into their funds for  IRA accounts if you set up an automatic investment plan that contributes  a fixed amount of money each month or each quarter.  On the other hand,  many mutual fund companies charge an annual account maintenance fee ($10? $20? $25? more?) per fund for IRA investments unless the balance in the fund is above a certain amount (often $5K or $10K$).  This fee can be paid in cash or deducted from the IRA investment, and the former option is vastly better. So, diversification into multiple funds while starting out with an IRA is not that great an idea. It is far better to get diversification through investment in an S&P 500 Index fund (VFINX since you won't have access to @JoeTaxpayer's VIIIX) or a Total Market Index fund or, if you prefer, a Target Retirement Fund, and then branch out into other types of mutual funds as your investment grows through future contributions and dividends etc. To answer your question about fund minimums, the IRA account is separate from a taxable investment account, and the minimum rule applies to each separately. But, as noted above, there often are smaller minimums for tax-deferred accounts."}
{"_id": "219222", "title": "", "text": "&gt;They are just paper that is worth what it's worth because everyone agrees to accept it.  This is only partly true, and it's slightly misleading.  Fiat currencies' root value comes from *legal tender laws*, which stipulate that they are honored as settling all debts (both public and private).  So they have a distinct (and unfair) legal advantage over other potential currencies.  Americans don't arbitrarily choose to use USD, just like the Danes don't arbitrarily choose to use Kroner, or the Italians use Euro.  It's written in law.  Your OP's are also misleading in the fact they are talking about credit derivatives (currencies) as though they were *emergent money*.  They are not."}
{"_id": "219229", "title": "", "text": "Fuck integrity. coming from someone who busts their ass for a living my bosses are idiots and have rammed a whole bunch of really bad ideas my way. do i tell them their idiots and not do it? hell no. i like being employed. principles go right the fuck out the window when it comes down to your job."}
{"_id": "219231", "title": "", "text": "SEO is generally known as Search engine optimization, and while many recognize the fundamentals of seek engine ranking, no longer many recognize how SEO services can benefit the commercial enterprise. SEO-DADDY, our company best SEO in Dubai, We can help enterprise with a website in casting off mistakes and bottlenecks from their online advertising and marketing method. Search Engine ranking can be taken into consideration as a present day international tool to improve your online presence thru ethical means and assist in garnering nice interest from prospective clients who can be visible as commercial enterprise leads."}
{"_id": "219242", "title": "", "text": "Morgan Stanley was the lead investor and sold off their ownership before the casino had completed construction.  Took a billion dollar loss but it could have been much worse.  Thats a pretty telling sign that when Wall Street wants nothing to do with the project, no other investor should have stepped into the investment."}
{"_id": "219252", "title": "", "text": "The entire concept of publishing most of my life for others to see never appealed to me in the slightest. If I want to hear from you, you have my number. Now that some of the side effects of publishing private information are becoming obvious, there seems to be lots of people surprised. Wtf were you expecting you losers?"}
{"_id": "219253", "title": "", "text": "Windows 8 is not awesome and is losing traction/market share due to this.  Losing market share is not awesome.  Mobile is not competing at all.  Not awesome.  Application specific software that can be modified (Such Libre Office/Etherpad/Blender) to suit business requirements are chipping away at Offices' stranglehold/shackles."}
{"_id": "219256", "title": "", "text": "Sovereign Inn offers several facilities for one and all, from swimming pool to tennis courts, children playground and library are the highlights of this place. Comfort Inn Redleaf Resort in the Blue Mountains offers a chance to everyone to revitalize and reconnect with nature. Contact at: 02-6452-1366."}
{"_id": "219258", "title": "", "text": "Case No. 1: 11-CV-66......The court awarded judgement in favor of Plaintiff against Jay Mulein for the amount of $195,801.05, plus post judgement interest at the max. Rate as allowed by law and costs.The case was filed against Jay Mulein who has robbed money in the name of insurance from people in the district court of Ohio."}
{"_id": "219272", "title": "", "text": "Let's look at the logical extreme. Two people get a house, no money down, 10 year mortgage. One moves out the day after the closing, and the gal left pays the full mortgage. Why in the world would the one who left be entitled to a dime?  You offer no information about the downpayment or amount paid during the time both lived there. That's the data needed to do any math."}
{"_id": "219274", "title": "", "text": "Definitely get a lawyer to write up all the details of the partnership in a formal agreement. If your ex does not want to do this, that is a bad sign. You both need to be clear about expectations and responsibilities in this partnership, and define an exit strategy in the case one of you wants out. This is the most fair to both parties. Generally, what is common is that property is split cleanly when the relationship ends. I would strongly recommend you both work towards a clean split with no joint property ownership. How this looks depends on your unique situation. To address your questions 2 and 3: You have two roles here - tenant and owner.  As a 50% owner, you are running a business with a partner.  That business will have assets (home), income, expenses, and profit. You basically need to run this partnership as a simple business.  All the rent income (your rent and the other tenant's) should go into a separate account. The mortgage and all other housing expenses are then paid from only this account. Any excess is then profit that may be split 50/50. All expenses should be agreed upon by both of you, either by contract or by direct communication. You should see a financial professional to make sure accounting and taxes are set up properly. Under this system, your ex could do work on the house and be paid from the business income. However, they are responsible to you to provide an estimate and scope of work, just like any other contractor. If you as a joint owner agree to his price, he then could be paid out of the business income. This reduces the business cash flow for the year accordingly. You can probably see how this can get very complicated very fast. There is really no right or wrong answer on what both of you decide is fair and best. For the sake of simplicity and the least chance of a disaster, the usual and recommended action is to cleanly split all property. Good Luck!"}
{"_id": "219277", "title": "", "text": "The simple solution here would be to either sell or give the car to your family member.  The answer depends on whether they can afford to buy or you can afford to give.  Transferring ownership gets rid of any of the liability considerations you outline, and also gets it out of your driveway!  It also saves you from having to deal with any relationship issues that could arise if they borrow and something goes wrong (they damage, fail to return, etc).  Your gut is telling you that there could be issues with lending a car to you family member, and i would trust your gut & transfer ownership one way or another."}
{"_id": "219285", "title": "", "text": "I just linked some studies, I didn't want to waste my time to go through everything when you're so brainwashed you'll never agree.  Truth is, you have no studies that say otherwise that are peer reviewed. There isn't much data on it, but here's some more:  there is now a large body of evidence to support the persistence of neurocognitive impairment lasting from hours to weeks. It is important to note that in repeated studies, subjects who reported a marijuana \u201chigh\u201d were most likely or most profoundly affected by the drug. This supports the link between THC concentration and neurocognitive dysfunction. Residual effects, however, continued in subjects who no longer felt the drug's effect. Thus, subjective return to baseline mental status may not ensure full return of neurocognitive function.58   https://www.ncbi.nlm.nih.gov/pubmed/12427880 Considerable research into the functional psychomotor and judgment effects of marijuana smoking has been conducted in the context of transportation safety. Research demonstrates that acute cannabis consumption is associated with an increased risk of a motor vehicle crash, and especially for fatal collisions.59   https://www.ncbi.nlm.nih.gov/pubmed/22323502"}
{"_id": "219302", "title": "", "text": "\"The McDonald's affair was plain and simple petty politics, which Russian politics is full of. Only 4 branches were closed all in center Moscow, including the symbolic 1st and largest in Europe McD. This was a populist (and stupid) move intended to \"\"flip the bird\"\" at \"\"American Imperialism\"\" and \"\"avenge\"\" for their exit from the Crimean penninsual.  Economically speaking McDs hire over 35k people, besides being supplied almost exclusively by domestic (Russian) food manufacturers. Even if Russian unemployment rates are at record low (4.9%), 35k posts being lost overnight, besides suppliers and 3rd party service providers, the impact will be colossal.  &gt;\"\"About time they closed !\"\" - Gladly said 28-year-old Anton, just a few seconds before was trying in vain to open the door of the restaurant - \"\"If due to sanctions, even better then !\"\"  &gt;\"\"Were you not about to go in ?\"\"  &gt;\"\"No! That is - yes ... But just so I could chat with my friends\"\" - Anton embarrassed. And switched to friend:  &gt;\"\"Let's go to KFC\"\"  [Food isn't the most important at McDonald's](http://www.kp.ru/daily/26271/3149400/) - This is a Russian tabloid (Komsamolskiy Pravda) but the idiosyncracy is very plausible.\""}
{"_id": "219303", "title": "", "text": "Help finding casinos that take prepaid credit cards is now easy to find with the advent of this site. It really breaks down the different prepaid options and tells readers which online casinos accept them. This site really saved me time!"}
{"_id": "219313", "title": "", "text": "They raised the minimum wage in my state.  Guess what?  Businesses are closing, especially bars and restaurants.  There are roughly half the number of bars than there were five years ago.  When you make the product too expensive people stop buying.  That is not a difficult concept.  Businesses around here became too expensive.  There are always options, from DIY to going without.  When something becomes too expensive, people stop buying.  This isn't some economic theory, *businesses are actually closimg.*"}
{"_id": "219318", "title": "", "text": "\"I don't think QE \"\"masks\"\" inflation.  The upward wage pressures to create inflation simply aren't there, and for that reason an increase in the monetary base is non-inflationary (as we've seen).  Only during the exit, if the banks flood the economy with their excess reserves, could we see higher-than-moderate inflation\""}
{"_id": "219321", "title": "", "text": "Royal White Marmo - Quality is the main thing of our management. We have succeeded to win the trust and confidence of our clients by providing best quality products. We have achieved magnificent position in the Industry by our quality range of products and client approach. We provide Indian Marble in various sizes, patterns and shapes which can be customized according to the client\u2019s choice. https://www.slideshare.net/royalw/indian-marble-quality-76588890"}
{"_id": "219335", "title": "", "text": "If you throw up a 20 year chart on the 10 year you can see it isn't fluctuating around 2%.  It happens to be at 2% now but it has been relentlessly driving lower for at least 20 years.  My own personal biased opinion is that it is a market infested with ultra-wealthy people who aren't looking for returns.  They just basically want to maintain what they already sucked out of the system."}
{"_id": "219345", "title": "", "text": "How would you compute the earnings for governments that are some of the main issuers of bonds and debt? When governments run deficits they would have a negative earnings ratio that makes the calculation quite hard to evaluate."}
{"_id": "219350", "title": "", "text": "The separation hasn't existed for a long time. I'm not an expert on the subject but it was a gradual process. Money mutual funds invest in repos and even unsecured instruments that fund investment banking activities and that has been around since way before Glass-Steagall was repealed completely. When it morphed into the shadow banking system we know and love today, who knows? What we can be sure of is that retail, insured deposits were being used to fund investment banking decades prior to the 2000 commodity futures modernization act or w/e its called."}
{"_id": "219351", "title": "", "text": "DJClayworth's response is generally correct. You wouldn't have to pay taxes on insurance benefits, since those are in fact bringing you whole to what you've lost. However, in some cases you do need to consider taxes. Specifically, if the insurance payout is higher than your cost basis in the lost property. While you may think that this never happens (why would the insurance company pay more than what it cost you?), it in fact quite frequently does. Specific example would be a car used in your business. If you used your car as part of your business and deducted car depreciation on your tax return - your cost basis was reduced by the depreciation. Getting a full car cost payout form insurance would in fact constitute taxable income to you for the difference between your cost basis (adjusted for the depreciation) and the payout. Another example would be collectibles. Say you bought a car 20 years ago at $5000, you maintained it well during the years (assume you spend another $5000 on repairs), and it is now insured at FMV of $50000. But, alas, it got destroyed by a mountain lion who climbed over the fence and pushed it over a cliff. You got a $50000 payout from your insurance company (because you insured it for full FMV coverage, as a collectible should be insured), of which $40000 will be taxable to you. There may be more specific cases where insurance payouts are (partially) taxable. However, as a general rule, they're not, as long as they're at or below your cost basis level."}
{"_id": "219391", "title": "", "text": "The number of people around the world born into poverty and extreme poverty is decreasing, both in relative and absolute terms, has been for over a hundred years. This is a systematic improvement in the poverty problem we face as humanity as a whole.   If you are a middle class american, which based on your comments I assume you are,  I assume you make more than $50/day per person in your household. That income level puts you above 93% of the world population.   Looking at your usage of 25/50/25 percentile breakdowns, this puts you well into the upper class, and yet you claim to be impoverished.  I don\u2019t say this to imply that life is not difficult or that the system is not rigged, but to put things in context.  I think there is a valid argument to be made here, but you can\u2019t make it by choosing to redefine words that have real world meaning to fit a narrative you want to tell yourself.   As soon as you redefine words for convenience or choose to repeatedly ignore data, you are no longer having a discussion and you are only talking to yourself. If you continue to do this, I will leave you to talk at yourself by yourself."}
{"_id": "219398", "title": "", "text": "Bitcoin can facilitate this, despite the risks associated with using bitcoin exchanges and the price volatility at any given time. The speed of bitcoin can limit your exposure to the bitcoin network to one hour.  Cyprus has a more advanced infrastructure than most countries to support bitcoin transactions, with Neo & Bee opening as a regulated bank/financial entity in Cyprus just two months ago, and ATM/Vending Machines existing for that asset. Anyway, you acquire bitcoin from an individual locally (in exchange for cash) or an exchange that does not require the same level of reporting as a bank account in Cyprus or Russia. No matter how you acquire the bitcoin, you transfer it to the exchange, sell bitcoin on the exchange for your desired currency (USD, EURO, etc), you instruct the exchange to wire the EURO to your cyprus bank account using your cyprus account's SWIFT code. The end.  Depending on the combination of countries involved, the exchange may still encounter similar withdrawal limitations until certain regulatory requirements are resolved.  Also, I'm unsure of the attitude toward bitcoin related answers on this site, so I tried to add a disclaimer about bitcoin's risks at the top, but that doesn't make this answer incorrect."}
{"_id": "219407", "title": "", "text": "I do a lot of sports betting and I\u2019m heavily limited on some sites where I have had good winning streaks. Some of them are as low as $5 per game.  So yeah, the house definitely tilts the table if it benefits them."}
{"_id": "219412", "title": "", "text": "In China, a lot of the manufacturing they're doing by hand could be done by robots. It's just that the cheap labor is more cost-effective than the development and upkeep of manufacturing robots.  If manufacturing does come back to the US, I imagine it will be in heavily automated factories with fewer employees to take care of the processes that would be too expensive to automate."}
{"_id": "219421", "title": "", "text": "No tax consequences to you. Tax consequences to your sister. From your comment: My sister is single, but my wife and I have a son. So we can avail   $14000 x3 = $42000 without the need to report it. The remainder   ($70000-$42000) = $28000 will be reported against the lifetime   exclusion by my sister on her return. Per my understanding, the $28000   is also not subject to any gift tax It is subject to gift tax, and she must submit gift tax return (form 709) to the IRS. On that return she can choose to apply part of the lifetime exemption and reduce the lifetime limit, or pay the tax and keep the lifetime limit. If she applies the exemption, she needs to keep track of it, so that it could be properly applied next time, or when she passes away. The lifetime exemption is in fact intended for the estate tax. But people can chose and apply it to gifts during lifetime and reduce the exemption for estate. This is something of consequence to take into account. Yearly $14K cap is not related to the lifetime exemption and is for gifts per donor per donee. Breaking the gift into several occasions over several years helps reducing the tax burden on the donor without touching the lifetime exclusion and affecting the estate tax. But if you don't have the time..."}
{"_id": "219425", "title": "", "text": "I think it depends on who is being paid for your app.  Do you have a company the is being paid?  Or is it you personally? If you have a company then that income will disappear by offsetting it through expenses to get the software developed. If they are paying you personally then you can probably still get the income to disappear by file home-office expenses. I think either way you need to talk to an accountant. If you don't want to mess with it since the amount of income is small then I would think you can file it as additional income (maybe a 1099)."}
{"_id": "219427", "title": "", "text": "Oral and Maxillofacial Surgery encompasses the diagnosis and treatment of diseases and injuries of the face, mouth, dentition, jaws, and neck, the placement of dental implants, preparation of areas for implants removal of wisdom teeth, other teeth, pathologic and cosmetic problems.  Dr. Eckert works closely with all of his referring doctors in a wide range of specialties to provide comprehensive care to all of his patients."}
{"_id": "219437", "title": "", "text": "I thought about this some more. Going to a top business school can help you network with entrepreneurs who would like to join you in starting your firm.  But remember there is no single path to success in life. Moreover, life is what you make of it with your own hard work."}
{"_id": "219444", "title": "", "text": "Transfer it as International wire, there will be some fees. Check with your Bank in Turkey. Turkey has not yet joined SEPA, else this would have been a low cost alternative."}
{"_id": "219470", "title": "", "text": "TL;DR: The date they were granted.  (Usually, this follows both an offer and acceptance.) It's not uncommon for a new vesting clock to start when there's a new round of funding coming in, because the investors want to make sure the key people are going to be engaged and incentivized going forward from that point.  They don't lower their expectations for how long they want folks engaged based on the person having started earlier.  Non-institutional investors may have the same concerns as institutional investors here and use the same vesting strategy to address them. Primary recognition of the benefits from having had people start earlier or be there longer (so long as it correlates with having gotten more done) is embedded in the valuation (which affects how much founders' shares are diluted in the raise)."}
{"_id": "219472", "title": "", "text": "If you received a distribution to buy, build, or rebuild a first home and the purchase or construction was canceled or delayed, you generally can contribute the amount of the distribution to an IRA within 120 days of the distribution. This contribution is treated as a rollover contribution to the IRA. This is from my friend, Publication 590. See Page 51, next to 'TIP' in second col."}
{"_id": "219474", "title": "", "text": "Well, first and foremost you're out of luck if GameStop hits rough times and stops refunding cash, or files bankruptcy. It's a really, really (REALLY), bad idea to use something other than an FDIC insured bank as a bank. This is a lot of administrative effort on your part when internet banking exists and most of the online checking accounts refund ATM fees.  This idea is also not funny or hilarious, I would call it something but the mods here will just edit it out........"}
{"_id": "219477", "title": "", "text": "Where you can put the money really depends on your risk tolerance. You could take $50k and put it into a good share class municipal and government bond fund that would likely be tax exempt. In a few years span I don't think you're likely to lose much in a tax-managed bond fund but it's certainly possible! Here is a link for Vanguard tax-exempt bond funds by state of residency: https://investor.vanguard.com/mutual-funds/vanguard-mutual-funds-list?assetclass=bond&taxeff=xmpt These funds have returns well exceeding CD's or standard savings accounts. Risk of loss is real, but returns are possible."}
{"_id": "219478", "title": "", "text": "Welcome to TRAVEL GUYS ONLINE. We are the hotel and flight online booking company, which is located in the United Kingdom. We also car rental and adventure tour service in the world from many previous years. We are the best way to you online hotel booking and flight. At our website, you will get the best price deal on million hotel and popular route flight."}
{"_id": "219484", "title": "", "text": "&gt; My small biz SaaSes and JavaScript training courses are featured prominently on my blog sidebar.  Your sidebar is a confusing mix of links to interviews, book reccomendations and a blog roll. I see your products in there (finally) buried deep in some hyperlinked text with no named links.  Where the hell did you go to school for marketing?"}
{"_id": "219496", "title": "", "text": "The President talked about how companies on public lands were not acquiring the oil they were leasing it for at last nights debate. I think it's worth looking into whether the same should be done with idle patents. If you're not using it you lose it."}
{"_id": "219504", "title": "", "text": "\"&gt;I would expect to see more \"\"rent with option to buy/contract for deed\"\" sales when the flipper crowd realizes they need to address the fact that buyers can be found without using banks.  Provided the sellers can afford to \"\"self-finance\"\" the deals, yes.  But the plain fact is that a lot of Boomers are highly leveraged -- they may have their name on the title deed of a McMansion and a couple of vacation homes, but these days they all too often hit retirement with significant mortgages on one or more of those properties -- so the reality is that a lot of them will NOT be able to sell without getting the bank involved (and that number will be sufficient to drive the \"\"at the margin\"\" prices way down, especially in the face of minimal demand).\""}
{"_id": "219505", "title": "", "text": "I have changed my regular holiday plans and we (6 of us) no longer vacation annually in the US - all because of the intrusive and rude TSA agents/checks ...and the queues to get through security...  It is much easier to go somewhere more relaxed and enjoy more holiday time."}
{"_id": "219519", "title": "", "text": "So govt deficit spending = gdp.  Which means federal Govt deficit spending is crucial for gdp.  With such high unemployment and underemployment, US govt is not deficit spending enough money into the economy.  Need to do more deficit spending.  Govt trickle down economics works.  Unlike the other form."}
{"_id": "219526", "title": "", "text": "1.  Businesses are amoral - this is the foundation of capitalism.   2.  I'm only exploring the idea that the government could possibly perform the audits, not outright supporting it.  In practice, the inefficiency probably outweighs any added objectivity. 3.  I am smart enough not to advertise these views while working in the finance industry.  I would be incentivized to simply go-along with the crowd.  Still doesn't mean I'm wrong though.  Edit: amoral \u2260 immoral by the way"}
{"_id": "219534", "title": "", "text": "Absolutely do research on the company and come with questions. Make sure you send followup thank you emails as soon as possible after your interviews. You have a short interview (two hours is nothing) so unless you interview is with a group of people you will likely have a few to write. Make each thank you individualized. Remember key points from those people and reiterate positive parts of the interview or special things that came up that make you stand out. If you don't have all of the email addresses ask the recruiter or HR contact for them or to pass on your thank you messages. Take two copies of your resume with you, a notebook and pen. Good luck!"}
{"_id": "219536", "title": "", "text": "Two principles in comparing different scenarios:  1) keep the two scenarios as equal as possible in amount and timing of payments;  and 2) find the financial comparison at one particular point. So, your car loan, $10,000 for 35 months at 8% compounded monthly means you're paying $321.29 Suppose you make the switch and keep on paying the same, mortgage and $321.29 for the 35 months (see 1, above) Those extra payments, continued for 35 months at your mortgage rate of 5.59%, will pay off a mortgage of $10,354.10, which will more than pay off the $10,000 you added to the mortgage  In other words, making the switch will benefit you to the tune of 354.10 as of the day of the switch.  You could ask the mortgage company to give you the $10,000 and the $354.10, and all your payments and amortization would stay the same... (see 2 above) Of course, this is pretty much what Joe Taxpayer said..."}
{"_id": "219541", "title": "", "text": "True Financial is a market leader in providing fast, efficient and fair title loans . True financial is a Californian based unique title lending company. Our customers like our easy to use process and find it fast and easy, which is why they keep returning to us. Our customer service team is experience and well trained and understand exactly what is required to get you your cash today."}
{"_id": "219550", "title": "", "text": "I've grown up and lived in California almost my whole life. I pay taxes.   Our system is horribly corrupt and built to empower big property owners. Young couples tend to pay many times higher taxes than older people who are living in comparable homes. Proposition 13 was pushed through by landlord associations. If we did away with it an replace it with a fair and equitable system we could solve many of our funding problems."}
{"_id": "219563", "title": "", "text": "I'm normally not a fan of partitioning investment money into buckets but your case may be the clearest case for it I've seen in awhile.  Your income and saving is good and you have two clearly defined goals of retirement saving and saving for a house each with very different time frames ~30 years and 3-5 years respectively. For medium term money, like saving for a house, just building up cash is not actually a bad idea. This minimizes the chance that a market crash will happen at the same time you need to withdraw the money.  However, given you have the means to take more risk a generally smarter scheme would be to invest much of the money in a broad liquid bond funds with a somewhat lower percentage in stocks and then reduce the amount of stock each year as you get closer even moving some into cash.  This gives reasonable positive expected return while lowering the risk of having to sell during a crisis as the time to purchase gets shorter and shorter. The retirement money should be invested for the long term as usual.  A majority in low-fee index stock funds/etfs is the standard advice for good reason."}
{"_id": "219569", "title": "", "text": "omg yes homie yes - please keep going. this is awesome, except for that there's written evidence of my being bothered enough to respond to you  my clients really hate the financial planning and appropriate RAR i afford them; you nailed it!  tell me of other financial concepts you wholly understand. i'm very intimidated by your educated opinions and incredible depths of financial knowledge!"}
{"_id": "219571", "title": "", "text": "Yup these professors were amazed that in their and their parents life times how economies had shifted so that such a small percentage of the world farmed/were involved directly with food production.  But that a drought for instance could be felt throughout economies for a while.  (that said with globalization certainly richer countries wouldn't feel the effects to the same degree)"}
{"_id": "219586", "title": "", "text": "I've come around on that, as many in IT grow beyond their formal degree. Also, at least from my experience with DataSec in a corporate environment, it's usually making sure everyone is either performing required remediations or documenting why said remediation can't be performed (business risk). The hard work is performed by the application and infrastructure technology owners who have to review the fix and plan how to patch it in as gentle / not disruptive way as possible. The higher up exert the enforcement of the policies and making sure the underlings stay on top of the reported findings."}
{"_id": "219591", "title": "", "text": "Dude, this sounds like something the company didn't want people to know for the time being. For instance my dad worked at OfficeMax and when they were considering their merger with Office Depot I wasn't supposed to talk about it outside the family. If I were you I'd take this down."}
{"_id": "219593", "title": "", "text": "Brandon Brice earned a Bachelor's in Business Administration from Howard University, a Master\u2019s of Science in International Affairs from Rutgers University and is currently completing his Executive Master's in Public Administration from Columbia University. Brandon has interned on Capitol Hill in the Office of former United States House Speaker"}
{"_id": "219604", "title": "", "text": "\"I think the risk involved with the \"\"fund gaining a larger rate of return\"\" is probably priced in. Why would the bank take the risk on you with a car loan when it could put it in the same fund you're talking about and make more money?\""}
{"_id": "219606", "title": "", "text": "No matter what kind of contract you create for your partnership it will cost money to enforce it. Breaking the law is, well, against the law to begin with. You don't need to get a signed contract promising that they won't break the law. You could possibly get them to sign something that states if the contract is breached or laws are broken by one party, they forfeit their shares in the venture, but again you'll have to prove it and lawyers cost money. if the venture is paying you both then he/she will have the same capitol for legal defense.   In some cases you can propose a trial period in partnerships. You can try doing business as separate entities for 1-2 years after which you can merge. After two years working together there should be some trust built up. If not, you shouldn't do business with this person anyway.   Just my two cents. To be clear, I'm not a lawyer. You should probably ask a lawyer about this, actually."}
{"_id": "219613", "title": "", "text": "\"This is not really the focus of your question, but it's worth noting that if you live in the United States (which your profile says you do), there are tax implications for you (but not for your children), depending on whether or not you charge your children (enough) interest.  If you charge less interest than the appropriate Applicable Federal Rate (for May 2016, at least 0.67%), you must pay taxes on the interest payments you would have received from the debtor if you had charged the AFR, provided that the loan is for $10,001 or more (p. 7). This is referred to as \"\"imputed\"\" income.\""}
{"_id": "219618", "title": "", "text": "Electrochemical cells and fuel cells require electrodes that permit the transverse flow of fluids while maximizing the effective surface area of a given occupied volume. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "219623", "title": "", "text": "Hey mate, You haven't shared enough details for me to be more specific, but what you might want to do is pretty simple. Fact is that 80% of all financial models are the same. The only thing that is different is the revenue forecasts. Only v few people have the 80% done already ;)  If you say service business and mean you are basically a consultancy, this is pretty simple. - Rev - forecasts # clients per month. What is ave rev per client? (Guess what is reasonable... call someone who has done before and buy coffee- mind rape them for data points!!!!) Times the two. That's your rev. Get fancy and you can differentiate to when you book and bill revenue etc. - Staff - what is the contribution of staff per projects. You could say 40% of a dev per client and 20% of a designer. Times the staff contribution with a roundup function (you can't employ 40% of a person) against the # of projects. That tells you staff requirement depending on projects you get. You need to know the average project lengh though. You can hack this but the formulas to automate are not simple (I did this for the enterprise sales model i made) - Expenses - you have rent, utilities, server costs etc. You have fixed and variable. So say 400 pm per person. so times the variable by the # staff. Add the fixed base and you have the expenses. - Marketing - where do customers come from? If you are doing direct sales as founder, then simple. It's just your salary cost. You can make more complicated as you get bigger. - P&amp;L - you pull all this shizzle into a rev, less costs = profit...loss.  Your staff costs are what will kill you. Well, if you close enough deals who cares ;)  It's taken me years to be proficient at this. I knew nothing when I started. You can learn it just takes time. Having resources to rip off is a good place to start. Check out this for saas- all the terms may be too much for you, but you can understand the logic: https://www.saastr.com/saas-financial-plan-2-0-from-christoph-janz/ David teten got an intern to make a model for him. It has a lot of the building blocks you want but is super ugly: teten.com/assets/docs/Startup-Financial-Model.xls  I actually make templates for serious founders raising money. I made a lengthy video on each sheet of one of them for SaaS. Tots free. Watch them and you will understand all the logic of what a serious model is involved with. You can check the screen shots of all my models to see the line items. They're on my site anyway. if you're a founder there is a tonne of other free stuff.  Video are here for you: https://www.alexanderjarvis.com/2017/08/20/training-videos-sme-consumer-saas-fundraising-model/  Btw, if you'd love some basic bitch videos on how to model basics, I'm happy to make some. Can screen record me making something from scratch a few times. Just give me specific title ideas and happy to bust some out.   Oh. I also made a free excel training course. There's like 25 free classes with an excel you have to fill in to test if you learn the formula.  You can get them here: https://www.alexanderjarvis.com/products/excel-training/ Just register and the excel class is sent to you every day  I'm all about helping founders. If your broke AF send me a message and happy to try help you out. If you're looking for something super basic (which is better than what you'll make anyway) I can prob bust something simple in 20mins as a favor to the community."}
{"_id": "219629", "title": "", "text": "\"&gt;The rule of law over rule of might is what made modern industry and business possible.  I agree, and so did the US congress and President in 1935 when it [wrote the right to collective bargaining into law](http://en.wikipedia.org/wiki/National_Labor_Relations_Act)    And really, who do you consider to be the \"\"mighty\"\" on this issue? Some workers at a couple Wal-Marts or senior management with their lawyers and money?\""}
{"_id": "219641", "title": "", "text": "The problem with the vintage motorcycle is that the spare parts can be tough to come by because the manufacturing companies will have stopped their manufacturing. But Geloman's Indian Spares opened doors for people, who are willing to buy the old Indian motorcycle spares parts online. Any time you purchase an old motorcycle, you should be willing to put in the effort to care for the motorcycle. Although, it is important that you check the authenticity of the online websites before making a purchase."}
{"_id": "219648", "title": "", "text": "Night or day, weekday or weekend, car crashes happen on Florida\u2019s highways. If you happen to have been involved in one, you know that it can be a traumatic experience, causing not only vehicular damage but physical injuries as well. In the aftermath, your mind will probably be on a tailspin and you might have a lot of questions about how to proceed."}
{"_id": "219661", "title": "", "text": "Do you know how many people end up with an 18-21% rate on their credit card?  They started off with low teaser rates.  There was an article about it recently on Yahoo.  Mainly this comes from a lack of discipline, or an unforeseen emergency.  However, lets assume, that you are a bit uncommon and have iron discipline. It comes down to a math question.  What is the rate on your student loan?  I am going to assume 6%, and lets say that you are now paying interest.  So there is 7 months between now an then, you would pay $140 (4000 * .06/12 * 7) in interest if you left it on the student loan. Typically there is not really a free lunch with the zero percent interest rate CC.  They often charge a 3% balance transfer fee, so you would pay that on the entire amount, about $120.   Is it worth the $20?  I would say not.   However, those simple calculations are not really correct.  Since you would have to pay the CC $588.6/month to take care of this, you have to shrink the balance on the student loan to do a true apples to apples comparison.   So doing a little loan amortization, you can retire $4000 on the student loan only paying $583/month, and paying a total of $80.40 in interest. So it would cost you money to do what you are suggesting if there is a 3% transfer fee.   Even if there is no transfer fee, you only save about $80 in interest.   If it was me, I would direct my energy in other areas, like trying to bring in more money to make this student loan go away ASAP. Oh and GO STEELERS!"}
{"_id": "219665", "title": "", "text": "I had a modest car loan with Chase.  I always felt like they were trying to fuck me over.  They charged for electronic payments, would mail the payment coupon (the bill) less than two weeks before it was due each month, the payment schedule seemed to wander, etc.  I was constantly stressing that I was going to miss a payment and incur a large late fee.  This was on just a small car loan.  I've heard they've gotten better (electric payments don't cost extra anymore) but it definitely made me feel very adversarial with banks."}
{"_id": "219673", "title": "", "text": "Of course you can. My assumption is you are/will be in UK. I am a student from outside the UK and I am about to start studying at a   UK university/college/school. How do I choose which bank is best for me? You should be able to open a \u2018basic bank account\u2019 with a number of different banks. A \u2018basic bank account\u2019 provides easy access to banking facilities for adults in the UK. Additionally, some banks offer a bank account tailored specifically for your needs as an international student. There is a table on pages 6 & 7 of this leaflet that has a list of basic accounts and other accounts that may be suitable along with brief descriptions of some of their features.   Most banks don\u2019t ask you to pay in any money to open a basic account. You should look around to see which bank and account suit you best and then visit the local branch of the bank you have chosen. You may also be able to get other types of account, as detailed in the next section. Please speak to a bank Go through the source I have linked. It is a bit old, but has relevant information for you.  SOURCE"}
{"_id": "219685", "title": "", "text": "The further north the better as Amazon is too cheap to install air conditioning for their workers apparently.  Just put an ambulance outside for any collapsed office worker affected by heat-stroke.   https://en.wikipedia.org/wiki/Amazon.com_controversies#Warehouse_conditions  It seems that installing air conditioning hurt their profits.  Hey Amazon, if you are planning to replace all retail with warehouses, try to do a cost benefit analysis before you do it, dipshits."}
{"_id": "219691", "title": "", "text": "\"I currently have the twenties in 6 rolls of 5 I don't know what \"\"roll\"\" means to you (perhaps it's another word for grouping).  I think of it as money rolled into a circular shape.  Do not do that.  Place all the money flat and together.  Possibly hand them the hundred and twenties separately if you want to emphasize that.   An envelope with the amount on it is a good idea.  Flat, not folded, not rolled, not separated by paperclips or rubber bands.  A simple pile of money is best.  Folding the money once to put in your pocket is fine but unfold it to hand it to the teller.   The reason for flat money is that it will most easily go through the money counters.  Rolling makes the money curved and increases the chance of a jam.   And I apologize if that was just a turn of phrase.  But I can easily envision some poor teller sighing with exasperation on being handed rolled money that then needs to be flattened to go through the machine.  Particularly if the person handing it over grouped it that way in an attempt to be helpful.\""}
{"_id": "219722", "title": "", "text": "\"No, it doesn't drive me insane at all but I do agree that 'ravaged corporate America' is a bit hyperbolic. I am well versed in all things financial and I find most of these financial moves, although legal, quite reprehensible. In terms of \"\"finance experts\"\", which he has proclaimed himself not to be, I would suggest Matt Taibbi as a good read.   http://www.rollingstone.com/politics/blogs/taibblog/what-s-fact-and-what-s-opinion-in-the-discussion-about-bain-and-mitt-romney-20120905\""}
{"_id": "219758", "title": "", "text": "I agree. Small investors got screwed worse with manually traded shares. Electronic trading was a big part of why fees for trades have come down so much over the years. HFT acts as a tax on small traders, but it is fairly insignificant.  This isn't to say that HFT isn't a problem. Systems that cause flash crashes with no one understanding why, isn't good for the market. A small fee is a small change that could provide a solution to the problem."}
{"_id": "219762", "title": "", "text": "In the US, it is perfectly legal to execute what you've described. However, since you seem to be bullish on the stock, why sell? How do you KNOW the price will continue downwards? Aside from the philosophical reasoning, there can be significant downside to selling shares when you're expecting to repurchase them in the near future, i.e. you will lose your cost basis date which determines whether or not your trade is short-term (less than 1 year) or long-term. This cost basis term will begin anew once you repurchase the shares. IF you are trying to tax harvest and match against some short-term gains, tax loss harvesting prior to long-term treatment may be suitable. Otherwise, reexamine your reasoning and reconsider the sale at all, since you are bullish. Remember: if you could pick where stock prices are headed in the short term with any degree of certainty you are literally one of a kind on this planet ;-).  In addition, do remember that in a tax deferred account (e.g. IRA) the term of your trade is typically meaningless but your philosophical reasoning for selling should still be examined."}
{"_id": "219801", "title": "", "text": "I watched the video, it is really very basic, but it does back up my assertion. The banks have a gain because they are the money creators, they don't see a gain from the Cantillion Effect because they are lending money and not buying goods (unless we're talking about investment banking, which we are not). The other people it listed in the pyramid are the ones who gain."}
{"_id": "219802", "title": "", "text": "\"&gt; One man interviewed by Salon is making $8.90 after three years at Walmart. Other complaints include dirty working conditions and inadequate access to healthcare.   IANAL but I wouldn't think any of those would be sufficient cause to be \"\"protected\"\".\""}
{"_id": "219811", "title": "", "text": "Pengobatan Penyakit Hepatitis B \u00bb Untuk anda yang sedang mengalami penyakit hepatitis b, tidak usah cemas. Kami disini akan memberikan solusi terbaiknya kepada anda, Hepatsure Capsule kini telah menjadi obat paling mujarab dalam menyembuhkan berbagai masalah penyakit hati. Sebelum kami memberikan penjelasan mengenai khasiat dari Hepatsure Capsule, alangkah baiknya jika anda mengenali terlebih dahulu mengenai penyakit hepatitis b."}
{"_id": "219828", "title": "", "text": "This is such an annoying alarmist article. With the Whole Foods acquisition Amazon makes up like 1.4% of the grocery market. This article is talking in greater terms but I don't see the threat. Certainly not enough of a threat to justify this click-baity title. Everyone calm down."}
{"_id": "219833", "title": "", "text": "You're saying I can substitute my 2-week for dailies and wear the dailies for a month?  That would be 5-10x cheaper (i buy from visiondirect) depending on if i decide to use the dailies for 2 weeks or 4 weeks (a month).    Why haven't I heard of this?  Is there any reputable source that can confirm that dailies are built exactly the same as monthly contacts?  [EDIT] Nevermind:  found your post at:   http://www.reddit.com/r/Frugal/comments/2ca9c3/minimum_pricing_on_contact_lenses_under/"}
{"_id": "219841", "title": "", "text": "\"Bad employees are a risk when they are not easily replaceable or have great responsibility, neither of which apply to Subway. I am aware of the multiplier effect, but there must be a corresponding value added to the economy, otherwise you artificially inflate prices and no one is better off. Caring for good employees and their well being is not the same as giving everyone a blanket \"\"living wage\"\" which could be honestly anything, depending on the standard of living used as an index.\""}
{"_id": "219846", "title": "", "text": "\"It's very straightforward for an honest vendor to refund the charge, and the transaction only costs him a few pennies at most.  If you initiate a chargeback, the merchant is immediately charged an irreversible fee of about $20 simply as an administrative fee.  He'll also have to refund the charge if it's reversed.  To an honest merchant who would've happily refunded you, it's unfair and hurtful.  In any case, now that he's out-of-pocket on the administrative fee, his best bet is to fight the chargeback - since he's already paid for the privilege to fight. Also, a chargeback is a \"\"strike\"\" against the merchant.  If his chargeback rate is higher than the norm in his industry, they may raise his fees, or ban him entirely from taking Visa/MC.  For a small merchant doing a small volume, a single chargeback can have an impact on his overall chargeback rate.  The \"\"threshold of proof\"\" for a chargeback varies by patterns of fraud and the merchant's ability to recover.  If you bought something readily fungible to cash - like a gift card, casino chips, concert tickets etc., forget it.  Likewise if  you already extracted the value (last month's Netflix bill).  Credit card chargeback only withdraws a payment method.  Your bill is still due and payable. The merchant is within his rights to \"\"dun\"\" you for payment and send you to collections or court.  Most merchants don't bother, because they know it'll be a fight, an unpleasant distraction and bad for business.  But they'd be within their rights.  Working with the merchant to settle the matter is a final resolution.\""}
{"_id": "219883", "title": "", "text": "\"Matt Levine's first point here is very interesting as a lens for understanding why so many large hedge funds seem to have difficulty beating the market, while the ones that do tend to be either smaller operations or more independent groups within the giants.  If you look at the best firms in the world, like RenTec or TGS, you see a trend where they typically stop taking in outside capital and effectively convert to family offices (at least for the most profitable strategies). Levine's point here is particularly applicable to RenTec; it has famously incredible returns via Medallion, but not so much the other funds. Unsurprisingly, the Medallion fund is entirely employee and owner capital.  As extremely profitable strategies scale up to their capacity constraints, fund managers naturally decide to pool greater amounts of their own capital into the firm. Therefore, \"\"skin in the game\"\" is not only effective as an intuitive heuristic for skill (\"\"this manager believes in the fund enough to put most of their personal net worth into it\"\"), but it's also practically effective for showing how likely the firm is to perform based on how much you're able to participate.  As the percentage of \"\"skin in the game\"\" increases, the likelihood of outside investors being able to participate decreases, because the fund managers know they no longer need to share risk, and don't want to waste allocations on the way to capacity constraints. If a firm is soliciting capital, it's highly suspect, and managers who go on to become the next Jim Simons or Seth Klarman will mostly be \"\"on the market\"\" for relatively short periods of time.\""}
{"_id": "219888", "title": "", "text": "Examining what\u2019s behind the slide in used car prices, which are the foundation for an industry facing unprecedented challenges on the technology front, while sub prime delinquencies reach levels last seen in the great recession. With the help of industry analyst Daniel Ruiz and credit strategist Michael Lewitt, Grant Williams digs deep into the auto sector to see what the future holds and the likely impact for the US economy."}
{"_id": "219907", "title": "", "text": "I'll respect the mod's suggestion. I'd answer with a warning. The concept of 401(k) pretax saving is to save at a high rate, while working, and withdraw at a lower rate. An annual expense pushing 1% or higher is likely to negate the benefit of the account over time.  If your employer offers the Roth 401(k), I'd suggest using that for your deposits, and only up to the match. Then invest outside the 401(k). In the 25% bracket, it's good to have a mix of both pre and post tax retirement money."}
{"_id": "219910", "title": "", "text": "I was active in Prosper when it started up. It was very easy to get attracted to the high risk loans with big interest rates and I lost about 14% after all my loans ran their course. (There's 10 still active, but it won't change the figure by much). Prosper has wider standards than Lending club, so more borrowers with worse credit scores could ask for loans. Lenders could also set interest rates far lower, so they could end up having loans with rates lower than the risk implied.  This was set up with the idea of a free market where anyone could ask to borrow and anyone could loan money at whatever interest rate they wanted,  It turns out a lot of lenders were not as smart as they thought they were. (Aside: it's funny how people will clamor for a free market, but when they lose money will suddenly be against the free market they said they wanted, this seems to apply to both individual p2p lenders up to massive multinational banks.).  Since then Prosper has tightened their standards on who can borrow and the interest rates are now fixed. So I expect going forward it will be less easy to lose a bunch of money.  The key is that one bad loan will erase the return of many good ones. So it's best to examine the loans carefully and stick with the high quality.  Simplified Example If you have 10 1 yr loans of $100 each paying 10% interest/year, you get 10% return at the end of the year, so $100 (10% of $1000.). BUT if one loan goes bad at the start, you have lost money. So a 90% success rate in picking borrowers leads to a loss. You want to diversity over quite a few loans and you want to fund quality loans.  I think really enjoyed investing through Prosper, because it gave me an insight into lending and loss ratios that I had not had before. It also caused me to look at the banks with even more incredulity when the case of the no-doc loans and neg-am loans came to light."}
{"_id": "219927", "title": "", "text": "You have only sold 200 shares for $4.75 from those bought for $3.15. So your profit on those 200 shares is $1.60 per share or $320 or 51%. From that you have 110 shares left that cost you $3.15 and 277 shares that cost you $3.54. So the total cost of your remaining shares is $1,327.08 (110 x $3.15 + 277 x $3.54). So your remaining shares have a average cost of $3.429 per share ($1,327.08/387). We don't know what the current share price is as you haven't provided it, nor do we know what the company is, so lets say that the current price is $5 (or that you sell the remaining 387 shares for $5 per share). Then the profit on these 387 shares would be $1.571 per share or $607.92 or 46%. Your total profit would then be $320 + $ 607.92 = $927.92 or 47% (note that this profit neglects any brokerage or other fees, as you have not provided any). Edit due to new info. provided in question With the current share price at $6.06 then the profit on these 387 shares would be $2.631 per share or $1018.20 or 77%. Your total profit would then be $320 + $1018.20 = $1338.20 or 75% (note that this profit neglects any brokerage or other fees, as you have not provided any)."}
{"_id": "219934", "title": "", "text": "I would not take this personal loan. Let's look closer at your options. Currently, you are paying $1100 a month in rent, and you have all the money saved up that you need to be able to pay cash for school.  That's a good position to be in. You are proposing to take out a loan and buy an apartment.  Between your new mortgage and your new personal loan payment, you'll be paying $1500 a month, and that is before you pay for the extra expenses involved in owning, such as property taxes, insurance, etc.  Yes, you'll be gaining some equity in an apartment, but in the short term over the next two years, you'll be spending more money, and in the first two years of a 30 year mortgage, almost all of your payment is interest anyway.  In two years from now, you'll have a master's degree and hopefully be able to make more income.  Will you want to get a new job?  Will you be moving to a new city?  Maybe, maybe not.  By refraining from purchasing the apartment now, you are able to save up more cash over the next two years and you won't have an apartment tying you down.  With the money you save by not taking the personal loan, you'll have enough cash for a down payment for an apartment wherever your new master's degree takes you."}
{"_id": "219935", "title": "", "text": "checkers should be paid by item quantity/rate they scan.  Many o time have seen chatty checkers with a few in their line while the person next to them has moved 3 times the good quantity across the scanner.  I also loathe check writers, they wait till the last minute, then ask the price again a few times and I swear use calligraphy to fill out the check - taking more time."}
{"_id": "219940", "title": "", "text": "All this speculation and no one really has the right idea what's going on. It has almost nothing to do with VAT and nothing to do compliance. [It has everything to do with a very a chronically weak Euro.](https://www.google.com/finance?client=safari&amp;rls=en&amp;q=eur&amp;oe=UTF-8&amp;um=1&amp;ie=UTF-8&amp;sa=N&amp;tab=we)  Apps in the App Store are tied to tiers. My app sells at tier 10. For USD, this means I sell my app for $10 and make $7 after their cut.  Tier 10 used to translate to 7,99\u20ac. Now it's 8,99\u20ac. This means before the hike I, as an American, would get 4,79\u20ac or $6.19 after the exchange.   This wasn't a problem back when the app store opened. The economy was relatively strong and the Euro stood around 1.5 to one American dollar. This means in 2008 I'd get about the same $7 after the conversion. With the Euro crisis, the tiers remained the same which meant each European sale only netted around $5.75, a $1.25 discount for each European.  The Euro conversion was a long standing issue and the price hike restores the exchange back to the $7 dollars it used to be."}
{"_id": "219945", "title": "", "text": "\"I work with a company that American Airlines hires to fulfill work for them.    This week they flew one of my co-workers out to Texas for a week long barbecue.  He said he is going to \"\"promote the relationship.\"\"  They flew several other people from my company out, as well as masses of their own employees and people from other companies.    Yet they declared bankruptcy and cost my company 5 million (the open  revenue waiting for payment.)      Edit: American Airlines\""}
{"_id": "219946", "title": "", "text": "This is bad advice OP. You get more bang for your buck with a PC and the shortcuts (which is what matters the most in excel) will be the same no matter what PC you use. Yes you can partition the drive and dual boot but that's a massive pain in the ass and the key board shortcuts are totally different. I know that doesn't sound like much but trying to relearn shortcuts is a massive pain in the ass."}
{"_id": "219949", "title": "", "text": "Funny, Uber actually does cash in countries like Vietnam.   It's called COD - Cash on Delivery - and you pick when you are booking the ride if you are doing COD so the driver knows when their ride is a COD ride vs when their ride is a credit card ride."}
{"_id": "219961", "title": "", "text": "Sorry, but obeying the law is ethical.   You're silly symbols are wrong... you probably meant:      legal  !=  ethical  Here is a thought experiment for you:  So the speed limit is 60 Mph.  You drive 15 Mph in that area, that is ethical driving, because there is no law governing the minimum rate of speed.  It's like that... You might be an asshole for driving too slow, but you're not breaking the law. Tax is like that..."}
{"_id": "219977", "title": "", "text": "\"Markets are amoral. If you don't buy stock in a company that has high growth/earnings, someone else will. By abstaining you will actually make it cheaper for someone else who is interested in making money.  Investing in \"\"socially responsible\"\" funds will only ensure that you have less money to make a moral difference in the world when you decide to transition from working to philanthropy. Edit to clarify -- You aren't interested in buying individual stocks directly, that leaves you with two general options: You can make a statement with your investment now, or you can take the better returns and make a difference with your money later.\""}
{"_id": "219988", "title": "", "text": "The article is so wrong. Steam powered plants weren't necessary dark and dirty, when the power was transferred from outside.    After the steam engine, petrol engines took over, because they were cheaper and could replace a steam engine without reorganizing production.   The usage of electricity  needs trust into the vendor. Electricity in the beginning had no isolated cables. Wires were mounted on the wall and hold by ceramic isolators, which wasn't very good for production.   Even with the availability of electric motors, planning a single step of a production process is expensive. At that time it was often cheaper not to follow up the newest technologies.   And Ford didn't automate much, but organized labor much more efficient, which resulted into a massive exhaustion of workers."}
{"_id": "219990", "title": "", "text": "CC always (applies only if you pay your balance in full). First you rack up points on your card, second if there is an unauthorized pull a Cc will help you a bank may or may not. As a general advice don't hand out your banking information like a credit card number. Now paying bills through the bank is a different matter.  This advice applies to companies that would like to pull money from bank accounts.  Never do that if Cc is an alternative."}
{"_id": "219995", "title": "", "text": "Don't try individual stocks. If you have a job, any job, even one from mowing lawns, you can open a Roth IRA. If you are under 18 you will need your parents/guardian to setting up the account. You can put the an amount equal to your earned income into the Roth IRA, up to the annual maximum of $5500. There are advantages to a Roth IRA:  What happens if you are using your income to pay for your car, insurance, etc? You can get the money from your parents, grandparents. The only rule is that you can't invest more than you have earned. Act before Tax day (April 15th). You know what you made last year. If you open the account and make the contribution before April 15th it can count for last year, as long as you are clear with the broker/bank when you make the deposit."}
{"_id": "219996", "title": "", "text": "If it were possible to take a loan out for a SIPP investment in the future .. I would suggest having an equivalent invested amount already in an ISA .. simply to cover you in the event of a job loss including additional cash in a deposit account. Secondly .. to increase your chances of success with this strategy I would also suggest doing this when the odds are more in your favour during the bottoming out cycle of a market crash. Thirdly .. it depends on how knowledgeable you are about investment , I would suggest being invested globally & in many different sectors to take advantage of various price movements."}
{"_id": "220000", "title": "", "text": "Well a huge difference in drugs compared to all those other industries is health regulation. Standards for new medicines are typically extremely higher compared to other industries. For example, when proposing a new drug, only 10% of them actually make it to market."}
{"_id": "220009", "title": "", "text": "This article makes a bunch of big and unsubstantiated claims such as:  1. An individual's desire for larger smartphone screen size is correlated with absence of other computing devices.   2. The number of computing devices an individual owns is correlated to the continent on which he lives. (E.g. North Americans own many computing devices while Asians own few).   3. While apple was originally focused on the North American market, it is now shifting focus to other continents.   All of these claims are interesting, but dubious and unsubstantiated."}
{"_id": "220022", "title": "", "text": "It makes no difference for tax purposes. If you are 1099, you will pay the same amount of taxes as if you formed a corporation and then paid yourself (essentially you are doing this as a 1099 contractor, just not formally). Legally, I don't know the answer.  I would assume you have some legal protections by forming an LLC but practically I think this won't make any difference if you get sued."}
{"_id": "220023", "title": "", "text": "biggest houses, the biggest cars, the biggest incomes... that doesn't matter when most people are below the poverty line because of corporate greed and collusion in government. Give traveling a try, seeing something outside of 'murica might help your shit perspective."}
{"_id": "220025", "title": "", "text": "Since you have the balance at equal periods and the cash flows at the period ends, the best return calculation in this case is the true time-weighted return. See http://en.wikipedia.org/wiki/Time-weighted_return#Formulae  So, notwithstanding some ambiguity about your figures, here is a calculation using the first three periods from your second table. Giving a total return over the three periods of -23.88% If the periods are months, multiply by four to annualise."}
{"_id": "220031", "title": "", "text": "I think he means that if he liquidated his shares of Amazon, the stock would fall. Depending on how much he actually owns, which I have no idea, it could cause the stock price to plummet.  In a more extreme scenario, a person that owns 40% of a company cannot liquidate their shares without the stock falling to ridiculously low levels."}
{"_id": "220032", "title": "", "text": "So My question is. Is my credit score going to be hit?  Yes it will affect your credit.  Not as much as missing payments on the debt, which remains even if the credit line is closed, and not as much as missing payments on other bills...   If so what can I do about it?  Not very much.  Nothing worth the time it would take.  Like you mentioned, reopening the account or opening another would likely require a credit check and the inquiry will add another negative factor.   In this situation, consider the impact on your credit as fact and the best way to correct it is to move forward and pay all your bills on time.  This is the number one key to improving credit score.   So, right now, the key task is finding a new job. This will enable you to make all payments on time.  If you pay on time and do not overspend, your credit score will be fine. Can I contact the creditors to appeal the decision and get them to not affect my score at the very least? I know they won't restore the account without another credit check). Is there anything that can be done directly with the credit score companies? Depending on how they characterize the closing of the account, it may be mostly a neutral event that has a negative impact than a negative event.  By negative events, I'm referring to bankruptcy, charge offs, and collections.  So the best way to recover is to keep credit utilization below 30% and pay all your bills and debt payments on time. (You seem to be asking how to replace this line of credit to help you through your unemployment.) As for the missing credit line and your current finances, you have to find a way forward.  Opening new credit account while you're not employed is going to be very difficult, if not impossible.  You might find yourself in a situation where you need to take whatever part time gig you can find in order to make ends meet until your job search is complete.  Grocery store, fast food, wait staff, delivery driver, etc. And once you get past this period of unemployment, you'll need to catch up on all bills, then you'll want to build your emergency fund.  You don't mention one, but eating, paying rent/mortgage, keeping current on bills, and paying debt payments are the reasons behind the emergency fund, and the reason you need it in a liquid account.   Source:  I'm a veteran of decades of bad choices when it comes to money, of being unemployed for periods of time, of overusing credit cards, and generally being irresponsible with my income and savings.  I've done all those things and am now paying the price.  In order to rebuild my credit, and provide for my retirement, I'm having to work very hard to save.  My focus being financial health, not credit score, I've brought my bottom line from approximately 25k in the red up to about 5k in the red.  The first step was getting my payments under control.   I have also been watching my credit score.  Two years of on time mortgage payments, gradual growth of score.  Paid off student loans, uptick in score.  Opened new credit card with 0% intro rate to consolidate a couple of store line of credit accounts.  Transferred those balances.  Big uptick.  Next month when utilization on that card hits 90%, downtick that took back a year's worth of gains.  However, financially, I'm not losing 50-100 a month to interest. TLDR; At certain times, you have to ignore the credit score and focus on the important things.  This is one of those times for you.  Find a job.  Get back on your feet.  Then look into living debt free, or working to achieve financial independence."}
{"_id": "220060", "title": "", "text": "A worker between ages 50 and 61 who has been unemployed for 17 months has only about a 9 percent chance of finding a new job in the next three months. A worker who is 62 or older and in the same situation has only about a 6 percent chance. As unemployment increases in duration, these slim chances drop steadily."}
{"_id": "220063", "title": "", "text": "\"If you are talking about a home office, you don't \"\"charge\"\" the business anything. If the area is used exclusively as an office you pro-rate by square footage just the actual expenses.  TurboTax recent published an article \"\"Can I Take the Home Office Deduction?\"\" which is a must read if you don't understand the process. (Note: I authored said article.)\""}
{"_id": "220072", "title": "", "text": "\"I suggest that you think in terms of \"\"financial independence\"\" rather than retirement. You do not need to retire in the stereotypical sense of playing golf and moving to Florida.  If you reach a point where your \"\"day job\"\" does not need to pay your bills, you open up more options for what you can do. I am not saying to wait until retirement to do something you love. I am saying that lower salary requirements open up more options.\""}
{"_id": "220073", "title": "", "text": "Yeah, and this whole visa nonsense is just to bring in people at much lower cost than their local counterparts.  As someone who works in IT, fuck this.    The idea that we somehow don't have enough people working to fill this position?  I'm so fucking tired of this double-speak bullshit.  Corporations can do whatever they want."}
{"_id": "220077", "title": "", "text": "\"So my understanding is that Google is prioritizing it's own comparison shopping services at the expense of others since it is acting essentially as the \"\"gateway to the internet\"\" in the EU.  Some people say this is like Coke being forced to put Pepsi in its machines but I don't see it that way. I see it as Google unfairly giving its own services priority in Google Search Listings when the algorithm they use should be non-biased.  Overall, a very interesting decision which could have great ramifications in the US\""}
{"_id": "220098", "title": "", "text": "I still Love reddit to pieces, I\u2019ve been here for well over 11 years. I love that it\u2019s no longer just geeks talking to geeks,.   But, even the geeky subs are filled with inane comments now. They need a filter for \u201cInane sub-thread.\u201d I\u2019m thinking about writing a Machine Learning plug-in for Chrome that removes them. I just don\u2019t have the time right now. I would make it FOSS so someone can rewrite it for other browsers, and the reddit team could use it."}
{"_id": "220110", "title": "", "text": "Very common question. There is no any rule of thumb. This solely depends on your trading strategy. I will share my own experience. My day starts with the daily chart, if I have a signal, either I open my position or I check 30 minute chart to make sure that it won't go too much against my trade. and I open my position. If I am waiting for the signal the minimum timeframe is 4 hours for me. I use 30 minutes to find the best time to enter the market. So, this is totally something special for my trading strategy, that is why those things can change based on the different strategies. I also check weekly and monthly charts to confirm trend. I have been busy with forex since 2007 and I am a verified investor on etoro At the end, I never use 1,5,15,60 minute charts as they are against my strategy."}
{"_id": "220127", "title": "", "text": "\"Other people have already demonstrated the effect of compound interest to the question. I'd like to add a totally different perspective.  Note that the article says if you can follow this simple recipe throughout your working career, you will almost certainly beat out most professional investors [...] you'll likely accumulate enough savings to retire comfortably. (the latter point may be the more practical mark than the somewhat arbitrary million (rupees? dollars?) My point here is that the group of people who do put away a substantial fraction of their (lower) early wages and keep them invested for decades show (at least) two traits that will make a very substantial difference to the average (western) person. They may be correlated, though: people who are not tempted or able to resist the temptation to spend (almost) their whole income may be more likely to not touch their savings or investments. (In my country, people like to see themselves as \"\"world champions in savings\"\", but if you talk to people you find that many people talk about saving for the next holidays [as opposed to saving for retirement].) Also, if you get going this way long before you are able to retire you reach a relative level of independence that can give you a much better position in wage negotiations as you do not need to take the first badly paid job that comes along in order to survive but can afford to wait and look and negotiate for a better job.  Psychologically, it also seems to be easier to consistently keep the increase in your spending below the increase of your income than to reduce spending once you overspent. There are studies around that find homeowners on average substantially more wealthy than people who keep living in rental appartments (I'm mostly talking Germany, were renting is normal and does not imply poverty - but similar findings have also been described for the US) even though someone who'd take the additional money the homeowner put into their home over the rent and invested in other ways would have yielded more value than the home. The difference is largely attributed to the fact that buying and downpaying a home enforces low spending and saving, and it is found that after some decades of downpayment homeowners often go on to spend less than their socio-economic peers who rent. The group that is described in this question is one that does not even need the mental help of enforcing the savings. In addition, if this is not about the fixed million but about reaching a level of wealth that allows you to retire: people who have practised moderate spending habits as adults for decades are typically also much better able to get along with less in retirement than others who did went with a high consumption lifestyle instead (e.g. the homeowners again).  My estimate is that these effects compound in a way that is much more important than the \"\"usual\"\" compounding effect of interest - and even more if you look at interest vs. inflation, i.e. the buying power of your investment for everyday life.  Note that they also cause the group in question to be more resilient in case of a market crash than the average person with about no savings (note that market crashes lead to increased risk of job loss).  Slightly off topic: I do not know enough how difficult saving 50 USD out of 50 USD in Pakistan is - and thus cannot comment whether the savings effort called for in the paper is equivalent/higher/lower than what you achieve. I find that trying to keep to student life (i.e. spending that is within the means of a student) for the first professional years can help kick-starting a nest egg (European experience - again, not sure whether applicable in Pakistan).\""}
{"_id": "220132", "title": "", "text": "If you create a block good enough to stop cellular data it will stop radio communications.  This will prevent firefighters (should a fire ever occur) from communicating.  A lawyer would just need to demonstrate that a single death or injury resulted directly from causing a fire fighter to operate in a diminished capacity by implementing their radio wave blocking system."}
{"_id": "220134", "title": "", "text": "I live in Texas, I think we're a right to work state as well or whatever its called. I'm a man so this doesn't really affect me, but I believe most of the companies here offer limited maternity leave. At the office I work at there's never been a pregnant worker so I have no idea how it would be handled."}
{"_id": "220137", "title": "", "text": "Turn around strategy: Provide coverage of the major European soccer leagues (Premier League, La Liga, Bundesliga, Serie A) the same way CBS/NBC do for NFL and College football. Soccer is the fastest growing sport in the U.S, and that is not just because of the influx of Latinos - the sport is really becoming popular amongst whites, blacks ect. Within ten years it will be bigger than baseball, potentially also basketball if the NBA keeps up its absurd predictability."}
{"_id": "220138", "title": "", "text": "\"Some additional information for the people who may read this question in the future : The situation is weird, to say the least. I'm going to assume 2 things : Now, look at these classic its-a-scam red flags : In these conditions, it is not safe to give even the smallest shred of information to such people. I'd advise you to ignore this person (best option), or to offer to get them in touch with an official (most scammers will run away at this point) or threaten to report them (not recommended, the scammer may take insult and try to \"\"get back at you\"\"). Hope this post helps and nobody gets scammed! EDIT: Thank you for the amazing welcome! If I'd have known I'd get such a huge response, I'd have written a better answer ;) (I hope I'm not breaking any rules by this edit)\""}
{"_id": "220140", "title": "", "text": "No, I'd prefer a healthcare environment where prices are so reasonable you don't need outlandish insurance and trillion dollar government programs.  But no, the government refuses to negotiate. Why? Because the almost all healthcare legislation is created to enrich the industry itself. Obamacare is nice in theory, but what it really does is give the insurance industry 30 million new customers without so much as a token discount. Medicare has a provision that specifically prohibits negotiation of prices on drugs.   So you tell me, should the role of the government be to enrich the companies by feeding them more customers, err.... I mean enrolling more citizens. Or should the role of government be to keep regulation in check to where it doesn't cost $80 for a single pair of latex gloves."}
{"_id": "220147", "title": "", "text": "Options granted by an employer to an employee are generally different that the standardized options that are traded on public stock option exchanges.  They may or may not have somewhat comparable terms, but generally the terms are fairly different. As a holder of an expiring employee option, you can only choose to exercise it by paying the specified price and receiving the shares, or not.  It is common that the exercise system will allow you to exercise all the shares and simultaneously sell enough of the acquired shares to cover the option cost of all the shares, thus leaving you owning some of the stock without having to spend any cash.  You will owe taxes on the gain on exercise, regardless of what you do with the stock. If you want to buy publicly-traded options, you should consider that completely separately from your employer options other than thinking about how much exposure you have to your company situation.  It is very common for employees to be imprudently overexposed to their company's stock (through direct ownership or options)."}
{"_id": "220156", "title": "", "text": "\"What happened was that people would start an \"\"Internet\"\" company without any viable business plan, and investors would pour money. Any company with \"\".COM\"\" or \"\"eSomething\"\" or \"\"netXXX\"\" or whatever would get tons of money from investors, basically selling dreams of getting rich fast. The companies that flourished back than had often no sales and no income, yet they paid high salaries and provided very lucrative benefits to the employees. One of the examples is Mirabilis - company that invented the on-line messenger (ICQ), but provided free service and free products (there were no fees associated with using the ICQ messenger). They got bought for almost half a billion dollars when they had ZERO revenues, by AOL. AOL sold the company, ten years later, for less than 200 million dollars when at that time ICQ (or, as re-branded, AIM) was already providing revenue (from advertisements). Eventually, investors stopped pouring the money in (for various reasons, but amongst others the higher rates and the slower overall economy), and almost immediately companies started going out of business, and then it all blew up.\""}
{"_id": "220165", "title": "", "text": "It is a bit of work and expense to form a LLC. In the long run it is the best approach because it shields your personal assets from business liability. In the short run, you can form as a sole proprietor and operate that way, and later convert to a LLC."}
{"_id": "220168", "title": "", "text": "I can think of one short-term solution: lower your debt-to-credit ratio.  Even if you pay off your credit card before the due date, the balance you owe is registered as a debt on your credit score for that statement period.  If you pay off your balance before the statement period closes, the amount will be zero. Debt-to-credit ratio is one of highest impact factors used in computing the credit score. The dip from the hard pull should be only temporary.  Additionally, there are different FICO scoring models that lenders use, which can provide significant variance.  Once your score is in the mid 700s, however, that and sufficient income should be sufficient for a prime-rate loan, credit card, or other service for which the credit score is relevant."}
{"_id": "220176", "title": "", "text": "The periodic rate (here, the interest charged per month), as you would enter into a finance calculator is 9.05%. Multiply by 12 to get 108.6% or calculate APR at 182.8%. Either way it's far more than 68%.  If the $1680 were paid after 365 days, it would be simple interest of 68%. For the fact that payment are made along the way, the numbers change.  Edit - A finance calculator has 5 buttons to cover the calculations:  N = number of periods or payments %i = the interest per period PV = present value PMT = Payment per period FV= Future value In your example, you've given us the number of periods, 12, present value, $1000, future value, 0, and payment, $140. The calculator tells me this is a monthly rate of 9%. As Dilip noted, you can compound as you wish, depending on what you are looking for, but the 9% isn't an opinion, it's the math. TI BA-35 Solar. Discontinued, but available on eBay. Worth every cent.  Per mhoran's comment, I'll add the spreadsheet version.  I literally copied and pasted his text into a open cell, and after entering the cell shows,  which I rounded to 9.05%. Note, the $1000 is negative, it starts as an amount owed.  And for Dilip - 1.0905^12 = 2.8281 or 182.8% effective rate. If I am the loanshark lending this money, charging 9% per month, my $1000 investment returns $2828 by the end of the year, assuming, of course, that the payment is reinvested immediately. The 108 >> 182 seems disturbing, but for lower numbers, even 12% per year, the monthly compounding only results in 12.68%"}
{"_id": "220183", "title": "", "text": "This reminds me a lot of the Starbucks UK thing, where Starbucks UK is basically making zero profit on paper, because it's paying it all to Starbucks US as various fees. It's basically legalized corporate money laundering, because the money is only really changing hands on paper."}
{"_id": "220187", "title": "", "text": "\"a lot of companies will \"\"class\"\" their shares and the founders will hold on to the A class shares so that they can distribute more than 50% but still retain the majority of control over company decisions. A lot of this stuff is set out in the underwriting.\""}
{"_id": "220190", "title": "", "text": "&gt; ...you must take responsibility for your actions and not expect someone who didn't get addicted to bail you out - that only encourages addiction.  It seems I do not convince.  Perhaps your experience is that force of will is all that is required to avoid failure.  Maybe you don't believe society can set you up to be a failure or your own destructive impulses can steamroller your willpower.  If success is only a matter of determination then your position makes perfect sense.  If that is your belief, I disagree but I envy you.  I think this is the bottom of our discussion unless you want to show me how my justification for taxes is flawed.  Thanks for the thoughtful dialog and letting me explore your opinions on how society should work.  I hope we cross paths again."}
{"_id": "220197", "title": "", "text": "Even when it isn't imaginary, the government comes in acting like you're indebted to it.  &gt;\u201cThe government is good at one thing. It knows how to break your legs, and then hand you a crutch and say, 'See if it weren't for the government, you wouldn't be able to walk.\u201d \u2015 Harry Browne"}
{"_id": "220198", "title": "", "text": "These comments are crazy in here with regards to earnings after 4 years of college. I'm an account exec(field tech support)with a Fortune 500 company and make a $110k per year, with no degree. In my same industry with no experience I was making 65k when I was 27 in an entry level sales job.   We have mechanics that start out at $20 per hour and make $30-35 per hour after 5 years.   My point is that you can make really good money without a college degree."}
{"_id": "220206", "title": "", "text": "\"Yes, as long as you are not filing \"\"Married, Filing Separately,\"\" you can deduct student loan interest expense as an adjustment to income. Since your MAGI is < $60k, you can deduct the lesser of $2,500 or the actual interest expense. http://www.irs.gov/taxtopics/tc456.html http://www.irs.gov/publications/p970/ch04.html You didn't mention how you might file your return. If you're filing jointly in future years, the MAGI threshold prior to any phaseout is raised to $125k (for CY 2013).\""}
{"_id": "220207", "title": "", "text": "No Drawbacks. One day, the bank might decide to kick you out. Typically, they send you a letter and warn that they will close it if it stays unused, and then you have to decide if you move some money into it or have it cancelled."}
{"_id": "220216", "title": "", "text": "Can no one read? I never said anything about equivalence, it was an example of an off the books subsidy. And I'll pose the same question to you as the other commenter, do you think that having solar panels on your roof will keep the government from sending our military to other countries? Because if you do, that's truly laughable.   Apparently that author is clairvoyant enough to announce a 2016 report in an article dated July, 9th 2014. But I'll just assume you didn't actually read any of it. I did, and I'm not saying those figures are wrong, but that report has a clear stated agenda that is anti-oil/coal.  The report I linked was to a US agency that was only making the information available. It may also have inaccuracies, but I'm going to assume that data for identical years in these reports being interpreted wildly differently indicates one is manipulating the information. I'd assume that someone with an agenda would be more likely to manipulate the data than an agency just seeking to publish data.  Regardless, those inconsistencies should have some explanation."}
{"_id": "220223", "title": "", "text": "Looks to be a competitor of PayPal, you transfer money and they keep it in virtual account ... enable transfer and receive funds ... Nope the funds are not backed by any Central Banks if that is what you are looking at.  If you want to use it, my recommendation is not to keep a large balance. If it goes down, one cannot even trace their owners."}
{"_id": "220230", "title": "", "text": "So let's talk about the nation scale which is what the equation savings = investments is referring to.  In that context, does an investment merely mean the purchase of a financial asset or an investment in some physical asset or productive capital? I like to think of investment as building a factory, developing land, or spending money on R&amp;D. But in the economic sense, merely transforming cash into a financial asset like treasuries is also considered investment, correct? As a matter of fact, just merely leaving cash in a deposit account can technically be counted towards investment?  Am I understanding this correctly or am I fundamentally missing something?"}
{"_id": "220240", "title": "", "text": "i prepaid roughly $400 at closing into escrow. that's my minimum allowable balance. paid in all year, and now taxes and insurance are paid in december. after december, they're projecting a $200 balance, which is $200 too low. homeowners insurance hasn't changed, pmi hasn't changed, property taxes are virtually identical to estimate at closing. the difference is that the $400 initial payment didn't factor in timing of those payments out of escrow. pretty lame if you ask me."}
{"_id": "220241", "title": "", "text": "First, make sure you have some money in a savings account that you can use instead of credit cards for making future purchases that go beyond what you have in your checking account. $1000 is a good amount to start with, so just take that out of the $5000. Then pay off the Best Buy card. You shouldn't be worried about the minimum payment. Determine what you can pay per month (say, $400), and take the minimum payments out of that. Then choose one card to get the rest of your $400, plus the remaining $1500 of your $5000. This should be the highest-interest card, mathematically, but it may or may not be your best choice; it depends on your personality. Some people get a psychological lift out of seeing debts disappear, and it gives them more motivation to keep going. Those people may be better served by paying off the smallest debts first, to get them out of the way. I'm an INTP, so it bothers me more to think that I'll be paying a little more in interest over the long term by taking that route."}
{"_id": "220246", "title": "", "text": "Oh god yes please!  Ticketmaster is so bad I'd be happy if Comcast took market share from them!  Actually, instead can we kill Comcast too?  And maybe Verizon while we're at it!  Seriously though, buying tickets for shows has become so bad over the years that I stopped going to most shows over a decade ago.  Besides small venue local shows where you pay at the door or buy in advance from the venue itself, I just refuse to waste my time money and sanity even dealing with Ticketmaster.  It sucks because there's a lot of 80s/90s bands that are still kicking around, or have reunion tours that I just skip and I never know if that will be their last tour or show even.  The last big venue show I went to was the 2003 Pixies reunion after they had a 5 year hiatus.  I know they've toured since then, but I was glad I got to see them though."}
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{"_id": "220269", "title": "", "text": "Makes sense.  I typed the previous reply on an ipad and was too lazy to go into the fact that as you point out the cash exits the balance sheet so in a DCF it doesn't get any weight in the terminal value calculation which makes up a significant chunk of an EV normally."}
{"_id": "220276", "title": "", "text": "Right now interest rates are pretty low and as such you won't see blockbuster interest rates in anything highly liquid. That being said you're motivation is liquidity over rate of return anyway so I don't think that is a concern. Money Market funds should give you a similar return to AMEX Personal Savings. Due to their lack of a rate guarantee I wouldn't be surprised if that is simply a branded Money Market account. Your best bet is to look at what rates you can get on any short term security and park your money in the one that best suites your needs and offers the greatest return. Money Markets are simply a great way for you to keep your cash liquid while investing you in a broad range of liquid assets (diversification is key)."}
{"_id": "220284", "title": "", "text": "At the heart of this issue is an accounting disagreement that BIS has with current accounting standards.  So basically, foreign investors want to invest in lucrative American Dollar investment products but they don't want to have to buy American Dollars in order to do so because of foreign exchange risk (the risk that by the time your investment is realized, any gains are adversely effected by the change in currency values). So instead, they trade in a series of (currency) swaps that allow them to mitigate that foreign exchange risk. In doing so, they are only required by current accounting standards to record such transactions at fair value = 0, thus skipping over the balance sheet and only hitting the footnotes. BIS believes these transactions should be recorded at gross values and on the balance sheet as opposed to the footnotes.  The debt is hidden insofar as global dollar debt is calculated using liabilities on balance sheets and not the footnotes. That being said, in no way are these transactions truly hidden as (1) any good analyst values footnotes as much as the financial statements themselves and (2) exposure isn't really the same as debt.  TL:DR BIS (as reputable as they are) wants to change currently accepted accounting standards and screaming $14 TRILLION DOLLARS is their way of doing it."}
{"_id": "220285", "title": "", "text": "\"You definitely need more information. This could be a number of things. First of all I don't understand the reason for the 48 hours. I would definitely ask them to clarify why this is the case. Why are they noticing this a year later?  You are indeed a participant in the company 401k. the plan is theirs, and you are agreeing to play by their rules when you enroll. I would call HR and get more info. This could be excess contribution or a \"\"bank error in your favor\"\" that they have found. It sounds like they over matched your 401k sense they want the money back.\""}
{"_id": "220287", "title": "", "text": "&gt; Management consulting as a major?  Job.  &gt; Would minoring in CS be good enough? or for maximum aptitude should I major in it?  IDK.  I would dual major TBH.  Minor better than nothing.  Everyone (including bankers) value engineers over straight finance degree people, because engineering is harder and those graduates typically have higher IQs.  A 3.5 gpa electrical engineer major &gt; 3.8 gpa finance major."}
{"_id": "220296", "title": "", "text": "You use Amazon if you use the internet. Amazon AWS controls 50% of the cloud provider market, which provides the back end and holds data for many websites, apps, and services. There's simply no avoiding feeding Amazon since they control the backend. There's also no way to totally avoid Google/Facebook internet advertising since they rake in a combined 75% of online ad spend and display ads on a plethora of services.  So you're not using Android, Chrome, Google search, Gmail, Google Photos, Youtube, Whats app, Instagram, FireTV/Chromecast, or Android Auto correct? Those all feed massive amounts of user data into the aforementioned data behemoths. I find it hard to believe you don't use Youtube since it has a near monopoly on user created video, and the alternatives to Google search are pretty inferior unfortunately."}
{"_id": "220305", "title": "", "text": "&gt; The second airport pet peeve of mine is everyone bumrushing the gate when your zone isn't called.  And even if they don't try to get into the gate, they will form a blockade of morons and keep people who wait patiently and follow instructions from getting through. **RAGE.**"}
{"_id": "220311", "title": "", "text": "Yeah in my city almost makes it worth applying at Target. If I have to leave this job be where I go. Most labor intense jobs here and warehouse work pays less then that. Hell Walmart starting pay more then most of these places. That is fucked."}
{"_id": "220320", "title": "", "text": "&gt; I have a hard time swallowing this opinion from somebody who actually thinks startups can or should get into a contract with anybody stipulating continuing employment. Nobody does that.  Are you serious? Lots of people do it. In fact, no serious professional freelancer that I know would even consider going into a back-end deal with a startup without some kind of contract in place.  Look - going into business with a start-up is not something people do every day. In fact, if you choose it as a career path, you're going to have a pretty shitty time and eat a lot of ramen.  There's lots of startups around at every time of the year. I could take on half a dozen spec projects tomorrow if I wanted to.  But this isn't how it works. You should ONLY ever get involved with a low-paid startup if you know the people involved and you believe in the project. Because there's every chance you might end up with nothing.  But one situation you CAN avoid with a little planning is the investors pulling as soon as the first few bucks roll in and leaving everyone high and dry. Getting a decent ass-covering contract in place is key to working with startups.  &gt; Yes, you have to check your wallet and your fingers too whenever you deal with VCs but if you don't think that's the case with almost every deal you make, you are delusional.  Who even mentioned dealing with VCs? The OP and the discussion is about dealing with a start-up company. I've never seen VC investors take anything more than a cursory interest into who the founders are employing."}
{"_id": "220327", "title": "", "text": "\"Beta is the correct answer.  It is THE measure of the risk relationship of a stock with the broad market. R squared is incorrect unless you mean something very odd by \"\"co-efficiency.\"\"  A stock that goes up each time the market goes down has very low co-efficiency (negative risk as you have defined it) but very high R squared.  A stock that goes the same direction as the market but twice as far (with a lot of noise) has a very low R squared but contains a lot of market risk.  A stock that always goes in the same direction as the market but only a 100th as far is very safe but has a very high R squared. You can calculate beta using \"\"slope\"\" in excel or doing a regression, but the easiest thing is just to look up the beta in yahoo finance or elsewhere.  You don't need to calculate it for yourself normally.\""}
{"_id": "220334", "title": "", "text": "\"I like that guy's writing style!  Yes, from a judge point of view I think they made a reasonable decision.  They throw it back on the legislature to fill in the gaps if any are to ever be filled.  The critics in /r/personalfinance are probably right that businesses will find new ways of organizing so as to avoid being scrutinized under that law. But that is the way that laws work.   If I were writing the next law, I would consider a requirement that transfer of debt have transparency to the debtor so as to give the debtor information about how much was still outstanding and how much the new \"\"owner\"\" paid for it.\""}
{"_id": "220340", "title": "", "text": "For doing business it is also important to have a employer identification number which is very important for doing business in the US based companies and it is important to have a company so that the business can able to run very smoothly. With Free company formation people can able to start their business very easily and they can able to give all the services so that the business can able to run a long. Forming a corporation mainly include all the classic form which is fully separate and the from the ownership which mainly did not have any necessary thing."}
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{"_id": "220433", "title": "", "text": "Your basic assumption is incorrect. You don't normally go to a bank to borrow money to invest, but brokerages do it all the time. It is called trading on margin."}
{"_id": "220448", "title": "", "text": "&gt; It wasn't one side changing the contract though.  But it was.  FTA:  &gt; [Argentina] forced most of its creditors to take a lot less money than they had loaned to Argentina in the first place.  You can argue that Elliot's actions after that were predatory, but that doesn't make them illegal nor does it discharge Argentina from its original obligations it agreed to when it borrowed the money in the first place."}
{"_id": "220459", "title": "", "text": "\"You might consider working on getting your new employer to sponsor a 401k, there may be options where you can invest and they aren't required to add anything as a match (which gives you higher limits). If they don't match, they may just be liable for some administration fees. If you have any side business that you do, you might also be eligible for other \"\"self-employed\"\" options that have higher limits (SEP, Simple - I think they may go up to $15k) although, I'm not sure the nitty gritties of them.\""}
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{"_id": "220486", "title": "", "text": "\"You cannot actually buy an index in the true sense of the word.  An index is created and maintained by a company like Standard and Poor's who licenses the use of the index to firms like Vanguard.  The S&P 500 is an example of an index.  The S&P 500 \"\"index includes 500 leading companies\"\", many finical companies sell products which track to this index.  The two most popular products which track to indexes are Mutual Funds (as called Index Funds and Index Mutual Funds) and Exchange Traded Funds (as called ETFs).  Each Index Mutual Fund or ETF has an index which it tracks against, meaning they hold securities which make up a sample of the index (some indexes like bond indexes are very hard to hold everything that makes them up). Looking at the Vanguard S&P 500 Index Mutual Fund (ticker VFINX) we see that it tracks against the S&P 500 index.  Looking at its holdings we see the 500-ish stocks that it holds along with a small amount of bonds and cash to handle cash flow for people buying and sell shares.  If we look at the Vanguard S&P 500 ETF (ticker VOO) we see that it also tracks against the S&P 500 index.  Looking at its holdings we see they are very similar to the similar Index Mutual Fund. Other companies like T. Rowe Price have similar offering.  Look at the T. Rowe Price Equity Index 500 Fund (ticker PREIX) its holdings in stocks are the same as the similar Vanguard fund and like the Vanguard fund it also holds a small amount of bonds and cash to handle cash flow. The only real difference between different products which track against the same index is in the expense ratio (fees for managing the fund) and in the small differences in the execution of the funds.  For the most part execution of the funds do not really matter to most people (it has a very small effect), what matters is the expense (the fees paid to own the fund).  If we just compare the expense ratio of the Vanguard and T. Rowe Price funds we see (as of 27 Feb 2016) Vanguard has an expense ratio of 0.17% for it Index Mutual Fund and 0.05% for its ETF, while T. Rowe Price has an expense ratio of 0.27%.  These are just the fees for the funds themselves, there are also account maintenance fees (which normally go down as the amount of money you have invested at a firm go up) and in the case of ETFs execution cost (cost to trade the shares along with the difference between the bid and ask on the shares). If you are just starting out I would say going with the Index Mutual Fund would easier and most likely would cost less over-all if you are buying a small amount of shares every month.  When choosing a company look at the expense ratio on the funds and the account maintenance fees (along with the account minimals).  Vanguard is well known for having low fees and they in fact were the first to offer Index Mutual Funds. For more info on the S&P 500 index see also this Investopedia entry on the S&P 500 index. Do not worry if this is all a bit confusing it is to most people (myself included) at first.\""}
{"_id": "220516", "title": "", "text": "Cash can be a lifesaver after a natural disaster. I was in central Mississippi in 2005 after Katrina. There were a few things selling for cash only (generators for one). The banks opened pretty quick (1 day) where I was; south of me it took much longer (days or weeks)."}
{"_id": "220533", "title": "", "text": "\"&gt;&gt; Are you trying to say that all the above will not help the economy and employment?  &gt;No, but I would say that President Trump hasn't actually done any of the things you mention.  LOL!!!!!!  President Trump killed the TPP? Yes, or no?  President Trump is killing and NAFTA and actively against it? Yes, or no?  President Trump reduced immigration? Yes or no?  President Trump reduced and kill many regulations? Yes or no?  President Trump invests in infrastructure? Yes, or no?  Presider Trump pull out from Wars, e.g. the CIA program to \"\"support the rebels in Syria\"\"? Yes or no?\""}
{"_id": "220552", "title": "", "text": "It depends on which temperature set you use. None of them show statistically significant warming for the last 17 years.  RSS shows almost 18 years without any warming, during a period that showed CO2 increases far above anything ever anticipated."}
{"_id": "220559", "title": "", "text": "Something like this sort of thing happened to me but with Chase bank.  The county made a mistake on our taxes and forgot to give us the right deductions and we got a whopping high property tax bill. Since we did have an escrow account the bank just paid the taxes and raised our mortgage by a nearly unaffordable 60% or so even though we called the bank and told them not to pay the tax bill as it was being disputed. By the time we got the tax issues sorted out Chase refused to adjust the mortgage. The only way we were able to get out of it was to refinance with another bank and opt out of the escrow account and handle taxes on our own,  which fixed the whole problem. It seemed an awful lot like an attempt to force us into a foreclosure. If we didn't have the money to refinance we would have barely been able to afford the mortgage payment.  Why they would want to do that I have no idea. It really sucked though."}
{"_id": "220583", "title": "", "text": "You may want to keep some of your change - especially your nickels.  I know George would be disappointed if I didn't point this out. :)"}
{"_id": "220602", "title": "", "text": "The idea with passive investing in ETFs is to eliminate the all important firm specific risk. I agree with him that it surely creates a herd mentality and might over/understate the fundamental prices for individual stocks. If fund managers could consistently maintain alpha, lower their 2/20, and not shutdown when they can't reach their high water mark, then maybe investors might come back to them. As it stands now, the money goes where it can get the best return with only market risk to worry about."}
{"_id": "220608", "title": "", "text": "\"Selling as well as buying a stock are part science and part art form.  I remember once selling a stock at its 52 week high too. That particular stock \"\"quadrupled\"\" in value over the next 52 weeks.  Mind you I made 50% ROI on the stock but my point is that none of us have a crystal ball on whether a particular stock will ever stop or start going up or stop or start going down. If someone had those answers they wouldn't be telling you they would be practicing them to make more money! Make up your mind what you want to make and stick by your decisions.  Bulls make money when stocks go up and Bears make money when they go down but pigs don't make money. -RobF\""}
{"_id": "220621", "title": "", "text": "KOSEC-Kodari Securities is one of the Australia\u2019s leading investment advisory companies. With the supreme track records, the firm prides itself in providing the best reviews and investment guidance\u2019s. In their brief history, KOSEC has grown into one of the best in the business, it provides solid counseling to back their very high potential claims."}
{"_id": "220632", "title": "", "text": "Probably. Is that jailbreak public? Not that I can see, no one has announced they've done it.  Would I recommend it? No, certainly not. Especially if you plan on driving it, I just cannot see how legally that would be wise. This isn't a phone its a 3000+LB potential death machine with a bunch of flammable Lithium packs in it."}
{"_id": "220641", "title": "", "text": "FTFY:  Repeat after me: Monopolization can only occur when there is a *corrupt* government to limit the emergence of competitors.   How about we stop voting for the limited government idiots and start electing people who have the best interests of the American people at heart."}
{"_id": "220644", "title": "", "text": "Some of these answers are actually wrong. Basically if you were to cash this cheque, you are committing bank fraud.  The cheque is usually fake and ends up with them cashing it off your account--this is how cheques work, when you cash a cheque, you are the one ultimately responsible for the validity of what you're cashing.  This is why large cheques are balanced against your active account--so what happens is they essentially just take money from you and leave you red handed."}
{"_id": "220665", "title": "", "text": "Here's an easy test...   Look at the investments in your portfolio and ask yourself whether if you had the cash value, would you buy those same investments today, because effectively that is what you are doing when you continue to hold. If the answer is no, sell and pick something else. Above all else, don't react to market swings, in most cases you are going to get it wrong and wind up losing more by making emotional decisions."}
{"_id": "220682", "title": "", "text": "Saving money for the future is a good thing. Whether spending those savings on a business venture makes sense, will depend on a few factors, including: (1) How much money you need that business to make [ie: will you be quitting your job and relying on the business for your sole income? Or will this just be a hobby you make some pocket change from?] (2) How much the money the business needs up front [some businesses, like simple web design consulting, might have effectively $0 in cash startup costs, where starting a franchise restaurant might cost you $500k-$1M on day 1] (3) How risky it is [the general stat is that something like 50% of all new businesses fail in their first year, and I think for restaurants that number is often given as 75%+] But if you don't have a business idea yet, and save for one in the future but never get that 'perfect idea', the good news is that you've saved a bunch of money that you can instead use for retirement, or whatever other financial goals you have. So it's not the saving for a new business that is risky, it's the spending. Part of good personal financial management is making financial goals, tracking your progress to those goals, and changing them as needed. In a simpler case, many people want to own their own home - this is a common financial goal, just like early retirement, or starting your own business, or paying for your kids' college education. All those goals are helped by saving money, so your job as someone mindful of personal finances, is to prioritize those goals in accordance to what is important for you."}
{"_id": "220691", "title": "", "text": "In the UK the official rule is that a cheque is valid for 3 years from the date it was wrote. However after 3 months some banks can choose to turn them down. I had a cheque once that was a year old which is when I looked it up to see whether it was stil valid, and I found the laws regarding it then.  I was actually quite surprised it was 3 years! Btw if it does bounce your quite entitled to ask your employer for a replacement cheque.  They owe it you and it's just sat in their account assigned to you anyway."}
{"_id": "220703", "title": "", "text": "I'm not saying I'm so sure as to start shorting tech stocks (with market volatility what it is nowadays, you could lose money because bankers got a bailout and everything went up irrespective of its actual earnings).  But I'm so sure as to say that selling any stock you've got in small tech companies and avoiding investing in start-ups is probably a good idea."}
{"_id": "220710", "title": "", "text": "\"Sometimes you need to do more than ask to have your rating reduced.  You need to make it in their best interest (no pun intended) to do it. Find the lowest rate card and then tell the others you want to transfer your balance to that card and close the account (don't do it, it is an empty threat). I guarantee they will transfer you to a retention agent who will give you a better deal.  From their perspective your current offer is getting 19% interest instead of 22%, why would they do that without some motivation? With the approach described above their options are get 19% interest instead of 0% interest. It is all about negotiation and the \"\"Retention agents\"\" have the most leverage to do so.\""}
{"_id": "220714", "title": "", "text": "I mean, look at how he reacts to deaths caused by muslims/immigrants vs his reaction to this incident. He speaks off the cuff with respect to Korean nuclear weapons/muslims yet carefully chooses his words precisely to avoid condemning bigots. Almost seems like someone else is pulling the strings here this time. You have to be kind of an idiot/trump fanatic to not see whats happening here.  Also, look at how he talks about the victims of muslim attacks/mexican immigrants vs the lady that died here.  Eventually, amid immense pressure he comes out and condems racism/bigotry and then minutes later goes on to complain about how despite doing that he doesn't get any credit for it. Only this manchild can somehow turn this all around to making him the victim."}
{"_id": "220720", "title": "", "text": "Keep in mind there are a couple of points to ponder here: Rates are really low. With rates being so low, unless there is deflation, it is pretty easy to see even moderate inflation of 1-2% being enough to eat the yield completely which would be why the returns are negative. Inflation is still relatively contained. With inflation low, there is no reason for the central banks to raise rates which would give new bonds a better rate. Thus, this changes in CPI are still in the range where central banks want to be stimulative with their policy which means rates are low which if lower than inflation rates would give a negative real return which would be seen as a way to trigger more spending since putting the money into treasury debt will lose money to inflation in terms of purchasing power. A good question to ponder is has this happened before in the history of the world and what could we learn from that point in time. The idea for investors would be to find alternative holdings for their cash and bonds if they want to beat inflation though there are some inflation-indexed bonds that aren't likely appearing in the chart that could also be something to add to the picture here."}
{"_id": "220723", "title": "", "text": "Yes of you are right limited resources and unlimited wants is why we have economics. In retrospect I should have been more precise.  Resources/energy/space make it so there is a finite amount of work to do in a given time period, my point was that luddites often see work as static, in the foreseeable future as you said unemployment wont be a result of insufficient resources."}
{"_id": "220733", "title": "", "text": "I would not recommend using your own money to pay off something that is not a strong asset. Use the savings where it will have the maximum return. Why not put (some of) the savings into another investment mortgage? Thanks to the leverage your return would be much higher than 5.5%, plus you would have more income."}
{"_id": "220764", "title": "", "text": "You want your girl\u2019s birthday party to be the most talked about event for days? \u00a0There are several amazing themes that you could tap on. \u00a0One of the most awesome ideas would be to opt for girls spa party. Indeed the birthday girl would be loved to get pampered in her big day and with spa party plan, you can pull off an adorable surprise on her. The little girl and her gang of friends would thoroughly enjoy the whole pampering session that they would get to enjoy in the birthday party."}
{"_id": "220771", "title": "", "text": "\"China's regulators, it seems, are on the attack. Guo Shuqing, chairman of the China Banking Regulatory Commission, announced recently that he'd resign if he wasn't able to discipline the banking system. Under his leadership, the CBRC is stepping up scrutiny of the role of trust companies and other financial institutions in helping China's banks circumvent lending restrictions.  The People's Bank of China has also been on the offensive. It has recently raised the cost of liquidity, attacked riskier funding structures among smaller banks, and discontinued a program that effectively monetized one-fifth of last year's increase in lending.  Are the regulators finally getting serious about reining in credit creation? The answer is an easy one: Yes if they're willing to allow economic growth to slow substantially, probably to 3 percent or less, and no if they aren't.    inRead invented by Teads  This is because there's a big difference between China's sustainable growth rate, based on rising demand driven by household consumption and productive investment, and its actual GDP growth rate, which is boosted by massive lending to fund investment projects that are driven by the need to generate economic activity and employment.  Economists find it very difficult to formally acknowledge the difference between the two rates, and many don't even seem to recognize that it exists. Yet this only shows how confused economists are about gross domestic product more generally. The confusion arises because a country's GDP is not a measure of the value of goods and services it creates but rather a measure of economic activity. In a market economy, investment must create enough additional productive capacity to justify the expenditure. If it doesn't, it must be written down to its true economic value. This is why GDP is a reasonable proxy in a market economy for the value of goods and services produced.  But in a command economy, investment can be driven by factors other than the need to increase productivity, such as boosting employment or local tax revenue. What's more, loss-making investments can be carried for decades before they're amortized, and insolvency can be ignored. This means that GDP growth can overstate value creation for decades.  That's what has happened in China. In the first quarter of 2017, China added debt equal to more than 40 percentage points of GDP -- an amount that has been growing year after year. In 2011, the World Economic Forum predicted that China's debt would increase by a worrying $20 trillion by 2020. By 2016, it had already increased by $22 trillion, according to the most conservative estimates, and at current rates it will increase by as much as $50 trillion by 2020. These numbers probably understate the reality.  If all this debt hasn't boosted China's GDP growth to substantially more than its potential growth rate, then what was the point? And why has it proven so difficult for the government to rein it in? It has promised to do so since 2012, yet credit growth has only accelerated, reaching some of the highest levels ever seen for a developing country.  The answer is that credit creation had to accelerate to boost GDP growth above the growth rate of productive capacity. Much, if not most, of China's 6.5 percent GDP growth is simply an artificial boost in economic activity with no commensurate increase in the capacity to create goods and services. It must be fully reversed once credit stops growing. To make matters worse, if high debt levels generate financial distress costs for the economy -- as already seems to be happening -- the amount that must be reversed will substantially exceed the original boost.  Once credit is under control, China will have lower but healthier GDP growth rates. If the economy rebalances, most Chinese might not even notice: It would require that household income -- which has grown much more slowly than GDP for nearly three decades -- now grow faster, so that the sharp slowdown in economic growth won't be matched by an equivalent slowdown in wage growth.  Clear thinking from leading voices in business, economics, politics, foreign affairs, culture, and more. Share the View  Enter your email  Sign Up But to manage this rebalancing requires substantial transfers of wealth from local governments to ordinary households to boost consumption. This is why China hasn't been able to control credit growth in the past. The central government has had to fight off provincial \"\"vested interests,\"\" who oppose any substantial transfer of wealth. Without these transfers, slower GDP growth would mean higher unemployment.  Whether regulators can succeed in reining in credit creation this time is ultimately a political question, and depends on the central government's ability to force through necessary reforms. Until then, as long as China has the debt capacity, GDP growth rates will remain high. But to see that as healthy is to miss the point completely.\""}
{"_id": "220772", "title": "", "text": "\"The following is only an overview and does not contain all of the in-depth reasons why you should look more deeply. When you look at a stock's financials in depth you are looking for warning signs. These may warn of many things but one important thing to look for is ratio  and growth rate manipulation. Using several different accounting methods it is possible to make a final report reflect a PE ratio (or any other ratio) that is inconsistent with the realities of the company's position. Earnings manipulation (in the way that Enron in particular manipulated them) is more widespread than you might think as \"\"earnings smoothing\"\" is a common way of keeping earnings in line (or smooth) in a recession or a boom. The reason that PE ratio looks so good could well be because professional investors have avoided the stock as there appear to be \"\"interesting\"\" (but legal) accounting decisions that are of concern. Another issue that you don't consider is growth. earnings may look good in the current reporting period but may have been stagnant or falling when considered over multiple periods. The low price may indicate falling revenues, earnings and market share that you would not be aware of when taking only your criteria into account. Understanding a firm will also give you an insight into how future news might affect the company. If the company has a lot of debt and market interest rates rise or fall how will that effect their debt, if another company brings out a competing product next week how will it effect the company? How will it effect their bottom line? How much do they rely on a single product line? How likely is it that their flagship product will become obsolete? How would that effect the company? Looking deeply into a company's financial statements will allow you to see any issues in their accounting practices and give you a feel for how they are preforming over time, it will also let you look into their cost of capital and investment decisions. Looking deeply into their products, company structure and how news will effect them will give you an understanding of potential issues that could threaten your investment before they occur. When looking for value you shouldn't just look at part of the value of the company; you wouldn't just look at sales of a single T-shirt range at Wallmart when deciding whether to invest in them. It is exactly the same argument for why you should look at the whole of the company's state when choosing to invest rather than a few small metrics.\""}
{"_id": "220774", "title": "", "text": "Tired of the sleepless nights financial burdens bring? We understand the stresses of living pay day to pay day and then still not making it!  Not to worry - we are here to assist with turning your nightmares into dreams!!  Need a loan thats fast and easy - without all the stress of running around? Well we are here to do just that!!!  We offer the following products:   * Personal Loans Up To R120 000.00 * Credit Cards * Vehicle Finance * Consolidation Loans * Home Loans * Building Finance * Holiday Loans  Requirements:  * Reside in CPT * ID * 3 Months Bankstatements * Latest Payslip  Contact Leizl NOW 021 712 6925"}
{"_id": "220778", "title": "", "text": "SYLVIA THOMPSON German psychotherapist Bert Hellinger has developed an approach to dealing with relationship problems, financial distress, addictions and career troubles that is based on the idea that self-limiting beliefs can be inherited from previous generations. Julie Williams will lead a workshop in this approach on Saturday from 10.30am-5pm in Greystones Holistic Centre, Church Road, [...]"}
{"_id": "220794", "title": "", "text": "\"Look for jobs you can do PRN - pro re nada or \"\"as the need arises.\"\"  Basically very part-time work, where you are free to decide whether or not you want to work given shift offered.  It's pretty common in medicine and in education.  If you want to work a whole week, you probably can!  If you don't, they just call the next person on the list.  Obviously you'll need some extra education, but I'm assuming that isn't a problem.  Beyond that, as far as 'leisure' pursuits - try to write a book!  Fiction, nonfiction, doesn't matter.  You'll suck at that for long enough to take up a few years of your life :).  You could get a pilot's license - also pretty time intensive, and could lead to some interesting part-time gigs as a charter pilot down the line.  General kind of tour guide/leisure activity instructor work seems to be very rewarding.  I'm active in my local motorcycling community, and I've never met an instructor who didn't love his job.  MSF instructor is a 12 hour per week gig.  Good luck!\""}
{"_id": "220795", "title": "", "text": "For long periods of time a short ETF's performance will not match the negative of the long ETF, e.g. funding costs and the fact that they 'only' match daily returns will result in a suboptimal performance.   If possible use other derivatives like a put on a long gold etf (fgriglesnickerseven)"}
{"_id": "220805", "title": "", "text": "\"No, Tesla does not want the papers to suggest that their guidance is some ~40k higher than it will be, before they've actually announced it.  Especially considering Elon said \"\"probably about 60k\"\" on the call, *and* they were clear both on the call and in the letter that 100k would be the end-of-year run rate, and not the total deliveries.\""}
{"_id": "220825", "title": "", "text": "Honestly, I got to say this. It's based on your knowledge and how you portray yourself.   My friend is a finance major and doesn't know jack shit.   All these people discussing what is a good major etc. How about you wow these people with your resume of experiences that show you know your stuff whether its in economics or finance?   My econ degree allowed me to take a lot of finance classes and that's what I did. I geared my degree to classes that circled around investing. No investment classes were offered IMO so I just independently studied that on my own and took all the academic spheres and applied it to the real world.   Even business classes. Why not start your own small business somehow? That's way better experience than the project management class I took where we fucking had a final project to see who could build the biggest marsh mellow tower with sticks in a team. I got a B in that class because I will admit I really didn't put time into it as I saw it as bullshit. I did however, double my parent's family business by using lessons learned from academics.   So which is better? Its all good IMO, but what your capacity is what I would be more interested in as a employer which you can show through you experience."}
{"_id": "220828", "title": "", "text": "\"standard NFC-for-payments ... reads a straight copy of the card details ... does not generate any one-time-use card number ... does not employ any over-the-air encryption or even a challenge-response system [?] The normal contactless payment process does involve transaction-specific cryptographic-signatures.  However what process is used depends on the vendor equipment and the scheme (Visa, Mastercard, Amex, ...) A \"\"Magstripe mode\"\", if supported, allows the card number and expiry date to be read. There is a good description at Level2Kernel which covers \"\"Magnetic Stripe Mode\"\" and \"\"EMV Mode\"\" etc for each scheme (Mastercard, Visa etc do things differently). MasterCard Contactless MasterCard transactions can be performed in either EMV mode or Mag-Stripe mode. After Entry Point has initiated a transaction the MasterCard Kernel issues a Get Processing Options command. In the response from the card a data object called the Application Interchange Profile (AIP) determines whether the transaction will continue in either EMV Mode or Mag-Stripe Mode. The AIP also determines if \u201cOn-device cardholder verification\u201d (CDCVM) is supported. EMV Mode (M/Chip) The commands exchanged with the card for EMV Mode closely resemble those used for an EMV contact transaction, with Read Record commands being used to retrieve all the card data, followed by a Generate Application Cryptogram (GENAC) request to obtain a unique, transaction-specific, cryptogram from the card. Once all of these exchanges have been completed, the card can be removed from the RF field. However, unlike for contact transactions, not all the transaction processing occurs before the card exchanges have been completed. This is to optimise the contactless transaction performance by reducing the amount of time the card is required to remain in the RF field. (my emphasis) According to VISA UK Our technology uses the chip on your card to generate unique cryptograms (that\u2019s techie speak for a type of puzzle that consists of a short piece of encrypted or encoded text) and digital signatures to protect your payments. Digital signatures are like handwritten signatures in some ways \u2013 but they are much more difficult to forge. (my emphasis) According to the UK Card Association Rumour: A fraudster can steal my details from my contactless card. Fact: You have to be extremely close to someone for their gadget to be able to read your card - and even then all they would ever get is the card number and expiry date. That\u2019s the same information you see by simply looking at the front of any card.There\u2019s no way anyone can get the security code on the back of the card, your name and address, or bank account details. The vast majority of online retailers require additional details like these and others to make a purchase. However, according to a Guardian newspaper report of 2015-07-25: Researchers bought cheap, widely available card scanners from a mainstream website to see if they could \u201csteal\u201d key details from a contactless card. They tested 10 different credit and debit cards, that were meant to be coded to \u201cmask\u201d personal data, and were able to read crucial data that was meant to be hidden. It then went shopping with the information it had obtained and was able to successfully place orders for items including a \u00a33,000 television set. So yes, even in the civilized world, our security is undermined by a combination of: How does Apple Pay work? See Apple Pay Must Be Using the Mag-Stripe Mode of the EMV Contactless Specifications Clearly, Apple Pay must following the EMV contactless specifications of books C-2, C-3 and C-4 for MasterCard, Visa and American Express transactions respectively. More specifically, it must be following what I called above the \u201cmobile phone profile\u201d of the contactless specifications. It must be implementing the contactless mag-stripe mode, since magnetic stripe infrastructure is still prevalent in the US. It may or may not be implementing contactless EMV mode today, but will probably implement it in the future as the infrastructure for supporting payments with contact cards is phased in over the next year in the US.\""}
{"_id": "220834", "title": "", "text": "Any time you are optimizing a portfolio, the right horizon to use for computing the statistics you will use for optimization (expected return, covariance, etc.) will be the same as your rebalance/trading frequency.  If you expect your trading strategy to trade once a day, you should use daily data for optimization.  Ditto for monthly or quarterly.  If at all possible you should use statistics across the board that are computed at the same frequency as your trading. Regarding currency pricing, I see no reason you can't take the reported prices and convert them to whatever currency you want using that day's foriegn exchange rate.  Foreign exchange rates are available for free at the Fed and elsewhere.  Converting prices from one currency to another is not rocket science. Since you are contemplating putting actual money behind this, note that using data to compute statistics is less reliable for lower statistical moments.  The mean (expected return) is the first moment, so using historical returns is extremely unreliable at predicting future returns.  The variances and covariances are second moments, they are better.  Skewness and kurtosis, yet better.  The fact that the expected return can't reliably be estimated from past returns is the major downfall of the Markowitz method (resulting portfolios are often very crazy and will depend critically on the data period you use to set them up).   There are approaches to fixing this, such as Black-Litterman's (1992) method, but they get complicated fast."}
{"_id": "220848", "title": "", "text": "I think all taxes are theft, no matter who they come from.  Again, you haven't really substantiated any claim about your financial situation. Did you know I'm a black belt in Karate and was trained by Shaolin Warriors in the mountains ? I also am a billionaire single bachelor living on an island I bought in the Pacific Ocean.  I also love how you think bringing in the type of business you are supposedly a part of and taxes makes it any more legit. I majored in finance, you don't need to explain to me what an S-Corp is.  Additionally, I'm sure someone of your financial stature would have enough time to go on Reddit.  But fine, let's have this argument.  What does the private sector do better than the government.  Healthcare Roads/Utilities/Other Construction Security/Police Retail Technology/IT Finance/Banking Law/Contract Arbitration Automotive This list could go on forever.  Literally take your pick and we can begin  And yes, even people who advocate only higher taxes for the rich will end up with higher taxes for me (I.e. Bernie Sanders)"}
{"_id": "220853", "title": "", "text": "Reading stuff like this makes me want to go into the debt collection business. Just send letters to random people demanding money. Sounds like an easy way to make a living. What's your name and address? Just kidding. If they are sending stuff to a Virginia PO Box, close the box with no forwarding address and consider it case closed. If they are targetting you personally in New Hampshire, the best thing to do is to sue proactively before it goes to collection. New Hampshire has strict anti-debt-collection laws. Basically, what you do is go to small claims court and fill out a one-page form. Sue them for $2000, $3000 or whatever is convenient. Do not hire a lawyer. You can do this in 2 hours of your own time. Your grounds are: (1) Violation of the creditor of NH FDCA laws. According to the laws the creditor has to put all kinds of specific stuff in their threat letters. Since they are not doing this, they have violated NH FDCA. Read the FDCA so you know which specific items they are violating. (2) Extortion. Since you do not owe them any money, demanding money from you is extortion which is both criminally and civilly actionable. You sue them for mental anguish due to extortion.  The validity of your claims is irrelevant. You just need to get them in court. There are two possibilities: (A) They fail to show up. In this case you win and they owe you $3000 or whatever. Not only that if they later try to collect from you send a copy of the judgement to the credit bureau or collector or whatever and that is proof you owe them no money. (B) They hire some stooge local lawyer who appears. Accept the court's offer for arbitration. When you go into arbitration with the lawyer tell him you will drop the lawsuit if they send you a check for $500 and a hand-written guarantee from him that you will never hear from his client again. Either way, you come out ahead. By the way, it is absolutely guaranteed that the enemy lawyer will accept your offer in (B) above because the SEO company is already paying him $5000 to show up to answer your lawsuit, and the lawyer does not want to hang around all morning in court waiting for the case to be heard. If he can get out of there in half an hour for only $500 he will do it. -------------------------------UPDATE If all you are getting is calls and the caller refuses to identify themself, then it is definitely an illegal scam. It is illegal in New Hampshire to make collection calls and refuse to full identify who is calling. The phone company has methods for dealing with illegal calls. First you have to file a police report. Then you call Verizon Security at 1-800-518-5507 (or whatever your phone company is). They will trace the call and identify the caller. They you can make a criminal complaint in their jurisdiction unless the call is from Pakistan or something."}
{"_id": "220861", "title": "", "text": "Eh, a corporation owned in part by the person who directed the corporation to file for bankrupcy after the corporation lost a legal challenge, doesn't really mean much.  Corporations exist to protect shareholders for exactly this reason.  Sounds like this Bill Zanker person got hurt by the bankruptcy filing the most not Kiyosaki."}
{"_id": "220877", "title": "", "text": "LLC doesn't explain the tax structure. LLCs can file as a partnership (1065) Scorp (1120S) or nothing at all, if it's a SMLLC. (Single Member LLC). I really enjoy business, and helping people get started. If you PM me your contact information, id be more than happy to go over any issues you may have, and help you with your current issue."}
{"_id": "220885", "title": "", "text": "Noise reduction is another benefit of installing Plantation Shutters. Solid metallic nature of roller shutters keeps out the noise making your home a quiet space where you can relax and enjoy time with the family. They also afford a great deal of privacy from nosy neighbours and keep your valuables safe from the roving eye of thieves.For the best results, roller shutters must be manufactured and installed by professionals."}
{"_id": "220887", "title": "", "text": "Actually banks aren't required to (and don't) report on 8300 because they already report $10k+ cash transactions to FinCEN as a Currency Transaction Report (CTR), which is substantively similar; see the first item under Exceptions in the second column of page 3 of the actual form. Yes, 8300 is for businesses, that's why the form title is '... Received In A Trade Or Business'.  You did not receive the money as part of a trade or business, and it's not taxable income to you, so you aren't required to report receiving it. Your tenses are unclear, but assuming you haven't deposited yet, when you do the bank will confirm your identity and file their CTR. It is extremely unlikely the government will investigate you for a single transaction close to $10k -- they're after whales and killer sharks, not minnows (metaphorically) -- but if they do, when they do, you simply explain where the money came from. The IRS abuses were with respect to people (mostly small businesses) that made numerous cash deposits slightly under $10k, which can be (but in the abuse cases actually was not) an attempt to avoid reporting, which is called 'structuring'. As long as you cooperate with the bank's required reporting and don't avoid it, you are fine."}
{"_id": "220892", "title": "", "text": "Crystal Research and Technology - International Journal for Experimental and   Industrial Crystallography.  Describe your business and encourage people to   click on your link, like: We offer the best in modern design. Contact us for   a free consultation.  401k investments, Investment Advisors near Boston, Mutual funds"}
{"_id": "220898", "title": "", "text": "Opening capital = opening assests-opening liabilities"}
{"_id": "220928", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://bendominguez.com/blog/do-immigrants-reduce-wages-if-youre-a-native-probably-not/) reduced by 95%. (I'm a bot) ***** &gt; The logic here is that if natives are more likely to be in certain markets, and immigrants in others, it&amp;#039;s worth studying whether those immigrants can still lower native wages.  &gt; Immigrants tend to have a weaker command of the English language, so the range of potential things a native could do in the same market are much broader.  &gt; We favor these types of immigrants because they bring a lot of value to our economy, and we disfavor low-skill immigrants because we see them as competing against Americans who are most in need.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tssvo/do_immigrants_reduce_native_wages_probably_not/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191123 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **immigrant**^#1 **native**^#2 **wage**^#3 **work**^#4 **immigration**^#5\""}
{"_id": "220972", "title": "", "text": "You might check out Thrive. They're almost a carbon copy of Mint from the last I checked, but with some additional and (I think) more useful metrics. For instance, they seemed to help more to plan for future expenses in addition to keeping tabs on individual budgets the way Mint does. Everything is automated in the same way as Mint, though I'm not sure their breadth is as far-reaching now since Mint was bought out by Intuit. Nevertheless, whenever I've had a question on Thrive, I shoot it to the devs and I get a very personal and courteous response within the day. So it depends on what you're looking for: Mint can almost guarantee any US bank will be accessible through their site, however Thrive will work much harder to gain your favor."}
{"_id": "221014", "title": "", "text": "I had a chat with a coworker whose spouse also teaches music lessons. One interesting insight was that after raising prices, the children were much more likely to come prepared because the parents felt more invested when it cost them more. They were also less likely to cancel the lessons at the last minute. This is an argument in favor of TTT's suggestion to charge something even if we donate the income to charity. Along those lines it might also make sense to give discounts if the child comes prepared having practiced daily.  I agree that it's not a lot of paperwork for some additional pay, the problem is that I would also be tempted to buy a new piano and find other expenses to reduce the income. That's a discussion for another day.  I think the break-even point is probably somewhere around $1000/year when I weigh record-keeping time verses the income. So as long as we exceed that, I will probably encourage her to charge for the lessons even if she charges below the market for them. I will consider setting up a charitable giving account that they can pay to instead of paying us directly."}
{"_id": "221015", "title": "", "text": "If you read the link that MD-Tech provided, it actually indicates that the foreign companies (mostly banks) are choosing not to work with the United States in their latest answer, so it looks like it's not OkPay, but the financial companies that they use. On further research, the reason that this is banned is to prevent capital flight in the future.  OkPay offers may ways to transfer funds in and out, such as traditional credit cards, like VISA and MasterCard, and other non-traditional ways, such as crypto-coins.   Here is another example of how the US government is limiting what US consumers can do with their money.  Apparently while no one was looking in 2010, they were able to pass some new restrictions."}
{"_id": "221032", "title": "", "text": "We just declared bankruptcy, chapter 13, paying back all debtors over a 5 year period, 7% interest, no fees, no penalties, 100% payback.  Every one of our debtors was required to submit proofs of claim to the court, and those that did are getting everything that is owed to them.  Those that did not provide proofs of claim get nothing.  The bankruptcy finalized today (12/12/2011) and so far about $10k worth of debt has been disallowed by the court for their failure to provide proof.  The relief, both financially and emotionally has been tremendous."}
{"_id": "221033", "title": "", "text": "By Twitter Advertising in India that you can make use for marketing your products and services on Twitter. It is a popular social media platform that reaches a very vast audience and will help you in direct marketing with your target customers. SMO Companies India offers Twitter Advertising Plans at the affordable cost in India.\u00a0 http://smocompaniesindia.com/twitter-marketing-plan.html"}
{"_id": "221035", "title": "", "text": "Ashland Global Holdings Inc. (ASH) sold off their ownership in Valvoline Inc. (VVV).  Friday, May 12 was the distribution date of the sale; at the end of the day, every stockholder of ASH received 2.745338 shares of VVV stock for each share of ASH held.  That is why the value of ASH has dropped significantly on open this morning. Sources:"}
{"_id": "221038", "title": "", "text": "Between this and the FBI raid of the Yeshiva school getting a $1.2 million dollar grant for computers (When their children are forbidden from using them). Their incessant drive trying to get homeowner's in Tom River to close all cash so they can move in, their disgusting attitude towards women (not being able to sit next to a woman on El Al airlines), their pedophilic elders who molest children in bathhouses in Brooklyn, the East Ramapo school district takeover and their isolationism towards members of other community that they live beside, these types disgust me. It's not anti-Semitic, it's fuck these people in particular.   Extremism of any religion is terrible."}
{"_id": "221040", "title": "", "text": "\"&gt; ...those cross-party votes weren't going to change the result, unlike in your examples.  You make a fair case but I still don't agree this is justification for McConnell's inaction.  &gt; If they had somehow, someway, gotten even a tiny bit of Republican buy-in, we'd be having the debate about fixing and not replacinng.  You do know Democrats and Obama worked their asses off to get that?  [Republican leadership put tremendous pressure on members to deny Obama a victory and to make the bill seem partisan](https://newrepublic.com/article/72052/the-republican-health-care-blunder).  Do you remember [the health care summits held by Obama to ask what it would take for Republican support](https://www.c-span.org/video/?292260-1/white-house-health-care-summit-part-1) and the only thing the Republicans offered was \"\"scrap it all\"\"?  Is there anything else that you think Democrats doubled down on?  &gt; ...it's exactly that poisonous climate I'm so opposed to, and want to see diminished.  I applaud your goals.\""}
{"_id": "221050", "title": "", "text": "As you already mentioned, a traditional 401K is tax-deferred, so you don't pay any taxes on the money in the account until you retire.  A Roth 401K has already been taxed, so you don't pay taxes on withdrawal (assuming you withdrawal after 59 1/2 years of age) The Roth 401K is advantageous if you believe you'll be in a higher tax bracket than you are currently. This applies more so if you're out of school and your income is relatively small, but you think in 10-15 years you'll be making enough money to fall into the next tax bracket.  In essence, you can use a Roth 401K as a way of diversifying your retirement money across different tax structures. References: http://www.investopedia.com/terms/r/roth401k.asp http://www.marketwatch.com/story/is-a-roth-ira-better-than-a-roth-401k-2014-03-21"}
{"_id": "221058", "title": "", "text": "There's obviously a lot of discussion surrounding your question, but if I thought a bank was going under, then yes, absolutely I would withdraw my money. Now, we can debate whether me thinking the bank was going under was foolish or not, but if I truly believed it, I can't see why I would sit around and do nothing."}
{"_id": "221061", "title": "", "text": "\"Generally, ACH transfers are not considered direct deposits. However, you can pay for this service to various providers, and they will do the transfer so that it would be marked as a direct deposit. For example, Wells Fargo allows doing it using their \"\"DirectPay\"\" system. I happen to have a WF business account (free with conditions) where this service is available, but there are plenty of providers. It does cost money (for WF - $10 monthly fee + $0.50 for a transfer to non-WF account), but it may be worth it for you if the benefit is large enough.\""}
{"_id": "221065", "title": "", "text": "The biggest Gujarati Marriage Site offering Matrimonial profiles of Gujarati Brides and Grooms for shaadishoice.com. Join Now! to post Matrimony profile and photograph for Gujarati Matrimony. Gujarat state is arranged in the western area of India. Individuals hailing from the state are famous for their friendly nature, hard worker soul and solid feeling of having a place with their way of life. They have exaemplary ability and have a place with business class families. Gujaratis solidly trust in the establishment of marriage and incline within their community."}
{"_id": "221070", "title": "", "text": "\"You do realize the financial state of most older airliners, or the top guys has dramatically decreased since 2001. In fact many are on the verge of collapsing all together, American took a 3-4% drop to their overall gains this last quarter. The security measures have in itself added another problem to the entire air industry and just created a larger stigma as to why flying in US airports is bollocks.    If you think the US state department asked the airlines anything, you must be a little off on your politics. Anything NSA has their hands on won't ever ask cooperating parties what they think. Which again has been a dramatic reason as to why so many \"\"security\"\" orientated implementations since 2001 have been nothing but an extreme drain on already wobbly financial situations.   This tax could be the straw that breaks the camels back and some airliners may fold under or just stop going to those locations and charge more for international flights.\""}
{"_id": "221082", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/10/04/tillerson-called-trump-a-moron-says-report.html) reduced by 59%. (I'm a bot) ***** &gt; Secretary of State Rex Tillerson openly referred to President Donald Trump as a &amp;quot;Moron&amp;quot; after a July 20 meeting at the Pentagon, according to NBC News, citing multiple senior administration officials.  &gt; &amp;quot;I told Rex Tillerson, our wonderful Secretary of State, that he is wasting his time trying to negotiate with Little Rocket Man...,&amp;quot; Trump said in a tweet.  &gt; In its report, NBC said Tillerson&amp;#039;s top State Department spokesman, R.C. Hammond, denied that the secretary had considered quitting this summer and denied that Tillerson called Trump a &amp;quot;Moron.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/748mto/tillerson_reportedly_described_trump_as_a_moron/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~221883 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Tillerson**^#1 **Trump**^#2 **State**^#3 **Secretary**^#4 **officials**^#5\""}
{"_id": "221083", "title": "", "text": "First, on-line you mostly and vastly buy things that don't need to be tried first to see if they fit. Even in clothing, casual shirts, jeans, socks, underwear and shoes don't need to be tried first.  As for shipping costs, not if you are Amazon prime, and if you pay for shipping, it's cheaper than driving your car to the store and possibly paying for parking. Not to mention that time = money.  It's the old retailers fault too: very basic selection of only items that sell for high margin and always issues with inventory. **I lost count of how many times I went to a store and they did not have the shirt or pants I wanted in the size I wanted.**"}
{"_id": "221111", "title": "", "text": "Orange and green leafy vegetables provide beta - carotene, which the body converts to vitamin A protein foods. Half of a sweet potato or a large carrot provides the recommended daily allowance. If you don\u2019t eat healthy, you probably need to take supplements."}
{"_id": "221113", "title": "", "text": "&gt;if I loan you $500 a night every night for 5 days and those loans allow you to earn $100 totally risk free how much have I loaned you? Does it even matter, because the end of result is I essentially gave you $100.  A bank lends me $10k to start a business.  I eventually make $5 million dollars with my business.  How much was my loan?  DOESN'T MATTER, THE BANK GAVE ME $5 MILLION."}
{"_id": "221114", "title": "", "text": "Well that is one opinion on the CFA.  My opinion is that if you havent read any finance text books for a year, you probably aren't going to be too sharp on various topics during the interviews.  The CFA offers a way to keep your knowledge sharp.  I also got more interviews in the 3 months since I started studying for the CFA and listing that on resume then in the 6 months before hand, so it certainly helped me atleast get my foot in the door.  And I disagree that I am not trying hard enough.  I am certainly trying pretty fucking hard.  My post here is about trying to find a better more efficient route since merely trying hard is not a sufficient condition for getting a job."}
{"_id": "221117", "title": "", "text": "I'd roll them all into one account, just for your own convenience.  It's a pain to keep track of lots of different accounts, esp. since you need logins/passwords, etc for all of them, and we all have plenty of those.  :) Pick a place like Vanguard or Fidelity (for example), where you can find investment options with lower fees, and do the standard rollover.  Once all the accounts are rolled into one, you can think about how to invest the stuff.  (Some good investments require larger minimums, so if you have several old 401ks, putting them together will give you more options.) Rolling them over is not hard, if you have paperwork from each of the 401ks.  You might be able to DIY online, but I found it helpful to call and talk to a person when I did this.  You just need account numbers, etc.  If you are moving brokerage accounts, you may need to provide paper documents/applications, which might require getting them notarized (I found a notary at my bank, even though the accounts I was moving from and to weren't at my bank), which means you'll need to provide IDs, etc. and get a special crimped seal after the notary witnesses your signature."}
{"_id": "221125", "title": "", "text": "This one. Change it to something you can remember but is still not similar to any of your other passwords, because they still may have access. Actually, you should probably just start using different passwords for every site you use, LinkedIn has 100 million customers and they aren't salting? It means you can't trust any company right now."}
{"_id": "221146", "title": "", "text": "actually there is a surprising amount of libertarian politics i do agree with;  i even  think most of Ron Paul's criticisms are valid  - i just disagree with almost all of his solutions.  They're politically and economically  untenable.    Did you mean comments like my first comment or like my second?  My first was inflammatory, sure.  But if Paul actually has a plan in place for how we'll make do without the FAA, which his budget eliminates without further note, along with most cabinet departments and a host of other organizations, I am eager to hear it."}
{"_id": "221160", "title": "", "text": "\"Salut, c'est Vincent. La recherche d'efficacit\u00e9 coupl\u00e9e \u00e0 l'esprit de comp\u00e9tition est la pire des choses qui puisse exister. Et pourtant c'est ce que nous apprenons \u00e0 l'\u00e9cole, et de nos parents... En fait tu dois comprendre que cette mani\u00e8re de penser est le pilier principal du fonctionnement de notre \u00e9conomie. Tout le monde veut toujours plus et de plus en plus vite. Il te suffit de regarder comment ton patron se comporte lol ! Or il y a moyen de \"\"renverser la vapeur\"\", de faire autrement. Il y a moyen de faire autrement et d'une fa\u00e7on beaucoup plus respectueuse. Une fa\u00e7on respectueuse pour toi, pour les autres, pour tout le monde. C'est le concept de l'\u00e9conomie de partage. C'est \u00e0 cette \u00e9conomie de partage que je t'introduis ici ! N'h\u00e9site pas \u00e0 me contacter pour participer activement \u00e0 cette \u00e9conomie de partage et recevoir ce \u00e0 quoi tu as toujours eu droit. vincentmusschoot@gmail.com Skype ID: vi_mu_1 http://vincentmusschoot.com\""}
{"_id": "221169", "title": "", "text": "\"First of all, just for the sake of clarity, the Federal Reserve doesn't actually \"\"print\"\" money - that's the job of the BEP. What they do is they buy US Treasury bonds - i.e., loan money to the US government. The money they do it with are created \"\"from thin air\"\" - just by adding some numbers in certain accounts, thus it is described as \"\"printing money\"\". The US government then spends the money however it wishes to. The idea is that this money is injected into the economy - since the only way the US government can use the money from these loans is to spend them on buying something or give it to some people that would spend them.  As it is a loan, sometime in the future the US government would pay these loans back, and in this moment the Fed would decide - if they want to \"\"contract\"\" the supply of money back, they just \"\"destroy\"\" the money they've got, by erasing the numbers they created before. They could also do it by selling the bonds they hold on the open market and then again \"\"destroy\"\" the money they got as proceeds, thus lowering the amount of money existing in the economy. This way the Fed can control how much money is out there and thus supposedly influence inflation and economic activity.  The Fed could also inject money in the economy by buying any assets after creating the money - for example, right now they own about a trillion dollars worth of various mortgage-based securities. But since buying specific security would probably give unfair advantage to the issuers and owners of this security, usually US treasury bonds if what they buy. The side effect of increased supply of money denominated in dollars would be, as you noted, devaluation of dollars compared to other currencies.\""}
{"_id": "221171", "title": "", "text": "Speaking as someone who manages their own HR for their small office business and has been through this before and knows full well the additional work involved from everyone, you'd be a proper dick if you let that influence your decisions.   Yes I know it's difficult, but these are valued members of the team, human beings to boot, and I'll happily do the extra work. It's all part of being human. I know I could make it easy on myself and just hire men, but from a moral standpoint that's repugnant and I'd never bring myself to do that.   Plus, prior planning for these eventualities makes it smoother. Not seamless, but not a massive shock either."}
{"_id": "221182", "title": "", "text": "Just skimmed the article, but any mention of Uber/Lyft's role in this?  I've gotten so many rides in relatively newish Chrystler 200s , and always wondered why anyone would every buy one since it's consistently ranked last in the mid-priced sedan market in almost every metric.  My gut feeling when I read the headline is all those Uber/Lyft drivers who bought a brand new car to start driving left and ending up having to default on the car."}
{"_id": "221190", "title": "", "text": "Vamos paella is a unique culinary concept where our chefs will be cooking paella and tapas live at your gathering. You read that right! It\u2019s time to unwind and enjoy yourself in good company while our dedicated team takes care of all your Paella party needs. With a strong passion for fine food and excellent service, the team at Vamos paella would be delighted to help create and share the experience of putting together a truly special Paella catering event. Click here for more details: http://paellacatering.jigsy.com/entries/general/stylish-and-innovative-paella-parties-experience"}
{"_id": "221206", "title": "", "text": "\"The opposite of a cost is an investment. Buying a car is an expense, usually a sunk cost, whereas purchasing real-estate, e.g. productive farmland, is an investment. (Some investments are wasting assets, as the value decreases over time, but they are still investments with market value, not costs.) \"\"Sunk cost\"\" isn't a fallacy. It just means an expenditure that one cannot expect to recoup. The action item is, \"\"Don't throw good money after bad.\"\" The opposite of a sunk cost is an investment.\""}
{"_id": "221238", "title": "", "text": "So far the answer is: observe the general direction of the market, using special tools if needed or you have them available (.e.g. Bollinger bands to help you understand the current trend) at the right time per above, do the roll with stop loss in place (meaning roll at a pre-determined max loss), and also a trailing stop loss if the roll works in your favor, to capture the profits on the roll. This trade was a learning experience.  I sold the option at $20 thinking I'd get back in later in the day with the further out option at a good price, as the market goes back and forth.  The underlying went up and never came back.  I finally gritted my teeth and bought the new option at 23.10 (when it would have cost me about 20.20 before), i.e. a miss/loss of $3 on $20. The underlying continued to rise, from that point (hasn't been back), and now the option price is $29. Of course one needs to make sure the Implied Volatility of the option being left and the option going to is good/fair, and if not, either roll further out in time, nearer in time, our up / down the strike prices, to find the right target option.  After doing that, one might do the strategy above, i.e. any good trade mgmt type strategy:  seek to make a good decision, acknowledge when you were wrong (with stop loss), and act. Or, if you're right, cash in smartly (i.e. trailing stops)."}
{"_id": "221239", "title": "", "text": "You can convert your money at a money transfer office at an airport."}
{"_id": "221247", "title": "", "text": "It sounded an interesting question, so I looked it up. The reason I asked about the tax years is because it matters. If the bonus was paid, and then returned in the same year - it should not appear on your W2 at all, and your taxes would be calculated accordingly. You might end up with overpayment of FICA taxes, but you can get that credited on your tax return. If, however, the repayment is not in the same year as the payment, it becomes more complicated. The code section that deals with it is 26 USC \u00a7 1341. What it says, in short, is this: you can deduct the repaid amount from your current taxable income, but only if its more than $3000. The tax benefit of such deduction cannot exceed the actual tax paid on this in the year when you got the bonus (i.e.: you need to calculate that year with the amount, and without the amount - the credit cannot exceed the difference). But it can also not exceed the amount you would be paying on that amount in the current year (i.e.: if current taxes are less than that year - you lost the difference). If the signing bonus is less than $3000 and it spans across tax years - you cannot deduct it. Bummer."}
{"_id": "221253", "title": "", "text": "Old school redditors unite.  Yes the front page of reddit is shit now, but there is a wealth of awesome stuff under the hood.  I'm only subscribed to something like 2-3 front page reddits still, and a couple hundred small/niche ones."}
{"_id": "221277", "title": "", "text": "There are Patterns inside of Patterns. You will see short term patterns (flags / pennants) inside of long term patterns (trend lines, channels) and typically you want to trade those short term patterns in line with the direction of the long term pattern.  Take a look at the attached chart of GPN. I would like to recommend two excellent books on Chart Patterns. Richard W. Schabacker book he wrote in the 1930's. It is the basis for modern technical pattern analysis.  Technical Analysis and Stock Market Profits  Peter Brandt Diary of a Professional Commodity Trader. He takes you through analysis and trades."}
{"_id": "221281", "title": "", "text": "I've actually had the same problem several years running, and it's solved by filing my corporate taxes, then taking those schedules, and applying them to my 1040, along with a Schedule C  You'll want to work with an accountant on this, but basically you're going to take the total set of business expenses as 1 chunk, then write them off your income (as one chunk).  I always recommend an accountant for this, but that's the general idea that I've used, and for the last 10 years, it's worked great."}
{"_id": "221285", "title": "", "text": "No. I have partaken of but not lately. It's only become non-taboo here in the last 10 years and I was raised to think it was bad and people who do it are slackers or lazy and the like. I've thankfully grown out of that old way of thinking and now know how profitable it is and feel this is a good venture to begin building a nice portfolio. I'd also like to get into real estate and solar and wind as well"}
{"_id": "221288", "title": "", "text": "As the comments say it is still arbitrage. Arbitrage has nothing to do with the speed of execution or the type of order placed, it is commonly associated with automated trading but is not limited to it, which might be where the confusion comes in. The speed of execution is important for arbitrage trading because it lowers Execution risk  Here is some reading you might find interesting: They are pretty extensive. Statistical Arbitrage in High Frequency Trading Based on Limit Order Book Dynamics A limit order book model for latency arbitrage. How riskless is \u201criskless\u201d arbitrage?"}
{"_id": "221293", "title": "", "text": "Doesn't work as it would be inflationary.  Businesses would raise prices knowing they could get more revenue. This cycles throughout the supply chains which in turn cause prices of other products to increase etc.  And why on earth you wouldn't means test something like this beyond me."}
{"_id": "221295", "title": "", "text": "\"If I was in your shoes I would have some term insurance, and it is pretty darn cheap at your age.   Your wife is dependent upon your income, and it will take sometime to transition from non-working to working.  As she could probably get a job doing anything, it will probably take many years to build up to the lifestyle she is accustomed.  She may never be able to obtain your salary. While she could spend down the amount you two have saved up for retirement, tax will have to be paid on any non-ROTH contributions.  The decisions for this have to be made within a year of death and are not easy.  I would not want to put my spouse through this.   Plus some day she would have to retire.  If she spends down a significant portion of the savings you have built, well that will need to be replenished and you probably know time is not on one's side when it comes to compounding.   Do you have to have 10x-15x times your earnings in insurance?  No.  Do you need to do a 20 year level term, No.  Perhaps a 10 year level term for like 5x your income.  Just something to \"\"bridge the gap\"\".  If you live, you will be much better off financially, and could probably drop the coverage.  If you don't you will not leave her sad and with difficult financial decisions; just sad.\""}
{"_id": "221314", "title": "", "text": "I would expect a CISO/CSO (Edit: let's be clear - not CTO. Not CIO) to know about the current policies and to put their foot down when stupid shit like that is being done on a national level.  See also the employee passwords matching the user names."}
{"_id": "221319", "title": "", "text": "Security Analysis(very difficult for beginners )& Intelligent Investor by Benjamin Graham. All about(book series by McGraw) on Stocks,Derivatives,Options,Futures,Market Timings. Reminiscence of a Stock Operator (Life of jesse Livermore). Memoirs , Popular Delusions and Madness of the Crowds by Charles Mackay. Basics of Technical analysis includig Trading Strategies via Youtube videos & Google. Also opt for Seeking alpha free version to learn about portfolio allocation under current scenario there will be few articles as it will ask for premium version if you love it then opt for it. But still these books will do."}
{"_id": "221326", "title": "", "text": "Sure it's an issue. Not a legal one, but it's totally reasonable to not want to eat something because you think it's gross. That's the issue.  Note that I don't believe there was any wrongdoing by any party here. It wasn't the best reporting, and I don't approve of the practice, but all parties were well within their rights."}
{"_id": "221332", "title": "", "text": "**Here's a sneak peek of /r/hittableFaces using the [top posts](https://np.reddit.com/r/hittableFaces/top/?sort=top&amp;t=all) of all time!**  \\#1: [\\[Censored\\]](http://i.imgur.com/pxzP06P.png) | [62 comments](https://np.reddit.com/r/hittableFaces/comments/39dryl/censored/)   \\#2: [Savior of the Ham Beasts](http://i.imgur.com/qwNI13R.jpg) | [54 comments](https://np.reddit.com/r/hittableFaces/comments/39ec6q/savior_of_the_ham_beasts/)   \\#3: [This dumb Narwhal.](https://i.redd.it/zq53cu3fnlly.jpg) | [414 comments](https://np.reddit.com/r/hittableFaces/comments/5zkfsd/this_dumb_narwhal/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/5lveo6/blacklist/)"}
{"_id": "221337", "title": "", "text": "&gt; One of the best news I've heard today. That's the right way JetBlue, awesome gesture.  I don't know on this one. While it gives the warm fuzzies, all it means in reality is the seats will be all be sold out really fast.   The economist in me that I pretend to be while listening to Freakonomics in my car, wants to point to this quote, that I feel turned me around on this:  &gt;LEVITT: And consumer surplus is one of the most important things in economics. One of the incredible beauties of the market system is that for so much of what we buy, we would have been willing to pay way more for it than we actually have to. A great example is water. How much do we pay for water each month? I don\u2019t know what your water bill is. Mine is maybe $40. But think about how much we\u2019d be willing to pay for water. Water is \u2014 I mean we\u2019d be willing to pay almost anything for water, but it\u2019s really, really cheap. So in that way, the modern economy has arranged things so that we get things we need \u2014 like water and food \u2014 much more cheaply than we\u2019d be willing to pay. And that is really important. That is really the magic of the market.   &gt; DUBNER: To me what sounds like the problem is how do you measure that? Because I need to know what you in your head were willing to pay before you came to the store and then were confronted with the actual price. So how typically have economists measured those two numbers \u2014 what you pay and what you\u2019re willing to pay?  &gt; LEVITT: So, Dubner, you have never been more right about anything in your life than what you just said because we simply have no good ways to measure consumer surplus. Because we know what people pay, we can sometimes see that, observe how much they buy. But we never see what\u2019s inside their head, what their choice, what they would be willing to pay. If we\u2019re really going to estimate a consumer surplus, what you would want to do is you would want to take a consumer and somehow magically you\u2019d want to reproduce that consumer in 10 parallel universes.  source: http://freakonomics.com/podcast/uber-economists-dream/"}
{"_id": "221348", "title": "", "text": "They absolutely did. GS led the financing with BAML. AMZN also only has like 20B on the balance sheet if I'm remembering right. A 14B deal without taking out debt would be somewhat problematic given how much of it is regularly getting tied up in working capital."}
{"_id": "221362", "title": "", "text": "I dont really know any better than you. But, the kindle fire has gotten some very bad reviews and that could actually be a pretty big deal, if the return on investment doesnt pan out.  There is a long way down for amazon.  especially with a p/e of 95."}
{"_id": "221364", "title": "", "text": "Based on your numbers, it sounds like you've got 12 years left in the private student loan, which just seems to be an annoyance to me.  You have the cash to pay it off, but that may not be the optimal solution. You've got $85k in cash!  That's way too much. So your options are:  -Invest 40k -Pay 2.25% loan off -Prepay mortgage 40k Play around with this link: mortgage calculator Paying the student loan, and applying the $315 to the monthly mortgage reduces your mortgage by 8 years. It also reduces the nag factor of the student loan. Prepaying the mortgage (one time) reduces it by 6 years. (But, that reduces the total cost of the mortgage over it's lifetime the most) Prepaying the mortgage and re-amortizing it over thirty years (at the same rate) reduces your mortgage payment by $210, which you could apply to the student loan, but you'd need to come up with an extra $105 a month."}
{"_id": "221374", "title": "", "text": "If I have an iPhone for work purposes only (paid for by IBM through voucher or whatever) then I don't give a fuck what they tell me to do. If all I can do is run the phone app then fine, it's their money, I can always get my own phone.   But if I have my own iPhone and I volunteer to use it (instead of being out of communication from 5pm - 8am) and they turn around and tell me that a device that I bought and use for personal reasons is limited to whatever they decide to allow me to use, well forget that.   Edit: Also, this article points out that IBM is behind the times again. It blows my mind that a technology company didn't have a well thought out and communicate an external technology policy prohibiting the use of software like dropbox or gmail for work stuff. Really the policy hasn't been updated in 2 years? Did it only cover MegaUpload before? And now the cats out of the bag so they have to be heavy handed in their approach. I can also see why some of the outrage exists over the 'no cloud but ours'. Having been forced to work in a LotusNotes and Sametime office I can only imagine how awful IBMs corporate cloud offering is. You probably need a TN3270 emulator to access your files :D"}
{"_id": "221378", "title": "", "text": "I absolutely abhor Best Buy.  I'm always torn on what I'd do if they went out of business.  I'd at least dance on their downfall, but would I be a vulture at their liquidation sales?  I like the idea of discounted technology, but I don't want to do anything to help them in any form or fashion."}
{"_id": "221386", "title": "", "text": "I don't still have an account there, but ING Direct used to do that for you. They would set it so money would be freed up every 6 months but after a while you would have like 5-year ones to maximize returns."}
{"_id": "221409", "title": "", "text": "You can make a conditional offer with a clause for this kind of thing.  If you go through an agent or in some case your notary can probably help you out for this.  In some cases, with the market as it is, a seller might refuse your offer out of hand if it is conditional but if you need to be sure, it is probably worth including. Look here for a nice overview http://www.wisegeek.com/in-real-estate-what-is-a-conditional-offer.htm"}
{"_id": "221426", "title": "", "text": "It is a very bad idea in almost all circumstances to borrow/withdraw from an IRA (or other retirement account) for a down payment on a house and I would only suggest it as a last resort. Even as a last resort it is a bad idea, and I'd suggest you aren't ready to buy a house until you have enough non-retirement money to do the deal. In your case you have money in savings, you should absolutely do that. If you don't feel comfortable using your emergency fund, you need to keep saving until you can afford to buy a house. Your retirement fund isn't a piggy bank for when you need money now, it is a payment you make to keep a decent lifestyle later in life. When you are retired your options for alternate income streams will be much more limited.  The biggest hidden cost is the opportunity cost of not having that money working for you. Your final retirement balance is very likely (when done correctly) going to be mostly comprised of the return on your investment more so than the money you put in. While you are young your greatest asset is time for that money to grow, don't throw that away when you have viable options! The other problem, if you are talking about an employer plan (401K/Roth) is that if you lose your job you will have 60-90 days to pay back the loan or it will be considered a distribution and subject to taxes plus a 10% early withdrawal penalty. This happened to a bunch of my friends from work when our company got bought by another company forcing them to close the old 401K plan and transfer to the new one. Short version: Don't touch retirement money for non-retirement things unless it is a life/death emergency and you have no other options."}
{"_id": "221427", "title": "", "text": "With a short position you make your money (profit) when you buy the stocks back to close the position at a lower price than what you bought them at. As short selling is classed as speculation and not investing and you at no time own any actual assets, you cannot donate any short possition to charity. If you did want to avoid paying tax on the profits you could donate the proceeds of the profits after closing the position and thus get a tax deduction equal to the profits you made. But that raises a new and more important question, why are you trading in the first place if you are afraid to make profits in case you have to pay tax on those profits?"}
{"_id": "221431", "title": "", "text": "As per my comments, I think this is up to you and how much work you want to put forth.  I do not feel it is trivial to provide documentation even with 90% of it will be the same among lenders. See this question: First answer, third and fourth paragraphs. You need to go as far as understanding the total cost of the loan, you probably need a good faith estimate.  I would also compare a minimum of three lenders."}
{"_id": "221435", "title": "", "text": "\"From my limited experience with foreign exchange... Money is a commodity.. people buy it and sell it like other products.. if \"\"money\"\" is in demand the price goes up.. this is the case when a countries stocks are hot, and you need to purchase that countries currency to buy that stock... I've also seen the currency rise on news and speculation.  Many years ago, I administered foreign receivables... My job was to settle letters of credit from Britain... I remember on one ocassion Margaret Thatcher said something to upset the markets.. her remark caused the price of the UK pound to fluctuate.\""}
{"_id": "221439", "title": "", "text": "When getting a car always start with your bank or credit union. They are very likely to offer better loan rate than the dealer. Because you start there you have a data point so you can tell if the dealer is giving you a good rate.  Having the loan approved before going to the dealer allows you to negotiate the best deal for the purchase price for the car. When you are negotiating price, length of loan, down payment, and trade in it can get very confusing to determine if the deal is a good one. Sometimes you can also get a bigger rebate or discount because to the dealer you are paying cash. The general advice is that a lease for the average consumer is a bad deal. You are paying for the most expensive months, and at the end of the lease you don't have a car. With a loan you keep the car after you are done paying for it. Another reason to avoid the lease. It allows you to purchase a car that is two or three years old. These are the ones that just came off lease. I am not a car dealer, and I have never needed a work visa, but I think their concern is that there is a greater risk of you not being in the country for the entire period of the lease."}
{"_id": "221455", "title": "", "text": "If you don't mind being a terrible person to achieve personal success - it is a good book. I've had to non-pleasure of doing business with this guy and he is an absolute ass. He will weasel out of this because he is good at what he does."}
{"_id": "221477", "title": "", "text": "I second the Yahoo! Finance key stats suggestion, but I like Morningstar even better: http://quote.morningstar.com/stock/s.aspx?t=roic They show projected yield, based on the most recent dividend; the declared and ex-dividend dates, and the declared amount; and a table of the last handful of dividend payments. Back to Yahoo, if you want to see the whole dividend history, select Historical Prices, and from there, select Dividends Only. http://finance.yahoo.com/q/hp?s=ROIC&a=10&b=3&c=2009&d=00&e=4&f=2012&g=v"}
{"_id": "221479", "title": "", "text": "I can tell you the reason the people who are calling you think you ought to use life insurance as an investment. What they will tell you: It is a way to avoid taxes. What they are thinking: It is a way for me to sell an investment with a huge commission. Whole life insurance as an investment really doesn't make sense for all but a very small minority of investors. If you have people that depend on your income to survive, buy term life insurance. It is much more practical and affordable."}
{"_id": "221499", "title": "", "text": "If your account drops close to zero, Wells Fargo will choose that moment to apply their monthly maintenance fees so they can also apply overdraft fees. Its not that they are irresponsible, its that a much better equipped entity is exploiting the situation to bleed them dry."}
{"_id": "221502", "title": "", "text": "I was in that same situation years ago with my parents. One way she could apply for a loan in her name without her parents is if she is not currently living with them she shouldn't need them to cosign if she doesn't have bad credit. But if she isn't living with them and they aren't financing her room and board they can't claim her as a dependent so if she really wants to stick it to them she can go and try to politely explain how the loans work and tell them if they don't cosign for her then she will apply on her own (which she can only do while not living with them I believe but not sure) and they will HAVE to STOP claiming her as a dependent on their taxes. If they don't agree she can put her foot down and force them to stop claiming her and tell them she will file her own application anyway and if they continue claiming her and get in trouble for it it's their own fault cause she warned them to stop first. They may agree to cosign rather than lose her as a dependent if it makes that big of a difference on their taxes, if they don't then she can forcefully punish them financially and their taxes will go up. Those were my choices when my parents refused to cosign for me to live at school but that was back in 1999-2000 and things may have changed since then, things also change state by state and I live in PA."}
{"_id": "221564", "title": "", "text": "\"This does not apply to Roth IRAs. It defines the difference between the two depending on what your age is when this happens. If you are 59 or younger, you have a 10% penalty in addition to taxes. If you are between 59.5 and 70, there is no penalty, but you do have to pay taxes. If you are 70.5 or older, then you MUST withdraw money, and that withdrawal is called the \"\"required minimum distribution\"\" and you pay taxes on it as if it were income.  In terms of investments, the two are the same in that the earnings you make on your investments grow tax free.  Here is more information between the two.  *Improvements are welcome for my answer.\""}
{"_id": "221572", "title": "", "text": "I agree with that, but this study can't have been conducted over the long term. I'm just pointing out that just because the rates of increase are different doesn't necessarily imply a high margin of error.   Could be a high margin of error, of course, just saying the difference doesn't imply this."}
{"_id": "221591", "title": "", "text": "\"While a top tier software engineer may be more inclined to accept a job at Google, you better believe they're also being recruited by Goldman Sachs and Bridgewater.   The \"\"Quant fund\"\" concept isn't unique, Two Sigma's recent success however is.\""}
{"_id": "221596", "title": "", "text": "\"Listen asshole, you clearly have an opinion on the thing, but you're going around wielding it like it's a fucking club.  A pretty clear sign you should be sitting at the kid's table.  Furthermore, it's a goddamn opinion and yet you're sitting here - not helping OP in the slightest, mind you - attempting to verbally attack a stranger.  Does that make you feel like a big man Mr. anonymous internet guy that's clearly got an ego problem?  Maybe you're right, maybe you're wrong.  I happen to know that it would make him stand out more than NOT having one - something you can't prove wrong no matter how many job descriptions you look at.  It stands out - period - otherwise people wouldn't get them.  How is this not clear to you?  The whole problem is that you're acting like a child, an asshole, and proving that you don't understand the first thing about business - treat people fairly.  So if you think I'm inexperienced, I guess I'd have to consider the source.  My guess is that you don't stack up very well, or that you're a millennial that believes he's entitled to something he hasn't earned, like respect.  Why don't you grow up, and when you're ready to be an adult I'll talk to you again.  In the mean time, however, I'm just going to report you to the mods for being a dick so they can ban you.  There's no place for that here, especially for someone who \"\"supposedly\"\" has an MBA.  Figured you'd be able to handle yourself as an adult by now.\""}
{"_id": "221600", "title": "", "text": "It's not really a 1st-amendment issue, but that doesn't mean that this part of the contract would hold up in court. All I'd need is the name of a couple that got married there and I could probably rack up $2,000 in fines for them by claiming I was at their wedding and leaving a negative review."}
{"_id": "221605", "title": "", "text": "Sometimes there are credit cards that offer a (promotional) 0% APR on transfers with no transfer fees.  It can be a good option to move the money to one of these if you're disciplined enough to keep hacking away at the debt before the APR jumps."}
{"_id": "221627", "title": "", "text": "As you point out, the moving average is just MA(k)t = (Pt-1 + \u2026 + Pt-k )/k and is applied in technical analysis (TA) to smooth out volatile (noise) price action. If it has any logic to it, you might want to think in terms of return series (Pt - Pt-1 / Pt-1) and you could hypothesize that prices are in fact predictable and will oscillate below and above a running moving average.  Below is a link to a study on MA trading rules, published in the Journal of Finance, with the conclusion of predictive power and abnormal returns from such strategies. As with any decision made upon historical arguments, one should be aware of structural changes and or data mining.  Simple  technical trading rules and the stochastic properties of stock  returns Brock, W., J. Lakonishok and B. Le Baron, 1992, Simple technical trading rules and the stochastic properties of stock returns, Journal of Finance, 47, 1731-64. MA rules betterthan chance in US stock market, 1897-1986 I don't know whether you are new to TA or not, but a great commercial site, with plenty of computer-generated signals is FinViz."}
{"_id": "221630", "title": "", "text": "I mostly eat mcdonalds when in my home town, if I'm 'away' I don't eat it as much. I know enough about the family that owns the mcdonalds here and it doesn't surprise me that things are as consistent as they are. I'm sure ownership plays a big role into the quality and consistency of the franchises."}
{"_id": "221642", "title": "", "text": "Social programs help millions and millions. Increasing military spending more than where it is just widens our lead in a dick measuring contest we've already won by a good margin. No one is saying don't have a military, just be reasonable about how much more you need."}
{"_id": "221643", "title": "", "text": "Well, there's also the customization.  I remember back in the day before their bankruptcy when their customization involved a full on salad bar so you could top your burgers with bacon and chicken fingers.  I miss those days."}
{"_id": "221664", "title": "", "text": "\"Short answer - matching your firms stock record or box to the records of a depository or fund family. Any differences are referred to as \"\"breaks\"\" and need to be resolved promptly otherwise action like covering or moving to suspsense are required.   There are rules surrounding suspense, that may be valuable reading.  Let me know if you have any specifics or want more detail. I made a few assumptions but that is the broadest view of a firms asset reconciliation (FINRA passed some recent rules that take this even deeper into \"\"firm\"\" accounts).\""}
{"_id": "221676", "title": "", "text": "The S.E.C. is just a training camp for financial consultants hired by CEOs of multinational firms.  Remember how many people were sent to jail after the financial collapse and the housing bubble?  That's about how many you can expect to go to jail this time, too.  The worst that will happen is minor fines dwarfed by the amount of money made in any illegal activity that may have occurred.  It isn't so much that government has any real problem with white-collar financial crime per se; they just want to make sure they get a cut."}
{"_id": "221678", "title": "", "text": "I think it is yes. Although the fed will try and control it. Inflation will be good for the economy as long as it doesnt happen too fast.  Basically they need to balance keeping peoples assets from plummeting in value and having peoples wages stay at pace with growth and rising costs"}
{"_id": "221698", "title": "", "text": "I am of the strong opinion that life insurance should be purchased as a term product and nothing more. The internal expense is usually high, the returns, poor and the product disclosure is often incomprehensible. The only purpose Cash Value Life Insurance serves, in my opinion, is to fund the retirement and college educations of those selling it."}
{"_id": "221715", "title": "", "text": "\"If you bought them, you can sell them.  That does not preclude you from buying again later. You might get yourself into a situation where you need to account for a so-called \"\"wash sale\"\" on your taxes, but your broker should calculate that and report it on your 1099-B at the end of the year.  There's nothing illegal about this though - It's just a required step in the accounting of capital gains for tax purposes.\""}
{"_id": "221724", "title": "", "text": "Oh, huzzah.  'I'm on the plane.  What are...No...No, I'm on the plane!  The plane?  I'm...what?...hang on...what?  No.  No, ON THE PLANE!  I'm...yes, the plane.  Nothing, really.  What are you up to?  I said what are...just a...I SAID WHAT ARE YOU UP TO....oh, hang on, someone's trying to smother me with a complimentary pillow...'"}
{"_id": "221746", "title": "", "text": "Yes, I really don't disagree with anything that you're arguing regarding social mobility. In general, the lack of social safety net in the US and UK don't enable social mobility.  I would also point out that rich kids tend to inherit and so tend to stay in the class with which they were born to. For instance, I know a lawyer whose son is a stereotypical fuck up. Sure, he'll have six figure income all his life due to inheriting dad's money, but he'll never earn anything on his own. Is that success? I don't think so.  I would also assert that the point is more salient in the middle class. Just because my parents are middle class doesn't mean that I would be middle class. There's quite a few ways that I could have veered off and ended up quite poor. I know a consultant who was solidly middle class who's son flips burgers for a living. Said son is a bloody smart person from what I heard, but never got his shit together.  So yes, I agree that decreasing social mobility is a problem. I'd also argue that success is only predicate on luck."}
{"_id": "221747", "title": "", "text": "One can have a self-directed IRA. This is not like a Schwab, eTrade, etc IRA. It has a special type of custodian that knows how to manage it.  I became aware of such an account as a way to purchase a rental property. There were two issues. The type of property I looked at wasn't anything a bank was willing to finance. And the rules regarding self dealing added a potential layer of expense as I technically could not perform the simplest of things for the property.  For you, the obstacle looks like self-dealing. Any IRA can only be funded with cash or transfer/conversion from another IRA/401(k). I don't know how you would get the intelligent property into the IRA in the first place. Once you own a patent, or anything else, you can't sell it into the IRA.  It's at times like this that member littleadv would suggest this is the time to talk to a pro before you do anything hazardous to your wealth."}
{"_id": "221754", "title": "", "text": "The thing is with automation is scale. You need a size of business to justify the capital cost and if plant goes down, you need to be able to afford the downtime (multiple machines) otherwise you will have issues particularly in retail.  The largest franchises may have little problem affording burger robots but smaller ones?"}
{"_id": "221760", "title": "", "text": "If you are exchanging money for travel then you should not have to pay any capital gains on any exchange that is in your favour. Exchanging currency for travel is different from trading currencies for an attempt at making profits."}
{"_id": "221768", "title": "", "text": "The companies may be crappy and doing this on purpose, but I think a large part of it has to due with the sheer enormity of our country.  We're *really* spread out compared to almost every other country (except Russia)...  They just need a lot fewer cell towers to cover an area, so they can pay for each tower to be better  just look at the area between the US and several other countries (all in square miles) from wolfram alpha      United States:    3,719,000     Japan:              145,882     England:             94,508     France:             211,209     South Korea:         38,023     Poland:             120,728     Italy:              116,348     Germany:            137,846"}
{"_id": "221776", "title": "", "text": "They are a blueprint with very fuzzy boundaries, which do not in any way completely determine who an individual is as a person. The environment makes further alterations to this blueprint, and finally free will and consciousness allow yet another way to determine how we act and think."}
{"_id": "221784", "title": "", "text": "Check with the state that you lived in. Inactive accounts typically get turned over to the State Treasury or Comptroller to be claimed. The time is typically set by statute. Hopefully, you don't live in a state like California or Arizona that treats abandoned property like booty."}
{"_id": "221785", "title": "", "text": "Aren't we doing something wrong if we must restrict people's financial transactions to be safe?  PS: To clarify: Shouldn't we arrange our lives in such a way that our safety isn't dependent on what financial transactions banks or others engage in?"}
{"_id": "221791", "title": "", "text": "There used to be programs to help miners switch to new jobs. There's a few still out there but I doubt the new administration will make training miners a priority. They pretty much voted against their best interest in the long run for short end jobs."}
{"_id": "221792", "title": "", "text": "Cut back where exactly? Cut out 100% of social spending and you still have a deficit. So we cut back 20% of every Program including military, we now break even. 10s of millions now homeless and dying, unemployed, and starving. Or the 500 companies who make 1 trillion after taxes you make them pay for the deficit."}
{"_id": "221795", "title": "", "text": "There are several problems with your reasoning: if I buy one share of GOOGLE now for $830, I could have $860 within the end of tonight -- totally possible and maybe even likely. You can do the same thing with 1,000,000 shares of google, and it's just as likely to go down as go up.   if I were to invest $1,000.00 in gold to have $1,000.00 worth of gold, it's no different than keeping $1,000.00 in cash It's VERY different.  Gold can be just as volatile as stocks, so it certainly is different as just keeping it in cash. Benefits of a larger portfolio:"}
{"_id": "221803", "title": "", "text": "This is really a question for the paypal folks. as I understand it however, when you setup a paypal account, you are granting it access to your back account, so when you make a payment using paypal, it takes money directly from your bank account, and if you get paid for something via paypal, the money goes directly into your account. If that's not how they paypal account you have is working, then you need to get help from paypal to figure out how to make it work for you."}
{"_id": "221810", "title": "", "text": "I used to buy black bean burgers from Costco as occasional quick meals on the go. Reasonably tasty, reasonably healthy and super quick to microwave. Then I ate three in one night in the middle of moving apartments. The smell coming out of me almost made my roommate change his mind about moving in with me. Haven't eaten a vegetable based burger since."}
{"_id": "221834", "title": "", "text": "\"It's in the last paragraph after the video.  Frankly the whole article is less than objective. That's cool, I guess, they're entitled, but I only thought it silly to assert that McDonalds didn't succeed because the food is shit.  It's been shit for decades.  EVERYBODY KNOWS THIS.  I lived in Northern Spain in the nineties when my particular area got its first McDonalds.  Since I was the only American most people knew, we all went there for its inauguration, a little mini-event to have fun.  They pitted their Basque food against this McDonald's thing that was supposed to be so good.  I chuckled internally, because there is NO comparison.  McDonalds vs. a chuleta served during cider season or even a hamburger you make in your house?  Comeon. So anyway we all order Big Macs and afterward they all said in disgust, \"\"That was shit.  Why do you people eat this shit?\"\"  Haha.    I told you it was shit.    Why do Americans eat it?  Right of passage for young males?  I don't know really.  Anyway, they all expressed their universal scorn, but the place was booming and continued to boom.  Sometimes people just like foreign different stuff once in a while, I guess.\""}
{"_id": "221838", "title": "", "text": "There are probably specific laws that control landlord/tenant rent disputes. But your friend's argument assumes that there aren't. Let's assume that there aren't. So there are two possibilities. Either the contract directly addresses this issue or it doesn't. If the contract directly and specifically addresses this issue, then that controls. Your friend is not claiming that it is specifically addressed. So the general principle is this -- when something occurs within a contract that wasn't explicitly discussed by the parties, courts will try to figure out what the parties likely would have agreed to had they discussed the specific issue (without changing the agreed terms of the contract). This should produce the result that is fair to both parties. Your friend is arguing then that had he and the landlord discussed the issue, the landlord would have agreed that in the event he is no longer able to accept credit cards easily, your friend could live there rent free. That doesn't seem right to me. Does it seem right to you? Much more likely they would have agreed that he might have some leeway to work out a new payment scheme and maybe some late rent should be forgiven if he made an attempt to pay on time but couldn't make arrangements. But I don't see more than that being reasonable."}
{"_id": "221848", "title": "", "text": "\"There's an old saying among commodities producers... If it's likely to happen, but won't kill you, you hedge (save/\"\"self-insure\"\", options, futures). If it's not likely to happen, but would kill you, you insure.  Hedging and insuring are both about managing risk. If you feel there is no risk at all, you don't need to do either. But feeling that you have no risk at all is somewhat naive.\""}
{"_id": "221854", "title": "", "text": "\"&gt; Former Ku Klux Klan leader David Duke praised Trump's remarks on Twitter.  ...  &gt; The founder of the Daily Stormer, a neo-Nazi and white supremacist website that considers itself a part of the alt-right, celebrated the fact that Trump \"\"outright refused to disavow\"\" the white nationalist rally and movement. &gt; &gt;\"\"People saying he cucked are shills and kikes,\"\" wrote the founder, Andrew Anglin. \"\"He did the opposite of cuck. He refused to even mention anything to do with us. When reporters were screaming at him about White Nationalism he just walked out of the room.\"\"  http://www.businessinsider.com/david-duke-thanks-trump-for-condemning-the-leftist-terrorists-in-charlottesville-2017-8\""}
{"_id": "221869", "title": "", "text": "\"If the stock is below its purchase price, there is no way to exit the position immediately without taking losses. Since presumably you had Good Reasons for buying that stock that haven't changed overnight, what you should probably do is just hold it and wait for the stock to come back up. Otherwise you're putting yourself into an ongoing pattern of \"\"buy high, sell low\"\", which is precisely what you don't want to do. If you actually agree with the market that you made a mistake and believe that the stock will not recover any part of the loss quickly (and indeed will continue going down), you could sell immediately and take your losses rather than waiting and possibly taking more losses. Of course if the stock DOES recover you've made the wrong bet. There are conditions under which the pros will use futures to buffer a swing. But that's essentially a side bet, and what it saves you has to be balanced against what it costs you and how certain you are that you NOW can predict the stock's motion. This whole thing is one of many reasons individuals are encouraged to work with index funds, and to buy-and-hold, rather than playing with individual stocks. It is essentially impossible to reliably \"\"time the market\"\", so all you can do is research a stock to death before making a bet on it. Much easier, and safer, to have your money riding on the market as a whole so the behavior of any one stock doesn't throw you into a panic. If you can't deal with the fact that stocks go down as well as up, you probably shouldn't be in the market.\""}
{"_id": "221873", "title": "", "text": "\"Shem - I recommend looking into online banks or credit unions. I know ally has around ~0.8% rate on their savings accounts NOT MMS. Meaning you don't need a ~$2,500 minimum balance so your money is COMPLETELY liquid. CD's and MMC/S are worth next to nothing, and if you ask me are pointless with the minimum balances they require. Ally also reimburses you for all ATM withdrawal fees, meaning you have complete access to all your money, with next to no minimum, with at least some % back that is comparable to CD rates currently offered. CD's are around ~1.8-2% with tens of thousands of dollars (50-75k+) which isn't worth keeping \"\"liquid\"\",if you would consider CD's liquid (because you can withdraw on a penalty or have laddered CD's), unless you're rich and that's your emergency fund. If I were you I would look into a retirement account, and saving what you need to in an Emergency Fund. Check out a 401(k), Traditional IRA or Roth IRA. They each have their benefits and you need to assess your financial situation before picking one. I would recommend spending a great deal of time researching this before making your decision, because switching from one to another could cost you, depending on your choice. This is, of course, if you live in the U.S.\""}
{"_id": "221879", "title": "", "text": "Part of Applebee's appeal is that if you bring a group, everyone will find something they like. I imagine they get a lot of non-adventurous eaters and a lot of families. They could surely cut down the menu some, but too much and they risk losing that reputation."}
{"_id": "221881", "title": "", "text": "\"Covered calls, that is where the writer owns the underlying security, aren't the only type of calls one can write. Writing \"\"uncovered calls,\"\" wherein one does NOT own the underlying, are a way to profit from a price drop. For example, write the call for a $5 premium, then when the underlying price drops, buy it back for $4, and pocket the $1 profit.\""}
{"_id": "221912", "title": "", "text": "My level of analysis is not quite that advanced. Can you share what that would show and why that particular measure is the one to use?  I've run regression on prices between the two. VIX prices have no correlation to the s&amp;p500 prices. Shouldn't true volatility result in the prices (more people putting options on the VIX during the bad times and driving that price up) correlate to the selloff that occurs within the S&amp;P500 during recessions and other events that would cause significant or minor volatility? My r2 showed no significance within a measurement of regression within Excel.  But, *gasp* I could be wrong, but would love to learn more about better ways of measurement :)"}
{"_id": "221919", "title": "", "text": "\"Saying this to addicts makes you an asshole because this is patronizing as hell, which was already mentioned. If the solution were as simple as \"\"smoke weed instead of taking pills\"\", don't you think addicts would already be doing that?   The fact that you don't understand why this is patronizing and unhelpful is why you shouldn't be speaking on the subject.\""}
{"_id": "221933", "title": "", "text": "The more I read of these articles about Uber/Lyft etc. and the superior service that they are offering over taxi companies, the more I think about the increasingly strong links between Uber and the Google self-driving car.   When self-driving vehicles are available the service will be even better - where the service provider will be embarrassed about, and probably offering discounts to, anyone waiting more than 10 minutes.  Once self-driving vehicles are available then all of these confrontations over Uber vs the taxi industry become moot. If regulations won't allow me to use Uber, and I don't want to wait for a taxi, then I can just order a self-driving vehicle from a car rental company. It will essentially offer me exactly the same chauffeur(less) service, but without the regulations hampering delivery of the vehicle.  If, as can be expected, extra regulations are put in the way of car rental companies, then I will join a car sharing company and order a self-driving one to deliver itself to me. It will essentially offer me exactly the same chauffeur(less) service, but without the regulations hampering delivery of the vehicle.  TL;DR - The writing is on the wall for taxi companies - Uber is the start, but the arrival of self-driving cars will signal their demise."}
{"_id": "221938", "title": "", "text": "Employer matches (even for Roth 401Ks) are put into traditional 401K accounts and are treated as pre-tax income.  Traditional 401K plans are tax deferred accounts, meaning you won't owe any taxes on it this year, but will have to pay taxes on it when you take the money out (likely after retirement). 401K contributions (including the match) are reported to the IRS and are entered in box 12 on the W2 form."}
{"_id": "221968", "title": "", "text": "Learn how to earn a second income without taking a second job. Bulk candy vending is a remarkable source of passive income. A single well placed and optimized gumball machine can bring in $70-200 per month. That same vending machine can be bought used for under $100. In this book I provide a road map and everything you need to know to start your business and turn it into an empire."}
{"_id": "221978", "title": "", "text": "\"No. Amazon is a reputable company. Many stores have their own credit card. Additionally they have several cards available, through Visa and Discover. Neither would allow their name to be used knowing that a company was using it to scam people. And credit card companies are used to going after people with the full force of the law on their side. It's the only way they stay in business. I would read the terms and conditions, but as is, it is not a scam. But a free $50 seems to good to be true. Nothing is free. Having their credit card is significant. Look into the ownership of a credit card and how credit card companies make money. And \"\"gift cards for credit cards\"\" are common. In fact, some companies give away money just to fill out an application even if you turn down the card.\""}
{"_id": "221981", "title": "", "text": "http://AdamAndEve.com use the coupon code \u201cFIRST50\u201d at the check out and get 50% OFF on almost ANY single item, FREE Shipping, FREE 3 HOT DVDs and a MYSTERY Gift! HURRY NOW!  The Adam and Eve Beginner\u2019s Power Pump is very easy to use especially if you are having some mild erection concerns or having troubles maintaining erection. Its non-crimp hose will give you a lot of flexibility.  And if you\u2019re also into looking for a new sensation this penis pump is usually a great tool that you may toss into the mix. The squeeze bulb pump is made of medical grade material.  Product Page: http://www.adameve.com/adult-sex-toys/penis-pumps/sp-ae-beginners-power-pump-76610.aspx  Subscriber My Channel: https://www.youtube.com/channel/UC9zuNrqVLwkwL3a9QPHoneQ More Videos: https://www.youtube.com/channel/UC9zuNrqVLwkwL3a9QPHoneQ/videos"}
{"_id": "221990", "title": "", "text": "American Century has their Heritage Fund: https://www.americancentury.com/sd/mobile/fund_facts_jstl?fund=30 It has a good track record.  Here are all the mutual funds from American Century: https://www.americancentury.com/content/americancentury/direct/en/fund-performance/performance.html A mutual fund is a good wayway to go as it is not subject to fluctuations throughout the day whereas an ETF is."}
{"_id": "221998", "title": "", "text": "For most people the standard deduction makes all of those itemized deductions (like state taxes paid) moot because they add up to less.  If he's doubling the standard deduction, then you'd need a lot more things to be deductible before it would be worth itemizing.  As for what you're proposing, It sounds like it would be beneficial to a lot of people.  I wonder what the total tax revenues would be for it."}
{"_id": "222000", "title": "", "text": "Perhaps. A large portion of Staples' business is B2B. They supply many businesses with office supplies and office equipment. They also offer what the industry calls 'punch out' API connectivity which allows businesses to order through their internal portals directly to staples with an integration into their internal procurement systems."}
{"_id": "222006", "title": "", "text": "Do you expect people who work at Sears to have a large allotment of skill assets in the first place?  Afterall I put Sears only a peg or two above McDonalds after adjusting for coming home smelling like fast food."}
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{"_id": "222030", "title": "", "text": "Maryland is one of only two states (as of the writing of that article) that collects both inheritance tax and estate tax. These are two different issues, and it's important to differentiate between them sufficiently. I can't provide you a definitive answer, so consult a tax professional in Maryland for specific details to make sure you don't run afoul of tax authorities. This blog has a nice summary of the differences, as of 2012: The estate tax is assessable if more than one million dollars passes at death.  The total dollar value of the property determines whether there is an estate tax.  The inheritance tax is not dependent upon the value of the estate, as even very small estates can have inheritance tax imposed.  Inheritance tax is assessed on property given to a person who is further removed in relationship than a sibling.  Thus, for example, a 10% tax will be assessed on property passing to a cousin, niece, nephew or friend.  Another section of the page states, as an example: If you give someone $10,000 in cash, the inheritance tax will simply reduce the amount inherited \u2013 in this case to $9,000. There are several other exemptions to the inheritance tax in addition to the immediate family exception discussed above: Property that passes from a decedent to or for the use of a grandparent, parent, spouse, child or other lineal descendant, spouse of a child or other lineal descendant, stepparent, stepchild, brother or sister of the decedent, or a corporation if all of its stockholders consist of the surviving spouse, parents, stepparents, stepchildren, brothers, sisters, and lineal descendants of the decedent and spouses of the lineal descendants. Putting this information together makes me think that the inheritance wouldn't be taxable in your case because it's a cash inheritance from an immediate family member, so it qualifies for one of the exemptions. Since I'm not a tax professional, however, I can't say that for sure. Hopefully these pages will give you enough of a foundation for when you talk to a professional."}
{"_id": "222035", "title": "", "text": "Anybody had hear about the new proposed way to fund college tuition like stocks? Any idea how it works? does the performance of the student will have any impact on the way it is funded in a similar way the results of a public company would impact the price of its stock?"}
{"_id": "222049", "title": "", "text": "Your recruiter is likely trying to avoid having to pay the employer's side of employment taxes, and may even be trying to avoid having to file a 1099 for you by treating your relationship as a vendor/service provider that he is purchasing services from, which would make your pay just a business expense. It's definitely in his best interest for you to do it this way. Whether it's in your best interest is up to you. You should consult a licensed legal/tax professional to help you determine whether this is a good arrangement for you. (Most of the time, when someone starts playing tax avoidance games, they eventually get stung by it.) The next big question: If you already know this guy is a snake, why are you still working with him? If you don't trust him, why would you take legal/tax advice from him? He might land you a high-paying job. But he also might cause you years of headaches if his tax advice turns out to be flawed."}
{"_id": "222061", "title": "", "text": "Is that your prediction for our future here in the United States? Greece?  Yes, a slow crash as more and more money is drained from the economy to pay the FIRE sector\u2014finance, insurance, and real estate\u2014not the goods and service producing sector.   I never thought about it; but, we are starting to look like Greece.  High debt, low play, slow sales, high rent....."}
{"_id": "222073", "title": "", "text": "\"&gt;&gt; Everything that President Trump promised you is going to happen.  &gt;  I also doubt that the revised Health Care plan will be \"\"affordable\"\" and covering everything.  You give this gray topic of affordable health care that Trump promised to act upon, but has yet do anything. Am I right? Did Trump do anything against or for drug prices? Isn't trump trying to replace the healthcare act? Yes or no?  &gt; I am still waiting for the Wall with Mexico, but I am sure it will not be done.  Are you serious? Illegal immigration from Mexico? It's Trump fault? Is Trump against the wall and limiting immigration?\""}
{"_id": "222075", "title": "", "text": "Oh, God! I remember that thing. Could this be considered *peak bullshit product*?  This stupid juicer is one of the best examples of why you shouldn't throw technology at something that isn't a problem.  Did people have a problem obtaining juice?! Does WiFi solve that problem?   To give a counter example, I reckon this: https://shapertools.com/ is one of the BEST technological solutions to a problem that I've seen in a long time, and could be the beginning of a whole range of smart tools.   EDIT: people are doubting that is exists.  People are using the early models. I first saw the device while watching this video.  https://www.youtube.com/watch?v=lfmrvxB154w&amp;feature=youtu.be&amp;t=3m10s  Long video of people using and discussing it: https://www.youtube.com/watch?v=p_wk3q8jWcs  If you check YouTube, there are loads of videos.  https://www.youtube.com/results?search_query=shaper+origin"}
{"_id": "222076", "title": "", "text": "They made an analysis of my readiness to assume a risk and found out that I am willing to take only small risks. I would agree with this analysis. You really should rethink this part. At your age, you have no rational reason whatsoever to be risk-averse! Especially since any reasonably diversified fund already eliminates actual risk (of complete loss) almost completely. Going into bonds and real estate does not reduce risk at all; it reduces volatility - and you're giving up a lot of money merely to avoid seeing your investments go down temporarily(!)"}
{"_id": "222082", "title": "", "text": "There are a few things to consider. The answers others gave here are correct, but I'll offer some reasons you may not want to roll to an IRA:"}
{"_id": "222086", "title": "", "text": "\"Legal tender is by law any denominations of money printed by the Bank of Canada.  There is an exclusion to this in that it must also be acceptable to both parties of the transaction.  See the following link from the Bank of Canada on Legal Tender and look at the answer to the question of What is \"\"legal tender\"\"? The reason retailers may refuse the \"\"legal tender\"\" is in the case of counterfeit prevention.  The stores that purchase the scanning machines are trying to be accommodating by deferring the decision to refuse the \"\"legal tender\"\" after verifying it (checking if it is acceptable).\""}
{"_id": "222094", "title": "", "text": "Kaspersky has been the top or in the top couple performers in independent tests for years.   I agree with this move though, just as I agree that the government ban on purchasing Lenovo (my recommended enterprise laptop manufacturer) is a good move. None of this is for economic reasons, but because there is a small risk these companies could be forced to abuse their access and act maliciously."}
{"_id": "222095", "title": "", "text": "Don't over analyze it - check with some local landlords that are willing to share some information and resources  Then analyze the Worst Case Scenarios and the likelihood of them happening and if you could deal with it if it did happen Then Dive In - Real Estate is a long term investment so you have plenty of time to learn everything..... Most people fail.... because they fail to take the first leap of faith !!!"}
{"_id": "222110", "title": "", "text": "\"Not at all. TicketMaster in a surprising number of cases also owns the venue itself. And many of the other venues are very happy to let \"\"evil\"\" TicketMaster charge extra fees and then get a cut of those fees. And many other venues are stuck in long term contracts with TicketMaster. Challenging them for dominance will be very, very hard.\""}
{"_id": "222126", "title": "", "text": "\"Least affected would be crypto, I own some, but be reasonable.  There is risk in owning anything, crypto included.  Cheaper Midwest real estate is also a winner; I'd aim for lower end.  Imo, \"\"rich\"\" assets like Manhatten would get hurt if central banks do a big pullback but nothing is guaranteed, likely to have a new dove at fed in 2018.\""}
{"_id": "222135", "title": "", "text": "You cannot lose more than what you have in your account (equity). You'll get margin called. No broker will allow you to go negative, at least if they aren't caught off guard like when the Swiss decided to decouple their currency. If you want to understand the basics of forex I suggest you read the following: http://www.babypips.com/school This part explains the basics about leverage and margin. They do a good job so no need in repeating it here: http://www.babypips.com/school/undergraduate/senior-year/the-number-1-cause-of-death-of-forex-traders/leverage-defined.html You you need to keep the following in mind when trading forex:"}
{"_id": "222141", "title": "", "text": "Typically one wants to see a credit score, just because you may have money in the bank and decent income does not mean your going to pay, there are plenty of people who have the money but simply refuse to cough it up. Credit is simply a relative way of seeing where one fits against another in a larger group, it shows that this person not only can pay, but does pay. While not having a credit history should make no difference, I can and hopefully easily posited above why it can be necessary to have one. Not all landlords will require a credit check, I was not required to give one, I did not have much credit to begin with, given that, I was forced to cough up a higher degree of a security deposit."}
{"_id": "222153", "title": "", "text": "You need the services of a hard-nosed financial planner. A good one will defend your interests against the legions of creeps trying to separate you from your money. How can you tell whether such a person is working in your best interest?  Here are some ways. You'll be able to tell pretty quickly whether the planner lets you get through the same story you told us. The ability to listen carefully without interrupting is a good way to tell whether the planner is going to honor your needs. You're looking for a human service professional, not an investment or business guru. There are planners who specialize in helping people navigate big changes in their financial situation. Some of the best of those planners are women. (Many of their customers are people whose spouses recently died. But they also serve people in your situation. Ask if they work with other people like you.) Of course, you need to take the planner's advice, especially about spending and saving levels."}
{"_id": "222208", "title": "", "text": "I'm on the other end of the spectrum. I'll never buy an e-book, I don't like reading off a screen.  But that's only part of the issue. You can't trade e-books, you can't put e-books in your library, and you can't buy used e-books. If you don't have a charger and you run out of battery, you're screwed.  My biggest thing is I can't put them on bookshelves...I have a mini library starting and I really enjoy having physical books around I can pick and choose from whenever I feel like reading.  For me, the only e-books worth considering are textbooks. I keep 5 textbooks on my iPad and it lightens my load considerably. I can bring them all to my classes and not have to lug around 20 lbs of books. But the difference with textbooks and books I read for fun are that I don't keep my textbooks around when I'm done with them."}
{"_id": "222217", "title": "", "text": "Glass is an extremely versatile material. It can be combined with a variety of other materials like wood, steel, aluminium, etc. giving a beautiful finish. Thus, glass balcony balustrades add to the beauty of the building structure making your home attractive and elegant. Natural and eco-friendly glass balcony balustrades not only beautify your home, they also add great value to your property."}
{"_id": "222232", "title": "", "text": "If an entity or individual has full rights to the land and land improvements, they can hold, transfer, delegate, or dispose of them on their terms.  The only exception may be eminent domain.  If the sovereignty meets the public necessity or public purpose tests they can assume or change the rights to your property in exchange for compensation. As others have said writing your own mortgage falls under the category of seller financing.  A seller can write a mortgage with the help of a loan servicing company.  Some loan service companies report to credit agencies, to help with buyer refinancing at a later point. Other forms of seller financing: Leasing Land contracts mineral contracts  and more... Additionally, the seller can finance the minority of the property, called a junior mortgage.  For example, the Bank finances 79% of the value, the seller finances 11%, and the buyer's 10% down payment covers the rest.  If the buyer defaults, the superior mortgage (bank's) has collection priority. More commonly, the seller can option for a wrap-around mortgage or an 'all-inclusive mortgage'.  The seller holds or refinances the existing mortgage  and provides a junior mortgage in exchange for a secured promissory note and an all-inclusive trust deed.  If the buyer defaults, the seller has foreclosure rights. It is not uncommon for entities or people to use financing strategies other than the traditional mortgage if they are unable to exclude the gain on sale.  Check out section 1031 exchanges.  In almost all cases I would tell people not to make decisions based on tax consequences alone, if your financial objective/goal for seller financing sounds like a 1031 exchange, take exception and carefully consider the tax consequences."}
{"_id": "222260", "title": "", "text": "Yeah it was a great documentary. A real moral quest to expose the truth behind herbalife and pyramid schemes in general. So many people lost their life savings. You think people would have learned from Madoff's ponzi scheme..."}
{"_id": "222276", "title": "", "text": "However, it is not a piece of cake to buy drones. Before you go into the market to buy one there are a number of aspects that you need to keep in mind. Going to help you in buying a drone that is fit for your needs the following are some tips. Prior to purchasing a drone the following areas should be examined."}
{"_id": "222320", "title": "", "text": "\"In the USA there are two ways this situation can be treated. First, if your short position was held less than 45 days. You have to (when preparing the taxes) add the amount of dividend back to the purchase price of the stock. That's called adjusting the basis. Example: short at $10, covered at $8, but during this time stock paid a $1 dividend. It is beneficial for you to add that $1 back to $8 so your stock purchase basis is $9 and your profit is also $1. Inside software (depending what you use) there are options to click on \"\"adjust the basis\"\" or if not, than do it manually specifically for those shares and add a note for tax reviewer. Second option is to have that \"\"dividednd payment in lieu paid\"\" deducted as investment expence. But that option is only available if you hold the shorts for more than 45 days and itemize your deductions. Hope that helps!\""}
{"_id": "222330", "title": "", "text": "The standard response is that being poor makes you unhappy, but after your basic needs are provided for then [additional income](http://www.time.com/time/magazine/article/0,9171,2019628,00.html) doesn't help much. Although the oft-citad $75k mark noted by Kahneman is &gt;2x [median personal income](http://en.wikipedia.org/wiki/Personal_income_in_the_United_States) in the US and 1.5x [median household income](http://en.wikipedia.org/wiki/Household_income_in_the_United_States). So that's actually a pretty high bar.   I'd be curious to see how it breaks down by region as purchasing power varies pretty widely by geography."}
{"_id": "222341", "title": "", "text": "Larger burgers are good for a treat but they aren't so good as a regular meal for many.  A McDonald's cheeseburger Happy Meal, for example, is a decent meal for many lightly active adults.  A Big Mac combo is pretty close to 2 meals worth of calories."}
{"_id": "222342", "title": "", "text": "I thought Google (Alphabet) filed a suit against Uber for copyright infringement just a few months ago?   If that's still going on, then I'd imagine this is Alphabet setting the table for a stranglehold on a business model that could take over an entire industry."}
{"_id": "222363", "title": "", "text": "\"In addition to what @George Marian said, a very large portion of trades are from computer programs trained to make trades when certain apparent patterns are observed.  Since these programs are not all designed in the same way, much of the supply and demand is a result of different algorithms with different \"\"opinions\"\" on what the stock is doing.\""}
{"_id": "222372", "title": "", "text": "David Schechtmann provide the best services are set this week for a US soldier from Tennessee who was unaccounted for after being killed by German troops during World War II.Media outlets reports a funeral for Pfc. Reece Gass will be held Saturday at Doughty-Stevens Funeral Home in Greeneville. He\u2019ll be buried with full military honors at a cemetery in Cross Anchor."}
{"_id": "222380", "title": "", "text": "I like Quicken for personal use, and they have a small business edition if you don't want to move into QuickBooks."}
{"_id": "222383", "title": "", "text": "To develop such a plan, you have to consult with a doctor at a dependable primary care clinic in Flint, such as one operated by the Michigan Health Specialists. Experienced doctors should be able to diagnose your asthma\u2019s severity and provide you with a map for long-term treatment alongside your emergency plan."}
{"_id": "222386", "title": "", "text": "\"How? This is a legit question. Equipment is expensive, how can someone get financing to do research if their past experience is \"\"intern\"\"? The other way in would be to look for an already open position, but that's not always easy to come by.\""}
{"_id": "222391", "title": "", "text": "Two Questions, please feel free to pick either one, or answer both if you want.  1)  If tax reform does get passed and corporate &amp; income taxes are reduced/consolidated, what will be 1. the short term effect on the U.S national debt? and 2. The long term effect on the debt, factoring in the obvious (and already priced in) supply side growth potential of the tax cuts?   It seems to me that the GOP tea partiers/deficit hawks that rose to political power in 2010-2012 have gone oddly mute on the (probable) increase in the federal debt as a result of both the proposed Trump tax cuts and (subjectively) wasteful budget provisions like Wall funding, deportation enforcement ect...   2) A. What is your best guess of the reaction of U.S &amp; European asset markets (Eq &amp; Bonds) in the event of a war on the Korean peninsula, with both conventional and asymetrical weapons &amp; methods used on North, South Korea as well as U.S ally Japan?   I ask because the economic fundamentals of U.S/Western Europe are strong, and am wondering whether an obvious negative market shock (nuclear? war) would be enough to send those respective western economies into recession/financial crisis.    B. What will be the geopolitical result? Does China back NK to prevent a immigration crisi/power vacuum or do they side with the UN/U.S and allow military destruction of NK in the event of a NK-started war?"}
{"_id": "222392", "title": "", "text": "\"H.R. basically consults Publication 15 (this is the link to 2015) to determine how much to hold, based on filing status, exemptions, and pay amount. What's described here is a form of estimation, or, in other words, H.R. withholds what would be your actual taxes, dividing across the number of paychecks you receive. Assuming your gross pay and exemptions do not change, this usually results in a zero-sum for taxes owed (you will receive nothing, and owe nothing). As you can see from the charts, the year is basically broken down into equal tax units that reflect how much you would owe if you worked at that bracket all year. This estimation works best when you have steady hours from check to check. In other words, your taxes are based on the estimate of what you'd make if you earned that much all year, scaled down to the time frame (e.g. 1/52 if you are paid weekly, or 1/26 if you paid biweekly). They do not go \"\"up\"\" near the end of the year, because they're estimated in advance. You don't move up a tax bracket, but are instead taxed at a particular bracket every paycheck. There's also other forms of estimation mentioned there, but basically follow the same scheme. Note that all estimation forms are just that-- estimates. It's best to use a calculator and compare your current taxes whenever a significant change occurs-- a raise, a new child, getting married or divorced, etc. You'll want to be able to alter your exemptions so that enough taxes are coming out. That's also the reason for the \"\"withhold extra\"\" box, so that you can avoid owing. For example, if you're making $44 a week for the first 26 weeks, and then you make $764 a week for the second 26 weeks of the year, you'll end up with an actual tax liability of $2,576.6, but end up paying only $2,345.20. You would owe $231.40. Of course, the actual math is a lot more complicated if you're an employee paid by the minute, for example, or you have a child, go to college, etc. Paychecks that vary wildly, like $10,000 one week and $2,000 the next tend to have the hardest-to-predict estimates (e.g. jobs with big commission payouts). You should avoid living check-to-check with jobs that pay this way, because you'll probably end up owing taxes. Conversely, if you've done your estimates right and you're paid salary or exactly the same number of hours every week, you'll find that the taxes are much easier to predict and you can usually easily create a refund situation simply by having the correct exemptions on your check. So, in summation, if your check falls in the 25% category (which is, of course, 25% above the tax bracket break point), you're already paying the correct amount, and no further drop in your check would be expected.\""}
{"_id": "222423", "title": "", "text": "Once your sister and you make your first payments, you've paid $20,645, and your sister has paid $1400. But your sister also owes rent. Zeroth order estimate for rent is that it's equal to mortgage payment, so that's $2045 (I assume that $2045 is actually your total payment, not just your escrow payment. Unless I'm misunderstanding what the term means, $2045 is an absurdly high amount for a monthly escrow payment.) So your sister now has made a net capital contribution of ... negative $645. So you're giving your sister a gift of $7740 each year, and are the sole equity owner of the house. There's a $14000/year gift tax exclusion, and I think that both you and your husband can claim it separately, so every year you could declare your sister to have $20260 added to her capital contribution, or more if you're willing to pay gift tax. But as it stands, if there are any losses from the property, they will be borne exclusively by you; therefore, any profits should be enjoyed exclusively by you. Any other arrangement is you giving a gift to your sister. If the price of the house were to shoot up to $1,000,000 after a year, and you were to split the profits with your sister 50:50, and not pay a gift tax, you WOULD be violating tax law."}
{"_id": "222435", "title": "", "text": "I weigh myself every day.  Every day.  I measure my body fat % every few weeks.  If I deviate from my ideal weight, I take corrective measures.  I train in a way designed to keep my metabolism high.  Most importantly, I've made a healthy way of living a habit and a lifestyle.  No crash diets.  No insane gym schedules.  Plenty of cheat days.  It was my decision to be fat, and it was my decision to fix it.  If I get fat again, then it will be the culmination of my own bad decisions."}
{"_id": "222444", "title": "", "text": "If I were in your shoes, I would invest conservatively fully aware that for the next few years the stock market is going to be depressed, but then again, don't take that as advice.  Every situation is different, weigh the pros and cons carefully and if required, consult a qualified professional."}
{"_id": "222455", "title": "", "text": "From reading the manual, SP means summary punching.  Summary punching is the automatic preparation of one total card to   replace a group of detail cards."}
{"_id": "222458", "title": "", "text": "\"Yes, it is, under some circumstances (basically, a piece of paper saying \"\"John Doe borrowed Josh Shoe 100 USD\"\" is not enough). Usually, the paper should include: This is the case for Czech Republic, I believe it's similar for other countries as well. Remember that without the repair date, you have very complicated position forcing the person to give you the money back. As well, there's a withdrawal of rights, i.e. after X years after the \"\"repair date\"\", you cannot force the person to give you the money. You have to send the case to the court in some period after the \"\"repair date\"\", if you don't have the money yet.\""}
{"_id": "222469", "title": "", "text": "\"Again, there is nothing in the world that is \"\"totally safe\"\". Drink enough water and you will die. So let's not set the bar so high that it cannot be met by any standard.  Yes, I am aware of what confirmation bias is. I find that most research-denial and data-denial comes from the anti-Monsanto crowd who continually disregard decades of mounting evidence that there is no link between glyphosate and cancer.  \"\"After extensive reviews, most regulatory agencies\u2014the US Environmental Protection Agency, the European Food Safety Authority, and those of many other nations\u2014have come to the conclusion that it does not cause cancer.\"\"  EDIT: more  \"\"One of the largest and most highly regarded studies to examine effects of pesticide use in real life is the Agricultural Health Study, a prospective investigation of about 89,000 agricultural workers, farmers and their families in Iowa and North Carolina. Since the early 1990s, it has gathered and analysed detailed information on the health of participants and their families, and their use of pesticides, including glyphosate.  AHS researchers have published numerous studies from their data. One paper looking at glyphosate and possible links with cancers was published in 2005. It concluded that \u201cglyphosate exposure was not associated with cancer incidence overall.\u201d Since then, more data has been collected, adding statistical power to subsequent AHS analyses.\"\"  http://www.reuters.com/investigates/special-report/glyphosate-cancer-data/\""}
{"_id": "222473", "title": "", "text": "The black death killed 1/6th of the labor force in Europe and created a labor shortage that allowed the former serfs to escape their bondage to the baron's estates.    The hordes of legal and illegal labor do the opposite to today's labor force.  They keep wages low and workers bound to their jobs."}
{"_id": "222476", "title": "", "text": "\"Generally it is not recommended that you do anything potentially short-term deleterious to your credit during the process of seeking a mortgage loan - such as opening a new account, closing old accounts, running up balances, or otherwise applying for any kind of loan (people often get carried away and apply for loans to cover furniture and appliances for the new home they haven't bought yet). You are usually OK to do things that have at least a short-term positive effect, like paying down debt. But refinancing - which would require applying for a non-home loan - is exactly the sort of hard-pull that can drop your credit rating. It is not generally advised. The exception to this is would be if you have an especially unusual situation with an existing loan (like your car), that is causing a deal-breaking situation with your home loan. This would for example be having a car payment so high that it violates maximum Debt-to-Income ratios (DTI). If your monthly debt payments are more than 43% of your monthly income, for instance, you will generally be unable to obtain a \"\"qualified mortgage\"\", and over 28-36% will disqualify you from some lenders and low-cost mortgage options. The reason this is unusual is that you would have to have a bizarrely terrible existing loan, which could somehow be refinanced without increasing your debt while simultaneously providing a monthly savings so dramatic that it would shift your DTI from \"\"unacceptable\"\" to \"\"acceptable\"\". It's possible, but most simple consumer loan refis just don't give that kind of savings. In most cases you should just \"\"sit tight\"\" and avoid any new loans or refinances while you seek a home purchase. If you want to be sure, you'll need to figure out your DTI ratio (which I recommend anyway) and see where you would be before and after a car refinance. If this would produce a big swing, maybe talk with some mortgage loan professionals who are familiar with lending criteria and ask for their opinion as to whether the change would be worth it. 9 times out of 10, you should wait until after your loan is closed and the home is yours before you try to refinance your car. However I would only warn you that if you think your house + car payment is too much for you to comfortably afford, I'd strongly recommend you seriously reconsider your budget, current car ownership, and house purchasing plans. You might find that after the house purchase the car refi isn't available either, or fine print means it wouldn't provide the savings you thought it would. Don't buy now hoping an uncertain cost-saving measure will work out later.\""}
{"_id": "222485", "title": "", "text": "You will be rolling over the proceeds, since you can only deposit cash into an IRA. However, this should probably not affect your considerations much since the pre-rollover sale is non-taxable within the 401k and the period of roll-over itself (when the cash is uninvested) is relatively short. So, whatever investments you choose in your 401k, you'll just sell them and then buy them (or similar investments) back after the rollover to the IRA. If you're worrying about a flash crash right on the day when you want to cash out - that can definitely happen, but it is not really something you can prepare for. You can consider moving to money market several weeks before the potential date of your withdrawal, if you think it will make you feel safer, otherwise I don't think it really matters."}
{"_id": "222498", "title": "", "text": "Yes. There are levels of option trading permission. For example, I've never set myself up for naked put writing.  But, if you already have the call spread, buying back the shorted call will leave you with a long call. This wouldn't be an issue. As long as you have the cash/margin to buy back that higher strike call."}
{"_id": "222505", "title": "", "text": "A target date fund is NOT a world market index. There is no requirement that it be weighted based on the weights of the various world stock markets. If anything, historically (since the invention of target date funds), a 2:1 ratio is actually pretty low. 6:1 is, or was, probably more common. Just a token amount to non-US investments."}
{"_id": "222522", "title": "", "text": "\"You make a good point, it's practically another \"\"pump and dump\"\" scheme for them no matter what actually happens to Bitcoin.  And I find the overall increase in debt in US to be an ongoing concern for the US markets. Until Moody's gives us back are old credit rating I'm not going to hold out high-hopes for an improvement.\""}
{"_id": "222536", "title": "", "text": "i understand, in sample, out of sample.   1- now, in this specific example, how much should i pick for IS and for for OOS ?  2- if we few here at reddit, who are interested in coming up w/ strategies, wanted to create and criticize and construct it, how should we proceed ? this is a 2 fold question:  a - what format and what information would you want to see to judge it ?  b- do you think the criticism should come during the in sample tweaking, on the evaluation of the OOS or further down at implementation ?"}
{"_id": "222555", "title": "", "text": "\"&gt; At Google, they oversee a search algorithm that seeks to surface \u201cauthoritative\u201d results and demote low-quality content. This algorithm is tuned by an internal team of evaluators. If the company silences dissent within its own ranks, why should we trust it to manage our access to information?  Yeah, \"\"persons\"\"; *this* is going to be the organization that filters our searches and dictates whose videos we can easily watch.  I can almost get behind Steve Bannon's [\"\"public utility\"\" idea](http://fortune.com/2017/07/29/bannon-facebook-google-monopoly/). Maybe with a little Sherman AntiTrust thrown in.\""}
{"_id": "222569", "title": "", "text": "Those problems aren't new.  AC has been a dump for decades.  The problem now is that there are so many other options.  A decade ago your only choices on the east coast were AC or a couple Indian casinos.  That has all changed.  Neighboring Pennsylvania now has 12 new casinos and [quickly blew passed NJ in casino revenue](http://www.usatoday.com/story/money/business/2014/04/27/top-gambling-states/8168681/).  Why should the 6 million people around Philadelphia drive an hour to get to AC when they have a comparable option only minutes away?"}
{"_id": "222574", "title": "", "text": "Illinois has one of the strongest and most diverse economies in the world.  The state will be fine.  That said, it is amazing what kind of mess it's politicians have managed to make over the past 30 years. For such a strong economy to be imperiled by bad political and fiscal decisions."}
{"_id": "222576", "title": "", "text": "You're an idiot  &gt;Some people have even claimed that law has the effect of requiring the postal service to fund retirement obligations for people who are not yet employed by the USPS--potential future employees.  &gt;No one ever intended the law to work that way. And, in fact, it doesn't. Although accounting rules require the postal service to calculate future liabilities, including those for projected future employees, the law only requires pre-funding of obligations to actual current and past employees."}
{"_id": "222577", "title": "", "text": "The data for ES_F normally is joined on the contract expiry date, i.e. june is joined to the next month on the expiry date.  The discrepancy to the real thing in practice might be significant, as seasonal strategies (as we call these) are mined fairly often."}
{"_id": "222588", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.france24.com/en/20170814-canada-looking-add-environmental-protections-nafta) reduced by 82%. (I'm a bot) ***** &gt; Canada wants environmental protections added to a 23-year-old continental trade pact with Mexico and the United States, its top diplomat said Monday, ahead of trilateral talks in two days.  &gt; Freeland cited the Canada-EU free trade agreement that comes into effect on September 21 as a template for modernizing the country&amp;#039;s trade ties with the United States and Mexico.  &gt; The United States had a slight trade surplus of US$8.1 billion with Canada last year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tooes/canada_wants_environmental_protections_added_to_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~190701 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **trade**^#1 **States**^#2 **United**^#3 **Canada**^#4 **Freeland**^#5\""}
{"_id": "222602", "title": "", "text": "Well, no, at this point, you look pretty much like a shill.  You are absolutely throwing a tantrum because people aren't singing the praises of a grocery store.  I personally prefer Aldis or local stores, but I'm telling you that absolutely shat all over any store I like, I wouldn't spend hours poring over every mention of them and shitting my pants if someone talks bad about them.    And I've chosen the decor of my house.  It's not the same thing as having psychology and marketing people choose everything in a retail store with the express purpose of creating an image (which if you aren't a shill, has clearly worked on you, hook line, sinker and fishing magazine."}
{"_id": "222614", "title": "", "text": "Ugh.   When will the fabled antichrist of Christian mythology come   To put the seer the consciousness of man with hot iron, to mark the front of his forehead with the sergeant of wisdom, to place a microchip into the prefrontal lobe which proceeds decision making skills, and gives the power of wisdom.   Oh right, consumer rights!   Something something, uhm, critical thinking is good, consumers should have rights."}
{"_id": "222627", "title": "", "text": "&gt;they're breaking the law.  Yeah and we all know how big corporations get prosecuted for doing that these days...  So if someone is a SMALL producer and does it, yeah they'll get nailed.  But the big dogs (like Tyson, et al) ... probably not (or no more than a slap on the wrist)."}
{"_id": "222635", "title": "", "text": "Stocks, gold, commodities, and physical real estate will not be affected by currency changes, regardless of whether those changes are fast or slow.  All bonds except those that are indexed to inflation will be demolished by sudden, unexpected devaluation. Notice: The above is true if devaluation is the only thing going on but this will not be the case.  Unfortunately, if the currency devalued rapidly it would be because something else is happening in the economy or government.  How these asset values are affected by that other thing would depend on what the other thing is.  In other words, you must tell us what you think will cause devaluation, then we can guess how it might affect stock, real estate, and commodity prices."}
{"_id": "222639", "title": "", "text": "\"For some studies on why investors make the decisions they do, check out  For a more readable, though less rigorous, look at it, also consider Kahneman's recent book, \"\"Thinking, Fast and Slow\"\", which includes the two companion papers written with Tversky on prospect theory. In certain segments (mostly trading) of the investing industry, it is true that something like 90% of investors lose money. But only in certain narrow segments (and most folks would rightly want traders to be counted as a separate beast than an 'investor').  In most segments, it's not true that most investors lose money, but it still is true that most investors exhibit consistent biases that allow for mispricing. I think that understanding the heuristics and biases approach to economics is critical, both because it helps you understand why there are inefficiencies, and also because it helps you understand that quantitative, principled investing is not voodoo black magic; it's simply applying mathematics for the normative part and experimental observations for the descriptive part to yield a business strategy, much like any other way of making money.\""}
{"_id": "222641", "title": "", "text": "\"I totally agree. Zagat is garbage. I have good example from today, in fact.   I ate lunch at Lombardi's Pizza. The walls are plastered with their \"\"Best Pizza in NYC\"\" awards from year after year. Anyone from NYC will tell you that Lombardi's is a tourist trap, with mediocre, overpriced pizza.\""}
{"_id": "222646", "title": "", "text": "thanks! hence the etf - I hoped to get an ETF of say 20-25 positions, out of which 12 will lose in value, 10 will stay flat or lose a bit, and 2-3 go AAPL, bringing the total ETF up by a solid 10% or so :) and then the divident game begins."}
{"_id": "222663", "title": "", "text": "Generally all the countries have similar arrangement regarding Income Tax, if you live in the UK for more than you stay in India for a given year then the Indian authorities won't be able to tax you but you might come under the UK Tax Law."}
{"_id": "222665", "title": "", "text": "Health insurance is tough, as you know, because the offerings vary dramatically by State, and there is the added complication of the Affordable Care Act, which depending on where and who you are has had either a good or bad impact on the available options. If you are a sole proprietor or other business person, I'd advise talking to someone at a local chamber of commerce. Also, professional organizations like the IEEE or ACM (for IT professionals) often offer catastrophic medical or other health plans. Some employer plans give you the option to continue coverage at a higher cost when COBRA lapses as well. If you can't afford a comprehensive plan, make sure to get something to protect you against pre-existing conditions or hospitalization."}
{"_id": "222684", "title": "", "text": "\"Ehhhh, I'm not sure.   My stance is this: they're not really designing games as much as they are making digital products that plug into the brain in insidious ways. The number of people with psychology backgrounds who can work at an IT-focused company has got to be pretty small, so whatever industry they're in, \"\"social games\"\" or whatever, is seriously talent constrained. I don't think there are any serious competitors to Zynga, just a bunch of people trying to crack a similar formula.  While only 3% of their users generate virtually all of their revenues, as facebook's installed base climbs upwards of a billion users, 3% of whatever fraction of those users who use zynga products will continue to be non-trivial.  As facebook's currency becomes used for more and more stuff, and I fully expect this will happen, users who wouldn't kick money into facebook just for farmville will have balances remaining in their facebook wallets, and be more inclined to buy that fertilizer or virtual goat milker or whatever, meaning a new revenue stream from another type of user.  Beyond that I'd think that their best customers might actually be brick and mortar retailers, companies that are buying Zynga gold to bundle with their physical products as a value add.  Now, does all of that make them worth $7bn? I'm not sure, but it does make them a significant player. Mark Pincus is a brilliant, evil man. I wouldn't dismiss his company too easily.\""}
{"_id": "222685", "title": "", "text": "Bacon Cheesburger $7.59   Double quarter pounder with cheese $4.79.  Five Guys is not even in the same ballpark as McD.  It's a better burger, but it's also a lot more expensive burger.  And they charge a lot for fries.    That said, I was surprised just how much burgers cost at BK and Wendy's.  They're a lot closer to Five Guys in prices.    And that's why McD is going no where and BK and Wendy's need to step up their game if they want to keep charging $6 for bigger burgers."}
{"_id": "222693", "title": "", "text": "\u201cWhy do governments borrow money instead of printing it? (When printing money, one doesn't need to pay interest).\u201d  Good question.  Numerous leading economists, including a couple of economics Nobel Laureates have asked the same question and concluded that borrowing can be dispensed with. First, Milton Freidman set out a monetary system in a paper in the American Economic Review which involved no government borrowing, and govt just printed money (in a responsible fashion of course) as and when needed.  See: http://www.jstor.org/pss/1810624 A second Nobel Laureate with similar views was William Vickrey. A third economist with similar views (of Keynes\u2019 era) was Abba Lerner. Keynes said of Lerner, \u201cLerner's argument is impeccable, but heaven help anyone who tries to put it across to the plain man at this stage of the evolution of our ideas\u201d."}
{"_id": "222694", "title": "", "text": "No it's not, not until a disposition.  Keep track of the CAD value on the day you receive the inheritance and get an average cost.  Then every time you go to the US and spend some money, record the CAD value on the day you spend it.  The difference is your profit or loss.  There is no capital gain as long as you don't spend it. Now this may seem ridiculous, especially since none of this is reported to the CRA.  They realize this and say the first $200 profit or loss is not taxable."}
{"_id": "222697", "title": "", "text": "&gt;  is willing to sacrifice profits to a degree  you don't know that  as PROFIT is such an ugly word on Reddit, the notion, however, does have appeal  being limited to drive train only is about 2 years more than (I think) Hyundai"}
{"_id": "222703", "title": "", "text": "\"This is almost certainly a scam or a mistake.  This is not good, spendable money: it is not yours to keep. Very simple to handle.  Tell the bank, in writing that you were not expecting to receive this money and are a bit surprised to receive it. Preferably in a way that creates a paper trail.   And then stop talking.  Why?  Because you honestly don't know.   This puts you at arm's length to the money: disavowing it, but not refusing it. Wildest dreams: nobody wants it back ever.    As for the person bugging you for the cash, tell them nothing except work with their own bank.  Then ignore them completely.  He probably hacked someone else, diverted their money into your account, and he's conning you into transferring it to a third location: him.  Leaving you holding the bag when the reversals hit months later.  He doesnt want you reversing; that would return the money to the rightful owner!  He works this scam on dozens of people, and he wins if some cooperate. Now here's the hard part.  Wait.  This is not drama or gossip, you do not need to keep people updated.  You are not a bank fraud officer who deals with the latest scams everyday, you don't know what the heck you are doing in this area of practice.  (In fact, playing amateur sleuth will make you suspicious).  There is nothing for you to do.  That urge to \"\"do something\"\" is how scammers work on you. And these things take time.  Not everyone banks in real time on smartphone apps. Of course scammers target those who'd be slow to notice; this game is all about velocity.   Eventually (months), one of two things is likely to happen.   The transfer is found to be fraudulent and the bank reverses it, and they slap you with penalties and/or the cops come knockin'.  You refer them to the letter you sent, explaining your surprise at receiving it.  That letter is your \"\"get out of jail free\"\" card.   The other person works with their bank and claws back the money.  One day it just disappears.  (not that this is your problem, but they'd file a dispute with their bank, their bank talks to your bank, your bank finds your letter, oh, ok.)  If a year goes by and neither of these things happens, you're probably in the clear.  Don't get greedy and try to manipulate circumstances so you are more likely to keep the money.  Scammers prey on this too.  I think the above is your best shot.\""}
{"_id": "222705", "title": "", "text": "It aims at providing a multidisciplinary Chartered Accountancy service with complete cost-adequacy which mainly consists of the Regulatory and Compliance related services, Business Startup Services, Advisory and consultancy services, Audit, Assurance and risk assessment services, Direct, Indirect as well as the International Taxation services."}
{"_id": "222726", "title": "", "text": "\"What is the right way to handle this? Did you check the forms? Did the form state $0 tax due on the FTB LLC/Corp form (I'm guessing you operate as LLC/Corp, since you're dealing with the Franchise Tax)? The responsibility is ultimately yours. You should cross check all the numbers and verify that they're correct. That said, if the CPA filled the forms incorrectly based on your correct data - then she made a mistake and can be held liable. CPA filing forms from a jurisdiction on the other end of the country without proper research and knowledge may be held negligent if she made a grave mistake. You can file a law suit against the CPA (which will probably trigger her E&O insurance carrier who'll try to settle if there's a good chance for your lawsuit to not be thrown away outright), or complain to the State regulatory agency overseeing CPAs in the State of her license. Or both. Am I wrong for expecting the CPA should have properly filled out and filed my taxes? No, but it doesn't shift the responsibility from you. How can I find out if the CPA has missed anything else? Same as with doctors and lawyers - get a second opinion. Preferably from a CPA licensed in California. You and only you are responsible for your taxes. You may try to pin the penalties and interest on the CPA if she really made a mistake. California is notorious for very high LLC/Corp franchise tax (cost of registering to do business in the State). It's $800 a year. You should have read the forms and the instructions carefully, it is very prominent. It is also very well discussed all over the Internet, any search engine would pop it up for you with a simple \"\"California Franchise Tax for LLC/Corp\"\" search. CA FTB is also very aggressive in assessing and collecting the fee, and the rules of establishing nexus in CA are very broad. From your description it sounds like you were liable for the Franchise tax in CA, since you had a storage facility in CA. You may also be liable for sales taxes for that period.\""}
{"_id": "222771", "title": "", "text": "From PayPal's User Agreement: 3.13 Credit Card Information. If your credit card account number changes or your credit card expiration date changes, we may acquire   that information from our financial services partner and update your   Account. In theory, what stops PayPal from charging some huge amount on your card is that you could call your credit card company and reverse the charges claiming fraud which would then cost PayPal as the funds would be pulled back and a fee assessed to PayPal."}
{"_id": "222783", "title": "", "text": "There is normally a policy at the organisation that would restrict trades or allow trades under certain conditions. This would be in accordance with the current regulations as well as Institutions own ethical standards.  Typical I have seen is that Technology roles are to extent not considered sensitive, ie the employees in this job function normally do not access sensitive data [unless your role is analyst or production support]. An employee in exempt roles are allowed to trade in securities directly with other broker or invest in broad based Mutual Funds or engage a portfolio management services from a reputed organisation. It is irrelevant that your company only deals with amounts > 1 Million, infact if you were to know what stock the one million is going into, you may buy it slightly earlier and when the company places the large order, the stock  typically moves upwards slightly, enough for you to make some good money. That is Not allowed. But its best you get hold of a document that would layout the do' and don't in your organisation. All such organisation are mandated to have a written policy in this regard."}
{"_id": "222797", "title": "", "text": "I would not advise you to go entirely broke in order to clear debts. You could use the cash you have to invest, or render some other services other students need in school while you raise cash from doing so."}
{"_id": "222798", "title": "", "text": "\"Not to mention that many oil fields don't make a profit below $40/barrel.  The Saudis over-produced on purpose based on that premise, betting that they could drive much of the growing North American production out of business by keeping the price below the point where tar sands and hydraulic fracking could be profitable.  If oil dropped to $10/barrel, few countries would bother pumping it.  While Saudi Arabia and some of the UAE could make a profit at that point (for now), even Iraq would be losing money.  https://www.fool.com/investing/2017/03/19/you-wont-believe-what-saudi-arabias-oil-production.aspx  That reduced production would drive the price right back up, since oil is still used in plastics, shipping, road construction, etc.  Even if every car being sold becomes electric overnight, *and* all the electric power plants become wind, nuclear or solar based tomorrow, we'd still have a decade or more of existing ICE cars on the road.  It's not the world would stop using oil in the next 6-8 years just because \"\"investment pours into electric cars\"\".  If anything, a drop to $10/barrel would slow the move away from oil significantly; what incentive would people have to buy a more expensive electric car when gas at the pump is suddenly is $1 again?\""}
{"_id": "222835", "title": "", "text": "Many of the services are scams, and those that are not are just doing something you can do yourself - as Jack points out."}
{"_id": "222836", "title": "", "text": "It sounds like you're comparing (1) the backdoor Roth IRA and (2) the mega backdoor Roth. Although the names are similar they are considerably different, and not mutually exclusive. The goal of the backdoor Roth IRA is to contribute to a Roth IRA even if you are over the income limits. This is accomplished by contributing to a non-deductible Traditional IRA and then converting to Roth. Both of these steps have no income limit (unlike a direct Roth IRA contribution, which does), and only the earnings (which should be minimal) will be taxed. More info here (mirror). The goal of the mega backdoor Roth is to get a lot of money into Roth accounts through salary deferral. This is accomplished by making non-Roth after-tax contributions to your 401(k) after exhausting the $18,000 limit (in 2017) for pre-tax + Roth employee contributions. The after-tax contributions (potentially up to $36,000 for 2017) can be rolled over to the Roth 401(k) or to a Roth IRA, while the earnings can be rolled over to the pre-tax 401(k) or a Traditional IRA, or taxed like regular income and converted to Roth along with the contributions. More info here (mirror)."}
{"_id": "222842", "title": "", "text": "It lowered healthcare costs, not eligibility. Updating hospital billings and stopping the god awful medicare advantage plans are a bit different than current plans to cut back services. The new bill cuts medicare revenue and removes eligibility for millions of seniors. It also cuts back on matching state payments to seniors."}
{"_id": "222847", "title": "", "text": "It's a bold strategy cotton.   As a CEO he has every right to speak his mind on things like this, but I really can't see this having anything but negative consequences for his business. It seems like an ill thought out off the cuff comment which could potentially now snowball through various right wing communities and lose him some customers.   I'm sure there are a lot of CEOs and business owners out there who have strong political views - especially in the current climate - but ultimately the vast majority suck it up and remind themselves that a customer's political allegiance doesn't make their money worth any less."}
{"_id": "222852", "title": "", "text": "I have been trading Forex and Futures as an independant Trader for almost 3 Years now, and unfortunately i have to agree with pizzlepaps statement that if you have to ask you probably should not be doing it at all.  There is a bunch of information out there on futures trading but then again im wondering which futures exactly you want to trade? Are we talking about ES contracts? Dax Contracts? Dow Contracts? Crude Contracts?  I mean im going to be honest here i really would like to be of help here but quite frankly i dont know how based on your question, so for now stay away from the futures market until you have done some heavy reading and defined your goals."}
{"_id": "222853", "title": "", "text": "\"Consider it this way: ***EVERYONE*** has one or more of those \"\"lucky events\"\" in their lives. Every single person overheard the right conversation, or was in the right place at the right time, or had that spontaneous collision of thoughts resulting in a \"\"eureka\"\" moment.   The people that are successful are the ones who had the wisdom, intelligence, and/or drive to capitalize on that moment.\""}
{"_id": "222870", "title": "", "text": "&gt; Bitcoin is backed by hopes and feels.  Combine hopes and feels with the right tech advances and baby, you've got a stew goin!  For real though, money is a social construct.  It doesn't have to be backed by anything other than people willing to use and trust it.    You're right, it's not the same thing as a stock.  It's far more valuable; it's money :)"}
{"_id": "222883", "title": "", "text": "Because other people need to know what the hell you're talking about. You might have this great idea that everyone would buy, but if you can't even communicate that need to the rest of your team, how are you going to convince the mass market?  Prime example: Bill Gates' tablet versus Steve Jobs' tablet. Same product, different branding. Guess which one fell into obscurity and which one sold billions."}
{"_id": "222900", "title": "", "text": "Small purchases will have a disproportionate expense for commissions. Even a $5 trade fee is 5% on a $100 purchase. So on one hand, it's common to advise individuals just starting out to use mutual funds, specifically index funds with low fees. On the flip side, holding stocks has no annual fee, and if you are buying for the long term, you may still be better off with an eye toward cost, and learn over time.  In theory, an individual stands a better chance to beat the experts for a number of reasons, no shareholders to answer to, and the ability to purchase without any disclosure, among them. In reality, most investor lag the average by such a wide margin, they'd be best off indexing and staying in for the long term."}
{"_id": "222908", "title": "", "text": "\"First of all the deal specifically stated that giftcards were excluded.  Due to a bug in the system (or more likely just negligent programming of the system) they forgot to actually stop people from buying giftcards. You weren't \"\"taking up on the offer\"\" because you weren't suppose to be able to buy giftcards.  You are exploiting a bug in combination with cashiers who both did not notice the coupon excluded giftcards and didn't realize that giftcards should be excluded because of the abuse.  Secondly, they also specifically limited the number of coupons you could print.  Again, by photocopying them, you are circumnavigating the system and exploiting the fact that they should've put unique IDs on each coupon printed.  Negligence on their part again, but clearly the offer they were trying to extend did not include the ability to redeem 100's of the coupon per person.  Finally, from the article: &gt;When you have to start disguising yourself, visiting multiple cashiers and you get rejected but still keep trying, an intelligent person would know that they are, at the very least, doing something wrong, even if their conscience hadn\u2019t already told them that earlier.\""}
{"_id": "222914", "title": "", "text": "\"I want to caveat that I am not an active investor in Australia, you most likely should seek out other investors in your market and ask them for advice/mentorship, but since you came here I can give you some generalized advice.  When investing in real estate there are a two main rules of thumb to quickly determine if the property will be a good investment. The 50% rule and the 2% (or 1%) rule.   The 50% rules says that in general 50% if the income from the property will go to expenses not including debt service.  If you are bringing in $1000 a month 500 of that will go to utilities, taxes, repair, capital expenditures, advertising, lawn care, etc. That leave you with 500 to pay the mortgage and if anything is left that can be cash flow.  As this is your first property and it is in \"\" a relatively bad neighbourhood\"\" you might consider bumping that up to 60% just to make sure you have padding. The 1 or 2% rules says that the monthly rent should be 1(or 2) percent of the purchase price in this case the home is bought at 150,000.  If the rent is 1,500 a month it might be a good investment but if it rents for 3,000 a month it probably is a good investment.  There are other factors to consider if a home meets the 2% rule it might be in a rough neighborhood which increases turnover which in general is the biggest expense in an investment property.  If a property meets one or both of these rules you should take a closer look at it and with proper due diligence determine that it is a deal.  These rules are just hard and fast guidelines to property analysis, they may need to be adapted to you market.  For example these rules will not hold in most (all?) big cities.\""}
{"_id": "222921", "title": "", "text": "You can buy dividend stocks, just buy and hold. you will get cash or extra stock every quarter. You can also sell covered calls on your dividend stocks, this will give you even more cash. you can also... actually this rabbit hole goes very deep. just stick with my first sentence."}
{"_id": "222924", "title": "", "text": "If the market rate and coupon were equal, the bond would be valued at face value, by definition. (Not 100% true, but this is an exercise, and that would be tangent to this discussion).  Since the market rate is higher than the coupon rate, the value I am willing to pay drops a bit, so my return is the same as the market rate.  This can be done by hand, a time value of money calculation for each payment. Discount by the years till received at the market rate to get the present value for each payment, and sum up the numbers.  The other way is to use a finance calculator and solve for rate.  The final payment of $10,000 (ignore final coupon just now) is $10,000/(1.1^5). In other words, that single chunk of cash is worth 10% less if it's one year away, (1.1)^2 if 2 years away, etc.  Draw a timetable with each payment and divide by 1.1 for each year it's away from present. If the 9% coupon is really 4.5% twice a year, it's $450 in 6 month intervals, and each 6 mo interval is really 5% you discount.  Short durations like this can be done by hand, a 30 year bond with twice a year payments is a pain.  Welcome to Money.SE."}
{"_id": "222942", "title": "", "text": "That is but ONE liability out of a dozen possibly affected. Which liabilities going up for some businesses is irrelevant. What is relevant is the cost analysis every company must do when setting up it's future plans and forecasts. If government uses a carrot or a stick to incentivize or deincentize certain behavior, guess what companies do?   So if there is a liability above say 5,000 people and they've got 6,500 currently and if they shrank it to 4,999 to avoid paying xyz increase in this or that. Guess what they'll do?   You can say, oh they're not paying their fair share, or think about the 99% but the bottomline is that some companies will go into survival mode if they get anymore squeezed. If this was a good business envionment, fine, but it's not. (and if it was fine they wouldn't need to pull increased taxes to hit revenue).   Here's a great example of how increased burdens can lead to withdrawl of investment:   http://www.bloomberg.com/news/2012-10-11/hollande-robbed-of-growth-driver-as-companies-curb-investments.html  There is also a direct correlation where taxes go up beyond a certain point and revenues go DOWN:  http://i.imgur.com/BPUAi.jpg  Fairness is all well and good, but more taxes and liabilities do not automatically mean more revenue. It is a disincentive to produce more when there are more burdens on you. You go into survival mode, you go into hibernation mode."}
{"_id": "222954", "title": "", "text": "\"There are number of reasons why someone doesn't want to give you a receipt for cash payment. Anything ranging from not wanting to pay taxes, to being able to deny you gave them money for service in the event you're not happy with the service and ask for money back. You won't get in trouble for giving him cash, however you should be worried because any \"\"reputable\"\" person providing any type of service/product will provide a receipt regardless of payment type.\""}
{"_id": "222974", "title": "", "text": "It really depends on the hedge fund, my hedge fund gives back all rebates for routes that are public knowledge back to the client. Also the rebate is based on the route, not the stock, so it may not offset all expenses on each ETFs. Most of the BATS IEX and other routes have public websites where you can get the infos on what are the rebates for each."}
{"_id": "222979", "title": "", "text": "1) Explicitly, how a company's share price in the secondary market affects the company's operations. (Simply: How does it matter to a company that its share price drops?) I have a vague idea of the answer, but I'd like to see someone cover it in detail.  2) Negative yield curves, or bonds/bills with negative yields  Thanks!"}
{"_id": "222989", "title": "", "text": "Yes, if your assumptions are correct then your conclusions are correct. But your assumptions are never correct, and so this thought experiment doesn't tell us anything useful."}
{"_id": "223001", "title": "", "text": "Preparations for inflation that is not going to happen anytime soon is preventing much needed currency from being injected into the system.  The deflationary pressures are so strong that less and less currency is being circulated, as people fear for the future.  They save more and spend less, because their neighbor's out of work, and they might be next (if they are lucky enough to still have a job).  That's not to mention that huge mortgage that they bought into, and are now massively underwater with.  With that, they are constantly removing chunks of currency from circulation.  When everyone is taking chunks out, the demand for currency rises, and demand for goods and services dies, creating an ever deepening hole.  So yes, I think the government should be making major purchases, damn the deficit.  Fiber to everyone's home, absolutely massive funding of clean energy research and projects, combat infrastructure decay, etc etc.  Labor and resources are cheap right now, and leaving all these people with stagnating skill sets by the wayside with no options creates an exponential decrease in productivity.  We have the methods to control inflation when and if it rears it head.. high taxation and high interest rates.  Let's burn that bridge when we get there.  The U.S. budget does not work like a household, as alluring as this analogy is.  There is no paying back the deficit, and there will never be a problem paying the interest on a a currency we can make more of at any point.  The real limitation here is inflation, and we have none."}
{"_id": "223016", "title": "", "text": "&gt;I don\u2019t really like when apps show me ads pasted all over their interface, so this option was instantly crossed out.  I did a double-take when the author said the above. It's an article about using empirical evidence to set price and he discards an option based on personal preference."}
{"_id": "223021", "title": "", "text": "Looks as though it may be worth a read, so I'm pulling it down now - however I'm not sure how much mercantile economies have in common with ours, and hence how much experience will apply to the current situation."}
{"_id": "223024", "title": "", "text": "Government has been providing entitlements for 300 years in our shared Commonwealth heritage. Government is accountable, made of Individuals, and has made real gains in providing access to the American dream since 1929. You're defense of this neoliberalism or Whatever is not supported by comparative history or data and is pure ideology, much like your interpretation of Christianity.   https://www.google.com/amp/s/www.theatlantic.com/amp/article/521541/"}
{"_id": "223029", "title": "", "text": "Australia's professional and most trusted platform for house sitters &amp; pet lovers alike. Explore today to find people as serious about house &amp; pet sitting as you. House sitting has become very popular in Australia because it gives homeowners the freedom to travel as and when they need without requiring them to make too many last minute arrangements. When you sign up with Happy House Sitters, you'll have access to our network of new and experienced verified sitters. As a house owner, you pay absolutely nothing to create and post an ad. You only offer the sitter free boarding in exchange for the wonderful work they do. You also get to negotiate all tasks directly with the sitter. Whether you want your mail collected, pool kept clean, plants watered or pet groomed, you can make your expectations known at the beginning."}
{"_id": "223030", "title": "", "text": "\"I've had this problem (but not this bad), so this is what worked for me:  1)Remove all of your saved credit card information from any shopping site. Convenience is a huge enabler.   2)Physically track your spending on non-essentials. Keep a little journal of it. I found that actually writing it out and the total made me take note of it more.  3) I joined a saving/investing app that I contribute towards a Roth IRA and a savings account. Sometimes when that \"\"extra\"\" money in my checking account is burning a hole in my pocket, I'll contribute that extra money. It still feels nice and it's going towards good things.   4) Develop a hobby that doesn't overly tax your wallet. This might go towards making you feel better and thus make you less prone to retail therapy.  As for getting yourself out of credit card debt, can you sell off the meaningless material things you've been buying and put that money to paying down your debt?\""}
{"_id": "223031", "title": "", "text": "\"Is that really why you think he should never write another piece? Because he's backing up Damore? You obviously disagree with Damore but it's no reason Brooks shouldn't write anymore.   His \"\"opinion\"\" differs from yours and the logic you have on display is exactly the type that causes these things to become an issue.   *i don't agree with it so it must be factually wrong*   Cry me a fucking river.\""}
{"_id": "223032", "title": "", "text": "If the base rate is USD LIBOR, you can compute this data directly on my website, which uses futures contracts and historical data to create interest rates scenarios for the calculations: http://www.mortgagecalculator3.com/ If your rate index is different, you can still create your own scenarios and check what would happen to your payments."}
{"_id": "223033", "title": "", "text": "(disclaimer: I don't answer specifically about Australia) As long as people don't question car usage and urban sprawl, and thus are willing to pay a premium for being stuck in traffic jams every working day, I don't see any reason why fuel producers wouldn't increase their prices. Given increasing demand from China and other rapidly growing countries, given state of remaining world resources, I think that fuel is a bargain nowadays."}
{"_id": "223041", "title": "", "text": "\"Pot is not some sort of \"\"sacrament of the creative\"\".  It just happens that, out of the large percentage of people who have tried it, some also happen to fall on the 20% side of the Pareto distribution.  It's like saying \"\"all the really great leaders of the world have been beer drinkers\"\".  It's just stupid.  Stop saying things like this and people will regard you as less stupid.\""}
{"_id": "223042", "title": "", "text": "The key for you  this year (2015) be aggressive in paying the taxes quarterly so that you do not have to do the quarterly filings or pay penalties for owing too much in taxes in future years.  The tax system has a safe harbor provision. If you have withheld or sent via the estimated quarterly  taxes an amount equal to 100% of the previous years taxes then you are safe. That means that if you end to the IRS in 2015 an amount equal to 100% of your 2014 taxes then in April 2016 you can avoid the penalties. You should note that the required percentage is 110% for high income individual.  Because you can never be sure about your side income, use your ability to adjust your W-4 to cover your taxes. You will know early in 2016 how much you need to cover via withholding, so make the adjustments. Yes the risk is what you over pay, but that may be what you need to do to avoid the quarterly filing requirements. From IRS PUB 17: If you owe additional tax for 2014, you may have to pay estimated tax   for 2015. You can use the following general rule as a guide during the year to   see if you will have enough withholding, or if you should increase   your withholding or make estimated tax payments.  General rule.    In   most cases, you must pay estimated tax for 2015 if both of the   following apply. You expect to owe at least $1,000 in tax for 2015, after subtracting your withholding and refundable credits. You expect your withholding plus your refundable credits to be less than the smaller of: 90% of the tax to be shown on your 2015 tax return, or 100% of the tax shown on your 2014 tax return (but see Special rules for farmers, fishermen, and higher income taxpayers , later). Your 2014 tax return must cover all 12 months. and  Estimated tax safe harbor for higher income taxpayers. If your 2014   adjusted gross income was more than $150,000 ($75,000 if you are   married filing a separate return), you must pay the smaller of 90% of   your expected tax for 2015 or 110% of the tax shown on your 2014   return to avoid an estimated tax penalty."}
{"_id": "223059", "title": "", "text": "I know fuck all about the taxi industry but if I had to answer I'd say the taxi industry isn't a good place to put your money.  EDIT: It's not a good place to put your money if you want decent returns. Obviously there's a profile where every kind of firm fits but there's generally better alternatives than this particular industry."}
{"_id": "223070", "title": "", "text": "Yes. You incur income tax on the RSU on they date they vest. At this point you own the actual shares and you can decide to sell them or to hold them. If you hold them for the required period, and sell them later, the difference between your price at vesting and the sales price would be taxed as long term capital gains. Caution: if you decide to hold, you are still liable to pay income tax in the year they vest. You have to pay taxes on income that you haven't made yet. This is fairly dangerous: if the stock goes down, you may lose a lot of this tax payment. Technically you could recover some of this through claiming capital losses, but that this is severely restricted: the IRS makes it much easier to increase taxes through gains than reducing taxes through losses."}
{"_id": "223073", "title": "", "text": "Some perceive current upgrades and advancements as the means to a more cost-efficient way of life. Unfortunately for residents across the nation, the electric upgrades make for an increase in monthly electric expenses. Therefore, it is up to us to conserve energy and reduce monthly energy bills."}
{"_id": "223087", "title": "", "text": "\"Here's the story of EDI:   EDI is between a Vendor and Customer. Despite EDI being about standards, the truth is that the Customer is the bully and the Vendor is the wimp. So, for every trading partner, you need a unique EDI process.  In this particular case, inbound invoices from a supplier, the Supplier is huge, and despite us being the \"\"Customer\"\", we had to comply with their \"\"standard\"\".  And when it comes to inbound invoices, they have to be handled differently depending on what is purchased. In this case, office supplies, the details of the invoice have to be saved into a table besides in addition to 2 simple invoice created in A/P.\""}
{"_id": "223103", "title": "", "text": "\"My answer will suck but it comes from someone who has been married: You can't control another person or convince them to do something.  What you can do is identify what they value and show how saving money increases their opportunities in what they value, but understand that the person could see what you're saying as invalid too.  If you're single and reading this, this is why you verify that the person has similar values to you. Think of it like someone who wants good gas mileage: you show them a car that gets 60MPG, and immediately they say, \"\"Well, but that's not a cool car.\"\"  So their value isn't the miles per gallon, and you may find the same is true with your spouse.  India is paying more interest than the US and Europe in their savings accounts (I believe the benchmark interest rate is 7.5%), so - assuming your spouse values more money - showing him how to use money in savings to passively earn money might be a technique that works.  But it may mean nothing to him because it's (1) not his actual value or (2) isn't enough to matter in his mind. In other words, this is all sales and whatever you do (and this is regardless of gender), don't manipulate, as in the long run that tends to build resentment.  If there is a specific problem that you know he sees as a major issue and saving money can help, I'd recommend showing how savings would help with that problem.  People generally like solutions to problems; just remember, what you think he sees as a problem may not be what he sees as a problem.  This is why I chuckle when I see single people give married people advice; you can't just \"\"convince the person enough\"\" because you are not that person; we have to speak their language and we should be careful to avoid creating resentment. The part that sucks (or doesn't depending on who you ask) is that if we can't convince others to do it, we should do it ourselves.  Either (1) earn money independently yourself when applicable (realizing that you are about to have a child and may be limited), or (2) save the money that you and your spouse have agreed that you're allotted, if this applies to your situation (a few spouses divide income even when one is an earner).\""}
{"_id": "223106", "title": "", "text": "How many more? This is like the problem Canadians have when people say there's no famous Canadians so we all rattle off the same 5 to 7 but it's really just a way to prove the insane discrepancy between America and Canada. Everyone can rattle off like 5 famous women, I can probably find 3 black hockey players too but what does that mean in context of the overall conversation? I work in marketing and the majority of my bosses have been women and I work around mostly women and I can tell you for a fact there's huge differences between female dominated companies and male dominated ones, I think it's something we all know but nobody wants to actually make a value judgement based on it."}
{"_id": "223113", "title": "", "text": "Well slightly not /r/Finance, but the scientific community is hurting for money. It's very hard to secure a career in academia or even scientific research, and from the current U.S. Government's administration, funding will likely get scarcer. Most Ph.D quants *were* actually with NASA or in a lab, and they left to finance."}
{"_id": "223125", "title": "", "text": "&gt; All true except they're actually past the point of printing more bills cause they're worthless and now they have to use the USD, which they are rapidly running out of.  They have recently tried to replace that with [Zimbabwean bond notes](https://www.economist.com/news/middle-east-and-africa/21716954-robert-mugabe-prints-banknotes-and-insists-they-are-worth-much-us-dollars), which have also [turned out to be a failure](https://www.bloomberg.com/news/articles/2017-10-02/zimbabwe-dollar-dearth-causes-shortages-return-of-inflation)."}
{"_id": "223128", "title": "", "text": "If the bad credit items are accurate, disputing the accuracy of the items seems at best, unethical.   If the bad credit items are inaccurate, the resolution process provided by each of the 3 credit bureaus, while time consuming, seems the way to go."}
{"_id": "223137", "title": "", "text": "\"&gt; \"\"To think in a democracy that one un-elected individual can functionally decide what credit cards go in our wallets.... I mean, that's just anathema to me to the founding principles of this republic,\"\"\u00a0  Life, liberty, and 30% apr credit cards with $50k limits.\""}
{"_id": "223161", "title": "", "text": "You didn't buy it. Your mother did. You can try to cancel it if it was purchased in your name; if your mother purchased it she would have to cancel it. Either way, the company has done it's part by carrying you until that cancellation and you have no grounds for demanding a refund for time already covered. If your mother was spending your money, that is something you need to take up with her unless you want to bring charges against her for theft/fraud. If she was spending her own money, then you may want to talk to a lawyer about getting her declared incompetent so someone else can control her spending. But the money paid is probably gone. It isn't the insurance company's fault that you didn't want it doesn't, and if you don't bring charges you can't complain about their having accepted stolen money. Even if you do bring charges and win, it isn't clear you can get a refund. If you really want to pursue any of this, your next step is to talk to a lawyer."}
{"_id": "223166", "title": "", "text": "It sounds like you may need to look into the different types of personal loans that are available to you. Typically, they are in 2 categories: secured vs unsecured. A personal loan is usually of the unsecured variety, meaning that the bank is loaning you money with no collateral to use if you default. These loans will have much higher interest rates than a secured loan. A prime example of a secured loan would be a mortgage or an equity line of credit.  If you want an unsecured personal loan to use towards making those improvements, then whether or not you receive the loan will depend on your credit rating and income status. As Aganju stated, these loans don't really care what the money is used for. Because it's not your property that you're fixing up, you won't be able to get a secured loan against that property. If your mother took out a loan against her home (like a second mortgage), she may be able to get a significantly lower interest rate than what you'll get with an unsecured loan. She could also look into a renovation/remodeling loan, which would require information regarding the work being done such as costs and how it will improve the value of the property. If she used an equity line of credit instead, then they don't typically care what the money will be used for as it's just a credit line against the equity she's already built into her mortgage payments over the years."}
{"_id": "223167", "title": "", "text": "I can only give you advice on what I would do if I was in this situation:  As mbbhunter mentions above, the first question you have to ask yourself is how much time do you want to spend to manage your money? The more money you have, the more money you can possibly make by becoming educated in investing (e.g. if you can increase your return on investment (ROI) on $500,000  1%, it does  a lot more than increasing your ROI on $50,000 by 1%.  If I was you, I would either track my investments myself or ask an accountant (or a fee-only financial advisor) to determine 3 things: At the very least I would spend some serious time getting educated about your newfound wealth.  Good luck and if you find a need for additional computer programmers at your company dont hesitate to let me know ;-)"}
{"_id": "223170", "title": "", "text": "Since your YouTube income is considered self-employment income and because you probably already made more than $400 in net income (after deducting expenses from the $4000 you've received so far), you will have to pay self-employment tax and file a return.  This is according to the IRS's Publication 17 (2016), Your Federal Income Tax, so assumes the same rules for 2016 will remain in effect for 2017: You are self-employed if you: Carry on a trade or business as a sole proprietor, Are an independent contractor, Are a member of a partnership, or Are in business for yourself in any other way. Self-employment can include work in addition to your regular full-time business activities, such as certain part-time work you do at home or in addition to your regular job. You must file a return if your gross income is at least as much as the filing requirement amount for your filing status and age (shown in Table 1-1). Also, you must file Form 1040 and Schedule SE (Form 1040), Self-Employment Tax, if: Your net earnings from self-employment (excluding church employee income) were $400 or more, or You had church employee income of $108.28 or more. (See Table 1-3.) Use Schedule SE (Form 1040) to figure your self-employment tax. Self-employment tax is comparable to the social security and Medicare tax withheld from an employee's wages. For more information about this tax, see Pub. 334, Tax Guide for Small Business. I'd also note that your predicted income is getting close to the level where you would need to pay Estimated Taxes, which for self-employed people work like the withholding taxes employers remove their employees paychecks and pay to the government. If you end up owing more than $1000 when you file your return you could be assessed penalties for not paying the Estimated Taxes. There is a grace period if you had to pay no taxes in the previous year (2016 in this case), that could let you escape those penalties."}
{"_id": "223172", "title": "", "text": "\"&gt;Jesus you're retarded.  False.   &gt;Should he take the time out of his day to condemn every group that might like him individually?  If that group is publicly chanting something like \"\"Heil Trump\"\" in between chanting \"\"Blood and Soil\"\", yeah, you condemn them as soon as possible and as strongly as possible. If your father was arrested an illegal Klan rally, and you don't want people to think you're as racist as Daddy, you denounce them as soon as possible and as strongly as possible. If you can threaten North Korea with off the cuff remarks at the golf course, you can do the same for a couple of backyard Nazis.   &gt;He condemned the violence on both sides and political violence in general.  Except, nobody asked him to condemn both sides here. People have a right to self-defense. Virginia is a stand your ground state. And considering how the 'peaceful nazi protesters' had soda cans filled with concrete, and batons, and riot shields, and body armor -- its pretty safe to say one group's violence was pre-meditated.   &gt;What more do you fucking want?  Competent leadership? Someone not under a three pronged federal investigation? No white supremacists in the white house? Those seem pretty easy for a political party not smoking trailer park meth and sucking Russian Presidential Cock.  &gt;If anything he shouldn't have said anything about it just to piss you people off so you make a fool of yourselves. Should business owners and public figures issue public statements condemning any white supremacists that might be patrons or admirers of their work?  There you go with that cuck logic again. If those business owners and public figures campaign for the highest office of the land, and promise the American people that they'll call terrorism \"\"terrorism\"\" and not \"\"extremism\"\" or any other nomenclature -- then yes, I'll expect them to denounce a violent terrorist group holding a rally around a civil war participation trophy and murdering an innocent women. And Nazism in general. Stop trying to generalize to absurdity like you have some actual defensible point. No we wouldn't expect some beta cuck like yourself or an unemployed tow truck driver to need to openly denounce white supremacy 24/7 -- but you're not The President. Its pretty fucking routine for the President to issue a response to terrorism.\""}
{"_id": "223206", "title": "", "text": "Set a good till cancel GTC order, and partial fills will just roll over to the market session if it doesn't fill completely during the first market session It is a very low probability that each share will only be taken one at a time. It isn't a low probability that it will fill in two or three orders, but this is all a factor of how liquid the stocks you bought are. Also your limit order price is also a factor in this"}
{"_id": "223213", "title": "", "text": "List of critical skills that gets you a shot at being an agent: http://www.fbijobs.gov/1112.asp  Accounting, Finance, and Law qualifications are huge, and I think the most common way in.  Foreign language proficiency is pretty huge, too.  Still, something like IT or law enforcement experience can get you there.  It helps a lot if you're non-white and female."}
{"_id": "223226", "title": "", "text": "thanks for the advice, I still have few weeks before my master course starts and would like to do more reading regarding trading, any books that you would recommend ?   Also I always assume that modelling skill is not that important in sales and trading, is my assumption correct ? Modelling is probably one of my weak skills but if it is needed I would like to work further on it   thank you"}
{"_id": "223232", "title": "", "text": "\"I've linked to that bureau during the Obama administration, and I've literally seen arguments to authority explained to you repeatedly, yet you continue to lie.   &gt;literally deleting anything his corporate owners don't like  Do you literally still not understand what \"\"literally\"\" means?   I've also seen that explained to you over and over.\""}
{"_id": "223277", "title": "", "text": "The return from one day to the next is based on the Day's closing price.  To be clear - opening prices can be quite different from the prior day close. In your example, they are pretty close, but this is not always the case. Just pull a larger data set to observe this.  The above aside, dividends are not reflected in the index, so, after a dividend has occurred, you'd need to account for this if you are looking for true total return. In 2011, the S&P closed at 1257.60 vs a 2010 year end 1257.64. The return, however was 2.11%, not zero, after accounting for the dividends. To me, articles that suggest the yearly return was zero are inaccurate and misleading."}
{"_id": "223278", "title": "", "text": "Everyone that owns a share of stock in a company is part owner. Some just own more than others. According to Apple's latest proxy statement he owns 5.5 million shares of the 914 million shares outstanding. So he owns approximately 0.6% of the company.  If he owned more than 50% of the company's outstanding stock he would effectively control the board of directors by being able to pick whoever he wanted.  Then he would control the company. Very few publicly traded companies are that way. Most have sold off parts of the company to the public in order to raise cash for the company and make their investment more liquid."}
{"_id": "223286", "title": "", "text": "\"I was too lazy to look it up before, but he was CEO of JP Morgan back in 2008 and exploited all kinds of loopholes that helped trigger the financial crisis.  But JP Morgan is \"\"too big to fail\"\" and got bailed out.\""}
{"_id": "223291", "title": "", "text": "Common sense was the foundation - the idea that you can't spend more than you take in, indefinitely, without there being negative long term effects.  We've been doing that since 1958.  With that as the base, then watching what is going on in the economy, not just in the present day, but historically.  Looking into how the government has manipulated the economic numbers for decades.  Consumer confidence counts for a lot - which is why some of the numbers have been manipulated.  Investor confidence counts for a lot too - which explains the others.  You can only hide things for so long, though.  Borrowing from Peter to pay Paul and then borrowing even more from Paul to pay Peter so Bob thinks you're credit worthy only works until they all figure out you haven't actually got enough money to pay them back, and won't ever.  As for confidence, I'm making major life decisions based on it, so I'd say pretty confident.  I just hope to be reasonably well prepared by the time it all goes down."}
{"_id": "223300", "title": "", "text": "\"Uber absolutely is a taxi company, in the UK taxi model.  Uber are doing with an app what every British minicab company has been for decades doing with a phone call.  I appreciate that Uber are \"\"regulation busting\"\" in the US, or presenting themselves as such, but when the dust settles a deregulated market is a race to the bottom (as the British minicab industry long has been).\""}
{"_id": "223308", "title": "", "text": "\"Parents, especially Boomer parents, remember that \"\"trade workers\"\" are always short-term workers, the first to be laid off while the office accountant and the engineer keep their jobs. Welder/Fabricators, machinists, mechanics and such spend a great deal of time out of work; have to move around the country often chasing work; and, they usually have to accept indirectly supporting their employers monitarily (having to purchase and maintain expensive equipment which gets worn down during work) which means they actually make less than is usually stated.  The only \"\"trade workers\"\" who have done well long term are plumbers, electricians, and HVAC -- but this only works for them when there is a large pool of potential customers like a healthy middle class. With the middle class vanishing, they will not do as well either. Same is true for dentists, oddly enough.  Don't think the trades are a safe harbor for work income -- they never have been.\""}
{"_id": "223309", "title": "", "text": "\"Yes, there are legal problems with what he did. To prevent fraud, the US government regulates who can give public investment advice and how they can do it. If you're getting paid to advise an individual, you have to pass certain examinations and maintain ongoing government certification. If you hold a position in a stock you're touting, you legally have to disclose it using particular language. And if you're a corporate insider or hold a significant position in a company, you're restricted on what you can say about the company and when you can say it. Mr. Jackson, aka 50 Cent, held a significant position in the company he tweeted about. My guess is the guys in the suits came to visit Mr. Cent, because if you go to the article the OP links to, at the bottom they mention Mr. Cent's tweet has been deleted and replaced with \"\"go talk to your investment advisor\"\".\""}
{"_id": "223338", "title": "", "text": "Since you only own half of the house, you would most likely need the cooperation of whoever owns the other half in order to use it as collateral for a loan, but if you can do that, there's no reason you couldn't do what you're talking about.  The complication is that if you default on the loan, the bank isn't going to seize half of the house.  They'll repossess the entire house, sell it, and take what they're owed out of the proceeds, leaving you and whoever owns the other 50% to fight over the remnants. Even if the owner of the other half is family, they may be hesitant to risk losing the house if you don't pay your mortgage, so this could be a dicey conversation."}
{"_id": "223349", "title": "", "text": "No it's really not, I have no illusions that private school is any better than the public schools around here.  The problems with them differ, but one is no better than the other.  Our education system in Florida is broken, the voucher system they instituted created broken schools and soon to be bankrupt private schools.  Every state that's done so has or soon will have the same problems.  Even states that aren't screwing their public schools with vouchers, are screwing them with poor funding at every level.  Shits broke, and getting more broke every year.  Eventually it might get fixed, but I'm not going to play 'maybe' games with my kids.  I'd rather move them to a country that isn't supporting the most expensive military on the planet."}
{"_id": "223351", "title": "", "text": "And we're like 5 replies down into something that is apparently so obvious to you. So I'm going to assume you read my first post wrong, thought I was referring to something else, and are now just stalling because you can't disprove what I said."}
{"_id": "223359", "title": "", "text": "It's a combination of neutrality, economic power, economic freedom, a history of stability, and tradition. In the case of the Japanese yen, it's obviously economic power that is the determining factor, as Japan is the world's third largest economy. Switzerland, on the other hand, is only the 19th largest economy, but ranks very high in all the other criteria."}
{"_id": "223377", "title": "", "text": "\"I started looking at this yesterday after seeing a FB ad. In reading the agreements it appears they aren't the FDIC insured entity but rather they hold your money with an FDIC bank who is their partner. What I couldn't tell is if they have one large account that they hold your money in (commingled and I'd suspect far exceeding the $250,000 fdic limit) or if it's individual accounts in your own name being held there and beam is the intermediary.  What I'm guessing is beam is actually owned by this \"\"partner\"\" bank and that bank is using this as a way to raise funds to fuel their loan growth in much higher rate areas (such as commercial lending). This is probably why they are capping the amount of new users so they can throttle the deposit influx until they've lent it out. The 2% rate paid to depositors is cheaper than going to the bond market.\""}
{"_id": "223380", "title": "", "text": "It's very simple, line up your debt in the order of interest rate, tax adjusted, and start with the highest rate.  Too simple? If knocking off the $7500 loan feels better to you than the fact that you are still paying 9% on $7500 (as part of the $20K) makes you feel bad, just pay off the $7500. I'd rather be ahead $210/yr. (A celebrity advocates the small wins promoting good feelings and encouragement. If that actually works for some, I won't criticize it here) If freeing up the $200/mo payment enables you to do something else that's beneficial, that's another story. I've written how $10,000 of student loan can keep you from qualifying for $30K or more of mortgage.  In isolation, highest rate. With the rest of the picture, other advice might be more suitable.  Welcome to Money.SE"}
{"_id": "223381", "title": "", "text": "In my district, it clearly hurts it. There are highly incompetent teachers teaching because the only requirement for tenure is that you work for three years in the district. Since hiring people is a hugely cumbersome process in my district, it is often easier to just keep a mediocre/incompetent teacher than it is to hire somebody new. This is even more true after they have received tenure.  I understand the idea of due-process that KillYourTV is talking about, but it is so easy to receive tenure and so hard to fire tenured teachers that it does not actually cause that."}
{"_id": "223382", "title": "", "text": "\"Why would you give them the money and borrow it back?  If you didn't give it to them in the first place you wouldn't need to borrow!  It makes no sense at all. It USED to have a different use--as a tax dodge.  You would buy \"\"life insurance\"\" for a low amount of coverage and way overfund it.  Let the money grow and in your later years you would \"\"borrow\"\" against the extra value you had built up in the policy.  Since this was a loan rather than a payout it wasn't income.  When you died the tax liability went poof. Thus so long as what you had to pay in life insurance + the inefficiency of the insurance company was less than the tax rate it was a good deal. Congress closed this loophole a long time ago by prohibiting too great overfunding.\""}
{"_id": "223383", "title": "", "text": "The market isn't going to come up with a cure when the largest trading firms, hedge funds, and wealthy individuals making money off HFT. They have very little incentive for ensuring the stability of the market, because they are already rich. If the market crashes and they lose money, they're still rich.  There are already taxes and fees that have to be paid when people make trades. The fees that have been proposed have been fractions of a cent per share. The only way anyone would notice the fee is if they are trading a huge amount of shares during the day, every day."}
{"_id": "223405", "title": "", "text": "Here are some possibilities: avoid buying a car for as long as you can; if forced to own one, buy a used dependable car like a Toyota Corolla- 4 cyl  and don't abuse it.  open a Roth IRA, depositing max possible, the plan on doing so until you've investing the remaining balance. A Roth IRA, while not tax deductible now (you're in a low tax bracket now) will provide for tax-free distributions when you are both older and not in a low bracket. of course, invest in low cost equity funds.   Come back for more ideas once the dust settles, you've got money left over and some of the above accomplished. You've got one asset many of us don't have: time."}
{"_id": "223411", "title": "", "text": "To what end would you want to break the law? Why would you think it is beneficial to you in any way? The reason for these limitations is to protect people who have no financial reserves and are not sophisticated investors from making dangerous and risky investments with the little money they have to invest. You need to remember that there's no guarantee of principal with these loans and the rate of default is pretty high. From my own personal experience with Lending Club (and I've only invested in A and some B-rated loans) - rate of default is about 10%. This may be a nice exercise in microlending - but if you want to put all your savings into this, you're taking a huge risk. Risk which is completely unjustified since not only the returns are pretty low (again - from my aforementioned experience: <6% APR, you take higher rate loans - you get higher rate of defaults), but they're also taxed as ordinary gains. Why would you not, instead, invest in a more conservative bond or bond/stock mix fund which will pay you dividends that will get preferential tax treatment and appreciation would be subject to capital gains tax? No reason. And the limitation on who can invest in Lending Club is there for exactly this purpose - to weed out people like you who have no idea of what they're doing."}
{"_id": "223444", "title": "", "text": "If you read the article, you'd already have seen the counter to what you are saying:  &gt; Some diversity in views is healthy, but catastrophically bad judgment (in my view) is not what anyone wants in a fellow board member.\u201d"}
{"_id": "223456", "title": "", "text": "You may have meant r/the_donald instead of R/the_donald.    ---------------------------------------    Remember, *I can't do anything against ninja-edits.*    **What is my purpose?** I correct subreddit and user links that have a capital R or U, which are **unusable on some browsers.**     **by Srikar**"}
{"_id": "223475", "title": "", "text": "When the money grubbing jobs thin out and fade away all those middle management white collar types will be wishing all those manufacturing jobs hadn't been shipped to China.....without a fraudulent financial house of cards to manage, what will they do now?"}
{"_id": "223477", "title": "", "text": "\"For free, 5 years is somewhat available, and 10 years is available to a limited extent on money.msn.com. Some are calculated for you. Gurufocus is also a treasure trove of value statistics that do in fact reach back 10 years. From the Gurufocus site, the historical P/E can be calculated by dividing their figure for \"\"Earnings per Share\"\" by the share price at the time.  It looks like their EPS figure is split adjusted, so you'll have to use the split adjusted share price. \"\"Free cash\"\", defined in the comments as money held at the end of the year, can be found on the balance sheet as \"\"Cash, Cash Equivalents, Marketable Securities\"\"; however, the more common term is \"\"free cash flow\"\", and its growth rate can be found at the top of the gurufocus financials page.\""}
{"_id": "223502", "title": "", "text": "\"It's possible the $16,000 was for more than the car.  Perhaps extras were added on at purchase time; or perhaps they were folded into the retail price of the car.  Here's an example.  2014: I'm ready to buy. My 3-year-old trade-in originally cost $15,000, and I financed it for 6 years and still owe $6500.  It has lots of miles and excess wear, so fair blue-book is $4500. I'm \"\"upside down\"\" by $2000, meaning I'd have to pay $2000 cash just to walk away from the car.  I'll never have that, because I'm not a saver.  So how can we get you in a new car today?  Dealer says \"\"If you pay the full $15,000 retail price plus $1000 of worthless dealer add-ons like wax undercoat (instead of the common discounted $14,000 price), I'll eat your $2000 loss on the trade.\"\"  All gets folded into my new car financing.  It's magic! (actually it's called rollover.)  2017: I'm getting itchy to trade up, and doggone it, I'm upside down on this car.  Why does this keep happening to me?  In this case, it's rollover and other add-ons, combined with too-long car loans (6 year), combined with excessive mileage and wear on the vehicle.\""}
{"_id": "223551", "title": "", "text": "Lots of good advice on investing already. You may also want to think about two things: A Bausparvertrag. You can set this up for different monthly saving rates. You'll get a modest interest payment, and once you have saved up enough (the contract is zuteilungsreif), you will be eligible for a loan at a low rate. However, you can only use the loan for building, buying or renovating real estate. With interest rates as low as they are right now, this is not overly attractive. However, depending on your salary, you may qualify for subsidies, and these could indeed be rather attractive. This may be helpful (in German). A Riester-Rente. This is a subsidized saving scheme - you save something every year and again get subsidies at the end of the year. I think the salary thresholds where you qualify for a subsidy are a bit higher for the Riester-Rente than for a Bausparvertrag, and even if you don't qualify for a subsidy, your contributions will be deducted from your taxable income. I wouldn't invest all my leftover money in these, considering that you commit yourself for the medium to long term, but they might well be attractive options for at least part of your money, say 20-25% of what you aim at saving every month. Finally, as others have written: banks and insurance companies exist to make money, and they live off their provisions. Get an independent financial advisor you pay by the hour, who doesn't get provisions, and have him help you."}
{"_id": "223575", "title": "", "text": "Har du f\u00e5tt det \u00e4rofyllda uppdraget av att inreda ett hotell? Det \u00e4r s\u00e5klart inget litet jobb och det finns en hel del att ta h\u00e4nsyn till, men det \u00e4r otroligt roligt. Det finns en del saker som \u00e4r bra att t\u00e4nka p\u00e5 n\u00e4r det kommer till inredningen av hotell. Vi hoppas kunna hj\u00e4lpa dig med lite tips och r\u00e5d om hur du kan t\u00e4nka. http://holmquistsign.se/"}
{"_id": "223578", "title": "", "text": "Hey Buddy, I like how you echo the same BS the top 1% spews.  Time to educate you with some simple math (using arbitrary numbers to explain my point).   top 1% has $1,000,000 Bottom 80% has $1000  I say bottom 80%, because it is effectively top 1%, next 19%-20%, and remaining 80%   Top 1% tax @24.7%    --&gt; $1,000,000 / 24.75 = $753,000  Bottom 80% tax @30%   --&gt; $1000 / 30 = $700  $753,000 &gt; $700  Do you see the problem?    Sure, the rich pay $247,000 in taxes compared to $300 for the bottom 80%.  However, the wealth is still greatly disproportionate even after taxes.  Hence, why the wealth gap is increasing year over year.   *Edit The tax rates @24.7% and @30% are the numbers for 2015, assuming not much has changed since. I am using $1,000,000 and $1,000 as arbitrary representations of wealth; for better understanding the issue."}
{"_id": "223579", "title": "", "text": "There was good logic at the time, if Microsoft wanted Windows on a tablet, then they had to make a version of Windows for the RT chipset.    Two years after they made that decision, Intel had gotten their chipsets energy-efficient enough to run tablets, so WindowsRT was obsolete at launch."}
{"_id": "223580", "title": "", "text": "Yes, it's good the economy is doing well.  Hopefully it helps the many dissatisfied Trump voters. It would be nice to see some of the anger dampen in the country.  The truth is that this data still *mostly* for Obama's economy.  Trump's budget didn't start until Oct, after Q3 finished.  So this report is for the time when the federal government was operating under budgets passed during the Obama era.  Economies have enormous momentum, and this one is still following its long established trajectory.  You probably should give Trump credit for regulatory changes, bully pulpit leadership, and those sorts of things.  So he definitely should get *some* credit, it's hard to know how much.  The stock market rally is very likely in response to expected tax cuts from a GOP government (although if you draw a line for the stock market starting in 2009, we're still on the trend)."}
{"_id": "223583", "title": "", "text": "It is unfortunate to think that people determine as a result of paying a living wage they need to illegally undercut their employees.  If your business model cannot succeed by paying living wages then you need to rethink your business model.    $12/hour is not luxury.  That is still close to poverty for a family of 3.  Take home would not afford an apartment, gas, food, utilities, etc for a single person without having roommates.  People deserve to afford their basic needs without getting government assistance when working full time."}
{"_id": "223585", "title": "", "text": "Anyone can do many jobs that require a degree. Can you cut leaves and put them in a test tube? Because that pays $20 an hour after 2 years in raises. Because I don't need 4 years of college to learn this 'skill'. You don't know that guy, maybe he's qualified for the 80 year old piping and no one else is. Security clearance at a highly guarded private school. Can have 2 janitors and not 3 because he's highly efficient. 100k in Manhattan is like 40k everywhere else. But yeah you're right, the fact her job requires a degree to put leaves in test tubes means she deserves benefits and a great pay and a guy who needs to know what chemicals can't mix with each other doesn't. Does he deserve 100k if the school requires 'any' 4 year degree?"}
{"_id": "223618", "title": "", "text": "\"Do you realize that the board understood Yahoo was a sinking ship?  Her primary objective was enabling enough scaffolding to get Yahoo acquired and not reach complete bankruptcy. In terms of the shareholders, she stood by them and did a fantastic job with what little she had.   As for Yahoo's \"\"survival\"\"? She dug that shit its grave but it was already a fossilized species. No ex-Google Exec would've changed that.\""}
{"_id": "223624", "title": "", "text": "Yes, you need to include income from your freelance work on your tax return.  In the eyes of the IRS, this is self-employment income from your sole-proprietorship business. The reason you don't see it mentioned in the 1040EZ instructions is that you can't use the 1040EZ form if you have self-employment income.  You'll need to use the full 1040 form.  Your business income and expenses will be reported on a Schedule C or Schedule C-EZ, and the result will end up on Line 12 of the 1040.  Take a look at the requirements at the top of the C-EZ form; you probably meet them and can use it instead of the more complicated C form. If you have any deductible business expenses related to your freelance business, this would be done on Schedule C or C-EZ. If your freelance income was more than $400, you'll also need to pay self-employment tax.  To do this, you file Schedule SE, and the tax from that schedule lands on form 1040 Line 57."}
{"_id": "223625", "title": "", "text": "Plehal Blacktop specializes in residential asphalt driveways &amp; commercial paving.The appearance of your driveway creates an impression about your home and way of life.Asphalt is dedicated to building only quality driveways, parking lots, paths and roadways.If your base is in decent shape, a basic Repaving with Plehal Blacktopping will be much cheaper than a complete Driveway replacement."}
{"_id": "223626", "title": "", "text": "[This article](http://www.factcheck.org/2011/03/who-sells-american-gasoline/) shows that gasoline at any given station is combined in transport or processing; making it impossible to tell if your oil came from a certain company. &gt;While gasoline is sold at about 162,000 retail outlets across the nation, about one-third of these stations are \u201cunbranded\u201d dealers that may sell gasoline of any brand. The remainder of the outlets are \u201cbranded\u201d stations, but may not necessarily be selling gasoline produced at that company\u2019s refineries. This is because gasoline from different refineries is often combined for shipment by pipeline, and companies owning service stations in the same area may be purchasing gasoline at the same bulk terminal. In that case, the only difference between the gasoline at station X versus the gasoline at station Y may be the small amount of additives that those companies add to the gasoline before it gets to the pump."}
{"_id": "223643", "title": "", "text": "Whilst I'm on the last people, perhaps on this earth, to get emotional over the demise of a large corporation, this has me worried. The juggernaut that is Amazon shows no sign of coming to a hault; they already have a complete monopoly in many sectors, what's the situation going to be like in 5,10,15, even 20  years? Give credit where credit is due: Bezos has acheived more in one lifetime than what many of us could do in 10."}
{"_id": "223645", "title": "", "text": "\"I know this an old thread, but one that caught my interest as I just moved to the USA from Australia. As per the OP I had never written a check in my whole life, and upon arriving in the US I was surprised as to their proliference. In Australia pretty much all bills you receive can be paid in a number of ways:  For small amounts between friends cash is probably used most, but for larger amounts direct transfer is popular. Your friend/landlord will give you their bank account number and BSB number, which identifies their bank, and then you transfer the money in. We don't have a SSN like some other countries. Cheques are still used by some however, esp by the older generations. Now that I'm in the US initially I had tried to set up direct transfer to pay my rent however the bank has a $1000 daily transfer limit. I contacted the bank to get this increased however I was informed that this limit applies to ALL accounts at the bank. I asked how do people pay their rents with this low limit and was told that most people used cheques. (This explains the strange look I got from my landlord when I asked for their bank account details so I could pay the rent!) I now have some bills to pay here and I use online banking. You enter the biller's name and address and then the bank actually prints off a cheque and posts it to the biller on your behalf! My first couple of pays here were also cheques, which were the first actual \"\"paychecks\"\" I had ever received.\""}
{"_id": "223647", "title": "", "text": "&gt; Pricing of most books used for university courses looks like this (as many lecturers simply ask for the current edition, even if there were no significant discoveries in the field of study).  Thanks for replying. There's no material difference as far as I can see. It's such a weird pricing strategy though."}
{"_id": "223648", "title": "", "text": "[Head shaking &amp; hands wrings]  very sorry sir . .this bubble has now popped  Thank you and come again, we will be very pleased to have you  Unfortunately we blamed it on Israel, it was not a very smart thing to do  very sorry"}
{"_id": "223652", "title": "", "text": "Maintain your U.S. bank accounts. Use xe.com to transfer money back and forth."}
{"_id": "223687", "title": "", "text": "You will tend to find as options get closer to expiry (within 2 months of expiry) they tend to be traded more. Also the closer they are to being in the money they more they are traded. So there tends to be more demand for these options than long dated ones that are far out of the money. When there is this higher demand there is less need for a market maker to step in to assure liquidity, thus there should be no effect on the underlying stock price due to the high demand for options. I would say that market makers would mainly get involved in providing liquidity for options way out of the money and with long periods until expiry (6+ months), where there is little demand to start with and open interest is usually quite low."}
{"_id": "223694", "title": "", "text": "\"Usually... if you can't figure the business model for a cheap or \"\"free\"\" product it's because you ARE the product and just don't know it.  In this case, moviepass has found a buyer who will pay more for the data on your movie watching habits than they have to fork out for movie tickets.   This is why the price dropped from $60 to $10. It's a data play now.   Don't worry... You're giving Google and Facebook way more for access to their \"\"free\"\" technologies, I assure you.\""}
{"_id": "223696", "title": "", "text": "\"I'm not dismissing anyone from the third world. I'm dismissing the hordes of unemployed kids my age who attribute my success to \"\"luck\"\" while they squander what resources and time they have on drinking, smoking and fast food. I had to eat cup-o-noodles every day for lunch for two years so I could afford textbooks without crippling myself with debt. I have a friend who's a single mom, lives with her parents, no help from babby daddy, and she eats at McDonalds three meals a day. She's literally spending more than my car payment just on food alone. Bear in mind her parents grocery shop and cook for her, she just prefers to eat out.     If you're from Darfur, sure you might be at a competitive disadvantage. But if you're a poor american, sack the fuck up. I came from a lower middle class family. My dad made ~$35k a year when I was growing up and my mom didn't work. I made it. My wife grew up in rural indiana, two hours from the nearest hospital, in abject poverty. She managed to get herself out it through sheer force of will and she makes more than I do now.      My *biggest* complaint about contemporary liberalism is the abandonment of the concept of personal responsibility. I'm all for eliminating systemic injustice but society simply can not function if we all feel entitled to a great job, a big house and an iPhone.\""}
{"_id": "223697", "title": "", "text": "One thing that kept me from doing a budget for years is how complex some people make it.  For example you list your gross pay, then deduct the taxes, 401K, FSA, etc...  Why?  Those are pretty consistent. For me, the way this is budgeted is I list my net pay, and go from there.  If you were perfect in predicting your FSA, you would have no medical expenses on your budget!  Simple, easy budget! Now this year, you will probably have to pay out of pocket for some expenses.  Can you predict how much?  Can your disposable income absorb the overages?  If not you will need to start a sinking fund.  That is put a sufficient amount of money into a savings account each month to cover the shortage.    Keep in mind you can go over a bit on your FSA contributions.  If you find yourself near the end of the plan year with extra money, you can also claim mileage reimbursement for your medical appointments.  Since your FSA has a history of those, it is easy to calculate your mileage from your home to the DR's office and submit a claim."}
{"_id": "223700", "title": "", "text": "what are sick days? what if you're sick beyond those 10 days? You don't get paid? what about those 10 sick days, you do have to hand in a doctors note or something? Is there any compensation if you don't take any sick days?  Europe here, we have no such thing as sick days, you can be ill as much as you want, and many people take multiple weeks (eventually you will get fired i guess ;) but as a person who hasn't taken a single sick day in the past year the whole thing kinda bothers me, as i am doing the work of the sick people every time."}
{"_id": "223706", "title": "", "text": "\"I received my offer to join one of GS/MS/JPM the fall of my senior year through On-Campus Recruiting. I submitted my resume for the Investment Banking Analyst position, passed the first round on-campus interview, was sent to a \"\"superday\"\" at NYC headquarters about a week later, and walked out with an offer at the end of the superday.   I should probably note that I was an engineering major, so most of my interviews were focused on \"\"why finance.\"\" You *really* need to be sharp on explaining your story (by walking someone through your resume clearly and concisely).\""}
{"_id": "223712", "title": "", "text": "The answer likely depends a bit on which state you are in, but this should be true for most states.  I don't know anything about Pennsylvania specifically unfortunately. The Affordable Care Act created the SHOP marketplace, which allows small businesses to effectively form larger groups for group coverage purposes.  SHOP stands for Small Business Health Options Program, and requires only one common-law employee on payroll. This would effectively allow you to offer group coverage without having a group.  Talk to your tax accountant for more details, as this is still very new and not necessarily well understood. There are some other options, all of which I would highly suggest talking to a tax accountant about as well.  HRAs (health reimbursement accounts) allow the employer to set aside pre-tax funds for the employee to use for approved medical expenses; they're often managed by a benefits company (say, Wageworks, Conexis, etc.).  That would allow your employee to potentially pick a higher deductible health plan which offers poorer coverage on the individual marketplace (with after-tax dollars) and then supplement with your HRA. There are also the concept of Employer Payment Plans, where the employer reimburses the employee for their insurance premiums, but those are not compatible with the ACA for the most part - although there seems to be a lot of disagreement as to whether it's possible to have something effectively the same work, see for example this page versus this for example."}
{"_id": "223746", "title": "", "text": "Bermis Inc has a team of industrial electricians that can handle all of your electrical construction and maintenance needs.  This includes lighting retrofits, single equipment installs, full production lines to complete plant relocations and incoming service upgrades."}
{"_id": "223756", "title": "", "text": "I think Trump is actually trying to get the Middle east to go nuclear, I guess all those years indebted to the Bankers, giving up his darling daughter as collateral, has left him with a taste of circumcision in his mouth and this is his roundabout way of getting revenge.. . .  We seem to be aiming to have Nuclear weapons surround Israel  . .you know, I can get Jiggy with that"}
{"_id": "223765", "title": "", "text": "Welcome to LC Webpros. We are the best digital marketing and SEO service provider company, which is located in Gainesville, FL. We provide the best IT related services in the United States from previous many years. Our Services Are website design internet Marketing, Social Media Marketing, SEO, Videography, Photography and more service. If you are looking internet marketing for your business, then we are the best one way for you."}
{"_id": "223792", "title": "", "text": "Each trade will cost you nearly $10 to buy and then $10 to sell. With $1800 that is literally 1% of your initial investment lost to fees.   It would be far wiser for you to learn with play money instead.  Head over to investopedia and use pretend money:     http://www.investopedia.com/simulator/    If you're absolutely fine with losing your $1800 than go ahead and jump into some companies you like.  I would not recommend that though.  Put the $1800 into one single position that you will hold for a few years and play with pretend money to get a better feel for short term trades."}
{"_id": "223795", "title": "", "text": "The holders of the shares have to agree to sell them to management in a share repurchase.  Typically, share repurchases are done in the open market, causing market activity to increase the share price marginally.  This is how the company returns the value to shareholders.  The company could also negotiate a price with a mutual fund, or founder, for a large block.     If they get close to the point of purchasing all outstanding shares, this would be exactly the same as the management of the company taking the company private, buying out all existing shareholders.   To prevent a single holdout from keeping say the very last share for one million dollars or the like on the open market, they would generally propose to the board of directors the buyout terms with a price per share, and most corporate charters are written such that the directors' vote binds minority shareholders to buyout or merger decisions.  Michael Dell famously took Dell Computer private in 2013, raising external money to offer a fair price to the board, which accepted it, letting him take it back to private status."}
{"_id": "223806", "title": "", "text": "A lot of companies now do credit checks before employment. They may decide that you are untrustworthy by having shoddy credit after a foreclosure/bankruptcy. The past 2 jobs I have they did a credit check. I wonder how companies use that information in the hiring process."}
{"_id": "223820", "title": "", "text": "While dealing with US pennies and not 1 and 2 cent euro pieces, you may find this Wikipedia article of interest and analogous: Penny debate in the United States This article briefly summarizes both the arguments for and against retaining the one cent piece.  The arguments against include: Arguments for preservation include: Already a number of countries have removed their equivalents of the one and two cent coins, including New Zealand, Sweden, Australia, Israel, and Brazil (to name a few)."}
{"_id": "223823", "title": "", "text": "PE ratio is the current share price divided by the prior 4 quarters earnings per share. Any stock quote site will report it. You can also compute it yourself. All you need is an income statement and a current stock quote."}
{"_id": "223840", "title": "", "text": "What?!  According to that article's description, ANYONE can take advantage of the Post Office.  But the article tries to make it look like Amazon is the only one making off like bandits from it!  What the one-sided argument are you trying to feed me here?  That's still free market.  I think you should look for the flaws in the articles before you accept their narrative.  Every article has flaws.  If you know what they are, you can shore them up with other proof that backs up the weaknesses, or you can dismiss the article as worthless.  In the case of this article, I'm afraid I must dismiss it as worthless.  It is selling a narrative that the Post Office is catering to Amazon, when it is clear that Amazon is simply abusing the Post Office the same way any company can, and probably does."}
{"_id": "223841", "title": "", "text": "The first and most important thing to consider is that this is a BUSINESS TRANSACTION, and needs to be treated as such. Nail down Absolutely All The Details, specifically including what happens if either of you decides it's time to move and wants to sell off your share of the property. Get at least one lawyer involved in drawing up that contract, perhaps two so there's no risk of conflict of interest. What's your recourse, or his, if the other stops making their share of the payments? Who's responsible for repairs and upkeep? If you make renovations, how does that affect the ownership percentage, and what kind of approval do you need from him first, and how do you get it, and how quickly does he have to respond? If he wants to do something to maintain his investment, such as reroofing, how does he negotiate that with you -- especially if it's something that requires access to the inside of the house? Who is the insurance paid by, or will each of you be insuring it separately? What are the tax implications? Consider EVERY possible outcome; the fact that you're friends now doesn't matter, and in fact arguments over money are one of the classic things that kill friendships. I'd be careful making this deal with a relative (though in fact I did loan my brother a sizable chunk of change to help him bridge between his old house and new house, and that's registered as a mortgage to formalize it). I'd insist on formalizing who owns what even with a spouse, since marriages don't always last. With someone who's just a co-worker and casual friend, it's business and only business, and needs to be both evaluated and contracted as such to protect both of you. If you can't make an agreement that you'd be reasonably comfortable signing with a stranger, think long and hard about whether you want to sign it at all. I'll also point out that nobody is completely safe from long-term unemployment. The odds may be low, but people do get blindsided. The wave of foreclosures during and after the recent depression is direct evidence of that."}
{"_id": "223860", "title": "", "text": "govt debt and money printing is nothing to the amount of debt in circulation in the private sector (41 trillion).  it was the private sector that created the inflation and bubbles.     giving students 1 trilion to pay off all student loans isn't inflationary, it would be deflationary.  because the banks created the credit out of thin air to lend to the students for college, if you pay it back, it closes the circuit.   Govt would have 1 trilion in debt, but that's nothing, only a trilion dollars.   it can get paid back in tax revenue from economic recovering by the private sector no longer burdened by debt."}
{"_id": "223870", "title": "", "text": "Most of it is probably due to ignorance and disbelief. A few years ago, I started doing week-long trades with my IRA. For a while I would make money each time, and over the first year I had about a 20% rate of return. If you asked me if I thought I was smarter than other people in the market, I would've told you no - I just spent more time, and most people accepted a small financial penalty for not having to spend the time directly managing their portfolio. Then I made a few poor choices, and all my previous earnings disappeared quickly. In the short term, yeah, things were great, but that didn't extrapolate out. So now that I'm a few years into investing, I'm almost entirely in index funds."}
{"_id": "223872", "title": "", "text": "Lets imagine two scenarios: 1) You make 10.4k (40% of total income) yearly contributions to a savings account that earns 1% interest for 10 years. In this scenario, you put in 104k and earned 5.89k in interest, for a total of 109.9k. 2) You make the same 10.4k yearly contribution to an index fund that earns 7% on average for 10 years. In this scenario you put in the same 104k, but earned 49.7k in interest*, for a total of 153.7k. The main advantage is option 1) has more liquidity -- you can get the money out faster. Option 2) requires time to divest any stocks / bonds. So you need enough savings to get you through that divestment period. Imagine another two scenarios where you stop earning income: 1-b) You stop working and have only your 109.9k principal amount in a 1% savings account. If you withdraw 15.6k yearly for your current cost of living, you will run through your savings in 7 years. 2-b) You stop working and have only 20k (2 years of savings) in savings that earns 1% with 153.7k in stocks that earns 7%. If you withdraw your cost of living currently at 15.6k, you will run through your investments in 15 years and your savings in 2 years, for a total of 17 years. The two years of income in savings is extremely generous for how long it starts the divestment process.  In summary, invest your money. It wasn't specified what currency we are talking about, but you can easily find access to an investment company no matter where you are in the world. Keep a small amount for a rainy day."}
{"_id": "223896", "title": "", "text": "\"As a former professor, I have few questions:  1. When it comes to the things you listed, how to **filter** things, how to **build a structure and methodology** to handle tasks, how to **research and elaborate** on the knowledge needed, **motivation**, **social and personal traits**, and seeking **feedback** (including self-critic), what percentage of this is taught or can be taught in school, and what percentage of this is part of the personality you already have and cannot be taught? Can \"\"motivation\"\", for example, be taught in school?  2. When it comes to practical and current knowledge needed in the workplace, is it coming more from what was taught in college, or is it more from self study and experience gained in the first few weeks at a real work environment?   3. Do colleges and universities fail students when needed? When I was teaching, and from professors I currently know, the guidelines are very strict as for the possibility of failing a student. Few of my students should never ever be accepted to college, definitely should have failed my classes as clearly they do not have the capability to handle the real requirements, bad and immature personalities, zero chance to improve, etc. I was prevented from failing few of them.  Lastly, I do think kids should go to college, but traditionally, colleges and universities were mostly(!) to demand high standards, tough acceptance, and fail those who can't handle the requirements. Thus, those fewer who got degrees deserved those degrees and almost always benefited from those degrees as for getting work, good compensation for their work and succeeding in their work.\""}
{"_id": "223911", "title": "", "text": "\"What kind of statistics are you looking for? The increased use of tasers among police who actually have tasers? The increased use of SWAT teams by police forces with SWAT teams?  That said; a \"\"slippery slope\"\" is when a small step leads to further steps towards an unwanted end. What's the \"\"slippery slope\"\"? Am I leading us down one? Police forces in general?\""}
{"_id": "223913", "title": "", "text": "What other ways would you suggest? Plus, if I truly believe that the product I'm selling is going to improve your life, it would be incredibly fucking rude not to give you the opportunity to obtain it. And that is how I feel. I'm not wasting people's time, I am honestly trying to better their lives with my product. I don't really understand how that makes me an intrusive asshole. Honestly, its people like you who are the assholes. I'm making cold calls because that's my job. I believe in my product and believe my potential customers will find it desirable too. When people like you assume we are just intrusive assholes trying to rip people off, it makes my job harder, less efficient, and no where near as fulfilling. I would suggest you take a look at yourself and change your attitude towards people who approach you with their products instead of assuming everyone who attempts to sell you something is just a rude, intrusive waste of time."}
{"_id": "223919", "title": "", "text": "\"**The. Heading. Says. Gasoline.**  How the hairy fuck can it be misleading, unless you're registered blind and have a defective text to speech reader, so you make the font 200 pixels, and have to put your nose to the screen?  \"\"WARNING! DANGER! HIGH VOLTAGE!\"\"  \"\"That sign is misleading! Water is very dangerous!\"\"  Damn your non sequitur.  and TWENTY THREE PEOPLE AGREE WITH YOU.  Oh for fucks sake, what is wrong with your reading comprehensions!?  #Face Palm#\""}
{"_id": "223921", "title": "", "text": "\"This will be interesting. He sued under Title VII, which has a clear exception for religious organizations.   [42 USC \u00a7 2000E\u20131](http://www.law.cornell.edu/uscode/text/42/2000e-1) &gt; (a) Inapplicability of subchapter to certain aliens and employees of religious entities  However, these are **nonprofits** like Worldvision, Boy Scouts, YMCA and even hospitals that produce a \"\"nonsecular\"\" product. Selling lightbulbs ... not so much.\""}
{"_id": "223948", "title": "", "text": "How would the economy affect Dell?  * Sales revenue (look at financial reports since 2008), especially in enterprise-level sales for small businesses * Research and development - are they investing in creating new products now, or making minor adjustments to older lines?  The lack of available credit in the economy might affect this decision.  Connect this with the next part of your project - with their current course, are Dell's products going to be relevant in 3 years? * Supply issues - any recent supplier changes due to economic hardship?  Any evidence of outsourcing/insourcing based upon the current economy?  Also, there is currently a massive shortage in hard drives due to floods in Thailand.  Just some thoughts."}
{"_id": "223951", "title": "", "text": "\"From personal experience of having been abroad for a while for work, I found the simplest method to be to Paypal it to myself from one country to the other. Yes, you incur a transaction fee - but it was always less expensive than \"\"real\"\" bank fees for me. Also - if you use a bank that has offices in both countries, adding an authorized user with a debit card and having them visit the bank every X often and making a withdrawal is a viable route.\""}
{"_id": "223966", "title": "", "text": "Today, your website tells all about you and is a great source of income. It describes all the work you can do. A good website and even logo have a relevant effect on what you do and how much efficient you are. A responsive and amazing website attract customer for your business. We can say it is a marketing technique that you can use to expand your business. So, we will help you in this. We make the best website for your business and help you in achieving your goal. We are providing website designing in Waikato region."}
{"_id": "223971", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.project-syndicate.org/commentary/german-g20-investment-framework-for-africa-by-wolfgang-schauble-2017-06) reduced by 86%. (I'm a bot) ***** &gt; The CWA offers interested African countries the opportunity to improve conditions for private investment, including in infrastructure.  &gt; The CWA&amp;#039;s structure is straightforward: African countries, together with their bilateral partners and international financial organizations with proven expertise on Africa, will jointly develop, coordinate, and implement tailor-made measures.  &gt; With the upcoming G20 Africa Partnership Conference in Berlin on June 12-13, we will provide a platform for these African countries to reach out to investors in order to enhance the continent&amp;#039;s engagement with the private sector.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fxdgr/wolfgang_shauble_africa_has_an_enormous_economic/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~139006 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **country**^#1 **African**^#2 **CWA**^#3 **Africa**^#4 **G20**^#5\""}
{"_id": "224000", "title": "", "text": "\"A money order is basically a pre-paid check. The physical cash would probably get deposited into a \"\"master\"\" custodial bank account. Each money order has a different bank account number on the check where the funds are available as you have paid-for already. With the routing number as well, your traditional bank account will be able to process it as a deposit.  For USPS money orders though, they can be cashed directly at their retail locations.\""}
{"_id": "224011", "title": "", "text": "\"The quickest way to approach this question is to first understand that it compares flows vs. levels. Market size is usually stated as an annual or other period figure, e.g. \"\"The market size of refrigerators will be $10mn in 2019.\"\"  This is a flow figure. Market capitalization is a level figure at any given point in time, e.g. \"\"The market cap of the company was $20 million at the end of its last fiscal quarter.\"\" Confusion sometimes occurs when levels and flows are used loosely for comparisons.  It is common for media to make statements such as \"\"Joe Billionaire is worth more than the GDP of Roselandia.\"\"  That is comparing a current level (net worth) with an annual flow (GDP). With this in mind, there are a variety of conditions where a company's equity market value will exceed its market size.  The most extreme example is an innovating, development-stage enterprise, say, a biotech company, developing a new market for a new product; the current market size may be nil while the enterprise is worth something greater. The primary reason however for situations where a company's equity market cap is greater than its market size is usually that the financial market expects the enterprise (and oftentimes its market, though this isn't necessary) to grow substantially over time and hence the discounted value of the company may be greater than the current or near future market size. A final example:  US annual GDP (which comprises of much more than corporate incomes and profits) for 2014 was about $17.4tn while the nation's total equity market value in 2014 was $25.1tn, both according to the World Bank.  That latter figure also doesn't include the trillions of corporate debts these companies have issued so the total market cap of US, Inc. is substantially greater than $25.1tn.\""}
{"_id": "224031", "title": "", "text": "Be glad you don't live in the Pacific Northwest. We're still recovering from a refinery shut down that sent our gas prices to $4.30/gallon while the rest of the nation was at $3.50/gallon. Our gas prices are still higher than US average at $3.70/gallon. Some gas stations are still charging $3.90+ here."}
{"_id": "224057", "title": "", "text": "There is a 3rd option: take the cash back offer, but get the money from a auto loan from your bank or credit  union. The loan will only be for. $22,500 which can still be a better deal than option B. Of course the monthly payment can make it harder to qualify for the mortgage. Using the MS Excel goal seek tool and the pmt() function:  will make the total payment equal to 24K. Both numbers are well above the rates charged by my credit union so option C would be cheaper than option B."}
{"_id": "224062", "title": "", "text": "This depends in part on the bank holding your loan and the loan agreement.  Some loans will accept partial payments and apply them immediately; some will not accept partial payments at all, and some will accept the payment but hold the funds until the payment is at least your complete payment.  You should check your loan agreement to find out how the payment will be processed, as well as how it will be applied. It also is relevant how interest is calculated and accrued; if your interest is a daily rate, then you may save some money this way, but if it's a monthly rate then you wouldn't necessarily.  Either way you wouldn't really save very much money; in your particular case you'd be saving $0.15 per month (.025/24 = .001 semimonthly interest rate, $150 paid halfway through the month means you pay .001*150 less interest).  Is that $0.15 worth it?  Up to you I guess.  If you're paying that for 5 year loan, you'll end up ahead $9 at the end of it. Finally, there is a kind of program often offered to new mortgage holders where you pay every two weeks (like your paycheck) and thus 'pay down your mortgage faster by saving on interest', which is true, but it's because you make 26 half payments per year instead of 12 full (or 24 half) payments, not primarily because of particular savings on interest due to timing (and of course the program offerer has to make money somewhere!).  Paying an extra 8.33% each year is certainly a good way to pay off your loan faster, but it's not primarily due to the frequency of those payments."}
{"_id": "224069", "title": "", "text": "\"You need to interpret \"\"security\"\" appropriately in Wikipedia's definition.  You should think of it as saying: to be long in a put, means the holder of the position owns the put   and will profit if the price of the put goes up And what makes the price of the put go up?  -- the price of the underlying stock going down.\""}
{"_id": "224092", "title": "", "text": "Proper enforcement of laws currently on the books that should have prevented a company like Citi from selling loans that violated their own underwriting standards would have knocked out a huge part of it. Banks would have been a lot less willing to give loans to people who couldn't afford them if they knew that they couldn't flip them on the secondary market."}
{"_id": "224098", "title": "", "text": "You're most definitely being scammed. You're being asked all the information required to steal your identity and take over your bank account. And Austria is land-locked, it has no west coast (or any coast, for that matter)."}
{"_id": "224100", "title": "", "text": "They put their stock on the market that people then purchased, if they don't put that stock out there then I suspect those people will just buy the stock from somewhere, so really no harm was caused to any individual that would have been prevented otherwise.   It's not great, and shouldn't be done as market asssumtry isn't good. I think the punishments for if aren't to right any sort of wrongdoing, it's to act as a deterrent."}
{"_id": "224102", "title": "", "text": "(Assuming in the US) There are several possibilities, but to be honest anyone here is only going to be able to make guesses.  To get the answer, the account holder (your girlfriend) is going to have to contact the bank and ask them directly.      Some possibilities include:  Suspicion of money laundering, suspicion of possible illegal activities in the account (e.g. check kiting), suspicion of possible prohibited activities (not necessarily illegal, but as defined in the account agreement, they may not allow activity related to gambling or pornographic businesses, for example), suspicion of business activity taking place in a non-business account, insufficient KYC (Know Your Customer) information on the account (such as they did not or could not verify required information during the account opening process), a negative ChexSystems report (for example, they found out through ChexSystems she had derogatory information reported on another account at another bank previously), or extended period of time it was overdrafted (usually 30+ days).    I should also add that any bank/credit union has just as much a right to close an account with a customer, as the customer has the right to close their account with the bank/credit union, at any time, without notice.      In *most* cases (although not all), when a bank closes an account, they will send a letter to the address on file for the account beforehand explaining the reasons.  Have her check her mail.      Are you sure the account is actually *closed*, and not just *blocked*?   It could just be in a blocked status due to overdraft or some other reason, which is very different from being closed.      As for where the direct deposit went - if the account is truly closed, then the money is being returned back to the company that initiated the direct deposit - usually takes 2-3 business days.  Your girlfriend will have to contact the company's payroll department to arrange other means of payment, such as a check.      In any case, it's all speculation at this point until the bank can be contacted to find out the real reason why.  (Tip for the future:  Look at switching to a bank that has 24/7 customer service)"}
{"_id": "224114", "title": "", "text": "\"Subtracting the loan from a deposit is known as \"\"setting-off\"\", and in general whether you can do it would depend on the terms of your contract with the bank. It's quite likely that they wouldn't state it either way and at best you might end up with a legal fight. So I'd recommend assuming that it won't be possible.\""}
{"_id": "224134", "title": "", "text": "The ISSA brand is a part of the red Dragons of Wales (UK) with global partners, investors and supporters standing firm to allow the private group to take care of Business for best interest of global stability and global peace process.   Show you're support and best wishes to ISSA as they start the long term advance to delay and disrupt the brutal Arabic murderers who call themselves IS."}
{"_id": "224154", "title": "", "text": "Money Dashboard and Love Money look like two best options out there now that Kublax closed their doors. Mint were making noises last year about spreading to UK/Canada, but I've not heard anything new about that."}
{"_id": "224167", "title": "", "text": "Generally, a one time thing is considered a gift. For the donor this is obviously not a deductible expense, except for some specific cases (for example promotional gifts under $25 to vendors can be deducted, if you're a business, or charitable contributions to a recognized charity). However, if this is a regular practice - that would not be considered as a gift, but rather as a tax fraud, a criminal offense. Being attentive I would like to make a little gift or give some little   (<100$) amount of money (cash/wire/online) for that Why? Generally, gift is exempt from income if no services were provided and the gift was made in good faith. In the situation you describe this doesn't hold. When the gift is exempt from income to the receiver - the donor pays the tax (in this case, below exemption the tax is zero). If the gift is not exempt from income to the receiver - it is no longer a gift and the receiver is paying income taxes, not the donor. The situation you describe is a classic tax evasion scheme. If someone does it consistently and regularly (as a receiver, donor, or both) - he would likely end up in jail."}
{"_id": "224179", "title": "", "text": "We have a global network of over 1,000 certified linguists around the world\u2014the best in the industry. All of our translators are native speakers of the target language and recognized experts in their subject areas. They are rigorously selected professional translators, who have been verified and assessed by Glocale.  Our team have managed thousands of language translation projects encompassing millions of words in every major business language, subject matter and industry for these clients as well as for businesses of all sizes and statures."}
{"_id": "224211", "title": "", "text": "Reminds me of when I had a warehouse job about 10 years ago. I started at the same time as a lot of temp employees. A lot of these temps were promised permanent jobs after 6 months. That didn't happen quite on schedule and one I worked with kept complaining about it loudly. So they hired him. I was in the room when he was told he had to get a drug test the next day. It wasn't a happy face. I never had a chance to compare and contrast though because he never showed up again."}
{"_id": "224220", "title": "", "text": "It's good, it's more important that you are at a top school.   The industry is pretty competitive, but I go to a very much non - target school,and I landed a killer internship in sales and trading due to networking my balls off and failing a bunch of times.  My major is Finance, with a Stats minor that I'll be dropping."}
{"_id": "224224", "title": "", "text": "\"Time for Redditors to not understand that the reason someone is losing cash matters far more than the fact that they're losing cash in the first place.   If you have positive unit economics on every transaction and spend your margins on customer acquisition, you're losing money but gaining market share. Once you stop growing, all of the customer acquisition spend is now pure profit. This is a great reason to be losing money and raising capital from equity/debt.   If you have *negative* unit economics on every transaction and have *no* margins, you are resorting to financing to just keep your operations running. When you stop growing, you're still losing money. The only way you start having a margin is by reducing cost or increasing prices. Uber has experimented with raising prices and it is reducing their losses. But it's also reducing their market share. Revenue growth but market share loss means they're growing slower than the rest of the market. Not great. In fact, catastrophic, because it means people are jumping ship because of increased prices.   People keep comparing Kalanick to Bezos and Jobs, and could not be any more wrong.   Jobs made incredibly high margin, noncommodity premium products that you couldn't get anywhere else. If you're putting companies on a \"\"commodity-noncommodity\"\" axis, Apple is going to be on the opposite end of Uber.   Amazon does deliver a lot of commodity goods, but they lost money for so long not just to deliver goods at negative unit economics but to *also* build and scale infrastructure that let them achieve positive economies of scale. They built an infrastructure that rivals the logistics ops of anyone in the world. They also use negative unit economics as a loss leader; so for instance, selling the Fire and Kindle at a loss because people will buy zero marginal cost items like movies, music, ebooks, etc through them, in addition to serving as a portal for Amazon's entire online store. I have bought hundreds of dollars of digital goods through Amazon hardware. That's pure margin for them. How is UberX a loss leader?   Uber shares none of these traits with Amazon or Apple.\""}
{"_id": "224226", "title": "", "text": "\"What you want is called a \"\"car wrap.\"\" A designer can get a template for your truck, to have exact measurements of its dimensions. Then he creates a full color design in Adobe Illustrator or whatever. Then he prints them in waterproof, colorfast inks on a Mutoh inkjet printer onto shrinkable plastic with an adhesive backing. Then a guy carefully pastes them all over your truck. It's easy on flat sides, but they have techniques to seamlessly cover every surface of the truck, including the curved bits like around the headlights. It looks [something like this](http://www.capitalwraps.com/blog/bid/37088/Florist-Vehicle-Wraps-Bloom-In-The-Effectiveness-And-Visibility).  But FFS please get a serious designer who does quality work, and not some amateur that produces an eyesore. Good graphics are good advertising, and costs good money to make.\""}
{"_id": "224227", "title": "", "text": "\"Amazon is looking for tax breaks...not only from the location of their new site, but also from WA State. WA stands to gain more long term tax revenue if Amz changes it's mind and decides to stay so they will likely kick in tax breaks to minimize the # of employees shifted to the new office.  Also worth noting, they specifically say \"\"North America\"\" in the search so Toronto, Montreal, and Mexico City could all theoretically be in the running too. (Vancouver BC is out because it is just too close geographically to Seattle.) It really depends on their search criteria and long term plans.\""}
{"_id": "224229", "title": "", "text": "I just briefly looked into the gravity battery and it looks like a pain in the neck engineering wise. Making that economically viable with the requirement to replace the installed base seems unfeasible. Also it doesn't seem to take care of one of the main issues - transportation. Running electricity through wires is extremely inefficient because the wires have a certain amount of resistance. So energy company try to minimize the amount of wires used by localizing power plants. For solar and wind, which are efficiency is dependent on region, transportation is the real issue for widespread adoption"}
{"_id": "224231", "title": "", "text": "\"Wow, this turns out to be a much more difficult problem than I thought from first looking at it. Let's recast some of the variables to simplify the equations a bit. Let rb be the growth rate of money in your bank for one period. By \"\"growth rate\"\" I mean the amount you will have after one period. So if the interest rate is 3% per year paid monthly, then the interest for one month is 3/12 of 1% = .25%, so after one month you have 1.0025 times as much money as you started with. Similarly, let si be the growth rate of the investment. Then after you make a deposit the amount you have in the bank is pb = s. After another deposit you've collected interest on the first, so you have pb = s * rb + s. That is, the first deposit with one period's growth plus the second deposit. One more deposit and you have pb = ((s * rb) + s) * rb + s = s + s * rb + s * rb^2. Etc. So after n deposits you have pb = s + s * rb + s * rb^2 + s * rb^3 + ... + s * rb^(n-1). This simplifies to pb = s * (rb^n - 1)/(rb - 1). Similarly for the amount you would get by depositing to the investment, let's call that pi, except you must also subtract the amount of the broker fee, b. So you want to make deposits when pb>pi, or s*(ri^n-1)/(ri-1) - b > s*(rb^n-1)/(rb-1) Then just solve for n and you're done! Except ... maybe someone who's better at algebra than me could solve that for n, but I don't see how to do it. Further complicating this is that banks normally pay interest monthly, while stocks go up or down every day. If a calculation said to withdraw after 3.9 months, it might really be better to wait for 4.0 months to collect one additional month's interest. But let's see if we can approximate. If the growth rates and the number of periods are relatively small, the compounding of growth should also be relatively small. So an approximate solution would be when the difference between the interest rates, times the amount of each deposit, summed over the number of deposits, is greater than the fee. That is, say the investment pays 10% per month more than your bank account (wildly optimistic but just for example), the broker fee is $10, and the amount of each deposit is $200. Then if you delay making the investment by one month you're losing  10% of $200 = $20. This is more than the broker fee, so you should invest immediately. Okay, suppose more realistically that the investment pays 1% more per month than the bank account. Then the first month you're losing 1% of $200 = $2. The second month you have $400 in the bank, so you're losing $4, total loss for two months = $6. The third month you have $600 in the bank so you lose an additional $6, total loss = $12. Etc. So you should transfer the money to the investment about the third month. Compounding would mean that losses on transferring to the investment are a little higher than this, so you'd want to bias to transferring a little earlier. Or, you could set up a spreadsheet to do the compounding calculations month by month, and then just look down the column for when the investment total minus the bank total is greater than the broker fee. Sorry I'm not giving you a definitive answer, but maybe this helps.\""}
{"_id": "224242", "title": "", "text": "The best time to start holiday shopping is just after the holidays, when stores are selling off their remaining overstock. Outside of that, there's no one answer."}
{"_id": "224251", "title": "", "text": "\"The dirty secret of finance is that a lot of front office work is also boring. Get used to it. The moments when money pours magically from the phone and gushes unstoppably from your Bloomberg are brief and fleeting, and are punctuated by long months when you do little but scrub data, build models and systems, foster client relationships with people you don't especially like, and spend god-knows-how-long in mind-numbing internal meetings. You want to stab yourself now? Just wait.  \"\"My department generates nothing because it's all compliance.\"\" &lt;- Don't be this guy, it's not a commendable or mature attitude. Compliance and back office are not sexy areas, but without them guess what? Your trades won't settle and you'll end up in prison. They frequently work longer hours than front office, always get paid less than front office, and they've been told by better guys than you that they are nothing but a cost base. They also have long memories and a vindictive sense of retribution, especially for condescending front office twats who look down on them...\""}
{"_id": "224259", "title": "", "text": "\"I was perplexed by this until a few days ago when it finally clicked in a meeting with our fraud and money laundering teams in work (I work on trading surveillance). Apparently fraud detection and prevention of money laundering are currently the biggest delayers when it comes to electronic transfer of funds, checking that the transferring party has the funds to transfer etc. takes no time at all. It takes some time for a bank user to \"\"release\"\" a funds transfer; once it has been initiated it is put into a queue to be reviewed as potentially fraudulent or money laundering activity. Almost every transaction has to be monitored for this from a legal standpoint. The compliance process can take multiple days. Once the process is complete the request also has to go through \"\"settling\"\" which is an end of day process whereby banks \"\"net off\"\" their customers' transactions with other banks and only pass the net value between them. This is an end of day process by nature so only happens once a day meaning that once all of the checks have occurred any transaction will take until the end of the day to crystallise for the bank and so get credited to their customers' accounts. Incidentally in the UK and Europe banks are moving to streamline this process through \"\"faster payment\"\" systems (that is the industry term for the technology) so that customers see the effect within a few hours (2 in the UK currently) and then the banks net off at the end of day as usual. This means reducing the time it takes to do the checks that have to be done using specialist software to flag transfers as potentially fraudulent or not and making banks' processes much clearer and faster.\""}
{"_id": "224282", "title": "", "text": "While I get the concepts you are using, I don't think there is a purely, or even mostly, economically strong company in the US right now. Large companies have seen that regulatory capture is a loaded gun on the table. They can either use it or have it used against them."}
{"_id": "224283", "title": "", "text": "&gt;Obviously, if we've got far, far fewer government workers that any any point since World War II  Got a cite?  The number of federal workers has expanded steadily for a while now, but a cite might save me from trying to napkin math population ratios and whatnot."}
{"_id": "224314", "title": "", "text": "My favorite places to eat are places that do a few things and do them really well.  Inventory turnover is important at a place that serves food.  I do not go to Chipotle to get chicken fingers or burgers or dim sum or linguine or seafood or pho. I go there to get the one thing they've focused on doing well.    You seem to be really hung up about about how their menu is too limited.  Chipotle makes burritos.  If you don't like burritos maybe you should go somewhere that doesn't make burritos."}
{"_id": "224320", "title": "", "text": "You need a blog, or a thread of your own. I want to learn about this, and you appear to be quite knowledgeable and thorough in your explanations. Would it be possible for you to make a thread, or reply, or pm explaining some of the pro's and cons of fiat money?"}
{"_id": "224326", "title": "", "text": "\"Sure, but there's really no limit to how far you can take this logic. Every social institution - whether it be money, property rights, the government you pay taxes to, the language you speak - ultimately only enjoys a stable existence because people collectively accept its existence as real. But from my perspective as a single individual, the money I use and the laws I'm subjected to are just as real as the ground I walk on. It's perfectly rational to treat social objects as real even though their existence does not derive from the \"\"brute\"\" facts of the world.\""}
{"_id": "224332", "title": "", "text": "I've been a mortgage broker for almost 20 years.  I get people loans all of the time thru FHA and Conventional (Fannie Mae) with just one year work history; however, as a student, you must submit your school transcripts and your major needs to be in line with your current job.  I'm closing a guy next week that has only been in his job for 8 months but he just graduated with his Masters in Biology.  He's currently a wild life manager and the underwriter signed off on it easily."}
{"_id": "224345", "title": "", "text": "I would say that there is no real difference.  Asset management companies that is part of large banking groups usually seat in separate entities and operate independently from the rest of the bank. Assuming proper procedures (and regulators usually check that) are in place they will not share information with the rest of the bank and their assets are clearly segregated from the rest of the bank. They have the same fiduciary duties as an independent AM and are probably using the broker/dealer services of other banks as well as their parent. Reputation is a key issue for banks and conflict of interests are usually managed properly. Independence also comes and goes. The corporate history of Neuberger Berman is a good example. Neuberger Berman was once an independent asset manager. In 2003, it merged with Lehman Brothers, thus loosing its independence. When Lehman went bankrupt in 2008, NB did not join its parent company in bankruptcy and did not lose the assets of its clients. The company continued to operate until it was acquired by the management. Finally it is mostly a question of marketing and positioning."}
{"_id": "224366", "title": "", "text": "\"Yes, there are a lot of places you can research stocks online, Google Finance, Yahoo Finance, Reuters etc. It's important to understand that the price of the stock doesn't actually mean anything.  Share price is just a function of the market capitalization divided by the number of shares outstanding.  As an example take two companies that are both worth $1 million, but Company A has issued 10,000 shares and Company B has issued 100,000 shares.  Company A has a share price of $100 while Company B has a share price of just $10.  Comparing share price does nothing to indicate the relative value or health of Company A versus Company B.   I know there are supposed to be no product recommendations but the dictionary area of investopedia.com is a good source of beginner investing information.  And as Joe points out below the questions here with the \"\"stock\"\" tag would also be a good place to start.  And while I'm on a roll, the book \"\"A Random Walk Down Wall Street\"\" is a good starting point in investing in the stock market.\""}
{"_id": "224371", "title": "", "text": "\"A couple of distinctions. First, if you were to \"\"invest in real estate\"\" were you planning to buy a home to live in, or buy a home to rent out to someone else?  Buying a home as a primary residence really isn't \"\"investing in real estate\"\" per se.  It's buying a place to live rather than renting one.  Unless you rent a room out or get a multi-family unit, your primary residence won't be income-producing.  It will be income-draining, for the most part.  I speak as a homeowner. Second, if you are buying to rent out to someone else, buying a single home is quite a bit different than buying an REIT.  The home is a lot less liquid, the transaction costs are higher, and all of your eggs are in one basket.  Having said that, though, if you buy one right and do your homework it can set you on the road for a very comfortable retirement.\""}
{"_id": "224373", "title": "", "text": "What's the fastest way I can raise my credit score from nothing? I worked at a bank for almost 6 years and used their secured credit card.  To give you an example of what that did as far as credit was concerned: on Transunion my score increased 200+ points, while on Experian and Equifax, it increased by less than 150.  Most customers who used the card also saw an increase, provided that they paid on time and didn't max out the card. Some strategies I used and I recommended to my customers:"}
{"_id": "224377", "title": "", "text": "In a nutshell, throwing your taxable income in the trash does not remove it from your taxable income; you still have to report in your tax filing, and pay taxes as needed. Especially as you could at any time request your employer to write you a replacement check. I would expect them to start charging a fee for reprinting if you really annoy them by doing it dozens of times. If you want to avoid taxes on it, donate it to a deductible 501(c)3 organization; then it becomes neutral to your taxes."}
{"_id": "224392", "title": "", "text": "On what basis did you do your initial allocation of funds to each stock?   If you are 're-balancing' that implies returning things to their initial allocation.  You can do this without any research or recommendations. If you started out with say 10 stocks and 10% of the funds allocated to each stock, then re-balancing would simply be either buying/selling to return to that initial allocation.  If you are contributing to the portfolio you could adjust where the new money goes to re-balance without selling.  Or if you are drawing money from the portfolio, then you could adjust what you are selling. If on the other hand you are trying to decide if you want to alter the stocks the portfolio is HOLDING, then you have an entirely different question from 're-balancing'"}
{"_id": "224401", "title": "", "text": "I think 3D has the potential and anyone already with a product portfolio ready to go will shine. 3D will take off in South Korea and the USA before it blows up anywhere else, though. Time will tell...  As far as Sony goes in the TV business, I've noticed that their prices have come down considerably here in Europe in the past 1-2 years. I would most certainly be willing to bet that this is due to the price competition the Koreans (Samsung and LG) are giving them. Without having ever looked at Sony's reports and knowing nothing about the fundamentals of the company, I wonder if it's able to still be doing well enough in its TV segment to compete or if LG and Samsung are going to kick them out of the market purely on battles over MSRP."}
{"_id": "224406", "title": "", "text": "It would depend on the health insurance that was being offered, and if it covers your family or just you. We pay around $500-600 for individual health insurance for our employees (families cost north of 1500 a month).  It's extremely expensive. Provide more details on the stock purchase plan as well (it sounds to me like in that case you'd only be getting for free what it would cost to purchase the stock... but that's only $10-15, so negligible in this case.)"}
{"_id": "224421", "title": "", "text": "Now, you can do business Millet Export Data overseas easily and understand the policies of your competitors with data services online. The Database we offer include with price, Date, HS code, Product Description, Bill of Loading, Quantity, Country Name, Port Name etc."}
{"_id": "224424", "title": "", "text": "Amazon Prime members and Peapod users. Love shopping for grocery online and will try Amazon Fresh. What shocks me is how WalMart and Meijers (MPerk user) have let us leave w/o a fight. 4 kids and we spent ~$200 - 350 a week on groceries. Never heard anything from the brick and mortar stores. Bizare to me."}
{"_id": "224434", "title": "", "text": "My answer would be yes. In addition, I'm not sure that anything requires you to roll your current 401(k) into a new one if you don't like the investment options.  Keeping existing funds in your current 401(k) if you like their investment options might make sense for you (though they obviously wouldn't be adding funds once you're no longer an employee). As for the terms of the potential new 401(k), the matching percentage and vesting schedule match what I've seen at past employers.  My current employer offers the same terms, but there's no vesting schedule."}
{"_id": "224436", "title": "", "text": "Thanks. The reality is that just about any book is available freely as a PDF unless it is especially niche. This isn't my money so I don't mind spending it to have something physical. However, happy to hear if you have other interesting recommendations."}
{"_id": "224438", "title": "", "text": "for starters get a cheap easy accounting software pack like quickbooks and have the salesmen train you on it's use and set-up. the 50k you put into the company will count as paid up share capital. then any future withdrawal from company account will show as loan to director."}
{"_id": "224449", "title": "", "text": "The most successful ones are lead generation businesses that hire professionals. Getting clients can be difficult. Just because someone is an accountant/doctor/lawyer doesn't mean they can't hire employees. Marketing, leasing space, setting up a business, and management are skills that many professionals lack, and they will be looking for jobs."}
{"_id": "224451", "title": "", "text": "\"&gt;Skinned knees will become life threatening  Not true at all.  Antibiotics ASSIST the body's immune system. Standard antiseptic practice can prevent, and a healthy individual's immune system can fight off the vast majority of infections.  Now the problem is that places like hospitals are not only breeding grounds, but are often becoming endemic community repositories of super-infective antibiotic resistant bacteria; so if the kid with the skinned knee goes to the Emergency Room... then he's in store for a life-threatening problem.  As to the viability of things like hip surgeries, they are already a problem -- the solution will be to separate that kind of \"\"elective\"\" surgery to a different location (probably an outpatient/overnight-only surgical center) away from the normal \"\"hospital\"\".  The trend of rolling ALL medical care in an area into one big building/facility (combining clinic, emergency room, surgical, long term care, etc) -- has actually been a big (but seldom talked about) source of the problem.  The benefits of doing that are actually minimal, and the detrimental effects far outweigh them.\""}
{"_id": "224453", "title": "", "text": "Welcome to Carrental.com, we offer cheapest car rental Nepal, corporate travel, rent a car,  van,   minibus,  land cruiser,  hiace,  shuttle bus, coaster,  airport transfer,  helicopter tours in Nepal to our customers for giving them the best of comforts along with hotel reservations, to conclude an overall happy travel experience."}
{"_id": "224479", "title": "", "text": "No workplace is perfect.  There are probably a lot of things they are doing that seem wrong or don't make sense.  The problem is figuring out when it is something that matters, and when it is just an annoyance that can be lived with and hasn't yet found the resources to get fixed.  So be a bit humble, even if you see things you know are wrong, you should not necessarily think you work with a bunch of monkeys.  On the other hand, you may be starting your first job working with a bunch of monkeys.  Good luck."}
{"_id": "224530", "title": "", "text": "\"Logic fail. The qty of shares is irrelevant. What matters is the value, which is, of course, quite high -- and, what's more, the P/E ratio, which is extremely favorable. Having worked in operations at Apple for 7 years, I can tell you that the company is very lean and efficient.  25% matching is extremely generous. 25% contribution rates are standard in corporate jobs (contribution rates are what maximum percentage of your pre-tax income you can opt to set aside into a 401K; this is different than matching). It absolutely is not bare bones to be given 25% matching. Although I no longer work at Apple, I still have my 401K, and the administration of it is good, as is the choice of funds. Back to the matching... It's free money. For every $1 you put in your 401K (pretax, btw), Apple puts in a quarter. Having worked in other corporations over my career, I can tell you that this level of matching is pretty much as good as it gets.   For a good part of the time I worked there I made around $30K (not in Retail, but in Operations, as mentioned before). I maxed out the Employee Stock Purchase Program contribution and mostly maxed out my 401K contribution. Now, 12 years later, my stock appreciated beyond my wildest expectations. I have made well over six figures on it over the years. If I never sold any, it would be worth over $500,000 by now. All that from 10% contributions on a salary that ranged from about $26K when I started out to about $46K when I left 7 years later. My 401K holdings are worth about $60K, I think, invested extremely conservatively. I have had it in money market funds since right before the 2008/2009 crash, which I anticipated.  So the investment benefits at Apple served me extremely well. My stock appreciation paid for my car, and it will soon cover the down payment on a house. I was essentially able to \"\"retire\"\" to be a stay-at-home-mom when my son was born, thanks to the safety net I have from my Apple stock.  Regarding health benefits...  I think you meant to say copays, not deductibles. When I was there, there were no copays. I forgot what the deductibles were, but for most routine visits, you wouldn't need to pay out of pocket. Annual physicals are included in the health plan, up to $250. The health plan works with various local providers to ensure that the $250 allotment will cover all expenses needed for an annual physical. This physical is separate and in addition to a women's health annual exam (pap smear/pelvic exam/etc) that is also included without copay. I'm pretty sure annual mammograms are covered. All prenatal visits are covered with zero copay. All child well checks, including immunizations, covered with zero copay. Two dental checks a year. Dental Xrays at regular intervals included. Annual vision exams and, I think $300 annually towards glasses or contacts included, IIRC.   Time off was pretty standard and accrued by the hour worked, which was nice. There was no \"\"you have to be with the company for X length of time\"\" before time off benefits began to accrue, or before any benefits kicked in, for that matter. By about Year 5, I had easily racked up enough vacation days to take 3 weeks off at a time. The longer you have been with the company, the faster your time off accrues. And each summer they'd offer a cash-out program, where you could double up on time off, where if you took off a week, you could opt to deplete your accrued vacation time by two weeks and get double pay for it. A lot of people liked this option.  The points for absenteeism thing seemed a bit silly -- and seemed to only have been implemented in one store and then only for a brief time. From what I gathered in the article, it was an experiment that failed miserably.  The other corporation I have spent a significant amount of time working at is Whole Foods Market, in their corporate office. While both Apple and Whole Foods always are selected as two of the top companies to work for by Forbes in their annual report, as far as benefits went, Apple's were far superior in most aspects. With respect to company culture, I personally found Whole Foods to be better, but that was sort of a personal preference. Both were dream jobs, and I consider myself very fortunate to have had the opportunity to work for two outstanding companies that both treated me very well.  Oh- and incidentally, Ron Johnson, who was VP of Retail at Apple from the inception of the stores until like a year ago, now is CEO of JC Penny, and, I suspect, is fully behind JCP's ad campaigns which include images of families with same-sex parents. JCP has stepped deliberately and full-on into what is, unfortunately, still a controversial topic and has taken a firm stand in support of all types of loving families. I have to wonder if part of this might have been inspired by the fact that Apple's new CEO, Tim Cook, is gay. Ron Johnson would have worked closely alongside Cook during his tenure. I met Ron once and found him to be a great guy, and I worked with the Retail operations folks from the time the stores launched. They were a great team that worked hard and were very sincere and dedicated. You could see his leadership reflecting in each member of the team.\""}
{"_id": "224538", "title": "", "text": "Just wait. I tried putting something on live tv (over the air since I don\u2019t have cable) for my 4 year old  and she was so pissed at the commercials that were interrupting her show she made me turn it off - I hadn\u2019t realized it but up to this point she was only watching ad free shows on hulu and Netflix. An entire generation of kids is likely not being exposed to at least tv advertising like we did growing up."}
{"_id": "224542", "title": "", "text": "You could be in a bit of a bind.  I wouldn't push it any more until you read your loan papers very carefully. Going back to the lender for a refinance after you converted it to a rental (presumably without their knowledge) is risky.  I doubt they'd let you refinance anyway, as the house is underwater. If the loan is performing then I wouldn't think they'd look too hard for reasons to upset the flow of checks by calling the loan due, but if you brazenly advertise the change of property use to them they may reconsider. Read your loan papers carefully to see what they can do before you lean on them too much. As for managing the finances on that property, I'd build up a cushion to deal with the fact that your payment is going to shoot up considerably in year 8.  Also consider building up a side business to get another income stream going to compensate as well.  You have a little time before it shoots up."}
{"_id": "224575", "title": "", "text": "Good thing I'm not at Freddie anymore.  Not sure what I would have picked (They don't use quite the same analyst/VP/Director framework, VP there is like MD elsewhere).  Not sure what someone at the Fed or Treasury would put either, or the rating agencies, or Reuters or Bloomberg.  Before Freddie, I was working for a financial software provider.  Gonna be hard to be inclusive with that list.  And frankly, VP - IB doesn't even tell you much.  I'd much rather know what sector everyone worked."}
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{"_id": "224654", "title": "", "text": "Renting your property out at less than market rates is a form of charity. Your heart says that this is the right thing to do, your bank account says no. And so does your wife. This isn't a question for the Money stack exchange, I think ... But since you are asking here:"}
{"_id": "224665", "title": "", "text": "\"Can I deduct the money that I giving to my team mates from the taxes   that I pay? If yes, how should I record the transaction? Why? Why are you giving money to your team mates? That's the most important question, and any answer without taking this into account is not full. You would probably have to talk to a professional tax adviser (a CPA/EA licensed in your state) about the details, but in general - you cannot deduct money you give someone just because you feel like it. Moreover, it may be subject to an additional tax - the gift tax. PS: We don't have any partnership or something similar, it is just   each of us on his own. Assuming you want to give your team mates money because you developed the project together - then you do in fact have a partnership. In order to split the income properly, you should get a tax ID for the partnership, and issue a 1065 and K-1 for each team mate. In most states, you don't need to \"\"register\"\" a partnership with the state. Mere \"\"lets do things together\"\" creates a partnership. Otherwise, if they work for you (as opposed to with you in the case above), you can treat it as your own business income, and pay your team mates (who are now your contractors/employees) accordingly. Be careful here, because the difference between contractor and employee in tax law is significant, and you may end up being on the hook for a lot of things you're not aware of. Bottom line, in certain situation you cannot deduct, in others you can - you have to discuss it with a professional. Doing these things on your own without fully understanding what each term means - is dangerous, and IRS doesn't forgive for \"\"honest mistakes\"\".\""}
{"_id": "224667", "title": "", "text": "Sure; you can deposit cash. A few notes apply: Does the source of cash need to be declared ? If you deposit more than $10,000 in cash or other negotiable instruments, you'll be asked to complete a form called a Currency Transaction Report (here's the US Government's guidance for consumers about this form). There's some very important information in that guidance document about structuring, which is a fairly serious crime that you can commit if you break up your deposits to avoid reporting. Don't do this. The linked document gives examples. Also don't refuse to make your deposit and walk away when presented with a CTR form.  In addition, you are also required to report to Customs and Border Protection when you bring more than $10,000 in or out of the country. If you are caught not doing so, the money may be seized and you could be prosecuted criminally. Many countries have similar requirements, often with different dollar amounts, so it's important to make sure you comply with their laws as well. The information from this reporting goes to the government and is used to enforce finance and tax laws, but there's nothing wrong or illegal about depositing cash as long as you don't evade the reporting requirements. You will not need to declare precisely where the cash comes from, but they will want the information required on the forms.  Is it taxable ? Simply depositing cash into your bank account is not taxable. Receiving some forms of income, whether as cash or a bank deposit, is taxable. If you seem to have a large amount of unexplained cash income, it is possible an IRS audit will want an explanation from you as to where it comes from and why it isn't taxable.  In short, if the income was taxable, you should have paid taxes on it whether or not you deposit it in a bank account. What is the limit of the deposit ? There is no government limit. An individual bank may have their own limit and/or may charge a fee for larger deposits. You could always call the bank and ask."}
{"_id": "224668", "title": "", "text": "The fed currently has interests rates pegged at all time historic lows. Why is this? To generate inflation. Our economy is currently, and has been for almost ten years, dangerously close to a deflationary spiral. Paying out pension funds will likely generate some inflation, but that is good. Taking away people's pension funds is theft. They worked for years to earn those pensions. If inflation halves the value of the dollar, getting some money is still far better than none at all. What you are asking is basically a combination of murder and theft in order to prevent something that we are trying to achieve; reasonable inflation."}
{"_id": "224670", "title": "", "text": "I'm going to throw this in. You seem to want to graduate in 4 years but this would be a insane combo. CS/Math/Accounting/Finance quad major. Probably take 6 years but the first 2 and latter 2 overlap. You would have awesome skills and a good paying job for the rest of your life. I don't like really hard math or programming so I'm sticking with going for an Economics degree with minors in finance and history."}
{"_id": "224672", "title": "", "text": "\"For every buyer there is a seller. That rule refers to actual (historical) trades. It doesn't apply to \"\"wannabees.\"\" Suppose there are buyers for 2,000 shares and sellers for only 1,000 at a given price, P. Some of those buyers will raise their \"\"bid\"\" (the indication of the price they are willing to pay) above P so that the sellers of the 1000 shares will fill their orders first  (\"\"sold to the highest bidder\"\"). The ones that don't do this will (probably) not get their orders filled. Suppose there are more sellers than buyers. Then some sellers will lower their \"\"offer\"\" price to attract buyers (and some sellers probably won't). At a low enough price, there will likely be a \"\"match\"\" between the total number of shares on sale, and shares on purchase orders.\""}
{"_id": "224673", "title": "", "text": "There must be the companies tieup with the internet provider network like Airtel, docomo,idea etc.for which they charge it from the user of that particular social network and some percentage where distributed among them."}
{"_id": "224688", "title": "", "text": "Every month I will get a return in from my share of the profit which would be used for repayment of capital and interest in India. Not to sure what the business plan is. Please factor all the modalities, Exchange rate fluctuations, etc. My concern is regarding RBI rules and regulations, FEMA guidelines, and Income tax. Under the Liberalized Remittance Scheme; Funds can be transferred outside India. Any profit you make will be taxable in India. You will have to declare this pay tax in as per schedule."}
{"_id": "224689", "title": "", "text": "The issue yo have to consider is that under many state laws, you must give a merchant three opportunities to correct an issue before you can sue them, so check with your state before considering that option. Here's a link to the Federal Trade Commission's warranty information page, which may give you some ideas about what your options are. Keep in ind, if you let someone else work on the computer rather than the store you bought it from, you might give the guy a valid claim in court to throw out your lawsuit!  Many times, warranties will spell out the conditions under which repair work can or must be done, so make sure you follow every step to the letter in order to preserve your claim. I would strongly suggest that you start creating a paper trail for your claim.  Start by writing a very precise and detailed letter to the store owner, with copies of all relevant documents (your receipts, warranty papers, etc.) included.  Explain the entire history, including what steps you've taken to date to get him to honor the warranty.  Offer him the option to let you take the computer to another shop for repairs at his expense.  Then, send the letter by certified mail, return receipt requested, to the store owner so that he can't deny receiving your letter.  This is all in order to make the best case you can for your claim just in case you do have to sue him. Do not take the computer to anyone else until or unless he tells you in writing that he is willing to let you do that.  You don't want to risk him arguing that the other shop is responsible for the problems now. I hope this helps. Good luck!"}
{"_id": "224695", "title": "", "text": "\"Below is just a little information on this topic from my small unique book \"\"The small stock trader\"\":  The most significant non-company-specific factor affecting stock price is the market sentiment, while the most significant company-specific factor is the earning power of the company. Perhaps it would be safe to say that technical analysis is more related to psychology/emotions, while fundamental analysis is more related to reason \u2013 that is why it is said that fundamental analysis tells you what to trade and technical analysis tells you when to trade. Thus, many stock traders use technical analysis as a timing tool for their entry and exit points. Technical analysis is more suitable for short-term trading and works best with large caps, for stock prices of large caps are more correlated with the general market, while small caps are more affected by company-specific news and speculation\u2026: Perhaps small stock traders should not waste a lot of time on fundamental analysis; avoid overanalyzing the financial position, market position, and management of the focus companies. It is difficult to make wise trading decisions based only on fundamental analysis (company-specific news accounts for only about 25 percent of stock price fluctuations). There are only a few important figures and ratios to look at, such as: perhaps also: Furthermore, single ratios and figures do not tell much, so it is wise to use a few ratios and figures in combination. You should look at their trends and also compare them with the company\u2019s main competitors and the industry average. Preferably, you want to see trend improvements in these above-mentioned figures and ratios, or at least some stability when the times are tough. Despite all the exotic names found in technical analysis, simply put, it is the study of supply and demand for the stock, in order to predict and follow the trend. Many stock traders claim stock price just represents the current supply and demand for that stock and moves to the greater side of the forces of supply and demand.  If you focus on a few simple small caps, perhaps you should just use the basic principles of technical analysis, such as:  I have no doubt that there are different ways to make money in the stock market. Some may succeed purely on the basis of technical analysis, some purely due to fundamental analysis, and others from a combination of these two like most of the great stock traders have done (Jesse Livermore, Bernard Baruch, Gerald Loeb, Nicolas Darvas, William O\u2019Neil, and Steven Cohen). It is just a matter of finding out what best fits your personality.  I hope the above little information from my small unique book was a little helpful! Mika (author of \"\"The small stock trader\"\")\""}
{"_id": "224707", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.businessinsider.com/baby-boomers-caused-millennials-destructive-spending-habits-2017-6) reduced by 86%. (I'm a bot) ***** &gt; Millennials&amp;#039; financial decisions have been heavily covered by media organizations - something that has infuriated many of the generation, as news that &amp;quot;Millennials are killing&amp;quot; another industry has become a common headline.  &gt; While millennials&amp;#039; preferences have had a destructive impact on several companies and industries, they had no say in creating the environment that has restricted their income and shaped their financial perspective.  &gt; Reacting against boomers&amp;#039; financial decisions and spending habits is part of the puzzle in understanding why millennials are making choices that could kill companies that based their business on appealing to established trends.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fh72v/psychologically_scarred_millennials_are_killing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~137159 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Millennials**^#1 **generation**^#2 **spend**^#3 **debt**^#4 **financial**^#5\""}
{"_id": "224714", "title": "", "text": "http://www.marketwatch.com/optionscenter/calendar would note some options expiration this week that may be a clue as this would be the typical end of quarter stuff so I suspect it may happen each quarter. http://www.investopedia.com/terms/t/triplewitchinghour.asp would note in part: Triple witching occurs when the contracts for stock index futures,   stock index options and stock options expire on the same day. Triple   witching days happen four times a year on the third Friday of March,   June, September and December. Triple witching days, particularly the   final hour of trading preceding the closing bell, can result in   escalated trading activity and volatility as traders close, roll out   or offset their expiring positions. June 17 would be the 3rd Friday as the 3rd and 10th were the previous two in the month."}
{"_id": "224725", "title": "", "text": "\"At least for liquid markets, the downside of being a market maker is what we call \"\"negative selection\"\". Specifically, if you're both bid and offered in a market, trying to collect your spread, then as the market goes up, you'll tend to sell the whole way up, and vice versa. So if you're not smart about it, you can end up losing a lot of money.   Being a good market maker, then, involves either being able to smarter about when to be aggressively bid and offered and when to pull back, or being able to hedge them quickly before they really hurt you. The first probably would require more sophisticated algorithms, while the second requires good speed and execution strategies.\""}
{"_id": "224746", "title": "", "text": "&gt;when by definition, you are being paid less than your labour  If that were true then why wouldnt the worker just work for themselves? They would make more or at least the same amount and not have to deal with their bosses bossing them around. The fact is that the worker is made more productive through the use of the entrpeneur's resources and business model structure. If there were no extra benefit to the worker in taking the job then they wouldnt take it, just like if the employer did not recieve an added benefit above and beyond what they were paying the worker, they wouldnt hire them. Extra value is created in the two voluntarily working together. No one is being generous or agreeing to the arrangement out of the goodness of their heart. They are both acting in their self interest and they are both benefitting."}
{"_id": "224765", "title": "", "text": "\"An ETF does not track any one individual stock. It \"\"is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.\"\" Check out this link to learn more about ETFs. The easiest way see what ETF tracks a stock is to determine what sector and industry that company is in and find some ETF that trade it. The ETF will likely trade that stock, assuming that its market cap and exchange it trades on fits within the parameters of the ETF.\""}
{"_id": "224766", "title": "", "text": "2006 santa fe, 2015 sonata, 2013 santa fe, 2017 santa fe.  Not one mechanical problem along the way.  JD Powers reliability study has Toyota at 1, chevy malibu at 2, sonata at 3 and honda at 7.  Again, my assertion is that Toyota isn't worth the premium cost when compared to other cars."}
{"_id": "224767", "title": "", "text": "Tesla, along with Musk's other ventures, is still in the mass investment phase. He, like companies such as Amazon, is aiming for huge market caps in diverse investments before he aims on net profitability. It's risky for him and for those giving him extra money, but there's that huge long term payout from market dominance being focused on."}
{"_id": "224782", "title": "", "text": "The optimal time period is unambiguously zero seconds.  Put it all in immediately.  Dollar cost averaging reduces the risk that you will be buying at a bad time (no one knows whether now is a bad or great time), but brings with it reduction in expected return because you will be keeping a lot of money in cash for a long time.  You are reducing your risk and your expected return by dollar cost averaging. It's not crazy to trade expected returns for lower risk.  People do it all the time.  However, if you have a pot of money you intend to invest and you do so over a period of time, then you are changing your risk profile over time in a way that doesn't correspond to changes in your risk preferences.  This is contrary to finance theory and is not optimal.  The optimal percentage of your wealth invested in risky assets is proportional to your tolerance for risk and should not change over time unless that tolerance changes. Dollar cost averaging makes sense if you are setting aside some of your income each month to invest.  In that case it is simply a way of being invested for as long as possible.  Having a pile of money sitting around while you invest it little by little over time is a misuse of dollar-cost averaging. Bottom line: forcing dollar cost averaging on a pile of money you intend to invest is not based in sound finance theory.  If you want to invest all that money, do so now.  If you are too risk averse to put it all in, then decide how much you will invest, invest that much now, and keep the rest in a savings account indefinitely.  Don't change your investment allocation proportion unless your risk aversion changes. There are many people on the internet and elsewhere who preach the gospel of dollar cost averaging, but their belief in it is not based on sound principles.  It's just a dogma. The language of your question implies that you may be interested in sound principles, so I have given you the real answer."}
{"_id": "224790", "title": "", "text": "\"Would still be affected by energy prices, labor, weather, and any other input they don't have full control over. Labor and weather can never be controlled.  Other users of beef may have a derivative hedge. A derivative hedge would likely provide more direct (maybe short term) protection than a vertical integration hedge.  With a financial hedge all of the secondary risk factors are \"\"incorporated\"\" while with vertical integration you are still left with the risk of each and every input to the final product that you do not control.  Vertical integration is done for a lot of reasons and it doesn't always result in lower than market costs, especially over any given period.\""}
{"_id": "224794", "title": "", "text": "Cool. In that case, shooting for the publication on the thesis might not be the best thing to focus on due to the timing etc. If you do shoot for a publication with it, you might want to try for the ABS 3 range or higher. Either way, you'll still want to do really well on the thesis so your advisor can write a good letter and speak to your research capabilities. That's great to mention it as part of your research interest and background as well.   The top comment on here is really spot-on. It's not too early to start to dive into some of the finance research (ABS 4* journals and then the journals cited in these journals would be good to start) to be able to identify/discuss your potential research agenda when you apply, and to also hit the ground running with your research. A top pub in doc school and ongoing pipeline would basically be a requirement to land at one of those schools fresh out of your program. It's good to keep in mind that you can move up after your initial placement, but it is difficult. Ideally you'll want to place at the flagship level initially after your program."}
{"_id": "224800", "title": "", "text": "\"&gt; Without welfare to keep it alive Tesla would've gone under, they had a few near death experiences.  The near death experience was saved by Mercedes, not the government.  Any other prior near death experiences were saved by private financing rounds from various VC firms and Musk himself.  The government loan accelerated release and production ramp of the Model S, it did not save the company.  By the way, Nissan took a loan almost 10x the size of Tesla's, I believe Ford took almost as much as well.  I do not blame either, nor do I blame the government, because the point of these loans is to improve advanced powertrains to get us off of gasoline, which is a plague on the world, and thus these were a fantastic way to spend a small amount of our resources to make a big result - and produce a profit for the country at the same time.  &gt;On top of that, if you're wealthy enough to buy a model S in California, you qualify for nearly $10,000 in state and federal subsidies. The government is all up in there making it happen.  The Model S has routinely destroyed every competitor in just about every way, has won top marks in nearly every review and just about every award it's eligible for, has received the best customer satisfaction numbers recorded, and has outsold the competition despite being new and constrained in many ways and even blocked from selling in multiple states.  And is selling at a price point where $10,000 is nice, but hardly breaks the bank, especially considering the amount of people who buy the upgraded battery pack, which costs them $10,000, even though they don't need it.  So you really think a car which is so much better than anything else anywhere near its price point is going to sell solely because of the tax credit?  If so, I suspect you haven't driven one, because if you had, you would know that it sells because of the driving experience, not the tax credit.  Rich people aren't sitting down with their friends' accountants to tell them to buy one, they're giving their friends test drives and blowing their freaking minds.  Further, the oil industry has accepted subsidies for over 100 years, as have many other automakers, and as referenced before there are some states where the government blocks Tesla from selling cars.  So I suppose \"\"the gubmint is all up in there making it happen\"\" for everyone else as well, aren't they?\""}
{"_id": "224801", "title": "", "text": "They hold most of time rental value for example if you rent car for 5 days and decline insurance offered at counter - they will ideally hold  5days x rental value per day + insurance x 5 days  most of them round of this figure. if the card is issued from overseas like asia they hold extra $ 500 for collection issues.  hope this helps you to plan - this is general thumb rule."}
{"_id": "224808", "title": "", "text": "Which in the spirit of the conversation, is pretty much true. You can argue with someone else about whether a well built tiny HDD media player, or a touch screen phone that is operated with just a finger is an 'invention'. Either way it is pointless in a conversation about whether Apple is just marketing."}
{"_id": "224811", "title": "", "text": "When a stock price rises, the company's assets are worth more. This doesn't mean it gets more cash directly, but it can liquidate (= sell) some of its stocks for a higher return than before."}
{"_id": "224812", "title": "", "text": "I'm struggling to see the business connection here, unless this is now the sub for business on the hill.  This seems better suited for /r/politics. I try and stay out of the trump banter subs for a reason, why does it always have to leak out at every possible chance?"}
{"_id": "224816", "title": "", "text": "Littleadv has given you excellent general advice, but to my mind, the most important part of it all and the path which I will strongly recommend you follow, is the suggestion to look into a mutual fund. I would add even more strongly,  go to a mutual fund company directly    and make an investment with them directly instead of making the    investment through a brokerage account.  Pick an index fund with low expenses, e.g. there are S&P 500 index funds available with  expenses that are a fraction of 1%. (However, many also require minimum investments on the order of $2500 or $3000 except for IRA accounts).  At this time, your goal should be to reduce expenses as much as possible because expenses, whether they be in brokerage fees which may be directly visible to you or mutual fund expenses which are invisible to you, are what will eat away at your return far more than the difference between the returns of various investments."}
{"_id": "224835", "title": "", "text": "Get someone in your family to pay for it. If that's not an option, you have no choice but to make do with what you can do, and either get a job or a loan. I'd advise a job unless you're studying something with a really strong possibility of getting you a high paid job."}
{"_id": "224863", "title": "", "text": "There are some great tips and advice in here.   Here's something you may not have considered. The capacity for income is limited by your time and the tuk-tuk rates.  For example, if you become the best and most well-known tuk-tuk driver in Siam Reap and all the tourist want to use your service, the most business you can do is 1 customer per day.   However, if you were to make Trusty Tuk Tuks a booking service you could make a margin from multiple drivers.  Heres how it works:  You find 10 drivers who all agree to do the same features - Cold drinks and snacks, curtains, help tourists with tickets, trusty tuk-tuk business cards. Paint or decorate the tuk-tuks so they all look the same. All drivers agree that for every booking you bring them, they will offer the same service and pay you 10%.   Set up a stand at the market with someone that speaks English and take bookings. Tell your potential customers about the price, the tuk tuks, the cold drinks, the ticketing help, and what temples they can visit.  Soon Trusty Tuk Tuks becomes a brand. This way you are not limited to 1 tuk tuk and 1 customer a day.  The key here is that all drivers must agree to the same price and the same service. Its the consistency that makes a brand."}
{"_id": "224869", "title": "", "text": "I have not come across any studies that address this specifically. Personally, I would want 5 years of stability to compare to an equal period prior to 2008 and I am not convinced that we have that. I would envision such an outcome however, as a result of belt-tightening in light of the recession carrying over as business-as-usual afterwards. The pace of progress makes it difficult to make one to one comparisons but were I to draft a question for consideration it would probably be: Does salary of job description X (e.g. software engineer) earn an amount equal to the same position during 2002-2007 in adjusted dollars? Some controls would most likely be necessary."}
{"_id": "224918", "title": "", "text": "TL/DR  Yes, The David popularized the Debt Snowball. The method of paying low balance first.  It's purely psychological. The reward or sense of accomplishment is a motivator to keep pushing to the next card.  There's also the good feeling of following one you believe to be wise. The David is very charismatic, and speaks in a no-nonsense my way or the highway voice. History is riddled with religious leaders who offer advice which is followed without question.  The good feeling, in theory, leads to a greater success rate. And really, it's easier to follow a plan that comes at a cost than to follow one that your guru takes issue with.  In the end, when I produce a spreadsheet showing the cost difference, say $1000 over a 3 year period, the response is that it's worth the $1000 to actually succeed. My sole purpose is to simply point out the cost difference between the two methods. $100? Go with the one that makes you feel good. $2000? Just think about it first.  If it's not clear, my issue is less with the fact that the low balance method is inferior and more with its proponents wishing to obfuscate the fact that the high interest method is not only valid but has some savings built in. When a woman called into The David's radio show and said her friend recommended the high rate first method, he dismissed it, and told her that low balance was the only way to go.  The rest of this answer is tangent to the real issue, answered above.  The battle reminds me of how people brag about getting a tax refund. With all due respect to the Tax Software people, the goal should be minimizing one's tax bill. Getting a high refund means you misplanned all year, and lent Uncle Sam money at zero interest(1). And yet you feel good about getting $3000 back in April. (Disclosure - when my father in law passed away, I took over my mother in law's finances. Her IRA RMD, and taxes. First year, I converted some money to Roth, and we had a $100 tax bill. Frowny face on mom. Since then, I have Schwab hold too much federal tax, and we always get about $100 back. This makes her happy, and I'll ignore the 27 cents lost interest.)  (1) - I need to acknowledge that there are cases where the taxpayer has had zero dollars withheld, yet receives a 'tax refund.' The earned income tax credit (EITC) produces a refundable benefit, i.e. a payment that's not conditional on tax due. Obviously, those who benefit from this are not whom I am talking about.  Also, in response to a comment below, the opportunity cost is not the sub-1% rate the bank would have paid you on the money had you held on to it. It's the 18% card you should be paying off. That $3000 refund likely cost over $400 in the interest paid over the prior year."}
{"_id": "224939", "title": "", "text": "Math undergrad here and I agree with others who suggest it is a good path for any quantitative business or data analysis field. I eventually went back for an MBA focused in finance and now work as a financial analyst. In addition to some of the mathematical advantages others are listing here another one I found is being able to teach myself how to code macros in Excel. I would  encourage anyone with an interest in math who enjoys quantitative problem solving to pursue math degrees."}
{"_id": "224972", "title": "", "text": "Choosing an activity class for your child is easy now, as today there is lot of focus and importance given to Pre-School and Activity Centre, these Pre-School and Activity Centre are now in huge demand, these school and centres are now properly looked as profession with more and more people getting into it and putting up a proper management and SOP\u2019s to run the schools and centre, there are few companies backed by corporates and run through proper management.  Parents are constantly looking at more than one way to enroll their kids in some activity class, so as to engage them into activities that can help them become better, healthier and active individuals. As parents now, not only wants the child to be properly educated, they also want the child to be developed with the best extracurricular activities. Activity Centres in Chembur play an important role in the development of the skills of the child, they help the child to horn their skills and showcase their talent."}
{"_id": "224983", "title": "", "text": "I agree with you that smartphone deposits make you more vulnerable to a variety of issues. Checks are completely insecure, since anyone with your routing/account number can create a check, and individuals are less likely to shred or otherwise secure the check properly. Ways to control this risk are:"}
{"_id": "224999", "title": "", "text": "\"You're missing the point. A \"\"skilled\"\" adult (however you want to define that) shouldn't have to compete with a teeneger. But I get it. Econ 101 supply and demand. The problem is \"\"economists\"\" are now saying that the supply side is the only one that maters and that if you just pump up supply demand will follow and thus we now have flippant idoitic policy! Resolve THAT. Please.\""}
{"_id": "225009", "title": "", "text": "\"&gt; Don't forget: Praise in public, criticize in private.  I would also add to reinforce your praise in private as well, but not when you're about to criticize. During a one-on-one (which OP should hold monthly with each employee), remind them of the awesome thing(s) you remember them doing since the last meeting (but don't make something up or make something small seem big). It shows that you care enough to remember, even when others have \"\"left the room\"\".\""}
{"_id": "225026", "title": "", "text": "The analysis is also flawed.  Recent downturns in mining stocks are highlighted, but these stocks have been growing strongly for a long time now.  Being spooked by a sudden downturn during a long upward swing is not a good investing strategy, but typical of the kind of idea that apparently makes for good news copy."}
{"_id": "225030", "title": "", "text": "\"It's a scam. The cashier's check will be forged. Craigslist has a warning about it here (item #3). What kind of payment do you think is not fakable? Or at least not   likely to be used in scams? When on craigslist - deal only locally and in person. You can ask to see the person's ID if you're being paid by check When being paid by check, how can seeing his/her ID help? In case the   check isn't cashable, I can find that person by keeping record of   his/her ID?  If you're paid by check, the payers details should be printed on the check. By checking the ID you can verify that the details match (name/address), so you can find the payer later. Of course the ID can be faked too, but there's so much you can do to protect yourself. You'll get better protection (including verified escrow service) by selling on eBay. Is being paid by cash the safest way currently,   although cash can be faked too, but it is the least common thing that   is faked currently? Do you recommend to first deposit the cash into a   bank (so that let the bank verify if the cash is faked), before   delivering the good?  For Craigslist, use cash and meet locally. That rules out most scams as a seller. What payment methods do you think are relatively safe currently?   Then getting checks must be the least favorite way of being paid. Do   you think cash is better than money order or cashier order?  You should only accept cash. If it is a large transaction, you can meet them at your bank, have them get cash, and you receive the cash from the bank. Back to the quoted scam, how will they later manipulate me? Are they interested in   my stuffs on moving sale, or in my money? They will probably \"\"accidentally\"\" overpay you and ask for a refund of some portion of the overpayment. In that case you will be out the entire amount that you send back to them and possibly some fees from your bank for cashing a bad check.\""}
{"_id": "225039", "title": "", "text": "\"SECTION | CONTENT :--|:-- Title | CNN treats politics like sports \u2014 and it\u2019s making us all dumber Description | When you treat politics like a game, you\u2019re going to end up with news coverage that cares more about drama than it does about the truth.  Follow Strikethrough on Facebook! https://www.facebook.com/CarlosMazaVox/  CNN has modeled it's political coverage after shows like ESPN's \"\"First Take,\"\" pitting commentators against each other to argue about the day's news stories. That makes for cheap and entertaining television, but in the Trump era, it's turned CNN into a circus of bullshit and misinformati... Length | 0:06:03    SECTION | CONTENT :--|:-- Title | What happens when you treat health care like a soap opera Description | Cable news treated a major health care vote like an episode of House of Cards. That kind of coverage might make for entertaining television, but it badly warps the way viewers at home understand what's at stake in the fight over health care.  Follow Strikethrough on Facebook! https://www.facebook.com/CarlosMazaVox/  In the coverage of the Republican effort to repeal and replace Obamacare, cable news networks have largely fixated on the drama of trying to get the Republican\u2019s bill through Congres... Length | 0:06:17           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)\""}
{"_id": "225086", "title": "", "text": "Hate to link this trolls article, but seriously. I own that real estate, pay me not to recline. First off, that is what is wrong with people, when selfishness over a few inches trumps common courtesy. How about, I can see you're tall and are being cramped into a small space, I'm not going to be an asshole and crunch my seat on top of your knees. No, it's I paid for this seat and I will take every inch possible, regardless how many people it inconveniences, and if you have a problem why not pay me. Hell, do you fight with the person next to you over the armrest as well?"}
{"_id": "225089", "title": "", "text": "\"No it's more like:  \"\"Hey guys, you're just delaying the inevitable.\"\"  \"\"Other than mere speculation and nice sounding anecdotes, what empirical/scientific evidence do you have of this?\"\"  \"\"Oh... you just wait and see, it's gonna happen.  It might take another 50 years but it will happen.  I know this because the market is like getting drunk...\"\"  \"\"Ummm... ok?\"\"\""}
{"_id": "225091", "title": "", "text": "Go through some top reasons behind using epoxy floors for your hangars. You'll be surprised to read the benefits that you can avail by getting this flooring done at your hangar. The installation services are very affordable indeed."}
{"_id": "225106", "title": "", "text": "\"NORMALLY, you don't want to buy in a bad neighborhood. The one exception is \"\"gentrification,\"\" that is middle class people are moving in because of a good location (which you seem to have). The other important thing to do is to cover your mortgage. Four \"\"guys\"\" at $500 a month will do for an $1800 mortgage. The nice thing is that you are your own tenant for two years and can watch the place. The downside of the neighborhood may be that you can't rent the place to four \"\"girls\"\" or two girls and two guys even after you leave; it will always have to be \"\"guys.\"\"  I'd advise most people to pass. With your financial standing and entrepreneurial background, you might just be able to take this risk, and learn from it for your future dealings if it doesn't pan out. (Donald Trump \"\"cut his teeth\"\" on a slum complex in Cincinnati.) Hear what I (and others) have to say, then do what \"\"feels right,\"\" based on your best judgment, of which you probably have plenty.\""}
{"_id": "225110", "title": "", "text": "\"I would get a new outside unbiased accountant who WILL show you the books. I might consider heavily hiring a new manager who is willing to work with you.   Perhaps an audit might be in order?   Regardless, if this manager continues to \"\"talk down\"\" to you, this is when you tell him he needs to be prepared to work with you or work something out.  In the meantime, I might consider looking into interviewing my own candidates for the job.  Where there is smoke...there is fire.  You want to have candidates ready for if they bolt when you have the \"\"talk.\"\"\""}
{"_id": "225120", "title": "", "text": "She filed for 0 withholdings in her W4, so my (unprofessional) guess   was that she'd be owed money, and therefore the IRS wouldn't care much   if she didn't file her taxes.\u2020 Maybe, but doesn't she want that money back? Is she at as much risk as any other individual of being audited and   penalized to the same degree if she skips filing her taxes? Audited and penalized are not the same. She's at the same risk of being audited, and even slightly higher since the IRS got reports of her wages, but didn't get the matching report from her. They may want to ask why. But it doesn't mean she's going to be penalized for anything. Being audited doesn't mean you did something wrong. Or does the IRS tend to overlook such individuals. The IRS might want to overlook because they're the ones owning money. She cannot get a refund without filing a tax return. She'd file her taxes today if she could, but the worry is that time's   running out Filing an extension is free and it postpones the deadline to file till OCTOBER!"}
{"_id": "225162", "title": "", "text": "Assuming a USA taxable account: Withdrawing funds from a brokerage account has nothing to do with taxes. Taxes are owed on the profit when you sell a stock, no matter what you do with the funds. Taxes are owed on any dividends the stock produces, no matter what you do with the dividend. The brokerage sends you a form 1099 each year that shows the amounts of dividends and profits. You have to figure out the taxes from that."}
{"_id": "225188", "title": "", "text": "You can read [the government report](http://files.consumerfinance.gov/f/documents/201709_cfpb_financial-well-being-in-America.pdf) yourself to verify it.   I can tell you that a lot of extreme poverty gets completely papered over in popular culture. It's never touched on in popular fiction or mainstream news. Back in college, I would volunteer as a youth mentor and teacher's assistant in our small city. The city was at one time an important rail hub with an impressive steel mill. The mill had been abandoned for decades. The old part of the city had all sorts of decaying but nice antebellum homes. The rest of the city was newer, but nonetheless the decay was everywhere. Broken windows in every corner, and abandoned buildings galore. More than *70%* of the kids in the district couldn't even normally afford school lunches, so they qualified for free meals for it. It's really heart breaking. Under the nose of the people in the center of society, vast swaths of America have become nearly third world, [and it happened quite quickly in many regions.](https://i.imgur.com/orRkVOf.gif)"}
{"_id": "225207", "title": "", "text": "The research was comparing grocery chains in Manhattan, who all would have similar costs, and WF was the second cheapest.  It's not apples to apples if you're comparing prices at stores in locations that would have different costs of doing business. Of course things will be cheaper way out in the Bronx than in midtown Manhattan."}
{"_id": "225210", "title": "", "text": "\"I really think the switch to \"\"digital\"\" was a big contributor (not that it wasn't trending that way already anyway, but the switchover certainly didn't get MORE people to watch).    I know in my location (rural, about equidistant between three major cities/TV markets) the reception sincerely sucks.    One result was that I went from watching minimal TV to basically watching none at all.  Plus I think the economy has forced a lot of people to rethink things like Cable TV and/or Dish services and the like -- and many more people are deciding that it just isn't worth the cost.\""}
{"_id": "225230", "title": "", "text": "Everyone has to be honest as hell. I worked next to an office for a group called Universal Life Church in the 1980s. They set up a deal where anyone could be a pastor, and this guy in the ofice would send out checks in the name of a church with a few tandy computers and a program he wrote. Checks for house payments, utilities etc. He called himself a Bishop. Then one weekend someone took the money and he had to skip town."}
{"_id": "225235", "title": "", "text": "If you place your emergency fund in your TFSA, you can withdraw it at any time (e.g. in an emergency), and then replace the withdrawn money in the next calendar year. Be careful there; you pay a hefty fine if you replace it in the current calendar year if this leads to an overcontribution. It's not an either-or thing, though. You could invest the money in a mutual fund inside your TFSA. I strongly recommend against this for your emergency fund, however. The whole point of an emergency fund is that you may need it immediately. So, keep it in an investment that you can liquidate quickly. Cash or very-near cash. While I obviously don't know your specific situation, I needed $10,000 within 24 hours and another $10,000 within two weeks during an emergency. In a world where you have large sums of money, you'd max out your RRSP and TFSA with investments and keep your emergency fund outside of both. But most of us aren't in that situation. In that case, it makes sense to use your TFSA for your emergency fund. I use some of my TFSA space for my emergency fund (savings account paying low interest, though people often like GICs) and some for investment (passive indexed stocks and bonds). Note that you need to pay taxes on your savings account interest, too, if held outside your TFSA and RRSP accounts."}
{"_id": "225238", "title": "", "text": "I'm not sure if English is your first language or not, but I can't even understand what the hell you are trying to say. If it's not, I'm not trying to be an ass, but can you try to rephrase your point? If it is, Jesus Christ learn some grammar. It doesn't have to be perfect but at least make your point clear."}
{"_id": "225239", "title": "", "text": "Most investors should not be in individual stocks. The market, however you measure it, can rise, yet some stocks will fall for whatever reason. The diversification needed is to have a number of shares of different stocks, and that a bit higher than most investors are able to invest and certainly not one starting out. I suggest you look at either mutual funds or ETFs, and keep studying. (I'm told I should have offered the UK equivalent Investment Trusts , OEIC, or Unit Trusts)"}
{"_id": "225243", "title": "", "text": "&gt; What is your background? Whats your job? College? That sort of thing... So I know who I am talking to.  Really? It wouldn't be so you can make ad hominem attacks would it? anyway, if you can't argue on the internet, give up."}
{"_id": "225245", "title": "", "text": "Don't fuss about your credit score when you're paying 9%. Get rid of the loan as fast as you can. Period."}
{"_id": "225282", "title": "", "text": "\"If you have already maxed your TSP contributions, the \"\"401k\"\" for military folks, you could consider a Traditional IRA contribution. They are tax-deductible, based on some limits, so it may reduce your tax liability. Many online services (Vanguard, Fidelity, etc.) offer quick and free setup of Traditional IRA accounts. If you have already maxed the Traditional IRA as well, you could look at making taxable investments through an online service. Like homer150mw, I would recommend low-cost funds. For reasons why, see this article by John Bogle.\""}
{"_id": "225292", "title": "", "text": "Lobby lobby lobby, Don't invest in renewable the returns are god awful.   Renewable's are so rational and logical as a future energy source that I can't see it being any other way. Producing energy that replenishes over time seems like a no brainer"}
{"_id": "225318", "title": "", "text": "Are you looking for a production house that is capable of creating unique and high quality audio visual content? If your answer is yes, then One Shot Films is the one stop solution for all your needs. This company has a team of well-trained professionals who put their all in any project they get."}
{"_id": "225321", "title": "", "text": "\"Loved this...  &gt;A Philadelphia-area human-resources executive told Mr. Cappelli that he applied anonymously for a job in his own company as an experiment. He didn't make it through the screening process.  ---  And crap like THIS...  &gt;Neal Grunstra, president of Mindbank Consulting Group, a temporary-staffing company, calls this \"\"looking for a unicorn.\"\" Mr. Cappelli's favorite email came from a company that drew 25,000 applicants for a standard engineering position only to have the HR department say not one was qualified. One job seeker said \"\"he had been told he was perfect for a given position\u2014except for the fact that his previous job title didn't match that of the vacancy,\"\" a title unique to the prospective employer.  Is the reason why -- even 2 decades ago -- I refused to let \"\"HR\"\" do any filtering or \"\"pre-qualifying\"\" of resumes for me when I hired. (Because they have no idea of the *degree* of importance attached to any specific hiring \"\"requirement\"\"; and that many of said requirements are not requirements at all, but rather \"\"it would be great if the candidate had XXX, but YYY will do just as well, depending...\"\")  Also, this is why the BEST way to get hired (or to hire) is to do an \"\"end run around\"\" the HR department and get resumes into the hands of the hiring manager via networking -- preferably avoiding HR and the whole \"\"classified/listed job\"\" altogether -- HR can handle the paperwork around hiring AFTER qualified candidates have been interviewed.\""}
{"_id": "225336", "title": "", "text": "That makes no sense. Such a person would realistically only need catastrophic health insurance, which one could buy in the 70's for about the cost daily of a pack of cigarettes. Today that'd be about maybe what, $120/month? That sounds about right for the risk involved. Something doesn't add up here then, why can't insurance companies offer such a plan anymore?   *Not sure why I'm being down voted? I even provided a link below? Did I offend someone's sensibilities?"}
{"_id": "225380", "title": "", "text": "\"&gt; Taxing wealth is an easy idea, but I don't think it can ever work. Wealth is too easily hidden, transformed, or revalued.  You should Google the effective corporate tax rates. It's much much easier to hide corporate profits or find loopholes than to tax individual income.  Also, your allegory about Kleenex makes zero sense whatsoever. These aren't things the \"\"owners\"\" would normally consume, of course not. However, that's a super weird way to define a business. I trust a sole proprietor that stocks vending machines wouldn't \"\"consume\"\" all these beverage products on their own, but a business works that way.  A corporation isn't its own entity, it is actively managed by people hired by the shareholders. It doesn't make its own decisions, it isn't a self-perpetuating machine. Why do we tax it as if it does? Tax income for people. Making the argument people will find loopholes is just as ludicrous. Corporations find tax loopholes anyway, but I find it pretty ridiculous to think \"\"we can't make that a law because people will break it\"\". Then make it so people can't break it.  As it stands, it's easier to find loopholes and write-offs as a corporation than an individual anyway, and the consequences as a corporation are insignificant to shareholders if they do get caught  Taxing individual wealth isn't the easy idea. Double-taxing an arbitrary intermediary is.\""}
{"_id": "225389", "title": "", "text": "Hello LY! I lived in Phnom Penh for a couple years. Loved Siem Reap and Angkor Wat. I tell you what, any time I needed to catch a moto or tuk tuk, we would always pick the one who wasn't shouting over every one to get us to ride. Just be cool and be yourself. Be active on social media. Take Instagram photos with clients you think are super nice. Tag them in your photos. Ask them to rate you on trip advisor. Post on twitter letting people know when you are available for rides.  I hope I am helpful! Good luck my man."}
{"_id": "225395", "title": "", "text": "\"Yep, most 401k options suck. You'll have access to a couple dozen funds that have been blessed by the organization that manages your account. I recently rolled my 401k over into a self-directed IRA at Fidelity, and I have access to the entire mutual fund market, and can trade stocks/bonds if I wish.  As for a practical solution for your situation: the options you've given us are worryingly vague -- hopefully you're able to do research on what positions these funds hold and make your own determination. Quick overview: Energy / Utilities: Doing good right now because they are low-risk, generally high dividends. These will underperform in the short-term as the market recovers. Health Care: riskier, and many firms are facing a sizable patent cliff. I am avoiding this sector. Emerging Markets: I'm also avoiding this due to the volatility and accounting issues, but it's up to you. Most large US companies have \"\"emerging markets\"\" exposure, so not necessary for to invest in a dedicated fund in my unprofessional opinion. Bonds: Avoid. Bonds are at their highest levels in decades. Short-term they might be ok; but medium-term, the only place to go is down. All of this depends on your age, and your own particular investment objectives. Don't listen to me or anyone else without doing your own research.\""}
{"_id": "225400", "title": "", "text": "specifically for YouTube, children have become one of the most lucrative niches to be in. Ad revenue for child marketed videos are huge because they know lots of kids tune in and they know children have great conversion rates.   Especially in tandem with tech like Amazon, a child sees some amazing product and nags their parents to get it, but instead of having to drive to the store, they log onto Amazon and 1 click order it.   Lots of tech evolving but the idea is as simple as it was with the advent of TV. Kids like things, parents spoil their kids, toys are bought with huge mark up, money is made.   Adults are hard to market to because they are educated and have self control. Kids see a flashy new toy and that's all they talk about for the next two weeks...until they see the next flashy toy."}
{"_id": "225420", "title": "", "text": "I agree, Malcolm has good points and interesting theories, but flawed to certain extents, but he does make disclaimers. For instance he said in an AMA that the 10,000 hour rule doesn't always apply, and thought he made it clear when he wrote it in his book."}
{"_id": "225452", "title": "", "text": "A counterpoint to that is that a money / finance system depends on a significant degree of trust that this paper is worth something, that banks will return your deposits when you collect them etc. This is an area where developed countries have an advantage over 3rd world countries - it is hard to start a business when you are scared that the local police chief will just come a long and steal your assets."}
{"_id": "225459", "title": "", "text": "The net worth is based on an estimate of how much he would get if he relinquished his stake.  The total funding is based on how much he has relinquished thus far. Suppose I have a candy jar with 100 candies.  I'm not sure how much these candies are worth, so I start off by selling 10% of the jar for $10.  Now I have 90 candies and $10, a total value of $100.  Then someone comes along offering $100 for another 10% (of the original jar, or 10 candies), which I accept.  Now I have 80 candies and $110.  Since I value each candy at $10 now, I calculate my worth as $910.  Then I do another deal selling 10% for $1000.  Now I have $1110 in cash and 70 candies valued at $100 each.  My total worth is now $8110 (cash + remaining candies), while the candy jar has only received $1110 in funding. Replace candies with equity in The Facebook, Inc. and you get the idea."}
{"_id": "225466", "title": "", "text": "Good question. Your assumptions are a bit off-track though. I am sure you would agree that automation will occur gradually allowing a new workforce that is equiped with relevant skills to support automation tech and operations to bubble up. This workforce will drive up consumer spending offsetting your assumption of diminishing consumer spending.   The extent to which this new workforce will offset diminishing consumer spending of the workfoce being laid off is a matter of debate but one thing is certain consumer spending albeit relatively weaker or stronger will exist and businesses will continue to thrive. Another possibility is that the workforce getting laid off might be reabsorbed in other sectors of the economy or better yet some companies might re-train some of it.   The assumption that _most of the jobs will be automated_ doesn't necessarily imply that automation leads to job loss. Some automation will actually drive up productivity which will increase the margin of companies. In light of this logic we can assume that employees will be paid more increasing their disposable income.    The bottom line is that consumer spending is unlikely to bottom out. It might weaken or strengthen for one or two reasons but people will continue consuming and businesses will thrive."}
{"_id": "225468", "title": "", "text": "Not necessarily, I doubt that will happen, most franchises are worth $250k - $1m, so as long as their liability doesn't exceed that McDs can just revoke franchise licenses and resell them in the event of a substantial labor dispute.   Further, I suspect they would pickup an insurance policy to cover anything above that."}
{"_id": "225477", "title": "", "text": "Serve clean cold bottled water, maybe have a cooler.  Decorate your Tuk Tuk with eye-catching colors or designs.   Have maps of popular places to go in Angkor Wat.  Make sure people know how to find you \u2014 think about getting a facebook page, or use SEO to get high rankings when people search for \u201cbest tuk tuk angkor wat\u201d  Give your customers business cards with your name, email address and a few benefits of your tuk tuk. If you speak good English, make sure the card says that. If you are always on time, say that. Etc.   Make your prices clear and fair.  Be positive and helpful with all of your customers.   Build great itineraries with a lot of interesting things and variety."}
{"_id": "225481", "title": "", "text": "Not to be flippant, but I hope you're asking for llfinance to cover stochastic calculus on his blog, and not for someone here to give you a primer on it.  If you like, I can give you an explanation for why stochastic calculus has to be different from regular calculus."}
{"_id": "225492", "title": "", "text": "I've had Prime for about ten years now and honestly the free shipping component isn't what is keeping me. When I buy things on Amazon I do often click the option to only see prime options, but Prime Video is where I see most of the value. The video service is great and the original programs are pretty good. Not quite Netflix quality or quantity yet. For kids it's great to be able to download videos that are free with prime to watch offline on a plane or in the car.  They keep adding more and more prime benefit so I haven't even considered not renewing in several years"}
{"_id": "225493", "title": "", "text": "Yes, I grew up about 20 minutes away and visit often - I know.  Bankrupt casinos are a pretty normal thing for AC.  This isn't 1980, when AC was one of VERY few gambling options east of Vegas.  Now they have New Yorkers going to Connecticut for Mohegan or Foxwood, Sugarhouse or Delaware Park for people in Philly... and flights to Vegas are faster, easier and cheaper than ever.  Yes, I know AC is hurting.  The problem is those NYC-area and Philly-area casinos which steal away customers.  AC just needs to scale back the casino focus, a nice 3-4 on the boardwalk could survive easily - I think Revel will be one of them.  But Showboat and Plaza are closing at the end of summer... and more of the older ones are sure to follow.  Once those are closed and demolished, replaced by some nice beach condos... I think AC can turn it around.  It's just going to take time.  Revel can survive, but the big money / big casino era for AC is over."}
{"_id": "225510", "title": "", "text": "\"Universal Steel of America understands the importance of helping our clients make the right decision and the long term impact that decision can have on them. In the spirit of doing good business, Universal Steel of America welcomes the relationship and expectation of our client. We certainly know that \"\"Our Success\"\" will always be measured by their happiness, ensuring new and repeat business and helping keep us at the forefront as one of the industry's design-build technology leaders.\""}
{"_id": "225511", "title": "", "text": "\"I know nothing about this stuff. Am I in trouble? You might be. If you don't file your return the IRS may \"\"make up\"\" one for you based on the (partial) information they have. Then they'll assess taxes and penalties and will go after you to pay those. Will I be hit with interest/penalties? You may if any money is owed. You may also lose the refund if you wait for too long (3 years after the due date). You may also be hit with the penalties for non-filing/late filing by your State. Not owing to IRS doesn't mean you also don't owe to the State - you can get hit with interest and late payment penalties there too. He has all my paperwork (I probably have copies... somewhere...) Should I go somewhere else and start fresh? He must return all the original paperwork you gave him. He can be disbarred if he doesn't. If you did 2013 yourself - what was significantly different in 2012 that you couldn't do yourself? If nothing - then just do it yourself and be done with it. You can buy 2012 preparation software at very deep discounts now. Otherwise - yes, go somewhere else. Busy season is over and it shouldn't be difficult to find another preparer/EA/CPA to do the work for you.\""}
{"_id": "225522", "title": "", "text": "The biggest concern is how you get $250,000 in unsecured credit. It's unlikely that you will be loaned that amount at a percentage lower than what you expect to earn. Unsecured credit lines are rarely lower than 10% and usually approach 20%. On top of that, for a bank to approve you for that credit line, you have to have a high credit score and an income to support the payments on that credit line. But lets suspend disbelief and assume that you can get the money you want on loan. You would then be expected to pay back that 10%, but investments don't go up uniformly. Some years they go up 15-20% and other years they go down 10%. What do you do if you have to sell some of your investments in a down year? That money is no longer invested, and you can't recover it with the following up year because you had to take too much out to cover the loan payments. You'll be out of money long before the loan is repaid because you can expect there will be bad years in the stock market that will eat away at your investment. There were a lot of people who took their money out of the market after the crash of 2008. If they had left their money in through 2009, they would have made all that money back, but if you have a loan to pay you have to pull money out in the bad years as well as the good years. Unless you have a lucky streak of all good years, you're doomed."}
{"_id": "225536", "title": "", "text": "You should definitely favor holding bonds in tax-advantaged accounts, because bonds are not tax-efficient. The reason is that more of their value comes in the form of regular, periodic distributions, rather than an increase in value as is the case with stocks or stock funds. With stocks, you can choose to realize all that appreciation when it is most advantageous for you from a tax perspective. Additionally, stock dividends often receive lower tax rates. For much more detail, see Tax-efficient fund placement."}
{"_id": "225545", "title": "", "text": "How do you tell the 'good' from the 'bad' when 90% isn't good stuff?  Why bother with (and make reference to) a source that's so bad- 90% of the time - they're full of shit?  Mackitus is right:  Warning- ZeroHedge post."}
{"_id": "225561", "title": "", "text": "&gt; \u201cThere should be more public appearances by the CEO, there should be ongoing media relations activities that help give confidence to investors,\u201d Argenti said. \u201cI don\u2019t see any of that going on. I see the exact opposite. **It\u2019s amateurish**.\u201d  I think that about sums it up"}
{"_id": "225566", "title": "", "text": "When I was in Los Angeles last, it was crazy, WiMax 4G EVERYWHERE. In San Diego there was absolutely 0 WiMax. I've been on 4G maybe 10 times in over 2 years and each time reminds me how bad 3G sucks. I recommend not using 4G until you have a network in your area as it's pretty depressing to go back."}
{"_id": "225574", "title": "", "text": "What concerns me is Japan's lost decade. They pulled the same shit the U.S. did 20 year earlier and they still haven't recovered. Now that our economy is global, Japan can't just start pushing exports to refuel their automotive sector, which in turn refuels their industrial sector etc etc. Once interest rates hit zero there's nothing left to be done. If this had happened to Japan 100 years ago perhaps they would have been able to introduce policies that would help a create a slower but steadier recovery.   Now that our economy is global, Japan has no choice. They have to compete with the rest of the world. QE is our last chance. You can argue over whether it was the right call or not until the sun burns out. It's here now and if investors panic, that's it. There will be no reasonable investment, prompting no recovery. This is our only chance. It's nice that the market saw a huge run up when the Fed was flooding it with money. However, whether or not that decision will prompt a recovery is yet to be seen. Now that the Fed is easing we'll truly see what the last five years have all been for.  edit: I mean, this is it. It will either work or it won't. This is where it all comes together or fails."}
{"_id": "225593", "title": "", "text": "Well this is not the best situation.  Sorry to your friend. First off ROTHs are out, you need earned income.  Secondly, I don't think the focus should be on retirement planning until there is again an earned income.  Thirdly, this person is just in a bad spot. Lets assume that you can find some really good mutual funds, that consistently return 10% per year.  At best this person can only pull out 10K per year without touching principle.  At that income level, taxes are not much of a concern; not as much as surviving.  If this person knows anything about investing, they know funds don't work like this.  They could be down 5%, down 5%, up ~40% in three years to give an average of 10% return.  Which of course further complicates matters.     This person (IMO) should seek to start a different career.  One that can cater to any long term issues this person has with pain/disability.  The money could be used toward training/education in order to get money flowing again.  That is not to say the full amount should be used for a BA in Russian Folk Literature, but some minimum training to get a career that starts earning real money."}
{"_id": "225666", "title": "", "text": "The money you receive from son would be treated as gift. As per gift tax you can get unlimited money from son and there is no tax implication. You are free to use money as you like. There is no restriction. Any profit you make is taxable as income to you."}
{"_id": "225677", "title": "", "text": "This scheme is specifically aimed at giving a bit extra to people who have reached or will reach pension age before April 2016 when the new flat-rate pension comes in.  The new scheme will pay somewhat more than the current one, so this scheme is intended to provide some compensation. A couple of points which aren't mentioned on the calculator but are in various articles: It's a much better deal than you could get buying an annuity on the open market at the moment but it does have the same major downsides as any annuity: It's not a no-brainer but nor is it an obviously bad deal."}
{"_id": "225681", "title": "", "text": "It really depends.  How often will this thing go down?  How much cleaning will it need?  If this thing needs cleaning once per day, You could hire someone to come in at nights and clean multiple stores.   If these things don't go down multiple times a day, then one person in reserve could service multiple locations pretty easily."}
{"_id": "225682", "title": "", "text": "\"No. Rural Scotland has exactly the same monetary system, and not the same bubble. Monaco (the other example given) doesn't even have its own monetary system but uses the Euro. Look instead to the common factor: a lot of demand for limited real estate. Turning towards the personal finance part of it, we know from experience that housing bubbles may \"\"burst\"\" and housing prices may drop suddenly by ~30%, sometimes more. This is a financial risk if you must sell. Yet on the other hand, the fundamental force that keeps prices in London higher than average isn't going away. The long-term risk often is manageable. A 30% drop isn't so bad if you own a house for 30 years.\""}
{"_id": "225688", "title": "", "text": "\"But it isnt how countries work.  Republicans constantly want to pretend a country is a business or a home budget it isnt.  And I dont get why people dont remember that Bush ran on the fact that he was a businessman and that gore was the out of touch guy who was in politics all his life.  how did that work out?  the country isnt a business  we cant fire our citizens and hope they get new citizenship in a better country.  we cant carve off missouri and sell it to mexico to get rid of some of our less profitable states.  The US is not a business.  and last if you say \"\"thats just capitalism\"\" then perhaps we should examine if we want capitaism in our SOCIETY.. If that is good for SOCIETY. I mean if you are just going to send all the jobs over seas to were workers are cheaper, then all you are doing is asking america to go into a state of decline until all of us are willing to take the same pay as some guy who lived in a hut in middle of africa all his life.  Personally I dont.\""}
{"_id": "225707", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Amazon will start delivering packages into the homes of Prime members](https://np.reddit.com/r/talkbusiness/comments/78p4ia/amazon_will_start_delivering_packages_into_the/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "225717", "title": "", "text": "You made 94$ on an investment of 554.80 *100 = 55480$ for an approx holding period of 1 year. So the % return is ~0.16%, which is not much better than the short term us treasury rate. The current 1 year treasury rate is 0.27%: http://ycharts.com/indicators/1_year_treasury_rate So yes, you have a risk free portfolio, so you make the risk free rate. Remember this is an European option, so you are stuck for 1 year. if you found the same mispricing in an American option, then you found an arbitrage."}
{"_id": "225718", "title": "", "text": "There is no fixed formulae, its more of how much you can negotiate Vs how many others are willing to work at a lower cost. Typically in software industry the rates for part time work would be roughly in the range of 1.5 to 2 times that of the full time work for the same job. With the above premise roughly the company would be willing to pay $100,000 for 2000 hrs of Part time work(1), translating into around $50 per hour. How much you actually get would depend on if there is someone else who can work for less say at $30 at hour. (1) The company does not have 2000 hrs of work and hence its engaging part time worker instead of full time at lesser cost."}
{"_id": "225728", "title": "", "text": "I think that one change you can make which can make a significant impact to your cash flow is not eating out, if you tend to do so a lot.  My family used to eat out at least once a week, and we've cut it out entirely, saving about $200 a month."}
{"_id": "225752", "title": "", "text": "I have everything you have and a nap room, coffee bar, game room and a whole bunch of other good shit. You can have both. It doesn't have to be one or the other. My boss is awesome too and also lets my coworkers work from home on a regular basis. My boss also had a talk with me when I worked a lot one week and offered me flex days (extra PTO days). I also work under 30 hours a week and only hit above that a handful of times a year."}
{"_id": "225760", "title": "", "text": "\"As far as the banker himself goes, it's a customer service issue.  WF is not going to tell you about their internal discipline (or oughtn't, anyway), other than potentially to confirm that the banker does or does not still work there; that's the closest they should get to telling you about it.  I'm a (very) former retail manager, and that's absolutely the most I'd ever do in a case like this; and trust me, even with good customer service reps, you get requests to fire someone a lot, sometimes valid, sometimes not. You did the correct thing from your end: you brought the issue to their attention.  Despite the quota, it's (hopefully) not permitted to sign people up without their permission (since that's illegal!), and I can say that in my retail experience, with these promotions with great incentive to cheat in this manner, one of the main things our loss prevention department did was to monitor data to see if people were illicitly signing people up for cards or otherwise cheating the system.  That could be a very bad thing from a customer service point of view and from a legal point of view. What you should have done (or possibly did, but it's not clear in your post) is, after you reported the issue, asked for a re-contact on a particular date in the future - not \"\"after you've looked into it\"\", but \"\"Next friday I would like to get a call from you to discuss the resolution.\"\"  Again, they're not going to tell you the discipline, but they should tell you at least that they've investigated it and will make sure it doesn't happen again, or similar.  It's possible they will want more information from you at this point, and this is a useful way to make sure that request doesn't fall off of their plate.  They should be able to, at least, tell you if there was a perceived issue on their end - it might be something meaningless to you, like \"\"He thought you said to sign up\"\", or something more descriptive, like \"\"He pushed the button to send you a notice, but our computer system screwed that up and made it an application\"\".  You never know these days how easy it is to screw these things up. Now, they certainly should have fixed the issues on your end.  Hopefully they did whatever you needed them to do banking-wise, or else you withdrew your money and went somewhere else.  If not, follow up with that supervisor's supervisor, or go up a level or two to a regional director or equivalent.  They may not be able to cancel the card for you, but the other banking-related things they certainly should fix.  The card you probably just have to cancel and be done with. As far as the misuse of personal information, one thing I'd consider doing is placing a freeze on your credit report.  Then this could never have happened - you would have to lift it to have your report pulled to be given the card.  This is not free, though, so consider this before doing this.\""}
{"_id": "225774", "title": "", "text": "The time value decay is theoretically constant.  In reality, it is driven by supply and demand, just like everything else in the market.   For instance, if a big earnings announcement is coming out after the close for the day, you may see little or no time decay in the price of the options during the day before. Also, while in theory options have a set value as related to the trading price of the underlying security, that does not mean there will always be a buyer willing to pay a premium as they come close to expiration (in the last few minutes). You can't forget to account for the transaction fees associated with buying the options, or the risk factor involved.   It is rare, but there are times I've actually had to sell in the money calls at a penny or two LESS than they're actually worth at the time just to unload them in the last few minutes before the market closed on expiration day."}
{"_id": "225785", "title": "", "text": "Whether you need to hire a lawyer depends on whether you are capable enough to understand the fine print and it's consequences in all the contracts you sign with the Builder or not.  Even though the REPC is a standard document, the Builder may add additional addendum voiding many of the rights Buyers normally have. If you are not sure or have doubts about specific verbiage, I recommend that you at least get your Realtor to spell it out for you or hire a lawyer as an alternative."}
{"_id": "225798", "title": "", "text": "Watch pawn stars. Whatever someone offers offer 1/3 or less then go up from there. At least that's how to get the number. The rest is having the tact to make someone believe what you are offering is a good deal as that gentlemen clearly demonstrated."}
{"_id": "225809", "title": "", "text": "I could be mistaken on this, but after the GM bailout and others, weren't laws put in place to essentially force companies to maintain a certain level of liquidity? Also, that 0% is probably closer to .25~.50 through way of credit swaps, no? Or if we assume it's earning .1%, that's still $6,666,667/month ($80,000,000,000 x .001/12)."}
{"_id": "225815", "title": "", "text": "Here's the purely mathematical answer for which fees hurt more. You say taking the money out has an immediate cost of $60,000. We need to calculate the present value of the future fees and compare it against that number. Let's assume that the investment will grow at the same rate either with or without the broker. That's actually a bit generous to the broker, since they're probably investing it in funds that in turn charge unjustifiable fees. We can calculate the present cost of the fees by calculating the difference between: As it turns out, this number doesn't depend on how much we should expect to get as investment returns. Doing the math, the fees cost: 220000 - 220000 * (1-0.015)^40 = $99809 That is, the cost of the fees is comparable to paying nearly $100,000 right now. Nearly half the investment! If there are no other options, I strongly recommend taking the one-time hit and investing elsewhere, preferably in low-cost index funds. Details of the derivation. For simplicity, assume that both fees and growth compound continuously. (The growth does compound continuously. We don't know about the fees, but in any case the distinction isn't very significant.) Fees occur at a (continuous) rate of rf = ln((1-0.015)^4) (which is negative), and growth occurs at rate rg. The OPs current principal is P, and the present value of the fees over time is F. We therefore have the equation P e^((rg+rf)t) = (P-F) e^(rg t) Solving for F, we notice that the e^rg*t components cancel, and we obtain F = P - P e^(rf t) = P - P e^(ln((1-0.015)^4) t) = P - P (1-0.015)^(4t)"}
{"_id": "225818", "title": "", "text": "You need a source of delisted historical data.  Such data is typically only available from paid sources. According to my records 20 Feb 2006 was not a trading day - it was Preisdent's Day and the US exchanges were closed. The prior trading date to this was 17 Feb 2006 where the stock had the following data: Open: 14.40 High 14.46 Low 14.16 Close 14.32 Volume 1339800 (consolidated volume) Source: Symbol NVE-201312 within Premium Data US delisted stocks historical data set available from http://www.premiumdata.net/products/premiumdata/ushistorical.php Disclosure: I am a co-owner of Norgate / Premium Data."}
{"_id": "225829", "title": "", "text": "But satisfactory gold products from our on-line save, call necklace may be worn to any event, whether or not it is formal or casual. Name necklaces very famous in the youngsters, so their want to Children name necklace in gold or silver steel. To similarly make this necklace even greater of an original, you may add as many charms and crystals as you have got participants of your family. We additionally offer our all jewelry design at the net. Our exceptional product is the Miraculous gold necklace, that may you get at an less costly price."}
{"_id": "225853", "title": "", "text": "\"The amount of hype and uneducated investors/speculators driving its prices up. Just by that I would say its prices are inflated. Bear in mind that Facebook don't sell anything tangible. They can go down as fast as they went up. Most of their income is ad based and single-product oriented, and as such highly dependent on usage and trends (remember MySpace?). Having said that, all the other \"\"classic\"\" valuation techniques are still valid and you should utilize them.\""}
{"_id": "225855", "title": "", "text": "\"The other two folks here are right with the math and such, so I'll just throw some intuition out there for you.  The basis for this valuation model is really just tacking the Gordon growth model (which is really just a form of valuing a perpetuity) onto a couple of finite discounted cash flows. So that ending part is the Gordon growth model *at the future point* discounted back to the present.  The Gordon growth model uses a \"\"next period\"\" dividend for the very simple reason that it's the next one you'd get if you bought the stock.  Is that explanation clear enough, or were some of these points not adequately explained in your class? I'll help a bit more, if I can.\""}
{"_id": "225865", "title": "", "text": "Beer fridge This is the principle motivation behind why it is critical that you cover the surveys and correlation of those models and sorts of the brew ice chest that you are truly considering. Via painstakingly considering the data and perspectives of other individuals you will have the capacity to incorporate into your determination procedure different factors, for example, sizes and shapes, limits, hues, outline points of interest and limits and execution proficiency, support and repair and numerous others."}
{"_id": "225874", "title": "", "text": "There's a couple issues to consider: When you sell your primary home, the IRS gives you a $500k exemption (married, filing jointly) on gain.  If you decide not to sell your current house now, and you subsequently fall outside the ownership/use tests, then you may owe taxes on any gains when you sell the house. Rather than being concerned about your net debt, you should be concerned about your monthly debt payments.  Generally speaking, you cannot have debt payments of more than 36% of your monthly income.  If you can secure a renter for your current property, then you may be able to reach this ratio for your next (third) property. Also, only 75% of your expected monthly rental income is considered for calculating your 36% number. (This is not an exhaustive list of risks you expose yourself to). The largest risk is if you or your spouse find yourself without income (e.g. lost job, accident/injury, no renter), then you may be hurting to make your monthly debt payments.   You will need to be confident that you can pay all your debts.  A good rule that I hear is having the ability to pay 6 months worth of debt.  This may not necessarily mean having 6 months worth of cash on hand, but access to that money through personal lines of credit, borrowing against assets, selling stocks/investments, etc. You also want to make sure that your insurance policies fully cover you in the event that a tenant sues you, damages property, etc.  You also don't want to face a situation where you are sued because of discrimination.  Hiring a property management company to take care of these things may be a good peace-of-mind."}
{"_id": "225877", "title": "", "text": "Keep in mind that the exchanges do not hold, buy, or sell the stock - people (or funds) do.  All the exchange does is facilitate the sale of stock from one entity to another. So the shares outstanding (and market cap) for a company are set regardless of how many exchanges the stock is listed on.  The company typically indicates the number of shares outstanding in its financial statements.  I do not know if the exchange itself keeps track of shares outstanding; it may just report whatever the company publishes. So theoretically, if you wanted to buy all of the stock of a company, you could do it all in one exchange, provided that all the existing holders of the stock were willing to sell you their shares.  There are many issues with that, though, which I don't think are germane to your question."}
{"_id": "225894", "title": "", "text": "According to the ATO Standard Choice Form, for APRA cash reserves, you should incorporate the Super USI Number offered by your cash reserve. This doesn\u2019t apply if designation an SMSF. An enrollment of USI\u2019s and accomplished bank information as well as IP addresses, is handled by the ATO to run the system.  https://supernumber.com.au/"}
{"_id": "225901", "title": "", "text": "Its still the case though. Most of the economy exists as either stocks, bonds, or debt. Bonds are stable so the wealthy stockpile there just in case, stocks are where they earn new wealth, and the debt just is everywhere. Real estate is basically just their flash cash."}
{"_id": "225909", "title": "", "text": "Did you go to bschool? You actually do learn a lot. There are a lot of things that I do know that some of my fellow BA's in Business don't know. (business plan writing, how to properly read a financial statement, promotional strategy creation). Also, I got hooked up with a really cool internship that got me in front of some big VC's. There is value, is it worth the results? No.   But let's be honest here, neither is law school (unless you go to a T14). Have you seen the job market? Brutal."}
{"_id": "225910", "title": "", "text": "Unfortunately, I'm not the guy that makes the call about hires.  You should talk to the institutional guys - get to know them, find out where they go for drinks and show up and just shoot the shit and chit chat. Be outgoing and joke around.  Mention you'd like a shot and to keep you in mind if something opens up. I can tell you that in this industry the first thing people look for is if the candidate is a good fit for the team - both in terms of attitude, culture and overall fit.   Leverage what you have.  They already know you."}
{"_id": "225920", "title": "", "text": "Personal home care services are best for your loved ones or elderly person who needs help to do their daily work. These services can greatly improve the quality of life for your family member and allow you to rest easy knowing that he or she is safe and happy."}
{"_id": "225925", "title": "", "text": "Cutting 25% from pensions is a big deal. This is why I'm going to get out of the company pension. If the money isn't mine, what is it? Are they giving me more return on my interest than normal to make up for the fact they can decide to back out of the agreement at any point? No."}
{"_id": "225944", "title": "", "text": "\"I ended up with YNAB.  It worked quite well, and I highly recommend it.  It does cost money, but I found it saved me far more than its cost in the first month alone, since I saved between $500 and $1000.  And it's flexible;  when you overspend on something you can flex your budget, rather than it breaking and you give up in frustration.  Dropbox support has recently been added, \"\"cloudifying\"\" it and making it where the smartphone apps can be really useful.  I use the iPhone app occasionally, having recently transitioned to an iPhone.\""}
{"_id": "225948", "title": "", "text": "No. There's no personal responsibility per se if you set up a corporation, but if you don't have a track record a creditor will likely insist that you personally guarantee the debts of the corporation. Beyond that, personal responsibility would be the result of a piercing of the corporate veil, which is something the courts are unlikely to do unless there is indicia of fraud or the like. There are also some statutory provisions that can lead to personal liability of a corporation's directors (e.g. unpaid wages), but I don't think that's really what this thread is getting at."}
{"_id": "225950", "title": "", "text": "It doesn't because Obama has zero plans to raise corporate taxes. It fact his last proposal was to lower the rate 6 percent.   This CEO is a greedy fuckstick concerned about paying a few percent more per year on his personal income tax."}
{"_id": "225951", "title": "", "text": "De Beers is the company most cited as the near monopoly. They used to own a massive chunk of the diamond supply and intentionally restricted that supply to increase the price. In recent decades, new sources of diamonds have reduced the De Beers' singular grip. They still have a large share though. Video about this from Adam Ruins Everything: https://www.youtube.com/watch?v=N5kWu1ifBGU it turns out this ancient tradition [of giving diamonds rings for engagements] was invented less than a century ago by the De Beers Diamond Corporation... in 1938, the De Beers Diamond cartel launched a massive ad campaign, claiming that the only way for a real man to show his love is with an expensive hunk of crystallized carbon, and we bought that shit. It continues The only reason diamonds are even expensive is that De Beers has a global monopoly on diamond mining and they artificially restrict the supply, to jack the prices up. Because of this artificial supply restriction, the resale value of diamonds are quite low."}
{"_id": "225964", "title": "", "text": "One advantage not pointed out yet is that closed-end funds typically trade on stock exchanges, whereas mutual funds do not.  This makes closed-end funds more accessible to some investors. I'm a Canadian, and this particular distinction matters to me.  With my regular brokerage account, I can buy U.S. closed-end funds that trade on a stock exchange, but I cannot buy U.S. mutual funds, at least not without the added difficulty of somehow opening a brokerage account outside of my country."}
{"_id": "225968", "title": "", "text": "\"I for one am happy that the most selfish generation (a little hyperbole) is retiring.  Still won't be holding my breath. They may choose retirement to cash in, only to come back as a \"\"Consultant\"\", at same/better pay.  Of course, their retirement benefits will continue as before.\""}
{"_id": "226053", "title": "", "text": "Basically the first thing you should do before you invest your money is to learn about investing and learn about what you want to invest in. Another thing to think about is that usually low risk can also mean low returns. As you are quite young and have some savings put aside you should generally aim for higher risk higher return investments and then when you start to reach retirement age aim for less risky lower return investments. In saying that, just because an investment is considered high risk does not mean you have to be exposed to the full risk of that investment. You do this by managing your risk to an acceptable level which will allow you to sleep at night. To do this you need to learn about what you are investing in. As an example about managing your risk in an investment, say you want to invest $50,000 in shares. If you put the full $50,000 into one share and that share price drops dramatically you will lose a large portion of your money straight away. If instead you spent a maximum of $10,000 on 5 different shares, even if one of them falls dramatically, you still have another 4 which may be doing a lot better thus minimising your losses. To take it one step further you might say if anyone of the shares you bought falls by 20% then you will sell those shares and limit your losses to $2000 per share. If the worst case scenario occurred and all 5 of your shares fell during a stock market crash you would limit your total losses to $10,000 instead of $50,000. Most successful investors put just as much if not more emphasis on managing the risk on their investments and limiting their losses as they do in selecting the investments. As I am not in the US, I cannot really comment whether it is the right time to buy property over there, especially as the market conditions would be different in different states and in different areas of each state. However, a good indication of when to buy properties is when prices have dropped and are starting to stabilise. As you are renting at the moment one option you might want to look at is buying a place to live in so you don't need to rent any more. You can compare your current rent payment with the mortgage payment if you were to buy a house to live in. If your mortgage payments are lower than your rent payments then this could be a good option. But whatever you do make sure you learn about it first. Make sure you spend the time looking at for sale properties for a few months in the area you want to buy before you do buy. This will give you an indication of how much properties in that area are really worth and if prices are stable, still falling or starting to go up. Good luck, and remember, research, research and more research. Even if you are to take someone elses advice and recommendations, you should learn enough yourself to be able to tell if their advice and recommendations make sense and are right for your current situation."}
{"_id": "226060", "title": "", "text": "&gt; Why do you say such stupid things?   I'm just going by the wikipedia link that you just gave.  Very first paragraph:  &gt; Although the company was once touted for its unusual technology, plummeting silicon prices led to the company's being unable to compete with conventional solar panels made of crystalline silicon."}
{"_id": "226063", "title": "", "text": "\"The share price on its own has little relevance without looking at variations. In your case, if the stock went from 2.80 to 0.33, you should care only about the 88% drop in value, not what it means in pre-split dollar values. You are correct that you can \"\"un-split\"\" to give you an idea of what would have been the dollar value but that should not give you any more information than the variation of 88% would. As for your title question, you should read the chart as if no split occurred as for most intents and purposes it should not affect stock price other than the obvious split.\""}
{"_id": "226066", "title": "", "text": "Are you dropshipping (I'll have to tune my answer a bit if so)?  Suggest you're probably looking for a supply chain consultant.  As you've found, ecomm is a bit of a loaded term and will get you the wrong kinds of folks.  Sounds like in your case, you're looking for more classical-style supply chain help and e-commerce just happens to be the vehicle with which the consumers place orders - though correct me if I'm off."}
{"_id": "226070", "title": "", "text": "\"In the long run (how long?) a shares price always reverts to being its proportional amount of the company's residual equity plus the net present value of its expected future cash flows. Or at least that's the theory. In practice PE ratio is used not as a way of measuring what the stock price itself will do but what the fundamental value of holding that share is compared to its price. It is a way of measuring what a company is worth compared to its price and comparing it against other companies to find companies where the underlying value of the company is underrepresented by the price. Comparing PE ratios within the same industry or sector is the most valid use for this (other than comparing previous years of the same company) and the validity of the comparison drops as the structure of the firm you are comparing with gets more different to that of the company. Each industry has its own \"\"typical\"\" average PE ratio and these differ wildly between industries so in a great many cases even comparing PE ratios between similar stocks in different industries isn't valid. Any weird pseudo PE ratio that you create for other instruments will be meaningless. In general the best way to compare investments across multiple instruments is by comparing returns. when comparing stocks to other instruments you may want to use the return on stock price or the return on capital employed (ROCE) depending on whether you want to compare the trading performance or the fundamental performance.\""}
{"_id": "226071", "title": "", "text": "I would listen to chrissundberg below.  Most professionals I meet and interact with in accounting firms, law firms, lending, and others are by the book, smart, professional, and honest in their business dealings.  Of course I have also run into a small minority that try to avoid contractual obligations or pull a fast one on the auditors, but these guys are known quickly throughout the business community and avoided.    You need to reevaluate your thoughts on government's role in business and the finance industry, which you are clearly interested in joining.  Quite frankly you won't last a week coming in most companies if you vocalize the government should do audits and business is amoral."}
{"_id": "226090", "title": "", "text": "If you believe you can time the crash, then  We all know what comes after a crash\u2026 just as we know what comes after the doom, we just don\u2019t know when\u2026."}
{"_id": "226102", "title": "", "text": "Central banks don't generally post exchange rates with other currencies, as they are not determined by central banks but by the currency markets. You need a source for live exchange rate data (for example www.xe.com), and you need to calculate the prices in other currencies dynamically as they are displayed -- they will be changing continually, from minute to minute."}
{"_id": "226103", "title": "", "text": "Amazon is stuffed full of dumb money.  People who like the company and therefore assume it must be a good investment.  Nothing about an investment makes sense when the PE is 100.  If you buy something like that you must assume 8% moves will happen pretty frequently."}
{"_id": "226106", "title": "", "text": "In the current climate, most good deals are for people looking for a 75% LTV or less. There are mortgages available with ok APRs for up to 90% LTV though. At the moment you would struggle to find a mortgage with greater than a 90% LTV. You can use an online comparison site like Money Supermarket to find a deal. Plugging in the numbers you gave in your question (house price 100K, income 21K) with a few other assumptions (10K deposit for 90% LTV, 300/month other outgoings) gives a number of results at around 6% APR, which isn't great, but the payments would be around \u00a3600/month which you may be able to afford."}
{"_id": "226110", "title": "", "text": "Setup a Linksys Smart Wifi router in your home for a better internet experience. If you are getting issues while the setup then feel free to contact us. We are having experienced staff that can solve these types of issues in no time."}
{"_id": "226119", "title": "", "text": "&gt; If you want to argue that businesses are more important than people  I don't think businesses are more important than people, I just think that the public good is not their concern. Leftists seem to think that the public good is supposed to be everyone's concern, I do not.   &gt; There's plenty of businesses out there charging a fair markup for a quality product or service and paying a fair wage.  There is no such thing as a fair wage. I mean that literally. It's a nonsense phrase. What is fair? Where is fair? What does fair mean? There is only an agreeable wage. Walmart is entitled to pay you as little as you will let them, regardless of how that impacts your wellbeing, because I don't think your wellbeing is their concern. The same relationship works in reverse, You get to try to get them to pay you as much as you want, even if it hurts their business, because their business is not your concern. Wherever you both agree is whatever you get paid. Fair is nonsense, it means nothing.  I don't like social management as an idea. It is only ever a necessary evil. I don't believe social progress is a respectable value and I mistrust anyone who professes to want it, because what they really want is to control the world. I don't think you or anyone else gets to control the world, I think you get to control what's yours and nothing else. I don't want the public good to be something *anyone* is concerned with as a matter of course, only as an exception when really necessary."}
{"_id": "226153", "title": "", "text": "\"RT is probably fine for what it is; the problem is branding.  Why confuse consumers by associating it with Windows?  Make it easy for people to separate product offerings into understandable categories.  There is already enough name-recognition with the Microsoft moniker, there is absolutely no need to tag on \"\"Windows\"\" as well when the device can't run any actual Windows software.\""}
{"_id": "226167", "title": "", "text": "No protective order; no NDA; no disco clawback arrangement... sounds like WF just handed over a bargaining chip the size of Kansas. Doesn't mean they can't (eventually) get it back through court processes (as an inadvertent disclosure of a trade secret... maybe), but it's a fuck up more quickly and easily resolved by buying it back."}
{"_id": "226179", "title": "", "text": "Finance...there aren't really entry level jobs in economics. Of course people get jobs as econ majors but real economists only get hired at the senior (phd) level to implement a strategy that they studied in academia. Finance gives you a better understanding of financial statements and operations.   Kansas may lack financial career opportunities and on campus recruiting."}
{"_id": "226197", "title": "", "text": "\"The answer is partly and sometimes, but you cannot know when or how. Most clearly, you do not take somebody else's money if you buy shares in a start-up company. You are putting your money at risk in exchange for a share in the rewards. Later, if the company thrives, you can sell your shares for whatever somebody else will pay for your current share in the thriving company's earnings. Or, you lose your money, when the company fails. (Much of it has then ended up in the company's employees' pockets, much of the rest with the government as taxes that the company paid).  If the stockmarket did not exist, people would be far less willing to put their money into a new company, because selling shares would be far harder. This in turn would mean that fewer new things were tried out, and less progress would be made. Communists insist that central state planning would make better decisions than random people linked by a market. I suggest that the historical record proves otherwise. Historically, limited liability companies came first, then dividing them up into larger numbers of \"\"bearer\"\" shares, and finally creating markets where such shares were traded.  On the other hand if you trade in the short or medium term, you are betting that your opinion that XYZ shares are undervalued against other investors who think otherwise. But there again, you may be buying from a person who has some other reason for selling. Maybe he just needs some cash for a new car or his child's marriage, and will buy back into XYZ once he has earned some more money.  You can't tell who you are buying from, and the seller can only tell if his decision to sell was good with the benefit of a good few years of hindsight.  I bought shares hand over fist immediately after the Brexit vote. I was putting my money where my vote went, and I've now made a decent profit. I don't feel that I harmed the people who sold out in expectation of the UK economy cratering. They got the peace of mind of cash (which they might then reinvest in Euro stocks or gold or whatever). Time will tell whether my selling out of these purchases more recently was a good decision (short term, not my best, but a profit is a profit ...)  I never trade using borrowed money and I'm not sure whether city institutions should be allowed to do so (or more reasonably, to what extent this should be allowed). In a certain size and shortness of holding time, they cease to contribute to an orderly market and become a destabilizing force. This showed up in the financial crisis when certain banks were \"\"too big to fail\"\" and had to be bailed out at the taxpayer's expense. \"\"Heads we win, tails you lose\"\", rather than trading with us small guys as equals! Likewise it's hard to see any justification for high-frequency trading, where stocks are held for mere milliseconds, and the speed of light between the trader's and the market's computers is significant.\""}
{"_id": "226201", "title": "", "text": "How about opening a Coffee shop section in the bookshop to generate some cash flow per month to offset some of the expenses ?  Off course success of this venture will depend on where the location of shop is, how big it is  and whether people are coffee enthusiast in that region. Since the rent/mortgage ( the major expense) is already taken care of all you have to do is invest in one time expenses for : Interior (hip these days - rustic expose brick walls, nostalgic filament light, chalk board menu, etc  )   Seating (big communal table, lounge couch, some regular table chairs,some out door seats if weather is good) ...and the ugly licencing and approval. Throw in some social media marketing, SEO, yelp,urbanspoon, tripadvisor, etc If the bookstore is old, I am assuming it might have the old world charm & character which could attract lot of coffee enthusiast. The unique and competitive edge of this coffee shop could be its historic charm , which no other competitor can achieve. Would definitely beat the staryuks. Even if no one shows up , only recurring additional expense will be barrista wages. The interior , seating and coffee m/c costs can be minimized by savvily shopping stuff on community sites like craigslist, gumtree etc. I beleive if you are in US , everything could be set up under 6K. Later on premade food items like bananacake, raw cacao balls, toasted panini sandwich etc. can be added. If one has 3 key ingredients in food industry - Location, Vibe and taste, then there is high probability that they will succeed. At the same time one should be cognizant that 95 % of business fail in first 3 years and therefore they should have an exit plan. Unfortunately if your business does not work, then you exit cost would be just getting rid of the equipment & furniture. Just to put in perspective, some Dunkin Donut shops that I was researching in North East were clearing between 1/2 to 1 mil per year.  As it is the current damage per month is 10k, if this business offsets even some of the damage it would be worth while. So the cost of keeping the pride of 91 yo dad can potentially reduce from 10k to 2-3 k. Who knows if it takes off , one day it could be a good sustainable business and might turn into a win-win situation for you and your father. I have made lot of assumption without knowing the facts like- you are located in US, you have risk appetite,  bookshop is not in industrial area but some prime retail area like this :  ... etc. While I am at it { giving unsolicited advise that is}.. Currently the books in the bookshop are very old books that it published by itself. Nobody is interested in reading these books. Due to his previous excitement of getting editors and publishing books, there are thousands of books that need to be kept in storerooms. They don\u2019t move because people hardly buy any books from this bookshop. To help the old published book sales why not convert the old books to ebooks using providers like 'Blueleaf-book-scanning'  and publish the books on  amazon kindle,itunes & play store. The books will be available online forever and they might get exposure to tons of book enthusiast around the world. I heard at one of our client's MDS ( mass digitization system ) project , they had in-house robot scanning machine like Treventus Pardon me if none of the above gibberish applies to your situation , but hpefully  SE community might have some fun reading this for  kicks and giggles . Cheers and good luck. Source: I am US person in Australia, operated restaurant / bar in US , visited 100's of coffee shops, consulting for living, ...and a dreamer { :-) hard not to imagine from the short post}."}
{"_id": "226207", "title": "", "text": "On your first day you walk into the room bold as brass, look each stiff straight in the eye one by one until you find the meanest, baddest mother-farker;  then you grab a chair or tray or any thing else handy and beat that sorry SOB straight over the head until his jumpsuit turns from orange to red.   Protip: Don't forget to visit HR and give them your banking information, you want to be paid in a timely fashion!"}
{"_id": "226224", "title": "", "text": "\"#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Betteridge's law of headlines**](https://en.wikipedia.org/wiki/Betteridge's%20law%20of%20headlines): [](#sfw)   ---  &gt;  &gt;__Betteridge's law of headlines__ is an [adage](https://en.wikipedia.org/wiki/Adage) that states: \"\"Any [headline](https://en.wikipedia.org/wiki/Headline) which ends in a [question mark](https://en.wikipedia.org/wiki/Question_mark) can be answered by the word *no*.\"\" It is named after Ian Betteridge, a British technology journalist,  although the general concept is much older.  The observation has also been called \"\"__Davis' law__\"\"   or just the \"\"__journalistic principle__\"\".  In the field of [particle physics](https://en.wikipedia.org/wiki/Particle_physics), the concept has been referred to as __Hinchliffe's Rule__.   &gt;  ---  ^Interesting: [^List ^of ^eponymous ^laws](https://en.wikipedia.org/wiki/List_of_eponymous_laws) ^| [^Sensationalism](https://en.wikipedia.org/wiki/Sensationalism) ^| [^Sport ^in ^Birmingham](https://en.wikipedia.org/wiki/Sport_in_Birmingham) ^| [^Ashford, ^Kent](https://en.wikipedia.org/wiki/Ashford,_Kent)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjj75n9) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjj75n9)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)\""}
{"_id": "226232", "title": "", "text": "I worked at Wells Fargo Home Mortgage right before all the ARM loan stuff hit the news. Everyone on the board was constantly talking about increasing their portfolios.  One of the main ways they aimed to do this was by creating new loan products aimed at non-traditional borrowers (read: people who didn't meet the requirements for their traditional loan products). We had quarterly company-wide meetings to inform us about this kind of thing and it never really seemed like a great plan to me. Two years later, and the banks started failing."}
{"_id": "226243", "title": "", "text": "\"The \"\"random walk\"\" that you describe reflects the nature of the information flow about the value of a stock.  If the flow is just little bits of relatively unimportant information (including information about the broader market and the investor pool), you will get small and seemingly random moves, which may look like a meander.  If an important bit of information comes out, like a merger, you will see a large and immediate move, which may not look as random. However, the idea that small moves are a meander of search and discovery and large moves are immediate agreements is incorrect.  Both small moves and large moves are instantaneous agreements about the value of a stock in the form of a demand/supply equilibrium.  As a rule, neither is predictable from the point of view of a single investor, but they are not actually random.  They look different from each other only because of the size of the movement, not because of an underlying difference in how the consensus price is reached.\""}
{"_id": "226248", "title": "", "text": "\"VaR is statistical, so you can set the confidence interval to 5%, 1%, 0.01%, etc. VaR is the same thing as standard deviation applied over a specific time frame, its just a matter how you come up with it. For example the 95% VaR is something like 1.65 standard deviations of the returns. as you increase the number of std dev (Z score), you're confidence interval widens and you capture more of the outliers. if you set it to 99.99%, you can envision the return distributions for all but the .01%. choose between the 2? VaR is more practical on a day to day, but shortfall is better for extreme events, like 2008 when lehman collapsed or the russian debt crisis when yields blew out.  VaR has a lot of caveats about it, in that it considers everything \"\"under normal market conditions\"\". reality is, under normal market conditions, you're less concerned about risk. you want to know expectations when things go really wrong. VaR is best used as part of a risk management package, in conjunction with stress tests, duration/ DV01, liquidity analysis, etc, but its sort of leaves a lot of holes as a standalone. from a reporting and regulatory standpoint, VaR is generally accepted, and many firms reporting one day VaR in their financials (JPM, Goldman).  tracking error tends to be company specific. from what i've seen, its mostly funds who have to manage to a benchmark, like a pension or FoF with a specific mandate, so they can't have too much deviation from that. you'll see this with beta too, but its the same idea.   capital adequacy is slightly different from market risk. your PB or whoever will asses your portfolio holdings and apply a haircut to them based on risk and liquidity. for example you'll get close to 100% margin credit for stocks, but only a fraction of that applied to your account for a CDO^2 since liquidity is non-existent.\""}
{"_id": "226263", "title": "", "text": "Heck, my father could only buy certain models of hard drives from select manufacturers when he was working for the DOD. They knew that many foreign made devices had firmware that would automatically skim the files and send them off to the old country. I'd be surprised if foreign software didn't do the same thing also."}
{"_id": "226264", "title": "", "text": "CHN is a Closed-End Fund. CHN actually pays out three types of distributions: In the case of CHN, they appear to be paying yearly.  The most recent dividend, with exdate of 18 Dec 2014, consisted of $3.4669 of Long-term capital gains and $0.2982 cash dividend. Prior to that, the dividend with exdate of 19 Dec 2013 consisted of $2.8753 long-term capital gains and $0.4387 cash dividend. For a standard dividend yield you typically would not expect short-term and long-term capital events to be included in a yield calculation, as these events really only occur in relation to a fund rebalancing (changing its investments) and are not really due to the actual performance of the fund in any way.  Most free sites that provide dividend information do not make a distinction on the dividend type. Data source: Premium Data Full Disclosure: I am a co-owner of Premium Data/Norgate."}
{"_id": "226287", "title": "", "text": "\"According to communication expert and author of Small Message, Big Impact: The Elevator Speech Effect, Terri Sjodin defines an elevator speech this way:  &gt;\"\"An elevator speech is a brief presentation that introduces a product, service, philosophy, or an idea. The name suggests the notion that the message should be delivered in the time span of an elevator ride, up to about three minutes. Its general purpose is to intrigue and inspire the listener to want to hear more of the presenter's complete proposition in the near future.\"\"\""}
{"_id": "226298", "title": "", "text": "I would just buy a low-cost diversified equity ETF. VTI is pretty solid. Also, JW are you working or in school? If you are working you should consider opening an IRA or Roth IRA. Also if your employer has a 401k or other retirement plan you can contribute to I would advise doing so."}
{"_id": "226299", "title": "", "text": "My wife wanted to return all the unused hurricane supplies we bought before it hit here in southeast Florida. We only lost power for 24 hours so we had a lot of stuff unused. I told her I considered that shady and told her not to do it, we would use it over the coming year. When you encourage the abuse of return policies you can't fault stores for tightening up their rules."}
{"_id": "226303", "title": "", "text": "I know in the UK at least, 99% of the time even legitimate collectors don't work directly for the charity.  They work for independent for-profit companies.  The companies collect a large comission (around \u00a350-\u00a370) for every direct debit signup. The guy that knocks on your door will see very little of it.  Have a look at this: http://blogs.mirror.co.uk/investigations/2005/08/just-6-for-eight-days-work-for.html The bags you get through your door for clothing donations are run on a similar basis - the clothes and profit go to a private company, which makes a donation to the charity out of their profits.  Sometimes as little as 0.1% of your donation will go the charity. Always go direct to your chosen charity."}
{"_id": "226321", "title": "", "text": "basically the selling (for banks) means you will exchange PHP to MYR buying simply MYR to PHP the bank will buy your MYR in exchange to PHP. and you will sell your MYR to PHP. I think it has something to do with processing fee.."}
{"_id": "226337", "title": "", "text": "If you are using a US broker, you are protected by SIPC up to $500,000. SIPC also oversees the liquidation of the broker itself, either by appointing a trustee, or by directly contacting clients. If they are able to transfer accounts to a healthy broker before bankruptcy, they will do so, but if not, you will need to file a claim with them."}
{"_id": "226349", "title": "", "text": "Enriched fragments are the few extra lines of text / graphics that include some search results. They are designed to give users a better idea of the content that contains the search result, as well as their relevance to your query. The schema tag, also known as enriched fragments or structured data, is a way to sort and identify important information on your site. Search engines favor additional HTML markup because it facilitates the identification of this key information."}
{"_id": "226412", "title": "", "text": "Can you advice what I should take care about, or just continue to maximize equity? As others have said, you definitely need to learn about risk management and position sizing, but I also think you should consider:"}
{"_id": "226422", "title": "", "text": "Well it's a well-known fact, sonny-jim, that there's a secret society of the 5 wealthiest people in the world, known as The Pentavirate, who run everything in the world including the newspapers, and meet tri-annually in a secret country mansion in Colorado known as The Meadows. (So who's in this Pentavirate?) The Queen, the Gettys, the Rothschilds, the Vatican...and Colonel Sanders before he went tits up! Ooh I hated the Colonel, with his wee beady eyes and that smug look on his face! Ohh you're gonna buy my chicken! Ooh! (Dad, how can you hate the Colonel?) Because he puts an addictive chemical in his chicken that makes you crave it fortnightly, smart ass!"}
{"_id": "226428", "title": "", "text": "What do you like to do? If I retired today, at age 27, I'd spend my time still working more or less. I would just be pickier about what I worked on. Do you like to woodwork? Fish? Restore old cars? Program? Anything that is productive. Idk, just telling you what I would be doing."}
{"_id": "226451", "title": "", "text": "Yes, for a credit card, payments in excess of the minimum will go toward principal. This is not always the case with a mortgage, where prepayments of extra principal need to be explicitly stated."}
{"_id": "226463", "title": "", "text": "What about electrician, plumber, welder, construction with on the job training to work specialized equipment, mechanics that specialize on certain brands of vehicles, HVAC specialists, and so on? By the way, the apprentice of the year a few years ago for welding in my Hubby's union was a woman looking to move up to engineering after the training paid by the union was complete. There are also the office jobs that train people for the specialized requirements as they go like bookkeeping. Too many don't look in the right places and are not willing to put in the extra hours and work for the paid as you work training these jobs provide for entry level applicants."}
{"_id": "226466", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.nber.org/digest/jul17/w23392.shtml) reduced by 83%. (I'm a bot) ***** &gt; The use of lead in gasoline, paint, and other products has been sharply restricted since the 1970s as part of a national effort to reduce the incidence of neurological and other medical problems associated with lead ingestion, particularly by children.  &gt; The regulatory bans on lead use have resulted in decreased childhood exposure to lead, and some scholars argue that the drop in crime rates in recent decades is partly explained by declining lead exposure.  &gt; Because lead exposure is often associated with other challenging childhood circumstances, the links between lead exposure in children and later criminal behavior patterns has remained subject to debate.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6my4gm/lead_exposure_linked_to_school_problems_and_crime/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~165806 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **lead**^#1 **exposure**^#2 **children**^#3 **rate**^#4 **juvenile**^#5\""}
{"_id": "226488", "title": "", "text": "That's a really good idea, though in most cases like this the template letter is sufficient: Someone with legal expertise drafts a template letter with the proviso that this letter will probably have the desired effect under a specific set of circumstances. If this set of circumstances apply to you, then you can print this letter out and send it...  Legally, a properly worded denial by an individual is no different than the same denial written by a lawyer, so unless someone has actually began litigation there's rarely a necessity to seek legal advice. And in most cases firing off a denial (or a fuck-off letter) is more legally advantageous than silence, so it might not even be worth it..."}
{"_id": "226496", "title": "", "text": "It's actually quite simple. You're actually confusing two concept. Which are taking a short position and short selling itself. Basically when taking a short position is by believing that the stock is going to drop and you sell it. You can or not buy it back later depending on the believe it grows again or not. So basically you didn't make any profit with the drop in the price's value but you didn't lose money either.  Ok but what if you believe the market or specific company is going to drop and you want to profit on it while it's dropping. You can't do this by buying stock because you would be going long right? So back to the basics. To obtain any type of profit I need to buy low and sell high, right? This is natural for use in long positions. Well, now knowing that you can sell high at the current moment and buy low in the future what do you do? You can't sell what you don't have. So acquire it. Ask someone to lend it to you for some time and sell it. So selling high, check.  Now buying low? You promised the person you would return him his stock, as it's intangible he won't even notice it's a different unit, so you buy low and return the lender his stock. Thus you bought low and sold high, meaning having a profit. So technically short selling is a type of short position. If you have multiple portfolios and lend yourself (i.e. maintaining a long-term long position while making some money with a short term short-term strategy) you're actually short selling with your own stock. This happens often in hedge funds where multiple strategies are used and to optimise the transaction costs and borrowing fees, they have algorithms that clear (match) long and short coming in from different traders, algorithms, etc. Keep in mind that you while have a opportunities risk associated.  So basically, yes, you need to always 'borrow' a product to be able to short sell it. What can happen is that you lend yourself but this only makes sense if:"}
{"_id": "226500", "title": "", "text": "&gt; Look what amazon did with their servers.   What did they do. I know they own the most computing power in the world, I'm just not sure what strategy from AWS would possibly be applied to shipping. Can you explain which strategy connected to AWS would apply to shipping? You say you can see them doing the same, what do you mean by doing the same? How is does that answer the person you were responding to?"}
{"_id": "226504", "title": "", "text": "Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [\u0427\u0442\u043e \u0431\u0443\u0434\u0435\u0442 \u0441 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u043c 1 \u043d\u043e\u044f\u0431\u0440\u044f? \u041a\u0430\u043a\u043e\u0439 \u043a\u0443\u0440\u0441 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430?\u0420\u0430\u0437\u0434\u0435\u043b\u0435\u043d\u0438\u0435 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430! \u0425\u0430\u0440\u0434\u0444\u043e\u0440\u043a!\u0427\u0442\u043e \u0434\u0435\u043b\u0430\u0442\u044c \u0434\u0430\u043b\u044c\u0448\u0435?](https://youtu.be/nhXxz2rgwNI)|\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 \u0412\u0435\u043a\u0442\u043e\u0440|2017-10-08|0:03:13|2+ (100%)|3  &gt; \u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435 ,\u0447\u0442\u043e \u0431\u0443\u0434\u0435\u0442 \u0441 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u043c  1...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=do2lte4\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v2.0.0"}
{"_id": "226517", "title": "", "text": "\"USPS is being raped by two things. Competition is not one of them. 1: They are not allowed to set their own prices. 2: They were mandated to prepay pensions for many years by W.   They would have had a $3 Billion profit, if they did not have to prepay all their pensions, which, coincidentally, none of their \"\"competition\"\" has to do.\""}
{"_id": "226519", "title": "", "text": "I would take each of these items and any others and consider how you would count it as an expense in the other direction. If you have an account for parking expenses or general transportation funds, credit that account for a refund on your parking. If you have an account for expenses on technology purchases, you would credit that account if you sell a piece of equipment as you replace it with an upgrade. If you lost money (perhaps in a jacket) how would you account for the cash that is lost? Whatever account would would subtract from put a credit for cash found."}
{"_id": "226530", "title": "", "text": "If it is Texas company, you can try doing a taxable entity search on the Texas Comptroller website."}
{"_id": "226538", "title": "", "text": "\"It's too much work.  Same with insurance.  \"\"Shopping for insurance is a hassle\"\"  Why the fuck is this the normal, hopefully not but people I talk to, attitude?  If people can fuck with you and make a lot of money they will.  People just don't care and it's very strange.  Then again it doesn't affect me.  These scammers aren't getting a dollar out of me.\""}
{"_id": "226542", "title": "", "text": "I would imagine that a wire transfer would be the best way to transfer large amounts of money without the risk of carrying cash or dealing with plastic."}
{"_id": "226546", "title": "", "text": "\"Your broker likely didn't close your position out because it is a covered position. Why interfere with a trade that has no risk to it, from their perspective? There's no risk for the broker since your account holds the shares available for delivery (definition of covered), for if and when the options you wrote (sold) are exercised. And buyers of those options will eventually exercise the options (by expiration) if they remain in-the-money. There's only a chance that an option buyer exercises prematurely, and usually they don't because there's often time value left in the option. That the option buyer has an (ahem) \"\"option\"\" to exercise is a very key point.  You wrote: \"\"I fully expected my position to be automatically liquidated by whoever bought my call\"\". That's a false assumption about the way options actually work.  I suggest some study of the option exercise FAQs here: Perhaps if your position were uncovered \u2013 i.e. you wrote the call without owning the stock (don't try this at home, kids!) \u2013 and you also had insufficient margin to cover such a short position, then the broker might have justifiably liquidated your position. Whereas, in a covered call situation, there's really no reason for them to want to interfere \u2013 and I would consider that interference, as opposed to helpful.  The situation you've described is neither risky for them, nor out of the ordinary.  It is (and should be) completely up to you to decide how to close out the position. Anyway, your choices generally are:\""}
{"_id": "226547", "title": "", "text": "\"The biggest reason why one might want to leave 401k money invested in an ex-employer's plan is that the plan offers some superior investment opportunities that are not available elsewhere, e.g. some mutual funds that are not open to individual investors such as S&P index funds for institutional investors (these have expense ratios even smaller than the already low expense ratios of good S&P index funds) or \"\"hot\"\" funds that are (usually temporarily) closed to new investors, etc. The biggest reason to roll over 401k money from an ex-employer's plan to the 401k plan of a new employer is essentially the same: the new employer's plan offers superior investment opportunities that are not available elsewhere. Of course, the new employer's  401k plan must accept such roll overs. I do not believe that it is a requirement that a 401k plan must accept rollovers, but rather an option that a plan can be set up to allow  for or not.  Another reason to roll over 401k money from one plan to another  (rather than into an IRA) is to keep it safe from creditors. If you are  sued and found liable for damages in a court proceeding, the plaintiff can come after IRA assets but not after 401k money.  Also, you can take a loan from the 401k money (subject to various rules about how much can be borrowed, payment requirements etc) which you cannot from an IRA. That being said, the benefits of keeping 401k money as 401k money must be weighed against the usually higher administrative costs and usually poorer and more limited choices of investment opportunities  available in most 401k plans as Muro has said already.\""}
{"_id": "226549", "title": "", "text": "\"Similar, but actually quite different.  A negative income tax on the first $20,000/year has a couple of problems this scheme doesn't:  1) Administration costs and legal complexity.  Are we \"\"prebating\"\" or \"\"rebating\"\" the stipend?  How is someone supposed to get along if they lose their job unexpectedly in a rebate-based system, can they get their income-tax withholdings back up to $20,000/year?  How does the government register changes in income to know when to write someone a check?  2) With a negative tax up to a certain *fixed* level, there's effectively a changing level of subsidy depending how much of the per-capita income is the break-even tax level.  If the per-capita income is $45,000/year (our current GDP per capita), then the subsidy level is almost 50%, and if it goes up to $60,000/year (our current mean household income), the subsidy level is then 33%.  The system I described and steepk (IIRC) invented fixes the subsidy percentage in relation to the mean reported income (effectively fixing a *relative class level* as minimum) rather than a particular monetary amount (whose relative buying power versus inflation or other incomes can fluctuate wildly).  We pick a subsidy level, say 1/3 (33.33333%).  We then impose a flat income tax of that level plus a little bit more for administration costs (say, 35%).  At the end of the year, everyone is taxed at that flat level, and the government scrapes its administration costs off the top and now has a big pot with 1/3 of everyone's income in it.  This is divided into one portion for each taxpayer, and those portions into monthly or biweekly pieces.  These pieces are sent out regularly as checks to the taxpayer, and *these checks are not taxed as income*.  That last bit is what makes this so nice: it turns the tax progressive, in fact more progressive than our current system.  After taxes and *after stipend*, only the rich will pay an *effective* tax rate asymptotically close to the real 35%.  Most people without incomes many, many times the size of their stipends will be looking at an effective tax rate of less than 15%, including the tax-paying middle class and the professional upper-middle class who currently bitch so much about our tax rates being so confiscatory (which they *are*, for the abysmal level of social services we receive).  Now, to get back to the big benefits of fixing the subsidy percentage.  This means that the subsidy grows with mean income, effectively functioning as easy to run, fair, and direct wealth redistribution without the difficulty of trying to create efficient, productive WPA-style jobs or imposing market-distorting subsidies.  It also means that we can allow things like automation to improve the productivity of our economy because *everyone* gets a share: if automating a certain job is truly more efficient than having a worker do it, the capitalist's income-gain from automation will push up the mean income, and therefore the basic income, further than the worker's lesser income and the capitalist's lesser profit would have.\""}
{"_id": "226558", "title": "", "text": "Latest, worldwide is focus on secure energy underscores the need for re-evaluating all power alternatives, mainly the ones that are clean and renewable. because despite the fact that the worldwide economy is popping out of a current recession, oil prices are climbing and the call for alternative renewable assets is constantly developing. Indeed, the alternative energy marketplace is one of the few markets that have visible substantial increase at some stage in the recent recession of the ultimate two years. Brazil Renewable Energy resources are assets of strength that are continuously replenished. One thing is clear; the need for more efficient use of energy with the integration of renewable strength sources is present."}
{"_id": "226568", "title": "", "text": "\"It is unusual to need a consultant to open a bank account for you, and I would also be concerned that perhaps the consultant could take the money and do nothing, or continue to demand various sums of money for \"\"expenses\"\" like permits, licenses, identity check, etc.  until you give up.    Some of the more accepted ways to open a bank account are: A: Call up an established bank and follow their instructions to open a personal account . Make sure you are calling on a real bank, one that has been around a while. Hints: has permanent locations, in the local phone book, and has shares traded on a national stock exchange.  Call the bank directly, don't use a number given to you by a 3rd party consultant, as it may be a trick... Discuss on the phone and find out if you can open an account by mail or if you need to visit in person.  B: Create a company or branch office in the foreign country, assuming this is for business or investing.   and open an account by appointing someone (like a lawyer or accountant or similar professional) in the foreign country to represent the company to open an account in person.  If you are a US citizen, you will want to ask your CPA/accountant/tax lawyer about the TD F 90-22.1 Foreign Account Bank Report form, and the FATCA Foreign Account Tax Compliance Act. There can be very large fines for not making the required reports.   The requirements to open a bank account have become more strict in many countries, so don't be surprised if they will not open an account for a foreigner with no local address, if that is your situation.\""}
{"_id": "226581", "title": "", "text": "\"Hope you're being downvoted for the second sentence... because ya know that strange yet fashionable resignation and BTMFD, bull market just started, never going down, etc. learned behavior \"\"sentiment\"\". First sentence is fact based on what you hear in the news alone ;)\""}
{"_id": "226590", "title": "", "text": "Yes, you did. To give an example of the contract terms that allow this, the [Capital One credit card agreement](https://www.capitalone.com/media/doc/credit-cards/Credit-Card-Agreement-for-Consumer-Cards-in-Capital-One-N.A.pdf) states:  &gt; Credit Reports &gt;  &gt; We may report information about your Account to credit bureaus and others. Late payments, missed payments, or other defaults on your Account may be reflected in your credit report. Information we provide may appear on your and the Authorized Users\u2019 credit reports. &gt; &gt; If you believe that we have reported inaccurate information about your Account to a credit bureau or other consumer reporting agency, notify us in writing at PO Box 30281, Salt Lake City, UT 84130-0281. When you write, tell us the specific information that you believe is incorrect and why you believe it is incorrect. &gt; &gt; We may obtain and use credit, income and other information about you from credit bureaus and others as the law allows."}
{"_id": "226600", "title": "", "text": "If you're a Canadian resident then yes, it is taxable to you. The islands don't have income taxes on income earned there, but your country does. If you lose your Canadian residency and move to live in these islands, then the answer may change."}
{"_id": "226603", "title": "", "text": "I am curious what will happen when the Baby Boomers, with all their choice vacation homes that they got or inherited when houses were significantly less expensive, all begin to die off and move to assisted living.  There is an bubble there I don't see discussed."}
{"_id": "226610", "title": "", "text": "What makes you think that new jobs will be created as fast as old ones are made obsolete?   Also, doesn't it seem like we've reached some kind of inflection point in automation in the last decade, and now automation is replacing 'menial' jobs faster and faster and even replacing some experts now?"}
{"_id": "226617", "title": "", "text": "&gt; He has a special class of shares that grants him 37 percent voting power even though his equity stake is much lower, and public shareholders will have less than 2 percent of votes.  Fuck off with your phoney stock."}
{"_id": "226625", "title": "", "text": "I expect it goes back long before Eisenhower.  I expect it goes back long before Washington.  I expect it goes back long before Julius Caesar.   That shouldn't mean I can express my disgust at it.  I'm weary of politics, and a company that wants my money doesn't need to pander to any ideology they think I hold.  More specific to this particular story, I don't particularly care how my employees vote.  I pay them for the value they bring to our company; what they do with THEIR money is up to them."}
{"_id": "226628", "title": "", "text": "Hey Sheehan, I believe Schwab provides this info.  None of the online free portfolio managers I know of gives you this info.  The now defunct MS Money used to have this. The best thing to do is to use a spreadsheet.  Or you could use the one I use.  http://www.moneycone.com/did-you-beat-the-market-mr-investor/ . (disclaimer: that's my blog)"}
{"_id": "226646", "title": "", "text": "Most startup community would say don't even bother to secure it unless yours is never done before. If you really done a lot of research and no one has done it before. Maybe you're one of the lucky few in the world with some new idea. Some investors get turned off when you make them sign NDA, especially if you're a first time entrepreneur. But chances are you're probably not.   Instead focus on validating the idea and get market traction."}
{"_id": "226668", "title": "", "text": "Split screen to run multiple apps but not all apps work. By far the best feature is the phone won't turn off the screen when your reading long articles or reddit. The hover feature is also sweet. If you want to see more then the first line of an email or text you can hold your finger close to the screen and it will show you a few more sentences. This also works for websites that have mouse over features. That's just a few!"}
{"_id": "226687", "title": "", "text": "Linkedin blows. With how tough the job market is all it really is is another barrier to entry that puts your butthole on display 24/7 that HR people can crawl through to predetermine your employment. I'm sure it has benefits but it's ultimately just a facebook clone."}
{"_id": "226691", "title": "", "text": "They didn't double profits by simplifying the menu.  They completely slashed all their expenses (forcing corporate employees to work double while training their replacements for half the price, etc)  3G is known for this.  Hence the 33 year old CEO, they take everyone senior work them until they quit and replace them with kids who make almost nothing."}
{"_id": "226704", "title": "", "text": "You can either write it off or pursue it. If you write it off I wouldn't do business with the client again, until they bring their balance owed to you back to zero.  If you pursue it, try to reach out to the client and find out why they are not paying what they owe you and try to work out a deal with them if they seem negotiable. If they aren't negotiable then you could take the issue to court, but you'll only be proving a point by then."}
{"_id": "226713", "title": "", "text": "[You seem to be a little out of the loop](https://theculturetrip.com/europe/germany/articles/the-10-german-fashion-designers-you-should-know/). Germany has never seized to be a big fashion player, they harbored people like Hugo Boss, Karl Lagerfeld, Wolfgan Joop, Jill Sander, Escada, etc.   When the French fashion company Chanel has a German head designer and creative director I fail to see how Germany would not be a big player."}
{"_id": "226714", "title": "", "text": "John Marshall Roberts is a bestselling author, a social scientist, and the CEO of Worldview Learning. He has crafted his career around converting corporations and communicating with cynics. In his opinion, empathy is the single-most important skill in business today.  Through strategic communications and values-based messaging, Roberts has made it his mission to help leaders develop the empathy skills required to inspire common vision.  For the last several years, he has used his knowledge of systems theory and developmental psychology to enable socially conscious marketers, business leaders, and activists to win over objectors and inspire radical collaboration.  More and more, savvy business leaders are following his example..."}
{"_id": "226721", "title": "", "text": "IANAL.  In the UK, you (as a Director) would have obligations to minimise any tax liabilities under these two clauses:  http://www.legislation.gov.uk/ukpga/2006/46/section/172  http://www.legislation.gov.uk/ukpga/2006/46/section/174  Although I can't see the CPS bringing any cases of criminal charge against over-payment of taxes. It wouldn't be unrealistic to have a scenario where shareholders of a failed enterprise sued a Director who was negligent in minimising tax liabilities.  That said, I think the Starbucks strategy is flagrantly breaching the intent of the law, if not the letter."}
{"_id": "226727", "title": "", "text": "Introduce him to the concept of Inflation Risk, and demonstrate that being too conservative with your investments might be a very risky strategy as well."}
{"_id": "226748", "title": "", "text": "Corporations are removed from the options markets.  They can neither permit nor forbid others from trading them, local laws notwithstanding. No national options market is as prolific as the US's.  In fact, most countries don't even have options trading.  Some won't even allow options but rather option-like derivatives. Finance in Canada is much more tightly regulated than the US.  This primer on Canadian option eligibility shows how much. While US eligibility is also stringent, the quotas are far less restrictive, so a highly liquid small company can also be included where it would be excluded in Canada for failing the top 25% rule."}
{"_id": "226749", "title": "", "text": "Robert Shiller published US Stock Market data from 1871.  Ken French also has historical data on his website.  Damodaran has a bunch of historical data, here is some historical S&P data."}
{"_id": "226751", "title": "", "text": "Take your business elsewhere, where the products and services are priced at a level you agree to pay.  This does two things.  First, you end a bad business relationship.  Why bad?  Because you're not happy with the deal.  Second, it sends an unambiguous signal to the losing bank that you were unhappy with their service.  If they offer an exit survey, complete it, and be sure to tell them what made you unhappy with their service. In a free market economy, if consumers all take their business where the terms are favorable, supply and demand would force the banks to compete for consumers' business."}
{"_id": "226765", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.japantimes.co.jp/opinion/2017/10/30/commentary/world-commentary/china-versus-washington-consensus/) reduced by 92%. (I'm a bot) ***** &gt; Through the &amp;quot;Made in China 2025&amp;quot; program, China&amp;#039;s leaders are seeking to use state-defined objectives to drive Chinese industry toward higher technology and value-added.  &gt; The tools available to China to manage such a slowdown within a &amp;quot;Hybrid socialist market economy,&amp;quot; and thus to maintain strong medium-term growth, should not be underestimated.  &gt; If China had more comprehensively embraced the policy prescriptions implied by the Washington Consensus over the last ten or 20 years, its economic growth would have been considerably slower.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/79u9zi/china_versus_the_washington_consensus/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~238111 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **China**^#1 **growth**^#2 **economic**^#3 **market**^#4 **economy**^#5\""}
{"_id": "226784", "title": "", "text": "Sometimes when I'm reading articles like this, I have to assume the writer must be 14 years old and have zero memory other than the recent past.  In the late 1990s, early 2000s windows had complete fan boys. Its only very recently that this has shifted."}
{"_id": "226826", "title": "", "text": "\"&gt;Dick's warned analysts and investors about an \"\"irrational\"\" pricing environment in the sporting goods space.     False, it's perfectly rational. When given a choice between a retail store like Dick's, which cannot dynamically change their costs or their prices very quickly, and Amazon, which can, people are choosing Amazon since that's the better option for consumers. The pricing environment is rational too, they just can't compete.\""}
{"_id": "226831", "title": "", "text": "The answer for this question varies from person to person. However most cards give lousy rewards percentage-wise. Take a look at where your money is being spent each month (say with a tool like mint.com), and seek out a card that rewards you in categories where you already spend a lot of money.  Many people here have suggested cards with high gas rebates, and that's great if you drive more than anything else. However, the important thing is to pick what benefits you most."}
{"_id": "226839", "title": "", "text": "Are you implying that Amazon is a better investment than GE because Amazon's P/E is 175 while GE's is only 27?  Or that GE is a better investment than Apple because Apple's P/E is just 13.  There are a lot of other ratios to consider than P/E.  I personally view high P/E numbers as a red flag.  One way to think of a P/E ratio is the number of years it's expected for the company to earn its market cap.  (Share price divided by annual earnings per share)  It will take Amazon 175 years to earn $353 billion. If I was going to buy a dry cleaners, I would not pay the owner 175 years of earnings to take control of it, I'd never see my investment back. To your point.  There is so much future growth seemingly built in to today's stock market that even when a company posts higher than expected earnings, the company's stock may take a hit because maybe future prospects are a little less bright than everyone thought yesterday. The point of fundamental analysis is that you want to look at a company's management style and financial strategies.  How is it paying its debt?  How is it accumulating the debt?  How is it's return on assets?  How is the return on assets trending?  This way when you look at a few companies in the same market segment you may have a better shot at picking the winner over time.  The company that piles on new debt for every new project is likely to continue that path in to oblivion, regardless of the P/E ratio. (or some other equally less forward thinking management practice that you uncover in your fundamental analysis efforts). And I'll add... No amount of historical good decision making from a company's management can prepare for a total market downturn, or lack of investor confidence in general.  The market is the market; sometimes it's up irrationally, sometimes it's down irrationally."}
{"_id": "226850", "title": "", "text": "&gt; I'm saying that instead of some of these companies spending 70% of their earnings on stock buybacks they should reinvest that money into their employees and **pay out larger dividends to shareholders**.  Wait...what? What do you think the difference between dividends and buybacks is? Buybacks and dividends are just different ways of distributing cash to shareholders. The main difference is that with a buyback, shareholders can choose whether to cash out or hold."}
{"_id": "226858", "title": "", "text": "Why dont we ask bithumb, coinbase, mtgox, moolah, cryptsy.  The blockchain doesnt make you more secure externally if your security is still shit. And its entirely different uses.  An internal chain would be used to secure internal documents so they could not be altered, it offers no added security to stop read access over, say a properly secured internal database. The only advantage is that obce something is added, it cannot be removed."}
{"_id": "226864", "title": "", "text": "I fail to see how that changes the point. And no I'm not suggesting that an economics education is (completely) worthless but it's meant to be used as a framework for good public policy. Increasingly it has not served that goal very well but has done an excellent job of increasing wealth disparity."}
{"_id": "226867", "title": "", "text": "Italy has some real problems including a debt it can't pay without higher taxes or new sources of revenue.  Looks like they are going to force the pension funds to buy their debt.  I bet more governments follow their example and grab their people's assets.    I remember when the democrats controlled the congress they held committee hearings on replacing 401k savings with a federal pension program.  If they had done it, then it would have been worth $3.5 trillion in new money to the politicians. The people would have gotten another ponzi scheme like social security."}
{"_id": "226897", "title": "", "text": "There's a good chance the location will be a Canadian city where wages are lower, education is excellent and international visas are not an issue.  Toronto or Montreal would be high on the list.  Vancouver, already home to many Amazonites, is likely to close to the mothership to qualify."}
{"_id": "226917", "title": "", "text": "https://www.afge.org/about-us/  &gt; As a labor union, AFGE is in a unique position because it is not currently afforded the same full scope collective bargaining rights as workers in the private sector. For this reason in addition to negotiating working conditions at the bargaining table, AFGE coordinates a full-scale legislative and political action program to monitor issues that impact the government work force. When Congress debates funding of vital government programs administered to the public by government workers or tackles employee health care issues, AFGE is on the scene representing its members."}
{"_id": "226942", "title": "", "text": "So, the past few years have not been kind to high profile female CEO's. I have a feeling whatever happens with Yahoo and Marissa Mayer is going to be interesting to watch.  Anyone know of any female Tech CEO's that are doing awesome right now?"}
{"_id": "226944", "title": "", "text": "That looks like a portfolio designed to protect against inflation, given the big international presence, the REIT presence and TIPS bonds. Not a bad strategy, but there are a few things that I'd want to look at closely before pulling the trigger."}
{"_id": "226949", "title": "", "text": "So do I. I am wondering if there's a pretty huge paycut by getting your benefits early. In any case, the company might reallllly want to do this, so they can hire new blood and pivot more quickly to react to some of their global competition."}
{"_id": "226953", "title": "", "text": "Found the girl who's never flown from the east coast to the west coast, gone right to a convention center to set up for a tradeshow, then gone to a hotel for a 5 minute shower before meeting clients for dinner and up at 6am for the show.  I've done it coach and I've done it business class, and I gotta say, business class, having just that extra bit of legroom to not get cramped.. it was easier to sleep and it translated to more energy and ability to get things done."}
{"_id": "226962", "title": "", "text": "While it is true that if the Federal reserve bank makes a change in their rate there is not an immediate change in the other rates that impact consumers; there is some linkage between the federal rate, and the costs of banks and other lenders regarding borrowing money. Of course the cost of borrowing money does impact the costs for businesses looking to expand, which does impact their ability to hire more workers and expand capacity. A change in business expansion does impact employment and unemployment... Then changes in employment can cause a change in raises, which can cause changes in prices which is inflation... Plus the lenders that lend to business see the flow of new loans change as the employment outlook change.  If the costs of doing business for the bank changes or the flow of loans change, they do adjust the rates they pay depositors and the rates they charge borrowers... How long it will take to change the cost of an auto loan? No way to tell.  Keep in mind that in complex systems, change can be delayed, and won't move in lock step. For example the price of gas\\s doesn't always move the same way a price of a barrel of oil does."}
{"_id": "226967", "title": "", "text": "It is not necessary that the mutual fund pays out the dividend. The money would be used to buy more shares of the same stock or of some other stock depending on overall policy goal of the fund and current allocation of funds. This would increase the NAV of the mutual fund and hence its indirectly comes to you once you sell the mutual fund.  The dividend would not be taxable as its not directly paid out."}
{"_id": "226970", "title": "", "text": "IMHO these people need to understand finance.  I think Dave Ramsey is the best for this kind of situation.  They need their butts kicked.  What kind of parent spends money on playing cards when they have a child and not a place of their own?  Answer:  Parents that needs to grow up.   Most of all they probably have an income problem.  I would assume that the husband stays at home because he does not earn enough to justify quality child care.  Okay how about he cares for a few other kids and turns watching one kid into an income stream?  Duh? Giving them money will only hurt them in the long run.  They are holding onto childhood, avoiding becoming adults.  No amount of money you can give them will dig them out of their rut, in fact it may only prolong it.   MTG is an intellectual game.  If he spent half as much brain power on earning a living, the could probably be well off, and earn enough to have a tidy budget for gaming.   Sorry Yamikuronue, but I disagree with your first comment."}
{"_id": "226971", "title": "", "text": "Yeah his card doesn't explain much, but I'm guessing he'll explain everything at the interview. Im more so interested in if there was anything that could be known universally amongst financial jobs that would be beneficial to know. I'm extremely organized and my interpersonal skills I think are what got me the opportunity in the first place, but I'm jw if there are any key financial terms/ processes that would help me go above and beyond."}
{"_id": "226974", "title": "", "text": "I'm genuinely curious how you think a government policy that perpetuates a massive underclass of minorities permanently shut out of the labor force isn't racist.  Isn't that the definition of racism?  Minimum wage laws, in effect, surgically target minorities for job losses and keeps them in perpetual poverty.  These laws are heinous acts of economic violence.  On top of that, the left not only supports them but cheers their expansion.  It's absolutely incredible how hypocritical it is."}
{"_id": "226976", "title": "", "text": "\"The \"\"must be postmarked\"\" language might be just from the old bank itself, not from the IRS.  The language I see in Publication 969 only says \"\"You can make contributions to your HSA for 2014 until April 15, 2015.\"\" In this case, it is understandable that the credit union you have the new account with does not want to accept the contribution for tax year 2014.  You didn't have an account with them in 2014.  You didn't even send out the paperwork to them to open the account until last week, and they didn't open your account until this week, after the deadline. It is unfortunate, but I don't think you'll be able to force them to do anything differently here.  It is just too late. I do know how that feels.  I had a somewhat similar circumstance with my HSA, the first year I had the account.  I contributed money to the HSA using my credit union's website, transferring money from my checking account into my HSA, as I was told to do.  In January and February of the following year, I made more contributions this way, thinking that I was making them for the previous tax year.  However, they never got coded correctly by the credit union, and I later found out that the credit union counted those as contributions for the current year.  As a result, I was essentially denied the full contribution limit for that year, and had a bit of a paperwork nightmare.  Now, if I have to make a prior year contribution, I only make it in person, and they have a form they have me fill out each time I do.\""}
{"_id": "226980", "title": "", "text": "\"It is not a \"\"riskless\"\" transaction, as you put it. Whenever you own shares in a company that is acquiring or being acquired, you should read the details behind the deal. Don't make assumptions just based on what the press has written or what the talking heads are saying. There are always conditions on a deal, and there's always the possibility (however remote) that something could happen to torpedo it. I found the details of the tender offer you're referring to. Quote: Terms of the Transaction [...] The transaction is subject to certain closing conditions, including   the valid tender of sufficient shares, which, when added to shares   owned by Men\u2019s Wearhouse and its affiliates, constitute a majority of   the total number of common shares outstanding on a fully-diluted   basis. Any shares not tendered in the offer will be acquired in a   second step merger at the same cash price as in the tender offer. [...] Financing and Approvals [...] The transaction, which is expected to close by the third quarter of   2014, is subject to satisfaction of customary closing conditions,   including expiration or termination of the applicable waiting period   under the Hart-Scott-Rodino Antitrust Act.  Both Men\u2019s Wearhouse and   Jos. A. Bank are working cooperatively with the Federal Trade   Commission to obtain approval of the transaction as soon as possible. [...] Essentially, there remains a small chance that one of these \"\"subject to...\"\" conditions fails and the merger is off. The chance of failure is likely perceived as small because the market price is trading close to the deal price. When the deal vs. market price gap is wider, the market would be less sure about the deal taking place. Note that when you tender your shares, you have not directly sold them when they are taken out of your account. Rather, your shares are being set aside, deposited elsewhere so you can no longer trade them, and later, should the conditions be satisfied, then you will be paid for your shares the deal price. But, should the deal fall apart, you are likely to get your shares deposited back into your account, and by that time their market value may have dropped because the price had been supported by the high likelihood of the transaction being completed. I speculated once on what I thought was a \"\"sure deal\"\": a large and popular Canadian company that was going to be taken private in a leveraged buyout by some large institutional investors with the support of major banks. Then the Global Financial Crisis happened and the banks were let off the hook by a solvency opinion. Read the details here, and here. What looked like a sure thing wasn't. The shares fell considerably when the deal fell apart, and took about four years to get back to the deal price.\""}
{"_id": "226984", "title": "", "text": "\"The settlement date for any trade is the date on which the seller gets the buyer's money and the buyer gets the seller's product.  In US equities markets the settlement date is (almost universally) three trading days after the trade date.  This settlement period gives the exchanges, the clearing houses, and the brokers time to figure out how many shares and how many dollars need to actually be moved around in order to give everyone what they're owed (and then to actually do all that moving around). So, \"\"settling\"\" a short trade is the same thing as settling any other trade.  It has nothing to do with \"\"closing\"\" (or covering) the seller's short position. Q: Is this referring to when a short is initiated, or closed? A: Initiated.  If you initiate a short position by selling borrowed shares on day 1, then settlement occurs on day 4.  (Regardless of whether your short position is still open or has been closed.) Q: All open shorts which are still open by the settlement date have to be reported by the due date. A: Not exactly.  The requirement is that all short positions evaluated based on their settlement dates (rather than their trade dates) still open on the deadline have to be reported by the due date. You sell short 100 AAPL on day 1.  You then cover that short by buying 100 AAPL on day 2. As far as the clearing houses and brokers are concerned, however, you don't even get into the short position until your sell settles at the end of day 4, and you finally get out of your short position (in their eyes) when your buy settles at the end of day 5. So imagine the following scenarios: The NASDAQ deadline happens to be the end of day 2.  Since your (FINRA member) broker has been told to report based on settlement date, it would report no open position for you in AAPL even though you executed a trade to sell on day 1. The NASDAQ deadline happens to be the end of day 3.  Your sell still has not settled, so there's still no open position to report for you. The NASDAQ deadline happens to be the end of day 4.  Your sell has settled but your buy has not, so the broker reports a 100 share open short position for you. The NASDAQ deadline happens to be the end of day 5.  Your sell and buy have both settled, so the broker once again has no open position to report for you. So, the point is that when dealing with settlement dates you just pretend the world is 3 days behind where it actually is.\""}
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{"_id": "227013", "title": "", "text": "which is why I said EVs aren't as clean as they're made out to be. however, you can use land that has solar panels on it and it doesn't become radioactive, thus you don't have to build big cooling storage facilities to store them, where they have no use.   edit: to my knowledge you can recycle solar panels. can't recycle used fuel rods."}
{"_id": "227019", "title": "", "text": "This is fine, but I'd probably spend a moment introducing WACC and it's estimation. It's also useful to link up the enterprise value to share price, so just also mentioning the debt subtraction to get equity value and division by shares for price.  Keep in mind you're usually given like a minute to answer this, so you can afford to be a bit more detailed in some parts."}
{"_id": "227023", "title": "", "text": "The markets are a construction intended to serve people.  These programs do not allow participation from either the general public or enlightened members of r/Economics, nor is there any scenario by which they distribute capital so as to enhance the functioning of the real economy which is about provision of goods and services to people."}
{"_id": "227027", "title": "", "text": "I hope so. I remember when chain Mexican restaurants started serving gigantic embarrassingly huge portions back in the 80s - couldn't believe it and no one could ever eat all that food. Even then I thought it was wasteful, extravagant and stupid. Who knew that it would also leads to dramatic increases of diabetes and death?"}
{"_id": "227046", "title": "", "text": "\"The dividend reinvestment won't change whether the dividends themselves are qualified or not for US income tax purposes.  It's still the holding period on the stock that matters.  If you bought stock in different lots, then you could have a situation where some of the dividends paid are qualified and some are not, but: For completeness, it's worth noting that some dividends cannot be \"\"qualified\"\" no matter how long you hold them, but if you've got an investment in a common corporate stock (vs. something more \"\"exotic\"\"), then what's above should apply.\""}
{"_id": "227052", "title": "", "text": "I disagree.  It's clear that the only issue, is that almost all governments run programs in an inept and incompetent way, or, those programs are not financially sustainable.  Let's take the simple case of Social Security for retirement: not only that you can't live off the benefits paid, the program will go bankrupt because more people take out of it than pay into it.  No AI or automated Economy can help you here.  The only solution: most people, who are very responsible people, should save on their own for their retirement. This is done by certain portion of their income in life that must go into a personally controlled retirement accounts.  The rest of people:  - The true disabled who can't work and earn: they will be provided for off taxes.  - The irresponsible unemployable, will get a miserable bare minimum stipend off taxes paid by others.  And all this will force the government to make sure everyone is employed and paid well.  Take the government out of the retirement business."}
{"_id": "227064", "title": "", "text": "You don't. When you sell them - your cost basis would be the price of the stock at which you sold the stocks to cover the taxes, and the difference is your regular capital gain."}
{"_id": "227072", "title": "", "text": "For any company to move their HQ just to avoid taxes is not only unpatriotic but a slap in the face of all Americans.  We are the worlds largest consumer market and we have done our share of bailouts to not only the banks, autos and airlines.  And now we have companies running away with their billions in profits and millionaire CEOs."}
{"_id": "227075", "title": "", "text": "\"The diner on my old block was god awful. Ate there once and the food was terrible. Burger was frozen. Fries were \"\"air fried\"\". And it was about twice what Shake Shack charges. I eventually learned that they mostly keep the place open to use as a filming location.\""}
{"_id": "227079", "title": "", "text": "\"You can make estimated tax payments on Form 1040-ES.  Most people who make such payments need to do it quarterly because the typical reasons for making estimated payments is something like self-employment income that a person will get throughout the year.  If you have a one-time event like a single, large sale of stock, however, there's nothing wrong with doing it just one quarter out of the year. When it comes time to file your taxes, part of the calculate is whether you were timely quarter-by-quarter not just for the entire year, so if you do have a big \"\"one-time\"\" event mid-year, don't wait until the end of the year to file an estimated payment.  Of course, if the event is at the end of the year, then you can make it a 4th quarter estimated payment.\""}
{"_id": "227098", "title": "", "text": "Thanks for the advice. Don't worry about the mobile part, I know everyone does pretty much everything on their phone so I've been trying to make it as mobile friendly as possible. Also, what is your business, and what were the names you came up with."}
{"_id": "227132", "title": "", "text": "If the $300 due on a credit card is due at the end of the month and you make 2 payments of $150 during the month, the first half way through the month and the second at the end of the month, then yes you will save on interest. Note, if this is a Credit Card with an interest free period and you are paying the total amount due before the due date, then it will not save you anything by paying part of it earlier. Interest on Credit Card is calculated daily, so if you pay $150 half way through the month then you will pay 2.5% x $150 / 365 days x 15 days = $0.15 less in interest than if you paid the full $300 at the end of the month. The higher the interest rate and the more you pay early the higher the savings will be."}
{"_id": "227134", "title": "", "text": "Credit agency sovereign ratings take into account the amount of external support the government is likely to get during a time of stress.  The whole EU just came to Spain's rescue, but who would come to India's rescue so as to be sufficient to prevent default?  See, the fact that Spain was able to get a bailout is most of the reason Spain's credit rating is higher than India's."}
{"_id": "227135", "title": "", "text": "Saudiaramcoshill, I judge the risks of fossil fuels stocks by the fact that the entire global scientific community and every government on Earth have agreed that these threats to humanity must be outlawed within decades, meaning that we can burn only a fraction of the coal, oil and gas that these companies book as assets."}
{"_id": "227141", "title": "", "text": "While I am sure there are some jobs at Walmart that don't require skills or an advanced degree, there aren't many that require a complete lack of intelligence and initiative. Maybe door greeters.   Certainly, there aren't any jobs in the supply chain that would allow for complete lack of intelligence, etc. We are talking about people who operate large, expensive, dangerous power equipment in the warehouses, while also using computer and math skills to compute the amounts received in / packed to ship out, and entering all that into the system, etc. These are not no-brain jobs. At least not if you want to do them correctly and safely. Warehouse jobs aren't minimum wage positions because of the general level of intelligence required to do them well and safely."}
{"_id": "227144", "title": "", "text": "\"I don't even know where to begin, you're truly all over the place. The number of upvotes on your post has absolutely zero relevance to the fact that you believe Trump has caused this minuscule reduction in the deficit. You literally said it yourself. You posted an article and stated \"\"let's discuss\"\" and then when it was discussed, your argument was completely refuted in a heartbeat. Why didn't you respond to /xmantipper 's post? He laid out a rational argument to refute your opinion, however you unfortunately didn't have the facts or understanding on the subject to back your opinion. So instead, you stayed away from that comment/argument because it didn't reflect your biased way of thinking. This is the basis of which the shrinking pro-Trump base now stand. They project their opinions, then cherry-pick the feedback that helps them feel good about their opinions while refusing to respond to any arguments that have factual information &amp; merit.  I'm going to give you some advise. /Economy isn't a good place for you to learn about the basics of economics. And I know you do not know the bare basics, because anyone with any clue about how modern economics works knows that a President cannot enact true economic growth or can significantly reduce a national budget deficit in 8 months while not introducing &amp; passing one piece of meaningful legislature or enacting any piece of their economic agenda. (Which both sides of the aisle are fully aware &amp; accept that Trump hasn't been able to accomplish yet)  Now this is going to put you in a tough spot. The S&amp;P under Obama was up 30% after his first 8 months in office. By your rational, Obama grew the overall wealth of the top 500 companies in the U.S. by 30% before he was able to enact any legislature. But no, Obama couldn't have done that, because he only introduced destructive economic legislature from the get-go. Therefore, the President must have no control over economic success or failure within their first year of the Presidency, before they can make use of their economic agenda. However, that would go against your entire argument you set forward in this post. Puts you in a bit of a pretzel.   Sorry for the long response. It's just tough seeing someone make repeated, simple, basic, economic mistakes in the /economics subreddit. Feel free to PM me if you're looking for some good books to get you started!\""}
{"_id": "227162", "title": "", "text": "\"Grocery food is not subject to sales tax in Maryland, but some food is taxed depending on category or preparation. So you must have had a combination of grocery and taxable foods. One of the cheaper items you purchased was subject to a whopping penny of sales tax. http://taxes.marylandtaxes.com/Individual_Taxes/Taxpayer_Assistance/Individual_Tax_FAQs/Use_Tax_FAQs/q4.shtml In general, food sales are subject to Maryland's 6 percent sales and   use tax unless a person operating a substantial grocery or market   business sells the food for consumption off the premises and the food   is not a taxable prepared food. A grocery or market business is   considered to be \"\"substantial\"\" if the sales of grocery or market food   items total at least 10 percent of all food sales.\""}
{"_id": "227163", "title": "", "text": "I understand why the villagers would use the apple notes, but your story doesn't really explain why the villagers would use the new notes.  In other words, why do the villagers think the new notes have any value at all?  Once the story covers that issue, I think it will be reasonably complete.  ^[edit: ^small ^typo]"}
{"_id": "227173", "title": "", "text": "I hate when the volume during a show is reasonable and the volume in the commercials hurts my ears. But, this has been tried before and it will not work.  We need television receivers with a smart volume feature that normalizes the volume continuously."}
{"_id": "227182", "title": "", "text": "There are 6 incredible income streams available thru ZeekRewards!  Backed by a 14 year-old rock-solid company, with an eye for the latest trends in both shopping and home-based business \u2013 ZeekRewards has created a program that appeals to every level of entrepreneur."}
{"_id": "227192", "title": "", "text": "\"A huge amount of money in all financial markets is from institutional investors, such as mutual funds, government pension plans, sovereign wealth funds, etc.  For various reasons these funds do all of their trading at the end of the day.  They care primarily that their end-of-day balances are in line with their targets and are easy to audit and far less about \"\"timing the market\"\" for the best possible trades. So, if you're looking at a stock that is owned by many institutional investors -- such as a stock (like AAPL) that makes up a significant portion of an index that many funds track -- there will be a huge amount of activity at this time relative to stocks that are less popular among institutions. Even just in its introduction this paper (PDF) gives a fair overview of other reasons why there's a lot of trading at end-of-day in general. (In fact, because of all this closing activity and the reliance on end-of-day prices as signposts for financial calculations, the end-of-day has for decades been the single most fraud-ridden time of the trading day.  Electronic trading has done away with a lot of the straight-up thievery that floor traders and brokers used to get away with at the expense of the public, but it still exists.  See, for example, any explanation of the term banging the close, or the penalties against 6 banks just last month for manipulating the FX market at the close.)\""}
{"_id": "227197", "title": "", "text": "You can file a revised W-4 with your employer claiming more allowances than you do now. More allowances means less Federal tax and (if applicable and likely with a separate form) less state tax. This doesn't affect social security and Medicare with holding, though.  That being said, US taxes are on a pay-as-you-go system. If the IRS determines that you're claiming more allowances than you're eligible for and not paying the proper taxes throughout the year, they will hit you with an underpayment penalty fee, which would likely negate the benefits of keeping that money in the first place. This is why independent contractors and self-employed people pay quarterly or estimated taxes. Depending on the employer, they may require proof of the allowances for adjustment before they accept the revised W-4."}
{"_id": "227232", "title": "", "text": "Gold is traded on the London stock exchange (LSE) and the New York stock exchange (NYSE) under various separate asset tickers, mainly denominated in sterling and US dollars respectively.  These stocks will reflect FX changes very quickly.  If you sold LSE gold and foreign exchanged your sterling to dollars to buy NYSE gold you would almost certainly lose on the spreads upon selling, FX'ing and re-buying. In short, the same asset doesn't exist in multiple currencies.  It may have the same International Securities Identification Number (ISIN), but it can trade with different Stock Exchange Daily Official List (SEDOL) identifiers, reflecting different currencies and/or exchanges, each carrying a different price at any one time."}
{"_id": "227241", "title": "", "text": "\"Government is not your nanny.  Here are the powers of the Federal Government as granted in the Constitution.  -To borrow money on the credit of the United States;  -To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;  -To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;  -To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;  -To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;  -To establish Post Offices and Post Roads;  -To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;  -To constitute Tribunals inferior to the supreme Court;  -To define and punish Piracies and Felonies committed on the high Seas, and Offenses against the Law of Nations;  -To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;  -To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;  -To provide and maintain a Navy;  Guess what it does not say? **To give free shit to people who never work.**  The US has spent **50 years and 22 Trillion** on the \"\"War on Poverty\"\" it has not budged the poverty rate. http://www.heritage.org/poverty-and-inequality/report/the-war-poverty-after-50-years  Giving people free shit does not work.   Like a rich kid that sits round the house smoking weed all day and playing video games. Cut em off and watch how productive they get. Hunger is a great motivator.\""}
{"_id": "227245", "title": "", "text": "We have machines in several grocery store chains that will take your coins, sort them, and give you two ways to get your money back: I've seen these many places, but, of course, I cannot say for sure if there are any near you."}
{"_id": "227248", "title": "", "text": "Man who are these retarded inventors and how can I get them to fund my site that makes no money? Seriously how many millions has Reddit raised over the years, I thought the point of investing was to make a return, but apparently reddit is so successful they can't make money themselves and need investors every other month. And they're for sure going to make their money back?"}
{"_id": "227254", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/brasilonreddit] [\\[r\\/economy\\] No One Has Ever Made a Corruption Machine Like This One \u2014 Brazilian construction giant Odebrecht SA](https://np.reddit.com/r/BrasilOnReddit/comments/6gayar/reconomy_no_one_has_ever_made_a_corruption/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "227264", "title": "", "text": "Yes, the US dollar is the standard for all global trade - IMF driven  And China has been going for that title for the past decade and this is a very smart and tactical way to do it  If this goes through, gold &amp; oil might become really good place to be. The US has been in a supply run and kept the price of oil low.  Things are changing quick..."}
{"_id": "227267", "title": "", "text": "In fairness decline of velocity of wealth might not be entirely explained by wealth disparity but environmental decline. (Or the low hanging fruit theory if you will.) This is is the socialist belief. If true economists have a lot to answer for.  Beyond that the implementation of truly progressive tax rates could significantly help as the writer alludes to. The top is not anywhere near adequately sampled with such a low number of sample sizes which the IRS calls tax brackets."}
{"_id": "227284", "title": "", "text": "Are you really talking about share price, or share value? Because what about stock splits? Market Cap stays the same, but the price per share is lowered. This is so that the stock is more liquid and accessible to a greater number of investors. This encourages people to invest in the stock though. I can't really think of any reasons why a company would want to lower their share value or discourage people from investing unless they are trying to reacquire shares. Returning value to the shareholders is the #1 priority of any publicly traded company."}
{"_id": "227300", "title": "", "text": "Typically, the higher interest rates in local currency cover about the potential gain from the currency exchange rate change - if not, people would make money out of it. However, you only know this after the fact, so either way you are taking a risk. Depending on where the local economy goes, it is more secure to go with US$, or more risky. Your guess is as good as anyone. If you see a chance for a serious meltdown of the local economy, with 100+% inflation ratios and possibly new money, you are probably better off with US$. On the other hand, if the economy develops better than expected, you might have lost some percentage of gain. Generally, investing in a more stable currency gets you slightly less, but for less risk."}
{"_id": "227304", "title": "", "text": "Quoted from money.howstuffworks.com: NASDAQ has come up with an auction approach called the opening cross. Here's how it works. In the morning, a computer program looks at all the orders that have come in overnight in each different stock. Based on those orders, the program picks a price level that would be the best opening price. However, it also looks to see if there's a trade imbalance. For example, if a company announced bad news after the market closed, there might be 10 times more sell orders than buy orders. NASDAQ then broadcasts the price and imbalance information to its network of dealers with the goal of offsetting the imbalance. It then lets dealers place orders. This all happens very quickly, in a time window of two minutes or so, right before the market opens. Dealers can place orders, and those orders are factored into the opening price. Further reading here: Opening Price calculation"}
{"_id": "227318", "title": "", "text": "\"Uh OK. How about the breakdown of Standard Oil company, the Bretten Woods System, the Interstate Highway System? Which one of them is \"\"free-capitalism\"\"?  I am not trying to be facetious. US has a mixed economy just like U.K., France, or China. It's just a different mix to suit different scenarios. Clamoring for absolute dogmas will only hurt your interest.\""}
{"_id": "227324", "title": "", "text": "They can rebalance and often times at a random manager's discretion. ETF's are just funds, and funds all have their own conditions, read the prospectus, thats the only source of truth."}
{"_id": "227334", "title": "", "text": "If your landlord is OK with you subletting your apartment - then that's all that the landlord has to do with that. It doesn't really matter if the landlord is a private person or a publicly trade corporation/fund. No relevance at all. As to your own reporting - you're receiving rent. That is income to you. You can deduct the portion of your expenses (including rent) attributable to the area you rent out. All this goes to your Schedule E. Any positive remainder becomes your taxable income. Any deduction must be substantiated (i.e.: you'll have to keep all the receipts for all the expenses you used for the deduction for as long as the tax year is open, which is at least the next 3 years after filing)."}
{"_id": "227347", "title": "", "text": "I think we have to divide it up into the elements that are 'real' and those that are 'abstractions'. Certainly, it will take a long time for a turbine to 'recoup' the embodied energy of its manufacture, transport, installation, maintenance. After that, tho, it's paying its way. 'Free' energy. Property values are made up, and - while important - I don't think it's fair to include them.   As far as $-per-watt hour goes, renewables can't/don't/won't compete with fossil fuels. Digging up millions of years of compressed sunshine has served us well. Looking at the bigger picture, however, renewables start to make sense, and are the only way forward. Any models that require maintenance of 20th century levels of consumption are unrealistic.  The future will be slower, more expensive, and less convenient."}
{"_id": "227358", "title": "", "text": "I don't completely have GIPS down, risk management still gets me on some questions, and alternative investments is fucking me a bit. Any of the IPS questions will be iffy because I'm not good at paying attention to detail in the prompts.  On the other hand, I memorized the micro and global attribution formulas so I'm hoping for a lot of questions on that shit."}
{"_id": "227364", "title": "", "text": "The bucket concept. What ever works. Some people literally use envelopes, putting cash into each category for there upcoming bills. I prefer not to mix my long term investments. My daughter's college fund is in a series of separate accounts from our retirement money. I won't criticize your CFP's comments, because advice is individual, her approach probably works well for her clients. The important thing isn't the focus on the words, but the end result. Spend less than you earn, save for each of your goals.  I removed any IRA/US reference and comment on bucket concept."}
{"_id": "227376", "title": "", "text": "Hopefully they try something bold like separate bike paths and no street parking.  Sidewalks reserved for ridesharing pickup and drop off or public transportation  It's possible to have an urban area without soul crushing traffic!  Someone just has to try to get rid of parking"}
{"_id": "227386", "title": "", "text": "\"Financially speaking, you are absolutely right. But there are lots of conflicting messages out there that can't be boiled down to economics:  EX:   &gt;\"\"Why aren't you giving your grandmother children before she dies?\"\"  &gt;\"\"I bought a house at 23. Why are you still renting?\"\"  &gt;\"\"Who is going to take care of your parents when we they get old?\"\"  &gt;\"\"If you don't have X by age Y, then there's something wrong with you\"\"  Everyone had their own life, with their own circumstances. One person's formula for success might not work for others through no fault of their own. I have a very good friend who will never be successful in the eyes of her family until she is married with children. She works at Bank of China and makes a ton more than I do.   This is not to mention all of the industries promoting *their* product as the benchmark for achieving life goals. From real estate to jewellery, these industries can't survive off of the super wealthy alone, and they don't care what poor decisions customers make so long as it's poor decisions buying their products.   All I'm saying it's we shouldn't be blaming the deer for dying when the forest is covered in traps.\""}
{"_id": "227399", "title": "", "text": "It depends on the broker, each one's rules may vary. Your broker should be able to answer this question for how they handle such a situation. The broker I used would execute and immediately sell the stock if the option was 25 cents in the money at expiration. If they simply executed and news broke over the weekend (option expiration is always on Friday), the client could wake up Monday to a bad margin call, or worse."}
{"_id": "227423", "title": "", "text": "\"This doesn't really make that much sense either. The amount of \"\"can't predict\"\" should be pretty consistent on a whole market basis. Even if stock markets aren't perfectly efficient, they're efficient enough that you can't predict that there will be less information risk in the future. Even with information risk, the stock market throughout history, trends one way, up. Not being invested is the surest way to miss that.\""}
{"_id": "227432", "title": "", "text": "The D\u2019Atlantis Aqua Park is Best Affordable Resorts For One Day Picnic in Virar Near Mumbai. The resort in very near from the Mumbai city. The D\u2019Atlantis Aqua Park is located in serene locality of Navapur in Virar West, only 5 minutes from the beach.Nestled on the Western tip of Navapur village in Virar, D\u2019Atlantis Aqua Park is near beach . This area was once a small farming village and now visitors flock here for weekend getaways. Guests enjoy the various thrilling slides at the D\u2019Atlantis Aqua Park and its proximity to the beach side. D\u2019Atlantis Aqua Park is easy accessible from all three railway stations \u2013 Virar, Nalasopara &amp; Vasai. Transport to and fro from the resort can be arranged for a nominal fee. We provides best quality of services to our customers ate best affordable price. This resort is perfect destination for one day picnic."}
{"_id": "227433", "title": "", "text": "\"Why does the yield go up if the country is economically unstable? The yield will rise when instability increases because the risk of default increases.  If the case of Greece, the instability of government finances resulted in a 50% \"\"haircut\"\" for bond holders in 2011.  In other words, bond holders suffered a 50% write down in the nominal value of their bonds.  This means that holding these bonds until maturity will mean they will only receive half of the original nominal value of the bond, and that is assuming no further write downs occur. Why does selling a bond drive up the yield? Significant selling of bonds means that sellers are worried about future prospects.  Sellers will outnumber buyers, so sellers will have to reduce their offer price in order to attract new buyers. So if you think Greece is not going to default as it's highly likely a country would completely default, wouldn't it make sense to hold onto the bonds? If you think that it is highly unlikely that Greece will default and the prices and yields are attractive, then Greek bonds may look like an attractive investment. However, keep in mind the fate of bond holders in 2011.  They were attracted to Greek bonds by the price and yield, but they suffered a 50% haircut.\""}
{"_id": "227447", "title": "", "text": "Those rankings in particular that you cite are compiled by Millward Brown and the methodology is explained like this:"}
{"_id": "227477", "title": "", "text": "that's part of what the endless proscriptions against usury -- the lending of money at interest -- in any of the ancient holy books you might choose to pick up are all about.   it's best to see those books at the accumulated trial-and-error of ancient societies collected in allegory and law, and they had endless experience with what money and credit can do to societies."}
{"_id": "227479", "title": "", "text": "It really depends on your specific goals. Since you are considering trading FOREX, I assume you hate money.  It's more efficient to withdraw your money from the bank and light it on fire. Perhaps you like trading FOREX like some old ladies like to gamble away their social security checks.  Well then its impossible to answer your question as it is based upon personal preference."}
{"_id": "227485", "title": "", "text": "No, it is never impossible to get credit so long as there are no price controls or quotas. In most of the United States, the impetus for housing is so strong that it's one sector of credit that has nearly no price regulation, price in this case being interest rates. Corporate banks will not touch you now because Dodd-Frank now makes them liable to you and investors if you default on the mortgage.  Also, Fannie & Freddie, who ultimately finance most mortgages in the US now require banks to buy back loans if they fail, so banks are only financing the most creditworthy. All is not lost because markets are like rivers if not fully dammed: they find a way through. In your case, you can get a fully-financed mortgage if you're willing to pay interest rates probably double what you could otherwise get in the market with good credit. If the foreclosure process is quick and benefits the lender more in your state, the interest rate will be even lower. Your creditors will most likely be individuals you find at mortgage investment clubs and religious institutions.  If you shop around, you'll be surprised at how low a rate you might get. Also, since the cost of your prospective home is so low, it's very easy for an investor flush with cash and few investments to take a flier on a mother committed to her children who only needs $50,000. The FHA has been vastly expanded, and since your individual credit is clean, there may be a chance to get financing through it, but be prepared for red tape."}
{"_id": "227504", "title": "", "text": "Are you having trouble dealing with various sales problems in your company? Perhaps it\u2019s now time for you to take a sales training course from UK Thrive Ltd! This company offers comprehensive and highly interactive programmes that are designed to help you learn how to improve your sales performance and solve sales challenges in the future. Learn more about UK Thrive Ltd and their offerings by visiting their website - thrivesalescoaching.co.uk."}
{"_id": "227510", "title": "", "text": "Good pull on the Kochs. I didn't know that. This is the year that permanently changed my view of the press. I'm starting to go back and reevaluate past events and see how much was propaganda. Excellent BBC series that started me really thinking: [Century of Self](https://www.youtube.com/watch?v=DnPmg0R1M04)"}
{"_id": "227511", "title": "", "text": "If you are investing, via whoever you want, wherever you want, and you're a US tax resident - you will be taxed. As with all the other questions, clearly your transfer of funds to your parents is not a real gift, and as such you will be keeping interest in the amounts. Income will be attributed to you, and taxes will also be charged to you. Having the money lie in your parents' accounts doesn't make the money or the income any less yours."}
{"_id": "227518", "title": "", "text": "I am using the same logic as the two answers above. I got almost the same result ($46.60 instead of $46.59 per share) using the sold fractional share basis. However, the JCI Qualified Dividend (on the 1099-DIV, not the 1099-B) divided by the number of shares spun off yields a basis per share of only $40.97 That compares to $45.349 in answer two above. It seems that we should get the approximately same basis per share using the same arithmetic, and I do not know why we don't. For my tax files, I plan to use the Adient basis equal to the dividend from the 2016 1099-DIV of JCI (the PLC after the merger). My reasoning is that I cannot use an amount for the Adient basis that is greater than the dividend I paid taxes on. [In case this part of the question comes up again, you can get historical quotes at various websites such as https://finance.yahoo.com/quote, which does show $45.51 as the Adient closing price on 10/31/16.]"}
{"_id": "227533", "title": "", "text": "You still owe the money because there is a high probability that some other organization bough the account and assets of the failed creditor.  That means they will have bought your debt.  I have to assume there is language in your note that explains that they might sell your debt. But what should one do if they don't know who bought the entity?  You can't pay a non-existent entity, but if you don't have an address, how can you pay the new owner of the debt? First step, is to assume there will be a new owner.  A government, a company, an individual; somebody will buy that debt.  Read the news and see if you can't figure out what other entity owns your note.  You might have to contact them to enquire about where to send payment.  Keep records of any such contact. If you put in an honest effort, but just cannot figure out who owns your note, I'd suggest continuing to make regular on-time payments.  But put your payments into a new bank account that you open just for this purpose.  So when the new owner of the debt does come calling, you'll have reasonable proof you were attempting to pay.  You simply settle up from the special account.  Any reasonable company will just take the money, and if anybody gets unreasonable and you have to appear in court, you have a paper trail indicating your attempts to honour the debt. You'd have to consult a lawyer if nobody comes asking for the money.  There are probably statutes of limitation, but I wouldn't count on that ever happening."}
{"_id": "227542", "title": "", "text": "You will be hit every time, once every buy order and once every sell order. Commissions to the broker are paid every time they do something for you. This is true regardless if it is a security in which you are already invested. It is true regardless if you make or lose money. It is just as sure as death and taxes."}
{"_id": "227549", "title": "", "text": "I don't agree with others regarding paying off debt ASAP. You only have auto loan and auto loans are actually good for your credit score. With a mere $6k balance, it is not like you are going to have a problem paying off the loan. Not only that you will build your credit score and this will come in handy when you are purchasing a home.  With the Federal Reserve setting the interest rate at 0% until 2015, I can't understand why people would pay off anything ASAP. As long as you don't have revolving credit card balances, you are in the clear. I don't know your salary nor how big your porfolio is but I would save 5 months expense in cash and dump the rest in precious metals. Holding cash is the worst thing you could be doing (unless you predict a deflation).  You said you already have 40% in precious metals. You are already way ahead of other 95% of  Americans by protecting your purchasing power. Follow your gut. The stormg is coming and it's not going to get any better."}
{"_id": "227553", "title": "", "text": "Wtf? There is no actual fucking patriarchy stopping women from making money. If a woman wants to get a job they can and if they want to pursue a degree they can also do that. Nothing stops them from doing that here in the United States. Plus, a lot of people get harassed. Not just women."}
{"_id": "227562", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://globalmillennial.org/2017/05/28/gas-station-argument-direct-competition-leads-different-prices/) reduced by 90%. (I'm a bot) ***** &gt; There is a difference between a branded station and an unbranded station.  &gt; A branded station will order their gas from their corporate parent - a Chevron station will get their gas from the Chevron rack at their local fuel terminal.  &gt; An unbranded/independent station has a much wider range of fuel they can buy, and usually get quotes from multiple fuel marketing companies The station will buy the fuel from the marketer, who transports the fuel from the rack to the station.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejaxi/the_gas_station_argument_why_direct_competition/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133499 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **station**^#1 **price**^#2 **fuel**^#3 **more**^#4 **petrol**^#5\""}
{"_id": "227568", "title": "", "text": "Easy. Start with 2 millions and lose only one. Jokes aside, if you want a million USD, you should be asking yourself how you can produce products or services worth $5 millions. (expect the extra to be eaten up by taxes, marketing, sales, workforce...) If by investment you mean making risky bets on the stock market, you might have a better time going to Las Vegas. On the other hand, if by investment you mean finding something that will produce $$$ and getting involved, it's a different matter."}
{"_id": "227601", "title": "", "text": "&gt; the Fed left open the possibility it could wait until the fall.   Right... because the easiest way to demonstrate that the Fed isn't required to support treasury bond auctions is to stop buying/rolling debt over right when the next budget crisis happens."}
{"_id": "227648", "title": "", "text": "The 66 is heavy on the memorization whereas the 7, requires smart test taking abilities. Common for people to not do as well on that one.  If I were you, I'd take notes on each chapter, take 10-15 practice tests from different providers."}
{"_id": "227653", "title": "", "text": "It's really not. You have to realize that current rates are an outlier. The average on the 10yr since 1960 is 6.7%. Even on the 1yr it's still 5.7%. The average on the 30Yr from '77-present is 7.6%. You can use your own discretion about the length of time to consider for the average, but you don't just take the current rate as the risk free rate."}
{"_id": "227661", "title": "", "text": "Must be so hard to be rich AND quit your job. Reminds me of my friend Steve who quit before he had another job lined up. He was unemployed for over a year and ended up moving back in with his parents...wait"}
{"_id": "227669", "title": "", "text": "It's not stopped. Crossing a moving average is considered a signal to buy or sell. Yahoo stock charts offer the ability to add moving averages to the charts, and you can observe all stocks cross the line regularly.   As a contrast to Victor's charts, you can see that Apple, over the last two years, has traded above and below the 50 day MA. A believer in technical analysis using MA will observe a buy signal in Dec '11 just under $400, with a sell in mid-$500s in May. Moving averages are a form of following the trend, and work well when either trend is strong. It's when the stock is too close to the line that's it's tough to call whether it's time to be in or out."}
{"_id": "227681", "title": "", "text": "Number one sounds a bit like how are you going to help me.  Your primary focus should be how I am going to help you. One things that turns me off as an employer are questions about how much time you will have off, how much training will you get, etc.  No benefit related questions, you usually get an opportunity to talk to hr.  I'd recommend generalizing number 4, something along the lines of - is the company focusing on new (ideas, focus areas)? What ever is relevant for the position."}
{"_id": "227714", "title": "", "text": "The location that you are purchasing from is not really relevant.  If you use either a Visa or MasterCard to make a payment in a foreign currency of any kind then your payment will automatically use Visa/MasterCard's FX platform. Whilst fees can vary between issuers, the fee is generally fixed at 2.5%. There are occasionally credit card issuers who have special deals to remove these fees, but they tend to come and go and availability will depend on your country of residence. The only real way to avoid the fee is to get access to a debit or credit card denominated in the currency you wish to use for your purchase.  This is often achievable for USD or EUR, but much harder for smaller currencies.  You would have to try contacting a bank in that country to see if they would open an account for you or attempting to purchase a pre-paid credit card online."}
{"_id": "227718", "title": "", "text": "From a pure monetary point of view, paying 5% to earn 1%  doesn't make sense... Though there is also the question of retaining enough immediately available emergency funds, which may make the loan worth considering anyway. On the other hand, if you consider putting the funds into the stock market rather than a bank account, you have quite  decent odds of earning more than 5%. In that case, this becomes an opportunity for leveraged investment. I'm doing exactly that with my mortgage."}
{"_id": "227733", "title": "", "text": "such analysis helps you keep track of the percentage of income that you invest You could apply 1:1:1 ratio. i.e spend 1/3, save 1/3 and invest 1/3. Hope that helps"}
{"_id": "227739", "title": "", "text": "\"Holy crap, he's not talking about your kind of success. He's talking about the guy that gets into Yale in spite of meh academic performance in HS, because his daddy went there. Then, gets hired into a huge firm making gazillions, because he's socially connected to senior executives. And, after \"\"scratching and clawing\"\" his way to the top 0.05% of income earners, claims that it's because he worked so hard and is so deserving.  Here, this guy is a great example: http://en.wikipedia.org/wiki/Jamie_Dimon\""}
{"_id": "227740", "title": "", "text": "You're insistent on the concept that scientists cannot perfectly predict what future weather will be. However, we see the global climate trend. It ties in with the production of CO2 and other greenhouse gases. We know that greenhouse gases are called such because of their effects in trapping in heat. We are also aware of the output of natural greenhouse gas producers, such as volcanoes. By magnitudes larger is man-made greenhouse gas production. Man is the DRIVING force behind current climate change. You're not seeing the forest for the trees, no pun intended."}
{"_id": "227748", "title": "", "text": "Many mutual funds include such mechanisms. However, the higher fees for those funds (when compared to simple index funds) may cancel out any improvement the hedging strategy offers."}
{"_id": "227757", "title": "", "text": "\"I don't know what you mean by \"\"claim for taxes,\"\" I think you mean pay taxes.   I'm not sure how corps function in Canada but in the US single owner limited liability entities typically pass the net income through to the owner to be included in their personal tax return.   So it seems all of this is more or less moot, because really you should probably already be including your income sourced from this project on your personal taxes and that's not really likely to change if you formed something more formal.  The formal business arrangements really exist to limit the liability of the business spilling over in to the owner's assets.  Or trouble in the owner's life spilling over to interrupt the business operation.  I don't know what kind of business this is, but it may make sense to set up one of the limited liability arrangements to ensure that business liability doesn't automatically mean personal liability. A sole proprietorship or in the US we have DBA (doing business as) paperwork will get you a separate tax id number, which may be beneficial if you ever have to provide a tax ID and don't want to use your individual ID; but this won't limit your liability the way incorporating does.\""}
{"_id": "227758", "title": "", "text": "I first must commend you for finding the article considering it was 2004.  (Nice find!).  Also, I'm guessing you are going to be dead right with the feelings towards Facebook.  The success or failure will be pretty polarizing because I either see them having a $150 billion market cap at the end of 8 years or we will have conversation about Facebook as we do with Myspace.  Thanks again for posting the article!"}
{"_id": "227760", "title": "", "text": "Another good reason: if you have to replace a card due to damage, loss, or identity theft it's nice to have a backup you can use until the new card for your primary account arrives. I know folks who use a secondary card for online purchases specifically so they can kill it if necessary without impacting their other uses, online arguably being at more risk. If there's no yearly fee, and if you're already paying the bill in full every month, a second card/account is mostly harmless. If you have trouble restraining yourself with one card, a second could be dangerous."}
{"_id": "227763", "title": "", "text": "Nope. Ford are moving production to eastern and southern europe (where wages and employee protection are low), trusting that the EU will continue and that they will be able import vehicles to one of their primary markets without actually making the vehicle here.  Its actually one of the inequities of 'free trade' - the freedom for large companies to shop their production facilities around the world and in doing so make employees and the rich OECD countries poorer.  Eventually it will have to come to a screaming halt."}
{"_id": "227770", "title": "", "text": "Great work so far, and good question.  I think a lot of it depends on how risky your financial life is.   For example lets say that you are working a temp or contract job that ends in 3 months.  That is also the same month your savings and student loan will be equal.  I think most would agree that it would be foolish to empty out your savings in such a risky month.   Now same situation one month later.  The company you were working for takes you on as a full time employee.  I would go ahead and empty out my savings and make the student loan go away.   There could be other risks to consider like needing a different car, moving to a new place, potential medical bills, or a needing to travel.  Anything like that on the horizon I would hold off emptying out my savings.  However, once it is smooth sailing GO FOR IT! Being debt free is wonderful and it is a worthy goal."}
{"_id": "227778", "title": "", "text": "Because the Netherlands is smaller than almost every state in the US. It is ~237 times smaller than the US. Logistics in the US are a nightmare. I looked at the size comparison compared to my state, I drive half the width of your country to work every morning. So round trip I drive the entire width of your country in one day just to get to work."}
{"_id": "227781", "title": "", "text": "Many (if not all) of these companies have former I-bankers in their corp dev groups.  The author's platform is one of many that can connect buyers and sellers directly. At the end of the day, if you are a buyer, do you have the resources and competence to conduct proper due diligence? Quite possibly.  As a seller, do you have the ability to understand industry dynamics and the ability to maximize your valuation? Doubtful.  Buy side M&amp;A has merit, but sell side M&amp;A has proven to deliver value to the majority of clients."}
{"_id": "227834", "title": "", "text": "Correct me if I'm wrong, but it looks like you're posting something that defines labor hours right now (and for a different purpose)...  Not for when said provisions of the Affordable Care Act are implemented.    Go easy on me, I'm having a vodka ditch tonight to cope in general."}
{"_id": "227868", "title": "", "text": "My thoughts were right in line.   For example, remove the $38+ billion in animal agriculture subsidies and see how quickly \u2018supply and demand\u2019 at double the price shows that steak or milk  does not have enough demand to be marketed."}
{"_id": "227897", "title": "", "text": "Typically, businesses always charge their 'home' currency, so if the shop is in Canada, you will pay Canadian Dollars. Normally you don't have any choices either. Your credit card company will convert it to your currency, using the current international currency exchange rate (pretty good), plus a potential fee between 0 and 5% - depending on your credit card (not so good). If it is a significant amount, or you plan to do that more than once, and if you have multiple credit cards, check first to see which one has the lowest international fee; 0% is not uncommon, but neither is 3 or 4%. If it's a 10$ thingy, it's probably not worth the time; but 4% of 1000 is already 40$... As of right now, the currency exchange rate is 1.33, so you would pay ~75 USD; plus the potential fee, 0$ - 4$. Understand that this exchange rate is floating continuously; it probably won't change much, but it will change."}
{"_id": "227903", "title": "", "text": "\"&gt; The top 1% pay more than 50% of all taxes in the US.  [False](http://dailysignal.com/2015/04/15/how-much-do-the-top-1-percent-pay-of-all-taxes/), like all proponents of \"\"the rich pay plenty of taxes already\"\" crowd your stat only looks at income tax, the most progressive tax we have and the one the rich generally avoids by using capital gains.\""}
{"_id": "227906", "title": "", "text": "When you withdraw from your RRSP, you lose that contribution room and you will never get it back. Let's say you have room to contribute a total of $50,000 to RRSPs. If you withdraw $5000 from one institution and deposit it in another, you will now have a total contribution room of $45,000. This will only matter to you if you hope to max out your RRSP contributions sometime in your life, of course, but almost everyone should be aiming for this. Otherwise, you are correct. Your extra income will be mitigated by your immediate recontribution to your RRSP. Note that there are two circumstances where withdrawing from your RRSP does not reduce your contribution limit. The home-buyers plan lets you withdraw up to $25,000 to buy a home. You have to repay this over no more than 15 years. The second is the Lifelong Learning Plan, which lets you withdraw up to $20,000 (up to $10,000 annually), to be repaid over a 10-year period. Any other withdrawals (or failure to repay under the HBP or LLP) will lower your RRSP contribution room. In summary, it's almost certainly worth paying the $125 fee unless you are certain you will not be maxing out your RRSP contributions in your lifetime."}
{"_id": "227910", "title": "", "text": "For providing financing assistance to the clients, Invoice Finance and Factoring Services are provided by some recognized professional financial services providers in London. They can help in improving cash flows and credit control. Before applying for loans, a business has to undergo the lengthy processes and legal formalities. To simplify these procedures, Forfaiting Financial Services in London are provided to many organizations."}
{"_id": "227926", "title": "", "text": "The math depends on your average bill, days before it's due, and interest you'd earn. Say you have a $2000 bill each month. At 1%, there's an annual $20 or 40 cents per week you'd save by delaying the payment. If you pay on line and can hit the due date dead on, no reason to pay sooner. But if you risk the mail being late, the late fee and interest will negate the savings on a hundred months of last minute payments. Hardly worth the risk, IMHO. Edit - to clarify, the delayed payment with the above numbers saves the 40 cents or about $5/yr. scale it up with higher average balances or with a higher return on your savings account."}
{"_id": "227948", "title": "", "text": "You should do it. It really can't hurt. But you really need someone young-ish (35-45) that is already successful and knows what the hell they're doing to read thru and critique it.   Anyone can write a business plan, but that doesn't make it good. That said, if you can just DO, then just DO. Most entrepreneurs I know never wrote a business plan, they just focused on making the best thing and working hard at it. And providing good customer/client service.  Try networking, too. If you are passionate and can present your idea in a good way, someone with 10k should stake you (like an angel investor)."}
{"_id": "227955", "title": "", "text": "The simplest solution to fire-and-forget is to pick something like a Target Date mutual fund made up of low-overhead index funds (within your 401k or a Roth IRA, perhaps) and set up automatic purchase to that.  If you're talking about limit orders and so on, that ain't simple."}
{"_id": "227957", "title": "", "text": "It is the best medical school in London. If whenever you want clear the medical interview. Then you can join our medical school in the United Kingdom. We provide the best facilities in the medical school. Such as interview question, assignment, and MMI interview questions. With personal schools supplying their students with the toughest preparation, and professional interview panelists providing medicinal drug interview guides at sky-high fees, it became turning into highly tough to cozy an area at the scientific faculty as a kingdom-school student.  We have lived as much as our promise, the students who took component on our outreach program went directly to acquire gives from some of the quality scientific colleges in the global. This year, we\u2019re additionally imparting loose talks and workshops to schools as a part of our outreach program."}
{"_id": "227960", "title": "", "text": "This comes as a consequence to the notion of an income tax.  Remove that, and there won't be shenanigans like this anymore.  Libertarians don't stand for the notion that government owns your property (income) and can determine how much you get to keep after they forcefully take some from you or threaten you with being put in a cage.  Rather, we suggest for a consumption tax to replace it."}
{"_id": "227972", "title": "", "text": "The principal of the loan itself isn't any sort of taxable event.  There are, however, two taxable events here. First, cashing out your 401(k).  That income wasn't originally taxed, so it will be now, as regular income.  Plus, you're going to pay a 10% penalty, assuming you're under 59.5 years of age. Second, when the business pays you interest, that interest will be taxable.  The principal is not taxable; that's not income, after all. You simply are getting back what's yours.  The interest is taxable, as that is the actual income here."}
{"_id": "227990", "title": "", "text": "I'll probably be downvoted to hell for saying this, but why is it considered so normal that so many people are overdrafting their account all the time?  Whether you're poor or rich, there are a plethora of free tools out there to help you manage and keep track of money.  Wells Fargo is doing shady shit here, but if you spend 14 seconds watching your money every day (so you know what your buffer is), they would never be able to do this.  Pay fucking attention to your money and you'll lose a lot less of it (in all areas of life)."}
{"_id": "227991", "title": "", "text": "I'll mention the same thing I said to /u/jemacmillan, a family of three is dad, mom and kid, not dad, mom and three kids.  A living wage to provide absolute necessities is different from a living wage + expendable income like many here seem to think.  All anyone is asking is to be able to make enough, on minimum wage, to pay their rent and utilities, put food on the table for their kids and some clean clothes on their back.  No one is asking for new iPhones, a Mercedes or any other luxury.  People are asking to be able to _live_."}
{"_id": "228000", "title": "", "text": "\"part of living in a dynamic world, unfortunately failure to accept that leaves you in the dust keeping that same mindset forever-- personally i think that outsourcing will forever be a popular solution to profit maximization without altering our corporate tax laws.  ...however with adequate adjustments to tax incentives, some of these large corporations could be taxed properly and stop claiming they are generating their profits \"\"overseas\"\" all the while dodging our socioeconomic responsibility of contributing to the system.   great read- thanks for the share\""}
{"_id": "228010", "title": "", "text": "\"How can people afford luxury cars? The same way they can afford anything: by finding it cheaply, saving for it, or adjusting their priorities. Company cars - either paid for by the company, or as part of a bonus/compensation/salary sacrifice scheme. I have friends who drive luxury cars, but they pay \u00a3200/month - not much more than, for example, finance on a used Honda People who have paid off their mortgage. There are people who spend a decade pouring every cent they have into a mortgage. Once paid off, they have \u00a3500-1500 a month \"\"spare\"\" People who have different priorities to you. I'm not bothered about big houses and holidays, but I love cars: I'd rather spend an extra \u00a3100/month on my car and have a holiday every 2 years, not every year People who only run one car in the family: if you're running two cars at \u00a3200/month, then discover one of you can work from home, you could have one \u00a3400 car and still be saving money on running costs. People who don't have (or want) children. Children are expensive, if they aren't part of your plans then you can save a lot of money for luxuries.\""}
{"_id": "228034", "title": "", "text": "Rebates are a great way to give discounts to customers who are cost sensitive. A long time ago, I worked for a retailer that extensively used rebates as a marketing tool. From my point of view, about 90% of the complaints that I investigated were a result of people not following directions. Biggest single thing was not sending original documentation when it was called for."}
{"_id": "228035", "title": "", "text": "Okay, so if I mix water (0% juice), juice concentrate (0% juice), and food coloring (0% juice), do I end up with 100% juice?  And what happens if I leave a glass out in the air for a few seconds? Some of the water will evaporate. Is it then not 100% juice?"}
{"_id": "228044", "title": "", "text": "There are ETFs listed on the Brazilian stock market. Specifically there is one for S&P500 - SPXI11, which might fulfill your requirements, though as one commenter has observed, it doesn't answer your original question."}
{"_id": "228054", "title": "", "text": "&gt; I've had an idea for a store  &amp;nbsp;  &gt; anything with an online following really  &amp;nbsp;  Would it not be better (and lower risk, e.g. no minimum term lease) to start with an online store? That way you can market to these online followings (reddit, forums, facebook groups, etc.) regardless of geographical location."}
{"_id": "228058", "title": "", "text": "\"In addition to JoeTaxpayer's answer there are articles that describe the writing of options as \"\"being the casino\"\".  When you write, or sell to open an option, you are selling one of the most desirable things in the world to sell:  a depreciating asset.   Writing options are not without risk, but they can be a very conservative strategy.   Who wins  these massive losses?  Sometimes run of the mill investors, myself being one of them.\""}
{"_id": "228067", "title": "", "text": "Tr\u1ea3 \u00edt h\u01a1n v\u00e0 c\u00f3 \u0111\u01b0\u1ee3c d\u1ecbch v\u1ee5 th\u1ea1ch cao h\u1ea5p d\u1eabn h\u01a1n v\u1edbi ch\u1ea5t l\u01b0\u1ee3ng kh\u00e1c nhau. SMY Plaster l\u00e0 n\u1ec1n t\u1ea3ng cho b\u1ea1n, n\u01a1i b\u1ea1n c\u00f3 th\u1ec3 c\u00f3 \u0111\u01b0\u1ee3c d\u1ecbch v\u1ee5 tuy\u1ec7t v\u1eddi c\u1ee7a tr\u1ea7n nh\u00e0 v\u00e0 th\u1ea1ch cao trong m\u1ed9t c\u0103n nh\u00e0. Ch\u00fang t\u00f4i l\u00e0 m\u1ed9t trong nh\u1eefng nh\u00e0 cung c\u1ea5p h\u00e0ng \u0111\u1ea7u c\u1ee7a c\u00f4ng ty t\u1ef7 l\u1ec7 cao nh\u1ea5t ch\u1ea5t l\u01b0\u1ee3ng cao c\u1ee7a th\u1ea1ch cao th\u1ea1ch cao n\u00e0y \u0111\u01b0\u1ee3c mua t\u1eeb c\u00e1c nh\u00e0 cung c\u1ea5p \u0111\u01a1n gi\u1ea3n v\u00e0 x\u00e1c th\u1ef1c c\u1ee7a ch\u00fang t\u00f4i. \u0110\u1ec3 gi\u00fap b\u1ea1n \u0111\u1ea1t \u0111\u01b0\u1ee3c \u0111i\u1ec1u \u0111\u00f3, h\u00e3y tu\u00e2n th\u1ee7 h\u01b0\u1edbng d\u1eabn n\u00e0y \u0111\u1ec3 c\u00f3 c\u00e1c g\u1ee3i \u00fd v\u00e0 \u0111\u1ec1 xu\u1ea5t nh\u1eb1m \u0111\u1ea1t \u0111\u01b0\u1ee3c \u01b0\u1edbc m\u01a1 \u0111\u00f3 v\u00e0 t\u1eadn d\u1ee5ng t\u1ed1i \u0111a c\u00e1c s\u1ea3n ph\u1ea9m c\u1ee7a ch\u00fang t\u00f4i."}
{"_id": "228079", "title": "", "text": "I know this can be confusing because you tend to think of money being worth the face value. So let's eliminate that for the sake of an example that will be easier to understand. Let's say your friend loaned you rock worth $10 today. He expects you to pay him back an identical rock whenever you can. Now let's also assume that historically the price of rocks tends to go down every year. At some point you will need to buy a rock to pay your friend back. Because they keep getting cheaper, it costs less to buy the payback rock the longer you wait. Replace a dollar with a rock in the example and you have your answer. This is known as the time value of money. In reality, this is priced into the loan (via the interest rate) because the lender very much understands the math going on here. Also, it is more complicated because the longer you delay payment the more interest you pay (pebbles if you will) so it doesn't usually work to your advantage unless they underpriced the loan's interest rate."}
{"_id": "228083", "title": "", "text": "There does not appear to be a way to export the customers and invoices nor a way to import them into another data file if you could export them. However, as said in the comments to your question, your question seems predicated upon the notion that it is 'best practice' to create a new data file each year. This is not considered necessary It should be noted that GnuCash reports should be able to provide   accurate year-end data for accounting purposes without zeroing   transactions, so book-closing may not be necessary. Leaving books   unclosed does mean that account balances in the Chart of Accounts will   not show Year-To-Date amounts.   - Closing Books GnuCash Wiki The above linked wiki page has several methods to 'close the books' if that is what you want to do - but it is not necessary. There is even a description on how to create a new file for the new year which only talks about setting up the new accounts and transactions - nothing about customers, invoices etc. Note that you can 'close the books' without creating a new data file. In summary: you cannot do it; but you don't need to create a new file for the new year so you don't need to do it."}
{"_id": "228089", "title": "", "text": "&gt;Yes they do, the post office is not allowed to make a profit.  Just to clarify, the post office can make a profit but they are supposed to aim to break even over time.  3 years of profit can balance out over time with losses.  The goal is to not make money but also to not get screwed with regular fluxuation"}
{"_id": "228095", "title": "", "text": "Bootstrap has been a verb for a very long time, and you've used it as such all your life, or at the very least it's short form: booting.  It means, as you well know, to lift yourself up using your own resources."}
{"_id": "228100", "title": "", "text": "It is a scam organization praying on fear of the simple minded.  The facts Edelson presents are not accurate -  http://www.sec.gov/litigation/admin/2006/ia-2525.pdf"}
{"_id": "228111", "title": "", "text": "Congrats on having such a nice emergency fund.  That's pretty substantial. I don't want to be the one to suggest the One Investment To Rule Them All because I might be wrong.  :) I'd investigate other avenues for investment.  Here are a few (in no particular order): My two cents but I think you're wise to be wary of investing in US equities now. Hedging (both with your passive investments and with another source of income) is something you can afford to do. (But to answer your question, there are indexes that are broader than the S&P 500.  The Wilshire 5000 index has all of them, for example.)"}
{"_id": "228116", "title": "", "text": "theoretically this concept makes sense.  However as recent numbers have shown ( I do not have the source handy but one can simply obtain this information via the ECB's website) banks have tapped this LTRO, something in the likes of 500 billion or so, and instead of buying Sovereign debt, they instead prefer to park this money with the ECB, paying something like 25 bps on deposits.  so instead of using this LTRO money to buy Sovereigns or perhaps lend to other banks, easing the strain on LIBOR, banks have just parked this money back with the ECB, as the ECB has seen its deposits once again reach record amounts (again, see the ECB website for proof).  Just this speaks volumes about the LTRO carry trade and how it is evidently not going to achieve its long term goal of bringing spreads down in Europe.  Perhaps in the short run yes, but if you look at the fundamentals (EURUSD, the EUR Basis Swap and the OIS-LIBOR Spread) they show how the situation in Europe is far from over, and the LTRO is nothing close to a long term and stable solution"}
{"_id": "228133", "title": "", "text": "\"Best answer I've heard when asking this question is \"\"because they can.\"\" Traditionally Australia was remote enough, and it was justified due to the cost of shipping and importing... but now that's not the case and they're still sticking it to you, and you're still paying it.  Even digital media (music, video, software), the poster-child of an item that has zero difference in delivery cost, cost more in Australia and there is absolutely no reason for it outside of the fact that you're going to pay it. Sorry dude... Start finding ways to fight back.  Find a US based VPN and route your purchases through the U.S., maybe save some money that way?  Make your physical purchases overseas and ship them home when you happen to leave the country (if ever).  Have friends do so when they leave the country... Good luck!\""}
{"_id": "228137", "title": "", "text": "\"Whats obvious is obvious, and yet the Pseudo Intellectuals come out with their  . .\"\"Where is your tin foil hat\"\" and ridicule as if everything is a conspiracy theory.  Well . . .its seems the Jews . .which make up less than 1% of American society seem to control most of the wealth and all of the white house and every American politician must get his asshole inspected by AIPAC and suck their cock before he is deemed worthy, and you know what, the new Tax laws will make sure they get to keep what they stole from you and even pass it on through inheritance and contribute nothing to society except abstract mathematical financial products which will crash the economy and cost you your life savings.  But that's not a reality, that's a conspiracy  Whats reality is that Fuckerberg is actually a catholic school girl who made a US$ 60 billion web page and the Russians hacked the US election via Reddit and Face book.  Well enjoy the tin foil condom you get Shalomed with\""}
{"_id": "228139", "title": "", "text": "Excuse me if I don't take studies by a politically motivated libertarian think tank at face value.     Edit:  ever wonder why all your min wage posts get downvoted?  It's not because it's unpopular, it's because they are wrong and unsupported by real world data."}
{"_id": "228144", "title": "", "text": "Nemesis Watch Inc. introduces the latest design from watch designers and drives the watch market to a whole new generation. We are appreciated to deliver values of our products and services to all of our customers as demanded. For over ten years, Nemesis watch Inc. has been an international leading force in the design and manufacture of Leather Cuff Watches. We commit to provide our customers with the highest quality design for the lowest prices as possible."}
{"_id": "228165", "title": "", "text": "\"Never forget there are two kinds of people. Those who believe what they say, and those who do not believe what they say in public.  For example, if my assignment were to prop up the role of the USD as world reserve currency, it would be silly of me not to be fully informed as to any possible threats to it. However, what I say in public would be designed to maintain the role of the USD (assuming that's my mission), not to actually inform others about everything I know (unless it furthers my assignment in some way).  When Hillary says that the Egyptian government is \"\"stable\"\" - it's not that she actually believes it's stable, but that her role is to prop up a regime that has close ties to the American military. Calling a faltering regime \"\"stable\"\" is merely an attempt to discourage any movements trying to bring it down.\""}
{"_id": "228186", "title": "", "text": "In the case you mentioned, where a private company owners will take debt with the purpose of  buying out other owners, is this done through a share repurchases program (I understand private companies issue them, even though it's rare)? Thank you for the insights."}
{"_id": "228191", "title": "", "text": "\"1. (a) Lookup \"\"Fairy-Circles\"\" in \"\"The INDEX.\"\" of the book \"\"THE Natural Hi\u017ftory OF STAFFORD-SHIRE.\"\" by Robert Plot, LLD, Keeper of the ASHMOLEAN MUS\u00c6UM And PROFESSOR of CHYMISTRY in the UNIVERSITY of OXFORD, published in MDCLXXXVI (1686): https://books.google.com/books?id=T03JVJkdC9gC&amp;printsec=frontcover      \\- Robert Plot, author of \"\"The Natural History Of Stafford-Shire\"\" (1686): http://www.oum.ox.ac.uk/learning/pdfs/plot.pdf      (b) \"\"Police urge people to report crop circle damage\"\" by Wiltshire Times, published on 8 July 2017: http://www.wiltshiretimes.co.uk/news/15398908.Police_urge_people_to_report_crop_circle_damage/      Mirror: https://web.archive.org/web/20170803125035/www.wiltshiretimes.co.uk/news/15398908.Police_urge_people_to_report_crop_circle_damage/      \\- \"\"Police urge people to report crop circle criminal damage\"\" by Wiltshire Police, published in 2017: http://www.wiltshire.police.uk/news/3873-crop-circle-criminal-damage-on-the-rise          \\- \"\"Criminal damage warning over Wiltshire crop circle increase\"\" by BBC News, published on 12 July 2017: http://www.bbc.com/news/uk-england-wiltshire-40581193       (c) \"\"400-Foot Diameter Metatron's Cube Reported July 18, 2017, At Cley Hill Near Warminster, Wiltshire, U. K.\"\" by Linda Moulton Howe, published on 20 July 2017: https://www.earthfiles.com/news.php?ID=2547   2. (a) https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006      (b) https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z   3. https://www.reddit.com/r/conspiracy/comments/6rf7ek/plasma_stealth_technology_by_venik_published_on/dl4ka01  4. Read #2 (science, occult rituals, magic, United States of America) at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dfauxj7      Source: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006      Via: #26 at https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z\""}
{"_id": "228198", "title": "", "text": "Usually payments are applied towards:"}
{"_id": "228210", "title": "", "text": "His net worth is going to be very different from his liquid assets. It\u2019s not like he can write an $80B check. When you give a homeless person a dollar, are you basing it on what\u2019s in your wallet or based on the worth of all your assets (home, car, electronics, etc)? Next question you should have is \u201cWhy the ef is anyone else telling me how much of my money I should give away?\u201d"}
{"_id": "228211", "title": "", "text": "Because giving someone a loan and paying them to take it isn't a loan anymore.  I'll grant you, some of the treasury bill auctions did slip below 0% -- people paid in slightly more than what the bill would pay out. In as much as this was done by actual investors (and not afore-mentioned helicopter Ben Bernanke keeping the printing presses running hot all night), it was major accounts fearful of the euro disintegrating and banks crashing, and so on, and needing a safe spot to stick their cash for a couple months.  Where the Fed is concerned, that interest rate he's referring to is lending they do to banks. So, how much would you take if you ran a bank and the Fed offered to pay you to take their money? A billion? A trillion? As much as you could cram in your vaults, shove in your pockets, and stuff down your favorite teller's blouse? Yea, me too."}
{"_id": "228217", "title": "", "text": "Put options are basically this. Buying a put option gives you the right but not the obligation to sell the underlying security at a certain date for a fixed price, no matter its current market value at that time. However, markets are largely effective, and the price of put options is such that if you bought them to cover you the whole time, you would on average pay more than you'd gain from the underlying security. There is no such thing as a risk-free investment."}
{"_id": "228227", "title": "", "text": "\"Taken from a reddit comment i read earlier:  \"\"Tesla does not have a demand generation problem. We are production constrained, not demand constrained. Until production exceeds demand, it doesn't make much sense to try to generate more demand because we already have more demand than we can fulfill. The Model 3 was the most successful product launch of any kind. I mean like ever, in history. We had more preorders than Apple did with the iPhone and we haven't even advertised. We are not trying to make the Model 3 waiting list any longer. We are anti-selling the Model 3.\"\"\""}
{"_id": "228231", "title": "", "text": "I've been studying artificial intelligence. You can play around with the technology on your computer. Currently AI is pretty weak but I've seen some videos that convince me it will get significantly better:  * quantum computers will greatly exceed the current technology * serious efforts are being made to test theories on how neurons in the brain work and how computer algorithms can be designed to perform in the same way * there is a search for a general learning algorithm which will make it possible for an AI to learn anything   One thing is for sure, an incredible amount of serious effort is being put into this work by some of the most brilliant computer scientists in the world. The really technical presentations are way beyond my comprehension."}
{"_id": "228234", "title": "", "text": "Executives at the Journal, owned by Rupert Murdoch\u2019s News Corp., argue that Google\u2019s policy is unfairly punishing them for trying to attract more digital subscribers. They want Google to treat their articles equally in search rankings, despite being behind a paywall.  I have no interest in the article if it is behind a paywall so getting a search hit for WSJ is noise."}
{"_id": "228252", "title": "", "text": "&gt; You must not understand how profitable advertising is to Google and YouTube and Facebook... it is very very very profitable, and AdBlock can't block those ads.   I DO understand, that's why I am making noise now, because all of them are going to be in big trouble soon.  Ad block DOES block those ads. 100% of them. I see _zero_ ads. Nothing on facebook, nothing on google, nothing on youtube. There are ad blockers for all of it."}
{"_id": "228289", "title": "", "text": "Thanks for the feedback obelus,   The cost is $20,000 to 50,000 sqft.   Ya I am just looking for a rough idea of what a similar newer building is costing I figured what we are paying is really high as the building is extremely old and designated as a heritage site so we can't just knock it down. Beautiful building just not very efficient.   The newer building is the route I think we are gonna end up going not sure what we can do with the current building as not too many options for resale. We can't adjust the lease rates to compensate for the cost as the tenants are all seniors and it is an integrated care home. A change to apartments would prove difficult as there are no kitchens in 90% of the suites.  We are currently paying approximately $0.40 psf a month to heat (All electric) and the estimate for the new building is $0.1425 psf (Geothermal) so it is a pretty huge impact in comparison if it is possible but I haven't heard of a real building actually costing that little before.   Thanks for the suggestion for the IR I think I am gonna get some one in after the holidays to do a inspection to see if there is any short term fixes we can do with our system."}
{"_id": "228292", "title": "", "text": "We already offer console repair, we sell pre packaged food, drinks, ect.   Coffee here requires health inspections (almost like a restaurant).  We do have a constant flow of new customers as well as loyal regulars that never miss an event. We offer rewards for our members that bring in new customers as well."}
{"_id": "228302", "title": "", "text": "I think you are aiming your crony capitalism shotgun in the wrong direction.  Oil industry subsidies dwarf those to the EV, and the bailouts to the US car manufacturers was the clearest example you could imagine of picking winners and losers.    Far worse, both the car manufacturers and oil industry represent the entrenched interests which are fighting the future changes in the industry as opposed to the other way around.  The money went directly to the companies involved, without a lick of good capitalist competition.  Now compare that to a personal EV tax credit.  1) you encourage the clearly visible future of cheap electrical power and driverless EVs, 2) you set up the subsidy as a personal tax break to the buyer, so any company is free to up their game and make better products to win part of it.  3) its a much smaller amount, and much more cost effective per tax dollar than giant checks to monster oil companies.  Once the government stops cramming enourmous amounts of money into oil and traditional car companies, then it might be time to relook at saving taxpayer money spent on EVs."}
{"_id": "228308", "title": "", "text": "Additionally, it used to be the case that savings accounts would have a noticeably higher interest than checking accounts (if the checking account paid any at all).  So you would attempt to maximize your cash working for you by putting as much as you could into the savings account and then only transferring out what you needed to cover bills, etc into the checking account."}
{"_id": "228310", "title": "", "text": "I travel a lot, too. 6 months living in Shanghai, 6 months in Greece, and many months of travel to various places. I love traveling! I still prefer the physical book to e-books, though, especially if going some place like Italy.   In a few days I leave for Athens where I start a month long train trip around Europe (with the EUrail, which is awesome). Physical books are better for traveling IMO because you're not worried about losing them, getting water on the at the each or pool, and they're much less likely to be stolen.c  If you're a very avid reader I can definitely understand bringing an e-reader, though. The books I read are pretty thick but I don't read through them that quickly (maybe an hour or two a day). Much more and is probably have to get an e-reader to carry the books I need!  As far as portability goes you're completely right, the e-reader is easier. Especially something like a nook or Kindle. It's just so light and holds so much! If you buy a physical book for vacation and start reading it only to find out you hate it, you're out of luck! With an e-reader you can just change the book. With the 3G Kindle you can just download a book almost anywhere in the world!"}
{"_id": "228315", "title": "", "text": "If you want to retire in 7 years at age 35 and only currently have 150k, and you need to ask this question of how to invest your money (risk free), then you will not be retiring at age 35 nor buying your house.  It is possible to do (but not risk free - in fact you will need to take quite a bit of risk) but you would need to have a detailed plan about how you would go about to achieve this goal, what assets you would be investing in, and what risk management you would have in place. If you have to ask this question all you have is a goal but no plan. You probably will need to do plenty of research in the types of investment you prefer and develop a plan to take you to your destination. This could take you a year or 10 years, depending on how motivated you are in acheiving your goals."}
{"_id": "228317", "title": "", "text": "You're right. Your statement is almost universally true.   However, when applied to support of Trump, it is more the exception than the rule. By 'stupid', you could be saying that they were well informed, but voted for the wrong person because they miscalculated probabilities and implications of the future. Or 'stupid' could mean that the person was clouded in biases and incompetence; that they voted wrong because they just didn't understand.   I would say Thiel is the first type and the average low-income Trump supporter is the second. By that I mean that Thiel's support for Trump is in a minority because the majority of Trump supporters seem to have an extremely simple basis for their opinions. They've been fooled by biases, cultural associations, actors, and the general complexity of the modern world. They don't understand the world. Their community, media, and religious leaders-along with the morals from their culture-often put their moral inclinations into conflict with their economic self-interest. Thiel, on the other hand, is well informed and complex of thought. He was not hoodwinked by anyone.   Trump supporters seem stupid because they get so many facts wrong. From the opposite side, it seems like they are caught in storm of biases and psychological mindfucks. They don't seem capable of seeing information objectively."}
{"_id": "228341", "title": "", "text": "\"Financing a portfolio with debt (on margin) leads to higher variance. That's the WHOLE POINT. Let's say it's 50-50.  On the downside, with 100% equity, you can never lose more than your whole equity. But if you have assets of 100, of which 50% is equity and 50% is debt, your losses can be greater than 50%, which is to say more than the value of your equity. The reverse is true. You can make money at TWICE the rate if the market goes up. But \"\"you pay your money and you take your chances\"\" (Punch, 1846).\""}
{"_id": "228342", "title": "", "text": "Right- and that's exactly what Amazon wants.  YOUTH.  They'll take every last bit of youthful energy and enthusiasm that a recent grad has to offer, use it up, and burn them out. Rinse and repeat.  They're a despair factory.  Honestly, this is the formula that the average large tech company has mastered.  I know they are good experience and it's hard not to recommend them to recent grads, but man the people I knew from there when I lived in Seattle were depressed and demoralized by the experience."}
{"_id": "228343", "title": "", "text": "Wow I honestly hope this is your first ever finance class. Anyway this isn't even finance, the only thing here finance related are the terms. It's really an algebra problem. Which is 1,312,500/x = 2 soooo find X.  X = 656250  so 131,250 in notes payable. If you don't know what to do know to find the quick ratio, then change majors"}
{"_id": "228348", "title": "", "text": "Yeah I'm exaggerating for effect.  I'm certain that most places aren't as bad as I'm making them out to be...but *one place*, wherever that is, is much, much worse. Someone is always running an absolute disaster of a key business program(s) out there."}
{"_id": "228350", "title": "", "text": "I don't know exactly what your point is and why you're talking about loans. My point was that it's a huge assumption to say its a waste without any data as to which majors its a waste for, which jobs benefit most from school prestige, etc."}
{"_id": "228369", "title": "", "text": "\"While this figure is a giant flashing-red beacon of inflation, it should be noted that this has been happening during a period of unprecedented writedowns and deleveraging of \"\"hypothetical\"\" assets -- assets that exist on paper only. The result, given the way QE funds have been injected into the market (eg TAF), is that people who *should've* lost money get to tread water, and the inflation is not apparent in the rest of the economy (unless you are actually aware of the severe repercussions which should've happened but didn't).  Also, and separately, I'm not so sure another round of QE is coming.\""}
{"_id": "228388", "title": "", "text": "it depends on what kind of IT you did, and where you took your econ courses afterward.  did you do any coding?  do any business cases studies?  Can you calculate the book value of a firm from its balance sheet and assess the net present value of its cash flow?  What happens to the value of a $1000  10 year bond at 4% when the current market rate drops to 3% 6 months after it was purchased?  Do you know what kind of corporate valuation doesn't appear in a financial statement?  If you can answer 1/2 of these questions, you will probably do just fine, but you will need to find someone to hire you and you will have to advance or find a new job every so often when you get bored again.  another idea is to get an MBA in finance where you are, then jump into the finance arena."}
{"_id": "228396", "title": "", "text": "from my experience working in the family business, the first step is to make sure you HAVE the authority, one of the problems I encountered was that we were given managerial positions were we not empowered to do anything, which created many problems which comes to my second point, make sure you have clear roles and responsibilities, you have to know what you should be doing, if you don't, find out asap what you and your other managers are supposed to do, and lastly, make sure there is accountability and every family member and employees must be treated equally so that if your employees  or you yourself don't do something you are supposed to do, you can be held accountable for your actions, you won't believe how easy family members get special treatment, how family members miss deadlines and nobody cares, and how family members are managers when really they are just daddy's spoiled puppets being there to be peons (not to think), and Facebook more than usual. I recommend you read all literature you can get your hands on on dealing with family Enterprises and how to deal with common issues, good luck, I for one am desperately searching for jobs outside the family business because I can't take it anymore."}
{"_id": "228403", "title": "", "text": "\u200b\u200b\u200b\u200b\u200bYou're not missing anything. Excess cash is somewhat of a nebulous concept. To different people it means different things. The answer is that excess cash varies for each company depending on their business. For instance, some companies need very high amounts of working capital. A company may be increasing their inventories and therefore will require more cash on their balance sheet to fund growth. If a company always needs this extra cash, some investors prefer to leave that cash out of a valuation because the company cannot run profitably without it. Think about what happens to your calculation of Enterprise Value if you subtract excess cash as opposed to cash. Excess cash is always less than cash. Therefore by subtracting excess cash you increase EV. Since one common valuation metric is EV/EBITDA, a higher numerator will make the stock seem more expensive - that is the EV/EBITDA ratio will seem higher when using excess cash as opposed to cash. So using excess cash in your valuation methodology is basically a conservative concept. Depending on the business 20% of revenues seem way too high as a reserve for excess cash. 2% is a much better rule of thumb."}
{"_id": "228434", "title": "", "text": "&gt; Isn't it strange how hard labor fights on the side of capital?  Like the top comment or the geniuses downvoting us?   &gt; Imagine if workers directed even a fraction of that passion toward helping workers instead of companies.  No need to imagine. Plenty of failed backwards socialist countries who've done this like Germany. Strong unions and labour laws, free post-secondary education and 3.9% unemployment. Sounds absolutely horrible, who'd want to live in such a hellhole."}
{"_id": "228438", "title": "", "text": "\"If you're simply a futures speculator, then yes, it does seem like gambling. If you're a farmer producing a few thousand bushels of wheat, futures can be a mechanism for you to hedge against certain kinds of market risk. Same if you're running a heating oil company, etc. I just read somewhere that the bad spring weather in South Dakota has prevented farmers from getting corn planted -- nothing is in the ground yet. This is \"\"objective data\"\" from which you might infer that this year's corn harvest could be late and/or smaller than normal. So maybe if you're a buyer for General Mills, you use corn futures to control your costs. In this case you'd have some idea based on experience what to expect for the price of corn, what your production line requires for input, how much you can charge for finished product, etc. These all factor in to the price you'd be willing to pay for corn futures.\""}
{"_id": "228445", "title": "", "text": "Yes, you have to file a tax return in Canada.  Non residents that have earned employment income in Canada are required to file a Canadian personal income tax return. Usually, your employer will have deducted sufficient taxes from your pay-cheques, resulting in a tax refund upon filing your Canadian tax return. You will also receive a tax credit on your US tax return for taxes paid in Canada."}
{"_id": "228456", "title": "", "text": "I think it's just a sign that they are trying to get echoes into all the homes of their target demographic that don't yet have one (i.e., trendy influencers and people with money).  Get them into the homes, and those people will start using them.  To buy things.  Once they have more data regarding what those people want, they'll know what to stock in their new whole foods store-cum-warehouses, ready to deploy in one-hour Prime Now deliveries."}
{"_id": "228459", "title": "", "text": "If you have significant assets, such as a large deposit, then diversification of risks such as currency risk is good practice - there are many good options, but keeping 100% of it in roubles is definitely not a good idea, nor is keeping 100% of it in a single foreign currency.  Of course, it would be much more beneficial to have done it yesterday, and moments of extreme volatility generally are a bad time to make large uninformed trades, but if the deposit is sufficiently large (say, equal to annual expenses) then it would make sense to split it among different currencies and also different types of assets as well (deposit/stocks/precious metals/bonds). The rate of rouble may go up and down, but you also have to keep in mind that future events such as fluctuating oil price may risk a much deeper crisis than now, and you can look to experiences of the 1998 crisis as an example of what may happen if the situation continues to deteriorate."}
{"_id": "228485", "title": "", "text": "The very term 'market conditions' is subjective and needs context.  There are 'market conditions' that favor buying (such as post crash) or market conditions that favor selling (such as the peak of a bubble).  Problem with mutual funds is you can't really pick these points yourself; because you're effectively outsourcing that to a firm.  If you're tight on time and are looking for weekly update on the economy a good solution is to identify a reputable economist (with a solid track record) and simply follow their commentary via blog or newsletter."}
{"_id": "228488", "title": "", "text": "You say you have 90% in stocks. I'll assume that you have the other 10% in bonds. For the sake of simplicity, I'll assume that your investments in stocks are in nice, passive indexed mutual funds and ETFs, rather than in individual stocks. A 90% allocation in stocks is considered aggressive. The problem is that if the stock market crashes, you may lose 40% or more of your investment in a single year. As you point out, you are investing for the long term. That's great, it means you can rest easy if the stock market crashes, safe in the hope that you have many years for it to recover. So long as you have the emotional willpower to stick with it. Would you be better off with a 100% allocation in stocks? You'd think so, wouldn't you. After all, the stock market as a whole gives better expected returns than the bond market. But keep in mind, the stock market and the bond market are (somewhat) negatively correlated. That means when the stock market goes down, the bond market often goes up, and vice versa. Investing some of your money in bonds will slightly reduce your expected return but will also reduce your standard deviation and your maximum annual loss. Canadian Couch Potato has an interesting write-up on how to estimate stock and bond returns. It's based on your stocks being invested equally in the Canadian, U.S., and international markets. As you live in the U.S., that likely doesn't directly apply to you; you probably ignore the Canadian stock market, but your returns will be fairly similar. I've reproduced part of that table here: As you can see, your expected return is highest with a 100% allocation in stocks. With a 20 year window, you likely can recover from any crash. If you have the stomach for it, it's the allocation with the highest expected return. Once you get closer to retirement, though, you have less time to wait for the stock market to recover. If you still have 90% or 100% of your investment in stocks and the market crashes by 44%, it might well take you more than 6 years to recover. Canadian Couch Potato has another article, Does a 60/40 Portfolio Still Make Sense? A 60/40 portfolio is a fairly common split for regular investors. Typically considered not too aggressive, not too conservative. The article references an AP article that suggests, in the current financial climate, 60/40 isn't enough. Even they aren't recommending a 90/10 or a 100/0 split, though. Personally, I think 60/40 is too conservative. However, I don't have the stomach for a 100/0 split or even a 90/10 split. Okay, to get back to your question. So long as your time horizon is far enough out, the expected return is highest with a 100% allocation in stocks. Be sure that you can tolerate the risk, though. A 30% or 40% hit to your investments is enough to make anyone jittery. Investing a portion of your money in bonds slightly lowers your expected return but can measurably reduce your risk. As you get closer to retirement and your time horizon narrows, you have less time to recover from a stock market crash and do need to be more conservative. 6 years is probably too short to keep all your money in stocks. Is your stated approach reasonable? Well, only you can answer that. :)"}
{"_id": "228503", "title": "", "text": "Much of this inequality would be reduced if we moved from income taxation to a wealth/asset tax. We could exempt a person's main residence and retirement savings (similar to the way we do now with the home mortgage deduction and capital gains exemption and with IRAs). This would also obviate the need for a separate capital gains tax."}
{"_id": "228521", "title": "", "text": "Colloquially, there's no difference except for the level of risk (which is an estimate anyway). Classically, investment is creating wealth through improvement or production.  Purchasing a house with the intent to renovate and sell it for a profit would be an investment, as the house is worth more when you sell than when you bought it. Speculation, on the other hand, is when you hope to make a profit through changes in the market itself.  Purchasing a house, letting it sit for 6 months, and selling it for a profit would be speculation."}
{"_id": "228535", "title": "", "text": "Cronyism happening everywhere was my point, the government would have been better off giving out the money straight to the people with the accounts, and George W. Bush isn't Stalin, he's George W. Bush.  Isn't his name worse on reddit, and most other places?"}
{"_id": "228544", "title": "", "text": "They want cheap food so people can afford it...  If they only approved the most high quality food most people wouldn't be able to afford it. For most of human history people have eaten far less sanitary things than we eat now. Yes now we have crap processed food thats cheap and isn't healthy but thats because humanity literally NEEDS it to sustain our current population.  Tough situation but get rid of cheap food that is mass produced and you'll starve swaths of the population that rely on it for sustenance. There simply isn't enough of a supply chain network built out to produce enough fresh fruit vegetables and protein sources to feed everyone on a low budget."}
{"_id": "228548", "title": "", "text": "\"Your goals are excellent. I really admire your thoughts and plans, and I hold you in high esteem. Good credit is indeed an important thing to have, and starting young is THE smart idea with respect to this. I see that you have as a goal the purchase of a home. Indeed, another fine ambition. (Wow, you are a different breed from what I normally encounter on the internet; that's for sure !) Since this won't happen overnight, I would encourage you to think about another option. At this point in your life you have what few people have: options, and you have lots of them. The option I would like to suggest you consider is the debt free life. This does NOT mean life without a credit card, nor does it mean living with ones parents all their days. In its simplest form, it means that you don't owe anybody anything today. An adapted form of that; with the reality of leases and so on, is that you have more immediate cash in the bank than you have contractual responsibilities to pay others. e.g., if the rent on a place is X, and the lease is 12 months, then you don't sign until you have 12X in the bank.  That's the idea. If there is anything good that these past 10 years of recession and financial disasters have provided us as a nation, it is a clear picture presented to our young people that a house is not a guaranteed way to riches. Indeed, I just learned this week of another couple, forced out by foreclosure again. Yes, in the 1970s and 1980s the formula which anyone could follow was to take a mortgage on a single family house; just about any house in any community; and ten years later double your money, while (during those ten years) paying about the same (and in a few years, actually less) amount of money as you would for an apartment with about half the space. Those days were then, not now, and I seriously doubt that I will ever see them again in my lifetime. You might, at your age, one day. In the mean time, I would like to suggest that you think about that word options again; something that you have that I don't. If your mind is made up for certain that a house is the one and only thing you want, okay; this does not apply. During this time of building your credit (we're talking more than a year) I would like to encourage you to look at some of the other options that are out there waiting for you; such as... I also encourage you to take a calculator and a spreadsheet (I would be surprised if there is no freeware out there to do this with a few clicks) and compare the past 30 years of various investments. For example... It is especially educational if you can see line charts, with the ups and downs along the way. One last thing; about the stock market, you have an option (I love that word when people your age are actually thinking) called \"\"dollar cost averaging\"\". If you are not aware of this concept, just ask and I will edit this post (although I'm confident it has been explained by others far better than myself on this very site). Hit just about any solid stock market investment (plain old mutual fund, even with a load, and it will still work) and I believe you'll see what I'm trying to get across. Still, yes, you need a roof, and a young person should clearly plan on leaving parents in a healthy and happy way; so again, if the house is the one and only goal, then go for it kid (uhm, \"\"kid\"\", if you're still under 18). All the best. Do remember that you will be fixing the pipes, not the maintenance guy.\""}
{"_id": "228565", "title": "", "text": "Yes, you do. Unless you actually donate it, the loan will be repaid and as such - is an asset for you. On your taxes you report the interest you got paid for the loan. You can claim the interest as a charitable deduction, if you don't effectively charge any (IRS dictates minimum statutory interests for arm-length loan transactions)."}
{"_id": "228571", "title": "", "text": "If you do your homework on the front end, so can find reliable, quality suppliers.  You can avoid scams and fraud.  And you can then avoid the path of last resort, the Alibaba Fair Play Fund.  And the Fair Play Fund is not a bad thing - it helps compensate users who have lost money - but avoiding it is critical."}
{"_id": "228590", "title": "", "text": "The Plaster of Paris is an awe-inspiring building material that has transformed the substance of contemporary insides. The very multifarious material comes as a dry powder which should be commixed with dihydrogen monoxide afore utilizing. The Plaster of Paris is enormously being utilized as a puissant mendacious roof material finding tremendous application in all types of engineering."}
{"_id": "228598", "title": "", "text": "I can't say much about other financial topics (ie personal finance), but I can give you some sources on investing.  Books: Market wWizards, Hedge Fund Market Wizards, Reminisces of a Stock Operator, No Bull, The Snowball  Websites:  Bloomberg, CNBC, Zerohedge  I also share my own thoughts on the stock market at http://markethistory.org"}
{"_id": "228602", "title": "", "text": "If we were to observe some call price (e.g., 15), and then derived implied volatilities from the BS formula depending on different strike prices but fixed maturity (i.e, maturity = 1, and strike goes from 80 to 140??), would we then see a smile? Yes. Market prices for various strikes and a given maturity often have higher implied volatilities from the Black-Scholes model away from at-the-money.   It is not accounted for in the Black-Scholes model in the fact that volatility is not a function of strike, so volatility is assumed to be constant across strikes, but the market does not price options that way. I don't know that a quantitative theory has ever been proven; I've always just assumed that people are willing to pay slightly more for options deep in or out of the money based on their strategy, but I have no evidence to base that theory on."}
{"_id": "228603", "title": "", "text": "Really? Tesla and the gigabit factory are going to be players in a wide range of markets from automotive to power storage.  And the Falcon Heavy is the largest launch vehicle since the saturn V, they are paving the way for commercial space flight.  http://en.wikipedia.org/wiki/Falcon_Heavy"}
{"_id": "228609", "title": "", "text": "\"I have a client who is a janitor, makes over 100k. This is a fact. NYC not being \"\"typical\"\" is the whole point. Cost of living is much higher but still get lumped in with everyone else when they make these arbitrary income cutoffs for things.\""}
{"_id": "228617", "title": "", "text": "&gt; Never said that.  Huh?  Did you NOT say:  * Governments **taxing** people people too much that's causing deflation.  I mean, there are some out there who claim that it's *inflation* that is fiscal. While I also think that's an interesting and particular theory, the theory that *deflation* is fiscal is a view that one just doesn't encounter often. Which is why I'm interested in seeing what sort of sources and/or evidence this theory flows from.   &gt; You don't **believe** taxes are deflationary?  You're asking me what I believe in? I believe in the old-school, neoclassical view on the matter."}
{"_id": "228657", "title": "", "text": "You've already hit on the big difference. If you buy a property, you've made a big commitment, for better or worse.  If you bought wisely, you'll be very happy.  If not, you could go bankrupt. An REIT spreads out the risk, but the reward isn't as great. There's less barrier to entry in buying shares of an REIT than there is in buying an investment property:  money, time, maintenance. The answer for you depends on what level of effort you want to put into your investment.  If you are all ready to pick up an investment property, make the down payment, get appraisal and inspection, clean up the house, and fill it with tenants, then go for it.  Otherwise, research some REITs and buy some shares. (Disclaimer:  I have a rental property that's doing pretty well now.)"}
{"_id": "228668", "title": "", "text": "Yes those are really yields. A large portion of the world has negative yielding bonds in fact. This process has been in motion for the past 10 years for very specific reasons. So congratulations on discovering the bond market."}
{"_id": "228686", "title": "", "text": "Excellent summary.  I'd add a minor point that it's cheaper to setup and run a hedge fund.  The legal fees associated with starting a 40 Act mutual fund are about $750,000.   A hedge fund cane be setup for about $80,000.   It's also cheaper to keep the hedge fund going as the reporting requirements are much less.    source:  Have setup hedge funds and mutual funds. edit:  A word and source. Edi"}
{"_id": "228687", "title": "", "text": "\"If the mods of /r/Economics were better at keeping thinly veiled political posts out of their subreddit, the quality would skyrocket overnight.  I think it might also be \"\"too late\"\" though since they're probably past a critical point where the spillover from /r/politics is so large that the majority of readers now want that content.\""}
{"_id": "228694", "title": "", "text": "\"This is the infographic from the Fidelity. It exemplifies what's wrong with the financial industry, and the sad state of innumeracy that we are in.   To be clear, Fidelity treats the 401(k) correctly, although the assumption that the withdrawals are all at a marginal 28% is a poor one. The Roth side, they assume the $5000 goes in at a zero tax rate. This is nonsense, as Elaine can't deposit $5000, she has to pay tax first, no? She'd deposit $3600, and would have the identical $27,404 at withdrawal time.  And this is pure nonsense -  \"\"Let\u2019s look at the numbers another way. Tom takes the $1,400 he saved   in taxes from his $5,000 pretax contributions, and invests that money   in a taxable brokerage account. That could boost his total at age 75   to $35,445.\"\" The $1400 saved is in his 401(k) already, there's no extra $1400. $5000 went in pretax.  Let me go one more step, and explain what I think Joe meant in his comment below - tax table first -   At retirement, say a couple has exactly $168,850 of income. With the $20K in standard deduction and exemptions, they are right at the top of the 25% bracket.  And have a federal tax bill of $28,925. Overall, an effective rate of 17%.  Of course this is a blend from 0%-25%, and I maintain that if some money could have gone in post tax while in the 10%/15% brackets, that would be great, but in the end, if it all skims off at 25%, and comes out at an effective 17%, that's not too bad.  The article is incorrect. Misleading. And offends any of us that have any respect for numbers. And the fact that the article claim that \"\"87% found this helpful\"\" just makes me... sad.  I've said it elsewhere, and will repeat, there are not just two points in time. The ability to convert Traditional 401(k) to Roth 401(k), and if in IRAs, not just convert, but also recharacterize, opens up other possibilities. It's worth a bit of attention and ongoing paperwork to minimize your lifetime tax bill. Time makes no difference. There is no \"\"crossover point\"\" as with other financial decisions. For this illustration, the results are identical regardless of time.  By the way, in today's dollars, it would take $4M pretax to produce an annual withdrawal of $160K. This number is about top 2-3%. The 90%ers need not worry about saving their way to a higher tax bracket.\""}
{"_id": "228703", "title": "", "text": "\"My recommendation is to shop around for a bank that handles wire transfers in a more sensible manner. Many wire transfers are set up so that you do not need to go physically into a branch. The wire transfer system I use has me initiate the transfer online, then call a dedicated number with a pin to authorise the transaction (24/7/365). I'm on the other side of the world from where the money \"\"is\"\" initially - no branch visit required.\""}
{"_id": "228711", "title": "", "text": "They never patented rounded corners or smooth edges, the lawsuit was over the fact that the Samsung phone was designed to look almost exactly like the iPhone, which *had* rounded corners, amongst a list of other major design features.   That's like if Stephen King sued another writer for plagerizing his book, and suddenly everyone thinks that Stephen King is suing another writer for using verbs."}
{"_id": "228737", "title": "", "text": "&gt;While I agree that luck has something to do with it, most of the successful business owners also put in crazy long hours and submitted themselves to huge financial risk in order to get their businesses started.  So do many of the failures.  &gt;Edit: some people are interpreting this to say that only successful business owners work hard. This is not what I am saying.  ...any longer."}
{"_id": "228740", "title": "", "text": "*Frustratingly, though, there was no evidence that Xu had had any direct contact with Gillespie, apart from one small clue: Xu had once conducted a Google search on one of Gillespie's companies. Had he been checking out a potential partner?*  Did this freak anyone else out? Not that I'm worried about anyone looking at my google searches or anything *cough*"}
{"_id": "228751", "title": "", "text": "&gt;Our first move wasn\u2019t to think. Most entrepreneurs get caught in this what-if loophole. You ask yourself all these questions and by the end of your analysis, you\u2019ve gotten too scared to take action.  My instincts tell me that this is terrible advice, and that these guys just got lucky. But I'll defer to anyone more familiar with the world of quick-to-market manufacturing. Maybe this is the only viable way to run that kind of business."}
{"_id": "228752", "title": "", "text": "\"**Scripps Networks Interactive**  Scripps Networks Interactive is an American media company formed on July 1, 2008, when the E. W. Scripps Company spun off its cable television division as a publicly traded company. Since launching HGTV in 1994, Scripps Networks diversified into lifestyle media, developing relevant content for television, Internet, satellite radio, books, magazines, and on emerging media platforms.In addition to HGTV, its lifestyle media brands include Food Network, DIY Network, Cooking Channel, Travel Channel, Great American Country and ulive.  Scripps is headquartered in Knoxville, Tennessee. The company has additional office locations in New York City; Los Angeles; Chicago; San Francisco; Chevy Chase, Maryland; Atlanta; Detroit; Nashville; Cincinnati; and offices in S\u00e3o Paulo (Brazil), London (UK) and Singapore.  ***  **E. W. Scripps Company**  The E. W. Scripps Company is an American broadcasting company founded in 1878 as a chain of daily newspapers by Edward Willis \"\"E. W.\"\" Scripps. It was also formerly a media conglomerate. The company is headquartered inside the Scripps Center in Cincinnati, Ohio.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "228755", "title": "", "text": "I live in a suburb of Los Angeles so maybe that sort of warps my view a bit. We have 99 Ranch, Vallarta, Jons, and Seafood City all in a 10 mile radius. The range of food I can get is crazy."}
{"_id": "228774", "title": "", "text": "Most of this advice applies to the UK, where I work in motor insurance pricing for a large personal lines insurer, but a lot of it is more general. A loyal customer is usually an overpaying customer. The guiding priciple most financial services companies go by is that there's no point rewarding loyalty except to create it where none exists, i.e. by giving massive discounts to desirable new customers.  Shop around every time your policy comes up for renewal, and whenever your circumstances change. Never allow your policy to automatically renew - you may be charged a higher premium by default if you do! Phone up your current insurer and haggle to see if they can beat the best quote you find - their agents will usually be able offer a discount. If applicable in your country, use price comparison websites. Use at least two - different insurers sometimes offer different rates on different sites, competing harder on some than on others, especially if the price comparison website happens to be owned by one of the insurance companies that quotes on it. One example of this is http://www.confused.com, which is owned by RSA group, a major insurer. If there are no price comparison websites for your country, try purchasing your policy through a broker. They'll get quotes from a panel of insurers and offer you the cheapest. They can be especially helpful if you have a problematic driving history, e.g. drink-driving convictions, as many mainstream insurers will decline to quote for such people. Other suggestions Chris Rea's answer is a good starting point, but I would disagree about cutting back on cover. In the UK at least, many insurers often charge an equal or greater amount for lower levels of cover, because the people who choose these policies tend to be worse risks. Re switching vehicles - a cheap old car will not necessarily be much cheaper to insure than a new expensive one, as you can still injure people with it or crash into other people's cars, and the newer car will probably have better safety features. However, a less powerful and smaller vehicle typically poses less of a threat to others and will therefore be cheaper to insure. Another tactic not mentioned so far is 'reverse fronting'. 'Fronting', where the main driver poses as an additional driver and nominates a less risky driver as the main driver, is illegal, but the reverse - adding a less risky driver as an additional driver - is legal and can sometimes reduce premiums. This is because only one of you can drive the car at any one time, and sometimes it'll be the less risky one. So, especially if you're male and aged < 25, see if adding your safest parent as a named driver makes a difference. If you have the choice of storing your car on a driveway or on the street, get quotes for both and see which is cheaper. If you live in an area where burglary is commonplace, thieves are more likely to steal cars left on driveways, as they can break into the owner's home and steal the keys. If not, the driveway is better, as it reduces the risk of a collision. If you have previously driven another vehicle (e.g. motorbike or moped), or if you've been insured as an additional driver on someone else's car, call up insurers directly and ask if they can offer you a no-claims bonus for this. Quotes from price comparison websites tend to limit you to the numbers of years of no-claims you've accrued as a main driver, and may not reflect your full available no-claims bonus. Extreme measures Some insurers give you the option to install a tracking device in your car that can tell them various things, e.g.  Some people may be uncomfortable sharing this much information with their insurer, but for particularly risky drivers (I'm looking at you, males < 25) it can sometimes result in a substantial saving. One insurer that offers this is http://www.insurethebox.com/. Finally, if every insurer you can find is quoting in excess of \u00a310,000 for a year's cover, you may find it cheaper instead to purchase a vintage agricultural vehicle and get it covered on a specialist farmer's policy: http://www.metro.co.uk/news/864501-teen-quoted-17k-for-car-insurance-resorts-to-driving-tractor"}
{"_id": "228787", "title": "", "text": "Brilliant fact-based objective reality explanation of the world currency markets.  I'm into bitcoin and physical gold investments (yeah, I know, it's like being gay and straight at the same time without being bi), may I ask you a few things later?"}
{"_id": "228792", "title": "", "text": "I recall the following business from the AIDS crisis: viatical settlement But because there were life-extending treatments developed in the 1990s, many third parties which engaged in these took a bath and it's not as common."}
{"_id": "228800", "title": "", "text": "\"The term \"\"tailwinds\"\" describes some condition or situation that will help move growth higher. For example, falling gas prices will help a delivery company be more profitable. Lower gas prices is said to be a tailwind for the freight services industry. \"\"Headwinds\"\" are just the opposite. Its a situation what will make growth more difficult. For example, if the price of beef goes much higher, McDonald's is facing headwinds. It's a nautical term. If the wind is at your back (tailwind), that will help you move forward more quickly. If you are moving into a headwind, that will only make progress more difficult.\""}
{"_id": "228806", "title": "", "text": "Uber is a legal team wrapped in a company.  I bet they didn't even intend on becoming a taxi service or a software company, it was a bunch of lawyers hanging out doing origami with laws and regulations until they realized they could make a killing at it. ^/s"}
{"_id": "228810", "title": "", "text": "No, if your stock is called away, the stock is sold at the agreed upon price. You cannot get it back at your original price. If you don't want your stock to be called, make sure you have the short call position closed by expiration if it is ITM.  Also you could be at risk for early assignment if the option has little to no extrinsic value, although probably not. But when dividends are coming, make sure you close your short ITM options. If the dividend is worth more than the extrinsic value, you are pretty much guaranteed to be assigned. Been assigned that way too many times. Especially in ETFs where the dividends aren't dates are not always easy to find. It happens typically during triple witching. If you are assigned on your short option, you will be short stock and you will have to pay the dividend to the shareholder of your short stock. So if you have a covered call on, and you are assigned, your stock will be called away, and you will have to pay the dividend."}
{"_id": "228852", "title": "", "text": "\"Well... Technically you're right that the law was enshrined in 2015. But you're totally oversimplifying the state of affairs before 2015. Don't forget that the FCC began debating NN in the early 2000's and it wasn't until 2007 that the first actual implementation of throttling was reported. And even then it wasn't a major tiering since it targeted only BitTorrent.    To be clear, the Internet \"\"as we knew it\"\" prior to 2007 was neutral in practice if not direct legislation.\""}
{"_id": "228854", "title": "", "text": "You can accomplish this without paying someone. I've been around friends that hang out in places like this but a little bit shadier. My experience is that the girls just tell you what you want to hear and keep their true feelings and opinions to themselves."}
{"_id": "228855", "title": "", "text": "Calculate a weekly budget for yourself for all incidentals (i.e. shopping, movies, eating out, etc...) and take that amount out in cash each week. For example, if your budget is $75 then try to spend only that $75 on all the extra stuff you do doing the week. It'll make you hyper-conscious of where your money is going and how fast. You'll be surprised at how quickly little things like grabbing coffee in the morning can chip away at your funds."}
{"_id": "228858", "title": "", "text": "\"Short answer: Yes this is a scam. I see three different possibilities how they get you. I will rank them from \"\"best\"\" to worst Scammer A sends 100$ to you. You then follow his instructions and send back 50$ through WU (this is untraceable). He then contacts his bank and tells them he never intended to send that 100$ to you, then bank will then reverse that transaction and give him back his money, leaving you 50$ short. Scammer A hacks or scams innocent person B and either sends B:s money to you or tricks person B to do it. When person B reports this to the police it will look like you were behind the whole thing. The transaction will be reversed leaving you 50$ short and with unwanted police attention (see this article for an extreme example: https://www.wired.com/2015/10/online-dating-made-woman-pawn-global-crime-plot/) The nice person A wants to send money to a criminal syndicate or terrorist organization but don't want to be associated with it. Leaving you 50$ up (hurray) and possibly on a bunch of terrorist watch lists (ouch!). The extra info you provide wouldn't be necessary for any of these scams but I guess it could be nice to have for some regular identity theft. This is by no means an exhaustive list of all that the scammers could do. It's just a short list to show you how dangerous it would be to play along. To state the obvious, don't walk from this person, RUN!\""}
{"_id": "228861", "title": "", "text": "With our \u201cBudget Closeouts\u201d you can save a lot of money as we are agents and Buy closeout Apparel have a more affordable Towels and Bath items than other closeout sources. All products are below general costs. Purchase a few plenty and get even larger discounts."}
{"_id": "228867", "title": "", "text": "I am an mba and a top IT manager for many years for a medium $3B company.   What they teach you in business school is many times either theoretical or not what happens in the real world.   So, yes, many mangers think IT=costs with no returns.   My company, who used to be only $200M 10 years ago, thinks and knows the correct thing. And we are not a software company."}
{"_id": "228871", "title": "", "text": "Please realize that your issuer can close the account for any number of reasons.  Inactivity is one, as having a credit line open costs them money and if you never charge anything, the company doesn't get any transaction fees from vendors nor does the company get to charge you any interest. An occasional charge is likely to keep your card from being closed automatically, but it is not a guarantee. Another reason they may close the account is that you have other bad marks show up on your credit score, or their criteria for offering you the card change so you no longer match their target demographic. I have a credit card issued by my credit union that I have not used for a couple of years. They will not close the card account because my other accounts are still very profitable for them. If I were not an otherwise profitable customer, I wouldn't be surprised if they closed my credit card account. If you are serious about keeping the account open, you should probably have more than a trivial amount of usage."}
{"_id": "228879", "title": "", "text": "you can check google scholar for some research reports on it.  depends how complex you want to get...  it is obviously a function of the size of the portfolio of each type of asset. do you have a full breakdown of securities held? you can get historical average volumes during different economic periods, categorized by interest rates for example, and then calculate the days required to liquidate the position, applying a discount on each subsequent day."}
{"_id": "228889", "title": "", "text": "The best advice I've heard regarding market conditions is:  Buy into fear, and sell into greed. That is, get in when everyone is a bear and predicting economic collapse. Start selling when you hear stock picks at parties and family functions. That said. You are better off in the long term not letting emotion (of you or the market) control your investing decisions). Use dollar cost averaging to put a fixed amount in at fixed intervals and you will most likely end up better off for it."}
{"_id": "228906", "title": "", "text": "I am also curious, and looked into Zopa here in the UK.  One major disadvantage is that it is not regulated by the FSA, so if things were to go tits up I would have absolutely zero protection."}
{"_id": "228917", "title": "", "text": "\"It took me a very longtime to learn that I no longer need to live like a starving student... and even now I live like a well-off student. And that's OK -- my needs and tastes are mostly simple. There's no reason to spend just for the sake of spending... but if you want something, and really can afford it after setting aside savings for retirement and emergency funds and basic operating capital, go for it. It may help to pick out a specific thing you want, or want to replace. My \"\"rules\"\" used to say that i was always allowed to spend money on books, music, and needed tools. Then i convinced myself that shelves are tools for storing other things. And that furniture is shelving for people. And that art, if it really speaks to me, is akin  to books. And that a decent instrument is a tool. And that my time has value, so sometimes it's less expensive in real term to throw money at a problem rather than scheduling my life around it. One step at a time, with all the steps making sense. I will still spend entirely too long agonizing over minor purchases, at times -- but that's about convincing myself that I like the choice I'm making, not about the price  per se. Meanwhile, saving means you can buy things later without having to borrow. The semi-student routine , and waiting until i was ready to buy,is why i had the value of a house in my investments when i was ready to buy one. And is why I'm almost at my target number for retirement well before my planned retirement date. One other thought: if you're comfortable buying gifts for others but don't tend to spend on yourself, you aren't a miser -- just frugal.\""}
{"_id": "228983", "title": "", "text": "\"In a sense, yes. There's a view in Yahoo Finance that looks like this   For this particular stock, a market order for 3000 shares (not even $4000, this is a reasonably small figure) will move the stock past $1.34, more than a 3% move.  Say, on the Ask side there are 100,000 shares, all with $10 ask. It would take a lot of orders to purchase all these shares, so for a while, the price may stay right at $10, or a bit lower if there are those willing to sell lower.  But, say that side showed $10 1000, $10.25 500, $10.50 1000. Now, the volume is so low that if I decided I wanted shares at any price, my order, a market order will actually drive the market price right up to $10.50 if I buy 2500 shares \"\"market\"\".  You see, however, even though I'm a small trader, I drove the price up. But now that the price is $10.50 when I go to sell all 2500 at $10.50, there are no bids to pay that much, so the price the next trade will occur at isn't known yet. There may be bids at $10, with asking (me) at $10.50. No trades will happen until a seller takes the $10 bid or other buyers and sellers come in.\""}
{"_id": "228985", "title": "", "text": "I wrote a story on Reddit about being a black man not able to catch a cab in DC, Uber pays people to post online about how they're better than taxi cabs. They spammed my post with promo for their service. They also downvoted my comments that asked them why they were promoting during that specific time, and then they downvoted the entire thread once it stopped going in their desired direction. I then realized how diabolical they were at controlling their internet promo/image and decided to not use their service ever.  There is a big difference in providing a cost-effective and high quality service versus just promoting a service online. i don't think they know the difference. The minute their competition dies, I'm quite sure they'll go back to being the same as everyone else. Also I'm pretty sure they're in this thread already."}
{"_id": "228990", "title": "", "text": "Why should one of the most profitable companies in the world, with over a million employees be forcing their workers to work less than a full 40 hour shift, and thereby deny them the basic benefits all other fulltime workers get?  Why does costco turn such a nice profit while treating their employees with respect and paying them well, all the while providing great customer service.....?  Just because you've seen unions put out poor service, does not mean their non-union equivalents are any better.  Capitalism is merely a tool that is supposed to benefit the people. As soon as capitalism starts to harm the people, it's time to put some rules in place to level the playing field. Unions are a means for workers to keep their employers in line; yes, they do sometimes go too far, but so does big business."}
{"_id": "228992", "title": "", "text": "Its participating preferred with a 1x liquidation preference. Very unfriendly for the company owner. Most startups these days are seeded with convertible notes because there's less thinking about the valuation of the company; that question is booted to the series A. its also easier to draw up the legal docs; pretty much a standard loan agreement. Finally, it can be far friendlier for the owner depending on if the note is an uncapped note. This is expensive financing and your friend can definitely find cheaper money if he looks for it."}
{"_id": "228997", "title": "", "text": "I just read this: Housing and inflation  Adjusted for inflation the price of a house has increased a miniscule amount. A better investment would be an ETF that buys REIT stocks. You would be investing in real estate but can cash in and walk away at any time.  Here is a list of mREITs: Stockchart of REITs"}
{"_id": "229026", "title": "", "text": "\"For sake of simplicity, say the Euro is trading at $1.25. You have leveraged control of $100,000 given the 100x leverage. If you are bullish on the Euro, you are long 80,000 euros. For every 1% it rises, you gain $1000. If it drops by the same 1%, you are wiped out, you lost your $1000. With the contracts I am familiar with, there is a minimum margin, and your account is \"\"marked to market\"\" each night. If your positive balance drops too low, you get the margin call. It's a zero sum game, for every dollar you make, there's a guy on the other side of the trade. Odds are he's doing this full time and is smarter than you.\""}
{"_id": "229037", "title": "", "text": "\"No, I agreed with a situational abstract a few comments ago. The moment you say that the Government has a responsibility to provide anything, you get into what exactly that thing is (in this case a \"\"stable environment\"\").  I agree with the founding fathers.   Life  Liberty  The Pursuit of Happiness\""}
{"_id": "229041", "title": "", "text": "Color Doppler is an ultra sound scanner device used to estimate blood flow. EASTMED brand offers Color Doppler with stable image performance and diverse applications. The device is equipped with superior image quality, comprehensive functions, high cost effectiveness and mobility, which make it applicable to different body scans and clinic departments. It has made the diagnosis and treatment of blood related diseases much easy."}
{"_id": "229044", "title": "", "text": "I'm a little confused -- you stated you're an accountant and that they are given a card, but in your reply, you are guessing and referring to other accountants instead of talking about your experience. Have you had any clients with the JPM Palladium, Centurion, Stratus, Coutts or First Royale cards? I know for a fact that 1% doesn't max out on Centurion (an individual purchased $170 million art at an auction and paid with his Centurion, earning him 170 million miles -- a lifetime of free travel)"}
{"_id": "229054", "title": "", "text": "It's all about keeping your employees happy and ensuring they feel like they're part of something other than a job. Make them feel like they're part of a family and support system. Throw in other things besides pizza parties once a month. Have corporate parties at your house on a weekend, or frequent happy hours. Have an employee of a month kind of thing or recognize your employees for the hard work they do. BUILD, SUPPORT, and SUSTAIN."}
{"_id": "229061", "title": "", "text": "&gt; If a business operates in the US, makes money here, has physical infrastructure and employees here, and utilizes our infrastructure I don't see how you can say that the US doesn't deserve any of that.  For fuck's sake, this isn't rocket science. Taxes made on profits from goods and services sold in the U.S. are ALREADY taxed in the U.S.  We are talking about profits from GE making engines in Germany and selling to the EU."}
{"_id": "229067", "title": "", "text": "How many ways must I point out that though the classical methods accomplish a lot, they are failing now?  The embrace of Capitalism has reached the point where the failings become much more obvious.    This doesn\u2019t mean we throw out the whole thing because part of the model doesn\u2019t work.  Which, by the way, also seems to be the popular response lately!  \u201cPart of it doesn\u2019t work?  Throw the whole damn thing out!\u201d  Surely the fact that this issue is such a sensitive and popular topic points to real issues that haven\u2019t been addressed, yes?  So the current system IS NOT working as we\u2019d like.  No matter how much data you gather, if the information fails to account for the situation we are observing (our unrest, income inequality issues, falling labor worth, rising cost of living), then data is incorrect for the full situation.  If the system refuses to recognized data due to police rival or religious beliefs, or any other ideaology, the system is now at fault for putting the ideaology above reality.  And I have not rebutted anything I felt was fine.  Why would I?  Do you think I disagree with every point you make?  Should I?"}
{"_id": "229068", "title": "", "text": "The article doesn\u2019t show Obama targeting big cable specifically (at least in the parts that I can read, as the rest requires an account).  Secondly, I have been personally involved in this expansion of high speed to schools, which I know from vast personal experience need the speed badly.  Some have had only 1.5Mb/s to feed a school of 100 students.  Now the main internet companies out in our rural areas are getting competition because of these subsidies, by providers who are wliking to do the work to get high speed internet to these more remote location.  I happen to be on the front lines of this situation, actually.  What this is doing for the schools is rather amazing and sorely needed.  What it has done for competition in my area at least was also sorely needed.  So . . . I\u2019m not really seeing the same issue from This particular subsidy."}
{"_id": "229069", "title": "", "text": "\"It is called context. You want to drop context to make your comment seem less silly. You could just say \"\"oh hey man, thats not what I meant\"\" but instead you want to play semantics and try your best to be technically correct in your head. Ok so you win, if we drop the context of this discussion and leave your comment in a void it says one thing. In the context of this discussion it says another. To some readers in this context some will see you as correct contextually because they agree with you, some will see you as correct technically because this is reddit and we have a hard-on for technicalities and then others like myself will look at the context and expect some sort of continuity with the context here.   You could try to clarify your comments understanding that we perhaps are not all best selling writers or you could get your parts in a knot and start an argument on the internet. what you do from here is up to you.   EDIT: Also you never did answer my question about high school/GEDs being good enough in your world are we dodging or are you just that fired up that I want to apply context to your statements?\""}
{"_id": "229077", "title": "", "text": "\"Confused on amortization of intangibles.   Let's say I'm running a DCF on a firm that has lots of valuable customer contracts. Those contracts are amortized over 10 years. The annual intangible amortization amount is pretty high.  However, nowhere in their 10K do I see a correspondingly high CapEx number. Based on the footnotes, it seems that the contracts are \"\"cheap\"\" to acquire (just sales people salary) and don't have high CapEx.  Fundamentally I don't understand how they can amortize something at a rate higher than its cost basis (in terms of upfront cash out the door).\""}
{"_id": "229110", "title": "", "text": "CEOs are compensated with stocks and options on top of their salary. Most is in the form of stocks and options. You may see them with a fancy car, but they don't necessarily possess the car, house, etc. They merely control it, which is nearly as good. You may lease it, or time share it. It might be owned by the company and provided as a perk.  To earn a million, there are 4 ways: a job, self-employed, own a business, and invest. The fastest way is to own a business. The slowest way is a job or self-employed. Investing is medium. To learn more, read Rich Dad's Cashflow Quadrants."}
{"_id": "229112", "title": "", "text": "Part of the costs to the insurance company is dealing with all those different billing parties. Reduce those costs and then more ideally goes to care.  That is the goal/promise.  That is the simplest way to see a cost savings.  There are details that most people won't ever understand. Without it, the costs will just stay high to support the extra expenses."}
{"_id": "229118", "title": "", "text": "I'd think that liquidity and speed are prioritized (even over retail brokers and in come cases over PoP) for institutional traders who by default have large positions.  When the going gets tough, these guys are out and the small guys - trading through average retail brokers - are the ones left holding the empty bag."}
{"_id": "229119", "title": "", "text": "Market Watch has an IPO calender with details of upcoming IPOs that should provide most of the information you need."}
{"_id": "229134", "title": "", "text": "\"To receive unemployment benefits, you must be registered with an employment agency and be actively seeking work, and be willing to accept work should it be offered to you. As a full-time Cornell University student, as you describe yourself, this does not seem a likely scenario. Also, you need to have established a state of residence. It is not clear to me that you have done so, given your travel between the South Pacific, Ithaca, New York, North Carolina etc. You should check with your local state unemployment office in New York State, or perhaps North Carolina, although I don't know if you satisfy residency requirements in either state. They will be able to confirm however. Are your parents claiming you as a dependent on their federal income taxes? If so, I do not believe that you will be able to file for unemployment benefits, regardless of your student status at Cornell University.  One more issue to consider: Have you filed tax returns for the income you received from your television production work? I am uncertain of the amount, as you said that you worked for two 4-month intervals making $10,000. That implies $20,000 of earnings over two years. Yet your bullet point number 7 states that you made \"\"10 grand each of the four months\"\". If that means that you made $10,000 per month for four months, then you earned $40,000 per summer, for a total of $80,000 for two summer's worth of work. I don't think unemployment benefits are intended for individuals in your situation.\""}
{"_id": "229143", "title": "", "text": "Interesting, but I don't think we are talking the same thing. This seems to say that that the fund itself doesn't have the rule applied: I.E. the MF can't get hit with the 5% commission when you buy it.  That makes sense.  What I'm asking though is that when my (say) American Fund that I own already does a rebalance, the constituent holdings change. Those securities are not exempt from the rule and thus when they are transacted can have commissions applied.  As a matter of fact the broker for those securities has no idea if the fund is eligible or not.   Where did you get this from? As I'm. It studying for a series 7 I'm probably missing some foundational sources."}
{"_id": "229149", "title": "", "text": "I forgot to respond to this comment. WorldQuant is nothing like MIT, Harvard, or the CFA institute.   You only need to take a look at their courses to see that. Where Compare their syllabus with the top 20 MFE programs:  https://www.quantnet.com/mfe-programs-rankings/  Where are their math courses? (Look for page 38)  https://wqu.org/wp-content/uploads/2017/01/WorldQuant-University-Catalog-Volume-2-1_10_17.pdf?v=76cb0a18730b%E2%80%9D  Compare with:  [University of Chicago's Financial Mathematics](https://finmath.uchicago.edu/page/five-quarter-track)  [NYU's Mathematics in Finance](https://math.nyu.edu/financial_mathematics/academics/courses/)  [Columbia Universities Financial Engineering](http://ieor.columbia.edu/concentration/259)  It's nowhere as rigorous as these programs. Key components of education in risk, derivatives modeling, stochastic calculus and more mathematics is completely missing. Not to mention there isn't even C++ as a requirement which is a must know for financial engineers."}
{"_id": "229152", "title": "", "text": "\"Annnd cue the wall-o-text.  Hokay, so here ya go. I'm the son of a commercial/industrial plumber who has been in the business for the past 28 years and does ~$2M/yr. in sales. First of all, you need to determine your target market. If he's planning on primarily doing residential work (i.e. fixing toilets, snaking drains et cetera) he may want to re-think things. Residential plumbers are typically not very well-paid, nor are they really well-liked (people assume that you're automatically an idiot or that you are trying to screw them in regards to your pricing). Commercial and industrial plumbing is where any money is at if he doesn't want to have a crew of 30-50 plumbers on-call 24/7, including holidays and weekends.   If he's interested in making a lot of money, he's got to first determine if he wants to be an open or closed shop (union status). Having a unionized company can sometimes grant you the ability to be awarded specific contracts for governmental bids on various buildings and schools, but these contracts are typically pretty difficult to get. Also, even if you do get the job, you're contractually obligated to use only unionized labor on the project, which can be to your benefit or to your detriment depending on the worker they send you. The other issue is that if you go for these types of contracts, there are plenty of other companies that you'll be competing against that have been in the business a long time and who already have pretty well set-up contacts for receiving that type of work. Also, as an aside, lettering your truck (putting a decal on the side or anything more than your plumbing license number) is typically union-only. This act typically differentiates unionized companies from non-union companies.   Next, he must decide what area of plumbing he wants to specialize in. There is process plumbing, fire sprinkler, medical gas piping, et cetera that he can choose to do that can focus his company into more of a niche market, granting him more work and higher prices for his work. This is your cash cow. Milk that bitch for all its worth.   As far as getting leads for work, you're going to want to sign up for Blue Book for construction leads. This may seem like a lot of money (a few hundred a month or so) but the leads it provides you with in terms of bidding for work is invaluable. If you want, you can set up a website, but honestly, I would say that it isn't worth your time in this field. We've had a website for a few years and get &lt;100 hits/month on it even with Google Adwords just because this is not the type of industry where people (at least commercial and industrial owners) go to in order to find their subcontractors. Also, sign up with the Subcontractor's Association in your area. They provide you with leads and refer you out to other members and can provide you with new business on a regular basis.    You're going to want to keep track of EVERYTHING. Larger jobs are best kept in 4-6\"\" binders where they are sectioned off via tabs for quick reference. This will assist in keeping the jobs straight, keeping plans together, correspondence, quotes, materials, hours and everything else. It's taken us years to figure out a good method, and this has been the best one we've come up with to this point. Typically if a job is &lt;$30,000 then it gets its own binder, otherwise it just gets a typical manilla file folder.   One thing to also keep in mind as you grow is to keep your shop as locked up as humanly possible. You may think that Joe Schmoe from down the street will be the one who is most likely to steal from you, but you'd be dead wrong. It's your employees. Tools have a way of walking out of your shop and getting 'lost' on job sites, or just simply are not returned, and it can get out of hand VERY quickly. A camera system is a very VERY good investment for this purpose.   And since I'm dead tired at this point, I'm going to leave this for now, but I'll be back to edit it to add in some more points if you're interested.  =D\""}
{"_id": "229153", "title": "", "text": "\"Gold has value because for the most of the history of mankind's use of money, Gold and Silver have repeatedly been chosen by free markets as the best form of money. Gold is durable, portable, homogeneous, fungible, divisible, rare, and recognizable.   Until 1971, most of the world's currencies were backed by Gold.  In 1971, the US government defaulted on its obligation to redeem US Dollars (by which most other currencies were backed) in Gold, as agreed to by the Bretton Woods agreement of 1944.  We didn't choose to go off the Gold Standard, we had no choice - Foreign Central Banks were demanding redeption in Gold, and the US didn't have enough - we inflated too much.   I think that the current swell of interest in Gold is due to the recent massive increase in the Federal Reserve's balance sheet, plus the fast growing National debt, plus a looming Social Security / Medicare crisis.  People are looking for protection of their savings, and they wish to \"\"opt-out\"\" of the government bail-outs, government deficits, government run health-care, and government money printing.  They are looking for a currency that doesn't have a counter-party. \"\"Gold is money and nothing else\"\" - JP Morgan \"\"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.\"\" - Alan Greenspan\""}
{"_id": "229157", "title": "", "text": "\"No, you cannot do that. You can't just debit someone because \"\"he said so\"\". You'll need a document in writing, that would show the routing number, account number, the amount to withdraw and who is allowed to withdraw it. This document must be signed by the account owner and dated. Usually, these documents are called \"\"checks\"\". But legally speaking, in most countries you can write this on any piece of paper and it would be valid. But better use a standard check. Once you have a check - you can cash/deposit it in any bank, that part is true.\""}
{"_id": "229177", "title": "", "text": "As a tenured professor, has your SO done any grant or departmental budgeting? If so, perhaps you can ask how your SO managed that and can apply the same techniques to the household budget. If your SO plans to become Chair or move into administration,  budgets will be necessary.  Although this may frighten you SO and backfire,  you should also speak about what might happen if you become ill or otherwise unable to manage the finances.  Does your SO have any financially savvy friends or colleagues? A more independent voice may help."}
{"_id": "229179", "title": "", "text": "\"I'm surprised there's so little sympathy for the model here. Her image was used in a sexual context without her awareness or consent. What BK did was probably legal but definitely immoral. If a male model sold the rights to a picture of his face would it be OK to make billboards saying \"\"This is the face of an abuser\"\"?   As for the reaction to her using the word \"\"rape\"\", yes it was probably unnecessary and insensitive on her part. However, she quite reasonably feels violated in a sexual way and was drawing attention to that. I don't think that a poor word choice should distract us from the fact that she has a very reasonable gripe with how her picture was used.\""}
{"_id": "229191", "title": "", "text": "\u0110\u1ec3 tr\u1edf th\u00e0nh Trader chuy\u00ean nh\u1eadn \u1ee6y th\u00e1c \u0111\u1ea7u t\u01b0 l\u00e0 m\u1ed9t s\u1ef1 thay \u0111\u1ed5i l\u1edbn trong t\u01b0 duy, tr\u1ea3i nghi\u1ec7m, tr\u1ea3 gi\u00e1 cho s\u1ef1 nghi\u1ec7p Trade. Jimmy h\u1ea1nh ph\u00fac khi tr\u1edf th\u00e0nh Trader m\u1eb7c d\u00f9 c\u00f3 nh\u1eefng th\u1eddi \u0111i\u1ec3m thua l\u1ed7 li\u00ean t\u1ee5c \u0111\u1ebfn m\u1ee9c Jimmy kh\u00f4ng c\u00f2n 1 xu d\u00ednh t\u00fai nh\u01b0ng b\u00f9 l\u1ea1i, m\u1ed7i \u0111\u1ed3ng ti\u1ec1n m\u00e0 Jimmy ki\u1ebfm \u0111\u01b0\u1ee3c \u0111\u1ec1u l\u00e0 nh\u1eefng \u0111\u1ed3ng ti\u1ec1n khi Kh\u00e1ch h\u00e0ng c\u1ee7a Jimmy th\u1eafng.  C\u00e1 nh\u00e2n Jimmy v\u00e0 Jimmy Group ph\u1ee5c v\u1ee5 c\u1ed9ng \u0111\u1ed3ng tr\u01b0\u1edbc khi ph\u1ee5c v\u1ee5 cho b\u1ea3n th\u00e2n m\u00ecnh =&gt; c\u00f3 th\u1ec3 xem l\u00e0 h\u00e0nh \u0111\u1ed9ng c\u1ee7a s\u1ef1 chu\u1ed9c l\u1ed7i c\u1ee7a c\u00e1 nh\u00e2n Jimmy \u0111\u1ed1i v\u1edbi anh Ph\u1ea1m Trung H\u01b0ng \u2013 ng\u01b0\u1eddi kh\u00e1ch h\u00e0ng \u0111\u1ea7u ti\u00ean \u0111\u00e3 nu\u00f4i Jimmy \u2026 trong khi Jimmy ko gi\u00fap anh H\u01b0ng chi\u1ebfn th\u1eafng \u0111\u01b0\u1ee3c =&gt; \u0111\u1ec3 anh H\u01b0ng ph\u1ea3i thua l\u1ed7 th\u1ea3m h\u1ea1i \u2026 (trong n\u0103m 2010)  Cam k\u1ebft c\u1ee7a Jimmy v\u00e0 c\u00e1c th\u00e0nh vi\u00ean c\u1ee7a Jimmy Group l\u00e0 lu\u00f4n lu\u00f4n \u0111\u1ed3ng h\u00e0nh c\u00f9ng Nh\u00e0 \u0111\u1ea7u t\u01b0 chinh ph\u1ee5c Th\u1ecb tr\u01b0\u1eddng \u0110\u1ea7u t\u01b0 T\u00e0i ch\u00ednh, kh\u00f4ng bao gi\u1edd ph\u1ee5c v\u1ee5 cho nh\u1eefng \u0111\u01a1n v\u1ecb l\u00e0m \u0103n gian d\u1ed1i nh\u1eb1m l\u00f9a Nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c s\u00f2ng c\u1edd b\u1ea1c \u0111\u1ec3 \u0111\u1ed1t ti\u1ec1n mua c\u1ea3m x\u00fac !"}
{"_id": "229198", "title": "", "text": "It would depend on the market you are in, state/city. 15k isn't a lot to get started on anything really serious. As for kicking the guy out? Wouldn't that take money away from your father from rent? If you know anything about PC repair, you can go get your A+ cert and setup shop in your home, and leave the money coming in for rent. Build up a client base and when you start growing, rent your own space or then kick the guy out. Crawl, before you walk. It seems you want to start out running.   Overall, I would just say look at your local market, and figure out what they are in need of, then go from there. That is the safest way you could possibly use the money.   If you know anything about cars, you can go to auctions, and ads in the paper, buy cars, fix them or put them up for sale. Ideally you could buy about 3 or 4 cars with that money, then make about 1k on each by reselling. Depending on your area after 3 cars in x amount of time, you may have to get a dealers license."}
{"_id": "229212", "title": "", "text": "&gt;So what you're saying is if the janitor got a degree in a lesser paying field, he should be entitled to that 100k as a janitor. Ok.   Nope. I did not say that. How you got that  from what I said is beyond understanding. Perhaps  you should really learn  basic logic. Or you are just a fucking asshole who  repeatedly ignores what has been said and pretends something else was said. Again because your small brain cannot comprehend this a janitor is not entitled to a  better pay because special skills are not required to do his job and anyone can do it. Doesn't matter how many degrees the janitor has if he is not using those skills.    &gt;Just because you went to college doesn't mean your job takes more skill, or is harder.  True. Finally you made a true statement. Here would you like a gold star and a sticker? Sadly for you noone has said that just because you went to college your job requires more skills or is harder. Alas the janitor job requires neither skill nor knowledge and is therefore going to remain a lower class job that is badly paid (compared to the area's cost of living).  &gt;My ex also has a brother who didn't go to college and got a bomb ass job at EA games as a programmer. I guess he deserves minimum wage.   You are beyond retarded. There are other ways to get skills besides college. Your ex's brother acquired them, got a job that uses them and is getting a salary better than your no special skills needed janitor."}
{"_id": "229216", "title": "", "text": "The stock market is not the economy you dimwit. Also, it takes several months for economic policy decisions to take effect, as others have pointed out, so current economic situation is largely the effects of the previous administration.  This doesn't mean Trump is doing a bad job, it's just too early to tell for the time being. So stop being a stupid cunt and sucking Trump's proverbial cock, the man doesn't even know you exist and he's not an emperor and you shouldn't act like a peasant grovelling to get his grace bestowed upon you, you fucking dirt farmer."}
{"_id": "229221", "title": "", "text": "\"Last week I bought a Toyota RAV4 XLE that comes with Driver Assist (will steer you car if you are not in the lane), stop the car is slower speed if you are about to hit another car or pedestrian, Radar to keep distance and avoid slowing cars in cruise control, automatic high beam, etc.  I called my insurance and asked if there are any discounts for all these safety features.  They said \"\"No!\"\", but I do get a discount of passive anti-theft which is now standard on almost every car.  It will take the insurance industry 10 years to start giving discounts for this new safety devices... because, meanwhile, they don't have to give discounts and keep all the money.\""}
{"_id": "229225", "title": "", "text": "\"Wikipedia says \"\"The Canadian Securities Course (CSC) offered by the Canadian Securities Institute (CSI) is the initial course required for becoming licensed to work within the Canadian securities industry (outside Quebec) as a securities dealer or securities agent.\"\" Src: Candian Securities Course EfficientMarket Canada adds \"\" You require it and further courses for other jobs in the investment industry. Generally some work experience is also required. All of this is governed by various self-regulatory agencies. The material in the course is strong on money making products, and fairly weak on material that would actually protect a consumer from harm. Passing the course is very little indication that you understand what's important about investing, for example, you won't be taught much of anything about the theory of investment, or the markets, or things like the efficient market hypothesis.\"\" Src: EfficientMarket.ca on the CSC So it appears that the CSC is necessary to work as certain types of financial agencies. That being said, I doubt it will be enough to get your foot in the door. This seems more like a prerequisite rather than a true qualification, so you'll be competing with MBAs/Finance students and other people who either have experience or training in the financial industry. I'd recommend you look into the Chartered Financial Analyst (CFA) certification as that will provide you with a rigorous knowledge of financial theory as well as asset management, which seems more appropriate for what you'd like to do. From there you'll have to network like crazy and leverage your experience to get in at a Canadian financial firm and eventually wealth management. So yes, I suppose a CSC is a good first step but more will certainly be required and I doubt it will be enough to land you a full time position.  Another important factor is age - nobody expects undergrads to have extensive certifications or experience, but it's harder for a 35 year old to enter a new industry, especially finance.\""}
{"_id": "229229", "title": "", "text": "La empresa ofrece los mejores servicios de visado. Proporcionamos el diverso tipo de servicios de visa, tales como visa de la educaci\u00f3n, negocio, y vacaciones para Canad\u00e1. B\u00e1sicamente, c\u00f3mo solicitar la solicitud de visa de. \u00bfCu\u00e1nto tiempo tomar\u00e1 procesar mi solicitud de permiso de estudio? Los tiempos de tramitaci\u00f3n var\u00edan dependiendo de d\u00f3nde se solicita la visa de BOEX. Como aplicar a la visa de estudios en Canad\u00e1 los residentes que solicitan en otros el tiempo de procesamiento promedio es de pocas semanas despu\u00e9s de que sus documentos est\u00e1n con la embajada. Si usted solicita de Canad\u00e1, si la confirmaci\u00f3n de la visa de estudio, entonces un retraso adicional puede ser incurrido mientras que este proceso concluye."}
{"_id": "229239", "title": "", "text": "Insurance isn't an investment.  It's a hedge against your untimely death, and is meant to replace the potential income that will be lost by not having you there to provide for your family. Buy term, and invest the difference.  Traditional investments will outperform the insurance fund, as well as offering more flexibility."}
{"_id": "229242", "title": "", "text": "A synthetic position mimics the payout of a financial instrument.  Synthetics are attractive when the liquidity/availability of an instrument is low or there is a mismatch in fees or values of the synthetic's components which could lead to arbitrage.    In speculative trades, the seller of a CDS takes a positive view of the credit worthiness of the underlying security.  The buyer of a CDS has a negative view of the credit of the underlying.    So in this example, there is a limit on buying or shorting corporate bonds by how many bonds the company has issued, and the value you have to invest in the bond itself, so if you wanted heavy exposure to this company's credit; you would be limited by how many you could buy.  Whereas with a CDS you can mimic the performance with a synthetic position; and as long as there is someone to take the other side of it, you can buy or sell however many you want and have more exposure than the debt the company issued would allow on its own.  Hope that makes some sense."}
{"_id": "229245", "title": "", "text": "Jesus...you're hopeless. You can read the emails yourself online. No classified information was shared. Just boring emails. GOP officials have also used private email servers.   Do research so you stop making the alt-right as stupid as it is."}
{"_id": "229246", "title": "", "text": "There are a couple of advantages that I can think of.  Since the machines are less complicated because they don't have to handle cash, they are less expensive and require less maintenance. Machines that handle cash require lots of moving parts.  Cash machines require lots of employee interaction. The machines need to be stocked with cash each day, and at the end of the day the cash needs to be taken out and counted. With a cashless machine, the computer does all the work."}
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{"_id": "229251", "title": "", "text": "USPS has a much more complicated business then delivering packages. It also provides many more benefits to employees than something like FedEx. FedEx and UPS would figure out how to deliver a letter, but if you think they are going to your house everyday for the cost of a stamp you are mistaken."}
{"_id": "229254", "title": "", "text": "Yeah, it can be a scam.  Lots of unscrupulous companies try to generate commissions by encouraging frequent trading - I can't recall the term they use right now, but I don't like to use these people for advice.  My bank has 100 free trades per year for each account, which is more than enough for me to never pay a commission."}
{"_id": "229258", "title": "", "text": "If wages are so bad, why don't these people go work somewhere else? You know, like a local store that pays better?  They can't, you say? They can't because Wal-Mart drove local stores out of business?  If only consumers had cared more about keeping their community alive instead of getting 5% lower prices on their groceries..."}
{"_id": "229271", "title": "", "text": "\"There is only one book worth reading in my opinion: One Up on Wall Street. It's short and no other book even comes close to it for honesty, correctness and good sense. Also, it is written by the second most successful investor of all time, Peter Lynch. The Intelligent Investor has some good technical content, but the book is dated and a lot of it is irrelevant to the modern investment environment. When I was younger I used to ready books like this and when a friend of mine asked for investment advice. I said \"\"Look at stocks with a PE ratio of 5-10\"\". A few days later he comes back to me and says \"\"There are none\"\". Right. That pretty much sums up the problem with the I.I. Graham himself in interviews during the 1970s said that his book was obsolete and he no longer recommended those methods.\""}
{"_id": "229276", "title": "", "text": "Looking to buy a house soon, but I want to do this as well to safeguard my credit. Should I still go through with it even though I need lenders to be able to get to my info? Or rather, say I have it locked, then unlock it for the lenders... do I need to repeat this process and pay $10 x 3 again?"}
{"_id": "229282", "title": "", "text": "It's a Firefox extension named Murdoch Block copy.rev2.3 and it blocks all websites owned by Newscorp. It gives you the option to view a Google cached version of the page, which I believe prevents Newscorp from gaining any advertising money from the pageview."}
{"_id": "229284", "title": "", "text": "\"lol he's been called out on /r/borrow by /u/FoxK56 plenty of times yet still keeps on going. Goddamn energizer bunny with wasted energy.  /u/iceman1800 - go become a gigolo with your \"\"supremely good looks\"\" so that you can stop asking/scamming for money and stop thinking about idiotic business ideas. They really aren't ideas. There's a reason your posts/comments get deleted and it's for the safety of the various Reddit communities.\""}
{"_id": "229285", "title": "", "text": "&gt;\u201cGrowing debt . . .  would increase the probability of a sudden fiscal crisis, during which investors would lose confidence in the government\u2019s ability to manage its budget and the government would thereby lose its ability to borrow at affordable rates.\u201d  I suppose it's too much to ask that the CBO understands how our monetary system works.  Do they honestly believe that we rely on investors to loan us a currency we can make in unlimited quantities?  The only way the U.S. could default is if congress decides to stop paying off our debts."}
{"_id": "229293", "title": "", "text": "If the VAT is offset by not having to pay for employees health insurance, then I wonder what net effect it would have on goods?  Also, if the employees are no longer paying for their share of the employer funded health insurance, then that would, effectively, be more money in the employees pockets.    You're right though, it all comes down to what the numbers look like."}
{"_id": "229299", "title": "", "text": "the blockchain introduces scarcity to the internet. BTC is nothing but the first mover and a storage of value.   ETH has a huge real-world application side. Just think about the reduction in financial intermediation or interbank lending.  There are a lot more cases, i.e. putting your last will into the coin. Basically, you can program whatever you want into the the blockchain of ETH.   There is a lot of literature about it, just look it up. It is the internet 4.0 and here to stay in some form or another.  go to r/ethtrader to find out more and the how to  Edit: what I can gather is that the BTC hype is punishing all other Alt coins right now. So if you believe that this is temporary, then this right now is a dip to buy."}
{"_id": "229305", "title": "", "text": "My entrepreneurship prof said that in most cases if you really believe in your product/idea and it is differentiated from what exists already, you can afford to have someone steal your idea and try to make a go of it because you should still be able to do a much better job of it than they can, and their heart isnt in it the way yours is.   I think ultimately it really depends on the product though. You definitely don't want to try going 2nd to market against someone with superior resources unless you can 100% beat their version of the product by a good margin (either on price or quality and hopefully both) and you can scale up quickly"}
{"_id": "229310", "title": "", "text": "Government default doesn't mean that all US money is immediately worthless.  First, the bondholders will get stiffed.  Following that, interest rates will shoot up (because the US is a bad credit risk at this point) and the government will monetize its ongoing expenses -- i.e., fire up the printing presses. If you're concerned about not having access to your money, start pulling out a little extra when you get cash at an ATM.  Build it up over time until you have enough currency to weather through whatever emergency you envision with your bank account."}
{"_id": "229338", "title": "", "text": "Im still learning. Medicine is very much hell to get thru school if you hate memorizing. I hate memorizing. But 80 hours a week for life sounds like hell too when I can just do 50 and make 200 k .   Im considering going back to engineering as well."}
{"_id": "229354", "title": "", "text": "Nothing happens. A bank is a business; your relationship with the bank doesn't change because your visa or immigration status changes. Money held in the account is still held in the account. Interest paid on the account is still taxable. And so on. If the account is inactive long enough, abandoned account rules may apply, but that still has nothing to do with your status."}
{"_id": "229364", "title": "", "text": "Dollar-Cost averaging will allow you to reduce your risk while the stock prices falls provided: You must invest a fixed amount $X on a fixed time scale (i.e. every Y days). By doing this you will be able to take advantage of the lowering price by obtaining more shares per period as the price falls. But at the same time, if it starts to rise, you will already have your pig in the race.  Example: Suppose you wanted to invest $300 in a company. We will do so over 3 periods. As the price falls, your average dollar cost will as well. But since you don't know where the bottom is, you cannot wait until the bottom. By trying to guess the bottom and dumping all of your investment at once you expose yourself to a higher level of risk."}
{"_id": "229369", "title": "", "text": "How so? Just because you can't test for something means it should be thrown out of consideration?  Now I don't think that cheating the Antibiotic-free classification is rampant but I would consider the possibility in my purchases. I'm more likely to buy from a vendor that is known to work closely with its suppliers to maintain quality than ones who have not. If I see something  with an organic label selling below market cost from a questionable vendor, I won't have blind faith that the product is what it alleges to be."}
{"_id": "229397", "title": "", "text": "\"I would suggest reading through page 1 of the Arizona Nonresident form instructions at the web address below: https://www.azdor.gov/Portals/0/ADOR-forms/TY2015/10100/10177_inst.pdf To quote: \"\"You are subject to Arizona income tax on all income derived from Arizona sources. If you are in this state for a temporary or transitory purpose or did not live in Arizona but received income from sources within Arizona during 2015, you are subject to Arizona tax. Income from Arizona sources includes the following: ...the sale of Arizona real estate...\"\"\""}
{"_id": "229428", "title": "", "text": "&gt; The company gained 850,000 streaming subs in the U.S. and 4.45 million overseas in the period. Analysts had estimated Netflix to add 784,000 net subscribers in the U.S. and 3.62 million internationally for Q3.  Better than expectations by far. Wonder what happened there? Is Netflix OC driving that?... it can\u2019t be other content, they\u2019re bleeding non-OC content"}
{"_id": "229429", "title": "", "text": "Wow\u2026.I\u2019m sooo glad I read your advice &amp; tips on names headlines &amp; a title? It Really made me think about it\u2026I had one in mind\u2026but not now\u2026it definately isn\u2019t the one..Thanks so much\u2026\u2026.Mine will be a catchy one."}
{"_id": "229432", "title": "", "text": "Data. The panel consists of executives from PayPal, Credit Suisse, WorldQuant, &amp; SoFi and they essentially discuss how quantitative data is becoming more and more critical in the space of finance. They discuss the declining need for human capital and the use of automation (floors and floors of traders vs. floors and floors of servers)."}
{"_id": "229436", "title": "", "text": "Typically you give a loan to the company from yourself as a private person, and when the company makes money the company pays it back to you. Then the company pays for all the expenses with the money from the loan.  Even if you don't want a business account yet, you can probably ask your bank for a second account (mine in the UK did that without any problems)."}
{"_id": "229445", "title": "", "text": "I'm not an extremist, I have rational normal delusional thoughts with no basis in reality that has me do things like cut off the tip of my sons penis at birth because I dont know why LOL, I'm normal!"}
{"_id": "229449", "title": "", "text": "There are just too many places to get decent pastries these days. Practically every podunk town has a Starbucks or something similar, and even most supermarket bakeries make pretty solid muffins, danishes, etc. The niche for quick, sweet snack food is pretty saturated with stuff that's better quality and still cheap enough to fall within most people's price window for such occasional items."}
{"_id": "229454", "title": "", "text": "\"Ah, gotcha.  That would be moving the country towards a more socialistic or communistic system where the government controls more of the means of production.  I think there would be a problem. Successful companies need to be disruptive and the larger you are the harder it is to try a different approach. I think if the government did try to offer a competing product, the beauracracy would weigh down the offering.  The only way the government could be assured a profitable business is to compete unfairly.  Consider one of the big government companies, the Post Office.  UPS has always been seen as the higher-quality delivery serive. Overnight shipping was considered impossible until FedEx did it. Even today the USPS is in serious financial trouble even though it is granted a monopoly on letter delivery (it is illegal for UPS and FedEx to deliver letters). The Post Office is too inefficient to make money on package delivery so they subsidize that side of their business selling stamps.  &gt; so we could abolish income tax and lower taxes over all  IMO, the taxes will be paid one way or another. If you cut income tax then it will be replaced with a payroll tax, or sales tax, or property tax, or tariff, or passed to you in the form of higher prices. The only question is the definition of a person or group's \"\"fair share\"\".\""}
{"_id": "229466", "title": "", "text": "Thank you.  Some of these guys don't seem to understand several points.  Too wrapped up in politics instead of economics.  * Any job that went south of the boarder was leaving anyway.  I think Mexico uses a lot more of our raw materials and services than China would.  *  I pointed out on that link that almost 40 million jobs were created in the three countries until 2007.  Someone responded and 47 million workers.  But I think it's better than 47 workers and 0 job creation...  I should also point out that I'm pretty sure the US added more jobs than Canada or Mexico.  * NAFTA provides you with much more buying power.  20 years ago a poor person could not buy an iphone if it existed back then.  Currently anyone can afford any combination of Iphone, Xbox, computer, above ground swimming pool, etc.    *  If you are against NAFTA, you might as well be for tariffs on trade between states.  After all, if we were better with tariffs as a country, imagine how much better your state would be with them.  Imported beef from Texas?  Pay an extra 30% for what you buy.  Your local economy will improve so much while you pay more and are buying less stuff.  Especially if Texas gives an export subsidy to their beef guys, now why would beef producers sell in Texas for 3 a pound when they can make 4 a pound exporting?  Even Texans would feel the sting.  Tariffs on trade is genius..."}
{"_id": "229498", "title": "", "text": "Sorry brother, that line works well on city-dwellers, but I live on a farm.  I produce eggs and beef that are consumed locally.  It still costs me every time we fill a tractor with diesel, and for my running around with my pest control company.  Sure, I could take the bus...but I'd imagine that folks would give me strange looks...a guy with hazardous chemicals and a bag of dead rodents.  The plus side is, I'd have a few seats to myself."}
{"_id": "229505", "title": "", "text": "I'll preface this with saying that I'm not a finance or real estate professional, this is just how I understand the situation and what I'm doing:  We just got a 30year/FHA mortgage, there's no prepayment penalty, and no fees associated with paying it biweekly. In fact (Wells Fargo), while the payments get withdrawn biweekly, they don't actually post to the mortgage until there's enough for a full payment.  So essentially here are the benefits I'm realizing:"}
{"_id": "229522", "title": "", "text": "The federal program is struggling financially. The NFIP is $25 billion in debt after paying out damages for hurricanes Katrina and Sandy. It will probably have to borrow more money to pay for Harvey, which is on track to be one of the most destructive in U.S. history. The NFIP is only authorized to borrow up to about $30 billion, meaning the agency could hit its limit after all the Harvey claims come in."}
{"_id": "229528", "title": "", "text": "I question the reliability of the information you received.  Of course, it's possible the former 401(k) provider happened to charge lower expense ratios on its index funds than other available funds and lower the new provider's fees.  There are many many many financial institutions and fees are not fixed between them.  I think the information you received is simply an assumptive justification for the difference in fees."}
{"_id": "229533", "title": "", "text": "Electric Power is Everywhere Present In Unlimited Quantities, It Can Drive The World's Machinery Without The Need Of Coal, Oil, Gas Or Any Other Fuel If you remember, the first time information like this leaked out, the inventor was shut down pretty fast. Therefore, after we get the Nicola Tesla Secret out, we've got no control over what happens next.  But, we're willing to take a risk here. We're releasing this secret because this technology has been around far too long and can help far too many people save money while the power companies continue to ROB people during a poor economy."}
{"_id": "229534", "title": "", "text": "Your credit score, for better or worse, is increasingly about more than just getting loans. For example insurance companies can use it to some extent to determine your rates,."}
{"_id": "229546", "title": "", "text": "\"Legally, a check just needs to have a certain list of things (be an instruction to one's bank to pay a specific amount of money to bearer or to a specific entity, have a date, have a signature, etc.) There are anecdotes around of a guy depositing a junk mail check and it accidentally qualifying as a real check (which he turned into a live show), or of writing a check on a door, cow, or \"\"the shirt off your back\"\". What kind of checks your bank will process is technically up to them. Generally, if you get your blank checks printed up by any reputable firm, they'll have similar information in similar places, as well as the MICR line (the account and routing number in magnetic ink on the bottom) to allow for bank to process the checks with automated equipment. As long as it's a standard size, has the MICR line, and has the information that a check needs, your bank is likely to be fine with it. So, there are some standards, but details like where exactly the name of the bank is, or what font is used, or the like, are up to whoever is printing the check. For details on what standards your bank requires in order to process your checks, you'd have to check with your bank directly. Though, it wouldn't surprise me if they just directed you to their preferred check printer provider, as they know that they accept their check format fine. Though as I said, any reputable check printer makes sure that they meet the standards to get processed by banks without trouble. Unless you're a business that's going to be writing a lot of checks and pay a lot of fees for the privilege, a bank is not likely to want to make exceptions for you for your own custom-printed octagonal checks written in ancient Vulcan.\""}
{"_id": "229553", "title": "", "text": "\"It's a shame that a guy like Krugman has to start an article with the title \"\"This isn't just political spin:...\"\"  The guy has used up his credibility.  I remember watching some sort of show during the last election cycle where someone said something to the effect of , \"\"major economsts say XYZ\"\"  and the farmer he was talking to said \"\"which ones?\"\"  \"\"Paul Krugman\"\"  Whereupon the farmer gives a dismissive wave.  He could be 100% right.  But he's burned it all up.\""}
{"_id": "229556", "title": "", "text": "\"A withdrawal from an IRA has a 60 day period during which time you may roll it over to another IRA, effectively \"\"borrowing\"\" and returning the money. Once that time has passed, the transaction is complete.  Your question asks in one place about deposit, then withdrawal. You might edit to clarify the timing of your situation and your intentions.\""}
{"_id": "229563", "title": "", "text": "You shouldn't be charged interest, unless possibly because your purchases involve a currency conversion. I've made normal purchases that happened to involve changes in currency.  The prices were quoted in US$ to me.  On the tail end, though, the currency change was treated as a cash advance, which accrues interest immediately."}
{"_id": "229572", "title": "", "text": "The only real consideration I would give to paying off the debt as slowly as possible is if inflation were much higher than it is now.  If you had a nice medium to low interest (fixed rate) loan, like yours, and then inflation spiked to 7-8%, for example, then you're better off not paying it now because it's effectively making you money (and then when inflation calms back down, you pay it off with your gains). However, with a fairly successful and active Federal Reserve being careful to avoid inflation spikes, it seems unlikely that will occur during your time owing this debt - and certainly isn't anywhere near that point now.  Make sure you're saving some money not for the return but for the safety net (put it in something very safe), and otherwise pay off your debt."}
{"_id": "229573", "title": "", "text": "What does it mean when some one says that today there was a lot of net selling or buying in a stock. What does it mean because for every selling there is also a buying going on then how can you determine a selling or buying ? Generally if the price of stock has gone down compared to previous day, the trend is of selling. As the price can be volatile, there maybe few trades that are above close price of previous day, or below close price of previous day.  How can you calculate average trade price for a stock It is simple {sum of all [price*quantity]}/quantity. Related question Equity market inflow meaning"}
{"_id": "229582", "title": "", "text": "I am not a structured products expert, just relaying what's in the article, but I'd imagine it includes a larger equity tranche in the structured product, thereby giving more cushion against losses to the actual debt investors in the tranches above it in the payment water fall."}
{"_id": "229583", "title": "", "text": "\"So the \"\"Win state\"\" for the America is that Trump made up a nick name. I really don't think Trump is going to win that game because the come backs could range from Retard to PePe to OrangeMan and they are all good and true and hit home hard in the way that makes America cringe.  Unfortunately the truth is its is more a sign of American impotence and frustration as its power and influence wane and the world has stopped responding to the baby talk that led us into the Iraq war and Afghanistan. Now only America responds to the baby talk and the world looks on in wonder as if the Chinese did actually manage to contaminate our diet with excess lead.  There is nothing that anyone is going to do about North Korea, there is no solution except to accept another member into the nuclear club, and hope others don't rapidly follow suit. The more aggressive and abrasive the US acts, the more the motivation for others to do the same.  There will be a price to pay for the name calling and it will last a lot longer that the orange baboons antics in front of un-amused world leaders.\""}
{"_id": "229588", "title": "", "text": "bzzt. Should be   aol -&gt; [ yahoo | hotmail | gmail ] -&gt; personal domain  Don't judge people by what free email provider they use.   I switched back to hotmail when they followed the GB mailbox path because I like their interface better and they have folders. Not saying the gmail way is better or worse - just that I didn't like it."}
{"_id": "229596", "title": "", "text": "I've seen so many Orthodox Jews in Chicago get out of their BMWs and use a Link card to buy groceries.  It's huge in the Orthodox community. They think of themselves as literally being the special people chosen by god and better than everyone else and it shows."}
{"_id": "229607", "title": "", "text": "True on the second point. It is information based. My bad.  With regard to the first point, I don't think he's Jesus returned. He makes plenty of mistakes but he does provide the return record of a very disparate group of investors following the same method. That method may not work anymore (hard to say) but I think it does. I'm obviously a true believer.   With respect to third point, I don't think you were being a dick. Enjoyed the debate. Thanks for the perspective"}
{"_id": "229611", "title": "", "text": "Cancer has long been among the world\u2019s catalog of most serious and life-changing diseases, affecting various parts of the body. In the United States alone, about 13 to 14 million Americans are living with cancer as of 2014. Caring for a friend or a loved one with cancer can initially be difficult."}
{"_id": "229617", "title": "", "text": "Women entered the work force en mass. And, with twice as many potential employees the cost of labor decreased. That is, of course, the non-PC version and it began earlier than the 80s but it's essentially correct--labor like any other commodity increases in value relative to its scarcity.   If all the women (or all the men, or all of any sizeable group) left the labor market the price of labor would begin to increase as companies bid up the price they were willing to pay for each employee. With today's level of globalization this becomes a much more complicated equation--do local wages rise or do jobs migrate to abundant (and cheap) labor? But, it's the same idea."}
{"_id": "229623", "title": "", "text": "As @mbhunter says, make sure you pay off any debt you have first.  Then, it's a good idea to keep some or all of your savings as an emergency fund.  If you use every last dime to pay for a house, you'll have no cushion available when something breaks down.  The most common recommendation I've seen is to have 3-6 months worth of expenses as an emergency fund.  Once you have that, then you can start saving for your down payment.   As @Victor says, try to find the best interest rate you can for that money, but I wouldn't invest it in any kind of stock or bond product, because your need for it is too short term.  Safety is more important than growth given your time frame. When you're ready to invest, make sure you learn all you can.  You don't want to invest in something you don't understand, because that's how you get ripped off.  You can be reading and talking to people while you're saving for your house so that, when the time comes, you'll have a pretty good idea of what you want to do for investments."}
{"_id": "229625", "title": "", "text": "You could do all your shopping there, but most people don't. Between the price and the lack of things like Frosted Flakes, it's often an additional stop, not the only one.  Their selection of non-fresh groceries is relatively small.  If we are saying WF is the only stop and is a full fledged grocery store, I agree with the poster - Wegmans is better."}
{"_id": "229626", "title": "", "text": "\"As already noted, options contain inherent leverage (a multiplier on the profit or loss). The amount of \"\"leverage\"\" is dictated primarily by both the options strike relative to the current share price and the time remaining to expiration. Options are a far more difficult investment than stocks because they require that you are right on both the direction and the timing of the future price movement. With a stock, you could choose to buy and hold forever (Buffett style), and even if you are wrong for 5 years, your unrealized losses can suddenly become realized profits if the shares finally start to rise 6 years later. But with options, the profits and losses become very final very quickly. As a professional options trader, the single best piece of advice I can give to investors dabbling in options for the first time is to only purchase significantly ITM (in-the-money) options, for both calls and puts. Do a web search on \"\"in-the-money options\"\" to see what calls or puts qualify.  With ITM options, the leverage is still noticeably better than buying/selling the shares outright, but you have a much less chance of losing all your premium. Also, by being fairly deep in-the-money, you reduce the constant bleed in value as you wait for the expected move to happen (the market moves sideways more than people usually expect). Fairly- to deeply-ITM options are the ones that options market-makers like least to trade in, because they offer neither large nor \"\"easy\"\" premiums. And options market-makers make their living by selling options to retail investors and other people that want them like you, so connect the dots. By trading only ITM options until you become quite experienced, you are minimizing your chances of being the average sucker (all else equal). Some amateur options investors believe that similar benefits could be obtained by purchasing long-expiration options (like LEAPS for 1+ years) that are not ITM (like ATM or OTM options). The problem here is that your significant time value is bleeding away slowly every day you wait.  With an ITM option, your intrinsic value is not bleeding out at all. Only the relatively smaller time value of the option is at risk. Thus my recommendation to initially deal only in fairly- to deeply-ITM options with expirations of 1-4 months out, depending on how daring you wish to be with your move timing.\""}
{"_id": "229633", "title": "", "text": "There's a premium or discount for various stocks subject to influence by the alternatives available to investors, meaning investments are susceptible to the principle of supply and demand. This is easily seen when industries or business models get hot, and everybody wants a tech company, a social media company, or a solar company in his portfolio.  You'll see bubbles like the dotcom bubble, the RE bubble, etc., as people start to think that the industry and not its performance are all that matters.  The stock price of a desired industry or company is inflated beyond what might otherwise be expected, to accommodate the premium that the investment can demand. So if bonds become uniformly less attractive in terms of returns, and certain institutional investors are largely obliged to continue purchasing them anyway, then flexible investors will need to look elsewhere.  As more people want to buy stocks, the price rises.  Supply and demand is sometimes so elementary it feels nearly counter-intuitive, but it applies here as elsewhere."}
{"_id": "229640", "title": "", "text": "Social Media Job for this Month:  Use the link below to generate traffic and earn money 5$-10$ for every unique visitor that clicks your link. Good places to start posting your link are social websites like Facebook, Twitter, Google+, Youtube, forums, chat rooms, blogs, etc."}
{"_id": "229651", "title": "", "text": "Watch for Walmart to buy Blue Apron or the same time of businesssoon. Probably Blue Apron because the yare gonna be prime for buying the next year.   I know people are all on the Amazon taking of the world bandwagon but losing sight at what Walmart is doing is dumb because they are far more primed to do so. Just my two cents though.   EDIT: Also Amazon stock is insanely over priced and inflated while Walmart is right at the point where you want to jump that bandwagon and ride the wave to being rich."}
{"_id": "229653", "title": "", "text": "Asset prices across the board are at historic highs because interest rates have been too low for too long. Owners/sellers of assets win, and this is primarily the baby boomer generation, and the buyer of these assets loose, primarily gen x and millennials. I'm really not looking forward to at best, stagnating asset prices as interest rates are inevitably increased, or at worst, another crash."}
{"_id": "229668", "title": "", "text": "\"YLed by the long-haul segment, sales of WDM gear set a revenue record of $2.6 billion, according to a new quarterly report from Dell'Oro Group. The market research firm says the figure represented a spike of 10% versus the year-ago quarter. \"\"The WDM market growth isn't slowing down,\"\" said Jimmy Yu, vice president of optical transport research at Dell'Oro. \"\"The recent second quarter growth of 10% marked the 18th consecutive quarter that the WDM market has increased. Furthermore, as an indication of the market's strength, 12 of those 18 quarters grew at double-digit percentage rates.\"\"  DWDM long-haul equipment revenue jumped 18% versus 2Q13, while WDM metro equipment sales grew 4% year-over-year, according to the report. \"\"A number of factors are driving the strong growth of WDM, the most significant of which is the global adoption and penetration of 100-Gbps wavelengths in long haul applications,\"\" explained Yu. \"\"It's also one of the reasons why DWDM long haul equipment revenue growth rates have been outpacing that of WDM metro equipment for the past two years.\"\"\""}
{"_id": "229671", "title": "", "text": "\"ok I'll bite. at the turn of the 20th century, 80% of the workforce in the United States was engaged in agricultural work. Today 5% of our workforce is in agriculture (i'm quoting these figures from memory so they may be a little off) . However we produce WAY more food now than we did 112 years ago - because of technology: farming techniques, genetic engineering, pesticides, heavy equipment, etc. in other words, today we're massively more productive in agriculture than we were 112 years ago with a small fraction of the work force.  the same is going to happen in manufacturing. It's faster, better, more profitable, and safer to have robots do manufacturing work. you still need technicians, programmers, etc. to manage the robots but again, you can do more with less.  what will people do for work when manufacturing goes the way of agriculture? SERVICES. people will always need other people to provide services - retail stores, doctors, lawyers, salespeople, accountants, programmers, entertainers, the list goes on and on. plus there are some things (think construction) that inherently need people to work. as long as there are people being born there will be ways to make money.  specialization is a reality - people will need to \"\"re-skill\"\" and adapt. if society makes provisions for workers to re-skill and find employment we can avoid a bloody revolution.  this is rambling and incoherent but the tl;dr is: we've been through economic transitions before (ag to manufacturing). this is just another transition and will probably not be the end of the world.\""}
{"_id": "229698", "title": "", "text": "Because not everyone is a racist.    I don't use the r-word here as an insult, but as a description.  If you accept the thesis that White people are better nation builders than Black people you must accept the idea that White people and Black people are fundamentally different.  This is the heart of what Racism is; a belief in race.  The truth is, race categories are the debunked creation of old scientists that have no more meaning than zodiac symbols."}
{"_id": "229707", "title": "", "text": "You can't own fractional shares. If the Reverse Split resulted in you having less a full share (for example, if you had 500 shares, and they did a 1000:1 reverse split), your fractional share was cashed in (sold). That could be that 'money market' activity shown on the next day? It is your responsibility to be prepared for a reverse split, by either selling at your desired price, or buying more shares, so you end with an integer number of shares after the reverse split."}
{"_id": "229720", "title": "", "text": "&gt; Even if Tesla takes care of the issue quickly and gave me a loaner, it's still hours if not a day that I wouldn't have a drivable car.  The thing is, it's really not.  They can come get your car from wherever it is and drop off a loaner at the same time.  The loaner is generally a Model S (unless they run out, and then they offer you a free rental of something cool - I got offered a Jaguar for my Roadster's warranty service once, but chose to take a Leaf instead because I am fully over gasoline).  Oftentimes they can pick up the car while you're at work and have it back to you by the end of the day.  Like they mentioned, I think only 2 repairs required an overnight stay - and they had access to a loaner at the time anyway.  Further, they mention multiple times that many of the repairs were for issues related to early production cars - the door handle problem, for example, was only in the first 1,000 cars or so before a software update fixed it.  The software update for that one was applied over the air.  &gt;and my admittedly short experience with our own Camry so far  Interestingly, CR dropped their recommendation for the Camry last year (according to the most recent info I could find, which is [from October](http://www.cnbc.com/id/101148312), so there may be something more recent than that), while they still recommend the Model S based on their review and reliability survey.  That article even claims the Model S to be above average in reliability (though I think they may have gotten that wrong).  &gt;Since these two reviews switched me from being interested in Tesla to being apprehensive, I'd say that they were quite unfavorable.  Again, I wonder if you read the full reviews, or followed their various updates on the long-term tests.  Because both have been overjoyed with the car all along, and like I said, it almost feels to me like they're hunting for things to say they had problems with just so they seem to be objective.  One of the guys even said something to that effect in the CR talking cars segment on Youtube.  Also, you should try driving the car, because, like CR and Edmunds, you will still be plenty interested in the car were you to drive it.  Yes, it's that good - just as their reviews claim."}
{"_id": "229725", "title": "", "text": "You should meet my white republican roommate/friend who spends all of his money on Home Depot stuff or other stupid shit. He doesn't have any kids, makes 14.50/hr, and was paying $300 for rent. He has overdraft his account a few times. He is an idiot when it comes to money"}
{"_id": "229727", "title": "", "text": "It is important that a cleaning business should avail of an insurance policy from a reputed broker. Polished Insurance has been providing insurance coverage for cleaners since 2001. Throughout the years, they are recognised as amongst the UK\u2019s top brokers in the cleaning industry. If your cleaning business needs insurance, then you should get one from them. Visit their website at www.polished-insurance.co.uk for more details."}
{"_id": "229730", "title": "", "text": "\"SOS is Secretary of State. SOS number is the number the Secretary of State office assigned to your entity. You can find it on the LLC application form that you submitted (assuming you kept the copy of your application returned to you), or by searching for your entity on the SOS site here (the first column, \"\"entity number\"\", is what you're looking for).\""}
{"_id": "229731", "title": "", "text": "Mervis Diamond is a family owned business specializing in engagement and wedding rings. Mervis Diamond has earned a great reputation for consistently winning the best of weddings award. Mervis has a reputation that you can trust. No matter whether you have a tight budget, they will get you the biggest and most brilliant diamond possible, and save you some dollars in the process."}
{"_id": "229743", "title": "", "text": "\"Yes, you can usually deposit/pay money into a credit card account in advance. They'll use it to pay any open debt;  if there's money left over they'll carry it as a credit towards future changes. (\"\"Usually\"\" added in response to comments that some folks have been unable to do this -- though whether that was really policy or just limitation if web interface is unclear.  Could be tested by simply sending them an overpayment as your next check and seeing whether they carry it as a credit or return the excess.)\""}
{"_id": "229744", "title": "", "text": "Compliance issues vary from country to country and, in the US, state to state as well.  There'll be a number of levels, though: Bear in mind that it is not that these taxes and responsibilities don't apply to sole traders or unregistered businesses, it's just that being registered signals your existence and introduces the bureaucracy to you all at once. Update: Your accountant should manage your company and consumer tax calculations and submissions on your behalf (and a good one will complete all the paperwork on time plus let you know well in advance what your liability is, as well as offer advice on reducing and restructuring these liabilities).  You're probably on your own for local taxes unless your accountant deals with these and is local to even know what they are."}
{"_id": "229748", "title": "", "text": "\"Right, which is why the fact that there are a lot of ATMs running old software isn't really a problem.  And why you don't hear, \"\"100,000 ATMs HACKED!!!  Millions stolen!\"\"    There are also (depending on the make and model in question) various bits of firmware and encryption in the way, as well as physical switches.  So, it's not particularly easy to make an ATM spit out money for you without the right authorization, not to say it's impossible.\""}
{"_id": "229756", "title": "", "text": "Slide 1 Blogspot: NORTON SCIENTIFIC SCAM-Detection and Prevention of Clinical Research Fraud - FC2 Knowhow deanciana Slide 2 NORTON SCIENTIFIC SCAM-Detection and Prevention of Clinical Research Fraud and Misconduct A Norton saeo.net \u2014 Current Class Dates (subject to change): Scheduled as Needed based on Student Demand. Email us a\u200bt\u200bo\u200bn\u200bl\u200bi\u200bn\u200be\u200bt\u200br\u200ba\u200bi\u200bn\u200b@\u200bn\u200bo\u200br\u200bt\u200bo\u200bn\u200ba\u200bu\u200bd\u200bi\u200bt\u200bs\u200b.\u200bc\u200bo\u200bm if you are interested in this course. Description - This is an advanced-level class that takes an in-depth examination of severe noncompliance, clinical data fabrication and falsification, scientific misconduct and fraud cases. The course focus is on developing skills for preventing fraud and misconduct and preparing clinical research professionals to better handle severe noncompliance. Slide 3 Source: saeo.net #NORTON SCIENTIFIC SCAM-Detection and Prevention of Clinical Research Fraud and Misconduct A Norton #norton scientific reblog  clintonmccage: NORTON SCIENTIFIC SCAM-Detection and Prevention of Clinical Research Fraud and Misconduct A Norton Current Class Dates (subject to change):  Scheduled as Needed based on Student Demand. Email us a\u200bt\u200bo\u200bn\u200bl\u200bi\u200bn\u200be\u200bt\u200br\u200ba\u200bi\u200bn\u200b@\u200bn\u200bo\u200br\u200bt\u200bo\u200bn\u200ba\u200bu\u200bd\u200bi\u200bt\u200bs\u200b.\u200bc\u200bo\u200bm if you are interested in this course.  Slide 4 Description - This is an advanced-level class that takes an in-depth examination of severe noncompliance,clinical data fabrication and falsification, scientific misconduct and fraud cases. The course focus is on developing skills for preventing fraud and misconduct and preparing clinical research professionals to better handle severe noncompliance. Source: saeo.net #NORTON SCIENTIFIC SCAM-Detection and Prevention of Clinical Research Fraud and Misconduct A Norton #norton scientific reblog  eddiemccrane: Slide 5 NORTON SCIENTIFIC SCAM-Detection and Prevention of Clinical Research Fraud and Misconduct A Norton Current Class Dates (subject to change):  Scheduled as Needed based on Student Demand. Email us a\u200bt\u200bo\u200bn\u200bl\u200bi\u200bn\u200be\u200bt\u200br\u200ba\u200bi\u200bn\u200b@\u200bn\u200bo\u200br\u200bt\u200bo\u200bn\u200ba\u200bu\u200bd\u200bi\u200bt\u200bs\u200b.\u200bc\u200bo\u200bm if you are interested in this course.  Description - This is an advanced-level class that takes an in-depth examination of severe noncompliance, clinical data fabrication and falsification, scientific misconduct and fraud cases. The course focus is on developing skills for preventing fraud and misconduct and preparing clinical research professionals to better handle severe noncompliance. Slide 6 Source: saeo.net #NORTON SCIENTIFIC SCAM-Detection and Prevention of Clinical Research Fraud and Misconduct A Norton #norton scientific 1 note reblog  pittturvey: Norton Scientific : Blogspot | Facebook Fraud Prevention | NORTON SCIENTIFIC SCAM-Detection and Prevention of Clinical Research Fraud and Misconduct A Norton : Social-bookmarking.net Current Class Dates (subject to change): Scheduled as Needed based on Student Demand. Email us a\u200bt\u200bo\u200bn\u200bl\u200bi\u200bn\u200be\u200bt\u200br\u200ba\u200bi\u200bn\u200b@\u200bn\u200bo\u200br\u200bt\u200bo\u200bn\u200ba\u200bu\u200bd\u200bi\u200bt\u200bs\u200b.\u200bc\u200bo\u200bm if you are interested in this course. Slide 7 Description - This is an advanced-level class that takes an in-depth examination of severe noncompliance,clinical data fabrication and falsification, scientific misconduct and fraud cases. The course focus is on developing skills for preventing fraud and misconduct and preparing clinical research professionals to better handle severe noncompliance. Slide 8 Class Agenda/Modules - Instructors Make a Difference Defining Clinical Research Fraud and Misconduct Evaluation of Case History R.E.S.E.A.R.C.H. TM Skills Program Advanced Auditing and Monitoring Skills for Prevention Case Development"}
{"_id": "229759", "title": "", "text": "I think that public education is literally under attack in the US right now. At least on the Internet.  For example, I can't even begin to tell you how many arguments I've gotten into with people on here about this. I never meet them in real life, though. Its strange.  Basically, they feel we no longer need public education, since people need more of it now they figure why bother.   Allowing education to be privatized like healthcare has been would be a huge mistake."}
{"_id": "229777", "title": "", "text": "In the event that payment is not made by the due date on the invoice then the transaction is essentially null and void and you can sell the work to another client. For your particular situation I would strongly suggest that you implement a sales contract and agreement of original transfer of work of art for any and all future sales of your original works of art. In this contract you need to either enforce payment in full at time of signing or a deposit at signing with payment in full within (X) amount of days and upon delivery of item.  In your sales contract you will want to stipulate a late fee in the event that the client does not pay the balance by the date specified, and a clause that stipulates how long after the due date that you will hold the artwork before the client forfeiting deposit and losing rights to the work.   You will also want to specify an amount of time that you provide as a grace period in the event client changes their mind about the purchase, and you can make it zero grace period, making all sales final and upon signing of the agreement the client agrees to the terms and is locked into the sale. In which point if they back out they forfeit all deposits paid. I own a custom web design business and we implement a similar agreement for all works that we create for a client, requiring a 50% deposit in advance of work being started, an additional 25% at time of client accepting the design/layout and the final 25% at delivery of finished product.   In the event that a client fails to meet the requirements of the contract for the second or final installment payments the client forfeits all money paid and actually owes us 70% of total quoted project price for wasting our time. We have only had to enforce these stipulations on one client in 5 years! The benefit to you for requiring a deposit if payment is not made in full is that it ensures that the client is serious about purchasing the work because they have put money in the game rather than just their word of wanting to purchase. Think of it like putting earnest money down when you make an offer to buy a house. Hope this helps!"}
{"_id": "229782", "title": "", "text": "not sure if you are serious. golf courses require a large number of people working on it. jobs created.   property development (including building of the golf course) creates a large number of temporary jobs, and long term jobs (upkeep services), and the opportunity for new local businesses to open. The rich folk moving in will probably want to keep their house clean (housekeep services), their yard kept (landscaping service), their cars maintained (auto shop / services), their dogs/pets cared for (pet care services), their organic food (food markets), etc. In addition, by having the rich folks there, the 'mid to luxury' store front brands might decide to open up locations in the area - a smart developer would build a small open air mall to complement their housing. This creates jobs. It might not seem like much, but when your family is barely making ends meet, a few extra hundred dollars each week can make a huge difference.   In addition, the new business generates taxes for the city."}
{"_id": "229788", "title": "", "text": "The least expensive way to buy such small amounts is through ING's Sharebuilder service. You can perform a real-time trade for $9, or you can add a one-time trade to their investment schedule for $4 (transaction will be processed on the next upcoming Tuesday morning). They also allow you to purchase fractional shares."}
{"_id": "229790", "title": "", "text": "\"Okay Stevie. Let me introduce you to a distinction that may help you as you go through life. You can thank me later.   The distinction is between prescription and description.   What you get when you look in a dictionary or a reference source like Wikipedia for a definition of a word or phrase is a descriptive example. It's a description of a common usage but not a limitation or restriction.   You seem to have confused this descriptive resource with a presciptive edict such as a law against parking in a handicapped zone without plates that allow you to do so. The latter is a hard-fast rule that cannot be altered and that seems to be what you think a dictionary or Wikipedia represents. That's not what how it works. You can go ahead and write a letter to Jimmy Wales yourself if you like but I'm sure he's on my side.    Besides which, if you don't like the phrase \"\"patent troll\"\" in reference to LEGO then I'm happy to work with you and say instead they're ugly mutherfucking thugs that abuse the patent system. Does that work out better for you?   Anyway, glad you took the time to make sure the message was crystal clear.\""}
{"_id": "229803", "title": "", "text": "You're right that someone who, say, photographed the front of your card at the store could use it to make some online purchases. Schemes like Visa's 3-D Secure provide additional online security by having you enter your password on the issuer's website, but they aren't common yet in the US. But as littleadv says, you as the cardholder generally aren't liable for fraud (except $50 in some cases). Just be sure to check your statement monthly and notify the issuer of any fraud within 60 days. To issuers, fraud losses are fairly predictable, and the cost is acceptable."}
{"_id": "229809", "title": "", "text": "\"I met two MBA graduates from Harvard - both made VPs at large Canadian companies (i.e. $1B or greater annual revenue) after working 2-5 years as management consultants post-graduation - one is now a divisional president making over $500K in salary along. When I asked one of them (one that is not yet making $500K in salary) about the Harvard MBA difference, he said the brand-name and the network probably set it apart from others, since most MBA schools now uses the same material as Harvard's.   I tend to agree with his thoughts - I never did felt the caliber of my professor had much to do with my ability to apply what I learn to practical use.  In my own MBA education, the professor did more facilitation than \"\"teaching\"\".  Apparently that is the norm, as MBA is less about being fed information than it is about demonstrating the ability to analyze and present information.  Back to M.Attia's question, I would go with the highest ranked MBA education I could afford (both financially and lifestyle).  A friend of mine was able to get his employer to pay for the $90K tuition fee from Rotman, along with job security for 5 years (not a bad idea in this economy).  I settled for Lansbridge University in Fedricton because the flexibility of distance learning and cost was important to me, though I was able to get my employer to pay for the MBA after I started (I switched group within the company shortly after I started my MBA and my new boss was able to get the approval without locking me in).\""}
{"_id": "229827", "title": "", "text": "The good thing is that as luck would have it, the Jews don't control the military, because the Jews don't like an enemy that can fight back and like to kill unarmed civilians in Palestine.  So, it seems that while the Government and the economy have all fallen into the hands of Israeli agents, we can still look to our military to save us."}
{"_id": "229838", "title": "", "text": "Publix is another employee owned massive chain, grocery store but also in Florida. Have known someone work their way up to GM and be sitting on quite a load of stocks.  Some insurance companies in Florida are also privately held and give employees stock options."}
{"_id": "229849", "title": "", "text": "You're right, but you also probably know a lot about technology. You are in the minority when it comes to the average e-book user. Most people don't know how to do anything else on an e-book reader other than read e-books."}
{"_id": "229855", "title": "", "text": "\"This would be my guess, too.   My town has a small family-owned bowling alley that's been here for decades. It was cutting hours, getting a little run-down, and in danger of closing. There was talk in the community of saving it, after they announced they would be closing, and it stayed open a few more months, then they announced the closing again, once the boom in business died back down. Someone else stepped in and partially bought it out, but I doubt it will stay open much longer.  All in all, they couldn't afford to keep it open. The largest nearby town has a huge bowling alley, affiliated with a large chain, and runs a bunch of bowling leagues and tournaments. There are also 2 \"\"family fun\"\" places nearby that offer bowling with electronic scoring and all and a bunch of games for the kids.     They couldn't compete with all that when they just had the same old facilities as always, but they couldn't afford to upgrade the place to draw more business either.\""}
{"_id": "229875", "title": "", "text": "If you don't need to own a car for other reasons (i.e. if you are perfectly fine using Lyft and public transport), a new car loan should have just as much effect on your credit score as, say, opening a new credit card. Your credit score would take a temporary dip because of the hard inquiry to acquire the card, but your number of credit accounts would increase, and your credit utilization rate would go down, both of which are good things for your credit score. There may be better ways to increase your credit score that others know about, but I don't think getting a car loan when you don't need a car is the best one. Note, this assumes that you are paying all your credit cards off in full every month."}
{"_id": "229878", "title": "", "text": "\"To expand on the above, go to the \"\"Investor Relations\"\" part of the website if they're public, and take a look at how they explain themselves to their shareholders. You'll learn a lot very quickly about everything you'd need for the interview.\""}
{"_id": "229893", "title": "", "text": "I'm not really sure what you considering working class neither do I want to insult that or take it for granted. You just can't say rural people should be made negligible because they don't want the same plans that people in urban areas need/want"}
{"_id": "229911", "title": "", "text": "Please find out whether you are considered to be a tax resident of the US from the date that you received the permanent immigrant visa or from the date that you first enter the US on that visa. If the former, and you received the visa after April 30, you might be a part-year resident of India for Indian Income Tax purposes for the current tax year. You need to convert your bank accounts including Fixed Deposits (the FDs that you mention) to NRO accounts as soon as possible. You will need to keep at least one NRO account open for a year or more to receive the final interest payments on your FDs as well as the proceeds of cashing in the FDs, not to mention any refunds of Indian Income Tax that may be due to you for last year or the current year. Once you are done with all these, follow the procedures outlined in this excellent answer by @Dheer to transfer the money to your US account.  At this point, you can close the NRO account if you wish. As PeterK's comment says, it is not a good idea to bring a large sum of cash with you unless you are really really paranoid about banking channels. Note that if you insist on bringing cash (whether it is INR or USD) or negotiable instruments (checks or bank drafts) with you when you land in the US, these will have to be declared on entry if the total exceeds US$ 10K. There is no limit to how much you can bring with you as long as you declare it. Transfers of your own money from India to the US is not taxable income to you in the US, and income tax will already have been paid/withheld on that money in India, and so there is no income tax liability in India either on the sum transferred."}
{"_id": "229913", "title": "", "text": "You havent signed a contract, so you are only an authorised contact so you have nothing to worry about at all.  Your credit reference can only be affected if you are a signed party on the contract.  I would imagine that they wont remove your details as you may assist them by contacting your emplorer, and effectively chase the debt for them especially if you seem to be family member or a friend of the business owner. How did you find out about the debt, did they phone you?  If you really want peace of mind, you could write to them and confirm that you are not authorised to be contacted by phone or in writing regarding the debt, and that you are not in anyway liable for the debt and that your contact details must be put beyond use, and as you are concerned, say that if they take any further action against you such as affect your credit ref etc then you will take them to 'your' local magistrates court to seek compensation.  Use strong terms and insist they must do what you ask rather than just say that you would like something done etc.  Say that you 'Will' take further action which is generic, and that you 'May' do specific things so that it sounds strong but you haven't have committed to any thing in particular.  This would most likely be more than enough to stop further contact."}
{"_id": "229926", "title": "", "text": "It (usually) is better to use Other Peoples Money (OPM) than your own. This is something that Donald Trump has mastered. If you use OPM and something goes wrong you can declare bankruptcy and wipe out that debt. The Donald has done this more than once.  At the fantastic low Intrest rates a company would be wasting resources if they only used their own money."}
{"_id": "229935", "title": "", "text": "\"Following these rules will help a poor person have a better chance to climb out of poverty or avoid poverty. Not finishing high school isn't going to help them find a good job. Having children as a teenager isn't going to put a poor person into the middle class. Having children without being married and having a full time job isn't going to solve poverty, but make it worse. You call these rules \"\"middle class values\"\" as if it is a bad thing, and speak of them as an imposition. Well, breaking these rules is pretty much a ticket to generational poverty.\""}
{"_id": "229936", "title": "", "text": "The money is paid to investors who bought those mortgage backed securities. The company that services those loans is responsible for making sure the money is paid to the right investors"}
{"_id": "229937", "title": "", "text": "\"Zip code, as well as billing address, is used in conjunction with the Address Verification Service (AVS).  AVS is a web (or phone) service that actually verifies the address with the billing address on file with the issuing bank.  It does not use the credit card stripe.  You can see more information from various sources such as bank merchant help pages like Bank of America's. As far as what is stored on the stripe, it varies some by bank (as there are some \"\"optional\"\" areas).  The standards are discussed here. Fields include your account number, name, the expiration date, some card-specific stuff, and then the discretionary section.  I would not expect much in terms of address type information there. So - the answer to your question is that they can't really take much more than your name and CC #, unless you give it to them.  If you give a false zip code, you may have your purchase rejected.  They certainly do keep track of the credit card number, and I would suppose that is the most valuable piece to them; they can see you make purchases across time and know for a fact that it's the same exact person (since it's the same card). Additionally, zip codes for AVS from pay-at-the-pump are supposedly not generally used for marketing (see this article for example).  That is probably not true at at-the-register (in-person) collections, most of those aren't for AVS anyway.  Even California permits the pay-at-the-pump zip verification as long as it's only used for that (same article).  I would assume any information given, though, is collected for marketing purposes.\""}
{"_id": "229939", "title": "", "text": "\"Can you give me a rundown of what I'm seeing?  Is this basically a super zoomed in tracker of a current stock or something?  Where a stock fluctuates a few cents up/down on the day, and you just trade before it goes down, then trade as it goes up or what?  EDIT: Is this really live?  Can you say, \"\"Yes this is live narwalls\"\"\""}
{"_id": "229950", "title": "", "text": "\"The story with most companies, Tesla, Apple, Microsoft, old GM, etc is that innovation was done by gray individuals or smaller companies and they buy their ideas or simply take those ideas without giving credit to the innovator.  Apples is a good example: the Apple II is Steve Wozniak's idea and creation, and even the iPod and iPhone were ideas and design of few people you never heard of. Steve Jobs was a total failure at anything \"\"designed by Apple\"\": the Lisa, Newton, Macintosh, Next and a long list of products of poor design.  Microsoft too: DOS was not written by them, Windows was developed by Xerox, the PC is by 2 people at IBM, Internet Explorer is a copy of Netscape, Excel is a copy of Lotus 123, etc.\""}
{"_id": "229964", "title": "", "text": "Few people actually buy BMW's. Most are leased, because if you're the type of person who wants to drive a BMW, you're going want a new one regularly.  Here's the lifecycle of a BMW or other luxury car: By the time you hit ten years, you have a rapidly depreciating asset because the average Joe doesn't really want an old BMW and hassles that come with it or any luxury car. That said, there are great bargains in this space. I used to buy 5-6 year old Cadillacs when they weren't cool for like $7-9k, and resell them a year later for about $1,500 less that I bought them for. (lower TCO than a Civic) You need to have patience though, because maintenance is always an expensive pain in the rear with luxury cars."}
{"_id": "229972", "title": "", "text": "there's something to be said tailoring advertising directly to me.  even though I consider myself an anticonsumer, truth is I spend a shit of money buying stuff. I'll never buy one of big ass trucks advertised during football, but I do watch football and yes I could be convinced to buy a Volt. In fact I'd feel better about the world if I saw Volt commercials. thinking the world is full of red neck good old boys (no offense) leaves me feeling alienated by the end of a game.  quit wasting money and customize my experience for me."}
{"_id": "229978", "title": "", "text": "I admit, in the long term there are a good number of kinks to work out, but in the end I want to see some system where people in general can seize the means to their own well being without stepping on one another.  The management corruptions you talked about is another reason why I prefer Worker-Co-ops to be the optimum form of issuing business, because its not just a few people in charge, it's a whole social group acting in unison.    When you discuss the mom-and-pop store having no suppliers, it would be good to promote some way of each money supply to have a share of each industry within it.  There are always some people in every trade looking for their next job.  They just have to find a supply where there trade is in demand.  The process is self feeding.  Next off, or course the mechanism of the system would work in a way that firm's can't just pay themselves with their own debt, they have to issue it to their creditors first, and even then it's practically impossible to accept your own debt as payment.  You would have to take some from a competitor at best.    What I've been trying to do is find some system where no one institution or no one alliance holds the keys to the definition of value.  If you have five to eight dictators fighting at once as opposed to one financial dictator who can oversee all, like the fed scenario you just described, It's more possible for people who are freer relatively to survive freely between the borders of these spheres of influence, as they can play each dictator off the other.  at least from your dialogue I can see you're one of those who gets what I'm trying to aim for.    Here's another idea I've explored with it, that's similar but may make the environment slightly different, so let me know what you think  what I call the Revolving Tax Window, where the government accepts different bondnotes, both in quantity and specific assortments of notes, in intervals of every business quarter, so that the demand for specific notes changes four times a year.  From January until the end of March they could accept Taxes in notes from Firms A,F,H, and T, and for April into June it could be just B and S, and so on.  The options for note issuing could be set on a list of firms registered with the SEC or whoever.   The combination for the quarter could be picked at random by a randomizing algorithm, so no firm could make a plan to be a market dictator, and a sense of dynamism is maintained in the economy.    Obviously, the more firms are properly registered on this list, the more combinations of monetary combinations you have, and the more power is distributed from too much control by anybody.    What you can do is choose whether or not you want there to be less or more notes in the next quarter, because just like fiscal policy and conventional monetary policy, the extremes have trade offs, but different ones; to few currencies, the economy may be stimulated, but you get market dictators via monetary oligopoly, even if temporary.  Too many, you avoid market dictators who will be more focused on getting a real return by investing in competing ventures based on what will actually return investment, but the economy may not be as stimulated.  What do you think of this structural alternative?  (One of the focal sources I've been building my economic policy on has been *Debt: The First 5,000 Years* by David Graeber, if anyone's familiar.)"}
{"_id": "229985", "title": "", "text": "Ok, then competition should be singular.   &gt; IMO anti-trust needs to protect both consumers and **competition**. Without protecting **competition** it will hurt consumers in the long run. &gt; Monopolies are glaring in the tech world and some tech companies unfairly used their information flow in addition to monopoly power to crash/buyout their **competition** or to cockblock their competitors from acquisitions."}
{"_id": "229990", "title": "", "text": "\"Are there businesses which professionally invest ethically? Yes.  The common term for this is \"\"socially responsible investing\"\".  Looking at that page and googling that term should provide you with plenty of pointers to funds to investigate. Of course, the definitions of \"\"ethical\"\" and \"\"socially responsible\"\" vary from person to person and fund to fund.  You'll have to take a look at each fund to see which ones match your principles.\""}
{"_id": "230000", "title": "", "text": "Iiiiiiitttttttttsssss  TIIIIIIIIMMMMMEEEEE!!!  This is the moment you have been waiting for  The people vs the Central Banks  Fighting!!!! out of the bankrupt, boom &amp; bust and money printing corners the Greenspans, the Bernankes, the Yellens . .the TeeeaaaaaammmmMMM Shemeckle!!!  Fighting!!! out of the Block Chain Technological distributed book, for the people by the people corner . . .TeeeaaaaMMMM Anonymous   This is a no holds barred contest . .kicks to the balls are applauded"}
{"_id": "230003", "title": "", "text": "\"&gt; \"\"So I'll either stop shipping prescriptions or switch to FedEx or UPS -- which cost me three times what the USPS currently charges.\"\"  Basically, the USPS is delivering overnight packages for 1/3 the cost of FedEx and UPS and can't make that work.  So now business costs will go up when sending things overnight as they're forced to switch to private carriers.  Thus, in essence, the USPS has been \"\"subsidizing\"\" business that send things overnight.\""}
{"_id": "230008", "title": "", "text": "Yeah, we had a guy do something similar at my job with a 'back problem' He kept pushing off his return date later and later because of 'new issues and new tests'. Eventually the bosses got tired of dealing with it and filled his position, so as soon as he finally comes back to work he'll get a pink slip.   This is the #1 reason I can see businesses not wanting to hire women of 'childbearing age', to quote the article. It's an expense they can easily avoid. Why pay thousands of dollars for an employee who isn't there, when you can hire someone who (probably) won't leave for as long/cost the company as much. Logically they have no incentive to hire the women, because the company sees them as a liability."}
{"_id": "230030", "title": "", "text": "\"Fair enough, thank you. But my takeaway from this is not \"\"Trump should be allowed to do this\"\", as much as \"\"How in the hell have we been letting these things happen all these years?\"\"   This is not something Trump should get a pass on because we've never stopped anyone before. It's something we need to figure out how to end ASAP.\""}
{"_id": "230044", "title": "", "text": "The Playboy bunny is firmly in the pantheon of commercial icons alongside Apple's apple, Coke's red &amp; white swoosh, Disney's mouse ears and the Golden Arches.  If you had to tell the story of the 20th Century strictly in graphic images, he'd be smack in the center of it all.   Whatever your politics you have to give him that. RIP Hef."}
{"_id": "230048", "title": "", "text": "\"Dude, SHUT UP. This is not an argument. You are wrong, ignorant and stupid. The fact that you keep bring up the same false narrative DOES NOT make it true. I would gladly continue to explain to you how much of an idiot you are, but, what with your ability to \"\"think critically\"\" as you called whatever is is that seems like rational thought to you (I'm laughing, even as I write that sarcastically, you're just such an idiot), it would be a waste of both of our time.   Feel free to continue to have your backwards ideas of the world. The rest of us will continue our lives happy and not full of hate for another person just because of the way they choose to worship. We understand hoe numbers work. It's great. You should try it, even though I know percentages are a little complicated for your tiny little racist brain.   I would challenge you to go see that Muslim friend you claim to have, and share some of your ideas with him. Show him this thread of trash that you've created. See if he still considers you a friend, if he exists at all.   You can continue sending messages if you'd like. It's DEFINITELY going to convince me that you're not a moron. You're not digging that hole deeper with every ignorant word you say at all. You're totally fooling us.\""}
{"_id": "230065", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-trade-nafta-mexico-guajardo-idUSKCN1BC3D3) reduced by 58%. (I'm a bot) ***** &gt; MEXICO CITY - Mexico and Canada would remain in the North American Free Trade Agreement even if the Trump administration abandoned the accord, Mexican Economy Minister Ildefonso Guajardo said on Thursday.  &gt; &amp;quot;NAFTA will continue to regulate the relationship between Mexico and Canada,&amp;quot; Guajardo said at an event in Mexico City, noting that only Washington might consider leaving the accord.  &gt; &amp;quot;Neither Canada nor Mexico will announce their departure because we want to keep being regulated by NAFTA,&amp;quot; Guajardo added after a meeting with lawmakers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xcr30/mexico_canada_to_stay_in_nafta_even_if_us_leaves/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~202319 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **MEXICO**^#1 **Guajardo**^#2 **accord**^#3 **CITY**^#4 **Canada**^#5\""}
{"_id": "230074", "title": "", "text": "This is a real difficult situation and I think the correct way to proceed here is to be honest and straightforward."}
{"_id": "230089", "title": "", "text": "If you stopped blaming everyone else perhaps you'd be less angry and sharp-tongued. The world is not full of morons fucking everything up. What it is full of is people who make mistakes and the uninformed. If you can bypass your narcissism, you'll see the root of the problem - why these things occur. Then you can fix them instead of complaining about them."}
{"_id": "230105", "title": "", "text": "Boycott these dirty ass CEO's and Cheeseburgers.  If you take your company over seas you should not be allowed to do business inside the U.S.  This goes for Microsoft, Google, Facebook, Apple who all have offshore accounts with billions in them."}
{"_id": "230127", "title": "", "text": "She almost couldn't work any harder (here's where you suggest she go to school) She's averaged 60 hour weeks. Dunno if dads even alive. She has a right to exercise her ability to reproduce. And you can't claim she's wreckless or decide what she can or even should do. She busts her ass to take care of her family.   But because she don't have enough 0s in the bank account, some y'all think she should not have kids. So you want her to find a time machine or what? Not hearing a solution, just typical lazy half assed judgement.   Maybe you guys could consider sex education and family planning important to the budget. Maybe not let gas bag Mike pence change sex ed to just 'dont'. If we're talking about this particular poor mother, this is where it could have been done better. But I am making an assumption those children weren't planned.   Human rights include reproduction. From my point of view I wouldn't have had two kids either. But she sure as hell shouldn't be cast as a fool for wanting family and valuing it over money."}
{"_id": "230157", "title": "", "text": "I loved this podcast. You can tell, at least during the interview, she hadn't come to terms with it coming back to bite her. I was listening on a drive somewhere and I can just remember thinking, damn, she really got exactly what she needed. It was just so oddly satisfing. I also couldn't get past the fact she didn't see it coming. Anyway. I hope the linked podcast is the one I'm thinking about."}
{"_id": "230163", "title": "", "text": "Ethereum trades are not subject to the same rules as securities are. Thats the primary flaw in your assessment. Yes, cryptocurrency is a free trading arena where you can actually take advantage of market inefficiencies yourself 24 hours a day, 7 days a week, at massive profits. The equity securities markets are not like that, and can't be used as a comparison. If you have a preference for flexibility, then it is already clear which markets work better for you. Market makers can make stub quotes, brokers can easily block their retail customers from doing it themselves. Even the dubious market manipulation excuse is reference to a sanction exclusive to the equity markets. The idea that it went through a week earlier probably triggered the compliance review. Yes, a broker can refuse to place your limit order."}
{"_id": "230168", "title": "", "text": "\"You call it \"\"gutting the core values\"\". I call it generating shareholders value. I used to be in investment banking and I'm now at a fortune 50 company. The amount of $$$ wasted on incompetent employees is incredible.  \"\"The result is very quick employee burnout and turnover, and zero work-life balance.\"\" What's wrong with this? You will attract a bunch of driven, hungry people who don't care about going home at 6pmor coming in to work during the weekend. Works fine for Goldman Sachs. Of course there is a limit. 3G can only do this for a certain type of jobs.\""}
{"_id": "230208", "title": "", "text": "Build a trust. I have a trust account under my name and 3 dependents, FDIC confirmed we're good to 1m. Then I have personal accounts for the 4 of us and a corp account, all at the same bank, each also insured."}
{"_id": "230210", "title": "", "text": "\"actually, the labor theory of value is based on the \"\"socially necessary labor time\"\", a sort of societal average of the amount of labor necessary to produce something (including the labor already included in raw materials, etc.)  So if someone produces some commodity more or less quickly than their competitors, the goods still have the same value, (unless/until that average changes,) and that producer's costs will simply be above or below the average, leading to increased/decreased profits compared to their competitors.  So your criticism is not only rather uninformed, its actually pretty central to how Marxists explain the drive for increased production efficiency (through capital investment, new management techniques, etc.)\""}
{"_id": "230215", "title": "", "text": "Another unmentioned reason: flexibility and liquidity.  There is a fundamental difference between installment and revolving debt, such that it could be rational to pay revolving debt before an amortizing loan.   Lets say you have 100K in cash, a 100K mortgage at 4% and 4 25K credit cards at maximum balance and a 0% promotional rate (at least for now).   If you pay off the mortgage, you may not get liquidity if you need it.  This path is not necessarily reversible.   If you pay off the credit cards, you have 100K of credit available to you.  You can reverse to the case of having 100K in cash, and 200K in debt."}
{"_id": "230261", "title": "", "text": "When buying investment properties there are different levels of passive investment involved.  At one end you have those that will buy an investment property and give it to a real estate agent to manage and don't want to think of it again (apart from watching the rent come in every week). At the other end there are those that will do everything themselves including knocking on the door to collect the rent. Where is the best place to be - well somewhere in the middle. The most successful property investors treat their investment properties like a business. They handle the overall management of the properties and then have a team taking care of the day-to-day nitty gritty of the properties. Regarding the brand new or 5 to 10 year old property, you are going to pay a premium for the brand new. A property that is 5 years old will be like new but without the premium. I once bought a unit which was 2 to 3 years old for less than the original buyer bought it at brand new. Also you will still get the majority of the depreciation benefits on a 5 year old property. You also should not expect too much maintenance on a 5 to 10 year old property. Another option you may want to look at is Defence Housing. They are managed by the Department of Defence and you can be guaranteed rent for 10 years or more, whether they have a tenant in the property or not. They also carry out all the maintenance on the property and restore it to original condition once their contract is over. The pitfall is that you will pay a lot more for the management of these properties (up to 15% or more). Personally, I would not go for a Defence Housing property as I consider the fees too high and would not agree with some of their terms and conditions. However, considering your emphasis on a passive investment, this may be an option for you."}
{"_id": "230276", "title": "", "text": "\"Capitalism is supposed to be tolerable because, it is claimed, that, overall, it helps most people. Many people would question if that is true but that's the justification.   But Romney's activities helped, maybe a few dozen or a few hundred wealthy people and hurt everyone else. So there is no justification for his \"\"business\"\". It is like slavery made the lives of a few people nice and the lives of everyone else, slave and nonslave, much worse.\""}
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{"_id": "230297", "title": "", "text": "\"tl;dr: Your best course of action is probably to do a soft pull (check your own credit) and provide that to the lender for an unofficial pre-approval to get the ball rolling. The long of it: The loan officer is mostly correct, and I have recent personal evidence that corroborates that. A few months ago I looked into refinancing a mortgage on a rental property, and I allowed 3 different lenders to do a hard inquiry within 1 week of each other. I saw all 3 inquires appear on reports from each of the 3 credit bureaus (EQ/TU/EX), but it was only counted as a single inquiry in my score factors. But as you have suggested, this breaks down when you know that you won't be purchasing right away, because then you will have multiple hard inquiries at least a few months apart which could possibly have a (minor) negative impact on your score. However minor it is, you might as well try to avoid it if you can. I have played around with the simulator on myfico.com, and have found inquiries to have the following effect on your credit score using the FICO Score 8 model: With one inquiry, your scores will adjust as such: Two inquiries: Three inquiries: Here's a helpful quote from the simulator notes: \"\"Credit inquiries remain on your credit report for 2 years, but FICO Scores only consider credit inquiries from the past 12 months.\"\" Of course, take that with a grain of salt, as myfico provides the following disclaimer: The Simulator is provided for informational purposes only and should not be expected to provide accurate predictions in all situations. Consequently, we make no promise or guarantee with regard to the Simulator. Having said all that, in your situation, if you know with certainty that you will not be purchasing right away, then I would recommend doing a soft pull to get your scores now (check your credit yourself), and see if the lender will use those numbers to estimate your pre-approval. One possible downside of this is the lender may not be able to give you an official pre-approval letter based on your soft pull. I wouldn't worry too much about that though since if you are suddenly ready to purchase you could just tell them to go ahead with the hard pull so they can furnish an official pre-approval letter. Interesting Side Note: Last month I applied for a new mortgage and my score was about 40 points lower than it was 3 months ago. At first I thought this was due to my recent refinancing of property and the credit inquiries that came along with it, but then I noticed that one of my business credit cards had recently accrued a high balance. It just so happens that this particular business CC reports to my personal credit report (most likely in error but I never bothered to do anything about it). I immediately paid that CC off in full, and checked my credit 20 days later after it had reported, and my score shot back up by over 30 points. I called my lender and instructed them to re-pull my credit (hard inquiry), which they did, and this pushed me back up into the best mortgage rate category. Yes, I purposely requested another hard pull, but it shouldn't affect my score since it was within 45 days, and that maneuver will save me thousands in the long run.\""}
{"_id": "230309", "title": "", "text": "Isn't their lower effective rate due to their growing deferred tax assets?  They also had a loss carryforward from a few years back, which would lower the effective rate even further.  These accounting principles can be used to lower effective tax rates for small businesses, too."}
{"_id": "230312", "title": "", "text": "&gt;Stock down more than a percent  What an absolutely nonsensical sentence.  Typical daily swings up and down are well within that range.  To attribute a 1.2% (at the time of my comment) decline to a crappy NYT article is completely baseless correlation.  Also, Starbucks is regularly rated one of the best companies to work for at that income bracket.  Part-timers get reimbursements towards education, health benefits and retirement contributions - benefits that many companies don't even provide to their full-time staff.  What an absolutely bs submission."}
{"_id": "230340", "title": "", "text": "Can confirm. Have kids. Am not rich. Live in NYC.   Everyone got caught up on the janitor thing. It was one client of mine and I was shocked when I found out what he made. Dont know if he was born into the job, he was towards the end of his career, had been a janitor for 30 years and probably worked some over time. He doesnt live in rent controlled housing, he probably makes too much to qualify though I dont know how that works. He actually owns a pretty nice house in a working class community."}
{"_id": "230343", "title": "", "text": "\"High liquidity doesn't necessarily mean that \"\"everybody is getting rid of the stock\"\", since somebody is obviously buying whatever stock that is being sold. Also, as mentioned, low liquidity may mean that you would have trouble selling the stock in the future.\""}
{"_id": "230350", "title": "", "text": "\"&gt; Where is the EVIDENCE that they're 'just as bad'?  Give me 2 hours of their broadcast and some time to sit down with you and point out the things, and I can show you in person.  Unfortunately I haven't found any well written studies which do that, and creating one myself would require a bit more time investment than I'm willing to volunteer. I'm not especially interested in saving the world, it just seems fair to shout \"\"hey you guys they're making the sky fall\"\" from time to time. Those of us capable of recognizing the enemy should make a minimal effort at least to point that enemy out to everyone else.\""}
{"_id": "230355", "title": "", "text": "Today SPY (The S&P ETF) trades at $128. The option to buy at $140 (this is a Jan '13 call) trades for $5.  I buy the call, for $500 as they trade in 100 lots.  The S&P skyrockets to 1500 and SPY to $150. The call trades for $11, as it still has a month or two before expiring, so I sell it, and get $1100. The S&P rose 17%, but I doubled my money. If it 'only' rose 9%, to less than $140, I'd lose my investment. No, I don't need to buy the SPY I can sell the call any time before expiration. In fact, most options are not exercised, they are sold between purchase and expiration date."}
{"_id": "230380", "title": "", "text": "\"Do you think that your bank has a separate vault for just your money?   Of course not. The bank just has one big pot of money that everything gets dumped into.   They know exactly how much money each person is supposed to have. The problem is when they add up all the money in the vault... well lets just say a lot of it is missing.   That's why they are supposed to have two vaults, one with the customer's money and one with the investor's money. But since all the account tracking is done internally it becomes real easy to \"\"borrow\"\" from one vault to fund the other.  Vault: MF Global's at another bank\""}
{"_id": "230411", "title": "", "text": "Immoral is a term just begging for pedantic bullshit; I prefer not to use it.  What is really shitty is how many people's time they're wasting between job applications, callbacks, interviews, etc - all for a job that wasn't seriously being offered in the first place."}
{"_id": "230416", "title": "", "text": "\"Genuinely curious - equal or better - does that mean that if two candidates (male and female) are \"\"objectively\"\" equal, you have to hire the woman?   I'm not saying that this case could ever actually come up, but the threat of having to defend your decision against a court case is probably enough to sway a lot of decisions.\""}
{"_id": "230419", "title": "", "text": "I typically only purchase $10-$20 for each of our phones yearly as we do not use them very much.  The first year, I purchased $100 for each, but after that, any amount will continue service for a year and you keep/roll over any unused minutes.  Can't beat $$20-$60 per year for two phones...I just wish their coverage was much better in rural areas.  I wish Verizon offered the same deal as their coverage is superior in Ohio."}
{"_id": "230441", "title": "", "text": "This is so fucking stupid. If Megabus had an issue with the joint venture, they should have filed their complaint back in 2008 when the board approved the creation of Boltbus. It's obvious that Megabus did not expect Boltbus to succeed in the first place; now that it has, it's throwing a bitch fit to shut down it's biggest competitor.   I'm never taking Megabus again. I'm going to tell everyone I know to neither support Megabus nor use their services. Even if they do manage to shut down Boltbus, I wouldn't take Megabus; I'd rather take a chinese bus or pay extra and take Amtrak.   tl;dr: Boycott Megabus."}
{"_id": "230450", "title": "", "text": "\"This is precisely the problem.  Economic contraction scared people.  So instead of continuing making promises, they started paying off the promises they had (for fear that something in the future would make it so they couldn't).  This resulted in increased economic contraction because it became more difficult to trade money for service (because people basically valued paying off debt more than the service).  The biggest issue is that neither position is wrong, yet they don't work well together.  People paying off debt is fine so long as there is sill money for services, and people paying for service is fine so long as they don't rack up more debt than they can pay.  Really, it's the transitions that always get us.  Further, these transitions are constantly repeated, which is why the economic data so often displays \"\"patterns\"\".\""}
{"_id": "230456", "title": "", "text": "\"Trading at the start of a session is by far higher than at any other time of the day. This is mostly due to markets incorporating news into the prices of stocks. In other words, there are a lot of factors that can affect a stock, 24 hours a day, but the market trades for only 6.5 hours a day. So, a lot of news accumulates during the time when people cannot trade on that news. Then when markets finally open, people are able to finally trade on that news, and there is a lot of \"\"price discovery\"\" going on between market participants. In the last minutes of trading, volumes increase as well. This can often be attributed to certain kinds of traders closing out their position before the end of the day. For example, if you don't want to take the risk a large price movement at the start of the next day affecting you, you would need to completely close your position.\""}
{"_id": "230459", "title": "", "text": "I don't think you thought this through.  What ownership and profit motive will you assign to clean air/water, lead free paint/water/gasoline?  What will privatizing and creating profit motive in such public goods look like?  If private roads are so great, why didn't private institutions come up with the national highway system?  If all roads become private, at what point does the supposed benefit of privatization get overtaken by decrease in network effect that public roads provided?  Will you trust private security to enforce our laws?  How will you privatize the justice system?  In your view, what are the benefits of the profit motive behind private prisons?"}
{"_id": "230467", "title": "", "text": "Note that in the UK at least this scam - not so dissimilar from what you propose - seems be perfectly legal behaviour: Evidence to date is that both of you can expect to walk away without much consequence."}
{"_id": "230478", "title": "", "text": "Had a guy, out in a store in Plymouth I was at, try to steal a case of crab legs.  Manager stops him in the vestibule, gets bitten.  Was about twice a month that we'd have people in the office waiting for the cops.  Nevermind how many times the bank there got robbed at gunpoint.  Affluent neighborhood too."}
{"_id": "230505", "title": "", "text": "\"Correct, but then you have to think of all the people that have to buy new transmissions, new engines, new suspension, etc.  Production of those also require manufacturing. I'm not saying holding on too a car is bad, but it's not a black and white \"\"running a car until it disintegrates is better\"\" situation. And why not get a Tesla and then run THAT into the ground? You don't have to buy it right away, but your next car could be a Tesla or other electric vehicle.\""}
{"_id": "230511", "title": "", "text": "It's called inadequate testing. When your supply chain is all over the place instead of having a couple of known entities, it requires a more careful watch. Occam's razor says Chipotle is being negligent.  And their locations certainly aren't as clean as they used to be...  Chipotle is under a microscope now, of course, so we'll see even more things caught and reported that may have slipped under the radar if the media didn't think there was money in reporting it."}
{"_id": "230517", "title": "", "text": "Which explains why my job as a high school English teacher did not sustain my family and I without part time jobs, summer jobs, and getting into some debt. My wife stayed at home with our three children for the first 11 years.   When I finally began a new year-round teaching job at a youth prison, we could finally own a nice home and decent car. But it was very difficult. We returned birthday presents and I worried a lot about making enough money for our family.  We did not have health insurance for the first seven years of our marriage because we wanted to be able to eat."}
{"_id": "230534", "title": "", "text": "\"People's value of money is not always linear.  Consider an individual with $1000 in the bank.  I'm going to look at amounts of debt by orders of magnitude: Now its pretty easy to see a order of magnitude increase in impact from $100 to $1000, and it becomes slightly worse for the $10,000 case due to debt.  However, one more order of magnitude, going to $100,000, and suddenly it becomes hard to argue that there's a mere \"\"order of magnitude more hurt\"\" than the $10,000 case.  From the cases I've read, those sorts of situations can be far far worse than the monetary cost could convey. Insurance companies are in a good position to absorb $100,000 of debt if something happens, far better position than the individual.  They rely on the central limit theorem: in general, they don't have to pay out all at once. The insurance companies have their limits too.  When hurricane Katrina came through, the insurance companies had a tremendously difficult time dealing with so many claims all at once.  Just like the individuals, they found a sudden change in how much value they had to put on their monetary debts!\""}
{"_id": "230540", "title": "", "text": "Staying in one place isn't consent. It's the equivalent as someone pointing a gun at you and saying that you consented to them shooting you because you didn't move.  Taxes are taken by force (directly or indirectly through the barrel of a gun).  Again, another false equivalence."}
{"_id": "230552", "title": "", "text": "There is no reason that HFT in itself should be illegal. It provides a significant advantage to companies with access to those automated systems but then, we might as well eschew NASDAQ and go back to the manually traded days of NYSE or ban day trading in favor of long-term investing.  What is problematic is that they place and immediately cancel large number of orders for two reasons - to test the market and to slow down the competition.  A proposed ~~tax~~fee to charge for cancellation of non-executed trades seems like an interesting solution."}
{"_id": "230561", "title": "", "text": "I'm paying 730/month for a 1,600 square foot, 3 bedroom house with an attached 2 car garage and quarter acre lot. And I own, not rent. So yeah, that still seems retarded expensive. Even the cheap and shitty places are way overpriced.  Also I would say some parts of Brooklyn are awesome and beautiful and the majority is pretty shit. It has come a long way in the last decade or so, but the majority of it is still not what I would call a nice place to live."}
{"_id": "230564", "title": "", "text": "\"I guess I should explain a little in detail since you really don't seems to understand why sometimes anecdotal evidences are not useful and why sometimes they are.   It has nothing to do with economy sub or not, but rather simplw logic. Anecdotal evidences can be useful to refute universal claims theories. For example, if anyone claims that \"\"all swans are white\"\", then all it takes is one anecdotal observation of one black swan is enough to disprove this theory. There is no need to bring additional statistcally significant evidence in order to prove \"\"Not all swans are white\"\". In fact this is how lot's of theories were disproved by contracting observation.  A lot of people keep hearing things about \"\"anecdotal\"\", but never truly understood why they are not significantly important in certain situations, thus making the mistake.\""}
{"_id": "230566", "title": "", "text": "If you aren't a US National (citizen or Green Card holder or some other exception I know not of), you're an alien, no matter where else you may or may not be a citizen. If you don't meet the residency tests, you're nonresident.  Simple as that."}
{"_id": "230581", "title": "", "text": "\"Short answer: It depends :) It should generally be cheaper to get a loan directly from a bank, but often a mortgage broker can find you deals that you might not be able to get with a local bank.  If you are refinancing, the cheapest option of all is usually to go through the bank that holds your existing mortgage. As for how mortgage brokers make their money, there are two ways.  The first is on the \"\"front end\"\" through fees (origination fees especially) that go directly to them.  The second and less obvious is on the \"\"back end\"\".  This is where they make money by giving you a loan at a slightly higher rate than the lender was willing to give you.  So, let's say they find a lender that will give you a loan at 5.25%.  They offer that loan to you at 5.5% and pocket the extra .25% when the bank takes it over.\""}
{"_id": "230589", "title": "", "text": "You want to sell for 61.15, but the most the best buyer will pay is 61.10? The HFT trader forces you both to trade over a gap of a nickel AND makes a nickel in profit??      How does he do that, with magic?"}
{"_id": "230596", "title": "", "text": "First, what free market? What does that mean? Last I checked a lot of major banks, car manufacturers, oil, and food companies are subsidized. Second there's basically two options. Let people starve which will lead to riots. Or something like a basic income. However the problem with basic income is that it doesn't change the infinite growth paradigm which will be confronted by the finite planet."}
{"_id": "230608", "title": "", "text": "\"You mean \"\"I don't understand why someone would sign a contract expecting the employer to observe it\"\"?   Pensions are contractual obligations. It's only the massive mismanagement, lack of fiscal responsibility, and evisceration of employee bargaining power that puts us in a position to think that employers wouldn't observe their contractual obligations.   I mean, if this were the mortgage market, you would be arguing to banks \"\"What the hell made you think this homeowner would keep paying you 6% interest on this money when you're not providing any kind of value twenty years later?\"\"\""}
{"_id": "230612", "title": "", "text": "\"No you should not borrow money at 44.9%.  I would recommend not borrowing money except for a home with a healthy deposit (called down payment outside UK). in December 2016, i had financial crisis So that was like 12 days ago.  You make it sound like the crisis was a total random event, that you did nothing to cause it. Financial crises are rarely without fault.  Common causes are failure to understand risk, borrowing too much, insuring too little, improper maintenance, improper reserves, improper planning, etc...  Taking a good step or two back and really understanding the cause of your financial crisis and how it could be avoided in the future is very useful.  Talk to someone who is actually wealthy about how you could have behaved differently to avoid the \"\"crisis\"\". There are some small set of crises that are no fault of your own.  However in those cases the recipe to recovery is patience.  Attempting to recover in 12 days is a recipe for further disaster. Your willingness to consider borrowing at 44% suggests this crisis was self-inflicted.  It also indicates you need a whole lot more education in personal finance.  This is reinforced by your insatiable desire for a high credit score.  Credit score is no indication of wealth, and is meaningless until you desire to borrow money.  From what I read, you should not be borrowing money. When the time comes for you to buy a home with a mortgage, its fairly easy to have a high enough credit score to borrow at a good rate.  You get there by paying your bills on time and having a sufficient deposit.    Don't chase a high credit score at the expense of building real wealth.\""}
{"_id": "230625", "title": "", "text": "\"&gt;Taxes make money disappear from the economy.  But those taxes are used to pay for labor, in most cases.  The state workers that fix the roads are paid with tax money. As are all the supplies and equipment, for example.  I think I understand the debt bit - If I buy a house and default on it, that money is \"\"gone\"\", but the house remains to be sold by the bank later.  Only the interest is really missing, right?\""}
{"_id": "230626", "title": "", "text": "The US still has plenty of apparel manufacturing capacity.  A lot of it is used by smaller brands, but some is also used for overflow and quick turnaround orders.  Dealing with the Navy and government procurement regulations may be more at fault than capability or capacity."}
{"_id": "230629", "title": "", "text": "It could be the counter point to Amazon.  They have the real estate and infrastructure in place to sell like the Original Sears Catalogue.  Create a web platform similar to Amazon.  And inventory the best selling products in the store.  For immediate pickup or delivery.  In essence allow entrepreneurs to build a business with the platform."}
{"_id": "230646", "title": "", "text": "\"A Credit Default Swap (CDS) is a contract between two parties. A useful analogy is insurance (but by no means exact).  I pay a quarterly premium in order to insure myself against another event.  In this case, it might be that I own some IBM Bonds.  I am happy to own those bonds, and like the \"\"coupon\"\" that they pay me.  But I am a little worried about IBM going bankrupt.  So I can find someone willing to sell me a CDS.  So long as I keep up my \"\"premium\"\" payments, if IBM goes into default on their bonds, I get a payout. This analogy does break down at a couple of levels.  Firstly there is no requirement that I have to own the IBM bond in the first place.  I can in effect then \"\"take a view\"\" on IBM going into default by purchasing a CDS without owning the underlying asset. Also in the real insurance world, there are various capital requirements that the companies have to adhere to, while CDS market, being essentially unregulated has none. So to summarize, and while The Pedia has a pretty good article, they are good both to hedge your bet (i.e. protect your actual owned asset) or as a speculative tool to take a \"\"view\"\" on the likelihood of a company to go bankrupt.\""}
{"_id": "230656", "title": "", "text": "Sure you can fight trends.  Investors are looking to management to show that they have enough introspection to understand their challenges and enough boldness to address them.  If you can't inspire confidence in the future of your company to the investor community, then prepare to have your board and management replaced by people who can."}
{"_id": "230666", "title": "", "text": "There are several ways to protect against (or even profit from) a market correction. Hedge funds do this by hedging, that is, buying a stock that they think is strong and selling short a paired stock that is weak. If you hold, say, a strong retail company in your portfolio, you might sell short an equal weight of a weak retail company.  These are like buying insurance on your portfolio. If you own 300 shares of XYZ, currently trading at $68, you buy puts at a level at a strike price that lets you sleep at night. For example, you might buy 3 XYZ 6-month puts with a strike price of $60. A disadvantage is that the puts are wasting assets, that is, their time premium (which you paid for at the outset) becomes zero at expiration. (This is why it is like insurance. You wouldn't complain that your insurance premium was lost when you purchase insurance on your house and the house doesn't burn down, would you? Of course not. The purpose of the insurance is to protect your investment.) Note that as these puts are married, they only protect your portfolio. Instead of profiting from a correction, you would merely protect your portfolio during a correction. (No small feat!) If your portfolio is similar to the market, you can buy S&P index puts. If your market reflects a lot of technology, you can buy technology sector puts.  Say you have a portfolio of $80K that reflects the market. You could buy out-of-the-market puts (again reflecting your tolerance for loss). Any losses in your portfolio after the puts go in-the-money would be (more or less) offset by gains in the puts.  An advantage is that the bid/ask spread is smaller for the S&P. You would pay less for the protection. Also, the S&P puts are cash settled (meaning you get money put in your account on the business day after expiration day). A disadvantage is that the puts do not linearly go up as the market drops. (Delta hedging is a big deal in and of itself.) Another disadvantage is that they are wasting assets (see the Married puts section, previous). While the S&P puts can be used to maintain your market portfolio in the midst of a correction, you could purchase more puts than needed. If you had correctly timed the market, then your portfolio with puts would increase. (Your mileage may vary; some have predicted an imminent market crash way too often.) Collars involve selling out-of-the-money calls and using the premiums to buy out-of-the-money puts. There are many varieties of collars, but the most straightforward is to sell 1 call and buy 1 put for every 100 shares. (This can also be done for index puts and calls.) This has the effect of simultaneously: You get your insurance for almost free. But again, it is protecting your portfolio.  As the name implies, you make money when the market goes bearish.  Bear put spreads involve buying puts at a close strike price and selling an equal number of puts at a lower strike price than the first. You have a defined maximum loss (the premium you paid for the higher put minus the premium you received for the lower put). You have a defined maximum gain (the difference between strikes minus the defined maximum loss).  Buy S&P 500 index puts. If you buy deep out-of-the-money puts, it won't cost much, but you have little probability of it paying off. But if they go in-the-money, there could be a sizable payoff. This is similar to putting one chip on red 18 on the roulette wheel. But rather than paying off 35:1, it is a variable payoff. If you're $1 in the money, you just get $100. If you're $12 in the money, you have a $1200 payoff.  If you buy at-the-money puts, it will cost a lot, and your probability will be about 1 in 2 that you will pay off. In our roulette analogy, this is like putting 30 chips on the Even bet of the roulette wheel. The variable payoff is as in the previous paragraph. But you're more likely to get a payoff. And you will lose it all of the roulette ball lands on an Odd number, 0, or 00. (That is, the underlying of your put goes up or stays the same.) If your research shows you what good stocks to buy, it may also tell you which stocks are ripe for a fall. You could short-sell these stocks or buy puts on them.  Similar to short-selling stocks or buying puts, you could sell short overpriced sectors or buy puts on them. There are ETFs that will allow you benefit from falling prices without needing to have a margin agreement or options agreement in place.  Sorry to have a lengthy answer. Many other answers emphasize that one shouldn't try to time the market. But that is not the OP's question. Provided here are both:"}
{"_id": "230670", "title": "", "text": "&gt; I've done the math - I had to, as I received a bay area offer.  [Oh really?](https://smartasset.com/mortgage/what-is-the-cost-of-living-in-san-francisco). In san fran,  * Housing prices are 3-3.5x  * Rent prices lead the nation, 30% more expensive than the closest city (New York!). [This is across the board, and roughly 2-3x the national average](https://www.apartmentlist.com/rentonomics/national-rent-data/).  In fact, the average rent for a 2 bedroom in san fran exceeds the median salary, nation wide.   * Downtown parking is [2-3x the national average](http://cityobservatory.org/the-price-of-parking/), and second only to places like New York.   * Gas is 38% higher in san fran over the national average.   * Basic food staples, like eggs and cheese and meats are 30-70% more expensive.   * It has the highest patient costs for routine doctor visits compared to anywhere else in the country.   You're spreading uninformed propaganda.  If anything, it's worse than I mentioned above.  Since costs range between 30 and 300% of the national average, the higher % for the large chunks of a family's pay check.   &gt; It's only housing, which is not a big enough of a expense to come even close to your outlandish claim.  HAHAHA.  That's a good one.  It's almost like housing [isn't the largest expense for most of this country](http://money.cnn.com/2016/06/22/real_estate/rent-affordability-housing-harvard/index.html).  What? Are you sharing a one bedroom with 5 other people?   Rent alone will cost you 30-50% of a 120k salary, after taxes.   &gt; I'm tired of people who have no cold hard facts  I see 0 cold, hard facts in your parroting post. Maybe you should try taking your own advice, and redoing that math before you start bitching about other people not doing what you yourself haven't done."}
{"_id": "230685", "title": "", "text": "Sure they did.  You could install whatever software you wanted.  The main crux back then was bundling Internet Explorer.... its hysterical.  Now a days everybody wants a web browser bundled in and nobody bats an eye at it."}
{"_id": "230718", "title": "", "text": "I am a financial analyst now for a fortune 500 company, about to graduate a rotational program. Every company has financial analysts, and finance is a great field to be in right now. Think about what you would want in an analyst. Math, stats, strong writing and analytical skills, proven experience (internships) and desire to learn are great. I interned at a bank and defense contractor and attempted to start a small business in college, speaking to what I learned was what helped me during interviews"}
{"_id": "230724", "title": "", "text": "Probably the most accurate way is to just fill out your tax forms using numbers extrapolated from your current paycheck. If you don't typically itemize your deductions, you should be able to get pretty close."}
{"_id": "230733", "title": "", "text": "\"Classic investing guru Benjamin Graham defines \"\"An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.\"\" He contrasts this with speculation which is anything else (no thorough analysis, no safety of principal, or no adequate return). The word \"\"adequate\"\" is important, since it contrasts adequate returns with those that are either lower than needed or higher than necessary to reach your goals.\""}
{"_id": "230734", "title": "", "text": "Krijg verschillende soorten Openhaardhout onder \u00e9\u00e9n dak , zijn er verschillende brandende personages zoals berken verbrandt snel en gemakkelijk , die het uitstekend voor speksteenkachel maakt . Andere open brandhout zoals eik brandt langzaam maar maakt goed open haard hout. Al het hout is kunstmatig gedroogd om u perfect verwarming ervaring in de late winter 's avonds evenals het behoud van milieu veilig en gezond . Krijg gedroogd brandhout in grootte blokken om gemakkelijk een voorraad op uw haard ."}
{"_id": "230735", "title": "", "text": "\"Why do you keep going on about postive test results? You do realise that the drug doesn't last very long in the system, and as explained by the testimonies there were techniques to delay blood testing until it was clear from the system such as cyclists ringing each other up telling them that testers are here and to say out on the track for longer, or to dope more often at night when testers weren't around, or to simply not answer your door when testers came around.  And yes there were was a test result, I don't remember which year exactly that when tested at the time was found to have no drugs, but thats because the drug he used wasn't detectable by any method. The blood was retested later on when they did have a method to test for it and they did find it in his system.  Let's say I have a gun which disappears into thin air after firing. I use it to kill a person in a room full of people. Nobody sees me directly firing the gun but I do manage to use it to kill someone, and the gun disappears. Police search everyone including me for a gun but find no gun. They find that I had motive but again, no gun. Now a week later 26 of my accomplices, one of them who was the person who manufactured this magical gun, own up to the police and confess how I was able to do what I did. Wouldn't it be stupid of me to argue \"\"You never found a gun on me after the murder, therefore I'm innocent!\"\"  The gun is like the drug. It disappears after use. With the drug it's not so instant but still disappears fairly quickly with regards to the blood testing frequency. Therefore do you not see how it is stupid to say \"\"No positive test results, therefore it's evidence he never used drugs!\"\" Again I'll reiterate it incase you still don't understand it. TRACES OF THE DRUG DISAPPEARS QUICKLY FROM THE BLOOD.\""}
{"_id": "230770", "title": "", "text": "In this kind of search setup, the firm offloads the executive employment work to the executive search firm. They charge a set percentile of the chosen candidate's yearly wage. Usually, it pays in three instalments. This is one of the most popular in one bulk types of choosing such employment firms. Many people find paying in instalments more preferable than paying amount."}
{"_id": "230802", "title": "", "text": "My boss, he is the archetypal school loner type who found his way to a bit of authority and enjoys tormenting anyone who he sees as a threat. Generally he leaves me alone but his constant wining and the drama he creates for others really annoys me."}
{"_id": "230820", "title": "", "text": "No one is to blame other than these antiquated ceos that are so out of touch with the public. If half of your failed aplicants are failing due to mj maybe its time reevaluate your requirements perhaps ? The excuse of saftey concerns is completely misleading bs. I wonder how many current employees most likely use mj regularly. Fact is the general public view mj as more innocuous than alcohol yet these companies use its illegality as a reason to dodge isurance claims when thier employees are injured. Most frustrating part of this article is when he complains about being unable to compete with germany ...you know why ? Because most of Europe doesnt have completely invasive drug testing procedures and instead recruits based on qualification and performance like any good company should."}
{"_id": "230823", "title": "", "text": "\"I would just buy one ETF (index-fund) on the market you think will perform better. It will take care to buy the 5 most solid stock in this market and many other more to reduce the risk to the bear minimum. You will also spend only few bucks in comissions, definitely less than what you would spend buying multiple stocks (even just 5). It's hard enough to forecast which market will perform better, it's even harder to do stock picking unless you have the time and the knowledge to read into companies' balance sheets/economic incomes/budgets/market visions etc. And even if you are great in reading into companies balance sheets/economic incomes/budgets, the stock market usually behaves like a cows' drove, therefor even if you choosed the most valuable solid stocks, be prepared to see them run down even a 50% when all the market runs down a 50%. During the 2008 crisis the Europe market has lost a 70%, and even the most solid sectors/stocks like \"\"Healthcare\"\" and \"\"Food & Beverage\"\" lost a painful 40% to 50% (true that now these sectors recovered greatly compared to the rest of the market, but they still run down like cows during the crisis, and if you holded them you would have suffered a huge pain/stress). But obviously there's always some profet/wizard which will later tell you he was able to select the only 5 stocks among thousands that performed well.\""}
{"_id": "230825", "title": "", "text": "\"the \"\"consumer relief\"\" only affects people who have mortgages.  so people who lost everything don't have mortgages any more and are unaffected by this \"\"consumer relief\"\"  the \"\"relief\"\" is not limited to individuals directly harmed by the bank.  recipients are chosen by the bank, for the bank's maximum profit extraction.\""}
{"_id": "230842", "title": "", "text": "\"This is where Black parents have everyone beat. $20K? fuck outta here. We send our kids to a project track club or AAU basketball team for the summer. He will \"\"rough it\"\" and come back running a sub 5 40 or with a sick crossover.\""}
{"_id": "230852", "title": "", "text": "\"&gt; \"\"There is no such thing as a 'good' counterfeit medicine,\"\" Deats explains. \"\"The bottom line is that they don't work.  This insertion brought to you by the big pharma industry. Yep, only our stuff works. Nope, doesn't matter if there is a sound bio chemical investigation behind it. Yep, taking generics will kill you.\""}
{"_id": "230855", "title": "", "text": "Foodex Trade Ltd is the United Kingdom based Exporter and wholesaler provider. We are bordering with a portion of the unmistakable providers and merchants in the food and beverage industry. We convey a wide collection of caffeinated beverages, including Monster energy drink and some more. Our organization has been this business since 2006, we have a large distribute network and we believe committed to delivering all the goods at a perfect time."}
{"_id": "230857", "title": "", "text": "Losings tens of millions of dollars but winning a bunch of awards - I'll leave it to others here to decide if that would make them feel that they are running a company that could really be called successful. I'd rather make even a few *thousand* dollars in profit, from scratch, while losing every possible award category my product could be eligible for."}
{"_id": "230861", "title": "", "text": "Your right they\u2019re brand focuses on on that specifically like no one else. Its in their name. Here in LA its either IHOP, Denny\u2019s, or NORMS. but no one does breakfast like IHOP. I went to Applebee\u2019s years ago, and all i remember is that its nothing special. kind of a mix of everything."}
{"_id": "230888", "title": "", "text": "The problem with this plan is that in order for your children to put money in their own IRA, they need earned income of their own.  If your child doesn't have $3000 in earned income for the year, you won't be able to put the $3000 into their Roth IRA."}
{"_id": "230897", "title": "", "text": "Self-insure a $250K+ house that's deemed to be in a flood zone? Wake up, have coffee. If you don't change your mind, have another cup."}
{"_id": "230898", "title": "", "text": "\"I remember once using a buzzword on an interviewer and he said something like \"\"great what do you mean by that\"\".  And I strung together a meaningless line of words and that was the end of that.  There is a lot of risk in pretending to know more than you do--particularly if you are not already in the top of the management structure.  You had also better know how to deal with someone who doesn't give a fuck and challenges you on every meaningless buzzphrase.\""}
{"_id": "230906", "title": "", "text": "\"Guess the military doesn't get those sweet, sweet OT bucks.  Seriously, though. This is what happens when departments are stupid and don't hire the people they need.  Having said that, I'm pretty okay that some SWAT guy gets more than an executive manager. When an executive \"\"takes a hit\"\", it's because their pet project overran the budget. When a SWAT officer \"\"takes a hit\"\" they end up in the ICU. Plus, as is the case with firefighters, it's not exactly a job that you can do for a long time. There's a period of physical fitness that you can only stretch for so long, and the nature of the job tends to mean that injuries are very likely to suddenly terminate your ability to perform your job. Got to get your retirement covered while you can.\""}
{"_id": "230908", "title": "", "text": "There are few main reasons I can think of that the salesperson would do this: A lot of people assume it's the 3rd option always.  But if the person is reputable, it's most likely 1 or 2. You can't run a business doing option 3 for long without getting a reputation."}
{"_id": "230911", "title": "", "text": "&gt; Many of these companies use public easements or have had public funds invested in them.  The railroads were publicly funded (bond issuance) in the 19th and 20th century, yet we recognize that those are now privately owned.  &gt;there would just be some regulations placed on how they can operate it.  I'm confident that well-considered regulations would allow owners of that infrastructure to charge higher rates for those who use the services disproportionately."}
{"_id": "230948", "title": "", "text": "If the best they can do is 1/8th of a percent for a 15 year term, you are best served by taking the 30 year term. Pay it down sooner if you can, but it's nice to have the flexibility if you have a month where things are tight."}
{"_id": "230956", "title": "", "text": "It passes itself off as the provider of all things that it touches. Obviously that's bullshit, but the state believes it comes before the chicken or the egg. If it claims to own everything then it gives everything you have as a loan. At least the statists I have argued with seem to think the state provides first and you receive. Like some religious arrangement since the state is often passed off as benevolent."}
{"_id": "230961", "title": "", "text": "Linking the card is primarily to give you (and Paypal) a fall-back option for funding your spending if your bank account doesn't have sufficient funds to process the charge.  If the bank account has sufficient funds, it will work fine in many cases without a credit card. If you have both linked (bank and a credit card), Paypal will transfer funds immediately, as Paypal knows it has an option for getting the funds if the bank has insufficient funds.  However, if you have no credit card linked or remove your only card: If you remove your only card and have a confirmed bank account, you\u2019ll no longer be able to make instant bank payments. Instead they\u2019ll be sent as eChecks, which take 3 to 4 working days to process. This may not matter in many cases, but it may delay things some.  There may also be services who require immediate payment (and won't support PayPal if it's not immediate). There may also be some functional limitations.  The one I see is primarily that some services that are geo-location-specific, Spotify for one example, use the credit card to verify that you are in a particular location (in Spotify's case, for licensing purposes).  They don't seem to accept Paypal unless it's linked to a credit or debit card (even if it's verified via a bank account).  I'm not sure if this is common with other services, but it's something to consider."}
{"_id": "230970", "title": "", "text": "Generally, I would say that you should pay it off if you have the money available. Why pay interest if you have the money? That is, of course, if your money can earn you more than the interest you pay (which can happen if you got a very low APR for your car loan, but then you probably have excellent credit already and shouldn't care about the history of the loan on your report). Re the 7 years vs 2 years - to the best of my knowledge its not true, it will stay 7 years even if its closed during the first year."}
{"_id": "230973", "title": "", "text": "According to the Credit Union National Association (NCUA), in recent years there has been a noticeable trend of credit unions lending money to credit union members for business. Some of these credit unions have already lent billions in business loans. The size of an average loan of this type is approximately $200,000. It appears that this trend will continue since credit unions seem willing to lend more. In some cases credit unions have even gone as far as creating new divisions specifically to work with small business owners."}
{"_id": "230993", "title": "", "text": "Keep in mind that this only really affects a few European nations, and we currently have a surplus.  We\u2019ve seen a rise of popularity of wine from other countries such as Australia and New Zealand, so it might only be region-specific wines that\u2019ll be noticeably affected (such as Champagne for example)."}
{"_id": "230997", "title": "", "text": "\"Back in the olden days, if you wanted to buy the S&P, you had to have a lot of money so you can buy the shares. Then somebody had the bright idea of making a fund that just buys the S&P, and then sells small pieces of it to investor without huge mountains of capital. Enter the ETFs. The guy running the ETF, of course, doesn't do it for free. He skims a little bit of money off the top. This is the \"\"fee\"\". The major S&P ETFs all have tiny fees, in the percents of a percent. If you're buying the index, you're probably looking at gains (or losses) to the tune of 5, 10, 20% - unless you're doing something really silly, you wouldn't even notice the fee. As often happens, when one guy starts doing something and making money, there will immediately be copycats. So now we have competing ETFs all providing the same service. You are technically a competitor as well, since you could compete with all these funds by just buying a basket of shares yourself, thereby running your own private fund for yourself. The reason this stuff even started was that people said, \"\"well why bother with mutual funds when they charge such huge fees and still don't beat the index anyway\"\", so the index ETFs are supposed to be a low cost alternative to mutual funds. Thus one thing ETFs compete on is fees: You can see how VOO has lower fees than SPY and IVV, in keeping with Vanguard's philosophy of minimal management (and management fees). Incidentally, if you buy the shares directly, you wouldn't charge yourself fees, but you would have to pay commissions on each stock and it would destroy you - another benefit of the ETFs. Moreover, these ETFs claim they track the index, but of course there is no real way to peg an asset to another. So they ensure tracking by keeping a carefully curated portfolio. Of course nobody is perfect, and there's tracking error. You can in theory compare the ETFs in this respect and buy the one with the least tracking error. However they all basically track very closely, again the error is fractions of the percent, if it is a legitimate concern in your books then you're not doing index investing right. The actual prices of each fund may vary, but the price hardly matters - the key metric is does it go up 20% when the index goes up 20%? And they all do. So what do you compare them on? Well, typically companies offer people perks to attract them to their own product. If you are a Fidelity customer, and you buy IVV, they will waive your commission if you hold it for a month. I believe Vanguard will also sell VOO for free. But for instance Fidelity will take commission from VOO trades and vice versa. So, this would be your main factor. Though, then again, you can just make an account on Robinhood and they're all commission free. A second factor is reliability of the operator. Frankly, I doubt any of these operators are at all untrustworthy, and you'd be buying your own broker's ETF anyway, and presumably you already went with the most trustworthy broker. Besides that, like I said, there's trivial matters like fees and tracking error, but you might as well just flip a coin. It doesn't really matter.\""}
{"_id": "231012", "title": "", "text": "I'd hazard that Jim is mostly worried that people are getting ripped off by high employer 401(k) fund fees. A lot of employers offer funds with fees over 1% a year. This sounds low-ish if you don't realize that the real (inflation-adjusted) return for the fund will probably average out to about 4%, so it's really something like a quarter of your earnings gone. With an IRA, you don't have to do that. You can get an IRA provider which offers good, cheap index funds and the like (cough Vanguard cough). Fund fees will probably be closer to 0.1%-ish. HOWEVER. The maximum IRA contribution in 2013 will be $5,500. The maximum for a 401(k) contribution will be $17,500. That extra capacity is enough to recommend a 401(k) over an IRA for many people. These people may be best served by putting money into the 401(k) and then rolling it over into a rollover IRA when they change jobs. Also, certain people have retirement plans which offer them good cheap index funds. These people probably don't need to worry quite as much. Finally, having two accounts is more complicated. Please contact someone who knows more about taxes than I am to figure out what limitations apply for contributing to both IRAs and 401(k)s in the same year."}
{"_id": "231068", "title": "", "text": "\"This is a good explanation of what you meant.  \"\"fair inequality\"\" is extremely vague.    Ideally, one would want as little inequality as possible, but we both know that this is un-achievable and also undesirable from a motivational aspect.  Thus, you want just enough inequality to encourage people to work harder and/or get advanced degrees so they go into other fields.\""}
{"_id": "231081", "title": "", "text": "\"I always hear people pronounce it to rhyme with \"\"bagger\"\".\""}
{"_id": "231084", "title": "", "text": "I think there's no single one size fits all way to do hierarchies and flat structures.  One can have very insular divisions where everything goes in and out of the division via the supervisor in charge of them, but all of the divisional supervisors having a very flat structure working among each other, for example.  I think this resolves a lot of the noise issue from low-ranking employees talking to people that they really shouldn't be while still maintaining the efficiency benefits for low level management which presumably has enough seniority to understand how things work (or are new people in those positions who are important enough to handhold them through learning that quickly)."}
{"_id": "231088", "title": "", "text": "\"Sony made two giant mistakes  They got into the \"\"content\"\" business when they bought a movie studio and record company. The worries over copy prevention crippled their innovation  They put too much emphasis on \"\"stye\"\" and lost the edge in technology\""}
{"_id": "231090", "title": "", "text": "There is 2tn overseas so that gives half. Lowering taxes doesn't do anything. These companies are HOARDING. What exactly do you think they will do if they pay *less*? Absolutely nothing. Larger paychecks to exects.. automatically going to start doing what that they didn't do with billions after tax profit?"}
{"_id": "231097", "title": "", "text": "\"Yeah, but they like it like that.  If you really want to see how badly we have been lied to watch:  13th.  The title of Ava DuVernay's extraordinary and galvanizing documentary refers to the 13th Amendment to the Constitution, which reads \"\"Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States.\"\" The progression from that second qualifying clause to the horrors of mass criminalization and the sprawling American prison industry is laid out by DuVernay with bracing lucidity. With a potent mixture of archival footage and testimony from a dazzling array of activists, politicians, historians, and formerly incarcerated women and men, DuVernay creates a work of grand historical synthesis.  Watch [13th](https://www.netflix.com/watch/80091741?trackId=13752289&amp;tctx=0%2C0%2C1870540d3b211ad4e4609c81764d151ef14a23f0%3A0904e12b52de6ca627db4df50a14ce04ce2d354c) on Netflix to see where this all has led.\""}
{"_id": "231098", "title": "", "text": "* In the 70's, 80's and early 90's there were pinstriped brokers who took orders over the phone from people who wanted to buy and sell. They had a huge competitive advantage over the rest of the market due to the lack of transparency in the market's order book. Therefore you got screwed every time you wanted to trade, ie the markets were less efficient because transaction cost was high. Transaction cost is = bid-ask spread + how much you get screwed by the market insiders.  * In the 90's and early 00's there were automated trading systems that allowed people to conduct trades directly with computers, aka Algorithmic Trading. The markets were more efficient, because spreads became tighter as more people were able to enter the market on this platform (e.g. [Lightspeed](http://lightspeed.com)). The ability for market insiders to screw the general market was lessened because the exclusive access to the market's order book was eroded. Of course some Algorithmic Trading operations had a huge competitive advantage because they had great systems and great people. However it wasn't talked about because those who new about it were making a killing and keeping their mouths shut.   * Then in the mid to late 00's there was co-located algorithmic trading on very fast systems, aka HFT, a natural evolution of Algorithmic Trading. Now market insiders (= people with enough resources to field co-located machines and the the engineer/traders to manage them) expanded their  competitive advantage by discovering the market's order book (as they are able to see orders in a fraction of a second and then act on those orders). However to retract this natural efficiency in the markets you would need to create some kind of set of rules to even out the playing field. How can that be done?   ** Option 1) Transaction tax would just make the markets less efficient by increasing the cost of buying and selling. A generally bad thing because it discourages traders (to put money into stocks), which is of course how the capital markets are supported.   ** Option 2) Create rules to ensure everyone sees the same information at the same time and then permit anyone to use whatever technology they want to act on that information, so that the most efficient trading operations win.    ** Option 3) Create some artificial environment where no-one is allowed to have an advantage:  ensure everyone sees the same information at the same time, ensure everyone has the same technology, and ensure that the people who manage the systems have the exact same experience and intelligence etc...      Of course #2 is how it works, and it is the meritocratic basis which underpins Capitalism. I don't see why people have a problem with it."}
{"_id": "231100", "title": "", "text": "\"They wouldn't have a low price liquidation. \"\"Liquidator companies\"\" buy them, re-tag everything to make them appear to be deals, then put up signs like \"\"fire sale!\"\" all over. This happened with Circuit City most notably and with the internet, it was exposed and even mocked how fake and misleading the sell-off was. It was their swan song of rip-offs and they executed it perfectly...at first.     There is no liquidation sale. It was all just another campaign of behavioral economics to prime you into buying decisions.\""}
{"_id": "231105", "title": "", "text": "You should check the details of those balance transfers - they typically have a 3 to 5 % 'one-time fee', which means you pay nearly a year's interest right away. And then every time you transfer the total on again. Also, this fee gets added to the credit card total, and it is possibly considered paid last (after you paid off the completed transferred balance), so it cost interest for the whole time (and that interest is different, maybe 19.99 % or worse). It is probably a better idea to refinance for 5 years at <3%, and they pay off as fast as possible."}
{"_id": "231113", "title": "", "text": "He gets a lot of praise, but I'm unsure if it's more due to his own skill or Ballmer's incompetence. Seriously weird decisions happened during his time as a CEO. Even at the time, the Nokia thing didn't make much sense and was very controversial.  Nadella is also directly responsible for breaking new ground as forming the first [ad supported operating system](http://www.google.se/search?q=windows+10+ads), a move not going into the history books for the right reasons.  But yeah, besides this, he seems to be the right person for the company. During his time, we've also got things like the high quality Microsoft Surface lineup, and the Ubuntu subsystem on Windows. Hell, maybe ads is even what Windows 10 needs, I have no idea. I guess it depends on how the general public takes it, how much people care, versus how much they give Microsoft. Personally it's helped me realize how little I actually depend on Windows nowadays. It's new times now, with so much and so many services web based. The strings that have tied me are getting weaker and some have already broken. Photo post-processing and library management via Adobe Lightroom has been a strong one, but Raw Therapee is becoming very good indeed."}
{"_id": "231115", "title": "", "text": "I would honestly find it difficult to believe that the high rate of failure are due to opioids (they break down way too fast and many have some kind of scrip even if the legitimacy is questionable). Admittedly we have an epidemic in our country however I would suspect that the author is looking at general failure rates and then mentioning opioids in the same breath as I don't think I have ever seen public data on what drugs people are being failed for.   Also while the article mentions opioids it also mentions an upcoming medicinal law in Ohio that is expected to be a problem for employers heavily drug testing. This leads me to further believe that any testing stats mentioned are aggregates.   EDIT: And lets be honest, opioids are eyeball grabbers in discussion these days. When you have ghost white parents passed out in public places, children overheating in the back of a minivan that is going to grab your attention. I don't think anyone has been horrified like that watching someone stoned eating an entire large pizza on their own."}
{"_id": "231116", "title": "", "text": "Because there's no classes or even full on majors in English anywhere in Europe...  Edit: Thanks for the downvotes. Seems like Americans like to fuck their lives up financially until they're 60 than to look for alternatives that don't handicap them."}
{"_id": "231133", "title": "", "text": "You are not asking for insurance purposes. So I'll go with this - I have two asset numbers I track. All investments, retirement accounts, etc, the kind that are valued at day's end by the market, etc. From that number I subtract the mortgage. This produces the number that I can say is my net worth with a paid in full house. The second number simply adds back the house's value, give or take.  Unless I owned art that was valued in the six figures, it seems pointless to me to add it up, except for insurance. If my wife and I died tomorrow, the kid can certainly auction our stuff off, but knowing that number holds no interest for us. When most people talk 'net worth', I don't see them adding these things up. Cars, maybe, but not even that."}
{"_id": "231135", "title": "", "text": "I haven't followed the stock in about 6  years. Back when I followed it, because of the concentration in Ohio, at least back then, Ohio sports teams performance drove the profitablity of the chains. I remember the implied vol of the options spiking, along with MSG, for The Decision because LeBron would drive people to bdubs."}
{"_id": "231176", "title": "", "text": "\"&gt;Boss: Amazon is threatening to shut us down because we ship too many orders late. How do we fix this?  &gt;Me:   Ship every order on time.  &gt;Boss: No, I meant, \"\"How do we fix this with software?\"\"  I've noticed they have fixed this with software. They pretend they have shipped it way before they do.   Also amazon has fixed the problem they had with amazon prime customers ordering too many things with free shipping. They have made more and more things \"\"amazon marketplace\"\" so you have to pay $4 or $5 shipping. Sometimes even things \"\"fullfilled by amazon\"\" will be in the used page for books and won't be free shippings.   More and more things don't have free shipping for Amazon prime members.\""}
{"_id": "231181", "title": "", "text": "\"I don't know whether you'd consider buying a single bond instead of a fund. Strips are Treasuries where the coupons have been \"\"stripped\"\" to produce debt instruments with a fixed maturity date. They pay zero interest. Their value comes from the fact that you buy them at a price less than 100 and they are worth exactly 100 at some point in the future. You can buy them with any year/month that you wish. They are backed by the federal government and are considered to have no default risk. Like most bonds the price is actually a percentage and they mature at a 100. The one that expires 9/30/2018 costs 91.60 and returns 100 on the expiration date. The price list is here There's more information about them here First of all, they are still T-bonds (in all but the most legalistic   sense) which means they are the safest, most risk-free investment   possible. The U.S. federal government has stellar credit and a record   of never defaulting. These bonds have no call features, so the timing and distribution of   bond payments cannot be altered by any foreseeable occurrence. They are sold at a known - and generally deep - discount off a known   face value that can be redeemed at a known date, so buyers know   exactly how much they will earn from an investment in STRIPS.\""}
{"_id": "231183", "title": "", "text": "Lots of president also had business operations.  None that I know of were ever forced to stop running their businesses.  Washington and Jefferson both ran large farms and sold to oversea customers.  Either way, this bill would never pass.  Every congressperson runs side businesses and have investments.  The last thing they want is a law to cripple their income opportunities."}
{"_id": "231188", "title": "", "text": "The government and local police is probably doing the same with all the cameras on highways and in city streets. I trust the IT security of a local civic government less than one of the largest e-commerce conglomerate.   Besides, your Amazon profile is already pretty telling, if you're a prime member taking advantage of its benefits. You tell it your years of purchase preferences, your ebooks, music and audio tastes with prime video and music, your groceries can tell how big a family you have, they also have your home and very likely work addresses."}
{"_id": "231189", "title": "", "text": "Most people when asked what would they do with $X dollars say:  Pay debt (their own / loved ones)  Buy a nice house  Buy a nice car  Travel   460 million is plenty to do all those things. With the rest I'd start a bond ladder and try to live off the interest"}
{"_id": "231195", "title": "", "text": "I am not interested in watching stock exchange rates all day long. I just want to place it somewhere and let it grow Your intuition is spot on! To buy & hold is the sensible thing to do.  There is no need to constantly monitor the stock market. To invest successfully you only need some basic pointers. People make it look like it's more complicated than it actually is for individual investors. You might find useful some wisdom pearls I wish I had learned even earlier.  Stocks & Bonds are the best passive investment available. Stocks offer the best return, while bonds are reduce risk. The stock/bond allocation depends of your risk tolerance. Since you're as young as it gets, I would forget about bonds until later and go with a full stock portfolio. Banks are glorified money mausoleums; the interest you can get from them is rarely noticeable. Index investing is the best alternative. How so? Because 'you can't beat the market'. Nobody can; but people like to try and fail.  So instead of trying, some fund managers simply track a market index (always successfully) while others try to beat it (consistently failing). Actively managed mutual funds have higher costs for the extra work involved. Avoid them like the plague.  Look for a diversified index fund with low TER (Total Expense Ratio). These are the most important factors. Diversification will increase safety, while low costs guarantee that you get the most out of your money. Vanguard has truly good index funds, as well as Blackrock (iShares).  Since you can't simply buy equity by yourself, you need a broker to buy and sell. Luckily, there are many good online brokers in Europe. What we're looking for in a broker is safety (run background checks, ask other  wise individual investors that have taken time out of their schedules to read the small print) and that charges us with low fees. You probably can do this through the bank, but... well, it defeats its own purpose.  US citizens have their 401(k) accounts. Very neat stuff. Check your country's law to see if you can make use of something similar to reduce the tax cost of investing. Your government will want a slice of those juicy dividends. An alternative is to buy an index fund on which dividends are not distributed, but are automatically reinvested instead.  Some links for further reference:  Investment 101, and why index investment rocks: However the author is based in the US, so you might find the next link useful.  Investment for Europeans: Very useful to check specific information regarding European investing. Portfolio Ideas: You'll realise you don't actually need many equities, since the diversification is built-in the index funds.  I hope this helps! There's not much more, but it's all condensed in a handful of blogs."}
{"_id": "231202", "title": "", "text": "\"Others have pointed out that many benefits offered by employers \"\"for free\"\" are actually taxed; the employee must pay taxes on the value of what they're receiving (usually services of some kind). This is called imputed income. Also pointed out was that healthcare is an exception; a specifically protected class of benefits that aren't taxed. But sometimes they are. Many companies now offer domestic partner health coverage as well, regardless of whether the couple is in any kind of civil union or other arrangement. The costs to the employee vary, but it's often that they simply pay double of what their individual coverage contribution would be. Independent of the employee's direct contribution for their domestic partner, they must also pay taxes on the value of the employer's cost of the coverage. This can be significant, as typically the employer is paying the lion's share of the healthcare cost.\""}
{"_id": "231203", "title": "", "text": "People pay for CDs and DVDs before ripping and uploading them too.  Also, books have been free online for 15+ years, yet I still buy almost 1000 dollars of books per year.  I prefer the paper.  I like being able to scribble notes, and then loan the book to a friend, or give them away to people who can use them, or to my local hackerspace."}
{"_id": "231206", "title": "", "text": "Targets prices are terrible for what they offer. A vast majority of their merchandise is Chinese garbage that falls apart or breaks very easily.    I have a target 2 blocks from my house and I probably go once/year if even that. The place is very overpriced and the lines are always long."}
{"_id": "231221", "title": "", "text": "In the U.S. it is typical that a stock brokerage account can be set up to buy stock with up to half the cost being borrowed from the broker.  This is called a margin account.  The stock purchased must remain in the account until sold (or the loan is paid off), as it serves as built-in collateral for the loan.  If the market price for the stock goes down too much, you will be required to add money, or the stock will be sold to cover the loan. See this question for some more information."}
{"_id": "231225", "title": "", "text": "\"*And now, a century and a half after the Crimean War, the conflict that arose there this year serves as a reminder of the durability of American and European derision for Russia, seen as \"\"a gas station masquerading as a country,\"\" in the words of Senator John McCain. \"\"Russia is an anti-Western power with a different, darker vision of global politics,\"\" Anne Applebaum, an author and journalist who is married to Poland's foreign minister, Radoslaw Sikorski, wrote in Slate. (The headline: \"\"Russia Will Never Be Like Us.\"\") The seemingly everlasting British tradition of Russophobia is nowadays embodied by an editor at the Economist, Edward Lucas, a former Moscow bureau chief for that magazine who, in a Daily Mail column back in May, labored to draw scary parallels between Hitler and Putin in their respective \"\"expansionist\"\" ambitions. While Putin's actions no doubt fall far short of Hitler's atrocities, \"\"the Austrian corporal and the German-speaking ex-spy do share troubling similarities,\"\" Lucas said. \"\"History may not repeat itself. But, as Mark Twain once said, it often rhymes.\"\" And in an imagined letter sent by Machiavelli to Putin, crafted by Josef Joffe, publisher-editor of the German weekly Die Zeit, Russia's leader is scolded, \"\"You have just reaffirmed a historic Russian habit: You would rather be the great spoiler and outsider.\"\" Surely Europe, though, as Joffe must be keenly aware, has seen a great many spoilers in its periodic lettings of blood and gore. The history of Europe, it sometimes seems, is a prolonged case of pots calling kettles black.*  [The Eternal Collapse of Russia](http://nationalinterest.org/feature/the-eternal-collapse-russia-11126?page=show)  By Paul Starobin...  Paul Starobin is a former Moscow bureau chief of Business Week and the author of After America: Narratives for the Next Global Age (Viking, 2009).\""}
{"_id": "231227", "title": "", "text": "The most important thing is to keep in mind the deadline. If you want to have it count for 2016, you need to open the account and transfer the funds by tax day. Don't wait until the last day to do it, or you could run out of time. Setting up the initial account, and them verifying your information and transferring the money could take a few days. First decide how much of a lump sum you want to invest  initially. This will determine some of your options because the mutual fund will have a minimum initial investment. Many of the funds will allow subsequent investments to be smaller.  The beauty of a IRA or Roth IRA is that if the fund you want is out of reach for this initial investment in a few years you can transfer the money into another fund or even another fund family without having to worry about tax issues. Now decide on your risk level and you time horizon. Because you said you are student and you want a Roth IRA, it is assumed that you will not need this money for 4+ decades; so you can and should be willing to be a little more risky. As NathanL said an index fund is a great idea. Many also advise an aged based fund. My kids found that when they made their initial investments the age based funds were the only one with a low enough initial investment for their first few years.  Then pick a fund family based on the general low fees, and a large mix of options. The best thing is that in a few years as you have more money and more options, you can adjust your choices."}
{"_id": "231243", "title": "", "text": "\"&gt; The economic term for this concept is \"\"velocity of money\"\", and it gets into stuff that I didn't really cover above.  I noticed that it wasn't covered, and it seems to me that this actually has something to do with the original question, about where all the money has gone.   It's my understanding that the velocity of money has slowed, with corporations, being uncertain of future prospects (both due to the economy itself as well as to an uncertain regulatory environment) and thus hesitant to make new investments.  However, this doesn't make complete sense to me. It's not that they're hiding the money under a mattress; they must have it invested into something, and presumably the holders of those investments are themselves doing something with it.\""}
{"_id": "231246", "title": "", "text": "If I were you, I would save 200 euros for retirement each month and another 800 I would stash away with the hope to start investing soon. I think you have to invest a bigger lump sum, then 1000 euros. It makes sense to invest at least 30K to see any tangible results. My acquaintances started from 50K and now see pretty handsome returns. Investing is profitable, as long as you approach it smartly. Also, do not ever hire an overly expensive financial consultant - this expenses will never pay off. Of course, check their credentials and reputation... But never pay much to these guys. Not worth it."}
{"_id": "231254", "title": "", "text": "\"This is an answer grounded in reality, not advice. Most states have no means of enforcing their foreign business entity registration statutes. Some states never even codified consequences. (California is a notable exception.). Some states have 'business licenses' that you need in order to defend your entity in court, but will retroactively apply the corporate veil when you get the license. The \"\"do I have to register\"\" question is analogous to asking a barber if you need a haircut. But this doesn't absolve you of looking in the mirror (doing your research). Registration and INCOME taxes are different stories. If a state calls their fee a franchise tax and it is applicable and there are real consequences for not, then you will have to pay that tax. Anyway, this isn't advocating breaking the law, but since it describes ignoring toothless state-chartered agencies, then there are people that will disagree with this post, despite being in line with business climate in the United States. Hope that helps\""}
{"_id": "231259", "title": "", "text": "Obviously, there's some due diligence and quantitative analysis. However, it's mostly just what they can secure, for how much and how quickly. For instance, if you had a bakery that was netting 200,000/yr and needed 750,000 to open a new location. The bank will give you the loan over 10 years at 1.1%. Well, it's probably a good idea to take on debt. That's 6938 a month (I think).  Edit: Or issue debt yourself.  However, let's say you're merging with someone in the same industry. They have a market cap of 10 billion. Your company has a market cap of 62 billion and revenue of 11.8 billion a year. It's probably a good idea to secure with equity. Especially because you believe the merger will help you expand."}
{"_id": "231266", "title": "", "text": "&gt; I must have missed that part   Frankly I'm shocked. You seem to be the kind of person that doesn't miss very much.  Edit: Ps. That was sarcasm. I just wanted to point it out incase it was too nuanced for you."}
{"_id": "231268", "title": "", "text": "Companies do not support their stock. Once the security is out on the wild (market), its price fluctuates according to what investors think they are worth. Support is a whole different concept, financially speaking: Support or support level refers to the price level below which, historically, a stock has had difficulty falling. It is the level at which buyers tend to enter the stock. So it is the lowest assumed price for that stock. Once it reaches its price, buyers will rush to the stock, raising its price. The company wants to keep the stock price at acceptable levels, as it can be seen as the general view of the company's health. Also several employees/executives in the company have stock or stock options, so it is in their interest to keep their stock price up. A bond that goes down in value may indicate a believe the bond issuer (government in this case) won't honor the bond when it matures. As for bonds, there is a wealth of reading in this site: Can someone explain how government bonds work? Who sets the prices on government bonds?  Basic understanding of bonds, values, rates and yields"}
{"_id": "231279", "title": "", "text": "All of this assumes that this relationship isn't as employer-employee relationship, which would require you to withhold taxes. If you send them a small token of appreciation, and you are unable to record it as a business expense, or some other deductible expense, you don't have to be concerned about how they claim it. They decide if they want to risk claiming it was a gift, or if they want to record it as an expense. Even if you say some magic phrase that you think will impress the IRS, the recipient can still decide declare it as income. To have any hope of being able to treat it as a gift they would have to be able to demonstrate that there is a non-business relationship.  If you can claim it as a business expense, or a deductible expense,  they will have to also claim it as income; because your documentation could point the IRS to their lack of documentation.  Giving them a check or sending the payment electronically will require them to claim it as an income, since an audit could require them to explain every line on their bank statements."}
{"_id": "231280", "title": "", "text": "\"The short answer to all of this is that it depends on the loan and on the collections agency. It's an \"\"interesting\"\" time to be a collections agency right now. On the one hand, people are defaulting on debts, and those creditors want to be paid and are beating down the agencies' doors. On the other hand, if you can't pay you can't pay, and the threat of collections action is not much of a motivation when you're already 90 days out, and so collections agencies are having to consult crystal balls and tea leaves to try to determine which debts they're likely to collect if they buy. Many collections agencies have begun subscribing to the \"\"you catch more flies with honey than vinegar\"\" philosophy; \"\"we know it may be very difficult for you right now, so we'll make you a deal to settle the debt for 80% of face value, and you'll never hear from us again\"\". Other agencies continue to live by the threat model; \"\"we're heartless and cruel and we don't care that it's tough; we own you and you will pay us everything we ask for or we will make your life hell every way we can\"\".  There are advantages, and a certain synergy, to both approaches. You really do get more success by making a deal, so the agency that is willing to work with the debtor and offer them a good deal is going to be more likely to collect. However, that quickly becomes an incentive to not pay; \"\"Yeah, they sent me this outrageous bill for my sprained ankle, so I just ignored it and let 'em sweat, and ended up paying half what they billed me\"\". Sprinkle in just a few cases of \"\"Yeah, I couldn't pay my cell phone bill so I just let them cut it off, but the collections agency started calling and mailing me every day and I had to pay twice what I owed in the first place to make it stop\"\", which filters through the collective psyche of the masses, and all of a sudden if and when they do offer a deal on a debt you fell behind on, you jump on it. Now, to the question at the end of your post. It's always better for your credit to pay than to not pay. An open collections account on your credit score will always be a bigger ding than a closed one. But, open or closed, that collections activity remains part of your history unless the collections agency agrees to retract it. Even then, you may have to go around to the big three credit bureaus and get the account removed, using documentation which the agency must provide stating something to the effect of \"\"we agree that this never happened\"\". If the agency refuses to remove this black mark, how black it will be depends on the terms by which the account was settled. The reporting agencies will be told the face value of the debt that was sent to collections, and they will be told the amount paid to settle it. If the debt was settled for face value, that tells people reading your report that, well, you were very late and only paid under duress, but at least you did make good on the debt in full. If you settle for less than the face value, that says something different entirely; not only could you not pay the original creditor, you had to negotiate to reduce the amount to pay the debt collector. That makes extending you credit very risky; not only are you a proven risk for being late to pay, not only are you a proven risk for them having to write off the debt, but if and when they sell it to a collections agency, the agency will see that a past debt was settled for less than face value and assume they'll get the same treatment, and so will offer less to buy the debt. Both of those cases are still better than an open collection; that says to someone considering loaning you money that not only will you default, not only will they have to write it off, not only will the collections agency make less profit... the collections agency is unlikely to see ANYTHING from this bad debt and may not even agree to buy it.\""}
{"_id": "231283", "title": "", "text": "Student loan is a class of unsecured loan.  The characteristics that define a student loan are, primarily, that it is a loan that is intended to be used by someone who is currently a student.  Beyond that, though, there are many variations. The different kinds of requirements usually have to do with who is eligible for the loan, and with what the loan is allowed to be used to pay.  Some loans have other limitations, such as only being allowed to be directly paid to the institution. Some student loans are federally guaranteed (meaning the Federal Government will repay the bank if you default).  Those have a lower interest rate, typically, and often have more stringent requirements, such as only full-time students being eligible, being need-based, and limitations on what the loan's funds can be used for.  See studentaid.ed.gov for more information. Many private student loans have quite lax limitations. Some for example have nearly no limitation as to what they can fund; many are allowed to be taken out by part-time students and even non-degree-seeking students in some cases.  Private loans usually have somewhat higher rates (as they're entirely unsecured) to go along with the lower restrictions and higher borrowing limits.  You'd have to see the specific details of any particular loan to know what it's allowed to pay for, so if you choose this route, know what you plan to use it to pay for before you go looking."}
{"_id": "231295", "title": "", "text": "The stock tends to drop by the amount of the dividend -- or if you prefer to think of it this way, the stock price has been pushed up by the amount of the dividend before it was paid out. Really, all this shift does is factor out the impending dividend's effect on the real purchase cost of the stock. As such it's pretty much irrelevant except that, of course, the dividend is short-term gain that you have to pay taxes on almost immediately. Which also tends to get figured into the price folks are willing to pay for the stock. Conclusion: no, there's no real opportunity here. There's a slight tax reason to avoid buying right before dividends are paid, but that's about it. Basic principle: If it's simple and obvious,the market has already accounted for it."}
{"_id": "231300", "title": "", "text": "Fiscal Year 2011 was a record-setting year for the SBA in total small business loan volume. While the economy may still be in recovery from the Great Recession, you can read about some Good News in my article from the December issue of Scotsman Guide. Don\u2019t forget that unless an extension is granted, the refinance provision of the SBA 504 loan will expire in September 2012."}
{"_id": "231306", "title": "", "text": "What are those maximums, and do all countries have them? Usury, lending money for any interest at all, used to be anti-biblical: it wasn't a Christian thing to do, and so in Christian countries it was Jews who did it (Jews who were money-lenders). Asking for interest on loans is still anti-Koranic: so Islamic banks don't lend money for interest. Instead of your getting a mortgage from the bank to buy a house, the bank will buy the house, which you then buy from bank on a rent-to-own basis. Further details:"}
{"_id": "231310", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://bankunderground.co.uk/2017/08/08/your-country-needs-funds-the-extraordinary-story-of-britains-early-efforts-to-finance-the-first-world-war/) reduced by 95%. (I'm a bot) ***** &gt; Financing World War I required the UK government to borrow the equivalent of a full year&amp;#039;s GDP. But its first effort to raise capital in the bond market was a spectacular failure.  &gt; As part of a project looking at the financing of World War I, the ledgers of investors who purchased the 3&amp;frac12;% War Loan have been analysed for the first time.  &gt; These reveal the startling truth about the failure of the first bond issue of the Great War and the extraordinary role of the Bank of England in covering and then concealing the shortfall in funds.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tfsn0/hacker_news_the_extraordinary_story_of_britains/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~189875 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **War**^#1 **Bank**^#2 **Loan**^#3 **investors**^#4 **bond**^#5\""}
{"_id": "231345", "title": "", "text": "\"I see you have posted other questions regarding household budgets.  This is a huge first step.  Once you see what is coming in, then list everything that goes out regularly...and then try to break down what is leftover into spending, household maintenance, gifts, haircuts, whatever...it becomes very obvious if you have x to spend and you spend 3x. I budget a certain amount of discretionary money for both my husband and myself to spend each month.  All of our basic expenses are covered under other categories, but I found out long ago that we each need some money to blow on Starbucks, DVD's, books, etc without having to defend or explain it.  If we spend too much, it digs into the next month's amount, or if we are careful, we get to carry it over. I can impulse shop guilt free because it's budgeted in. Long story short, if you set up a budget and have an amount budgeted for most reasonable expenses, and see what is left over...it becomes harder to \"\"unwittingly\"\" overspend.  When you are paying attention to your money, and start looking carefully at how you are spending it, you'll notice.\""}
{"_id": "231363", "title": "", "text": "A really important part of the event is the entertainment and speeches. This means that you have to invest in a reliable Audio Visual service that will not let you down in the middle of important speeches. The quality of the sound is also very important, especially when entertaining guests."}
{"_id": "231369", "title": "", "text": "\"The simplest answer would be: Because they can. Why charge less for something if people will pay more? One example are Apple products. While there the price number is not exactly the same in EUR and USD, they are so close that, effectively, the EUR product is more expensive. Many things go into a price. There might be reasons for products in the EU being more expensive to produce or distribute. Or people in the EU might be in general more willing to pay more for a certain product. In that case, a company would forgo profits when they offered it cheaper. Also, prices are relative. Is the USD price the \"\"correct\"\" one and the exchange rate should dictate what the EUR price is? Or vice versa?\""}
{"_id": "231398", "title": "", "text": "I would like to know what others think, but for now it looks like the market thinks they'll be able to compete in online content distribution, not solely hardware. The stock was priced at the upper end of its valuation range and it still went way up today. I myself am skeptical about their long-term profit potential given how much disruption is going to hit the streaming market over the next five years. Tough to know with high probability who the winners will be at this point other than probably Netflix and Amazon."}
{"_id": "231410", "title": "", "text": "The company would make so much money off of our team's new synergies that they'd pay us a huge bonus out of shear guilt, allowing us to retire immediately and so a) they'd have to find our replacements, a nigh impossible task, and 2) we'd all be bored doing nothing but drinking Coronas on the beach, possibly injuring our health needlessly and incurring unnecessary retirement health expenses."}
{"_id": "231412", "title": "", "text": "\"Its really, really good of you to admit your short comings with a desire to improve them.  It takes courage.  Keep in mind that most of us that answer questions here are really \"\"good at money\"\" so we have a hard time relating.  Would you want people that are bad with money answering questions on a personal finance site?   While it is intimidating you will need a budget.  A budget is simply a plan for how to spend your money.  Your budget, based on your new pay frequency, will likely also need some cash flow planning as a single paycheck is unlikely to cover your largest expenses.  For example your rent/mortgage might be less than a single paycheck so you will have to save money from the previous paycheck to have enough money to pay it.   Your best bet is to have a friend or relative that is good with money help you setup a budget.  Do you have one?  If not you might inquire about a church or organization that offers Financial Peace University.  The teachers of the class often help people setup a budget and might be willing to do so for you.  You could also take the class which will improve your money management skills.  For $100 you'll have a lifetime pass to the class.  If it helps you avoid three late charges/bounce checks then the class is well worth it. Now as far as spending too much money.  I would recommend cash, but you have to do it the right way.  Here is the process that you have to follow to be successful with cash: Doing cash will give you a more concrete example of what spending means.  It won't work if you continue to hit the ATM \"\"for just $20 more\"\".  It will take you a bit to get used to it, but you will be surprised how quickly you improve at managing money.\""}
{"_id": "231416", "title": "", "text": "This has a straightforward answer. It's likely that your doctor and the hospital have no responsibility to ensure that your insurance claim is filed in a timely manner. They bill you whether you or they get reimbursed by insurance, or not. The insurance company is more than happy not to pay you any way they can. Sorry if this is harsh, but it's up to you to follow through. See also here."}
{"_id": "231422", "title": "", "text": "Maybe employers and corporations should pay a living fucking wage? And here comes all the cunts shitting on workers and defending corporate prosperity. We're all fucked and those people are fucking us even more by defending this 1% First and Fuck The Rest Mentality."}
{"_id": "231425", "title": "", "text": "Your assertions simply are not true. The vast majority of minimum wage workers are older people working full time, and supporting a family. Minimum wage jobs are not just summer jobs for teenagers anymore, it hasn't been that way for a long time.  Source: http://www.epi.org/publication/bp357-federal-minimum-wage-increase/ http://www.epi.org/publication/wage-workers-older-88-percent-workers-benefit/"}
{"_id": "231449", "title": "", "text": "Doesn't matter what the product is, whether it's a tangible good or a service, a business is still a business and must be run as thus. If you don't run a hospital properly, as a business that provides a service, then that hospital is soon to be threatened with closure or state take-over."}
{"_id": "231455", "title": "", "text": "Maybe center-left or neoliberal would be a more appropriate term I just couldn't think of any left wing media atm. Anyway, Calling CNN left-wing wasn't irrelevant to my argument and it can be disregarded without interfering with what I'm trying to say.  Do you have any actual criticisms of my argument or did you just comment to discredit me?"}
{"_id": "231468", "title": "", "text": "Total income - mandatory spending (ie bills) = discretionary income.  Make a budget and calculate how much discretionary income you have each pay period. Save some fraction of your discretionary income towards this purchase. Pull the trigger when you have enough saved.  By thinking this way, you ensure that the PS is robbing from movies, dining out, booze, etc instead of taking from rent money or the electric bill. Do not use debt to make this purchase. It would be wise to put off this purchase until you have a solid emergency cash reserve that can sustain you if life throws you a curve ball. You should also make sure to eliminate any bad debt, like credit card debt, before splurging on a new gaming console."}
{"_id": "231469", "title": "", "text": "What I think Warren means is that people like him are really good at making money and setting things up to continue being rich. In Warren's case he's very good at evaluating businesses and if they would be good investments. In the micro this isn't really a problem. Instead the problem is on the macro-level. When enough potential market participants (i.e. people / businesses) aren't enabled to participate in the economy in the same way. This feeds into a growing wealth inequality. The people who have the resources to continue playing the game can also continue with more chances. It's a Pareto Principle situation. No opportunity to play, little to improve, and a continually disadvantaged population. Add time into the soup. Rich get richer, the poor poorer, the gap widens more. Add inflationary mechanics, and the fact that being poor is more expensive. Add debt and an inability to purchase for long term solutions. You get a situation where 99% of the money is cycling around in the top 1% of players.  The other 99% of potential market participants are poorly utilized up to the point where their wealth is something they have trouble spending for things like...healthcare.  The idea of poorly utilized market participants is key. A growing economy wants more bandwidth. It wants more agents or market participants contributing to the flow. Get rich enough and you'll find you can't spend more than the interest on investments. On the contrary if you don't have very much money, it's easy as hell to spend it quickly! It's straightforward to say that if more of the global population weren't in debt, if they weren't in a state where they can't participate in economic growth, then maybe the economic growth of human society wouldn't be so bottle-necked."}
{"_id": "231500", "title": "", "text": "It's the gifter who is liable for gift tax, not the recipient. The recipient just needs to file a certain form for reporting purposes if the gift exceeds a certain amount."}
{"_id": "231512", "title": "", "text": "That's why you select defective or not as described when returning unless you don't mind paying return shipping or don't want to lie. I just pay the shipping - I can afford $3 or $4 and I figure the return shipping cost is passed back to the vendor.  I figured this out one day by accidentally selecting 'Ordered by Accident'. The item was actually not as described so I cancelled the return and did it correctly and no shipping."}
{"_id": "231521", "title": "", "text": "My 0,02\u20ac - I probably live in the same country as you. Stop worrying. The Euro zone has a 100.000\u20ac guaranty deposit. So if any bank should fail, that's the amount you'll receive back. This applies to all bank accounts and deposits. Not to any investments. You should not have more than 100.000\u20ac in any bank. So, lucky you, if you have more than that money, divide between a number of banks. As for the Euro, there might be an inflation, but at this moment the USA and China are in a currency battle that 'benefits' the Euro. Meaning you should not invest in dollars or yuan at this time. Look for undervalued currency to invest in as they should rise against the Euro."}
{"_id": "231558", "title": "", "text": "\"&gt; Consumers don't want a conversation with minimum wage employees who don't give a damn  Correct. However, consumers *do* want to have a conversation with employees who do give a damn.   Some of the happiest customers I've had are the ones that I get to talk to one-on-one about the shoes they are interested in. Whether the customer knows what they are looking for, or if they need help finding the right product, they always appreciate talking to an employee who can confidently explain which features make a shoe the right fit for them.   If we don't have the right fit for the customer, we can actually try to find it online and purchase it right then and there for them. 99% of the responses to that are along the lines of \"\"Well I'd rather try it on first...\"\"\""}
{"_id": "231578", "title": "", "text": "I don't know of any books, but there are a lot of good white papers on the subject if you take the time to look for them. For example, Moody's has a white paper on their LGD model (LossCalc) that explains their calibration methodology.   Searching for academic papers on the subject is really the only way to go, because credit risk is a field that really is just being explored. Really only since 2006 have banks started to actively try to use a risk rating model that incorporates PD and LGD. This is because of data insufficiency - banks just didn't keep active and centralized loan level data that is required to calibrate the models.  tl;dr: Use the internet - it is your friend."}
{"_id": "231581", "title": "", "text": "My guess would be in the short term, local small businesses around these big-boxers get squeezed from rising wages, but in the long-run, they're still playing Amazon's game. And yet, it's the small retailers that don't have to get caught up in the Amazon race."}
{"_id": "231590", "title": "", "text": "For every document that the IRS posts, there will be a correlating instructions page. This would be the instructions for the 1099-B, here. Furthermore, as you will be reporting this on Form 8949, as a substitute for previously used Schedule D; instructions are here.This article explains that the best course of action is to donate the shares as the cost basis would switch to FMV (fair market value) of the assets today. But as this did not happen, I would recommend contacting the purchasing company directly. Being a share holder, and by purchasing the shares from the source, the accounting department should still have recorded the date of purchase along with the price sold. It may take effort to prove who you are, but if their accounting records are well documented, this will not be an issue.  If nothing else, claim a 100% capital gain on the entirety of the sale, and pay the tax. That is stated here."}
{"_id": "231592", "title": "", "text": "I have now filed my taxes and am able to report back with precisely what took place. To summarize, my situation was the following (before filing taxes): As it turns out, if I have $4x of NRTC's, it is not $4x that I can redeem. It is 15% of $4x that I can redeem to be able to get a tax refund. For the sake of simplicity, let's say I have $10x NRTC's instead of $4x NRTC's. That gives me $1.5x as the actual redeemable amount. I will get $x back on my refund since I have $1.5x available. Have I understood the system correctly? Since $x is a substantial amount, I want to know if I can factor this in as money that will be coming in. In summary, the only thing I didn't know before filing my taxes was the 15% rule!"}
{"_id": "231612", "title": "", "text": "Unless it's an international flight, first class flights are remotely better than economy. Yes wider seats, food's better, and you are attended to - but all the psychological side-effects are still the same. Travel across timezones, or in the same zone on a 3+ hour flight (add and extra 60mins-120 in airport wait times), it takes the same toll. Business and First Class just make you hate Economy more when it's your only option.... But it's shitty either way."}
{"_id": "231614", "title": "", "text": "\"Credit unions require you to open an account because of their history. A credit union is just that: a union. Only instead of a union of workers collectively bargaining for better pay or worker's comp, they are lending each other money. They are chartered to offer their services to members of the union, rather than the public at large.  For that reason, credit unions historically had targeted niche memberships (ie, employees at a specific company, or property with a specific hobby such as fishing). Most credit unions these days attempt to skirt the issue, by claiming to serve members of a specific geographic area. Anyway, membership is defined a owning a stake in the union, which is usually termed a share. By opening the account and \"\"purchasing a share,\"\" you are becoming both an owner and member of the union, and are eligible for their services. That's why the account is required before you can have a loan.\""}
{"_id": "231615", "title": "", "text": "\"Yeah I understand how much power a downgrade can have on a nations access to the capital markets and can thus cripple and slow down economic growth but the call to micromanage the rating agencies more is a bit much. The last thing the financial system needs is another 3 letter acronym agency sending in some official to watch every move of the analysts at these firms.   The point of there being more than one rating agency is that you have multiple opinions and they average out to give you a realistic opinion, Standard and Poor's, Moody's, and Fitch don't have a conference call every time a deal comes through the door \"\"Hey guys what are we rating this at today\"\" they all do their own thing.  I would be interested to see situations in which all the CRAs gave a lower credit rating then a debt issuer actually deserved.\""}
{"_id": "231639", "title": "", "text": "\"Edit: I discovered Bitcoin a few months after I posted this answer. I would strongly recommend anyone interested in this question to review it, particularly the myths page that dispels much of the FUD. Original answer: Although it is not online, as a concept the Totnes Pound may be of interest to you. I live quite close to this village (in the UK) and the system it promotes does work well.  According to the   Transition Town Totnes website this   means that it is \"\"a community in a   process of imagining and creating a   future that addresses the twin   challenges of diminishing oil and gas   supplies and climate change , and   creates the kind of community that we   would all want to be part of.\"\" If you are looking for a starting place to introduce a new type of currency, perhaps in response to over-dependence on oil and global trade, then reading about the Transition Towns initiative could provide you with the answers you're looking for.\""}
{"_id": "231646", "title": "", "text": "As the option approaches expiry, the delta will approach zero or one, depending on whether you're in or out of the money. This might be easiest to conceptualise if you look at the option value as a function of the stock price, and then realise that the delta is the slope of that curve. Now, as we get closer to expiry, time value fades away, and we get closer and closer to the intrinsic value, which looks like this hockey stick: __/ As you see, close to expiry, if you're out of the money, you have nothing (with delta zero), while if you're in the money, you have a forward (with delta one)."}
{"_id": "231648", "title": "", "text": "Are you a senior? Do you have any internship experience? Move past alum. It doesn't have to be just them. You don't necessarily need a connection like that to them. Find a name and try to find a deal their group worked on. Or find a deal then figure out who worked on it. Shoot them an email saying you're working on a project and would like to know more about X and deal Y. After a few back and forths then you can ask. Keep it pushing my man. You'll get something. And it doesn't have to be some top firm. Fuck that mentality."}
{"_id": "231654", "title": "", "text": "Retail gas prices are a pretty poor anecdote for the argument that the minimum wage is too high. Very little labor goes into the production and distribution of gasoline. Even less of it is local. Local minimum wage has almost no effect on the price at the pump."}
{"_id": "231657", "title": "", "text": "Zero ice breakers. When I go to these things, and there's an ice breaker, I internally roll my eyes and start playing with my phone or get up and leave if I can. If you have one hour, get to the point. That's not a lot of time, and don't waste their time. Being a CFO is next to impossible from a time management perspective, so don't wreck their day."}
{"_id": "231660", "title": "", "text": "Whether or not they are worth it depends entirely on your situation. For my family, they are worth it, but I know a number of people who it would not be worthwhile for.  The big things that we find are cheaper to get at bulk stores are toiletries, detergents (laundry, dishwasher), meats (only if you have a big freezer), bread, and certain types of prepackaged foods. Right now, it's just my wife and me, but once we have kids it will become even more worthwhile with things like diapers, wipes, and various other items. If you have a large family, or a large freezer odds are they are worth it. One thing to be careful of however is that they usually don't accept coupons. So if you're a big time deal shopper the gain may be minimal.  They only cost $40 a year, so worst case scenario if you don't get back your full investment you're not out too much."}
{"_id": "231661", "title": "", "text": "You're perfectly describing snapchat. And see how Facebook are fucking them up. And snapchat still has 180 million mau. Fb is just so big, and with their insta and WhatsApp purchases they are branching out nicely. Also fb is not just a social network anymore, it's becoming an ecosystem that's hard to break out of. Payments are coming too."}
{"_id": "231662", "title": "", "text": "\"Before anything, I see that no one mentioned the one thing about 401(k) accounts that's just shy of magic - The matching deposit. In 2015, 42% of companies offered a dollar for dollar match on deposits. Can't beat that.  (Note - to respond to Xalorous' comment, the $18K OP deposits can be nearly any percent of his income. The typical match is 'up to' 6% of gross income. If that's the case, the 401(k) deposits are doubled. But say he makes $100K. The $18K deposit will see a $6K match. This adds a layer of complexity to the answer that I preferred to avoid, as I show with no match at all, and no change in tax brackets, the deferral alone shows value to the investor.) On to the main answer - Let's pull out a spreadsheet -  We start with $10,000, and assume the 25% bracket. This gives a choice of $10,000 in the 401(k) or $7500 in the taxable account. Next, let 20 years pass, with 10% return each year. The 401(k) sees the full 10% and after 20 years, $67K. The taxable account owner waits to get the 15% cap gain rate and adjusts portfolio, thus seeing an 8.5% return each year and carrying no ongoing gains. After 20 years of 8.5% returns, he has $38K net. The 401(k) owner on withdrawal pays the 25% tax and has $50K, still more than 25% more money that the taxable account. Because transactions within the account were all tax deferred.  EDIT - With respect to davmp's comment, I'll offer the other extreme -  In his comment, he (rightly) objected that I chose to trade every year, although I did assign the long term 15% cap gain rate, he felt the annual trade was my attempt to game the analysis. Above, I offer his extreme case, a 10% return each year, no trade, no dividend. Just a cap gain at the end. The 401(k) still wins. I also left the tax (on the 401(k)) at withdrawal at 25%, when in fact, much, if not all will be taxed at 15% or lower, which would put the net at $57K or 30% above the taxable account final withdrawal.  The next issue I'd bring up is that the 401(k) is taken out at the top (marginal) tax rate, e.g. a single filer with taxable income over $37,650 (in 2016) would save 25% on that 401(k) deduction. Of course if the deduction pulls you under that line, I'd go Roth or taxable. But, withdrawals start at zero. Today, a single retiree has a standard deduction ($4050) and exemption ($6300) for a total $10,350 \"\"zero bracket\"\" with the next $9275 taxed at 10%. This points to needing $500K in pre tax accounts before withdrawals each year would get you past the 10% bracket. (This comes from the suggestion of using 4% as an annual withdrawal rate).  Last - the tax discussion has 2 major points in time, deposit and withdrawal, of course. But, the answers here all ignore all the time in between.  In between, you see that for any number of reasons, you'll drop from the 25% bracket to 15% that year. That's the time to convert a bit of money to Roth and 'top off' the 15% bracket. It can happen due to job loss, marriage with new spouse either not working or having lower income, new baby, house purchase, etc.  Or in-between, a disability put you out of work. That permits you to take money out with no penalty, and little chance of paying even the 25% that you paid going in. This, from personal experience with a family member, funded a 401(k) with 28% money. Then divorced and disabled, able to take the $10K/yr to supplement worker's comp (non taxed) income.\""}
{"_id": "231674", "title": "", "text": "Keyword research is a crucial detail of search engine marketing. It is a delicate science related to research into seeking patterns, keyword relevancy, marketplace evaluation, or even consumer conduct. Do matters, proper and also you\u2019ll have a firm foundation for your whole search engine optimization marketing campaign, do matters wrong and your search engine marketing campaign becomes a money pit. Being a best seo in dubai organization, we apprehend regional search patterns and the way these variables can boost up your website\u2019s search engine marketing. For further more details about the seo and smo services in the Dubai, feel free to get in touch with us."}
{"_id": "231677", "title": "", "text": "\"The only thing that makes a stock worthless is when the company goes out of business. Note that bankruptcy, by itself, does not mean the company is closing. It could successfully restructure its affairs and come out of bankruptcy with a better outlook. Being a small or unprofitable business may cause a company's to trade in the \"\"penny stock\"\" range, but there is still some value there. Since most dying companies will pass through the penny stock phase, you may be able to track down what you're looking for by finding companies who have been (or are about to be) delisted. Delisting is not death, it's just the point at which the company's shares no longer meet the qualifications to be traded on a particular exchange. If you find old stock certificates in your grandmother's sock drawer, they may be a treasure, or they may be worthless pieces of paper if the company changed its ownership and Grandma didn't know about it.\""}
{"_id": "231679", "title": "", "text": "Summarized article: On Thursday, stocks posted the worst decline in 3 weeks on weak worldwide manufacturing data.   A manufacturing survey for the Euro zone showed a contraction, Chinese manufacturing declined and the Philadelphia branch of the Federal Reserve also reported a manufacturing slowdown.   Additionally, previously owned home sales dropped 1.5% in May and the 4-week average of new unemployment claims jumped to the highest level since December.  Goldman Sachs made a bearish call on the S&amp;P 500 index and recommended its clients to build short positions in the index.  The news came one day after the Federal Reserve cut its estimates for economic growth and said it would extend a bond-buying program. Disappointed investors had hoped for more aggressive action from the central bank to stimulate the economy.  The Dow was down 1.96%, the S&amp;P 500 index was down 2.23% and the NASDAQ was down 2.44%.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "231680", "title": "", "text": "&gt; Operations includes dividends and interest from investing  The graph included dividends as operations income.  I hope there is a written story that justifies this nonsense, because Buffet has long praised the dividend paying stock.  It is an investment strategy."}
{"_id": "231688", "title": "", "text": "With bad credit but good income, I would simply save a large down payment. You're much more likely to get a mortgage with 25% down and a history of recently saving that 25% to show."}
{"_id": "231719", "title": "", "text": "Phil's answer is correct. Just to add to his response: Distributions are not taxable events -- you already paid your taxes, so you can take out $50k or $52k and the IRS is not concerned. You can simply write yourself a check for any amount you choose! To answer your specific question: to match your K1 losses and profit exactly, you could take out $50k. But that might leave the business strapped for cash. One way to decide how much to take out is to use your balance sheet. Look at your retained earnings (or just look at the business bank account balance), subtract however much cash you think you need to keep on hand for operations, and write yourself a check for the rest."}
{"_id": "231720", "title": "", "text": "It is great that you came up with a plan to own a rental home, free and clear, and also move up in home.  It is also really good of you to recognize that curtailing spending has a profound effect on your net worth, many people fail to acknowledge that factoid and prefer to instead blame things outside their control.  Good work there.  Here are some items of your plan that I have comments on. 11mo by aggressively curtailing elective spending How does your spouse feel about this?  They have to be on board, but it is such a short time frame this is very doable. cashing out all corporate stock, This will probably trigger capital gains.  You have to be prepared to pay the tax man, but this is a good source of cash for your plan.  You also have to have an additional amount that will likely be due next April 15th. redirecting all contributions to my current non-matched R401(k) This is fine as well because of the short time frame. withdrawing the principal from a Roth IRA This I kind of hate.  We are so limited in money that we can put into tax favored plans, that taking money out bothers me.  Also it is that much more difficult to save in a ROTH because of the sting of taxes.  I would not do this, but would favor instead to take a few extra months to make your plan happen. buy home #2 How are you going to have a down payment for home #2?  Is your intention to pay off home and save a while, then purchase home #2?  I would do anything to avoid PMI.   Besides I would take some time to live in a paid for house. Overall I would grade your plan a B.  If take a bit longer, and remove the withdrawing from the ROTH, it then becomes an A-.  With a good explanation of how you come up with the down payment for house 2, you could easily move to an A+."}
{"_id": "231727", "title": "", "text": "I know someone around there, who might be able to collect it for   me.Would I still be able to cash it out in the other country? Or can   he/she cash it out for me? Unlikely. Unless they deposit it into a US bank account in your name. You can cash US checks in almost any decent bank anywhere in the world, but it may cost you some and will probably take 2-3 weeks. Since the amount is won in the US, how would I pay the taxes? , since   its earned over there. You would file a tax return with the IRS and send them a payment. You can buy drafts in US dollars almost anywhere in the world."}
{"_id": "231733", "title": "", "text": "&gt;The casino was due to be sold at a bankruptcy court auction last week, but that was postponed until Thursday to allow casino officials to study bids that were received. But after Revel's board met on Monday, the decision was made to shutter the iconic glass-covered casino at the north end of the Boardwalk. Read more at http://www.philly.com/philly/business/Atlantic_Citys_Revel_Casino_to_close_in_September.html#4qmHbqfhREVrEkzy.99"}
{"_id": "231736", "title": "", "text": "Questions:   When you say feds inject money into the system, what do you mean?  What system?  the commercial banks?  Or Government so they can pay govt salaries?     And can commercial banks such as chase, bofa  create money out of thin air regardless of FED(and i dont mean by frac reserve either)??  Meaning giving out credit cards, or lending money they don't have.  Coz it seems banks don't need to have savings in the bank to lend/create debt money.   M2 increase regardless to M1 or Mbase money proves that.    there needs to be a federal govt nationalized franchise of utilty banks to compete with commercial banks.  let com banks speculate, and average conservative savers go bank with the nationalized utility banks."}
{"_id": "231737", "title": "", "text": "The cleanest way to accomplish this is to make the purchase of your new house contingent on the sale of your old one.  Your offer should include that contingency and a date by which your house needs to sell to settle the contract.   There will also likely be a clause that lets the seller cancel the contract within a period of time (like 24-48 hours) if another offer is received.  This gives you (the buyer) at least an opportunity to either sell the house or come up with financing to complete the deal. For example, suppose you make an offer to buy a house for $300,000 contingent on the sale of your house, which the seller accepts.  In the meantime, the seller gets an offer of $275,000 in cash (no contingency).  The seller has to notify you of the offer and give you some time to make good on your offer, either by selling your house or obtaining $300,000 in financing.  If you cannot, the seller can accept the cash offer. This is just a hypothetical example; the offer can have whatever clauses you agree to, but since sale contingencies benefit the buyer, the seller will generally want some compensation for that benefit, e.g. a larger offer or some other clause that benefits them. Or do I find a house to buy first, set a closing date far out and then use that time to sell my current one? Most sellers will not want to set a closing date very far out.  Contingency clauses are far more common. In short, yes it's possible, and any competent realtor should be able to handle it.  It also may mean that you have to either make a higher offer to compensate for the contingency and to dissuade the seller from entertaining other offers, or sell your home for less than you'd like to get the cash sooner.  You can weigh those costs against the cost of financing the new house until yours sells."}
{"_id": "231738", "title": "", "text": "My mom has MS and was taking one of the other drugs that was a cancer treatmeant. She got taken off of it because the Side effects were worse then the MS itself.  I hope This drug is not the same."}
{"_id": "231767", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Benford's law**](https://en.wikipedia.org/wiki/Benford's%20law): [](#sfw)   ---  &gt;  &gt;__Benford's Law__, also called the __First-Digit Law__, refers to the frequency distribution of digits in many (but not all) real-life sources of [data](https://en.wikipedia.org/wiki/Data). In this distribution, the number 1 occurs as the leading digit about 30% of the time, while larger numbers occur in that position less frequently: 9 as the first digit less than 5% of the time. Benford's Law also concerns the expected distribution for digits beyond the first, which approach a uniform distribution.  &gt;This result has been found to apply to a wide variety of data sets, including electricity bills, street addresses, stock prices, population numbers, death rates, lengths of rivers, [physical](https://en.wikipedia.org/wiki/Physical_constant) and [mathematical constants](https://en.wikipedia.org/wiki/Mathematical_constant), and processes described by [power laws](https://en.wikipedia.org/wiki/Power_law) (which are very common in nature). It tends to be most accurate when values are distributed across multiple [orders of magnitude](https://en.wikipedia.org/wiki/Order_of_magnitude).  &gt;The graph here shows Benford's Law for [base 10](https://en.wikipedia.org/wiki/Radix). There is a generalization of the law to numbers expressed in other bases (for example, [base 16](https://en.wikipedia.org/wiki/Hexadecimal)), and also a generalization from leading 1 digit to leading n digits.  &gt;====  &gt;[**Image**](https://i.imgur.com/Gx6oYsa.png) [^(i)](https://commons.wikimedia.org/wiki/File:Rozklad_benforda.svg) - *The distribution of first digits, according to Benford's law. Each bar represents a digit, and the height of the bar is the percentage of numbers that start with that digit.*  ---  ^Interesting: [^Gregory ^Benford](https://en.wikipedia.org/wiki/Gregory_Benford) ^| [^Logarithm](https://en.wikipedia.org/wiki/Logarithm) ^| [^Simon ^Newcomb](https://en.wikipedia.org/wiki/Simon_Newcomb) ^| [^Frank ^Benford](https://en.wikipedia.org/wiki/Frank_Benford)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjun56c) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjun56c)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "231769", "title": "", "text": "I recently decided to splash out on a music system for the house which included a turntable - I used to have a proper DJ setup but that's long been sold off and most of the records are of a genre I don't listen to now, but I wanted to enjoy the records I *do* listen to and also buy some more.  One thing that struck me when listening through albums is how much more closely I listen to each track. When it's not part of an endless Spotify playlist, when you physically have to get up and flip the disc over every 3 tracks or so, you pay so much more attention to it and it becomes a much more pleasurable experience, rather than just 'background'.  It's more labour-intensive but that's a good thing. Good music deserves your attention.  Edit: Also, for all the replies to this that sneer and make out it's just a fad... buying a vinyl offers so much more in terms of a physical product than CDs or downloads. I have a copy of Kanye's 'My Beautiful Dark Twisted Fantasy' and the actual design of the triple gatefold and all the included artwork is amazing.   Yes it's more convenient to just get Apple Music or whatever but that's not what we're talking about. It's the reason people go a decent steakhouse rather than McDonalds."}
{"_id": "231781", "title": "", "text": "From Investopedia, A stock split is usually done by companies that have seen their share   price increase to levels that are either too high or are beyond the   price levels of similar companies in their sector. The primary motive   is to make shares seem more affordable to small investors even though   the underlying value of the company has not changed. From Wikipedia, It is often claimed that stock splits, in and of themselves, lead to   higher stock prices; research, however, does not bear this out. What   is true is that stock splits are usually initiated after a large run   up in share price...stock splits do increase the liquidity of a stock;   there are more buyers and sellers for 10 shares at $10 than 1 share at   $100. Some companies have the opposite strategy: by refusing to split   the stock and keeping the price high, they reduce trading volume.   Berkshire Hathaway is a notable example of this. Something more to munch on, Why Warren Buffett Is Against Stock Splits."}
{"_id": "231789", "title": "", "text": "\"I'm in total agreement on this. I get the sense that lyft is more of a social experience but sometimes I just want to get where I'm going and not be chatty.   Also I recall when lyft required you to signup with your Facebook account. Additionally they encouraged users to ride up front with the driver to encourage the social aspect. These things may have changed now, but it soured my initial experience. Also let's not forget the huge pink mustaches that used to be on the cars. Those were ridiculous.   It's not likely true; but Uber feels more \"\"professional\"\" and lyft is more a like a carpool service amongst colleagues.\""}
{"_id": "231796", "title": "", "text": "The U.S. bankruptcy laws no longer make it simple to discharge credit card debt, so you can't simply run up a massive tab on credit cards and then just walk away from them anymore.  That used to be the case, but that particular loophole no longer exists the way it once did. Further, you could face fraud charges if it can be proven you acted deliberately with the intent to commit fraud.   Finally, you won't be able to rack up a ton of new cards as quickly as you might think, so your ability to amass enough to make your plan worth the risk is not as great as you seem to believe. As a closing note, don't do it.  All you do is make it more expensive for the rest of us to carry credit cards.  After all, the banks aren't going to eat the losses.  They'll just pass them along in the form of higher fees and rates to the rest of us."}
{"_id": "231814", "title": "", "text": "It looks like your best option is to go with an online broker. There are many available. Some of them won't let you open an account online as a foreign national but will allow you to open one through the mail. See more about that http://finance.zacks.com/can-nonus-citizen-trade-us-stocks-9654.html Also keep in mind that you will need to pay taxes on any capital gains made through selling http://www.irs.gov/pub/irs-pdf/p519.pdf"}
{"_id": "231820", "title": "", "text": "Part of the value of bitcoin is indeed in speculation about its future. Will it be a store of value, like gold is? Will it be *the* medium of exchange for online and offline transactions? Will it be a representation and insurance for services (to be) rendered?   It currently most resembles the first, but don't forget that bitcoin is still in its infancy. There's a lot of room for it to grow, and the technology behind it *can* grow."}
{"_id": "231841", "title": "", "text": "Any commercially distributed product needs to be taxed. Depending on country of residence and distribution, legislation varies widely, therefore the best place to ask would be your local small business counsel or even your local taxation office. Depending on the size of your business, you might need a license to sell them in the first place anyway and that comes with its own set of prerequisites."}
{"_id": "231863", "title": "", "text": "\"The \"\"ideal world\"\" index fund of any asset class is a perfect percentage holding of all underlying assets with immediate rebalancing that aligns to every change in the index weighting while trading in a fully liquid market with zero transaction costs. One finance text book that describes this is Introduction to Finance: Markets, Investments, and Financial Management, see chapter 11.  Practically, the transaction costs and liquidity make this unworkable. There are several deviations between what the \"\"ideal world algorithm\"\" (\"\"the algorithm\"\") says you should do and what is actually done. Each of these items addresses a real-world solution to various costs of managing a passive index fund. (And they are good solutions.) However, any deviation from the ideal index fund will have a risk. An investor evaluating their choices is left to pick the lowest fees with the least deviation from the ideal index fund. (It is customary to ignore whether the results are in excess or deficit to the ideal). So your formula is: This is also described in the above book.\""}
{"_id": "231880", "title": "", "text": "Trust me man, I've been cold e-mailing and calling any alumnus that will will let me, but most don't even throw me a bone. I am looking. Definitely not going to be another credit analyst at a shitty bank."}
{"_id": "231891", "title": "", "text": "1) Have a discussion, including would they be willing to share their financials to help craft a proposal 2) Fire up Excel (or similar) and build a financial plan. What would 6 days a week potentially look like financially? Is there a snack bar or similar upside revenue op? Is there enough money to interest the owners and you? Run the plan by a disinterested third party (local banker or business manager might make sense) to challenge your assumptions. 3) Make a proposal only if the numbers make sense."}
{"_id": "231894", "title": "", "text": "To one extreme, there's term. Aside from the commission, the premium is buying insurance and that's it. But when the tax and math wiz guys started to get together, they were able to use insurance as a wrapper to create products that might have some tax benefits. Whole life created a product that had an investment component which was able to pay the ever increasing premium costs. To the other extreme, there are variable annuities with a fixed $20/mo mortality fee which on a large valued account can be a tiny fraction of a percent of the funds invested. In effect, it's not an insurance product, but an investment, one that wrapped in a very thin insurance veil to keep it away from certain security regulations. This is likely the product you are being offered, or some variation of it."}
{"_id": "231911", "title": "", "text": "\"&gt;I expect it goes back long before Eisenhower.  I expect it goes back long before Washington.  I expect it goes back long before Julius Caesar.  &gt;That shouldn't mean I can express my disgust at it.   K but that isnt what you said earlier, which is what got us here.  &gt;I'm old enough to remember when normal companies didn't openly associate their brands with politics,   Normal companies have been openly associating their brands with politics since \"\"normal companies\"\" have existed. There just used to be more middle ground.\""}
{"_id": "231917", "title": "", "text": "1a. It isn't. Compound interest is compound interest. It works no different within a 401(k). 1b. Yes. 401(k)'s are made up of the same underlying assets that you could invest in with a regular brokerage account."}
{"_id": "231918", "title": "", "text": "In all honesty I put zero research in to this - pizza is still fucking italian though, bread base + tomato based sauce + any cheese + topping = pizza, however often America tries to claim they came up with it - you guys can have the burger"}
{"_id": "231923", "title": "", "text": "I have used TurboTax successfully for a couple of years. In addition to things already mentioned, it has some forums where you can get some simple questions answered (with complex ones it's always better to consult the professional) and it can import some data from your salary provider if you're lucky (some companies are supported, some aren't) - then you save time on filling out W2s, and can allow you to track your donations with sister site ItsDeductible.com, compare data with last year, etc. Not sure how desktop software compares. So far I didn't see any downsides except for, of course, the fact that your information is available online. But in our times most companies offer online access to earnings statements, etc., anyway, and so far the weakest link for the financial information has proven to be retailers, not tax preparers."}
{"_id": "231928", "title": "", "text": "You should never roll a 401(k) to a Roth IRA. If the intention is to do so, you are better off rolling to a traditional IRA, and then converting. (Per the comment below, I should add - if the 401(k) contained post tax money, this portion rolls to a Roth, not a Tradition IRA. You then have the exercise of converting/recharacterizing just the TIRA money, as the Roth stands aside) This preserves the ability to recharacterize back to a traditional IRA. You might wish to do this if: The answers so far are great, but I'll add what I see missing -"}
{"_id": "231933", "title": "", "text": "[Amazon Balance Sheet](http://markets.ft.com/research/Markets/Tearsheets/Financials?s=AMZX:GER&amp;subview=BalanceSheet)    [Best Buy Balance Sheet](http://markets.ft.com/research/Markets/Tearsheets/Financials?s=BBY:NYQ&amp;subview=BalanceSheet)   Best Buy has one billion in cash.  Amazon has nine.  If Best Buy does lower its retail prices, a sector that demands higher margins to compensate for larger fixed expenses, it's over.  They don't have the cash to pursue that strategy if they wanted to, and it means that they've given up trying to figure out another way to differentiate themselves.    It already is pretty much over.  Amazon could open up pop-up stores around Christmas time with it's top 20 products by margin and volume in each category and effectively end Best Buy.  But they don't really care because Best Buy isn't a competitor to them."}
{"_id": "231947", "title": "", "text": "\"Don't worry about it.  The State doesn't care about rounding error.  All you need to do is say \"\"We charge our prices with tax included\"\" - you know, like carnivals and movie theaters.   Then follow the procedures your state specifies for computing reportable tax.  Quite likely it wants your pre-tax sales total for the reporting period. To get that, total up your gross sales that you collected, and divide by (1 + tax rate).  Just like DJClayworth says, except do it on total sales instead of per-item.  If you need to do the split per-transaction for Quickbooks or something, that's annoying.  What Quickbooks says will be pennies off the method I describe above.  The state don't care as long as it's just pennies, or in their favor.\""}
{"_id": "231959", "title": "", "text": "The problem around here is while the crowd sourced nature of reddit can be great for discussions, when it comes to topics that require specialized analysis or understanding beyond headlines most of the participants are young and have very little direct experience or knowledge on what they're commenting on.  So as a business owner with actual experience that you live with and have dealt with for decades you might end up with negative comment votes, while a 15 year old who plays call of duty all day says something popular with the hivemind has hundreds of positive upvotes.   At least r/business has more people willing to consider both sides of the argument.... whereas r/politics is pretty much a lost cause. Nevermind I have a top 20 university degree in political science. For even suggesting people consider alternatives or that Obama is anything but a saint I often receive negative comment votes. I don't support Romney OR Obama, but thats as good as evil for most of these people."}
{"_id": "231968", "title": "", "text": "Lots of business do work and buy products for their customers then invoice them later think of landscapers or IT professionals. They keep track of the work and products on post-its they stick on their desks. Need further help, contact QuickBooks Support team by visit our site - https://www.wizxpert.com/quickbooks-support-help-phone-number/"}
{"_id": "231972", "title": "", "text": "Many brokers offer a selection of ETFs with no transaction costs. TD Ameritrade and Schwab both have good offerings. Going this route will maximize diversification while minimizing friction."}
{"_id": "231985", "title": "", "text": "Get a lawyer.  If you're having legal issues - get a lawyer. If you're having contract issues - get a lawyer."}
{"_id": "231986", "title": "", "text": "The only resources or references you need are a chart showing you what happened in those months. The exuberance for US treasuries comes from the fact that there are no better options than them for putting cash. There are better sovereign debt instruments around the world depending on your goals, but they do not offer the same liquidity. US dollars and US Treasuries are equivalents in this context, so no matter if the wealthy speculator removed their cash from the stock market and put it in a bank or directly bought US treasuries (or their futures), this would increase the demand for treasuries. S&P Downgraded US treasures due to political instability in the United States, since inefficiencies in the country's political structure can prevent the Treasury from paying treasury holders (aka a default). Speculators know that this doesn't effect the United States resources and revenue collection schemes, as there is ample wealth public and private available to back the treasury bonds."}
{"_id": "231987", "title": "", "text": "It is a fantastic site.  I am a little disappointed they aren't staying private, building up their client base, and then make an attempt to take over the MLS/Realtor mafia.       They have an opportunity to Uber the real estate market."}
{"_id": "231990", "title": "", "text": "\"If you are a telecommuter and in good terms with your employer, then all you need is contact your employer and explain your situation. Ask them for a short letter that indicates: \"\"1. they require you to work from a privately rented office (or from a home office for those who prefer working from home), 2. this is one of the terms of your employment, and, 3. they will not reimburse you for this expense.\"\" With this letter in your hand, you satisify both the \"\"convenience of employer\"\" test AND the deduction of the rent for your private office as a unreimbursed employee expense.  The IRS cannot expect your employer to open an office branch in your city just for your sake, nor can they expect you to commute to your employer's city for work, which is an impossiblity considering the distance. Additionally, the IRS cannot \"\"force\"\" telecommuters to work from home. The key is to get a letter from your employer. You'd be surprised how easily they are willing to write such letter for you.\""}
{"_id": "231999", "title": "", "text": "\"This comment is too long to put in comments. Sorry. I suggest you also do a dry run of your taxes with the rental as part of it. When you rent a house, you take depreciation each year. This means that even if you are breaking even, the rent paying the mortgage, property tax, etc, you may still show a \"\"tax loss.\"\" In which case, planning and knowing this, might suggest you adjust your withholding so instead of a large refund, you get better cash flow each month.  Also, pull a copy of Schedule E and the Instructions. You'll be wiser for having read them.  Last. If you have decent equity in the existing house, it may pay to refinance to save a bit there, or even pull some cash out. When you buy the new one, you want to be in the best position you can be, and not risk cutting it too close.\""}
{"_id": "232005", "title": "", "text": "I've put 75K miles on my 2013 Volt and it's holding up great.  Solid car.  I've got a pre-reveal Model 3 reservation, and I'm reluctant to trade the Volt in.  Looks like I'll have to make that decision pretty soon."}
{"_id": "232011", "title": "", "text": "\"We just got in an argument in another thread, and I don't necessarily want to continue it, but was browsing your comments and saw this. I can say from personal experience (I have several high net worth clients) that this isn't true. The rich do the opposite of leave their money laying around. They invest it to make more money. They buy office buildings, fund new companies, buy up stocks, and drive investment in general. Someone has to do these things. Office buildings can't just be owned by \"\"the people\"\". Someone with a ton of money has to come along and fund them.   For example, one of my friends knows Elon Musk (founder of Pay-Pal, Tesla Motors, Solar City, and Space X). He is *worth* $2 billion, but was living on other people's couches (including my friend's) after he sold Pay-Pal because he had just poured all of his cash into starting Tesla Motors. He was a billionaire without a penny to his name (well I'm sure he had a little cash lying around, but was essentially asset rich, cash broke).   THAT is what most ultra rich people are like. They invest their money, they don't just horde it away in a savings account. The things people like Musk do create jobs and sometimes entire industries (or three entire industries in his case). I'm by no means arguing that this is right or wrong, but to say rich people just have money lying around is absurd. You don't get rich by saving money in the bank, you get rich by spending it.  I'm in my early 20's, but already own multiple apartment buildings. I'm not rich yet and am in the same boat as Musk was. I have tons of assets, but almost no cash I can spend. However, you bet my efforts are creating jobs. I'm employing people to renovate and people to repair and maintain these buildings. I'm helping stop the bleeding in the real estate market, but, according to the narrative, I'm evil because my \"\"income\"\" is six figures.\""}
{"_id": "232012", "title": "", "text": "You have to look at the real price of the share to calculate the value of the spread. 42$ at the start, 46$ at the end.  Think of it this way: When price was 42$ the call 45$ was out of the money, worth 100$ of time value only=100 the call 40$ was in the money and worth 200$ of intrinsic + 100 time value=300 the difference was 200$ Now that price is 46$ the call 45$ is worth 100$ in the money, real or intrinsic value the call 40$ is worth 600$ in the money, real or intrinsic value the difference is 500$ NOTE: 1. Commission fees are not included. 2. Time value of 100$ on both calls when price is 42$ is incorrect and for teaching purpose only."}
{"_id": "232043", "title": "", "text": "Is it liable for taxation in India? Taxation does not depend on whether to transfer money to India or keep it in GCC. It depends on your tax status. In a given Financial year; 1st April to 31st March, if you are outside of India for more than 182 days, your are Non-Resident Indian, NRI for tax purposes.  If you are NRI, income earned outside of India is not taxable in India [even if you transfer the funds to India]. If you are not an NRI, you income in GCC will be taxable in India [Even if you keep the money in GCC]. We both send our salary into a friends account in India and then transfer an amount to our own accounts This is an incorrect practise, If you are NRI, you should not be holding a Savings account, it should be converted into NRO and you can if you want open an NRE account. For your friend where you are transferring money, if there is an income tax audit, there would be quite a few questions asked and your friend has to establish and keep records that this is not GIFT, but more of a convenience agreement."}
{"_id": "232049", "title": "", "text": "No. Few reasons.   1) You'll pay a penalty (tax) if you liquidate your 401k. 2) Instead of using your 401k, adjust your monthly budget and live frugal for some time. 3) Look for 0% balance transfer offers and transfer debt to that so you'll be able to reduce interest accumulation.  4) 401k is your savings, one of many I hope, keep that as is and don't touch it. 5) Sell things that you don't need and pay it towards the credit card  6) Do an analysis of your spending and figure out how you got to 21k."}
{"_id": "232059", "title": "", "text": "I wasn't clear, I meant misleading the public in the goal of supporting their own ends which will then work to the benefit of the politicians.   Frankly, I know politicians are lying crooks. I don't respect what they do or the reasons they do it."}
{"_id": "232063", "title": "", "text": "Some items are VAT Exempt or Reduced, but in short you will pay it on almost any all consumer goods. Assuming you are a visitor to the UK from a non-EU nation then Her Majesty will refund you with the appropriate paperwork"}
{"_id": "232071", "title": "", "text": "Isn't 'net' implying that job losses are already accounted for?  edit:  Now I'm thinking you're saying that the jobs Amazon destroyed need to be subtracted from their net.  Hmm.. Mathematically sound.  Practically next to impossible to determine an accurate number, I expect."}
{"_id": "232075", "title": "", "text": "Yes, they have tried with Google Shopping but nothing came out of it. I really feel they are these big dinosaurs corporations who can't adapt to new business model. Outside of their web apps they have not done much really. Gmail hasn't improved for years. The so called gmap improvement are bs, it's just some improved stuff."}
{"_id": "232076", "title": "", "text": "\"If I understand, you're saying that the cause of the slow recovery is structural. That is, that our economic problems are due to to being unproductive. That's simply wrong. [There is no evidence of that.](http://krugman.blogs.nytimes.com/2012/06/08/the-structural-obsession/)  Moreover, there is not \"\"plenty of demand\"\" as you claim. Expected aggregate demand growth isn't what it used to be.\""}
{"_id": "232083", "title": "", "text": "\"Why thank you for this unbiassed information, trust deed salesperson.  Basically, trust deeds are a pawn shop for your house, except they aren't well regulated like a pawn shop.  \"\"Banks are too trustworthy.  I'm going to give my house to Joe, because he'll give me one third of one more percent, and it seems smart to me to gamble my home on a couple hundred bucks and some social network advice.\"\"\""}
{"_id": "232090", "title": "", "text": "In my graduate thesis I explored the liquidity changes in the bond markets. Part of my research led me to also identifying an opportunity for blockchain to play a role in measuring it, something mathematically impossible but increasingly necessary in fixed Income.  Definitely interested"}
{"_id": "232114", "title": "", "text": "\"This was an article meant for mass consumption, written by a Yale law professor and an individual who has a PhD in economics (in addition to his practical, on the job experience managing the Yale endowment).  I'm having a hard time believing that it was \"\"poorly argued.\"\"  As for proof, that's the sort of thing you find in financial and economic journals (for example, [The Effect of Maker-Taker Fees on Investor Order Choice and Execution Quality in U.S. Stock Markets](http://people.stern.nyu.edu/jhasbrou/SternMicroMtg/SternMicroMtg2015/Papers/MakerTakerODonoghue.pdf)).    One of the direct takeaways from the above paper states:  *\"\"I find that total trading cost to investors increases, when the taker fee and maker rebate increase, even if the net fee is held fixed. The total trading cost represents the net-of-fees bid-ask spread and the brokerage commission to an investor wanting to buy and then sell the same stock.\"\"*  I'm not here to argue for the paper.  I'm really here to tell you that these guys have far more of a clue than you realize.  ~~A dash of humility on your part may be in order, given the fact that you've already admitted to the reality that you aren't sure of any of this yourself.~~  *Edit*:  Thought I was responding to a different thread.\""}
{"_id": "232141", "title": "", "text": "seriously?  local papers are the worst for advertising now. it is a buyers market, i expect many local papers to disappear in years to come.  at least with nationals they can get a wider circulation and reasonable ad rates from national retailers, auto groups etc  IIRC the NYT did have a local paper group (which was grouped with their boston globe assets?) and sold it off - probably for a big loss."}
{"_id": "232153", "title": "", "text": "\"I think it would take a societal introspection in regards to wealth. \"\"How much is enough\"\".  In the US (and in parts of Canada) we have, today, rampant poverty. The middle class is in debt because of wage stagnation and the inflated cost of living.  Who is going to buy goods and services when few have disposable income? I don't care how rich you are, you only buy so many cars, jeans, houses. ~~You're~~ Your money just sits there making more money.  So at some point many companies WON'T be able to pay current compensation packages. When that happens \"\"talent\"\" has no choice. They take a reasonable and realistic compensation package (still orders of magnitude larger than the average employee) but not 10's and 100's of millions of dollars, unless that compensation is actually tied to something more than short term shareholder value creation. Which is exactly the problem today. HP anyone?\""}
{"_id": "232155", "title": "", "text": "Would say it depends on the weight of the camper really.  As a top of the line Tacoma is around 41k MSRP, which is a mid tier Tundra (both having full cab).  I don't know the max tow weight for the tacoma, but depending on the weight it may be doable.  As the tacoma comes with a v6 with AWD."}
{"_id": "232167", "title": "", "text": "glimp is a comparison website for utilities, such as broadband, power and gas. We\u2019re on a mission to help Kiwis save time and money by providing a free, easy-to-use service. Hop on board to compare broadband, power, car insurance, mortgage, personal loan, car loan and credit card providers."}
{"_id": "232199", "title": "", "text": "I'm not sure about reimbursement, you'll have to talk to a tax adviser (CPA/EA licensed in your State). From what I know, if you pay your own insurance premiums - they're not deductible, and I don't think reimbursements change that. But again - not sure, verify. However, since you're a salaried employee, even if your own, you can have your employer cover you by a group plan. Even if the group consists of only you. Then, you'll pay your portion as part of the pre-tax salary deduction, and it will be deductible. The employer's portion is a legitimate business expense. Thus, since both the employee and the employer portions are pre-tax - the whole cost of the insurance will be pre-tax. The catch is this: this option has to be available to all of your employees. So if you're hiring an employee a year from now to help you - that employee will be eligible to exactly the same options you have. You cannot only cover owner-employees. If you don't plan on hiring employees any time soon, this point is moot for you, but it is something to keep in mind down the road as you're building and growing your business."}
{"_id": "232201", "title": "", "text": "Seconded, just passed my 7 with a 91 and never scored better than the mid 80s on the practice tests.  Also don't bother with reading the book much.  Just use the practice tests and answers for most of your study.  Do consult the book to see what chapters are weighted heavily on the exam to know where to focus."}
{"_id": "232207", "title": "", "text": "does it still count as a capital gain or loss? Yes. Is it essentially treated like you sold the stock at the price of the buy-out?  Yes. Do you still get a 1099-B from your broker? Yes."}
{"_id": "232211", "title": "", "text": "The following are my opinion based upon research/analysis. Since this involves Taxation rules, suggest you consult a Tax attorney for their views.  a. Yes. You can transfer any any amount of dollars to your NRE account without paying any additional taxes.  b. Since you have passed Substantial Presence test, you will be categorized Resident Alien. You need to disclose the interest earned on your NRE account. This amount will be clubbed with your total income in US. You would have to add this interest income in your total income and calculate tax thereon. C. Transferring money to Parents? Answer is Yes /No. You need to elaborate on this further. Advantage of parking money in NRE account is that you can repatriate money in dollars any time you want. Assuming you need to buy a house or further education , this would be useful. Incase you don't have any of those goals, Yes you can transfer money to your Parent if they are in need of funds.  d. Any transfer above $14000 will attract gift taxes. This $14000 is the overall limit for a Tax payee. Incase you transfer $14000 for each parent, then it comes to $28000. There are chances that IRS may raise a Redflag that you are circumventing the limit by splitting the recipients.  e. Only when you transfer more than $14000, you need to report and pay the gift tax."}
{"_id": "232223", "title": "", "text": "Andy Callif Bail Bonds offers fast, reliable bail services in Columbus, OH. Specializing in a variety of bonds, including felony, drug, DUI, immigration, and warrants, Andy Callif Bail Bonds has you covered for the service, rates, and solutions you've been searching for. Call today!"}
{"_id": "232232", "title": "", "text": "Thats not even close to true. My dad was a roofing contractor who regularly employed felons. It doesn't take a rocket scientist to clean a dish or swing a hammer, both of which are jobs that need to get done.  Well would you look at that? Turns out you're the daft one."}
{"_id": "232244", "title": "", "text": "I have been using bearsofts money app, both in mac and iOS. I think only down side with this apps is you need to buy them separately. http://ibearmoney.com/money-mac.html"}
{"_id": "232261", "title": "", "text": "\"When you buy a put on a stock, you buy the right to sell the stock at fixed price, F, that his usually different from the market price, M. You paid a price, P, for the put.  Your potential profit, going forward, is represented by the DIFFERENCE you get to collect between your fixed price F, and that market price M, plus the price you paid for the put, or F-(M+P). (This assumes that F>(M+P). P is fixed, but the smaller M gets, the larger the term F-(M+P), and therefore the higher your potential profit from owning the put. So when M \"\"tanks,\"\" the put goes higher.  The $395 put is already in the money. If it were settled today, the value would be $395-$376 or $19. This, minus the cost of the put itself, represents your profit. The $365 put is \"\"out of the money.\"\" The stock has to fall $11 more before the put is exercised. But if the stock went down 8 points today, that is less than the $19 difference at the start of the day. Because there is time between now and October, there is a chance for the stock to go down further, thereby going into the money. The current value of the put is represented by this \"\"chance.\"\" Obviously, the chances of the stock going down $11 more (from today) is greater than the chance of it going down $19 more. On the other hand, the closer it gets to the expiration date, the less an out of the money put is worth. It's a race between the stock's fall, and the time to expiration.\""}
{"_id": "232262", "title": "", "text": "\"The responses here are excellent. I'd add just a couple points. Debt is not generic. It ranges from low (my HELOC is 2.5%) to insane (24% credit card, anyone?).  When I read about the obsession to be completely debt free, I ask questions. Are you saving in your 401(k) at least up to the match? I disagree with the \"\"debt is evil\"\" people who advise to ignore retirement savings while paying off every last debt. My company offers a dollar for dollar match on the first 5% of income deposited. So a $60K earner will see a $3000 deposit doubled. 5 years of this, and he has 1/2 a year's income in his retirement account, more with positive returns. (note - for those so fearful of losses, all 401(k) accounts have to offer a fixed income, low risk choice. currently 1% or less, but the opposite of \"\"I can lose it all\"\".) After that, paying off the higher debt is great. When it's time to hack away at student debt and mortgage, I am concerned that if it's at the risk of having no savings, I'd hold off. Consider - Two people in homes worth $250K. One has a mortgage of $250K and $100K in the bank. The other has his mortgage paid down to $150K.  When they lose their jobs, the guy with the $100K in the bank has the funds to float himself through a period of unemployment as well as a house the bank is less likely to foreclose on. The guy with no money is in deep trouble, and the bank can sell his house for $150K and run away (after proper foreclosure proceedings of course.) My mortgage is one bill, like any other, and only a bit more than my property tax. I don't lose sleep over it. It will be paid before I retire, and before my 11yr old is off to college. I don't think you stupid for paying your low interest debt at your own pace.\""}
{"_id": "232263", "title": "", "text": "Always the same bank.   Started in a technology/IT related role on the trading floor.  It was a long time ago.  That part was luck.  I didn't actually look to work on a trading floor specifically.  I was interviewed, they hired me.  After that, it was a lot of hard work and I basically changed industries while staying on the same floor."}
{"_id": "232279", "title": "", "text": "I have never had a lender ask my budget, only my income, savings, credit rating and value of the collateral. That's considered adequate info to estimate risk for most ordinary loans. Yes, they may want the income proven by evidence from your employer or via a copy of your tax returns. They don't care what you buy as long as there's evidence you'll make loan payments on time for the life of the loan."}
{"_id": "232282", "title": "", "text": "This question came up again (Living in Florida working remotely - NY employer withholds NYS taxes - Correct or Incorrect?) and the poster on the new version didn't find the existing answers to be adequate, so I'm adding a new answer.   NYS will tax this income if the arrangement is for the convenience of the employee. If the arrangement is necessary to complete the work, then you should have no NYS tax. New York state taxes all New York-source salary and wage income of nonresident employees when the arrangement is for convenience rather than by necessity (Laws of New York, \u00a7 601(e), 20 NYCRR 132.18). Source: http://www.journalofaccountancy.com/issues/2009/jun/20091371.html Similar text can also be found here: http://www.koscpa.com/newsletter-article/state-tax-consequences-telecommuting/ The NYS tax document governing this situation seems to be TSB-M-06(5)I. I looked at this page from NYS that was mentioned in the answer by @littleadv. That language does at first glance seem to lead to a different answer, but the ruling in the tax memo seems to say that if you're out of state only for your convenience then the services were performed in NYS for NYS tax purpose. From the memo: However, any allowance claimed for days worked outside New York State must be based upon the performance of services which of necessity, as distinguished from convenience, obligate the employee to out-of- state duties in the service of his employer."}
{"_id": "232286", "title": "", "text": "There are some that are already under similar restrictions.  Highly comp-ed employees can only put a small portion of the traditional limit in their qualified plans.  Some may have very high incomes, that if limited to 18K, would be saving inadequately.   Others may have high incomes and not have a 401K.  What do they do? I see only two options: The reduction in the contribution limit would certainly improve the attractiveness of real estate as an investment."}
{"_id": "232311", "title": "", "text": "Some personal finance packages can track basis cost of individual purchase lots or fractions thereof. I believe Quicken does, for example. And the mutual funds I'm invested in tell me this when I redeem shares. I can't vouch for who/what would make this visible at times other than sale; I've never had that need. For that matter I'm not sure what value the info would have unless you're going to try to explicitly sell specific lots rather than doing FIFO or Average accounting."}
{"_id": "232314", "title": "", "text": "I'm quite aware of your point and it doesn't hold water for me, for the reasons I already explained.   If someone came in saying Amazon is a company that sells dogs, and I say no they don't, I don't feel the need to cite a source, even if one is available, because it's a known truth and if they want to argue, they can look it up and find out they're wrong.  It's not incumbent upon me to hold your hand."}
{"_id": "232322", "title": "", "text": "\"you have 2 concerns: the lender and the irs. either way you should be fine the lender just wants to know that you have no legal claim to the property or other compensation. simply signing a gift declaration should clear that up, making this a \"\"gift\"\" from their perspective.  they probably have some standard form you can sign. otherwise, just a simple note that says \"\"i, so-and-so, gave whats-er-name x$ on the y of june, 20## as a gift, with no expectation of repayment\"\".  then, only way you could get charged with \"\"fraud\"\" is if you seek compensation for this \"\"gift\"\" in the future.  even then, the bank would probably have to find out about the compensation and complain pretty strongly to get a prosecutor interested in a small dollar misrepresentation case with little or no provable intent. a bigger concern is the bank being uncomfortable with the future renter also giving a gift. that just \"\"smells weird\"\". and bankers hate anything weird. it probably won't prevent the mortgage from getting approved, but it might delay the underwriters a few days while the wring their hands about it. the irs is a bit more complicated. they tend to be the \"\"heads we win, tails you lose\"\" types.  assuming they consider this a gift, then you are fine, since it is under the annual gift exclusion (~14k$ these days); you don't even have to tell them about it.  however, if she gives you a large financial gift in the near future, they may decide to interpret those two events as a single transaction turning this into a no interest loan. even then, you should be fine since the irs generally doesn't care about loans under 100k$ with \"\"missing\"\" interest under 1k$/yr. since this is a small loan and interest rates are so low, you have no worries. further irs reading on gift loans: https://www.law.cornell.edu/uscode/text/26/7872\""}
{"_id": "232329", "title": "", "text": "If your sister paid rent, she was a tenant. There are laws to protect tenants, but those depend on what country, state, and city you live in. In most places in the US (maybe all), she was owed more than 2 days notice. Normally, the local housing authority could help her figure out what her rights are, but since this already happened, they may not be able to do much (depends on the local laws). It's worth asking them anyway. I don't know how partial ownership of the property would affect things if your sister was a partial owner. If the 30 year old will was the most recent document, then that's how the estate will be distributed. There are no laws in the US requiring a will to be fair. An executor's role is to carry out the will. Being an executor does not mean one can choose to unilaterally sell the property in the estate without permission of other heirs. You'll need to speak with a lawyer if you think they're breaking the will by selling property that you have partial ownership of. But since the sale is already done, reversing it would be slow and probably very expensive in legal fees. If it's a small estate, you'll have to judge whether a lawyer is worth the money and the family's animosity. Also, if the estate had debt, debt must be paid before property is distributed to the heirs, so that could also change what your sisters had to do.  I'd suggest first asking your sisters to tell  you about what they've done to execute the will, and what they do in the future."}
{"_id": "232374", "title": "", "text": "A chunk of Gen X graduated during the .COM bubble, so depending on what industry you were in, yes, it was pretty tough. Fortunately (depending on your perspective), the federal reserve found a way to sweep that bubble under the rug by inflating the housing bubble, so while Gen X might have been able to find jobs, it was largely at the cost of getting stuck in their first mortgage for the rest of their lives."}
{"_id": "232377", "title": "", "text": "In a very large number of cases you are dead wrong. People will gladly pay a premium for products from someone that at least pretends to give a fuck. You can find similar products and services with a very large price difference but those charging more still get plenty of business and often more business."}
{"_id": "232386", "title": "", "text": "The one that I used in a technical meeting with out-of-touch career bureaucrats last year of Technical Evangelists.    The bureaucrats where thoroughly confused (thinking I was talking about people of a particular religious faith) until one of them asked for a definition.  Context, people!"}
{"_id": "232388", "title": "", "text": "\"Previous answers have done a great job with the \"\"Should I invest?\"\" question.   One thing you may be overlooking is the question \"\"Am I allowed to invest?\"\" For most offerings of stock in a startup, investors are required to be accredited by the SEC's definition.  See this helpful quora post for more information on requirements to invest in startups. To be honest, if a startup is looking for investors to put in \"\"a few thousand dollars\"\" each, this would raise my alarm bells.  The cost and hassle of the paperwork to (legitimately) issue shares in that small of number would lead me just to use a credit card to keep me going until I was able to raise a larger amount of capital.\""}
{"_id": "232394", "title": "", "text": "There are several factors that can help you make a decision.  How friendly are the laws to tenants as opposed to landlords?  How easy will it be for you to collect rent?  How much management is needed?  Do you desire to own rental properties?  What does your schedule look like? Based upon pure numbers I would keep this property.  It looks like you can earn 3K per year, which you may have done some math wrong, on about a 15,000 per year investment.  About 20%, very good.  Even if you only collect half your profits due to maintenance or missed rent checks the numbers still look really good. If you don't need the extra funds, you can always pay more on the mortgage.  The other thing to consider is the rest of your fiances.  Can you cover a couple of months of missed rent?  Do you have an emergency fund?  Do you have other debts?"}
{"_id": "232410", "title": "", "text": "If you guys are so convinced this is only good for banks, why don't you just invest in banks?    Same thing with net neutrality. It screws the average guy but a smart investor can recoup money lost"}
{"_id": "232415", "title": "", "text": "I agree, but lets stat the obvious here: the average intelligence of his workforce is extraordinary high. This would not work at Walmart. The CTO would be getting what is my log in password questions from 10,000 front line employees."}
{"_id": "232421", "title": "", "text": "\"Yes, I completely agree with you there.  Interest rates and prices have an inverse relationship.  The point that I am trying to make is that when home prices are not manipulated by some stupid government program, they will \"\"seep to their level\"\".\""}
{"_id": "232423", "title": "", "text": "\"I grew up when eBay started long before Amazon. For the past 20 years, eBay has been a total \"\"no-option\"\" service. The amount of fraud has been out of control for two decades.    If you can't afford something, just don't buy that item. Buy something lesser. Going on eBay for something cheap will burn you every time. This has been common sense for twenty years. It's garbage and it profits off bad transactions. Just drop it altogether as a service and align your wants to your means.\""}
{"_id": "232425", "title": "", "text": "Did he say why he wants double your asking price? Did you explain to him how you came up with the offer you made? Sometimes exploring interests (why people make their decisions) is more helpful than bargaining over positions. If you understand why he wants double your offer (and he understands why you're offering a lower price) you might get closer to an agreement. Another option is to defer to a disinterested third-party who will pick a valuation for the company, and you can agree to abide by their decision (and pick a payout schedule if necessary) Think about what you'll do if you can't come to an agreement: is walking away from the business an option and going out on your own? What would happen to him if you simply walk away? It might be in his best interest to negotiate. Or will you reluctantly pay his asking price? Or can you sell the business to him? One option when partners need to split up is to have one of them set a value for the company, and the other decides if he wants to be the buyer or seller. (It's like the trick with kids where one cuts the cake and the other selects which slice he wants.) Maybe you can come up with a fair way of valuing the company. A lawyer will be needed to draw it all up, but you can agree on the framework of the deal ahead of time and save some money and stress. Last thought: when a win-win agreement isn't possible, sometimes the next best compromise is where everyone feels like he got equally screwed. That's ok, too."}
{"_id": "232436", "title": "", "text": "An expert event videographer ought to have the capacity to cover all minutes in the room, utilizing a zooming focal point and without lights. The reason and center of a wedding function ought to be you.  In Gainesville, we are the best videography office. In the event that you need to Videography Gainesville, FL, at that point, you can get in touch with us. We will give you an expert videographer."}
{"_id": "232441", "title": "", "text": "It depends on what you're trying to measure, PPP is a far more accurate measurement of a nation's industrial and military power. If you want to measure the might of a country's financial industry then nominal GDP is more accurate.  China doesn't pay its soldiers or scientists in nominal currency, it doesn't pay for its tanks, ships, roads, bridges, high speed rail etc in nominal currency, it pays for it in local currency.  This is why the CIA uses PPP to measure a nation's real industrial power.  [Who Has the World's No. 1 Economy? - Bloomberg]( https://www.bloomberg.com/view/articles/2017-10-18/who-has-the-world-s-no-1-economy-not-the-u-s)"}
{"_id": "232451", "title": "", "text": "You don't need to file or do anything. The bank will report all transfers over 10 000, but chances are slim that it will even be looked at, if you don't do this every week. Worst case, someone will ask you about the source, and you tell them exactly what you wrote above (I had multiple international transfers over 60k and nobody ever asked). You said you paid his tuition, and he is now paying you back, so in case someone asks, you should be able to produce the documentation on the tuition payment - a bill, or your bank statement showing you paid it; and the amount should be matching, so you have proof. Note that if he pays you interest, it is taxable income. You are obligated to list it on your next tax filing."}
{"_id": "232460", "title": "", "text": "AdvFN has one--click the Charts & Research pulldown and choose UK Screener. Free but requires login."}
{"_id": "232462", "title": "", "text": "Votes.  Resources everyone requires.  The ability to sue people forever for the same or similar issue, until those people are financially unable to defend themselves. Control over a \u201ccorner\u201d of the market.  The means of production from under their competition. And on and on."}
{"_id": "232491", "title": "", "text": "\"Your house doesn't need to multiply in order to earn a return. Your house can provide shelter. That is not money, but is an economic good and can also save you money (if you would otherwise pay rent). This is the primary form of return on the investment for many houses. It is similar for other large capital investments - like industrial robots, washing machines, or automobiles. The value of money depends on: As long as the size and velocity of the money supply changes about as much as the overall economic activity changes, everything is pretty much good. A little more and you will see the money lose value (inflation); a little less and the money will gain value (deflation).  As long as the value of inflation or deflation remains very low, the specifics matter relatively little. Prices (including wages, the price of work) do a good job of adjusting when there is inflation or deflation. The main problem is that people tend to use money as a unit of account, e.g. you owe $100,000 on your mortgage, I have $500 in the bank. Changing the value of those numbers makes it really hard to plan for the future! Imagine if prices and wages fell in half: it would be twice as hard to pay off your mortgage. Or if the bank expected massive inflation in the future: they would want to charge you a lot more interest! Presently, inflation is the norm because the government entities, who help adjust how much money there will be (through monetary policy - interest rates and the like - ask about it if you're interested), will generally gradually increase the supply of money a little bit more quickly than the economy in general. They may also be worried that outright deflation over the long term will lead to people postponing purchases (to get more for their money later), harming overall economic activity, so they tend to err on the slightly positive side. The value of money, however, has not really \"\"ordinarily decreased\"\" until the modern era (the 1930s or so). During much of history, a relatively low fixed amount of valuable commodities (gold) served as money. When the economy grew, and the same amount of money represented more economic activity, the money became more valuable, and deflation ensued. This could have the unfortunate effect of deterring investment, because rich jerks with lots of money could see their riches increase just by holding on to those riches instead of doing anything productive with them. And changes in the supply of gold wreaked havoc with the money supply whenever there was some event like a gold rush: Because precious metals were at the base of the monetary   system, rushes increased the money supply which resulted in inflation.   Soaring gold output from the California and Australia gold rushes is   linked with a thirty percent increase in wholesale prices between 1850   and 1855. Likewise, right at the end of the nineteenth century a surge   in gold production reversed a decades-long deflationary trend and is   often credited with aiding indebted farmers and helping to end the   Populist Party\u2019s strength and its call for a bimetallic (gold and   silver) money standard. -- The California Gold Rush Today, there is way too little gold production to represent all the growth in world economic activity - but we don't have a gold standard anymore, so gold is valuable on its own merits, because people want to buy it using money, and its price is free to fluctuate. When it gets more valuable, and people pay more for it, mines will go through more effort to locate, extract and refine it because it will be more profitable. That's how most commodities work. For more information on these tidbits of history, some in-depth articles on:\""}
{"_id": "232508", "title": "", "text": "How are you treated there?   Horrendous pay certainly scares a lot of young people away from the profession in the first place, but many existing teachers quit because of the unreal workload, tons of mandatory unpaid after-hours time (duty, must sponsor after school clubs, after school meetings, etc.), tying student scores to your paycheck (or job security), etc."}
{"_id": "232520", "title": "", "text": "The middle class was created by the minimum wage which is historic fact. It has not tracked with inflation nor production as it was originally intended to do. It being PR is your opinion. Other wages are what they are in relation to the minimum. So you fail to see it's purpose because propaganda has no depth.  Housing shortage? [BAHAHAHAHAHA!!!](https://trofire.com/2015/07/21/3-5-million-americans-are-homeless-18-6-million-homes-in-america-are-standing-empty-what-is-wrong-with-this-picture/)"}
{"_id": "232537", "title": "", "text": "You definitely want to get a patent. If the product you're developing is something that can be developed and used in more than one product, then I'd definitely get a patent.   Couldn't hurt to officially brand something you've created so if someone wants to piggy back off of what you've created you'll get the royalty money."}
{"_id": "232538", "title": "", "text": "\"In that case, would it then be assured that the entire classes scores are high if they are based on the weakest student as the bar?  *some of the implementations of \"\"No Child Left Behind\"\" encourage pacing to the slowest student rather than challenging all of them at the level they can be challenged. It's pretty broken.*\""}
{"_id": "232540", "title": "", "text": "Well it would appear that you had a wash sale that canceled out a loss position.  Without seeing the entire report, I couldn't tell you exactly what was happening or how you triggered \u00a7 1091.  But just from the excerpted images, it appears as though your purchase of stock was layered into multiple tranches - perhaps you acquired more of the stock in the 61-day period than you sold (possibly because of a prior holding).   If in the 61-day period around the sale of stock (30 days before and 30 days after), you also acquire the same stock (including by contract or option), then it washes out your loss.  If you held your stock for a while, then in a 61-day period bought more, and sold some, then any loss would be washed out by the acquisition.  Of course it is also a wash sale if your purchase of the stock follows your sale, rather than precedes it.  Your disallowed loss goes into the basis of your stock holding, so will be meaningful when you do have a true economic sale of that stock. From IRS Pub 550: A wash sale occurs when you sell or trade stock or securities at a loss and within 30 days before or after the sale you: Buy substantially identical stock or securities, Acquire substantially identical stock or securities in a fully taxable trade, Acquire a contract or option to buy substantially identical stock or securities, or Acquire substantially identical stock for your individual retirement account (IRA) or Roth IRA. If you sell stock and your spouse or a corporation you control buys substantially identical stock, you also have a wash sale. Looking at your excerpted account images, we can see a number of positions sold at a loss (sale proceeds less than basis) but each one is adjusted to a zero loss.  I suspect the fuller picture of your account history and portfolio will show a more complicated and longer history with this particular stock.  That is likely the source of the wash sale disallowed loss notations. You might be able to confirm that all the added numbers are appearing in your current basis in this stock (or were reflected upon your final exit from the stock)."}
{"_id": "232544", "title": "", "text": "\"I agree that you should have received both a 1099 and a W2 from your employer. They may be reluctant to do that because some people believe that could trigger an IRS audit. The reason is that independent contractor vs employee is supposed to be defined by your job function, not by your choice. If you were a contractor and then switched to be an employee without changing your job description, then the IRS could claim that you should have always been an employee the entire time, and so should every one of the other contractors that work for that company with a similar job function. It's a hornet's nest that the employer may not want to poke. But that's not your problem; what should you do about it? When you say \"\"he added my Federal and FICA W/H together\"\", do you mean that total appears in box 4 of your 1099? If so, it sounds like the employer is expecting you to re-pay the employer portion of FICA. Can you ask them if they actually paid it? If they did, then I don't see them having a choice but to issue a W2, since the IRS would be expecting one. If they didn't pay your FICA, then the amount this will cost you is 7.65% of what would have been your W2 wages. IMHO it would be reasonable for you to request that they send you a check for that extra amount. Note: even though that amount will be less than $600 and you won't receive a 1099 in 2017 for it, legally you'll still have to pay tax on that amount so I think a good estimate would be to call it 10% instead. Depending on your personality and your relationship with the employer, if they choose not to \"\"make you whole\"\", you could threaten to fill out form SS-8. Additional Info: (Thank you Bobson for bringing this up.) The situation you find yourself in is similar to the concept of \"\"Contract-to-Hire\"\". You start off as a contractor, and later convert to an employee. In order to avoid issuing a 1099 and W2 to the same person in a single tax year, companies typically utilize one of the following strategies: Your particular situation is closest to situation 2, but the reverse. Instead of retroactively calling you a W2 employee the entire time, your employer is cheating and attempting to classify you as a 1099 contractor the entire time. This is frowned upon by the IRS, as well as the employee since as you discovered it costs you more money in the form of employer FICA. From your description it sounds like your employer was trying to do you a favor and didn't quite follow through with it. What they should have done was never switch you to W2 in the first place (if you really should have been a contractor), or they should have done the conversion properly without stringing you along.\""}
{"_id": "232552", "title": "", "text": "\"Zuckerberg has been known to do lots of underhanded things to get ahead, and say a lot of things that make him look like a jerk.  IE: screwing over a lot of people while first building the company, including friends and partners.  [Calling facebook users \"\"dumb fuckers,\"\" for trusting him with their information.](http://gawker.com/5636765/facebook-ceo-admits-to-calling-users-dumb-fucks)  He certainly doesn't come off as \"\"likeable.\"\"  He generally comes off as a pompous ass that doesn't care about anyone but himself. If you are interested you can do some googling to see why a lot of people don't like or trust him.  However he probably isn't the worst billionaire on the planet, but regardless people are certainly not rooting for him personally if that makes any sense.\""}
{"_id": "232558", "title": "", "text": "I agree with everything you said except that increasing employee wages will raise prices. It can lead to that, assuming upper management receives the same level of compensation. The fact that unrest within Walmart ranks is taking place, is a symptom of what we can all see when we look at the numbers. The upper management is being overly compensated at the cost of employees. Employee wages can be increased without the cost being shifted to the customers by decreasing upper management's take home. it's one part ethics, two parts good management, manage a company through equidible graduated work reimbursement."}
{"_id": "232560", "title": "", "text": "\"I would respond to your friend this way: \"\"Either you are planning to do something illegal, in which case I don't want to be involved, or you are planning to do something legal, in which case you don't need me.\"\" Here's Why: What your friend proposes is completely pointless because if the money is legally his to give to you, then it's perfectly legal for your friend to withdraw the $40K from his own bank account and take it out of the country without your involvement at all. As long as he files the appropriate paperwork, he can take as much money out of the country as he pleases. He should be prepared to answer why he's travelling with that much money, but he would have to do that anyway even if you went through with his plan. Note that if you declare the money you are fine, but if you don't declare it and get caught, you will get in trouble, so always declare it! You are correct to say no to this. The fact that he wants to involve you (or anyone) makes it seem extremely shady.\""}
{"_id": "232562", "title": "", "text": "Fuck that. Let the market do its work.  I'm telling you now, I simply refuse to eat manufactured meat in its entirety. I am a hunter I eat meat that I harvest in the wild it allows me to provide healthy, free range meat to my family and take part in not only nature but a cultural tradition that is older than humankind.   Sorry but whilst factory meat might make up some of my diet at some stage in the future it will not account for the majority of my meat consumption."}
{"_id": "232563", "title": "", "text": "\"Yes, you can use a post office box as a business address but not as an address for your registered agent.  Using your home address as the address of the business does not, to my knowledge, create a legal issue if you are sued.  Your home is a personal asset, not one that belongs to the LLC, so it would not be subject to seizure or forfeiture as part of any lawsuit against the business itself. Every state requires an LLC or corporation to have a \"\"registered agent\"\" which, according to Wikipedia is: In United States business law, a registered agent, also known as a resident agent or statutory agent, is a business or individual designated to receive service of process (SOP) when a business entity is a party in a legal action such as a lawsuit or summons. You can be your own registered agent if you like.  Companies that provide incorporation services will usually offer to act as a registered agent for your new business for a fee, but it's really no big deal. I would recommend that you go to the NoLo.com web site section about forming an LLC and take a look at their resources to help you through this.  You need to do it right, so understand what you need to do for the state you live in, and take your time.  If you rush it and screw it up then you might regret it later. I hope this helps Good luck!\""}
{"_id": "232566", "title": "", "text": "The IRS instructions do not specify how to connect the forms, just that you should not staple the check to the form (likely because it goes to a different location for processing). I have always either stapled or paper-clipped them together, however I would assume that the receiving department does not care, otherwise it would be explicit in the instructions."}
{"_id": "232620", "title": "", "text": "Yes, because he told Morgan Stanley and a few others that quarterly earnings were going to be down - but no one else - and because  he is perceived as being an untrustworthy weasel.  I'm not saying Zuckerberg isn't a slimy weasel, but it was the underwriter's, in this case Morgan Stanley, job to let this be known, or not known, but certainly not known to only a few of their top investors and insider people.  When filing a lawsuit, you go where the money is.  In this case, Zuckerberg and his billions."}
{"_id": "232633", "title": "", "text": "\"&gt; \"\"The problem is everybody else's fault but mine\"\" - CEO  He's not really saying that. CEO's do this all the time when addressing shareholders. You are legally required to be upfront and honest about your business challenges. This isn't the same as a PR Break.\""}
{"_id": "232651", "title": "", "text": "Well, this took some interesting facts and made some raving assumptions.  Generally, I'd imagine it's more likely the Chinese capital controls and atrocious domestic savings opportunities have made any dollar denominated returns desirable and with us commercial real estate in cardiac arrest, places like toledo offer lots of great investment opportunities.  I think a Chinrse city outside of Milan would be fantastic.  Good knows the new money and population couldn't but help MI and fostering deeper cultural ties between one of the former great manufacturing regions and the worlds newest could benefit both."}
{"_id": "232700", "title": "", "text": "\"Firstly, you should familiarise yourself with your options for your pension fund. They changed as of 6th April 2015 so it's all quite new. The Government's guidance on it is here. If you haven't already taken a tax-free lump sum from your pension fund, you can take up to 25% totally tax free immediately. That makes getting a house for 40K very accessible. Beyond the 25%, you can take any of it out whenever you want (\"\"flexi-access drawdown\"\" or \"\"lump sum payment\"\", depending on whether you take the 25% out up front or not). That'll be taxed, as if you earned it as income. So if you didn't have any other income, you can take another \u00a310600 without tax this tax year, and then another \u00a310600 or whatever the allowance goes up to next tax year, and so on. Above that you'd have to pay 20% tax until you reach the higher-rate tax threshold at about \u00a340K/year. You say you do have other income so you'll have to take that into account as well when calculating what tax you'd have to pay. If you've reached state pension age that will add some more income, of course. Or, as you suggest, you can buy an annuity. You can do that with some or all of the money, and you can still take the 25% tax-free first. If you do buy an annuity the income from it will all be taxed, but again your personal allowance will apply. Essentially an annuity is the least risky option, particularly if you get one that is uprated with inflation. Uprating with inflation makes the initial income even lower but protects you against cost of living rises as you get older. In exchange for avoiding that risk, you probably lose out on average compared to some more risky options. You might choose to get an annuity large enough to cover your basic needs and take more chances with the rest.\""}
{"_id": "232712", "title": "", "text": "Let's take a step back. My fictional company 'A' is a solid, old, established company. It's in consumer staples, so people buy the products in good times and bad. It has a dividend of $1/yr. Only knowing this, you have to decide how much you would be willing to pay for one share.  You might decide that $20 is fair. Why? Because that's a 5% return on your money, 1/20 = 5%, and given the current rates, you're happy for a 5% dividend. But this company doesn't give out all its earnings as a dividend. It really earns $1.50, so the P/E you are willing to pay is 20/1.5 or 13.3.  Many companies offer no dividend, but of course they still might have earnings, and the P/E is one metric that used to judge whether one wishes to buy a stock.  A high P/E implies the buyers think the stock will have future growth, and they are wiling to pay more today to hold it. A low P/E might be a sign the company is solid, but not growing, if such a thing is possible."}
{"_id": "232716", "title": "", "text": "You need to talk to an accountant who practices tax accounting, preferaby someone who is an Enrolled Agent (EA) with the IRS, and possibly an attorney who specializes in tax law.  There are multiple issues here, and the executor of your father's estate might need to be involved here too.  Presumably you were a minor in 2007 since the transactions took place in a custodial account, and perhaps you were a dependent of your father in 2007.  So, were the transactions reported on your father's 2007 income tax return? or did he file a separate income tax return in your name? You say you have a W2 for 2007. So you were  earning some income in 2007? This complicates matters. It is necessary to determine who has the responsibility to file income tax returns for a minor with earned income. Above all, I urge you to not file income tax returns on your own or using a tax return preparation program, or after talking to a tax return preparation service (where you will likely get someone who works on a seasonal basis and is unlikely to be familiar with tax law as of 2007)."}
{"_id": "232717", "title": "", "text": "\"Obligatory \"\"Don't do it\"\" remarks: If the guy isn't trusted enough to even show up to work, and can't get a personal loan directly from a bank (Home Equity Line of Credit would suffice), this is really setting things up for failure. What if he quits? What if you need to fire him (you know, for not showing up for weeks)? </rant> In order to be able to place a lien on his home should he default on the loan, you'll need to draft up a loan agreement or promissory note stating specifically that you have the right to do so. Get a lawyer involved.  Here's an article that talks about setting up a Private Home Loan, which is geared more at helping someone buy a home, but may prove useful in this case as well: https://www.nolo.com/legal-encyclopedia/borrowing-from-family-friends-buy-29649.html It's pretty lengthy, so I won't quote it out here, but the gist of it is: Get everything in writing in a legally binding contract.\""}
{"_id": "232736", "title": "", "text": "Do you have a broker? Any online brokerage (TD Ameritrade, E*Trade, Scott Trade, etc) offer the functionality that you want. If you're not interested in opening a brokerage account, you can search for threads here related to stock market simulation, since most of those services also provide the features that you want.  If you do you have a physical broker at some firm, contact him/her and ask about the online tools that the brokerage offers. Almost all of them have portfolio management tools available to clients."}
{"_id": "232763", "title": "", "text": "First, if your stock is trading at $1 and you transfer the 5000 shares in-kind to your TFSA on August 2, 2011, you are deemed to have disbursed that stock in your (assumed) non-registered account. This may have tax consequences depending on the ACB of the original purchase. As for your TFSA overcontribution, you will only have to pay the 1% monthly penalty on the value of the overcontribution, i.e. $5000. You will pay 1%/month for each month the overcontribution exists, regardless of what the value of the overcontributed assets end up being. Thus, you'll pay a $250 penalty for an overcontribution life of 5 months. The stock price could go to $2 or $0, but you'll pay a fixed tax of $250 for the value of the initial overcontribution. See these articles at the CRA website for more information:Tax payable on excess TFSA amount and Examples - Tax payable on excess TFSA amount."}
{"_id": "232772", "title": "", "text": "This is old and incorrect already, walgreens has already said they will not be seeking a tax inversion.  I know because I was holding the stock on the day they issued this press release and the markets response was BRUTAL, 18% off the top overnight."}
{"_id": "232797", "title": "", "text": "No. The intro rate is a gambit by the bank - they accept losing money in the short term but expect to gain money in the long term when your intro is over and you (hopefully) start paying interest. There's not much in it for them if you never get around to paying interest. Same can be said for people who close the card after their intro period, but that's different - the bank is correctly expecting that most people won't bother."}
{"_id": "232811", "title": "", "text": "\"One key point that other answers haven't covered is that many credit cards have a provision where if you pay it off every month, you get a grace period on the interest.  Interest doesn't accrue at all unless you rollover a non-zero balance.  But if you do, you pay interest on the average balance, not the rolled-over balance, for the entire month. You have to ask yourself what you are trying to accomplish with your credit history? Are you trying to maximize your \"\"buying power\"\" (really, leverage)?  Or are you trying to make sure that you get the best terms on a moderately sized loan (house mortgage, car note)? As JohnFx and losthorse already noted, it's in the banker's best interest to maximize the profit they make off of you.  Of course, that is not in your best interest. Keeping a credit card balance from month to month definitely feeds the greedy nature of the financing beast.  And makes them willing to take more risks, because the returns are also higher.  But those returns cost you. If you are planning to get sensible loans in the future, that you can comfortably afford, you won't need a maxed credit score.  You won't get the largest loan amounts, but because you are doing the sensible thing and making a large down payment, the risk is also very low and you'll find lenders willing to give you a low interest rate.  Because even though the reward is lower than the compulsive purchaser who pays an order of magnitude more in financing fees, the return/risk ratio is still very favorable to the bank. Don't play the game that maximizes their return.  That happens when you have a loan of maximum size, high interest rate, and struggle to make payments, end up missing a couple and paying late fees, or request forbearance which compounds the interest. Play to minimize risk.\""}
{"_id": "232817", "title": "", "text": "\"&gt; So with all those \"\"maybe\"\"(s), and since Trump did not Act on the subject, for God sake, why is that the FIRST thing you could say against Trump?  You interjected those \"\"maybe\"\"(s), not me.  My issue on this topic has always been, and still is, that President Trump said he would do something that would really help America, then he said he would not do that thing, and he has not done it.  &gt;&gt; Global warming is a serious risk to this country.  &gt; Absolutely not!  /shrug  I would usually suggest we agree to disagree but in this case you are simply wrong.  I have long studied arguments on both sides.  The science is solid and the result in unequivocal.  You are wrong.  I know you don't believe me.  I am sure you think I'm gullible, scared, and have been manipulated but you are mistaken.   I have dug through the studies and I have analyzed the data.  I can prove this is real but you have been conditioned for at least a decade to reject anything I might tell you.   So...  /shrug  &gt; So, please, tell me one substantial reason why you are against Trump?  I have given you two and you have rejected them both.  The first you reject because you suggest President Trump is actually doing the opposite of what he appears to be doing.  The second you reject because you deny the existence a danger for which there is more evidence than tobacco causing cancer.  Your dismissals are literally denying reality.  What could possibly be accomplished by giving you a third thing?  &gt; ...do you really think that if Hillary was in charge it would be better?  I'm not touching that one.  I can not imagine what you believe after the three-year smear campaign the Republicans have waged.\""}
{"_id": "232820", "title": "", "text": "No way. The CFA is comprehensive, but finance as subject matter isn't very difficult. I am an econ/econometric major in the CFA program with zero finance/accounting background. I started the program without know assets = liabilities + equity. Takes more time, and is a larger commitment, but unless you are working 12 hours a day, if you are diligent, you should have no major issues."}
{"_id": "232839", "title": "", "text": "&gt;I nowhere mentioned equal amount of assets. The point of my argument was wealth disparity. And, unless the rich pay more in taxes; that disparity will grow.  Do you know what these words mean? The wealth disparity is literally the difference in amount of assets.  In fact, you literally need a 100% marginal tax rate to prevent a divergence in disparity using your models."}
{"_id": "232864", "title": "", "text": "\"You need to consult a lawyer in your area. Generally speaking though, if you breach the T&C, they don't have to follow them either, which means that whatever they were responsible for in those terms and conditions, they're no longer responsible.  So if you get hacked, and they can prove you breached T&C by sharing your credentials, they are absolutely off the hook for your financial losses. So if they detect you're in breach, they may record it and not pursue any other action unless/until you have an issue, in which case they say, \"\"they're in breach, see here, here and here.\"\"  Or there may be regulations that require they notify you of their detection of the breach.  If this sort of regulation exists, I suspect that the notification would also include a termination of all accounts as well.  I can also picture situation where a company might have such a policy built into the T&C so that they can steer as clear as possible from any situations involving liability and cyber-crime in the same sentence. My suggestion would be to take the terms and conditions for your banks to some kind of legal clinic and get them to explain the parts that you do not understand.\""}
{"_id": "232870", "title": "", "text": "\"Iraq is a US vassal/puppet state. I'm not sure what 500 South Vietnamese Dong were worth in 1972, but today the paper currency is worth $10 in mint condition. I'd suggest blackjack or craps as an alternate \"\"investment\"\".\""}
{"_id": "232873", "title": "", "text": "I operate machinery and drive for work but if I was drug tested I would fail... Yet I am not stoned at work. Am I more dangerous than my Co worker who comes in hung over everyday still smelling like booze. I get stoned at night, eat some Cheetos and go to bed. Why is what I do in my spare time a concern. Marijuana stays in your system for like 30 days, just because you test positive doesn't mean you are stoned."}
{"_id": "232878", "title": "", "text": "So ummm did you know there's a film coming out? Something about some religious cult in the future and an insurgency or something, they all fight with laser swords. I wonder how they get the news out about that?  You are getting hit by ads, you just don't think they're ads. That's cool, I do too. Everyone does.   You're on reddit as well, there's a shitload of advertising content on here."}
{"_id": "232880", "title": "", "text": "A long put - you have a small initial cost (the option premium) but profit as the stock goes down. You have no additional risk if the shock rises, even a lot. Short a stock - you gain if the stock drops, but have unlimited risk if it rises, the call mitigates this, by capping that rising stock risk. The profit/loss graph looks similar to the long put when you hold both the short position and the long call.  You might consider producing a graph or spreadsheet to compare positions. You can easily sketch put, call, long stock, short stock, and study how combinations of positions can synthetically look like other positions. Often, when a stock has no shares to short, the synthetic short can help you put your stock position in place."}
{"_id": "232903", "title": "", "text": "In many cases spanning across years will indeed be beneficial. Deductions: You get to take twice as much in deductions (twice the standard deduction, or itemizing - if you can) when you span over two years than in one.  IRA: You can only contribute in years when you have earned income. You have all the income in year 1 and none in year 2 - you can only contribute in year 1. You have half of the income in year 1 and half of the income in year 2 - you can contribute in both years (up to the limit/earned income, whichever is less). Social Security: You get 4 credits for each year you earned ~16K in. You earned 32K in year 1, and nothing in year 2 - you get 4 credits. You split it in half for each year - you get 8 credits. The list can go on. If you can do the planning ahead of time and can chose the time periods of your work freely (which is not something most people can do), you can definitely plan ahead with taxes in mind. This is called Tax Planning."}
{"_id": "232930", "title": "", "text": "Couple of factors here to consider: 1) The savings vehicle  2) The investments  Savings Vehicle: Roth IRAs allow you the flexibility to save for retirement and/or your house. Each person can save up to $5,500 in a Roth and you can withdraw your principal at anytime without penalty.  (There is a special clause for first time home buyers; however, it limits the amount to $10k per person.  Given your estimate of $750k and history of putting down 20%.  It would require a bit more.)  The only thing is that you can't touch the growth or interest. When you do max out your Roth IRA, it may make sense for you to open a brokerage account (401Ks often have multiple steps in order to convert or withdraw money for your down payment) Investments: Given your timeline (5-7 years) your investments would be more conservative. (More fixed income)  While you should stay diversified (both fixed income and equity), the conservative portfolio will allow less fluctuation in your portfolio value while allowing some growth potential."}
{"_id": "232932", "title": "", "text": "\"In the case of mutual funds, Net Asset Value (NAV) is the price used to buy and sell shares. NAV is just the value of the underlying assets (which are in turn valued by their underlying holdings and future earnings). So if a fund hands out a billion dollars, it stands to reason their NAV*shares (market cap?) is a billion dollars less. Shareholder's net worth is equal in either scenario, but after the dividend is paid they are more liquid. For people who need investment income to live on, dividends are a cheap way to hold stocks and get regular payments, versus having to sell part of your portfolio every month.  But for people who want to hold their investment in the market for a long long time, dividends only increase the rate at which you have to buy. For mutual funds this isn't a problem: you buy the funds and tell them to reinvest for free. So because of that, it's a prohibited practice to \"\"sell\"\" dividends to clients.\""}
{"_id": "232938", "title": "", "text": "&gt; They specifically say that is not true, there is no genetic explanation  You really can't read, huh... They specifically say that they haven't found the specific genetic explanation yet (because the genome is still too complex to link specific haploids to specific parts of nervous system development), that doesn't mean there isn't one. Differences in gene inheritance absolutely affect intelligence, the brain is part of biology. Just like how black people are genetically more prone to obesity after controlling for diet/metabolism, despite the fact that we don't understand the precise genetic mechanism yet. Even grade-school psych/bio101 nature vs. nurture, nobody argues for pure nurture. The IQ metric holds up fine, as it correlates with nearly every broad measure of socioeconomic success and many other lifestyle measures as shown above. It's your shitty reading comprehension and misconceptions about the scientific research process that is preventing you from understanding and accepting the basic concept that people of very different ancestry have a correspondingly different cognitive makeup."}
{"_id": "232944", "title": "", "text": "It may be possible to get more cash than you currently have. For example, If you have $200,000, you could buy a distressed property for $150,000, spend $50,000 on renovations, get it appraised for $300,000 and then cash out refi $240,000 (keeping 20% equity to avoid MIPs) to invest. This would be analogous to flipping a house for yourself. Normally flippers buy a house for cheap, then sell it to someone else for way more than their total outlay in purchase + improvements. The only difference here is there's no 3rd party - you stay in the house and essentially buy it from yourself with the mortgage."}
{"_id": "232945", "title": "", "text": "\"In practice, most (maybe all) stock indices are constructed by taking a weighted average of stock prices denominated in a single currency, and so the index implicitly does have that currency - as you suggest, US dollars for the S&P 500. In principle you can buy one \"\"unit\"\" of the S&P 500 for $2,132.98 or whatever by buying an appropriate quantity of each of its constituent stocks. Also, in a more realistic scenario where you buy an index via a tracker fund, you would typically need to buy using the underlying currency of the index and your returns will be relative to that currency - if the index goes up by 10%, your original investment in dollars is up by 10%.\""}
{"_id": "232964", "title": "", "text": "I'm a sucker for cool interiors and I don't really pay attention to safety (although I should). I have two friends, one who bought a '17 Civic and another who bought a '17 Corolla. Neither of them know anything about cars. The Honda was impressive with the exception of the stupid touch controls for volume. The Corolla, at a similar price, was not nearly as impressive. Until the '18 Camry was announced, Toyota's design language lagged behind basically every major car manufacturer.  My point is that Toyota makes some ugly cars, relative to their direct competition. However they ARE getting their shit together - just look at the Lexus LC500, which the CEO of Toyota worked on. The design language is changing but I'd rather wait and see what happens in the very near future."}
{"_id": "232983", "title": "", "text": "If you know that your tax situation is not easily handled by the standard withholding table then you can use that line to ask for additional funds be withheld. You could also ask for less money to be withheld.   Why would somebody do this? They had a small side business that made them extra income, and wanted to withhold extra money from their full time job to cover the extra income. They might have been awarded a big bonus and it caused too much in taxes to be withheld so they wanted to not have as much taxes from their regular pay check. Given the fact that you are young, in your first real job, and almost the entire tax year ahead of you, it is likely that the standard tax tables will be close enough. So leave the line blank or put zero."}
{"_id": "232985", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.barrons.com/amp/articles/the-job-the-federal-reserve-cant-get-done-1504321061) reduced by 93%. (I'm a bot) ***** &gt; The year-over-year increase in average hourly earnings remains stuck at just 2.5%, which essentially means that workers are barely keeping ahead of inflation.  &gt; To be sure, brilliant ideas would get funded even if interest rates were 10%. But how many more get financed when the Federal Reserve pegs the cost of overnight money at just over 1%? That&amp;#039;s not to say that technology has magically solved inflation, especially from consumers&amp;#039; standpoint.  &gt; While holding down interest rates to try to boost inflation has had positive impacts, it has had side effects, as well.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xtrf3/the_job_the_federal_reserve_cant_get_done/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~203517 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **rate**^#1 **inflation**^#2 **work**^#3 **month**^#4 **prices**^#5\""}
{"_id": "232996", "title": "", "text": "Am I alone in thinking that Mr. Lewis should spend the rest of his natural life turning large rocks into small ones with a hammer, at a federal penitentiary?  Changes of anyone doing prison time for this - in the Corrupted States of 'Merka? **ZERO POINT ZERO.**"}
{"_id": "233001", "title": "", "text": "\"The only way to prevent it is to not use PayPal. The terms of usage are draconian, and by using the service you agree to them. I'm sure that when the case gets to a court of law, they will find where it is authorized. Paypal is not a bank, and the money there is basically \"\"entrusted\"\" with the company and is not insured by anyone. They don't need or have to be subject to the regulations on the banking industry, and they're no different than your neighbour carrying money for you to the grocery store when you're sick. Other options are wire transfer, services like Western Union or Moneygram, checks (better certified/cashier's checks), money orders or even cash. You can also charge via credit card, but you can get similar problems there (although it is still safer than PayPal because with credit card - the card owner must initiate the charge back, it doesn't appear on its own because they feel like it).\""}
{"_id": "233003", "title": "", "text": "&gt; the new design ... looks similar to Facebook\u2019s News Feed or Twitter\u2019s Timeline: A never-ending feed of content broken up into \u201ccards\u201d with more visuals to lure people into the conversations hidden underneath.  &gt; \u201cWe want Reddit to be more visually appealing,\u201d he explained, \u201cso when new users come to Reddit they have a better sense of what\u2019s there, what it\u2019s for.\u201d  &gt; **Raising $200 million in 2017 to help redesign a desktop webpage may strike some as odd.**  ##... especially by people who remember the Digg redesign that drove users away from that site to Reddit.  #Time to buy stock in Voat, boys!"}
{"_id": "233007", "title": "", "text": "The psychology around money is the subject of a lifetime of study.  Your observations are not uncommon.  The market daily fluctuation is out of our control. Hopefully, by the time the 1% volatility impacts you by say $1,000, you'll have grown accustomed to it, so when the 1% is then $10,000, you won't lose sleep. The difference between the $1000 up/down and the $3 sandwich is simple - one is in your control, the other isn't.  When you're out, you need to try to cut down on the math, it will only bring you unhappiness. You're paying for the socializing and can't let the individual items on the check bother you. I'm at the point in my life when I prefer a more expensive restaurant meal that I can't make at home to a moderate one that I'd make myself. For me, that logic works, and it's not keeping us home. Funny how my own sense of value for the dollar pushes me to a more expensive experience, but one that I'll enjoy.  By the way - eBay has done an amazing thing, it's created a market for you to sell your stuff, but it's also pulled everyone's collection of junk out for sale. Books I thought might be worth selling go for $1-$2 plus shipping. It's not worth my time or effort, and I need to just break the emotional ties to 'stuff.' I box them up and bring them to the library for their sale. If that picture frame isn't antique, throw it out or have a yard sale.  This may be right on track to your question or a complete tangent...."}
{"_id": "233015", "title": "", "text": "Thanks chrissundberg for providing the outline of the JOBS Act. Under the current rules, my understanding is that a non-public company can have up to 35 unaccredited investors, which doesn't really work within a crowdfunding environment. Am I correct in that?"}
{"_id": "233034", "title": "", "text": "&gt; The older gen never adopted MySpace. That's why it died.  MySpace died because something new came along, and that new thing was Facebook.  The first thing with enough of an advantage to start drawing people away will win...and it'll start with the younger crowd, because that's always how it works. They're the ones most in-tune with the tech and with social networks that promote finding new things and spreading the word."}
{"_id": "233040", "title": "", "text": "I just had this happen to me with Chase and speaking with my executive support contact, they will not return the funds unless you request them back.  Which I find appalling and just one more reason that I don't like working with Chase!"}
{"_id": "233100", "title": "", "text": "\"Goodness, I wish I could put away half my paycheck. Not to rain on your parade, but a 6-month emergency fund is not quite \"\"very good.\"\"  It is the typical starting time frame.  Personally, I would feel more comfortable with a 2+ year fund.  That is a bit extreme, but only because many of us can barely seem to make it around to a 6-month fund.  So, we focus on the more attainable goal. I say you do all three.  Make saving money your priority, but do enjoy some of it; in moderation.  Do not plan on making any big purchases with it, but know that you will eventually be able able to do so.  Money not spent is worthless Idle money is worthless.  Make some -- hopefully -- prudent investments with some of your money.   A small portion of that investment portfolio can/should be in speculative investments.  Maybe even as much as 20% of your investment portfolio, since you are young.  Consider that money gone and you will hopefully be surprised by one of those speculative investments.  That is the crucial point: earmark a small portion of your investment portfolio which you are willing to lose.  However, do not gamble with it.  Research the hot emerging technologies, for example, and find a way to make an investment. So, in summary: You may have more money that you know what do with, right now.  However, that does not mean you need to go out and spend it all.  Trust me, as you get older you will think of plenty of good uses for that money.\""}
{"_id": "233103", "title": "", "text": "Thanks, that was super helpful. Here is what I took from that. Any criticizimes?  Money- sell to government (microgrid &gt; traditional infastructure)  Safety- educate Nigerian citizens on the dangers of exposure to high voltage electricity (something us as Americans take for granted, but an un-educated Nigerian may not understand)  Jobs- use the opportunity to train Nigerian workers to work on and in the future set-up these microgrid systems (will help with sustainability and expansion in the future)  Sustainability- excess energy produced by microgrids could be sold to neighboring communities and other countries. This money can be reinvested into development of microgrids  Expansion- start small with a couple of community's as proof of concept and once those show benefits over community's with traditional infrastructure start expanding at exponential pace. (The more community's with microgrids the more successful the power grid)"}
{"_id": "233133", "title": "", "text": "Just like sports players... he may make that now, but where's he going to be in five years. Plus he has alimony, kids, rent, car payment, some going to an agent/publicist and investing in future ventures. This man is successful, but far from rich/greedy."}
{"_id": "233136", "title": "", "text": "LOL!!!!   Israel as a country exists since 1200BC, before there were almost any countries in the whole world, huge contributions to the whole world ever since, and today it's a model for how to run a free, democratic, succesful country in the whole region. Huge loss to the world if anything happens to Israel.  North Korea... well, nobody will miss it if it is wiped off the face of the earth, including its own people who live in a hell called N Korea. Much better world without N Korea."}
{"_id": "233145", "title": "", "text": "I assume you kept the receipt for your money order, in which case there's no reason you can't call the issuer and find out if the money order has been posted for payment. It does beg the question as to why you didn't send it registered mail or by some other means which would allow you to at least verify it was received by the IRS. As someone else mentioned, why can't you simply call the IRS and ask them if the money order was received and applied?"}
{"_id": "233171", "title": "", "text": "\"Have to do a presentation for an International Business and Cultures class in about a month and the assigned WSJ article isn't quite clicking with me and looking for a kind soul here to put it into layman's terms I guess.  If I am violating any policy or breaking a rule by posting the text from the article, please delete.  Thank you for any reply!  WASHINGTON--Finance officials trying to avert the next global economic crisis found time at a summit here to worry about something besides Brexit and European banks: China's mounting debts and its flagging economic overhauls.  The country's surging credit growth, overcapacity in its steel and metals industries and its bloated housing market drew widespread complaints from finance officials and central bankers attending semiannual meetings of the International Monetary Fund and World Bank.  Officials congratulated China for its efforts to get the yuan included in the IMF's international basket of currencies, known as special drawing rights, starting Oct. 1. And despite a couple of scares in the past year or so, the country's markets and economic growth have appeared to stabilize in recent months.  But in a sign of how important the world's second-biggest economy is to global growth, China is increasingly being called out.  U.S. Treasury Secretary Jacob Lew warned Beijing in unusually candid language about China's overproduction and overbuilding, which he suggested could become the biggest U.S. complaint about the country, as their earlier disputes over the country's exchange rate become less divisive.  \"\"I'm talking about steel, I'm talking about aluminum, I'm talking about real estate--when you don't have market forces driving investment, when you don't have bad investments allowed to fail, you end up with resources allocated in a way that ultimately chokes the future of economic growth,\"\" Mr. Lew said at the Peterson Institute for International Economics on Thursday.  The IMF zeroed in on a measure called current credit overhang, a widely followed international indicator of potential crises. The deviation of China's credit growth from its long-term trend has surged from zero during the financial crisis to up to 27%. Last year, banks' balance sheets grew to 286% of gross domestic product.  \"\"More is needed, especially to curb excess credit growth, reduce the opacity of credit products, and ensure sound interbank funding structures,\"\" said Peter Dattels, deputy director of the fund's monetary and capital-markets department.  China's policy makers are caught in a deepening trap, economists say. Dealing with the debt problem would require the country to start deleveraging. But slower credit growth is bound to hamper the overall economy. That could backfire by making it harder for companies to repay existing debt.  Clamping down on credit would also raise the prospect of political unrest in a country that has grown accustomed to very rapid growth. Faced with such unappetizing prospects, the country's leaders have largely eschewed credit restraint in the hope that they will be able to deal with its economic problems over time.  Part of the problem is the complicated and poorly disclosed structure of the country's swollen banking system, economists say.  \"\"The increasing complexity, opaqueness of the shadow banking, both on the asset side, but even more on the funding side where a lot of the funding is short term, is not stable,\"\" Markus Rodlauer, the IMF's Asia-Pacific deputy director, told reporters on Thursday. \"\"It's still of a size that is manageable, but the trajectory is dangerous, and needs to be contained.\"\"  China's appetite for steel and aluminum, which shrank abruptly in the past year or so, is of vital interest to commodity-exporting economies such as Russia and Brazil. For now, exporters appear to be confident that demand won't drop off again in the short term.  \"\"China's growth is stabilized at a lower level,\"\" Brazilian Finance Minister Henrique Meirelles said in an interview. \"\"I don't see a further collapse coming.\"\"  Still, much will depend on China's economic transition.  \"\"They are trying to alter their priority from manufacturing to services, from export-oriented to domestic consumption,\"\" said Indian Finance Minister Arun Jaitley in an interview. \"\"In the transformational stage, there will be ripples.\"\"  Chinese officials in Washington touted the country's annual GDP of between 6% and 7% and said growth has remained stable as economy transitions.  \"\"If that transformation is successful, China will continue to have a stable share of global growth,\"\" People's Bank of China Deputy Governor Yi Gang said on Thursday.  Ian Talley and Bob Davis contributed to this article.  Credit: By William Mauldin\""}
{"_id": "233175", "title": "", "text": "\"Living in the Netherlands. Laws are being changed (\"\"reforms\"\") that lead to the same problems facing the US. Labour markets becoming more and more flexible, following the Anglosaxon model. Wages aren't rising, because low wages are more competitive. Cheap labour from Eastern Europe lead to lower productivity gains (who needs a machine when there's cheap migrants who don't know their labour rights?) and lower wage competition.   The \"\"last man standing\"\", France, is now turning to economic liberalism too, thanks to Macron. They have to, otherwise they will become less competitive. They didn't have to if the rest had good labour standards/productivity/wages, too.\""}
{"_id": "233180", "title": "", "text": "\"&gt; First, you give this gray topic of Medicare Part-D where Trump promised to act upon, but has yet do anything. Am I right?  If you think the topic is \"\"gray\"\" and the issue is Trump \"\"has yet do anything\"\" then you haven't put in the time to understand why I think this is an issue.  &gt; Global Warming? It's Trump fault?  It appears you didn't put in the time to understand my issue with President Trump and global warming either.  &gt; Because the Paris Accords, like the TPP, and like NAFTA, and the Iran Deal, etc, etc, etc, are scams to hurt the USA and make the USA pay more. Nothing else.  Oh wow, you have drunk deeply from the Republican cool-aid.  For what it is worth, you are being lied to and manipulated.  There is a lot more (or less in a few cases) to these deals than you have been told.  FYI, when you think the only reason people would be championing a policy you disagree with is that those people are evil, you might want to dig a little deeper.  &gt; Since you are an expert with Global Warming...  All right.  &gt; Who has bigger air pollution, coal power plants, cutting trees, environmental disasters, etc? The USA or China?  Currently?  China, China, USA, USA  Historically?  USA, USA, USA, USA  &gt; ...is it true that deserts are now becoming green?  No, [deserts are growing](http://www.dw.com/en/holding-back-the-growing-desert/a-18620447).  A few spots where plants are now growing in the desert does not change the global trend.  &gt; Most trees in the world, which are in Russia and not the Amazon, are green longer?  It is thought that the warmer temperatures will delay them losing their leaves in fall.  [The warmer temperatures will also kill many of them](http://www.rollingstone.com/politics/news/the-fate-of-trees-how-climate-change-may-alter-forests-worldwide-20150312).  &gt; Global warming happened before, many times in earth history before the industrial revolution?  Yes, due to [Milankovitch cycles](https://en.wikipedia.org/wiki/Milankovitch_cycles) and the Earth releasing methane and CO2.  &gt; Also ice ages?  Yes, again caused by [Milankovitch cycles](https://en.wikipedia.org/wiki/Milankovitch_cycles).  We don't expect another ice age for about 40,000 years.  &gt; Oceans did not rise?  Oceans and continents have risen and fallen a lot in the history of the world.  Usually these kinds of changes come with huge extinction events.  &gt; I am not worried about Global Warming. It has negative things, and positive things.  That is too bad because it will will come with about a hundred negative things for every positive.  &gt; Do you have any idea what will happen in the world, 20-30 years from now, when we stop raising cows, pigs, goats and sheep?  That would be great but that won't be enough to stop global warming.  It is also may never come to pass so it is a bad idea to do nothing today expecting technology to fix our problem tomorrow.  &gt; You should be more worried about China and what this country and all its people do the earth.  Maybe so, but then President Trump should be implementing a plan and taking steps to minimize the damage in the future.  Instead he is ignoring the problem and rolling back what few preparations Obama made.\""}
{"_id": "233181", "title": "", "text": "Sorry, but as a chain they are responsible for every customer experience.  If it is bad, then I'm perfectly within the bounds to hate on all of Best Buy.  Sadly, for you, there are legions that agree with me.  So...I don't think it is an isolated problem."}
{"_id": "233187", "title": "", "text": "There's a sizable community of people and fiscal advisers who advocate not managing the money at all. Set your passive investor friend with automatic bank draft into a simple three/four fund portfolio of low cost index funds and never never ever trade.  See https://www.bogleheads.org/RecommendedReading.php You might be able to beat the stock market for a few years, but probably not over the long term.  Most mutual fund professionals don't.  Playing with your own money is one thing: playing with other people's money is a whole other ball game."}
{"_id": "233219", "title": "", "text": "If Steve Jobs [Tim Cook] were to decide to try to kill Apple, does he have the power to do so? Yes. But he would be held accountable. In addition to the other answers, the CEO is a fiduciary of the corporation. That means his/her actions must be in good faith and look out for the well-being of the company. Otherwise, he could be sued and held liable for civil damages and even criminally prosecuted for malfeasance."}
{"_id": "233223", "title": "", "text": "Do not buy any commodity tracking ETF without reading and understanding the prospectus. Some of these things get exposure to the underlying commodity via swaps or other hocus-pocus derivatives, so you're really buying credit obligations from some bank. Others are futures based, and you need to understand your potential upside AND downside. If you think that oil prices are going to continue to rise, you should look into sector funds, or better yet individual stocks that are in the oil or associated businesses. Alternatively, look at alternative investments like natural gas producers or pipeline operators."}
{"_id": "233226", "title": "", "text": "Before investing, absolutely follow the advice in mbhunter's answer. There is no safe investment (unless you count your mattress, and even there you could find moths, theives, or simple inflation taking a chunk out of your change).  There is only maximizing your reward for a given level of risk - and there is always risk. This question should be enshrined somewhere on the Q&A site for its comprehensive list of sources for information on asset allocation.  The tag is also going to have tons of good information for you. To answer your question on what slice of the pie is devoted to what, you can check out some common portfolios given by U. S. experts for U. S. investors - these should be convertible into Australian funds. Another portfolio that is, like all those above, loosely based on Modern Portfolio Theory for maximizing reward for a given level of risk is the Gone Fishin' Portfolio. A common denominator amongst these portfolios is that they emphasize index funds over mutual funds for their long-term performance and preference lazy management (yearly rebalancing is a common suggestion as the maximum level of involvement) over active management.  You can see more Lazy Portfolios."}
{"_id": "233235", "title": "", "text": "\"&gt;Truthfully, I don't see a way out of this that doesn't involve economic upheaval on a scale that would make 2008 look like boom times.  Economic \"\"upheaval\"\" could also be considered economic \"\"re-formation\"\" and \"\"re-organization\"\".  The danger lies in the *political* sphere -- that the problems inherent in any such even will create a \"\"mob\"\" that makes demands which inevitably result in \"\"strong-man\"\" rule (i.e. a full blown \"\"dictator\"\").  Americans delude themselves that we have never had this in the past, when in fact we have, several times (most notably FDR) -- we just retained the \"\"forms\"\" of a democracy, and the euphemistic labels of a \"\"republic\"\" -- and then we got VERY lucky that the dictator died when he did, and power transitioned to someone who was a token/place-holder, and NOT party to his grand scheme, and so \"\"unwound\"\" the whole thing.  IOW, we may be headed over a *proverbial* \"\"cliff\"\", but that doesn't necessarily mean that it will be an apocalyptic affair, just that it will be tough to weather and get through (though the \"\"agile\"\" will still manage, and there IS potential \"\"hope\"\" for the other side, however minimal).\""}
{"_id": "233248", "title": "", "text": "(I'm assuming the tag of United-states is accurate) Yes, the remaining amount is tax free -- at the current price.  If you sell at exactly the original price, there is no capital gain, no capital loss.  So you've already payed the taxes. If you sell and there is a capital gain of $3000, then you will pay taxes on the $3000.  If 33% is your marginal tax rate, and if you held the stock for less than a year, then you will keep $7000 and pay taxes of $1000.  Somehow, I doubt your marginal tax rate is 33%. If you hold the stock for a year after eTrade sold some for you to pay taxes, then you will pay 15% on the gain -- or $450. eTrade sold the shares to pay the taxes generated by the income.  Yes, those shares were considered income.  If you sell and have a loss, well, life sucks.  However, if you sell something else, you can use the loss to offset the other gain.  So if you sell stock A for a loss of $3000, and sell stock B at a gain of $4000, then you pay taxes on the net of $1000."}
{"_id": "233251", "title": "", "text": "\"Changed to answer match the edited version of the question No, you do not need to write the date of your endorsement, but you can choose to do so if you want to. The bank stamp on the back will likely have the date and perhaps even the exact time when the check was  deposited. The two lines are there in case you want to write something like \"\"For deposit only to Acct# uvwxyz\"\" above your signature (always a good idea if you are making the deposit by sending the paper check (with or without a deposit slip) by US mail or any other method that doesn't involve you handing the check to a bank teller). If you are wanting to get encash the check, that is, get cash in return for handing the check over to the bank instead of depositing the check in your account, then the rules are quite a bit different.\""}
{"_id": "233253", "title": "", "text": "\"For 60 days I got $2,958.  What you have is how much it would cost you over a 3 month period ASSUMING that ALL of your receivables were paid at 30 days rather than 60. But I'm confused by \"\"our return is 3.6%\"\", is that the interest you're charging the customer for paying late? Would the invoice be 3.6/30 n-60? I'm not sure\""}
{"_id": "233254", "title": "", "text": "If you are still Indian Citizen for Tax purposes, then all your Global Income is taxable [There are certain exemption if you are in certain professions]. So even if you transfer or not transfer the funds to India, it is taxable in India. If you are getting a per day allowance, its exempt, this has to be looked more as expense reimbursed. If you are saving from per day allowance, well whatever you have save is to be declared as additional income and pay tax accordingly. If you are NRI for tax purposes, there is no limit on the amount of funds that you can send to India. Note that it would help to transfer funds into a separate NRI/NRO account to ensure traceability and ease of taxation."}
{"_id": "233265", "title": "", "text": "see, im still smarter than you are.  i know wut's going on, while you don't and instead argue with emotion and arrogance and willful ignorance and name calling.  it could be night for me, other part of the globe u know.    here's an article for you sucker: http://www.newyorker.com/online/blogs/frontal-cortex/2012/06/daniel-kahneman-bias-studies.html"}
{"_id": "233278", "title": "", "text": "\"Great. 10% of the pre-tax 450 you'd make in a week of 40 hours' work means you could buy about 2 shares a month. I assume they pay bi-weekly, so you can qualify to buy a share.   25% 401k contribution off less than 30k annual salary is peanuts to the company, and peanuts to the employee by retirement. Competitively speaking, thats actually a rather bare-bones retirement package, isn't it?  I hope that health care waves covers deductables 100% - otherwise a yearly checkup will be 10% of your takehome that week in addition to the hours you take off work and get \"\"points\"\" under their draconian \"\"no days off ever\"\" policy.\""}
{"_id": "233294", "title": "", "text": "That makes no sense at all. They try to compare and that's exactly the same as comparing apples versus oranges. Mortgage is long-term loan, so for the first many years the huge part of the payment will go to repaying interest, so that ratio 1 will indeed be something like 20% or more despite the fact that the interest rate on the mortgage is much lower - something around 6%. HELOC will have the interest rate of 6%, but it will have the same structure so that you have equal payments, so if you compute that ratio 1 it will be very close to that of the mortgage. The bottom line is - if HELOCs were that great noone would apply for mortgages. You should stick to making extra payments towards the principal on the mortgage."}
{"_id": "233312", "title": "", "text": "The bootstrappy argument doesn't rub many people the right way because they've been taught by the baby boomers how the world worked *then*.  The baby boomers have had life very easy for them relative to all of the other generations in American history.  We're coming down off of that high and the world has changed.  The world of being able to get a good career and being able to pay for a house and raise a family, all with a high school diploma, is long past.  That world, and those rules/wisdom, are obsolete (for the most part).  Despite this, we're still being taught that **that** is how you make it to retirement.  Its so easy!  Just give your money to these Wall Street people and they'll use it to make more money for you!"}
{"_id": "233344", "title": "", "text": "It's a ludicrously slanted article. Arbitration is not a bad thing. It's usually less expensive for both parties and is a much quicker process than litigating. The same laws apply except it's harder for the defendant to win on a technicality. Are there drawbacks? Sure. But this is not a big scandal. Class action lawsuits have issues their own."}
{"_id": "233348", "title": "", "text": "Kelly Gitter is a fitness trainer who assures individuals to stay fit and healthy by accomplishing their fitness objectives. With an experience over 10 years, she has been empowering and controlling individuals with the most rigorous exercise routine and healthy eating habits to shed their additional weight."}
{"_id": "233349", "title": "", "text": "Bravo to A.O's analysis, even with it's resentful tone.... I did not have any help from my parents and still can't afford a luxury car. I have two college degrees, raised three children, and have always worked at least a 40 hour work week. The only reason I can give is not wanting it badly enough... It all boils down to what each of us wants out of life and our perspective. If your perspective is to compete with others in appearances, you will end up empty. However, if you want a quality, enriched life, there is nothing wrong with what you drive. It all boils down to how you feel about what you drive...."}
{"_id": "233352", "title": "", "text": "\"&gt; Just like they do not understand mortality \u2013 their brains are literally chemically imbalanced in this way \u2013 young people do not understand why it's a good idea to be private. They are solipsistic.   I loled. As if a correctly chemically balanced brain can see an \"\"obvious\"\" morality. Just goes to show the author must be really stupid. Maybe this comes from the fact that a certain lobe (I'm not sure of this word for word), the frontal one, goes through some weird development which impairs decision ability. Decision ability does not equal morality.\""}
{"_id": "233367", "title": "", "text": "\"Are you asking why you aren't entitled to money that someone gave you by mistake? I think the answer is obvious even if you don't like it. If you overpaid your taxes how would you feel if the Government said, \"\"Sorry, finder's keepers. It isn't OUR mistake you can't do math.\"\"  Your best course of action is to work with the agency to see if they will work out a payment plan so it isn't a big hit all at one time. They are likely to work with you since it was their mistaken advice that got you into the situation.\""}
{"_id": "233371", "title": "", "text": "I am not an accountant and this is not tax or other legal advice! :-) Provided you were tax-compliant in Ireland for the tax years that the US money was earned I believe you are OK. This page makes the statements: Income earned prior to moving to Ireland If you are moving to Ireland for the first time or you are an Irish citizen returning to live in Ireland and you were not resident or ordinarily resident when the income was earned, the position will be as follows: Funds accumulated from income earned prior to the beginning of the tax year in the year that you become resident in Ireland will not be liable to income tax.   However, income other than employment income arising between the beginning of the tax year and the date of your arrival will be taxable if brought into Ireland, unless a double taxation agreement provides for a different treatment. which seems to back this up."}
{"_id": "233373", "title": "", "text": "&gt; Also, though, I found it hard to imagine that those Equifax executives were consciously insider trading. It would just be too dumb.   If I could bill $1000 an hour for every time I represented someone who got in trouble because they were being too dumb, I'd be rich.  I'm rich."}
{"_id": "233374", "title": "", "text": "Why do you say that? If we look at that region as a whole it would make sense considering their data center and web services center are in nearby Ashburn and Herndon respectively.  Also, Fairfax County and Loudoun County are co-bidding to have HQ2 use the CIT Building campus and the immediate surrounding area."}
{"_id": "233379", "title": "", "text": "\"Selling short is simply by definition the selling, then later re-buying of stock you don't initially own. Say you tally your entire portfolio balance: the quantity of each stock you own, and your cash assets. Let's call this your \"\"initial position\"\". We define \"\"profit\"\" as any increase in assets, relative to this initial position. If you know a particular stock will go down, you can realize a profit by selling some of that stock, waiting for the price to go down, then buying it back. In the end you will have returned to your initial position, except you will have more cash. If you sell 10 shares of a stock valued at \u00a31.50, then buy them back at \u00a31.00, you will make a \u00a35.00 profit while having otherwise returned to your previous position. If you do the same, but you initially owned 1000 shares, sold just 10 of those, then bought 10 back, that's still a profit of \u00a35.00. Selling short is doing the same thing, but with an initial and ending balance of 0 shares. If you initially own 0 shares, sell 10, then buy 10 back, you return to your initial position (0 shares) plus a profit of \u00a35.00. (And in practice you must also pay a borrowing fee to do this.) The advantage of selling short is it can be done with any stock, not just those currently owned.\""}
{"_id": "233385", "title": "", "text": "Kinda. I'd  be interested in seeing broader studies because minimum wage also influences other pay as well.  I work in the medical field and most insurances base their rates off of what Medicare/Medicaid pay in each geographic area. By artificially setting the min wage too high you're going to influence the jobs that require marginally more skills and experience than min wage jobs.  Obviously this influence has less effect the higher skilled and experience the position is but nonetheless influences them.   Moreover there are other things that minimum wage influences such as here in California the government thought it was a bright idea to require servers be paid the regular minimum wage plus tips instead of the lower federally legal server min wage. This has had the effect that there are significantly more servers than low to mid skilled workers in CA because you can easily earn $20-30  or more per hour.  Not to mention they get OT for every minute over 8 hours they work.  Not to mention IIRC Cali requires that salaried employees must be paid twice min wage.   So yeah while it doesn't directly affect a lot of people but it indirectly affects a lot.   But ask me if I think raising the min wage is a good idea . . . Fuck no."}
{"_id": "233394", "title": "", "text": "\"Paying someone to look after your money always costs something - it doesn't matter whether you're inside a pension or not. Fees are highest for \"\"actively managed\"\" funds and lowest for passively managed funds or things where you choose the investments directly - but in the latter case you might pay out a lot in dealing fees. Typically pensions will have some small additional costs on top of that, but those are hugely outweighed by the tax advantages - payments into a pension are made from gross salary (subject to an annual limit), and growth inside the pension is tax free. You do pay income tax when you take the money out though - but by then your marginal tax rate may well have dropped. If you want to control your own investments within a pension you can do this, subject to choosing the right provider - you don't have to be invested in the stockmarket at all (my own pension isn't at the moment). I wrote an answer to another question a while ago which briefly summarises the options As far as an annuity goes, it's not as simple as the company taking the money you saved when you die. The point of an annuity is that you can't predict when you'll die. Simplifying massively, suppose the average life expectancy when you retire is 20 years and you have 100K saved, and ignore inflation and interest for now. Then on average you should have 5K/year available - but since you don't know when you'll die if you just spend your money at that rate you might run out after 20 years but still be alive needing money. Annuities provide a way of pooling that risk - in exchange for losing what's left if you die \"\"early\"\", you keep getting paid beyond what you put in if you die \"\"late\"\". Your suggestion of taking the dividends from an index tracker fund - or indeed the income from any other investment - is fine, but the income will be substantially less than an annuity bought with the same money because you won't be using up any capital, whereas an annuity implicitly does that. Depending on the type of investment, it might also be substantially more risky. Overall, you only need to secure the income you actually need/want to live on. Beyond that level, keeping your money outside the pension system makes some sense, though this might change with the new rules referred to in other answers that mean you don't have to buy an annuity if you have enough guaranteed income anyway. In any case, I strongly suggest you focus first on ensuring you have enough to live on in retirement before you worry about leaving an inheritance. As far as setting up a trust goes, you might be able to do that, but it would be quite expensive and the government tends to view trusts as tax avoidance schemes so you may well fall foul of future changes in the rules.\""}
{"_id": "233399", "title": "", "text": "You keep saying that like it explains everything away.  Sorry.  Not that simple. It's also about (among other things your tiny concept fails to ignore) where these jobs are located vs. where the high levels of unemployment are, and how its tougher for people to travel for job opportunities nowadays because everyone in general has less money, expecting high qualifications and non competitive pay, and so on.   This is way more complex than just simply stating these people can't find employees because the american populous isn't educated enough.      Again, you're grossly oversimplifying the issue."}
{"_id": "233401", "title": "", "text": "529 plans.  They accumulate earnings over time and by the time your child goes to college you will be able to withdraw funds for college TAX FREE.  The best part about 529s is that there are several different options you can choose from, and you aren't limited to the plans sponsored by your state, you can use whichever plan works best for you.  For example, I live in South Carolina and use Utah's Educational Savings Plan because it has no minimum amount to open one up and it has low fees.  Hope this helped. Good luck with your search!"}
{"_id": "233413", "title": "", "text": "Myself I am in a similar position. I've had a few good conversations about this with people in the financial services industry.  It all depends how much time you want to spend on yielding your profits and how much risk you would like to take. High time and high risk obviously means higher expected gain, but also has a high chance of creating a loss. Option 1: You could buy a home now and take out a mortgage with a high down payment (thus lower interest rates) and rent it out. By the time you are ready to have your own house, you can decide to either take out a mortgage on your second house and make money off your first house, and keep renting it out. Or you could move in there yourself.  If you use an asset-back mortgage (i'm not sure if that is the term, but a mortgage where in the worst case you give your home back to the bank), you generally carry least risk. If you keep doing this you can have 2 houses paid off if everything goes well. Option 2:  You could also invest in stocks. This all depends on the risk you want to take and the time you want to put in it.  Option 3:  You could also put the money in a savings account. Some banks will give you better interest rates if you lock the money for a set amount of years.  Option 4:  You could buy a foreclosure and try to flip it, though this is very risky and requires a lot of time. Also, it is important to also have some sort of emergency fund, so whatever you do, don't spend all your money.  Save some for a rainy day :-) Hope it helps.."}
{"_id": "233414", "title": "", "text": "That's very inconvenient if you ask me.  This is my opinion. Anytime I shop for shoes and even when I observe others, different shoes are tried on until one is bought. And I'm not talking about trying on couple pairs either.  Maybe others can guess what shoe will fit on their feet without trying them on."}
{"_id": "233417", "title": "", "text": "This ship is headed for an iceberg. Has to be valued at less than half of its high of $80 billion. Getting killed on losses. Sexual harassment. Huge c-level turnover. Big lawsuit with Google. And terrible PR."}
{"_id": "233423", "title": "", "text": "Not correct. First - when you say they don't tax the reimbursement, they are classifying it in a way that makes it taxable to you (just not withholding tax at that time).  In effect, they are under-withholding, if these reimbursement are high enough, you'll have not just a tax bill, but penalties for not paying enough all year.  My reimbursements do not produce any kind of pay stub, they are a direct deposit, and are not added to my income, not as they occur, nor at year end on W2.  Have you asked them why they handle it this way? It's wrong, and it's costing you."}
{"_id": "233440", "title": "", "text": "\"Old stores, old locations.  McD is really loosing its luster when it comes to consistency.    Some locations are typical ghetto dumps, and other locations are VERY pleasant, like Starbucks.  The \"\"cafe\"\" concept will work if they push it.\""}
{"_id": "233462", "title": "", "text": "The difference is when the companies can make their own loop holes via  legislation that they propose and get passed.  You can make a law that only effects only one company or circumstance.  Apple could sponsor a law that allows a 5% tax rate on companies that run digital downloads, sell over 5 flat screen devices, incorporated in Northern California and named after a fruit."}
{"_id": "233472", "title": "", "text": "Other people have belabored the point that you will get a better rate on a 15 year mortgage, typically around 1.25 % lower. The lower rate makes the 15 year mortgage financially wiser than paying a 30 year mortgage off in 15 years.  So go with the 15 year if your income is stable, you will never lose your job, your appliances never break, your vehicles never need major repairs, the pipes in your house never burst, you and your spouse never get sick, and you have no kids. Or if you do have kids, they happen to have good eyesight, straight teeth, they have no aspirations for college, don't play any expensive sports, and they will never ask for help paying the rent when they get older and move out.  But if any of those things are likely possibilities, the 30 year mortgage would give you some flexibility to cover short term cash shortages by reverting to your normal 30 year payment for a month or two. Now, the financially wise may balk at this because you are supposed to have enough cash in reserves to cover stuff like this, and that is good advice. But how many people struggle to maintain those reserves when they buy a new house?  Consider putting together spreadsheet and calculating the interest cost difference between the two strategies. How much more will the 30 year mortgage cost you in interest if you pay it off in 15 years? That amount equates to the cost of an insurance policy for dealing with an occasional cash shortage. Do you want to pay thousands in extra interest for that insurance? (it is pretty pricey insurance) One strategy would be to go with the 30 year now, make the extra principal payments to keep you on a 15 year schedule, see how life goes, and refinance to a 15 year mortgage after a couple years if everything goes well and your cash reserves are strong. Unfortunately, rates are likely to rise over the next couple years, which makes this strategy less attractive. If at all possible, go with the 15 year so you lock in these near historic low rates. Consider buying less house or dropping back to the 30 year if you are worried that your cash reserves won't be able to handle life's little surprises."}
{"_id": "233473", "title": "", "text": "No. If McDonalds becomes liable for this sort of thing it means that it will have to cover its ass. That means basically taking over hr from the franchisees and directly supervise their day to day operations. Will McDonald's corporate pay for this? Hell no, the franchises will. This will render many of the franchises totally unprofitable and leave them with only one interested buyer, McDonald's corporate which can buy the franchises at firesale prices. Not that they want this, the model of actually owning your restaurants looks way shittier on a corporate balance sheet to investors."}
{"_id": "233479", "title": "", "text": "The sales manager and/or finance manager applied a rebate that did not apply.  It's their fault.  They have internal accounts to handle these situations as they do come up from time to time.  The deal is done.  They have no legal ground."}
{"_id": "233487", "title": "", "text": "The guarantor is the Government of Latvia, the fund is the means of executing that guarantee. Unless the government defaults, the guarantee is valid. See here: In accordance with amendments to the Deposit Guarantee Law adopted by   the Parliament of the Republic of Latvia (Saeima) as from December 16,   2010 compensation of EUR 100 000 (approx. LVL 70 000) is guaranteed to   the clients of the Latvian banks (both natural and legal persons) per   depositor per each bank (all accounts added together, if several   accounts at one bank in one name). The government guaranteed   compensation covers deposits, current account balance, salary   accounts, savings accounts etc. further down: In accordance with the Deposit Guarantee Law, in the occurrence of a   case of unavailability of deposits in the Fund for paying out the   guaranteed compensations, such payments shall be made from the   Government budget via FCMC."}
{"_id": "233489", "title": "", "text": "\"He entered into a contract to pay because he liked the payment methods offered He entered into a contract.  Full stop.  End of story. Therefore he is off the hook for repayment AND doesn't need to add a new method of payment Your friend needs to look at the contract (or better, have someone who actually understands contracts look at it for him). He needs to understand not what he thinks it says or what he wants it to say or whatever farcical interpretation of contract law he's talked himself into, but what it does in reality say.  Which, in every such contract I've ever seen, has never, ever, said \"\"you will pay in the manner you choose and if we choose not to accept it then gosh darn you win and get to live here for free!\"\". I suspect your friend is in for a lot more very bad outcomes in life if he thinks this is how contracts, and life in general, works.  :-)\""}
{"_id": "233497", "title": "", "text": "I agree so they should fix it.  And um... Is that what motivation looks like to you? Imo motivations implies people are doing things. Things are not happening.  Care to dispute the three fact based points I made in my last reply?"}
{"_id": "233535", "title": "", "text": "\"The first thing you should do is write a letter to the collection company telling them that you dispute all charges and demand, per section 809 of the Fair Debt Collection Practices Act, that they immediately validate and confirm any and all debts they allege you owe. You should further request that that they only communicate with you by mail. Section 809 requires them to examine the legal documents showing you allegedly owe a debt and they are required to send this to you. This all creates a useful paper trail. When you send the letter, be sure to send it as certified mail with a return receipt. From your description, it doesn't sound like this will do anything, but it's important you do it within 30 days of them contacting you. This is because the law allows them to assume the debt is valid if you don't do it within 30 days of their initial contact. I recommend you speak with an attorney. Most states have a statute of limitation on debt of about 4 or 5 years. I don't know if that applies to courts though. Whatever you do, be very careful of the language you use when speaking with them. Always refer to it as \"\"the alleged debt,\"\" or \"\"the debt you allege I owe.\"\" You don't want them misconstruing your words later on. As far as proving you paid it, I would look through every scrap of paper I'd ever touched looking for it. If that proves fruitless, try going to the courthouse and looking through their records. If they're saying you didn't pay, that's a long shot, but still worth a try. You could also try bank records from that time, like if you have a Visa statement showing $276.17 paid to the Nevada Court or something like that. If all else fails, the law allows you to send the collector a letter saying that you refuse to pay the debt. The collection company then legally must stop contacting you unless it's to tell you they are suing you or to tell you they won't contact you again. I strongly advise against this though. Your best bet is going to be speaking with a qualified attorney. Edit: You should also pull your credit reports to make sure this isn't being reported there. Federal law gives you the right to have a free copy of each of your credit reports once every year. If it is being reported, send a certified letter with return receipt to each bureau which is reporting it telling them you dispute the information. They then are required to confirm the information. If they can't confirm it, they must remove it. If they do confirm it, you are legally entitled to put a statement disputing the information next to it on your credit report. I am not an attorney. This is not legal advise. You should consult an attorney who is licensed to practice law in your particular jurisdiction.\""}
{"_id": "233543", "title": "", "text": "Here at Frozen Fish Direct, you can find the tastiest frozen fish today. We offer more than two hundred products from around the world. Because we buy them in bulk, our prices are always low and affordable. Furthermore, you can buy seafood from us even if they are off-season. Check out our available products today at https://www.frozenfishdirect.co.uk/."}
{"_id": "233544", "title": "", "text": "There is a reason - your credit score. If you ever take out a mortgage, you might pay dearly for your behavior. The bank where you have the credit card reports the amount on the bill to the credit rating agencies. If you pay before the bill date, they will always report zero. You should wait at least till the day after the billing cycle ends, and then pay off (you don't need to have the paper bill in your hands - you can see online when the cycle closed). Depending on your other financial behavior, this will have between zero and significant effect, on the percentages you get offered for car loans, mortgages, etc."}
{"_id": "233545", "title": "", "text": "This article is a great support for the Shangri-La diet. The author argues that your body has a target weight it wants to be at, and will stimulate you into maintaining that weight. He goes on to say that by consuming flavorless calories (one source given is extra light olive oil), you convince your body to reduce it's target weight, making it possible to eat less and not be hungry. I can vouch that following the extra light olive oil routine definitely makes you less hungry, but you still have to have the discipline to not eat when you're not hungry. One drawback is that you have to keep following the routine even after you lose weight. One interesting point is that the Shangri-La method worked really well for people with developmental disabilities."}
{"_id": "233546", "title": "", "text": "For some reason i always thought there were more women then men in this world. Turns out I was wrong so technically they are a minority : The value for the entire world population is 1.01 males/female, with 1.07 at birth, 1.06 for those under 15, 1.02 for those between 15 and 64, and 0.78 for those over 65.   Source : https://en.m.wikipedia.org/wiki/Human_sex_ratio"}
{"_id": "233561", "title": "", "text": "Look for people who have done business with them. If you don't know anyone who has used their services, look for a company that at least has a brick and mortar branch in your area. Being able to deal with them face to face is a must. Have you checked with your local bank?"}
{"_id": "233562", "title": "", "text": "\"the short answer: yes. The long answer depends on what you mean by modest living. As others have noted, living off a $300k principle involves risks, but the entire future has risk. By \"\"getting out of the rat race\"\" I hope you don't mean become a slug on the couch. Peruse mr. Money Mustache at https://www.mrmoneymustache.com/. One can live very frugally yet very well in some parts of the US.\""}
{"_id": "233568", "title": "", "text": "Fair value can mean many different things depending on the context. And it has nothing to do with the price at which your market order would be executed. For example if you buy market, you could get executed below 101 if there are hidden orders, at 101 if that sell order is large enough and it is still there when your order reaches the market, or at a higher price otherwise."}
{"_id": "233571", "title": "", "text": "\"Completely linear?  We don't do that. Our daughter has a fixed allowance, and we expect a certain amount of help around the house as being part of the family.  We don't make any explicit ties between the two, and we don't seem to have any problems. We bought an eBay lot of Polly Pockets and divided them up into $5 bags.  (This is a better deal that what we could get in the store new.)  Her allowance isn't enough that she can \"\"buy\"\" one every week. After sensing her frustration we gave her the opportunity to earn some more money by doing extra work.  It happened to be cleaning up after our dogs in the back yard, a chore we had neglected for quite a while.  She stuck with the job, and truly earned that money.  (She'll be six in January.)  What's more, it was a good deal for me.  It needed to be done, and I didn't really want to do it. :) So, for now this seems like a fair balance.  It prevents her from getting the idea that she won't work unless she gets paid, but she also knows that working harder does have its rewards. We still have time to teach her the idea of working smarter. (This isn't a formal study.  It's just my experience.)\""}
{"_id": "233574", "title": "", "text": "10,000 dollars more, on average, across 12million employees, bro. That adds up.  You consume and benefit from products made by corporations, and call them rent seekers.  I consume and benefit from public goods and services made by the government and call them rent seekers.  Whats the diff? What makes one person greedy for offering a product/service that many people want, and another person not at all greedy for straight up jacking money off my pay check before it ever reaches my hands?"}
{"_id": "233577", "title": "", "text": "The US does have a gold reserve. The main reserves are held at Fort Knox but there is even more gold, mostly owned by other countries, stored in the basement of the New York Federal Reserve Bank (Think Die Hard 3). The United States Bullion Depository, often known as Fort Knox, is a fortified vault building located adjacent to Fort Knox, Kentucky, used to store a large portion of United States official gold reserves and occasionally other precious items belonging or entrusted to the federal government. The United States Bullion Depository holds 4,578 metric tons (5046 tons) of gold bullion (147.2 million oz. troy). This is roughly 2.5% of all the gold ever refined throughout human history. Even so, the depository is second in the United States to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds 7,000 metric tons (7716 tons) of gold bullion (225.1 million oz. troy), some of it in trust for foreign nations, central banks and official international organizations. Source: Wikipedia"}
{"_id": "233592", "title": "", "text": "More likely I think consumers will just slowly get use to buying things increasingly online. I don't see a resurgence of brick and mortar retail happening anytime soon. Real estate is just too valuable and getting more expensive every day"}
{"_id": "233607", "title": "", "text": "Android has prime instant video since last month.   As a student I only pay $40/year so I can't complain about the price hike. I guess this will go up to $50 next year though... Still better than full price!"}
{"_id": "233609", "title": "", "text": "For any shop the biggest costs are not the product itself but associated costs. The quality, customer experience, decor, wages, rent, maintenance, tax.   https://2.bp.blogspot.com/-6brW7V2B470/UphyGQ9d3XI/AAAAAAAAMBw/JGJWd12XfHw/s1600/real_cost_coffee.png  &gt;* Perishable items are more costly than non-perishable.  &gt;* Some costs are incurred regardless of whether a product is sold. These are rent, wages, maintenance, perishables. Therefore selling more in a shorter space of time generates proportionately more profits.  Coffee beans are effectively non-perishable with how long they last. Milk is not. A good worker can turn beans+milk into coffee in seconds. You may buy multiple coffees per day, and for your friends. The coffee beans themselves cost ~10p but the price charge could be \u00a31 -\u00a35 depending on the shop.  Pizza is labour intensive. Takes more ingredients and longer in the oven (~20mins). You only really buy 1 pizza per person. It comes with a cost of ~\u00a35-\u00a318. Ingredients are generally perishable.  Ice Cream usually cant be made by a shop so it has to be shipped in. It is very perishable, leave it out of the freezer for ~30mins and its melted. Its not a real replacement for food or drink, so its optional."}
{"_id": "233633", "title": "", "text": "\"That's an interesting statement to make. A pretty even number of people complain about not being helped and being \"\"bombarded\"\" with \"\"pushy\"\" employees. Hourly employees won't be as aggressive about selling whatever the fuck they can, and commission employees are going to make sure they help you even if you don't ask.  Best buy also tries to promise \"\"impartial advice\"\" which I think can only be achieved through hourly employees.   My comment history might give away that I was (I still am but I used to too) a best buy employee, first in mobile, then Geek Squad. I can't speak for more than my store,  but 9/10 of the people I work with regularly go above and beyond to do the right thing, and make good recommendations, for the customer first. I went from the new guy to the top associate in mobile in less than a year, just by presenting my customers with all of their options and suggesting a solution based on the information they give me.    Best buys problem, in my opinion, are young managers and old employees.  Older employees in my experience, know less about the products, are less honest, and more aggressive salespeople. With management, best buy loves to push young managers who increase sales around to affect as many stores as possible, meaning a younger go-hard pushes to undo the customer service progress that a store may make.   I never looked best buy until I started working there. Call it Stockholm syndrome if you can't resist, but there's a reason they're still around. Mobile and Geek squad aren't going anywhere for sure, and there are other very profitable segments of the store as well. I don't think they're going anywhere soon.   Sorry for the rant\""}
{"_id": "233635", "title": "", "text": "\"As proposed: Buy 100 oz of gold at $1240 spot = -$124,000 Sell 1 Aug 2014 Future for $1256 = $125,600 Profit $1,600 Alternative Risk-Free Investment: 1 year CD @ 1% would earn $1240 on $124,000 investment. Rate from ads on www.bankrate.com \"\"Real\"\" Profit All you are really being paid for this trade is the difference between the  profit $1,600 and the opportunity for $1240 in risk free earnings.  That's only $360 or around 0.3%/year.   Pitfalls of trying to do this: Many retail futures brokers are set up for speculative traders and do not want to deal with customers selling contracts against delivery, or buying for delivery. If you are a trader you have to keep margin money on deposit.  This can be a T-note at some brokerages, but currently T-notes pay almost 0%.   If the price of gold rises and you are short a future in gold, then you need to deposit more margin money.  If gold went back up to $1500/oz, that could be $24,400.  If you need to borrow this money, the interest will eat into a very slim profit margin over the risk free rate.   Since you can't deliver, the trades have to be reversed.  Although futures trades have cheap commissions ~$5/trade, the bid/ask spread, even at 1 grid, is not so minimal.  Also there is often noisy jitter in the price.  The spot market in physical gold may have a higher bid/ask spread. You might be able to eliminate some of these issues by trading as a hedger or for delivery.  Good luck finding a broker to let you do this... but the issue here for gold is that you'd need to trade in depository receipts for gold that is acceptable for delivery, instead of trading physical gold.  To deliver physical gold it would likely have to be tested and certified, which costs money. By the time you've researched this, you'll either discover some more costs associated with it or could have spent your time making more money elsewhere.\""}
{"_id": "233648", "title": "", "text": "\"That local batch of strawberries wasn't created in a lab. [The seafood standards](http://www.wholefoodsmarket.com/sustainable-seafood) WF maintains were not designed to \"\"fleece\"\" me, as much as you want to believe that. I'm willing to pay a bit more for food I can trace back to its origins, and I'm GLAD someone has figured out how to get me food that is as close to unprocessed and unpolluted as possible. I also shop the sales -- it's entirely possible to shop healthy, local and cheap at Whole Foods -- and the foods I buy are actually more affordable at WF than they would be at a different chain.  [But let's talk \"\"lab created,\"\" shall we?](https://www.google.com/search?q=Food+manufacturing+and+mouthfeel&amp;oq=Food+manufacturing+and+mouthfeel&amp;aqs=chrome..69i57.11916j0j7&amp;sourceid=chrome&amp;ie=UTF-8) Do you know that the poultry you buy at traditional grocery stores has been injected with salt+sugar water to plump it up so that you pay more for it? Ever notice how a \"\"croissant\"\" from an Albertson's \"\"bakery\"\" counter disintegrates in your mouth before you can chew it up? Do the foods from the salad bar have that metallic sulfite flavor?  You know that Snickers bars were literally designed so that you swallow the bite in your mouth before fully experiencing/chewing it, right? [The idea is that](http://www.nytimes.com/2013/02/24/magazine/the-extraordinary-science-of-junk-food.html?mcubz=0) you swallow sooner, emptying your mouth faster -- the exact opposite of \"\"satisfying,\"\" so that you'll eat and finish it faster. The design causes you to start swallowing and it \"\"pulls\"\" the rest of the food down your throat.   I'd much rather someone figure out in a (marketing) lab that I want to know the source of a green pepper or the origin of a 6oz freshly cut pork chop -- vs [figure out in a lab how to trick me](https://ww2.kqed.org/bayareabites/2016/09/14/sugar-shocked-the-rest-of-food-industry-pays-for-lots-of-research-too/) into thinking I'm eating 6oz pork chop when I'm eating 4.5oz of bleached, injected meat from a factory farm.  WF is entirely justified in charging me a little bit more because it actually is selling me better food. THAT is the benefit. No one is making you shop there. Spend your money on cheap food so you can buy more games or live in a bigger house. I'm not shitting on you for that, and I'm tired of people's mis-informed prejudice against WF.  Edit: added links\""}
{"_id": "233681", "title": "", "text": "Are you looking buyers for cash to sell your property? If the answer is affirmative, then it is a good option to seek house buyers in Florida. Making a decision of selling a house is really a big decision. It becomes very important for the seller to take the necessary steps to make sure they are obtaining the best results."}
{"_id": "233687", "title": "", "text": "Okay, [it's not perfectly steady, but the upward trend is clear](http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&amp;s=8_NA_8DO_NUS_4&amp;f=A). I suspect the sharp drop at the start of 2006 was due to Hurricanes Katrina and Rita, and the drop in 2010 was the recession really kicking in for the broader economy.  &gt;This seems contrary to price trends of gasoline. I'm trying to understand it without automatically jumping to speculators on the commodities market.  There's more to the price of gasoline than the amount of refinery capacity available. [Gasoline prices](http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&amp;s=EER_EPMRU_PF4_Y35NY_DPG&amp;f=D) mostly track [crude oil prices](http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&amp;s=RBRTE&amp;f=D). Crude oil is up because growth in demand is faster than growth in supply. No speculators needed."}
{"_id": "233702", "title": "", "text": "Can I apply for limited company now, while fully time employed, and not take any business until I get a contract? Some employment contracts may include non-compete clauses or similar which expressly forbid you engaging in other employment or becoming self-employed while simultaneously working for your current employer. You may want to check this out before making any moves to register as a limited company. You may forfeit long-term benefits (such as a pension) you have built up at your present employer if they catch wind of a conflict of interest. As noted in an earlier answer, the setup process for a limited company is extremely simple in the UK, so there is no reason you need to take these steps in advance of leaving your current employment. During my resignation period scout for contracts... Should I wait weeks before actually deciding to search for contracts? Depending on the type of IT work you intend to be contracting for, you may find yourself shut out from major work if you are not VAT registered. It is a requirement to register for VAT when you breach certain earnings limits (see HMRC's website) but you can voluntarily register with HMRC before these limits if you wish. Being VAT registered increases your bookkeeping and oversight requirements, which makes you appear more attractive to larger enterprises / corporations than a non-VAT registered firm. It also suggests some degree of stability and a plan to stick around for the long haul. This might be a catch-22 situation - if you want to get noticed and land the sizable contracts, you will almost certainly require a VAT registration regardless of your overall yearly earnings. It would be advisable to engage the services of a professional advisor before becoming VAT registered, but this and the subsequent professional advice you may require for putting in VAT claims may not be a fee you wish to pay upfront if you are only attracting a small volume of work."}
{"_id": "233717", "title": "", "text": "I do the same thing with my 401k (100% S&P 500). My strategy is to check it weekly.  If the S&P falls by 10%-20% (based on risk tolerance, currently mine is 19%). I'll move all of it out into cash until I see 3-consecutive months of gains, then I'll get back in. I don't have a lot of time to manage my investments, and this was the simplest strategy I've come up with so far.  It served me very well in the 2008 crash. I got out around 120 and returned to the S&P on 2009-06-29 around 90."}
{"_id": "233718", "title": "", "text": "The fiat currency is the basis for currency markets - that is, currency that is not made of precious metals.   The factors that influence what the value of a fiat currency are the state of the country's economy, what the gov't says the value should be, their fiscal policies, as well as what the currency is trading at.   And what the currency is trading at is a product of these factors as well as the typical factors which would affect any stock trading.  eHow has a great outline, here, which describes them."}
{"_id": "233719", "title": "", "text": "Sadly, the Executive and BOD cashed-in on this a long time ago. History tells us that any claw-backs that the courts seek will represent just a tiny fraction of the overall gains taken in by the scam.   Equally sad, any further fines and penalties levied against WF will be taken out of the hides of the lowest level investors and employees."}
{"_id": "233720", "title": "", "text": "It is not at all clear to me (and a lot of users) that Microsoft made the right tradeoffs. There is zero reason to hide things away in corners on desktops and laptops like we do on phones (which have a dedicated home button to take you to a known place). Throw in two different set of IE bookmarks etc, I don't think Microsoft was even trying. Add the love for windows brand to the point a casual user can't keep track of what it represents, a bad reception of all things windows was the most predictable outcome."}
{"_id": "233732", "title": "", "text": "One possibility would be to invest in a crude oil ETF (or maybe technically they're an ETP), which should be easily accessible through any stock trading platform.  In theory, the value of these investments is directly tied to the oil price.  There's a list of such ETFs and some comments here.  But see also here about some of the problems with such things in practice, and some other products aiming to avoid those issues.  Personally I find the idea of putting all my savings into such a vehicle absolutely horrifying; I wouldn't contemplate having more than a small percentage of a much more well diversified portfolio invested in something like that myself, and IMHO it's a completely unsuitable investment for a novice investor.  I strongly suggest you read up on topics like portfolio construction and asset allocation (nice introductory article here and here, although maybe UK oriented; US SEC has some dry info here) before proceeding further and putting your savings at risk."}
{"_id": "233741", "title": "", "text": "I see your point and I agree with your ideology, but, this is afterall /r/finance, and the record labels are undoubtedly shareholder value -wise much better off just the way they are operating. why allow the market become fragmented by supporting new disruptive players if you can rake it all home in a monopolistic market."}
{"_id": "233751", "title": "", "text": "If you are just starting out, I would say there is no disadvantage to using a personal card for business expenses. In fact, the advantage of doing so is that the consumer protections are better on personal cards than on business cards.  One possible advantage to business credit cards, is that many (but not all) will not show up on your personal credit report unless you default. This might help with average age of accounts if you have a thin credit file, but otherwise it won't make much difference. Issuers also expect higher charge volumes on business cards, so as your business grows might question a lot of heavy charges on a personal card. Whether this would ever happen is speculation, but it's worth being aware of it."}
{"_id": "233765", "title": "", "text": "\"Should and would are two different things, that's why I said \"\"it will be interesting to see if they would do it\"\", and I never assumed anyone *here* would be against that.  IMO there's nothing unreasonable about applying the same standards to all hate groups.\""}
{"_id": "233771", "title": "", "text": "i have lots of friends overseas who go hiking out in jungles. i basically get to see their findings on deforestation and conversion of biodiverse jungle to oil palm plantations on a daily basis and its just depressing. but the only solution to this i can think of is population decrease or collapse to eliminate the demand. hundred million year old bidiversity wiped out extremely rapidly. species of gingers and ant plants and orchids and all sorts of beautiful alien looking flowers and plants with fantastic patterns on their leaves wiped out. animals like pangolins and tarsiers drowned out of their habitat as they turn valley into water reservoirs. id prefer 3/4ths of us were killed off than wiping out the earth's biodiversity."}
{"_id": "233781", "title": "", "text": "\"That's accurate.  Here is another risk with the current checking system, which many people are not aware of: Anyone who knows your checking account number can learn what your balance in that account is.  (This is bank-specific, but it is possible at the major banks I've checked.) How does that work?  Many banks have a phone line where you can dial up and interact with an automated voice response system, for various customer service tasks.  One of the options is something like \"\"merchant check verification\"\".  That option is intended to help a merchant who receives a check to verify whether the person writing the check has enough money in their account for the check to clear.  If you select that option in the phone tree, it will prompt you to enter in the account number on the check and the amount of the check, and then it will respond by telling you either \"\"there are currently sufficient funds in the account to cash this check\"\" or \"\"there are not sufficient funds; this check would bounce\"\". Here's how you can abuse this system to learn how much someone has in their bank account, if you know their account number.  You call up and check whether they've enough money to cash a $10,000 check (note that you don't actually have to have a check for $10,000 in your hands; you just need to know the account number).  If the system says \"\"nope, it'd bounce\"\", then you call again and try $5,000.  If the system says \"\"yup, sufficient funds for a $5,000 check\"\", then you try $7,500.  If it says \"\"nope, not enough for that\"\", you try $6,250.  Etcetera.  At each step, you narrow the range of possible account balances by a factor of two.  Consequently, after about a dozen or so steps, you will likely know their balance to within a few dollars.  (Computer scientists know this procedure by the name \"\"binary search\"\".  The rest of us may recognize it as akin to a game of \"\"20 questions\"\".) If this bothers you, you may be able to protect your self by calling up your bank and asking them how to prevent it.  When I talked to my bank (Bank of America), they told me they could put a fraud alert flag on your account, which would disable the merchant check verification service for my account.  It does mean that I have to provide a 3-digit PIN any time I phone up my bank, but that's fine with me. I realize many folks may terribly not be concerned about revealing their bank account balance, so in the grand scheme of things, this risk may be relatively minor.  However, I thought I'd document it here for others to be aware of.\""}
{"_id": "233792", "title": "", "text": "There's a lot more cost in wages than just the hourly wage itself.  As you got taxes that is split between the employer and employee.  You also have general overhead costs (ie paperwork).  If they are full time employees you then have the costs of benefits as well in there."}
{"_id": "233794", "title": "", "text": "\"It's going to be quite a challenge to give a definitive answer to any \"\"Why\"\" question about law, and especially so for a question about tax law. One would need to try to dig up statements made by the legislators (and/or their aides) crafting and debating the law. As it is, tax law is already inconsistent in many ways. (Why are there people who can't contribute to a Roth IRA directly but can contribute to a Traditional and then immediately convert it to Roth? Why are maximum limits for 401(k) plans and IRAs separate rather than being one combined \"\"retirement\"\" savings maximum?) In the absence of some specific legislative statements saying that it was set up this way for some specific purpose, one must assume that it was written with the some goals as all tax law: As a compromise between various ideas, trying to accomplish some specific purpose. Feel free to add in some level of inefficiency and it being hard to completely understand the entirely of the tax law, which leads to things perhaps not being as \"\"tidy\"\" as one might hope for. But there's no reason to think that the people crafting the tax advantages for HSA plans had any reason to use 401(k) plans as a template, or wanted them to accomplish the same goals.\""}
{"_id": "233795", "title": "", "text": "A second mortgage is a loan taken out on your house while you still have another mortgage secured by your house. They are a secured loan as they use the borrower\u2019s home as security. Some advantages of Second Mortgages: Some important points to consider when you take a second mortgage If you stop making payments, your lender will be able to take your home through foreclosure, which can cause serious problems for you and your family. Second mortgages can be expensive. You\u2019ll need to pay numerous costs for things like credit checks, appraisals, origination fees, and more. The mortgage rates are typically lower than credit card interest rates, but they\u2019re often slightly higher than your first loan\u2019s rate."}
{"_id": "233802", "title": "", "text": "Obviously a bad title, we have far too many micro corporations for that to be true. If it were a lot of people in the middle class would be kicking ass right now and I'm not seeing it. (not all ceos make millions or even much more than median wage)  &gt;In the largest survey of it's kind out of 2,647 large corporations, The smallest ceo pay increase seen was 27% and increased by a by a median of 36.47%  A more accurate title for you."}
{"_id": "233805", "title": "", "text": "\"Borrowing to invest is almost always a bad idea.  You'd have to take out an unsecured loan, which has a higher interest rate, or a secured loan and put at risk whatever you are securing the loan with. You need some means to make payments on the loan, or if interest is being added to the balance then take the compounding effect into account with regards to the cost of the money and how much you will really end up owning. In order to come out ahead you need to 'invest' in something that will yield a return that is higher than the cost of borrowing the money, such high yields always come with higher risk, meaning that you will actually GET that return is less and less of a sure thing.. so now you are talking about the 'chance' to make money, Or a chance your 'investment' could fail, perhaps badly.  Meaning you could well do nothing but end up in debt with little to nothing to show for it. If someone claims to have a 'sure thing' and is encouraging you to borrow money to invest in it, I'd be checking their back for a fin and remembering the lyrics \"\"when the shark bites ... scarlet billows start to spread\"\"\""}
{"_id": "233821", "title": "", "text": "I consider speculation to be a security purchase where the point is to sell it to someone for a higher price.  Day-trading is completely speculative. I consider Investment to be a purchase you make for its underlying value. You are buying it at that price because you believe the present value of the future payments is higher than the price you are paying. I may sell an investment if a higher price is offered than I think it's worth, or if the business situation changes, but I don't plan on it.   Hedging is a third type of security purchase, where you are decreasing your overall risk.  If you are a hog farmer, selling hog futures on the CME is hedging, because it locks in the amount you get per hog, regardless of what the price of hogs does. Commodities markets only have hedgers and speculators.  Investors don't make sense, it doesn't have an underlying value."}
{"_id": "233824", "title": "", "text": "They went into effect when the FCC was created, 1934. To be fair, these regulations do need to be overhauled and rewritten for the technology of today and of the future. That doesn't mean a vote against net neutrality, as protecting it will require an overhaul as well."}
{"_id": "233836", "title": "", "text": "Contact the lien holder (the bank) and they'll have a procedure for you. Usually, you complete the transaction at the bank after agreeing on the purchase price: you will cut a check to the bank to pay off the loan, and then write a second check to the seller for whatever extra amount should go to him. The bank will handle the paperwork for transferring the title of the car to your name. Obviously, under no circumstances should you give all the money to the seller in the hopes that he pays off the loan. You need to follow the lender's procedures because they hold the title to the car and must be the ones to transfer it to you. Banks do this type of transaction all the time. Just call them and ask about how to proceed."}
{"_id": "233871", "title": "", "text": "Everything else can be held inside or outside your registered account depending on your investment or tax needs"}
{"_id": "233877", "title": "", "text": "Yes, PayPal allows you to add a donate button to your website. You're responsible for any tax record-keeping related to income from the donate button."}
{"_id": "233892", "title": "", "text": "If you are now in a better position to pay your debts, the wise move for your long-term credit is to consolidate any high-interest debt that remains and pay it off as quickly as possible. This may not be possible depending on your situation, but one way to get such consolidation loans is to have a parent with good credit cosign as guarantor on the consolidation loan. The only way your credit will recover is if you establish a good history of payments over the next seven years. Frankly I wouldn't cosign a loan with a family member who made the same decisions you have made, because I wouldn't want to put my own credit at risk, but I might loan the money directly, which would ease the pain for that family member, but it wouldn't help their credit going forward. This may not be a popular opinion, but without any details, it's hard for me to agree that any of your creditors are being greedy when they threaten a judgment. They loaned you the money in good faith, and now you are attempting to negotiate a change of terms.  Are they greedy because the interest rates are too high? Maybe you were a bad risk when they loaned the money and the rates reflected the risk of losing some portion of the money. The fact that you are trying to discharge some portion of that debt vindicates any high rates charged."}
{"_id": "233894", "title": "", "text": "I think you're dancing with the line here, this question is hard to back up without opinions and could really be three different questions. I'm going to push aside the part about quality and reliability, that could be an emotional subject. So from a price standpoint, there's virtually no disagrement that it makes financial sense to buy a used car instead of a new car. The majority of new cars lose the majority of  their resale value within the first year or two. If you purchase said car after someone else has used it for the first two years, you just avoided all of that depreciation yourself, and you're still going to be purchasing a perfectly reliable car as long as you are diligent in the buying process."}
{"_id": "233897", "title": "", "text": "&gt; Is it legal to do this? What if it's a shareholder, lets say, a 20% owner of a company who has their own real estate business as their primary focus, but get most of their income from a set hourly wage from the company they partly own, plus dividends?  To elaborate on this, let's say that the person in question is never involved in the business in any way shape or form except that they own a % share.. They get paid $40 per hour as a W2 employee, plus dividends, yet they contribute to nothing. I guess it's more of an ethics question, but if that's illegal please let me know. :)"}
{"_id": "233916", "title": "", "text": "considering the 60s was the 'golden age' of advertising, it's clearly a generational thing. in my experience millennials despise deceit / take particular issue with being lied to.  besides, who needs advertising in the age of consumer reports / reviews?"}
{"_id": "233922", "title": "", "text": "\"The standard double-entry approach would just be to create a Liability account for the loan, and then make a transfer from that account to your Asset (Savings) account when the loan proceeds are distributed to you. After that point, the loan doesn't \"\"belong\"\" to your Savings account in any way. Each account and transaction is tracked separately. So, you might for instance pay that loan back with a transfer from your Checking account, even though the initial disbursement arrived into your Savings account. In order to see how much of a loan you have remaining, you need to look at the loan's Liability account to see what transactions occurred in it and what its remaining balance is. It sounds like what you're really trying to accomplish is the idea of  \"\"earmarking\"\" or \"\"putting into an envelope\"\" certain assets for certain purposes. This kind of budgeting isn't really something that Gnucash excels at. It does have some budget features, but there's more about being able to see how actual expenses are to expected expenses for a reporting period, not about being able to ask \"\"How much 'discretionary' assets do I have left before I start hitting my 'emergency fund'\"\". The closest you get is splitting up your asset accounts into subaccounts as you suggest, in which case you can \"\"allocate\"\" funds for your specific purposes and make transfers between them as needed. That can work well enough depending on your exact goals, though it can sometimes make it a little trickier to reconcile with your actual bank statements. But there's not really an accounting reason to associate the \"\"emergency fund\"\" portion of your assets with the remaining balance of your loan; though there's nothing stopping you from doing so if that's what you're trying to do. Accounting answers questions like \"\"How much have I spent on X in the past?\"\" and \"\"How much do I own right now?\"\". If you want to ask \"\"How much am I allowed to spend on X right now?\"\" or \"\"Am I likely to run out of money soon?\"\", you may want a budgeting tool rather than an accounting tool.\""}
{"_id": "233949", "title": "", "text": "&gt; Some employees are even openly unhappy with the company\u2019s willingness to work with the Trump administration.  LOL!!!!! Yes, it's a good idea for a company to go into political partisanship and not support the president and his administration.  Who cares what more than half of Americans prefer?"}
{"_id": "233954", "title": "", "text": "It's a good saving account from the persepective of usability. Easy to open, easy to manage, and free at least in Italy. Anyway be aware that in 2008 you would not probably have been so happy to know that your saving were in bank that was close to go banckrupcy. On October/19/2008 the Ducth government had to inject 10 billions euro into ING Group to save it from a probable collapse. At least the CEO Michel Tilmant was fired, and also 7000 poor employees was cutted off. After that, it seems they just went on selling themslevs in pieces in order to restructure source: http://en.wikipedia.org/wiki/ING_Group#History But they also partially repaid the Dutch goverment and now their rating is around A, so it seems to be a safe place to put your saving for now."}
{"_id": "233956", "title": "", "text": "Anybody who feels Whole Foods quality is not about to **immediately** take a huge, enormous crash, is in complete denial. Amazon didn't buy the produce section of the dollar store, they bought a big name in **quality**. Now, they must immediately run that name into the ground. Sure, people who used to produce shop at Walmart will see this as a step up in quality, but cutting costs will come long before raising prices, and those costs are not just *shipping.*"}
{"_id": "233986", "title": "", "text": "I don't have hard data on this, but I seem to recall something else going along concurrently with Quinn's term.  I think it was referred to as a 'great recession'.  Receipts for 2009 and 2010 were less than 2008, but by 2011 had begun to claw back.  Sales tax took a bit longer.     That said, I completely agree."}
{"_id": "233988", "title": "", "text": "A common (and important) measure of a stock's value is the price/earnings ratio, so an increase in earnings will normally cause the stock price to increase. However, the price of the stock is based on a guess of the value of the company some time (6 months?) in the future. So an increase in earnings today probably makes a higher earnings more likely in the future, and puts upward pressure on the price of the stock. There are a lot of other factors in stock prices, such as publicity, dividends, revenue, trends, company stability, and company history. Earnings is a very important factor, but not the only factor determine the value (and so stock price) of a company."}
{"_id": "233997", "title": "", "text": "Make sure your handling the legal side of things. At your age, at least in the US usually, your parents are the one responsible for things like contracts and such. You can't legally get into contracts on your own and if your going to go into business, even at your age, a contract of work should be a must."}
{"_id": "234002", "title": "", "text": "\"By definition, there are no guaranteed profits. There are sometimes arbitrage opportunities, which are more accessible to some investors than others. In this case, I'm not referring to HFT as that is covered elsewhere on this site already.  At certain times, in certain equity markets, candlestick charts were used for profitable trading, though more for trades set up for weeks or months, not day trading. I am referring specifically to Nikkei 225 equities, in the 1980's and 1990's. I don't know why it was effective, and it hasn't worked for me since then. I recommend reading and heeding this answer. Some people DO use technical analysis (see \"\"TA is not...\"\" section) as a primary trading strategy, but they are not going to divulge their methods, not here nor anywhere else.\""}
{"_id": "234013", "title": "", "text": "I record the games, and start in them about an hour or so in.  I FF through the commercials and slow parts, and typically finish the recording a few minutes ahead of watching the recording.  That way I see the game before the smarties go on about the results and highlights."}
{"_id": "234029", "title": "", "text": "I'm going to reply to myself because why not... but seriously, it's almost a couple months away from 10 years from the time the fed opened up the discount window.    10 years after the financial crisis of 1907, the Great War was almost finished...   10 years after the deflation of 1920, the market has morphed into something completely different and the Great Depression had already started.   A little less than 10 years after the crash of of 1929, the world had completely changed, the US looked completely different, and Germany invaded Poland.   10 years after the cuban missile crises, America was winding down the Vietnam war.  What do you think of America during those two periods? I think of almost 2 different types of people.    Volcker was in charge of the fed for less the ten years. The fed before and afterwards was completely different.  And now I look at the US today vs the US when the fed opened the discount window in 2007, and it's basically the exact same.  Idk maybe it's just me."}
{"_id": "234030", "title": "", "text": "First of all, do not let your balance carry over and build interest - always pay off the balance at the end of the month.   Second, do not buy more than you could afford if you were using a Debit Card or Cash - make purchases you know you can afford.   As for where to use your credit card, in practical terms if you're following the two statements above to the letter, anywhere you would be able to use a Debit Card you can use your Credit Card instead - it doesn't have a huge impact on your credit score, but it does give you a credit identity at the very least.   The real benefits of using a Credit Card are:"}
{"_id": "234039", "title": "", "text": "Assuming you have no new cash to add to your account as gyurisc has suggested, I wouldn't sweat the small amounts \u2013 it doesn't hurt to have a little cash sit idle, even if you want to theoretically be fully invested (the wisdom of doing that, or not, perhaps worthy of another question :-) If you try too hard to invest the small amounts frequently, you're likely to get killed on fees.  My strategy (if you could call it that) is to simply let small amounts accumulate until there's enough to buy more shares without paying too much commission. For instance, I don't like fees to be more than 1% of the shares purchased, so with a $10 commission per trade, I prefer to make minimum $1000 purchases. I used to roll small amounts of cash into a no-load money market fund I could buy without commission, and then purchase shares when I hit the threshold, but even putting the cash in a money market fund isn't worth the hassle today with rates of return from money market funds being close to zero."}
{"_id": "234040", "title": "", "text": "\"Think about the implications if the world worked as your question implies that it \"\"should\"\":  A $15 share of stock would return you (at least) $15 after 3 months, plus another $15 after 6 months, plus another after 9 and 12 months.  This would have returned to you $60 over the year that you owned it (plus you still own the share).  Only then would the stock be worth buying?  Anything less than $60 would be too little to be worth bothering about for $15? Such a thing would indeed be worth buying, but you won't find golden-egg laying stocks like that on the stock market.  Why?  Because other people would outbid your measly $15 in order to get this $60-a-year producing stock (in fact, they would bid many hundreds of dollars).  Since other people bid more, you can't find such a deal available. (Of course, there are the points others have brought up: the earnings per share are yearly, not quarterly, unless otherwise noted.  The earnings may not be sent to you at all, or only a small part, but you would gain much of their value because the company should be worth about that much more by keeping the earnings.)\""}
{"_id": "234045", "title": "", "text": "\"Queso is the word for \"\"cheese\"\" in Spanish, so it's not too surprising that you'd get a plate of cheese. They were giving you exactly what you asked for!  It's like going to Italy and asking for a \"\"latte\"\" and getting a glass of milk.\""}
{"_id": "234048", "title": "", "text": "&gt;But that's basically what the military is. One big jobs program    The military is one of those peculiar government expenses where, under ideal circumstances (peace), is a waste of societal resources, but in the worse case scenario (being attacked by a foreign power), is an absolute necessity.  The US military in particular, is well known for having more spent on it than all of our closest economic competitors combined, albeit with reports that it might not be spent very efficiently. It could be reduced quite a lot without endangering US territorial safety at all, although I'm sure a few well-connected arms manufacturers would complain.  Even aside from that, however, I was thinking mainly about the sheer amount of money involved in Quantitative Easing (QE). The big banks received at least hundreds of billions, if not trillions, multiple times. But without increasing economic demand, there is no reason for existing businesses to look for loans, so all that money didn't have anywhere to go except for the increasingly complex financial games that the banks play with each other.  Imagine if all that money had simply been used to hire people to work. That's economic stimulus right at the bottom of the socioeconomic ladder. Those people are much more likely to spend on real things that will create an economic demand."}
{"_id": "234062", "title": "", "text": "Are you looking to book a corporate comedian for your next important business meeting or convention? If so, you will see that you have a lot of options out there as far as hiring someone to perform for you at your event. Just like any other kind of corporate event you plan, hiring a corporate comedian is a process. A process that entails you to consider a lot of factors before making that all important hire. Look at these factors as a checklist, a list for you to work down and make sure you have all of your bases covered to insure a quality event in every way. Let\u2019s take a look at some of these essentials to booking a corporate comedian."}
{"_id": "234070", "title": "", "text": "It's more nuanced. He must have performed exceptionally well for 3G to make him CFO. He must have done really well at Goldman to move on to 3G. He probably did well at school to go to Princeton.  But all of that is just a bit easier if you can go to a super nice prep school, have money for tutors, GMAT coaches, etc, and have parents that also went to Princeton or wherever.   Yea, he's probably way more competent than the posters in this thread, but so are a lot of people who don't come close to that level of success (especially at 29) because they weren't born in the 0.1%"}
{"_id": "234071", "title": "", "text": "You need 2 things One a Demat Account and second a Broker Account. If you need to trade online, then an agreement [Power of Attorney] between Your Saving Bank Account, the Demat Account and the Trading Account. So there are quite a few forms that need signature and proof of identify. Physical presence is required."}
{"_id": "234077", "title": "", "text": "Actually, it would be freaking awesome!  (1) People would stop arguing about earth being 10000 years old. That dispute has been settled decades ago in most of the civilized world.  (2) Funding of science and medical research would go through the roof. Funding of idiotic wars would go down. You are not going to die from a terrorist attack, you are going to die from cancer. If we were to spend as much $$ on science as we do on miliary, that problem would have been long gone.  (3) Government would be done based on hard numbers rather than BS statements by former exterminators who somehow made their way to congress.  (4) We would be on the way to solving global warming problem.  (5) My local bookstore would have had a bigger science section than religion section. That same story would not have Bible audiobook in non-fiction section. What's sad, I am not living in Deep South. I live in Seattle.  I could go on and on and on and on...."}
{"_id": "234079", "title": "", "text": "Steel building kits are economical choice for building construction for various reasons. The overall cost of steel is less than the other materials. Plus, less is more when it comes to steel. You do not need a bulk of steel for construction of building. This can save you lot of money. The steel building itself come in a reasonable price range and is ideal for small and large businesses and even for general residential construction needs."}
{"_id": "234083", "title": "", "text": "Selecting the right soccer ball according to size and construction of the ball is very much important. The premium cheap soccer balls is based on the cost and selecting the right synthetic leather ball as the synthetic leather ball is very much expensive other then the basic rubber ball. As using a leather ball can able to hut the player when the ball get wet and it become much slower to play the game."}
{"_id": "234100", "title": "", "text": "&gt; Taxes were much higher in the period immediately following the Second World War which is widely considered one of the most productive and stable periods of US economic history.  Nations around the world got bombed to shit during WW2, and when the war's over the US still has all its factories intact and got busy exporting equipment around the globe making hand over fist.  Even high taxes couldn't stop the might of the American Industrial Juggernaut.  However the situation today is much different."}
{"_id": "234103", "title": "", "text": "Well on a levered fund it makes a lot of sense.  If you lose 10% on day one and you are 2x levered you just lost 20%.  Now on the next day if it corrects 10% you are still down because you've gone up 20% of a lesser amount then you went down by.  Then even worse with oil or commodity funds they are forced to roll their futures since they don't want to take delivery, which allows them to be picked off by traders.  This is referred to as levered ETF decay.  If you do trade levered funds it should be on an intraday basis, and then you're dealing with serious transaction costs."}
{"_id": "234114", "title": "", "text": "\"Aside from the fundamental points brought up in other answers (which is important), there are a number of choices when it comes to budgeting software. Software like this can help you organize fixed reoccurring costs (rent and phone) as well as variable costs (food and events). Mint is probably the most popular, but just search \"\"budgeting software\"\" to get an idea of what's out there. Some can also help you visualize your spending with reports and dashboards. Some help out with paying bills on a schedule (this may help avoiding late payments). Some even link up with your bank/credit card accounts.\""}
{"_id": "234115", "title": "", "text": "You can buy the exchange traded fund ETFS WTI Crude Oil (CRUD), amongst other ETFS products. http://funds.ft.com/uk/Tearsheet/Summary?s=CRUD:LSE:USD Note these funds do not 'jump' when the crude oil futures contracts are in contango (e.g. June contract is priced higher than May) and the futures roll-over, as they do monthly.  When this happens the EFTS continues with no movement.  Currently May is $52.85 and June is $54.15 (so in contango).  LSE:CRUD is $13.40 and if the crude oil futures rolled-over it would carry straight on at that value.  For this reason one should be cautious buying and holding LSE:CRUD longterm."}
{"_id": "234120", "title": "", "text": "It started with the Clinton Administration proclaiming that every American should own a house, but then those on Wall Street and others in the government colluded to find a way to profit off that move. The Bush Administration ignored and even pushed investigations away.  Of course it is much more complicated than that, but you get the general idea.  tl;dr: VI Lenin - Look at who profits and ..."}
{"_id": "234137", "title": "", "text": "So...  &gt;caused Samsung to earn only half as much per pixel on its production compared to previous models  ...but the resolution is what, 4x as dense, so still twice as much? Or even if it's double, it's still the same overall. Seems like a weird measure of profitability. Wouldn't you measure profitability by overall display unit volume?"}
{"_id": "234139", "title": "", "text": "I would not want to be Sprint or T-Mobile right now. You can't merge, you can't get funding to buy spectrum. It is a whole host of pain.   Look at the [spectrum deficit](http://i.kinja-img.com/gawker-media/image/upload/s--6IjuqZjH--/c_fit,fl_progressive,q_80,w_636/18ky96u2tk3edjpg.jpg) between these guys.  Lower level spectrum 700-900mhz is around 3-4 times more useful than the higher frequency for coverage (making the signal go far and through walls). This is a big deal for 2 reasons:  1. The less towers you have to build, the cheaper it is (less capex and opex for sites + decreased operational complexity) AND the quicker you can roll out the network (first mover adv). [EDIT: This only applies to coverage situations i.e. along highways, and in rural regions. Coverage is important because even those who don't travel that much consider it highly as a key purchasing factor]  2. The less accurate you have to be with the network planning. Imagine you have a big circle that you can place on a town, vs having to use 3 equivalent circles. The planners can get the number of towers wrong and/or the location of the towers.  In the long term; Sprint and T-Mobile are going to be pushed into being high-city only Telcos, less profitable in general (IMO)."}
{"_id": "234145", "title": "", "text": "\"I think you hit the nail on the head.  If the stock price is sky high, all else being equal (again this is put off as an ordinary assumption, but is a pretty damn big one... as you can't even just look at PE to help, as there might be a high growth rate etc/other circumstances... but I digress), you would be better off issuing stock.  As the stock price goes lower, (aebe) it becomes less attractive to issue equity.  Even if you have a case in 2, it might make sense to go for 1, and then potentially issue debt in the future to fund a buyback (when the stock is lower).  But this is all dependant on what the company thinks it will be willing to do.  One of the major considerations would be the tax situation, as equity is \"\"after tax\"\", and debt is \"\"before tax\"\", as they say.\""}
{"_id": "234148", "title": "", "text": "The answer: don't use your actual card number. Some banks offer virtual credit card numbers (services like Apple Pay are functionally the same). Bank of America's virtual cards work like this: The virtual card number is different from your actual card number, so the merchant never sees your real card number. In fact, the merchant cannot even tell that you are using a virtual card. You can set the maximum amount to be charged. You can set the expiration date from 2 to 12 months. Once the merchant has made a charge on that virtual card, only THAT MERCHANT can make any further charges on that same virtual card. It is not possible to discover the real card number from the virtual card number. So the result is that your risk is reduced to the merchant not delivering the order, or charging too much (but not over the limit you set). There is nothing to be stolen since your real info never goes over the internet, and once a merchant has used the virtual card once, no other merchant can use it. Other banks may have virtual cards which have fewer features. The only DISadvantage of this is that you have to go to the bank's website whenever you want to make a purchase from a new merchant. But you don't have to worry about them stealing your real credit card information."}
{"_id": "234161", "title": "", "text": "The most likely reason for this is that the relocation company wants to have a guaranteed sale so as to get a new mortgage in the new location.  Understand that the relocation company generally works for a prospective employer.  So they are trying to make the process as painless as possible for the homeowner (who is probably getting hired as a professional, either a manager or someone like an engineer or accountant).   If the sale is guaranteed to go through regardless of any problems, then it is easy for them to arrange a new mortgage.  In fact, they may bridge the gap by securing the initial financing and making the downpayment, then use the payout from the house you are buying to buy out their position.  That puts them on the hook for a bunch of money (a downpayment on a house) while they're waiting on the house you're purchasing to close.   This does not necessarily mean that there is anything wrong with the house.  The relocation company would only know about something wrong if the owner had disclosed it.  They don't really care about the house they're selling.  Their job is to make the transition easy.  With a relocation company, it is more likely that they are simply in a hurry and want to avoid a busted purchase.  If this sale fails to go through for any reason, they have to start over.  That could make the employment change fall through.   This is a variation of a no contingencies sale.  Sellers like no contingencies sales because they are easier.  Buyers dislike them because their protections are weaker.  But some buyers will offer them because they get better prices that way.  In particular, house flippers will do this frequently so as to get the house for less money than they might otherwise pay.  This is better than a pure no contingencies sale, as they are agreeing to the repairs.   This is a reasonable excuse to not proceed with the transaction.  If this makes you so uncomfortable that you'd rather continue looking, that's fine.  However, it also gives you a bit of leverage, as it means that they are motivated to close this transaction quickly.  You can consider any of the following:   Or you can do some combination of those or something else entirely that makes you fell more secure.  If you do decide to move forward with any version of this provision, get a real estate lawyer to draft the agreement.  Also, insist on disclosure of any previous failed sales and the reason for the failure before signing the agreement.  The lawyer can make that request in such a way as to get a truthful response.   And again, in case you missed it when I said this earlier.  You can say no and simply refuse to move forward with such a provision.  You may not get the house, but you'll save a certain amount of worry.  If you do move forward, you should be sure that you are getting a good deal.  They're asking for special provisions; they should bear the cost of that.  Either your current deal is already good (and it may be) or you should make them adjust until it is."}
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{"_id": "234182", "title": "", "text": "You take that risk. There  are a ton of restaurants that pose a higher health risk. Use your own judgement. You can usually tell how cleanly someone is by the tiny things. One of my things is if they have a cat that jumps on the counters I\u2019m not eating your food. If it smells like a cat lives there I\u2019m not eating your food. If your finger nails are dirty I\u2019m not eating your food. There are a lot more of these rules I have but those are just examples."}
{"_id": "234189", "title": "", "text": "try Assist.ru"}
{"_id": "234196", "title": "", "text": "I was thinking that. However, again sorry for the novice questions. Would I be better off getting a manager for the area, or just finding employees willing to work/contact me on a daily basis and I would manage from a different state? I mean the former would make sense to me but what do I know, never owned a business before."}
{"_id": "234205", "title": "", "text": "It depends on a couple of things.  One is your age -- if you're recently out of college that's totally fine; if you've been a professional for a long time then you may want to go a bit more formal.  It also depends on the kind of investment firm and how client-facing the role / firm is.  For example, I used to be at a firm where interviewing in shorts and a t-shirt would've been completely acceptable but I wouldn't suggest that at a white-shoe bank."}
{"_id": "234245", "title": "", "text": "That is a really short sighted way of looking at costs. I've known some higher up's for major major tech firms that fly first class everywhere and they get burnt out. I can't imagine making someone fly coach. I know I'd quit."}
{"_id": "234247", "title": "", "text": "It's got every sign of a scam. Signatures are needed on contracts, so you should only place them on below one. Free money sounds too good to be true. Money evading banks is a typical sign of money laundering; why are they trying to avoid paper trails? The normal way to gift money is to just hand it over or pay it to a bank account. If anything, you sign a tax declaration, but you would send that to the taxman yourself."}
{"_id": "234255", "title": "", "text": "I tried this, wanted to talk to a product team about a customer problem. I was ignored. Called it out on my monthly report that quickly went up the chain of command and cascaded back down to them, they act surprised saying they never heard about it, no shit Sherlock, your team ignored me."}
{"_id": "234258", "title": "", "text": "Hey, sorry man, I didn't mean to come off as so argumentative. This is clearly an issue that rustles a lot of jimmies. Thanks for the article, I'll read it over.  I used to work in HFT and the people I worked with were some of the brightest people I know and the work was extremely fulfilling, so I have a bit of an emotional soft spot for it that can cloud my debate skills. It's clearly not as one sided as I believe but I encourage you to keep learning as I am. *Dark Pools* by Scott Paterson is another book that while it leans towards Michael Lewis' position, I found it to be a much more historically accurate account based on what I've learned from people in industry, you should check it out!"}
{"_id": "234260", "title": "", "text": "\"Charge less money.  That's the only thing.  What that really means is negotiating lower ticket prices with venues, not removing fees.  People don't realize that Ticketmaster's business model is shielding venues from public ire, not adding arbitrary amounts to tickets for the minor service of buying online, a service everyone knows costs very little to perform.  The arbitrary fees mostly go back to the venue per their agreement, however, they're divided out as \"\"admin fees\"\" and \"\"processing fees\"\" and \"\"convenience fees\"\" charged by Ticketmaster so that Ticketmaster eats the blowback instead of the venue charging exorbitant prices.\""}
{"_id": "234261", "title": "", "text": "\"Serious, what a stupid bitch. That was a reasonable policy to have. You can't just say there's a life threatening situation and then go \"\"oh, nevermind\"\" when you change your mind when you don't get what you want. This woman should apologize for wasting everyone else's time\""}
{"_id": "234279", "title": "", "text": "All of the above mentioned items might appreciate in value (gold, wine, art). However your house is still the only asset that can appreciate TAX-FREE (no capital gains tax to pay when you sell your principal residence)."}
{"_id": "234286", "title": "", "text": "\"If you are investing in a mortgage strictly to avoid taxes, the answer is \"\"pay cash now.\"\"  A mortgage buys you flexibility, but at the cost of long term security, and in most cases, an overall decrease in wealth too.  At a very basic level, I have to ask anyone why they would pay a bank a dollar in order to avoid paying the government 28 - 36 cents depending on your tax rate. After all, one can only deduct interest- not principal. Interest is like rent, it accrues strictly to the lender, not equity. In theory the recipient should be irrelevant. If you have a need to stiff the government, go ahead. Just realize you making a banker three times as happy.  Additionally the peace of mind that comes from having a house that no banker can take away from you is, at least for me, compelling. If I have a $300,000 house with no mortgage, no payments, etc. I feel quite safe. Even if my money is tied up in equity, if a serious situation came along (say a huge doctors bill) I always have the option of a reverse mortgage later on. So, to directly counter other claims, yes, I'd rather have $300k in equity then $50k in equity and $225k in liquid assets. (Did you notice that the total net worth is $25k less? And that's even before one considers the cash flow implication of a continuing mortgage.  I have no mortgage, and I'm 41. I have a lot of net worth, but the thing that I really like is that I have a roof over my head that no on e can take away from me, and sufficient savings to weather most crises).  That said, a mortgage is not about total cost. It is about cash flow. To the extent that a mortgage makes your cash flow situation better, it provides a benefit- just not one that is quantifiable in dollars and cents. Rather, it is a risk/reward situation. By taking a mortgage even when you have the cash, you pay a premium (the interest rate) in order to have your funds available when you need it.  A very simple strategy to calculate and/or minimize this risk would be to invest the funds in another investment. If your rate of return exceeds the interest rate minus any tax preference (e.g. 4% minus say a 25% deduction = 3%), your money is better off there, obviously. And, indeed, when interest rates are only 4%, it may may be possible to find that. That said, in most instances, a CD or an inflation protected bond or so won't give you that rate of return. There, you'd need to look at stocks- slightly more risky. When interest rates are back to normal- say 5 or 6%, it gets even harder.  If you could, however, find a better return than the effective interest rate, it makes the most sense to do that investment, hold it as a hedge to pay off the mortgage (see, you get your security back if you decide not to work!), and pocket the difference. If you can't do that, your only real reason to hold the cash should be the cash flow situation.\""}
{"_id": "234312", "title": "", "text": "Situationally, deregulating things is shown to help. Uber broke the artificial markets for Taxis and both consumers and employees have benefitted. The reason why certain industries are regulated vary.   1. To foster and grow the industry.  2. To prevent monopolies from forming 3. For safety and consumer protection.   If we heavily deregulated the healthcare industry, prices would definitely fall but malpractice would rise.   On the otherhand, if we deregulated the insurance industry and broke the regional monopolies that exist, it would help the consumer without changing much (besides the profitability of insurance companies).   Its very situational."}
{"_id": "234345", "title": "", "text": "Go to [the source](http://www.nantworks.com/press-files/Launch-of-the-nations-fastest-genomic-supercomputing-platform-reduces-cancer-genome-analysis-from-months-to-seconds-one-patient-every-47-seconds.pdf)! Well, it's just a press release, but:  &gt; In July 2012, NantWorks\u2019 scientific team (Five3 Genomics \u2013 http://www.Five3Genomics.com) collected 6,017 tumor and germline exomes, representing 3,022 cancer patients with 19 unique cancer types. The sample collection included: 999 breast cancer; 1,156 kidney and bladder cancer; 985 gastrointestinal cancer; 744 brain cancer; 745 lung cancer; 670 ovarian, uterine, and cervical cancer; 436 head and neck cancer; 177 prostate cancer; 70 melanoma cancer; and 35 blood tumor samples.  &gt; This massive amount of data totaled 96,512 gigabytes and was successfully transferred and processed via our supercomputing, high-speed fiber network in 69 hours. This overall transfer speed represents a stream of one sample every 17.4 seconds, and the supercomputer analysis for genetic and protein alterations between the tumor and normal sample completed every 47 seconds per patient.   Interesting but only tangentially related videos [here](http://www.nantworks.com/nanthealth)."}
{"_id": "234361", "title": "", "text": "If the price has gone up from what it was when the person bought, he may sell to collect his profit and spend the money. If someone intends to keep his money in the market, the trick is that you don't know when the price of a given stock will peak. If you could tell the future, sure, you'd buy when the stock was at its lowest point, just before it started up, and then sell at the highest point, just before it started down. But no one knows for sure what those points are. If a stockholder really KNOWS that demand is increasing and the price WILL go up, sure, it would be foolish to sell. But you can never KNOW that. (Or if you have some way that you do know that, please call me and share your knowledge.)"}
{"_id": "234381", "title": "", "text": "&gt; Now, maybe that's the sort of stuff that happens every year and people get by regardless, but still.  Yup. It's strange bumper crops almost never make the news. Probably because there's no suffering, gloom and doom the media can milk for headlines."}
{"_id": "234383", "title": "", "text": "Instead of purchasing computing power from an existing company, they created their own. Got so good at it they began offering their services to other companies. Same strategy being applied here I predict. Start building shipping capacity for themselves then begin offering those services to other companies when they excel at it."}
{"_id": "234405", "title": "", "text": "It would depend how the simulation is run.  Is all of your revenue coming through A/R?  Is none of it being paid until the end of the credit term?  Are they simulating disruptions in revenue streams?  If it's simulating daily then cash flows can be all over the place depending on who pays when.  In a real business if you set credit terms of net 30 you will find some people pay you the day after you send them the invoice, some pay on a certain day of the month,  some wait until day 30, some wait until you call them, and a few don't pay at all.  They tend to simplify this in the classroom to longer intervals (months) and just have everyone pay you timely minus some allowance for bad debt.    If that's the case, then whatever interval they have you on I would just assume you get paid ~95% of the A/R due over that term."}
{"_id": "234411", "title": "", "text": "So this is the only reason, I would consider it.  I mean, it's gonna take years to get the car, but I wonder if it would be worth it to get in the queue now.  Do you find the autopilot handy in heavy traffic?  I mean like even jammed commute traffic."}
{"_id": "234436", "title": "", "text": "Another thing to consider, however, is the deductibility of business expenses.  Let's assume that the employer can legitimately hire you as a 1099 contractor.  (Would you be able to telecommute? Would you have a high degree of control over when you worked and when you didn't?  These factors also affect whether you're a true independent 1099 contractor or not.)  As a legit 1099 contractor, you're able to deduct certain business expenses directly from your income. (You can find a list of the rules at irs.gov.)  As a W2 employee, by contrast, can deduct only business expenses that exceed 2% of the your AGI (adjusted gross income).  So, you also have to consider your personal circumstances in making the calculus and comparing whether a legitimate 1099 contractor job is or is not good for you.  It's not just a comparison of what they'd pay W2 employees versus what they'd pay 1099 contractors."}
{"_id": "234445", "title": "", "text": "My girlfriend works at The Honest Company and I've been very impressed with many aspects of the company since she started earlier this year. Our entire home is stocked with Honest products and I disagree with the other redditor who said the products suck. While I do feel like some of the cleaners may not be as powerful as the other more potent chemical based products, many of their products are great. We have just started using their new shave oil and I'm not sure if I will ever want to use shaving cream again! The soap bars are great for showering too. Other than the products, the office space is incredible and Jessica is very much involved with the operations of the business. It is an open work environment and Jessica is seated at a desk right in the middle of everyone. I'm predicting the Honest Company will do big things."}
{"_id": "234452", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-forex-idUSKBN19L04P) reduced by 73%. (I'm a bot) ***** &gt; NEW YORK The U.S. dollar recovered slightly on Friday, but posted its biggest quarterly decline against a basket of rival currencies in nearly seven years after hawkish signals from foreign central banks this week pressured the greenback further.  &gt; The U.S. dollar index, which measures the greenback against a basket of six major currencies, declined about 4.6.DXY percent for the second quarter to mark its steepest quarterly percentage drop since the third quarter of 2010.  &gt; The dollar fell against the Canadian dollar and was last at C$1.2971 after touching a nearly 10-month low of C$1.2948 earlier.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6krjbv/the_us_dollar_recovered_slightly_on_friday_but/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157298 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **dollar**^#1 **percent**^#2 **against**^#3 **euro**^#4 **Bank**^#5\""}
{"_id": "234459", "title": "", "text": "If you think logically about strategic fit, I'm sure you can come up with tons of plausible M&amp;As. Amazon and Whole Foods clearly makes sense. Would I have thought about it alone? Probably not, but in hindsight it is a good strategic move by Amazon."}
{"_id": "234461", "title": "", "text": "At our store, you can shop turkish tea pot, cafe pot, steamer, frying pan, casserole, copper and olive wood utensils. All these products are uniquely designed with the usage of highest quality materials and available at cost effective rates."}
{"_id": "234465", "title": "", "text": "In practice momentum and trend following are two different ideas, albeit similar and often ocurr simultaneously.  I don\u2019t know if the book makes a clear disctinction between the two but keep this in mind:  1) Momentum trading is a trade where prices are increasing/decreasing and an increasing rate usually confirmed by heavy volume.  Like you said, this can often be at the top of a bubble or nearing a bottom of a crash but not necessarily.  It may also occur when trend trading is violated (switching directions or a new trend emerging)  2) Trend following is a trade where one could draw a disctinct linear line in a chart (up or down at some angle).  Being able to draw a line into the future would be your projected \u2018trend\u2019 target.  You could buy now and say \u201cthe trend is up, in 365 days the S&amp;P 500 will trade at 2,based on the trend we\u2019ve seen in the past year"}
{"_id": "234472", "title": "", "text": "Why is someone transferring you 10 million USD? This is definitely a scam. If it isn't, then depending on why the money is transferred, taxes would be around 3 to 5.5 million dollar."}
{"_id": "234475", "title": "", "text": "Well, considering the US barely buys any Saudi oil...anywhere in the US is usually a good assumption.  Of course that completely ignores the global nature of oil prices and why you don't actually have to buy from them for them to benefit from the demand in the US."}
{"_id": "234480", "title": "", "text": "Because they are totally dishonest, and the only way people at the bottom can make money, is by bringing more people on board. There has to be a lowest tier who always lose a lot of money.  Elegant ponzi schemes exist today, dressed up as all sorts of shabby products and services."}
{"_id": "234488", "title": "", "text": "Depending on the country, nothing.  For example, the US has about $1.3 trillion dollars of cash in circulation.  Which means that if you were to burn a million dollars of it, that would be 0.000077% of  the circulating cash.  But cash is a small portion of the actual money in the US.  Only about 8% of all money is in cash, the rest is in other forms of value, which means that you'd only be destroying 0.0000062% of the US's money if you burned a full $1,000,000."}
{"_id": "234506", "title": "", "text": "Turukawa's answer is quite good, and for your own specific situation, you might begin by being sceptical about what you are getting for investing a few thousand dollars.  With the exception of Paul Graham's Y-Combinator, there are very few opportunities to invest at that type of level, and Y-Combinator provides a lot of other assistance besides their modest initial investment.   I can tell from your post that you think like an investor.  It is highly unlikely that the entrepreneurial programmers that you will be backing will be wired that way.   From the modest amount that you are investing, you are unlikely to be the lead investor in this opportunity.  If you are interested in proceeding, simply stick along for the ride, examining the terms and documents that more significant investors will be demanding.  Remain positive and supportive, but simply wait to sign on the dotted line until others have done the heavy lifting. For more insights into startups themselves, see Paul Graham's essays at www.paulgraham.com.  He's the real deal, and his recent essays will provide you with current insights about software startups. Good luck."}
{"_id": "234510", "title": "", "text": "\"TL;DR: Get a tax adviser (EA/CPA licensed in your State) for tax issues, and a lawyer for the Operating Agreement, labor law and contract related issues. Some things are not suitable for DIY unless you know exactly what you're doing. We both do freelance work currently just through our personal names.   What kind of taxes are we looking into paying into the business   (besides setup of everything) compared to being a self proprietor?   (I'm seeing that the general answer is no, as long as income is <200k,   but not certain). Unless you decide to have your LLC taxed as a corporation, there's no change in taxes. LLC, by default, is a pass-through entity and all income will flow to your respective tax returns. From tax perspective, the LLC will be treated as a partnership. It will file form 1065 to report its income, and allocate the income to the members/partners on schedules K-1 which will be given to you. You'll use the numbers on the K-1 to transfer income allocated to you to your tax returns and pay taxes on that. Being out of state, will she incur more taxes from the money being now   filtered through the business? Your employee couldn't care less about your tax problems. She will continue receiving the same salary whether you are a sole proprietor or a LLC, or Corporatoin. What kind of forms are we looking into needing/providing when   switching to a LLC from freelance work? Normally we just get 1099's,   what would that be now? Your contract counterparts couldn't care less about your tax problems. Unless you are a corporation, people who pay you more than $600 a year must file a 1099. Since you'll be a partnership, you'll need to provide the partnership EIN instead of your own SSN, but that's the only difference. Are LLC's required to pay taxes 4 times per year? We would definitely   get an accountant for things, but being as this is side work, there   will be times where we choose to not take on clients, which could   cause multiple months of no income. Obviously we would save for when   we need to pay taxes, but is there a magic number that says \"\"you must   now pay four times per year\"\". Unless you choose to tax your LLC as a corporation, LLC will pay no taxes. You will need to make sure you have enough withholding to cover for the additional income, or pay the quarterly estimates. The magic number is $1000. If your withholding+estimates is $1000 less than what your tax liability is, you'll be penalized, unless the total withholding+estimates is more than 100% of your prior year tax liability (or 110%, depending on the amounts). The LLC would be 50% 50%, but that work would not always be that. We   will be taking on smaller project through the company, so there will   be times where one of us could potentially be making more money. Are   we setting ourselves up for disaster if one is payed more than the   other while still having equal ownership? Partnerships can be very flexible, and equity split doesn't have to be the same as income, loss or assets split. But, you'll need to have a lawyer draft your operational agreement which will define all these splits and who gets how much in what case. Make sure to cover as much as possible in that agreement in order to avoid problems later.\""}
{"_id": "234525", "title": "", "text": "Decorative Balustrades are ideally suited for residential buildings where the aesthetics greatly matter.In premises where safety is a concern steel balustrades are better equipped to address these issues. Swimming pool fencing, railings for staircases and balconies can be fabricated out of aluminium. With coloured powder coating to match the building's exterior, aluminium balustrades are the perfect choice for every home.Several service providers offer top quality and low maintenance Balcony Railings."}
{"_id": "234540", "title": "", "text": "Would I be taxed at my personal income tax rate upon withdrawal of the   funds for this loan from my professionally managed, balanced 401k (not   Roth funds)? Yes. This is a regular distribution. Why wouldn't you be taxed? What's gifting has to do with anything? If taxable, this would move me to the next higher tax bracket. Depending on your other income - it may, or may not. Whether or not taxable when pulling funds out of the investment   account, when I'm repaid, do I owe Federal tax only on the interest   income portion of repayment funds or on the lump sum & interest   received (all of which which would return to my retirement account in   lump)? Only interest. And you will not return it to your retirement account. Not in a lump and not in installments and not in any other way."}
{"_id": "234542", "title": "", "text": "\"I'll take a stab at it. If you're not passionate about big ideas, about markets and companies and economies, if you can't read up on finance, companies, economies and markets for hours a day, for most of your free time for the next few years, if you're really just attracted by the \"\"money\"\" and notoriety, you should stick to engineering.   There's space for non-financial majors in finance anyway... Focus elsewhere for a while, and if finance still appeals to you in five years, consider it then.   (I have a non-financial background. I realized I liked it when I realized every time I had one question answered, five more came up, and this happened over and over... And still does, after four years. I could still leave finance, however... You never know where your path will take you.)\""}
{"_id": "234545", "title": "", "text": "Many of live streaming services providers available in the market but for selecting one of the best you need to focus on some points that later on help you in hiring.  These points is just about the time that minimize the travelling cost and increases the productivity."}
{"_id": "234546", "title": "", "text": "What is the problem? That some people have more money than others?   Rather than caring about the really rich, which you shouldn't because they can take care of themselves, lets focus on the really poor, which you should care about since they need your help.   The poverty rate in the US is 13.5% and is at its lowest point since 2008."}
{"_id": "234561", "title": "", "text": "\"&gt; Sounds good?  Sure, as long as the proper checks and balances have been applied and I also have the freedom to leave the country.  &gt; The social contract you're referring to only applies for...  That's your opinion and the Supreme Court's interpretation of the Constitution disagrees with you.  Regardless, I reject the idea that the government outlined in the Constitution is somehow \"\"correct\"\".  That is an [argument from authority](https://en.wikipedia.org/wiki/Argument_from_authority) but the authority is 240 years out of date.  We need to change it to reflect the realities of a modern society.  &gt; Redistribution of wealth IS violent interference by other individuals.  This statement assumes that the natural distribution of wealth in a capitalist system is somehow \"\"correct\"\".  That is arguably false.  Have you ever played a game of Monopoly to conclusion?  &gt; I'm certain he will spin in his grave.  Then let's not consider ways to make our society better in fear of upsetting a dead philosopher.\""}
{"_id": "234565", "title": "", "text": "Don't buy a house as an investment; buy it if/because it's the housing you want to live in. Don't improve a house as an investment; improve it if/because that makes it more comfortable for you to live in it. It's a minor miracle when a home improvement pays back anything close to what it cost you, unless there are specific things that really need to be done (or undone), or its design has serious cosmetic or functional issues that might drive away potential buyers. A bit of websearching will find you much more realistic estimates of typical/average payback on home improvements. Remember that contractors are tempted to overestimate this. (The contractor I've used, who seems to be fairly trustworthy, doesn't report much more than 60% for any of the common renovations. And yes, that's really 60%, not 160%.)"}
{"_id": "234577", "title": "", "text": "\"&gt;I have never heard that phrase before. Thanks for posting that.   You're welcome.  It was (once upon a time) a commonly understood \"\"meme\"\".  Sadly in recent decades we have \"\"lost\"\" (ignored? set aside?) a lot of collected human wisdom that was passed down via such stories &amp; parables (and regardless of whether the \"\"original\"\" was a REAL historical incident, the lesson via analogy can still be applicable and thus \"\"true\"\").  &gt;It fits perfectly in this situation  Alas, yes it does.  Even worse, politicians are in many senses \"\"selling\"\" not only their constituents collective \"\"birthrights\"\" but are (in some cases) making them (and their children, even the unborn) into proverbial indentured slaves.\""}
{"_id": "234585", "title": "", "text": "RealConnect is a unique independent real estate company which connects residential &amp; commercial\u00a0property owners &amp; investors to real estate agents and property managers. We operate Australia wide &amp; have registered agents waiting to offer their services from most areas across the country. We have a keen passion to create an easy to use, low cost system to benefit everyone dealing in the real estate industry. We aim to increase profits for property owners as well as real estate agents by lowering the business expenses for the agents and allowing them to offer the same service to property owners for less."}
{"_id": "234587", "title": "", "text": "NRE FD : Apply to open a NRE FD Account online in India with HDFC Bank. HDFC Bank offers attractive tax-free interest on your savings. Check out the features, benefits, Interest rates &amp; Eligibility criteria at HDFC Bank and Open a NRE Fixed Deposit Account now."}
{"_id": "234605", "title": "", "text": "\"The \"\"retail\"\" label is the investor grouping for the fund, not a reference to the retail industry (the other ones are \"\"retirement\"\" \"\"premier\"\" \"\"institutional\"\").  It's unrelated to their investment strategy, which is a broad real estate strategy under which retail REITs make up about 13% of the fund.\""}
{"_id": "234615", "title": "", "text": "I've talked to several very experienced accountants that deal with startup shares, stock 83(b)'s, etc. weekly (based in SF, CA) as this issue would have had a massive impact on me.  The most important part of filing an 83(b) is notifying the IRS within 30 days. The law requires the written notification within the 30 day window. Adding it to that years tax return is an IRS procedure. Forgetting to include a copy of that years tax return is apparently a common occurrence when no tax was owed (0 spread, you actually paid the FMV). And the accepted method to resolve this is to simply file a blank amendment for that years return and include the copy of the 83(b) election."}
{"_id": "234616", "title": "", "text": "\"Yes, and the reason for that is because things that are above the market (eg regulators, politicians et al) manipulate it constantly.  I think personally the market is still a price discovery mechanism, the rules of the game have just changed. I.e. risk now has taken on additional dimensions, so a lot of conventional theories of asset pricing can effectively be chucked out the window.   Whether we ever see the return to a more \"\"econ\"\"-driven reality in market expectations (and by that extent therefore asset pricing) is anyone's guess, for now bye-bye to the established light-touch framework of decades past, hello to interventionist randomness.\""}
{"_id": "234623", "title": "", "text": "The answer, for me, has to do with compounding. That drop in price post-ex-div is not compounded. But if you reinvest your dividends back into the stock then you buy on those post-ex-div dips in price and your money is compounded because those shares you just bought will, themselves, yeald dividends next quarter.  Also, with my broker, I reinvest the dividend incurring no commission. My broker has a feature to reinvest dividends automatically and he charges no commission on those buys. Edit:I forgot to mention that you do not incurr the loss from a drop in price until you sell the security. If you do not sell post-ex-div then you have no loss. As long as the dividend remains the same (or increases) then the theoretical ROI on that security goes up. The drop in price is actually to your benefit because you are able to acquire more shares with the money you just received in the dividend  So the price coming down post-ex-div is a good thing (if you buy and hold)."}
{"_id": "234632", "title": "", "text": "Short answer: No. Some of those 'automatic' payments you've agreed to (presumably by signing a PAD form) are initiated in batch by the company whom you're buying from (phone company, cable company etc). So no, the bank has no indication from one day to the next what is coming through.  And the request goes from say, your cable company to THEIR merchant bank to YOUR bank. Typically you have a monthly bill date which is fixed, and they should have terms established when it is due.  If a payment comes back NSF they can retry once - but only for the same amount and I believe it is 14 days from the initial payment attempt.  It makes it predictable, and you'd figure banks would clue in and start to predict for you when things may come out - but strictly speaking your bank doesn't know when or how much."}
{"_id": "234633", "title": "", "text": "200 years ago, in 1817, in certain free countries, I would try to come with solutions and products that did not exist.  For example, in 1817, I would invent the zipper for pants.  If I was not such a genius and inventor, I would go to college and be one of the few with a B.A. or B.Sc degree. **Back then, a bachelor degree in any subject would guarantee you a great position in a great company with great income and stability.** (Today, such degrees are worthless - even a Masters degree is nothing much). I would then use my position to get good contacts and start my own business, preferably trading with goods coming from a foreign country."}
{"_id": "234637", "title": "", "text": "Can you say a little more about how you want to use your new skills? For instance, machine learning to help make picks? Then I think the answer would be python. But if you\u2019re thinking you\u2019d like to write high speed trading algorithms, that\u2019d be something else."}
{"_id": "234640", "title": "", "text": "I would say that the three most important skills are: Note that some costs are hidden. So, for example, a mutual fund investing in other countries than where you live in may mean the investment target country charges a certain percentage of dividends going to the mutual fund. The mutual fund company doesn't usually want to tell you this. There may be clever financial instruments (derivatives) that can be used to avoid this, but they are not without their problems. If you diversify into equities at low cost, you will have a very wealthy future. I would recommend you to compare two options: ...and pick from these options the cheaper one. If your time has a high value, and you wish to take this value into account, I would say it is almost always far better option to choose an index fund. Whatever you do, don't pay for active management! It is a mathematical truth that before costs, actively managed investments will yield the same return than indexed investments. However, the costs are higher in active management, so you will have less total return. Don't believe that good historical return would imply good future return. However, if for some reason you see an index fund that continuously loses to the index more than by the amount of stated costs, beware!"}
{"_id": "234674", "title": "", "text": "It will affect Greeks as any bankruptcy affects the bankrupt. They already started reducing their welfare policies and government hand-outs. Default would mean that the government isn't able to meet its obligations. It's not only the external obligations, it's also the internal obligations - pensions, social security benefits, healthcare, public services, military (and the Greeks are in constant confrontation with the neighboring Turkey, with several armed conflicts throughout the years) - all that will get hit. Yes, they will get affected much more, definitely."}
{"_id": "234680", "title": "", "text": "Copyrights and patents are inventions of the state meant to encourage producers to create works that benefit society *not* ensure the benefits of proceeding generations and their scions. You can't own an and occupy an idea like you can land or gold and to create a system that rewards the production of ideas takes resources to support and thus can such guarantees be sustained for a finite amount of time and not in perpetuity."}
{"_id": "234689", "title": "", "text": "Absolutely  https://www.google.com.au/amp/s/www.theverge.com/platform/amp/2016/12/30/14128870/foxconn-robots-automation-apple-iphone-china-manufacturing  https://www.google.com.au/amp/m.scmp.com/tech/china-tech/article/2084740/manufacturing-automation-drive-chinas-robotics-spending-us59b-2020%3famp=1  But what\u2019s interesting about China is that if automation leads to large loss of jobs (ie:social unrest) the government will intervene.  We may strangely see China as the leader and innovator in new social contracts between government &amp; society over the coming decades rather than western countries."}
{"_id": "234697", "title": "", "text": "OP, where did you get those percentages? Your post got me interested and the only article I could find was [this one](http://iphone.appleinsider.com/articles/17/01/20/report-claims-apple-music-pays-more-to-record-labels-in-royalties-per-stream-than-spotify), which actually indicates that Apple pays more than Spotify. Would be interested in reading more, if you could pass it along."}
{"_id": "234709", "title": "", "text": "It's also a function of location.  Let's use an example of where I live in Eastern Tennessee and a skilled HVAC Tech with two years of tech school certifications.  The starting pay locally to me is roughly $15/hr but if you move 100-200 miles away you find starting pay jumps to $22/hr. With minor cost of living increases. Certainly not $7/hr worth of CoL.  Companies locally are simply preying upon a small skilled labor force they hope cannot afford to move."}
{"_id": "234713", "title": "", "text": "there is now a large body of evidence to support the persistence of neurocognitive impairment lasting from hours to weeks. It is important to note that in repeated studies, subjects who reported a marijuana \u201chigh\u201d were most likely or most profoundly affected by the drug. This supports the link between THC concentration and neurocognitive dysfunction. Residual effects, however, continued in subjects who no longer felt the drug's effect. Thus, subjective return to baseline mental status may not ensure full return of neurocognitive function.58  https://www.ncbi.nlm.nih.gov/pubmed/12427880  Considerable research into the functional psychomotor and judgment effects of marijuana smoking has been conducted in the context of transportation safety. Research demonstrates that acute cannabis consumption is associated with an increased risk of a motor vehicle crash, and especially for fatal collisions.59   https://www.ncbi.nlm.nih.gov/pubmed/22323502"}
{"_id": "234727", "title": "", "text": "I shop at Sears because of the enormous section of hardware parts.  You can find almost any bolt,screw,connector, etc for any DIY project.  Nothing online compares to being able to go to the hardware section only with an idea and piecing it together with the parts at hand.  Also, I'm 35."}
{"_id": "234731", "title": "", "text": "When they started implementing safety procedures for stopping people from getting sick probably about two years ago now I want to say. When their stock was tanking and the ecoli outbreaks were happening. Yep, that\u2019s why I get chicken now. It doesn\u2019t taste like \u201csteak\u201d it taste like bland boiled beef that\u2019s thrown on a grill, cause that\u2019s what it is"}
{"_id": "234738", "title": "", "text": "So how does that work when you're past retirement age? Do you just keep paying huger and huger sums for insurance, or are you covered by your pension plan (if you have one)?  Or do Medicare and Medicaid cover everything (i.e. you don't have to pay)? In which case if you move to Latin America, you could get stuck with a big medical bill, but not if you stay in the States?"}
{"_id": "234743", "title": "", "text": "1) I don't give a goddam about what Romney said. That's not what *I'm* talking about, and I have no interest in defending or attacking it. You brought up Romney, no one else is talking about him.  2) The state is just as able to make or take *your* personhood as it is a corporations. That blade cuts every direction, remember. Of course corporations are only imbued with personhood (which they aren't, really, it's not like they can vote) because the state says they are. No one said otherwise.   3) &gt;my personal expenses such as food, car maintenance, rent, etc were not tax deductible  They most certainly would be if you had your business in your home, discussed business at every meal, and used your car for work.  Turns out, a corporation uses the things it owns for business, and thus gets to deduct them as business expenses.  It's also possible for businesses to have expenses that are not deductible. Entertainment expenses, for example, are not deductible."}
{"_id": "234747", "title": "", "text": "Lower fees are always better, everything else equal. A lower fee makes your transaction overall a better deal, all else equal.  Other transactions costs (like the SEC fee on sales) are mostly the same across brokers and there is unlikely to be any difference in execution quality either.  When comparing brokers be sure to consider the other issues: To me, most of these are minor issues.  For that reason, I'd say let transaction cost be your guide. I hear a lot of talk about the quality of the interface.  If you just want to buy or sell a stock, they are all pretty easy.  Some brokers have better tools for monitoring the market or looking at technical indicators, if you are into that."}
{"_id": "234772", "title": "", "text": "What bank, and is there restrictions on the trades? (i.e. they only go through once a week?)  I do light medium term trading - maybe 5-10 trades per quarter - and would love to be able to cut out the fees."}
{"_id": "234790", "title": "", "text": "i accidently deleted my comment, but like I said, random forests are hardly black box.   Please see here: https://stats.stackexchange.com/questions/21152/obtaining-knowledge-from-a-random-forest  Random forests are not black box, and like I said in the comment I deleted, the variables have weights and metrics that can be traced back. This example in the link uses the other method of random forests which is decision tree, opposed to the Lin Reg."}
{"_id": "234815", "title": "", "text": "Because they found their scapegoat.  They will parade and flog him while all his former coworkers are able to hide in his shadow.  He will be the public spectacle to show that the government is being tough on banks and CEO's, while they do nothing about the revolving door between finance and government he waltzed back and forth through."}
{"_id": "234816", "title": "", "text": "It allows companies a time after which they can count the vouchers as part of profit in order to balance their books and also minimize internal fraud that could happen using the vouchers. If they didn't have an expiry date it becomes impossible to reconcile the voucher account as they can still possibly be used in future or may not be used. What do you count that as? If they have an expiry date, when the date passes you can count them as money coming in because they have been paid for though have not been used."}
{"_id": "234822", "title": "", "text": "Millionaires, by definition of being millionaires (having a million dollars), save more money than the poor.  That means more of the unemployment check will go to savings rather than being spent in the economy.  Which means that it will not stimulate the economy as much if given to a millionaire.  The whole point of unemployment is that it gets spent into the economy immediately, and that is why it is one of the most effective forms of stimulus.  The money would not be spent on the economy immediately if it were given to a millionaire.  &gt;You want to withhold unemployment insurance from rich people because you don't think they are worthy.  Tell me where I said that."}
{"_id": "234834", "title": "", "text": "He was referring to tech companies. I am referring to old-school companies that haven't missed a dividend payment for 30 years. Anyway Facebook is probably a good bet \u2013 they have an even trying to monetize it other than to cover costs. Let someone else bet on that. it turns out that a lot of people open accounts and are active for about the first 30 days and that's it. But the accounts remain on the books. Linkedin \u2013 talk about worst in breed. Anyway, I still don't know what Facebook has that MySpace didn't."}
{"_id": "234845", "title": "", "text": "\"Correct!  But this is only true when a central bank is involved.  So if there's a single institution that has a territorial monopoly on the production of money (and competing currencies aren't allowed via \"\"legal tender laws\"\"), then the debt-based money system OP describes isn't actually the system being used.  That's the problem with his post:  he's trying to make it seem like our current system of fiat currencies is somehow natural or emergent.  It's not.  What we have now is the result of a legal monopoly.\""}
{"_id": "234846", "title": "", "text": "&gt;But on the bright side, the most common decade for people to start saving is in their 20s. Twice as many 30 to 49 year olds said they started saving in their 20s instead of their 30s, while the 50 to 64 age group was \u201conly slightly more likely\u201d to have started saving in their 20s over their 30s, according to the report, which surveyed 1,003 adults living in the continental U.S.  So they are basing their analysis of how early people start saving purely by studying people in their 30s and 40s with those in their 50s and 60s. They don't compare either of those age groups with those in their 20s and 30s to see how things have changed?"}
{"_id": "234848", "title": "", "text": "sadly, it is illegal in most states to buy a car directly from the manufacturer. as such, most manufacturers do not offer the option even where it is legal. if you really do know exactly what you want (model, color, options, etc.) i recommend you write down your requirements and send it to every dealer in town (via email or fax).  include instructions that if they want your business, they are to reply via email (or fax) with a price within 7 days.  at least one dealer will reply, and you can deal with whoever has the best price. notes:"}
{"_id": "234851", "title": "", "text": "You can use interactive brokers. It allows you to have a single account to trade stocks and currencies from several countries."}
{"_id": "234852", "title": "", "text": "\"I would use a \"\"virtual credit card\"\" which is basically a fake card that cannot be charged.  http://credit-card-generator.2-ee.com/q_virtual-credit-card-generator.htm\""}
{"_id": "234862", "title": "", "text": "According to McKinsey, the consultancy, it took six months for the US economy to recover its pre-recession jobs level after the 1982 downturn. Following the 1991 recession, that had risen to 15 months. After 2001, it took 39 months \u2013 meaning that the economy required almost the full business cycle to regain the jobs total bequeathed by the previous one. Following the Great Recession of 2008, McKinsey forecast that the economy would take 60 months to reach the pre-downturn jobs level.  That now looks optimistic. In December 2007, the US economy employed 146m people. Four years later, it languishes at 140m. At the current rate of job creation it will take another two and a half years to regain 2007 levels \u2013 taking the replacement cycle to as much as 78 months. This is destruction minus the creativity. Even that understates the problem, since in that time the population will have risen by more than 10m.  \u201cI know companies that employ senior engineers whose only job is to find ways to reduce the headcount,\u201d says Carl Camden, chief executive of Kelly Services, a booming staffing agency based in Michigan. \u201cThe name of the game everywhere is to reduce permanent headcount and we are still only at the early stages of this trend.\u201d The second problem stems from the first \u2013 America is employing a decreasing proportion of its people. At the start of the recession, the employment-to-population rate was 62.7 per cent. The rate is now 58.5 per cent. Last month, unemployment fell from 9 per cent to 8.6 per cent. On the surface, this looked like a welcome leap in job creation. In reality, more than half of the fall was accounted for by a decrease in the numbers \u201cactively seeking\u201d work. The 315,000 who dropped out of the labour market far exceeded the 120,000 new jobs.  According to government statistics, if the same number of people were seeking work today as in 2007, the jobless rate would be 11 per cent. Some have moved from claiming unemployment benefits to disability benefits, and have thus permanently dropped out of the labour force. Others have fallen back on the charity of relatives. Others still have ended up in prison. In 1982 there were just over 500,000 in jail; today there are 2.5m \u2013 more than the combined population of Atlanta, Boston, Seattle and Kansas City, according to the Economic Mobility Project of the Pew Center, a Washington-based think-tank.  Finally, a growing share of whatever jobs the economy is still managing to create is in the least productive areas. Of the five occupations forecast by the Bureau of Labor Statistics to be the fastest growing between now and 2018, none requires a degree. These are registered nurses, \u201chome health aides\u201d, customer service representatives, food preparation workers and \u201cpersonal home care aides\u201d.  Manufacturing is nowhere in the top 20, and such jobs cannot replace the pay and conditions once typical of that sector. \u201cThe food preparation industry cannot sustain a middle class,\u201d says Dan DiMicco, chief executive of Nucor, one of America\u2019s two remaining big steel companies, whose company motto is \u201ca nation that builds and makes things\u201d.  The tides are not with Mr DiMicco. According to a study this year by Michael Spence, a Nobel Prize-winning economist from Stanford University, and Sandile Hlatshwayo, all net job creation since 1990 has been in the \u201cnon-tradable sector\u201d. Between 1990 and 2008, the US added 27.3m jobs, of which almost every one was in services. Almost half were in healthcare or the public sector \u2013 both areas in which productivity growth is virtually zero. Conversely, manufacturing\u2019s impressive productivity growth has tracked its shrinking headcount. If there is an explanation as to why middle-class incomes have stagnated in the past generation, this is it: whatever jobs the US is able to create are in the least efficient sectors \u2013 the types that neither computers nor China have yet found a way of eliminating. That trend is starting to lap at the feet of more highly educated American workers. And, as the shift continues, higher-paying jobs are also increasingly at risk, argue Prof Spence and Ms Hlatshwayo.  What, then, can be done to revitalise the increasingly sclerotic jobs market? If the answer were simple, it would have been on everyone\u2019s lips a long time ago. Unfortunately, there is no precedent for the challenges America faces, and thus little consensus among economists or policymakers on the best remedies. However, almost everyone agrees on how to ensure the situation does not deteriorate. Top of the list is a better education system for all stages of life.  Alas, rebooting an increasingly mediocre school system is easier said than done. Nor is permanent reskillling realistic for large chunks of the workforce. There may be lessons to be learnt from nations such as Germany, particularly on vocational education, but there is little federal appetite to apply them. \u201cEvery American is going to have to get used to the idea of a completely different work style,\u201d says Mr Camden, whose company farms out hundreds of thousands of temporary workers around the world, from lawyers to office assistants. \u201cWhat you learnt in college five years ago may already be obsolete.\u201d  Perhaps inevitably, given the fiscal climate, education and training budgets have gone in the wrong direction in the past few years. State schools and vocational community colleges derive much of their funding from local property taxes. That model brings two big disadvantages. First, it means community colleges are victims of \u201czip code apartheid\u201d \u2013 the lower the property values in an area, the less money there is to train the workforce or educate the children.  Second, it deprives communities of the fiscal stabilisers that they need during a prolonged home foreclosures crisis. The areas worst hit by the housing crisis have experienced some of the steepest education cuts. By contrast, some of the best community colleges have kept their heads well above water. But most budgets have taken a nosedive at a time when demand for retraining has surged. \u201cIt is absurd that we withdraw support from the community colleges just when they most need it,\u201d says Prof Autor.  Economists also agree on the need for a panoply of other measures \u2013 from higher spending on infrastructure, with the quality of roads and airports now rapidly approaching second world status, to a more sensible immigration policy that encourages the most talented foreign students to remain in the US. Most also call for far higher public spending on research and development, as well as better private incentives. The US now has one of the least generous R&amp;D tax credits in the developed world.  Taken together, these reforms would have an impact \u2013 but few believe they would transform the picture. \u201cThe truth is that we don\u2019t know how to fix the US labour market \u2013 we are in uncharted territory,\u201d says Peter Orszag, Mr Obama\u2019s former budget director, now a vice-chairman of Citi. \u201cIt would help to spend more on retraining and on infrastructure and to have a more rational immigration system. But these wouldn\u2019t fundamentally transform the situation for the middle class ... It is not yet clear what, if anything, could.\u201d"}
{"_id": "234889", "title": "", "text": "if you bought gold in late '79, it would have taken 30 years to break even. Of all this time it was two brief periods the returns were great, but long term, not so much. Look at the ETF GLD if you wish to buy gold, and avoid most of the buy/sell spread issues.  Edit - I suggest looking at Compound Annual Growth Rate and decide whether long term gold actually makes sense for you as an investor. It's sold with the same enthusiasm as snake oil was in the 1800's, and the suggestion that it's a storehouse of value seems nonsensical to me."}
{"_id": "234890", "title": "", "text": "1 - For FHA loans PMI is required for mortages where there is not at least 20% equity.  Bank Financed Non-FHA loans may have other standards. If you are getting an FHA loan ,if possible put down 20%  so that you do not have to pay PMI.  That said your PMI costs should be reduced by the size of your down payment since the PMI covers the difference between your equity value (Based on the appraisal at time of purchase) and 20% equity value of the home. So if you buy a home for 425k(assuming 100% appraisal price) 20% equity would be 85k.  So if you put 10% down you would be paying PMI until you accrue an addition 42500 in equity.  And you will be paying PMI on that for about 12 years(typical on 30 year mortgage) or until you refinance(having home appraised at higher value than purchase price where you would have 20% equity).  There are ways to get out of PMI early but few banks are willing to help you through the hoops unless you refinance(and pay more closing costs). 2 - Different banks offer better rates or other benefits for paying points.  We paid $300 for a 1.5% reduction in our interest rate (less than 1%) but it was called a point. We were offered a few other points (.25% for 2500 and an one time on demand interest rate adjustment for ~3k) but declined but they may make more sense on a 425k home than our more modest one.  You can talk to a banker about this now, get preapproved(which helps with getting offers accepted sometimes), and find out more details about the mortgage they will offer you.  This meeting should be free(I would say will but some bank would charge just to prove me wrong) and help answer your questions more authoritatively than anyone here can.   3 - The costs will come out of your down payment.  So if you put down 42.5k down your costs will come out of that.  So you will probably end up with 30~35k being applied towards your purchase price with the rest going for costs.  You can tell the banker you want to put 10% towards the price and the banker will give you a down payment probably around 50k to cover costs etc.  (My figures are hopefully intentionally high better to find out that it will cost less than my guesstimate than get your hopes up just to find out the costs are higher than expected.)"}
{"_id": "234892", "title": "", "text": "Yes, exactly. VaR is just a single tailed confidence interval.  To go from model to strategy, you need to design some kind of indicator (i.e. when to buy and when to short or stay out). In practice, this will look like a large matrix with values ranging from -1 to 1 (corresponding to shorting and holding respectively) for each security and each day (or hour, or minute, or tick, etc.), which you then just multiply with the matrix of the stock returns. The resulting matrix will be your daily returns for each stock, you can then just row sum for daily returns of a portfolio, or calculate a cumulative product for cumulative returns.  A simple example of an indicator would be something like a value of 1 when the price of the stock is below the 30 day moving average, and 0 otherwise. You can use a battery of econometric models to design these indicators, but the rest of the strategy design is essentially the same, and it's *relatively* easy to build a one-size-fits-all back-testing code.  I'll try to edit this post later and link a blog that goes through some of the code.  Edit: [Here](http://www.signalplot.com/simple-machine-learning-model-trade-spy/) is a post that discusses implementing a simple ML strategy. You can ignore most of the content but if you go through the github, you'll see how the ML model is implemented as a strategy.  An even easier example can be found from [the github connected to this post](http://www.signalplot.com/how-to-measure-the-performance-of-a-trading-strategy/), where the author is just using a totally arbitrary signal. As you can see, deriving a signal can be a ton of work, but once you have, actually simulating the strategy can be done in just a few lines of code.  Hopefully the author won't mind me linking his page here, but I find his coding style to be very clean and good for educational purposes."}
{"_id": "234893", "title": "", "text": "While Ford and the other auto makers have a bad few years, some companies want to have a cash dividend. It appeals to certain investors. Others have tried to avoid dividends: Microsoft didn't start until ~2003; Apple only from mid 80's until mid 90's.; Google never has had a cash dividend. The desire to keep the dividend, or even to increase it, make some companies continue the practice; even when it doesn't make complete sense. Here is a list of stocks that have INCREASED their dividend for the last 25+ years: http://www.dividend.com/dividend-stocks/25-year-dividend-increasing-stocks.php Some have had good years, others bad years, in the last 25+ years."}
{"_id": "234916", "title": "", "text": "If you are thinking of opening a home based fitness center, then it\u2019s time to stop thinking and start doing. Home based gym gives personalized attention to every member. This means individual\u2019s abilities and requirements are taken into consideration to know which exercise is most effective to achieve the fitness goals and reduce the risk of injury. Just you fitness is offering the home based fitness franchise opportunities. Contact them to know more at: https://docs.zoho.com/file/3ieym3bf54ae9c4b64538b453a30f1307ceb8"}
{"_id": "234932", "title": "", "text": "&gt; A lot of contract positions have become less or equal pay than the permanent workers.      That many be true in many industries, but not in IT.   Technology contractors typically make far more than employees.   The example in the article was someone working for IBM.   IBM is a low paying IT contractor, and still pays more than $50 per hour for legally resident contractors (H1B's is a completely different story)."}
{"_id": "234934", "title": "", "text": "&gt; if you leave like 5k at all times in your account the fee is waived  Easier said than done. In the US, more than 20% of adults have zero savings whatsoever, and 62% have less than $1,000 in savings. Pretty tough for most folks to have $5,000 just sitting around in order to prevent a $15 monthly fee."}
{"_id": "234935", "title": "", "text": "I guess the opposite of being hedged is being unhedged. Typically, a hedge is an additional position that you would take on in order to mitigate the potential for losses on another position. I'll give an example: Say that I purchase 100 shares of stock XYZ at $10 per share because I believe its price will increase in the future.  At that point, my full investment of $1000 is at risk, so the position is not hedged. If the price of XYZ decreases to $8, then I've lost $200.  If the price of XYZ increases to $12, then I've gained $200; the profit/loss curve has a linear relationship to the future stock price. Suppose that I decide to hedge my XYZ position by purchasing a put option. I purchase a single option contract (corresponding to my 100 shares) with a strike price of $10 and an expiration date in January 2013 for a price of $0.50/share. This means that until the contract expires, I can always sell my XYZ shares for a minimum of $10.  Therefore, if the price of XYZ decreases to $8, then I've only lost $50 (the price of the option contract), compared to the $200 that I would have lost if the position was unhedged.  Likewise, however, if the price increases to $12, then I've only gained a net total of $150 due to the money I spent on the hedge. (the details of how much money you would actually lose in the hedged scenario are simplified out above; even out-of-the-money options retain some value before expiration, but pricing of options is outside of the scope of this post) So, as a more pointed answer to your question, I would say that the hedged/unhedged status of a position can be characterized by its potential for loss. If you don't have any other assets that will increase in value to offset losses on your position of interest, I would call it unhedged."}
{"_id": "234950", "title": "", "text": "\"An endowment is a large chunk of capital (i.e. money) held by  a university or other nonprofit.  It is meant to hold its value forever against inflation, and invested to generate income: from interest, dividends and appreciation.   They seem like a contradiction: closely scrutinized by Boards of Directors, managed to a high and accountable standard, closely regulated -- and yet, invested aggressively for growth: ignoring short-term volatility to get the highest growth long-term.  The law, UPMIFA (P for Prudent), requires growth investment, and says taking up to 7% of current value per year is prudent, even in down times when total value is shrinking.  On average, this lets the endowment grow with inflation.  7% is the high end of \"\"prudent\"\".  An endowment is watched, and the taken income is adjusted to keep the endowment healthy. 5% is very safe, assuming the endowment must pace inflation until the heat death of the universe. If you plan to die someday, drawing an extra 1-2% is appropriate.  There you go.  Invest like a university endowment, and count on up to 7% per year of income.  That's $21,000 a year. There'll be taxes, but the long-term capital gain rate at $21,000/year is pretty low.  That's pretty tight, but possible if your idea of entertaining is Netflix.  It would work very effectively for #VanLife, or the British version, living on a Narrowboat.\""}
{"_id": "234975", "title": "", "text": "Depends how long you'll be resident in NZ for. Less than 183 days? Then no, you won't necessarily be tax resident. You'll need to declare your NZ income (and pay tax) in Australia, but New Zealand won't be fussed. It all depends on your tax residency"}
{"_id": "234979", "title": "", "text": "There is no rule of thumb (although some may suggest there is). Everybody will have different goals, investment preferences and risk tolerances. You need to figure this out by yourself by either education yourself in the type of investments you are interested in or by engaging (and paying for) a financial advisor. You should not be taking advice from others unless it is specifically geared for your goals, investment DNA and risk tolerance. The only advice I would give you is to have a plan (whether you develop it yourself or pay a financial advisor to develop one). Also, don't have all your savings sitting in cash, as long-term you will fall behind the eight ball in real returns (allowing for inflation)."}
{"_id": "234983", "title": "", "text": "The lowest cost way to trade on an exchange is to trade directly on the exchange. I can't speak to the LSE, but in the US, there is a mandated firewall between the individual and the exchange, the broker; therefore, in the US, one would have to start a business and become a broker. If that process is too costly, the broker or trade platform that permits individuals to trade with the lowest commissions is the next lowest."}
{"_id": "235004", "title": "", "text": "Every economy wants growth and for growth to come you need investments. So, you must provide some motive for people to risk their money (every investment has inherently a degree of risk or if you want uncertainty about the outcome). As a result the tax on capital gains is lower than on other types of income (because the risk is almost zero). The tax is considered in the calculation of the net interest rate. And you can see this as the interest which the investors demand in order to invest their money."}
{"_id": "235010", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://marginalrevolution.com/marginalrevolution/2017/09/gender-gap-stem-not-think.html) reduced by 84%. (I'm a bot) ***** &gt; In a new NBER working paper David Card and Abigail Payne have a stunning new explanation of the gender gap in STEM at universities.  &gt; The conventional wisdom is that the gender gap is about women and the forces-discrimination, sexism, parenting, aptitudes, choices; take your pick-that make women less likely to study in STEM fields.  &gt; Narrow the gender gap in the fraction of university entrants who are STEM ready from 14.percentage points to less than 2 percentage points.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zwxp2/the_gender_gap_in_stem_is_not_what_you_think/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~209141 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **STEM**^#1 **high**^#2 **university**^#3 **gap**^#4 **gender**^#5\""}
{"_id": "235014", "title": "", "text": "\"There are two parts to the hack you describe.  One is moving to a high-cost, high-pay country to work, and the other is moving to a low-cost, low-pay country to retire. As Dilip mentioned in a comment, the first part is not so easy in many cases.  You can't just take a plane to the USA and start making big bucks immediately.  In the first place, it's illegal to work without special visa permissions.  Even if you manage to secure that permission (or take the risk of trying to work illegally), there's no guarantee you'll get a job, let alone a high-paying one.  The same is true in most other high-paying countries. As for the second part, that takes considerable willpower as well.  After spending X years getting used to a country, investing time and money, you must then have the resolve to uproot your life a second time and move to another country.  For the most part, countries are expensive for a reason.  Even if you in principle reject the cost-benefit tradeoffs of a particular country, it can be difficult to give up some of those benefits when the time comes (e.g., trains running on time, reliable electricity, donut shops, or whatever).  You might \"\"get soft\"\" or become co-opted by the rich-country rat race and find it difficult to extricate yourself. All of these problems are compounded if, as in many cases, you happened to start a family while in the expensive country.  At the least, moving would require uprooting not just you but your family.  Also, quality of education is often one of the main reasons people immigrate permanently to expensive countries.  Even a person who personally would prefer to retire to a cheaper country may be unwilling to transplant their children into that country's education system.  (Of course, they could wait until the children are self-supporting, but that makes the wait longer, and may result in them living far away from their children, which they may not want.) As JoeTaxpayer notes, the same reasons may work on smaller levels, even within a country.  In theory it's perfectly possible to power through a brief, lucrative career in Silicon Valley and then retire to Idaho, but it doesn't seem to happen as often as the plain numbers might suggest.  A simple way to put it might be that the kind of person who would be happy living in a cheap environment often cannot or will not endure a lengthy \"\"tour of duty\"\" in an expensive environment.  Either you like the expensive environment and stay, or you leave, not as a planned lifehack, but because you realize you don't like it.\""}
{"_id": "235015", "title": "", "text": "\"Real-time equity (or any other market) data is not available for free anywhere in the US.  It is always delayed by 10-15 minutes. On the other hand, online brokers who target the \"\"day trader\"\" (Interactive Brokers, TD Ameritrade, etc.) offer much closer to real-time data AND feature all the tools/alerts/charts/etc. you could ever possibly dream of.  I bet the type of alert you're asking for is available with just a couple of clicks on one of these brokers' platforms. Of course, accounts with these online brokers are not free; you must pay for these sophisticated tools and fast market access.  Another down side is that the data feeds sent to you by even the most sophisticated online broker are still delayed by tens of seconds compared to the data feeds used by big banks and professional investors.  Not to mention that the investment arm of the broker you use will be making its own trades based on the data feeds before relaying them on to you. So this begs the question: why do you need real-time information?  Are you trying to \"\"day trade\"\" -- i.e. profit from minute-to-minute fluctuations in the stock market?  (I can't in good conscience recommend that, but best of luck to you.)  If on the other hand you don't truly need \"\"real-time\"\" data for your application, then I support @ChrisDegnen's approach -- use public data feeds and write your own software.  You probably will not find any free tools for the sort of alerting you're looking for because most folks who want these types of alerts also need faster feeds and are therefore already using an online broker's tools.\""}
{"_id": "235029", "title": "", "text": "Margin accounts do not have the problem you are imagining, which is unique to cash accounts"}
{"_id": "235036", "title": "", "text": "Pay off the debt first.  Life circumstances change without notice, and starting any stage of life with a debt puts you at a disadvantage.  Luckily, your debt is small.  Please also consider accumulating a 6 month emergency fund before making investments. This will further protect you when life hands you a curveball."}
{"_id": "235046", "title": "", "text": "I like this part:  &gt;Because insurance companies are required to take all applicants, healthy people (especially the young) would be wise to pay the penalty rather than buy the insurance. This makes the pool of insured individuals sicker and more costly, on average, and their premiums will higher. With higher premiums, more people will choose to pay the penalty, and a downward spiral will unfold.  Which is the exact opposite of reality.  If you have more people in an insurance pool, premium costs go down, which is the whole point of the individual mandate.  It's like they're trying to scare people to not buy health insurance and waste it on a fine instead.  Real nice."}
{"_id": "235048", "title": "", "text": "\"30 minutes of driving times 5 days is 2.5 hours of driving. Average 40mph is 100 miles per week. Guess of 25mpg on your car is 4 gallons of gas. 4 times 3 bucks a gallon is 12 dollars. Say 3 hours per week of your time, times 9/10 dollars per hour is 27/30 dollars per week. 12 plus 27 is 39. So I'd say around 40 dollars per week seems fair. You could do 50 but it is playing with a doggy for a couple hours. Unless it's a giant (or tiny) pain in the ass, it's hardly \"\"work\"\" but that's just me. $40/week sounds fair. Hope you work it out pal.\""}
{"_id": "235055", "title": "", "text": "\"&gt; My issue understanding this is I've been told that banks actually don't hold 10% of the cash and lend the other 90% but instead hold the full 100% in cash and lend 900%. Is this accurate?  That's the money multiplier effect being poorly described.  You take a loan out, but that loan eventually makes its way to other banks as cash deposits, which then are loaned out, and go to other banks, and loaned, etc., so that the economy is \"\"running\"\" on 10x cash, where 1x is in physical cash, and the other 9x is in this deposit-loan-deposit phenomenon.  &gt; The issue I see with it is that it becomes exponential growth that is uncapped.  Not true. If there is $1B outstanding \"\"physical\"\" cash (the money supply) with a 10% reserve, then the maximum amount of \"\"money\"\" flowing through is $1B / 10% = $10B. This assumes EVERYTHING legally possible is loaned out or saved in the banking system. As such, it represents a cap.   If you have an Excel spreadsheet handy, you can easily model this out in four columns.   Label the first row as follows: Deposit, Reserve, Cash Reserve, Loan Amount  A2 will be your money supply. For simplicity, put $100.   B2, your reserve column, will be 10%.  C2 should be =A2 * B2, which will be the cash reserve in the bank.  D2 should be A2 - C2, which is the new loan amount extended.   A3 should be = D2, as the loans extended from the last step become deposits in the next.   B3 = B2.  Now, drag the formulas down, say, 500 rows.  If you then sum the \"\"deposits\"\" column, it'll total $1,000. The cash reserve will total  $100, and the loan amount will be $900. Thus, there is a cap.\""}
{"_id": "235074", "title": "", "text": "If you're correct that it's not taxable because it's non-taxable reimbursement (which is supported by your W-2), then it should not go on your 1040 at all.  If it is taxable, then it really should have appeared on your W-2 and would probably end up on Line 7 of your Form 1040."}
{"_id": "235079", "title": "", "text": "A ton of good comments and a lot of innocent comments.  Basically with fractional reserve banking, the creation of money out of nothng to increase the money supply is very simple to do and happens every second.  But like anything leveraged, it's great in good times adn horrible is bad times.  Contraction is magnified so if I pull out $1, the banks available funds are decreased by a multiple of that (depending on the reserve requirements and capital requirements).    SO to answer you're question, the money gets destroyed and disappears and a portion remains."}
{"_id": "235082", "title": "", "text": "\"Profitability is not magical. It's not a mystical thing that requires a 4 or 8 year degree in business to understand.  Twitter will never make money. You cannot make money with Social Media. All of the steps necessary to make social media profitable are the same steps which will drive your users to other platforms that remain free.  Twitter is already losing users to a new software called \"\"Mastodon\"\" which is not controlled by any single corporation, it's open source and anyone can operate their own federated server. It allows much larger 'posts' which enables people to have actual, valuable conversations on it, instead of brain-vomiting.  Twitter's largest mistake is probably their reluctance to abandon the 140 character limit 3 or 4 years ago when they should have. But it's too late now. It would take a miracle to save them.  Social Media as a marketplace is saturated. there's 4 or 5 sites you've heard of and 5000 you haven't and they're all free. How can anyone make money in that market? You can't.  And if all of the social media sites suddenly became subscription based, users would stop using them, they'd set up their own blogs using services like Wordpress.com or self-hosting them with software like WordPress.org or Ghost, and they'd use free open source software based on protocols like RSS or ATOM which have been around for a very long time to achieve the same sort of \"\"Friends and follower\"\" networks that Social Media giants want you to believe require their service.  Social Media has always been a bad business model, and it will always be a bad business model. Facebook has only found success because of their puppet companies and side-projects, the social media part of their business remains unprofitable.\""}
{"_id": "235098", "title": "", "text": "At your young age, the most of your wealth is your future labor income (unless you are already rich). Your most profitable investment at this time is most likely to be investment in your human capital (your professional skills, career opportunities).  Depending on how you plan to earn your money, invest time and effort to enable you to earn better wages in that activity. So focus on education or professional training. Also, consider that it is probably your total lifetime utility/welfare you should maximize (but you decide!). I suggest you do not focus narrowly on earning as much money as possible. Consider what sort of life you want and what you need to do to enable it. Best of luck!"}
{"_id": "235119", "title": "", "text": "Anything where the initial step of someone trying to get you into anything financial is to send you an e-mail. There are valid situations in which e-mails may be used to introduce you to a financial product or offer, such as if you have signed up for an electronic newsletter that includes such information. But in that particular case, the e-mail isn't the first step; rather, whatever caused you to sign up for the newsletter was. Even in a valid, legitimate scenario, you should obviously still perform due diligence and research the offer before committing any of your money. But the odds that someone is contacting you out of the blue via e-mail with a legitimate financial offer are tiny. The odds that a lawyer, a banker or someone similar in a remote country would initially contact you via e-mail are yet smaller; I'd call those odds infinitesimal. Non-zero, but unlikely enough that it is probably more likely that you would win the grand prize in the state lottery four times in a row. Keep in mind that responding in any way to spam e-mails will simply confirm to the sender that your e-mail address is valid and is being read. That is likely to cause you to receive more spam, not less, no matter the content of your response. Hence, it is better to flag the e-mail as spam or junk if your e-mail provider offers that feature, or just delete it if they don't. The same general principles as above also apply to social media messaging and similar venues, but the exact details are highly likely to differ somewhat."}
{"_id": "235130", "title": "", "text": "\"&gt;then why would the largest IT companies with the biggest budgets do it?  Do you understand what \"\"appeal to authority\"\" is?   Just because a large company does it doesn't mean it's right. Microsoft has private offices for their developers, and there's research that shows people are more productive with private offices. Yet some companies have private offices, though most still have cube farms. Who's right?  There's solid research that having multiple monitors makes developers more efficient. But how many of those \"\"largest IT companies\"\" only have their developers with one monitor? Or on a freaking *laptop*?   Large companies most certainly do things for the wrong reasons, or out of inertia, or with good intentions but poor implementation.\""}
{"_id": "235135", "title": "", "text": "Credit scores have a huge financial impact on consumers, even though most people don\u2019t know how they are calculated or which bad habits may be driving theirs down. Your credit score is a number on a scale of 300 to 900 that can affect all of your financial decisions, from shopping for groceries to applying for a mortgage. Read on to find out why a good credit rating is so important. 4 Things to Know About Your Credit Score Why it\u2019s important. Throughout your life, you will probably rely on your credit to acquire the items that you want and need but can\u2019t necessarily pay cash for. Each time you buy something on credit, merchants are taking a gamble on you; the bet is"}
{"_id": "235146", "title": "", "text": "I still don't know what the point of the stimulus was. What was it, like 300 bucks or something? Which for me was actually nothing because it came out of my pocket. It just took a bunch of overhead for them to give it to me, and for me to put it back in my bank."}
{"_id": "235159", "title": "", "text": "\"&gt;\"\"The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration.\"\"   The article says nearly half a MILLION more barrels of gasoline per DAY, not half-billion per month.  That's a very big difference.  Like, you know, the difference between 15 and 500.\""}
{"_id": "235170", "title": "", "text": "I can see the point of it but you also have to remember what kind of people are working here to begin with, they are often people with a high school education or equivalent with no additional training or education. That doesn't leave a lot of jobs open and pretty much regardless of where they work the market wage is going to be low because they are extremely interchangeable. That is to say this is the working poor, the people that the government targets quite a bit so they'll have a negative external impact on the rest of the economy as a whole.   So while it does cost you money per year really the more important question is if these people were employed elsewhere, or not employed, what would the cost be and if there is any difference to where the government is paying more then they should be taxed by that amount to pay for the externality."}
{"_id": "235195", "title": "", "text": "I'm still short UVXY since a couple reverse splits ago, but I start to worry when everyone is shorting VIX, with VIX now under 10, and even VIX futures a few months out around 13. As far as VIX calls; I wouldn't play VIX options myself unless it's very near term (weeklies) and done as a quick trade at opportune times. This big trade however was an interesting approach."}
{"_id": "235197", "title": "", "text": "It is easy to be a stock analyst.   #1.  Get a YouTube channel  #2.  Create a Twitter account  #3.  Every day make a video and tweet that the stock market crash is imminent  #4.  Hedge your prediction with a bullish long portfolio and lie to the public  #5. Watch viewership and following grow rapidly as you misinform the public"}
{"_id": "235201", "title": "", "text": "&gt;To those moaning about loss of jobs, is this really a job you want to fight to keep?   Where should youth labor go with such jobs going away?  I am not pushing to keep such jobs but such jobs are primary for youth labor.  And without such jobs where are they going to get their first job?"}
{"_id": "235218", "title": "", "text": "If an accounting firm had constant errors and was wrong over 50% of the time about the books how would that go about?  As a former bond trader, I would rarely look at the ratings.... CDS was most useful when applicable, and if not spread to the closest benchmark/sectoral average."}
{"_id": "235221", "title": "", "text": "Enertec Windows are the biggest window suppliers Melbourne. Whatever the kind of product you need, from UPVC windows, to double hung windows, and tilt and turn windows, we offer the best quality products at affordable prices. Address: 45 Macbeth St, Braeside, Victoria 3195,  Ph. no: 61438790876"}
{"_id": "235226", "title": "", "text": "I think India and Africa are going to center of the economic growth market in the next two decades. Probably more India, since they have the means to develop and a culture that wants it. I think the growth rates are all relative, but you obviously know the standard growth rate of the Sp500. I just can't see it falling because we are still in the middle of a complete globalization and I really think it won't be over before I retire. It will probably yake Africa 50 years before they reach a first world living standards we enjoy now. God only knows what we will have as the definition of first world by then.   The medical industry alone will drive a large portion of growth. Cyber security is going to be the next frontier in tech as the internet of things explode into our daily life.   I am not as weary about long term growth. We are always innovating and creating new markets. The beauty of the Sp500 is that it doesn't even have to be in the US to make money off it."}
{"_id": "235230", "title": "", "text": "\"I think in part we should admit that many if not most of those artists who produce QUALITY work have some expectation of benefiting directly from those videos, or at the very least being presented the opportunity to work in/for The Industry.   So they would actually hate to see Hollywood completely buried by Piracy. Honestly, I don't ever see that happening. Piracy gets you into the habit of consuming entertainment, which means you're actually *more* likely to impulse buy that DVD rather than if you don't pirate any content. It's only when you completely remove Movies and Television from your daily habit that you look at a DVD  and think...\"\"Do I really want to waste 2 hours of my life sitting on a couch?\"\". If it's literally been months or even years since you've done it you'll likely not break the norm AND lose out on money to do it.   How do we as a society get the best of both worlds? Libraries. I love books; hell, I double majored in English. But, for the life of me I don't understand why today's Libraries aren't COMPLETELY STOCKED with DVD's and CD's. I understand that they are easy to backup and can violate copyright that way, but that doesn't mean taxpayers who have enabled those works get to escape their eventual path to being \"\"free\"\". I can't believe that most libraries' Media department is sparse except for casette tapes, VHS's, and educational DVD's. It's not just so that consumers can get to the product for a very low price/\"\"free\"\", it's that the art should continue to exist for generations in an unadulterated form. Public libraries do just that.\""}
{"_id": "235241", "title": "", "text": "Election -&gt; policies -&gt; potential adverse effects on the bottom line. It's not like they aren't related. (I'm just playing devil's advocate; I'd like to think he wouldn't make important staffing decisions until those policies are enacted and actually affecting his business.)"}
{"_id": "235251", "title": "", "text": "Vick was proven guilty by a court of law as opposed to an organization with its own prerogatives. This leads me to believe he can overcome this.  Unfortunately, his ban is going to stay, but his name recognition associated with his accomplishments and charity work will too."}
{"_id": "235260", "title": "", "text": "People who will receive UBI are going to immediately spend that money on goods and services. UBI is a gift to resource/production owners. The wealthy do not spend most of their money. They keep trillions locked up in interest &amp; dividend yielding accounts, and that is killing the global economy."}
{"_id": "235263", "title": "", "text": "~~Dividends~~  edit:  Sorry; misunderstood your question.  Subsidiary losses. If NI is -$1000 and you own 80%, then your adjustment for year 20XX is $-200. If the accumulated minority interest is &lt;$200, the end balance of non-controlling interest at 20XX+1 would be negative.   I can also imagine a scenario due to negative value of the sub's net identifiable assets using partial goodwill method."}
{"_id": "235266", "title": "", "text": "In the general case if you have income coming in from a foreign source you need to declare it on your Canadian tax form, and nominally pay tax on it. However Canada has a tax agreement with the UK to ensure that you are not taxed twice. You also declare how much tax you have paid to the UK, and that is deducted from your Canadian tax bill. You may need to consult a tax professional, or maybe just read the Revenue Canada website to get the details. If you are holding this money for a friend, then you may find that this does not count as income to you. If you are getting it transferred to you in Canada, and then immediately passed on to your friend, it probably doesn't count as income (though again a tax professional will probably be helpful). This would mean you don't have to pay Canadian tax. But it's also a bummer because you've paid UK tax, which you might also have avoided, and you can't get that back without a lot of form filling. If this is going to be an ongoing situation, and the amount is significant, then you might look at getting your friend's money (and any you have in a UK account yourself) transferred to an offshore account, where UK tax is not automatically deducted. Most UK banks will do this for non-UK residents."}
{"_id": "235267", "title": "", "text": "&gt;Not bad. Do you do similar bullets for the future of the world economy?  Not nearly knowledgeable enough for this. : (  I'm pretty dense about the college-bubble too. My hope is to encourage discussion so that I can learn from someone who wants to back up/debunk the items mentioned."}
{"_id": "235271", "title": "", "text": "\"For 3X, it's about 114, and for 4X, 144, which naturally, is twice 72.  These are close, back of napkin, results. With smart phone apps offering scientific calculators, you should get comfortable just taking the nth root of a number for a more precise answer.  Update in response to Brick's comment. The rule of 72 says that (n)(y)=72 to double your money. It answers both questions, how much time do I need, given a rate, and how much return do I need, given a time?  Logic tells me that if 72 is the number to double, 144 is the 4X. But I'm a math guy, and my logic might not be logical to OP. So -  Let's take the 20th root of 4.   This is the key to use. 4, (hit key) 20, equals. The result is 1.07177 or 7.177%. And this is the precise rate you'd need to quadruple your money in 20 years) Now (n)(y)= 20* 7.177 = 143.55 which rounds to 144. \"\"Rule of 144\"\" to quadruple your money.  This now answers OP's question, \"\"How to derive a Rule of X\"\" for a return other than doubling.  One more example? I want 10X my money. Of course I need the initial guess to enter one calculation. People like 8%, in general. It's a bit below the 10% long term S&P return, and a good round number. The Rule of 72 says 9 years to double, so, 18 years is 4X, and 36 years is 8X. For my initial calculation, I'll use 40 years. The 40th root of 10. I get 5.925% (Again the precise rate that gives 10 fold over 40 years) and multiplying this by 40, I get a \"\"Rule of 237\"\" which I'm tempted to round to 240.  At 6%, 237/6= 39.5 yrs,  1.06^39.5 = 9.99 At 6%, 240/6= 40.0 yrs,  1.06^40.0 = 10.29 You can see that you lose some accuracy for the sake of a number that's easier to remember, and manipulate. 72 to double is pretty darn accurate, so I'll stick with \"\"Rule of 237\"\" to get 10X my money.   To close, the purpose of these rules is to create the tool that lets you perform some otherwise tough calculations away from any electronic device. Of course I know how to use logs, and in real life I'm paid to explain them to students who are typically glad when that chapter is over. I've shown above how the \"\"Rule of X\"\" can be formulated with a power/root key, which, for most people, is simpler. Ironically, log calculations as @jkuz offered, force a continuous compounding which may not be desired at all. It would give a result of 230 for my 10X return example, and the following (using the first equation he offered) - At 6%, 230/6= 38.3 yrs,  1.06^38.3 = 9.31 which is further away from the desired 10X than my 237 or rounded 240.\""}
{"_id": "235285", "title": "", "text": "I'm confused - I don't see your original post, and I wasn't referring to you in my post, so your answer is confusing.  But I know student housing often sucks; my son just finished 4 years of living in student apts.  But i also know the student tenants often suck, too.  I would have hated to own the apt I rented in college, and have tenants like my friends and I.  And some of my son's friends were total tenants from hell who cared not a bit what they did to the place."}
{"_id": "235298", "title": "", "text": "I've heard of handyman type people making a living this way untaxed.  They move into a fixer-upper, fix it up while living there, stay over two years and sell.  They can pocket $125k/yr tax free this way assuming they produce that much value in their fixing-up.  (Beware, though, that this will bite you in low social security payments in retirement!)"}
{"_id": "235300", "title": "", "text": "Yea, you're still young. Just start trying and do the best you can. Maybe you don't land on Wall Street, if that's even the goal, but you can absolutely break into the industry and work your way up. People understand mistakes, and a DUI that will be 4 years old when you start working isn't going to be a big deal if you have a solid 3 year track record. Don't doubt yourself, don't keep people around that hold you back. You don't need to go to a top tier school. It helps, sure, but it's not a requirement by any means."}
{"_id": "235303", "title": "", "text": "\"&gt; Sports are generally dominated by African Americans here in the states.  *Some* sports.  NBA?  Sure.  NFL?  Sure.  NHL?  No.  Soccer?  No.  MLB?  No.  NASCAR?  No.  IndyCar?  No.  Gymnastics?  No.  Figure skating?  No.  The myth of black athletic dominance is right up there with the myth of black sexual prowess (i.e. that black men have huge dicks).  It's one of those urban legends.  But let's go down this rabbit hole a little more.  If your argument is that \"\"sports are dominated by African Americans,\"\" and that you attribute this to genetic reasons, then you must believe that different races are inherently better/worse in other ways - i.e. *intelligence.*  Perhaps temperament.  Or the propensity to lie.  Or to commit crimes.  Etc.\""}
{"_id": "235314", "title": "", "text": "The MWRR that you showed in your post is calculated incorrectly. The formula that you use... ($15,750 - $15,000 - $4,000) / ($15,000 + 0.5 x $4,000) Translates into a form of the DIETZ formula of (EMV-BMV-C)/(BMV + .5 x C) The BMV is the STARTING balance. And as a matter of fact, the starting balance was NOT 15,000. It was IN FACT 11,000. See, the starting value for a month MUST BE the ending value of the prior month. So the BMV of 11,000 would give you the correct answer. Because if you added 4,000 at the start of the month (on day 1), it would have to have been ADDED to the 11,000 of the PRIOR month's ENDING value. Make sense? That would also mean that the addition of 4000 to the 11000 would imply that you started day 1 with 11,000. Make sense? Summary: When doing the calculations, you may use the ending value on the last day of the month to get your EMV. BUT YOU MAY NOT take the ending value on day 1 to get the BMV. That simply can not make sense since you already added a bunch of money during the day. Think about it. Davie"}
{"_id": "235322", "title": "", "text": "Best thing to do is convert your money into something that will retain value. Currency is a symbol of wealth, and can be significantly devalued with inflation. Something such as Gold or Silver might not allow you to see huge benefit, but its perhaps the safest bet (gold in particular, as silver is more volatile), as mentioned above, yes you do pay a little above spot price and receive a little below spot when and if you sell, but current projections for both gold and silver suggest that you won't lose money at least. Safe bet. Suggesting it is a bad idea at this time is just silly, and goes against the majority of advisers out there."}
{"_id": "235323", "title": "", "text": "\"(Leaving aside the question of why should you try and convince him...) I don't know about a very convincing \"\"tl;dr\"\" online resource, but two books in particular convinced me that active management is generally foolish, but staying out of the markets is also foolish.  They are: The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk by William Bernstein, and A Random Walk Down Wall Street: The Time Tested-Strategy for Successful Investing by Burton G. Malkiel Berstein's book really drives home the fact that adding some amount of a risky asset class to a portfolio can actually reduce overall portfolio risk. Some folks won a Nobel Prize for coming up with this modern portfolio theory stuff. If your friend is truly risk-averse, he can't afford not to diversify.  The single asset class he's focusing on certainly has risks, most likely inflation / purchasing power risk ... and that risk that could be reduced by including some percentage of other assets to compensate, even small amounts. Perhaps the issue is one of psychology? Many people can't stomach the ups-and-downs of the stock market.  Bernstein's also-excellent follow-up book, The Four Pillars of Investing: Lessons for Building a Winning Portfolio, specifically addresses psychology as one of the pillars.\""}
{"_id": "235325", "title": "", "text": "Someone really needs to shake up the car rental industry the way Uber shook the f*ck up out off the taxi industry.   Just cut out the middle men.   No need to deal with any employees; just Open your phone in a huge parking lot of nice cars at the airport and choose the car that you want to drive yourself for the next few days. Just walk up to the car and open it with the app. And you're off."}
{"_id": "235345", "title": "", "text": "\"Are you serious?  You really just admire physical books so much because you can put them on a shelf and look like a huge pretentious douche when you show off your collection to people who pretend to care?  Wow, I thought hipsters were bad.  Whats next, you gonna put on stylish \"\"reading glasses\"\" and read by candle light?\""}
{"_id": "235347", "title": "", "text": "Our Website https://www.shedcard.com/ Rent to Own Sheds are economical and extremely versatile structures that come in many sizes, colors and styles. These sheds can be used for a number of functional duties including storage, a tool shop or even a playhouse. Most of these metal sheds can be set up easily in almost any level area of your yard. The process just requires a little patience, an extra pair of hands and a few common tools that you probably already own.  My Profile : https://www.houzz.in/user/renttoownbarns More Links : http://imgur.com/puN9hpn http://imgur.com/79h0O0h"}
{"_id": "235362", "title": "", "text": "A *licensed* electrician is pretty much guaranteed to have the skills. A union electrician is almost guaranteed to fuck a project schedule  up.  &gt;Unions also fought for and got us a 40 hour work week and overtime pay. Benefits and disability insurance.   Snore. Clich\u00e9s are getting tiresome. You pay for disability insurance. Benefits came about as a way to get around WWII pay freezes. Look it up.  &gt;currently politicians are rolling back those protections  No, they're not.  &gt;the work to get those benefits will be that much harder  With this self-contradiction, you have proven my point: Unions were once needed, but now it's just abusing for the benefits for union workers only.  Perhaps you got confused by what is happening in Wisconsin.  &gt;Police are pepper spraying old grandmas and people sitting down not doing anything  You are just full of tiresome clich\u00e9s. If OWS wasn't violent and unruly, this wouldn't happen. Nobody got raped at a Tea Party event. No shitting on cop cars. No Teargas. OWS is responsible for those things that you cite.  The right to peacefully assemble does not mean you can encircle and block the police from doing their lawful job, which is what happened at UC Davis. The old lady got trapped in a protest that got out of hand thanks to OWS idiots.  Stop whining. Stop being violent. Get permits and do the right thing and you might be just as effective in electing change as the Tea Party has been. I doubt it though. OWS children are just plain ignorant.  The 1st Amendment doesn't mean you can build tree forts in the park. That was the final nail in its coffin."}
{"_id": "235364", "title": "", "text": "Measures like GDP, unemployment, and wages are designed to measure the health of the economy.  Those are the right measures to look at.   When the economy is doing well, stock prices usually do well also, but not always.  The stock market went up 23% in 2009, and the economy was in the shitter.  And it shouldnt matter which newspaper published the numbers.  If the numbers are right, the numbers are right.  You dont need to hear GDP numbers on fox news to believe them."}
{"_id": "235369", "title": "", "text": "Instagram isn't, but the instagrammers and marketers are. And Instagram wants to be friendly to them and not be mentioned in the headlines as having been a part of some FTC legal action. Already happened a few times and I'm sure they don't want it happening more than it has to"}
{"_id": "235373", "title": "", "text": "(1) You put MBA behind your name? Lol who the fuck does that.   (2) Of course it isn't  (3) Generally they work for 3-5 years and then go back for their MBA. Some go part time while working full-time (which is what I did).  (4) You claimed that there are no jobs without an MBA now - I proved you very wrong in 3 minutes - these are not shitty companies either.   (5) The kids won't get anything but an entry level job even with an MBA and ZERO experience...you don't get to move up in ranks just because you have an MBA...you need work experience.  If the amount of down-votes hasn't told you that the shear fact that I've backed up my claim should make you re-evaluate your thoughts on the advice you give."}
{"_id": "235391", "title": "", "text": "\"In a sentence, stocks are a share of equity in the company, while bonds are a share of credit to the company. When you buy one share of stock, you own a (typically infinitesimal) percentage of the company. You are usually entitled to a share of the profits of that company, and/or to participate in the business decisions of that company. A particular type of stock may or may not pay dividends, which is the primary way companies share profits with their stockholders (the other way is simply by increasing the company's share value by being successful and thus desirable to investors). A stock also may or may not allow you to vote on company business; you may hear about companies buying 20% or 30% \"\"interests\"\" in other companies; they own that percentage of the company, and their vote on company matters is given that same weight in the total voting pool. Typically, a company offers two levels of stocks: \"\"Common\"\" stock usually has voting rights attached, and may pay dividends. \"\"Preferred\"\" stock usually gives up the voting rights, but pays a higher dividend percentage (maybe double or triple that of common stock) and may have payment guarantees (if a promised dividend is missed in one quarter and then paid in the next, the preferred stockholders get their dividend for the past and present quarters before the common shareholders see a penny). Governments and non-profits are typically prohibited from selling their equity; if a government sold stock it would basically be taxing everyone and then paying back stockholders, while non-profit organizations have no profits to pay out as dividends. Bonds, on the other hand, are a slice of the company's debt load. Think of bonds as kind of like a corporate credit card. When a company needs a lot of cash, it will sell bonds. A single bond may be worth $10, $100, or $1000, depending on the investor market being targeted. This is the amount the company will pay the bondholder at the end of the term of the bond. These bonds are bought by investors on the open market for less than their face value, and the company uses the cash it raises for whatever purpose it wants, before paying off the bondholders at term's end (usually by paying each bond at face value using money from a new package of bonds, in effect \"\"rolling over\"\" the debt to the next cycle, similar to you carrying a balance on your credit card). The difference between the cost and payoff is the \"\"interest charge\"\" on this slice of the loan, and can be expressed as a percentage of the purchase price over the remaining term of the bond, as its \"\"yield\"\" or \"\"APY\"\". For example, a bond worth $100 that was sold on Jan 1 for $85 and is due to be paid on Dec 31 of the same year has an APY of (15/85*100) = 17.65%. Typically, yields for highly-rated companies are more like 4-6%; a bond that would yield 17% is very risky and indicates a very low bond rating, so-called \"\"junk status\"\".\""}
{"_id": "235399", "title": "", "text": "\"Defined benefit pensions are generally seen as valuable, and hard to replace by investing on your own. So my default assumption would be to keep that pension, unless you think there's a significant risk the pension fund will become insolvent, in which case the earlier you can get out the better. Obviously, you need to look at the numbers. What is a realistic return you could get by investing that 115K? To compare like with like, what \"\"real\"\" investment returns (after subtracting inflation) are needed for it to provide you with $10800 income/year after age 60? Also, consider that the defined benefit insulates you from multiple kinds of risk: Remember that most of your assets are outside the pension and subject to all these risks already. Do you want to add to that risk by taking this money out of your pension? One intermediate strategy to look at - again for the purposes of comparison - is to take the money now, invest it for 10 years without withdrawing anything, then buy an annuity at age 60. If you're single, Canadian annuity rates for age 60 appear to be between 4-5% without index linking - it may not even be possible to get an index-linked annuity. Even without the index-linking you'd need to grow the $115K to about $240K in 10 years, implying taking enough risks to get a return of 7.6% per year, and you wouldn't have index-linking so your income would gradually drop in real terms.\""}
{"_id": "235400", "title": "", "text": "a true free market wouldnt have these issues.. the wealthy are protected, the curtency inflated, national debt in the trillions.. there is no flexibility for these systems to auto correct.. so they will get shittier and shittier till they crash, badly.. only a free society un urdened by top down structures can build sustainable societies, its how nature works, our bodies, life."}
{"_id": "235415", "title": "", "text": "\"Congratulations on earning a great income. However, you have a lot of debt and very high living expenses. This will eat all of your income if you don't get a hold of it now. I have a few recommendations for you.  At the beginning of each month, write down your income, and write down all your expenses for the month. Include everything: rent, food, utilities, entertainment, transportation, loan payments, etc.  After you've made this plan for the month, don't spend any money that's not in the plan. You are allowed to change the plan, but you can't spend more than your income. Budgeting software, such as YNAB, will make this easier.  You are $51,000 in debt. That is a lot. A large portion of your monthly budget is loan payments. I recommend that you knock those out as fast as possible. The interest on these loans makes the debt continue to grow the longer you hold them, which means that if you take your time paying these off, you'll be spending much more than $51k on your debt. Minimize that number and get rid of them as fast as possible. Because you want to get rid of the debt emergency as fast as possible, you should reduce your spending as much as you can and pay as much as you can toward the debt. Pay off that furniture first (the interest rate on that \"\"free money\"\" is going to skyrocket the first time you are late with a payment), then attack the student loans. Stay home and cook your own meals as much as possible. You may want to consider moving someplace cheaper.  The rent you are paying is not out of line with your income, but New York is a very expensive place to live in general.  Moving might help you reduce your expenses. I hope you realize at this point that it was pretty silly of you to borrow $4k for a new bedroom set while you were $47k in debt. You referred to your low-interest loans as \"\"free money,\"\" but they really aren't. They all need to be paid back. Ask yourself: If you had forced yourself to save up $4k before buying the furniture, would you still have purchased the furniture, or would you have instead bought a used set on Craigslist for $200? This is the reason that furniture stores offer 0% interest loans. They got you to buy something that you couldn't afford. Don't take the bait again.  You didn't mention credit cards, so I hope that means that you don't owe any money on credit cards. If you do, then you need to start thinking of that as debt, and add that to your debt emergency. If you do use a credit card, commit to only charging what you already have in the bank and paying off the card in full every month. YNAB can make this easier.  $50/hr and $90k per year are fairly close to each other when you factor in vacation and holidays. That is not including other benefits, so any other benefits put the salaried position ahead. You said that you have a few more years on your parents' health coverage, but there is no need to wait until the last minute to get your own coverage. Health insurance is a huge benefit. Also, in general, I would say that salaried positions have better job security. (This is no guarantee, of course. Anyone can get laid off. But, as a contractor, they could tell you not to come in tomorrow, and you'd be done. Salaried employees are usually given notice, severance pay, etc.) if I were you, I would take the salaried position.  Investing is important, but so is eliminating this debt emergency. If you take the salaried position, one of your new benefits will be a retirement program. You can take advantage of that, especially if the company is kicking in some money. (This actually is \"\"free money.\"\") But in my opinion, if you treat the debt as an emergency and commit to eliminating it as fast as possible, you should minimize your investing at this point, if it helps you get out of debt faster. After you get out of debt, investing should be one of your major goals.  Now, while you are young and have few commitments, is the best time to learn to live on a budget and eliminate your debt. This will set you up for success in the future.\""}
{"_id": "235416", "title": "", "text": "&gt; If someone dies and they find **THC in their system**, pot heads band together and say well he was a reckless driver so weed had nothing to do with it. &gt;  &gt;  &gt;  &gt; If the same thing happens and they were **legally drunk**, they will say alcohol was the factor....  You were not comparing apples to apples.   On a separate note, alcohol impairment is specifically ill-suited for driving because of the specific effects of the drug. I'm not advocating for driving stoned, but we should let the facts speak for themselves."}
{"_id": "235435", "title": "", "text": "\"&gt;I'm not going to engage you in a philosophical debate about corporations vs. people.  Corporations are legal structures given a legal status by government to facilitate the cooperation of labor, production and capital. In return for this, corporations are subject to regulations and laws. They are not people. This is something \"\"corporations are people, my friends\"\" needs to learn.   &gt;P.S. Not taxing losses is hardly corporate welfare and GE did not get a tax \"\"refund.\"\"  So where did they get that money from? Where do you think that $3.4billion came from? Do you think that $3.4billion just magically appeared out of thin air? Do you think GE invented a tree that grows money?   That $3.4billion came from taxpayers/US Treasury because GE carried over losses - as such it was refund.\""}
{"_id": "235438", "title": "", "text": "\"Okay, yes! That would seem to make sense. So something like a Dupire local vol model.   In the context of term structure modelling, you can also incorporate a volatility surface into the pricing of European and even exotic options (e.g. through a SABR or an LMM-SABR for exotics), which I suppose means by your criteria there are actually varying degree of \"\"arbitrage free-ness\"\" when it comes to picking a model. By that I mean there are varying degrees of what your model takes as \"\"given\"\". If it takes the market price of risk as given, it's an equilibrium model. If it takes the observed term structure as given, it's an arbitrage free model. If it takes the volatility structure as given, it's something else.  Nawalkha, Beliaeva and Soto wrote a paper called \"\"A New Taxonomy of the Dynamic Term Structure Models\"\" in the Journal of Investment Management that basically coincides with what we're saying.  So yes, it sounds right to me.\""}
{"_id": "235452", "title": "", "text": "There's no harm in keeping them open.  Like you said, closing the lines will potentially hurt your utilization.  The extent of that impact will depend on your particular situation.   There are situations where closing a line will have no actual impact on your utilization.  If you have 100k of open credit and a debt load of $2k, if you close a $10k line you won't really have an issue because your utilization is 2% and closing the line will take you to 2.2%."}
{"_id": "235466", "title": "", "text": "\"I appreciate the time and thought you put into your comment. I, however, disagree with much of what you said. I don't think you understand the \"\"anti-business\"\" mentality at all. In fact calling it antibusiness to me sounds just horribly slanted. The wrongs that are commited by the business community should not be dismissed because they are \"\"hard to track\"\". Even if the statement is true, it doesn't matter. There is no excuse and frankly statements like that sound extremely apologetic.   With that said, I agree with you 100% that a lot of the discourse on this subreddit is not conducive to discussion/learning. I certainly don't want to discourage you from posting. The frustration the \"\"business community\"\" feels by being misunderstood is certainly shared by the other side. If you would like to hear my thoughts on anything specific feel free to ask.\""}
{"_id": "235470", "title": "", "text": "how is it double taxation when you didn't start off with that extra $100?  it's double taxation if they taxed you on the total amount you pulled out of the market, not the profit you made.   explain the math on your last part, please."}
{"_id": "235484", "title": "", "text": "\"Is all interest on a first time home deductible on taxes? What does   that even mean? If I pay $14,000 in taxes will My taxes be $14,000   less. Will my taxable income by that much less? If you use the standard deduction in the US (assuming United States), you will have 0 benefit from a mortgage.   If you itemize deductions, then your interest paid (not principal) and your property tax paid is deductible and reduces your income for tax purposes.  If your marginal tax rate is 25% and you pay $10000 in interest and property tax, then when you file your taxes, you'll owe (or get a refund) of $2500 (marginal tax rate * (amount of interest + property tax)). I have heard the term \"\"The equity on your home is like a bank\"\". What   does that mean? I suppose I could borrow using the equity in my home   as collateral? If you pay an extra $500 to your mortgage, then your equity in your house goes up by $500 as well.   When you pay down the principal by $500 on a car loan (depreciating asset) you end up with less than $500 in value in the car because the car's value is going down.   When you do the same in an appreciating asset, you still have that money available to you though you either need to sell or get a loan to use that money. Are there any other general benefits that would drive me from paying   $800 in rent, to owning a house? There are several other benefits. These are a few of the positives, but know that there are many negatives to home ownership and the cost of real estate transactions usually dictate that buying doesn't make sense until you want to stay put for 5-7 years.   A shorter duration than that usually are better served by renting.  The amount of maintenance on a house you own is almost always under estimated by new home owners.\""}
{"_id": "235519", "title": "", "text": "I'm an old-school Cyberpunk and Shadowrun fan, so I start thinking in those terms, but for now, I'd settle for eyes that can see better than 20/20 and ears that can hear better than normal if I want to buy them.  I have an eye disorder and what I have to go through to get 20/30 vision is fairly difficult for me, but I'm not bad enough that the doctors want to try any more-permanent solution, so I'm stuck with what I've got. If I could pay $20,000 and have a set of 20/15 eyeballs installed that never get old, I'd start saving up for them today."}
{"_id": "235520", "title": "", "text": "So the man spends hundreds, possibly thousands, of hours writing, and more importantly honing material.  Then spends a quarter of a million dollars out of his own pocket to put it in a special and he deserves zero compensation for this?"}
{"_id": "235522", "title": "", "text": "\"It is important to distinguish between cause and effect as well as the supply (saving) versus demand (borrowing) side of money to understand the relationship between interest rates, bond yields, and inflation. What is mean by \"\"interest rates\"\" is usually based on the officially published rates determined by the central bank and is referenced to the overnight lending rate for meeting reserve requirements.  In practice, what the means is, (for example) in the United States the Federal Reserve will have periodic meetings to determine whether to leave this rate alone or to raise or lower the rate.  The new rate is generally determined by their assessment of current and forecast national and global economic conditions and factors in the votes of the various Regional Federal Reserve Presidents.  If the Fed anticipates economic weakness they will tend to lower and keep rates lower, while when the economy seems to be overheated the tendency will be to raise rates. Bond yields are also based on the expectation of future economic conditions, but as determined by market participants.  At times the market will actually \"\"lead\"\" the Fed in bidding bond prices up or down, while at other times it will react after the Fed does.  However, ignoring the varying time lag the two generally will track each other because they are really the same thing.  The only difference is the participants which are collectively determining what the rates/yields are. The inverse relationship between interest rates and inflation is the main reason for fluctuating rates in the first place.  The Fed will tend to raise rates to try to slow inflation, and lower rates when it feels inflation is too low and economic growth should be stimulated.  Likewise, when the economy is doing poorly there is both little inflationary pressure (driving interest rates down both in terms of what savers can accept to keep ahead of inflation and at) and depressed levels of borrowing (reduced demand for money, driving down rates to try to balance supply and demand), and the opposite is true when the economy is booming. Bond yields are thus positively correlated to inflation because during periods of high inflation savers won't want to invest in bonds that don't provide them with an acceptable inflation adjusted yield.  But high interest rates tend to have the effect or reining in inflation because it gets more costly for borrowers and thus puts a damper on new economic activity. So to summarize,\""}
{"_id": "235525", "title": "", "text": "You notice, how at the base of all these funds, investment decisions are still made by humans. For instance, long the dollar, long oil, short this or that, etc. Although quant funds employ a lot of tech and math, it all still boils down to what the managers want to bet on."}
{"_id": "235529", "title": "", "text": "Right now I'm listening to a record on a Sony turntable that was made in the late 1970s.  The beauty of this turntable and the sound it produces is stunning. Its drive system was at the height of technology at the time and in my opinion was never surpassed.  The base is made of a custom-designed sound-deadening material.  Vertical tracking angle and anti-skate can be adjusted while a record plays.  This is a feature that even some very expensive tonearms do not include.  If you flip the mat over, you'll find a very easy to use cartridge alignment protractor--an absolutely necessary accessory that nobody else included for free.  Sony doesn't execute quality design like this anymore.   I got it for next to nothing because Sony has made such a joke of their name that most people assume it's a piece of garbage.  Keep it up, guys--these deals are amazing."}
{"_id": "235531", "title": "", "text": "RonJohn is right, all shares are owned by someone.  Depending on the company, they can be closely held so that nobody wants to sell at a given time.  This can cause the price people are offering to rise until someone sells.  That trade will cause an adjustment in the ticker price of that stock.  Supply and demand at work.  Berkshire Hathaway is an example of this.  The number of shares is low, the demand for them is high, the price per share is high."}
{"_id": "235536", "title": "", "text": "SECTION | CONTENT :--|:-- Title | \u041a\u0430\u043a \u043e\u0431\u043c\u0435\u043d\u044f\u0442\u044c \u0431\u0438\u0442\u043a\u043e\u0438\u043d \u043d\u0430 \u0440\u0443\u0431\u043b\u0438? \u041a\u0430\u043a \u0432\u044b\u0432\u0435\u0441\u0442\u0438 \u0440\u0435\u0430\u043b\u044c\u043d\u044b\u0435 \u0434\u0435\u043d\u0435\u0433\u0438!\u0422\u043e\u043f \u043b\u0443\u0447\u0448\u0438\u0445 \u041e\u0431\u043c\u0435\u043d\u043d\u0438\u043a\u043e\u0432 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b 2017 Description | \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445: | https://fastchange.cc/ref/code/12343568155 \u041c\u043e\u043d\u0438\u0442\u043e\u0440\u0438\u043d\u0433 \u043e\u0431\u043c\u0435\u043d\u043d\u0438\u043a\u043e\u0432:  | Bestchange: https://goo.gl/KIszJQ =========================================== \u00a6 \u0411\u0438\u043d\u0430\u0440\u043d\u044b\u0435 \u043e\u043f\u0446\u0438\u043e\u043d\u044b \u041e\u043b\u0438\u043c\u043f \u0422\u0440\u0435\u0439\u0434 https://goo.gl/DKryBH ====== \u0412\u0441\u0442\u0443\u043f\u0430\u0439\u0442\u0435 \u0432 \u041c\u043e\u044e \u043a\u043e\u043c\u0430\u043d\u0434\u0443! =============== \u00a6? \u041c\u043e\u044f \u0433\u0440\u0443\u043f\u043f\u0430 https://vk.com/criptovaluta2016 ====== \u041a\u0430\u043a \u0441\u0432\u044f\u0437\u0430\u0442\u044c\u0441\u044f \u0441\u043e \u043c\u043d\u043e\u0439 =============== \u00a6? \u042f \u0432 VK \u21161: https://vk.com/a.alex81 \u00a6? \u042f \u0432 \u041e\u0434\u043d\u043e\u043a\u043b\u0430\u0441\u0441\u043d\u0438\u043a\u0430\u0445: https://ok.ru/alex6373 \u00a6? \u042f \u0432 Facebook: https://www.facebook.c... Length | 0:06:04           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "235538", "title": "", "text": "\"I disagree that they are taxis, which is why I think that consumers should realize they don't offer the same protections.  The argument for more regulations is that \"\"Taxis have regulations to keep people safe.\"\"  Well, ok, let's go with that premise. People are OK with \"\"ride-sharing\"\" services because of the many added benefits, but they also know that these services aren't taxis. Does everyone who uses them know they might be taking on an additional risk? Probably not. But I'd guess most people would be OK with fewer protections in order to use the added value from these services.  Basically, it shouldn't HAVE to be a level playing field. If consumers willingly forfeit the protections taxis offer, then that is their choice.\""}
{"_id": "235545", "title": "", "text": "The short term loan that accept any credit score is really merchant cash advance. They call it loan because clients do have options to pay as direct deposit but most of the times they would make clients switch to their credit card terminals so they can get percentage of daily sales as payment as well as percentage from their partner credit card company. And that kind of payment (percentage of daily credit card sales) is merchant cash advance."}
{"_id": "235561", "title": "", "text": "\"https://www.nytimes.com/2015/06/04/us/last-task-after-layoff-at-disney-train-foreign-replacements.html  \"\"Too often, critics say, the visas are being used to bring in immigrants to do the work of Americans for less money, with laid-off American workers having to train their replacements.\"\"  If it is a common saying of the critics, then perhaps there is a kernel of truth in there, somewhere. Perhaps not, huh; let's give the benefit of the doubt to the for-profit, multi-billion dollar, multi-national corporation, and assume they have the US workers' best interest in mind. /sarcasm\""}
{"_id": "235576", "title": "", "text": "More on a technical note, but the spread on an ETF tends to be worst at market open and near market close. (assuming the ETF constituents are traded on a synchronous basis.) If possible, it's often best to let market makers get up and running before allowing your order to flow into market."}
{"_id": "235592", "title": "", "text": "R has really good package that lets you calculate the return of rebalanced portfolios. The package is called: PerformanceAnalytics (see: http://www.inside-r.org/packages/cran/PerformanceAnalytics/docs/Return.portfolio). I quickly wrote a small script for you that lets you do exactly what you want.  Code: By default the portfolio is rebalanced to an equally weighted portfolio. It is also possible to rebalance your portfolio using custom weights. See the documentation on how to do this.  In order for this code to work you need to have your data already in return terms. You can do this easily in Excel. Make sure your data in excel looks like this: Than export your data to a CSV file. Note: before you run the code make sure you have installed the package PerformanceAnalytics. You can do this as follows:  Let me know if you have any questions regarding the above."}
{"_id": "235619", "title": "", "text": "Markets react to future possibilities.  Trump has promises future possibilities of regulation and tax cuts .  As well as jobs coming back .  Who knows if he will deliver .  At this point in time , it doesn't matter"}
{"_id": "235624", "title": "", "text": "\"It's legal. That's what a home equity loan is, for example. More generally, what you're talking about is a \"\"second mortgage\"\". It has no effect on the primary mortgage that you've already made to your bank; they're still secured, and if you get foreclosed, they get paid, and only if there's something left over does the second mortgage holder get anything. That's why second mortgages are more risky than first mortgages, and why you might have trouble finding someone willing to do it.\""}
{"_id": "235628", "title": "", "text": "If the company that owns the lot is selling them it is doing so because it feels it will make more money doing so.  You need to read carefully what it is you are getting and what the guarantees are from the owner of the property and the parking structure.  I have heard from friends in Chicago that said there are people who will sell spaces they do not own as a scam.  There are also companies that declare bankruptcy and go out of business after signing long term leases for their spots.  They sell the lot to another company(which they have an interest in) and all the leases that they sold are now void so they can resell the spots.  Because of this if I were going to invest in a parking space, I would make sure: The company making the offer is reputable and solvent Check for plans for major construction/demolition nearby that would impact your short and long term prospects for rent. Full time Rental would Recoup my investment in less than 5 years.  Preferably 3 years.  The risk on this is too high for me with out that kind of return."}
{"_id": "235631", "title": "", "text": "\"Couple things, I will admit I was wrong about the total graduates at each of those programs; however, numbers taper out the lower the program is down to about 250-300 a class. Also, cut each of those numbers down to about 1/2 - 1/3 and you get the group that's actually focused on finance. Many MBAs do consulting, marketing, product development, etc nowadays.  Also I'm a bit offended by you saying I don't understand the CFA. Couldn't be more mistaken boss, I'm siting for L3 in June like you. The requirement is only 2 years in an \"\"investment decision\"\" role, this also means A LOT of back office risk guys qualify. That's a pretty fungible qualification, you don't have to be a PM to qualify. I have a buddy who qualified having done 2 years in fund accounting, not exactly sell-side ER.  I'm also going to guess you're a trader/brokerage/Cap Markets guy? If you wanna throw titles around I'm in a front office role at a BB, too, and worked at worked on buy-side research at a &gt;$150bn value shop. CFA is definitely more desired in sell-side markets focused as opposed to IBD where an MBA is more useful (more strategy focused).   The CFA is vital for boning up on quantitative skills an MBA won't cover, I'll absolutely give you that. But a lot of people fall into the trap of assuming a CFA is their ticket to bigger and better things. If you're working in back office risk management, getting a CFA doesn't immediately qualify you to do ER (which is a VERY common pitfall I see). Like an MBA it teaches everyone how to do the same type of analysis, too (another reason  the title means less and less).   Last weekend I had a conversation with a friend of a friend about this very thing! He's sitting for L3 CFA, works back office at a very notable HF, and expects to be moved up (without any indication that he will) to research when he's done. I asked his opinions about things like the European situation, fiscal cliff, and a hard landing in china. Not only was he not familiar these concepts he didn't even know what HFT was. The CFA gives you the tools to analyze the impacts of pension liabilities on EPS, but it still takes a passion about the markets, as well as creative/analytical judgement, to make it to ER.   My only point is an MBA and CFA are very similar in many ways. Both tend to hold their noses way to high, too. It's about what you chose to get out of it and too often people care more about the title than the process, which is why they are still stuck in mediocrity after completing the designations.   Go through a list of the biggest PMs in the business, most don't have either MBAs or CFAs! They achieved alpha by not following standard quantitative models but exploring creative and strategic avenues others undervalue while maintaining strict discipline. A model is a tool to better describe behavior and understanding of markets, it's not a solution.\""}
{"_id": "235646", "title": "", "text": "Incredible article, tons of data. Thank you!   It does answer the above posters question if you're willing to read through. It provides data with and without 'revolving debt'.  Side note; interesting to see how age and income trend. Debt increasing during the family-middle aged years, and during the peak income earning years.  I'd say you want these credit card debt lower overall and on average; but with the distribution it may be sustainable."}
{"_id": "235653", "title": "", "text": "You are looking for r/personalfinance.  But it'd probably be best to put your excess monies in a savings account, not worrying about 401k/retirement contributions until you get a full time job, post college.    Don't listen to the pussies that will tell you to invest it in a vagaurd account or your 401k.  The money is more important to you as an emergency fund you can access immediately.  At most you'll see a 4-5% return on your meager savings, amounting to less than $100/year."}
{"_id": "235655", "title": "", "text": "I agree with the others that the ROTH is probably better. See this list of benefit/cost comparison (as opposed to rule differences)http://en.wikipedia.org/w/index.php?title=Comparison_of_401%28k%29_and_IRA_accounts&oldid=582368417"}
{"_id": "235668", "title": "", "text": "Its impact on battery life is an interesting sidenote to this.  Having a battery that's capable of 75 kwh, but only ever using 60 kwh, will help extend the battery life.  So if you pay for that 75 kwh software upgrade, and you use it, you're also shortening your battery's lifespan."}
{"_id": "235670", "title": "", "text": "\"Then why is it that no one needs to do such audits in private corporations?  It's as if they assume that every public employee is corrupt, and from my experience it wouldn't be too far from the truth.  In a private organization there's a sense of responsibility that's entirely unknown in the public sector. There's no need to count office chairs because if one of them would go missing someone would report it immediately. In the public sector everyone would say \"\"it's not my job to count chairs\"\".\""}
{"_id": "235679", "title": "", "text": "\"While I agree with this, I also think a tiny fraction of that mentality comes from the simple notion that: you can find a desk job that pays great, so why work a hard manual job that also pays great?   Take the average worker, and tell them \"\"You can do manual labor for $xx,000/yr, or you can do a desk job for $xx,000/yr\"\". Most people will pick the desk job for obvious reasons. So it's not just the belief that certain jobs are below them (although that IS most of it), but the simple notion that we were sold over the last 30 years that desk workers in cubicle farms can make as much money as someone working a labor/manual job, so go for the desk job.\""}
{"_id": "235700", "title": "", "text": "\"Annuities are usually not good deals. Commissions to the salesman can be as high as 9% of the initial premium. They're not scams, just not the best deals for most circumstances. Basically, these things are a combination of an investment vehicle and multiple insurance policies, including permanent insurance. The 8.2% \"\"return\"\" is the total cash value of the account, which your heirs get if you die.\""}
{"_id": "235708", "title": "", "text": "\"Yeah the biggest problem with this is that it far more heavily taxes the poor than the rich.  Poor people spend *all of their income.*  Month-to-month, living paycheck-to-paycheck, poor people have no choice but to spend their entire incomes on basic necessities, utilities, etc.  Rich people on the other hand spend very little of their incomes.  Most of it gets stashed in hedgefunds and overseas holdings and doesn't really \"\"change hands\"\" in a way that allows it to be taxed under this style of tax structure.  So your tax continuously hits 100% of the wealth of the bottom 75%(ish) of households while largely bypassing the rich folks who have more money than they can *spend*.  In short, this kind of tax structure is really bad for anyone who doesn't make $300k+ a year and store most of their wealth in stocks and so forth.  If you want to help the general public (households making less than $300k/year), you need to generate more tax revenue from *investments* and *capital gains*.  A 2% tax, say, on stock trades valued over $10,000 obviously wouldn't hurt poor people at all, and also wouldn't really hurt the rich.  Cuz if you've got 10 grand (or a hundred, or thousand, or whatever) to stash in shares of Amazon or whatever, you're really not gonna miss the $200 that comes off the top of your trade.  But this *would* generate huge tax revenue, as there are thousands of such transfers a day.\""}
{"_id": "235711", "title": "", "text": "According to something I read geography doesn't matter. Basically you could be the King of South Dakota with a $75k family income, that's property on a lake, a boat, horses, and all kinds of cool stuff. In a nice city $75k wouldn't get you as much stuff, but you'd have more people around you and more amenities. (Looking, but I can't find the source at the moment)  However geography has a large impact on happiness, a Hawaiian with $75k income is on average happier than a New Yorker with a $75k income, more money wouldn't make either of them happier though.   http://www.sciencedaily.com/releases/2009/12/091217141314.htm"}
{"_id": "235720", "title": "", "text": "Wikipedia makes no mention of this whatsoever; only that they are direct competitors and they have different CEOs. Also both companies have multiple factories, not one that they somehow share. Is it possible you experienced a mild head injury sometime this morning?"}
{"_id": "235763", "title": "", "text": "**Human sex ratio**  In anthropology and demography, the human sex ratio is the ratio of males to females in a population. More data are available for humans than for any other species, and the human sex ratio is more studied than that of any other species, but interpreting these statistics can be difficult.  Like most sexual species, the sex ratio in humans is approximately 1:1. Due to higher female fetal mortality, the sex ratio at birth worldwide is commonly thought to be 107 boys to 100 girls, although this value is subject to debate in the scientific community.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "235765", "title": "", "text": "Compound Stock Earnings talks about how to invest your money in the stock market and come out on top every time. Investing in the stock market is never an easy job and let\u2019s be honest; in today\u2019s world making consistent profit returns has become increasingly more difficult."}
{"_id": "235772", "title": "", "text": "Don't ever, ever, ever let someone else handle your money, unless you want somebody else have your money. Nobody can guarantee a return on stocks. That's utter bullshit. Stock go up and down according to market emotions. How can your guru predict the market's future emotions? Keep your head cool with stocks. Only buy when you are 'sure' you are not going to need the money in the next 10 years. Buy obligations before stocks, invest in 'defensive' stocks before investing in 'aggressive' stocks. Keep more money in obligations and defensive stock than in aggressive stocks. See how you can do by yourself. Before buying (or selling) anything, think about the risks, the market, the expert's opinion about this investment, etc. Set a target for selling (and adjust the target according to the performance of the stock). Before investing, try to learn about investing, really. I've made my mistakes, you'll make yours, let's hope they're not the same :)"}
{"_id": "235779", "title": "", "text": "I have had this happen a couple of times because of splits or sales of portions of the company.  The general timeline was to announce how the split was to be handled; then the split; then a freeze in purchasing stock in the other company; then a freeze in sales; followed by a short blackout period; then the final transfers to funds/options/cash based on a mapping announced at the start of the process. You need to answer two questions: To determine if the final transactions will make the market move you have to understand how many shares are involved compared to the typical daily volume. There are two caveats: professional investors will be aware of the transaction date and can either ignore the employee transactions or try and take advantage of them; There may also be a mirroring set of transactions if the people left in the old company were awarded shares in your company as part of the sale. If you are happy with the default mapping then you can do nothing, and let the transaction happen based on the announced timeline. It is easy, and you don't have to worry about deadlines. If you don't like the default mapping then you need to know when the blackout period starts, so you don't end up not being able to perform the steps you want when you want.  Timing is up to you. If the market doesn't like the acquisition/split it make make sense to make the move now, or wait until the last possible day depending on which part they don't like. Only you can answer that question."}
{"_id": "235791", "title": "", "text": "\"Are you being facetious? If so, are you really that dense? Viruses don't have to be on \"\"the network\"\" to cause damage. Someone accessing sensitive information from a compromised device could unknowingly leak company secrets. Smartphones and tablets do get viruses, and it only takes one device to see one file that happens to contain sensitive information.\""}
{"_id": "235796", "title": "", "text": "I needed to get my building's dryer vent cleaned, and decided to go with Sears Air Duct cleaning because I wanted to deal with a reputable company instead of using one of these fly-by-night companies with the $50 coupon deals you get in the mail.  I cost $400 to get the dryer and HVAC vents cleaned, and the guy ruined almost every corner in my apartment, which required me to repaint me entire place at a cost of hundreds of dollars in paint. When the hose wrapped around the corners the abrasion took off the paint and left scuff marks everywhere. I pointed it out to him *as* it was happeneing, and Tony from Staten Island's response was that there was nothing he could do about it.   And when he tried to clean out  the dryer vent he broke off the louver from the outside vent, so now bugs or birds can fly inside it.      **tl;dr**  Never deal with Sears for HVAC/dyer vent cleaning. Your place will be dirter than if you just left it alone."}
{"_id": "235807", "title": "", "text": "The debt is owed to banks.  So, until people get control of the banks and cease to let banks control the government the answer is no.  There are systems in which the currency could be issued by government or in the name of the people, which would not necessitate increasing indebtedness to banks to increase money supply to support a growing economy.  As currencies now stand, we are paying a tax to banks in the form of debt for the growth of the economy.  The faster an economy grows, the greater the debt.  In addition, when an economy shrinks in a recession, the debt does not shrink and becomes more burdensome, stifling its ability to recover.  If currency were an asset it would shrink with the economy and pose no burden to its recovery."}
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{"_id": "235814", "title": "", "text": "true but the GOP supports this network and framework of US law that actually encourages businesses to do this.  Dems like Obama want to do a minimum tax for multinationals to make american employees more attractive and to end some of the tax hiding these corps which depend on the american military and good name to make a profit.  The GOP are against this.  we shouldnt give corporate america a free reign and then ask the american worker to compete with workers in other countries that dont give a fuck about the enviroment. They dont care if they kill every fish in the rivers. To compete with workers that live in countries with zero labor laws.  The answer is NOT TO FUCK OUT ENVIROMENT.  THE ANSWER IS NOT FOR AMERICANS TO TAKE PAY CUTS.  THE ANSWER IS NOT OUTSOURCING.  THE ANSWER IS NOT TO DO AWAY WITH OUR CLEAN AIR AND CLEAN WATER LAWS.  the answer is to make it less profitable for corps that enjoy all the benefits of being american, for them to send jobs overseas, The easiest way to do this is with tax code.  You cant just have your base in america.. use our army, our intelligence services, and our strong arming, and courts, but then only employ people in china."}
{"_id": "235820", "title": "", "text": "\"I was recently terminated from a company that promoted its company culture as one of the mainstays of the perks there. I can assure you that in many cases, it is all a facade for any company claiming how amazing their culture is. You can easily go to Glassdoor and check out the reviews and get an idea of what the true company culture is like.  At this particular company, it was almost cult-like in how they pushed the culture down your throats. Every Monday was a \"\"TGIM\"\" Monday and every department hold meetings after 6PM. Part of the ritual was that dinner would be served every Monday night, catered from popular restaurants around the city. Most people don't get home until 8-10PM and most of them start 8-9AM. If you failed to show up for these TGIM's you were an outcast and managers often confront those that they noticed were not present.   Of course one of the big selling points of working at this company was the many \"\"perks\"\" they try to entice you with. Beer on tap on every floor, free coffee and spa water, tons of snacks on a weekly basis, company events, wellness programs, etc. Of course they will often pay you 30-40% under the market rate for your skills. In fact, almost everyone I knew there have told me they took a pay cut to work for this company. The company would also hold major annual corporate events, namely a huge \"\"Summer Camp\"\" event where they will fly everyone in around from the world and spend 4 days at a weekend retreat. There's also an annual company summit where, again the company flies everyone in to a location to hold a major conference. All of these events however, cuts into your actual vacation time as they subtract it away from your accrued vacation. These events are mandatory for all employees to attend.  Underneath the facade of \"\"culture\"\", the management was extremely toxic. If you did not drink the koolaid, you were almost assuredly on your way out. As this is an at-will company, I would often see people let go for the most stupid reasons, if any were even given (including myself). Anybody who voiced concerns or had different ideas going against someone in charge were soon to be \"\"performance managed\"\" out of the company.  I highly encourage anyone looking for a job to check out the prospective company's Glassdoor page. It is a great resource and will truly give you an idea about what kind of ride you'll be in for.\""}
{"_id": "235823", "title": "", "text": "Best bet is to talk to a lawyer who is familiar with the area.  Most will give you a free consult or bill you for an hour.  Bring the contract.  You don't want to end up in small claims court (or worse) because your writer doesn't agree with you.  If you can't cough up $200 for this, you need to rethink if you are in business or playing at being in business."}
{"_id": "235825", "title": "", "text": "You have multiple things going on some of which will work in opposite directions. This is a second job for the family so that their income will be added onto of the main income. This generally means that the 2nd income has too little tax withheld. The tax tables used by employers have no way of handling this situation. This 2nd job is being started part way though the tax year, so too much in taxes is withheld. If they make 2,000 a month for 4 months that would mean 8,000 in income; but the tax tables used by the employer withhold at the $24,000 per year rate. The third issue is the great variation in the number of hours per pay period. This means that too much is withheld in checks with the most hours, and too little in the ones with the least hours. For this year you have a reprieve. As long as you make the safe-harbor levels for federal withholding, you can avoid penalties when you file next spring. To do so just make sure that the withholding of all the jobs in the family equal or exceed the total income tax for the family last year. Note this isn't equal to last years withholding, or equal to the refund last year, but the total tax you should have paid. The general advice is to set the smaller income to have 0 exemptions, and use the W-4 for the larger income to make adjustments. In the past I have done this to make sure that we make the safe-harbor level. You can make adjustments in the new year once you know what the safe harbor goal is for the rest of the year."}
{"_id": "235829", "title": "", "text": "I have watched the ticker when I have made a transaction. About \u00bc of the time my buy (or sell) actually moves the going price. But that price movement is wiped out by other transactions within two (or so) munites.  Is your uncle correct? Yes. Will anyone notice? No."}
{"_id": "235841", "title": "", "text": "\"Over-simplification of the problem.  To get a well paying job requires a degree these days.  Not everyone has the money to pay for college without a loan.  Does that mean they shouldn't be able to get a well paying job?  That isn't including production increasing and school prices increasing while wages stagnate, exacerbating the issue.  Real responsibility would include our responsibility to nurture and build a great nation, education, and value for EVERYONE, not just ourselves and those we decide \"\"deserve\"\" it.\""}
{"_id": "235850", "title": "", "text": "The only time I went there they rolled my burrito sideways so all the meat was on one end and the other goodies at the other end.  I had to reassemble my burrito like a peasant and of course it was falling apart all over the place. It wasn't that tasty either. I remember I got the barbacoa and it was meh.  We have several mexican taquerias in town so I just went back to those instead. Cheaper, better food."}
{"_id": "235855", "title": "", "text": "\"It's not so much a matter of your age as it is a matter of what your current tax rate is vs. what your tax rate will be when you take out the money.  As long as your current tax rate is lower than what you anticipate it will be when you withdraw the money, it makes sense to pay the tax now. Of course you can't know for certain what your tax rate will be when you take out your money, but the answer for most people is going to be \"\"higher than it is now\"\".  Some reasons why: As you age you start to lose deductions (home mortgage gets paid off, kids grow up and move out).  You likely won't gain any new deductions that would lower your tax rate as you age, you'll only lose them. Tax rates now are historically low, and budget deficits are high.  That means that higher tax rates are almost certainly coming. So unless your circumstances are very unusual, I would pretty much always recommend saving after-tax dollars. Now that I've said that, I'll throw a small wrench into that plan - when you save with a Roth IRA, you are paying taxes today with the anticipation that you won't have to pay taxes later.  But this may not necessarily be the case: The government could decide to tax Roth IRA gains in the future (would be a very unpopular move, but if they decided to do it, who's to stop them?) The government could change the tax system by lowering income tax rates and creating a VAT, or instituting something like the \"\"Flat Tax\"\".  Your Roth money is exempt from income tax, but not from a VAT or national sales tax. So, you also need to consider the possibility of those things happening and how that would affect you.  Ten years ago nobody would have dreamed of the US having a VAT, but now it looks more and more possible.\""}
{"_id": "235858", "title": "", "text": "Actually that is really interesting and I noticed it myself but it never clicked. I work with multiple groups in different areas and also in my own company and I'm the youngest by far (also 28). Everyone around me at the very youngest has kids and most are 50+ year olds. I don't know how it'll play out come 10 years from now but it'll be interesting to say the least."}
{"_id": "235867", "title": "", "text": "Ah. So if you don't work hard and don't succeed it's because society failed to scoop you up and give you a helping hand. If you do work hard and succeed you're a workaholic.      Since I finished school I dropped 55 pounds and spend about six hours a week doing vigorous physical exercise. Statistically, if anything is going to kill me it's probably going to be a car accident on the way to work."}
{"_id": "235910", "title": "", "text": "As Mhoran said, the risks of buying a bankrupt company are huge, and even successful bankruptcy turnarounds don't involve keeping the same stock. For instance, the GM bankruptcy was resolved by the company more or less selling all its valuable assets (brands, factories, inventory) to a new version of itself, using that money to pay off what liabilities it could, and then dissolving. The new company then issued new stock, and you had to buy the new stock to see it rise; the old stock became worthless. AA could have gone the same way; Delta could have bought it out of bankruptcy and consumed it outright, with any remaining shareholders being paid off at market value. That's probably the best the market was hoping for. Instead, the deal is a much more equal merger; AMR brings a very large airport network and aircraft fleet to the table, and Delta brings its cash, an also-considerable fleet and network, and a management team that's kept that airline solvent. The stockholders, therefore, expect to be paid off at a much higher per-share price, either in a new combined stock, in Delta stock, or in cash."}
{"_id": "235917", "title": "", "text": "This is slightly opinion based. Is it appropriate to invest small amounts for short periods of time?  At your age and the time period, I would say NO. This is because although the index fund do return 6-7% on average, there are several times it blips and goes negative as well. Stock Markets in short periods like 6 months can be unpredictable. At times a downturn will remain stagnant for periods of 2-3 years before suddenly zoom ahead. If you are not to particular about the time when you need the changes done; i.e. the changes can in worst case wait for few years; then yes investing in Index fund would make sense.  Else you are well off keeping this in savings. Try CD's if they can offer better rates for such durations."}
{"_id": "235919", "title": "", "text": "I love graphs, but graphs don't tell stories.  Graphs just represent data.  The author of this article is looking at graphs that represent significatly different data sets and saying that the poor jobs data is significatly releated to excessive ceo pay.  The author also fails to prove a correlation between the two (Showing graphs with different axis and different scales doesn't count).  I wish correlation equaled causation, but it doesn't."}
{"_id": "235925", "title": "", "text": "\"I have a very simple rule. For anything other than trivial purchases (a small fraction of my monthly income), the only final decision I will make in the presence of a salesperson is \"\"No\"\". After I have the terms nailed down, and still feel that I am likely to buy the item, I leave the store, car dealership etc., and think about it by myself. Often, I go to a mall coffee shop to do the thinking. If it is really big, I sleep on it and make my decision the next day. Once I have made my decision, I inform the salesperson. If the decision is \"\"No\"\" I do not discuss my reasons - that gives them an overcome-the-objection lever. I just tell them I have decided not to buy the item, which is all they need to know.\""}
{"_id": "235930", "title": "", "text": "\"tl;dr: Anyone who doesn't like what VISA and MasterCard did to wikileaks should not be in favour of this.  This is a slippery slope (yes, really), where participating the the marketplace shall only be allowed by people the powers that be likes. What is \"\"intolerance\"\"? Should James Damore never be allowed to use paypal for any purpose? How about VISA, MasterCard, should he never be allowed to have a credit card again?  If the government doesn't \"\"like\"\" what you're doing then they have made (or can make) it illegal, and you are taken out of the marketplace of ideas and money, if the government thinks this is best.  This is government-sized actions (denying people the possibility to deal with money) done extrajudicially by private entities.  \"\"I have decided that your legal enterprise should not be allowed to make money\"\" is terrible!  If you are in favour of this then you should be in favour of the phone company, the electricity company, and gas company to deny service to anyone who's ever been accused of being a paedophile.\""}
{"_id": "235935", "title": "", "text": "For various reasons, if you can defer tax payment, it's good for you [when you can give uncle sam $x tomorrow, why give it today?]. Some reasons are, you may plan to return back to your country after x years and then you can pay tax at a lower bracket [e.g. convert 401k to Rollover-IRA then do Roth-conversion and pay lower tax bracket]. Paying now versus later is purely based on your anticipated future tax bracket. [if future bracket is same.. say 25% today and after say 20 years, 25%.. there is absolutely no difference between today payment or future payment of tax -- you can mathematically prove the returns are the same for Roth-IRA (or Roth-401k) versus IRA (or 401k)]. Having a bigger balance (in case of 401k compared to roth-401k) can also give you a sense of more security -- since there are provisions for hardship withdrawal (tax may be due)"}
{"_id": "235954", "title": "", "text": "So fuck everyone else as long as America is OK? I can put words in your mouth too. People will always do anything they can to improve their own living, at all levels and in all places. I'm not for decreasing standards of living any more than I'm for drunk driving. I'm just saying if you want things to improve for you, you are the most capable and responsible for making it happen. Don't count on some nanny fixing your wages or your prices. Selfishness is built into the human psyche. Flying under the banner of public good doesn't change that one little but."}
{"_id": "235958", "title": "", "text": "That's actually way too much money for some people to spend on a single newspaper subscription. They cost about the same as Netflix or Amazon Prime, but provide significantly lower value. They are competing with the rest of the internet and TV, so they need to price themselves accordingly."}
{"_id": "235963", "title": "", "text": "&gt; As a parent, I call bullshit on this.  I don't see why. You are confident your kids will be have more chances than you did because you are passing your wisdom onto them. Aren't they lucky to have you as parents?  &gt; ...a dynastic focus on generational wealth building simply cannot be called only luck.  Nobody is suggesting that wealthy people don't work.  I think the point of this article is that the poor work just as hard if not harder but kids from less successful households are naturally going to be taught life skills that are less effective."}
{"_id": "235970", "title": "", "text": "'We don't have low oil prices'  Yeah what reality is this author in? 90% of your spending money set up coming from $140 a barrel. Needs to be at $120 to fund your gov. Free gas at the pump. Oil crashed to $40. Socialism to blame!!......"}
{"_id": "235972", "title": "", "text": "\"You have several options depending on your tolerance for risk. Certainly open an investment account with your bank or through any of the popular discount brokerage services. Then take however much money you're willing to invest and start earning some returns! You can split up the money into various investments, too. A typical default strategy is to take any money you won't need for the long term and put it in an Index Fund like the S&P 500 (or a European equivalent). Yes, it could go down, especially in the short term, but you can sell shares at any time so you're only 2-3 days away at any time from liquidity. Historically this money will generate a positive return in the long run. For smaller time frames, a short-term bond fund often gives a slightly better return than a money market account and some people (like me!) use short-term bond funds as if it were a money market account. There is a very low but real risk of having the fund lose value. So you could take a certain percentage of your money and keep it \"\"close\"\" in a bond fund. Likewise, you can sell shares at any time, win or lose and have the cash available within a couple days.\""}
{"_id": "235974", "title": "", "text": "\"If the job looks good, I wouldn't let having to relocate stop you. Some companies will help you with relocation expenses, like paying travel expenses, the movers, the security deposit on an apartment, etc. It doesn't hurt to ask if they \"\"help with moving expenses\"\". If they say no, fine. I wouldn't expect a company to decide not to hire you  for asking such a question. I would certainly not buy immediately upon moving. Buying a house is a serious long-term commitment. What if after a few months you discover that this job is not what you thought it was? What if you discover that you hate the area for whatever reason? Etc. Or even if you are absolutely sure that won't happen, it's very hard to buy a house long distance. How many trips can you make to look at different houses, learn about neighborhoods, get a feel for market prices, etc? A few years ago I moved just a couple of hundred miles to a neighboring state, and I rented an apartment for about 2 years before buying a house, for all these reasons. Assuming the company won't help with moving expenses, do you have the cash to make the move? If you're tight, it doesn't have to be all that expensive. If you're six months out of college you probably don't have a lot of stuff. (When I got my first job out of college, I fit everything I owned in the back seat of my Pinto, and tied my one piece of furniture to the roof. :-) If you can't fit all your stuff in your car, rent a truck and a tow bar to pull your car behind. Get a cheap apartment. You'll probably have to pay the first month's rent plus a security deposit. You can usually furnish your first apartment from garage sales and the like very cheaply. If you don't have the cash, do you have credit cards, or can your parents loan you some money? (They might be willing to loan you money to get you out of their house!)\""}
{"_id": "235980", "title": "", "text": "Don't forget how the author, in only three sentences.  (1) Scolds the CEO for steering away from tablets.  (2) Trash talks their latest tablet product.  (3) Notes how the company has been trying to market tablets for a decade.  I guess you can write an article that appeals to everyone if you take every possible viewpoint at the same time, and hope your readers are idiots."}
{"_id": "236006", "title": "", "text": "Yes, each of Vanguard's mutual funds looks only at its own shares when deciding to upgrade/downgrade the shares to/from Admiral status. To the best of my knowledge, if you hold a fund in an IRA as well as a separate investment,  the shares are not totaled in deciding whether or not the shares are accorded Admiral shares status; each account is considered separately.  Also, for many funds, the minimum investment value is not $10K but is much larger (used to be $100K a long time ago, but recently the rules have been relaxed somewhat)."}
{"_id": "236031", "title": "", "text": "India is better as the exchange rate conversion will be better. In the US, banks or exchange rate converters do not hold much INR and likely to quote a much worse rate. Best way is to open HSBC premier accounts in both US and India and use their global transfers as in premier accounts the conversion rates are usually decent. HSBC Premier also has good tools to link two accounts, so the process would be transparent. Best conversion rates are given by Middle East banks or FX converters due to the large number of Indians working there, but I suspect opening a bank account in Dubai might not be feasible."}
{"_id": "236036", "title": "", "text": "For Vanguard: Vanguard does compare its fees with similar funds from its competitors on this tab, but then again, this is Vanguard giving you this information, so take with a grain of salt."}
{"_id": "236082", "title": "", "text": "\"There are 2 maxims that help make sense of insurance: Following those 2 rules, \"\"normal\"\" insurance makes sense. Can't afford to replace your car? insure it. Can afford to lose your TV? Don't insure it. People with a net worth in the low millions have very similar insurance needs to the middle class. For example, they might be able to afford a new car when they total it, but they probably can't afford to pay for the long term care of the person they accidentally ran over. Similarly, they probably need to insure their million dollar house, just like average people insure more affordable housing.  \"\"Very wealthy\"\" people still have the same basic choices, but for different assets.  If you are a billionaire, then you might not bother to insure your $30k childhood home or your fleet vehicles, but you probably would insure your $250m mansion, your $100m yacht and your more pricey collectible cars.  It's also worth noting that \"\"very wealthy\"\" people are at much higher risk of being sued for negligence or personal injury. As such, they are more likely to purchase personal liability or umbrella insurance coverage to protect against such risks. Multi-million-dollar personal injury suits would never be filed against a poorer person simply because they couldn't afford to pay even the plaintiff's lawyer fees when they lost the court case. Insurance also makes sense when the insurance company is likely to (grossly) underestimate the risk they are taking.  For example, if I am a really bad driver, but i have a clean record thanks to my army of lawyers, then insurance might actually be a good deal for me even on average. To take the \"\"very wealthy\"\" stereotypes to the extreme, perhaps my eccentric billionaire neighbor and I are in an escalating feud which I think will result in my butler \"\"accidentally\"\" running his car into my neighbor's precious 1961 Ferrari.\""}
{"_id": "236087", "title": "", "text": "\"Right, but there were tangible reasons that made sense. That was fueled by a cycle of predatory loans and consumers being dumb enough to think that just because they got approved for a $500K house with a 500 credit score meant they should definitely take out massive loans and buy it. This was piled on by the derivative market, specifically credit default swaps, which certain people recognized as creating a liquidity issue. They didn't know *when* the crash was going to occur. They just knew that the asset bubble fueled by massive debt, with this debt being falsely rated as AAA when most of it was Junk, left banks in a position of complete insolvency when the mortgage defaults reached a certain point. When people realized the extent of the debt, (e.g. knowing with common sense that people with a 550 credit score shouldn't have 7 properties and be allowed to be that over-leveraged, let alone be rated AAA) and the amount of derivatives that would have to be paid out on top of having no cash flow due to mortgage defaults, they recognized that a bubble bursting would wreak havoc on the economy.       That had a lot of moving parts. Simply saying \"\"DAE OVERVALUED RECORD HIGHS CRASH COMING SOON!??!?!?!??!!??!?!?!? WHEN!??!?! HOW!!?\"\" is fucking stupid. Nobody knows. What evidence did OP offer? Not that he wouldn't still get laughed out because this topic is fucking annoying with thousands of people crying \"\"overvalued\"\", but he didn't even mention P/E ratio or anything. He literally came in and basically said \"\"when is it all gonna fall apart?\"\". Nobody knows the answer.\""}
{"_id": "236114", "title": "", "text": "There are ways to avoid having federal income taxes withheld:  In order to avoid withholding altogether, you\u2019ll have to fall into   both of the following categories: you have no tax liability this year   and you had no tax liability in the previous tax season, so all of the   federal income tax you paid was given back to you. Generally, you can   say you have no tax liability when you\u2019re not required to file an   income tax return or you owe zero taxes. You may also be able to claim   an exemption if your earned income for the year is extremely low   ($1,050 or less). If those conditions apply to you, you can write \u201cexempt\u201d in line 7.   Keep in mind that the exemption only eliminates your federal income   taxes, not your Medicare or Social Security. If your parents use an accountant to prepare their taxes, I'm sure he/she would be able to give you a solid answer on how to fill it out."}
{"_id": "236122", "title": "", "text": "The answer on the Canadian Government's website is pretty clear:  Most employees cannot claim employment expenses. You cannot deduct the   cost of travel to and from work, or other expenses, such as most tools   and clothing. However, that is most likely related to a personal vehicle. There is a deduction related to Public Transportation:  You can claim cost of monthly public transit passes or passes of   longer duration such as an annual pass for travel within Canada on   public transit for 2016. The second sleeping residence is hard to justify as the individual is choosing to work in this town and this individual is choosing to spent the night there - it is not currently a work requirement.  As always, please consult a certified tax professional in your country for any final determinations on personal (and corporate) tax laws and filings."}
{"_id": "236133", "title": "", "text": "\"I place a trade, a limit order on a thinly traded stock. I want to buy 1000 shares at $10. The current price is $10.50. Someone places a market order for 500 shares. Another trader has a limit order for $10.10 for 400 shares. His order fills, and I get 100 at my price. I wait another day to see if I get any more shares. This is just an example of how it can work. I can place my order as \"\"all or none\"\" if I wish to avoid this.\""}
{"_id": "236146", "title": "", "text": "\"Inflation as defined in the general, has many impacts at a personal level. For example, you say that the reduction in the price of oil has no impact on you.  That's absolutely not true, unless you're a hermit living off of the land.  Every box or can or jar of food you buy off the shelf of the grocery store has the price of oil baked into it, because it had to get there somehow.  High fuel costs for trucks mean increased costs to put food on shelves, which mean increased prices for that food. Even tobacco prices can affect you, because they affect what other people are spending.  Demand is always a significant factor in prices, particularly retail prices, and if people are spending more money on tobacco, they're probably spending less on other things - either buying less snacks, for example, or buying cheaper brands of those snacks.  So the price of Doritos may drop a bit (or not rise), for example. General inflation also tends to drive raises, particularly in industries with relatively small performance ties to raises.  If inflation is 3%, wages need to raise 3% or so in order to keep up, on average; even if your personal cost-of-living went up 0%, or 5%, or 10%, the default wage inflation will be closer to that of the national average.  Any raise less than national average is effectively a pay cut (which is one reason why inflation is needed in a healthy economy).  So your company probably has a cost-of-living raise everyone gets that's a bit less than inflation, and then good performers get a bump up to a bit more than inflation.  You can read more on this topic for a more in-depth explanation. Finally, inflation rates tend to be major factors in stock market movement.  Inflation that is too high, or too low, can lead to higher volatility; inflation that is \"\"right\"\" can lead to higher stability.  An economy that has consistently \"\"right\"\" inflation (around 2-3% typically) will tend to have more stable stock market in general, and thus more reliable returns from that market.  There are many other factors that lead to stock markets rising and falling, but inflation is one very relevant one, particularly if it's not in the \"\"right\"\" zone.\""}
{"_id": "236153", "title": "", "text": "In my experience, there's usually only one or two theatres within a small city. Maybe a few more in larger cities, but those are also larger areas. So there really isn't much competition. Sure, there are other places to get popcorn, but not movie theatre popcorn. It won't be lathered with 4000 calories worth of tasty butter and salt. Even if you make it at home that can be difficult to accomplish (and then you have to invest the time to make it). Besides, when I go to the movies, I don't go just to see a movie. If I just want to see a movie I can watch it at home. The junk food they sell is part of the experience. Even then, people do smuggle their own food into theatres all the time - but it's hard to smuggle in a bag of popcorn, and again, ordinary popcorn just isn't the same. So, I think the answer boils down to: it's expensive because people are willing to pay for it. And they're willing to pay for it because it's not really available elsewhere at any better price, and it's part of what they come for."}
{"_id": "236156", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/ethtrader] [Unicorns aren't Real (x-post r\\/finance)](https://np.reddit.com/r/ethtrader/comments/6r9hxt/unicorns_arent_real_xpost_rfinance/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "236176", "title": "", "text": "In the first case, if you wish to own the stock, you just exercise the option, and buy it for the strike price. Else, you can sell the option just before expiration, it will be priced very close to its in-the-money value."}
{"_id": "236177", "title": "", "text": "\"Having dealt with with Social Security, state agencies, and banks more than I'd care to, I would urge you to do the following: 1) Get a 100% clear answer on whether or not you are listed as \"\"joint\"\" or \"\"authorized user/signer\"\" for an account. This will probably require a call to the bank, but for less than an hour of you and your friend's time you will save yourself a whole lot of hassle. The difference is like this: if you worked at a business that added you as an authorized user for a credit or debit card, this would allow you to use the card to buy things. But that doesn't make the money in the bank yours! On the other hand if you are listed as \"\"joint\"\", this regards ownership, and it could become tricky to establish whether its your money or not to any governmental satisfaction. 2) You are completely correct in being honest with the agency, but that's not enough - if you don't know what the facts are, you can't really be honest with them. If the form is unclear it's ok to ask, \"\"on having a bank account, does being listed as an authorized user on someone else's account count if it isn't my money or bank account?\"\" But if you are listed as holding the account jointly, that changes the question to: \"\"I am listed as joint on someone else's checking account, but it isn't my money - how is that considered?\"\" To Social Security it might mean generating an extra form, or it might mean you need to have the status on the account changed, or they might not care. But if you don't get the facts first, they won't give you the right answers or help you need. And from personal experience, it's a heck of a lot easier to get a straight and clear answer from a bank than it is from a federal government agency. Have the facts with you when you contact them and you'll be ok - but trust me, you don't want them guessing!\""}
{"_id": "236186", "title": "", "text": "The best way is to ask the charity and the custodian of the retirement account. Both will want to make sure it is done correctly. The charity will want to be able to not have the account go through the probate process. Probate can delay to transfer of money for months or longer. Items in the will could be contested."}
{"_id": "236194", "title": "", "text": "EMV cards use an offline transaction counter to increase security. This counter is maintained inside the card and incremented every time a transaction is confirmed by the card. For (online) contact transactions, the card will usually receive feedback from its issuer, which (among other actions) will reset that counter to zero. For offline transactions, the card will increment the counter by one each time it is used. For contactless transactions, things are a bit different: Since contactless transactions usually do not maintain a connection between the card and the terminal long enough to transmit issuer feedback to the card, the counter cannot be reset that way. The counter will therefore even be incremented for online transactions. The implications of this are dependent on what your issuer is actually doing with the contents of the offline counter: Some issuers use this as a safety measure for contactless cards and allow only a limited number of contactless transactions, since those usually do not require any cardholder verification method below a certain threshold (e.g. 25\u20ac in many European countries), and the total risk in case of physical card theft can therefore be limited to <number of offline transactions>*<maximum contactless transaction amount>. Usually, you would have to use your card in a contact-based transaction to reset the counter, and the terminal would display an according notice. It is indeed strange that the terminal instead requested your PIN. If this happens again, you could try to use your card once via the contact interface and see if this resets your offline counters and allows you to pay without PIN entry for the next few transactions."}
{"_id": "236205", "title": "", "text": "Really it's two categories: target kids and non-targets. Targets (Harvard, Princeton, etc. depending on the bank) comprise the majority of the front office and have a simpler recruiting process. Non-targets (good regional schools and some flagship state schools) fill out the rest of the front office and have a much more difficult process to stand a chance. Networking is key unless you're a target."}
{"_id": "236207", "title": "", "text": "If the shares rise in value 50% over the next few years, you will have the same return that I would see if I bought 100 or 1000 shares.  The only issue with a small purchase is that even a $5 commission is a high percent. But the rest of the math is the same."}
{"_id": "236218", "title": "", "text": "\"If you're not rich, investing money will produce very small return, and is a waste of your resources. If you want to save until you die, then go for it (that's what investment companies want you to do). I suggest invest your money in building a network of friends who will be future asset for you. A group of friends helping each other have a much higher prospect of success. It has been proven that approximately 70% of jobs have been obtained through networking. Either through family, or friends, this is the vast majority. I will reiterate, invest on friends and family, not on strangers who want to tie down your money so they can have fun for the moment, while you wait to have fun when you're almost dead. Added source for those who are questioning the most well known fact within organizations, I'm baffled by the level of ignorance. Linkedin Recruitment Blog ...companies want to hire from within first; only when there are no   appropriate internal candidates will they rely on referrals from   employees (who get a bonus for a successful  hire) and people who will   approach them through informational meetings. The latter category of   jobseekers (you) have the benefit of getting known before the job is   \"\"officially posted.\"\" For those who believe loaning money to friends and family is a way of losing money -> this is a risk well worth taking -> and the risk is much lower than loaning your money to strangers -> and the reward is much higher than loaning your money to strangers.\""}
{"_id": "236224", "title": "", "text": "&gt;[W]hy does Ron Paul keep introducing crackpot bills that die mostly because they're irrelevant?   FTA:  &gt;The bill, H.R. 459, passed the House Oversight Committee this morning on a voice vote, with no vocal opposition. House Republican leaders have said that they plan on addressing the legislation on the floor sometime next month."}
{"_id": "236247", "title": "", "text": "To be fair the data in sports is more transparent. You know every single detail of every team, player, coach, owner, the regulation boards make sure that player trade deals have to be announced etc. I can't say I buy into the idea that big S&amp;P500 firms are actually publishing accounting records that are 100% legit. Makes statistical analysis much easier when you have more faith in the numbers."}
{"_id": "236254", "title": "", "text": "Capital losses from the sale of stocks can be used to offset capital gains from the sale of a house, assuming that house was a rental property the whole time.  If it was your principal residence, the capital gains are not taxed.  If you used it as both a rental and a principal residence, then it gets more complicated: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/rprtng-ncm/lns101-170/127/rsdnc/menu-eng.html"}
{"_id": "236276", "title": "", "text": "They OPENED a new store?! Management must be out of their fucking minds.  When I worked at Sears the very first day a guy came in with a clearly fake credit card. Perfectly flat, no raised numbers, colors were off, when swiped it didn't do anything. He had 900 dollars of merchandise.  I called security, they said to just sell it. At that point the guy grabs some more stuff and ups it to 1500 or 1600 dollars. Walks out with all that stuff no questions asked.  Woman puts a shirt in her child's carriage and our 300 pound security guard runs top speed across the store and nearly tackles her to the ground.  That place made literally no sense."}
{"_id": "236289", "title": "", "text": "Without the details of a specific bank it's hard to give a definitive answer, but here are some potential valid reasons I can think of: And most importantly"}
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{"_id": "236321", "title": "", "text": "\"I think \"\"Psychological Pricing\"\" is a similar phenomenon to what you are looking for.  This is where retailers use certain numbers in prices because those prices are more appealing to consumers.  Since stocks - and in your case bitcoin - have prices, they too will be more or less appealing at different prices based on psychology alone.\""}
{"_id": "236324", "title": "", "text": "Office 365 has all of the sharing/editing/browser access that you would want as a consumer - plus it is FAR more useful in an enterprise setting because of better permissions settings.  What people don't seem to realize is that Microsoft doesn't make their nut on consumer software.  They ultimately are failing at porting REALLY GOOD enterprise packages to the consumer - which is a totally different issue."}
{"_id": "236328", "title": "", "text": "Congratulations! I used to work in registrations for a broker-dealer and every time any of the folks that I worked with passed their exams, I felt the excitement with them. I'd grab a drink with you - I know it's hard. Cheers to you!"}
{"_id": "236332", "title": "", "text": "You are truly ignorant if you believe that this kid isn't talented. Connections can land you the interview but you have to prove yourself to get the job. He probably hasn't slept since college started.   Just because you can't do it doesn't mean someone who can is automatically a rich snob."}
{"_id": "236334", "title": "", "text": "\"I'm going to take a very crude view of this: Suppose that you have an event that would cost $100,000 if it occurred. If there's a 10% chance that it'll happen to you and the insurance costs less than $10,000, you'll make a profit \"\"on average.\"\" This is, of course, assuming that you could afford a $100,000 loss. If you can't, the actual loss could be much higher (or different). For example, if you couldn't afford surgery because you didn't have health insurance, it could be a lot more \"\"costly\"\" in a way that could be difficult to compare to the $100,000. Obviously, this is a very simplistic view of things. For example, making more than you paid on the premium typically isn't the only reason you'd buy insurance (even if you're high net worth). Just wanted to throw this out there for what it's worth though.\""}
{"_id": "236337", "title": "", "text": "I have purchased three properties. I will say the #1 rule is 20% things go wrong all the time. Seriously, renters are pretty terrible. If you aren't making 20% profit on the books. So add up mortgage, insurance,  all costs. Then multiply that by 1.25. Whatever number that is is what you must get for rent just to break even. I can't stress this enough. If rental rates don't support you getting that kinda price then don't get into it. This is the break even number."}
{"_id": "236338", "title": "", "text": "I don't understand why it would be going (I mean I do, money) up. I would imagine that a large majority of the people who signed up, who did not previously have health insurance, were mostly healthy and not use the healthcare system that often. Shouldn't the new wave of healthy people help leverage the sick people in the system some? Shouldn't the extra inflow of money into the health care system, by people that aren't going to be using the health care system frequently, lower the costs for everyone. I thought that was the whole argument on why this was going to work in the first place..."}
{"_id": "236348", "title": "", "text": "One representative I spoke to suggested moving the money into a new   IRA, making up the difference from my own pocket, and then asking for   a rebate a tax time. Will this work? That's probably the only thing that will work, and you have to do this ASAP: you have 60 days from the distribution to complete the deposit. Make sure to make up for the withheld 20%, and deposit into the IRA the full amount, and make sure to give all the relevant information to your tax preparer to ensure you do get the withheld 20% back as a tax credit. You can check with your current 401k plan if you can deposit there, but in many cases you cannot. IRA is a safe bet."}
{"_id": "236356", "title": "", "text": "\"This is so true. There's always some \"\"misunderstanding\"\" at the end, when the quoted price isn't what is requested at the end. This type of thing is what has led me to stay in higher priced lodging and have them arrange my transport. I don't know if it has to be a meter, but somehow demonstrating that it will be a hassle free experience is super important.\""}
{"_id": "236366", "title": "", "text": "\"Probably but not necessarily.  Your question could also be posed regarding cash & carry for commodities in contango: If I can take delivery on the gold now, short the gold next year and make delivery then, paying the storage fees, is this an arbitrage opportunity? It is in the sense that you know your delivery and the money you will make, but it's not in the sense that until delivery (or execution in the options case) you are still on the hook for the margins due from price fluctuations. Additionally you need to consider what ROI you will make from the trade. Even though it's \"\"guaranteed\"\" it may be less than what you can earn from other \"\"zero risk\"\" opportunities.\""}
{"_id": "236375", "title": "", "text": "Okay I will asap. And yes, to getting the business off the ground. I've done all the marketing and will be for some time to come. Not just sweaty hands, but also ideas that shape our marketing strategies and also bringing in loyal customers that I personally know who are going to be consistent with us. But I'll talk to a lawyer and have that figured out. I just dont want to get screwed over and I'm new to this being only 19 so."}
{"_id": "236380", "title": "", "text": "Or you can just acknowledge that labor, especially in cases like this with zero barrier to entry (no skill, education, or training requirements before hire) and a job that any marginally able bodied and able minded person can do, has absolutely no power.   Literally anyone that can think and move at a basic level can do their job, they have no bargaining power. Not acknowledging that isn't support, it's just denial."}
{"_id": "236383", "title": "", "text": "It's a disturbing development -- someone is floating the idea that the executive has the ability to issue debt without the consent of congress to measure the public's reaction. Why disturbing? Because people are using language like this: The president, moreover, can move quickly, but court cases take time. \u201cAt the point at which the economy is melting down, who cares what the Supreme Court is going to say?\u201d Professor Balkin said. \u201cIt\u2019s the president\u2019s duty to save the Republic.\u201d The implication to your personal finances is that we continue to live in interesting times, and you need to be aware of the downside risks that your investments are exposed to. If your portfolio is built around the idea that US government obligations are risk-free, you need to rethink that."}
{"_id": "236389", "title": "", "text": "I believe it goes a little something like this: During period of inflation, all boats rise. Everyone get's richer, and gain control of more physical assets. During periods of depression, debts are being called due by those who gave out the loans (these few powerful men) that can't be paid, and so foreclosures and the like occur, giving the creditors control of the actual physical assets.  Basically you have to track physical assets instead of financial ones to see how the boom and busts are beneficial to the wealthy."}
{"_id": "236415", "title": "", "text": "Right now is the perfect time to sell a business. The ideal time to sell a business is when.... The stock market is hot/high (it is) Interest rates are low (they are) Inflation rate is low (it is) Financing is abundant (it is) Market is brisk (it is) When demand is higher than supply (it is) Buyers abound (they are) Pricing is favorable (it is) The company is performing well The owner is ready"}
{"_id": "236416", "title": "", "text": "I agree, but if I'd talked about Wall St corruption and excess here, that's what the discussion would have been about. I tried to frame it in apolitical and objective terms for the sake of having an actual discussion rather than just another rehash of that argument. ;)"}
{"_id": "236436", "title": "", "text": "Things like this are going to happen way more if a $15/hr mini wage ever passed. You think McDonald's is going to hire an cashier for 31k/yr when they can spend the same to buy a ordering kiosk that will be faster, not mess up orders, never be late or sick, not have an attitude, won't quit, doesn't need Healthcare, doesn't need unemployment tax, and will maybe need a repair every now and then?   Same with using outsourced labor or illegal immigrants. Why pay some 17hr old $15/hr to compile some Excel list when someone in India will do it for $5/hr?"}
{"_id": "236441", "title": "", "text": "Tax rates do make a difference between whether to invest here or in Ireland. The rate of return would be lower in a place where you pay higher taxes, as taxes are a cost. The investment is going to happen, sure, it just depends on where that occurs.   And then secondly, the money that American businesses profit overseas stays overseas instead of being repatriated because the taxes are too high to justify paying them before reinvesting the money in the economy. This is a problem because it means jobs for everyday Americans going to another country, where due to Balassa-Samuelson, the other country is already more attractive in terms of labor costs due to our high price levels here in the US."}
{"_id": "236442", "title": "", "text": "I disagree. I use it daily to set reminders, send texts, and schedule meetings. It's very nearly always faster than doing it by hand. Occasionally it will beef something so that I have to enter it by hand, but not often enough to counter the very real time it does save me."}
{"_id": "236444", "title": "", "text": "The best way to make money on a downward market is to buy at the bottom, sell at the top.  Lather, rinse, repeat."}
{"_id": "236453", "title": "", "text": "No a better way to word that is saying I won't invest in ford solely because he wants a 40 hour work week.   Yeah sure environmental responsibility plays a role but at the end of the day it's about value. There are a ton of environmentally friendly companies out there should we invest in all of them too?   If I created a company out of thin air that installed solar panels would you said that what I do is a huge thing so it should be valued a lot? Without looking at the financials of the company? Come on I'm not even really knowledgeable in business or finance but I feel like what I'm saying is just common sense."}
{"_id": "236472", "title": "", "text": "Factoring in the odds of winning (1 in 292.2 million), the expected return on a $2 ticket is between $1.79 at the high end, and $1.35 at the low end.  Your odds of winning are drastically reduced if you don't play (/s), and your expected return depends on what your choose to do with that $2."}
{"_id": "236482", "title": "", "text": "\"In most cases, the other classes of shares are preferred stock (example, JPM-F). Preferred stock usually pays higher dividends and shareholders get preferential treatment in the event that the company goes under. (Preferred shareholders are behind bondholders in line, but ahead of common stock holders) In other cases, different classes of shares have different voting rights or pricing. Examples include Berkshire Hathaway B shares. In the case of Berkshire Hathaway B shares, the stock has 1/500th of the rights and 1/10,000th of the voting rights of an \"\"A\"\" share.  You need to be cautious about investing in anything other than common stock -- make sure that you understand what you are getting into. This is not to say that other share classes are 'bad' -- just that many preferred stocks are thinly traded and are difficult to buy and sell.\""}
{"_id": "236490", "title": "", "text": "Don't confuse a home warranty with homeowner's insurance.  Insurance will cover disasters.  Warranty will cover lesser repairs that insurance doesn't cover. You can warranty your own home with a liquidity fund.  Stash 1-3 months of salary in a savings account that you can tap out at any time.  Water heater blows?  Just call a plumber.  Leaking roof?  Call a roofer.  No need to argue with a warranty company for reimbursement. Chances are, you will spend less on warrantable repairs than the cost of the warranty itself.  If you're handy, it'll be even cheaper."}
{"_id": "236504", "title": "", "text": "What you have to remember is that Options are derivatives of another asset like stocks for example.  The price of the Option is derived from the price of the underlying. If the underlying is a stock for example, as the price of the stock moves up and down during the trading day, so will the Market Maker's fair value for the Option.  As Options are usually less liquid than the underlying stock, Market Makers are usually more active in 'Providing a Market' with Options. Thus if you place a limit order half way between the current Bid and Ask and the underlying stock price moves towards your limit order, the Market Maker will do their job and 'Provide a Market' at that price, thus executing your order."}
{"_id": "236507", "title": "", "text": "The commission is per trade, there is likely a different commission based on the type of security you're trading, stock, options, bonds, over the internet, on the phone, etc.  It's not likely that they charge an account maintenance fee, but without knowing what kind of account you have it's hard to say. What you may be referring to is a fund expense ratio.  Most (all...) mutual funds and exchange traded funds will charge some sort of expense costs to you, this is usually expressed as a percent of your holdings.  An index fund like Vanguard's S&P 500 index, ticker VOO, has a small 0.05% expense ratio. Most brokers will have a set of funds that you can trade with no commission, though there will still be an expense fee charged by the fund. Read over the E*Trade fee schedule carefully."}
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{"_id": "236520", "title": "", "text": "They make what people buy, although I, for one, absolutely loved my Fusion Energi plug-in hybrid. I hope the Taurus goes plug-in in time for my next car, otherwise I'll have to go with the SHO and waste all of that gasoline.  Chrysler has some beautiful cars, but you pay for that beauty by sacrificing reliability. And I'm not sure what's wrong at GM. They have some good quality cars these days, but the exterior design guys don't really excite. Some of the Cadillac and Buick offerings are not too bad, though.  It's not like the cars are being ignored; you're seeing more trucks and SUV's on the road because that's what so many people want."}
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{"_id": "236535", "title": "", "text": "Never heard the minimum wage teacher one actually. . . . sounds weird enough to be plausible to me.    I use this case whenever a client starts asking about discharging student loans.  Usually telling them it is a challenge and no guarantee for a quadriplegic to prove undue hardship rather quickly conveys the point of how unlikely it is to get their student loans discharged, and that their situation likely does not suck enough.    and your out on a limb comment got me to smile. . .  i have to admit."}
{"_id": "236540", "title": "", "text": "I would recommend against loans from family members. But if you decide to go down that path take care of the basics: This is a business decision so treat it like one. I would add that the situation you describe sounds extremely generous to your family member. I'd look at standard loan agreements (ie. in the marketplace) and model your situation more on them - if you do this, even with you paying a premium, you'd never come up with something as generous as what you have described."}
{"_id": "236543", "title": "", "text": "During a circuit breaker, no trading occurs. These policies have been implemented to maintain exchange liquidity since the NYSE nearly went bankrupt during the 1987 crash because many members had become insolvent. If an order is filled before the halt, it will stand unless busted.  During the Flash Crash, many orders were busted."}
{"_id": "236556", "title": "", "text": "I have one of the top law firms in my country looking after this, who have plenty of experience in capital raises.   I realize that all transactions are different, however, I'm just curious to see if anyone has examples of what a pitch would look like."}
{"_id": "236565", "title": "", "text": "If you're even remotely intellectual or tech savvy, and you're not pursuing a STEM career, you are doing yourself a huge disservice. Without a college degree you can easily get a Helpdesk or Support job that will carry you into a well paying job."}
{"_id": "236575", "title": "", "text": "Integrate Alloy Navigator as your IT Service Management solution for medium and large business environments. Designed and built with the industry's best practices and real-world customers in mind, it offers an intuitive, comprehensive, easy-to-use approach to managing the Service Desk, IT assets, task assignments, and more."}
{"_id": "236580", "title": "", "text": "It's not greedy for me to demand money from you - in fact, it is greedy for you to refuse my demands that you give me money.   It's not theft for me to take something from you - in fact, it is theft if you do not allow me to take something from you.  Also, left is right, up is down, and cats are female dogs."}
{"_id": "236581", "title": "", "text": "\"&gt;If mounting debt is such an issue, why do all the markets act as though the US is perfectly solvent?   They don't. China, Russia and most emerging markets are selling U.S. treasuries faster and faster. They have started doing so a couple years ago and are doing so at a higher pace now. They sold record numbers of U.S. treasuries in June. Many countries are forging trade partnerships with each other to get away from U.S. debt and even the U.N. and IMF are calling for an end to the dollar as the global reserve currency because it no longer deserves that status, largely due to increasing debt. By the way, the Fed is owning a larger and larger portion of U.S. debt these days.  &gt;Why is our interest rate so low, and why do investors around the world continue buying Treasury bonds?   The federal reserve keeps rates low. Investors speculate about the future of the market all the time, but they are starting to dump them now http://www.bloomberg.com/news/2014-08-15/u-s-investment-outflow-reaches-record-as-china-sells-treasuries.html http://www.reuters.com/article/2014/08/15/usa-economy-capital-idUSL2N0QL0T520140815  http://www.ft.com/intl/cms/s/0/eaccbe18-aea6-11e3-aaa6-00144feab7de.html  &gt;The total net outflow of long-term U.S. securities and short-term funds such as bank transfers was $153.5 billion, after an inflow of $33.1 billion the previous month, the Treasury Department said in a report today. The June figure, and $40.8 billion in net selling of Treasury bonds and notes by private investors in June, **were the largest on record, the Treasury said.**  &gt;\"\"This is a disappointment and is a negative for the dollar. Clearly, the United States is having a hard time attracting investments to offset its current account deficit,\"\" said Michael Woolfolk, global market strategist at BNY Mellon in New York.  &gt;Central banks sold US Treasury debt at the start of the year, according to the latest official data released on Tuesday, as stress among emerging market countries intensified. Declines in Treasury holdings were seen for Thailand, Turkey and the Philippines, which sold $3.9bn, $3.3bn and $1.5bn respectively during January.   Wow look at that. Did you just dismiss all evidence that proves you wrong? I think so!\""}
{"_id": "236591", "title": "", "text": "Hmm. I appreciate some peoples margins are tighter than others, but in 10 years we've never been so close to the wire that these decisions could significantly effect (or possibly affect?) the viability of the company as a whole. In that case it would be morally right to favour the greater good of the majority, sure."}
{"_id": "236594", "title": "", "text": "\"The tricky part is that it's NAV is quite high these days, almost close to its 52 week high You will find, if you look historically, most markets are often close to their 52 week or even historical highs. This is an important consideration. \"\"The markets are at their all-time high!\"\" has been true a large percentage of the past decades. Everyone wants to buy low, sell high. But the reality is, buying low often will be \"\"buying at close to the highest point\"\" as no one has a crystal ball.\""}
{"_id": "236611", "title": "", "text": "people implicity agree to sell stocks when a company does bad But, remember, when you sell the stock of a company that, in your estimation, 'did bad', someone else had to buy; otherwise, there is no sale. The someone else who bought your shares evidently disagrees with your assessment. Did you sell because the company didn't earn a profit at all? Did it not earn a profit because it's in a dead-end business that is slowly but inevitably declining to zero? Something like Sears Holdings? Or did it not make a profit because it is in an emerging market that will possibly someday become hugely profitable? Something like Tesla, Inc.? Did you sell because the company made a profit, but it was lower than expected? Did they make a lower-than-expected profit because of lower sales? Why were the sales lower? Is the industry declining? Was the snow too heavy to send the construction crews out? Did the company make a big investment to build a new plant that will, in a few years, yield even higher sales and profits? What are the profits year-over-year? Increasing? Declining? Usually, investors are willing to pay a premium, that is more than expected, for a stock in a company with robust growth.  As you can see, the mere fact that a company reported a profit is only one of many factors that determine the price of the shares in the market."}
{"_id": "236612", "title": "", "text": "If you already filed the DC return, you can try and wait with filing the NJ return until you get the answer from DC.  You can file an extension request with the NJ division of taxation here. Or, you can file without claiming the credit, and worst case amend later and claim it if DC refuse to refund. I find it highly unlikely that DC will decide that a person staying for a couple of months over the year in hotels will count as a resident."}
{"_id": "236652", "title": "", "text": "To be honest, I'm not entirely sure what a PhD in Finance gets you in the next 5-10 years. Most banks and hedge funds are going to be hiring computer scientists with backgrounds in machine learning. Anything quantitative you learn in a Finance PhD program will be too weak compared to those skillsets.  I think the only bright spot might be behavioral economics, which has a qualitative social science research component to it.  I would be less worried about getting into one of those programs and more worried about if it will actually be useful. If I were you, I'd get into a PhD program that exploits your statistics background, so you can at least go towards approaches in statistical machine learning."}
{"_id": "236704", "title": "", "text": "A few things to keep in mind.  A 90% mortgage is $76,500, PMI for 10% down is $76,500/2300 = $33/mo. This, plus $557 is still lower than your rent. I'd take the 15 since you want to get rid of that PMI as soon as you can. Often the bank will require the PMI be removed only after the regularly scheduled payments have gotten you to 20% equity, prepayments mat not count. This may have changed recently. Check to be sure.  Even in 5 years, you'll save compared to the rent, and from this point, odds are it will increase in value. I'd not count on any tax deduction. Your standard deduction is $11,400. Even at the higher rate, you'd have $3200 in interest, property tax can't be over $2000. You have an easy tax return, I'd say. Good luck.  UPDATE - it's now 2016 - The standard deduction is $12,600 for a couple. With the interest maybe at $3200, and property tax at $2000, curious why any other readers would think the OP would be itemizing."}
{"_id": "236732", "title": "", "text": "\"The 529 plan does outline your scenarios. There are stipulations for providing the funds should the child get the scholarship. If the child decides not to go into further education (vocational and community schools count), the money can be withdrawn with a 10% penalty and taxes paid on interest earnings. Taxes wouldn't have to be paid for contributions as taxes were already paid on that money by the gift giver. The 529 could also be transferred to another child in the family (including grandchildren).  Here's an excerpt from www.savingforcollege.com: You'll never lose all of your savings. A 529 plan offers tax-free earnings and tax-free withdrawals as long as the money is used to pay   for college. If you end up taking a non-qualified withdrawal, you'll   incur income tax as well as a 10% penalty - but only on the earnings   portion of the withdrawal. Since your contributions were made with   after-tax money, they will never be taxed or penalized. You can avoid the penalty if you get a scholarship. There are a few special exceptions to the 10% penalty rule, including when the   beneficiary becomes incapacitated, attends a U.S. Military Academy or   gets a scholarship. In the case of a scholarship, non-qualified   withdrawals up to the amount of the tax-free scholarship can be taken   out penalty-free, but you'll have to pay income tax on the earnings.   As Savingforcollege.com founder Joe Hurley likes to say, \"\"the   scholarships have turned your tax-free 529 investment into a   tax-deferred 529 investment\"\". Note, a 529 is ideal for the sum of money you are looking at. A proper trust, set up by a lawyer, will cost as much as $2000 to set up, and would require an annual tax return, both unnecessary burdens. To make matters worse, the trust counts as the child's asset where financial aid is concerned. The 529 counts, but to a much lesser extent.\""}
{"_id": "236746", "title": "", "text": "The sport is turning out to be very popular and there is a very sensible possibility that it will rival boxing in the forthcoming days. Though, for those that are just getting into the sport it can be a precipitous learning curve in terms of methods and purchasing the right gear such as  [MMA shorts](http://www.mmasportinggoods.com/)."}
{"_id": "236747", "title": "", "text": "As a point of comparison, the starting salary at Microsoft for a new college graduate is six figures. For senior positions it's easily much higher than that. That's similar to Apple and Google, except that Seattle has a far lower cost of living than Silicon Valley. Somehow, I don't think adequate pay is a problem."}
{"_id": "236749", "title": "", "text": "You are right to be skeptical of timeshare listing companies.  As you can imagine, it is very difficult to actually sell a timeshare.  You know firsthand how awful they are; it takes trickery to sell them. True story: In my office building years ago, the office across the hall was occupied by a timeshare listing service.  One day about a dozen FBI agents showed up and raided the office. As with any service company like this, you can sometimes find reviews on the Better Business Bureau. As an alternative, instead of trying to sell your timeshare, you may want to hire a lawyer to try to get out of it.  I have absolutely no experience with this, but I have heard advertisements on the radio for one such firm called Timeshare Exit Team.  There may be others that do the same thing. Good luck."}
{"_id": "236759", "title": "", "text": "You need to report your accounts, not other persons. However, if you have a joint account with another person - it is your account, jointly. So the joint account has to be reported, your girlfriend's personal accounts - not (unless the money there is yours or you have signature authority, of course). For a joint account - you need to report who are the joint holders, yes."}
{"_id": "236761", "title": "", "text": "Not as obnoxious as being a part of a group of people who are so assured in their opinions that aren't even their own then use that stance to put themselves on a moral pedestal. I mean really, I'm doing the exact thing but my pedestal is made out of awareness.  So not really any more or less obnoxious to the person I was replying to."}
{"_id": "236769", "title": "", "text": "Group home riches provide ways to become spiritually as well as financially rich. Disabled caregiver funding is also one such righteous way to earn money, that has been introduced by group home riches. People looking for a living out of some noble cause can definitely get rich dividends out of this and enjoying rewards for a good work is always spiritually overwhelming. There are many kinds of disabled caregiver funding available. Around 52 million people have opted for disabled caregiver funding."}
{"_id": "236778", "title": "", "text": "\"They aren't actually. It appears to be a low interest rate, but it doesn't cover their true cost of capital. It is a sales tactic where they are raising the sticker price/principal of the car, which is subsidizing the true cost of the loan, likely 4% or higher. It would be hard to believe that the true cost of a car loan would be less than for a mortgage, as with a mortgage the bank can reclaim an asset that tends to rise in value, compared to a used car, which will have fallen in value. This is one reason why you can generally get a better price with cash, because there is a margin built in, in addition to the fact that with cash they get all their profit today versus a discount of future cash flows from a loan by dealing with a bank or other lending company. So if you could see the entire transaction from the \"\"inside\"\", the car company would not actually be making money. The government rate is also so low that it often barely covers inflation, much less operating costs and profit. This is why any time you see \"\"0% Financing!\"\", it is generally a sales tactic designed to get your attention. A company cannot actually acquire capital at 0% to lend to you at 0%, because even if the nominal interest rate were 0%, there is an opportunity cost, as you have observed. A portion of the sticker price is covering the real cost, and subsidizing the monthly payment.\""}
{"_id": "236780", "title": "", "text": "No, it doesn\u2019t.  If I sell my eggs for a dollar each, I made that choice.  Capitalism gives us a mechanism by which to judge whether our deal will be financially lucrative or not.  Capitalism doesn\u2019t set off the new craze for fitbits.  Capitalism shows the trend to allow you to take advantage of the craze.  And if you are saying I shouldn\u2019t speak economics to you, then you are committing the logical fallacy of appeal to authority:  that just because you are an authority in the field, you must be right.  Authority ty is a good fall-back when you have no other methods to verify your decisions by, but authority alone doesn\u2019t hold the reigns of truth."}
{"_id": "236829", "title": "", "text": "\"&gt;I oppose minimum wage laws as they \"\"cut\"\" people from employment  that is not true for developed economies  Basic income is a mixed bag depending on how you employ it, many countries have with varying success.\""}
{"_id": "236847", "title": "", "text": "\"I don't dispute that. The risk that your data may be stolen from any third party always exists. You accept that risk by using the third party. My point is that just because that risk exists it doesn't mean that \"\"the security is really bad\"\".  Many IoT devices have shit security practices but Google and Amazon are doing it right. And I'll continue to argue that until someone at DefCon next year proves me wrong.\""}
{"_id": "236863", "title": "", "text": "IANAL, nor am I a financial professional. However, I've just looked into this because of a relative's death, and I have minor children. I am in the US. First, a named beneficiary on many accounts means that any proceeds are kept out of the estate and do not have to go through probate. That usually means that they're available much more quickly.  Second, a beneficiary statement trumps a will. The account may pay out long before a will is even filed with the probate court.  Third, you can name a trust as the beneficiary. In this case, because you want to make sure the money goes to your children, that's likely your best option."}
{"_id": "236866", "title": "", "text": "I disagree. Sponsorship is the problem, or more specifically where it comes from. With commoditization of advertising, what happens is that any small player with a keyboard can become a news source, lowering the bar on what we consider news (though this goes for all content really). In turn this makes good content providers have far more competition and essentially lowers the bar for all sources, because most people will not pay a premium for great content. In the case of news, how does a news agency with researchers, fact checkers and overhead compete with a guy in his bedroom if clicks and eyeballs are the only source of comparison?   The buying of content, or native advertising as its being called, is a direct byproduct of this slippery slope and the ultimate desire of each person or entity to be successful, which in some cases means offering \u2018new products\u2019. This is nothing new, but has just grown exponentially as the barriers to entry have all but been removed.  At the end of the day this goes back to trust. If consumers put a premium on trusted content and channels because they want something like facts, vs. and echo chamber to reinforce a particular mindset, then it would be a different situation. Regrettably, free is what everyone one wants, but they forget one important thing - if your not paying for something, then your not the consumer, your probably the product. Obviously this in turn means it\u2019s less important to get the reader real content vs. content that will keep them on site just a little longer than their competitors, for which they are rewarded.  So going back to the millennials, good for them for apparently being among the first group to collectively realize that they need to question everything and rely on their own research. They are natives of the misinformation age."}
{"_id": "236899", "title": "", "text": "Just to add to @duffbeer703 comment, additionally, the cash value is NOT part of the death benefit. The policy is intended to grow the cash value to the point where it matches the death benefit and then it 'matures' and you get the cash. My point being, is that since they don't give you both, you are really transferring the reponsiblity from them to you over time, your savings (that you lose) becomes part of the death benefit and they supliment it with less and less over the years so that it would equal the death benefit. @duffbeer703 nailed it right on the head, buy term and invest the difference and once you've got your savings built, really the need for insurance isn't there any longer (if you've got 1/2 million saved, do you really need insurance?)"}
{"_id": "236909", "title": "", "text": "\u0110\u1ed1i v\u1edbi c\u00e1c Nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang giao d\u1ecbch, jimmy th\u1ea5u hi\u1ec3u nhu c\u1ea7u g\u1ee1 r\u1ed1i khi t\u00e0i kho\u1ea3n kh\u00f4ng may thua l\u1ed7 , jimmy cung c\u1ea5p d\u1ecbch v\u1ee5 G\u1ee0 R\u1ed0I v\u1edbi c\u00e1c m\u1ee9c ph\u00ed c\u1ed1 \u0111\u1ecbnh sau: - 500,000 \u0111\u1ed3ng/tu\u1ea7n (n\u0103m tr\u0103m ng\u00e0n \u0111\u1ed3ng) n\u1ebfu giao t\u00e0i kho\u1ea3n \u0111ang c\u00f2n &gt;60% - 1,000,000 \u0111\u1ed3ng/tu\u1ea7n (m\u1ed9t tri\u1ec7u \u0111\u1ed3ng) n\u1ebfu giao t\u00e0i kkho\u1ea3n \u0111ang c\u00f2n &gt;40% - 2,000,000 \u0111\u1ed3ng/tu\u1ea7n (hai tri\u1ec7u \u0111\u1ed3ng) n\u1ebfu giao t\u00e0i kkho\u1ea3n \u0111ang c\u00f2n &gt;20%"}
{"_id": "236921", "title": "", "text": "Investigative journalism is another form of entertainment. Yes, it also happens to provide a service to the public.  I have a budget and a family and I have to pick between different sources of entertainment. I *want* to give WaPo money for service, but I can't justify it at their current price. We don't go out to eat, we don't buy cable TV, and we don't go to the movies, so it's not like I can just give up a Big Mac to pay WaPo. At their current price point, they simply don't provide enough entertainment for me to give up a different source of entertainment to replace it with WaPo.  I am a relatively poor person who wants to stay informed and contribute to supporting investigative journalism, but they've price themselves out of my reach."}
{"_id": "236931", "title": "", "text": "Discount brokers come and go. They tend to come with ridiculously cheap prices, and they go when they fail to gain traction, or raise their prices, at which point they can be undercut by a new player. Some brokers are nicer to people with more money, while others cater to small traders on simple low commissions. No matter which broker you choose, you aren't liable to make much money doing frequent trades with a small account. You either risk most of your money on every trade, or several small trades get sapped by commissions. It is understandable that you want to pay less given the disadvantages of a small account.  Just2Trade, USAA, Sogotrade, etc. have each been reasonable options in the < $4 a trade range. Many websites will give you a list of the top discount brokers of the year. As with any heavy discounter/deal that is too good to be true, find reputable referrals from people who use the service, and complaints from customers who have been burned."}
{"_id": "236961", "title": "", "text": "There's not quite enough to answer the question in full. For the two years of non-payment, were there any penalties, or just accrued interest? If no penalties, this is a 3 step time-value-of-money calculation. First, take the terms of the loan and figure out the balance after 5 years.  Second, for two years, increase the balance by the monthly interest rate.  Last, calculate a new payment with a 13 year duration.  Excel or any business calculator can handle this."}
{"_id": "236963", "title": "", "text": "THIS. That's why I'm fortunate enough to work a remote job where I live 3 hours north of NYC and have traveled 30 years back in time when it comes to prices of homes. I feel like even with shit credit, the hope of a dream home is much more attainable now that the cost/income ratio is where it should be."}
{"_id": "236968", "title": "", "text": "AAAA Garage Door Co specializes in premium garage door repair services. We also provide commercial garage door products from manufacturers like CHI, Lift Master, Wayne Dalton, Amarr, Campbell, Genie, and Carriage House. We only work with the highest quality doors and products in the industry to provide high quality and long lasting garage door service. Some of our products include Wooden Doors, Steel Doors, Carriage House Doors, and Operating Systems, Full lines of residential and commercial doors/products."}
{"_id": "236972", "title": "", "text": "Plaid is exactly what you are looking for! It's docs are easy to understand, and you can sign up to their API and use their free tier to get started. An example request to connect a user to Plaid and retrieve their transactions data (in JSON):"}
{"_id": "236982", "title": "", "text": "\"If I open up fraudulent bank accounts, I go to jail.  I guess if I work for a bank and do it - because my boss tells me I need to to make quota - who goes to jail?  Laws were clearly broken, why no prosecutions and just civil fines?  Also, the whole \"\"businesses can regulate themselves\"\" is clearly BS for big banks because it took an independent investigation to get to the *real* truth.  Even when called out a year ago, Wells Fargo couldn't give the truth.  If there's a bank that deserves to be broken up because they're just plain shitty overall, it's Wells.\""}
{"_id": "236983", "title": "", "text": "&gt; No it's really not, I have no illusions that private school is any better than the public schools around here. The problems with them differ, but one is no better than the other. Our education system in Florida is broken, the voucher system they instituted created broken schools and soon to be bankrupt private schools. Every state that's done so has or soon will have the same problems. Even states that aren't screwing their public schools with vouchers, are screwing them with poor funding at every level.  How do vouchers fuck over our education system? Doesn't it allow parents to pick the best school for their kids despite their economic condition? I may be mistaken on what vouchers are. Isn't it just the government paying for what ever school you decide to go to?  &gt;Every state that's done so has or soon will have the same problems.  Source please.  &gt;Shits broke, and getting more broke every year. Eventually it might get fixed, but I'm not going to play 'maybe' games with my kids. I'd rather move them to a country that isn't supporting the most expensive military on the planet.  As long as you send your kids to a school where they don't fear for their lives, have teachers that at least do the bare minimum, and you are involved in your kid's school life, then they will be fine. It isn't a school that makes the kids successful, it is the parents who are active in their kids lives. If the school is also good, then that is all the better.   Canada isn't a magical wonderland. I get the feeling that you surround yourself in an echo chamber of other parents who are mad at the education system. You guys build off each other to make America's education system seem like hell on earth."}
{"_id": "236994", "title": "", "text": "\"&gt;It is a legitimate form of dodging taxes.  I don't see how it's \"\"dodging\"\" if you're following the law.   &gt;There is nothing bad about not wanting to hand over money you earned to the government.  On this I agree wholeheartedly.\""}
{"_id": "237016", "title": "", "text": "You only insure assets, and you only insure them for the people that depend on them. You don't need to insure a liability. Therefore: Example: I have life insurance equal to a couple of years salary, in order to make sure my wife doesn't encounter any hardships if I die. I'm the primary income earner, and she will take of the kids. Once we have kids we'll get life insurance for her to cover what the costs would be to take care of the kids if she were to die."}
{"_id": "237030", "title": "", "text": "\"And what a difference a day makes and as the dust begins to settle things become a little clearer.  The big take away from the Orange Orangutans buffoonery at the United nations was that [\"\" Hey!! we really don't have a Missile shield\"\"](https://www.rt.com/usa/403895-us-may-not-be-capable-shooting-down-missile/) \"\"heh heh . .yeah . .we was just funning with you and our Nato allies, actually we buck naked\"\"  So North Korea is off the Menu, they get to live free and prosper and grow and thrive, minus the occasional irritating yip yap which will eventually diminish and disappear altogether.  So That leaves Pakistan and Iran . . . well Pakistan does not have ICBMs but it does have nukes and tactical ones, so that could do some real damage in Afghanistan, subs could do some real damage, that pretty Island Deigo Garcia could be struck  On the other hand, Iran it seems really can't do much at the present time but poses a threat to Israel and has missile tech that reaches Israel and if Iran was to go nuclear, well that would pretty much be end game.  So in America's sort routine to externalize internal problems by choosing the easiest problem to solve  #Congratulation IRAN . .You are IT!!!  You better hope those S-400s work, I reckon you have about 3-6 months  Pakistan can breath a sigh of relief . .for the moment  . .but do remember First Iran was an American Ally, then Iraq, then they destroyed Iraq, now Iran, after Iran, its you . . .over the next decade the US will neutralize your edge in Air superiority, as good as your pilots are, technology will eventually win, so you need alternates, the SU-47 is looking real good, and when the choice comes between a nation with ICBMs and one with out . .Guess who wins?  Yah .. you better spend the next 10 years developing ICMBs and for the love of god, if you are going to pick a leader, don't pick one who spends all his time making idiotic infrastructure projects to enrich his own family instead of preparing for this day that was to come, any blind man could see.  And while all the hallabaloo was going on . .the Fed under the cover of dark tried to slip one by . . . we are watching you gramma . . .It will be interesting to see how you sell your dirty laundry in a non-existent market, I think you are going to fuck this up and the whole wobbly construct is coming down and when it does  Nobody is going to need ICBMs\""}
{"_id": "237035", "title": "", "text": "You are correct. It's more of an Oligopoly. And as someone laid out above even that could be called into question. It's nothing like Microsoft of the nineties and we can be thankful for that. I still wouldn't trust that company to this day, even with new management."}
{"_id": "237037", "title": "", "text": "\"If I pay off 70 percent of the loan amount, will I be charged less interest? Yes, because when there's less debt (aka \"\"the balance\"\") to charge interest on, just as when you pay it off \"\"normally\"\", there's less interest charged. Note that the loan contract might stipulate: That's quite rare in the US (except for some student loans), but I don't know about India.\""}
{"_id": "237039", "title": "", "text": "I've been using online billpay for years, at three different banks.  Two were local (a bank and a credit union), and the other is ING Direct.  I haven't had any problems with any of them that weren't self-inflicted (forgetting to enter the bill).  The credit union's system is pretty clunky, but the other two are fine.  One thing to make sure of is to leave enough time for the bill to arrive, just like you would do if mailing a check.  Just have the bill sent a week before its due, and you should be fine.  I usually do this soon after I get the bill, so I don't forget about it.  ING will actually receive bills from some companies automatically, if you wish.  So all you need to do is go online and click pay, and it will know when the due date is and the amount to pay.  For bills that have the same amount each month (mortgage, insurance premiums, etc.), you can set it up to pay automatically each month so you don't have to do anything. Its a bit of a hassle moving banks, and reentering the account numbers, addresses, etc.  Stopping a bill is as easy as clinking delete in the online system.  My current setup is to have all my bills paid through ING, and my paycheck direct deposited.  I can transfer money to/from my local bank in a couple of days if I have checks to deposit, or to use the local ATM.   I short, I would never go back to writing paper checks."}
{"_id": "237042", "title": "", "text": "\"&gt; You said all terrorists are Muslims, which is not true at all because most acts of terror comes from right winged population  Let's keep it simple instead of a lengthy argument: how many Muslim terrorist attacks in the last year versus right wing? And, I am going to ask again: please tell us about a right wing \"\"terrorist\"\" attack against **general** civilians.  &gt;&gt;\"\"Do you think a rightwing would attack Muslims if they did not attack westerners? Do you think rightwing attacks are more than Muslim attacks? Are they even 1% of all attacks and harm?\"\".  &gt; THIS IS THE CORE PROBLEM I AM TALKING ABOUT. THIS IS WHY MILLIONS OF GERMANS SLAUGHTERED THE JEWISH POPULATION. THIS IS THE RESULT OF HATE SPEECH AND HARD RIGHT PROPAGANDA.   &gt; Swap jew with muslim!!!  Wow! I agree with you that TRUE Hate Speech, by Hitler and his movement, made one of the most cultural and educated group of people into monsters against Jews. Despite Jews being exact opposite of what they were portrayed in that hate speech.  Now, when I say \"\"Muslims are terrorists\"\", and other things against Muslims, do you think I have no basis for my \"\"hate speech\"\"? And do I call to \"\"exterminate and kill all the Muslims? Does anyone call for actions against ALL(!) Muslims?  &gt; The crime rate of the refugees is actually a bit lower then the rate of the rest of the population, so not big a problem.   &gt; The overall crime rate rise significantly though since the start of the refugees crisis as a result of massive right wing activity.   &gt; Needles to say that the actual crime rate if jews in Germany was no different then the non jew crime rate just as it is now with muslims.  That's not true!!!! Refugees do more crime than Germans, I can prove it to you, and you blame Germans for crimes actually done by Muslims. You even go to the extra step to claim that Jews will be as criminal as Germans and refugees, which is not true. Never was true.  Here's the problem: you really really really want to believe that Jews, Germans and Muslims are same. This is not true. Check the news and statistics.  Japan, Norway, Hungary, Poland, etc accept zero refugees and look at the problems they have with crime, especially with the Jews among them.\""}
{"_id": "237043", "title": "", "text": "\"There are two ways that mortgages are sold: The loan is collateralized and sold to investors. This allows the bank to free up money for more loans. Of course sometime the loan may be treated like in the game of hot potato nobody want s to be holding a shaky loan when it goes into default. The second way that a loan is sold is through the servicing of the loan. This is the company or bank that collects your monthly payments, and handles the disbursement of escrow funds. Some banks lenders never sell servicing, others never do the servicing themselves. Once the servicing is sold the first time there is no telling how many times it will be sold.  The servicing of the loan is separate from the collateralization of the loan. When you applied for the loan you should have been given a Servicing Disclosure Statement Servicing Disclosure Statement. RESPA requires the lender or mortgage   broker to tell you in writing, when you apply for a loan or within the   next three business days, whether it expects that someone else will be   servicing your loan (collecting your payments). The language is set by the US government: [We may assign, sell, or transfer the servicing of your loan while the   loan is outstanding.] [or] [We do not service mortgage loans of the   type for which you applied. We intend to assign, sell, or transfer the   servicing of your mortgage loan before the first payment is due.] [or]   [The loan for which you have applied will be serviced at this   financial institution and we do not intend to sell, transfer, or   assign the servicing of the loan.] [INSTRUCTIONS TO PREPARER: Insert   the date and select the appropriate language under \"\"Servicing Transfer   Information.\"\" The model format may be annotated with further   information that clarifies or enhances the model language.]\""}
{"_id": "237049", "title": "", "text": "&gt; In the modern age it's much more profitable to be a copier than an innovator   In all ages it is more profitable to be a copier. History of full of examples of the same thing being invented over and over again, only to discarded or ignored after the creators death. It doesn't matter if you are talking about fur pelts in stone age or modern super-computers, the benefits of a innovation only happen when it becomes widely available."}
{"_id": "237052", "title": "", "text": "If you define dollar cost cost averaging as investing a specific dollar amount over a certain fixed time frame then it does not work statistically better than any other strategy for getting that money in the market.  (IE Aunt Ruth wants to invest $60,000 in the stock market and does it $5000 a month for a year.) It will work better on some markets and worse on others, but on average it won't be any better. Dollar cost averaging of this form is effectively a bet that gains will occur at the end of the time period rather than the beginning, sometimes this bet will pay off, other times it won't. A regular investment contribution of what you can afford over an indefinite time period (IE 401k contribution) is NOT Dollar Cost Averaging but it is an effective investment strategy."}
{"_id": "237054", "title": "", "text": "\"I definitely can recommend you a site called babypips. Their beginner course section is great to get a good overview what you \"\"could\"\" do in FOREX trading. For starting out I definitely recommend a dummy account! (NEVER use real money in the beginning!)\""}
{"_id": "237064", "title": "", "text": "That sounds like you work for a shitty company. Regardless of who is at fault in an incident, you fire the person? I bet your employees have low morale, knowing that somone else's mistake can cost them their job.  The idea behind self driving vehicles is that you dont have accidents. No accidents, means lesser exposure and liability risk for the operating compnay.  Are computers fail safe? Of course not, but human driven vehicles have a far worse driving record, currently."}
{"_id": "237066", "title": "", "text": "There are multiple places where you can see this.  Company house website On any financial news website, if you have access e.g. TESCO on FT On any 3rd party website which supply information on companies e.g. TESCO on Companycheck An observation though, FT lists down more shareholders for me than Companycheck as I pay for FT."}
{"_id": "237071", "title": "", "text": "The interest rate will probably be better for your primary residency, however the risk is higher too. In the event you can't pay it off - you probably would rather lose the second home and not the primary home. Re the tax benefit - it will be attached to the rental you're buying, since that's what the loan is for. However, if you have a HELOC on your primary residency, you can deduct interest on up to $100K on your Schedule A regardless of what you're doing with the money. This can be useful if the rental is losing money and you don't want to accumulate the interest deduction as passive loss."}
{"_id": "237107", "title": "", "text": "\"Quite a few Bank in India allow Funds Transfer via ATM. One has to first register the beneficiary account and wait for 24 hrs before transacting. However it looks like \"\"Indian Bank\"\" currently does not offer this service. You can call up Indian Bank and ask if they provide this service.  Alternativly use the Internet Banking to transfer funds to CitiBank or any other Bank in India.\""}
{"_id": "237110", "title": "", "text": "Follow the instructions on the W-4. It says exactly how you are supposed to calculate the number of allowances. You shouldn't have to figure out how to get the right number. Just follow the instructions. The only part at all complex is if you have large deductions. In that case you're supposed to subtract a standard amount from your actual deductions -- for 2017, $12,700 if married filing jointly -- divide by $4,050, and then add the result to the number of allowances. In general, following the instructions on the W-4 should result in slightly more tax being withheld from your paycheck than you actually owe, so that you get a modest refund next April 15. In the long run it doesn't matter if you have too much withheld, as you'll get it all back eventually anyway. I suppose the withholding could be so high that it doesn't leave you enough to live on while waiting for your refund, but that shouldn't normally be the case. If you pay too little, you could be subject to penalties and interest, so you really want to avoid that."}
{"_id": "237133", "title": "", "text": "\"If your intention is to purchase ETFs on a regular basis (like $x per month), then ETFs may not make sense.  You may have to pay a fixed transaction cost like you were buying a stock for each purchase.  In a similar no load mutual fund, there are more likely to be no transaction costs (depending on how it is bought).   The above paragraph is not very definitive, and is really dependent upon how you would purchase either ETFs or Mutual funds.  For example if you have a Fidelity brokerage account, they may let you buy certain ETFs commission free.  Okay then either ETFs make great sense.  It would not make sense to buy ones that they charge $35 per transaction if you have regular transactions that are smallish. The last two questions seem to be asking if you should buy MF or buy stocks directly.  For most people the later is a losing proposition.  They do not have the time or ability to buy stocks directly, effectively.  Even if they did they may not have the capital to make enough of a difference when one considers all the cost involved.  However, if that kind of thing interests you, perhaps you should dabble.  Start out small and look at the higher costs of doing so as part of the \"\"cost of doing business\"\".\""}
{"_id": "237161", "title": "", "text": "Here's another attempt at explanation: it's basically because parabolas are flat at the bottom. Let me explain.  As you might know, the variance of the log stock price in Black Scholes is vol^2 * T, in other words, variance of the log stock price is linear in time to expiry. Now, that means that the standard deviation of your log stock price is square root in time. This is consequential.  For normally distributed random variables, in 68% of cases we end up within one standard deviation. So, basically, we expect our log stock price to be within something something times square root of T. So, if your stock has a vol of 16%, it'll be plus/minus 32% in 4 years, plus/minus 16% for one year, plus/minus 8% for 3m, plus/minus 4% for 3-ish weeks, and plus/minus 1% for a business day. As you see, the decay is slow at first, but much more rapid as we get closer.  How does the square root function look? It's a sideways parabola. As we come closer to zero, the slope of the square root function goes to infinity. (That is related to the fact that Brownian motion is almost surely no-where differentiable - it just shoots off with infinite slope, returning immediately, of course :-) Another way of looking at it is the old traders rule of thumb that an at-the-money option is worth approximately S * 0.4 * vol * sqrt(T). (Just do a Taylor expansion of Black Scholes). Again, you have the square root of time to expiry in there, and as outlined above, as we get closer to zero, the square root drops slowly at first, and then precipitously."}
{"_id": "237188", "title": "", "text": "We are mostly .NET C#. I'm not trying to sound like a big shot but generally, to work in finance as a software engineer, you have to be good at what you do. More specifically, I work on developing the inside tools for our traders and mutual/hedge fund managers to manage the business. I work on benchmark, asset, and valuation analysis tools. Technologies I use on a daily basis are C#, SQL, JavaScript, JQuery, MVVM (and other design patterns), HTML5, and more specialized unit testing tools. If you have any more questions, feel free to ask or pm."}
{"_id": "237189", "title": "", "text": "\"The advice to \"\"Only invest what you can afford to lose\"\" is good advice. Most people should have several pots of money: Checking to pay your bills; short term savings; emergency fund; college fund; retirement. When you think about investing that is the funds that have along lead time: college and retirement. It is never the money you need to pay your bills.  Now when somebody is young, the money they have decided to invest can be in riskier investments. You have time to recover. Over time the transition is made to less risky investments because the recovery time is now limited. For example putting all your college savings for your recent high school graduate into the stock market could have devastating consequences. Your hear this advice \"\"Only invest what you can afford to lose\"\" because too many people ask about hove to maximize the return on the down payment for their house: Example A, Example B. They want to use vehicles designed for long term investing, for short term purposes. Imagine a 10% correction while you are waiting for closing.\""}
{"_id": "237193", "title": "", "text": "I challenge you to come up with an example of squandering that could not be considered charity, or charity that could not be considered squandering.  It entirely depends on how much value you place on the money going where it went.   Any spending of money can be considered charity if you feel others need it more than you do."}
{"_id": "237197", "title": "", "text": "If they own the old house outright, they can mortgage it to you. In many jurisdictions this relieves you of the obligation to chase for payment, and of any worry that you won't get paid, because a transfer of ownership to the new owner cannot be registered until any charge against a property (ie. a mortgage) has been discharged. The cost of to your friends of setting up the mortgage will be less than the opulent interest they are offering you, and you will both have peace of mind. Even if the sale of the old house falls through, you will still be its mortgagee and still assured of repayment on any future sale (or even inheritance). Complications arise if the first property is mortgaged. Although second mortgages are possible (and rank behind first mortgages in priority of repayment) the first mortgagee generally has a veto on the creation of second mortgages."}
{"_id": "237202", "title": "", "text": "I have always thought that most of the time spent in a class was a waste. I also do not think that school prepares people for the harsh realities of a full time job. Also I was not prepared by school to make money, manage money, or survive life better than someone who didn\u2019t go to college. I am a pharmacist, I have an MBA and a PhD."}
{"_id": "237204", "title": "", "text": "COBRA is with regards to any termination, not only if you're laid off. If you leave your job voluntarily you're still eligible for COBRA, at least from my experience in California. Once you start working at the new job that provides health benefits - you're expected to roll-off of COBRA. No. Once you run out of the COBRA period - you're on your own."}
{"_id": "237207", "title": "", "text": "It's wrong in several situations:  One, the business owner counts this as a business expense, which it is not, and therefore reduces the company's profit and taxes. That would be tax avoidance and probably criminal.  Two, someone who is not the sole owner counts this as a business expense, which it is not, reduces the company's profit and when profits are shared, the company pays out less money to the other owners. That's probably fraud.  Third, if the owner or owners of a limited liability company draw out lots of money from the company with the intent that the company should go bankrupt with tons of debt that the owners are not going to pay, while keeping the money they siphoned off for themselves. That would probably bankruptcy fraud.  Apart from being wrong, there is the obvious risk that you lose control over your company's and your own expenses, and might be in for a nasty surprise if the company has to pay out money and there's nothing left. That would be ordinary stupidity. If you have to tell your employees that you can't pay their salaries but offer them to admire your brand new Ferrari, that's something I'd consider deeply unethical."}
{"_id": "237215", "title": "", "text": "It depends on how you define trading.  If you're looking at day-trading, where you're probably going to be in a highly-leveraged position for minutes or hours, the automated traders are probably going to kill you.  But, if you have a handful (less than a dozen) equities, and spend about an hour or so every week conducting research, you have a good chance of doing pretty well. You need to understand the market, listen to the earnings calls, and understand the factors that contribute to the bottom line of your investments.  You should not be trading for the sake of trading, you're trading to try to achieve the best returns. Beware of dogmatists and people selling products that align with their dogma. Warren Buffet invests in companies for an extremely long investment window. Mr. Buffet also expends significant resources to gain a deep understanding of the fundamentals of the businesses that he invests in and the factors affecting those fundamentals. Buffet does not buy an S&P 500 index fund and whistle dixie."}
{"_id": "237220", "title": "", "text": "\"I don't usually pay much attention to IPOs. Is it normal for a software company to declare their intent to sell themselves as part of \"\"gaming industry consolidation\"\"?  I get it as a pitch to angel investors for a start-up. Building to a certain point to then GTFO is a business as usual model. I just haven't seen it applied to an IPO before.\""}
{"_id": "237223", "title": "", "text": "The breach was discovered by Equifax on July 29th.. On August 21st, someone bought 2600 put option contracts that were set to expire in September (and if the price of EFX remained above $135 until then, those options would have been worthless). On September 7th, Equifax makes the decision to announce the breach, and those put options (worth 60 cents a piece) skyrocket, earning the holder a cool $4.2 million+. For perspective, those 2600 put options were literally ten times the monthly volume of EFX options on a typical month.  There was almost certainly insider trading going on, and it probably wasn't the hackers themselves logging into their (authenticated/identifiable) brokerage accounts and buying up oodles of put options expiring a month later.."}
{"_id": "237234", "title": "", "text": "The IRS demands and expects to be paid tax on all taxable activity, including illegal activity.  If they expect drug dealers, hit men, and smugglers to pay tax, they expect you to pay tax on your basement apartment. The flip side of this is that the IRS keeps reported tax activities confidential.  They only share what is required (for example, your taxable income with your state).  You can read the details in their disclosure laws.   Deductions will work just as they would if your apartment was perfectly legal.  In the eyes of the IRS, whether your income is legal or not is none of their business.  They care only about whether it is being taxed appropriately. They will not share any information with your zoning authority without a court order."}
{"_id": "237251", "title": "", "text": "I have been working at a pest control company. I just know that working blue collar jobs is not for me and I should be going back to school. Finance interests me, and I also would like to make a comfortable living :)"}
{"_id": "237262", "title": "", "text": "With something this complicated you are going to want to consult professionals. Either a professional with international experience, who will tell you the best tax arrangement overall but might come expensive, or one professional in each country who will optimize for that country. You will have to pay US taxes, and depending on your residency probably some in Spain. Double tax agreements should kick in to prevent you paying tax on the same money twice. You do not have to pay separate 'European' taxes. If you do substantial business in another country you might have to pay there, but one of your professionals should sort it out."}
{"_id": "237265", "title": "", "text": "I also have approx. \u00a36000 in debt Just a note: you're guaranteed to get a return on whatever debt you pay off quickly.  Even if your debt is only 2%, you get a guaranteed return of 2% - which is higher than most of the savings here in the US (not sure about the UK). You mention saving for a house, which is also a good idea, but with debt, I'd recommend eliminating that if you're paying any interest at all.  This won't be popular to write, but markets are high right now, so even though you may feel that you're missing out, the return on paying off debt is guaranteed; markets aren't."}
{"_id": "237271", "title": "", "text": "How is everyone doing in their day to day lives?  What is affordable and what is not?  Often I find myself reading news that I find is disconnected from my reality.  Unemployment numbers are good. I am employed,  yet I can't help the feeling that many are getting the squeeze, especially amongst my peers; the new reality of employment being less livable than previously.  Perhaps too much zerohedge?  Housing is expensive,  saving for retirement seems futile?  Stocks are seemingly very expensive?"}
{"_id": "237273", "title": "", "text": "Anybody that offers a bigger return than a deposit claiming 100% safe is a fraud.  There is always a risk: Yes, you can gain 30% in a year, but nobody can guarantee that you'll repeat that gain the next. My own experience (and I do take risks), one year I go up, the next year I go down..."}
{"_id": "237282", "title": "", "text": "\"With your knowledge/experience, you should easily be able to find work through one of the freelance developer sites out there.  It would let you work flexibly on your own schedule, and you can decide what types of work you're willing to do at rates you choose to work for. You could always come up with your own ideas for a commercial website of some kind that could help generate some degree of passive income that won't interfere with your full-time work.  That's only limited by your imagination and creativity. The third alternative is to find a \"\"real\"\" job (I chuckle at that one!) like most people do. I hope this helps. Good luck!\""}
{"_id": "237299", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://en.econreporter.com/en/2017/08/fed-keep-sizeable-balance-sheet-according-former-fed-governor-jeremy-stein/) reduced by 97%. (I'm a bot) ***** &gt; Why do they think it the Fed who issues more reserves for investors? Why can&amp;#039;t Treasury take up the responsibility? More importantly, does it actually mean that the Fed&amp;#039;s balance sheet has to be &amp;quot;Sizeable&amp;quot; forever? Prof. Stein will tell us more about all these in the interview below.  &gt; Q: Under your proposal, do you think there is any need for reforming and improving the RRP? For example, should the Fed open it to more participants? If so, to whom should the Fed open the RRP? S: I think I agree with the premise of your question.  &gt; One of his proposals is to trip the FOMC vote from the NY Fed, so to avoid the problem of groupthink between NY Fed and Fed Board; What do you think about that?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6umaxw/why_the_fed_should_keep_a_sizeable_balance_sheet/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194201 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Fed**^#1 **think**^#2 **Balance**^#3 **Sheet**^#4 **rate**^#5\""}
{"_id": "237301", "title": "", "text": "\"If you don't plan to stay in it, it is never good money to try to buy a house in a bad neighborhood. The question you want to be asking is probably \"\"Is it smart to buy this piece of real estate,\"\" not \"\"is it smart to buy a house in college.\"\"  In this case, it's probably not smart because you won't actually have revenue from the property (you'll break even compared to renting), you may face some expensive repairs (water heater or other appliances going out, etc.), and you may find that your startup costs in things like lawn mowers, etc. is not worth the hassle (or cost of lawn service if you have someone else do it.) On top of that, can you get a loan with your proven income and assets? Don't forget to factor the cost of selling the house again into it -- and how long can you leave it on the market after you move out if it doesn't sell without going bankrupt yourself? In my opinion, it'd be a giant albatross around your neck.\""}
{"_id": "237302", "title": "", "text": "Let me back up every point of advice I made for you:   Albert Schweitzer: (my first point)  &gt; The three most important ways to lead people are:\u2026 by example\u2026 by example\u2026 by example.  Albert Einstein: (also my first point) &gt; Setting an example is not the main means of influencing others, it is the only means.  Elon Musk: (my second point) &gt; Pay attention to negative feedback, and solicit it, particularly from friends.  Source: http://socialtimes.com/elon-musk-pay-attention-to-negative-feedback-and-solicit-it-particularly-from-friends_b184604  Catherine the Great: (my third point)  &gt; \u201cI praise loudly, I blame softly\u201d  Tom Brady: (my fourth point)  &gt; Coach Belichick holds us accountable everyday. We appreciate when he's tough on us. He gets the best out of us.  Doug Collins, Philadelphia 76ers Coach: (also my fourth point)  &gt; When your teammate looks you in the eye and holds you accountable, that\u2019s the greatest kind of leadership there is.  Seriously, I think you need to re-evaluate yourself.  I think you have some self-esteem or self-confidence issues that are making you come off like a complete ass."}
{"_id": "237305", "title": "", "text": "\"They don't, actually. Though in some time frames S&P 500 growth out performs S&P 500, it often lags. This is because \"\"growth\"\" doesn't refer to what happens to your account, but rather the type of stock in the index -- roughly speaking, it's the half of the S&P with the best earnings growth.  That would be great, except it's not looking for is to see if that growth is worth buying. A stock with a 20% growth rate is a great buy at a P/E of 15, but a terrible buy at P/E/ 50.  That leads to what JB King was talking about -- there's also the S&P 500 Value, which is roughly the cheapest stocks relative to earnings. Value does tend to beat the broad index over the long haul, because there's nothing like getting a good deal (note a stock can be in both the growth and value categories). This holds true with other indexes as well like the Russel 2000. All that said, you're not going to see a huge difference between S&P 500 and S&P 500 Growth. I believe this is because the S&P 500 itself leans a bit to the growthy side.   PS: With VOOG Vanguard is tracking the S&P 500 Growth Index, which is actually a thing and not Vanguard itself filtering stocks.\""}
{"_id": "237316", "title": "", "text": "The first issue is if the stock has returned 8% since you purchased it that could be either very good (8% in two days) or very bad (8% over 20 years).  Even just measured over the past year it could be relatively very good (up 8% and the market is down 5%) or very bad (up 8% and the market is up 16%). Either way, the good rule of thumb is that you shouldn't choose your positions using the returns of the stock in the past, but only on your view of the future returns of the stock.  For instance, if the stock has gone up 8% in two months, but you think it has another 8% to go in the next two months you probably shouldn't take your earnings. As for the $5k, at first glance that is not an unreasonable amount.  If you use a discount broker the fees shouldn't be so large that you will eat up any return on a $5k amount.  Also, from what you describe it is not such a large amount that mistakes will put your retirement in danger."}
{"_id": "237317", "title": "", "text": "A large number of bond holders decide to sell their bonds.  If they all decide to do this at the same time then there will be a large supply of bonds being sold in the market.  This will drive down the price of the bonds which will increase yields. Why do bond yields move inversely to bond prices? You purchase a $100 bond today that yields 5%.  You spent $100.  The very next day the same bonds are being sold with a yield of 10%.  If you wanted to sell your bond to someone you would have to sell it so it competed with the new bonds being sold.  You could not sell it for $100 which is what you paid for it.  You would have to sell it for less than the $100 you paid for it in order for it to have the equivalent yield of the new bonds being sold with a 10% yield.  This is why bond yields move inversely to bond prices. Why does rising yields increase the cost of borrowing? If someone is trying to sell new bonds they will have to sell bonds that compete with the yields of the current bonds already in the market. If yields are rising on the existing bonds then the issuer of the new bonds will have to pay higher interest rates to offer equivalent yields on the new bonds. The issuer is now paying more in interest making it more expensive to borrow money. What are the incentives for the bond vigilante to sell his/her bonds? One reason a bond holder will sell his/her bonds is they believe inflation will outpace the yield on the bond they are holding.  If a bond yields 3% and inflation is at 5% then the bond holder is essentially losing purchasing power if they continue to hold onto the bond.  Another reason to sell would be if the bond holder has doubts in the ability of the issuer to repay the interest and/or principal of the bond."}
{"_id": "237318", "title": "", "text": "Well, it probably has something to do with the fact that they're not really fully opposing SOPA; they just provided some lip-service on that issue because they were losing business, and people are not fooled. They're not sorry; they're just sorry that they got caught supporting something as terrible as SOPA.  But really... Why the hell would people use GoDaddy in the first place? There are plenty of registrars and hosts that offer more for less, have a better reputation, and don't have to resort to whoring out T&amp;A to get business. I've never viewed GoDaddy as something I would seriously use."}
{"_id": "237323", "title": "", "text": "\"When we say \"\"stock market,\"\" we are usually thinking of the publicly traded stocks, such as the New York Stock Exchange or the NASDAQ. Shares of individual products do not go on these exchanges, only large corporations.  You won't see a stock ticker symbol for The Force Awakens or for the iPhone 6s Plus.  The reason for this is that when investors buy a stock, they are looking for something that will grow in value theoretically forever. Individual products usually have a limited lifespan. Your movie will (hopefully) generate revenue when it comes out, but after a while sales will slow down after people have seen it. If someone bought a share of stock in a movie on the stock market, they have to realize that eventually the movie will stop making money, and their share of stock won't be worth anything anymore. Instead, people invest in companies that have the potential to make new products, such as Disney or Apple.  So if you were envisioning seeing the ticker symbol of your movie going across the screen on CNBC, sorry, that's not going to happen.  However, you could theoretically sell shares to individual investors for a percentage of the profit. You figure out how much money you need to create the movie, and estimate how much profit you think the movie will earn. Then you find an investor (or group of investors) that is willing to give you the money you need in exchange for a percentage of the profit. Unlike a stock market investor, these investors won't be looking for the long-term growth potential of the resale value of the stock, but simply a share of the profit.\""}
{"_id": "237330", "title": "", "text": "Small price for the government to pay when you are competing to attack a company that will create tens of thousands of jobs and billion in economic activity.  Are you suggesting we let them go to Michigan or Alabama or Texas. If they did go, not only would we miss out on those tens of thousands of jobs and billions in investments but we wouldn't realize any of that sales tax revenue anyways!"}
{"_id": "237331", "title": "", "text": "If you're under audit - you should get a proper representation. I.e.: EA or CPA licensed in California and experienced with the FTB audit representation. There's a penalty on failure to file form 1099, but it is with the IRS, not the FTB. If I remember correctly, it's something like $50 or $100 per instance. Technically they can disqualify deductions claiming you paid under the table and no taxes were paid on the other side, however I doubt they'd do it in a case of simple omission of filing 1099 forms. Check with your licensed tax adviser. Keep in mind that for the IRS 2011 is now closed, since the 3-year statute of limitations has passed. For California the statute is 4 years, and you're almost at the end of it. However since you're already under audit they may ask you to agree to extend it."}
{"_id": "237336", "title": "", "text": "Whether or not you can deposit to a Roth IRA, you are able to convert those deposits to A Roth account. In effect, you pay the tax going in (as with the regular brokerage account) but no tax on growth when withdrawn.  The non-deductible IRA, on its own, holds little appeal, in comparison."}
{"_id": "237337", "title": "", "text": "I'm a former developer/current hiring manager, and he's not, at least not entirely.  You have to have a degree for HR to consider you.  It doesn't really matter what that degree is in, but you have to have one or HR will trash your resume."}
{"_id": "237338", "title": "", "text": "Saving money for the future is a good thing.  Whether spending those savings on a business venture makes sense, will depend on a few factors, including: (1) How much money you need that business to make [ie: will you be quitting your job and relying on the business for your sole income? Or will this just be a hobby you make some pocket change from?] (2) How much the money the business needs up front [some businesses, like simple web design consulting, might have effectively $0 in cash startup costs, where starting a franchise restaurant might cost you $500k-$1M on day 1] (3) How risky it is [the general stat is that something like 50% of all new businesses fail in their first year, and I think for restaurants that number is often given as 75%+] So sometimes investing in your own business is financially risky, and other times it is not risky. Sometimes it is a good idea, sometimes it is not. Either way, saving for a future business that you may or may not ever invest in, is still saving money. If you never end up investing in a business, you can instead use that money for retirement, or whatever other financial goals you have. So it's not the saving for a new business that is risky, it's the spending. Part of good personal financial management is making financial goals, tracking your progress to those goals, and changing them as needed. In a simpler case, many people want to own their own home - this is a common financial goal, just like early retirement, or starting your own business, or paying for your kids' college education. All those goals are helped by saving money, so your job as someone mindful of personal finances, is to prioritize those goals in accordance to what is important for you. As mentioned by Stannius in the comments below, there is one catch here: if you are saving money for a short term goal (such as starting a business in a year), then you might want to keep it in low-interest savings accounts, instead of investing in the stock market. Doing this would remove the chance that your investments fail right before you need the startup money. Of course, this means that saving for a business that you never end up starting, could earn you less investment income on your savings. This would be the risk of saving for any specific short term goal that you end up changing later on."}
{"_id": "237344", "title": "", "text": "And the kind folk at Yahoo Finance came to the same conclusion.  Keep in mind, book value for a company is like looking at my book value, all assets and liabilities, which is certainly important, but it ignores my earnings.  BAC (Bank of America) has a book value of $20, but trades at $8. Some High Tech companies have negative book values, but are turning an ongoing profit, and trade for real money."}
{"_id": "237353", "title": "", "text": "Where was it reported that it was six figures per month? It isn't clear from the article what Mandiant's scope was that they were brought in under. I'm not even sure the way it reads that Mandiant found the Apache Struts-based breach while investigating the breach they were brought in for. Also, companies with an emphasis on IT like Equifax vary greatly in how they handle out-of-budget projects, and so far as I've read, it wasn't revealed how Mandiant's project was procured.  Equifax is going to be a case study in business schools on the handling of this incident, and what not getting in front of a crisis looks like (for comparison, see how the Tylenol tampering was handled). Equifax should have reached out to all affected and said they automatically put a freeze on their records, and all affected now have an account created if they didn't already have an account, 7 years of free 100 freeze/unfreeze requests per year, 52 free credit report requests per year, and credit monitoring. If I was on the board, I would have told the CEO to make a generous offer to buy out LifeLock and put all affected onto their most comprehensive plan while working behind the scenes to revamp IT and information security, as well as rethink the industry.  It would have been expensive as hell to do, but this is starting to grow into a Wells Fargo-scale career ending and industry-defining incident, and whatever cost savings they thought they got by cutting so many corners that enabled this breach and the weak response might get wiped out for the next 100 years of potential savings as odds increase weekly they'll be forced to adopt more regulatory oversight in the future.   If they quietly get LifeLock's most comprehensive plan for all US federal and state legislators though, then they probably will escape real reform and might skate by on the weak response."}
{"_id": "237369", "title": "", "text": "I actually think it's the opposite.  Outside the city is tons of infrastructure and there would be no traffic issues at all.  As I said Raytheon had multiple large campuses in Tewksbury, woburn, Waltham, and Andover.  It also has sites in many other towns. Amazon could set up shop just outside the city.   Also if they were intent on being in the city they could probably find good space in the seaport district or southie."}
{"_id": "237390", "title": "", "text": "\"When C did their 10-1 reverse split in 2011 all the fractional shares were aggregated and then sold with the proceeded going back to the fractional shareholders.     From their press release: \"\"No fractional shares were issued in connection with the reverse stock split. Instead, Citi\u2019s transfer agent will aggregate all fractional shares that otherwise would have been issued as a result of the reverse stock split and those shares will be sold into the market. Shareholders who would otherwise hold a fractional share of Citigroup common stock will receive a cash payment from the net proceeds of that sale in lieu of such fractional share. \"\"  While there was selling, it didn't cause a \"\"sell off\"\" so to speak.   I have also come across instances where the company buys the fractional shares and retires them.\""}
{"_id": "237392", "title": "", "text": ""}
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{"_id": "237397", "title": "", "text": "\"I made this mistake and tried calling Paypal...the first time I have ever been unhappy with their service.  The girl gave me some number but didn't make it clear whether it was an order reference number or a reference phone number for the company I ordered from.  I called within 10 minutes of placing my order and they were unable to cancel or change the payment method.  I did find however, that even though you can't pay paypal with your credit card, some banks will let you.  I went into my account and \"\"paid\"\" my account the amount needed using my credit card from the same bank that I had intended to use in the first place...hopefully it went through quickly enough to not get a service fee from Paypal\""}
{"_id": "237404", "title": "", "text": "Carbon monoxide will kill you.  Put your car in a closed garage, let it run, and you die.  Put it on an open road, where the concentration is diluted, and you will be fine.    By your logic we should ban automobiles as well.    P.S.: The government is also putting fluoride in your water."}
{"_id": "237411", "title": "", "text": "&gt; Are you aware that General Foods is strongly lobbying to mandate GMO labeling?  That's odd since they haven't existed in that name since the 1990.   &gt; What folks here don't get is it's generally in the industries interest to not mislead.  Bullshit. they will do whatever they can do that they think will increase the bottom line. if a company thinks that onerous labeling requirements would help their bottom line because they think they can use them to their advantage over other companies then they will push for it."}
{"_id": "237416", "title": "", "text": "There are many counterfeit products on Amazon, as well as stocking and packing measures that result in products arriving broken or open. Make-up, supplements, and personal care products are among those that are often counterfeit.   Edit: [Link to one](https://www.inc.com/sonya-mann/amazon-counterfeits-no-starch.html) of many articles about Amazon's Counterfeit Problem"}
{"_id": "237443", "title": "", "text": "\"1. You don't know what an ad hominem is and you should feel bad.   2. That comment is in response to someone calling me a trumptard. Can you even read?   3. I didn't vote for Trump.   4. I still didn't vote for Trump.   5. You're laughably uneducated about claims and data.   6. Data has to actually support the claim you're making.   7. You have to prove that polls are the way they are for the reasons you say they are.   8. They made claims without data.   9. Those claims are still unsupported.   10. The data they \"\"actually provided\"\" wasn't for the right country.   11. You could not draw a conclusion even if it was the right data.   12. It says a lot about you that you're more concerned about my opinion than the person calling people trumptards and telling them to shut the fuck up.\""}
{"_id": "237450", "title": "", "text": "From an article I wrote a while back: \u201cDalbar Inc., a Boston-based financial services research firm, has been measuring the effects of investors\u2019 decisions to buy, sell, and switch into and out of mutual funds since 1984. The key finding always has been that the average investor earns significantly less than the return reported by their funds. (For the 20 years ended Dec. 31, 2006, the average stock fund investor earned a paltry 4.3 average annual compounded return compared to 11.8 percent for the Standard & Poor\u2019s 500 index.)\u201d It's one thing to look at the indexes. But quite another to understand what other investors are actually getting. The propensity to sell low and buy high is proven by the data Dalbar publishes. And really makes the case to go after the magic S&P - 0.09% gotten from an ETF."}
{"_id": "237455", "title": "", "text": "I pointed this out to my wife (Russian), and she said not to forget that most of those imports are from old soviet satellites, Ukraine, Belarus, Kazakhstan, Latvia, ect...    Infact, your own article, just a little further down states:  &gt;The major food exporters to Russia last year were, in order of importance: Belarus ($2.7bn), Brazil ($2.4bn), Ukraine ($1.9bn), Germany ($1.8bn) and Turkey ($1.68bn), Reuters news agency reports.  None of those countries with the exception of Germany are sanctioning Russia, and are thus not part of the embargo.  Not sure how impacted Ukraine's production capacities have been with the conflict?    My wife is convinced that the none EU partners Russia already imports form will keep up just fine.  The other Russians I know, agree, and think this was a good move by the government.  She thinks the whole point of this embargo is to impact Germany so they get the EU to stop blatantly doing whatever the US wants, since this will impact them probably the most of the EU members."}
{"_id": "237457", "title": "", "text": "\"One difference is in the ability to split the pre-tax and after-tax portions of the Traditional account. (Note that earnings in a Traditional IRA or Traditional 401(k) are always pre-tax, even if it was earned from after-tax money, so if you left the money for some amount of time after an after-tax contribution, chances are it's a mix of pre-tax and after-tax money.) When you take money out of a Traditional IRA, including for conversion to a Roth IRA, you are generally subject to the \"\"pro-rata rule\"\", which means that your withdrawal will consist of pre-tax and after-tax amounts in the same proportion as in your whole Traditional IRA. This means that a conversion of a Traditional IRA with any mix of pre-tax and after-tax amounts, will always be taxed on a portion of the withdrawal (the pre-tax portion), and it will leave some after-tax amounts in the Traditional IRA unless you take everything out. The only way to separate the pre-tax and after-tax amounts is to roll over to a Traditional 401(k) (if you have a 401(k) plan that allows this); rules say that only pre-tax amounts can be rolled over into a 401(k), so only pre-tax amounts are rolled over, and if you roll over all the pre-tax amounts, only after-tax amounts will remain. On the other hand, when you rollover your entire Traditional 401(k) to IRAs, you can choose to have the pre-tax portion rolled over to a Traditional IRA and the after-tax portion rolled over to a Roth IRA, separating them, due to IRS Notice 2014-54.\""}
{"_id": "237475", "title": "", "text": "The mission of [Norvell &amp; Associates, P.C.](http://www.norvellcpas.com) is to always strive for excellence in providing a broad range of services to our clients, create rewarding [career opportunities](http://www.norvellcpas.com/mission) and maintain sound professional, [business](http://tune.pk/video/4439321/norvell-and-associates-certified-public-accountants-mission-statement) and financial standards.  We believe our clients are the center of all we do and their satisfaction is our primary concern. We also strive to create an enjoyable work environment. As a result, our clients are served by people who enjoy what they do.  We work hard to build lasting relationships with each of our clients and welcome the opportunity to serve as your partner in success!"}
{"_id": "237483", "title": "", "text": "One of the simplest things is to lock your money e.g. put on time deposit which has some penalty when you broke them pre-maturily. Also create a portfolio in a site, this will spark interest on saving and investment."}
{"_id": "237499", "title": "", "text": "\"There are a few different \"\"kinds\"\" of implied volatility. They are all based on the IVs obtained from the option pricing model you use. (1) Basically, given a few different values (current stock price, time until expiration, right of option, exercise style, strike of the option, interest rates, dividends, etc), you can obtain the IV for a given option price. If you look at the bid of an option, you can calculate the IV for that bid. If you look at the ask, there's a different IV for the ask. You can then look at the mid price, then you have a different IV, and so on and so on. And that's for each strike, in each expiration cycle! So you have a ton of different IVs. (2) In many option trading platforms, you'll see another kind of IV: the IV for each specific expiration cycle. That's calculated based on some of the IVs I mentioned on topic (1). Some kind of aggregation (more on this later). (3) Finally, people often talk about \"\"the IV of stock XYZ\"\". That's, again, an aggregation calculated from many of the IVs mentioned on topic (1). Now, your question seems to be: which IVs, from which options, from which months, with which weight, are part of the expiration cycle IV or for the IV of the stock itself? It really depends on the trading platform you are talking about. But very frequently, people will use a calculation similar to how the CBOE calculates the VIX. Basically, the VIX is just like the IV described on topic (3) above, but specifically for SPX, the S&P 500 index. The very detailed procedure and formulas to calculate the VIX (ie, IV of SPX) is described here: http://cfe.cboe.com/education/vixprimer/about.aspx If you apply the same (or a similar) methodology to other stocks, you'll get what you could call \"\"the IV of stock XYZ\"\".\""}
{"_id": "237502", "title": "", "text": "Want to know how to do month end closing?\u2026  In a busy Finance function, the month end closing process is a recurring challenge. Many businesses have developed multiple P&amp;Ls, balance sheets and data sources, with international structures posing a particular set of needs. There never seems to be enough time to meet demanding deadlines, and such pressures can affect accuracy.  As if that is not enough, emerging regulatory requirements are impacting the closing timetable, with extra time being needed to create reports for compliance regimes such as Solvency II.  Finance staff are assigned to dealing with the heavy workload of manual adjustments. This adds complexity to the task of supporting all stakeholders.  Then there are further processes associated with Quarter End, Half Year and Year End, all adding to the demands and the workload.  What can a stretched Finance Department do to resolve this Gordian knot?  Accountagility has the answer. ORYX Close. For all your month end closing needs. https://www.accountagility.com/solutions/month-end-close/"}
{"_id": "237514", "title": "", "text": "\"There are very few circumstances where forming an out of state entity is beneficial, but a website is within these circumstances in certain instances. Businesses with no physical operations do not need to care what jurisdiction they are registered in: your home state, a better united state or non-united state. The \"\"limited liability\"\" does it's job. If you are storing inventory or purchasing offices to compliment your online business, you need to register in the state those are located in. An online business is an example of a business with no physical presence. All states want you to register your LLC in the state that you live in, but this is where you need to read that state's laws. What are the consequences of not registering? There might be none, there might be many.  In New York, for example, there are no consequences for not registering (and registering in new york - especially the city - is likely the most expensive in the USA). If your LLC needs to represent itself in court, New York provides retroactive foreign registrations and business licenses. So basically, despite saying that you need to pay over $1000 to form your LLC \"\"or else\"\", the reality is that you get the local limited liability protection in courts whenever you actually need it. Check your local state laws, but more times than not it is analogous to asking a barber if you need a haircut, the representative is always going to say \"\"yes, you do\"\" while the law, and associated case law, reveals that you don't. The federal government doesn't care what state your form an LLC or partnership in. Banks don't care what state you form an LLC or partnership in. The United States post office doesn't care. Making an app? The Apple iTunes store doesn't care. So that covers all the applicable authorities you need to consider. Now just go with the cheapest. In the US alone there are 50 states and several territories, all with their own fee structures, so you just have to do your research. Despite conflicting with another answer, Wyoming is still relevant, because it is cheap and has a mature system and laws around business entity formation. http://www.incorp.com has agents in every state, but there are registered agents everywhere, you can even call the Secretary of State in each state for a list of registered agents. Get an employer ID number yourself after the business entity is formed, it takes less than 5 minutes. All of this is also contingent on how your LLC or partnership distributes funds. If your LLC is not acting like a pass through entity to you and your partner,but instead holding its own profits like a corporation, then again none of this matters. You need to form it within the state you live and do foreign registrations in states where it has any physical presence, as it has becomes its own tax person in those states. This is relevant because you said you were trying to do something with a friend.\""}
{"_id": "237517", "title": "", "text": "If your answer is yes, then there is no better place than MYO Clinix. Doctors in this Noida based clinic specialize in Follicular Unit Extraction. In this revolutionary procedure hair follicles are extracted one by one and implanted on the bald area. The result completely natural looking hair."}
{"_id": "237535", "title": "", "text": "&lt;notahipster&gt;  We don't have a tv but we watch shows on Netflix.   /notahipster  That said, I loved the VW commercials that came out about ten years ago.   I have  vw turbo now and I love it. Coincidence?  If commercials didn't need to relate to the lowest common denominator, a lot more of them might be interesting."}
{"_id": "237539", "title": "", "text": "Because Google Fiber isn't a real threat (yet.)  It takes a lot of work for Google Fiber to set up, so much so that it will realistically never be everywhere.  If you've ever seen the South Park episode with the cable companies, it's exactly like that. Many small towns have one option for Internet, so those companies can charge however much they want for whatever speed they feel like giving. Also, they can give whatever service they feel like. They have a miniature monopoly in this aspect.  On a national scale, this example flows forward. You have two options in many American cities; Comcast, or TWC. Many people believe these two companies (and for that matter, all companies that are major enough players to be cross-country or even in more than a handful of States) are in cahoots and have agreed to set the Internet low to make as much money as possible without being found out  Now with Google Fiber, people are seeing that they can get much much better speeds, better quality service, all for roughly the same price of TWC/Comcast."}
{"_id": "237549", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.lowyinstitute.org/the-interpreter/china-america-and-thucydides-interview-graham-allison) reduced by 94%. (I'm a bot) ***** &gt; His latest book, &amp;#039;Destined for War: Can America and China Escape Thucydides&amp;#039;s Trap?&amp;#039;, was published by Houghton Mifflin Harcourt in May 2017, and is the subject of this interview, conducted via email over the course of the last few weeks.  &gt; Let&amp;#039;s say the Trump Administration did come to the same conclusion as you regarding China&amp;#039;s trajectory and what it means for America, how do you think the President should present this to the American people? If #1 status is so intrinsic to US identity, is it realistic for any US president to declare to his people that the era of US dominance is over?  &gt; In the book, I pose the question: are China&amp;#039;s current leaders serious about displacing the US as the predominant power in Asia in the foreseeable future? And I quote the answer from the person who was until his death in 2015 the world&amp;#039;s premier China watcher.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77m51m/john_mccain_was_shocked_and_couldnt_believe_it/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231933 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **China**^#1 **book**^#2 **power**^#3 **American**^#4 **order**^#5\""}
{"_id": "237564", "title": "", "text": "I ended up just trying. I gave A the IBAN of B's account, which I calculated online based on the bank code and account number (because B claimed IBAN won't work, so didn't give it to me), and B's name. A was able to transfer the money apparently without extra difficulties, and it appeared on B's account on the same day. Contrary to some other posts here, IBAN has nothing to do with the Euro zone, nor is it a European system. It started in Europe, but it has been adopted as an ISO standard (link). As usual of course some countries don't see the urgency to follow an international standard :) XE.com has a list of all IBAN countries; quite a few are non-European. Here is even the list formatted specially for the European-or-not discussion: link."}
{"_id": "237571", "title": "", "text": "Ask around your area. Some stores will exchange because it saves them having to go to the bank to stock up on change. Some stores have machines that will convert the coins for a small percentage fee.  Some banks may do this exchange for folks who aren't customers, though that's uncommon.  My solution was to open a small account locally specifically as a place to dump my coins into. They'll even run a pile of coins through their counting machine for me, free, so I don't have to make up coin rolls as I did in the past."}
{"_id": "237573", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.france24.com/en/20170710-haitian-factory-workers-demand-higher-wages) reduced by 72%. (I'm a bot) ***** &gt; Hundreds of Haiti&amp;#039;s factory workers protested in Port-au-Prince on Monday against a small increase in the minimum wage set by the government.  &gt; The workers, paid 300 gourdes a day, are demanding 800 gourdes for an eight-hour day of labor making products in factories outsourced to foreign companies.  &gt; &amp;quot;They want to satisfy the interests of the bourgeoisie, but the voice of the people is the voice of God and there are more of us than there are of them,&amp;quot; he said, insisting the protesters would not give up on their demand for 800 gourdes a day.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mj7tv/hundreds_of_haitis_factory_workers_protested_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~164172 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **gourdes**^#1 **workers**^#2 **protested**^#3 **government**^#4 **factory**^#5\""}
{"_id": "237579", "title": "", "text": "That's what I tell others to do. And for the most part it's what I've done. Before the crash I knew something was wrong. Interest only loans was the real kicker for me. Then I started looking at the people I knew and the loans they were getting and I knew things weren't right. Not everyone should qualify, yet I knew people with bad credit getting jumbo loans and people making meager wages buying big homes. I got out and then my husband joined me when things started going south.   I picked the dot com burst right, too, but my husband fed me so much shit about being out that I got back in just to shit him up. I lost my shirt.   This time is different. And it feels bad to me. We can't do QE to get out of it either. Europe is still not out of trouble either. The only reason the market here is up is because of QE. It's a fake economy. If manufacturing were booming I could see a justification in the market increase. But it's not.   Hopefully I'm wrong."}
{"_id": "237580", "title": "", "text": "I mean  a checkings/savings combo is fiscally responsible if you're putting a 3-6 month emergency fund in there. Hell, I'd argue that you'd be insanely bad with money not to keep an emergency fund if you got the cash to spare.  401(k),IRAs, and stocks are great investment vehicles, but having a portion of your funds be liquid is important."}
{"_id": "237582", "title": "", "text": "Leaders really are important because they provide direction to their team members. But it is also important that a leader possess the knowledge and skills needed to be able to fulfill his responsibilities. With leadership training, one can become an efficient as well as effective leader."}
{"_id": "237584", "title": "", "text": "Get a copy of Capitalism for Kids - finally back in print (after being out of print for years). It's a great introduction to being an entrepreneur, aimed at young people. Six years old might be a bit early, though - but definitely before the teenage years."}
{"_id": "237607", "title": "", "text": "\"A friend since July online and big business talks and trust/money forwards.  Usually a question \"\"is this a scam or legitimate?\"\" is hard to answer since obviously scams are modelled after legitimate stories (or they'd easily fail). If there were bookmakers for \"\"scam or legitimate\"\", this one would easily gather odds of 10000:1.  The only plausible reason for this to be legitimate would be to defraud the scam-or-legitimate bookmakers. At any rate, Exxon is a large company and has to obey labor laws.  They cannot set up operations in a manner where their workers may not have access to their salary for prolonged times without easy remedy. Drop communications immediately, don't open them, don't read them.  They hook you with emotional investment.  They will redouble efforts if it appears you are slipping out of their reach.  Explanations will become more plausible, more pressing, more emotionally charged.  You are a big promising fish and they won't let you swim off without a serious struggle to rehook you. Hand your communication so far to law enforcement.  That may help with not having to figure this out on your own.\""}
{"_id": "237622", "title": "", "text": "List your property in Puyallup WA in our database and sell your home at the  best price. Leske Realty is the leading real estate agent in the region and  over the years we have helped many buyers and sellers to achieve their real  estate goals."}
{"_id": "237635", "title": "", "text": "I have heard of this, but then the broker is short the shares if they weren't selling them out of inventory, so they still want to accumulate the shares or a hedge before EOD most likely - In that case it may not be the client themselves, but that demand is hitting the market at some point if there isn't sufficient selling volume.    Whether or not the broker ends up getting all of them below VWAP is a cost of marketing for them, how they expect to reliably get real size below vwap is my question."}
{"_id": "237645", "title": "", "text": "The other answer covers the mechanics of how to buy/sell a future contract. You seem however to be under the impression that you can buy the contract at 1,581.90 today and sell at 1,588.85 on expiry date if the index does not move. This is true but there are two important caveats: In other words, it is not the case that your chance of making money by buying that contract is more than 50%..."}
{"_id": "237653", "title": "", "text": "Try Google Finance Screener ; you will be able to filter for NASDAQ and NYSE exchanges."}
{"_id": "237670", "title": "", "text": "Yea, because the question I asked was really indicative of what kind of employer I would be.  I was a manager at a retail store. My employees loved working for me. In fact, after I moved on to a job in the field my degree is in, my old employees still contact me to hang out. You're an idiot for trying to make any kind of assumption about the kind of boss I am from that single question."}
{"_id": "237690", "title": "", "text": "Thank you for replying. I assumed since I\u2019m the one asking for advice from him I should be leading the conversation with questions mostly. Wondering if you have an examples of what questions. I have some prepared but any extra insight is helpful."}
{"_id": "237693", "title": "", "text": "Some of the best leaders I have worked with are quite unassuming. A VP for a large corporation was what I assumed to be a humble, friendly guy. It wasn't until I heard him speak that I was blown away.  Several managers I have worked with also have been good leaders. They managed to shield me from a lot of crap"}
{"_id": "237694", "title": "", "text": "\"So are you only sexist once you do something about it? If you looked at a black applicant and thought the word \"\"nigger\"\" are you not racist just because you didn't say it and still hires him?  And this isn't me trying to be thought police, or a SJW (despite a few accusations of that in this thread). But if you automatically assume that a woman will behave a certain way, just because she's a woman, how are you not sexist? Hiring her doesn't change that.   But again, I find it odd that people state beliefs that are objectively discriminatory but shy away from admitting that they happen to be prejudiced. If you truly feel that men are better workers, less prone to gossip and drama then don't say \"\"I'm not sexist, but...\"\". Say \"\"I'm sexist, and this is why\"\".\""}
{"_id": "237712", "title": "", "text": "The difference is downside risk. Your CD, assuming you are in the US and the CD is purchased from a deposit bank, will be FDIC insured, your $10,000 is definitely coming back to you.  Your stock portfolio has no such guarantee and can lose money.  Your potential upside is theoretically correlated to the risk that some or all of your money may not be returned to you."}
{"_id": "237713", "title": "", "text": "\"I really do not care if \"\"they\"\" know my stats or even my likes or habits.  My gross assumption has been that privacy has been a myth for a very long time.  If someone of power wants information they will find/get it with little or a lot of determination.  Either way it can be had one way or another.\""}
{"_id": "237718", "title": "", "text": "There are two things to consider: taxes - beneficial treatment for long-term holding, and for ESPP's you can get lower taxes on higher earnings. Also, depending on local laws, some share schemes allow one to avoid some or all on the income tax. For example, in the UK \u00a32000 in shares is treated differently to 2000 in cash vesting - restricted stocks or options can only be sold/exercised years after being granted, as long as the employee keeps his part of the contract (usually - staying at the same place of works through the vesting period). This means job retention for the employees, that's why they don't really care if you exercise the same day or not, they care that you actually keep working until the day when you can exercise arrives. By then you'll get more grants you'll want to wait to vest, and so on. This would keep you at the same place of work for a long time because by quitting you'd be forfeiting the grants."}
{"_id": "237738", "title": "", "text": "Hi u/Sagiv1,  Short answer: Yes, you do have to pay taxes in Israel for all your worldincome.  Long answer: All countries within the OCDE consider you as a fiscal resident in the country where you spend over half a year in (183 days and up). If you do not spend that much time in any country, there are other tying measures to avoid people not being fiscal residents in any country.  Since you are living in Israel, you will have to pay all your worlwide generated income in Israel, following the tax regulation that is in place there. I am no Isarely Tax Lawyer so I cannot help you there.  Having a lot of business internationally brings other headaches with it. Taking for example the U.S. there is a possibility that they withold taxes in their payments. It is unlikely, though, as they have a Tax Treaty to prevent double taxation. You can ask for this witholded money to be returned from the U.S. or other countries through each country's internal process.  Another thing to take into account is that you can be taxed in other countries for any revenue you generate in said country. This is especially relevant for revenue that comes from Real Estate. The country where the real estate is will tax you in the country and you will have to deduct these taxes paid in your country, Israel in this case. If there is no tax treaty you might possibly be paying twice.  I know you said you do promotion, but I have to warn you about this, because I ignore what other countries tax or do not tax. So been giving more info won't hurt.  If the US is the main and/or only country you will be doing business with, I strongly recommend you real the Tax treaty with lots of love and patience. You can find it here: https://www.irs.gov/pub/irs-trty/israel.pdf or here:  Treaty:http://mfa.gov.il/Style%20Library/AmanotPdf/005118.pdf Amendment: http://mfa.gov.il/Style%20Library/AmanotPdf/005120.pdf  If you are from Israel and prefer it in Hebrew, here are the treaties in your language:  Treaty: http://mfa.gov.il/Style%20Library/AmanotPdf/005119.pdf Amendment: http://mfa.gov.il/Style%20Library/AmanotPdf/005121.pdf   Normally most IRS Departments have sections with very uselful help on these sort of matters. I'd recomment you to take a look at yours.   Last, what I've explained is the normal process that applies almost all over the world. But each country has their own distinctions and you need to look carefully. Take what I said as a starting point and do your own research or ideally try to find a tax consultant/lawyer who helps you.  Best of luck."}
{"_id": "237741", "title": "", "text": "I'm no expert -- but is our immediate future different? If automation or Amazon's decimation of low wage retail jobs puts large numbers of low-education workers out of work in a relatively short time period, isn't this more severe than, say, ATMs taking bank teller jobs? This could be a sea change of retail jobs disappearing across the board rather than a single disruptive technology affecting one sector.  Sure, retail products might be cheaper because humans are replaced with kiosks, but now tons of people who used to have retail jobs can't afford it anyway. Seems like we're reaching a level of tech where it's not just advancing efficiency and generating good will, but is now a serious threat to many peoples' livelihoods and generating as much fear as convenience."}
{"_id": "237743", "title": "", "text": "Theo thuy\u1ebft Ng\u0169 h\u00e0nh t\u01b0\u01a1ng sinh ( Kim sinh Th\u1ee7y, Th\u1ee7y sinh M\u1ed9c, M\u1ed9c sinh H\u1ecfa, H\u1ecfa sinh Th\u1ed5, Th\u1ed5 sinh Kim ) th\u00ec:  - ng\u01b0\u1eddi m\u1ea1ng h\u1ecfa n\u00ean ch\u1ecdc m\u1ed9c \u2013 c\u00e1c lo\u1ea1i Ti\u1ec1n \u0111\u1ec3 \u0111\u1ea7u t\u01b0 - ng\u01b0\u1eddi m\u1ea1ng th\u1ee7y n\u00ean ch\u1ecdn kim \u2013 V\u00e0ng \u0111\u1ec3 \u0111\u1ea7u t\u01b0 - ng\u01b0\u1eddi m\u1ea1ng m\u1ed9c n\u00ean ch\u1ecdn th\u1ee7y \u2013 D\u1ea7u th\u00f4 \u0111\u1ec3 \u0111\u1ea7u t\u01b0 - ng\u01b0\u1eddi m\u1ea1ng kim n\u00ean ch\u1ecdn th\u1ed5 \u2013 B\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u1ec3 \u0111\u1ea7u t\u01b0  =&gt; ng\u01b0\u1eddi m\u1ea1ng th\u1ed5 n\u00ean \u1ee7y th\u00e1c \u0111\u1ea7u t\u01b0 =&gt; ng\u01b0\u1eddi m\u1ea1ng kim n\u00ean \u1ee7y th\u00e1c \u0111\u1ea7u t\u01b0 \u1edf c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 V\u00e0ng \u2013 Ch\u1ee9ng Kho\u00e1n  Theo thuy\u1ebft Ng\u0169 h\u00e0nh t\u01b0\u01a1ng kh\u1eafc ( Kim kh\u1eafc M\u1ed9c, M\u1ed9c kh\u1eafc Th\u1ed5, Th\u1ed5 kh\u1eafc Th\u1ee7y, Th\u1ee7y kh\u1eafc H\u1ecfa, H\u1ecfa kh\u1eafc Kim ) th\u00ec:  - ng\u01b0\u1eddi m\u1ea1ng m\u1ed9c \u0111\u1ea7u t\u01b0 kim \u2013 V\u00e0ng th\u00ec ch\u1ec9 c\u00f3 thua l\u1ed7 - ng\u01b0\u1eddi m\u1ea1ng th\u1ed5 \u0111\u1ea7u t\u01b0 m\u1ed9c \u2013 c\u00e1c lo\u1ea1i Ti\u1ec1n th\u00ec ch\u1ec9 c\u00f3 thua l\u1ed7 - ng\u01b0\u1eddi m\u1ea1ng h\u1ecfa \u0111\u1ea7u t\u01b0 th\u1ee7y \u2013 D\u1ea7u th\u00f4 th\u00ec ch\u1ec9 c\u00f3 thua l\u1ed7 - ng\u01b0\u1eddi m\u1ea1ng th\u1ee7y \u0111\u1ea7u t\u01b0 th\u1ed5 \u2013 B\u1ea5t \u0111\u1ed9ng s\u1ea3n ch\u1ec9 c\u00f3 thua l\u1ed7  C\u00f3 nh\u1eefng ng\u01b0\u1eddi kinh doanh, \u0111\u1ea7u t\u01b0, giao d\u1ecbch ch\u1ec9 c\u00f3 thua l\u1ed7 \u2026 h\u1ecd kh\u00f4ng bi\u1ebft t\u1ea1i sao ? =&gt; Thuy\u1ebft Ng\u0169 H\u00e0nh c\u00f3 th\u1ec3 l\u00fd gi\u1ea3i nguy\u00ean nh\u00e2n cho ch\u00fang ta bi\u1ebft\u2026  L\u00e0m vi\u1ec7c g\u00ec c\u0169ng ph\u1ea3i thu\u1eadn theo t\u1ef1 nhi\u00ean th\u00ec m\u1edbi Th\u00e0nh C\u00f4ng !"}
{"_id": "237749", "title": "", "text": "\"Controversy is oh so very different from trolling. If you want to see trolling, look at magicunderpants.  Controversy is saying \"\"Hey, this thing you all do? We should question it cuz this isn't how business could possibly work for real\"\" in an atmosphere where everything is all-startup, all-funding, all the time.\""}
{"_id": "237753", "title": "", "text": "\"PC for sure.  Every class you will have will be taught with PC and windows.  Excel keying isn't apples to apples between the two.  Macs are nonexistent in the \"\"real world\"\" of finance.  Get a PC.  Cheaper and better for this purpose.\""}
{"_id": "237756", "title": "", "text": "The news is sort of out there, Its just very local but will affect neighbouring countries and prices if the winter hits hard. Im just thinking that because I only see it being picked up by local news (in the local language) that maybe not all investors on the energy market are aware yet.   There are so many more obvious news that affects the european market that investors would trade on currently (ukraine etc..) that I dont think they are following local news in a foreign language"}
{"_id": "237760", "title": "", "text": "You don't even need to formally loan the LLC any money. You pay for the setup costs out of pocket, and then once the LLC is formed, you reimburse yourself (just like with an expense report). Essentially you submit an expense report to the LLC for the startup costs, and the LLC pays out a check to you, categorized for the startup expenses."}
{"_id": "237774", "title": "", "text": "Sovereign Inn group offers its guests quality Newcastle Accommodation Services. One can choose from over 34 non-smoking rooms that are comfortably appointed. Newcastle is the 2nd most popular area in New South Wales and is a top destination for travelers. Contact at: 02-6452-1366."}
{"_id": "237777", "title": "", "text": "The title is misleading.  They're just offering employees the option of a lump sum and they're giving the rest to a separate company to handle because the massive pension liability hanging over GM's head makes investors nervous.  The workers aren't getting screwed, they're still getting their pension payments.  The unions have had pretty much unrestrained complete control over the US auto makers for much of recent history, and it wasn't until they realized that their demands were choking the life out of the whole industry that they finally started to back off a bit and the companies have been able to recover somewhat."}
{"_id": "237783", "title": "", "text": "Options or Shares vest by date they are granted. It would strike me as odd for anyone to say their shares were given with 4 year vesting, but the clock was pre-started years prior.  In my opinion, you have nothing to complain about."}
{"_id": "237784", "title": "", "text": "Yes, automatic rate increases are typical in my experience (and I think it's very greedy, when it's based on nothing except that your lease is up for renewal, which is the situation you are describing). Yes, you should negotiate. I've had success going to the apartment manager and having this conversation:  Make these points: Conclude: I am not open to a rate increase, though I will sign a renewal at the same rate I am paying now. This conversation makes me very uncomfortable, but I try not to show it. I was able to negotiate a lease renewal at the same rate this way (in a large complex in Sacramento, CA).  If you are talking to a manager and not an owner, they will probably have to delay responding until they can check with the owner. The key really is that they want to keep units rented, especially when units are staying empty. Empty units are lost income for the owner. It is the other empty units that are staying empty that are the huge point in your favor."}
{"_id": "237785", "title": "", "text": "As you have indicated, the 1042-S reflects no income or withholding.  As such, you are not required to file a US tax return unless you have other income from the US.  Gains on stocks are not reported until realized upon sale. FYI, your activity does not fit the requirements of being engaged in a trade or business activity.  While the definition is documented in several places of the Code, I have attached Publication 519 which most accurately represents the application to your situation as you have described it. https://www.irs.gov/publications/p519/ch04.html#en_US_2016_publink1000222308"}
{"_id": "237800", "title": "", "text": "&gt; ...but more fundamentally, there are two factors that exclude banks from ponzi scheme membership:  It has nothing to do with either of those actually.  What separates them from ponzi schemes is that they're paying back creditors when they pay interest to depositors.  They are not paying back equity holders (which is what a ponzi scheme pays returns to)."}
{"_id": "237819", "title": "", "text": "If you wish to clean up the apartment or the home\u2019s duct area or the commercial premises then it would be vital that you take up things that would help you in getting the exact options. With times things have changed and so you should take help of the commercial cleaning options."}
{"_id": "237826", "title": "", "text": "I think our definition of investor is different. I don't typically think of the pre school teacher who pays into union pension is an investor, but they technically are. Which is where this disagreement stems from. Right, the person who doesn't know what the Dow and S&amp;P are probably don't need to see statements periodically although can still invest with an advisor. So what develops trust other than track record? clients stay with him for a long time could be an answer. But why do they stay with them? B/c performance. Will a money manager who consistently loses money not get fired bc performance is a bad indicator? How do people determine good vs bad job other than based on their performance of that job?"}
{"_id": "237827", "title": "", "text": "I think even if the actual figures were off by 50%, there are still worthy points to think about.   A) Car accidents cost a lot in money and lives, and often in ways we might not think about at first.  B) There are certain types of accidents that cost more.   C) Google needs to hurry up with their self driving cars.   In the meanwhile, it might be a good idea to try and address some of these issues while we await the arrival of our Google Overlords."}
{"_id": "237828", "title": "", "text": "\"No, this is not solid advice. It's a prediction with very little factual basis, since US interest rates are kept just as low and debt levels are just as high as in the Eurozone. The USD may rise or fall against the EUR, stay the same or move back and forth. Nobody can say with any certainty. However, it is not nearly as risky as \"\"normal forex speculation\"\", since that is usually very short term and highly leveraged. You're unlikely to lose more than 20-30% of your capital by just buying and holding USD. Of course, the potential gains are also limited.\""}
{"_id": "237856", "title": "", "text": "Lampert is going to take all of the prime real estate through his secured loans.   I saw someone's blog post randomly where he bought calls @ $60 back in 2014, smh. Some people really can't dig to discover the truth where this was so obvious IMO. They just see the potential valuation."}
{"_id": "237873", "title": "", "text": "\"&gt; The 20 million people added to healthcare is a number they boast and brag about when they dont realize (from a study im having a hard time reproducing so take it with a grain of salt) roughly 65% of those people could afford health insurance prior to the aca just chose not to buy and because of the mandate were forced to.   Yes, *that* is one of the reasons I supported the ACA. The problem of rising health care costs, as one of the sources I linked to showed, is the \"\"free rider\"\" problem. Too many people walk into the emergency room uninsured, or *under*-insured. They get emergent care that they are not covered for, and the hospitals jack up the prices greatly in the hopes of getting a larger portion reimbursed by Medicare. Now, who pays for that Medicare reimbursement? You and I, of course. The taxpayers do. And we pay a heavily artificially inflated version of that price. This is the most jacked up form of universal health care, but that is what the GOP if fighting to reinstall.   &gt; I also know that for me health insurance prior to the ACA was significantly lower roughly 50% cheaper and that doesnt even begin to touch the hikes a lot of people i know saw.   I have no doubt this is true, and another reason that I support the ACA - not because it equates to higher prices for you, but because for the first time it made younger adults actually responsible for their medical bills. When the ACA was enacted, we had a guy in our company who was about 23 years old. He saw his insurance costs go up by 50%. We covered is insurance increases, because we supported him. However, what we found when we went back and compared the insurance that he had with the insurance that he has is that the first policy didn't cover anything but the most extreme circumstances. It was a junk policy, that left the taxpayer liable for a lot of stuff - ambulatory response, x-rays, medicine, etc. There was nothing in there for preventative care - which as the study I linked showed, greatly impacted health for the worse.   &gt; They have some of the lowest income tax rates in the world.  Again, Switzerland has *lower* tax rates than the US, but they don't even crack the [top 20 when it comes to countries with low taxes](http://www.businessinsider.com/wef-countries-with-the-lowest-tax-rates-in-the-world-2015-10/#2-qatar-113-qatar-edges-out-the-regions-other-oil-rich-state-to-come-in-second-place-but-still-loses-out-to-one-other-nation-17). Most of the countries in that list are relatively poor countries to the average citizen, with weak infrastructure. Many of those countries are monarchies in which the ruling family controls the number one source of income - oil - so there is no taxes, they just skim their money right off the top. These are not countries that we would want to live/retire in.   Switzerland succeeds with low taxes because they have a very efficient (universal) health care system, and they have almost no military to fund.   &gt; While i do not own my own company or have anything to do with R&amp;D i can for a fact disprove your theory  Again speaking in absolutes. This denotes that you can disprove every situation possible to show that government is worse than commercial. As I said, if you thought that before you entered my industry, you quickly see the flip side of that coin.   Your example is a perfect example of that. So you work in construction, an industry in which commercial is notorious for *underbidding* a contract (whether to government or to private), and then running into *unexpected* overages that cause the job to go over schedule, over budget. These companies succeed because there are a very small number of providers that can accomplish certain jobs, so they tend to stick around (just like the big banks) even though they aren't the best.   Its not like the government just sits around and takes it. I know of at least [one federal contractor who went to federal prison](https://www.justice.gov/archive/usao/id/news/2012/sept/large09192012.html) for fraudulently winning contracts in my part of the country.   &gt; The private sector will always have a need to innovate and that need will always be filled with or without the government the only difference is the private sector wont keep throwing money at an unsustainable rate like the government does because if they dont see results its not worth funding.  And this is *why* the government can succeed in areas that commercial cannot. This is why government got the first people on the moon, not commercial. This is why we have already sent missions to mars, whereas Musk is going to make those trips more efficient. It is because government has tremendous resources that they can throw at a problem. Even the richest man in the world will run out of money before he can solve the big problems. As I told a poster earlier, JIEDDO spent over $1T working on the IED problem in Iraq / Afghanistan. This was the number one killer of our troops. There were *many* inventions that came out of this. There is no company in this world that had the resources to tackle this problem solely. What the government does a great job in is rallying the troops, and assembling resources to tackle a major task that would be unclimbable by the individual.   &gt; Id also like to add you are near the same age as my father who also served in the military and i thank you for your service.   Thank you. I just hope that the Navy got as much out of me, as I learned and earned from serving. It is the basis of our company.\""}
{"_id": "237895", "title": "", "text": "This sounds obvious, but: If the landlord is easygoing, you could ask him if he's okay with you subletting the space, and then you could sublet it.  Of course you may have to do some work yourself to find an appropriate tenant and make sure you're doing everything legally, but if it works, it's better than paying rent for nothing."}
{"_id": "237906", "title": "", "text": "There is no generic answer and it would depend on case to case basis.  CSD are built on strong foundation in the sense they would have very low cost base and generally would not go bankrupt.  However if such a situation as CSD provide an essential role, the regulator, central bank and Government would all step in to prevent a total collapse. They would be forced merged with other entity or more capital raised or put under watch by Govt appointed trustee to settle issues so that there is least or No impact."}
{"_id": "237907", "title": "", "text": "\"I don't look to Super or Pension, I am working on self funding. My method is work in Sydney and buy a house in Sydney (I bought 6 years ago). Let my property rise on this stupidly insane Sydney growth (my place has risen by 76% in the last 6 years and thats in a \"\"bad\"\" economic climate). Each time the equity hits a certain point get an investment property on an interest only home loan and rent it out. Build this portfolio up as much and as quickly as you can. Repeat over and over until I decide to retire. Sell up investment properties and buy NOT IN SYDNEY where it is much cheaper and move there, keep the main house I always lived in as by this time I will own it outright, rent it out for an income that will more than sustain me in my retirement. Although there is also merit in the idea of sell the one you lived in and use the money to pay of one of the investments, this way you avoid capital gains tax. This idea came to me last night :)\""}
{"_id": "237911", "title": "", "text": "\"Your comment is more related to economics rather than finance. You're right that with conventional, everyday goods that \"\"value\"\" is an entirely subjective thing. Economists formalize this idea with the notion that people's preferences determine market prices.  In finance, though, \"\"fundamental value\"\" relates to the value of the cash-flows produced by a financial asset. In Marxian terms, we're talking about exchange value - what can I get if I take this bond/stock and sell it. The value I get should be equivalent to the monetary value of the cashflows produced by that asset over time, discounting for uncertainty, etc. So, \"\"fundamental value\"\" is a bit more objective in finance since these things produce something quasi-objective - cash.\""}
{"_id": "237915", "title": "", "text": "Here's a few:"}
{"_id": "237923", "title": "", "text": "Since cashiers, and everyone else, should have to suffer for the failures of our upper classes over the past 30 years, I propose we include the upper classes in this roster of those who should suffer. Would that be okay, or should they continue to do better and better while the rest of us do worse?"}
{"_id": "237924", "title": "", "text": "\"This is why I hate any article talking about luck and success.  It gives people an excuse as to why they aren't successful in life (I'm not lucky) and a way to shit on anyone that is successful (something Reddit loves).  \"\"See if you throw enough mud at a wall, eventually some of it will stick. And if 20,000 people start a business, then most will fail, but some will succeed, and some will go through the roof.\"\"  This doesn't really work.  If you keep doing the same stupid things over and over, you most likely will not succeed.  However, if you fail, learn from the failure, and try again over and over, you most likely will succeed at some point.  This isn't because of luck.  I've worked with a lot of people in business and the reason most fail is because they give up or are just not experienced enough to know the correct path.  I suppose I should be glad that the majority of people are lazy..it just means less competition for me.  \"\"The business acumen of the directors is sometimes capable of making a business MORE successful than it otherwise would be, but mostly, it's down to luck.\"\"  If it really was luck, anyone could sit there, do nothing, and success would come upon them.  This never happens.  Every decision in life that you make involves some sort of chance (or luck), but it's not nearly as much as what you would like us to believe.\""}
{"_id": "237947", "title": "", "text": "\"One of the places I've worked at held a mandatory meeting every week, and I telecommuted. I clocked something like 6 hours a month sitting around with muted phone watching movies or playing games, because it was all pointless recapping or the partners droning buzzwords and saying shit that was patently obvious or totally irrelevant to anything I did on any real level. I literally logged in, then unmuted myself to say some bullshit \"\"Good meeting, thanks for the update\"\" or \"\"Yeah, I think this is going to help break new ground, thanks!\"\" at the end just so they knew I was still on the line.\""}
{"_id": "237950", "title": "", "text": "\"Where I'm from, \"\"extra income\"\" and side jobs are not really a thing. In fact, overworking is seen as a systemic failure. Uber drivers here mainly do it for a living but have to do long hours to meet ends.\""}
{"_id": "237955", "title": "", "text": "Don't worry, Israel handles threats to its existance very well.  To remind you: the nuclear reactor in Iraq, destroyed by Israel in the 1970s. The nucelar reactor in Syria, destroyed few years ago.  Last week, the factory for chemical weapons which was not supposed to exist, does not exist anymore.  Many Iranian scientists died unexpectedly and if needed, there will be a cleanup job in Iran, with the help of all the Arab/Muslim neighboring countries, all of them hate Iran more than Israel does..."}
{"_id": "237956", "title": "", "text": "To add to this, that risk is really only a problem if you don't have the cash flow to service the debt. If the surplus dips but your ultimately profitable on whatever trade you made, you're okay. If you default, you're not okay.  Volitility relative to loan term effectively."}
{"_id": "237974", "title": "", "text": "&gt; I personally think MLM systems are shady.      You make this sound like a personal opinion.   It is a fact, MLM are a shady way to scam money from aspirational poor people.      If you want to scam poor people out of their money, go deal drugs.  At least that way you will likely make a profit."}
{"_id": "237982", "title": "", "text": "Is China in a position to do anything meaningful - if they cared they would let the yuan appreciate and thus increase their domestic spending and reduce their trade surpluses. China does not care - or rather they have an interest in seeing Europe crumble as they relatively gain power."}
{"_id": "238015", "title": "", "text": "Twice I went into Best Buy this summer and found items less than online.  I finally bought a floor model Canon t2i for $500.  I mentioned to the guy that this was less than a used one on eBay.  He mentioned corporate had just hired a guy whose whole job is to browse the internet and make prices competitive, at least where they are able to."}
{"_id": "238017", "title": "", "text": "That's only the market rate if there is nobody else willing to do the job for less.  Look at how things go in 3rd world countries - the elite simply hire bodyguards and armored vehicles/helicopters to transport themselves around.  You would have to prove somehow that your bodyguard services are worth 1/2 their net worth, and that nobody could do as good of a job for less than that.  The rich communities become walled compounds with private mercenaries keeping the riff raff out.  In these countries, there's any number of willing young men to earn in a month what most of the country makes in a year to take up arms against their fellow citizens in defense of the elite.  Security just becomes another minor expense to keeping up a household."}
{"_id": "238024", "title": "", "text": "Just before a crash or at the start of the crash most of the smart money would have gotten out, the remaining technical traders would be out by the time the market has dropped 10 to 15%, and some of them would be shorting their positions by now.  Most long-term buy and hold investors would stick to their guns and stay in for the long haul. Some will start to get nervous and have sleepless nights when the markets have fallen 30%+ and look to get out as well. Others stay in until they cannot stand it anymore. And some will stick it out throughout the downturn. So who are the buyers at this stage? Some are the so called bargain hunters that buy when the market has fallen over 30% (only to sell again when it falls another 20%), or maybe buy more (because they think they are dollar cost averaging and will make a packet when the price goes back up - if and when it does). Some are those with stops covering their short positions, whilst others may be fund managers and individuals looking to rebalance their portfolios. What you have to remember during both an uptrend and a downtrend the price does not move straight up or straight down. If we take the downtrend for instance, it will have lower lows and lower highs (that is the definition of a downtrend). See the chart below of the S&P 500 during the GFC falls.  As you can see just before it really started falling in Jan 08 there was ample opportunity for the smart money and the technical traders to get out of the market as the price drops below the 200 MA and it fails to make a higher peak. As the price falls from Jan 08 to Mar 08 you suddenly start getting some movement upwards. This is the bargain hunters who come into the market thinking the price is a bargain compared to 3 months ago, so they start buying and pushing the price up somewhat for a couple of months before it starts falling again. The reason it falls again is because the people who wanted to sell at the start of the year missed the boat, so are taking the opportunity to sell now that the prices have increased a bit. So you get this battle between the buyers (bulls) and seller (bears), and of course the bears are winning during this downtrend. That is why you see more sharper falls between Aug to Oct 08, and it continues until the lows of Mar 09. In short it has got to do with the phycology of the markets and how people's emotions can make them buy and/or sell at the wrong times."}
{"_id": "238056", "title": "", "text": "Do you have direct deposit of your paycheck? If so, almost every employer will allow you to split the paycheck into two accounts. You could open one account for savings, and one for spending. Put $x from each paycheck into the savings account, and the rest into the spending account. Keep the savings account totally separate, with its own ATM card. There should be no way to get money out of this account except by using the SEPARATE ATM card. Now, get a dish of water. Put the ATM card in the dish of water. Put the dish of water in the freezer.  If you are ever tempted to spend your savings, you'll have to wait for the block of ice to defrost. Hopefully, while the ice is defrosting, the urge to waste money will pass :)"}
{"_id": "238058", "title": "", "text": "Have you ever been so poor as to be destitute? Not just someone with a hard scrabble life but someone with no options? I come from a third world country and was so poor that sometimes, I went hungry for days and on others, had nothing more than a banana to eat. My parents pawned all their meager savings to ensure I got a good education and was supporting my parents straight out of college.   I am one of the lucky ones who got away but I had plenty of hard-working, honest and talented friends who are stuck. You need to walk in the shoes of these people.   It is not always so simple. There are quite a few youth who while away their time on Reddit, games, hanging out on the corners of streets and so on but for every such person, there is a Dad or a Mom with a medical condition, a child whose parents are uneducated and too poor to teach their children at home, people who are too ill physically or mentally to work and having large medical bills and families that are barely surviving. Yet, they have chosen the hard, honest life over one of crime and petty theft. These people deserve our respect, even when we disagree with them.   I am an extreme libertarian who thinks all government programs should be abolished but I respect the liberal viewpoint. Churches and charity are not always the answer. Many times, it is also one of chance and station in life.  Edit - Pardon the lack of structure. This thread touched a raw nerve, even as I leave my old life behind and move towards a brighter future.  Edit - Need to add for posterity that I came to the US as a skilled worker and legal immigrant, having been invited due to my skills in a particular field."}
{"_id": "238070", "title": "", "text": "Any investment advice that is not targeted to your situation should be avoided."}
{"_id": "238074", "title": "", "text": "Paralegal?  It varies from country to country (assuming SomeDutchGuy is Dutch), but in the US you just file papers, no lawyer or legal professional needed.  That's why there's a limit on small claims court, so that small disputes can be settled without having to pay a lawyer (probably in excess of the disputed amount)."}
{"_id": "238075", "title": "", "text": "As you probably know, a credit spread involves buying a call (or put) at one strike and selling another call (or put) at another with the same maturity, so you're dealing with two orders. Your broker will likely have to fill this order themselves, meaning that they'll have to look at the existing bid/asks for the different strikes and wait until the difference matches (or exceeds) your limit order.  Obviously they can't place limit orders on the legs individually since they can't guarantee that they will both be executed.  They also don't care what the individual prices are; they just care what the difference is.  It's possible that they have computer systems that examine existing bids and asks that would fill your order, but it's still done by the broker, not the exchange.  The exchange never sees your actual limit order; they will just see the market orders placed by your broker."}
{"_id": "238087", "title": "", "text": "Nofel. So basically I wanted to know how to calculate that how much should I be paying for car or rent etc? I'm not big on percentages.  Instead, I prefer hard numbers based on what you owe and what you earn. Here are rules of successful budgeting which I developed when deep in debt.  They apply to everyone: After going through this exercise, you definitely might realize that you need to move to a less expensive apartment, or trade your car in for something smaller, drink less, etc. Or even get a second job."}
{"_id": "238092", "title": "", "text": "In Portugal, Uber competes with Cabify. Though Uber is the cheapest, Cabify is only marginally more expensive (10% max usually), no dynamic pricing, great customer service, they give you water for free if necessary - great for when you go out, cars are newer/better overall, drivers are nicer and they themselves mention that Cabify on top of commission it also pays them a fixed price/hour which even if low it guarantees them some money on the table.  I personally switched due to the PR scandals and honestly for the reasons I mentioned I don't know how people still go for Uber over here."}
{"_id": "238099", "title": "", "text": "Actually, I was listening pretty closely and heard very, very few people speaking about the budget.  They were typically ridiculed (often, by republican cheerleaders).   You make a good point about shills.  Unfortunately, the vast majority of so-called deficit hawks are the shills you are talking about.  Also, lets not redirect the focus.  The article is about the budget. Not Obama, war protesters, or anything else."}
{"_id": "238100", "title": "", "text": "RoyalBank provides a no fee transfer service (no fee in the sense that there is no per transfer fee aside from the spread). There is monthly fee if you keep less than 1500 or so on the american side. http://www.rbcroyalbank.com/usbanking/cross-border-transfer.html"}
{"_id": "238121", "title": "", "text": "\"@sdg - If you can be flippant, I can be pedantic. Insider Trading is not illegal. Any employee of a company can be an insider, yet most of their trades are perfectly legal. What is illegal is trading on Inside Information. Such information may be available to those within a company, or those who have some contact with an employee. In fact, if I am seated at a restaurant table and hear Bill and Warren talking about a purchase they plan to make, I am in possession of inside information and risk prosecution should I purchase shares and profit.  Often, a company will have a \"\"quiet period\"\" before earnings reports or potential stock-price-moving-news. During this time, employees are forbidden from buying or selling shares, excluding those that would be automatically bought in their retirement accounts or ESPP.\""}
{"_id": "238130", "title": "", "text": "because it's not cheaper? it's virtually free to run a private chain (no transaction fees, no competition for mining), it doesn't require even a millionth of a fraction of the maintenance resources, and you maintain total operational control over it (bitcoin could crash, it's encryption could be broken, 100's of things could change which would totally shitbrick your internal infrastructure). lastly, if you want, you can destroy the chain (say if you are sharing private documents with another legal firm, you can destroy the chain when the case is done, the documents wont be floating in a public chain for perpetuity).  the mega chain is a very stupid idea because it forces everything to be hosted by everyone, which very quickly loses feasibility, instead you will likely see an increase in very specific use case chains."}
{"_id": "238136", "title": "", "text": "First, it all depends on whether the wrong person actually goes bankrupt at all, which would be very unlikely if not impossible in an economic scenario of perfect competition (this is because a share of your market is practically guaranteed).    Second, Securing new capital to keep things going would be relatively simple; At a new bond auction, people can put new measured capital in, and they get new bonds out, increasing their wallet size (if someone invests $500 of capital at a 5% interest rate for a one year bond, they immediately get back a note with the purchasing power of $525, which they can spend right away if they wish (if inflation is going to happen anyway, why not beat it to the punch?)).    Third, it's not as if every single company in the whole territory is going to have their bonds zooming around as the money supply at one time; They might be as few as five at one time to twenty at another, depending on the diversity of peoples preferences for monetary activity, be it an easy or tight monetary policy (obviously the market would decide exchange rates, no one's arguing that)   Fourth, even if they ever did go bankrupt, since you already used up your share of their bonds, the other firms can't blame you for that, because you honestly went about using them with no knowledge that the firm would go bankrupt ever.  Think of the Schrodinger's cat assumption applying."}
{"_id": "238148", "title": "", "text": "Trump is two months away from saying that 9/11 was an inside job and that Clinton tried to use chem-trails on him.   He is a paranoid, deluded, sick man.   If we go to war because of this asshole, and millions die, Congress will have to be tried for treason for crimes against humanity for not stopping this and choosing to further their agendas instead."}
{"_id": "238155", "title": "", "text": "You missed my point. Unless the iWatch is the only device saving me from impending death, the odds that I (a idevice addict) will ditch my grandfathers memories are extremely small.   The wrist for some people is no-go real estate exactly for that reason."}
{"_id": "238160", "title": "", "text": "Just remember that LightSquared might bring real competition to wireless cell and broadband services and the big wireless vendors have every incentive to kill the wholesale network before it ever becomes real.  The article even says the tests are are at a much higher power than LightSquared would use."}
{"_id": "238173", "title": "", "text": "I've been a retail trader for close to 7 years and while I have a specialized futures account, I use Interactive Brokers for my other trading. They charge per share or contract rather than per trade (good for smaller accounts  or if you want to piece into and out of positions). You can also trade just about anything. Futures, options, options on futures, individual stocks, ETFs, Bonds (futures), currencies. The interface is pretty good as well. I have seperate charts (eSignal) so I'm not sure how good their charting is"}
{"_id": "238186", "title": "", "text": "You can obtain a stocklist if you file a lawsuit as a shareholder against the company demanding that you receive the list. It's called an inspection case. The company then has to go to Cede and/or the Depository Trust Company who then compiles the NOBO COBO list of beneficiary stockholders. SEC.gov gives you a very limited list of people who have had to file 13g or 13d or similar filings. These are large holders. To get the list of ALL stockholders you have to go through Cede."}
{"_id": "238215", "title": "", "text": "You'd likely be subject to a lock-up period before you could sell the shares along with possibly having other rules about how you could sell your shares as you'd likely be seen as an insider that may have information that gives you an unfair advantage for selling the stock possibly. Depending on how far in advance you hold the shares, you may or may not have adjustments in the valuation and number of shares as some companies may do a split or reverse split when preparing for an IPO. A company I worked for in the late 1990s had an IPO and my stock options had a revised strike price because of a reverse stock split that was done prior to the IPO."}
{"_id": "238234", "title": "", "text": "There is a thing called the consumer price index (CPI) There is a basket of goods that the people who keep the index basically shop for.  It is much more detailed for the sake of accuracy, but bottom line is they shop for the same stuff each year.  They measure the difference from year to year and that gives you a pretty good idea of inflation from a regular person point of view. http://www.inflationdata.com/Inflation/Consumer_Price_Index/HistoricalCPI.aspx But it isn't without its faults, people bicker about the methodology and what constitutes the index. http://www.investopedia.com/articles/07/consumerpriceindex.asp?viewed=1"}
{"_id": "238247", "title": "", "text": "\"Well I doubt that the gay consultant from a notable New York family married to a Puerto Rican dancer and living in San francisco would have a son in Kentucky. If he had a previous marriage, it is supposed to say so in a NY Times wedding announcement by the way  \"\"Knopf\"\" is probably a fairly common German name.  David Knopf at Kraft Heinz does not appear to have any family connection to his job. Kraft Heinz is owned by 3G, a Brazilian private equity firm founded by that country's richest man, Jorge Paulo Lemann. The 3G group owns various large companies around the world. Knopf graduated from high school in Louisville in 2006, summa at Princeton in 2010, two years at Goldman Sachs, then joined 3G and rose to CFO at their subsidiary Kraft Heinz in 5 years. I think it looks like he is primarily responsible for his own success, and there is no evidence otherwise\""}
{"_id": "238264", "title": "", "text": "Everyone has shifted to social media platforms and spend a lot of time from their routine life surfing the interest and the various platforms such as Facebook, Twitter, Pinterest, and much more. One of the biggest social media platforms is Pinterest. Pinterest is a big social media platform that reaches a large number of audiences and peoples browse their website for various creative ideas on any topic or subject. Many companies offer Pinterest Activities Promotion Costs in India and you can sit with them and understand what various package has to offer.  http://smocompaniesindia.com/Pinterest-marketing-plan.html"}
{"_id": "238271", "title": "", "text": "I never said all public employees fly first class. I worked in the public sector for 3 years and flew economy and most of colleagues did as well so I agree that most public employees fly coach.   Maybe I didn't explain what I did before starting a business. As a computer programmer for 15 years, I've worked for 2 private companies and 1 publicly-funded educational organization. Public or private, I've always flown economy except for a couple of times where I was bumped to first class by the airline.   A lot of people fly coach when taking personal trips so it would be hypocritical of them to demand first class from their employer for business trips. I guess it just pisses me off when people brag that they fly first class or business class or booked a posh hotel room with a view when their paycheck comes from tax dollars or union dues."}
{"_id": "238288", "title": "", "text": "I'm aiming to buy in four and a half years... I'll have about $120k in savings between various accounts and be making $52k a year with no debt and no obligations... no kids, I'll have excellent credit (building it--I didn't want cards while paying off student loans) and still... I'll be lucky to be able to afford a 600 sq foot condo with a $300/mo HOA fee.   Fucking SF Bay Area. I can't even afford to live in a Section-8 complex right now. Seriously. What the bloody fucking fuck ($1,500/mo if you're not Section-8... they get discounts).   Thank goodness for my dad, he's the only reason I was able to pay off my student loans within two years of getting my current job and the only reason I am able to save so much.  Our system is seriously fucked. People making $44k a year should be able to afford an apartment within a hour commute of work in an area where they don't have to dodge bullets or fight rats...."}
{"_id": "238294", "title": "", "text": "Proportional is good, but we don't need redistribution. The market mechanism does that on its own when it's free. The bailouts of the banks and auto industry should have shown that the only thing stopping a major, but poorly run business from bankruptcy (and having its assets redistributed) is government intervention.  Maybe the change will light a fire under complacent companies and they'll start earning their profits again, or maybe they'll fail. There's no way to know ahead of time, but with no legal barriers to entry, the playing field will be fair again."}
{"_id": "238309", "title": "", "text": "I was under the impression that Congress needed the President's Signature for a bill to become law, and the President has the power of Veto. In reality he has quite a bit to say about policy, especially because neither party would have a 3/4 vote to overrule a veto."}
{"_id": "238310", "title": "", "text": "The best way to use your new credit card to establish credit history is to use it for small-medium purchases and pay it off in full each month. There is no reward for using it more than once a month. If you are getting some sort of rewards for using the credit card to pay your health insurance (air miles, points, etc.), then you could go ahead and use it. Your credit score will take a temporary hit for high utilization. You can actually avoid this by making a partial payment before the end of the billing cycle so that your utilization is never reported as near 100%."}
{"_id": "238333", "title": "", "text": "Assuming the stock was worth more at the time she gave it to you than when she bought it, the cost basis would be the amount that she bought it for. You would then pay tax on the increase in value from that time.  Generally it's better to inherit assets than receive them as gifts, since the cost basis of inherited assets is raised to the value at the time of the death of the one leaving the inheritance. You will probably need to find some record of the original amount paid so you can determine the right cost basis."}
{"_id": "238359", "title": "", "text": "Such regulation went into effect in Poland a few years ago. What happened was that the advertisers began putting more low frequency tones into the ads - the power output was the same, but due to the way humans are wired, the ads were still percieved as louder. I wonder if the same thing will happen in the US :)"}
{"_id": "238360", "title": "", "text": "The investments offered in 401K are usually limited to a selection of mutual funds offered by a 401K provider.  The 401K providers and the mutual funds charge fees.  The mutual fund industry has a lobbying group that will push for increased 401K contributions to direct money into their mutual funds to collect fees.  The top 401 K provider in 2005 was fidelity.  It managed $337 billion in 401Ks of which $334 billion was directed into mutual funds. Although I would have to use some of the same providers to open an IRA, I would not have to invest in the providers' mutual funds when I open an IRA.  I can buy a stock and hold onto it for 10, 20, 50 years inside of my IRA.  Thus, the only fee the investment company would collect from me would be from when I purchased the stock and when I sold the stock.  Not nearly as profitable as mutual fund fees."}
{"_id": "238384", "title": "", "text": "I seem to remember multiple airplane projects that went way overbudget even without outsourcing though. As they said, the manufacturing cost is only around 10%, so even if it costs *double* to outsource do to poor decisions, it still is a minority fraction of the entire cost."}
{"_id": "238385", "title": "", "text": "\"I think it's very reasonable to expect a person to back up a claim they've made. Telling someone to \"\"go to Google\"\" seems rather lazy to me, or at least promoting extremely poor conversation skills. Or do you not agree that someone should support their own claims?   Your suggestion doesn't even make sense, to be honest. You're telling someone to check someone else's claim using a website that both confirms and contradicts the claim.  &gt;Reading usernames would definitely be a valuable skill for you to practice going forward.  Thanks for repeating what I said, I guess?\""}
{"_id": "238398", "title": "", "text": "Have tact. Don't outright ask for it but drop all the hints/info for him to add two and two together. If he doesn't offer it to you today, he might tomorrow so don't ask for too much at once (you'll sound pushy and needy) and just appreciate the time to speak with someone successful even if he doesn't offer you a job.   During the interview, you'll want to find that right balance between being inquisitive and being stupid. Anything you can Google is probably a stupid question. Anything that asks for his opinion on a topic relevant to his field should be a better option. Career advice and any life advice and stories of how he tackled common problems you're facing are safe options.   At least that's my take on how these interviews should work. Easier said than done so keep practicing like you are now. Good luck."}
{"_id": "238421", "title": "", "text": "\"In finance  What kind of amorphous bullshit is that? There are literally hundreds of different things that can varyingly be termed \"\"in finance\"\". If you want the traditional big bank job working as a spreadsheet monkey, very fucking difficult right now. Masters in finance doubling down on a BS: if it's from Princeton, great, if it's from Blue Mountain State, whatever. A CFA is getting common but it might help - it probably won't hurt at least.   If you mean \"\"as a big shot trader for a hedge fund\"\" the answer is precisely impossible with only that on your resume. If you mean entry corporate finance, it's certainly possible (although you should not listen to anything I say in this regard as I've successfully avoided learning much about the subject thus far and have no intention of changing that, thus am as roughly as reliable on that as a wet paper towel).\""}
{"_id": "238423", "title": "", "text": "Unless you're eating live turkeys, you're saying that simply raising things give us the right to abuse them.  It doesn't matter whether its for food or not, that part happens after they're dead.  Maybe I'll start chopping off my cat's toes for shits and giggles--I am, after all, the one raising it.    Do you maintain the same sentiment towards the abuse of dogs before slaughter in South Korea and China?  What about bears tortured for their gall bladders?  I mean, that's what they were raised for."}
{"_id": "238441", "title": "", "text": "\"man your insults are really shit. almost as bad as your literacy.   looking forward to the next great question you posit to r/finance. maybe such challengers as \"\"what's a stock index\"\" and \"\"i bought uvxy - what is it?\"\"\""}
{"_id": "238455", "title": "", "text": "You will owe tax on all but the deposit that was not taxed.  e.g. You deposited $5000/yr for 3 years, and deducted $5K for each of 2 years (the third $5K  deposit was a nondeductible IRA contribution which you reported to the IRS by filing Form 8606 with your tax return for that year). Now you convert the total balance of $18K ($15K of contributions plus $3K of interest/gains). In this case, $5K is not taxable income while the $13K is taxable income. This calculation is done on Form 8606 for the year of the rollover. Edit in response to OP's comment. The Roth conversion is text based on the value of a day it was  converted. One thing to be aware of is that you can re-characterize up until the time you file your taxes for 2017 in April 2018 (or with extension up until October).  This offers you the opportunity to undo the conversion if for whatever reason the value is lower at the time you do your taxes or if the converted amount will put you into a higher tax bracket. You don't need to give the IRS a reason, it's up to your discretion. As Dave note in a comment, the conversion isn't all or none. The recharacterization, along with this fact, help you to fine tune exactly how much in converted in hindsight."}
{"_id": "238474", "title": "", "text": "If it helps you to think about it, long is equivalent to betting for the upside and short is equivalent to betting for the downside. If you are long on options, then you expect the value of such options to increase.  If you are long an option, then you own the option.  If you are short an option, then generally you sold the option.  Someone who is short a call (sometimes called the writer or occasionally the issuer) has sold a call option to someone who is now long a call. Buying a call option that will increase in value is itself a form of investment, just as it's investment to buy stock or other instruments hoping they will appreciate in value.  An option's value will rise or fall with the underlying, so being long an option is a way to be long in the underlying.  Someone can be long in a stock by buying the stock, or long in a call by buying call options in the stock.  The long call generally requires less initial investment than buying the underlying, and lets the option-holder avoid the asset downside during the option term.  The risk is that the asset may not appreciate to the point that the call option will pay off. In the conceptual sense, a share of stock is a particular right to the profits and assets of a corporation, both in form of dividends and in liquidation.  An option is a particular right to the the share of stock.  It's just a further way to formalize and subdivide the various property rights that exist in a corporation.  If you can buy a piece of paper with particular rights to corporate profits and assets, then you can buy another piece of paper with particular rights to the former piece of paper."}
{"_id": "238479", "title": "", "text": "Qualir is a world leading company of automobile products, where you will find thousands of products offered at affordable prices. We dedicated to best products, fast shipping and superior customer service for more than 10 years. Most of our multimedia player are common car DVD players for certain car models and years. If you cannot find the right one or not sure about it, please kindly provide us the basic information below before placing order."}
{"_id": "238484", "title": "", "text": "\"Every bank/financial institution uses different terms but I read \"\"cost of carry\"\" as the 'risk' cost of the portfolio. that is, what is the equivalent maturity risk-free rate + the principal-weight probability of default (or to make it more complex, loss give default) %. If this summed % is less than the rate earned on the portfolio of loans you would buy loans. The difference is your spread or profit.\""}
{"_id": "238491", "title": "", "text": "\"Mostly ditto to @grade'eh'bacon, but let me add a couple of comments: Before I did anything, I'd find out more about what's going on. Anytime someone tells me that there's a problem with \"\"security codes or something\"\", I get cautious. Think about what the possibilities are here. Your relative is being scammed. In that case, helping him to transfer his money to the scammer is not the kind of help you really want to give. Despite your firm belief in your relative's integrity, he may have been seduced by the dark side. If he's doing something illegal, I'd be very careful about getting involved. My friends and relatives don't ask me to commit crimes for them, especially not in a way that leaves me holding the bag if things go wrong. Assuming that what is going on here is all legal and ethical, still there is the possibility that you could be making yourself liable for taxes, fees, whatever. At the very least I'd want to know what those are up front. As @Grade'eh'bacon, if he really has a problem with a lost password or expired account, by all means help him fix that problem. But become someone else's financial intermediary has many possible pitfalls.\""}
{"_id": "238499", "title": "", "text": "In the Virginia, all the military homes owners are military man. They have very strict rules and regulations. If you are looking for military rental homes, make sure it is a safe area that may be reached safely in all weather conditions."}
{"_id": "238500", "title": "", "text": "What is the best option to start with? and  I am not sure about my goals right now but I do want to have a major retirement account without changing it for a long time That is a loaded question. Your goals should be set up first, else what is stopping you from playing the mega millions lottery to earn the retirement amount instantly. If you have the time and resources, you should try doing it yourself. It helps you learn and at a latter stage if you don't have the time to manage it yourself, you can find an adviser who does it for you. To find a good adviser or find a fund who/which can help you achieve your monetary goals you will need to understand the details, how it works and other stuff, behind it.  When you are thrown terms at your face by somebody, you should be able to join the dots and get a picture for yourself. Many a rich men have lost their money to unscrupulous people i.e. Bernie Madoff. So knowing helps a lot and then you can ask questions or find for yourself to calm yourself i.e. ditch the fund or adviser, when you see red flags. It also makes you not to be too greedy, when somebody paints you a picture of great returns, because then your well oiled mind would start questioning the rationale behind such investments. Have a look at Warren Buffet. He is an investor and you can follow how he does his investing. It is simple but very difficult to follow. Investing through my bank I would prefer to stay away from them, because their main service is banking and not allowing people to trade. I would first compare the services provided by a bank to TD Ameritrade, or any firm providing trading services. The thing is, as you mentioned in the question, you have to go through a specific process of calling him to change your portfolio, which shouldn't be a condition. What might happen is, if he is getting some benefits out of the arrangement(get it clarified in the first place if you intend to go through them), from the side of the fund, he might try to dissuade you from doing so to protect his stream of income. And what if he is on a holiday or you cannot get hold of him. Secondly from your question, it seems you aren't that investing literate. So it is very easy to get you confused by jargon and making you do what he gets the maximum benefit out of it, rather than which benefits you more.  I ain't saying he is doing so but that could be a possibility too, so you have consider that angle too. The pro is that setting up an account through them might be much easier than directly going to a provider. But the best point doing it yourself is, you will learn and there is nothing which tops that. You don't want somebody else managing your money, however knowledgeable they maybe i.e. Anthony Bolton."}
{"_id": "238503", "title": "", "text": "No such law in existence or planning. There are no limits on what you can transfer in or out of the USA, as long as you're not doing tax evasion/money laundering, or violating embargo laws against specific countries and organizations. Explanation why Rob's answer is wrong: There's no, and never has been, withholding requirement when transferring money between own accounts. FATCA doesn't impose any new withholding. It reinforces the existing 30% withholding requirement, and suggests that the 30% withholding requirement may supersede treaty positions. Generally internal legislation cannot supersede international treaties, so I'm very skeptical about the US Gov't ability to enforce this. 30% withholding on payments to  foreign people/entities has always been there. It's not new. Certain payments that are income sourced in the US and being remitted to foreign payees is subject to 30% withholding (unless treaty says otherwise). There's nothing new about it, been like that forever."}
{"_id": "238517", "title": "", "text": "The U.S. treasury sells Treasury Bonds directly to consumers at: http://www.treasurydirect.gov/"}
{"_id": "238540", "title": "", "text": "In the event that you trust that you are an area for conceivable power interruptions, at that point you much better be prepared for things to happen. You can't stop the power interference to happen in your place any-way you can discover an administration so that even with a power interruption encounter, you can, in any case, proceed with what you are doing. All you require is a Commercial Backup Generator that will furnish you with the required power in light of the power that it has kept. The generator normally works by changing force into electrical vitality that is the reason you have the chance to proceed with home exercises as the power intrusion goes on."}
{"_id": "238564", "title": "", "text": "**Pearl River Delta**  The Pearl River Delta (PRD), also known as Zhujiang Delta or Zhusanjiao, officially known as the Yuegang'ao Greater Bay Area or Guangdong\u2014Hong Kong\u2014Macau Greater Bay Area, is the low-lying area surrounding the Pearl River estuary, where the Pearl River flows into the South China Sea. It is one of the most densely urbanized regions in the world and is an economic hub of China. This region is often considered an emerging megacity. The PRD is a megalopolis, with future development into a single mega metropolitan area, yet itself is at the southern end of a larger megalopolis running along the southern coast of China, which include metropolises such as Chaoshan, Zhangzhou-Xiamen, Quanzhou-Putian and Fuzhou.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "238568", "title": "", "text": "\"This is accepted law in Pennsylvania, however, I will defer to your expertise and state that the decades long precedents are incorrect and every judge that allows cases to continue is wrong and you are correct.    The Internet is great for things like that.    Hopefully the next person in court can simply state:  No your Honor, the landlord did not follow established law!   Court rulings be damned.    I was on reddit and /u/OriginalSimba stated unequivocally said that what is happening is \"\"legally impossible\"\" and that the decades of precedent that exist is simply because \"\"the court screwed up\"\".    Heck, they can take it further to state that \"\"every lease in Pennsylvania is illegal\"\".    I offer sarcasm as a response but if this was a single ruling I might agree with you.  It's well established here in the great Commonwealth of PA.  I say it's been around 30 years because I've been a landlord here for over 20 years, and a renter for about 10 or so before that.  The clause has always been there.  The basis for today's laws here in PA are from the Landlord Tenant Act of 1951.  I'm not a lawyer so I can't tell you when the first waiver of rights came about but it's very possible it could go back that far.\""}
{"_id": "238578", "title": "", "text": "At-will state or not, I would make it a point to tell him I voted for Obama, and when I got fired this email plus my response would be pretty good grounds for a case. You can't fire someone for being gay in an at-will state, and you can't fire them for their political beliefs. What he did wasn't illegal, but he set himself up for an easy trap from a litigious employee. No one ever said he was smart though, he did some asinine things with his mansion."}
{"_id": "238580", "title": "", "text": "\"&gt;The culture does, indeed, glorify all the best parts of startup-dom and creates a toughness challenge that renders \"\"no, this may not be a good idea\"\" unfalsifiable because failure are personal while successes are cultural.   At this point, the same can be said for American capitalism as a whole.\""}
{"_id": "238587", "title": "", "text": "Because some overhead expenses will be shared (accounting, most salaries, sales etc.) it's far easier to give him an ownership stake in the company because you won't be able to calculate net profit for each component correctly. What I would say to him is, in exchange for $80K and the contract with his building company (make sure it is significant enough to be worth it$ you will give him 35% of the company.   How did you come up with he $1 million in net profit calculation? How much of that is reliant on his business?"}
{"_id": "238592", "title": "", "text": "\"I used prosper.com about 4-5 years ago and all my loans have paid off since.  I stopped using it because it was difficult to find people who were not fools.  The last straw was a profile that went something like this: \"\"NEED $5k TO GET OUT OF DEBT\"\" and then listed Cable TV as a $130/mo expense along with a bunch of other frivolous stuff.    Perhaps it has improved since?\""}
{"_id": "238603", "title": "", "text": "I lived in California for 35 years. I have never heard of canes.   When people would come to California from other states (particularly back east) - they would *always* say \u201cI heard we have to go to \u201cIn\u2019n\u2019Out\u201d while we are here for our trip.   I call shenanigans. Get a broom."}
{"_id": "238622", "title": "", "text": "Since you worked as an RA, the university should send you a W2 form. The taxable wages line in that form would be the sum of both the direct salary and employer paid benefits that are taxable. As such you should not need to do anything than enter the numbers that they provide you."}
{"_id": "238629", "title": "", "text": "For ESPP, the discount that you get is taxed as ordinary income. Capital gains is taxed at the appropriate rate, which is different based on how long you hold it. So, yes, if the stock is going up,"}
{"_id": "238634", "title": "", "text": "While JB King says some useful things, I think there is another fundamental reason why stock markets go down after disasters, either natural or man-made.  There is a real impact on the markets - in the case of something like 9/11 due to closed airport, higher security costs, closer inspections on trade goods, tighter restrictions on visas, real payments for the rebuilding of destroyed buildings and insurance payouts for killed people, and eventually the cost of a war. But almost as important is the uncertainty and risk. Nobody knew what was going to happen in the days and weeks after an attack like that. Is there going to be another one a week later, or every week for the next year? Will air travel become essentially impractical? Will international trade be severely restricted? All those would have a huge, massive effect on the economy. You may argue that those things are very unlikely, even after something like 9/11. But even a small increase in the likelihood of a catastrophic economic crash is enough to start people selling. There is another thing that drives the market down. Even if most people are sure that there won't be a catastrophic economic crash, they know that other people think there might be and so will sell. That will drive the market down. If they know the market is going down, then sensible traders will start to sell, even if they think there is zero risk of a crash. This makes the effect worse. Eventually prices will drop so far that the people who don't think there is a crash will start to buy, so they can make a profit on the recovery. But that usually doesn't happen until there has been a substantial drop."}
{"_id": "238677", "title": "", "text": "Let's be honest though; you would to if accepting reality meant that your way of life, your job, your grossly inflated salary, etc. just dried up over night. They're doing everything they can, hemorrhaging money buying law makers, paying lawyers, fighting tooth and nail to keep the dam from bursting. I can see why they'd do that, it makes sense. And the people who aren't at the top making millions a year in those respective area should also be terrified. The fallout from the newspapers was bad enough, swaths of people were laid off, wages were cut all around. It will not be a pretty sight to see when this happens to TV and Music. I imagine the Music industry will collapse first, mostly because they've been in the fight a lot longer than TV has, and so much new talent is actively avoiding them."}
{"_id": "238678", "title": "", "text": "The Piranha modular design allows for blades to be replaced due to damage or to be re-pitched for performance. The key to the patented Piranha boat propeller is the hub. The center hub is made from a high-strength aluminum core, over molded with our specially-formulated composite material."}
{"_id": "238682", "title": "", "text": "\"These warrants do not have a fixed expiration date, rather their expiration date is dependant upon the company completing an acquisition.  Thirty days after the acquisition is complete the warrants enter their exercise period.  The warrants can then be exercised at any time over the next five years.  After five years they expire. From the \"\"WARRANT AGREEMENT SOCIAL CAPITAL HEDOSOPHIA HOLDINGS CORP.\"\": A Warrant may be exercised only during the period (the \u201cExercise Period\u201d) (A) commencing on the later of: (i) the date that is thirty (30) days after the first date on which the Company completes a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, involving the Company and one or more businesses (a \u201cBusiness Combination\u201d), and (ii) the date that is twelve (12) months from the date of the closing of the Offering, and (B) terminating at the earliest to occur of (x) 5:00 p.m., New York City time on the date that is five (5) years after the date on which the Company completes its initial Business Combination, (y) the liquidation of the Company in accordance with the Company\u2019s amended and restated memorandum and articles of association, as amended from time to time, if the Company fails to complete a Business Combination, and (z) 5:00 p.m., New York City time on, other than with respect to the Private Placement Warrants, the Redemption Date (as defined below) as provided in Section 6.2 hereof (the \u201cExpiration Date\u201d); provided, however, that the exercise of any Warrant shall be subject to the satisfaction of any applicable conditions, as set forth in subsection 3.3.2 below, with respect to an effective registration statement Source : lawinsder.com\""}
{"_id": "238702", "title": "", "text": "\"Years ago I wrote an article Risk, Reward, Coin Flipping which explains from a 'game theory' perspective how diversifying works to minimize standard deviation in one's returns.  It's long and tedious, not easy to summarize, but it holds up well, I'm pleased with how the analogy does its job.  Update - the above is too \"\"link-only\"\", written over 5 years ago. The article I wrote offers a mathematical approach via an understandable example of coin flipping. With just 2 options, a 'head' is a 10% loss, while a 'tail' is a 30% gain. This actually represents the market fairly well as it results in a 10% average gain and 28% standard deviation for just 2 flips. The article shows how by 'diversifying', choosing to make multiple smaller bets, the average 10% stays the same, but the standard deviation is brought down dramatically, 7.6% when we use a sample experiment with 7 coins.\""}
{"_id": "238742", "title": "", "text": "\"I have no fundamental problem with unions; I just think they've overplayed their hand of late, and perhaps would find it valuable to work on better defining or improving the unique value of their workers if they intend to regain even a small sliver of thir previous influence.  On to your point ...  As I (poorly) tried to say, the PR hit from a strike is one \"\"cost\"\" that a company must evaluate in determining whether it makes sense to replace workers.  In many cases, the cost of the PR hit is considered lower than the cost of appeasing the union members these days.\""}
{"_id": "238743", "title": "", "text": "http://www.scottrade.com/online-brokerage/interest-margin-rates.html  Rates fluctuate based upon the federal funds rate."}
{"_id": "238744", "title": "", "text": "As a hiring manager, I've never had someone mention glass door in an interview, good or bad.  I don't think it really matters for most people.  The people who would look to glass door for a deciding opinion probably don't have many outstanding offers to choose from."}
{"_id": "238746", "title": "", "text": "\"The larger macro funds, the ones struggling in this environment, need there to be a\"\"normal\"\" amount of volatility in the market to make money. They need price action to provide buy/sell points, and to help them spot trends. The one way market we have been in for a long time makes this difficult/impossible. And then when we get two days in a row like we just had, it can really fuck them up and will lead them to take positions of at the worst time. And the loses are larger because all the macro funds use leverage, so a dollar loss could really become $3-6.  The index funds are winning right now, no doubt. But they will have thier day off reckoning too, we just don't know how that plays out...yet.  everyone put active mutual funds in the trash two years ago, and they are having the best year they have had in ages. It's all very cyclical. (Sorry for one paragraph, I'm on mobile.)\""}
{"_id": "238747", "title": "", "text": "If you are using T-mobile you don't have to put $100 in each year to keep your minutes for a year.  Once you spend $100 you get a year with any additional minutes you buy.  Buying them $100 at a time is the cheapest way - but when you renew you can renew with only $50 or $30 and you have a year to use them from the last time you bought. I did this this year - only put $50 on each phone because we don't use $100 worth in a year."}
{"_id": "238760", "title": "", "text": "Given that Uber is nothing but a payday loan scam where you steal money from your future self, and give 25% of it to Uber, it is simplicity itself to know that this must also be a scam. Avoid like the plague."}
{"_id": "238766", "title": "", "text": "\u0110\u00e2y l\u00e0 m\u1ed9t trong nh\u1eefng nh\u00f3m th\u1ef1c hi\u1ec7n t\u1ed5ng th\u1ec3 cao h\u01a1n cung c\u1ea5p d\u1ecbch v\u1ee5 th\u1ea1ch cao gi\u00e1 r\u1ebb, ch\u00fang t\u00f4i s\u1eed d\u1ee5ng v\u1eadt li\u1ec7u t\u1ed1t nh\u1ea5t. M\u1ee5c ti\u00eau c\u1ee7a ch\u00fang t\u00f4i l\u00e0 ho\u00e0n th\u00e0nh s\u1ef1 h\u00e0i l\u00f2ng v\u1ec1 tr\u1ea7n nh\u00e0 v\u00e0 th\u1ea1ch cao \u0111\u00fang c\u00e1ch b\u1ec1n l\u00e2u. B\u1ea5t c\u1ee9 khi n\u00e0o b\u1ea1n mu\u1ed1n s\u1eeda ch\u1eefa nh\u00e0 ho\u1eb7c l\u00e0m th\u1ea1ch cao b\u1eb1ng v\u1eadt li\u1ec7u t\u1ed1t nh\u1ea5t tran thach cao dep, th\u00ec b\u1ea1n kh\u00f4ng c\u1ea7n ph\u1ea3i \u0111i \u0111\u00e2u c\u1ea3, b\u1edfi v\u00ec b\u1ea1n \u0111\u00e3 \u0111\u1ebfn \u0111\u00fang n\u01a1i. SMY Plaster l\u00e0 m\u1ed9t trong nh\u1eefng nh\u00e0 cung c\u1ea5p d\u1ecbch v\u1ee5 t\u1ed1t nh\u1ea5t th\u1ebf gi\u1edbi v\u1ec1 th\u1ea1ch cao v\u00e0 tr\u1ea7n nh\u00e0."}
{"_id": "238786", "title": "", "text": "\"Your #1 problem is the Government both in it's form as a taxation outfit and as a 'law and order' outfit.  You'd be very surprised at how fast a bank seizes your bank account in response to a court order.  Purchase 100 Mexican 50 Peso Gold (1.2 oz/ea).  These coins are cheap (lowest cost to get into) and will not be reportable on sale to taxing authorities.  That money is out of the banking system and legal system(s).  Do not store them in a bank! You need to find a tax strategist, probably a former IRS agent / CPA type. With the rest remaining money...  There's an old saying, Don't fight the Fed.  As well as \"\"The trend is your friend\"\".  So, the Fed wants all savers fully invested right now (near 0 interest rates). When investing, I find that if you do exactly opposite what you think is the smart thing, that's the best thing.  Therefore, it follows: 1) Don't fight the Fed 2) Do opposite of smart 3) Do: Fight the Fed (and stay 100% out of the market and in cash) We're looking like Japan so could remain deflationary for decades to come.  Cash is king...\""}
{"_id": "238809", "title": "", "text": "\"Fuck exempt salary positions.  The necessary reform is overtime for anyone who isn't a partial owner.  If you own a company and want to work a 100 hour week, fine.  But you cannot hire an \"\"exempt\"\" employee and work them 100 hours because of some classification.  Any non-owner should get overtime.  That would fix the massive unemployment/underemployment problem straight away.  If businesses can't force people to work two jobs for the pay of one, they'll have no choice but to hire more people.  The other problem is unpaid internships.  If someone works, they get minimum wage.  Probably more.  Remember, people fought and died for 40 hour weeks and fair labor laws.  Asshole corporations have fought to deny this.  I'm surprised they haven't tried to repeal child labor laws yet.  Most of them would be happy with ten year-olds working ten hour days for nothing.\""}
{"_id": "238817", "title": "", "text": "Your example isn't consistent: Q1 end market value (EMV) is $15,750, then you take out $2,000 and say your Q2 BMV is $11,750?  For the following demo calculations I'll assume you mean your Q2 BMV is $13,750, with quarterly returns as stated: 10%, 5%, 10%.  The Q2 EMV is therefore $15,125. True time-weighted return :- http://en.wikipedia.org/wiki/True_time-weighted_rate_of_return  The following methods have the advantage of not requiring interim valuations. Money-weighted return :- http://en.wikipedia.org/wiki/Rate_of_return#Internal_rate_of_return  Logarithmic return :- http://en.wikipedia.org/wiki/Rate_of_return#Logarithmic_or_continuously_compounded_return  Modified Dietz return :- http://en.wikipedia.org/wiki/Modified_Dietz_method  Backcalculating the final value (v3) using the calculated returns show the advantage of the money-weighted return over the true time-weighted return."}
{"_id": "238833", "title": "", "text": "I would suggest a high interest checking account if you qualify, or if you don't, an Investor's Deposit Account (IDA)."}
{"_id": "238837", "title": "", "text": "It depends on the firm. I was interviewing with a few PE firms a few months ago, and the structure can vary. Some were definitely just LBO shops where the bulk of the staff were focused just on the deal. I remember a couple, however, that placed a lot of emphasis on getting in-house after the deal and performing what ultimately amounted to long term management consulting. These firms tended to hold companies for like 10+ years iirc. It sounds like there might be options out there in line with your passions, you just need to be pretty picky with the firm you join. I only remember one firm's name off the top of my head, but I'd be happy to pm it to you if you want to do some more research yourself."}
{"_id": "238838", "title": "", "text": "Modular Kitchen in Udaipur http://kitchensdot.com/ Modular kitchen consists of several modules or units so it is named as modular kitchen. Modular kitchen enhances the beauty and functionality of your kitchen. Kitchens dot com is customer oriented organization located in Udaipur. We are known for high quality array of modular kitchens. Our offered variety is highly applauded for its captivating look, high longevity, ideal strength and termite resistance features."}
{"_id": "238846", "title": "", "text": "Inkable is committed to delivering a wide selection of quality printed products at very reasonable prices directly to Australian business. Based in Taichung Taiwan Inkable employs an international team of printing experts who are hard at work producing, sourcing and shipping the great printing products that help propel your business forward."}
{"_id": "238847", "title": "", "text": "Thanks. Yeah, I am active on linked in and it's really great even for cold messages. I have a different experience with the groups. Usually, they are not active. Can you link me that group? But the organic reach on my profile is a lot better than on Facebook."}
{"_id": "238850", "title": "", "text": "More relevant than comments here are giving it credit for - this is a direct impediment to Uber's plan for domination of global rideshare transportation networks.   Southeast Asia may see a repeat of Uber's defeat in China. SEA isn't as difficult of a market, but also consider Uber's current predicament without a CEO and with drops in valuation/investor cash."}
{"_id": "238852", "title": "", "text": "$100K is not a lot for my $335K house (now appraised at $389K after 2 years...wtf), with Taxes close to $11500 per year. I'm paying 30K per year JUST for the house+escrow. Now factor in utilities, food, cars, insurance, healthcare, etc."}
{"_id": "238860", "title": "", "text": "I see a lot of promises of pay and plans to do so but very few data on people being paid.   Higher minimum wages are great but for me until they've been doing it for a while it doesn't amount to much."}
{"_id": "238877", "title": "", "text": "It isn't the first initiative (see link below) and maybe this one will stick around.  Time will be a good test.   Here is an article on it.... http://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.asp  They plan to make money off unused balances - so they hope to get the masses signed up using the 0$ fees.  Also, no type of advanced trading, just limit and market orders.   Think of it this way - even if someone puts in 100$ and buys a stock at 88$...that 12$ sits there.  Multiply that by say....200,000 accounts and then do a basic 3% return on that.   Also, they plan for margin accounts in the future.   Time will tell....  sort of like I use Acorn right now (but it charges a fee to invest - a slightly higher than normal one). I signed up for fun and am just letting it ride."}
{"_id": "238881", "title": "", "text": "\"&gt; Some locations are typical ghetto dumps, and other locations are VERY pleasant, like Starbucks. The \"\"cafe\"\" concept will work if they push it.   Aside from McDs simply being unhealthy, This is one of the reasons I shy away from there (except for the once/twice yearly big mac combo); it looks like a dump and it just feels unclean standing there. They really need to class their places up. Presentation means something.\""}
{"_id": "238894", "title": "", "text": "I feel like IRR is the tool you want to use for this, then you can look at your output and determine if it's higher than what your discount rate is likely to be.  Similarly, you can just do a traditional NPV analysis and then examine the sensitivity by changing the discount rate. If you're safely in profitable territory then you're probably fine despite not knowing the discount rate."}
{"_id": "238903", "title": "", "text": "The sale of shares on vesting convolutes matters. In a way similar to how reinvested dividends are taxed but the newly purchased fund shares' basis has to be increased, you need to be sure to have the correct per share cost basis. It's easy to confuse the total RSU purchase with the correct numbers, only what remained.  The vesting stock is a taxable event, ordinary income.  You then own the stock at that cost basis. A sale after that is long or short term and the profit is the to extent it exceeds that basis.  The fact that you got these shares in 2013 means you should have paid the tax then. And this is part two of the process. Of course the partial sale means a bit of math to calculate the basis of what remained."}
{"_id": "238913", "title": "", "text": "Are you referencing the stupidity of average tv subscribers?   It seems like TV could face serious problems with regards to ad revenue without a serious drop in the subscriber base. DVR and the internet seem to pose a big threat to the status quo.  Maybe I'm mistaken, but I thought advertising was a huge proportion of tv profits."}
{"_id": "238917", "title": "", "text": "I find that most of the people who make this case either are threatened by Bitcoin's success (Jamie Dimon one of the banking cartel heads) and / or they don't own any Bitcoin.    Based on the concerted effort to tarnish Bitcoin's rep by various actors  simultaniously, I also wonder if the big money just wants to drive down the price a bit in order to get in at a lower price point.    All in all I suspect the short term setbacks for Bitcoin, which it always bounces back from rather quickly, are helpful in terms of some check on too fast a lift off for the platform.    Which crypto currencies will best retain and increase in value seems to be a much more accurate question than IF crypto currencies will retain value.  One thing I am nearly certain of is that when another global economic crash looms, crypto, which can't be inflated and isn't controlled by any central bank, will probably skyrocket in value.  But time will tell I suppose."}
{"_id": "238947", "title": "", "text": "Some doctors will give folks who are not covered by insurance a price break. If that describes you, you could ask. But if you didn't discuss the price in advance, that isn't the doctor's fault, any more than it would be the mechanic's fault if you asked for auto service without getting an estimate first. Consider it a cheap lesson in not making assumptions."}
{"_id": "238963", "title": "", "text": "For index funds to be a poor investment, they would have to perform worse than your alternative investments.  In this case, we'll assume the alternative to be the individual stocks.  Obviously, it must be possible to pick just the winning stocks and avoid the losing stocks, raising your rate of return... however, several studies have shown that individuals are horrible at picking winners.  We let our emotions, are biases, and are suppositions get in the way.  You could literally throw a dart, but then you either win big or lose big.  Picking the fund evens that out for you, so you don't win or lose big, but just get a consistently boring (yet consistently good) return. If you have a lot of time to put into the research, and are confident in your ability to pick winning stocks, then you can do better than the index funds.  Otherwise, sticking with the index fund is probably a smart choice."}
{"_id": "238964", "title": "", "text": "huh? the Volker Rule is straight up repealed, in full.  &gt;TITLE IX\u2014REPEAL OF THE VOLCKER RULE AND OTHER PROVISIONS  &gt;SEC. 901. REPEALS. &gt;(a) In General.\u2014The following sections of title VI of the Dodd-Frank Wall Street Reform and Consumer Protection Act are repealed, and the provisions of law amended or repealed by such sections are restored or revived as if such sections had not been enacted:  &gt;(1) Section 603.  &gt;(2) Section 618.  &gt;(3) Section 619.  &gt;(4) Section 620.  &gt;(5) Section 621.  &gt;(b) Clerical Amendment.\u2014The table of contents under section 1(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act is amended by striking the items relating to sections 603, 618, 619, 620, and 621."}
{"_id": "238983", "title": "", "text": "etags.com Legit eTags, a web service provider of vehicle registration renewals, also writes about tips for potential, new, and experienced vehicle owners for topics that range from tips on maintenance to insurance to buying a car and how to get the most and have the best experience."}
{"_id": "238989", "title": "", "text": "Why would they?  Why negotiate against yourself?  They seem willing enough to have this either killed in the senate or altered in some way and brought back to them. Hensarling is chasing some dumb growth number and wants to be seen doing it. Most ranking republicans know this won't happen."}
{"_id": "239019", "title": "", "text": "There is an IRS mandated rate for mileage reimbursement. I believe it's currently $0.55/mile. That covers gas, wear and tear, insurance, etc.   Not sure if they'd use that, but it's not like reimbursing people for driving their own car is a new problem to be solved."}
{"_id": "239030", "title": "", "text": "\"Congrats on the upcoming wedding! Here is the official answer to this question, from the IRS. They note that you can choose to treat your spouse as a US resident for tax purposes and file jointly if you want to, by attaching a certain declaration to your tax return.  Though I'm not a tax expert, if your partner has significant income it seems like this might increase your taxes due. You can also apply for an SSN (used for tax filings, joint or separate return) at a social security office or US consulate, by form SS-5, or file form W-7 with the IRS to get a Taxpayer Identification Number which is just as useful for this purpose.   Without that, you can write \"\"Non Resident Alien\"\" (or \"\"NRA\"\") in the box for your partner's SSN, and mail in a paper return like that.  See IRS Publication 17 page 22 (discussions on TurboTax here, here, etc.).\""}
{"_id": "239046", "title": "", "text": "To be fair, it's kind of hard to compete when you have to spend over $100k per vehicle on medallions, but the competition can just buy a car and start driving.  Don't get me wrong, the medallion system needs to die in a fire yesterday, but as usual when corruption is weeded out, mostly it's the wrong people who end up footing the bill. The politicians who created this racket are the real crooks, but they're not the ones who end up going bankrupt."}
{"_id": "239047", "title": "", "text": "If you are still not convinced, think about this important fact, as well: Quite simply, the best time to rent Temecula apartments is during the winter or wet months when apartment communities are offering the most competitive specials and lowest rents."}
{"_id": "239049", "title": "", "text": "Lightning rod has been protecting places for 100 of years. This is a tried and tested methods that has been used by most of the worlds tall buildings. Only the technology on which it is built has advanced as per the modern requirements. A lightning rod is erected on the roof of a building and it is connected to a conducting channel to take the huge discharge of electricity into the ground. Visit us online here: https://www.slideshare.net/HanrryAlexander/lightning-damage-77871643 all-you-need-to-know-about-lightning-and-lightning-rod/"}
{"_id": "239052", "title": "", "text": "You will pay taxes in both states!!! Where you bought the ticket as soon as you claim it.  and your residence state at the end of the year! Its called state Income Tax."}
{"_id": "239061", "title": "", "text": "\"At one point in my life I sold cars and from what I saw, three things stick out.  Unless the other dealership was in the same network, eg ABC Ford of City A, and ABC Ford of City B, they never had possession of that truck. So, no REAL application for a loan could be sent in to a bank, just a letter of intent, if one was sent at all. With a letter of intent, a soft pull is done, most likely by the dealership, where they then attached that score to the LOI that the bank has an automated program send back an automatic decline, an officer review reply, or a tentative approval (eg tier 0,1,2...8). The tentative approval is just that, Tentative. Sometime after a lender has a loan officer look at the full application, something prompts them to change their offer. They have internal guidelines, but lets say an app is right at the line for 2-3 of the things they look at, they chose to lower the credit tier or decline the app. The dealership then goes back and looks at what other offers they had. Let's say they had a Chase offer at 3.25% and a CapOne for 5.25% they would say you're approved at 3.5%, they make their money on the .25%. But after Chase looks into the app and sees that, let's say you have been on the job for actually 11 months and not 1 year, and you said you made $50,000, but your 1040 shows $48,200, and you have moved 6 times in the last 5 years. They comeback and say no he is not a tier 2 but a tier 3 @ 5.5%. They switch to CapOne and say your rate has in fact gone up to 5.5%. Ultimately you never had a loan to start with - only a letter of intent. The other thing could be that the dealership finance manager looked at your credit score and guessed they would offer 3.5%, when they sent in the LOI it came back higher than he thought. Or he was BSing you, so if you price shopped while they looked for a truck you wouldn't get far. They didn't find that Truck, or it was not what they thought it would be. If a dealership sees a truck in inventory at another dealer they call and ask if it's available, if they have it, and it's not being used as a demo for a sales manager, they agree to send them something else for the trade, a car, or truck or whatever. A transfer driver of some sort hops in that trade, drives the 30 minutes - 6 hours away and comes back so you can sign the Real Application, TODAY! while you're excited about your new truck and willing to do whatever you need to do to get it. Because they said it would take 2-5 days to \"\"Ship\"\" it tells me it wasn't available. Time Kills Deals, and dealerships know this: they want to sign you TODAY! Some dealerships want \"\"honest\"\" money or a deposit to go get the truck, but reality is that that is a trick to test you to make sure you are going to follow through after they spend the gas and add mileage to a car. But if it takes 2 days+, The truck isn't out there, or the dealer doesn't have a vehicle the other dealership wants back, or no other dealership likes dealing with them. The only way it would take that long is if you were looking for something very rare, an odd color in an unusual configuration.  Like a top end model in a low selling color, or configuration you had to have that wouldn't sell well - like you wanted all the options on a car except a cigarette lighter, you get the idea. 99.99% of the time a good enough truck is available. Deposits are BS. They don't setup any kind of real contract, notice most of the time they want a check. Because holding on to a check is about as binding as making you wear a chicken suit to get a rebate. All it is, is a test to see if you will go through with signing the deal. As an example of why you don't let time pass on a car deal is shown in this. One time we had a couple want us to find a Cadillac Escalade Hybrid in red with every available option. Total cost was about $85-90k. Only two new Red Escalade hybrids were for sale in the country at the time, one was in New York, and the other was in San Fransisco, and our dealership is in Texas, and neither was wanting to trade with us, so we ended up having to buy the SUV from one of the other dealerships inventory. That is a very rare thing to do by the way. We took a 25% down payment, around $20,000, in a check. We flew a driver to wherever the SUV was and then drove it back to Texas about 4 days later. The couple came back and hated the color, they would not take the SUV. The General Manager was pissed, he spent around $1000 just to bring the thing to Texas, not to mention he had to buy the thing. The couple walked and there was nothing the sales manager, GM, or salesman could do. We had not been able to deliver the car, and ultimately the dealership ate the loss, but it shows that deposits are useless. You can't sell something you don't own, and dealerships know it.  Long story short, you can't claim a damage you never experienced. Not having something happen that you wanted to have happen is not a damage because you can't show a real economic loss. One other thing, When you sign the paperwork that you thought was an application, it was an authorization for them to pull your credit and the fine print at the bottom is boiler plate defense against getting sued for everything imaginable. Ours took up about half of one page and all of the back of the second page. I know dealing with car dealerships is hard, working at them is just as hard, and I'm sorry that you had to deal with it, however the simplest and smoothest car deals are the ones where you pay full price.\""}
{"_id": "239064", "title": "", "text": "When I invest in a business valued at $50,000, I pay $25,000 and receive 50% equity. Does that $25,000 go to the current owner of the business, or into the capital of the business itself?  Who receives the money depends on who is selling you the equity.  There are a couple of different scenarios that can fit your question. You could buy existing shares from the current owner(s) of the company.  In this case, the current owner(s) would be receiving the funds from you, and in return giving you their stake in the company.  So if you all agree that the value of the business is $50,000, and you give $25,000 to the current owner(s), they give you half of their shares.  The value of the company has not changed. The company could be issuing new shares.  This is called stock dilution, or an increase in authorized share capital.  Let's say that everyone agrees that the value of the business is $50,000.  The company could create new shares and sell them to you for $25,000.  In this case, the value of the company has jumped to $75,000; you now control one-third of the company, and the existing owner(s), who previously owned 100% of the company, now only own two-thirds.  In order for you to end up with 50% of the company in this case, you would have to invest $50,000 instead, which would result in the company being valued at $100,000.   If you are wondering why the current owners would agree to this second scenario, there are two questions that address this:"}
{"_id": "239072", "title": "", "text": "&gt; and Uber has been willing to take on massive losses year after year for the customers' benefit  They aren't doing that because they are some charity who wants to stop drunk driving. They are doing it to capture market share and you can bet your ass prices will rise when they control a certain amount of the market and reach a saturation point they want."}
{"_id": "239137", "title": "", "text": "If you use Google Finance, you will get incorrect results because Google Finance does not show the dividend history. Since your requirement is that dividends are re-invested, you should use Yahoo Finance instead, downloading the historical 'adjusted' price."}
{"_id": "239139", "title": "", "text": "&gt; billet machining wastes a lot of material.  It's not really *wasted* as such though. All the swarf will be collected and sold to be re-melted down for reasonably close to it's original cost, as making a billet from scrap aluminium is far cheaper than making one from raw bauxite."}
{"_id": "239142", "title": "", "text": "I don't think so.   The market would need to be either very big or be key pillar of the commodities market which won't happen.   Now if they force domestic consumers (Sinopec) to start using this for hedging than maybe."}
{"_id": "239158", "title": "", "text": "I work in the retail software industry, and can confirm this is a major problem right now.  There are several very popular point of sale packages that hackers have written RAM scrapers for.  Yes, there is (a lot) of credit card fraud traced back to these hacks."}
{"_id": "239167", "title": "", "text": "Break the transactions into parts. Go to your bank or credit union and get a loan commitment. When applying for loan get the maximum amount they will let you borrow assuming that you will no longer own the first car. Take the car to a dealer and get a written estimate for selling the car. Pick one that gives you an estimate that is good for a week or ten days. You now know a data point for the trade-in value. Finally go to the dealer where you will buy the replacement car. Negotiate the price, tell them you don't need financing and you will not be trading in the car. Get all you can regarding rebates and other special incentives. Once you have a solid in writing commitment, then ask about financing and trade in. If they beat the numbers you have regarding interest rate and trade-in value accept those parts of the deal. But don't let them change anything else. If you keep the bank financing the dealer will usually give you a couple of days to get a check.  If you decide to ell the car to the first dealer do so as soon as you pick up the replacement car. If you try to start with the dealer you are buying the car from they will keep adjusting the rate, length of loan, trade-in value, and price until you have no idea if you are getting a good deal."}
{"_id": "239172", "title": "", "text": "You can't. If there was a reliable way to identify an undervalued stock, then people would immediately buy it, its price would rise and it wouldn't be undervalued any more."}
{"_id": "239205", "title": "", "text": "\"They definitely do this sort of thing.  I've had a sales guy from Yelp trying to call me for the past several months to pressure me in to advertising and since I formally rejected his offer several good reviews from reputable \"\"Yelpers\"\" vanished in to the filter.  The timing was far too coincidental.\""}
{"_id": "239214", "title": "", "text": "\"Others have pointed out that the entities loaning money to the government are typically people and institutions.  Recently, however, the US federal government borrowings were largely funded by money printed by the Federal Reserve.  The government had to borrow $1.1 trillion from October, 2010 through June, 2011.  During this period the FED printed around $0.8 trillion new dollars to purchase US debt.  Thus, the US government was not borrowing money from people, it was being funded by money printing.  The central bankers call this \"\"quantitative easing\"\".\""}
{"_id": "239233", "title": "", "text": "Surprisingly enough, this one isn't actually all that complicated.  No, you will not be taxed twice. Dividends are paid by the company, which in this case is domiciled in Spain.  As a Spanish company, the Spanish government will take dividend witholding tax from this payment before it is paid to a foreign (i.e. non-Spanish resident) shareholder. What's happening here is that a Spanish company is paying a dividend to a Malaysian resident.  The fact that the Spanish stock was purchased in the form of an ADR from a US stock market using US dollars is actually irrelevant.  The US has no claim to tax the dividend in this case. One brave investor/blogger in Singapore even set out to prove this point by buying a Spanish ADR just before the dividend was paid.  Bravo that man! http://www.investmentmoats.com/money-management/dividend-investing/how-to-calculate-dividend-withholding-taxes-on-us-adrs-for-international-investors-my-experience-with-telefonica/"}
{"_id": "239244", "title": "", "text": "\"&gt;From what I've read, all the testimony has been roundly discredited.  Then you read wrong. It hasn't been discredited. The evidence is right fucking there. Read the 200 page report, read even a part of it. [Here is the evidence, maybe this will finally shut you up?](http://online.wsj.com/article/SB10000872396390444799904578048673157864186.html)  &gt;I'm just looking for actual evidence while you keep saying he needs to prove himself innocent instead of the accusers proving him guilty.  ITS RIGHT FUCKING THERE!!!  Do you not see why it's so frustrating to argue with people like you? You're basically a creationist saying \"\"Where is the evidence for evolution?\"\" Again, you don't have to look very fucking far to find it. Instead you're burying your head in the sand and saying \"\"Where is the evidence?\"\"\""}
{"_id": "239255", "title": "", "text": "\"SECTION | CONTENT :--|:-- Title | \"\"High Profit Trades found with Candlestick Breakout Patterns\"\" - Stephen Bigalow Description | Originally presented on July 10, 2012.    For more information on Steve Bigalow's Candle Profit System for MetaStock visit http://www.metastock.com/products/thirdparty/?3PC-ADD-CPS  Everyone wishes they got into the fast moving stock that jumped up $25 in a month. Candlestick Signals not only identify these potential movers -- they help you identify if there is still time to participate in the move!  In this live webinar Steve will show you: Which signals produce the Breakout Patterns How to per... Length | 1:23:12           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)\""}
{"_id": "239271", "title": "", "text": "Big money, by vitue of its own existence, produces value.  What's a person to do with it? Stuff it under a mattress and earn 0 yield? No.  If you want safety, you'll put it in AAA rated US gov't bonds and help fund the government. If you want yield, you'll put it in broadly diversified equities investments, small companies, big companies, energy companies, tech companies, media companies, and so on, and soak up the net gain while injecting much needed capital investment directly into those industries, financing start up costs like construction and equipment procurement costs, as well as staffing costs.  Yes, big money absolutely creates value. The trains, cars, roads, and sidewalks you travel through to get to work? All financed by filthy rich people money. The building you work in and the equipment you use? Likely financed by filthy rich people money as well.  Its called financial intermediation and capital arbitrage, and you can thank your Gods you live in a country where the government allows it to operate efficiently."}
{"_id": "239294", "title": "", "text": "&gt; my only argument is that the degree alone doesn't define competence.  Of course! But degrees determine interests.  And it seems that you are trying extremely hard to not understand what I said: if someone has degrees in music and has proven skill and knowledge in security, I will hire them.  But not as Chief Information Security Officer. For this, you need someone who took many specialized training and got their end dirty working, designing, planning and setting security systems.  So we BOTH agree, mainly based on the stupid things that Susan said, that Susan was not qualified for her job.  &gt; I also never agreed that she got the job due to connections:   So give me a possible way how Susan got her job.  &gt; HR ...  Contractors, on the other hand, perfectly fine.  OMG! Contractor, or temps, or outsourcing is not fine, especially by the HR department, because it all means trying to save money on workers, not giving any benefits or security and shoddy work.  Contractors, except IT, are paid less than permanent employees.  All I can wish for you that you will work as a Contractor all your life and you will see how great it is yourself."}
{"_id": "239296", "title": "", "text": "\"The fundamental flaw here is conflating net worth with utility, at least failing to recognize that there's a nonlinear relationship between the two.  In the extreme example imagine taking a bet that will either make you twice as rich or completely broke. Your expected return is zero, but it would be pretty dumb to take it since being flat broke could ruin your life while being twice as rich may only improve it marginally. In more realistic cases most of your income is tied up in fixed costs, which magnifies relatively small perturbations to your net worth. Losing something essential (like your house or car), even if it's only 20% of your net worth, renders you effectively broke until you scrape together enough cash to get another one. That situation robs you of much more utility than you'd gain from a 20% increase in net worth. In either case, avoiding the risk is completely rational as long as you believe in nonlinear utility as a function of net worth, it's not just an issue of humans being \"\"risk averse\"\".\""}
{"_id": "239297", "title": "", "text": "\"DALLAS-vuotta Frenchitt Collins ty\u00f6skenteli oikeutettu vakuutus vertailujen tekemist\u00e4. H\u00e4n pystyi vet\u00e4m\u00e4\u00e4n pois merkitt\u00e4v\u00e4 vakuutus petos, joita houkuttelevat uhreja mainoksia.  Loppujen lopuksi Collins tuomittiin 15 vuodeksi vankeuteen ja m\u00e4\u00e4r\u00e4ttiin maksamaan 700.000 dollaria vuonna palauttamisesta uhrinsa.  \"\"Ne postilokeroita vuokrattiin h\u00e4nt\u00e4 (Collins), h\u00e4nen vaimonsa, h\u00e4nen veljens\u00e4 tai h\u00e4nen tytt\u00f6yst\u00e4v\u00e4ns\u00e4\"\" sanoi Bodon.  Asiakkaiden mainoksia houkuttelemiseksi h\u00e4n menn\u00e4 eteenp\u00e4in ja tarjota niit\u00e4 100 dollaria tai 200 dollaria k\u00e4ytt\u00e4\u00e4 n\u00e4iden tunnuksia.  Tiedot saatuaan Collins menin eteenp\u00e4in ja valmistunut l\u00e4\u00e4ketieteen lomakkeet ja l\u00e4hetti ne [vakuutusyhti\u00f6t](http://www.news4jax.com/consumer-news/click-jobs4jax/how-to-avoid-being-victim-of-insurance-fraud/26887266).  N\u00e4m\u00e4 mainokset tavoitteena oli houkutella lis\u00e4\u00e4 uhreja.Vakuutusyhti\u00f6t antaisi Collins tarkastuksia, tarkastuksia paljon.  Liittovaltion virkamiesten sanoi [vakuutus petos](http://dymanassociatesinsurance.com/) on 30 miljardia dollaria liiketoimintaa Yhdysvalloissa  \"\"Se on eritt\u00e4in tuottoisaa rikollista syyllistyv\u00e4t rikokseen on alhaisen riskin ja korkean tuoton ja he tiet\u00e4v\u00e4t, ett\u00e4\"\" sanoi Fred Lohmann National Insurance rikollisuuden BRAINFEEDER. Asiantuntijat ovat sanoneet, t\u00e4m\u00e4 v\u00e4\u00e4rink\u00e4ytt\u00f6 on maksaa meille kaikille.  \"\"Se, ett\u00e4 t\u00e4m\u00e4 rikos tapahtuu ja on niin yleist\u00e4 Yhdysvalloissa verot resursseja liittovaltion, valtion ja paikallisten, joka on todella menn\u00e4 ja tutkia rikoksia,\"\" sanoi Lohmann.  V\u00e4ltt\u00e4\u00e4 tulossa osa vakuutus huijauksista Anna [sosiaaliturvatunnus](http://dymanassocins.livejournal.com/) jos olet varma, olet tekemisiss\u00e4 joku laillinen.\""}
{"_id": "239298", "title": "", "text": "They seem to agree in part with the opinion author on the suggested fix.   David Leonhardt(NYT Opinion Author) wrote:   &gt; Different policies could produce a different outcome. My list would start with a tax code that does less to favor the affluent, a better-functioning education system, more bargaining power for workers and less tolerance for corporate consolidation  Whereas they wrote:  &gt;Third, despite the rise in means-tested benefits\u2014including Medicaid and the Earned Income Tax Credit, created in 1975 and expanded in 1986 and the early 1990s\u2014government redistribution has not enhanced income growth for low- and moderate income working-age Americans over the last three decades. There are clear limits to what taxes and transfers can achieve in the face of such massive changes in the pre-tax distribution of income like those that have occurred since 1980. In our view, the main conclusion is that the policy discussion should focus on how to equalize the distribution of primary assets, including human capital, financial capital, and bargaining power, rather than merely ex-post redistribution"}
{"_id": "239299", "title": "", "text": "Beaverton orthodontist understand protecting your smile is an investment, and they're available for appointments, and emergency services when you need it. They offer a relaxed environment that makes getting dental work easy, and comfortable for patients of all ages."}
{"_id": "239313", "title": "", "text": "I agree, i don\u2019t think it was always like this. Here is a little story I was told about the coal miners in the Uk. Coal mining was massive industry in the uk for about 150 years, (its the reason the world ended up getting railways, symbiotically) the mines as usual was located in the poorer regions but they was good paying jobs for the working man, anyway along with the birth of the industrial revolution came unions and with unions came protection and in turn pensions. So together these minors saved and saved heavily, there pension pot swelled, unfortunately though the mining industry was hazardous one and these minors died young... anyway fast forward to the 70s Margret thatcher Ronald Regan, and the closure of mines. There was a lot less minors by then and a huge pension pot, every minor in the country could have stopped paying into the pension and retired before 50. Thatcher did not like this and neither did the wealthy bankers, so they stole it all and made new pension rules,"}
{"_id": "239334", "title": "", "text": "\"I have an account with ETrade. Earlier this week I got an offer to participate in the IPO proper (at the IPO price). If Charles Schwab doesn't give you the opportunity, that's a shortcoming of them as a brokerage firm; there are definitely ways for retail investors to invest in it, wise investment or no. (Okay, technically it wasn't an offer to participate, it was a notice that participation was possibly available, various securities-law disclaimers etc withstanding. \"\"This Web site is neither an offer to sell nor a solicitation to buy these securities. The offer is by prospectus only. This Web site contains a preliminary prospectus for each offering.\"\" etc etc).\""}
{"_id": "239341", "title": "", "text": "\"Close... Warning, I may be off a bit here; I'm sure someone will correct me if so. Traditional 401k or IRA: money goes in pre-tax (so, yes, you avoid paying tax on it now), grows untaxed, taxes are due when you retire and start taking money back out of the account -- but your income, including these withdrawals, is likely to be lower than your peak earning years so your tax rate will be lower. You don't avoid all the tax, but you delay it and hopefully reduce it, and by doing so there's more money in your account earning returns. Roth 401k or IRA: money goes in after taxes (you do pay income tax now). However, all returns on the money are untaxed (I believe), and you pay no tax when you're eligible to withdraw the funds.  Either or both kinds of 401k may be eligible for some percentage of matching funds from your employer (there are some incentives for them to offer this benefit). I believe that even if you're doing a Roth 401k, the matching funds legally have to go in as traditional plan. And yes, as that implies, it is possible to split your contribution between the two styles. Note: the matching funds are \"\"free money.\"\" If your plan offers a match, it is highly recommended that you contribute enough to your 401k to capture the maximum match.\""}
{"_id": "239368", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/8/10/16118620/how-much-is-pain-worth) reduced by 85%. (I'm a bot) ***** &gt; The researchers, using a massive government survey of Americans over age 50, estimated in a new working paper published by the National Bureau of Economic Research that living with chronic pain makes people so unhappy that they&amp;#039;d need to earn between $20,000 and $50,000 per year more to be as happy as they would be otherwise with no pain.  &gt; The economists who did this study say it&amp;#039;s important so that policymakers can decide how much money they should assign to pain treatment versus other spending priorities.  &gt; That&amp;#039;s actually lower than values determined in previous research - a 2014 study of Australian data found people in pain would need $645 per day, or more than $235,000 per year, to make up the lost life satisfaction.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6stes2/how_much_is_living_a_painfree_life_worth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~187749 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **pain**^#1 **people**^#2 **research**^#3 **chronic**^#4 **opioid**^#5\""}
{"_id": "239374", "title": "", "text": "The problem is a mixture of private and public.  Either go full public or full private, or the disparate mechanisms of each will clog the other up and it fails.  Blaming it on bad faith or incompetence on the part of elected officials is a different problem.  An incompetent elected government is a product of an incompetent electorate, so in effect you're blaming yourself for hiring morons.  The solution is to elect competent people, and throwing up your hands at the problem is tantamount to saying the human race is damned and there's nothing to be done about it."}
{"_id": "239379", "title": "", "text": "\"&gt;When asked what it could mean for the dollar should the oil market move oil trade out of the U.S. currency and into the yuan, Weinberg said the world's transaction currency would suffer \"\"lesser demand for U.S. securities across the board.\"\"  &gt;\"\"Moving oil trade out of dollars into yuan will take right now between $600 billion and $800 billion worth of transactions out of the dollar\u2026   The key part\""}
{"_id": "239386", "title": "", "text": "&gt; They come up with algorithms to deal with it.  Google's search business has more to do with their bottom line that anything else. They will always provide their end-users with the best quality results possible even if it means relaxing their own regulations. Behemoth services have leverage over Google because they're providing the best content for thousands of non-competitive terms.  Shit doesn't work that way here because this site isn't a traditional directory, and therefor sites have a different form of leverage entirely. Google issues recurring traffic payments to content providers; submit a link here and you are paid in one lump sum. Submissions cost Reddit money when they're more than a day or two old. Thee only thing content providers are entitled to is being able to interact with the community they're creating content for, and beyond that nothing is owed to them whatsoever. Anyone can fill the void for the fallen.  There's nothing sketchy about a blacklist. Google nukes out thousands of websites every single day, and since they are a registrar they can see what other domains the owners of the website have actively registered. Occasionally they'll even takeout big name players in communities if they're highly active. If a company is offering index-like service online they have a blacklist."}
{"_id": "239392", "title": "", "text": "\"&gt;Foxconn has so far committed to creating 3,000 with an average yearly wage of $53,000  That sounds great but when I took a bunch of promises to the bank and tried to deposit them they just laughed at me.  &gt;the number has the \u201cpotential to grow\u201d to 13,000.  I didn't even mention the \"\"might be's\"\" I was going to deposit. I was embarrassed enough already.\""}
{"_id": "239411", "title": "", "text": "\"This is such alarmist bullshit, although I shouldn't be surprised to see this kind of clickbait on a reddit economic/financial/business subreddit.  Aggregate (which obviously includes sand) is and always has been a primary input for the global construction market. Therefore, there always has and will be demand for it.  Land that's able to mine aggregate is practically unlimited relative to other natural resources. As a result of the large supply, it's incredibly cheap. As an example: a Google search for \"\"aggregate cost ton\"\" returns a company selling the stuff at less than $25/ton (http://www.bryanrock.com/commercial/price-list). The cost of delivering that aggregate to a work site is significantly more than the cost of the actual material!   There is no shortage of aggregate. If all of the statements made in the article are true (which I think we have reason to doubt given the overall quality of the piece), the only thing they provide evidence for is that A) demand has grown significantly year over year since 2010 (aka the end of the financial crisis and most recent market low point), B) Its sometimes difficult to create aggregate in some local markets because neighboring property owners don't want aggregate mines next door (ie, zoning laws are a challenge when trying to develop new mines), and C) organized crime controls the aggregate production in India (note: underdeveloped countries often have certain industries that are effectively controlled by organized criminal gangs).  There's nothing here that even remotely suggests that the world is running out of aggregate. This article is a prime example of the clickbait bullshit that absolutely floods reddit (especially the economic/financial/business communities). Reddit has some really amazing communities, but unfortunately I've yet to find a good one that deals with these subjects.  PS - I never write responses this long but I'm intoxicated and felt like sharing. Also - I'd like to exclude /r/personalfinance from my rant. Those guys actually do have a pretty good handle on the basic theory / knowledge / best practices.\""}
{"_id": "239417", "title": "", "text": "It doesn't. Bitcoin isn't big enough to have economic relevance. And the design of Bitcoin means that it pretty much never could be.  Now cryptocurrencies in general, maybe they would someday have some relevance. They'd have to be much better designed than Bitcoin. But the advantage they might, in theory, convey which would have actual economic relevance is to lower many  transactions costs by taking banks out of the middle. And if they did enough of that, then they'd force banks to lower costs to compete. That could, in theory, be significant."}
{"_id": "239428", "title": "", "text": "What you say about monetary velocity is true, but I don't think its the whole story. Banks also create money by lending out their deposits: if I put $1000 in my account, and the bank lends out $500 of it, I still have my $1000 on deposit but someone else is also spending an extra $500. If the banks are lending less then this effect is reduced and the volume of money reduces as well as its velocity."}
{"_id": "239446", "title": "", "text": "Yep, there just is no free lunch.  So called high dividend stocks are usually from companies that have stable cash flows but relatively little or moderate growth potential. Utility companies come to mind, let's take telecommunications as an example.  Such stocks, usually, indeed are considered more conservative. In a bull market, they won't make high jumps, and in a bear market they shouldn't experience deep falls. I mean, just because the stock market fell by 10%, you're not going to stop using your phone. The stock might suffer a bit but the divided is still yielding you the same. However, fundamental data can have a significant impact. Let's say a recession hits the country of the telco. People might not get the newest iPhone and lock in to an expensive contract anymore, they might use cheaper forms of communication, they might stop paying bills, go bankrupt etc. This will have a severe impact on the company's cash flow and thus hit the stock in a double whammy: One, the dividend is gone. Two, the price will fall even further.  There are basically two scenarios after that. Either the recession is temporary and your stock became a regular growth stock that at some point might bounce back and re-establish at the previous levels. Or the economy has contracted permanently but regained stability in which case you will again have a stock with a high dividend yield but based on a lower price. In conclusion: High dividend stocks make sense in a portfolio. But never consider their income to be safe. Reduce your risk by diversifying."}
{"_id": "239452", "title": "", "text": "Dithering in the dark Quantifying the effect of political uncertainty on the global economy EUROPE teeters at the edge of an economic abyss, its fate in the hands of political leaders at odds over how to solve the continent\u2019s twin debt and bank crises. America may be pushed over a \u201cfiscal cliff\u201d at the end of the year by political dysfunction. And even China, although unlikely to take a deep dive, is hostage to the will and ability of its government to stimulate growth. More than at any point in recent history, the global economy\u2019s fate is tied to the capriciousness of policymakers. How much does such uncertainty cost? Anecdotal evidence suggests that it costs a lot. Customers of Cisco Systems, the world\u2019s biggest maker of internet gear, are taking longer to make decisions, according to John Chambers, the company\u2019s boss. Their orders tend to be smaller than before, and to require more in-house approvals. They say they are planning to buy more stuff later this year, reported Mr Chambers recently, but \u201cthen in the very next breath they say it depends on what happens on a global and macro scale.\u201dIn Europe firms must reckon not only with recession but also with the risk that their investments may be redenominated in a different currency or locked in by capital controls. Robert Bergqvist of SEB, a Swedish bank, says that several Swedish corporate customers have put investment projects on hold because they don\u2019t know how the euro crisis will unfold. If America falls over the \u201cfiscal cliff\u201d, it would suffer a fiscal squeeze of 5% of GDP, easily enough to push the economy into recession. Last summer, as America\u2019s government came perilously close to exhausting its legal authority to borrow, Barack Obama and Republicans in Congress could not resolve their fiscal differences. Instead, they kicked the can down the road, agreeing on huge automatic spending cuts that would start on January 2nd, just as all of George Bush\u2019s tax cuts are due to expire, along with a separate temporary payroll tax cut. No deal to avoid this double whammy is likely before the November 6th election. So any firm that sells to the federal government is left in limbo. Mike Lawrie, head of Computer Sciences Corporation, a big technology-services firm, recently told investors: \u201cI just don\u2019t know what\u2019s going to happen...None of us [knows].\u201d The debt-ceiling showdown makes last summer\u2019s weak economy weaker, said James Tisch, the boss of Loews Corporation, a conglomerate, last month. And \u201cthis fiscal cliff is the summer of \u201911 but on steroids.\u201d Economists have long suspected that uncertainty could hurt growth. John Maynard Keynes said investment was based on expectations that are \u201csubject to sudden and violent changes\u201d. In a 1980 paper Ben Bernanke, now chairman of the Federal Reserve, formalised this effect: since most investment is irreversible, uncertainty \u201cincreases the value of waiting for new information [and thus] retards the current rate of investment.\u201d In the 1990s Avinash Dixit and Robert Pindyck went further, making an analogy between an investment opportunity and a stock option, the value of which rises with the volatility of the stock price but disappears once the option is exercised. If an investment is irreversible, uncertainty raises the value of hoarding cash and waiting to see what happens. Gauging the fog Quantifying uncertainty is a more recent sport. To measure it, Nick Bloom and Scott Baker of Stanford University and Steve Davis of the University of Chicago constructed an index. It counts how often uncertainty related to policy is mentioned in newspapers, the number of temporary provisions in the tax code and the degree to which forecasts of inflation and federal spending differ from each other. That index hit its highest in 25 years during last summer\u2019s debt-ceiling battle and remains high (by contrast, the Vix index of stock market volatility, a conventional gauge of uncertainty, remains below its peak of 2009; see chart). A simpler index for Europe that tracks news reports of uncertainty has similarly spiked. Mr Bloom and his co-authors fed their index into a model of growth that seeks to filter out purely economic factors by controlling for interest rates and stock prices. They conclude that the rise in uncertainty between 2006 and 2011 reduced real GDP by 3.2% and cost 2.3m jobs. Such estimates should be taken with a grain of salt. They demonstrate that policy uncertainty and weaker economic growth are related, not that the first causes the second. Many radical policy actions, from the TARP bail-out programme to the Federal Reserve\u2019s quantitative easing and the Dodd-Frank law on financial reform, were responses to unprecedented economic trauma: collapsing house prices, failing financial institutions and the deepest recession since the second world war. That trauma did most of the damage to growth, not any uncertainty about the policy response. Had policymakers stood still, the result would have been less policy uncertainty but a far more damaging crisis. Clearly some policies, such as Mr Obama\u2019s health-care reform, generate uncertainty independent of economic developments. But at least Obamacare comes with benefits as well as risks; that cannot be said for the current political brinkmanship. As the fiscal cliff draws nearer, argues Ethan Harris, Bank of America\u2019s economist for North America, the incentive to defer hiring and investment will grow, putting pressure on the economy. \u201cThe process is as important as the outcome,\u201d he says, \u201cand the process is a disaster.\u201d  http://www.economist.com/node/21556930  Thomas Oye"}
{"_id": "239459", "title": "", "text": "As you have already good on your retirement kitty. Assuming you have a sufficient cash for difficult situations, explore the options of investing in Shares and Mutual Funds. As you are new to Stock Market, begin slowly by investing into Mutual Funds and ETF for precious metals. This will help you understand and give you confidence on markets and returns. Real estate is a good option, the down side being the hassle of getting rental and the illiquid nature of the investment."}
{"_id": "239475", "title": "", "text": "\"Often \"\"resigned suddenly\"\" means a power struggle with the board in which a CEO was forced out.  &gt; In light of Pandit's resignation Chief Operating Officer John P. Havens also submitted his resignation  This to me is further evidence that he was actually forced out in a power struggle.  The COO had probably sided with Pandit and knew his days were numbered once Pandit was forced out.  Otherwise, if it was a happy, orderly transition, there is no reason to think why another important officer would suddenly leave as well.  Obviously this is pure speculation, but I would take \"\"resignation\"\" with a grain of salt.\""}
{"_id": "239484", "title": "", "text": "The short answer is that there are no great personal finance programs out there any more. In the past, I found Microsoft Money to be slick and feature rich but unfortunately it has been discontinued a few years ago.  Your choices now are Quicken and Mint along with the several open-source programs that have been listed by others. In the past, I found the open source programs to be both clunky and not feature-complete for my every day use. It's possible they have improved significantly since I had last looked at them. The biggest limitation I saw with them is weakness of integration with financial service providers (banks, credit card companies, brokerage accounts, etc.) Let's start with Mint. Mint is a web-based tool (owned by the same company as Quicken) whose main feature is its ability to connect to nearly every financial institution you're likely to use. Mint aggregates that data for you and presents it on the homepage. This makes it very easy to see your net worth and changes to it over time, spending trends, track your progress on budgets and long-term goals, etc. Mint allows you to do all of this with little or no data entry. It has support for your investments but does not allow for deep analysis of them. Quicken is a desktop program. It is extremely feature rich in terms of supporting different types of accounts, transactions, reports, reconciliation, etc. One could use Quicken to do everything that I just described about Mint, but the power of Quicken is in its more manual features. For example, while Mint is centred on showing you your status, Quicken allows you to enter transactions in real-time (as you're writing a check, initiating a transfer, etc) and later reconciles them with data from your financial institutions. Link Mint, Quicken has good integration with financial companies so you can generally get away with as little or as much data entry as you want. For example, you can manually enter large checks and transfers (and later match to automatically-downloaded data) but allow small entries like credit card purchases to download automatically.  Bottom line, if you're just looking to keep track of where you are at, try Mint. It's very simple and free. If you need more power and want to manage your finances on a more transactional level, try Quicken (though I believe they do not have a trial version, I don't understand why). The learning curve is steep although probably gentler than that of GnuCash. Last note on why Mint.com is free: it's the usual ad-supported model, plus Mint sells aggregated consumer behaviour reports to other institutions (since Mint has everyone's transactions, it can identify consumer trends). If you're not comfortable with that, or with the idea of giving a website passwords to all your financial accounts, you will find Quicken easier to accept. Hope this helps."}
{"_id": "239502", "title": "", "text": "In order: A seller of the stock (duh!). You don't know who or why this stock was sold. It could be any reason, and is of no concern of yours. It doesn't matter. Investors (pension funds, hedge funds, individual investors, employees, management) sell stock for many reasons: need cash, litigation, differing objectives, sector rotation, etc. To you, this does not matter. Yes, it does affect stock market prices: If you were not willing to buy that amount of shares, and there were no other buyers at that price, the seller would likely choose to lower the price offered. By your purchase, you are supporting the price."}
{"_id": "239509", "title": "", "text": "\"It's not clear that anything needs to go up if gold goes down. In a bubble, asset prices can just collapse, without some other asset increasing to compensate. Economies are not a zero-sum game. On the other hand, gold may fall when people decide they don't need to hoard some store of value that, to their minds, never changes. It could very well indicate that there is more confidence in the broader economy.  I am not a gold bug, so I don't much see the point in \"\"investing\"\" in something that is non-productive and also inedible, but to each his own.\""}
{"_id": "239512", "title": "", "text": "Well quite a few countires have tax breaks on the first house you own ... this is typically to promote people to have atleast one house of their own ... having a house of your own provides lot more stability in the long run ... and without tax breaks it makes it difficult for quite a few to own a house ... the tax breaks form a motiviation as well ...  There are at times other effects of this breaks, people buying houses beyond their need [bigger house than required] or capacity [buying in a central / expensive location] by maximizing the breaks ..."}
{"_id": "239514", "title": "", "text": "Great, that means less idiots clogging up the lines.  Why are your panties in a bunch? All american profits still get taxed like normal. Now tell me Lib, why does the US get to double dip on taxes for money created outside of the states?  Edit: That wasn't including the excess tax to repatriate that money."}
{"_id": "239520", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Comparison of the health care systems in Canada and the United States**](https://en.wikipedia.org/wiki/Comparison%20of%20the%20health%20care%20systems%20in%20Canada%20and%20the%20United%20States): [](#sfw)   ---  &gt;__Comparison of the health care systems in Canada and the United States__ is often made by government, [public health](https://en.wikipedia.org/wiki/Public_health) and [public policy analysts](https://en.wikipedia.org/wiki/Public_policy_analyst).     The two countries had similar [health care systems](https://en.wikipedia.org/wiki/Health_care_system) before Canada changed its system in the 1960s and 1970s. The United States spends much more money on health care than Canada, on both a per-capita basis and as a percentage of GDP.  In 2006, per-capita spending for health care in Canada was US$3,678; in the U.S., US$6,714. The U.S. spent 15.3% of GDP on health care in that year; Canada spent 10.0%.  In 2006, 70% of health care spending in Canada was financed by government, versus 46% in the United States. Total government spending per capita in the U.S. on health care was 23% higher than Canadian government spending, and U.S. government expenditure on health care was just under 83% of total Canadian spending (public and private) though these statistics don't take into account population differences.   &gt;====  &gt;[**Image from article**](https://i.imgur.com/TEekEH4.png) [^(i)](https://commons.wikimedia.org/wiki/File:United_States_Health_Gross_Care_Expenditures_\\(1960_to_2008\\).png)  ---  ^Interesting: [^Single-payer ^health ^care](https://en.wikipedia.org/wiki/Single-payer_health_care) ^| [^Patient ^Protection ^and ^Affordable ^Care ^Act](https://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act) ^| [^Health ^insurance](https://en.wikipedia.org/wiki/Health_insurance) ^| [^Health ^care ^in ^Canada](https://en.wikipedia.org/wiki/Health_care_in_Canada)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+ck3rrwd) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+ck3rrwd)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "239536", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://story.californiasunday.com/cost-of-college) reduced by 98%. (I'm a bot) ***** &gt; Liz was 24 and halfway through her first semester at California State University, Long Beach.  &gt; Megan, who had dark hair and a regal bearing, had tumbled out of wealth and was dating a man who knew Liz&amp;#039;s dad. After Megan&amp;#039;s boyfriend\u2005-\u2005a meth user, she said\u2005-\u2005died, Liz&amp;#039;s dad invited her to share Liz&amp;#039;s small pink room without consulting his daughter.  &gt; It&amp;#039;s on a scruffy stretch of Long Beach Boulevard near Oscar&amp;#039;s Nails, a Wing Stop, and a weeded lot next to a building announcing WE BUY CARS. Neighbors refer to Megan as Liz&amp;#039;s mom\u2005-\u2005&amp;quot;You know Liz, the girl who sings.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72utdo/the_college_try/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~217699 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Liz**^#1 **Kersheral**^#2 **State**^#3 **more**^#4 **out**^#5\""}
{"_id": "239572", "title": "", "text": "It is possible, i've contacted different banks, and only one bank (Wells Fargo) didn't say that they need all members in person, but gave me a form which my colleague filled to authorize me to open an account."}
{"_id": "239574", "title": "", "text": "I get Goldman allowing a yacht as collateral, at that size it's basically real estate. But an Andy Warhol? Fine art prices are so subjective and manipulated, it seems ridiculous to think that a company would allow it as collateral against a loan."}
{"_id": "239576", "title": "", "text": "&gt; &gt; (b) If we take your metaphor to the modern age, handwritten IOUs won't work anymore; they have to be central-bank-printed notes; &gt; &gt; That's not true. Handwritten IOUs are are traded pretty routinely at my friday-night poker game.  This is also the bit I didn't get. The shoe maker would accept Loddars, but not the Friday Night IOUs, so how can you say they are worth the same?  I guess the IOUs are more risky than the Loddars for the shoe maker to accept, since the poker player might wake up on Saturday and not remember writing the IOU.  I could borrow 12 Loddars from the Tailor, then buy shoes now. Now the Tailor might not know that I plan to pay him back with money from the IOU... because that doesn't matter? If he lent me 12 Loddars, he did so on my ability to produce 12 Loddars in the future, not just on whether I will get the IOU back. So you're saying that this spreading out of the risk makes the difference between the IOUs and Loddars fade away, to the point where the promise of a Loddar from the Tailor is only as risky as actually having a Loddar, since a Loddar is only a promise of a Loddar from Ben in the first place?"}
{"_id": "239587", "title": "", "text": "The apartment I rented in San Jose had a severe mold problem.  It triggered an asthma allergic reaction I'd never had before.  They jacked my rent 15% so I shacked up with sweetie, whose rent was also jacked up contemporaneously.    Anyway, I moved out and haven't had an asthma attack since.  I was paying $1500 for a one bedroom (what a steal now!) that gave me asthma.  I think people can now rent that disease-hole for around $2300."}
{"_id": "239609", "title": "", "text": "Every year in September/October I see a huge rush of European and Asian tourists to the desert Southwest.  Americans are back in school, prices are half what they were in the summer.  The tour loop goes from LA to the Four Corners area and all states n between.  Vegas is always a stop, as are all major National Parks.  This year Vegas and CA are legal.  It will be interesting."}
{"_id": "239611", "title": "", "text": "\"The most important thing in my view is flexibility, to avoid running into problems. One useful thing in the UK would be an arranged overdraft. You go to your bank, and they'll agree that you can overdraw your account by a certain number of pounds, depending on your income etc. It will cost you a very high interest rate, but only for each day where you are overdrawn. So paying a bill two days before your salary comes in isn't too bad. Obviously avoid using the overdraft if you can, having an overdraft while not using it is free. It's meant for an emergency; being regularly overdrawn is expensive. But once it is arranged with your bank, an arranged overdraft is much much cheaper than bouncing cheques etc. and possibly high fees for overdrawing your account. And it takes the pressure of you.  Now things to need before you get a loan (again, UK): The real interest rate that you are paying is called APR. That's the number that counts, and that cannot be manipulated. No \"\"payday loans\"\" to avoid getting yourself into deep, deep trouble. No loan sharks, obviously. If you buy things with \"\"interest free credit\"\", that's (a) included in the price, so you pay more, and (b) if you miss paying by one day they'll hit you with huge interest payments, and some will try this intentionally. Interest rate depends on loan amount. I once had to borrow 20% more than I needed because it reduced the interest rate by half... The 20% went straight into a savings account. Credit cards and overdrafts are much more expensive than loans. Mortgage is again cheaper than a loan usually. Make sure that you only use money from sources that charge the least amount. Make sure you pay back regularly so cheap sources stay available to you.  Just do yourself a favour and if at all possible, spend less instead of getting a loan.\""}
{"_id": "239612", "title": "", "text": "I'm sorry but this won't ever happen without regulation from the Feds. I'm a banker and I use the credit agencies daily. We pull credit reports on borrowers and without it, banks won't lend. A credit pull is a huge part of the credit underwriting process. Literally no bank in the US will stop using credit reporting agencies. Sorry to burst your bubble."}
{"_id": "239617", "title": "", "text": "\"The \"\"$1000 is no money at all\"\" people are amusing me. Way back in the mists of time, a very young me invested on the order of ~$500 in a struggling electronics manufacturer I had a fondness for. An emotional investment, not much money, but enough that I could get a feel for what it was like owning stock in something. That stock's symbol was AAPL. This is admittedly a rare outcome, but $1000 invested over the long term isn't not worth doing. If for no other reason then when the OP has \"\"real\"\" money, he'll have X+$1000 invested rather than X, assuming 0% return, which I doubt. It's a small enough amount that there are special considerations, but it's a solid opportunity for learning how the market works, and making a little money. Anyway, my advice to the OP is as follows:\""}
{"_id": "239631", "title": "", "text": "\"I love that shit when people say \"\"supported the local economy\"\" by going into a local retailer and forcing them to compete with something they cannot realistically compete against while turning any kind of a reasonable profit.  Yeah, you really \"\"supported\"\" that local economy didn't ya?\""}
{"_id": "239632", "title": "", "text": "The hard hold is the bank holding your money for no reason but to make money of your. Like the hotel took deposit for my over night and they released the time checked out in there system but it never showed on my account . I had to call the bank why the numbers are not adding up to my current balance. It's illegal practice by banks to hold your money until your realize you didn't spent that much and that musing amount is not even showing on your account. When it happen they will release after 30 days or you can call the bank right away soon as you done your business so you can use the money right away not the bank"}
{"_id": "239639", "title": "", "text": "I'm not saying it means it will keep going up.  But I think we can say that every person so far that has said bitcoin is done/over/dead whatever.  Has been wrong.  Eventually they might be right.  Probably even.  But the people saying when it's going to crash for the last time know as much as the people saying it's going to climb forever."}
{"_id": "239656", "title": "", "text": "Is it just me, or does it seem like Jia Yueting is the stupidest self-made billionaire of all time? The guy just seems like an unprecedentedly financially naive and arrogant moron. He's Chinese Reed Hastings throwing money at the idea of being Chinese Elon Musk too.   Starting not one but TWO ambitious car companies competing with fucking Tesla as a division of a company whose business has nothing to do with automobiles, risking bringing down a cash cow with two absurdly ambitious (and even cannibalizing!) startups? What the fuck is he thinking? How the hell did this illiterate hack start a company and make billions in the first place?"}
{"_id": "239669", "title": "", "text": "The investment in the highway system in the USA, the MOST EXPENSIVE investment ever(!) done by the USA, and then people drive on them for FREE(!), had a proven idea behind it: it develops the country and promote the economy, trade, etc. Huge long term benefits in so many areas with huge benefits compared to the investment.  Same with space exploration! Absolutely ZERO return on investment, but wait for the future...   Investment in this factory will at least bring money back to the state. People will work instead of living off welfare.   But beyond that: if there's a factory, there need to be supplies, supplier, R&amp;D, sales, production management, and technology being used here in the USA that can be used for making other products.  Based on what you said, we should not have invested in the highway system or space program."}
{"_id": "239679", "title": "", "text": "I'm talking more corporate cartels, like the oil cartel, the banking cartel, the military and health care cartels, the telecomm cartel, etc. While government remains a cheap middleman that they can push around, a government is still the ONLY thing standing in the way of the population against profit-seeking psychopaths."}
{"_id": "239683", "title": "", "text": "Yes, add the stocks/mutual funds that you want and then you would just need to add all the transactions that you theoretically would have made. Performing the look up on the price at each date that you would have sold or bought is quite tedious as well as adding each transaction."}
{"_id": "239688", "title": "", "text": "List prices have been increasing as they have since WWII.  However the bar for getting grant aid catches more and more families.  College has become a private wealth and income tax.  If you save $1m it will cost your kids $1m.  Tuition has gotten to the point that even the mass affluent without assets are getting aid.  Today if you have a $200k household income but instead have that $1m tied up in home equity and retirement accounts, it will only cost $50k per year or a discount off list price of about $600k for two kid families making $200k a year.    I'm not saving a dime for college since my kids will be punished for it.  I've paid off my house and I'm maximizing every available retirement account."}
{"_id": "239692", "title": "", "text": "Although a data recovery service's main goal is to restore your lost information, they do so much more than that. A quality data recovery service will not only provide you with data security, they will also employ computer forensics to help restore data in the most difficult situations."}
{"_id": "239695", "title": "", "text": "How far can this be taken though?   If you increase the minimum wage to $100/hr, tons of businesses will either close or eliminate most of their staff.   Will the increased spending power of those that remain employed really manage to drive growth and subsequent expansion of hiring?   Isn't that a rather roundabout way of creating job growth?"}
{"_id": "239704", "title": "", "text": "Stopped by today and the price reductions are completely over-hyped.  There were a small handful of produce items that had some price reductions.  Not particularly impactful.  Maybe a good start but seems more like a marketing strategy at the moment."}
{"_id": "239714", "title": "", "text": "\"I have heard that investing more money into an investment which has gone down is generally a bad idea*. \"\"Throwing good money after bad\"\" so to speak. This is over simplified statement to explain the concept. What is essentially says is; Say I hold stocks of XYZ; 100 units worth say USD 1000. This has lost me x% [say 50%]. The general tendency is to buy 100 more units in anticipation / hope that the price will go up. This is incorrect.  However on case to case basis, this maybe the right decisions. On a periodic basis [or whenever you want to invest more money]; say you have USD 1000 and did not have the stock of XYZ, will you buy this at current price and outlook of the company. If the answer is Yes, hold the stock [or buy more], if the answer is no sell the stock at current market price and take the loss. The same applies when the price has appreciated. If you have USD 1000; given the current price and future outlook, will you buy the specific stock. If yes, hold the stock [or buy more], if answer is no sell the stock and book profit. Off-course I have not overlaid the various other considerations when buying stocks like diversification, risk profiles of individual stocks / segments, tax implications etc that are also essential even if you decide to buy or sell specific stock.\""}
{"_id": "239734", "title": "", "text": "Most of the points by MrChrister are valid. I can't say much for Philippines, however there is a reason for one to go with individual insurance from my experience in India."}
{"_id": "239769", "title": "", "text": "I agree with the other posters that you will need to seek the advice of a tax attorney specializing in corporate taxation. Here is an idea to investigate: Could you sell the company, and thereby turn the profits that are taxed as ordinary income into a long-term capital gain (taxed at 15%, plus state income tax, if any)? You can determine the value of a profitable business using discounted cash flow analysis, even if you expect that the revenue stream will dry up due to product obsolescence or expiry of licensing agreements.  To avoid the capital gains taxes (especially if you live in a high-tax state like California), you could also transfer the stock to a Charitable Remainder Trust. The CRT then sells the shares to the third-party acquirer, invests the proceeds and pays you annual distributions (similar to an annuity). The flip side of a sale is that now the acquiring party will be stuck with the taxes payable on your company's profits (while being forced to amortize the purchase price over multiple years -- 15, if I recall correctly), which will factor into the valuation. However, it is likely that the acquirer has better ways to mitigate the tax impact (e.g. the acquirer is a company currently operating at a loss, and therefore can cancel out the tax liabilities from your company's profits).  One final caveat: Don't let the tax tail wag the business dog. In other words, focus your energies on extracting the maximum value from your company, rather than trying to find convoluted tax saving strategies. You might find that making an extra dollar in profits is easier than saving fifty cents in taxes."}
{"_id": "239774", "title": "", "text": "The analysis of the report is a different issue entirely. I was just referring to economists incompetence.  But while we are on the subject, this does paint a pretty bleak picture for the rest of the year. Combine this with the fact GDP grew 1.9% over the first quarter due exclusively to consumer spending and we may be headed for trouble. Businesses and the government are cutting back on spending. If they aren't creating enough jobs, then consumers will have to inevitably cut spending too, which would contract the economy. Not a very cheerful thought."}
{"_id": "239780", "title": "", "text": "\"&gt;SS is not an investment. It is a Tax. Learn the difference. Thus you pay for it with the Federal Insurance Contributions Act tax (FICA). It is not an investment, you do not have an account with your money, it has always been a pay as you go plan, just like medicare, funds for schools, and all the other programs.   SS is collected like a tax, but if it is infact a tax, why can I opt out of it? Come on, you really aren't trying to win an arguement about SS by saying its a \"\"tax\"\" and not a \"\"investment\"\". That's seriously the weakest bullshit, who the fuck cares the symantics of how its \"\"collected\"\".. The arguement is still the same, with no USA no SS. It is, therefore, a ponzi by definition.   &gt;The US government wrote the laws that specify exactly who can opt out. Most people cannot just opt out because they don't meet the criteria. Again you're wrong.    Joining and quitting Obtaining a Social Security number for a child is voluntary.[26] Further, there is no general legal requirement that individuals join the Social Security program (although, under normal circumstances, FICA taxes must be collected anyway). Although the Social Security Act itself does not require a person to have a Social Security Number (SSN) to live and work in the United States,[27] the Internal Revenue Code does generally require the use of the social security number by individuals for federal tax purposes: The social security account number issued to an individual for purposes of section 205(c)(2)(A) of the Social Security Act shall, except as shall otherwise be specified under regulations of the Secretary [of the Treasury or his delegate], be used as the identifying number for such individual for purposes of this title.[28] Importantly, most parents apply for Social Security numbers for their dependent children in order to[29] include them on their income tax returns as a dependent. Everyone filing a tax return, as taxpayer or spouse, must have a Social Security Number or Taxpayer Identification Number (TIN) since the IRS is unable to process returns or post payments for anyone without an SSN or TIN. The FICA taxes are imposed on all workers and self-employed persons. Employers are required[30] to report wages for covered employment to Social Security for processing Forms W-2 and W-3. There are some specific wages which are not a part of the Social Security program (discussed below). Internal Revenue Code provisions section 3101[31] imposes payroll taxes on individuals and employer matching taxes. Section 3102[32] mandates that employers deduct these payroll taxes from workers' wages before they are paid. Generally, the payroll tax is imposed on everyone in employment earning \"\"wages\"\" as defined in 3121[33] of the Internal Revenue Code.[34] and also taxes[35] net earnings from self-employment.[36]  **Seriously, you need to learn how to use google asshole. Stop looking like an idiot and posting blatent lies.**\""}
{"_id": "239788", "title": "", "text": "Dunno.  A realist?  Unique? :)  I think really it depends on whether you consider it worth providing socialist care if the benefit was high for the cost of it.  Would be in favour of charging working people an average of around 20% of the wages in order to pay for health care for everyone **assuming** that the maximum benefit could be gained for that money?  Libertarians would usually say no.  That taxes (aka extracting money under threat of violence) for such a thing are immorral, no matter the benefit.  How can you violently force someone to provide care to another person?, they would ask"}
{"_id": "239798", "title": "", "text": "It really wasn't necessary, as rising wages in China are competing with wages here. All we had to do was get to the point where China wasn't dirt cheap anymore.  Also dealing with the corruption overseas certainly doesn't help. People say that complying with US regulations is burdensome, but not nearly as burdensome as not knowing what bribes you will have to pay when."}
{"_id": "239820", "title": "", "text": "Finding Zero is the expected result of your Craigslist check. You will have to do a lot more research. A local agent can help you determine the number of days they stay on the market before they are rented. They can also help determine the spread between purchase costs and rental cost. You will also have to figure in the cost of hiring a local management company, if you don't want to drive to Syracuse every time the renter has a problem in the middle of the night, or in the middle of a blizzard."}
{"_id": "239827", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://edition.cnn.com/2017/05/31/politics/congress-investigating-jeff-sessions-russian-ambassador-meeting/index.html) reduced by 84%. (I'm a bot) ***** &gt; Congressional investigators are examining whether Attorney General Jeff Sessions had an additional private meeting with Russia&amp;#039;s ambassador during the presidential campaign, according to Republican and Democratic Hill sources and intelligence officials briefed on the investigation.  &gt; Investigators on the Hill are requesting additional information, including schedules from Sessions, a source with knowledge tells CNN. They are focusing on whether such a meeting took place April 27, 2016, at the Mayflower Hotel in Washington, DC, where then-candidate Donald Trump was delivering his first major foreign policy address.  &gt; Neither Hill nor FBI investigators have yet concluded whether a private meeting took place - and acknowledge that it is possible any additional meeting was incidental.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ekkra/first_on_cnn_sources_congress_investigating/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133727 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **meet**^#1 **Sessions**^#2 **Russian**^#3 **any**^#4 **Trump**^#5\""}
{"_id": "239829", "title": "", "text": "Hmm... I don't understand how big of an impact that would have in the long run. In the short-run, I can see it being an issue due to price-inflation.   But long-term, wouldn't the market adjust accordingly? If the prices are raised beyond the individual households' disposable income, people will simply find alternative products.   I guess it would be a terrible thing if they controlled something that is necessary to us. But if that happens, I imagine a revolution will start.   What incentives do the large companies have in doing this?"}
{"_id": "239853", "title": "", "text": "I had this same thing. We both just got out of a relationship and neither of us wanted anything like a relationship, but both desperately did not want to sleep alone. We weren't even attracted to each other sexually but we'd study together till late, then head to one of our places and sleep in each other's arms.   Quite cathartic really."}
{"_id": "239865", "title": "", "text": "The history of the last 100 years has demonstrated that inflation need not be a straight-line advance in price across the board. New technology has delivered productivity gains which have in many cases compensated for inflation. Keep in mind that price changes may be inflationary, but may not attributable to inflation. For example, the massive swing upward in gasoline prices had more to do with the market, specifically Chinese demand for gas than inflation. But increased fuel costs trickle into the prices of other commodities that we need to buy as well!"}
{"_id": "239876", "title": "", "text": "You are trying to predict the future currency fluctuations that can't be predicted.  If you know for sure you are moving, convert it directly into Euros in near future rather than take a complicated route."}
{"_id": "239877", "title": "", "text": "\"&gt;I also got more interviews in the 3 months since I started studying for the CFA and listing that on resume then in the 6 months before hand  Sounds like you need to get your interview skills up to par then. Once you get the interview it's all on you to show them that you're quick on your feet and a somewhat enjoyable person to be around. I used to be awful in interviews but now I just waltz in there with a \"\"I dont need these guys, they need me\"\" mindset. I also cross my legs and lean back, etc.. Anything to make me relax and not come off as a robot spouting financial statement jargon\""}
{"_id": "239887", "title": "", "text": "California bankruptcy law requires disclosure of any gift made by the person declaring bankruptcy in the past 12 months, and any asset transfers in the past 2 years (with a couple of minor exceptions). This would most certainly include the car, if it is regifted back to you. Such a claim would likely be considered fraudulent, though this would be a matter for the lawyers and bankruptcy trustee in question. There's a blog which you may wish to check out, the California Bankruptcy Blog, which has a specific entry on gifts. Now, there is a specific exemption for automobiles, but only up to a total of $2725. Legally, I believe there's nothing you can do here. If the $10K was a loan, it will be discharged in bankruptcy. If it was a gift, it'll have to be declared and the car will have to be sold. If regifted or transferred, it must be declared and will likely (but not definitely) be determined as an invalid disposal of assets. Either you or your family member will have to discuss this with a bankruptcy lawyer. I'm sorry your generous act is likely to get tangled up here. :("}
{"_id": "239891", "title": "", "text": "\"Defining risk tolerance is often aided with a series of questions. Such as - You are 30 and have saved 3 years salary in your 401(k). The market drops 33% and since you are 100% S&P, you are down the same. How do you respond?  (a) move to cash - I don't want to lose more money. (b) ride it out. Keep my deposits to the maximum each year. Sleep like a baby.  A pro will have a series of this type of question. In the end, the question resolves to \"\"what keeps you up at night?\"\" I recall a conversation with a coworker who was so risk averse, that CDs were the only right investment for her. I had to explain in painstaking detail, that our company short term bond fund (sub 1 year government paper) was a safe place to invest while getting our deposits matched dollar for dollar. In our conversations, I realized that long term expectations (of 8% or more) came with too high a risk for her, at any level of her allocation. Zero it was.\""}
{"_id": "239904", "title": "", "text": "I know this question is old. I also have a kotak trading account. There is no way to get the dividend report from the trading account. The dividend is directly credited to your bank account by the companies through registrar. There is no involvement of trading account in there. So the best possible way will be to get the bank account statement for the financial year and filter out the dividend transactions manually. I know it is tedious, but there doesn't seem to be any easy way out there for this. Few days back I started using portfolio manager provided by economic times. It lists all the dividend earned in my stocks automatically."}
{"_id": "239949", "title": "", "text": "Deming Electro Plating Corporation specializes in all types of electroplating and surface finishing services in New York. We provide high quality metal finishing work using top grade materials. With over 60 years of experience in electroplating services we provide fastest turnaround time on all types of finishing work."}
{"_id": "239962", "title": "", "text": "&gt; so luck is not a factor  Of course it is.  Had Bach been born at a different time in history, his style may not have been as fashionable as it was in the time he was active, and the cultural influence he has exerted would not have informed our tastes in the same way, resulting in a reality where Bach doesn't seem all that special."}
{"_id": "239977", "title": "", "text": "I'm interested in how this will fit in with the anti gmo  and organic produce crowed.  There is such a push back against engineered plants, I wonder if it will be the same against this or will the ethical and environmental benefits silence those voices?"}
{"_id": "239983", "title": "", "text": "\"Benjammin822 gave a pretty good summary of how schools are thought of but I'll add my two cents as well.  Yes, at \"\"top\"\" firms you'll see a heavy representation of Ivies, top LACs, and schools like Duke, UVA, Cal, etc.   However, this does not preclude you from going into investment banking. There are thousands of firms out there, and there are a bunch of stories on Wall Street Oasis about guys from non-targets networking their tail off and breaking in (even at big firms). If you want it bad enough, you'll make the necessary efforts to succeed.   And if you fail, you always have a \"\"redo\"\" by pursuing a top MBA.\""}
{"_id": "239998", "title": "", "text": "Owning a stock via a fund and selling it short simultaneously should have the same net financial effect as not owning the stock.  This should work both for your personal finances as well as the impact of (not) owning the shares has on the stock's price. To use an extreme example, suppose there are 4 million outstanding shares of Evil Oil Company.  Suppose a group of concerned index fund investors owns 25% of the stock and sells short the same amount.   They've borrowed someone else's 25% of the company and sold it to a third party.  It should have the same effect as selling their own shares of the company, which they can't otherwise do.  Now when 25% of the company's stock becomes available for purchase at market price, what happens to the stock?  It falls, of course.   Regarding how it affects your own finances, suppose the stock price rises and the investors have to return the shares to the lender.  They buy 1 million shares at market price, pushing the stock price up, give them back, and then sell another million shares short, subsequently pushing the stock price back down. If enough people do this to effect the share price of a stock or asset class, the managers at the companies might be forced into behaving in a way that satisfies the investors.  In your case, perhaps the company could issue a press release and fire the employee that tried to extort money from your wife's estate in order to win your investment business back.  Okay, well maybe that's a stretch."}
{"_id": "240007", "title": "", "text": "Well I love Tesla, and 8 years / Infinite Miles...sounds good, but it is also about the same as many conventional vehicles which come with a 10 Year / 100,000 mile drive train warranty. (which does work out to be 7.1 years with a typical annual mileage of 14k)"}
{"_id": "240021", "title": "", "text": "You're conflating the amount of money the American economy makes with the amount of debt the American *government* accrues. The deficit is not 2.3% of tax receipts.  Really, your story is about somebody who makes $29,000, has their parent's co-signed on a mortgage for $170,000, and spent $38,000 last year. They just put the extra $9 on their parents' credit card and ignored all the times their parents have tried to sit down and talk about their spending habits over the years.  The total *American* debt is $60 trillion, which is 350% of GDP."}
{"_id": "240023", "title": "", "text": "One way to look at a butterfly is to break it into two trades. A butterfly is actually made up of two verticals... One is a debit vertical: buy 490 put and sell the 460 put.  The other is a credit vertical: sell a 460 put and buy a 430 put.  If someone believes Apple will fall to 460, that person could do a few things. There are other strategies but this just compares the three common ones: 1) Buy a put. This is expensive and if the stock only goes to 460 you overpay for it. 2) Buy a put vertical. This is less expensive because you offset the price of your put. 3) Buy a butterfly. This is cheapest of the three because you have the vertical in #2 as well as a credit vertical on top of that to offset your cost.  The reason why someone would use the butterfly is to pay less upfront while capitalizing on a fall to 460. Of the three, this would be the better strategy to use if that happens. But REMEMBER that this only applies if the trader is right and it goes to 460. There is always a trade off for every strategy that the trader must be aware of. If the trader is wrong, and Apple goes to say 400, the put (#1) would make the most money and the butterfly(#3) would lose money while the vertical (#2) would still gain. So that is what you're sacrificing to get the benefits of the butterfly. Also helps to draw a diagram to compare the strategies."}
{"_id": "240038", "title": "", "text": "\"In the United States, the Fair Credit Reporting Act allows companies to buy your credit information for \"\"legitimate business needs.\"\" The legitimate use of credit scores and credit reporting varies state to state, but like it or not, you can expect a lot more non-lending use of your credit information in the future. Companies and individuals use credit reports as an assessment of general behavior because, unfortunately, they work. You've seen the disclaimers about \"\"past performance\u2026\"\", but unfortunately in this case\u2026 past performance really has been shown to be a pretty reliable indicator of future behavior. So\u2026\""}
{"_id": "240039", "title": "", "text": "\"Yes on taxes. It depends on the other point. As you already see from Ben's comment, if you're both very Western in your culture, you may want to consider Ben's advice because while you will save money, it may not be considered a healthy way to start a relationship.  Western culture tends to see marriage as more of a \"\"do it for love\"\" whereas other cultures may view marriage more pragmatically and take economics and finance as a major consideration. For instance, a friend of mine married his spouse and it was 100% pragmatic - considering taxes and laws, driving most of his family insane because \"\"it doesn't sound very loving\"\" (these were the exact words).  Unfortunately, this created tension later on because family on both sides kept telling both of them that the other didn't love the partner and they used how their marriage started as proof.  As surprising as it is to me (non-Western), many Americans are horrified at people marrying at the JOP or other pragmatic ways, even if it saves them thousands. Answering questions about relationships is very difficult because often the issue is less about money and more about culture.  If you're both from pragmatic cultures where economics and finance weigh strongly and you don't see possible issues with family (and really be honest on this point), then consider the financial advantages.\""}
{"_id": "240042", "title": "", "text": "You don't need to use an open line of credit to help your credit score. You didn't ask this, but another option is to not cut up the card and keep the account open, even if you don't use it. I mention this because sometimes when you are calling in or setting up an online account to service the card, you may need to have the expiration date and CVV code on hand. This has burned me a few times as I had to hunt around for a card I rarely ever use. That being said, if you are worried that you might use the card if you know it's there, then sure, cut it up."}
{"_id": "240060", "title": "", "text": "Repaint are the leading Montreal painting professionals for your interior and exterior painting project. With over 10 years of commercial painting in Montreal, they can handle any job, big or small. Get a free quote now! Visit http://repeinture.ca/en/."}
{"_id": "240066", "title": "", "text": "I'm not sure why you think that it matters that the distribution goes to an S-Corp vs an individual tax payer. You seem to think it has any relevance to your question, but it doesn't. It only confuses your readers. The situation is like this: LLC X is deriving income in State #2. It has two members (I and S) residents of State #1. Members I and S pay all their taxes to State #1, and don't pay taxes to State #2. State #2 audited member I and that member now needs to pay back taxes and penalties to State #2 on income derived from that State. Your question: Does that mean that member S should be worried, since that member was essentially doing the exact same thing as member I? My answer: Yes."}
{"_id": "240074", "title": "", "text": "\"(This answer is based on the US banking system; if that isn't where you are, please edit appropriately.) There are probably two places the thief could go to cash the check: Your bank The issuer's bank Third-party banks are unlikely to want to cash a check drawn on a different bank for a payee who isn't their customer.  So notifying both of these banks would be a good start. Also, hopefully the thief does not look like you and won't be able to pass using your ID.  The thief will also have to forge your endorsement on the check - if he goes to your bank, they can check it against your signature which they have on file, and hopefully it won't match.  (The issuer's bank wouldn't notice that, of course, so read on.) Even if the check is cashed, you should ultimately be okay, as I understand it.  The issuer of the check still owes you the money; he can't prove he's paid you until he has the cancelled check (or its image) showing your valid endorsement.  So he needs to give you another check, eventually.  (This assumes the check was payment for a debt of some kind; if it was a gift or some other sort of voluntary payment, he could at this point change his mind and decide not to pay you after all.) The issuer should be okay too.  If the check is cashed and debited from his account, he should go to his bank and tell them the endorsement is forged.  They may ask you to sign something where you state under penalty of perjury that the signature isn't yours.  Then they will re-credit his account, so that he can pay you again. (Normally the bank  that cashed the check will be on the hook for the loss; it was their responsibility to make sure they were paying the rightful payee, and they failed in that responsibility.  Various procedural issues can shift that liability between banks, but ultimately it shouldn't be either customer who suffers unless someone did something really negligent, like not reporting the theft for months.) Obviously this would all be much simpler if the issuer can call his bank right away and stop payment.  This can be done over the phone or online, so \"\"out of town\"\" shouldn't be an issue unless he is out in the woods or something.  If he can talk to you, he can talk to them.\""}
{"_id": "240078", "title": "", "text": "well with all the scientist saying that we're doomed anyway. If the parachute is gone just enjoy the fall while it lasts.   According to mainstream media the only thing that could stop the carbon  emissions on time is a plan economy. Is this the proposition?   If there is any chance of us avoiding this it will be due to the alternative energies being better and winning on the free market. We see this happening with coal already. But to hand away all the power of the production to a bunch of hippies, unconditionally since if we don't the God of climate change will punish us for our hedonistic ways, is a rather wild suggestion."}
{"_id": "240086", "title": "", "text": "Robert Shiller has an on-line page with links to download some historical data that may be what you want here. Center for the Research in Security Prices would be my suggestion for another resource here."}
{"_id": "240089", "title": "", "text": "Yes, there is an analogous strategy for selling: it's to sell a fixed number of shares per period of time."}
{"_id": "240098", "title": "", "text": "Right now the SEPA Credit Transfers take 3 days excluding holidays. In future this would be reduced to 2 days and then eventually to same day. Your bank would have acknowledged sending out the transaction. It would go into the clearing house and then to the recipient's bank. Once the receiver's bank receives the funds, they would notify the receiver."}
{"_id": "240116", "title": "", "text": "\"Does your new job include life insurance?  Most \"\"professional\"\" positions *will*, making your old insurance a moot point.   That said, even if the answer is \"\"no\"\", **and** you really, really need to maintain some level of term life (ie, newborn kid and unemployed spouse)... You would **still** want to shop around rather than just automatically converting your former employer's plan.  \"\"Group\"\" is a nice-sounding way of saying \"\"the young and healthy subsidize the premiums of the old and sick\"\"; if you're not old and/or chronically unhealthy... You can probably do better on your own.\""}
{"_id": "240128", "title": "", "text": "You know we have states that have legalized and not seen some big explosion in crashes right?  I'm sorry , nobody is legalizing DUI, I can't justify continuing to prohibit cannabis entirely just because some people are afraid of other drivers."}
{"_id": "240132", "title": "", "text": "One of the key characteristics of capitalism is commodification of labor and exchange.  Thus, one truly is forced under capitalism to work.  We see this today in the economy (falling wages are a key indicator) but also in the origins of capitalism, where the enclosures and dispossessions (essentially, the imposition of commodity exchange and labor) were accompanied by a massive state-sponsored bloodbath and spectacular terrorism.  So, I think it is clear that capitalism does indeed force your to work."}
{"_id": "240141", "title": "", "text": "\"Theres nothing wrong with CDOs or Synthetic ones. What is important is that they are labelled correctly in terms of their risk. You cant be selling risky CDOs as \"\"safe\"\" bets.   If the rating agencies and financial institutions rate them correctly then I dont see a problem with it.\""}
{"_id": "240173", "title": "", "text": "In america we cater to the lowest common denominator: Whatever makes the loudest noise, that's what we throw money at.  So a huge amount of money is spent on a tiny number of people.  Where is the most money in health care spent?  28% of all health care spending is spent on 1% of the population.  5% of the patients are 49% of the cost of health care."}
{"_id": "240178", "title": "", "text": "\"Einige Begriffe in pers\u00f6nliche Finanzen sind genauso wichtig, oder gebrauchte so h\u00e4ufig, wie \"\"Gefahr.\"\" Dennoch sind einige Begriffe als ungenau definiert. Im Allgemeinen wenn Finanzberater oder die Medien \u00fcber Anlagerisiko sprechen, ist ihren Fokus auf die historische Volatilit\u00e4t des Verm\u00f6genswerts bzw. der Investitionen in der Diskussion.  Berater beschriften als aggressive oder riskante eine Investition, die anf\u00e4llig f\u00fcr wilde Preis-Rotationen in der Vergangenheit gewesen ist. Die vermeintliche Unsicherheit und Unvorhersehbarkeit f\u00fcr die zuk\u00fcnftige Wertentwicklung dieser Investition wird als Risiko wahrgenommen. Verm\u00f6genswerte gekennzeichnet durch Preise, die historisch in einem engeren Bereich von Spitzen und T\u00e4ler verschoben wurden gelten als Konservativer. Diese Erkl\u00e4rung wird leider selten angeboten, so dass es oft nicht klar ist, dass der Volatilit\u00e4t Ma\u00dfstab verwendet wird, um die Gefahr zu messen.  Bevor Sie sich Risiko mehr formell, lohnen sich ein paar Bemerkungen. Auf der praktischen Ebene k\u00f6nnen wir sagen, dass Risiko die Chance, ist dass Ihre Investition niedrigere Renditen als erwartet oder sogar einen Verlust Ihrer gesamten Investition vermitteln. Sie wahrscheinlich auch sind besorgt \u00fcber die Chance, Ihre Anlageziele nicht erf\u00fcllen. Denn Sie investieren jetzt so k\u00f6nnen Sie etwas sp\u00e4ter tun (z. B. f\u00fcr Hochschule bezahlen oder bequem zur\u00fcckziehen). Jede Investition tr\u00e4gt ein gewisses Risiko, einschlie\u00dflich den m\u00f6glichen Verlust des Prinzipals, und es kann keine Garantie daf\u00fcr, dass alle Investment-Strategie erfolgreich sein wird. Deshalb ist es sinnvoll, die Arten von Risiken sowie das Ausma\u00df der Gefahr, die Sie ausw\u00e4hlen, und Wege, sie zu handhaben lernen zu verstehen.  WAS SIE WAHRSCHEINLICH BEREITS WISSEN, \u00dcBER DAS RISIKO  Auch wenn Sie nie \u00fcber das Thema gedacht haben vielleicht, sind Sie wahrscheinlich bereits vertraut mit vielen Arten von Risiko von Lebenserfahrungen. Beispielsweise ist es sinnvoll, dass ein Skandal oder Klage, bei der ein Unternehmen, wahrscheinlich einen Tropfen in den Preis der Aktien dieses Unternehmens, zumindest vor\u00fcbergehend verursachen wird. Wenn ein Autohersteller einen Homerun mit einem neuen Modell trifft, k\u00f6nnte das schlechte Nachrichten f\u00fcr konkurrierende Autohersteller sein. Im Gegensatz dazu k\u00f6nnte eine Verlangsamung und B\u00f6rse Konjunkturr\u00fcckgangs die meisten Unternehmen und ihre Aktienkurse, nicht nur in einer Branche Schaden.  Allerdings gibt es viele verschiedene Arten von Risiken zu beachten. Volatilit\u00e4t ist ein guter Ort zu beginnen, da wir die Elemente des Risiko genauer untersuchen.  WAS MACHT VOLATILIT\u00c4T RISKANT?  Nehmen wir an, dass Sie vor 20 Jahren $10.000 in jedem der zwei Investmentfonds investiert hatten und beide Fonds durchschnittliche j\u00e4hrliche Rendite von 10 Prozent produziert. Stellen Sie sich weiter, dass man dieser hypothetischen Mittel verl\u00e4ssliche Freddy kehrte genau 10 Prozent jedes Jahr. Die j\u00e4hrliche zur\u00fcckgeben des zweiten Fonds, Jekyll &amp; Hyde, wechselten--5 Prozent ein Jahr, 15 Prozent der n\u00e4chsten, 5 Prozent wieder im dritten Jahr und So weiter. Was w\u00e4re diese zwei Investitionen Wert am Ende der 20 Jahre?  Es scheint offensichtlich, dass wenn die durchschnittliche j\u00e4hrliche Rendite von zwei Anlagen identisch sind, ihre Endwerte, zu werden. Aber das ist ein Fall, wo sich Intuition stimmt. Wenn Sie die 20-j\u00e4hrige Anlagerenditen in diesem Beispiel in einem Diagramm darstellen, sehen Sie, dass verl\u00e4ssliche Freddy Endwert mehr als $2.000 mehr als das aus der Variablen gibt der Jekyll ist &amp; Hyde. Das Defizit wird viel schlimmer, wenn Sie verbreitern die j\u00e4hrlichen Schwankungen (z.B. Plus oder Minus 15 Prozent, anstelle von Plus oder Minus 5 Prozent). Das folgende Beispiel veranschaulicht eine der Auswirkungen der Investitionen Preisschwankungen: kurzfristige Schwankungen der Renditen sind eine Belastung f\u00fcr langfristiges Wachstum. (Hinweis: Dies ist ein hypothetisches Beispiel und spiegelt nicht die Leistung einer bestimmten Investition. In diesem Beispiel \u00fcbernimmt die Wiederanlage der alle Einnahmen und ber\u00fccksichtigt keine Steuern oder Transaktionskosten.)  Zwar Performance in der Vergangenheit keine Garantie f\u00fcr zuk\u00fcnftige Ergebnisse, ist historisch die negative Auswirkungen der kurzfristigen Preisschwankungen verringert worden, Investitionen \u00fcber einen l\u00e4ngeren Zeitraum zu halten. Aber auf eine l\u00e4ngere Haltedauer z\u00e4hlen bedeutet, dass zus\u00e4tzliche Planung gefordert ist. Sie sollten kein Geld investieren, die bald in eine fl\u00fcchtige Investition ben\u00f6tigt werden. Andernfalls k\u00f6nnten Sie gezwungen sein, die Investition um Bargeld zu einem Zeitpunkt zu erh\u00f6hen, wenn die Investition mit Verlust ist, zu verkaufen.  [Lesen sie hier mehr](http://www.ameripriseadvisors.com/team/abney-associates/articles/9/understanding-risk/)\""}
{"_id": "240182", "title": "", "text": "I knew that but it's how creative they get with their evil. And in spite of everyone in the world telling them not to, telling them they'll be punished, that there are consequences to face..   I'm simultaneously repulsed and embarassed by association."}
{"_id": "240196", "title": "", "text": "The money goes to the seller.  There are a lot of behind the scenes things that happen, and some transactions are very complicated with many parties involved (evidenced by all the comments on @keshlam's perfectly reasonable high-level answer), but ultimately the money goes to the seller.  Sometimes the seller is the company.  The billions of shares that change hands each day are moving between other individuals like you and investment funds; these transactions have no direct impact on the company's financials, in general."}
{"_id": "240211", "title": "", "text": "The previous answers have raised very good points, but I believe one facet of this has been neglected. While it's true that the total accessible supply of gold keeps growing(although rather slowly as was mentioned earlier) the fact remains that gold, like oil, is a non-renewable natural resource. So, at some point, we are going to run out of gold to mine. Due to this fact, I believe gold will always be highly valued. Of course it can certainly always fluctuate in value. In fact, I expect in the reasonably near future to see a decline in the price of gold due to investors selling it en masse to re-enter the stock market when the economy has recovered more substantially."}
{"_id": "240212", "title": "", "text": "U kunt maatwerk, professionaliteit, kwaliteit en gedegen advies verwachten sauna Kopen en infraroodcabines. De werknemers van het bedrijf staan klaar om u te helpen bij het maken van een juiste keuze die wordt gemaakt van al uw wensen. dus bezoek onze website."}
{"_id": "240215", "title": "", "text": "\"The process of borrowing shares and selling them is called shorting a stock, or \"\"going short.\"\"  When you use money to buy shares, it is called \"\"going long.\"\" In general, your strategy of going long and short in the same stock in the same amounts does not gain you anything.  Let's look at your two scenarios to see why. When you start, LOOT is trading at $20 per share.  You purchased 100 shares for $2000, and you borrowed and sold 100 shares for $2000.  You are both long and short in the stock for $2000.  At this point, you have invested $2000, and you got your $2000 back from the short proceeds.  You own and owe 100 shares. Under scenario A, the price goes up to $30 per share.  Your long shares have gone up in value by $1000.  However, you have lost $1000 on your short shares.  Your short is called, and you return your 100 shares, and have to pay interest.  Under this scenario, after it is all done, you have lost whatever the interest charges are. Under scenario B, the prices goes down to $10 per share.  Your long shares have lost $1000 in value.  However, your short has gained $1000 in value, because you can buy the 100 shares for only $1000 and return them, and you are left with the $1000 out of the $2000 you got when you first sold the shorted shares.  However, because your long shares have lost $1000, you still haven't gained anything.  Here again, you have lost whatever the interest charges are. As explained in the Traders Exclusive article that @RonJohn posted in the comments, there are investors that go long and short on the same stock at the same time.  However, this might be done if the investor believes that the stock will go down in a short-term time frame, but up in the long-term time frame.  The investor might buy and hold for the long term, but go short for a brief time while holding the long position. However, that is not what you are suggesting.  Your proposal makes no prediction on what the stock might do in different periods of time.  You are only attempting to hedge your bets.  And it doesn't work.  A long position and a short position are opposites to each other, and no matter which way the stock moves, you'll lose the same amount with one position that you have gained in the other position.  And you'll be out the interest charges from the borrowed shares every time. With your comment, you have stated that your scenario is that you believe that the stock will go up long term, but you also believe that the stock is at a short-term peak and will drop in the near future.  This, however, doesn't really change things much.  Let's look again at your possible scenarios. You believe that the stock is a long-term buy, but for some reason you are guessing that the stock will drop in the short-term.  Under scenario A, you were incorrect about your short-term guess.  And, although you might have been correct about the long-term prospects, you have missed this gain.  You are out the interest charges, and if you still think the stock is headed up over the long term, you'll need to buy back in at a higher price. Under scenario B, it turns out that you were correct about the short-term drop.  You pocket some cash, but there is no guarantee that the stock will rise anytime soon.  Your investment has lost value, and the gain that you made with your short is still tied up in stocks that are currently down. Your strategy does prevent the possibility of the unlimited loss inherent in the short.  However, it also prevents the possibility of the unlimited gain inherent in the long position.    And this is a shame, since you fundamentally believe that the stock is undervalued and is headed up.  You are sabotaging your long-term gains for a chance at a small short-term gain.\""}
{"_id": "240225", "title": "", "text": "\"If you're risking \"\"everything\"\" by buying stock, you shouldn't be buying stock. The employees are the ones who are really at risk. Should the business go belly up, the investors are out some investment money, they'll make more; the employees don't have an income source anymore. CAT may have no legal obligation to pay better than market-wages but if they want to keep their skilled labor from going to competitors, they might want to think about it. You can't build machines without workers. If you have a good product in an established market, you can always get more investors.\""}
{"_id": "240232", "title": "", "text": "assuming you are in the USA, i would recommend making this a gift.  you can gift someone up to 14k$ per year without paying a gift tax. additionally, you can gift someone up to 5430k$, but it is a one-time deal (tied to inheritance tax).   you can have a general expectation with the giftee that they will return the money with some interest on some schedule.  you can even write that payment schedule down.  but for legal, tax and personal relationship reasons, you should both consider all these payments gifts. if you think failure to repay will put a strain on your relationship, then you shouldn't make the loan.  if not, then the payments in both directions really are gifts. as a gift, legal documentation can be really minimal. really, only the gifter has to document anything, and that is just on their tax return. even then, i think it is only necessary if you exceed the 14k$ annual gift limit. i would however recommend documenting any interest rates or payment schedules for personal reasons. being a gift, these numbers are just guidelines, but at least you won't find yourself arguing about whether or not the guidelines are being met. depending on how large the amounts involved are, you might want to spread the load over several people to stay under that annual limit. but the limit is per tax year, so you could do half now and half in january."}
{"_id": "240236", "title": "", "text": "\"The default scenario that we're talking about in the Summer of 2011 is a discretionary situation where the government refuses to borrow money over a certain level and thus becomes insolvent. That's an important distinction, because the US has the best credit in the world and still carries enormous borrowing power -- so much so that the massive increases in borrowing over the last decade of war and malaise have not affected the nation's ability to borrow additional money. From a personal finance point of view, my guess is that after the \"\"drop dead date\"\" disclosed by the Treasury, you'd have a period of chaos and increasing liquidity issues after government runs out of gimmicks like \"\"borrowing\"\" from various internal accounts and \"\"selling\"\" assets to government authorities.  I don't think the markets believe that the Democrats and Republicans are really willing to destroy the country. If they are, the market doesn't like surprises.\""}
{"_id": "240250", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.marketwatch.com/story/tesla-no-longer-biggest-us-car-company-by-market-cap-as-stock-plunges-after-safety-distinction-eludes-model-s-2017-07-06) reduced by 88%. (I'm a bot) ***** &gt; Tesla Inc.&amp;#039;s stock plunged into bear market territory Thursday before bouncing slightly, after an independent highway-safety organization said the electric-car maker&amp;#039;s flagship Model S failed to qualify for any top safety award.  &gt; The stock&amp;#039;s TSLA, -5.58% selloff knocked Tesla from its perch as No. 1 U.S. car maker by market cap, a distinction the Silicon Valley company maintained for some three months.  &gt; Tesla&amp;#039;s stock has lost about $7.18 billion in market cap the past two sessions.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lq6y2/tesla_no_longer_biggest_us_car_company_by_market/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~161131 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Model**^#1 **Tesla**^#2 **safety**^#3 **rated**^#4 **stock**^#5\""}
{"_id": "240252", "title": "", "text": "Thanks for this, great in depth answer. I had previously calculated a WACC and have used it for my discount rate.   As part of your last point on revenue vs. cash, I've set a accounts receivable period of 30 days, and then applied a factor of 30/365 * revenue to understand what portion of my revenue is not cash in hand. Does that make sense?"}
{"_id": "240259", "title": "", "text": "401k contributions are exempt from employee and employer FICA withholding.  The employer withholding is approximately 7% of the gross.  The closer the employer match ratio is to 7%, the closer it is to paying for itself.  Example: Assuming an employee is match-maximizing and in very round numbers grosses 100,000 per year.  A 50% match schedule is about $350 cheaper per employee than a 100% match schedule: Default non participant: The employee will see about 7000 deducted for FICA, and the employer will pay 7000 to FICA if they don't participate.   First case: the match is 100%, 1-for-1 to a 5% cap, the employee will deduct 5000, and have 6650 withheld for FICA.  The employer will pay 6650 to FICA.  The total employer cost of withholding and match is 11,650.   Second case: If the match is 50%, 1-for-2 to a 5% cap, the employee will deduct 10000, and have 6300 withheld for FICA.  The employer will pay 6300 to FICA.  The total employer cost of withholding and match is 11,300."}
{"_id": "240261", "title": "", "text": "I ended up writing a simulation in R. Here is my code: It produces a plot like this:  This code assumes you have a lump sum and either wish to pay down a loan or invest it all immediately. Feedback welcome."}
{"_id": "240268", "title": "", "text": "In general, buying a house will improve your net worth over the long haul, because unlike cars, houses don't suffer as much from depreciation.  The problem with real property is that markets are very cyclic and aren't very liquid assets. Farmers with thousands of acres of valuable land are often cash poor for that very reason. A lot of people here are negative about housing ownership\u00a0\u2014 this is illustrative of the fact that 2010 is a year where real estate is on the down-side of the cycle."}
{"_id": "240304", "title": "", "text": "What's killing the mid-priced restaurant industry? Maybe it's a combination of waitstaff and tipping.  Two of the major draws of fast-casual places like Chipotle, Boston Market, Panera, etc., is (a) order at the counter and (b) enjoy a tip-free dining experience. For the price, there's hardly a discernable difference in food quality between a spaghetti dinner at Applebee's and one at Fazoli's, for example. Place your order, pay exactly what's on the register, and walk away with your food in a few minutes. There's no delay for a wait-person to pick your party's completed order from the kitchen, where three dishes languish under a heat lamp while the straggler awaits completion and plating. You want a refill on that ice tea? Thirty seconds after you've drained the dregs from your glass, you're back in your seat with a fresh drink from the fountain dispenser. When everyone is finished eating, there's no need to flag down a harried server to bring your bill, and then wait even longer for change or that little slip to sign. Just get up and walk out the door.  That's tough competition."}
{"_id": "240306", "title": "", "text": "It's the RT that I think they are referencing in this article. Was a total clusterfuck and waste of money. Was over priced,  heavily underpowered,  and wasn't what people thought of when they consider buying a Microsoft product (wide ranging compatibility). The pro is a viable product line still. It has a different market than standard tablets and has a whole lit more potential functionality. Its a good product that fills several niche markets.  It won't make Microsoft nearly as much as apple makes on their iPad line of products, but it provides a good foundation for Microsoft to rebrand itself."}
{"_id": "240323", "title": "", "text": "Here's how the CBO says the top 1% get their income:     Source|% from source :--------|---------: Cash Wages and Salaries|33.4% Business Income|23.2% Capital Gains|19.1% Capital Income|11.2% Corporate Tax Borne by Capital|7.3% Other Income|3.2% Employer's Share of Payroll Taxes|0.9% Employee's Contributions to Deferred Compensation Plans|0.7% Employer's Contributions to Health Insurance|0.5%"}
{"_id": "240328", "title": "", "text": "The RDFI (Receiving Depository Institution) is the place where you keep your money and where the Debit is going to be made. Unfortunately the Debit did not go through for some kind of regulatory reason that I don't understand. You could ask them why people are not allowed to make ACH Debits there or you can try to pay through a different bank."}
{"_id": "240350", "title": "", "text": "\"I don't know of a situation where rejecting a raise would make sense. Often, one can be in a phaseout of some benefit, so that even though you're in a certain tax bracket, the impact of the next $100 is greater than the bracket rate alone. Taxation of social security benefits is one such anomaly. It can be high, but never over 100%. Update - The Affordable Care Act contains such an anomaly - go to the Kaiser Foundation site, and see the benefit a family of three might receive. A credit for up to $4631 toward their health care insurance cost. But, increase the income to above $78120 Modified Adjusted Gross Income (MAGI) and the benefit drops to zero. The fact that the next dollar of income will cost you $4631 in the lost credit is an example of a step-function in the tax code. I'd still not turn down the raise, but I'd ask that it be deposited to my 401(k). And when reconciling my taxes each April, I'd use an IRA in case I still went over a bit. Consider, it's April, and your MAGI is $80,120. Even if you don't have to cash to deposit to the IRA, you borrow it, from a 24% credit card if need be. Because the $2000 IRA will trigger not just $300 less Federal tax, but a $4631 health care credit.  Note - the above example will apply to a limited, specific group who are funding their own health care expense and paying above a certain percent of income. It's not a criticism of ACA, just a mathematical observation appropriate to this question. For those in this situation, a close look at their projected MAGI is in order.  Another example - the deduction for college tuition and fees.  This is another \"\"step function.\"\" Go a dollar over the threshold, $130K joint, and the deduction drops from $4000 to $2000. You can claim that a $2000 deduction is a difference of 'only' $500 in tax due, but the result is a quick spike in the marginal rate. For those right at this number, it would be worth it to increase their 401(k) deduction to get back under this limit.\""}
{"_id": "240351", "title": "", "text": "Just to clarify Short Team Goals & Long Term Goals... Long Term goals are for something in future, your retirement fund, Children\u2019s education etc. Short Term goals are something in the near future, your down payment for car, house, and holiday being planned. First have both the long and short terms goals defined. Of Couse you would need to review both these goals on a ongoing basis... To meet the short term goals you would need to make short term investments. Having arrived at a short term goal value, you would now need to make a decision as to how much risk you are willing [also how much is required to take] to take in order to meet your goal. For example if you goal is to save Rs 100,000 by yearend for the car, and you can easily set aside Rs 8,000 every month, you don't really need to take a risk. A simple Term / Fixed Deposit would suffice you to meet your goal. On the other hand if you can only save Rs 6,000 a year, then you would need to invest this into something that would return you around 35%. You would now need to take a risk. Stocks market is one option, there are multiple types of trades [day trades, shorts, options, regular trades] that one can do ... however the risk can wipe out even your capital. As you don't know these types of investments, suggest you start with dummy investing using quite a few free websites, MoneyControl is one such site, you get pseudo money and can buy sell and see how things actually move. This should teach you something about making quick gains or losses without actually gaining or loosing real money. Once you reach some confidence level, you can start trading using real money by opening a trading account almost every other bank in India offers online trading linked to bank account. Never lose sight of risk appetite, and revise if every now and then. When you don't have dependents, you can easily risk money for potential bumper, however after you have other commitments, you may want to tone down...  Edit: http://moneybhai.moneycontrol.com/moneybhai-rules.html is one such site, there are quite a few others as well that offer you to trade on virtual money. Try this for few months and you will understand whether you are making right decissions or not."}
{"_id": "240365", "title": "", "text": "\"There is actually a sabotage theory circulating that GMO activists \"\"biotech industry food terrorists\"\" are the one to blame. Its not as far fetched as I originally thought given the fact that it is no different then what lobbyists do to our congressmen.\""}
{"_id": "240373", "title": "", "text": "\"Just like all employee benefits there is a focus on removing or limiting owners of businesses' ability to abuse tax preferences under the guise of an employee benefit. As you point out there is an overall plan maximum 401(k) for employer contributions and match contributions.  There is a nondiscrimination test for FSA programs (there is also a nondiscrimination test for medical plans under sections 125 and 105(h)).  Employer contributions are counted toward the total of HSA contributions.   Why an HSA has a different maximum arrangement than 401(k) is anyone's guess.  But the purpose of the limit is to prevent owners of companies from setting up plans that do little more than funnel tax free funds to themselves.  An owner/employee could pay themselves a wage, contribute the maximum, then have the \"\"employer\"\" also match the maximum, so there are limits in place.\""}
{"_id": "240374", "title": "", "text": "&gt;If we are looking to offset risk in location A where we are not able to buy forward with location W, and they are the same commodity is this even a common practice in risk management?  Let me prephase this by saying I don't do work directly in this area, but sometimes I analyze what's happening in less liquid markets compared to more liquid markets in various commodities to get a better sense of the supply and demand dynamics of the market.   It's normal - but just looking at the ratios - it looks like the spread is quite volatile - it looks like the price at location W went from trading at 130% of location A to 170% of the price at location A. (I also don't use R so I don't know which time period was the start and which was the end)  What moved in one direction can definitely reverse. If you don't know what is driving this movement in the spread then adding the hedge could be riskier than not having any hedge on. And there are scenarios where the price of the commodity you want to buy at location A is going to rise towards the price at liquid location W and if you are unable to buy it and store it then there isn't much you can do to hedge your company's exposure."}
{"_id": "240396", "title": "", "text": "Sometimes new spare parts have an issue that you need to have set. For setting spare parts you will need a motorcycle mechanic, which can set the spare parts. Currently, everyone prefers to buy for motocycle spares parts online. It is very simple, convenient and helps you to save you a lot of time. Most online stores have outstanding purchasing and distribution services and this can be a plus aspect if you are a motocycle lover."}
{"_id": "240400", "title": "", "text": "Yep. You know, for banks to use against your deposits which are now legally interpreted as unsecured loans or some such. I don't think we can print big again. Happened in [Cyprus](http://rt.com/business/cyprus-crisis-bailout-deposit-631/). Tinfoil hat is optional."}
{"_id": "240417", "title": "", "text": "I work for a boutique recruitment firm as a Marketing manager and I love it. I used to work as a back-end developer but later transitioned into front-end which led me into Digital Marketing.   I still get kicks when I read code. I am a programmer at heart and I love tech but I don't see myself ever pursuing it professionally. Programming is a chase down the rabbit hole."}
{"_id": "240422", "title": "", "text": "IBM is famous for spending lots of money on stock buyback to keep the stock price higher. The technique works, and investors in growth stocks generally prefer a high market prices to a taxable dividend payment. Dividends are ways to return shareholder value when a company generates a\u00a0lot of cash, but doesn't have alot of growth. Electric and gas companies are a classic example of high-dividend companies."}
{"_id": "240424", "title": "", "text": "The dirty secret of Swiss watches is that many movements come from outsourced manufacturers.  I have a TAG Heuer that uses the same mechanism once used in the Rolex Daytona (which is the Zenith El Primero).  Most people have probably never heard of [Zenith](http://en.wikipedia.org/wiki/Zenith_(watchmaker)), but it's one of the most sophisticated manufacturer of watch movements out there.  If Zenith wanted to stop selling movements to TAG, that wouldn't bother me in the least.  Anyways, is this wrong?  Of course not.  Swatch is not required, under any circumstance, to build components for direct competitors."}
{"_id": "240433", "title": "", "text": "&gt;Ok give me which countries.  Russia, America, Canada, China. Those are the easy ones off the top of my head. I live in Canada, we have protectionist policies and openly favor and endorse Canadian industry. We even pay taxes to support them. Want more examples?   &gt; I can tell you whole supply chain of phones were massive failure in Argentina because of protectionism.  ... So you're saying they're hunting dogs and pigeons in the streets because of phones? You're saying they're desperate and starving because of phones?"}
{"_id": "240435", "title": "", "text": "One way that is common is to show the value over time of an initial investment, say $10,000.  The advantage of this is that it doesn't show stock price at all, so handles splits well.  It can also take into account dividend reinvestment.  Fidelity uses this for their mutual funds, as can be seen here.  Another option would be to compute the stock price as if the split didn't happen.  So if a stock does a 2:1 split, you show double the actual price starting at that point."}
{"_id": "240448", "title": "", "text": "\"You could always put cash in an envelope and mail it, with no return address on the envelope. Any form of anonymous donation that I can think of has the risk that if the money is intercepted and stolen, you'll never know. Also, you won't get a receipt that you can use for tax purposes. You could try sending this organization a note saying, \"\"I think you're doing great work, but this donation was a one-time gift. Please take me off your mailing list.\"\" I don't know if it would work, but it's worth a try. By the way, the problem is worse than you think: charities share mailing lists. Once one charity has your name, they'll often share it with other related charities. For example, I give to the Catholic Family Association even though I am a Protestant -- I think they're doing good work that Catholics, Protestants, and people of many other faiths could support. But over the years I started getting fundraising letters from other Catholic charities, and then from groups trying to spread Catholicism, and now I'm getting mailings from groups whose stated purpose is to oppose Protestants. I laugh and throw away the letters, but I know some people get really bothered by this sort of thing. \"\"I'm pretty sure that the total cost of the mailings including postage has now exceeded the $20 I donated.\"\" I've occassionally thought of sending some trivial donation, $5 or $10, to some political or activist group that I totally oppose, just so they'll spend way more than that over the course of the next few years asking me for more money. :-) Plus, they'll send me letters that will tell me what the opposition is up to.\""}
{"_id": "240456", "title": "", "text": "\"In many ways I agree with you, I just don't understand why you feel the need to call people who smoke weed \"\"losers.\"\" All the things you mentioned are healthy ways of stress relief, and I'm happy you're doing well with those. I'm a basically daily user of some of the things I mentioned and I have a job, why does it matter what I do on my time off? I've had issues with depression and do see a psychologist, and the aggressive way you position your argument isn't appreciated.   Your reasons for judging people I sincerely don't agree with. Weed in particular shouldn't raise insurance rates (but that's a different conversation for a different day, I can appreciate if you're a business owner that you take exception to that), I don't advocate for high driving so with that being said it doesn't cause accidents, there is no proven link to marijuana killing you (smoking isn't good for your lungs in general, but there is also edibles and vaping that are much healthier for you), and I hate when people smoke cigarettes around me so I agree with you there.   Especially with your last line is where I take exception. Correct me if I'm wrong, but in your mind a weed smoker = jobless person with 0 motivation, which just isn't true. While there are people who fit that bill and perpetuate the stereotype, it isn't everyone.   That being said there should be restrictions on when and where you can have weed, I completely agree with that.\""}
{"_id": "240494", "title": "", "text": "Have you ever BEEN to a Trader Joe's? Most of the stuff I buy there is as cheap or cheaper than if I'd gotten it at Walmart or another cheap grocery store...it's all store brand without the name brand mark up. If something is expensive (such as produce out of season; high cost meat such as lamb or seafood).  Trader Joe's is run the way a grocery store SHOULD be run. People in Maine don't need oranges and people in Nebraska don't need sea bass to survive."}
{"_id": "240519", "title": "", "text": "I have asked myself this exact same question many times. The analysis would be simple if you invested all your money in a single day, but I did not and therefore I would need to convert your cash transactions into Index fund buys/sells. I got tired of trying to do this using Yahoo's data and excel so I built a website in my spare time. I humbly suggest you try my website out in the hopes that it helps you perform this computation: http://www.amibeatingthemarket.com/"}
{"_id": "240546", "title": "", "text": "Thanks - i doubt they'll throw the CEO guy in jail as long as they appear to want to stop the illegal distribution of goods. It's an interesting dilemma though - would you want to stop the facilitation of illegal goods if it was core to your business becoming successful? Probably not, I'd say..  In the run up to the IPO, I'd expect lots of PR RE: safe guards, checks and trust. Lots of hot air in other words."}
{"_id": "240550", "title": "", "text": "Yes, but only in a relatively short term. False news or speculations can definitely change the stock price, sometimes even significantly. However, the stock price will eventually (in the long-term) correct itself and head to the right direction."}
{"_id": "240556", "title": "", "text": "\"&gt; I think the primary reason you're being down voted  I find the right obnoxious and the left repulsive.  Virtually every foolish thing in our society was born from the left and they should be roundly shown the distain their ideas deserve.  Now the right has joined the party and is using the exact same thug tactics to try to instantiate THEIR tyranny by government force.  It's revolting, but the left wins on just pure malice and stupidity.  &gt; all too often better candidates for a job are excluded in favor for those who are of similar religion or race as the employe  So what?  It's the employer's money and his/her company.  If they make these kinds of decision too often or too long, they will lose out competitively to people who do hire Best In Class.  &gt; Employing people to help create your master vision fundamentally incorporates compromise, for the betterment of society.  But I don't exist for the \"\"betterment of society\"\".  I exist to promote my interests, my family -  my enlightened self interest.  If I make bigoted hiring decisions and thereby exclude best-in-class employees it is *I* who will suffer, not society.  This is a self-regulating problem.  No one in their right mind wants to run a business with anything less than the best possible employees (at the lowest possible salary, BTW).  The Dirty Little Secret here is that EEOC rules do NOT promote Best in Class.  The Best In Class already have jobs and are in demand because - nothwithstanding the whining of the social do-gooders - no one can afford to ignore them as a substantial asset in the workforce, no matter how petty or bigoted any single person might otherwise be.  No, EEOC laws are designed to give substandard candidates jobs they are not qualified for, do not deserve, and cannot perform well.  This has the horrible secondary effect of having people quietly musing \"\"Did he get the job because he's Black/Jewish/Asian/Gay/ ..... or is he really good at it?\"\"  It's not fair, but that's what tampering with meritocracy does.\""}
{"_id": "240562", "title": "", "text": "Your employer decides what options you have in the 401k. You can talk to your HR about that. There are requirements for diversity of various types of investments, money-market funds is being one of them. That is the investment account equivalent of cash. While it is not really cash but rather short term bonds - the term is generally very short and the risk is very limited. You can't earn much there, and you can't lose much there - so for all intents and purposes you can treat is as a cash-equivalent."}
{"_id": "240567", "title": "", "text": "\"If you think IBMs recent moves on telecommuting have anything to do with telecommuting, your confused.  By forcing many people back into the office, often in a different state, they are implementing stealth layoffs. Just like Yahoo did, they are putting a lot of people in tenuous positions &amp; expecting them to simply quit instead of move. IBM is shaky &amp; laying off a lot of people. MANY IBMers are worried about their jobs, then a ridiculous demand to move to keep your job, without any relocation reimbursements comes along... You read between the lines &amp; just find another job.  There are reporting rules for large scale layoffs &amp; IBM is skirting around that by forcing people out \"\"of their own free will\"\". They don't have to pay unemployment, and they don't have to claim them as layoffs.\""}
{"_id": "240591", "title": "", "text": "\"It depends on what you're talking about. If this is for your retirement accounts, like IRAs, then ABSOLUTELY NOT! In your retirement accounts you should be broadly diversified - not just between stocks, but also other markets like bonds. Target retirement funds and solid conservative or moderate allocation funds are the best 'quick-and-dirty' recommendation for those accounts. Since it's for the long haul, you want to be managing risk, not chasing returns. Returns will happen over the 40 or so years they have to grow.  Now, if you're talking about a taxable stock account, and you've gotten past PF questions like \"\"am I saving enough for retirement\"\", and \"\"have I paid off my debt\"\", then the question becomes a little more murky.  First, yes, you should be diversified. The bulk of how a stock's movement will be in keeping with how its sector moves; so even a really great stock can get creamed if its sector is going down. Diversification between several sectors will help balance that.  However, you will have some advantage in this sector. Knowing which products are good, which products everybody in the industry is excited about, is a huge advantage over other investors. It'll help you pick the ones that go up more when the sector goes up, and down less when the sector goes down. That, over time and investments, really adds up. Just remember that a good company and a good stock investment are not the same thing. A great company can have a sky-high valuation -- and if you buy it at that price, you can sit there and watch your investment sink even as the company is growing and doing great things. Have patience, know which companies are good and which are bad, and wait for the price to come to you.  One final note: it also depends on what spot you are in. If you're a young guy looking looking to invest his first few thousand in the market, then go for it. On the other hand, if you're older, and we're talking about a couple hundred grand you've got saved up, then it's a whole different ball of wax. It that spot, you're back to managing risk, and need to build a solid portfolio, at a measured pace.\""}
{"_id": "240628", "title": "", "text": "Reddit doesn't have a ton of resources to offer you as you learn about where to invest, you want to start reading up on actual investing sites.  You might start with Motley Fool, StockTwits, Seeking Alpha, Marketwatch, etc.     I agree with hipster's take, if all countries are going to keep printing money and expanding their debts and craziness, gold has a bright future.    Land, petroleum, commodities, and precious metals have an intrinsic worth that will still be there regardless of what currencies are doing,  versus bonds which are merely promises to pay, which will be paid off in devalued money, or stocks which are just promises of future earnings.     Think about spreading your risk in a few different places, one chunk here, one chunk there.   Some people in the US now are big on dividend paying stocks in lieu of bonds which only pay a percent, which is negative return after inflation.    Some people buy 'royalty trust' units, which throw off income from oil leases as dividends.   You might want to park a portion in a different currency, but dollar funds aren't going to pay interest and Switzerland plans to keep devaluing its currency as people keep bidding the price up.   I don't know if you are allowed to buy CEF, a bullion-backed fund out of Canada in your country, but that's one way to own gold &amp; silver.  But with the instability out there, you might prefer a bit of the real thing stashed in a safe place.  Or if you have a bit of family land, maybe just be sure you can pay the taxes to keep it; or pursue any other way to own 'real stuff' that will still be worth something after all hell breaks loose."}
{"_id": "240640", "title": "", "text": "\"Lindsell Train Investment Trust could be different than the \"\"Lindsell Train Limited\"\", the company that runs the fund and thus you are mixing apples and oranges here since the bank isn't a listed stock.\""}
{"_id": "240643", "title": "", "text": "\"Legally: gods know. I would strongly recommend asking the Law asre of Stack Exchange to advise on that. Practically: What's the worst that happens? They audit, you say \"\"Yeah, I could probably have claimed these deductions but I didn't want to; is that a problem?\"\", they decide and either nothing happens or they issue you the unwanted refunnd. They aren't going to fine you for overpaying. Unless this would expose something criminal -- or you're a public figure and it would be embarassing -- this strikes me as falling firmly within the bounds of \"\"no harm, no foul\"\".\""}
{"_id": "240645", "title": "", "text": "I think your underestimating what a 50k single influx of workers can do for an area long term.  More people to a well developed city is good for the city. Detroit for example is structured to handled 1.5 million, even though it only has 750k now. 50k employees means 400k new local jobs supporting those main ones. 400k new people would finally allow the city to once again be a proper city and metro area. Aka wealth concentration in the city, less concentration on the exterior. In the detroit metro area it gets wealthier as you go further from the city.   I dont see how this is in line with Brazil's corrupt class structure at all. Some of these cities need a golden ticket to fix the suburban flight that happened post ww2 and especially after the interstate system."}
{"_id": "240651", "title": "", "text": "First of all an IRA is a type of account that says nothing about how your money is invested. It seems like you are trying to compare an IRA with a market ETF  (like Vanguard Total Market Admiral VTSAX), but the reality is that you can have both. Depending on your IRA some of the investment options may be limited, but you will probably be able to find some version of a passive fund following an index you are interested in. The IRA account is tax advantaged, but you may invest the money in your IRA in an ETF.  As for how often a non-IRA account is taxed and how much, that depends on how often you sell. If you park your money in an ETF and do not sell, the IRS will not claim any taxes from it. The taxable event happens when you sell. But if you gain $1000 in a year and a day and you decide to sell, you will owe $150 (assuming 15% capital gains tax), bringing your earnings down to $850. If your investments go poorly and you lose money, there will be no capital gains tax to pay."}
{"_id": "240672", "title": "", "text": "Our current plan is to gut everyone's jobs in exchange for spreading copyright and patent protections to every third world country we can, thus collapsing our own prosperity at the same time we collapse theirs.  This is all based on the false hope that giving profits to companies will make all these bad choices good for the US economy somehow.    We have a plan, it's just stupid."}
{"_id": "240685", "title": "", "text": "\"Okay, definitive answer for this particular company (Toyota Finance) is (somewhat surprisingly, and glad I asked) it must be fully insured at all times, including liability, even if being stored.  I asked at a dealership and they answered \"\"just fire and theft (of course)\"\" but I ended up calling their finance department and the answer was the opposite. So there you go. Thanks for the answers (and for trying to talk me out of wasting money).\""}
{"_id": "240730", "title": "", "text": "First of all, Mezz lending is, in my opinion, the riskiest piece of the capital stack. It has all the drawbacks of debt with none of the benefits of equity. You can be rest assured, when shit goes south, the market goes  through the mezz about as fast as you can blink. They are the most marginal piece of the capital stack and only seem to appear in red hot markets (which, is to say, late stage markets).  Also, this article defines terms and talks about economic macro metrics like that somehow informs the reader that the Chinese Real estate market is a good investment. Yes, GDP growth informs rent growth and overall demand but that like saying GDP growth increases corporate earning. No duh. That doesn't tell me if the the cap rate already prices in that growth or what if the pipeline of development is overbuilt.   Not to mention, investing in another market, in the most speculative risk curve of an alternative asset with no liquidity or legal recourse. Yeah, no.   edit: and current exchange risk."}
{"_id": "240740", "title": "", "text": "Will every single person of the generation work minimum wage jobs?  Not literally.  [The Low-Wage Recovery and Growing Inequality](http://www.nelp.org/page/-/Job_Creation/LowWageRecovery2012.pdf?nocdn=1)  This is from 2012 but the trend is still going strong.  Pretty soon, the most attainable jobs for many people are going to be retail, low wage jobs.  Not because they lack the skills to do anything but because that's all that's really being offered."}
{"_id": "240744", "title": "", "text": "First you will need a plan stating three main points: You will have to decide what criteria you will use to answer these points. You might use Fundamental Analysis to find what to buy and Technical Analysis to decide when to buy and when to sell (your buy and sell triggers). Once you have a Trading Plan in place you would need to find a broker with conditional orders. You can place conditional buy orders to get in a trade (for example if the price moves above or below a target price). You can place conditional stop loss orders if your trade goes against you, and you can also place conditional profit target stops to automatically get out if rises to your desired profit target. You can place one, two or many conditional orders after hours which will enable you to trade without being in front of your screen all day long."}
{"_id": "240747", "title": "", "text": "Mervis Diamond is a onestop destination for buying diamonds and diamond ornaments. They specializes in diamond engagement rings and wedding bands, diamond studs, and much more. With their roots at diamond mines in South Africa, they maintain strong relationships and import all their own diamonds. Mervis has a reputation you can trust. For any budget, they will get you the biggest and most brilliant diamond possible, and save you some dollars in the process."}
{"_id": "240781", "title": "", "text": "\"Removal of Net Neutrality is a vote for **double billing consumers!**  Many consumers already overpay for their internet service (physical and wireless), and most people don't realize that websites also pay for internet access. That second fee is built into the site's business model (e.g., ad-supported, subscription, etc.)  Sites could more effectively fight for Net Neutrality with a financial campaign like this...  Subscription services could highlight the \"\"hidden\"\" cost of website internet access as a line item on their invoices.  For example:  * Netflix  $5.50 * Verizon Access Fee  $3.50 * Total Price $8.00  or  * Netflix  $5.75 * AT&amp;T Access Fee  $4.25 * Total Price $10.00  Of course, removing Net Neutrality means that Netflix would need to jack up it's prices for customers depending on who their ISP is (to meet whatever crazy quality of service fees the ISPs want to tack on)  - and that seriously messes with Netflix's business. However, by using invoice line items, consumers, and their politicians would quickly realize that ISPs are double dipping. Maybe Netflix could simply threaten this reality?  The more interesting problem is ad supported businesses like Google and Facebook. Any removal of Net Neutrality will lead to higher fees paid by advertisers, and most likely further annoyances to consumers with yet **more fucking ads** that try to pay for this insanity. Advertisers themselves are disgruntled with digital advertising, and it would be interesting if they too realized that ISPs were ultimately screwing them with quality of service fees. Can you imagine - some advertisers will pay more for that quality of service to force yet more ads on you!  But the really scary part isn't Net Neutrality - it's the data rape that ISPs engage in to get those sweet sweet ad dollars. [Back in March, that debate came and went with a fizzle](http://money.cnn.com/2017/03/28/technology/house-internet-privacy-repeal/index.html). Probably because Google and Facebook also need to data rape people to support their business models.\""}
{"_id": "240796", "title": "", "text": "You should consult a US CPA to ensure your situation is handled correctly.  It appears, the money is Israel source income and not US source income regardless if you receive it while living in the U.S. If you file the correct form, I suspect the form is 1040NR and your state form to disclose your income, if any, in 2015 and 2016, it should not be a problem. Having said that, if you do earn any type of income while in the U.S. , you are required to disclose it to both the IRS and state."}
{"_id": "240802", "title": "", "text": "This isn't a joke. Tons of people in sales and trading used it.  Fuck Bloomberg chat. The joke for bchat was the bell.   This is how Goldman got in trouble for calling people muppets. I nearly shit myself when that came out because I knew compliance would be looking through chats for the word and my group of friends called each muppets all the time.  Weird convos with compliance happened shortly after when you had to have your buddy write an email to compliance saying it wasn't insulting to them."}
{"_id": "240809", "title": "", "text": "I didn't say you can't do whatever you want, I say it's a waste to society.   You and your friends spend your entire lives trying to beat each other at an imaginary game and you take home billions of dollars.  That money comes from somewhere - namely all the other people who didn't make quite as much on each trade.    How do you not see this?"}
{"_id": "240818", "title": "", "text": "There's something very important no one else has mentioned... times when the stock market falls dramatically are often the times when you're most likely to lose your job, and when it's hardest to get loans.  So if you ever do need your emergency fund, it will more than likely be related to a dip in the stock market."}
{"_id": "240836", "title": "", "text": "Pointing out that you do not understand the difference between Apples and oranges isn't moving goal posts; sorry that you struggle to prove your poorly, hastily made point before providing facts.  Every single city that has laws on the books, but yet AirBnB still allows listings, is loaded with listings.  Argue that moron."}
{"_id": "240843", "title": "", "text": "The reason to have disability insurance is to replace your income if you become disabled and are no longer able to work.  For this purpose, it is kind of similar to life insurance where you want to replace your income to take care of people that depend on your income if you die, but now you are included in the people that depend on your income.   If your employer doesn't provide any disability insurance then it would be wise to look for some Long Term disability insurance.  Short Term disability is more expensive than long term and it is USUALLY better and cheaper to have a good emergency fund to provide for a short term disability such as being sick for a month and not able to work than to buy short-term.  As a web developer - you should be able to get long term disability insurance at a reasonable cost, unless you have some dangerous hobbies like forest fire fighting or shark juggling."}
{"_id": "240844", "title": "", "text": "There has been a lot of research on the effects of stock splits. Some studies have concluded that: However note that (i) these are averages over large samples and does not say it will work on every split and (ii) most of the research is a bit dated and more recent papers have often struggled to find any significant performance impact after 1990, possibly because the effect has been well documented and the arbitrage no longer exists. This document summarises the existing research on the subject although it seems to miss some of the more recent papers. More practically, if you pay a commission per share, you will pay more commissions after the split than before. Bottom line: don't overthink it and focus on other criteria to decide when/whether to invest."}
{"_id": "240848", "title": "", "text": "\"Why will they find financing when they leave the Euro? Why would their currencies not simply hyperinflate due to excessive issuance in an attempt to devalue? Which is worse for unemployment, austerity or hyperinflation?  &gt;they'd be expelled by Germany  This is a union correct? Why do you assume Germany holds all the cards? I've read that Gonzalo Lira essay and have read Mish about everyday since 2009, yet still do not think it is so obvious that the Euro will collapse.  I gained quite a bit of skepticism from Barry Eichengreen's paper on the [Breakup of the Euro Area.](http://www.nber.org/papers/c11654.pdf?new_window=1)  What I see right now is that so far the ECB has only acted in such a way as to prevent outright deflation and meet its 2% inflation target, but not to continuously outright fund the profligate governments. They let the bond markets force those governments into contraction or into default whereas the fed, with its dual mandate, will always buy the US bonds and eventually will inflate the currency as opposed to having a sovereign default.  So I think we will see the ECB continue to print as much is needed to meet its mandate but at the same time there will be defaults, bank nationalizations and failures, and a continued lack of growth in the Euro area until eventually the austerity measures bring revenue and spending in line at which point the countries under heavy debt would be stupid not to default because they can self finance.  Whereas in the US we are so dependent on deficit financing that as foreigners move further away from holding treasuries we become more susceptible to bond vigilantes taking the reigns which will force the feds hand into outright monetization. Then I think we will see our own government exacerbate inflation by bidding on the same goods that those dollars which no longer are going into treasuries are bidding on. Then I think we'll finally see bad inflation in the US.  Of course as long as there is hoards of money fleeing Europe for the US \"\"safe haven,\"\" the lack of foreign treasury investment is pretty moot.   *spelling\""}
{"_id": "240865", "title": "", "text": "\"&gt;A lot of countries with harsher rules and higher taxes have lots of big companies that makes massive profits.   Often with price protection mandates. Did you know in Germany the same Jeans they sell in Wal-mart for $18/pair sell for $80-100/pair? Do you know why? The government set's MSRP price controls and no one can sell below that amount. The same is true for all sorts of products.  Do we really want to go down that path?   &gt;I have no sympathy for this man. Compete or die.  That's a bit unfair when you don't know the intimate details of the accounting/liabilities any changes would cost. But surely we could use a few hundred more \"\"for lease\"\" warehouse space and a few thousand more empty storefronts, right?  &gt;Obama wont change much that he already hasn't.   How much do you think it costs employers to keep 26 year old adult children on their parents healthcare + them living at home? That's ONE example. Obama is also looking at mandating higher employer medical insurance costs in general (employers having to pay a higher percentage of the costs). If somebody can avoid that by cutting payrolls or becoming \"\"more efficent\"\" with the number of employees they will do it. This is true for ANY company.  &gt;This is just a guy that in the past has bragged about his ability to affect the florida vote trying to affect it again.  And? People brag all the time, about all sorts of things. Personally I think this is less \"\"slimey\"\" than Obama gloating about killing Osama Bin laden as if death is cheap because an individual is an outsider or another religion.  &gt;Slimy bastard.  Again, you don't know all the details or the guy personally. But it's nice to know you're reserved and mature about somebody you don't even know.   From your name should I assume you like Croc shoes? Which are lame and thus making you a loser? Superficial assumptions and judgements help nobody and in many cases are not even true.\""}
{"_id": "240880", "title": "", "text": "They get insurance when they believe that the cost of replacing the boat does impact their lives.  We are also assuming that liability insurance is something you will purchase, since if your boat breaks loose and smashes into a $1,000,000 boat that is cash you probably don't have. It will also cover you if somebody falls on the boat. In your comment you mention that the cost will be $2,000 for 4 years. The issue is are you willing to save $2,000 by foregoing insurance but risk the $10,000 boat."}
{"_id": "240885", "title": "", "text": "Well guys and gals  Melania is getting fucked and it ain't by Trump and I need you to know  That I am the one who  Told you so!!!  Could be the hot security guy . .could be the secretary of state . .could be Putin . .but you can rest assured . . . .that pootie getting tanged and it ain't by the orange toad.  Why? you ask!!!  1. Rebel dressing . .she is telling the Toad . .she don't give a fuck, because she can embarrass him . . . .so shut the fuck up and take it.  2. You see the death grip on her hand . .he wants to hurt her and is warning her by crushing her hand  . . to behave . .see her other hand . .its relaxed as if caressing a  .penis . . .and it aint his . .she is in control and she knows she can make a complete ass of him in front of the world.   What has pussy got to do with the economy . . .?  Ha ha ha . .you aint made money yet  . . . .huh?"}
{"_id": "240894", "title": "", "text": "\"Gold may have some \"\"intrinsic value\"\" but it cannot be accurately determined by investors by any known valuation techniques. In fact, if you were to apply the dividend discount model of John Burr Williams - a variation of which is the basis of Discounted Cash Flow (DCF) analysis and the basis of most valuation techniques - gold would have zero intrinsic value because it produces no cash flow. Legendary focus investor Warren Buffett argues that investing in gold is pure speculation because of the reason mentioned above. As others have mentioned, gold prices are affected by supply and demand, but the bigger influence on the price of gold is how the economy is. Gold is seen as a store of value because, according to some, it does not \"\"lose value\"\" unlike paper currency during inflation. In inflationary times, demand increases so gold prices do go up, which is why gold behaves similar to a commodity but has far less uses.  It is difficult to argue whether or not gold gains or loses value because we can't determine the intrinsic value of gold, and anyone who attempts to justify any given price is pulling blinders over your eyes. It is indisputable that, over history, gold represents wealth and that in the past century and the last decade, gold prices rise in inflationary conditions as people dump dollars for gold, and it has fallen when the purchasing power of currency increases. Many investors have talked about a \"\"gold bubble\"\" by arguing that gold prices are inflated because of inflation and the Fed's money policy and that once interest rates rise, the money supply will contract and gold will fall, but again, nobody can say with any reasonable accuracy what the fair value of gold at any given point is.  This article on seeking alpha: http://seekingalpha.com/article/112794-the-intrinsic-value-of-gold gives a quick overview, but it is also vague because gold can't be accurately priced.  I wouldn't say that gold has zero intrinsic value because gold is not a business so traditional models are inappropriate, but I would say that gold *certainly * doesn't have a value of $1,500 and it's propped so high only because of investor expectation.  In conclusion, I do not believe you can accurately state whether gold is undervalued or overvalued - you must make judgments based on what you think about the future of the market and of monetary policy, but there are too many variables to be accurate consistently.\""}
{"_id": "240931", "title": "", "text": "Students at college employed by the college are exempt from the FICA taxes (Social Security and Medicare).  You are not exempt from federal and state income taxes, but if you are a part time employee making a small amount of money, you probably aren't projected to be paid enough between now and the end of the year to trigger the withholding.  If you are concerned that your tax burden for the year will require you to send in money at tax time next year, you can estimate what your taxes will be, and if you determine that you will owe too much, you can fill out a new W-4 form with your HR department and request that additional tax be withheld."}
{"_id": "240937", "title": "", "text": "Iceland had slaves during their 'libertarian' period, so I don't particularly care to look to them as a cultural example. Don't know much about the libertarian societies in Ireland. I also don't romanticize Native American societies, either, which, on their smaller scale, had their own problems and violence. Also, I qualified examples with my last sentence, saying we haven't seen it work on a large scale yet, which, with a population in the billions, is the order of the day for now.  &gt;All this to say: Somolia isn't a valid argument against libertarianism. :)  True enough. I just like to poke the sleeping bear sometimes, because honestly, I don't much respect anarcho capitalists, much in the same way I don't respect hardcore communists: it sounds great in theory, in reality it doesn't seem to work well when the rubber meets the road."}
{"_id": "240955", "title": "", "text": "Yes of course. I'll come to your house tomorrow with 8 armed friends and then we'll decide wether or not we will redistribute your wealth among us. Don't worry, you will get a vote as well so it will be democratically justified. Sounds good?  The social contract you're referring to only applies for services that protect you from violent interference by other individuals (e.g. Police, courts, military) and only as long as everyone contributes an equal share and gets an equal withdrawal. Redistribution of wealth IS violent interference by other individuals. The state is made a tool of the violent mob. If you're going to use the social contract in order to justify redistribution of wealth, make sure you attach a generator to Jean-Jaques Rousseau's corpse first. I'm certain he will spin in his grave."}
{"_id": "240972", "title": "", "text": "It matters to taxpayers and this country because the Federal Reserve's obligations are guaranteed by them.  Taxpayers don't support fully covering Wall Street's bad bets from the Financial Crisis, which is precisely what QE and current monetary policy are aimed at doing."}
{"_id": "240975", "title": "", "text": "First, you should diversify your portfolio.  If your entire portfolio is in the Roth IRA, then you should eventually diversify that.  However, if you have an IRA and a 401k, then it's perfectly fine for the IRA to be in a single fund.  For example, I used my IRA to buy a riskier REIT that my 401k doesn't support.   Second, if you only have a small amount currently invested, e.g. $5500, it may make sense to put everything in a single fund until you have enough to get past the low balance fees.  It's not uncommon for funds to charge lower fees to someone who has $8000, $10,000, or $12,000 invested.  Note that if you deposit $10,000 and the fund loses money, they'll usually charge you the rate for less than $10,000.  So try to exceed the minimum with a decent cushion.   A balanced fund may make sense as a first fund.  That way they handle the diversification for you.  A targeted fund is a special kind of balanced fund that changes the balance over time.  Some have reported that targeted funds charge higher fees.  Commissions on those higher fees may explain why your bank wants you to buy.   I personally don't like the asset mixes that I've seen from targeted funds.  They often change the stock/bond ratio, which is not really correct.  The stock/bond ratio should stay the same.  It's the securities (stocks and bonds) to monetary equivalents that should change, and that only starting five to ten years before retirement.  Prior to that the only reason to put money into monetary equivalents is to provide time to pick the right securities fund.  Retirees should maintain about a five year cushion in monetary equivalents so as not to be forced to sell into a bad market.   Long term, I'd prefer low-load index funds.  A bond fund and two or three stock funds.  You might want to build your balance first though.  It doesn't really make sense to have a separate fund until you have enough money to get the best fees.  70-75% stocks and 25-30% bonds (should add to 100%, e.g. 73% and 27%).  Balance annually when you make your new deposit."}
{"_id": "240996", "title": "", "text": "If you want to use that money and maybe don't have the time to wait a few years if things should go bad, than you will definitely want to hold a good bunch of your money in the currency you buy most stuff with (so in most cases the currency of the country you live in) even if it is more volatile."}
{"_id": "240997", "title": "", "text": "There are several insurance products that I buy for legal reasons: Both of these protect me from lawsuits and fines. Many people buy similar products to protect their business operations. (e.g. medical malpractice insurance) There are some insurance products I buy for tax planning and financial planning purposes: I have a large amount of savings available, so I have several tricks to reduce my insurance costs, and I have several products that I avoid. Several of these reasons are mentioned in other answers, but I thought I would collect them into a single answer to demonstrate that there are reasons other than the rational calculation of what the payout will be for the insurance products vs. the premium paid. If I gain access to a tax advantaged Health savings account, that is a bigger benefit to me than avoiding the premium, especially when my employer is paying the majority of the premium. Perhaps it makes no sense to buy insurance given sufficient savings (like the products I listed that make no sense for me given my finances) but not everyone can self-insure; it does require a certain level of wealth."}
{"_id": "241000", "title": "", "text": "The measure of change of value of a currency in relation to itself is inflation (or deflation)."}
{"_id": "241022", "title": "", "text": "&gt;In this trial, U.S. District Judge Lawrence K. Karlton, over the government\u2019s strenuous objection, allowed testimony meant to show that the lenders in the two transactions at issue \u2013 Aegis Wholesale Corp. and Greenpoint Mortgage Funding \u2013 didn\u2019t care whether information on the applications was true or false.  &gt;Under those circumstances, the defense argued, the information was not material because, either way, the loan would have been approved.  [...]  &gt;William Black, who boasts long academic and regulatory careers, was a key expert witness for the defense, again over Coppola\u2019s objection. Black is an associate professor of economics and law at the University of Missouri, Kansas City, and the \u201cdistinguished scholar in residence for financial regulation\u201d at the University of Minnesota\u2019s School of Law.  &gt;His testimony purportedly connected the fraud in the Sacramento case directly to the lenders, and he explained to the jury why the false information on the applications had no bearing on lending decisions.  &gt;\u201cThis is the first time that the overwhelming fraud at the banks has been discussed in a criminal courtroom by the person with the greatest expertise on the issue, William Black,\u201d said defense lawyer Toni White after the verdict.  &gt;\u201cProsecutors have refused to criminally prosecute the elite bankers responsible for the mortgage crisis that decimated our economy. The jurors heard shocking testimony from \u2018control fraud\u2019 expert William Black that regular people who got loans they were unable to pay back did not (defraud) the banks. The elite bankers commit the fraud while prosecutors look the other way and prosecute the wrong people.\u201d"}
{"_id": "241030", "title": "", "text": "If the $5000 is income, then you need to pay income taxes on it.  That's simply the way it works.  Hourly rate has nothing to do with whether or not you pay taxes. If it helps, try to think of the $5000 as the first $5000 you make for the year.  Now it's covered by your standard deduction and you're not paying taxes on it."}
{"_id": "241035", "title": "", "text": "They've already taken your money, and your purchasing power.  The Fed's balance sheets is filled with $4 trillion worth of toxic mortgage derivatives and US treasuries that were purchased at all time highs.  Move your money to a credit union."}
{"_id": "241046", "title": "", "text": "&gt;But productivity should increase likewise driving prices down by the same amount  It does as long as labor shifts from fields that are now in less demand (say, assembly line manufacturing) to fields that are now in more demand (say, creating machines to operate said assembly lines).  If labor doesn't do that, though...well, wages of people who want to make things on assembly lines fall, as the market steadily increases incentives to shift and disincentives to stay."}
{"_id": "241048", "title": "", "text": "Taxability depends on your tax residency status. Assuming you are non-resident Indian for tax purposes, then your income is non taxable in India.  If you keep the money in Saudi or transfer to India it would be same and non taxable"}
{"_id": "241054", "title": "", "text": "\"Right. There are laws about this stuff though. It's been hard for advertisers to ensure that their paid placements are properly identified. I can tell you as a marketer that has worked with influencers, I want them to do it the right/legal way. \"\"Subtlety\"\" might sound nice, but if it means fines from the FTC, I'd prefer a clear label. I also love that it gives me visibility to the stats for the post without relying on the influencer to report (who could inflate their numbers to me to get future business)\""}
{"_id": "241059", "title": "", "text": "\"NASDAQ has Pre and After market : NASDAQ Trading Schedule Regular Trading Session Schedule The NASDAQ   Stock Market Trading Sessions (Eastern Time) Pre-Market Trading Hours from 4:00 a.m. to 9:30 a.m.   Market Hours from 9:30 a.m. to 4:00 p.m.   After-Market Hours from 4:00 p.m. to 8:00 p.m.   Quote and order-entry from 4:00 a.m. to 8:00 p.m.   Quotes are open and firm from 4:00 a.m. to 8:00 p.m. You can trade in Pre/After Market but liquidity is very low. If an \"\"unexpected world events\"\" occurs, the volume/liquidity will most certainly increase. Another example is the Forex Market that's open 24/7 around the world. As one major forex market closes, another one opens. According to GMT,   for instance, forex trading hours move around the world like this:   available in New York between 01:00 pm \u2013 10:00 pm GMT; at 10:00 pm GMT   Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am   GMT; and to complete the loop, London opens at 8:00 am and closes at   05:00 pm GMT. This enables traders and brokers worldwide, together   with the participation of the central banks from all continents, to   trade online 24 hours a day. src\""}
{"_id": "241063", "title": "", "text": "They still won't reflect reality. Might be marginally better, but people inherently use optimistic assumptions when evaluating acquisitions. The cost savings numbers are always overstated. Synergies tend to be bullshit. Revenue growth always slows. Margins are optimistic.   The fact is the person getting fucked in this - the shareholder - doesn't really have a seat at the table. And all the true decision makers want the deal. The CEO wants the deal. The bankers want the deal. The Corp Dev team wants the deal as well - they need to justify their existence, and if they always say no they will be painted as overly negative by a deal horny CEO. And in the end the Board almost always listens to the CEO"}
{"_id": "241070", "title": "", "text": "I'll add a little to the already great advice here. It certainly sounds like you are in need of consolidation here. Having 11 different cards vying for your attention sounds like a nightmare to manage. I also concur that it is a bad idea to cash out your retirement accounts to deal with this. I know it's frustrating to have the debt hanging over your head (I have student loans I'm personally working on) but getting a loan to consolidate that level of noise sounds like a much smarter move that can help greatly if you have high interest cards (most likely the case here). Since you mentioned that you are not interested in selling the house, have you considered a home equity loan to consolidate this? Best of luck to you."}
{"_id": "241073", "title": "", "text": "I think there are a few facets to this, namely: Overall, I wouldn't concentrate on paying off the house if I didn't have any other money parked and invested, but I'd still try to get rid of the mortgage ASAP as it'll give you more money that you can invest, too. At the end of the day, if you save out paying $20k in interest, that's almost $20k you can invest. Yes, I realise there's a time component to this as well and you might well get a better return overall if you invested the $20k now that in 5 years' time. But I'd still rather pay off the house."}
{"_id": "241085", "title": "", "text": "You are going to have to talk to your benefits office to understand all the deadlines and rules for their program. While the IRS does enforce the law, there are enough local variations in the rules to make it quite complex.   The first thing you  need to know is the source of the funds: the employer or the employee. Then you need to know the deadline for applying for the program, how you specify the monthly expenses in advance, and when the funds expire.  The way you pay for commuting and parking makes a difference: per-ride on the subway, van pool, monthly transit pass; daily parking at a lot, monthly hang tag,  or at meter; These options determine how to expend the funds and how they give you the funds. You can't get money for missed months. So you need to know what you have to do in October to get money for November."}
{"_id": "241099", "title": "", "text": "If there are no dependents, there is no need for life insurance.  You mention getting insurance when it is not needed, to protect you against some future risk. If you have a policy and a disease crops up that would normally make you un-insurable, you can keep your insurance for the rest of the term. The cost for this would be very high. You would have to have a term that would last decades to cover you until some future child is out of college. If you never have somebody that depends on you for income, there never is a need for life insurance."}
{"_id": "241101", "title": "", "text": "\"A good measurement would be to compare to index's. Basically a good way to measure your self would be to ask \"\"If I put my money somewhere else how much better or worse would I have done?\"\" Mutual funds and Hedge funds use the SP500 as a bench mark. Some funds actually wave their fee if they do not outperform the SP or only take a fee on the portion that has outperformed the SP500. in today's economy i dont know how to expect such a return The economy is not a good benchmark on what to expect from the stock market. For example in 2009 by certain standards the economy was worse then today but in 2009 the market rallied a great deal so your returns should have reflected that. You can use the SP500 as a quick reference to compare your returns (this is also considered the \"\"standard\"\" for a quick comparison). The way you compare your performance is also dependent on how you invest your money. If you are outperforming the SP500 you are doing well. Many mutual funds DO NOT outperform the SP500. Edit Additional Info: Here is an article with more comprehensive information on how to gauge your performance. In the article is a link to a free tool from morning star. Use the Right Benchmark to Accurately Measure Investment Performance\""}
{"_id": "241129", "title": "", "text": "\"&gt;The Brokaw Act is named after the central Wisconsin Village of Brokaw, which effectively went bankrupt after Starboard Value, a New York hedge fund, acquired the Wausau Paper company. The action preceded the closure of the company\u2019s Brokaw mill in 2012, which left about 450 people unemployed. &gt; &gt; &gt;\"\"Everyone lost their jobs,\"\" Baldwin, D-Wisconsin, said. \"\"The community of Brokaw became insolvent in large part because of upgrades to its infrastructure for the paper mill, and when it closed, they were left with the debt, and no major employer still left in town.\"\" &gt; &gt; &gt;The Brokaw Act would give companies more time to react when hedge funds try to take them over. &gt; &gt; &gt;The regulations would shorten the 10-day disclosure window for takeover attempts to four days. They would protect businesses from what Baldwin calls \"\"hedge fund wolf packs,\"\" by identifying funds that are working together to acquire a company. They would require derivative disclosure to prevent investors from **profiting by secretly voting against the company's interests.**  holy crap.  this is disturbing.  how common is this kind of hedge fund behavior?\""}
{"_id": "241135", "title": "", "text": "Yes, you often can buy stocks directly from the company at little or no transaction cost.  Many companies have either a Dividend Reinvestment Plan (DRIP) or a Direct Stock Plan (DSP).  With these plans, you purchase shares directly from the company (although, often there is a third party transfer agent that handles the transaction), and the stock is issued in your name.  This differs from purchasing stock from a broker, where the stock normally remains in the name of the broker. Generally, in order to begin participating in a DRIP, you need to already be a registered stockholder.  This means that you need to purchase your first share of stock outside of the DRIP, and get it in your name.  After that, you can register with the DRIP and purchase additional shares directly from the company.  If the company has a DSP, you can begin purchasing shares directly without first being a stockholder. With the advent of discount brokers, DRIPs do not save as much money for regular investors as they once did.  However, they can still sometimes save money for someone who wants to purchase shares on a regular basis over even a discount broker. If you are interested in DRIPs and DSPs and want to learn more, there is an informative website at dripinvesting.org that has lots of information on which DRIPs are available and how to get started."}
{"_id": "241136", "title": "", "text": "To answer some parts of the question which are answerable as-is: Yes, mortgage interest is deductible. So is depreciation. See this question and others. It would be a good idea to put some money away for tax season, just as you should save some money to cover unexpected property expenses. But as @JoeTaxpayer says, this is a good problem to have, assuming you own the property, it's low-maintenance, your tenant is good, and your rent is at market levels."}
{"_id": "241139", "title": "", "text": "Being a trades and manufacturing based economy didn't hurt us too badly on the innovation department for the last 100 years or so. We vastly generalize the value of a college education in this country, and people end up going for the sake of going because that's what they were told to do. If we moved away from that, we wouldn't lose any innovation really because the people who are going to innovate while tapping into a foundation of higher education are going to go that route anyway. We just wouldn't have a large portion of the population playing beer pong for 4 years at Western State A&amp;M when they could be more productive elsewhere."}
{"_id": "241140", "title": "", "text": "\"How does adding a revenue stream from the most profitable and widely penetrated products in existence read to you as \"\"shooting blind\"\"?  Do you have any idea what interest rates on a card like this are?  If you've ever worked retail, you know that credit card sign ups are a key metric nearly every employee is judged by\""}
{"_id": "241147", "title": "", "text": "As we know location and connectivity plays a very important role in deciding the place you want to work from. Demand of ready to move office spaces in Noida is increasing day by day. The Metro rail extension or emergence in Noida has a huge impact on increasing the demand of ready to move office space in Noida."}
{"_id": "241150", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://fortune.com/2017/08/01/bitcoins-new-currency-trades-above-200-on-first-day/) reduced by 76%. (I'm a bot) ***** &gt; This means many bitcoin owners using Coinbase, all of are entitled to receive Bitcoin Cash at a one-to-one ratio, are seeing their new &amp;quot;Cash&amp;quot; sit in a sort of limbo.  &gt; A source close to Coinbase, who asked to speak anonymously, also told Fortune that a new currency like Bitcoin Cash is akin to a new product, and it can be time-consuming and expensive to create secure infrastructure to trade it.  &gt; The Bitcoin Cash fork came about after a group of miners, who are responsible for recording bitcoin transaction records, decided to implement a new version of the software that governs the bitcoin blockchain.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6r602t/bitcoins_new_currency_trades_above_200_on_first/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~181542 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bitcoin**^#1 **Cash**^#2 **new**^#3 **currency**^#4 **Coinbase**^#5\""}
{"_id": "241158", "title": "", "text": "\"You'd be mistaken to this there is any morality involved in (most) corporations - neither positive nor negative; running a business is amoral. Some business missions have a moral intent - such as pharmaceuticals, health organization, etc. - but all have an amoral underbelly.  It's fairly simplistic - the purpose of a business is to produce a profit. At some point, all successful, well functioning businesses will work down their list of ways to produce a profit - after they've established market share, a lasting brand, customer loyalty, finances well in the black - and eventually look towards capital preservation. In most bodies with a large monetary wealth, capital preservation becomes a key focus (in other words, once you master the art of making money, you then need to master the art of keeping it).  Thus the ability to then focus on these things. To continue to just pay taxes is like running an efficient, but leaky ship. The more you preserve, the longer you'll be around and the more power you'll yield to stick around.   This last point is also important to keep in mind - unlike you or I - a company will basically last forever (well at least until society collapses). You or I are only here until we die - and whatever wealth we have we may try to preserve for our kids or next of kin. A corporation is always here, the people in the corporation &amp; it's owners change hands, but the corporation survives. Frankly any business that isn't aiming to make a profit, is either going to fail quickly or is by definition a \"\"non-profit\"\".  Here is where I would believe the government plays a balancing role - to reign in the power of corporations (lest they rival their own). But, any good corporation will handle that problem as well (Regulatory capture, anyone?).  Also, consider that for the most wealthy among us, it's probably not about the money anymore. It's now probably about the game. This is certainly where the psychopaths get that manic edge on the rest of us.\""}
{"_id": "241161", "title": "", "text": "A Roth IRA is intended for retirement. Before age 59.5 (I think), you can only withdraw the amount you deposited without penalty. It's great you're saving in a Roth, but you shouldn't put savings in there that you will need before you reach sufficient age. And since it's long-term, you can invest in things you expect to grow over the long term, like equities. You should keep emergency funds either in federally insured, extremely liquid accounts (bank savings) or money market funds (which aren't insured, but are close enough to zero-risk). Yes, the interest rates are terrible right now. But anything else would potentially leave you with insufficient funds in the event of, you know, an emergency."}
{"_id": "241171", "title": "", "text": "\"&gt; would rather get a Five Guys burger \"\"than eat something gross\"\"  TBell gets a bad wrap for being garbage or terrible, but it's good and even better for someone on a budget. Granted it also depends on your location/store you go to, cause the people working there can make decent food terrible just from presentation and what not.   I love TBell, it'll continue to be a regular place to visit when I'm starving at 1am, especially over MickyD's.\""}
{"_id": "241175", "title": "", "text": "Can a company not bargain with a dying company for example and buy a   falling stock at lower than market value? Of course. If the shareholders agree to it. But why would they, if the market value is higher, agree to sell to someone who offers less? If there's a compelling reason - it can happen. It might happen during a hostile takeover, for example. In the case of buying the company for more than market value, are the   stocks bought for significantly more, or slightly more than the   current market value? Again, depends on how valuable the shareholders think the company is. If the shareholders think that the company has a potential which has not yet affected the stock price, they'll want a higher premium (and they'd think that, otherwise why would they hold the stock?). How much higher? Depends on the bargaining abilities of the sides."}
{"_id": "241181", "title": "", "text": "Besides all of the other answers, I will point out that many people simply don't have enough cash sitting around to buy a home outright.  It would take many years (or even decades) for the average family to accumulate the necessary cash. Also, while you are pinching your pennies for years in an attempt to save up for your dream house, remember that inflation is steadily driving up the cost of goods and services.  A house that costs $200K today could cost $230K in 5 years due to inflation."}
{"_id": "241184", "title": "", "text": "How accounting heavy was his economics degree? I majored in economics as well and my program did not require any accounting or excel work, which naturally made things very difficult when trying to cross over to finance. Its obviously possible, but if he is weak in these areas that is definitely something he should focus on. If you don't know accounting you are basically dead in the water the longer you wait."}
{"_id": "241189", "title": "", "text": "Its very silly of you to have house savings while you have these debts.  Your total (listed) debt is 1657, with a savings of 2000, and a tax refund of 985.   I'd be done with the Apple loan and CC tomorrow.  Does that accomplish the goal of making a significant difference in your debt?  Yes it does. This will leave you with 1328.  I'd keep 500 or so in an emergency fund, and put the rest to the car.  Although 828 will not help much with the car it would probably knock a month off.   Next work like crazy to pay off the car.  Get a second job or work overtime. Then save a emergency fund of 3 to 6 months of expenses as if you already owned the house.  I would tend to go on the high side as I suspect you are single. Only then does it makes sense to save for a down payment.   Although it is an American institution, the book The Millionaire Next Door might be helpful for you.  Your most powerful wealth building tool is your income.  When one handicaps that tool with payments and exorbitant lifestyle choices you greatly reduce your ability to become wealthy. These amounts are so small, you should just knock them out."}
{"_id": "241200", "title": "", "text": "In the case of reward cards, different cards may offer different rewards for different kind of purchases. For example, in the UK, one of the Amex cards offers 1.25% cashback on all purchases, whereas one of the Santander cards offers 3% on fuel, 2% or 1% on certain other transactions, and nothing on others. Of course, you then have to remember to use the right card! Another reason is that a person may use a card for a while, build up a good credit limit, and then move to a different card (perhaps because it has better rewards, or a lower interest rate, etc) without cancelling the first. If it costs nothing to keep the first card, then it can be useful to have it as a spare."}
{"_id": "241202", "title": "", "text": "The reports of my death have been greatly exaggerated. - Twain I use index funds in my retirement planning, but don't stick to just S&P 500 index funds. Suppose I balance my money 50/50 between Small Cap and Large Cap and say I have $10,000.  I'd buy $5,000 of an S&P Index fund and $5,000 of a Russell 2000 index fund. Now, fast forward a year.  Suppose the S&P Index fund has $4900 and the Russell Index fund has $5200.   Sell $150 of Russell Index Fund and buy $150 of S&P 500 Index funds to balance.  Repeat that activity every 12-18 months.  This lets you be hands off (index fund-style) on your investment choices but still take advantage of great markets.   This way, I can still rebalance to sell high and buy low, but I'm not stressing about an individual stock or mutual fund choice. You can repeat this model with more categories, I chose two for the simplicity of explaining."}
{"_id": "241240", "title": "", "text": "I'm a huge believer in daily meditation.  Doesn't need to be long, 10 minutes a day will get you a long way with it.  This isn't a spiritual thing, it's a practical thing - there's a lot of peer reviewed research into the benefits of meditation."}
{"_id": "241242", "title": "", "text": "Ponte Vedra Real Estate offers some of the most prestigious and scenic golf course communities which include Sawgrass Country Club, Sawgrass Players Club, The Valley Course, Marsh Landing, Palencia and The Plantation Club. we were presented with a rare opportunity to affiliate with the world\u2019s most respected brand\u2014Berkshire Hathaway HomeServcies."}
{"_id": "241249", "title": "", "text": "I used to work for large retailers doing merchandising software and have some contacts within Infor, the company doing Whole Foods' new merchandising\u200b software.  According to what I was told, Whole Food's doesn't track inventory at the chain, head quarter level. Infor was at some point actually building their entire offering using Whole Foods as a base. Building transfers was to be challenging as they don't have the an actual dataset to do so. They do have some very experienced people.   I will say this information is about 1 - 1 1/2 year old.  At any rate, if indeed Whole Foods doesn't track inventory at the corporate/chain level then I can see Amazon's delivery plan taking some time until they get their supply chain under control for e-commerce."}
{"_id": "241253", "title": "", "text": "it\u2019s the mission of our highly-trained staff to assist you in making informed choices to meet your medical marijuana needs. We offer a wide range of cannabis strains and products in a clean, safe environment. To provide comfort, aid in healing and to put you on the road to wellness. We also provide strains for recreational use, as clients with and without a medical marijuana card are welcomed. BEST WEED SHOP is committed to providing our patients with the highest quality products and services available in the industry. From the moment you arrive at our facility or our website, you will feel secure and welcomed at every step or click. From our storefront, to our staff and our medicinal products, BEST WEED SHOP provides the highest safety standards in the industry. Our client service is indeed up to standards as they are available 24/7 to answer your inquires, every page and information exchanged is also guarded by firewall. Upon your visit at our shop, you will be welcomed by our knowledgeable staff and the security team will ensure your peace of mind. The entire facility is designed to provide a secure experience for our patients and our staff. Our mission is three-fold \u2013 healing, education and discovery. The BEST WEED SHOP team is trained to provide you with a seamless experience from start to finish. We have trained medical marijuana staff, on-site, ready to provide you with the safest medicinal options according to your diagnosis and symptoms. Scientific research now confirms what caregivers have known for years \u2013 often medical cannabis is an effective, safe treatment."}
{"_id": "241267", "title": "", "text": "Is your argument that a company should be responsible for paying an employee enough to support whatever lifestyle that employee chooses?  Because that's definitely what it sounds like you're arguing for.    The minimum wage should be exactly $0.  If you don't have the skills to earn enough to support yourself, then you need better skills not laws forcing someone to pay you more money."}
{"_id": "241297", "title": "", "text": "&gt;Could you have transfered millions of dollars worth of tulips around the world in minutes, securely and for pennies on the dollar?   The only reason that is more complicated with dollars has to do with our underlying financial infrastructure. It has little to do with any real technological problems.  &gt;Authorities don't get say whether Bitcoin is *allowed* to exist or not.  Why not? Criminal court cases have already found Bitcoin as something akin to a commodity. There is no reason someone in government can't regulate or outright ban it the way China did. And as the head of a major bank Dimon is in an excellent position to manipulate the value of Bitcoin and destroy it if he chose to do so.   &gt;Why would Bitcoin be better for *only* those things?  Bitcoin has not done anything other than be a commodity people purchase as an investment. It's ballooned too high on value to be useful for cash transctions for any normal person."}
{"_id": "241308", "title": "", "text": "The three places you want to focus on are the income statement, the balance sheet, and cash flow statement. The standard measure for multiple of income is the P/E or price earnings ratio  For the balance sheet, the debt to equity or debt to capital (debt+equity) ratio. For cash generation, price to cash flow, or price to free cash flow. (The lower the better, all other things being equal, for all three ratios.)"}
{"_id": "241326", "title": "", "text": "Your goal of wanting to eliminate your debts early is great. Generally, you can save more money by paying off loans with higher interest rates first. However, it sounds like you are excited about the idea of eliminating one of your car loans in two months.  There is nothing wrong with that; it is good to be excited about eliminating debt.  I like your plan. Pay off the $14.6k loan first, then apply the $635 monthly payment to the $19.4k loan.  You'll have that loan paid off almost 3 years early.  Perhaps you'll find some additional money to apply to it and get rid of it even earlier. After you've eliminated both car loans, save up that $1000/month for your next car.  That will allow you to pay cash for it, which will allow you to negotiate the best price and save interest.  0% loans are not free money. Other answers will tell you to wait as long as possible to pay off your 0% loan, but I think there can be good reasons to eliminate smaller loans first, regardless of interest."}
{"_id": "241337", "title": "", "text": "I think many of you are making unrelated comments and taking unjustified conclusions from the news, without reading the research. Many of the mentioned share provisions are not exclusive to Silicon Valley, technology firms, or the rest of Private Equity (i.e. ex-VC).  The paper says:  &gt;These generous terms are not necessarily evidence of active post-money valuation manipulation and could simply be due to a difficult fund raising environment.  And:  &gt;Importantly, our discussion does not imply that these terms were given for the purpose of manipulating SpaceX\u2019s value.  That is not to say that I am not skeptical of many of the business models and valuations of the companies in the sample, but that is off the research topic.   What the authors suggests is that valuation is often miscalculated by many people in the industry, and provides some relevant cases: from mutual funds who market those shares at the value of the most recent funding round, regardless of share provisions; to employees that wrongly perceive their wealth.  I have some trouble accepting Brownian Motion to model exit prices (or pretty much anything else), it seems a bit off from reality, but nevertheless I think the paper is worth the read."}
{"_id": "241349", "title": "", "text": "It appears all you have to do is submit a form. It might be better if she submitted it herself instead of you doing it on her behalf.  All natural persons (individuals) and non-natural persons (businesses)   are entitled to access and inspect the data held on record about them   in the Central Credit Information System (KHR)."}
{"_id": "241369", "title": "", "text": "\"As /u/Im_In_You replied, you need a lot more capital if you're going to make a difference in your personal finances. Remember to only invest the money that you can risk losing; don't put your emergency savings in the stock market.  As for success, I replied with this to a snarky poster above:  &gt;I started investing with $15,000 in 2009, my first trade being to buy Ford around $2 before the other two got bailed out. That single trade put me in the six figures. I've followed that up with equally successful trades such as shorting Netflix when they announced their new pricing plan, buying Tesla when they first started selling the Model S, etc. So yeah, even benchmarked against the 2009 bottom of the S&amp;P500, I've had \"\"success.\"\"  Although the professionals have access to far more information than I ever will, there is something to be said for being able to predict major trends. After all, the stock will either go up or down. Even with all the data in the world, your only options are to either go long or short. You have a 50-50 chance of beating the hedge fund crowd. Admittedly, very few people will have the same returns I've had over the past ~5 years.\""}
{"_id": "241371", "title": "", "text": "It's not like most of the people working there will care if Obama loses his job. The chief position of a government agency, who is selected by POTUS, often isn't a person liked by the rest of the agency and they couldn't care less if he was changed in 2013.  For example in the CIA the Director was always chosen by the President, and thusly the rest of the CIA usually don't fully respect them since they are just some random person from outside the Agency who was put into power for political reasons. They don't like the Director and likewise don't care if POTUS changes and the Director gets fired by the new guy.   My point is that entire government agencies are not lying and cheating just to keep Obama in office. Just because the Director was appointed by Obama doesn't mean the entire organization will lie to help Obama.   I mean what if Romney gets elected? Will the entire agency and it's hundreds/thousands of employees now immediately do a 180 and lie and cheat to keep Romney in power? The same workers that were doing illegal things to help Obama and now going to on a whim break laws to help Romney?   These agencies are not machines, they are made of hundreds of real people, each with their own polical views. Just because Obama chose the Director doesn't mean all those people are now his slaves willing to lie and cheat to help him.   What's to stop one of them from leaking the story to the media? I would think there has to be at least one Republican working there. If the Director told everyone that this quarter they were all going to lie to help Obama stay in power, pretty sure any Republicans in the agency would leak that to the media. If that story got out Obama would be impeached.   No way the entire agency would go forward with a lie to help Obama."}
{"_id": "241379", "title": "", "text": "\"Would you run a marathon with ankle weights on?  It starts off as ankle weights, but then grows into a ball and chain as you dig yourself a little deeper each time you use your credit card (and then don't payoff the balance because \"\"something more important came up\"\"). I would love for my wife to be able to be home and raise our son, but we simply can't afford to do that with the amount of debt we have. We are clawing our way out, and will pay off one student loan and a car loan, then start saving for a house and once we have that, we'll get back to debt reduction. Get debt free.  That's where we are headed.  Most of it is student loans at this point, but debt will take away your freedom to do whatever you like down the line.  It just increases your overhead in the long run.\""}
{"_id": "241416", "title": "", "text": "You might like https://planwise.com/index.htm"}
{"_id": "241423", "title": "", "text": "\"See Solid reading/literature for investment/retirement/income taxes? \u2013 not exactly the same question, but a great reading list for you. You are putting the cart before the horse here, first, you learn, then you invest. There's a large danger in confusing intelligent investing with \"\"fooling around\"\". The idea that you think you'd like to use derivatives without knowing how or why is a tough one.  I suggest you go to Yahoo! Finance and set yourself up with a portfolio (click on the \"\"My Portfolios\"\" tab), in effect, creating your own simulated account. Assume you are starting with some reasonable amount of money, say $10,000, but not $1M, as part of real investing is to learn how to asset allocate the funds you have. Learning that way for a time is the smarter way to start. That said, individual stocks are not for everyone. Most investors can lead a successful investing life by using ETFs or mutual funds of one type or another. Learning to pick individual stocks can be a life's work, and if you put too little time into it, are likely to be disappointed. But learning by 'paper trading' can be a good learning experience nonetheless.\""}
{"_id": "241425", "title": "", "text": "&gt; It's been years since my finance classes, but it seems to me the best course of action after selling the property and paying corporate taxes would be to reinvest the money at the corporate level to then pay out dividends rather than pay each of the 3 shareholders out and have us then pay personal tax on a large amount.  Full disclaimer, no one here is, or is acting in capacity as, a tax accountant or lawyer.   My understanding is as follows (assuming you're in the US):  1. The C-Corp owns the property. If you sell the property, the *corporation* will receive the proceeds of that sale. IF a capital gain is recognized, *the corporation* will pay the appropriate tax rate. That rate is, apparently, the same as normal income.   2. If you then issue a dividend with the proceeds of that sale, you are actually NOT reinvesting the proceeds, you're distributing them to shareholders. Shareholders will *then* need to pay tax on the dividends at their personal rates *as income.*  If you reinvest the cash, it will stay in the business. It will not go directly to shareholders. The cash will need to be invested somewhere else within the company. You will get hit with taxes regardless at least once. If you distribute to shareholders, those proceeds will be taxed twice.   Example:  Both Cases:  Sale Proceeds: $100  Less Corporate Tax of 35%: $35  After-Tax Proceeds: $65  _______________________________________________________________  IF DISTRIBUTED:  Distributed to Shareholders: $65  Less Income Taxes at 25%: $16.25  After-Tax Distribution to Shareholders: $48.75  ____________________________________________________________  IF RETAINED:  No distributions.  Retained Earnings: +$65  Cash: +$65  Book Value of Equity: +$65  Shareholder Wealth Increase: $65"}
{"_id": "241433", "title": "", "text": "Most important: Any gains you make from risking this sum of money over the next few years will not be life changing, but if you can't afford to lose it, then losses can be. Rhetorical question: How can you trust what I say you should do with your money? Answer: You can't. I'm happy to hear you're reading about the stock market, so please allow me to encourage you to keep learning.  And broaden your target to investing, or even further, to financial planning.  You may decide to pay down debt first.  You may decide to hold cash since you need it within a couple years. Least important: I suggest a Roth IRA at any online discount brokerage whose fees to open an account plus 1 transaction fee are the lowest to get you into a broad-market index ETF or mutual fund."}
{"_id": "241444", "title": "", "text": "If you need access to your data beyond the online availability, you download the transactions and manage the archive yourself. Six months to eighteen months is generally enough time for most people to manage their own archived data. Big banks have the power to store and retrieve all the data online. Unfortunately, the older records are not frequently accessed. Why have these records online when they will be rarely accessed? Backing up data will take longer. Queries to retrieve data will take longer. Everything will take longer just so you can have records that 99% of customers will never access."}
{"_id": "241447", "title": "", "text": "\"Anecodotal but par for the course for being in /all , my vegan buddy gets food from here often, probably the only fast food other than french fries. Order any item fresco style and they'll replace cheese and sauces with pico-digio. No meat, makes that vegan.   It's also fairly easy to tell them what you want on your buritto \"\" bean burrito, fresco style, add black beans and rice\"\"  $1.45\""}
{"_id": "241458", "title": "", "text": "Personal story here: I ended up at the Santa Monica hospital without insurance and left with a bill of $30k-$35k. They really helped me, so I felt like I had a duty to pay them. However, close inspection revealed ridiculous markups on some items which I would have disputed, but I noticed that I had been billed for a few thousands of services not rendered. I got very mad at them for this, they apologized, told me they'd fix it. I never heard back from them and they never put it in collection either. I'm assuming they (rightfully) got scared that I'd go to court and this would be bad publicity. Sometimes I feel guilty I didn't pay them anything, sometimes I feel like they tried to screw me."}
{"_id": "241469", "title": "", "text": "Some check as part of a background investigation. Money problems can make it hard to establish a level of trust. If your credit is bad you might be easy to bribe. Or you might steal from the company. The level of importance will depend on the job you are applying for, or for the customer you will be working for. Government jobs or government contracts frequently require background checks. Jobs that will involve having access to high value items or money will also require a check."}
{"_id": "241494", "title": "", "text": "I'll agree to that. They are definitely manipulations that end up with unintended consequences.   Even the idea of tying stock to the CEO's salary was intended to make the CEO think long term, but what happened is that they figured out how to game the system. Which is unfortunate, especially since the employees end up taking the brunt of that. Need a stock boost? Lay off some people, buy back some stock or announce something."}
{"_id": "241497", "title": "", "text": "Don Jrs email is evidence of attempted speech with a Russian provincial assistant district attorney with no central government ties. And again, there are no verifiable accounts that that speech represented any such conspiracy to commit any such crime. Nor is there any evidence that the Trump team was gearing up to use this information with no due diligence. In fact, internal emails released to the public point to the exact opposite mentality:  https://www.washingtonpost.com/politics/trump-campaign-emails-show-aides-repeated-efforts-to-set-up-russia-meetings/2017/08/14/54d08da6-7dc2-11e7-83c7-5bd5460f0d7e_story.html  &gt; The adviser,\u00a0George Papadopoulos, offered to set up \u201ca meeting between us and the Russian leadership to discuss US-Russia ties under President Trump,\u201d telling them his Russian contacts welcomed the opportunity,\u00a0according to internal campaign emails read to The Washington Post.  &gt; The proposal sent a ripple of concern through campaign headquarters in Trump Tower. Campaign co-chairman Sam Clovis wrote that he thought NATO allies should be consulted before any plans were made. Another Trump adviser, retired Navy Rear Adm. Charles Kubic, cited legal concerns, including a possible violation of U.S. sanctions against Russia and of the Logan Act, which prohibits U.S. citizens from unauthorized negotiation with foreign governments.  -  &gt; business dealings  Bear in mind, these aren't records in any way contemporaneous or relevant in the slightest to the election or US politics in any way. There is no evidence, nor any tangible, concrete, vetifiable connection pushing the investigation in this direction. Just fee fees.  https://www.bloomberg.com/news/articles/2017-07-20/mueller-is-said-to-expand-probe-to-trump-business-transactions  &gt; The U.S. special counsel investigating possible ties between the\u00a0Donald Trump campaign and Russia in last year\u2019s election is examining a broad range of transactions involving Trump\u2019s businesses as well as those of his associates, according to a person familiar with the probe.  &gt; FBI investigators and others are looking at Russian purchases of apartments in Trump buildings, Trump\u2019s involvement in a controversial SoHo development in New York with Russian associates, the **2013** Miss Universe pageant in Moscow and Trump\u2019s sale of a Florida mansion to a Russian oligarch in **2008**, the person said.  And make that 3 intelligence agencies, who made that report based on the report of a DNC surrogate owned and operated firm. No data, no hardware, nothing tangible was passed from the DNC, who refused all such requests from the proper authorities, to the justice department and the intelligence community besides the word of a DNC owned and opperated firm.  http://www.slate.com/blogs/future_tense/2017/05/09/the_fbi_is_harder_to_trust_on_the_dnc_hack_because_it_relied_on_crowdstrike.html  &gt; The DNC maintains there\u2019s a simple answer to this question: According to the group, the FBI\u00a0never asked to see their servers. But FBI Director James Comey\u00a0told the Senate Intelligence Committee back in January\u00a0that the FBI did, in fact, issue \u201cmultiple requests at different levels\u201d to the DNC to gain direct access to their computer systems and conduct their own forensic analysis.  &gt; Instead, whether because they were denied access or simply never asked for it, the FBI instead used the analysis of the DNC breach conducted by security firm CrowdStrike as the basis for its investigation.  http://www.breitbart.com/big-government/2017/06/30/nyt-turns-out-17-intelligence-agencies-was-fake-news/  &gt; Despite the mainstream media and the political left making\u00a0constant referencefor months to the \u201c17 intelligence agencies\u201d agreeing on Russia\u2019s actions during the campaign, this has repeatedly been debunked. The\u00a0single released report\u00a0on the matter from the American intelligence community was produced by only three intelligence agencies \u2013\u00a0the Central Intelligence Agency (CIA), the Federal Bureau of Investigation (FBI), and the National Security Agency (NSA).  &gt; Former Director of National Intelligence James Clapper\u00a0confirmed in his testimony\u00a0before the Senate Judiciary Committee that the \u201c17 agencies\u201d line was fake news. While there are 17 American intelligence agencies\u00a0and none, to his knowledge, objected to the CIA/FBI/NSA report, none of the other 14 agencies have published any independent confirmation of its claims."}
{"_id": "241501", "title": "", "text": "The advice given at this site is to get approved for a loan from your bank or credit union before visiting the dealer. That way you have one data point in hand.  You know that your bank will loan w dollars at x rate for y months with a monthly payment of Z. You know what level you have to negotiate to in order to get a better deal from the dealer. The dealership you have visited has said  Excludes tax, tag, registration and dealer fees. Must finance through   Southeast Toyota Finance with approved credit. The first part is true. Most ads you will see exclude tax, tag, registration. Those amounts are set by the state or local government, and will be added by all dealers after the final price has been negotiated. They will be exactly the same if you make a deal with the dealer across the street. The phrase Must finance through company x is done because they want to make sure the interest and fees for the deal stay in the family. My fear is that the loan will also not be a great deal. They may have a higher rate, or longer term, or hit you with many fee and penalties if you want to pay it off early. Many dealers want to nudge you into financing with them, but the unwillingness to negotiate on price may mean that there is a short term pressure on the dealership to do more deals through Toyota finance. Of course the risk for them is that potential buyers just take their business a few miles down the road to somebody else. If they won't budge from the cash price, you probably want to pick another dealer. If the spread between the two was smaller, it is possible that the loan from your bank at the cash price might still save more money compared to the dealer loan at their quoted price. We can't tell exactly because we don't know the interest rates of the two offers. A couple of notes regarding other dealers. If you are willing to drive a little farther when buying the vehicle, you can still go to the closer dealer for warranty work. If you don't need a new car, you can sometimes find a deal on a car that is only a year or two old at a dealership that sells other types of cars. They got the used car as a trade-in."}
{"_id": "241503", "title": "", "text": "Part III of form 8889 is applicable only if we have taken advantage of last month rule -had high deductible health plan (hdhp) on Dec 1 of the tax year. The advantage we get because of the rule is -we can contribute maximum amount to HSA for the tax year even though we had hdhp for just few months and not the entire tax year.  Now there is one limitation to that advantage - we have to maintain 12 months of hdhp in the next year (after tax year). If we cannot maintain full 12 months of hdhp along with tax year's Dec 1 to Dec 31 hdhp then we fail glorious testing period. Such a failure would require us to pay taxes and penalty that we report on part III of 8889 form. These taxes and penalties are applied on last year's (tax year) contribution except dec month.  Reference: http://www.hsaedge.com/2014/03/25/hsa-last-month-rule-and-testing-period-explained/"}
{"_id": "241539", "title": "", "text": "I will be messaging you on [**2021-06-15 14:54:56 UTC**](http://www.wolframalpha.com/input/?i=2021-06-15 14:54:56 UTC To Local Time) to remind you of [**this link.**](https://www.reddit.com/r/finance/comments/6cvvei/a_hedge_fund_manager_is_supporting_a_free_masters/dixuco3)  [**CLICK THIS LINK**](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[https://www.reddit.com/r/finance/comments/6cvvei/a_hedge_fund_manager_is_supporting_a_free_masters/dixuco3]%0A%0ARemindMe!  4 years ) to send a PM to also be reminded and to reduce spam.  ^(Parent commenter can ) [^(delete this message to hide from others.)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Delete Comment&amp;message=Delete! dixvaea)  _____  |[^(FAQs)](http://np.reddit.com/r/RemindMeBot/comments/24duzp/remindmebot_info/)|[^(Custom)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[LINK INSIDE SQUARE BRACKETS else default to FAQs]%0A%0ANOTE: Don't forget to add the time options after the command.%0A%0ARemindMe!)|[^(Your Reminders)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=List Of Reminders&amp;message=MyReminders!)|[^(Feedback)](http://np.reddit.com/message/compose/?to=RemindMeBotWrangler&amp;subject=Feedback)|[^(Code)](https://github.com/SIlver--/remindmebot-reddit)|[^(Browser Extensions)](https://np.reddit.com/r/RemindMeBot/comments/4kldad/remindmebot_extensions/) |-|-|-|-|-|-|"}
{"_id": "241569", "title": "", "text": "Put simply for me, having an 800g device which outperforms my older macbook pro, and therefore not needing to carry my heavy laptop, charger, and tablet into college or work.   I could get a Macbook Air, but then i'd still want my tablet. I could get an iPad but then i'd still need my laptop.   I also really really like the digitizer."}
{"_id": "241585", "title": "", "text": "\"&gt;  Uber wasn't trying to track everybody post ride for fun, they were trying to model future demand for cars before somebody punched in they needed a ride.    Well, I'm sure that was *one* of the reasons - even the primary reason, perhaps.   But it's a bad idea to assume that companies are only using certain data in the ways you think they are.   Like, when you pay with your credit card at a restaurant...   You may expect them to keep a file linked to the card number so that they can track what people order over time.   You *probably* don't expect them to explicitly match your credit card to your FB/LI/etc, create a file of information about you with pictures, and then use that info to instruct your server next time to talk about travel because you have a trip coming up.   You *probably* don't expect them to share your file with other restaurants, so when you go to a different restaurant next week, the server there knows to upsell you on the wine.   You *probably* don't expect them to sell that profile to data brokers who match all that to public record data (like mortgages and car registrations) in order to sell to yet other companies.   But they do those things. Same deal with literally every company who obtains data.   The correct calculation when deciding to give data to a company isn't \"\"what is the data and what do I think the company will do with it.\"\"   **The correct calculation is:**  - what is the data  - how can that data be combined with data about me from *everywhere* else: social networks, public records, credit card transactions, location data, etc   - who could potentially get their hands on it (generally the company's tech/marketing partners and vendors + data brokers -- assume everyone)   - what's the worst possible way that I imagine this could be used (e.g., to show me ads for italian restaurants, to show me higher prices because it looks like I'm a big spender, to prove that I'm cheating on my wife, etc)   Then if you're still cool with giving them the data, awesome!   Just remember that we have crappy memories, but computers don't.   You might not recall that night in a hotel a few years ago, but computers do. You may not pick up on the subtle long term patterns in your own behavior (like the fact that your \"\"totally random cravings\"\" for a Big Mac occur predictably every 12-14 months), but computers will.\""}
{"_id": "241590", "title": "", "text": "Apple is currently the most valuable company in the world by market capitalisation and it has issued bonds for instance. Amazon have also issued bonds in the past as have Google. One of many reasons companies may issue bonds is to reduce their tax bill. If a company is a multinational it may have foreign earnings that would incur a tax bill if they were transferred to the holding company's jurisdiction. The company can however issue bonds backed by the foreign cash pile. It can then use the bond cash to pay dividends to shareholders. Ratings Agencies such as Moody's, Fitch and Standard & Poor's exist to rate companies ability to make repayments on debt they issue. Investors can read their reports to help make a determination as to whether to invest in bond issues. Of course investors also need to determine whether they believe the Ratings Agencies assesments."}
{"_id": "241595", "title": "", "text": "No one can deny the importance of a good night\u2019s sleep. Yes, we all need some time to let our mind and body relax after a long tiring day without which none of us can perform our routine tasks normally."}
{"_id": "241599", "title": "", "text": "\"For the most part, saving money usually depends upon having a budget and being able to stick to it. The toughest part of budgeting is usually setting it up (how much do I need for X) and sticking to it each month. In regards to sticking to it, there is software that you can use that helps figure out how much you are spending and how much you have left in a given category and they all pretty much do the same thing: track your spending and how much you have left in the category. If you are good with spreadsheets you might prefer that route (cost: free) but software that you can buy usually has value in that it can also generate reports that help you spot trends that you might not see in the spreadsheet. Sticking to a budget can be tough and a lot of what people have said already is good advice, but one thing that helps for me is having \"\"play money\"\" that can be used for whatever I want. In general this should be a fairly nominal amount ($20 or $40 a week) but it is enough that if you see a new book you want or what to go out for lunch one day you can do it without impacting the overall budget in some way. Likewise, having bigger savings goals can also be useful in that if times get tough it is easier to stop putting $100 a month to the side for a vacation than it is to cut back your grocery budget.\""}
{"_id": "241601", "title": "", "text": "You do know that people already receive many benefits? Rather than just handing out cash we use other forms of payments to limit fraud &amp; abuse of taxpayers funds. Its not working. You would think with the huge increase in entitlement spending over the last 10 years that things would get better. We had our universal income study in America,it failed."}
{"_id": "241605", "title": "", "text": "\"Gentleman, the way to do a great \"\"ad hominem\"\" is to do your research first. Aimless speculation as to my bitterness, business failures, lack of business sense, VCs passing me over, etc., etc. doesn't do the term justice.   Please do try harder. Thank you!\""}
{"_id": "241631", "title": "", "text": "\"Lmao so the fact that the government \"\"could possibly switch currency\"\" negates the current demand they create? The government creates a demand for USD. That alone is enough to say dollars have intrinsic value.   Add to that the fact that there are trillions of dollars in outstanding government bonds that are required to be paid out in USD when they mature. Changing the currency would be considered a form of default by many and could have massive negative consequence far outweighing the benefits of the rapid adoption of blockchain. Even if they stopped issuing bonds today they would still have ones maturing until 2047.   It's like saying bananas don't have monetary value because people might decide to stop buying them. Yeah, it's true they would lose value if that happened but as of today it's just not true\""}
{"_id": "241643", "title": "", "text": "Congress said they coudln't run their own airline so UPS/FedEx rus them.  Overight package with USPS still goes FedEx so might as well pay less.  UPS and FedEx use USPS when it is in their interest not to deliver to the end clients (the expensive part) and only handle the hauling to a local distribution point (eg smart post)  So yeah there are plenty of stupid mistakes going on.  USPS should cancel those services to begin with, many of those clients will return to the post office directly, then they should run their own airplanes (if it is cost efficien) also lifetime salaray pensions are not realistic..."}
{"_id": "241648", "title": "", "text": "Future income would impact the price you'd negotiate for the sale. And it may turn to profit for the buyer, but it has no impact on you today.  You have the sale price, and whatever cost hasn't been written off. The time you put into it doesn't matter either, an hour to write the program or 5 years. Only your out of pocket cost is written off against the sale price.  If the sales are steady, why so low, 13 trailing month's revenue, with potential for growth, is a very low multiple. It's in the store, what is your cost to maintain the product?"}
{"_id": "241660", "title": "", "text": "I guess I am trying to avoid making her a partner, which creates the struggle of how to compensate her. Having her be a partner is pretty straightforward - she would get an agreed % of any business, mine or hers. Not sure I want/need to do that.....but maybe it's the only way?"}
{"_id": "241661", "title": "", "text": "\"When you hold units of the DLR/DLR.U (TSX) ETF, you are indirectly holding U.S. dollars cash or cash equivalents. The ETF can be thought of as a container. The container gives you the convenience of holding USD in, say, CAD-denominated accounts that don't normally provide for USD cash balances. The ETF price ($12.33 and $12.12, in your example) simply reflects the CAD price of those USD, and the change is because the currencies moved with respect to each other. And so, necessarily, given how the ETF is made up, when the value of the U.S. dollar declines vs. the Canadian dollar, it follows that the value of your units of DLR declines as quoted in Canadian dollar terms. Currencies move all the time. Similarly, if you held the same amount of value in U.S. dollars, directly, instead of using the ETF, you would still experience a loss when quoted in Canadian dollar terms. In other words, whether or not your U.S. dollars are tied up either in DLR/DLR.U or else sitting in a U.S. dollar cash balance in your brokerage account, there's not much of a difference: You \"\"lose\"\" Canadian dollar equivalent when the value of USD declines with respect to CAD. Selling, more quickly, your DLR.U units in a USD-denominated account to yield U.S. dollars that you then directly hold does not insulate you from the same currency risk. What it does is reduce your exposure to other cost/risk factors inherent with ETFs: liquidity, spreads, and fees. However, I doubt that any of those played a significant part in the change of value from $12.33 to $12.12 that you described.\""}
{"_id": "241682", "title": "", "text": "\"It's almost as if you're *completely* wrong.   Tell me what Citibank has anything to do with JP Morgan.   Tell me again how JP Morgan is responsible for CDO's and MBS's.   Tell me again how JP Morgan cost the tax payers money.  Tell me again how investment banks made investments based on the premise of \"\"taxpayers will cover it\"\"   Tell me again how JP Morgan gambled and needed to be bailed out.  Tell me how the TARP cost taxpayers even a cent.   Amazing how someone can have such strong feelings about something they have 0 knowledge of. Educate yourself moron.\""}
{"_id": "241696", "title": "", "text": "\"Wow!  \"\"And then a rat inside a barbecue grill brought Odebrecht\u2019s multibillion-dollar graft machine crashing down. In early 2015, one of Migliaccio\u2019s neighbors in Aventura discovered the rodent while preparing to fire up a communal grill by the pool. The incident prompted emails about the purchase of a new grill among residents, and one caught the eye of Brazilian Federal Police agent Felipe Pace, a Car Wash investigator who was monitoring Migliaccio. The email was copied to the addresses of dozens of condo owners, including one Pace knew to be Migliaccio\u2019s. But one Hotmail account, called \u201cO.Overlord\u201d (a reference to Operation Overlord, the Allied D-Day invasion of France in 1944), was a mystery to Pace. In January 2016 he secured a court order in Brazil requiring Microsoft Corp. to give him access to the Hotmail account.\"\"\""}
{"_id": "241704", "title": "", "text": "Find the effective solution for all health issues at one spot only. Vydya is providing the listing of all medical solutions like Yoga therapy for back pain and stress relief, Homeopathy for thyroid treatment and so on, where you can check the best choice to fix the appointment."}
{"_id": "241708", "title": "", "text": "I'd say its time to merge finances!"}
{"_id": "241718", "title": "", "text": "My understanding was that if they cash out they only have to pay capital gains tax on it, which is lower than income tax for their bracket. You also have to think about tax on dividends from these stock options, which is only 15%, which is paltry to regular incometax rate that the rich pay on their salaries. According to Wikipedia:  Congress passed the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA), which included some of the cuts Bush requested and which he signed into law on May 28, 2003. Under the new law, qualified dividends are taxed at the same rate as long-term capital gains, which is 15 percent for most individual taxpayers  Anyways, SOMETHING needs to be done."}
{"_id": "241730", "title": "", "text": "Okay what I meant was that if you catch someone and find out they own a certain address, they cannot escape the trail. If they want to move funds from a criminal wallet to a safe wallet, there will always be a trail.  And that's just the transaction network. The stock market equivalent counterparty operates on a similar ledger system.   &gt; the parallel is clear  Except that with blockchain technology its 100% transparent and global by default and doesn't need a third party to audit the system because its all done algorithmically and openly.   Also no need for a clearing house or companies to give you access to the stock market through their services (like e trade)."}
{"_id": "241748", "title": "", "text": "Toni Plastic Industries is the leading mannequin manufacturer in New Delhi, known for manufacturing mannequins of all types. They also manufacture and export corrugated box handles, hangers of all types and customized products that can be used in all kinds of wholesale and retail outlets."}
{"_id": "241751", "title": "", "text": "This is based on evidence over the past 35 years which coincides with the largest technology revolution in human history. Those automated jobs were going away even if minimum wage was cut. Our business community is enamored of technology solutions that enrich them in the short term and to hell with the law no term.   To keep telling the public this then prevents people demanding a livable wage in fear of no job at all. It keeps working class people complacent with the abuses in their work environment, such as forbidding legal breaks, not paying overtime that is due, last minute schedule changes, unpaid 24 on call status and less than 8 hours between shifts. Fear is the most powerful mute button in the world.   Long term, profits will begin to slide slowly as we are seeing in retail right now. It will be blamed on Internet shopping, millennials are minimalists or student loan payments. This doesn't explain deceased shopping by other age groups, but shhh, not suppose to notice.   As more and more people are left in poverty or near poverty by lack of wage increases, the number of customers fall. When it hits the middle class and they stop shopping so much, our economy will be in a persistent recession. Layoffs to reduce expenses leads to fewer customers for products leads to decreased profits leads to layoffs....  Automation will, of course, reduce the expenses in the short term, but will also eliminate the market. All the white collar workers that think they are immune will be shocked when it hits their industry, but it only makes sense in myopic business circles to eliminate higher wages workers, too.   Sometimes technology is the problem, not the solution. I expect to be banned for saying so."}
{"_id": "241764", "title": "", "text": "There are a lot of things that can be specified in the LLC agreement / charter, such as unequal distribution profits, sales restrictions, classes of ownership, etc. You should read your LLC paperwork. That said, you are generally allowed to sell ownership in an LLC in a private transaction. If you advertise the share of the LLC for sale, it's probably a violation of SEC rules. So Craig's List is a bad idea. Word of mouth or a broker is the way to go. I am not a lawyer or accountant -- you should double check this information; it might be wrong."}
{"_id": "241765", "title": "", "text": "\"I think it means that any article that ends with a question mark is bullshit and of course the answer could be no or else the head line would be definitive.  Like for this one if the answer couldn't be no, it might be titled, \"\"assets are high across the board and it's time to worry\"\".\""}
{"_id": "241781", "title": "", "text": "\"It's also too big to fail. The idea of \"\"too big to fail\"\" just means that it would cause civil unrest. With banks, it would force the government to reimburse (and likely clip, for reach people) funds. With large companies with millions of employees, it would cause a sharp increase in national unemployment.\""}
{"_id": "241782", "title": "", "text": "I will never advocate for being high at work. We can both agree on that front, my main point is that it is stupid to care what people do on their off time.   I can respect many of your arguments, but I just want to be clear I think smoking and driving is bad. What I think is acceptable is getting high on your own time in the privacy of your own home. Therefore in my mind it should have 0 impact on insurance of any kind, and employers shouldn't care what you do on your own time.   You're entitled to your opinion, and it is very clear that it differs from mine. I would just hope that in the future you don't use a broad brush and attack everyone that smokes weed"}
{"_id": "241783", "title": "", "text": "Agree with the comment, 760 is a good score. The average score is less than 700 and average score for your age group is even lower.  (Source: https://www.creditkarma.com/trends/age)   Just keep paying your credit card bills on time. You could also ask for increases in your credit limits on your existing credit cards, which may increase your score, but could decrease it in the short term depending on how your credit card company looks at your credit history in the process.  (Source: http://money.usnews.com/money/blogs/my-money/2014/06/27/3-ways-to-increase-your-credit-card-spending-limit)"}
{"_id": "241791", "title": "", "text": "Is there, like, any other goddamn example why that might be a good idea? Star Wars is such a freaking ridiculous outlier for merchandising sales. How much do your run of the mill franchises really make off their crappy swag?"}
{"_id": "241800", "title": "", "text": "The standard advice is to have 3-6 months worth of expenses saved up in a highly liquid savings or money market account.   After you have that saved you could look to start investing.  I would recommend reading the bogleheads investment wiki (https://www.bogleheads.org/wiki/Getting_started).  Even if you aren't planning on following the bogle head's way of passive investing it will give you a lot of good info on options available to you to start investing."}
{"_id": "241804", "title": "", "text": "my tax liabilities in India on my stock profit in US  You would need to pay tax on the profit in India as well after you have become resident Indian. India and US have a double tax avoidance treaty. Hence if you have already paid tax in US, you can claim benefit and pay balance if any. For example if you US tax liability is 20 USD and Indian liability is USD 30, you just need to pay 10 USD. If the Indian tax liability is USD 20 or less you don't need to pay anything.  what if in future I transfer all my US money to India?  The funds you have earned in US while you were Non-Resident is tax free in India. You can bring it back any-time within a period of 7 years."}
{"_id": "241807", "title": "", "text": "This is tax fraud, plain and simple. I recently wrote an article The Step Transaction Doctrine, in which I explain that a series of events may each be legal, but aggregate to one transaction and the individual steps are ignored.  In this case, it goes beyond that, by accepting $5/mo you are already outside the tax code. As littleadv noted, you can't work for a legitimate business for free and not expect to have some kind of issue. The $14K/yr gift isn't a bona fide gift, but ties to that work."}
{"_id": "241819", "title": "", "text": "If you have retirement savings, the HSA should not be considered in isolation, but as part of your complete asset allocation.  The HSA is a unique account in that the funds go in pre-tax, grow tax free, and then for qualified expenses, are withdrawn tax free. With healthcare being the biggest risk to one's retirement portfolio (i.e. a large unknown in that retirement budget), funding an HSA to the max, and treating it as a long term investment makes a lot of sense.  As a comment suggests, keeping what you feel is a year's worth of expenses liquid might make sense. The (medical) plan coverage should have a maximum out of pocket each year. That's another number you can use as a guideline.  The question is great, and as more people have the high deductible plan with an HSA, it's worth some analysis. The problem for those answering is that we don't know the rest of your situation. Specifically, how these funds fit into your portfolio of assets."}
{"_id": "241825", "title": "", "text": "Different focus and drive.  Are you familiar with process improvement methods like Six Sigma?  Yes they've become synonymous with corporate buzzword bullshit in the US but that's not the way it always was.  During WWII the US government socialized many factories to support the war effort.  They took statistics nerds and gave them factories to run.  After the war the nerds were offered jobs in the census.  Some of them went to other countries to help rebuild instead.  There are statues to some of them because they helped Japan become a leading economy in relatively short order.  China doesn't have that focus.  They succeed out of sheer numbers.  Not by refining process.  That would require investing in their workforce too much and cheep disposable labor is the way they compete."}
{"_id": "241828", "title": "", "text": "100k may not be a lot for your area, but if you're really concerned about feeling like a failure just take your 100k and move somewhere with a lower cost of living, and you will soon see what real failure looks like (although to be blunt for the sake of honesty, 11/hr in OC means you may in fact be a failure)."}
{"_id": "241831", "title": "", "text": "Take it up with Jamie Dimon, I'm not trying to involve myself with semantics. Either you agree with his assessment of the speculative bubble, or you don't. You're just being a pedant, and are detracting us from the actual argument."}
{"_id": "241856", "title": "", "text": "Thank you architectzero for voting on could-of-bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "241860", "title": "", "text": "One thing I like to do every once in a while is look at the day's market movers. It's a list of symbols that had huge movement. There tend to be a couple of 50+% movers every time I look. In fact today I see ATV moved up 414.48%:  So there it is\u2014doubling your investment in one day and then some is technically possible. The problem is that the market movers chart also has an equal number of symbols that had major movements in the other direction. Today's winner is:  SPCB  lost 40% in one day, and thats the problem. If you invest in anything that can double your investment in one year, it can also halve your investment in one year. Or do better. Or do worse. You really don't know because the volatility is so high."}
{"_id": "241866", "title": "", "text": "With change in technology and regulations, quite a few clearing systems provide an ability to directly credit a credit card. In Europe Sepa transactions allow one to credit a credit card. The service would be offered by Local bank rather than Visa or Master Card"}
{"_id": "241872", "title": "", "text": "What is up with Cracked magazine lately?  It used to be a crappy imitator of MAD magazine when I was a kid, and now it has surpassed it.  Every article they write is comedy gold!  :)  MAD should wake up and do an online edition, otherwise they'll be out of business and Cracked will be all that's left!"}
{"_id": "241876", "title": "", "text": "\"I would say it actually applies to more readily to things like eating dinner than moral acts. The rationalization part need not be a justification, it may simply be the narrative your mind creates to give the illusion of agency to the actions you perform.  What I was getting at originally though is that most people rationalize emotional decisions after the fact. The mark of a higher moral being is one whose rational morals are informed by but ultimately supersede its  emotional instincts.   Your counterexample of \"\"Deserved\"\" is telling. There are two distinct lines of thought in justice: punitive and preventative. Punitive focuses on retribution, while preventative focuses on isolation or elimination of an individual from a situation where it can do further harm.   I think most punitive measures are at heart an emotional response to a situation or an entity, while preventative (usually) is informed by emotion but ultimately rational. This is another division in the potential reasons why someone might cheat a large faceless organization: on the emotional side one might live in a dramatically unequal society in which such organizations often blatantly act in a manner which is contrary to all social conditioning we receive from a very young age. Despite this, they thrive. This observation might lead to resentment and a sensation that such organizations deserve to be punished for their deeds, and a persons deeds might be justified because of this, at least in their heads.  Alternatively, one might think that the continued existence of such organizations and the systems which make them successful is a force for human misery, and therefore work to lessen their impact and/or ultimately destroy them.   I think it is interesting that most people would find the punitive/retributive motive for behavior to be childish, destructive, and immoral in these terms. Despite this they will happily apply it to individual humans who misbehave. It is puzzling and frustrating to me that people, in moments of anger and grief when these observations are MOST important, will not see this even when it is presented to them plainly. I chalk it up to the dominance of emotion over reason.\""}
{"_id": "241894", "title": "", "text": "Mostly these are results of arguments between shareholders. These suits come when shareholders alleged that directors didn't act in their best interests. Unless its a class action suit, I'd say there's no ramifications for an average shareholder."}
{"_id": "241920", "title": "", "text": "&gt; Turns out inside updates via the SIP are received faster than the prop market data feed, and faster than updates received over an order entry connection. Under these circumstances the street knows a trade occurred before the participants in the trade.  You're saying if IEX is the inside quote you see it disappear on a sip feed before you see it disappear from iex's MD feed? AND if it's your quote, even before you receive the trade report?"}
{"_id": "241928", "title": "", "text": "The portfolio manager at Value Research Online does this very nicely. It tracks the underlying holdings of each fund, yielding correct calculations for funds that invest across the board. Take a look at the screenshot from my account:  If you have direct equity holdings (e.g., not through a mutual fund), that too gets integrated. Per stock details are also visible."}
{"_id": "241930", "title": "", "text": "Bezos is a fucking hypocrite. GODS I hate him!  The man who patented one-click ordering. The man who patented affiliate programs. The man who, only two months ago, hired a pile of patent sharks. The man who has been exploiting the patent system while simultaneously decrying it since his company got off the ground.  Hey Jeff, we get it--you want patent law reform to give you more money and power. Well fuck off."}
{"_id": "241935", "title": "", "text": "Thanks for answering!  So given that the HR recruiters wouldn't know much about the role in-depth, what would be the best way to make some sort of impression on them, and what sorts of questions should I be asking if not technical ones?"}
{"_id": "241950", "title": "", "text": "I absolutely agree that it's impossible for either company to prove these allegations. However, I think they should both 1) stop doing this if the allegations are true and 2) stop making it public.  Seems to me they should be working together, at least for now, to form a united front against the taxi lobby."}
{"_id": "241952", "title": "", "text": "Aside from what everyone else has said about your money (saving, investing, etc.), I'd like to comment on what else you could spend it on: Spend it all on small/stupid things   that, while stupid, would make me   happier. For example take taxis more   often, eat often in nice restaurants,   buy designer clothes, etc. I'll be   young only one time. You could also put the money towards something more... productive?  Like a home project.  Convert a room in your living space into an office or a theater-like room.  Install hardwood floors yourself.  Renovate a bathroom.  Plant a garden of things you would enjoy eating later.  Something that you would enjoy having or doing and can look back at and be proud of putting your money towards something that you accomplished."}
{"_id": "241963", "title": "", "text": "\"I don't understand what the D, to the right of APPLE INC, means. This means the graph below is for the \"\"D\"\". There is selection at top and you can change this to Minutes [5,20,60,etc], Day, Week [W], Month [M] I'm not understanding how it can say BATS when in actuality AAPL is listed on the NASDAQ. Do all exchanges have info on every stock even from other exchanges and just give them to end-users at a delayed rate? BATS is an exchange. A stock can be listed on multiple exchange. I am not sure if AAPL is also listed on BATS. However looks like BATS has agreement with major stock exchanges to trade their data and supplies this to trading.com\""}
{"_id": "241985", "title": "", "text": "Bank have their own Capital, Deposits from Depositors and lend money to Borrowers.   In a liquidity problem, it is typically that either the Borrowers are taking time to repay [they are not yet defaulters] or there is more pressure on withdrawals from Depositors or there is a short term of mismatch between deposits and loans ... in all these valid scenarios FED does lend out the banks to met these short terms obligations.   Banks fail when the losses are actually booked in comparison to the overall Capital or loss would materialize ... for example the Mortgage crisis in US meant that quite a few Banks the actual loss had materialized or would have any ways materialized. In such situations the short term leading does not help and they would burn it out anyways as the borrowers are not paying back any time soon ..."}
{"_id": "241992", "title": "", "text": "No.  All of reddit tends to skew young, which comes with liberal politics (since they haven't had too much real world or work experience yet), and they're all snarky idiots who think they have everything figured out."}
{"_id": "241995", "title": "", "text": "Both of these are futures contracts on the Ibovespa Brasil Sao Paulo Stock Exchange Index; the mini being exactly that, a mini version (or portion) of the regular futures contract. The mini counterpart makes trading the index more affordable to individual investors and hence increase liquidity."}
{"_id": "241996", "title": "", "text": "A single fund that reflects the local currency would be an index fund in the country. Look for mutual funds which provide for investing on the local stock index. The fund managers would handle all the portfolio balancing for you."}
{"_id": "242008", "title": "", "text": "\"First off, your commitment to paying down debt and apparent strong relationship with your brother is admirable. However, I think you are overcomplicating your situation and potentially endangering your relationship by attempting to combine debts in this way. You could consider a simple example where you have interest bearing at 5% and your brother has interest bearing debt at 10%. If you both pay down his higher interest debt first, and then both pay down your debt after, then clearly you will have paid less interest combined. But, by waiting to pay off your debt until later, you have accrued more interest yourself. So who has saved money by doing this? Your brother. You will have paid (let's say, without getting into balances) $50 extra interest to save your brother $70 in interest. So why would you want to give your brother $50? Total interest savings between both of you in this simplified example are $20. So, in theory your brother could pay you $60 after the fact, effectively meaning you end up $10 ahead, and your brother ends up $10 ahead. Here, you end up in a position where you could still say, in theory 'we both came out ahead'. But what if your brother loses his job while you're both paying off your debt, and he can't help any more? Does he accrue some type of calculated interest until he pays you back? What if he's off work for 2 years and still owes you 30k? What if he just never makes his payments to you on time? At what point do you resent your brother for failing to uphold his end of the deal? Money and friends don't mix. Money and family mixes even worse. In rare circumstances where you absolutely must mix family and money, get everything in writing. Get it signed, make it legal. Outline all details of the transaction, including interest rates, and examples of how the balances calculate. In 5 years when things go haywire, following the letter of the law is what will keep you from becoming enemies. But with family, often people have an expectation that \"\"while we agreed I would pay x, he's my brother, so he should take pity on me and allow me to pay only y, if I need to\"\". Finally, to your question about how to calculate amounts to pay: it will be very complicated. You will need to track minimum balance payments, interest rates, and even potentially the lost income which one of you gives up to pay down the other's debt. You could do these things in a simplified way close to what I've set out above, but then ultimately one of you will lose out. If you pay down your debts first, how can you calculate the lost living potential for your brother, who might want to buy a house but can't save for a down payment for an extra year? What if he has to move, and without sufficient down payment, he needs to pay extra Mortgage Insurance on his loan from the bank? Will you compensate him for that? My recommendation, if you haven't caught it yet, is Do not do this. Your potential savings are not going to be worth the potential heartache of breaking your relationship with your brother.  Instead, look at joining your minds, not your money. Set goals for yourselves individually, and hold each other accountable. Make this an open conversation between yourselves, as it can be difficult to talk about finances with other people. Your support will help the other person, and hopefully help keep you on track as well. To provide numerical context for potential savings, which you appear to still want, consider the numbers you've provided [you have 40k debt at 10%, your brother has 20k of debt at 5%]. Let's assume you each can pay up to 20k against the principal of your loans each year. Finally assume for simplicity that you also have enough to pay off interest as it gets charged [so no compounding], and you pay in even instalments each year. Mathematically that means your interest each year is equal to your interest rate * your average annual balance. If you each go alone, then you will accrue 10% on an average balance of [(40k+20k)/2] = 30k per year, which equals 3,000 in interest in year 1, then [(20k+0)/2] = 10k * .10 = 1,000 interest in year 2. Total interest for you = 4,000. Your brother will accrue [(20k+0k)/2] = 10k * .05 = 500 in interest in total. Total interest for both of you combined would be 4,500. If you pool your debt snowball, then you will clear your debt first. So the interest on your debt would be [(40k+0k)/2] = 20k * .1 = 2,000. Your brother's debt would fully accrue 5% of interest on the full balance in year 1, so interest in year 1 would be 20k * .05 = 1,000. In year 2, your brother's debt would be cleared half way through the year; interest charged would be [(20k+0k)/2] = 10k * .05 * 50% = 250. You would then owe your brother 10k, which you would pay him over the remainder of year 2. His total interest paid to the bank would be 1,000 + 250 = 1,250. Total interest for both of you combined would be 3,250.  In a simplified payment example using your numbers, maximum interest savings would be about $1,250 combined. How you allocate those savings would be pretty subjective; assuming a 50:50 split, this yields $625 in savings to each of you. If you aren't able to each save 20k per year, then savings would be greater for snowballing, because otherwise it will take you even longer to pay off your high interest debt. This is similar to your brother loaning you 20k today that you can use to pay off your debts, after which you pay him back so he can pay off his. Because you will owe him 20k for 2 years, but an average of ~10k at any one time [because he slowly advances it to you today, and you slowly pay him back until the end of year 2], at $650 in benefit passed to your brother, this is roughly equivalent to him loaning you money at 6.5% interest.\""}
{"_id": "242011", "title": "", "text": "An emergency fund is about managing risk. What would you do if your furnace, water heater, and cars all broke down at the same time? Being in Michigan, I can imagine that you wouldn't want to take cold showers, heat the entire house by wood fire, and walk to work every day. So how do you manage this risk? What would happen if you lost your job and couldn't find one for a few months? By only having $5k in the bank in an emergency fund, you are putting your family at risk. If these sorts of things happened, you would be in trouble. You would have to borrow money either hurting equity in the home that you have worked hard to build up, or by some other means. You and your spouse should sit down and decide what a good emergency fund looks like for your family. A reserve of 3-6 months of expenses is a good emergency fund. This could cover your family in the event of a lost job while you look for a new one. It would also cover you when Murphy strikes and things break down all at the same time. Once you and your spouse have determined how much you want to set aside, you two must determine how you will get there. Maybe you put in some extra hours at work, maybe you lower the retirement contributions temporarily, maybe you try to pay off the car as quickly as possible then put what you were paying on the car into the emergency fund. It will likely take a mix of things to get you there. You don't have to get it done in a day, a month, or even a year. But once you have that emergency fund fully funded, you will feel better. What may be a catastrophe now will be a minor annoyance with a fully funded emergency fund. Finally, I'd recommend going to your bank and setting up a separate account for this emergency fund. A separate account specifically labeled as your emergency fund. This way you will think twice before spending it on a non-emergency."}
{"_id": "242013", "title": "", "text": "&gt;A 2012 study by the Federal Trade Commission found that about 20 percent of consumers who were asked to review their reports discovered an error that was fixed after they disputed it, and more than 10 percent found an error significant enough to affect their credit score. Monitoring also alerts you if an application has been placed for a new account in your name.  &gt;Equifax, Experian, and TransUnion have turned monitoring into a business, charging as much as $25 a month for \u201cpremium\u201d services that include reports from all three companies.  In other words, pay us protection money because we're bad at our jobs and your reputation is suffering as a result of our sloppy work."}
{"_id": "242015", "title": "", "text": "Choose one:  1. Fight war with Russia  2. Fight war with North Korea  3. Battle of the sexes  4. Fully investigate Jeffrey Epstein  ...depending on who you are, it would be better for some topics to stay in the newscycle than others."}
{"_id": "242022", "title": "", "text": "Each goes to a different agency. Yes, it is normal that the lender queries more than one agency."}
{"_id": "242023", "title": "", "text": "What can you give them as security?  1. A fixed/floating charge over assets 2. Negative covenants/Non-subordination agreements 3. Real Mortgage 4. Chattel Mortgage 5. Personal or inter-business Guarantees  Essentially a bond is just a debt agreement, it is when you sell standardised bonds over a market that regulation comes into it.  Now I am from Australia, so I can't comment on US policies etc..."}
{"_id": "242027", "title": "", "text": "Yes, I'd say you do. This is similar to reporting a brokerage account. Also, don't forget the requirements for form 8938."}
{"_id": "242031", "title": "", "text": "not really one to argue semantics, retail stores are closing by the dozen these days as Amazon looks to purchase brick and motor locations like Sears and Whole Foods.. A few choices today, talk to me in 10 years.. You may be to young, I don't know but the same was said about Verizon early on and now it pretty much controls communications, Amazon is on the same highway, very soon they will control the majority of retail.."}
{"_id": "242035", "title": "", "text": "\"I highly recommend you read the \"\"related\"\" posted linked to the right.  Once you have the loan a year, in good standing, and have paid the mortgage to 80% LTV, you can request removal of PMI. But the bank can charge you for an appraisal, and if the house dropped even a few percent in value, you might need to put up more money.\""}
{"_id": "242040", "title": "", "text": "Oh woohooo . . .and its all a great investment AAA . .you have to buy  and when we do . .it goes straight down  because we find the biggest seller was Morgan and Stanley  Yah. . .we know that game really well now . .always buy the good news  Build some fucking public toilets"}
{"_id": "242049", "title": "", "text": "/u/tyby linked to AVE's [teardown](https://www.youtube.com/watch?v=_Cp-BGQfpHQ).  This thing is built on the printer and ink / game console model.  Those $400 machines probably cost more than that to make.  It's as if Keurig only sold commercial machines, at a loss, while requiring a $2,000+ per year subscription.  The idea of K-cups for juice is fine.  Writing the manufacturing people and engineers close to a blank check is not fine."}
{"_id": "242051", "title": "", "text": "India Direct Marketing Association is a public limited company which is engaged in different kind of direct marketing activities. They strive for sharing knowledge as well as networking of direct marketing industry professionals. They help and assist prospective marketing companies which are into direct selling. It is a recognized and professional body in the marketing industry."}
{"_id": "242052", "title": "", "text": "We have the team of experts with the expertise and knowledge in the community title laws. So the Body corporate solicitor Brisbane will provide assistance to corporations, managers, and developers regarding their legal requirements. Our experts will provide you the best advice regarding the body corporate application and interpretation. At Body corporate solicitor Brisbane we function according to the modules of the Body Corporate and Community Management Act. In the least amount of time, we will resolve every issue that your body corporate is dealing with so that you can progress. For more information, you can visit our website at: https://www.interspire.com/forum/member.php?u=477122"}
{"_id": "242072", "title": "", "text": "Ramsay was a chef -- and a damned good one -- long before he was a celebrity.   The article lists principles that perhaps you, the all-wise, never-erring god of finance have no problem remembering or mastering. For others, however, perhaps people new to business, or accustomed to failing, it is an eye-opening and compelling read, made more interesting because of its comparisons to a popular celebrity known for his successes and a military organization that doesn't now how to fail."}
{"_id": "242074", "title": "", "text": "It is obviously better to settle a little issue of AC now than to hold up and let it develop into a more concerning issue later. Additionally, holding up and proceeding to run the unit can expand your electric bills and even make perilous circumstances."}
{"_id": "242076", "title": "", "text": "Eh, the violent carjacking attempt on Dad, the neighbor's cars getting their rims stolen three different times in one year, and then their car itself getting stolen and stripped, the phone call from Detroit about an old fluorescent shop light someone stole from our house because they could, the hooker squads we used to sit on the porch and watch...  Y'know, list goes on and on, but I think you're right."}
{"_id": "242083", "title": "", "text": "What happens when people move away or lose interest? If it's not profitable you'll be depending on people to continue to make payments for upkeep etc. It's not outside the realm of possibility that you could start a swimming club that could sustain itself with membership dues, but most amenities used by clubs near where I am were built and are owned by the municipalities, and the clubs come and go like the seasons."}
{"_id": "242085", "title": "", "text": "Well their money is in the company so it does matter to them. If I give a company $20k and see them blow through cash, throwing money at anything that seems like a business model, I'm going to get very concerned. You have the same issues at a private company, it's just that your shareholders are more heavily invested."}
{"_id": "242124", "title": "", "text": "\"Unquestionably I think the priority should be funding retirement through ROTH/IRA/401K over HSA extra.  Obviously you need to fund your HSA for reasonable and expected medical expenses.  Also there is some floor to your more traditional retirement funding. Beyond that what does one do with excess dollars?  Given the lack of flexibility and fees, it seems clear to do ROTH IRA and 401K. Beyond that what then?  You may want to decide to \"\"take some money home\"\" and pay taxes on it.  Do you have a desire to own rental property or start/purchase a business?  Upgrade your home? etc... If all those things are taken care of, only then would I put money into an HSA. YMMV but most people, maxing a ROTH IRA alone, will have plenty of money for retirement given a reasonable rate of return.\""}
{"_id": "242134", "title": "", "text": "People said the same thing when Priuses came out.  Consumer Reports did a test after 200k miles and found basically no degredation:  http://autos.aol.com/article/toyota-prius-reliability/  The chemistry and pack usage characteristics, plus addition of dedicated cooling systems, make comparisons to cell phone batteries completely invalid."}
{"_id": "242170", "title": "", "text": "Um bad behavior? Are you a school marm? I made a decision and will pay my way out of it, but maybe someone out there wouldn\u2019t mind helping some random person- like me- out. Someone who doesn\u2019t use credit, ever, except for in this scenario. If you\u2019re not gonna read the post and are just looking for someone to talk down to, I can\u2019t take your opinion seriously, because you\u2019re obviously just a prick. Thanks for quoting that data, you\u2019re a lifesaver!"}
{"_id": "242171", "title": "", "text": "\"It's helpful to remember that Charles Ponzi started with a legitimate arbitrage (international postal remittances).  Once purveyors of arbitrage reach a certain scale, there's a natural tendency to become lazy and just forgo the arbitrage and just use new investor money to pay off previous investors.  Banks wouldn't be any different if it weren't for central banks and government participation.  Indeed, the primary reason that the FedResInk came into existence is **because** of ponzi-like bank failures (bankers call them \"\"a run on the bank\"\").  Neoclassical economics is about using the synthesis of state sovereignty and central bank monetary theory to keep the system they've developed intact.  ...and, as fun as it might be to sit back and calculate just how much debt can be created from a life-time of labor proceeds (a couple million for the average person-- completely hypothetical back of the envelope inflation excluded, 4.5x10^14, which is still in middle of the trillions), it would be wise to keep in mind that the last banking crisis, while fundamentally caused by the inability to collect future labor proceeds, was precipitated, not by individuals, but by repurchase agreements propping up extremely leveraged positions made by and between massive investment banks.  So, the thing to remember is that fractional reserve debt issuance banking is like a 10 to 1 transistor that has a fundamental tolerance requirement on the source signal, but that when the source signal fades, it can draw from the surplus signal created by the 10 to 1 amplification (up to a certain point and then the transistor goes up in a puff of smoke).\""}
{"_id": "242177", "title": "", "text": "The wealth of experience that is available at Sommer &amp; Engelhart Attorneys at Law allows them to be prepared for virtually any case. Indeed, the senior partners have over sixty years of experience in the industry. The Fairfield, New Jersey, firm serves a clientele based in and around Essex County."}
{"_id": "242182", "title": "", "text": "Try to buy an airline ticket, rent a hotel room, or rent a car without a credit card. Doable? Perhaps. Easy? Nope. With a debit card, you run the risk of a hotel reserving more than your stay's cost for room service, parking, etc and potentially having a domino effect if other payments bounce.  We just spent 3 nights in NYC, room was just over $1000. Do I really want to carry that much cash?"}
{"_id": "242195", "title": "", "text": "I was clarifying a point someone else made. I don't take any ownership of the claim, however none of what I said is particularly far fetched, especially considering [Wal-Mart has a net income of close to $16,000,000,000 annually](http://finance.yahoo.com/q/is?s=WMT+Income+Statement&amp;annual)  Also, I didn't say that the job *deserves* higher pay. In addition, there's no reason I can see why a pay increase would result in Wal-Mart laying off 30-50% of its workforce. They either need the manpower to operate the stores or they don't, and that financial statement would indicate that they could absorb a slight increase in overhead.  Sorry for the way you were treated there, particularly the 39hr55min a week part. I don't know the ins and outs of Wal-Mart's policies, but I'm guessing this was a way to circumvent a policy that grants certain benefits to 40/hr week workers?"}
{"_id": "242197", "title": "", "text": "\"I worked for a major retailer that offered such extended warranties.  Our profit margin on these \"\"product protection plans\"\" was ~80%.  That should tell you something about how much they are \"\"worth\"\" to the consumer.\""}
{"_id": "242198", "title": "", "text": "It will reduce the credit ding you will take but why does it matter?  Next cycle when it's paid off your credit score will go back to where it was.  Unless you're looking for a loan right now and your credit is marginal why worry about it?"}
{"_id": "242237", "title": "", "text": "This is true, but I also want to point out that this isn't just an average CEO, they had a documentary made about this guy since he was the very *definition* of American excess.   For those who are curious, [This](http://www.youtube.com/watch?v=bqDreqlPe98) is the documentary."}
{"_id": "242238", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cnbc.com/2017/06/28/chinas-debt-surpasses-300-percent-of-gdp-iif-says-raising-doubts-over-yellens-crisis-remarks.html) reduced by 69%. (I'm a bot) ***** &gt; Casrten Brzeski, senior economist at ING said that &amp;quot;High debt levels mean that the debt crisis has not been solved, yet. Neither in the US, nor in the Eurozone. Increasing debt levels in Asia and other emerging market economies also show that a structural change has not yet taken place.\"\"  &gt; According to the IIF, despite the fact that debt levels have slowed down in mature economies, emerging market debt rose 5 percentage points from a year ago.  &gt; &amp;quot;The household debt-to-GDP ratio hit an all-time high of over 45 percent in the first quarter of 2017 -well above the Emerging Market average of around 35 percent. In addition, our estimates based on monthly data on total social financing suggest that China&amp;#039;s total debt surpassed 304 percent of GDP as of May 2017,&amp;quot; the IIF noted.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6p6vug/chinas_debt_surpasses_300_percent_of_gdp_iif_says/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~174153 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **Bank**^#2 **market**^#3 **trillion**^#4 **levels**^#5\""}
{"_id": "242243", "title": "", "text": "I feel sort of conflicted here... literally every pair of shoes I own is a size 13, and they all fit perfectly.  Every pair of shoes I've owned for the past 15 years has been a size 13... I've seen nothing but consistency in this.  Is there a difference perhaps in womens sizing, or what gives?  My own life experiences just dont match what you're saying at all :/  At least as far as length goes... maybe everyones just varying levels of fat and its a width issue for them \u00af\\\\\\_(\u30c4)_/\u00af"}
{"_id": "242263", "title": "", "text": "The made with 100% chicken example is absolutely intended to deceive if it contains anything less than a few % off 100% chicken at the raw ingredients. I think you might be a bit too close to this industry to see the forest from the trees. A minimum of 50% chicken to be able to call it made with 100% chicken is such a low bar to hit that it's crazy. I might agree with you if the min was say 95% but it's not."}
{"_id": "242294", "title": "", "text": "I think everyone assumes various segments of the market/economy are going to cool off at some point. The question isn't if it'll happen, but when, and how suddenly. I don't think it'll be that big of a deal if we see market corrections across stocks or real estate if they happen over the course of months, and if anything it'll be a relief to many. The trouble will be if it happens suddenly and 'violently,' as it did in 2007, causing bankruptcies, massive job losses and lasting damage. That probably depends more on whether or not this was an artificial bubble (caused by Fed policies, likely), like what caused the Great Recession, or if it's a more normal market cycles."}
{"_id": "242298", "title": "", "text": "\"4PM is the market close in NYC, so yes, time looks good.  If \"\"out of the money,\"\" they expire worthless.  If \"\"in the money,\"\" it depends on your broker's rules, they can exercise the option, and you'll need to have the money to cover on Monday or they can do an exercise/sell, in which case, you'd have two commissions but get your profit.  The broker will need to tell you their exact procedure, I don't believe it's universal.\""}
{"_id": "242310", "title": "", "text": "\"Its important to note that aggression, or better yet volatility, does not necessarily offer higher returns.  One can find funds that have a high beta (measure of volatility) and lower performance then stock funds with a lower beta.   Additionally, to Micheal's point, better performance could be undone by higher fees.   Age is unimportant when deciding the acceptable volatility.  Its more important as to when the money is to be available.  If there might be an immediate need, or even less than a year, then stick to a savings account.  Five years, some volatility can be accepted, if 10 years or more seek to maximize rate of return. For example assume a person is near retirement age.  They are expected to have 50K per year expenses.  If they have 250K wrapped up in CDs and savings, and another 250K in some conservative investments, they can, and should, be \"\"aggressive\"\" with any remaining money.     On the contrary a person your age that is savings for a house intends to buy one in three years.  Savings for the down payment should be pretty darn conservative.   Something like 75% in savings accounts, and maybe 25% in some conservative investments.  As the time to buy approaches they can pull the money out of the conservative investments at a optimal time. Also you should not be investing without an emergency fund in place.  Get that done first, then look to invest. If your friend does not understand these basic concepts there is no point in paying for his advice.\""}
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{"_id": "242321", "title": "", "text": "It sounds like you plan to sell sooner or later. If your opinion is that there is still room for the housing market to grow, make your bet and sell later. The real estate market is much less liquid than other markets you might be invested in, so if you do end up seeing trouble (another housing crash) you may be stuck with your investment for longer than you hoped. I see more risk renting the house out, but I don't see significantly more reward. If you are comfortable with the risk, by all means proceed with your plan to rent.  My opinion is contrary to many others here who think real estate investments are more desirable because the returns are less abstract (you can collect the rent directly from your tenants) but all investments are fraught with their own risks. If you like putting in a little sweat equity (doing your own repairs when things break at your rental) renting may be a good match for you. I prefer investments that don't require as much attention, and index funds certainly fit that bill for me."}
{"_id": "242347", "title": "", "text": "Ma Bell was monopolistic because they controlled the pipes; there could realistically, be no competition.  It's hard to call WalMart a monopoly as long as Target, Sears, KMart, Safeway, Amazon, etc etc all still exist.    Just because you dislike a model, does not make it a monopoly."}
{"_id": "242353", "title": "", "text": "With most of the schools following the Phonics method, Sheetal Academy in Chembur is no different, we to use the Phonics approach and we are considered as the Best Phonics Classes in Chembur. One of the main benefits of using phonics is that it teaches children to decipher words on their own, which means they ultimately need less help to read, making them independent learners and efficient readers. Another advantage of learning phonics is that it gives children a foundation for learning new words, thereby building vocabulary and communication skills. Empowered with the knack of Phonics application, children turn out to be fast and fluent readers."}
{"_id": "242359", "title": "", "text": "Bank-to-Bank wire transfer would be the best option. Dollar is going up nowadays, so if he brought the money not so long ago he might even earn the cost of the transfers back through the difference of the exchange rates. Re the IRS - they don't care. Same goes to the Israeli Tax Authority. What you and your friend need to show, if asked, is the paper trail. I.e.: if he brought you the $10K in cash - that may be an issue unless he kept all the receipts for getting it. But for such a low amount you can always resort to claiming it is a gift from you, in this case."}
{"_id": "242368", "title": "", "text": "Partnerships don\u2019t work out unless you clearly define the roles and relationships, hence why most partnerships fail (I usually cringe when I hear partnerships). Also a background check never hurts (think citizenship ID cards). Having a good lawyer helps as well.  I think demonizing an entire country/ethnicity for the failure of your partnership is misguided, but that\u2019s usually how our thinking defaults to when we\u2019re stressed like this. Being emotional is not a trait of good business acumen. Would it make you feel better if you were being lied to by Brits,Indians,Israelis,Nigerians,etc?   You having lived in China for over 10 years should have taught you that there is a get rich quick mentality over there. Hopefully you didn\u2019t put too much money into this venture. I would definitely look into what they are doing in China. Are they break any laws over there? Is your business in compliance with import/export controls in China &amp; US? Is this business relationship still salvageable or should you just walk away?  Most people are not cut out for starting their own business. You might also need to support your wife in the infant stages of this enterprise or hire someone as her assistant. Looks like you have A LOT of work/discussing/brainstorming/debating with your wife before you even get into it with the partners."}
{"_id": "242425", "title": "", "text": "\"You are correct to be wary. Car dealerships make money selling cars, and use many tactics and advertisements to entice you to come into their showroom. \"\"We are in desperate need of [insert your make, model, year and color]! We have several people who want that exact car you have! Come in and sell it to us and buy a new car at a great price! We'll give you so much money on your trade in!\"\" In reality, they play a shell game and have you focus on your monthly payment. By extending the loan to 4 or 5 years (or longer), they can make your monthly payment lower, sure, but the total amount paid is much higher. You're right: it's not in your best interest. Buy a car and drive it into the ground. Being free of car payments is a luxury!\""}
{"_id": "242439", "title": "", "text": "\"This is an opinion, but I think it has more to do with the market's uncertainty about the long-term future of the company without Steve Jobs.  Apple hasn't released anything more than incremental upgrades to its existing product lines since Jobs passed, and while some people would argue about the Apple watch, Jobs played a significant role in its development prior to his death, so that doesn't really count. Whether you like or hate Apple, you had to admire Jobs' passion and creativity, and there's real question as to whether the company can sustain its dominance in the market without the Jobs vision over the long haul.  My guess is that the market is leaning slightly toward the \"\"no\"\" column, but only ever so slightly.  The company continues to deliver fantastic results, but how long will that last of their next products don't wow consumers the way previous ones have?  This skepticism manifests itself in a stock that trades at a lower P/E than it deserves to, but this is just my opinion.   I hope this helps. Good luck!\""}
{"_id": "242443", "title": "", "text": "The main culprit is not fast food.  It is our culture surrounding diet.  All of the bad food and huge portions are because we lack a healthy eating culture.  These restaurants are just giving the people what they want."}
{"_id": "242464", "title": "", "text": "America has the highest corporate taxes in the world.  Moving your business out of the US is a smart decision that will likely end in benefits to the customer...IE lower prices.  But sure, if you want companies to stay in the US and customers to pay higher prices to compensate for those higher taxes..."}
{"_id": "242478", "title": "", "text": "The rounding should always follow the same rule. If the value ends in .01 or .02 then you round to .00. Doesn't matter if it's 10.01 rounding to 10.00 or 0.01 to 0.00. The decision on what a company wants to do if an invoice total is $0.01 or $0.02 would be up to the company. The POS system should follow the rule and round to $0.00 if the method of payment is cash, but the company has the right to not give things away for free.  They can impose a minimum cash invoice amount of $0.05. But you would do this by requiring the customer to add more items to their purchase. You couldn't just round the invoice up to $0.05 and to charge them $0.05 for a $0.01 item It would be similar to companies having a minimum purchase amount when paying by credit card. If their minimum amount is $10.00 and you want to buy something that's $5.00, you either pay cash or add something to your order. They don't just charge you $10.00 for your $5.00 item. I think this would be a extreme edge case where you have an invoice with a total of $0.01 or $0.02, without any discounts, partial payments, etc. If the customer's total was $10.01 and they paid with a $10.00 gift card, the final amount owing of $0.01 would round down to $0.00 and they wouldn't owe any more. If they had paid cash, the total would have rounded to $10.00 anyway.  Similarly, if the customer returned an item and bought a new item, or used coupons, and the total owing was $0.01 or $0.02, then you would round down to $0.00 and they wouldn't pay anything. As BobbyScon said, you can implement some options to allow the company to decide how they want to handle this. You could have an option that doesn't allow a sale to be processed if the total amount is less than $0.03 and the sale doesn't include any discounts, returned items, coupons, etc. The option could be to completely block the sale, require a supervisor override, or just display a warning to the cashier. Best bet is to talk to as many of your current or potential clients as you can to see how they would like this edge case handled. For many, it's probably a mute case since they wouldn't have items that have a unit price less than $0.03. Maybe a place like a hardware store that sells individual nuts, bolts, and washers."}
{"_id": "242501", "title": "", "text": "Basically do some math on the 2 schools. Let's say you know it will take 4 years if you go the cheaper route, at $8k/yr, plus the $300/month, total cost: $46,400. If you (for these purposes) do not have to pay back new loans until school is completed, (and depending on the rate of those loans), you would need approx $6k/yr in loans, plus the same costs ($300/month + $8k/yr to cover the other part of tuition). Let's say the expensive school takes 3 years to complete, which means you're out of pocket $34,800 and in debt an additional $18,000, totaling $52,800. This means that to make the 2nd school worth it (assuming your rates don't kill you, etc) you should have an increased earning potential of at least $6,400/yr after you get your degree. If you can finish in 2 years, your costs are: $23,200 + $12k, and you don't even have to change your earning potential to come out ahead. Other factors to consider are: If you aren't following any of the math, or want to post more information, just comment back to me, and I'll try to explain further. Best of luck!"}
{"_id": "242507", "title": "", "text": "If the Democrats controlled the House the legislation would be equally as crony, bullshit, and corrupt. We just went through the entire ordeal in preventing SOPA from passing, which had explicit support from Democrats. So don't tell me  with a straight face that the parties are any different.   Obama is no different than Romney, the only issue is that Romney is in election mode and Obama has a Congress unwilling to pass any of his laws. If the situation was reversed (Rep white house, Dem congress) it would be equally as fucked up."}
{"_id": "242516", "title": "", "text": "Here is how your CEO has to see it. Of course, eventually most revenues are generated by IT systems but technically IT still is an expense only activity unless of course you are selling the software/services offered by it. According to the US GAAP, software development costs are capitalized when a firm develops a software for its own use (e.g., nice shiny UI show bank's VaR, algorithmic trading engines, internal security infrastructure etc.).  When the software is developed for sale, all the costs are expensed as incurred until the technical feasibility is established after which the costs are capitalized. The income is realized when licenses to use the software or the services provided by it are sold. According to international standards, the treatment for both the use cases shown above is the same --all the costs are expensed as incurred until the technical feasibility is established after which the costs are capitalized. The income is realized when licenses to use the software or the services provided by it are sold."}
{"_id": "242524", "title": "", "text": "Your original example is a little confusing because just shorting for 1k and buying for 1k is 100% leveraged or an infinitive leverage ratio. (and not allowed) Brokerage houses would require you to invest some capital in the trade.  One example might be requiring you to hold $100 in the brokerage.  This is where the 10:1 ratio comes from. (1000/10) Thus a return of 4.5% on the 1000k bond and no movement on the short position would net you $45 and voila a 45% return on your $100 investment. A 40 to 1 leverage ratio would mean that you would only have to invest $25 to make this trade.  Something that no individual investor are allowed to do, but for some reason some financial firms have been able to."}
{"_id": "242529", "title": "", "text": "\"IRA is not always an option. There are income limits for IRA, that leave many employees (those with the higher salaries, but not exactly the \"\"riches\"\") out of it. Same for Roth IRA, though the MAGI limits are much higher. Also, the contribution limits on IRA are more than three times less than those on 401K (5K vs 16.5K). Per IRS Publication 590 (page 12) the income limit (AGI) goes away if the employer doesn't provide a 401(k) or similar plan (not if you don't participate, but if the employer doesn't provide). But deduction limits don't change, it's up to $5K (or 100% of the compensation, the lesser) even if you're not covered by the employers' pension plan. Employers are allowed to match the employees' 401K contributions, and this comes on top of the limits (i.e.: with the employers' matching, the employees can save more for their retirement and still have the tax benefits). That's the law. The companies offer the option of 401K because it allows employee retention (I would not work for a company without 401K), and it is part of the overall benefit package - it's an expense for the employer (including the matching). Why would the employer offer matching instead of a raise? Not all employers do. My current employer, for example, pays above average salaries, but doesn't offer 401K match. Some companies have very tight control over the 401K accounts, and until not so long ago were allowed to force employees to invest their retirement savings in the company (see the Enron affair). It is no longer an option, but by now 401K is a standard in some industries, and employers cannot allow themselves not to offer it (see my position above).\""}
{"_id": "242551", "title": "", "text": "I think something you might want to look at is a service called Dwolla. They charge $0.25 per transaction, and are free for transactions under $10."}
{"_id": "242556", "title": "", "text": "\"If you aren't already contributing the maximum allowable amount, by all means do so. If you are already contributing the maximum, it doesn't matter that much when you make those contributions. Making fixed monthly contributions is done mostly for budgeting reasons. Most of us can't predict fund performance well enough to optimize our contributions (by which I mean, contributing more early if you think the market is going up, but waiting if you think it will go down, following the \"\"buy low\"\" strategy). As for employer matching, check with your company to see how they compute matches. They may match contributions for the year, even if those matching funds are only paid up to a maximum per paycheck. (For example, if you contribute 200% of the match for the first 6 months, then contribute nothing for the remaining 6 months, you may still receive the same matching funds per pay period as if you were contributing 100% throughout the year.)\""}
{"_id": "242560", "title": "", "text": "What do you actually know about their methodology?  Do you have the raw data?  Do you know how they selected the sample?  Did they discover perfect random?  I would guess not. So that probably would mean 100 isnt correct in this context. Not that I doubt this study follows stats best practices perfectly or that the people running a study on employees about a company of a very wealthy individual would be objective/completely without ulterior motive and from some source I dont even actually know the full background of the people who made it but...  I'm non-partisan. I would also just ask, how did that election turn out again with the numerous polls and other research of 1000+, repeatedly at different times over a campaign that seemed to have been like 2+ years long?  Further I dont even know why we are talking about a study of 100 when theres glassdoor with more than 10,000 reviews though it isnt normalized or in an actual study format. The thing to note is that if you compare the types of employees to another tech company like lets say Google/Alphabet or Facebook you have a different distribution in the type of people recruited and that might effect their experience. Amazon does a lot of retail, support and call centers as compared to a lot of engineers with a more educated background. Both are people but theres definitely a difference in the type of person as well as their temperament you get if you go to lets say an urban wal-mart as compared to an Alphabet or Facebook engineer. Have to compare apples to apples and as far as this study goes I dont even know how they like them apples."}
{"_id": "242561", "title": "", "text": "\"&gt; Canyonaros   Eh, not really at all. When I was a kid everyone was buying Suburbans, Navigators, Explorers, Durangos, Sequoias. Big body on frame SUV's that got 15mpg combined.   Most of the stuff selling nowadays is Pilots, RAV4's, CRV's, Sorentos, Compass or other FWD CUV's. They're not the pinnacle of gas mileage efficiency but most will get a full 10mpg higher than the monster SUV's of the 90's/2000's.   Bracing for incomming \"\"my mega-sized SUV always got 25mph always even when towing my trailer, bass boat and with 10 passengers inside\"\" and \"\"these modern crossover crapboxes don't get the mileage they say they do\"\".   Sorry, your V10 Navigator doesn't get better mileage than a 4cylinder Civic with a 6 inch taller roofline.\""}
{"_id": "242563", "title": "", "text": "We have best accumulations of customized gold armlet in the San Diego, CA, within affordable and markdown cost.  Adriana Fine Jewelry has practical experience in an assortment of gems and blessings from everybody in your life.  Shop an assortment of customized gold plated armlets from Adriana Fine Jewelry, including Engravable gold ID wrist trinkets, custom appeal arm ornaments, Personalized gold bracelet, bangles, adaptable birthstone arm ornaments, and name arm ornaments, each highlighting a staggering gold Vermeil wrap up. Our quality gems touches base in a complimentary blessing box, making it easy for you to give as a present to a friend or family member."}
{"_id": "242611", "title": "", "text": "\"Not sure about specific French laws. Assuming its not a political party receiving such donations, and it an normal individual ... General common sense answer would be; but it could very well be a generous donation from someone in the Caimans or Germany The onus would be on you to prove it is a generous donation. What is the threshold between \"\"this money looks like money-laundering\"\" and \"\"this money looks like a generous donation\"\"? There is no threshold. By default if you don't know the source; it is money-laundering.  In particular: is it up to me to explain where the money comes from, or is it the sender's problem?  You have to explain the source of money.  That the Bank in Germany may have to do its own due-diligence is separate from your having to explain the source of funds.\""}
{"_id": "242654", "title": "", "text": "Note: I am in the UK. I don't know specifically about australia but I expect the general principles will be much the same everywhere. What banks want is to be reasonablly confident that you have a steady income stream that will continue to pay the mortgate until it completes.  In general employed are fairly easy to assess. Most employed people will have a steady basic pay that increases through their career. Payslips will usually seperate-out basic pay, overtime and bonuses. There is little opertunity to cook the books. The self-employed are harder to assess. Income can be bursty and there are far more opertunities for cooking the books to make it look like you are earning more than you really are. So banks are likely to be far more careful about lending to the self-employed, they will likely want to see multiple years of buisness records so that any bursts, whether natural due to the ebbs and flows of buisness or deliberatly created to cook the books average out and they can see the overall pattern. A large deposit will help because it reduces the risk to the bank in the event of a default. Similarly not being anywhere near your limit of affordability will help."}
{"_id": "242663", "title": "", "text": "\"Some thoughts on your questions in order, Duration: You might want to look at the longest-dated option (often a \"\"LEAP\"\"), for a couple reasons. One is that transaction costs (spread plus commission, especially spread) are killer on options, so a longer option means fewer transactions, since you don't have to keep rolling the option. Two is that any fundamentals-based views on stocks might tend to require 3-5 years to (relatively) reliably work out, so if you're a fundamental investor, a 3-6 month option isn't great. Over 3-6 months, momentum, short-term news, short squeezes, etc. can often dominate fundamentals in determining the price. One exception is if you just want to hedge a short-term event, such as a pending announcement on drug approval or something, and then you would buy the shortest option that still expires after the event; but options are usually super-expensive when they span an event like this. Strike: Strike price on a long option can be thought of as a tradeoff between the max loss and minimizing \"\"insurance costs.\"\" That is, if you buy a deeply in-the-money put or call, the time value will be minimal and thus you aren't paying so much for \"\"insurance,\"\" but you may have 1/3 or 1/2 of the value of the underlying tied up in the option and subject to loss. If you buy a put or call \"\"at the money,\"\" then you might have only say 10% of the value of the underlying tied up in the option and subject to loss, but almost the whole 10% may be time value (insurance cost), so you are losing 10% if the underlying stock price stays flat. I think of the deep in-the-money options as similar to buying stocks on margin (but the \"\"implied\"\" interest costs may be less than consumer margin borrowing rates, and for long options you can't get a margin call). The at-the-money options are more like buying insurance, and it's expensive. The commissions and spreads add significant cost, on top of the natural time value cost of the option. The annual costs would generally exceed the long-run average return on a diversified stock fund, which is daunting. Undervalued/overvalued options, pt. 1: First thing is to be sure the options prices on a given underlying make sense at all; there are things that \"\"should\"\" hold, for example a synthetic long or short should match up to an actual long or short. These kinds of rules can break, for example on LinkedIn (LNKD) after its IPO, when shorting was not permitted, the synthetic long was quite a bit cheaper than a real long. Usually though this happens because the arbitrage is not practical. For example on LNKD, the shares to short weren't really available, so people doing synthetic shorts with options were driving up the price of the synthetic short and down the price of the synthetic long. If you did actually want to be long the stock, then the synthetic long was a great deal. However, a riskless arbitrage (buy synthetic long, short the stock) was not possible, and that's why the prices were messed up. Another basic relationship that should hold is put-call parity: http://en.wikipedia.org/wiki/Put%E2%80%93call_parity Undervalued/overvalued options, pt. 2: Assuming the relationship to the underlying is sane (synthetic positions equivalent to actual positions) then the valuation of the option could focus on volatility. That is, the time value of the option implies the stock will move a certain amount. If the time value is high and you think the stock won't move much, you might short the option, while if the time value is low and you think the stock will move a lot, you might buy the option. You can get implied volatility from your broker perhaps, or Morningstar.com for example has a bunch of data on option prices and the implied components of the price model. I don't know how useful this really is though. The spreads on options are so wide that making money on predicting volatility better than the market is pretty darn hard. That is, the spread probably exceeds the amount of the mispricing. The price of the underlying is more important to the value of an option than the assumed volatility. How many contracts: Each contract is 100 shares, so you just match that up. If you want to hedge 100 shares, buy one contract. To get the notional value of the underlying multiply by 100. So say you buy a call for $30, and the stock is trading at $100, then you have a call on 100 shares which are currently priced at $10,000 and the option will cost $30*100=3,000. You are leveraged about 3 to 1. (This points to an issue with options for individual investors, which is that one contract is a pretty large notional value relative to most portfolios.)\""}
{"_id": "242698", "title": "", "text": "You can't be arrested or jailed in the UK for owing money (hasn't been true for about a hundred years). Unless it's a large unpaid fine or a tax bill, and probably not even then. Neither police nor immigration have any interest in who you owe money to."}
{"_id": "242699", "title": "", "text": "&gt; Is Intel (and Disney, etc) planning or already replacing American workers with H1B Visa foreigners? Yes or no?  &gt; Is Trump already started and planned to stop the H1B Visa program to Make America Great? Yes or no?  &gt; So who's the Nazi and/or/both enemy of the USA? Trump and me, or, Intel and you (defending Intel)?"}
{"_id": "242707", "title": "", "text": "when weed growing is decriminalized, i will not pay eighty dollars for a small sack of it, because now i will be able to go over to my friend billys house and he will give me a large sack of it for five bucks, which he now does anyways, but he only does this for his very good friends, cuz he doesnt want to go to prison and lose him home and his family and he tells me that he would rather live in his house rather than living in prison, lol..  the value of weed will drop thru the floor when i can grow it and not risk losing my freedom and my family and all of my assets, not to mention the criminal record that would prevent me from ever living a productive life ever again.  if i said that no person would pay for weed, that is not really what i meant to say....  i meant to say that there will be a lot of weed floating around and you wont need to pay $250.00 per ounce for it, but instead you will probably get an ounce of decent weed for $30.00  funny story, when i was in california there was a weed club that i used to go to, and they were at risk to lose their license to sell weed, and the country bumpkins that worked there put a sign up that basically said this:  DONT MAKE US QUIT SELLING WEED, LOL..  CUZ WE DONT REALLY LIKE SELLING CRACK,  BUT IF WE CANT SELL WEED, WE WOULD HAVE TO GO BACK TO SELLING CRACK.  i am not kidding, they put this sign up where all of the customers could see it.  i almost peed on myself when i read it."}
{"_id": "242730", "title": "", "text": "Quite we purchase gold item at wedding or engagement purpose. At the time gold ring prices in UAE become a bit of high, so if you purchase in off season then may it decrease. Visit our online store for the best price."}
{"_id": "242733", "title": "", "text": "I am a realtor. For our rental business, we use a service that offers a background check. It costs us about $25, and it is passed along in the form of an application fee.  I suggest you contact a local real estate agent who you know does rentals. Have a conversation about what you are doing, and see if they will help process the application for you, for a fee of course. If you are truly concerned about your safety (The text you wrote can either read as true concern or sarcasm. Maybe we are really in a wild country?) It's worth even a couple hundred bucks to screen out a potential bad roommate."}
{"_id": "242737", "title": "", "text": "Same thing happened to me in the express checkout lane recently. Her total was less than $20 - I can't imagine writing a check for such a small amount.   I get it, old habits die hard, and some people are adamant about tracking their finances manually and carbon copies make that pretty dang easy, but I wish more businesses would stop accepting checks to hurry their extinction along."}
{"_id": "242738", "title": "", "text": "So quite obviously we control only parts of Kabul, I wonder when are we going to get to the Mining Minerals part.  I think it would far cheaper to invite Ghani to the White house and dig deep into his butt for valuable stuff behind the closed doors of the White house.  It would be a shame for the Orange carrot to leave the White house  virgin"}
{"_id": "242757", "title": "", "text": "Is that your business tact - resort to ad hominem attacks when you are simply out matched?   If I were OP I would stay very far away from any advice you give, you are clearly unstable.   It's ok if you are jealous."}
{"_id": "242773", "title": "", "text": "What official actions has Trump taken to push the market?    It seems to me the market is responding to a belief that regulations won't be enforced or pared back and that maybe tax reform (e.g., tax cuts for the wealthy) may be enacted.    Meanwhile with the Muslim travel ban, states are losing billions of dollars of locally generated income because foreigners of all types are slowing travel."}
{"_id": "242777", "title": "", "text": "A lack of experience and judgement would certainly describe your posts where you are concerned about Sears' employees.  They should get a job at Panera bread with very little lost in income. Problem solved.  The larger issue is the vaccum of higher paid jobs going overseas or companies milking the same old tired business models for less and less profit every year."}
{"_id": "242807", "title": "", "text": "So let me get this straight....  The CEO of Sears did a deal with another company he runs, his hedge fund.  So he gives Sears a $200mil line of credit with a 9.75% interest rate.  So, the only winner here is Eddie.  Either he saves Sears with the line of credit (zero chance of that happening), or worst case, Sears fails and he still makes his 9.75% on the $200mil.  Somehow I have a feeling this debt is going to be the first to be paid by Sears each month...  This is basically a $20mil gift from a bleeding Sears to Eddie."}
{"_id": "242835", "title": "", "text": "\"Which is one reason why I don't sell stock until I need to. A couple months ago, my largest index fund investment dropped pretty hard, and I just said \"\"well, I'll just wait for it to come up again.\"\"\""}
{"_id": "242843", "title": "", "text": "As process based performance improvement professionals, we have come to terms with the fact that there is a long standing epidemic among organizations world-wide.  Almost all of the organizations that have attempted to reduce costs and improve quality, and failed are suffering from Not Invented Here Syndrome (NIHS), or even worse That Won\u2019t Work Here Disease (aka, We\u2019re Different/Special).   Identifying the symptoms is easy for an outsider however; the difficulty is accepting that you yourself may have been infected."}
{"_id": "242849", "title": "", "text": "Simple math. Take the sale proceeds (after trade expenses) and divide by cost. Subtract 1, and this is your return. For example, buy at 80, sell at 100, 100/80 = 1.25, your return is 25%. To annualize this return, multiply by 365 over the days you were in that stock. If the above stock were held for 3 months, you would have an annualized return of 100%.  There's an alternative way to annualize, in the same example above take the days invested and dive into 365, here you get 4. I suggested that 25% x 4 = 100%. Others will ask why I don't say 1.25^4 = 2.44 so the return is 144%/yr. (in other words, compound the return, 1.25x1.25x...) A single day trade, noon to noon the next day returning just 1%, would multiply to 365% over a year, ignoring the fact there are about 250 trading days. But 1.01^365 is 37.78 or a 3678% return. For long periods, the compounding makes sense of course, the 8%/yr I hope to see should double my money in 9 years, not 12, but taking the short term trades and compounding creates odd results of little value."}
{"_id": "242850", "title": "", "text": "\"As a common shareholder, why would I want to approve an increase in the number of authorized shares?\"\" Because it could increase the value of your existing shares. Companies sell new shares to raise capital, and they use capital to (among other things) expand. If Whole Foods issues new shares and uses the capital to opens new stores, then profit could increase enough to offset the dilution effect, and your stock price will go up. You should ask yourself:  What areas is is your company of choice planning on expanding into? Will they do well there? Are there better ways for the company to raise capital (debt, cash in hand, cut expenses elsewhere, etc)? If you think that the management has a good plan for expanding, then authorizing new shares makes good sense for you personally.\""}
{"_id": "242875", "title": "", "text": "Whole Foods will not get one cent of my money as long as they have homeopathic bullshit on the shelves next to actual medicine.    Pretending they're somehow ethical is nonsense.  They are simply exploiting consumers that don't realize they suffer from the naturalistic fallacy."}
{"_id": "242903", "title": "", "text": "Using the following loan equations where  and With the balance b[n] in period n given by Applying the OP's figures Check & demonstration Switching to $96 payment every 10 days, with 365.2422 days per year  Paying $96 every 10 days saves $326.85 and pays the loan down 2.68 months quicker."}
{"_id": "242923", "title": "", "text": "\"You will need to set up accounts in your chart of accounts for each of the partners. These are equity accounts where you can track your contributions, share of the profits and losses, and distributions. You're going to have to go back into the beginning years to get this right. I'm not sure what you mean by a \"\"Built-in function\"\". All the accounting software I'm familiar with requires data entry of some kind. You need to post your contributions and distributions to the correct accounts, and close properly at year end. You were indeed legally considered a partnership as soon as you started a for-profit business venture together. It's a bug in the legal system that a written partnership agreement is not necessarily required - you can form a partnership unknowingly. (BTW, a partnership actually is pretty far off from a sole proprietorship, legally and taxwise - the change from one person to two is major. It's the change from two to three or four or more that's incremental ;) I know you said you didn't want to consult a professional, but I have to say that I think it's worth the money to get your books set up by someone who has experience and can show you how to do it. And get a separate bank account for the partnership, if you haven't done so already. And check with your state to see if there are any requirements regarding partnerships. Hope this helps, Mariette IRS Circular 230 Notice: Please note that any tax advice contained in this communication is not intended to be used, and cannot be used, by anyone to avoid penalties that may be imposed under federal tax law.\""}
{"_id": "242931", "title": "", "text": "\"All I can say, after reading your story, is that if your boss would truly be \"\"put in a difficult position\"\" if you quit, then she's in the position to have to pay you.  If the business cannot survive without an unpaid intern, you shouldn't be wasting your time there.\""}
{"_id": "242934", "title": "", "text": "If the expense ratio of the fund is 0.00% then yes.  However, if the fund has expenses of 1% then if the NAV of the fund is $10/share the expenses would cause you to see only $.002 a share and thus you'd have $.10 in total as the expenses first cut down the yield."}
{"_id": "242976", "title": "", "text": "\"Regarding tax deferred retirement plans you said:  \"\"In fact, I would dare say that in most cases, people end up paying more in taxes, because they pay it as regular income rather than LTCG.\"\"  And that's totally wrong.  Maybe you should re-read my post because I in no way agree with that.  The ordinary rate being higher than the LTCG rate was never in dispute.  That point isn't even relevant.\""}
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{"_id": "242986", "title": "", "text": "\"Apple's share of the US smartphone market is 34%. It is consistently #1 or 2 in most markets, shy of Asia that has super competitive smartphone options.   Apple is also sitting on stacks, and stacks, and yet more stacks of cash.  Believe me, I love Tesla and hope to see them do well. At this point they are riddled with debt, yet to turn a profit, have a paltry market share and are leveraging all of this yet again with another round of debt funding. Their entire business model is built on government subsidies.  Sorry, Tesla hasn't proven a damn thing in terms of establishing them as an automotive power and they have a LONG way to go. Neat ideas, pretty good execution, but seriously enough with saying we should just \"\"make new metrics\"\" for a company because they continually under-perform.\""}
{"_id": "242992", "title": "", "text": "It's a great comparison for most random investors. Most people/institutions putting money into hedge funds are usually working on a different risk strategy, and also not likely putting all their money in one fund.   The same reason why we don't bench bond funds against the S&amp;P is why it is not a good benchmark against hedge funds."}
{"_id": "242994", "title": "", "text": "Yes I have. Most modern people would die within days of being dropped into a wilderness.  In historical hunter-gatherer societies, people receive extensive survival training during their childhood (just as modern children are trained to survive in a modern society). They learn to know where food where food can be found, what is good to eat, etc, etc...  If the environment is not one that easily supports survival (with training), then there tend to be fewer people there."}
{"_id": "243001", "title": "", "text": "FedEx, at least, makes it a viable profit center.  We ship a lot, so we get around a 50% discount on freight.  Coupled with using our own freight insurance, we can charge a customer $100 to ship something that would cost them $300 if they used their own account, and still make money."}
{"_id": "243019", "title": "", "text": "You are right. This is an oil and gas construction company. Honestly speaking, I have very little information concerning their procedures for hiring and interviewing candidates. The only thing I know is that they have a department of financial analysis and modeling. As you said, that lacks specifics. I would be more interested in development in corporate finance."}
{"_id": "243065", "title": "", "text": "\"This is a very complicated thing to try to do. There are many variables, and some will come down to personal taste and buying habits. First you need to look at each of the loans and find out two very important things.  Some times you pay a huge penalty for paying off a loan early. Usually this is on larger loans (like your mortgage) but it's not on heard of in car loans. If there is a penalty for early re-payment, then just pay off on the schedule, or at least take that penalty into consideration. Another dirty trick that some banks do is force you to pay \"\"the interest first\"\" when making a early payment.  Essentially this is a penalty that ensures you pay the \"\"full price\"\" of the loan and not a lessor amount because you borrowed for less time. The way it really works is complicated, but it's not usually to your benefit to pay these off early either. These usually show up on smaller loans, but better look for it anyway.  Next up on the list you need to look at your long term goals and buying habits. When are you going to re-model your kitchen. You can get another loan on the equity of the house, it's much harder to get a loan on the equity of a car (even once the car is paid off). So, depending on your goals you may do better to pay extra into your mortgage, then paying off your other loans early.  Also consider your credit score. A big part of it is amount of money remaining on credit lines/total credit lines. Paying of a loan will reduce your credit score (short term). It will also give you the ability to take out another loan (long term).   Finally, consider simplification of debtors. If something goes wrong it's much easier to work with a single debtor, then three separate debtors. This could mean moving your car loans into your mortgage, even if it's at a higher interest rate, should the need arise. Should you need to do that you will need the equity in your home.  Bonus Points: As others have stated, there are tax breaks for people with mortgages in some circumstances. You should consider those as well. Car loans usually require a different level of insurance. Make sure to count that as well. Taking these points into consideration, I would suggest, paying off the 2.54% car loan first, then putting the extra $419.61 into your mortgage to build up more equity, and leaving the 0% loan to run it's full course. You all ready \"\"paid for\"\" that loan, so might as well use it. Side note: If you can find a savings account or other investment platform with a decent enough interest rate, you would be better served putting the $419.61 there. A decent rate ROTH-IRA would work very nicely for this, as you would get tax deferment on that as well. Sadly it may be hard to find an account with a high enough interest rate to make it a more attractive option the paying off the mortgage early.\""}
{"_id": "243079", "title": "", "text": "\"Funny thing is I've sat in on conference calls where I've hear managers start the call saying the performance this month/year/week/day has not been as strong because they are \"\"waiting for the top down approach to pay off\"\" and then on the same call they praise their own 'bottom up approach that no one else uses'   I think the only thing you forgot to mention so far is 'smart beta'\""}
{"_id": "243092", "title": "", "text": "I hate this argument. Budweiser is one of the highest quality products ever produced. Every single one is exactly like every other one, worldwide, and for several decades. They pay shit tons of money to keep it that way too. They are the largest because that is what people want.  That said, it is a shit American pilsner brewed with rice adjuncts, and I despise it."}
{"_id": "243096", "title": "", "text": "I'll speak for the person you replied to. You have the right answer (I've experienced enormous success doing exactly as you suggest), but you don't have all the inputs fully understood.  Depression kills people and steals futures. It's not the same thing as when your cell phone breaks or your parents die, as much as those suck too. It's far more serious and equally as difficult to understand without seeing it or experiencing it.  I hope this person can find a path forward. I'm one of the lucky ones, but it took a lot of hard work- the same type you are prescribing here.  Mental health is a jungle you have to fight your way out of. Some people assume the jungle never ends, others die of exposure. And those who do emerge aren't the same as when they went in. But that's ok. Life goes on, you find a way to adjust, the same way you might replace a broken cell phone. I'm gonna shut up now but there's a lot that needs to be understood on what is one of the largest health issues in the world."}
{"_id": "243115", "title": "", "text": "Investment banks don't have to buy anything. If they don't think the stock is worth buying - they won't. If they think it is - others on the secondary market will probably think so too. Initial public offering is offering to the public - i.e.: theoretically anyone can participate and purchase stocks. The major investment firms are not buying the stocks for themselves - but for their clients who are participating in this IPO. I, for example, receive email notifications from my brokerage firm each time there's another IPO that they have access to, and I can ask the brokerage to buy stocks from the IPO on my behalf. When that happens - they don't buy the stocks themselves and then sell to me. No, what happens is that I buy a stock, through them, and they charge me a commission for the service. Usually IPO participation commissions are higher than regular trading commissions. Most of the time those who purchase stocks at IPO are institutional investors - i.e.: mutual funds, pension plans, investment banks for their managed accounts, etc. Retail investors would probably not participate in the IPO because of the costs, limited access (not all the brokerage firms have access to all the IPOs), and the uncertainty, and rather purchase the stocks later on a secondary market."}
{"_id": "243120", "title": "", "text": "Today, you can have any theme for your party. Whatever your child likes at the time, we can all the supplies that you need to match up Birthday party halls in dubai. This includes table covers, chair covers, cake decorators and gift bags for the guests. These things are all your responsibility if you choose to do your party at home. They provide a playing area as well as a hall for the party. You can set a theme for the party."}
{"_id": "243140", "title": "", "text": "Different exchanges sometimes offer different order types, and of course have different trading fees.  But once a trade is finished, it should not matter where it was executed."}
{"_id": "243141", "title": "", "text": "\"It's funny seeing people freak out about budget cuts.  \"\"dismantling our institutions\"\" lol.   The government shutdown a few years back.  In order for people to \"\"feel\"\" it, Obama shut down national parks and monuments.  Just so people would notice!  Believe it or not, we could do away with a lot of government organizations.  Issue is politicians propagandize people into thinking our core institutions are under threat if there are budget cuts.\""}
{"_id": "243148", "title": "", "text": "How can you classify monarchy, empire or theocracy as even remotely meritocratic? That just makes no sense to me. Those things are pretty much the complete opposite of meritocracy.  If you want to elevate humanity, we need abundance. You're right to point out that we should aim to achieve a state where everyone can afford to take risks, but what you're describing is income mobility. You are suggesting that people who are willing to work hard and contribute to the world ought to be justly rewarded for their efforts, and I agree."}
{"_id": "243157", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://reuters.com/article/idUSKBN18V0BM) reduced by 89%. (I'm a bot) ***** &gt; Macron campaigned on a promise to &amp;quot;Rebuild&amp;quot; Europe through deeper integration of the euro zone, the 19-nation currency zone which ranks as one of the EU&amp;#039;s biggest achievements but which critics say is still work in progress 18 years after its launch.  &gt; SMALL STEPS. At the heart of Macron&amp;#039;s plan for Europe is the creation of a euro zone finance minister who would oversee a pooled budget for investments and transfers intended to help euro zone members cushion downturns.  &gt; &amp;quot;When Britain leaves, 85 percent of the EU budget will be financed by members of the euro zone. You don&amp;#039;t need an extra budget for the euro zone on top of that,&amp;quot; he said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fnxv9/hurdles_to_francogerman_bargain_on_euro_zone_are/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~138002 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Macron**^#1 **zone**^#2 **euro**^#3 **Merkel**^#4 **Europe**^#5\""}
{"_id": "243163", "title": "", "text": "With the netural position delta strategy under high IV returns short vega,there is a possibility to profit from a decline in IV. Of course, if volatility rises higher, the position will lose money. It is therefore best to establish short vega delta-neutral positions when implied volatility is at levels that are in the 90th percentile ranking."}
{"_id": "243168", "title": "", "text": "This would be stupid; and I wonder about the journalist who wrote that, but Google is hardly stupid.  Google doesn't make money giving browsers away; Google makes money keeping you online as much as possible, creating the biggest possible mess of online data, private or public, so that you need them to search through it; in the process they get to know you best, and display the most relevant ads for you.  To keep you online, Google needs the online experience to be better than the desktop applications based experience. They need to push web technologies progress forward as hard and fast as possible.  To organize the web, they need data to be fairly open and standard. For instance, Facebook is completely closed, and although it contains amazingly valuable information, which Google could turn into truckloads of advertising money, they don't make a dime because they can't read it.  That's why Google subsidized Firefox, before getting a second life insurance with Chrome: if Microsoft, or Apple, or Facebook, ends up owning a browser with 90% market share, they define de facto web standards, and you can bet they'll define them in a way which neutralizes Google. Google vitally needs open browsers, and it needs them to be good enough to keep a critical market share. With this respect, it doesn't matter much whether it's Firefox or Chrome, it simply has to be neither MS' nor Apple's nor FB's.  Now Chrome has a big advantage compared to Firefox: Google decides exactly what goes in it. It allows Google to accelerate the adoption of new protocols, such as SPDY or offline mode support, by simply ordering its employees to put them in Chrome. It only works if Chrome is good enough to maintain a critical market share, of course; and if a proposal is good enough and open sourced, it will eventually end up in Firefox (which, remember, has nothing to refuse to Google).  So the only advantage Google would get from killing the Firefox deal is that they'd save the $1e8. What are the negative outcomes?  * they'd lose the right to pretend they strive not to be evil. Among numerous impacts, it's not unlikely that geeks will boycott Chrome in retaliation. And there's a risk that they find a smart way to seriously harm it.  * If they propose a new standard today, they implement it in Chrome; if it's picked up a year later by Firefox, that's a momentum of adoption among leading web browsers. If Firefox dies, and Google puts an extension in Chrome, that's just Google putting a proprietary Google-extension into their Google-browser for their Google-websites, nothing to write home about. No momentum, no adoption, no risk that Apple or MS will ever be pressured into supporting it in their browsers.  I'd bet they'd rather go on paying than taking so much risks."}
{"_id": "243182", "title": "", "text": "&gt;[**\u041c\u043e\u0449\u043d\u044b\u0439 \u043f\u0440\u043e\u0435\u043a\u0442 Oscarbit! \u0417\u0430\u0440\u0430\u0431\u043e\u0442\u043e\u043a \u0441 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u044f\u043c\u0438 \u0438 \u0431\u0435\u0437 \u043d\u0438\u0445! \u041f\u043b\u044e\u0441 \u043a\u0440\u0430\u043d 100 \u0441\u0430\u0442\u043e\u0448\u0438 \u0432 \u0447\u0430\u0441! \u0411\u0443\u0434\u044c \u043f\u0435\u0440\u0432\u044b\u043c! [5:14]**](http://youtu.be/r6NpMBW_JYc)  &gt;&gt;\u041d\u043e\u0432\u044b\u0439 \u0438 \u043a\u043b\u0430\u0441\u0441\u043d\u044b\u0439 \u043f\u0440\u043e\u0435\u043a\u0442 Oscarbit! \u041c\u043e\u0436\u043d\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0438 \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439 \u043d\u0430 \u043a\u0440\u0430\u043d\u0435 100 \u0441\u0430\u0442\u043e\u0448\u0438 \u0432 \u0447\u0430\u0441! \u043d\u043e \u0442\u0430\u043a \u0436\u0435 \u0432\u043b\u043e\u0436\u0438\u0432 \u043d\u0435\u0431\u043e\u043b\u044c\u0448\u0443\u044e \u0441\u0443\u043c\u043c\u0443 ,\u0432\u044b \u043c\u043e\u0436\u0435\u0442\u0435 \u043f\u043e\u043b\u0443\u0447\u0430\u0442\u044c \u0434\u043e 10% \u0432 \u0441\u0443\u0442\u043a\u0438 \u043e\u0442 \u0441\u0443\u043c\u043c\u044b \u0434\u0435\u043f\u043e\u0437\u0438\u0442\u0430 ! \u041e\u0441\u0442\u0430\u043b\u0438\u0441\u044c \u0432\u043e\u043f\u0440\u043e\u0441\u044b, \u041f\u0438\u0448\u0438\u0442\u0435 \u0432 \u041b\u0421!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^0 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "243194", "title": "", "text": "The KOHLER engine is designed to help you achieve more than you imagined. They are great engines manufactured with obsession for perfection and performance. A KOHLER engine is crafted for strong, dusty and rugged application, where it can deliver the demands of an operation, enduring long hours of patient rigorous work."}
{"_id": "243203", "title": "", "text": "Shop around a bit. You can probably do better than $5k. See this calculator to decide if your payoff period will happen before you think you'll move. If you're at 8% now it may come sooner than you think -- especially if you can lower that closing cost estimate and still get a good rate."}
{"_id": "243207", "title": "", "text": "&gt; TK didnt lose investor tens of billions of dollars.   Uber has spent close to $13B.   &gt; Also, for the past several years the whole market rewards growth over earnings, so that helped guys like Musk and Kalanick quite a lot and to a lessor degree, Bezos and Reddings.  Growth of a model with positive unit economics. It's one thing to have positive unit economics and use your margins to 1) accelerate customer acquisition or 2) build infrastructure that reduces your costs.   It's another entirely to have negative unit economics and require subsidy just to continue providing your service at all.   &gt; For all assets, investor profits come from either earnings or valuation growth and Kalanick provided quite a bit of the latter.  Sure, investors may have the opportunity sell their stock before it crashes, just as some home sellers made a killing right before the housing bubble popped. That's why TK was forced from the company, his investors are trying to get Uber into IPO-able shape so they can ditch their stock before people realize how worthless it is."}
{"_id": "243219", "title": "", "text": "It seems there is never a reason to have a gap. Unless you spent that time watching TV, you were still working, even if the pay was lousy. Even the act of looking for employment is a startup business exploring the sales and marketing space. If you actually wanted that time to watch TV, you can list a sabbatical."}
{"_id": "243232", "title": "", "text": "There's a bunch of publicly traded companies in Canada. Canopy Growth, CanniMed, MedReleaf, and a few others that are slipping me right now.  You can also go to Motif Investing and look at all the marijuana ETF's which will also have the underlying stock."}
{"_id": "243249", "title": "", "text": "IRR of an investment can give an idea as to the flexibility of the cash flows to absorb changes in the discount rate, whereas NPV may be positive because of an overly conservative discount rate; so you like to look at both along with other metrics to get a better idea.  The profitability is in the difference between the investment's IRR and your cost of capital."}
{"_id": "243268", "title": "", "text": "\"This doesn't say the whole story (like the length of the HELOC). if you have 15 years left on a mortgage and \"\"refinance\"\" into a 30 year HELOC then yes, your payments maybe 20% lower, but you add 15 years to pay it off.  Just remember that interest occurs daily on what you owe. If you move 100K of debt from 5% mortgage to 6% HELOC you'll be paying more to the banks no matter how you slice it.\""}
{"_id": "243276", "title": "", "text": "\"There's another line of business based on the theory of perpetual incremental growth. It's called a \"\"pyramid scheme\"\"  In the longlongago, there were two general types of stock: growth stocks and income stocks.   Growth stocks were generally smaller businesses that were still, well, growing. You didn't expect much of a dividend from them because they were reinvesting profits into growing into new markets. The focus was on capital growth.   Once a company got fairly large and mature, then the expectation of capital growth tapered off because back then reasonable investors recognized it's insane to expect that a company can grow forever. Then, while there may be some ongoing capital growth, the major focus was on dividend income - getting a piece of the profits a large, established company could pull in.   The dotcom (among other things) broke that. People got obsessed with capital growth and instant returns. The idea of a decent yield over time became laughable. Instead a company had to show a percentage year over year growth or they got filleted by Wall Street.   If you put one penny on the first square of a checkerboard, then two pennies on the next, then four pennies on the square after that... once you fill the entire checkerboard how much money do you have?\""}
{"_id": "243277", "title": "", "text": "\"&gt; And likewise with the \"\"IT shouldn't actually charge-back labor\"\" -- you still create the \"\"endless pool of resources\"\" problem, just in the form of labor rather than equipment.  You seem to have missed half the plan. My suggestion to not charge back hours is meant to work with the idea of giving each department a budget in terms of hours.\""}
{"_id": "243280", "title": "", "text": "If you want to show your company\u2019s financial strength to the seller upon signing a contract with your supplier for purchasing commodities, we, Bronze Wing Trading LLC as a direct provider can facilitate such Bank Comfort Letter - Letter of Comfort via MT799 to the seller's bank account."}
{"_id": "243287", "title": "", "text": "\"This is a very interesting question.  Unfortunately, in the way you wrote the question the answer is no.  Essentially, you would be asking someone to give you a ~20% return for your cash on something that is almost guaranteed when holding your cash only gets them a <1% return.  Would anyone take the other side of that deal? Interestingly though, you can to some extent hedge surprises in health care costs.  For instance, investing in the healthcare industry as David Rice suggests is a partial hedge.  The prices of those industry stocks already has future expected cost increases included. However, if costs were to jump even higher than expected you would gain some of the added cost you would pay in healthcare back. Not that I recommend this strategy, as you lose diversification, but this is a valid and reasonable reason to slightly overweight american healthcare companies for someone in your situation.   Note that the Wiki article you mention talks about hedging surprises as well.  \"\"If at planting time the farmer sells a number of wheat futures contracts equivalent to his anticipated crop size, he effectively locks in the price of wheat at that time.\"\"  Thinking that way you may actually be able to buy health insurance now for two or three years in the future essentially locking in expected price increases today.  Probably not the answer you were looking for, but the best analogy for what financial hedging truly does.\""}
{"_id": "243295", "title": "", "text": "That contradicts both what I have written, and my personal experience. I am saying that we currently do educate people, and we don't mold them for jobs, even though that is what students are sold when they apply to college, and it's certainly what they pay up to six figures for."}
{"_id": "243304", "title": "", "text": "\"Be very careful about terminology when talking about annuities.  You used the phrase \"\"4% return\"\" in your question.   What exactly do you mean by that?   An annuity that pays out 4% of its principle is not giving you a \"\"4% return\"\" in the sense of ROI, because most of that was your money to begin with.   But to achieve a true 4% return in the current environment where interest rates are at historic lows on anything safe (10 year UK Gilts at 0.91%) would make me very nervous about what the insurance company is investing my annuity in.\""}
{"_id": "243306", "title": "", "text": "You can write off the lease expenses for forever at full price.  I am working a few build to suite buildings right now.  I offer reasonable terms and keep getting asked where else I'd like to build at."}
{"_id": "243317", "title": "", "text": "\"At minimum, we need to incorporate and give property rights to our commons sector.  If everyone uses something, the something should be managed to maintain itself rather than requiring a constant \"\"input\"\" of tax dollars, generating a constant political struggle to maintain funding levels.\""}
{"_id": "243333", "title": "", "text": "Seems like the doctor's office is not very organized. Ask for a line itemized bill. You want the date and the specific service(s) performed on those dates. If the bill seems fair and correct, try to negotiate cash discount payment. Ask how much they would settle for if you paid cash. If it is higher than you were thinking, say you were not expecting this sudden bill and if they would accept $xxx. If they say yes, great. If not, try to compromise, pay the suggested offer, or not pay and hope they don't send it to collections."}
{"_id": "243354", "title": "", "text": "What is democratic about today's government?  Because we get to choose between two predetermined candidates, neither of whom represent any of us?  The government is exclusively controlled by the rich, and only the rich win elections.  There are only two parties and both are largely similar.  I have never been represented before.  I have never had a proper say.  The government is illegitimate in my eyes, and I have no recourse whatsoever.  Telling me to launch a multi-million dollar campaign is not a realistic option.  I don't have millions, and I don't know millionaires."}
{"_id": "243356", "title": "", "text": "\"You cannot deduct commute expenses. Regarding your specific example, something to consider is that if the standard of living is higher in San Francisco, presumably the wages are higher too. Therefore, you must make a choice to trade \"\"time and some money for commuting costs\"\" for \"\"even more money\"\" in the form of higher wages. For example, if you can make $50K working 2 hours away from SF, or $80K working in SF, and it costs you $5K extra per year in commute costs, you still come out ahead by $25K (minus taxes). If it ends up costing $20K more to live in SF (due to higher rent/mortgage/food/etc), some people choose to trade 4 extra hours of commuting time to put that extra $20K in their pocket. It's sort of like having an extra part time job, except you get paid to read/watch tv/sleep on the job (assuming you can take a train to work).\""}
{"_id": "243357", "title": "", "text": "\"Remember, our credit information, is just a \"\"product\"\" for Equifax, TransUnion and Experian.   The aim is to maximize profits with this product.  The aim is not to protect it much or make sure it's accurate, or let us review it for free, or let us control access to it by freezing it.\""}
{"_id": "243373", "title": "", "text": "The combination of either an Ivory or Black finish, framed with Dark Brass, accentuates the elegant design features of the Abigail bedstead. A blend of the modern and traditional has been successfully achieved in creating this time-honoured, classic look, with a contemporary feel."}
{"_id": "243392", "title": "", "text": "&gt;What makes you think anything would change? If they allowed Match money to be distributed tax free, they are missing out on a future tax revenue opportunity.  I agree that it's highly unlikely that matching contributions would be made entirely tax-free. If anything, I would expect employer contributions to be treated the same way that after-tax (non-Roth) 401(k) contributions are treated today to the extent that they exceed the new contribution limits. It's also possible that only individual contribution limits will be reduced and employer contribution limits will remain much higher - I haven't seen any reporting on the latter.  &gt;I think the more likely way they would stick it to us is to sunset the Roth 401(k) all together and make plans go back to the old school pre-tax and after-tax only, where even the earnings on after-tax are taxed at distribution.  I'm optimistic that Roth 401(k)s are here to stay. Trump's priorities seem to be centered around short-term budget characteristics with far less concern for the long-term (as is characteristic of populist administrations in general), and eliminating Roth 401(k)s would be unpopular and have a negligible impact on tax revenue in the short term."}
{"_id": "243396", "title": "", "text": "&gt; I still think there should be some kind of rule in place that an IPO has to reflect a companies actual value.   The value of a company is it's price. Really hard to determine that beforehand. \u2211(assets) doesn't determine the value of a company (otherwise most software companies would be near valueless)"}
{"_id": "243397", "title": "", "text": "\"There will be many who will judge your proposal on the idea that subsidized loans should be available to those who need them, and should not be used by others who are simply trying to profit from them. Each school has a pool of money available to offer for subsidized and unsubsidized loans. If they are giving you a subsidized loan, they cannot allocate it to someone else who needs it. Once you weigh the investment risks, I agree that it is analogous to investing rather than repaying your mortgage quickly. If you understand the risks, there's no reason why you shouldn't consider other options about what to do with the money. I am more risk averse, so I happen to prefer paying down the mortgage quickly after all other investment/savings goals have been met. Where you fit on that continuum will answer the question of whether or not it is a \"\"bad idea\"\".\""}
{"_id": "243410", "title": "", "text": "Thanks!   &gt; How do you believe it should be approached?   Businesses should be more cognizant of the fact that they have enormous amounts of technical debt, or what will be considered to be debt, that will suddenly need to be solved.  Infrastructure or applications that haven't seen a dime in 5+ years. Shadow IT that was stood up (e.g. hey we use this access database that everyone completely forgot about to meet this one specific need) and has somehow managed to survive. That's one of the most frequent issues that will grind consolidations to a halt. The business need to involve IT as early as possible in the M&amp;A process.  Cross-platform can usually be solved by some form of extraction, translaton, load processes. That's straightforward but it does take time.  If you're a company that cares enough to have a disaster recovery team you should also have an IT M&amp;A team that meets regularly to have a dry-run of an M&amp;A that covers the processes from end to end for 2-3 worst-case-scenarios. New scenarios should be identified. If you do enough M&amp;As you'll have compiled a fairly decent playbook of scenarios after the third or fourth. You'll have a well oiled machine that your investors can and should be proud of.   For perspective the best M&amp;A team I've seen was Microsoft's and even then shit regularly hits the fan for those guys when it comes to technical debt. That's something to keep in mind."}
{"_id": "243413", "title": "", "text": "Hey,  I'm majoring in a worthless field and do not expect to make much money. I've learned to find solace in the simple luxuries such as, heating,car ownership, food, warm food, meat,being able to exercise, have freedom,etc...  I'm trying to figure out what the minimum annual salary I can live on is. For example right now I'm in college and it costs $30,000 a year but I'm living *very* comfortably.    Why and how will this change in the future? Renting an apartment and supporting only myself, why can't I live comfortably on $30,000 in the future?"}
{"_id": "243416", "title": "", "text": "The organizations like professional seo services giving SEO administrations will precisely make feel of the extra a part of the powerless zones of your internet site and make phenomenal arrangements utilizing grasp Internet showcasing strategies. With correct watchword situating and skilful labelling, your website online could be made thoroughly net crawler neighborly. Watchword with greatest ubiquity, elegantly composed substance alongside eye getting configuration are a part of the administrations with a purpose to make your web page open efficiently for the web index creepy crawlies."}
{"_id": "243451", "title": "", "text": "\"Honestly, reddit should just become a non-profit. It's impossible to monetize it to the point of profitability without killing it. Instead of having [dozens of](http://web.archive.org/web/20160109193605/https://www.reddit.com/about/team) largely unnecessary roles like \"\"video producer\"\", \"\"writer\"\", and \"\"Ad Operations Lead\"\", \"\"Sales Operations Lead\"\", and various management roles, go back to the old days of having a small but hyper-focused group of software developers and IT guys running the site. That's how it was when reddit was great. It might even be greater because there won't be outside pressure from advertisers and shareholders trying ruin the community and software.\""}
{"_id": "243457", "title": "", "text": "\"First: what's your risk tolerance? How long is your investment going to last? If it's a short-term investment (a few years) and you expect to break even (or better) then your risk tolerance is low. You should not invest much money in stocks, even index funds and \"\"defensive\"\" stocks. If, however, you're looking for a long-term investment which you will put money into continually over the next 30 years, the amount of stock you purchase at any given time is pretty small, so the money you might lose by timing the market wrong will also be rather small. Also, you probably do a remarkably poor job of knowing when to buy stocks. If you actually knew how to time the market to materially improve your risk-adjusted returns, you've missed your calling; you should be making six figures or more on Wall Street. :)\""}
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{"_id": "243487", "title": "", "text": "On the one hand, I see and mostly agree with your point. On the other hand, protecting the environment is exactly the sort of job that government should be spearheading. The entire world came together and agreed on something, then Trump pulled the US out because he felt slighted for reasons that are not based in reality. He's clearly not mentally stable enough to run a business (or he would have beaten inflation with his inheritance) let alone a global superpower."}
{"_id": "243498", "title": "", "text": "I think the general rule for Canada resident to receive foreign inheritance don't have tax effect and you don't have to declare it. It's a little different from US global tax regulation.  ref: intuit.ca"}
{"_id": "243499", "title": "", "text": "In a money market fund, one share is worth $1. For your fund, you'll earn $0.0010 a year per share, or 0.10%.  That is all that you will earn. The APY is just another number to represent this interest rate, not a separate income stream. If you were expecting extra money from a separately credited dividend, you were mistaken. (Usually the APY is a slightly different number than the interest rate, to reflect the way that the interest is compounded over the course of the year. In this case the compounding is too slight to notice with just 2 decimal places.) If you were investing in a regular savings account, you would see the rate you are paid expressed as an APY also, but not as a dividend (as no shares are involved) and use that number to compare the two. If you were buying a bond fund or stock fund that did not have a fixed price, you could calculate the dividend yield based on the current stock price, but you would not probably see an APY listed. Money market funds are kind of an odd hybrid of 'fund' and 'savings', so they list both."}
{"_id": "243503", "title": "", "text": "You do actually have some profits (whatever is left from donations). The way it goes is that you report everything on your Schedule C. You will report this: Your gross profits will then flow to Net Profit (line 31) since you had no other expenses (unless you had some other expenses, like paypal fees, which will appear in the relevant category in part II), and from line 31 it will go to your 1040 for the final tax calculation."}
{"_id": "243520", "title": "", "text": "\"Check the terms of your mortgage. If you are in a fixed-term mortgage, you can likely \"\"over-pay\"\" a fixed amount of the capital each year: typically 10%. Eg if you owe \u00a3300,000 on the mortgage, you can pay off an additional \u00a330,000 this year. Next year you'd owe something like \u00a3260,000 so could pay off \u00a326,000. You'd need to check the terms of your mortgage to see what this limit is. You can actually pay off more than this, but would become liable to pay an \"\"early repayment fee\"\" or similar, which is usually something like 3-5% of the mortgage amount. Note that this usually means you would need to re-finance the mortgage anyway If you are not on a fixed-term mortgage than, in the UK at least, you are pretty much free to over-pay as much as you would like or refinance the mortgage. If you are in a fixed-term mortgage, it is usually better to simply over-pay by that maximum allowed amount until the fixed period ends, at which point you can re-finance onto a mortgage that allows higher overpayments. This isn't always the case, though, depending on your interest rate, how high the early repayment charge is, and how much you are able to over-pay. At the very least, you're going to need to do some sums! If you do choose to over-pay up to the limit, then you'd want to over-pay as much as you can at the start of the year (ie don't divide the over-payment by 12, pay it all as early as you can) to reduce interest payments. Then once you hit the limit, put the rest into a savings account: once you are out of the fixed term you can then pay the rest as a lump sum when refinancing.\""}
{"_id": "243522", "title": "", "text": "\"He was Head of Public Health education in Sweden, responsible for (among other things) educating Swedish medical students on health trends.  He identified wild areas of consistent \"\"positive\"\" ignorance (where wrong ideas can't be attributed to no knowledge) among the student population.    This got him investigating how widespread these wrong ideas were in the Swedish public, which led him then to the EU, and then to all Europe and North America.  Which then led to him creating a foundation to study this form of \"\"ignorance\"\" among educated people (where they do worse on statistical knowledge than would be produced by random results).    The 3 areas they identified are Personal Bias (from limited personal experience), Education bias (from outdated teaching) and News bias (from \"\"the unusual sells stories\"\").    I don't know that he's done surveys in 3rd world (I'd imagine similar results) but he's mostly trying to fight first world \"\"ignorance\"\" by getting people to recognize and reverse their thought errors (things are generally getting better everywhere, most people are in the middle, rich and poor are one solid \"\"bell\"\" curve, You should assume you are over-estimating things that scare you)  This has huge implications for anyone doing planning -- as he points out \"\"no wonder people think you can never eliminate poverty\"\" when they don't know that we eliminated half of world poverty in the last 20 years.\""}
{"_id": "243523", "title": "", "text": "\"Others have mentioned the exchange rate, but this can play out in various ways. One thing we've seen since the \"\"Brexit\"\" vote is that the GBP/USD has fallen dramatically, but the value of the FTSE has gone up. This is partly due to many the companies listed there operating largely outside the UK, so their value is more linked to the dollar than the pound. It can definitely make sense to invest in stocks in a country more stable than your own, if feasible and not too expensive. Some years ago I took the 50/50 UK/US option for my (UK) pension, and it's worked out very well so far.\""}
{"_id": "243527", "title": "", "text": "Certainly. My old professor of international relations used to say that if we wanted to understand complex issues, what we really needed to do was try to follow the lines of national interest. Here it seems like the Germans are acting against the national interest of the entire rest of the Eurozone, only for their narrow short-term interest. Its disgusting!"}
{"_id": "243571", "title": "", "text": "How to start is pretty simple.   With your next pay check set aside an amount and open a separate savings account.  Since this is an emergency fund - you want it someplace where you can get to the money quickly (so a CD or mutual fund is not good), but you want it in a separate account so that you don't accidentally use it.    Once the account is opened I'd recommend setting up an automatic transfer, or make it part of the direct deposit if you do that, so that you put in some money regularly (every pay check).  By adding to it regularly and not using it, you'll more quickly achieve your goal.   I'd recommend stopping, or slowing any retirement savings or other investing, until you get the emergency fund in place.  If you have an emergency, the money in the retirement fund isn't going to do you much good as it costs too much to do an early withdrawal.  The whole point of the emergency fund is to have liquidity when you need it so that you don't incur the costs of unplugging your longer term investments. Also don't worry overly much about making money on this money.  This isn't an investment it is there for emergencies."}
{"_id": "243574", "title": "", "text": "Not at all. From personal experience, talking about work culture is a safe bet. A smart question to ask is _what backgrounds do the people working in (position) have_. Shows you're interested and willing to to fit into the role. Plus it gives you an idea of what you need to work towards to get the position.  You can also talk about the job description and how it matches your background / skills / interests (i.e: I'm interested in financial modelling because I took XXX class / read up about it through YYY book). Don't expect them to answer very industry-specific questions because in most cases they won't be able to. You can also ask them about rotational / full-time programs."}
{"_id": "243576", "title": "", "text": "As you haven't specified country, will try and answer more in general ... Whole Life Insurance but it seems to be the first thing any financial adviser is trained to sell ... The commission structure is such that it makes more attractive for a financial adviser to sell Whole Life. Plus for most buyers its easier to sell Whole Life compared to Term. The way Guarantees are worded differ from Policy to Policy, most of them DO NOT give any Guarantee, its the Adviser misquoting. Where there is Guarantee, it would be similar to a Interest on Bank Deposit / Debt fund. Plus there are various terms used in the Policy, the Guarantee may not be on Sum Assured, but on the Policy Value that would be low. In essence, you are right on investing the difference into any save instruments like Bank Deposits, Certain Debit Funds, Government Bonds, Retirement funds etc that would essentially give you more returns than whats promised in the Whole Life Policy."}
{"_id": "243578", "title": "", "text": "Uidea Rapid Prototype is one of the reputed names in the sheet metal fabrication industry. They have a team of expert and efficient laser cutting and sheet metal fabrication professionals. It does not matter how big or small your company or project is you need to accomplish the sheet metal fabrication or laser cutting work will be done successfully and efficiently."}
{"_id": "243602", "title": "", "text": "\"Im honestly trying to find your arguement for drug testing, other than \"\"this is my business, so its my freedom of choice\"\". I have no objection to that but that the large scale of what drug tests cost to business and our community as a whole is a very bad use of time and resources. The fact that most drugs are flushed out of your system in 3 days, except weed, makes the topic of medical cannabis that much more complex. My arguement is to treat drug use as mental health issue, not continuing to fuel further criminal harm to society. I understand how we test people say after a road accident, which should be a good indicator to whats harming us the most. When was the last time you saw a road sign read \"\"Please dont drink and smoke\"\"? Because we all know how dangerous is to get behind the wheel and not drink, right? You nailed a bunch of points that drug tests dont really work and ultimately fuels the fake war on drugs. I could care less how you would conduct your business, especially if you respected how I handled mine, just please stop fueling the fake war on drugs.\""}
{"_id": "243627", "title": "", "text": "\"I am lucky enough to have chosen a flexible mortgage that allows me to change payment amounts at certain, very lenient intervals (to a minimum amount).  So when I was laid off, the first thing I did was call my bank to lower my payments to a level that allowed me some breathing room, at my new, lower income.  If and when my family's income increases, I'll re-adjust my payments to a higher amount.   But if you're concerned about the \"\"what if\"\"s in this economy, I'd definitely choose a mortgage that allows for flexibility so that you don't lose your house if you don't have to, particularly if your situation is temporary.\""}
{"_id": "243631", "title": "", "text": "And there is also no way to test for this since the antibiotics quickly move out of their system.  All this does is show the USDA is full of shit and has no idea how farms are really run. The USDA is just riding the organic trend and they've been busted many times labeling non organic fertilizers as organic."}
{"_id": "243633", "title": "", "text": "Buy the best Turnkey Ortho Practice at Huntington Beach in throwaway rent with all the supplies and instruments intact. Book yourself on an amazing corner location at Major Street promising high visibility and monumental signage. Enjoy at a great value!"}
{"_id": "243641", "title": "", "text": "You see, your CEO must already be building a team. With the collective effort to suceed the company's vision.  The right place for those of which you are talking about should be somewhere around new teams working on a small-medium project of which each member is from a different company. Those team building activities require air to be somewhat confused enough to make those cringy happenings forgotable in such proffesional environment. If people see threat in participating they'll notice somebody messing up and that's where you get gossips. Not the easy ones, if there even are any of those."}
{"_id": "243656", "title": "", "text": "\"&gt; If I come to your house with a gun and hand cuffs and say, \"\"you made this much money this year, therefore you owe me this much because I need healthcare/food/ect.\"\"  I come to your table. \"\"You ate this much food in the past hour, therefore you owe us this much money because we took on a cost to produce and deliver that food to you.\"\"  Restaurants are theft guys!\""}
{"_id": "243664", "title": "", "text": "&gt; African Americans have just the same opportunities as any other race, so why is that an issue?  it's not an issue, but it is the libtard **agenda**  the idea is to always be squawking of Afro-Amer so as to claim **concern**  never mind the jobless rate among black, among black teenagers, the crime rate, incareceration numbers, the murder rate, the woman-only household numbers, the numbers in poverty  no...no mention of dem failures, just dem **concerns**   it's smoke and mirrors politics and done **because it always works**"}
{"_id": "243714", "title": "", "text": "\"The answer to the question, can I exercise the option right away? depends on the exercise style of the particular option contract you are talking about. If it's an American-style exercise, you can exercise at any moment until the expiration date. If it's an European-style exercise, you can only exercise at the expiration date. According to the CME Group website on the FOPs on Gold futures, it's an American-style exercise (always make sure to double check this - especially in the Options on Futures world, there are quite a few that are European style): http://www.cmegroup.com/trading/metals/precious/gold_contractSpecs_options.html?optionProductId=192#optionProductId=192 So, if you wanted to, the answer is: yes, you can exercise those contracts before expiration. But a very important question you should ask is: should you? Option prices are composed of 2 parts: intrinsic value, and extrinsic value. Intrinsic value is defined as by how much the option is in the money. That is, for Calls, it's how much the strike is below the current underlying price; and for Puts, it's how much the strike is above the current underlying price. Extrinsic value is whatever amount you have to add to the intrinsic value, to get the actual price the option is trading at the market. Note that there's no negative intrinsic value. It's either a positive number, or 0. When the intrinsic value is 0, all the value of the option is extrinsic value. The reason why options have extrinsic value is because they give the buyer a right, and the seller, an obligation. Ie, the seller is assuming risk. Traders are only willing to assume obligations/risks, and give others a right, if they get paid for that. The amount they get paid for that is the extrinsic value. In the scenario you described, underlying price is 1347, call strike is 1350. Whatever amount you have paid for that option is extrinsic value (because the strike of the call is above the underlying price, so intrinsic = 0, intrinsic + extrinsic = value of the option, by definition). Now, in your scenario, gold prices went up to 1355. Now your call option is \"\"in the money\"\", that is, the strike of your call option is below the gold price. That necessarily means that your call option has intrinsic value. You can easily calculate how much: it has exactly $5 intrinsic value (1355 - 1350, undelrying price - strike). But that contract still has some \"\"risk\"\" associated to it for the seller: so it necessarily still have some extrinsic value as well. So, the option that you bought for, let's say, $2.30, could now be worth something like $6.90 ($5 + a hypothetical $1.90 in extrinsic value). In your question, you mentioned exercising the option and then making a profit there. Well, if you do that, you exercise your options, get some gold futures immediately paying $1350 for them (your strike), and then you can sell them in the market for $1355. So, you make $5 there (multiplied by the contract multiplier). BUT your profit is not $5. Here's why: remember that you had to buy that option? You paid some money for that. In this hypothetical example, you payed $2.30 to buy the option. So you actually made only $5 - $2.30 = $2.70 profit! On the other hand, you could just have sold the option: you'd then make money by selling something that you bought for $2.30 that's now worth $6.90. This will give you a higher profit! In this case, if those numbers were real, you'd make $6.90 - $2.30 = $4.60 profit, waaaay more than $2.70 profit! Here's the interesting part: did you notice exactly how much more profit you'd have by selling the option back to the market, instead of exercising it and selling the gold contracts? Exactly $1.90. Do you remember this number? That's the extrinsic value, and it's not a coincidence. By exercising an option, you immediately give up all the extrinsic value it has. You are going to convert all the extrinsic value into $0. So that's why it's not optimal to exercise the contract. Also, many brokers usually charge you much more commissions and fees to exercise an option than to buy/sell options, so there's that as well! Always remember: when you exercise an option contract, you immediately give up all the extrinsic value it has. So it's never optimal to do an early exercise of option contracts and individual, retail investors. (institutional investors doing HFT might be able to spot price discrepancies and make money doing arbitrage; but retail investors don't have the low commissions and the technology required to make money out of that!) Might also be interesting to think about the other side of this: have you noticed how, in the example above, the option started with $2.30 of extrinsic value, and then it had less, $1.90 only? That's really how options work: as the market changes, extrinsic value changes, and as time goes by, extrinsic value usually decreases. Other factors might increase it (like, more fear in the market usually bring the option prices up), but the passage of time alone will decrease it. So options that you buy will naturally decrease some value over time. The closer you are to expiration, the faster it's going to lose value, which kind of makes intuitive sense. For instance, compare an option with 90 days to expiration (DTE) to another with 10 DTE. One day later, the first option still has 89 DTE (almost the same as 90 DTE), but the other has 9 DTE - it relatively much closer to the expiration than the day before. So it will decay faster. Option buyers can protect their investment from time decay by buying longer dated options, which decay slower! edit: just thought about adding one final thought here. Probabilities. The strategy that you describe in your question is basically going long an OTM call. This is an extremely bullish position, with low probability of making money. Basically, for you to make money, you need two things: you need to be right on direction, and you need to be right on time. In this example, you need the underlying to go up - by a considerable amount! And you need this to happen quickly, before the passage of time will remove too much of the extrinsic value of your call (and, obviously, before the call expires). Benefit of the strategy is, in the highly unlikely event of an extreme, unanticipated move of the underlying to the upside, you can make a lot of money. So, it's a low probability, limited risk, unlimited profit, extremely bullish strategy.\""}
{"_id": "243719", "title": "", "text": "The biggest problem I see while looking for a new job so I can get out of where I am is that they basically want someone with Kevin Mitnick skills to install ram at a help desk. It's getting absurd what they put for qualifications for some of these jobs."}
{"_id": "243732", "title": "", "text": "No.  This amount of money is not appropriate for friends to go in on. Although you could consider buying a house with a business partner, have the contracts drawn up, see an attorney, read up on the penalties if one of the partners doesn't hold up their end from the law's point of view. Also, since this is a business arrangement, write and sign all sorts of details regarding the penalties amongst the partners (not just the law) when one person doesn't hold up. It isn't that you don't have good intentions, or that you couldn't do it just fine if no problems ever happen.  The issue is that over the course of a mortgage, which is at least several years, something is very likely to come up.  If you and your friend aren't prepared to think about all those issues and how to handle them, you will lose a friend, probably a house and your good credit. I wouldn't go into business with my best friend because I want him to stay my best friend."}
{"_id": "243735", "title": "", "text": "I don't think there's anything to worry about.  TFS doesn't really care who's paying, as long as the loan is being paid as agreed.  Of course you're helping your dad's credit history and not your own, but I doubt TFS would give back money just because it came from your bank account. A business may claim a payment wasn't made against the loan, but you'd have the records that you did in fact pay (keep those bank statements).  In theory they could sue you, in practice you'd send them the proof and they'd investigate and find the misplaced money.  THAT does happen sometimes; the wrong account is credited.  If it did end up in court, again you'd win because you have proof you sent payments.  Even if you put the wrong loan account number to pay to, you'd have proof you in fact sent the money.   If you're talking about something like a loan shark... they can do whatever they like.  They won't sue you though, because again you'd have proof.  That's why they'd use violence.  But probably a loan shark wouldn't falsely claim you didn't pay if you did, as word would get out and the loan shark would lose business.  And again, as long as they get what's agreed to, they don't care how they get it or who they get it from."}
{"_id": "243797", "title": "", "text": "\"MD-Tech's answer is correct. Let me only point out that there are easier ways to invest in the DJIA index without having to buy individual stocks. You can buy a mutual fund or ETF that will track the index and your return will be almost identical to the performance of the underlying index. It's \"\"almost\"\" identical because the fund will take a small management fee, you will have to pay annual taxes on capital gains (if you hold the investment in a taxable account), and because the fund has to actually invest in the underlying stocks, there will be small differences due to rounding and timing of the fund's trades. You also ask: Assuming that I calculated those numbers correctly, is this gain   approximately better, equal to, or worse than an average investment   for that timespan? While people argue about the numbers, index funds tend to do better than average (depends on what you call \"\"average\"\", of course). They do better than most actively managed funds, too. And since they have low management fees, index funds are often considered to be an important part of a long-term investment portfolio because they require very little activity on your part other than buying and holding.\""}
{"_id": "243809", "title": "", "text": "As an international student, the tuition is sky high. Typically, most students take loans for Education and start paying it back once they get a job. If you have exhausted your OPT period and have not got H1B, your options are either to go for further education(Hint: Phd), you can hope to cover living expense by part-time on campus job. This will give you additional time to look for a job and try for H1B again!"}
{"_id": "243822", "title": "", "text": "\"The bank is asking for a P & L because as a contractor you are in essence running your own business.  Its kind of a technicality, all you need to do is look at any expenses that you paid out of pocket while working there that were job or \"\"business\"\" related. Write a list of those expenses such as \"\"Gas\"\", \"\"Materials\"\", \"\"Legal Expenses\"\", etc. and then show your total income from that job or \"\"contract\"\" subtract the expenses and show your total profit or loss hence Profit / Loss Statement. I realize that you may not have any real expenses tied to that job although I don't know and if you don't, then simply write in your income, say no expenses and show your \"\"profit/pay\"\" at the bottom of your P & L! Viola! Your Done! Good luck with the closing!\""}
{"_id": "243829", "title": "", "text": "If people don't pay their taxes there's no way the government can have the funds to do any work not to mention the levels of corruption within the government itself doesn't allow anything to happen anyways.  https://www.google.ie/amp/s/www.cnbc.com/amp/2016/05/03/guess-how-many-people-pay-taxes-in-india.html This article says less than 2 percent of Indians pay income tax. Vast majority who gain incomes through some sort of business earning never show taxes and handle with cash dealings. Then again even if we do pay taxes there's just no guarantee that it would be put to good use unlike in wealthier countries."}
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{"_id": "243839", "title": "", "text": "A Credit Balance means that you overpayed. That's nothing to worry about; it will just be used up by your next charges. Note that this can have two reasons - either you really paid too much; or you paid off a charge that is still 'pending' - meaning it has not yet posted and is not considered in the amount you owe: Most charges in restaurants for example are pending for a day or more, because the original charge is your bill without tip (they don't know the tip when the run the card!), and the merchant spends his weekends or evenings to type in the final amount (including tip) and post the pending charge. If this is the case, it will settle ('get posted') in a day or two, and then it will match up."}
{"_id": "243851", "title": "", "text": "I know the money isn't taxable when I send it to my parents Yes this is right they send it to their nephew as it will count as a gift No this is incorrect Yes. Refer to Income Tax guide on relations exempt under gifts. Gifts received from relatives are not charged to tax. Relative for this purpose means:   (a) Spouse of the individual;   (b) Brother or sister of the individual;   (c) Brother or sister of the spouse of the individual;   (d) Brother or sister of either of the parents of the individual;   (e) Any lineal ascendant or descendent of the individual;   (f) Any lineal ascendant or descendent of the spouse of the individual;   (g) Spouse of the persons referred to in (b) to (f).   Friend is not a relative as defined in the above list and hence, gift received from friends will be charged to tax (if other criteria of taxing gift are satisfied).\u200b Even if you assumption were true, i.e. your dad gives it to his brother and his brother gives it to his son ...  But if this is done sequentially and soon one after the other, is it taxable? The intent is important. One can do it immediately or after few years; if the intent is established that this was done to evade taxes, then you will have to pay the tax as well as penalty."}
{"_id": "243853", "title": "", "text": "\"The link to the paper is in this paragraph:  &gt;Entitled [\"\"The Chicago Plan Revisited\"\"](http://www.imf.org/external/pubs/ft/wp/2012/wp12202.pdf), it revives the scheme first put forward by professors Henry Simons and Irving Fisher in 1936 during the ferment of creative thinking in the late Depression.   [Full Paper](http://www.imf.org/external/pubs/ft/wp/2012/wp12202.pdf) (PDF)\""}
{"_id": "243855", "title": "", "text": "You will not necessarily incur a penalty.  You can potentially use the Annualized Income Installment method, which allows you to compute the tax due for each quarter based on income actually earned up to that point in the year.  See Publication 505, in particular Worksheet 2-9.  Form 2210 is also relevant as that is the form you will use when actually calculating whether you owe a penalty after the year is over. On my reading of Form 2210, if you had literally zero income during the first quarter, you won't be expected to make an estimated tax payment for that quarter (as long as you properly follow the Annualized Income Installment method for future quarters).  However, you should go through the calculations yourself to see what the situation is with your actual numbers."}
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{"_id": "243886", "title": "", "text": "\"Is there anything I need to ask or consider during my negotiation   process based on the fact that they probably will soon be own by   another company? Very tricky situation. You are being hired by one company, and one hiring manager. But you already know that there are big changes ahead. What you don't know is how all those changes will actually play out. You will at least end up working for a different company.  I've worked for several companies in the past that were acquired, and some that acquired other companies. After each acquisition, the nature of the company changed significantly. Some teams were let go completely (often \"\"overhead\"\" departments like accounting, marketing, etc, that were handled at the corporate level), some teams were moved to a different location, others stayed the same. Sometimes management changed. In one case I was working for a new boss who worked out of the home office in another state. The time frame for these changes ranged from immediately, to several years after the acquisition. For me at least, some of the things that made the job appealing earlier typically were gone.  Try as best you can to ask questions about the acquisition, and about the nature of the acquiring company. If they are allowed to tell you the name of the company that is acquiring them, do some searching. See if you can find out how the company typically deals with acquisitions - do they immediately let almost everyone go (keeping only the \"\"essential\"\" few), or do they run new acquisitions as separate divisions and leave them alone for at least a while? Try to find out from your hiring manager what their expectations are for your specific team post-acquisition. Try to find out if anything within your offer is subject to change, post-acquisition. Are you being hired under the old, pre-acquisition rules? Or under the new, post-acquisition rules? The fact that you even know the company is being acquired is good. Often, companies cannot even divulge that fact until very near the end. On the other hand your use of the phrase \"\"probably will soon\"\", makes me wonder how much is definite here. Here's something you might wish to read: https://workplace.stackexchange.com/questions/20357/a-coworker-beat-me-to-resignation-how-can-i-resign-in-a-professional-manner\""}
{"_id": "243903", "title": "", "text": "&gt; No, because I assert that it's not only about these lucky events. It still takes some degree of intelligence, or insight, and hard work  That is just as, if not more, superstitious as believing in luck as a measurable force.  Without prescience, it's impossible to predict which way hard work will pay off.  'luck' (or coincidence, if you prefer) can cut you out of the successful herd in a single morning of stock market flunctuations.    You're talking about good choices, when the case in point we just read showed that lewis make blind, dumb choices twice that paid off - and shouldn't have.   &gt; with the ability and drive to maximize the opportunity  Again, what you are talking about involves predicting how a presented advantage will pan out.  Choosing nearly-identical employer A instead of B will only be obviously a good choice in hindsight.  Getting it right is 'luck'."}
{"_id": "243910", "title": "", "text": "\"Bad plan. This seems like a recipe for having your money taken away from you by CBP.  Let me explain the biases which make it so.  US banking is reliable enough for the common citizen, that everyone simply uses banks.  To elaborate, Americans who are unbanked either can't produce simple identity paperwork; or they got an account but then got blacklisted for overdrawing it. These are problems of the poor, not millionaires.  Outside of determined \"\"off the grid\"\" folks with political reasons to not be in the banking and credit systsm, anyone with money uses the banking system.  Who's not a criminal, anyway.  We also have strong laws against money laundering: turning cash (of questionable origin) into \"\"sanitized\"\" cash on deposit in a bank.  The most obvious trick is deposit $5000/day for 200 days. Nope, that's Structuring: yeah, we have a word for that.  A guy with $1 million cash, it is presumed he has no choice: he can't convert it into a bank deposit, as in this problem - note where she says she can't launder it.  If it's normal for people in your country to haul around cash, due to a defective banking system, you're not the only one with that problem, and nearby there'll be a country with a good banking system who understands your situation.  Deposit it there.  Then retain a US lawyer who specializes in this, and follow his advice about moving the money to the US via funds transfer. Even then, you may have some explaining to do; but far less than with cash.  (And keep in mind for those politically motivated off-the-financial-grid types, they're a bit crazy but definitely not stupid, live a cash life everyday, and know the law better than anybody. They would definitely consider using banks and funds transfers for the border crossing proper, because of Customs.  Then they'll turn it into cash domestically and close the accounts.)\""}
{"_id": "243931", "title": "", "text": "\"This has been answered countless times before: One example you may want to look at is DGRO.  It is an iShares ETF that many discount brokers trade for free.  This ETF:  offers \"\"exposure to U.S. stocks focused on dividend growth\"\".\""}
{"_id": "243939", "title": "", "text": "This taxation guide may be helpful in sorting out some of your questions.  I'm not entirely versatile with UK tax, so my answer will stay broad.  I think the answer may be to consult a professional advisor. You may become non-resident but remain UK domiciled.  Everybody has exactly one domicile and it is essentially their permanent home (the place where they intend to one day return and live.  The test is based on your intent - do you intend to return to the UK or do you intend to make another land your permanent home?  Simply traveling about the world will not establish a new domicile for you.  So you may owe some taxes on your worldwide income or capital gains while a UK-domiciled non-resident, as suggested here. If it helps, the UK tax residence rules are listed by HMRC online.  If your business is a corporation, there's a different analysis.  You may also want to refer to the UK-BVI tax treaty.  HMRC offers a tax residence calculator to help sort your residence, if you plan to return often."}
{"_id": "243949", "title": "", "text": "There are a few different ways to organize this, but mostly I think you need to talk to a lawyer.  The 50/50 split thing should be in writing along with a bunch of other issues. You could have one of you doing a sole proprietorship where the other person is a contractor that receives half of all revenues/profits.  The person that owns the sole proprietorship may be entitled to deduct certain costs of running the entity.  The other person would then be 1099'd his share of revenues. You could set up a partnership, again legal paperwork is necessary. You could also setup an S-Corp, where each of you is a 50% owner. You could also setup an LLC that is organized as any of the above.  I would only do this if you can self fund some additional tax preparation costs.  Figure about $600/year at a minimum.   There are a lot of options with a sole proprietorship being the easiest.  Your first step on the new venture would be to apply for an EIN (free), and then opening a business bank account. Good luck."}
{"_id": "243959", "title": "", "text": "I've investigated this, and banks are willing to offer a deal similar to what you ask. You would take out a securities-backed loan, which provides you with the down payment on the property. For the remainder, you take out a regular mortgage.  JAGAnalyst wonders why banks would accept this. Simple: because there's money to be made, both on the securities-backed loan and the mortgage. Both parts of the deal are financially sound from the banks perspective. Now, the 20% number is perhaps a bit low. Having 20% of the value in shares means you'd be able to get a loan for 50% of that, so only a 10% downpayment."}
{"_id": "243983", "title": "", "text": "I agree with you. The quiz was looking at it differently, as if you had a huge card balance and were making minimum payments.  The fact that I run all my spending through my cards somehow looks like my card payments are 60-70% of my budget. But when you break it out, zero of that is interest, and it's just a budgeting tool."}
{"_id": "243995", "title": "", "text": "Canada does not have a set date on which a (Federal) budget plan is unveiled. In 2011 it was June 6th. In 2012 it was March 29th and in 2013 it was 21st March."}
{"_id": "244004", "title": "", "text": "If you are looking to build wealth, leasing is a bad idea.  But so is buying a new car.  All cars lose value once you buy them.  New cars lose anywhere between 30-60% of their value in the first 4 years of ownership. Buying a good quality, used car is the way to go if you are looking to build wealth.  And keeping the car for a while is also desirable.  Re-leasing every three years is no way to build wealth. The American Car Payment is probably the biggest factor holding many people back from building wealth.  Don't fall into the trap - buy a used car and drive it for as long as you can until the maintenance gets too pricey.  Then upgrade to a better used car, etc. If you cannot buy a car outright with cash, you cannot afford it.  Period."}
{"_id": "244016", "title": "", "text": "\"Don't ignore it. If this is a non-trivial amount of money you need a lawyer. You've acknowledged that a loan exists and have personally guaranteed it, so a court can and will ultimately order you to pay. In doing so, they can put liens on your assests. Depending on the state, how the property is titled and other factors, that can include your home. If you don't have the money and are pretty much broke, try to negotiate a settlement. If they balk, you'll eventually need to start talking about bankruptcy -- that's the \"\"nuclear option\"\" and a motivator to settle. Otherwise, you need to either seriously explore bankruptcy or be prepared to lose your stuff to a judgement and having your dirty laundry aired in court. If you're not broke, but don't have liquid capital, you need to figure out a way to raise the money somehow. Again, you need to consult an attorney.\""}
{"_id": "244025", "title": "", "text": "\"Well, first off - yes, every year the younger generation grows up but remember that the older generation also dying off/leaving the market place. Also, what happens if the younger generation can't take up enough debt in order to pay for previous commitments?  Secondly, I think you're confusing the money supply with actual production. The two are pretty much divorced from each other - money doesn't require a \"\"resource\"\" per se (at least, not since leaving the gold standard), it just requires that someone is able/willing to take on debt. For example, every time you take a loan out from the bank, you are effectively creating money. This is called bank credit and if you live in a country that uses fractional reserve banking then it makes up a very large part of your money supply (think like up to 95%). When bank's create money, they only create the principle amount (ie. the original loan amount) and not the interest amount as well. This means that someone else needs to take out a loan so that you can repay the amount in interest that you owe on your new loan. This doesn't normally affect you because there are lots of people taking out lots of loans all the time and money is circulating around in the economy. The problem is that eventually the system gets to a stage where people can't really take out loans any more, they just have too much debt, and so you end up with a liquidity crisis like in 2008.   So what I was saying is that either I'm missing something pretty obvious and I've got this wrong or this is exactly how it works and economists like to just ignore it for the benefits that it offers...\""}
{"_id": "244053", "title": "", "text": "At what point do we begin crediting trump\u2019s policies for things like this? Is there data to suggest this is because of any of his policies? I frankly really don\u2019t like the guy but i give credit where credit is due and I\u2019d like to know if he deserves credit or if this is still residual from Obama or the natural economic cycle."}
{"_id": "244061", "title": "", "text": "The tax is only payable on the gain you make  i.e the difference between the price you paid and the price you sold at. In your cse no tax is payable if you sell at the same price you bought at"}
{"_id": "244079", "title": "", "text": "Weren't they one of the healthy banks during the financial crisis? I wonder what keeps them ahead of the pack or if the actual J. P. Morgan had any advise that they still adhere to today. I'm sure being part of a powerful organization that has shaped the financial industry has it perks in terms of having insider knowledge of how the innards of the industry work."}
{"_id": "244084", "title": "", "text": "\"Yes. Two years after your first contribution to the SIMPLE IRA, you can roll it to a traditional IRA.  You can still contribute \"\"pre-tax\"\", but the mechanism will be slightly different, since with an employer plan the contribution was automatically deducted from your paycheck.  With an individual plan, you make the contributions yourself and then get a tax deduction when you file.  Since contributions to traditional and Roth IRAs combined are capped at $5,500 if you're under 50, some sort of employer-sponsored plan might be better from a contribution standpoint. If your institution offers some sort of plan other than a 401(k), you might still want to roll to a traditional IRA, since you will have much more flexibility in the investments you choose. On the flip side, if that thought is overwhelming, having a smaller set of options might be better for your peace of mind.\""}
{"_id": "244097", "title": "", "text": "\"Bank accounts are free, as are discount brokerage accounts (for stuff like IRA's).  Any time you think there might be an advantage to getting another one, go ahead and do so. I have a number of bank accounts.  Whichever has the best interest rate (typically an online bank) gets the bulk of my cash savings, whichever has the closest ATM gets as much money as I think I might want to withdraw, and I often have a bank account from which my credit cards are paid. Other banks have a token \"\"just in case I move\"\" amount of money. The only cost is that you have to check them from time to time to make sure each account has enough for its likely uses.  I use mint.com for that.\""}
{"_id": "244100", "title": "", "text": "\"While I agree that there's no known health risk, I do appreciate disclosure.  It doesn't have to be a big deal.  Nobody's upset if the sign says \"\"Gala Apples\"\" instead of \"\"Apples\"\", so why would it be so hard to say \"\"Monsanto #204054 Strain Corn\"\" instead of \"\"Yellow Corn\"\"?  I would expect-- as GMO technology improves-- we'll see bolder and bolder changes to food products, some of which might inadvertently change the allergen profile.  (conversely, we might even see it as a deliberate target-- for example, a peanut that was designed to be less allergenic)  I also think there are some non-GMO selection processes that could benefit from disclosure and name-and-shame.  The whole \"\"let's engineer herbicide-resistant crops\"\" model gives a license for carpet-bombing with herbicides, instead of judicious use.  It would not surprise me if such crops end up reaching the market with higher average levels of herbicide residue.  So make it easy for me to not buy \"\"Roundup Ready\"\" crops.  The big mistake with GMO and labelling is that the GMO industry lost control over the narrative.  They didn't hit the market with exciting products consumers would care about.  Stuff that would make them say \"\"the future of food will actually be better than Grandma's heirlloom crops.\"\"  There was never a sign in the store that said \"\"Try our new GMO peas with 30% more vitamins!\"\" or \"\"This fresh local corn in December is made possible by a GM strain with a longer growing season!\"\"  What we got were lukewarm products like \"\"it's the same crappy tomato as before but it takes three days longer to rot in the back of the fridge\"\".  If the benefits weren't obvious for the consumer, it became easy for the conspiracy-theorists to take hold of the story.\""}
{"_id": "244104", "title": "", "text": "If you've been using TurboTax, let me suggest a compromise: Let TTax fill out the forms, but then print them out and go through it again by hand. If you don't get the same numbers, investigate why. If you do, you can probably conclude that you could do it by hand if you really want to, especially if you have the previous year's returns as a reference. (I've gone through every version of this from before personal tax software existed thru hand-constructed spreadsheets to commercial software and e-filing (federal only; I refuse to pay for something that reduces THEIR work). I can't use the free online version -- my return's got complications it won't handle -- and I'm uncomfortable putting that much data on a machine I don't control, so I'm still buying software each year. I COULD save the money, but it's worth a few bucks to me to make the process less annoying.) Late edit: Note that a self-constructed spreadsheet is one answer to the annoyance of pencil and paper -- you're still doing all the data manipulation yourself, but you're recording HOW you manipulated it as you go, and if numbers change you don't have to redo all the work. And it avoids raw math errors. It does require that you enter all the formulas rather than just their results, and figuring out how to express some things in stylesheet form can be a nuisance, but it isn't awful... and once you've done it (assuming you got it right) updating it for the next year is usually not hard unless you've introduced a completely new set of issues."}
{"_id": "244111", "title": "", "text": "Laser hair removal isn't permanent, you have to have several sessions to get all of the hair, each session costing hundreds. And then it may only last a few years before you have hair growing back again. It's not worth the money unless you have such a large amount that you can throw away several thousand. As others have said, either buy blades in bulk or get a straight razor. They will be much more economical in both the short term and long term."}
{"_id": "244115", "title": "", "text": "The safest investment in the United States is Treasures. The Federal Reserve just increased the short term rate for the first time in about seven years. But the banks are under no obligation to increase the rate they pay. So you (or rather they) can loan money directly to the United States Government by buying Bills, Notes, or Bonds. To do this you set up an account with Treasury Direct. You print off a form (available at the website) and take the filled out form to the bank. At the bank their identity and citizenship will be verified and the bank will complete the form. The form is then mailed into Treasury Direct.  There are at least two investments you can make at Treasury Direct that guarantee a rate of return better than the inflation rate. They are I-series bonds and Treasury Inflation Protected Securities (TIPS). Personally, I prefer the I-series bonds to TIPS.  Here is a link to the Treasury Direct website for information on I-series bonds. this link takes you to information on TIPS.  Edit: To the best of my understanding, the Federal Reserve has no ability to set the rate for notes and bonds. It is my understanding that they can only directly control the overnight rate. Which is the rate the banks get for parking their money with the Fed overnight. I believe that the rates for longer term instruments are set by the market and are not mandated by the Fed (or anyone else in government). It is only by indirect influence that the Fed tries to change long term rates."}
{"_id": "244133", "title": "", "text": "I've used PayPal for my business for a long time. Sometimes PayPal doesn't trust credit cards. Debit or direct bank transfer are reliable. There is also a charge for using a credit card but I don't think that is the reason. You may be trying to purchase a high value item. That would be a possible reason why PayPal allowed you to use credit cards in the past, but will not allow you to do so now, for these particular transactions."}
{"_id": "244136", "title": "", "text": "It means that supply of labor is greater than demand. Therefore wages are suppressed as people compete over the few jobs available.  The unemployment rate is misleading because people drop off the statistic even though in a functional sense they're still looking for work.  Many of the open positions available aren't in immediate need of filling. A lot of job ads have laundry lists of nice to have qualities and skills that most experienced people don't have.   From the employer's perspective they'd rather hold out for the dream candidate and make existing employees work more unpaid overtime than take a risk hiring someone who doesn't meet their wildest dreams."}
{"_id": "244146", "title": "", "text": "Obat Penyakit Wasir Terbaik \u00bb Di zaman sekarang ini pengobatan secara herbal kini paling banyak diminati oleh kalangan masyarakat. Begitu pula dalam hal menyembuhkan penyakit wasir, Kami disini menyarankan kepada anda untuk melakukan pengobatan secara herbal dengan obat herbal Ace Maxs. Untuk lebih mengetahui akan khasiat dari obat herbal Ace Maxs, silahkan anda simak pembahasan berikut ini."}
{"_id": "244148", "title": "", "text": "Despite the fact that I think there is a litany of inaccuracies and misunderstandings related to quoted price and transaction price and the way prices move and assets transact; if you were able to, under these extremely narrow and very unlikely conditions, affect the prices of these assets that would be market manipulation in the eyes of the SEC. Link to the SEC page about market manipulation."}
{"_id": "244157", "title": "", "text": "I'm not ignorant, I just support the right of a business or owner to make the decision to go after someone who drinks, smokes, or puts anything else in their body that might downgrade performance AND put other employees at risk to dangerous behaviors.  https://news.yale.edu/2017/03/08/combo-pot-and-booze-real-gpa-downer-study-shows"}
{"_id": "244185", "title": "", "text": "Being into Business since years and having clients worldwide I receive a lot of payments via wire transfers. Some in business and some in personal checking accounts. I have never been charged by my bank for any incoming wire. And by the way I bank with HSBC and BoA in the US. Actually the charges on the account depends on the type of account you are opening/holding with the bank. With a tight competition in the finance and banking industry you can always demand the bank for the services you want and the pricing you want. The best thing to do is ask your bank if they can wave those incoming wire charges for you and if not you have a whole bunch of options."}
{"_id": "244186", "title": "", "text": "Neue und gebrauchte Ger\u00fcste bei GH-Ger\u00fcsthandel kaufen --Ger\u00fcste, die in Unternehmen zum Einsatz kommen, m\u00fcssen nicht neu gekauft werden, sondern k\u00f6nnen auch gebraucht noch sehr hochwertig sein. Einen Anbieter finden Interessenten unter http://www.gh-geruesthandel.de. Hier kann hochwertige Qualit\u00e4t gebraucht erworben werden."}
{"_id": "244192", "title": "", "text": "&gt;  if you buy from an ethnic market  Which don't exist in the food deserts where the rural poor live.  &gt; time spent preparing meals  Which the working poor who work multiple part-time jobs to support their too-large families don't often have.  &gt;  a little education[  Which is getting better, but it still requires a large amount of time and energy to figure out.  Of course, it doesn't help that we don't really teach/require science in schools."}
{"_id": "244233", "title": "", "text": "The only ridiculous thing in the article is the statement that taxes to try to keep down inequality won't do any good because companies will hire less.   What bullshit. Taxes on the wealthy doesn't need to come from the companies alone, it should also come from closing ridiculous loopholes that only favour the rich, and a more progressive income tax system that includes all earnings, be them through wages or through capital gains.   I really don't understand why $100,000 in wages should be treated differently tax-wise than $100,000 in capital gains..."}
{"_id": "244240", "title": "", "text": "Tesla is a horrible model in terms of sustainability.  It's just the electric version of a penis car* like a Ferrari.  It's battery is equivalent to over a 1000+ laptop batteries?  Where would we strip mine all that material if most people got one?  And his solar panel assembly must be either huge ass expensive or he doesn't drive much or use much electricity.  I always thought a series hybrid like Aptera would have been the way to go in this world toward sustainability.  *Family Guy."}
{"_id": "244243", "title": "", "text": "\"What teachers have is not ridiculous. Stop blindly accepting what the media is throwing at you. What teachers have is the right to a due process when they are being evaluated. That's all.   Why? Try this: the next time you assert pseudo free market principals into education, at least take into account the fact that (unlike a free market) schools cannot hire anybody to teach simply because you want to. Someone on Wall Street can hire literally anyone they want based simply on the idea that they're convinced the person can do the job.  Not in education. The people demand that a teacher go through (literally) years of classes, observations, training, and tens of thousands of dollars to earn their credential. In other words, if you were a principal and you stumbled across somebody that you were convinced would make an excellent teacher, you couldn't hire them.  There is no free market system in education because the people have demanded standards for what qualifies someone as a professional teacher.  Here's the point: what kind of people would jump through all those hoops to become a teacher (or firefighter, or policeman) without something to protect what they've earned? We're already losing record number of teachers because of the bullshit that comes from letting politicians run our schools. Take away union protections and they'll be leaving in droves.  What's fucking ridiculous is a public that wants \"\"no child left behind\"\" heroic performance at a fraction of what they paid forty years ago.\""}
{"_id": "244254", "title": "", "text": "The thing with your last option is that the cash-out mortgage is treated differently than purchase mortgage, with regards to taxes. Specifically, tax deduction is limited to $100K mortgage instead of $1M (or a bit higher even). Other than that - you've covered your options, and its up to you to decide what to do."}
{"_id": "244268", "title": "", "text": "\"Interestingly, ancient Judaism and Christianity held a Jubilee year every 50 years in which all debts were forgive, slaves were freed, etc. \"\"The land must not be sold permanently, for the land belongs to me. You are only foreigners, my tenant farmers.\"\" -Leviticus 25:23 Jubilee would more resemble \"\"the government declares all mortgages and credit card debts void\"\" with FDIC caping the payouts when banks fell into receivership, not simply \"\"the government pays off all mortgages\"\".  Yet, it still demonstrates that primitive societies employed tools similar to what you describe.  There is surely all manor of interesting analysis of the economic impacts of Jubilee by Jewish religious historians.  You might even find arguments that communism was invented because Western Judeo-Christian societies abandoned Jubilee. As an aside, I'm surprised that nobody here directly discussed the velocity of money.  If you wipe out a mortgage, you might convert a spender into a saver, especially during a recession, meaning you've injected slow money.  Conversely, anyone too poor for a mortgage probably spends all their money, meaning giving them a job injects faster money.  In addition, it's much cheaper to hire tons of poor people to do useful things, like repairing bridges.\""}
{"_id": "244278", "title": "", "text": "\"It would have to be made as a \"\"gift\"\", and then the return would be a \"\"gift\"\" back to you, because you're not allowed to use a loan for a down payment. This is not to evade taxes.  This is to evade a credit check.  The problem is that banks don't like people to have too much debt.  The bank could void the loan and go after your friends for damages under certain circumstances, as this is a fraud on the bank.  Perhaps you might be guilty of conspiracy to commit fraud or similar.   I'm willing to assume for the sake of argument that there is zero chance of your friend not paying you back intentionally.  But even so, there are still potential problems.  What if your friends end up without the money to pay?  Worse, what if something happens to them?  This is an off-books transaction.  You couldn't make a claim against the estate, as there can't be a paper trail.  You'd be left out the money in those circumstances.   You'd both be safer if your friends saved up for the next opportunity rather than trying to grab this one.   An alternative would be to buy a share of their current rental house.  That would give them the necessary money and would give you paper showing your money.  It's not a gift, it's a purchase.  You'd have to pay capital gains tax on the 15% profit that they're promising you.  But you'd both be above board and honest.\""}
{"_id": "244303", "title": "", "text": "\"I made an investing mistake many (eight?) years ago. Specifically, I invested a very large sum of money in a certain triple leveraged ETF (the asset has not yet been sold, but the value has decreased to maybe one 8th or 5th of the original amount). I thought the risk involved was the volatility--I didn't realize that due to the nature of the asset the value would be constantly decreasing towards zero! Anyhow, my question is what to do next?  I would advise you to sell it ASAP. You didn't mention what ETF it is, but chances are you will continue to lose money. The complicating factor is that I have since moved out of the United States and am living abroad (i.e. Japan). I am permanent resident of my host country, I have a steady salary that is paid by a company incorporated in my host country, and pay taxes to the host government. I file a tax return to the U.S. Government each year, but all my income is excluded so I do not pay any taxes. In this way, I do not think that I can write anything off on my U.S. tax return. Also, I have absolutely no idea if I would be able to write off any losses on my Japanese tax return (I've entrusted all the family tax issues to my wife). Would this be possible?  I can't answer this question but you seem to be looking for information on \"\"cross-border tax harvesting\"\". If Google doesn't yield useful results, I'd suggest you talk to an accountant who is familiar with the relevant tax codes. Are there any other available options (that would not involve having to tell my wife about the loss, which would be inevitable if I were to go the tax write-off route in Japan)? This is off topic but you should probably have an honest conversation with your wife regardless. If I continue to hold onto this asset the value will decrease lower and lower. Any suggestions as to what to do? See above: close your position ASAP For more information on the pitfalls of leveraged ETFs (FINRA) What happens if I hold longer than one trading day?  While there may be trading and hedging strategies that justify holding these investments longer than a day, buy-and-hold investors with an intermediate or long-term time horizon should carefully consider whether these ETFs are appropriate for their portfolio. As discussed above, because leveraged and inverse ETFs reset each day, their performance can quickly diverge from the performance of the underlying index or benchmark. In other words, it is possible that you could suffer significant losses even if the long-term performance of the index showed a gain.\""}
{"_id": "244305", "title": "", "text": "First off, some companies do something like this.  Microsoft for example was well-known for consistently hitting earnings estimates every quarter - nearly never missed them, and most of the time didn't exceed by much either.  In order to do this and not be prosecuted for accounting fraud, you typically have to be a service or nontangible good company (like Microsoft used to be) where you can manipulate the amount of product on hand and move costs fairly easily from one quarter to the next.  A company like, say, Home Depot or Caterpillar - both of which have tangible goods they're either retailing or producing - has less flexibility there, although they will still try to move profits around to match earnings estimates more closely. However, you have to be consistently doing well to be able to do this.  You can't manufacture additional total revenue; so if you have one 'down' quarter, you have to either have moved some revenue into it from the previous quarter, or you have to be able to move some into it from the next quarter.  That obviously doesn't work consistently unless you're a fast-growing company, or have an extremely stable base.  It's also hard to do this in a legal-seeming fashion - technically this sort of manipulation is illegal, so decisions have to be justifiable.  Companies (like Microsoft) that are expanding can also do things to encourage slightly lower expectations.  A company in need of a stock price bump issues press releases touting its inventions and products as amazing things that will drive profits through the roof and an aggressive profit forecast - just as easy to issue a press release with a conservative forecast, meaning the bar will be lower to hit.   It's also not really necessary to manipulate earnings to have a consistently well-performing stock.  This article for example shows that companies who miss earnings estimates don't really suffer much (when controlling for their actual earnings changes, of course) in the long run.  Your price might drop a bit, but if your company is otherwise sound, it will recover. Finally, companies do sometimes come out with information ahead of earnings that cause expectations to be lowered.  7-Eleven for example just lowered its earnings expectations due to various reasons.  Some companies choose to do this in order to dilute the effect on the market.  I'm not sure if this is ever required, but it seems to me that some companies are much quicker to restate earnings expectations than others."}
{"_id": "244318", "title": "", "text": "You'll need to check PayPal's terms of service for that first question. I would imagine you could, as my wife and I both have personal PayPal accounts listed at the same address. When you receive money, the senders will only see the (full) name on your account, the amount, and the transaction ID. If you set up a business account, the name on your account will be replaced with the company name. Your mailing address will not be made visible. Yes, PayPal provides an export option of your transaction history. For reference: If your volume greater than $20,000 across 200 or more transactions, then they'll be issuing a 1099-K form, anyway. That depends on the payment method. Bank transfers are instant, where cards require a settlement delay. PayPal provides buyer protection, so I'd be very dutiful in logging all of your work done to provide proof of completion, in case someone disputes a payment. Disputes can take place up to 45 days from the date of the transaction. Chargebacks can take place 120 days or more after the transaction (depends on the card network)."}
{"_id": "244334", "title": "", "text": "I've recently discovered that Morningstar provides 5yr avgs of a few numbers, including dividend yield, for free.  For example, see the right-hand column in the 'Current Valuation' section, 5th row down for the 5yr avg dividend yield for PG: http://financials.morningstar.com/valuation/price-ratio.html?t=PG&region=usa&culture=en-US Another site that probably has this, and alot more, is YCharts.  But that is a membership site so you'll need to join (and pay a membership fee I believe.)   YCharts is supposedly pretty good for long-term statistical information and trend graphs for comparing and tracking stocks."}
{"_id": "244362", "title": "", "text": "Within the bank or group of banks owned by the same company the account number is unique. What is unique is the bank id number and account number combination. If the bank ID number doesn't match a banking institution, the transaction will not be completed. If you are unlucky and your mistake in writing the bank id number does match a bank, you have to hope the account number doesn't match.  The name's do not have to match. Checks have been deposited with incorrect spelling, nick names vs formal names. Mr. and Mrs ..."}
{"_id": "244367", "title": "", "text": "You could of course do the same yourself, but it is often tough to keep the discipline, and sometimes it gets really forgotten. Only you can say if you would be disciplined enough... Otherwise, it is a useful help, and it is free, so why not. There are no disadvantages."}
{"_id": "244386", "title": "", "text": "&gt;Perhaps you are confusing Costco with Sam's club?  Nope.   And I have no need to correct this problem. Means nothing to me. And I'm not really the type to stick my nose into other people's business. If they need to know, they can ask. In either case, I'm still a loyal customer.   Additionally, it's very hard to find good help where I live. Too many jobs, not enough people. I know how much some of these business struggle to find and keep people."}
{"_id": "244393", "title": "", "text": "Everyone knows that employee safety training is very essential nowadays, many company-owners taking the responsibility for people to provide such training. You will need to provide an effective employee safety training service to people in order to increase the yearly profit. Among all health &amp; safety courses one such course is NEBOSH National General Certificate Online course."}
{"_id": "244394", "title": "", "text": "Desire to work.? Yep everyone has a desire to earn more money, too many will not even try to. Just a great way to strip away human dignity. You citizens, you mean nothing to the world now shut up &amp; listen to us rich government bureaucrats. You owe us."}
{"_id": "244396", "title": "", "text": "\"From my limited experience, I understand Dhar to be somewhat as the father of hedge machine-trading-funding (in the loosest sense of the term).   My joke was revolving around the idea of benchmarking performance to beating the market as missing the point...by missing the point of what the nebulous \"\"data scientist\"\" does. I don't get paid to make people laugh, as you can see.\""}
{"_id": "244405", "title": "", "text": "\"This is a well worn path and not a bad idea.  There are quite a few pitfalls but there are a lot of resources to learn for other people's mistakes. Having a plan and doing your research should help you avoid most of them.  Here is some general advice to help get you started on the right foot.  Know the market you are investing in.  The city should have more than one major employer. The population should be rising and hopefully there are other positive economic indicators.  Check the city's and state's chamber of commerce for useful information.  You do not want to be stuck holding a bunch of upside down property in Detroit.   Accurately calculate expenses.  Set aside money for repairs.  budget 5% of the rent or 100 a month for repairs if no repairs happen that money goes into the repair fund for the future.  Set aside money for capital expenditures if the roof has a 10 years of life left in 10 years you better be ready to replace it same with any major appliances. Your area should have a baseline vacancy rate 5-8% in my area. That says out of a year your property will be vacant for around 6% of the year or 21 days for turnover. You should build that cushion into the budget as well setting aside a portion of the rent to cover that lean period. Some property management will offer \"\"eviction insurance\"\" which is basically them enforcing that savings.  Financing maybe difficult a lot of banks like to see 25% down payments on investments. You will also face higher interest rates for investment properties. Banks generally also like to see enough money to cover 6 months worth of expenses in your account for all property.  Some banks will not give financing for investment property to someone without 1-2 years of landlord experience. All in all finding money will be hard when you gets started and your terms may be less than ideal.  (hopefully make around 3 - 5k a year in profit)  If that includes loan pay-down and is not just cash-flow you are probably in the right ballpark.  I can find $100-$200 dollars cash-flow a month on single family home in my area. Once loan pay-down is included your numbers are close.  It sounds like you have a good attitude and a good plan.  A book that I really enjoyed and I think may be useful is \"\"Start Small, Profit Big in Real Estate\"\" by Jay DeCima.  I think of it as required reading for do-it-yourself real estate investors. Good luck and happy investing\""}
{"_id": "244408", "title": "", "text": "I think that Dave Ramsey has a good approach to emergency funds. Save $1,000 that is immediately accessible in an emergency, pay off your debts, then build a 3-6 month fund. Two years is great, but takes a really long time to build up."}
{"_id": "244412", "title": "", "text": "My understanding is that to make the $18,000 elective deferral in this case, you need to pay yourself at least $18,000.  There will be some tax on that for social security and Medicare, so you'll actually need to pay yourself a bit more to cover that too. The employer contribution is limited to 25% of your total compensation.  The $18,000 above counts, but if you want to max out on the employer side, you'll need to pay yourself $140,000 salary since 25% of $140,000 is the $35,000 that you want to put into the 401k from the employer side. There are some examples from the IRS here that may help: https://www.irs.gov/retirement-plans/one-participant-401-k-plans I know that you're not a one-participant plan, but some of the examples may help anyway since they are not all specific to one-participant plans."}
{"_id": "244418", "title": "", "text": "The dealership is getting a kickback for having you use a particular bank to finance through. The bank assumes you will take the full term of the loan to pay back, and will hopefully be a repeat customer. This tactic isn't new, and although it maybe doesn't make sense to you, the consumer, in the long run it benefits the bank and the dealership. (They wouldn't do it otherwise. These guys have a lot of smart people running #s for them). Be sure to read the specifics of the loan contract. There may be a penalty for paying it off early. Most customers won't be able to pay that much in cash, so the bank makes a deal with the dealership to send clients their way. They will lose money on a small percentage of clients, but make more off of the rest of the clients. If there's no penalty for paying it off early, you may just want to take the financing offer and pay it off ASAP. If you truly can only finance $2500 for 6 mos, and get the full discount, then that might work as well. The bank had to set a minimum for the dealership in order to qualify as a loan that earns the discount. Sounds like that's it. Bonus Info: Here's a screenshot of Kelley Blue Book for that car. Car dealers get me riled up, always have, always will, so I like doing this kind of research for people to make sure they get the right price. Fair price range is $27,578 - $28,551. First time car buyers are a dealers dream come true. Don't let them beat you down!  And here's more specific data about the Florida area relating to recent purchases:"}
{"_id": "244421", "title": "", "text": "\"This reminds me of philosopher John Rawls' \"\"difference principle\"\", which states that growing inequality is acceptable as long as the people at the bottom of the income scale are better off than they were before.   Edit: Low income people are surely better off in some ways; notably, they can afford to buy consumer goods that they couldn't before. But it is harder for them to achieve upward social mobility.\""}
{"_id": "244426", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.smh.com.au/federal-politics/political-news/philip-morris-ordered-to-pay-australia-millions-in-costs-for-plain-packaging-case-20170709-gx7mv5.html) reduced by 85%. (I'm a bot) ***** &gt; Tobacco giant Philip Morris has been ordered to pay the Australian government millions of dollars in legal costs after its failed bid to kill off plain packaging laws.  &gt; Two years later, the court now says Philip Morris must cover Australia&amp;#039;s legal costs, plus an undisclosed percentage of the arbitration costs.  &gt; &amp;quot;It&amp;#039;s good to see that Australia&amp;#039;s world-leading legislation was upheld and that the abuse of process by Philip Morris has now resulted in costs going to the Australian government,&amp;quot; Mr Swan said on Sunday.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mef7p/philip_morris_ordered_to_pay_australian/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~163662 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **cost**^#1 **Australia**^#2 **Court**^#3 **government**^#4 **legal**^#5\""}
{"_id": "244427", "title": "", "text": "I agree with you here. I've read quite a few Paul Krugman posts actually defending that the FED should be targeting an inflation rate closer to 3% or 4%.  Unfortunately, a lot of people frame inflation as stealing from the poor. I think it's idiotic because inflation hits more people who have a lot of assets, and actually helps the people who have a lot of debt.  That being said, wages would have to grow on pace with inflation, and things have not gone that way in the past couple of decades..."}
{"_id": "244433", "title": "", "text": "There's no unique way to split the profit, it's about claims and arguments.  I propose the approach based on internal rate of return. Consider we have a project with cash flow -500 at the beginning, -1000 at 3 months and +2300 (1000 profit - 200 fee + 1500 of initial investments) at 1 year. The balance looks as follows (simple compounding): The solution is r = 64% (not bad!). Now, the value of the 1-st investment is 500*(1+0.64)=820 and the value of the second is 1000*(1+0.64*0.75)=1480 (at t=1 year). This gives the shares of 35.65% (820/2300) and 64.35% (1480/2300). Then split the profit according to the shares."}
{"_id": "244442", "title": "", "text": "\"You make several good points.  I'll start with Black-Scholes; the arbitrage argument in Black-Scholes is between the option and a hypothetical and unobserved portfolio with identical cash flows (the replicating portfolio).  We then value the replicating portfolio via an equilibrium model.  When you use BS, there isn't necessarily *any* observed security whose is guaranteed not imply some arbitrage opportunity, because BS makes no reference to observed prices.  A no-arbitrage modification might look like this: \"\"I observe the prices (and implied volatilities) of some options, and use the implied volatilities to price another option (maybe with a different strike).  Doing so ensures that there is no arbitrage between my price and the market prices implied by my model.\"\"  Realistically, the problem arbitrage-free models are addressing is that our models and assumptions are wrong, even though they're reasonable approximations a lot of the time.  A no-arbitrage model removes some set of obvious deficiencies, but at the cost of not being able to explain why things are priced as they are.  So, for instance, Vasicek won't reproduce the observed term structure, and Hull-White fixes this, but Hull-White doesn't explain where the term structure comes from (i.e., what the term structure *should* be).\""}
{"_id": "244445", "title": "", "text": "Yes, I do in fact want someone else's money is always a popular question. The question is, if two wolves and a sheep vote on what's for dinner, why would anyone think that's legitimate? If I came to your home with a couple friends, and we all voted on if your stuff should be our stuff, how is that legitimate?"}
{"_id": "244448", "title": "", "text": "There's a key assumption made in the calculation of theta: that the future price movement of the underlying is a random walk. The amount of life left in the option times the volatility of the underlying creates a probability distribution of the price of the underlying at expiration. At any given price point, you can calculate the theta of the option. The at-the-money values are the most likely. The way-in-or-way-out-of-the-money values are much less likely. Theta is constructed mathematically to decay linearly over time. So the strikes with the most theta lose the most theta each day. If you are looking for a more intuitive answer, the OTM calls have less theta than the ATM calls because, while they are both 100% time value, the OTM calls cost much less. So it's 100% of a smaller number. Remember decay is linear."}
{"_id": "244455", "title": "", "text": "Dollar Cost Averaging would be the likely balanced approach that I'd take. Depending on the size of the sum, I'd likely consider a minimum of 3 and at most 12 points to invest the funds to get them all working. While the sum may be large relative to my net worth, depending on overall scale and risk tolerance I could see doing it in a few rounds of purchasing or I could see taking an entire year to deploy the funds in case of something happening. I'd likely do monthly investments myself though others may go for getting more precise on things."}
{"_id": "244477", "title": "", "text": "Oh sure.  That 10,000 negates all the benefits from our laws (this part is huge, considering it protects against copyrights, poor food and water quality, poor product processes, poor treatment of workers), peace keeping, national security, diplomacy, standards of living, disaster response, elections and leadership, and on and on!  This anti-government reductionist attack is so insanely short sighted, I don\u2019t understand how anyone can even imagine it is believable.  Edit:  If you want to see some REAL rent seeks big, just make all our infrastructure privatized.  I doubt the private sector would hestitate even a second before exploiting us for our infrastructure needs."}
{"_id": "244484", "title": "", "text": "You really don't have business sense. Or you're not getting it. There's a difference between supporting something that hurts people vs supporting a harmless old tradition that you pay bc the older generation believes in it.   I wish you luck in your business endeavors, but you're not going to be successful if you don't know how to play the game. Don't hurt people or the environment, but learn to be less of a emotionally guided sissy. There are a ton of awards people get just for the feel good sake. Heck even trophies kids get for sports. If there's something you can do that takes the client happy, and it's harmless, go for it."}
{"_id": "244513", "title": "", "text": "I can't believe people over 25% underwater even bother paying the mortgage anymore.  By no stretch of the imagination is this a reasonable thing to do, fiscally speaking.  To those of you who would make the moral argument that you made an agreement to pay...    1.  You also made an agreement for what the penalty is if you do not pay.  Either way you're still adhering to the agreement.      2.  It's a bank loan, not a suicide pact."}
{"_id": "244518", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/851066/almost-all-the-10-million-jobs-created-since-2005-are-temporary/) reduced by 61%. (I'm a bot) ***** &gt; Survey research conducted by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University shows that from 2005 to 2015, the proportion of Americans workers engaged in what they refer to as &amp;quot;Alternative work&amp;quot; jumped from 10.7% to 15.8%. Alternative work is characterized by being temporary or unsteady-such as work as an independent contractor or through a temporary help agency.  &gt; &amp;quot;And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.&amp;quot; In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.  &gt; Katz and Krueger found that each of the common types of alternative work increased from 2005 to 2015-with the largest changes in the number of independent contractors and workers provided by contract firms, such as janitors that work full-time at a particular office, but are paid by a janitorial services firm.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/79k7gc/almost_all_the_10_million_jobs_created_since_2005/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~237356 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **Alternative**^#2 **job**^#3 **Krueger**^#4 **full-time**^#5\""}
{"_id": "244524", "title": "", "text": "Daily &gt; Weekly &gt; Monthly. This statement says that if you use daily returns you will get more noise than if you used weekly or monthly returns. Much of the research performed uses monthly returns, although weekly returns have been used as well. For HFT you would need to detrend the data in order to spot true turning points."}
{"_id": "244542", "title": "", "text": "No it's not expensive sets - they are rare and there are tons of cheaper ones. I think technically it's cheaper than historically.  No it's not mine craft - that has been around for years already and they obvs actually make money off it.  I personally think it's saturation - 5 years of double digit growth and it's a durable product - people have already bought a ton of lego and expanding distribution will eventually run out of steam"}
{"_id": "244549", "title": "", "text": "\"Economics is built on the assumption that people make rational decisions based on the desire to increase their economic well-being. While economists have long known that isn't strictly true, Thaler was a pioneer in studying why people sometimes make irrational decisions, and how they can be encouraged to make smarter ones. He's made economics more human,\"\" said Peter G\u00e4rdenfors, a member of the commitee that awarded the prize.\"\"    So how come the business world still ignores him? And treat humans like machines?\""}
{"_id": "244551", "title": "", "text": "\"this is purely psychological.  most people are absolutely terrible at keeping track of their finances.  to the point where they will use multiple separate accounts for different types of spending or savings goals.  when the average person tells the banker they want an account for the money they are saving, they get handed a \"\"savings account\"\" and don't bother to question how it is different from a checking account.\""}
{"_id": "244555", "title": "", "text": "\"Gnucash is much more designed for accounting than for budgeting. While it does have some simple budgeting features, they're largely based around tracking how much has been spent in the Expense categories/accounts, and seeing how close one is to a limit that's been set. Because the point of Gnucash is accounting, there's not a way to track an expense in two expense categories simultaneously. (You can split a transaction across multiple categories, to have a grocery store purchase of $150 be split across $100 Food and $50 Phone Minutes or whatever. But not have a $150 purchase be tracked as $150 Food and $150 Household expenses, because that's not how double-entry accounting works.) The closest way to do what I think you're looking for is to take advantage of the hierarchical account structure, and repeat subcategories as needed. For example: This would allow you to see Household expenses vs. Vacation expenses, and still see what it got spent on. Reporting on all \"\"Food\"\" purchases, if you want to do so, is slightly more tricky as you'd need to select all those \"\"Food\"\" categories separately in your report, but it's possible. You speak about wanting to \"\"track\"\" expenses multiple ways, so I think that this would allow you to record data sufficient to \"\"track\"\" it. But the point of tracking any data is to be able to report on it in some fashion, so if you have more specific reporting requirements, you might want to ask about that as well.\""}
{"_id": "244561", "title": "", "text": "\"You're certainly referring to \"\"Ex Post Facto\"\" laws, and while the US is constitutionally prohibited from passing criminal laws that are retroactive, the US Supreme Court has upheld many tax laws that apply tax code changes retroactively. You might ask a similar question on Law.SE for a more thorough treatment of the legalities of congress passing those laws, but I will stick to the personal finance portion of the question. What this means is that you can't expect that the current tax laws will be in force in the future, and your investment/retirement plans should be as flexible as possible. You may wish to have some money in both Roth and traditional 401(k) accounts. You might not want to have millions of dollars in Roth accounts, because if congress does act to limit the tax benefits of those accounts, it will probably be targeting the larger balances. If you are valuing tax deductions, you should put slightly more weight on deductions that you can take today than deductions that would apply in the future. If you do find yourself in trouble because of a retroactive change, be sure to consult a tax lawyer that specializes in dealing with the IRS to possibly negotiate a settlement for a lower amount than the full tax bill that results from the changes.\""}
{"_id": "244576", "title": "", "text": "Wow, that was certainly a change in tone for the worse. So much for civil discourse.   &gt;&gt;The multistep law went into effect in April 2015, when the city\u2019s minimum wage became $10 or $11, depending on business size, tips and benefits. Another hike occurred on Jan. 1, 2016. By 2021, the minimum will be $15 per hour for all workers.  Minimum wage in Seattle isn't $15/hr, which is a direct contradiction to the article's headline.  Furthermore:  &gt;&gt;**Much of that success, though, can be attributed to trends separate from the minimum-wage law itself**, such as the growth of Seattle\u2019s tech sector and its construction boom, according to a new report that University of Washington researchers presented to the City Council on Monday.   &gt;&gt;\u201cSeattle\u2019s experience shows that the city\u2019s low-wage workers did relatively well after the minimum wage increased, **but largely because of the strong regional economy,\u201d**   Seattle doesn't need minimum wage, it just needs to keep growing it's economy (which doesn't happen when you arbitrarily shut down successful businesses)."}
{"_id": "244577", "title": "", "text": "1. ETA's operations are on such a scale that they'd be able to undercut other relevant swiss mechanism manufacturers en scale.   2. I can very well say they've kept costs down and profits high by not having machining in house, because if it weren't the case, they'd have invested in it."}
{"_id": "244641", "title": "", "text": "Assets can be acquired in different ways and for different purposes. I will only address common legal ways of acquiring assets. You can trade one asset for another asset. This usually takes place in the form of trading cash or a cash equivalent for an asset. The asset received should be of equal or greater value than the asset given in the eyes of the purchaser in order for the trade to be rational. Take this example: I am selling a bike that has been sitting on my porch for a few months. It's worth about $25 to me. My friend, Andy, comes by and offers $90 for it. I happily accept. Andy valued the bike at $110. This transaction produced value for both parties. I had a value benefit of $65 (90 - 25) and Andy had a value benefit of $20 (110 - 90). You can receive an asset as a gift or an inheritance. Less common, but still frequent. Someone gives you a gift or a family member dies and you receive an asset you did not own previously. You can receive an asset in exchange for a liability. When you take out a loan, you receive an asset (cash) which is financed by a liability (loan payable). In your case: Why would I buy a mall if having assets worth the same amount as the mall? I must value the mall more than the assets I currently have. This may stem from the possibility of greater future returns than I am currently making on my asset, or, if I financed the purchase with a liability, greater future returns than the cost associated with payment on the principal and interest of the liability."}
{"_id": "244642", "title": "", "text": "I just fucking wish LTE would get here in St. Louis.  It wasn't in the first set of Sprint cities and now it's not in the second set of 80+ cities either. I switched from my WiMax Epic 4g to this 3g only Galaxy SIII"}
{"_id": "244643", "title": "", "text": "Hey, this kind of program/career seems to really fit my tastes. I tend to be interested in finances and business, etc., but I'm way too extroverted to be an analyst. Would you mind pming me about how you got to do what you're doing?"}
{"_id": "244650", "title": "", "text": "Some credit card rewards programs will not give you rewards for balances paid off early. I have a Capitol One Platinum card, and once paid off the full balance; both the full amount due for the recently ended billing period, and the amount that had accrued for the current billing period. I never received any reward points for the additional amount. Though this sounds like it's paying even earlier than you're talking about."}
{"_id": "244659", "title": "", "text": "I actually don't mind McDonalds as much as other redditors. However, McDonalds has a few challenges. How many burger joints do you know of? There's tons that have gotten out and popular. Expanding is getting tricky for them."}
{"_id": "244692", "title": "", "text": "\"One can generalize on Traditional vs Roth flavors of accounts, I suggest Roth for 15% money and going pretax to avoid 25% tax.  If the student loan is much over 4%, it may make sense to put it right after emergency fund.  For emergency fund priority - I'm assuming EF really requires 2 phases, the $2500 broken transmission/root canal bill, and the lose your job, or need a new roof level bills. I'm in favor of doing what let's you sleep well. I'm also quick to point out that if you owe $2500 at 18%, yet have $2500 in your emergency fund, you're really throwing away $450 in interest each year. There's an ongoing debate of \"\"credit card as emergency fund.\"\" No, I don't claim that your cards should be considered an emergency fund, per se, but I would prioritize knocking off the 18% debt as a high priority. Once that crazy interest debt is gone, fund the ER, and find a balance for savings and the next level ER, the 6-9mo of expenses one. One can choose to fund a Roth IRA, but keep the asset out of retirement calculations. It's simply an emergency account returning tax free interest, and if never used, it eventually is retirement money. A Roth permits withdrawal of deposited funds with no tax or penalty, just tracking it each year. This actually rubs some people the wrong way as it sounds like tapping your retirement account for emergencies. For my purpose, it's a tax free emergency fund. Not retirement, unless and until you are saving so much in the 401(k) you need more tax favored retirement money. I wrote an article some time ago, the Roth Emergency Fund which went into a bit more detail.  Last - keep in mind, this is my opinion. I can intelligently argue my case, but at some point, it's up to the individual to do what feels right. Paying 18% debt off a bit slower, say 4 years instead of 3, in favor of funding the matched 401(k), to me, you run the numbers, watch the 401(k) balance grow by 2X your pretax deposits, and see that in year 3, your retirement account is jump-started and far, far more than your remaining 18% cards. Those who feel the opposite and wish to be debt free first are going to do what they want. And the truth is, if this lets you sleep better at night, I'm in favor of it.\""}
{"_id": "244696", "title": "", "text": "\"I work with a lot of C-suite executives from medium sized companies to large $4billion+ sized companies.  I cannot imagine a single one of them \"\"opening mail\"\".  Many that I know have an assistant go through their mail, toss or re-route anything that doesn't need the executives attention and then they create a bullet-point summary email that addresses anything the executive needs to know or take action on.  Same goes for most executives I know with regards to their email.  Many of them have a \"\"public\"\" email that is filtered by their assistant and a \"\"direct\"\" email that is used for internal use that goes direct to their phone/laptop.\""}
{"_id": "244701", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/features/2017-03-23/inside-alabama-s-auto-jobs-boom-cheap-wages-little-training-crushed-limbs) reduced by 97%. (I'm a bot) ***** &gt; Elsea went to work in February 2016 at Ajin USA in Cusseta, Ala., the same South Korean supplier of auto parts for Hyundai and Kia where her sister and stepdad worked.  &gt; The situation is much worse at parts suppliers, where workers earn about 70&amp;cent; for every dollar earned by auto parts workers in Michigan, according to the Bureau of Labor Statistics.  &gt; The agency cited one year, 2010, when workers in Alabama parts plants had a 50 percent higher rate of illness and injury than the U.S. auto parts industry as a whole.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78khnh/inside_alabamas_auto_jobs_boom_cheap_wages_little/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234519 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **part**^#2 **plant**^#3 **Safety**^#4 **Elsea**^#5\""}
{"_id": "244707", "title": "", "text": "They are entitled to a benefit for things for survival, This is not a UBI. If they have enough food to be giving it away, the system isn't working properly.  You think because they're (the abusers of the system) are being a useless member of society that they are entitled to have these benefits, which legally they are, but this should not be a long term solution for millions of people, which it is.  Are we talking about a small amount of people, from what google says its a pretty big issue.   We have a military, start your own rant thread about that if you want to talk about that or better yet, go join the military and fix it from the inside out."}
{"_id": "244711", "title": "", "text": "You will not get a vote on any issues of the underlying stock.   The mutual fund owner/manager will do the voting. In 2004, the Securities and Exchange Commission (SEC) required that   fund companies disclose proxy votes, voting guidelines and conflicts   of interest in the voting process. All funds must make these   disclosures to the SEC through an N-PX filing, which must either be   available to shareholders on the fund company's websites or upon   request by telephone. You can also find your fund's N-PX filing on the   SEC website.  -- http://www.investopedia.com/articles/mutualfund/08/acting-in-interest.asp"}
{"_id": "244714", "title": "", "text": "to find out how, please click the link above and read this post NOW! for sure you will learn a lot from it most especially on how you can get rid of errors in your annual credit report."}
{"_id": "244728", "title": "", "text": "Cato is hardly an unbiased source, as they are a libertarian think-tank. They pretend a whole list of other important differences don't exist, and conveniently ignore the fact that Kansas switched to the Texas model and then experienced steep economic slowdown and budget shortfalls. Setting taxes is a process of balancing competing interests. High taxes can absolutely be damaging, but so can taxing too little. Both the libertarian and statist ideologies tend to lead to ruin."}
{"_id": "244731", "title": "", "text": "\"I didn't downvote but I will disagree wholeheartedly with your 75% decline analogy. That's like a palm reader predicting that someone is going to die. Well no shit, I'm sure someone is, somewhere, at some point. Or an analyst saying a stock will drop because of A, but it actually drops because of B, and you say \"\"See! I told you it was going to drop!\"\". All you're doing at that point is throwing something at a wall and hoping it sticks.\""}
{"_id": "244733", "title": "", "text": "\"First, when a debt collector says, \"\"It's to your advantage to give me money now\"\", I'd take that with a grain of salt. My ex-wife declared bankruptcy and when debt collectors couldn't find her, they somehow tracked me down and told me that I should tell her that it would be to her advantage to pay off this debt before the bankruptcy went through. That was total nonsense of course. The whole point of bankruptcy is to not have to pay the debt. Why would you pay it just before it was wiped off the books? (Now that I think of it, I'm surprised that they didn't tell me that I should pay her debts.) As others have noted, this would be controlled by state law. But in general, when someone dies any debts are payed from the assets of the estate, and then whatever is left goes to the heirs. If nothing is left or the debts exceed the assets, then the heirs get nothing, but they don't have to pay somebody else's debts. I don't see how you could \"\"put the house under your name\"\". If he left the house to you in his will, then after any debts are settled in accordance with state law, the house would transfer to you. But you can't just decide to put the house in your name outside of the legal inheritance process. If you could, then people could undermine a will at any time by just deciding to take an asset left to someone else and \"\"put it in their name\"\". Or as in this case, people could undermine the rights of creditors by transferring all assets to themselves before debts were paid. Even if there's some provision in your state for changing the name on a deed prior to probate to facilitate getting mortgages and taxes paid or whatever, I would be quite surprised if this allowed you to shelter assets from legitimate creditors. It would be a gaping loophole in inheritance law. Frankly, if your father's debts are more than the value of his assets, including the value of the house, I suspect you will not be able to keep the house. It will be sold to pay off the creditors. I would certainly talk to a lawyer about this as there might be some provision in the law that you can take advantage of. I'll gladly yield on this point to anyone with specific knowledge of New Jersey inheritance law.\""}
{"_id": "244749", "title": "", "text": "Is selling Vested RSU is the same as selling a regular stock? Yes. Your basis (to calculate the gain) is what you've been taxed on when the RSUs vested. Check your payslips/W2 for that period, and the employer should probably have sent you detailed information about that. I'm not a US citizen, my account is in ETrade and my stocks are of a   US company, what pre arrangements I need to take to avoid tax issues? You will pay capital gains taxes on the sale in Israel. Depending on where you were when you earned the stocks and what taxes you paid then - it may open additional issues with the Israeli tax authority. Check with an Israeli tax adviser/accountant."}
{"_id": "244754", "title": "", "text": "You can use long-term options called LEAPS to increase dividend yield. Here's how it works: Let's say you buy a dividend-yielding stock for $38 that pays an annual dividend of $2 for a 5.3% yield. Next, you SELL a deep-in-the-money LEAPS options. In this hypothetical we'll sell the $25 call option for $13. That now reduces our cost basis from $38 to $25. Since the dividend remains @ $2, our yield is now $2/$25 = 8%. Now there are issues that may need to be dealt with like early assignment of the option where rolling the option may be necessary.  More details of this strategy can be found on my website."}
{"_id": "244775", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://bilbo.economicoutlook.net/blog/?p=36982) reduced by 94%. (I'm a bot) ***** &gt; Today&amp;#039;s blog completes my little history of the US Treasury Federal Reserve Accord, which really marked a turning point in the way macroeconomic policy was conducted in the US. In Part 1, I explained how from the inception, the newly created Federal Reserve Bank, America&amp;#039;s central bank, was required by the US Treasury Department to purchase Treasury bonds in such volumes that would ensure the yields on long-term bonds were stable and low.  &gt; The Federal Reserve certainly ought not to drive rates up by selling in the market and should work with the Treasury to keep confidence in a stable market.  &gt; Third, according to Allan Sproul&amp;#039;s 1964 Reflection - The &amp;quot;Accord&amp;quot; - A Landmark in the First Fifty Years of the Federal Reserve System - published by the Federal Reserve Bank of New York in its Monthly Review, the conflict between the Federal Reserve and the Treasury arose because they had &amp;quot;Overlapping responsibilities&amp;quot; between 1914 and 1951.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/727ww1/when_intragovernmental_relations_became_absurd/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~215878 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Federal**^#1 **Market**^#2 **Treasury**^#3 **Reserve**^#4 **Bank**^#5\""}
{"_id": "244787", "title": "", "text": "\"This is a \"\"blanket narrative\"\" that has existed for thousands of years as a legitimate and serious criticism of democracy.  https://en.m.wikipedia.org/wiki/Athenian_democracy  &gt; At times the imperialist democracy acted with extreme brutality, as in the decision to execute the entire male population of\u00a0Melos\u00a0and sell off its women and children simply for refusing to become subjects of Athens. The common people were numerically dominant in the navy, which they used to pursue their own interests in the form of work as rowers and in the hundreds of overseas administrative positions. Further they used the income from empire to fund payment for officeholding. This is the position set out by the anti-democratic pamphlet known whose anonymous author is often called the\u00a0Old Oligarch. This writer (also called pseudo-Xenophon) produced several comments critical of democracy, such as:  &gt; 1. Democracy is not the rule of the demos qua citizenship in the interest of the entire polis, but the self-interested rule of a sociological faction.  So seriously in fact, that the framers took special care in addressing it when they wrote our constitution.  http://www.constitution.org/fed/federa10.htm  &gt; The instability, injustice, and confusion introduced into the public councils, have, in truth, been the mortal diseases under which popular governments have everywhere perished; as they continue to be the favorite and fruitful topics from which the adversaries to liberty derive their most specious declamations. The valuable improvements made by the American constitutions on the popular models, both ancient and modern, cannot certainly be too much admired; but it would be an unwarrantable partiality, to contend that they have as effectually obviated the danger on this side, as was wished and expected. Complaints are everywhere heard from our most considerate and virtuous citizens, equally the friends of public and private faith, and of public and personal liberty, that our governments are too unstable, that the public good is disregarded in the conflicts of rival parties, and that measures are too often decided, not according to the rules of justice and the rights of the minor party, but by the superior force of an interested and overbearing majority.\""}
{"_id": "244790", "title": "", "text": "I don't believe you would be able to with only Net Sales and COGS.  Are you talking about trying to estimate them?  Because then I could probably come up with an idea based on industry averages, etc.  I think you would need to know the average days outstanding, inventory turnover and the terms they're getting from their vendors to calculate actuals.  There may be other ways to solve the problem you're asking but thats my thoughts on it."}
{"_id": "244808", "title": "", "text": "\"Yes, it is possible.  Although there may be red tape for a business account, Alliant Credit Union offers completely online signup and their representatives are reachable by email. You'll probably need to send in the LLC articles this way http://www.alliantcu.com/checking-accounts.html (as pointed out by @littleadv this site defaults to \"\"personal checking\"\" accounts, there is a business checking tab which doesn't generate a direct link, some might miss that) And even if there are a ton of regulations that some pencil pushers at larger banks anecdotally cite (without citing), there will be enough banks that don't care. Good Luck\""}
{"_id": "244811", "title": "", "text": "If it was me, I would consider selling both properties.  Unless of course your renters from the first house are very, very good; and you have a good handy man in the area.   Managing real estate from a distance is tricky, and $400 per month is not a lot of wiggle room.  You would be taking on a lot of risk with only 40K in the bank, a 200K salary, three mortgages (one likely a jumbo) and a student loan.   Yea, if it was me I would sell both."}
{"_id": "244813", "title": "", "text": "\"It depends.  Dividends and fees are usually unrelated. If the ETF holds a lot of stocks which pay significant dividends (e.g. an S&P500 index fund) these will probably cover the cost of the fees pretty readily. If the ETF holds a lot of stocks which do not pay significant dividends (e.g. growth stocks) there may not be any dividends - though hopefully there will be capital appreciation. Some ETFs don't contain stocks at all, but rather some other instruments (e.g. commodity-trust ETFs which hold precious metals like gold and silver, or daily-leveraged ETFs which hold options). In those cases there will never be any dividends. And depending on the performance of the market, the capital appreciation may or may not cover the expenses of the fund, either. If you look up QQQ's financials, you'll find it most recently paid out a dividend at an annualized rate of 0.71%. Its expense ratio is 0.20%. So the dividends more than cover its expense ratio.  You could also ask \"\"why would I care?\"\" because unless you're doing some pretty-darned-specific tax-related modeling, it doesn't matter much whether the ETF covers its expense ratio via dividends or whether it comes out of capital gains. You should probably be more concerned with overall returns (for QQQ in the most recent year, 8.50% - which easily eclipses the dividends.)\""}
{"_id": "244825", "title": "", "text": "When you say financial planning do you mean like managing clients money? There are a universe of jobs at those firms, but i think of financial planners more like the client facing sales guys. You would need understanding of the markets and to be comfortable with sales and probably some sort of license which those firms will often foot the bill for. Probably not a bad option if you like sales. General organizational skills and presentation skills are important.  Financial analysis is more data focused. You would want to demonstrate an ability to work with data and derive meaningful insights."}
{"_id": "244832", "title": "", "text": "What you say is 100% true and I will add: I want to hear and see that you are not too qualified so, one day, you will advance and be a threat to my [inept] qualifications.  In this case, being a CHIEF Security Officer, I think it ALSO requires good connections beyond saying what I want to hear."}
{"_id": "244853", "title": "", "text": "\"You could call it \"\"multiple streams of income\"\" a la Robert Allen and others. Or you could call it \"\"Do once, sell many\"\" or something like that.\""}
{"_id": "244856", "title": "", "text": "No. When you file your Articles of Organization, simply state that your business will operate under the law. You don't need to give any further specification."}
{"_id": "244888", "title": "", "text": "First of all, I've been out of college for over a decade, so good job on the assumptions. /s  Secondly, when calculating capital gains, you have to take into account the depreciation of the asset. As you would have it, a house owned for 20 years would be fully depreciated, and so no capital gains would apply to such a case.   But don't let facts or knowledge get in the way of your trolling, please."}
{"_id": "244893", "title": "", "text": "\"It's been pretty crazy here, every YouTube pre-roll, every banner ad, etc. It's really annoying hearing people say, \"\"we at big tobacco support cancer research and think it's great, but this bill is flawed.\"\" As if they would stand behind a cigarette tax law with slight changes...  I enjoy clicking them just to cost the No on 29 people $0.16. Take that!\""}
{"_id": "244911", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ceps.eu/publications/new-era-eu-energy-policy-delivering-energy-union-national-plans) reduced by 91%. (I'm a bot) ***** &gt; At the core of the new system are Integrated National Energy and Climate Plans, in which member states will set out their national contributions to the 2030 energy targets and present objectives as well as policies and measures for each dimension of the Energy Union.  &gt; The new Integrated National Plans incorporate previous sectoral planning instruments, such as National Renewable Energy Action Plans and National Energy Efficiency Action Plans, and ensure close alignment with the review cycle of the Paris Agreement.  &gt; In conclusion, while the transition to the new energy and climate policy regime for 2030 and beyond may require some short-term efforts by all stakeholders, the Energy Union governance system and its new National Plans will provide direct benefits for member states, investors and citizens alike in the medium and long term.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fng8z/ceps_a_new_era_of_eu_energy_policy_delivering_on/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~137932 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Energy**^#1 **national**^#2 **Plans**^#3 **policy**^#4 **state**^#5\""}
{"_id": "244961", "title": "", "text": "\"I'll echo: many factors. Brand: There are generally two levels of pricing: \"\"major brand\"\" and \"\"discount brand\"\". You can generally expect the \"\"discount brand\"\" to cost about 5-10 cents less per gallon in the same neighborhood as \"\"major brand\"\" gas. This is for a number of sub-factors; chief among them is that not all gasolines are created equal. A lot of the major brands (Shell, Texaco, Chevron, BP, Exxon) have proprietary detergents and cleaning agents that the discount brands do not. They're also generally closer to the real octane rating of the gas, have less ethanol (you'll see the sign that says \"\"contains up to 10% ethanol\"\"; the bargain brands are right up at that limit while the top-tier brands keep it lower) and have stricter requirements about storage tank maintenance. Anyone who tells you that all gas is the same, send em my way; I tried to save a few bux buying the cheaper stuff and now my car needs an engine overhaul because of fouling causing premature wear. A couple of my co-workers got a fuel system overhaul free from the local supermarket because the storage tank wasn't properly purged, and they got water into their gas tanks. Market Price: Yes, this is of course a factor. Generally, gas prices at the pump rise very quickly when the market price of crude or gasoline goes up, then fall more slowly than the market price, because the margins on gas sales for a C-store are very slim. When prices change, the C-stores lose either way; when prices rise they have to pay more than they got from the last tankful to buy the next one, and when prices fall they don't recoup the cost of their current tank. By quickly increasing the price to match commodities market prices, then gradually lowering them over time even if the market collapses, they mitigate the losses both ways. Overhead: A gas station right next to a highway probably had to pay more for that land, both to buy/lease it and in property taxes. Nicer (newer, cleaner) stations generally have to pay more to stay that way. The higher your operating costs, the more you'll have to charge for your gas. You can usually do so because the nicer station will attract customers willing to pay a few cents more for the nicer facilities. Taxation: Most States charge a tax on gasoline, in addition to a Federal tax on gas. That revenue either goes into the State's general fund, or is earmarked for transportation costs like road maintenance. California's gas prices are sky-high across the state, because they have the highest gas tax. I'm not sure Colorado, Wyoming and Montana have gas taxes at all. Proximity to other stations: No matter what you have to pay for the land and facilities, if there's another station across the street, you have to be within a penny of their price or people will vote with their feet. While \"\"predatory pricing\"\" (taking a loss on sales in one area, buffered by profits elsewhere, in order to drive out competition) is technically illegal, you see it all the time in the C-store industry and it is very difficult to prove. This is a primary cause of neighborhood-to-neighborhood changes; a C-store will look around the other stations on their street corner, and the ones down the road a block or two each direction, when determining what they can sell gas for that day. The guy five blocks down has a completely different pool of competing stations. Population Distribution: With a lot of people in a particular area, there's a big \"\"pie\"\" of customer dollars for C-stores to compete for. This generally leads to increased prices because the stations don't have to be AS cutthroat; regardless of how good your price is, you have only so many pumps, and at some point people will pay more to use the open pump than wait for the cheaper one. The reverse is true in rural areas; with only two stations in an entire small town, those two stations will become extremely cutthroat. However, rural prices also vary more; with only one station in easy walking distance from where you ran out of gas, they can charge you $6 to fill that gallon gas can if they want, and you'll pay it because the next gas station's another 20 miles down the road and probably has even higher prices. This, along with overhead, is generally why the Rockies states have the lowest average prices; land's cheap and people are scarce in Wyoming. But, the \"\"price-gouging\"\" can be seen in the rural Southwest, where there's a LOT of ground to cover between gas stations, and so the \"\"last chance gas\"\" along major highways just outside of town, each a nickel to a dime more than the previous station, is a common stereotype. Transportation costs: Prices are higher on the East and West Coasts than in the Gulf States for a very simple reason; the bulk of the U.S. refinery capacity is along the Gulf Coast between Galveston and the Florida border. The further you are from there, the more it costs to get the fuel from the refinery to the gas station, and that cost is reflected at the pump. In fact, the East Coast imports gasoline by tanker even though the United States is now a net exporter of gasoline, because it's cheaper to buy it from foreign sources than it would be to watch it drip through the limited pipeline capacity that exists between the Gulf states and the Eastern Seaboard.\""}
{"_id": "244962", "title": "", "text": "Just adding on a touch, when market participants refer to swaps they are talking about the fixed leg.   So for example, if I said a 5y Receiver, it means I am receiving fixed, paying floating. Ie I want yields to fall. Opposite for a Payer.  Swaption is just an option on these swaps, so basic swaptions:  Long Payer Short Payer Long Receiver Short Receiver"}
{"_id": "244967", "title": "", "text": "It just takes a decent power outage to make it worth having some cash on hand.  It's possible that worse things can happen as well -- things that would shut the financial system down or cause bank runs. It is an assumption that you'll always be able to (a) access your money at your bank, either via teller transaction or ATM, and (b) pay with a debit card or credit card.  If either (or both) of these abilities are taken away, you'll be glad you have some cash. The amount that you have on hand (how much you want to hedge against these possibilities) is up to you."}
{"_id": "244969", "title": "", "text": "Are you Searching for to sell iphone? Sell My fone is the best place to sell iphone very quickly and instantly at very genuine price with the least amount of efforts. We are able to sell our old iphone in the fastest way possible and get the best customer experience."}
{"_id": "244973", "title": "", "text": "It's very possible that someone would lie to their landlord/landlady, but not be prepared to lie to the police.  So here's what I would do. Advise your tenant that since her money has been stolen from your letterbox, she should report the theft to the police. If she refuses to report the theft to the police, then her story is probably a lie.  In which case, treat the rent as deliquent and demand payment in full.  Invoke whatever kind of recourse is available in your jurisdiction. If she goes ahead and reports the theft, then it's very likely that her story is true.  It's probably in your interest to stay on good terms with such a tenant, so you could offer to split the loss with her.  But let her know that this is a one-time offer, and you won't be so generous again."}
{"_id": "244986", "title": "", "text": "\"I support the strategy to buy a less expensive car at the outset and then save for that more expensive car. You mentioned that you would be able to save $9000 by the time you had to start making payments. That sounds like a great budget for car shopping. For $9k you can get a dependable used car.  If you find the right high-yield savings account you can get around 2% on your $500/month direct deposit. That's a difference of about 5% when you add in the 2.9% interest that you would have been paying on the loan. (You can't find such a low risk investment that would yield 5% these days.)  Also, at that rate (2%) you would have $27k saved up in less than 52 months, or over $31k in 60 months. Then you could buy a BMW with cash! And I'm sure they would give you a cash discount. Alternatively you could be just finishing paying off the loan and might already be looking at the next car you'll take a loan out for. The point is not that you have to completely deprive yourself for the rest of your life. But by not taking out a loan you were certainly come out ahead in 5-10 years time.  Also, one common mistake that new grads make is thinking that they are rich right out of college. Yes, you definitely have a nice salary and \"\"could afford it\"\" by most people's standards.  I have a coworker that graduated and started work a year ago. He first bought a brand new Subaru. Why Subaru I do not know, but that is what he thought he wanted. After driving the car for a few months he decided for a few reasons that it was not what he wanted. So he sold the car (for a loss) and bought a slightly used Nissan Z. He has since decided that he needs a more practical car for day to day driving to minimize the abuse that his Z takes. So he has bought another car. This time a low budget Honda. Had he started with a low budget car he could be driving the same car to work right now, but have a good chunk of savings for a new car instead of a loan and a car that he drives only occasionally.\""}
{"_id": "245005", "title": "", "text": "I generally agree with the other answers.  Regarding the bit about your loan from your parents... Your arrangement with your parents is certainly material to you getting another  loan.  The mortgage application will probably require you to disclose all outstanding debt.  Obviously, if you choose to omit it and your parents don't tell, it probably won't come up.  But that would be unethical (definitely) and illegal (probably).   Whether this will interfere with you getting a loan is another question, but since it's your only debt it will probably be OK."}
{"_id": "245008", "title": "", "text": "Its pretty simple why BMW and other German companies have thrived and its that they've delivered cars that consumers want.  GM failed at this and Ford is at least producing high quality cars, but not necessarily conveying the kind of brand value that the Germans have been so successful at.  Keeping a cap on costs is just one element of business.  Augmenting revenues is another.  If you're exceptional at selling the product and have great brand value (Apple, Coca-Cola, BMW) you don't have to pay attention to the costs as much."}
{"_id": "245011", "title": "", "text": "\"Income generated from online sales is not considered \"\"passive income\"\", so you need to be authorized to work in the U.S. Those without work authorization can acquire passive income (through investments, lending, competition/contest earnings, etc.) In order to sell products on eBay (the description you've given leads me to believe that this is operated as a business), you need to be authorized to work in the U.S., and register a business. See:\""}
{"_id": "245046", "title": "", "text": "&gt; This would hurt the lawyer lobby  I mean, yes and no. The civil defense bar (and lots of companies) probably wouldn't mind - it is a valid legal tactic to try and get a class denied. Making that easier could make defending a number of mass torts easier."}
{"_id": "245057", "title": "", "text": "London is a unique and vibrant city with a great deal of opportunity for those looking to create, build and run a successful business. It would be impossible to identify all of the rising stars in the United Kingdom's booming capital, but here are five..."}
{"_id": "245069", "title": "", "text": "\"I dislike this argument that government pressure to make bad loans is the origin of subprime loans.   In fact, the term subprime is because those type of loans can't be underwritten by the government.  Usually the concept of government forcing bad loans, is government forcing banks to give minorities and low-income people loans for their first houses.   The government requires w-2 income and a base credit score to procure these loans.  At the peak of the bubble, the majority of home sales were for investment purposes, not homeownership purposes.   Those who declared the housing market was wildly unstable (and who were proven right) were talking about the problem of mortgage brokers being incentivized to lie about a person not being qualified for prime government loans, in order to make more money by putting them in lucrative subprime loans (or simply advising them they were better off in subprime and could get cash out up front!).  Also, liar no-doc loans were booming and speculators and house flippers were getting multiple properties in order to flip them for profit.  Once upon a time these speculators would make sure they could rent out the house for the carrying costs if they needed to.  0 down, 0 interest meant a whole different speculatory ballgame.    Ah, but maybe these speculators wouldn't have anyone to sell to if low income people couldn't get prime loans from the gov?  All evidence points to them selling to other speculators until there was no fool left to hold the bag.  See: Miami, Las Vegas, etc.  EDIT:  I forget that the argument has hopscotched from Fannie &amp;Freddie, to the end of redlining, to the CRA, and now to changes made to the CRA, where the argument finally gains a bit of traction: &gt; Law professor Michael S. Barr, a Treasury Department official under President Clinton,[63][131] stated that approximately 50% of subprime loans were made by independent mortgage companies that were not regulated by the CRA, and another 25% to 30% came from only partially CRA regulated bank subsidiaries and affiliates. Barr noted that institutions fully regulated by CRA made \"\"perhaps one in four\"\" sub-prime loans, and that \"\"the worst and most widespread abuses occurred in the institutions with the least federal oversight\"\"  Further, the discussion devolves into whether the idea and enthusiasm of the rest started as a seed from the regulated banks, how much removing risk by Wall Street with non-government backed home loans through credit instruments had its origination in the CRA, and how much of the failure of ratings agencies to properly rate those credit instruments has to do with the US government and the CRA and not regular Wall Street greediness.  So originally I stated \"\"no relationship\"\" but yes, once you get into the complexity of it all I'm sure we could find a way to say a global mania in speculation in real estate is due to the American government getting poor people into their first home, and generally has nothing to do with the human condition of wanting something for nothing and getting excited when the government allows you to sell blue sky returns to foolish speculators.\""}
{"_id": "245082", "title": "", "text": "There is no difference.  When dealing with short positions, talking about percentages become very tricky since they no longer add up to 100%.  What does the 50% in your example mean?  Unless there's some base amount (like total amount of the portfolio, then the percentages are meaningless.  What matters when dealing with long and short positions is the net total - meaning if you are long 100 shares on one stock trade and short 50 shares on another, then you are net long 50 shares."}
{"_id": "245083", "title": "", "text": "&gt; No, there is not a finite amount of work to be done, people have unlimited wants. Say we do fully automate all physical work, everyone could simply expand our human understanding, create art, play spectator sports, jobs that I can't even think of because there are not very important to us now but when more important concerns are met, these less important concerns, like art, become the most important.  And with no jobs, how are people going to pay for all this?  Oh, and it\u2019s not France who outlawed overtime, it\u2019s Belgium."}
{"_id": "245091", "title": "", "text": "Yeah that's not really that many employees seeing as how big Twitter has become. Twitter may seem simple too upkeep from the outside looking in but trust me it requires a lot more than you would think, 3000 may even be a small number."}
{"_id": "245117", "title": "", "text": "The dividend yield can be used to compare a stock to other forms of investments that generate income to the investor - such as bonds.  I could purchase a stock that pays out a certain dividend yield or purchase a bond that pays out a certain interest.  Of course, there are many other variables to consider in addition to yield when making this type of investment decision. The dividend yield can be an important consideration if you are looking to invest in stocks for an income stream in addition to investing in stocks for gain by a rising stock price. The reason to use Dividend/market price is that it changes the dividend from a flat number such as $1 to a percentage of the stock price, which thus allows it to be more directly compared with bonds and such which return a percentage yeild."}
{"_id": "245121", "title": "", "text": "\"Follow on on 'unrelated' and maybe indirectly answering your question: https://www.nytimes.com/2017/06/25/business/india-outsourcing-layoffs-automation-artificial-intelligence.html  My take: \"\"And West is closing its gates. The only global thing that seems fairly sure is the universal social unrest! Ghosts of Marx and Engels carrying pitchforks? Doesn't seem that far-fetched!\"\"\""}
{"_id": "245122", "title": "", "text": "Talk to a tax professional. The IRS really doesn't like the deduction, and it's a concept (like independent contractors) that is often not done properly. You need to, at a minimum, have records, including timestamped photographs, proving that: Remember, documentation is key, and must be filed and accessible for a number of years. Poor record keeping will cost you dearly, and the cost of keeping those records is something that you need to weigh against the benefit."}
{"_id": "245161", "title": "", "text": "If they give an animal antibiotics and label it as USDA organic, they're breaking the law.  http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&amp;sid=464cbcd2c010c427c9369a688a92e5fe&amp;rgn=div8&amp;view=text&amp;node=7:3.1.1.9.32.3.354.12&amp;idno=7  &gt;(c) The producer of an organic livestock operation must not:  &gt;(1) Sell, label, or represent as organic any animal or edible product derived from any animal treated with antibiotics, any substance that contains a synthetic substance not allowed under \u00a7205.603, or any substance that contains a nonsynthetic substance prohibited in \u00a7205.604.  &gt;...  &gt;(7) Withhold medical treatment from a sick animal in an effort to preserve its organic status. All appropriate medications must be used to restore an animal to health when methods acceptable to organic production fail. Livestock treated with a prohibited substance must be clearly identified and shall not be sold, labeled, or represented as organically produced."}
{"_id": "245166", "title": "", "text": "\"I mean, best of luck for this company, but there are empirical reasons why many companies do not strongly favor very old employees.  From a business perspective, it doesn't make sense to hire someone unless they are the best for their job. Anything else is not really \"\"business\"\" and is more on the charity/socialism side of things.\""}
{"_id": "245168", "title": "", "text": "Warren Buffett answered this question very well at the 2009 Berkshire Hathaway annual meeting.  He said that it was important to read everything you can about investing.  What you will find is that you will have a number of competing ideas in your head.  You will need to think these through and find the best way to solve them that fits you. You will mostly learn how to invest through good examples.  There are fewer good examples out there than you might think, given how many books there are and how many people get paid to give advice in this area.  If you want to see how professional investors actually think about specific investments, over a thousand investment examples can be found at www.valueinvestorsclub.com, just login as a guest.  The site is run by Joel Greenblatt (you would benefit from reading his books also), and it will give you a sense of the work that investors put into their research. Good luck."}
{"_id": "245174", "title": "", "text": "First I must say that I'm not a Ramsey fan. Sometimes loans will make your financial situation significantly better. Especially if its a 0% loan. Generally, I do think that leveraging has its place, its the ab-use of loans what causes problems, not the use. Re your question - you're right in trying to first build up an emergency fund. You should have enough in it to be able to pay for yourself for at least half a year of unemployment or zero income. You only have one month. Your family member gave you money for free, which is admirable, but I'm sure there's a limit to everyone's generosity and he might not give it to you for free again, once you pay it off. Thus, you should be able to handle your future troubles on your own, and emergency fund is a crucial part of this. Pay as agreed, try not to be late, and you'll pay the loan off within 3 years. If you accumulate enough emergency fund, and you still have some extra left - pay some extra on the loan in order to pay it off early. Do make sure you take full advantage of the employer's 401k match. This has, IMHO, much higher priority than paying off the 0% loan early."}
{"_id": "245185", "title": "", "text": "Hello i am Jack living in USA. If you are interested in medical programs than here is something good for you. Have a look.. Emergency Medical Technician - Basic EMT training course, offered throughout the New York area, and take the first step to a real future in the rapidly growing world of healthcare with a career in FDNY, private, and hospital-based ambulance services."}
{"_id": "245187", "title": "", "text": "\"Thats cool but also sounds very illegal? on quite a few levels.  I Imagine its a huge conflict of interest for a government entity to contract services from an employee within that \"\"branch\"\".  You're also lying to your employer and obfuscating the source of the services (just because no one cares right now, doesn't mean its not a lie).  And i dont know how it works in the public sector, but with most companies anything you make while employed by the company is company property and they would have grounds to terminate you, sue you for damages, and take possession of your software.\""}
{"_id": "245195", "title": "", "text": "\"Google is not a public service. They have no obligation not to overshadow other companies, so long as they aren't misrepresenting those companies. People who want to use Orbitz or whatever can still visit those websites directly, and people using Google to search for Orbitz will not be shown competing services instead.    Google's just offering people the information that they're looking for. I fail to see how this is new or different, let alone \"\"potentially endangering industries.\"\"\""}
{"_id": "245198", "title": "", "text": "\"I listened to about 15 minutes of the video, but then I read your other link, which gives a much better summary. This guy is an idiot. Just consider this statement: \"\"If everyone was taxed at 100%, it wouldn't be enough to balance the federal budget.\"\" This is true to some extent. It wouldn't be enough to balance the federal budget in one year. Experts often cite things like debt to GDP to show that a country's debt is ballooning, but they don't mention this obvious fact: We don't have to pay off our debts in a single year. Nobody does. Debt to GDP is a ratio and not the end all be all. Reinhart & Rogoff wrote a paper about how countries with high debt to GDP tend to have slower economic growth, but they don't mention that this occurs at every stage of debt growth. See Debt & Delusion by Dr. Robert Shiller for a great article on this subject. The daily kos article goes over most of the points I would make, but let me generalize a little: Always be wary of doomsday-predictors and free advice. This guy talks about correctly calling Fannie and Freddie. Even if he's right, why is he mentioning it? If he's such a good accountant and financial expert, surely he could've seen the tech bubble before the housing bubble right? It took a lot of analysis to figure out that CDO's were junk - anybody with the ability to read a balance sheet could see that many tech companies were overvalued. Every now and then, you get one hit wonders. They might never be right again, but they have the \"\"credentials.\"\" If these people were really that good, they wouldn't be selling investment newsletters. They'd be applying their strategies and getting rich. Buffett has been getting rich for over 50 years, and he's not publishing newsletters with \"\"secret, genius\"\" strategies. He's made it pretty clear what his philosophy is, and anyone who follows it patiently will make money. Stransberry's argument only makes sense if you agree with the assumptions. The US will implode if nobody accepts our money. Nobody will accept our money if we're no longer the reserve currency or hyperinflation occurs or something like that. People have been predicting doom after every bubble, but that doesn't make it true. Some of his points (like the fact that we have too much debt) are valid, and I predict that the world will go into a period of deleveraging now. Nonetheless, the whole \"\"we will implode\"\" story is a scary picture, but it's just that - a picture.\""}
{"_id": "245202", "title": "", "text": "Aside from my preamble and conclusion, do you agree or disagree with the principles that I have stated?  If you have studied a wide range of works and have drawn an objective conclusion that contradicts the principles that I've stated, then please let us debate them. I'm not interested in ad-hominem mud slinging.  I will however defend myself against one claim which I see as the most dangerous: you accuse me of playing an 'enlightenment game', implying that the process of demonstrating new ideas and encouraging thought is somehow a cheap or underhanded tactic. I reject your implication."}
{"_id": "245214", "title": "", "text": "The Gourmet food PR services by Crier Communications helps you to get your brand positioned among the top food businesses in the city. For more information, visit: 9507 Santa Monica Blvd. Beverly Hills, CA 90210 or Call us at: 310-274-1072  Company Name: Crier Communications Address:  9507 Santa Monica Blvd.                   Beverly Hills, CA 90210  Phone: T 310 274 1072 Email: info@crierpr.com  Webiste: http://crierpr.com/"}
{"_id": "245228", "title": "", "text": "In my mind you would get all the money. You owned 100% when that transaction occurred. S/He gets 10% then on everything after. I usually go to an extreme case to figure out the answer.  So... If S/He bought 100% of the company it wouldn't go to the company it would go to you. I would be open to criticism on this answer I am answering from common sense not because I really know the answer."}
{"_id": "245250", "title": "", "text": "\"An alternative take on the \"\"why\"\" is that most people's credit is better than they think, and all of these banks offer credit products.  Put a \"\"good credit\"\" badge next to an ad for a shiny new card or auto refi, and it's just good business.\""}
{"_id": "245275", "title": "", "text": "Welcome to ASG Apple7 RERA approved project will offer 2/3 BHK apartments ranging from 1270 sq.ft.-1965 sq.ft. in sizes. A new residential project from ASG Developers has been launched in the prime location of Crossing Republik NH 24 Ghaziabad, christened ASG Apple7. ASG Apple7 will restore the eco-friendly lifestyle for you with features like ample greeneries, renewable energy sources, eco-friendly designing and rainwater harvesting, along with luxurious amenities.2/3 BHK Flats &amp; Ready to move Residential Flats for Sale in Crossing Republik NH 24 Ghaziabad."}
{"_id": "245276", "title": "", "text": "1-2 years is very short-term. If you know you will need the money in that timeframe and cannot risk losing money because of a stock market correction, you should stay away from equities (stocks). A short-term bond fund (like VBISX) will pay around 1%, maybe a bit more, and only has a small amount of risk. Money Market funds are practically risk-free (technically speaking they can lose money, but it's extremely rare) but rates of return are dismal. It's hard to get bigger returns without taking on more risk."}
{"_id": "245308", "title": "", "text": "Loans and bailouts to Spain is sending a distinct message to the sixteen other nations of the eurozone and one that could severely impact all of them.  The survival of the euro is very much close to an exit.  Register Today for all the exciting news and discussion groups we have to offer! @ http://www.igoldpost.com/register-today/"}
{"_id": "245330", "title": "", "text": "As of 2015, there were 1,650 IHOP restaurants in 50 states and the District of Columbia, as well as in Bahrain, Canada, Dubai (UAE), Guatemala, Kuwait, Mexico, Puerto Rico, Saudi Arabia, The Philippines and the U.S. Virgin Islands.  So 25 is 1.5% of 1650. So they closed less than 2% of their stores.  Applebees apparently has over 2000 restaurants. So 100-120 is 5-6% of their stores."}
{"_id": "245331", "title": "", "text": "I think that makes me want bdubs... Less. Especially since they wave this awesome points system in front of your face then your membership doesn't appear in the system no matter how many times you sign up again.... What a scam. Fk u bdubs."}
{"_id": "245339", "title": "", "text": "This edition of News Bites looks at an article by Bob Pozen and Theresa Hamacher, published by the Financial Analysts Journal in December, at a speech by Don Phillips of Morningstar given at the Business &amp; Wealth Management Forum held in October, and at McKinsey &amp; Company\u2019s most recent annual review of the asset management industry. All three discuss factors leading to success in the mutual fund industry."}
{"_id": "245340", "title": "", "text": "Sorry you\u2019re getting downvotes. At least the movie cites studies and sources which is a lot more than any of the people I see calling it a \u2018scam\u2019 or pseudo science are doing. Down voting you makes them feel better - because you know upvotes of majority is what defines what is true and what is \u2018science\u2019 in these parts.  Merchants of Doubt is a good documentary as well to watch."}
{"_id": "245355", "title": "", "text": "\"I can, but it takes a significant amount of time.   I'll do a short version which unfortunatley might leave more holes than you like. Basically, traders don't want to barter because it is hard to find the person with precisely the goods you want who wants to trade for the goods you have. Thus the need for \"\"coupons\"\" that represent value in a marketplace. Then you need to decide who gets to create coupons. If too many can issue them, problems arise, and no one trusts the coupons will be good later. Eventually you want one large bank/nation/trader to be able to issue them so everyone has the same level of trust in them, and you don't have the economic inefficiencies of many coupon issuers.  Next, the number of coupons needs to be enough to facilitate trade. If the amount of trade increases a lot, and the number of coupons doesn't increase similarly they become worth more, and people start to hoard them. This causes deflation, which causes less investment, which causes less growth, which hurts everyone in the long run.   If there are too many coupons added, this causes inflation, which causes people to spent them quicker instead of holding them. For reasons I won't cover here slight, predictable inflation is much better than deflation, so remember inflation is slightly preferred. Note that inflation is often caused not by the number of coupons but by external price changes.  Now, for a modern economy to do well, somone has to watch the economy, measure it carefully, and add/subtract coupons into the system as needed. Coupons, like all money, have no real value (whatever that means), but only have value because the holder expects to be able to trade them *later* for goods and services. You cannot eat coupons, use them for shelter (usually!), or wear them, but you want to trade them for such needs. The same is true for paper money, gold, stones, or almost whatever money system one uses. Money in all these forms is merely an IOU tradable for future goods.  The Fed is tasked (among other things) with making sure there is precisely enough coupons in the economy to keep trade functioning as well as possible. This is very hard to do since there are external and internal shocks to an economy (think disaster, foreign govts shutting off resources, rapid changes in people's tastes, etc.).   Central banks such as the Fed need to be independent of political control, since empirical evidence has shown that politicians tend to add more money to the system than is needed, because the short term gains give them votes, but the long term consequences (rapid inflation, unemployment, lower economic growth) are bad for society. This is why the Fed is largely out of congressional control, and large amounts of empirical evidence across hundreds of years and dozens of cultures shows this to be good.  Note: another function of the Fed is to be a lender of last resort to help prevent bank panics that were widespread in the 18th and early 19th century, something that none of us now remember, but it was a real problem. I'll skip that part for now.  So now we're at the point where the Fed needs to add/subtract coupons from society. To do this part justice takes significant time to cover all the reasons why various rules are in place (banking reserve requirements, for example), and you cannot learn it from one pass of reading.  But I'll try. Instead of being like the majority of internet fools that rail against the system, try to learn the *why* of all this, and you'll be much wiser and understand that it is all a pretty good system.  One method they use is the interbank lending rate. Banks have a reserve requirement, which is the ratio of coupons they need to have on hand as a ratio compared to the total coupons depositors lent them. This is usually around 1:10. The amount deposited that they can lend goes to business loans, school loans, mortgage loans, etc., and helps economies grow. Now when a bank on a given day falls short due to too many withdrawals, other banks (or the Fed) offers an overnight loan to meet reserve requirements, and the Fed sets the interest rate, which in turn drives other interest rates in the system.  This does not change the money supply very much.  Secondly, the Fed sets the reserve requirement, which vastly can change the amount of money available to society. But they change this rate so rarely (all the historical data is on the St. Loius Fed site, among others) that it is not usually an issue. I'll explain below how this can drastically change the money supply though the money multiplier.  Thirdly, and this is the part the poster above seems upset about, they conduct open market operations. This is the primary means by which the Fed exercises control over the number of coupons in play. The government, like businesses, like individuals, often needs to borrow money, in theory to invest in wise causes like infrastructure or perhaps money making enterprises such as technology investmeny (and I know what they often use the money for causes many to complain). The government, like companies, offers the sale of various contracts such as bonds to investors, who want a place to park some accumulated coupons for safety, and they get a return plus some interest. So the government sells bonds on the open market to investors, banks, pensions, foreign governments, basically to whomever wishes to purchase them at the market rate, and the government, like many individuals and banks, uses these loans to perform day to day functioning and possible smooth out volatility in spending needs. By law the Fed cannot purchase directly from Treasury. Now, once on the market, these bonds are traded, packaged, resold, etc., since they have inherent value, and since those owning them want to buy/sell them, perhaps before maturity date. This \"\"liquidity\"\" (ability to sell your goods) is necessary - fewer would purchase an item if they could not sell it when they desire. Thus bonds are bought, sold, and traded, and their prices fluctuate based on what the market thinks they are worth, just like any good.  Now, the Fed can buy/sell these bonds on the *open market*, like anyone else. So when the Fed wishes to increase the money supply, they can buy bonds that are not \"\"spendable\"\" money and inject money into the system. Note they now hold a bond that had at the time of transaction the same value as the money they injected. Note investors freely bought these from Treasury, meaning the market thought at the time of purchase that this was a good invesement. It is *not* the government merely wishing more money into existance. It is market forces that require more money for trades and is selling goods from the marketplace of (presumably) equal value to the Fed. This increases liquidity, but takes valuable assets from circulation. When the Fed wishes to shrink the money supply, they sell these bonds back into circulation basically by offering better terms than Treasury. In fact, you can find graphs of the Fed operations and see how every December they inject money for more Christmas shpping (need more coupons for more trade) and every January they extract some.  So open market transactions, buying and selling goods at market prices in the marketplace along with other traders, is how the Fed injects and removes money from the money supply. This is the primary mechanism that the Fed uses to control the number of coupons in the economy.  Finally, a little about reserve requirements and the money multiplier, since it affects so much of the number of coupons in play. This also I must simplify drastically. Each bank needs to hold 1/10 of all deposits in cash. The rest can be lent, which lands in another bank, which again can be lent, etc... Thus each $1 deposited can result in loans totalling 9/10 + (9/10)^2 + (9/10)^3 +... = 9 more dollars. Many people claim that banks are printing money, which is nonsense, since each also has an equal debt to pay to the person they borrowed from. When all loans are paid back there is no net money gain.  However, this allows for each $1 the Fed injects by buying bonds for there to be up to $9 in the economy, *if banks all loan to the fullest extent*. Banks tend to want to loan since loaned money makes them profit. Banks used to loan too much and runs on the banks caused significant problems, which is why laws were made to require *all* banks to have the same reserve requirement.  Now, when banks get scared and stop loaning, this 9 fold multiplier dries up, and the Fed has much less inpact on being able to target the proper number of coupons to keep the economy smooth. During the recent crash when banks stopped loaning, as each dollar was paid back on debts, there was significant shrinkage of available money for transactions, and this kills the economy. This is the \"\"liquidity crisis\"\".   Hope this helps. As I said, this is vastly simplified and I cannot go into all the reasons and historical items needed to understand it fully. It is a vastly complex (and necessarily so) and takes significant study to grasp the genius of it. It's similar to not being able to understand nuances of particle physics in one go, but as you study and work at it you see *why* things go as they do, and you learn all the failed methods (the gold standard is one example) that were thrown out for many good reasons.  Cheers.\""}
{"_id": "245365", "title": "", "text": "You are only responsible for IRS debt that you owe from returns that you have filed for yourself. The back taxes that your dependent owes are between him and the IRS."}
{"_id": "245432", "title": "", "text": "Yuan use is largely in pacific.  https://www.poundsterlinglive.com/payments/2722-yuan-overtake-pound-sterling-454354  The main reason Yuan is small, because China doesn't have large forex and capital market. (ie people can't wildly speculate and move currency)  That will come later. But right now. actual trade transactions are increasingly done in Yuan."}
{"_id": "245447", "title": "", "text": "\"For simplicity, let's start by just considering cash back. In general, cash back from credit cards for personal use is not taxable, but for business use it is taxable (sort of, I'll explain later). The reason is most personal purchases are made with after tax dollars; you typically aren't deducting the cost of what you purchased from your personal income, so if you purchase something that costs $100 and you receive $2 back from the CC company, effectively you have paid $98 for that item but that wouldn't affect your tax bill. However, since businesses typically deduct most expenses, that same $100 deduction would have only been a $98 deduction for business tax purposes, so in this case the $2 should be accounted for. Note, you should not consider that $2 as income though; that would artificially inflate your revenue. It should be treated as a negative expense, similar to how you would handle returning an item you purchased and receiving a CC refund. Now for your specific questions: Part 1: As a small business owner, I wish to attend an annual seminar to improve my business. I have enough credit card reward points to cover the airfare, hotel, and rental car. Will those expenses still be deductible at the value displayed on the receipt? Effectively no, these expenses are not deductible. If you deduct them they will be completely counter-acted by the \"\"refund\"\" you receive for the payments. Part 2: Does it matter if those points are accrued on my personal credit card, rather than a business credit card? This is where it gets hairy. Suppose your company policy is that employees make purchases with their own personal credit cards and submit receipts for reimbursement. In this case the employer can simply reimburse and would not know or care if the employee is racking up rewards/points/cashback. The trick is, as the employee, you must always purchase business related items normally so you have receipts to show, and if you receive cashback on the side there seems to be a \"\"don't ask, don't tell\"\" rule that the IRS is OK with. It works the same way with heavy business travelers and airline miles- the free vacations those users get as perks are not treated as taxable income. However, I would not go out of my way to abuse this \"\"loophole\"\". Typically, things like travel (airfare, hotel, car rental, meals) are expected. But I wouldn't go purchase 100 company laptops on your personal card and ask the company to reimburse you. The company should purchase those 100 laptops on a company card and effectively reduce the sale price by the cashback received. (Or more realistically, negotiate a better discount with your account rep and just cut them a check.) Part 3: Would there be any difference between credit card points and brand-loyalty points? If the rental car were paid for with points earned directly on the rental car company's loyalty system (not a CC), would that yield a different result? There is no difference. Perhaps the simplest way to think about this is you can only deduct an expense that you actually incur. In other words, the expense should show up on a bank or CC statement. This is why when you volunteer and work 10 hours for a charity, you can't call that a \"\"donation\"\" of any amount of money because there is no actual payment made that would show up on a bank statement. Instead you could have billed the charity for your 10 hours of work, and then turned around and donated that same amount back to them, but it ends up being a wash.\""}
{"_id": "245451", "title": "", "text": "Many countries have employers report their employees' salaries and withhold some money for income tax purposes (it's called \u201cpay as you earn\u201d, \u201cwithholding taxes\u201d or taxing \u201cat the source\u201d). Often the system is designed in such a way that most people actually pay too much and can get money back at the end of the year. In that case, the salary you receive can certainly be considered a \u201cnet salary\u201d. Depending on the tax system, individuals might need to file a separate tax returns to report any other income (investments, rents, whatever) or benefit from tax incentives but it can also be optional. If you live in such a country and your situation is simple enough that there are no applicable deductibles, you might simply choose to forgo it and let your employer take care of everything."}
{"_id": "245470", "title": "", "text": "&gt; The seven banks that founded Bankia be left out of the shareholders of the entity and the State will be made with one hundred percent of the group's parent  Are you fucking kidding me? Europe is highly socialist, and Spain is one of the most socialist of all. The **state** controls the bank now. Did you even read the fucking article?  Spew more bullshit about the evils of capitalism on an article about nationalization, you're one sharp tool in the box aren't you."}
{"_id": "245480", "title": "", "text": "I heard Jim Grant say on his podcast that it's weird how long things take these days. It feels like problems never go away, and nothing is ever fixed quickly.   It's been almost a decade since the financial crisis and things are basically unchanged."}
{"_id": "245481", "title": "", "text": "This discussion over at Google Answers suggests that the only time it matters is if your signature is challenged -- that is, someone has reason to doubt it's you authorizing your signature.  (Assuming US here.) But if you wanted to get another debit card and sign it differently, and start signing things that way from then on, you might never get challenged about it."}
{"_id": "245483", "title": "", "text": "&gt;In addition, US debt is the safest debt.  I am really sick of this argument. The U.S. is believed to be the safest debt at this point in time, but that won't necessarily always be the case. We have been taking on debt for 30 fucking years and at some point investors are going to see us as a risky investment and stop lending. At some point we are going to have abused our global reserve status to the point the world doesn't want to extend it to us anymore. How do people not get this?"}
{"_id": "245484", "title": "", "text": "I've not gotten an answer so far. Since I've started my search for a new financial planner here are the criteria I am using:"}
{"_id": "245486", "title": "", "text": "Correct, but as of right now the primary point of entry into crypto *is* fiat.  As soon as you make that exchange, any downstream transaction from your wallet can be tracked back to you if your wallet is linked to your identity.  But it does make it much more difficult once you exchange one crypto for another."}
{"_id": "245502", "title": "", "text": "I would be nice to live in a world where people voted with their wallets and held businesses managers accountable for their actions. We don't currently live in that world so as long as WF makes money and pays dividends investors are still going to buy their stock."}
{"_id": "245519", "title": "", "text": "So let me get this straight, the only solution we can come up with for a healthy farm and cheap produce is to let illegal immigrants in? That's really our best solution? That's an acceptable solution?   With that logic, why not let in even more illegals to replace all American workers in every industry so consumers have it better in terms of prices?  Give me a break."}
{"_id": "245531", "title": "", "text": "Chiming in with other answers that incriminate market segmentation attempts, I would like to offer this Seth Godin video where (among other things) he speaks about breakage, the art of making coupon redemption so difficult that most people get it wrong and do not redeem them. Oh, and when comparing/deciding which/whether to buy, I always use the up-front price. Don't want to encourage the wrong behavior."}
{"_id": "245532", "title": "", "text": "China is in the middle of a residential housing bubble, and now is probably a horrible time to invest in real estate in China.  Even if China wasn't near the peak of its bubble it would probably still be a bad idea because owning real estate in a foreign country is expensive and risky. There are real currency risks, think what would happen if the yuan declined significantly against the dollar. There is also the risk of the government seizing foreign held investments (not extremely likely but plausible). Another consideration is that it would be next to impossible for you to get a loan to purchase a property US banks wouldn't touch it with a 10 ft pole and I doubt Chinese banks would be very interested in lending to foreigners."}
{"_id": "245561", "title": "", "text": "They are cheap because they are made from cheap material.  All the homes in my addition are Ruasch Coleman and a lot of them are having issues (Oklahoma).  Several are around 5 years old and have already had to get new roofs.  On our neighborhood FB page there have been complaints with the plumbing system and flooding in yards that weren't leveled properly once the ground settled.  I know I regret my purchase.  You get what you pay for."}
{"_id": "245570", "title": "", "text": "\"I am going to guess you are not a software developer.  Microsoft's average mid-career salary is $127,000, and most of their jobs are in Seattle, where the cost of living is lower than Silicon Valley, San Francisco, and New York.    They have top flight benefits, a wonderful campus, etc.  There is a serious lack of people who can program in the right industries.  And no, \"\"creating an app\"\" isn't the same as creating enterprise grade server software.\""}
{"_id": "245581", "title": "", "text": "If you need a performance bond - Performance Guarantee, Bronze Wing Trading is the right solution for you. We offer a complete solution to your bonds requirement at reasonable cost to guarantee your counter party for your performance of Trade Deal or Project. For a free quote, follow this link."}
{"_id": "245611", "title": "", "text": "There's still a paper trail for every transaction. There's gotta be a debit and credit in there somewhere. Plus these companies are supposed to be audited by an *independent* auditor who, if they're worth their salt, should be able to track down every penny."}
{"_id": "245614", "title": "", "text": "The thing that is working to Foxconn's advantage here is that there were several states competing for this, thats exactly it. This is actually how all business works, its no surprise. States usually compete for large businesses to move their by giving tax breaks, because it benefits their people and they will eventually still collect taxes.  Now, the first part interest me, how much does the state usually spend on a project like this? I wouldnt really consider it a gamble unless you consider all investments to be gambles, but that also connotates that you think this is high risk. What makes you say that Foxconn wont live up to its promises? Wont the state just sue based on the terms of agreement?"}
{"_id": "245616", "title": "", "text": "\"First off, the answer to your question is something EVERYONE would like to know. There are fund managers at Fidelity who will a pay $100 million fee to someone who can tell them a \"\"safe\"\" way to earn interest. The first thing to decide, is do you want to save money, or invest money. If you just want to save your money, you can keep it in cash, certificates of deposit or gold. Each has its advantages and disadvantages. For example, gold tends to hold its value over time and will always have value. Even if Russia invades Switzerland and the Swiss Franc becomes worthless, your gold will still be useful and spendable. As Alan Greenspan famously wrote long ago, \"\"Gold is always accepted.\"\" If you want to invest money and make it grow, yet still have the money \"\"fluent\"\" which I assume means liquid, your main option is a major equity, since those can be readily bought and sold. I know in your question you are reluctant to put your money at the \"\"mercy\"\" of one stock, but the criteria you have listed match up with an equity investment, so if you want to meet your goals, you are going to have to come to terms with your fears and buy a stock. Find a good blue chip stock that is in an industry with positive prospects. Stay away from stuff that is sexy or hyped. Focus on just one stock--that way you can research it to death. The better you understand what you are buying, the greater the chance of success. Zurich Financial Services is a very solid company right now in a nice, boring, highly profitable business. Might fit your needs perfectly. They were founded in 1872, one of the safest equities you will find. Nestle is another option. Roche is another. If you want something a little more risky consider Georg Fischer. Anyway, what I can tell you, is that your goals match up with a blue chip equity as the logical type of investment. Note on Diversification Many financial advisors will advise you to \"\"diversify\"\", for example, by investing in many stocks instead of just one, or even by buying funds that are invested in hundreds of stocks, or indexes that are invested in the whole market. I disagree with this philosophy. Would you go into a casino and divide your money, putting a small portion on each game? No, it is a bad idea because most of the games have poor returns. Yet, that is exactly what you do when you diversify. It is a false sense of safety. The proper thing to do is exactly what you would do if forced to bet in casino: find the game with the best return, get as good as you can at that game, and play just that one game. That is the proper and smart thing to do.\""}
{"_id": "245617", "title": "", "text": "As an easy way to answer... look at an index, let's say the S&P 500.  Look at the price this last October, and predict where it will move in November... easy right?  It already happened, and you have the benefit of hindsight.  The move looks like such a consistent, obvious continuation of the previous up and down pattern.  It looks predictable, like you could have guessed that.  Now, look at today's price, and predict where it will go next month.  Not so easy now?  The problem is, every point you're at, all the time, looks like a possible inflection point or turning point.  If you're following an uptrend, you may think it'll continue, but you may also think that it zigged so far up already, that now it's ready for a zag down where you'll buy.  So you wait... and it keeps rising, and you kick yourself for missing out.  Next time, you see another uptrend and resolve to buy it regardless, thinking now it'll keep going, but it turns down the second you buy it, and keeps dropping.  You kick yourself again.  The market is amazing at doing this to you every time.  In real time, every wiggle in the price looks simultaneously like a trend that could continue, and like a trend that has moved far enough and is ready to reverse.  And more likely you'll guess the wrong one.   The ONLY way with some little hope of succeeding is to study study study, and find and learn trading rules with just over 50/50 chances (like buying when a moving average is touched within an uptrend as an example, and setting a stop loss at -1%, and a sell limit at +2% or something), and then never ever deviate from that strategy, because your only hope is in the consistency of statistics and odds over time.  You'll get many -1% losses, and hopefully enough 2% gains to compensate the losses, plus some profit.   OR, to make it easier, just buy in on a dip, and hold and hold and collect dividends, and be content to match the market without effort."}
{"_id": "245628", "title": "", "text": "If you own the stock today, it doesn't matter what it traded for yesterday.  If XYZ is trading for $40 and you own it, ask yourself if it's worth buying today for $40.  If it isn't, you may want to consider selling it and buying something that is worth $40."}
{"_id": "245640", "title": "", "text": "Sydney Document Shredding Service is a proud Australian owned and operated shredding company providing secure document destruction services, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document shredding services."}
{"_id": "245646", "title": "", "text": "Ok so Steve is dead and the iPhone x isn\u2019t rolling out as it needs the 8 to keep momentum running forward. Business is business and people who are not in it are just critics who have yet to be seen as right or wrong with no consequences."}
{"_id": "245648", "title": "", "text": "It's not compound interest. It is internal rate of return.  If you have access to Excel look up the XIRR built-in function."}
{"_id": "245650", "title": "", "text": "Economic efficiency is overrated. I would rather give money to a charity that spent 15% on human resources and 10% on marketing to get $10 million in incoming donations than to a charity with an 8% expense rate that receives $1 million in incoming donations."}
{"_id": "245654", "title": "", "text": "Yes, it does matter. You are right that lower demand for a stock will drive its price down. Lower stock prices can hurt the company. Take a look at Fixee's answer to this question: a declining share price will make it hard to secure credit, attract further investors, build partnerships, etc. Also, employees are often holding options or in a stock purchase plan, so a declining share price can severely dampen morale. In an extreme case, if share prices plummet too far, the company can be pressured to reverse-split the shares, and (eventually) take the company private. This recently happened to Playboy. If you do not want to support a company, for whatever reason, then it is wise to avoid their stock."}
{"_id": "245665", "title": "", "text": "&gt;But NO there is nothing wrong with someone doing all they can to maximize their income under the rules given to them.  I agree, but this isn't what I'm talking about.  I am not blaming the cops themselves for attempting to work overtime."}
{"_id": "245670", "title": "", "text": "Overcontributions made after the calendar year are not usually a problem. This is because while contributions made in Jan and Feb can be counted towards the previous year, they do not have to be. This appears to be what has happened in your case. If you had an RRSP limit of $18,000 for 2015, and in Jan 2016 you contributed $22,000 to your RRSP, then it is perfectly legal to claim $18,000 of that in 2015 and $4000 in 2016. The extra $4000 is never counted against your 2015 limit and so is not an overcontribution. If your 2016 limit is going to be less than $4000 then you will eventually have an overcontribution problem in 2016, and if you think that's likely you should sort this out now. But for most people that's pretty unlikely."}
{"_id": "245690", "title": "", "text": "The vast majority of founders also work long hard hours and end up with nothing -- little or no money, no security, no assets, etc. Maybe they feel good about it, but there's no reason they couldn't work on something that was more likely and get that money and that security and still feel good about that."}
{"_id": "245692", "title": "", "text": "Just echoing the other answers here. You're not ready yet. 3% down, or no money down loans are what got so many of us into trouble these last few years. It sounds like you make a pretty good living and are able to squirrel away money despite paying rent. Let me suggest something that I haven't seen here yet. Save  up for a 20% down payment. You will get better rates, won't have to buy mortgage insurance and it will give you enough of a cushion on your payment that you could better weather a job loss or other loss of income. Your priority for saving are, in order: Home prices aren't going up any time soon, so you're not going to miss out on a great deal. Keep your expenses low, treat yourself and your kids once in a while and keep saving."}
{"_id": "245702", "title": "", "text": "\"It appears that there's a confusion between the different types of average. Saying \"\"the average investor\"\" generally means the most common type of small-scale unsophisticated investor - the mode (or possibly median) investor. However, while this class of investors is numerous, each of them has assets that are quite small compared to some other types of investors; and the market average performance is determined proportionally to the amount of assets held, not to the number of holders; so the performance of large investors \"\"counts\"\" that much more. For any measure, the mode of performance can be (and often is) different from the mean performance - in this case, Dalbar is saying that the most common results are lower than the (weighed) average results.\""}
{"_id": "245705", "title": "", "text": "Basically speaking, Japanese bank accounts are identified by three numbers: The four digit Bank number.  For example 0005 is Mitsubishi Tokyo UFJ Bank The three digit Branch number. For example 001 = Main branch for Mitsubishi. The account number.  This is your account number. Your ATM Cash Card and passbook will have these numbers on it in the format XXXX-YYYY-ZZZZZZZZ.   When you use an ATM to send money to someone else (like your landlord) you but in these three numbers or use the search feature instead for the first two.  This works the same whether you are talking about Mitsubishi, Mizuho, etc.  The only thing to note is that while real banks use locations for the branch number (i.e. Ueno branch, Marunouchi branch, etc.), online only banks like Sony Bank (MoneyKit), Rakuten Bank, SBi, etc. use fake locations like colors, etc.  This doesn't matter much though. Japan Post bank is technically not a bank and uses a totally different numbering system, though recently they have come up with a strange formula to convert your JP Bank account number into a normal bank account number so you can send payments to it as shown above). All of this is basically for domestic transfers only, though.  If you want to transfer money internationally, there are two basic ways: The official way.  Go to your bank overseas, and give them the SWIFT code and account code for your bank (likely the branch code will be necessary as well).  The problem here is that they will likely charge a high fee for sending the money, and your bank in Japan may also charge a high fee for receiving it!  (In addition to any currency conversion fees).  A second problem is that only the very major banks even have SWIFT codes. Use a money transfer service that can handle both Japan and your other country.  For example, you can use 2 Paypal accounts (Only in the direction of From Japan To overseas, though!), or you can use something like MoneyBookers Either way IBAN is a European standard and isn't used in Japan. If you just want to spend some money in Japan, the most convenient way is probably a foreign visa debit card.  Or, you can use a foreign ATM card in Japan to withdraw cash and then deposit it into your Japanese account."}
{"_id": "245716", "title": "", "text": "Depression really does steal your future, stole a little bit of mine. I had all the resources available to me to get ahead but due to a conglomeration of events I fell into a downward spiral. Im further out now than I've ever been from that hole but now im 27 and trying to finish school when many people I know finished 6 years ago. I know it could be much worse but like you said, depression steals away your future if you let it."}
{"_id": "245727", "title": "", "text": "Calculate the theoretical forward price using covered interest parity, then compare it to the actual forward price of $1.04/euro. Buy the cheap one and sell the expensive one (this will involve borrowing dollars or euros at the US or Euro interest rate to buy the other currency and longing or shorting the 6-month forward to perfectly hedge your currency exposure)."}
{"_id": "245728", "title": "", "text": "I would encourage you to read The Warren Buffett Way.  Its a short read and available from most libraries as an audio book.  It should address most of the ignorance that your post displays.   Short term prices, offered in the market, do not necessarily reflect the future value of a company.  In the short term the market is a popularity contest, in the long run prices increases based on the performance of the company.  How much free cash flow (and related metrics) does the company generate.  You seem way overly concerned with short term price fluctuations and as such you are more speculating. Expecting a 10 bagger in 2-3 years is unrealistic.  Has it happened, sure, but it is a rare thing.  Most would be happy to have a 2 bagger in that time frame. If I was in your shoes I'd buy the stock, and watch it.  Provided management meet my expectations and made good business decisions I would hold it and add to my position as I was able and the market was willing to sell me the company at a good price.   It is good to look at index funds as a diversification.   Assuming everything goes perfectly, in 2-3 years, you would have an extra 1K dollars.  Big deal.  How much money could you earn during that time period?  Simply by working at a fairly humble job you should be able to earn between 60K and 90K during that time.  If you stuck 10% of that income into a savings account you would be far better off (6K to 9K) then if this stock actually does double.  Hopefully that gets you thinking. Staring out is about earning and saving/investing.  Start building funds that can compound.  Very early on, the rate of return (provided it is not negative) is very unimportant.  The key is to get money to compound!"}
{"_id": "245729", "title": "", "text": "Credit scores in the U.S. are entirely based on information contained in your credit report.  The details of your credit card transactions, such as where your individual purchases are from, the amount of individual purchases, refunds, chargebacks (successful or failed), etc. do not appear on your credit report.  Therefore, they can have no impact on your credit score. According to creditsavvy.com.au, credit scores in Australia are based on similar information: the information in your credit history, credit profile, and credit applications.  I don't see anything that would suggest that the details of your transactions would affect your credit score."}
{"_id": "245746", "title": "", "text": "Read the terms and conditions very carefully. Many zero percent deals have a requirement that you pay back at a certain date, and if you don't, you'll have to pay some enormous percentage. Nobody will remind you of the date, because the lender has the secret hope that you will forget."}
{"_id": "245752", "title": "", "text": "A book on the power of persuasion. The people will need you to lead them to the glory land like the Deacon* from Waterworld *Dennis Hopper.  Study up."}
{"_id": "245753", "title": "", "text": "Yes, You will have to pay the taxes at least initially but you'll most probably get a refund when you will file returns depending upon the amount and tax brackets in the UK."}
{"_id": "245759", "title": "", "text": "&gt;  Did you tell your wireless router to stay only on channel 11 or did Apple finally fix that?  Had to tie down the router to channel 11.  My only hesitation is that I'll miss the Del key, and I'm scared about all the emacs shortcuts, but others have done it, so I'll live."}
{"_id": "245762", "title": "", "text": "Google loses money on each sale of a Nexus. Apple doesn't lose money on hardware. That is the one thing Apple is not inferior, and to analysts, the one thing that matters (profitability).   I am thinking about purchasing a Nexus, but you make a large assumption in that statement. From my brief play time (planning to do more before making a purchase), Android seems to have a steeper learning curve than iOS. This goes a long way toward attracting a large market."}
{"_id": "245765", "title": "", "text": "2 SaaSes: http://letsfreckle.com and http://charmhq.com   2 training courses for js, one live, one recorded workshop: http://jsmasterclass.com http://html5mobilepro.com  1 ebook/software package for JavaScript performance: http://jsrocks.com  And, lastly, I do a training course twice a year to show other designers, developers &amp; trainer types how to make &amp; sell their own products like mine: http://unicornfree.com/30x500  This is all on my about page, btw, except for the new Charm app because we haven't opened the doors to the public yet. We are slowly inviting the 3000 people on the waiting list because we want to ensure our architecture scales.   The fun thing is that our first products helped us fund the development of our later products. We owe nothing to nobody, and own 100% of everything we do."}
{"_id": "245766", "title": "", "text": "The best way is to approach your bank and fill out a transfer form to send USD to your US account (if you are visiting India). They will require quite a number of proof (AADHAR, PAN, Passport) copies.  Otherwise speak to your bank about how to do a wire transfer from your India A/C to US; after de-moitization regulations have tightened, the best course of action would be to speak to your bank directly."}
{"_id": "245771", "title": "", "text": "Honestly, I think you are falling for a myth. Family business can also decide to go for short term maximum profit at the expense of long term. And shareholders can decide to look long term, just go to shareholder meetings and you will see everything. Its not so black and white.  For the rest I agree, except for anti-monopolly laws. In general, anti-monopolly laws only help create olligopollies/monopollies not removing them."}
{"_id": "245779", "title": "", "text": "You are planning on signing a contract for, likely, hundreds of thousands of dollars, and plan on paying, likely, tens of thousands of dollars in a deposit. For a house that is not built yet. This isn't particularly unusual, lots of people do this. But, you need a lawyer. Now, before you sign anything. Your agent may be able to recommend a lawyer, but beware; your agent may have a conflict of interest here."}
{"_id": "245784", "title": "", "text": "Agreed. Another benefit to cold calling is that it drastically increases your ability to make prank phone calls. I do this every now and then whenever I get bored at the office and decide to mess with my friends. It's mildly entertaining."}
{"_id": "245786", "title": "", "text": "Don't frett to much about your retirement savings just put something towards it each year. You could be dead in ten years. You should always try to clear out debt when you can. But don't wipe yourself out! Expedite the repayment process."}
{"_id": "245804", "title": "", "text": "In the case of WhatsApp they probably use revenue from the apple affiliate program, this is how it works: After you sign up and are accepted you can generate links. When someone clicks on the link a cookie is installed on their iDevice, this cookie attributes all purchaces generated to the owner of the affiliate link for the life of the cookie (24 hours). The owner will then recive a 7% commission on those purchaces."}
{"_id": "245810", "title": "", "text": "Because it appears you have in the neighborhood of 30 years remianing on your mortgage for the first house, If you can sell it you will likely be better off in the end.  While renting has the potential for greater income it is a business.  And like any business there are risks, expenses, and work required to make it successful.  There will be times where you can not find a renter immediately and will be responsible for making both payments, maintaining both houses, the insurance(which for an owner is higher for a rental property than a domicile), and paying the applicable taxes.   You need to look at your best and worst case numbers.  If your best case numbers leave you in the hole 300/month then that is not the sort of business you want to run.  Your investment should build your savings and retirement funds not deplete them.  Further you are more likely to fall between your best and worst case scenerios.  So you need to be able to thrive at that level.  If something in the middle is going to take you into bankruptcy then sell the property.  If you are not willing to put the time into your business that it will need (My rental home took about 10-30 hours a month despite renters being responsible for basic upkeep and maintenance.   Finally your plan B:  A home with 800k value will have higher costs and higer expenses and maintenance.  If the 800k home is the home you and your family needs then by all means go for it.  But if it can do just as well in the 450k Home then go there.  Pay the home off early by making the payments you would be making for the 800k home.  In this way you pay less in total cost of the home and set your self up for the greatest chance of success.  Once that home is paid off the break even point for renting goes way down as well.  So the rental option could be in the future.  I would just aviod it now if possible."}
{"_id": "245813", "title": "", "text": "Note: This is what one of the people responsible for this process told me quite a few years ago, it might be different today. I work in insurance, but I don't follow this particular process too closely.   New cars necessitate a judgment call, which usually involves a look at claims rates for similar (existing) cars, manufacturer-specific labour and parts costs, expected regional distribution (for example, a new BMW will probably sell better in Bavaria than in other areas, which has higher labour rates than most of the rest of the country, and will be categorised accordingly), and other factors, depending on the situation.   These preliminary judgments are largely discarded when the new statistics are compiled, though, which is once a year. New insurance groups are published in early September and usually applied to insurance contracts on January 1st."}
{"_id": "245821", "title": "", "text": "Well, you're obviously wrong.  Anyone can start a hedge fund if they go through the proper ropes and get certified.  I had my paperwork done through a company called Hedge Fund Dynamics, which I would never, ever recommend because they didn't deliver anything on time and I ended up starting at about the worst possible time.  Other than that, all you need is a prime broker, and an outside accountant to do your taxes and reporting."}
{"_id": "245827", "title": "", "text": "These two categories ensure you will carry the card in your wallet (since they only work for physical locations), but don't tend to have excessive spending (most people maxing out at $200 or so per month, so $2 for the bonus).  You then use the same card for other purchases, because you have it on you, where you only get the 1%. It worked for me, I started carrying the Amazon card when I found out it had a higher percentage for gas purchases.  I only use it for gas though."}
{"_id": "245834", "title": "", "text": "In short, thanks to the answers and comments posted so far.  No actual money is magically disappeared when the stock price goes down but the value is lost. The value changes of a stock is similar to the value changes of a house. The following is the long answer I came up with based on the previous answers and comments alone with my own understandings. Any experts who find any of the following is 200% out of place and wrong, feel free to edit it or make comments. Everything below only applies if the following are true: The stock price is only decreasing since the IPO because the company has been spending the money but not making profits after the IPO. The devaluation of the stock is not the result of any bad news related to the company but a direct translation of the money the company has lost by spending on whatever the company is doing. The actual money don\u2019t just disappear into the thin air when the stock price goes down. All the money involved in trading this stock has already distributed to the sellers of this stock before the price went down.  There is no actual money that is literally disappeared, it was shifted from one hand to another, but again this already happened before the price went down.   For example, I bought some stocks for $100, then the price went down to $80. The $100 has already shifted from my hand to the seller before the price went down. I got the stock with less value, but the actual money $100 did not just go down to $80, it\u2019s in the hand of the seller who sold the stock to me.  Now if I sell the stock to the same seller who sold the stock to me, then I lost $20, where did the $20 go? it went to the seller who sold the stock to me and then bought it back at a lower price. The seller ended up with the same amount of the stocks and the $20 from me. Did the seller made $20? Yes, but did the seller\u2019s total assets increased? No, it\u2019s still $100, $80 from the stocks, and $20 in cash. Did anyone made an extra $20? No. Although I did lost $20, but the total cash involved is still there, I have the $80 , the seller who sold the stock to me and then bought it back has the $20. The total cash value is still $100. Directly, I did lost $20 to the guy who sold me the stock when the stock has higher value and then bought it back at a lower price. But that guy did not increased his total assets by $20. The value of the stock is decreased, the total money $100 did not disappear, it ended up from one person holding it to 2 people holding it. I lost $20 and nobody gained $20, how is that possible? Assume the company of the stock never made any profit since it\u2019s IPO, the company just keeps spending the money, to really track down where the $20 I lost is going, it is the company has indirectly spent that money. So who got that $20 I lost? It could be the company spent $20 for a birthday cake, the $20 went to the cake maker. The company never did anything to make that $20 back, so that $20 is lost. Again, assume the stock price only goes down after  its IPO, then buying this stock is similar to the buying a sport car example from JoeTaxpayer (in one of the answers), and buying an apple example from BrenBarn(in one of the comments from JoeTaxpayer\u2019s answer).  Go back to the question, does the money disappears into the thin air when the value of the stock goes down? No, the money did not disappear, it switched hands. It went from the buyer of the stock to the company, and the company has spent that money. Then what happens when the stock price goes down because bad news about the company? I believe the actual money still did not just disappear. If the bad news turn out to be true that the company had indeed lost this much money, the money did not disappear, it\u2019s been spent/lost by the company. If the bad news turn out to be false, the stock price will eventually go up again, the money is still in the hand of the company. As a summary, the money itself did not disappear no matter what happens, it just went from one wallet to another wallet in many different ways through the things people created that has a value."}
{"_id": "245867", "title": "", "text": "I strongly suggest you go to www.investor.gov as it has excellent information regarding these types of questions. A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds. Each share represents an investor\u2019s part ownership in the fund and the income it generates. When you buy shares of a mutual fund you're buying it at NAV, or net asset value.  The NAV is the value of the fund\u2019s assets minus its liabilities. SEC rules require funds to calculate the NAV at least once daily. Different funds may own thousands of different stocks.  In order to calculate the NAV, the fund company must value every security it owns.  Since each security's valuation is changing throughout the day it's difficult to determine the valuation of the mutual fund except for when the market is closed.  Once the market has closed (4pm eastern) and securities are no longer trading, the company must get accurate valuations for every security and perform the valuation calculations and distribute the results to the pricing vendors.  This has to be done by 6pm eastern.  This is a difficult and, more importantly, a time consuming process to get it done right once per day.  Having worked for several fund companies I can tell you there are many days where companies are getting this done at the very last minute. When you place a buy or sell order for a mutual fund it doesn't matter what time you placed it as long as you entered it before 4pm ET.  Cutoff times may be earlier depending on who you're placing the order with.  If companies had to price their funds more frequently, they would undoubtedly raise their fees."}
{"_id": "245884", "title": "", "text": "It will have some positives, and some negatives. The hardest hit will be the insurance agencies, as well as banks. Manufacturing will also take a short term hit. When insurance payments come out, then there will be a boom in construction, consumer goods, industrial goods, etc. Companies will upgrade their equipment whereas before they might have let it run for another 10-20 years or longer. After all, if you are going to buy something, you aren't going to get it used, you'll get something more modern. Of course, Japan already was one of the most modern countries in the world, so they likely won't see as many gains as other countries, but this would hold more true in a less technologically advanced society. Long term, 10-20 years down the line, when everything is rebuilt, it might have a slight positive increase in productivity, but this will be somewhat offset because Japan already is such a technological powerhouse, and on the cutting edge in many technologies. But I agree, it's quite foolish to say that it'll improve the economy of Japan, some clarification should be done to clear that one up..."}
{"_id": "245897", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://mobile.nytimes.com/2017/08/03/style/what-is-cryptocurrency.html?referer=) reduced by 95%. (I'm a bot) ***** &gt; Most readers have probably heard of Bitcoin, the digital coin that dominates the cryptocurrency market.  &gt; As traditional paths to upper-middle-class stability are being blocked by debt, exorbitant housing costs and a shaky job market, these investors view cryptocurrency not only as a hedge against another Dow Jones crash, but also as the most rational - and even utopian - means of investing their money.  &gt; Assuming one&amp;#039;s money is protected, there are, of course, the standard risks of investing, amplified by the volatility of cryptocurrency.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6sdv1b/ethereum_in_nytimes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~186120 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **cryptocurrency**^#1 **market**^#2 **money**^#3 **coin**^#4 **invest**^#5\""}
{"_id": "245901", "title": "", "text": "There's an easy fix for this. As a customer, just book multiple companies and show up to the rental counters in the order that you prefer and if you have a problem, just walk to the next one. Unlike flights, there's no penalty for a no-show car reservation."}
{"_id": "245903", "title": "", "text": "Both of you sit down with a lawyer who practices in real estate and foreclosures, and hash out every single possibility of what could conceivably go wrong, with nothing out of bounds.  Come up with a reasonable and fair plan for resolving each situation, that you are willing to commit to, life and breath, for real, no exit.  Put all of it into a legal commitment between you two.  However this is a fearless, searching and even ruthless contemplation, requiring a level of intimacy and personal responsibility you may not be comfortable with. and there's absolutely no room for dancing around unspoken questions.  So in essence, it puts the hardest stuff up-front.  If you put that much thought and honesty into it, you'll probably be OK. But you probably won't want to be that honest, or won't want to do the deal after you do."}
{"_id": "245917", "title": "", "text": "&gt;wasn't told he still needed to pay back the difference in the loan once he did   Ouch. Even though sometimes you dont have to pay the difference if the collateral wasnt sold in a commercially reasonable manner. Its been a while since ive read title 9, but there are a lot if rules about selling collateral after repossession. It sounds like the collection company really screwed him over by selling way under market."}
{"_id": "245918", "title": "", "text": "\"In the US, the government effectively sets a price floor for rents with a concept called \"\"prevailing rent\"\" for government subsidy. Even the crappiest, minimally compliant hovel is ultimately worth whatever the government will issue housing vouchers for. Rent can and does fluctuate for the higher end of the market. Basically in most places the available, cheap credit has a negative impact on rent prices, and tighter, costlier credit increases demand and rents. Local economic events have an impact too. If the company closes in a company town, people leave.\""}
{"_id": "245926", "title": "", "text": "Well, premium is the least of my worries. I would rather worry about that than have to worry about a margin call. I hate debt, and so this is the draw for me. I will check on that. I have a few books on options and derivatives, and I find it quite fascinating! I would really like a specific book on future options, but I will take a look through the books I have. Thanks!"}
{"_id": "245931", "title": "", "text": "Foreign Exchange (Forex) trading is extremely difficult to do profitably over time \u2013 for retail investors and institutional investors alike. Many Forex traders enter the markets with hope of a profitable trading adventure, only to find themselves overwhelmed by the complexity of the markets. Binary options trading enables traders who have experienced difficulty in the Forex market to trade options."}
{"_id": "245961", "title": "", "text": "&gt;actual overall change in value  What is \u2018actual\u2019 value? The value of a thing in economics is what someone will pay for it. If \u2018actual\u2019 value didn\u2019t change for months, why are people willing to buy and sell at different prices?  &gt;the only possible returns come from \u201ctaking\u201d someone else\u2019s value  Can you explain in clear economic terms what you mean by this? Who is taking what value and how?  &gt;there\u2019s no net benefits to society  You say you\u2019re not making a value judgment, but I see no other way to interpret this statement."}
{"_id": "245967", "title": "", "text": "I see that at work too. People too ignorant to use Excel to store financial information so they hand you a sheet of paper with 20 ticker tape receipts from a ticker tape calculator showing how they added up numbers as support for a transaction...really? How much money is this costing the company on an annual basis?! Ticker tape fades, our soft documents are backed up off site nightly...  EDIT: There are a lot of jobs (private and public sector) that are simply obsolete but people cling to them anyway because of politics and general organizational-disorganization."}
{"_id": "245972", "title": "", "text": "I lucked out and bought a beat little 640 sq. ft. bungalow in S.E. Mass for short money in 2008 hoping that I'd be able to build up some equity and upsell into a nicer house (i.e. one with more than three rooms and a roof that doesn't leak).   The good news (I guess) is that I'll be paid off in just a few years, but the bad news is that this little bungalow will have to do for a long time. House prices in the places that I'd like to live are through the roof, and if you're not a cash buyer you're pretty well fucked. I can't afford to sell without the hope that I'd be able to actually buy another house."}
{"_id": "245974", "title": "", "text": "Two points You don't really get the full 10,000 annual interest as tax free income.  Well you do, but you would have gotten a substantial amount of that anyway as the standard deduction. ...From the IRS.... Standard deduction The standard deduction for married couples filing a joint return is at $11,900 for 2012. The standard deduction for single individuals and married couples filing separate returns is $5,950 for 2012. The standard deduction for heads of household increases by $50 to $8,700 for 2012. so If you were married it wouldn't even make sense to claim the 10,000 mortgage interest deduction as the standard one is larger. It can make sense to do what you are talking about, but ultimately you have to decide what the effective interest rate on your mortgage is and if you can afford it. For instance.  I might have a 5% mortgage.  If I am in a 20% tax bracket it effectively is a 4% mortgage to me.  Even though I am saving tax money I am still paying effectively 4%.  Ultimately the variables are too complex to generalize any hard and fast rules, but it often times does make sense. (You should also be aware that there has been some talk of eliminating or phasing out the mortgage interest deduction as a way to close the deficit and reduce the debt.)"}
{"_id": "245975", "title": "", "text": "What is the interest rate on the balance you'll be carrying? Even at a modest interest rate of only 10% (many cards can be double that) means you'll pay $500 in interest if you carry the $5000 balance for a year.  At 20% you'll pay $500 interest in just six months. You also mentioned this would be $5000 MORE than you usually spend in this time, so I imagine your balance could be higher."}
{"_id": "246005", "title": "", "text": "So far I am doing mint.com for a few minutes a couple of times a week, despite my security concerns, and that's working fairly well as practice until my job starts.  I'm hoping to get my bank to allow up to date transaction download, and then I'm considering using YNAB once I start my job.  I will update this as I go along."}
{"_id": "246022", "title": "", "text": "They're not. Literally by definition and existence. Cow milk is designed by nature to grow a baby calf to a four-legged, 800+ lb beast of a creature. A human baby has its own, natural, species-correct source of this kind of sustinence. As an adult human (or any human for that matter) there is no reason to consume what is effectively mass growth hormones and steroids from a species that is not yours.   Would you breast feed off of a cow? Would you let your child? Why not?"}
{"_id": "246029", "title": "", "text": "The problem with Atlantic City is that it's a shit hole.  You take on step in the wrong direction and you're in the slums.   They no longer have a monopoly on gambling and there are countless other destinations that are easier to get to and offer a better vacation.   It's destined to rot."}
{"_id": "246049", "title": "", "text": "The simplest method is just to write a check from one account and deposit it in the other.  If you are the owner of both accounts, you should be able to electronically deposit the check using their phone apps.  Depending on the amount you are transfering, it may take a few days for the check to clear."}
{"_id": "246058", "title": "", "text": "Hey, no worries at all. Like any business practice there are proper uses and abuses. First and foremost, companies should engage in allocation of capital that best serves their uses given prospects of 'returns' in a broad sense (this could very well include employee remuneration). After that, all excess funds should be distributed (through buybacks or dividends).   There is without a doubt overincentivizing going on (i.e. buybacks preceding prudent capex or other investments) to boost C-suite pay. In other cases it is actually used to hide declining performance altogether (declining earnings compensated by decreasing outstanding shares). This is simply poor management using these tools. They would have most likely used others were these not made available to them (e.g underpaying/understaffing).   It's an investors job to allocate capital that rewards good management practice. The problem is that this is an ideal made harder by obfuscation on the part of management, lack of governance and even the rise of passive management among others.   I'm in private equity myself (with a strong focus on prudence and longevity of companies), so these are considerations that go without saying. I'm sometimes quite astonished what public companies get away with, but you can't blame tools for being used poorly or being available."}
{"_id": "246062", "title": "", "text": "The suffix represents the stock exchange the stock is traded on. N represents the New York Stock Exchange and O represents the Nasdaq. Sometimes a stock can be listed on more than one exchange so the suffix will give you an indication of which exchange the stock is on. For example the Australian company BHP Billiton Ltd is listed on multiple exchanges so is given a different suffix for the different exchanges (especially when the code is the same for each exchange). Below are a few examples of BHP:"}
{"_id": "246082", "title": "", "text": "\"It seems like you don't understand much about what you have a strong opinion about.  Most public employees who fly do fly coach. Senior leadership and executive class employees - the kind responsible for tens of thousands of employees and/or manage federal budgets worth hundreds of millions or more - you put them in business class so they can be productive. It's not about comfort; it's about productivity.  Secondly, neither you (as an owner) nor the public pay the costs for union reps. So no one needs to or should care what uninformed opinion you have. That would be like me disctating how you or some other business owner should be able to spend their operating budget.  It's statements from ignorance like this that really undermine the argument that \"\"business owners\"\" are the backbone of the economy or that they would have any advantage managing public affairs.\""}
{"_id": "246086", "title": "", "text": "I find that hard to believe because when compared to the other engineering professions, software is already extremely highly paid. The problem is that the tech industry has continued to grow massively since 2001, and yet the number of computer science enrolments has dropped precipitously since that time. According to the [computing research association](http://cra.org/uploads/documents/resources/taulbee/CRA_Taulbee_2011-2012_Results.pdf), the number of CS graduates fell by more than half between 2001 and 2009.  Furthermore, the [jobless rate](http://www.bizjournals.com/seattle/blog/techflash/2012/01/software-developers-44-percent-jobless.html) for software developers is at 4.4%, 3.6% for web developers, and 3.6% for computer programmers. These are well below the national averages.  So when companies like Microsoft complain that they're finding a shortage of engineers, I'm inclined to believe them - the statistics seem to back it up. So for the past decade software engineers have experienced high demand, low supply, and consistently high pay. This leads me to believe that further increasing pay isn't going to help the situation. What we need is more investment in STEM education, which is precisely what this $10k per visa fee is supposed to go towards. It seems like a pretty good idea to me."}
{"_id": "246095", "title": "", "text": "Open an account for yourself at this credit union: https://www.alliantcreditunion.org/ Very easy to qualify and they have free service to send money directly to your dad's bank account overnight."}
{"_id": "246106", "title": "", "text": "I'm more getting at what are the biggest losers but I get that it depends on too many things to say before something actually happens.  Ex. Construction &amp; development companies won't have much work during a recession because..."}
{"_id": "246109", "title": "", "text": "\"You will hear a lot about diversifying your portfolio, which typically means having a good mix of investment types, areas of investments, etc. I'd like to suggest that you should also diversify your sources.  Sad to say but the defined benefit pension is not a rock solid, sure fire source of security in your retirement planning. Companies go bankrupt, government agencies are reorganized, and those hitherto-untouchable assets are destroyed overnight. So, treat your new investment strategy as if you were starting over, and invest accordingly, for example, aggressively for a few years, then progressively safer as you get older. There are other strategies too, depending on factors like your taste for risk: you might prefer to be conservative until you reach some safety threshold to reach \"\"certain safety\"\" and then start making riskier investments. You may also consider different investment vehicles and techniques such as index funds, dollar cost averaging, and so on.\""}
{"_id": "246114", "title": "", "text": "Before anything else, pay down any debt at higher interest rates. Best guaranteed return on investment you can get. What do you plan to use the money for, when, with how much advance planning? How risk-tolerant are you, and how patient are you ? Would you see a dip in an asset's value as lost money or a buying opportunity? A good financial advisor -- and I mean one who is ONLY an advisor and not trying to sell you anything but their services -- can take answers of that sort and recommend a mix of investment types that will suit your needs. Knowing that balance, you can the pick specific investments to suit. (I remain a fan of low-fee index funds as a painless way to get good diversification, with some small percentage for more active trading if you really want to invest the effort and are convinced you can beat the odds.) Other answers here on the personal finance discussion go into this in detail, so I don't think it's worth repeating here unless there's something really unusual about your situation."}
{"_id": "246128", "title": "", "text": "In San Francisco you're not likely to find a studio condo for less than $600k anywhere, except maybe areas like Hunter's Point that are on the outskirts of the city and are considered fairly dangerous areas to live.   So yeah. Depends where you are."}
{"_id": "246131", "title": "", "text": "Geloman's Indian Spares is the leading supplier and distributor of Indian motocycle spare parts. We provide the largest variety of motocycle spare parts at the comfortable price. If you want to Motocycle spares parts online, then you can visit our company website and book your order which you want. Our motocycle workshop has exactly what you need, to remain well spare parts with your machine running as smoothly as possible for many years to come."}
{"_id": "246137", "title": "", "text": "It's all relative I think. There may be some brands that are actually good contenders in their markets but don't offer adequate enough return for some reason or another, so they may shift their focus elsewhere. Either way, this may open up a whole lot of shelf space,  which, to me, is the more interesting angle of this story."}
{"_id": "246141", "title": "", "text": "Being in the zone sounds like fun, but educators talk about how finding it is key to deeper learning and mastery of skills. Later in life, skilled professionals describe this feeling of flow, whether they are scientists, composers or professional ball players."}
{"_id": "246150", "title": "", "text": "If the bank will escrow your property tax they may want as much as a full quarter's worth in advance. Closing costs can range from zero to 2% or so of the mortgage.  On the $100k house, I'd have $8-10k in a maintenance/repair fund. Much of this will depend on how old the house is and the condition of the systems. Everything powered will fail eventually, the heating/cooling systems, water heater, dishwasher, oven/microwave, fridge, pump if there's well water. All these listed items each have a range of cost depending on size, style, power, etc."}
{"_id": "246157", "title": "", "text": "\"&gt; A) The base value from infrastructure is derived on a per-capita basis. It is a \"\"fixed cost\"\" as opposed to a variable one. In other words, roads are just as useful to me as they are to you regardless of my net worth. A tank, a missile, a police officer protects me the same as it does anyone else.  A trucking company making millions of dollars a year on US highways derives more value from the roads than I do.   Honestly anyone who says that they don't need to pay for roads because of their level of benefit from them is limited and I will call you a liar. Unless you are living in a box in the woods 100s of miles away from civilization you absolutely rely on the road system even if you never set foot on it.   Though at the same time a national highway system was something no business would ever make as it derives too little value for an individual business for the scale required to reach enough of the market. This is a perfect example of a project that is good for society but won't see the tab picked up by business voluntarily.   &gt; B) As a percentage of income, infrastructure is far more valuable to low-income individuals than high-income individuals. A simple example: if I have $5M in net worth, I can invest it in the stock market and stay home. If you don't have that option, you need to go to work and that will likely require roads. I won't be taking unemployment benefits, but you are far more likely to. And so on.  It is foolish to assume your market value increases do not rely on infrastructure to happen. As much as paper-trading inflates value, for the most part, it is still tied to some kind of real work (or rather the expectation of) being done somewhere. That assumption of ability for a corporation to serve it's shareholders is based on the fact that companies have infrastructure needs handled and that expanding delivery to three new markets won't be hampered because the company must first complete the highway to serve these markets.  The existence of infrastructure not only supports the market but allows you to exploit it. The internet here makes a great example. Prior to funding and a push by the government to standardize military and academic networks and technology as well as make microprocessors more powerful in order to stay ahead in tech race we had a mish mash of proprietary networks with very poor abilities to use them. Today we have the internet. A largely private system today however it would not exist without the involvement and funding from the government for the multiple programs that led to it's existence.  &gt; C) The activities of business owners generate massive tax revenues. These far outweigh their personal utility from infrastructure.  If the taxes really outweighed utility businesses would not operate in the area at all. The thing is, they don't and taxes are not preventing businesses from growing.    &gt; D) Society captures the majority of individual commercial efforts (estimates vary, but typically 85%). In other words, if I generate $10.00 of value as an entrepreneur, I will realistically be able to capture only $1.50 of that.  Yes but that is because unless you are doing it ALL yourself then you did not generate that $10. As a business owner you are in charge of managing resources to help generate that $10, you yourself however did not generate that $10. You had employees, and contractors, and people managing your building, payroll and yes even taxes. Every person involved in getting the product or service from idea to the door are all part of that $10. If your efforts in that co-ordination are netting you 15% of the total then you are beating the market already and I am not sure what your problem is. If you are looking to double or triple your investments you are looking for Las Vegas not Wall St or Main St.  I think the issue I see among people with your opinion is a failure to understand 2nd and 3rd order effects. Your bubble extends to what you do in your daily life and the parts of it you visibly see and touch. The world you see and touch every day is supported and made comfortable by a whole system and people whom you will never see or know.\""}
{"_id": "246173", "title": "", "text": "Do you know what a derivative is? Did you know it is possible to own derivatives of assets that you do not own? Did you know there are derivatives of derivatives? Did you know that the derivatives market is many times larger than all the money on earth?  At some point modern markets became so many steps removed from the basic principles of business that they no longer make any sense. Most trades today are done by supercomputers with high speed connections running incredibly complex algorithms invented by the most brilliant mathematicians money can buy. All of whom are studying what each other are doing and trying to manipulate each others algorithms in such a way as to make money faster and harder than the other guy. It is way beyond what any human can comprehend let alone regulate.  Teams of the smartest people on earth can kind of grasp a tiny sliver of what is going on."}
{"_id": "246174", "title": "", "text": "If you're in the UK: Vouchers: http://www.vouchercodes.co.uk/ Vouchers and deals/offers: http://www.hotukdeals.com/ Cashback schemes: http://www.quidco.com/"}
{"_id": "246175", "title": "", "text": "The mortgage is a debt and you pay interest on it, typically more than you can earn elsewhere (especially once taxes are taken into account.) By lowering the principal, you lower the total interest you pay. This is true whether you sell the house after 1 year, 10 years, or 100 years. In your case, prepayments made in the next few years would mean that when you sell, your mortgage principal would be lower than it otherwise would have been, and your house equity will be higher. You can therefore either move up to more house for the same monthly payment, or have a lower monthly payment for the same kind of house. Either of those are good things, right? Now is the easiest time to find a little more money, so do it if you can. Later you will have more obligations, and develop a taste for more expensive things (statistically speaking) and therefore find a few hundred a month much harder to come by."}
{"_id": "246191", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.npr.org/2017/06/08/532036374/house-passes-bill-aimed-at-reversing-dodd-frank-financial-regulations) reduced by 89%. (I'm a bot) ***** &gt; In a near party-line vote, the House approved a bill, dubbed the Financial CHOICE Act, which scales back or eliminates many of the post-crisis banking rules.  &gt; Financial reform advocates argue the CHOICE Act would leave the U.S. economy vulnerable to another financial crisis.  &gt; &amp;quot;The Wrong Choice Act is a vehicle for Donald Trump&amp;#039;s agenda to get rid of financial regulation and help out Wall Street. It&amp;#039;s an invitation for another Great Recession, or worse,&amp;quot; said California Rep. Maxine Waters, currently the top Democrat on the House Financial Services Committee.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6g6pmq/pendant_ce_tempsla_la_maison_blanche_passe_une/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~139936 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **financial**^#2 **regulation**^#3 **Dodd-Frank**^#4 **bill**^#5\""}
{"_id": "246192", "title": "", "text": "Check with your local bank - you're likely to be able to either deposit it to your account or exchange into more useful form of currency. Otherwise, you can also check eBay. I'm not familiar with the Australian law, and it may be illegal to do that, but I know that coins from other countries that went out of circulation become quite popular with collectors and you can sell them for more than their face value (recently I've seen this happening to the Canadian 1 cent coin)."}
{"_id": "246193", "title": "", "text": "You're not considering the level of abstraction. There are plenty of axioms taken by philosophers in various arguments throughout history that don't conflict with free will.   You're right about the accuracy of axioms being important though. If you can disprove an axiom you can disprove the theory, that's why the fewer axioms taken, and the simpler those axioms are, the stronger the resultant argument becomes.  We can make certain simple assumptions about human nature, such as that all else being equal, people will chose to take actions that aligns with their wants/needs over ones that do not."}
{"_id": "246194", "title": "", "text": "Because most people can barely manage to operate a can opener, let alone do anything worthwhile, so these retards are upset because they think they're something special and they're probably garbage men posing online as special forces MBAs or some shit.  The downvote is probably proof that I'm right more than anything."}
{"_id": "246202", "title": "", "text": "well, i was a kid when they shot the president through the head and his brains flew out into his wife's lap.    I'm saying this for my own sanity and perspective, not to dramatize myself.  at the same time, please don't misunderstand me as minimizing the creepiness of whats happening currently"}
{"_id": "246216", "title": "", "text": "Sounds like a good time for the government to borrow a lot of money and plow it all into infrastructure projects like roads, water pipes, etc.   It will put people to work, fix a lot of things that need to be fixed, and put us in a much better position than Europe when its all over."}
{"_id": "246221", "title": "", "text": "ESPP tax treatment is complicated.  If you received a discount on the purchase of your stock, that discount is taxable as ordinary income when you sell the stock.  Any profit about the market value when the stock was purchased is taxed based upon the holding period of the stock. If you have held the stock less than a year, the profit is taxed at your marginal tax rate (ie taxed as ordinary income). If the stock is held for more than a year, it is taxed at a special capital gains tax rate, which ranges from 0-20% depending on your marginal tax rate (most people pay 15%)."}
{"_id": "246253", "title": "", "text": "\"An investment portfolio is typically divided into three components: All three of those can be accessed through mutual funds or ETFs. A 401(k) will probably have a small set of mutual funds for you to pick from. Mutual funds may charge you silly expenses if you pick a bad one. Look at the prospectus for the expense ratio. If it's over 1% you're definitely paying too much. If it's over 0.5% you're probably paying too much. If it's less than 0.1% you have a really good deal. US stocks are generally the core holding until you move into retirement (or get close to spending the money on something else if it's not invested for retirement). International stocks are riskier than US stocks, but provide opportunity for diversification and better returns than the US stocks. Bonds, or fixed-income investments, are generally very safe, but have limited opportunities for returns. They tend to do better when stocks are doing poorly. When you've got a while to invest, you should be looking at riskier investments; when you don't, you should be looking for safer investments. A quick (and rough) rule of thumb is that \"\"your age should match the portion of your portfolio in bonds\"\". So if you're 50 years old and approaching retirement in 15 years or so, you should have about 50% in bonds. Roughly.  People whose employment and future income is particularly tied to one sector of the market would also do well to avoid investing there, because they already are at risk if it performs badly. For instance, if you work in the technology sector, loading up on tech stocks is extra risky: if there's a big bust, you're not just out of a job, your portfolio is dead as well. More exotic options are available to diversify a portfolio: While many portfolios could benefit from these sorts of holdings, they come with their own advantages and disadvantages and should be researched carefully before taking a significant stake in them.\""}
{"_id": "246258", "title": "", "text": "I guess it depends on the profession. There's a lot of employees that like it on a resume, but value skills/experience a lot more. Most resumes that include a college degree provide a small and brief section for it and cover their skills and experience way more in depth. If I could do it all over again I'd probably opt out of a 4-year degree and go to technical school for a certificate. It seems like the average person gets more bang for their buck out of tech school IMO."}
{"_id": "246268", "title": "", "text": "Ok but to be clear, you are in favor of mortgage backed securities being bought by the FED and you agree the securitization process was screwed up beyond belief leading up to the last mess. Am I correct? And with Tbonds you want the government to cancel them once they are on the FEDs books?"}
{"_id": "246276", "title": "", "text": "The music industry put up a fight, but look where we are now.  I can spend $8 a month to get almost any song I want to listen to at any time from Spotify and even download it for offline use on my mobile devices. I can buy songs from iTunes without any DRM and upload them to Amazon Cloud to download later on to a Zune.  I can't wait until television and movies are the same way."}
{"_id": "246279", "title": "", "text": "It would be tough to make that move.  The traders at my work look down on the settlements desk, which is wrong because they do great work and without them we wouldn't be able to have a viable business. so thank you for your work! but to answer your question I would suggest making friends with the traders, joke around, find out where they go for drinks and just show up! be outgoing. make friends with them and mention you'd like a shot at it at some point."}
{"_id": "246286", "title": "", "text": "I'd be down with alleviating student loan debt, but only after massive reform to who can take out student loans. The fact that we have students studying fields with limited possibility of ever finding work, and borrowing $150k to do so, is patently ridiculous. If you want to study anthropology, no you can't borrow 6 figures. It's a super cool subject. I'd love to study it. But fuck no, I'm not going to borrow money to do that any more than I'd borrow 6 figures to travel around Europe for 4 years. Social sciences are generally a big part of the problem right now, and students are frankly being misled by schools who misrepresent the career potential of many fields.  Sociology, women's studies, anthropology, comparative religion, interdisciplinary studies, afro-american studies, psychology, etc. All excellent and worthy subjects if you can afford them. But students shouldn't dig a hole for themselves to study them and then complain later when they can't find work."}
{"_id": "246295", "title": "", "text": "all other things being equal if you have two stocks, both with a P/E   of 2, and one has an EPS of 5 whereas the other has an EPS of 10 is   the latter a better purchase? What this really boils down to is the number of shares a company has outstanding.  Given the same earnings & P/E, a company with fewer shares will have a higher EPS than a company with more shares.  Knowing that, I don't think the number of shares has much if anything to do with the quality of a company.   It's similar to the arguments I hear often from people new to investing where they think that a company with a share price of $100/share must be better than a company with a share price of $30/share simply because the share price is higher."}
{"_id": "246299", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ericpetersautos.com/2017/06/27/whatever-happened-cng-powered-cars/) reduced by 86%. (I'm a bot) ***** &gt; Much cleaner than today&amp;#039;s already very clean-running cars - because of the clean-burning nature of CNG. They may even run cleaner, in the aggregate, than so-called &amp;quot;Zero emissions&amp;quot; electric cars - which may not emit emissions at their nonexistent tailpipes but the utility plants that burn oil and coal to produce the electricity that powers them most certainly do produce lots of emissions.  &gt; One must also take into account the emissions generated during the very labor intensive process of earth-rape necessary to manufacture electric cars and to obtain and process the raw materials used to make them and which are not needed to make CNG-powered cars.  &gt; Cars like the six-passenger/full-size Ford Crown Vic and Chevy Impala and - potentially - large SUVs and trucks, also with V8s. And at a reasonable price - less than the cost of a hybrid and far less than the cost of an electric car.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kzhbv/its_interesting_to_speculate_about_why_solutions/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~158055 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **car**^#1 **vehicle**^#2 **CNG**^#3 **electric**^#4 **CNG-powered**^#5\""}
{"_id": "246307", "title": "", "text": "I would love to say thanks all your comment here,I am also ask any idea and also like advertise my experience service of myself here.If you would love to help and support me,Please recommend me to any kinds of travel blog or website or to your friends is the best.If you know the Tuk Tuk driver business life you all will be cry.we are working one day just for live one days with normal family because we have so bad policy here I hope you all understand about Cambodia. Please help and support my service thanks  What's app : +855 81553978 Fb or mail : sokly_coco@yahoo.com[Trusty Tuk Tuk ](www.trustytuk.com)"}
{"_id": "246311", "title": "", "text": "\"Others have already explained why lotteries have negative expected value, so in that sense it is never wise to buy a lottery ticket.  I will provide an alternative view, that it is not always unwise to buy a lottery ticket even though the expected value of the lottery ticket is lower than its cost (i.e. a loss). The question is what you mean with \"\"wise\"\" A (not completely unlikely) scenario is one where your life (financially) suck, and even if you saved the cost of the ticket (instead of buying it) your life would still suck. Even if you saved the cost for a ticket every week for 10 years, your live would not be essentially better. You could maybe afford a TV, or a new car in 40 years, but if you were to quantify the happiness of your life it would still be essentially crappy. But winning the lottery would significantly improve your life and make you happy. So in this scenario there are two choices, either save the money for 0% chance of a happy life, or spend it on a ticket for a (extremely) small chance of a good life. Yes, the expected value of saving the money is higher than when buying the ticket, but \"\"expected happiness\"\" is higher when buying the ticket (non-zero).  This is clearly an extreme example, but variants of this might apply (the essence is that your valuation of the money is non-linear, 1 million will make you more than 1000 times as happy as 1000.)\""}
{"_id": "246314", "title": "", "text": "It's definitely a racket, but safety is a pretty good reason to implement regulation and filters on who can be a driver. Some places have had illegal taxis operating for years, which might be fine a lot of the time, but can also lead to drivers robbing/kidnapping/hurting people. This is the thing that taxi drivers keep trying to remind us of while they try to keep their jobs. It's also why a lot of people would be scared to try hitchhiking. In fact my previous manager went on a work trip to Africa years ago, was met at the airport by a prebooked taxi driver, got driven into the middle of nowhere and robbed at gunpoint. Similar might have happened to me and my mum after landing in Kuala Lumpur years ago, having a taxi driver offer us his services which we accepted, only for him to run away before we got to his car because the airport police saw him and gave chase on sight.  Don't forget, when you get into a car you are at the mercy of the driver. If taxis were just any dude who happens to be in a car then it could easily be a bad guy pretending to be a taxi driver to find victims. But if taxis are uniquely marked, and drivers have special licenses, you at least get some assurance that their main motivation is to provide a taxi service.  A key thing that Uber changed is making it feel like the drivers and passengers are easily identified by being on the app, while making a strong public case for their service, making drivers and passengers seem legitimate. But imagine getting into strangers cars a few years ago when it wasn't common. Or even easier, imagine getting into a strangers car that you didn't book through Uber. Imagine standing at a bus stop and having some dude in a Camry pull up and ask if you need a ride. Or seeing some guy on craigslist advertising himself as a private taxi who doesn't want to use Uber.  If you're asking why taxis are so expensive everywhere, well that's probably more to do with them being scummy, protectionist businesses than anything else. But until a few years ago, the service that Uber (and AirBNB) provide was highly sketchy outside the proper channels."}
{"_id": "246335", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://news.bitcoin.com/britain-largest-broker-exchange-traded-bitcoin-investments/) reduced by 86%. (I'm a bot) ***** &gt; On Thursday, June 1, two bitcoin investments were added to Hargreaves Lansdown&amp;#039;s platform; Bitcoin Tracker One and Bitcoin Tracker Eur.  &gt; The foreign exchange rate risk for Bitcoin Tracker One is USD/SEK whereas it is USD/EUR for Bitcoin Tracker Eur.  &gt; While the certificates are denominated in SEK and EUR, they track the price of bitcoin in USD. &amp;quot;As the BTC/USD market is the most liquid bitcoin market widely available for trading, we regard it as the most suitable underlying asset in a bitcoin product,&amp;quot; the company explained.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ewbj3/britains_largest_broker_offers_exchangetraded/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135054 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bitcoin**^#1 **accounts**^#2 **Hargreaves**^#3 **Lansdown**^#4 **track**^#5\""}
{"_id": "246345", "title": "", "text": "This doesn't explain the methodology used, but it appears to only include national taxes on wage income for the middle class. Do these European countries have the equivalent of state and local taxes? Do they have sales tax or VAT? Property taxes?  The American tax system is uniquely cumbersome and complicated to the point where even tax experts don't understand all of it. I highly doubt whichever method was used in this study accurately represents the tax burden on Americans, but I can't say for sure since that article doesn't share its methodology."}
{"_id": "246356", "title": "", "text": "\"&gt;Good luck arguing that in court while defending non-payment of taxes. Might want to look up Wesley Snipes court case - not like this hasn't been argued before.  OKAY. So your argument is \"\"Well, the *government* doesn't think your arguments against them are very good!\"\"  I think you might have to actively try in order to reach this level of wrong and misguided.\""}
{"_id": "246361", "title": "", "text": "Your link is something I know all about. Temperature rise, great,   CO2 rise, great!  Increased precipitation, awesome!  Sea level rise, not a problem. 6 inches in a hundred years.  Increased storms. The main problem with these storms is since population increases, the more likelihood it will hit someone. There is no panic right now with these storms. We have weathered them just like we have always.  With increased precipitation, more water will end up on land, in aquifers and in our reservoirs. That would be fantastic for California. Not in the oceans, so that may help with the sea level rising.  This is all alarmist talks, what we can see is record grain crops in Canada. So much that they had trouble transporting it. It helps feed the world. That's a great thing."}
{"_id": "246374", "title": "", "text": "The money created by the Federal government is spent on public programs increasing the wealth of the general population. Banks loan money to the general population and make back more money in interests, thus gaining a part of the increased money created by the government. The bank can now pay back more that what the borrowed from the government."}
{"_id": "246381", "title": "", "text": "The difference is that if you end up owing more than $1k in taxes come April, you **will** be mandated for withholding next year (that's at the federal level, I don't know CA law in particular); and if this isn't the first time you've done it, you may owe additional penalties as well.  Your actual tax liability comes out the same either way; you're *probably* better off just letting Uncle Sam have an interest-free loan for a few months and getting the difference back in April, than risking it; but if you've done the math and know you'll only owe exactly $999.99, you can do what you want.  :)"}
{"_id": "246393", "title": "", "text": "\"tl;dr:  Prosecutors probably thing they can't meet the \"\"reasonable doubt\"\" standard, and the deck is heavily stacked against lawsuits.  The whole running the company into the ground part is legal.  It's stupid, but no different than any bad boss that pits employees against each other.  Just on a much grander scale.  The real estate thing is extremely shady.  However, when you're the boss of a company, It's not considered theft to do business with another company you own.  The truth is Sears is drowning in debt.  The CEO offered an easy out.  They sell the property, and only pay reduced rent.  It also means closing stores is easier, and Sears is on the decline.  So, on its own, it's shady, but not the worst way of getting quick cash.  The fact that the CEO is responsible for that decline is what pushes things into potential legal trouble.  It's essentially a complicated form of theft.  One where if Sears goes bankrupt too early (before 2020 or so), his real estate business can't handle it and burns.  However, these sorts of executive theft are almost never prosecuted.  The best chance would be a shareholder lawsuit, but it would have to be against the entire board for supporting him.  Then you run into the issue that, while the board is \"\"elected\"\", the laws governing it allow for tricks that make the Russian election look sterling in comparison.\\*  Basically, if a CEO is backed up by the board, and not doing something blatantly illegal, they can probably get away with it.  Board elections tend to be rigged to the point that having a member that cares about the company, and all the minor shareholders is laughable.  \\* In addition to how the candidates are chosen, votes are cast, etc..., etc... many companies have several types of shares.  Some of which have no voting power, and some of which count for many times the vote of a normal share.\""}
{"_id": "246394", "title": "", "text": "While disputes exist about how to define poverty, the poverty rate in India appears to have been on the decline for years in both percentages and raw numbers. ([source](https://blogs.wsj.com/indiarealtime/2013/07/25/how-to-read-indias-poverty-stats/)) It was thought by the end of the 20th century India would hit the Malthusian wall and starve to death. However, human ingenuity, being limitless, held that problem at bay. Now, India's official poverty rate is much closer to America's and the economy is growing at over 7% a year."}
{"_id": "246398", "title": "", "text": "\"&gt; When a computer and internet expert gives you tips about the internet  Oh you're an \"\"expert\"\"? Well thanks, stranger from the internet, I guess all those other experts in the ad industry and tech don't have any idea what they're talking about and only you're right?\""}
{"_id": "246402", "title": "", "text": "While you're asking about a particular bank, I'll give my opinion of this in general.  I think a $12,000 household income is pretty low to be given credit. The risk to the bank is certainly higher than if the income were at that $35,000 level. They can use this to differentiate what they offer for perks, and if they ever collateralize the debt of these cards, it's a clearly defined demographic."}
{"_id": "246447", "title": "", "text": "\"I listen to EDM and for whatever reason, many EDM artists post their mixes on Soundcloud.  So I use Soundcloud.  But holy shit is everything about it garbage.  The app likes to close, freeze, or just refuse to play despite appearing to otherwise be functioning.  The search is hot garbage.  You can't really string together a play list (at least not easily that we've found).  You can favorite things... but I am constantly hunting through the list of new stuff looking for mixes amongst the 2-3 minute song reposts.  An \"\"add to playlist\"\" option would be really nice.  Soundcloud is hot garbage and them cutting 40% of their staff makes me immediately think that they fired only two people because it is hard to believe that more than five people could work at a place with such a shitty app.\""}
{"_id": "246453", "title": "", "text": "\"J - Approaching the answer from the W4 perspective (for calculation purposes) may be more trouble that it's worth. I'd strongly suggest you use tax software, whether it's the 2016 SW or a current year one, on line, to get an estimate of your total tax bill for the year. You can then look at your current run rate of tax paid in to see if you are on track. If you have a large shortfall, you can easily adjust your withholdings. If you are on track to get a large refund, make the adjustment so next year will track better. Note, a withholding allowance is equal to a personal exemption. Some think that \"\"4\"\" means 4 people in the house, but it actually means \"\"don't tax 4 x $4050\"\" as I have $16200 in combined people or tax deductions.\""}
{"_id": "246459", "title": "", "text": "Yes.  For $15 it's not worth anyone's time to dig deep just for this specific occurrence. What you should do, however, is keep an eye on your credit card bills and accounts and watch for any other suspicious activity.  It is possible that your number was stolen somehow and someone is using it fraudulently, so you want to be on the lookout in case they try to use it again.  However, your credit card company is going to be much, much better than you at detecting patterns of fraud, which is why you should leave it to them unless and until you actually see more suspicious activity."}
{"_id": "246461", "title": "", "text": "In the US, you can only take a tax deduction on expenses to the extent that they offset income. For an S corp or LLC, if the business had no income, there's no deduction to take. If you have a sole proprietorship, these expenses can offset other income. You can also carry-forward net operating losses to future years when you have more income. See the article How to Carry Over Business Expenses"}
{"_id": "246464", "title": "", "text": "These aren't just any old run of the mill unions, these are ***Public*** unions. These are unions of ***government*** employees. Government employees already get special benefits by dint of their government jobs, such as wonderful pension and medical plans that the rest of us can only dream about. When they unionize, they demand even more and get it.        Seems to me that if government workers want to unionize then they should forfeit their government benefits and be paid as non-government contractors or something similar."}
{"_id": "246472", "title": "", "text": "Well, if someone is paid hourly and works less hours\u2014then clearly there is lost income.  Additionally, there may be promotions that a parent gets passed over for because he/she often leaves work early to be with the kids.  Usually, I think, one of the two spouses slows his/her career a bit while raising the kids, this obviously effects the earning potential of the family.    Ultimately, the point I was focused on is that the amount, $900,000, isn't just paying for food, diapers, clothes, books, the larger house you need to house a larger family, the larger car/van you need to tote the kids around in, the extra gas you use in that car/van taking the kids to places you wouldn't otherwise be going, the baby-sitter for date-night, the potential extra seats on planes etc., it includes other lost opportunities (hey, that great job offer on the other side of the country, can't take it unless you want to pull your kids out of 8th grade in the middle of February... etc).  All of this adds up, it doesn't seem entirely unreasonable that it would be close to a million dollars.  Also, the $900,000 estimate is probably an estimate of the average.  Obviously, I can't speak for your friends, they may be outliers.  Edited: grammar"}
{"_id": "246484", "title": "", "text": "\"I saw where you said \"\"I thought of co-signing is if a portion of child/spousal support goes directly to the landlord. I asked the Child Support Services (who deduct money from my paycheck monthly to pay support to my ex) and they told me that they are not authorized to do this.\"\"  I know going back to court isn't a pleasant thought, but from the looks of things, your suggestion is the only way to accomplish this. It's ridiculous for anyone to suggest you keep up your payments and cosign, yet the ex has no obligation to use that income to actually pay her rent. From what you've said, she sounds irresponsible and self-destructive.  As someone who has had bad tenants, I'd not go near her, even with a cosigner. It's just not worth the risk.\""}
{"_id": "246485", "title": "", "text": "Hey Congrats on the Interview. I have been to the Manhattan office  for their charity day. It is a very legitimate firm and you should really go for the job. My advice to you is to know your stuff and be prepared. I'm not sure exactly what the position entails but read over the job description and make sure you sell yourself. I tried to get an internship there when i went for the charity day. I went with one of the famous people that they invite every year and i spoke with the manager and met the CEO but when it came time to email them they just brushed me off and said that the position was full. The CEO is very well known and respectable up on Wall Street. I believe it would be a great opportunity however, it would probably be pretty cutthroat."}
{"_id": "246513", "title": "", "text": "TLDR  * Of funds with a five-star rating, three years later only 14% had performed at a five-star level.  * Of funds with a four-star rating, three years later 25% received only a one or two-star rating for that period.  * About a third of three-star funds received that rating again three years later for that period.  * Sixteen percent of two-star funds went on to receive a four- or five-star rating three years later for that period.  * While one-star funds were most likely to merge into other funds or be liquidated, about 14% still went on to earn four or five stars three years later for that period.  Methodology:  https://www.wsj.com/articles/how-the-wall-street-journal-did-its-analysis-of-morningstar-ratings-1508947039?tesla=y"}
{"_id": "246516", "title": "", "text": "You may get it from a typical company however they may regard your unique cruiser as an ordinary one and will most likely be unable to esteem the antique race motorcycle legitimately. Concurred estimation of the cruiser is one of the essential elements of antique motorcycles protection. Different things which are shrouded in a protective arrangement are mileage on the motorcycle, save parts scope and they even increment the estimation of the bike after consistently since it is a vintage motorbike cruiser."}
{"_id": "246522", "title": "", "text": "The idea is great but US securities laws impose a huge burden on these businesses.  Specifically [Rule 502(c)](http://taft.law.uc.edu/CCL/33ActRls/rule502.html) of Reg D prohibits 'general solicitation and advertising' - such as using the internet.  There is currently pending legislation to amend the [US Securities act of 1933 sec. 4(2)](http://taft.law.uc.edu/CCL/33Act/sec4.html) regarding public offerings to help reduce such barriers, but as it stands there are significant barriers to entry in the market.  SEC filing and reporting requirements, especially after Dodd-Frank, are onerous to say the least, and running direct lending services are at the moment largely cost prohibitive due to these requirements."}
{"_id": "246529", "title": "", "text": "Basically isn't this like if they loaned a bank 400b with 401b due tomorrow, and then the bank took the same loan the next day? Gross exaggeration I know, but I just want to make sure that is the way this works."}
{"_id": "246531", "title": "", "text": "As I recall, the Scottrade minimum is only $500. (By the way, Scottrade has a feature to automatically reinvest any dividends which the securities pay) Once you have an account, you can buy into an index fund.  SPY tracks the S&P 500. It is also currently paying nearly 2% in dividends.  You can shop for other alternatives here: http://seekingalpha.com/insight/etf_hub/etf_guide/selector/article/39431-core-building-blocks-large-mid-small-cap-us-etfs"}
{"_id": "246537", "title": "", "text": "Not sure if you watch Bill Maher, but he has a theory that the US will always be there to babysit neighbour Pakistan.  Trying to make sure ISIS doesn't invade and control Pakistan's nukes. Just food for thought."}
{"_id": "246545", "title": "", "text": "\"I guess it depends on what you think \"\"tough math\"\" is.   A lot of finance folks have only a passing familiarity with algebra in day-to-day use.  At the portfolio-building level, it depends on the style of management. Pretty much every PM will be somewhat familiar with statistics into the concepts of linear regression. The quants, however, start going into all sorts of things. Multiple regression models to start with, but ARCH/GARCH stuff, vector autoregression, et cetera on the econometrics side. Other folks bring in things like martingale theory and some other things I don't know about.  Derivatives and arbitrage are where you'll probably find the most \"\"fun\"\" math. They use of binomial pricing models, various types of calculus, and whatever else they dream up these days. I don't work in this area, so I'm not as clued in here.  If you'd like to do something a little bit more guided than self-learning, check out the curricula for MS programs in Financial Engineering; they'll give some leads, too.\""}
{"_id": "246547", "title": "", "text": "As far as the spam mail goes, I own a rental (in Connecticut) and live in Massachusetts, I get very little mail related to this property. I view this as a non-compelling reason.  Your other reasons pick up quick in value. The protection from the rest of your assets is helpful, and the one con for most is the inability to get a loan with such a structure, but in your case, a cash purchase is mentioned.  I don't know what the fees are to start an LLC, but overall, I believe the pros outweigh the cons. Yes, your Pro 4 looks good, an ongoing business with a track record will help the next purchase."}
{"_id": "246550", "title": "", "text": "\"There's never one \"\"good\"\" reason why a stock is going down. Amazon (along with most of the retail sector) is extremely overvalued in general.  A lot of yesterday's drop probably has to do with Best Buy's 15% collapse and awful guidance though.\""}
{"_id": "246551", "title": "", "text": "&gt;They publish articles  They especially The Atlantic does investigative journalism. Vice on the other hand does investigative journalism on the level of Buzzfeed. Why you think Vice does quality work is beyond me.  The only possible reason is you are their main demographic.  I mean this linked piece is shallow to say the least.    &gt;I suspect that further attempts at reasonable dialogue with you is a waste of my time.  I suspect the same given your replies and that stance here."}
{"_id": "246582", "title": "", "text": "I'm not quite sure what version of reality you were watching during the past 6 weeks, but the customers did absolutely boycott this store.  I was one them.  If you had bothered to step out with any of these protesters, you would have found associates and customers alike.  The store remained opened and there was always merchandise to buy.  I went into my store, repeatedly during this 6 week boycott and the shelves were always stocked and being stocked.  Meat, produce, seafood, and some dairy was not being delivered because, if it was not being bought, it was just being thrown away.  Many vendors had stepped forward and publicly stated that because of the Board's irresponsibility in their handling with the Artie T matter, it was costing them business and they were no longer going to do business with Market Baskett until ATD was reinstated.  This was a boycott, because putting a financial stranglehold on the business was the only way to make the Board listen to what was being said."}
{"_id": "246586", "title": "", "text": "Brokerage firms are required to report the number of shares being shorted.  This information is reported to the exchange (NYSE of NASDAQ) and is made public.  Most financial sites indicate the number of shares being shorted for a particular stock.  The image below from Yahoo finance shows 3.29 million shares of CMG were being shorted at the close of 9-28-2012.  This is over 12% of the total outstanding shares of CMG.  For naked short selling additional information is tracked.  If the brokerage is unable to borrow shares to deliver before the settlement date of a short sale then the transaction is recorded as fails-to-deliver.  No money or shares are exchanged since the brokerage is unable to deliver the shares that were agreed upon.  A large amount of fails-to-deliver transactions for a stock usually indicates an excessive amount of naked shorting.  When investors and brokerage firms start to aggressively short a stock they will do so without having borrowed the shares to sell.  This will result in a large amount of naked short selling.  When there are a large number of naked short sellers not all the sellers will be able to borrow the necessary shares before the settlement date and many fails-to-deliver transactions will be recorded. The SEC records the number of fails-to-deliver transactions. The table below summarizes the fails-to-deliver transactions from 1-1-2012 through 9-14-2012 (data obtained from here). The \u201cExt Amount\u201d column shows the total dollar value of the transactions that failed ( i.e. Fail Qty * Share price ).  The \u201cVolume\u201d column is the total number of shares traded in the same time period.  The \u201c% Volume\u201d shows the percentage of shares that failed to deliver as a percentage of the total market volume. The table orders the data in descending order by the quantity of shares that were not delivered.  Most of the companies at the top of the list no longer exist.  For many of these companies, the quantity of shares that failed to deliver where many multiples of the number of shares traded during the same time period.  This indicates massive naked short selling as many brokerages where unable to find shares to borrow before the settlement date. More information here."}
{"_id": "246612", "title": "", "text": "Summarized article: Demand for antibiotic free meat is growing and the movement has been led by Chipotle Mexican Grill.   Chipotle switched to naturally raised pork over 10 years ago in effort to improve pork sales. Although the price went up a full dollar for an antibiotic free pork burrito, sales significantly increased.  Many food providers and retailers are now following suit including Hyatt Hotels, Bon Appetit Management Co. and Walmart.   The current market share of antibiotic free meat is estimated at 2%. But demand is increasing as a growing number of consumers have become aware of how antibiotics used in livestock animals can lead to an antibiotic resistance in humans.   Consumer concern led the Food and Drug Administration to launch a voluntary plan for pork, beef and poultry producers to limit the use of antibiotics.  *For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit*"}
{"_id": "246621", "title": "", "text": "They forgot some important steps.  1) Send white guys who speak fluent Mandarin. Have them pretend they only speak english. The Chinese will chatter away in Mandarin right in front of you, talking about how they are going to cut corners and screw you over. Have your guys report back and make the appropriate corrections.  2)Pay a white guy to sit at the factory while your run is being done.  He should spend most of his time at QC. When they build an electronics test rig and 1 out of 10 tests passes, that is not a pass. According to China, fail, fail, fail, fail, fail, fail, fail, pass means it is good.   3)Hire a trade agent! There are people who do this for a living with smaller runs when you can't afford to send a babysitter. China is a tangled web of tiny scams and they are working for you, not the factory. Local contacts go a long way.  4) Overbuy. You need 45,000 products? Order 60,000 or more. The defect rate is higher than you think it is. Plus you are paying for the sea can one way or another. It's easier if it's full."}
{"_id": "246624", "title": "", "text": "\"First of all, the annual returns are an average, there are probably some years where their return was several thousand percent,  this can make a decade of 2% a year become an average of 20% . Second of all, accredited investors are allowed to do many things that the majority of the population cannot do. Although this is mostly tied to net worth, less than 3% of the US population is registered as accredited investors. Accredited Investors are allowed to participate in private offerings of securities that do not have to be registered with the SEC, although theoretically riskier, these can have greater returns. Indeed a lot of companies that go public these days only do so after the majority of the growth potential is done. For example, a company like Facebook in the 90s would have gone public when it was a million dollar company, instead Facebook went public when it was already a 100 billion dollar company. The people that were privileged enough to be ALLOWED to invest in Facebook while it was private, experienced 10000% returns, public stock market investors from Facebook's IPO have experienced a nearly 100% return, in comparison. Third, there are even more rules that are simply different between the \"\"underclass\"\" and the \"\"upperclass\"\". Especially when it comes to leverage, the rules on margin in the stock market and options markets are simply different between classes of investors. The more capital you have, the less you actually have to use to open a trade. Imagine a situation where a retail investor can invest in a stock by only putting down 25% of the value of the stock's shares. Someone with the net worth of an accredited investor could put down 5% of the value of the shares. So if the stock goes up, the person that already has money would earn a greater percentage than the peon thats actually investing to earn money at all. Fourth, Warren Buffett's fund and George Soros' funds aren't just in stocks. George Soros' claim to fame was taking big bets in the foreign exchange market. The leverage in that market is much greater than one can experience in the stock market. Fifth, Options. Anyone can open an options contract, but getting someone else to be on the other side of it is harder. Someone with clout can negotiate a 10 year options contract for pretty cheap and gain greatly if their stock or other asset appreciates in value much greater. There are cultural limitations that prompt some people to make a distinction between investing and gambling, but others are not bound by those limitations and can take any kind of bet they like.\""}
{"_id": "246633", "title": "", "text": "\"Have her chip in for the regular expenses, utilities, food, etc., and a bit for \"\"rent.\"\" Then tell her to be sure to deposit to her retirement account, preferably a matched 401(k).  It's admirable to want her to build 'equity' but it's pretty convoluted. You can't actually give her ownership, and in the event you break up (I know you won't, but this is to help other readers) you'll have to pay her back a lump sum when she moves out. That might not be so easy.\""}
{"_id": "246652", "title": "", "text": "yes that is true. but the point is they don't have to be so greedy, making it a bad share. They could have priced the stock right, gaining investors confidence, and still could have reached heights, making every one richer on the way. instead they chose to cash in and sink everyone else"}
{"_id": "246672", "title": "", "text": "I wholeheartedly agree with this, of course there are limits, but in my experience it's not the pay that makes you truly happy. Though it certainly relieves certain day to day stress, it's mostly the people you work with that tend to make or break you liking your job. In order for me to leave my current job I'd probably have to get at least a 50% percent pay increase for me to even consider it. I will not trade my current happiness for money alone."}
{"_id": "246687", "title": "", "text": "\"When will these guys extract their heads out if their asses and actually have a look at the rest of the world?  Take 3 \"\"countries\"\" and compare: USA, UK, and EU.   USA and UK did fiscal austerity and Unconventional Monetary policy (QE).   EU did fiscal austerity and stuck to conventional monetary policy (lowered interest rates).  The results: US and UK unemployment figures shrinked since to trough, GDP slowly ticking up, so a weak recovery.   EU has seen little to no improvement in unemployment, and is on the verge of a triple-dip recession.    Now make up your mind on what the FED can or cannot do for unemployment.\""}
{"_id": "246688", "title": "", "text": "If you read the fine print in the Pricing & Terms section of that card, you'll see: By becoming a Visa Business Card cardmember, you agree that the card is being used only for business purposes and that the card is being issued to a public or private company including a sole proprietor or employees or contractors of an organization. So that card is a Chase-branded Visa card, and should be accepted anywhere other Visa cards are. Credit cards are normally either MasterCard or Visa, although many of them make that rather inconspicuous.  The only major exceptions I know of are American Express and Discover.  (And store cards that are only good at one particular store.)"}
{"_id": "246690", "title": "", "text": "Not directly. But companies benefit in various ways from a higher stock price. One way a high stock price can hurt a company is that many companies do share buybacks when the price is too high. Economically speaking, a company should only buy back shares when those shares are undervalued. But, management may have incentives to do buybacks at irrationally high prices."}
{"_id": "246706", "title": "", "text": "Get your jewelery appraised.  (Don't let whoever does the appraisal be the same person whom you would sell it to.) Logically jewelery must be worthy more than the raw gold that makes it up because somebody took the time to design patterns and do specialty craft to the metal."}
{"_id": "246721", "title": "", "text": "&gt;Vice is a broadcast company worth over $4B.  lol wut?  Vice is a media company, not a broadcasting company.  HBO charges premium prices to access HBO not Vice.    &gt;You've falsely equated them in quality to buzzfeed  Go back and read what I said.  I am equating them to buzzfeed on the quality of their content.  &gt;Correct.  If you agree with me then why are you defending Vice here so much?  Every article by them is shallow like this one and at that with a very noticeable liberal bias.    &gt;The problem with your logic is that I actually am exposed to its content while you self-select not to expose yourself to it.  How exactly is that a flaw in my logic?  I've seen enough from Vice to know its content is crap so why would I bother to read it?  &gt;the reality is that my perceptions are broadly based considerations based on a much larger sampling of their content while your perceptions amount to an opinion derived from a first impression glance.  More like the reality is you are making a grand assumption here on my end.  I'ved watched their documentaries that aired in the 90's, and read various articles and watch various Youtube video's from them.  They use to do high quality work, but now its crap."}
{"_id": "246722", "title": "", "text": "This guy is a painter riding aroud on a hipster bike (nothing wrong with hipster bikes) and he qualifies to buy a house.  How can a 23 year old even have enough credit history to buy a house?  This story doesn't add up."}
{"_id": "246724", "title": "", "text": "\"GM could have developed electric cars - hey they had the Chevy Volt. Yet GM is now worth about the same as Tesla - a company that has only sold a tiny fraction of the cars GM has. Acquiring Cruise Automation was a good move but $1bi is not a lot of money for a company their size. I do not believe GM has the vision necessary to transform the auto industry. They are too entrenched in their existing business model.   Now my previous comment was a direct retort to Miller's comment saying \"\"to say you can be a full level five with just cameras and radars is not physically possible\"\". It is obviously physically possible, regardless of whether Tesla is full of shit or not.\""}
{"_id": "246731", "title": "", "text": "&gt; Food to your door is a problem nobody is asking to solve.  Huh?  I'm chomping at the bit waiting for amazon fresh to come to my area... prices are actually pretty competitive and i'd gladly pay $15 a month to avoid the grocery store 4-6 times a month.  Not sure why you think there isn't a demand for it."}
{"_id": "246733", "title": "", "text": "Cross-listing shouldn't be an issue, as the sole reason stocks would behave differently on different exchanges would be due to exchange rates (sure, noise and time differences, but weekly data should take care most of that). If you're using MSCI World index figures in USD, you either have to convert stocks denominated in other currencies to USD at their historical fx rates, or just save a lot of time and use data from stocks listed in the US, when available."}
{"_id": "246738", "title": "", "text": "According to HMRC it seems that if you overpay, then at least part of the interest generated by that ISA is taxable (emphasis mine): If, by mistake, you put more than \u00a310,680 into your ISAs in a tax year, the excess payments are invalid, and you are not entitled to any tax relief on investments purchased with the excess payments. You should not try to correct this mistake yourself. Instead, you should call the ISA Helpline and explain the problem to them. They will advise you what action you need to take. However, as AlexMuller pointed out, HMRC also states (in section 6.1 here) that the ISA Manager (ie. the bank/building society) should not allow you to overpay. Managers\u2019 systems must ensure that ... no more than the cash ISA subscription limit can be subscribed to a cash ISA in a tax year and that no more than the overall subscription limit can be subscribed to a stocks and shares ISA in a tax year. As to what an individual ISA Manager would do should you attempt to over-pay, I imagine it would vary from Manager to Manager. ING Direct, for example, has the following policy (Taken from Section 12.5 here): ...f you send us a payment for an amount which would take you over the ISA investment limit under the ISA Regulations, we will send the excess above the investment limit,   or, if you sent us the payment by cheque, the whole of that payment, back to you."}
{"_id": "246759", "title": "", "text": "&gt; There are too many fingers in the pie - corporate, shareholders and franchisees are all trying to get the most money out of it. So prices go up and they slash and slash the quality.  You may be right overall but this is a strange sentence. Corporate and shareholders have the same slice of the pie you realise, right?"}
{"_id": "246791", "title": "", "text": "Thank you for responding. This all happened Friday night and I've been doing the job alone this weekend to offset the cost. I do very itemized invoices and planned on showing the difference there but, honestly, wasn't wanting to verbalize it to the client out of embarrassment. I knew it would have been an unprofessional move not to say anything and, admittedly, hoped I could find a way around it. But, you're right and I'll go ahead and do both.  Note: 10 years I've been doing this and I feel like my 12 year old self putting my terrible report card on the dining table for my mom to see and sign as I head out the door for school:("}
{"_id": "246798", "title": "", "text": "Why the fuck is everybody angry if corporations want to make money and build better products? It is their fucking purpose and if physical retailers still live in the 20th century it is their fucking fault. It is not like Amazon is the ultimate evil and uses the money to kill kitttens"}
{"_id": "246840", "title": "", "text": "\"For some strange reason I'm reminded of a quote one of my bosses would (jokingly) yell at us when I worked in the entertainment industry in LA: \"\"THEY MADE GONE WITH THE WIND WITHOUT WALKIE-TALKIES, AND YOU BRING ME -THIS SHIT-?\"\"\""}
{"_id": "246844", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Tesla saves the day In PR](https://np.reddit.com/r/talkbusiness/comments/78q6ni/tesla_saves_the_day_in_pr/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "246847", "title": "", "text": "&gt; I have a great idea for a business.  No. You don't.  &gt;It's a new idea that hasn't been done before  Seems incredibly unlikely.  &gt; I am so confident that it would be successful, I honestly don't see how it wouldn't.  You have done absolutely no research, so we can dismiss your claim out of hand.  &gt; My close friend told me I should get my service idea patented  Your friend is an idiot. It will cost you over $200,000 to get a single patent application filed, and no prior art must be available publicly. You can file a Provisional Patent Specification very cheaply, but it offers no protection. But you would be stupid even to do that, because your idea will never even make $200,000 in total.  Your idea is a terrible one, and it will not work. Of that much we can be entirely sure."}
{"_id": "246880", "title": "", "text": "I have no idea where this lie started and why it is perpetuated. A CEOs only fiduciary duty is to maintain shareholder value. Not increase it maintain it. If the stock price remains at $100 for 20 years congrats it\u2019s been maintained and you\u2019ve fulfilled your fiduciary duty"}
{"_id": "246882", "title": "", "text": "I would say generally, the answer is No.   There might be some short term relief to people in certain situations, but generally speaking you sign a contract to borrow money and you are responsible to pay.  This is why home loans offer better terms then auto loans, and auto loans better than credit cards or things like furniture.  The better terms offer less risk to the lender because there are assets that can be repossessed.  Homes retain values better than autos, autos better than furniture, and credit cards are not secured at all. People are not as helpless as your question suggests.  Sure a person might lose their high paying job, but could they still make a mortgage payment if they worked really hard at it?  This might mean taking several part time jobs.  Now if a person buys a home that has a very large mortgage payment this might not be possible.  However, wise people don't buy every bit of house they can afford.   People should also be wise about the kinds of mortgages they use to buy a home.  Many people lost their homes due to missing a payment on their interest only loan.  Penalty rates and fees jacked up their payment, that was way beyond their means.  If they had a fixed rate loan the chance to catch up would have not been impossible. Perhaps an injury might prevent a person from working.  This is why long term disability insurance is a must for most people.  You can buy quite a bit of coverage for not very much money. Typical US households have quite a bit of debt.  Car payments, phone payments, and either a mortgage or rent, and of course credit cards.  If income is drastically reduced making all of those payments becomes next to impossible.  Which one gets paid first.  Just this last week, I attempted to help a client in just this situation.  They foolishly chose to pay the credit card first, and were going to pay the house payment last (if there was anything left over).  There wasn't, and they are risking eviction (renters).     People finding themselves in crisis, generally do a poor job of paying the most important things first.  Basic food first, housing and utilities second, etc...  Let the credit card slip if need be no matter how often one is threatened by creditors.  They do this to maintain their credit score, how foolish. I feel like you have a sense of bondage associated with debt.  It is there and real despite many people noticing it.  There is also the fact that compounding interest is working against you and with your labor you are enriching the bank.  This is a great reason to have the goal of living a debt free life.  I can tell you it is quite liberating."}
{"_id": "246896", "title": "", "text": "There is no central government signature database.  (at least not in the US, and at least not yet) For debit and credit card transactions, the merchant may check the signature on your reciept against the signature on back of the card.  This is intended to verify that you didn't steal the card. So, if you want to change the signature on the back of the card, all you need to do is get a new card and re-sign it.  Your card has an expiration date.  When that happens, you will get a new card to re-sign.  If your card expires soon, you can just wait. If you are impatient, you can call your bank and ask for a new card.  If they give you a lot of grief about issuing a new card (it is an unusual request), you can tell them you lost your card and need a new one.  In that case they will typically disable the old card and issue a new one with a new account number. Note that if you want to change how you sign your name, there are some other places you should also update: Also, keep in mind that people's signatures naturally drift over time.  This fact is generally understood and accepted by people who check signatures."}
{"_id": "246907", "title": "", "text": "\"Definitely get a brand partner going. You have a logo, great. Make sure it, style, fonts, colors, etc. are similar in different marketing mediums (so people know that truck is the same company as this commercial or that website).   Based on location/rules in you're area, find a great slogan for your truck that people well remember. \"\"you have enough crap to deal with. Let us take care of yours.\"\"\""}
{"_id": "246920", "title": "", "text": "It gives an outside prospective on it so you're not getting all your information from one spot.  When MeetBeam eventually releases I imagine that page will be updated with more information on fees, requirements for the 4% APY, etc."}
{"_id": "246929", "title": "", "text": "Yet more proof that the free market does not always reward the best ideas.  Forgetting the drive train for a second, the body design and profile alone make it an ideal configuration for personal transportation in warmer, non-snowy climates.  More cars should be shaped liked this.  It's just physics."}
{"_id": "246940", "title": "", "text": "Folks, they aren't making the ESM just for shits and giggles.  Of course it will be used.  The real question is how far this goes.  If growth doesn't come back then not only Italy will need a bailout but so will France.  And not even the ESM is big enough for France.  But Spain and Italy are already pretty much baked into their planning.  All of this stuff is already laid out but you can still bet the breathless media will report every single step like no one ever before contemplated it."}
{"_id": "246963", "title": "", "text": "Best holiday packages in Qatar are available for you with gomosafer, the online travel division of Mosafer. Qatar is a popular mid-east destination and has become quite popular holidaying destination from the past two decades. It has historic forts, impressive seascapes, luxury hotels, and sandunes and so on."}
{"_id": "246974", "title": "", "text": "\"Except it's not going to be \"\"Whole Foods\"\" as you know it. In the article it says how Amazon is planning to get rid of all the expensive whole food inventory and replace it with cheap foods with mass appeal. Their goal to to compete with Walmart.   I don't really believe Amazon bought Whole Foods for their products, but instead bought a struggling national grocery chain with tons premium real estate in high income neighborhoods.\""}
{"_id": "246986", "title": "", "text": "My recollection is that most traditional reader systems charge like 5%.  For squareup there were two different pricing schemes  1. 2.75% per swipe. 2. 0% per swipe but a $275 permonth charge.  When I did the math the flat fee only made sense if you're doing over $2500ish per month in business.    These fees seem pretty minimal to me."}
{"_id": "246989", "title": "", "text": "\"As others have stated, credit (signature required) is processed through their respective networks (Visa, MasterCard, Discover, or American Express). A \"\"debit\"\" card tied to your checking account, still go through the same credit network even though the funds are guaranteed from your checking rather than a free loan 30-60 days which has the potential to be unpaid. This type of debit card purchase may be eligible for a lower processing rate for less risk. Debit cards can also be processed through the debit network (PIN required, no signature). This is typically a straight fee such as $0.35.  Fees vary, but let me give you a simple comparison: Say you are at the supermarket and buy $50 worth of groceries with a debit card with Visa logo. You are asked \"\"credit\"\" or \"\"debit\"\": At my supermarket, this is why I am given the option to enter my PIN first. If I want to pay by credit, I have to tap Cancel to process via credit signature.\""}
{"_id": "246991", "title": "", "text": "Minimum wage in California is $10.50/hour.   Farm work is seasonal, hot, dirty, physical work.   So, for many working at McDonald's for about 2/3 the money is preferable.   Clearly $15/hour isn't enough to get a significant number of non-immigrant people interested in the work."}
{"_id": "246996", "title": "", "text": "\"There was a time when everyone felt their goal was to beat the respective index they followed. But of course, in aggregate, that's a mathematical impossibility. The result was that the average say large cap fund, whose benchmark index would be the S&P, would lag on average by 1-2%.  A trend toward ETFs that would match the market had begun, and the current ETFs that follow the S&P are sub .1% expense.  For the fact that studies (Google \"\"Dalbar\"\" for examples) show the typical investor lags not by 1% or 2%, but by far more for reasons of bad timing, my own statement that \"\"I've gotten a return these past years of .06% less than the S&P\"\" would have been seen many years ago as failure, now it's bragging. It handily beats the typical investor and yet, can be had by anyone wishing to stay the course, keep the ETF very long term.\""}
{"_id": "247002", "title": "", "text": "This. Nobody is going to trust the new guy to do the critical stuff. The critical stuff is the interesting part.   Show some initiative and asked to have work dumped on you. You'll then get to the cool stuff.   Secondly, maybe your interest is not back office. Try networking around and meet people. See what the other internship are doing and meet there managers. That is the whole point of the internship."}
{"_id": "247005", "title": "", "text": "I would say that the answer is yes.  Investors may move on purchasing a stock as a result of news that a stock is set to pay out their dividend.   It would be interesting to analyze the trend based on a company's dividend payouts over 10 or so years to see what/how this impacts the market value of a given company."}
{"_id": "247008", "title": "", "text": "\"The comment I was originally replying to said successful entrepreneurs are only successful because of luck. My comment said they also put in hard work, but that luck was also a factor. I never said anything about anyone not working hard.  If you said \"\"people from memphis like peanut butter\"\" and I said \"\"people from memphis also like jelly\"\", it would be ridiculous for a third party to jump in and say \"\"people in nashville also like jelly, and you are a dick for not saying other people like jelly!\"\".  Right now, you are being that third party. You've assumed I was being exclusive, when there is absolutely no mention of exclusivity in my comment.  Please interpret this post to say what it says, not what it does not say.\""}
{"_id": "247009", "title": "", "text": "The folks with anything to lose will never be of interest to the businesses who use this technology anyway.  The problem is that it's not just businesses who'll want this kind of data.  As dissent is criminalized and surveillance normalized, it'll be easy to find out who's meeting who where, removing at least some of the untraceability of face-to-face communication.  Not to mention well-heeled stalkers and psycho exes."}
{"_id": "247021", "title": "", "text": "How is it possible that a publicly traded investment company's net asset value per share is higher than their share price? Wouldn't you (in theory) be able to buy the company and liquidate it to make a profit of (NAV/share - price/share)*number of shares, ignoring transaction costs and such?   I realize that since part of their portfolio is in private equity, NAV is hard to calculate and hard to liquidate as well, but it doesn't really seem to make sense to me. Would love some input.   The company I'm talking about in this instance is 180 Degree Capital Corp, but this isn't the first time I've seen this."}
{"_id": "247051", "title": "", "text": "At your age, I don't think its a bad idea to invest entirely in stocks. The concern with stocks is their volatility, and at 40+ years from retirement, volatility does not concern you. Just remember that if you ever want to call upon your 401(k) for anything other than retirement, such as a down payment on a home (which is a qualified distribution that is not subject to early distribution penalties), then you should reconsider your retirement allocations. I would not invest 100% into stocks if I knew I were going to buy a house in five years and needed that money for a down payment. If your truly saving strictly for a retirement that could occur forty years in the future, first good for you, and second, put it all in an index fund. An S&P index has a ridiculously low expense ratio, and with so many years away from retirement, it gives you an immense amount of flexibility to choose what to do with those funds as your retirement date approaches closer every year."}
{"_id": "247064", "title": "", "text": "I'll just say this. You are in much better shape financially than I was when I moved out on my own and started supporting myself, and I did fine.  The 6 month emergency fund is nice, but I'd gamble that most people that have been out on their own for a long time can't match that. The main thing is just to keep a budget that is commensurate with your income and adjust it if you see that emergency fund start to dwindle. Look at it this way, assuming you are wrong and you completely weren't ready for independent living, you could always go back. Nothing ventured nothing gained."}
{"_id": "247066", "title": "", "text": "We're easily amused I guess, but my wife and I collect our change in a big jar and seperate it once a year on the kitchen table, usually on a snow-day in January or February.  We separate out coins from certain years to collect, then we roll it up, and it goes into the vacation fund."}
{"_id": "247074", "title": "", "text": "\"If I remember the information in \"\"The Wealthy Barber\"\" correctly, he said: And as someone once said to me, \"\"make sure you're worth more alive than dead!\"\"  :-)\""}
{"_id": "247083", "title": "", "text": "There are two scenarios that I see. You have a mortgage on the property. Generally the insurance company sends the funds to the lender, who then releases the funds to you  as you make the repairs. They do it this way because if you never make the repairs the value of the collateral is decreased, and the lender wants to protect their investment. There is no mortgage. You will get the funds directly, and the insurance company will not force you to make the repairs especially if the repairs are cosmetic in nature.  In either case if you don't fix the cause of the leak, and make repairs to the site around the leak, you will run into a problem in the future if the leak continues, or the rot and mold continues to spread.  If you file a future claim they are likely to ask for proof of the original repair. If you didn't make it, they are likely to deny the second claim. They will say the cause is the original incident and if you had made the repair, the second incident wouldn't have happened. They are likely to drop you at that point. If you try to sell the house you will have to disclose the original leak, and the potential buyers will want you to make the repairs. Any mold or rot spotted by the home inspector will be a big issue for them. It is also likely to be an item that they will be advised to demand that you get a legitimate company to make the repair before the deal can move forward, and won't negotiate a lower price or a credit for $x so they can get the repair done. Some will just cancel the deal based on the inspection report."}
{"_id": "247085", "title": "", "text": "\"People who rent an apartment will typically pay by check. Probably 90% of the checks I have written are for rent. To some extent this falls under the previously mentioned \"\"payments to another person\"\" rule.\""}
{"_id": "247101", "title": "", "text": "The main thing you're missing is that while you bear all the costs of manipulating the market, you have no special ability to capture the profits yourself. You make money by buying low and selling high. But if you want to push the price up, you have to keep buying even though the price is getting high. So you are buying high. This gives everyone, including you, the opportunity to sell high and make money. But you will have no special ability to capture that -- others will see the price going up and will start selling within a tiny fraction of a second. You will have to keep buying all the shares they keep selling at the artificially inflated price. So as you keep trying to buy more and more to push the price up enough to make money, everyone else is selling their shares to you. You have to buy more and more shares at an inflated price as everyone else is selling while you are still buying. When you switch to selling, the price will drop instantly, since there's nobody to buy from you at the inflated price. The opportunity you created has already been taken -- by the very people you were trading with. Billions have been lost by people who thought this strategy would work."}
{"_id": "247102", "title": "", "text": "\"No, not really. Frankly, I hate buying tools from those places. They're adequate, but nothing that I expect to last that long, much less pass down to my kids. Their power tools bear the names of great makers, but are often shittier versions designed to sell in big box stores.   I've burned through so many shitty tools from places like that, but still have 30 year old power tools from Craftsman.   Home Depot or Lowes are the \"\"ug, fine\"\" of hardware stores.\""}
{"_id": "247107", "title": "", "text": "The best company will be highly reliable. It will be very flexible in solving your problems. Whenever your company has any malfunction, you will need urgent repairs or maintenance. Consider the time taken by the company to attend to your needs. A firm suitable for industrial maintenance NJ entrepreneurs needs will respond faster."}
{"_id": "247124", "title": "", "text": "\"In Michigan, Allen Park went for the dream.   A movie studio!  In 2009 [City officials authorized the sale of $31 million in general obligation bonds...  including the building at 16630 Southfield Road and an empty building off Enterprise Drive \u2014 for $24.8 million. It\u2019s the site of a much-anticipated movie studio complex.](http://www.thenewsherald.com/articles/2009/08/10/news/doc4a7dc8f05fb32855668898.txt)  Oh joy!  [\"\"The Allen Park Center Studios will be an epicenter for movie production and a full stop shop for entertainment, education and recreation.\"\"](http://michiganmoviemagazine.biz/news/146-the-bright-future-of-allen-park-center-studios.html)   By October of 2009, there were rumors and denials [\"\"A $146 million film and television production studio in Allen Park remains on track despite a series of roadblocks and persistent rumors that the project will never materialize.\"\"](http://www.mlive.com/jobs/index.ssf/2009/10/exec_insists_allen_park_michigan_film_pr.html)  Things were looking so good, in January 2010 [Allen Park was streamlining the process of getting film permits](http://www.cityofallenpark.org/news-film-industry.php)  But by May, [the studio wasn't making the lease payments. ](http://www.mlive.com/entertainment/detroit/index.ssf/2010/05/unity_studios_fails_to_make_re.html)  Come September, [the studio moved to Detroit](http://www.mlive.com/news/detroit/index.ssf/2010/09/suburban_movie_studio_relocati.html)  By February 2011, [Allen Park sent payoff notices to its entire fire department](http://www.mlive.com/news/detroit/index.ssf/2011/02/if_the_city_of_allen_park_cant.html)  Come May, [the Mayor resigned](http://www.mlive.com/news/detroit/index.ssf/2011/05/allen_park_mayor_resigns_citin.html)  By May of this year, [Allen Park voters had twice rejected taxes to pay for the studio bonds.  The city is facing state-appointed emergency manager](http://www.detroitnews.com/article/20120511/OPINION01/205110323)  I think the ending of this story is not going to be the typical end-of-the-movie scene where suddenly everything is okay.\""}
{"_id": "247132", "title": "", "text": "So don't retire. But plan like you will retire. I am sure that some billionaire put some money away into a pension, 401K, or IRA for their retirement when they were young. It turns out they never had to worry about outliving their money. The next few paragraphs use United States examples. What happens if you have to retire, but you never saved. All the matching funds you could have collected in a 401K are gone, they disappeared with every paycheck you didn't contribute. Every year you didn't contribute to an IRA can never be replayed. You gave up the magic of compounding, because you thought you would never want to retire. If you save but don't need it, you will have more money to play with as you cut back your hours to part time.  If you skip all the plans that make it hard to spend the money until you are 59 1/2, you can still save, but it takes even more discipline to not spend it before you are old."}
{"_id": "247150", "title": "", "text": "\"National City Bank did great on subprime.  They bought First Franklin for around $100m, took millions out in profit for about a decade, and sold first franklin for $1b to Merrill Lynch.  What killed NCB was home equity lines or credit, 2nd liens, which were given to high scoring conforming borrowers.  But when the panic set in the media told people \"\"dont pay your mortgages, the government will bail you out\"\" and people stopped paying on their 2nds.  Values dropped and in order to foreclose on a 2nd you have to buy out the 1st lien too... not possible.  That killed the NCB balance sheet and the sharks in DC all but forced NCB to capitulate to PNC and be acquired for cheap.\""}
{"_id": "247168", "title": "", "text": "No, he said put your money where your mouth is. As usual you misread it, invoke conspiracies, and call people names.  And you are really the last person on here to be talking about statistical illiteracy or  innumeracy when you recently claimed India has a higher population than China and tried to defend it, or when you claim modern agriculture gives at least 100x more yield than the Nile Delta."}
{"_id": "247177", "title": "", "text": "I retired when I was 48 without financial worries and with enough money to travel and eat out whenever I want. The thought that I was making my salary and paying the taxes I did while other struggling to get by had to pay taxes at all was ridiculous to me. Especially when I had earned enough to stop paying into social security. That seemed doubly ridiculous. I'm happy for those who work longer because they want to, but for those who simply don't earn enough, this is so sad."}
{"_id": "247182", "title": "", "text": "Why do large banks and firms use depository banks/firms to hold securities and deliver them for collateral purposes with say, a clearing house? Is collateral management just so complex now that large financial institutions can't manage it on their own?"}
{"_id": "247186", "title": "", "text": "You are assuming Romney would actually allow for Free Markets, that's a laugh!   You are also assuming Romney would do absolutely nothing. You see, if Romney won and the House stayed republican, we'd see tons of legislation; crony, corrupted, bullshit, but legislation nonetheless.   Romney is no bigger of a crony capitalism than Obama, considering Obama has not jailed a single big bank executive for their role in the 2008 meltdown, all this talk about how they differ is bullshit.  &gt;In the meanwhile we start building support for a strong candidate in 2016, someone who actually represents us instead of the 1%  That's a laugh."}
{"_id": "247199", "title": "", "text": "\"As Dheer has already told you in his answer, your plan is perfectly legal, and there are no US tax issues other than making sure that you report all the interest that you earn in all your NRE accounts (not just this one) as well as all your NRO accounts, stock and mutual fund dividends and capital gains, rental income, etc to the IRS and pay appropriate taxes. (You do get a credit from the IRS for taxes paid to India on NRO account income etc)  You also may also need to report the existence of accounts if the balance exceeds $10K at any time etc. But, in addition to the foreign exchange conversion risk that Dheer has pointed out to you, have you given any thought to what is going to happen with that credit card? That 0% interest balance of $5K does not mean an interest-free loan 0f $5K for a year (with $150 service charge on that transaction). Instead, consider the following. If you use the card for any purchases, then after the first month, your purchases will be charged interest from the day that you make them till the day they are paid off: there is no 25-day grace period. The only way to avoid this is to pay off the full balance ($5K 0% interest loan PLUS $150 service charge as well as any other service charges, annual fees etc PLUS all purchases PLUS any interest) shown on the first monthly statement that you receive after taking that loan. If you choose this option, then, in effect, have taken a $5K loan for only about 55 days and have paid 3%  interest (sorry, I meant to write) service fee for the privilege. If you don't use the card for any purchases at all, then the first monthly statement will show a statement balance of $5130 and (most likely) a minimum required payment of $200. By law, the minimum required payment is all interest charged for that month($0) PLUS all service fees charged during that month ($150) PLUS 1% of the rest ($50). Well, actually the law says something like \"\"a sufficient fraction of the balance to ensure that a person making the required minimum payment each month can pay off the debt in a reasonable time\"\" and most credit card companies choose 1% as the sufficient fraction and 108 months as a reasonable time.  OK, so you pay the $200 and feel that you have paid off the service fee and $50 of that 0% interest loan. Not so!  If you make the required minimum payment, the law allows that amount to be be applied to any part of the balance owing. It is only the excess over the minimum payment that the law says must be applied to the balance being charged the highest rate. So, you have paid off $200 of that $5K loan and still owe the service fee. The following month's statement will include interest on that unpaid $150. In short, to leave only the 0% balance owing, you have to pay $350 that first month so that next month's statement balance will be $4800 at 0%. The next month's required minimum payment will be $48, and so on. In short, you really need to keep on top of things and understand how credit-card payments really work in order to pull off your scheme successfully. Note also that the remaining part of that 0% interest balance must be paid off by the end of the period or else a humongous rate of interest will be applied retroactively from Day One, more than enough to blow away all that FD interest. So make sure that you have the cash handy to pay it off in timely fashion when it comes due.\""}
{"_id": "247206", "title": "", "text": "They have data on their own CURRENT inventory- but if they had in theatre data set? They could do a number checks and references that'd be WELL worth the investment.   For example: They couldCross compare audience viewing for statistically meaningful overlap for particular genres and movie types.  I.e. We see that big grosses for horror movies don't actually align with our viewer's habits, so despite the studio playing up that metric as a success factor, we instead won't pursue adding more horror films to our library.   That's just off the top of my head, but I beleive a valid counter to your argument you should consider."}
{"_id": "247208", "title": "", "text": "The units are designed in all shapes and sizes and the most essential aspect is the space that the residents are able to enjoy. Different family sizes can find a suitable unit with great ease. Grants are also given to assist citizens' access to the property. If anyone is in doubt, financial calculations can be done so as to help you know whether you are actually eligible to purchase a Northwave EC Available Units. Look at this web-site http://northwave.co/ for more information on Northwave EC Available Units."}
{"_id": "247235", "title": "", "text": "No, the whole thing doesn't fall apart.  The shock you describe is just the reallocation of resources to increase productivity to meet the supply and demand of the market.  &gt; Drawing all of that together though if you take it out to its logical conclusion when we hit full automation and even fast food is run by machines... what are people going to do for employment?  There will never be full automation ever unless you're talking about Sci-Fi stuff.  There is absolutely no worry of a society that is completely controlled by robots that do everything for humans that will do absolutely no work whatsoever."}
{"_id": "247258", "title": "", "text": "You're interpreting things correctly, at least at a high level. Those numbers come from the 10Q filing and investor summary from Microsoft, but are provided to NASDAQ by Zacks Investment Research, as noted on the main page you linked to.  That's a big investment data firm.   I'm not sure why they reported non-GAAP Microsoft numbers and not, say, AAPL numbers; it's possible they felt the non-GAAP numbers reflect things better (or have in the past) for some material reason, or it's possible they made a typo, though the last three quarters at least all used non-GAAP numbers for MSFT.  MSFT indicates that the difference in GAAP and non-GAAP revenue is primarily deferred revenue (from Windows and Halo). I did confirm that the SEC filing for MSFT does include the GAAP number, not the non-GAAP number (as you'd expect). I will also note that it looks like the 10Q is not the only source of information.  Look at ORCL for example: they had in the March 2016 report (period ending 2/29/16) revenues of .50/share GAAP / .64/share non-GAAP.  But the NASDAQ page indicates .59/share for that quarter. My suspicion is that the investment data firm (Zack's) does additional work and includes certain numbers they feel belong in the revenue stream but are not in the GAAP numbers.  Perhaps MS (and Oracle) have more of those - such as deferred software revenues (AAPL has relatively little of that, as most of their profit is hardware)."}
{"_id": "247271", "title": "", "text": "This is going to become a far bigger issue that people believe.  Right now the soft money research is designed to prey the customer's biases.  In an age of social media and 24/7 pocket telemetry, every thought tweeted for public inspection, Wall Street will be able to target customer biases with the sub-meter precision of a nuclear ICBM... and this will eventually devolve into straight up pump and dump, usually confined to the less sophisticated OTCMKTS."}
{"_id": "247278", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://aeon.co/ideas/why-the-trial-by-ordeal-was-actually-an-effective-test-of-guilt) reduced by 92%. (I'm a bot) ***** &gt; Among the most popular was the ordeal of boiling water and the ordeal of burning iron.  &gt; Did you catch the trick? Because of your belief in iudicium Dei, the spectre of the ordeal leads you to choose one way if you&amp;#039;re guilty - confess - and another way if you&amp;#039;re innocent - undergo the ordeal - revealing the truth about your guilt or innocence to the court through the choice you make.  &gt; Ordeal observers were placed at a respectable distance from the ordeal &amp;#039;stage&amp;#039;, enabling the priest to carry out his manipulations undetected.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77jwwo/why_the_trial_by_ordeal_was_actually_an_effective/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231718 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **ordeal**^#1 **defendant**^#2 **God**^#3 **water**^#4 **innocent**^#5\""}
{"_id": "247306", "title": "", "text": "If it is a credit card bill, the money goes towards your balance because on all of my cards, the interest for the month will show up as a line item that increases the balance.  So all your payment goes towards the balance. This is good because your interest is probably calculated daily, and any amount you can lower your balance will therefore lower the interest you have to pay. Additionally, in the US the CARD act means that you payment must be applied to items with the highest interest rates first. http://www.helpwithmybank.gov/faqs/credit_late_payment.html#drop11 http://www.creditcards.com/credit-card-news/law-bans-credit-card-payment-allocation-trickery-1282.php"}
{"_id": "247309", "title": "", "text": "\"No! Have you?  But I am trying to raise money for a disruptive autonomous room robot, a fraction of the juice fad, and fast time-to-market. Grueling task. Guess cos there are no \"\"cool buzzwords\"\" and gimmicks. Real market need is not enough apparently.\""}
{"_id": "247313", "title": "", "text": "\"There are two primary reasons shares are sold short:  (1) to speculate that a stock's price will decline and (2) to hedge some other related financial exposure. The first is acknowledged by the question.  The second reason may be done for taxes (shorting \"\"against the box\"\" was once permitted for tax purposes), for arbitrage positions such as merger arbitrage and situations when an outright sale of stock is not permitted, such as owning restricted stock such as employer-granted shares. Why would a shareholder lend the investor the shares? The investor loaning his stock out to short-sellers earns interest on those shares that the borrower pays.  It is not unusual for the annualized cost of borrowing stock to be double digits when there is high demand for heavily shorted shares.  This benefit is however not available to all investors.\""}
{"_id": "247330", "title": "", "text": "Assuming you are allowed to trade freely, you can use free labor to pull money into your economy from outside your borders.  This net influx of money will increase your overall wealth.   I has the double effect of allowing you to undercut any competitor and having none of your people spending their earnings outside your borders.  Because of this, it would be a mistake for anyone to enter into trade with you."}
{"_id": "247334", "title": "", "text": "If you keep redefining poverty to mean literally what it does not mean, as you have done here, it makes conversation impossible.  How useless would it be to discussion if I countered that with \u201cthanks to technology, the middle class now extends to even lower levels of income, thus poverty is reduced\u201d?   It means nothing and it\u2019s silly."}
{"_id": "247341", "title": "", "text": "Who would be committing this fraud?  Satoshi Nakamoto?  Good luck finding him.    You can't punish people for speculatively investing just like they couldn't punish many people for the Great Depression since it was mostly the people who fucked themselves over.    Fraud implies an element of deceit.  This cannot reasonably be called a fraud--at best, it could be called a bubble."}
{"_id": "247343", "title": "", "text": "\"It has been reported in consumer media (for example Clark Howard's radio program) that the \"\"no interest for 12 months\"\" contracts could trick you with the terms and the dates on the contract. Just as an example: You borrow $1000 on 12/1/2013, same as cash for 12 months.  The contract will state the due date very clearly as 12/1/2014.  BUT they statements you get will take payment on the 15th of each month. So you will dutifully pay your statements as they come in, but when you pay the final statement on 12/15/2014, you are actually 14 days late, have violated the terms, and you now owe all the interest that accumulated (and it wasn't a favorable rate). That doesn't happen all the time.  Not all contracts are written that way.  But you better read your agreement. Some companies use the same as cash deal because they want to move product. Some do it because they want to trick you with financing.  Bottom line is, you better read the contract.\""}
{"_id": "247357", "title": "", "text": "\"Doomed is the word I wouldn't say about this.  Hollywood has been producing shitty movies (which is why nobody goes to movie theaters anymore) and it's harder to find movies to go to that are worth it.  Sure... There are an increasing amount of movies like \"\"Get Out\"\" and \"\"Moonlight\"\" and even \"\"Logan\"\" that are smart, insightful and fun to watch but with those movies comes movies like another Marvel Cinematic Universe film or a comedy film featuring Seth Rogen or some action movie like \"\"Independence Day: Resurgence\"\".  Hollywood used to rely on people going to movies without knowing if it was good or not to earn back their money. Now that we have Rotten Tomatoes which gauges critic and user reaction and easy access to rent movies that used to be in theaters; Hollywood should have incentive to make better movies but they still make 80% shit, especially considering that streaming movies does not make a movie studio a lot of money then when it's in theaters.  Movie theater operators are shaking in their boots because of the threat that the digital age poses... \"\"Why go to a theater and waste money on crap when you can wait for it at home?\"\"  MoviePass is quite possibly the movie theater chain's only hope at remaining relevant. I still feel like I'm able to watch a movie in a comfy environment with unique experiences in a theater and I feel like the theater is the only place where the audience is engaged and interacting with each other. It would be a shame to lose that in exchange for movie watching where it's all done solo. It's okay but it's not as fun as a theater experience.  MoviePass offers the best concessions for the best deals. I don't mind having to pay near the theater and I don't mind that my data is being given to analytic companies; Hollywood needs to know that I and others like so and so and that data I'm hoping can be used to make better movies. The thing that'll hinder MoviePass' chances of success is some holdouts.  AMC isn't holding out because they think it'll do harm to their business; far from it... Their ticket prices are $12 for a regular film, similar to all the other chains and they make alot of money from overpriced concessions anyway. (with the exception of the fancy food they're adding in their theaters)  AMC's intention is to create a more expensive subscription service for the sole reason of hoarding most of the profit; MoviePass is good in that the data can be used to improve movies, AMC is bad in that it's going to be no different than MoviePass with the exception of some perks relating to food and seating. If they could do something and add IMAX and 3D as upgrades to the subscription service then it won't be as bad as it seems (maybe even convince MoviePass to do the same) but AMC's move is solely profit based and not in any way a reaction to possible harm.  I found out my theater is supported by MoviePass so I'll gladly pay the $10 to see what the hype is all about. In a world where fragmented streaming services don't allow me to get the movies easily after they're in theaters and Hollywood movies are getting worse; this might be the answer Hollywood needs.\""}
{"_id": "247359", "title": "", "text": "It tells you more about some of the convoluted rules put in place by FDA and ither regulatory agencies. It's next to impossible to introduce a true generic competitor. Really not a issue with the insurer as they must cover stuff only approved via the Fed agencies."}
{"_id": "247360", "title": "", "text": "Start by going onto google.com/finance and click through every publicly traded Fortune 500 company. Click on all their charts and look through their graphs for any patters. There will almost always be a pattern even if it is vague and fairly unpredictable. Then look for any jumps or drops in price. Look for the reason of the jump or drop. It could range commonly from news, lay off announcements, acquisitions, etc or just moving along with the market direction for the day. Looking at each stock is key because every stock has its own pattern. Trying to understand the market at a whole is quite impossible, but when you narrow it down to just one stock, it is much more doable. For practice, try updown.com(spent most of my time on it during high school) and create 10-100 accounts and use various techniques for each portfolio.   Just from that, you will have much more practice than the majority of traders. It is all very time consuming, but if you truly try on it, you will do better. I have to go(large market drop today, good time to buy).  I'll answer more questions later!"}
{"_id": "247371", "title": "", "text": "\"I'm sorry to hear you've made a mistake. Having read the contract of sale we signed, I do not see any remedy to your current situation.  However, I'm interested in making sure I do not take advantage of you.  As such, I'll return the vehicle, you can return my money plus the bank fees I paid for the cashiers check, tax, title, and registration, and I will look at buying a vehicle from another dealership.   This seems to be the most fair resolution.  If I were to pay for your mistake at a price I did not agree to, it would not be fair to me.  If you were to allow this vehicle to go to me at the price we agreed to, it wouldn't be fair to you.  If I were to return the car and begin negotiations again, or find a different car in your lot, it would be difficult for us to know that you were not going to make a similar mistake again. At this point I consider the sale final, but if you'd prefer to have the vehicle back as-is, returning to us the money we gave you as well as the additional costs incurred by the sale, then we will do so in order to set things right. Chances are good you will see them back down.  Perhaps they will just cut the additional payment in half, and say, \"\"Well, it's our mistake, so we will eat half the cost,\"\" or similar, but this is merely another way to get you to pay more money.   Stand firm.  \"\"I appreciate the thought, but I cannot accept that offer. When will you have payment ready so we can return the car?\"\" If you are firm that the only two solutions is to keep the car, or return it for a full refund plus associated costs, I'd guess they'd rather you keep the car - trust me, they still made a profit - but if they decide to have it returned, do so and make sure they pay you in full plus other costs.  Bring all your receipts, etc and don't hand over the keys until you have the check in hand. Then go, gladly, to another dealership that doesn't abuse its customers so badly. If you do end up keeping the car, don't plan on going back to that dealership.  Use another dealership for warranty work, and find a good mechanic for non-warranty work. Note that this solution isn't legally required in most jurisdictions. Read your contract and all documentation they provided at the time of sale to be sure, but it's unlikely that you are legally required to make another payment for a vehicle after the sale is finalized.  Even if they haven't cashed the check, the sale has already been finalized. What this solution does, though, is put you back in the driver's seat in negotiating.  Right now they are treating it as though you owe them something, and thus you might feel an obligation toward them.  Re-asserting your relationship with them as a customer rather than a debtor is very important regardless of how you proceed. You aren't legally culpable, and so making sure they understand you aren't will ultimately help you. Further, dealerships operate on negotiation. The primary power the customer has in the dealership is the power to walk away from a deal. They've set the situation up as though you no longer have the power to walk away.  They didn't threaten with re-possession because they can't - the sale is final. They presented as a one-path situation - you pay.  Period. You do have many options, though, and they are very familiar with the \"\"walk away\"\" option.  Present that as your chosen option - either they stick with the original deal, or you walk away - and they will have to look at getting another car off the lot (which is often more important than making a profit for a dealership) or selling a slightly used car. If they've correctly pushed the title transfer through (or you, if that's your task in your state) then your brief ownership will show up on carfax and similar reports, and instantly reduces the car's worth.  Having the title transfer immediately back to the dealership doesn't look good to future buyers. So the dealership doesn't want the car back.  They are just trying to extract more money, and probably illegally, depending on the laws in your jurisdiction. Reassert your position as customer, and decide now that you'll be fine if you have to return it and walk away. Then when you communicate that to them, chances are good they'll simply cave and let the sale stand as-is.\""}
{"_id": "247376", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://phys.org/news/2017-06-fractal-patterns-yeild-optimal-harvests.html) reduced by 85%. (I'm a bot) ***** &gt; The resulting fractal patterns are rare for man-made systems and lead to optimal harvests without global planning.  &gt; As a result of this constraint, fractal planting patterns emerge, which yield close to maximal harvests.  &gt; &amp;quot;The remarkable finding is that this optimal situation arises without central planners or coordination. Farmers interact locally and take local individual free decisions, which they believe will optimize their own harvest. And yet the global system works optimally,&amp;quot; says Lansing.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gikun/fractal_planting_patterns_yield_optimal_harvests/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~141298 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **farmers**^#1 **plant**^#2 **system**^#3 **patterns**^#4 **rice**^#5\""}
{"_id": "247381", "title": "", "text": "&gt;Monthly fee &gt; one time charge.  That worked if they owned the content but Tivo wanted the monthly fee to access content someone else provided. The small convenience is largely overridden by the unnecessary overhead. Once a show is chosen, the utility of the DVR ends for most people.  This would be the equivalent of Google charging a monthly fee for its search engine. People would immediately exit in droves to Bing and Yahoo, however inferior the experience."}
{"_id": "247384", "title": "", "text": "This *actually* shows the power ***of being a first-mover in a niche market***.  This has nothing to do with how the firm was run.  When you are the first one in, you have, in effect, a monopoly (as there's now a humongous barrier-to-entry for everyone else)...  They could run the firm into the ground, and they'll still be around in 10 generations..."}
{"_id": "247387", "title": "", "text": "To be honest I do agree with you that Disney has by far the most.  Some other franchises that come to mind for me are James Bond, Transformers, DC. Do X-Men and Lord of the Rings count?  I know DC and Transformers are shit films, but they still draw huge audiences and make a lot of money."}
{"_id": "247390", "title": "", "text": "And where is the money going from these collections? I hope this doesn't become some money collecting scheme that doesn't do much to help the environment.  If it's being collected by any government organization, most likely the money will first pay the salary of some goddamn bureuocrat.    Would be best if the money went to some scientific organization or to scientists or researchers...wishful thinking probably"}
{"_id": "247394", "title": "", "text": "It seems to me that oil will never again reach or exceed $100 a barrel.  The rate at which we are abandoning fossil fuels means we will never ever run out of the stuff. Demand will continue to decrease, and electric cars will be the first cars that are owned by the people in emerging markets in the next decade.  And in a decade from now, 90% of all new cars will be purely electric.  Beyond that, Fusion research on multiple fronts (but not ITER -  that will never ever produce a plan for a viable power station) points to total destruction of coal and gas as a fuel for power stations. And when they come online, you don't even need to build new power stations! All you do is build banks of reactors in the car park, hook up the steam pipes to the new reactors, and then bulldoze the old furnaces. Job done."}
{"_id": "247399", "title": "", "text": "\"**Alt du beh\u00f8ver at vide om at k\u00f8be en bolig i Europa**  Tre \u00e5r siden, mens du bes\u00f8ger venner i den vinproducerende Languedoc-Roussillon-regionen i Sydfrankrig, Timothy McDonald besluttede han \u00f8nskede, hvad de havde: en chance for at opleve lille-bysliv i hvad beskrives somme tider som en uspoleret og mere \u00f8konomisk overkommelig udgave af Provence. Et \u00e5r senere McDonald og hans kone, Kathleen Brooker, tog en pant p\u00e5 deres indbetalte Seattle hjem og plunked ned $200.000 i kontanter for en 1400-tals tidligere shop hus i de fjerntliggende landbrugs landsby af Azille (indb. 1.100), 90 minutter fra Toulouses lufthavn. Par, begge i deres tidlige 60 ' erne, planl\u00e6gger at tilbringe flere m\u00e5neder om \u00e5ret, n\u00e5r hun g\u00e5r p\u00e5 Pension en dag fra sit job som administrerende direkt\u00f8r for historiske Seattle. (McDonald, en semiretired arkitektonisk preservationist, allerede bruger en m\u00e5ned ad gangen der.)  Mens nogle aldrende boomers kan s\u00e6tte en pr\u00e6mie p\u00e5 bekvemmelighed eller et sted, der kan rumme fremtidige fysiske begr\u00e6nsninger, inkluderet McDonald og Brooker k\u00f8bt i en by uden selv en togstation og fra en entrepren\u00f8r hvis tanken om smagfuld renoveringer fjernelse gel\u00e6nder p\u00e5 den smalle trappe af den tre-etagers sten struktur. Og hvorfor ikke? De er fit bikers, l\u00f8bere og historie buffs, der bekymrer sig mere om byens n\u00e6rhed til katharernes romansk websteder og nyder deres franske, britiske og schweiziske naboer. \"\"Vi \u00f8nskede at have en st\u00f8rre liv, snarere end at have en st\u00f8rre hjem i USA, og ironisk nok vi fandt det i en lille [fransk by](http://www.forbes.com/sites/deborahljacobs/2012/11/21/everything-you-need-to-know-about-buying-a-home-in-europe/),\"\" siger Brooker.  Naturligvis, har amerikanske milliard\u00e6rer og ber\u00f8mtheder altid levet store i Europa. Microsoft medstifter Paul Allen holder efter sigende en stab p\u00e5 12 p\u00e5 sin bakketop villa i St. Jean Cap-Ferrat, langs C\u00f4te d'Azur. George Clooney 30-v\u00e6relse palazzo p\u00e5 Italiens Comos\u00f8en har medvirket i mange A-list parter.  Men en svagere euro, lave renter og bryder priserne p\u00e5 [fast ejendom](http://manhattanvillage.info/) i dele af euroomr\u00e5det er at sp\u00f8rge mere almindelige amerikanske eurofile at kigge p\u00e5 at k\u00f8be et stykke af den gamle verden.\""}
{"_id": "247410", "title": "", "text": "\"The answers so far are excellent. I need to respond to your 8-9% withdrawal rate. Uh, wherever you heard that, I'd suggest you listen/read elsewhere. 4% seems to be the \"\"safe\"\" withdrawal rate. I've seen people who were convinced that 7-10% were ok get absolutely trashed in the downturns, both 2000 and 2008. Proper asset allocation and low withdrawal rate will help avoid disaster. I wrote an article about the assumptions we make, looking at 1980-2000 and extrapolating from there. Not pretty. In 2000, I remarked that the near 20%/yr couldn't continue. Understatement of my life. I expected a return to normalcy, maybe 8-10%/yr, and got zero.\""}
{"_id": "247449", "title": "", "text": "\"I'll assume you live in the US for the start of my answer - Do you maximize your retirement savings at work, at least getting your employer's match in full, if they do this. Do you have any other debt that's at a higher rate?  Is your emergency account funded to your satisfaction? If you lost your job and tenant on the same day, how long before you were in trouble?  The \"\"pay early\"\" question seems to hit an emotional nerve with most people. While I start with the above and then segue to \"\"would you be happy with a long term 5% return?\"\" there's one major point not to miss - money paid to either mortgage isn't liquid. The idea of owing out no money at all is great, but paying anything less than \"\"paid in full\"\" leaves you still owing that monthly payment. You can send $400K against your $500K mortgage, and still owe $3K per month until paid. And if you lose your job, you may not so easily refinance the remaining $100K to a lower payment so easily.  If your goal is to continue with real estate, you don't prepay, you save cash for the next deal. Don't know if that was your intent at some point.  Disclosure - my situation - Maxing out retirement accounts was my priority, then saving for college. Over the years, I had multiple refinances, each of which was a no-cost deal. The first refi saved with a lower rate. The second, was in early 2000s when back interest was so low I took a chunk of cash, paid principal down and went to a 20yr from the original 30. The kid starts college, and we target retirement in 6 years. I am paying the mortgage (now 2 years into a 10yr) to be done the month before the kid flies out. If I were younger, I'd be at the start of a new 30 yr at the recent 4.5% bottom. I think that a cost of near 3% after tax, and inflation soon to near/exceed 3% makes borrowing free, and I can invest conservatively in stocks that will have a dividend yield above this. Jane and I discussed the plan, and agree to retire mortgage free.\""}
{"_id": "247472", "title": "", "text": "Do you get time and half on the overtime? If you give that up you're going to take a decent hit on overall income. You'll also decrease income because benefit costs are likely to be double or more.   I've been in retail customer service. It rough. Just try to get through it, make the best of things and move on to something else with more overall benefits."}
{"_id": "247473", "title": "", "text": "I can only address this part of it: For instance with a 10k net income, 9293 is the limit for 401k from employee. How is this calculated? I believe this limit is total for all sources too, which I'm confused about. How it's calculated is that when you are self-employed you also pay the employer portion of the FICA taxes.  This comes off above the line and is not considered income.  The 401k contribution limit takes this into account."}
{"_id": "247486", "title": "", "text": "This means that if your capital under my management ends up turning a profit, I will keep half of those profits, but if I lose you money, I will cover half those losses. The bold part is where you lose me. This absolutely exists with the exception of the loss insurance.  It just requires a lot more than the general retail consumer investor has to contribute.  Nobody wants to take on the responsibility of your money then split 50% of the gross proceeds of your $10,000 (or whatever nominal amount of money you're dealing with) investment and return it all to you after a year.  And NO money manager will insure that the market won't decline. Hedge funds, PE Firms, VC Firms, Investment Partnerships, etc all basically run the way you're describing (again without your loss insurance).  Everyone's money is pooled and investments are made.  Everyone shares the spoils and everyone shares the losses.  And to top it off, the people making investment decisions have their money invested in the fund.  All of them have to pay rent and accountants and other costs associated with running the fund and that will eat in to the proceeds to some degree; because returns are calculated on net proceeds. With enough money you can buy yourself in to a hedge fund, for the rest of us there are ETFs and other extremely fee-reasonable investment options.  And if you don't think the performance and preservation of assets under management is not an incentive to treat the money with care you're kidding yourself (your first bullet point). I'll add that aside from skewing the manager's risk tolerance toward guaranteed returns I doubt you would fair favorably over the long term compared to simply paying even an egregious 1% expense ratio on an ETF.  If you look at the S&P performance for 10 or 20 or however many years, I'd venture that a couple good years of giving up half of your gains would have you screaming for your money back.  The bad years would put the money manager out of business and the good years would squander your gains."}
{"_id": "247519", "title": "", "text": "I wonder if these two concepts are compatible or mutually exclusive:  * The minimum wage should provide a decent living standard above the poverty line * We should have as close to zero unemployment as possible  If those two statements are not compatible with each other, then I don't see how prohibiting eligible members of the workforce from an opportunity is at all desirable.  Yes, this would mean that some individuals would be earning less money than it would take to make a decent living, but those individuals know who they are -- we don't.  Which means that they have the ability to make choices concerning their lives that we shouldn't try to anticipate.  If minimum wage is not a decent wage for what they need, they need to adjust their situation to change that.  Minimum wage was never intended to be a livable wage, only the lowest amount you could pay someone.  I would argue that if someone has been stuck earning minimum wage for more than 2 years, they're doing something wrong.  Either they're not trying to advance, or they're not looking for a better job."}
{"_id": "247529", "title": "", "text": "NERDS!    Don't get distracted with meaningless stats.  I am talking about I.Q., standardized test scores, grades and the like.  If they were not specifically designed to get smart people to spin their wheels with absolutely no meaning they may as well have been."}
{"_id": "247542", "title": "", "text": "This is exactly what they are doing.  Examples would be the BRICS trading bloc and the ASEAN equivalent.  Along with the trade agreements that many countries have made with Iran, all of which completely bypass the American Dollar.    America needs to recognize that for many countries in the world, dumping their excess reserves in US Treasury Bonds is not in their best interest any longer.  Especially considering the fiscal situation in the US, and the policies that are used to manipulate bond rates.  (These policies are cross aisle, this is not a political statement)  American Imperial might is finite.  Americans ignore this at their own peril.  Edit: I would also add the regulatory and legal uncertainty in the US is also a problem.  By that I mean things like MF Global, Peregrine Financial, Knight Capital among others."}
{"_id": "247548", "title": "", "text": "Don't you think the fact that most of the world's wealth is concentrated in that top 1% has *something* to do with that? The fact is neoliberal, supply side policy does not work in part because people horde capital. I do not blame anyone for banking money, but I do believe tax policy should reflect human behavior."}
{"_id": "247550", "title": "", "text": "\"This is just a whining piece of garbage.  Know where I can buy a buggy whip?  Good paying jobs ate the post office would be great, but the internet has made it much less needed, menial work.  Oh, and note the fact that it's the \"\"retiree health benefits\"\" that are being chopped. That is part of the public sector pension that I wish I got.\""}
{"_id": "247578", "title": "", "text": "For example, it is not allowed to buy flood insurance at peak flood season and then cancel it when it is over. They are not offering this right now. So it would be interesting to see if they offer this and how they offer this. For example, you can insure your camera for a week when you are going on vacation. They call it on-demand insurance. They segment Trov is targeting consumer electronics. More often people don't take insurance in this segment as the insurance cost is high and benefits low. However if going on vacation, most are afraid of loosing / damaging equipments. Generally although we are afraid, most often nothing happens. It is this segment; you make the insurance cheap and easy to buy and create a new segment.  Insurance fraud detection is an important part of insurance process such that insurance companies allocate a lot of resources to detect improper insurance claims. The website does not mention how they process claims. Although it looks easy, they may have a more stringent process. For example what is stopping me from buying an insurance after event; i.e. break my phone Monday, buy insurance on Monday and make a claim on Tuesday saying the phone broke on Tuesday."}
{"_id": "247587", "title": "", "text": "Envyzen is a range of grooming products for men. We have wide range of grooming products for men, which gives you a unique look as well as a fresh fragrance free scent, there are lots of benefits of this oil. Envyzen is an online leading company of health supplements who provides healthy products for men, ladies and especially for kids, along with all these things men can this Beard Oil Pearwood for their beards to make them smoother with good fragrance. For further more details about the envyzen, feel free to get in touch with us."}
{"_id": "247590", "title": "", "text": "There is some truth to this. But the reverse could be seen as Apple. Where they did this, and it blew up until they gave it back to Jobs.  Similarly, Bezos seems to be doing a good job as CEO. Gates and Ellison also were pretty successful!  I agree though that when companies start to get major investors/go public, there should be some planning/thought to see if the Founder/CEO is actually a CEO type"}
{"_id": "247594", "title": "", "text": "You're going to have to guess where your income will fall once you retire.  If it's low enough, then a 401(k) or traditional IRA (where the taxes are deferred until retirement) would be the smarter choice. If your projected income is higher (usually the case for people in their 20s or people with larger amounts invested), then the ROTH makes sense because of the tax free growth."}
{"_id": "247614", "title": "", "text": "\"My two cents: I am a pension actuary and see the performance of funds on a daily basis. Is it normal to see down years? Yes, absolutely. It's a function of the directional bias of how the portfolio is invested. In the case of a 401(k) that almost always mean a positive directional bias (being long). Now, in your case I see two issues: The amount of drawdown over one year. It is atypical to have a 14% loss in a little over a year. Given the market conditions, this means that you nearly experienced the entire drawdown of the SP500 (which your portfolio is highly correlated to) and you have no protection from the downside. The use of so-called \"\"target-date funds\"\". Their very implication makes no sense. Essentially, they try to generate a particular return over the elapsed time until retirement. The issue is that the market is by all statistical accounts random with positive drift (it can be expected to move up in the long term). This positive drift is due to the fact that people should be paid to take on risk. So if you need the money 20 years from now, what's the big deal? Well, the issue is that no one, and I repeat, no one, knows when the market will experience long down moves. So you happily experience positive drift for 20 years and your money grows to a decent size. Then, right before you retire, the market shaves 20%+ of your investments. Will you recoup these damages? Most likely yes. But will that be in the timeframe you need? The market doesn't care if you need money or not. So, here is my advice if you are comfortable taking control of your money. See if you can roll your money into an IRA (some 401(k) plans will permit this) or, if you contribute less that the 401(k) contribution limit you make want to just contribute to an IRA (be mindful of the annual limits). In this case, you can set up a self-directed account. Here you will have the flexibility to diversify and take action as necessary. And by diversify, I don't mean that \"\"buy lots of different stuff\"\" garbage, I mean focus on uncorrelated assets. You can get by on a handful of ETFs (SPY, TLT, QQQ, ect.). These all have liquid options available. Once you build a base, you can lower basis by writing covered calls against these positions. This is allowed in almost all IRA accounts. In my opinion, and I see this far too often, your potential and drive to take control of your assets is far superior than the so called \"\"professionals or advisors\"\". They will 99% of the time stick you in a target date fund and hope that they make their basis points on your money and retire before you do. Not saying everyone is unethical, but its hard to care about your money more than you will.\""}
{"_id": "247647", "title": "", "text": "Thanks man. I finished my PhD 8 years ago. I just can't see myself doing IB and having a family. The two seem totally incompatible. I'm starting to think that this is all just a really impractical and fanciful notion."}
{"_id": "247658", "title": "", "text": "This has happened here in Austin, Texas. If the apartment doesn't have one, you can ask to have one installed and some will either do it or will do it if you pay for some of it (about the same price as installing the wall charger in a house)"}
{"_id": "247665", "title": "", "text": "And I'm not sure what you mean by big money. I have no plans to try and be some multi millionaire CEO, but I would like to make a nice living. For me that means in the 6 figures, even if it's on the lower end of that."}
{"_id": "247671", "title": "", "text": "Time to look at a tax table.  A retired couple hits the top of the 15% bracket with an income of $96,700. (I include just the standard deduction and exemptions.) The tax on this gross sum is $10,452.50 for an 'average' rate of 10.8%.  This is what 2 answers here seem to miss, and the 3rd touches, but doesn't keep going.  The tax, paid or avoided, upon deposit, is one's marginal rate. But, at retirement, the withdrawals first go through the zero bracket (i.e. the STD deduction and exemptions), then 10%, then 15%.  The Roth benefit is maximized  In the end, to choose between Traditional or Roth, one would have to have far more details regarding the person's financial situation. The right choice is rarely 100% known except in hindsight."}
{"_id": "247680", "title": "", "text": "That is the maintenance margin required for that position.  Whenever you trade using your margin account, you must (by law, and also separately often by stricter policies from the brokerage) have a certain percentage of equity - at least 25%, often higher.  That protects the brokerage from significant losses if your position drops in value significantly (hopefully preventing the brokerage from failing outright in the event of a major collapse).  If the amount of equity falls below the maintenance requirement, you will have a margin call and be required to put some cash (or equity) into the account to maintain that level. See Maintenance Margin definition on Investopedia for more information."}
{"_id": "247689", "title": "", "text": "They are so erotic and appealing in appearance that the level of their erotic appeal can be felt by just watching them walking towards you and biting their lips. I am sure just seeing this sexual inviting activity, all your sleeping senses will be awakened and excited."}
{"_id": "247709", "title": "", "text": "\"Short answer:  No. Longer answer:  The only reason to move would be to get out of the condo and into a SFR of equal cost because condos can be quite difficult to sell and you don't really want that potential burden later on.  Moving is expensive though and you can't afford to spend more when you are already living on the financial edge. Speaking of living on the edge, that's a recipe for disaster.  I make, ratio-wise, a similar sort of income.  Even accounting for the generous college tuition, you should be able to save at least $20K per year...at a bare minimum.  And if you were careful, I figure you should be able to save $40K/year.  You need to figure out where you are dumping all of your money and cut WAY back on spending and focus entirely on saving money. 1)  Stop eating out.  Make your own meals.  I average about $2 per meal per person - no junk food.  Eating out is 6 to 30 times as expensive as making meals at home.  Do the math:  $10 * 2 people * number of times you eat out per week * 52 ($1,040 per year for each time/week!) vs $2 * 2 people * 21 (3 meals per day) * 52 ($4,368 per year for both of you...maximum).  Now I know some meals are more expensive to prepare, but the math is not unrealistic - I spend about $140 per month on groceries and make the bulk of my own food.  Eating out is sticker shock for me.  The food I prepare is nutritionally balanced and complete.  Now I'm not a complete health-nut.  I love the occasional deep-fried treat or hamburger, but those are \"\"once every couple of months\"\" sort of things, which makes them special. 2)  Stop going to Starbucks or wherever you habitually go.  It takes fuel to get there.  It's also expensive when you get there.  Bring your own drink if you are hanging out with friends. 3)  Drop golf.  Or whatever expensive sport you are sinking money into.  Invest in some cheap running clothes and focus on cardio-based workouts.  Heart health is more important than anything else.  If you can't live without your sport, then find an alternate sport that is \"\"equal\"\"-ish in challenge but a ton cheaper to play.  For example, if you like playing golf, play discgolf instead (most cities have courses) - there's no cost beyond a couple of discs and the challenge is still there. 4)  Drop entertainment.  Movies at the theater are expensive.  Drop your cable subscription (you are getting financially raped for $1,500/year).  Get a Netflix subscription and find shows via free online streaming services.  Buy some dominoes, card games, and a couple of classic board games.  Keep entertainment simple and cheap. 5)  Drop your cell phone's data plan.  Republic Wireless is the only decent cellular provider and even their $12/month plan is living a luxury lifestyle.  If you spend more than $10/month/person for phone service, you are spending too much. 6)  Stop driving everywhere.  Gas is expensive.  Cars are expensive.  If you have more than two cars, sell the extras.  If your car is worth more than $20,000, sell it and get something cheaper. 7)  Stop drinking alcohol.  Alcohol impairs mental functions, is addictive, smells terrible, and is ridiculously expensive.  There's no actual need to consume it either. By the way, don't go and make major financial changes without the wife's sign-off.  Finances are the #1 reason for divorce.  So get her \"\"OK\"\" on this stuff.  Hopefully you already knew that.  The above are just some common financial pitfalls where people sink thousands and thousand of dollars and gain nothing.  You can still have a full and complete life with just a minimum of the above. There is no excuse for living on the edge financially.  Your story is one I'm going to share with those who give me the same excuse because they are \"\"poor\"\".  You are \"\"I want to punch you in the face\"\" wealthy and you spend every last penny because you think that's how money works.  You are wrong. One final piece of advice:  Find a financial adviser.  It is clear to me that you've been managing money wrong your whole life.  A financial adviser will look at your situation and help you far more than someone on the Internet ever can.  If you attend a church, many churches have the excellent Crown Financial Ministries program available which teaches sound financial management principles.  The education system doesn't show people how to manage money, but that's not an excuse either.  Once you dig yourself out of the financial hole you've dug for yourself, you can pass the knowledge on how to correctly manage money onto other people.\""}
{"_id": "247719", "title": "", "text": "Not the guy you asked, but I'll answer anyway. Each of us has to decide what is most important to us. If it's money, you wouldn't be asking. If it's being a respectable person with integrity, then you must accept that all things have a price. The good part about sacrificing quick money to maintain integrity is that your name and brand will grow in value as a result. Build your reputation for quality and honesty and reap the benefits over time. They will come. Do not compromise your integrity, because once it is damaged it is very hard to repair it."}
{"_id": "247721", "title": "", "text": "I think increasing funding to public colleges are an -okay- thing to do.  Certainly it is better than the current system which guarantees student loans to benefit the bankers.  So, we're talking about two different kinds of subsidies: one directly for schools and one for bankers.  While ideally, I'd like to see no government involvement whatsoever, I can compromise as long as bankers are bearing the full risk of their student loans.  The student loan system is what is bubbling up tuition prices, very similar to what happened in housing."}
{"_id": "247738", "title": "", "text": "Time premium is the difference between the market value of the option and its intrinsic value the amount you would get if it expired right now.  Lets think about three cases for buying call options: Purchasing put options works similarly but in reverse."}
{"_id": "247759", "title": "", "text": "Bond information is much tougher to get.  Try to find access to a Bloomberg terminal.  Maybe you have a broker that can do the research for you, maybe your local university has one in their business school, maybe you know someone that works for a bank/financial institution or some other type of news outlet.   Part of the reason for the difference in ease of access to information is that bond markets are dominated by institutional investors.  A $100 million bond issues might be 90% owned by 10-20 investors (banks, insurance co's, mutual funds, etc.) that will hold the bonds to maturity and the bonds might trade a few times a month/year.  On the other hand a similar equity offering may have several hundred or thousand owners with daily trading, especially if it's included in an active stock index. That being said, you can get some information on Fidelity's website if you have an account, but I think their junk data is limited.  Good luck with the hunt."}
{"_id": "247760", "title": "", "text": "In a simple case as the sole UK resident director/shareholder of a company, with that company as your only income, you are usually best paying yourself a salary of the maximum tax free amount allowed under your tax code (~\u00a311k for most people at present).  On this you will have to pay some employer and employee National Insurance (NI) contributions (totalling around \u00a31000). Your salary/employer NI counts as an expense, so that is taken off the company profits.  You then pay corporation tax on the remainder (20%).  The first \u00a35k you take as dividends is tax free, the remainder at a lower tax rate than the equivalent combined income tax/NI (starting at 7.5% instead of 20% tax plus employee plus employer NI), giving a significant saving compared to salaried income even after corporation tax. To declare and pay the tax, you would need to complete a self-assessment tax return.  Your company will also need to file a return. The Contractor UK website, although aimed at IT contractors, has some very useful information on operating Ltd companies. That said, finances are rarely that simple so I would concur with the recommendation you engage an accountant, which is a tax-deductible expense."}
{"_id": "247768", "title": "", "text": "&gt; **In per capita terms, the state is middle-of-the-pack, with $13,083 owed by every man, woman and child.** The report by State Budget Solutions shows that while Texas isn\u2019t so profligate as the other large states, neither is it \u201cthe nation\u2019s shining example for fiscal responsibility,\u201d as a spokesman for Attorney General Greg Abbott recently put it.  **Combined, the 50 states have run up $5.1 trillion in debt to pensioners and retirees, as well as bondholders and the federal government, according to the report. That doesn\u2019t include $3.7 trillion in outstanding municipal bonds nationwide.**  Debt to pensioners, retirees, bondholders and the fed is debt that the state government itself creates in other words the big government politicians. **Per capita debt is middle-of-the-pack and economic performance of Texas is still better than most other states. Personal Income Growth By State is one of the highest in Texas as well as [Percentage Change of Real GDP](http://www.bea.gov/newsreleases/regional/gdp_state/2014/_images/gsp_0614.png) 3.7% compared to California 2% and New York 0.7% in 2013** (US Bureau of Economic Analysis). The economy of Texas outperforms high taxing and regulating states."}
{"_id": "247773", "title": "", "text": "Drinking is debatable, alcoholism is net negative, drunk driving is net negative. Alcohol on its own doesn't kill. It's not quite the same as cigarettes. Maybe we just start with products that kill, that way the moral question isn't so blurry?"}
{"_id": "247778", "title": "", "text": "It's sad.  My mother lost her job after a brutal divorce.  BOA bought up Countrywide, then when my mother pleaded for assistance BOA said they could not help her unless she was behind/in default of her mortgage.  She tried to do a deed-in-lieu with a lawyer and BOA refused to accept the deed-in-lieu many times.  Then BOA sold her mortgage to Green Tree (?) and they refused her deed-in-lieu as well.   This went on for over 2 years and they foreclosed on the house.  I told my mother to sue because they should have accepted her deed-in-lieu because it was approved by the court in her bankruptcy but she was tired of trying to save her house that she just walked away.  6 months after she left and moved in with my sister Green Tree called her offering a refinance at a lower rate and a mortgage payment that was less than a typical car payment.  Now 5 years later my mom is just going to pay cash for her house and never do a mortgage again."}
{"_id": "247790", "title": "", "text": "I think it's safe to say that Apple cannot grow in value in the next 20 years as fast as it did in the prior 20. It rose 100 fold to a current 730B valuation. 73 trillion dollars is nearly half the value of all wealth in the world.  Unfortunately, for every Apple, there are dozens of small companies that don't survive. Long term it appears the smaller cap stocks should beat large ones over the very long term if only for the fact that large companies can't maintain that level of growth indefinitely.  A non-tech example - Coke has a 174B market cap with 46B in annual sales. A small beverage company can have $10M in sales, and grow those sales 20-25%/year for 2 decades before hitting even $1B in sales. When you have zero percent of the pie, it's possible to grow your business at a fast pace those first years."}
{"_id": "247793", "title": "", "text": "Appear smart.  Seriously.     Don't talk about finance or ibanking because you don't know anything he doesn't and the odds of you sounding simplistic or stupid are high.     Look like a go getter and someone he would want to work with.  There are going to be 1000's of kids with resumes that are the same or better than yours, a resume is what gets you in the door (probably got this meeting) but being someone people want to work with gets you the job.     TL: DR - Don't be a douche"}
{"_id": "247798", "title": "", "text": "&gt; Fiber to everyone's home, absolutely massive funding of clean energy research and projects, combat infrastructure decay, etc etc.  I don't disagree with this, but I'd rather the government created contracts with private companies and started up more private businesses and innovation. The nationalization of fiber optic networks to everyone's home is troubling to me."}
{"_id": "247802", "title": "", "text": "\"One practical application would be to protect yourself from a \"\"flash crash\"\" type scenario where a stock suddenly plunges down to a penny due to transient market glitches. If you had a stop-loss order that executed at a penny (for a non-penny stock) it would be probably be voided by the exchange, but you might not want to take that risk.\""}
{"_id": "247809", "title": "", "text": "Social Media has evolved and matured rapidly over the last 2-3 years and today is developing the way businesses are marketing their products and services to a wide yet highly selected viewers of online users. The early days of social media and the limited capabilities of platforms such as Facebook, LinkedIn, Tumblr, Pinterest, and Twitter meant that brands focused their social media marketing in dubai efforts around customer service and customer communication.  While these elements are still extremely important, the platforms now allow targeted communication via text and video that bring businesses closer than ever to both existing and potential customers."}
{"_id": "247822", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/environment/2017/jun/29/climate-change-income-inequality-environment) reduced by 88%. (I'm a bot) ***** &gt; Climate change is likely to worsen existing inequalities in the US, with the poorest areas of the country poised to lose as much as 20% of their income by the end of the century if greenhouse gases are not significantly reduced.  &gt; The new study, conducted by a trio of US universities and published in Science, warns that unchecked climate change will prove costly for the whole country.  &gt; Donald Trump hasn&amp;#039;t acknowledged an economic cost to climate change and has instead pulled the US out of the Paris climate agreement and started dismantling various environmental regulations with the stated goal of boosting growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kcl4f/new_research_shows_that_by_2100_the_economic_loss/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155623 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Climate**^#1 **temperature**^#2 **change**^#3 **country**^#4 **research**^#5\""}
{"_id": "247842", "title": "", "text": "\"@MrChrister - Savings is a great idea. Coudl also give them 1/2 the difference, rather than the whole difference, as then you both get to benefit... Also, a friend of mine had the Bank of Dad, where he'd keep his savings, and Dad would pay him 100% interest every year. Clearly, this would be unsustainable after a while, but something like 10% per month would be a great way to teach the value of compounding returns over a shorter time period. I also think that it's critical how you respond to things like \"\"I want that computer/car/horse/bike/toy\"\". Just helping them to make a plan on how to get there, considering their income (and ways to increase it), savings, spending and so on. Help them see that it's possible, and you'll teach them a worthwhile lesson.\""}
{"_id": "247858", "title": "", "text": "\"&gt;tax cuts for the rich cause economic harm to the public..  and  &gt;the Republicans constantly use the stimulus of deficit spending as cover for them.  Cracking open a thesaurus and finding synonyms for the word \"\"bad\"\" doesn't address the issue.  Whether you say tax cuts are bad or harmful, it is the same statement.   I agree \"\"tax cuts are bad\"\" and your next statement which amounts to \"\"Republicans are bad\"\" are different conclusions.  They are not necessarily related any more than a bad carpenter choosing a bad hammer explains why each is bad.   Fair point if slightly... irrelevant.  It is irrelevant because it does nothing to address the problems with a one-sided narrative or to shift focus from evaluation into fact-based analysis.\""}
{"_id": "247870", "title": "", "text": "No, if you are trading options to profit solely off the option and not own the underlying, you should trade it away because it costs more to exercise:"}
{"_id": "247885", "title": "", "text": "A Corporate Presentation whether it\u2019s for sales, marketing or just giving statistical accounts report demands a certain level of confidence and perfectionism. Here are ways in which you can amp up your skills and get your content understood in the clearest manner."}
{"_id": "247894", "title": "", "text": "Have you looked into GnuCash? It lets you track your stock purchases, and grabs price updates. It's designed for double-entry accounting, but I think it could fit your use case."}
{"_id": "247895", "title": "", "text": "The real value of a share of stock is the current cash value of all dividends the owner will receive, plus the current cash value of the final liquidation if any.  Since people with different needs may judge the current cash value of an income stream differently, there would be a market basis for people to buy and sell stocks even if everyone could predict all future payouts perfectly. If shareholders knew that a company wouldn't pay any dividends until it was liquidated in the year 2066, whereupon it would pay $2000/share, then each share would in 2016 effectively be a fifty-year zero-coupon bond with a $2000 maturity value.  While some investors would be willing to trade in such an instrument, the amount of money a company could charge for such an instrument would be far lower than the money it could charge for one with payouts that were more evenly distributed through time. Since the founders of most companies want their companies to be around for a long time, that would mean that shareholders would have no expectation of their shares ever yielding anything of value within any foreseeable timeframe.  Even those who would be more interested in share-price appreciation than dividends wouldn't be able to see share prices rise if there wasn't any likelihood of the stock being bought by someone who wanted the dividends."}
{"_id": "247901", "title": "", "text": "Basic utilities like water and electricity are highly regulated.  The price is set by a certain and small amount above cost, which is audited at several layers by government and private entities.  I'm just not sure why someone would be so far from reality, I apologize if my response jarred you."}
{"_id": "247902", "title": "", "text": "If you buy puts, there are no guaranteed proceeds though.  If you short against the box, you've got immediate proceeds with a nice capital loss if it doesn't work out.  Conversely, you could write a covered call, take the contract proceeds, and write off the long position losses.  Nobody ever factors tax consequences into the equation here."}
{"_id": "247908", "title": "", "text": "\"Most directly and most likely, it can hurt your credit score if you miss payments, since it's being reported regardless of whether or not it benefits you. This is a risk for you but a benefit for landlords, since it gives renters more incentive to actually make on-time payments. Secondarily, there's a small risk that Credit Ladder or one of their partners makes a mistake and you have to spend some time correcting it. They do seem to have reputable partners, so it's likely that mistakes can be corrected, at the cost of wading through customer support. Finally, it's important to look at where they get their money.  Credit Ladder charges directly for premium memberships - it appears that those are basically a sort of group discount thing. None of the benefits seem super awesome, but the cost is low enough that I think it could be worth it for some people. So that's one way to make money. Risk here = this service doesn't make enough money and they might phase out the free tier. Now, source of money #2 - your information. According to this source, \"\"within the Privacy Policy, the company states that [they] may use the personal information collected about you to \u201cprovide third parties with statistical information about our users \u2013 but this information will not be used to identify any individual user.\u201d It\u2019s not clear if this is the intended monetization of the company, it is a consideration to the user that this information may be sold.\"\" Risk here = they might get hacked or they might sell your 'non-identifying' information. There's no details as to whether or not they are actually doing this, but they have the right to do so. If they got even 10% of the renters in UK using their service, then this data would be quite valuable.\""}
{"_id": "247942", "title": "", "text": "\"Dividends telegraph that management has a longer term focus than just the end of quarter share price.  There is a committment to at least maintain (if not periodically increase) the dividend payout year over year.  Management understands that cutting or pausing dividends will cause dividend investors in market to dump shares driving down the stock price.   Dividends can have preferential tax treatment in some jurisdictions, either for an individual compared to capital gains or compared to the corporation paying taxes themselves.  For example, REITs (real estate investment trusts) are a type of corporation that in order to not pay corporate income tax are required to pay out 95% of income as dividends each year.  These are not the only type, MLP (master limited partnerships) and other \"\"Partnership\"\" structures will always have high dividend rates by design. Dividends provide cash flow and trade market volatility for actual cash.  Not every investor needs cash flow, but for certain investors, it reduces the risks of a liquidity crisis, such as in retirement.  The alternative for an investor who seeks to use the sale of shares would be to maintain a sufficient cash reserve for typical market recessions.\""}
{"_id": "247952", "title": "", "text": "You should actually contact the company, not just try to. There are ways to do this. For example, show up in person, send registered mail. All other advice is moot until you actually contact the company."}
{"_id": "247975", "title": "", "text": "Older systems seem to have far better uptime &amp; stability compared to newer versions of Windows.   My Windows 10 desktop seems to force a restart at least once a month, yet Windows 2k/98/95 would run for years without crashing."}
{"_id": "247994", "title": "", "text": "\"Who are the \"\"regular competitors\"\" of Netflix?  Is it the cable providers like Comcast?  Is it content providers like HBO?  I don't see Netflix \"\"destroying\"\" either of those, given that:  * Netflix rarely owns the content it's distributing; * Comcast owns the pipes for distribution, and; * HBO makes generally better stuff than Netflix, at least for now.  So what's your argument here, exactly?  Are you just pissed about having to make a choice to pay Netflix for a 100% discretionary service that you don't need to accept?\""}
{"_id": "248013", "title": "", "text": "When looking at buying and selling, you really need to look at the overall picture for the short term. What would the closing cost be? Would you pay a buyers agent, or use the sellers? Loan generation fees? All of these would add up, and would affect you timeline adversely. You are currently comparing you rent, versus your plain mortgage and taxes. You're missing the losses you could possibly incur, if you do not stay int he home for the long term. You also have to rememberer the possibility of the property not renting long term, can you swing two mortgages? Or a mortgage and a rent check?"}
{"_id": "248019", "title": "", "text": "\"Forecasts of stock market direction are not reliable, so you shouldn't be putting much weight on them.  Long term, you can expect to do better in stocks, but obtaining this better expected return has the danger of \"\"buying in\"\" to the market at a particularly bad moment, leading to a substantially lower return.  So mitigate that risk while moving in a big piece of cash by \"\"dollar cost averaging\"\".  An example would be to divide your cash hoard (conceptually) into say six pieces, and invest each piece in the index fund two months apart.  After a year you will have invested the whole sum at about the average of the index for the year.\""}
{"_id": "248021", "title": "", "text": "\"There are two scenarios to determine the relevant date, and then a couple of options to determine the relevant price. If the stocks were purchased in your name from the start - then the relevant date is the date of the purchase. If the stocks were willed to you (i.e.: you inherited them), then the relevant date is the date at which the person who willed them to you had died. You can check with the company if they have records of the original purchase. If it was in \"\"street name\"\" - they may not have such records, and then you need to figure out what broker it was to hold them. Once you  figured out the relevant date, contact the company's \"\"investor relationships\"\" contact and ask them for the adjusted stock price on that date (adjusted for splits/mergers/acquisitions/whatever). That would be the cost basis per share you would be using. Alternatively you can research historical prices on your favorite financial information site (Google/Yahoo/Bloomberg or the stock exchange where the company is listed). If you cannot figure the cost basis, or it costs too much - you can just write cost basis as $0, and claim the whole proceeds as gains. You'll pay capital gains tax on the whole amount, but that may end up being cheaper than conducting the investigation to reveal the actual numbers.\""}
{"_id": "248056", "title": "", "text": "\"I agree that the education industry has screwed most young people by lying to them about the value of their education and with \"\"guaranteed\"\" high paying jobs.   However, the students made their informed decisions and now need to deal with it.  Will it impact us?  Probably but we can't reinforce a behavior that constantly bails people out of situations of their own making and that of their parents.    Parents should be providing better guidance to their children but in many cases they have their ego and bragging rights tied up in this as well.  The Education marketing arms promote the belief that you are a great parent if your child goes to an expensive university.  I can't tell you how many parents I have heard spouting off about the fact their daughter or son are going to this university or that university.  Five years later, the daughter got her degree in social work etc. and is working retail. The son never made it through and are in debt up to their eyeballs.\""}
{"_id": "248089", "title": "", "text": "\"I work in IT. India has been allowed to increasingly INVADE us IT policy (adopting VULNERABLE policies) over the recent decades (slowly) due to PREJUDICE about their superiority/affability (even though their native society is predatory and the word \"\"thug\"\" originates from THEM!). This is how you LOSE your control. The part \"\"they\"\" don't understand is coming SOON.  I see them daily. I know them. I want to thwart this criminal activity.  I never liked war before. Now I understand where it comes from (idealogically). It comes from covert foreign attack.  Let's nuke India!!! Twice! Look at how ugly looking they are! They look dirty. They should stay in their own disgusting native cesspool, or pay the price!  They are NOT as mass media portrays them! We will send all of their supporters to India with them! YAY!\""}
{"_id": "248091", "title": "", "text": "One factor you may be missing is that, even if you pay your balance in full each month, the utilization probably won't be zero, since the reporting period isn't usually lined up perfectly with the due date on your payment.  In short: Your utilization is not the same thing as how much balance you carry over.  My advice would be: don't try carry a balance just to get a minuscule benefit on your credit score (if there is one at all). It is certainly not worth the interest charges you will pay to do so. I think the advice you quoted is a mangled explanation of something that can benefit your credit. Specifically, don't let your cards go unused for long periods of time, which would make your utilization show as zero. At least a few times a year you should actually use those cards, even just a small amount, to make the accounts show that you are utilizing your credit."}
{"_id": "248095", "title": "", "text": "The funniest thing to me was how they treated design. Like I'm fine with people not giving a fuck. And producing cheap products.   But it's just hilarious,  especially when you come from a design background. Like have a little pride in your craft. :/"}
{"_id": "248108", "title": "", "text": "You need to see that prospectus.  I just met with some potential new clients today that wanted me to take a look at their investments.  Turns out they had two separate annuities.  One was a variable annuity with Allianz.  The other was with some company named Midland Insurance (can't remember the whole name). Turns out the Allianz VA has a 10 year surrender contract and the Midland has a 14 year contract.   14 years!!!   They are currently in year 7 and if they need any money (I'm hoping they at least have a 10% free withdrawal) they will pay 6% surrender on the Allianz and a 15% surrender on the other. Ironically enough, they guy who sold this to them is now in jail.   No joke."}
{"_id": "248119", "title": "", "text": "Vehicle-Accessories doesn't just sell towing and off-roading vehicle accessories in Australia, they also expertly install these accessories in customer vehicles. In doing so, they not only stand by the products they sell, they prove the design of the product and its adaptability to the roads you take.Again, Vehicle-Accessories is not just selling and installation but also repairs and remodelling of existing accessories."}
{"_id": "248128", "title": "", "text": "\"I was under the impression that all pilots actually do is take off and land. Once they're airborne, the computer takes over. It's usually described as \"\"99% utter boredom, and 1% sheer terror.\"\"  Maybe a computer could land and take off too, but so much can go wrong at those crucial points and the stakes are so high that you need to have actual humans involved.\""}
{"_id": "248133", "title": "", "text": "Russia has become more risky as an investment, thus investors, basically the market, wants to be paid more for investing in or owning those bonds. As yields go up, prices go down. So right now you can buy a low priced Russian bond with a high yield because the market views the risk involved as higher than risks involved in other similar securities."}
{"_id": "248134", "title": "", "text": "Yeah, pretty much. Most hotels will have a long-term rate that's much cheaper if you're staying weeks, or months at a time - however it's not something that they highly publicize because otherwise normal hotel guests can feel that they're being overcharged. The weekly rate usually applies to bookings longer than three weeks, and the monthly rate for those more than three months. The place I stayed at also had 6 monthly and 12 monthly rates which were even less again - and I knew some people who had been living there for 2-3 years.  Although I guess it depends on your budget, when you compare the rates of corporate/short-stay accommodation you can sometimes get a better deal from a hotel if you just call and negotiate something. There was an article I read about this a few years back on some dude who started doing this because it worked out cheaper than keeping a permanent place in London and a place in NY - but I can't for the life of me find it now!"}
{"_id": "248158", "title": "", "text": "No. That's the point of a passive strategy: you maintain a more or less constant mix of assets and don't try to figure out what's going to move where."}
{"_id": "248167", "title": "", "text": "France taxes capital / dividend gains accrued in France. Hence you will not be able to reduce this liability. India does have a Double Tax Avoidance Treaty with France and you can claim relief for the tax paid in France."}
{"_id": "248177", "title": "", "text": "The problem is not capitalism. The problem is actually human beings. As humans, we only keep and keep growing and producing waste as we move along just like virus. Look at some developing countries, they live next to the river and they throw crap into it. It is that kind of mentality that is killing the planet. Sadly, it is a bit like Gaia is the host and we are essentially her virus ..."}
{"_id": "248206", "title": "", "text": "In order to arrive at a decision you need the numbers: I suggest a spreadsheet.  List the monthly and annual costs (see other responses).  Then determine what the market rate for rental.  Once you have the numbers it will be clear from a numbers standpoint.  One has consider the hassle of owning property from a distance, which is not factored into the spreadsheet"}
{"_id": "248217", "title": "", "text": "It could be an endless number of reasons for it.  It could simply just be a break through a long term resistance causing technical traders to jump in.  It could be an analyst putting out a buy recommendation.  If fundamentals have not changed then maybe the technicals have changed. Momentum could have reached an oversold position causing new buyers to enter the market. Without knowing the actual stock, its fundamentals and its technicals, no one will ever know exactly why."}
{"_id": "248222", "title": "", "text": "There are a lot of strong words being thrown around here- kill, slashes, monopoly. It never really works this way in capitalism. In other news, sandals slash prices to kill dress shoes, while bicycles strangle prices to take monopoly control and destroy all other forms of transport. Real monopolies basically require government action and Dr No isn\u2019t on side with the current leader of the free world."}
{"_id": "248226", "title": "", "text": ""}
{"_id": "248235", "title": "", "text": "Accredited investors are required to have 1 million in assets (not including primary residence) or $200,000/yr income for the last 3 years. These kinds of regulations come from the SEC, not the company involved, which means the SEC thinks it's a risky investment. If I recall correctly, [someone I know] had to submit evidence of being an accredited investor to trade options on [his] IRA. It may be that this is related to the classification of the options."}
{"_id": "248243", "title": "", "text": "It is FDIC insured, there is no catch .. a few banks offer above 1% APY.  Alliant and Ally come to my mind.   Terms & Conditions"}
{"_id": "248252", "title": "", "text": "Ummm, let's see what the outcome here is:  1. Lawyers get $16.5M   2. We get pretty much nothing. 3. Ticketmaster gets a settlement against them that they just pass off in the future to us. 4. Ticketmaster *still* charges these fees, they just now mention that they make some profit off them. 5. We get no concessions from Ticketmaster on fees, and *more* fees added on to pay for the settlement in the future.  Yay!  If the damn lawyers had just left this well enough alone, we would all be better off.  They smelled a payoff and chased that ambulance to a $16.5M payday.  tl;dr; Fuck lawyers."}
{"_id": "248253", "title": "", "text": "Fair enough, but if it goes the way it went in some parts of Canada, then privatization of road work will make it so that repair cost will skyrocket, jobs will be shody so they can repair more often, and the industry will be run by a cartel that chose who gets the contract and when by forcing the players to ask for a certain price."}
{"_id": "248269", "title": "", "text": "It really depends.  If it is offered as compensation (ie in leiu of, or in addition to salary or cash bonus) then it would be reportable income, and if sold later for a profit then that would be taxable as gains.  If this share is purchased as an investment at current value then it would be treated like other securities most likely gains realized at sale.  Any discount could be considered income but there are some goofy rules surrounding this enacted to prevent tax evasion and some to spur growth.  That is the answer in a nut shell.  It is far more complicated in reality as there are somewhere around 2000 pages of regulations deal with different exceptions and scenerios."}
{"_id": "248271", "title": "", "text": "Yeah, that would make sense; if they corporations started offshore.  However, they started on U.S. soil; as such, don't you think they should pay their fair share for such an awesome environment (security, opportunity, technology) the U.S. provides in the first place?"}
{"_id": "248279", "title": "", "text": "\"As the article states, traditionally, it's a majority percentage of teens and immigrants. Makes sense. My wife and I regularly volunteer with immigrants, some documented and some not, to assist in finding jobs and housing, so that still holds true.   But, add to that the newer college grads who struggle to find ANY job.   I don't have a perfect solution. I think most people pretend their agenda is the perfect solution. So if the research shows--and it does--that mandated minimum wage raise eliminates jobs, the solution lies elsewhere. As far as \"\"livable wage\"\" goes, that is partly determined by situation and partly by individual. Obviously, the individual has to be responsible for their share (frugality, minimizing debt, work ethic, etc). But what's not in their control could be helped on a situation to situation basis. What I mean is \"\"disadvantaged people\"\" needs to be defined before you can help them. If \"\"disadvantage people\"\" means \"\"recently graduated students\"\", then minimize their biggest financial burden of school loan interest rates. If it's lower-skilled workers like teens and SOME immigrants, get rid of the minimum wage and allow them to work those lower paying jobs while gaining experience. So on and so forth.   As a business owner who makes around $30/hour, I can tell you I CAN'T afford to hire help at $19/hour to do simple tasks that would make me more productive. That killed a job right there. And it prevented me from freeing up my time to focus MORE on income-generating work, so I'm poorer for it too. As someone who volunteers with immigrants, I can't tell you how happy the people I've worked with would be to have more job opportunities.\""}
{"_id": "248309", "title": "", "text": "Costco's entire business plan, though, is based around their membership fees. That is their sole profit.  They charge enough on their products to keep the lights on, pay their leases, pay their employees, and pay for the product coming in the door. All profit comes from membership fees.  Instead, this article makes them sound like an anti-capitalist company. Noooo, they're shifting the price of that chicken somewhere else. By not mentioning how the company actually posts a quarterly profit, this article does the exact opposite of what it should be doing: informing the reader."}
{"_id": "248316", "title": "", "text": "heh well your aging faster than I, im not even 40 and this shit is making me feel old.  the world is being blinded by bankers and elitists and all people can think about is cats.  We have the opportunity to be in contact and perform great things, and some of us do, but then theres the front page of reddit in October of 2012 which is full of cats and meme's.  I dont watch tv, im very selective in viewing.  And i do understand the internet mentality, i have been a part of it since it began.  From 0day to lolcats.  I will laugh when some of these kids today dont get the jobs they want because they are online forever drunk, half naked, throwing up, giving the finger to people, lying in gutters, etc.    The internet will be real funny in another ten years, when all the people today have internet hangover like it was a bad party that wont go away."}
{"_id": "248318", "title": "", "text": "But my gas car doesn't require that, so this is a regression. I had a Model S for 2 years, it was neat but we didn't use it for road trips. For people buying a 35k car, the luxury of having a second or third car isn't a given."}
{"_id": "248329", "title": "", "text": "The last batch I ordered were 2 sided. I did this because they were for my film production freelancing, so I could be leaving them on tables and things and using them as mini flyers of sorts to advertise. For my day job I have one sided as these won't really be used to advertise but to provide contact info. I find it's nice to have space on the back to write notes, alternative contact info etc."}
{"_id": "248333", "title": "", "text": "Another plus, besides supplemental income, to receiving dividend checks as opposed to reinvesting them is that those $$ are now out of the market and can't drop 50% or 60% like Y2K and 2008.  The idea of investing for the long term is now fraught with worry after those two events, because the next time, (smart economists say), it might not come back - a la 25 years to recover from the great depression. Plusfact technological quantum leaps, IT, automation, and the robots are taking over - can't hold that back forever, and the market will be the first one to smell the end of the economic status quo, and head for the hills, or in this case, deep dark scary valleys."}
{"_id": "248342", "title": "", "text": "\"**Warning:**  Really fucking simplified (like undergrad \"\"intro to corp finance\"\" simple).  Tell them they are running a company.  Say they just received a huge pile of cash (end of year earnings or some shit).  Tell them they have two options:  * Invest the money to expand current operations (say they make footballs) and continue making 10% ROE or w/e return their current operations make.  * Invest the money into a new project, say expanding products and making soccer balls.    Now ask them what rate of return from soccer balls would they need to receive to make it justifiable to pursue that project instead of just putting that cash back in footballs?  I mean, ask them if they received only a 5% ROE from soccer balls, would it make sense to produce them instead of expanding football production?  The required rate of return on the soccer ball project would be whatever return they'd make from their other project option (expanding football production).\""}
{"_id": "248349", "title": "", "text": "\"Yes, especially if you are a value investor. The importance and relevance of financial statements depends on the company. IMO, the statements of a troubled \"\"too big to fail\"\" bank like Citibank or Bank of America are meaningless. In other industries, the statements will help you distinguish the best performers -- if you understand the industry. A great retail example was Bed, Bath and Beyond vs. Linens and Things. Externally, the stores appeared identical -- they carried the same product and even offered the same discounts. Looking at the books would have revealed that Linens and Things carried an enormous amount of debt that fueled rapid growth... debt that killed the company.\""}
{"_id": "248352", "title": "", "text": "Nice ad hominem attack. You are basically acting like people that work minimum wages are lesser people and undeserving of things, like owning a house. Maybe someone enjoys low skilled labor like working at a cafe or working with their hands. There is nothing wrong with that. That doesn't mean they are lesser than you and/or incapable of owning a house, they just may not be able to afford as nice of things. Jesus, if you have to assume the worst of people to bolster your argument, then you have fucking terrible argument."}
{"_id": "248358", "title": "", "text": "Did you read yellowoftops' comment?  He is saying just bypass the visa investment entirely, take direct responsibility and invest directly in educating domestic workers.  And why can't they take current subordinate workers in their company and train *them*?  They don't *need* those workers now, because they're clearly getting along just fine *right now without them*. It's just something they *want*, i.e. instant gratification."}
{"_id": "248361", "title": "", "text": "There are the Dow Jones Sustainability Indices. I believe the reports used to create them are released to the public. This could be a good place to start."}
{"_id": "248368", "title": "", "text": "I'd advise you to look for an advisor who is a NAPFA-Registered Financial Advisor.  If you visit the National Association of Personal Financial Advisors (NAPFA) website (http://www.napfa.org) and understand why they are different, I think you'll agree that the NAPFA-Registered Financial Advisor is the highest standard of excellence you will find in a financial planner."}
{"_id": "248378", "title": "", "text": "\"I assume you are referring to Multi-Level Marketing, which have organizational structures that look like pyramids.  As others have pointed out Ponzi schemes (often referred to as pyramid) are illegal.    The key to multi-level marketing is understanding the true objective.  It is not to sell soap, vitamins, cell phone plans or whatever.  The key is to understand that you are building a marketing organization.  You must motivate and train others to do the same.  You cannot rely on others to do it for you, you must do it yourself. If you just are there to sell product, you won't make any money.  If you have a lot of friends that you can convince to sign up, you won't make any money.  If you can build a marketing organization, you can make a lot of money. While the marketing for MLMs often say \"\"anyone can do it\"\", such things waste people's time.  There are certain personality types that are not suited for such skills.  Also if one posses those types of skills, there may be better opportunities in traditional companies.  Maybe.\""}
{"_id": "248381", "title": "", "text": "Best way to break into the field as a soon to be graduate, should I apply to banks? Smaller firms? Financial services focused divisions within big 4? I've not done anything finance related but had two accounting internships one at big 4 and a smaller regional firm if that helps."}
{"_id": "248393", "title": "", "text": "ISOs (incentive stock options) can be closed out in a cashless transaction. Say the first round vests, 25,000 shares. The stock is worth $7 but your option is to buy at $5 as you say. The broker executes and sells, you get $50,000, with no up front money.  Edit based on comment below - you know they vest over 4 years, but how long before they expire? It stands to reason the longer you are able to hold them, the better a chance the company succeeds, and the price rises.  The article Understanding employer-granted stock options (PDF) offers a nice discussion of different scenarios supporting my answer."}
{"_id": "248398", "title": "", "text": "Sometimes it becomes really important for people to change their name in the form of spellings, surnames or maybe the whole name. The reasons might be religious, astrological, numerology but one definitely has to inform other about their new identity due to legal formalities."}
{"_id": "248417", "title": "", "text": "You want /r/personalfinance  As long as you can afford to pay down the debt and interest over a period, 5-10 years or less, it seems reasonable enough.  Interest is high compared to a mortgage but it is tax deductible (last I knew)."}
{"_id": "248430", "title": "", "text": "to be fair , if people stopped living over their mean and stop taking debt for stuff they don't need , we would not be in this mess in the first place, you cant place all the blame on the lenders when the lendee is ok with taking on more debt. Only a fool would refuse a fool's money..."}
{"_id": "248435", "title": "", "text": "It's been [over two years](https://www.google.com/publicdata/explore?ds=z1ebjpgk2654c1_&amp;met_y=unemployment_rate&amp;idim=city:CT5363000000000:CT0667000000000&amp;fdim_y=seasonality:U&amp;hl=en&amp;dl=en#!ctype=l&amp;strail=false&amp;bcs=d&amp;nselm=h&amp;met_y=unemployment_rate&amp;fdim_y=seasonality:U&amp;scale_y=lin&amp;ind_y=false&amp;rdim=country&amp;idim=city:CT5363000000000:CT0667000000000&amp;ifdim=country&amp;tstart=1388037600000&amp;tend=1493182800000&amp;hl=en_US&amp;dl=en&amp;ind=false).   The [Berkley study](https://www.usnews.com/news/best-states/california/articles/2017-06-20/apnewsbreak-study-seattle-minimum-wage-hasnt-cut-jobs) from two weeks ago did include recent data and didn't find a major effect.   Before the minimum wage went into effect, what were the predictions made? Were they that there would be subtle effects that required flawed techniques to bring out? Was the prediction massive increase in unemployment?"}
{"_id": "248448", "title": "", "text": "\"You are suggesting that a 1% return per month is huge. There are those who suggest that one should assume (a rule of thumb here) that you should assume expenses of half the rent. 6% per year in this case. With a mortgage cost of 4.5% on a rental, you have a forecast profit of 1.5%/yr. that's $4500 on a $300K house. If you buy 20 of these, you'll have a decent income, and a frequently ringing phone. There's no free lunch, rental property can be a full time business. And very lucrative, but it's rarely a slam dunk.  In response to OP's comment - First, while I do claim to know finance fairly well, I don't consider myself at 'expert' level when it comes to real estate.  In the US, the ratio varies quite a bit from area to area. The 1% (rent) you observe may turn out to be great. Actual repair costs low, long term tenants, rising home prices, etc. Improve the 1.5%/yr to 2% on the 20% down, and you have a 10% return, ignoring appreciation and principal paydown. And this example of leverage is how investors seem to get such high returns. The flip side is bad luck with tenants. An eviction can mean no rent for a few months, and damage that needs fixing. A house has a number of long term replacement costs that good numbers often ignore. Roof, exterior painting, all appliances, heat, AC, etc. That's how that \"\"50% of rent to costs\"\" rule comes into play.\""}
{"_id": "248474", "title": "", "text": "You have not answered the question of total market and total amount that works out poorly for municipalities. You keep listing examples where it went badly, and have not compared that to the total size and those that went well. Without that ratio one cannot make a reasonable, informed decision. The total municipal bond market has about $3.7 trillion in it. You (and the article) list problems totaling in the tens of billions of dollars. Let's round up to 100 billion. That is still less than 3% of them going bad, which is a pretty good default rate. If 97% of such projects were a success (and I'm not claiming they are) then they should continue.  &gt;Not included are the hundreds of smaller venues such as arenas and ice hockey facilities that almost never produce the sorts of economic benefits promised  Yes, you keep listing only one side; I asked for the other sides data which you still have not provided.  If I only list those auto airbag incidents that result in kids dying, you'd conclude that airbags are bad and must be removed. However, by avoiding honest data you'd be making a mistake. All I ask for in this case is the honest dat, not stories only about when municipal bonds fail. The statistics seem to me to be that the vast amount of them are not included in these stories of problems.  &gt;why does the public have to foot the bill?  Because they often choose to, and cities certainly complain pretty loudly when a big name team moves away, so apparently cities like having sport teams."}
{"_id": "248531", "title": "", "text": "\"&gt; This is perfect for the ELI5 posts that always come up on this topic.  \"\"That graph is the thing, the Platonic form. Stocks and bonds and hedge funds and derivatives and everything else are the shadows, the imperfect methods of approaching the thing. If you want to make all the money in the world, go make that graph.\"\"  Do all five year olds understand allusions to Plato's Allegory of the Cave?\""}
{"_id": "248536", "title": "", "text": "According to the IRS, you can still put money in your IRA. Here (https://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics-IRA-Contribution-Limits) they say: Can I contribute to an IRA if I participate in a retirement plan at work? You can contribute to a traditional or Roth IRA whether or not you participate in another retirement plan through your employer or business. However, you might not be able to deduct all of your traditional IRA contributions if you or your spouse participates in another retirement plan at work. Roth IRA contributions might be limited if your income exceeds a certain level. In addition, in this link (https://www.irs.gov/Retirement-Plans/IRA-Deduction-Limits), the IRS says: Retirement plan at work: Your deduction may be limited if you (or your spouse, if you are married) are covered by a retirement plan at work and your income exceeds certain levels. The word 'covered' should clarify that - you are not covered anymore in that year, you just got a contribution in that year which was triggered by work done in a previous year. You cannot legally be covered in a plan at an employer where you did not work in that year."}
{"_id": "248544", "title": "", "text": "But how valuable is it in the Star Trek world? How much gold is available and how much do they need?Are there alternatives? Will they ever find another element that replaces it? These all affect the actual value...  Nothing has value without demand, so how can anything be intrinsically valuable?"}
{"_id": "248545", "title": "", "text": "I think it's more of a supply issue than anything else.  Lots of people want Surface Pros, but actually finding one in a store, nevermind accessories etc. is a chore.  At least that has been my observation.    This is entirely based on the month or so I worked at Best Buy over the holidays, so take this post with a grain of salt.  All I know is that we had a shit ton of customers asking for them but we just never had them in stock because Microsoft would only send us like 5 of them in a shipment.  Meanwhile iPads consistently sold very well and we always had enough of them in stock."}
{"_id": "248564", "title": "", "text": "\"So, when checking the price online before going into the store, then finding a different price, they don't think they'll make themselves look even worse than before?  Especially after the whole \"\"different website with different prices just to screw over customers\"\" thing they pulled in the past.\""}
{"_id": "248565", "title": "", "text": "\"Not necessarily.  The IRS deals with income taxes.  I'd have to run the numbers, but I'm not sure if this would short the IRS versus deducting wages paid at time and a half.    Usually, a state's Department of Labor (or similar) would go after him for something like this.  Also, this sounds like plain old fraud, so a criminal charge could be brought.  What's also interesting is how the franchise's CPA and/or Subway's corporate accounting handled this.  \"\"Phantom\"\" employees are a big no-no, but are more commonly used to hide embezzlement.  There are a number of tests auditors are supposed to perform to weed out phantom employees.  I wonder if they did and covered it up or if they never bothered to test.  Either is bad.  /lawyer and accountant\""}
{"_id": "248567", "title": "", "text": "\"&gt; They seem to have politics on their side.  **ALL** of The Musker's \"\"businesses\"\" are based on taxpayer subsidies, like Tesla, $7,500 per car.  so is solar and rockets...poor taxpayers paying the billionaire  that era is over with Trump in charge\""}
{"_id": "248578", "title": "", "text": "\"There are basically two ways to get value out of an appreciating asset such as a home: (a) Sell it and take the profit. In the case of a home, you presumably still have to live somewhere, so unless you buy a cheaper home to replace it, this doesn't get you anywhere. If you can get another house that is just as nice and in just as nice a location -- whatever you consider \"\"nice\"\" to be -- than this sounds like a winning option. If it means moving to a less desirable home, then you are getting the cash but losing the nice home. You'll have to decide if it's worth it. (b) Use it as collateral for a loan. In this case, that means a second mortgage, home equity loan, or a home equity line of credit. But this can be dangerous. House prices are very volatile these days. If the value of the house falls, you could be stuck with debts greater than your assets. In my humble opinion, you should be very careful about doing this. Borrowing against your house to send the kids to college or pay for your spouse's life-saving operation may be reasonable. Borrowing against your house to go on a fancy vacation is almost surely a bad idea. The vacation will be over within a couple of weeks, but you could be paying off the debt for decades.\""}
{"_id": "248584", "title": "", "text": "As of April 2017, they had an estimated 80 million subscribers. At $99 a year that puts it at just under $8 billion. Now, there are different deals that will bring the cost down from $99 for college students..etc. you can also pay $10 a month, which would make it $120 a year. So it gets a little more complicated than the simple equation above, but on average I'm sure it's right around $8 billion, plus or minus a couple hundred millions of dollars."}
{"_id": "248594", "title": "", "text": "&gt;corporate profits are down   [That's not true.](http://www.nytimes.com/2010/11/24/business/economy/24econ.html)  &gt;my problem with that statement is that if companies just pay their employees more it will 'create' demand  People having more money won't spend that money?  Especially people who are currently living paycheck to paycheck?  How do you reach this conclusion?  &gt;If companies pay their employees more for the same amount of output it will just drive up the cost of goods leaving us with the same shitty demand.   Also, how do you figure this?"}
{"_id": "248615", "title": "", "text": "\"As Mr. Money Money Mustache once said: IF YOU HAVE CREDIT CARD DEBT, YOU SHOULD FEEL LIKE YOUR HAIR IS ON   FIRE Student loan debt is different than credit card debt.  Rather than having spent the money on just about anything, it was invested in improving yourself and probably your financial future.  This was probably a good decision. However, unlike most credit card debt, if you ever have to file for bankruptcy, your student loans will not be erased.  They will follow you forever. Pay your debts off as quickly as you can.  While it may be true that \"\"long-term return on the stock market is about 7%\"\", you cannot assume that this will always be the case, especially in the short term.  What if you had made this assumption in 2007? To assume that your stocks will beat a 6.4% guaranteed return over the next few years is not really investing.  It's gambling.\""}
{"_id": "248619", "title": "", "text": "Conversions must be done during the calendar year. This would apply to both IRA and 401(k) accounts.  For IRAs, deposits may be made until 4/15, and the same holds for Solo 401(k) accounts. For conversions, the IRA permits a recharacterization, basically, a do-over, which reverses the conversion, any or all, in case you have any reason it should not have been done. That has a deadline of 10/15, i.e. 4/15 plus 6 month extension. The 401(k) conversion has no such provision. Simple answer 12/31 of the given year."}
{"_id": "248624", "title": "", "text": "\"Depending on where you are, you may be able to get away with filing a \"\"Doing Business As\"\" document with your local government, and then having the bank call the county seat to verify this. There is generally a fee for processing/recording/filing the DBA form, of course. But it's useful for more purposes than just this one. (I still need to file a DBA for my hobby work-for-pay, for exactly this reason.)\""}
{"_id": "248629", "title": "", "text": "If you have no net income or loss, you can usually get away without filing a tax return.  In Illinois, the standard is: Filing Requirements   You must file Form IL-1120 if you are a corporation that   has net income or loss as defined under the IITA; or   is qualified to do business in the state of Illinois and is required to file a federal income tax return (regardless of net income or loss).   http://tax.illinois.gov/Businesses/TaxInformation/Income/corporate.htm Just keep your filing fee and any business licenses up to date, paying those fees personally and not out of business money (that would make for a net loss and trigger needing a tax return).  Frankly, with how easy it is to register a new corp, especially an LLC which has many simplicity advantages from an S-corp in certain cases, you might still be better off shutting it down until that time."}
{"_id": "248630", "title": "", "text": "Life insurance is not an investment -- by definition, since the companies need to take a profit out of it, the average amount paid in exceeds the amount paid out, yielding a negative rate of return. Get life insurance if your death would cause severe financial hardship for someone. If you have sufficient savings that your wife could recover and move on with her life without hardship, and your kids are grown, you probably DO NOT need life insurance."}
{"_id": "248641", "title": "", "text": "It sounded like he was mostly just lobbying for them to quit fighting over bullshit he doesn't care about and get on to lowering corporate tax rates and instituting a repatriation holiday.  Stuff you'd expect him to be lobbying for, but not necessarily the best policies for the people he's pretending to advocate for."}
{"_id": "248645", "title": "", "text": "\"Now you're just splitting hairs on definition.  The definition of globalism and by extension globalist differs based on source and context.    Other possible definitions:  \"\"the attitude or policy of placing the interests of the entire world above those of individual nations.\"\"  \"\"Globalism is a group of ideologies that advocate the concept of globalization. It tends to advocate for such policies as increases in immigration, interventionism and global governance. Economically, globalism varies between free trade and lowering tariffs to Marxist proletarian internationalism. It is typically viewed as opposite of nationalism, and has become increasingly divisive in politics in many developed countries, such as the United States.\"\"  \"\"Political globalization is when governmental action takes place on a global level, where responsibilities, such as the welfare of citizens and economic growth, are acted upon by an international political body.\"\"  Globalism in a political discourse is diametrically opposed to nationalism and has very little to do with business owning interest in other nations other than the repercussions vis-a-vis tariffs and taxes.\""}
{"_id": "248651", "title": "", "text": "Many states have a simple method for assessing income tax on nonresidents.  If you have $X income in State A where you claim nonresident status and  $Y income overall, then you owe State A a fraction (X/Y) of the income  tax that would have been due on $Y income had you been a resident of State A.  In other words, compute the state income tax on $Y as per State A rules, and send us (X/Y) of that amount.  If you are a resident of State B, then State B  will tax you on $Y but give you some credit for taxes paid to State A. Thus, you might be required to file a State A income tax return regardless of how small $X is.  As a practical matter, many commercial real-estate  investments are set up as limited partnerships in which most of the annual taxable income is a small amount of portfolio income (usually interest income that you report on Schedule B of Form 1040), and the annual  bottom line is lots of passive losses which the limited partners report (but do not get to deduct) on the Federal return.  As a result, State A is unlikely to come after you for the tax on, say, $100 of interest income each year because it will cost them more to go after you than they will  recover from you. But, when the real estate is sold, there will (hopefully) be a big capital gain, most of which  will be sheltered from Federal tax since the passive losses finally get  to be deducted.  At this point, State A is not only owed a lot of money (it knows nothing of your passive losses etc) but, after it processes the income tax return that you filed for that year, it will likely demand that you file income tax returns for previous years as well."}
{"_id": "248656", "title": "", "text": "Have you checked the reviews for those products? I wonder if other people have the same complaints. TBH I don't know if there is a consumer protection agency that tests all the products for effectiveness and whether their claims regarding chemicals are in fact true."}
{"_id": "248658", "title": "", "text": "\"Yeah, in high school my AP Government/Honors Gifted Economics teacher was all \"\"Economics? Economics is worthless now, study for your AP test.\"\"  It'd be cool if someone took all of these economic unions and compared them. But as it stands right now, it seems that in the EU the only country with a head on its shoulders, economically, is Germany.\""}
{"_id": "248662", "title": "", "text": "Seems that Europe is pretty sick and on it's death bed (both economically and morally; which for some reason these tend to be treated as separate entities these days)...   I've heard that a specter is haunting it's inner chambers, has been for some time, the specter of global capitalism (dead labour sucking the life out of living labour)"}
{"_id": "248663", "title": "", "text": "I'll chime in and say that my wife and I thought this was a really dumb idea, until we tried it. I was keeping track of everything in my checkbook ledger, but having the physical money in the envelopes really does work! We thought it would be more hassle than it's worth, and there were hiccups the first month or two, but in the end we both agree this is what started our movement towards responsible money management and debt reduction. We have the following Categories:  Obviously, ymmv, but the point is to take any categories in your budget that are hard to budget for, as they vary from month to month, and just set aside an amount form your paycheck, in cash, for each one of those categories in an envelope.  What I've noticed is that by putting the money aside up front, it's MUCH easier to stick to the budget. We'll often shuffle money around in the envelopes if priorities change for a particular month as well, so rather than taking money away from an extra payment on a debt or our planned savings transfer, which would have been our default action pre-envelopes, we can just move $XX from Date Night into Groceries if we have to, hence, planning out how we'll spend our money, budgeting, has gotten a LOT easier since adopting this system."}
{"_id": "248664", "title": "", "text": "People will never stop being items they need. Clothes,Computers, Phones, Cars, Furniture etc.  The problem the way I see it is that we lost mainstream culture. In general, we define our identify via the goods we purchase. Are we iOS or Android, Bike or Car, Vegetarian or Meat, Democrat or Rebublican. Nothing matters anymore. Today you can be anything you want and you will find a community that supports your worldviews. Grunge is not dead, as Punk or Goth is not dead, even Juggalos or fist pumping guido's have their space. Retail is fragmented obliterating the need for large Department stores."}
{"_id": "248677", "title": "", "text": "Speculation means putting your money on a hunch that some event may occur, depending on current circumstances and some future circumstances. So either you win huge or lose a lot. Investment is a conscious decision made on well defined research and grounded on good reasons i.e. economy, industry, company reports etc.  Here is a link on wikipedia with more details on  Speculation."}
{"_id": "248678", "title": "", "text": "Everyone is usually better off without insurance.  A very few people are much better off with insurance.  Insurance is a gamble and when you lose, you win.  Very few people lose badly enough to win.  Most people just pay money into insurance and never get as much back as they pay in.  For most people, in most lives, insurance is a bad deal.  The reason people crave insurance is because they cannot calculate the probability of something bad happening as well as an actuary can do so.  The gap in knowledge between you and and actuary is what make insurance providers rich and you poor.  They are smart, you are not.  You think some terrible thing is going to happen to you, they know it probably won't.  So they sell you a product you probably will never need.  Anyhow, most people can't understand probability, and how to analyze risk, so they won't get what I'm saying here. Understanding the real cost of risk is the first lesson in understanding money and wealth.  Rich people usually understand the value and cost of risk.  Hence, they only buy insurance when they expect to lose, that is, to win.  We rich people do everything only when we know already we are going to win.  We don't gamble, unless we are the house.  When a self-made rich man buys something, its because he knows already he is going to come out ahead on it, most probably."}
{"_id": "248683", "title": "", "text": "Clutch Bags is the top quality manufacturer and seller of all kind bags in the United States. Nowadays, what with cell phones, wallets and other necessities, it's much more difficult to go out with a tiny bag. So you should use the Clutch purse,  which is can cover your small product. We have a great range of bags such as Best design bag, handmade clutches with interesting styles are all available on our company website."}
{"_id": "248685", "title": "", "text": "They don't need to know how to actually write code, but they should understand the process of writing code. I don't expect a CEO to understand each line in the chain of the distribution centers but I do expect them to understand the process enough to make a logical decision.  CEO's don't need to be able to write code, but they should understand what it takes to get that code to a production environment and what risks are involved with different types of code pushes."}
{"_id": "248697", "title": "", "text": "Maybe there's more to this story, because as written, your sister seems, well, a little irrational. Is it possible that the bank will try to cheat you and demand that you pay a loan again that you've already paid off? Or maybe not deliberately cheat you, but make a mistake and lose track of the fact that you paid? Sure, it's POSSIBLE. But if you're going to agonize about that, what about all the other possible ways that someone could cheat you? What if you go to a store, hand over your cash for the purchase, and then the clerk insists that you never gave him any cash? What if you buy a car and it turns out to be stolen? What if you buy insurance and when you have a claim the insurance company refuses to pay? What if someone you've never met or even heard of before suddenly claims that you are the father of her baby and demands child support? Etc etc. Realistically, banks are fanatical about record-keeping. Their business is pretty much all about record-keeping. Mistakes like this are very rare. And a big business like a bank is unlikely to blatantly cheat you. They can and do make millions of dollars legally. Why should they break the law and risk paying huge fines and going to prison for a few hundred dollars? They may give you a lousy deal, like charge you outrageous overdraft fees and pay piddling interest on your deposit, but they're not going to lie about how much you owe. They just don't. I suggest that you not live your life in fear of all the might-be's. Take reasonable steps to protect yourself and get on with it. Read contracts before you sign, even if the other person gets impatient while you sit there reading. ESPECIALLY if the other person insists that you sign without reading. When you pay off a loan, you should get a piece of paper from the bank saying the loan has been paid. Stuff this piece of paper in a filing cabinet and keep it for years and years. Get a copy of your credit report periodically and make sure that there are no errors on it, like incorrect loan balances. I check mine once every year or two. Some people advise checking it every couple of months. It all depends how nervous you are and how much time you want to spend on it. Then get on with your life. Has your sister had some bad experience with loans in the past? Or has she never borrowed money and she's just confused about how it works? That's why I wonder if there's more to the story, if there's some basis for her fears."}
{"_id": "248729", "title": "", "text": "I would also like to have this discussed, alongside the issue that the US has gone into some type of [recession](https://upload.wikimedia.org/wikipedia/commons/c/c0/US_Treasuries_to_Federal_Funds_Rate.png) roughly every ten year. So with the prospect of a possible recession with a close to 0% cash rate looming, what tools will the FED employ to keep Banks borrowing while maintaining inflation rates?"}
{"_id": "248751", "title": "", "text": "I used to work at a Wendy's. I recently told a Co-Worker and they were asking for all the horror stories. Honestly, nothing foul happened there at all. Food is prepped fresh, very few things are microwaved. They were surprised the chili was made on premises and not dumped from huge can or something. It was clean. I still eat at Wendys too. Good shit."}
{"_id": "248758", "title": "", "text": "\"The answer is in your question: derivatives are contracts so are enforced in the same way as any other contract.  If the counterparty refuses to pay immediately they will, in the first instance be billed by any intermediary (Prime Broker etc.) that facilitated the contract. If they still refuse to pay the contract may stipulate that a broker can \"\"net off\"\" any outstanding payments against it or pay out using deposited cash or posted margins. The contract will usually include the broker as an interested party and so they can, but don't need to, report a default (such that this is) to credit agencies (in some jurisdictions they are required to by law). Any parties to the trade and the courts may use a debt collection agency to collect payments or seize assets to cover payment. If there is no broker or the counterparty still has not paid the bill then the parties involved (the party to the trade and any intermediaries) can sue for breach of contract. If they win (which would be expected) the counterparty will be made to pay by the legal system including, but not limited to, seizure of assets, enforced bankruptcy, and prison terms for any contempts of court rulings. All of this holds for governments who refuse to pay derivatives losses (as Argentina did in the early 20th century) but in that case it may escalate as far as war. It has never done so for derivatives contracts as far as I know but other breaches of contract between countries have resulted in armed conflict. As well as the \"\"hard\"\" results of failing to pay there are soft implications including a guaranteed fall in credit ratings that will result in parties refusing to do business with the counterparty and a separate loss of reputation that will reduce business even further. Potential employees and funders will be unwilling to become involved with such a party and suppliers will be unwilling to supply on credit. The end result in almost every way would be bankruptcy and prison sentences for the party or their senior employees. Most jurisdictions allow for board members at companies in material breach of contract to be banned from running any company for a set period as well. edit: netting off cash flows netting off is a process whereby all of a party's cash flows, positive and negative, are used to pay each other off so that only the net change is reflected in account balances, for example: company 1 cash flows netting off the total outgoings are 3M + 500k = 3.5M and total incomings are 1.2M + 1.1M + 1.2M = 3.5M so the incoming cash flows can be used to pay the outgoing cash flows leaving a net payment into company1's account of 0.\""}
{"_id": "248761", "title": "", "text": "You can claim a deduction only if all of your business is conducted from the home, i.e. your home is your principal place of business - not just if you work from home sometimes. The CRA (Canada Revenue Agency) has pretty strict guidelines listed here, but once you're sure you qualify for a deduction, the next step would be to determine what portion of your home qualifies.   You cannot attempt to deduct your entire mortgage simply because you run your business out of your home.  The portion of your mortgage and other related & allowable home expense deductions has to be pro-rated to be equal to or less than the portion of your home you use for business.  Simply put, if your business is operated out of a 120 sq-ft self-contained space, and your home's total square-footage is 2400 sq-ft, you can deduct 5% of your expenses (120/2,400 = 0.05). Hope this helps!"}
{"_id": "248768", "title": "", "text": "Unfortunately, humans need motivation to maintain efficiency. Nothing is perfect, but the best motivation to keep the entire system as efficient and sustaining as possible has been the system where competition is promoted. The reason why we are in the mess we are in is because the government has failed to promote competition either by creating monopolies or oligopolies itself or letting industries become less competitive."}
{"_id": "248769", "title": "", "text": "**http://www.newpa.com/business/growing-business/download-guide**  You want practical? This is nuts and bolts and geared to someone starting their own business from scratch.  It is put out by the Commonwealth of Pennsylvania so it is very Pennsylvania oriented.  You might want to check and see what kinds of similar business publications your state, province, or territory has for free.  Do not discount this kind of information. The price is right."}
{"_id": "248775", "title": "", "text": "&gt;don't complain about other people offering jobs.  That's just senseless. If a corporation pays poverty wages that I am then required to subsidise through my taxes, then I am entitled to complain. As a society, we are foolish to allow any corporation to pay less than a living wage."}
{"_id": "248794", "title": "", "text": "Forex is really not that volatile compared to other major asset classes like stocks and commodities. But still markets are generally unencumbered in the major pairs and therefore spikes in volatility can happen. Take what happened with the Swiss Franc a few years ago for example, or GBPUSD recently with news of Brexit. This is less the case with highly regulated currencies like the Chinese Yuan (CNY) Volatility is caused by excessive buy or sell pressure in relation to the available liquidity at the current price. This is usually caused by large buy or sell orders placed with interbank desks by institutions (often including other banks) and central banks. News can also sometimes have a dramatic impact and cause traders to adjust their prices significantly and very quickly."}
{"_id": "248799", "title": "", "text": "\"I don't think the advice to take lots more risk when young makes so much sense. The additional returns from loading up on stocks are overblown; and the rocky road from owning 75-100% stocks will almost certainly mess you up and make you lose money. Everyone thinks they're different, but none of us are. One big advantage of stocks over bonds is tax efficiency only if you buy index funds and don't ever sell them. But this does not matter in a retirement account, and outside a retirement account you can use tax-exempt bonds. Stocks have higher returns in theory but to have a reasonable guarantee of higher returns from them, you need around a 30-year horizon. That is a long, long time. Psychologically, a 60/40 stocks/bonds portfolio, or something with similar risk mixing in a few more alternative assets like Swenson's, is SO MUCH better. With 100% stocks you can spend 10 or 15 years saving money and your investment returns may get you nowhere. Think what that does to your motivation to save. (And how much you save is way more important than what you invest in.) The same doesn't happen with a balanced portfolio. With a balanced portfolio you get reasonably steady progress. You can still have a down year, but you're a lot less likely to have a down decade or even a down few years. You save steadily and your balance goes up fairly steadily. The way humans really work, this is so important. For the same kind of reason, I think it's great to buy one fund that has both stocks and bonds in there. This forces you to view the thing as a whole instead of wrongly looking at the individual asset class \"\"buckets.\"\" And it also means rebalancing will happen automatically, without having to remember to do it, which you won't. Or if you remember you won't do it when you should, because stocks are doing so well, or some other rationalization. Speaking of rebalancing, that's where a lot of the steady, predictable returns come from if you have a nice balanced portfolio. You can make money over time even if both asset classes end up going nowhere, as long as they bounce around somewhat independently, so you'll buy low and sell high when you rebalance. To me the ideal is an all-in-one fund that aims for about 60/40 stocks/bonds level of risk, somewhat more diversified than stocks/bonds is great (international stock, commodities, high yield, REIT, etc.). You can just buy that at age 20 and keep it until you retire. In beautiful ideal-world economic theory, buy 90% stocks when young. Real world with human brain involved: I love balanced funds. The steady gains are such a mental win. The \"\"target retirement\"\" funds are not a bad option, but if you buy the matching year for your age, I personally wish they had less in stocks. If you want to read more on the \"\"equity premium\"\" (how much more you make from owning stocks) here are a couple of posts on it from a blog I like: Update: I wrote this up more comprehensively on my blog,\""}
{"_id": "248800", "title": "", "text": "\"&gt;However, unfortunately, teaching is provided by the government mostly, they pay terrible salaries for teachers and the government would like to cut costs.   &gt;So my guess is that there will be a push for less teachers, or \"\"on-line\"\" teacher conference-call, and other crap, but they will definitely teach for technology to replace teachers.  I think the solution to education lies somewhere in between human interaction and automation. It's a complex problem which need a thorough analysis to figure out the way forward. Our education system is definitely broken and perhaps automation is could be the answer.\""}
{"_id": "248810", "title": "", "text": "Dude. This is so true. My husband works out of town so I'm basically a single mom. I wake up, get myself ready, our three kids ready, drop them off at daycare and school, rush to work, rush from work, pick them up from after school care (2 different places). By the time I get home it's already 6pm. Then I have to feed/bath/do homework with my munchkins   Oh did I mention I'm also a Junior college student taking 18 hours?! So the second I get them handled I have to work on my class work, sometimes until 3am.   Then on Saturdays  I photograph weddings! Sunday morning we visit my grandmother in law. So on Sunday evenings and on Saturdays I don't have to work a wedding, I am doing housework, grocery shopping, etc. Any convenience I can afford I will use! Anything that helps me get a moment to breathe or play with my kids I'm grateful for.   I'm not going to use this Amazon feature bc it freaks me out but I am not that far from being that desperate lol."}
{"_id": "248817", "title": "", "text": "$USD, electronic or otherwise, are not created/destroyed during international transactions. If India wants to buy an F-16s, at cost $34M USD, they'll have to actually acquire $34M USD, or else convince the seller to agree to a different currency. They would acquire that $34M USD in a few possible ways. One of which is to exchange INR (India Rupees) at whatever the current exchange rate is, to whomever will agree to the opposite - i.e., someone who has USD and wants INR, or at least is willing to be the middleman. Another would be to sell some goods or services in the US (for USD), or to someone else for USD.  Indian companies undoubtedly do this all the time. Think of all of those H1B workers that are in the news right now; they're all earning USD and then converting those to INRs.  So the Indian government can just buy their USD for INR, directly or more likely indirectly (through a currency exchange market). A third method would be to use some of their currency stores. Most countries have significant reserves of various foreign currencies on hand, for two reasons: one to simplify transactions like this one, and also to stabilize the value of their own currency. A less stable currency can be stabilized simply by the central bank of that country owning USD, EUR, Pounds Sterling, or similar stable-value currencies. The process for an individual would be essentially the same, though the third method would be less likely available (most individuals don't have millions in cash on hand from different currencies - although certainly some would).  No government gets involved (except for taxes or whatnot), it's just a matter of buying USD in exchange for INRs or for goods or services."}
{"_id": "248818", "title": "", "text": "Before this agreement, every country had laws on tax-ability of income [including Global incomes]. Quite a few individuals would get away and did not report such income and pay tax if due. In fact quite a few Multi National banks actively created products that helped US Citizens to move money outside and skip reporting. U.S. in order to step up this effort enacted FATCA; essentially as a compliance mechanism, it started with US Head quartered banks operating globally and made reporting mandatory. It stepped up efforts with other countries to ensure foreign banks also enhance reporting of US nationals.  See the benefits, quite a few countries joined up together and as part of OECD, came up with CRS. Thus going forward it will enable tax authorities in member countries to exchange financials impacting taxes. The scope is also for Companies / Organization as quite a few Companies hide away income outside the domiciled country. I have heard a rumor that due to the upcoming Common Reporting Standard the details of bank accounts, including all transactions, will be reported all around the industrialized world and want to know if this is true. Yes this is true and it is not a rumor. The exact amount of data and type of data will be agreed between member countries. However a broad framework exists on what needs to be shared. Is it really true that the Common Reporting Standard is going to cause things like this to happen?  It is very important to note; There is no new Tax Legislation. Even without FATCA/CRS, a honest tax payer was bound to pay legitimate tax due as per the existing tax provisions of the country along with the provisions of DTAA [Dual Tax Avoidance Agreements]. The CRS only enables monitoring and compliance. So if one was already tax compliant, there is nothing to worry. If one was exploiting the loop hole; how will authorities know ... well this will be curbed going forward. As a note, Canada and Australia will start CRS reporting from 2018."}
{"_id": "248822", "title": "", "text": "Doctor Randy Davis Welcome to this blog space focusing on the work and philanthropic efforts of Doctor Randy Davis. If you have never heard of Doctor Randy Davis before, he is a well-respected orthopedic surgeon who works for the Baltimore Washington Medical Center. Dr. Davis has been at the Baltimore Washington Medical C Center since 1983, and he has served in a variety of capacities."}
{"_id": "248826", "title": "", "text": "John R. Lott, Jr. and Russell D. Roberts argue that popcorn in movie theaters has a price commensurate with its much higher cost. See also Lott's criticism of the Gil and Hartmann paper."}
{"_id": "248848", "title": "", "text": "\"&gt;but we can always produce more classrooms.  can we?  we certainly can't at a moment's notice, those things take time.  time represents risk.  education could be just another bubble like real estate, is it worth taking the risk of building more classrooms considering the possibility that, in 2 years, the demand may drop, because people have realized that education does not necessarily correlate to motivation?  in fact, that's already happened a few times recently.  for example, the tech bubble of the ... memory fades, late 90s, right?  while the bubble was growing, and computers were going from either toys that geeks played with or tools of business to things that everybody \"\"had to\"\" have, it looked like programming (and related skills) might soon be highly valued- so schools started popping up to meet that demand.  but by the time those students were ready to enter the market, the bubble had burst, and while still not a bad career, it was nowhere near the easy ride that many of the students had envisioned.  the schools got their money, but people saw that the promise of an education doesn't always meet expectations- and a lot more people are seeing that right now, as record numbers of graduates can't find jobs- are schools going to bet on neverending growth?  i don't think so.  they might milk it while it lasts, though.  meh, it's late and i haven't articulated my thoughts very well here, feel free to pick it apart.\""}
{"_id": "248853", "title": "", "text": "The trend in ETFs is total return: where the ETF automatically reinvests dividends.  This philosophy is undoubtedly influenced by that trend. The rich and retired receive nearly all income from interest, dividends, and capital gains; therefore, one who receives income exclusively from dividends and capital gains must fund by withdrawing dividends and/or liquidating holdings. For a total return ETF, the situation is even more limiting: income can only be funded by liquidation. The expected profit is lost for the dividend as well as liquidating since the dividend can merely be converted back into securities new or pre-existing.  In this regard, dividends and investments are equal. One who withdraws dividends and liquidates holdings should be careful not to liquidate faster than the rate of growth."}
{"_id": "248855", "title": "", "text": "It is beyond US. US is simply not a large enough global player to try to regulate everything. The world will simply bypass US and remove it from global supply chain.  Syngenta, Chemchina, Bayer are not US companies. The world largest chemical producer and buyers are not US companies. Recent merger like Dowdupont, monsanto, in the US is simply an indication the lack of competitive pricing.  BASF, Chemchina, etc are killing it in the global market. Dupont sale to DOW is really  a bailout of bleeding company.  Monsanto is next in line.  They won't make it against Syngenta-chemchina.  US chemical industry is simply shrinking, can't compete globally.  http://cen.acs.org/content/cen/articles/95/i19/Top-50-US-chemical-producers.html"}
{"_id": "248863", "title": "", "text": "Large businesses are, in every model, considered to be less likely to default, and Lehman brothers etc notwithstanding, this is historically correct.    However, this is still stupid, since the diversification of lending money to many small businesses is way better.  This, in turn, is not mapped properly by the regulations on reserve capital.    Tl;dr:  Banks get punished by regulations if they lend money to small institutions instead of large ones."}
{"_id": "248877", "title": "", "text": "\"Well, I doubt the Democrats are going to run for reelection on the state of the economy. If we see that we'll know the statistics aren't baloney. All past \"\"recoveries\"\" featured the party in power running for election on that. I suspect their pollsters are telling them it would be political suicide since you don't see it.\""}
{"_id": "248910", "title": "", "text": "\"I think what those articles are saying is: \"\"If you want to leave some money to charity and some to relatives, don't bequeath a Roth to charity while bequeathing taxable accounts to relatives.\"\"  In other words, it's not \"\"bad\"\" to leave a Roth IRA to charity, it's just not as good as giving it to humans, if there are humans you want to give money to. In your situation, the total amount you want to leave to relatives is less than the value of your Roth.  So it sounds like the advice as it applies to you is: \"\"Don't leave your relatives $30K from your taxable funds while leaving the whole Roth to charity.  Instead, leave $30K of your Roth to your relatives, while leaving all the taxable funds to charity (along with the leftover $20K of the Roth).\"\"  In other words, the Roth is a \"\"last resort\"\" for charitable giving --- only give away Roth money to charity if you already gave humans all the money you want to give them.  (I'm unsure of the details of how you would actually designate portions of the Roth for different beneficiaries, but some googling suggests it is possible.)\""}
{"_id": "248916", "title": "", "text": "It sounds sensible to me...  If we are hiring Rolls Royce to build an engine we might as well get them to design it, to capitalise on their expertise. If Wings Incorporated is making the wings then surely they are well placed to design them, as long as they follow the 'compatibility guidelines' for the project.  Building Boeing's own blueprints would be like Microsoft giving Nvidia a circuit diagram for the graphics card to go in their tablet - Nvidia are the pest people to do this, Microsoft don't have the same level of organisational knowledge.  Of course it matters how you manage this process..."}
{"_id": "248935", "title": "", "text": "Organize your expenses in order of the rate of return, and pay them in that order.  By far the highest rate of return on your list is: Nowhere else are you going to see an immediate 100% return (or 50%, depending on the company's matching policy) on every dollar you allocate to this pot. Second would probably be: Money that you do not allocate here will usually incur a 15%-29% penalty.  Outside of large expenses like a home, education, or a reasonable car, you never want to pay to use your own money (and borrowed money is still yours, remember that someday you have to pay all of it back).  Avoiding a negative rate of return (interest) can be just as beneficial as finding a high positive rate of return on an investment. Continue down the list determining what must be paid first, and what the highest rates are in the immediate future and the long run.  Meanwhile, live within your means, and set aside a portion of your monthly income towards things like a rainy day fund (up to a level which is not touched when reached).  Additional savings through work or your personal investments should not be neglected (money saved early and compounded is worth many times what a dollar saved down the road will gain) especially if you are young in your career."}
{"_id": "248938", "title": "", "text": "\"I used to travel a lot for work, in '14 I spent 35 work weeks on the road, so I know air travel pretty well. Thing is, anyone who travels that often generally doesn't need to pay for a better seat. I got upgraded to first class for free about 50% of the time, some trips I'd get first class on all the flights. At the worst, you're sitting in the coach \"\"plus\"\" with larger seats, more legroom, and often free drinks. Regular fliers don't sit in the back by the bathrooms, they're sitting further up right behind first class. Either you travel infrequently enough that you can suck it up for a coach flight every so often, or you're traveling often enough that you don't need to worry about it.\""}
{"_id": "248944", "title": "", "text": "I heard a very smart business guy (prof from UPenn) tell us that GE's lack of focus (what does GE do?) probably hurt the stock price.  He said that splitting the company up into multiple more focused companies would probably help overall value.  They'd be more susceptible to variations in the businesses though, so risk to the individual parts would go up.  So I don't know how right that guy was.  GE definitely can't seem to excite the market no matter how many times it tries to reinvent itself."}
{"_id": "248962", "title": "", "text": "\"What is your biggest wealth building tool?  Income.  If you \"\"nerf\"\" your income with payments to banks, cable, credit card debt, car payments, and lattes then you are naturally handicapping your wealth building.  It is sort of like trying to drive home a nail holding a hammer right underneath the head.   Normal is broke, don't be normal. Normal obtains student loans while getting an education.  You don't have to.  You can work part time, or even full time and get a degree. As an example, here is one way to do it in Florida.  Get a job working fast food and get your associates degree using a community college that are cheap.  Then apply for the state troopers.  Go away for about 5 months, earning an income the whole time.  You automatically graduate with a job that pays for state schools.  Take the next three years (or more if you want an advanced degree) to get your bachelors.  Then start your desirable career. What is better to have \"\"wasted\"\" approx 1.5 years being a state trooper, or to have a student loan payment for 20 years?  There is not even pressure to obtain employment right after graduation.  BTW, I know someone who is doing exactly what I outlined. Every commercial you watch is geared toward getting you to sign on the line that is dotted, often going into debt to do so.  Car commercials will tell you that you are a bad mom or not a real man if you don't drive the 2015 whatever.   Think differently, throw out your numbers and shoot for zero debt. EDIT:  OP, I have a MS in Comp Sci, and started one in finance.  My wife also has a masters.  We had debt.  We paid that crap off.  Work like a fiend and do the same.  My wife's was significant.  She planned on having her employer pay it off for each year she worked there.  (Like 20% each year or something.)  Guess what, that did not work out!  She went to work somewhere else!  Live like you are still in college and use all that extra money to get rid of your debt.  Student loans are consumer debt.\""}
{"_id": "248965", "title": "", "text": "But as a worker, could I go out with the intention of not being represented by the union and once hired, negotiate my own contract and not pay the agency fee? Could an employer refuse employment to an employee who wishes to negotiate outside of the union contract?"}
{"_id": "249006", "title": "", "text": "\"This summer I used a loan from my 401(k) to help pay for the down payment of a new house. We planned on selling a Condo a few months later, so we only needed the loan for a short period but wanted to keep monthly payments low since we would be paying two mortgages for a few months. I also felt like the market might take a dip in the future, so I liked the idea of trying to cash out high and buy back low (spoiler alert: this didn't happen). So in July 2017 I withdrew $17,000 from my account (Technically $16,850.00 principal and $150 processing fee) at an effective 4.19% APR (4% rate and then the fee), with 240 scheduled payments of $86.00 (2 per month for 10 years). Over the lifetime of the loan the total finance charge was $3,790, but that money would be paid back into my account. I was happy with the terms, and it helped tide things over until the condo was sold a few months later. But then I decided to change jobs, and ended up having to pay back the loan ~20 weeks after it was issued (using the proceeds from the sale of the condo). During this time the market had done well, so when I paid back the funds the net difference in shares that I now owned (including shares purchased with the interest payments) was $538.25 less than today's value of the original count of shares that were sold to fund the loan. Combined with the $150 fee, the overall \"\"cost\"\" of the 20 week loan was about 4.05%. That isn't the interest rate (interest was paid back to my account balance), but the value lost due to the principal having been withdrawn. On paper, my account would be worth that much more if I hadn't withdrawn the money. Now if you extrapolate the current market return into 52 weeks, you can think of that loan having an APR \"\"cost\"\" of around 10.5% (Probably not valid for a multi year calculation, but seems accurate for a 12 month projection). Again, that is not interest paid back to the account, but instead the value lost due to the money not being in the account. Sure, the market could take a dip and I may be able to buy the shares back at a reduced cost, but that would require keeping sizable liquid assets around and trying to time the market. It also is not something you can really schedule very well, as the loan took 6 days to fund (not including another week of clarifying questions back/forth before that) and 10 day to repay (from the time I initiated the paperwork to when the check was cashed and shares repurchased). So in my experience, the true cost of the loan greatly depends on how the market does, and if you have the ability to pay back the loan it probably is worth doing so. Especially since you may be forced to do so at any time if you change jobs or your employment is terminated.\""}
{"_id": "249017", "title": "", "text": "\"Your arrangements with the bank are irrelevant. Whoever is named on the title of the vehicle owns it. If she is the \"\"primary\"\", then I assume her name is on the title, therefore she owns the car. If you drive off with the car and it is titled in her name, she can report it stolen and have you arrested for grand theft auto unless you have a dated and signed permission in writing from her to use the car. Point #2: If a car loan was involved, then you didn't \"\"purchase\"\" the car, the bank did. If you want to gain ownership of the car, then you need to have her name removed from the title and have yours put in its place. Since the bank has possession of the title, this will require the cooperation of both your girlfriend and the bank.\""}
{"_id": "249025", "title": "", "text": "The Medicare deduction you see is a tax, not a monthly premium you are paying for your own Medicare coverage."}
{"_id": "249054", "title": "", "text": "\"You have 1998-2011 income-contingent student loans, where the interest rate is the lower of (1% + base rate) or RPI (retail price inflation). For the next few years the it's likely to be (1% + base rate) as interest rates stay low and inflation shoots up. These loans only need to be repaid in proportion to your salary, and if they aren't repaid for long enough (e.g. the holder takes a career break for children) they are written off. So all-in-all, they are pretty good debt to have: low interest rate, and you might not have to repay them ever. It's likely that your mortgage will have a significantly higher rate than the student loan, so you'd be better off reducing your mortgage. Also, the higher deposit might mean you can get a lower interest rate on the whole mortgage because the lender will see you as a lower risk, so the return from \"\"investing\"\" it in your mortgage would be even greater than the raw interest rate. Having the student loan outstanding might make some difference to the \"\"affordability\"\" check for your mortgage payments, but lenders will be very familiar with how they work. Reducing your mortgage payments with the higher deposit should easily counterbalance that. Your own suggestion is to invest the \u00a330K in a \"\"reasonably safe portfolio\"\" making 5%. There'll inevitably be some risk in that - 5% is a relatively high return in today's climate - but if you're willing to take that risk, you can investigate the effect on your mortgage to see if it's worth it or not.\""}
{"_id": "249055", "title": "", "text": "Yes, it's possible. However, it's not likely, at least not for most people. Earning a million is not that difficult, but when you talk about billions that's an entirely different story. I think the key point that you're missing is leverage. It's common knowledge that Warren Buffett likes to have a huge cash warchest at his disposal and does not soak himself in debt. However, in his early years Buffett did not get to where he's at by investing only his own money. He ran what was basically a hedge fund and leveraged other peoples' money in the market. This magnified his returns quite substantially. If you look at Buffett's investments, you'll notice that he had a handful of HUGE wins in his portfolio and many more just mediocre success stories. Not everything he invested in turned to gold, but his portfolio was rocketed by the large wins that continued to compound over many years because he held them for so long. Also, consider the fact that Buffett's wealth is largely measured in Berkshire stock. This stock is a reflection of anticipated future earnings by the company. There's no way that alone could turn   $10k in 1950 into $50B today... could   it? Why not? Take the two founders of Google for example, they became billionaires in short order when Google had it's IPO and basically started in a garage with very little cash. Of course, they didn't do this by buying and selling shares. There are many paths to earnings enormous sums of money like the people you're talking about, but one characteristic that the richest people in society seem to have in common is that they all own their own companies."}
{"_id": "249062", "title": "", "text": "SUOMI MAINITTU TORILLE PERKELE!!! I am the annoying finnish bot with no real purpose. [/r/suomi | /r/finland]  ^^I ^^am ^^a ^^bot  ^^|  [^^Exclude ^^me, ^^you're ^^annoying ^^as ^^fuck](https://www.reddit.com/message/compose/?to=perkele_bot&amp;subject=!exclude_me) ^^&lt;&lt;&lt;&lt;&lt; ^^Button ^^to ^^exclude ^^you ^^from ^^this ^^bot's ^^eyes  ^^Feedback ^^can ^^be ^^sent ^^to ^^/u/JuhaJGamer ^^via ^^PM"}
{"_id": "249063", "title": "", "text": "I'd take the match, but I wouldn't contribute beyond your match, for two reasons:"}
{"_id": "249083", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/09/29/Interconnectedness-of-Global-Systemically-Important-Banks-and-Insurers-45223) reduced by 58%. (I'm a bot) ***** &gt; Interconnectedness among global systemically important banks and global systemically important insurers has important financial stability implications.  &gt; This paper examines connectedness among United States, European and Asian GSIBs and GSIIs, using publicly-available daily equity returns and intra-day volatility data from October 2007 to August 2016.  &gt; Lastly, the paper demonstrates significant influence of economic policy uncertainty and U.S. long-term interest rates on total connectedness among systemically important institutions, and the important role of bank profitability and asset quality in driving bank-specific return connectedness.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73blof/imfinterconnectedness_of_global/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219245 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **connectedness**^#1 **important**^#2 **among**^#3 **paper**^#4 **GSIBs**^#5\""}
{"_id": "249089", "title": "", "text": "I received an allowance growing up.  There were stipulations on what I had to do with it that helped instill the values my parents wanted - in their case they were hoping to teach me to give money to my church, so I had a mandatory amount that I had to give when I received the allowance.  To this day I still give money to the church, so I guess it stuck. The allowance was tied to my doing some basic chores around the house - but loosely.  It wasn't a reward for doing those chores, but it would be taken away if I didn't do them.  Before I was of a legal working age I could do larger unusual tasks around the house for more money.   The relationship between chores and some form of allowance is, I think, tricky.  I don't think kids should be taught that the only reason to work is to earn money.  They won't earn money for keeping their future homes clean or by volunteering at the local food bank, but these are both good things to do.  At the same time it is good to teach that work has a reward and that lack of work means lack of a reward. My parents set up a savings account for me quite early.  Largely what went in there was birthday cash from relatives (a great thing to talk to any family members who might give your kids gifts about) and the income from my once-yearly sale of baked goods at a craft fair.  These were bigger amounts of money that I could take pride in depositing, and keeping them in a bank helped prevent me from spending them willy-nilly. I also got a credit card at the age of 16 (only allowed in some states in the US, not sure about internationally).  My parents oversaw my spending habits with it and made sure I always paid in full and on time.  The money I spent was tied to my summer work in high school and college.  I thought it was extremely valuable to learn how to manage a credit card before college when the card companies often seem to prey on young customers."}
{"_id": "249097", "title": "", "text": "Your initial premise (mid-cap and small-cap company stocks have outperformed the market) is partially correct - they have, over many 40 yr periods, provided higher returns than large caps (or bond funds). The important thing to consider here is that risk adjusted, the returns from a diversified portfolio are far more robust - with proper asset allocation you and expect high returns and reduce your risk simultaneously.  Imagine this scenario - you decide to stick to small / mid caps for 10 - 15 yrs and move into a more diversified portfolio then. Had you made that decision during a sustained period of poor small cap performance (late 80s or the 40's) you would have lost a boatload of return, as those were periods were small / mids underperformed the market as a whole, and large caps in particular. As an example, from 1946 to 1958 large caps outperformed small every single year. If 2016 were to be the first year of a similar trend, you've done yourself a major disservice.  Since the dot com crash small /mids have outperformed for sure, pretty much every year - but that doesn't mean that they will continue to do so. The reason asset allocation exists is precisely this - over a 40 yr period, no single asset class outperforms a diversified portfolio.  If you attempt to time the market, even if you do so with a multi-decade time horizon in mind, there a good chance that you will do more poorly."}
{"_id": "249104", "title": "", "text": "Atlantic Radio Communications is a leading distributor of two way radio systems and wireless technology products and services. We are an authorized dealer for Hytera and Vertex Standard two way radios and EZ Fleet GPS Tracking. We are the experts who can guide and assist with all of your communication needs. We provide our customers with reliable and cost effective wireless solutions. We\u2019ll help you make the best choice possible for your wireless demands.  CONTACT US: Atlantic Radio Communications, Corp. 951 NW 51st Place, Suite B Fort Lauderdale, FL 33309 954-351-0501"}
{"_id": "249106", "title": "", "text": "In general, you can only be charged for services if there is some kind of contract. The contract doesn't have to be written, but you have to have agreed to it somehow. However, it is possible that you entered into a contract due to some clause in the home purchase contract or the contract with the home owners' association. There are also sometimes services you are legally required to get, such as regular inspection of heating furnaces (though I don't think this translates to automatic contracts). But in any case you would not be liable for services rendered before you entered into the contract, which sounds like it's the case here."}
{"_id": "249107", "title": "", "text": "\"All of the above. There are scientific methods for surveying. Generally the \"\"people with clipboards\"\" is the most reliable, but is also the most expensive, so some might be getting the data directly from the retailers with some sampling for verification. The \"\"margin of error\"\" percentage is directly related to the method chosen.\""}
{"_id": "249109", "title": "", "text": "If you are planning a birthday party for your kid why do not you think at Legos for the theme? There are some easy ways to decorate that special Lego birthday cake. It is a great toy by which kids can construct all types of things, from houses to working models of cars or trains and mountains and trees."}
{"_id": "249144", "title": "", "text": "Out of curiosity I went through a couple of prospectuses and all contained various clauses for the event where LIBOR is not published although the language suggests more of anticipation of brief technical difficulties. Some are rather vague and prone to manipulation."}
{"_id": "249158", "title": "", "text": "Realize that not everyone has the ability to save like that.  If someone can save money, that means they are being paid (slightly) more than they need to survive.  Many employers (too many) take that as a sign that they are over paying their workforce, and can easily replace them with people who get paid less, since they can also make it work by not setting anything significant aside.  A lot of these people are only making it work by relying on credit too.  It's easier than you might think to get trapped in a debt spiral, and a lot harder to get out when you cant take classes or even re-education courses to help you move up."}
{"_id": "249169", "title": "", "text": "Would you believe that Germans, Russians, the British, and the US all make the same claims?  Every country believes that their country invented anything that one of their citizens had a hand in.  I'm reality, invention takes many people, sometimes hundreds of brilliant innovations, and credit tends to drift towards those you are most familiar with."}
{"_id": "249174", "title": "", "text": "I'm not sure who specifically you are talking about. Those are some pretty broad generalizations. Where do you draw the line about what is too much concern about entry price? On what basis do you make the assertion that they are overly concerned with it? For those that do: Probably because when you are buying anything, a lower price is preferable in general. Why WOULDN'T you want to get the best deal possible? I think you are making assumptions (about whom I don't know) that people always invest based on cold hard logic. This is not often the case."}
{"_id": "249178", "title": "", "text": "Every time I\u2019ve had to call AMZN customer service, they\u2019ve been amazing. I bought a chair a few years ago that developed a leak in the gas cylinder, causing the chair to sink slowly. I called Amazon to see if I could get a part number for the chair (it was an Amazon Basics chair) and even though it was 2 years out of warranty and I wasn\u2019t asking for more than a part number, they gave me a 50% credit for the chair, were super apologetic and even followed up by email when they couldn\u2019t find the number for me. 150 dollar Amazon credit that I didn\u2019t even ask for. Good shit man, customer for life."}
{"_id": "249179", "title": "", "text": "Use of this is demonstrated in this video: https://youtu.be/Ip5jG3djdyk Stocking products that you have no intention of selling can be used to make other products look more appealing by comparison. It's more psychological than anything but it isn't an uncommon practice."}
{"_id": "249185", "title": "", "text": "Marketwatch reports that the 108 strike call option sells for 1.45,  down 1.53 from yesterday. If we split the bid and ask you get 1.415. That is what that contract will, likely, trade at.  The biggest problems with options are commissions and liquidity. I have seen a commission as high as $45 per trade. I have also seen open interest disappear overnight. Even if you obtain contracts that become worth more than you paid for them you may find that no one wants to pay you what they are worth.  Track your trade over a few weeks to see how you would have done. It is my experience that the only people who make money on options are the brokers."}
{"_id": "249191", "title": "", "text": "\"If you sell the property before the ten years are up, the panels might have declined in value more than the amount you owe declined.  In the original post's situation, this is a negligible risk. Suppose (for the sake of argument) that each year's panels are 10% better than the previous year's panels.  Even if the panels lasted forever, and even if the price you could sell the power for stayed the same, then the value of your panels should decline 9% per year.  If the panels are financed at a 4.5% APR for 10 years, your principal should decline by 8.1% in the first year. A second risk is that the solar panels might be ugly, or might go out of fashion.  When selling a home, \"\"curb appeal\"\" matters.  If potential buyers do not like how your home looks with the solar panels, you might not be able to get as much money for the house if you have to sell it. A third risk is that the loan might harm your credit rating, or otherwise restrict your ability to borrow.  Even though this deal does not impinge on your disposable income, a bank might think that it raises your debt-service-to-income (DTI) ratio.  This could theoretically prevent you from refinancing your home, or raise the interest rates on potential loans you might want to take out. A fourth risk is that the installation process might damage your home in a way that causes expensive damage.  Water leakage and electrical fires can potentially destroy homes.  You need to have the solar system competently installed. A fifth risk is that the solar power system might make it harder to maintain or replace your roof.  Will your roof need to be replaced during the life of the solar power system?  If so, consider options that do not force you to throw away the solar power system prematurely.\""}
{"_id": "249195", "title": "", "text": "\"My point was basically anti-capitalist: my landlord is a leech, and a rich leech who dodges their property taxes at that (did I mention my landlord is **MIT**?).  There's no actual reason my building *needs* a landlord other than \"\"because capitalism\"\" and \"\"because MIT and Harvard are always sitting there waiting to buy any property that comes onto the market in Cambridge\"\".\""}
{"_id": "249196", "title": "", "text": "The hours you list are all over the place.  Is it 40 hours/week or 65-80?  You best clarify it during your interviews.   My only tip is familiarize yourself with:   http://gipsstandards.org/   They may not use it, but at least know what the industry standard is."}
{"_id": "249214", "title": "", "text": "They also developed Mafia Wars, Words With Friends, and Zynga Poker, which are hugely popular games on Facebook. These guys know how to get people hooked and how to monetize that traffic -- they're very, very good at it."}
{"_id": "249228", "title": "", "text": "You can use it for medical expenses even if you don't have a high deductible policy. It can cover prescriptions, copays, deductibles, co-insurance, dentist, orthodontics... As long as it is being used for an approved medical expense there is no tax or penalty.  Yes it doesn't save you on the monthly service charges but it does allow you to cut your medical expenses for a while."}
{"_id": "249234", "title": "", "text": "No.  Consider any professional sports team.  Just because a salary seems large doesn't mean it's large enough.  Especially when you look at the financials of the companies involved.  Are google, microsoft and apple hurting for capital?  Is there not enough venture capital to sufficiently seed new business development?    Don't shakedown other less profitable industries to subsidize industries that are overflowing with cash.  That's a big part of the problem in America's economy. Taking money from everyone to give it to preferred industries, that in many cases don't need it."}
{"_id": "249259", "title": "", "text": "Required? No. It would be a good selling point though.  If you do offer an international multi-year guarantee, make it clear that your customers are required to retain proof of purchase and cover any international shipping costs."}
{"_id": "249265", "title": "", "text": "\"There are two reasons you would get a higher yield for savings accounts: either because it is not guaranteed by a national deposit insurance fund (CDIC I presume in Canada), or you have to hold it for a longer term. Money Market Accounts are insured in the U.S. and are also very liquid since you can debit from it any time. Because of this, they offer much lower rates of interest than comparable products.  If you look at the savings products such as the 1.50% momentum savings account offered by ScotiaBank, you actually have to hold a $5000 balance and not make any debit from it for 90 days in order to get the extra 0.75% that would get you to 1.50%. Essentially this is roughly equivalent to offering you a 1.50% GIC with a 0.75% withdrawal penalty fee, but simply presented in more \"\"positive\"\" terms. As for the Implicity Financial Financial 1.75% offering, it looks like it is not insured by the CDIC.\""}
{"_id": "249268", "title": "", "text": "I took it to mean men in general who might interfere with dreams, even inadvertently. Other studies have come out showing that men benefit more in happiness and health by being married whereas women are about the same as not being married or worse off.   http://www.telegraph.co.uk/science/2016/03/14/marriage-is-more-beneficial-for-men-than-women-study-shows/"}
{"_id": "249273", "title": "", "text": "Dow Jones is a meaningless index that is only ever referenced in the media. It\u2019s fundamentally flawed because the index constituents are weighted by share price, which is nonsensical (ie a $100 stock has a bigger impact on the index than a $50 stock) as opposed to the S&amp;P500 which is market cap weighted (a $100 billion company has a bigger impact than a $50 billion company). People in the investment industry focus on the S&amp;P index and pay zero attention to the Dow."}
{"_id": "249275", "title": "", "text": "The bottom line is something in your story is not adding up.   You had two checks one that is voided, and one that is not.  Lets say they are both written against your account for $100.  Lets also assume that have exactly $100 in your account. You give the Liquor Store the voided one, they give you $100, but when they attempt to cash the check at their bank they are denied and assessed a $20 fee.  You spend the $100 they gave you; however, you still should have $100 in your account as the check was not cashed. You want to make things right with the liquor store.  You should be able to withdraw the $100 you still have in the bank and give them that much.  While they will still be out the $20 fee, that should make them feel much better about you as a customer.  Tell them when you will be paid and that you will give them the $20 on that date.  Then do so. The only way this problem is not solvable is that you spent the $100 that was left in the bank.  In that case, the Liquor store is correct you stole the money.  More accurately you spent money that wasn't yours."}
{"_id": "249279", "title": "", "text": "A few of the answers are spot on but here's another thing to consider: the type of trade. For example, I sometimes day trade stocks with momentum where the stock price is spiking relatively fast. A limit order in this situation may never get filled and you will miss out on the trade. A market order will get you filled but you mostly likely pay more than your limit order. However you are now catching the wave up.  Overall, using a limit or market is relative to your trading style and the type of trade. I always prefer to use a limit buy order."}
{"_id": "249307", "title": "", "text": "Working many hours is not uncommon. When I worked at Fidelity the first half of the month was about 40+, by the second half of the month it was easily 50+.  Working on Saturdays or holidays was not uncommon, it was a surprise if you were NOT there.  After Fidelity I worked at the AMA for some time and their hours were very structured.  I never worked a weekend while there and things were very smooth.  So from my personal experience it depends on what company you are working at.  Some are fast paced and demand a lot of your time, others are very structured.  If you're not married go for the busy job and get as much experience as you can.  If along the way you have a family find a job that can offer better structure.  When you start earning a decent salary you can easily afford a dog walker, maid, etc. and you manage to balance out things pretty well.  Its weird things just fall into place like that.  *shrug*"}
{"_id": "249320", "title": "", "text": "While there are many very good and detailed answers to this question, there is one key term from finance that none of them used and that is Net Present Value. While this is a term generally associate with debt and assets, it also can be applied to the valuation models of a company's share price. The price of the share of a stock in a company represents the Net Present Value of all future cash flows of that company divided by the total number of shares outstanding. This is also the reason behind why the payment of dividends will cause the share price valuation to be less than its valuation if the company did not pay a dividend. That/those future outflows are factored into the NPV calculation, actually performed or implied, and results in a current valuation that is less than it would have been had that capital been retained. Unlike with a fixed income security, or even a variable rate debenture, it is difficult to predict what the future cashflows of a company will be, and how investors chose to value things as intangible as brand recognition, market penetration, and executive competence are often far more subjective that using 10 year libor rates to plug into a present value calculation for a floating rate bond of similar tenor. Opinion enters into the calculus and this is why you end up having a greater degree of price variance than you see in the fixed income markets. You have had situations where companies such as Amazon.com, Google, and Facebook had highly valued shares before they they ever posted a profit. That is because the analysis of the value of their intellectual properties or business models would, overtime provide a future value that was equivalent to their stock price at that time."}
{"_id": "249322", "title": "", "text": "I am a registered S-corp but for alot of industries that threshold is too low (I'm in housing) &gt;Do you have any insight on average *effective* rates paid by SE owners? &gt; &gt;As a counterpoint to your (very valid) links, filing as S-corp allows for taxes on distributions to be exempt from payroll tax and taxed at much lower rates. Also, being SE allows for various deductions not possible for wage earners. There's probably other examples not immediately coming to mind. &gt; &gt;Also, SE taxes equal taxes otherwise paid by employer + employee. It's just that those employer taxes don't appear on the employee's paystub so not everyone realizes this.   The article I posted also doesn't take into account state taxes, do example non deductible B&amp;O, end user Sales tax or  impact fees... That Employees don't pay or often even know about, yet some of us small business owners are also employees, so we get double taxed..."}
{"_id": "249325", "title": "", "text": "\"I think a big part of this is sports coverage like he brought up. The only programming I miss from cable are live sports events. Luckily for me my favorite sport, the NFL, has kept games on non-cable television for local markets even when their games are on cable. Otherwise I might actually buy it.   What keeps TV in the game though are the contracts and blackout restrictions. I'm a big Wisconsin sports fan. I dropped cable in favor of picking up the MLB and NBA online options. The MLB one streamed game and looked great. The HD was spectacular and the service good. The NBA wasn't as great quality but definitely better than a free stream, plus I could pick up to 8 teams I wanted to watch. However, because of blackout restrictions and TV contracts I could never watch a Bucks or a Brewers game. The sole reason I purchased the products was to watch my hometown teams but the TV contracts prevented it. The NFL AFAIK only offers NFL replay--you can watch any NFL game 24 hours after it has been played. Anyone looking for a change in these policies can look elsewhere too. The NFL just signed a 10 year deal with television companies. Unless those channels want to start streaming the games on their websites it's not going to happen, unfortunately.   I personally think the leagues are losing profit because they're losing a large audience. There are plenty of customers who stream games illegally online that would happily pay for a higher quality product, but television is preventing this.   Also there has always been the excuse laid out by TV execs that \"\"we don't know how to properly monetize this content on the internet.\"\" That excuse worked 5-10 years ago. I can't seem to buy it now anymore.\""}
{"_id": "249327", "title": "", "text": "If you are looking for the best Laptop Repair And Services In Delhi NCR, then contact with Centre For Laptops is the best which provides fast laptop repairing services. Centre For Laptops solved the issues after diagnosing the laptops completely. To know more, Explore the full article."}
{"_id": "249354", "title": "", "text": "Caliber India in association with Caliber-USA International is a pro-active and dynamic export enterprise engaged in the manufacturing and export of a wide range of garments including- a complete line of Premium Award, varsity, sports and leather jackets along with embroidery / monogramming. Ever since inception, the company has come a long way and today, has created a place for itself in the global market with our ever growing clientele."}
{"_id": "249360", "title": "", "text": "You could use  the Gordon growth model implied expected return: P = D/(r-g) --&gt; r = D/P (forward dividend yield) + g (expected dividend growth). But obviously there is no such thing as a good market return proxy."}
{"_id": "249363", "title": "", "text": "used to trip out to AC from Pittsburgh (6 hour drive, more convenient than vegas), didn't care much for the beach just the gambling. Now that there's a full casino (tables/poker room/slots) right in downtown most of us don't really have much reason to make the trip out to NJ anymore"}
{"_id": "249424", "title": "", "text": "\"By law, if the account was a \"\"minor by\"\", also called a \"\"custodian\"\" account, it automatically transfers to you once you reach the age of majority in your state, which I gather from your post is 18. Once you turn 18, all you should need to withdraw money is a state or federal government issued photo-ID, like a drivers license or a military ID, same as you would need for any other bank withdrawal at a teller. Or, an ATM card & PIN if you wanted to use an ATM.\""}
{"_id": "249429", "title": "", "text": "\"The entire idea of accountability in America has been in serious decline over the years.  Not to get on my high horse and preach, but this issue begins early on with child care and has branched it's way into our economics as well.  Kids get 9th place ribbons for races with 9 racers. Young post-college adults are struggling to survive on their own in the real world. CEO's are told to retire early as opposed to stepping down.  At the end of the day, everyone wants to credit themselves with a job well done and shift blame to others or outside forces.   However, this doesn't mean that there's no position left in the US with 'accountability.' For instance, the Fed Chairman has to be correct on their position or the entire economy can be destroyed in the process.   So what do we do instead? Those positions are the ones we blame for what's happening around us. So naturally, their response is to leave as delicately and unnoticed as possible.  If you ask me, those people at Equifax should be in jail. Not because of the hack, but because they waited so long to let everyone know. Stepping down and retiring shouldn't  mean they get away from it, the same way declaring bankruptcy doesn't mean I get away from my student loans.  If people started taking accountability for their own actions, America would be much more healthy in my opinion.  But then again, at the end of the day it is just my opinion, so you're free to believe whatever else you like. Cause you know what they say, 'opinions are like a**holes, everyone has one.\"\"\""}
{"_id": "249439", "title": "", "text": "Maybe I'm being naive but I would think that Amazon would have some kind of automated metrics that flag abuse. If your order to return ratio is out of whack, they should put in some limitations on returns for you. It would be easy to do and protect their business as well as 3rd parties."}
{"_id": "249449", "title": "", "text": "I guess if you went with 100% digital tickets tied to a person's Amazon account you could deter some scalpers. There should still be a mechanism for transferring tickets to other parties. However, there could be a potential ceiling on how much you could mark up the price."}
{"_id": "249450", "title": "", "text": "\"Split transactions are indispensable to anybody interested in accurately tracking their spending. If I go to the big-box pharmacy down the road to pick up a prescription and then also grab a loaf of bread and a jug of milk while there, then I'd want to enter the transaction into my software as: I desire entering precise data into the software so that I can rely on the reports it produces. Often, I don't need an exact amount and estimated category totals would have been fine, e.g. to inform budgeting, or compare to a prior period. However, in other cases, the expenses I'm tracking must be tracked accurately because I'd be using the total to claim an income tax deduction (or credit).  Consider how Internet access might be commingled on the same bill with the home's cable TV service.  One is a reasonable business expense and deduction for the work-at-home web developer, whereas the other is a personal non-deductible expense. Were split transaction capability not available, the somewhat unattractive alternatives are: Ignore the category difference and, say, categorize the entire transaction as the larger or more important category.  But, this deliberately introduces error in the tracked data, rendering it useless for cases where the category totals need to be accurate, or, Split the transaction manually. This doesn't introduce error into the tracked data, but suffers another problem: It makes a lot of work. First, one would need to manually enter two (or more) top-level transactions instead of the single one with sub-amounts.  Perhaps not that much more work than if a split were entered. Worse is when it comes time to reconcile:  Now there are two (or more) transactions in the register, but the credit card statement has only one.  Reconciling would require manually adding up those transactions from the register just to confirm the amount on the statement is correct.  Major pain! I'd place split transaction capability near the top of the list of \"\"must have\"\" features for any finance management software.\""}
{"_id": "249455", "title": "", "text": "Its a great time to buy! 2006, 2007, 2008, 2009, 2010, 2011 - NAR  Nothing but a bunch of leaches and add-nothing middlemen. The internet should have put them out of business with the travel agents. Instead, they successfully lobbied enough state legislatures to permanently wedge their club into one of the most valuable markets on earth. Our current economic troubles are worse because they were successful. An entire organization built around lying for profit."}
{"_id": "249462", "title": "", "text": "I justed rented a new house, and they ran my credit to see if I am a reliable person."}
{"_id": "249463", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://edition.cnn.com/2017/09/25/politics/north-korea-fm-us-bombers/index.html) reduced by 70%. (I'm a bot) ***** &gt; &amp;quot;Last weekend Trump claimed that our leadership wouldn&amp;#039;t be around much longer and declared a war on our country,&amp;quot; Ri said, according to an official translation of his remarks to reporters in New York.  &gt; Speaking at the UN on Saturday, Ri said that Trump had made a missile attack on the US mainland inevitable by insulting the dignity of North Korea.  &gt; &amp;quot;Just heard Foreign Minister of North Korea speak at UN If he echoes thoughts of Little Rocket Man, they won&amp;#039;t be around much longer!&amp;quot; Trump wrote.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72dj3v/north_korea_accuses_trump_of_declaring_war/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216271 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Trump**^#1 **right**^#2 **bombers**^#3 **country**^#4 **war**^#5\""}
{"_id": "249469", "title": "", "text": "\"I agree a disciplined environment is key to knowledge getting deeply implanted. I remember at my university there were some great professors. About 10% to 20% were not very good at all and a video online of a great professor would have been much better.  I suspect there's some analogy from the field of entertainment that will play out here. When movies got sound you had the best entertainers in the world available for everyone albeit in a more limited capacity than live. So a great performer on screen is more appealing than some percent of the lowest group. This technology killed Vaudeville but I doubt it will kill off the entire university system like it killed Vaudeville. I suspect the lowest performers will be out the door and the hippie professor types that don't provide motivation and structure will be out. I wonder if we'll have professor \"\"stars\"\" like we had movie stars and now have celebrity chefs and preachers.\""}
{"_id": "249472", "title": "", "text": "\"Reddit is mostly for links (title+link), look at this very post or at /r/all. Self-post on the other hand is title+\"\"your text, which could include links\"\", like posts in /r/self. I didn't see pure links on Steemit, it's similar to /r/self, full of unique posts. That's what I meant, it's maybe better content-wise, but not for me, I am a bad post writer :)\""}
{"_id": "249483", "title": "", "text": "Yea exactly. And obviously this discussion is more political and cultural in nature, but I'd argue that behavior like his is going to hurt profits more than help them. It's divisive and antisocial and if I was going to run a company I would not want that negative attitude anywhere near."}
{"_id": "249486", "title": "", "text": "If you are new on Adobe tool and want to utilize it for your purposes then get in touch with the experts at Adobe Technical Support number 1-844-888-3870. Our professionals are experienced and skilled with the tool and let you understand its features for maximum output."}
{"_id": "249487", "title": "", "text": "Np shit dipshit. But if you think you won't pay taxes, then you have your head up your ass. As long as you live here, work here, earn an income here... you are paying taxes here. Hey, but I hear there are no taxes in Somalia... Enjoy!"}
{"_id": "249505", "title": "", "text": "Many businesses that accept regular VISA credit cards will not accept VISA purchase cards intended for corporate/gov purchasing departments and able to furnish a more detailed audit trail (purchase order #, lot #, etc.) than a regular credit card.  Other merchants take ONLY VISA purchase cards."}
{"_id": "249547", "title": "", "text": "When businesses use arbitration-only clauses, they essentially force any enforcement action for wrong doing onto government. No matter how egregious are the actions of the business, it is not financially feasible to arbitrate for small dollar issues and it is thus up to government to litigate.  This allows businesses to act with impunity as they know that the risks of government action are slim and there is no chance of getting sued by private parties.    Remember all of those unauthorized bank accounts that Wells Fargo opened?  When sued by private parties, they successfully argued that it must go to arbitration. The bank committed fraud against their customers and they still get to pick the venue and terms of any litigation."}
{"_id": "249548", "title": "", "text": "Go check out wallstreetoasis.com. There are a lot of people out there like you and that site has a lot of folks in the industry. It's segregated by arms so you'll also probably be able to get a feel for what kind of finance you might or might not be suited for."}
{"_id": "249557", "title": "", "text": "Blue Ridge Realty, Inc. began in 1990 and is possessed and keep running by Jerry Whitehead. Jerry has utilized his skill as a neighborhood developer to give outstanding land administrations to customers officially living in the territory, and additionally the numerous and developing number of individuals from out of state who need to appreciate what the North Georgia Mountains bring to the table."}
{"_id": "249558", "title": "", "text": "I'm pretty sure you are don't actually plan to put \u00a3120,000 into a zero interest account, because when you take inflation into account, in 20 years, then \u00a3120,000 won't be worth anywhere near that amount.  For its value to grow you need the interest rate to exceed the rate of inflation and so paying 20% (or even 40%) tax on the interest can make the difference between whether being richer and getting poorer."}
{"_id": "249577", "title": "", "text": "Look Japan is a completely opposite country to pretty much every other country in the world. So there is like no way to compare them. The most I could say is that people typically work an amount of hours that works for them personally so there is no issue like are they working to long or not long enough, unless you have something like a situation where people are  struggling to bring food on the table. That happens from time to time but not in a bad way"}
{"_id": "249587", "title": "", "text": "That's true the system does effectively give HFT a right of first refusal to everything it sees. If HFT is willing to take all comers at your price for longer than you are willing to wait then you are indeed out of luck.  OK it's cheating :)"}
{"_id": "249592", "title": "", "text": "Lazy uninformed journalism. Describing the Institute of Directors as non-political is laughable. They pop up very regularly in the media to support the most right-wing policies and bash any sign of dissent. And no chance of Spain exiting the Euro any time soon given their recent election results."}
{"_id": "249604", "title": "", "text": "Note: that the New Zealand CPI in 2014 Q2 is 1.6% Year on Year, that is it is the inflation rate from 2013 Q2 to 2014 Q2. The quarterly change from 2014 Q1 to 2014 Q2 is 0.3%. Check out this Inflation Calculator. At the same time the Official Interest Rate in New Zealand was just raised on 24th July 2014 by 25 basis points to 3.5%. So your savings in the bank at a rate of 4.5% is beating inflation, but once you deduct any tax from the interest earned, you are just beating the current inflation rate, which is not really a good long term investment choice."}
{"_id": "249620", "title": "", "text": "Wow this is a perfect example of the apathy of customers.  This scandal is literally about their auto loans, and that's what the article is about.  How are you ever going to know if something is affecting you if you won't even read the damn article about a company YOU DO BUSINESS WITH?  Seriously this couldn't prove the point of the comment you're replying to more.  It's stupid consumers like you that allow these companies to get away with this shit."}
{"_id": "249628", "title": "", "text": "\"The homeowner gets all the profit from the price rise, because it's their asset. The bank will charge early repayment fees, but these are often a small fraction of the profits. This is why homeownership in rising markets is so popular: it offers the benefits of \"\"gearing\"\" a financial investment so that you can make profits that are a very large fraction of your principal (initial equity).\""}
{"_id": "249643", "title": "", "text": "In a perfect the world, the most ideal solution would be to find a way to pay back all of your debt so that your credit will not be affected any further. Unfortunately, it does not work this way most of the time. Debt settlement is where you work with a creditor to settle your a credit card debt for less than the full amount owed. This could be a very viable solution for you instead of filing for bankruptcy. However, there are many scams out there when it applies to debt settlement so you must tread carefully. Debt settlement can only occur when you're behind on your payments. If you are currently paying off your payments successfully, the creditor has no obligation to settle when they think you should be able to pay it fully back."}
{"_id": "249649", "title": "", "text": "Gary Bussi in True Romance, sure you would have seen that.  And on the reddit thing, logout and have a look at the home page with no subs.  Now tell me what new users it invites.  Reddit need to remove /r/funny and /r/pics off the standard none logged in home page.  The entire page is filled with cats.   Will you fucking whippersnappers stop thinking cats are funny, they are not, and you waste my valuable time with cats and meme's"}
{"_id": "249668", "title": "", "text": "I have business experience. I started a few small ones but never got huge. One was bought before I could really start making any systems to help operate it and the other failed because I didn't know the logistical end of things. I've recycled at centers before. My plan now is to basically pay people to pick up their recycling from their homes and then recycle it in bulk when I get enough"}
{"_id": "249679", "title": "", "text": "\"&gt; Although there are numerous countries that welcome investors   Yes, I hear that when one's welcome has been worn out in Japan, Thailand is the place to be. Ladyboys, sluts and frauds, Bangkok is your one-stop shop to get f*cked in more ways than one!  &gt;potentially profitable options  The key question being, \"\"Profitable for whom?\"\"  &gt;Another factor which can help you make up your mind when searching for a good service provider is experience.  Yes, Richard Cayne's clients have undoubtedly amassed \"\"extensive experience\"\"; not much money, but experience in spades. Suggest \"\"consulting with them on a wide array\"\" of these experiences first.  &gt; Richard Cayne Meyer the manager of the world renowned Meyer International   Ah yes, renowned indeed -for spamming and scamming, for cash and dash.\""}
{"_id": "249687", "title": "", "text": "You wouldn't fill out a 1099, your employer would or possibly whoever manages the stock account.   The 1099-B imported from E-Trade says I had a transaction with sell price ~$4,500.   Yes.  You sold ~$4500 of stock to pay income taxes.  Both the cost basis and the sale price would probably be ~$4500, so no capital gain.  This is because you received and sold the stock at the same time.  If they waited a little, you could have had a small gain or loss.   The remainder of the stock has a cost basis of ~$5500.   There are at least two transactions here.   In the future you may sell the remaining stock.  It has a cost basis of ~$5500.  Sale price of course unknown until then.  You may break that into different pieces.  So you might sell $500 of cost basis for $1000 with a ~$500 capital gain.  Then later sell the remainder for $15,000 for a capital gain of ~$10,000."}
{"_id": "249714", "title": "", "text": "\"At first blush, this seems like it makes sense - assuming, like you say in your question, that you are perfectly confident in your ability to repay (even if you need to pay the balance in full if you lose your job), then this seems like a guaranteed 4% return, and a reasonable part of your retirement portfolio. Where it falls apart, though, is that you're paying yourself. You're just taking the money out of one pocket and putting it in another. So really you're getting a guaranteed 0% return. You're losing the compounding growth of the loan amount while it's out of your accounts, and the fact that you can afford the 4% interest means you could have been putting that into a requirement account as well aside from the loan - so it doesn't really count as \"\"interest\"\" in the sense that your money is passively making money for you. So ultimately: no, it shouldn't count as part of your bond allocation.\""}
{"_id": "249751", "title": "", "text": "If you are looking for commercial solar financing company for your Solar Panels then you are at the right place. We provide secure, up-to-date and reputable financial advice, guidance, and support to our clients. For more you can call us or visit our website."}
{"_id": "249757", "title": "", "text": "social manipulation chat bots are an absurdly small piece of the overall pie when it comes to this.  The thing is basically a giant public offsite cloud message bus with almost perfect uptime. It's even useful for things that have nothing to do with actual humans using it."}
{"_id": "249773", "title": "", "text": "&gt;Actually, government bail outs are in the socialist/communist section.  Does that make George W. Bush the American Stalin?  Cronyism happens everywhere, in communism, capitalism, wherever social connections are an important influence in any decision-making.  &gt;If it were capitalism fueling it, the government should have let the companies fail, since apparently the population doesn't want to support them enough.  No, the reason the public supported it was that they'd spent the last 4 decades putting money into their 401-k and other investments like they were told to, and the investment banks threatened to 0 out all their accounts if they didn't get the money they deserved...  So that worked out fine then."}
{"_id": "249776", "title": "", "text": "\"When my wife was ripped off by a locksmith (charged $60 initially and then added a $250 \"\"fish out fee\"\" after the work was done), we went to the BBB. We tried to talk to the locksmith, but he would hang up everytime he found out it was me on the phone. We had a few exchanges with the locksmith on the BBB website and after some back-and-forth, we went to arbitration. I got the $250 back and never would have even been able to communicate with this jackass if they weren't BBB accredited.  I know Reddit hates the BBB, but they are a handy resource when you get screwed over. Even if things don't go your way, it at least gives you an opportunity to communicate when the business is ignoring you.\""}
{"_id": "249781", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.citylab.com/life/2017/08/where-robots-are-doing-factory-jobs/537327/) reduced by 82%. (I'm a bot) ***** &gt; It is followed by Toledo, Grand Rapids, Louisville, and Nashville-manufacturing hubs where the number of factory robots has tripled between 2010 and 2015.  &gt; These aren&amp;#039;t necessarily the places where robots will dominate in the future.  &gt; Specifically, the robots map suggests that robot and broader economic anxiety may also max out in the industrial Midwest-particularly in such robot-exposed &amp;quot;Red&amp;quot; states as Michigan, Wisconsin, and Pennsylvania where the election&amp;#039;s outcome was determined.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vd249/where_robots_are_automating_jobs_in_the_us/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~196352 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **robot**^#1 **where**^#2 **automation**^#3 **jobs**^#4 **map**^#5\""}
{"_id": "249788", "title": "", "text": "You're not responsible for the mortgages on the property - those are agreements between the lender and the borrower. The risk you have is that the title search missed something.  If the seller (i.e., the bank or banks who foreclosed) did not have full rights to sell the property, and there was another party who had a lien on the property or had an interest in it in some fashion, that party could make a claim that would interfere with your purchase.  You wouldn't be responsible for the loan, but you might not end up with the title to the property if that happened."}
{"_id": "249789", "title": "", "text": "Well, that's the clever part of it.  If you only dole out effective surpluses to those who have squandered a bunch of energy, then you've incentivized a certain lifestyle and robbed people who don't live that lifestyle to finance it.  It's what we've been doing for 40 years (give or take) with consumer goods.  They keep getting cheaper and higher quality, so if you're not budgeting a healthy portion of your annual income on consumer goods then you're missing out on the effective surplus.  That incentivizes participation in the mass-production, consumer culture.  Which in-turn keeps the wheels of the economy turning, and keeps all the little worker-bees in line.  If you just handed people more money, they might get crazy ideas like starting their own businesses, organizing labor unions, running for political office, taking a day off work to go vote or attend council meetings, and generally being a nuisance to the people that run everything.  You wouldn't want that, would you?"}
{"_id": "249791", "title": "", "text": "\"&gt;Privatization and outsourcing of knowledge is much cheaper than in-house economies of scale... wait, what?  It's a short-term gain ... problem with short term things is that when you do them repeatedly year-after-year, you pile-up a long-term loss (which eventually comes home to roost).  &gt;When this grand experiment is proven to not be the panacea of the business world's quest for cost reduction, we'll all look back and laugh at how silly these guys were.  You mean like the housing bubble, when *everyone* was getting rich \"\"flipping\"\" their homes back and forth between each other.  &gt;It's like saying it's cheaper for a family of four to eat out three times a day, seven times a week (at restaurant that serves food with quality comparable to home cooking) than it is to cook at home. We all know home cooked meals are more cost effective unless you're eating the bottom of the barrel fast food, even then, externalities of health and well being make the savings questionable.  Well said.\""}
{"_id": "249801", "title": "", "text": "agreed. shorting the box kills you on commissions. your negative theta on a straight put position won't be a problem until you're at least 60 days from expiration. (i would even argue you're safe until 30 days out.) plus the positive vega can give you some extra juice if gold does end up falling."}
{"_id": "249816", "title": "", "text": "It's plywood with a laser cut living hinge. I'd be interested if it could be die cut en masse. I think it'd need some glue along key joins and something to keep the hinge shut during transit as a friction fit will probably fail somewhere.  If you want to do this on a small volume, buy a cheap laser cutter which can do 4mm plywood could let you make boxes on demand. You could make quite a few before you hit the break even point for plywood die cutting tooling and a minimum production run.  Or find a factory which does laser cut ply in china (alibaba) and get them to make 100."}
{"_id": "249825", "title": "", "text": "I think three things are happening right now:  1) The stock market is one of the only sensible places to get a return on your money. Bond rates are very low and real estate is a little trickier.   2) There are fewer publicly traded companies now than there have been in the past. It's easier to invest in public companies than private companies, so more money is going into fewer companies, inflating the prices.  3) Wealth inequality is higher now than it has been in decades. If you give poor people more money, they just spend it to lead more comfortable lives. They won't invest in the stock market. If you give a rich person more money, they just invest more of it, since they are already spending as much as they reasonably can. In this economy, for the past few decades, we've been giving the rich more and more money.  So, with these 3 factors, more money is pouring into the fewer companies of the stock market, inflating their prices.   (At least, this is the idea put forward by a Fidelity analyst I heard a talk from recently, and it makes sense to me)."}
{"_id": "249826", "title": "", "text": "Have you looked at mint? Their budgeting feature can track spending against your budget categories across your checking and credit card accounts. Not the same as the envelope system -- so if you need the built-in limitation that this provides, it may not work for you. But it is a low-effort, automatic system that does the tracking for you if you have your spending mostly under control."}
{"_id": "249830", "title": "", "text": "Do you have any skills/qualifications that would facilitate an easy change to finance? E.g. economics/finance studies or relevant experience.   Also I'd be slow to add further debt unless it increases expected earnings on the other side."}
{"_id": "249831", "title": "", "text": "\"Ditto mhoran_psprep.  I'm not quite sure what you're asking. Where does the money come from? When someone starts a bank, they normally get together a bunch of investors -- perhaps people they know personally, perhaps they sell stock -- to raise initial capital. But most of the money in the bank comes from depositors. Fundamentally, what a bank does is take money from depositors and loan it to borrowers. (Banks also borrow money from other banks and from the government.) They charge the borrowers interest on the loan, and they pay depositors interest on their deposits. The difference between those two interest rates is where the bank gets their profit. Where does the money go when you pay it back? As mhoran_psprep said, some of it goes to pay interest to the depositors; some of it goes to pay the bank's expenses like employee salaries, cost of the building, etc; and some of it goes as profit to the owners or stockholders of the bank. If you're thinking, \"\"Wow, I'm paying back a whole lot more than I borrowed\"\", well, yes. But remember you're borrowing that money for 20 or 30 years. The bank isn't making very much money on the loan each year that you have it -- these days something like 4 or 5% in the U.S., I don't know what the going rates are in other countries.\""}
{"_id": "249839", "title": "", "text": "My favorite part about using a local credit union is, if I have an account issue, I can just call up and talk to someone who works five minutes from my house without *ever* punching numbers into an automated answering system. Good luck doing that with Bank of America."}
{"_id": "249844", "title": "", "text": "Employment numbers will have to reflect the gains that those hurricanes produce in the coming months. It is a temporary job loss but the hurricanes add many jobs, from construction to tree and debris removal to car dealerships, etc. These storms create a positive influx of money to the local economies."}
{"_id": "249851", "title": "", "text": "Patrick, This article points out three likely effects (direct and indirect) sovereign default can have on the individual: http://tutor2u.net/blog/index.php/economics/comments/the-sovereign-default-option-is-costly/ This looks at how a default may not look like a default - even if it is. But again, how defaults can impact the man in the street: http://online.wsj.com/article/SB10001424052748703323704574602030789251824.html The fascinating Argentine default is described in a blow-by-blow format here, including brief references to things like unemployment and personal savings: http://theinflationist.com/sovereign-default/argentine-sovereign-default-2002-argentina-financial-crisis Remember, though. Not all defaults are the same. And a modern-European country's default may look very different to what has occurred elsewhere."}
{"_id": "249854", "title": "", "text": "I'm already bored of it.  It's funny, the first comment I happened to read about it was that power users would start complaining because their precious karma train had stopped.  And the next day the power users are out in force complaining on any sub that will take them."}
{"_id": "249859", "title": "", "text": "You're free to provide services, but if you stay in one country for more than half a year - you're generally considered to be its resident for tax purposes. Germany is no exception to the rule, in fact - this is true to almost any country in the world. If you provide the services from Poland, and never set foot in Germany - they won't say a word."}
{"_id": "249869", "title": "", "text": "When you buy a call option, you transfer the risk to the owner of the asset. They are risking losing out on gains that may accumulate in addition to the strike price and paid premium. For example, if you buy a $25 call option on stock XYZ for $1 per contract, then any additional gain above $26 per share of XYZ is missed out on by the owner of the stock and solely benefits the option holder."}
{"_id": "249894", "title": "", "text": "I wouldn't say 90% but it is a lot. Oracle Financials is also quite big.  Excel is used for reporting.  To give you an idea of how one big organisation does it, the balance sheet is SAP. Transactions are done with Oracle, the two are reconciled and reported via Excel."}
{"_id": "249904", "title": "", "text": "If you are married filing separately, you need to choose the same type of deduction (standard or itemized) as your spouse. Since you checked the box on line 23b, you indicated that your spouse chose the standard deduction, so you must use the standard deduction also.  The standard deduction for married filing separately this year is $6300, but because you checked one of the boxes for yourself in 23a, you get to add another $1250 to your standard deduction, for a total deduction of $7550. This number belongs in line 24."}
{"_id": "249911", "title": "", "text": "&gt; Eventually it will have to come to a screaming halt.  That will be when Eastern Europe gets closer to Northern Europe economically, their strategy is ultimately self-defeating to the aggregate benefit of all. It's not a race to the bottom but a race to equilibrium.  This is already happening in China a bit even though their per-capita GDP is so much lower than the developed nations.  Whether it will balance out without a large drop in rich country living standards or large negative changes to inequality is less certain though."}
{"_id": "249912", "title": "", "text": "\"~~Don't know any specifics of GE or what they did, but they very would could have elected a carryback instead of a carryforward and received a refund.~~  Edit: Ok, I actually went and looked at the income statements for GE. They did *not* get a refund. They did *not* get a check from the government for the refund. This all took place between the balance sheet and the income statement. It goes down like this:  GE has on their books \"\"Deferred Tax Asset\"\" for XX billion dollars. This came from a year when they had an operating loss. They are carrying this loss forward as a deduction on their taxes (that's what makes it an asset, it's an asset to the company as it decreases their taxes).  For years, they've been reducing that Deferred Tax Asset account, and adding that amount to their \"\"Income After Tax\"\" amount. At the end of 2009, the amount they reduced that Deferred Tax Asset account by just so happened to be larger than the amount they decreased their income by due to taxable income that year.  No one wrote them a check for the difference.\""}
{"_id": "249923", "title": "", "text": "&gt;I know very well how my local government works  &gt;Presidential and statewide elections have no bearing on employment contracts for city workers.  You seem to think Port Authority employees work for the city. This is obviously untrue. If you are unable to understand this simple fact, you clearly overestimate your understanding of the local government. The governor for the last 5 years has been a democrat. David Paterson appointed the current executive director of the Port Authority. How can you possibly agree with OP blaming this on republicans?   How am I being disingenuous? I have simply stated hard facts while you have misled with your insinuation that this was a republican's fault, which it is not."}
{"_id": "249924", "title": "", "text": "&gt;The point of a business is to make a profit. End of story.  Thats a narrow and short-sighted interpretation of business practices. The rest of your comment devolved into strawmen and bullshit so I'm not going to bother addressing it. Your links were equally irrelevant but I appreciate the fact that you at least *tried* to source a reasoned argument. You didn't succeed but at least you tried."}
{"_id": "249926", "title": "", "text": "&gt;  Shitty? No doubt  I doubt it - in fact, I think it's quite reasonable.  Exceptions and loopholes aren't in the tax code *by accident*, they were put there deliberately so certain people wouldn't have to pay their taxes.  'Dodging' taxes legally is following the rules.  Period.    Have you ever given part of your paycheck back to your employer because you feel like you didn't work hard enough to earn it, or that you'd rather contribute to the company succeeding?  **Fuck no**.  We're buying israel weapons to bomb hospitals and daycares, flooding the military with weapons and tanks they don't need, *then* giving those to our cops so they can run us over and shoot us with them.  Then there's the PA Turnpike Commission here (don't even get me started).  We're paying the NSA to listen to and watch everything we do, and pumping all that info back to israel and others.  And I'm supposed to somehow *voluntarily* pay more for these things?  Pfff.  The only thing *shitty* here is the tax code to begin with - the winners are the slimy politicians, the ultra rich and conglomerate corps; the losers are small businesses and the middle class - both of whom don't have the cash base to pay for legal services to reap such tax benefits.  Ya know, the same people all the politicians circlejerk about protecting and helping to thrive - hanging them out to dry.  Taxes too high is a minor problem - not enough people paying them is a bigger one, but wasting them is worse than either of the two combined."}
{"_id": "249942", "title": "", "text": "There are two different liabilities here. You signed, so the bank can rightfully demand the money from you. Even though it is not your debt. You signed, so you have to pay.  However, it's really the business that is responsible for the account, so you can ask the business to refund the money. You might ask them to pay the bank instead if you haven't paid yet."}
{"_id": "249959", "title": "", "text": "It may be true that nearly everything in a high end store that does not sell goes to an outlet store. That does not mean that everything in an outlet store came from a high end store. The article states around 50% of some brands sales come from outlet stores. There is no way that all of that 50% was originally in one of their higher end stores."}
{"_id": "249960", "title": "", "text": "In most cases of fraud, your liability is limited to $50 if you report it within certain number of days (I think 2). After that the liability grows to something like $500. You are covered even if your negligence has caused the breach. In addition VISA guarantees credit cards - in most cases you have 0 liability. Finally checking & savings accounts are FDIC insured up to $250,000 in case the bank goes bankrupt. The $250,000 is a total for all accounts at the given bank. It's up to  you to report and ask for refund though and sometimes you have to jump through hoops to get it but usually it's fairly straightforward and it usually takes only 2 or 3 days."}
{"_id": "249971", "title": "", "text": "While paying off your debt quickly is obviously desirable it is simply not going to be possible. Even with tight budgeting I think you will struggle to put more than \u00a3500 or so per month towards your debt. I would keep trying to move the highest interest debt onto something cheaper, be it a loan, a balance transfer credit card ( http://www.moneysavingexpert.com/credit-cards/balance-transfer-credit-cards#nofees ) etc.  It is also worth looking at your current credit cards more carefully. Sometimes you may be able to get a balance transfer deal on an existing card by talking to the card issuer, then shuffle your debt around to take advantage of it ( http://www.moneysavingexpert.com/credit-cards/cut-credit-card-interest ) Some think it's taboo but in your position I would also be seriously considering if you have any friends and family who can lend you money at a less crippling interest rate."}
{"_id": "249972", "title": "", "text": "I'm of the belief that, long term, fees eat away at your performance. If you chose an ETF, say VOO, with its .05% expense, and a short term bond fund or money market fund, you are going be ahead, long term.  It's pretty much accepted fact that money managers are not beating the average long term.  For you to simply do as well as I do (S&P less .05%) your guy has to beat the market year in, year out, by 1.2%. Not going to happen. Yes, in hindsight, some funds have done this. Over the decades, losing funds are closed, or merged into performing ones. But, in the end, the average fund lags the average market return quite a bit. To pay someone 25% over two decades isn't what I'd recommend to anyone.   There was recently a PBS Frontline special, The Retirement Gamble, (and this link to my article reviewing the show).    I put up an image  which shows the effect of 50 years' impact of expenses. The Vanguard S&P ETF, linked earlier has just a .05% fee. In my chart I show .1%, and then a total 1% or 2% fee. $447K return for .1%, $294K for 1%.  I'm painfully aware that 3/4 of US taxpayers aren't saving at all. For those that are savers, the value in learning about investing is huge. This isn't a onetime $150K saved, but the savings on just that $10K deposit. Meanwhile, before you learn this, a pay-for-his-time fee-only planner is worth it, for a meeting and first year follow up."}
{"_id": "249985", "title": "", "text": "\"&gt;Let the airports handle security.  The last time we \"\"let the airports handle security\"\", they hired some teenagers at $7.25 to do \"\"security\"\", and some guys flew 2 planes into the WTC killing 3000+ people.    You sure you want the airports to \"\"handle\"\" security again?  I may not like the TSA, but the alternative (and that is the alternative; crackheads making minimum wage, because they not going to spend one fucking *dime* more than is absolutely necessary) is far worse.\""}
{"_id": "250007", "title": "", "text": "An overvalued blue chip is  likely to retain some value if things go the wrong way.. Derivatives are a different game altogether. He said the average investor, which is accurate.. a slightly more inclined amateur will go for strategies such as value/growth.. but amateurs don't usually touch complex CDS/swaps/collars/etc.   I get where you're coming from, and I agree, being an institution in itself doesn't guarantee better results.. but you're fooling yourself if you think they don't have advantages over retail investors."}
{"_id": "250008", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://reason.com/archives/2017/07/28/deregulation-and-market-forces-can-lower) reduced by 91%. (I'm a bot) ***** &gt; Drug companies argue high prices offset the high costs of developing new drugs.  &gt; Patents are normally defended as a necessary incentive for drug price innovation, but if FDA approval costs were lower, this incentive could be reduced - by, for example, shortening the life of pharmaceutical patents.  &gt; Reining in drug prices as Democrats are suggesting would not only benefit consumers who lack adequate drug coverage, but it would reduce government spending by tens of billions of dollars a year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q77yt/deregulation_and_market_forces_can_lower/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~178119 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **drug**^#1 **price**^#2 **cost**^#3 **pharmaceutical**^#4 **prescription**^#5\""}
{"_id": "250018", "title": "", "text": "\"not sure if I will help or just spread more gibberish but maybe the first concept I'd look at is risk tolerance.  Risk tolerance is discerning your ability to risk losing money to get better results.  So you know the saying \"\"the higher the risk the higher the reward\"\"?  The way most people are going to operate is somewhere on the midpoint of behavior - not doing the riskiest thing, but not doing the very most cautious thing either.  So given that concept, some investments will be more appealing given different economic scenarios.  Typically stocks are going to reward your investment a little more aggressively than a treasury bond if the economy is humming along.  This drives prices of treasuries lower, stock yields higher.  In a crappy economy, people want to move their money into conservative investments like a treasury bond. Bond prices rise while stock prices dip.    If you google 'correlations between the market prices of stocks and the market prices of Treasury bonds' you will find plenty of helpful and hopefully not too convoluted articles a la http://finance.zacks.com/correlation-treasuries-stocks-10871.html Don't get freaked out by graphs, the graphs are just a way to put into a picture that correlation.\""}
{"_id": "250027", "title": "", "text": "When you start to buy stock, don't buy too little of it! Stocks come at a cost (you pay a commission), and you need to maintain a deposit, you have to take these costs into account when buying to calculate your break even point for selling. Don't buy stock for less than 1.500\u20ac Also, diversify. Buy stock from different sectors and from different geographies. Spread your risks. Start buying 'defensive' stocks (food, pharma, energy), then move to more dynamic sectors (telecom, informatics), lastly buy stock from risky sectors that are not mature markets (Internet businesses). Lastly, look for high dividend. That's always nice at the end of the year."}
{"_id": "250028", "title": "", "text": "Generally speaking, you want to find goods and services that are inelastic and also require oil as a cost. Oil company stocks make record profits when oil is high, because direct demand for oil is relatively inelastic. Profit margins of oil competition should also go up, as this creates inflation in general, as people seek alternatives to the inelastic demand."}
{"_id": "250029", "title": "", "text": "According to the suppliers of bobcat hire deals and packages, the second thing to be checked is the connections of the machine.Experts say that all the pins and other parts installed in the machine should be in their best condition along with all the movable parts that should be clean and free from wear and tear."}
{"_id": "250038", "title": "", "text": "My go-to response whenever anyone asks me this is the Monevator table of platform fees. It looks a little complicated at first, but scroll past the table for a couple of paragraphs of useful info to help narrow down your search. The general tone of the page is geared more towards investors in index funds, but the fees on share-dealing are right there in the table too. There are also special notes if there are discounts for frequent traders and that sort of thing, so not too much passive-investor elitism on show!"}
{"_id": "250040", "title": "", "text": "Trying desperately to normalize the Rating agencies before the Fed unwind so they can stamp everything AAA and pretend that all is great.  They world has not forgotten the magnitude of the Fraud these rating agencies commited and are now preparing to commit and the collusion with the regulators and banks and insurance agencies.  Who are you going to sell that shit to, entire countries went bankrupt because they bought the shit you rated AAA.  Remember Northern rock . .that was the Tip of the Ice berg    And now, 1 month before the Fed gets ready to sell the same shit, the rating agencies conveniently reappear pretending to be able to rate sovereign countries.  This is going to be a whole lot of fun"}
{"_id": "250084", "title": "", "text": "What you need to do is to reduce the withholding from your wages, or pay a smaller amount in your quarterly payments of estimated tax (if you are self-employed). To reduce withholding from wages, fill out a new W4 form  (available from your employer's HR department). There is a worksheet in the form that will help you figure out what to write on the various lines.  As a single person, you are entitled to claim an exemption for yourself, and if you have not been claiming that exemption, doing so will reduce your withholding, and presumably your tax refund."}
{"_id": "250101", "title": "", "text": "I don't think you quite understand how the software services model works. Most software co utilizes the Amazon model for growth until they reached a critical point either by market size or squeezing out other players.    Your unit economic talks works only when bootstrapping and maybe debt financing. For companies that can grow using equity financing its certainly not the case. See: Tesla."}
{"_id": "250135", "title": "", "text": "&gt; unlimited data plans on your phone  This may work in some countries; in the US, oligopolic wireless carriers are doing their level best to ensure it doesn't become the norm, because they collectively see it as a threat to their business models.    They may still lose; tho I consider it unlikely, as the best scenario for that would require increasing the number of players in the wireless market.   Some sort of open-access rule for infrastructure built by companies granted spectrum licenses would be a good start, but seems unlikely given how much more sway corporations have over the state than consumers."}
{"_id": "250139", "title": "", "text": "It's really all just speculation, we don't know what they're looking for.    I do know from a roads perspective Boston in general can be difficult because trucks can't get in there easily from every direction.  Western and newer builds that didn't grow up around colonial times seem preferred when I've spoken to logistics people.    They'll also want a city capable of incubating trial platforms so Socal or NY could be huge.  Atlanta and Austin as well.  Boston seems to mostly have a surrounding metro population, yes, but it's also one of the furthest way from Seattle which isn't an advantage so much as a proximity thing."}
{"_id": "250142", "title": "", "text": "I think this has more to do with bad parenting than low wages. Think about it, who are these people that can even answer this question. If I were asked it, I'd say that I have no idea because not working is not an option, but I make sure that I am always able to make a good income.  To me the only people who are able to do this are economic outpatient care recipients. Or people that can lie off of mommy and daddy's money. If I don;t work, my family and I go hungry, I lose my house, and everything fails. Put in this situation I'd take the low paying job and work up to the better paying one.  People need to suffer through a shitty job or two to develop character."}
{"_id": "250164", "title": "", "text": "When a stock is going to become public there's a level of analysis required to figure out the range of IPO price that makes sense. For a company that's somewhat mature, and has a sector to compare it to, you can come up with a range that would be pretty close. For the recent linkedin, it's tougher to price a somewhat unique company, running at a loss, in a market rich with cash looking for the next great deal. If one gives this any thought, an opening price that's so far above the IPO price represents a failure of the underwriters to price it correctly. It means the original owners just sold theirvshares for far less than the market thought they were worth on day one. The day of IPO the stock opens similar to how any stock would open at 9:30, there are bids and asks and a price at which supply (the ask) and demand (bid) balance. For this IPO, it would appear that there were enough buyers to push the price to twice the anticipated open and it's maintained that level since.  It's possible to have a different system in which a Dutch auction is used to make the shares public, in theory this can work, it's just not used commonly."}
{"_id": "250166", "title": "", "text": "Definitely push for a check, they may not do anything nefarious with your credit card number however someone else may be able to read the email before it gets to its final destination. It's never safe to give out credit card number in a less than secure interface. Also, if this is a well known company, then the person interacting with you should know better than to ask for your information through email."}
{"_id": "250185", "title": "", "text": "Agree completely with this. I don't know if the average customer even knew or cared about what was going on (at least at first). All they knew was that the shelves were empty and it was completely uncomfortable to shop there."}
{"_id": "250191", "title": "", "text": "When you start looking for Dj services for your event party, then make sure you choose best full-time Dj. A professional DJ will carry his own well equipment with him. We provide the Dj equipment hire in Northampton. If you want to DJ service in Northampton city, then you can visit our office. Let us look at a few points that will show you why you need to hire a professional disc jockey in order to make your wedding party an unforgettable one for your guests."}
{"_id": "250195", "title": "", "text": "In your case, you could very well leave it in something like FFFFX, which for readers is a self balancing fund with a target retirement date of 2040.  These funds are a conglomeration of other funds that tend to move more conservatively as time passes. However, I like to put no more than 10% of my portfolio in one fund with exceptions made for balances less than 20K.   So If I had 18K it really wouldn't matter if it was in FUSEX a S&P 500 index fund.  However by investing in FFFFX you pretty much meet that requirement.    So you are golden if that fund meets your goals.  For me, I kind of hate bonds and despite being of similar age, I have almost no money invested in bonds."}
{"_id": "250198", "title": "", "text": "\"(Regarding one aspect of the question) Here's a survey suggesting new programmers value \"\"free lunch\"\", old programmers do not care about it: https://stackoverflow.blog/2017/06/12/new-kids-block-understanding-developers-entering-workforce-today/?cb=1\""}
{"_id": "250204", "title": "", "text": "Hello, i am glad to read the whole content of this blog and am very excited and happy to say that the webmaster has done a very good job here to put all the information content and information at one place, i will must refer this information with reference on my website"}
{"_id": "250206", "title": "", "text": "\"From what I gathered, the point is not that he acted like a savvy business person would while at Bain, but that he's running on being an \"\"American job creator who will use his experience in business to create American jobs\"\", when most of his business experience dealt with destroying American jobs.  Ninja update: This does seem more appropriate in a political subreddit other than r/business, but /r/politics is not worthy of it.\""}
{"_id": "250239", "title": "", "text": "Quick, do Forbes next.  It's pretty funny that people are raising the issue of the ownership of Reddit. There is no way that anyone involved in running the site would be foolish enough to believe that favoring Conde Naste properties would end well."}
{"_id": "250245", "title": "", "text": "\"There are a lot of business reasons why the H1B abuse is a bad idea.  When it's used for it's original purpose, importing skilled workers from abroad, is good, but that has become the small minority of it's use now.  Instead it is being used in a \"\"race to the bottom\"\"  type of approach to maximize short term profits.  Good people cost good money.  There are engineers in India that are AMAZING.  Guess what?  They are just as expensive as amazing engineers in the US.  When you hire cheap employees you get cheap work. Doesn't matter where it is.  It doesn't matter though, senior management just plays the game.  Cut costs, bump up the stock, collect your bonus, find a new job where you can tell them all about how much money you saved your last company and repeat the cycle there.  Meanwhile 2-5 years later all of these companies start [suffering huge problems ](http://www.cnbc.com/2017/05/27/british-airways-says-computer-outage-causing-global-delays.html) because their IT has gone to shit.\""}
{"_id": "250281", "title": "", "text": "Al igual que la fidelidad del cliente, la \u201clealtad\u201d a una marca est\u00e1 cuestionada.  C\u00f3mo valora el p\u00fablico tus marcas est\u00e1 cambiando, garant\u00eda de desempe\u00f1o y diferenciaci\u00f3n se est\u00e1n volviendo m\u00e1s relevantes. Las variaciones en los h\u00e1bitos de consumo y en las relaciones empresa-cliente afectan estas valuaciones.  El principal activo de tu marca es la garant\u00eda que le provee al consumidor sobre la satisfacci\u00f3n de sus expectativas. Proporciona seguridad en el proceso de decisi\u00f3n de compra, lo hace m\u00e1s f\u00e1cil.  Antes la gente adquir\u00eda una marca \u201cconocida\u201d pues brindaba confianza en su desempe\u00f1o y el costo de conseguir referencias sobre productos sustitutos era alto. Hoy la informaci\u00f3n satura la Internet y los medios de comunicaci\u00f3n, las opiniones positivas y negativas se diseminan r\u00e1pidamente en la web. La publicidad pierde credibilidad y solo satisfacer al cliente mejor que la competencia cada d\u00eda te permitir\u00e1 mantener el valor de tu marca."}
{"_id": "250285", "title": "", "text": "The typical rule in the US is 180 days, but some banks do it differently. However, even if the check is dead, you should be able to call the payroll department for your old job. They can stop payment on the old check and issue you another one."}
{"_id": "250294", "title": "", "text": "\"You should certainly look into investments. If you don't expect to need the money until retirement, then I'd put it in an IRA so you get the tax advantages. It makes sense to keep some money handy \"\"just in case\"\", but $23k is a very large amount of money for an emergency fund. Of course much depends on your life situation, but I'm hard pressed to think of an unexpected emergency that would come up that would require $23k. If you're seriously planning to go back to school, then you might want to put the money in a non-retirement fund investment. As I write this -- September 2015 -- the stock market is falling, so if you expect to need the money within the next few months, putting it in the stock market may be a mistake. But long term, the stock market has always gone up, so it will almost certainly recover sooner or later. The question is just when. Investing versus paying off debts is a difficult decision. What is the interest rate on the debt? If it's more than you're likely to make on an investment, then you should pay off the debt first. (My broker recently told me that over the last few decades, the stock market has averaged 7% annual growth, so I'm using that as my working number.) If the interest rate is low, some people still prefer to pay off the debt because the interest is certain while the return on an investment is uncertain, and they're unwilling to take the risk.\""}
{"_id": "250314", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-15/china-s-zhou-warns-corporate-debt-too-high-urges-fiscal-reform) reduced by 88%. (I'm a bot) ***** &gt; People&amp;#039;s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.  &gt; &amp;quot;The main problem is that the corporate debt is too high,&amp;quot; Zhou said Sunday during a panel discussion at a Group of 30 seminar in Washington held in conjunction with the International Monetary Fund and World Bank annual meetings.  &gt; Opening Up. Zhou&amp;#039;s remarks were the latest in a string of public comments by China&amp;#039;s normally low-profile central bank chief.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76n80v/chinas_central_bank_chief_warns_corporate_debt_is/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229048 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Zhou**^#1 **financial**^#2 **government**^#3 **debt**^#4 **percent**^#5\""}
{"_id": "250318", "title": "", "text": "\"to finish u/randommouse's point, the lumber is then put into a kiln where it is dried to a moisture content of about 19%.  This drying process causes the lumber to shrink.  2x4 = 1.5\"\" x 3.5\"\"  2x6 = 1.5\"\" x 5.5\"\"  2x8 = 1.5\"\" x 7.25\"\" and so on...\""}
{"_id": "250326", "title": "", "text": "We moved and decided to drop cable a few years ago. I haven't really missed it at all. I also don't pirate anything. I imagine people willing to pirate have absolutely no problem dropping cable TV.  The *only* thing I miss is my hometown sports. I can't always get them over the air.  The thing is that it is a redundant system. It is a less appealing information delivery system. Why would I pay for internet service and a worse, time restricted service? It is one of the reasons I think that Netflix's move to original content is smart. I pay a small price for quality content that just uses the best information delivery system I have.  Honestly, I suspect that phone service (even mobile) is going to head in that direction too."}
{"_id": "250328", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://news.vice.com/story/democrats-just-united-on-a-15-an-hour-minimum-wage) reduced by 85%. (I'm a bot) ***** &gt; On Thursday, Senate Democrats introduced legislation that would raise the minimum wage to $15 an hour by 2024, reflecting local laws that have raised the minimum wage in 19 states earlier this year.  &gt; Would be the biggest federal minimum wage increase in history, and it would additionally peg future minimum wage increases to inflation.  &gt; Economists Paul Wolfson and Dale Belman, two of the most respected authorities on the effect of minimum wage policies, wrote in an award-winning 2014 book that &amp;quot;Modest minimum wage increases raise wages for the working poor without substantially affecting employment or work hours, providing solid benefits with small costs.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejc2k/democrats_just_united_on_a_15anhour_minimum_wage/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133530 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **minimum**^#2 **increase**^#3 **work**^#4 **hour**^#5\""}
{"_id": "250354", "title": "", "text": "\"Well, this sub is generally pretty darn good. Among us are investment bankers, private equity analysts, valuation analysts, portfolio managers, traders, brokers, bachelors, masters, and doctorate students, etc. We're helpful, though sometimes snarky, and have an exceedingly low tolerance for bullshit.  I love it here.  And while your logic is sound, we can actually explore private equity directly, as while private and public equity are related, they are different enough to study separately, in my opinion.  Private equity deals with private companies. By definition, these investments are illiquid (they cannot be easily sold like public stocks), and unmarketable (there is no ready market to trade these investments, like stock). They are generally held for longer time periods.  At its earliest stage, private equity is synonymous with \"\"initial investment\"\" or \"\"seed funding.\"\" This includes (if we are maybe slightly liberal with our definition), the initial investment an entrepreneur makes into his business. At this stage, friends and family, angel investors and venture capital are present. At different points of a company lifecycle, different financiers become interested/applicable (mezzanine investors, etc.).  The investment made into a company allocates a certain percentage of the ownership of the company to the investor in exchange for cash (usually). This cash is used to cover expenses and take on capital projects. The goal of these investments is to directly make the company (and its value, and thus the investor's value) grow.   At some points in time, a new investor will show up and either invest directly in the company (same as before) or buy another investor's holding in the company (in which case, cash goes to *that specific investor* and *not* the company).   At every stage of investment leading up to IPO, the deals are negotiated between the parties. The results of a given negotiation determines the value of that company's equity. For example, if I pay you $100 for 50% of your company, the company's implied worth is $200. If two days later, Joe comes and offers to buy 33% of the company for $100, the Company is worth $300. (Special note: these percentages are assumed to be the allocation of equity **after** the deal. In this last case, the ownership of your company would be 33% you, 33% me, and 33% Joe. This illustrates something called *dilution,* which is very important to investors as it effects their eventual potential payoff later down the road, along with some other things).   At this point, do you have any questions?\""}
{"_id": "250381", "title": "", "text": "Since you're a minor, this would come down to your sister lending you the money, possibly taking out a loan herself to do so.  If you can't wheedle her into doing so, then the only help she can give you is to help wheedle your parents."}
{"_id": "250395", "title": "", "text": "This is snarky, but I really consider life insurance only to be an investment for THE INSURANCE COMPANY, if you don't have dependents who will need the insurance in case you are hurt or die."}
{"_id": "250397", "title": "", "text": "\"Money is a tool. Here is an \"\"oversimplified\"\" order of investments:\""}
{"_id": "250446", "title": "", "text": "The best asset allocation is one that lets you sleep well at night. Can you stomach a loss of 50% and hold on to that asset for 3 years, 5 years, or however long it will take to bounce back while everyone is telling you to sell it at a loss? All these calculations will be thrown out the window at the next market panic. You've probably been in situations where everyone's panicking and the market seems upside down and there are no rules. Most people think they'll stay rational, but unless you've been through a market panic, you don't really know how you'll react."}
{"_id": "250466", "title": "", "text": "Clearly the US isn't interested in prosecuting executives for criminal activity, and hasn't been for years. Rick Scott perpetrated the largest Medicare fraud in history, but he was never charged with a crime because his company (HCA Columbia) agreed to pay nearly a billion in fines. His lack of a criminal record and substantial net worth left him free to pursue other opportunities, like becoming the governor of Florida."}
{"_id": "250497", "title": "", "text": "\"Have worked in 4 different 'open space' offices, and by far the most distracting noise has been laughter...I'm all for enjoying your work and conversations don't bother me nearly as much, but there are certain I guess, \"\"types\"\" of laughter that sounds either forced or exaggerated, and that noise carries very well and to me is wicked distracting.\""}
{"_id": "250498", "title": "", "text": "\"From a tax/legal perspective, any income is taxable no matter how derived.  On the other hand, if you're asking, \"\"When has my hobby crossed over from being something that I do on the side to something I should consider doing full-time?\"\"  Different set of answers. Firstly, do you want to place that burden on your hobby?  If you're doing it purely for fun, do you want to \"\"marry your mistress\"\"? Once you start depending on it for income, the money you earn is no longer fun-money and must now be used to pay legitimate expenses, taxes and other commitments. Secondly, will it support you or will you need other side projects?  Consider your total income package now, including whatever you make from your hobby.  How much would change if you switched your commitments and, perhaps, lost some of that revenue? Lastly, if you started your hobby to be a break from the routine, what will now break you from the routine of your now ex-hobby? All that said, if you're genuinely pleased by the income and overall profitability of the hobby, excited by the opportunities available and see a engaging and stimulating new career ahead of you then go for it.\""}
{"_id": "250500", "title": "", "text": "I can make that election to pay taxes now (even though they aren't vested) based on the dollar value at the time they are granted? That is correct. You must file the election with the IRS within 30 days after the grant (and then attach a copy to that year's tax return). would I not pay any taxes on the gains because I already claimed them as income? No, you claim income based on the grant value, the gains after that are your taxable capital gains. The difference is that if you don't use 83(b) election - that would not be capital gains, but rather ordinary salary income. what happens if I quit / get terminated after paying taxes on un-vested shares? Do I lose those taxes, or do I get it back in a refund next year? Or would it be a deduction next year? You lose these taxes. That's the risk you're taking. Generally 83(b) election is not very useful for RSUs of established public companies. You take a large risk of forfeited taxes to save the difference between capital gains and ordinary gains, which is not all that much. It is very useful when you're in a startup with valuations growing rapidly but stocks not yet publicly trading, which means that if you pay tax on vest you'll pay much more and won't have stocks to sell to cover for that, while the amounts you put at risk are relatively small."}
{"_id": "250502", "title": "", "text": "The key to getting a job in college and for the rest of your life is networking and knowing exactly where you want to work not a business card.  During a career fair, recruiters get flocked hundreds of students who don't know shit about the company or industry.  All you need to do is research the company and figure out what makes it better than it's competitors. Then when you talk to a recruiter at the fair, be sure to slip it into the conversation.  Recruiters are looking for people who fit the companies culture. Make sure you structure your elevator pitch in a way that aligns with it perfectly.  If you do these things, I guarantee you will get an interview assuming you have the minimum GPA"}
{"_id": "250503", "title": "", "text": "\"I'm not sure if they're required to do so, but I have been neglecting to sign my cards for some time now.  If they do check, that triggers an ID check, where they'll find my signature.  I know of at least one person that writes \"\"see ID\"\" instead of signing their cards.  He began that practice over 10 years ago.\""}
{"_id": "250512", "title": "", "text": "\"How is paying a liveable wage \"\"overpaying\"\" them? These stores make money hand over fist, and would not be able to do any of that without the help of everyone on the front lines working their ass off. Working an extra 10-20 hours of unpaid overtime for fear of being fired if they don't.  I've got my nice cushy corporate job now, but I have worked at one of these shit holes (target, not walmart) and it is horrifying how they treat their employees.\""}
{"_id": "250530", "title": "", "text": "Canadian Couch Potato has an article which is somewhat related. Ask the Spud: Can You Time the Markets? The argument roughly boils down to the following: That said, I didn't follow the advice. I inherited a sum of money, more than I had dealt with before, and I did not feel I was emotionally capable of immediately dumping it into my portfolio (Canadian stocks, US stocks, world stocks, Canadian bonds, all passive indexed mutual funds), and so I decided to add the money into my portfolio over the course of a year, twice a month. The money that I had not yet invested, I put into a money market account. That worked for me because I was purchasing mutual funds with no transaction costs. If you are buying ETFs, this strategy makes less sense. In hindsight, this was not financially prudent; I'd have been financially better off to buy all the mutual funds right at the beginning. But I was satisfied with the tradeoff, knowing that I did not have hindsight and I would have been emotionally hurt had the stock market crashed. There must be research that would prove, based on past performance, the statistically optimal time frame for dollar-cost averaging. However, I strongly suppose that the time frame is rather small, and so I would advise that you either invest the money immediately, or dollar-cost average your investment over the course of the year. This answer is not an ideal answer to your question because it is lacking such a citation."}
{"_id": "250533", "title": "", "text": "From the link posted in the other response, it looks like you with be charged 1.3% of the loan value for MMI.  With an 85% LTV loan, in effect, you are paying 1.3% for the 5% down payment you don't have. Let me offer this with a few numbers. $100K home, $85K loan. 1.3% of $85K is $1105/year in MMI. This is for the fact that you are missing the $5000 extra deposit to get to 80% LTV.  This is over 20% in cost for that missing money. Most credit cards are below this rate. If one were at a 95% LTV, I understand that it might be tough to raise the remaining money needed, but in this case, 5% is so close the fee cost actually becomes absurd."}
{"_id": "250537", "title": "", "text": "File a small claims lawsuit in the city that the person resides. The court will charge you a small fee and give you a date. They will also summons the other person to appear.  Bring all the documentation that shows the following BONUS  - Bring the documentation that shows them saying they will not pay you back I had to sue someone once for a very similar problem. I lent them a 6 month interest free loan. They told me to shove it after 6 months and 1 day. So I sued them.  The court should accept facebook messages as proof. More than likely though your friend wont even show up which means you win by default.  Here's the bad news, that was the easy part. Just because you win in court doesn't mean the money appears the next day. There are a couple ways you may have to recover your money. Best of luck to you!"}
{"_id": "250542", "title": "", "text": "Mango Flavored Gourmet Dietary Supplement Hemp Oil Infused Caribbean Edibles infused full spectrum Mongo flavored hemp oil into all of our organic fruit-flavored products totally masking all of the original hemp taste. Making it a delightful addition to your daily supplement intake. Every drop reminds you of that amazing Caribbean trip took with your loved ones."}
{"_id": "250554", "title": "", "text": "So, you are thinking about moving to St. Louis . . . You have made a great decision. St. Louis is known as the Gateway City, which has plenty to offer its residents and visitors, including a large variety of family-friendly activities, amazing entertainment, and a booming nightlife."}
{"_id": "250557", "title": "", "text": "Si vous \u00eates propri\u00e9taire d'un h\u00f4tel, vous devez avoir un \u00e9quipement de restauration de classe mondiale pour am\u00e9liorer la r\u00e9putation de votre h\u00f4tel. Vous pouvez acheter des \u00e9quipements de restauration en ligne; Il y a tellement d'entreprises qui vendent le meilleur \u00e9quipement de restauration. Hmfroid est l'une des meilleures entreprises d'entre elles."}
{"_id": "250559", "title": "", "text": "\"This is why California tax code is even more messed up than the Federal - they take the Federal and then add some. Or remove. Or mix up. Whether your brokerage will send 1099 or not is up to the brokerage. Its a Federal requirement. California may require them to send it out for CA residents, or may not. They may adhere to the FTB, or may not. It doesn't matter to you. You'll have to keep track of the interest and dividends received, cost basis for the securities, etc etc., just as any other brokerage account. You cannot rely solely on the information on the 1099 anyway, since it doesn't include many things you have to take into account for your Federal tax return as well, wash sales (inter-brokerage) being the most obvious example. As to what happens when you're 65 - you'll have to keep track, again, of all the taxes paid, and track your California basis in the account, and your Federal basis in the account, and they will not be  the same. Reconciliation time again when you get there. What a mess. If you move to another state - the taxes you paid to CA are \"\"lost\"\".  Similarly, if you move in to California, all the gains prior to moving in are not taxed by California. Whatever happens after - is taxed by CA as if it was a regular investment account.\""}
{"_id": "250563", "title": "", "text": "\"Ok hate speech as a crime has to meet very specific criteria. E.g. the group has to be identifiable and your speech has to be unjust, potentialy harmful and generalized. You gave a very good example of that aka the swedish 70 year old lady who said ( i googled the case): \"\" Muslims burn cars and piss and shit on the streets\"\" ( this is the message not the actual words was to lazy looking deeper into this). So she DIDN'T say she saw 1 guy pissing in the streets she knows to be muslim or he just looks like one ( how do muslims look by the way. some i know look like seinfeld characters.) She said ALL muslims pissing and shitting in the streets and set cars on fire..... thats a big difference. Comments like this are extremely harmful to the mentioned groups, because innocent people are branded with negative stereotypes. The real world consequence is prosecution and violence which severely limits the freedom of this group. Why do people (fyi \"\"people\"\" is not a specific group so no hate speech \ud83d\ude09) not get this. If the same thing happens to a person and not a group it becomes clear: e.g. \"\"raananh is a liar and steals everything he can and tends to shit on his bosses desk\"\". This is widely spread and you apply for a job in a law firm. They do not hire you because the boss likes his desk clean. Harm was done to you. You are pissed and righteously sue me because it's illegal to spread untruths about you. You can even do so in the USA \ud83d\ude2eOMG FREEDOM OF SPEECH. Sweden does many things right and is to this day one of the most open and free countries.\""}
{"_id": "250564", "title": "", "text": "First, they don't have an obligation to provide a service for a non-customer.  In theory, the could even refuse this service to account holders if that was their business model, although in practice that would almost surely be too large of a turn-off to be commercially feasible.  Non-account holders aren't paying fees or providing capital to the bank, so the bank really has no incentive or obligation to tie up tellers serving them. Maybe as importantly, they have a legitimate business reason in this case as stated.  The fact that the bill passed whatever test the teller did does not, of course, ensure that the bill is real.  They may (or may not) subject it to additional tests later that might be more conclusive.  Making you have an account helps ensure that, in the event they do test it and it fails, that (a) they know who you are in case the Secret Service wants to find you, and (b) they can recover their losses by debiting your account by the $100.  This isn't foolproof since any number of bad things could still happen (identity theft, closing account before they do additional tests, bill passing later tests, etc.), but it does give them some measure of protection."}
{"_id": "250571", "title": "", "text": "\"Having no utilization makes you an outlier, it's an unusual circumstance for most people, and the scoring model cannot make any predictions based on it. If you think of it from the underwriter's perspective, zero utilization could mean all sorts of things... are you dead? indigent? unable to work?  When you buying a product (like money or insurance) whose pricing is based on risk, being \"\"weird\"\" will usually make you a higher risk. That said, it isn't the end of the world. If you are in this situation, I wouldn't lose sleep over it.\""}
{"_id": "250603", "title": "", "text": "In India, assuming that you have already paid relevant [Income/Capital gains] tax and then deposited the funds into your Bank [Savings or Current] Account; there is NO INCOME tax payable for amount.   Any interest earned on this amount is taxable as per Income Tax rules and would be taxed at your income slabs.   Wealth Tax is exempt from funds in your Savings Account. I am not sure about the funds into Current Account of individual, beyond a limit they may get counted and become part of Wealth Tax. More details here http://timesofindia.indiatimes.com/business/personal-finance/Do-you-have-to-pay-wealth-tax/articleshow/21444111.cms"}
{"_id": "250623", "title": "", "text": "Assuming you purchased shares that were granted at a discount under the ESPP the 50% exemption would not apply. It's pretty unusual to see a US parent company ESPP qualify for the 110(1)(d) exemption, as most US plans provide for a discount"}
{"_id": "250634", "title": "", "text": "\"It's because of poor dieting and lack of exercise that they became fat in the first place. Somehow I doubt the \"\"best efforts\"\" are truly that serious if most of the dieting regimens include some supplement or other.   Ultimately, it's just people being lazy. Instead of eating processed garbage with tons of preservatives, eat real natural foods. Instead of sitting on your ass watching tv or playing video games, go out for a run, a bike ride, or even work out in a gym.  No excuse.\""}
{"_id": "250640", "title": "", "text": "With a limited company, you'll have to pay yourself a salary through PAYE. With income from your other job taking you over the higher-rate threshold, you should inform HMRC of this and get a tax code of DO for the second job, meaning 40% tax (and also both employer's and employee's National Insurance) will be deducted from the whole amount of the salary. See here.  Dividends should be like any other dividend -- you won't pay extra tax when you receive them, but will have to declare them on your tax return and pay the tax later. See the official information here. You'll get a \u00a35,000 tax allowance for dividends, but they'll still count as income for purposes of hitting the higher-rate threshold. I think in practice this means the first \u00a35,000 will be tax-free, and the rest will be taxed at 32.5%. But note that you have to pay yourself at least the minimum wage as salary, not as dividend.  I can't see IR35 being an issue.  However, I'm not a professional, and this situation is complicated enough to need professional advice. Talk to an accountant or a tax advisor."}
{"_id": "250644", "title": "", "text": "\"But if we raise the price of the juicer to something rediculous,  it will seem like a \"\"premium\"\" product,  and if we lock our customers into buying their juice from us only, and auto expire the fruit on an aggressive schedule we'll make a ton of money.  It's the hottest trend right now.  We can slap that model on anything and it's guaranteed to make us money,  just like it says in this $80k Power Point deck.  Open source fruit is a thing of the past folks.  Squeezing fruit by hand is for plebians and suckers.\""}
{"_id": "250653", "title": "", "text": "You can statistically estimate the maximal loss/gain over a period of time T by the highest loss/gain during any of the same length time intervals in during the life of the stock. Using logarithmic prices to be more accurate."}
{"_id": "250657", "title": "", "text": "A good corollary. That's why HIPAA actually worked, since it imposed direct fines and jail time on personnel responsible. Ever notice how of all the privacy stuff, HIPAA is the only one that's taken seriously?   We need more laws that pierce the corporate veil for intentional malfeasance or gross misconduct."}
{"_id": "250662", "title": "", "text": "It's more like, asshats never let the government really try to help these people.   Welfare was reducing poverty up until the early 90's when Clinton significantly reduced welfare benefits. Since then we have only continued the trend.  If you want to say welfare is a failure, you should really limit your data to periods where we were actually providing a realistic amount of aid to families and not the last 20 years where we gave them an increasingly smaller share and wondered why they weren't getting ahead."}
{"_id": "250672", "title": "", "text": "I respectfully disagree with @JohnFX's comment regarding new vs used.  (John knows what is talking about though; he gave an awesome answer on buying a car:  What are some tips for getting the upper hand in car price negotiations?) The answer to your question is based on whether or you not you can stand to have a small, loud, cheap but reliable car for the next 10 or 15 years. If you plan to keep your new car until it dies 20 years from now, then a new car can be a fine choice.  I just bought a car and the difference between my 2013 Hyundai and a comparable 2012 Hyundai wasn't much.  Furthermore, it was hard to even find a 2012 (which justifies the higher price from dealerships and the private market).  Doing math in my head told me the reduced usage I will get out of the car wasn't offset by the slightly lower price. Depending on the specific age, insurance on newer cars can be cheaper than insurance on older cars. (But you have to have carry more insurance, so consider that as well.)  There might not be a different between a 2010 and a 2012, but there will likely be for a 2005 and the 2013. New cars can be cheaper to operate.  Lower fuel costs, better safety and possibly pollution costs.  They are tuned up and you know everything about their history. Repairs and factory warranties might not be available on a used car, so if you car turns out to be a problem, your out of pocket is limited. These programs don't mean anything.  Get an independent certified mechanic to check out any used car you buy.  If the dealer won't let you get the car checked out, then they aren't worth your business.  Certified cars don't justify their cost according to consumer reports, they are more for marketing than reliability. Don't waste money on a third party warranty.  Either the car is good and doesn't need it, or it needs a warranty and you shouldn't buy it.  If you new car comes with a factory warranty, that is fine.  Radio host Clark Howard is indifferent if you want to purchase a factory warranty separately, but never a third party. Just out of college, you probably will be better off spending the least amount of money you can for a good used car. If for no other reason, this likely isn't going to be your car in the near future.  (Only you can answer that) If you have a feeling you won't keep your tiny car well into your 30s, then definitely don't buy a new car.   Also, my experience only applies to my make and model.  Certain models of cars keep their value and the difference between new and used isn't much for the most recent model years. But there are many more makes and models that don't pan out that way."}
{"_id": "250681", "title": "", "text": "Consider getting yourself a gas card. Use it for a year. Make your payments on time. Then reapply for a credit card."}
{"_id": "250693", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Siberia Airlines Flight 1812**](https://en.wikipedia.org/wiki/Siberia%20Airlines%20Flight%201812): [](#sfw)   ---  &gt;__[Siberia Airlines](https://en.wikipedia.org/wiki/S7_Airlines) Flight 1812__ was a commercial flight shot down by the Ukrainian military over the [Black Sea](https://en.wikipedia.org/wiki/Black_Sea) on 4 October 2001, en route from [Tel Aviv](https://en.wikipedia.org/wiki/Tel_Aviv), [Israel](https://en.wikipedia.org/wiki/Israel) to [Novosibirsk](https://en.wikipedia.org/wiki/Novosibirsk), Russia. The plane, a [Soviet](https://en.wikipedia.org/wiki/Soviet)-made [Tupolev Tu-154](https://en.wikipedia.org/wiki/Tupolev_Tu-154), carried an estimated 66 passengers and 12 crew members. Most of the passengers were [Israelis](https://en.wikipedia.org/wiki/Israelis) visiting relatives in Russia. No one on board survived. The crash site is some 190\u00a0km west-southwest of the Black Sea resort of [Sochi](https://en.wikipedia.org/wiki/Sochi) and 140\u00a0km north of the Turkish coastal town of [Fatsa](https://en.wikipedia.org/wiki/Fatsa) and 350\u00a0km south-southeast of [Feodosiya](https://en.wikipedia.org/wiki/Feodosiya) in [Crimea](https://en.wikipedia.org/wiki/Crimea). Ukraine eventually admitted that the disaster was probably caused by an errant missile fired by its armed forces.  Ukraine ended up paying $15 million to surviving family members of 78 victims ($200,000 per victim).  &gt;====  &gt;[**Image**](https://i.imgur.com/77HfnX0.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Tupolev_Tu-154M,_Siberia_Airlines_AN0558517.jpg)  ---  ^Interesting: [^List ^of ^airliner ^shootdown ^incidents](https://en.wikipedia.org/wiki/List_of_airliner_shootdown_incidents) ^| [^S7 ^Airlines](https://en.wikipedia.org/wiki/S7_Airlines) ^| [^List ^of ^accidents ^and ^incidents ^involving ^commercial ^aircraft](https://en.wikipedia.org/wiki/List_of_accidents_and_incidents_involving_commercial_aircraft) ^| [^Aviation ^safety](https://en.wikipedia.org/wiki/Aviation_safety)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjmknah) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjmknah)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "250702", "title": "", "text": "These unclaimed wages were presumably yours for the taking in Year X when employer paid your other wages.  Maybe this is just about uncashed paychecks.  In that case, they would have appeared on your W-2 for that year.  If you filed your return including that W-2 income, then this is likely not new income. This would be a constructive receipt evaluation.  Income occurs when you have the right to income, whether or not you have actual receipt of it.  For example, if you are paid via cash drops into a piggy bank but you wait a week (for the start of a new tax period) to withdraw your cash from the piggy bank, then the money was constructively received on the day it went into the piggy bank.  This prevents taxpayers from structuring their actual receipt of income, for tax purposes or otherwise, in ways at odds with their true economic position.  You can't delay taxable income that is legally yours simply by refusing to accept it when you have the right to it. The wages were income at the time your employer proffered the paycheck.  You did not cash it, but I suspect that you filed it on that year's taxes.  There's a slight wrinkle that when the check went stale your ability to access the money was not so straightforward.  However, you still had the legal right to the money, so my perspective is that the analysis did not change when the check went stale."}
{"_id": "250721", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Open access (infrastructure)**](https://en.wikipedia.org/wiki/Open%20access%20%28infrastructure%29): [](#sfw)   ---  &gt;  &gt;In the context of [infrastructure](https://en.wikipedia.org/wiki/Infrastructure), __open access__ involves physical infrastructure such as railways and physical telecommunications network plant being made available to clients other than the owners, for a fee.  &gt;For example, private railways within a steel works are private and not available to outsiders. In the hypothetical case of the steelworks having a port or a railway to a distant mine, outsiders might want access to save having to incur a possibly large cost of building their own facility.  &gt;  ---  ^Interesting: [^Open ^access](https://en.wikipedia.org/wiki/Open_access) ^| [^Directory ^of ^Open ^Access ^Journals](https://en.wikipedia.org/wiki/Directory_of_Open_Access_Journals) ^| [^Train ^operating ^company](https://en.wikipedia.org/wiki/Train_operating_company) ^| [^Broadband ^open ^access](https://en.wikipedia.org/wiki/Broadband_open_access)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+ck1ryej) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+ck1ryej)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "250722", "title": "", "text": "Paying on time is the most critical factor. Paying ahead on the loan will not help you from a credit score POV, but it will not hurt you either. In general, to maintain a good credit history, don't bother focusing on credit scores. Frankly, there is very little reason for you to even know what your score is. Just do the following: Lenders want to deal with people with long histories of paying debts back on time."}
{"_id": "250759", "title": "", "text": "Definitely. The only reason I didn't mention banking was because I know there's currently a lot of speculation regarding the impact Brexit will have on financial institutions operating from London.  But the core foundation of banking is still so strong in London. People keep saying London's banking can't survive leaving EU ..... but look at NYC, Geneva, and Singapore - none of them are in the EU and are considered the worlds largest banking capitals."}
{"_id": "250761", "title": "", "text": "\"Stock prices are set by bidding. In principle, a seller will say, \"\"I want $80.\"\" If he can't find anyone willing to buy at that price, he'll either decide not to sell after all, or he'll lower his price. Likewise, a buyer will say, \"\"I'll pay $70.\"\" If he can't find anyone willing to pay that price, he'll either decide not to buy or he'll increase his price. For most stocks there are many buyers and many sellers all the time, so there's a constant interplay. The typical small investor has VERY little control of the price. You say, \"\"I want to buy 10 shares of XYZ Corporation and my maximum price is $20.\"\" If the current trending price is below $20, your broker will buy it for you. If not, he won't. You normally have some time limit on the order, so if the price falls within your range within that time period, your broker will buy. That is, your choice is basically to buy or not buy, or sell or not sell, at the current price. You have little opportunity to really negotiate a better price. If you have a significant percentage of a company's total stock, different story. In real life, most stocks are being traded constantly, so buyers and sellers both have a pretty good idea of the current price. If the last sale was ten minutes ago for $20, it's unlikely anyone's going to now bid $100. They're going to bid $20.50 or $19.25 or some such. If the last sale was for $20 and your broker really came to the floor and offered to buy for $100, I suppose someone would sell to him very quickly before he realized what an outrageous price this was. I use TD Ameritrade, and on their web site, if I give a price limit on a buy that's more than a small percentage above the last sale, they reject it as an error. I forget the exact number but they won't even accept a bid of $80 if the stock is going for $40. They might accept $41 or $42, something like that.\""}
{"_id": "250762", "title": "", "text": "1768? 1868? 1968?   Actually, the last time France stood up to the USA or UK was during the De Gaulle government, and his government was nearly toppled by the May '68 Paris uprising. Around 1972, pretty much every one in Europe is under US economic and political hegemony."}
{"_id": "250766", "title": "", "text": "The benefits and taxes thing, in my opinion is the biggie. Most people don't realize that the cost to the company for a full-time employee with benefits can be 2x or even 3x the amount they see in their paycheck.  Health plans are extremely expensive. Even if you are having money taken from your check for health insurance, it is often just a fraction of the total cost, and the employer is subsidizing the rest.  More expensive benefits that contractors don't typically get are 401K matches and paid vacation days. When contractors call in sick or don't work because it is a national holiday, they don't get paid for that day. Also, see that line on your paycheck deducting for Social security and Medicare? That is only half of the tax. The employer pays an equal amount that is not shown on that statement. Also, they pay taxes that go towards unemployment benefits , and may be required to pay higher taxes if they churn through a lot of full-time employees. You can usually let contractors go with relative impunity . For the unemployment tax reasons, not paying for people's days off or benefits, a lot less paperwork, and less risk to the business associated with committing to full-time employees all provide value to the company. Thus companies are willing to pay more because they are getting more.  Think of it like a cell phone-contract. If you commit to a three year contract it can be a pain/expensive to get out of the deal early, but you will probably get a better rate in exchange for the risk being shifted to your end of the deal."}
{"_id": "250777", "title": "", "text": "\"You're not the tender soul I was replying to, who goes looking for things to be offended by. But since you apparently recently read an article which makes you an expert..  Clearly military screening is far from perfect.  The suicide rate for all members is higher than average.  Add transgender in and the likelyhood of an incident increases disproportionately.  And that's an interesting spin: it's barring transgenders from the military that makes them suicidal, not the other way around. Got it.   Now factor in the costs of \"\"sensitivity training\"\", reassignment surgeries, and the inevitable lawsuits and it's a recipe for disaster.\""}
{"_id": "250790", "title": "", "text": "\"&gt; but the buying power of that money can be significantly reduced to the point where it's fundamentally useless, i.e. inter-war Germany and many countries in South and Central America.  That's true, but *how* does that come about? The effect on buying power stems from the level of spending in the present period. Too little leaves you anywhere from outright deflation and contraction to weaker growth falling short of capacity. Too much reaches capacity and keeps spending, bidding up prices and driving down purchasing power.  It has nothing to do with debt:GDP or interest payments.  &gt; Germany managed to skate by by creating a new Deutschmark in a confidence trick, and it worked because Germany is a solid, iron clad manufacturing powerhouse of a lot of stuff.   There are two important differences between inter-war Germany and the US. First is that inter-war Germany *lost a war*. This real shock is kind of important. When you're talking about buying power of money, one side of it is the amount of money in circulation but the other side of it is how much real output there is to buy and German real output capacity collapsed after the war. Their most productive regions were occupied territory and they were no longer a powerhouse manufacturing a lot of stuff, driving down the value of their currency.  So lesson number one from Germany: real output collapse harms your currency.  The second problem is that losing a war left Germany saddled with war reparations denominated in foreign currency. When you're on the hook for something you don't print you're in a situation where you can run out of money and that's exactly what happened to them. They tried printing more of their own currency to buy the foreign stuff with but that quickly drove down the value of German currency.  So lesson number two from Germany is you don't want to be on the hook for a currency you don't issue.  Put the two together and you have a real supply shock + foreign-denominated debt eviscerating the buying power of German currency. It wasn't debt:GDP but the real basis for their economy collapsing out from under them pushed along by a need for foreign currency.  &gt;My question is, at what point do we engage Washington's unlimited money printing presses until we reach that point?  In answer to your question, the printing presses are what funds the real economy. The worry in terms of avoiding \"\"that point\"\" is in making sure we keep that real economy productive and fully funded. Ironically, taking our eye off the ball to focus on budget balance at the expense of real output pushes the economy in the direction you're afraid of going. See also: the euro zone today.\""}
{"_id": "250798", "title": "", "text": "(I am making the assumption that this is a US based question). Keep in mind that the alternative is to amend your tax forms from 2010, and 2011. The IRS and the State will want their money, they might not to wait for 78 paychecks. That is 3 years.  Ask for lots of documentation, so you understand what they are doing."}
{"_id": "250800", "title": "", "text": "For such a short timeframe, I'd have it in the currency (euros) you need, and in a savings account. The 5 months is not a time to 'invest' this money. Even 2-4 years would suggest just a CD or short term Government bond."}
{"_id": "250815", "title": "", "text": "According to PayPal, if he or she used a credit or debit card, then yes."}
{"_id": "250824", "title": "", "text": "\"&gt; In a far more measured and responsible way.  How about some specifics? You're pushing freedom of choice of government as a superior alternative to what we have. Surely you must have a deeper thoughts about a basic division of resources question than a Trump \"\"it's gonna be great, the best\"\" answer.  So, five governments in the USA: Are you going to have five different militaries or one combined one? I see catastrophic flaws with either approach so tell me how this could work.\""}
{"_id": "250837", "title": "", "text": "\"&gt;I think you mean: 60% of all mortgages on homes in Nevada are underwater. Not every home has a mortgage, so it's not 60% of the homes, it's 60% of the mortgages.  Spot on. In the US typically somewhere around 30% to 40% of homes have no mortgage at all (i.e. 100% equity by the owners).  So... *IF Nevada follows the US average* (which it may not, having a lot of new developments) then 60% of 60%/70% would be somewhere between 36% to 42% of homes.  That of course, is still HUGE -- if even 10% of homes in a locale are \"\"distressed\"\" sales, it is enough to drive prices down.  But another caveat is that just because a place is \"\"underwater\"\" does not mean that it has a HIGH negative equity -- point of fact is that ANY home bought with an LTV mortgage or a really low down payment (i.e. 0% to 10% down payment) is probably underwater from day one and remains pretty close to that for the first couple of years.   Why? Because typical realtor fees are around 6%, and closing costs are easily another couple of percent, add in that with a self-amortizing loan that very little equity is built up in the first few years, and any loss for aging and owner \"\"cash out\"\" equity can easily be near zero or negative.  (That's one of the reasons you shouldn't buy unless you are planning on living somewhere for at least 5 years, because it takes that long to \"\"recoup\"\" the realtor &amp; closing costs -- ergo the whole \"\"flipping\"\" phenom is in and of itself a sign that a market is in a speculative bubble.)\""}
{"_id": "250844", "title": "", "text": "There are some nuances with HCE definition. To answer your questions. It's compensation as defined by the plan. Usually it's gross comp, but it can exclude things like fringe benefits, overtime pay, commissions, bonuses, etc. The compensation test is also a look-back test, meaning that an EE is determined to be an HCE in the current year if their compensation in the previous year was over the limit. I'm not sure how stock options affect this, but I expect they would be counted. Probably have an ESOP plan at that point too which is a whole other can-o-woms. The 5% owner test applies to the current year and also has a one-year look-back period. If at ANY point, even for a day, an employee was more than 5% owner, they are HCE for that year and next. Yes there is a limit. A company may limit the amount of HCE's to the top 20% of employees by pay like Aganju said. They can also disregard employees that may otherwise have been excluded under the plan using statutory exclusions. Example, they can disregard employees under 21 years and with less than 1 year of service. Hahaha, the IRS does not like to concisely define things. You can look here, that's probably as concise as you'll get. Hope this helps!"}
{"_id": "250873", "title": "", "text": "The best thing to do to avoid this is not to sell as you've described. What purpose does it solve? If you're speculating, set a price at which you want to cash out and put a limit order. If you're a long term investor, then unless something fundamental has changed - why would you sell?"}
{"_id": "250886", "title": "", "text": "I'm not the one making some grand speech protecting rich people from paying their employees higher wages.  You need to calm down and accept the fact that wages can't support our economy, and defending that is defending actions that harm the economy."}
{"_id": "250900", "title": "", "text": "On the off chance that you are experiencing issues getting pregnant, before you see an infertility authority you need to ensure you are boosting your odds of pregnancy. Various things, from how to getting pregnant and when you engage in sexual relations to way of life rehearses you ought to or shouldn't do, can influence pregnancy achievement. Remember that inconvenience considering can be because of elements influencing the two ladies and men. ven in the event that you aren't having richness issues, it might take up to a year to get pregnant under typical conditions."}
{"_id": "250920", "title": "", "text": "Hideaway Bahamas Beach Club provides luxurious vacation rental in Freeport. Our Freeport Bahamas rentals include villas, beach cottages, houses, apartments and other accommodations. The rentals are located in the secluded places and provide privacy, best views and convenient access to the beach and the ocean. They are newly renovated and fully furnished to provide the best accommodation in Grand Bahamas."}
{"_id": "250939", "title": "", "text": "Investopedia has definitions for both: Debenture: A type of debt instrument that is not secured by physical asset or collateral. Bond: A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Wikipedia's entry for debenture says: In some countries [debenture] is used interchangeably with bond, loan stock or note. Seems to me that there's not much difference."}
{"_id": "250944", "title": "", "text": "Very true. I work in corporate finance and the hours are typically 9-6, but when we have our annual operating plan or some sort of deliverable we'll stay past 8.  But here, because analysts get overtime (time and a half) we rarely work past 10 (anything past 12 hours in double time!)  The work life balance is quite fantastic! However, the pay is not what it would be if you chose banking or consulting (it's comparable $60k but no bonuses)."}
{"_id": "250951", "title": "", "text": "\"Economist [Mark Weisbrot](https://www.theguardian.com/commentisfree/cifamerica/2011/apr/27/china-imf-economy-2016),  &gt; It is true that the \"\"market rate\"\" measure is better for some comparisons. **But one important place where the PPP measure is more relevant is in military spending.** The cost of producing a military plane and training a pilot in China is much lower than in the United States.   &gt; Washington's current policy is to maintain military supremacy in Asia, but an arms race with China could make the cold war look cheap by comparison. The Soviet Union's economy was just a quarter of United States' economy when we had that arms race. If the US were to have a serious arms race with China, we could forget about Medicare, social security and most of what our federal government spends money on.\""}
{"_id": "250972", "title": "", "text": "So, nefarious plan, or just a set of circumstances that happen to be in their favor and need changed?  From these articles, it looks like it is just a set of circumstances that Amazon has had the opportunity to take advantage of.  If we're going to blame the government for a set of circumstances, as if it were a nefarious plan, let's talk again about the set of circumstances that keep poor people poor . . ."}
{"_id": "250976", "title": "", "text": "I think there's also a stigma applied to trade work being some bastion of guranteed economic vitality. The reality of the situation is that trade work is cyclical in nature, backbreaking, and is not nearly as lucrative as it used to be back before unions started dissolving their power"}
{"_id": "250986", "title": "", "text": "It's not going to create much jobs.   Foxconn originally want to automatic all its factories in China but Chinese government veto that idea.   Now, state of WI and US government gave Foxconn free money to build a factory here. Foxconn is going to automatic the heck of its factory here. [Foxconn CEO does not like its employees](http://www.businessinsider.com/foxconn-employees-animals-2012-1)."}
{"_id": "251000", "title": "", "text": "Oh I don't think its about money, though Saudi's show the middle finger to US sanctions opens the way for many more countries to do business with Russia and the economic benefits thereof. It the world telling America its opinion no longer matters  This is about Russia exposing an American Israeli nexus in the Middle east and spreading terrorism and wars because of Israeli influence. That is far more damaging because when its just America and the Fed and Israel left and no one to buy those funny money US treasuries, because a confused America and an Apartheid Israel can't sell US $ 20 trillion of debt to each other"}
{"_id": "251002", "title": "", "text": "When using the Stochastic Indicator your basic aim is to buy (go long) when the stochastic becomes oversold (goes below 20%) and then the %K line crosses above the %D line at a market low, and to sell (go short) when the stochastic becomes overbought (goes above 80%) and then the %K line crosses below the %D line at a market high. Other indicators or candlestick patters can also be used to further confirm the trade. Below is a chart of a trade I recently took on GUD.AX using the Slow Stochastic in combination with support and resistance levels as well as a candlestick pattern.  When I conducted my stock search on the evening of 28th July 2015, GUD was one of the results from the search that I particularly liked. The Slow Stochastic had just made a crossover in the oversold area just as the price was bouncing off its recent lows at the support line. But what I really like about this opportunity was that there was also a bullish reversal candle (a Hammer) at this short term market bottom. The high for the day was $8.34, so I placed a stop buy order to buy the stock tomorrow if the price opened or moved above this high of today. So I would only buy if the stock hit or moved above $8.35 during the next days trading. So if the stock opened and stayed below the previous day's high I would not buy the stock and my order would be canceled at the end of the day. This is very important because it stops you from getting into trades that don't go in the direction you want. If this happens then you could check the chart again after market close to see if it is still worthwhile to place a new order for the next day. On the 29th July 2015 the stock did open higher at $8.42 (which is where my order got executed) and closed at $8.46. So I ended up buying slightly above my target price but it did move higher on the day, so a successful entry overall. I had placed my initial stop loss at $8.09 (just below the low of the previous day of $8.10). If the trade had gone against me in the following days the most I would have lost was 1% of my total account capital. My target for this trade was $9.86 (just below the resistance line near $10), which would represent a 5% gain against my total account capital (or approx. 16.7% gain on the trade). So my win to loss ratio was 5:1. As you can see from the chart, the next day gapped up at the open and prices continued moving up strongly during the day. The next day was a slightly negative day, and then a few days later, on the 5th August 2015 my target price of $9.86 was reached (with a high of $9.88 for that day), so my order was closed for a total profit of 16.7% on the face value of the trade. However, as I bought on margin (using CFDs) my actual profit on the initial margin I had invested was 167%. My total time in the trade was 7 days, and I spent about an hour in the evening doing my searches and placing my orders, then less than 10 minutes managing the trade each evening after market close. The stock did go up a bit further after my profit target was reached, but the day after that the price started to fall as the price hit the resistance line and the Slow Stochastic did a crossover in the overbought area. Overall, this was a very ideal trade and I was very happy with it. Not all my trades reach my profit targets and I may get stopped out at a smaller profit or I might make a small loss (as I move my stops up as the price moves up). The key to successful trading over the long term is to keep you losses small and let your profits run (with my longer term trend trading I don't have profit targets and let my profits run until I get stopped out, but with my shorter term trading I do use a profit target usually 5 or 6 times the size of my initial stop). If you have an average win to average loss ratio of 3:1 or higher and have a success rate of 50% winners you will make money over the long term."}
{"_id": "251003", "title": "", "text": "\"Mathematically it seems like the expected rate of return, whatever that might be, is the same for both. An aggressive strategy is higher risk and higher reward. A conservative strategy is lower risk and lower reward. That is not true.  Roughly, the mathematical analogue of \"\"higher risk and higher reward\"\" is \"\"higher standard deviation and higher mean\"\".  In other words, the aggressive strategy does have a higher expected rate of return (higher mean).  Its disadvantage is that it has a higher likelihood of incurring intermediate losses (and/or higher magnitude of intermediate losses) on the way. This is classically illustrated with the following chart -  from Vanguard. You can see that the average return is greater the riskier the portfolio (i.e., the more allocated to stocks relative to bonds), but this higher average return comes at the price of a greater range of possible returns.  With an aggressive portfolio, you take a greater risk of losses at any given moment for a greater chance of gains over a long period. Given this, it should be obvious why the advice is to be aggressive early on.  Early in life, you don't care about whether your current position is up or down, because you're not taking the money out.  If your portfolio is down, you just leave the money in there until it goes back up again.  Later in life, you need to spend the money; you now care about whether your current position is up or down, because you can't afford to wait out a down market and may have to realize a loss by selling. It's important to note that the expected return is always greater for a higher-risk portfolio, as is the expected risk; the expected rate of return doesn't magically change as you age.  What changes is your ability to absorb losses to hold out for later gains.\""}
{"_id": "251009", "title": "", "text": "For the consumer but he lost money on a b2b transaction .  All said I was very surprised. I'm starting my own business in china and know a lot of successful people here and i could never imagine them doing that"}
{"_id": "251022", "title": "", "text": "There are many other good answers here, but I just wanted to note that it could be dangerous to rely on the changes in alimony and child support that you've mentioned. You have no way of predicting if your ex will lose her job or take the kids back more of the time. If you already have a house and mortgage and all of a sudden alimony and child support go up again, you could be in big trouble. Congrats on everything getting better, it sounds like you're dealing well with a crappy situation. Good luck!"}
{"_id": "251049", "title": "", "text": "\"And one would pause his day for a moment and shout  \"\"Yahooooo\"\"  These bankers deserve it and with less bankers, there would be less fraud and one would continue with his day, except for the bad feeling in his stomach  Hmmmm . . .I wonder which 30% . . .the Madoffs and shecklestiens or Mr. Joe and Jane everyday at minimum wage . .  Looks like poor Joe and Jane get dicked out of a job and poor things never have the opportunity for fraud . . .  Wait a minute . . .whats that favorite phrase that Bankers love  \"\"I didn't know\"\"  Oh shit . .now its going to become  \"\"The Robot did it\"\"  Damn . . .fucked again\""}
{"_id": "251062", "title": "", "text": "When you borrow from a bank, there are secured loans, as with a mortgage, or unsecured lines of credit, usually a more reasonable amount of money, but also based on income.  You just asked about a private loan. It depends on the person and your relationship. If you need money to pay the rent, you might not be the best person to lend money to. If you ask a friend or relative, they may lend you money without asking its purpose."}
{"_id": "251063", "title": "", "text": "There are several major US banks including Bank of America, citi and Banco Popular that will open an account for people without a SSN. Most will require an in branch visit to open the account.   As some one else mentioned American Express will open accounts in other countries based on an existing relationship or at least they used to."}
{"_id": "251065", "title": "", "text": "Indeed, there is conservation of money.  If the insurance companies have those big buildings and television commercials and CEOs, then that money comes from only one place: the insurance premiums of customers.  To say insurance is a good deal is either The benefit and cost of insurance for most: Indeed, of all the answers here, James Turner's is best.  If you can't afford to lose something, it is vital to insure it.  Ideally insurance would be a non-profit operation to best cover this.  Such that people would as a whole lose nothing.  Theoretically it could even be slightly for profit by making wise investment decisions, and benefiting from the future value of money by beating inflation.  But they don't (see this writeup for slightly dated information on health, and this Wikipedia article for more direction). But even if you are taking an average loss (by using a profit-making insurance company), by taking insurance you avoid the situation where you're crippled by a catastrophe.  You are paying a fee to hedge your losses.  Like James said, insure what you cannot afford to lose.  But realize you're going into a situation where the overall net is an average loss of between 10-50% of your money, on average.  Basically you're playing the lottery, except your net losses mostly go to fund the company and the CEOs rather than nominally support education. But you sounded like you understood those ideas well, so...   Can you self insure? As others noted, yes, there is the option of self insurance in most places.  Even even often when insurance is considered as required.  For example, in the US, basically car insurance coverage is required.  But generally you are legally able to self insure to cover this requirement:   The cost of self insuring: There is one cost to self-insure: time.  It takes time to research the laws, time to to satisfy those requirements, and then time to find/setup all the care providers (doctors, mechanics, lawyers, etc). When is it worth it?  First, again, you must satisfy the prerequisite: you are able to financially handle the loss of the topic under consideration. At a commenter's request, here is an attempt to better spell out this requirement (though it doesn't appear pertinent to the question asked, it is indeed very important not to mistakenly assume you satisfy this requirement). Can you comfortably cover the level of insurance you would otherwise be taking out.  $50,000/$100,000/$50,000 is a common reasonable insurance level, so that would be $200,000.  Basically, have enough money to cover the loss of your car, your possible injury expenses, and most importantly the damage and medical of anyone else you hit.  You would need to have that value available, optimally in your accounts.  Alternatively, you could weigh it against your assets, such that if you had low accounts but a paid off $200,000 house, you could conceivably sell your property and still be able to survive financially afterwards.  However, it is indeed dangerous to make this assumption, as there may be additional costs and troubles in selling assets, and you may fail to recognize how precious the property is to you.  Having at least double or triple in property you'd be willing to part with might be a more comfortable number.  Again, the main idea is: can you afford to lose the insured value tomorrow?  Though you hope it wouldn't happen, if someone came and took $200,000+ of yours tomorrow, would you be able to adjust to it relatively easily?  If the answer is yes, you've satisfied this requirement.  In many states it's easier to understand whether you can meet this requirement: it instead becomes can you take out the liability bond required. If you've met that requirement, then it comes down to the time you'd lose versus the savings you'd gain.  To get a fair idea, you'll need: The premium you would pay to purchase the insurance: Since you are likely losing 10-50% of your premiums, it should be fair to make a rough estimate of value lost by using 25% for most purposes (especially given that this still ignores the future value/opportunity cost of your money, which could often be 5-10% if invested well) The value of your time:  You must properly identify either:   A rough estimate of how much time it will take you to research the legal requirements and meet them, and then to research/handle the subsequent needs that come up which the insurance would take care of in an average year.  So try to balance those typical years where you wouldn't have a lot of work to do with a year where you'd need to call repair mechanics or find health practitioners.  Perhaps aim high, research/calling usually takes more time than we think.   Is this calculation positive? Your estimated net annual benefit (or cost) from self insuring is: 0.25 * (Insurance Premium Per Year) - (Estimated Value of Your Time)*(Estimated Hours Of Work\\Research to Self-Insure Per Year)  This is a rough estimate.  But if the result is quite positive (and you can afford to cover the hit the insurance would otherwise cover), you're likely better off self-insuring. If the result is quite negative (or you can't cover the possible costs insurance would cover), you're probably better off buying insurance. Finally, indeed there are still a few other factors on each side to consider... Most often those additional pluses and minuses probably are smaller than the primary cost/benefits spelt out earlier.  But if you're rich enough to have the money, you're in a situation where you can likely sacrifice a little income to have your peace of mind.  So there's certainly a lot to consider in it.  But if you're a self starter, I believe you're right that you'll find it's more worthwhile to self-insure if you indeed have the resources."}
{"_id": "251093", "title": "", "text": "How is that someone can make a machine that removes lids from jars for $19 and these guys couldn't make a machine that squeezed a fruit bag for less than $400?   I also sense that they had a very big challenge in making those bags. Buying the food, processing it. That takes work. A lot of work!!! Even just getting a steady stream of consistent food would be a challenge let along stuffing it into a bag.   Besides, what does this get you? if the juice is squeezed on site, is it better than juice squeezed a week ago and sealed in a glass jar? I don't think so.   Lastly, juice is just fortified sugar. Fructose. You lose a lot of the  real nutrients by not using the pulp.   This must have looked amazing on paper, much like the Segway, but in reality they just couldn't pull it together."}
{"_id": "251094", "title": "", "text": "lol? Yes, it can hurt European corporations but it'll affect the Russian people at least as much. Was this really the best area of business they could think of? It's kind of a big deal.  Edit: I think [this theory](http://www.reddit.com/r/business/comments/2d5iq2/russia_imposed_a_complete_embargo_on_food_imports/cjmafl7) is good. Frustration can help Putin point out scapegoats, because frustrated or angry people is, as history tells with  too much clarity, very easy to manipulate. Like scarily easy."}
{"_id": "251100", "title": "", "text": "In order to see whether you can buy or sell some given quantity of a stock at the current bid price, you need a counterparty (a buyer) who is willing to buy the number of stocks you are wishing to offload. To see whether such a counterparty exists, you can look at the stock's order book, or level two feed. The order book shows all the people who have placed buy or sell orders, the price they are willing to pay, and the quantity they demand at that price. Here is the order book from earlier this morning for the British pharmaceutical company, GlaxoSmithKline PLC.  Let's start by looking at the left-hand blue part of the book, beneath the yellow strip. This is called the Buy side. The book is sorted with the highest price at the top, because this is the best price that a seller can presently obtain. If several buyers bid at the same price, then the oldest entry on the book takes precedence. You can see we have five buyers each willing to pay 1543.0 p (that's 1543 British pence, or \u00a315.43) per share. Therefore the current bid price for this instrument is 1543.0. The first buyer wants 175 shares, the next, 300, and so on. The total volume that is demanded at 1543.0p is 2435 shares. This information is summarized on the yellow strip: 5 buyers, total volume of 2435, at 1543.0. These are all buyers who want to buy right now and the exchange will make the trade happen immediately if you put in a sell order for 1543.0 p or less. If you want to sell 2435 shares or fewer, you are good to go. The important thing to note is that once you sell these bidders a total of 2435 shares, then their orders are fulfilled and they will be removed from the order book. At this point, the next bidder is promoted up the book; but his price is 1542.5, 0.5 p lower than before. Absent any further changes to the order book, the bid price will decrease to 1542.5 p. This makes sense because you are selling a lot of shares so you'd expect the market price to be depressed. This information will be disseminated to the level one feed and the level one graph of the stock price will be updated. Thus if you have more than 2435 shares to sell, you cannot expect to execute your order at the bid price in one go. Of course, the more shares you are trying to get rid of, the further down the buy side you will have to go. In reality for a highly liquid stock as this, the order book receives many amendments per second and it is unlikely that your trade would make much difference. On the right hand side of the display you can see the recent trades: these are the times the trades were done (or notified to the exchange), the price of the trade, the volume and the trade type (AT means automatic trade).  GlaxoSmithKline is a highly liquid stock with many willing buyers and sellers. But some stocks are less liquid. In order to enable traders to find a counterparty at short notice, exchanges often require less liquid stocks to have market makers. A market maker places buy and sell orders simultaneously, with a spread between the two prices so that they can profit from each transaction. For instance Diurnal Group PLC has had no trades today and no quotes. It has a more complicated order book, enabling both ordinary buyers and sellers to list if they wish, but market makers are separated out at the top. Here you can see that three market makers are providing liquidity on this stock, Peel Hunt (PEEL), Numis (NUMS) and Winterflood (WINS). They have a very unpalatable spread of over 5% between their bid and offer prices. Further in each case the sum total that they are willing to trade is 3000 shares. If you have more than three thousand Dirunal Group shares to sell, you would have to wait for the market makers to come back with a new quote after you'd sold the first 3000."}
{"_id": "251111", "title": "", "text": "It's not rocket science. Verizon, for example, runs a 6% margin. Finances of huge corporations are quite public.  Sure, the telcos could invest more into wireless infrastructure, but it's not like these companies aren't operating at close to their capacity.  And when you look down a rung on the ladder at tower companies, they're heavily leveraged and generally in debt due to expansion that they hope will pay off in the future.  The way you see it discussed on reddit, you would think that we could have 100% 7g coverage if it wasn't for corporate greed, but in reality these companies are already running at very high speeds and make liberal use of leverage and debt to expand as quick as they can."}
{"_id": "251122", "title": "", "text": "Well, the government pays them more to leave a field fallow than to grow something different.   A good business practice would be to grow something else when the profitability of what you are growing doesn't meet your needs, not do nothing and get a subsidy check."}
{"_id": "251140", "title": "", "text": "That last one. The government should subsidize the cost of maternity leave (and mandate paternity leave). It's not fair for women not to have equal employment opportunities, but it's also not fair to force businesses to shoulder the cost of providing leave to mothers who might not even come back anyway. The best solution is to have taxes pay for some of that cost."}
{"_id": "251146", "title": "", "text": "It's not pre-tax but you can consider some short term municipal bonds. The interest is tax free. I would keep to short term ones (1 year maturity), so that you aren't affected by big swings in interest rates and can get your money back within a year."}
{"_id": "251147", "title": "", "text": "Its definitely safe. Should be no question there. But it's still gross.  I'm extremely sympathetic to your latter point. I've worked in butcheries and it drives me nuts when people act like trimmings are somehow some awful thing that shouldn't be eaten (if I had a nickel for every time someone complained about kobe burgers...). The ammoniating process is gross though. I don't even mind the high pressure water used to clean the carcasses, but the processing after that is gross. There are other options to not waste that meat. IMO and all that's what stocks are for, though there's a huge financial difference between using that meat for stocks and using it in grind. There are also alternative means of ensuring safe product. Purely culinarily speaking I don't think grind is the appropriate usage, but hypothetically an emulsified product  (i.e. hot dogs) would be reasonable. But the product that's actually made is pretty gross. Smells awful, and tastes awful. It really isn't fit for human consumption, and only works because it's sufficiently diluted."}
{"_id": "251183", "title": "", "text": "I agree it's crony capitalism. I think people should make that clear instead of just saying capitalism. All those things you mentioned are from the government. Corporations will try to make profit, that's what they're suppose to do. I mean, nobody blames apple for making shit tons of money.   The politicians are the ones that need to stop selling out America for their own benefits. They're  the ones that doesn't allow buying health insurance across state lines. They're  the ones that won't let car manufacture sell directly to consumers. They're the reason I can only get Comcast. You think I love Comcast?   Can't blame capitalism for shitty politicians.  Love the debate though."}
{"_id": "251190", "title": "", "text": "Think of it this way: C + (-P) = forward contract. Work it out from there. Anyways, this stack is meant for professionals, not students, I think."}
{"_id": "251198", "title": "", "text": "News-driven investors tend to be very short-term focussed investors. They often trade by using index futures (on the S&P 500 index for instance)."}
{"_id": "251203", "title": "", "text": "https://en.m.wikipedia.org/wiki/United_States_Postal_Service  &gt; [The Postal Service] has continuously failed to manage its budget properly, to the tune of $5 to $10 billion dollar deficiets every year with a total mail volume that has declined 29% between 1998 and 2008.  Problem -- the government is offering a service at great expense that people do not want and other private entities can do much faster and more efficiently at orders of magnitude less cost to their customers.  The obvious solution -- privatize  The governments solution -- placate the gov employees union and continue to fund the postal service as it repells customers and posts 5 to 10 billion dollar deficiets.  For me, this is not a question of what solutions can be found within the government. Government itself is the problem, this is merely a case study as to why I do not feel it can be trusted with greater authority over the production and distribution of goods and services in the economy."}
{"_id": "251214", "title": "", "text": "This may be a controversial opinion, but I think this makes great business sense.  They found that the cost of running two battery production lines (60 &amp; 75) exceeded the cost of providing the slightly more expensive battery for every S60 customer.  They also gain the benefit of enriching the resale market and providing customer choice.  I don't think that most people here realize that 'software locking' functionality is a very common practice across manufacturers and industries to reduce manufacturing costs and provide customer options.  What is rare is the ability to 'unlock' after purchase.  For example, my last VW was a golf and it shared the same MCU with several other VW lines, including more expensive offerings with more premium features.  One of these premium features is a package that enables you to roll your windows up and down from your key fob by holding the unlock or lock button, but my car did not come with that option (in fact, no Golf at the time came with it).  The package was not *enabled* but the software and hardware was there.  You can grab yourself a USB-OBDII cable and VCDS software and go enable it yourself (and a number of other nice features).  All of this said, I think we are in the early days of DLC.  Remember when you could by a full game for $50 and play it for a year and *then* some dlc would come out and give you reason to play again for $5 or $10?  Then companies (cough EA cough) came along and started to make the DLC part of what you needed to have the full experience on day 1?  Yea, that is bad.  I am in support of what Tesla has done so far, but the second they (or possibly another manufacturer looking to capitalize on the idea of DLC) starts removing standard bits to make them post-facto addons, we may be getting into a bad place."}
{"_id": "251218", "title": "", "text": "1)  I can and have argued that no act can be seen as purely altruistic.  You can always find an edge where the person gains something.  2) Brownie Points?  Really?  I now think you are an ardent Republican who listens to Fox News.  Why?  Because my parents are ardent Republicans and they, too, like to talk about how \u201ceveryone else\u201d wants brownie points and participation trophies.  I am not a Republican or a Democrat or a Libertarian.  None of those groups are trying to solve problems.  They just make loud statements.  I am just me, trying to ACTUALLY find a better way to do things."}
{"_id": "251225", "title": "", "text": "Curious: Why don't banks have their ATMs running on a bare bones distro of Linux like Arch?  IMO It would be far more secure and with the right kind of training for the maintenance staff, would actually be easier to maintain.  I mean, it's not like they can't get access to top notch counsel from tech industry heavy weights."}
{"_id": "251233", "title": "", "text": "\"I don't buy the \"\"house prices will always increase due to the increased cost of raw materials\"\" argument. In a lot of countries you will find that the cost of (re)building a property is substantially lower than its perceived sale value. If it wasn't, there would be no incentive for developers to take the risk of buying the land and building houses on it. Say the cost of building the house is 50% of the sale price (which might already be generous). Materials probably account for half of the building cost so you've got 25% tail wagging 75% dog? I'd start to worry if people buy property as a get rich quick scheme, which seems to be what you're describing.\""}
{"_id": "251257", "title": "", "text": "Assuming you're in the US, you can file complaints against financial institutions (including debt collectors) through the Consumer Financial Protection Bureau. The link to debt collector complaints is: http://www.consumerfinance.gov/Complaint/#debt-collection"}
{"_id": "251258", "title": "", "text": "I have had a couple of businesses do this to me.  I simply ask them to come over to talk about the bill.  Sometimes this ends it.  If they come over then I call the cops to file a report on fraud.  A lot of times the police will do nothing unless they have had a load of complaints but it certainly gets the company off your back.  And if they are truly unscrupulous it doesn't hurt to get a picture of them talking with the police and their van, and then post the whole situation online - you will see others come forward really quick after doing something like this."}
{"_id": "251263", "title": "", "text": "I don't really have a huge issue with that because most of the time third-party shipping is shitty and ends up costing more anyway, and with a select few exceptions, it's the same price you'd pay in a store.  I'm good with same/one day shipping being priced in at the same rate as third party ground shipping."}
{"_id": "251265", "title": "", "text": "so you and your friend are trying to make a federal case over the fact that he's going to have to pay $1-3 in a month's time?   [they had this rather popular series of self-help books a while back.](http://www.amazon.com/Sweat-Small-Stuff---small-Series/dp/0786881852/ref=sr_1_1?ie=UTF8&amp;qid=1339809567&amp;sr=8-1&amp;keywords=don%27t+sweat+the+small+stuff) perhaps the two of you should explore it."}
{"_id": "251273", "title": "", "text": "\"There are a lot of unintended consequences of fairly arbitrary IRS guidelines when it comes to 401Ks, they both close and create tons of loopholes and many companies are left to implement their own policy around these laws. Ultimately what you are left with are a lot of random things, interpreted differently by every single company in the country, that aren't directly codified by the IRS or Congress. If you have a choice regarding what brokerage firm manages your 401(k), then just call around. Be sure to ask the pencil pusher on the phone to double check because they might say \"\"OF COURSE you can get paperless statements it is 2015\"\" but then when you sign up it becomes \"\"ooohhh sorry due to recent guidelines this kind of account isn't eligible for paperless statements\"\"\""}
{"_id": "251300", "title": "", "text": "The answer is to your question is somewhat complicated. You will be unable to compete with the firms traditionally associated with High Frequency Trading in any of their strategies. Most of these strategies which involve marketing making, latency arbitrage, and rebate collection. The amount of engineering required to build the infrastructure required to run this at scale makes it something which can only be undertaken by a team of highly skilled engineers. Indeed, the advantage of firms competing in this space such as TradeBot, TradeWorx, and Getco comes from this infrastructure as most of the strategies that are developed are necessarily simple due to the latency requirements. Now if you expand the definition of HFT to include all computerized automated trading you most certainly can build strategies that are profitable. It is not something that you probably want to tackle on your own but I know of a couple of people that did go it alone successfully for a couple of years before joining an established firm to run a book for them. In order to be successful you will most likely need to develop a unique strategies. The good news is because that you are trying to deploy a very tiny amount of capital you can engage in trades that larger firms would not because the strategies cannot hold enough capital relative to the firms capital base.  I am the co-founder of a small trading firm that successfully trades the US Equities and Equity Derivatives markets. A couple of things to note is that if you want to do this you should consider building a real business. Having some more smart brains around you will help. You don't need exchange colocation for all strategies. Many firms, including ours, colocate in a data center that simply has proximity to the exchanges data centers. You will need to keep things simple to be effective.  Don't except all the group think that this is impossible. It is possible although as a single individual it will be more difficult. It will require long, long hours as you climb the algorithmic trading learning curve. Good luck."}
{"_id": "251303", "title": "", "text": "You can avoid companies that might go bankrupt by not buying the stock of companies with debt. Every quarter, a public company must file financials with the EDGAR system called a 10-Q. This filing includes unaudited financial statements and provides a continuing view of the company's financial position during the year. Any debt the company has acquired will appear on this filing and their annual report. If servicing the debt is costing the company a substantial fraction of their income, then the company is a bankruptcy risk."}
{"_id": "251305", "title": "", "text": "Included in our everyday living goes out the house and purchase different things which our family desires. But since the economy isn't doing well right now, considering the best dividend stocks is vital. One factor that must be taken into consideration could be the expense.   If you are knowledgeable with getting what you see without even looking at the sale price, you should customize the way you live your life. Patience is extremely important for you to be able to find the best dividend stocks. If possible, you need to look for a less costly alternative on the costly items you used to buy. Be persistent and also save money!"}
{"_id": "251310", "title": "", "text": "How are they amazing? Tesco and Sainsbury's are as cheap, if not cheaper, and their own brands are better than Asda's.  As for online ordering and delivery Tesco wins at the moment as their new Club card system just pops all the discounts and coupons there for you to see and use. No more typing in codes or having to remember to use them."}
{"_id": "251338", "title": "", "text": "They made their money one of two ways.  Either they got a commission from the original owner (similar to how a buyer's agent in a real estate transaction gets a commission from the original owner of the house and/or a share of the seller's agent's commission), or they actually participated in the transaction directly (buying from the original owner, selling to you at a higher price). Storing it in the vault free of charge of course has an expectation that a certain percentage of those who do so will use that broker to complete the eventual sale."}
{"_id": "251347", "title": "", "text": "i dont suppose elon's intention is to make money. which ironically is one of the reasons he will succeed. turning a quick buck business model wont work for an industry disrupter like telsa. right now they are getting the early adopters to fund the tech for more readily affordable cars. the money made is reinvested in r&amp;d. they need a few breakthroughs before things take off, its a long term strategy. investing in tesla isnt for everybody, but the few people with enough forsight to put some money into this concept could be looking at very large gains. its kinda like investing in apple when steve jobs was just a crazy smelly hippy."}
{"_id": "251351", "title": "", "text": "\"How about #9 - Honesty?  A lack of honesty between you and your employees can destroy your morale and increase turnover.  If you're laying employees off, don't sugar coat and lie about why it's happening, just be straight forward - \"\"Times are tough, we need the money so we make the quarterly earnings and meet shareholder expectations\"\" - not \"\"We're re-aligning our core competencies to better focus on our mission statement\"\"  If you've ever had a boss outright lie to you and you knew it was a lie, you immediately lose respect for them and your perception of them is changed forever.\""}
{"_id": "251370", "title": "", "text": "If the funds are in NRE account, then there is no issue. You just instruct your bank in India to transfer. If your tax status in India is Non-Resident Indian, you should not be holding a normal Savings bank account.  Under the liberalized remittance scheme you can transfer upto 2,50,000 USD per year. You would need to instruct your bank in India to initiate a international wire transfer. The FAQs are here"}
{"_id": "251376", "title": "", "text": "It takes a long time to bring these sort of cases to trial because of their complexity and the large sums of money that companies have to delay the process. It takes political will to go after these types of crimes. From the politics to building a case, it just seems to me that five years is a very short time frame.   I don't know how or why it was set at five years, but due to what we know now, it might  be a better idea to extend the statue, if the pros outweigh the cons."}
{"_id": "251379", "title": "", "text": "Ultrasound machines have enhanced extremely in terms of ultrasound imaging resolution, digital capabilities and ease of use. We can now clearly visualize small structures that we were unable to visualize ten years ago. The reason behind is that computers and ultrasound machines have followed a similar trend in terms of decreasing in size at the same time as increasing in power."}
{"_id": "251381", "title": "", "text": "Fare basis is but one component of domestic US air carrier upgrade considerations, and that will always be trumped by status.  A top-tier elite traveling on a discount fare will always be upgraded over someone with no-status flying on a full-fare ticket."}
{"_id": "251385", "title": "", "text": "\"If your friend is loaning you KRW which you are then converting to USD, then there are tax implications.  This would be a Section 988 transaction so \"\"gains\"\" or \"\"losses\"\" made during repayment (partial or complete) due to fluctuations in exchange rate would be treated as ordinary gains or losses. For example, imagine you borrow 100,000 KRW and, at the time you borrow it, this is worth exactly 100,000 USD.  At some future point, you repay 20,000 KRW.  If the exchange rate at that point is such that 20,000 KRW is worth 15,000 USD, then the IRS sees that you have \"\"gained\"\" 5,000 USD in ordinary income.  This is a particular concern if the loan is a mortgage and you refinance the mortgage at a moment in time with a more \"\"favorable\"\" exchange rate than the exchange rate when you first got the mortgage. See http://www.investopedia.com/terms/s/section-988.asp for some additional discussion.\""}
{"_id": "251392", "title": "", "text": "\"Here's a brief rundown:   1. You're not going to need a lot of capital or debt  2. You aren't in a high-liability or high (MM+) revenue industry unless you're making children's toys out of reclaimed dynamite or something  3. You are operating by yourself  The first fact rules out S or C corp. The second fact dings LLC, and the third one rules out a LLP or GP by default, although you can always convert later if you get a partner.   Benefits of sole proprietorship include very simple taxes! As a pass-through entity, the business's income is considered your own, and business expenses are tax deductible. You don't need separate tax returns for both. Additionally, if it's just your name, you might not even need a license depending on your state and municipality (figure this out). If you want a different name, you usually need to register \"\"doing business as [name]\"\" with your state or municipality. Lastly, you don't need to use business income in any special way, since you have no additional tax liability or general liability shield. With an LLC, there are a lot of rules and restrictions.   Let me know if you have any specific questions.\""}
{"_id": "251394", "title": "", "text": "The capital gain is either short-term or long-term and will be indicated on the 1099-DiV. You pay taxes on this amount as the capital gain was received in a taxable account (assuming since you received a 1099-DIV). More info here: https://www.mutualfundstore.com/brokerage-account/capital-gains-distributions-taxable"}
{"_id": "251411", "title": "", "text": "I believe you are confusing sales tax with income tax. The tax holidays in the US are only for sales tax. Consumers purchasing certain goods during the tax holiday do not have to pay sales tax like they normally would. Effectively the price is slightly lower during those days with the purpose of giving people an extra reason to shop at that time. During the tax holiday the stores make the exact same profit that they normally do, but they may experience a bump in sales simply because more people will shop during that time. Income tax for both consumers and the businesses is not affected by this. Although New York state was the first state to implement a tax holiday 20 years ago, they no longer have one today, though they do have certain goods which have a lower tax rate year round."}
{"_id": "251419", "title": "", "text": "&gt; I've never understood people's willingness--often eagerness--to be unpaid advertisements for corporations...and to pay for the privilege.  It mostly has to do with social class.  The lower classes are insecure and do stuff like cling to logos to prove their worth.  There's a reason why certain products are endlessly bragged about in rap songs and featured in the videos.  People want to associate with certain brands and logos to enhance their self-worth.  Go to the rough part of town - you will see more and bigger logos than anywhere else.  It's nothing but status symbols in the 'hood.  People who are more secure in themselves, with good educations or jobs or other accomplishments, don't need to cling to a logo or brand."}
{"_id": "251422", "title": "", "text": "Wealth Generators is there for you to make you learn all the essentials techniques required to make your hard earned money provide you with the best output which you can never imagine. Yes, optimism and the smart skills are the two pivotal ways to get success over the curvature of the financial twisting."}
{"_id": "251427", "title": "", "text": "Um  really, you expect US to know the answer?  Why not ask Wells Fargo? Unless someone here happens to work for WF and has access to the right people, this is more likely a question to send to their support people than to get an answer here that is anything other than a SWAG   (and in that line of reasoning, and as a software tester by trade, my money is on the already offered reasoning that it's doing some kind of primative 'bad word' search (probably a regular expression match) and getting a hit on tit.  ) In the meantime I suggest an alternative term, how about 'offering'"}
{"_id": "251430", "title": "", "text": "\"&gt; A significant part of the rate of increase in costs is likely due to the shifting demographics bulge of baby boomers aging.   And two good ways to factor that out is to   a) look at other countries with different population bulges and  b) look at the cost inflation over several decades, 20 thirty, even fourty years ago  What we see is all countries with direct government intervention are either seeing some sort of queueing (Australia, search for \"\"Ramping\"\") or costs that escalate beyond the rate of inflation regardless of where their baby boomer bulge is at.   Next we see that this trend, at least in the US has spanned over half a century, long before boomers ever reached maturity. In fact it seemd to have started ever since the early 20-th century when blue cross formed to allow patients to pay flat rates every months for unlimited access to their local hospitals.\""}
{"_id": "251442", "title": "", "text": "You've already got a well thought analysis of the problem done, that's a good start. How much can you dumb down the explanation of why your product is better? I mean, I don't even know what you're selling, but your description of the product made me believe you so I'd argue you're convincing enough, maybe all you need is to exemplify to your costumers and bring them down to earth examples of why your product will help them on a daily basis. Dumb down stuff as much as you want. Maybe be passionate about your product as you're being now. We buy stuff based more on emotion than reason most of the time anyway..."}
{"_id": "251444", "title": "", "text": "Very respectfully, your statements, although true, aren't what I care about. I absolutely want the bias of bad customer service and bad customer experience to affect the reviews of an establishment. That bias, if absent, lets me know that I've found a truly great place (which is CRUCIAL for services I rely on that typically have a lot of terrible practitioners, such as auto repair or dentistry).  The issue with Yelp is NOT that they feature survey feedback. I love survey feedback. The issue with Yelp is that they bias their feedback according to their *own* bottom line - you pay, you get good reviews (usually) and the bad ones get filtered, and if you don't pay, the opposite happens.  You might not like the aggregate, but I find it EXTREMELY helpful. I wish more than anything that Yelp were an honest company, but they are not, and that is the point of the OA. Your point, although true, is mostly irrelevant to people who want to see feedback on businesses. (I could cite Amazon's ratings as well in this regard - imagine what would happen if Amazon were as corrupt as Yelp. Would they still be the web's premiere e-tailer?)"}
{"_id": "251456", "title": "", "text": "It\u2019s not minutia when you\u2019re criticizing the wrong industry. If you thought that Equifax was a tech company and started criticizing \u201cthose crooks over in Silicon Valley\u201d it wouldn\u2019t make any sense either. I\u2019m not defending anything, what happened at Equifax was malpractice of the highest degree. They just aren\u2019t Wall Street."}
{"_id": "251466", "title": "", "text": "For what its worth, I recently closed on a 30 year refinance mortage with an agent I found through Zillow.  The lender has a perfect 5/5 reputation score, whose office was located within 5 miles of my house, and as suggested by justkt on MrChrister's response, I checked out the business on the better business bureau and its online presence prior to going forward with the bank. The process was relatively painless, and the APR and closing costs were less than my previous loan with a federal credit union which I've used in the past.  I can't say if the bank I'll be using going forward is as good as the one I've used in the past, but overall I'm quite happy with it. I never met the individual in person but this saved both of us a fair amount of time honestly."}
{"_id": "251474", "title": "", "text": "Has any console manufacturer done well right before launch?  Also the Wii U is going to sell like hotcakes. It's demand might not be as strong as the Wii but preorders are selling out within minutes of going live..."}
{"_id": "251482", "title": "", "text": "First I would be very careful using a short ETF.  There could be some serious tracking error, especially if its levered.  Second, when it comes to forex you are in the world of PIPS and high leverage.  You would need to have significant capital to be able to hold out the swings as banks do their interventions.  Plenty of people have been short waiting, and waiting, and waiting, unless you think you know something the market doesn't this seems like a pretty high risk strategy.  I'd suggest buying options instead, but they will be expensive given the volatility."}
{"_id": "251488", "title": "", "text": "The rich pay more in taxes. It would be hard to cut taxes in a way that *didnt* help the rich. I'm more concerned with what it does for the middle and lower classes. I don't care that much if it helps the rich.  EDIT: Okay, so let's say you give the top third of the population (by income) a 1% income tax cut. The middle third got a 5% cut, and the bottom third got a 10% cut. In dollar value, the rich are still getting a larger cut, simply by virtue of how much they pay in taxes.  Someone made a point about property tax. Speaking very generally, poor people rent and rich people own. So a property tax inherently benefits the wealthy, because they own more property. Certainly any kind of corporate or capital gains cut would benefit the wealthy, since they own the corporations and are more heavily invested. Even a sales tax cut would benefit the wealthy more than the non-wealthy, simply because they spend more money.  But what frustrates me is how hung up people get on the fact that something is good for the wealthy, (such as with the headline of OPs article) as if we should actively try to avoid helping anyone rich. As I stated above, I don't care that it helps the rich, as long as it's helping the rest of us, too. And if the rich are getting a bigger benefit than I am by virtue of being rich, I'm not bothered, because I can do math."}
{"_id": "251502", "title": "", "text": "\"People have lost money buying houses in good to great neighborhoods.  It's a pretty large red flag that you state this so clearly \"\"the neighborhood is pretty bad.\"\" I'd rather buy a bad house in a great neighborhood, and spend my weekends fixing it up, turning sweat equity into real equity. A two year bet? I'd pass.  Close to the school, high demand area, and my answer might change.  (And, \"\"welcome, stranger\"\")\""}
{"_id": "251509", "title": "", "text": "We will talk about what can be taken or not during pregnancy, although it is important not to become obsessed with food, so nutritionist clears some of the most frequent doubts about myths and truths Of feeding during pregnancy. The specialist recommends taking dont eat during pregnancy the following foods: - Animal proteins such as meats, fish and well-cooked eggs are essential for the proper growth of the embryo. During pregnancy, iron levels are very low, so it is advisable to eat red meat. Calcium is essential for the formation of bones and baby's teeth, but it is not strictly necessary to take whole milk, but there is also semi-skimmed or low fat milk and enriched with calcium or vitamins A + C. In addition, 3 servings daily are recommended including also other dairy products such as yogurts and cheeses."}
{"_id": "251514", "title": "", "text": "\"&gt;&gt; reducing regulation &gt; You do know that monopolies and mega corporations are bad for consumers  Reducing regulations is FIRST(!) to help small business, because only big companies can handle regulations. Please study economics first.  &gt;&gt; killing the PTT  &gt; Debatable at best.   Really? The TPP is still alive and will be voted and accepted by the USA under Trump? Yes or no?  &gt;&gt;killing NAFTA  &gt; See above.  Really? Does president Trump support NAFTA, yes or no? Does he act against NAFTA, yes or no? Do you honestly think that NAFTA will continue unchanged under Trump, yes or no? **Best question, is NAFTA, signed by Clintons, a good thing, yes or no?**  &gt;&gt;reducing immigration  &gt; Well, there's actually pretty strong evidence that increased immigration has a net positive impact on an economy.  Absolutely not. Legal immigration of qualified people is Ok, but they take jobs from Americans who are as qualified as them.  Trump is not against immigration!!!! He's against illegal aliens  who are criminals, uneducated, religious crazies, etc. There's zero benefit to the USA and economy from those people.  &gt;&gt; investing in infrastructure  &gt; I guess this depends on the type...  Does Trump invest in infrastructure and has big plans to invest in it? Yes or no. No stories please.  &gt;&gt; pulling out from wars (Syria)  &gt; When was the last time bombing a foreign country was used as a strategy for pulling out of a war?   Under Obama, 8 years, constant war with MORE countries and places. Yes or no?  Under Trump, he killed the CIA \"\"program\"\" to \"\"support the \"\"rebels\"\" against Assad\"\". Read about it, but not on fake-news MSM channels, where you won't find it.  Under Obama, the war in Syria and the disastrous \"\"Arab Spring\"\" started ONLY BECAUSE the USA did not support the strong leaders tyrant Arabs have. Arabs are not ready for democracy. In the case of Syria, which I am extremely familiar with, under Assad and his father, Christian, majority Sunni and even Jews and Druze were safe and the Assad(s) did not hurt them. Assad is in power because he's part of the 20% minority Alawites (most secular Muslims you can find) which the majority Muslim Sunnis (the craziest of the Muslims) want to kill. So, instead of support Assad, the USA actively supported the \"\"rebels\"\" who are far worse than the Alawites.  And I don't want to discuss ISIS with you which is only because of the actions of the USA.\""}
{"_id": "251536", "title": "", "text": "You should constantly look at your investment portfolio and sell based on future outlook. Don't get emotional. Selling a portfolio of stocks at once without a real reason is foolish.  If you have a stock that's up, and circumstances make you think it's going to go up further, hold it. If prospects are not so good, sell it. Also, you don't have to buy or sell everything at once. If you've made money on a stock and want to realize those gains, sell blocks as it goes up. Stay diversified, monitor your portfolio every week and keep a reserve of cash to use when opportunity strikes. If you have more stocks or funds than you can keep current on every week, you should consolidate your positions over time."}
{"_id": "251538", "title": "", "text": "&gt; But this isn't cash though, its credit card.  Which is essentially cash, is it not? If I pay you with a credit card, your bank account gets cash. It gets cash from the credit card company.  And yes, of course you'll have to report the incident. You're a victim of theft. The person whose credit card was stolen is also a victim of theft.  Tell me why you have a *right* to someone else's stolen money."}
{"_id": "251560", "title": "", "text": "Yo, pede, are you triggered??!!   It's obvious you're profoundly based but you greatly overstate my case ... historically/traditionally/economically, **ANY** president's economy over the first 6-9 mos is driven by the president before him. This has nothing to do with the god-emperor &lt;laugh&amp;facepalm&gt; just historical economics. Certainly there are psychological factors in play, but it's not like flipping a light switch. There's an *enormous* financial mass operating here and it takes a good deal of time to move and turn.  So, we good bro?  (BTW, re: god-emperor, wasn't that the guy in the *Dune* book who took drugs so he could turn into a worm? Just sayin.)"}
{"_id": "251561", "title": "", "text": "Chip and Pin cards are popular in Europe, however in the US we don't have them.  Visa/MC and Amex can issue chip and pin cards but no merchants or machines are set up here to take them.  Only certain countries in Europe use them and since you could possibly have a US visitor or a non-chip and pin person using your machine or eating at your restaurant they usually allow you to sign or just omit the pin if the card doesn't have a chip. It is definitely less secure, but the entire credit card industry in the US is running right now without it, so I don't think the major credit card companies care too much (they just pass the fraud on to the merchants anyway)."}
{"_id": "251562", "title": "", "text": "Look at [Nike's 10K Annual Report From 2016](http://s1.q4cdn.com/806093406/files/doc_financials/2016/ar/docs/nike-2016-form-10K.pdf).  It is bull.  About 50% of their main business comes from North America.    Big businesses suck for this reason.  Small business owners get taxed more than you.  (Their effective tax rate in 2016 was 18.7%)"}
{"_id": "251564", "title": "", "text": "question #2 - yes, 25% of your 1099 income. Good idea. It adds up quickly and is a good way to reduce taxable income."}
{"_id": "251566", "title": "", "text": "Seriously.  Nobody wants another exclusive platform at this point. So all it can be is another open platform to play games on. Something like one of those Razor Nvidia thingamagigs. An android console was already tried multiple times and failed, nothing revolutionary. Just another cash grab at the Atari name. Microsoft barely broke into the console market after dumping billions into the console. No one is going to dump billions into Atari at this point. Even Facebook after buying occulus is very careful with it right now."}
{"_id": "251574", "title": "", "text": "\"&gt;Besides, if banks are so evil, why would I ever do any business with them?  Are you not familiar with the phrase \"\"a necessary evil\"\"?  You must understand that the major difference between borrowing from an individual and borrowing from a financial institution is that the latter factors the risk of default into its business model.  The bank expects a certain percentage of its borrowers to default and manages its risk accordingly, which is why there are such things as credit scores and variable APRs in the first place.  Your bank doesn't \"\"trust\"\" you any further than it could throw you.\""}
{"_id": "251589", "title": "", "text": "Problem with Boston is infrastructure. Not internet but general infrastructure. I don't know if the city itself is prime enough. Amazon would become a traffic and parking problem unto itself. That being said, the surrounding area is huge has open land and employees are probably happy to commute.  Their greatest advantage is nexus distance from Seattle."}
{"_id": "251596", "title": "", "text": "From the non-authoritative Investopedia page: A stop-limit order will be executed at a specified price, or better, after a given stop price has been reached. Once the stop price is reached, the stop-limit order becomes a limit order to buy or sell at the limit price or better. So once the stop price has been breached, your limit order is placed and will be on the order books as a $9 ask. For a vanilla stop order, a market order will be placed and will be filled using the highest active bid(s)."}
{"_id": "251603", "title": "", "text": "\"I've seen various blog posts (mostly from Penelope Trunk) refer to \"\"optimizers\"\" versus \"\"settlers.\"\"  The optimizers are the go-getters, the ones always on the move, trying to optimize their time, their life, their experience, etc.  They tend to be younger, on average, live in bigger cities, and on the whole, tend to be less happy.  The settlers are the ones who settle for what is, live in smaller cities, and tend to be happier, albeit \"\"less interesting\"\". Assuming that your idea of \"\"slowing down\"\" refers to moving away from that maximizer lifestyle, yes, I think you'll probably save money.  Apparently it costs money to be unhappy!  Going out for meals everyday, going out with friends every evening, shopping for the latest and greatest whatever, buying the newest gizmo, trading up your car every 3 years, traveling every other weekend to far-off places, making your life \"\"interesting\"\" - these all cost, and far more than their opposites. Take time to be happy with what you have - enjoy your comfortable and broken-in shoes, enjoy your paid-off car, enjoy some quiet alone time with a good (library) book, appreciate the delicate tastes of a homecooked meal over the in-your-face greasebomb of restaurant food, take a walk, shut off the latest Apple iDevice, and just be.  You'll save money, find calm, and feel refreshed. *Apologies for waxing philosophical - though the connotations of \"\"slowing down\"\" sort of insist on it :).\""}
{"_id": "251604", "title": "", "text": "They are 2 different class of shares belonging to the same company. Class A shares [par value of 0.01] have 100 voting rights per share. Class B shares [par value of 0.0002] have one voting rights.  Both are listed separately with different ISN and trade at slightly different values. The Class A at higher value than Class B which looks right as it has more voting power."}
{"_id": "251612", "title": "", "text": "I was just thinking the same thing.  If you incentivized all the people involved in incarcerating insider traders and other fradulent wall st behavior based on a % of settlement/penality/falsely accumulated net worth people would pursue this with so much more passion."}
{"_id": "251618", "title": "", "text": "I've been told by staff in my local car hire agency that they get such big discounts that they actually make money selling the cars, so they replace all their cars every six months (in the UK the number plate indicates when the car was registered, in six month periods). This suits the manufacturers, because it means they can offer a lower-cost product to price sensitive customers, while charging more to people who want something brand new. For example, you could buy a brand new Fiesta for \u00a314,000 or a 6 month old version of the same car with a few thousand miles on the clock for \u00a312,000. This means if you only have \u00a312,000 then you can afford to buy a nearly new Fiesta, but if you can afford a bit more then Ford will happily take that off you for a brand new Fiesta. Ford sell an extra car, and if the car hire company only paid \u00a311,000 then they make some profit too."}
{"_id": "251621", "title": "", "text": "Global warming is not flaw of capitalism. It is due to crony capitalism.  In the economic theory I told you about, it is called externality. Usually externality are handled via regulation. For global warming, best way to do this would be via carbon tax and etc which most economist support.  The whole market solving everything by itself is myth created by republicans. All economist agree good regulations are needed on certain areas.  You are right that you can't credit capitalism for us success, but those natural resources only go so far. It really is the strong institution we have in US capitalism that made us so special.  There are tons of research on effect of natural resources already.  I am not asking you to refute me, but google some lectures on some ideas starting with Ricardian theory. It really is eye opening stuff. It was for me at least."}
{"_id": "251628", "title": "", "text": "\"Your conclusion there is very wrong. Labeling laws are never designed to intentionally mislead. Yes, sometimes they fail, and can often be abused, but generally speaking the majority of our labeling laws are pretty good. There are plenty of issues, but it's an extremely complex thing, and there are bound to be issues. Most at least have a reasonable justification.   Though not all. See also \"\"natural\"\" versus \"\"artificial,\"\" which is a crock of shit.\""}
{"_id": "251642", "title": "", "text": "Paying down your mortgage saves lots of interest. With a long term mortgage you end up paying twice us much to the bank than the sales price of the house. Even low mortgage interests are higher than short term bonds. The saving of those interest are as much an investment as the interest you get from a bond. However, before paying off a mortgage other higher interest loans should be paid off. Also it should be considered if the mortgage interest create a tax reduction in the comparison with any other options."}
{"_id": "251643", "title": "", "text": "According to Clark Howard you should use your cards every 6 months to keep them in your active credit score mix."}
{"_id": "251644", "title": "", "text": "That sounds pretty fishy to me.  I'm an IT professional - I can determine more about him if I have full access to the email headers.  Just give me your email and your password so I can log in and check the email he's using to contact you."}
{"_id": "251649", "title": "", "text": "\"The Form 1040 (U.S. tax return form) Instructions has a section called \"\"Do You Have To File?\"\".  Below a certain income, you are not required to file a tax return and pay any tax.  This amount of income at which you are required to file depends on several things, including your dependency status (you are a dependent of your parents), your marital status, and other factors.  The instructions have charts that show what these numbers are.  You would fall under Chart B. Assuming that you are under age 65, unmarried, and not blind, you only have to file when you reach the following conditions: Your unearned income was over $1,050. Your earned income was over $6,300. Your gross income was more than the larger of\u2014 $1,050, or Your earned income (up to $5,950) plus $350. (Note: Income from YouTube would count as \"\"earned income\"\" for the purposes above.) However, if you are producing your own videos and receiving revenue from them, you are technically self-employed.  This means that the conditions from Chart C also apply, which state: You must file a return if any of the five conditions below apply for 2015. As a self-employed person, you can deduct business expenses (expenses that you incur in producing your product, which is this case is your videos).  Once your revenue minus your expenses reach $400, you will need to file an income tax return.\""}
{"_id": "251667", "title": "", "text": "\"Kid, you need to start thinking in thresholds. There are several monetary thresholds that separate your class from a more well funded class. 1) You cannot use margin with less than $2000 dollars Brokers require that you have at least $2000 before they will lend to you 2) In 2010, Congress banned under 21 year olds from getting access to credit. UNLESS they get cosigned. This means that even if you have $2000, no broker will give you margin unless you have a (good) credit history already. There was a good reason for this, but its based on the assumption that everyone is stupid, not the assumption that some people are objective thinkers. 3) The brokers that will open an account for you have high commissions. The commissions are so high that it will destroy any capital gains you may make with your $1000. For the most part. 4) The pattern day trader rule. You cannot employ sophisticated risk management while being subject to the pattern day trader rule. It basically limits you from trading 3 times a day (its more complicated than that read it yourself) if you have less than $25,000 in one account. 5) Non-trade or stock related investments: Buy municipal or treasury bonds. They will give you more than a savings account would, and municipals are tax free. This isn't exactly what I would call liquid though - ie. if you wanted to access your money to invest in something else on a whim. 6) What are you studying? If its anything technical then you might get a good idea that you could risk your money on to create value. But I would stick to high growth stocks before blowing your $1000 on an idea. Thats not exactly what I would call \"\"access to capital\"\". 7) Arbitrage. Lets say you know a friend that buys the trendy collectors shoes at discount and sells them for a profit. He might do this with one $200 pair of tennis shoes, and then use the $60 profit different to go buy video games for himself. If he wanted to scale up, he couldn't because he never has more than $200 to play with. In comparison, you could do 5 pairs ($200 x 5) and immediately have a larger operation than him, making a larger profit ($60 x 5 = $300, now you have $1300 and could do it again with 6 pairs to make an even great er profit) not because you are better or worked at it, but solely because you have more capital to start with. Keep an eye out for arbitrage opportunities, usually there is a good reason they exist if you notice it: the market is too small and illiquid to scale up with, or the entire market will be saturated the next day. (Efficient Market Theory, learn about it) 8) Take everything I just taught you, and make a \"\"small investor newsletter\"\" website with subscribers. Online sites have low overhead costs.\""}
{"_id": "251671", "title": "", "text": "It's not that they don't understand email, but that they don't want to use it.  It's like the writer who still use old computers or typewriters because that's what they feel comfortable with. Or RMS who though is deeply involved in technology, still doesn't use a graphical browser.  To a general, how would email ever factor in on the battlefield as opposed to say radio systems?"}
{"_id": "251672", "title": "", "text": "Employee badges are designed to track your location. If you don't want your activities within a company to be tracked, you wouldn't be able to work for many companies. I don't understand why you think you deserve the same privacy at work that you get at home.  My transit card has a microchip. Do you seriously think it does anything other than perform transit transactions?"}
{"_id": "251674", "title": "", "text": "Starting from information of a business for sale in MN to that of handing over the business, everything is dealt very smoothly by the experts in the field. To make things favourable and ensure the deal is correctly signed business brokers play an inevitable role."}
{"_id": "251700", "title": "", "text": "I suspect @SpehroPefhany is correct and that your bank will cash a check from the US Department of the Treasury.  Especially since they're the same ones who guarantee the U.S. Dollar.  They may hold the funds until the check clears, but I think you'll have good luck going through your bank.  Of course, fees and exchange rate are a factor.   Consider browsing the IRS and US Treasury Department websites for suggestions/FAQs.   I suggest you line up a way to cash it, and make sure there's enough left after fees and exchange rate and postage to get the check that the whole process is worth it, all before you ask it to be shipped to you.   If there's no way to do it through your bank, through a money exchange business (those at the airport come to mind) or through your government (postal bank?), and the check is enough that you're willing to go through some trouble, then you should look into assigning power of attorney for this purpose.  I don't know if it is possible, but it might be worth looking into. Look for US based banks in your area."}
{"_id": "251701", "title": "", "text": "If the card has no annual fee, you can keep it for as long as you like and you will never get charged. I advise you to GoPaperless so you stop getting the $0 bills every month. Many cards have the fee waived for the first year. If you have such a card, you should make sure to cancel it when you stop using it, or when the fee waiver expires."}
{"_id": "251704", "title": "", "text": "Ignoring brokerage fees and the wash-sale rule (both of which are hazardous to your health), and since the 15% LTCG tax is only on the gain, the stock would have to drop 15% of the gain in price since you originally purchased it."}
{"_id": "251705", "title": "", "text": "## If you want to travel, study or work abroad, get our,TOEIC,TIEP NEBOSH, IELTS, TOEFL, ESOL, GMAT, CERTIFICATES Without Attending Exam.  ## WE can also help you to get valid Resident permit,Driver's license, second passport, Visas and ID card"}
{"_id": "251707", "title": "", "text": "There are some excellent related questions and answers at moms4mom.com on the subject of children and allowances / pocket money.  Check these out:"}
{"_id": "251711", "title": "", "text": "For the lenders to sell their positions they need buyers on the other side. For a large brokerage that means they should always be able to find another lender. For many contracts the client may have no idea they are a lender as lending is part of their agreement with the broker"}
{"_id": "251713", "title": "", "text": "A company can issue different kinds of shares. For example, some kinds of shares may get preference in dividends or payment in event of (company) bankruptcy. Preferred shares are an example of this. A company might have several kinds of preferred shares and a 'common stock'. Here is a good explanation. See too the Wikipedia article about preferred stock. Toronto-Dominion Bank (TD) is an example of a company that has fourteen different preferred share issues, each with its own listing on the Toronto Stock Exchange (TSE) and symbol. TD has one kind of common stock, which is also listed on the TSE. However, TD common equity trades much more actively than the preferred shares. Remember that preferred stock is a different security type than common stock e.g. common has voting rights, preferred does not."}
{"_id": "251715", "title": "", "text": "Market Capitalization is the product of the current share price (the last time someone sold a share of the stock, how much?) times the number of outstanding shares of stock, summed up over all of the stock categories. Assuming the efficient market hypothesis and a liquid market, this gives the current total value of the companies' assets (both tangible and intangible). Both the EMH and perfect liquidity may not hold at all times. Beyond those theoretical problems, in practice, someone trying to buy or sell the company at that price is going to be in for a surprise; the fact that someone wants to sell that many stocks, or buy that many stocks, will move the price of the company stock."}
{"_id": "251718", "title": "", "text": "I can't. I really can't. I mean, when I can grab some microwavable chicken strips, white rice, and white corn, and prepare that inside of a few minutes, and have leftovers, what's the point of McDonalds again? There are plenty of meals that can be made quickly. McDonalds is chosen out of poor taste and/or ignorance of the alternatives. That said, nobody's ever been executed for poor taste (though sometimes I wish they were)."}
{"_id": "251735", "title": "", "text": "\"If a company is doing well, it seems less likely to go bankrupt.  If a company is doing poorly, it seems more likely to go bankrupt.  The problem is, where is the inflection point between \"\"well\"\" and \"\"poorly\"\"?  When does a company start to head into oblivion?  Sometimes it is hard to know.  But if you don't call that right and hold onto your shares when a company is tanking, others, who call it before you do, will sell off, devalue the share price, and now you've missed your chance to get out at a good profit.  If you hang on too long, the company may just go bankrupt and you've lost your investment entirely. A healthy profitability of the company therefore has to bolster investor confidence in avoiding this very unpleasant scenario.  Therefore, the more profitable a company is, the more shareholder confidence it inspires, and the more willing to pay for it in the form of increased share price.  And, this then has a \"\"meta\"\" effect, in that each shareholder thinks, \"\"all other investors think this way, too,\"\" and so each feels good about holding the stock, since he knows he can likely easily liquidate it for good cash if he needs to, either now or in the next year or sometime hence.\""}
{"_id": "251740", "title": "", "text": "Quality of life, success and happiness are three factors that are self define by each individual. Most of the time all three factors go hand by hand with your ability to generate wealth and save.  Actually, a recent study showed that there were more happy families with savings than with expensive products (car, jewelry and others).   These 3 factors, will be very difficult to maintain after someone commit such action. First, because you will fear every interaction with the origin of the money.  Second, because every individual has a notion of wrong doing.  Third, for the reasons that Jaydles express. Also, most cards, will call you and stop the cards ability to give money, if they see an abusive pattern. Ether, skipping your country has some adverse psychological impact in the family and individual that most of the time 100K is not enough to motivate such change.   Thanks for reading. Geo"}
{"_id": "251746", "title": "", "text": "Lets be realistic here 95% of people that go to sea world don't give a shit about anything but seeing some guys doing tricks on jet ski's, the dolphin shows, and sitting in the splash zone for Shamu's show.   They are brain dead consumers trying to shut up their children and seaworld offers a slightly more educational experience that makes them feel like better parents.   Seaworld is like the fruit loops of the cereal section, it's still basically candy but it kind of looks like cheerios and has fruit in the name so parents feel better about buying it than Cinnamon Toast Crunch."}
{"_id": "251780", "title": "", "text": "\"When you have nothing and you need to build new, this is the best situation, but you need to partner with the Customer Support Manager, since it all come down to process management and reporting needs.   First of all, what are you in the company, do you work in Customer Service, IT or just an office worker who randomly got picked do it?   Secondly, do you have any budget? Do you have to code the whole thing, or can you licenses a platform or go open-source?   Thirdly, what do \"\"they\"\" want from the system? Do they want to track sales leads, sales, budget, customer service issues, do they want to track trucks and payloads? Are there any business measurements, they want, like NPS, CSAT, TAT, AHT.   Fourth: Are they willing to changed their working processes? If not, then all you really need is a system, where you can look up information and tie it to a account.    Source: I do this for a living\""}
{"_id": "251813", "title": "", "text": "\"Orders large enough to buy down the current Bid and Ask Book are common. This is the essential strategy through which larger traders \"\"Strip\"\" the Bid or Ask in order to excite motion in a direction that is favorable to their interests. Smaller traders will often focus on low float/small cap tickers, as both conditions tend to favor volatility on relatively small volume.\""}
{"_id": "251814", "title": "", "text": "What really matters is of course how it compares to future prices. Are we making the assumption that the future prices will be more like the average over the last 100 years (which, by looking at your diagram, we seem to be one standard deviation or so above)?"}
{"_id": "251824", "title": "", "text": "To figure this out, you need to know the price per share then vs the price per share now.  Google Finance will show you historical prices.  For GOOG, the closing price on January 5, 2015 was $513.87.  The price on December 31, 2015 was $758.88.  Return on Investment (ROI) is calculated with this formula: ROI = (Proceeds from Investment - Cost of Investment) / Cost of Investment Using this formula, your return on investment would be 47.7%.  Since the time period was one year, this number is already an annualized return.  If the time period was different than one year, you would normally convert it to an annualized rate of return in order to compare it to other investments."}
{"_id": "251825", "title": "", "text": "Guilty as charged.  Edit: And given the fact that [online grocery shopping has tried and failed in the past](https://techcrunch.com/2013/09/27/why-webvan-failed-and-how-home-delivery-2-0-is-addressing-the-problems/) I don't feel my assessment is a mere statement of the obvious. It is at least somewhat remarkable that a company that doesn't fail much is aggressively undertaking something that used to be a bad idea."}
{"_id": "251827", "title": "", "text": "I still don't get what exactly would change.  UK already has a different currency than the EU.  Would British people be able to still easily live &amp; work in other EU countries?  or would they need Visas after the divorce?"}
{"_id": "251837", "title": "", "text": "It's OK if he has good reasons not to invest. This has happened before and this will happen again.   What's not cool in my book is saying stuff like 'people who are bullish on India haven't been to India'. Really? I mean have you been to Russia? Try to venture outside Moscow during late hours Or try to drive a rental vehicle."}
{"_id": "251843", "title": "", "text": "\"You're \"\"onto\"\" something. Investing in real estate was not a bad idea about 10-15 years ago, when stocks were high, and real estate was not. On the other hand, by about 2006, BOTH stocks and real estate were high, and should have been avoided. And around 1980, both were LOW, and should have been bought. I expand this construct to include gold and oil. Around 2005, these were relatively low, and should have been bought over stocks and real estate. On the other hand, ALL FOUR are high right now, and offer comparable dangers.\""}
{"_id": "251846", "title": "", "text": "I am only familiar with American banks, but generally speaking, they will work with you if you can demonstrate that you have an adequate average income over a period of time. It is likely they will want a record of your income for at least the last 24 months (more would be better). The terms of the individual contracts (i.e. termination clauses, etc.) shouldn't be important as long as you have a demonstrated history of making a good income. I'd recommend finding a bank that performs manual underwriting, i.e. they actually have someone on staff that will look at your credit history, income, debt ratios, as opposed to them just generating an offer based on a computer model. Lending standards can vary quite a bit from bank to bank, and you have not listed your average annual income, so it is difficult to say whether they will offer you a mortgage, or for what amount, but you have a significant down payment. However, assuming that your numbers are good and that you can find someone intelligent to work with, it's unlikely that they will deny you simply because your income is uneven. Best of luck!"}
{"_id": "251849", "title": "", "text": "Their business model was based on annoying your friends with constant ads.  Evertually Facebook is going to see things like Zynga as parasites instead of adding value - people who thrive on Facebook as an advertising platform without paying Facebook for ads, while simultaneously reducing the pleasure of the user experience as any distracting advertisement would.  I get annoyed when my Facebook queue is flooded with details of my friends' gameplay.  I'm Facebook is aware of this.  Being a thorn in the side of the owner of your platform is *not* a good business-model."}
{"_id": "251866", "title": "", "text": "&gt; Don't you think the fact that most of the world's wealth is concentrated in that top 1% has something to do with that?  Poor people have far, far more children than the rich.  Rich people have on average 1.5 children.  Some countries in Africa average 7-10 children per woman.  There's absolutely no way to not end up with crippling poverty and inequality with breeding habits like that."}
{"_id": "251889", "title": "", "text": "Sunshine Coast Pressure Cleaning are the regions leading service provider of high pressure washing. Our team of trained professionals can provide the following service: High pressure cleaning, drive way pressure washing, car park cleaning, house washing, roof washing, and many more. For the best results, call us today and discover why we are the sunshine coast's favourite pressure cleaning professionals."}
{"_id": "251893", "title": "", "text": "If you have a great technical trading system that gets you winning trading 80-85% of the time in backtesting, the question should be why are you not trading it? To get a better idea of how good your trading system is you should work out your expectancy per trade. This will tell you how much you should make on average for every trade you take. Expectancy not only considers your win rate but also you win size to loss size ratio. For example if you are getting winning trades 80% of the time but your average win size is $100, and your 20% of losses average $500, then you will still be losing money. You should be aiming for an average win size of at least 2.5 to 3 times you average loss size. This will provide you a profitable trading system even if your win rate is 50%. If your trading system is really that good and provides a win size of at least 2.5 times your loss size then you should be actively trading it. Also, if you put your trading system out there in the public domain together with your trading results you will actually find that, quite opposite to what the consensus above is, your results from your trading plan should actually improve further. The more people acting on the outcome of a signal in the same direction the higher the probability that the movement in the desired direction will actually occur. If you are looking to make money from your trading ideas, no one will pay anything unless you have real results to back it up. So if you are so confident about your system you should start trading it with real money. Of course you should start off small and build it up over time as your results eventuate as per your simulations."}
{"_id": "251913", "title": "", "text": "\"Actually, you started the crime before \"\"doing [the] mutually volunteer transactions\"\".  You started by violating the terms of the contract which are clearly stated on the coupon: 1 offer per household and no reproduction.  You used the same coupon over and over again.  That may not be a criminal offense, but the company could still find you liable for it.  It's what happens after you do the initial defrauding that'll get you in the biggest trouble.\""}
{"_id": "251914", "title": "", "text": "Yeah but people have been renouncing their citizenship. Also most of these companies like Apple these are domiciled in Nevada and then internationally in Ireland. Like there's no way to get 50 states to agree on a state income tax so it's a race to the bottom state-wise. And then federally they just move offices to Dublin and domicile there."}
{"_id": "251920", "title": "", "text": "Long Straddle:  \\\\/  Assuming you're trying to straddle the spot price, it will be more expensive to set up than a strangle as options strikes near the spot are more costly. Any price movement will regain against what was spent to acquire the options.  Long Strangle:  \\\\_/  Assuming you're trying to strangle the spot price, it will be less expensive to set up than a straddle as the options strikes are away from the spot.  It will require a larger price movement than the straddle to begin to regain value against what you spent, as there is a dead zone between the strikes where both expire worthless.  The / is the gain from a price movement up from the increase in value of calls; the \\\\ is the gain from a price movement down from the increase in value of puts."}
{"_id": "251934", "title": "", "text": "When you have dropped keys of your auto, or have got locked out of car, or lost residence keys, then call Mount Laurel NJ Locksmith's downtown expert care, which is supplied 24x7.Mount Laurel NJ Locksmith specializes in all possible difficulties relevant to locks - from home locksmith, to industrial and to vehicle locksmith."}
{"_id": "251945", "title": "", "text": "A major cause of the economic slow down in china in the last few years was due to the state run media over hyping their economic strength causing inflated stock prices all across the board. I'm wondering if its the same thing happening here at the individual level."}
{"_id": "251957", "title": "", "text": "If your end goal is IB and you can get in to a good school, then the second one.  Otherwise, an MFin from a non-target school will be a difficult sell without experience, I think.   /r/financialcareers if you haven't tried already"}
{"_id": "251961", "title": "", "text": "Or they had too high overhead. If you can modernize and get the same output out of three facilities instead of 4, you do it. They would not have gone bankrupt in the first place if they made more money than they spent. :)"}
{"_id": "251963", "title": "", "text": "But that strategy - as well as the only overall smoking ban in Atlantic City - turned off customers, and Revel filed for bankruptcy in 2013  Beautiful. (Karma is a bitch.)  Maybe I'll go down there and smoke a stogie in front of it."}
{"_id": "251980", "title": "", "text": "It is probably safe to throw away the receipt.  Without a system to process and store receipts, they are of little use. With regards to personal finances I'm guilty of preaching without practicing 100% of the time, but here are some arguments for keeping receipts. To reconcile your statement to receipts before paying the credit card bill  - people make mistakes all the time.  I bet if you have an average volume of transactions, you will find at least one mistake in 12 months. To establish baseline spending and calculate a realistic budget.  So many people will draft  a budget by 'estimating' where their money goes.  When it comes to this chore, I think people are about as honest with themselves as exercise and counting calories.  Receipts are facts. To abide by record keeping requirements for warranty, business, IRS, etc... Personally, the only thing I've caught so far is Bank of America charging me interest when I pay my bill in full every month!"}
{"_id": "252015", "title": "", "text": "That's the weird thing about job interviews, same as when I'm sure Ballmer interviewed for this teaching position - nobody cares how you actually did at your job, they just care you have experience doing it.  Edit: I'm sure the interviewers' eyes lit up when the former CEO of Microsoft wanted a teaching job at their school. Never mind the company's been stagnant the entire time he was running the show, but the former CEO of Microsoft, wow! /s"}
{"_id": "252017", "title": "", "text": "His business isn't producing anything of value. In fact a quick search and all I can see is people complaining about high stress sales people and payments larger than their mortgage and never being able to use the time share they are paying for. If he is having troubles it likely has to do with his business plan being complete shit."}
{"_id": "252019", "title": "", "text": "The risk besides the extra interest is that you might be upside down on the loan. Because the car loses value the moment you drive off the lot, the slower you pay it off the longer it takes to get the loan balance below the resale value. Of course if you have a significant down payment, the risk of being upside down is not as great. Even buying a used car doesn't help because if you try to sell it back to the dealer the next week they wont give you the full price you paid. Some people try and split the difference, get the longer term loan, but then pay it off as quickly as the shorter term loan. Yes the interest rate is higher but if you need to drop the payment back to the required level you can do so."}
{"_id": "252038", "title": "", "text": "While in London for a month about a year ago, I had similar issues. I ended up getting a prepaid chip-and-pin card that was filled with cash. I don't remember the retailer that sold me this, but I figure it'll give you something to start your search."}
{"_id": "252039", "title": "", "text": "Do you want to know How to Buy Bitcoins or How to Make Money in Bitcoin Investments. First of all, you should know What is Bitcoin? and What is Cryptocurrency? Through our this https://www.youtube.com/watch?v=xDIRVGkeONY video link you will get all the information whatever you want to know about Bitcoins. https://www.youtube.com/watch?v=xDIRVGkeONY"}
{"_id": "252063", "title": "", "text": "It's actually pretty simple. Tax coal, gas, polluting air travel. Then subsidize renewable industries.  &gt;global warming is a tax hoax.  You realize you just disagreed with 99% of scientists.  The alternative is to do nothing. Our children and grandchildren will be the ones who'll mostly pay the price."}
{"_id": "252082", "title": "", "text": "Yes it most cases it is legal. Plus depending on how you look at it, the last payment of 1000 can be principal paid and interest was paid in initial installments."}
{"_id": "252084", "title": "", "text": "\"Most stock brokers are \"\"full service\"\" brokers. That is to say that you can so the same broker to buy different types of stocks, bonds, options, etc. in different markets. Some brokers are very specialized and won't allow you to do that. But those are probably brokers you don't want to use.\""}
{"_id": "252097", "title": "", "text": "\"If you wish to lend them the money, make the check payable to the order of  \"\"loan\"\", not directly to your son or daughter.\""}
{"_id": "252101", "title": "", "text": "I have no argument for or against it, hence the grey area. My heart wants to provide the service to everyone, while my brain tells me to do a cost-benefit analysis.  People in the US opposed to UK or Canada style medicine cite access to medical help as the reason but I don't have any experience with either nor has it been a big deal for me so far."}
{"_id": "252108", "title": "", "text": "Al-Jazeera is a bit more complicated as they are state-funded by Qatar, but Qatar has a more complex internal power structure than Putin's virtual domibance if Russia and a far more complex regional situation having recently become ostracized by its neighbors. Again, plenty of decent articles but the real agenda is not necessarily journalism. Qatar, like Russia, very much wants to be considered a peer of the rest of the developed, primarily Western, world. Unsurprisingly, the next two World Cups (of football/soccer) of 2018 and 2022 are scheduled to be held in Russia and Qatar respectively. So news media is just one tool of this push for influence and soft-power."}
{"_id": "252128", "title": "", "text": "IT IS THE SAME WITH FOSSIL FUELS  oil goes in one end of pipe by 20 different suppliers,  buyers by from the other end of the pipe by 20 different buyers.  The actual oil you receive from the end of the pipe may have been put in by your competitor. Yet you are buying it at the right price,  thus helping the overall infrastructure."}
{"_id": "252133", "title": "", "text": "That is unfortunate. I am glad you were just a retail manager, as that mind frame is extremely poor. You have to build your team for your company to be successful, and that includes treating them with respect and providing pay relevant to their work (which, no matter the industry, should be at the minimum enough to live basically off of)  Source: Executive level recruiter and consultant  Perhaps we should get some people that are over 25 and actually work in higher positions in on the discussion, rather than bitter Wal-mart managers"}
{"_id": "252135", "title": "", "text": "You normally only pay taxes on the difference between the sale price and the cost basis of the asset. In your example, you would probably pay taxes on the $10 difference, not the full sale price of $110. If you paid a commission, however, you would be taxed on your gain minus the commission you paid. Since you held the asset for less than a year, you wouldn't pay the long-term capital gains rate of 20%; you'd be taxed on the capital gain as if it were ordinary income, which depends on your federal income tax bracket. Also, littleadv makes a good point about the implications of buying the asset with after-tax funds too, so that's another part of the equation to consider as well."}
{"_id": "252167", "title": "", "text": "Expanded metal is made by a process of slit and stretch. A precision die slits and stretches the material in a single operation. The material is then processed through a set of rollers which adjusts the final thickness. For more information email us at sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website www.dexmet.com."}
{"_id": "252176", "title": "", "text": "\"There are two ways to handle this. The first is that the better brokers, such as Charles Schwab, will produce summaries of your gains and losses (using historical cost information), as well as your trades, on a monthly and annual basis. These summaries are \"\"ready made\"\" for the IRS. More brokers will provide these summaries come 2011. The second is that if you are a \"\"frequent trader\"\" (see IRS rulings for what constitutes one), then they'll allow you to use the net worth method of accounting. That is, you take the account balance at the end of the year, subtract the beginning balance, adjust the value up for withdrawals and down for infusions, and the summary is your gain or loss. A third way is to do all your trading in say, an IRA, which is taxed on distribution, not on stock sales.\""}
{"_id": "252182", "title": "", "text": "Hmm, i know ive read that consumer spending stimulates an economy more than investment somewhere, and that it is the weak middle class and lower consumer spending that is causing our sluggish economy.  Ill have to find it.  Also, youhave the theory that decreasing the income gap helps society in many other ways, lowers crime, mental illness, increases hapiness for the poor AND the rich of the country...  http://www.amazon.com/Spirit-Level-Equality-Societies-Stronger/dp/1608193411"}
{"_id": "252183", "title": "", "text": "Wij leveren u eerste klas ovengedroogd openhaardhout dat goed brandt en weinig rookt. Het haardhout wat nadat het is gekloofd en gestapeld in de boxen gedrurende een paar dagen in de oven gedaan. Door de hoge temperaturen verdamt het vocht uit het hout."}
{"_id": "252184", "title": "", "text": "Having your own list and marketing to it is essential. What happens when any of those social platforms changes their TOS? You are totally dependent on another platform for your business. I wouldn't do that. Do social, sure, but have your own email list."}
{"_id": "252217", "title": "", "text": "\"The point is that as it spreads, it hits the people who aren't poor, and those people will pay anything they have for a cure.  So it's a sudden market opportunity.    I can even imagine a company discussing this in a board room, saying that if they just hold off a while, the sheer panic will artificially drive up the market value at the \"\"lamentable\"\" (I see them doing Austin Powers style air-quotes here) cost of a \"\"few\"\" unfortunate lives.    Allegedly, [the problem in the first place](http://www.vox.com/2014/7/31/5952665/ebola-virus-vaccine-why-hasnt-it-happened) is that investors didn't want to bother with this because it wasn't originally lucrative, so *some* such discussion must have happened.\""}
{"_id": "252225", "title": "", "text": "\"We're screaming about it because we're barely hanging on by our fucking fingernails, and more taxes will suck all the cash out of our businesses and push us over the edge.    I find it weird that the people who complain most about big box corporations are also the ones screaming for more government involvement in the marketplace, which acts as a regressive tax in the business ecology, and selects for the largest corporation.  I for one think you can shove your \"\"sensible, smart decision\"\" through my *accounting program* and figure out how to make payroll, when I have to take out a *loan* to pay my taxes.\""}
{"_id": "252226", "title": "", "text": "\"So the status quo is at it again since RT hasn't joined the circlejerk of \"\"election meddling\"\" and actually allowed refutation of it, and how clever of the author to drop \"\"election meddling\"\" like a matter of fact lol!   When will USA own up to the fact that their own people elected the carrot?  Sanctions other country's weapons manufacturer means boom of American weapons. Oh goodie! More wars and invasions coming up in the next decade!\""}
{"_id": "252227", "title": "", "text": "\"The only party that can pay back a government bond is the government that issued it itself. In the case of Argentina, US vulture funds have won cases against it, but it has yet to pay.  The best one can do to collect is to sue in a jurisdiction that permits and hope to seize the defaulted government's assets held in such jurisdiction. One could encourage another state to go to war to collect, but this is highly unlikely since a state that doesn't repay is probably a poor state with nothing much to loot; besides, most modern governments do not loot the conquered anymore.  Such a specific eventuality hasn't happened in at least a lifetime, anyways.  It is highly unlikely that any nation would be foolish enough to challenge the United States considering its present military dominance. It is rare for nations with medium to large economies to spurn their government obligations for long with Argentina as the notable exception.  Even Russia became current when they spontaneously disavowed their government debt during the oil collapse of 1998. Countries with very small economies such as Zimbabwe are the only remaining nations that try to use their central banks to fund debt repayments if they even repay at all, but they quickly see that the destruction caused by hyperinflation neither helps with government debt nor excessive government expenditure. Nevertheless, it could be dangerous to assume that no nation would default on its debt for any period of time, and the effects upon countries with defaulted government debt show that it has far reaching negative consequences. If the US were to use its central bank to repay its government obligations, the law governing the Federal Reserve would have to be changed since it is currently mandated to \"\"maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices and moderate long-term interest rates.\"\" The United States Treasury has no power over the Federal Reserve thus cannot force the Federal Reserve to betray its mandate by purchasing government debt. It should be noted that while Japan has a government debt twice its GDP, it also has a persistent slight deflation which has produced incredibly low interest rates, allowing it to finance government debt more easily, a situation the US does not enjoy. For now, the United States seems to be able to pay expenditures and finance at low interest rates.  At what ratio of government debt to GDP that would cause interest rates to climb thus put pressure on the US's ability to repay does not seem to be well known.\""}
{"_id": "252237", "title": "", "text": "\"You don't \"\"need\"\" your refund to be as small as possible, but you usually would want it to be as small as possible. The reason people say you should aim for a small refund is that getting a big refund means you paid more in taxes than you had to.  This means you gave away money that you could have done something else with.  You get the money back later as a tax refund, but you lost the ability to use it during the time the government had it. For instance, if as you say you are getting a $1000 tax refund, that's $1000 that you are giving to the government over the course of the year.  At the end of the year, you get it back, so you end the year with $1000.  If you instead kept the money, (by paying only exactly as much tax as you owe throughout the year) you could invest it somehow, so that by the end of the year it could potentially have grown to, say, $1050.  Thus at the end of the year you would have $1050 instead of $1000. Ideally you would have zero refund and owe zero extra at the end of the year.  However, since it is often difficult to make things work out so exactly, people often say you should aim for a small refund. Assuming you are in the USA, if your income is only $9000 you will likely not owe any federal income tax at all, so you could claim exemption from withholding and avoid paying any tax ahead of time.  You could check this when you file your taxes by seeing if the refund you get is equal to the total of taxes withheld from your paychecks over the course of last year.\""}
{"_id": "252273", "title": "", "text": "Assuming that you don't own the business, it would seem to apply. The CRA says: If you were a resident of Quebec on December\u00a031,\u00a02016, and you did not have a business with a permanent establishment outside Quebec, your refundable Quebec abatement is 16.5% of the basic federal tax on line\u00a055 of Schedule\u00a01. If you had income from a business (including income you received as a limited or non-active partner) and the business has a permanent establishment outside Quebec, or you were not a resident of Quebec on December 31, 2016, and the business has a permanent establishment in Quebec, use Form T2203, Provincial and Territorial Taxes for 2016\u00a0- Multiple Jurisdictions, to calculate your abatement. For people whose income isn't coming from businesses they own, this seems quite clear."}
{"_id": "252279", "title": "", "text": "\"Generally, you're only supposed to claim from FSA the amounts you actually paid. The rebate reduces the costs, so it should also reduce the amounts you claimed from FSA. That would make the rebate \"\"after-tax\"\" money. However, in reality, many people \"\"cut the corners\"\" and double dip by submitting the full receipt to the FSA and getting a rebate. That would not be entirely legal to the best of my understanding and I'd advise against it. If the FSA administrators know about the rebate program - they will ask you if you got/will get a rebate and reduce the FSA payout accordingly.\""}
{"_id": "252281", "title": "", "text": "What most people who dislike globalization don't realize is that by letting companies do what is best to distribute their companies across the globe based on least cost to them, it actually equalizes the economies in the long run and eventually causes jobs to return to US as costs rise along with standard of living in foreign countries. As long as the USA competes well against other countries, especially on taxes to do business, to attract business to the USA there should be no long term fear of companies keeping jobs overseas."}
{"_id": "252297", "title": "", "text": "Not even an LA thing. There are three in Orange County, and one in Downey \u2014 in the entire state.  A small number of store is very likely going to skew the data. It should have been limited to chains with a minimum of say 25 stores in a state.  But BI and Forequare knew that going into their report because there was so much drama over the one they produced last year.   And there seems to be even more outrage this year, with numerous articles on the report."}
{"_id": "252336", "title": "", "text": "Several people have mentioned the obvious: inflation.  But let's assume we are talking about real (inflation adjusted) prices. One argument is that populations keep rising while the land does not change.  So the price of homes in desirable places gets pushed up and people move to second-best locations, pushing those prices up, etc.  Similar Malthusian argument holds for raw materials (steel, granite, fine wood, etc.). Another argument is that the economy has a long-term upward trajectory (that's the assumption).  So each generation, as a whole, has more disposable real income than the previous.  As disposable income increases, people tend to put more and more money into their homes, pushing prices up.  True for all goods, of course, but it may be more true for real estate than for other types of goods."}
{"_id": "252358", "title": "", "text": "\"So long as you have complete, virtually instant access to funds through checks, debit card, or ATM transaction, then yes it would be a better option than a \"\"vanilla\"\" savings account.   If it's in a brokerage account that you would need to process a transfer and potentially wait a few days for everything to settle, then I would just keep it in savings. The amount earned in interest isn't worth the extra hassle.  A compromise might be to keep a few thousand in a savings account and the rest in a money market.  That way you earn some interest and still have instant access to enough funds to cover most emergencies.\""}
{"_id": "252362", "title": "", "text": "I don't know any clever way to do what you're describing.  And, in a sense, you can see why there might not be one.  A mortgage isn't just a magical way to reduce your housing expenses; it's a tradeoff in which you agree to a long-term commitment in exchange for fixed costs (or at least costs with a prearranged structure) over that long term.  If you're unwilling to accept the obligation of paying for and maintaining the property over a long period, you can't really expect to reap the benefits of lowered costs.  Part of the reason people say buying is better is because people often do live in the same place for a long time, in which case, if they rent, they might miss out on savings they could have had if they bought instead.  If you're not going to live in the same place for a long time, buying may not actually be better for you."}
{"_id": "252373", "title": "", "text": "\"Yes, it is possible to withdraw money from your Roth IRA before retirement (but I wouldn't necessarily advise you to do so.)  Here's the good news, and the bad news: The good news: Unlike a traditional IRA, money contributed to a Roth IRA is done so on an after-tax basis, meaning you don't benefit from a tax deduction on contributions. So, the money you withdraw from your Roth IRA will not be taxed entirely as ordinary income. In fact, you are allowed to withdraw the amount of your original contributions (also known as basis) without any taxes or penalties. Let's imagine you originally deposited $9000 of that current $10K total value \u2013 then in such a case, $9000 could be withdrawn tax and penalty free. The bad news: When it comes to the investment earnings \u2013 the other $1000 in my example \u2013  it's a different story:  Since you wouldn't be age 59 1/2 at the time of withdrawal, any money taken out beyond your original contributions would be considered a non-qualified withdrawal and subject to both ordinary income taxes plus a 10% early withdrawal penalty.  Ouch! Perhaps you might want to restrict your withdrawal to your original contributions.  I would imagine if you've had the account for such a short period of time that much or all of your account value is original contributions anyway. A good article about the rules for early IRA withdrawals is About.com's Tax Penalty for Early Distribution of Retirement Funds. Note: If your Roth IRA funds were the result of a rollover from another account type, other rules may apply. See Roth IRA (Wikipedia) for more detail; search for \"\"rollover\"\". Regarding the withdrawal process itself and the timing, you should check with your account custodian on how to proceed.\""}
{"_id": "252408", "title": "", "text": "I am right there with you on this.  People who still buy disposable bottled water confuse the crap out of me(my family members included).  When there are so many options for long term use water bottles, plastic bottles are unnecessary."}
{"_id": "252412", "title": "", "text": "NeoSize XL is a complete penis enhancement and male increase system which has the highest potential with its most powerful ingredients. The best Neosize xl reviews is, This product seems to be endorsed by a medical professional, but not many details are known about the doctor that supports the product. The material which contains in the Neosize XL product is Tribulus Terrestris, Indian Spider Plant  Velvet bean, Lebbeck tree, Indian Ginseng, Elephant Creeper, Hygrophila and Tinospora Gulancha."}
{"_id": "252414", "title": "", "text": "A loan that does not begin with at least a 20% deposit and run through a term of no longer than 48 months is the world's way of telling you that you can't afford this vehicle.   Consumer-driven cars are rapidly depreciating assets. Attenuating the loan to 70 months or longer means that payments will likely not keep up with depreciation, thus trapping the buyer in an upside down loan for the entire term."}
{"_id": "252417", "title": "", "text": "Thank you for the links I definitely appreciate the help. It looks like there won't be anything free that will be too helpful I just don't want to spend all that money when it's going to be provided to me anyways. I even tried the library and there's a single book in my state that has three holds before me."}
{"_id": "252458", "title": "", "text": "The U.S. economy has seen some very difficult economic times centered around poor fiscal policies and fiscal irresponsibility.  The Great Depression represents a good example and is a reminder to us of where the U.S. and the world can end up.  In this exclusive article we revisit the policies and economic indicators that led to the Great Depression and whether we are in the midst of its return.  Register Today for all the exciting news and discussion groups we have to offer! @ http://www.igoldpost.com/register-today/"}
{"_id": "252471", "title": "", "text": "I believe that article provides some good reasons, though it may be a bit light on technical details and there are likely other reasons a company would do it. So, if they can finance for less then they would lose to taxes by bringing the money home and they do not take on too much debt, this will likely work just fine and increase share holder value. Hopefully, someone else can provide some other reasonable scenarios. The bottom line is that it does not matter how they finance the share buybacks and/or dividend payments as long as they do not shoot themselves in the foot while doing it."}
{"_id": "252473", "title": "", "text": "\"I am going to assume your location is the US. From what I am seeing it is unlikely you will get a loan other than some government backed thing.  You are a poor risk. At 7k/month, you have above average household income.  The fact that all of your income \"\"is being washed off somewhere\"\" is a behavior problem, not a mathematical one.  For example, why do you have a car payment?  You should purchase a car for cash. Failing that, given reasonable rent (1100), reasonable car payment (400), insurances (300), other expenses (1000), you should clear at least 4000 per month in cash flow.  Where is that money going?  Here tracking spending and budgeting is your friend.  Figure out the leaks in your budget and fix them. By cutting back, and perhaps working a second job or somehow earning more you could have a down payment for a home in as little as 10 months.  That is not a very long time.   Similarly we can discuss the grocery store.  Had you prepared for this moment three years ago you could have bought the store for cash.  This would have eliminated a bunch of risk and increase the likelihood of this venture's success.  If you had started this one year ago, you could have gone in with a significant down payment.  The bank would see this as a good risk if you wanted to borrow the remainder. Instead the bank sees you as a person as a poor risk.  You spend every dime you make without much concern for the future or possible negative events (by implication of your question).  If you cannot handle the cash flows of regular employment well, how can you handle the cash flows of a grocery business?  It is far more complex, and there is far less room for error.   So how do you get a loan?  I would start with learning on how to manage your personal finance well prior to delving into the world of business.\""}
{"_id": "252475", "title": "", "text": "A protection similar to FDIC for banks is provided to brokerage accounts' owners by SIPC. Neither FDIC nor SIPC provide protection or insurance against identity thefts or frauds, only bank/brokerage failures. Your investment losses are obviously not insured either. For fraud liability check your bank/brokerage policies, you can get insurance for identity theft from your insurance provider (its an optional coverage with many home-owner/renter insurance policies)."}
{"_id": "252480", "title": "", "text": "To put on essential oils the safest place is the bottom of the feet. So, you must buy doterra essential oils. Why? It is because almost everyone can put essential oils there with no adverse reaction and the skin on the soles of the feet is less sensitive. While a few, like thyme, lemongrass and oregano can feel hot and must usually be diluted, most essential oils are gentle on the skin."}
{"_id": "252496", "title": "", "text": "This is of course using 'new math'.  Namely, if I lend you $100 and you keep it for a month, I've lent you $100.  In fact, if I loan you $100 for a year I've loaned you $100.  But if I lend you $100 overnight, you pay me back in the morning, I lend you $100 overnight, you pay me back in the morning and we repeat that for a month, I've supposedly lent you $3,000.    That's some interesting math for sure."}
{"_id": "252505", "title": "", "text": "There are mechanisms for determining how valuable a property is without resorting to artificial government valuations that can rise/drop in relation to the local economy.  The most interesting I'm aware of is to force a sale of a property for X times the tax the person is paying.  So for instance if I value my home/business property at 100K and the forced-sale-factor is 100x then I would pay at **least** 1k/year for taxes maybe a bit more just to be safe.  This also solves the imminent domain issue.  That is a bit science-fictiony though.  In reality using an average of similar recent sales, while imperfect, is good enough.   &gt;Diversification is important in all kinds of investments.  I agree but governments can always raise rates or cut services or borrow in hard times, in general the property values should track fairly closely other forms of economic activity."}
{"_id": "252517", "title": "", "text": "Pseudo scientific bullflop.  Notice a lot of the expenses are for catalytic conversion.  This whole article assumes the rise of the electric car, which will cease when true competition arises after Trump kills the welfare scam of the hybrid car cash give away credit .    If a hybrid car is the clear victor off the battle with oil then it will survive without the generous government subsidy.  But they can't, so they won't."}
{"_id": "252534", "title": "", "text": "In my own case, my credit score went up drastically after I closed cards.  It did go down a bit (like 10 points) in the short term.  Within 6 months, however, I did see significant gains.  This would include closing the American Express card that I had for like 10 years.  According much of what I read, you should never close a AMEX card.   I did and it did not hurt me. What helps all this is that my utilization is zero."}
{"_id": "252537", "title": "", "text": "Although heroin was here in the US prior to that, many US soldiers became addicted to it during the war then brought their addiction home and dramatically increased demand.   Some what similar to how US soldiers in World War II were given free cigarettes while deployed, became addicted and brought that habit back home greatly increasing the number of cigarette users in the US."}
{"_id": "252547", "title": "", "text": "\"This is but one opinion.  Seek others before your act. \"\"When someone puts a million dollars in your hand, close your hand.\"\" A 50% gain in two weeks is huge.\""}
{"_id": "252558", "title": "", "text": "In principle, the stock price should see no change in the days leading up to an earnings announcement, and then at the moment of the announcement, the stock price should move in the direction of the earnings surprise (relative to the market's belief of what earnings were going to be). In practice, stock prices tend to drift a little in the direction of the surprise shortly before the announcement and the associated price jump. This could be because smart investors were able to replicate the computations to predict the announcement or because information gets illegally leaked ahead of the announcement.  So I guess your bullet point B is a likely scenario. Note that hedging activity in the options market will not affect stock price one way or another.  Options transfer risk from one party to another but net to zero.  Intense hedging activity may be able to push up the price of options (increasing the implied volatility), but it shouldn't affect the price of a stock one way or the other. For this reason, bullet point A is not the case. Note that price behavior after the announcement is also interesting: it seems to take some time to reach the correct price instead of jumping directly to it as economists would predict.   This phenomenon is known as post earnings announcement drift."}
{"_id": "252568", "title": "", "text": "And now it has come out about another breach in March.  They hired an outside firm to come in and do damage control.  Are we really to believe that the CFO had no knowledge of this before he sold his shares?  Seriously spending that kind of money (at least six figures per month) on an outside security consulting firm wouldn't require sign-off from the CFO?"}
{"_id": "252574", "title": "", "text": "\"I think you're confusing risk analysis (that is what you quoted as \"\"Taleb Distribution\"\") with arguments against taking risks altogether. You need to understand that not taking a risk - is by itself a risk. You can lose money by not investing it, because of the very same Taleb Distribution: an unpredictable catastrophic event. Take an example of keeping cash in your house and not investing it anywhere. In the 1998 default of the Russian Federation, people lost money by not investing it. Why? Because had they invested the money - they would have the investments/properties, but since they only had cash - it became worthless overnight. There's no argument for or against investing on its own. The arguments are always related to the investment goals and the risk analysis. You're looking for something that doesn't exist.\""}
{"_id": "252583", "title": "", "text": "If you don't want to employer a smoker, that's fine. It's pretty common in my secondary line of work to not even employee cigarette smokers.     But that doesn't mean it's necessarily the best policy for all jobs, or that it should be a default policy without further examination.   I'm judging this based on time spent working in call centers when I was younger and going to school. I was in workforce development at the place I have in mind, so part of my job was tracking productivity. They tried so hard to screen for marijuana, but still failed pretty hard, but ended up with so many people who were addicted to opiates and/or using meth.  Ideally, the perfect work force would be totally drug free, have no medical or mental health conditions, and all have experience and intelligence. But in a metro area that ranks in the bottom 10 for educational achievement, and where $10-12 an hour is considered good pay, that's not what they're going to get."}
{"_id": "252604", "title": "", "text": "you think people like trump are taking advantage of an oversight?  the game is rigged.  people like him put these laws into place using their influence and connections in government to the detriment of everyone else.  or is that part of the game too?"}
{"_id": "252624", "title": "", "text": "\"I don't think that qualifies as a \"\"letter of intent\"\". It is more of an introduction.   A very expensive lawyer once told me \"\"What is the point of a letter of intent? To negotiate a deal? Why enter an agreement to try and enter into an agreement?\"\"\""}
{"_id": "252629", "title": "", "text": "&gt; accessing all atms fee free, having services available 24/7, having robust, safe and audited online services, and having a big enough bank that all major third party tools interface with it.   You just described my single state credit union I've been with for 19 years now, and not the big bank I was with before (Wells Fargo)."}
{"_id": "252648", "title": "", "text": "Basically you don't pay your taxes then the state says you can't do shit with you property (most often if not only real estate). You can't sell it until your taxes are paid or some other arrangements is made so that the gvmnt gets their take from the sale. Keep it long enough and the property eventually becomes property of the government."}
{"_id": "252653", "title": "", "text": "\"I switched to the buy side, here is some things you should do.  First of all, you already had 6 interviews.  I would say the HR people are going to be less helpful because its harder to differentiate yourself.  If you are talking to an investment portfolio, and they ask you any of type of...  What are you interested in? How did you get into this space?  You better have multiple stock pitches lined up.  For example, on the the first question  I'm interested in IM because I was exposed at an early age by my parents.  Although I didn't know what I was doing, I kept following (STOCK 1, you're first crack in the doorway).  *more about your background stuff*  In fact, STOCK 1 turned out to be one of my best/worst trades.  I thought it was going here and it went there due to this and that and etc...*more info about stock 1*  Now, I like to look at names such as STOCK 2-5 because they are show (this multiple or that yield or these moats, depending on who you are talking to).  That is how you get a job through an informational interview.    As for how you get an informational interview?  Go run through linkedin.  Sort for investment management.  Any person you have a 2nd degree network or Group network is fair game.  Just shoot your common friend an email (hey whats up, i saw you were friends with X, i'm really interested in his company can you put me in touch).  Although the end person may never respond, the connection is like almost guaranteed to help (assuming you're a nice friendly person).  Recruiting for IM is a full time job.  Even other industries as well.  My roommate graduated Haas Business Undergrad program (top 3 in the country) in TWO years (not 2 letters and science + 2 business, but 2 total years) at 19 years old, took him a full year of recruiting and paying his own way out to NY to meet people to land an banking job (due to similar circumstances, as he was fully out of school and wasn't in the normal rotation).  What really concerns me is you keep saying \"\"analysis.\"\"  It makes me think that you have no clue what you want to do.  Tell me what analysis means.  If you want to recruit for IM, you better be watching the markets everyday (esp if you are unemployed), have opinions on lots of companies, etc.\""}
{"_id": "252656", "title": "", "text": "\"That's the point that has been routinely missed throughout the entirety of the \"\"uber/lyft is killing NYC taxis debate.\"\" Before uber/lyft even entered the city the number of medallions were being artificially deflated, which caused the cost per medallion to sore, but also caused massive consolidation. Thereby most medallions in the city were owned by people who didn't drive and owned many medallions, thereby essentially acting no different than a technologically impaired Uber while competing in a government sanctioned oligopoly. Uber, for the most part, isn't killing these small time entrepreneurs in NYC, it's disrupting mid size LLCs that were previously without real competition.\""}
{"_id": "252664", "title": "", "text": "So are you saying neither the older generation or our generation (assuming you're under 35) are prepared for actually making decisions and being responsible?  Because couldn't one argue that corporations evolve with the environment around them? The same reason we have things like banks sponsoring gay rights parades. Which, I'm not saying is a bad thing for anything. Just the fact that we've made it acceptable for CEOs to do this stuff in the same way that, all things equal, would never have happened in 1995."}
{"_id": "252671", "title": "", "text": "Yes it would be colluding. Most countries have well defined laws to prevent companies including banks from indulging in such activities."}
{"_id": "252677", "title": "", "text": "In general, lump sum investing will tend to outperform dollar cost averaging because markets tend to increase in value, so investing more money earlier will generally be a better strategy.  The advantage of dollar cost averaging is that it protects you in times when markets are overvalued, or prior to market corrections.   As an extreme example, if you done a lump-sum investment in late 2008 and then suffered through the subsequent market crash, it may have taken you 2-3 years to get back to even.  If you began a dollar cost averaging investment plan in late 2008, it may have only taken you a 6 months to get back to even. Dollar cost averaging can also help to reduce the urge to time the market, which for most investors is definitely a good thing."}
{"_id": "252683", "title": "", "text": "I posted this here because I thought it would get well thought out and intellectual responses, save this for r/politics. Responding to your replies to CuilRunnings, the truth can be simple, sure. But more often than not it is a shade of gray, not a pure, simple black or white, especially in a field as complex as economics. Also, CuilRunnings idea that you should be loyal to objective truth is not diminished if he/she does not follow it; it is still just as valid a point if he follows his own advice or not."}
{"_id": "252690", "title": "", "text": "\"My statement was that \"\"contractors\"\" who \"\"outnumbered troops on the ground\"\" being painted as security contractors was incorrect. That statement, even at it's most conceptual, isn't really accurate in spirit since the vast majority of contractors were Iraqi's working on different projects which had nothing to do with the military element of the occupation and everything to do with nation building or base support.\""}
{"_id": "252691", "title": "", "text": "My point was that we have the safest debt for **right now**. I agree that we can still afford to spend money to fix the economy. The problem is that the spending we have been doing so far isn't doing a whole lot considering what we are investing. We have spent trillions and our GDP growth rate is two thirds what it was over the last 70 years. If we were still at the beginning of the recovery that could be acceptable. But it's been three and a half years now. We are going to need to start getting some bang for our buck to turn this around.  If we are still doing the same thing two years from now, investors may not have faith in the safety of the United States anymore. They will realize we have taken on 30 years of deficits and then taken trillions more to save the economy. If we are still stagnant, the world will start to question how great our economy really is and whether we even deserve the world reserve currency.  So yes I agree that we currently have the safest debt in the world and can try to save our economy through deficit spending. I did off on a tangent, but I think it was a necessary point. We need to make sure that the deficit spending we do from here on in actually creates real value for the economy and gets real GDP growth.   The reason I am sick of the argument is that many people seem to have this idea that the U.S. will always have the reserve currency and the world will always consider it to be the safest debt. We can keep going this way for now, but if we don't back up that claim then sooner or later they won't buy it anymore. I agree with the government spending but we need to spend in areas that are going to generate real GDP growth rather than randomly building projects and hoping for the best.  edit:so in other words, I think I agree with you. I just want to make sure people understand how perilous things can get in the future and we don't all buy into a sense of entitlement that we can spend whatever we want forever."}
{"_id": "252693", "title": "", "text": "\"&gt; Ummm I bet we didn't 'work less'.  I'll take that bet.  \"\"Research studies suggest that hunter-gatherers' work somewhere between 20 and 40 hours a week, on average, depending on just what you count as work. Moreover, they do not work according to the clock; they work when the time is ripe for the work to be done and when they feel like it. There is ample time in hunter-gatherers' lives for leisure activities, including games of many sorts, playful religious ceremonies, making and playing musical instruments, singing, dancing, traveling to other bands to visit friends and relatives, gossiping, and just lying around and relaxing. The life of the typical hunter-gatherer looks a lot like your life and mine when we are on vacation at a camp with friends.\"\"  https://www.psychologytoday.com/blog/freedom-learn/200907/play-makes-us-human-v-why-hunter-gatherers-work-is-play\""}
{"_id": "252716", "title": "", "text": "Sorry, this isn't terribly helpful and I would post this as a comment but I'm new and apparently can't.  Some considerations: 7% seems awfully high.  Check SoFi and see if you can't refinance at a rate low(er) enough rate so that you won't be paying so much interest. How does reinvesting 10k into the company compare to paying off loans?  1.5 years in, you've paid down a lot of interest already... We would need a lot of particulars to give you specific advice, probably more than you're willing to give over the internet.  Who does the financials for you business?  They should be able to give you advice, or at least build the models specific for your situation to help you make a decision."}
{"_id": "252732", "title": "", "text": "Well, you don't exactly see them lookin' to build large hadron collidor type facilities or putting people into space on their own either.  They're a relatively poor and irrelevant country. We're the bastion of world order. Its like asking a polar bear to model itself after a housecat. The most that can be said of them is that they aren't the lowest plancton in the food chain."}
{"_id": "252737", "title": "", "text": "Does this plan make sense mathematically? - No not really.  The housing market can be fairly volatile (depending on your location), and it is really a good market for buying right now.  You're going to make 1 or 2% on your money over the next year and risk paying 10% more for the house (or more).  Even if you had a loan at 5% - that would be 5% of what you still owe, not the full value of the house. Does it make sense in terms of the common rules about paying a mortgage off early? - Yes, though make sure you have at least 80% of the house value so you don't get nailed with PMI (which may have a fixed duration). Is there a better strategy that I am overlooking? - Yes, investigate buying a house now.  I'm not saying rush into it - shop around and find a really good deal.  Get a 15-year mortgage (or less) and put what you're able to down (maybe 80% down).  You can then payoff the mortgage over the next year or two and not have the risk of the volatility of the market raising the prices on houses and you getting less for your money."}
{"_id": "252745", "title": "", "text": "The same argument holds for copyright.  The time to set lord Voldemort free is when the kids who grew up with him are producing their art and literature. 20 years or so. 80 strangles these cultural icons to an early grave."}
{"_id": "252758", "title": "", "text": "You can't blame companies like 'Legal Claimant Services' for making a profit by providing this service. That is capitalism and it is the way of the world.  It is just like any other business you can do yourself - from making dinner to cutting your own grass. If you choose to do it yourself, you save money but you also do the work. When I got my letter telling me about a claim, I automatically went online to do some research. That's how I found this site and information that led me to validate the claim. I then chose to follow a few simple instructions and keep all of the claim instead of giving away 30%."}
{"_id": "252762", "title": "", "text": "\"First I want to be sure Op understands how \"\"Credit Utilization\"\" is scored as this confuses many folks here in the US.  There is no \"\"reward\"\" for charging money or carrying balances, only penalty.  If you have one credit card with a $10,000 limit and owe $8,000  you have an 80% utilization which will signal to banks that you are having financial difficulties.  (Anything over 30% on a single card is usually penalized significantly.)  The ideal utilization is something around 0, which is in the ballpark of the 5% Op mentioned.  Again there is never any direct benefit to your credit of spending a penny on any of your credit cards.*   Banks offer the best rates to people that pay off their balances each month or don't use their cards in the first place.  Why? Despite the system being imperfect in many ways, utilization is a good indicator.  Example: If you have a card with a  $10,000 limit and pay it off every month that speaks to you being a good risk. If you compared this person to the person above, who do you think would be the most likely to pay back a car loan? Finally, Utilization is a small part of the credit score.  I would call it more of a \"\"hurdle\"\" than a factor, at least concerning good rates and approvals.  Most of your credit, is based on length of history, paying on time, and having multiple types of credit. Real life example: I had a relative that had perfect payment history for decades.  They got divorced and started accumulating a balance.  The person got other cards with 0% apr to avoid the interest, but their balance only grew.  -They had to use the card to make ends meet, etc.  (3 kids, single parent)  They ended up filing a sizable bankruptcy a few years later.  This was one of the most responsible people I've ever known.  (Yes that statement will seem far fetched to someone else.  It was almost impossible to get them to file bankruptcy, even though there was no way to ever pay the money back.) The point?  Utilization shows a more 'current' picture than some of the other portions due.  -  Had those banks used the high utilization as a warning sign they would have saved a lot of money.   A 'fun' way of looking at credit: Sometimes I describe credit score as a popularity contest.  If you really 'need' money banks are not going to help you.  However if your credit shows everyone is lining up to loan you money, other banks are going to want in too.  \"\"Banks only make loans to people that don't need them.\"\" *** Spending a lot on Credit Cards does sometimes have the indirect effect of getting balance increases that could have a slight increase in your score.  This happens  less than it did prior to the financial fiasco.  Also the effect of this is on the score negligible unless carrying a balance.  ( And the person carrying a balance also has a lower score anyways.)  Additionally someone charging less could probably get a similar raise if they asked for it.  (Raises vary greatly by issuer.))\""}
{"_id": "252763", "title": "", "text": "Money market funds have usually no limits on redemptions or fees. They're frequently used as an alternative to savings accounts. While technically loss is possible, the investments in these funds are done in short term high grade bonds (read the prospectus). I've never encountered money market underperforming a regular savings account."}
{"_id": "252775", "title": "", "text": "See, the difference is, that I called his argument idiotic. Not him. Ad hominem is exactly, when you attack the person, not the argument.  But I get it. Reddit has decided a long time ago, that Jobs is evil and Apple is evil and all who buy Apple products are Hipster morons who have no idea what technology should look like."}
{"_id": "252778", "title": "", "text": "With robo-advisor services, you don't select which funds you buy or sell. All you do is decide on a risk profile, and when you add or remove funds to your account, they decide what to buy or sell based on that profile.  Each service might decide how to do this differently. Looking at Betterment's case, it looks like they try to do rebalancing when you buy. So if you put a deposit in each month, they'll buy the lower priced funds to rebalance your account to the desired ratio. In a taxable account, Betterment likes to optimize your tax liability when you withdraw, so they sell the funds that have lost money before they sell the ones that have gained."}
{"_id": "252783", "title": "", "text": "Any CEO who goes into political claims about his company and against customers who have different political opinions is an idiot.  And, as we know, many CEOs are idiots.  Why on earth would risk annoying, at least, 50% of the population who voted for Trump?"}
{"_id": "252806", "title": "", "text": "\"Article admits the \"\"subsidies\"\" are tax breaks.  Every business takes deductions to ensure they get taxed on income, not revenue.  These breaks aren't subsidies.  If you want to talk about subsidies, then look at renewables. That $7500 refund a rich Tesla buyer gets from the taxpayers is a subsidy.\""}
{"_id": "252811", "title": "", "text": "One major point she has is that people take out a lot more debt and blow far more money on debt service, mostly on housing, than they did in the past.  Regardless of disputes over political structure, I think that we can all agree on that much."}
{"_id": "252825", "title": "", "text": "I have heard of people on wallstreet taking 'smart drugs' and nootropics to try to excel at their jobs but I was hoping to get a more real sense of how many people honestly take them, not just the hype.  How many of you take 'smart drugs' or nootropics?  Thanks all!"}
{"_id": "252835", "title": "", "text": "The Progress Factory provides the best power bank services. If you are looking for a good power bank for your phone or I pod then progress factor is always best. You can easily collect some outstanding power banks, which are of different type of the power bank. You can easily purchase your required power bank for its store. All the products of this company are high quality and durable in nature and come with the manufacturing warranty."}
{"_id": "252843", "title": "", "text": "FICA taxes are separate from federal and state income taxes. As a sole proprietor you owe all of those.  Additionally, there is a difference with FICA when you are employed vs. self employed.  Typically FICA taxes are actually split between the employer and the employee, so you pay half, they pay half. But when you're self employed, you pay both halves. This is what is commonly referred to as the self employment tax. If you are both employed and self employed as I am, your employer pays their portion of FICA on the income you earn there, and you pay both halves on the income you earn in your business. Edit: As @JoeTaxpayer added in his comment, you can specify an extra amount to be withheld from your pay when you fill out your W-4 form. This is separate from the calculation of how much to withhold based on dependents and such; see line 6 on the linked form. This could allow you to avoid making quarterly estimated payments for your self-employment income. I think this is much easier when your side income is predictable. Personally, I find it easier to come up with a percentage I must keep aside from my side income (for me this is about 35%), and then I immediately set that aside when I get paid. I make my quarterly estimated payments out of that money set aside.  My side income can vary quite a bit though; if I could predict it better I would probably do the extra withholding. Yes, you need to pay taxes for FICA and federal income tax.  I can't say exactly how much you should withhold though. If you have predictable deductions and such, it could be lower than you expect. I'm not a tax professional, and when it comes doing business taxes I go to someone who is. You don't have to do that, but I'm not comfortable offering any detailed advice on how you should proceed there. I mentioned what I do personally as an illustration of how I handle withholding, but I can't say that that's what someone else should do."}
{"_id": "252852", "title": "", "text": "I think you hit the point of the book. People need to stop taking every word in the book literally. Sure it has some bad advice but overall the big picture is that the book is supposed to change the way you think. Its supposed to open your mind to how a rich person should be thinking and get out of what he calls the rat race. His ideas in the book are great and it really has inspired me to be my own employee and achieve my own financial freedom."}
{"_id": "252853", "title": "", "text": "\"Yes, it is common for investors to make equity investments in technology companies pre-IPO.  There are technology incubators like Y Combinator that exist to make \"\"angel\"\" investments, which are early-stage equity investments in private technology companies (these investments are sometimes in notes that are convertible to equity, but are very similar to a stock investment).  Wealthy individuals can also make angel investments (e.g. Peter Thiel made a $500K investment in Facebook in 2004 for 10.2% of the company).  Additionally, venture capital firms exist to make equity investments in private companies.  In the US, you need to be an Accredited Investor to make private equity investments (income greater than $200K or net worth greater than $1 million), but you probably need a lot more money than the minimum and connections to get in on these deals in reality.\""}
{"_id": "252859", "title": "", "text": "Considering I'm putting 30% down and having my father cosign is there   any chance I would be turned down for a loan on a $100k car? According to BankRate, the average credit score needed to buy a new car is 714, but they also show average interest rates at 6.39% for new-car loans to people with credit scores in the 601-660 range. High income certainly helps offset credit score to some extent.  Not every bank/dealership does things the same way. Being self-employed you'd most likely be required to show 2 years of tax returns, and they'd use those as a basis for your income rather than whatever you have made recently. If using a co-signer, their income matters. Another key factor is debt to income ratio, if too much of someone's income is already spoken for by other debts a lender will shy away. So, yes, there's a chance, given all the information we don't know and the variability with lender policies, that you could be turned down for a car loan. How should I go about this? If you're set on pursuing the car loan, just go talk to some lenders. You'll want to shop around for a good rate anyway, so no need to speculate just go find out. Include the dealership as a potential financing option, they can have great rates. Personally, I'd get a much cheaper car. Your insurance premium on a 100k car will be quite high due to your age. You might be rightly confident in your earning potential, but nothing is guaranteed, situations can change wildly in short order. A new car is not a good investment or a value-retaining asset, so why bother going into debt for one if you don't have to? If you buy something in cash now, you could upgrade in a few years without financing if your earning prediction holds and would save quite a bit in car insurance and interest over the years between."}
{"_id": "252894", "title": "", "text": "\"Alright, a few things:  1. The \"\"crisis\"\" is likely a recession type thing. There are arguments to be made for avoiding debt (less \"\"hurt\"\" from a downturn in sales), or for taking on the debt (rack up the sales early, take the hit, then press on). I'm in the latter category; everyone's going to take a hit, not everyone is going to have the inertia from previous rounds to sustain themselves through it.  2. \"\"In that case I might just hold off until before that date...\"\" This only makes sense if you know exactly when it's going to happen. If you don't, then you're making a large gamble. Even if you do, you're sacrificing growth for security.   3. The balance sheet shouldn't have *too* much of an effect. Debt loads will. Debt coverage and interest coverage will.   4. Debt is a tool. It amplifies losses AND gains. A company with a lot of debt and a good sales year will outperform a company with no debt and an excellent sales year. You're in a closed-system of competition. You need to be hyper-aggressive.  5. **\"\"There are only two things a company does: innovation and marketing. The rest are all cost.\"\"**  6. Assuming this is a manufacturing type of company (i.e. Capsim), pay attention to your R&amp;D acutely, max out your marketing budget, and pay close attention to your capacity and production. Read the rules to ensure they make sense, and make a model/spreadsheet if it makes sense. Coordinate with team members rigorously.   7. **Win.**\""}
{"_id": "252901", "title": "", "text": "Mhmm, so it's not cheaper... you might want to shoot an email off to the execs at BK, I think they might be interested in your theory that they aren't going to save money in this merger.   They were dying out there (in the states) and they chose a Canadian rescue boat called Tims. Would it have appeased everyone if the US company just went belly up in the long-run?"}
{"_id": "252914", "title": "", "text": "A few things: time in trade, price maximum move against you during that time, price maximum move for you during that time, Where you got out in relation to maximum of the move (how much of the move did you capture in that trade -- from lowest to highest), what was your risk to return (R) -- return / risk."}
{"_id": "252918", "title": "", "text": "\"Target Date Funds automatically change their diversification balance over time, rebalancing and reassigning new contributions to become progressively more protective of what you've already earned. (As opposed to other funds which continue to maintain the same balance of investments until you explicitly move the money around.) You can certainly make that same evolution manually; we all used to do that before target funds were made available, and many of us still do so. I'm still handling the relative allocations by hand. But I'm also close to my retirement target, so a target fund wouldn't be changing that much more anyway, and since I'm already tracking the curve... Note that if you feel a bit braver, or a bit more cautious, than the \"\"average investor\"\" the target fund was designed for, you can tweak the risk/benefit curve of a Target Date Fund by selecting a fund with a target date a bit later or earlier, respectively, than the date at which you intend to start pulling money back out of the fund.\""}
{"_id": "252922", "title": "", "text": "&gt;If not, why should I subsidize your hobby with my tax dollars?  Well, first off, the roads are more than just hobbies.  They really do go places. A lot of the roads in my area would be unprofitable, and people live down those roads.  What happens when a company decides that road is too expensive to maintain but decides to keep ownership?  The people have to move?    &gt;Not necessarily true. If private corporations can be more efficient than government, it doesn't have to cost more.  It doesn't *have to,* but it's unrealistic to expect that they won't take a profit from it.  but do you really think that if a company has a monopoly, they're going to charge you the bare minimum they can?  If you have no choice but to pay tolls or for driving passes for certain cities, and you can only get them from a single company, what motivation does that company have to keep them affordable and readily available?  They're going to do like any company would and find that point of maximum profitability between cost of permit and number of permits.   Then there's the whole reality that you will STILL pay for roads you don't use.  If one company owns multiple roads, they're going to charge you enough money to expand roads, to fix up other dilapidated roads, etc.  More profitable roads will be used to offset less profitable roads, etc.  Basically, if there's a new neighborhood, and they build a road to it... if you've been paying that company, they're using your money to build that road.  You're not going to pay less for the use of roads, you're going to pay more."}
{"_id": "252923", "title": "", "text": "\"Generally speaking, the \"\"we lose good people if we don't pay more\"\" at organizations where productivity is impossible to measure are usally horsehit.  The actual situation is usually: \"\"The next person I hire won't do both of our jobs if I can't give them a lot of money, if I have to pay them less I will actually have to work\"\".\""}
{"_id": "252942", "title": "", "text": "In addition to evaluating the business (great answer), consider the potential payoff. If bonds pay off in the 5-10% range, the S&P500 has averged 10.5%. You should be expecting a payoff of 15-20% to invest in something riskier than the stock market.  That means that if you invest $10k, then in 5 years you'll need to get out $25K (20% returns over 5 years).   If you get less than this much in 5 years, the risk-to-reward ratio probably rules this out as a good investment."}
{"_id": "252978", "title": "", "text": "Capital One 360. No minimums balance, no fees. Everything's online. Make deposits using an app or an image of the check. ATMs are free almost everywhere."}
{"_id": "252986", "title": "", "text": "snapzsnapz.com is the premier photo booth rental in Fort Worth where you can make your own party pics! snapzsnapz.com offers the highest quality photo booth with modern touch-screen technology and professional lab quality prints in just 12 seconds! Check out http://www.snapzsnapz.com/the-booth/ for further information about their photo booths."}
{"_id": "252998", "title": "", "text": "What's easy? Debt, personal, marketing related finance.   What we look for in hires is simple though - modeling skills (everyone thinks they're better than they actually are) and case analysis (same story). If you can get those two under your belt, and a good school under your name you should be good."}
{"_id": "253005", "title": "", "text": "\"Understand that buying a Starbucks gift card at the grocery store to receive 6% back on your coffee rather than 6% back on your groceries is an exploit of a flaw in the benefits program, not a feature.  It's definitely not a blanket yes or no answer, the only way to find out is to try. Separately, I don't know why you would find this \"\"concerning.\"\"  This will vary greatly between merchants and cards.  There will always be new points churning exploits, they don't last forever and you can't expect every customer service rep to be well versed in methods employed to juice cardmember programs. Hell, a number of years ago one person figured out that he could buy rolls of $1 coins from the US treasury with free shipping and no additional fees.  This guy was literally buying thousands of dollars of cash each month to deposit and pay his credit card bill; completely against the terms of the treasury program for distributing the $1 coins.  A number of people had their cards and points/cash back revoked for that one.\""}
{"_id": "253024", "title": "", "text": "Verify if a local bank offers to participate in different stock markets - big companies like apple or facebook often gets traded on different markets - like Xetra (germany) or SIX (Switzerland). That being said I'd recommend you to rethink this strategy and maybe using some products offered by your bank - for 1000$ you will quickly drown in fees (my bank requires 40$ for every trade. If you buy and sell them you already lost nearly 10% of your investment)"}
{"_id": "253027", "title": "", "text": "\"Chicken or Egg? -----  Demand alone is not enough.   Else famines would never happen, food would just magically appear in response to people's (overwhelming) desire to consume same.  Likewise, Supply alone is insufficient as well: there are plenty of products and services that are produced, but which are unwanted and go unused.  An ECONOMY is just a conceptual aggregate of countless thousands, millions and billions of individual (and often distinct) acts of matching up Supply WITH Demand.  The fundamental error of aggregate-level \"\"economics\"\" is imagining that all of those interactions can be controlled as if they were somehow homogenous when they are everything but.\""}
{"_id": "253028", "title": "", "text": "The investment return for a given strategy is directly proportional to the amount invested. Invest twice as much, profit (or lose) twice as much. It's a straight multiplier. However, there are some strategies which are less risky with a larger investment, and some investments which have a minimum unit of purchase that puts them out of reach of smaller investors."}
{"_id": "253030", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.politico.com/magazine/story/2017/08/07/trump-tpp-deal-withdrawal-trade-effects-215459) reduced by 97%. (I'm a bot) ***** &gt; Trump&amp;#039;s decision to walk away from the TPP has stoked uncertainty about U.S. trade policy and, more notably, the president&amp;#039;s commitment to rural America.  &gt; The county&amp;#039;s residents are grappling with life under a Trump presidency and all its unanswered questions: Will the president&amp;#039;s next tweet about trade send commodity prices crashing? Will Trump ever follow through on his promise to create new opportunities through bilateral trade deals? And, even more pressing: Will the new plant that Prestage is building be able to hire a second shift of workers, helping families who have struggled through the recent agricultural downturn?  &gt; Not only did the remaining TPP countries reaffirm their commitment to retain the benefits of the deal, but Chile and its Latin American trade allies in the Pacific Alliance announced their own efforts to advance regional trade integration by pursuing trade deals with other countries.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s6hxa/trumps_trade_pullout_roils_rural_america_after/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~185408 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Trade**^#1 **U.S.**^#2 **deal**^#3 **export**^#4 **TPP**^#5\""}
{"_id": "253034", "title": "", "text": "It really is confusing.  Buffalo Wild Wings is shitty food for too much money in a setting that's uncomfortable to be in (loud open space with too many TV screens) with horrible service.  Are you supposed to be stupid and want that or are you stupid for not wanting that?"}
{"_id": "253045", "title": "", "text": "Obviously you don't know the full extent of our company, but I'd be forgoing my salary for a year. Is that worth it to get 10%? I mean assuming it becomes a 1 Million Dollar Idea, I'd get 100k while he gets 700k, working the same amount of time. Then i'd get put on salary."}
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{"_id": "253053", "title": "", "text": "He was never good at what he did. He had a lot idiots that would listen though. And that got him swings in the very tiny bio sector. Look at his calls. He was wrong so many times where he was able to pull off a quick trade. He nearly ruined a company saying their drug would never work and crashed their stock. Of course the drug passed approval process the next year.   Let's just wait for his fan boys to bombard here and see how they spin this one!"}
{"_id": "253055", "title": "", "text": "I see way more Chipotles in places like California than I do in Middle America, where humans also have taste buds. Where I live, most Chipotle patrons are obese Latinos or Armenians who, for some unknown reason, aren't spending half the money to eat a far superior burrito a half-mile away in any direction.   I wonder if Mexican food in all of America will eventually be as bad as Thai food in Los Angeles or Mexican/Chinese food in South Dakota."}
{"_id": "253073", "title": "", "text": "Finding a Luxury Property with the Help of G1 Property Mooloolaba is not at all a tough hack to be pulled off as a user friendly interface is provided so that there is a stable and lucid way of communication in between the authority and the clients concerned."}
{"_id": "253075", "title": "", "text": "\"People in the service industry wouldn't have been able to live even nearby which is part of why it was raised. Greedy bastards almost never come off money they don't have to. There's a minimum wage because without it those bastards would pay even less. We'd have no middle class without a minimum. The \"\"free market\"\" is a myth.\""}
{"_id": "253108", "title": "", "text": "Walmart's success is built on the backs of these so called low skill workers. Last time I checked Walmart was making huge profits every quarter so maybe the people who are doing all of the hard work deserve a living wage. Also there are several trained skills Walmart employees have. For example to work in produce and the deli you have to be trained in safe food practices. A Walmart employee also has to have time management skills. Employees are often are assigned multiple tasks in several departments. Also the computer systems must be learned. If I handed you a telzon I doubt you would be able to check to see if an item was in stock and if it wasn't how to order a new one. Also anyone can be a cashier but can anyone be a fast efficient cashier. You are also putting your body at risk especially when you are tasked with unloading trucks or stocking shelves. Several of my ex coworkers have work related injuries the most common are bad knees, backs, and shoulders. In short if every Walmart worker in the nation went on strike Walmart would find it impossible to find enough skilled workers to fill their rolls. Sure they could replace them easily but it would take months for the new employees to learn the necessary skills and while they are learning Walmart would have incredibly long lines and lots of unsatisfied customers.  In an unrelated note please excuse any spelling or formatting errors I am typing this on my phone."}
{"_id": "253131", "title": "", "text": "Wal-mart pays their employees so little, many of the workers need to be on foodstamps, in fact, the store has programs helping their workers apply for foodstamps.  Are you ok with that? The only reason wal-mart gets away with paying them so little is because the government is basically propping them up by paying the employees the missing part of their salary that actually allows them to survive on the shitty pay they give...."}
{"_id": "253135", "title": "", "text": "\"Where can I download all stock symbols of all companies \"\"currently listed\"\" and \"\"delisted\"\" as of today? That's incredibly similar . You can also do it with a Bloomberg terminal but there's no need to pay to do this because he data changes so slowly.\""}
{"_id": "253196", "title": "", "text": "No time for random fights.   I'm busy creating jobssssss.  But snark aside.  How do you fill the gap between what people require to survive and what they actually get.   Clearly it's better for society as a whole that the indigent and poor be taken care of because the alternate is much more costly long term (for profit prison system yea!)  I would posit that you aren't going to do that by raising minimum wage.   It's not the long term course correction that we need.    While you probably have a picture in your mind of me being hard right cheering during Fox news broadcasts that would be incorrect.  I'm still pissed the DNC shafted Sanders during the primaries and we ended up with Trump as a direct result of their arrogance."}
{"_id": "253202", "title": "", "text": "re life insurance Multi-purpose vehicles generally don't work as well as just going with single purpose, well except for the person/company selling them.  'whole life' plans are a great deal for the insurance company and agent, not so much for you. The easiest way to prove this to yourself is to get the difference in price between a simple 'term life' product that would be appropriate to provide for your family in the event you die.  Then get the price for a 'whole life' product with the same benefits, and what it would be worth after say 20 or 30 years. Take the difference you would have to pay, figure what it would be worth if invested conservatively over the same period, figuring in some conservative figure for compound growth such as 6 percent (what you could get from a good long term savings bond or index based mutual fund).   The last time I did this, the pure value of the money alone, without ANY interest was within something like 80 % of the value of the whole life policy.. adding in even a conservative amount of interest turned it into a no brainer. the whole life plan was terrible as in investment vehicle.  I was far far better off using term life and investing the difference."}
{"_id": "253207", "title": "", "text": "Better suited to /r/personalfinance, but your first step should be to find a new job. Don't wait to get canned in 60 days, do it now.  Other than that, don't spend any money you don't need to. You're in a good spot because not everyone has the luxury of knowing 60 days in advance that their position will be eliminated."}
{"_id": "253210", "title": "", "text": "This may not exactly answer your question but, as a small business owner, I would highly recommend having a professional handle your taxes. It is worth the money to have it done correctly rather than doing something wrong and getting audited or worse having penalties assessed and owing more than you thought would be possible. I would recommend this especially if this is how you make your primary income, you can always write it off as a business expense."}
{"_id": "253214", "title": "", "text": "\"Such economical system is the corporatism (well, a fascist poorly designed version).  It is basically a system between free-market and communism, but in practice it is usually located on the far right, beyond conservative capitalism.  -  In corporatism, the state is seen like \"\"an organic body\"\" and the different social classes of citizens and state organizations, as the organs of such body.  It is an planned economy but not egalitarian nor distributional (unlike socialism and communism), also inspired by Marxism.  -  In theory this system should serve to create an equitable and just society, such as socialism and communism, but also libertarian.  And yet it has never been used as originally intended. This variant that has been applied is called \"\"fascist corporatism\"\".  In theory there are many more models that could work, and some aren't authoritarian, but none has been applied.  -  As a curiosity, the book \"\"beyond the brave new world\"\" shows an authoritarian corporatist system taken to the extreme.\""}
{"_id": "253216", "title": "", "text": "BAM set up HBO GO, and they're still using a flash player... had to enable flash in chrome to watch the GOT premier. BAMtech is bad with the front end, which spells disaster with a kids service. Even with all BAMtech resources firing on all pistons to get the service rolling it's gonna be a slow roll out. Let's not forget that Netflix came to fruition because it was easier than pirating. Different market with children, but so many are content with YouTube. I know this is a land grab, but I would be surprised if this pays off in less than five years."}
{"_id": "253224", "title": "", "text": "\"As you do not have any relation to your Uncle, It will be treated as \"\"Gift\"\" to your uncle. He has to pay a Gift Tax on the amount received.  Under the Gift Tax, if the total value of Gifts [including assets like shares etc or Immovable assets like land / house etc] exceeds Rs 50,000/- for a year, all the amount will be taxable at the income tax slab. If your Uncle has no other source of Income, then in the current financial year, the zero percent slab is till Rs 3,00,000. Hence No Tax.\""}
{"_id": "253245", "title": "", "text": "Yes, I saw that. I completely disagree. The entire concept of trickle down economics is that the money is given to the rich and their spending it will trickle down through the economy. How can you not conclude that is anything other than wealth distribution?"}
{"_id": "253246", "title": "", "text": "\"No, having to borrow money does not necessarily mean a company will have a hard time paying the interest on it. Similarly, having to take out a mortgage on a house does not mean a person will not be able to make their mortgage payments. Borrowing money can be a way to spend future money instead of present money (at a cost, of course). A company might not have all that money at the moment, but that in no way implies they won't have it in the future. And as you allude to in your question where you talk about \"\"funding some \u2026 plans\"\", a company might be able to grow itself\u2014possibly increasing future profits\u2014by borrowing money.\""}
{"_id": "253267", "title": "", "text": "I mean...Sure, tomatoes are fairly constant, but there is always innovation in supply chain, farming technology, etc. I'm not an expert in the grocery industry, but I would bet that there are many innovations to be made in organic, sustainable farming.  These are all reliant on a thriving grocery market. If there was a total monopoly there would be no incentive to improve how our groceries are produced or delivered."}
{"_id": "253268", "title": "", "text": "There will quickly come a time when buying to rebalance is impractical. Consider, you save 10%, and at some point, you have 5x your income saved. (you earn $50K and have accumulated $250K). A simple allocation, 50/50, so $125K stock, $125K bonds. Now, in a year the market is up much over 4%, your $5K deposit will not be enough to balance. Earlier on, the method may work just fine, later on, not so much. Edit - The above is an example, to show that there will come a time when deposits are not enough to rebalance. The above single year produces a 52/48 split, and the rebalance deposits more than 2 years. If the market continues to rise a reasonable amount, 2 years later you are even more out of balance, perhaps 56/44.  I chose reasonable numbers as a starting point, just 5X income saved, and a 10% annual deposit. In the end, you can waive off any divergence from your target. That's your choice."}
{"_id": "253280", "title": "", "text": "If you start measuring deficits as a percentage of GDP, by the time a President actually signs off on a budget, the Dems are far better at managing to reduce deficits than Republicans.  If however you count the deficits commonly left to Presidents in their first year, the dems are only moderately better at reducing deficits."}
{"_id": "253300", "title": "", "text": "I was with you until you started talking about the state doing this. How about we repeal some of the regulations you cited, and we allow more competition. The natural monopoly bullshit is exactly that. Before the governments started granting monopolies, there were multiple electric companies in each major city. This is EXACTLY what is need in telcos. Lift the monopolies and let people compete. If the government lays the fiber, they will almost certainly grant a monopoly ( do you remember AT&amp;T )."}
{"_id": "253304", "title": "", "text": "\"It's called extracting consumer surplus. Basically I have a bunch of movie goers (who have paid a lot for their tickets). Some of them don't like popcorn, and some do. Of the people in the latter group, there are some who are willing to pay a lot for it. That's partly because I have a select group (rich movie goers) and partly because some of these people would be willing to pay more for popcorn with a movie than without. If I were just selling \"\"popcorn,\"\" I'd have to charge a competitive price. But I'm really selling movies, which have more than covered my costs (rent, heat, etc.) So my costs of selling popcorn are less than that of a non-movie popcorn seller, and I don't really \"\"need\"\" to sell it. Ironically, it means that I can \"\"take my chances\"\" and sell a relatively small amount at a high price, thereby maximizing my UNIT profit. I don't mind having people NOT buy popcorn because I've already made my profit from them with the movie. From the point of view of the consumer, most consumers see popcorn as an \"\"afterthought.\"\" They will seldom  think, \"\"I can buy popcorn $2.00 cheaper at Theater A than Theater B, and there's a 20 percent chance that I will want to buy popcorn, so Theater A is 40 cents ($2.00*.20) cheaper than Theater B.\"\" Instead, most make the decision to buy the popcorn after they've arrived at Theater B, because it as \"\"impulse item.\"\"  And even if they do the \"\"40 cents\"\" calculation, Theater B might be selected because other factors (convenience, location, etc.) outweigh the 40 cent extra cost of popcorn (purchased \"\"sometimes\"\"). Put another way, the cost of popcorn is (usually) heavily discounted because of its \"\"remoteness\"\" to other facets of the decision.\""}
{"_id": "253309", "title": "", "text": "One thing that really russles my jimmies is bullshit statistics spewed by the lazy.    &gt; ...without permanent employment for three years, which, according to a recent analysis by economists from the Federal Reserve Bank of San Francisco, means the chance of her finding work this month or next month or in five months is slim.   * So we're quoting banking economists on matters of employment standards?    &gt; On the flipside, just one out of 10 long-term unemployed people will find a job in a given month, the study shows.   * They did it again.    &gt; \u201cIf you look at people who have been unemployed for a year, they had the bad job prospects in the first place   * And again    &gt; We have huge numbers of unemployed and a slow rate of hiring...   * Finally, a light seems to be dimming.    &gt; On average, unemployed people in the 55-plus age group are ...according to recent data from the Bureau of Labor Statistics.   * Oh dear, fell back on old statistical data again.  Well, that helps the article to write itself."}
{"_id": "253310", "title": "", "text": "No, you and some of us wouldn't.  Most would though. Delivery(food) drivers, couriers, most, if not all, people on deadlines.  Until recharge time is as brief as refuel time it will be a deal-breaker for most drivers.  EDIT: Downvote is disagree button.......got it!"}
{"_id": "253317", "title": "", "text": "My first thought is: email? Are you sure it is legitimate? Verify everything. Assuming it is legitimate:"}
{"_id": "253319", "title": "", "text": "Banks consider investment mortgages (and any mortgage where you don't live in the property), as a riskier investment than an owner occupied, home collateral mortgage. The sources of increased risk range from concerns that you will screw up as a landlord, your tenants will destroy the place, you won't have tenants and can't afford to pay the bank, and/or you'll take out several other investment mortgages and over extend yourself. All of these risks are compounded by the fact that it is harder for the bank to convince you to pay when they can't put you out on the street if you default. Banks lend and invest in money, not real estate, so they would much rather have a paying loan than a foreclosed house, especially with the modern foreclosure glut. The increased risk means the bank will charge higher interest for the loan, may require a higher downpayment, and will require higher lending standards before issuing the loan. A new housing investor can get around these higher prices by living in the home for a few years before renting it out (though your lender could possibly require you to renegotiate the loan if you move out too soon)."}
{"_id": "253339", "title": "", "text": "Aside from the market implications Victor and JB King mention, another possible reason is the dividends they pay. Usually, the dividends a company pays are dependent on the profit the company made. if a company makes less profit, the dividends turn out smaller. This might incite unrest among the shareholders, because this means that they get paid less dividends, which makes that share more likely to be sold, and thus for the price to fall."}
{"_id": "253341", "title": "", "text": "The amount that a UBI would be would be set by those same rich who control everything. They have never been benevolent, and they never will be. It would be an absolute pittance, and the vast majority of all wealth would still be in their hands."}
{"_id": "253357", "title": "", "text": "I'll extend an olive branch here and concede that we have a lot more luxuries which is why we have more to work and pay for. But my point is we could have more or less the same amount of stuff by working 3 days a week.   I've heard that millenials are less materialistic than previous generations, so it will be interesting to see the effects of that.   Also, we need to take into account that AI likely will replace a large amount of jobs in the future as well. Maybe it will be even more plausible for most people to only work 3 days a week on average."}
{"_id": "253359", "title": "", "text": "In its most basic form, the losing trade, made by the bank\u2019s chief investment office in London, was an intricate position that included a bullish bet on an index of investment-grade corporate debt. That was later combined with a bearish wager on high-yield securities.  http://dealbook.nytimes.com/2012/06/28/jpmorgan-trading-loss-may-reach-9-billion/"}
{"_id": "253369", "title": "", "text": "\"The key phrase in your post is that the options are \"\"in a good position now\"\".  They may be worthless in three months or a year.   If I was you I would cash in the options and pay off the debt.  Cash in enough to also cover taxes.  You may want to cash them all in.\""}
{"_id": "253373", "title": "", "text": "What is my best course of action, trying to minimize future debt? Minimizing expenses is the best thing you can do. The first step to financial independence is making do with less. Assuming I receive this $3500, am I better off using the bulk to pay off my credit cards, or should I keep as much cash available as I can? This would depend on the interest rate that is associated with the credit cards and the $3500. If the $3500 has a higher interest rate than your credit cards, then do not use any of it to pay your credit cards. Paying back the money you borrow hurts but it's the interest rate that does you in. If the interest rate for the $3500 is lower than the credit card interest, then placing some of it on the credit cards may be a wise course of action. But this depends on how long you are out of work. If you could be out of work for an extended period of time, I would recommend holding on to all of the funds. Note on saving I know this goes against the grain, but I would actually not recommend saving several months worth of funds (maybe one month though). Most employers offer some type of retirement savings account (401(k), Thrift Savings Plan, etc.). I contribute 5% to this fund instead of putting the money in savings. This is an especially effective strategy if your employer offers matching contributions such as mine. Because the divedends for a savings account are so low, it is not a wise place to store your money in the long run. If I had placed my Thrift Savings Plan contributions in a standard savings account, I would now be $12,000 poorer. In addition to this, most long term investment accounts allow you to withdraw the money early in case of emergency, such as being without work. (I also find it too temping to have huge amounts of funds on hand)."}
{"_id": "253374", "title": "", "text": "\"Despite Buffett's nearly perfect consistent advice over the past few decades, they don't reflect his earliest days.  His modern philosophy seemed to solidify in the 1970s. You can see that Buffett's earliest days grew faster, at 29.5 % for those partners willing to take on leverage with Buffett, than the last half century, at 19.7%. Not only is Buffett limited by size, as its quite difficult to squeeze one half trillion USD into sub-billion USD investments, but the economy thus market is far different than it was before the 1980s.  He would have to acquire at least 500 billion USD companies outright, and there simply aren't that many available that satisfy all of his modern conditions. The market is much different now than it was when he first started at Graham-Newman because before the 1960s, the economy thus market would collapse and rebound about every few years.  This sort of variance can actually help a value investor because a true value investor will abandon investments when valuations are high and go all in when valuations are low.  The most extreme example was when he tried to as quietly as possible buy up an insurance company selling for something like a P/E of 1 during one of the collapses.  These kinds of opportunities are seldom available anymore, not even during the 2009 collapse. As he became larger, those investments became off limits because it simply wasn't worth his time to find such a high returner if it's only a bare fraction of his wealth.  Also, he started to deviate from Benjamin Graham's methods and started to incorporate Philip Fisher's. By the 1970s, his investment philosophy was more or less cemented.  He tried to balance Graham's avarice for price with Fisher's for value. All of the commentary that special tax dodges or cheap financing are central to his returns are false.  They contributed, but they are ancillary. As one can see by comparing the limited vs general partners, leverage helps enormously, but this is still a tangent. Buffett has undoubtedly built his wealth from the nature of his investments.  The exact blueprint can be constructed by reading every word he has published and any quotes he has not disavowed.  Simply, he buys the highest quality companies in terms of risk-adjusted growth at the best available prices.  Quantitatively, it is a simple strategy to replicate.  NFLX was selling very cheaply during the mid-2000s, WDC sells frequently at low valuations, up and coming retailers frequently sell at low valuations, etc. The key to Buffett's method is emotional control and removing the mental block that price equals value; price is cost, value is revenue, and that concept is the hardest for most to imbibe.  Quoting from the first link: One sidelight here: it is extraordinary to me that the idea of buying dollar bills for 40 cents takes immediately to people or it doesn't take at all. It's like an inoculation. If it doesn't grab a person right away, I find that you can talk to him for years and show him records, and it doesn't make any difference. They just don't seem able to grasp the concept, simple as it is. A fellow like Rick Guerin, who had no formal education in business, understands immediately the value approach to investing and he's applying it five minutes later. I've never seen anyone who became a gradual convert over a ten-year period to this approach. It doesn't seem to be a matter of IQ or academic training. It's instant recognition, or it is nothing. and I'm convinced that there is much inefficiency in the market. These Graham-and-Doddsville investors have successfully exploited gaps between price and value. When the price of a stock can be influenced by a \"\"herd\"\" on Wall Street with prices set at the margin by the most emotional person, or the greediest person, or the most depressed person, it is hard to argue that the market always prices rationally. In fact, market prices are frequently nonsensical. and finally  Success in investing doesn\u2019t correlate with I.Q. once you\u2019re above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing. There is almost no information on any who has helped Buffett internally or even managed Berkshire's investments aside from Louis Simpson. It is unlikely that Buffett has allowed anyone to manage much of Berkshire's investments considering the consistent stream of commentary from him claiming that he nearly does nothing except read annual reports all day to the extent that he may have neglected his family to some degree and that listening to others will more likely hurt performance than help with the most striking example being his father's recommendation that he not open a hedge fund after retiring from Graham-Newman because he believed the market was topping, and he absolutely idolized his father.\""}
{"_id": "253385", "title": "", "text": "\"&gt;&gt; Boy, you are so disappointed that Trump cut the debt more than any other president in this short time... because \"\"it not enough\"\"?  &gt; What are you talking about? Did you read what I said at all or are you just projecting your insecurity?  Yes I read what you wrote, including the example with the cookies.  But the correct example here and what's happening with Trump, is that he DID enact fiscal changes, he DOES fight corruption and waste, he does invest, and you can ALREADY see the results.\""}
{"_id": "253391", "title": "", "text": "401(k) contributions are pre-tax dollars, but at the cost of locking the money up.  So you wouldn't have to pay taxes on it, but the funds wouldn't be available either."}
{"_id": "253392", "title": "", "text": "\"You did not answer my question: Where's my advocate in the negotiations? Why should I believe the negotiators have my best interests at heart?  What's the point of negotiating a treaty that doesn't have the people's interests at heart?  You can't just say \"\"The US Gov is doing it and they have the US Citizens interest at heart\"\"--the whole point of the US Constitution is that citizens of the USA do not trust people in positions of power, and want to make sure those people's interests are aligned with the interests of the population without needing to believe in their benevolence.  Every US publicly traded company, for example, holds their shareholders and executives interests far above those of their employees.  So giving the companies I mentioned the ability to \"\"work deals with those jobs on the table\"\" doesn't sound like it is much of a benefit to those (far greater in number) employees.  Do those people get a chance to affect policy decisions too?\""}
{"_id": "253401", "title": "", "text": "That's a common misconception about capitalism. Capitalism, as defined in works of free market scholarship, says those who earn the most money through voluntary exchange (not through deceit or force), have the most merit, and this is correct.  The problem we have is that the standards against deceit and force have ceased to be effective.  Someone needs to create and offer the goods and services we all take for granted. Without the profit motive, there would be no reason to risk starting a new venture.   Government can't do it, because that's been tried, and that always leads to severe shortages and mass starvation."}
{"_id": "253402", "title": "", "text": "This comes back to the money deal. You have to pay people and pay for supplies (jet fuel is expensive, quite literally each airlines highest expense is fuel). Government paying for flights would be met with stiff resistance. Carrying it out would be difficult. People have to go to airports, park cars somewhere, how many planes are we diverting to help with evac? How many people are we diverting? How many flight plans have to change? Other routes may experience issues. There is so much planning that goes into this. It would be a nightmare to do in the short term."}
{"_id": "253445", "title": "", "text": "&gt; Have you made the effort to even look?   Actually yes, I did. I came up empty. The only things that come up are biased propaganda blogs. Wow, you're really holding onto this misconception with all your might aren't you?"}
{"_id": "253448", "title": "", "text": "&gt; Taxation is theft.  Using society-financed infrastructure without paying taxes is theft. If you don't like it, then feel free to leave the country. Just don't take anything that you got as a result of those society-financed resources, otherwise you're a thief."}
{"_id": "253449", "title": "", "text": "I don't know much about Amit Mehrotra individually, or much about Deutsche Bank's equity research division. I was just trying to point out that the source of this information is a corporation that does not have stock in the debate between Amazon, WalMart, and the Trucking Companies, and is a company that doesn't really have an interest in this debate as a whole, because Deutsche Bank isn't involved in the US consumer products market, the US shipping market, or the US trucking market. It is secondhand knowledge at best, and secondhand knowledge from a totally disinterested party at that."}
{"_id": "253450", "title": "", "text": "How are any of us actually supposed know the difference when he's making a light hearted joke, and when he's being serious?  When it's *comical?* Because none of the 'jokes' he's made have been funny. It sound more like a convenient way for him &amp; his administration to disavow any responsibility for what he says, when it turns out to be ridiculous."}
{"_id": "253456", "title": "", "text": "If you are worried that it will hamper your business in any away, then you can choose mortgage marketing tools to deal with the situation. If you decide to implement all these things for your business improvement, you need a tool for quick and better mortgage management. Use Unify\u2019s CRM for mortgage software and let it make your task easy."}
{"_id": "253489", "title": "", "text": "There is no benefit in life insurance as such (ie, death insurance.) There is a great deal of value in other types though: total and permanent disability insurance, trauma insurance (a lump sum for a major medical event), and income protection insurance (cover against a temporary but disabling medical condition).  If you don't have that, you should get it right now. This is about the most important insurance you can carry.  Being unable to work for the rest of your life has a far larger impact than having, say, your car stolen. ...  If, later on, you acquire dependents, and you feel you ought to have life insurance, then you will have a relationship with a life insurance company, and maybe they will let you upgrade from income/TPD to income/TPD/life without too much fuss or requalification.  Some do; whether yours would I don't know.  But at least you have a toe in the door with them, in a way that is infinitely more immediately useful than getting life insurance that you don't actually need."}
{"_id": "253492", "title": "", "text": "The idea is that the premiums (or costs) associated with the plan are a business expense, you know that already.  The distinction here is that employees don't pay premiums, they elect to contribute. The company sponsors a plan, the employees then choose to accept less salary in order to participate in the employer's plan.  The idea is that you're foregoing income. Why is the employee not taxed on this cost?  One major reason is that the employee has no say in, and often no idea, what the gross costs are (some find out if they ever receive COBRA election paperwork). There are more benefits than strict healthcare that are Section 125 eligible.  The government has a vested interest in keeping the population healthy, and when the ERISA laws and Section 125 were written it was (and still is) a pretty low friction way to get health insurance out to more people.  At this point, taking away the tax break from the employees would be a huge government take away from most of the population.  Try to get a politician to take something away from taxpayers. Why doesn't the deduction exist in kind to people buying individual coverage?  Ask your legislators.  There are thousands of preferential tax treatment oddities, where some industry will get some sort of benefit or break.  I'm not sure what leads you to think there needs to be some supremely logical reason for this oddity to exit."}
{"_id": "253525", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cato.org/blog/labors-share-gdp-wrong-answers-wrong-question) reduced by 93%. (I'm a bot) ***** &gt; Labor&amp;#039;s share of the CBO&amp;#039;s broadly-defined household income also fell because the share devoted to transfers rose, but also because the share moved from corporate to household accounts also rose.  &gt; Business income counted within CBO&amp;#039;s household income has increased its share of such income since the Tax Reform Act of 1986, but that just reflects a change in organizational form from C-Corporation to pass-through status.  &gt; Labor&amp;#039;s share of personal income fell mainly because the share devoted to government transfer payments rose.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/79ph4o/labors_share_of_gdp_wrong_answers_to_a_wrong/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~237805 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **income**^#1 **Share**^#2 **Labor**^#3 **GDP**^#4 **capital**^#5\""}
{"_id": "253530", "title": "", "text": "You can hire a builder to build for you on a lot that you would be happy to live on with utilities already connected. Subdividing a large piece of land gets a little more complicated. What easements exist, and what new easements would need to be created when connecting utilities? Would all of the lots already have street access, or do you need to dedicate some of the land to building a new road in the subdivision? Also, I edited your post because 83,000sqft is 1.9 acres. Building homes on .19 acre parcels (assuming no need for a road to take another 15% of the lot) reduces the value of the homes that you are building. You should run the numbers with 6 houses and see how attractive the math looks. Also, you should look for updated numbers on cost to build. Custom homes are likely closer to $275-$350 (where an architect is involved with drawing the plans)."}
{"_id": "253535", "title": "", "text": "Urban doesn't have their own logo though does it? Or do you mean you can just tell when a kid is wearing an outfit straight off the rack from that store?  I kinda dig some of their stuff but I do agree that it can get over the top."}
{"_id": "253541", "title": "", "text": "I think we should re-think about paying taxes. If they don't have to pay income tax. It is just one way: to minimize the revenue and maximize their expense. As you know, profit (or loss) = revenue - expense. If they want to reduce their income tax. They have to do this. We can't say anything about the income tax that G.E must pay. They maybe have some rights to encourage their business by being decreased some kinds of taxes. It's very normal. If you have some knowledge about tax and accounting, audits, You will have a clearly point about it! I'm not native speaker. I might not understand your tax rules. But they have all general standards all over the world. If I use wrongly grammar or misunderstanding, pls forgive me. Thank you!"}
{"_id": "253545", "title": "", "text": "If your SIMPLE IRA is over two years old then you can roll your money to another qualified account such as a rollover IRA. The usual rollover rules apply. You have 60 days to deposit the funds in another qualified account and you are only allowed one such rollover in a 12 month window. If you are still within two years of opening your SIMPLE IRA, you can roll your funds to a SIMPLE IRA with another vendor, but you would then have to wait until that account is two years old before rolling it elsewhere. If you roll the money another type of IRA before your SIMPLE IRA account is two-years old, and under 59 1/2 years old, you will be subject to a 25% penalty (which is much higher than for other types of accounts). Many of the early distribution exceptions apply such as disability, etc. Edit: The first document linked above covers rules for running a SIMPLE IRA. All the specific regulations linked in the second document apply to all IRAs of all types. There is no specific prohibition from rolling only a portion of the money to another qualified account. There are prohibitions against rolling money more than one time in a 12 month period. The usual obstacle to rolling money from a retirement account--like a 401(k)--is that the 401(k) plan is written to prohibit withdrawals while the employee is still employed at the company."}
{"_id": "253552", "title": "", "text": "\"First of all, the numbers you give are most probably nowhere near the total expenses you have/need to budget:  Maybe you should have a look at the expenses you had over the last years (look at how much money came in and how much went to the savings and compare this expenses to the sum of all the expenses you have on your list of expenses as plausibility check. Just starting on some numbers you give and assuming the house is the main goal.  House of 300 - 500 k\u20ac, assuming downpayment of 30 - 40 %, i.e. somewhere between 90 and 200 k\u20ac. I'll go on calculating with 150 k\u20ac which would be 50 % of 300 k\u20ac or 30 % of 500 k\u20ac. You want to be there in 8 - 15 a: this means saving 10 - 19 k\u20ac per year. 19 k\u20ac/a is clearly impossible with 20 k\u20ac net wage.  10 k\u20ac with 20 k\u20ac net wage means a savings quote of 50 %, so for each \u20ac you spend, one goes towards the house. This is doable in the sense that if you continue with 4 k\u20ac/a for rent plus a Harz 4 (= 400 \u20ac/month) style of life, that would put you to 9 k\u20ac expenses/a, thus 1 k\u20ac saving for unexpected disaster (I'd actually first get a couple of k\u20ac together for such things, and then go as much as possible towards the house). Still, this is not the life style the rest of your goals sounds like.  (You can update this somewhat with the expected income of your girlfriend/wife. But remember that she needs food and clothes as well and you assume she'll need a car of her own) Let me rephrase the savings goal of 150 k\u20ac: you'd try to save 3 times the median German household equity within 8 to 15 years. This should tell you that it is a very steep proposition. On the other hand, e.g. Slowakians manage to have a median household equity of ca 60 k\u20ac out of a median income that is roughly half the median income in Germany. So again it is somehow possible, but it will be really tough to live a life style like a Slowakian or Harz 4ler between peers that spend roughly everything (good approximation as we're talking about savings rates\u00a0above 50 % of net income) they earn.   I think the \"\"easiest\"\" way to get your savings going is to postpone lifestyle upgrades.  On the other hand, around Waldeck, 150 k\u20ac would buy you a complete new house of the same size that costs 300 - 500 k\u20ac around Darmstadt. So if you really want to go for the house, I'd recommend not only to save as hard as you can*, but also to look out for possibilities to relocate to a cheaper area. 8 - 15 years should be enough time to decide what area you'd like and then to look for an opportunity without too much pressure. And actually this should be enough time so that also your girlfriend/wife could get herself transferred to another Bundesland. * In reality saving as hard as possible will probably get you nowhere near 150 k\u20ac (there are very few people who manage to do this - though they exist), but if you get to 75 k\u20ac that would mean a reasonably good position for both starting negotiations with the bank about buying a 150 k\u20ac house plus the corresponding payment of the mortgage. If you get there within less than 15 years that would also leave some air in case you change opinion with regard to kids and then leaves a reasonable amount of time to put together your pension.  Consider your psychology about saving towards the house. Even if both of you know that you want it really hard, it may be good to enter a building savings contract (15 years should be reasonable for that way) which will enforce you to keep up the savings rate and also does not allow you to divert money for other purposes. However, I'd say that 6 months into the first job it may be a bit early to fix such savings rates. Maybe for the beginning a savings account that includes some hassle to get the money out again (set low limit and allow any outgoing money to go only to another account of yours) with an automatic savings deposit every month is a way how to safely determine the savings rate you can manage. Maybe you can use this to first put together your new emergency savings which should be first priority anyways.  If you want to cut expenses in order to save, look at the recommendations for people who try to get out of debt: budget your expenses, cook yourself and enjoy this (maybe taking a cooking class together with your girlfriend is a lot of fun, leads to food that may even be more to your taste than restaurant stuff - and is much cheaper), keep book, pay in cash (not by card) and so on.  If you're not a DIY person, try whether you could enjoy becoming one - no magic involved there.  I guess the most important point is to find out how much you want the house and then how hard you are willing to save. This is something only you and your girlfriend can decide (together!).  IMHO you really don't need to invest (unless you drop the house plan), you need to save towards your goals. You may decide to invest a small part of the money while saving in order to learn slowly how that works, but if the house goal is already kind of fixed in time, you don't want to find yourself in the situation that you have to get out of investments at a bad time in order to be able to buy the house. Even if you consider 15 years long enough to do some investing now and then get out some time during the next 15 years, you don't have any money to invest now. Later, the risk posed by the fixed point in time when you need the money is too large: Considering the rather steep saving propositions, the marginal costs of having less money are really large. This means you don't want to go for risky investments => plain old saving is what you need. Consider also that low house prices tend to come during economic crisis (people cannot pay mortgage and have to sell) so within the time window, you want to have your money for anticyclic buying if possible.\""}
{"_id": "253556", "title": "", "text": "I've seen these headlines for the past year and have heard people saying this. It may be true but they always conveniently leave out that it only applies to the Fresca menu which is priced in line with other cantina places like chipotle and salsaritas."}
{"_id": "253563", "title": "", "text": "\"In addition to all the points made in other answers, in some jurisdictions (including the UK where I live) the consumer credit laws require the lender to allow the borrower to pay off the loan at any time. If the lender charges interest and the borrower pays off the loan early then the lender loses the interest that would have been paid during the rest of the loan period. However if the actual interest is baked into the sale price of an item and the loan to pay for it is nominally \"\"0%\"\" then the borrower still pays all the interest even if they pay off the loan immediately. If you think this game is being played then you can ask for a \"\"cash discount\"\" (or similar wording: I once had problems with a car salesman who thought I meant a suitcase full of used \u00a320s), meaning you want to avoid paying the interest as you are not taking a loan.\""}
{"_id": "253565", "title": "", "text": "This is great news.  EVs are growing so fast.  Their reduced fuel and maintenance costs will be a great boon to the economy.  I wouldn't be surprising to see EVs take a significant share of the auto market in the coming years (they were ~1% in 2016).  Innovation drives economic growth.  It's also good for the environment (the electricity used is much cleaner than gasoline/diesel) and electrical grid (increased demand that's potentially responsive to system load helps finance smart grid improvements)."}
{"_id": "253574", "title": "", "text": "&gt; Please provide specifics how and when all of these things will help the economy.  Why won't you give specifics on how and when all these things will NOT help the economy. Please!  &gt; spoiler alert: they won't, at least not a positive one  Please spoil it for me and tell me how removing illegal aliens does not help the economy.  Please tell me how NAFTA helped the USA economy.  Please tell me how TPP will help the USA economy.  **Please tell me why the stock market is going up, if Trump is ruining the economy.**"}
{"_id": "253587", "title": "", "text": "Well people get excited all the time and try everything they can to get on the train that they think it will make them millioner, no matter what the consequences are. It is a natural things. thats why we do have laws.   If the people who were in charge of making sure that the right people get the right amount of loan, even with all the excitement, none of those sub-prime loans would be issued and we wouldn't have this problem. So if you ask me I would say fraud caused free cheap money flooding the system, which increased the prices rapidly, created more excitements, which again caused more fraud, until the point that there were no money!"}
{"_id": "253596", "title": "", "text": "\"As others have said, if the dealer accepted payment and signed over ownership of the vehicle, that's a completed transaction. While there may or may not be a \"\"cooling-off period\"\" in your local laws, those protect the purchaser, not (as far as I know) the seller. The auto dealer could have avoided this by selling for a fixed price. Instead, they chose to negotiate every sale. Having done so, it's entirely their responsibility to check that they are happy with their final agreement. Failing to do so is going to cost someone their commission on the sale, but that's not the buyer's responsibility. They certainly wouldn't let you off the hook if the final price was higher than you had previously agreed to. He who lives by the fine print shall die by the fine print. This is one of the reasons there is huge turnover in auto sales staff; few of them are really good at the job. If you want to be kind to the guy you could give him the chance to sell you something else. Or perhaps even offer him a $100 tip. But assuming the description is correct, and assuming local law doesn't say otherwise (if in any doubt, ask a lawyer!!!), I don't think you have any remaining obligation toward them On the other hand, depending on how they react to this statement, you might want to avoid their service department, just in case someone is unreasonably stupid and tries to make up the difference that was.\""}
{"_id": "253603", "title": "", "text": "Wasn't a bailout, it was a stick up. GSEs have paid back $130 billion over the original loan amount (which was around $180 b iirc). Gov't took them over under false pretenses, and implemented the net worth sweep under even falser pretenses."}
{"_id": "253606", "title": "", "text": "&gt;The internet tells you so much about a person these days.  The internet will tell you that I'm a brilliant OS/X programmer, and have been very successful in that endeavor. I'm sure I could score a job based on that alone.  Except that's *not me*. That's some other guy with my name. I'm a developer, too, but I'm not *that* developer - I've fooled around with OS/X a *tiny* bit, but not at the professional level.  I'm not really *on* the internet under my real name, because I don't feel like splattering every trivial detail of my life all over the 'net. So I'll stick to the resume, thanks."}
{"_id": "253607", "title": "", "text": "This whole article sounds like it was paid off by cable and internet providers. Don\u2019t get me wrong these web companies definitely need to be hammered down on specially after what happened this past election.  However this article is trying to make a point that getting rid of net neutrality is the right thing to do. Net neutrality is the rule that prevents cable/internet companies to charge you more for access to certain websites than others, in a similar way they do with television today. The same cable/internet companies that lobbied and won the right to sell your browsing history the same way these web companies do.  And if we talk about monopolies we should also be looking at AT&amp;T, Comcast, Verizon and various other companies that have a strong hold on today\u2019s consumers."}
{"_id": "253613", "title": "", "text": "I've noticed that some stores have the rubber bumpers around the PIN pad, so that part is better at least.   Speaking of the NRF, they're [not a fan of PCI compliance either](http://www.csoonline.com/article/3091820/data-breach/the-national-retail-federation-is-dead-wrong-about-pci.html), which mainly came into being because merchants will give the minimum amount of shit legally/contractually possible about security."}
{"_id": "253614", "title": "", "text": "\"Liquid cash (emergency, rainy day fund) should be safe from a loss in value.  Mutual funds don't give you this, especially stock funds.  You can find \"\"high yield\"\" savings accounts that are now at around .8% to .9% APY which is much better than .05% and will hopefully go up.  Barclays US and American Express are two big banks that normally have the highest rates. Most/all Savings and Money Market accounts should be FDIC insured.  Mutual funds are not, though the investment IRA, etc. holding them may be.\""}
{"_id": "253653", "title": "", "text": "&gt; With a $2.2B investment in a massive, gleaming structure almost twice as tall as the next biggest casino tower, plus exclusive restaurants, Revel seemed to have all the ingredients to cater to the high money Vegas crowd.  So Facebook could have built 8 high-end casino resorts for the price of WhatsApp?"}
{"_id": "253675", "title": "", "text": "I guess I meant shitty in that we the people are losing money due to an overly complex and loophole riddled tax code.   I certainly am agreeing with you about the waste of spending so much money blowing people up and spying on citizens."}
{"_id": "253692", "title": "", "text": "I've done it in smaller forms (I'm not OP) in video games.  Particularly a video game called Call of Duty: Black Ops. There's a zombie mode in this game.  Each time you shoot a zombie, you get 10 points pet bullet, 30 points per headshot.   The zombies come in levels, with level 1 having 10 zombies. And each new level having more zombies.  The kicker: with each new level, the zombies get stronger, and take more bullets to kill.   Level 1, everyone starts with a handgun; this handgun becomes useless in later levels and you're required to buy better weapons with better firepower and more bullets.   It's competitive while also being co-operative, like capitalism.  There have been plenty of games where I let other players do the work for the first 10 levels.   Almost all of those times, I end up never getting to their level and I'm always dying. (If you die, you don't respawn until the next round AND you lose some of your points, which means less bucks to get a better weapon).   This creates a system where the rich get richer, and those that start late, never catch up.  No matter how hard I work, what strategy I try, I never catch up to the levels of fiscal wealth that the other players do.   And this is me actually knowing how to play and game the system (which usually involves not-spending points early in-game, and upgrading only in intervals according to level-needs and saving up for when you die).   If I had more time and patience, it would make a great documentation."}
{"_id": "253696", "title": "", "text": "Ethnic-Rack great Festival Sale Offers Oct 7th 2017- Oct 22nd 2017. Diwali Offers Deals, Sale, Discounts &amp; Online Shopping offers on wide range of products on women clothing such as Lehengas, sarees etc with Free Shipping. For more details: https://www.ethnic-rack.com/lehenga-choli"}
{"_id": "253697", "title": "", "text": "It appears that co-signing does impact your debt-to-income ratio, at least in the US.  An article on Kiplinger says: An article on Forbes agrees saying: There is a similar question here."}
{"_id": "253700", "title": "", "text": "That's not what is happening here. The companies are focusing on retained earnings, which are on their books on a global basis.   Robbing Peter to pay Paul would be true if the money was funneled from one company to another, to the complete exclusion of shareholders. That kind of behavior has been seen too and that too is unethical and deemed illegal in most jurisdictions. In those maneuvers, management transfers money from shareholders to their own pockets. Stock options issued by tech companies is a good example, though the behavior was far more rampant before they had to declare diluted earnings.  The solution is to have a populace much more involved in its country's politics, far lower taxes and a strong streak of independence, libertarians like Ron Paul or Gary Johnson ;)   In the current structure of apathy and ignorance, it is the cunning and the sociopaths who rise to the top."}
{"_id": "253702", "title": "", "text": "Hi guys, have a question from my uni finance course but I\u2019m unsure how to treat the initial loan (as a bond, or a bill or other, and what the face value of the loan is).  I\u2019ll post the question below, any help is appreciated.  \u201cHi guys, I have a difficult university finance question that\u2019s really been stressing me out....  \u201cThe amount borrowed is $300 million and the term of the debt credit facility is six years from today  The facility requires minimum loan repayments of $9 million in each financial year except for the first year.  The nominal rate for this form of debt is 5%. This intestest rate is compounded monthly and is fixed from the date the facility was initiated.  Assume that a debt repayment of $10 million is payed on 31 August 2018 and $9million on April 30 2019. Following on monthly repayments of $9 million at the end of each month from May 31 2019 to June 30 2021.  Given this information determine the outstanding value of the debt credit facility on the maturity date.\u201d  Can anyone help me out with the answer? I\u2019ve been wracking my brain trying to decide if I treat it as a bond or a bill.\u201d  Thanks in advance,"}
{"_id": "253705", "title": "", "text": "\"US based so I don't know how closely this translates to the UK, but generally speaking there are three things that contribute to a strong credit score. Length/volume of credit history. This is a combination of how many accounts appear in your history along with how long they have been open.  Having a series of accounts that were maintained in good standing looks better than only having one.  Maintaining an account in good standing for a prolonged period (3+ years) is better than a bunch of short term items.  \"\"Ideally\"\" your credit history should contain a mix of term loans that were paid per contract and a few (1?) revolving account that shows ongoing use.  The goal is to show that you can handle ongoing obligations responsibly, and manage multiple things at the same time. Utilization. Or how much you currently owe vs how much people have agreed to lend you.  Being close to your limits raises questions about whether or not you can really handle the additional debt.  Having large availability raises questions about whether you would be able to handle it if you suddenly maxed things out.  Finding the correct middle point can be challenging, the numbers I have seen thrown around most by the \"\"experts\"\" is 20-30% utilization. Recent Activity. Or how much new debt have you taken on?  If someone is opening lots of new accounts it raises red flags.  Shopping around for a deal on a auto loan or mortgage before settling on one is fine.  Opening 5 new credit lines in the past 6 months, probably going to knock you down a bit.  One of the concerns here is have you had the accounts long enough to demonstrate that you will be able to handle them in the long term. One route that was suggested to me in my early years was to go take out a 6mo loan from a bank, and just place the money in a CD while I made the payments.  Then repeat with a longer term.  Worst case, you can cash out the CD to pay off the loan in an emergency, but otherwise it helps show the type of history they are looking for. All that said, I have to agree with Pete B's answer.  Don't play the credit game if you don't really need to.  Or play it just enough to stay in the game and plan your finances to avoid relying on it.  (Advice I wish I had taken long ago.)\""}
{"_id": "253711", "title": "", "text": "Depending on the Price of the ETF and the hedging you may well simply be guaranteed to make a small loss."}
{"_id": "253731", "title": "", "text": "&gt; I work in strategic finance for a major tech company in Silicon Valley.  That would explain why you're such a self-absorbed douche.  LOL.  I can't take you seriously anymore.  You probably take it up the ass too and wear pink sunglasses.  Fucking reject.  Stay out there in CA.  You're a giant joke.  I'm blocking you so I don't have to see your responses.  You're a pathetic child and you know it."}
{"_id": "253735", "title": "", "text": "Here is an article that claims to know something about it. Here are a selection of quotes: The IRS says there are several ways a return can be selected for audit and the first is via the agency's computer-scoring system known as Discriminant Information Function, or DIF. The IRS evaluates tax returns based on IRS formulas, and DIF is based on deductions, credits and exemptions with norms for taxpayers in each of the income brackets. The actual scoring formula to determine which tax returns are most likely to be in error is a closely guarded secret. But Nath, a tax attorney in the Washington, D.C., area, says it's no mystery the system is designed to screen for returns that could put more money in the government Treasury. So what is likely to trigger a discriminant information function red flag?"}
{"_id": "253743", "title": "", "text": "\"&gt; That, and the fact that being a \"\"desirable job\"\" (in the form of \"\"playing with gadgets\"\") there is an apparently endless supply of applicants...  I've seen a similar dynamic in the video game design industry, which has a tendency for treating skilled and dedicated employees like complete dogshit.\""}
{"_id": "253755", "title": "", "text": "I'll try just about anything generic.  I haven't had the best luck with off-brand coffee, though. One thing to check side-by-side is the ingredient list.  My wife is sensitive to some ingredients so that plays into what we buy.  Sometimes the generic brand has ingredients that she can have, but the name brand doesn't."}
{"_id": "253767", "title": "", "text": "Our founding fathers were not stupid enough to use empty land on a map to claim how great the president is based off sq miles under control of a party. Trump got the minority votes and won. That's what matters not empty land."}
{"_id": "253778", "title": "", "text": "So a significant portion of that money went to the financial clusterfuck he inherited.  But in an effort of make sure we don't get ourselves back into that mess, he initiated Dodd-Frank.  What are your thoughts on the current administration's effort to reverse it?"}
{"_id": "253789", "title": "", "text": "When I put it on the credit card, I haven't paid for the product or service yet.  If there is a dispute, then I have the upper hand because the cash is still in my pocket."}
{"_id": "253791", "title": "", "text": "Okay but still three people at $12/hr is $16 more per hour than one person at $20/hr. And if anything paying taxes and benefits for one employee is cheaper than doing so for three. I still don't see how u/NEVERDOUBTED asserts that the three at $12/hr cost less. Where's the math, man???"}
{"_id": "253803", "title": "", "text": "I'd open the Roth IRA account and fund for 2015 and 2016. For the very long term, I'd learn about index funds, specifically a low cost S&P mutual fund or ETF."}
{"_id": "253810", "title": "", "text": "Exactly. There's not unlimited points out there. Classic innovation cycle where at the end the returns are ultimately directly correlated to capital and it is not particularly profitable for most market participants.   Incidentally, never understood why retail investors care about HFT. IF they squeeze a few basis points out of you getting in and out of a position, it's still way less than what brokers are taking you for. And if you're wearing it for years, should be basically noise relative to the overall performance."}
{"_id": "253817", "title": "", "text": "\"By issuing additional equity. In this case, the pie isn't \"\"fixed,\"\" it's getting bigger. Now, to avoid lawsuits and other potential issues (some of which may be unavoidable), the owner will likely need to subscribe for additional equity himself.  Example:  100 shares outstanding. 51 to owner, 49 to 2 others.  That 49 will have to equal 20%, as none of their shares are being sold (likely). This means total shares will need to be increased to 245.  Subtract 49 from that number: 196  Marcus gets half of that at a determined price. 98  Owner must increase his stake from 51 to 98 shares. To do so, he'll need to contribute additional cash for the same price Marcus gets in on. That could be expensive.\""}
{"_id": "253819", "title": "", "text": "I currently have a T-Mobile and Verizon phone.  Dropped calls are a much bigger issue with T-Mobile than Verizon.  However, the Verizon line is significantly more expensive.    The other big variance is customer service: T-Mobile's never seems to want to help; about 1 in 4 calls to them is pleasant.  However, Verizon's is a bit better.  I know Verizon has a terrible rep about customer service, but I haven't had a terrible time (maybe I'm just lucky)."}
{"_id": "253844", "title": "", "text": "I think he's talking about having a psychological investment in your dream. A truly devoted and obsessive leader will only be thinking about moving forward, not trying to work on getting out.   I don't think it's a fair thing to expect, however. I think a lot of prudent leaders will want to know how to exit gracefully. That doesn't mean they can't be risk takers, but they're smart."}
{"_id": "253847", "title": "", "text": "While most all Canadian brokers allow us access to all the US stocks, the reverse is not true.  But some US brokers DO allow trading on foreign exchanges. (e.g. Interactive Brokers at which I have an account).  You have to look and be prepared to switch brokers.  Americans cannot use Canadian brokers (and vice versa). Trading of shares happens where-ever two people get together - hence the pink sheets.  These work well for Americans who want to buy-sell foreign stocks using USD without the hassle of FX conversions.  You get the same economic exposure as if the actual stock were bought.   But the exchanges are barely policed, and liquidity can dry up, and FX moves are not necessarily arbitraged away by 'the market'.  You don't have the same safety as ADRs because there is no bank holding any stash of 'actual' stocks to backstop those traded on the pink sheets."}
{"_id": "253866", "title": "", "text": "Your math shows that you bought an 'at the money' option for .35 and when the stock is $1 above the strike, your $35 (options trade as a contract for 100 shares) is now worth $100. You knew this, just spelling it out for future readers.  1 - Yes 2 - An execute/sell may not be nesesary, the ooption will have time value right until expiration, and most ofter the bid/ask will favor selling the option. You should ask the broker what the margin requirement is for an execute/sell. Keep in mind this usually cannot be done on line, if I recall, when I wanted to execute, it was a (n expensive) manual order. 3 - I think I answered in (2), but in general they are not identical, the bid/ask on options can get crazy. Just look at some thinly traded strikes and you'll see what I mean."}
{"_id": "253878", "title": "", "text": "Its less about retail investors and more about the large institutions. Harvard's endowment for example, is held in trust. So is the endowment for every university, charity, and foundation.   In terms of retail investors its probably much less than 50%. Its just that the massive amount of wealth in the wealthiest people tips the balance drastically.   The top 20 wealthiest people in the world have ALL of their assets in trust. They probably dont have much personal ownership in anything and they hold more money than almost everyone else combined."}
{"_id": "253880", "title": "", "text": "\"I would advise against \"\"wasting\"\" this rare opportunity on mundane things, like by paying off debts or buying toys - You can always pay those from your wages. Plus, you'll inevitably accumulate new debts over time, so debt repayment is an ongoing concern. This large pile of cash allows you to do things you can't ordinarily do, so use the opportunity to invest. Buy a house, then rent it out. Rent an apartment for yourself. The house rent will pay most (maybe all) of the mortgage, plus the mortgage interest is tax-deductible, so you get a lower tax bill. And houses appreciate over time, so that's an added bonus. When you get married, and start a family, you'll have a house ready for you, partially paid off with other people's money.\""}
{"_id": "253881", "title": "", "text": "you *can* get the guys in india for pennies on the dollar, but then you get what you pay for. I was told on upwork that I didn't get picked because I was too expensive, but then he went on to say that their proposals are usually garbage and wanted to pay me a little to look them over and make sure they weren't full of shit.  Upwork should be called UpOffShoring.  wtf?"}
{"_id": "253898", "title": "", "text": "That depends on your bank. My credit union clears intra-account transfers immediately. The delay therefore is based on bank policy. It is possible that in the system the accounts are not really linked and so it treats transfers between accounts that you own and accounts between people the same. And further in the case of your bank that they decided to have s one day hold. I believe that'll have heard some banks advertise that you can electronically transfer money to another account holder at the same bank in just 15 min.  I would also make sure that you are selecting immediate transfer instead of a future date transfer. Mine has those as two different options and if you select the other, you just select the date of action to be at least one in the future."}
{"_id": "253907", "title": "", "text": "Zero positive feedback (except my performance review), cold attitude (friendly with others), regularly does not invite me, and only me, to meetings that affect me, etc.  Outside of work, makes it really uncomfortable to talk to him, but is great to everyone else.  It seems more personal than professional, and he just comes off as cold to only myself.  I really just want to bring this up to make work more pleasant; it's not really a 'hostile work environment'."}
{"_id": "253912", "title": "", "text": "I believe that it's largely irrational, fueled largely by foreign investors that are afraid to invest anywhere else. There are a few people out there right now who are writing about this: http://www.marketwatch.com/story/us-treasuries-largest-bubble-in-world-history-says-nia-2011-08-30 http://articles.businessinsider.com/2010-08-25/markets/30080511_1_fed-first-yields-mbs As to why would you invest in long-dated versus short? Probably to chase yield. The 30 year yields 30x more than the 1 year. It's also easier to buy on the long end if you believe that the economy will remain slow for another decade or two and therefore the central banks will keep rates low for a very long time. Of course, at the moment, long-dated treasury prices are artificially high because of operation twist."}
{"_id": "253921", "title": "", "text": "\"America is a really fucked up place. When I was a small child, we were told horror stories about the workers in Japan. They couldn't take vacations, because if they did, they'd find someone else in their job when they got back. They had to work super long hours, and spend 90 minutes commuting each way, on a train packed tight with people.  America has taken a leaf from Japan's 1970s playbook: Allow employers to give employees no paid vacation time at all, and employment \"\"at will\"\" where an employer can march someone off the premises for any reason. Make workers do 60 hour weeks while paying them for a 40 hour salary. Reduce effective incomes by inflation over decades, and smaller wage increases.  Americans have forgotten that you work to live, *you don't live to work*.\""}
{"_id": "253926", "title": "", "text": "\"The dow jones is an index of 30 stocks that's weighted based on the price per share of these stocks. To calculate the DJIA, the sum of the prices of all 30 stocks is divided by a divisor, the Dow Divisor. The divisor is adjusted in case of stock splits, spinoffs or similar structural changes, to ensure that such events do not in themselves alter the numerical value of the DJIA.  Prices are the result of supply and demand. Demand is defined as simply as \"\"I want this badly enough to pay cash for it\"\", \"\"supply is \"\"I own this and don't want to own it, therefore I'll sell it\"\"  When investors go about deciding they'd like to buy some stock from people who own it and are wanting to sell it, a market is generated and a price both are willing to sell/buy at is found. If the price is too high/low, you won't sell or buy. The price has to be \"\"right\"\" based on your own personal valuation.   Since these trades are done through an exchange and are so common, literally millions of shares are traded per day, you get the best price available at that moment for your shares. If person A is only willing to give you 100 dollars and person B is willing to give you 100.01, screw person A. I'm selling shares to person B.  When this done on a macro-level (millions of shares traded per day) the exchanges will track and make public the \"\"price movement\"\" of what the market is willing to give for each and every publicly traded stock.  TLDR: SUPPLY AND DEMAND. DOW USES THEIR OWN METHODS.\""}
{"_id": "253945", "title": "", "text": "We all buy stuff from time to time that only satisfies us for a short time. I was able to locate a few expenses that fall under that category. I see a lot answers that focus on not getting these things. I'm going to tell you how to at least attempt to have your cake and eat it too. If you can get these things without paying for them, or by paying pennies on the dollar for them, you'll no longer want to buy them at full price. Begin by making a list of the items you can't stop thinking about.  Go to your local library and look for relevant items that are on your list. If they are not yet available, request that the library purchase them, and reserve them for when the items come in.  Yes, libraries are usually tax-supported, but to give back, if you can't afford to contribute to the Library immediately, you can still promote their fund-raising or book/media-drive efforts. If you don't mind buying things that may be second hand, thrift stores and garage or yard sales can have anything. The ones near you may have one or two items on your list of things you were looking for - for pennies on the dollar.  Other items might be things you can share with friends. Borrow or swap things until you get bored of them. If you don't have a network of friends with shared interests, there may be a local freecycle or relevant meetup group you can join.  The key here is to try to contribute more than you take (and you probably have things you don't need that you can start with trading), and don't keep careful score. The upshot is you'll not only save money but make friends while doing it. You can sometimes have your cake and eat it too. These recommendations can get you the short-term happiness you were looking for, without spending the money. And when the happiness is gone, you won't feel like you need to hang on to the item indefinitely - you can pass it on for others to enjoy."}
{"_id": "253959", "title": "", "text": "I don't think its just artificially increased wages. Its also the fact that the people at the top are siphoning off more and more of the pie.  There is only so much to go around and as the top 1% pulls more and more of it off, it leaves less for the rest."}
{"_id": "253960", "title": "", "text": "Long-term bonds -- any bonds, really -- can be risky for two main reasons:  return on principal, or return of principal.  The former is a problem if interest rates are low (which they are now in the US) because existing bonds will fall in price if interest rates rise.  The second is a problem if the lender defaults: IOU nothing. No investment is riskless.  Short-term bonds command a lower interest rate than long-term bonds (usually) because of their quicker maturity, but short-term bonds carry risk just like long-term bonds (though the interest rate risk is lower, sometimes quite a bit lower, than for long-term bonds)."}
{"_id": "253970", "title": "", "text": "Getting the right diversity of investments helps buffer you from some of the short term market swings. If you need advice it's worth spending a small part of that money on a consultation with a financial adviser, who can talk to you about your goals, your time horizon, and your risk tolerance and recommend a good starting distribution. (Free advice from brokers risks being biased by their commissions.) Once you have that plan, uou need to decide how to execute it. Low-fee index funds are a good way to get started until you learn more, and for many of us that's all we ever need. Then you need to decide whether to invest it all at once or dollar-cost average. I've heard arguments both ways; DCA does mean you risk missing some immmediate gains, but also reduces your risk of buying at a temporary high and taking some immediate losses. For me DCA seemed to make sense, but that's another decision for you to make."}
{"_id": "253971", "title": "", "text": "The way it is handled with ETF's is that someone has to gather a block of units and redeem them with the fund. So, with the mutual fund you redeem your unit directly with the fund, always, you never sell to another player. With the ETF - its the opposite, you sell to another player. Once a player has a large chunk of units - he can go to the fund and redeem them. These are very specific players (investment banks), not individual investors."}
{"_id": "253982", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://thenextrecession.wordpress.com/2017/06/23/europes-crisis-the-cluj-debate-with-mark-blyth/) reduced by 97%. (I'm a bot) ***** &gt; If profits are the result of the exploitation of labour power and not merely the result of the distribution of production between wages and profits, then it is profits that matters for capital, not wages.  &gt; Rising profit margins show capital is making bigger profits; but that can still mean overall profitability is falling.  &gt; If the euro crisis and the Great Recession were the product of wage compression and too much credit, then the solution for the EU project may just be better taxation of profits, more wage increases and public spending.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6m5rme/europes_crisis_the_cluj_debate_with_mark_blyth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~162726 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **profit**^#1 **wage**^#2 **capital**^#3 **profitability**^#4 **Euro**^#5\""}
{"_id": "253998", "title": "", "text": "\"&gt; It just has to finish below the strike price of the short (which can be higher than the stock's current price).  You're talking about a put option.   That's one \"\"short\"\" strategy, but it's not shorting a stock, so the terminology is a little jumbled.   There are reasons to not do straight options, because they can be quite risky, and you have to get the time frame correct.\""}
{"_id": "254003", "title": "", "text": "&gt;He stood there for an hour, his flesh burning inside the heated press. When emergency crews finally freed him, his right hand was severed at the wrist  No hands on training.  /r/osha  Jesus these fines are nothing. Let them add another 2 zeros to this and maybe something will actually get done."}
{"_id": "254018", "title": "", "text": "Audating Sites provide the best Offer and Wide Variety of believable Partners. In the world,  people have different tastes and at our website is a wide variety of potential partners to choose from. If you are looking each other for Sex meet in the Australia, then you can get more of registered contacts. Getting your choice and a perfect match for yourself becomes easier. When you are signing up on our website."}
{"_id": "254027", "title": "", "text": "That's why it can't be left for taxpayer to decide. Everyone follows their narrow personal interests, even if that means the downfall of society. That is what governments are for, to watch out for the public interests of society as a whole."}
{"_id": "254046", "title": "", "text": "The economy stinks because the government targets a straight line rate of NGDP growth that is ever diverging from the rate of sustainable economic growth which has been flattening since the 1970s when the cost of energy sustained significant rises in price and never looked back. The only way to make the economy not stink is to find a miraculously cheap energy source that is as cheap as fossil fuels were before the 1970s.  Since the possibility of this is practically zero, the best we can do is make the economy stink less in the long run by intentionally flattening the rate of NGDP growth by gradually pulling back on massive debt spending and tightening loose monetary policies. If we don't do this, we are just setting ourselves up for a future economic correction whose amplitude will not only be bigger than the Great Recession but will also be relatively bigger than the Great Depression."}
{"_id": "254070", "title": "", "text": "Pretty soon southerners proud of their heritage will need to be a protected class.  They didn't choose to be southern.   Their parents inculcated pride in their heritage while they were young.  They didn't choose that either.  They can't help but leak a tear when Dixie plays.  Its just how it is."}
{"_id": "254091", "title": "", "text": "\"Hi, I'm not sure what you're looking for, but I'll assume you are just looking for some distinguishing characteristics of an infra deal.  Infra deals are typically:  - Project financed meaning that a Special Purpose Company (SPC) is established to build and operate the asset. Project finance means that the SPC is quarantined from any party and is backed by the cashflows of the project and not by the balance sheet of some parent entity  - The SPC's cashflows are backed by a lengthy concession agreement (e.g. a government body provides a concession to a private party to operate the infrastructure asset for *say* 30 years). The concession agreement can best be thought of as a form of guarantee provided by the government body. The exact terms of the agreement will vary but something like \"\"you can operate this toll road for 30 years and charge $x per vehicle, indexed at y% p.a.\"\" should give you the idea of what a concession agreement is.   - Because the concession agreement acts a bit like a guarantee over the cashflows of the SPC it makes longer term and higher leveraged financing more plausible. Imagine a national tollroad asset where the AAA-credit rated government body guaranteed 20m cars a year for 30 years with a $5 toll charge. Your tollroad SPC now has $100m of cashflow every year for 30 years which is AAA-credit rated. This should enable you to get competitively priced long term capital and to gear the SPC at much higher rates than non-infra deals.  - At the end of the concession period the SPC hands the asset back to the government completely unencumbered (debt-free)  So in a nutshell, a government body grants a concession to a SPC that guarantees its cashflows over a long term. The SPC is then financed based purely on this guarantee. The SPC then Builds the asset, Operates it and then at the end of the concession period Transfers it back to the government (google Build-Operate-Transfer or BOT for more detail if curious).    There are plenty of other distinguishing characteristics and a truck-load of detail that I have completely skipped/ignored so others may want to jump-in/ridicule me.  Good luck with your interview.  edit: formatting\""}
{"_id": "254093", "title": "", "text": "\"And what evidence do you have for that statement? History tells us to expect a very different outcome.   When factory jobs were initially outsourced to Asia where costs were a fraction of domestic production, the \"\"savings\"\" went directly into the pockets of CEOs. Not only is there little to no evidence that any substantial cost reductions were being passed along to consumers, pricing and [cumulative inflation trends from 1970 - 2010](https://inflationdata.com/Inflation/Inflation/Cumulative_Inflation_by_Decade.asp) consistently increased precisely when the outsourcing of manufacturing/factory jobs was at its height and the differential savings were the greatest.  I highly doubt that anyone is thinking about lowering burger prices as a result of this innovation.\""}
{"_id": "254102", "title": "", "text": "\"Generally speaking you are not allowed to falsely represent models in a material way with a general model release. For example, you can't take a stock photo and put them in an ad that says \"\"I support puppy mills,\"\" making it look as though the model in question holds such a political view.  Sexual misrepresentation is covered under this as well, so this model definitely has a case that her image was misused. (The same would not apply to statements generally not considered sensitive like \"\"Shop at Safeway!\"\" or \"\"Dr. Gavrys gives great smiles!\"\" as long as they do not appear to be quotes from the model.)   Beyond such legal shenanigans, however, a large multinational corporation such as Burger King should really be hiring their own model for an ad campaign such as this, who knows exactly what she is getting into, simply as a matter of responsibility and good taste. It isn't good PR to choose some poor individual and misuse them in a way they find humiliating, since you can certainly find a model who would sign on for such a campaign in good faith.\""}
{"_id": "254106", "title": "", "text": "If you earn money while in the US or from renting your US house - you have to pay taxes to the US on that income. If you become US tax resident - you have to pay US taxes on your worldwide income. Whether or not you're in the US illegally or receiving income while breaking any other law - doesn't matter at all."}
{"_id": "254120", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.fraserinstitute.org/article/ontarios-basic-income-pilot-will-discourage-work-and-encourage-dependency) reduced by 87%. (I'm a bot) ***** &gt; A basic income for the entire population would make many Ontarians, currently ineligible for social assistance, eligible for the basic income transfer.  &gt; Another experimental program in British Columbia and New Brunswick in the 1990s, designed to encourage single parents to transition from dependency on welfare to employment, showed that an income transfer conditional on work can reduce dependency on government.  &gt; While Ontario&amp;#039;s basic income pilot program may shed new light on the issue, it won&amp;#039;t &amp;quot;Help more people in our province get ahead and stay ahead,&amp;quot; as the premier suggests.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o80ch/ontarios_basic_income_pilot_will_discourage_work/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170468 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **income**^#1 **work**^#2 **government**^#3 **transfer**^#4 **Basic**^#5\""}
{"_id": "254151", "title": "", "text": "\"If you receive a 1099-MISC from YouTube, that tells you what they stated to the IRS and leads into most tax preparation software guided interviews or wizards as a topic for you to enter.  Whether or not you have a 1099-MISC, this discussion from the IRS is pertinent to your question. You could probably elect to report the income as a royalty on your copyrighted work of art on Schedule E, but see this note: \"\"In most cases you report royalties in Part I of Schedule E (Form 1040). However, if you ... are in business as a self-employed writer, inventor, artist, etc., report your income and expenses on Schedule C or Schedule C-EZ (Form 1040).\"\" Whether reporting on Schedule E or C is more correct or better for your specific circumstances is beyond the advice you should take from strangers on the internet based on a general question - however, know that there are potentially several paths for you.   Note that this is revenue from a business, so if you paid for equipment or services that are 100% dedicated to your YouTubing (PC, webcam, upgraded broadband, video editing software, vehicle miles to a shoot, props, etc.) then these are a combination of depreciable capital investments and expenses you can report against the income, reducing the taxes you may owe.  If the equipment/services are used for business and personal use, there are further guidelines from the IRS as to estimating the split. These apply whether you report on Sch. E, Sch. C, or Sch C-EZ.    Quote: \"\"Self-Employment Income It is a common misconception that if a taxpayer does not receive a Form 1099-MISC or if the income is under $600 per payer, the income is not taxable. There is no minimum amount that a taxpayer may exclude from gross income. All income earned through the taxpayer\u2019s business, as an independent contractor or from informal side jobs is self-employment income, which is fully taxable and must be reported on Form 1040. Use Form 1040, Schedule C, Profit or Loss from Business, or Form 1040, Schedule C-EZ, Net Profit from Business (Sole Proprietorship) to report income and expenses. Taxpayers will also need to prepare Form 1040 Schedule SE for self-employment taxes if the net profit exceeds $400 for a year. Do not report this income on Form 1040 Line 21 as Other Income. Independent contractors must report all income as taxable, even if it is less than $600. Even if the client does not issue a Form 1099-MISC, the income, whatever the amount, is still reportable by the taxpayer. Fees received for babysitting, housecleaning and lawn cutting are all examples of taxable income, even if each client paid less than $600 for the year. Someone who repairs computers in his or her spare time needs to report all monies earned as self-employment income even if no one person paid more than $600 for repairs.\"\"\""}
{"_id": "254152", "title": "", "text": "First of all, think of anyone you know in your circle locally who may have gotten a mortgage recently.  Ask him, her, or them for a recommendation on what brokers they found helpful and most of all priced competitively. Second of all, you may consider asking a real estate agent.  Note that this is generally discouraged because agents sometimes (and sometimes justifiably) get a bad reputation for doing anything to get themselves the highest commission possible, and so folks want to keep the lender from knowing the agent.  Yet if you have a reputable, trustworthy agent, he or she can point you to a reputable, trustworthy broker who has been quoting your agent's other clients great rates. Third of all, make sure to check out the rates at places you might not expect - for example, any credit unions you or your spouse might have access to.  Credit unions often offer very competitive rates and fees.  After you have 2-3 brokers lined up, visit them all within a short amount of time (edit courtesy of the below comments, which show that 2 weeks has been quoted but that it may be less).  The reason to visit them close together is that in the pre-approval process you will be getting your credit hard pulled, which means that your score will be dinged a bit.  Visiting them all close together tells the bureaus to count all the hits as one new potential credit line instead of a couple or several, and so your score gets dinged less. Ask about rates, fees (they are required by law to give you what is called a Good Faith Estimate of their final fees), if pre-payment of the loan is allowed (required to re-finance or for paying off early), alternative schedules (such as bi-weekly or what a 20 year mortgage rate might be), the amortization schedule for your preferred loan, and ask for references from past clients. Pick a broker not only who has the best rates but also who appears able to be responsive if you need something quickly in order to close on a great deal."}
{"_id": "254158", "title": "", "text": "The LLC will file its own business taxes which may or may not have business level income and expenses.  At the end, the LLC will issue Schedule K-1 tax forms to the members, that based on their percentage ownership, will reflect the percentage share of the income/losses.    From an individual standpoint, the members need only worry about the K-1 form they receive.  This has quite a few pass-through categories from the LLC, but the Income/Loss may be the only used one.  The individual will likely include the K-1 by filing a Schedule-E along with their 1040 form.  The 1040 Schedule-E has some ability to deduct expenses as an individual. Generally it's best not to commingle expenses.  Additional schedule-E expense reporting is generally for non-reimbursed, but related business expenses.  If a member paid certain fees for the LLC, it is better for the LLC to reimburse him and then deduct the expense properly.  Schedule-E is on a non-LLC, personal level."}
{"_id": "254181", "title": "", "text": "Lol, im in charge of the risk management. I bet you are one of those students who think they will revolutionize the market by reading books, and 0 experience in the market, I hope you wake up from your arrogance and lean from people with actual experience in it."}
{"_id": "254195", "title": "", "text": "I disagree, he clearly states that women will recieve equal pay and treatment for equal work. There is no discrimination there.  He states that if a female employee is causing drama then they are not being an effective, productive employee. I'm sure that if he had a male employee doing the same he'd handle it equally. I see no sexism there, I just think you were trying to bash his character out of him not having the same views as you on a certain subject."}
{"_id": "254196", "title": "", "text": "When the first gas cars were made 100 years ago, they were toys for the rich  You can't go from zero to cheap mass market instantly  It's not a conspiracy, it's the nature of the business  The only way to introduce a new product like an electric car is to target the buyer who is not primarily concerned with cost  Later, as experience is gained, costs will come down  I remember the first CD recorder  It cost $15,000 and the disks were $30 each  Now, you can get a CD/DVD recorder for $30"}
{"_id": "254199", "title": "", "text": "I disagree with Dumbcoder's response. Setting up a DD is not easily approved by the banks as you must prove a existing business cash flow. And secondly you cannot empty someone's account via DD as they are protected by the DD mandate. (Money goes out, complaint is made, money goes back in, the registered business with the DD facility has some serious explaining to do to the bank and FCA). Dumbcoder you likely work in a middle position of a company.."}
{"_id": "254203", "title": "", "text": "That's odd. The Panera Bread restaurant has had this for at least two years with great success. It even saves your recent orders so you can quickly reorder (very convenient!)  At this Panera you can use either. It makes very short lines!"}
{"_id": "254206", "title": "", "text": "Yes, there are checks and balances.  Employers can be, and have been, prosecuted for failing to pay super before the statutory timeline, which is three months from the pay date. However, it is still in your interests to check for yourself.  The most common point for missing super to be discovered is when the company goes broke, at which point it's too late for you.  What you should do is  Check on your payslips that the right amount is allocated to super.  It should be 9% of gross, plus any salary sacrifice or additional component. Check your super fund's half-yearly statements line up the deductions given on your payslip. Consider getting online access to your super account so you can check more quickly. If something is missing, call your super fund and/or payroll office. Resources:"}
{"_id": "254217", "title": "", "text": "But to transfer all the wealth coming into my city from DOD projects to go directly into companies that no longer have work to do since they are not doing the DOD project.............That is less work and more welfare. Our society isn't really set up for that."}
{"_id": "254230", "title": "", "text": "The issue with trading stocks vs. mutual funds (or ETFs) is all about risk. You trade Microsoft you now have a Stock Risk in your portfolio. It drops 5% you are down 5%. Instead if you want to buy Tech and you buy QQQ if MSFT fell 5% the QQQs would not be as impacted to the downside. So if you want to trade a mutual fund, but you want to be able to put in stop sell orders trade ETFs instead.   Considering mutual funds it is better to say Invest vs. Trade.  Since all fund families have different rules and once you sell (if you sell it early) you will pay a fee and will not be able to invest in that same fund for x number of days (30, 60...)"}
{"_id": "254236", "title": "", "text": "A line of credit is a poor substitute for an emergency fund.   Banks typically have a clause that allows them to stop further withdrawals from your line of credit if there is a change of vaguely defined type.   For example, if you lose your job they can stop you from making withdrawals from your line-of-credit."}
{"_id": "254245", "title": "", "text": "What's the present value of using the payment plan? In all common sense the present value of a loan is the value that you can pay in the present to avoid taking a loan, which in this case is the lump sum payment of $2495.  That rather supposes the question is a trick, providing irrelevant information about the stock market. However, if some strange interpretation is required which ignores the lump sum and wants to know how much you need in the present to pay the loan while being able to make 8% on the stock market that can be done. I will initially assume that since the lender's APR works out about 9.6% per month that the 8% from the stock market is also per month, but will also calculate for 8% annual effective and an 8% annual nominal rate. The calculation If you have $x in hand (present value) and it is exactly enough to take the loan while investing in the stock market, the value in successive months is $x plus the market return less the loan payment.  In the third month the loan is paid down so the balance is zero. I.e. So the present value of using the payment plan while investing is $2569.37. You would need $2569.37 to cover the loan while investing, which is more than the $2495 lump sum payment requires.  Therefore, it would be advisable to make the lump sum payment because it is less expensive: If you have $2569.37 in hand it would be best to pay the lump sum and invest the remaining $74.37 in the stock market.  Otherwise you invest $2569.37 (initially), pay the loan and end up with $0 in three months. One might ask, what rate of return would the stock market need to yield to make it worth taking the loan? The APR proposed by the loan can be calculated.   The present value of a loan is equal to the sum of the payments discounted to present value.  I.e. with  \u2234 by induction  So by comparing the $2495 lump sum payment with $997 over 3 x monthly instalments the interest rate implied by the loan can be found. Solving for r If you could obtain 9.64431% per month on the stock market the $x cash in hand required would be calculated by This is equal to the lump sum payment, so the calculated interest is comparable to the stock market rate of return.  If you could gain more than 9.64431% per month on the stock market it would be better to invest and take the loan. Recurrence Form Solving the recurrence form shows the calculation is equivalent to the loan formula, e.g. becomes v[m + 1] = (1 + y) v[m] - p where v[0] = pv where In the final month v[final] = 0, i.e. when m = 3 Compare with the earlier loan formula: s = (d - d (1 + r)^-n) / r They are exactly equivalent, which is quite interesting, (because it wasn't immediately obvious to me that what the lender charges is the mirror opposite of what you gain by investing). The present value can be now be calculated using the formula. Still assuming the 8% stock market return is per month. If the stock market yield is 8% per annum effective rate and if it is given as a nominal annual yield, 8% compounded monthly"}
{"_id": "254253", "title": "", "text": "&gt;Aren't Saabs kind of notorious for problems?  FTFY  And yes.  I work with engineers.  There's one guy who likes Saabs.  He spends his weekends keeping whatever Saab he has now usable.  Whether it is a gauge problem or a leaking trunk or whatever.  The rest of us just smile and shake our heads.  He's been driving around his in-laws' K-car for a month now and after so many years dealing with Saabs he actually really likes it."}
{"_id": "254257", "title": "", "text": "You could get a Multi-Currency Cash Passport which has no transaction fees for deposits or withdrawals. (You can pick one up at Australia Post.)  This allows you to load it with money now in US dollars. The exchange rate is locked in at the time you load it to the card. When you're in the USA, just use that card or get the cash out from an ATM so you can deposit it into a US bank. To see the exchange rate they charge, you can scroll to the very bottom of their Fees and Limits page at there's a nice little table you can compare with. Otherwise, they've got a calculator tool."}
{"_id": "254271", "title": "", "text": "\"Penny stocks are for the real gambler.  Don't even think about holding them long.  Buy a lot of shares and profit from a penny uptick.  Rake a hundred dollars here and there a few times a week if you can.  Don't fall in love with it.  Trade for profit.  Don't bet the farm.  Only play what you can afford to lose at the Great Casino in the sky (the stock market).  Sure, you will pick some losers, but you are not married to it, you don't have to keep it.  A couple of good winners will erase some loses.  Having lost thousands on the Blue Chips, and feeling I have wasted time waiting for an annual $100 gain on an ETF or mutual if I get lucky, has made me more risk tolerant for these \"\"BAD\"\" investments.  The \"\"GOOD\"\" investments should do so well.\""}
{"_id": "254277", "title": "", "text": "I read the article and agree that it didn't try to fool anyone. My criticism was aimed at the title of the Reddit post. The title leads one to believe that this was some sort of altruistic gift from VW management, when in fact it was a union demand granted by management."}
{"_id": "254279", "title": "", "text": "\"The issues of trading with unsettled funds are usually restricted to cash accounts.  With margin, I've never personally heard of a rule that will catch you in this scenario.  You won't be able to withdraw funds that are tied up in unsettled positions until the positions settle.  You should be able to trade those funds.  I've never heard of a broker charging margin interest on unsettled funds, but that doesn't mean there isn't a broker somewhere that does. Brokers are allowed to impose their own restrictions, however, since margin is basically offering you a line of credit.  You should check to see if your broker has more restrictive rules. I'd guess that you may have heard about restrictions that apply to cash accounts and think they may also apply to margin accounts.  If that's the case and you want to learn more about the rules generally, try searching for these terms: You should be able to find a lot of clear resources on those terms.  Here's one that's current and provides examples: https://www.fidelity.com/learning-center/trading-investing/trading/avoiding-cash-trading-violations On a margin account you avoid these issue because the margin (essentially a loan from your broker) provides a cushion / additional funds that avoid the issues.  It is possible that if you over-extend yourself that you'll get a \"\"margin call,\"\" but that seems to be different than what you're asking and maybe worth a new question if you want to know about that.\""}
{"_id": "254280", "title": "", "text": "\"The instructions do specifically mention them, but not as exclusive plans.  Pension and annuity payments include distributions from 401(k),   403(b), and governmental 457(b) plans. The instructions also mention this: An eligible retirement plan is a governmental plan that is a qualified   trust or a section 403(a), 403(b), or 457(b) plan. 414(h) plans are \"\"qualified\"\" plans. Employee contribution to a 414(h) plan is qualified under 403(b). Report it there and mark it as \"\"Rollover\"\". Talk to a licensed (EA/CPA licensed in your state) professional when in doubt.\""}
{"_id": "254288", "title": "", "text": "Too much of a focus on short term goals. They will do almost anything to maximize the numbers for each quarter at the expense of future quarters. Leadership incentives were not long term. So if I decide not to invest in some future technology or business so my cash is higher this quarter, I get a bigger bonus but also handicap future earnings a few years away"}
{"_id": "254297", "title": "", "text": "\"&gt; Wal-Mart already pays below market wages anyway.  What they pay *is* the market wage by definition.  &gt; They are just treated worse.  In which case, why don't they work for one of those other employers?  &gt; People don't choose to work for Wal-Mart vs other places, it's because Wal-Mart literally shuts down entire small towns mainstreets.  In what way does that force people to work for Wal-Mart? You act like the only way to get a job is to work for them. If you do not like the job that Wal-mart offers you, there is no compulsion to accept it.  &gt; Nothing I'm talking about has anything to do with productivity, which really doesn't apply here. At the retail level, all workers are essentially the same. What, exactly, are they producing? They provide a service.  They are producing the service of retail. Shelves need to be stocked, registers need to be manned, things need to be cleaned, prices need to be adjusted, etc. etc. Employees can be nicer to the customers, or faster at performing tasks, or less likely to make mistakes, or hundreds of other things. Workers are *not* essentially the same - if they were, they would tend to have the same wage.  \"\"Production\"\" does not refer solely to the creation of goods. It refers to anything that results in an increase of *wealth* - in other words, it is any action that produces something of *value* to someone.\""}
{"_id": "254303", "title": "", "text": "You're paying 5.2% 'interest' on the $115K (500 * 12 / 115,000) * 100 but the amount you pay back is not $115K but 75% of the property value at sale. Is that right? A mortgage would have cost about half that rate and the balloon payment would have been fixed - you would pay back $115K at maturity plus you could have sold it whenever you liked As Gnasher729 said, if you consider it to be rent then the situation looks different but the point of buying a house is to avoid paying 'useless' rent, build equity and hopefully make a capital gain I'd speak to a lawyer & possibly an accountant (regarding the numbers)"}
{"_id": "254308", "title": "", "text": "With $18,000,000, I'm pretty sure credit isn't an issue.   This is what I'd do:  1) Buy everything I ever wanted.  2) Go on every vacation I ever dreamed of.  3) Sit on top of the remaining $15,000,000 and look at all the little people."}
{"_id": "254314", "title": "", "text": "Unpaid internships though are the bread and butter of unskilled labour. In many fields, taking in someone who has no skills and nothing really to contribute to the enterprise but would like to work in the field for experience, paying them makes no sense as they do little other than take up time of staff teaching them. If they prove themselves and develop their skills, thus improving the productivity of the enterprise then they deserve to be paid."}
{"_id": "254319", "title": "", "text": "I look at the following ratios and how these ratios developed over time, for instance how did valuation come down in a recession, what was the trough multiple during the Lehman crisis in 2008, how did a recession or good economy affect profitability of the company. Valuation metrics: Enterprise value / EBIT (EBIT = operating income) Enterprise value / sales (for fast growing companies as their operating profit is expected to be realized later in time) and P/E Profitability: Operating margin, which is EBIT / sales Cashflow / sales Business model stability and news flow"}
{"_id": "254374", "title": "", "text": "&gt;Its marginal in that it is small  How small exactly? Waiting for your source.  Still waiting to know what it even solves.  &gt;You operating on the premise that loans for advanced education is the right model.  I never said I support this model, if you want to even call it a model.  I support paying your debts. Government shouldn't be involved in this industry at all, but that is a can of worms we shouldn't even bother with  &gt;Make public university free  You keep using that word free...   &gt;Not that hard.  Yea, if you actually believe it's 'free,' ugh.  Good luck with your loans dude or dudette."}
{"_id": "254375", "title": "", "text": "So your complaining taxing stocks, hurt stock holders who make more money because they hold stock that gets paid from people's payouts? How about that stock holder stop being a whiny bitch because the pennies a stock he lost because other people's stock was taxed, created thousands of jobs that put 50k a year into their bank."}
{"_id": "254377", "title": "", "text": "A fourth of the population has an IQ below 90.  They have a tough time making informed decisions. There's also a lot of people with no money, or can't take care of themselves for god knows why.  They need basic healthcare. Not insurance, but clinics for the basic stuff. generic drugs only, no organ transplants, no kidney dialysis.  If you wanted, and had the money, you could buy iinsurance for better care.  This is, more or less, the system in France."}
{"_id": "254384", "title": "", "text": "\"To dispute your first point. It can be racist if it's the truth. The accuracy of a statement doesn't impact it's cruelty.   If you were over weight and I called you a fat fuck, it may well be true, though it's still mean.  In the same way if your mother was dying of cancer and I was to say \"\" she is a cancerous weight on our social structures, and she's not likely to live long anyway \"\" all of those things may be factually correct, however it is still malicious for me to say those things in that way.   Similarly even if what he says is factually correct(which is an issue I'll get to) does not change whether what he said and the way he said it was malicious (or hurtful) to a particular race. Now whether what he said is socially acceptable is a matter of culture, you seem to think it's perfectly acceptable, as another said, many of his business connections might also. I happen to think it's not acceptable , clearly in line with op. I'm not looking to argue about whether it is acceptable to ever be racist because that is a nuanced line (though fairly simple to keep away from) that has been covered over and over in many other discussions arguments and protests.   To the matter of whether or not what he has said is factually correct.   I agree with you on this: Zimbabwe is incredibly rich in resource and is a largely untapped land in the modern world(though seemingly not for long).   However I would make the distinction in my argument in the causality. Is it the fault of the Zimbabwe people that they have not fully taken advantage of their resource. And if so is that fault in anyway linked to their skin colour.   For me even if you conceed the first, the 2nd is untenable. clearly seen in the rise of Asia and of India through the 20th &amp;21st century, education medicine ,social support and infrastructure play a much larger role in the ability of a society to effectively allocate resource , than the vain colour of ones skin or the line of ones heritage.  Not to say the first is entirely true either, as the mistakes of yours forbearers weigh on your ability as much as their success accelerates you .  There are key resources, and educations the places such as Zimbabwe lacked, the made them unable to use  resource historically in the same way as the modern western world (water hygiene, tool making resource, most notably land able to support intensive farming, and food storage.  )  .  Instead the cultures would have developed to use the land resources as is most efficient, though may not nessisarily be the centralised cities and farming of Europe.    Further I would argue education and infrastructure, as was seen originally with the foundation of the us the America's resource was untapped without the machinery or knowledge to take advantage of it, which debatably comes best from the close quarters of Europe.   Writing also, improving the transfer of information by orders of magnitude , first created in the middle East, taken up by the Greeks, then the Romans . Therefore much of Europe's success (amount other thing s) can be credited to to Romans, and theirs to the Greeks, and theirs to the Persians .   Clearly the Persians , nor even the Romans were \"\"white \"\" by any pure standard. (Especially noting England's boom occurred after introduction of Roman infrastructure, and more recently Asia with western international corporation's)    I would argue that the size of a society and it's economic success (which may not nessisarily be the aim of the society) has more to do with the tools available, the location and access to trade, infrastructure and social support (including medicine).   These are things that are not inextricably linked to the colour of ones skin. Therefore to say that \"\"blacks\"\" by virtue of being black, lacking any other qualifying information, are inherently less able to bring America into economic success than \"\"whites\"\" by virtue of them being white, lacking any qualifying information, is not entirely factually correct and is naturally open to criticism.   By changing you argument to be less directed at the colour of ones skin, and more toward the nature of the society and the capabilities of their technology your argument is made more tolerable (though still entirely open to critisism).  But as soon as you change your argument to \"\"I'm glad that people capiable of colonising America and bringing to to success did, instead of people weren't able to colonise America and bring technology with them \"\" the argument becomes somewhat null. Of course a society, whether black white or any other, with advanced technology and access to trade (such as Brittan who had control of many trade lines and much of Indian production) would be able to colonise and take advantage of resources better than a society which did not have those things (control of large trade routes , ships ect). And these things have less to do with the colour on ones skin, and more to do with infrastructure, trade and social support.   The fact is when the racism is taken out, the argument isn't worth mentioning, because the ability to colonise speaks to a society that takes effective advantage of trade infrastructure and technology.  This fact is distasteful and makes any attempt to justify the argument seem a thinly veiled justification for rasicim.  as, if not to be racist what is the argument actually a arguing; what does his statement actually say without specifying the colour of ones skin?  So to recap, I'm not entirely against the line of thought , nor that the guy said it(if he gets in the good books of his friends / shug). What I am against is a society that supports racism, the society he is supporting in making that type of statement. What I am against is the idea that if something is *True* it doesn't matter *How* it's said. (Remember your fat ass mom) I'm what I am against is the use of null arguments to justify a controversial opinion. (If the controversial aspect of the sentence is able to be taken away and it was, would it have any meaning?)  Sorry if I was overly aggressive in this response, and for any grammatical mistakes, and if you have a response I would appreciate a similar amount of effort , and will do my best to subdue my bias.  Thank you .  Edit: grammar\""}
{"_id": "254388", "title": "", "text": "It has everything to do with post-tax earnings.  You can only contribute into a Roth IRA up to either $5500 or your taxable compensation (wages, salaries, self-employment income, commissions, etc.), whichever is less. So your contributions have already been taxed as income (either withheld or when you file your 1040 next year). Importantly, this means that you can't contribute gifts, previous savings, unearned income, or under-the-table earnings that you don't report* into a Roth (of course, this only is a factor if you report less than $5500 in income since money is fungible). *Note: I mention this for completeness, not as a recommendation, unreported income can get you into hot water, just ask Mr. Capone..."}
{"_id": "254405", "title": "", "text": "\"That oil is traded in USD makes for extra demand and thus a stronger dollar with more purchasing power. It's not really economics that are the issue though - many might argue a weakened dollar might help the US economy (cheaper exports).  The real issue is power. These gold backed securities make it so that certain countries can get around US sanctions.  Not to mention that controlling the currency that oil is traded in means the US can devalue their currency to gain an advantage in the event of a shortage.  Also, because petroleum is traded in dollars, this means treasury bonds are a natural place to store wealth for oil producers. High demand for these bonds makes it cheap for the US government to borrow and easier to make interest payments thus making T-Bonds a \"\"safe\"\" asset.\""}
{"_id": "254419", "title": "", "text": "I think this will do the trick:"}
{"_id": "254421", "title": "", "text": "While on a completely different scale to what you boys are talking about couple of years ago I was a relationship manager in retail banking and would on the reg have to sign away ~400k out of the tellers boxes and into the safe. After a few months of that you kind of view it as lego to fuck around with... [Australian money](https://www.google.com.au/search?q=australian+money&amp;hl=en&amp;prmd=imvns&amp;source=lnms&amp;tbm=isch&amp;sa=X&amp;ei=OquAUO2SD82ciAfSnoDgCA&amp;ved=0CAoQ_AUoAQ&amp;biw=1006&amp;bih=502)"}
{"_id": "254431", "title": "", "text": "You can do this through a journal entry in Quickbooks.  It can all be entered as one entry, there's no need to do separate ones for each bill. The journal entry should debit Accounts Payable and credit your equity account.  In the line for Accounts Payable, make sure to choose your name in the 'Name' column.  This, in effect, enters a credit to your account, which will offset the bills that were shown there previously. The last step is to apply those credits to the bills.  Even though they offset each other, your name would still show up in any Payables reports and in the Pay Bills window.  To do this, open the Pay Bills window and select one of the bills owed to you.  There should be an option to choose 'Apply Credits' or something similar (depends on which version of Quickbooks you are running).  Choose that option, and apply credits in the amount of the bill, so that it zeroes out.  Do the same for all of the other bills.  Once they are all checked off, click the button to Pay Bills.  This won't actually 'pay' anything, but will instead just apply the credits to the bills as indicated."}
{"_id": "254452", "title": "", "text": "Sydney is from one of the most beautiful cities in the world. Enjoy amazing &amp; fantastic boat cruise Sydney Harbour. Sydney Harbour Cruises are perfect for any type of private function &amp; events such as birthdays, family get together. Call to inspect the Magic!"}
{"_id": "254454", "title": "", "text": "\"The only way to \"\"roll\"\" debt into a home purchase is to have sufficient down payment.  Under the \"\"new\"\" lending rules that took effect in Canada earlier this year, you must have at least 5% of the purchase price as a down payment.  If you have $60,000 in additional debt, the total amount of mortgage still cannot be greater than 95% of the purchase price.  Below is an example. Purchase price of home $200,000. Maximum mortgage $190,000 (95% of purchase price) Total outside debt $60,000 That means the mortgage (other than the current debt of $60k) can only be $130,000 This means you would need a down payment of $70,000. Also keep in mind that I have not included any other legal fees, real estate commissions, etc in this example. Since it is safe to assume that you do not have $70k available for a down payment, renting and paying down the debt is likely the better route.  Pay off the credit card(s) first as they have the higher interest amount. Best of luck!\""}
{"_id": "254458", "title": "", "text": "I'll be happy to edit when you provide answers to the question I posed in the comments.  Given the choice (and I assume there is no other) I'd take a loan from the 401(k) vs a withdrawal.  You withdraw $40K. I'll assume 25% bracket as you're planning at least a $200K house. Hopefully, your taxable income is above $38K, the 25% line for singles. The tax and penalty is 35% total, federal. You net $26K. And you have $40K less in the retirement account. In 40 years, at 10% average growth, that's $1.8M you won't have in your 401(k). And as littleadv stated, no deposits for 6 months, meaning no matching. There's a few more thousand you'll lose.  You borrow $20K. Your 401(k) will see a return on the $20k that's better than the short bond account, 4-5% vs less than 1%. You are short $6K, but in return have paid no tax, no penalty, etc. I respect those who are strongly anti-loan, but even they would agree, this is the far lesser of 2 evils.   The above is pretty generic, there are better choices. But your CPA friend's advice is nearly as bad as it gets. By the way, the tax you'll save once you have the mortgage has nothing to do with that 10% penalty. Say you bought the house with cash (as many would be happy to do). You'd pay the penalty for the 401(k) withdrawal, but have no mortgage deduction. If you had the 20%, you still have a loan and the deduction, but no penalty for taking his bad advice.  My advice is to take that refund and use it to pay the loan faster."}
{"_id": "254465", "title": "", "text": "I concur. Technology giants and industries have been attempting to circumvent net neutrality for years, and any loophole they spot, they'll attack it full-throttle.   Also, I usually avoid signing up for a store's or mall's WiFi, and if I sign up, I usually give a faux (fake) email address lol"}
{"_id": "254467", "title": "", "text": "I had to implement a simplistic double-entry accounting system, and compiled a list of resources. Some of them are more helpful than others, but I'll share them all with you. Hope this helps! Simplifying accounting principles for computer scientists: http://martin.kleppmann.com/2011/03/07/accounting-for-computer-scientists.html See this excellent article on how Debits and Credits work: http://accountinginfo.com/study/je/je-01.htm See this article for an example Chart of Accounts with lots of helpful descriptions: http://www.netmba.com/accounting/fin/accounts/chart/ Excellent PDF by Martin Fowler on Accounting Patterns using an event-drive system: http://www.martinfowler.com/apsupp/accounting.pdf Additional useful resources by Martin Fowler: http://martinfowler.com/articles.html#ap Ideas on using Domain-Driven-Design (DDD): https://stackoverflow.com/questions/5482929/how-to-use-object-oriented-programming-with-hibernate Double Entry Accounting in Relational Databases: http://homepages.tcp.co.uk/~m-wigley/gc_wp_ded.html Double Entry Accounting in Rails: http://www.cuppadev.co.uk/dev/double-entry-accounting-in-rails/ Joda-Money: http://joda-money.sourceforge.net/ Joda-Money Notes: http://joda-money.svn.sourceforge.net/viewvc/joda-money/JodaMoney/trunk/Notes.txt?revision=75&view=markup Blog entry with good comments: http://www.jroller.com/scolebourne/entry/joda_money Related Blog Entry: http://www.jroller.com/scolebourne/entry/serialization_shared_delegates JMoney: http://jmoney.sourceforge.net/wiki/index.php/Main_Page JMoney QIF Plugin: http://jmoney.sourceforge.net/wiki/index.php/Qif_plug-in Ledger on GitHub: https://github.com/jwiegley/ledger/tree/master/src/ Implementing Money class in Java: http://www.objectivelogic.com/resources/Java%20and%20Monetary%20Data/Java%20and%20Monetary%20Data.pdf  Martin Fowler's implementation in Patterns of Enterprise Application Architecture page 489, View partial content in Google Books: http://books.google.com/books?id=FyWZt5DdvFkC&printsec=frontcover&dq=Patterns+of+Enterprise+Application+Architecture&source=bl&ots=eEFp4xYydA&sig=96x5ER64m5ryiLnWOgGMKgAsDnw&hl=en&ei=Kr_wTP6UFJCynweEpajyCg&sa=X&oi=book_result&ct=result&resnum=7&ved=0CEQQ6AEwBg#v=onepage&q&f=false XML based API for an accounting service, might get some ideas from it: http://www.objacct.com/Platform.aspx"}
{"_id": "254468", "title": "", "text": "The bank doesn't keep it. It will stay unclaimed until the unclaimed assets process in the state that the bank branch is in kicks in. At that point it it a state by state process, with each state being different. You will need to inquire to the state government about what the process is in that state. (This will probably be searchable online.)"}
{"_id": "254474", "title": "", "text": "\"I think the question, as worded, has some incorrect assumptions built into it, but let me try to hit the key answers that I think might help: Your broker can't really do anything here.   Your broker doesn't own the calls you sold, and can't elect to exercise someone else's calls. Your broker can take action to liquidate positions when you are in margin calls, but the scenario you describe wouldn't generate them:  If you are long stock, and short calls, the calls are covered, and have no margin requirement.  The stock is the only collateral you need, and you can have the position on in a cash (non-margin) account.   So, assuming you haven't bought other things on margin that have gone south and are generating calls, your broker has no right to do anything to you. If you're wondering about the \"\"other guy\"\", meaning the person who is long the calls that you are short, they are the one who can impact you, by exercising their right to buy the stock from you.  In that scenario, you make $21, your maximum possible return (since you bought the stock at $100, collected $1 premium, and sold it for $120.  But they usually won't do that before expiration, and they pretty definitely won't here.  The reason they usually won't is that most options trade above their intrinsic value (the amount that they're in the money).    In your example, the options aren't in the money at all.   The stock is trading at 120, and the option gives the owner the right to buy at 120.* Put another way, exercising the option lets the owner buy the stock for the exact same price anyone with no options can in the market.  So, if the call has any value whatsoever, exercising it is irrational; the owner would be better off selling the call and buying the stock in the market.\""}
{"_id": "254479", "title": "", "text": "Similarly, as a server or bartender, I would hook people like you up in hopes of a tip like that. I wasn't losing out if you got a double pour of vodka in your drink or only rang up four shots when you ordered 6. I enjoyed those customers and the tips too. If it wasn't a chain I might have felt bad about doing that. But then again, it's basically the same as a customer loyalty card."}
{"_id": "254488", "title": "", "text": "Check out the new Intex IT- 500B Speaker, a thoughtful blend of high quality sound output and ergonomic design! It also has LED display which adds to the convenience of the selecting tracks in the USB mode and FM channels... How cool is that!!"}
{"_id": "254493", "title": "", "text": "Risk and return always go hand by hand.*  Risk is a measure of expected return volatility. The best investment at this stage is a good, easy to understand but thorough book on finance. *Applies to efficient markets only."}
{"_id": "254498", "title": "", "text": "To understand his comments about bear-market performance it's important to take them in context. (My research method was Crtl+F: bear; read around the highlights. This is not a complete survey of 60+ years of letters.)  In his earlier letters, statements about bull market performance are always made in reference to Buffet's belief that many of BH's current holdings are in undervalued securities. Ex:  To the extent possible, therefore, I am attempting to create my own work-outs by acquiring large positions in several undervalued securities. Such a policy should lead to the fulfillment of my earlier forecast \u2013 an above average performance in a bear market. It is on this basis that I hope to be judged (p 6; emphasis mine). Similar statements are made throughout the earlier letters, along with this interesting note:  In a year when the general market had a substantial advance I would be well   satisfied to match the advance of the Averages (p 6). So to your question of why BH fund performance is likely to be better in a bear market than in a bull market, I believe the implicit assertion is that undervalued securities are more resilient in a bear market (presumably because they don't have as far to fall, and are also less likely to be subject to a bubble). Buffet is also explicitly asserting that when facing a choice to either (a) position BH to weather a possible downturn or (b) position BH to enjoy a bullish stock that is outpacing the market, he would choose the former over the later. As to your assertion that he always says this, I can find no reference to bear market's in the letters past 1960."}
{"_id": "254499", "title": "", "text": "\"I'm going to address a couple of extra issues over and above mhoran_psprep's great answer. Insurance A lot of the jobs you describe require that you have additional insurance over and above what you currently have, normally insurance that lets you drive for payment. You should insist that anyone you rent to has this insurance. If not, you may find yourself liable and uninsured. Also you should be aware of this story: \"\"Quebec Uber drivers have cars seized, fined up to $7,500\"\".\""}
{"_id": "254500", "title": "", "text": "I'm leaning more towards trading it in can anyone give me some pointers on how to get the best deal? Information is key to getting the best deal possible. That is why I would strongly suggest getting a second opinion on the repairs. A misfire could be caused by many things. From cheap (bad spark plugs or cables) to mid-range cost (timing is off) to expensive (not getting proper compression in the cylinders due to mechanical issues that could require an engine rebuild). Also, car diagnostics is not an exact science, so it is definitely worth checking with another mechanic. You trust the first place you took it too, which is great. You taking it to another place does not represent a lack of trust, it represents knowing that humans are fallible and car repair diagnostics are not perfect either. Once you have quotes from 2 or 3 places for the repair work, you are in a much better position to negotiate. The next step is to see how much it will cost to replace the thing. Get actual quotes for trade-in from dealers, and you must disclose the engine troubles to them when getting this quote. $8,000 minus this amount is how much you are under water. Add that to the price of the car you would like to purchase to know how much of a loan you will have to take out (minus any downpayment). The next thing to consider is how you manage your risk from there. Your new car will be under-water too. Can you even get a loan? Will you need additional collateral or gap insurance to get the loan? What happens if you get in an accident the next day and total this car? Once you have all of this information, you are ready to really start thinking about the decision to be made. Things to consider: How reliable has the HHR been up to now? You don't want to put $3,500 into it now only to have to spend a few grand more in a month to replace the transmission. It is hard for us to know this as we don't know how long you have had it, what troubles you have had in the past, how well you have taken care of it (regular oil changes and maintenance). Keshlam is right about asking mechanics to check for other problems and scheduled maintenance that has not been done (e.g., timing belts replaced). Once you have made your decision, remember that everything is negotiable if you are wiling to walk away. If you decide to keep the car, try to get a better deal on the repairs by checking out other repair shops. If you decide to buy another car and get rid of this one, both the sale price of the new car and the trade-in price of the HHR are negotiable. Shop around and put in the work to buy something that will last a at a good price."}
{"_id": "254501", "title": "", "text": "Universal Steel of America offers high quality and long lasting industrial steel buildings kits. Our pre-fabricated steel building kits offers a more reliable and time efficient system that helps you save time and money. We offer a wide range of customization on steel building to accommodate a wide range of needs. Our industrial steel buildings are designed to withstand harshest of weather conditions."}
{"_id": "254509", "title": "", "text": "I'll address one part of your question: There are other taxes that companies pay as well, such as income tax, but don't charge to the customer as a fee. So, why are gross receipts taxes charged to the customer? Things like income tax can't be passed on to the consumer in a direct way, because there's no fixed relationship between the amount of the tax and the price of an individual product.  Income tax is paid on taxable income, which will incorporate deductions for the costs the company incurred to do business.  So the final amount of corporate income tax can depend on things unrelated to the price of goods sold, like whether the business decided to repave their parking lot. Gross receipts taxes, by definition, are charged on the total amount of money taken in, so every dollar you spend on an item at the store will be subject to the gross receipts tax, and hence will cost the business 7 cents (or X% where X is the tax rate).  This means there is a direct link between the price you pay for an individual item and the tax they pay on that transaction.  The same is true for sales taxes, which are also often added at the time of sale. Of course, businesses could roll all of these into the posted price as well.  The reason they don't is to get their foot in the door and make the price seem lower: you're more likely to buy something if you see it for the low, low, one-time-only price of $99.99, act now, save big, and then find out you owe an extra $7 at the register than if you saw $107 on the price tag."}
{"_id": "254514", "title": "", "text": "Your phrasing of the question isn't very clear, but I believe you're asking: Does our total household income classify us as tax exempt? Or, can we avoid filing taxes if we make $22,500 or less per year? The answer is no. Your tax liability will be very low, and if you have dependents or other deductible expenses (mortgage interest, 401K contributions, etc.), you're likely looking at a close to $0 liability. You still have to file your taxes, and you can't claim exempt on your W-4. Even if you did qualify to be tax exempt, you still have to file taxes."}
{"_id": "254528", "title": "", "text": "\"You should hire a lawyer. The fact that they told you your personal information shows that they actually had it, and are not imposters, which is a good thing. The fact that they mislead you means that their intentions are not pure (which is not surprising coming from a collection agency of course). When dealing with collections (or any matter of significance for that matter), don't rely on their recording of the call, because they can always conveniently lose it. Make sure to write down every single detail discussed, including the date and time of the call, and the ID/name of the person on the other side. If possible - make your own recording (notifying them of it of course). It's too late to record the calls now, but do try to reconstruct as much information as possible to provide to your lawyer to deal with it. In the end of the day they will either provide you with the recording (and then you might be surprised to hear that what they said was not in fact what you thought they said, and it was just your wishful thinking, it is very possible to be indeed the case), or claim \"\"we lost it\"\" and then it will be a problem to either of you to prove who said what, but they'll have the better hand (having better lawyers) in convincing the court that you're the one trying to avoid paying your debts. That is why proper representation at all stages is important. As to the bankruptcy - it won't help for student loans, student loans is one of the very few types of debts you can't really run away from. You have to solve this, the sooner the better. Get a professional advice. For the future (and for the other readers) - you should have gotten the professional advice before defaulting on these loans, and certainly after the first call.\""}
{"_id": "254538", "title": "", "text": "It is not only merchants that charge for credit card purchases but also service providers. Have you looked at your phone bill lately and even your Council Rates. Most of them charge a small %, usually about 1% on Matercard and Visa, and closer to 2% on Diners, Amex and American Express cards. However, the merchants and service providers that do charge a fee for credit card use, must also provide alternative ways of paying to their customers, so that the customer has the choice to either pay or avoid paying this fee."}
{"_id": "254541", "title": "", "text": ""}
{"_id": "254542", "title": "", "text": "If you want to buy once the price goes up to $101 or above you can place a conditional order to be triggered at $101 or above and for a limit order to entered to buy at $102. This will mean that as soon as the price reaches $101 or above, your limit order will enter the market and you will buy at any price from $102 or below. So if the price just trickles over $101 you will end up buying at around $101 or just over $101. However, if the price gaps above $101, say it gaps up to $101.50, then you will end up buying at around $101.50. If the price gaps up above $102, say $102.50, then your limit order at $102 will hit the market but it will not trade until the price drops back to $102 or below."}
{"_id": "254556", "title": "", "text": "UNG    United States Natural Gas Fund  Natural Gas USO    United States Oil Fund  West Texas Intermediate Crude Oil UGA    United States Gasoline Fund     Gasoline DBO    PowerShares DB Oil Fund     West Texas Intermediate Crude Oil UHN    United States Heating Oil Fund  Heating Oil I believe these are as close as you'd get. I'd avoid the double return flavors as they do not track well at all.  Update - I understand James' issue. An unmanaged single commodity ETF (for which it's impractical to take delivery and store) is always going to lag the spot price rise over time.   And therefore, the claims of the ETF issuer aside, these products will almost certain fail over time. As shown above, When my underlying asset rises 50%, and I see 24% return, I'm not happy. Gold doesn't have this effect as the ETF GLD just buys gold, you can't really do that with oil."}
{"_id": "254559", "title": "", "text": "\"Not that they're necessarily lacking, although I wouldn't be surprised if they are relative to the developed world (I'm not going to get into a country by country analysis as there are 40+ in Africa and all with different laws), but more that the governments/institutions (like the courts for example) there are so corrupt and terrible at what they do that nobody respects them and therefore property rights exist in name only. Contrast that with the US (and Canada, Europe, Singapore, Hong Kong, etc.) where property rights have a bastion of strong institutions defending them and there is a large part of the difference. Look at Zimbabwe, where Mugabe literally stole land from the \"\"white\"\" farmers and how they're doing versus SA, where the government generally respects/upholds property rights (although the ANC has had some huge issues recently) and how relatively well SA is doing.   better yet take it a step further out and look at what happened when Chavez nationalized the oil industry in VZ...it's no surprise that foreign companies don't want to invest there (and investors don't want to buy their debt leading to higher interest premiums) when the government is literally stealing property from ppl/entities via nationalization\""}
{"_id": "254572", "title": "", "text": "From a budgeting perspective, the emergency fund is a category in which you've budgeted funds for the unexpected.  These are things that weren't able to be predicted and budgeted for in advance, or things that exceeded the expected costs.  For example you might budget $150 per month for car maintenance, and typically spend some of it while the rest builds up over time for unexpected repairs, so you have a few hundred available for that.  But this month your transmission died and you have a $3,000 bill. You'll then fund most of this out of your emergency fund.  This doesn't cover where to store that money though, which leads me to my next point.  Emergencies are emergencies because they come without warning, without you having a chance to plan. Thefore the primary things you want in an emergency fund account are stability and quick access.  You can structure investments to be whatever you think of as safe or stable but you don't want to be thinking about whether it's a good time to sell when you need the money right now.  But the bigger problem is access. When you need the funds on a weekend, holiday, anytime outside of market hours, you're not going to be able to just sell some stocks and go to an ATM. This is the reason why it's recommended to have these funds in a checking or savings account usually. The reason I mentioned the budgeting side first is because I wanted to point out that if you're budgeting well, most of the unexpected expenses you have should have been expected in a sense; you can still plan for something without knowing when or if it will happen.  So in the example of a car repair, ideally you're already budgeting for possible repairs, if you own a home you're budgeting for things that would go wrong, budgeting for speeding tickets, for surprise out of pocket medical costs, etc. These then become part of your normal budget: they aren't part of the emergency fund anymore.  The bright side about budgeting for something unexpected is that you know what that money is for, and do you likely also know how quickly you'll need it. For example you know if you have unexpected medical costs that happen very quickly, you're not likely you need a bag of cash on a moment's notice.  So those last two points lead to the fact that your actual emergency fund, the dollars that are for things you simply could not foresee, will be relatively small. A few thousand dollars or so in most cases. If you've got things structured like this, you'll be happy to have a few grand available at a moment's notice.  The bulk of the money you would use for other surprise expenses (or things like 6 months of living expenses) is represented in other specific categories and you already know the timeframe in which you need it (probably enough time that it could be invested, risk to taste). In short: by expecting the unexpected, you can sidestep this issue and not worry so much about missed returns on the emergency fund."}
{"_id": "254591", "title": "", "text": "\"I think a lot of people misunderstand non-profits.Their names alone as quite misleading.  NPO's often just need to disclose their books and numbers every quarter (while being more open than a privately held company) - and work towards a cause. But anything can be \"\"a cause\"\". Facebook is a cause. So is Reddit. So are my companies. Executives get paid more because they made more earnings for their business. I see this as fair.\""}
{"_id": "254603", "title": "", "text": "\"&gt; and abusing your majority marketshare  This is so laughable it's beyond pale. Somebody conducting their business as they see fit  is 'abusing'? Amazon does not have a monopoly on anything they sell. Book publishers (or customers) can go anywhere else on the internet or in the world to sell or  buy the things that Amazon sells at any price they want.  Amazon has worked very hard to get the customer base it has. It clearly has superior customer service and unique products that they, themselves have  financed and brought to market. And that also goes for their \"\"instant\"\" video streaming platform.   As customers, we do not have to walk into a store and be forced to buy something at a price we do not want to pay. The same could be said for retailers of content also. Netflix stopped offering a comprehensive catalog of films when it did not want to meet the price that content owners were demanding, so they stopped carrying those (and other) films. Nobody raised eyebrows' as this article laments when Netflix did the same.  Traditional book publishers/copyright owners have decades of historical case law that  has developed from their actions. The notion of 'first sale' doctrine is a result that came about because publishers/copyright holders sought *more* rights than were available to them under the law. Which is an example of the continual theme with them. And, they have essentially got what they have wanted (especially Disney) from an all too willing congress with truly endless copyright extensions and draconian copy protections.  So, you'll have to forgive me if I don't cry these guys the river they want!  Edit: After writing this, [I just found this letter from Amazon](http://www.readersunited.com/). I think I'm gonna go throw more money at them today.\""}
{"_id": "254622", "title": "", "text": "Two things come to mind: a conservation easement has been mentioned already and I think you might also want to look into a timber REIT (Real Estate Investment Trust). REITS are odd beasts, to be sure and the tax situation can be convoluted but it might meet your needs."}
{"_id": "254635", "title": "", "text": "The website http://currencyfair.com/ provides a service which gives you both a decent exchange rate (about 1% off from mid-market rate) and a moderately low fee for the transfer: 4 USD for outgoing ACH in the US, 10 USD for same-day US wire. For the reverse (sending money from the US to EU) the fees are: 3 EUR for an ACH, 8 EUR for a same-day EUR wire. It has been online for quite a while, so I assume its legit, but I'd do a transfer for a smaller sum first, to see if there are any problems, and then a second transfer for the whole sum."}
{"_id": "254638", "title": "", "text": "One owns bar/restaurants and is a millionaire, but claims he never used anything he learned from the degree. He is more of a COO so in a way he doesn't need to think about the economics of the business. He just needs to operate/maintain.   The other, lost his job so parents bought him a gas station.   These people never really went the corporate route so they aren't the best examples, imo."}
{"_id": "254662", "title": "", "text": "If the price of labor goes up, consumption of labor will go down. Adam Smith can tell you all about this, except theres also a modern catch that hey couldn't have foreseen when thinking about elastic/inelastic goods and or service.... automation. One way or another, higher prices will result in [human] job loss of some kind."}
{"_id": "254676", "title": "", "text": "One piece of information you didn't mention is how much you paid for the original home.  If you hold onto that home for too long you will have to pay capital gains on the difference between sale price and original price. This can be a TON of money, thousands of dollars easily. The rule is: If you lived in a home for 2 out of the past 5 years, you don't have to pay the capital gains tax. So  if you just moved, you have 3 years to sell.  Perhaps as a compromise you can try renting it for 3 years and then selling it a few months before the deadline."}
{"_id": "254684", "title": "", "text": "\"I can answer this question for my jurisdiction (Florida, USA), because I lived through it. My Dad (\"\"Alice\"\") passed away in 2008, just as the housing crisis was starting to heat up. What happened to the Mortgage? My Dad had a will in place.  It was an old will (from the 1980's), but never-the-less, a will.  We had to provide paperwork to the court that my Mom had already passed away, and my oldest brother was living out-of-state (he would have been the executor, otherwise).  With the proper paperwork, I became the Executor, and the property passed in to probate.  At this point, the \"\"Estate\"\" was responsible for the house and the mortgage on it (meaning me, as I was the Executor). We decided to sell the house, so we hired a realtor, and set an asking price about $40k over what was owed on it.  As we waited for it to sell, I had to make monthly mortgage payments, and payments to the HOA (otherwise the HOA could put a lien on the property, making it more difficult to sell, should we find a buyer). Is it Automatically Transferred? In most jurisdictions, I would say not \"\"automatic\"\".  I definitely had get an estate lawyer and file the proper legal paperwork with the local county courthouse.  Some states have an easier probate process (\"\"Summary Administration\"\" in Florida), that eases the requirements for small estates. Is Bob expected to pay it off all at once? No, the mortgage holder was happy for me to make payments (out of other estate assets) in lieu of my Dad.  The were earning interest, after all.  This is probably true in most cases. Can the House be Foreclosed on? Yes.  In our case, being 2008, we had a hard time selling the property.  The asking price quickly went from $40k over what was owed, to $20k over, to $10k over, then to being equal to the mortgage value.  Finally, I approached the bank about options.  They suggested a \"\"Deed in Lieu of Foreclosure\"\" process.  It was easier for us, and the bank had to pay less lawyers and such.  Otherwise, a \"\"Deed in Lieu\"\" is effectively the same as a Foreclosure.  At that point, we stopped making payments.  Eventually, me and all my siblings (the \"\"heirs\"\") had to sign the proper paperwork giving the house over to the bank. In our case, the bank did not pursue us (or rather, the Estate) for the difference between final (auction) sale price and the mortgage balance (it was an FHA loan, so the US Government wound up picking up the difference).  From what I understand, this could have happened, and we would have wound up with basically nothing out of the Estate. Can the Lender Force the Sale? I can't give a definite answer on this, but it probably depends.  If you don't pay?  Yes they sure can--it's usually part of the standard mortgage contract!  I see 2 other options:\""}
{"_id": "254689", "title": "", "text": "\"Who's economy? Just because unemployment is high doesn't mean there aren't quite a few people prospering. If you want to work in a factory, chances are you're not feeling too good about the next 10 years, because you know your job is going somewhere where someone is willing to work for $2 per day. If you work in health care, or IT, or engineering, or any number of other highly skilled fields, then chances are your outlook is nowhere near as bleak. Most companies are making tons of money, the stock market is doing well, sales number in retail last weekend were great, etc. When it comes to jobs and the economy there really are two Americas right now. The real problem is the number of people have joined the \"\"screwed-up-the-ass\"\" half and have no way of making it out.\""}
{"_id": "254713", "title": "", "text": "Well actually you need a lot of things. Engine alone is not directly related to towing capacity, for example. You need the proper suspension, frame strength, etc. Actually you don't need a big engine to tow, you need torque. You need the right transmission, differential, gearing, etc. Generally speaking, the bigger the thing you want to tow, the bigger the truck you need to tow it. Otherwise, wouldn't Semi trucks be small, but with a big engine?"}
{"_id": "254730", "title": "", "text": "A CFD broker will let you open a trade on margin as long as your account balance is more than the margin required on all your open trades. If the required margin increases within a certain percentage of your account balance, you will get a margin call. If you then don't deposit more funds or close losing trades out, the broker will close all your trades. Note: Your account balance is the remaining funds you have left to open new trades with. I always use stop loss orders with all my open trades, and because of this my broker reduces the amount of margin required on each trade. This allows me to have more open trades at the one time without increasing my funds. Effects of a Losing Trade on Margin Say I have an account balance of $2,000 and open a long trade in a share CFD of 1,000 CFDs with a share price of $10 and margin of 10%. The face value of the shares would be $10,000, but my initial margin would be $1,000 (10% of $10,000).  If I don't place a stop loss and the price falls to $9, I would have lost $1,000 and my remaining margin would now be $900 (10% of $9,000). So I would have $100 balance remaining in my account. I would probably receive a margin call to deposit more funds in or close out my trade. If I don't respond the broker will close out my position before my balance gets to $0. If instead I placed a stop loss at say $9.50, my initial margin might be reduced to $500. As the price drops to $9.60 I would have lost $400 and my remaining margin would now only be $100, with my account balance at $1,500. When the price drops to $9.50 I will get stopped out, my trade will be closed and I would have lost $500, with my account balance still at $1,500. Effects of a Winning Trade on Margin Say I have the same account balance as before and open the same trade but this time the price moves up. If I don't place a stop loss and the price goes up to $11, I would have made a $1,000 profit and my remaining margin will now be $1,100 (10% of $11,000). So my account balance would now be $2,000 + $1,000 - $1,100 = $1,900. If I had placed a stop loss at say $9.50 again and the price moves up to $10.50, I would have made a profit of $500 and my margin would now be $1,000. My account balance would be $2,000 + $500 - $1,000 = $1,500. However, if after the price went up to $10.50 I also moved my stop loss up to $10, then I would have $500 profit and only $500 margin. So my balance in this case would be $2,000 + $500 - $500 = $2,000. So by using stop losses as part of your risk management you can reduce the margin used from your balance which will allow you to open more trades without any extra funds deposited into your account."}
{"_id": "254735", "title": "", "text": "That is a loaded question. The American taxpayer isn't subsidizing their business model. We are paying for a social safety net, yes. But no one is forcing Walmart employees to work there, or to not take other jobs to supplement their income, etc. You are looking at the situation with a very child like perspective, as though they are victims. If anything, rather than targeting one large company and blaming them, we should focus on promoting legislation that increases the minimum wage, since many other businesses have the same practices as Walmart, and always will as long as the law lets them."}
{"_id": "254759", "title": "", "text": "He said he would need my first and last name and my online banking information not my date of birth, SSN, Address, Bank Address, Routing number, or checking account number This is a scam. No one needs online Banking User name and password. If you have already given this info, close your account and disable internet banking.  not my date of birth, SSN, Address, Giving your date of birth and SSN is also dangerous.  So my question for you is it a scam or could he really be wanting to put money into my account? Oh yeah and also he said they'll send it through my account I'll send half BACK through money gram or western union. There is no legit reason for doing this. This is 100% scam, one would only loose money. Just walk away before any damage can be done"}
{"_id": "254768", "title": "", "text": "The only thing I ever worry about in regards to human enhancement of this kind is how it will probably exacerbate class problems. These sorts of things will only be available to those who can pay for them. The singularity will only come for the rich."}
{"_id": "254783", "title": "", "text": "I wouldn't focus too much on dividends itself; at the end of the day what matters is total gain, because you can convert capital gain into income by selling your assets (they have different tax implications, but generally capital gains tend to be more tax efficient).    I think the more important question is how much volatility you can tolerate. Since your investment horizon is short & your risk tolerance is low (as in if you suddenly get much lower income than you planned from your investment you'll be in trouble), you probably want assets that have low volatility.   To achieve that, I'd consider the following if I were you: tl;dr If I were you I'd just hold a general investment portfolio with a lower risk profile rather than focusing on dividend generating assets."}
{"_id": "254785", "title": "", "text": "\"Well, you mentioned McKinsey earlier and that's a consulting firm.  All of them draft from the Ivy's (plus the other top tiers) but it also helps to come from a school that is well known but not an Ivy. (NYU comes to mind)  My friends from CUNY Honors Baruch got jobs in accounting pretty easily as CUNY Baruch has programs set up with different companies and a fairly established network in the accounting field. It's pretty good if all you want to do is accounting.   In my experience, there's less of a \"\"prestige\"\" focus with IB's and accounting firms. The top consulting firms, on the other hand, are quite \"\"prestige\"\" focused. (worked in one that hired 80-90% from top tiered schools)  It's hard to put an umbrella statement over everything because there are exceptions. And, networking can trump everything.  You should be less concerned about schools and more about grades. A brand name won't help if you have an average GPA. To that point, take a major you'd do well at. Statistics, computer science, mathematical engineering are in demand but your major won't help if the work is too difficult/uninteresting leading to lower grades.\""}
{"_id": "254796", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/08/04/pharma-bro-martin-shkreli-convicted-in-federal-fraud-case.html) reduced by 78%. (I'm a bot) ***** &gt; Shkreli&amp;#039;s lead lawyer, Benjamin Brafman, told a group of journalists, &amp;quot;I hope tomorrow&amp;#039;s reports inform the public that Martin Shkreli went to trial and despite being Martin Shkreli he won more than he lost.\"\"  &gt; Shkreli was acquitted of that charge, conspiracy to commit wire fraud, which Brafman referred to as &amp;quot;The money count.\"\"  &gt; &amp;quot;I think we would love to have a complete sweep but five out of eight counts, not guilty, is in our view a very good verdict especially since count seven, the main count that impacts on the loss in this case, that was the most important count in the case from our perspective,&amp;quot; Brafman said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ro8bz/pharma_bro_martin_shkreli_convicted_in_federal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~183505 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Shkreli**^#1 **Brafman**^#2 **count**^#3 **verdict**^#4 **guilty**^#5\""}
{"_id": "254808", "title": "", "text": "caro collega copywriter o aspirante copywriter,  voglio proseguire oggi con la seconda parte della struttura di una lettera di vendita.  Continuo a considerare questa parte di importanza fondamentale perch\u00e9 attraverso questo strumento tutte le capacit\u00e0 e conoscenze di un copywriter trovano il modo di produrre le vendite sperate.  Ero rimasta al secondo punto e ora proseguo.  Il terzo punto nella struttura di una lettera di presentazione \u00e8:  Scarsit\u00e0"}
{"_id": "254819", "title": "", "text": "It would be a glorious conversation! Kinda have a hunch all this bull shit originates from the Russian government. They are the only country that understands how to fight a war in this era. Its not with weapons but seeding ideas and distributing false information to confirm those ideas. They have perfected the art. Things are getting fucked. Anyway, good luck combating that bs in ur country. Ill be fighting the good fight over in the states."}
{"_id": "254832", "title": "", "text": "\"&gt; where I live theres a huge shortage of people in a lot of jobs with low to mid skills and a gigantic surplus of waiters making minimum wage + tips  Can you provide examples of this? Do these \"\"low to mid level\"\" skill jobs require schooling or training, what are the requirements. A waiter just has to show up, what is required to do these jobs and pay wise how do they compare?\""}
{"_id": "254840", "title": "", "text": "&gt;marginal 2% extra in taxes  This is gibberish.  You aren't even using the term 'marginal' in the correct context.  That aside, 2% extra tax solves what exactly? 2% extra of which tax?  Be honest, you pulled that number from absolutely nowhere.  Am I wrong? Let's see that source that shows '2% extra' of some unknown tax is going to solve an unstated problem. All without toooooootally screwing over the teachers pensions, mom and pops and the rest of the lenders that expect you to pay back the money they lent to you.  You are doing nothing more than trying to justify theft of someone's money because you don't want to pay them back. Your debt is someone else's problem, right?"}
{"_id": "254874", "title": "", "text": "Correct. The developers know that and the Fed will still willingly back all these mortgages and the Government is backing all the private insurers who also know their risk is too great in these areas. Private insurers would never insure these homes without the Government backing them.  It is moral hazard gone wild."}
{"_id": "254876", "title": "", "text": "It's already gone through a big correction, but another crash is a possibility. But if the US economy keeps eroding it's going to become more of a safe haven. Also Goldman Sachs sees it as an investment option, so that's a sign financial houses are interested (and not a good sign for the dollar)."}
{"_id": "254890", "title": "", "text": "So this was entirely voluntary, right? He technically is the highest authority as he has a majority of voting shares. So he could stack the board with whomever he likes and in the long run have any position he wants.   It's cool to see someone do that voluntarily."}
{"_id": "254910", "title": "", "text": "Note, the main trade off here is the costs of holding cash rather than being invested for a few months vs trading costs from trading every month.  Let's start by understanding investing every month vs every three months.  First compare holding cash for two months (at ~0% for most Canadians right now) and then investing on the third month vs being invested in a single stock etf (~5% annually?).  At those rates she is forgoing equity returns of around  These costs and the $10 for one big trade give total costs of $16+$8+$10=$34 dollars.   If you were to trade every month instead there would be no cost for not being invested and the trading costs over three months would just be 3*$10=$30.  So in this case it would be better to trade monthly instead of every three months. However, I'm guessing you don't trade all $2000 into a single etf.  The more etfs you trade the more trading more infrequently would be an advantage.  You can redo the above calculations spliting the amount across more etfs and including the added trading costs to get a feel for what is best.  You can also rotate as @Jason suggests but that can leave you unbalanced temporarily if not done carefully.  A second option would be to find a discount broker that allows you to trade the etfs you are interested in for free.  This is not always possible but often will be for those investing in index funds.  For instance I trade every month and have no brokerage costs. Dollar cost averaging and value averaging are for people investing a single large amount instead of regular monthly amounts.  Unless the initial amount is much much larger than the monthly amounts this is probably not worth considering. Edit: Hopefully the above edits will clarify that I was comparing the costs (including the forgone returns) of trading every 3 months vs trading every month."}
{"_id": "254933", "title": "", "text": "**SeaWorld: Animal rescue and rehabilitation program**  SeaWorld operates its conservation program in cooperation with the Department of the Interior, National Marine Fisheries Service and state agencies; its rescue and rehabilitation program was developed to comply with the Marine Mammal Protection Act of 1972 and the Endangered Species Act of 1973. Since its inception SeaWorld Parks &amp; Entertainment has rescued or helped more than 29,000 animals, including ill, orphaned or abandoned and injured manatees, dolphins, pilot whales, sea turtles, and birds. As part of its animal rehabilitation program, SeaWorld has claimed the first birth of a killer whale in captivity, the first birth of a marine mammal via artificial insemination, and the first hatching of captive green sea turtles. While acknowledging the value of these programs, critics and animal rights advocates have questioned SeaWorld's balance of conservation and education alongside the commercial activities of its theme parks.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "254937", "title": "", "text": "&gt; Too much work for me.  Agreed. That's why I just make sure I keep the daily minimum in there at all times and I don't have to worry about it. I think our fee is $45/mo, so I'm not willing to waste $540/yr. I contemplate moving to a credit union, but I don't like the idea of having to update dozens of accounts, bill pay, direct deposits, etc."}
{"_id": "254941", "title": "", "text": "\"eg.  &gt;For the past few hundred years, the financial system has been civilization's primary game for producing, distributing, and allocating output  No. Finance does not itself produce anything. It only allocates production.  &gt;Only banks can create bank notes by making loans to individuals, businesses, and governments.  Actually, anyone can loan to anyone.  &gt;The more loans banks make, the more bank notes in existence.  Since interest is charged on every loan, if banks don't continually increase lending to produce more bank notes, the financial game collapses.  This isn't a game, this is how the government actually operates.  &gt;As advances in automation, robotics, and other efficient technology are replacing the need for people to labor, it is becoming impossible for banks to make enough legitimate loans to keep the game going.  The interest rate has been pinned artificially low for a long time by the government. Intelligent financiers with actual skin in the game would be fine if they weren't forced to take on debt at a sub prime rate to get some pro-student-loan pro-\"\"affordable\"\"-housing politician reelected.  &gt;Due to insufficient lending/bank note growth, large numbers of people can't find jobs or get money. Without jobs or access to money, people are financial slaves in the financial game.   The lack of jobs has something to do with the fed printing billions and billions of dollars a month, but it's not because they're printing too much....   And then the author starts talking about how information is going to satiate our energy needs. As if energy is something that we can think our way into abundance of.\""}
{"_id": "254947", "title": "", "text": "I'd focus more on duties related to being an assistant such as time management, organization, project management, why your service was so great, etc. and less on finances. He obviously knows you're a waitress and probably isn't expecting you to recreate an income statement from memory."}
{"_id": "254958", "title": "", "text": "Yes, you get a refund but only in a couple of states. If you are visiting Louisiana (e.g. New Orleans), there is sales tax refund on tangible items purchased at tax-free stores and permanently removed from the United States (http://www.louisianataxfree.com) . Clothes, shoes, makeup.. these are all items you can claim a tax refund for. Alas, I believe only Louisiana and Texas (http://taxfreetexas.com/) have this, it might be good to know if you are going there. In some states (Alaska, Delaware, Montana, New Hampshire and Oregon I believe) there is no sales tax at all.  You do not pay anything at customs for gifts purchased when you leave the United States."}
{"_id": "254962", "title": "", "text": "We distribute movies, music, and games digitally and yet many publishers still think that books need to be distributed via ink on paper.  Books which can be distributed quickly and cheaply in digital format since they consist of relatively little data and can be displayed on cheap low power devices."}
{"_id": "254968", "title": "", "text": "Cancelled cards don't fall off the system for a long time, up to ten years. Card terms change, with notice of course, but it can happen at any time.  I had a card with a crazy perk, 5% back in Apple Gift cards. This was pre-iPod days, but it was great to get a new computer every two years for free. But it was short lived. Three years into it, the cards were changed, a no-perk card from the bank. That is now my oldest account, and it goes unused.  Instead of holding cards like this, I wish I had flipped it to a different card years ago. Ideally, your mix of cards should provide value to you, and if they all do, then when one perk goes away, it's time to refresh that card.   This is a snapshot from my report at CreditKarma. (Disclosure, I like these guys, I've met their PR folk. I have no business relationship with them) Elsewhere on the page it's noted that average card age is a 'medium impact' item. I am 50, but I use the strategy above to keep the cards working for me. My current score is 784, so this B on the report isn't hurting too much. The tens of thousands I've saved in mortgage interest by being a serial refinancer was worth the hit on account age, as was the credit card with a 10% rebate for 90 days, the 'newest account' you see in the snapshot.  In the end, the score manipulation is a bit of a game. And some of it is counter-intuitive. Your score can take a minor hit for actions that would seem responsible, but your goal should be to have the right mix of cards, and the lowest interest (long term) loans."}
{"_id": "254999", "title": "", "text": "or is this a form of money laundering? May not be, generally the amounts involved in money laundering are much higher. So if there are quite a few such transactions then yes it could be money laundering. It could also be for circumventing taxes, depending on country regulations one may try to do this to get around gift taxes etc. In this specific case it looks more of link harvesting / SEO optimization. Take a low cost item that is often searched and link to other product. if you see the company link on Amazon; Cougar takes you to shoes. So maybe on its own Cougar shoes does not rank high, so link it with similar name brand in different segment and try to boost the link."}
{"_id": "255010", "title": "", "text": "Why? Payment for the single most expensive weapons system on Earth, which still does not allow a pilot to fire the gun on the aircraft.  FFS, it would have been cheaper simply to keep churning out F22s.  America; you are seriously fucked up when it comes to the Military Industrial Complex. Hell, *your own fucking president warned against allowing the MIC to take over the government, and you ignored him. Now it's happened.*"}
{"_id": "255029", "title": "", "text": "Yes.  I passed the CFA Level 1 with three months of studying with only a BS in Economics and a career as a Financial Advisor.  I took a local review course with my local CFA chapter in San Francisco, then sprang for some test question banks and just plowed through them.  Anytime I missed a question, I reread the section on that question, wrote out an index card to drill the concept, drilled the concepts for awhile, and then took the test questions again.  Good luck."}
{"_id": "255041", "title": "", "text": "When you register for the exam, the CFA Institute sends you the CFA curriculum (a self-contained set of books and practice problems - it's +2,000 pages per exam).   You can have zero knowledge of finance, study the given material, and then pass the exams. This being said, it will help if you begin to develop a passion for financial markets as you learn and try to apply your lessons.  Yes, I believe the CFA Charter (or pursuit of it) is a good signal to prospective employers especially if you are trying to make a career switch."}
{"_id": "255044", "title": "", "text": "\"All who think that the magical \"\"Title II\"\" is going to 'fix' this *are being played*.  All one has to do is consider the *old* (pre-1983) AT&amp;T that was an absolute, vertically integrated monopoly, *and a 'common-carrier'* **at the same time**.  \"\"Net Neutrality\"\" will *never* be 'solved' by regulatory agencies; there need to be *laws* to make it happen, on the order of an updated [Sherman Antitrust Act](https://www.britannica.com/event/Sherman-Antitrust-Act) improved with iron-clad definitions not subject to judicial 'penumbras'.  BONUS: You *don't* want the internet to be under Title II anyway; that's what brought us monstrosities like the \"\"fairness\"\" doctrine, and will impose *the same type of censorship as affects Radio and TV now* on the Internet.\""}
{"_id": "255045", "title": "", "text": "As littleadv says it depends on the local laws.   Normally one shouldn't be too worried. Typically the stocks given to the employees are a very small portion of the overall stocks ... the owners would not try to jeopardize the deal just so that they make an incrementally small amount of money ... they would rather play safe than get into such a practice."}
{"_id": "255051", "title": "", "text": "The techs didn't plug them into the goddamned centrifuge controllers,  otherwise only one would be destroyed then. They were all networked and a different network computer had the drive plugged in and infected the centrifuges. The exact same attack vector would work against atms"}
{"_id": "255086", "title": "", "text": "Excellent summary. I'm going to steal the analogy as it is related to how I discuss the problems of austerity to people convinced it is fiscally conservative and the right thing to do when in a poor income generating situation. (I usually explain the difference as going into debt to fund better education or skills in well-researched high-demand areas, and thereby improve your earning potential, versus cutting spending until you are living in a box eating cat food thereby making it harder to get back on your feet.)"}
{"_id": "255096", "title": "", "text": "Uber has to be first to create a self driving taxi fleet and maybe even keep the option of a human driver for the prices they *actually* want to charge(for profitability). I'm sure there will be pushback from Luddites and people who (understandably imo) don't trust a computer with their lives."}
{"_id": "255097", "title": "", "text": "Liquidity on dual listed equities is rarely the same on both exchanges. More liquidity means you would typically get a better price assuming you execute the trades using the same order types. It's recommended to trade where the liquidity is greater unless your trading method benefits somehow from it being lower. It's important to remember that some ADRs (some European companies listed in US) have ADR fees which vary. USD/EUR transaction fees are low when using a decent broker but you're obviously participating in the currency risk."}
{"_id": "255099", "title": "", "text": "For me, the two reviews made me reconsider my interest in Tesla, which makes them quite unfavorable.  Even if Tesla takes care of the issue quickly and gave me a loaner, it's still hours if not a day that I wouldn't have a drivable car.  And I'd have had to call customer support, wait, be there when the car is picked up for service, etc.  All while waiting to go to work/store/for a drive with family.  I'd much prefer to own a car that just didn't get problems for the first few years.  Looking at other people's experience with Camries and Priuses and even Malibus, (and my admittedly short experience with our own Camry so far), that's not an unreasonable expectation.  Since these two reviews switched me from being interested in Tesla to being apprehensive, I'd say that they were quite unfavorable."}
{"_id": "255101", "title": "", "text": "\"(Disclaimer: I am not an accountant nor a tax pro, etc., etc.) Yes, a Canadian corporation can function as a partial income tax shelter.  This is possible since a corporation can retain earnings (profits) indefinitely, and corporate income tax rates are generally less than personal income tax rates.  Details: If you own and run your business through a corporation, you can choose to take income from your corporation in one of two ways:  as salary, or as dividends. Salary constitutes an expense of the corporation, i.e. it gets deducted from revenue in calculating corporate taxable income.  No corporate income tax is due on money paid out as salary.  However, personal income taxes and other deductions (e.g. CPP) would apply to salary at regular rates, the same as for a regular employee. Dividends are paid by the corporation to shareholders out of after-tax profits.  i.e. the corporation first pays income tax on taxable income for the fiscal year, and resulting net income could be used to pay dividends (or not). At the personal level, dividends are taxed less than salary to account for tax the corporation paid.  The net effect of corporate + personal tax is about the same as for salary (leaving out deductions like CPP.) The key point: Dividends don't have to be paid out in the year the money was earned.  The corporation can carry profits forward (retained earnings) as long as it wants and choose to issue dividends (or not) in later years. Given that, here's how would the partial income tax shelter works: At some point, for you to personally realize income from the corporation, you can have the corporation declare a dividend. You'll then have to pay personal income taxes on the income, at the dividend rates.  But for as long as the money was invested inside the corporation, it was subject only to lesser corporate tax rates, not higher personal income tax rates.  Hence the \"\"partial\"\" aspect of this kind of tax shelter. Or, if you're lucky enough to find a buyer for your corporation, you could qualify for the Lifetime Capital Gains Exemption on proceeds up to $750,000 when you sell a qualified small business corporation.  This is the best exit strategy; unfortunately, not an easy one where the business has no valuable assets (e.g. a client base, or intellectual property.) * The major sticking-point:  You need to have real business revenue!  A regular employee (of another company) can't funnel his personally-earned employment income into a corporation just to take advantage of this mechanism.  Sorry. :-/\""}
{"_id": "255102", "title": "", "text": "You miss the step where the return being doubled is daily. Consider you invested $100 today, went up 10%, and tomorrow you went down 10%. Third day market went up 1.01% and without leverage - got even. Here's the calculation for you: day - start - end 1      $100    $120  -  +10% doubled 2      $120    $96   -  -10% doubled 3      $96     $97.94 - +1.01% doubled So in fact you're in $2.06 loss, while without leveraging you would break even. That means that if the trend is generally positive, but volatile - you'll end up barely breaking even while the non-leveraged investment would make profits. That's what the quote means. edit to summarize the long and fruitless discussion in the comments: The reason that the leveraged ETF's are very good for day-trading is exactly the same reason why they are bad for continuous investment. You should buy them when there's a reasonable expectation for the market to immediately go in the direction you expect. If for whatever reason you believe the markets will plunge, or soar, tomorrow - you should buy a leveraged ETF, ride the plunge, and sell it in the end of the day. But you asked the question about volatile markets, not markets going in one direction. There - you lose."}
{"_id": "255107", "title": "", "text": "SECTION | CONTENT :--|:-- Title | \u041a\u0430\u043a \u043c\u043e\u0436\u043d\u043e \u0431\u044b\u0441\u0442\u0440\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0411\u0438\u0442\u043a\u043e\u0438\u043d? \u041c\u0430\u0439\u043d\u0438\u043d\u0433 \u0421\u0430\u0442\u043e\u0448\u0435\u0439 Bitcoin. \u0421\u0430\u0439\u0442\u044b \u043f\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0443 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b 2017 Description | \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445: | Elitemining: https://goo.gl/a1UEKz | Cryptostar: https://goo.gl/fQdECh =========================================== \u00a6 \u0411\u0438\u043d\u0430\u0440\u043d\u044b\u0435 \u043e\u043f\u0446\u0438\u043e\u043d\u044b \u041e\u043b\u0438\u043c\u043f \u0422\u0440\u0435\u0439\u0434 https://goo.gl/DKryBH ====== \u0412\u0441\u0442\u0443\u043f\u0430\u0439\u0442\u0435 \u0432 \u041c\u043e\u044e \u043a\u043e\u043c\u0430\u043d\u0434\u0443! =============== \u00a6? \u041c\u043e\u044f \u0433\u0440\u0443\u043f\u043f\u0430 https://vk.com/criptovaluta2016 ====== \u041a\u0430\u043a \u0441\u0432\u044f\u0437\u0430\u0442\u044c\u0441\u044f \u0441\u043e \u043c\u043d\u043e\u0439 =============== \u00a6? \u042f \u0432 VK \u21161: https://vk.com/a.alex81 \u00a6? \u042f \u0432 \u041e\u0434\u043d\u043e\u043a\u043b\u0430\u0441\u0441\u043d\u0438\u043a\u0430\u0445: https://ok.ru/alex6373 \u00a6? \u042f \u0432 Facebook: https://www.facebook.com/Alex6373 \u00a6? \u041c\u043e\u0439 Skype: samara... Length | 0:04:36           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "255110", "title": "", "text": "Thanks for the link to the Financial Consumer Agency of Canada, @ChrisW.Rea. It explained in clear terms that I can withdraw money from and transfer money to the line of credit any time I want. The only monthly payment needed is the minimum payment. And yes, it may have a term after which all remaining principal + interest must be paid back in full. Similar to a credit card, as you pay off your line of credit, you can   draw on it again, up to the limit you are allowed. However, a key   difference between a line of credit and a credit card is that with a   line of credit there is no interest-free grace period. You will have   to pay interest on the amount you borrow from the day you take the   money out. You will receive a monthly statement that shows the amount that you   owe on your line of credit. You must make at least a minimum payment   on that balance every month. (n.b. Specific terms and conditions for lines of credit vary from institution to institution.)"}
{"_id": "255171", "title": "", "text": "&gt;Umm actually asking to be refinanced at a lower rate IS asking them to forgive/give up part of the mortgage.   Either my knowledge of finance is wrong or how interest rates work is wrong if that statement is true.   Here is why your statement is not true:  * The interest rate is money the bank makes on the loan.   For example, say you buy a home valued at $250,000, put 10% down and your interest rate is 5% for 30 years.   Well now you've got a mortgage ($225,000) that you pay $1,207.85 monthly. Now expand this out to 30 years, which means you'll make 360 payments for a total balance of $434,825.5. So even though you have a mortgage of $225,000 and your home is only valued at $250,000 due to the interest rate on that loan, you will  be giving the bank $209,825.5 in profit for that $225,000 loan.   Refinancing the loan at a lower rate is not debt forgiveness or a write off.   &gt;Peoples greed in getting themselves into upside down mortgages are why we have problems, not the banks not helping them out enough.  Actually it's the bank's greed which is wanting to keep the homeowner at the higher interest rate because it will make them more money over the long run. If the bank was to reduce the interest rate on the loan, they would be reducing their potential profits.   And now you know why I support non profit banks."}
{"_id": "255178", "title": "", "text": "\"&gt;&gt; Because if you are against Trump, you must(!) be for Hillary or the DNC or both. &gt; Nope and I think this attitude is the core problem with American politics.  I agree with you that, mostly due to fake-news and terrible \"\"journalism\"\", tribalism is the new way for American politics and people: either you against Trump, or not.  So, are you against Trump? Yes or no?  It seems you are against Trump, on every front, and that would be Ok if you could show examples of actions by Trump that are not good, or, actions you don't agree with.  &gt;&gt; Medicare Part-D   So, even according to you, Trump wants to reduce drug prices but now, according to VOX (known fake-news anti-Trump \"\"news\"\" site) \"\"he oppose free-market principles\"\" to reduce drug prices. Well, the amendment by Collins and McCaskill was passed last month and is sitting Trump's desk to be signed soon.  Honestly, I am not clear exactly how it works, but it's McCaskill is a democrat. So, I have no clue what VOX is talking about, and it seems that after many years of no action (Obama and Bush), Trump may do something about this.\""}
{"_id": "255193", "title": "", "text": "You will probably never see it.  The startup at some point may start issuing dividends to the shareholders (which would be the owners, including you if you are in fact getting equity), but that day may never come.  If they hire others with this method, you'll likely lose even that 5% as more shares are created.  Think of inflation that happens when government just prints more money.  All notes effectively lose value. I wouldn't invest either, most startups fail. Don't work for free on the vague promise of some future compensation; you want a salary and benefits.  Equity doesn't put food on your table."}
{"_id": "255203", "title": "", "text": "My gut reaction is to agree with you. Then I realize that I'm shopping for a laptop that would have been a supercomputer ten years ago and planning to spend about $500. I think there's going to be a tipping point in 3D printing where it will just explode. And with the platform vendors locking their platforms down, figure a lot of the hobbyists are going to explode in that direction.   Pick the date you think we'll be able to print an electric motor (or at least the parts so it can be assembled) and I wouldn't be shocked if by that date some geek has actually printed him/herself a car."}
{"_id": "255215", "title": "", "text": "\"It's not a touch phone - but it has the trackpad instead of the trackball and it's got the QWERTY keyboard. The phone also runs on RIM's OS7 software.   It is VERY light and sleek. The old blackberry phones look like bricks next to it. I'm pretty sure the battery makes up 3/4 of the weight in the phone.   Along with the normal BB security - you can encrypt the memory card and device memory with a 250 character key randomly generated. You need to do both \"\"Device Password and Device Key\"\" to have the strongest encryption/security. The phone also has a firewall. You can set up VPN's with the phone if necessary too.   The App world is getting better - but if you have a blackberry your probably not looking for apps.   Basically, I'm pretty impressed with it and I have always loved Blackberry. I'll take it over the iphone or android any day!   Sprint has the Blackberry Curve 9350's. The other models are 9360 and 9370. Not sure who else carries the new phones.\""}
{"_id": "255249", "title": "", "text": "&gt;Why not talk about services? Why should I pay more for services. It's not like more income means I use the roads and bridges more. More income doesn't mean more kids that need public education. More income doesn't mean I use fire services more.  actually it does, your ability to make more kinda depends on the ability of others to provide their skill, or their ability to purchase more or if you own a business you need the fire service to protect your business operating during/after a crisis as well as your home.  this is kinda how the economy works.  &gt;If you ask me, I'd rather people just pay for the services they use. Have kids? Then you pay for their school. Drive 60 minutes to work, then you pay more than someone that drives 10 minutes.  except its much cheaper for everyone if it is all bound up together, and provided by the government.  seriously the arguments you are making are retarded like sitting in the back of the classroom eating glue retarded there is a reason that no country emphasis on NO COUNTRY does it the way you are saying, and that is because it was done this way a couple of hundred years ago and we moved on from that because it doesn't work as well.  I understand the anti big government argument, its just that it is taken to such an extreme now that its just stupid."}
{"_id": "255252", "title": "", "text": "Here are my re-run figures.  Not counting capital gains taxes, I calculate you need to be making 1.875% per annum or 0.155% per month on your $8,000 investment to break-even on the loan.  It's interesting that the return you need to gain to break-even is less than the interest you're paying, even with commission.  It happens because the investment is gaining a return on an increasing amount while the load is accruing interest on a decreasing amount.    Ref. r, logarithmic return"}
{"_id": "255261", "title": "", "text": "\"bootstrapped? When did \"\"bootstrap\"\" become a fucking verb?  Her entire blog reads like a bad Amway pitch from the 90s and gives absolutely no indication of what she actually does, just some vague bragging about how much her (projected) gross income is.\""}
{"_id": "255277", "title": "", "text": "When you leave an employer, 401(k) loans are immediately due (or within 30 days or 60 days). So maybe they are waiting to see if you will pay off your loan. If you wanted to transfer the loan as well, you need to talk to your new 401(k) plan administrator to find out if this even possible. If they say No and you don't pay off the loan, it will count as a premature distribution from your old 401(k) plan and possibly be subject to excise tax in addition to income tax."}
{"_id": "255281", "title": "", "text": "Any profits you realize are considered a long term capital gain by the IRS since you have held the asset for longer than a year. The IRS guidance on virtual currency considers bitcoins to be a form of personal property. Gains from selling bitcoins are considered a capital gain. See the IRS guidance on reporting capital gains (Schedule D)."}
{"_id": "255283", "title": "", "text": "&gt; Really, it boggles my mind that anyone of that rank would think he can get away with it.   To me, the fact that they thought they could get away with it suggests that in their circles, people usually do get away with it.  There was [a great article](http://www.newyorker.com/reporting/2011/06/27/110627fa_fact_packer) about Raj Rajaratnam (the guy Rajat Gupta leaked secrets to) in the New Yorker last year. Reading that, it seemed like a widespread practice, with these guys getting caught mainly because they took it way too far.  Then again, I know sod all about the finance industry, so I could be entirely wrong."}
{"_id": "255286", "title": "", "text": "Maximize profit for investors - get boycotted  Lobby for lower taxes - get boycotted  in other words, follow the law - get boycotted.  Reddit wants state ownership of everything, dont kid yourselves.  The only take away from this beyond that is that the collectivist idiots trying to boycott do not have the willpower to accomplish anything anyway."}
{"_id": "255299", "title": "", "text": "\"What exactly is your \"\"fair share\"\" of what \"\"someone else\"\" has worked for? - Thomas Sowell  If socialism was such a great idea, why does it needs to be enforced?   Bottom line: Socialism and even Communism only worked in one place - the Israeli Kibbutz, where people joined out of free will, and expelled for not participating. Now look at the status of the Israeli Kibbutz today.  Lastly, some basic services offered to the public (\"\"socialism\"\") are good. Not much beyond that. Capitalism works on it's own and allows that.\""}
{"_id": "255311", "title": "", "text": "Not sure how that article answers the question.  But, I answered it myself.  The theater will get paid for each and every ticket, that is why MoviePass is forecasted to lose money.    But the reason why theaters don't like it for long-term reasons-- [good article that explains why](https://www.forbes.com/sites/sethporges/2017/08/16/with-unlimited-movie-outings-at-10-per-month-theaters-are-right-to-be-scared-of-moviepass/#785d794e6f69)"}
{"_id": "255319", "title": "", "text": "Yes, you would.  You owe it to the person you borrowed the shares from. (source)"}
{"_id": "255325", "title": "", "text": "But I hear that an International Business degree is not so great, does that matter once you have a masters in A&amp;F? Also, if i plan on working in the US, is a degree obtained in the US favored over an EU degree? Or is the uni that i went to more important? Thank you"}
{"_id": "255329", "title": "", "text": "You cannot do this as per the reasons mentioned by others above, mainly foreign banks cannot hold mortgages over properties in other countries.  If this was possible to do, don't you think many others would be applying overseas for mortgages and loans. And even if it was possible the overseas bank would give you a comparative rate to compete with the rates already offered in Australia (to compensate with the extra risks). If you cannot afford to purchase a property at record low rates of below 5% in Australia, then you may want to re-think your strategy."}
{"_id": "255331", "title": "", "text": "In normal cases you don't need it beyond 3-6 months. Beyond this destroy it. However in certain cases its required to be kept; For example if you need to prove that you are legally occupying a place/property and do not have relevant documents, the utility receipts can play a role in establishing that you were occupying a place and using it. In case you are not originaly a resident by birth, and your citizenship is at dispute, these records help. More so if the records are not maintained properly by the utitlity companies themsleves as in most developing countries. In India, these help for many individual who are occupying goverment properties for decades and then resolution is passed that people staying for past 25 yrs now own it, other become illegal and are evicted. For such cases, you could keep a history record say one per year, for past 5 years, and then one for every 5 year of a particular month ... basically in a systematic way. Other than that, just junk them."}
{"_id": "255333", "title": "", "text": "You sound like a 1970's Italian claiming that American cars are bad because they are only fast in a straight line. Literally just fan-boy whining.   But Mustangs never stopped, while Alfa and Fiat were gone a few years later.  I'm looking forward to the all-electric Corvette and Camaro."}
{"_id": "255364", "title": "", "text": "Spoken like a true realist. Personally I don't mind, it's not like this sub is stacked daily with a page of new posts. If you don't fancy reading about someone's career pains, you don't have to read it.    Edit:shitty phone keypad typing + beer"}
{"_id": "255367", "title": "", "text": "Is this RRSP through your company? If not, then you should be able to transfer the assets from GWL to CIBC using an RRSP transfer authorization form initiated through CIBC. Once your SD RSP account is set up at CIBC, use their transfer form. There is also a universal form T2033 if CIBC doesn't have one themselves. Beware of transfer out fees at GWL."}
{"_id": "255388", "title": "", "text": "AMD is great for a number of reasons, not the least of which is they aren't Intel. Competition is important, and if AMD didn't exist there would be no competition in the primary CPU marketplace.  It's our good luck that AMD is also a good company and produces a good product. They deserve to find continued success."}
{"_id": "255390", "title": "", "text": "\"UCLA is not a bad place to be school wise. You will be pretty much limited to applying to the LA and possibly SF offices of any BB bank or relevant boutiques/MMs. But for those LA positions in particular, you will get a fair look. So your institution is respected.  Your experience also seems to be decent, especially considering you spent time at a community college. It all matters how you market it. Be humble but don't sell yourself short. Don't claim you founded Yahoo, but also give an honest view of what you did. You can be proud of founding a distribution company and learning the business practices that go hand in hand with that. Both on your resume and in any interviews you may have, discuss how your experiences in that role will help you be a better intern and in the future a better analyst. Mostly intangibles, skills you learned, etc. The same goes for the other position, although the wealth management position probably has more applicable skills. So don't sell yourself too short in that department. Just lend an appropriate level of importance to the positions you've held; don't overstate your positions but also give yourself credit for what you've learned and what you've done.  As far as your performance at UCLA so far and GPA, that might be a concern, but I think you can overcome it with enough work on your part during recruiting. I assumed your story from high school through community college and to UCLA is a fairly challenging one. It likely involved some financial hardships and a good deal of adversity. Most importantly, it probably took a lot of perseverance and hard work on your part to get to where you are now. If you can amply convey that during interviews without sounding like a martyr, you can likely overcome any downside to not having a GPA. Clearly you were able to get to UCLA from a tough starting point, which demonstrates the combination of hard work and intelligence that a GPA is meant to convey and which banks look for in applicants. Additionally, interviews occur in January so you will have one semester's worth of work to show for it by then and when interviews come around you'll be able to conjoin the story of your journey to UCLA to your first semester GPA to lend some credibility to your historical successes.  Now, a lot of what I've said is contingent on you getting to an interview. Before that stage, it is hard to sell the merits of your alternative path to UCLA and to the interview on paper. You have the cover letter to make brief mention of those things, but the cover letter is far too short a medium through which to convey the entire story. So, getting yourself into the interview is the most important step you have to take at this point. Once you get your foot in the door and get a few first rounds, you'll be able to let your salesmanship shine and show them the merits of the path you've travelled.  An important step of getting the interview will be networking. Everyone on here says \"\"just go network\"\" which is really vague and doesn't help anyone, especially because it is the most heinous of all collegiate finance buzzwords. You should contact specifically two groups of people: alumni working in the banks you are interested in apply for AND the bank HR representatives for your school. You ought to talk to the UCLA career services people as soon as you can and get names of UCLA graduates who work at the banks you're interested in. Career services also ought to have the names of the relevant HR representatives. Both the employees at these banks and the HR recruiters will have an important voice in who gets interviews, so make sure you talk to both of them. You should be inquisitive and ask about the bank and the experiences those you talk to have had, but you can also try to creatively weave in details about your story. I.e., when talking to someone you could bring up concerns about getting looked at because of your background and then ask whoever you're speaking with WHAT YOU CAN DO TO OVERCOME THAT. It should always be phrased as a question, so as to avoid seeming as if you're trying to sell yourself or brag during any informational calls. The purpose of the calls should be to talk about the bank and the job, so try as best you can to work in limited mention of yourself unless specifically asked and focus the discussion on the employee/recruiter and not yourself.  You should also work to learn all the finance information you'll need for the job. Being that you have a nontraditional finance background and limited academic credentials, you will be asked extensive financial information questions if not during any informational calls definitely during first round interviews. Your knowledge of and commitment to a financial job is uncertain due to your academic background, so people will ask you basic to slightly more advanced financial analysis questions to see where your competency is at. Study up in the vault guide, with a particular focus on the fields you will be applying for. Understand DCF, LBO, M&amp;A accretion-dilution, and financial statement analysis primarily (for IB internships). Learn specifics for other roles (Equity research may require more equity specific stuff, cap markets will be similar to IB as listed above, S&amp;T will be less specific prep and more bainteasers/fast math). Prepare a stock pitch of some sort as well in case they ask you for one, and pick something obscure-ish so that it won't be too closely scrutinized. Stock pitch will come up randomly in interviews and specifically if you apply to equity research.  In that same vain of thought, you should also think a bit about what group you want to apply to at these banks. Its good you have an interest in finance and in banking, but there are a lot of facets to the banking industry which you could pursue (traditional investment banking, capital markets, sales and trading, equity research, asset management, to name a few). Some are easier to wedge you way into, others harder (I have them listed in rough order of difficulty from hardest to easiest above). You can usually apply to a couple of different groups at each bank, so take advantage of that and definitely apply to multiple groups, talk to multiple groups, network with multiple groups and try to spread yourself around and get as many interviews as possible.  TL;DR: you've got a decent product for sale here, but you'll need to polish up you pitch and learn financial skills to back up the story and prove you're competent and serious to an interviewers. While you do that, reach out to UCLA alumni in the banking industry and the HR recruiters for the banks to get your name in front of people and work toward securing a first round interview. Networking in this way is going to be the most important part of recruitment for you over the next 3-5 months.\""}
{"_id": "255393", "title": "", "text": "Sorry. As far as I know, a person's SS is the only way to establish credit. This is the first thing they ask whenever you apply for any service in the US."}
{"_id": "255396", "title": "", "text": "Unless you have a lot of money to get rid of you should spend at least a year trading with a dummy account. It takes a long time to work out what is gong on and your training will get very expensive if you start using real money. Don't start trading with real money until you : Have a strategy. Never trade on a whim. Only trade if your strategy says it is time to trade. Are able to stick to that strategy. It is amazing how easy it is to stray from your strategy just because you feel it is right or you have to try to make up some losses. You will lose money doing this. You are making significant profits for at least 6 months using 1. and 2. with your dummy account. Even after all this, you will probably still lose money. Make sure you only trade with money you can afford to lose. ie. Never trade with this months rent money."}
{"_id": "255414", "title": "", "text": "Buying a house may save you money compared with renting, depending on the area and specifics of the transaction (including the purchase price, interest rates, comparable rent, etc.). In addition, buying a house may provide you with intangibles that fit your lifestyle goals (permanence in a community, ability to renovate, pride of ownership, etc.). These factors have been discussed in other answers here and in other questions. However there is one other way I think potential home buyers should consider the financial impact of home ownership: Buying a house provides you with a natural 'hedge' against possible future changes in your cost of living. Assume the following: If these two items are true, then buying a home allows you to guarantee today that your monthly living expenses will be mostly* fixed, as long as you live in that community. In 2 years, if there is an explosion of new residents in your community and housing costs skyrocket - doesn't affect you, your mortgage payment [or if you paid cash, the lack of mortgage payment] is fixed. In 3 years, if there are 20 new apartment buildings built beside you and housing costs plummet - doesn't affect you, your mortgage payment is fixed. If you know that you want to live in a particular place 20 years from now, then buying a house in that area today may be a way of ensuring that you can afford to live there in the future. *Remember that while your mortgage payment will be fixed, other costs of home ownership will be variable. See below. You may or may not save money compared with rent over the period you live in your house, but by putting your money into a house, you have protected yourself against catastrophic rent increases. What is the cost of hedging yourself against this risk? (A) The known costs of ownership [closing costs on purchase, mortgage interest, property tax, condo fees, home insurance, etc.]; (B) The unknown costs of ownership [annual and periodic maintenance, closing costs on a future sale, etc.]; (C) The potential earnings lost on your down payment / mortgage principal payments [whether it is low-risk interest or higher risk equity]; (D) You may have reduced savings for a long period of time which would limit your ability to cover emergencies (such as medical costs, unexpected unemployment, etc.) (E) You may have a reduced ability to look for a better job based on being locked into a particular location (though I have assumed above that you want to live in a particular community for an extended period of time, that desire may change); and (F) You can't reap the benefits of a rental market that decreases in real dollars, if that happens in your market over time. In short, purchasing a home should be a lifestyle-motivated decision. It financially reduces some the fluctuation in your long-term living costs, with the trade-off of committed principal dollars and additional ownership risks including limited mobility."}
{"_id": "255429", "title": "", "text": "Good. Supply and demand! Free markets. Yada Yada yada. Pay up. This reminds me of farmers that say they can't get americans to pick apples. They could if they paid $35 and hour. Of course then the argument goes 'no one will pay $15 for a bag of apples'. Great! Then the market has spoken and apples are not in demand enough to be marketed. Just like solid gold plumbing."}
{"_id": "255442", "title": "", "text": "\"**Betteridge's law of headlines**  Betteridge's law of headlines is one name for an adage that states: \"\"Any headline that ends in a question mark can be answered by the word no.\"\" It is named after Ian Betteridge, a British technology journalist, although the principle is much older. As with similar \"\"laws\"\" (e.g., Murphy's law), it is intended as a humorous adage rather than the literal truth.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.23\""}
{"_id": "255450", "title": "", "text": "Many drug developments are not finding cures for new diseases but finding better drugs/ways to improve existing ones.  That's why you have a ton of anti inflammatory drugs, each with a purpose. Even then, each drug, like dexamethazone can be in development to treat something else. Or even in development on how to improve safety/efficacy.  Funding these are unbelievably expensive. Wages for scientists, contractors, equipment..etc, and cost of failed drugs are immense. Keeping shareholders happy may be essential to keep the fundings coming."}
{"_id": "255455", "title": "", "text": "Try wallstreetsurvivor.com It gives you $100k of pretend money when you sign up, using which you can take various courses on the website. It will teach you how to buy/sell stocks and build your portfolio. I am not sure if they do have Options Trading specifically, but their course line up is great!"}
{"_id": "255463", "title": "", "text": "You can register with an online broker. You can usually join most online brokers for free and only have to fund your account if you decide to place a trade. You may also check out the website of the actual companies you are interested in. They will provide current and historic data of the company's financials. For BHP you can click on the link at the bottom of this webpage to get a PDF file of past dividends from 1984."}
{"_id": "255479", "title": "", "text": "I meant mathematics as a class not as a subject. I like mathematics I and II, where we are being taught a whole bunch of infinitesimal and differential calculus linear algebra and some more stuff that I can't recall. I really like those classes , maybe because they are easier for me to understand. There have been certain parts of statistics which I got the point and I really liked the looks of it but I let go and now I fell behind. I will try my best to better myself but the semester is over so I am on my own now. Anyways thanks for your help."}
{"_id": "255491", "title": "", "text": "\"Because \"\"my accountant said I'm in the 28% bracket and need more write-offs.\"\" When I hear someone say this I tell them to get a new accountant/advisor/tax guy.  The benefit, if any, is the fact that if, and only if, (a hat tip to @staticx) you are already itemizing your deductions.  It means that for me, my 3.5% mortgage is really costing me 2.625%.  The only effect of this is the when I line up my debts, the mortgage might fall to a lower priority for payback. This is where there's a balance between the choice of a robust emergency fund, earning close to 0% today, or using those funds to pay the mortgage at an accelerated rate.  If the sentiment expressed by the question implies that one should carry a mortgage, needed or not, it really comes down the a question of risk over the long term. I don't suggest that people take a mortgage today to invest in the market. A zero return as we just saw in the '00s will show you that the 10% market return is an average over the very long term. FWIW, the '96-'05 period returned 9.08%, and '06-'13 (2 years short of the 10) 7.26%. Few have the discipline to patiently wait out the dips and see the returns I quoted.  That said, the fact that the interest is deductible is a small factor given the low rates we are currently enjoying.  Each of the points above can be expanded into its own answer. A great question with not-so-simple answers.\""}
{"_id": "255506", "title": "", "text": "I never said they were free markets what I did say is that they have no income tax and it works. If they wanted to fix a lot of those issues they have the budget to do so they just misallocate resources because they don't give a shit. Also that statement You made about the Bahamas is factually incorrect do some research."}
{"_id": "255517", "title": "", "text": "Manufacturer of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php  Shri Vinayak Industries - Our Talc Powder is known for its long shelf life, accurate composition, and free from foreign particles and impurities. It has a perfect basal cleavage and the foliar are non-elastic, although slightly flexible. Soapstone is the softest known mineral listed. Talc mineral has white streaks. The white appearing Talcum Powder supplied and manufactured by us is processed under complete hygienic conditions."}
{"_id": "255519", "title": "", "text": "There's no limitation on what you can invest in, including trading stocks (as long as trading is not a business activity, like day-trading or investing for others). You just need to make sure you have a tax ID (either ITIN or SSN) and pay taxes on all the gains and dividends. Also, consider your home country tax laws, since you're still tax resident in your home country (most likely)."}
{"_id": "255538", "title": "", "text": "The mortgage I got last year through Wells Fargo explicitly indicates in its terms that excess payment will be considered against future payments (i.e., pay $500 extra in January and you owe $500 less in February) unless indicated otherwise. It goes on to state that with electronic payments you do not get to specify where excess payment goes, so excess payment made electronically always goes toward future payments. If you want to make excess payments toward principal, you must actually send them a check and your payment stub, with the appropriate box ticked.  This won't be very different for other major banks, I wouldn't imagine."}
{"_id": "255596", "title": "", "text": "Fun Fact: Illinois is poised to have their credit rating downgraded to junk status. If they fall and NJ continues to decline we could see 5 states with this credit rating withing 5 years. (NJ and CONN are close) with several others slipping as well."}
{"_id": "255620", "title": "", "text": "It's in tax breaks. They arent paying the factory that much, they just aren't charging it. Currently, there is no factory, so why not just give them a break in taxes for the first few years to attract more business which is really good for your people?  Otherwise the factory can open up somewhere else, and it does provide a benefit, so that other state will be happy to not charge them taxes for the first few years."}
{"_id": "255627", "title": "", "text": "\"The rent vs. buy \"\"debate\"\" or strategy has been a really interesting (and surprising) one to me. I can see both sides.  For instance, where I live one of the points on the local politician's platform is that he keeps property taxes low.    There are also significant tax deductions in the current tax code that favor the \"\"early stages\"\" of a primary residence home loan amortization, where the payments are mostly interest.    So such a place might be a more \"\"effective\"\" place to live, to retain the most income for some period of time early in the loan term.     Often places with cheap rent aren't places someone would want to live...you make important points about problems related to that. Places that someone (with enough income to make this strategy significant) *needs* to live aren't always going to be cheap to rent or cheap to own.   For some people in their \"\"prime earning (&amp; investing)\"\" years, this is a significant calculation to consider.\""}
{"_id": "255695", "title": "", "text": "It depends on the person.  i will take turbo tax over any mediocre or poor accountant ANY DAY.  You get consistent, accurate tax preparation with the software (desktop - not the online version) I was in a housing rental partnership with my brothers and one of them insisted on using his accountant...  what a mistake.   I have been using turbo tax for 10+ years and have always been happy. It handles my non trivial situation with ease: I am happy with it but have to admit I don't have a good accountant to compare it to.  I see no reason to go to an accountant except for planning purposes.  Just for tax prep it is more than worth it and more than you will need."}
{"_id": "255703", "title": "", "text": "\"Which option will save you the most money in the long run? That is tough. Assuming you stay healthy, don't lose your job, don't experience a pay cut or any major emergency that drains your savings, then applying the $6000 to the higher interest loan will save you more money in the long run. However, the difference in savings is a few hundred dollars. Not much really. So, in this case, I'd put the $6k towards the smaller loan. Why? Because then you'd pay it off faster. Once that's done, you open up your cash flow by the minimum monthly payment you would have had on that loan.  Assuming they both have the same or similar number of months left, by paying the smaller loan off sooner, you'd open up $X month, where $X is your minimum monthly payment. This could be useful to you if you want to take on some other debt (like buying a house) because it lowers your debt to income ratio. If you put that money towards the higher loan, your DTI won't change until the normal time you would have paid off the smaller loan. Even if you are not looking to purchase anything that requires you to have a lower DTI, paying the smaller loan off sooner increases your cash flow sooner (because your monthly payment on the higher loan doesn't change just because you lowered the balance by $6k). So you'd be more robust to emergencies if your current income doesn't allow for much savings. A major emergency could wipe out all savings from paying down the bigger balance. So, I'd suggest: Edit: TripeHound asked a question, pretty much requesting more details for why I was biased towards paying off the smaller loan first. What follows is my response, with a bit of reorganization: Typically, people asking these questions don't have so much wealth that \"\"which loan to pay first?\"\" is an academic question. They need to make smart financial decisions. While paying the highest interest loan saves the most money in interest - that only occurs under the assumption that nothing bad will ever happen to you until the loans are paid off. In reality, other things happen. Tires blow out, children get sick, you get laid off and so the \"\"best\"\" thing to do is the one that maximizes your long term financial health, even if it comes at the expense of a few $k more interest. Each loan has a minimum monthly payment. Let's assume, barring any windfalls of additional cash, you will just make the minimum payments each month towards a loan. If you pay off the smaller loan first, that increases your available monthly cash flow. At that point, you can put extra towards the other loan. However, if an emergency should come up, or you need to save for a vacation, you can do that, without negatively impacting the second loan, because you'd just drop back to its minimum payment. Putting the money towards the higher balance loan would mean it takes you longer to reach this point as the time to reach payoff on the first loan will not change ($6k only reduces the $25.6k loan to $19.6k) so you never gain the flexibility of additional cash flow until the time you would have paid off the $13.5k originally. I'd rather have a few hundred dollars each month that I can choose to use to make additional loan payments, eat out, pay for car repairs, pay for emergencies than be forced to dip into credit or worse, pay day loans, should an emergency happen.\""}
{"_id": "255705", "title": "", "text": "So our draft dodger in chief with his convenient spurs picked the only enemy that can't kick his ass . . . . the NFL  and while America watched in horror as their favorite pastime was forced to its knees . . .little did they notice the Tax man creeping up behind them to shalom them in the ass"}
{"_id": "255716", "title": "", "text": "You are confusing manufacturing cost and listed price. They are being sold for less than listed price. There is no way they are being sold for 1/3rd of manufacturing cost. They could be sold for less than manufacturing cost but future support will be factored into that sale so they would still be a loss leader."}
{"_id": "255731", "title": "", "text": "\"To add in a brief expansion to Portman's complete answer.  The payment can also be thought of as compensation for your \"\"switching cost\"\".  Obviously it is inconvenient to transfer your account from one bank to another (changing static payments, stationery, that sort of thing).  The cash is offered as payment towards that inconvenience.   Given the profits that banks make you can think of the $100 in much the same way as a store offering you a 5% discount on your next shopping trip.\""}
{"_id": "255739", "title": "", "text": "Los Angeles Times Investing 101 http://www.latimes.com/business/la-moneylib,0,3098409.htmlstory Clark Howard's Investing Guide http://www.clarkhoward.com/news/clark-howard/personal-finance-credit/clarks-investment-guide/nFZK/"}
{"_id": "255757", "title": "", "text": "Car detailing Orleans is an activity which helps give a used and old car a brand new look. The auto detailing practice has slowly and gradually started becoming an art in and of itself. Thanks to auto detailing, any used car can be transformed and given a brand new look, much to the admiration of the onlookers."}
{"_id": "255769", "title": "", "text": "Transfer your savings to a dollar-based CD. Or even better, buy some gold on them."}
{"_id": "255777", "title": "", "text": "That looks like a Bloomberg terminal. And like @Jer said, it would appear to be the symbol for the S&P 500 E-mini index future. Although it doesn't look right all on its own, as it should have a modifier indicating the month (or quarter) of expiry. However, since it appears on a Bloomberg terminal in the image, I checked a source for Bloomberg Symbol Lists and found one of two possibilities for ES1. It is most likely the S&P 500 e-mini future: CME E-Mini Futures  E-Mini S&P 500    ES1 INDEX the only alternative was LIFFE 3 Month Euroswiss   ES1 COMDTY I think the former is far more likely, as the latter has the COMDTY commodity tag instead of INDEX as the tag in the image. Also, it isn't the ESI which pertains to Ethibel Sustainability Indices and something with the Eurozone (also Bloomberg Indices). Here we go! Excerpt straight is from a presentation presentation on charting from a business school PDF see pp.12-13, and appears to be a straight excerpt from September 2007 Bloomberg documentation. I didn't know any other way to imbed it besides taking a screen shot then uploading to imgur. Or of course, see pp.12-13 in the referenced PDF I've attached.  See"}
{"_id": "255782", "title": "", "text": "I agree.  Those people should have saved up money before they bought that car to get to work, before they went to school to learn how to do that job.  And they definitely shouldn't have gotten hurt and went to the hospital.  These people living [beyond there means] are clearly spending money on things they shouldn't thought to buy.  /s"}
{"_id": "255789", "title": "", "text": "As mentioned in the comments, the problem stems with converting your U.S. Dollars to Indian Rupees so as to be able to purchase an Indian fixed deposit. At the time of writing this, 1 U.S. Dollar = 64 Indian Rupees. Consider the following economic factors: Both of the above factors are not definitive but are worth considering. You might be thinking- what if I never intend to convert my rupees back to dollars? If it is the case that money converted to rupees would stay that way, that then eliminates the risk of foreign exchange losses mentioned above. However, you must still keep in mind that part of the reason interest rates on fixed deposits is as high in India is because inflation is high. A 9% return must be looked at after adjusting for inflation. Inflation is somewhere between 5%-6% at the time of writing which then reduces your real return to about 4% (pre-tax)."}
{"_id": "255795", "title": "", "text": "Something you may want to consider if you are still choosing a bill-paying service is the contingency policies of the service.   I just suffered an extended stay in a hospital and my officially (in writing) designated Power of Attorney was NOT granted access to my PAYTRUST account.  Thus they could NOT take care of my finances easily.  After my discharge, I contacted PAYTRUST and they had canceled my account and would not reactivate it.  This is after over fifteen years of loyalty.  Needless to say there was much financial chaos in my life due to their negligence.  They were staunch in their policy and said officially that if they need to acknowledge a Power of Attorney, the ONLY thing they will allow the POA to do is close the PAYTRUST account.  How's that for customer service?!  Caveat Emptor. I am now seeking another service and will be asking about their POA policies."}
{"_id": "255799", "title": "", "text": "I wonder who funded this study? Of course it takes time and effort, people aren't doing it because its easy, they are doing it to protest. When you protest by doing more than liking something or upvoting something, it does take effort."}
{"_id": "255812", "title": "", "text": "Chemtex Speciality Limited hold a leading and renowned market position in making chiller /HVACnR Chemicals which are used to enhance the performance of the systems by improving the heat transferring ability of the systems. We produce and design a wide range of Speciality Chemical compounds and additives prepared according to the international standards and norms. Based in Kolkata, we started our business in 1970 and have been serving the country with our quality solutions since past 4 decades. We hold ISO 9001:2008 Company and possess more than 25 distributors in all major cities of the country."}
{"_id": "255842", "title": "", "text": "In the United States, savings accounts generally have higher interest rates than checking or money market accounts.  Part of this is the government restriction on the number of automated transactions per month that can be done on a savings account: this is supposed to allow banks to lengthen the time frame of the cash part of their investments for savings.  This limit is why direct deposit of one's paycheck is almost always into a checking or money market account... and why many people have savings accounts, especially with Internet banks, because they pay significantly higher interest rates than brick and mortar banks."}
{"_id": "255868", "title": "", "text": "I would not recommend you proceed for the reasons given by others and would recommend focussing on raising your annual income to a point where you are better able to decide whether buying is an option.  Given the price of places where you are living and your situation it likely will be some time until buying a place makes sense financially if ever (at those prices I would expect renting makes better sense)."}
{"_id": "255869", "title": "", "text": "For me it's because Whole Foods pushes hard that rustic farm aesthetic in all their stores, and Amazon's bright blue, clean boxes for their Echos just clashes with it immensely. It's like walking into a barn and finding a BMW i8."}
{"_id": "255875", "title": "", "text": "Sure, Walmart is doing fine; at their size and buying power, if they weren't, it'd be a sign that we're in more economic trouble than we thought.  Some things I've noticed each time I've shopped at Sears in recent years (usually because I needed certain things quicker than the Internet could provide): there's usually no one around to help, their product choice is rather limited, and their prices can be surprisingly high compared to competitors even in the same mall."}
{"_id": "255881", "title": "", "text": "Plan and host your event, meeting or wedding at Hidden Hills Banquet Facilities. We serve the Worcester area and we can customize each event to meet your needs. We are comfortable accommodating every event - weddings, corporate parties, birthday parties, showers, rehearsal dinners, corporate trainings and alike. Call us today."}
{"_id": "255887", "title": "", "text": "\"I don't doubt that. But the increase of OD we see here at the medical examiners office is unprecedented. Fentanyl cut heroin and fentanyl derivatives are making addicts drop like flies and has been on the up since 2014. Though I'm probably biased because I see it everyday with the cases I deal with and the damage it has already done. But if you don't think it's a problem, you're sadly mistaken.  Not even bother with the attempt at the dig w/ the CNN thing.  The \"\"talking out my ass\"\" quip was more in response to the \"\"take a hit\"\" mention from the comment before. And your response clearly only zoned in on the last potion of my response. As a clinical pharmacist you should know smoking wouldn't be the way to administer it anyway.\""}
{"_id": "255902", "title": "", "text": "\"First, two preliminaries, to address good points people made in comments. As AbraCadaver noted, before you move your $30k to something that might lose money, make sure you have enough cash to serve as an emergency fund in case you lose your income. Especially remember that big stock market crashes often go hand-in-hand with widespread layoffs. Also, you mentioned that you're maxed out in a 401k. As JoeTaxpayer hinted, this could very well already be invested in stocks, and, if it isn't, probably a big part of it should be. Regarding your $30k, you don't need to pay anybody. In general, fees and expenses can form a big drag on your investments, and it's good to avoid them as much as possible. In particular, especially with \"\"only\"\" $30k, it's unlikely that advisers can save you more than they cost. Also, all financial advisers have a cost: the \"\"free\"\" ones usually push you into investing in expensive funds that make them money at your expense. In that regard, keep in mind that, unlike a lawyer or a doctor, a financial adviser is not required by law to give advice that's in your best interest. When investing, there is a pretty short list of important considerations that you should keep in mind: (If anyone has any other points they think are similarly important, feel free to suggest an edit.) Practically speaking, I'd suggest investing in index funds. These are mutual funds that invest very broadly, in a \"\"passive\"\" way that doesn't spend a lot of effort (and money) trying to pick individual high-performing stocks or anything like that. Index funds provide a lot of diversification and tend to have low expense ratios. (Other, \"\"actively managed\"\" funds tend to be more expensive and often don't outperform index funds anyway.) If you're saving for retirement, there are even target date funds that are themselves composed of a small number of index funds (often domestic and international stocks and bonds), and will increase the proportion invested in bonds (safer) as they get closer to a target retirement date. See, for example the Vanguard Target Retirement 2045 fund. A fund like that one might be all you need if you are saving for retirement. Finally, you can invest online without paying any advisers. Not all companies are created equal, however; do your research. I personally highly recommend Vanguard, since they have a wide variety of no-load index funds and tend to have very low expense ratios. (No-load means you don't have to pay a fee to buy and sell.) Part of why they are inexpensive is that, unlike most financial companies, they are actually a cooperative owned by those who invest in their funds, so they don't need to try and milk a profit out of you. (Don't let that suggest that they're some \"\"small-potatoes hippie firm\"\", though: they're actually one of the largest.) I hope I helped. Keep posting if you have more questions!\""}
{"_id": "255915", "title": "", "text": "How many people spend $120 or more a year seeing movies? There is a lot of opportunity to convert people into more regular movie goers. Theaters aren't necessarily losing, because many of these customers are only there because of the pass. Theaters with strong concession sales and beer offerings would do even better. There's a pretty strong case to be made that this subscription plan could compel people that might see half a dozen movies a year, to spend a bit more for the perceived value in seeing far more movies for only a marginally more expensive pass.   Vail does the same thing with ski resort passes. A season pass is like the same price as buying 3-5 days. They do this because they know many of their profitable ski vacation customers only come out for one holiday weekend, and by offering the season pass at an intriguing price, they provoke a good chunk of people into taking longer or multiple ski trips that otherwise wouldn't. The locals that milk the season passes are a small price to pay for all the extra revenue they get from people coming an extra weekend or staying an extra night or two."}
{"_id": "255924", "title": "", "text": "We offer a wide range of folding ramps used for businesses and homes. These folding ramps are made of high quality material in United States of America (USA). The folding ramps are available at very affordable prices. The folding ramps support most of the American families as well as jobs."}
{"_id": "255927", "title": "", "text": "I think it depends on your broker. Some brokers will not try to auto exercise in the money options. Others will try to do the exercise it if you have available funds. Your best bet, if find yourself in that situation, is to sell the option on the open market the day of or slightly before expiration. Put it on your calendar and don't forget, you could loose your profits. @#2 Its in the best interest of your broker to exercise because they get a commission. I think they are used to this situation where there is a lack of funds. Its not like bouncing a check. You will need to check with your broker on this. @#3 I think many or most options traders never intend on buying the underling stock. Therefore no, they do not always make sure there is enough funds to buy."}
{"_id": "255946", "title": "", "text": "It's very simple. The low cost index funds are generally the best investments for investors, but - because of the low fees and the fact that the offerings of different companies are nearly identical - they are the worst for the investment houses. Therefore, the investment houses spend a lot of money convincing investors to choose other funds.  If you remember that investment houses are all in the business of making money for themselves, not for the investor, then the whole financial system will make much more sense."}
{"_id": "255947", "title": "", "text": "Wage suppression has been the way of the country for generations. The same fucking ten-dollar-an-hour jobs that were there when I was young are still there.  But *nobody* is making a single percentage point more than they were thirty-five years ago, are they?  No, profits at companies large and small have remained flat.  Well they must have, or they would have paid people more, right?/s  Don't tell someone who's ~~watched~~ been vicimized by the process that it didn't, and isn't happening."}
{"_id": "255969", "title": "", "text": "\"But you aren't driving between your two jobs, you're driving for your job. The better analogy would be \"\"If I didn't buy commercial insurance, but was hiring myself out to do deliveried then my personal insurance better cover me if I hit someone between deliveries\"\" It doesn't work that way. There is a reason commercial insurance costs a lot more - when your job is to drive, your risk profile increases significantly. There are specific clauses in personal insurance that they aren't going to cover you if something happens while you are using your car for commercial purposes.\""}
{"_id": "255978", "title": "", "text": "Short sellers have to pay interest on the borrowings to the shareholders. Although many times brokers don't pass on these earnings to the shareholders, this is the exchange."}
{"_id": "256006", "title": "", "text": "From the other point of view (company use) it makes sense to segregate expenses incurred on the company's behalf away from an employee's personal expenses.  This way if there were any requirement to prove that certain expenses were for the company's benefit it is not intermingled with an employee's personal expenses.   From an ethical point of view:  To avoid these types of confusing and conflicting issues, most employer's prefer to have a segregated expense process especially if an employee is regularly incurring expenses on the company's behalf.  As YMCbuzz mentions you should check with your employer about their expense policy."}
{"_id": "256010", "title": "", "text": "Don't let the tax tail wag the investment dog. There is risk in exchanging this (known) property for another (unknown) property. That risk may be more than $9000 worth of risk. Tax considerations are important, but most important is that your investments make money. If you intend to continue as a landlord, you had better be sure you are finding a better deal elsewhere if you are going to trade this property up. I should also mention that you have a 5 year window in which you need to have lived in the home for 2 years. You have time and might be able to sell for a higher price if you wait a little longer."}
{"_id": "256026", "title": "", "text": "&gt; Are claiming the state doesnt exploit those it claims to own?  I am confident the US government does not claim to own anyone.  But to answer your question, no, I believe the state very much exploits its citizens. My point is that there is both competition and the ability to opt out."}
{"_id": "256035", "title": "", "text": "Investors who are themselves Canadian and already hold Canadian dollars (CAD) would be more likely to purchase the TSX-listed shares that are quoted in CAD, thus avoiding the currency exchange fees that would be required to buy USD-quoted shares listed on the NYSE. Assuming Shopify is only offering a single class of shares to the public in the IPO (and Shopify's form F-1 only mentions Class A subordinate voting shares as being offered) then the shares that will trade on the TSX and NYSE will be the same class, i.e. identical. Consequently, the primary difference will be the currency in which they are quoted and trade. This adds another dimension to possible arbitrage, where not only the bare price could deviate between exchanges, but also due to currency fluctuation. An additional implication for a company to maintain such a dual listing is that they'll need to adhere to the requirements of both the TSX and NYSE. While this may have a hard cost in terms of additional filing requirements etc., in theory they will benefit from the additional liquidity provided by having the multiple listings. Canadians, in particular, are more likely to invest in a Canadian company when it has a TSX listing quoted in CAD. Also, for a company listed on both the TSX and NYSE, I would expect the TSX listing would be more likely to yield inclusion in a significant market index\u2014say, one based on market capitalization, and thus benefit the company by having its shares purchased by index ETFs and index mutual funds that track the index. I'll also remark that this dual U.S./Canadian exchange listing is not uncommon when it comes to Canadian companies that have significant business outside of Canada."}
{"_id": "256041", "title": "", "text": "Voorspellen in de zomer met een koelsysteem, dat is alleszins moeilijk om te werken en is ook erg sterk. Drink beschermd en koel water voor een gezond leven. U kunt de bronnen ook in staande vloermodellen of tegenstations installeren. Je moet de capaciteit hebben om het effectief te kunnen werken en het moet ook voldoende solide zijn."}
{"_id": "256042", "title": "", "text": "No, you can't do this indefinitely. For one, you can't just take money out as home equity with no strings attached. The cash out is done as a loan (often a HELOC) or second mortgage and you have to make payments. The lender will always make sure you are able to afford the payments. At some point, you won't qualify for the loan because of insufficient income or too many previous liens on the property. While home values often go up, there's no guarantee. And your examples are more than a bit optimistic."}
{"_id": "256049", "title": "", "text": "\"Would they let you buy your own Office 365 subscription?  It's actually not that expensive, and IMO it's *worth* it.  As a possible alternative (depending on how tech-savvy you are), you could install SQL Express for free, which now even includes SSRS.  It's *not* Excel, but I've found that once you get past a certain level of complexity in Excel, you're basically trying to emulate the functionality of SQL with a real reporting tool talking to it.  Might as well take that leap if they're forcing you to change anyway, and get the massively more powerful platform that comes with it.  Make no mistake, I love all things Google, and I'm no Microsoft fanboy; but Excel is **the** \"\"killer app\"\" of the modern office environment.  There's a good reason we've seen countless *free* alternatives pop up and fade away over the years.\""}
{"_id": "256055", "title": "", "text": "\"I'd first put it in CDs or other short term account. Get through school first, then see where you land.  If you have income that allows you to start a Roth IRA, I'd go for that, but keep it safe in case you actually need it back soon. After school, if you don't land a decent job fast, this money might be needed to live on. How long will it last if you take a few months to find work?  If you do find a good job, moving, and setting up an apartment has a cost. Once you're there, I'd refer you to the many \"\"getting started\"\" Q&As on this site.\""}
{"_id": "256059", "title": "", "text": "Here's the response that Josh James gives to this article: [Dave, Dave, Dave...](http://www.forbes.com/sites/davidkwilliams/2012/06/15/dave-dave-dave/)  It's interesting to hear his side of the story. He's not all about hiring people with lots of experience, and he will make exceptions, but he does hold that as a good rule of thumb. Do you agree more with David or Josh?"}
{"_id": "256101", "title": "", "text": "I would talk to an immigration lawyer.  This sounds like the kind of thing that they'd deal with frequently.  As I understand it, your concern is mostly about managing the transfer, not the sale.  An immigration lawyer is going to see clients with overseas assets frequently.  If this isn't something that they do themselves, they can refer you appropriately.   In general when I'm looking for a lawyer, I start with the local bar association.  The one for San Francisco.  If that's the wrong bay area, they are normally at the county level.  So you can find them by searching for bar association with the appropriate county or city name.  If you explain your problem briefly, they can direct you."}
{"_id": "256152", "title": "", "text": "\"EDIT: because I can't edit on my phone, I should add that \"\"more than anything\"\" is idiomatic rather than literal- involved parents, well resourced facilities, a culture that values learning and is enquiry and concept focused are all important too. Continue!\""}
{"_id": "256162", "title": "", "text": "\"I've been a life long meat eater.  Coincidentally, just 4 weeks ago my wife and I decided to give it a try after watching \"\"What the health\"\".  Very good documentary.   Have to say, I'm actually surprised how easy it is, and how much better we both feel overall.\""}
{"_id": "256182", "title": "", "text": "I worked in supply chain at one of Toyota's plants, and making cars is an incredibly difficult and daunting undertaking.  My hat goes off to Tesla and Elon Musk.  The odds are stacked against them: the big players have huge cash reserves and competing against them isn't easy. However my biggest concern is that Tesla base their very existence on the premise that electric will be *the* method of propulsion for future cars.  Hydrogen isn't out of the running yet, and if it ends up becoming feasible and suddenly becomes the preferred method of clean propulsion then Tesla will be blindsided, while the big car makers can simply start a new department for such engines.  They're flexible, Tesla is not."}
{"_id": "256195", "title": "", "text": "IB's overnight financing cost for US CFDs below $100,000 is the Benchmark Rate + 1.5% for long positions and the Benchmark Rate -1.5% for short positions. You can check the IB CFD Contract Interest for their full list of financing costs for share CFDs. IB's commissions  for an executed trade (where your monthly volume is below $300,000) is $0.005 per share with a minimum per order of $1.00. Commissions and overnight financing are 2 different fees, the overnight financing is charged because CFDs are leveraged. An order is just that, it is not a trade. It means your order has not been executed yet and is still an active order which you have not paid any commissions for yet. Regarding the orders that persist overnight, an example might be, you place an order to buy to open 200 CFDs. If only 100 CFDs are traded on that day, and the remaining 100 CFDs of your order remains active overnight, it will be considered a new order for the purposes of determining commission minimums."}
{"_id": "256203", "title": "", "text": "&gt;But those taxes are used to pay for labor, in most cases.  The real question is if that labor created something that anyone wanted  When ou buy eggs from someone who raises chickens, he will invest that money in his business and more people will get his eggs. The money is MULTIPLIED. He will spend the money you paid him, but at the same time he will have more chickens producing more eggs.  When you spend your money paying taxes, the guy who does the paperwork will not be creating anything the people wants. He's a parasite."}
{"_id": "256227", "title": "", "text": "\"So it's not always what degree of risk you want be exposed to, but what *type* of risk. So let's say you were happy with the S&amp;P 500 ETF but you wanted to avoid oil stocks, so you combine that ETF with some derivatives that profit if oil goes down and you will outperform the S&amp;P 500 on a net basis.  Hedge funds can be very crafty with what exposure they want. They include a LOT of different strategies, so it's kind of incorrect to group them into one \"\"asset class\"\" per se.  As for the question if hedge funds are worth it? Well if the market tanks, you might find your hedge fund's performance to be very positive (ex: Kyle Bass made big money with the crisis).\""}
{"_id": "256228", "title": "", "text": "\"The gift issue, as explained to me by the mortgage officer at our credit union, is that they look at the average balance of your checking/savings accounts of the 3-6 months prior to mortgage issuance date. They look at the average balance to make sure you are financially stable beyond what your income and credit score indicate. With an average balance of $2500, the bank will (reasonably) presume you CANNOT make a $10k down payment. By not \"\"using\"\" the $10k gift-from-dad, you're showing the bank that you're more financially stable than if it came in and went right back out: that looks like you're a free spender, and it will cast doubt on your willingness/ability to repay the loan. Presuming your average balances are already \"\"ok\"\", the best way to utilize the gift-from-dad is in one of the following manners, in my opinion:\""}
{"_id": "256229", "title": "", "text": "@littleadv has said most of what I'd say if they had not gotten here first. I'd add this much, it's important to understand what debt collectors can and cannot do, because a lot of them will use intimidation and any other technique you can think of to get away with as much as you will let them. I'd start with this PDF file from the FTC and then start googling for info on your state's regulations. Also it would be a very very good idea to review the documents you signed (or get a copy) when you took out the loan to see what sort of additional penalties etc you may have already agreed to in the event you default.  The fee's the collector is adding in could be of their own creation (making them highly negotiable), or it might be something you already agreed to in advance(leaving you little recourse but to pay them). Do keep in mind that in many cases debt collectors are ausually llowed at the very least to charge you simple interest of around 10%.  On a debt of your size, paid off over several years, that might amount to more than the $4K they are adding.  OTOH you can pretty much expect them to try both, tacking on 'fees' and then trying to add interest if the fees are not paid.   Another source of assistance may be the Department of Education Ombudsman: If you need help with a defaulted student loan, contact the Department of Education's Ombudsman at 877-557-2575 or visit its website at www.fsahelp.ed.gov. But first you must take steps to resolve your loan problem on your own (there is a checklist of required steps on the website), or the Ombudsman will not assist you."}
{"_id": "256236", "title": "", "text": "In the long term, like I said, yeah.    In the very short term, Ticketmaster will view their position and agreements with venues as solid and just increase fees and prices in those venues whose contracts are locked in.    They'll only start dropping prices and try to compete when they can't bully Amazon out of the market."}
{"_id": "256239", "title": "", "text": "\"If you want real no hassle, look into getting an agent: http://www.xmarks.com/topic/photographers_agents Check Problogger for blogging info: http://www.problogger.net/ Passive income takes work.  Making money off writing a novel/blogging, or photography is great, but you have to write the novel or take the pictures worth buying first. I've spent the last 3 years building a student management system for martial art studios, but it's been discouraging at times and lots of extra time and effort. If you have a common ideas for making passive money, then you have to be uncommon in the implementation.  Which takes work. To quote one of the comments: You will never find a \"\"thing\"\" that   will generate substantial amounts of   money without needing day-to-day   taking care of. He's right, the key is substantial, start slow, but start.  If you don't start you'll never finish.  And if you do it because you love it, the money won't matter. Sorry, this isn't a good answer, but it's a question that you'll need to answer yourself.  My best suggestion, find a gap and fill it.\""}
{"_id": "256261", "title": "", "text": "And directly from IRS notice 2014-21 FAQ: Q-1: How is virtual currency treated for federal tax purposes? A-1: For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency. Q-6: Does a taxpayer have gain or loss upon an exchange of virtual currency for other property? A-6: Yes. If the fair market value of property received in exchange for virtual currency exceeds the taxpayer\u2019s adjusted basis of the virtual currency, the taxpayer has taxable gain. The taxpayer has a loss if the fair market value of the property received is less than the adjusted basis of the virtual currency.\u2026 Q-8: Does a taxpayer who \u201cmines\u201d virtual currency (for example, uses computer resources to validate Bitcoin transactions and maintain the public Bitcoin transaction ledger) realize gross income upon receipt of the virtual currency resulting from those activities? A-8: Yes, when a taxpayer successfully \u201cmines\u201d virtual currency, the fair market value of the virtual currency as of the date of receipt is includible in gross income. See Publication 525, Taxable and Nontaxable Income, for more information on taxable income."}
{"_id": "256275", "title": "", "text": "I half agree with you here but I understand why they do this.  It would be better for innovation if they actually created new ideas but rebuilding or improving ones that exist to make money is also a good move.  It may not be entirely ethical depending on what you believe the meaning of that word to be, but they have enough cash to do this and succeed at it.    $80 for amazon prime, In my opinion, is ridiculous.  If you pay 80 bucks for this you would have to order a lot of stuff in order to make that up.  My guess would be about 10 items over the course of a year, probably more.   If google can do it cheaper I would go with them.  A massive hurdle is amazon customer loyalty."}
{"_id": "256295", "title": "", "text": "If you sell your home and it has equity, meaning the price you sell at is higher than the mortgage remaining on the property, then the money the purchaser pays you for the propery goes to pay off the remaining mortgage and any other fees owing (including commissions), and any balance left over (equity) is what you receive from the sale."}
{"_id": "256301", "title": "", "text": "Lowering the minimum wage would be a greater benefit than raising it in that case. Minimum wage makes it illegal to hire people whose value is not worth the minimum wage, meaning low skilled people, seniors, young workers and the disabled. I don't see any reason we should keep the people out of the workforce artificially.  Having a little money from a part time job is better than being completely dependent on welfare like UBI."}
{"_id": "256312", "title": "", "text": "\"a controller and comptroller are the exact same thing.  The terms are interchangeable.    From your wikipedia article:  &gt;A Comptroller, or Financial Controller  From the reddit job posting:  &gt;reddit is Hiring! Positions: redditgifts programmer and **Controller** (finance)  In finance, the term \"\"controller\"\" is actually more common.\""}
{"_id": "256323", "title": "", "text": "Pay the highest rate debt first, it's as simple as that. When that debt is paid (the 24% card in this case) pay off the next one.  As far as having an emergency fund is concerned, I consider it a second priority. If one owes 24% money, that $2000 emergency fund is costing $480/yr. Ouch. Avoid the behaviors that got you into debt in the first place, and pay the cards off as fast as you can. When you have no balance, start to save, first into the emergency account, then toward retirement."}
{"_id": "256330", "title": "", "text": "You must be dreaming if you think the US Gov has the political will to kill civilians on US soil and also have the military just gleefully obey slaughtering a lot of people. The point of a rebellion would be to fight long enough to get military defections, which would very easily be the case if you order them to start killing civilians."}
{"_id": "256349", "title": "", "text": "The stock market, as a whole, is extremely volatile.  During any 3 year period, the market could go up or down.  However, and this is the important point,the market as a whole has historically been a good long term investment. If you need the money in 5 years, then you want to put it in something less volatile (so there's less chance of losing it).  If you need the money in 50 years, put it in the market; the massive growth over those 50 years will more than make up for any short term drops, and you will probably come out ahead. Once you get closer to retirement age, you want to take the money out of stocks and put it in something safer; essentially locking in your profit, and protecting yourself from the possibility of further loss. Something else to consider: everyone lost money in 2008.  There were no safe investments (well, ok, there were a few... but not enough to talk about).  Given that, why would you choose another investment over stocks?  Taking a 50% loss after decades of 10% annual returns is still better than a 50% loss after decades of 5% growth (in fact, after 20 years of growth, it's still 250% better - and that ratio will only improve the longer you leave it in)."}
{"_id": "256360", "title": "", "text": "Probably not the greatest move.  What are the returns to video games?  Fleeting at best.  You're great at Call of Duty:  Black Ops 2 - wonderful.  Then they change a few things and you suck at Call of Duty:  Ghosts (don't believe me?  Go over the COD threads and read all the posts from people complaining how each new version is worse than the last, because they rocked the last version and they suck now).  You've gotta train for each new game; in the meantime kids are all the same age while you're getting older.  Your reflexes won't be getting much better, and in all likelihood they'll decline long before your retirement.  What are the returns to a successful finance career, on the other hand?  Well, here on /r/finance I probably don't even need to get into that.  Needless to say, if you're learning the principles of finance and applying those consistently over time, the returns can be enormous."}
{"_id": "256362", "title": "", "text": "The good debt/bad debt paradigm only applies if you are considering this as a pure investment situation and not factoring in: A house is something you live in and a car is something you use for transportation. These are not substitutes for each other! While you can live in your car in a pinch, you can't take your house to the shops. Looking at the car, I will simplify it to 3 options: You can now make a list of pros and cons for each one and decide the value you place on each of them. E.g. public transport will add 5h travel time per week @ $X per hour (how much you value your leisure time), an expensive car will make me feel good and I value that at $Y. For each option, put all the benefits together - this is the value of that option to you. Then put all of the costs together - this is what the option costs you. Then make a decision on which is the best value for you.  Once you have decided which option is best for you then you can consider how you will fund it."}
{"_id": "256374", "title": "", "text": "Every single city does not have laws limiting short term rentals. That is something you made up to make yourself feel better.   You have provided no facts.   Airbnb and other short term rentals are severely limited because of regulation in places like NYC. Therefore regulation has an impact.   Now let the adults talk and go back to whatever cartoons kids watch on Saturday mornings."}
{"_id": "256381", "title": "", "text": "best company I ever worked for:  I was one of three managers.  we decided everything.  the only time we'd check with the top was when one of us was stuck.  that rarely happened because first we'd consult with each other.  it was sensational.  everybody was happy  company ran smoothly and made boatloads of money (me too)"}
{"_id": "256383", "title": "", "text": "I make dolls of a couple of co-workers and burn them in effigy.  In meetings, a thumbtack in the shoe works: press your toe against it until you feel a little pain. This distracts from the emotional toll of insults and frustrations.  When being insulted directly in front of co-workers, I find that it helps to think of the aspects of my life I should be grateful for: the key is, no matter what, do not cry. Tears a real career-killer.  As for situations where a boss or co-worker physically threatens you, I recommend breathing deeply and making no sudden movements."}
{"_id": "256395", "title": "", "text": "With a question like this you should talk to a tax professional who knows about international tax and knows about both the UK and the country you will be working in. They will give you up to date advice on what can be an extremely complex question. However to get you started I'll tell you what I was told when I did this nearly twenty years ago. It's all about whether you are resident in the UK for tax purposes or not. If you are, you will pay UK tax. If not, you wont (assuming you are being paid outside the UK - check with your professional exactly what is involved). In those days you could be counted as 'non resident' if you spent a complete period of twelve months outside the UK. You can make occasional visits to the UK without invalidating that. Again, check exactly how much you are allowed to return while still being not resident. Usually you will have to pay tax in the country where you are resident, but check the rules there. With some skilful timing you may be able to be considered non-resident in bouth countries, at least for some of the time. Again, your tax professional will know. The bank account question - again get a professional. I don't think it's a problem, but you may have to establish that you are being paid in the foreign country. In general you are going to need an account in the country where you work, so if its a problem get paid there and transfer any money you need in the UK."}
{"_id": "256401", "title": "", "text": "It's literally the title from the article.  I think it's a crappy article because it's far from becoming a law.  &gt; Still, there\u2019s no guarantee that the bill will pass. Several obstacles lie ahead as the Senate remains bogged down with the president\u2019s call for undoing Obamacare and advancing his picks to run key agencies.  &gt; And because the banking industry strongly opposes the CFPB rule, lawmakers backing the move to overturn it could be accused by Democrats of doing Wall Street\u2019s bidding."}
{"_id": "256414", "title": "", "text": "How can you have a competition  against facebook. Isn't it a natural monopoly. Why have two social accounts. Also amazon shouldn't be compete with other internet retailers but natural ones which could be prevented with internet tax. These internet companies are the biggest companies in the world and US because they find a empty spot where they capitalize on advantages of internet. If there is a scaling tax for these companies it would only hurt their profit since their workers aren't paid a lot anyway.  So in natural cases competition would be healthiest way but i don't believe other firms can emerge in this markets and amazon could kill real life retailers in 10-20 years time. 8 years ago biggest firms were banks and investment firms while now market is dominated by internet/tech companies because internet is a very effective tool for shopping."}
{"_id": "256446", "title": "", "text": "Studying it is one thing.  Actually putting all that in place and doing it well is another.  Even if they bring in people with experience, it is a huge change in how they do business.  Think about how a company like McDonalds had fallen on its face every time they have tried to do something a little more upscale."}
{"_id": "256448", "title": "", "text": "Their paperwork should help you along.  Schwab is the broker and custodian, you are the administrator.  There's virtually no paperwork after the account is opened, until you hit $250K in value, and then there's one extra IRS form you need to fill out each year.  See One-Participant 401(k) Plans for a good IRS description of form 5500. Disclosure - I use the Schwab Solo 401(k) myself, and the only downsides, in my opinion, the don't offer a Roth flavor, and no loans are permitted. Both of these features would offer flexibility."}
{"_id": "256458", "title": "", "text": "You're taking like 1% of the poor and pretending everyone is like that.  Lying to win political points doesn't make you a good person.  Throwing shaming tactics like this to derail legitimate conversations that can help people out of poverty prevents progress."}
{"_id": "256467", "title": "", "text": "\"Signing bonuses are probably the most variable of all, as there is a general understanding that more personal factors are taken into account. As a result, HR isn't under a huge obligation to explain away the differences. In comparison, for salary there's the wide expectation that same job = same pay. Since there's so variable, but also fairly rare, \"\"budget\"\" isn't a main concern for many HR departments. And they certainly won't have a finely grained budget breakdown. \"\"This year we'll pay $250.000 for headhunters, $50000 for relocation payments, $100,000 for pension transfers, $150.000 for stock option losses...\"\". It's generally tossed on one big heap, \"\"cost of hiring\"\". So, what can you ask for? That's really a market question. What's your value to the company? How much of that is already reflected in salary and other benefits? The main downside to signing bonuses is that a company won't know how long you'd stay. Your value to the company is probably your monthly work. Therefore they cannot amortize that bonus over a fixed amount of months. What if you leave after 3 months? For that reason, a \"\"conditional\"\" signing bonus is a reasonable offer from your side. E.g. ask for one month salary, conditional on you staying for 24 months, and otherwise you'll repay them from your last salary.\""}
{"_id": "256475", "title": "", "text": "Uh...2017 MSRP for a Camry is [$23,070](https://www.google.com/search?q=toyota+camrt+price&amp;ie=utf-8&amp;oe=utf-8), [$22,455](https://www.google.com/search?q=toyota+camrt+price&amp;ie=utf-8&amp;oe=utf-8#q=2017+honda+accord+msrp) for an Accord, and [$27,110](https://www.google.com/search?q=f150+price&amp;ie=utf-8&amp;oe=utf-8) for a F-150. None are close to the $35,000 asked for a Model 3.  EDIT: I fucking love Reddit, where you get downvoted for posting *facts*! Can the Tesla groupies cool it and actually read what I am writing?"}
{"_id": "256476", "title": "", "text": "Sounds like the seminar is about using OPM (other people's money), which means you're going to have to find not just real estate, but investors.  Those investors are going to need a business plan, contracts, and a lot of work from you to provide as much equity as possible before the property is sold.  If you're serious about Real Estate, I suggest finding the most successful broker/agent you can, buying them a beer, glass of wine, or cup of coffee, and picking their brain about it. It'll be cheaper then a scam seminar."}
{"_id": "256480", "title": "", "text": "1. Government grants patent rights to Mylan for Epipen. 2. Epipen goes off patent. 3. Government puts onerous restrictions on generic alternatives, rejects several company's formulations because plastic autoinjecting syringe isn't foolproof enough for morons to use. 4. Mylan raises prices given government granted monopoly. 5. Government shocked that government caused problem is a problem, recommends more government.  How about no.  Abolish the FDAs ability to approve generics and get government out of the way.  These drugs have already been scrutinized, they don't need to be again.  Even better, abolish the FDA altogether and let the market work properly."}
{"_id": "256505", "title": "", "text": "E*Trade offers banking services, and will provide you with a security token free if you have sufficient assets there ($50,000). Otherwise they'll charge you a $25 fee."}
{"_id": "256542", "title": "", "text": "They are wrong.  If they offer an FSA, they must abide by the rules regarding FSA eligible expenses, plain and simple. They can offer a lower limit than the general maximum ($5K/yr?) and they can allow a grace period on expenses, or not. But, they must allow reimbursements for reimbursable items. Medical Insurance premiums are included. See this comprehensive list.  On the IRS web site, Pub 969 discusses FSAs at a higher level and indicates that Publication 502 has the detailed list of reimbursable expenses. Medical insurance is listed. I offer this chain so one can find the data directly from the IRS and not claim that Wikipedia might not be accurate.  At this point you need to decide how far you want to go with your benefits department on this. Do they offer a copy of what they claim is the accepted list of reimbursables?"}
{"_id": "256556", "title": "", "text": "If you record vinyl to a digital file, it sounds just the same as the vinyl. It includes all the pops, clicks, crosstalk, rumble, and skips as the original. Yes, I do sometimes enjoy that bit of nostalgia, sometimes CD music is a bit too perfect."}
{"_id": "256569", "title": "", "text": "As a daily slickdeals user, I saw this thread and decided it was one of those 'deals' to stay away from.   The idea of people just being able to repeatedly buy giftcards using the previously purchased giftcard to get free money, just had bad news all over it. Its a shame the admins didnt get rid of that thread, as it puts a big black spot on the community as a whole, IMO."}
{"_id": "256580", "title": "", "text": "\"The article is filled with terrible arguments.   The entire point of corporate tax reform is to stop having a situation where startups and small businesses (which are net job creators) are paying 40% corporate tax rates, whereas large established businesses (which tend to be net job-destroyers) pay 6% effective tax rates due to the tax advantages of debt. The author simply glosses over this and keeps repeating \"\"CORPORATIONS ALREADY PAY 20% AND NO NEW JOBS ARE CREATED!\"\"   Then the author also tries to point towards cronyistic tax deals as evidence that tax reform isn't needed, when that's exactly why it is needed. High corporate taxes result in a situation where large companies can lobby for lower taxes for themselves, but smaller companies lacking political influence are stuck paying the high rates. Illinois is a great example of this phenomenon; their corporate taxes are sky-high so large companies just threaten to move every time they want lower taxes; so you end up with the \"\"large company tax\"\" which may be like 2% and the \"\"small company tax\"\" which may be something like 8%.   Overall, it's clear the author has ABSOLUTELY NO UNDERSTANDING WHATSOEVER of the issues involved with corporate tax reform. The US corporate tax system is terrible precisely because it rewards debt-driven growth and cronyism, while punishing real economic growth.\""}
{"_id": "256587", "title": "", "text": "\"You're looking at the \"\"wrong\"\" credit. Here's the Wikipedia article about the bookkeeping (vs the Finance, that you've quoted) term.\""}
{"_id": "256601", "title": "", "text": "\"&gt;Quality control. The second generation is not consistent  &gt;Control on patent license to prevent theft.   Kind of sidesteps the \"\"no one replants seeds in agriculture\"\", doesn't it? And isn't the fact that the second generation's quality is not consistent the farmer's problem? Why need to enforce it contractually?   And what do you mean by patent theft? Is it theft if the farmer re-uses the seed to replant another harvest?  &gt;I take it that you get your information from activist blogs, because if you actually read that case you would know that Schmeiser was guilt of patent theft. The fact that you cite this case marks you as deeply uniformed about the ag industry  No, mate, no activist blogs. Go re-read my comment. I do give it away that the farmer is not squeaky clean as he tried to use the the seeds to advance his own developments. Which is patent theft.  But it doesn't take away the fact that he had a bunch of GMO canola that he didn't purposefully plant on his property. If he would have used those seeds to use in his developments unwittingly of them being Monsanto seeds, there should have been no claim of patent theft as he was just using what happened on his land. That's a big if, but the point stands.  And you keep on claiming I am uninformed despite the fact that I've refuted your first chiding that no farmer replants seeds. Doesn't really make for a shining example that you actually know what you are talking about.  &gt;Like I said, if your knowledge of the TPP is a high quality as your knowledge of agriculture....  I've read what I've read, and from a few sources. As I said, so far it's hearsay, but if you're so enlightened, please do let me know your sources.\""}
{"_id": "256604", "title": "", "text": "Grants come in several flavors: federal aid, college aid, and independent aid. We'll immediately ignore the last option, independent aid (usually in the forms of scholarships), as these can come from all sorts of organizations for various reasons and are generally merit-based.  For federal and college aid, you will need to file a FAFSA. Since your parents are divorced, you will need to use the financial information of whichever one of them you lived with more during the last 12 months. Once you submit the FAFSA, you will receive your EFC, which is the amount of money your family is estimated to be able to contribute to your education for the year.  The EFC isn't an obligation, but the simplified formula to determine how much you are in need is: (tuition cost + room and board + overhead (books, transport, etc)) - EFC = estimated need. This need will then allow your school to give you an aid package which is comprised of federal loans, grants, work-study programs, and college grants/scholarships (a scholarship is based on some kind of merit, be it academic or something else, while a grant is either general or need-based). There is no good way to determine how much you will be given, so apply and find out. You may be able to talk with a financial aid officer at your school for an estimate, but it would just be an educated guess. If you have an EFC lower than your estimated yearly cost, you will generally be offered a Pell grant by the government (free money, basically) which currently has a yearly cap of $5775, though you may receive less than this. There are also a few other federal grant programs if you have exceptional financial need, but all of the grants are determined for you, you can't apply for them. Your college may also assign grants based on its own internal programs, and like federal funding you can't ask for them, they are simply given as part of an aid package. Lastly, you will probably be offered a combination of subsidized, unsubsidized, and parent loans to cover any difference in cost vs funding. There are also work-study programs you can opt in for, which is just an on-campus job in some capacity."}
{"_id": "256631", "title": "", "text": "Negative coupons are not the same as a negative yield. A $1000 bond that you purchase, at a premium, for $2100 that produces 10 annual coupons of $100 and a redemption of $1000 has a real, positive coupon ($100). The holder of the bond gets this coupon, and the maturity value However, you get back less than your initial investment.  There is no growth; the original investment shrinks, or has a negative growth rate.  Most mortgage or bond calculators choke on this situation..."}
{"_id": "256663", "title": "", "text": "Bonds can increase in price, if the demand is high and offer solid yield if the demand is low.  For instance, Russian bond prices a year ago contracted big in price (ie: fell), but were paying 18% and made a solid buy.  Now that the demand has risen, the price is up with the yield for those early investors the same, though newer investors are receiving less yield (about 9ish percent) and paying higher prices.   I've rarely seen banks pay more variable interest than short term treasuries and the same holds true for long term CDs and long term treasuries.  This isn't to say it's impossible, just rare.  Also variable is different than a set term; if you buy a 10 year treasury at 18%, that means you get 18% for 10 years, even if interest rates fall four years later.   Think about the people buying 30 year US treasuries during 1980-1985.  Yowza. So if you have a very large amount of money you will store it in bonds as its much less likely that the US treasury will go bankrupt than your bank. Less likely?  I don't know about your bank, but my bank doesn't owe $19 trillion."}
{"_id": "256669", "title": "", "text": "\"A budget that you both agree on is a great goal. X% to charity, y% to savings, $z a month to a reserve for house repairs, and so on. Your SO is likely to agree with this, especially if you say it like this: I know you're concerned that I might want to give too much to charity. Why don't we go through the numbers and work out a cap on what I can give away each year? Like, x% of our gross income or y% of our disposable income? Work out x and y in advance so you say real percentages in this \"\"meeting request\"\", but be prepared to actually end up at a different x and y later. Perhaps even suggest an x and y that are a little lower than you would really wish for. If your SO thinks you earn half what you really do, then mental math if you say 5% will lead to half what you want to donate, but don't worry about that at the moment. That could even work in your favour if you've already said you want to give $5000 (or $50,000) a year and mental math with the percentage leads your SO to $2500 (or $25,000), (s)he might think \"\"yes, if we have this meeting I can rein in that crazy generosity.\"\" Make sure your budget is complete. You don't want your SO worrying that if the furnace wears out or the roof needs to be replaced, the money won't be there because you gave it away. Show how these contingencies, and your retirement, will all be taken care of. Show how much you are setting aside to spend on vacations, and so on. That will make it clear that there is room to give to those who are not as fortunate as you. If your SO's motivations are only worry that there won't be money when it's needed, you will not only get permission to donate, you'll get a happier SO. (For those who don't know how this can happen, I knew a woman just like this. The only income she believed they had was her husband's pension. He had several overseas companies and significant royalty income, but she never accounted for that when talking of what they could afford. Her mental image of their income was perhaps a quarter of what it really was, leading to more than one fight about whether they could take a trip, or give a gift, that she thought was too extravagant. For her own happiness I wish he had gone through the budget with her in detail.)\""}
{"_id": "256687", "title": "", "text": "Customer support is the backbone of every modern business. In fact, it can make or break a company\u2019s reputation and hence hiring a professional for call center services in India stands to be the right choice and Maxtech Data house stands above the rest in competition."}
{"_id": "256693", "title": "", "text": "\"The answer is just close your eyes and ignore it (in your words). I'm right there with you, the amount of detail that I track in my personal finances would be called obscene by some people.  But as you look at these features in any accounting application, you need to ask the question \"\"What does this information represent?\"\" In the case of your bank and credit card accounts, the reconciliation marker represents that you have received documentation from the issuing institution which you have verified against your accounts.  Marking them off confirms that you have reviewed the information, and that you checked for errors.   These markers exist on all transactions, whichever end of the splits you are looking at.  When reviewing the Expense side of the transaction, it might make less sense to see these reconciliation markers, because as you stated, nobody receives documentation related to their expenses.  However, if you itemized your expenses and kept a separate log of certain transactions (like a notebook where you track gasoline and/or mileage on your car), it might be useful to 'reconcile' your records once a month.  Checking off individual transactions, and verifying a new 'balance' in terms of gas consumed or miles driven, would allow you to identify any inconsistencies in your records. Not everyone would find such an activity useful, thus the reconciliation markers are present everywhere but required nowhere.\""}
{"_id": "256709", "title": "", "text": "That depends on your health insurance. PIP will often cover your missed work as a result of an injury - which isn't a problem if you health insurance also does this but there is a chance it does not. What would you and your wife do for money if you became paralyzed?"}
{"_id": "256717", "title": "", "text": "I would say the real story is less about the implications of low vol but rather what has caused it. IMO that would be:  1) lots of money chasing a handful of investments    a) loose monetary policy    b) wealth effects from fantastic returns since the GR    c) consolidation in various sectors (health, energy, tech)  2) rise of low cost index funds (all inflow go into the large swathes of the market so volatility across stocks is dampened)   3) various externalities of expansionary Fed policy    a) resulting low bond yields lead to larger flows into equities     b) low cost of debt feeding buybacks     c) it has been sustained for so long it has had stabilizing effect i.e. predictability is good for markets and business decision making   These factors make for an interesting story because what happens when some component of this system begins to show cracks? What happens when this low vol feedback loop ceases? Nobody knows. But it will not continue ad infinitum. Not all doom and gloom but it won't be the market we are used to today."}
{"_id": "256728", "title": "", "text": "Laptop LCD Screen--Laptoplcdscreenstore.com is a world recognized laptop screen store where you can purchase laptop screen of popular brands such as Dell, Acer, Compaq, LENOVO, Asus and many more. Providing an unmatchable quality at unbeatable prices, the store offers special deals on selected laptop LCD screens exclusively for you."}
{"_id": "256735", "title": "", "text": "*sigh* So I guess you don't understand why they would care about no risk....  If the sub company fails, but had no debt, then the parent company only loses whatever money they invested in the sub company  If the sub company fails and had debt:    The parent company is responsible for those debts and must pay them if in the agreement with the bank the parent company is responsible.    The parent company is not responsible for those debts if in the agreement with the banks, they did not agree to be collateral if the sub company went bankrupt. Not likely that a bank would agree to this though. They might even try to sue the parent company so they could get some reimbursement."}
{"_id": "256740", "title": "", "text": "\"Does the writer of this have Target stock or something? I'm always amazed when people come to the defense of large corporations. Target would NOT HESITATE to do ANYTHING possible to squeeze every dime, dollar, etc, out of each and every one of their customers.   When the customers do it, though, suddenly it's \"\"looting\"\", \"\"stealing\"\", etc? Fuck that.   EDIT: Surprised to see many on Reddit agree.\""}
{"_id": "256789", "title": "", "text": "Yes, you'll be able to get the money by submitting legitimate receipts for care for your child, and at tax time you'll pay the tax on the extra $3600."}
{"_id": "256793", "title": "", "text": "A single corporation known for their mistreatment of employees and price/sale scamming taking over markets nationwide is bad for the majority of people. Sure they've provided consumers with a decent and innovative service, but I can't imagine an employer that treats the majority of their staff badly and lies to their customers will have much in the way of altruistic ideals."}
{"_id": "256802", "title": "", "text": "\"This is really the best thing you can do for any salary job in the interview process. It makes negotiating salaries SO much easier and you have a baseline to tell if they're trying to short you or what they thought of your interview.  Granted you should be adjusting for experience on a case-by-case basis but I've pointed to this in interviews when salary came up and (politely) said \"\"&lt;here's&gt; the average, I have a lot of experience in the field so I think &lt;this&gt; is an appropriately adjusted amount.\"\" None of my counter offers have been lower than the average.\""}
{"_id": "256803", "title": "", "text": "Never buy a new car if cost is an issue. A big chunk of the price will disappear to depreciation as you drive it off the lot. If you want a shiny new car with the latest equipment (and if you can afford it!), buy a lightly-used car. Normally I would recommend a 1-3 year old car. 95% of the value, with a big cost savings. But this depends on your financial situation. Given that you just need a commuter car for mostly highway driving, in a place where the weather is easier on cars, you could be fine with a 5-6 year old import. Camry's, Accords, Civics, etc are all well-built, reliable, and affordable due to their numbers. As for financing, shop around. Don't blindly use dealer financing. Check with banks and especially local credit unions and see what rate they can offer you. Then, when you are ready to go, get pre-approved (this is when they pull your credit) and get the car."}
{"_id": "256818", "title": "", "text": "To be fair, the analyst is talking about the book value of the firm. Basically, the value of all the stuff it owns now. There are plenty of companies with negative book value that can justify a positive share price. Ford, for instance, had negative book value but positive future earnings."}
{"_id": "256829", "title": "", "text": "As usual it depends, but fundamentally, an interest rate is just a function of a party's creditworthiness and the length of time the money is being lent out for.  So, no, if your credit entitles you to a 3% APR on a 60 month term, then it should entitle you to a better interest rate over a 30 month term. Perhaps not double, but better."}
{"_id": "256833", "title": "", "text": "\"You can make a custom category for \"\"Website expenses\"\" under Other Expenses as well. If the domain name only costs a very small amount, like $10, I think expensing it would be reasonable. Mariette IRS Circular 230 Notice: Please note that any tax advice contained in this communication is not intended to be used, and cannot be used, by anyone to avoid penalties that may be imposed under federal tax law.\""}
{"_id": "256846", "title": "", "text": "People keep saying they will make money from the data, I just don't see how it's possible.   They won't have enough data points, and what of interest is it going to show? It's going to generate no more data than a theatre loyalty card"}
{"_id": "256857", "title": "", "text": "Buying this car would be a good idea because you will quickly learn why you feel you need a BMW (that you cannot afford).  This is not an investment, but a financing decision, beyond your means of living. As a future MBA you will regret not investing this money now."}
{"_id": "256865", "title": "", "text": "This is only true if the traditional distributors can do a good enough job of promoting those artists through their own network so that even if the artist takes home less $, they're compensated by more fame which would lead to more $ in the future. I'm sure there are lots of cases where it goes either way. I'd love to see studies done though."}
{"_id": "256881", "title": "", "text": "They're not negotiating trade rates for you, you set the trade rates in your order. What they might have is a slightly slower system, delivering your orders a second later than the competition would. If that's critical to you then you should look at that, otherwise look at their fees, customer support and research aids because that's where the broker value is."}
{"_id": "256883", "title": "", "text": "Jim Rogers has been negative on India for decades.  I remember him saying something similar during early 90s.  He is a road travel adventurer type and makes his investment decisions on how his trips turn out.  India can be hell on even most seasoned of the adventurers!"}
{"_id": "256889", "title": "", "text": "That's exactly how I feel too.  I don't think there is an easy or painless way out of this mess.  But I do think the government needs to step aside and let everything correct.  Promote competition by removing regulatory hurdles for new businesses, and reduce taxes dramatically.  I imagine a huge part of this can be financed just by stopping our military operations, and not touching social services and healthcare.  Torpedo the hell out of wall street by letting the banks fail, and abolishing or nationalizing the Federal Reserve.  The economy will fall into depression for a while, but it will recover on its own in 1 to 2 years, much like the [depression of 1920](http://mises.org/daily/3788).  Absolutely do not try to prop prices up like they did in the Great Depression (for example, [by slaughtering pigs when people were hungry](http://www.lib.niu.edu/1993/ihy930578.html)).  The alternative to this is what we're doing now, which I think will, at best, end up similar to Japan's Lost Decade, or at worst, a hyperinflation of the US dollar."}
{"_id": "256890", "title": "", "text": "\"The prenup complicates things. The traditional vow of a marriage is \"\"What's mine is yours, what's yours is mine\"\". With such a traditional marriage it doesn't matter too much which partner's name something is in, in the event of a divorce the assets of the couple would be considered as a whole and then split. But you have a prenup which is presumably intended to change this traditional arrangement (and may or may not actually be enforceable). I think you are as such right to be wary. I think your only way forward long term is to amend the prenup and/or the legal status of the house to recognize it as a shared asset that you will both be contributing to and that it's value should be split in some way in the event of a divorce. In exchange you should probably be contributing some or all of the cash pile you have from selling your house to the common pot. Another loan may seem like a good option in the short term but in the long term the appreciation on a house is likely to be worth more than any interest on the loan (assuming you are using an interest rate comparable to commercial mortgage deals), plus any interest may well end up being taxable.\""}
{"_id": "256892", "title": "", "text": "That's not the whole quote:  &gt; the city is increasingly held up not as a model of China\u2019s future but as a cautionary tale \u2014 for Beijing and its allies, of the perils of democracy, and for the opposition, of the perils of authoritarianism.  * Beijing (authoritarians) see the perils of democracy  * The opposition (democracy advocates) see the the perils of authoritarianism.  Basically, it's a city with one foot in two worlds, and each side is pointing at the other as the obvious cause of the decline."}
{"_id": "256921", "title": "", "text": "\"In the other question, the OP had posted a screenshot (circa 2010) from Transunion with suggestions on how to improve the OP's credit score.  One of these suggestions was to obtain \"\"retail revolving accounts.\"\"  By this, they are referring to credit accounts from a particular retail store.  Stores have been offering credit accounts for many years, and today, this usually takes the form of a store credit card.  The credit card does not have the Visa or MasterCard logo on it, and is only valid at that particular store.  (For example, Target has their own credit card that only works at Target stores.)  The \"\"revolving\"\" part simply means that it is an open account that you can continue to make new charges and pay off, as opposed to a fixed retail financing loan (such as you might get at a high-end furniture store, where you obtain a loan for a single piece of furniture, and when it is paid off, the account is closed). The formula for credit scores are proprietary secrets.  However, I haven't read anything that indicates that a store credit card helps your credit score more than a standard credit card.  I suspect that Transunion was offering this tip in an attempt to give the consumer more ideas of how to add credit cards to their account that the consumer might not have thought of.  But it is possible that buried deep in the credit score formula, there is something in there that gives you a higher score if you have a store credit card. As an aside, the OP in the other question had a credit score of 766 and was trying to make it higher.  In my opinion, this is pointless.  Remember that the financial services industry has an incentive to sell you as much debt as possible, and so all of their advice will point to you getting more credit accounts and getting more in debt.\""}
{"_id": "256946", "title": "", "text": "\"For instance he is recommending moving money into HYD which seems to have a higher risk at an average return ( for this asset class )ABHFX seems to have a higher return at a lower risk. Often [his recommendations] are on the lower end of best performing funds in the class. Historical Mutual Fund performance has little to no predictive power for future performance so this shouldn't be an immediate disqualification.  Some good starting questions for you to evaluate a manager:  Does this mean it's a mistake to use UBS (or any bank limited in its fund offerings from other institutions) as the \"\"wealth management\"\" institution? All wealth management institutions have restrictions on possible investments.  Obviously, if your relative can't invest in the funds she wants that is an issue. Do these [Morningstar] ratings mean anything at all? This has been studied pretty carefully and the academic consensus appears to be that they have no consistant predictive power.  Kr\u00e4ussl and Sandelowsky wrote a particularly comprehensive paper on the subject.\""}
{"_id": "256950", "title": "", "text": "Bonds have multiple points of risk: This is part of the time value of money chapter in any finance course.  Disclaimer - Duff's answer popped up as I was still doing the bond calculations. Similar to mine but less nerdy."}
{"_id": "256971", "title": "", "text": "Not in the long term, of course not.  But take a cross-country flight in coach, after the normal check-in process at your destination, stress over a lost bag or two, and then with no turnaround time deliver an address, run a meeting, or work with sensitive materials.  As others have pointed out, an hour or two of coach isn't going to dramatically impact one's ability to do that although the flight could very well leave a sour taste in one's mouth if you had a baby screaming through most of it or some other adversity that could have been avoided if you flew business/first."}
{"_id": "256972", "title": "", "text": "Any money that ScottMcGready gives to the company is a personal loan that must be repaid by the company at some point without tax consequences. Any money that the company gives to ScottMcGready is either salary (Scott pays income tax, company counts this as cost), or a dividend (Scott pays dividend tax), or a loan (Scott must repay the loan)."}
{"_id": "256981", "title": "", "text": "Alas, institutions do not always act rationally, and being an outlier by never having debt may be bad enough. Therein is your problem. The question, then, is do you want to do business with institutions that are not acting rationally? While I cannot specifically speak to Canadian business practices, I have to imagine that in terms of credit history as a prerequisite to a lease, it can't be too different than America. It is possible to live without a credit score. This is typically done by those with enough resources that do not need to borrow money. To make transactions that commonly use credit scores, such as a lease, they will provide personal financial statements (balance sheets, personal income statements, bank statements, pay stubs, tax returns, etc...) to show that they are credit-worthy. References from prior landlords may also be beneficial. Again, the caveat is to elect to only conduct business with those individuals and institutions that are intelligent and rational enough to be able to analyze your financial position (and ability to pay) without a credit score. Therefore, you'll probably have better luck working with individual landlords, as opposed to corporate-owned rental complexes."}
{"_id": "256983", "title": "", "text": "\"Here are the top hitters in my (recent) experience, in highest-first order: Child Care By far the biggest potential cost is childcare, whether this be a full-time nursery/kindergarten, child minder, live-in Nanny/Au-pair or just paying a baby sitter when parents need a night off. This needs careful thought. In London, full-time nursery school (6 months to 4 years old) varies from 500 UKP to 2000 UKP per month, and the amount you pay does not guarantee the quality of the care/education. If you have relatives nearby, these costs can likely be reduced, but you'd really need to pay the relatives somehow - meals, bling, holidays, a new bathroom, etc. Loss of Earnings Whether the mother goes on maternity leave, or the father gives up his job to be a 'house husband', the family income is going to be affected for a period of time. You can plan for this by researching what government or company benefits the mother or father will get and for how long. I suggest dividing this amount evenly across the whole period that the stay-at-home parent will be off, rather than trying to calculate \"\"2 months' full pay, 2 months' half pay, 2 month's no pay\"\", because if you get into a pattern of high spending in the first two months, what will happen for the next 4 months. You also need to consider short-notice time off work when anybody is poorly. I suggest reserving some of your vacation time for unexpectedly-have-to-look-after-the-family time. When children start daycare/nursery, the germs cross-pollinate, so you get some really nasty strains of coughs, colds, diarrhoea and 'flu in the house, which could cause the primary carer to be unable to do their caring without (your) help. Bigger Car If you can't get a baby seat into your car because it doesn't have the proper fittings or doesn't have rear seats, you'll likely need to change your car. There are plenty of cars that are bigger in terms of people space without being more expensive, but it'll cost to change. Insurances If you have health insurance (e.g. US), you're going to have a proportional increase. Call your provider for details. Bear in mind that children have more illnesses and accidents than middle-age parents, so it could be a shock. Some parents take out life insurance to provide for their childrens' financial future in case of the worst happening. This can be around 50 UKP/65 USD per month, but it all depends on the lump sum you're insuring for. Equipment As a new parent, you think you need an incredible amount of equipment such as Changing Station, Cot/Crib, 'Moses Basket', Carry-Chair, Car Seat, Travel Cot/Crib, Feeding Chair, Changing Mat, Baby Bath, etc. When you bring a new baby home, you really only need a wipe-clean changing mat and somewhere safe for baby to sleep. You can buy anything else as you need it. In fact, it gives you more perspective to go shopping once you've had the baby. Whatever you buy, keep the receipt and don't open it until you need it. Much easier to take back the, e.g. portable baby bottle warmer, if you didn't open it because baby is breast-fed. When they become bigger (2 months plus), you'll need a Cot/Crib. Invest in an adjustable cot-bed - it's a bit larger than a regular Cot/Crib and the floor lowers as they get bigger, so you only need one for the first 2.5 to 3 years. Food If baby will have formula, there are baby-milk formula calculators on the web - in summary one box of quality formula is ~9 UKP/12 USD and this lasts around 4 days if fully formula-fed. Once they're onto food, you need to factor in baby food options. You can either make your own by side-lining some of the adult meal and blending it, then putting it into individual plastic containers. This takes effort, so not everyone has the energy. Alternatively, you're going to have to buy baby food in jars, packets or boxes for 3 meals a day and there'll be little snacks in-between. Baby snacks are strangely expensive, so recommend fruit. Budget for 5 UKP/7 USD per day until they're eating a small portion of the family meal. Clothes A new baby really only needs vests, all-in-one suits, blankets for warmth. You can go mad buying cute outfits, but they get limited use as a new baby grows really quickly. If you've a lot of family/friends and you have a tradition of some kind of \"\"good luck\"\" party ('baby shower'), then you can find that you end up being given lots of things. If you don't know the sex of the baby, ask people to get you a gift receipt if possible such that you don't get blue clothes for a girl. It may not bother you, but its' a pain when people say \"\"Katie is a strange name for a boy?\"\" just because your little girl has blue booties. Child-proofing Your Home This really does not have to cost a lot. Some people go mad putting soft corners on all the hard edges, covering the electrical sockets and generally sanitizing the whole home. It's up to you, but if there's a room full of sharp/poisonous things like a kitchen or utility room, you might want to put a 15 UKP/20 USD baby gate on that room. Putting the breakable or sharp things up high, or stored away in the attic is a sensible move too.\""}
{"_id": "256996", "title": "", "text": "You will most likely not be able to avoid some form of format conversion, regardless of which data you use since there is, afaik, no standard for this data and everyone exports it differently. One viable option would be, like you said yourself, using the free data provided by Dukascopy. Please take into consideration that those are spot currency rates and will most likely not represent the rate at which physical and business-related exchange would have happened at this time."}
{"_id": "257016", "title": "", "text": "You are on the right track with your math, but be wary of your assumptions. If you can borrow money at x% (and can afford to make payments on the debt), and you can get a return of > x% from investing, then you would make more money by keeping the debt and investing your savings. Another way to think of it: by paying off the debt you are getting a guaranteed 5% return because that's the rate you'd have paid if you kept the debt. Be wary of your assumption of getting a 10% return in the S&P 500. Nothing is guaranteed, even over the long term. Actual results may well be less, and you could lose money. It doesn't have to be all-or-nothing: why not pay off the higher rate debt at 5% and keep the 3% debt? That's a guaranteed 5% return by paying off the NSLSC loan. And 3% is a pretty low interest rate. If you can afford to make the payments, I see nothing wrong with investing your savings instead of paying off the loan. Make sure you have an emergency fund, too."}
{"_id": "257046", "title": "", "text": "I concur with the other answers about not mixing family and money: the one whose loans are paid off second will be taking the credit risk of the other not paying/being able to pay. There may also be tax implications. That said, if you do still want to do this, I think there's a fairly straightforward way to account for the payments. With your scenario, your brother should make you a personal loan at some interest rate inbetween 5% and 10%. That loan would be tracked independently of the actual student loans. Any money that your brother transfers to you to pay off your loans, add to that personal loan, and later on once your loans are paid off you start repaying the loan to him and he uses the proceeds for his own loans. The interest rate will determine how the benefit of paying off the 10% loans is shared: if the rate is set at 10% then your brother will get all the benefit, if 5% you will get all the benefit, and 7.5% would roughly share it out. This means that you can still manage your own student loans separately. Your brother can choose how little or much to commit to the snowball rather than his own loans (of course he should first make the minimum payments on his own loans). Anything he does loan you benefits you both if we ignore the credit and tax issues - he gets more than the 5% interest on his own loans, and you pay less than the 10% interest on your loans. You'll need to track the payments each way on this personal loan and apply interest to it every so often, I'd suggest monthly (beware that the monthly equivalent of 5% annual interest is not 5%/12, because of compounding)."}
{"_id": "257051", "title": "", "text": "These schools also have holiday programs in their curriculum in which students go to supper camps to spend valuable time. It increases the self-confidence among students and makes sure that kids have to go through daily physical activity. These classes prove beneficial in teaching leadership and team workforce skills. The learning is provided in an environment that is free from the pressure of high-stakes testing and helps the student get out of their comfort zones."}
{"_id": "257060", "title": "", "text": "No, you don't. Rounding errors happen, and if there's no change in the actual tax there's no reason to amend. If all the income was properly reported and the tax was properly calculated - no-one cares if it was rounded up or down on one of the lines. Note for the next time though: Not sure about New York, but Federal taxes are generally rounded to the nearest dollar on each line of the form. So don't calculate cents, just round to the nearest dollar, and be consistent on all of your tax forms. Technically, it is perfectly legal to report cents as well (and people used to when the forms were still filled by hand with pen), but all the automatic tax filing software rounds, so just do that."}
{"_id": "257077", "title": "", "text": "Maybe if it required immense talent or skill it would. All you really need to do is be able to handle people for several hours a day, which is a prerequisite to any job. Instead you get a bunch of salty, usually snotty individuals with zero marketable skills who couldn't get a job elsewhere or are lazy and know they can slack off like shit and not get fired working there. My best friend and roommate was one of those people and he worked there a year and barely got the minimum raises. Everyday he bitched about how dumb everyone he worked with was despite the fact he's one of the dumbest people I know. He thought the world owed him something and he didn't care how he got it. That was about 60% of the people there that I knew. On the other hand, the other 40% of people I knew working there were still young kids, but didn't think every person with a somewhat dumb question was an idiot. They showed up on time, got their work done, and were pleasant to be around despite having a shitty job. They were the same age and from the same background as my friend, but they didn't come to work with a chip on their shoulder. After several months most of them had been promoted to higher positions or even assistant managers, they were making considerably more money and had more responsibility. They could not be replaced the next day by someone with no training or experience and were worth even more to the company than their time a dozen former peers who acted like assholes.  If you let your starting salary or position dictate your attitude toward a job, you're never going to get anywhere in life. The world doesn't owe a huge salary and benefits. I'm hardly arguing for big companies that can and do treat employees badly, but having seen what that sometimes consists of, I don't tend to get my panties in a bunch over it anymore. I've worked my fair share of shit jobs in the beating sun and sweltering heat for shit money, and I didn't treat people like shit because of it. Hell I actually really enjoyed one of them. The difference is I never thought the world owed me something because two people had the idea to fuck one night."}
{"_id": "257080", "title": "", "text": "I'm pretty sure my dog is better at catching balls than I am, also dogs don't think that the alignment of the stars during their birth had any affect on how happy they are.   I read a book called *The Drunkard's Walk* and in it they talk about a experiment where humans and rats were shown a deck of cards that was 2/3 red and 1/3 black. When humans were asked to guess the cards, they guessed black 1/3 of the time, and red 2/3 of the time, while rats picked red every time. Humans were right about 60% of the time, rats were right 2/3 (66.7%) of the time. Rat brains are more correct than human brains."}
{"_id": "257093", "title": "", "text": "The primary drivers of cash flow in a software firm is the productivity and skill of your employees. How is that reflected in a balance sheet? Well, take a company like Adobe or Salesforce, or even Microsoft.  What would you be able to tell about each from their balance sheets? You can look at their cash level, and what else would matter?"}
{"_id": "257100", "title": "", "text": "You need to redomesticate it. Usually that involves filing Articles of Dissolution with your current jurisdiction of Org and Articles of Incorp or domestication with the new state. Note that there are some states that are not open to redomestication (and Cali always tends to be an oddball).  You can probably call up the Secretary of States' offices in both jurisdictions and someone will give you the heads up about what to file. Google search could help. Also a CO lawyer could probably do this for about $1k.  Another way around this might be to form a CO LLC and then merge the CA LLC into the surviving CO. In the event of both a redomestication or merger, you want to check your org docs and any and all outside contracts. Redomestication/merger can trigger change of control provisions that may open you up to penalties or termination of those contracts.   As always the best legal advice I can give on Reddit would be to find a lawyer for this."}
{"_id": "257116", "title": "", "text": "\"Wrongful termination my ass.  There are four protected categories those being Age, Sex, Color and Creed.  Anything else?  Fair game.    \"\"Hey, Bahhumbugger, Never say stupid when you mean you disagree. Seriously.  Here's a memo to that effect.\"\"   Two days later, Bahhumbugger: fired for cause, for incorrectly using the word \"\"Stupid.\"\"  Holds up fine in court.  I know, I've done it.\""}
{"_id": "257122", "title": "", "text": "\"I think that all else being equal, if more people have solar panels on our roof, we keep our military in FEWER countries, instead of planning on RAMPING up the number (see: Nigeria). Furthermore, the initial question wasn't whether installing solar panels is going to stop the action. **The conversation started by being about whether solar is actually cheaper when you factor in the amount used to subsidize both sources of energy. Not whether switching to solar would stop subsidies to oil.** What you did is called \"\"moving the goalposts\"\".  The word 2016 doesn't show up in the article or in the study it cites. That was a typo. I understand it was about 2013, I was trying to saying that it was about the same year as yours. That was my bad. I read the whole thing originally, and I even read the study. I accept responsibility for the typo though.  ANYWAYS, neither set of data is manipulated, my study just includes more things, like foreign tax credits, cleanup subsidies for both coal and oil, tar sands exemption from cleanup funds, Power Africa (a five year, 7 billion dollar program that was only ANNOUNCED in 2013). That overseas stuff that goes on is a HUGE part of the equation.   And okay, so they aren't equivalent. Then your point is moot. Yes, both sides have off the book subsidies, but one side's off the book subsidies are so unfathomably bigger that it's laughable to even put them in the same category. Not to mention the costs of war in the middle east stretch beyond money (think lives), and recycling programs actually come with benefits (think smaller landfills).\""}
{"_id": "257126", "title": "", "text": "It's because you're not important enough. Not in like a douche way, you're just not on their list of things to care about. Foreign governments would be looking for information on people with serious power. Assuming you were a more normal person, they have no reason to care about you."}
{"_id": "257163", "title": "", "text": "These have been around for decades. In the 80's and 90's they had you setup small ads in local newspapers and you would sell a brochure tells people how to make money, or solve some other problem. The idea was that money would roll in. The more ads you placed the more money you made. In the late 90's they had you setup a small website instead of a small newspaper advertisement , but the rest was the same. They were also done with eBay as the medium. Now they are live streams.  Most of the money made is by the people selling you the course materials to show you exactly how to make money. Some of the people pitching these ideas though books, websites and infomercials were able to update their shtick to change with the medium, but the end result was always the same. Most people didn't make serious cash.  The initial description of how it works is done for free and isn't enough information to know how to do it. The real secrets are after you pay for the advanced course. Of course to really make them work you need the expensive coaching sessions."}
{"_id": "257168", "title": "", "text": "\"A tax return is a document you sign and file with the government to self-report your tax obligations. A tax refund is the payment you receive from the government if your payments into the tax system exceeded your obligations.  As others have mentioned, if an extra $2K in income generated $5K in taxes, chances are your return was prepared incorrectly. The selection of an appropriate entity type for your business depends a lot on what you expect to see over the next several years in terms of income and expenses, and the extent to which you want or need to pay for fringe benefits or make pretax retirement contributions from your business income. There are four basic flavors of entity which are available to you: Sole proprietorship. This is the simplest option in terms of tax reporting and paperwork required for ongoing operations. Your net (gross minus expenses) income is added to your wage income and you'll pay tax on the total. If your wage income is less than approximately $100K, you'll also owe self-employment tax of approximately 15% in addition to income tax on your business income. If your business runs at a loss, you can deduct the loss from your other income in calculating your taxable income, though you won't be able to run at a loss indefinitely. You are liable for all of the debts and obligations of the business to the extent of all of your personal assets. Partnership. You will need at least two participants (humans or entities) to form a partnership. Individual items of income and expense are identified on a partnership tax return, and each partner's proportionate share is then reported on the individual partners' tax returns. General partners (who actively participate in the business) also must pay self-employment tax on their earnings below approximately $100K. Each general partner is responsible for all of the debts and obligations of the business to the extent of their personal assets. A general partnership can be created informally or with an oral agreement although that's not a good idea. Corporation. Business entities can be taxed as \"\"S\"\" or \"\"C\"\" corporations. Either way, the corporation is created by filing articles of incorporation with a state government (doesn't have to be the state where you live) and corporations are typically required to file yearly entity statements with the state where they were formed as well as all states where they do business. Shareholders are only liable for the debts and obligations of the corporation to the extent of their investment in the corporation. An \"\"S\"\" corporation files an information-only return similar to a partnership which reports items of income and expense, but those items are actually taken into account on the individual tax returns of the shareholders. If an \"\"S\"\" corporation runs at a loss, the losses are deductible against the shareholders' other income.  A \"\"C\"\" corporation files a tax return more similar to an individual's. A C corporation calculates and pays its own tax at the corporate level. Payments from the C corporation to individuals are typically taxable as wages (from a tax point of view, it's the same as having a second job) or as dividends, depending on how and why the payments are made. (If they're in exchange for effort and work, they're probably wages - if they're payments of business profits to the business owners, they're probably dividends.) If a C corporation runs at a loss, the loss is not deductible against the shareholders' other income.  Fringe benefits such as health insurance for business owners are not deductible as business expenses on the business returns for S corps, partnerships, or sole proprietorships. C corporations can deduct expenses for providing fringe benefits.  LLCs don't have a predefined tax treatment - the members or managers of the LLC choose, when the LLC is formed, if they would like to be taxed as a partnership, an S corporation, or as a C corporation. If an LLC is owned by a single person, it can be considered a \"\"disregarded entity\"\" and treated for tax purposes as a sole proprietorship. This option is not available if the LLC has multiple owners.  The asset protection provided by the use of an entity depends quite a bit on the source of the claim. If a creditor/plaintiff has a claim based on a contract signed on behalf of the entity, then they likely will not be able to \"\"pierce the veil\"\" and collect the entity's debts from the individual owners. On the other hand, if a creditor/plaintiff has a claim based on negligence or another tort-like action (such as sexual harassment), then it's very likely that the individual(s) involved will also be sued as individuals, which takes away a lot of the effectiveness of the purported asset protection. The entity-based asset protection is also often unavailable even for contract claims because sophisticated creditors (like banks and landlords) will often insist the the business owners sign a personal guarantee putting their own assets at risk in the event that the business fails to honor its obligations.  There's no particular type of entity which will allow you to entirely avoid tax. Most tax planning revolves around characterizing income and expense items in the most favorable ways possible, or around controlling the timing of the appearance of those items on the tax return.\""}
{"_id": "257185", "title": "", "text": "Moving Average is mere average line based on historical period; broadly use to view the trend. But it has no relation to price action in due future course. If price is going below 20 SMA then in near future even the SMA will start directing toward south. In your case if price has fallen below all the short period average lines and long period average line then it is bearish in nature. Soon in few days you may find 20 SMA leading downwards followed by closest period and then long. Also SMA and EMA can best be observed in charting software in candlestick mode. Because these moving averages can also be adjusted and viewed based on Opening price, High prices, Low Price or closing price. In you case I guess the data is of closing price data. Overlapping of averages may be sign of reversals. So if you want to buy this stock you may have to wait till all the average lines cross-over and when new trend begins with SMA of shortest avg period (20) leading above the long avg period (90 days in your case). Then you can buy and just follow the trend. I hope it answers you question."}
{"_id": "257187", "title": "", "text": "\"Sometimes 403b's contain annuities or other insurance related instruments.  I know that in many New York schools the local teacher unions administer the 403b plan, and sometimes choose proprietary investments like variable annuities or other insurance products. In New York the Attorney General sued and settled with the state teacher's union for their endorsement of a high cost ING 403b plan -- I believe the maintenance fees were in excess of 3%/year!  In a tax deferred plan like a 401k, 403b or 457 plan, the low risk \"\"insurance fund\"\" is generally a GIC \"\"Guaranteed Investment Contract\"\". A GIC (aka \"\"Stable Value Fund\"\") is sort of cross between a CD and a Money Market fund. It's used by insurance companies to raise short term capital. GICs usually yield a premium versus a money market and are a safe investment. If your wife is in a 403b with annuities or other life-insurance tie ins other than GICs, make sure that you understand the fee structure and ask lots of questions.\""}
{"_id": "257201", "title": "", "text": "So a job that is year round can just just be filled by students pointedly going to leave in 2 months? What business looking to reduce turnover and have long term (3/4 time) employment would consider students a good substitute?"}
{"_id": "257213", "title": "", "text": "Software does not compare to books.   Free Software distributors can still make a good living supporting the software they give away.   What will an author do with a books they just gave away?  Become lecturers?  I can't think of anything a Writer could do to support themselves if they just gave everything away."}
{"_id": "257214", "title": "", "text": "They have had a lot of fraud/unethical issues, which is why Jon Cryan was brought in to try and fix them up. He has been doing a good job and very few if any fraud issues have been perpetrated  since he stepped in (they have been fined for past abuses during his tenure, but he's definitely improving the company)."}
{"_id": "257216", "title": "", "text": "\"Better financial analyst on paper or to improve your own ability?  In my opinion what makes a good analyst is a thorough understanding of macro and financial statements, intellectual curiosity and ability to think independently.  To be able to look at a dataset and come to your own conclusions without outside bias.  To not just want to learn \"\"how\"\" but also why.  You can't improve if you don't question the status quo.  Everyone lists Excel as a skill on their resume but it is amazing how few people really know it.  More employable, what I would want to see is experience in Bloomberg, Factset and Thomson Reuters.  And how you have utilized the tools.  I want to see that you can think independently.  Show me you are capable of completing a task just by being given the starting point and the ending point without needed to be told every step in between.  As I said previously, everyone claims to be Excel experts, show me that you really do have advanced knowledge.\""}
{"_id": "257231", "title": "", "text": "\"I though that only some hedge funds operated that way and others were specific vehicles to provide an efficient hedge? This one is described as \"\"betting against chipmakers\"\" and is blaming a substantial loss against one market, so it can't be doing a great job of hedging itself.   Though I think we're saying the same thing and just have a different view of the common meaning of \"\"hedge fund\"\".\""}
{"_id": "257241", "title": "", "text": "It is typically possible to sell during a crash, because there are enough people that understand the mechanics behind a crash. Generally, you need to understand that you don't lose money from the crash, but from selling. Every single crash in history more than recovered, and by staying invested, you wouldn't have lost anything (this assumes you have enough time to sit it out; it could take several years to recover). On the other side of those deals are people that understand that, and make money by buying during a crash. They simply sit the crash out, and some time later they made a killing from what you panic-sold, when it recovers its value."}
{"_id": "257248", "title": "", "text": "If you pay extra now you will pay less in interest over the life of the loan. Unless your savings account has a higher interest rate than the loan's rate you are not saving anything. That being said, you may have a greater need for savings due to other things (e.g. you might need a emergency fund). But if you are only saving for the loan: compare the rates to see if it is worth it."}
{"_id": "257249", "title": "", "text": "It is definitely legal and will be accounted by the IRS as earned income."}
{"_id": "257256", "title": "", "text": "Have you tried TransferWise.  They offer nice cross currency transfers with really low rates."}
{"_id": "257258", "title": "", "text": "You would need to use Trading Accounts. You can enable this, File->Properties->Account settings tab, and check Use Trading Accounts. For more details see the following site: http://wiki.gnucash.org/wiki/Trading_Accounts"}
{"_id": "257262", "title": "", "text": "Can I ask you to restate that in a less 'soundbitey' manner? What principle justifies the right of government to label a firm as 'too big to exist'? What actions should a government be able to institute in these cases and what principles justify these actions?"}
{"_id": "257266", "title": "", "text": "Well their whole business model is watch sports and eat shitty food here cuz you have money to blow and now people are like I dont like sports, prefer my food not shitty and dont have money to blow. Might as well shut it all down and make another restaurant with the space instead of trying to rebrand."}
{"_id": "257274", "title": "", "text": "\"There are ways to mitigate, but since you're not protected by a tax-deferred/advantaged account, the realized income will be taxed. But you can do any of the followings to reduce the burden: Prefer selling either short positions that are at loss or long positions that are at gain. Do not invest in stocks, but rather in index funds that do the rebalancing for you without (significant) tax impact on you. If you are rebalancing portfolio that includes assets that are not stocks (real-estate, mainly) consider performing 1031 exchanges instead of plain sale and re-purchase. Maximize your IRA contributions, even if non-deductible, and convert them to Roth IRA. Hold your more volatile investments and individual stocks there - you will not be taxed when rebalancing. Maximize your 401K, HSA, SEP-IRA and any other tax-advantaged account you may be eligible for. On some accounts you'll pay taxes when withdrawing, on others - you won't. For example - Roth IRA/401k accounts are not taxed at all when withdrawing qualified distributions, while traditional IRA/401k are taxed as ordinary income. During the \"\"low income\"\" years, consider converting portions of traditional accounts to Roth.\""}
{"_id": "257291", "title": "", "text": "We are a one stop solution when you talk about Heating &amp; Air conditioning systems and Refrigeration. Our experience in this field is more then 25 years and our customers have been loyal to us for many years. Our customers have always been our priority. Try us out we will give you the best customer service."}
{"_id": "257293", "title": "", "text": "Yea that\u2019s my point coal generation gets monopolies and subsidies, alternative gets subsidies. Who gets more as a weighted metric? In a per Capita and absolute sense. Also how you do you calculate out subsidies on panels sold that were subsidized? I don\u2019t know."}
{"_id": "257303", "title": "", "text": "\"You will need to see a tax expert. Your edited question includes the line For the short term, we will be \"\"renting\"\" it to my wife's grandmother at a deep discount. According to the instructions for schedule E If you rented out a dwelling unit that you also used for personal   purposes during the year, you may not be able to deduct all the   expenses for the rental part. \u201cDwelling unit\u201d (unit) means a house,   apartment, condominium, or similar property. For each property listed on line 1a, report the number of days in the   year each property was rented at fair rental value and the number of   days of personal use. A day of personal use is any day, or part of a day, that the unit was   used by: I have no idea how this will work for Schedule C.\""}
{"_id": "257311", "title": "", "text": "If you are using paypal to sell items online, you need a Premier (or better) account rather than personal. Paypal states: Our fees are the same for Personal, Premier, and Business accounts.   [...] If you use your PayPal account to request money from someone,   you'll be charged a fee when you receive the payment."}
{"_id": "257343", "title": "", "text": "If you budget for cloths and save up the money, you may be able to take advantage of sales when they are on.   However only buy what you will use! You need to ask yourself what value you put on cloths compared to other things you can spend the money on.   Also would you rather have money in the bank encase you need it rather than lots of cloths in the wardrobe?"}
{"_id": "257348", "title": "", "text": "\"I was going to argue about the \"\"intent to execute\"\" but when I read Denninger's argument carefully, I was forced to agree. To the extent that the SEC rules are requiring human intention (should they?) then yes a time limit like 2 seconds (or even longer) can make sense. It's a kludgy solution though.\""}
{"_id": "257374", "title": "", "text": "\"this isn't false advertising. False advertising is offering something to lure you in but it turning out to be something totally different, substantially less or different terms than what you thought you were agreeing too. You're still getting 60% off. This is more like \"\"sleazy advertising\"\"... but tons of companies do these 24/7 \"\"sales\"\"\""}
{"_id": "257378", "title": "", "text": "\"In fact, it's quite the opposite. If someone is willing to sell some stock as low as $30/share, and someone else is willing to pay $31/share, one of those individuals is going to get a good deal - unless HFT acts as the middle-man and snags the extra dollar. In which case the individuals get the worst price they would accept and someone with fast collocated computers gets to skim some profits (while adding no value, the order could have happened without the so called \"\"liquidity\"\" that HFT claims to add).  It's not exactly that simple, but that's the basic effect. It's an unnecessary middleman that skims profits away from individuals on both sides.  I would like to see a return to \"\"investing\"\" back to the meaning of the word, instead of gambling on daily or short-term fluctuations. I wouldn't mind a long-term holding requirement (3 months?) for every purchase, and a daily exchange-calculated set price (calculated by actual orders placed) that everyone who buys/sells a particular stock on a given day pays.  Yes, my ideas would destroy an entire industry. I'm ok with that because it would encourage people to *really* invest in companies.\""}
{"_id": "257399", "title": "", "text": "that's just not possible. 27% of all US scientists are immigrants and so are 48% of all engineers.  America does not produce enough high educated/skilled workers.   MS build, or planned on building, a research facility around 5 years ago. They said they can't get enough professors and doctors with adequate education to fill the 9,000 positions. so they asked the INS how to proceed. the INS told them to fill H1b visa applications. that is only once a year and they might get, statistically, only 2000-3000 out of it of they're lucky because most will be rejected or just not get picked (it's a lottery).   MS asked Canada, Canada said do whatever, more taxes for us. MS built it in Ontario I think.  at the same time Google wrote that angry blog post in their corporate blog about how shitty the H1b situation is."}
{"_id": "257404", "title": "", "text": "The process would look something like:  1. Register your investment company with the SEC 2. Get the ETF approved by the SEC  3. Get a custodian bank (likely requires min assets of a few million) 4. Get listed on an exchange like NYSEARCA by meeting requirements and have an IPO   1 and 2 probably require a lot of time and fees and would be wise to have a lawyer advising, 3 is obviously difficult due to asset requirements and 4 would probably involve an investment bank plus more fees"}
{"_id": "257413", "title": "", "text": "Large companies whose shares I was looking at had dividends of the order of ~1-2%, such as 0.65%, or 1.2% or some such. My savings account provides me with an annual return of 4% as interest. Firstly inflation, interest increases the numeric value of your bank balance but inflation reduces what that means in real terms. From a quick google it looks like inflation in india is currently arround 6% so your savings account is losing 2% in real terms. On the other hand you would expect a stable company to maintain a similar value in real terms. So the dividend can be seen as real terms income. Secondly investors generally hope that their companies will not merely be stable but grow in value over time. Whether that hope is rational is another question.  Why not just invest in options instead for higher potential profits? It's possible to make a lot of money this way. It's also possible to lose a lot of money this way. If your knowlage of money is so poor you don't even understand why people buy stocks there is no way you should be going near the more complicated financial products."}
{"_id": "257415", "title": "", "text": "I don't see how it makes a difference?    Setup a futures contract for 33 times more than you have the capital to support and write it as confirmed income, slot it into your balance sheet and then borrow against it.  It's fundamentally no different to the example from the OP, it's just a different way of reaching it."}
{"_id": "257416", "title": "", "text": "There isn't a single career or major that US education system is unable to churn out an abundance of graduates. There isn't a software language in the USA that a USA company needs, that India has experience with, but the USA does **not** have experience with. Immigrants come to the USA for an education, not the other way around. We don't see countless Americans going to India for their computer science degree because USA schools are just not good enough. This holds true for economics, chemistry, physics, and any other discipline. The immigrants are not more skilled, and are typically lower skilled. They are just cheaper, that is all. Undocumented immigrant labor was welcomed by Wall Street for decades because it broke the working class unions. Well paying white collar jobs are also being given to immigrant labor to drive down costs, it is that simple."}
{"_id": "257417", "title": "", "text": "\"Robert Kiyosaki's is basically a get-rich quick author.  But to answer your question: It is a sales pitch in disguise. See Marketplace's report on a Kiyosaki seminar, which reveals that the free work shop is a sales pitch for a 3-day work shop which costs several hundred dollars.  And the 3-day workshop is a sales pitch for \"\"advanced\"\" training which can cost as much as $45,000 (presumably in Canadian dollars, as the report was done in Canada). He does touch on some basic sound principles, but it's mixed with a lot of really bad (and in some cases illegal) advice.  You'll do much better to invest your time and money in reading materials that aren't advertised via infomercials. Kiyosaki may well be rich, but it's from selling his Rich Dad-branded material, not from investing in real estate, or any other investment portfolio See also John T. Reed's guru rating, and his review of Kiyosaki's book, Rich Dad, Poor Dad.\""}
{"_id": "257434", "title": "", "text": "\"&gt;dollar will continue to be the world reserve currency   There are a number of triggering events tat could change this rapidly.  One is Japan.  They desperately need money, and one day they'll *have* to dump a large share of their tbills.  Bernanke only manages the money supply looking at the US.  Meanwhile, look at what the world is saying:  Chinese students laugh at Geithner in his face, Putin calls Bernanke a hooligan, trades start to bypass the usd, and so on and so forth.  Anyone can put on a happy face that this has not happened.  But the argument boils down to \"\"Since that I have not died, I will never die\"\"-form.\""}
{"_id": "257443", "title": "", "text": "I assume the OP is the US and that he is, like most people, a cash-basis tax payer and not an accrual basis tax payer. Suppose the value of the rental of the unit the OP is occupying  was reported  as income on the OP's 2010 and 2011 W-2 forms but the corresponding income  tax was not withheld.  If the OP correctly transcribed these income numbers onto his tax returns, correctly computed the tax on the income reported on his 2010 and 2011 1040 forms, and paid the amount due in timely fashion,  then there is no tax or penalty due for 2010 and 2011. Nor is the company entitled to withhold tax on this income for 2010 and 2011 at this time; the tax on that income has already been paid by the OP directly to the IRS and the company has nothing to do with the matter anymore. Suppose the value of the rental of the unit the OP is occupying  was NOT reported as income on the OP's 2010 and 2011 W-2 forms.  If the OP correctly transcribed these income numbers onto his tax returns, correctly computed the tax on the income reported on his 2010 and 2011 1040 forms, and paid the amount due in timely fashion,  then there is no tax or penalty due for 2010 and 2011. Should the OP have declared the value of the rental of the unit as additional income from his employer that was not reported on the W-2 form, and paid taxes  on that money? Possibly, but it would be reasonable to argue that the OP did nothing wrong other than not checking his W-2 form carefully: he simply assumed the income numbers included the value of the rental and copied whatever the company-issued W-2 form said onto his 1040 form. At least as  of now, there is no reason for the IRS to question his 2010 and 2011 returns because the numbers reported to the IRS on Copy A of the W-2 forms match the numbers reported by the OP on his tax returns.    My guess is that the company discovered that it had not actually declared the value of the rental payments on the OP's W-2 forms for 2010 and 2011 and now wants to include this amount as income on subsequent W-2 forms. Now, reporting a lump-sum benefit of $38K (but no actual cash)  would have caused a huge amount of income tax to need to be withheld, and the OP's next couple of paychecks might well have had zero take-home pay as all the money was going towards this tax withholding. Instead, the company is saying that it will report the $38K as income in 78 equal installments (weekly paychecks over 18 months?)  and withhold $150 as the tax due on each installment. If it does not already do so, it will likely also include the value of the current rent as a benefit and withhold tax on that too. So the OP's take-home pay will reduce by $150 (at least) and maybe more if the current rental payments also start appearing on the paychecks and tax is withheld from them too. I will not express an opinion on the legality of the company withholding an additional $150 as tax from the OP's paycheck, but will suggest that the solution proposed by the company (have the money appear as taxable benefits over a 78-week period, have tax withheld, and declare the income on your  2012, 2013 and 2014 returns) is far more beneficial to the OP than the company declaring to the IRS that it made a  mistake on the 2010 and 2011 W-2's issued to the OP, and that the actual income paid was higher. Not only will the OP have to file amended returns for 2010 and 2011 but the company will need to amend its tax returns too. In summary, the OP needs to know that He will have to pay taxes on the value of the waived rental payments   for 2010 and 2011. The company's mistake in not declaring this as income to the OP   for 2010 and 2011 does not absolve him of the responsibility   for paying the taxes What the company is proposing is a very reasonable solution to the   problem of recovering from the mistake. The alternative, as @mhoran_psprep points out, is to amend   your 2010 and 2011 federal and state tax returns to declare the   value of the rental during those years as additional income,   and pay taxes (and possibly penalties) on the additional   amount due. This takes the company completely out of the picture,   but does require a lot more work and a lot more cash now rather   than in the future."}
{"_id": "257444", "title": "", "text": "Igor Krivor Russ and Igor Krivor are brothers who started DLC Residential in 2005. As early as 2004, the Krivoruchko brothers noticed that there was a growing need for single-family homes in Miami, Florida. This knowledge quickly turned into a business as they began to help investors grow their wealth through real estate. Igor and Russ Krivor change their business model based on what is most likely to yield real returns for their investors."}
{"_id": "257445", "title": "", "text": "Yep. The best products dont win just because they're the best.   A classic example was that of new coke. Taste tests and focus groups showed that people *preferred* new coke. Once the formula hit the shelves people rebelled and coca cola immediately brought back classic coke."}
{"_id": "257457", "title": "", "text": "&gt; Stock markets are supposed to be about investment and providing capital to companies for operations and research. High frequency trading is only about gaming the market and nothing else. Arguments that this provides more capital or liquidity don't make any sense because the speed of trading is such that listed companies cannot take advantage and only high frequency traders are served.  I used to feel this way about derivatives but a commentator on reddit disabused me of that notion -   http://www.reddit.com/r/Entrepreneur/comments/11bqnk/what_you_wont_see_on_the_front_page_of_reddit_the/c6lnqow  If the only function of the stock market is investment and provide capital to companies, why have a secondary market at all?"}
{"_id": "257467", "title": "", "text": "As soccer is one of the most popular game which is played worldwide so there are many companies used to manufacture the soccer ball. But the Best cheap soccer balls manufacture are as like the Adidas they are the main sponsor for the FIFA and the other game and their ball is very much popular among all soccer lovers. Nike is also one of the big sponsors for big events and there is lots of other brand also who used to manufacture the soccer ball."}
{"_id": "257475", "title": "", "text": "Work-life balance is kind of a bad joke if you actually are in a career with high growth potentials imo. It isn't even confined to just finance. Anyone I know with high growth potential jobs, especially during junior years at the firm, will require quite a bit of OT. I'd say most 9-5 jobs do not provide rapid growth in salary / positions."}
{"_id": "257476", "title": "", "text": "I know this is off-topic but our most long lasting car was a Lada. Lasted 13 years (used when we bought it) and even sold for a nice sum to some enthusiastic russian. But yes it will not be pretty if Russia reverts to autarky, even from a car perspective."}
{"_id": "257483", "title": "", "text": "\"First of all, congratulations on admitting your problem and on your determination to be debt-free.  Recognizing your mistakes is a huge first step, and getting rid of your debt is a very worthwhile goal. When considering debt consolidation, there are really only two reasons to do so: Reason #1: To lower your monthly payment.  If you are having trouble coming up with enough money to meet your monthly obligations, debt consolidation can lower your monthly payment by extending the time frame of the debt.  The problem with this one is that it doesn't help you get out of debt faster.  It actually makes it longer before you are out of debt and will increase the total amount of interest that you will pay to the banks before you are done.  So I would not recommend debt consolidation for this reason unless you are truly struggling with your cashflow because your minimum monthly payments are too high.  In your situation, it does not sound like you need to consolidate for this reason. Reason #2: To lower your interest rate.  If your debt is at a very high rate, debt consolidation can lower your interest rate, which can reduce the time it will take to eliminate your debt. The consolidation loan you are considering is at a high interest rate on its own: 13.89%.  Now, it is true that some of your debt is higher than that, but it looks like the majority of your debt is less than that rate.  It doesn't sound to me that you will save a significant amount of money by consolidating in this loan.  If you can obtain a better consolidation loan in the future, it might be worth considering. From your question, it looks like your reasoning for the consolidation loan is to close the credit card accounts as quickly as possible.  I agree that you need to quit using the cards, but this can also be accomplished by destroying the cards.  The consolidation loan is not needed for this. You also mentioned that you are considering adding $3,000 to your debt.  I have to say that it doesn't make sense at all to me to add to your debt (especially at 13.89%) when your goal is to eliminate your debt.  To answer your question explicitly, yes, the \"\"cash buffer\"\" from the loan is a very bad idea. Here is what I recommend: (This is based on this answer, but customized for you.) Cut up/destroy your credit cards.  Today.  You've already recognized that they are a problem for you.  Cash, checks, and debit cards are what you need to use from now on. Start working from a monthly budget, assigning a job for every dollar that you have.  This will allow you to decide what to spend your money on, rather than arriving at the end of the month with no idea where your money was lost.  Budgeting software can make this task easier.  (See this question for more information. Your first goal should be to put a small amount of money in a savings account, perhaps $1000 - $1500 total.  This is the start of your emergency fund.  This money will ensure that if something unexpected and urgent comes up, you won't be so cash poor that you need to borrow money again.  Note: this money should only be touched in an actual emergency, and if spent, should be replenished as soon as possible.  At the rate you are talking about, it should take you less than a month to do this. After you've got your small emergency fund in place, attack the debt as quickly and aggressively as possible.  The order that you pay off your debts is not significant. (The optimal method is up for debate.)  At the rate you suggested ($2,000 - 2,500 per month), you can be completely debt free in maybe 18 months. As you pay off those credit cards, completely close the accounts.  Ignore the conventional wisdom that tells you to leave the unused credit card accounts open to try to preserve a few points on your credit score.  Just close them. After you are completely debt free, take the money that you were throwing at your debt, and use it to build up your emergency fund until it is 3-6 months' worth of your expenses.  That way, you'll be able to handle a small crisis without borrowing anything. If you need more help/motivation on becoming debt free and budgeting, I recommend the book The Total Money Makeover by Dave Ramsey.\""}
{"_id": "257492", "title": "", "text": "\"I'd ask what your goal is.  I was definitely on the path, and for one reason: to make piles of money.  After some years in I decided to jump shit and get an MBA. Then the market went into freefall. Guys who paid their dues got fucked huge.  Finance isn't the only way to get rich. It's one way, and it seems like the \"\"easy\"\" way. Do x-y-z and jump through the hoops and you are on the path.  I'd suggest that if the money is really your true motivation, then there are other ways.\""}
{"_id": "257495", "title": "", "text": "Banks in general will keep saving rates as low as possible especially if there is a surplus of funds or alternative access for funding as in the case of the Fed in the USA. Generally speaking, why would bank pay you a high interest rate when they cannot generate any income from your money? Usually we will expect to see a drop in the loan interest rate when their is a surplus of funds so as to encourage investment. But if the market is volatile then no banks will allow easy access to money through loans. The old traditional policy of lending money without proper security and no control from the central bank has created serious problems for savings account holders when some of these banks went into bankruptcy. It is for this reason most countries has modified their Financial Act to offer more protection to account holders. At the moment banks must follow rigid guidelines before a loan can be approved to a customer. In my country (Guyana) we have seen the collapse of a few banks which sent a shock wave across the county for those that have savings held at those bank. We have also seen unsecured loans having to be written off thus putting serious pressure of those banks. So government stepped in a few years ago and amended the act to make it mandatory to have commercial banks follow certain strict guidelines before approving a loan."}
{"_id": "257502", "title": "", "text": "I'm thinking of going with Python. Do you think other languages like HTML or Java will be of any help? and you're right. They are not taught in undergrad. So, where should I learn them from? I always feel like you don't learn the best online. But is there any site that's really good and that you'd recommend?"}
{"_id": "257528", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/features/2017-06-08/no-one-has-ever-made-a-corruption-machine-like-this-one) reduced by 96%. (I'm a bot) ***** &gt; Structured Operations, perhaps the farthest-reaching, most efficient corruption machine in modern business, was about to run out of road. By Odebrecht&amp;#039;s admission in U.S. District Court in Brooklyn last December, Structured Operations doled out some $788 million in bribes in Brazil and 11 other countries, securing more than 100 contracts that generated $3.3 billion of profit for the company.  &gt; It&amp;#039;s the biggest corruption-related fine ever levied on a company, eclipsing a $3.16 billion fine in Brazil tied to corruption allegations against another target of the Car Wash probe, Brazilian beef giant JBS SA. For decades, Odebrecht has cultivated a certain corporate lore.  &gt; In exchange, the company admitted in its settlement of corruption charges in U.S. federal court, the governments of those countries granted Odebrecht contracts that generated $1.4 billion in profit.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gbhxq/no_one_has_ever_made_a_corruption_machine_like/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140495 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Odebrecht**^#1 **bank**^#2 **company**^#3 **Antigua**^#4 **Brazil**^#5\""}
{"_id": "257534", "title": "", "text": "consultant here. i've worked at some of the companies you've listed. what about finance and consulting are you interested in? unless you're in a fairly specialized group, your first 2 year will have very little to do with anything finance. you sorta just get tossed round where people need you until you find a network and find your own niche.  anyways, if you want finance . . . don't do consulting. go do equity research or banking or asset management."}
{"_id": "257544", "title": "", "text": "They didn't steal money true but they did take homes and lives away from people. Granted those people signed the terms of the loans on their own but the sale tactics they used were ruthless. My beef is why does the us govt settle take it all the way fight for the people. They don't because the finance industry are the largest backers of our govt"}
{"_id": "257547", "title": "", "text": "How do I calculate the adjusted real rate of return of an investment (such as mutual fund) after inflation and fees? I have always thought that you do this: (1 + nominal return - fees)/(1 + inflation) - 1, but I have been told that this is the wrong way to do it.   Additionally, what is the difference between real interest rate and inflation-adjusted return?"}
{"_id": "257552", "title": "", "text": "\"You are not \"\"the economy\"\". The economy is just the aggregate of what is going on with everyone else. You should make the decision based on your own situation now and projected into the future as best you can. Loan rates ARE at historical lows, so it is a great time to take a loan if you actually need one for some reason. However, I wouldn't go looking for a loan just because the rates are low for the same reason it doesn't make sense to buy maternity clothes if you are a single guy just because they are on sale.\""}
{"_id": "257589", "title": "", "text": "The solution is spending restraint during the growth periods and prudent application of counter-cyclical fiscal policy, especially during the slow periods. The USA embarked on a strange experiment lead be Greenspan of excessively low interest rates for a prolonged period of time. Periods of strong economic growth should feature high interest rates, periods of reduced economic growth can then be countered somewhat through monetary policy. The government should also endeavour to run surplus budgets during the good times and not be afraid of turning those into deficit budgets in the downturns. If you run a deficit budget during a period of strong economic growth, together with low cash rates you have nowhere to move when the cycle reverses.  The solution now? That is difficult. I would say that the solution now would be to raise revenues through corporate taxes and similarly increase government spending on investments aimed at stimulating the economy. Use this time to invest in the much needed infrastructure maintenance and upgrades that the USA needs. These need to be fast-tracked into action and I would therefore consider fixing infrastructure as more important than installing new infrastructure.   There are probably long-term structural adjustments that need to be looked at too, but I am not intimately familiar with the USA as I am Australian. It is clear however that Austerity during economic downturns does not help end the recession (or benign growth). It is clear to me as an observer however that employment appears to be the big issue in the USA right now, so cutting jobs is not a smart move.  Edit: I'll point out that my opinion comes from the Australian experience, our government ran surplus budgets during our period of recent growth and our reserve bank kept interest rates high. When the GFC hit us in 2008 the government almost instantly reversed its fiscal policy, going so far as mailing $900 cheques to every Australian just to get cash flowing in the economy, they then embarked upon infrastructure spending programs. Similarly the reserve bank were able to quickly and dramatically reduce interest rates. The result was that we saw 1 quarter of mildly negative growth, and positive growth ever since (hence no recession). We ran a textbook example of counter-cyclical fiscal and monetary policy which is today lauded by economists over. We now have 5% unemployment, low government debt (relative to the OECD) and high economic growth (relative to the OECD)."}
{"_id": "257603", "title": "", "text": "https://www.kaplanfinancial.com/securities/series-6-63/  www.prelicence.com   there are a lot of websites that offer pre licensing/study material. your best bet probably won\u2019t be free. (but i think investopedia might have some helpful information)  good luck! i hope two weeks is enough time"}
{"_id": "257609", "title": "", "text": "If the call is in the money and you believe the reason for the price jump was an overreaction with a pullback on the horizon or you anticipate downward movement for other reasons, I will roll (sometimes for a strike closer to at the money) as long as the trade results in a net credit!   You already have the statistical edge trading covered calls over everyone who purchased stock at the same point in time.  This is because covered calls reduce your cost basis and increase your probability of profit. For people reading this who are not interested in the math behind probability of profit(POP) for covered calls, you should be aware of why POP is higher for covered calls (CC).  With CCs you win when the stock price stays the same, you win when it goes down slightly, you win when the stock goes up.  You have two more ways to win than someone who just buys stock, therefore a higher probability of making a buck! Another option: If your stock is going to be called at a loss, or the strike you want to roll to results in a net debit, or  your cash funds are short of owning 100x shares and you are familiar with the stock, try writing a naked put for the price you want to buy at.  At experation, if the naked put is exercised, your basis is reduced by the premium of the put you sold, and you can write a covered call against the stock you now own.  If it expires worthless you keep the premium.  This is also another way to increase your POP."}
{"_id": "257611", "title": "", "text": "Many Tesla owners have had QC issues with their Teslas. Tesla does an extraordinary job of placating them by replacing the vehicle outright if something is awry. This practice is not widely reported in the news and quietly swept under the rug. Talk to a group of Tesla owners and you'll quickly find out the truth."}
{"_id": "257613", "title": "", "text": "Determining the value of a service is an art, not a science. It depends on what others are charging, the quality and complexity and annoyance factor of the work, availability of people with the skill to do the work, etc. This topic can and does fill books, plural, and can't be answered fully here. As a customer, the answer is to get multiple quotes, understand how they differ, and pick the one you are most comfortable with. Last job I priced, I got three quotes, discarded the lowball who didn't know PT from cedar, discarded the one with the luxury price, and went with the guy in the middle who did adequate (not great) work for a tolerable fee. For a different kind of job I might have decided otherwise, or chucked all three and looked for more quotes from respected firms."}
{"_id": "257616", "title": "", "text": "There is no tax code I know that would grant you such a privilege. And it just isn't practicable. In your examples, you always sold your product and were thus able, in retrospect, to give a value to your work. What if you don't sell your product? What if in one case your worked hour is reimbursed with one price, with the next product at another (i.e. difference in margin)? No, it won't work like that.  And by the way, I think you might have got some definitions upside down. What you want is a salary that your own company pays out to yourself and you can deduct from other profits. But as long as you can't afford to pay yourself a salary, and you don't have access to investors who are willing to front you the money, the time invested is your personal investment and cannot be deducted anywhere - though it might pay off nicely in the long run. That's the risk entrepreneurs take."}
{"_id": "257622", "title": "", "text": "I always enjoy reading analyses like that, but something I've always wondered is whether they look at anything besides specifically the minimum wage.  Having worked a warehouse job, I was paid 50 cents above minimum wage. Now, that amount isn't arbitrary. It is 50 cents above minimum wage, and if minimum wage went up, so would that wage. I reckon there's a whole lot of people making _near_ minimum wage, and it seems rather incomplete to talk about only 1.8 million americans when that number could balloon just by including wages within a dollar of the minimum.  I'm not saying that is fact, I just wish the analysis wasn't so matter of fact, when it appears to me they've somehow overlooked a pretty import subset of people affected by the minimum wage."}
{"_id": "257625", "title": "", "text": "\"This question and your other one indicate you're a bit unclear on how capital gains taxes work, so here's the deal: you buy an asset (like shares of stock or a mutual fund).  You later sell it for more than you bought it for.  You pay taxes on your profit: the difference between what you sold it for and what you bought it for.  What matters is not the amount of money you \"\"withdraw\"\", but the prices at which assets are bought and sold. In fact, often you will be able to choose which individual shares you sell, which means you have some control over the tax you pay.  For a simple example, suppose you buy 10 shares of stock for $100 each in January (an investment of $1000); we'll call these the \"\"early\"\" shares.  The stock goes up to $200 in July, and you buy 10 more shares (investing an additional $2000); we'll call these the \"\"late\"\" shares.  Then the stock drops to $150.  Suppose you want $1500 in cash, so you are going to sell 10 shares. The 10 early shares you bought have increased in value, because you bought then for $100 but can now sell them for $150.  The 10 late shares have decreased in value, because you bought them for $200 but can now only sell them for $150.  If you choose to sell the early shares, you will have a capital gain of $500 ($1500 sale price minus $1000 purchase price), on which you may owe taxes.  If you sell the late shares, you will have a capital loss of $500 ($1500 sale price minus $2000 purchase price is -$500), which you can potentially use to reduce your taxes.  Or you could sell 5 of each and have no gain or loss (selling five early shares for $150 gives you a gain of $250, but selling five late shares for $150 gives you a loss of $250, and they cancel out). The point of all this is to say that the tax is not determined by the amount of cash you get, but by the difference between the sale price and the price you purchased for (known as the \"\"cost basis\"\"), and this in turn depends on which specific assets you sell.  It is not enough to know the total amount you invested and the total gain.  You need to know the specific cost basis (i.e., original purchase price) of the specific shares you're selling.  (This is also the answer to your question about long-term versus short-term gains.  It doesn't matter how much money you make on the sale.  What matters is how long you hold the asset before selling it.) That said, many brokers will automatically sell your shares in a certain order unless you tell them otherwise (and some won't let you tell them otherwise).  Often they will use the \"\"first in, first out\"\" rule, which means they will always sell the earliest-purchased shares first. To finally get to your specific question about Betterment, they have a page here that says they use a different method.  Essentially, they try to sell your shares in a way that minimizes taxes.  They do this by first selling shares that have a loss, and only then selling shares that have a gain.  This basically means that if you want to cash out $X, and it is possible to do it in a way that incurs no tax liability, they will do that. What gets me very confused is if I continue to invest random amounts of money each month using Betterment, then I need to withdraw some cash, what are the tax implications.  As my long answer above should indicate, there is no simple answer to this.  The answer is \"\"it depends\"\".  It depends on exactly when you bought the shares, exactly how much you paid for them, exactly when and how much the price rose or fell, and exactly how much you sell them for.  Betterment is more or less saying \"\"Don't worry about any of this, trust us, we will handle everything so that your tax is minimized.\"\" A final note: if you really do want to track the details of your cost basis, Betterment may not be for you, because it is an automated platform that may do a lot of individual trades that a human wouldn't do, and that can make tracking the cost basis yourself very difficult.  Almost the whole point of something like Betterment is that you are supposed to give them your money and forget about these details.\""}
{"_id": "257633", "title": "", "text": "This is just a guess but I would imagine that it has to do with risk. The deposits in Banks are usually as safe as government bonds (broad oversimplification) as: The US government is considered the most trustworthy - even in unlikely event of being close to default it would be rescued by FED (so it can just print the money). So the banks at the same time have very low competition regarding government bonds and the investments they can do have relatively low ROI so they cannot offer much more competitive rates. On the other hand Ukrainian bonds have current rating Caa3/CCC-/CCC - i.e. the Goverment is judged to be likely to default (as you pointed out there is war going on) and in result the government bonds are considered highly speculative. Therefore to attract foreign investors they need to have high interest rating. Similarly the CDs at the banks can be considered at the risk of being lost so to prevent flight of capital overseas (or people keeping USD in cash form at home) they need to offer rates that reflect the risk."}
{"_id": "257644", "title": "", "text": "I notice that a lot happened four months ago. You were denied credit twice. Your income went up from $20k to $60k. I'm wondering if you were denied credit based on your $20k income. Since you couldn't provide proof of your income I wonder if they used $0 for your income.  Debt to income ratio is one significant factor included in the credit score calculation. You may not have a lot of debt, but if you don't have any income even a few hundred dollars on a credit card would throw your debt to income ratio into a panic. I'm assuming that your change from $20k to $60k income involved a change of jobs. Perhaps now you can provide proof of income. You would certainly need to do that before being approved for a mortgage.  Well that's my two cents about what may (or may not) have gone wrong last time. As for what to do next I would agree that the most helpful thing you could do is check your credit score and fix any errors that might negatively impact your credit score. (There might also be non-errors that need addressed such as open credit accounts that you thought you had closed.) When building credit history, time is on your side. If you just go on living your life and paying your bills promptly, your credit will slowly climb to an acceptable level. Unfortunately in the time frame you mentioned (~1 year) there isn't really enough time to build it significantly.  You bring up a valid point about credit applications reducing your credit score. Of course, that effect is somewhat minimal and temporary (2 yrs according to the thread linked to above). But again 1 year is not enough to recover. If you're considering applying for additional credit as a means to improve your credit score it may be too late to reap the benefits before your mortgage application. Of course if you could pay off any debts, that would help your debt to income ratio. But it would also reduce any house down payment you could save up and thereby increase the amount of your mortgage.  Better just save those pennies (or preferably Washingtons and Benjamins) to put toward a down payment."}
{"_id": "257646", "title": "", "text": "\"The best practices for this sort of thing: In terms of electronics and such, you're always at risk for some crackhead busting in your door and grabbing your iPod or whatever. Thieves don't really care about clothes... they want items quickly converted to cash: small electronics with resale value, cash, jewelry. Keeping things locked and having a dog are probably the best deterrents for that scenario. More professional/organized burglars who rob houses during the day stake out a neighborhood and look for places where their presence won't be noticed. If things are clean and consistent, your neighbors, police patrol, mailman, etc are more likely to notice something awry and call the police. That's a risk factor for the \"\"pro\"\" thief, who will more likely look for a softer target. If you live in an area where there has been a burglary spree or you are really worried about this, get a basic, centrally monitored alarm system. If you're not living a flashy lifestyle and are deliberately thinking about ways to look like you don't have anything, it is money well spent. If you are living a flashy lifestyle, unwanted attention comes with the territory. In any case, feeling safe at home is something you need to be able to do.\""}
{"_id": "257656", "title": "", "text": "There are still human brokers on the floor primarily due to tradition. Their numbers have certainly dwindled, however, and it's reasonable to expect the number of floor traders to decrease even more as electronic trading continues to grow. A key reason for human brokers, however, is due to privacy. Certain private exchanges such as dark pools maintain privacy for high profile clients and institutional investors, and human brokers are needed to execute anonymous deals in these venues. Even in this region, however, technology is supplanting the need for brokers. I don't believe there is any human-broker-free stock exchange, but Nasdaq and other traditionally OTC (over the counter) exchanges are as close as it gets since they never even had trading floors."}
{"_id": "257674", "title": "", "text": "\"Pretty simple actually. This is a state-run defined benefit plan, where the benefit is calculated based on the length of the employment and the contributed amounts. This is what in the US is known as the Social Security.  This is a defined contribution plan, where the employee can chose the level of risk based on certain pre-defined investment guidelines (more conservative or more aggressive). In Poland, it appears that there's a certain amount of the state-mandated SS tax is transferred to these plans. Nothing in the US is like that, but you can see it as a mandatory IRA with a preset limited choice of mutual funds to invest into, as an analogy. The recent change was to reduce the portion of the madatory contribution that is diverted to this plan from 7+% to 2.3% (on account of expanding the contribution to (1)). Probably the recent crashes of the stock markets that affected these accounts lead to this decision. This is voluntary defined contribution plan, similar to the US 401Ks. This division is actually pretty common, not unique to Poland. I'd say its the \"\"standard\"\" pension scheme, as opposed to what we're used to in the US.\""}
{"_id": "257680", "title": "", "text": "Clearly it's not. Nazis clearly were socialist. Their intention was for people to defer their personal interests to the common good. That's socialism.  Unless you're gonna say that the socialism we want is democratic socialism, in which case, I'll refer you to your own comment."}
{"_id": "257683", "title": "", "text": "\"You know what this remind me of? When Madoff got caught by the investigators and just said \"\"the money's all gone, it was a fraud\"\".  The guy was chairman and CEO of Goldman Sachs. He's not a naive young upstart who doesn't know how big money moves.\""}
{"_id": "257691", "title": "", "text": "\"Thanks!  Do you know how to calculate the coefficients from this part?:  \"\"The difference between the one-year rate and the spread coefficients represents the response to a change in the one-year rate. As a result, the coefficient on the one-year rate and the difference in the coefficients on the one-year rate and spread should be positive if community banks, on average, are asset sensitive and negative if they are liability sensitive. The coefficient on the spread should be positive because an increase in long-term rates should increase net interest income for both asset-sensitive and liability-sensitive banks.\"\"  The one-year treasury yield is 1.38% and the ten-year rate is 2.30%.  I would greatly appreciate it if you have the time!\""}
{"_id": "257703", "title": "", "text": "\"How can I avoid this, so we are taxed as if we are making the $60k/yr that we want to receive?  You can't. In the US the income is taxed when received, not when used. If you receive 1M this year, taking out 60K doesn't mean the other 940K \"\"weren't received\"\". They were, and are taxable. Create a pension fund in the corporation, feed it all profits, and pay   out $60k/yr of \"\"pension\"\". I doubt that the corporation could deduct a   million a year in pension funding. You cannot do that. You can only deposit to a pension plan up to 100% of your salary, and no more than $50K total (maybe a little more this year, its adjusted to inflation). Buy a million dollars in \"\"business equipment\"\" of some sort each year   to get a deduction, then sell it over time to fund a $60k/yr salary. I   doubt such a vehicle exists. If there's no real business purpose, it will be disallowed and you'll be penalized. Your only purpose is tax avoidance, meaning you're trying to shift income using your business to avoid paying taxes - that's illegal. Do crazy Section 79 life insurance schemes to tax-defer the income.   The law caps this so I can only deduct < $100k of the $1 million   annually, and there are other problems with this approach.\\ Yes. Wouldn't go there.  Added: From what I understand, this is a term life insurance plan sponsored by the employer for the employee. This is not a deferral of income, but rather a deduction: instead of paying your term life insurance with your own after tax money, your employer pays with their pre-tax. It has a limit of $50K per employee, and is only available for employees. There are non-discrimination limitations that may affect your ability to use it, but I don't see how it is at all helpful for you. It gives you a deduction, but its money spent, not money in your pocket. End added. Do some tax avoidance like Facebook does with its Double Irish trick,   storing the income in some foreign subsidiary and drawing $60k/yr in   salary to be taxed at $60k/yr rates. This is probably cost-prohibitive   for a $1MM/yr company. You're not Facebook. What works with a billion, will not work with a million. Keep in mind that you're a one-man business, things that huge corporations like Google or Facebook can get away with are a no-no for a sole-proprietor (even if incorporated). Bottom line you'll probably have to pay the taxes. Get a good tax professional to help you identify as much deductions as possible, and if you can plan income ahead - plan it better.\""}
{"_id": "257709", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/bestof] [/u/Beebles1 explains how to break into the finance sector](http://np.reddit.com/r/bestof/comments/2dl483/ubeebles1_explains_how_to_break_into_the_finance/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "257715", "title": "", "text": "\"Because people are Risk Averse. Suppose that you own an asset worth $10,000 to you.  Suppose that each year, the asset has 1% chance of being stolen (or completely broken).  The expected value is 99% x 10,000 + 1% x $0 = $9,900. This is the average outcome if you do not buy insurance.  Now consider two mutually exclusive outcomes: 99% chance of keeping $10,000 and 1% chance of losing everything (expected value: $9,900)  100% chance of keeping $9,900 (expected value: $9,900)  Everyone would choose option 2, even though the expected values are the same.  Option 2 is an insurance that cost $100 (Actuarially fair, aka the odds are fair).  Now suppose the insurance costs $150 instead of $100 (despite that the bad probability is still 1%). You are faced with  99% chance of keeping $10,000 and 1% chance of losing everything (expected value: $9,900)  100% chance of keeping $9,850 (expected value: $9,850)  Some people would still choose option 2, even though the expected value is actually lower.  The $50 is called Risk Premium, which people are willing to pay in order to avoid uncertainty. The odds are unfair, but the Risk Premium has its value.  That being said, competition between insurance companies would drive down the premium until the insurance is close to actuarially fair, but they have cost to cover (sales, administration, etc), making the odds \"\"unfair\"\".\""}
{"_id": "257716", "title": "", "text": "Basically, they all do. The relationship is much more dynamic with stocks but corporate financing costs increase, return requirements increase (risk free rate goes up). Same with real estate. Commodity demand is correlated with economic activity, which is correlated with interest rates, although not perfectly. The most important factor is, a higher risk free rate increases the discount rate, which reduces asset values"}
{"_id": "257722", "title": "", "text": "\"Here's a link to an online calculator employing the Discounted Cash Flow method:  Discounted Cash Flows Calculator.  Description: This calculator finds the fair value   of a stock investment the   theoretically correct way, as the   present value of future earnings. You   can find company earnings via the box   below.   [...] They also provide a link to the following relevant article:  Investment Valuation: A Little Theory.  Excerpt: A company is valuable to stockholders   for the same reason that a bond is   valuable to bondholders: both are   expected to generate cash for years   into the future. Company profits are   more volatile than bond coupons, but   as an investor your task is the same   in both cases: make a reasonable   prediction about future earnings, and   then \"\"discount\"\" them by calculating   how much they are worth today. (And   then you don't buy unless you can get   a purchase price that's less than the   sum of these present values, to make   sure ownership will be worth the   headache.)   [...]\""}
{"_id": "257723", "title": "", "text": "\"&gt; Will the Trump base embrace and support this?    ... Yes.   I mean, is that really in question beyond just hoping?     &gt; who would have thought this would be possible in a country like the USA.   It really highlights how much of it all is \"\"honor system\"\", with assumptions that the people involved actually give a damn about the country they're representing.  Without that check in place, there's a lot of wiggle room.  Wiggle room that is a good thing in sane times with logical people involved who can use their best judgement.\""}
{"_id": "257733", "title": "", "text": "makeyouradvertisement.com combines the industry\u2019s most advanced technology, precise targeting and a quality network to deliver results for advertisers.An Online advertising ad campaigns campaign will display Banner ads, many times to site visitors of other [internet advertising](http://www.makeyouradvertisement.com/) sites are effective kind of website promotion. Banner ads are great way to promote a website and a method of marketing that exposes an online advertising in a prominent location on relevant internet sites"}
{"_id": "257737", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**A Modest Proposal**](https://en.wikipedia.org/wiki/A%20Modest%20Proposal): [](#sfw)   ---  &gt;___A Modest Proposal for Preventing the Children of Poor People From Being a Burthen to Their Parents or Country, and for Making Them Beneficial to the Publick___,  commonly referred to as ___A Modest Proposal___, is a [Juvenalian](https://en.wikipedia.org/wiki/Juvenalian_satire) [satirical essay](https://en.wikipedia.org/wiki/Satire) written and published anonymously by [Jonathan Swift](https://en.wikipedia.org/wiki/Jonathan_Swift) in 1729. Swift suggests that the impoverished Irish might ease their economic troubles by selling their children as food for rich gentlemen and ladies.  This satirical [hyperbole](https://en.wikipedia.org/wiki/Hyperbole) mocks heartless attitudes towards the poor, as well as Irish policy in general.  &gt;====  &gt;[**Image**](https://i.imgur.com/cFeI68V.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Jonathan_Swift_by_Charles_Jervas_detail.jpg)  ---  ^Interesting: [^A ^Modest ^Video ^Game ^Proposal](https://en.wikipedia.org/wiki/A_Modest_Video_Game_Proposal) ^| [^List ^of ^18 ^to ^Life ^episodes](https://en.wikipedia.org/wiki/List_of_18_to_Life_episodes) ^| [^Jonathan ^Swift](https://en.wikipedia.org/wiki/Jonathan_Swift) ^| [^On ^the ^Poverty ^of ^Student ^Life](https://en.wikipedia.org/wiki/On_the_Poverty_of_Student_Life)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+ck2p9al) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+ck2p9al)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "257738", "title": "", "text": "\"That's not very correct math. It should be \"\" +household savings -spending + business savings -spending + imports -exports + government surplus -deficit = 0\"\" And then it seems like comparing oranges with apples?  How can you compare savings, spending and surplus of various instances?  If it would be + income - expense it would be more understandable. Then it's just about money, not about value.  It's possible to circulate a fixed amount of money around to various instances. If those instances are doing valuable favors to each other while circulating money, they generate wealth. However it's better to assign more money into the system to represent added value in the system. Price of money usually is something like \"\"total value in the system/amount of money in the system\"\". If you just add money, you can't add value.\""}
{"_id": "257754", "title": "", "text": "Most emergencies are less than 1,000 in nature.  As such I would keep at least that amount in a checking/savings account at the bank from which you pay your bills or can get cash from.  This amount may increase so you can avoid low balance fees, or because of the nature of your life style and income. Beyond that, you can search for yield.  I personally like online savings accounts like Amex Personal Savings, Ally or others.   Money market accounts will work equally well.  There you can keep the bulk of your emergency savings and large purchase savings.  Keep in mind you still won't earn much.  A 40K emergency fund will only earn you $38/month at Ally."}
{"_id": "257757", "title": "", "text": "You can get an investment manager through firms like Fidelity or E*Trade to manage your account. It won't be someone dedicated exclusively to you, but you're in the range where they'd take you as a managed account customer. Another option would be to get a financial planner (CFP or something) help you to identify your needs and figure out what your investments portfolio should look like. This is not a whole lot of money, but is definitely enough to have an early retirement if managed and invested properly."}
{"_id": "257771", "title": "", "text": "There are some points not covered in the other answers that I feel are important to address: In order to be eligible to contribute to an HSA, you must be enrolled in a High Deductible Health insurance Plan (HDHP).  In general, I think this is a great idea for most people (who are responsible enough to save up for medical expenses), but for a small portion it may cost more money to enroll in this type of plan, due to high recurring medical costs.  You should always weigh the costs of the related insurance plans against the benefit of an HSA. Note that once you open an account and contribute, you can use the funds at any point after that.  The eligibility described here is only regarding making new contributions to the account. This may no longer be true, but when I first started using an HSA several years back, I noticed that the fees and costs administered by the providers  were higher than I\u2019d come to expect from, say, my IRA administrator.  At least, this was true for the accounts I found \u2013 perhaps I missed a better option. Furthermore, there was a much smaller selection of investment options available in those HSAs than in other brokerage accounts.  If you are not maxing out retirement already, it\u2019s worth comparing fees and historical returns versus those accounts rather than assuming that the tax benefits will make the HSA a better deal. In my book, if it passes these two checks, then the HSA is a tremendous deal that is highly under-utilized."}
{"_id": "257782", "title": "", "text": "\"Yes, the penalty is the tax you pay on it again when you withdraw the money. The withdrawal of the excess contribution is taxed as your wages (but no penalty). Excess contribution cannot be added to the basis or considered \"\"after-tax\"\" (hence the double taxation). Note that allowing you to keep the excess contribution in the plan may lead to disqualifying the plan, so it is likely that the plan administrator will force you to remove the excess contribution if they become aware of it. Otherwise you may end up forcing early 401(k) withdrawal on all of your co-workers. More on this IRS web page. And this one.\""}
{"_id": "257819", "title": "", "text": "&gt;  and investors would have stopped wanting to buy them, which would cause interest rates on homes to go up  Unless you're lumping the MIP into the interest rate (which I assume you're not, given you mentioned it in the first sentence), the logic here doesn't follow."}
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{"_id": "257832", "title": "", "text": "\"I'd advise you to use a broker. Even a discount broker like Charles Schwab would do. First, they would do the \"\"trades\"\" purchase/sale, on your behalf, using parameters you specify (and also tell you where the \"\"market\"\" is at any given time). Second, they may sell you bills of a desirable term (e.g. six weeks) of out their own inventory. Third, they will lend you money (50% or more) against your holdings, so you'll have some money when you need it, and the balance when the bills mature.\""}
{"_id": "257833", "title": "", "text": "For XOM if you were lucky enough to purchase on 20 Jan 16, at 73.18/share and sold on 15 July at 94.95 you would achieve a 29% return in six months.  Awesome.  You'd also get a dividend payment or two adding another percentage point per to your returns.   The one year chart for FB shows it increasing from ~95/share to ~129.  Yet no dividend was paid.  However, the 35.7% YTD for 2016 should make anyone happy. Both of these require excellent timing, and those kind of returns are unsustainable over the long haul.  Many people simply hold stocks.  Having the dividend is a nice bonus to some growth.   Why to people buy stocks?  For profit.  Sometimes dividend payers offer the best option, sometimes not."}
{"_id": "257835", "title": "", "text": "The easiest way to deal with risks for individual stocks is to diversify. I do most of my investing in broad market index funds, particularly the S&P 500.  I don't generally hold individual stocks long, but I do buy options when I think there are price moves that aren't supported by the fundamentals of a stock. All of this riskier short-term investing is done in my Roth IRA, because I want to maximize the profits in the account that won't ever be taxed. I wouldn't want a particularly fruitful investing year to bite me with short term capital gains on my income tax. I usually beat the market in that account, but not by much. It would be pretty easy to wipe out those gains on a particularly bad year if I was investing in the actual stocks and not just using options. Many people who deal in individual stocks hedge with put options, but this is only cost effective at strike prices that represent losses of 20% or more and it eats away the gains. Other people or try to add to their gains by selling covered call options figuring that they're happy to sell with a large upward move, but if that upward move doesn't happen you still get the gains from the options you've sold."}
{"_id": "257840", "title": "", "text": "Portlander here too! Have you made sure to consider the tax burden you will have from the inheritance? Investing in extra property is something that you should do when you are all paid up.  You don't want a job loss or other emergency make it impossible to keep the house you live in.  What happens if you buy a house and then lose both your jobs?  Do you let the bank foreclose on both homes? I think you would be in a much more stable position owning fully all your property.  Once your first house is paid off, you can rent that or consider buying another. The key advice here is to stabilize and remove all your debts now.  It is less exciting but safer.  But if you don't owe any money.  Go for it."}
{"_id": "257841", "title": "", "text": "Using the bank's bill pay always seemed like a hassle to me. There are lots of mistakes to be made by me that can result in late payments and not too many benefits other than some convenience, and being able to pay bills online for accounts that require paper payment. (Although the banking systems often screw up those payments) Plus, there is usually a fee associated with bill pay, at least to some extent. I generally use the websites of my credit cards or other entities to pay bills.  Then again, maybe I'm a bit of a weirdo here... I don't see mailing a check 3 days ahead of the due date as a particular hassle."}
{"_id": "257842", "title": "", "text": "While this is absolutely true, the wealthy amongst us should do well to remember that you have to throw a healthy pile of scraps to the dogs or they may get hungry and bite the hand that used to feed them.  /I'm very interested in what may happen with tax reform, first time in my life I may actually benefit from something the govt does."}
{"_id": "257853", "title": "", "text": "\"This is a great question.  I've participated in a deal like that as an employee, and I also know of friends and family who have been involved during a buyout.  In short:  The updated part of your question is correct: There is no single typical treatment.  What happens to unvested restricted stock units (RSUs), unvested employee stock options, etc. varies from case to case. Furthermore, what exactly will happen in your case ought to have been described in the grant documentation which you (hopefully) received when you were issued restricted stock in the first place. Anyway, here are the two cases I've seen happen before: Immediate vesting of all units.  Immediate vesting is often the case with RSUs or options that are granted to executives or key employees.  The grant documentation usually details the cases that will have immediate vesting.  One of the cases is usually a Change in/of Control (CIC or COC) provision, triggered in a buyout.  Other immediate vesting cases may be when the key employee is terminated without cause, or dies.  The terms vary, and are often negotiated by shrewd key employees. Conversion of the units to a new schedule.  If anything is more \"\"typical\"\" of regular employee-level grants, I think this one would be.  Generally, such RSU or option grants will be converted, at the deal price, to a new schedule with identical dates and vesting percentages, but a new number of units and dollar amount or strike price, usually so the end result would have been the same as before the deal. I'm also curious if anybody else has been through a buyout, or knows anybody who has been through a buyout, and how they were treated.\""}
{"_id": "257876", "title": "", "text": "Don't ever believe you're not good at something in college. Trust me, do not decide to not take a certain class just because you weren't good at it in HS. Now why are they making you choose your major right off the bat as a freshman? A lot of people only got accepted into the business school sophomore/junior year. Who cares if you get to take intro to marketing earlier than everyone else. Most of the classes in your freshman year should be some gen eds and a whole lot of electives to help you choose your major may it be freakin philosophy or intro to computer analysis. I'm not gonna tell you to go do finance or CS because really, this is freakin AMERICA. You work hard, you'll get rewarded. Do what you love, I have too many friends who's doing what they don't love, just for the sake of makin some extra cash right after graduation. Just get that 4.0, be well presented, get drunk every other weekend and have fun in college. Since you're already thinking about all this, you're way ahead of your class, you'll do well bro."}
{"_id": "257881", "title": "", "text": "\"The general argument put forward by gold lovers isn't that you get the same gold per dollar (or dollars per ounce of gold), but that you get the same consumable product per ounce of gold. In other words the claim is that the inflation-adjusted price of gold is more-or-less constant. See zerohedge.com link for a chart of gold in 2010 GBP all the way from 1265. (\"\"In 2010 GBP\"\" means its an inflation adjusted chart.) As you can see there is plenty of fluctuation in there, but it just so happens that gold is worth about the same now as it was in 1265. See caseyresearch.com link for a series of anecdotes of the buying power of gold and silver going back some 3000 years. What this means to you: If you think the stock market is volatile and want to de-risk your holdings for the next 2 years, gold is just as risky If you want to invest some wealth such that it will be worth more (in real terms) when you take it out in 40 years time than today, the stock market has historically given better returns than gold If you want to put money aside, and it to not lose value, for a few hundred years, then gold might be a sensible place to store your wealth (as per comment from @Michael Kj\u00f6rling) It might be possible to use gold as a partial hedge against the stock market, as the two supposedly have very low correlation\""}
{"_id": "257894", "title": "", "text": "\"In general taking money out of a 401k to repay a loan is a bad idea for a number of reasons.  Taxes and penalties if you are under 59 and 1/2 you will pay a 10% penalty on withdrawals from a traditional 401k plan. Then you are going add the amount you withdraw to your income in determining your current tax bill. If you make a large withdrawal you will likely push yourself into a higher tax bracket and will end up paying additional taxes than if you made several smaller withdrawals or waited until retirement when your income would presumably be lower. Taxes and penalties will mean you will need to withdraw ~225k in order to pay taxes and penalties while still having 150k to pay toward the mortgage (this assumes you are single and have no other income). You miss out on the growth your 401k could have had.  Lack of diversification the average person has the majority of their net worth tied up in their home and by paying off your mortgage you are putting even more of your money into residential real estate. By moving money from a 401k to your personal residence you could also lose some protection from creditors and lawsuits. Retirement accounts are generally off limits to creditors where as your house is limited by the homestead exemption (varies greatly from state to state). There are a few times when it might makes sense to use 401k money to pay off a mortgage. If you are older than 59.5 and have little tolerance for risk it might make sense to take the amount of money between your current income and the next higher tax bracket and \"\"invest\"\" the money in your mortgage each year. You would still want to avoid taking out a large chunk at one time though to avoid pushing yourself into a much higher tax bracket.\""}
{"_id": "257905", "title": "", "text": "I was looking into Walmart's acquisition of Jet. That link came up. It had a good video about that and Walmart's position vs Amazon is all.  No real 'point' specifically to say other than Wal-mart isn't likely to roll over and die simply because Amazon's increasing competition on Walmart's turf.    ..and, well, back to the original point, two isn't one and, thus, not a monopoly.. ..esp with walmart being so much larger"}
{"_id": "257910", "title": "", "text": "\"It's OK... you can just admit you don't fully understand what happened...  Here's a quick run down:  1) Private banks (like Chase, Wells Fargo, etc.) start making bad loans. They do this intentionally because...  2) The bad loans are then bundled into what are called \"\"Mortgage Backed Securities\"\".  3) Ratings agencies like Standard and Poors rate these mortgage backed securities as AAA safe investments. Even though they know, and the banks know, they're junk.  4) Companies who don't (AIG) or can't (Fannie/Freddie) write sub prime mortgages are then sold bad mortgages as AAA rated investments.  5) The sales of investments are so popular and so profitable that the banks continue making more bad loans SOLELY so they can re-sell them as investments.  6) The laws preventing Freddie Mac and Fannie Mae from making sub prime loans are lifted and they start doing the same thing as everyone else, just before the collapse begins.  For most of the time these hijinks were going on, Freddie Mac and Fannie Mae were actually prevented from taking part.\""}
{"_id": "257916", "title": "", "text": "Your question is based on a false premise. Debit cards are more popular in the US than credit cards are. Indeed it seems to be the non-US part of the world that is big in credit cards. See here for example"}
{"_id": "257921", "title": "", "text": "If you're worried about volatility, and you're in mostly long positions, you should be looking to diversify your portfolio (meaning, buying some stocks that will do better in a bear market) if it's not already diverse, but you shouldn't be looking to abandon your positions, unless you anticipate a short-term need for cash.  Other than that, you may want to hold off on the short-term positions for a while if you're concerned about volatility, though many traders see volatility as a great time to make money (as there is more movement, there's more opportunity to make money from mispriced stocks in both directions).  Unless you think the market will be permanently down due to these reasons, anyway, but I don't see any reason to believe that yet.  Even World War Two wasn't enough to permanently hurt the market, after all! Remember that everyone in the market knows what you do.  If there were a sure thing that the market was going to crash, it already would have. Conservative positions tend to involve holding onto a well diversified portfolio rather than simply holding onto cash, unless the investor is very conservative (in which case the portfolio should be cash anyway). The fact that you say this is your rainy day fund does make me a little curious, though; typically rainy day funds are better in cash (and not invested) since you might hit that rainy day and need cash quickly (in which case you could take significant losses if the time isn't right)."}
{"_id": "257924", "title": "", "text": "It depends on the loan contract if this is even possible, and also if it is the default.  Banks of course prefer to use those extra payments against \u2018future payments\u2019, meaning you are giving them interest-free money upfront, to apply against your next requirement payment. That is of course very bad for you, as you do not only save no interst, but also lose the cash-flow. Most (but not all) contracts do allow prepayments, but many require you to explicitly specify that you want the extra applied against the principal."}
{"_id": "257937", "title": "", "text": "Yahoo! was in tough to begin with, and I certainly don't think you can peg the security breaches on her. Having said that, I've heard negative things about policies she instituted that alienated longstanding staff members (a not-so-unbiased ranking system).   Either way, it's really hard to justify that salary."}
{"_id": "257940", "title": "", "text": "Aside from all the pop culture bias against the big chains, a Whopper is actually a damn good hamburger, and a Big Mac is also good in it's own way.  But Americans eat too much unhealthy fast food in general, so it's good to see that fast food as a whole is declining in popularity.  It should be enjoyed as an occasional splurge, not for everyday meals."}
{"_id": "257980", "title": "", "text": "\"Here are some important things to think about.  Alan and Denise Fields discuss them in more detail in Your New House. Permanent work.  Where do you want to live?  Are there suitable jobs nearby?  How much do they pay? Emergency fund.  Banks care that you have \"\"reserves\"\" (and/or an unsecured line of credit) in case you have a run of bad luck.  This also helps with float the large expenses when closing a loan. Personal line of credit. Who are you building for?  If you are not married, then you should consider whether building a home makes that easier, or harder.  If you hope to have kids, you should consider whether your home will make it easier to have kids, or harder.  If you are married (or seriously considering it), make sure that your spouse helps with the shopping, and is in agreement on the priorities and choices.  If you are not married, then what will you do if/when you get married?  Will you sell?  expand?  build another house on the same lot?  rent the home out? Total budget.  How much can the lot, utilities, permits, taxes, financing charges, building costs, and contingency allowance come to?  Talk with a banker about how much you can afford.  Talk with a build-on-your-lot builder about how much house you can get for that budget.  Consider a new mobile or manufactured home.  But if you do choose one, ask your banker how that affects what you can borrow, and how it affects your rates and terms.  Talk with a good real estate agent about how much the resale value might be. Finished lot budget. How much can you budget for the lot, utilities, permits required to get zoning approval, fees, interest, and taxes before you start construction? Down payment.  It sounds like you have a plan for this. Loan underwriting.  Talk with a good bank loan officer about what their expectations are.  Ask about the \"\"front-end\"\" and \"\"back-end\"\" Debt-To-Income ratios.  In Oregon, I recommend Washington Federal for lot loans and construction loans.  They keep all of their loans, and service the loans themselves.  They use appraisers who are specially trained in evaluating new home construction.  Their appraisers tend to appraise a bit low, but not ridiculously low like the incompetent appraisers used by some other banks in the area.  (I know two banks with lots of Oregon branches that use an appraiser who ignores 40% of the finished, heated area of some to-be-built homes.)  Avoid any institution (including USAA and NavyFed) that outsources their lending to PHH. Lot loan.  In Oregon, Washington Federal offers lot loans with 30% down payments, 20-year amortization, and one point, on approved credit.  The interest rate can be a fixed rate, but is typically a few percentage points per year higher than for a mortgage secured by a permanent house.  If you have the financial wherewithal to start building within two years, Washington Federal also offers short-term lot loans.  Ask about the costs of appraisals, points, and recording fees. Rent.  How much will it cost to rent a place to live, between when you move back to Oregon, and when your new home is ready to move into? Commute.  How much time will it take to get from your new home to work?  How much will it cost?  (E.g., car ownership, depreciation, maintenance, insurance, taxes, fuel?  If public transportation is an option, how much will it cost?) Lot availability.  How many are there to choose from?  Can you talk a farmer into selling off a chunk of land?  Can you homestead government land?  How much does a lot cost?  Is it worth getting a double lot (or an extra large lot)? Utilities. Do you want to live off the grid?  Are you willing to make the choices needed to do that?  (E.g., well, generator, septic system, satellite TV and telephony, fuel storage)  If not, how much will it cost to connect to such systems?  (For practical purposes, subtract twice the value of these installation costs from the cost of a finished lot, when comparing lot deals.) Easements. These provide access to your property, access for others through your property, and affect your rights.  Utility companies often ask for far more rights than they need.  Until you sign on the dotted line, you can negotiate them down to just what they need.  Talk to a good real estate attorney. Zoning. How much will you be allowed to build?  (In terms of home square footage, garage square footage, roof area, and impermeable surfaces.)  How can the home be used?  (As a business, as a farm, how many unrelated people can live there, etc.)  What setbacks are required?  How tall can the building(s) be?  Are there setbacks from streams, swamps, ponds, wetlands, or steep slopes? Choosing a builder.  For construction loans, banks want builders who will build what is agreed upon, in a timely fashion.  If you want to build your own house, talk to your loan officer about what the bank expects in a builder. Plansets and permits.  The construction loan process. If you hire a general contractor, and if you have difficulties with the contractor, you might be forced to refuse to accept some work as being complete.  A good bank will back you up.  Ask about points, appraisal charges, and inspection fees. Insurance during construction.  Some companies have good plans -- if the construction takes 12 months or less.  Some (but not all) auto insurance companies also offer good homeowners' insurance for homes under construction.  Choose your auto insurance company accordingly. Property taxes. Don't forget to include them in your post-construction budget. Homeowners' insurance.  Avoid properties that need flood insurance.  Apply a sanity check to flood maps -- some of them are unrealistic.  Strongly consider earthquake insurance.  Don't forget to include these costs in your post-construction budget. Energy costs.  Some jurisdictions require you to calculate how large a heating system you need.  Do not trust their design temperatures -- they may not allow for enough heating during a cold snap, especially if you have a heat pump.  (Some heat pumps work at -10\u00b0F -- but most lose their effectiveness between 10\u00b0F and 25\u00b0F.)  You can use these calculations, in combination with the number of \"\"heating degree days\"\" and \"\"cooling degree days\"\" at your site, to accurately estimate your energy bills.  If you choose a mobile or manufactured home, calculate how much extra its energy bills will be. Home design.  Here are some good sources of ideas: A Pattern Language, by Christopher Alexander.  Alexander emphasizes building homes and neighborhoods that can grow, and that have niches within niches within niches. The Not-So-Big House, by Sarah Susanka.  This book applies many Alexander's design patterns to medium and large new houses. Before the Architect.  The late Ralph Pressel emphasized the importance of plywood sheathing, flashing, pocket doors, wide hallways, wide stairways, attic trusses, and open-truss or I-joist floor systems.  Lots of outlets and incandescent lighting are good too.  (It is possible to have too much detail in a house plan, and too much room in a house.  For examples, see any of his plans.) Tim Garrison, \"\"the builder's engineer\"\".  Since Oregon is in earthquake country -- and the building codes do not fully reflect that risk -- emphasize that you want a building that would meet San Jose, California's earthquake code.\""}
{"_id": "257988", "title": "", "text": "\"Yes you can add it there. You can also add it to the \"\"gross receipt line\"\". Note that you do not have to list where it came from, just the total.\""}
{"_id": "258000", "title": "", "text": "You've learned a lesson: research your opportunities well so you don't get burned again. Luckily this is your sophomore and your internship experience will help you get better positions this summer and and next summer. Try to stick it out. Remember that sales is a numbers game and that a dozen rejections is not the end of the world."}
{"_id": "258011", "title": "", "text": "You dislike Facebook because everyone is on Facebook, which means idiots are on Facebook, and Facebook is a forum, which means that the idiots on Facebook have a platform for their idiocy, which of course they use, which gets picked up, which gives pretty much everyone the impression that Facebook is where idiots go to be idiotic, which isn't really fair to Facebook or for that matter to idiots, but it's the impression that everyone gets and impressions form the basis for opinions."}
{"_id": "258020", "title": "", "text": "Right there with you.  It drives me crazy watching those commercials with the cute talking babies telling the average person they can take control of their own future and open a trading account.    A few months ago I met someone at a bar who worked customer support for a large company with lots of individual traders.  I asked him what percentage of his client accounts actually made money and he guessed only a few.  The company got paid either way (commissions).  What a scam."}
{"_id": "258023", "title": "", "text": "I'm not criticizing you for not paying for the Washington Post, you have to allocate your resources based on your priorities and it sounds like you're doing it logically.   My objection is to that it's overpriced. It's provides a service, both to the reader and society that is other with at least $8/month. That doesn't mean everyone ought to purchase the service based on some social obligation, just that it's reasonable price for what they do."}
{"_id": "258024", "title": "", "text": "We already have remote-controlled drone planes. It's entirely conceivable that in the near future, airlines might have a tiny staff of pilots in a room on the ground, there to take over remotely if there's something odd happening, but otherwise letting the planes fly themselves.  EDIT: Commercial planes are all fly-by-wire anyway, so if there's an instrument failure you're screwed anyway, whether there's a pilot physically there or not."}
{"_id": "258031", "title": "", "text": "\"Why \"\"lab meat\"\" is \"\"terrible\"\"?   Do you know that cows, sheep, farm pigs, goats, chicken, etc are artificial animals that not one of them exist in nature? They are all genetically modified from some original 10,000 years ago (except the Turkey, discovered when America was discovered, and in less than 200 years, a farm-Turkey does not even resemble a wild Turkey.)  Do you prefer pregnancy, birth, labor intensive, antibiotics, diseases, feeding, slaughtering, butchering, etc involved in raising a cow until it becomes a hamburger on your plate?  Once people thought that Coca Cola, Cigarettes, etc are the best for them... because of Marketing.  With proper and simple truthful marketing, people would prefer lab meat compared to farm meat.\""}
{"_id": "258040", "title": "", "text": "\"Yeah, that's pretty much what I read. \"\"Bloomberg said...\"\" oh, okay, it must be the EXACT OPPOSITE of what he said. Pretty much.  I can see a need for visas in a few cases. Namely, positions in which the pool is so small that there are not 600 openings in the entire country, LET ALONE 6,000 at one company. I'm talking positions so exclusive that you can list all the candidates in the world in what would pass for an anemic travel brochure at first glance.  Most of these are just companies saying \"\"We don't want to pay market price for employees, so we'd rather import.\"\" Well, tough shit.\""}
{"_id": "258043", "title": "", "text": "Why are self checkout lanes always available? Because people don't want the do extra work.  Sure this is coupd be a good idea in a small convenience store setting, but not a large grocery store.  It just seems like a complete logistical nightmare, especially with produce.  With massive upfront construction costs or refit costs, and then add in the new maintenence, preventative maintenance, and monitoring costs.  Do you truly see savings when cashiers are cheap?  On top of everything, you are still going to have lines.  A week''s worth of groceries doesn't bag itself."}
{"_id": "258048", "title": "", "text": "\"First of all, bear in mind that there's no such thing as a risk-free investment. If you keep your money in the bank, you'll struggle to get a return that keeps up with inflation. The same is true for other \"\"safe\"\" investments like government bonds. Gold and silver are essentially completely speculative investments; over the years their price tends to vary quite wildly, so unless you really understand how those markets work you should steer well clear. They're certainly not low risk. Repeatedly buying a property to sell in a couple of years time is almost certainly a bad idea; you'll end up paying substantial transaction fees each time that would wipe out a lot of the possible profit, and of course there's always the risk that prices would go down not up. Buying a property to keep - and preferably live in - might be a decent option once you have a good deposit saved up. It's very hard to say where prices will go in future, on the one hand London prices are very high by historical standards, but on the other hand supply is likely to remain severely constrained for years to come. I tend to think of a house as something that I need one of for the rest of my life, and so in one sense not owning a house to live in is a gamble that house prices and rents won't go up substantially. If you own a house, you're insulated from changes in rent etc and even if prices crash at least you still have somewhere to live. However that argument only works really well if you expect to keep living in the same area under most circumstances - house prices might crash in your area but not elsewhere.\""}
{"_id": "258077", "title": "", "text": "A bit of poking around brought me to this thread on the Motley Fool, asking the same basic question: I think the problem is the stock price. For a stock to be sold short, it has to be marginable which means it has to trade over $ 5.00. The broker, therefore, can't borrow the stock for you to sell short because it isn't held in their clients' margin accounts. My guess is that Etrade, along with other brokers, simply exclude these stocks for short selling. Ivestopedia has an explanation of non-marginable securities. Specific to stocks under $5: Other securities, such as stocks with share prices under $5 or with extremely high betas, may be excluded at the discretion of the broker itself."}
{"_id": "258111", "title": "", "text": "Bought 2400 at .02. Getting half out if it gets to .24   Update: I saw it rising fast so I switched my limit from .24 to .30 and it reached exactly .30 this morning. Just dumb luck. Hanging onto the other shares. Will still come out on top even if it crashes."}
{"_id": "258112", "title": "", "text": "\"As usual, you're again wrong :\"\"http://askville.amazon.com/opt-out-Social-Security-system/AnswerViewer.do?requestId=1338366\"\"  and [here](http://www.usatoday.com/money/perfi/columnist/krantz/2011-04-27-opting-out-of-social-security_n.htm) and [here](http://dailyreckoning.com/opt-out-of-social-security/) and [here](http://www.crown.org/library/viewarticle.aspx?articleid=690) and.... well, about everywhere shows you to be wrong again. Google finds this quite easily.  So although there are a few classes of people who can opt out, the average person, and the vast majority of Americans, *cannot opt out* since they do not meet the criteria.  Most people *cannot* opt out of SS since they *are required by law* to pay FICA by the IRS, as stated in the wall of text you copied without understanding.  &gt; **Seriously, you need to learn how to use google asshole. Stop looking like an idiot and posting blatent lies.**  How's that ignorance feel now? :)\""}
{"_id": "258118", "title": "", "text": "\"I'm sorry for the confusion.  I believe the link attached to \"\"The Baja Condo fiasco\"\" outlines it there.  But here is more info. Note: his daughter said this speaking on his behalf.  Trump said nothing to correct it - until the lawsuits started of course.  [Here is an LA Times article]  (http://articles.latimes.com/2009/mar/07/business/fi-trump7/2)   His DAUGHTER Ivanka Trump said in 2007 that her father \"\"is the boss\"\" when asked about his role in the project. \"\"He is involved in every capacity,\"\" she said.  [From Bloomberg](http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=amZyVmUO5gJU) Buyers were led to think that Trump played an active role in development and held an equity stake, and that his children Donald Trump Jr. and Ivanka Trump, executives in his company, had bought condo units, the suit claims.  Irongate also concealed from condo buyers that it failed to obtain construction financing after credit markets unraveled last year, while continuing to withdraw their deposits from escrow accounts, according to the complaint. The defendants allegedly set up a shell company in Mexico to deflect liability.  &gt;...but sometimes investments are lost, for a variety of reasons.  I totally agree with you.  Trump just happens to have a consistent record for ripping people off.  Over 17 times (that I can count) in less than 14 years.  I won't bore you with it but check out his latest \"\"money making\"\" project in Tampa.  Investors screwed - he makes his money and hides behind the \"\"tools\"\" of the law..\""}
{"_id": "258120", "title": "", "text": "Have you considered having a partnership program with local builders? Send them literature on the steps and common mishaps. Then share their contact information when someone orders in their area. This should help minimize errors during installation.   Out of curiosity, how much space is required for storing 10 units? How much weight are we talking about?"}
{"_id": "258121", "title": "", "text": "\"First off, I originally brought up Wells Fargo to show that big banks may not want to open the floodgates for lower level employees and management to have free reign to profit off customers in less than responsible ways. I didn't mean or want to get into a debate about past govt. oversight of Wells Fargo's practices. [But to your point:](https://www.housingwire.com/articles/39782-cordray-answers-charges-that-cfpb-didnt-take-lead-on-wells-fargo-scandal)  &gt;He explained that the bureau first received a whistleblower tip in July 2013. The expos\u00e9 by the LA Times wasn\u2019t published until December. &gt; &gt;Cordray did add that the LA Times coverage was a \u201csplendid piece of investigative reporting\u201d and that investigative reporting often aides government investigations. &gt; &gt;After that first whistleblower tip, Cordray explained that the Wells Fargo case over time grew into something bigger. &gt; &gt;As the CFPB watched Wells Fargo through 2014 and 2015 in supervisory activity, it became clear the situation was serious enough to migrate into an enforcement action, he said.  I'm not sure what you're talking about here:  &gt;And what are you talking about freedom to \"\"compete\"\" against the big guys? What are you even talking about and how is that freedom threatened?  I'm saying they *will* have freedom to compete in ways that may have negative impact on clients who have chosen to move their investments from bigger banks to smaller ones.  As for the list of \"\"positives\"\" you gave surrounding this bill, [there are also negatives:](http://fortune.com/2017/06/07/financial-choice-act/)  &gt;Congress this week is considering the Choice Act, which would roll back regulations enacted after the 2007 financial crisis, particularly those designed by the Consumer Financial Protection Bureau (CFPB). Yet, the legislation goes even further and limits consumer access to information that could help them make better choices. &gt; &gt;One of the hallmarks of conservative regulatory philosophy is that educated and empowered consumers are preferable to government bureaucrats, regulations, and prohibitions. Yet, the conservatives in the House of Representatives appears ready to pass the CHOICE Act this week and in the process legally prohibit publishing data the government collects on consumer complaints on financial services. This is a mistake and would cost consumers and businesses. It would also go against the universal values of fair markets and informed consumers.  But [this](https://www.nytimes.com/2017/06/08/business/dealbook/house-financial-regulations-dodd-frank.html) is what I find most concerning:  &gt;The bill would also eliminate the Labor Department\u2019s fiduciary rule, which requires brokers to act in the best interest of their clients when providing investment advice about retirement. The first parts of the rule are scheduled to go into effect on Friday. The rule was completed last spring under Mr. Obama after years of development.  My point, before you started arguing something different, was that larger banks often *need* the oversight conducted by their customers and the government in order to help them nip bad practices in the bud before it becomes a much larger issue. This may not be as much of an issue for smaller banks, but in the end, they all deal in the same industry and present the same danger to their customers if things go bad and employees don't take their intrinsic fiduciary responsibility seriously.\""}
{"_id": "258125", "title": "", "text": "\"Eh, I'm sure their revenue model realies on \"\"gym membership\"\" behavior in that most people will not use the service much after the first month or two, and they won't cancel because it's only 10 bucks. The other revenue stream will be selling viewing and personal data of it's customers.  Still most likely doomed, but their model isn't pure crazy sauce.\""}
{"_id": "258136", "title": "", "text": "It's the kick ass part I'm worried about! I can kick ass when it's a simple matter of defending my principles or close ones, but managing other people like this will be a new challenge altogether. I guess I have to try first!"}
{"_id": "258141", "title": "", "text": "It's the equivalent of you being required to keep some of your savings in a near-zero percent interest savings account vs. being able to invest and grow that capital.   Even if the capital requirements were peeled back slightly, (most) banks still hold more than enough capital to absorb extreme losses.  Net/net the economy is safer, but less robust than it could be."}
{"_id": "258155", "title": "", "text": "Yeah but he's also creating a huge opportunities for people to sell using Amazon and reach millions of people.   Cannot comment on the net impact of putting businesses out of business and creating new opportunities for business but you should consider both sides of what Amazon is."}
{"_id": "258174", "title": "", "text": "AdrianaJewelry, manufactures jewelry made from the expensive metal at affordable prices and provide in the market. We also provide our all jewelry design on the internet. Our best product is the Miraculous gold necklace, which can you get at an affordable price.The jewelry that we wear today has come a long way, but the basic elements are still there. The greatest leap has been in the jewelry specially designed for men and women."}
{"_id": "258175", "title": "", "text": "But the tax isn't paid for in a commodity, like the one you're describing.  It's paid for in paper, that the government has a monopoly on printing.  Private roads in the past were built using silver and gold as compensation, and the tolls were that, as well.  Taxation is mass-extortion, not a voluntary contractual interaction."}
{"_id": "258190", "title": "", "text": "A few years ago, I had the rare opportunity to take advantage of a credit card offer. Specifically, a 10% cash back deal on purchases at drug stores or supermarkets. The offer was limited to 90 days, so during that time, I bought 100 cash gift cards at my local CVS.  Over the next year to use them all, when they dropped to a balance under $5 or so, I signed in to my cable TV account and charged the remaining balance there. No bothering a supermarket clerk, or store owner."}
{"_id": "258221", "title": "", "text": "\"We raise beef cattle.  Over the last few years I've seen a growing number of farmers going back to rotational grazing and abandoning the large scale mowing of hay for winter feeding.  We have always used a simple rotation, most farmers do, but simply adding one field more to the rotation has cut the amount of hay we need in half.  Our results have been good, so we're going to do more in the future while increasing the size of the herd at the same time.  We're likewise looking for ways to reduce petroleum based fertilizers via manure, plant species previously considered invasive or not of use, and someday I'll probably look into multispecies grazing seriously.  This is a good article.  The black or white duality is bullshit.  There are plenty of ways to increase efficiency without the extremes of \"\"industrial ag\"\" or \"\"vegan hippy farm\"\".\""}
{"_id": "258223", "title": "", "text": "I'm not specifically referring to forced acceptance of returns. You can produce a product that's excellent with minimal quality issues, but it doesn't mean that Costco won't squeeze you out on other things. In the end it's a numbers game, and the vendor will always lose when the performance of their product begins to drop, regardless of quality issues. That's when the large retailers start squeezing you."}
{"_id": "258227", "title": "", "text": "How long is a piece of string?  This will depend on many variables. How many trades will you make in a day? What income would you be expecting to make? What expectancy do you need to achieve? Which markets you will choose to trade?  Your first step should be to develop a Trading Plan, then develop your trading rules and your risk management. Then you should back test your strategy and then use a virtual account to practice losing on. Because one thing you will get is many losses. You have to learn to take a loss when the market moves against you. And you need to let your profits run and keep your losses small. A good book to start with is Trade Your Way to Financial Freedom by Van Tharp. It will teach you about Expectancy, Money Management, Risk Management and the Phycology of Trading. Two thing I can recommend are: 1) to look into position and trend trading and other types of short term trading instead of day trading. You would usually place your trades after market close together with your stops and avoid being in front of the screen all day trying to chase the market. You need to take your emotion out of your trading if you want to succeed; 2) don't trade penny stocks, trade commodities, FX or standard stocks, but keep away from penny stocks. Just because you can buy them for a penny does not mean they are cheap."}
{"_id": "258243", "title": "", "text": "HQ-Translators is your go-to company if you are looking for accurate translation services. Staffed with qualified and experienced linguists, HQ-Translators could cater to people who need help in translating documents into different languages like Spanish, Italian, German, and so much more. For more information about this company and the services they offer, visit their website, https://hq-translators.com."}
{"_id": "258247", "title": "", "text": "Instead of going to the dealership and not knowing if you will be able to get a loan or what the interest rate might be, go to a local credit union or bank first, before you go car shopping, and talk to them about what you would need for your loan.  If you can get approval for a loan first, then you will know how much you can spend, and when it comes time for negotiation with the dealer, he won't be able to confuse you by changing the loan terms during the process.  As far as the dealer is concerned, it would be a cash transaction. That having been said, I can't recommend taking a car loan.  I, of course, don't know you or your situation, but there are lots of good reasons for buying a less expensive car and doing what you can to pay cash for it.  Should you choose to go ahead with the loan, I would suggest that you get the shortest loan length that you can afford, and aim to pay it off early."}
{"_id": "258252", "title": "", "text": "\"Exactly. I'll \"\"retire\"\" from teaching in two years and will be given the chance to take half of my retirement in one lump sum payment and take home $1,000 a month, or take nothing and bring home 2,000 a month. The other thing to remember is the 30% tax payment that next April. That's tough.   This looks like a no-brainer because in just seven years, I'd eclipse the cash out. However, I might do it because I'll take the money and possibly pay off a rental home. With a rental, I'll be able to raise the rent if inflation kicks in. Of course, if deflation continues, that might be a bad move. The thing is, I'll be able to decide.\""}
{"_id": "258268", "title": "", "text": "\"Wealth gained hastily will dwindle  but whoever gathers little by little will increase it. Proverbs 13:11 (ESV) Put another way...  \"\"Easy come, easy go\"\" You cannot sustain 100% annual ROI. Sooner than you think you will hit a losing streak. Casinos depend on this truth. You may win a few rolls of the dice. But betting your winnings will eventually cause you to lose all.\""}
{"_id": "258273", "title": "", "text": "I'm a senior near getting my BS in Finance,  is getting my series 7 before I graduate feasible/ a good idea? I would like to move into investments upon graduating.  I currently work as a Teller for BB&amp;T (southern regional bank).  Thanks for your help!"}
{"_id": "258287", "title": "", "text": "Your logic is correct, you are making a bet that pays 1:10K odds for $2.  The likelihood of the event is certainly much lower, certainly several orders of magnitude lower (Probably around 1:10,000K).  So it is a bad deal and yes it seems like a lottery ticket is a much better deal.  Especially when you consider that you will be alive to enjoy the proceeds of the lottery ticket! If you have the option of purchasing this insurance, don't. If you need life insurance, then purchase it without conditions and clauses.  Your dependents will need the proceeds regardless of how one passes."}
{"_id": "258291", "title": "", "text": "December, 7, 2011 ( 01:40 pm) :- Reliance industries buy which is chain by Mr. Mukesh Ambani, company planes to offer 4 G services as a low Cost by which they help the growth of Indians.  Company plans to launch their tab around Rs 3500 &amp; with data download or uploading facility for 10 Rs of every 1 GB.  If company able to provided all there technology, Reliance will be the next year favorite stock for many investors.  But now, Reliance have strong resistance at Rs XXX &amp; support at Rs XXX above this trend bullish side."}
{"_id": "258306", "title": "", "text": "Reading and analyzing financial statements is one of the most important tasks of Equity Analysts which look at a company from a fundamental perspective.  However, analyzing a company and its financial statements is much more than just reading the absolute dollar figures provided in financial statements: You need to calculate financial ratios which can be compared over multiple periods and companies to be able to gauge the development of a company over time and compare it to its competitors. For instance, for an Equity Analyst, the absolute dollar figures of a company's operating profit is less important than the ratio of the operating profit to revenue, which is called the operating margin.  Another very important figure is Free Cash Flow which can be set in relation to sales (= Free Cash Flow / Sales).  The following working capital related metrics can be used as a health check for a company and give you early warning signs when they deviate too much: You can either calculate those metrics yourself using a spreadsheet (e.g. Excel) or use a professional solution, e.g. Bloomberg Professional, Reuters Eikon or WorldCap."}
{"_id": "258326", "title": "", "text": "Any car manufacturer that undercuts their own dealer network would have that network fall apart quickly.  Tesla is using a dealer-free distribution model from the start, so they don't have that problem.  Toyota doesn't work that way, though. GM imposed a uniform no-haggling policy with their Saturn brand, but that policy was coupled with local monopolies for dealers to make it work.  Lexus has also experimented with no-haggling and online ordering (with delivery still taking place at a dealership).  The rest of Toyota doesn't work that way, though. Some car manufacturers, such as BMW and Audi, allow you to take delivery of your new car at the factory for a discount. But even then, the transaction still takes place through a dealer.  Toyota doesn't work that way, though.  For one thing, they work at a different scale.  If you buy a Camry in the US, it might be produced in Kentucky, Indiana, or Aichi, depending on business conditions. You say that you want to cut out the middleman, but the fact is that you do require someone to deliver a Toyota to you, like it or not. If you're interested in saving money, consider trying various well documented tips, such as negotiating by e-mail before showing up, pitting dealerships against each other.  If you don't want to negotiate, you might be able to take advantage of pre-negotiated dealer prices through Costco. You mentioned that the dealership offered you a 7.99% interest rate for your 710 FICO score.  That sounds insanely high \u2014 I'd expect deals more like 2% advertised by buyatoyota.com.  (Remember, Toyota Motor Credit Corporation exists to help Toyota Motor Corporation sell more cars cheaply.)  You can also seek alternate financing online (example) or through your own bank."}
{"_id": "258353", "title": "", "text": "\"Completely false. I recognize the impact that energy has on everyday life across the globe. Your reasoning is fundamentally flawed because you think oil or \"\"oil lust\"\" is the reason. The desire for cheaper energy is the driving factor, it just so happens that oil is the cheapest. If the roles were reversed and solar was more profitable, there would be the exact same counter movement in support of oil. You don't understand the rules of the game and that's why you're willing to throw billions of other people's dollars at the problem to change the rules to fit your desires.   And you can prove me wrong right now for calling you an uniformed ideologue by just saying, \"\"it's about being as efficient as possible to produce the most energy for people to live their lives. No one person or industry should have an advantage over someone else; therefore all energy subsidies should be eliminated in the interest of progress.\"\" But you won't.\""}
{"_id": "258360", "title": "", "text": "\"BBB seals/badges are about as useful as GoDaddy Site Seal badges... which is to say not at all. The public doesn't understand them, and the ones that would be swayed by them would most likely also be swayed by a self made JPG that you make that looks \"\"official\"\".\""}
{"_id": "258370", "title": "", "text": "Emergency Data Recovery Services by a SSAE 16/SAS 70 Certified Secure Company in Louisville.Secure Data Recovery Services has provided data recovery to Louisville-area businesses for over a decade. Over that time we've developed numerous data recovery techniques and innovative equipment that allows us to recover most data in 2-5 business days from the day that the damaged media arrives at our facility.We can successfully recover data from any operating system including Linux,Mac OS, Windows ect."}
{"_id": "258383", "title": "", "text": "My biggest concern here would be internet access.  Even though it's technically 'illegal,' we saw cable companies throttle Netflix when they felt threatened.    Youtube still relies on Comcast/Verizon or ATT/Uverse to provide internet to people's homes.  If they want to really accelerate this process, they should ramp efforts to get more cities integrated with Google Fiber."}
{"_id": "258398", "title": "", "text": "fire and water damage restoration  --Triton Renovation has been the authority on fire and water damage restoration for over a decade. With their team of experts, they have the ability to handle any renovation or repair you would need whether it be commercial or residential."}
{"_id": "258400", "title": "", "text": "In the second year the \u00a315,000 from the first year will still earn interest, and any new money you put in will also earn interest from the time you deposit it.   All the interest is tax free."}
{"_id": "258412", "title": "", "text": "I'm not sure if this is what your looking for but my favorite piece of work was credit card fraud and ways banks are preventing it.   Topics included:  -Family's at risk (who has the most risk?) -Credit card strip vs chip -Cost on chip scanners for local businesses -Apple Pay and the likelihood of getting hacked -Insurance and how it will cover a business with out chip readers -example of chipotle and target getting hacked -bitcoin and is it an easier source   I wrote a paper about 4 years ago, and it had multiple finance topics involved into it.   Hope this at least gives you a direction of what your looking for !"}
{"_id": "258414", "title": "", "text": "In the unlikely event that it passes, it will just make things a bit worse and hopefully help erode support for our buffoon-in-chief and his lousy economic policies.    Unfortunately, since both parties are pro-rich, it will just help another set of lousy economic policies take it's place."}
{"_id": "258419", "title": "", "text": "For some very small private companies I know of (and am part of), paper stocks do exist. You can sit at the table with the damn things in your hand and wave them in people's faces.  They tell everyone how much of the company you own as a result of the money you ponied up. On the other hand, most stocks are now electronic. Nothing to hold. Just electronic records to review. They still represent how much you own of the company because of some amount of money you have put at risk, but they aren't anywhere near as much fun as the old-fasioned paper proofs. (As MrChrister notes, you can pay a small fee to get paper if you like, even for some big companies. Some of these paper stocks are remarkably elaborate and fine looking, but hardly necessary.) (You can see more info about what stocks are and what sort of stocks exist here: http://www.wikinvest.com/wiki/What_is_a_stock%3F)"}
{"_id": "258423", "title": "", "text": "\"What I've found works best when working on my personal budget is to track my income and spending two different ways: bank accounts and budget categories. Here is what I mean: When I deposit my paycheck, I do two things with it: It goes into my checking account, so the balance of my checking account goes up by the amount of my paycheck. I also \"\"deposit\"\" the money from my checking account into my various budget category balances.  This is separate from my bank account balances.  Some of my paycheck money goes into my groceries category, some goes into clothing, some into car fuel, entertainment, mortgage, phone, etc.  Some goes into longer range bills that only happen once or twice a year, such as car insurance, life insurance, property tax, etc.  Some goes into savings goals of ours, such as car replacement, vacation, furniture, etc. Every dollar that we have in a bank account or in cash in our wallets is also accounted for in a budget category.  If you add up the balances of our bank accounts and cash, and you add up the balances of our budget categories, they add up to the same number. When we make a purchase, this also gets accounted for twice: The appropriate bank account (or cash wallet) balance gets reduced by the purchase amount. The appropriate budget category gets reduced by the purchase amount. In this way, we don't really need to worry about having separate bank accounts for different purposes.  We don't need to put our savings goal money in a separate bank account from our grocery money, if we don't want to.  The budget category accounting keeps track of how much money is allocated to each purpose.   Now, the budget category amounts are not spent yet; the money in them is still in our bank account, and we can move money around in the categories, if we change our mind on how to allocate them.  For example, if we don't spend all of our gas money for the month, we can either keep that money in the gas category, or we can move it to a different category, such as the car replacement category or the vacation category.  If the phone bill is more than we expect, we can move money around from a different category to cover it. Now, back to your question: We allocate some money from each paycheck into our furniture category.  But the money is not really spent until we actually buy some furniture.  When we do, the furniture category balance and bank account balance both go down by the amount of the purchase. All of this can be kept track of on the computer in a spreadsheet.  However, it's not easy to keep track of so many categories and bank balances.  An easier solution is custom budgeting software designed for this purpose.  I use and recommend YNAB.\""}
{"_id": "258425", "title": "", "text": "Do we need WW3? Yes, like we need a hole in the head.   The *last* thing we need is to divert more resources to producing war materiel. We should actually reduce our MIC-related output and instead make shit that people can actually use, like computers and food and books and and telephones."}
{"_id": "258431", "title": "", "text": "Do you think your 403b will earn more than the mortgage interest rate?  If so, then mortgage seems the way to go. Conservative investment strategies might not earn much more than a 3-4% mortgage, and if you're paying 5-6% it's more likely you'll be earning less than the mortgage. From another point of view, though, I would probably take a loan anyway just from a security standpoint - you have more risk if you put a third of your retirement savings into one purchase directly, whereas if you do a 10-15 year loan, you'll have more of a cushion.  Also, if you don't outlive the mortgage, you'll have had use of more of your retirement income than otherwise - though I do wonder if it puts you at some risk if you have significant medical bills (which might require you to liquidate your 403b but wouldn't require you to sell your house, so paying it off has some upside). Also, as @chili555 notes in comments, you should consider the taxation of your 403(b) income.  If you pull it out in one lump sum, some of it may be taxed at a higher rate than if you pulled it out more slowly over time, which will easily overwhelm any interest rate differences.  This assumes it's not a Roth 403(b) account; if it is Roth then it doesn't matter."}
{"_id": "258433", "title": "", "text": "This IS a stock split. http://en.wikipedia.org/wiki/Stock_split Ratios of 2-for-1, 3-for-1, and 3-for-2 splits are the most common, but any ratio is possible. Splits of 4-for-3, 5-for-2, and 5-for-4 are used, though less frequently. Investors will sometimes receive cash payments in lieu of fractional shares."}
{"_id": "258439", "title": "", "text": "My experience (two purchases, Ontario, Canada) is that the property taxes are paid   by whomever is the owner on the date the tax bill comes due.  The bill might be due before the owners even decide to sell.   However: A part of the closing process is a Statement of Adjustments, in which various costs that span the tenure of two owners are split on a per-diem basis.  In your case, there would have been a charge against you of 2/365 of the tax bill on this statement at the time of closing (if you hadn't paid any 2014 taxes) The statement also includes things like flat-rate water bills, monthly cable bills, security system monitoring...  All paid by one owner or the other, but split fairly on a per diem basis at the time of closing..."}
{"_id": "258440", "title": "", "text": "You can contribute to both but the total contribution is capped: More than one plan. If you contribute to a defined   contribution plan (defined in chapter 4),   annual additions to an account are limited to the   lesser of $53,000 or 100% of the participant's   compensation. When you figure this limit, you   must add your contributions to all defined contribution   plans maintained by you. Because a   SEP is considered a defined contribution plan   for this limit, your contributions to a SEP must   be added to your contributions to other defined   contribution plans you maintain. Source: https://www.irs.gov/pub/irs-pdf/p560.pdf on page 6."}
{"_id": "258447", "title": "", "text": "The Net Present Value calculation would need to include 1) payments on the debt of $50 million (negative future cashflows) 2) returns from the project (positive future cashflows)  If both of those things are taken into account and the NPV is positive then the project could be accepted."}
{"_id": "258454", "title": "", "text": "Buy a textbook used in an MBA program at one of the name brand schools.  Then just basically copy that shit putting in your own data.  Hire someone to make a slick logo.  The banker will think you are Jesus Christ come back to earth to save us all.  I'm not joking."}
{"_id": "258465", "title": "", "text": "You mentioned you have a bunch of credit cards with no balance, while others have fairly high balances I would not recommend you to close the 0 balance credit cards if they have lower APR. You can transfer the balance to those cards with lower APR. Now, if those 0 balance cards do not have lower APR, closing them will reduce my overall balance and hurt my credit rating and that is true, assume that you mean overall credit line instead of overall balance. But to my understanding, if you keep the payments good and on time, that effect is only temporary, and therefore you can definitely close them.  Don't forget, paying off your balance can also lower your utilization rate and therefore increase your credit ratings, and you can focus more on that instead. Also larger number of accounts with amounts owed can indicate higher risk of over-extension, therefore you should pay off your low balance accounts first, and do not open new credit accounts until you have paid off the current balance."}
{"_id": "258504", "title": "", "text": "In some states, it is your responsibility to pay the sales tax on a transaction, even if the party your purchase from doesn't collect it. This is common with online purchases across state lines; for example, here in Massachusetts, if I buy something from New Hampshire (where there is no sales tax), I am required to pay MA sales tax on the purchase when I file my income taxes. Buying a service that did not include taxes just shifts the burden of paperwork from the other party to me. Even if you would end up saving money by paying in cash, as other here have pointed out, you are sacrificing a degree of protection if something goes wrong with the transaction. He could take your money and walk away without doing the work, or do a sloppy job, or even damage your vehicle. Without a receipt, it is your word against his that the transaction ever even took place. Should you be worried that he is offering a discount for an under the table transaction? Probably not, as long as you don't take him up on it."}
{"_id": "258517", "title": "", "text": "It depends. CPA (or CA as it is known in the commonwealth countries) can be looked upon favourably in advisory positions in an investment bank (M&amp;A/ECM). It is a good grounding and a detailed knowledge of the accounts is very useful when it comes to understanding a company and valuing it. CFA is more useful if you're interested in a) becoming an Equity Research analyst or b) going into funds management."}
{"_id": "258531", "title": "", "text": "\"The current price is $8.05. If you want the right to sell it to someone (put it to the buyer) for $10, you have to pay $2. Since you're looking at an expiration that's so close, the \"\"in the money\"\" value is nearly the same as what it trades for. The JAN 2013 sells for nearly $3.\""}
{"_id": "258559", "title": "", "text": "\"It can be a money laundering scheme. The stranger gives you cash for free at first, then proposes to give you more but this time asks you to \"\"spend\"\" a fraction of it (like 80%). So on his side the money comes from a legitimate source.  So you do it because after all you get to keep the rest of it and it is \"\"free\"\" money. But you are now involved in something illegal.  Having money for which you cannot tell the origin is also something highly suspicious. You will not pay tax on it, and the fiscal administration of your country might give you a fine. Customs might also be able to confiscate the money if they suspect it comes from an illegal source.\""}
{"_id": "258563", "title": "", "text": "Should do it through a limit auction book.   Management and shareholders pre ipo submit sealed limit sell orders. Buyers submit sealed limit buy orders, nobody can see where the price is going.  At 9AM, the price is calculated and whomever fills get filled and ta da everyone is trading at 9:30 when the market is open."}
{"_id": "258565", "title": "", "text": "The basic idea is that if you start buying prenatal vitamins and pregnancy tests, it's kind of weird if target sends you a coupon booklet that is 99% baby stuff.  Idea being post pre-natal vitamin and pregnancy test purchase, you send a circular with some baby ads, and some stuff like, toilet paper and shampoo.  So the consumer doesn't realize that they have been pegged as obviously pregnant/trying by their local target shopping patterns."}
{"_id": "258569", "title": "", "text": "I\u2019m not sure what you want a source for. I\u2019m not making a specific claim. Generally, however manufacturing leaders such as Tesla are now operating closed loop battery recycling systems.  https://www.tesla.com/blog/teslas-closed-loop-battery-recycling-program  Ceramic batteries are coming along.  https://cleantechnica.com/2017/05/05/ceramic-battery-fraunhofer-shows-promise-increasing-ev-range-maybe/  https://www.google.com/amp/s/phys.org/news/2017-07-route-rechargeable-lithium-batteries.amp  These are problems with solutions far less daunting than fixing the issues with fossil fuel extraction and consumption."}
{"_id": "258576", "title": "", "text": "\"In a domestic setting, Letters of Credit are often used to build public works needed to support a development.  So if you're bulldozing a few 3 story buildings to build a 50 story tower, the municipality will build appropriate water/sewer/gas/road infrastructure, and draw from the developer's letter of credit to fund it. The 'catch' to the developer is that these things usually aren't revokable -- once the city/town/etc starts work, the developer cannot cut-off the funding, even if the  project is cancelled. A letter of credit definitely isn't a consumer financing vehicle. The closest equivalent is a \"\"line of credit\"\" tied to an asset like a home.\""}
{"_id": "258581", "title": "", "text": "Credit unions operate for the benefit of their depositors, who are the actual owners of the institution, whereas conventional banks operate for the benefit of their shareholders, who of course are not necessarily depositors. So credit unions will typically give a benefit or service for free if it is free or extremely cheap to them, whereas conventional banks will charge for it if they think it will not lose them depositors."}
{"_id": "258611", "title": "", "text": "The cost will be around $300-$500 if you do it correctly it in Florida and can be over a $1,000 if you do it in New York (New York is more expensive due to a publication requirement that New York has for LLC\u2019s).  The price ranges I\u2019ve given include filing, state fees, getting a tax ID number (EIN), operating agreement, membership certificates, registered agent fees and publication fees if done in New York. Each state also have licensing boards and city fees that are applicable, so you would want to also make sure that you are keeping compliant there. Yearly paperwork to keep the LLC running won\u2019t be so expensive, expect the state to charge a yearly fee and require some basic information to be submitted.  I had a quick look at Florida, and with someone filing it for you, expect around $200 to $250 a year, plus registered agent fees.  If you are late in Florida the penalty is $400 so you definitely would want a service that provides compliance calendar notifications to make sure you are on time with fees. In regards to bookkeeping and taxes, yearly tax filing will start at $250 to $500 for an LLC and move up from there depending on the services being offered and the amount of time of work.  I recently referred someone to an accountant that will charge $250 to file an almost zero tax return on an LLC.  I think $40 an hour is a little low for a bookkeeper but it all depends on where you are.  I know in some major cities bookkeepers expect $75 an hour or higher. So the expectation in Miami and Manhattan will probably be more expensive than Jacksonville and Albany. If you doing a little business don\u2019t expect the cost to be too much on the bookkeeping. So, breakdown: $300-$500 (FL) - $1,000 (NY) Registration of LLC + any business license, city or other registrations $250 Yearly Fee + Yearly Registered Agent + any business licenses, city or other fee $500 Tax Return + Bookkeeping Fee Banks will charge more than a personal account so expect $120 a year plus. In regards to service I would look at companies that specialize in foreigners setting up  businesses in the US, because they will have services designed to help you more than services that primarily specialize with US clients. You are going to have some different needs, based on not having a Social Security Number or establishing from overseas."}
{"_id": "258613", "title": "", "text": "There are many tasks required in a project.  In order to complete the project, what steps and in what order are required to complete the project in the shortest possible period of time?  Those steps are on the critical path.      E.g. if you have a project to design and assemble a new sandwich for your restaurant, buying supplies and putting them together are on the critical path, while deciding on a menu name or price are not.  This is because you cant even begin to assemble your sandwich until you've bought bread, but picking out a price and name can happen at any point in this process without holding anything up."}
{"_id": "258647", "title": "", "text": "When you pay monthly, you're making 12 payments / year. Assuming you have a payment of $1000/mo, that's $12,000/year that you're paying for your mortgage. When you opt for bi-weekly, they're saying that you can pay half of your mortgage ($500) bi-weekly (can be configured to align with your paycheck). Since there are ~26 bi-weekly periods in a year, you're making 26 * $500 = $13,000 in mortgage payments each year. Some of these companies charge a fee for you to utilize this service. The main concept behind this is that people are horrible at budgeting on their own, so when $500 is immediately taken from your paycheck, you'll be able to budget around what's left and be able to make that extra payment each year without thinking about it or realizing it."}
{"_id": "258658", "title": "", "text": "There is a process called a backdoor IRA.   You now have effectively made a Roth IRA contribution in a year where technically you aren't eligible.  You do not have to pay taxes on earnings with a Roth IRA.  You are limited to the normal annual contribution to the IRA (Roth or traditional).   If you don't convert your traditional IRA contribution to a Roth IRA, then you are right.  That gains nothing except enhanced protection in bankruptcy.  Only do this if you are taking advantage of the Roth rollover.   I'm ignoring rolling over a 401k into an IRA, as that doesn't increase the amount you can contribute.  This does.  You can contribute the full $18,000 to the 401k and still make a full contribution to the backdoor IRA.   This is the tax advantaged form of an IRA.  This avoids double taxation.  Let's assume that your investment can go into something with a 5% annual return and you pay a 25% tax rate (doesn't matter as it drops out).  You are going to invest for thirty years and then withdraw.  You initially have $1000 before taxes.   With a regular investment:   You now have $2867.74.   With a pre-tax IRA.   You now have $3241.45 (it is not an accident that this is almost the same as the amount before the capital gains tax in the example without an IRA).   You avoided the $373.72 capital gains tax.  Even though you paid a lot more tax, you paid it out of the gains from investing the original $250 that you would have paid in tax.   This helps you even more if the capital gains tax goes up in the future.  Or if your tax bracket changes.  If you currently are in the 25% bracket but retire in the 15% bracket, these numbers will get even better in your favor.   If you currently are in the 15% bracket and worry that you might retire in the 25% bracket, consider a Roth instead.  It also avoids double taxation but its single taxation is at your current rate rather than your future rate."}
{"_id": "258662", "title": "", "text": "Thats ok, they really match nicely with the Draft Dodger in Chief, though he can generate impressive hot air flows from his rear, his spurs are only for decorative purposes and he has no stomach for a fight, unless you are a pussy, then he might grab you."}
{"_id": "258693", "title": "", "text": "Yup, that's a standard FP&amp;A role alright, coupled with some accounting functions. The good news is, a Senior Financial Analyst role is right around the corner at an organization that will be a lot more fun, with work that's more interesting.   Just make sure your next hop is mostly removed from the daily reporting and close processes, and focuses more on modeling and strategy, that's the fun stuff, at least for me."}
{"_id": "258696", "title": "", "text": "Metropolitan Shredding is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Sydney."}
{"_id": "258697", "title": "", "text": "In theory, yes.    In practice, long ways off.   It is hard [for a robot] to put clothes on a hanger and sort them. It is hard for a robot to take shoes out of a box.  It is hard to pick and sort Kiwifruit, grapes, and strawberries.  While it is hard for a robot, these jobs are necessary and extremely easy for a zero skilled and zero educated human to perform.  You can't even teach a monkey to do these jobs because they will become violent within a few minutes of performance. At this point only a human has the temperament and innate abilities to do mindless work that requires dexterity.     In reality, I agree. .   The US government should be offering Grand Challenge rewards for fruit picking machines and gardening. But that would put a million poor immigrants/people out of work that would otherwise cause serious political upheaval."}
{"_id": "258699", "title": "", "text": "Obviously these corporations are run by people so I could argue that it is impossible for them to be amoral.  Regardless, even if it was decided that they were amoral, I find this extremely scary considering they are the most powerful influence in the world."}
{"_id": "258704", "title": "", "text": "I'm not expert here, but a method used by quite a few people I went to school with was to save as much as possible before starting and continue to save as you go. Better explained, if you are able to save a years worth of tuition, or in a better case, save even more, you can pay as you, or in this case your child, attend(s) classes, and continue to add money to that account. If your child can hold down a part-time job during school, as many college students do, they can even help by saving some money into that account, and it can allow them to exit college free and clear of any loans, or at least mostly clear, should you fall a little short.  It's not the best option, but given a short time frame, it can work, and I've seen it work."}
{"_id": "258706", "title": "", "text": "\"That's like a car dealer advertising their \"\"huge access\"\" to Chevrolet.  All brokers utilize dark pools nowadays, either their own or one belonging to a larger financial institution.  Why?  Because that's a primary source of broker income.  Example: Under current US regulations the broker is under no obligation to pass these orders to actual (a.k.a. lit) exchanges.  Instead it can internalize them in its dark pool as long as it \"\"improves the price\"\".  So: If a broker doesn't run its own dark pool, then it sends the orders to the dark pool run by a larger institution (JPMorgan, Credit Suisse, Getco, Knight Capital) and gets some fraction of the dark pool's profit in return. Are Mom and Pop negatively impacted by this?  Not for most order types.  They each even got a free penny out of the deal!  But if there were no dark pools, that $1.00 difference between their trade prices would have gone half ($0.50) to Mom's counterparty and half ($0.50) to Pop's counterparty, who could be someone else's Mom and someone else's Pop. So ... that's why brokers all use dark pools, and why their advertisement of their dark pool access is silly.  They're basically saying, \"\"We're going to occasionally throw you a free penny while making 49 times that much from you\"\"! (Note: Now apply the above math to a less liquid product than AAPL.  Say, where the spread is not $0.01, but more like $0.05.  Now Mom and Pop still might make a penny each, while the broker can make $4.98 on a 100 share trade!)\""}
{"_id": "258715", "title": "", "text": "Few people have two eye brows joined in between the gap, just above the nose bridge along the temple line. This generally does not look much attractive and if so wished can be plucked off with a thread."}
{"_id": "258718", "title": "", "text": "&gt; thus ensuring that the vast majority of consumers purchase the product instead of steal it.  I remember seeing some evidence that the vast majority of software consumers pirate, but it likely varies dramatically between platforms and target markets, so perhaps it's tough to generalize. I can't dig up the article I'm thinking of though. Do you have one breaking down piracy rates?  &gt; DRM ensures that most consumers won't steal  Think about when the iTunes Music Store was young. It used DRM, but the vast majority of music was pirated. Now, the iTunes Music Store doesn't use DRM. Why? Because DRM-free purchased media competes better with pirated media, which is generally always DRM-free, and thus hassle-free."}
{"_id": "258720", "title": "", "text": "An email stating that you'll move in is quite a bit different from signing a full lease agreement.   Technically the email amounts to a legal agreement.  However, as long as penalties for breaking the contract weren't part of the email conversation then you won't have any.  The current tenant will really have no recourse with you."}
{"_id": "258725", "title": "", "text": "If you are Netgear extender user or looking to get a solution for accessing mywifiext then approach routerlogin support team via the toll-free number. Our team is operating 24/7 for providing technical support to extenders &amp; router users. So, if you also want expert advice do call on expert\u2019s toll-free number."}
{"_id": "258736", "title": "", "text": "More to the point, why are executive incentives, bonuses, options, etc, not on the chopping block just as much as union contracts, when bankruptcy is declared? I'm far from pro-union, but this seems like basic fairness. At the very least the unions (and other disenfranchised creditors) should be able to get a lien on those incentives to partially compensate their losses. As a matter of public policy, there should never be a financial incentive to enter bankruptcy."}
{"_id": "258737", "title": "", "text": "Oh please. Now the political effluvium of the PRC is news.   The CPC  is using an outdated measure of rural daily earnings to define poverty which is ridiculous in modern Chinese cities which are comparatively expensive. All you need to know is that inequality is soaring in Chinese cities. And the ability of the urban poor to afford basic necessities - despite having incomes that exceed the poverty minimum - has collapsed.   You can't simultaneously have inflation and an inflexible poverty line and achieve a meaningful measure of poverty."}
{"_id": "258741", "title": "", "text": "Il commercio elettronico sta acquistando cos\u00ec come la vendita di prodotti e servizi su sistemi di comunicazione elettronica, come Internet e le reti di computer collegati. Alcuni degli esempi popolari di commercio elettronico sono la gestione della catena di fornitura, il trasferimento di fondi per via elettronica, elaborazione di transazioni online, internet marketing, la gestione delle scorte, scambio elettronico di dati e cos\u00ec via."}
{"_id": "258745", "title": "", "text": "Sedar is I guess the Canadian equivalent of EDGAR. You can find the company's filings there.  Here's a picture from their filings. Can't post the link, if you go and find the filing through Sedar you'll know why (it's not as nice a site as EDGAR). The 4.8 million is from unrealized gain on biological assets. So that's what it is. The reason, I think, as to why Operating Income is a positive 2.67 even though Operating Expense and Gross Profit are both negative is because Google Finance backed into Operating Expense. Operating Income is the same between the two sources, it's just the unrealized gain that moves."}
{"_id": "258746", "title": "", "text": "1.8% interest isn't bad, but unless you're a higher rate taxpayer a Santander 123 account might be better for you than an ISA. See http://www.theguardian.com/money/2015/mar/23/cash-isas-pointless-savings-revolution"}
{"_id": "258749", "title": "", "text": "Thats true that they love to report gaffs, but I dont just watch the Aussie news, In fact I hardly watch it at all, I tend to read most of my news online from a variety of sites, not just reddit, and watch a few different US news programs. I also see how he acts in Debates and such. Anyway my point was more to find out if other people have risen to power while not against redditors beliefs. People got hung up on the Romney part though."}
{"_id": "258776", "title": "", "text": "I\u2019m working on trying to find an internship right now! Hopefully I find one in due time. DePaul has a great school for networking, so that\u2019s something!   Okay, I\u2019m going to do more research on IB. If IB isn\u2019t for me I decide, what other career should I be looking at that has high income?   I\u2019ll definitely get started on everything else you said. My future thanks you."}
{"_id": "258780", "title": "", "text": "If that $6k includes points to buy down the rate, it could be a good deal, depending on the total cost of the house and the rates involved. If that's pure administrative and legal fees, that seems pretty high. I've bought a number of houses in my time and I don't think I ever paid over $2000. I refinanced my current house a year or two ago, with the same bank, and total closing costs were $500. That said, I don't know where you live, the cost of the house, etc. Might be that's normal in your area and your circumstances. But I'd shop around before just accepting it."}
{"_id": "258790", "title": "", "text": "\"According to IRS Bulletin 2007-39, you can elect the maximum contribution allowed by your new employer (please note that though the IRS allows a maximum limit on Health FSA of $2,600, your employer's plan can limit that to a lower amount) so long as both employers are not part of a \"\"controlled group.\"\"  The complicated part of this is that your wife is covered by HDHP w/ HSA. Under IRS Publication 969, you cannot make contributions to an HSA if you are covered by any other health care coverage. Since your spouse would also be covered by your FSA, that would disqualify your spouse from making any contributions towards her HSA.\""}
{"_id": "258794", "title": "", "text": "I fully expect you to be back here in July, telling people that the employment figures are actually terrible, according to the non-seasonally adjusted numbers.  Or as the case probably will be, telling people that the employment figures are *more* terrible. :(  I think a more helpful figure would be the new 3-month average: +96,000.  Quite bad."}
{"_id": "258799", "title": "", "text": "\"Does your planning include contingencies for Can you afford the late fees, insurance increases, bad credit hits and all the other downsides when this goes bad? Why does she NEED a new car on lease? Personally? I'd go for option B) Do what it takes to have her OWN a car. Why not just have her get a car that costs IN ENTIRE the $3k that would be used for a down payment on a lease? Maybe add a bit of your own money \"\"for old times sake\"\" to the pile? Or a small loan to get to where she can get a usable, dependable car? Say, a $3-5k loan in your name that she's responsible for the payments. $3-10k can get a very dependable old car. 10 great cars for 6k or less Everyone else has been burned by her - for whatever reason. No idea what the reasons are, but she seems to be unable to pay her bills. Why would this time be any different? Your name on a car + someone who can't pay bills = a bad proposition. I would LOVE to help anyone who's been important in my life. Including MY x-wife. But I wouldn't agree to this deal unless I KNEW that I could 100% cover the costs when things go bad - because at this point, odds are they will.\""}
{"_id": "258801", "title": "", "text": "They have dug a deep hole with bad products and support.  Had a all-in-one desktop with next day on site support.  They hadn't fixed it after several weeks.  Call one support person they would claim its a problem of another department.  They don't dominate the printer market anymore either.  Will not touch HP equipment at any price any more.  Can definitely see writing off their good will."}
{"_id": "258811", "title": "", "text": "Ideally, warranty returns should be handled by the manufacturer because in theory returns give them feedback to improve their products. If a certain model of DVD player is always being returned 6-12 months after sale, there's a problem with it, and having the returned, failed units on hand provides the engineers with evidence to improve their products.   Of course, with razor-thin margins and price pressure, the ideas above are a luxury and pretty much a thing of the past, I guess."}
{"_id": "258813", "title": "", "text": "I know bitcoin. I don't understand ethereum except that the smart contracts bit is an abstraction of the blockchain concept to expand it beyond a mere ledger to a crypto-enhanced trust system that could be the escrow of the financial world.  I still need to read more about it and understand how ICOs are done. I had those sources open already. Some 10 tabs that I still haven't gotten to read in 4 months. Oh well, some incentive to get to it this weekend I guess."}
{"_id": "258820", "title": "", "text": "Interesting, I wholeheartedly disagree but have upvoted you anyway.  I'd love if you expounded on that statement.  Would you hate to work with him because he insisted his time was worth getting paid for?  That he works to live and not the other way around.  The question is laid out directly; Is your job worth $20/hr or is it worth $10-$15/hour?  How much is your job worth?  Not how much do you get paid, but what do you feel would be an appropriate rate of pay for the work you do?"}
{"_id": "258837", "title": "", "text": "\"Because occasionally MSNBC or Fox News will report on something \"\"across the aisle.\"\"  On the internet, you don't even have to read the story about Obama's new jobs bill managing to create jobs if you're conservative, or about Romney's business successes if you're a liberal; there's always something else to read.  With TV or a newspaper, you're stuck reading or watching what they give you.\""}
{"_id": "258846", "title": "", "text": "Much like K Mart, it's also cheaper.    I have an amazing knack for getting the most bizarre Uber / Lyft drivers.  Honestly it's a huge part of the experience for me too. If someone could guarantee me a weirdo everytime, I'd choose my service on that criteria alone."}
{"_id": "258850", "title": "", "text": "Yeah, glass toys made by companies like pipedream and gl\u00e4s seem to retail for around $50 and up, so I'd expect something made of rose quartz to sell for considerably more, and that I have no qualms with. All the chakra and energy and healing talk, however, do irk me a little. But hey, if people are into it, they're into it."}
{"_id": "258858", "title": "", "text": "Ah . .silly poppets  You don't seem to understand that all that money you gave to the banks actually gave you a profit and now you are actually rich, and all the while you contribute in Taxes and banking fees and ATM surcharges and at the gas pump and the grocery store . . .its all making you richer  Its the thought that count . .  Yay!!! for stimulus and the economic recovery   Hooray for QE1 &amp; QE2 &amp; QE3 and wait for it  QE4 . . .you know its coming because they just raised the debt ceiling and they don't have a fucking clue  Wheee what fun!!!  But you know what would be really wild . .?  An info graphic of how much debt they have . . .yah? wooohoooooo!!!"}
{"_id": "258897", "title": "", "text": "Ya idk..I initially thought a moving average but that can't be it since when price crosses below trend line we see trend line continues to increase. https://villavu.com/forum/showthread.php?t=112371 but this says that it is in fact a monthly average. I don't see how that is possible, as adding a number below the average of a set to that set should decrease the average. People say 'the mean chases the margin,' not a fan of that terminology myself though.  Edit: ah wait the yellow line is daily average, not price. If monthly average is calculated on close price, then this is possible.  **so the answer then is the trend line is the monthly average**."}
{"_id": "258911", "title": "", "text": "\"Although my kid just turned 5, he's learning the value of money now, which should help him in the future. First thing, teach him that you exchange money for goods and services. Let him see the bills, and explain what they're for (i.e. \"\"I pay ISP Co to give us Internet; that lets us watch Youtube and Netflix, as well as play games with Grandma on your GameStation\"\"). After a little while, they will see where it goes, and why. Then you have your automatic bills, such as mortgage payments. I make a habit of taking out the cash after I get paid, and my son comes with me to the bank where I deposit it again (I get paid monthly, so it's only one extra withdraw). He can physically see the money, and understand that if the stack is gone, it's gone. Now that he is understanding things cost money, he wants to make money himself. He volunteers to help clean up the kitchen and vacuum rooms in the house, usually without being asked. I give him a dollar or two for the simple chores like that. Things like cleaning his room or his own mess, he does not get paid for. He puts all his money into his piggy bank, and he has some goals in mind: a big fire truck, a police helicopter, a pool, a monster truck, a boat. Remember he's only 5. He has his goals, and we have the money he's been saving up. We calculate how many times he needs to vacuum the living room, or clean up dishes, to get there, and he realizes it takes a long time. He looks for other ways to make money around the house, and we come up with solutions together. I am hoping in a year or two that I can show him my investments and get him to understand why they make or lose money. I want to get him in to the habit of investing a little bit every few months, then every month, to help his income grow, even if he can't touch the money quite yet.\""}
{"_id": "258912", "title": "", "text": "&gt;I also don't approve of the fact that farmers are not allowed to re-plant the seeds they get from the GMO-germinated plants.   So you believe that farmers generally want to replant seeds?  Do you understand that hybrid plants don't breed true?  And that farmers haven't been replanting seeds since the 1930s?  &gt;What also scares me is that one of the provisions of the TPP  Is your knowledge of TPP as thorough as your knowledge of agriculture practices?"}
{"_id": "258962", "title": "", "text": "I think this question is best answered by simply spending 40-60 minutes looking over the tax documents from last year and tracing thru the calculations.   As much as we might like to do so, we can't treat taxes like a black box. Tax law is much more complicated than it should be, but its much easier to understand taxes after you've filed them than before or during... at least you have solid numbers to look at."}
{"_id": "258973", "title": "", "text": "You can calculate the fully diluted shares by comparing EPS vs diluted (adjusted) EPS as reported in 10K. I don't believe they report the number directly, but it is a trivial math exercise to reach it. The do report outstanding common stock (basis for EPS)."}
{"_id": "258975", "title": "", "text": "as no advantage from exerting American call option early,we can use Black schole formula to evaluate the option.However, American put option is more likely to be exercised early which mean Black schole does not apply for this style of option"}
{"_id": "258980", "title": "", "text": "&gt; There was good logic at the time, if Microsoft wanted Windows on a tablet, then they had to make a version of Windows for the RT chipset.   No, they didn't - *Intel released an Atom phone a month later.* That sort of thing doesn't happen by surprise. Intel would've been hammering out the chipset for most of a year and selling it to Xolo for months. Microsoft must've known Android/x86 phones were coming, and yet still plodded along with their asinine plan for three separate versions of Windows that looked interchangeable but had no software in common."}
{"_id": "258986", "title": "", "text": "If you're talking about just Theta, the amount of decay due to the passage of time (all else being equal), then theoretically, the time value is a continuous function, so it would decay throughout the day (although by the day of expiry the time value is very, very small).  Which makes sense, since even with 15 minutes to go, there's still a 50/50 shot of an ATM option expiring in-the-money, so there should be some time value associated with that one-sided probability. The further away from ATM the option is, the smaller the time value will be, and will be virtually zero for options that are deep in- or out-of-the-money. If you're talking about total time value, then yes it will definitely change during the day, since the underlying components (volatility, underlying price, etc.) change more or less continuously."}
{"_id": "258997", "title": "", "text": "\"The lottery is not a scam.  It really does what it says it does, the odds are just tremendously not in your favor.  MLMs promise a business opportunity where there isn't one and the only real money comes from signing up new people.  I've been dragged to a number of these things.  The last one was maybe ten years ago, it was a ACN meeting at a co-worker's house.  The invitation was vague, a number of other co-workers were going, and there was free food.  I immediately knew what it was when they started the presentation.  I listened as they went on about the untold riches and working for yourself and all of the usual crap.  Then they told us that we could ask questions.  Anything we wanted.  Well, OK.  Thing is, they don't get many people showing up to these things who are both lawyers and accountants.  Like me.  I started asking for financial documents, tax returns, verified audits, the form of the contract between ACN and you, and a few federal regulations.  That did not go over so well.  I pointed out that it was all standard due diligence.  I added that I would be happy to sign a non-disclosure agreement before showing me the books.  As you might guess, they didn't have any real answers and the guy doing the presentation looked like he wanted to punch me in the face.  Nobody signed up.  If you end up in at one of these meetings, start asking questions about the books.  You want to see them.  You want to see tax returns.  You want to see audits from CPA firms.  Offer to sign a non-disclosure agreement.  These are all very normal things in the business world.  Say you had a factory that makes widgets and you decide to sell the factory for $100,000.  I'm an interested buyer.  I would ask to see your books, returns and a statement from your CPA verifying these things.  A non-disclosure agreement is common and totally fair.  That way, I could verify the financials.  If someone wants you to sign up for a MLM, ask to see the books.  You'll shut it down almost immediately.  If they get upset, use the phrase \"\"due diligence\"\" and say that it is standard business procedure.  Because it is.\""}
{"_id": "259020", "title": "", "text": "It's a good answer. I was alluding to cryptocurrency such as bitcoin which was a pretty genius invention (blockchain and mining) to solve the honesty problem (counterparty risk) you outlined when there's no trusted middleman to help keep people honest. Sounds like a dodgy cat though!"}
{"_id": "259021", "title": "", "text": "\"The wire is probably the quick way to go. There may be a lower cost method through an international bank like Citi or HSBC. If you are a US resident or have a \"\"substantial presence\"\" in the United States, the IRS may be interested in the origins of your money.\""}
{"_id": "259049", "title": "", "text": "The logic is that the value of America could be determined by adding up the assets of all Americans.  If houses are more expensive then America is richer (we own a large number of more expensive houses), even though no additional real assets have been created (as if more houses were built)."}
{"_id": "259051", "title": "", "text": "If you have purchased a Netgear router to access the internet then you have made a right choice. Now, set it up using the manual setup as this may cause fewer issues, the setup starts by typing www.routerlogin.net in the address bar. For issues, connect with us."}
{"_id": "259052", "title": "", "text": "You will be best to cancel the original instruction first, as you will have to wait for any pending payments to be received, as the banks will not entertain multiple refunds. After this can be confirmed the account will simply show a credit which you ask for.  Many lenders/banks process these type of transactions after a period of time ie 30 days and there will be no way to speed this up, so the sooner you act the better.  When you contact the bank have bank details for the payment(they might transfer externally fingers crossed), or you may receive a cheque in the post.  Try to avoid complicating the matter with changes of address and ringing before you have cancelled the instruction etc if possible."}
{"_id": "259072", "title": "", "text": "What you want is a cashless transaction. It's part of the normal process. My employer gives me 1000 options at $1, I never need to come up with the money, the shares are bought and sold in one set of transactions, and if the stock is worth $10, I see $9000 less tax withholding, hit the account. No need for me to come up with that $1000."}
{"_id": "259081", "title": "", "text": "\"It is great that you want to learn more about the Stock Market. I'm curious about the quantitative side of analyzing stocks and other financial instruments. Does anyone have a recommendation where should I start? Which books should I read, or which courses or videos should I watch? Do I need some basic prerequisites such as statistics or macro and microeconomics? Or should I be advanced in those areas? Although I do not have any books or videos to suggest to you at the moment, I will do some more research and edit this answer. In order to understand the quantitative side of analyzing the stock market to have people take you serious enough and trust you with their money for investments, you need to have strong math and analytical skills. You should consider getting a higher level of education in several of the following: Mathematics, Economics, Finance, Statistics, and Computer Science.  In mathematics, you should at least understand the following concepts: In finance, you should at least understand the following concepts: In Computer Science, you should probably know the following: So to answer your question, about \"\"do you need to be advanced in those areas\"\", I strongly suggest you do. I've read that books on that topics are such as The Intelligent Investor and Reminiscences of A Stock Operator. Are these books really about the analytics of investing, or are they only about the philosophy of investing? I haven't read the Reminiscences of A Stock Operator, but the Intelligent Investor is based on a philosophy of investing that you should only consider but not depend on when you make investments.\""}
{"_id": "259084", "title": "", "text": "Diversification is used by many to hopefully reduce the risk when bad investments are made. Diversification does not help you make more profits but instead averages down your profits. There is no way one can tell whether a stock or portfolio of stocks will go up or down once they are purchased. In order to try to provide some protection against total loss of the portfolio, a lazy so called long term investor will use diversification as a way of risk management. But the best outcome for them will be an averaging down of their profits. A better method is to let the market tell you when your purchased investment is a bad one and get out of that investment early and thus limiting your losses, whilst letting your good investments (as determined by the market) run and make larger profits."}
{"_id": "259086", "title": "", "text": "https://qz.com/1002655/the-company-behind-wordpress-is-closing-its-gorgeous-san-francisco-office-because-its-employees-never-show-up/  2. Zappos, who also allows work on remote - at least partially.  As automation takes root, more and more functions can be performed outside office. The problem is the fossilized mentality of the management.  Even in a more traditional industries some of the tasks can be done is a more creative and flexible arrangement. If anybody takes care to do internal organisational overhaul."}
{"_id": "259108", "title": "", "text": "I would trust...Twitter should stay relevant until 2020 election, but I'd get out of any investments after that. They should get a small bump when they increase character limit, but I don't see them turning any corners in the next 5 yrs. Still in better shape than Vine."}
{"_id": "259138", "title": "", "text": "\"Am I right to say that no tax needs to be given for the annual ~$130k   USD, since they are considered as annual gift tax exclusion? Not only that you're wrong, but it also looks like a tax fraud, not just mere avoidance. You'll have hard time proving to any judge or jury that the gifts are \"\"in good faith\"\". By the way, $5 a month is below minimum wage.\""}
{"_id": "259145", "title": "", "text": "\"Is evaluating stocks just a loss of time if the stock is traded very much? Not at all! Making sound investment decisions based on fundamental analysis of companies will help you to do decide whether a given company is right for you and your risk appetite. Investing is not a zero-sum game, and you can achieve a positive long-term (or short-term, depending on what you're after) outcome for yourself without compromising your ability to sleep at night if you take the time to become acquainted with the companies that you are investing in. How can you ensure that your evaluation is more precise than the   market ones which consists of the evaluation of thousands of people   and professionals? For the average individual, the answer is often simply \"\"you probably cannot\"\". But you don't have to set the bar that high - what you can do is ensure that your evaluation gives you a better understanding of your investment and allows you to better align it with your investment objectives. You don't have to beat the professionals, you just have to lose less money than you would by paying them to make the decision for you.\""}
{"_id": "259146", "title": "", "text": "This article is a piece of dog shit full of selective information. Coal is already dead because of natural gas, you don't even have to consider renewables yet (which are very soon to be the most economically sound energy generation option as prices are dropping hand over fist)."}
{"_id": "259150", "title": "", "text": "The advantage of a Traditional IRA is: tax deduction today.  The advantage of a Roth IRA: no tax on withdrawal. Both types are tax-deferred, and have no bearing on the question."}
{"_id": "259152", "title": "", "text": "Again, that is NOT YOUR BUSINESS. I never have given out such info and I never will. You calling me a coward will not change that. Please move on from the topic.   I have not read the Koran, but if you'd like to go down that path, there's some pretty gnarly shit in the Bible. Maybe you shouldn't open that can of worms if you're not trying to look dumb in this argument.   I really am tired of you and your ignorance. Do you have anything of value to say, or just more racist ramblings of a lunatic?"}
{"_id": "259178", "title": "", "text": "You bought the right \u2013 but not the obligation \u2013 to buy a certain number of shares at $15 from  whomsoever sold you the option, and you paid a premium for it.  You can choose whether you want to buy the shares at $15 during the period agreed upon. If you call for the shares, the other guy has to sell the shares to you for $15 each, even if the market price is higher. You can then turn around and promptly resell the purchased shares at the higher market price. If the market price never rises above $15 at any time while the option is open, you still have the right to buy the shares for $15 if you choose to do so. Most rational people would let the option expire without exercising it, but this is not a legal requirement.  Doing things like buying shares at $15 when the market price is below $15 is perfectly legal; just not very savvy.  You cannot cancel the option in the sense of going to the seller of the option and demanding your premium money back because you don't  intend to exercise the option because the market price is below $15.  Of course, if the market price is above $15 and you tell the seller to cancel the contract, they will be happy to do so, since it lets them off the hook. They may or may not give you the premium back in this case."}
{"_id": "259194", "title": "", "text": "Call in to the bank using a publicly available number to verify the request."}
{"_id": "259223", "title": "", "text": "Many of the limitations of blockchains and bitcoin in particular can be overcome with changing the implementation, but most of the proposed fixes undermine the ideological underpinnings of decentralized verification and a fully traceable ledger.  The major hurdle that it doesn't currently have a fix to make it a national currency is that the monetary policy with bitcoin is fixed -- and not by a government.  Very few modern governments would be willing to entirely give up monetary policy; and as the number of transactions increases to the levels in which cash is exchanged for a blockchain, the kinds of entities that have the processing power necessary to verify a block timely gets consolidated into very few hands that own sizable data centers -- and then they arguably get to determine monetary policy among themselves without any election, voting, or duly appointed fiduciary responsibility."}
{"_id": "259227", "title": "", "text": "\"To summarize your starting situation: You want to: Possible paths: No small business Get a job. Invest the 300K in safe liquid investments then move the maximum amount each year into your retirement accounts. Depending on which company you work for that could include 401K (Regular or Roth), deductible IRA, Roth IRA. The amount of money you can transfer is a function of the options they give you, how much they match, and the amount of income you earn. For the 401K you will invest from your paycheck, but pull an equal amount from the remainder of the 300K. If you are married you can use the same procedure for your spouse's account. You current income funds any vacations or splurges, because you will not need to put additional funds into your retirement plan. By your late 30's the 300K will now be fully invested in retirement account. Unfortunately you can't touch much of it without paying penalties until you are closer to age 60. Each year before semi-retirement, you will have to invest some of your salary into non-retirement accounts to cushion you between age 40 and age 60. Invest/start a business: Take a chunk of the  300K, and decide that in X years you will use it to start a small business. This chunk of money must be liquid and invested safely so that you can use it when you want to. You also don't want to invest it in investments that have a risk of loss. Take the remaining funds and invest it as described in the no small business section. You will completely convert funds to retirement funds earlier because of a smaller starting amount. Hopefully the small business creates enough income to allow you to continue to fund retirement or semi-retirement. But it might not. Comment regarding 5 year \"\"rules\"\": Roth IRA: you have to remain invested in the Roth IRA for 5 years otherwise your withdrawal is penalized. Investing in stocks: If your time horizon is short, then stocks are too volatile. If it drops just before you need the money, it might not recover in time. Final Advice: Get a financial adviser that will lay out a complete plan for a fixed fee. They will discuss investment options, types not particular funds. They will also explain the tax implications of investing in various retirement accounts, and how that will impact your semi-retirement plans. Review the plan every few years as tax laws change.\""}
{"_id": "259228", "title": "", "text": "If you can set up automatic payments (like direct debits in the UK) and you can be disciplined enough to not spend the money on something else then this can be a good way of building/improving your credit rating. Banks / Lenders like it when they see you have previously taken, and repaid, credit. This can help you get better finance deals etc. in the future. Update: as noted in the comments France had a different financial system and people do not have credit ratings, so this point isn't valid in France"}
{"_id": "259245", "title": "", "text": "You say \u201cthere is no reason\u201d as if the reasons they had for initially choosing uniform pricing and pay meant nothing.  You sound just like those libertarians who want to get rid of all market regulations because free market is more competitive and healthier.  You should NEVER ignore the initial reasons any law or decision is made.  That is a recipe for repeating the issues we have already faced.  Why go through the same struggle twice?"}
{"_id": "259262", "title": "", "text": "Probably. He mentioned early on he didn't want to sell meat, just vegan foods. It was originally called Saferway. But his investors/partners he joined stores with wanted the new store to be more of a grocery store so he expanded what they sold (meats, wines and alcohol) and it took the business to a whole new level. In the interview they did cover how whole foods pushed the organic market in large supermarkets. Now almost every grocery store has a organic section."}
{"_id": "259271", "title": "", "text": "\"I like to challenge my beliefs and was excited to see an article posted to reddit that wasnt so gung ho for obama and kenesian spending.  Unfortunately this article starts with a strawman and then backs it up with a misleading statement like \"\"the keynesian multiplyer of less than 1 means less public sector growth\"\".... really? You need to back up a statement like that.\""}
{"_id": "259282", "title": "", "text": "It depends primarily on how the Canadian economy is designed i.e export oriented or import oriented. If you look at this, it shows more or less equal amount of exports and imports. For the specific case of Canada, the exports would become costlier, because of a costlier dollar, but at the same time imports would become cheaper. This is only a generalization, not specific goodswise, which would require a more detailed ananlysis. But investors have a different dilemma. Canadian investors would find  it cheaper to invest abroad so may channel their investments abroad because they may find it costlier to invest in Canada. While foreign investors would find it costlier to invest in Canada and may wait for later or invest somehwre else.  Then government may try to boost up investment and start lowering the interest rates, if it sees the rising dollar as detrimental for the Canadian economy and investments flowing abroad instead of Canada. But what would be the final outcome of the whole rigmarole is little difficult to predict, because something is arriving and something is departing and above all goverment is doing something or is going to do. But the basic gist is Canadian exporters will be sad and Canadian importers will be happy, but vice versa for foreign investors intending to invest in Canada."}
{"_id": "259300", "title": "", "text": "Wherever you park right now.  It\u2019s relatively simple to run electric lines and install chargers.  I\u2019m doing that to my house right now.  Well, not installing a charger yet, but the box and everything is right by where I park.  We\u2019re upgrading the electrical system and it\u2019ll be ready for it.  I have gasoline cars now and am eager to go electric.  I\u2019m putting a few thousand into my daily driver so it\u2019ll be good for another 8-10 years.  I think electric cars will hit their stride somewhere around 2025.  I\u2019m going solar before next summer and will put away a few thousand a year towards an electric car.  Better than car payments on something that will be obsolete soon."}
{"_id": "259313", "title": "", "text": "\"Anyone that currently owns a business of any size is a slave to pretty much anyone else.  We are told who to hire, how much to pay, how much of the profits we must give to \"\"pay our fair share\"\", who we must serve and by what measure of quality, what prices we may charge (in many cases) and so on.  What you and people like you do not get is that those of us that enjoy starting businesses have lost our taste for it.  We're sick of working twice as hard as our employees and then being told we don't \"\"give back\"\" enough.   I would NEVER not hire or serve someone on the basis of their color, religion, sexuality, and so forth.  Why?  Because finding great people is hard enough, why reduce the potential population further with biotry and silliness.  BUT, I would also never hire a person BECAUSE of those things.  I don't care if you're black and feel like you're entitled to special consideration because your great-great-great-great grandfather was enslaved.  A) I don't care.  B) I had nothing to do with it.  C) You're not entitled to squat unless you've earned it.  Ditto Native Americans, women, homosexuals, people that are overweight, or any one of a dozen other manufactured excuses for not being willing to be measured by - as per MLK - the content of your character, not the color of your skin (or whatever).  In the mean time I have been on strike.  I am not starting another business or hiring another person until this nonsense gets put under control.  I made that committment the day the Worst President In My Lifetime - Mr Hoax And Shame - got elected.  Guess what?  There are lots of people like me and you're not going to see an improving unemployment picture until you quit squeezing us with this PC, feel good stupidity.   And you know what?  If you do end the EEOC lunacy, what will happen?  People of all flavors who are persons of character and ability will flourish and the low life white trash, black ghetto scum, drug addict losers that support the ideological left will ... starve.  And that's just fine with me so long as they do not block traffic.\""}
{"_id": "259317", "title": "", "text": "Moreover the fact that they're simply invested in two of the biggest emerging market ETFs which preform well with global stability but are overall kinda risky long term goes to show that it's not some unheard of success. As you said, the proving ground will be whether they can make money in a down economy, where it's much harder to find profitable investments. Perhaps they'll switch to bonds and commodities."}
{"_id": "259336", "title": "", "text": "&gt;No, it has the intellectual rigor of saying that if you want to claim something then you have to prove it, not parrot some propaganda that has been repeated endlessly without any proof.  'where's my proof? where's my proof?'   You're the one arguing for a change away from the status quo here, to something that not only is entirely untested but *requires everyone to do it at once* AND *everyone to think just like you do* for it to 'work properly'. It's nothing but hypotheticals, yet you're saying the burden of proof is on me to 'prove' that *your* hypothetical scenarios won't work?   That's not a thing you can do, you can't prove a negative. All i can do is say look around at all the free markets and stateless populations we have now living in perfect harmony with each other and the environment. Oh wait. They don't exist. Because they don't work in the real world.   Any advantage is going to be used to bludgeon the competition with until you have a monopoly/quasi-state, and it relies on the population being informed in and believing in the system enough to make a conscious effort to not buy the cheaper goods at the store with the bad business practices, or potentially drive further to a different store if it's the store doing the bad practice!   &gt;Royal charter. Free market. You can only have one.   So you're saying there can never be a truly free market then? Because it strikes me that companies trading without regulatory oversight (as the British, Dutch, Portuguese, Spanish etc.) did is pretty much as close as we can get. They made huge, huge profits of course, but at the cost of a lot of human misery. In fact you can look at a lot of what the British did in the 19th century as semi-case studies for this as they had a proper hard on for the 'free market'. No government bailout for the famine in Ireland because they didn't want to 'Foster dependency on the state', let private charities do it instead (look it up, people donated but not anywhere near enough to alleviate the human misery - it also got all caught up in religious bullshit which didn't help matters). You had little kids getting their arms ripped off by textile looms for fucks sake, people working 14 hour days. But it made more money than working in the fields, so #worth, right?   &gt;In what way? People don't suddenly cease to have resources to deal with these things just because their resources are not forcibly centralized. That doesn't follow.  Because the pooling of vast resources for disaster relief is something that states do? Because there are efficiencies of scale to be had with the Military? The US Military was a huge player in the disaster response to disasters like the boxing day tsunami and hurricane katrina. You have NGOs like MERLIN and the Red Cross doing great work- and very quickly, but they just [can't provide the same resources a modern navy can in the same time frame](https://en.wikipedia.org/wiki/Operation_Unified_Assistance). It turns out you face a lot of the same problems in a modern battlefield as you do in a humanitarian crisis. Again, charities just don't get the funding to do this sort of thing on the same scale. There was a huge amount of funding dropped on the 2004 tsunami from many countries, but you can't build a hospital ship in two weeks, or a nuclear reactor to provide monumental amounts of fresh water, or the helicopters and operational procedures to tie everything together. Many thousands more would have died without their presence.   &gt;what evidence or reason you have to believe that hundreds of millions of people would have died in a century without governments.  This is my point, neither you nor I have any evidence to base this off rather than a tendency for people to be utter bastards to each other, looking at history. You're postulating that if all governments dissipated in a puff of smoke, there *wouldn't* be huge conflict in the resulting power vacuum?   &gt;\u201cAnarchists did not try to carry out genocide...  Yeah, good one. There weren't any Anarchists in a position to do any of that. Great straw man.   and that statement by Higgs is just that - a statement. WHY is the burden of proof on the 'statists'? It's the Anarchists who are arguing for the change in the status Quo. You're the one making the claim that it would be a better system here with nothing to back it up but 'well people probably wouldn't start murdering each other', pretty low bar there tbh.  But if you want reasoning, see my previous point - if it's such a better system, if people won't exploit every advantage they can get and distort the free market, if people wouldn't try and subvert the system for their own personal gain - why do we have states right now? Would any Anarchist 'state' (region?) not have simply outperformed neighbours if it's so much more efficient?"}
{"_id": "259341", "title": "", "text": "\"Some investment trusts have \"\"zero dividend preference shares\"\" which deliver all their gains as capital gains rather than income, even if the trust was investing in income yielding stocks. They've rather gone out of fashion after a scandal some years ago (~2000).  Good 2014 article on them here includes the quote  \"\"Because profits from zero dividend preference shares are taxed as   capital gains, they can be used tax efficiently if you are smart about   how you use your annual capital gains tax allowance.\"\"\""}
{"_id": "259371", "title": "", "text": "\"Am I wrong?  Yes. The exchanges are most definitely not \"\"good ole boys clubs\"\". They provide a service (a huge, liquid and very fast market), and they want to be paid for it. Additionally, since direct participants in their system can cause serious and expensive disruptions, they allow only organizations that know what they're doing and can pay for any damages the cause. Is there a way to invest without an intermediary? Certainly, but if you have to ask this question, it's the last thing you should do. Typically such offers are only superior to people who have large investments sums and know what they're doing - as an inexperienced investor, chances are that you'll end up losing everything to some fraudster. Honestly, large exchanges have become so cheap (e.g. XETRA costs 2.52 EUR + 0.0504% per trade) that if you're actually investing, then exchange fees are completely irrelevant. The only exception may be if you want to use a dollar-cost averaging strategy and don't have a lot of cash every month - fixed fees can be significant then. Many banks offer investments plans that cover this case.\""}
{"_id": "259373", "title": "", "text": "\"There is a saying in business: what gets measured gets done. Track every expense you make. Later, look over what you have learned. If 5% of your total budget is going to something frivolous, maybe you could halve it? If 1% or 0.1% is going to that frivolous expense, there's not much to be gained even by eliminating it. If you spend $200/mo on coffees, dropping those will help. If you spend $10/mo on coffees, you need to look elsewhere for your big savings. Have a target: I want to put $X into savings each month. Therefore I can only spend $Y. What do you have to change about last month's spending patterns to get down to $Y? Where are the easy targets for you? They will be different than the easy targets for me. What absolutely cannot change for you? Once you know the costs of what you're doing, you will know where it's possible to save, and where it's \"\"worth it\"\" to economize.\""}
{"_id": "259375", "title": "", "text": "Have you been involved in any iot or technology company. Even as a customer. Think of how well iot works in fridges and your home (Nest) and then think of having that technology implanted into your body.   Think about charging cables on your phone. Is there one kind? No. No one can agree on the standard. If you are ok with 1 chip, why not 3? Why not 5? Do some of them track your location? Maybe?"}
{"_id": "259396", "title": "", "text": "\"But relative to her competitors it should be the same percentage of negative experiences if her services are equivalent.  So, as is logical, you need to provide a better experience to receive a better \"\"Grade\"\" than your competitors.  The same bias' should exist in equal proportion across all businesses.  If you're lower than your competitors, you're probably doing something wrong, and should use the feedback to improve.\""}
{"_id": "259420", "title": "", "text": "Unfortunately, nothing is ever that simple. Do you have any income in the country where you currently live? The US has tax treaties with many countries, and though you may not have tax on the income generated by 401(k) withdrawals in the US, that income may be taxable in your home country. Your best bet at this point is to hire an accountant that is familiar with US tax treaty issues and pay for some advice."}
{"_id": "259426", "title": "", "text": "\"1. Read      (a) \"\"Save our skins: Structural adjustment, morality and the occult in Tanzania\"\" by Todd Sanders, published in 2001: #10a at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbwig0v      (b) \"\"Miners' magic: artisanal mining, the albino fetish and murder in Tanzania\"\" by Deborah Fahy Bryceson, Jesper Bosse J\u00f8nsson, and Richard Sherrington, published in 2010: #9 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbwig0v      (c) https://www.reddit.com/r/worldpolitics/comments/7372pp/the_global_traffic_in_human_organs_by_dr_nancy/dno28j5      (d) \"\"The Economic Aspects of Human and Child Sacrifice\"\" by Peter Rwagara Atekyereza, Justin Ayebare, and Paul Bukuluki, published in 2014: #2c at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbob0j2      Source for #1a, #1b, #1d: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006          Via: https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z  2. \"\"The Body Trade\"\" by Reuters, published in 2017: http://www.reuters.com/investigates/special-report/usa-bodies-brokers/  3. (a) \"\"Killed for their bones: On the trail of the trade in human body parts\"\" by Al Jazeera, published in 2017: https://interactive.aljazeera.com/aje/2017/malawi-killed-for-their-bones/      (b) \"\"Malawi: People with albinism 'living in fear'\"\" by Azad Essa &amp; Sorin Furcoi, published on 7 June 2017: http://www.aljazeera.com/news/2017/04/malawi-people-albinism-living-fear-170419064018308.html      (c) \"\"A 'resurgence' in attacks on people with albinism\"\" by Azad Essa and Sorin Furcoi, published on 12 June 2017: http://www.aljazeera.com/indepth/inpictures/2017/06/resurgence-attacks-people-albinism-170606110357747.html      (d) \"\"Scores arrested in Malawi after mobs kill 8 suspected 'vampires'\"\" by Charlotte Bellis, Al Jazeera, published on 23 October 2017: http://www.aljazeera.com/news/2017/10/scores-arrested-malawi-mobs-kill-8-suspected-vampires-171023074106197.html      YouTube link: https://www.youtube.com/watch?v=0ho-xGJsdkA\""}
{"_id": "259437", "title": "", "text": "When I go into a store, it's because I'm shopping for something where I *don't* know about it already.  I go straight to Amazon for products that I can buy sight unseen.  That's why Best Buy's piss-poor service ruins it for me.  You have nine products with near-identical information written about them, and all your salesman can do is read the numbers off the placard."}
{"_id": "259440", "title": "", "text": "\"Overall, since gold has value in any currency (and is sort of the ultimate reserve currency), why would anyone want to currency hedge it? Because gold is (mostly) priced in USD. You currency hedge it to avoid currency risk and be exposed to only the price risk of Gold in USD.  Hedging it doesn't mean \"\"less speculative\"\". It just means you won't take currency risk. EDIT: Responding to OP's questions in comment what happens if the USD drops in value versus other major currencies? Do you think that the gold price in USD would not be affected by this drop in dollar value? Use the ETF $GLD as a proxy of gold price in USD, the correlation between weekly returns of $GLD and US dollar index (measured by major world currencies) since the ETF's inception is around -47%. What this says is that gold may or may not be affected by USD movement. It's certainly not a one-way movement. There are times where both USD and gold rise and fall simultaneously. Isn't a drop in dollar value fundamentally currency risk? Per Investopedia, currency risk arises from the change in price of one currency in relation to another. In this context, it's referring to the EUR/USD movement. The bottom line is that, if gold price in dollar goes up 2%, this ETF gives the European investor a way to bring home that 2% (or as close to that as possible).\""}
{"_id": "259450", "title": "", "text": "How is the current mortgage payment broken out? I have a mortgage on a rental property with a payment of $775, but $600 is principal. If I were at breakeven on a sale or a bit underwater, I'd be better off just holding still, the tenant paying the loan down over $7000/year.  You question is a good one, but a good answer would require more details. A bank may not agree to a short sale on an investment property, especially since there's a second property to go after. I'm not making a judgement, just saying, it's not a slam-dunk to just short sell it."}
{"_id": "259453", "title": "", "text": "\"Lets put glib non-answers into perspective.   - There is not a single number: how many wounds. Then, dividing the total per this value, you'd know a bit more.   - They are generous in a lot of other percentages which, of course, mean crap without this. 5.8% of what? Is that 5 people shot, or 50000?   - The % of people without insurance is interesting, but a far more interesting value would be: X of the value is uninsured, in Y of the wounds. Then you'd know whether uninsured wounds are costlier on average.   - There is a 20 to 1 differential in 5000 to 100 000. Doesn't really tell us either average or median.   - What cost is accounted? Cost first billed? Values actually paid? Accounting cost of the actual care? Same price measure for the ones insured, and the ones uninsured? A standardized cost per types of wounds? If an hospital charges 100000 for the same another asks 20000 for, its meaningless. Societal cost is one thing, the billing fantasies of the american health system another.  If you fail to understand what is contained in what you read, and then again fail to understand when it is pointed out, then you do waste a lot of resources.  For those that CAN read, you can see how a full article can be read and published that contains no real information or original thought or research about a problem, being useless to define it. Its a \"\"feel this\"\" piece, knowledge is optional.\""}
{"_id": "259456", "title": "", "text": "As revised,  the answer is still that you're asking the wrong question. If your father wants to make money available on your debit card, all he has to do is deposit the money into your checking account. Where he gets that money from -- as an AmEx casH advance, by selling your bicycle for you, or simply out of one of his own bank accounts -- is irrelevant."}
{"_id": "259463", "title": "", "text": "Check the Financial section in this list of Open Source Software"}
{"_id": "259473", "title": "", "text": "\"How about keep your thieving hands off other people's money, and focus more on how you can trade freely with other individuals to get their compensation via saving them time, energy or money? If you analyze how most people \"\"get rich\"\", it's through providing a good or service that is so valuable that other people voluntarily part with their money because the good/service is of higher value to them... i.e. BOTH SIDES WIN IN VOLUNTARY TRADE. I don't hate Steve Jobs because he had $Billions, because I recognize that 1. I want people who produce the most for us to have even more resources than average and 2. he didn't take a dime from me that I didn't have full control over giving him, unlike politicians who just win popularity contests to seize control of 40% of our money (total cost of taxation).\""}
{"_id": "259476", "title": "", "text": "\"I transfer all their funds to my bank account Are they paying tax on that transfer?  Gifts under $14,000 are excluded from taxation in the US, but they're going going to have a hard time arguing that it is a gift (since they expect it back).  The taxes are almost certainly going to exceed the amount you can make from your investments in the short term, and if they aren't paid then your \"\"clients\"\" are going to be in hot water with the IRS. You need to have something set up that establishes you as merely managing the funds, and not receiving them personally as a transfer.  The other answers have good suggestions.\""}
{"_id": "259505", "title": "", "text": "Yeah it's obviously a bit draconian...Seems like you could do some pretty cool stuff too. Correlating physical time spent at desk with productivity, for one. You could map out points of diminishing return for work effort for each department, floor, desk, even employee. Pretty cool stuff.   Of course that's assuming HR isn't compromised of morons..."}
{"_id": "259517", "title": "", "text": "I heard somewhere that the average cycle for people who take out payday loans is 8 loans. Like they have to keep taking out loans to pay for the last one, and it goes around 8 times before you can get out of it. Granted that's dependent on how much you take out. I'm just wary of them now."}
{"_id": "259520", "title": "", "text": "\"I agree with you in that I think social pressures can contribute to the abandoning of STEM subjects at a young age. However, I would argue that these biases are experienced by both young men and women. I can't recall there ever being a situation where a subject was viewed as \"\"neerdy\"\" or detrimental to the social standings of female students but not male students.   What I think holds more weight is the idea you last mentioned, which was the need for female students to be encouraged. Personally, I believe that the outdated chauvinistic views of older genrations is still spilling into younger genrations (in the form of parents and teachers/counselors). While the article is quite lengthy, a big portion of it discusses how male students were encouraged to \"\"tough out\"\" classes/subjects when they began to face difficulties. Whereas female students \"\"receive fewer arguments from their parents, teachers or guidance counselors if they drop a physics class or shrug off an AP exam\"\".\""}
{"_id": "259530", "title": "", "text": "Gnucash uses aqbanking, so I'd suggest looking at aqbanking to see if it will do what you want. It seems to be actively developed (as of 26.2.2011), but the main page is in German and my German is a bit rusty... You might also try asking on the gnucash-users list."}
{"_id": "259531", "title": "", "text": "\"The most likely reason for this card is that Amazon has an arrangement with the issuer (I believe that that used to be Chase; may have changed since).  Such an arrangement may allow Amazon to take the risk of chargebacks, etc. in return for the issuer handling the mechanics of billing.  This is advantageous for Amazon, as otherwise they are subject to both their own procedures and those of the issuer.  Amazon would rather take the entire risk than share it with someone else who charges for the privilege.   Fees for processing credit cards can be as much as 5%, although 1-2% is more typical.  Due to its size, Amazon may already have negotiated fees lower than 1%.  But even so, any savings they make are to their benefit.  Further, now they can get a share of the fees charged to other merchants.  For example, if you buy a book from Barnes & Noble (an Amazon competitor) with the Amazon card, then Amazon gets some money in return, say 1% of the transaction.   If the price is the same on Amazon and at Barnes & Noble, you can actually save money with the Amazon card.  Amazon gives more \"\"cash back\"\" in the form of gift card balance for an Amazon purchase.  So the card may mean that you buy from Amazon when you might otherwise have chosen someone else.  If we again assume a 20% margin, they only need $200 of additional purchases to make $40 of profit.  Someone who buys $1000 additional on the Amazon site makes them $200 of profit.  They're over $160 ahead.   Also note that Amazon is only giving you a gift card, which you have to use on Amazon.  And it's difficult to spend exactly $50.  As a practical matter, most people will buy, say, $60, with $10 of that money.  So they sell you $48 of merchandise (their cost, assuming a 20% margin) for $10.  They lost $38 on that transaction, but they've lured you into a long term relationship that may return more than that.  And they didn't lose the $50 you gained.  They only lost $38.   Think about it as a marketing cost.  Amazon is willing to pay $38 for a long term relationship with you.  From their perspective, doing so in such a way that you come out $50 ahead (assuming you would have made the same purchases without this), is a win-win.  Because once they have that relationship, they can leverage it to give them savings elsewhere.   This is Amazon's approach in general.  Originally all their products were drop shipped (from someone like Ingram Micro).  They handled the web site and billing while the drop shipper handled inventory and shipping.  Then Amazon added their own warehouses.  Now they can do all that separately.   This is just the same thing for buyers.  Amazon manages all the risk of the transaction and thus gets all the profit.  Because Amazon is managing the credit card risk, they have access to all the credit history.  This helps them better determine if that sudden shipment of a $2000 camera to Thailand is a real transaction (you're a photographer who regularly vacations in Thailand) or a fake (you've never been to Thailand in your life and your phone is camera enough).  That additional information may itself be worth enough to make the relationship profitable for Amazon.   Amazon certainly gets something out of the relationship.  You give them money.  And you are likely to give them more money with the Amazon card than they would otherwise receive.  But you get products in return.  Is that a good deal?  If you prefer having the products to the money, then yes.   Others have suggested that it's the irresponsible credit card users that generate the real profit.  I disagree.  They generate more revenue in the short term, but then they overspend and declare bankruptcy.  Then Amazon loses its money.  Yes, they get more interest and fees in that case, but if they lose $1000, they needed to make $1000 in profit just to break even.  It's safer to make the smaller short term profits with responsible customers who will continue to be customers for the long term.   A steady profit of $100 or $200 a year is better than a one time profit of $500 followed by a loss of $1000 followed by nothing for ten years.   Anyway, your question was if you should sign up for the card.  If you are planning on doing a lot of shopping on Amazon, you might as well.  It gives you cash back.  If shopping on Amazon is inconvenient, then perhaps that outweighs the advantage of the card.  The \"\"cash back\"\" is just Amazon money.  You can't spend it anywhere but Amazon.  If each transaction gives you a little bit of Amazon money, you have to keep going back to spend it.\""}
{"_id": "259545", "title": "", "text": "I agree with all your points- I'm currently job hunting in cheaper areas so I don't have to financially tread water.   I meant that I see a lot of people with nice cars, going out to eat all the time, buying places. I have friends in their 20s buying their first apartment, but I know that they don't make nearly enough money for that from their jobs. Where does the money come from? Am I wrong to assume that their parents pay for everything?"}
{"_id": "259560", "title": "", "text": "\"I'm in the US, so there may be idiosyncrasies with UK taxes that I'm not familiar with, but here's how I've always treated stock I get as compensation.   Suppose the vested shares are worth X.  If I had X in cash, would I buy my company's stock as an investment?  Usually the answer is no, not because I think the stock will tank, but because there's better things I can do with that cash (pay off debt, unfortunately).  Therefore I sell the shares and use the cash for something else. You have stock options. So suppose the stock value is X but you can buy it for Y.  You can either: Therefore, the math is the same. If you had X in cash, would you buy your company's stock as an investment?  If so, then option 2 is best, because you can get X in stock for a lower cost. (Option 3 might be better if the gain on the stock will be taxed higher, but they're pretty much equivalent if there's no chance that the stock will drop below Y) If not, then option 4 is best since you will likely get more than X-Y from selling the options that by exercising them and selling the stock (since options have time value). If option 4 is not a possibility, then option 1 is best - you pocket X-Y as \"\"income\"\" and invest it however you see fit.\""}
{"_id": "259564", "title": "", "text": "Generally, no.  A mortgage is a lien against the property, which allows the bank to exercise certain options, primarily Power of Sale (Force you to sell the property) and outright seizure.   In order to do this, title needs to be clear, which it isn't if you have half title. However, if you have a sales agreement, you can buy your brother's half, and then mortgage the entire property.  This happens all the time.  When you buy a house from someone, you get pre-approved for that house, which, at the time, you have no title to.   Through some black magic lawyering and handwaving, this is all sorted out at closing time."}
{"_id": "259602", "title": "", "text": "I can't give you a specific answer because I'm not a tax accountant, so you should seek advice from a tax professional with experience relevant to your situation. This could be a complicated situation. That being said, one place you could start is the Canada Revenue Agency's statement on investment income, which contains this paragraph: Interest, foreign interest and dividend income, foreign income,   foreign non-business income, and certain other income are all amounts   you report on your return. They are usually shown on the following   slips: T5, T3, T5013, T5013A To avoid double taxation, Canada and the US almost certainly have a foreign tax treaty that ensures you are only taxed in your country of residence. I'm assuming you're a resident of Canada. Also, this page states that: If you received foreign interest or dividend income, you have to   report it in Canadian dollars. Use the Bank of Canada exchange rate   that was in effect on the day you received the income. If you received   the income at different times during the year, use the average annual   exchange rate. You should consult a tax professional. I'm not a tax professional, let alone one who specializes in the Canadian tax system. A professional is the only one you should trust to answer your question with 100% accuracy."}
{"_id": "259607", "title": "", "text": "What's an example of abusing it? For example I've ordered 2-3 sizes of a pair of shoes if I'm new to the brand and return the ones that don't fit because it's generally free returns on clothing. Is this what you mean?"}
{"_id": "259611", "title": "", "text": "Heh... that's true. I may have terrible luck, but there's nothing I can do on that one, other than acknowledge and curse it, or perhaps even using it as motivation. I think that pressing onward in defiance of fate until fate relents (or perhaps until I die) makes for a pretty cool story."}
{"_id": "259619", "title": "", "text": "I know folks who have had two personal (chap. 7 both times) bankruptcies in the U.S.,  including one after the bankruptcy reforms of a few years ago.  I did have the 10-year thing wrong, though. It's once every eight years for a chap. 7 liquidation, and once every six years for Chap. 13 restructuring."}
{"_id": "259623", "title": "", "text": "\"The three stores you mention will be the ones that remain. I'm not wrong. We are saying the same thing. Home Depot on the other hand will carry less and less of the more obscure things. Your three examples are stores that carry the exact type of items i mentioned.  People still buy appliances,it's just that they do it online. What you call \"\"urban shopping malls\"\" like kohls and old navy are actually discount retailers. They will suffer too, look at their inventory now, they carry items scientifically designed to appeal to the broadest set of people who \"\"need some new clothes right now\"\"   As time passes people will visit stores less and less.  Retail will be turned into office space and apartments.\""}
{"_id": "259625", "title": "", "text": "\"If you're going to be a day trader, you really need to know your stuff.  It's risky, to say the least. One of the most important elements to being successful is having access to very fast data streams so that you can make moves quickly as trends stat to develop in the markets.  If you're planning on doing this using consumer-grade sites like eTrade, that's not a good idea.  The web systems of many of the retail brokerage firms are not good enough to give you data fast enough for you to make good, timely decisions or to be able to execute trades way that day traders do in order to make their money.  Many of those guys are living on very thin margins, sometimes just a few cents of movement one way or the other, so they make up for it with a large volume of trades. One of the reasons you were told you need a big chunk of money to day trade is that some firms will rent you out a \"\"desk\"\" and computer access to day trade through their systems if you're really serious about it.  They will require you to put up at least a minimum amount of money for this privilege, and $25k may not be too far out of the ballpark. If you've never done day trading before, be careful.  It doesn't take much to get caught looking the wrong way on a trade that you can't get out of without losing your shirt unless you're willing to hold on to the stock, which could be longer than a day. Day trading sounds very simple and easy, but it isn't.  You need to learn about how it works (a good book to read to understand this market is \"\"Flash Boys\"\" by Michael Lewis, besides being very entertaining), because it is a space filled with very sophisticated, well-funded firms and individuals who spend huge sums of money to gain miniscule advantages in the markets. Be careful, whatever you do.  And don't play in day trading with your retirement money or any other money you can't afford to walk away from. I hope this helps. Good luck!\""}
{"_id": "259627", "title": "", "text": "The money your tenants spent on repairs and maintenance that is otherwise your responsibility is considered rent paid to you (and deductible to the extent you can deduct maintenance expenses, provided you have documentation etc etc). The money your tenants spent on utilities, which is their responsibility anyway, is not considered rent paid to you. Since in your question you seem to be mixing both together, it is hard to accept a claim that the additional $300 spent on utilities and maintenance is enough to bring the rent to the FMV level. Especially since the transaction is between related persons, it may bring additional scrutiny of the IRS."}
{"_id": "259639", "title": "", "text": "It's not quite that simple... they screwed over Morgan Stanley (?) on the IPO by cooking the books and falsifying their earnings estimates.  So they did lie, cheat, and mislead a lot of people.  But still, you're right."}
{"_id": "259649", "title": "", "text": "What's f'd up is that we live in a business culture that allows this stuff to happen.  Capitalism where the end consumer is a product to be sold to shareholders and regulations are the antichrist unless they are the monopolies that allow them to treat their costumers like shit in the first place."}
{"_id": "259656", "title": "", "text": "You expect my 65-year old aunt who just had a quadruple bypass to move out of the town where all her children and grandchildren live and where she's lived for over 40 years with her retired and disabled husband? Her town is surrounded by farmland, so she'd have to move quite some distance.  I think you're lacking perspective. Moving is expensive and difficult, especially for seniors."}
{"_id": "259657", "title": "", "text": "Supervision is an essential part of counselling and National Counselling Society provide good governance and leadership by understanding their role. For more information, contact us at: 19 Grafton Road, Worthing, West Sussex, BN11 1QT, UK or Call us at: 01903 200666 Company Name: The National Counselling Society Address:  19 Grafton Road                   Worthing                   West Sussex                   BN11 1QT                   UK Phone: 01903 200666 Email: admin@nationalcounsellingsociety.org  Webiste: https://www.nationalcounsellingsociety.org/about-us/governance/"}
{"_id": "259659", "title": "", "text": "\"There are many reasons. Here are just some possibilities: The stock has a lot of negative sentiment and puts are being \"\"bid up\"\". The stock fell at the close and the options reflect that. The puts closed on the offer and the calls closed on the bid. The traders with big positions marked the puts up and the calls down because they are long puts and short calls. There isn't enough volume in the puts or calls to make any determination - what you are seeing is part of the randomness of a moment in time.\""}
{"_id": "259706", "title": "", "text": "\"A simple way to ask the question might be to say \"\"why can't I just use the same trick with my own shares to make money on the way down? Why is borrowing someone else's shares necessary to make the concept a viable one? Why isn't it just the inverse of 'going long'?\"\" A simple way to think about it is this: to make money by trading something, you must buy it for less than you sell it for.  This applies to stocks like anything else.  If you believe the price will go up, then you can buy them first and sell them later for a higher price.  But if you believe the price will go down, the only way to buy low and sell high is to sell first and buy later.  If you buy the stock and it goes down, any sale you make will lose you money. I'm still not sure I fully understand the point of your example, but one thing to note is that in both cases (i.e., whether you buy the share back at the end or not), you lost money.  You say that you \"\"made $5 on the share price dropping\"\", but that isn't true at all: you can see in your example that your final account balance is negative in both cases.  You paid $20 for the shares but only got $15 back; you lost $5 (or, in the other version of your example, paid $20 and got back $5 plus the depreciated shares). If you had bought the shares for $20 and sold them for, say, $25, then your account would end up with a positive $5 balance; that is what a gain would look like.  But you can't achieve that if you buy the shares for $20 and later sell them for less. At a guess, you seem to be confusing the concept of making a profit with the concept of cutting your losses.  It is true that if you buy the shares for $20 and sell them for $15, you lose only $5, whereas if you buy them for $20 and sell for $10, you lose the larger amount of $10.  But those are both losses.  Selling \"\"early\"\" as the price goes down doesn't make you any money; it just stops you from losing more money than you would if you sold later.\""}
{"_id": "259708", "title": "", "text": "&gt; Not when 100 people apply for a receptionist job with 20 graduates in the mix.  How is a tax credit that encourages business owners to hire the long term unemployeed going to do anything to fix this problem?  Such a tax credit isn't going to create opportunity for businesses to hire more people.  It's just going to shift employment opportunities from the employed and short-term unemployed to the long-term unemployed.  Where is the value in this proposition?"}
{"_id": "259722", "title": "", "text": "\"So, what's your actual plan/strategy/suggestion to combat this, again?   Are you planning on buying physical gold, other precious metals (again, tangible--not paper), and buying &amp; investing in real estate?       This isn't a sarcastic question; I want to go down this hypothetical path in the thought experiment a bit further.       For example: for a US investor, could *part* of the strategy be to \"\"move to a state with no state income tax\"\" to preserve as much income as possible in order to invest that income in one of the target categories?     Is careful selection of primary residence (real estate) in a location most likely to appreciate part of the strategy?      Is moving your investment accounts offshore to a tax haven part of the strategy?\""}
{"_id": "259726", "title": "", "text": "They changed the way trailing interest is calculated back in 2008 if I recall correctly. The idea at the time was that the interest charges to the customer were somewhat less, but it made trying to get a payoff quote a PITA. They used to take payments for more than the current balance due at that time, however. I can't provide any insight as to why they won't now, though."}
{"_id": "259728", "title": "", "text": "\"$500, this is called \"\"cash basis\"\" accounting. A large company might handle it otherwise, counting shipments/billings as revenue. Not you. Yet.\""}
{"_id": "259730", "title": "", "text": "It is the responsibility of the bid manager to recognize this and subtly ensure the team recognizes that within its make up there are different personalities, different thinking, action, communication and learning styles and it\u2019s worth noting this is even more acute given proposal manager\u2019s regularly build up new teams, more so than most other manager\u2019s."}
{"_id": "259731", "title": "", "text": "While it is possible to have pre-printed checks with a limit on them, I'd be worried about two things: That limit somehow getting ignored by the banks and the resulting hassle on your part. Anyone unscrupulous could try to talk dad into simply writing more than one check. Dad should give you power of attorney and let you dole out a monthly allowance into his account. Yeah, it's a tough conversation, just like the one about not driving anymore."}
{"_id": "259748", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/997328/the-world-could-punish-trump-for-quitting-the-paris-climate-agreement-by-imposing-carbon-tariffs-on-us-exports/) reduced by 83%. (I'm a bot) ***** &gt; Now, US president Donald Trump is attacking the 2015 Paris climate agreement, which his predecessor formally signed and ratified.  &gt; Taking into consideration America&amp;#039;s emissions and its GDP, Hope estimates that a tax rate of between 6% and 10% on US exports would enough to compensate for the damage caused by its emissions.  &gt; Former French president Nicholas Sarkozy floated a similar idea in November, when Trump first suggested he might withdraw the US from the Paris agreement.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6frug8/the_world_could_punish_trump_for_quitting_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~138371 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **emissions**^#1 **Trump**^#2 **tax**^#3 **between**^#4 **agreement**^#5\""}
{"_id": "259750", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Saving small businesses in New York: what are the solutions?](https://www.reddit.com/r/talkbusiness/comments/79zdil/saving_small_businesses_in_new_york_what_are_the/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "259764", "title": "", "text": "\"I don't know the details of whether or not you should pay this money, or who is at fault. But clearly, you believe that you do not owe the money, and the bank investigation seems to agree with you, since they gave you your money back.  Since you have your money, and they haven't sued you, the only issue yet remaining is your credit report. Here is what I would suggest.  First, make sure you check all three credit reports, to see which reports the collection appears on. Then dispute the report with each credit bureau reporting the problem. There is an article on CreditKarma that explains the process. When you file your dispute with the credit bureau(s), they will investigate. This usually involves asking the creditor for proof of the debt, and if you didn't sign anything, they probably won't have any proof. Hopefully, the credit bureaus will come to the same conclusion as the bank did, and remove the collection from your credit reports.  In my opinion, it doesn't make sense to pay them now, if you don't believe you owe it. Paying them won't remove all the bad stuff from your credit report (but it will improve it), and you don't want to pay them and then immediately sue them.  If, however, the credit bureaus side with the landlord and leave this on your report, paying the $300 is better on your report than leaving the \"\"unpaid debt\"\" on there.\""}
{"_id": "259766", "title": "", "text": "The first problem with your analysis is that you are not comparing equivalent contributions. The deductible Traditional IRA contribution is in terms of pre-tax money, whereas the Roth IRA contribution is in terms of post-tax money. A certain nominal amount of pre-tax money is equivalent to a smaller nominal amount of post-tax money, because taxes are taken out of it. For a fair comparison, you need to start with the same amount of pre-tax money being taken out of your wages. If you start with $1000 being taken out of your pre-tax wages, the deductible Traditional IRA contribution will be $1000, but your Roth IRA contribution will be $750, because 25% of it went to paying taxes. If you go through the calculation, you will see that after you withdraw it (and 25% taxes are paid in the Traditional case), you will be left with the exact same amount of money in your hand at the end in both cases. Even though you see that you end up with the same amount of money, you may still be confused because you paid different nominal amounts in taxes. That's the second problem with your analysis -- you are comparing the nominal amounts of taxes paid at different times. You are missing the time value of money. Would you rather pay $1000 of taxes today or $1001 of taxes in 10 years? Of course you would rather the latter, even though it is a higher nominal amount. A given amount of money now has the same value to you now as a bigger amount of money later. If I invest a given amount of money now, and it grows in to a bigger amount of money later, then that bigger amount of money later has the same value as the original contribution now. So the 25% tax on the contribution now is equivalent to the 25% tax on the total value later, even though the latter is a much bigger nominal amount. Another way to think about it is that you could have taken that 25% tax you paid now, and instead invest it, let it grow, and pay that result (which will still be 25% of the total later) in taxes later. You get to keep the remaining 75% of your investment either way. You are simply investing on behalf of the government the part of the money you would have paid them, and paying them the result of investing that portion of the money later."}
{"_id": "259777", "title": "", "text": "\"Indefinitely is easy to answer. Assume that the average house currently costs four times the average salary, and that house prices rise 1% faster than salaries indefinitely. Then in only 1,000 years' time, the average house will cost around 84,000 times the average salary. In 10,000 years, it will be 6.5*10E43 times the average salary. That doesn't seem plausible to me. If you want arguments about \"\"for the foreseeable future\"\", instead of \"\"indefinitely\"\", then that's harder.\""}
{"_id": "259780", "title": "", "text": "What you see on XE, is the rate at which it is being traded in the market. What you receive from a broker is the rate minus a fee, for the service being provided. You can check what rates are available for visa and mastercard on the following websites.  Visa rates Mastercard rates I want to shop in the currency that will be cheapest in CAD at any given time. This is a mirage and isn't going to help much. The prices you pay might be reflecting the exchange rates, difference in the product quality and other factors too.  Rates are fixed for a day, so any FX movement you see in the market willn't be reflected in what you pay."}
{"_id": "259786", "title": "", "text": "First of all, I agree with both the conclusion in the question and Ganesh\u2019s answer \u2013 avoid funds or stockmarket based instruments, given the short timescale and need to draw an income. However I think looking at savings accounts only is missing a trick. At the moment there are several current accounts that pay >2% interest on balances the size of which you\u2019re proposing. The list of which accounts are offering which rates / conditions at which point in time will vary, so here is a link to a good source of regularly  updated information: https://www.moneysavingexpert.com/savings/savings-loophole  There are some conditions, but the best interest rate on offer (that isn't limited to one year) appears to be 3% \u2013 much better than the leading instant access savings account."}
{"_id": "259800", "title": "", "text": "We know all the hurdles about Startup Turkey and Turkey immigration which foreign clients are facing with immigration, bureaucracy, language, and starting a business in Turkey. You would get full support about legal service by startup Turkey and Turkey immigration. We follow all the legal procedures on behalf of the client."}
{"_id": "259801", "title": "", "text": "This is a long [article](https://www.bcg.com/blockchain/thinking-outside-the-blocks.html?linkId=32278919&amp;utm_content=buffer1d4c7&amp;utm_medium=social&amp;utm_source=pinterest.com&amp;utm_campaign=buffer) written by some leaders from the Boston Consulting Group. It is worth the read; however, based on your comment, I think the biggest piece to pay attention to is this [graph](http://i.imgur.com/q0SPYVQ.png) which does an excellent job of showing the layers from blockchain to app.  For clarity, Bitcoin is a blockchain, and is also the name of the currency for that blockchain, Ethereum is a blockchain and uses Ether as its currency. Given the structure of Ethereum it allows for apps and services to be built on top of its blockchain, such as the [Golem Network](https://golem.network/) which uses its own currency for its specific ecosystem known as [Golem Token](https://coinmarketcap.com/assets/golem-network-tokens/)."}
{"_id": "259810", "title": "", "text": "Actually, yes, I do think it's fair. It's a corporation, not a family. I think *individuals* should pay 50% of every dollar above $5m. That means every dollar; personal income, capital gains, interest, whatever.  My **only** problem with taxes is how poorly I think they're spent right now. Giving more money to worthless corporate whores (congress) who've already proven they don't have the people's interests at heart is not a concept I relish. One thing at a time though."}
{"_id": "259829", "title": "", "text": "They're trying to, but ratepayers and state governments are fighting back, especially in progressive states.   The big issue is the degree to which you can bank your summer power surplus to offset your winter deficit. You'd think that since you're generating power for the grid in summer you'd get equal credit for that to use in winter when the sun shines less, but power companies do their best to prevent this, so state governments have to mandate it."}
{"_id": "259832", "title": "", "text": "Because I want my plane flown by some ex-military NASA hotshot pilot with ice water running through his veins, and I am willing to pay for it. Would you rather have Neil Armstrong or Uniblab responsible for your life?"}
{"_id": "259849", "title": "", "text": "It doesn't really make a difference to be honest.  I work in a place where salary is dependent on position, and all the positions are known so you can just go look up anyone's salary.  There's no strife involved."}
{"_id": "259856", "title": "", "text": "And then they got caught for inside trading because the CEO was getting inside information, but now they are private and I think he offers at least 30% now. Don't believe me, Idc. SAC capital is right down the street from where I work and I know the personal secretary for the CEO of SAC capital."}
{"_id": "259858", "title": "", "text": "\"Wikipedia:    &gt; On 24 September 2007, the Department of Medicine of Alberta University reported that after the trial funding was secured, both the Alberta local ethics committee and Health Canada approved the first DCA clinical trial for cancer.[24] This initial trial was relatively small with enrollment of up to 50 patients. The trial was completed in August 2009.[25] In May 2010 the team published a press release[26] stating no conclusions could be drawn as a result of the trial. A paper describing the results was published[27] but not linked from the press release. Only five patients had been treated with the drug during the trial. [..] &gt; Five palliative patients with primary GBM were entered into a phase II trial. Three had not responded to several chemotherapies; two were newly diagnosed. After surgical removal of tumor mass, they were treated with DCA and chemotherapy.[15]  &gt; Of the five patients tested, one died after three months. The surviving four were followed for 15 months. Their Karnofsky scores were unchanged in two cases, and decreased by 10 points in two patients.[15]  &gt; DCA was associated with tumor regression and had a good safety profile. DCA side effects were minimal.[15]  That's not \"\"established\"\", that's a long shot.  It helped, somewhat, and it did not harm -- but it absolutely did not \"\"cure cancer\"\".  Based on a 5 patient study no drug on earth would be admitted.    And then there's this:    &gt; In 2010, it was found that for human colorectal tumours grown in mice, under hypoxic conditions, DCA decreased rather than increased apoptosis, resulting in enhanced growth of the tumours.[18] These findings suggest that at least in some cancer types DCA treatment could be detrimental to patient health, highlighting the need for further testing before it can be considered a safe and effective cancer treatment.[18]  Cancer medicine has a long, sad history with super promising drugs which totally failed to deliver.  DCA sounds more like one of these than a wonder drug suppressed by evil pharma, although I would recommend to continue public funding on it.\""}
{"_id": "259881", "title": "", "text": "This is something that many people misunderstand. Nearly everyone who works in the U.S. is required to pay Social Security and Medicare taxes (sometimes called payroll taxes or FICA).  These are not a savings plan, and the money you pay is not going into an account with your name on it.  This money is used to pay for the benefits of the current retirees/beneficiaries.  When you retire, the benefits you get will be paid for by the workers that are still working and paying that tax. You may be receiving benefits, but you are also still working, so you still have to pay the tax."}
{"_id": "259890", "title": "", "text": "eChecks (and ACH) are a (desperate?) try of the US banking system to get into the 21st century. All EU countries (and some others) have direct deposits and transfers as the standard way of transferring money since about 20 years, and since about 5 years it is cost-free and one-day across all the EU. The rest of the world runs mostly country specific system, as there is not that large a demand for cross country shifting, and exchange rates are also an issue in any such transaction. Because they have different ways that work fine since decades, other countries will consider the eCheck idea as a step backwards and will probably ignore it, so your answer is 'none'. International companies work with banks in a different relationship than retail customers, so they can do things you and me cannot do - depending on size and volume. Some large companies get a banking license and then handle their own stuff; medium sized companies make favorable contracts with banks (they are golden goose customers - never an issue, no brick and mortar presence needed, banks love them), or they simply suck up the transfer cost (if you move millions, who cares about a 40 $ fee). Small businesses whine and live with what they get..."}
{"_id": "259897", "title": "", "text": "It goes to the beneficiaries, not necessarily the heirs. Taxation is a bit complicated and depends also on the plan requirements, the new owners' decisions, and the last status of the deceased owner. You should really talk to a tax adviser with the specific details to get a reliable answer that would address your situation. You should also ask about State inheritance taxes for the deceased and the beneficiaries' states. Here's the NOLO article on the issue."}
{"_id": "259904", "title": "", "text": "If you are looking to re-invest it in the same company, there is really no difference. Please be aware that when a company announces dividend, you are not the only person receiving the dividend. The millions of share holders receive the same amount that you did as dividend, and of course, that money is not falling from the sky. The company pays it from  their profits. So the day a dividend is announced, it is adjusted in the price of the share. The only reason why you look for dividend in a company is when you need liquidity. If a company does not pay you dividend, it means that they are usually using the profits to re-invest it in the business which you are anyway going to do with the dividend that you receive. (Unless its some shady company which is only established on paper. Then they might use it to feed their dog:p).  To make it simpler lets assume you have Rs.500 and you want to start a company which requires Rs 1000 in capital : - 1.) You issue 5 shares worth Rs 100 each to the public and take Rs 100 for each share. Now you have Rs 1000 to start your company. 2.) You make a profit of Rs 200. 3.) Since you own majority of the shares you get to make the call whether to pay Rs.200 in dividend, or re-invest it in the business. Case 1:- You had issued 10 shares and your profit is Rs 200. You pay Rs. 20 each to every share holder. Since you owned 5 shares, you get 5*20 that is Rs.100 and you distribute the remaining to your 5 shareholders and expect to make the same or higher profit next year. Your share price remains at Rs.100 and you have your profits in cash. Case 2:- You think that this business is awesome and you should put more money into it to make more. You decide not to pay any dividend and invest the entire profit into the business. That way your shareholders do not receive anything from you but they get to share profit in the amazing business that you are doing. In this case your share price is Rs. 120 ((1000+200)/10) and all your profits are re-invested in the business. Now put yourself in the shareholders shoes and see which case suits you more. That is the company you should invest in.  Please note: - It is very important to understand the business model of the company before you buy anything! Cheers,"}
{"_id": "259909", "title": "", "text": "Up until the last couple of years, working at Sears was a fairly decent job - nothing to write home about but had benefits and would put food on the table.  What do you think is going to happen to the people who are laid off?  Do you think they're going to get a better job?  I believe it's unlikely - I think the people who lose their jobs are going to suffer, and badly.    I suppose a collapse is coming and I should be hoping it happens as soon as possible.  But it's hard for me not to think about all these people suffering in the meantime."}
{"_id": "259917", "title": "", "text": "Yeah, those sound like good interns. But I'd look at it more like a person like that would get more out of the internship than somebody will fewer qualification. I see where you're coming from. I haven't supervised an intern in a while, I moved into an organization this year that doesn't have anybody below VP level and doesn't take interns. I teach a class to interns and new grad hires though, and I always enjoy it."}
{"_id": "259919", "title": "", "text": "If they have borrowed money without paying it back, what makes you think you could get interest paid? The problem that you face first is to make clear to them that a loan is a loan. As long as they can get free money off you, they will keep borrowing."}
{"_id": "259923", "title": "", "text": "+1 for YNAB. I used to use MS Money until it was decommissioned. I used that to historically record my spending and investing, and plot my net worth. Whilst YNAB will do that, it is actually geared towards forward planning much more so. In this area, it is fantastic. I like that there are mobile apps for it too."}
{"_id": "259924", "title": "", "text": "As others have mentioned yes it is taxable. Whether it goes through payroll and has FICA taken out is your issue in terms that you need to report it and you will an extra 7.5% self employment taxes that would normally be covered by your employer. Your employer may have problems but that isn't your issue.  Contrary to what other users are saying chances are there won't be any penalties for you. Best case you have already paid 100% of last years tax liability and you can file your normal tax return with no issues.  Worst case you need to pay quarterly taxes on that amount in the current quarter. IRS quarters are a little weird but I think you need to pay by Jan 15th for a December payment. You don't have to calculate your entire liability you can just fill out the very short form and attach a check for about what you will owe. There is a form you can fill out to show what quarter you received the money and you paid in it is a bit more complex but will avoid the penalty. For penalties quarterly taxes count in the quarter received where as payroll deductions count as if they were paid in the first quarter of the year. From the IRS The United States income tax is a pay-as-you-go tax, which means that tax must be paid as you earn or receive your income during the year. You can either do this through withholding or by making estimated tax payments. If you do not pay your tax through withholding, or do not pay enough tax that way, you might also have to pay estimated taxes. If you did not pay enough tax throughout the year, either through withholding or by making estimated tax payments, you may have to pay a penalty for underpayment of estimated tax. Generally, most taxpayers will avoid this penalty if they owe less than $1,000 in tax after subtracting their withholdings and credits, or if they paid at least 90% of the tax for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller."}
{"_id": "259930", "title": "", "text": "@Michael Kj\u00f6rling answered why platinum is in demand like it is.  But it missed some of the significant risks so I will address some of them.  Platinum is much more rare than gold.  But not because there is less platinum than gold just that the known existing platinum veins are smaller and more disbursed.  So if a large vein were found it could have a significant impact on the availability and thus reducing price of platinum.  New mining technologies are being developed every day.  One of these could make exacting platinum from existing not platinum mines easier and more cost effective again increasing the availability and reducing the price of platinum. The vast majority of platinum use today is for emissions controls.  There is a lot of money being thrown into research on green energy and technologies.  One of these technologies or a side effect of other research could result in much more cost effective ways to combat emissions.  Should that happen I would expect the price of platinum to fall through the floor and potentially never recover. I do not think any of these scenarios are imminent. But the risks that they present are so great it is important to consider them before investing."}
{"_id": "259939", "title": "", "text": "What's the basis for this statement? I think maybe we'd have a disagreement on the definition of fair?  E: fyi, many middle to low class Americans would have much worse lives if they baseline the min wage to $15. Companies pass that cost on, they don't eat it on their margins. But reddit wouldn't like or understand that, they'll keep bitching instead."}
{"_id": "259948", "title": "", "text": "The meaning is quite literal - a representative stock list is a list of stocks that would reasonably be expected to have about the same results as the whole market, i.e. be representative of an investment that invests in all those stocks. Of course, you don't want to invest in all stocks individually, that would be impractical, but you can either choose a diverse array of stocks that are (should be) representative, as the article recommends, or alternatively choose to invest in an index fund which offers a practical way to invest in all the stocks in the index at once."}
{"_id": "259955", "title": "", "text": "From a mathematical point of view the stats do not change depending on past performance. Just because a fund is lucky one year doesn't mean that it will be unlucky the next. Consider tossing a coin, the chance of heads is 50%. If you have just thrown 3 heads, the chance of heads is still 50%. It doesn't go down.  If you throw 10 heads in a row the chance of a heads is still 50%, in fact you many suspect there is something odd about the coin, if it was an unfair coin then the chance of a heads would be higher than 50%. It could be the fund is better run, but there could be other reasons, including random chance. Some funds will randomly do better and some will randomly do worse What you do know is that if they did better than average other funds have done worse, at least for last year."}
{"_id": "259973", "title": "", "text": "It's not really a new idea, or even from this administration.    Every time this is brought up, the crazies on the extreme ends of the political spectrum start losing their shit about government tracking, national ID, jack-booted thugs, and so on, and the idea gets quietly swept under a rug.  Maybe this time, the crazies on the right will shut up and pretend it's a great idea 'cause Trump is involved?  I'm not above using the crazies to get useful things done."}
{"_id": "259989", "title": "", "text": "You only have to pay income tax on a tax deferred account (like a 401k) when you withdraw money from it. You might only need $3K to live on a month, or less, so you only have to pay the taxes at that time I believe."}
{"_id": "259994", "title": "", "text": "What did I deflect? You're the one not answering the pertinent questions moron.   Also, what does who I voted for (I didn't) have anything to do with what we're talking about? Keep bringing up irrelevant points, it's a great deflection technique."}
{"_id": "260006", "title": "", "text": "Now a days, your stocks can be seen virtually through a brokerage account. Back in the days, a stock certificate was the only way to authenticate stock ownership. You can still request them though from the corporation you have shares in or your brokerage. It will have your name, corporation name and number of shares you have. You have to buy shares of a stock either through a brokerage or the corporation itself. Most stock brokerages are legit and are FDIC or SIPC insured. But your risks are your own loses. The $10 you are referring to is the trade commission fee the brokerage charges. When you place an order to buy or sell a stock the brokerage will charge you $10. So for example if you bought 1 share of a $20 stock. The total transaction cost will be $30. Depending on the state you live in, you can basically starting trading stocks at either 18 or 21. You can donate/gift your shares to virtually anyone. When you sell a stock and experience a profit, you will be charged a capital gains tax. If you buy a stock and sell it for a gain within 1 year, you will taxed up to 35% or your tax bracket but if you hold it for more than a year, you will taxed only 15% or your tax bracket."}
{"_id": "260007", "title": "", "text": "Sometimes I think it helps to think of the scenario in reverse. If you had a completely paid off car, would you take out a title loan (even at 0%) for a few months to put the cash in a low-interest savings account? For me, I think the risk of losing the car due to non-payment outweighs the tens of dollars I might earn."}
{"_id": "260014", "title": "", "text": "\"There are some people that don't have the cognitive resources to move into management (or to successfully branch out into a new career field independently).  That might sound harsh, and it is harsh, but that is a harsh reality.  During my education I was surrounded by what society would call \"\"intelligent\"\" people.  Advanced classes and so forth.  It wasn't until I entered the job market that I started really interacting on a deep level with people who would not have been the kinds of people who would have been in advanced classes in grade school.  I don't know how much experience you have with people that don't have great cognitive resources, but from what I have seen most of them are capable of having better-paying jobs, but they have a difficult time appraising opportunities.  Let me put it this way:  I've got a fat-burning pill that will help you lose the water weight; this is a debt- consolidation plan that will allow you to make your credit score higher; become a phlebotomist, the pay is great after a quick certification course; the energy market is great right now because consumers have choice - we're going to give them the best value because we are a nimble company that is locally based.  Which of the above are scams?  Without researching at all do you know which one is legit?  How do you evaluate which ones are scams?  Suppose you're working 14 hours a day.  How much time will you give to that question?  Suppose you don't have the internet at hime and only use it for confirming you got paid (and you might not even know how to do that).\""}
{"_id": "260023", "title": "", "text": "Every company has Stocks.   For the stocks to be traded via some stock exchange, the companies must follow the eligibility criteria and guidelines. Once done, these are then listed on the stock exchange and can be traded. The advantage [amongst others] of listing is liquidity and stocks can easily be bought and sold.  Some small companies or closely held companies may not want to list on stock exchange and hence are not traded. This does not mean they can't be bought and sold, they can be outside of the market, however the deals are complex and every deal has to be worked out. During the course of time a stock that is traded on a stock exchange, would either fail to meet the criteria or voluntarily choose not to be traded and follow the delisting process [either by stock exchange or by company]. After this the stocks are no longer traded on the exchange."}
{"_id": "260043", "title": "", "text": "I'd recommend you use an online tax calculator to see the effect it will have. To your comment with @littleadv, there's FMV, agreed, but there's also a rate below that. One that's a bit lower than FMV, but it's a discount for a tenant who will handle certain things on their own. I had an arm's length tenant, who was below FMV, I literally never met him. But, our agreement through a realtor, was that for any repairs, I was not required to arrange or meet repairmen. FMV is not a fixed number, but a bit of a range.  If this is your first rental, you need to be aware of the requirement to take depreciation. Simply put, you separate your cost into land and house. The house value gets depreciated by 1/27.5 (i.e. you divide the value by 27.5 and that's taken as depreciation each year. You may break even on cash flow, the rent paying the mortgage, property tax, etc, but the depreciation might still produce a loss. This isn't optional. It flows to your tax return, and is limited to $25K/yr. Further, if your adjusted gross income  is over $100K, the allowed loss is phased out over the next $50K of income. i.e. each $1000 of AGI reduces the allowed loss by $500. The losses you can't take are carried forward, until you use them to offset profit each year, or sell the property.  If you offer numbers, you'll get a more detailed answer, but this is the general overview. In general, if you are paying tax, you are doing well, running a profit even after depreciation."}
{"_id": "260045", "title": "", "text": "A complete analysis of your current situation, goals, and formulating a plan to meet those goals, including discussing your risk tolerance cannot be completed during the initial meeting. The first meeting should be him trying to convince you of his skills and services, he will also be collecting the required data from you.  You could inquire a few days before the meeting what information he needs from you. The less he asks for the less though the analysis at the initial meeting. This would also be a good time to ask about fee structure. Some planners make money on the initial plan, others make money on the execution of the plan. What fee that is expected for the initial analysis can vary greatly. You should ask, but most will consider this first meeting as the cost of doing business."}
{"_id": "260054", "title": "", "text": "You need to check how much of the total is deductible. It's something less than 100%. Your annual payment received is partially tax free as a return of principal, as with any fixed immediate annuity.  What's tough, is that rates are so low today that locking in any fixed annuity type product can be disappointing long term. In the end it's the fixed annuity you should compare to, and to that, add on the tax perks."}
{"_id": "260060", "title": "", "text": "Dave Ramsey has a list of ELPs (Endorsed Local Providers) of which I've only heard good things.  You can request an investment ELP here."}
{"_id": "260066", "title": "", "text": "&gt; Empowering consumers by giving them fewer choices?  We clearly disagree about whether this acquisition equates to fewer choices for the consumer!   In a year or two, as a suburbanite, I expect this move to allow me access to Amazon's grocery delivery service, which is currently only available in the big cities. This gives me an extra option for getting groceries alongside my pre-existing options (Kroger, Wal Mart, etc.).   Furthermore, while shopping at Kroger, I can compare their prices with Amazon's over my phone.   The other options know they will have to step up their game to succeed. It's increased competition for them, and therefore good for me."}
{"_id": "260075", "title": "", "text": "Take some of the commentary on home buying forums with a grain of salt. I too have read some of the commentary on these forums such as myFICO, Trulia, or Zillow and rarely is the right advice given or proper followup done. Typical 401k withdrawals for home purchase would not be considered a hardship. However, most employer 401k plans will allow you to take a loan for 401k as long as you provide suitable documentation: HUD-1 statement, Real Estate Contract, Good Faith Estimate, or some other form of suitable documentation as described by the plan administrator.  For instance, I just took a 401k loan to pay for closing costs and I had to provide only the real estate contract. Could I not follow through with the contract? Sure, but what if I am found out for fraud? Then the plan administrator would probably end up turning the distribution into a taxable distribution. I wouldn't go to jail in this hypothetical situation - I am only stealing from myself. But the law states that certain loan situations are not liable for tax as long as that situation still exists. In the home loan situation, my employer allows for a low interest, 10 year loan. My employer also allows for a pre-approved loan for any purpose. This would be a low interest, 5 year loan.  There is also the option to not do a loan at all. But normally that is only allowed after you have exhausted all your loan options and the government makes it intentionally harsh (30% penalty at least) to discourage people from dumping their tax free haven 401k accounts. That all being said, many plans offer no prepayment penalty. So like my employer has for us, I can pay it all back in full whenever I want or make micropayments every month. Otherwise, it comes out of my pay stub biweekly. So if it were to fall through, I could just put it all back like it never happened. Though with my plan, there is a cooling off period of 7 days before I can take another loan. Keep in mind that if you leave your employer then the full amount becomes a taxable distribution unless you pay it back within a certain period of time after leaving the employer.  Whether this fits your financial situation is up to you, but a loan is definitely preferred over a partial or full withdrawal since you are paying yourself back for your rightly earned retirement which is just as important."}
{"_id": "260078", "title": "", "text": "You asked about a signing bonus and were told the conditions that would be required to get one. It does not appear that you will qualify, but you do have another option. Ask if you can start earlier. Some times they can't change the start date. They might have a contractual issue with the customer and the customer is setting the start date. Other times they are waiting for somebody else to retire or transfer. But ask. Tell them starting earlier speeds up the training process. For you it can make the transfer of insurance benefits sooner. Keep in mind it could be a few weeks before you get your first pay check. How were you planning on bridging the gap?"}
{"_id": "260085", "title": "", "text": "\"Some technical indicators (e.g. Williams %R) indicate whether the market is overbought or oversold.   ... Every time a stock or commodity is bought, it is also sold. And vice versa. So how can anything ever be over-bought or over-sold? But I'm sure I'm missing something. What is it? You're thinking of this as a normal purchase, but that's not really how equity markets operate. First, just because there are shares of stock purchased, it doesn't mean that there was real investor buyer and seller demand for that instrument (at that point in time).  Markets have dedicated middlemen called Market Makers, who are responsible to make sure that there is always someone to buy or sell; this ensures that all instruments have sufficient liquidity.  Market Makers may decide to lower their bid on a stock based on a high number of sellers, or raise their ask for a high number of buyers. During an investor rush to buy or sell an instrument (perhaps in response to a news release), it's possible for Market Makers to accumulate a large number of shares, without end-investors being involved on both sides of the transaction.  This is one example of how instruments can be over-bought or over-sold. Since Williams %R creates over-bought and over-sold signals based on historical averages of open / close prices, perhaps it's better to think of these terms as \"\"over-valued\"\" and \"\"under-valued\"\".  Of course, there could be good reason for instruments to open or close outside their expected ranges, so Williams %R is just a tool to give you clues... not a real evaluation of the instrument's true value.\""}
{"_id": "260087", "title": "", "text": "Each company that has an account with the credit card network has to classify themselves as a particular type of business.  The credit card company uses that classification to catagorize the transaction on your statement. If you buy a T-shirt at a grocery, amusement park, gas station, or resturant; the transaction will be labeled by the vendor type.  Look at recent credit card statements, even if they are from different cards, to see how the stores you want to know about are classified."}
{"_id": "260094", "title": "", "text": "So Betas are not found on a company's financial statements. Beta is essentially a measure of the covariance of an asset and the overall market return, in relation to the variance of the market's return.  A beta of 1 is to describe an asset whose daily returns mimic the returns of the overall market. A beta of &gt;1 describes an asset whose returns are greater than the market return and a beta &lt;1 describes an asset whose returns are less than the market return.  To the extent that the asset you are comparing to the market index is a share of common stock, the beta you are looking at is levered if the company has debt or preferred stock.  The technique your professor is alluding to is the process of unlevering betas of two different companies that may have similar underlying operating assets but because of different capital structures, have different betas when using their common stock returns. This adjustment makes comparing different betas between companies agnostic of the capital structure used."}
{"_id": "260095", "title": "", "text": "\"as a used dealer in subprime sales, finance has to be higher than cash because every finance deal has a lender that takes a percentage \"\"discount\"\" on every deal financed. if you notice a dealer is hesitant to give a price before knowing if cash or finance, because every bit of a cash deal's profit will be taken by a finance company in order to finance the deal and then there's no deal. you might be approved but if you're not willing to pay more for a finance deal, the deal isn't happening if I have $5000 in a car, you want to buy it for $6000 and the finance lender wants to take $1200 as a \"\"buy-fee\"\" leaving me $4800 in the end.\""}
{"_id": "260097", "title": "", "text": "Capital only binds together to the extent that it helps each node's (person and/or group) ability to help themselves. I'm not saying that smaller groups of labor shouldn't get together for mutual aid in the same way (after all, that's what unions are, albeit in a somewhat flawed way IMO). I'm just rejecting the notion that all labor shares the commonality to unite around."}
{"_id": "260101", "title": "", "text": "I know there are a lot of papers on bubbles already, but I was always interested in how many were retail/individually driven vs institutionally driven bubbles - at least who plays a larger role.  The American pension crisis is also another interesting topic that may be fun to write about. With everyone calling doomsday on them, maybe you can shed some light on some (if any) of the bs or touch on what options they may actually have to survive.   Topics on investor behaviour is always a safe bet - potential returns lost due to home bias, investment behaviour of millennials, bla bla bla.   The dangers of the rise of passive investments (ETFs) if any &amp; if it actually generates more room to capture alpha since there may be greater inefficiencies.  Also the impact of a stock's return relative to the amount of ETFs it is a constituent of  So many things - pls advise what you end up deciding to choose and post the paper when the time comes!"}
{"_id": "260112", "title": "", "text": "Comcast it should be noted is following the law.  Government has given them near monopoly status and government failed to support net neutrality.  We should be going after comcast, yes, but also government and its cronyism and interventionism which made this possible."}
{"_id": "260125", "title": "", "text": "\"I am not sure if you were disagreeing with me, but I agree with you.  However, what is better for the economy is a slightly different issue.  Welfare is part of a 1-2 anti-poverty combo punch.  The problem there is no 2, i.e., decent paying jobs.  This falls on the \"\"Leaders\"\" in the private sector who don't seem to be stepping up.  You can't examine welfare without first examining wages, income/wealth disparity, and the plight of the US worker.  You also can't use any warped conclusions from that first examination to justify eliminating welfare.    \"\"Anti-poverty spending is up!\"\"  Yeah, makes sense since employment participation is WAY down.  Kind of makes the case FOR welfare not against.  Less welfare! And more what?  Starving?  It is an insane argument to have in an advanced nation.\""}
{"_id": "260129", "title": "", "text": "Email list brokers are valuable tools to make use of, specially if you are a small business owner or marketing consultant. A list broker is an expert who acts as an agent for individuals or enterprise that want to need direct marketing as a way to attain prospective customers."}
{"_id": "260146", "title": "", "text": "\"I've lived this decision, and from my \"\"anecdata\"\": do #3 I have been car-free since 2011 in a large United States city.  I was one month into a new job on a rail line out in the suburbs, and facing a $3000 bill to pass state inspection (the brakes plus the emissions system).  I live downtown.  I use a combination of transit, a carshare service, and 1-2 day rentals from full service car rental businesses (who have desks at several downtown hotels walking distance from my house).  I have not had a car insurance policy since 2011; the carshare includes this and I pay $15 per day for SLI from full service rentals.   I routinely ask insurance salesmen to run a quote for a \"\"named non-owner\"\" policy, and would pull the trigger if the premium cost was $300/6 months, to replace the $15/day SLI.  It's always quoted higher.   In general, our trips have a marginal cost of $40-100.  Sure, this can be somewhat discouraging.  But we do it for shopping at a warehouse club, visiting parents and friends in the suburbs.  Not every weekend, but pretty close.   But with use of the various services ~1/weekend, it's come out to $2600 per year.  I was in at least $3200 per year operating the car and often more, so there is room for unexpected trips or the occasional taxi ride in cash flow, not to mention the capital cost: I ground the blue book value of the car from $19000 down to $3600 in 11 years.   Summary:  Pull the trigger, do it :D\""}
{"_id": "260148", "title": "", "text": "Ah, yah, even if you worked in the US if it was your own time and you aren't charging the org you work for you would probably be good.  And no, it's not unethical as long as you aren't using your position for profit.  IDK the laws of your region, obviously, but in most cases in the US I think you'd be fine.   edit: I missed where you said you hired a lawyer. That definitely would have been my advice. If you're cleared by a lawyer, you're definitely good and should enjoy the fruits of your labor worry-free!"}
{"_id": "260153", "title": "", "text": "\"You can choose to place successively lower buy limit orders, but whether they get filled or not is not a given; it depends on whether sellers care to accept your bid. In your example of a 49.98 / 50.01 spread, if you place a buy with limit of 49.99, it won't get filled (if the order reaches the market while still at 49.98 / 50.01) immediately, but will be added to the order book.  By being added to the order book, the markets bid and ask become 49.99 / 50.01.  Your order won't get filled until some seller places a market order or a sell limit order of 49.99 or less.  No guarantee that that will happen, and even if it does, there's nothing to say that your follow-up buy at 49.98 will ever be filled.  In fact, your 49.98 buy order queues up at the \"\"end of the line\"\" behind all previously pending 49.98 bids, since your order arrived after those other bids.  Since the initial conditions you supposed had a 49.98 bid, such an order exists (or at least did exist; it might have been cancelled in the intervening moment. Basically, your first buy at 49.99, if it happens, has essentially no influence on whether your second buy at 49.98 will happen.  You can't expect to move the market lower by making a bid that is higher (49.99) than the existing best bid (49.98).  Whatever influence your 49.99 order has is to raise the market's price, not lower it.\""}
{"_id": "260159", "title": "", "text": "\"I know, this isn't a direct answer to your question about unloading a used car-- I've always donated it to charity and written off the price it got at auction on my taxes -- but I think the following might be useful to anyone facing a big repair bill: You know your car's condition. (If in doubt, pay your mechanic to evaluate it \"\"as if he was considering buying it for his daughter\"\".) If you were shopping for a used car, and you found one exactly like yours, in exactly the same condition, treated exactly as well as you treat yours (and with all the records to prove that), but with the repairs already done... how much would you be willing to pay for it? If that number is more than the repair cost, repairing is a good deal.  If it's less than the repair cost, is it enough less to justify the hassle of car shopping? If so, unload it and use the repair money to buy something better. If it's in the middle... flip a coin, or pick whichever makes you feel better.\""}
{"_id": "260162", "title": "", "text": "You can also create a CD ladder (say 1/3 in a 6 month CD, 1/3 in a 1 year CD, 1/3 in a 2 year CD) with half of your emergency fund money.  You always want to leave some of it in a liquid account so you can get at it immediately without any interest penalty.  CD's provide higher interest than a savings account.  By staggering the lengths of the CD's, you give yourself more options, and can roll them over into CD's with higher rates (since interest rates are soooo low right now) as the CD's mature."}
{"_id": "260198", "title": "", "text": "I think the biggest issue here is why are employees still dependent on their jobs to order to receive health care? Why should businesses be responsible for providing this?   What needs to happen in order for us to free businesses from this burdensome requirement? Single payer? Insurance sales across state lines? The number one problem here is cost of medical plans, how can that be lowered?"}
{"_id": "260214", "title": "", "text": "\"There really is no reason for this article. \"\"Yay, a female led movie got over 100 mil.\"\" Can't we just say say, \"\"kick ass movie, did kick ass numbers.\"\"  MSM once again pushing gender bias. Wonder Woman has always been a good story. The new ghostbusters sucked ass because it was horrible.\""}
{"_id": "260251", "title": "", "text": "No, people are. Anyone who says otherwise has an ulterior motive, a reason to demonize something. People have the choice to fix things. Options exist within the current system to fix things. Whether people take them or not, it is not the system's fault. We cannot blame anyone else for this. We will have to accept it as our fault and fix it."}
{"_id": "260255", "title": "", "text": "\"While I agree with the overarching narrative regarding the car industry, self driving cars, and how people will use transportation in the future, I deeply disagree with his timeframe and reject that his clearly large city centric thinking will effect all parts of the country and all parts of the world.   There is no way this happens as quickly as he says it will for the following reasons:   On his claim that electric cars will be all anyone will buy: 1. We lack the road or electrical grid infrastructure to support tens of millions of electric vehicles throughout the US, this will take far more than just 5-10 years, especially in the more rural parts of the country.  2. We lack the production capacity to create the batteries for 17 million of yearly sales of automobiles for the few years between 2021-2025 when everyone is presumably just buying only electric self driving cars.  3. The used market for combustion engine cars will \"\"tank\"\" so strongly that it will actually create demand for people to buy combustion cars, as the costs will now outweigh the savings of buying a new car with lower running costs, thus pushing his timeline out into the future by several years.  4. Cars, even electric cars, are much more complicated, durable, expensive, and prone to damage and accidents than most software and disposable consumer electronics he cites in his examples. Of course Nokia went from 50% of the market to 5% over one product cycle! People completely replaced their phones every 2-3 years back then! Wireless carriers built a system where even if your phone worked, you had little to no reason not to lock in another contract and get the next best phone. Of course people would dump their Nokia bricks for an iPhone, it was the next best thing. Cars have a much longer life cycle, and inefficient older models will be around for decades in some cases because they will be a sunk cost for those who bought them.   On his claim that no one will own a car anymore and everyone will ride share:  1. How does one decide to take a road trip somewhere? What about people who travel for a living or as an integral part of doing their job?  2. I personally think a ride sharing transportation network represents a limiting of freedom. (Though I can see why people might make the opposite point) People identify with owning their own cars, keeping their own belongings in them, having them for use whenever they so need or desire. People who don't live in dense urban cores (I.e, a huge group of Americans, and especially a huge group of Americans who are older, have money, and are set in their ways.) aren't going to see this as nearly as attractive as someone who lives in New York or San Fransisco might, and those people hardly buy cars anyway.  3. People are fucking stubborn. It's going to take a lot for people to decide to change up such an integral part of their daily lives. This will not happen over a 3-4 year cycle.  4. Where is the infrastructure to park, charge, and perform maintenance on all these autonomous vehicles? We will need more cars available during rush hour than at 3pm or 3am for that matter. Where do the cars go then?  5. This simply won't work quickly in countries outside the very top of the first world. They won't have the infrastructure or capital to invest to bring it up to speed fast enough to derail oil demand as quickly as he claims.  5. This theory implies a central government that is in complete control to implement rules in support of autonomous cars. I believe most of this will be done at the state and municipality level at first, with some cities hopping on board and others banning the practice.  6. This theory also implies that the technology will be flawless. The first completely computer aided pedestrian disaster or multi car pile up will undoubtedly cause massive backlash (regardless of the statistics showing general reduction in accidents) and might clog this entire concept up in bureaucracy for decades as the government forces stricter and stricter safety and quality requirements on the software.   I'm not saying his view isn't the long run eventually for mobility in the US and the world in general, but applying personal electronic technology cycle rules to large scale durable goods that work in real space instead of cyber space, represents a whole different set of challenges and could easily take 25-50 years to really pull off. Over that time, oil markets will right size themselves, and the automotive manufacturers will consolidate and cater their product lineups to meet demand/service the fleet.   TL:DR - this will take much longer to accomplish than he surmises. Infrastructure takes time to build, cars are a different technology than consumer electronics, people are stubborn.\""}
{"_id": "260264", "title": "", "text": "To my knowledge, the only bond ever issued by a notable state into perpetuity was the Bank of England...and it was a miserable mess for all the obvious reasons.  Edit : They were called consuls, and it appears i was wrong about them being catastriphic for the BOE. I'm sorry, i guess i must be cruising the permabear backwoods or something. Here's some interesting links i found.  http://en.wikipedia.org/wiki/Consols  http://www.immediateannuities.com/annuitymuseum/annuitycertificatesofthebankofengland/consolidatedannuities/  http://www.economist.com/blogs/buttonwood/2012/03/debt-crisis-0?fsrc=scn/fb/wl/bl/hundredyearsofsolvency"}
{"_id": "260266", "title": "", "text": "It's not that long ago that I was in this situation. Here's what I recommend:"}
{"_id": "260272", "title": "", "text": "\"If the difference in performance is worth it, consider \"\"borrowing\"\" from your 401k to put into the Roth.  You pay it back, but you can stretch it out over time, and the interest charged is actually yours, because you borrowed from yourself. But you can only borrow half of the account and you have to pay it back before you can do another loan.\""}
{"_id": "260274", "title": "", "text": "For the financial year 1 April 2015 to 31 March 2016, as you will be spending more than 182 days you would be deemed Non-Resident Indian for tax purposes. Hence the income you earn outside India would be tax free in India. You can transfer funds into India or keep it in China, this does not change the tax situation.  Ensure that you have converted your Savings accounts in India as NRO and opened an NRE account."}
{"_id": "260292", "title": "", "text": "\"I just came across an article from the CBC on this subject: Here's one tip from the article, which echoes what others have said: \"\"The agency [Better Business Bureau in B.C.] suggests getting two or three appraisals from a jeweller or   jewelry store before deciding to sell.\"\" See the full article for the rest of the tips.\""}
{"_id": "260305", "title": "", "text": "An ETF consists of two componenets : stocks and weightage of each stock.  Assuming the ETF tracks the average of the 5 stock prices you bought and equal weightage was given to each stock  , an increase in 20% in any one of the five stocks will cause the price of the ETF to increase by 4% also  This does not take into consideration tracking error && tracking difference , fund expense ratio which may affect the returns of the ETF also"}
{"_id": "260314", "title": "", "text": "Come to think about it, Iran seems most cooperative and seems to be a great supporter of De Nuclearization,  yet also wants to destroy Israel and has aspirations of being a Regional Power.  I think they don't have the tech to build a bomb or they would have by now and because they can't, they accepted this deal and don't want it scuttled.  I think they simply don't have the capability to build a Nuclear bomb and put it on a missile."}
{"_id": "260328", "title": "", "text": "If you want to take to task the [$3.7 trillion](https://www.google.com/search?sugexp=chrome,mod=4&amp;sourceid=chrome&amp;ie=UTF-8&amp;q=value+of+muni+bond+market#hl=en&amp;safe=off&amp;sclient=psy-ab&amp;q=%243.7+trillion+bonds&amp;oq=%243.7+trillion+bonds&amp;aq=f&amp;aqi=&amp;aql=&amp;gs_l=serp.3...2959.7140.0.7714.19.19.0.0.0.0.172.2410.1j18.19.0...0.0.TAsEgkE4bAg&amp;pbx=1&amp;bav=on.2,or.r_gc.r_pw.r_cp.r_qf.,cf.osb&amp;fp=fea88144d3bdc45d&amp;biw=1283&amp;bih=739) bond market number enjoy your long list of sources using it. I guess they're all in the business of exaggeration huh?       [Municipal Securities Rulemaking Board](http://www.msrb.org/Municipal-Bond-Market.aspx)   &gt;The approximately $3.7 trillion municipal bond market brings together bond issuers and investors to finance public infrastructure projects.     So now tell me, was he making up a number to exaggerate his story or was he just using the same number the fucking MSRB uses as his source?      Why don't YOU start providing some proof as to why the number is wrong.  That's typically what someone challenging data is supposed to do.        EDIT:     [Fed Agrees With Citi On $3.7 Trillion Estimate](http://www.bloomberg.com/news/2011-12-08/u-s-municipal-bond-market-28-larger-than-estimated-federal-reserve-says.html)"}
{"_id": "260338", "title": "", "text": "\"&gt;Problem is that those \"\"other guys\"\" ARE sourcing mediocre warez from China at a much lower cost.  Woah. Just realised that \"\"warez\"\" is pronounced \"\"wares\"\". I've been pronouncing it \"\"where-ez\"\" in my head for about 12 years now.\""}
{"_id": "260340", "title": "", "text": "\"To save someone from reading this blogspam, the answers are...  1.  Become technical and code it yourself.  2.  Use an off-the-shelf program that lets you plug in basic functionality.  3.  Hire someone at the right scale to support your needs.  4. Buy someone else's finished solution.  However, the question is wrong.  The real question should be, \"\"if you don't have or employ someone with the experience to buy/make, support, and market your app, should you spend limited capital on an app that will likely go unused?\"\" - that answer is most likely no.\""}
{"_id": "260351", "title": "", "text": "I will stretch out as far as I can and happily say that Justin Bieber is a singer/songwriter but one thing I will not call him is a 'Venture Capitalist'! He has an extremely smart business manager that feeds Bieber ideas. He acts on impulse because he likes something, and maybe that works out in a few cases but to be recognised as a Venture Capitalist, I think you have to have a real passion for business and investments, something I don't see in Bieber."}
{"_id": "260360", "title": "", "text": "\"&gt;Large multinationals are necessarily divided into semi-autonomous operating units. This was a local ad for a small market. \"\"Burger King\"\" as some monolithic corporate person likely knew next to nothing about this campaign until after it was published.  Not a great excuse. I've worked in a local unit of a larger corporation. Although it was a different field entirely, I know something about how autonomy works - or ought to. You should know enough to know *when* you need to contact other people higher up the chain for an OK or clarification, and running a sexual campaign for a family restaurant it clearly one of those times. You're potentially toying with the image of the entire brand, and if you don't know to get an OK for that, you do not deserve your job.  &gt;You can get in an argument about whether innuendo is representation, i.e., whether all this ad represents is someone about to eat a sandwich.  That's why I said she had a case, and not \"\"They would clearly be found in the wrong if she brought a case forward.\"\" (Although I think the vast majority of people would agree there is significant sexual innuendo here.)\""}
{"_id": "260363", "title": "", "text": "\"You ask a few different, though not unrelated, questions. Everywhere you turn today, you hear   people talk about how much they need   to save or how important it is to find   a good deal on things \"\"in this   economy\"\". They use phrases like \"\"now   more than ever\"\" and \"\"in these   uncertain times\"\". It seems to be a lot   of doom and gloom. Some of this is marketing spiel.  You may notice that when the economy goes south the number of ads for the cheaper alternatives goes north.  (e.g. hair clippers, discount grocery stores, discount just about anything)  Truth is, we should always be looking for ways to save money on goods and services we purchase.  The question is, what is acceptable to you for your desired lifestyle.  (And, is that desired lifestyle reasonable for your income, age and personal situation.)  Generally speaking, the harder times are the more we find discounted/cheaper alternatives acceptable.   Is there really a good reason that   people should be saving more than   spending right now? How much you are putting away is a personal matter.  I can still remember my dad griping whenever he couldn't save half of his paycheck.  That said, putting away half your paycheck may lead to a rather austere lifestyle.  This, of course, depends on the size of your paycheck and your desired lifestyle.  You could be raking it, living simply and potentially put away more than half your income with relative ease. If you have a stable job, and a decent cash reserve, is it anymore \"\"dangerous\"\" to make a large purchase now than it was seven years ago? Who knows?  Honestly, no one.  Predicting the future is a fool's errand.  (If you are interested in reading more on this view point, I suggest The Black Swan.) You mention the correct approach in this question.  Ensure that you have liquid assets (cash or cash equivalents, i.e. money that you can draw on immediately and isn't credit) which covers at least 3-6 months of your necessary expenses (rent/mortgage, bills, car payments, food).  (There is no reason that you couldn't try to increase this to 1 year, especially \"\"in this economy.\"\") You should also strive to have money available for emergencies that don't necessarily include loss of income.  Of course, make sure you're putting away for retirement, as appropriate for your retirement goals.  After that should come discretionary items, including investing, entertainment, the large purchase you mentioned, etc.   You should never use money that you may need immediately (5-10 years) for investing.  This doesn't necessarily include the large purchase you are contemplating.  For example, if you are considering purchasing a home, the down-payment may be one of the items for which you need money in the \"\"immediate\"\" future. Is it really only because of unemployment numbers? This is probably the big one that is the focus of everyone's attention.  That said, the human attention span is limited.  We have a natural need to simplify things.  This is one of the reasons that we tend to focus on a few, hopefully important, things.  However, the unemployment numbers are not that the only thing of concern.  Credit is still pretty hard to come by these days.  The overall economy is still hurting, even if we are technically no longer in a recession.  There are also concerns about U.S. government borrowing, consumer spending, recent trucking numbers, etc.  (It may not be obvious, but trucking is used as a barometer of economic activity.  If there aren't as many trucks carting goods across the country, it probably means that there is less economic activity.)  The headline number these days is unemployment, as most census workers have now been returned to the pool. To answer the overall question, we should always be saving money, in good times or in bad.  Be that by squeezing more value out of our purchases or by putting some money away.  We should always try to reduce our risks, by having an emergency \"\"cash\"\" cushion.  We should always be saving for retirement.  Truth be told, it is probably more important to put money away in good times, before the hardships hit.\""}
{"_id": "260383", "title": "", "text": "\"The main disadvantage is that interest rates are higher for the interest-only loan. It's higher risk to the bank, since the principal outstanding is higher for longer.  According to the New York Times, \"\"Interest rates are usually an eighth- to a half-percentage point higher than on fully amortized jumbo loans.\"\" They're also tougher to qualify for, and fewer lenders offer them, again due to the risk to the bank. Since you can always put extra towards the principal, strictly speaking, these are the only  downsides. The upside, of course, is that you can make a lower payment each month. The question is what are you doing with this? If this is the only way you can afford the payments, there's a good chance the house is too expensive for you. You're not building equity in the home, and you have the risk of being underwater if the house price goes down. If you're using the money for other things, or you have variable income, it might be a different story. For the former, reinvesting in a business you own might be a reason, if you're cognizant of the risks. For the latter, salespeople on commission, or financial industry types who get most of their income in bonuses, can benefit from the flexibility.\""}
{"_id": "260384", "title": "", "text": "\"Yes, you can insure against the fall in price of stock by purchasing a put option.  You pay for a put and if the price of the share falls below the \"\"strike price\"\" of the put, then you can exercise the put.  On exercise, the person who sold you the put contract agrees to buy the stock for the strike price, even though that strike price is higher than the market price.  You can adjust the level of insurance by buying put options at higher or lower prices, or buying fewer put options than shares you own (leaving some shares uninsured). Alternatively, you can minimize your risk exposure by investing in an index or other fund, which gives you partial ownership in a large number of shares.  That means on any given day, lots of shares do worse and lots of shares do better.  You can reduce the need for insurance by purchasing a lower-risk, lower-growth financial product.\""}
{"_id": "260385", "title": "", "text": "We don't make enough to really consider it a salary, but I've heard   using a draw without a salary is a bad idea. As any other illegal action, not paying yourself a  reasonable salary when being a corporate officer is indeed a bad idea. I have no idea what I need to do to actually get some money in our   pockets. The answer is simple. You need to earn more money. Since it is S-Corp, it doesn't matter if you keep the profits on the corporate account or distribute - the profits will be taxed to you. You are also, as I said above, required by law to pay yourself a reasonable salary. Reasonable meaning corresponding to market rates. Paying a CPA or a Software Engineer a minimum wage will not be reasonable. That is, of course, if you're profitable, you're not required to pay yourself more money than the corporation actually has. Just to be clear, my answer refers to the question asked, and the confusing answer above that made a claim that has no substantiation in the law. I do not intend to write a thesis about pros and cons of using S-Corp every time a question about reasonable salary is asked."}
{"_id": "260391", "title": "", "text": "I don't see the problem with what they proposed. Visa, Mastercard, American Express etc don't run charities, they charge for their services. And you better believe that cost gets passed down to the consumer one way ir another.  Verizon wanted to itemize this charge directly on your bill. Big whoop. I'd prefer a little bit of transparency in where, exactly, my money goes when I pay a bill."}
{"_id": "260406", "title": "", "text": "False.  Just to pick out one example, what used to be considered wheat has been replaced with Triticum Aesvestium, a bizarre hybrid dwarf with and extra chromosome and strangely high gluten content.  The content of food down to the chemical composition has been altered to favor the agricultural industry, and the results are not all healthy to consume."}
{"_id": "260410", "title": "", "text": "You could think of points 1 and 3 combined to be similar to buying shares and selling calls on a part of those shares. $50k is the net of the shares and calls sale (ie without point 3, the investor would pay more for the same stake). Look up convertible debt, and why it's used. It's basically used so that both parties get 'the best of both world's' from equity and debt financing.   Who is he selling his share to in point 2 back to the business or to outside investors?"}
{"_id": "260411", "title": "", "text": "Whirlpool Washing Machine Service Center in Hyderabad. We have the Best service center in Hyderabad washing machine is an essential part of our daily life. So If you are facing any problem with your washing machine you Can Call Us:040-60506610, 60506611, and 60506622.We are providing fabulous service to you.Our technicians will reach you on time, and They will give good service to our customers. We have best materials for our service."}
{"_id": "260428", "title": "", "text": "Do you want surveillance done for your property or office? Hire the experienced private investigators in Los Angeles to get a flawless service. Your case may be of infidelity, insurance fraud, undercover, surveillance, or any other unique situation, but the solution we provide is always for your peace of mind."}
{"_id": "260458", "title": "", "text": "Regardless of what you think of lawyers... If for some reason you consider them all Satan incarnate soley due to the fact you think they all fall into the ambulance chaser, sleezy trial lawyer, or opportunistic publicity whore groupings...   (This of course ignores the scores who entered the field for the same reasons teachers and social workers do, to make the world a better place and shit. The ACLU, public defenders, those who run private practices who routinely give price breaks or simply pro bono help to those who need it- remember how many showed up at airports around the country when the Muslim ban was signed???)  Anyway, take the most negitive view of lawyers possible, that's fine for this question...   How are they *possibly* worse that monolitic multinational financial institutions that have used their power and size to lobby for and pass anti consumer legislation for years. Who, well Wells Fargo last year, BOA laundering billions for the Sinola Cartel, LIBOR manipulation, the 2008 collapse... the list is endless, just depends how deep you want to go...  I'll take all the sleezebag lawyers in the world over a cabal of institutions who are actively making life more difficult for untold millions in the unerring, devoid of morality, quest to generate fucking shareholder value."}
{"_id": "260499", "title": "", "text": "I don't know, ask the various companies I'm forced to do business with why in the hell they want me to stop by their office so I can drop a check off vs just using some means of digital payment.  I would fucking LOVE to ditch paper checks."}
{"_id": "260518", "title": "", "text": "so you have any LEGAL experience to back that up?  Yeah I do get there are exceptions to the rule, like minister, however the christian plumber.. i think you are full of it.  There is no need, or relgious basis you can use on why you had to hire only religious plumbers. WIth a priest it is obvious.  OF COURSE You can discriminate when the person you are hiring cant do the job. An atheist minister couldnt do the job. An athiest plumber can. A Guy with no arms cant toss pizza dough. You can not hire him and say it is due to his handicap. I need someone to throw pizza dough. You have to prove they cant do the job you need them for in order to LEGALLY discriminate."}
{"_id": "260519", "title": "", "text": "Is all data in the company equally sensitive? Does everyone in the company have equal access to this type of sensitive information that would cost a company 'billions of dollars in fines' or is your argument that any work product of any employee in the company could result in such fines? Can you provide an example of any company ever paying a fine of such magnitude? If not what is the basis for your estimation of that number?  Ok I'll take the stealth edit to mean you pulled it out of your ass which I already knew."}
{"_id": "260535", "title": "", "text": "Regardless. It\u2019s a guaranteed 5.x%. Reducing student loans also allows you other benefits; i.e. reduces your credit risk allowing you to pull out more credit at a cheaper rate in the future etc. Unless you strongly believe in current bull market continuing.. (there is a high overvaluation from market principles atm and it has been the longest rise in history), you should go for the guaranteed change. Additionally, if your loan is pegged to variable interest rates such as the fed funds rate, be cognizant that the fed will probably continue rising rates for the near future of good times continue, meaning your rates will go up while markets go down. Long story short, would recommend paying down debt unless you\u2019re quite confident in your skills.  Edit: quick note that if you can do both, this is the best option."}
{"_id": "260569", "title": "", "text": "In this case, it looks like the interest is simply the nominal daily interest rate times number of days in the period. From that you can use a spreadsheet to calculate the total payment by trial and error. With the different number of days in each period, any formula would be very complicated. In the more usual case where the interest charge for each period is the same, the formula is: m=P*r^n*(r-1)/(r^n-1) where * is multiplication ^ is exponentiation / is division (Sorry, don't know if there's a way to show formulas cleanly on here) P=original principle r=growth factor per payment period, i.e. interest rate + 100% divided by 100, e.g. 1% -> 1.01 n=number of payments Note the growth factor above is per period, so if you have monthly payments, it's the rate per month. The last payment may be different because of rounding errors, unequal number of days per period, or other technicalities. Using that formula here won't give the right answer because of the unequal periods, but it should be close. Let's see: r=0.7% times an average of 28.8 days per period gives 20.16% + 1 = 1.2016. n=5 P=500 m=500*1.2016^5*(1.2016-1)/(1.2016^5-1) =167.78 Further off than I expected, but ballpark."}
{"_id": "260575", "title": "", "text": "yes and it does make the review less likely to be genuine.  yelp is a community.  people make accounts all the time and post one review for marketing or trashing purposes.  i find yelp quite useful, but obviously you need to take the reviews with a grain of salt.  sorry they rustled your jimmies."}
{"_id": "260580", "title": "", "text": "\"Definitely this. The fact that it's termed \"\"identity theft\"\" is a great PR spin for banks. Someone else is attempting transactions while fraudulently claiming to be you. You did not lose your identity or even a piece of it. You are still fully you.  You are not even involved in the fraudulent transaction! It's a transaction between the bank and the fraudster, and the bank has agreed to some action you did not authorize. They should be responsible for cleanup.\""}
{"_id": "260593", "title": "", "text": "The bank loaned you money. They have lien on the property. They have filed paperwork with the local government regarding that lien. If you want to change that paperwork you need them to cooperate. They need to make sure that their interest in the property isn't jeopardized by your actions. Their investors demand that their money be protected. They charge $100 for that service. The quit claim deed tells the world that you are giving up ownership in the property. Are you sure you want to leave the interpretation of your actions and intent to a corporation and the legal system. With only seven years left on the mortgage you most likely have significant equity in the home, even if the value of the property hasn't gone up. Don't you wish to protect that equity by spending $100?"}
{"_id": "260603", "title": "", "text": "\"The \"\"independent contractor\"\" vs. \"\"employee\"\" distinction is a red herring to this discussion and not at all important just because someone suggested you use your LLC to do the job. Corp-2-Corp is a very common way to do contracting and having an LLC with business bank accounts provides you with more tax deductions (such as deducting interest on credit lines). Some accounting practices prefer to pay entities by their Tax ID numbers, instead of an individual's social security number. The actual reasoning behind this would be dubious, but the LLC only benefits you and gives you more advantages by having one than not. For example, it is easier for you to hire subcontractors through your LLC to assist with your job, due to the opaqueness of the private entity. Similarly, your LLC can sign Non Disclosure and Intellectual Property agreements, automatically extending the trade secrets to all of its members, as opposed to just you as an individual. By signing whatever agreement with the company that is paying you through your LLC, your LLC will be privy to all of this. Next, assuming you did have subcontractors or other liability inducing assets, the LLC limits the liability you personally have to deal with in a court system, to an extent. But even if you didn't, the facelessness of an LLC can deter potential creditors, for example, your client may just assume you are a cog in a wheel - a random employee of the LLC - as opposed to the sole owner. Having a business account for the LLC keeps all of your expenses in one account statement, making your tax deductions easier. If you had a business credit line, the interest is tax deductible (compared to just having a personal credit card for business purposes). Regarding the time/costs of setting up and managing an LLC, this does vary by jurisdiction. It can negligible, or it can be complex. You also only have to do it once. Hire an attorney to give you a head start on that, if you feel that is necessary. Now back to the \"\"independent contractor\"\" vs. \"\"employee\"\" distinction: It is true that the client will not be paying your social security, but they expect you to charge more hourly than an equivalent actual employee would, solely because you don't get health insurance from them or paid leave or retirement plans or any other perk, and you will receive the entire paycheck without any withheld by the employer. You also get more tax deductions to utilize, although you will now have self employment tax (assuming you are a US citizen), this becomes less and less important the higher over $105,000 you make, as it stops being counted (slightly more complicated than that, but self employment tax is it's own discussion).\""}
{"_id": "260611", "title": "", "text": "I don't think BB sells $300 suits. I think they're going to be more like +$800, but it has been awhile since I've looked.   As far as shoes, yeah, I meant Allen Edmonds for AE. They're like the entry level for nice shoes. They're not cheap tho. The benefit to them is that they look a little nicer, and should last much longer if you take care of them. AE sells their factory seconds at:   https://shoebank.com/  Ive gotten two pair from there and haven't been able to find the defect. As far as which black shoe, that's up to you. You cannot go wrong with their park ave's, but they might be a bit formal. I have the Mora's, but I wouldn't recommend monk straps for your first pair.  Maybe consider a dark brown shoe. It will look a little more natural with the Navy suit, and is arguably a bit more versatile. The stand is always a good option."}
{"_id": "260616", "title": "", "text": "buy an option, they cost less and let you buy shares in the future at the price you see now. only if you plan to buy more than 100 shares of the stock at that future date though. better learn how to use options strategically first, which I won't go into. but this is indeed their purpose."}
{"_id": "260617", "title": "", "text": "Kulfi is a frozen, milk-based dessert, an exotic cousin to ice-cream. Different versions of ice-cream are available but the emphasis is on what is the personal favourite \u2013 the ever forgotten, Kulfi. Though it is the dessert for elders, even the kids love it."}
{"_id": "260620", "title": "", "text": "American food label guidelines are all kinds of fucked up. The only thing I buy packaged these single ingredient staples.  Even that requires a significant amount of research or knowledge since imports can have all sorts of illegal pesticides in them."}
{"_id": "260623", "title": "", "text": "It looks like from their response, they would like you to send a copy of your social security card. Your drivers license or passport will not help verify your social security number. Another option you could try is to get your credit report from one of the other credit bureaus. You should be able to choose from Experian, Trans Union, and Equifax all on annualcreditreport.gov"}
{"_id": "260631", "title": "", "text": "\"I was able to attend an open discussion on Illinois pensions a few years back.  Dick Ingram, head of the Illinois Teacher's Retirement System spoke, as did a public employee union leader, Governor Quin's budget director and Christine Radogno who is a state lawmaker.  It was eye opening on many levels.  Some of the points that stick with me are:      * The state has never, over 30 years, followed standard practice and used an actuary to determine how much to put into the pension funds each year.  The legislators just pulled numbers out of the air each year.  As a result the pensions have never been properly funded.   The benefits are rich but, according to the people on this panel the main issue is this under funding.     * Some years the state declared a pension holiday and put nothing into the pension funds at all.  When this was brought up the largely union crowd started to turn on Radogno but she held up her hand, said she had voted against that and then commented that the unions all signed off on the pension holidays.  As one the crowd's heads turned to the union rep on the board.  He turned red and stared at the floor.     * 2/3 of the teacher's pension hole is for people already retired.  Changing benefits for current teachers will not help enough.     I asked Mr Ingram how much additional tax he would need to plug the hole in the system he manages.  He answered \"\"double\"\".  I asked for how long.  He said \"\"It doesn't work like that.  I'd need double the current amount forever.\"\"  I came away much better informed but deeply saddened.  Like 69% of the people polled, I want these teachers and public employee to get their money.  I just don't see how it can happen.\""}
{"_id": "260638", "title": "", "text": "That's the gas station 7/11 and the like. But not the bodegas and other inner-city grocery stores that charge 3x the normal price for (often crappy) bread and eggs because there aren't many competitors when you live out on Avenue Q in Brooklyn, or in Northern, KY but don't have a car."}
{"_id": "260640", "title": "", "text": "Not sure about the book the previous poster recommended.  The five questions in the article seem good, a bit shallow maybe, although it is just an article.    I sold for about five years with modest success before moving into marketing.  Many of my peers saw Solution Selling by Michael Bosworth at the best foundation for consultative selling.   I personally also like Helping Clients Succeed by Mahan Khalsa.  According to Khalsa, it starts with wanting to help people solve problems and working with the client as a partner, rather than selling to them.  No one likes to be sold, but everyone loves to buy.  (Sorry for lack of links, on my phone right now.)  I'd be interested to hear what books or resources other salespeople find useful."}
{"_id": "260651", "title": "", "text": "I am not a tax accountant and the caveats about taking tax advice from random people on the internet stand. I have, however, had partial payment as in specie benefit in the past so have a good idea of how this is taxed. The chickens are taxed as in specie benefits (supposing you classify the chickens as beneficial) at the same rate as any other payment. That the chickens died soon after has no effect unless it was for a reason that meant that their value was lower at the time that you received them than was accounted for for tax reasons. If their value at that time was less than reported you can write down the value and receive a tax rebate for the amount of tax on that write down."}
{"_id": "260653", "title": "", "text": "&gt; It's musical chairs where anyone with the right idea and ambition can build their own chair and take a seat!  Do you seriously think that people with only a basic skill set has what it takes to be an entrepreneur or would you agree that, for the most part, farm workers, ditch diggers, security guards, and dishwashers have to deal with the job market as it is?  &gt; The pie is NOT fixed.  It pretty much is fixed.  If I build a better mouse trap and thousands of people flock to my storefront to buy it, do my sales cause the pie to grow or is it offset from all the business lost from the other mouse trap makers?"}
{"_id": "260676", "title": "", "text": "\"What exactly is \"\"Call Protection\"\"? Is \"\"NO\"\" normal for a CD?   A \"\"callable\"\" cd (or one without protection can be revoked before maturity by the issuer. For example, if interest rates drop they might recall the CD since they can borrow money at a lower rate. A callable CD should offer a better return in exchange for this. Is \"\"first coupon date\"\" the first time it actually pays interest?   Yes. Given that the first coupon date is in 6 months, and it's semiannual, is it fair to assume that this pays every six months?   Yes Given that the maturity date is 9/29/2025, this is really a 15-year CD, right?   It depends. CDs can be resold on the market. So it is AT LEAST a 15 year CD. It could also be a 20 year CD originally issued in 2005. What does \"\"Price (Ask)\"\" mean? It says 100 - does that mean you buy in chunks of $100?   Yes. More accurately, they are $100 per CD.  What is \"\"Yield to Worst (Ask)\"\"? Is this the worst yield that this CD will return?   The lowest potential yield that can be received on a bond without the issuer actually defaulting. 3.25% is the best yield I've seen from something as stable as a CD. Would it be silly, though, to lock money up in an investment like this for 15 years?     There is no way to really say without a crystal ball. If you aren't willing to accept more risk and think that interest rates will remain at these historic lows for a long while, then it is probably a good deal. If you think interest rates are due to go up substantially, then it is probably smarter to ladder your investments in shorter term CDs. In investment circles this is known as \"\"Interest Rate Risk\"\"\""}
{"_id": "260677", "title": "", "text": "Hopefully this $1000 is just a start, and not the last investment you will ever make. Assuming that, there are a couple of big questions to consider: One: What are you saving for? Are you thinking that this is for retirement 40 or 50 years from now, or something much sooner, like buying a car or a house? You didn't say where you live. In the U.S., if you put money into an IRA or a 401k or some other account that the government classes as a retirement account, you don't pay taxes on the profits from the investment, only on the original principal. If you leave the money invested for a long period of time, the profits can be many times the original investment, so this makes a huge difference.  Like suppose that you pay 15% of your income in state and local taxes.  And suppose you invest your $1000 in something that gives a 7% annual return and leave it there for 40 years. (Of course I'm just making up numbers for an example, but I think these are in a plausible range. And I'm ignoring the difference between regular income tax and capital gains tax, etc etc. It doesn't change the point.) If you put the money in a classic IRA, you pay 0% taxes the year you open the account, so you have your full $1000, figure that compound interest for 40 years, you'll end up with -- crunch crunch crunch the numbers -- $14,974. Then you pay 15% when you take it leaving you with $12,728. (The end result with a Roth IRA is exactly the same. Feel free to crunch those numbers.) But now suppose you invest in a no-retirement account so you have to pay taxes every year. Your original investment is only $850 because you have to pay tax on that, and your effective return is only 5.95% because you have to pay 15% of the 7%. So after 40 years you have -- crunch crunch -- $10,093. Quite a difference. But if you put money in a retirement account and then take it out before you retire, you pay substantial penalties. I think it's 20%. If you plan to take the money out after a year or two,  that would really hurt. Two: How much risk are you willing to take? The reality of investment is that, almost always, the more risk you take, the bigger the potential returns, and vice versa. Investments that are very safe tend to have very low returns. As you're young, if you're saving for retirement, you can probably afford a fairly high amount of risk. If you lose a lot of money this year, odds are you'll get it back over the next few years, or at least be able to put more money into investments to make up for it. If you're 64 and planning to retire next year, you want to take very low-risk investments. In general, investing in government bonds is very safe but has very low returns. Corporate bonds are less safe but offer higher returns. Stocks are a little more. Of course different companies have different levels of risk: new start-ups tend to be very risky, but can give huge returns. Commodities are much higher risk. Buying on margin or selling short are ways to really leverage your money, but you could end up losing more than you invested. Mutual funds are a relatively safe way to invest in stocks and bonds because they spread your risk over many companies. Three: How much effort are you willing to put into managing your investments? How much do you know about the stock market and the commodities market and international finance and so on, and how much are you willing to learn? If your answer is that you know a lot about these things or are willing to dive in and learn a lot, that you can invest in individual stocks, bonds, commodities, etc. If your answer is that you really don't know much about all this, then it makes a lot of sense to just put your money into a mutual fund and let the people who manage the fund do all the work."}
{"_id": "260695", "title": "", "text": "\"&gt;Wrong. Between Ford (1914) and FDR's Fair Labor Standards Act (1938) the middle class formed. Unions forming from textile plants pushed for what became the FLSA.   That's more the working class, but we're just splitting hairs now.  &gt;The right has been conned into wanting to dismantle all of that even though the only people who would benefit are the top 1%.  A free market wouldn't stop unions, in fact it would give them more freedom.  &gt;This is why the rest of us call you dupes or dummies.  No, you do that because you're a condescending asshole.  &gt;A \"\"slow down\"\" is no shortage. You said it generally as well. There's no overall housing shortage.  Actually the example I gave you showed that allowing the construction of new apartments reduced rent increases as more demand is met. As far as actual vacant houses go, Seattle is actively stopping people from living in them, and giving permits to destroy them. You could solve the homeless problem in Seattle by getting govt out of the way.\""}
{"_id": "260705", "title": "", "text": "\"This is a very vague question and could not be fairly answered without knowing additional details, some examples would be:  * What is the total revenue of the non-profit? * What are the total expenses of the non-profit? * What is the effectiveness rate to the \"\"cause\"\" of each $1 donated?  Non-profit organizations and charities have grown to large scale business operations that are focused on delivering value to their determined cause.  The Top 5 largest charities each had total revenues over $3.3 billion in 2012.  This included United Way, Goodwill, The Y, and the Salvation Army with the largest being the Y at over $6.2 billion in annual revenue.  All of these non-profits bring in enough revenue to be in the Fortune 500 (The 500th company on the list is Newmont Mining Corp at $3.2 billion in revenue).  When you consider the scale of these operations I think you need to acquire an experienced CEO that has a career history of leading large and many times multi-national organization.  These CEOs command high salaries because of their talent and expertise.  I believe when they are passionate about a cause they're willing to take a discount, but you have to understand the term discount proportionately.  I made a quick table below just to provide some context and show reference points of several Fortune 500 companies in comparison to The Y, the largest non-profit in total revenue.  You can quickly see that a salary of $450,000 for an organization of this size would be a significant discount in comparison to the CEO salaries of comparably sized organization in the for profit world.  When considering charitable contributions it is entirely valid to consider the CEO's salary, but also consider the potential value add.  For example, if that CEO generates a significantly more effective ratio of utilizing donated $ then it may justify the salary.   In some scenarios it is fair to say that $450,000 would be a fair and adequate salary for a CEO running a large scale non-profit.  Is this the case for every non-profit?  Probably not.  It should often be thought of as a function of total revenue and effectiveness of the $ donated.     Company | 2013 Revenue | 2013 CEO Salary | Ratio ---|----|----|-----| Cummins | $6.3B | $9.4M | .15% EMC Corp | $6.2B | $32.3M | .52% Northeast Utilities | $6.1B | $1.7M | .03% Agilent Technologies | $6.1B | $10.2M | .17% *The Y (YMCA)* | *$6.2B* | *$.45M* | *.007%*  Source(s): http://www.thenonprofittimes.com/wp-content/uploads/2013/11/11-1-13_Top100.pdf http://www.salary.com/ http://www.grossing.com/fortune500.htm\""}
{"_id": "260709", "title": "", "text": "Some ideas:"}
{"_id": "260712", "title": "", "text": "\"[Here you go](http://www.computerweekly.com/news/2240150767/Facebook-shareholders-sue-over-misleading-IPO)  It's a classic case of \"\"the worst thing you can do is give them an actual reason to go after you.\"\" The real reason folks are hating on the Facebook IPO is, as others have indicated, that they just want to dislike Zuckerberg and the IPO wasn't the instant gold everyone wants to think that IPOs are.   But this (honestly minor) information fuckup is going to be the rope that is needed to hang Facebook and Morgan Stanley.   It's like Al Capone terrorizing and murdering all across central America, but getting sent to jail on tax fraud.\""}
{"_id": "260721", "title": "", "text": "In some countries,  the mafia is an accepted part of the system (like some areas in Italy).  In this country it is not, but government taxes are as they provide services that the people want.  That is decided by the majority, not by the individual.  And, if you individually choose to not partake of that system you can either face criminal results or you can head out for a country with low/no taxes.  I hear Somalia has no country taxes..."}
{"_id": "260726", "title": "", "text": "To quote their disclaimer: Data is provided by financial exchanges and may be delayed as specified by financial exchanges or our data providers. Google does not verify any data and disclaims any obligation to do so. That means that they buy it from a reseller such as IDC. It probably differs in source between the different exchanges depending on price and availability factors. They do specify in some cases which reseller they use and one of those happens to be Interactive Data (IDC) who are also the data provider used in my day job!"}
{"_id": "260728", "title": "", "text": "Hundreds of ghost towns across the US would disagree.  Prices are what, maybe 5% cheaper than their competitors?  That comes at the cost of killing off local competition that actually generates revenue for the town.  Walmart creates income disparity, and kills more local jobs than it generates."}
{"_id": "260747", "title": "", "text": "A great American company on its deathbed for really no good reason beyond executive greed and their eye solely on short term profits. They had goodwill out the wazoo and multiple generations who grew up buying their products and they squandered it all."}
{"_id": "260749", "title": "", "text": "\"But how much does efficiency in internet shopping and warehouse shipping to homes translate to retail stores.  Also a lot of the reason that Whole Foods's competitors are able to beat them on price is [because they use unscrupulous suppliers who are organic in name only.](https://www.washingtonpost.com/business/economy/why-your-organic-milk-may-not-be-organic/2017/05/01/708ce5bc-ed76-11e6-9662-6eedf1627882_story.html)  If you're buying \"\"organic\"\" food from Wal-Mart, Albertson's, etc. you're frequently being played for a fool.\""}
{"_id": "260756", "title": "", "text": "Fundamentally, it's no different than normal.  A risky entity must entice investors with higher interest rates than less risky entities.  We're just in such a low interest rate environment that the rate spread now dips below zero and very low risk entities can issue debt with a negative coupon. Though I agree that this makes no sense and the world's gone mad."}
{"_id": "260773", "title": "", "text": "\"You have to register with the SEC as an Investment Company. The SEC has a \"\"Investment Company Regulation and Registration Package\"\", available here: http://www.sec.gov/divisions/investment/invcoreg121504.htm  I found that off their overall page for funds and advisors: http://www.sec.gov/divisions/investment.shtml  Finally, bear in mind that your state may have various requirements as well.\""}
{"_id": "260781", "title": "", "text": "I use both Factset and Bloomberg on a daily basis. Factset has an extremely powerful portfolio management tool, which is really useful to analyze your portfolios etc. Also, it has a great backtesting tool. But it is unbearably slow, and the UI is not particularly intuitive, and you can't navigate using the keyboard. Factset is not cheaper. Just a different cost structure.  I use Bloomberg for prices and stock analysis. It is much quicker and I like the keyboard navigation system. That said, it has a lot of mistakes, especially in the Financial Analysis section. So you can't really trust it."}
{"_id": "260795", "title": "", "text": "Whether you're self-employed or not, knowing exactly how much tax you will pay is not always an easy task.  Various actions you can take (e.g., charitable donations, IRA contributions, selling stocks) may increase or reduce your tax liability. One tool I've found useful for estimating federal taxes is the Excel 1040 spreadsheet.  This is a spreadsheet version of the income tax return form.  It is not official and is not created by the IRS, but is maintained as a labor of love by a private individual.  In practice, however, it is pretty much an accurate implementation of the tax calculation algorithms encoded in the tax forms and instructions. The nice thing about it is that it's a spreadsheet.  You can plug numbers into various slots in the spreadsheet and see how they affect your federal tax liability.  (You may also owe state taxes depending on what state you live in.)  Of course, the estimates you get by doing this are only (at most) as accurate as your estimates of the various numbers you plug in.  Still, I think it's a free and useful way to get a ballpark estimate of your tax liability based on numbers that you can more easily estimate (e.g., how much money you expect to earn)."}
{"_id": "260803", "title": "", "text": "I sell a put for a strike price at the market. The stock rises $50 over the next couple months. I've gotten the premium, but lost the rest of the potential gain, yet had the downside risk the whole time.  There's no free lunch.  Edit - you can use a BS (Black-Scholes) calculator to create your own back testing. The calculator shows a 1% interest rate, 2% yield, and 15% volatility produce a put price almost identical to the pricing I see for S&P (the SPY ETF, specifically) $205 put. No answer here, including mine, gave any reference to a study. If one exists, it will almost certainly be on an index, not individual stocks. Note that Jack's answer referencing PUTX does exactly that. The SPY ETF and it put options. My suggestion here would, in theory, let you analyze this strategy for individual stock options as well.  For SPY - With SPY at 204.40, this is the Put you'd look at -  12 times the premium is $33.36 or 16% the current price. The next part of the exercise is to see how the monthly ups and downs impact this return. A drop to $201 wipes out that month's premium.  It happens that it now March 18th, and despite a bad start to the year, we are at break-even YTD. A peek back shows In Dec you picked up $2.87 premium, (1.4% the current price then) but in Jan, it closed for a loss of $12. Ouch. Now, if you started in January, you'd have picked up 2 month's premiums and today or Monday sell the 3rd. You'd have 2.8% profit so far, vs the S&P break even.  Last, for now, when selling a naked put, you have to put up margin money. Not sure how much, but I use percent of the value of underlying stock to calculate returns. That choice is debatable, it just keeps percents clean. Else you put up no money and have infinite return."}
{"_id": "260817", "title": "", "text": "If this chargeback failed then would it negatively affect my credit score? A credit score is a measure of how dependable of a borrower you are. Requesting a refund for not receiving goods not delivered as promised, whether it is successful or it fails, should not impact your credit score since it has no implications on the likelihood that you will pay back debts. The last time I used that gym was the 13th January 2017, and I rejoined on the 20th December, so I have used it for less than a month. Therefore I do not think I should have to pay for two months Keep in mind that you purchased a membership to the gym. Whether or not you actually use the gym you are liable to pay for every month that you retain the membership. Although it probably won't hurt to try to get a refund for the period where you didn't take advantage of your gym membership, you weren't actually charged for a service that you never received (like in the last case where they charged you after you cancelled your membership)."}
{"_id": "260822", "title": "", "text": "That's not true. What drags down the profitability of public transportation networks are human resources, in particular retirement funds.   High speed networks are more modern and operate with less people per passenger.km and thus are much more profitable, even with high initial investments."}
{"_id": "260832", "title": "", "text": "\"My guess is that with the firm going down the tubes, the money was appropriated and quickly moved offshore to pay the bonuses.  It seems to always be about paying the all important bonuses with these people.  I think it's possible that something very bad happens if the bonuses aren't paid. I don't know what the Wall Street equivalent of \"\"knee capping\"\" is but it's probably like \"\"shunning in social settings\"\" or something.\""}
{"_id": "260836", "title": "", "text": "There is a misunderstanding somewhere that your question didn't illuminate. You should have lost $0.04 as you say. Assuming the prices are correct the missing $0.02 aren't covered by a reasonable interpretations of the Robinhood fees schedule. For US-listed stocks: $0 plus SEC fees: 0.00221% of principal ($22.10 per $1,000,000 of principal) plus Trading Activity Fee: $0.000119/share rounded to nearest penny plus short/long term capital gains taxes The total fee rate is 0.002329% or 0.00002329*the price of the trade. With you trades totaling around $11, the fee would be ~0.000256 or ~1/40 of a penny.  The answer is probably that they charge $0.01 for any fraction of a penny. It's difficult to explain as anything other than avarice, so I won't try."}
{"_id": "260837", "title": "", "text": "\"I think your very long list of possible assumptions makes a tacit point of your own:  to state \"\"15%\"\" as a general value is bogus.  I think, in most cases, the \"\"15%\"\" is merely a popular meme.   To give any fixed number or percentage of income saved is insufficient without expanding things in the way you show.  Therefore, a formula, in which at least a handful of variables can be plugged into it, seems like the right approach.  (And this is what is being discussed here with the Monte Carlo method).\""}
{"_id": "260838", "title": "", "text": "Two years ago, I wrote an article titled Student Loans and Your First Mortgage in response to this exact question posed by a fellow blogger.  The bottom line is that the loan payment doesn't lower your borrowing power as it fits in the slice between 28% (total housing cost) and 38% (total monthly debt burden) when applying for a loan.  But, the $20K is 20% down on $100K worth of house. With median home prices in the US in the mid-high $100Ks, you're halfway there.  In the end, it's not about finance, it's a question of how badly you want to buy a house. If I got along with the parents, I'd stay as long as I was welcome, and save every dollar I could. Save for retirement, save for as large a downpayment as you can, and after you buy the house, pay the student loan aggressively. I moved out the week after I graduated."}
{"_id": "260846", "title": "", "text": "Still does, as far as I know.  This applies only to hand tools, however. I worked in the Sears paint and hardware departments in high school and college, and at least once a week we'd have someone come in and demand a replacement for a five-year-old saber saw or drill. Sorry, power tools only have (had?) a one-year warranty. Lifetime warranty on power tools would obviously be suicidal."}
{"_id": "260848", "title": "", "text": "\"If you're really interested in the long-term success of your business, and you can get by in your personal finances without taking anything from the business for the time being, then don't.   There is no \"\"legal requirement\"\" to pay yourself a prevailing wage if doing so would put the company out of business.  it is common for a company's principals not to draw wages from the business until it is viable enough to sustain payroll.  I was in that situation when I first began my business, so the notion that somehow I'm violating a law by being fiscally responsible for my own company is nonsense. Be wise with your new business.  You didn't state why you feel the need to take some kind of payment out, but this can be a crucial mistake if it imperils your business or if that money could be better spent on marketing or some other areas which improve revenues. You can always create a salary deferral agreement between yourself and your own company which basically states that the company owes you wages but you are, for the time being, willing to defer accepting them until such time that the company has sufficient revenues to pay you.  That's one solution, but the simplest answer is, if you don't need the money you're thinking of paying yourself, don't do it.  Let that money work for you in the business so that it pays off better in the long run. Good luck!\""}
{"_id": "260864", "title": "", "text": "This is not good advice, it's all buzzwords with no substance. Obsession can help but can be just as much of a hindrance when it has to be perfect rather than profitable. No exit strategy is a great way to lose your house. It's great having employees who love working for you but if they're not competent workers, they're not going to be productive. Et cetera.  The only advice you should take here is to not hire a PR firm since it's easy to see what PR firms would do and copy the parts you think will work for you (basically: setup a functional website and some social media accounts)"}
{"_id": "260880", "title": "", "text": "The two terms seem to be used interchangeably.  Even the IRS' website uses them interchangeably from one sentence to the next (emphasis mine): Many 401(k) plans allow employees to make a hardship withdrawal   because of immediate and heavy financial needs. Generally, hardship   distributions from a 401(k) plan are limited to the amount of the   employees' elective contributions only ... It might a difference in perspective:  The account holder withdraws the money, but the fund manager distributes it. Another way to look at it would be for cases that are only in transition to another tax-advantaged account.  You can withdraw the money without it becoming a taxable distribution if you get it into another tax-advantaged account within a certain time limit."}
{"_id": "260885", "title": "", "text": "I agree that college doesn't or shouldn't have to be all about job prep.   However, the caveat I will add is that if you go into DEBT for your education, you should certainly be thinking about the economic value your education can provide you.   The last point about subsidized college being cheaper than the current system.. I don't know.. I'd have to see these reports you speak of, and who made them, and for what incentive.  At the end of the day though, these findings are all moot unless we can have a conversation about the hyperinflation in college costs directly related to 'free' aka subsidized education."}
{"_id": "260889", "title": "", "text": "As NRI/PIO (Non-Resident Indian/Person of Indian Origin), the overseas income and transfers in foreign currency are exempt from Indian income taxes. However, the account in India has to be designated NRE or FCNR. There are three kind of accounts that an NRI can maintain Interest earned in NRE and FCNR accounts is exempt from income taxes. Interest earned in NRO accounts is not exempt from income taxes, in fact banks would withhold about 30% of interest (TDS). The exact tax liability would depend upon income generated in India and TDS could be applied towards that liability when the tax returns are filed. There are other implications also of designating the account as NRE or NRO. NRE accounts can only be funded via inward remittance of permitted foreign currency e.g. deposit USD/GBP. So proceeds like rental income, pension etc. that are generated in INR within India can't be deposited in this account. The money deposited in NRE account can grow tax free and can be converted back in any foreign currency freely. On the other hand NRO accounts can be funded through both inward remittance of permitted foreign currency or local income e.g. rental, pension etc. All the amount in this account is treated as Indian originated INR (even if remitted in foreign currency) and thus is taxed as any other bank account. The amount in this account is subject to the annual cap of convertibility of USD 1 million. Both NRE and NRO accounts are maintained in INR and can be Saving and Term Deposit. Any remittance made to these accounts in any foreign currency is converted to INR at the time of deposit and is maintained in INR. FCNR account are held in foreign currency and can only be Term Deposit. Official definitions: Accounts for Non Resident Indians (NRIs) and Persons of Indian Origin (PIOs)"}
{"_id": "260916", "title": "", "text": "Some credit checks are ignored as part of the scoring process. Some companies will pull your info, to make sure you haven't become a risk. Others will inquire before they send you an offer. Since you didn't initiate the inquiry it can't impact your score."}
{"_id": "260923", "title": "", "text": "\"There was a post on a Canadian subreddit a week or two ago about Canadian east coast fishermen (who go on employment insurance for half the year, every year) complaining about immigrants and poor people who get \"\"hand outs\"\" from the government.\""}
{"_id": "260940", "title": "", "text": "The world needs zero Ubers.  Uber is a corporation founded on lies, operating illegally in every location, and it operates what is effectively, the world's most dishonest payday loan scam, where you steal money from your future self, and give 25% of it to Uber."}
{"_id": "260954", "title": "", "text": "\"&gt;They can't work forever, despite some of these folks ideas to the contrary. Eventually their health will make it prohibitive to positively contribute to the work environment and companies won't want to deal with these higher risk employees.   The fact that many companies are \"\"top heavy\"\" with an inordinate number of older \"\"Boomer\"\" people is also one of the factors that has been driving the cost of health care insurance up.  The older people get, the more it costs to take care of their health (especially boomers, who as a generation \"\"indulged\"\" far more than the generation before them -- indulged in (i.e. used &amp; abused) everything from organ destroying booze &amp; drugs, to body-destroying \"\"exercise\"\" {knees, hips &amp; ankles do NOT like jogging, and \"\"replacement\"\" joints are $50k to $100k EACH, so a quarter of a million [at least] will go into replacing knees &amp; hips of the typical Boomer-Jogger}, to infection laden promiscuous sex {which we do not yet know all of the implications of, but we DO know is pretty scarey -- more and more cancers are being tagged as being caused by \"\"infectious agents\"\", aka STD's}).  And of course, the Boomers as a generation have ALWAYS been a bunch of whiners &amp; complainers and because of the \"\"size\"\" of their demographic, they have typically been catered to.  So, basically, we ain't seen nuthin yet as far as health costs, OR the politics surrounding it all.  Watch as the Boomers make (political) DEMANDS that THEY be taken care of (and they will endorse cutting off anything &amp; everything for their kids/grandkids generations).\""}
{"_id": "260956", "title": "", "text": "I'd be very surprised (but feel free to prove me wrong) if he advised people to pay in physical cash. He probably means to not take out debt.  In the world of M&amp;A, the term cash is used a bit differently. You can fund a deal with cash, stock, or a combination of both. However, there are different sources of cash. You can have funds in your bank account, or you can go borrow funds in the debt market.  So what this means for this deal is that AMZN shareholders will not be giving up any equity for the acquisition. They will either use cash that is in their bank accounts or go to the debt markets, raise debt, and use the proceeds to pay WFM shareholders.  No one shows up with physical cash in either case. It's wired over to the people who will then distribute the money to the shareholders."}
{"_id": "260959", "title": "", "text": "\"Money is a token that you can trade to other people for favors. Debt is a tool that allows you to ask for favors earlier than you might otherwise. What you have currently is: If the very worst were to happen, such as: You would owe $23,000 favors, and your \"\"salary\"\" wouldn't make a difference. What is a responsible amount to put toward a car? This is a tricky question to answer. Statistically speaking the very worst isn't worth your consideration. Only the \"\"very bad\"\", or \"\"kinda annoying\"\" circumstances are worth worrying about. The things that have a >5% chance of actually happening to you. Some of the \"\"very bad\"\" things that could happen (10k+ favors): Some of the \"\"kinda annoying\"\" things that could happen (~5k favors): So now that these issues are identified, we can settle on a time frame. This is very important. Your $30,000 in favors owed are not due in the next year. If your student loans have a typical 10-year payoff, then your risk management strategy only requires that you keep $3,000 in favors (approx) because that's how many are due in the next year. Except you have more than student loans for favors owed to others. You have rent. You eat food. You need to socialize. You need to meet your various needs. Each of these things will cost a certain number of favors in the next year. Add all of them up. Pretending that this data was correct (it obviously isn't) you'd owe $27,500 in favors if you made no money. Up until this point, I've been treating the data as though there's no income. So how does your income work with all of this? Simple, until you've saved 6-12 months of your expenses (not salary) in an FDIC or NCUSIF insured savings account, you have no free income. If you don't have savings to save yourself when bad things happen, you will start having more stress (what if something breaks? how will I survive till my next paycheck? etc.). Stress reduces your life expectancy. If you have no free income, and you need to buy a car, you need to buy the cheapest car that will meet your most basic needs. Consider carpooling. Consider walking or biking or public transit. You listed your salary at \"\"$95k\"\", but that isn't really $95k. It's more like $63k after taxes have been taken out. If you only needed to save ~$35k in favors, and the previous data was accurate (it isn't, do your own math): Per month you owe $2,875 in favors (34,500 / 12) Per month you gain $5,250 in favors (63,000 / 12) You have $7,000 in initial capital--I mean--favors You net $2,375 each month (5,250 - 2,875)   To get $34,500 in favors will take you 12 months ( \u2308(34,500 - 7,000) / 2,375\u2309 ) After 12 months you will have $2,375 in free income each month. You no longer need to save all of it (Although you may still need to save some of it. Be sure recalculate your expenses regularly to reevaluate if you need additional savings). What you do with your free income is up to you. You've got a safety net in saved earnings to get you through rough times, so if you want to buy a $100,000 sports car, all you have to do is account for it in your savings and expenses in all further calculations as you pay it off. To come up with a reasonable number, decide on how much you want to spend per month on a car. $500 is a nice round number that's less than $2,375. How many years do you want to save for the car? OR How many years do you want to pay off a car loan? 4 is a nice even number. $500 * 12 * 4 = $24,000 Now reduce that number 10% for taxes and fees $24,000 * 0.9 = $21,600 If you're getting a loan, deduct the cost of interest (using 5% as a ballpark here) $21,600 * 0.95 = $20,520 So according to my napkin math you can afford a car that costs ~$20k if you're willing to save/owe $500/month, but only after you've saved enough to be financially secure.\""}
{"_id": "260983", "title": "", "text": "10k in taser stock at $1.00 per share made those who held into the hundreds per share made millions.  But think about the likelihood of you owning a $1 stock and holding it past $10.00. They (taser millionaires) were both crazy and lucky.  A direct answer, better off buying a lottery ticket. Stocks are for growing wealth not gaining wealth imho. Of course there are outliers though.  To the point in the other answer, if it was repeatable the people teaching the tricks (if they worked) would make much more if they followed their own advice if it worked.  Also, if everyone tells you how good gold is to buy that just means they are selling to get out. If it was that good they would be buying and not saying anything about it."}
{"_id": "260984", "title": "", "text": "There are a few other factors possible here: Taxes - Something you don't mention is what are the tax rates on each of those choices.  If the 4% gain is taxed at 33% while the 3% government bond is taxed at 0% then it may well make more sense to have the government bond that makes more money after taxes. Potential changes in rates - Could that 4% rate change at any time?  Yield curves are an idea here to consider where at times they can become inverted where short-term bonds yield more than long-term bonds due to expectations about rates.  Some banks may advertise a special rate for a limited time to try to get more deposits and then change the rate later.  Beware the fine print. Could the bond have some kind of extra feature on it?  For example, in the US there are bonds known as TIPS that while the interest rate may be low, there is a principal adjustment that comes as part of the inflation adjustment that is part how the security is structured."}
{"_id": "260989", "title": "", "text": "Ok look, so you didn't read it. Here's a blurb for you to ponder:  The Quran contains at least 109 verses that call Muslims to war with nonbelievers for the sake of Islamic rule. Some are quite graphic, with commands to chop off heads and fingers and kill infidels wherever they may be hiding. Muslims who do not join the fight are called 'hypocrites' and warned that Allah will send them to Hell if they do not join the slaughter.  So wait, are you saying that an infinitesimally small number of muslims read the Koran?"}
{"_id": "260994", "title": "", "text": "Yes, but again this wouldn't matter if nobody wanted an electric car. Tesla could open their factories up to the public and it wouldn't matter if nobody wanted an electric vehicle. Creating interest in electric vehicles and moving the entire market forward is the most important step for Tesla."}
{"_id": "260998", "title": "", "text": "The 60 day pay back rule of a distribution your are referring to is a reportable IRS rule so you won't be able to circumvent that by opening your own company with its own 401K and borrowing the funds from there. Failure to accurately report to the IRS leads to fines and possible jail time.    It's not advisable to withdraw from a retirement account but if you really need the money then you can move the funds to a Rollover IRA at the new broker/dealer, or custodian etc. Once you withdraw funds, the plan sponsor has to abide by a mandatory 20% tax withholding on the distribution, you'll be hit with a 10% tax penalty for early withdraw and you'll have to report the distribution as income when you file your personal income taxes. The move from a 401K to a Rollover however is legal and has no tax implications or penalties (besides possible closing fees at the old account) - that is until you decide to withdraw from it assuming you are under age 59 1/2.   Regarding your last point, 401Ks are administered by 3rd parties. You wouldn't be opening up any accounts directly with them necessarily. Best advice? Get a Financial Advisor in your area. I recommend going with an advisor who is backed by independent broker-dealer. Independent broker dealers don't offer their own investment products therefore don't push their advisors to sell you their 'in-house' products like big banks.   Here's a good article on using Rollover funds to start a venture: http://www.ehow.com/how_6789743_rollover-directed-ira-start-business.html  Here is a resource guide direct from the IRS (you can CTRL+F for any specific topics)  http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/401%28k%29-Resource-Guide---Plan-Participants---General-Distribution-Rules"}
{"_id": "261003", "title": "", "text": "ADP does not know your full tax situation and while the standard exemption system (actually designed by the IRS not ADP) works fairly well for most people it is an approximation.  This system is designed so most people will end up with a small refund while some people will end up owing small amounts.  So, while it is possible that ADP has messed up the calculations it is unlikely this is the cause.  The most likely cause is that approximation ends ups making you pay less tax during the year than you actually owe. A few people like your friend may end up owing large amounts due to various circumstances.  It is always your responsibility to make sure you pay enough tax throughout the year.  While this technically means that you need to do your taxes every quarter during the year to make sure you pay the correct tax during the year, for most people this ends up being unnecessary as the approximation works fine.  It is possible the exemption system failed your friend, but much more commonly people owe penalties because they put the wrong number of exemptions or had other side income. On a related note, most people in finance would argue that your situation where you owe some money at tax time, but not so much that you have to pay a penalty, is actually the best way to go.  Getting a tax refund actually means you paid more tax than you needed to.  This is similar to giving an interest-free loan to the government."}
{"_id": "261016", "title": "", "text": "\"This is second hand information as I am not a millionaire, but I work with such people everyday and have an understanding of how they handle cash: The wealthy people don't. Simple. Definitely not if they don't have to. Cash is a tool to them that they use only if they get benefit of it being a cash transaction (one of my friends is a re-seller and he gets a 10% discount from suppliers for settling lines using cash). Everything else they place on a line of credit. For people who \"\"dislike\"\" credit cards and pay using ATM or debit cards might actually have a very poor understanding of leverage. I assure you, the wealthy people have a very good understanding of it! Frankly, wealthy people pay less for everything, but they deserve it because of the extreme amount of leverage they have built for themselves. Their APRs are low, their credit limits are insanely high, they have longer billing periods and they get spoiled by credit card vendors all the time. For example, when you buy your groceries at Walmart, you pay at least a 4% markup because that's the standardized cost of processing credit cards. Even if you paid in cash! A wealthy person uses his credit card to pay for the same but earns the same percentage amount in cash back, points and what not. I am sure littleadv placed the car purchase on his credit card for similar reasons! The even more wealthy have their groceries shipped to their houses and if they pay cash I won't be surprised if they actually end up paying much less for fresh (organic) vegetables than what equivalent produce at Walmart would get them! I apologize for not being able to provide citations for these points I make as they are personal observations.\""}
{"_id": "261024", "title": "", "text": "You could probably see prices at one of the Obamacare websites.  I'm on Obamacare in Massachusetts, and the premiums for me ranged from about $300-600 per month.  For a couple, you just multiply by two (couples don't get any discounts over single people).  So for a couple, the cost is about $600-$1200 per month. I never looked at family prices because I don't have kids, but I think the family plans are not that much more than the plans for a couple."}
{"_id": "261032", "title": "", "text": "\"As a consumer, I guess \"\"yay\"\" is in order, but I have to side with the marketplace vendors on this one--it is just bad business to force this policy on sellers. Not everyone has the ability to eat the refund losses that Amazon does.\""}
{"_id": "261055", "title": "", "text": "\"&gt; Any job that went south of the boarder was leaving anyway.  It may be true that these jobs not leaving would result in an increase in the cost of living. But the textile market is not going away just because there's no cheap labor market to produce it in.  &gt;NAFTA provides you with much more buying power. 20 years ago a poor person could not buy an iphone if it existed back then. Currently anyone can afford any combination of Iphone, Xbox, computer, above ground swimming pool, etc.   Twenty years ago I was still working full time, and could afford rent, car, and have spending money. By 2005, the last time I worked, there was no way to afford rent and maintain a car to get to work. I was making better than minimum wage then, but not by a lot.  Just what are you basing the notion of \"\"everybody\"\" on?\""}
{"_id": "261082", "title": "", "text": "\"That article, like almost any article written by a non-expert and quoting only \"\"research\"\" from lobbying groups, hugely misses the point. The vast majority of orders that end up being cancelled are cancelled as a standard part of exchanges' official market-maker programs. Each exchange wants you and me to know that it has liquidity -- that when we go to buy or sell some stock, there will be someone waiting on the other side of the trade.  So the exchange pays (via lowered fees or even rebates) hundreds of registered market makers to constantly have orders resting in each product's order book within a few ticks of the current NBBO or the last trade price.  That way, if everyone else should suddenly disappear from the market, you and I will still be able to trade our shares for a price somewhat close to the last trade price. But market makers who are simply acting in this \"\"backstop\"\" role don't actually want to have their orders filled, because those orders will almost always lose them money. So as prices rise and fall (as much as tens of times per second), the market makers need to cancel their resting orders (so they don't get filled) and add new ones at new prices (so they meet their obligations to the exchange).  And because the number of orders resting in any given product's order book is vastly larger than the number of actual trades that take place in any given time period, naturally the number of cancellations is also going to hugely outweigh the number of actual trades.  As much as 97% to 3% (or even more). But that's completely fine! You and I don't have to care about any of that.  We almost never need the market makers to be there to trade with us.  They're only there as a backstop.  There's almost always plenty of organic liquidity for us to trade against.  Only in the rare case where liquidity completely dries up do we really care that the registered market makers are there.  And in those cases (ideally) the market makers can't cancel their orders (depending on how well the exchange has set up its market maker program). So, to answer your question, the effect of standard order cancellation on a stock is essentially none.  If you were to visualize the resting orders in a product's book as prices moved up and down, you would essentially see a Gaussian distribution with mean at the last trade price, and it would move up and down with the price.  That \"\"movement\"\" is accomplished by cancellations followed by new orders. P.S. As always, keep in mind that your and my orders almost never actually make it to a real stock exchange anymore.  Nowadays they are almost always sent to brokers' and big banks' internal dark pools.  And in there you and I have no idea what shenanigans are going on.  As just one example, dark pools allow their operators and (for a fee) other institutional participants access to a feature called last look that allows them to cancel their resting order as late as after your order has been matched against it! :( Regarding the question in your comment ... If Alice is sending only bona fide orders (that is, only placing an order at time T if, given all the information she has at time T, she truly wants and intends for it to be filled) then her cancellation at a later time actually adds to the effectiveness of and public perception of the market as a tool for price discovery (which is its ultimate purpose). [In the following example imagine that there are no such things as trading fees or commissions or taxes.] Let's say Alice offers to buy AAPL at $99.99 when the rest of the market is trading it for $100.00.  By doing so she is casting her vote that the \"\"fair value\"\" of a share of AAPL is between $99.99 and $100.00. After all, if she thought the fair value of a share of AAPL was higher --  say, between $100.00 and $100.01 -- then she should be willing to pay $100.00 (because that's below fair value) and she should expect that other people in the market will not soon decide to sell to her at $99.99. If some time later Alice does decide that the fair value of AAPL is between $100.00 and $100.01 then she should definitely cancel her order at $99.99, for exactly the reason discussed above.  She probably won't get filled at $99.99, and by sitting there stubbornly she's missing out (potentially forever) on the possibility to make a profit. Through the simple act of cancelling her $99.99 order, Alice is once again casting a vote that she no longer thinks that's AAPL's fair value.  She is (very slightly) altering the collective opinion of the entire market as to what a share of AAPL is worth.  And if her cancellation then frees her up to place another order closer to her perceived fair value (say, at $100.00), then that's another vote for her honest optinion about AAPL's price. Since the whole goal of the market is to get a bunch of particpants to figure out the fair value of some financial instrument (or commodity, or smart phone, or advertising time, etc.), cancellations of honest votes from the past in order to replace them with new, better-informed honest votes in the present can only be a good thing for the market's effectiveness and perceived effectiveness. It's only when participants start sending non-honest votes (non bona fide orders) that things start to go off the rails.  That's what @DumbCoder was referring to in his comment on your original question.\""}
{"_id": "261087", "title": "", "text": "\"Cash/CD's for a house downpayment = Good. Resist the urge to invest this money unless you're not planning on the house for at least 5 years. Roth IRA - Good. Amounts contributed are able to be withdrawn without tax penalties, though you would really need to be in a crisis for this to be a good idea. It's your long-term, retirement money. The earlier you start, the better. Use your 401K at work, if it's offered. Contribute to the Roth as much as you can, as well. Whole life (\"\"Cash value\"\") life insurance: Be careful... Cash-value life insurance (Whole, Universal, Variable Universal) must be watched more closely as you age. Once they reach that \"\"magical\"\" point of being self-sustaining, you cannot relax. The annual cost of insurance is taken from the cash value, which your premium payments replenish. If you stop making premium payments, eventually the cost of insurance (which goes up every year) will erode your cash value down to nothing, at which point more premium must be paid to keep the policy in force. This often happens in your old age, when you can least afford the surprise, and costs are highest. Some advisors get messed up in their priorities when they start depending on the 8-10% commissions they are paid on insurance policies. Since premiums for cash-value policies are far higher than for term policies, you might get some insight into your advisor if they ignore your attempts to consider a term policy. Because of the insurance costs' effects on your cash value, these types of policies are some of the most inefficient and expensive ways to invest. You are better off not investing via a life insurance policy. You don't need life insurance unless someone depends on your financial contribution to their life (spouse and children, for example). Some people just like the peace of mind it brings, and some people want a lump sum to leave as a gift to their loved ones (which is an expensive way to leave a gift).  You can have these \"\"feel-good\"\" benefits with a term policy for much less money, if you must have them. Unless you expect to become uninsurable at some point in the future, you should consider using term insurance to meet your life insurance needs until it is no longer needed.\""}
{"_id": "261089", "title": "", "text": "Craftsman tools are still industry leaders in quality. Unfortunately, it's hard to keep an entire store running on the legacy of their hardware department.  This has been the sears business model for well over a decade.  Not working out well.    Also, the whole kmart thing. Serious, wtf."}
{"_id": "261101", "title": "", "text": "It's not necessary to convert it back for the changes to affect value.    Lets say you have a euro account with 1000 euro and a gbp account with 920 gbp (the accounts are equal in value given current exchange rates).  You could exchange either account for ~$1180 usd.    If you exchange the euro account for USD, and say the euro gets stronger against the pound and dollar (and subsequently the pound and dollar are weaker against the euro); then if you would've kept the 1000 euro it would now be worth more than 920 gbp and more than 1180 usd, and you would've been better off exchanging the gbp account for usd.  Barring some cataclysmic economic event; exchange rates between well established currencies don't radically change over a few weeks trip, so I wouldn't really worry about it one way or the other."}
{"_id": "261121", "title": "", "text": "Because what is going on now isn't harming the rest of them? It is certainly harming an unprecented number of individuals around the world.  Institutions choose which markets they operate in, and make decisions on how much risk they will be exposed to in these markets. If an institution makes poor decisions, they should wear the consequences, as it would be for any other individual/business in other situation.   'Too big to fail' is a cop-out."}
{"_id": "261158", "title": "", "text": "\"hey there /u/PostNationalism -- you are relentlessly posting only from one single source, \"\"aei.org\"\".  whats up with that?  looking at \"\"aei.org\"\", its the \"\"American Enterprise Institute\"\":  &gt;The Competitive Enterprise Institute (CEI) is a advocacy group based in Washington DC with long ties to tobacco disinformation campaigns and more recently to climate change denial. It calls itself \"\"a non-profit, non-partisan research and advocacy institute dedicated to the principles of free enterprise and limited government. We believe that individuals are best helped not by government intervention, but by making their own choices in a free marketplace.\"\"[1] The Competitive Enterprise Institute is an \"\"associate\"\" member of the State Policy Network, a web of right-wing \u201cthink tanks\u201d in every state across the country.[2] &gt; &gt;Until August 2007 CEI's website CEI stated that it served \"\"as both a think tank\u2014creating intellectual ammunition to support free markets\u2014and an advocacy organization\u2014putting that ammunition to use in persuasive ways.\"\"[3] &gt; It postures as an advocate of \"\"sound science\"\" in the development of public policy. However, CEI projects dispute the overwhelming scientific evidence that human induced greenhouse gas emissions are driving climate change. They have a program for \"\"challenging government regulations\"\", push property rights as a solution to environment problems, opposed US vehicle fuel efficiency standards, and spin for the drug industry. &gt; &gt;Many of its claims have been debunked. Here are a few examples related to climate change: &gt; &gt;Annenberg Political Fact Check, \"\"Scientist to CEI: You Used My Research To \"\"Confuse and Mislead,\"\" May 26, 2006. &gt; &gt;\"\"Thank you for emitting\"\", Real Climate, May 18, 2006 &gt; &gt;News Bureau, University of Missouri-Columbia, \"\"MU Professor Refutes National Television Ads Downplaying Global Warming: Engineering Professor Curt Davis says TV Spots are Misrepresenting His Research,\"\" May 19, 2006. &gt;  astonishingly, they have financial ties to the Koch Brothers:  &gt; &gt;Charles G. Koch Charitable Foundation (Koch Family Foundations) &gt; &gt;Claude R. Lambe Charitable Foundation (Koch Family Foundations) &gt; &gt;David H. Koch Charitable Foundation (Koch Family Foundations) &gt;\""}
{"_id": "261161", "title": "", "text": "\"This question is likely to be closed as a product recommendation request. But if you are willing to change the question a bit, perhaps to \"\"How do I avoid having my debit card declined when I know I have good funds\"\" it becomes a reasonable general question. And my answer follows.  I can tell you the same thing happens to those of us with credit cards. It can happen when your buying pattern changes. Suddenly buying a lot of merchandise, especially away from home. Nothing like having your card declined while with relatives you visit or while on vacation. I'd talk to the bank and ask for advice how to avoid this. I've called my card issuer to tell them I'll in X city for these dates, to expect charges from there. That seems to work well.\""}
{"_id": "261189", "title": "", "text": "IANAL but I'd think common sense would say that if you take advantage of one of the special cases that allow you to withdraw from a retirement plan without penalty, and then for whatever reason you don't use the money for a legal purpose, you would have to either return the money or pay the tax penalty. And I'll go out on a limb here without any documentation and guess that if you lie to the IRS and say that you withdrew the money for an exempt purpose and instead use it to go on vacation and you get caught, that you will not only have to pay the tax penalty but will also be liable for criminal charges of tax fraud. If the law and/or IRS regulations say that the only legal exceptions are A, B, and C, that pretty clearly means that if you do D, you are breaking the law. And in the eyes of the government, failing to pay the taxes you owe is way worse than robbery, murder, or rape."}
{"_id": "261191", "title": "", "text": "\u0130\u015finiz Parmaklar\u0131n\u0131z\u0131n Ucunda \u0130\u015f alanlar\u0131 bak\u0131m\u0131ndan di\u011fer b\u00f6lgelere g\u00f6re daha \u00e7ok personel ihtiyac\u0131 olan illerin ba\u015f\u0131nda gelen Sakarya ilinde her i\u015f sekt\u00f6r\u00fcne y\u00f6nelik eleman arayan firmalar ile ba\u011flant\u0131 kurarak \u00e7al\u0131\u015fmaya ba\u015flayaca\u011f\u0131n\u0131z i\u015f motoru sayfas\u0131nda size g\u00f6re bir i\u015f mutlaka vard\u0131r. Sakarya i\u015f ilan i\u00e7in sitemize gelerek \u00e7al\u0131\u015fmak istedi\u011finiz i\u015f tercihinizi yap\u0131n ve \u015fehri se\u00e7erek t\u0131klayarak personel al\u0131m\u0131 yapacak olan firmalara ula\u015farak \u015fans\u0131n\u0131z\u0131 deneyebilirsiniz."}
{"_id": "261196", "title": "", "text": "Well, I am no expert but I have been holding the stock since it was sub-4 and when it was 18 I thought it could still go to 30. Ford has increased sales while increasing prices. the 2013 fusion/modeo looks to be killer and the hybrid competes with prius, 47 mpg highway from a mid-size sedan (the current leader toyota camry hybrid released this year only gets 43). (aggresively?) Ramping up production in developing markets. The small cars are huge hits and once myfordtouch catches on with the general public and gets it's kinks worked out it will be a game changer. If you look at what customers are saying it is a reason to buy a Ford. Also it is good with the long run because the f-150 is the most sold vehicle and one of the most profitable.  TL;DR I will hold this stock until Mullally(CEO) leaves"}
{"_id": "261197", "title": "", "text": "If the bank wants to close your account, they will do just that. Having a small ongoing balance isn't going to prompt them to keep it open.  Typically, the risk is for a card with zero usage to be closed, as it's a cost to them to keep the account open, and it has no revenue. To avoid this, it's a good idea to use that card or cards for a regular purchase, say, gasoline. A non-impulse buy, and just pay in full to avoid interest. There's no need to keep a balance accruing interest.  Keep in mind - A bill contains a month of charges. The bill for December is issued on the 31st, but due January 25th or so. When you pay it in full you do not have zero balance, you have the charges from January. This accomplishes your goal, will no interest."}
{"_id": "261199", "title": "", "text": "Start with the tax delta. For example, you'd hope to deposit at 25% bracket, but take withdrawals while at a marginal 15%. In this case, you're 10% to the good with the 401(k) and need to look at the fee eating away at this over time. Pay an extra 1%/yr and after 10 years, you're losing money. That's too simple, however. Along the way, you need to consider that the capital gain rate is lower than ordinary income. It's easier to take those gains as you wish to time them, where the 401(k) offers no flexibly for this. Even with low fees, this account is going to turn long term gains to ordinary income. (Note - in 2013, a couple with up to $72,500 in taxable income has a 0% long term cap gain rate. So, if they wish, they can sell and buy back a fund, claim the gain, and raise their cost basis. A tiny effort for the avoidance of tax on the gains each year.) First paragraph, don't forget, there are the standard deduction, exemption, and 10% bracket. While you are in the range to save enough to create he income to fill the low end at withdrawal, there's more value than just the 10% I discussed earlier.  Last, there's a phenomenon I call The Phantom Tax Rate Zone when one's retirement withdrawals trigger the taxation of Social Security.  It further complicates the math and analysis you seek."}
{"_id": "261208", "title": "", "text": "And remember, there's nobody but you that can do it - so the most important tool here is your determination and persistence."}
{"_id": "261220", "title": "", "text": "See what the contract says about transfers or subleases. A lease is a credit agreement, so the lessor may not allow transfers.  You probably ought to talk to an accountant about this. You can probably recognize most of the costs associated with the car without re-financing it in another lease."}
{"_id": "261224", "title": "", "text": "What is never mention was that even though top marginal taxes were high, even extreme, nobody paid them. Reagan lowered taxes but also made lots of people pay taxes that had never had to pay them before. You could essentially write off losses from a business indefinitely. Failing to earn money on an investment was also a loss. My dad, on the advice of an IRS tax auditor, built a greenhouse and we started selling flowers. But it was intended to never make any money. It's sole purpose was to reduce tax liability.  These tax shelters were geared as personal tax shelters. So what was done to service bigger business was to create what was called holding corporations. These corporations would take investors money and basically just sit on it. Which could then be claimed as a loss. But if these spread between bank interest CDs) paid on the holdings of this corporation and the interest cost of borrowing against those holdings hit a sweet spot they would build a strip mall or something similar. This was the trigger to the boom bust when the Feds raised/lowered the interest rates, and had a lot to do with stagflation at the time. They would turn key the project and reinvest in holdings. People could essentially bring their taxes down as much as they wanted, even to zero. It just meant that they had to put more money into holding corporations.  When Reagan changed the tax code to disallow these tax write offs he put lots of very wealthy people in the poor house overnight. They went to bed one night and woke up with all their investors wanting their money. I know a guy that operated a holding corporation that still cries about it to this day. Of course he has never really financially recovered either.   ***  The point is that what the tax code listed as your top marginal tax had no bearing on what you paid in tax prior to Reagan. 34% tax was WAY more than most of these people ever dreamed of paying in taxes prior to Reagan."}
{"_id": "261231", "title": "", "text": "\"&gt;The question confronting us all is not if, but how will civilization evolve from the unsustainable centralized control of industrialization to the freedom of technologically enhanced open systems?  Industrialization and central control aren't even relate-able concepts. Unless you count that you learned about them both in \"\"Social Studies\"\".  Additionally, the author has no concept of how finance operates.\""}
{"_id": "261247", "title": "", "text": "Oh, I can't wait! I need to upgrade that bladeless fan.  Seriously, **the Dyson fan does have a blade, at the base,** and it wastes tons of energy trying to push the air through a narrow circular opening on top.   Also, Dyson solved a problem that was solved more than 100 years ago using a cage over the blades. And the 100 years old solution also allows to easily clean the blades. Try to do that with a Dyson or Tower fans."}
{"_id": "261258", "title": "", "text": "I've never heard of an employer offering this kind of arrangement before, so my  answer assumes there is no special tax treatment that I'm not aware of. Utilizing the clause is probably equivalent to exercising some of your options, selling the shares back to your employer at FMV, and then exercising more options with the proceeds. In this case if you exercise 7500 shares and sell them back at FMV, your proceeds would be 7500 x $5 = $37,500, with which you could exercise the remaining 12,500 options. The tax implications would be (1) short-term capital gains of 7500 x ($5 - $3) = $15,000 and (2) AMT income of 12,500 x ($5 - $3) = $25,000, assuming you don't sell the shares within the calendar year."}
{"_id": "261271", "title": "", "text": "Organic product Circle Cereal Diamond CBD Hemp oil will help you to remember a bowl of sweet fruity enhanced grain loaded with drain, similar to the one we as a whole love for breakfast.  Precious stone CBD is a top of the line CBD Tincture oil which is mixed with premium CBD rich hemp oil."}
{"_id": "261273", "title": "", "text": "People can and do intentionally hurt other people's credit scores all the time. This is why there are so many services to get your credit report checked, because it is very possibly that somebody did use your social security number to get a mortgage on a house or a car or open credit cards you didn't even know about, or even collections efforts you didn't know about. It is possible that organizations hard pulled your account multiple times and paid for it. The deterrents are inadequate and ultimately leave you with the messed up credit worthiness, regardless if civil or criminal charges were levied."}
{"_id": "261280", "title": "", "text": "No.  You don't need to pay the IRS before such a transfer \u2013 though you'll need to fill out certain paperwork to report the money transfer to authorities if it exceeds a threshold amount.  If the money is income, you'll need to declare it on your income tax return and then pay the taxes due.  If it is a gift, other rules apply and tax may be due.  Do proper due diligence and consult with a trusted tax professional. However:\u00a0  Please see the comments above \u2013 this sounds like a potential scam."}
{"_id": "261293", "title": "", "text": "The government would never do something like this.  What the government needs to do is start creating incentives for factories to produce simple drugs like potassium fucking chloride so it doesn't go on back order again. Companies don't want to make this stuff anymore because there's no profit in it. At one point my hospital was even at risk of not having enough methotrexate for two children to receive their therapy until one of the parents took it to the media.  http://www.fda.gov/Drugs/DrugSafety/DrugShortages/ucm050792.htm  There's the ridiculously long list of drugs on shortage/backorder."}
{"_id": "261299", "title": "", "text": "\"That's the key to modern finance: removing undesirable conditions until the model outcome supports the desired policy or sales pitch.  We're safe because our model says so, and if it doesn't, change the model until it does.  Anything that negatively affects the outcome is an \"\"anomaly\"\" - that anomalies are unavoidable, and will recur, is just an inconvenience better left out.\""}
{"_id": "261300", "title": "", "text": "First, I must say I am a Ramsey fan. Here's the thing, the borrower is slave to the lender, so if you eat Thanksgiving dinner with your generous relative next week, the food will taste different.  Before I was a Dave fan, I borrowed money from my cousin once, and that debt was always hanging over my head.  At times, it made hanging out awkward since I had money to 'go out' but not money to 'pay back.'  It felt great once I paid him off, but the awkwardness was never cool. I'm sure some will disagree (Dave wouldn't), but if you TEMPORARILY stop your 8% contribution, and combine that with your current margin, you could pay off the debt from your cash flow and complete your emergency fund.  Since you said that $11k is 1.5 month's expenses, you would essentially need to double that for a three-month fund or quadruple it for a six month fund.  I know $300 may not seem like a lot, but since I value family over money, I would pay that off today out of the $11k and then replenish and fill the emergency fund.   Also, your expenses will have dropped by $300/mo., so it will take less money to get to three or six month's expenses.  Once that's complete, get your full 8% contribution. FYI: I consider margin to be the difference between your income and your outgo."}
{"_id": "261331", "title": "", "text": "Context is key here. Futures don't really have to do with a time in the future in this context.  Futures are a capital market (futures market), just like Stocks are a market (stock market). Both capital markets have the ability to affect each other. Up until 30 years ago there was a separate use for the futures market, but in the days since they are MOSTLY used for stock derivatives (financial futures are the most widely traded contracts since 1980, hugely eclipsing the commodity futures that the market was designed for.)  So there is overlap and one affect the other, I'm not going to go into too much detail here but basically the futures market trades 24 hours a day, 6.5 days of the week and the  stock market trades 8-12 hours a day, 5 days a week.  So when the stock market closes, the futures market is still running will react and effect the broad stock market.  Hope that gets you started in your research"}
{"_id": "261336", "title": "", "text": "Contacting a limo hire company is easy and hiring a car for personal use is also very easy. But it is seen in a majority of cases that those using these vehicles have no idea of what not do while using them. As a result, they fail to get the maximum benefit of the vehicle or the money."}
{"_id": "261345", "title": "", "text": "If it's real, it's illegal. She needs someone to be a middle man who transfers money and doesn't ask questions. The list of possible reasons should be plenty obvious and range anywhere from fraud to terrorism.  There are thousands of ways to get already transferred money back from your account. If the source of the money is some kind of fraud that's only detected 2 years later, someone will ask you for the money back in 2 years. If real people who operate within legal and moral boundaries want to pay someone, they do not ask someone on Facebook to do it for them."}
{"_id": "261366", "title": "", "text": "Refrigerator Service Center in Hyderabad.If you, the individual have a worry in the fridge in the function and also includes damage in both inner and exterior part; don\u2019t worry here, the Refrigerator Service Center in Hyderabad offers cheap repair service. Whatever, the damage your refrigerator achieved minor or major issue contact the staff in Hyderabad to attain an instant solution.Call Us:040-60506610,60506611,60506622"}
{"_id": "261369", "title": "", "text": "From your updated information, it seems like you are not eligible to deduct a Traditional IRA contribution, at your income since you are covered by a 401(k) at work. Therefore, contributing to a Roth IRA is the only real option in terms of IRAs. However, if you want to have some pre-tax contributions, you can change some or all of your Roth 401(k) to Traditional 401(k)."}
{"_id": "261373", "title": "", "text": "Not generally in my experience.  It is no more difficult than giving up all the extras us Americans feel like we are entitled to.  Just giving some of that shit up, internet, computers, cable/satellite/cellphones, can save an average person hundreds a month.  Don't take long to get to 5k doing THAT.  They choose to be unable to afford it, not that they aren't *actually capable of it* - there are outliers of course but not as many as the average of the bell curve."}
{"_id": "261378", "title": "", "text": "hledger is a free software, cross-platform double-entry accounting tool I've been working on for a while. It has command-line and web-based interfaces to your local data, and some other interesting features. There's also ledger (http://wiki.github.com/jwiegley/ledger/) which is command-line only. These are.. different, but worth a look for some folks."}
{"_id": "261382", "title": "", "text": "Quite honestly, with the current interest rates, you're better off getting a loan, putting the cash into some top performing equity funds and paying down on the loan. If for some reason you're in need of the capital, the stocks are going to be much more liquid.  Being debt free is a good thing, but there is also a right way to leverage yourself. At the end of the day though, and despite what anyone on this site tells you, you need to run the numbers, make the long term projections to determine what's the best route to take."}
{"_id": "261389", "title": "", "text": "\"I agree -- personally, at the expense of some of the convenience you speak of, I use credit unions exclusively. However, my credit union more than makes up for that with   1) online check deposit (only thing you ever need to go to a bank for) 2) ATM fee reimbursement  With those two amenities, I don't need a branch on every corner. I am pretty disappointed with BofA's practices (profiting off of those who are \"\"less responsible\"\" -- to me it's wrong to profit off of people's 'stupidity'), so I would never bank with them. It's just a personal preference because 1) I don't need them and 2) I wouldn't want to indirectly support their business. I can understand why people stick with them, and frankly don't really care, to be honest... I just think they're a fundamentally bad company through and through and would rather keep my money away from them.\""}
{"_id": "261391", "title": "", "text": "backups. fucking backups. from day one of our software project i was warning about backups. four years later, no vendor support, no tested backup and going live with the system. year after that (off the legacy system) the thing goes kaput. good thing I had left before then.   fucking amateurs."}
{"_id": "261407", "title": "", "text": "Whether or not Uber/Lyft are taxi services only matters to determine if they need to follow taxi regulations, which are meant to protect customers. From looking at Uber and Lyft's performance, however, they provide better service at a better price than taxis, so what are those regulations actually protecting us from?   This isn't about these guys trying to get around the law anymore, the business model has been shown to be highly effective, and the laws need to be changed to allow for this new model that benefits consumers more than what we had before. The hurdle now is that the taxi companies have an interest in keeping the barrier to entry high to prevent competition, and that means preventing Uber and Lyft from getting around those barriers."}
{"_id": "261414", "title": "", "text": "Agreed.  The number of capable people who are either unemployed and/or willing to work for less in the world is a few multiples of the entire USA population.    The USA really doesn't need more workers because they cannot compete with the rest of the world.  Unfettered world wide trade might be good for the world, but it is not so good for the bottom 50%-30% of the USA.    Something about concentrated costs and diffuse benefits."}
{"_id": "261415", "title": "", "text": "Discrepancies between what the book value is reported as and what they'd fetch if sold on the open market. Legal disputes in court."}
{"_id": "261423", "title": "", "text": "Not exactly.  My sewing needle example had nothing to do with population growth.  Population growth offsets nothing.  Unemployment percentages would go up as populations grow if there was a net loss in jobs.  Instead unemployment goes up and down just like it always has.    How did population growth offset farmers using tractors to get you more food?  Africa also has seen explosive population growth without using nearly as many tractors as we use, how are they doing?  The fact of the matter is, more things are being produced.  This means more people are buying more things.  Not that there are more people being born buying more things, but people have greater buying power because as more things hit the market their price goes down.  What income class would you have to be in to buy a computer in 1985 compared to now?  What was the capability of producing a computer between 1985 and now?  Automation simply means- This is one area we no longer have to focus on, now we can focus on other areas.   Also where are you getting that we are approaching unsustainable levels of population growth???  Please look up Atlanta vs Barcelona year 2000.  Look at the difference in population per hectare.  How can you say we are quickly approaching that point?"}
{"_id": "261441", "title": "", "text": "Yeah.   They actually have said that their new strategy is not to make money from breakage (people who pay but don't use it). I believe they also guaranteed the $10 deal for a year, but I'm not at all certain so don't quote me on that :)   Instead, they want to make money from the data and, eventually, convince movie theaters to cut them in on sales and/or give them discounts on tickets... both of which depend on people actually using MoviePass.   I think those are really silly plans. The movie data is highly unlikely to cover the costs of the tickets that MoviePass has to buy.   Movie theaters, like studios, are stubborn bastards who have a history of sticking to their guns and refusing to budge even an inch when it comes to certain terms - they also have recently demonstrated a preference for building out their own direct-to-consumer offerings rather than cooperating with third party offerings.   I don't see them getting a ton more traffic from MP customers and more concession sales, and then deciding to give up any of their highly-prized concession sales - considering that most heavy theater-goers likely have a primary theater that they go to, it would probably make more sense for theaters to simply market their own offering to them in-theater and wait for MP to run out of money.   Finally, AMC is the biggest chain and actively wants this $10/month subscription to fail. AMC has announced that it absolutely will not give MP any deals on ticket prices (something that MP is counting on to make this sustainable). Maybe MP is counting on AMC to eventually change its mind, but I don't think that's a smart bet.   OTOH, what the hell do I know? I've been wrong plenty of times before :)"}
{"_id": "261444", "title": "", "text": "I started to work out, step by step, why this doesn't work, but the scenario is too convoluted to make that helpful.  Basically, you're making mistakes in some or all of the following spots:"}
{"_id": "261487", "title": "", "text": "A buy out is agreed by shareholders. Plus most countries have regulation protecting minority interest. Depending on the terms of buy out, you may get equivalent shares of buyer company or cash or both."}
{"_id": "261491", "title": "", "text": "Try the Envelope Budgeting System. It is a pretty good system for managing your discretionary outflows. Also, be sure to pay yourself first. That means treat savings like an expense (mortgage, utilities, etc.) not an account you put money in when you have some left over. The problem is you NEVER seem to have anything leftover because most people's lifestyle adjusts to fit their income. The best way to do this is have the money automatically drafted each month without any action required on your part. An employer sponsored 401K is a great way to do this."}
{"_id": "261492", "title": "", "text": "\"I'm sorry, but if one of your goals is to \"\"get the small house together at the manor\"\", you're already a huge success by almost the entire world's standards.  I don't care if [this](https://gregzavitz.files.wordpress.com/2011/10/1103-linden.jpg) is the \"\"manor\"\" and [this](https://www.theposhshedcompany.co.uk/uploads/products/listings/De_Lange_210317_2_-_Copy.jpg) is the \"\"small house\"\", you're still beating out A LOT of people on the ladder of success.\""}
{"_id": "261514", "title": "", "text": "Because the people creating the bubbles and making money on the bubbles are also major political campaign contributors. The home price rebound deserves an asterisk, btw - mansions are selling like hotcakes, middleclass homes not so much. Non-mansion home prices were rising for awhile because funds like Blackrock were buying them to rent while securitizing the rental income stream, but between management headaches (property management would be like, actually doing something constructive, which hedge funds don't do) and the shaky finances of a great proportion of renters, this gambit isn't working so well."}
{"_id": "261522", "title": "", "text": "Like others have already said, it may cause an immediate dip due to a large and sudden move in shares for that particular stock. However, if there is nothing else affecting the company's financials and investors perceive no other risks, it will probably bounce back a bit, but not back to the full value before the shares were issued. Why? Whenever a company issues more stock, the new shares dilute the value of the current shares outstanding, simply because there are now more shares of that stock trading on the market; the Earnings Per Share (EPS) Ratio will drop since the same profit and company value has to be spread across more shares. Example:  If a company is valued at $100 dollars and they have 25 shares outstanding, then the EPS ratio equates to $4 per share (100/25 = 4).  If the company then issues more shares (stock to employees who sell or keep them), let's say 25 more shares, then shares outstanding increase to 50, but the company's value still remains at $100 dollars. EPS now equates to $2 per share (100/50 = 2). Now, sometimes when shareholders (especially employees...and especially employees who just received them) suddenly all sell their shares, this causes a micro-panic in the market because investors believe the employees know something bad about the company that they don't. Other common shareholders then want to dump their holdings for fear of impending collapse in the company. This could cause the share price to dip a bit below the new diluted value, but again if no real, immediate risks exist, the price should go back up to the new, diluted value. Example 2: If EPS was at $4 before issuing more stock, and then dropped to $2 after issuing new stock, the micro-panic may cause the EPS to drop below $2 and then soon rebound back to $2 or more when investors realize no actual risk exists. After the dilution phase plays out, the EPS could actually even go above the pre-issuing value of $4 because investors may believe that since more stock was issued due to good profits, more profits may ensue. Hope that helps!"}
{"_id": "261549", "title": "", "text": "\"BTW -- you realize I'm the author, right?  And that I've launched not 1, but 2 successful web apps, right?  Just checking.  My whole point is this: \"\"From the investment aspect, roughly 1 in 10 companies that receive investments do not fail\"\" -- is that a cause or an effect? Why do so many ventures fail? They are allegedly started by smart, capable people and funded by people with \"\"experience.\"\"\""}
{"_id": "261583", "title": "", "text": "You'll have to take cash from your Credit Card account and use that to trade. I doubt any brokerage house will take credit cards as it's trading without any collateral (since credit cards are an unsecured credit)"}
{"_id": "261585", "title": "", "text": "The only time it makes sense to take out a loan is: The drawbacks of these 2 points are: Otherwise it's better to pay for the car up front.  You have not mentioned whether you need the car to earn income.  A car will incur other costs such as insurance and maintenance."}
{"_id": "261589", "title": "", "text": "\"Chip and Signature cards do not substantially alter the paradigm you mention in your question. The chip alters how the machine obtains your account number and transmits it for authentication, but it does not significantly alter the interaction with the clerk.  It is solely intended to reduce \"\"skimming\"\" and similar card-number-stealing and card-forging attacks. Specifically, a clerk is still welcome to ask to see the card to verify the signature if they wish, and/or to ask to see an ID to use the card.  Some changes occurred around the same time as introducing Chip and Signature that meant that clerks will be less likely to ask for signatures for certain purchases (raising the dollar amount for no-signature-required purchases, mostly), but those changes are distinct from the introduction of EMV (chip) authentication.\""}
{"_id": "261590", "title": "", "text": "...ok, you understand that the board of directors don't collect all of the profit from a company, and that shareholders can sell stock, right?   It his honestly confusing to me that you have a problem with shareholders being given ownership in a company that is spun off from the company that they own."}
{"_id": "261595", "title": "", "text": "&gt; The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through the roof.  &gt; Why gold? Why not osmium, lithium, or ruthenium?  [[Planet Money](http://www.npr.org/blogs/money/2011/02/15/131430755/a-chemist-explains-why-gold-beat-out-lithium-osmium-einsteinium)] tells you why."}
{"_id": "261619", "title": "", "text": "First you should maintain a monthly expense and find out the burn rate. There would be certain expenses that are annual but mandatory [School fees, Insurance Premium, Property Taxes, etc]. So the ideal emergency fund depending on your industry should be 3 month to 6 months plus your mandatory yearly payments, more so if they come together. For example Most of my annual payments come out in May and I bank on the Bonus payout in April to cater to this spike in expense. So if I were to lose a job in March, my emergency funds would be sufficient for routine expenses, if i don't provision for additional funds Second you need to also figure out the reduced rate of monthly burn and ideally the emergency funds should be for 3 months of normal burn and 6 months of reduced burn."}
{"_id": "261622", "title": "", "text": "Yes, it's a simple calculation. (x+0.0625x)=200 or x=200/1.0625 = $188.24 Technically $188.24 plus tax comes to $200.01. I would just eat the extra $0.01."}
{"_id": "261633", "title": "", "text": "Or I just dont attack him at every single thing he does. I do agree he is an idiot and does stupid shit but the guy literally can't win with y'all. He gets called out for not posting a get well message for McCain and when he does, he gets attacked for it. (Keith Olbermann) This happens with a time difference of 1.5 hours."}
{"_id": "261637", "title": "", "text": "I have read his book(s) as well and agree with his message of identifying poor financial patterns and correcting them.  However, I don't recall the chapter about corporate bankruptcy strategies and defensive financial moves which make you impervious to lawsuits.    Maybe I glossed over that part."}
{"_id": "261640", "title": "", "text": "\"The penny/pink sheet stocks you tend to see promoted are the ones a) with small public floats or, b) they are thinly traded.  This means that any appreciable change in buy/sell volume will have an outsized effect on the stock's share price, even when the underlying fundamentals are not so great.  Promoters are frequently paid based on how much they can move a stock's price, but such moves are not long-lasting.  They peter out when the trading volumes return to more normal ranges for the stock because all of the hype has died out. There are some small-cap NASDAQ stocks which can be susceptible to promotion for the same reason -- they have small floats and/or are thinly traded.  Once someone figures out the best targets, they'll accumulate a position and then start posting all kinds of \"\"news\"\" on the web in an effort to drum up interest so they can sell off their position into the buying that follows.   The biggest problem with penny/pink sheet stocks is that they frequently fail to publish reliable financial statements, and their ownership is of a dubious nature.  In the past, these types of stocks have been targeted by organized crime syndicates, which ran their own \"\"pump and dump\"\" operations as a way to make relatively easy money.  This may still be true to some extent today.   Be wary of investing in any publicly-traded firm that has to use promoters to drum up investor interest, because it can be a serious red flag.  Even if it means missing out on a short-term opportunity, research the company before investing.  Read its financials, understand how it has behaved through its trading history, learn about the products/services it is selling.  Do your homework.  Otherwise you are doing the investing equivalent of taking your money and lighting it on fire. Remember, there's a good reason these companies are trading as penny/pink sheet stocks, and it generally has nothing to do with the notion (the promoters will tell you) that somehow the \"\"market has missed out on this amazing opportunity.\"\"  Pump and dump schemes, which lie at the heart of almost all stock promotion, rely on convincing you, the investor, that you're smart enough to see what others haven't.  I hope this helps. Good luck!\""}
{"_id": "261643", "title": "", "text": "I remember when a  private jet carrying a handful of Revel top executives crashed in Minnesota a few years killing them all.  They were on a trip from AC to discuss the glass facade of the casino with a glass company.  This wasnt too long before the opening if I recall."}
{"_id": "261668", "title": "", "text": "Twitter (and Facebook) are media companies. They make money selling (user generated) content to advertisers. To do this affectively, they need people on the ground in each market who speak the language and know the local customs.  If your question is why don't they make larger profits, is this their focus? Growth is THE major factor in stock price for a startup / newly floated company."}
{"_id": "261673", "title": "", "text": "\"Unfortunately, it's not unusual enough.  If you're looking for a popular car and the dealer wants to make sure they aren't holding onto inventory without a guarantee for sale, then it's a not completely unreasonable request.  You'll want to make sure that the deposit is on credit card, not cash or check, so you can dispute if an issue arises.   Really though, most dealers don't do this, requiring a deposit, pre sale is usually one of those hardball negotiating tactics where the dealer wrangles you into a deal, even if they don't have a good deal to make.  Dealers may tell you that you can't get your deposit back, even if they don't have the car you agreed on or the deal they agreed to.  You do have a right for your deposit back if you haven't completed the transaction, but it can be difficult if they don't want to give you your money back.  The dealer doesn't ever \"\"not know if they have that specific vehicle in stock\"\".  The dealer keeps comprehensive searchable records for every vehicle, it's good for sales and it's required for tax records.  Even when they didn't use computers for all this, the entire inventory is a log book or phone call away. In my opinion, I would never exchange anything with the dealer without a car actually attached to the deal.  I'd put down a deposit on a car transfer if I were handed a VIN and verified that it had all the exact options that we agreed upon, and even then I'd be very cautious about the condition.\""}
{"_id": "261679", "title": "", "text": "\"Once upon a time I ran my own micro hedge fund for a very short time.  I can't recall the term commonly used in the industry for such info, but a few individuals, including the prime brokerage firm's founder, offered information of questionable character.  I refused to trade on any of it, not only because of the borderline illegality, but also because I didn't trust any of it... seemed to be more rumor mill type nonsense than anything else.  Moreover, if they already have that info, then it's already up/down... so it then goes the reverse direction as they take profits.  As is commonly said even in normal investor circles: \"\"buy the rumor, sell the news.\"\"\""}
{"_id": "261684", "title": "", "text": "Those extra treat points have to come from somewhere, and they come from American Express charging merchants a higher percentage than Visa or Mastercard. So it's less attractive for those merchants to accept it."}
{"_id": "261689", "title": "", "text": "\"Drive it around SF with a big sign saying \"\"I have no idea why I bought this, but give me ideas how to make money with it!\"\"  P/S: only drive it down hill in SF. It will not be able to make it up-hill, with the sign.\""}
{"_id": "261690", "title": "", "text": "\"Well centralization hasn't failed so much as we've swung way to heavily to the centralization side.  Just like we'll probably swing to far the other way in response to this because most people can't be bothered to parse out issues on a case by case basis.  Instead they'd rather cling to some narrow set of political beliefs as if its the answers to all the myriad problems life could throw at you.      \"\"The Master Narrative Nobody Dares Admit\"\" is the worlds a complex place and there is no ideology that's ever going to be proven 'right' because there is no ideology that has all the answers.  Rampant kneejerk overuse of centralization is just as bad as rampant kneejerk overuse of privatization or decentralization or anything else. And we're all worse off for it when everyone wan't to play these petty games of who's socioeconomic and political religion is best.  Some things in life are better left decentralized.  Some things are better left centralized.  Some things are better privatized.  Some things are better left as a 'public good'.  There's no magic answer.  People should stop trying to scrabble from one ideology (and I'm not even talking only political ideologies here) to another and just educate yourselves as much as possible and take things on a case by case basis.\""}
{"_id": "261697", "title": "", "text": "I would say it depends on what your long term plans and goals are.  If you are trying to get rid of credit cards and never use them again, then I would say to keep $1000 as an emergency fund, pay the cards off and then save to build your emergency fund up to 3-6 months expenses.  However, if you are just going to run the balances back up, I would save save 3-6 months expenses out of the money you just received and pay down the higher interest cards with what is left over."}
{"_id": "261714", "title": "", "text": "The severity of wealth inequality- more so than its existence- is what I'm getting at when I talk about the Fed. The cantillon effect is a theory that essentially states that the first recipients of stimulus are far better off than those 2 or 3 degrees of separation later.  So if you look at Fed policies, where monetary stimulus is directed only towards the financial system and credit markets, certain parties will benefit disproportionately first before others later. In this case, that would be those employed by the industry (bankers, investors, etc), institutions in that industry (banks, hedge funds, pension/mutual funds), and owners of securities (the wealthy). Spillover effects impact the stock market, real estate, art, etc. and they are not a result of fundamentals, but rather of mis-allocated capital.  What I'm getting at is we don't need central planners (i.e. the Fed) to make decisions regarding the market for money - interest rates - or pursue dubious financial experiments at best to somehow fix problems that they themselves caused in the past (through extended low interest rate environments). Central banking could take a very serious hit if cryptocurrencies become mainstream- which I do not expect for a long time- but it's the best emergent challenger to the existing paradigm."}
{"_id": "261745", "title": "", "text": "Finance is usually urine test, like most non-security/government employers. If anything, banks test once when you're hired or in the first few months after you start, then never again.   Lots of drugs on Wall Street. Uppers are probably especially prevalent among the analyst ranks.   Hiring good people is hard. They're not going to try to find a reason to get rid of you unless they want to."}
{"_id": "261768", "title": "", "text": "At that rate, European schools will soon be overrun by American students. Here in Germany, foreign students pay the same fees as anyone else, which amount to anything between 100 \u20ac and 1500 \u20ac ($125 - $2000) annually at public universities, and there are already quite a few US students. Combine this low cost with a high availability of English-language courses and a fairly good employment situation (unemployment is currently at about 7% as measured by German measuring standards, which amounts to about 5% as measured in the US, and native English speakers are still rare enough that just about anyone can earn good money as a private English tutor), and coming here looks more attractive by the minute."}
{"_id": "261802", "title": "", "text": "Open, high, low, close, volume. The hint is that volume on new years day is 0.  DC's comment is actually a better answer than mine - when given any data set, you should really know the meaning of each cell/number."}
{"_id": "261804", "title": "", "text": "\"Investing is balancing the desire for return against the various risks that your money is faced with. There's also a recognition that an investment will be in place for some extended period of time. Speculation is seeking short-term maximum return, without protecting yourself against risk.  \"\"Speculation\"\" or \"\"Speculators\"\" is often thrown out as a pejorative, but you need speculation to have a healthy market.\""}
{"_id": "261817", "title": "", "text": "\"You could have some of the chaos and create a product for yourself, which is owned fully by you, where nobody would ever be able to fire you or go over your head or oust you or force you to sell.   That's the beauty of bootstrapping.  My essay was not anti-startup and it was not anti-fun-creative-chaos. It was anti-venture capital, anti-pipe dreams, anti-selling-yourself.   My whole blog is pro-building-products because products as assets, which make money -- and the difference between a normal person with a job (even at a startup) and the truly rich is that the rich have assets and the normos just have time.   I aim to be \"\"truly rich\"\" and not sell my time. Thus my 3-year journey into products. Thus my blog.\""}
{"_id": "261818", "title": "", "text": "I still laugh at the whole Skype thing.  They have barely improved it since they bought it and in fact, the Windows 8 version should be pulled and they should put people on the desktop version. The functionality that existed in MSN Messenger that still does not exist in Skype should embarrass everyone.  Want to appear offline to that pesky friend that messages you?  Nope, you have to be offline for everyone or no one.  Want to delete your account?  Nope, that is literally not possible."}
{"_id": "261825", "title": "", "text": "So: What you do:"}
{"_id": "261837", "title": "", "text": "Dear Sir/Madam,    WorldofTrade.com offers exclusive business solutions to both buyers and suppliers of the world. It is a huge pool of data of leading buyers and sellers offers from the world,An online hub of information for all buyers and sellers of multiple trade leads,b2b directory and manufacturers directory from the global marketplace.Register Now...Become a part of more secured of online Marketplace.Our Global presence worldoftrade, Thanks."}
{"_id": "261846", "title": "", "text": "\"Their banking systems basically avoid usury, which is essentially interest, because it is immoral.  So how the lenders make money is by being a \"\"partner\"\" and getting a pre-agreed to amount of profit. However, risk of failure is still on the borrower. In the end the numbers come out the same, they just call it something different.  http://en.wikipedia.org/wiki/Usury#Islamic_banking\""}
{"_id": "261855", "title": "", "text": "MSNBC is **NOT** just as bad.  That's really stretching to make a bullshit false equivalency.  Where are their multiple multi-million dollar sexual harassment lawsuits?  When we see actual, real-world evidence that MSNBC even approaches the gigantic mountain of misogyny at work we see at Fox, then maybe I'll give your claim some credit."}
{"_id": "261856", "title": "", "text": "Banks has to complete KYC. In case you want to open a bank account, most will ask for proof of address. I also feel it is difficult for bank to encash a cheque payable to a business in your account. Opening a bank account in the name of your business or alternatively obtaining a cheque payable to your personal name seems the only alternatives to me."}
{"_id": "261858", "title": "", "text": "$500 per package, with a package representing 100 stocks, or $5k for the entire market from a single source (NYSE, for example).  IIRC that was the neighborhood when I went looking. I actually only needed one index in great detail - I chose the S&amp;P 500, and found a source for well under $100."}
{"_id": "261900", "title": "", "text": "\"To answer the investment aspect takes a bit of math. First, solar insolation numbers:  This represents the average sun-hours per day for a given area. You can see the range from 4 to 6, or 1460 hrs to about 2190 hrs of sun per year depending on location. I believe electricity also has a range of cost, but 15 cents per KWH is a good average.  So, a 1KW panel will produce as much as $328 per year of electricity in a high sun-hrs area, but only $219 in a lower sun-hrs area.  If we agree to ignore the government subsidies and look for the stable price unaffected by outside influence, an installed price of even $2500 would produce a return of 13% and a reasonable full payback over an 8 year period.  I call this installed price a tipping point, the price where this purchase provides a decent return. Some would accept a lower return, and therefore a higher price. As duff points out, this should be treated as the post rebate/tax credit price. Those help to push the price below this point. At the price point where the energy cost per panel is below, the government intervention may be unnecessary. The power companies may find consumer owned panels are the cheapest way to clip the peak consumption which tends to be the most expensive power demand.) One can take the insolation numbers and cost of local power to produce a grid showing the return for a 1KW panel in $$/year. (At this point the cost of money kick in. The present value of $100/yr is far higher today than if short term rates were say, 8%)  Once panels drop to where they are compelling for the higher return areas, I'd expect volume to drive continued improvements in cost and better economies of scale. Initially, the need for storage isn't there, as the infrastructure is in place to drive your meter backwards if you produce more than you use. The peek sun coincides with peek demand and the electric companies are happy to have your demand go negative during those times.  Update - the conversation with Duff led me to research 'demand charge' a bit more. You see, the utility company has to have equipment to generate the peak demand, usually occurring in the early afternoon, say 12N-2PM as the sun is brightest and AC use in particular, highest. I found that Austin energy has a PDF describing the fee for this. Simply put, the last kW of demand will cost you $14.03 in summer months and $12.65 in winter. This adds to $160/yr that a 1kW panel might save the owner. Even if one does capture the full power at peak every month, $100 is still non-trivial. This factor alone justifies $1000 worth of panel cost, and as Duff points out, the government may find it cheaper to use this method to clip peak demand than by funding bigger power generators.  To summarize, the question isn't so much \"\"are they worth it\"\" as \"\"what is a xKW panel worth?\"\" (A function of annual savings and time value of money.) The ever decreasing installed cost for a given system makes solar an inevitable part of the future power technology. I am not a green tree hugging guy, but I do like to breathe fresh air as much as anyone. I'm happy with whatever role solar plays in cutting down pollution.\""}
{"_id": "261901", "title": "", "text": "For those interested in projected social security shortfalls, solvency, and methods of reform, I highly suggest:  http://www.actuary.org/pdf/Campaign_2012_Soc_Sec_120327.pdf  http://www.actuary.org/pdf/SocialSec_Trustees_2011_IB_FINAL_060111.pdf   The American Academy of Actuaries is a nonpartisan governing body of actuaries in the United States, and these issue briefs are relatively easy to follow overviews of the issues with Social Security.  The thing I am surprised the OP article glosses over is that, while social security isn't going bankrupt by the author's definition, benefits will have to be instantaneously reduced by something like 24% in 2024 if we do not reform the program and allow the trust fund to be completely depleted.  This is something we should be fixing now, not 2 years before this happens.  Unfortunately, as is somewhat typical, the government will kick the can down the road because no one wants to be the guy that voted to raise the retirement age, reduce benefits, or raise taxes."}
{"_id": "261902", "title": "", "text": "\"The IRS rules are actually the same.  26 U.S. Code \u00a7 1091 - Loss from wash sales of stock or securities In   the case of any loss claimed to have been sustained from any sale or   other disposition of shares of stock or securities where it appears   that, within a period beginning 30 days before the date of such sale   or disposition and ending 30 days after such date, the taxpayer has   acquired (by purchase or by an exchange on which the entire amount of   gain or loss was recognized by law), or has entered into a contract or   option so to acquire, substantially identical stock or securities,   then no deduction shall be allowed... What you should take away from the quote above is \"\"substantially identical stock or securities.\"\" With stocks, one company may happen to have a high correlation, Exxon and Mobil come to mind, before their merger of course. With funds or ETFs, the story is different. The IRS has yet to issue rules regarding what level of overlap or correlation makes two funds or ETFs \"\"substantially identical.\"\"  Last month, I wrote an article, Tax Loss Harvesting, which analyses the impact of taking losses each year. I study the 2000's which showed an average loss of 1% per year, a 9% loss for the decade. Tax loss harvesting made the decade slightly positive, i.e. an annual boost of approx 1%.\""}
{"_id": "261912", "title": "", "text": "\"IANAL (or an accountant), but there is a useful notion of \"\"technical insolvency\"\" which you it sounds like you probably meet, and which is a distinct concept from actual insolvency. Couple of choice quotes from that link: If a company (or person) is technically insolvent that merely means   that it has a negative net asset value; its liabilities are greater   than its assets.   The significance of technical insolvency depends on circumstances: it   may be an indicator of serious problems that may lead to actual   insolvency, or it may be perfectly acceptable. ... A technically insolvent company is free to keep trading as long as the   directors reasonably believe that the company will be able to pay its   debts, and, again, as long as an upaid creditor does not use the   courts to force a liquidation. which is basically what @keshlam's comment on your question is saying.\""}
{"_id": "261926", "title": "", "text": "\"The language in the starbucks accounts is highly ambiguous. But Starbucks has no treasury shares which helps work out what is going on.  Where it says \"\"respectively\"\" it is referring to the years 2014 and 2013 rather than \"\"issued and outstanding\"\"...even though it doesn't read that way. Not easy to work out. The figures are:  Authorised 1200 2014 Issued 749.5 2014 Outstanding 749.5 2013 Issued 753.2 2013 Outstanding 753.2\""}
{"_id": "261931", "title": "", "text": "\"The supposition at the core here is supposed health risks - and costs- of green house gas on individual realities health? Almost laughable using data in such a way. Further, the attempt to suggest \"\"only\"\" 84 billion cost in regulations assumes regulations and the economy exists in a vacuum. The economy doesn't work like thAt, but then again, given the priorities of the individuals writing/supporting the paper, this propaganda is no surprise. Regulations curb business, income, efficiency, materials usage, individual and collective quality of life and a host of other positive indicators. The lefts obsession with regulation is absurd- and lacks accurate empirical support for long term net gain.\""}
{"_id": "261939", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://themarketmogul.com/central-bank-policy/?hvid=uJZ0z) reduced by 94%. (I'm a bot) ***** &gt; A futures contract would be set at a certain level of NGDP growth, and from the buy and sell orders made on the contract, the central bank would ascertain the market&amp;#039;s prediction of future nominal income and alter its policy rate in a way that would bring those expectations in line with its original target.  &gt; TLTRO. First launched by the ECB in 2014, with TLTRO-II introduced in 2016, the TLTRO program allows banks to borrow reserve balances from the central bank, long-term and with negative rates, of up to 30% of the value of their outstanding loans to businesses and consumers, directly incentivising new loan creation to spur growth.  &gt; The policy has the potential to be far more effective than the aforementioned policy innovations and is likely to be relied upon in an expanded form, which might be referred to as &amp;#039;helicopter money&amp;#039;, alongside negative policy rates, when the next recession occurs.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6v2n2b/a_new_dawn_in_central_bank_policy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~195528 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **rate**^#1 **inflation**^#2 **policy**^#3 **Bank**^#4 **central**^#5\""}
{"_id": "261965", "title": "", "text": "I think the IRS doc you want is http://www.irs.gov/publications/p550/ch04.html#en_US_2010_publink100010601 I believe the answers are:"}
{"_id": "261968", "title": "", "text": "Interest is calculated daily. Doing the math: Between 6-17 and 7-25 are 38 days, 200.29 / 38 = 5.27 interest per day. Between 7-25 and 8-17 are 23 days. 120.02 / 23 = 5.22 interest per day. The minimal difference is because the principal has already gone down a little bit. So you should expect ~5.20 x number of days for the next interest number coming up; slowly decreasing as the remaining principal debt decreases. Note that this is equivalent of an annual interest rate of over 20 %, which is beyond acceptable. In the current economy, this is ridiculously high. I recommend trying to get a refinancing with another provider; you should be able to get it for a third of that."}
{"_id": "261975", "title": "", "text": "\"I used to be in research department for big financial data company.   Tell your son that there are three factors: Most people think that net sales vs. expectations is the only factor.  It might not even be the biggest.  It is simply how much money did company make.  Note that this is not how many units they sold.  For most companies they will have adjustable pricing and incentives in their sector.  For example let's talk about a new company selling Superman Kid's Bikes (with a cape the flips out when you hit a certain speed).  The company has it in Walmart at one price, Target at another, Toys R' Us even cheaper, Amazon (making more profit there), and other stores.  They are doing \"\"OK\"\" come Dec. 1 but holiday season being half way over they slash price from $100 to $80 because they have tons of inventory.  What are looking at her is how much money did they make.  Note that marketing, advertising, legal (setting up contracts) are a bit fixed. In my opinion consumer sentiment is the #1 thing for a company that sells a product.  Incredible consumer sentiment is like millions of dollars in free advertising.  So let's say Dec. 15th comes and the reviews on the Superman Bike are through the roof.  Every loves it, no major defects.  Company can't even supply the retailers now because after slashing the price it became a great buy.  A common investor might be pissed that some dummy at the company slashed the prices so they could have had a much better profit margin, but at the same time it wouldn't have led to an onslaught of sales and consumer sentiment. And the last area is product sell-off.  This doesn't apply to all product but most.  Some products will only have a technology shelf life, some will actually go bad or out of fashion, and even selling Superman bikes you want to get those to the store because the product is so big.  So ignoring making a profit can a company sell off inventory at or around cost.  If they can't, even if they made a profit, their risk factor goes up. So let's get back to Superman Bikes.  This is the only product company ABC has.  They had expected holiday sales at 100 million and profits at 40 million.  They ended up at 120 million and 44 million.   Let's say their stock was $20 before any information was gathered by the public (remember for most companies info is gathered daily now so this is rather simplistic).  So you might expect that the stock would rise to maybe $24 - to which if you were an investor is a great profit. However this company has a cult consumer following who are waiting for the Captain America Bike (shoots discs) and the Hulk Bike (turns green when you go fast).  Let's say consumer sentiment and projections base off that put next holiday sales at $250 million.  So maybe the company is worth $40 a share now.  But consumer sentiment is funny because not only does it effect future projections but it also effects perceived present value of company - which may have the stock trading at $60 a share (think earnings and companies like Google).  Having a company people feel proud owning or thinking is cool is also a indicator or share worth. I gave you a really good example of a very successful company selling Superman Bikes... There are just as many companies that have the opposite happening.  Imagine missing sales goals by a few million with bad consumer feedback and all of a sudden your company goes from $20 to $5 a share.\""}
{"_id": "261983", "title": "", "text": "A questoin that I deal with almost every day.  Like most investments it comes down to.....What is the purpose for this money?  If it is truly a rainy day savings account that you may need in the short term, then fixed income investments like savings accounts, GIC's, Bonds, Bond funds and Fixed Income ETF's are ideal as they are taxed very inefficiently outside of any registered plan (therefore tax free in here).  However if you have a plan in place that has all your short term needs covered elsewhere, I believe this is the place that you should be the most aggressive in your overall portfolio.  If that mining stock goes up by 1000% wouldn't it be nice to put all of that gain in your pocket?"}
{"_id": "261989", "title": "", "text": "Bank products have been pretty common with tax refunds as well, and they are also being heavily scrutinized for the same reasons.  Refund Anticipation Loans (RALs) have been outlawed for future tax seasons due to lack of consumer protection.  What is a bank product, you might ask?  Rather than waiting 7-14 days for the a direct deposit from the IRS, a lot of places like H+R Block and Jackson Hewitt would offer a bank product to get you money quicker.  For this service, they charge a fee (usually $99-$149) which is grossly overpriced for how little work it takes, but if your refund is several thousand dollars, you may not care.  A Refund Anticipation Loan was the most predatory bank product, as it was an advance on your loan for the amount your expected refund.  However, if there were any errors in your return and the IRS decided your refund was less than what your tax preparer calculated it to be, you were stuck with paying back the advance amount, leaving you to foot the bill for whatever errors your preparer may have made.  These loans also had very high interest rates, since usually the people that wanted RALs were also the same people that rely upon cash advances.  There are also Electronic Refund Checks (which ironically are paper checks for the consumer, not electronic deposits), direct deposits, and prepaid debit cards.  Despite the fact that these same methods of refund payments are offered by the IRS themselves, preparers and banks alike sold these to collect fees for essentially no work.  I'm not sure how similar these bank products for student loans are, but I wanted to shed some light on them anyways.  Regardless of how badly you need money, **do not ever accept money through a bank product.**  If it benefited you more, banks and preparers would not offer these.  (Source:  telemarketing at a tax preparation software company)"}
{"_id": "261994", "title": "", "text": "Citing the Yahoo Finance Help page, Beta: The Beta used is Beta of Equity. Beta is the monthly price   change of a particular company relative to the monthly price change of   the S&P500. The time period for Beta is 3 years (36 months) when   available. Regarding customised time periods, I do not think so."}
{"_id": "261999", "title": "", "text": "An actual discussion question? I just wanna push fluff to get traffic on my blog! The millenials did it!!!!  In all seriousness, the housing market is all about supply and demand. Namely, there arent many housing being built across the US right now, so thats driving prices up. Cheap loans also helped diminish the supply because those who could bought up a lot of rental properties since '08. So these things have caused home prices to steadily climb, especially in desirable places to live such as large college towns, Boston, San Fran, etc.  But keeping demand in check are a few thingns too. Rates are now going up and few millenials can afford starter homes due to student debt and relatively lower income in their late 20s than their parents. Plus theyre having less kids at the moment. So thats all pushing demand down, especially in rural areas.  The wild card, IMO, will be the impending recession and the huge sell off in 10-15 years when all the Boomers start hitting their late 70s and early 80s. So theres your major volatility."}
{"_id": "262005", "title": "", "text": "\"Monogram jewelry is the best present for any occasion! Giving a personalized gift shows that you really took the time and effort to pick something special. If you are looking for a monogram gold bracelet that shows off who you are the best lovable person, then monogram jewelry is the perfect option for you! You can visit our website \"\"adriana.jewelry\"\". Here you can get a lot of variety jewelry. We provide you monogram jewelry at affordable price.We have an amazing collection of jewelry.\""}
{"_id": "262011", "title": "", "text": "\"Your argument is biased vastly in favor of the banks:  Doesn't the simultaneous growth of the residential and commercial real estate pricing bubbles undermines the case made by yourself that Fannie and Freddie were at the root of the problem?  Why does your explanation also leave out predatory lending? Or that during 2006, 22% of homes purchased (1.65 million units) were for investment purposes, with an additional 14% (1.07 million units) purchased as vacation homes. During 2005, these figures were 28% and 12%, respectively. In other words, a record level of nearly 40% of homes purchased were not intended as primary residences.   Or that housing prices nearly doubled between 2000 and 2006, a vastly different trend from the historical appreciation at roughly the rate of inflation.  Or that the proportion of subprime ARM loans made to people with credit scores high enough to qualify for conventional mortgages with better terms increased from 41% in 2000 to 61% by 2006.   From wikipedia: So why did lending standards decline? In a Peabody Award winning program, NPR correspondents argued that a \"\"Giant Pool of Money\"\" (represented by $70 trillion in worldwide fixed income investments) sought higher yields than those offered by U.S. Treasury bonds early in the decade. Further, this pool of money had roughly doubled in size from 2000 to 2007, yet the supply of relatively safe, income generating investments had not grown as fast. Investment banks on Wall Street answered this demand with financial innovation such as the mortgage-backed security (MBS) and collateralized debt obligation (CDO), which were assigned safe ratings by the credit rating agencies. In effect, Wall Street connected this pool of money to the mortgage market in the U.S., with enormous fees accruing to those throughout the mortgage supply chain, from the mortgage broker selling the loans, to small banks that funded the brokers, to the giant investment banks behind them. By approximately 2003, the supply of mortgages originated at traditional lending standards had been exhausted. However, continued strong demand for MBS and CDO began to drive down lending standards, as long as mortgages could still be sold along the supply chain. Eventually, this speculative bubble proved unsustainable.\""}
{"_id": "262018", "title": "", "text": "The are legit, I have been a member for more than 15 years. I have used there services many many many times. I have never sold any, I have only been a customer. The friend who sold me the service did very well for himself selling and recruiting."}
{"_id": "262026", "title": "", "text": "Should I pay off the credit cards now or do the monthly payments thing? It need not be a binary choice; you could take the middle ground. Assuming that an emergency fund of $10-15k is sufficient, you could pay off one credit card and do the monthly payment for the other cards. With one card cleared, you may feel better. I would choose to clear the card with the highest interest, followed by the smallest debt first as it's the mathematically optimum way. I should also let you know that there's this debt-snowball method which is not as optimum but has some valid reasons for existing. Choose the optimum way if you're financially disciplined. p.s. I'm not trained financially, nor am I in the industry. Just my two cents."}
{"_id": "262028", "title": "", "text": "\"For the future: NEVER buy a car based on the payment.  When dealers start negotiating, they always try to have you focus on the monthly payment.  This allows them to change the numbers for your trade, the price they are selling the car for, etc so that they maximize the amount of money they can get.  To combat this you need to educate yourself on how much total money you are willing to spend for the vehicle, then, if you need financing, figure out what that actually works out to on a monthly basis. NEVER take out a 6 year loan.  Especially on a used car.  If you can't afford a used car with at most a 3 year note (paying cash is much better) then you can't really afford that car.  The longer the note term, the more money you are throwing away in interest.  You could have simply bought a much cheaper car, drove it for a couple years, then paid CASH for a new(er) one with the money you saved.   Now, as to the amount you are \"\"upside down\"\" and that you are looking at new cars.  $1400 isn't really that bad.  (note: Yes you were taken to the cleaners.)  Someone mentioned that banks will sometimes loan up to 20% above MSRP.  This is true depending on your credit, but it's a very bad idea because you are purposely putting yourself in the exact same position (worse actually).   However, you shouldn't need to worry about that.  It is trivial to negotiate such that you pay less than sticker for a new car while trading yours in, even with that deficit.  Markup on vehicles is pretty insane.  When I sold, it was usually around 20% for foreign and up to 30% for domestic: that leaves a lot of wiggle room. When buying a used car, most dealers ask for at least $3k more than what they bought them for... Sometimes much more than that depending on blue book (loan) value or what they managed to talk the previous owner out of.   Either way, a purchase can swallow that $1400 without making it worse.  Buy accordingly.\""}
{"_id": "262039", "title": "", "text": "It's the levels of immigration. Currently it's limited to ~700K / year. Republicans are against raising that limit. Bannon has advocated for lowering that limit; Trump has made efforts to restrict undocumented immigrants; which means that much MORE needs to be made up by legal immigration. He's also restricted the flow of legal immigration (e.g. limiting the window to apply for H1Bs)"}
{"_id": "262057", "title": "", "text": "It's called starting at the bottom. I know millennials feel entitled to run a firm immediately after they graduate. That wasn't the case 50 years ago and it's not the case today. My first few entry level jobs were also menial"}
{"_id": "262070", "title": "", "text": "This is a clear example of annuities, where you are trying to find Net Present Value (NPV). To find a quick solution you can use the excel function (=NPV). Solving it without excel is slightly more complicated. You have to use the annuities formula:  (Payment/rate) * (1 - 1/(1+r)^n )  This formula can be written in many different ways, this is one of the simplest.  So how do we translate that to your problem? For the first option: -5000/0.04 * (1 - 1/(1.04^2 ) = -9430.47 If you haven't made this years 5000 payment you have to subtract this years 5000, so option 1 would equal -14430,47.  Option 2 is similar -2000/0.04 (1 - 1/(1.04^10 ) = -16221.79 WAIT! You also have to subtract the initial cost so option 2 is -36221.79  So in essence, option 1 is better (but you will have to buy a machine sooner or later).  Part 2 (discount rate = 12%) is for you to understand the importance of high rates in long periods of time (like option 2's 10 years)    EDIT: For clearer formulas. Also made a mistake calculating option 2"}
{"_id": "262086", "title": "", "text": "\"Yes you can. Volvo for example sells \"\"polestar\"\" tunes. Walk into the dealership, plunk down $1600, and your car gains 40 horsepower  from a software tweak. Still maintains the full warranty. Ford sells ford performance tunes the same way. Zero hardware changes. Here is the link http://accessories.volvocars.com/en-az/XC70(08-)/Accessories/Document/VCC-480810/2016\""}
{"_id": "262104", "title": "", "text": "More like the market had a correction. Anybody with two brain cells to rub together understands that WWIII is not happening here. Go buy some defense stock.  EDIT: The trolls downvoting me..how about manning up and actually explaining your take? Or are you too busy buying canned goods for your bomb shelters?"}
{"_id": "262105", "title": "", "text": "Help release stress, reduce anxiety, and energize your body and mind through Diaphragmatic - Deep Breathing Exercises and Pranayama Breathing techniques taught by Sherin Bual in Houston. Check out SherinBual.com today. Sessions offered remotely on Skype or in person. Free 30-minute consult."}
{"_id": "262120", "title": "", "text": "I quote this episode regularly.  So many businesses will gladly take reservations.  Restaurants, car dealer service centers, doctor's offices, etc and then you still end up waiting around.  I spent about eight hours over three visits to get tires put on one of my cars _with_ appointments!  Even after they put the wrong tires on after the first attempt they kept me waiting for hours the second go around.  Guess where I'm never going again.  When I started dating my now wife I took her to a place with a 7PM reservation.  We finally sat around 9PM after another couple told the owner we had been waiting longer than anyone else in the pile of people at the front of the restaurant.  I realize that appointments can run over and places don't want to have unused resources, but I can't fucking stand when places don't _hold_ the reservation."}
{"_id": "262152", "title": "", "text": "Anything can be insured for the right price... this product is offered for devices at higher risk, which would be logical purpose of owner needing coverage for a specific length of time. Typically this would be a type of adverse selection, but TROV targets customers that typically would not require insurance on their device, but as you said they may be traveling and putting their devices at added risk. Like all insurance companies, their Loss Ratio (Losses/Premiums) will depend on the law of large numbers and spread of risk. As we know, the majority of the time trips are taken, electronics make it back home safely. Like many tech companies, their advantage over conventional insurers is likely low overhead costs. Being on a mobile platform, they likely have a fraction of the claims handling cost of a conventional insurer. Payments are likely automated by linking bank accounts, so there is little transaction cost burden on this company. In short, their operation is likely highly automated with few staff and low expenses, allowing them to take on a higher loss ratio than conventional insurers and still leave room for profit. Without having ever used this service, I can tell you they likely price in anticipated fraud, the same way Walmart prices in inventory loss (shoplifting) into their prices. I personally would share your concern that it'd be difficult to combat fraud on such a platform, especially with no claims adjusters whom are typically the first line of defense. Again, I answer this never having used their service, but I work as an Analyst at a large insurer and these would be my assumptions based on what I know of TROV."}
{"_id": "262180", "title": "", "text": "\"Put the whole lot into a couple of low-cost broad index funds with dividends reinvested (also known as accumulation funds) and then don't look at them. Invest through a low-cost broker. There are a number to choose from and once you start googling around the theme of \"\"index fund investing\"\" you'll find them. The S&P 500 is a popular index to start with.\""}
{"_id": "262196", "title": "", "text": "\"You want to \"\"begin building a nice portfolio\"\" comprised of \"\"real estate\"\" and \"\"solar and wind\"\".  There are ways to do that without starting your own solar power farm or buying giant wind turbines, or whole apartment complexes. They're called ETFs. They're diversified and it's unlikely that you'll use the entirety of your initial investment.\""}
{"_id": "262216", "title": "", "text": "Hire an accountant. Now that you're a millionaire, you're going to want to get a professional to do your taxes for you, because you have more to lose if you mess it up. If you're lucky the accountant might even give you better financial advice than you'll get from random strangers on the Internet."}
{"_id": "262218", "title": "", "text": "<< UWCFS Quick CARD >>  denominated in Euros \u20ac steps Fees are here (question 1)."}
{"_id": "262219", "title": "", "text": "If I use my credit card on my ITIN and behave like a good guy (paying   everything on time), will it create history for my SSN next year or   will I have to start from scratch? Yes, you'll keep your history, it will be reported on your SSN when you update your creditors with it. I have an option of using a secured card v/s an unsecured one. Which   one is better from the view of my credit history? The one which you don't have to pay for. Consider the value of money you're using for the secured card, and all the fees and interest you expect to pay. Unless you're planning on a mortgage in the next couple of years, there's no rush with the credit. It is definitely not worth paying money for."}
{"_id": "262227", "title": "", "text": "Just an observation analysis of what has been going on and what the media buzzwords are. Also all of the people who I know that are doing well or are not complaining take care of there health/body, didn't divorce, work hard, educated and are not stressed because they live within there means. Plus I truly believe that our capitalistic society is designed to keep you in debt or keep you needing government/charity help if your poor/uneducated."}
{"_id": "262238", "title": "", "text": "Actually she is. I've been on IR calls many times before and this is different. She is trying to maintain control because Marcato is trying to out the CEO, make bdubs do more franchises and so on. What she is saying is that they are doing everything right, the industry is the only one to blame and that Marcato is incorrect in saying they underperformed."}
{"_id": "262249", "title": "", "text": "\"A quitclaim deed says, in essence, \"\"whatever ownership I have in this property I give to you\"\". Contrast that with a warranty deed, in which the grantor guarantees that he has good title, that he has the right to convey the property, that it is free of all liens and encumbrances, and that he will warrant and defend your title in the event of a breach. Obviously the warranty deed gives you more protection, to the extent that the grantor has the wherewithal to back it up. Regardless, the trend today is to buy title insurance and let the title company deal with those complications.\""}
{"_id": "262251", "title": "", "text": "Try a tool like mint.com that will send you text messages regarding how you budget is going.  If you use mint, set up your budget to send you reminders before you hit your budget.  Example:  if my budget for dining out is $100, I tell mint.com it is $50 and I get nagging text messages after $50 to remind me to keep a lid on my spending."}
{"_id": "262256", "title": "", "text": "I work in internet marketing. Starting an internet marketing company is much like being a novelist, all it requires is some knowledge and the willingness to spend long hours in front of a computer. Long hours in front of computer being constructive vs long hours in front of a tv being nonconstructive. Much the same thing."}
{"_id": "262266", "title": "", "text": "A proper commercial bank will charge lower fees for currency exchange than most other banks .. and banks will charge less than places that just do currency exchange. Actually, I've usually found that the best way to get currency is to use the atm/credit-card networks and withdraw money from my own bank."}
{"_id": "262270", "title": "", "text": "Your question is unclear about whether you are moving from bi-weekly payments or to bi-weekly payments. Let's calculate each case. Bi-weekly pay means you will be paid every two weeks. The amount for each payment will be your annual salary divided by 26, possibly with a small decrease (around 0.3%) to account for the fact that years are slightly longer than 52 weeks (i.e. there are slightly more than 26 two-week periods in a year), and possibly an even smaller adjustment to take account of the fact that some years are a day longer than that. You will be paid literally every 14 days (with some adjustments if a payday falls on a holiday) If you are going to be paid twice a month, then each payment will be your annual salary divided by 24. Typically you are paid on the same days of each month - for example the 1st and the fifteenth, or the last business day before those."}
{"_id": "262291", "title": "", "text": "Starting of 2011, your broker has to keep track of all the transactions and the cost basis, and it will be reported on your 1099-B. Also, some brokers allow downloading the data directly to your tax software or to excel charts (I use E*Trade, and last year TurboTax downloaded all the transaction directly from them)."}
{"_id": "262293", "title": "", "text": "The working class and the rapidly disappearing middle class need to form an army and go to war against the rich. I'm going to visit Gettysburg soon where I will study how to conduct a civil war. Just today I learned that there are groups forming to fight this war. It really needs to happen. Last week over 51 people overdosed in my city from opiates out of sheer economic despair. All the programs intended to help these people will be defunded."}
{"_id": "262300", "title": "", "text": "\"Yea Trump is just shutting down everything, right? So.. less than a handful of instances where the WH doesnt allow certain press is now a threat to our free speech? They treat Trump like complete garbage, its only right he plays their game sometimes.  These media outlets main priority there isnt to report on the president. Instead they beg for a moment where they can create a nice short little segment and say \"\"ah ha, gotcha!\"\". The legacy media is on its way out. Alternatives such as youtube allow people to create videos to really disect information with much less political bias.\""}
{"_id": "262317", "title": "", "text": "&gt;[**\u041f\u0440\u043e\u0435\u043a\u0442\u044b, \u0441\u043a\u0430\u043c\u044b \u0438 \u043d\u043e\u0440\u043c\u0430\u043b\u044c\u043d\u044b\u0435! \u0414\u0440\u0443\u0433\u0438\u0435 \u0441\u043f\u043e\u0441\u043e\u0431\u044b \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435 \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439! \u041a\u0435\u0448\u0431\u044d\u043a \u0438 \u043f\u0430\u0440\u0442\u043d\u0435\u0440\u043a\u0430 [3:42]**](http://youtu.be/ud677aHnoQk)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435, \u043a\u0430\u043a\u0438\u0435 \u043f\u0440\u043e\u0435\u043a\u0442\u044b \u0432 \u0441\u043a\u0430\u043c\u0435 \u0430 \u043a\u0430\u043a\u0438\u0435 \u043f\u043b\u0430\u0442\u044f\u0442. \u0422\u0430\u043a \u0436\u0435, \u0435\u0441\u0442\u044c \u043f\u0440\u043e\u0435\u043a\u0442, \u0432 \u043a\u043e\u0442\u043e\u0440\u043e\u043c \u043c\u043e\u0436\u043d\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^1 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "262322", "title": "", "text": "\"Assuming you are below retirement age, you typically cannot roll money from a Roth IRA into a 401k nor transfer money out of a 401k until you leave the company. Your best bet is to leave your exising roth ira separate from your 401k.  A good strategy for retirement accounts is whenever able (typically when you switch jobs) roll your 401k into a \"\"rollover IRA\"\" (not a roth).   Then you can manage your investments with more options than the 5-20 funds provided in the 401k.   I would recommend against rolling funds into a 401k because of the lack of options in most 401k plans. Also, 401k is pre-tax and Roth is post-tax.   Pre and post tax investments don't mix before withdrawal unless you do a conversion of some kind.\""}
{"_id": "262340", "title": "", "text": "\"Does anyone else find it... \"\"odd\"\"... That the EU keeps spanking uber-successful American companies...  Yet, the US has never needed to do the same to any European companies?  We only go after them for such petty reasons as explicitly funding terrorism or soliciting US tax evaders as their core marketing strategy.\""}
{"_id": "262341", "title": "", "text": "\"Economics will generally be more respected if it is a Bachelors of Science. The BS will have (in general) more quantitative coursework as compared to a BA. The reason that economics PHDs are often valued is for their quantitative skills, hence why you have heard the Economics BA can be a \"\"useless major.\"\" This is not entirely true it can be a great start to a law or government career. Personally I paired an economics degree with mathematics to get a strong quant skillset.   The truth is economics has little practical application in business and if you are truly interested in business that would be the best major to acquire well rounded skills in that area. While you may learn some strategy and high level finance in an economics program you will know little about marketing, accounting, operations and other more nuanced areas.\""}
{"_id": "262358", "title": "", "text": "How is taxing them preventing a donation to their charity of choice? It isn't one or the other. You can be taxed and voluntarily charitable.   The whole GOP point, though, is to make it ALL voluntary charity so if they give, they get to decide who deserves their money and they deserve a big fat tax deduction."}
{"_id": "262400", "title": "", "text": "FedEx was founded as an airline first. So they fell into that protection. Now they are pretty much the same type of company, but UPS is unionized and FedEx is protected from that cost.  http://en.wikipedia.org/wiki/Railway_Labor_Act  UPS spends millions trying to get it repealed and FedEx spends millions trying to keep the exemption. It's really unfair that FedEx has this protection, but at the same time UPS own most of the market still.  Old but relevant: http://www.commercialappeal.com/news/2009/mar/05/house-bill-would-open-fedex-unionization/"}
{"_id": "262405", "title": "", "text": "I only get a 10% FedEx discount using shiprush.com software but this is far cheaper than USPS Parcel Post, plus it has real tracking and built in insurance.  UPS is pretty costly unless you have a contract."}
{"_id": "262408", "title": "", "text": "Why would any of that matter? He said it would give him an edge. It doesn't. He has to be smarter to deal with a normal situation due to his disability. The outcome is the same, but more effort is used to achieve it.  I'm saying that a normal person can use that excess effort to achieve more.   I don't have any statistics, but for every disabled person who outperforms a regular person, there are probably 10 that underperform. It's a called a disability for a reason."}
{"_id": "262428", "title": "", "text": "&gt; Do u find issue with a person having a beer or a couple glasses of wine every other day?   To some extent, yes. Because they are using it as an escape rather than actually getting help. If you can't unwind naturally, theres an issue that needs to be worked on.  With that said, its not a huge deal either as long as it doesn't affect others. Like you don't drive drunk or become annoying to others.   &gt; Same applies to mj most users arent getting completely blasted everyday and i have sources to prove it if youre interested.  The issue become they think its okay to drink and drive, smoke in your face, act stupid when they get high, etc... There are zero rules and restrictions.   &gt; Not trying to be rude but you havent even done your research on mj laws in your own state. Prop 64 is almost identical to drinking laws so you're absolutely incorrect here  I don't see the cops doing anything about people smoking on the street,  etc... Sure they say you can't drive impaired, but I don't see people getting in trouble for it   &gt; Youre right but my point was alcohol is perfectly legal and offers no medicinal value isn't that a bit ridiculous?  Sure, but I didn't make that rule.   &gt; You'd greatly benefit from educating yourself on the matter of mj. There's a reason why many conservatives also support mj legalzation including myself. Id be willing to send u some credible information if you're interested.  I appreciate the offer and I don't think you're wrong about anything you said, but in a place like Los Angeles, you see a ton of troublemakers and trash smoking and causing trouble or being loud and stupid. Much more so than with alcohol from what I have seen.  I think a lot of it is the actual people, but if it wasn't so available, it wouldn't be so bad. That's the issue I have with it."}
{"_id": "262437", "title": "", "text": "Two big differences from the Digg days: 1) apps exist, meaning a large percentage of users will not even notice the redesign if they don't use the website. 2) Digg changed both functionality and design, but I believe reddit is only proposing to change design (so far)."}
{"_id": "262441", "title": "", "text": "&gt; The day colleges went from being institutions geared towards attracting like-minded people interested in intellectual pursuits into education factories crumbling under the weight of administrative bloat is when the classical concept of a college education died.   Hear, hear!!"}
{"_id": "262447", "title": "", "text": "\"&gt;You don't want FDA to review generic applications?  I don't want there to be \"\"applications,\"\" period.  People and their doctors are the best judge of what substances should be consumed for health reasons.  &gt;How would you stop fly by night companies from selling low quality harmful drugs?  I wouldn't.  And yet, the best examples of \"\"harmful drugs\"\" out there, such as heroin, cocaine, etc have all gotten significantly more pure over time without government intervention.  Consumers for some magic reason are demanding and receiving better quality drugs!  How is that happening?  Let me reverse the question for you - why do you want to artificially limit supply of drugs to people, driving up prices?  What good does that serve?\""}
{"_id": "262452", "title": "", "text": "I hope there's so much wrong with what I wrote, I do. Thank you for correcting me. For argument's sake, my following responses will assume that you are talking about the US market. Almost any other kind of argument would take too long to elaborate or expand upon.   In North America, the rules of Capitalism *are* somewhat ironclad, are they not? Did Americans have a debate over whether or not workers even have the right to strike, or collectively bargain, last year? Aside from that, I am aware hat other US companies do in fact offer much better benefits than others. Target, for example, offers much better healthcare insurance than Walmart does. This is among one of many boons that Target offers to its employees. It can be argued that Target treats its employees much better than Walmart, including its part-time employees. Why, therefore, is Target not much more popular than Walmart? My answer would be that the average consumer does not care about much except lower prices, and those consumers that do, do not shop at Walmart, which is still the most popular supermarket chain in the US. The consumers who do shop at a different or more expensive chain are therefore in the minority, whether because of morals or lack of choice. Corporations are amoral. They exist solely to make a profit, and nothing else. Compassion does not come into it. Higher standards are, and will expand, if there is consumer interest in them doing so.   Outsourcing definitely applies here. You've seen the self-checkout facilities available at most stores? When there is a way of scanning every product a person has on them before they exit the store as well as a way of preventing them from exiting the store before they've paid for those goods, you can bet anything on almost every cashier in America being fired from the stores that can afford it. We are very, very close to that, in terms of technology alone, let alone deployment.   The US cannot afford to impose tariffs, unfortunately. With every anti-competitive tariff it imposes, exports and imports go down in the billions of dollar ranges. It is not a coincidence that the Eurozone countries who have led the way in tariffs are those you names in your post. In the age of globalisation, everyone can simply go...somewhere else for their needs. The same unfortunately goes for taxes, import premiums, or anything else that you care to name. I agree with you that fighting for labour rights across the world is the only effective answer to that.  But that will of course never happen. When labour rights issues erupt in the country that the majority of the world's manufacturing happens, most corporations will simply stick with it until their position becomes untenable, and then they will move to a different country, where labour laws are not as as strong. China is this generation's manufacturing bitch, who will be next? Because companies are worrying about this already.They are looking at shithole places in India, and places in Brazil, and places in Ghana, or Indonesia, or anywhere else that can be persuaded to educate a proportion of its workforce to the minimum necessary levels. It's sad but, remember that if any thought is applied to this, the people who make the things that Chinese/Indian/Ghanan/Indonesian make for pennies on the dollar is that those people's wages will eventually rise enough that there can be a middle-class, at which point the companies involved simply move on to a country that does not have a middle-class or a higher-working class. Forever. That's...the multinational plan. Capitalism, remember, is a system based on unlimited expansion. It just is. No arguing round that one.    And finally, 'fiscally sensible' means, to me, that a country retreats from the goddamn cliff it's on when it sees that if it carries on this way, it's truly, amazingly fucked. The debt ceiling fiasco earlier nearly plunged the world economy into recession, in spite of the fact that it should have been a done deal, something nobody anywhere got their tits up about. But no. Politicians literally ransomed it for things that they wanted that were kinda contrary to the interests of the US economy at large, and therefore the fucking WORLD economy at large. If the US had defaulted, it would have fairly literally fucked to rest of us. And I mean the other 670,000,000,000 people alive right now. All coz your Republicans didn't like a black guy. What? Barack Obama does things by pretty classical Keynesian economics. By following those tenets, the whole goddamn world enjoyed a period of uninterrupted growth and prosperity from 1948 to about 1970, depending on where you are. Talk to me all you like about Europe's destroyed industry from WW2 but the simple fact is that the maxim of 'save during booms' and 'spend during busts' created more jobs and helped more economies that you can name. Thanks to political expediency, however, and apparently Reagan, the US at large seems to believe that anything even approaching left-wing politics (and for the purposes of this argument that includes healthcare and, y'know, not caring what or who a woman puts up their vagina) is anathema. It simply isn't accepted, and decried as 'socialism' by any opponents. These arguments and these debates literally don't make any fucking sense to the rest of us. Not even a little bit. Abortion, gay marriage, legalizing marijuana, *NOT* invading other countries. These issues are settled for the vast, vast majority of us. It's fucking insane to us that they aren't for you.   In fairness it is, however, because of your politics that you can't do any of these things. You are a nation of three hundred and fifteen million. It can't be expected of you that you have a consensus on these issues. But what gets us is that you never fucking try. We have the European Parliament, imperfect though it may be. It still gives us a voice in issues as basic as gay marriage or abortion. We aren't in permanent deadlock over things as unimportant as this.   I don't mean to paint Europe or anywhere else as some kind of paradise. Just that companies in Europe seem to just not care; companies in the US seem to be out to try and actively fuck you.     Quick edit: holy shit that was a long reply, don't bother reading it.   TL;DR: Companies don't give a shit if they fuck you or not unless market conditions"}
{"_id": "262468", "title": "", "text": "Don't forget to also build up an emergency fund - retirement saving is important, but you don't want to be caught in a situation where you need money for an emergency (lose your job, get hit by a bus, etc.) and it's all locked away in your 401(k)."}
{"_id": "262476", "title": "", "text": "You have not indicate your country of residence or that of your friend. The fees would depend on this.   Normally within US transfer of funds between paypal acounts is free. Transfering Outside there is a small charge. Further if when you withdraw the money to your bank account there would be a small fee. Refer to When it's free and when there's a fee on Paypal for more details."}
{"_id": "262485", "title": "", "text": "No you will have no problems. It's been fourteen years since I've lived in the UK and I've had no trouble with my UK bank accounts in that time. They have happily mailed me statements and new cards abroad for all that time, and I've deposited cheques by mailing them to the branch. Online banking takes care of almost everything else.  The only thing I wasn't able to do from abroad was open a new account, because of anti money-laundering regulations. Even that may be possible if you presented the right kind of ID when you opened the original account - mine predated the regulations. Most UK banks will also offer 'offshore' banking for non-residents in which interest is not deducted at source."}
{"_id": "262491", "title": "", "text": "&gt;Oil is important because without it US can't go to war  That's may be a reason but its far from the main one. Without oil the whole economy shuts down instantly. People can't get to work or stores to buy stuff. We can't run diesel peaker plants for electricity demand as easily either (although that's changed some due to natural gas).  We use so much god damn oil that if supply is cut off for a day or two, everything stops. While grain is very important, that doesn't happen with food commodities. We actually grow so much extra food that we turn a lot into oil. If food was short, we'd stop doing that (I hope).  Lastly, we scrutinize it in the media because our main supply is external. A lot comes from Canada sure, but the middle east is a major component of our supply. If those lines are cut off, prices surge. That *used* to hurt us bad because wed have to buy from more expensive sources (offshore, south america, anywhere else really). Now, small bumps in price are helping the US economy because of shale gas production in PA and Ohio. So oil is a very political commodity on the global stage. Look at Venezuela right now with low oil prices cutting off demand for their more costly oil.   TLDR Oil is the feedstock for our economy and its a scarce resource."}
{"_id": "262496", "title": "", "text": "I'm not going to tackle the 2nd part of your question, as any number of the questions tagged with international-transfer should cover you on that. There's no way to transfer an ISA into an Australian tax-free savings account, so no need to worry about anything special there. Don't forget that the FX rates change quite a bit over time, and different methods have varying fees, so moving at the wrong time could easily cost you more than the missed interest! For the first part, it depends. One thing you should seriously consider right away is switching your ISA money into one paying a better rate. Check the best-buy tables online or in a paper, as you can get a lot better than 0.1% on a transfer in, even with current depressed rates. At least that way you'll earn more interest while you decide. As for when to transfer, that's something you'll have to calculate for yourself, based on your marginal tax rate, and your view of how the FX rates will shift. If you're a 40% taxpayer, then 2% in an ISA is worth the same to you as 3.3% gross. Don't forget to consider both your UK and Australian tax rates in the year you move, as most likely you'll have to pay the higher of the two. The westpac rate looks like you might struggle to beat a decent ISA over the course of a year, were you a higher rate tax payer. Oh, and don't forget that you'll likely loose the tax-free status of your ISA once you're an Australian tax resident, so you'll need to start paying tax on interest earnt in the ISA once you're out there."}
{"_id": "262510", "title": "", "text": "Yes. it is possible, I have seen many times banks permitting overdrawing and later charging a high courtesy fees. Of course in many countries this is not permitted. In one of my account, I am running negative balance as the bank has charged its commission which is not due."}
{"_id": "262517", "title": "", "text": "Even the most basic knowhow when it comes to household plumbing can seem like such a complex maze for the uninitiated, which is why renowned experts for plumbing in Saskatoon, like the folks from Perfection Plumbing &amp; Drain Cleaning, are eager to lend homeowners a hand."}
{"_id": "262521", "title": "", "text": "Donations need to be with no strings attached. In this case, you make the cash donation, a deduction, and then they pay you, in taxable income. It's a wash. Why not just give them the service for free? Otherwise this is just money going back and forth."}
{"_id": "262524", "title": "", "text": "Try to get a second card in your business' name, with a separate card number (like you would get one for a spouse). They may or may not allow that free (you wouldn't want to pay a second fee), and it might be only possible with the second card bearing the same number, which makes it useless. But it is worth a try."}
{"_id": "262528", "title": "", "text": "I may be hyperbolic here, but I get the feeling that Bezos, at the end of the day, wants to own me &amp; my family. Soon no one will be able to spend a day without using or buying from one of his businesses. Also, how was this and the Whole Foods deal kept so quiet?"}
{"_id": "262529", "title": "", "text": "I second this. You should be able to keep them in place. As far as I know, you can leave the HSA funds with the existing administrator indefinitely, unlike a 401k. I'm not certain of that rule, but I think that is accurate. It is possible the current administrator may include a maintenance fee or something, so watch it.  I left my employer 4 months ago and have kept my HSA with the same administrator. I don't recall hearing anything in the exit paperwork about a requirement to move, I haven't received anything in the mail telling me to move it, nor have any fees or other charges been implemented that would cause me to move."}
{"_id": "262530", "title": "", "text": "Google inquiries (Auto-propose) \u2013 Content can be made in view of the prerequisite and web crawlers give enough choices to individuals to locate the correct catchphrases with the assistance of Dubai local seo master. You can presumably pay special mind to a watchword by writing a specific expression on the Google look box. Google inquiries are a standout amongst other alternatives, which can be comprehended by anyone chipping away at an article or a blog. Google auto-propose instrument is generally utilized by SEO organizations in UAE, where they can check by setting their undeniable catchphrases to check for the auto-recommended watchwords."}
{"_id": "262531", "title": "", "text": "&gt;Any one of those could have been a winner.  There's a bit of genetic variation in sperm, thanks to recombination, but ultimately it all comes down to what your father got from his own mom and dad. So, basically, when your mother picked your dad, she also picked her in-laws, and thus restricted the range of possible sperm outcomes."}
{"_id": "262532", "title": "", "text": "\"Every company with a \"\"Strong Culture\"\" Ie Office bars and happy hours, nap rooms, pool tables, zen/mediating rooms, etc,etc seem to be the most successful. Its unfortunate that they people pay for no work/life balance... but at least they get to get drunk in the office...\""}
{"_id": "262539", "title": "", "text": "Many in this thread appear to have little knowledge about the history of anti-trust law in the US. 50 years ago it would be inconceivable for any one firm to have as much market dominance as any of these 3. We need a rethinking of anti-trust law that properly addresses internet monopolies.   If you haven't read it yet, I highly recommend this paper by Lina Khan on Amazon's market dominance and anti trust: https://www.yalelawjournal.org/pdf/e.710.Khan.805_zuvfyyeh.pdf  Barry Lynn and the Open Markets Institute are doing great research here as well."}
{"_id": "262541", "title": "", "text": "Bokf\u00f6ring, kvittoredovisning, fakturering och l\u00f6nehantering har aldrig varit enklare. Som kund hos oss f\u00e5r du tillg\u00e5ng till ett av branschens, i v\u00e5rt tycke, b\u00e4sta digitala verktyg f\u00f6r bokf\u00f6ring online som passar alla bolagsformer. Allt samlat i en l\u00e4ttillg\u00e4nglig app. Vi finns sj\u00e4lvklart till hands f\u00f6r att ge support i hur du anv\u00e4nder verktygen. http://fortner.se/redovisning-och-bokf%C3%B6ring-app/"}
{"_id": "262542", "title": "", "text": "There are articles around about Netflix's content strategy and what you describe is exactly their goal. Take risks, get amazing content but also many failed experiments. If my memory isn't too bad, they were aiming to cancel 80% of their new shows after one season. Netflix's infrastructure allows them to determine if a show is successful instantly, they don't need 3rd party surveys to know how many people watched a show."}
{"_id": "262546", "title": "", "text": "\"Outside of broadly hedging interest rate risk as I mentioned in my other answer, there may be a way that you could do what you are asking more directly: You may be able to commit to purchasing a house/condo in a pre-construction phase, where your bank may be willing to lock in a mortgage for you at today's rates. The mortgage wouldn't actually be required until you take ownership from the builder, but the rates would be set in advance. Some caveats for this approach: (1) You would need to know the house/condo you want to move into in advance, and you would be committing to that move today. (2) The bank may not be willing to commit to rates that far in advance. (3) Construction would likely take far less than 5 years, unless you are buying a condo (which is the reason I mention condos specifically). (4) You are also committing to the price you are paying for your property. This hedges you somewhat against price fluctuation in your future area, but because you currently own property, you are already somewhat hedged against property price fluctuation, meaning this is taking on additional risk. The 'savings' associated with this plan as they relate to your original question (which are really just hedging against interest rate fluctuations) are far outweighed by the external pros and cons associated with buying property in advance like this. By that I mean - if it was something else you were already considering, this might be a (small) tick in the \"\"Pro\"\" column, but otherwise is far too committal / complex to be considered for interest rate hedging on its own.\""}
{"_id": "262556", "title": "", "text": "Supplier of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php Shri Vinayak Industries-Though we manufacture our talc product and other mineral products in India, we supply and export our Talc products chiefly to Vietnam, South Korea, UAE, Malaysia, Taiwan, Thailand, Saudi Arabia, and Indonesia. We Inquire and place order immediately hence always complete delivery on time. We have well packaged Talcum Powder ready stock for sale."}
{"_id": "262561", "title": "", "text": "\"&gt;According to the article, I think the operative word is \"\"train,\"\" not \"\"push.\"\"  Or \"\"gain job experience\"\".  &gt;Another thing that I did not see this article address is that there really is no loyalty within companies any more. Companies view people as a commodity (but yet don't believe in the free market principle surrounding a commodity), instead of treating people as a resource. **Hence people are ready to walk away when they spot a better opportunity.**  People shouldn't be viewed as *either* a \"\"resource\"\" (to be exploited) or as a \"\"commodity\"\" (to be sourced/discarded) -- rather any *intelligent and KNOWLEDGABLE manager* (basically meaning NOT an academically trained MBA type) will realize that he is building a TEAM, and that people ARE the business -- no factory, however \"\"automated\"\" will EVER run itself without at least SOME highly skilled people who know how the whole operation works (and where it *doesn't work* and needs watching/tweaking); and even more so with other businesses. Systematizing things is great, documenting processes is good, but none of those things can replace a solid person who knows the operation.  And, I have always LOL'ed at the irony of companies who want to \"\"hire from their competitors\"\" -- but then somehow believe that their competitors aren't going to do the same to them (and even want to cry \"\"foul\"\" when it does happen).  The idiocy... it's palpable.  ---  Likewise, as the author/speaker identifies with the \"\"applicant screening software\"\" built on top of what at least used to be called an \"\"expert system\"\" -- this reveals that crafting such a system is a LOT more difficult than many imagine (and the error is really in the \"\"requirements\"\" and specification than merely the programming), and that rather than an \"\"expert\"\" system, what you are more likely to end up with is an \"\"idiocy system\"\" that creates an even worse problem.  So anyone claiming a \"\"skills gap\"\" and that they cannot find good people (especially in THIS economy) -- is just proving themselves to be a prime example of a failure of management.\""}
{"_id": "262575", "title": "", "text": "\"&gt;Sorry... I'm a software engineer not an academic.  From the way you have viewed things -- that everything can be measured by quantity -- you are in fact coming from an \"\"academic\"\" perspective (the same as the \"\"idiot manager\"\" MBA's).  &gt;My assumption is that you can measure things like average throughput on a checkout line, or number of widgets assembled on an assembly line (and possibly the defect rate of those widgets), or pounds of fries dumped in the trash because they got cold before being served relative to fries served. Is this not the case?  No, it is not the case; certainly not as you seem to imagine it.  A single fast food worker does not simply stand in front of the french fry vats making fries all day long, and the metric of the \"\"fries dumped in the trash because they got cold before being served relative to fries served\"\" is used in the management of the overall operation (how many fries to make and when); *but they are emphatically NOT used as a 'performance measure' for the general workers (how could  they be, the worker does not decide how many fries to make, the 'system' and the shift manager makes those decisions.*  Likewise with the \"\"number of widgets assembly on the assembly line\"\" -- again the defect rate is known (and typically only varies when something major has gone wrong with one of the machines/processes) -- seldom is the actual worker responsible for anything major as far as defects (people with QA responsibilities might be \"\"thumped\"\" for failing to catch a bad batch -- a signal that they are likely simply NOT doing their job at all, rather than the quality of work). But the actual quantities produced are a matter of scheduling &amp; planning via MRP systems (aka or MRP II and ERP).  So, as I said... your ignorance (which has then turned into arrogance) is showing.  &gt;In my field we measure things like the change in average time to launch, or the revenue impact of features, or the change in performance metrics, etc.   LOL.  The attempts to measure software engineering are among the \"\"most failed\"\" category of performance measurement.  Everyone in management basically keeps repeating the same stupid mistakes that were already proven worthless in prior iterations.  &gt;They're all proxy measurements though. Poor performers are generally much easier to spot than high performers. Mediocre performers can generally get through things, but may not earn promotions etc.  Don't kid yourself. Poor performers in terms of actual quality &amp; quantity of code will often still be promoted for several \"\"political\"\" reasons; they are probably better at \"\"managing up\"\" than the better coders are (IOW, they suck up to the \"\"idiot manager MBA\"\" boss better, regurgitate the latest party line of buzzwords/phrases on a regular basis, are not seen as \"\"troublesome\"\" {adamant/insistent on quality or consistency} and are seen as \"\"team players\"\", etc.)  About the only \"\"poor performers\"\" that will be easily spotted are those who are totally incompetent/unqualified -- and really, they are an indication of poor management in that they should never have been hired in the first place.  And the true \"\"high performers\"\" in software are in fact fairly easy to spot -- provided you know what to look for (and don't get caught up in ridiculously inane and worthless proxy performance metrics -- which are all too often \"\"how well/often did you kiss the boss's arse/comply with some meaningless process steps\"\").\""}
{"_id": "262589", "title": "", "text": "\"I don't see EWQ6 in any of your links, so I can't say for certain, but when you buy an option contract on a future, the option will be for a specific future (and strike).  So the page you're looking at may be for options on E-mini S&P 500 futures in general, and when you actually purchase one through your broker, you pick a specific expiry (which will be based on the \"\"prompt\"\" future, meaning the next future that expires after the option) and strike. UPDATE: Based on this page mirror, the option EWQ7 is an option on the ESU7 (SEP 2017) future.  The next 3 monthly options use ESZ7 as the underlier, which confirms that they use the next prompt future as the underlier.\""}
{"_id": "262591", "title": "", "text": "Tell your broker.  You can usually opt to have certain positions be FIFO and others LIFO.  Definitely possible with Interactive Brokers."}
{"_id": "262594", "title": "", "text": "Don't know about rest of the world but oat based milk products (yoghurt, milk, cream, anything) and other similar plant based products (soy being biggest) are currently a huge trend here in Finland. Their major consumers are urban folk (more expensive than regular milk) but it is spreading across the country"}
{"_id": "262597", "title": "", "text": "The issue is should you get one large policy or several smaller policies. Multiple polices have flexibility becasue if the need goes away you can drop the policy. The problem with multiple small policies is that there is overhead that you pay for multiple times. Assume that you want 100K coverage and are age x. That policy will cost you a certain amount based on a base amount plus a percentage of the coverage. The percentage is based on age, sex, smoking, health. If you double the coverage the price doesn't double becasue the base amount is constant. This base amount covers the cost of setting up your policy and maintaining the records and billing.  Keep in mind that the coverage you are asking about is not the mortgage insurance the lender makes you purchase when you have a small down payment. You are asking about a policy to cover your debts and still provide money for survivors. Go with your current agent company and ask them to run the numbers: new additional policy, increasing amount of current policy. Go with what meets your needs. Buying a house is one of those life events where you should review your insurance and retirement needs, and adjust accordingly."}
{"_id": "262635", "title": "", "text": "Disney is an extortion racket and has been for a long time. They're the reason that copyright laws are so messed up, they're trying to claim copyright on clear public works etc......  This is very similar to Apple, or Netflix's arguments with the content producers.  There are now no distribution costs (or relatively none) and Disney believes this is another way they can screw the customer and extort more money for the product. Amazon is innovating and attempting to pass the savings on to the consumer.  This isn't news. Businesses have pricing disputes all the time, and Disney will suffer for this.  Proof is in the pudding, The Beatles didn't exist on iTunes for a long time and the Beatles suffered more than iTunes. People didn't stick with a disc-man or carry any other mobile devices to listen to their legitimate Beatles songs. They just stopped listening or acquired it illegally.  Netflix is still going strong despite missing a LOT of premium content that the producers think netflix can't survive without. They're holding out for a payday that won't happen.  Disney is doing the same. It won't work."}
{"_id": "262643", "title": "", "text": "&gt; The study, as far as I can tell, does not adjust for government expenditure.  I think that is unnecessary.  Unless countries with wealth taxes are going into debt faster or slower then the average, the economic stimulus should come out in the wash."}
{"_id": "262649", "title": "", "text": "So they're saying that Apache published a security flaw, script kiddies in china started scanning populare sites for an opening, and they found the hole in equifax.  They then spent **months** exploring it, before they sold the opening to another unnamed group who exploited it.  Why would anyone jump to a conclusion that it was state sponsored?   &gt; some investigators inside Equifax   Ohh... This is just an internal group trying ot justify the company's massive fuck-up.  Okay. Got it."}
{"_id": "262672", "title": "", "text": "\"I'm 25, make ~40k/yr, have about 18k in investments right now.  all money I've earned mind you.  I sold some stock last year for a capital gain of 1800.  that's a cap gains tax of $270, if the cap gains tax didn't exist I would have paid 450.  that's an extra $180 in taxes that hits me right in my middle class, trying to build a nest egg, guts.  would you please stop with all the bullshit about the capital gains taxes being there for the \"\"moneyed elite\"\"  you can see how just a small sale could have incurred extra taxes for me, could you imagine someone who may be older and has larger gains to report?\""}
{"_id": "262680", "title": "", "text": "Your plan sounds quite sound to me.  I think that between the choices of [$800 for Loans, $300 for Retirement] and [$1100 for loans], both are good choices and you aren't going to go wrong either way.   Some of the factors you might want to consider: I like your retirement savings choices - I myself use the admiral version of VOO, plus a slightly specialized but still large ETF that allows me to do a bit of shifting.  Having something that's at least a bit counter-market can be helpful for balancing (so something that will be going up some when the market overall is down some); I wouldn't necessarily do bonds at your age, but international markets are good for that, or a stock ETF that's more stable than the overall market.  If you're using Vanguard, look at the minimums for buying Admiral shares (usually a few grand) and aim to get those if possible, as they have significantly lower fees - though VOO seems to pretty much tie the admiral version (VFIAX) so in that case it may not matter so much. As far as the target retirement funds, you can certainly do those, but I prefer not to; they have somewhat higher (though for Vanguard not crazy high) expense ratios.  Realistically you can do the same yourself quite easily."}
{"_id": "262687", "title": "", "text": "The roofing situation is clear.  H2B visas distort the roofing labor market by reducing prevailing wages with lower-paid immigrant labor.  This allows companies to offer products at unnaturally reduced prices.  It would be unrealistic to try and run a business with local US-born labor, that's higher priced.  If your competitors can hire low-priced foreigners, you need to do it too (unless you can somehow find locals at the same price/quality/productivity).  If the H2B labor supply was cut off, then it's likely that no roofing companies could find labor for $17/hr.  They'd have to raise wages, take fewer jobs, or go out of business.  This would raise prices.    Customers wouldn't be happy, but they'd pay the price because they need roof work done.  All vendors prices would go up equally.  This process may take time.  There's a shortage.  Prices go up.  Wages go up.  Jobs become more desirable.  More workers get trained in the field, increasing the supply of labor.  This occurs until the labor supply is back in balance.  On a side note, this particular business owner sounds like they need better marketing.  If prospects want low priced work, they're going to get low-quality results.  If she wants to sell a premium roofing product, she needs to differentiate it from everyone else.  No customer spends more money just to support someone else's employees.  If she can only get penny-pinching customers, she needs to do penny-pinching work."}
{"_id": "262691", "title": "", "text": "I would say it's all relative. Take the following two scenarios: If you were facing these options, would you chose #2 just because you pay a lower tax rate, even though you make less money? These numbers are of course fictional, but the point I'm trying to make is that everyone will seek the method that allows them to make the most money. If they have to pay a higher tax rate, so be it. One other thought: daytraders will have higher expenses, which are deductible."}
{"_id": "262706", "title": "", "text": "&gt; One is whether prices are correlated to each other for long periods of time as a preliminary study suggested (which would go against efficient markets hypothesis, since you could use that info to game the market) or if that result is illusory and the long term returns are close to a standard normal distribution which would follow the effiecient markets hypo.  The fascinating thing about this is that the returns themselves show no correlation at all (at any time scale), but the *absolute* returns do.  i.e. following a sharp rise/drop in price, you can predict that a sharp rise/drop is likely to follow, you just can't say in which direction.  And this effect carries over for long periods.  Given that by the central limit theorem the sum of identically distributed random variables converges to a gaussian, leads one to think that short term returns *ought* to be gaussian also.  However, they're not.  Evidently there is something very subtle going on."}
{"_id": "262721", "title": "", "text": "Square prices are hard to beat for a small operation. I've looked around when I was considering starting up a business, and they're definitely one of the cheapest. Paypal are the second best, but I do not trust Paypal in general. However, looking locally may provide you some more options. If you walk in to one of the local banks, you may be able to get offers for merchant accounts with better rate, depending on your relationships with that bank. You can also check out Costco merchant services, they seem to be quite competitive with the rates, but there may be other costs (they will probably charge more for equipment)."}
{"_id": "262727", "title": "", "text": "Hey, not really related, but could I ask you some questions through PM? I'm a rising junior majoring in finance and minoring in stats with interests in corporate banking/credit risk, but I'm really interested in the buy-side work you do/your dealflow experience/industry expertise/analyst experience before Associate"}
{"_id": "262730", "title": "", "text": "Buy a foam chair for your child then bring it home and find out she can't sit in it?  Buy a dish set then discover your wife already bought one and didn't tell you?  Buy a bunch of hooks then discover after opening the first they won't work for your application?  Three examples off the top of my head. There are LOTS of other situations."}
{"_id": "262733", "title": "", "text": "Assuming I only use it to buy things I can afford (which I trust   myself to do), essentially treating it as a debit card, is this a good   idea? This is definitely a good idea. From my own experience, before I got my first credit card through my local bank (age 18), I tired to apply for a card that has cash back rewards and was rejected because I didn't have any credit history. After I had the card from my bank for 6 months, I applied for this Capital One card that I've had ever since."}
{"_id": "262737", "title": "", "text": "\"You should read a bit about what \"\"national treatment\"\" means in a trade context. It means treat the company exactly as you would if they were local to you. For example, if a US company wants to do business in your country, you must let them in if they are the low bidder on the job. *And vice versa*. Most importantly, you cant just give people jobs because they are locals. Even in areas like teaching and healthcare.  Have you ever heard [of TISA?](http://www.youtube.com/watch?v=2_pPqnbXpA4)\""}
{"_id": "262761", "title": "", "text": "I am not sure how they do it in the Nordic countries, but here in the US a lot of company owners like myself are taxed through the corporation. So in effect, raising taxes on corporations is the same as raising taxes on the business owner. That being said, I kind of agree with the sentiment of the article. If you lower taxes on me and my company, that money is going into savings. That money isn't going to be reinvested. Our budget is where our reinvestment comes from, not extra cash at the end of the year."}
{"_id": "262772", "title": "", "text": "I wouldn't recommend paying off the debts.  Both are low-interest tax-deductible loans that you've been handling well enough to have significant savings, and you can likely earn a higher interest rate by investing than you could by paying down the debt.  Putting your money into vanguard ETFs or a betterment account will likely be better in the long run."}
{"_id": "262808", "title": "", "text": "You can borrow against a 401k for 5 years. This defers any penalty fees that the IRS mandates. Put the cash back in your 401k within those 5 years. you can also solo administer 401k plans even if you have an unincorporated business, so you can start one of those if you have any other form of cashflow, and there may be a way to get the other plan rolled into your solo one.  http://www.irs.gov/publications/p560/ch04.html#en_US_publink10009053"}
{"_id": "262826", "title": "", "text": "There goes that myth again, that Ford paid his workers well out of the goodness of his heart.  [This article](http://www.forbes.com/sites/timworstall/2012/03/04/the-story-of-henry-fords-5-a-day-wages-its-not-what-you-think/) looks into the actual reason early Ford workers were paid well, which was primarily to cut the massive turnover rate of overworked employees, and the costs of retraining new hires."}
{"_id": "262832", "title": "", "text": "You really need to calm down. Theres no need to get angry over some useless post on the internet.   Are you saying that if the government took away apple products, the people would overthrow the government or riot or something along that line ? Because if thats true, thats quite pathetic.  The government could also just ban apple from selling its products while still manufacturing them in the country or just block the app store. The government knows what power it has and apple has to keep in line to be able to keep doing business there.  For someone living in china, you really dont seem to see that. And hundreds of factories ? dozens maybe, not hundreds.  Also your english is very good. Kudos."}
{"_id": "262847", "title": "", "text": "Well, there's a lot more poor people entering the market than there are rich people, err I mean job creators !  So the job creators have more choice to pick the lowest bidding supplier, causing all the poor people to try and undercut each other.  Eventually, all the poor people will have jobs and incomes will stop going down. Let's just hope we're not eating bread made with sawdust by then."}
{"_id": "262864", "title": "", "text": "&gt; all the ports for slave trade were on the far West horn  There was an eastern slave trade as well which was actually much larger than the western slave trade.  There were several ports for the slave trade up and down the entire eastern side of Africa.  Regardless, a better analogy would have been Madagascar.  When Africans first settled there in ~1000AD, they ran into a native population (originally from SE Asia) similar to how the Europeans ran into Native Americans.  Now, Madagascar may be doing slightly better than Zimbabwe, but it's still doing pretty poorly."}
{"_id": "262885", "title": "", "text": "\"What you are looking for is a Money Coach or a Personal Finance Coach. From mymoneycoach.com: \"\"Money Coach: Everyone uses money, but few people fully understand how to use it wisely. To be debt free and enjoy a comfortable lifestyle takes special skills. Money coaches provide solutions for household budgeting, investing, using credit wisely, and saving for retirement. With the principles offered by a money coach, you can live the life you want to live.\"\" Usually money coaches or personal finance coaches will not tell you \"\"you should put your money here or there\"\" but instead they will work with you to identify and correct bad money behaviours that affect more than just your investments, and they will not sell you anything. Maybe you could take a look at some coaches in your area, but a lot of them work via the internet too. Good luck!\""}
{"_id": "262895", "title": "", "text": "If it was me, I'd wait until/if you get contacted again by the collection agency.  Once you do, I'd offer to settle for less.  Perhaps 1000-1250 to start, and I would not go any higher than 2K.  Get it in writing that this settles your debt in full, and do not give them direct access to your checking account. You can pay them by certified check or with a prepaid credit card or something.  If you do the latter, throw that prepaid card away, and never use it again. You may also try to get them to agree that you do not owe the full 5K, and again get that in writing.  Otherwise, you will be 1099'd for the difference between it and the amount you settle and therefore it will be treated as income.  I'd stick 2k in a bank account for a while, perhaps two years, and you are free to use the remaining 3K to meet other goals.  After two years, I would check my credit and see if it is still in the report.  You might also choose to dispute the collection and see what happens there.  If it is successful it will come off your report. Prior to a big credit decision (aka buying a home), I would check on the status of this collection.  Only at that time would I contact that collection agency and again try to settle.  If I contacted them, I would start the negotiations around 500 or so."}
{"_id": "262921", "title": "", "text": "\"I agree. Its ridiculous.  The US refuses to alter its uncompetitive corporate tax rate and laws on cash repatriation and what is the response?  Blame companies for being \"\"unpatriotic\"\" and have politicians shame them in the media.  It's been going on for decades and hasn't worked yet.\""}
{"_id": "262925", "title": "", "text": "\"It is important to first understand that true causation of share price may not relate to historical correlation. Just like with scientific experiments, correlation does not imply causation. But we use stock price correlation to attempt to infer causation, where it is reasonable to do so. And to do that you need to understand that prices change for many reasons; some company specific, some industry specific, some market specific. Companies in the same industry may correlate when that industry goes up or down; companies with the same market may correlate when that market goes up or down. In general, in most industries, it is reasonable to assume that competitor companies have stocks which strongly correlate (positively) with each-other to the extent that they do the same thing.  For a simple example, consider three resource companies: \"\"Oil Ltd.\"\" [100% of its assets relate to Oil]; \"\"Oil and Iron Inc.\"\" [50% of its value relates to Oil, 50% to Iron]; and \"\"Iron and Copper Ltd.\"\" [50% of its value relates to Iron, 50% to Copper]. For each of these companies, there are many things which affect value, but one could naively simplify things by saying \"\"value of a resource company is defined by the expected future volume of goods mined/drilled * the expected resource price, less all fixed and variable costs\"\". So, one major thing that impacts resource companies is simply the current & projected price of those resources. This means that if the price of Oil goes up or down, it will partially affect the value of the two Oil companies above - but how much it affects each company will depend on the volume of Oil it drills, and the timeline that it expects to get that Oil. For example, maybe Oil and Iron Ltd. has no currently producing Oil rigs, but it has just made massive investments which expect to drill Oil in 2 years - and the market expects Oil prices to return to a high value in 2 years.  In that case, a drop in Oil would impact Oil Inc. severely, but perhaps it wouldn't impact Oil and Iron Ltd. as much. In this case, for the particular share price movement related to the price of Oil, the two companies would not be correlated. Iron and Copper Ltd. would be unaffected by the price of Oil [this is a simplification; Oil prices impact many areas of the economy], and therefore there would be no correlation at all between this company's shares. It is also likely that competitors face similar markets. If consumer spending goes down, then perhaps the stock of most consumer product companies would go down as well. There would be outliers, because specific companies may still succeed in a falling market, but in generally, there would be a lot of correlation between two companies with the same market.  In the case that you list, Sony vs Samsung, there would be some factors that correlate positively, and some that correlate negatively. A clean example would be Blackberry stock vs Apple stock - because Apple's success had specifically negative ramifications for Blackberry. And yet, other tech company competitors also succeeded in the same time period, meaning they did not correlate negatively with Apple.\""}
{"_id": "262934", "title": "", "text": "\"I have personally known a family in the hills of Southern Oregon, US who lived off the electricity grid. As far as being \"\"possible\"\" yes, but easy is a certain no.  This family was very dedicated to the point of living without grid electricity.  A special built home of native field stones, careful alignment with the sun, location within the valley.  I would assume that making a normal home be off the electric grid is much more difficult.  Not impossible, but pretty darn hard.\""}
{"_id": "262960", "title": "", "text": "You can always reduce the income by the direct expenses required to earn it, and figure out whether it is ultimately a net profit or loss.   The net profit is taxable income.  The loss may be tax deductible if the underlying thing is tax deductible.    For the book, the $50 revenue required a $100 expense, so that's a $50 net loss.  You don't owe any income tax since it's a loss.  You could take the loss as a tax deduction if you have a business trading books, or if buying the book would be tax deductible for some reason.  Note that in the latter case you can only deduct the $50 not the $100.  For the airline ticket, it is to compensate you for the losses you took as a result if the delayed flight. So you tally up the $22 meal you had in the airport waiting for news, the $110 on the motel room you rented or forfeited, any other way you can peg a cash value to any losses you took.  Total them up, again, a net loss is only deductible if the travel is already deductible. Note that if the actual expenses (book, flight) were tax deductible for some reason, the cash-back reduces the amount of your tax deduction, so it has the same effect as the sale/gift being taxable income."}
{"_id": "262968", "title": "", "text": "\"**Pink slime**  \"\"Pink slime\"\" (a dysphemism for lean finely textured beef or LFTB, finely textured beef, and boneless lean beef trimmings or BLBT) is a meat by-product used as a food additive to ground beef and beef-based processed meats, as a filler, or to reduce the overall fat content of ground beef. In the production process, heat and centrifuges remove fat from the meat in beef trimmings. The resulting paste is exposed to ammonia gas or citric acid to kill bacteria. In 2001, the United States Department of Agriculture (USDA) approved the product for limited human consumption.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "262970", "title": "", "text": "\"&gt; But currently they don't even receive that.  Yes, because everyone knows America has people starving in the streets left and right. I'm certainly an advocate for stronger social safety nets, but you are being unrealistic if you say we don't have millions of programs to feed and shelter people. Usually the only true homeless in this country are mentally ill.   But that is a separate discussion. I am in no way against helping the poverty class as much as possible, especially with education.  &gt; The systematic transfer of wealth from labor to capital nowadays plays no part?  It's not a \"\"transfer.\"\" That doesn't even make any sense, I'd like to see you explain the logic behind that. The capital markets are stronger than ever before because the global labor market is exploding, and America is still the cornerstone of the global financial markets. The labor markets are weakening because, again, we are losing out to global competitors and technology. One goes up and the other goes down because of the same factor. One doesn't *cause* the other.\""}
{"_id": "262974", "title": "", "text": "There are a few unsavory factors that have led to the creation of new derivatives:"}
{"_id": "263025", "title": "", "text": "Technology has been evolving so fast lately that being an entrepreneur became a truly risky game. But, adopting a franchise business may be a good option for you. If you\u2019re thinking about investing in a business like this, TechJOYnT franchise may be just the perfect option. TechJOYnT is one of the Top Education Franchises in United States. A franchise is an already proven profitable business in which the investment may be a little bit higher in numbers but will also assure you to get your company going in short time. Know more about us here: https://www.slideshare.net/CarollPadilla/stem-science"}
{"_id": "263032", "title": "", "text": "Find the most trustable car dealer in Johor Bahru and select your favorite car in good condition at the Masai Auto City, because it is one of the most reliable for you from where you can buy a second hand car. We ensure the most lowest money for every company car which is very comfortable for the buyer.  Buy the most car in Johor Jaya second hand car such as Toyota, Honda, Ford, Nissan, Proton, Perodua. We have more than 1000 certified cars, if you want to buy the used car then it is a good time to select your favorite car. Everyone wants to check the car before buying."}
{"_id": "263050", "title": "", "text": "\"I have some numbers to share that may help.  I've been tracking my home's natural gas consumption in a spreadsheet for years.  Much of that time I'd only been interested in the quantity used \u2013 to measure my home's efficiency after certain upgrades \u2013 but in 2006 I also started tracking the \"\"Gas Supply Charge\"\" costs from my local utility, Enbridge, in Ontario, Canada.  My numbers are for the gas commodity only (i.e. excluding delivery and customer charges.) I've never been on a fixed-price contract, so the numbers are supposed to be reflective of market rates.  However, the numbers do differ from real \"\"spot prices\"\" because Enbridge estimates gas costs up-front and then applies a \"\"gas cost adjustment\"\" at later dates if their estimate was wrong. Natural gas cost per cubic meter for Chris's home http://img686.imageshack.us/img686/6406/naturalgascosts3priorye.png Since 2006, natural gas prices have been generally falling.  The last cost I have on file, from my November 2009 bill, is 12.9 cents per cubic meter \u2013 being ~20 cents gas supply rate, less gas cost adjustment of ~7 cents.  My average cost over that nearly 4 year period, January 2006 through November 2009, was 38.4 cents per cubic meter. Considering the current 5-year fixed rate I found is about 29 cents per cubic meter, there is a substantial premium to locking in when compared to current market rates.  However, one can see that during the last 4 years, market prices did substantially exceed that rate for quite some time.  Furthermore, when I last looked at those 5-year fixed rates perhaps a year or more ago, I couldn't find a company charging less than 39 cents per cubic meter.  So, contract rates have fallen as well. Consequently, if we are at a natural gas price low and the economy is to recover, I tend to agree with Cart's answer and suggest it could be a good time to consider a fixed-rate contract. But, do your own due diligence and read the fine print if you go for it. UPDATE: In the interest of full disclosure, shortly after I did my own research above, I signed up for my first ever fixed-rate natural gas contract. :-)\""}
{"_id": "263084", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://sharesandaffairs.wordpress.com/2017/10/16/behavioural-economics-in-marketing/) reduced by 87%. (I'm a bot) ***** &gt; According to Daniel Kahneman&amp;#039;s Thinking Fast and Slow people&amp;#039;s mental capacities can be categorised into two systems; system one thinking and system two thinking.  &gt; In order for a firm to begin an increase in their consumer base they must employ marketing strategies to target system two thinking to capture new consumers of that good.  &gt; Therefore while the work of behavioural economics continues to reveal that consumer decisions are more complex than our previous models took into account, it also creates new realms of opportunity for marketers to appeal to their consumers through rational and irrational messages alike.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/7738ir/behavioural_economics_in_marketing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~230235 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **system**^#1 **consumer**^#2 **Thinking**^#3 **two**^#4 **more**^#5\""}
{"_id": "263088", "title": "", "text": "Keep in mind the ex-dividend date is different from the payable date (the day the dividend is paid). That means the market price will already have adjusted lower due to the dividend. Short answer: you get the lower price when reinvesting. So here's Vanguard's policy, it should be similar to most brokers: When reinvesting dividends, Vanguard Brokerage Services combines the   cash distributions from the accounts of all clients who have requested   reinvestment in the same security, and then uses that combined total   to purchase additional shares of the security in the open market.   Vanguard Brokerage will attempt to purchase the reinvestment shares by   entering a market order at the market opening on the payable date. The   new shares are divided proportionately among the clients' accounts, in   whole and fractional shares rounded to three decimal places. If the   total purchase can't be completed in one trade, clients will receive   shares purchased at the weighted average price paid by Vanguard   Brokerage Services."}
{"_id": "263093", "title": "", "text": "Here's a tip: Kill yourself you stupid, ignorant fuck. There's a special place in hell reserved for people like you.   PLEASE have a discussion with your alleged friend. I would LOVE to hear what he has to say about your thoughts. Until then, kindly shit the fuck up, you ignorant moron."}
{"_id": "263103", "title": "", "text": "Totally agree.  I have a hard build to fit and more often than not the size I pick doesn't fit.  Then you have to drive to UPS/FedEx to ship it back and that's more of a pain in the ass than the convenience of buying online in the first place was worth."}
{"_id": "263104", "title": "", "text": "Pardon me, but the French and the Germans started wars with the Russians. The US kept a barrier to keep Stalin from marching further than Berlin. That's been eighty years now.  Why is it obtuse for the US to say they're done?"}
{"_id": "263120", "title": "", "text": "Business owners or other people with a sales quota to meet will often often take that deal. Especially when there isn't a physical thing being sold. If the Yoga class has an open spot, why not let another person in and get the $20? The sales clerk at the front desk usually doesn't have the authority to give a discount like that and won't stick their neck out to do so without prior approval."}
{"_id": "263145", "title": "", "text": "They all have rules about what type of insurance you must have;  and if you don't have the required insurance,  they will offer to contract one for you.  That's fair enough,  I had to prove to my CU that the insurance I have was up to their standards,  no biggy.  Where it becomes a scam,  is when i) the lender refuses to accept your existing insurance as valid no matter what;  ii) buys an insurance on your behalf without asking/giving you the option of getting your own;  and iii) buys an overpriced insurance (e.g., insurance for the fair market value of your house rather than the cost of rebuilding it...),  likely from themselves  (and possibly iv) uses this as a pretext to foreclose your house)."}
{"_id": "263158", "title": "", "text": "I've wondered why anyone thinks it will be more than a speculation instrument. I'd love to hear arguments for it but they always fall short as soon as I think about countries inflating/deflating the value of their own currency."}
{"_id": "263171", "title": "", "text": "On their newer busses, yes (of the six legs of the round-trip, I was only on an old bus for one). They also have power outlets and (p)leather seats, which was a huge plus. The wifi wasn't working well, but I didn't care too much as I was using my phone and had a 3G connection most of the way."}
{"_id": "263174", "title": "", "text": "US banks are often helpless with international checks, so I would recommend to do a wire transfer instead. Otherwise you might end up being in the US with no money and a worthless piece of paper in your hand. First, set up your european account to allow wire transfers to the US, if that needs any action. Speak to someone in the bank in person, to make sure you can later initiate such a transfer remotely/online. After travelling, set up your US account, and then remote trigger a wire transfer. Costs are relatively small, for example with Postbank you pay less than 30 $, and get the bank currency exchange ratio (which is much better than the exchange ratio for paper money). The wire transfer cost is partly proportional to the amount, and partly constant, so don't split it in many pieces - make one larger transfer."}
{"_id": "263197", "title": "", "text": "I think that you should be very careful who you label a neo-nazi and you should be very careful what other people you decide to exclude in the future.    If someone is conducting business in a professional manner, then why deprive them of the opportunity?  When large companies leverage their market positions like that I start to wonder if they're too large."}
{"_id": "263202", "title": "", "text": "According to page 107 of the instructions for schedule A for form 1040 : Include taxes (state, local, or foreign) paid on real estate you own that was not used for business. ... If you want to make a business out of her property and be her agent in the management, you might be able to work with an accountant on this, but it won't be a valid personal deduction."}
{"_id": "263204", "title": "", "text": "\"&gt;This is why people talking about kirkland \"\"whatever product\"\" is actually \"\"blank OEM\"\" is really harmful.  Uh no its not.    &gt;There is a risk to quality afterwards when the manufacturer is so caught in trying to save money that they will cut every corner in order to save cost.  Costco isn't Walmart tho.  While Costco plays hardball to get the best deal they also understanding keeping quality.  Where as Walmart doesn't care about quality, they know that shirt you bought for $10 will last like maybe 6 months and you be back to get another.  Costco rather wants that shirt to last you a year or more and charge you $25 instead.\""}
{"_id": "263219", "title": "", "text": "I'll tell you exactly what causes the counter pressure, agents of the state entitling themselves to the fruits of my labor.  How is it greed to want to earn a good livelihood, but not greed, on the states part, to steal more and more of its citzens livelihoods for the enlargement and enrichment of itself?"}
{"_id": "263225", "title": "", "text": "Yes, 0% APR = no interest. APR = Annual Percentage Rate. As in, the lender gets an annual percentage returned to them for lending you money. This is the opposite of APY, which is Annual Percentage Yield, or the money that an investment yields."}
{"_id": "263234", "title": "", "text": "Direct from Square Support in an email to me today when I asked this very question: Thanks for writing in. You can certainly use Square for personal use. When activating your account, you\u2019ll be asked how you intend to use Square. You\u2019ll simply need to select \u2018Individual Use.\u2019 Don't think we can get more clear than that :)"}
{"_id": "263236", "title": "", "text": "Tight side of normal means rising wages. That isn't happening. These metrics are all fucked up and no one wants to admit it. If that's not a sign to buckle down and save for that monsoon coming our way I don't know what is."}
{"_id": "263242", "title": "", "text": "\"You cannot contribute to the HSA in excess to the limit. The \"\"post-tax\"\" contributions \"\"some links\"\" are talking about may be referring to the case where you cannot contribute through your paycheck. In that case - you contribute from your own (after-tax) money, and then claim deduction from your taxes above the line, i.e.: you end up getting the same tax benefit with the exception of the FICA taxes. 6% excise tax is yearly until you withdraw the excess and the earnings on it, and when you do withdraw the excess and the earnings - you'll pay your ordinary rate taxes on it. For each year, you have until April 15th the following year to withdraw the excess of that year without the penalty From the IRS publication 969: Generally, you must pay a 6% excise tax on excess contributions. See   Form 5329, Additional Taxes on Qualified Plans (including IRAs) and   Other Tax-Favored Accounts, to figure the excise tax. The excise tax   applies to each tax year the excess contribution remains in the   account.\""}
{"_id": "263259", "title": "", "text": "I looked at Publication 463 (2014), Travel, Entertainment, Gift, and Car Expenses  for examples. I thought this was the mot relevant. No regular place of work.   If you have no regular place of work but   ordinarily work in the metropolitan area where you live, you can   deduct daily transportation costs between home and a temporary work   site outside that metropolitan area. Generally, a metropolitan area includes the area within the city   limits and the suburbs that are considered part of that metropolitan   area. You cannot deduct daily transportation costs between your home and   temporary work sites within your metropolitan area. These are   nondeductible commuting expenses. This only deals with transportation to and from the temporary work site.  Transportation expenses do not include expenses you have while   traveling away from home overnight. Those expenses are travel expenses   discussed in chapter 1 . However, if you use your car while traveling   away from home overnight, use the rules in this chapter to figure your   car expense deduction. See Car Expenses , later. You will also have to consider the cost of tolls of the use of a  trailer if those apply."}
{"_id": "263306", "title": "", "text": "\"I have a degree in econ, but that hardly makes me an expert. Here is what I understand well enough to feel comfortable stating:  As you increase corporate taxes you decrease incentive for people to invest in corporations. Corporations are really a means of removing risk beyond initial investment to individuals who want to invest. If you were to set the corporate tax rate at 90% (as they do in the link) you would see more alternative investments locally and an incentive to invest where taxation isn't as high. Think of it this way, I could buy stock in apple but the corporate tax rate is 99%, then I would be better off buying a piece of property to rent, or a piece of stock in a country that has a normal corporate tax rate. An exorbitant corporate tax rate would encourage me to take on more personal risk and start my own sole proprietorship... even if I would be less qualified to do so than those in the corporation.   If you want an alternative school of economics to study [Austrian Economics](https://en.wikipedia.org/wiki/Austrian_School) has a lot to offer.   In my opinion the NYT article makes quality points and is economically sound. The \"\"naturalfinance.net\"\" article is trash.\""}
{"_id": "263312", "title": "", "text": "\"The shares are \"\"imputed income\"\" / payment in kind. You worked in the UK, but are you a \"\"US Person\"\"? If not, you should go back to payroll with this query as this income is taxable in the UK. It is important you find out on what basis they were issued. The company will have answers. Where they aquired at a discount to fair market value ? Where they purchased with a salary deduction as part of a scheme ? Where they acquired by conversion of employee stock options ?    If you sell the shares, or are paid dividends, then there will be tax withheld.\""}
{"_id": "263320", "title": "", "text": "&gt; A developed nation that has businesses making a profit off things humans need to survive. Crazy, huh?  There are an infinite number of opportunities to monetize things that humans *don't* need to survive. So yeah. It is crazy that people insist on monetizing the things that people do need to live."}
{"_id": "263321", "title": "", "text": "\"which means the current total is $548,100. Is that correct? Yep Unfortunately the \"\"current\"\" GM stock is different than the GM stock of 1989.  GM went bankrupt in 2011.  It's original stock changed to Motors Liquidation Company (MTLQQ) and is essentially worthless today.  There was no conversion from the old stock to the new stock. What do I do with these certificates? Can I bring them to my bank, or do I need to open an account with a stock company like Fidelity? See here for some instructions on cashing them in (or at least registering them electronically).  I've never dealt with physical stocks, but I presume that a broker is going to charge you something for registering them vs. direct registration, though I have no idea how much that would be. I read somewhere that I only have to pay taxes when I cash out these stocks. But are these rules any different because I inherited the stocks? You will pay capital gains tax on the increase in value from the time your father died to the time you sell the shares.  If that time is more than one year (and the stock has gone up in value) you will pay a 15% tax on the total increase.  If you have held them less than one year, they will be short-term capital gains which will count as regular income, and you will pay whatever your marginal tax rate is. If you sell the stock at a loss, then you'll be able to deduct some or all of that loss from your income, and may be able to carry forward losses for a few years as well. I did not catch that the stock you mention was GM stock.  GM went bankrupt in 2011, so it's likely that the stock you own is worthless.  I have edited the first answer appropriately but left the other two since they apply more generally.  In your case the best you get is a tax deduction for the loss in value from the date your father died.\""}
{"_id": "263341", "title": "", "text": "That's why a major metro area is more likely than regular metro. Maybe even the so-called mega metro areas.  Depending on how it grows it could surpass Seattle if an industry they latch onto into that area is profitable. AWS is awesome but can't be as big yet. The major ones like drones combined with driverless vehicles and energy flows into trillion dollar industries over the next 20 years.  California needs automated logistical infrastructure like nobodies business. Do you know how many people are going to try and buy the first driverless vehicles in California? Do you know how many customers they would have within 100 tightly packed miles that would be lifelong customer's?  It depends on the balance between customers and HQ human resources. Obviously office space doesn't serve customers directly.  Let's see what cities propose for drone and driverless vehicle allowances. Amazon could make ups, FedEx and usps obsolete in a decade.... Plus analysts seem to think whoever gets driverless cars implemented first will be the first solidly mega corporation. Apple and Amazon will both get there without it anyway, but there's a reason everyone is working on that. CA served by NV or rural CA space would be a godsend.  Amazon could also invest in high speed commercial freight rail.  There's a thousand directions they could do. Amazon is on fire right now in a scary amazing kind of way."}
{"_id": "263361", "title": "", "text": "Each way you go is a little bit of a gamble.   Owning equity in the company is best in situations where you can trade and sell that equity, or where the dilution of your royalty product would affect your returns, or if you can maintain a certain equity stake without working at the company or if you can hold out on taking equity to reinvest profits for the purposes of growth.   The royalty is best in situations where you're getting a portion of the gross, since you get paid as a creditor, no matter how the company is performing, or if you intend to collect royalties after you leave the company. Now for your situation: if your royalties are fluctuating with profit instead of gross and your equity is tied to your continued partnership and not subject to potential growth... then they're pretty much both workarounds for the same thing, you've removed the particular advantages for each way of receiving payment. If the company ever does buy out or go public, how much of your additional X earning a month would you have to then re-invest to get an equity stake?  And for royalties, if another developer came aboard, or your company bought another company, how much would this dilute your IP contribution? So, aside from the gambling nature of the issue, I'm not sure your tax calculation is right.  You can take equity profit as dividend, as long as you're collecting a sufficient salary (this prevents a business from declaring all profits as a dividend).  This would put those profits into a different tax bracket, 15% capital gains. Or if all profits are equitably split, you could take part as salary, part as dividend.  As well, as someone who's making active income off of their IP, not passive income, you're supposed to file a Schedule C, not a Schedule E, so your royalties would include your self employment taxes.  The schedule E is for royalties where the author isn't actively in the field or actually self employed in that area, or if you own royalties on something you didn't create.  Should you keep the royalties then go to another job field or retire then your royalties could go on a Schedule E.  Now, a tax advantage may exist on a Schedule C if you can write off certain health and business expenses reducing your income that you can't on a Schedule E, though it'd probably be difficult to write off more than the adjusted self employment cost savings of a Schedule E."}
{"_id": "263364", "title": "", "text": "That has nothing to do with my statement. My point is that the moves in Bitcoin value are not even *discussed* in the same way as other currencies.   When the Japanese yen rises in value, everyone realizes there is simultaneously a fall in some other currency or currencies. And you can look at the other cross-currency prices to see what the real story is. A huge rise in Bitcoin means there is a huge drop in the U.S. dollar value, but that is not matched by any other dollar valuation."}
{"_id": "263390", "title": "", "text": "I would suggest looking into Relative Strength Asset Allocation.  This type of investment strategy keeps you invested in the best performing asset classes. As a result of investing in this manner it removes the guesswork and moves naturally (say into cash) when the stock market turns down. There is a good whitepaper on this subject by Mebane Faber titled Relative Strength Strategies for Investing."}
{"_id": "263421", "title": "", "text": "\"&gt; Food is cheaper  Which restaurants do you eat at? Most mom-and-pop shops by me charge 50% more for the same genre of food as Applebees.  Applebee's/Chili's/Outback has a very well-defined market: sit-down food at cheaper prices.  Problem is that this type of food is below millennials' experience (\"\"ew, you actually eat that stuff?\"\") and thus Applebee's and the like are suffering in sales.\""}
{"_id": "263430", "title": "", "text": "I couldn't agree more. It's a shame the music industry is so ripe for disruption. Similarly to what on demand, and netflix did to the dvd industry. However because of the immense music catalogues that the industry has, any disruptive technology like spotify has to pay heavily for the music, no matter how great the idea is."}
{"_id": "263432", "title": "", "text": "However, is it a risk that they may withhold liquidity in a market panic crash to protect their own capital?  Two cases exist here. One is if you access the direct market, then they cannot. Secondly if you are trading in the internal market created by them, yes they can do to save their behind, but that is open to question. They don't make money on your profit or loss, their money comes from you trading. So as long as you maintain the required margin in your accounts, you can go ahead. I had a mail exchange with IG Index regarding this and they categorically refuted on this point. Will their clients be unable to sell at a fair market price in a panic crash? No. Also, do CFD providers sometimes make an occasional downward spike to cream off their clients' cut-loss order?  Need proof regarding this, not saying it cannot happen. They wouldn't antagonize the people bringing them business without any reason. They would be putting their money at risk. But you should know, their traders are also in the market. Which might look skimming your money, it would be their traders making money in the free market. After all Google, Facebook etc also sell your personal data for profit, why shouldn't the CFD firm also. Since they are market makers, what is to prevent them from attempting these tricks? Are these concerns also valid for forex brokers serving the retail public? What you consider as tricks are legitimate use of information to make money."}
{"_id": "263435", "title": "", "text": "At the time we were working on it, PHP had support for SHA and MD5 built-in only. If it had it to do all over again today I'd use something like Blowfish.  As to the answer to your first question, I considered the possibility that someone could make rainbow tables specifically for SHA 256 to address having two hashes as inputs. Such a thing is feasibly possible."}
{"_id": "263440", "title": "", "text": "\"In addition to tax-related benefits, one answer may be that it helps them avoid being inundated with requests to support other foundations. Most charities have access to public records that indicate potential donors based on income and demographic. They can use that info to solicit for donations. \"\"Hey NFL Player, you have lots of money, and we have cute starving emus that really need your help!\"\" Here's a blurb from Foundation Source about some of the benefits to starting your own foundation.  Get an Immediate Tax Deduction, but Give Later: You get the tax deduction when the foundation is funded, then make your charitable   gifts over time. Leave a Lasting Legacy: Foundations set up in perpetuity can burnish your name far beyond your lifetime. Because gifts are made   from an endowment that generates investment revenue, the total gifts   made by the foundation can far surpass the actual funding. Be Taken More Seriously as a Philanthropist: A foundation imparts a gravitas that causes people to take your philanthropy more seriously,   due to the structured, organized approach you employ for your giving. Sidestep Unsolicited Requests: When you focus your foundation on specific giving areas, your mission statement can be used to politely   turn down off-target funding requests. Deepen and Focus Your Philanthropy: Whereas individual donors often spread their giving among as many causes as possible, the formalized   structure of a foundation often encourages donors to narrow their   focus to specific causes. Build a Better Family: As family members take on philanthropic research, present their findings to the board, participate in the   decision-making process, and track results, they hone skills that will   serve them for years to come. Tax-Deductible Grants to Individuals in Need: A private foundation allows you to provide emergency assistance directly to individuals   using dollars for which you\u2019ve already received a tax deduction. Run Charitable Programs Without Setting Up a Separate Nonprofit: Direct charitable activities are IRS-approved programs that permit   foundations to directly fund and carry out their own projects. Pay Charitable Expenses: All legitimate and reasonable expenses incurred in carrying out the foundation\u2019s charitable mission can be   paid by the foundation and will count toward the annual minimum   distribution requirement. Provide Loans Instead of Grants: When used to support a charitable purpose, private foundations can employ loans, loan guarantees, and   even equity investments, which are paid back (potentially with   interest), so you can recycle your philanthropic capital for other   charitable causes. https://www.foundationsource.com/resources/library/top-10-advantages-of-a-private-foundation/ There's a similar list here on the website for an attorney that specializes in philanthropy and non-profits. I won't copy/paste that list as it's similar, but I wanted to provide an additional source confirming the above benefits. This link contains some disadvantages as well.  http://www.hurwitassociates.com/l_start_pros.php\""}
{"_id": "263445", "title": "", "text": "Because TV ad money is huge.  They could release originals 3 years after the release them on netflix and make good money.  probably more than USA or some similar cable channel does.  Cable stations live off of reruns.  Duece Bigalow still runs regularly on cable, and Sandler's Netflix movies could do the same thing."}
{"_id": "263458", "title": "", "text": "It really depends on your taxable income.  If you are in a higher tax bracket and expect to be in a lower tax bracket in retirement, the RRSP is probably your best bet.  If, however, you are in a low tax bracket now, then it might be best to start with your TFSA. Hope this helps!"}
{"_id": "263464", "title": "", "text": "I'd recommend looking at fundamental analysis as well -- technical analysis seems to be good for buy and sell points, but not for picking what to buy.  You can get better outperformance by buying the right stuff, and it can be surprisingly easy to create a formula that works.  I'd check out Morningstar, AAII, or Equities Lab (fairly complicated but it lets you do technical and fundamental analysis together).  Also read Benjamin Graham, and/or Ken Fisher (they are wildly different, which is why I recommend them both)."}
{"_id": "263481", "title": "", "text": "Rule of thumb: Double your hourly rate to get a yearly salary (in thousands). Halve your yearly salary to get your hourly rate. (assuming a 40hr/week job). eg: $50k/year = $25/hr."}
{"_id": "263485", "title": "", "text": "IRS pub 521 has all the information you need. Expenses reimbursed. If you are reimbursed for your expenses and you   use the cash method of accounting, you can deduct your expenses either   in the year you paid them or in the year you received the   reimbursement. If you use the cash method of accounting, you can   choose to deduct the expenses in the year you are reimbursed even   though you paid the expenses in a different year. See Choosing when to   deduct, next. If you deduct your expenses and you receive the   reimbursement in a later year, you must include the reimbursement in   your income on Form 1040, line 21 This is not unusual. Anybody who moves near the end of the year can have this problem. The 39 week time test also can be an issue that span over 2 tax years. I would take the deduction for the expenses as soon a I could, and then count the income in the later year if they pay me back. IF they do so before April 15th, then I would put them on the same tax form to make things easier."}
{"_id": "263490", "title": "", "text": "Build skills to harvest and analyze data and you are ahead of the curve.  I picked my majors in college to get into algorithmic investing then I realized I didn't want to work in such a cut throat industry.  Now I work in health care."}
{"_id": "263499", "title": "", "text": "A special 24/7 available QuickBooks support phone number helpline for users who are getting any issues or trouble or errors. You are just one call away to get world class QuickBooks customer support service. Dial or call today to know exactly how we can help you. visit our page - https://events.com/r/en_US/registration/quickbooks-customer-support-phone-number-1855-441-4417-los-angeles-june-62185"}
{"_id": "263518", "title": "", "text": "In the situation you describe, I would strongly consider purchasing.  Before purchasing, I would do the following: Think about your goals. Work with good people. Set a budget. Be able to handle surprises. If buying a home makes sense, you can do the following after buying:"}
{"_id": "263519", "title": "", "text": "There are software programs out there to do an inventory, but I haven't used them.  My wife works for an insurance company, and they have forms and specific documentation for your valuable things.  You certainly know what your big ticket items are.  For myself, I simply use my video camera and walk around the house as if I was taking a walking tour.  On the way I describe what is in each cupboard and chat about it.  If I have any idea of what it cost I say so, otherwise I don't Then I upload the video to a website I own for safe keeping.  (I have never looked at the videos a second time or told my insurance company about them.)  I don't really have much in the way of expensive items.  Mostly I take a video of my computers, electronics and my wife's jewelry box. The big point is to get an idea of what is in each room if my house burns down.  The video is supposed to make it easy for me to review and remember should a tragedy happen and I need to justify costs to my insurance company.   From my understanding, they will replace the value of the contents of my home up to a certainly value, regardless of what it is.  So I just want a quick list."}
{"_id": "263521", "title": "", "text": "Yeah, there are a lot of things that 'poof' you into existence with them. Their whole business model is that they claim to have dirt on *every* established business. And they basically do. Attempting to get a number with them is really only an issue for brand new businesses.  Regardless, they will send you very misleading spam and junk mail. And a lot of it comes off to me as threats/extortion.  They also listed my home phone number for one of my businesses for years. When you call for assistance, they really only care about tricking you into buying some package, and don't care about being helpful or correcting their records.  I know I sound mean, but honestly their entire sales method on me was to trick me into buying something I knew I didn't want or need. With multiple salespersons there. It's really scummy."}
{"_id": "263542", "title": "", "text": "Strictly from an ROI perspective, this is likely very dependent on your field.  Some masters degrees (quant finance, business, engineering) will be well worth the debt, since a degree from the right university will yield a respectable ROI, whereas other degrees/fields (philosophy, fine arts, etc) will be basically a waste of money. Regardless of the field you can input your information into an ROI calculator and see what you get.  I typically err on the side of using the lowest average reported salary for the degree programs you're considering (self reported salary data is notoriously inflated)."}
{"_id": "263546", "title": "", "text": "According to Dave Ramsey you should pay off the house. What I've found is that I'm willing to work a lot harder at saving money to put toward the house when I have that specific goal in mind.  If I were to put the money in the market instead then I would be less likely to make as many sacrifices and would inevitability end up putting less money away."}
{"_id": "263557", "title": "", "text": "When purchasing a condo in a university town, it is almost guaranteed that the prices will be inflated as a result.  This is because you are competing not only with single-home, primary residence homeowners, but also with a multitude of investment buyers and landlords who want to purchase a rental property.  Universities are popular rental markets due to their stability (there will always be students looking for a place to live), and as a result the areas attract investors more than other markets. This can work in your favor, however.  If you don't mind sharing your residence with other students, and you don't mind the part time work that being a landlord requires, you can live much cheaper and even make money over the next few years as your roommates pay your bills.  Owning a primary residence rental property also brings a lot of tax benefits because you can claim expenses and depreciation against your income.  This could benefit your father who could be a co-owner and would certainly benefit from the write-offs against his higher tax bracket. The real trick that makes or breaks the experience is finding mature, responsible roommates who will cause the minimum amount of headache.  If this part of the equation is missing, it can lead to distractions from school and even legal worries when you have to think about things like unpaid rent and/or evictions."}
{"_id": "263563", "title": "", "text": "Money as Debt and Money as Debt II (while low-quality in their production), give a great historical explanation of how the modern monetary system came into being, as well as touching on things you just said.  You can find various versions online, but here are two links anyway:  * Money as Debt: http://archive.org/details/MoneyAsDebt * Money as Debt II: http://archive.org/details/MoneyAsDebt2"}
{"_id": "263570", "title": "", "text": "That's a good question, you should ask the 100,000 current Tesla owners as well as the 500,000 people on this list for a Model 3, why they went with a Tesla instead of another product.   Tesla is THE gold standard for cars. I don't think I need to provide much anecdotal evidence to claim that people in affluent countries are more than willing to cough up $$$ for the prestige that goes with the product.   And America isn't cash strapped. We could be doing better, sure, but we're still affluent. Where are these much cheaper cars you talk about? Anyone in the market for an electric car has $ to spend"}
{"_id": "263591", "title": "", "text": "Yes, your realtor is a moron. (I am a realtor, and sorry you have such a bad one) Every industry has its good and bad. You really should find a new realtor, a good one.  You know the 1031 exchange is for rental property only. And that saving $2000 isn't worth staying in the house to complete the two years required occupancy."}
{"_id": "263599", "title": "", "text": "Find trends, get to the front - as they are becoming trends, get the T shirts exposure in those market areas. T shirts need to be basically good quality but what really sells them is what goes on them. That's primarily design - words and pictures.  Also have a look at the Vistaprint business model - high volume, low cost, quick turnaround, fully customisable.  Have a walk around markets. I don't know what part of the world that you are in, however I have seen a few good T shirts words wise but with poor presentation in the Paris shops and markets. Paris \\ France does not have many French language T shirts, however the French aren't so much into T shirts (except perhaps when they are at the beach).  Be ingenuous and creative."}
{"_id": "263608", "title": "", "text": "\"I can say that this is accurate for me personally.  I rarely watch \"\"broadcast\"\" TV - I watch one sporting event per week and that is it. Everything else is via XBMC or online.   But I listen to the radio for probably 10 hours a week because it's a pretty accessible format. Just turn it on in the car or on the train and listen. You get music, news or whatever else you want.\""}
{"_id": "263612", "title": "", "text": "\"The 1% thing is a  platitude and socialism always creates a distopia. What \"\"socialist\"\" government has come closest to creating the dream society you describe? They all turn into something worse than an organized crime syndicate combined with a fundamentalist religion.  Russia, Cuba, Bulgaria, north Korea, Romania, Albania, Somalia, Ethiopia, East Germany, soviet occupied Czechoslovakia, Poland, China, ,Cambodia, Venezuela and on and on. If your dream of unlimited time to play video games and free cheetos worked wouldn't it have worked a little in one of them?\""}
{"_id": "263618", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [An alternative entrepreneur principle. | The Dismal Science](https://www.reddit.com/r/Economics/comments/79fl0a/an_alternative_entrepreneur_principle_the_dismal/) on /r/Economics with 1 karma (created at 2017-10-29 17:13:29 by /u/The_man_who_sold)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "263619", "title": "", "text": "7 trillion dollars over 8 years? Sure, that sounded like a lot before Obama was elected. [Now look.](http://en.wikipedia.org/wiki/File:Deficits_vs._Debt_Increases_-_2009.png)  With an insane spending uptick like that, can you honestly tell yourself that the government wouldn't have spent any extra money lying around available? Like what, they suddenly wouldn't be able to find an excuse for it? Or they would suddenly be all responsible?"}
{"_id": "263628", "title": "", "text": "Technologically advanced? Have you looked at the standard safety features in a Toyota for 2017? If Musk were CEO he'd call it a self-driving car!  (Mind you if it were Musk running the company the car would be in the shop most of the time but I digress)."}
{"_id": "263633", "title": "", "text": "There's a whole industry devoted to this.  Professionals use Bloomberg terminals. High Frequency Traders have computers read news feeds for them. Amateurs use trading consoles (like Thinkorswim) to get headlines quickly on stocks."}
{"_id": "263647", "title": "", "text": "A balance transfer is paying one debt instrument with another.  While this is typically seen in credit card offers it isn't necessarily confined to credit cards. Obviously the only reason to do this is refinancing debt to a lower interest rate.  You need to watch for loads on the incoming money, there may be an upwards of 5% fee.  This calculation is materially different than your APR.  Monthly interest charges can be estimated by taking your APR divided by 12 times your balance.  So a 15% APR will have a rough monthly interest charge of 1.25%.  The 5% balance transfer fee is 4x your normal interest charge.  That fee is added to your balance and now you pay interest on the whole amount.  You need to ensure the new rate is low enough to actually benefit you after the incoming fee."}
{"_id": "263648", "title": "", "text": "On my recent visit to the bank, I was told that money coming into the NRE account can only be foreign currency and for NRO accounts, the money can come in local currency but has to be a valid source of income (e.g. rent or investments in India). Yes this is correct as per FMEA regulation in India. Now if we use 3rd party remittances like Remitly or Transferwise etc, they usually covert the foreign currency into local currency like INR and then deposit it. The remittance services are better suited for transferring funds to Normal Savings accounts of your loved ones. Most remittance services would transfer funds using a domestic clearing network [NEFT] and hence the trace that funds originated outside of India is lost. There could be some generic remittance that may have direct tie-up with some banks to do direct transfers. How can we achieve this in either NRE/NRO accounts? If not, what are the other options ? You can do a Wire Transfer [SWIFT] from US to Indian NRE account. You can also use the remittance services [if available] from Banks where you hold NRE Account. For example RemittoIndia from HDFC for an NRE account in HDFC, or Money2India from ICICI for an NRE account in ICICI or QuickRemit from SBI etc. These would preserve the history that funds originated from outside India. Similarly you can also deposit a Foreign Currency Check into Indian Bank Account. The funds would take around month or so to get credited. All other funds can be deposited in NRO account."}
{"_id": "263649", "title": "", "text": "An extra payment on a loan is, broadly speaking, a known-return, risk-free investment. (That the return on the investment is in reduced costs going forward instead of increased revenue is basically immaterial, assuming you have sufficient cash flow to handle either situation.) We can't know what the interest rates will be like going forward, but we can know what they are today, because you gave us those numbers in your question. Quick now: Given the choice between a known return of 3.7% annually and a known return of 7% annually, with identical (and extremely low) risk, where would you invest your money? By putting the $15k toward the $14k loan, you free up $140 per month and have $1k left that you can put toward the $30k loan, which will reduce your payment term by $1k / $260/month or about 4 months. You will be debt free in 14 years 8 months. You pay $14,000 instead of $16,800 on the $14,000 loan, reducing the total cost of the loan by $2,800, and reduce the cost of the $30,000 loan by four months' worth of interest which is about $175 (so the $30,000 loan ends up costing you something like $46,600 instead of $46,800). By putting the $15k toward the $30k loan, you cut the principal of that one in half. Assuming that you keep paying the same amount each month, you will reduce the payment term by 7 \u00bd years, and will be debt free in 10 years (because the $14,000 10-year loan now has the longer term). Instead of paying $46,800 for the $30k loan, you end up paying $23,400 plus the $15,000 = $38,400, reducing the total cost of the $30,000 loan by $8,400 while doing nothing to reduce the cost of the $14,000 loan. To a first order estimate, using the $15,000 to pay off the $14,000 loan in full will improve your cash flow in the short term, but putting the money toward the $30,000 loan will give you a three-fold better return on investment over the term of both loans and nearly halve the total loan term, assuming unchanged monthly payments and unchanged interest rates. That's how powerful compounding interest is."}
{"_id": "263659", "title": "", "text": "There are several red flags here. can they get my bank account info in any way from me transferring money to them? Probably yes. Almost all bank transactions are auditable, and intentionally cause a money track. This track can be followed from both sides. If they can use your bank account as if they were you, that is a bit deeper than what you are asking, but yes they (and the polish cops) can find you through that transfer. I did look up the company and didn't find any scam or complaints concerning them. Not finding scams or complains is good, but what did you find? Did you find good reviews, the company website, its register, etc, etc? How far back does the website goes (try the wayback machine) Making a cardboard front company is very easy, and if they are into identity theft the company is under some guy in guam that never heard of poland or paypal. As @Andrew said above, it is probably a scam. I'd add that this scam leverages on the how easier is to get a PayPal refund compared to a regular bank transfer. It is almost impossible to get the money back on an international transaction. Usually reverting a bank transfer requires the agreement in writing of the receiver and of both banks. As for paypal, just a dispute from the other user: You are responsible for all Reversals, Chargebacks, fees, fines, penalties and other liability incurred by PayPal, a PayPal User, or a third party caused by your use of the Services and/or arising from your breach of this Agreement. You agree to reimburse PayPal, a User, or a third party for any and all such liability. (source) Also, you might be violating the TOS: Allow your use of the Service to present to PayPal a risk of non-compliance with PayPal\u2019s anti-money laundering, counter terrorist financing and similar regulatory obligations (including, without limitation, where we cannot verify your identity or you fail to complete the steps to lift your sending, receiving or withdrawal limit in accordance with sections 3.3, 4.1 and 6.3 or where you expose PayPal to the risk of any regulatory fines by European, US or other authorities for processing your transactions); (emphasis mine, source) So even if the PayPal transfer is not disputed, how can you be sure you are not laundering money? Are you being paid well enough to assume that risk?"}
{"_id": "263684", "title": "", "text": "\"I have no idea. It's astounding. A buddy on Facebook was asking if he should stay with Verizon and get the iphone 4. I said, \"\"why? It's a little kids screen with capped bandwidth?\"\" It was a rage-fest of people defending the iphone AND Verizon as if they owned part of the company - I don't mind the iphone, mind you, it's just reminiscent of Chevy vs. Ford- But to defend a company that charges you more and has a cap is just... scary.\""}
{"_id": "263686", "title": "", "text": "Okay, I'll amend my complaint: Because we decided to have a fucking stupidly complicated system of social safety nets.  Seriously, though.  Those employees are better off with shit pay, but still eligible for government benefits than being paid a bit better and not getting any benefits.  As soon as people start to get somewhat better pay, they lose benefits of hundreds of dollars/month, and generally lose access to health insurance.  I'm not saying support Wal-Mart, I'm saying we've got a lot of work to do to fix our government programs and regulatory frameworks and tax code in pretty fundamental ways."}
{"_id": "263701", "title": "", "text": "Truthfully, I don't know, but in actuality, a 4-5 billion dollar loss even isn't the big deal, it's more important that they lost almost 40B of market cap.  Now realistically it's relatively oversold in my opinion and they will make it back eventually, but that has more of an impact on them in the here and now.  As far as the offset you are asking about, I'm not sure, personally I don't trust any accounting practices of banks, in reality, it's entirely possible that not even the c-suite understands their exact financial position at any given time.  The reports of this loss actually came out about a month before they were even able to make an educated guess as to how much their losses would be.    In any case, there are much more qualified/knowledgeable people on here that could likely answer your question a bit better."}
{"_id": "263724", "title": "", "text": "Given you other question and your resulting marginal tax rate, you may want to optimize where you hold each type of security.  If you still plan to have a regular investment account, it's hard to beat the low tax rate of Canadian dividends. In a TFSA, you won't pay tax on the dividend income, and you won't get a dividend tax credit either.  For some people in BC this actually costs them money as they have negative marginal dividend tax rates.  For you it seems to be 6%. Contrast this with any other holding in your regular account, interest at full marginal rates, and cap gains at half that.  Dividends still win in a regular account."}
{"_id": "263734", "title": "", "text": "A large part of the cost seems to be that he created the physical space from scratch:   &gt; Because Tortosa chose a brand-new building that had never been occupied, every single thing had to be built in. The upside is that he was able to create his dream space from scratch. The downside: That it cost him much more time and money.  He spent approximately $500,000 doing that, and he received $100,000 from the landlord for doing it. So he's out $400k. The landlord will get a furnished space if he folds."}
{"_id": "263746", "title": "", "text": "The details of how you can convert your 5% equity share to cash or stocks will be detailed in writing in the legal agreement you have already signed. If you do not have any signed written agreement, there is no 5%. Since 0% of anything is zero, you can expect to get $0 some time within the next few years. Lastly, if the person running the business, tells you that there is 5% equity for you, even though it is not in writing, that is extremely unlikely to be the case. This is because the Seller of the equity has no obligation whatsoever to pay you. In fact, they are obligated by their other agreements with actual shareholders not to dilute their equity without good cause. So, odds are, if your agreement is not in writing, not only will it not be honored, but it probably can't be honored."}
{"_id": "263751", "title": "", "text": "I guess the answer lies in your tax jurisdiction (different countries tax capital gains and income differently) and your particular tax situation. If the price of the stock goes up or down between when you buy and sell then this counts for tax purposes as a capital gain or loss. If you receive a dividend then this counts as income.  So, for instance, if you pay tax on income but not on capital gains (or perhaps at a lower rate on capital gains) then it would pay you to sell immediately before the stock goes ex-dividend and buy back immediately after thereby making a capital gain instead of receiving income."}
{"_id": "263763", "title": "", "text": "Tradesi is the best local business directory in Melbourne which is provides you the opportunity of brand enhancing business to the next level and making it a time efficient way to boost your online identity. Tradesi is visible to large numbers of people searching for local business directory in Melbourne."}
{"_id": "263771", "title": "", "text": "\"Hey Ly Sok,   Do you do the standard practice of basically forcing people to go to several random stops, like a suit or jewelry shop, before taking people to their destination?   If so, I highly recommend you just charge more and stop doing it. Tourists shouldn't have to spend several days of their vacation figuring out they didn't need to waste time. From my trips to that area the single biggest factor of using a \"\"tuk tuk\"\" service was if they made those annoying stops. I get it, the shops pay for fuel, but I'd rather pay you more (it's still very cheap by $USD standards) than to waste time by making what should have a 5min ride into a 45min ride. There's nothing more valuable to me using vacation or a business visit than my time. Especially if in running late to something, heck I'd rather overpay a taxi and arrive on time.   So my advice, if you do those stops, make it very clear right when the passenger gets in. Don't try to trick them, people aren't stupid. Let them know they can pay less and spend time going to places you're basically marketing for, or pay more and get to their destination right directly.\""}
{"_id": "263784", "title": "", "text": "I personally invest in 4 different ETFs.  I have $1000 to invest every month.  To save on transaction costs, I invest that sum in only one ETF each month, the one that is most underweight at the time. For example, I invest in XIC (30%), VTI (30%), VEA (30%), and VWO (10%).  One month, I'll buy XIC, next month VTA, next month, VEA, then XIC again.  Eventually I'll buy VWO when it's $1000 underweight.  If one ETF tanks, I may buy it twice in a row to reach my target allocation, or if it shoots up, I may skip buying it for a while.  My actual asset allocation never ends up looking exactly like the target, but it trends towards it.  And I only pay one commission a month. If this is in a tax-sheltered account (main TFSA or RRSP), another option is to invest in no-load index mutual funds that match the ETFs each month (assuming there's no commission to buy them).  Once they reach a certain amount, sell and buy the equivalent ETFs.  This is not a good approach in a non-registered account because you will have to pay tax on any capital gains when selling the mutual funds."}
{"_id": "263795", "title": "", "text": "\"This BBC article says that nuclear power notes came about when the French energy company EDF purchased British Energy in 2008: The note changes in value with wholesale energy prices and power output levels from British Energy's existing nuclear stations. EDF Energy's website describes these notes under the section titled \"\"Nuclear Power Notes\"\": When EDF acquired British Energy in January 2009, Nuclear Power Notes were issued to British Energy shareholders who chose to take them in lieu of 74 pence of cash per British Energy share held. The Nuclear Power Notes are ten year financial instruments (2009 \u2013 2019) which give ex British Energy shareholders a continuing interest in the \u201cEDF Energy Nuclear Generation Fleet\u201d. They are traded on the ICAP Securities & Derivatives Exchange (formerly known as the PLUS Quoted exchange).   Each year a pre-defined calculation is performed to determine whether any cash will be paid to Nuclear Power Note holders. The calculation is dependent on the nuclear output of the EDF Energy Nuclear Generation Fleet (\u201cEligible Nuclear Output\u201d) and market power prices (\u201cPower Prices\u201d). This calculation may or may not result in a cash payment each year to Nuclear Power Note holders. The MWh/TWh are figures you see are measures of watt-hours, i.e. energy output. The value of nuclear power notes is tied to this output. Looking at the most recent statement (June 2013), you can see a line that looks like this: Month Ahead Price in respect of July 2013: 47.46 GBP/MWh which is an energy spot price for the output of the nuclear plants. I'm not entirely sure of the relationship between this and the payment to shareholders, but if you look at the 2012 Yearly Payment Calculation Notice on the same page, you'll see this in the first section: (a) the Yearly Payment for the period 1 January 2012 to 31 December 2012, (the   Relevant Year ) payable in respect of each CVR on 31 January 2013 shall be zero; The payments were also zero for 2010 and 2011. The 2009 calculation notice, however, states that (a) the Yearly Payment for the period 1 January 2009 to 31 December 2009, (the Relevant Year) payable in respect of each CVR on 31 January 2010 shall be 11.497164 pence stated to 6 decimal places I presume that payment would have appeared in whatever account holds these notes, e.g. your brokerage account. Technically, the financial statements above refer to a Contingent Value Rights (CVR) instrument, which is a derivative linked to the Nuclear Power Notes. This site sums it up better than I can: The British Energy CVRs were created by the issue of nuclear power notes (NPNs) to the target\u2019s shareholders who opted to take up this alternative. The NPNs were issued by Barclays Bank plc and were linked to guaranteed contingent value rights instruments that were issued to Barclays by EDF\u2019s acquisition vehicle (Lake Acquisitions) and which were ultimately guaranteed by EDF Energy plc (Lake CVRs). Barclays is required to make yearly payments to noteholders for 10 years, the amount of which is limited to the corresponding amount paid by Lake Acquisitions to Barclays for the Lake CVRs. Basically, there is a chain of payments through these derivatives that eventually links back to nuclear energy output.\""}
{"_id": "263803", "title": "", "text": "\"No, I'm sorry, but the fact that exchanges allow \"\"pay to play\"\" privelege to scalp orders is fairly well established at this time. It's skirts law simply because the exchanges don't profit *directly* from it. I understand that folks are upset that SEC is looking into turning off this free money faucet, but harranguing Katsayuma for opening a fair exchange that shuns the practice is a point of contention for me.\""}
{"_id": "263809", "title": "", "text": "1. Read history (Money of the Mind, Lords of Finance, bios of volker/greenspan, Against the Gods, Monetary History of the US, Citibank 1812-1970, If There Were No Losses, Technological Revolutions and Financial Capital) 2. Learn Python 3. Take accounting classes 4. Learn about whatever interests you and figure out how to build a thesis around it. Don't forget step 1."}
{"_id": "263810", "title": "", "text": "This isn't what I found in my travels in India.  I visited several textile factories and while standards could have been improved for the men and women working there, it wasn't any more or less degrading than something like orange picking here in the US.  And not a child was in sight.  Instead, child labor has gone underground.  The family I stayed with has a live-in servant girl that they pay 2000 rupees a month ($40 USD)."}
{"_id": "263829", "title": "", "text": "Yes, there are plenty of sites that will do this for you. Yahoo, and MarketWatch are a few that come to mind first. I'm sure you could find plenty of others."}
{"_id": "263837", "title": "", "text": "Nope. Everyone has a price.      You'd probably spend 1-2 years in prison for the right amount of money and a guaranteed multi-year high-paying position waiting for you after you got out. The company's legal team could work to scrub your record.    Politicians practically do the same thing... enter office, take a $175K annual salary for a few years, act as a vote proxy for a major corp, and exit office to a cushy high-paid corporate job."}
{"_id": "263841", "title": "", "text": "Getting hired comes down to positioning yourself effectively as the best possible candidate, someone a potential employer sees as a valuable asset with high potential. In order to do that, it\u2019s important to understand the top concerns employers have with hiring someone who's changing careers."}
{"_id": "263852", "title": "", "text": "Unless you have insider information (ILLEGAL!!!) don't go high risk over this time frame.  It makes about as much sense as betting on the horses. Stick it in a 3 or 6 month GIC at the pathetic rates the banks are giving."}
{"_id": "263864", "title": "", "text": "No.   The US manufactures more goods than any other country, and only China is close. However, instead of making clothes, the US makes higher value items, like medical equipment. The impression that manufacturing is dead in the US is because of this, and because manufacturing has become highly automated, so there are far fewer manufacturing jobs than there were in the past."}
{"_id": "263867", "title": "", "text": "\"I took a second mortgage when I moved house because I had a long-term fixed rate mortgage that would have incurred punitive fees if I had cancelled it. Rather than doing that I took a second mortgage over the same term for the difference. As my second mortgage was with the same lender, they still had \"\"First Charge\"\" on the property (This means that in the event of default they have first call on the property to recoup their losses), so the interest rate was not higher (actually it was slightly less than my first mortgage). My case is not that usual, normally a 'second mortgage' is with a separate provider that takes a \"\"Second Charge\"\" on the property. The interest rates are normally higher as a result as there is more chance that the lender will not recoup their money in case of a default as the first charge has priority. The second mortgage may still be cheaper than an unsecured loan, as the second charge provides some collateral, this might make it attractive if a sudden expense needs to be covered.\""}
{"_id": "263909", "title": "", "text": "&gt;[**5 \u0422\u041e\u041f \u041b\u0443\u0448\u0438\u0445 \u043a\u0440\u0430\u043d\u043e\u0432 \u0434\u043b\u044f \u0441\u0431\u043e\u0440\u0430 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b! \u0411\u0438\u0442\u043a\u043e\u0438\u043d \u043a\u044d\u0448, \u0414\u043e\u0433\u0438\u043a\u043e\u0438\u043d \u0438 \u0434\u0440\u0443\u0433\u0438\u0435! \u041b\u0443\u0447\u0448\u0438\u0435 \u0441\u0430\u0439\u0442\u044b 2017 [3:10]**](http://youtu.be/0EOs52eVKgI)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0438 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u0438 \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^1 ^views ^since ^Aug ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "263912", "title": "", "text": "Companies release their earnings reports over news agencies like Reuters, Dow Jones and Bloomberg before putting them on their website (which usually occurs a few minutes after the official dissemination of the report). This is because they have to make sure that all investors get the news at the same time (which is kind of guaranteed when official news channels are used). The conference call is usually a few hours after the earnings report release to discuss the results with analysts and investors."}
{"_id": "263934", "title": "", "text": "I wish this was the case in Canada.  I lost about 60k on my home in one year and have to sell now to move for work.    In the US I could simply default and the bank takes the loss.  In Canada if I default, CMHC pays the bank, then I'm sued by CMHC and stuck with the bad debt.    Simply put - here the onus of repayment is on the lender, not the lending institution.  It sounds good until you are the one looking at losing your shirt."}
{"_id": "263940", "title": "", "text": "* They have to accept some responsibility for submitting the order multiple times.  * If the price had gone up, would UBS be offering to return the shares they didn't mean to purchase?  * It hasn't cost them anything yet.  Not unless they sell the shares before the prices goes back up (which it likely will eventually)."}
{"_id": "263947", "title": "", "text": "\"In your example, no one has exchanged anything yet: &gt; All we have up to this point are promises, but no one has done any work yet.  When something goes wrong, no exchange has taken place so there is no direct economic impact, because no one is in debt. The farmer needs to get his barrel from somewhere else, but he has not lost anything other than time.  However in otherwiseyep's example, the cobbler has exchanged a pair of shoes for the promissory note: &gt;Tell you what: if you can write me a promise to pay twelve Loddars in October, I can give that to the shoe-maker.\"\"  When something goes wrong, there is a direct economic impact, because the farmer is in debt to the hunter, and the hunter is in debt to the cobbler.  I think otherwiseyep explains it best [in his response to another post](http://www.reddit.com/r/finance/comments/utf5u/where_has_all_the_money_in_the_world_gone/c4ypy2q).\""}
{"_id": "263949", "title": "", "text": "\"Banks have to disclose up front the Annual Percentage Rate or interest rate that will be charged if you have an outstanding balance on a credit card. However, the APR of 19.9% is not charged all at once. For example if you had a $100 dollar balance on your credit card you would not be charged 19.9% interest or 19.90 making your new balance 119.90. Instead you would be charged the periodic rate which is one month's interest. You can easily calculate the period rate by dividing the APR by 12. So, 19.9% equals 1.65833% per month. This means if you had a $100 balance you would be charged 1.65833% interest or 1.66 making your new balance 101.66. Ask the bank or look on the website for a document called \"\"Cardholders Agreement\"\". If you can't find a link ask them for a copy so you can read all the fine print ahead of time.\""}
{"_id": "263955", "title": "", "text": "\"This is basically martingale, which there is a lot of research on. Basically in bets that have positive expected value such as inflation hedged assets this works better over the long term, than bets that have negative expected value such as table games at casinos. But remember, whatever your analysis is: The market can stay irrational longer than you can stay solvent. Things that can disrupt your solvency are things such as options expiration, limitations of a company's ability to stay afloat, limitations in a company's ability to stay listed on an exchange, limitations on your borrowings and interest payments, a finite amount of capital you can ever acquire (which means there is a limited amount of times you can double down). Best to get out of the losers and free up capital for the winners. If your \"\"trade\"\" turned into an \"\"investment\"\", ditch it. Don't get married to positions.\""}
{"_id": "263956", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.slate.com/articles/business/moneybox/2017/07/why_can_t_americans_get_a_raise.html) reduced by 94%. (I'm a bot) ***** &gt; While several states raised the minimum wage, the federal wage floor remained stuck at $7.25.  &gt; Someone out of work for a year-and who had difficulty making mortgage payments as a result-is more likely to take the first job he could get, try to hold on to it for dear life, and accept poorer wages because the alternative to not having the job is difficult to imagine.  &gt; Policy can certainly help: The $15 minimum wage movement we&amp;#039;re seeing in many cities and states will certainly push some employers to raise wages.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ncd7p/what_westaboos_dont_wanna_see_why_cant_americans/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~166969 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **work**^#2 **job**^#3 **company**^#4 **American**^#5\""}
{"_id": "263957", "title": "", "text": "The trouble is that you're conflating crime with success. There are plenty of successful businessmen who have done absolutely nothing to you. Indeed, there are many whose only crime is that they provide goods and services that people want more than yours. Yet you would punish them as surely as any wall street banker who deliberately defrauded the people. Indeed, you would punish them with crushing taxation even whilst you fail to punish those who committed actual crimes and actually do deserve to be punished. This is why you're being ignored -- because you're attempting to disguise your greed as righteous indignation, and when someone points it out to you, you feign ignorance. I'm sorry, but we're not going to live our lives for you. You need to get a job."}
{"_id": "263965", "title": "", "text": "\"The real reason credit cards are so popular in the US is that Americans are lazy and broke, and the credit card companies know how to market to that.  Have you ever heard of the $30k millionaires? These were individuals that purchased as if they were some of the wealthy elite, but had no real money to back it up. American society has pushed the idea of \"\"living on credit\"\" for quite some time now. An idea that is even furthered by watching the US government operate solely on credit. (Raise the debt ceiling much?) Live in America for more than six months and you will be bombarded with \"\"Pre-Approved Deals\"\" with low introductory rates that are designed to sucker the average consumer into opening multiple accounts that they don't need. Then, they try and get you to carry a balance by allowing low minimum payments that could take in the neighborhood of 20 years to pay off, depending on carried balance. This in turn pads the credit companies' pockets with all of the interest you now pay on the account. The few truly wealthy Americans do not purchase on credit.\""}
{"_id": "263967", "title": "", "text": "Investopedia got some good tutorials on stocks and a good simulator to play around without loosing hard earned money.  http://www.investopedia.com/university/stocks/  http://www.investopedia.com/simulator/"}
{"_id": "263970", "title": "", "text": "As buildings become older, they need thorough as well as continuous maintenance.Often we can see cracks in the foundation due to poor quality of foundation works.In such cases, it is very important to strengthen the foundation, so that the building remains in the safe zone."}
{"_id": "263973", "title": "", "text": "\"Your employer appears to be stealing from you. I know, Canada -- but I'm assuming you have the distinct pleasure of getting paid in local currency. I know it's easier said than done, but if you can code decently in something like Ruby, just look online for local hackathons and Startup Weekend events.  Every single on I have attended, one or more professional speakers ends their presentation with \"\"and we're hiring developers\"\". Even if that doesn't happen, you'll get some great opportunities for networking and you will have a rudimentary public project to share with potential leads.  Plus they are fun.\""}
{"_id": "263988", "title": "", "text": "Making a profit in trading is not a function of time, it's a function of information, speed, and consistency. Regardless of how much time you spend learning about trading, there is no guarantee that you will ever become profitable because you will always be competing against a counter-party who is either better- or more poorly-informed than you are.  Since trading is a zero-sum game, someone is always a winner and someone else is always a loser. So you need to be either better informed than your counter-party, or you need to be as well informed as them but beat them to the punch. You also need to be able to be consistent, or else eventually you will get wiped out when the unexpected happens or you make a mistake. This is why resources such as full-time professional analysts, high-speed trading terminals/platforms, and sophisticated algorithms can provide significant advantages. Personally, I think that people with talent and those kinds of resources would take all my lunch money, so I don't trade and stick to passive investing. One funny story, I once knew a trader who was in the money on a particular trade and went out to have a drink to celebrate. The next day, she remembered that she had forgotten to exercise the options. Luckily, they had expired while in the money, and by rule had been exercised automatically as a result."}
{"_id": "263992", "title": "", "text": "I am kicking myself for closing the pages I had open regarding this. After some further probing, I found that the information I had read earlier was partly false, and that Samsung and LG manufacture their products independently. I suppose that's what I get for doing only cursory research. I'll edit my comment accordingly.   The fact that they are competitors still stands. [The Wikipedia entry](http://en.wikipedia.org/wiki/Samsung_Electronics) for Samsung lists LG as its main competitor in multiple areas, and the two have [had](http://www.techieinsider.com/news/15215/lg-samsung-battle/) [their](http://www.engadget.com/2012/09/05/samsung-asks-for-south-korean-injunction-against-lg/) [share](http://www.digitalversus.com/lg-strikes-back-oled-patent-war-against-samsung-n26315.html) of disputes."}
{"_id": "263999", "title": "", "text": "There are two very small catches. You have just increased your available credit.  In some cases when you want to make a loan, they will check your available credit against your creditworthiness (your income and credit history). In the short term with a greater credit limit, you may have more difficulty getting a large loan.  On the other hand, your greater credit limit will make you seem more creditworthy (as you have been walking around with the ability to borrow a whole pile and demonstrated the ability to not go bankrupt). The other possible catch is that if something goes wrong and your credit line is maxed (maybe you have a psychotic episode; maybe you give your credit card and pin number to someone who buys a car on you), your liability is larger. If you can maintain spending discipline and don't need every ounce of credit head room right now, neither of these apply.  In the medium to long term, a lower credit utilization and a higher total limit will make you more creditworthy."}
{"_id": "264010", "title": "", "text": "What are you missing? Volume. Bank of America is more than willing to refinance a loan from Wells Fargo as long as the loan is still profitable. There are some caveats with that, though. For one, many land have penalties if they are paid off within two or three years. Additionally, the fact that banks are offering to refinance at great rates doesn't mean that you'll be approved, or that you'll get those rates. If you could post some actual numbers, we could help you see if it's a good deal to refi, and explain exactly where the bank expects it's profit."}
{"_id": "264023", "title": "", "text": "\"when you contribute to a 401k, you get to invest pre-tax money. that means part of it (e.g. 25%) is money you would otherwise have to pay in taxes (deferred money) and the rest (e.g. 75%) is money you could otherwise invest (base money).  growth in the 401k is essentially tax free because the taxes on the growth of the base money are paid for  by the growth in the deferred portion.  that is of course assuming the same marginal tax rate both now and when you withdraw the money. if your marginal tax rate is lower in retirement than it is now, you would save even more money using a traditional 401k or ira. an alternative is to invest in a roth account (401k or ira). in which case the money goes in after tax and the growth is untaxed.  this would be advantageous if you expect to have a higher marginal tax rate during retirement. moreover, it reduces tax risk, which could give you peace of mind considering u.s. marginal tax rates were over 90% in the 1940's. a roth could also be advantageous if you hit the contribution limits since the contributions are after-tax and therefore more valuable. lastly, contributions to a roth account can be withdrawn at any time tax and penalty free. however, the growth in a roth account is basically stuck there until you turn 60. unlike a traditional ira/401k where you can take early retirement with a SEPP plan. another alternative is to invest the money in a normal taxed account.  the advantage of this approach is that the money is available to you whenever you need it rather than waiting until you retire.  also, investment losses can be deducted from earned income (e.g. 15-25%), while gains can be taxed at the long term capital gains rate (e.g. 0-15%). the upshot being that even if you make money over the course of several years, you can actually realize negative taxes by taking gains and losses in different tax years. finally, when you decide to retire you might end up paying 0% taxes on your long term capital gains if your income is low enough (currently ~50k$/yr for a single person). the biggest limitation of this strategy is that losses are limited to 3k$ per year. also, this strategy works best when you invest in individual stocks rather than mutual funds, increasing volatility (aka risk). lastly, this makes filing your taxes more complicated since you need to report every purchase and sale and watch out for the \"\"wash sale\"\" rules. side note: you should contribute enough to get all the 401k matching your employer offers.  even if you cash out the whole account when you want the money, the matching (typically 50%-200%) should exceed the 10% early withdrawal penalty.\""}
{"_id": "264029", "title": "", "text": "Don't pay it, see a lawyer.  Given your comment, it will depend on the jurisdiction on the passing of the house and the presence of a will or lack thereof.  In some states all the assets will be inherited by your mom.  Debts cannot be inherited; however, assets can be made to stand for debts.  This is a tricky situation that is state dependent.   In the end, with few assets and large credit card debt, the credit card companies are often left without payment.  I would not pay the debt unless your lawyer specifically told you to do so.   Sorry for your loss."}
{"_id": "264041", "title": "", "text": "Have them contact their embassy for help. They may be able to facilitate the transaction. This answer assumes that this isn't a scam, and that the 'friend' is really in trouble."}
{"_id": "264053", "title": "", "text": "Buy a land and build a house. Then plant wine trees. Hire people after like 5 years and start to do and sell wine. A beautiful business :-) A second opation is to buy a houses in a city and rent rooms."}
{"_id": "264059", "title": "", "text": "Yes, that is a problem. When you have ex-Goldman Sach's CEO's become Treasury Secretaries or Governors of NJ, they are bound to have influence that favors their older company.   Hence we need agencies like Elizabeth Warren's CPFB that audits and checks the govt.   However, my main point is that you cannot expect exchanges to self regulate so the min. HFT hold time of 5 secs imposed by exchange will likely not happen by the exchange on its own volition. You will need govt. law to impose it."}
{"_id": "264067", "title": "", "text": "well you had it a bit backwards. the more liquid a market is, the less important the idea of insider information becomes. this is the opposite in less liquid markets - such as low volatile stocks about to announce earnings. knowing the earnings would net you a much larger percentage than, say, knowing if the ECB will cut rates of not. the change will be a much larger % and as with currencies, it is more important to know what the major players are planning - as in, central banks and reserves, carry trades, etc."}
{"_id": "264068", "title": "", "text": "\"If a person is not a U.S. citizen and they live and work outside the U.S., then any income they make from a U.S. company or person for services provided does not qualify as \"\"U.S. Source income\"\" according to the IRS.  Therefore you wouldn't need to worry about withholding or providing tax forms for them for U.S. taxes.  See the IRS Publication 519 U.S. Tax Guide for Aliens.\""}
{"_id": "264069", "title": "", "text": "Hang on, hang on... I am willing to bet there are a lot of farmers that do it for the money, and a lot that do it because they want to provide a better product (e.g. free range pigs) along with the money.  My point was they're not mutually exclusive. Same goes for pharma. And frankly I've contracted in the industry. I've seen heads of R&amp;D get tipsy and come to tears thinking of the kids they've seen with fibrosis in poor countries. I never said they're a charity - they're not - however, I've seen them do amazingly charitable things when instead they could've just given back to shareholders."}
{"_id": "264071", "title": "", "text": "The real question you should be asking is how much should tax dollars, and govt in general, really be responsible for? The only reason you think it might be acceptable to increase taxes on investments is because you want more money going to govt and to whatever you think govt should be responsible for doing. Well, I probably think it should be responsible for less. And there are likely to be folks who think govt should do even more than you believe.  Who's right?"}
{"_id": "264075", "title": "", "text": "How would I go about this so that I can start using this money? You would open the LLC. The checks were not written out to you, they were written out to the LLC. Only the LLC can endorse them."}
{"_id": "264085", "title": "", "text": "You could make a browser plugin that did that I would think.  Does such a thing exist already?  It would track which sites you go to, and for how long. And whichever sites accepted payment through them it would distribute your budget to every month.  I imagine you would have to review the payment at the end of the month, just to verify and to prevent fraud."}
{"_id": "264087", "title": "", "text": "Let's change up the factors in this equation.  Bruce is a board member of a company providing seed for corn and other crops to farmers all over the nation. John is a candidate, and one of his platforms is to eliminate all agricultural subsidies. Bruce campaigns very vocally for John, and John wins the election.  Should Bruce get a bad grade as a board member because of this? To be clear... we are not talking about a removing him from the board at this point. Just a grade. I don't really see how you don't factor Bruce's support for John into this equation when making the grade."}
{"_id": "264094", "title": "", "text": "It doesn't matter. An email service does not appear less professional then a URL.  While a URL is nice, it's not a major eyegrabber in the world of professionalism, only how you manage yourself and the work you put out will determine your professionalism.  In the end, don't worry about the email; worry about the work and the quality."}
{"_id": "264095", "title": "", "text": "\"Your relatively young age and the current very low bond interest rates make annuities a very poor buy. And most of the other suggestions you have mentioned have very low diversification, which exposes you to imprudent risks. Buying shares for dividend income can solve the diversification problem by averaging out your totals as different shares change by different amounts. There is no really good solution to the problem of share price volatility except to ignore it: Take your dividends and pretty much ignore the bouncing around of the share price. They usually recover in a year or three. Owning shares of companies that reliably increase their dividend payouts is the only investment type that gives you both diversification and regularly increasing income to counteract inflation over the years. Read some investment books and consider consulting with a financial advisor who charges a fee for the advice. I.e., you don't want \"\"free\"\" advice.\""}
{"_id": "264100", "title": "", "text": "Great advice! Whenever you hear criticism or praise, remember that it is just coming out of one individuals' mouth. It is the opinion of one person out of the other 7 billion. Be humble when praised and thick skinned when criticized, but do listen and take in consideration all feedback."}
{"_id": "264121", "title": "", "text": "Already 20% of lattice sold in NJ is grown in a huge former warehouse in Newark NJ.  **Wait until meat is grown in labs, in 5-10 years!**  Then cows, pigs, sheep, goats, chicken and turkeys will a curiosity animal only existing in Zoos. Most of global warming and pollution will be gone (raising farm animals is bigger polluter and harmful gas emission than cars) and food will be dirt cheap, clean and healthy."}
{"_id": "264123", "title": "", "text": "\"Regardless of what the credit reporting agencies or brokerages say, the fact is that brokerage margin is not reported to the credit reporting agencies. I have \"\"borrowed\"\" hundreds of thousands of dollars on margin from dozens of brokerages over the years and have never seen a dime of it reported nor have I ever heard of it ever being reported for someone else.  ...and it's easy to see why this would be so because \"\"borrowing\"\" on margin isn't really borrowing at all because you always must have positive equity in the account at all times. So you aren't borrowing anything, you just have an investment contract that determines your gains/losses as if you had borrowed (in other words, it's simulated).\""}
{"_id": "264126", "title": "", "text": "\"The other answers demonstrate that you'll receive a paltry amount of money in two days, by comparing to things like wages, the cost of electricity, etc. But the real point is you're incurring risk by paying late, in particular, the realistic risk of the post office messing up. That's not worth it, and it's this kind of overhead that people usually mess up when trying to optimize their finances. (More commonly, it's \"\"I can save 5 cents by doing this, but there's about a 400% chance I'm going to mess everything else up since I don't have infinite mental bandwidth). You asked a good and important question, but for your actual situation I must emphasize it's terrible personal finance to risk dropping your books for a superficial optimization.\""}
{"_id": "264132", "title": "", "text": "I've only got the equivalent of an associates (I think). It's a three year program at the Technologist level. It was not an easy program. We lost 1/3 of the remaining class each year it seemed. I think the money is due to the multidisciplinary nature of the work. Chemistry, electronics, mechanics, physics, programming, networking, all at a reasonable level on a daily basis. Plus there is an insane amount of responsibility right out of the gate and some people don't handle that well."}
{"_id": "264152", "title": "", "text": "Holmes, then Senior Vice-President of the New York Federal Reserve, noted that the key Monetarist policy prescription of regulating the economy by \u201ca regular injection of reserves\u201d was based on \u201ca na\u00efve assumption\u201d about the nature of the money creation process:  The idea of a regular injection of reserves\u2014in some approaches at least\u2014also suffers from a na\u00efve assumption that the banking system only expands loans after the System (or market factors) have put reserves in the banking system. **In the real world, banks extend credit, creating deposits in the process, and look for the reserves later**. (Alan R. Holmes, 1969, p. 73)  Holmes would turn in his grave at Krugman\u2019s na\u00efve assertion, half a century later, that banks need deposits before they can lend.   commercial banks can create money out of thin air:  http://www.youtube.com/watch?v=zc_fpGfyqGE&amp;feature=player_detailpage#t=509s  http://www.youtube.com/watch?list=UL327SJH0xcew&amp;v=327SJH0xcew&amp;feature=player_detailpage#t=597s"}
{"_id": "264153", "title": "", "text": "&gt; Not to mention that pnl is really all you have to judge a trader  Annnnd this is how I know your only experience is retail trading.  Voice trading still represents a large amount of volume in the market (especially in OTC products) and having existing relationships is a guarantee for better points.  I see the reality of this every fucking day.    Not to mention traders performance is also susceptible to in house analysis and risk management... both of which at a major firm are determined and managed by different individuals (research and risk officers).  It's not like Two Sigma welcomes you in, gives you a $500 mio FI portfolio and lets you do whatever the fuck you want.  Hedge fund traders operate under the strategy that was profiled to the investors.  Traders are there to execute profit earning transactions within the guidelines of the overall strategy of the firm and within their risk profile... Meaning if you're managing a pension fund on a global macro strategy at one firm and achieve moderate returns of 15-20%, you're going to be viewed far more favorably than at another firm making 20-25% managing an alternative investments/listed derivatives fund."}
{"_id": "264156", "title": "", "text": "\"The title of the article is totally misleading. It could just as easily have been \"\"taking food stamps away from Americans hurts the poor\"\".  It's just a ramble of statements with nothing specific to support any of them.  There's no explanation as to why NAFTA is not benefitting Americans. And at points the comments are contradictory - he mentions that free trade supports growth... well duh.  Save yourself 30 seconds of your life and take a pass on this post.\""}
{"_id": "264160", "title": "", "text": "\"I started with lending club about a year ago.  I love it.  It has been insightful.  Off topic, but I am in a loan to a guy who make 120K a year and is regularly late and has a pretty high interest rate.  Crazy. You gain some economies of scale by going with a bigger note.  I have $100 notes that I get hit for 2 or 3 cents for a fee, where $25 notes are always a penny.  However, I don't think that should be your deciding factor. I scale my note purchases based on how much I like the status of the borrower.  For example, I did $100 (which is currently my max) for a guy with a reasonable loan amount 16K, a stable work history (15+ years), a great credit history, and a great interest rate (16.9%).  If one of those things were a bit out of \"\"whack\"\".  I might go $50, two $25.   I prefer 36 month notes, really 5 years to get out of debt?  It is unlikely to happen IMHO. Keep in mind that if you invest $100 in a loan, then you get one $100 note.  You can't break them up into 4 $25 notes.  For that reason, if you are likely to want to sell the note prematurely, keep it at $25.  The market is greater.   I've had a lot of success using the trading account, buying further discounted notes for people who want out of lending club, or get spooked by a couple of late payments and a change in billing date.   Another advantage of using the trading account is you start earning interest day 1.  I've had new notes take a couple of weeks to go through.   To summarize: There are some other things, but that is the main stuff I look at.\""}
{"_id": "264175", "title": "", "text": "\"When it comes to Norway there is also a cultural aspect, that translated into politics: Natural resources are seen as belonging to the people. Therefore, natural resources are not sold to the higher bidder. For instance, the oil companies pay an extremely high extra tax in Norway - around 80 % tax. This means that most of the profit from the oil and gas goes back to the people and are put into a common wealth fund - rather than going to a few share holders in oil companies. Over the years, this has added up to a considerable amount of money. This would not work in places like the US, because it is seen as \"\"Socialism\"\" not to let the oil companies and others rip off the population\""}
{"_id": "264184", "title": "", "text": "It means a government giving out money to encourage a particular product (or service) to be bought or sold. Some people will use the word more loosely to refer to any financial incentive, even if it's not coming from the government. Wikipedia has a list of examples that may be helpful: http://en.wikipedia.org/wiki/Subsidy A commonly-mentioned one is farm subsidies, where farmers are paid to produce certain crops."}
{"_id": "264191", "title": "", "text": "I had an RRSP account with a managed services account at a major Cdn bank that increased its fees to $125 a year per account.  Because I could not trade any of my funds living in the US, it made no sense to throw away $500 a year for nothing (two accounts for me and two accounts for my wife - regular RRSP and locked in RRSP).  I was able to move all my accounts to TD discount brokerage without any issue.  I did this two years ago."}
{"_id": "264192", "title": "", "text": "Revenue is not profit. The *vast* majority of that revenue goes to the rest of the value chain of the products (manufacturers &amp; distributors). [Wal-Mart's profit margin is 3.77% of revenue](http://finance.yahoo.com/q/ks?s=WMT).  It's like saying VISA gets all the hundreds of billions of dollars people put on their credit cards, which is true, for a short period of time.  But if you dont want to do any critical thinking and just looking for confirmation of your beliefs, this infographic is great. :P"}
{"_id": "264195", "title": "", "text": "\"You are forgetting one crucial point regarding the money supply.  The US Federal Reserve increases the money supply, meaning some of the money is not really loaned, it just appears out of nowhere.  At first glance this seems even worse: over the short term, the Fed changes the money supply to help the economy in whatever way it sees fit.  But over the long term, the money supply increases to reflect economic growth.  As new technology is introduced, more can be accomplished with the same labor and resources, and thus the money supply needs to be increased.  Money is really just a convenient replacement for the barter system, so if there are more things to barter \"\"for\"\" (goods and services) then there should also be more things to barter \"\"with\"\" (money). Also keep in mind inflation.  The cost of goods and services goes up over time due to the inflation of currency, and so the money supply must also be increased so that those goods and services do not artificially increase in value, which would be very bad.\""}
{"_id": "264214", "title": "", "text": "I don't understand why that's a rip off, it was cheaper to have one less battery design and they were able to get cars to more customers because of that. Obviously they have a nice profit margin that they cut into to offer it, but based on the market size it made more sense to do that, customers are happy too because they get to defer cost for a nicer car, or get more life out of the one they bought?"}
{"_id": "264218", "title": "", "text": "If you work for crap wages at Walmart or mcdonalds and are still there making crap wages 14 years later then you have done nothing to better yourself. If you're not willing to invest in yourself and demand a better paying job then why do you expect to get hand outs. The system is complicated it can be won but you have to be willing to work hard for it. Too many people sit on their hands and wait for hand outs."}
{"_id": "264224", "title": "", "text": "Oh man.  There was a nice place that kept the bar open late.  Out of college we'd go there later in the evening (after ten) now and then.  The bar tenders actually learned who we were (they weren't a busy place that late) and would rarely charge us for more than a few drinks.  We'd order small plates and stuff too.  I'd try to tip at least based on what stuff SHOULD have cost so the tip was almost always bigger than the bill.  Loved that place."}
{"_id": "264226", "title": "", "text": "\"&gt; You really believe everything they're selling you?  I am willing to challenge my beliefs. Other than my conclusion of \"\"strong government makes demands but is still good\"\", what in any of my last post do you think is wrong?\""}
{"_id": "264228", "title": "", "text": "Having a loan also represents risk.  IMHO you should retire the loan as soon as feasible in most cases.   JoeTaxpayer, as usual, raises a good point.  With numbers as he is quoting, it is tolerable to have a loan around on a asset such as a home.  While he did not mention it, I am sure that his rate is fixed. If the interest rate is variable:  pay it off. If it is a student loan:  pay it off. If you can have it retired quickly:  pay it off and get the bank off your payroll. If it is consumer debt:  pay it off."}
{"_id": "264235", "title": "", "text": "Rent. You have no idea whether you will still be in the same part of the country five years from now; you may not even be in the same country. A house is a boat anchor you really do not need or want at this time. It's also a set of obligations you may not want to take on yet.  And buying is not automatically more financially advantageous than renting, when you remember that money not going into the house can go into your retirement plan or other investments."}
{"_id": "264237", "title": "", "text": "\"This can be answered by looking at the fine print for any prospectus for any stock, bond or mutual fund. It says: \"\"Past performance is not an indicator of future performance.\"\". A mutual fund is a portfolio of common stocks, managed by somebody for a fee. There are many factors that can drive performance of a fund up or down. Here are a few:  I'm sure there are many more market influences that I cannot think of that push fund prices up or down. What the fund did last year is not one of them. If it were, making money in the mutual fund market would be as easy as investing in last year's winners and everyone would be doing it.\""}
{"_id": "264238", "title": "", "text": "I normally just do a buy limit at the price I want to buy it at. Then it executes when it's that price or lower, but there's still a chance you might purchase some shares at a larger price. But since we're small fry and using brokerages, there's not much we can do about it."}
{"_id": "264249", "title": "", "text": "The gloves are one of the very vital  [MMA gear](http://www.mmasportinggoods.com/) and to be dilapidated during matches. One could or could not be dressed in gloves during practice. On the other hand, the people who do not make use of them put their hands to the danger of getting injured very badly."}
{"_id": "264258", "title": "", "text": "I like how they skipped the parts about how aspirin increases the risk of gastrointestinal bleeding and how it's a bad thing that if you don't have heart problems it reduces the clotting factor in the blood, not to mention causes iron deficiency."}
{"_id": "264263", "title": "", "text": "\"Read the check: it says \"\"Pay to the order of ...\"\". It's simply an order from you to your bank to give money to someone. It can be written on anything. Back in the olden days (a hundred years or so ago) it would have simply been a letter to the bank. Those rules haven't changed much with today's automation. What matters is that the order comes from you, which means it must have your signature. If the bank pays a check with a fraudulent signature they're responsible. Granted, banks don't look very carefully at checks any more (I once accidentally swapped two checks when I paid bills, and the phone company simply gave me a $700 credit on my $50-a-month account), but if they screw up it's their problem.\""}
{"_id": "264268", "title": "", "text": "An investigation about bailout money is not an audit.   And what's wrong with a gold standard? In the 40 years since we've been off it productivity is way down and gains have evaporated from the middle class going largely to the super rich."}
{"_id": "264271", "title": "", "text": "This might be blasphemy in the context of an audience that may be most focused on the gift itself, but you should be donating in a manner that helps advance the landscape, as well as your particular favourite charity. Almost 90% of businesses are in the process of trying to move away from issuing and receiving checks, and several countries in the world have already stopped using them. Checks are inefficient, costly and in a resource constrained environment like that facing most charities, create an opportunity cost that is even higher than the manual processing cost that flows directly.  As donors, we need to think about scale in a manner that many individual charities don't.  Send your donation via ACH!"}
{"_id": "264283", "title": "", "text": "Looking at these reviews I would filter them too. They do look like they're either straight copies of each other or they sound like they're written by the same person; A commercial writer. There are just patterns in the structure that you don't see from more random reviews."}
{"_id": "264289", "title": "", "text": "Echoing the others, never lend money to a friend or family member, just give it to them.   If you must have a contract in place then consider it a pay it forward type contract where the friend simply gives the same amount to someone in need at a future date.   The value of the friendship can never be measured, but it surely will be diminished by the amount of the loan between the two of you."}
{"_id": "264297", "title": "", "text": "\"My advice is to quit worrying about the salesman's tactics.  They are a distraction.  What do you want?  How much are you willing to pay for it.  If you want the instrument, decide how much you want to pay for it.  Round down to the next even hundred.  Take that much in $100 bills.  Put the money in his hand and say, \"\"This is what I have, take it or leave it\"\".  You must be prepared to walk out of the store without the instrument.\""}
{"_id": "264303", "title": "", "text": "Not my argument at all - corporate profits are down and wages are either stagnant or down (one of the hardest things to measure because it doesnt measure fringe benefits pension etc) -- my problem with that statement is that if companies just pay their employees more it will 'create' demand, it simply does not. If companies pay their employees more for the same amount of output it will just drive up the cost of goods leaving us with the same shitty demand."}
{"_id": "264315", "title": "", "text": "Having not seen the full raw data of the study, I would just like to put their sample size in some perspective:  Amazon has 341,400 employees. Statistically even in a very good system its entirely possible to have 100 that didnt have the best experience. Thats a sample of .00029 of the employees and that doesnt even get into the other consultants/contractors that might work with the company a modest amount. That doesnt really speak fairly whatsoever to the intents nor effectiveness of the implementation of Jeff Bezos or anybody else really at the company. I have not read of a company thats ambitious or effective in any respect that hasnt had some stressful moments."}
{"_id": "264326", "title": "", "text": "\"You sound like you're already doing a lot to improve your situation... paying off the credit cards, paying off the taxes, started your 401k... I'm in a similar situation, credit ruined & savings gone after the divorce.  I know it feels like you're just spinning your wheels, but look at it this way: every monthly payment you make on a debt directly increases your net worth.  Paying those bills regularly is one of the single best things you can do right now. As for how you can improve your situation, only two things really jump out at me: 1) $1,300 in rent, plus $300 in utilities, seems quite high for a single man.  I don't know the housing costs in your area, though.  Depending on where you live, you could cut that in half while still living alone, or get a roommate and save even more.  You might have to accept a \"\"suboptimal\"\" living arrangement (like a smaller apartment), but we all have to sacrifice at times. 2) That last $1,000... you really need to budget how it's being spent.  Consider cooking at home more / eating out less, or trading in your car for one with lower insurance premiums.  Or spending less money on the kids.  You say it's for their entertainment, but don't say what that is... are we talking about going to the movies once a month, or rock concerts twice a week? 3) If the kids are on their own for college, it's not the end of the world.  I know you want to provide the best future you can for them... help them get good grades, and it'll do more for them than any amount of money. After all those & any other ways you find to save money, even if you can only put a hundred bucks in a savings account at the end of the month (and I'd be surprised if you couldn't put five), do it.  Put it in, and leave it there, despite the temptation to take it out and spend it.\""}
{"_id": "264330", "title": "", "text": "\"If your parents are not on the deed then I am not sure how it could be their house. It seems like the sale was done unofficially. If your parents or aunt pass away this could be a real mess. Make this official ASAP. It might be possible for your aunt to gift you the house. This may have tax implication but the article below suggests that it may not be an issue. http://www.bankrate.com/finance/real-estate/aunt-be-taxed-for-bargain-price-on-house.aspx As you're probably aware, owning a house is expensive. Make sure you can afford taxes, bills, and maintenance. Things add up fast.  I should have address the \"\"rent to own\"\" plan. If you plan on transferring the house from your aunt to you by renting with $0 monthly payment and then claiming it is all paid off, then I think this would be considered a gifting of the house from your aunt to you. It sounds like fraud to claim you paid something that you didn't. In the end, it is either a gift from your parents or from your aunt. The sooner you get the house in your name the better\""}
{"_id": "264341", "title": "", "text": "Will having a lower credit limit, which I will still never reach, negatively impact my ability to get a mortgage in future? This would increase your utilization, the percentage of your total available credit that you use at any one time.  Because it decreases the divisor, your total available credit, while not changing the dividend, the amount of your credit that you use.  In the United States, you generally want utilization to be between 8% and 30%.  So if this increases your utilization, it could hurt your credit score (or if your utilization is low enough, possibly help it).   I do not know if the rule is the same in the United Kingdom or not, but this site claims that it is at least similar.   22% is an OK utilization, assuming you have no other debt.  But a utilization of 17% is closer to 8% and may be better.  It may be worth calling them to keep your credit limit where it is if they don't ask too much from you."}
{"_id": "264396", "title": "", "text": "Nobody is going to buy a stock without returns.  However, returns are dividends + capital gains.  So long as there is enough of the latter it doesn't matter if there is none of the former. Consider:  Berkshire Hathaway--Warren Buffet's company.  It has never paid dividends.  It just keeps going up because Warren Buffet makes the money grow.  I would expect the price to crash if it ever paid dividends--that would be an indication that Warren Buffet couldn't find anything good to do with the money and thus an indication that the growth was going to stop."}
{"_id": "264400", "title": "", "text": "\"&gt;&gt; I propose to make the requirements for finish high school and college degrees much much higher, as it was in the past.  &gt; Not gonna happen.  Totally agree with you! What I was proposing is what SHOULD be done.  &gt; waiting for disadvantaged kids to get higher scores will not happen until they get accepted into college.  Even then! Almost all disadvantaged kids, smart or not smart, the diploma they get is almost worthless. The diploma will not give them much advantage or improve their situation. The diploma barely even helps very smart kids from rich advantaged homes.  Actually, if in the past, no matter who you knew, no matter your family background, a diploma will almost always GUARANTEE a secure and advantaged life.  &gt; If you force schools to gain their income from future students earnings they will have high concern for kids that have a good P/E ratio. It will also stop the loan industry from putting these kids into debt.  In theory, you are correct. In practice, many many problems to implement. For starters, this makes college a very risky business because it's very hard to predict future income of its students, even the very smart and accomplished students. And I will give you a related example: colleges teach Computer Science (Programming) to many kids today, but the profession is about to die due AI and automation + outsourcing. This was unexpected 1-2 years ago.   Barely economists can predict the economy, so you want colleges to predict income based on what is taught?  &gt; The downside is that it may turn colleges into trade techs,   Actually, colleges are already trade techs because, today, almost all students study just(!) for the hope to get a job.  In the past, you studied to become a scholar and wise, and then pick some kind of a job of your interest where being generally smart and knowledgeable is needed.  BOTTOM LINE: Since you and I know that nothing will be done, no higher standards and no future-income based tuition, here's what what's happening with my son, which is what happened with me, which is still happening in Germany. No, I am not German, but I come from a German culture - my parents are of German descent, but I was born and raised in Israel.  It's called \"\"Master and Apprentice\"\".  I have been working since I was 13, with computers, and if you consider my age (55), when I was 13, no PCs with internet, and only punch cards were used to access a computer. My parents did not push me... it was me who felt the need to work, while I was studying (just like my father had that need when he was young).  My son, 13 today, but since he was 10, the apple does not fall far from the tree, found work (he's not even allowed to work by law) and is making money. He's right now teaching, administering and designing Minecraft \"\"worlds\"\" and applications.  **Hands on experience, especially taught from a Master is better than any Diploma!!!!**  He will probably go to some so-so college to get a piece of paper called \"\"Diploma\"\" WHILE he will continue working in whatever he's interested.  He will be successful like I am (not trying to brag). I never pushed him, but I explained to you some realities of the world.  LAST WORD: actually, most Masters, real Masters, are desperate to teach, for free, their knowledge, vision and know. And the system does not allow them to do that, to protect the colleges and universities. Only in Medicine, it's still happens. Think about it!!!!!\""}
{"_id": "264408", "title": "", "text": "If the car is in otherwise good shape, it's always less expensive to keep it longer. Think of it this way: you have to buy new tires no matter what. It's just a question of whether or not those new tires are attached to a new car or your current car."}
{"_id": "264425", "title": "", "text": "NL7 is most likely right. With the rise of regulatory burden some financial institutions are refusing to do business for which they are at risk of not being compliant (because of complexity) or where being compliant is to onerous. Would suggest you have a look at  Good luck"}
{"_id": "264469", "title": "", "text": "Searching for to sell ipad? You can sell your ipad on sellmyfone.com very easily and very fast as well also at good price. The main mission is to transform the way people sell their old ipad by sell online. You can sell your ipad with the least amount of efforts."}
{"_id": "264473", "title": "", "text": "Now days, startup business owners are so desperate for tapping into the billions of pounds hovering around various establishments that they will definitely go to greater lengths for getting or presenting  their business plan to the top investor. This kind of continuous bombardment might frustrate several investors to certain extent that they will never want to listen about those specific organizations again. Venture capitals might also invest in various startup businesses beyond pitches of their own research thematic into industries or sectors where they consider disorderly organizations can materialize too. Know More"}
{"_id": "264474", "title": "", "text": "Forex trading is easy, but developing the discipline and skills necessary to trade and be consistent in profits over an extended period of time takes years to achieve. As a beginner in currency trading it is quite normal to have the potential profits as your driving force, but when you jump into the trade without a plan, your chances of making at profits remain just hopes and you may never succeed. Fortunately, you can always borrow a leaf from the experts to help you start with a firm foundation to increase your success rates."}
{"_id": "264476", "title": "", "text": "It's best to roll over a pension plan, you don't want to pay the penalties especially when you are young. Rolling over into another scheme, or rolling over into a scheme that is somewhat self directed would avoid the penalty and could help you achieve higher returns should you feel you will perform better. Making regular monthly or biweekly contributions is imperative so that you catch compounded returns on your investments. Since you state that you are inexperienced, I would suggest rolling over into the new scheme and sitting with the pension advisor for the company, ie Prudential, etc. Telling them some key information like your age, in how many years you expect to retire, your current income, your desired pension income per year and such will greatly help them ensure that you come as close to your goal as possible, providing nothing horrendous happens in the market."}
{"_id": "264490", "title": "", "text": "\"The VIX is a mathematical aggregate of the implied volatilities of the S&P 500 Index components. It itself cannot be traded as there currently is no way to only hold a position on an implied volatility alone.  Implied volatility can only currently be derived from an option relative to its underlying.  Further, the S&P 500 index itself cannot be traded only the attempts to replicate it.  For assets that are not tradable, derivatives can be \"\"cash settled\"\" where the value of the underlying is delivered in cash.  Cash settlement can be used for underlyings that in fact due trade but are frequently only elected if the underlying is costly to deliver or there is an incentive to circumvent regulation. Currently, only futures that settle on the value of the VIX at the time of delivery trade; in other words, VIX futures holders must deliver on the value of the VIX in cash upon settlement.  Options in turn trade on those futures and in turn are also cash settled on the value of the underlying future at expiration. The VXX ETF holds one to two month VIX futures that it trades out of before delivery, so while it is impossible to know exactly what is held in the VXX accounts unless if one had information from an insider or the VXX published such details, one can assume that it holds VIX futures contracts no later than two settlements from the preset.  It should be noted that the VXX does not track the VIX over the long run because of the cost to roll the futures and that the futures are more stable than the VIX, so it is a poor substitute for the VIX over time periods longer than one day. \"\"Underlying\"\" now implies any abstract from which a financial product derives its value.\""}
{"_id": "264498", "title": "", "text": "I read the article.  They've shut down foia requests with the recent updated foia legislation, the guy says that big business owners will slander them in the news if they publish anything on them,  try to sue them, insurance companies won't insure them, wealthy people won't donate.  Essentially is you go after big corporate power you get shut down.   Edit: I am for it."}
{"_id": "264509", "title": "", "text": "&gt; These people have no hope of ever making a return on their investment in their homes.  That's... not really the point of a house. Thinking like this is how we got into the housing crisis. At the literal end of the day, it's somewhere to keep your stuff while you sleep."}
{"_id": "264517", "title": "", "text": "\"It is very hard to find any \"\"tough math\"\" application that isn't already packaged nicely in a library or app. Unless you're out to break grounds, you don't need to do any math beyond knowing what function to call and what button to click. After went through and understanding a bunch of the option pricing equations, I forgot 99.9% of them already. Why? Because in a day to day basis, all I needed to know is which function to call in quantlib and trust whoever wrote quantlib know what they're doing.\""}
{"_id": "264526", "title": "", "text": "The biggest problem is that the rate of return for a completely immunized program is really low.  Especially, now, given the low rate of return, the cost of such a program makes it nearly unfeasible, unless you assumed a ridiculously low rate of return (&lt;1% return).  As it is, they're assuming a 4.5% rate of return, which is about 2% above inflation, a very very conservative forecast.    Plus, not every pension plan could immunize their plans.  All that does is shift interest rate risk (btw, not the only type of risk that exists, there's credit risk as well.  To get rid of both, you'd be getting marginally above 0% return, not something you can run a pension plan on).  So, you'd have to have someone or some set of people that have a very large and very unnatural interest rate risk.  If you had a large move in rates, it would demolish those people, which would completely invalidate those hedges.  It's much better for the economy on whole that pension plans are able to take credit and interest rate risk."}
{"_id": "264530", "title": "", "text": "There are a lot of great suggestions here on how to get and keep your finances in shape. But I have to say, I disagree with some on the starting point. The first step to living frugal is to convince yourself that it is worth it. That it is the way to go and the way you want to manage your finances. As @DrFredEdison and @fennec stated, the reason we frugal people don't spend wildly is because of what we believe. So I would suggest buying a book or video/audio series from someone like Dave Ramsey who will encourage and motivate you to spend wisely and show you practical ways to get started. With that said I do agree with a lot of the practical suggestions that have been given here."}
{"_id": "264532", "title": "", "text": "What's with the price confusion in BB store and website.  Bought an $80 heart rate monitor and at checkout went on BB website.  It was $40.  Tell cashier and they change an $80 item to $40.  Told another person I saw in that area to check online.  They saved also. The next visit was to look at a turntable around $400.  They push so hard and bring this sales pitchy vibe to a $2000 turntable.  I've had numerous negative experiences.  Wish them well since competition is good but stop with the games."}
{"_id": "264535", "title": "", "text": "Keep in mind collectors are trying to get you to react emotionally, which is having some effect as you are considering bankruptcy.   ...threatening me with judgments... Did they threaten to take away your first born son too?  Many of their threats are empty.  Even if you do have a judgement, you may be able to negotiate with the lawyer that is handling the judgement.  Once you don't pay them anything for a few years, they are more likely to negotiate. It is good that you recognize that it was your dumb decisions that got you into this mess.  Once on the other side of all this cleaning up that you have to do what will you change so this does not happen again?  What raises a red flag for me is that you are worried about your credit score.  Trying to have a good credit score is what got you into this mess in the first place. Stop borrowing."}
{"_id": "264549", "title": "", "text": "And the world keeps turning and turning and turning Trump is more out of his depth on Tuesday than on Monday Now there is no one left to disarm but the American people After all, what do sheeple need weapons for?  Perhaps American exceptionalism is a synonym for American psychosis as our sanity takes its final blind step over the edge and we must turn inwards as the ability to externalize our threats has been lost  Tuesday comes . . .  Whats the worst that could happen?"}
{"_id": "264554", "title": "", "text": "\"I pay taxes on revenue.  You do have the ability to deduct expenses, though it's not as comprehensive as what companies can do: These figures apply to everybody, so those that earn more get taxed more on thee additional income in each bracket (meaning the first $100,000 of taxable income is taxed the same for everybody at one rate, the next $100,000 at a different rate, etc.) So you do get to deduct personal expenses and get taxed on \"\"profit\"\" - but since the vast majority of people don't keep detailed records of what they spend, it's much simpler just to use blanket deduction amounts for everyone. Companies have much more detailed systems in place to track and categorize expenses, so it's easier to just tax on net profit. Plus, the corporate tax rate is much higher than the average individual tax rate - would you trade more deductions for a higher tax rate?\""}
{"_id": "264565", "title": "", "text": "\"The terms debit and credit come from double-entry book-keeping. In this system, every transaction is applied against two accounts: it debits one and credits the other by equal amounts. (Or more technically, it affects two or more accounts, and the total of the credits equals the total of the debits.) Whether a debit or a credit adds or subtracts from the balance depends on the type of account. The types of accounts were defined so that it is always possible to have these matching debits and credits. Assets, like cash or property that you own, are \"\"debit accounts\"\", that is, a debit is an increase in the balance of the account. Liabilities, like money you owe, are \"\"credit accounts\"\", that is, a credit is an increase. To get into all the details would require giving a tutorial on double-entry book-keeping, which I think is beyond the scope of a forum post. By a quick Bing search I find this one: http://simplestudies.com/double-entry-accounting-system.html. I haven't gone through it so I can't say if it's a particularly good tutorial. There are plenty of others on the Web and in bookstores. Note that the terminology can be backwards when someone you're doing business with is describing the account, because their viewpoint may be the opposite of yours. For example, to me, my credit card is a liability: I owe the bank money. So when I post a charge, that's a credit, and when I pay it off, that's a debit. But to the bank, my account is an asset: the customer (me) owes them money. So to the bank, a charge is a debit and a payment is a credit.\""}
{"_id": "264575", "title": "", "text": "\"Y'know, I see these articles from \"\"experts\"\", day after day, month after month, year after year... Hell, we're going on 8 years since the introduction of Bitcoin...  And despite **every** expert being wildly negative about cryptocurrencies (despite some big players - as in, BoA and JP Morgan, among others - desperately trying to convince investors to use their own version of it)... Cryptocurrencies keep growing *hundreds* of times faster than the US market as a whole.  So I've become somewhat jaded by the skeptics.  I'm not going to sink my retirement into Bitcoin, but... C'mon guys, give it a rest.  There's a demand for this *because* it makes your traditional financial institutions useless, and we *hate* those traditional financial institutions *sooo* much.  Adapt or expire.  Preferably the latter.\""}
{"_id": "264579", "title": "", "text": "\"My local post office is known for not delivering packages. Not just known by people in general, but known by the USPS; I called customer service about a package, told them what was going on and they said \"\"oh that post office? yeah they have a lot of problems for some reason\"\". They also don't pick up the phone or respond to redelivery requests. They also don't always leave delivery slips, or sometimes they back-date them. I could go on, but I don't think I know a single person who has any love for the USPS, it's incredibly mismanaged.\""}
{"_id": "264586", "title": "", "text": "\"I guess I don't understand how you figure that taking out a car loan for $20k will result in adding $20k in equity.  A car loan is a liability, not an asset like your $100k in cash.  Besides, you don't get a dollar-for-dollar consideration when figuring a car's value against the loan it is encumbered by.  In other words, the car is only worth what someone's willing to pay for it, not what your loan amount on it is. Remember that taking on a loan will increase your debt-to-income ratio, which is always a factor when trying to obtain a mortgage.  At the same time, taking on new debt just prior to shopping for a mortgage could make it more difficult to find a lender.  Every time a credit report (hard inquiry) is run on you, it temporarily impacts your credit score.  The only exception to this rule is when it comes to mortgages.  In the U.S., the way it works is that once you start shopping for a mortgage with lenders, for the next 30 days, additional inquiries into your credit report for purposes of mortgage funding do not count against your credit score, so it's a \"\"freebie\"\" in a way.  You can't use this to shop for any other kind of credit, but the purpose is to allow you a chance to shop for the best mortgage rate you can get without adversely impacting your credit. In the end, my advice is to stop looking at how much house you can buy, and instead focus on a house with payments you can live with and afford.  Trying to buy the most house based on what someone's willing to lend you leaves no room in the near-term for being able to borrow if the property has some repair needs, you want to furnish/upgrade it, or for any other unanticipated need which may arise that requires credit.  Don't paint yourself into a corner.  Just because you can borrow big doesn't mean you should borrow big. I hope this helps. Good luck!\""}
{"_id": "264597", "title": "", "text": "&gt;David Knopf, 29, will assume the role Oct. 1, the company said today (Sept. 8), making him the youngest CFO to lead one of the US\u2019s largest companies. (The next youngest, at 27, is Andrew Power of Digital Realty, according to research from Crist Kolder, an executive search firm.)  this article is shit"}
{"_id": "264603", "title": "", "text": "I've seen a lot of long and complicated answers here so here is my simple and short answer: Let's say the economy consists of: 10 apples and 10$. Then an apple costs 1$. If you print 10$ more you have: 10 apples and 20$. Then an apple costs 2$. That is it! It's not what Kenshin said:  Over time, prices go up! However I would like to add something more on the topic: inflation is theft! If I hack the bank and steal 10% from each account it's obvious that it is theft. It's a bit less obvious when the government prints out money and people loose 10% of the value in their bank accounts but the end result is the same. Final note: some may disagree but I do not consider inflation when 5 of the apples rot and you have: 5 apples and 10$ and an apple now costs 2$. This is a drop in supply and if the demand stays the same prices will rise."}
{"_id": "264616", "title": "", "text": "Crony capitalism isn't capitalism.  It is basically a case where the government turns a blind eye to wealthy individuals breaking the law, or is even complicit in giving away taxpayer money in the form of no-bid contracts.  This is much more prevalent in China's state-sponsored capitalism.  Their system is textbook crony capitalism.  We still have it but to a lesser degree.  Don't blame capitalism for the government's failure.  Crony capitalism absolutely requires a complicit strong central government in order to flourish.    And there is a difference between the  suburbs around Las Vegas and Chinese ghost cities.  The Las Vegas suburbs were at least built with buyers in mind, even though this turned out to be a mistake.  It was a mistake on the part of a few individuals.  Absolutely a mis-allocation of capital, and I didn't mean to imply that capitalism is perfectly efficient in allocating capital.  But the Chinese ghost cities are a centrally planned project made for the intention of moving rural Chinese people into them in future 5-year plans.  Whether that turns out to be a good investment has yet to be seen, but it seems like it will involve moving lots of people against their will.  But does it not make more sense to gradually build up a city according to what is currently needed, as capitalism tries to do, rather than spend lots of money building an entire city, much of which may never be needed?  There are so many imbalances brewing under the surface in China, it seems like only a matter of time before they all come to a head."}
{"_id": "264630", "title": "", "text": "When the wire is cancelled, your bank would pull cash out of your account. If you wired it elsewhere, your bank would cancel that wire and pull the cash from its destination. They only way to keep the money is to physically withdraw it from your account, at which point you're really fighting with your bank, not the scammer. Your bank will close the account and attempt to collect. If you used fake info to open the account they will do what they can to pursue you for fraud. In the end you are just as guilty as the scammer of breaking laws. The only way to scam a scammer is to lead them on and waste their time so they can't spend that time scamming others. This assumes you don't value your own time and you can keep them from being productive."}
{"_id": "264631", "title": "", "text": "\"Transferring the balance of a credit card is what they call moving your debt from one credit card to another credit card or loan.  A debit card, however, is not debt. It is a card that is tied to a checking account with money in it. You can't transfer debt to your checking account. If you have enough money in your checking account to cover the balance of your credit card, you can pay it off.  That is a really good thing to do, because the balance on your credit card is costing you a lot in interest charges each month.  Were you perhaps thinking of \"\"transferring a balance\"\" from your debit card's checking account to a new credit card, where you would then have a new debt on the credit card, and extra cash in your debit card's checking account? This is possible with most credit cards, and is usually called a cash advance. However, just to caution you, cash advances typically have high interest rates. Often you will see promotions where they will offer low (or no) interest rate for a short time, but this is just a trick to entice you to borrow extra, knowing that if you need the money now, you'll most likely still need it in 6 months when the promotion expires. I don't recommend it.\""}
{"_id": "264638", "title": "", "text": "Yeah I know, that's how it was for the first two weeks, then after a couple of launches with the guys and few playful jokes at their expense, they kinda accepted me and instead of them giving me work, I tried to make the impression of me practically begging for something to do at the office."}
{"_id": "264659", "title": "", "text": "It will come down the percentage of time you use a specific area in your home.  For each business you will be asked to first designate a percentage of your home you use for that business, then the percentage of time you use it.  The space for both businesses might be the same, but the percentage of use would not.  You could not claim 100% for both businesses.  The combined petcentage of use could not exceed 100%."}
{"_id": "264669", "title": "", "text": "It appears that usury has always been a bit of a sticking point for the Catholic church. Ever since the First Council of Nicea it was officially the position of the church that charging usury was a sin. It wasn't until the rise of Napoleon and his implementation of the Napoleonic Code that moved usury into wider acceptance. Pope Pius VIII essentially said that usury was now in the realm of the state and not a concern of the church. However, the church itself was unable to invest in interest bearing securities until the Code of Canon Law was updated in 1917 to allow the church to engage in interest bearing investments. However, there seems to be a renewed push within the Holy See (essentially the governing body for Catholics) to push back against some tenets of capitalism. So, it's not so much that the church has ever condoned the use usury but just let it kind of slide into a grey area. Some religions like Islam still forbid the use usury which leads to a special type of banking called Islamic Banking.  Source: https://en.wikipedia.org/wiki/Vix_pervenit"}
{"_id": "264671", "title": "", "text": "I just switched careers from IT to investing and my first step was to sign up for the CFA and started studying to learn the field.  When I talked about it during my interview, I could tell they were impressed I was doing it on my own and fully believe it helped me get the job.  The position is entry level but still.  Also, I got a scholarship through the local CFA society and borrowed Schweser books from a friend.  So yes its tough and expensive but if you can do it now, definately do it."}
{"_id": "264684", "title": "", "text": "\"Author seems bitter.  A person who frequently talks in cliches while never or rarely offering any substantive is a problem; a person who knows his/her stuff and uses cliches as an efficient way to get their point across is not.    Purposely trying to avoid common vernacular will do more to make a person sound like they're trying to compensate for a lack of understanding.  The only way this article makes sense is if it's just the author venting, otherwise it serves to get supposed halfwits who talk in cliches to find a new way to \"\"fake it until they make it\"\".\""}
{"_id": "264688", "title": "", "text": "Please provide specifics how and when all of these things will help the economy. I just showed you that they're not going to help the economy. You proved to me that that idiot Trump supports them. Says nothing about whether they're going to make a difference (spoiler alert: they won't, at least not a positive one).   Go ahead, reply with more vague bologna that proves nothing. It's totally fooling me."}
{"_id": "264701", "title": "", "text": "Dont just complain about it on the internet. Write and call your reps to demand federal protections at the credit information level rather than the derivative personal credit card level that doesnt even cover small business which employs most Americans.  It doesnt even require increased compliance due to AML/KYC requirements and many of the interrelated systems for banks being designated core infrastructure for the financial system.  Besides the fact that even banks should want this because who is going to foot the bill on a bunch of bad loans that arent even to the bank itself when the taxpayer likely cant even handle a [$10 incidental?](http://www.businessinsider.com/emergency-expenses-work-survey-2017-5)"}
{"_id": "264713", "title": "", "text": "Operation twist is just an asset swap. The balance sheet isn't being expanded, money isn't being printed to buy treasuries. The fed is just selling short term assets and buying longer term assets. If more longer term treasuries are bought this brings the yield down (for bonds the more you buy them, the lower the yield goes). Lower long term interest rates means people can borrow at low rates and this is supposed help the economy.   No printing of money means that gold doesn't get more precious.   I do think gold will do well though, if the ECB wants to save the EU they're going to have to print, and print a lot. The Bank of England is doing some QE too. Lots of countries will be/ are easing."}
{"_id": "264726", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009; Section 4. [**Legal affairs**](https://en.wikipedia.org/wiki/Donald_Trump#Legal_affairs) of article  [**Donald Trump**](https://en.wikipedia.org/wiki/Donald%20Trump): [](#sfw)   ---  &gt;In March 1990, Trump threatened to sue [Janney Montgomery Scott](https://en.wikipedia.org/wiki/Janney_Montgomery_Scott), a [stock brokerage firm](https://en.wikipedia.org/wiki/Brokerage_firm), whose [analyst](https://en.wikipedia.org/wiki/Stock_analyst) had made negative comments on the financial prospects of Taj Mahal. The analyst refused to retract the statements, and was fired by his firm.  Taj Mahal declared bankruptcy for the first time in November 1990.  A [defamation](https://en.wikipedia.org/wiki/Defamation) lawsuit by the analyst against Trump for $2\u00a0million was settled out of court.  On November 2, 1992, the [Trump Plaza Hotel](https://en.wikipedia.org/wiki/Trump_Plaza_Hotel_and_Casino) filed a prepackaged [Chapter 11](https://en.wikipedia.org/wiki/Chapter_11_bankruptcy) protection plan. Under the plan, Trump agreed to give up a 49\u00a0percent stake in the luxury hotel to [Citibank](https://en.wikipedia.org/wiki/Citibank) and five other lenders. In return Trump would receive more favorable terms on the remaining $550+ million owed to the lenders, and retain his position as chief executive, though he would not be paid and would not have a role in day-to-day operations.   &gt;  ---  ^Interesting: [^Donald ^Trump ^\\(song)](https://en.wikipedia.org/wiki/Donald_Trump_\\(song\\)) ^| [^Donald ^Trump, ^Jr.](https://en.wikipedia.org/wiki/Donald_Trump,_Jr.) ^| [^Donald ^J. ^Trump ^State ^Park](https://en.wikipedia.org/wiki/Donald_J._Trump_State_Park)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjj6nl9) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjj6nl9)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "264733", "title": "", "text": "My original point, which was challenged by a republican hater (and I hate them as well) was that the USA has not found a magical formula for EVERYONE to experience prosperity and happiness. Well neither has any country in the world. All I was saying is that the ones the previous person claimed did that and your democracy index for that matter are incredibly not diverse countries and your response is china and Russia as examples of also being not diverse. Well china and Russia are extremely powerful so I am not sure I see the point."}
{"_id": "264740", "title": "", "text": "There is the iShares Jantzi Social Index Fund."}
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{"_id": "264800", "title": "", "text": "I phoned Tangerine; they enlightened me. It generally takes 2 hours for the email to arrive. Next, the recipient must open the email, click the link, and enter their bank account number. They'll generally receive the money 2-3 business days after that. This forum post suggests that the delays are due to systemic risk management, tendering, and clearing."}
{"_id": "264809", "title": "", "text": "It depends on the business. Some ask for ID and check against the signature (rare); some ask for ID but barely glance at it; some check just that it's signed (also rare); some ask for me to input my ZIP code on the card reader (KMart); and some don't do anything (most common). What they do doesn't seem connected to whether I put the card in the reader myself, or hand it to the cashier for them to scan. It does seem silly to check IDs, etc., as there are places such as gas stations where I never even see an employee, and can spend just as much there as at WalMart, KMart, or the grocery store, all places that tend to do more checking."}
{"_id": "264812", "title": "", "text": "\"I never said a word against going into business for yourself.  The article is about the lies perpetuated by people who stand to gain from you taking \"\"the long shot\"\" instead of bootstrapping something in your spare time. You know, the stuff the VCs call \"\"little dipshit companies.\"\"\""}
{"_id": "264820", "title": "", "text": "\"An investment is sold when you sell that particular stock or fund. It doesn't wait until you withdraw cash from the brokerage account. Whether an investment is subject to long term or short term taxes depends on how long you held that particular stock. Sorry, you can't get around the higher short term tax by leaving the money in a brokerage account or re-investing in something else. If you are invested in a mutual fund, whether it's long or short term depends on when you buy and sell the fund. The fact that the fund managers are buying and selling behind your back doesn't affect this. (I don't know what taxes they have to pay, maybe you really are paying for it in the form of management fees or lower returns, but you don't explicitly pay the tax on these \"\"inner\"\" transactions.) Your broker should send you a tax statement every year giving the numbers that you need to fill in to the various boxes of your income tax form. You don't have to figure it out. Of course it helps to know the rules. If you've held a stock for 11 1/2 months and are planning to sell, you might want to consider waiting a couple of weeks so it becomes a long term capital gain rather than short term and thus subject to lower tax.\""}
{"_id": "264822", "title": "", "text": "Oh my God.  Turn. Back. Now.  This is literally a textbook scam.  I know you want to believe this is true. Its not. Even if it was true it would still be a high, high risk investment that would then be compounded by the fact that you would be doing it with 100% debt."}
{"_id": "264823", "title": "", "text": "Reddit don't hate with any of business but reddit hate if some using reddit as a platform to make advertise &amp; promotion active for own business. Reddit is the platform where people coming to make genuine discussion, don't be prefers to just create backlinks for the website. Accounting to the nature of business select subreddit - /r/business ,  /r/Entrepreneur , /r/investing etc."}
{"_id": "264830", "title": "", "text": "Yep, I'm actually in chicago, own a condo and a single family, both working class.  I personally expect the problem to be high inflation, so long as your assets are productive you should be able to raise rates with inflation"}
{"_id": "264850", "title": "", "text": "The companies which define the major indexes do not derive profit directly from the indexes. They are typically brokerages, which use the indexes as a tool for discussing investment options with their clients and as a publicity tool to remind the public that they are long-standing, respected firms whom we might want to consider working with. Can't mention the Dow without being reminded of Dow Jones, for example. Likewise the Standard & Poor's 500 reminds us that S&P is still going strong. There may also be some slight market manipulation opportunities in choosing which specific stocks are included in each index, but since investors rarely follow an index exactly as originally defined I'm not convinced that's significant. And the mix included in each index changes relatively rarely and has to be justified by what the index claims to be representing."}
{"_id": "264857", "title": "", "text": "\"They're hiding income. The IRS is a likely candidate for who they are hiding it from but not the only option. Another possibility that comes to mind is someone who had a judgment against them--a check made out to \"\"cash\"\" could be handled by someone else and thus not ever appear in their bank accounts.\""}
{"_id": "264898", "title": "", "text": "I think it is because people have realized that the paper gold (and silver) is pretty much worthless, and that gold in hand (physical gold) is where it is at. I do not pretend to be a goldbug speculator. I just know that over selling paper, eventually has to bottom out, once people start to ask for delivery of their assets, and realize they are not going to get anything for their investments."}
{"_id": "264904", "title": "", "text": "For those who haven't followed the whole story from the beginning:  After the success of Atlantic City's more upmarket Borgata Casino, Revel was supposed to take things a step even further, being more luxurious and high-end, attracting an affluent clientele who may not have visited Atlantic City otherwise.  With a $2.2B investment in a massive, gleaming structure almost twice as tall as the next biggest casino tower, plus exclusive restaurants, Revel seemed to have all the ingredients to cater to the high money Vegas crowd.  It never happened. People who wanted a high-end Vegas experience could simply afford to go to Vegas, while at the same time, Revel alienated the lower end customer base by banning smoking and not offering any inexpensive buffet style dining. Later attempts to cater to the typical Atlantic City customer were too little too late, and now it looks like the experiment may be done for good."}
{"_id": "264932", "title": "", "text": "\"I linked my bank account (by making a transfer from bank account to Paypal) without linking a card. This should not give Paypal any rights to do anything with my bank account - transfer that I made to link it was exactly the same as any other outgoing transfer from my bank account. On attempting to pay more that resides in my Paypal balance I get  To pay for this purchase right now, link a debit or credit card to your PayPal account. message. Paypal is not mentioning it but one may also transfer money to Paypal account form bank to solve this problem. Note, that one may give allow Paypal to access bank account - maybe linking a card will allow this? Paypal encourages linking card but without any description of consequences so I never checked this. It is also possible that Paypal gained access to your bank balance in other way - for example in Poland it just asked for logins and passwords to bank accounts (yes, using \"\"Add money instantly using Trustly\"\" in Poland really requires sharing full login credentials to bank account - what among other things breaks typical bank contract) source for \"\"Paypal attempts phishing\"\": https://niebezpiecznik.pl/post/uwaga-uzytkownicy-paypala-nie-korzystajcie-z-najnowszej-funkcji-tego-serwisu/\""}
{"_id": "264934", "title": "", "text": "\"There is no \"\"reason why this cannot be done\"\", but you can tell your friend that these actions are officially shady in the eyes of the US government. Any bank transactions with a value of $10,000 or more are automatically reported to the government as a way to prevent money laundering, tax evasion, and other criminal shenanigans. \"\"Structuring\"\" bank deposits to avoid this monetary limit is a crime in and of itself.  https://en.wikipedia.org/wiki/Currency_transaction_report\""}
{"_id": "264946", "title": "", "text": "its sad that I am getting down voted because people disagree with me. I'd like the people that disagree with this notion first read this:   http://pragcap.com/understand-the-modern-monetary-system/understanding-modern-monetary-system  Most people in this country just have no idea how this economy works and what role the federal reserve plays and what role the government is supposed to play. Please read this and then respond to me yea?"}
{"_id": "264956", "title": "", "text": "Do you think those people at Sears made a decent wage within the last few decades? I certainly don't.  If you want to talk about the changing envionment let's talk about Social security.  The system used to be 30 workers to 1 retiree now its under 3:1 and soon to be under 2:1.    There simply isnt enough production to keep up with growth, profit is shrinking in all but the most alchemical sectors.    Clinging to dead or dying systems is one of the biggest obstacles to our future success and re-emergence as a healthy society.    You say you are older, you have experience and wisdom.  So what is the solution?"}
{"_id": "264959", "title": "", "text": "If you knew more about how the Walmart Marketplace operates with its buggy software sellers use and how it is constantly taking down listings of item for sale, I wonder if that opinion would change. A lot of 3rd party sellers on Walmart.com are having big issues with not being able to list their inventory on the site due to Walmart constantly taking down offers of items that do not compete with Walmart, discouraging sellers from the platform."}
{"_id": "264976", "title": "", "text": "redethmoid, excellent questions and I appreciate that.    The fact is that we do need employees in the workforce in all sectors, blue collar/white collar.  The problem is the shift in the economy and how companies are responding to it.  The corp execs only look at the bottom line especially when they are a public company(they have to impress wall street as their first priority).  So what happens when profits and growth dip?  They immediately start looking for ways to cut the budget and it's usually by firing/lay offs and/or offshore outsourcing.  It's happening daily unfortunately.    If you live in the U.S., there's no reason to be living in poverty. People are dying to get in this country because of the freedom and opportunities we have.  It's all about mindset and how you view the world.    Here's my advice. I don't know you or your background but I can feel the frustration and where your mindset is.  First, remove the negative self talk from your language.  Saying that you're broke and have no money will force the universe to leave you in that state.  Start reading books on how to improve yourself first.  Change starts with us, not outside forces.  This is real shit my friend, not just some hype talk.    Next, if you need a rat race job to make ends meet, then do it even if you have a college degree.  Drop the ego and do what you gotta do.    Find something that inspires you and you love to do and figure out how to make cash doing it.  There are so many options out there, you just have to be willing to find them and open up your mind.    I'll leave you with that for now. If you'd like to connect on social media and learn more about this topic, let me know and I'll give you my details.    Have an awesome day!  William"}
{"_id": "264983", "title": "", "text": "The post office has already been replaced with private options. Thats why it is failing and loosing billions a month. You have taken my money and have been trying to justify it this whole thread. Taxes are theft you just don't want to admit it. Taking less is still taking."}
{"_id": "264986", "title": "", "text": "I would call and ask your insurance company.   You never know what notes or policies your insurance company might have in place.  Possibly some time ago, you took a discount for not allowing other drivers.    Safest way to know is to call and ask whose insurance would be used if a friend wrecks your car."}
{"_id": "264994", "title": "", "text": "The best one I've found is TimeSnapper, I have the worst memory but this basically allows me to visually play back the day. It has a bunch of reporting functionality too."}
{"_id": "264996", "title": "", "text": "Housing, eh? Housing costs are driven by salaries and land availability. Over in the Bay Area, $1500/mo for a nice 1-bedroom apartment is a good deal... but a decent software engineer with ~4 years' experience can get $120k, easily. The standard benchmark of affordability of housing is spending a third of your income on it a year: that guy can afford about $3,333/mo on housing. (If you don't fritter away the money and can keep your cost of living down and save money, you can really clean up, especially if you move elsewhere later.) So, to stop thinking about it in terms of dollar value, first try to think of it in terms of time: 33% of someone's salary or a third of their time at work going for housing is pretty nominal. Beyond that, think about it in terms of opportunity cost: If you saved that extra $20, what exactly would you use it for, and how much of that goal does it represent?"}
{"_id": "265013", "title": "", "text": "\"On top of the given answers, the type of referral will also factor in. When you're up for renewal and go to a comparison site (in the UK: CompareTheMarket, MoneySupermarket, Confused, GoCompare, ... ) and struggle accurately through all their lists of questions, you see that some of the data differs (e.g., not all the same jobs can be entered; if you have had an accident, not all ask whose fault it was and/or don't leave the option \"\"not yet resolved\"\" --possibly forcing you to guess which way it will be adjudicated,-- and/or what the total repair cost was).  So as these referrers feed slightly different data to roughly the same set of insurance providers, you will get slightly different quotes on the same providers. And expect your own provider to offer a slightly better quote than you'll get in reality for renewing: The referrer's (one-time) cut has to be still taken off, but they count it as a new client so somebody gets a bonus for that --- you they disregard as a captive client and give what boils down to a loyalty penalty. [Case in point: I had an unresolved car accident, resolved months later in my favour. With all honest data including unresolved claim and its cost and putting my 'accident-free years' factor at 0 instead of 7, my old provider quoted about 8% more than the previous year on comparison sites; but my renewal papers quoted me 290% more, upon telephone enquiry the promised to refund the difference if court found in my favour though they refused to give this in writing. So: No thanks!] Then the other set of referrals they get is from you directly going to their website asking for a quote. They know what type of link you've followed (banner, or google result, etc), they may know some info from your browser's cookies (time spent where) or other tracking service, and from your data they may guess how tech-savvy and shop-wise you are, and scale your offer accordingly. [Comparison-site shoppers are lumped together at a relatively high savvy-level, of course!]. Companies breaking down your data and their own in a particular way can find advantages and hence offer you better terms, as said in the main answer (this is like Arbitration in stock exchanges, ensuring a certain amount of sanity: if there's something to exploit, somebody will, and everybody will follow). It may be that they find a certain group of people maybe more accident-prone but cheaper to deal with (more flexible in repair-times, or easy to bully in accepting shared-fault when they weren't at fault), or they want a certain client (for women, for civil servants, for sporty drivers, for homeowners --- often for cross-selling other insurance services). Or they claim to want pensioners because the company can offer them 'a familiar voice' (same account manager always contacting them) while they're easier to bamboozle and less likely to shop around when offered a rubbish deal. Also, 100% straight comparison of competing offers isn't possible as the fine details of the T&Cs (terms & conditions) would differ, as well as various little pinpricks in the claims handling process.  And depreciation of a car, and various ways of dealing with it: You insure it for the buying prices, but two years later it's worth about 40% less on paper --- so in case of total loss, replacing like-for-like will cost you still at least 80% of the value for which you've been insuring it while they'll probably offer you the 100-40= 60%. Mostly because instead of your trusted car you have something unknown that may have hidden defects, or been mistreated and about to die. [Case in point: My 3-y-old dealer-bought car's gearbox died just outside the 6month warranty period, notwithstanding its \"\"150-item inspection you can rely on\"\". In the end the national brand agreed to refund the parts (15% of what I paid for the car) but not the labour (a few hours).] And any car model's value differs (in descending order) from its \"\"forecourt price\"\", \"\"private selling price\"\", \"\"part exchange price\"\", and \"\"auction price\"\". Depending on your ompanies may happily insure you for forecourt price (=what you paid to dealer) but then point out that the value of that car is the theoretical P/X value, i.e., the car without anybody's profit, far less than you've been paying for. [Conversely, if you crash it after insuring below market value, they can pay you your stupidly low figure.]\""}
{"_id": "265032", "title": "", "text": "Starting a group home can have many benefits. The best thing about group home is that anyone can start it with the right credentials. Some surveys say that there is an urgent need for various group homes across U.S to help people in need and make the world a better place."}
{"_id": "265033", "title": "", "text": "&gt;If, however, they create their own service and everyone just likes it more then there's not much the US Government can do.   Unless they get to big in any of their industries and then there definitely is something the govt can do."}
{"_id": "265043", "title": "", "text": "With regards to California, most of the fruits and vegetables found at the grocery store are actually imported from out of state and/or out of country sources.   In fact the vast majority of food grown in the state is for out of state sale and consumption and to be more exact it is for primarily for the consumption by consumers in economically growing and very hungry nations like China."}
{"_id": "265086", "title": "", "text": "&gt; Only one path exists by which the citizens of the low-wage country can enter the affluent one, and that path is fraught with obstacles.  Not totally true. You can get into the technology field without an education. You still need to be something of a genius, but you don't necessarily need to go to college. There is plenty of freelance programming and web development work available for anyone capable of doing the work. And when you are dealing with clients over the Internet, there is virtually no requirement other than getting the job done.   &gt; The effects of technological change and globalization could be altered by political actions  I doubt it. Artificial intelligence is coming whether you like it or not. Also, smartphones have altered people's behavior and nothing can be done about it. The cops don't like to be filmed but they are powerless to stop it when everyone carries a smartphone with a built-in camera. The social rewards for filming anything that is going down ensures that all incidents will be recorded."}
{"_id": "265090", "title": "", "text": "If one is looking at this from the perspective of a store where debits could be how money comes into the store's account and credit is what has to be paid out to customers, then the employee salaries would also be something going out of the account for the store."}
{"_id": "265098", "title": "", "text": "A market crash won't affect your cash held with your broker - however if the broker defaults (goes bankrupt), you may lose some or all of that cash. If you read the customer agreement that you signed when opening the account, it's very likely that there's a clause that stipulates that under certain circumstances, the broker has the right to use your cash and/or your positions without notice. If the broker default you may not be able to recover the assets they've been using. As an example, look at clause 14 of the Interactive Brokers US customer agreement. This is a fairly standard clause. Depending on your jurisdiction, you may have a partial or full legal protection against such an event (e.g. the SIPC protection for US-based brokers which would apply to you if your broker is IB LLC, even if you are not a US resident/citizen)."}
{"_id": "265099", "title": "", "text": "Tax-advantaged accounts mean you pay less tax. You fundamentally pay less tax on IRAs and 401ks than other accounts. That's their benefit. You keep more money at the expense of the government. It makes sense for the government to limit it. If you don't understand why you pay less tax, you must consider the time value of money -- the principal now is the same value of money as the principal + earnings later. With IRAs and 401ks, you only pay income tax once: with Roth IRAs and 401ks, you pay tax on the entire amount of money once when you earn it; with pre-tax Traditional IRAs and 401ks, you pay tax on the entire amount of money once when withdraw it. However, with outside accounts, you have to pay tax more than once: you pay once when you earn it, and pay tax again on the earnings later, earnings that grew from money that was already taxed (which, when considering time value, means that the earnings have already been taxed), but is taxed again. For things like savings in a bank, it's even worse: interest (which grew from money already taxed) is taxed every year, which means some money you pay tax on n times, if you have it in there n years. If you don't understand the above, you can see with an example. We start with $1000 pre-tax wages and for simplicity will assume a flat 25% income tax rate, and a growth rate of 10% per year, and get the cash (assume it's a qualified withdrawal) in 10 years."}
{"_id": "265103", "title": "", "text": "\"Who sets the prices? Effectively the market does, like basically all openly traded things. The Greek government could well have said \"\"5% is as high as we will go\"\".  As a result, investors may not have chosen to buy the securities.  The global bond market is highly liquid, and investors who have a choice could well then choose to go elsewhere. The reasons could well be varied, but primary among them would be that investors view Greek investments as more than 5% risky.  If I can get 5% from a country that I deem less risky than from Greece, my choice is clear.  Therefore to be compensated for loaning them my money, I am expecting a return of 7% because there is the possibility that they will default. As for not selling them at all, if they could avoid issuing bonds, most governments would.  They may not have had much of a choice.  If they just print more money, that does other potentially bad things to the economy.  The government needs funds to operate, if they are not collecting enough in taxes, for example, and do not want to print money as I mentioned, then bonds are one other common way to raise cash. Notwithstanding that in your example you are referring to the interest rate, not the price, the principal is the same.\""}
{"_id": "265108", "title": "", "text": "edited you's to they's and I's =)  Further, I'm not ballsy enough to go all out on this. I actually am slightly in debt buying silver. But in a hyper-inflation event credit is cheap to pay off. If one was confident enough they could hypothetically go into silver on large margin and pay it off quite easily after the hyperinflation occured. Much like what the government is doing with it's debt. At that point you are betting the government will continue doing what it is for a long while though. Just a thought."}
{"_id": "265109", "title": "", "text": "i think keensian is right.  krudeman is wrong.   why was it anybody could get a loan from a bank to buy a house then during the bubble boom?  u telling me there were that much savings and reserve in the system?  m2 credit lead m1.  banks can create money out of nothing by writing loans."}
{"_id": "265111", "title": "", "text": "This happened to me recently.  What became the final offer was a cash buy-out of all of our shares rather than a conversion.  The cash buy-out was higher than the company's original asking price and than the stock ever went on the market before hand.  I was extremely pleased to have held on to the stock until the end. That said, it sounds like your situation is different.  You can't necessarily time this sort of thing.  You can just make your best decision and determine to be happy with the way it all plays out."}
{"_id": "265123", "title": "", "text": "Junk mail and direct marketing are all the PO has left. If the markets didn't think that crap worked they'd quit sending the stuff. But it does work enough to make it work the effort. It's not enough to fund the PO expenses but if the PO raises prices on their last golden calf well then maybe it won't really be worth the effort anymore. Just think of al the people who will be out of work once your policies are enacted.  Yes, junk mail means lots of discarded paper products but it also means UNION jobs. We need useless stuff to keep those people employed."}
{"_id": "265142", "title": "", "text": "I like how companies' solution is basically to just have us work the damn register ourselves for free. Gas stations used to have people come out and pump your gas. Now that would just seem creepy and unnecessary. In 20 years, kids will think the same thing of cashiers."}
{"_id": "265159", "title": "", "text": "The HMRC website says: Stock dividends are treated as income by virtue of CTA10/S1049, and taxable as savings income under Chapter 5 of Part 4 of ITTOIA05 (sections 409 to 414). ITTOIA05 is the Income Tax (Trading and Other Income) Act 2005, and says: 409 Charge to tax on stock dividend income (1) Income tax is charged on stock dividend income. (2) In this Chapter \u201cstock dividend income\u201d means the income that is treated as arising under section 410. 411 Income charged (1) Tax is charged under this Chapter on the amount of stock dividend income treated for income tax purposes as arising in the tax year. (2) That amount is the cash equivalent of the share capital on the issue of which the stock dividend income arises (see section 412), grossed up by reference to the dividend ordinary rate for the tax year."}
{"_id": "265160", "title": "", "text": "\"Whatever you did to \"\"set up my Bank of America account to use my mobile phone number to receive payments\"\", most likely registered your phone number in whatever network does the transfers, which both banks are probably a part of.\""}
{"_id": "265167", "title": "", "text": "I don't believe you can do that. From the IRS: Finally, certain types of property are specifically excluded from Section 1031 treatment. Section 1031 does not apply to exchanges of: I highlighted the relevant items for emphasis."}
{"_id": "265177", "title": "", "text": "\"In regards to purchasing full coverage on your car even if you can afford to replace it, consider the hassle you have to deal with an accident that is not just the cost.  As an example, my sister's car was stolen and wrecked.  It was her problem to go recover the car on the other side of the state such that she would not be paying the storage \"\"fees\"\" imposed by the sheriff of the other county.  Had she had insurance they would have taken care of it call. Another story is that I rented a car and side swiped in the parking lot by a hit and run.  I was responsible for the minor damage.  I started down the path of paying out of pocket because it was small enough that I did not want to submit a claim.  The rental car agency started to pile on extra fees such that it was worth it to turn in a claim.  My insurance company was savvy enough to be able to dispute the extra charges.  After I submitted it to the insurance company I basically did nothing.  They took care of everything. So, in summary, when you buy full coverage on your car, it is not just a financial decision.  It is also about not having to deal with a hassle.\""}
{"_id": "265178", "title": "", "text": "Might as well get your masters in bull shit.. Seriously though, if you're going to spend that long in school, might as well learn something useful.. Dedicated and motivated.. Sure, meaning you would do anything to make as much money as possible for doing as little as possible."}
{"_id": "265205", "title": "", "text": "I live in NYC, and I think people really don't understand how expensive this area is (and how high salaries are here) compared to the rest of the country.  I think the salary projections you see online for NYC might underestimate it as well."}
{"_id": "265212", "title": "", "text": "They key here is that Netflix isn't selling it but rather doing a promotion with the packaging. I assure you they won't be taking any money from the sale of cannabis since it's federally illegal and Netflix has very good lawyers"}
{"_id": "265213", "title": "", "text": "&gt; Health insurers are abandoning the exchanges in droves and making huge hikes to premiums.  One of the big reasons is that [Trump has made it clear the mandate will not be enforced](https://www.washingtonpost.com/politics/trump-signs-executive-order-that-could-lift-affordable-care-acts-individual-mandate/2017/01/20/8c99e35e-df70-11e6-b2cf-b67fe3285cbc_story.html?utm_term=.11771cb5ed77).  [With no mandate, healthy people drop from the program and premiums increase](https://www.bloomberg.com/news/articles/2017-05-09/obamacare-premiums-rise-as-insurers-fret-over-law-s-shaky-future).  &gt; It's a death spiral.  That's Republicans for you.  They obstruct and sabotage the system and then blame everyone else when the system doesn't work."}
{"_id": "265216", "title": "", "text": "The article mentions it briefly, but this is likely a defensive patent. So much of Amazon's business comes from cross-checking or reading reviews in retail stores. I bet they just want to make sure people can still do that."}
{"_id": "265218", "title": "", "text": "Since 1971, mortgage interest rates have never been more than .25% below current rates (3.6%).  Even restricting just to the last four years, rates have been as much as .89% higher.  Overall, we're much closer to the record low interest rate than any type of high.  We're currently at a three-year low.   Yes, we should expect interest rates to go up.  Eventually.  Maybe when that happens, bonds will fall.  It hasn't happened yet though.  In fact, there remain significant worries that the Fed has been overly aggressive in raising rates (as it was around 2008).  The Brexit side effects seem to be leaning towards an easing in monetary policy rather than a tightening."}
{"_id": "265228", "title": "", "text": "\"Discussed? The article is an amateur-ish \"\"discussion\"\" littered with swears, rampant bolding and Godwin law-esque Iran comparisons. What is his counter-proposal? What is the specific language that he takes issue with? I just read a thousand words of \"\"this is total bullshit and I'm so emotional right now.\"\"  Does he realize that these proposals always start from a strong regulatory stance and drift towards the more reasonable after calling for comments and iterating?  It doesn't seem like it.\""}
{"_id": "265231", "title": "", "text": "Yes, it's possible to withdraw money without penalty but you have to do it in a special way. For example you have to withdraw the same amount every year until you retire: Tapping Your IRA Penalty-Free  as for unstable economy - you can trade many instruments in your IRA. you can do bonds, mutual funds, stocks, ETFs or just keep it in cash. Some do well in bad economy."}
{"_id": "265232", "title": "", "text": "\"Fake News  there is no deficit, there is just a magnificent, beautiful, great gap between what the government earns and what it spends and by cutting taxes on the rich and adding a hidden vat we will make the poor cover the gap.  See . .no Gap  . .\"\"Fake News\"\"\""}
{"_id": "265234", "title": "", "text": "When it comes to different types of patches to make your club or organizationuniforms look special try custom embroidered patches. Almost all the patches indicate pride in being a member of that club or group. Near about all the patches serve as a way to identify yourself, who you are. Custom patches are also another means of stating the targets of an organization."}
{"_id": "265239", "title": "", "text": "Presumably this house is a great deal for you for some reason if you are willing to go to great lengths such as these to acquire it. I suggest you have your father purchase the house with cash, then you purchase the house from him. You might want to discuss this with the title company, it's possible that there are some fees that they will waive if you close both sales through them in a short period of time. If the home will appraise for a higher amount than purchase, then you may be able to get a mortgage without a significant down-payment. If not, then you will need to owe your father at least the amount of the down-payment at closing time."}
{"_id": "265253", "title": "", "text": "&gt;The labor theories of value (LTV) are heterodox economic theories of value which argue that the value of a commodity is related to the labor needed to produce or obtain that commodity. (Wikipedia)  Note that it does not say that value is always _directly proportional_ to the labor needed, only that the labor needed is _related_ to the value. Ergo: labor does not _create_ value automatically, but value (when existing) is determined by labor, because someone will demand more for something that takes a lot of effort and/or time to create."}
{"_id": "265254", "title": "", "text": "KB served lends itself to optimization in a bad way (serving content as large as one can get away with).  Personally I think models that work well for monetization without ads are those that start with free content and later donations (e.g. Patreon, reddit gold) or those that start with free content and ask for payment for more similar content later (e.g. first album is free but later albums by the same artist cost money). They keep the supplier honest because people can tell if the content is crap before they pay. Of course those who want to sell crappy content will resist any such model."}
{"_id": "265267", "title": "", "text": "\"Perhaps buying some internationally exchanged stock of China real-estate companies? It's never too late to enter a bubble or profit from a bubble after it bursts. As a native Chinese, my observations suggest that the bubble may exist in a few of the most populated cities of China such as Beijing, Shanghai and Shenzhen, the price doesn't seem to be much higher than expected in cities further within the mainland, such as Xi'an and Chengdu. I myself is living in Xi'an. I did a post about the urban housing cost of Xi'an at the end of last year: http://www.xianhotels.info/urban-housing-cost-of-xian-china~15 It may give you a rough idea of the pricing level. The average of 5,500 CNY per square meter (condo) hasn't fluctuated much since the posting of the entry. But you need to pay about 1,000 to 3,000 higher to get something desirable. For location, just search \"\"Xi'an, China\"\" in Google Maps. =========== I actually have no idea how you, a foreigner can safely and easily profit from this. I'll just share what I know. It's really hard to financially enter China. To prevent oversea speculative funds from freely entering and leaving China, the Admin of Forex (safe.gov.cn) has laid down a range of rigid policies regarding currency exchange. By law, any native individual, such as me, is imposed of a maximum of $50,000 that can be converted from USD to CNY or the other way around per year AND a maximum of $10,000 per day. Larger chunks of exchange must get the written consent of the Admin of Forex or it will simply not be cleared by any of the banks in China, even HSBC that's not owned by China. However, you can circumvent this limit by using the social ID of your immediate relatives when submitting exchange requests. It takes extra time and effort but viable. However, things may change drastically should China be in a forex crisis or simply war. You may not be able to withdraw USD at all from the banks in China, even with a positive balance that's your own money. My whole income stream are USD which is wired monthly from US to Bank of China. I purchased a property in the middle of last year that's worth 275,000 CNY using the funds I exchanged from USD I had earned. It's a 43.7% down payment on a mortgage loan of 20 years: http://www.mlcalc.com/#mortgage-275000-43.7-20-4.284-0-0-0.52-7-2009-year (in CNY, not USD) The current household loan rate is 6.12% across the entire China. However, because this is my first property, it is discounted by 30% to 4.284% to encourage the first house purchase. There will be no more discounts of loan rate for the 2nd property and so forth to discourage speculative stocking that drives the price high. The apartment I bought in July of 2009 can easily be sold at 300,000 now. Some of the earlier buyers have enjoyed much more appreciation than I do. To give you a rough idea, a house bought in 2006 is now evaluated 100% more, one bought in 2008 now 50% more and one bought in the beginning of 2009 now 25% more.\""}
{"_id": "265275", "title": "", "text": "I am going to clone an answer from another question that I wrote ;) and refer you to an article in the Wall Street Journal that I read this morning,  What's at Stake in the Greek Vote, summarizing the likely outcome of the situation if a Euro exit looks likely after the election: ... we will see a full-fledged bank run. Greek banks would collapse ... The market exchange-rate would likely be two or three drachmas to the euro, which would double or triple the Greek price of imported goods within a few days. Prices of assets, including real-estate assets, would crumble. Those who moved their deposits abroad would be able to buy these assets cheaply, leading to a significant, regressive redistribution of Greek wealth. In short, you'd lose about two-thirds of your savings unless you were storing them somewhere safe from the conversion. The article also predicts difficulty importing goods (other nations will demand to be paid in euro, not drachma) leading to disruption of trade and various supply shortages."}
{"_id": "265277", "title": "", "text": "\"In other words, does the market have control over sale numbers or do I? You both do, just like for the bike.  You have control over the price you ask, and the buyer has control over the price they pay.  If the two do not align, no sale takes place. Your question uses the words \"\"sell\"\" and \"\"sale\"\" ambiguously.  You can decide to ask for any price you want.  You cannot actually sell anything until someone agrees to buy what you are offering.\""}
{"_id": "265278", "title": "", "text": "This is dangerous as it is a typical a scam.  Trudy convinces Bob to help her avoid an ATM free or some other pretense.  She writes Bob a check for $100, but is willing to take only $80 to return the favor.  Bob agrees. Bob deposits the check, gives Trudy the $80 and then later finds out the check is bad.   In most cases Bob will not be able to find or contact Trudy.   However, in some rare cases if Trudy feels Bob is very gullible, she will do the same thing again and again as long as Bob allows.  Sometimes the amounts will increase to surprisingly high levels."}
{"_id": "265279", "title": "", "text": "\"&gt; At the same time, you were comparing this program to courses taught by MIT and Harvard and the CFA designation. &gt;   I was pointing out the method of instruction of these programs, not equating this program to them.   Nor was I referencing the full-time, on-campus, \"\"real\"\" master's degrees offered by MIT or Harvard, as you seem to be.  It being called a master's is probably deceptive, I'll agree with you there. It should be called a certificate, perhaps. But the US does not protect academic titles or control who can and who cannot claim to issue a master's degree. Blame that on politics.\""}
{"_id": "265283", "title": "", "text": "I'd agree with you on the fed policy but ucla should definitely have professors making &gt;&gt; $200k.  Professors at those schools tend to be phds with several years experience and several post docs. They're literally worldwide experts there. Some of them should be worth millions to the university."}
{"_id": "265314", "title": "", "text": "It is not so useful because you are applying it to large capital. Think about Theory of Investment Value. It says that you must find undervalued stocks with whatever ratios and metrics. Now think about the reality of a company. For example, if you are waiting KO (The Coca-Cola Company) to be undervalued for buying it, it might be a bad idea because KO is already an international well known company and KO sells its product almost everywhere...so there are not too many opportunities for growth. Even if KO ratios and metrics says it's a good time to buy because it's undervalued, people might not invest on it because KO doesn't have the same potential to grow as 10 years ago. The best chance to grow is demographics. You are better off either buying ETFs monthly for many years (10 minimum) OR find small-cap and mid-cap companies that have the potential to grow plus their ratios indicate they might be undervalued. If you want your investment to work remember this: stock price growth is nothing more than You might ask yourself. What is your investment profile? Agressive? Speculative? Income? Dividends? Capital preservation? If you want something not too risky: ETFs. And not waste too much time. If you want to get more returns, you have to take more risks: find small-cap and mid-companies that are worth. I hope I helped you!"}
{"_id": "265315", "title": "", "text": "Well people are better at understanding what other people want from them than robots are. so you have a process where people, working for people are always going to be moe flexible and better understanding of the goods to be delivered for the money than a robot is.  is similar to how you could propose, lets  replace all workers people with aspergers who have a high iq and lets say we are going to pay them a lot less than to do the same job. These people are not going to take over the job market! Its exactly the same argument as with robots. It doesnt matter how smart and tireless you are, if you have aspergers a normal worker is going to outflex you and be worth their money in a lot of ways that you arent."}
{"_id": "265330", "title": "", "text": "\"One wonders where the author thinks the monies for the generous Boomer pension payouts will come from?  And of course they utterly ignore the fact that things like 401k's and IRA's *require* that a person begin divesting (at a progressive rate) after one hits age 70-1/2.  Yes, post retirement fund sales (minus the taxes on the proceeds of course, which taxes are not to be ignored) these people COULD turn the entire remainder of those monies back around and then re-invest them back into the stock market as (non tax-deferred) retail stock purchasers ... but that is pretty unlikely to happen.  In addition, the Boomers as a generation have become accustomed to a far higher lifestyle (newer cars, larger &amp; fancier homes, more vacations, etc) than the previous generation(s), and so -- just as with many other things where Boomers \"\"broke the mold\"\" -- relying the the data from those generations as an economic model of how much wealth retirees tend to \"\"cash in\"\" and how they spend (versus what they \"\"sit on\"\" and hoard for their heirs) may be rather foolish. (Somewhat akin to building an economic model on 20 years of data that proclaimed \"\"Americans don't default on their mortgages\"\"... yeah that turned out to NOT be very wise.)  And then finally, I wonder if this author really comprehends the meaning of the phrase \"\"at the margin\"\"; after all *everyone* in a neighborhood doesn't have to default on their mortgage to drive house prices down, in fact all it takes is a lack of BUYERS and prices cannot be sustained.  So, the problem with the Boomer \"\"en masse\"\" retirement is not JUST the possibility that they will \"\"all sell everything at the same time\"\"; but rather that the \"\"demographic bulge\"\" will at a certain tipping point, change from buyer-hoarders, to divester-sellers, and that inevitably WILL have a major affect on the float and thus the prices of stocks... and just as inevitably, at some stage of that change, herd behavior (even *panicked* herd behavior) will take over.  It really doesn't take much to drive a stock down... nor even an entire stock market. (If the authors' wisdom were true, would we EVER have had any stock market crashes in the first place?)\""}
{"_id": "265365", "title": "", "text": "There are several reasons it is not recommended to trade stocks pre- or post-market, meaning outside of RTH (regular trading hours). Since your question is not very detailed I have to assume you trade with a time horizon of at least more than a day, meaning you do not trade intra-day. If this is true, all of the above points are a non-issue for you and a different set of points becomes important. As a general rule, using (3) is the safest regardless of what and how you trade because you get price guarantee in trade for execution guarantee. In the case of mid to longer term trading (1 week+) any of those points is viable, depending on how you want to do things, what your style is and what is the most comfortable for you. A few remarks though: (2) are market orders, so if the open is quite the ride and you are in the back of the execution queue, you can get significant slippage. (1) may require (live) data of the post-market session, which is often not easy to come by for the entire US stock universe. Depending on your physical execution method (phone, fax, online), you may lack accurate information of the post-market. If you want to execute orders based on RTH and only want to do that after hours because of personal schedule constraints, this is not really important. Personally I would always recommend (3), independent of the use case because it allows you more control over your orders and their fills. TL;DR: If you are trading long-term it does not really matter. If you go down to the intra-day level of holding time, it becomes relevant."}
{"_id": "265369", "title": "", "text": "In comparing housing to investing in a stock market, the author claims housing is a poor investment because houses depreciate.  He's forgetting about the land component.  The improvement on the land is only a portion of the value, and it's the only part that depreciates.  In markets where the prices have risen significantly the value is largely in the land.   Land has a finite supply, which is even more evident when we are looking at land located where people actually want to live.  While strong banking controls kept Canada from suffering the same crash in the second half of the 2000's; availability of land where people actually want to live is likely responsible for a lot of the divergence between the US and Canada.  Most Canadians live within 100 kilometres of the border between the two countries; as the weather makes living more northern undesirable.  The US has lots of available land in places with a better climate than a lot of Canada.  Sure, there's some highly desirable places to live in the US where prices have skyrocketed; but the scarcity of desirable land affects all of Canada and is not going to go away."}
{"_id": "265377", "title": "", "text": "I'm not surprised in the least bit. That is how they were able to increase revenue. Save money by avoiding the cost related to paying people at least minimum wage. When you go overseas, people are clamoring for the Americanized jobs so much that you can pay them just about anything. Companies would rather save money than reserve those jobs for the American citizens they claim to care about."}
{"_id": "265397", "title": "", "text": "\"Get some professional accounting help. You're going to have to pay for everything out of the fee you charge: taxes, retirement, health care, etc. You'll be required to pay quarterly. I don't think you should base your fee on what \"\"this\"\" company will pay as a full-time employee, but what you can expect in your area. They're saving a lot of money not going through an established employment firm and essentially, making you create your own. There are costs to setting up and maintaining a company. They have less risk hiring you because there are no unemployment consequences for letting you go.  Once you're hired, they'll probably put you on salary, so you can forget about making more money if you work over 40 hrs. IMHO - there have to be better jobs in your area than this one.\""}
{"_id": "265398", "title": "", "text": "\"Assuming you are Non-Resident Indian for tax purposes, this transaction is not taxable. Indian tax law doesn't qualify \"\"gifts\"\" as taxable income.\""}
{"_id": "265403", "title": "", "text": "You can get the number you want pretty easily by plugging some numbers in to a mortgage calculator like this one.   Set the PMI and property tax to 0 and set your term to the duration you need.  Then plug in numbers until your payment amount equals your monthly budget.  Think of yourself as the bank in this process. I started at 1mil over 25 years and that was over my budget so went down to 800k which was under just a bit, and found that you need about 850k based on your numbers."}
{"_id": "265404", "title": "", "text": "What I ended up doing was finding where each ticker of Novo was registered (what exchange), then individually looking up the foreign taxation rules of the containing country.  Luckily, most companies only have a few tickers so this wasn't too hard in the end."}
{"_id": "265416", "title": "", "text": "&gt;if you don\u2019t have a lot of money, the presence of a sizable sum in the house or even in the bank means that you\u2019ll be constantly tempted to dip into it.  The psychology behind statements like this are a source of amusement to me. They seem to presuppose that those who have less money are bad with it, kind of a chicken and egg issue that assumes one over the other.  It makes me think that authors, researchers and opiners have likely never felt the degree of financial insecurity that drives behaviors such as the ones being discussed.  If you don't have a lot of money, the possession of a sizable sum presents other problems, such as issues of needs and purchases that have been put off due to a lack of resources while you prioritized for survival. You put off buying the washing machine because your car needed repairs, how else were you going to be able to get to work? You can limp by using a laundromat or doing laundry at your parents' house. But you likely put off all sorts of other needs as well, and now you have to find the best way to allocate a sizable sum that likely isn't going to be enough to address all of the needs you have put off.  While you're trying to decide how to best allocate this resource, don't forget the talking heads that lecture you on the importance of an emergency fund. Disregard for a moment that when cash is such a scarce resource, any unexpectedly dire circumstance which would be best resolved by your having more of it probably constitutes an emergency."}
{"_id": "265419", "title": "", "text": "And with their complete and utter control of the US economy via the Fed and the Treasury and banks, they can squeeze America's balls when ever they feel like and drag them into their fake wars  And America gets Taxes and loses health care and is forced to survive on food stamps, and the 1% sucks the fat of all the wealth via goobly gook financial products and rapes the economy when it goes bad.   Every American politician must first get his asshole examined by AIPAC before he can even contemplate running, yet the Jews don't even make up 1 % of the vote.  Its as if the Popular vote does not matter, its who the Jews choose . . it wasn't Russia that hacked the election, it was the Jews who rigged it and then used liddle Jew Zuckerberg to implicate the Russians.  And now we have a Jew bitch as a president who has spent his entire life in debt to the Banks and that evil gargoyle Nathanyahu perpetually perched on his shoulder braying into his ear about war and millions of dollars being spent on investigating Russian posts on Face book, and under the chaos, the Jews have started to unwind the Fed with the first $4 billion of non-existent mortgages."}
{"_id": "265427", "title": "", "text": "&gt; Next time you call your bank (or credit card company), ask them some pointed questions: Do you have a financial or data sharing agreement with Equifax? If so, why?       Next time you are deciding WHICH bank to use, preferably for a significant relationship (ie million dollar + loan, business relationship, etc), you ask them then.       A bank teller has no power.  If you are already a customer, they don't care.  No one gets bonuses for customer retention, bonuses are for new business.  That's when people will care about your questions."}
{"_id": "265447", "title": "", "text": "\"Matt explains the study numbers in his answer, but those are the valuation of the brand, not the value of the company or how \"\"rich\"\" the company is.   Presuming that you're asking the value of the company, the usual way for a publicly traded company to be valued is by the market capitalization (1).  Market capitalization is a fairly simple measure, basically the total value of all the shares of stock in that company. You can find the market cap for any publicly traded company on any of the usual finance sites like Google Finance or Yahoo Finance. If by rich you mean the total value of assets (assets being all property, including cash, real property, equipment, and licenses) a company owns, that information is included in a publicly traded company's quarterly SEC filing and investor releases, but isn't usually listed on the popular finance sites. An example can be seen at Duke Energy's Investor Relation Site (the same information can be found for all companies on EDGAR, the SEC's search tool).  If you open the most recent 8-K (quarterly filing), and go to page 8, you can see that they have $33B+ in assets, and a high level breakdown of those. Note that the numbers are given in millions of dollars For a privately held company this information may or may not be available and you'd have to track it down if it is available. I picked Duke Energy because it's the first thing that popped into my mind.  I have no affiliation with Duke, and I don't directly own any of their stock.\""}
{"_id": "265452", "title": "", "text": "It's my understanding that the grace period is only for filing - the actual procedure/purchase must be performed CY2011 to be paid out from the 2011 FSA money, etc."}
{"_id": "265453", "title": "", "text": "\"With regard to your edit (although I didn't downvote): one way to reduce the security risk is to separate the payment from the ability to drain your account.  A considerable part of the security risk is inherent in giving people a number which is directly linked to a bank account where you keep all your money.  If you don't want that risk, don't do that.  Instead of (or in addition to) trying to reduce the chance of fraud, you can reduce the impact of fraud, even if it occurs, by not paying for things using the details of an account where you have all your money.  Trying to protect against fraud while keeping all your money in the account is sort of like carrying around thousands of dollars in cash in your wallet and then worrying about how to defend against robbery.  Yes, you can carry a weapon or hire a bodyguard, but it's probably simpler to just not carry that much money in the first place. You already mentioned one solution with your option #1, which is to just keep a small amount of money in a separate account and use that for online payments.  Assuming you can easily transfer money in and out of this account via online banking, this effectively is what you say you want in your edit: you log in to your bank online, but rather than \"\"informing it\"\" you're about to make a payment, you just transfer money in.  You'll probably have to keep a small amount of money in the account to keep it open, but if this is an important issue for you, that shouldn't be that big a deal. Another solution is a credit card.  With a credit card, you simply make the payment online.  In the US, if the merchant (or someone else stealing the info) makes fraudulent charges, the credit card company assumes the liability and the consumer suffers only the inconvenience of having to get a new card issued.  I don't know what the UK laws are regarding credit vs. debit fraud, but some sites I found seem to suggest that credit cards have fraud protection in the UK as well.  This is probably worth looking into if you are concerned about fraud.\""}
{"_id": "265462", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Ad Industry Insiders Profited From An Ad Fraud Scheme That Researchers Say Stole Millions Of Dollars](https://np.reddit.com/r/talkbusiness/comments/781val/ad_industry_insiders_profited_from_an_ad_fraud/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "265477", "title": "", "text": "\"It depends on what your plans for the future are.. Taking out a loan is not a bad thing if it is at a good rate and under good terms and you are sure you can handle the payments. If you buy the car with cash you may be giving up the opportunity to later get a great rate on that $8k. However, you are probably not utilizing that $20k to make as much interest as you'd then be paying if you did take the $8k on loan. Since you say \"\"house fund\"\" I assume you are saving to make a down payment on a new house. If you plan to buy that house within the next 6 months the hard pulls on your credit report from applying for the car loan will probably ding your credit score for the next 6 months which might cost you on your mortgage rate. However, if you don't plan to buy for a few more years and if you've never had a car payment before then the auto loan would actually be adding diversity to your credit history and in the long run would help your score. Another factor to consider is the loan-to-value ratio you are shooting for. LTV affects the interest rate, requirements for private mortgage insurance, etc.. Mortgage rates are at an all-time low and lower than auto-rates, so depending on the terms of the house purchase that $8k might be better spent on the car than the house. In short, if you want to buy the house soon (rates are loooow, market is a buyer's market), and you need that $8k to get a better mortgage rate or prevent you from being required to buy PMI you should probably put it toward the house. Otherwise you should probably put it toward the car. Last piece of advice. If you absolutely must buy a house and a car in the same short time-frame, do them both on the same day so that your credit score is not dinged before applying for one or the other. With mortgages this may be difficult considering the longer closing procedures, but try to time it so that your credit is getting checked by the mortgage broker and the auto lender on the same day.\""}
{"_id": "265484", "title": "", "text": "You should try to get an internship with the most prestigious consulting firm that does recruit from your school. Once you have that on your resume, then apply to MBB. It'll still be tough if your university isn't an MBB target school, but this is the most realistic way you'll end up with an interview @ MBB."}
{"_id": "265486", "title": "", "text": "\"was in the same flurry... wasn't that before AWS?  I thought AWS was effectively a result of an AMZN overload (black friday or something) and bezos saying \"\"buy enough servers so this never happens again\"\", then realizing that they're sitting on mostly idle servers and saying \"\"fuck it, let's just resell the unused CPU as cloud computing\"\".  in that case, it'd take some sort of firesale of tickets away from some cataclysmic event causing 99% of the country to be using their servers at once. And even then the AWS auto-scaling would add more servers and resolve the delays fairly quickly.  no, I don't expect to see amazon.com hitting any performance load issues any time in the foreseeable future.\""}
{"_id": "265496", "title": "", "text": "Dude all of Chicago's finance district recruits out of UIC. No you aren't going to work for a Goldman or a Getco but you will be in a great spot to work at a Chase or a BMO for example. Plus internships should be easy to get here."}
{"_id": "265503", "title": "", "text": "\"According to Yahoo, AAPL was trading at $113.26 at 1:10 PM on 11/13/15, which is the approximate time of your option quote.  You provided a quote for AAPL at 4:15, and the stock happened to keep going down most of the that afternoon.  To make a sensible comparison, you need to take contemporary prices on both the stock and the option.  The quote on the option also shows the \"\"price\"\" being outside of the bid-ask range, which suggests that the option was trading thinly and that the last price occurred sometime earlier in the day.  If you use a price in the bid-ask range ($21.90-$22.30) and use the price of AAPL at the time of the put quote, you'll come up with a price that's much closer to your expectation.\""}
{"_id": "265507", "title": "", "text": "Risks:"}
{"_id": "265518", "title": "", "text": "It's very, very slowly turning into a shopping area.  But with how strong places like the Cherry Hill area is right now, I don't see it really hitting critical mass.  The only thing special they have going for them is the Bass Pro Shop.  Which is a weird situation by itself considering it can take up to 6 months to get an FID or a new set of pistol permits.  I want to see Cabela's drop a store right in the middle of Cherry Hill, or Bristol, PA and completely destroy Bass Pro Shop."}
{"_id": "265520", "title": "", "text": "Yes, but it's *other institutional speculators* they are exploiting, as I made clear in my message. i.e. they prey on the people who prey on the small investors. The man on the street being upset about it is just completely stupid. It does not affect them one iota.  Also, it's worth pointing out that the amount of revenue generated by HFT is absolutely miniscule compared to all other forms of speculation. The return is somewhere around $1 for every $100,000 traded. So, even when a majority of trades in a market are HFT, a very small proportion of the profits are."}
{"_id": "265521", "title": "", "text": "I thought that was the purpose of PROTECTIP?  If we continue to be outraged though, eventually the watered down version will have no-teeth.  The problem is, our attention span isn't long enough to maintain this level of outrage.  Ironically I blame TV for this."}
{"_id": "265527", "title": "", "text": "\"The real question you're asking is how you can work for your business. You cannot. Whether your \"\"friend\"\" pays you or not is entirely irrelevant. Claiming your work-related earnings as interest/dividend will make it also a tax fraud, in addition to the immigration violation (i.e.: not only deportation but also potentially jail time).\""}
{"_id": "265533", "title": "", "text": "Probably means cutting the travel short. A small business owner employing specialist staff needs to identify and plan for this risk.   The plan might be to personally cover for the staff until a replacement is found.   Ideally in this situation the business will be able to support the salary of two staff in the role, even if one is part time or an apprentice/trainee. This is the approach our business takes with key staff."}
{"_id": "265551", "title": "", "text": "That's not what he's saying at all.  Basically most of his argument (4 of 6 points) is the connection between bond prices and equity prices. It's not particularly interesting but it definitely doesn't always apply either. If bond yields fall, then so too should equity earnings yields if spreads remain relatively constant, i.e. higher equity prices. Additionally, if bond yields are low, then any future equity growth gets capitalized at a much higher value because discount rates are much lower. Again, not particularly insightful.  The two interesting comments were about oil and cash as a % of assets at financial institutions. Both of these are likely linked to falling or low rates above, because banks can't invest profitably at low rates and hence hold cash and equivalents instead, and oil prices are more likely to fall in a low or falling inflation environment (implied by the low rates or Fed tightening).  Really, I think hes's saying something more obvious but not necessarily trivial, which is if one asset class goes up, so too is another related one."}
{"_id": "265558", "title": "", "text": "\"Geez man you're cutting it close to the end of the semester to be at the research stage of your project.  I normally frown on posts that say \"\"LOL DO MY PROJECT FOR ME\"\" but i know a bit about this subject and want to share.  I'm going to focus mostly on the B2B segment here because that's what I know. Many companies aren't spending as much as they used to on IT products or the staff to support them. They're also looking for ways to be more productive with their budgets. The consumer market is spending a lot less and is demanding products that Dell can't make as much money on.  The big things right now are The cloud, virtualization and miniaturization.  So, right now \"\"The Cloud\"\" is the buzzword. Lots of companies are moving their stuff offsite, letting someone else worry about major IT infrastructure. This typically costs the company less in both hardware and personnel costs. Companies still need a onsite presence for critical applications, data and backup but they need a lot less than what was necessary 5 years ago.  Network backbones have grown in scale and many metropolitan areas can now support this type of computing.  You also have virtualization which means you can run multiple \"\"servers\"\" on one physical server. What used to take up an entire rack years ago can now be run on a few servers.  This means companies need less of the IT equipment Dell makes in order to grow and expand.  All that means less of a demand for traditional IT equipment (computers and servers) and more of a demand for the proper software.   I see Dell moving more towards personal devices and larger enterprise equipment &amp; servers. Personal devices include tablets, laptops/netbooks, phones, compact PCs. The business side includes high density servers, storage, software and services. The miniaturization of computer hardware along with the cloud will allow users to access their \"\"desktop\"\" and programs from anywhere and Dell will be providing products to access the cloud. Servers will have terabytes of memory and a large number of cores. (systems with terabytes of memory already exist but the cost is prohibitive for most companies). These systems will be used to support a business' needs through virtualization or provide users with the cloud. Dell has acquired a few software companies over the years and will most likely acquire more &amp; may offer software for cloud computing, IT management and possibly (probably not) virtualization.  Over the past few years the desktop PC market has been shrinking as netbooks and new devices have been released.  They still have a long way to go but someday they will largely replace the PC in homes and businesses; especially as costs come down.   Also, Dell may see lots more money from government and healthcare in the next few years.  The government may choose to spend even more money than they do now on infrastructure and projects to help get us out of the recession. Those projects will need IT resources.  Same goes for healthcare, as the new healthcare laws go into effect they will need more IT resources to get the job done.  source: me, I've worked in the IT industry for the past 9 years. The majority of our business is with Dell products. If you need more details about me send me message.  Also please don't just copy paste my information.  I'm giving you some ideas. Go look them up, learn about them, research them.  College is about learning and one of the points of this project is to expand your knowledge about a subject.  tl;dr due to new technology, people and companies will be buying less, margins will be thinner, Dell will probably focus on new markets.  edit: after going through some of your posts it seems like you are in the IT industry as well so I'm confused and you may already know most of this information.\""}
{"_id": "265637", "title": "", "text": "From Wikipedia: 'Bezos was one of the first shareholders in Google, when he invested $250,000 in 1998. That $250,000 investment resulted in 3.3 million shares of Google stock worth about $3.1 billion today.'  His wealth may be tied to amazon but he is a savvy investor. Recently, I was watching an early interview he did with Charlie Rose, and I read more about him - which led to reading the Wikipedia article."}
{"_id": "265640", "title": "", "text": "\"I can't speak for every credit card, but I know two of mine don't have overage fees. The transaction either goes through, or gets denied. Check your card agreement and look for the fee section. One other thing to consider, sometimes when you make an online payment to a credit card, you will notice that the \"\"Available Balance\"\" number on the account will increase right away even if the payment is not reflected on your \"\"Current Balance\"\". If this is the case, and you are positive that your payment will be successfully posted to the account, I say go for it.\""}
{"_id": "265671", "title": "", "text": "Stephen G. Price is knowledgeable in handling asset division issues while ensuring that you meet all legal obligations. Allow us to assist you in going through the complex financial issues you will have to face, such as pension entitlements and capital gains. http://stephengprice.com/divorce-separation/"}
{"_id": "265678", "title": "", "text": "Tesla is losing money due to crazy capex setting up the Model 3 production line (&gt;$2B).  [Their gross margin for the S and X is ~25%](https://www.forbes.com/sites/greatspeculations/2017/08/03/tesla-beats-estimates-forecasts-attractive-margins-on-model-3/#32c3d21f2d53) and the same is expected for the Model 3.  They have an order backlog of $18B that is still growing.  That doesn't look like a company in trouble."}
{"_id": "265689", "title": "", "text": "Not sad but evil. Who am I to assign a dollar value to your life, your hopes, your dreams, your happiness? Who is anyone else?  Maximizing utility or the public good sounds nice, but it\u2019s empty sloganeering similar to \u201cmaximizing fairness.\u201d No one measures or even describes how&amp;mdash;for good reason: it can\u2019t be done. Our respective preferences are unique. Feel-good words are just that."}
{"_id": "265708", "title": "", "text": "Zuckerberg isn't really one for photo ops like that.  This:  &gt; At the moment, it seems to have been one grand showcase, with executives bringing up whatever issues is most relevant to their business and Trump responding with quips and thank yous, without assurances that there will be change.   Is pretty much what could be expected from a round table event of that size."}
{"_id": "265734", "title": "", "text": "Skilled workers *can* drive profits when deployed strategically, but they do precisely nothing on their own. Moreover, in their respective roles, none of them have the business-level perspective of the company in mind. They're too busy doing their own jobs, which is as it should be. Management deploys them to make money. And employees, like any other resource, need to be leveraged up or down as business needs demand."}
{"_id": "265744", "title": "", "text": "Robert is right saying that options' prices are affected by implied volatility but is wrong saying that you have to look at the VIX index. For two reasons:  1) the VIX index is for S&P500 options only. If you are trading other options, it is less useful. 2) if you are trading an option that is not at the money, your implied volatility may be very different (and follow a different dynamics) that the VIX index.  So please look at the right implied volatility.  In terms of strategy, I don't think that not doing anything is a good strategy. I accept any point of view but you should consider that option traders should be able to adjust positions depending on market view.  So you are long 1 call, suppose strike 10. Suppose the underlying price at the time of entry was 10 (so the call was at the money). Now it's 9.  1) you still have a bullish view: buy 1 call strike 9 and sell 2 calls strike 10. This way you have a bull call spread with much higher probability of leading to profit. You are limiting your profit potential but you are also reducing the costs and managing the greeks in a proper way (and in line with your expectations).  2) you become bearish: you can sell 1 call strike 9. This way you end up with a bear call spread. Again, you are limiting your profit potential but you are also reducing the costs and managing the greeks in a proper way (and in line with your expectations). 3) you become neutral: buy 1 call strike 8 and sell 2 calls strike 9. This way you end up with a call butterfly. You are almost delta neutral and you can wait until your view becomes clear enough to become directional. At that point you can modify the butterfly to make it directional.  These are just some opportunities you have. There is no reason for you to wait. Options are eroding contracts and you must be fast and adjust the position before time starts eroding your capital at risk.  It's true that buying a call doesn't make you loose more than the premium you paid, but it's better to reduce this premium further with some adjustment. Isn't it?  Hope that helps. :)"}
{"_id": "265747", "title": "", "text": "\"These services and other employee perks are referred to as fringe benefits. An employee \"\"fringe benefit\"\" is a form of pay other than money for the   performance of services by employees. Any fringe benefit provided to   an employee is taxable income for that person unless the tax law   specifically excludes it from taxation. One example of taxable fringe benefit is award/prize money (to prevent someone from \"\"winning\"\" most of their salary tax-free.) Cash awards are taxable unless given to charity.   Non-cash awards are taxable unless nominal in value or given to   charity. A less intuitive example is clothing. Clothing given to employees that is suitable for street wear   is a taxable fringe benefit. Your example possibly fits under de minims (low-cost) fringe benefits such as low-value birthday or holiday    gifts, event tickets, traditional awards (such as a retirement gift),   other special occasion gifts, and coffee and soft drinks working condition fringe benefits--that is, property and services   provided to an employee so that the employee can perform his or her   job. Note that \"\"cafeteria plans\"\" in the source don't refer to cafeteria but allow employee choice between benefit options available.\""}
{"_id": "265748", "title": "", "text": "I get it but I don't see it. Unless you make a processor for food as ubiquitous as the Keurig for coffee, where I'm buying food trays to heat or cook in a healthy/quality-maintained manner with the coffee pods, you're not latching onto the convenience requirement most consumers have in their already established lives."}
{"_id": "265757", "title": "", "text": "Btw, BE CAREFUL, you dont get suckered into some Northwestern Mutual job where they sell your family and drop you a day later.  Like I said in my earlier posts, a series 7 is a SELL SIDE cert dude.  This means selling something, investments, insurance, trading, etc.  Know what you are going to get into before you do it."}
{"_id": "265765", "title": "", "text": "The beginning of online networking and the constrained abilities of stages, for example, Facebook, LinkedIn and Twitter implied that brands centered their web-based social networking promoting endeavors around client administration and client correspondence. While these components are still critical, the stages now permit focused on correspondence through content and social media marketing in dubai, that bring organizations nearer than at any other time to both existing and potential clients. Today, stages, for example, Instagram and Snapchat offer much more accessible to clients that drive new business. For assist more insights about the web-based social networking promoting don't hesitate to connect with us."}
{"_id": "265766", "title": "", "text": "\"You don't need to use a real stock like GLD.  You can just create a \"\"stock\"\" called something like \"\"1 oz Gold\"\" and buy and sell them as if they were shares.  It won't auto-update the price like GLD, but that's not a big deal to update manually once a month or so. I prefer to have accurate data that is correct at a particular point in time to having data that is 2-3% off, or that requires entering the ounces as 10x reality.  YMMV. This is very similar to how you track US Savings Bonds in Quicken (and might be described in the help under that topic.)\""}
{"_id": "265795", "title": "", "text": "&gt;Even though her husband still works...  Ok hold on there. That's not really retiring, your husband still works. You are transitioning to a stay at home mom. And in NYC your $67k annual expenses after that kid comes will balloon big time.  Great job, well done, but don't belittle your husband's work by pretending you both sit at the cafe all day."}
{"_id": "265815", "title": "", "text": "Gundlach shared a chart that showed how investors in European \u201cjunk\u201d bonds are willing to accept the same no-default return as they are for U.S. Treasury bonds. In other words, the yield on European \u201cjunk\u201d bonds is about the same\u2014between 2 percent and 3 percent\u2014as the yield on U.S. Treasuries, even though the risk profile of the two could not be more different.  Sounds like a strong indicator to me. How might this play out in the US?"}
{"_id": "265817", "title": "", "text": "Dollar cost averaging works if the stuff you're buying goes up within your time horizon.  It won't protect you from losing money if it doesn't. Also consider that the person (or company, or industry) that suggests dollar-cost averaging might want you to start up a regular investment program and put it on auto-pilot, which subsequently increases the chance that you won't give due attention to the fact that you're sending them money every paycheck to buy an investment that make them money regardless of whether you make money or not."}
{"_id": "265822", "title": "", "text": "\"Farenthold Seems to have a serious problem with women... First it's the \"\"rape them\"\" comments which he later walked back and apologized for. Now it's the \"\"shoot them\"\" comment which he's in the process of walking back and apologizing for.   Perhaps he should just quit venting about women so specifically.\""}
{"_id": "265832", "title": "", "text": "I can't find the underlying legislation, but a few online resources suggest that if you contact a lender about a payment plan, they should put repayments on hold temporarily: http://www.financial-ombudsman.org.uk/keeps-you-awake/payday-rights.html We don\u2019t think it\u2019s fair if your lender: [...] Doesn\u2019t help you   get on top of things if you ask for help or \u201cbreathing space\u201d to sort   things out. https://www.citizensadvice.org.uk/debt-and-money/borrowing-money/types-of-borrowing/loans/payday-loans/payday-loans-reasons-to-complain-about-your-lender/ If you've had problems repaying the loan, you can complain if your payday lender: [...] did not offer to freeze interest and charges if you are able to make payments under a reasonable repayment plan https://www.moneyadviceservice.org.uk/en/articles/problems-paying-back-payday-loans By law, they must: [...] Suspend recovery of the debt for a reasonable period if you\u2019re developing a repayment plan with a debt adviser or on your own I'd start by making an immediate complaint to the lender. Make them aware that you're unable to meet basic living expenses because of the money they took, and ask for them to suspend collection temporarily and for the money to be returned. I would also dispute the charge with your bank on the grounds that it should not have been taken given the circumstances, and ask for them to credit your account while they investigate the dispute. They may not be too keen given it'll leave you overdrawn if they later reject the dispute, but it's worth asking. In parallel with that, contact Citizens Advice and/or the Financial Ombudsman (details in the links) and see if there's anything they can do or suggest."}
{"_id": "265843", "title": "", "text": "\"Generally, banks will not lend to \"\"rental\"\" LLC's, you'll have to cosign the loan personally. So for that matter LLC has no benefit. Paul mentioned the \"\"due on sale\"\" clause that is present in most current mortgage contracts and may trigger a call on your mortgage. Talk to your bank about it, in some cases you may be able to convince them that the ownership didn't in fact changed (since the same people are full owners of the LLC), but they may not buy it. If your bank allows it, you can transfer it into LLC and still enjoy the limited liability as an owner, but if not - you can get liability protection via insurance policy. In some cases that may even be cheaper. Talk to your insurance agent. In any case, deciding which (if at all) entity to use is a legal issue. You should talk to an attorney licensed in your State. There may be some tax considerations also, so talk to your tax adviser. In many cases, married couple jointly owning real-estate can skip the general partnership tax returns, but not with LLC.\""}
{"_id": "265846", "title": "", "text": "Is the parent company's common stock public?   If not, then there will be absolutely no pressure from everyone liquidating at the same time. If so, consider the average daily volume of transactions in the parent company's stock.  Is it much greater than the volume your 10k co-workers will have to liquidate?   If so, I wouldn't expect much of an impact from all liquidating at once. Any other situation, you are probably right to be a bit worried about simultaneous liquidation.   If this was my case, I'd probably submit a limit sell order so as to try and pick out a high for the timing of my liquidation, and lower my limit vs fair value as it got closer to the expiration of your ability to hold the parent company stock."}
{"_id": "265861", "title": "", "text": "This answer applies only to corporation tax, not income tax.  Different things, income tax is much higher.  12.5% is the low rate for corporation tax.  The standard rate is 25%.  Or if you're Apple 0%.   Like many countries Ireland will only consider you eligible for the low rate of corporation tax if you (your Irish company) can demonstrably prove yourself resident in Ireland.  This is more than just address, and you must be able to evidence that your staff work there, your directors are both European Economic Area citizens and have their board meetings in Ireland, and most importantly that they run the company from Ireland, etc.  If you're a one man corporation, unless you want to live in Ireland, it's not going to work.   Referring to the Irish government's website:  The term 'residence' was not, until recently, defined in law. The   general rule was that companies, whose 'central management and   control' was exercised in the State, were treated as resident here.   This rule or test emerged as a result of judicial decisions set down   in case law. Factors to be taken into account in establishing where   the company's central management and control lie include, for example,   where the important questions of company policy are determined, where   the majority of directors reside, where the negotiation of major   contracts is undertaken and where the company's head office is   located. Long story short:  An Irish incorporated company is not treated as Irish resident for tax   purposes if it is a 'relevant company' ... A Relevant Company is a   company that ... is ultimately controlled by persons resident in the   EU or in a country with which Ireland has concluded a double taxation   treaty"}
{"_id": "265866", "title": "", "text": "I did the reverse several years ago, moving from NH to MA. You will need to file Form 1-NR/PY for 2017, reporting MA income as a part-year residence. I assume you will need to report the April capital gain on your MA tax return, as you incurred the gain while a MA resident. (I am not a lawyer or tax professional, so I don't want to state anything about this as a fact, but I would be very surprised if moving after you incurred the gain would have any affect on where you report it.)"}
{"_id": "265869", "title": "", "text": "Also I think everyone forgets that a lot of the time U.S. Bonds are the ONLY place to park money. Where else can someone invest 1.5 trillion? I think between the bond yields and inflation rate, China isn't really making a profit on this investment.  Better to lose a little than a lot I guess. The problem with the U.S. is that they don't use this profitable scheme to pay down debt."}
{"_id": "265874", "title": "", "text": "\"A 'indexed guaranteed income certificate' (Market Growth GIC) fits the criteria defined in the OP. The \"\"guaranteed\"\" part of the name means that, if the market falls, your capital is guaranteed (they cover the loss and return all your capital to you); and the \"\"index linked\"\" or \"\"market growth\"\" means that instead of the ROI being fixed/determined when you buy the GIC, the ROI depends on (is linked to) the market growth, e.g. an index (so you get a fraction of profit, which you share with the fund manager). The upside is that you can't 'lose' (lose capital). The fund manager doesn't just share the losses with you, they take/cover all the losses. The downside is that you only make a fraction of whatever profit you might make by investing directly in the market (e.g. in an index fund). Another caveat is that you buy a GIC over some fixed term, e.g. you have to give them you money for a year or more, two years.\""}
{"_id": "265877", "title": "", "text": "I speak as a person without kids, but I'll give this a shot anyway, using my memory of the perspective I had when I was a kid.  My advice is, if the kids are young enough to not care much, don't be afraid of the thrift store.  My parents got a bunch of clothes from the thrift store as I was growing up (around elementary school age) and I didn't care at all.  When I got to be older, (middle school age) shopping at Target and K-mart didn't seem bad either.  By the time the kids are old enough to really care beyond, they are probably old enough to get their own part-time jobs and get their own clothing. I however, am probably naive, as I still care little for such things, and judging from popular culture, most care about them a great deal."}
{"_id": "265904", "title": "", "text": "Rule of thumb is always BUY, NEVER lease, unless you plan to use it for a business where you can expense the lease payments. Leasing is the biggest scam.  Lease is just a fancy word for renting and the dealerships PRAY that people like us lease. As for new or old, new cars have better warranty but you may get a great deal on a 1-3 year old used car."}
{"_id": "265909", "title": "", "text": "Amazon was a terrible addition to town.  They sprouted condo towers and congestion in South Lake Union, then shipped in interns and employees who live in dorms and eat in the company cafeteria during their two waking that they are not at work.  These people don't even take transit.  There is near zero benefit unless you're a landlord downtown and enjoy the increase in rents."}
{"_id": "265911", "title": "", "text": "My son worked at our local Applebee's as a waiter while in  college a few years before they closed. The statement that  they microwave food is absolutely true and it comes in prepackaged portions. I agree we should all seek out restaurants where they actually prepare and cook fresh food daily!  The fact that they charge 14.99 for a frozen microwaved pasta dish is unbelievable. My advice to Applebee's; worry about the quality of the food first and hire real chefs instead of trying to line corporate executives pockets with money."}
{"_id": "265923", "title": "", "text": "Just so you know, in a small claims court limits are less than $10K so even if you win, you will get just half the money.  Hiring an attorney can be expensive. Never lend money to family or friends unless you don't expect to have it back.  Keep the friendship and the money."}
{"_id": "265930", "title": "", "text": "It's been six months. I know it's been a loss, but we pulled our money out before the recession as well because things smelled bad then, too. That proved to be a wise decision. We are also in our 50s, so capital preservation is a big consideration."}
{"_id": "265942", "title": "", "text": "It will definitely cut current jobs, but the cost savings on wages will eventually reach the consumer in the form of lower prices, assuming some level of competition exists. The consumers will then have more money to spend on other goods and services, creating demand for new jobs."}
{"_id": "265947", "title": "", "text": "&gt; Because those conditions are arbitrarily set over a reality that does not conform to the fantasy with which they were contrived, by government officials that have no accountability to the post office's customers.  &gt; They chose false morality and good feels over reality, and they aren't paying the price. We are.  https://www.afge.org/about-us/  &gt; As a labor union, AFGE is in a unique position because it is not currently afforded the same full scope collective bargaining rights as workers in the private sector. For this reason in addition to negotiating working conditions at the bargaining table, AFGE coordinates a full-scale legislative and political action program to monitor issues that impact the government work force. **When Congress debates funding of vital government programs administered to the public by government workers or tackles employee health care issues, AFGE is on the scene representing its members.**"}
{"_id": "265948", "title": "", "text": "If I bought 1 percent share of company X, Most countries company X, is treated as a separate legal entity than individual. So max loss is what you have invested. However certain types of companies, generally called partnerships are not separate entities and you have to pay back the said loss. However such companies are not traded on stock exchanges. Is there an age requirements to enter the stock market? Depends on country. Generally a minor can hold an account with a guardian."}
{"_id": "265965", "title": "", "text": "Great.  But the policies aren\u2019t targeted at him.  The government isn\u2019t conspiring to build monopolies.  But corporations are definitely conspiring to take advantage of government policies.  How about we force corporations to give back to the country relative to what they get from it?  Or is the idea of responsible corporations just too much to handle?"}
{"_id": "265973", "title": "", "text": "They're wrong, and it's easy to show that if you pay the same % in taxes then you end up the same either way. If you have an initial investment of 10k, an effective tax rate of 25%, and gains of 10% a year, here are the numbers: You invest 10k into a traditional. After 50 years, you have $1,173,908.  After paying taxes, you end up with $880,431. You invest 10k into a Roth. After paying the taxes, your initial investment is $7500. After 50 years, you have $880,431 - the same you have with the traditional. The advantage from the Roth comes from two things - the assumption that taxes are lower now for you than they will be in the future (a good bet, given that taxes are relatively low in the US) and the ability to have a mix of taxable and non-taxable income to draw from in retirement to lower your effective tax rate (draw down the taxable up to a certain tax bracket then use your non-taxable above that)."}
{"_id": "265987", "title": "", "text": "Find all kind of compute repair in Beverly Hills at High-Tech Systems. We repair all brands of desktops, workstations, and even servers at our service center.Our 23-years of experience has made us able to face all kind of desktop problems.We provide component level service only fixing the defective part without replacing the entire part which saves time and money."}
{"_id": "265993", "title": "", "text": "\"I've seen this sentiment a lot . Can someone show me the math on how this is a payday loan scam. Surely this was proved with math for you to believe it right? Something like \"\"Uber pays x amount for these many miles while if you drive y car you should be getting &gt;x for the miles. That only makes sense.\""}
{"_id": "266015", "title": "", "text": "Yeah building keys for the NSA, sending all kinds of telemetry and caching data from my system is really a great feature that is fucking near impossible to disable for the layman and keep disabled as updates turn them back on. Yeah bill makes some great points, but he's not running the show and windows 10 is a load of shit. They even acknowledge that they were too aggressive. Windows had been relegated to a VM where it belongs, and I only turn it on if I absolutely have to."}
{"_id": "266062", "title": "", "text": "\"Why would you ask \"\"is the money yours\"\", when you know it isn't?   When we were young children we were told \"\"two wrongs don't make a right\"\". As an adult we know that breaking the law \"\"to get back at\"\" someone we perceive as breaking the law is illegal.  In sports and in real life, the retaliator often receives a worse punishment than the initial rule violator.   In the case mentioned, the second part of the \"\"scam\"\" would proceed if you participated or not.  The person would go to their bank and indicate a mistaken deposit and have such refunded to their account.  By the correct amount yours would be debited.  Woe to the person that spent this money prior to the debit.\""}
{"_id": "266074", "title": "", "text": "They are extremely different degrees. MBA requires work experience and prepares one to be an MD or high-level manager from a strategy and holistic perspective.  An MSF is generally for undergrads that cannot find jobs right away or want to enhance their skill sets to become technically superior before entering the workforce.  Either degree is worthwhile IYAM."}
{"_id": "266076", "title": "", "text": "I'm not going to speak for him but that feels like an ad hominem attack.   Regardless of his bent, there is a growing voice of credible professionals that are eschewing MPT. Behavioral finance has for decades, anyway.  BTW, Leigh is out of the asset mgmt biz and runs Estimize, which is a cool tool to identify others with the special sauce. Just saying."}
{"_id": "266096", "title": "", "text": "Darn. It sounds like Whole Foods is a store sent from heaven...  [The Lies that Whole Foods Tells](http://www.realclearscience.com/blog/2014/06/the_lies_that_whole_foods_tells_108701.html)  [Whole Foods sued over false 'all natural' claim on baked goods](http://www.naturalnews.com/045617_all_natural_Whole_Foods_lawsuit.html)  [Whole Foods sued over false advertising of sugar in goods](http://www.foxnews.com/food-drink/2015/07/14/whole-foods-sued-over-false-advertising-sugar-in-goods.html)   [Whole Foods caught in GMO marketing deception](http://www.naturalnews.com/037467_Whole_Foods_marketing_fraud_GMO.html#)  [Organic foods in Aldi are much lower than Whole Foods](http://www.dontwasteyourmoney.com/aldi-vs-whole-foods-stores-organic-options-better-wallet/)  [Is Whole Foods Wholesome?](http://www.slate.com/articles/arts/culturebox/2006/03/is_whole_foods_wholesome.html)"}
{"_id": "266099", "title": "", "text": "I would have thought that if you are doing it in your own time using your own resources it really has nothing to do with your current employer, so there is really no need at all to keep it from them. By being open and transperant you might even get some business from your work mates."}
{"_id": "266111", "title": "", "text": "I found this interesting list https://money.usnews.com/money/blogs/on-retirement/2011/12/05/the-most-tax-friendly-places-to-retire-abroad (mirror): Argentina Belize Colombia Costa Rica Croatia Ecuador France Ireland Italy Malaysia Mexico Panama Philippines Spain Thailand Uruguay One source confirming for Philippines: http://www.investopedia.com/ask/answers/052615/what-are-financial-benefits-retiring-philippines.asp : You are exempt from income taxes on annuities and pensions"}
{"_id": "266122", "title": "", "text": "I don't know which articles you have read but as far as I know the impact of automation will not be same in every industry. For example, take Education where human interaction is intensive automation is unlikely to displace human roles delivering value but the same cannot be said about manufacturing which on the other extreme is a labor intensive industry. Most industries fall in-between these extremes meaning full automation is impractical."}
{"_id": "266137", "title": "", "text": "The bad mortgages were re-sold as investments. The banks had no incentive to make good loans because they were just going to re-sell them anyway.  They even got ratings agencies to rate these investments with their best ratings to sucker other companies into buying them."}
{"_id": "266138", "title": "", "text": "i am not against bonuses, provided employees have health care, retirement contributions from the corporation, a living wage and a claw back clause if exec is fired for cause.  The problem is for too many companies the bonus is based on exec's squeezing employees benefits or bought buy the execs using profits to buy back stock to increase stock prices and inflate bonuses based on stock price."}
{"_id": "266143", "title": "", "text": "&gt; Europe will never spend such amounts because it's just stupid to do so  Because they know someone will protect them.  I'll guarantee you the thought process in 1947 was a lot different - avoiding losing a war was worth a lot.  People have just forgotten what war is and assume it won't happen again."}
{"_id": "266158", "title": "", "text": "That's a bold statement. Lots of people work hard, but traveling constantly, training, having to be a public figure, all are a lot of work that factors into the high salary. Not even mentioning how competitive a loving it is to even make it and maintain a career doing it. You could work two jobs to get by and bust your ass, but I don't think that's necessarily comparable to being one of the top athletes in the world."}
{"_id": "266163", "title": "", "text": "Our experience team understands the basic needs for professional support for market entrance of the new companies database. We have therefore developed a database service of companies that are of significant necessity for start-up businesses. Database For Business has the latest service of Dubai real estate database service. It is an unbelievable place for you, from where you can buy an online database service at the lowest price. Our team of database administrators services makes sure about software applications that run proficiently. If you want get services of database administration resources in their zone. It is so beneficial for your companies that are trying to avoid the work of configuring, maintaining, and upgrading their own databases."}
{"_id": "266167", "title": "", "text": "\"Often you are right, and the current information is \"\"priced in\"\", but I would say in times of market boom like this that the market can definitely overprice. Price is driven by trades/last trade. Someone may be willing to pay X, and do so, making the price now X, but that does not mean it is worth X. You could very well be paying a premium for it's perceived desirability. This is why investors/analysts spend time and energy on valuations, they want to compare the markets current price to what the price theoretically should/would be if it were purely driven by the data, in effect trying to remove sentiment from the equation to gain a more realistic idea of what a company is worth.  Side note adding on that, don't mistake this as saying one should pay a lot of attention to analysts or their price targets, though analysts do have insightful things to say.\""}
{"_id": "266173", "title": "", "text": "You can take the old 401k and convert it to an IRA just about anywhere.  No accountant required.  Borrowing against the IRA/401k is a very stopgap measure, be sure you know what you are getting into.  A distribution from it is a 10% penalty before age 59.5."}
{"_id": "266176", "title": "", "text": "I've definitely seen a lot more small businesses pop up where I live (Silicon Valley) as I was growing up. In a busy, urban environment people really do like convenience. And in an age where people dislike the power of huge corporations, a small business is a good f-u to that sort of status quo.  Also the title is a little misleading since it mainly talks about the issues restaurants are suffering from lately. I could see a lot of more people ordering online in this day and setting. And of course, it's a rich-people thing because the food can also be quite pricey."}
{"_id": "266194", "title": "", "text": "\"If you want a Do-It-Yourself solution, look to a Vanguard account with their total market index funds.   There's a lot of research that's been done recently in the financial independence community.  Basically, there's not many money managers who can outperform the market index (either S&P 500 or a total market index).  Actually, no mutual funds have been identified that outperform the market, after fees, consistently.  So there's not much sense in paying someone to earn you less than a low fee index fund could do.  And some of the numbers show that you can actually lose value on your 401k due to high fees. That's where Vanguard comes in.  They offer some of the lowest fees (if not the lowest) and a selection of index funds that will let you balance your portfolio the way you want.  Whether you want to go 100% total stock market index fund or a balance between total stock market index fund and total bond index fund, or a \"\"lazy 3 fund portfolio\"\", Vanguard gives you the tools to do it yourself.  Rebalancing would require about an hour every quarter. (Or time span you declare yourself). jlcollinsnh A Simple Path to Wealth is my favorite blog about financial independence.  Also, Warren Buffet recommended that the trustees for his wife's inheritance when he passes invest her trust in one investment.  Vanguard's S&P500 index fund.  The same fund he chose in a 10 year $1M bet vs. hedge fund managers.  (proceeds go to charity).  That was about 9 years ago.  So far, Buffet's S&P500 is beating the hedge funds.  Investopedia Article\""}
{"_id": "266209", "title": "", "text": "With near zero marginal cost, and infinite supply, your prices are going to be decided by entry cost, competition, and what the market will bear. Generally speaking, though, there are no accurate models for getting these kinds of optimal prices in advance - your best bet is to test, experiment, and then build a business and market specific model based on what you observe.  Look at the Steam network, as an example. They are in the business of selling 0 marginal cost software (games), in a market with a significant but quickly decreasing entry cost, and with solid competition. Despite being around for years in a mature market, they're still discovering unexpected optimal price points when testing how their customers behave."}
{"_id": "266212", "title": "", "text": "Unusual.  Most dealers pay interest on their inventory, so they don't like having so much around so long.  But they dislike taking a loss on a car, so if the market is weak for a few months, they may choose to wait for an upturn rather than cut prices enough to move the cars."}
{"_id": "266215", "title": "", "text": "Can you take 2 loans -- an 80% and an 8% loan? Same payments as doing PMI, but the 8% can be paid off in pretty short order and drop payments significantly."}
{"_id": "266221", "title": "", "text": "\"Sure, Yahoo Finance makes mistakes from time to time.  That's the nature of free data. However, I think the issue here is that yahoo is aggregating several line items into one.  Like maybe reporting cash equivalents plus total investment securities minus loans as \"\"cash equivalents.\"\"  This aggregation is done by a computer program somewhere and may or may not be appropriate for a particular purpose and firm. For this reason, if you are trying to do top quality research, it's always better to go to the original SEC filings, if you can.  Then you will know for sure which items you are looking at.  The only mistakes will be the ones made by the accountants at the firm in question. If there's a reason you prefer to use yahoo, like if it's easier for your code to scrape, then spend a little time comparing to the SEC filing to ensure you know where the numbers really come from before using it.\""}
{"_id": "266225", "title": "", "text": "I will be graduating this summer and plan in sitting for the CFA in December. My rationale is simple.  An employer has no idea of the quality of education my university provided me.  A CFA is a national certification of competency, one that is universally understood in the financial industry.  So yes, do it!"}
{"_id": "266229", "title": "", "text": "\"The HMRC has a dedicated self-help/learning site that is helpful here: It's important to tell HMRC that you are self-employed as soon as   possible.  If you don't, you may have to pay a penalty.  You don't want to pay more to HMRC than you have to as it is a waste   of your money. Your business has started when you start to advertise or you have a   customer to buy your goods or services.  It is at this point that your business is 'trading'. You cannot   register before you start trading. For example, if you advertise your business in the local newspaper on   15 January but do not get your first customer until 29 March; in this   case, you have been trading since 15 January. You must tell HMRC within six months of the end of the tax year in   which you start self-employment.  You must therefore register by 5 October.  But it's best to register well before this so that you do not forget   to do so. The HMRC also has a YouTube channel with help videos, and \"\"Am I Trading or Not?\"\" might be of particular interest to you. Most of the registration is based around the concept of starting to work with the intent to make a profit. By the letter of law and regulations, you should register within six months of the end of the tax year you started to avoid any potential penalty. However note that the situation is different based upon your intent. If you begin making/putting up videos online as a hobby with the hope that you can make something to help you defray the basic costs involved, and the total amount you make is relatively small (say, less than 500 pounds), you will not be classified as \"\"trading\"\" and likely have no need to register with HMRC.  As soon as you begin to get in regular payments, maybe a single payment of a significant size, or multiple payments for a similar service/item, you are vastly more likely to need to register. From my reading you would likely be safe to begin putting up videos without registration, but if you begin spending a large portion of your time over an extended period (multiple months) and/or begin getting payments of any notable size then you should likely register with the appropriate services (HMRC, etc). As is the case in both the USA and UK, simple registration is pretty cheap and the costs of little/no income are usually pretty minor.  Also note that the HMRC trading and self-employment regulations are unusual compared to many US laws/institutions, in that you are explicitly permitted to begin doing something and only register later. So if you start doing videos for an entire tax year + 5 months and make nothing significant, you'd seemingly be fine to never register at all.\""}
{"_id": "266236", "title": "", "text": "&gt; Physicists do not disagree about gravity.  Meanwhile, on the subject of Global Warming, there's a physicist for every opinion. I guess we should thus conclude that physics is bullshit...as opposed to 'you can find a paid shill for any opinion', eh?"}
{"_id": "266239", "title": "", "text": "If you need the money in the short-term, you want to invest in something fairly safe.  These include saving accounts, CDs, and money market funds from someplace like Vanguard.  The last two might give you a slightly better return than the local branch of a national bank."}
{"_id": "266247", "title": "", "text": "Contributions are post-tax, so there's no direct tax benefit to choosing a year. I just made a 2010 contribution today, and the institution's form explicitly asks me if I want it on 2010 or 2011.  The primary advantage of backdating like this is being able to contribute 5k more over your lifetime than otherwise possible, under the timing constraints. While there may be a year in the future which you don't contribute the max, contributing now lets you build up earnings tax free. For '10 vs '11, you're probably holding cash so it's not a big deal, but over five years is a long time to hold cash or invest with tax penalty."}
{"_id": "266267", "title": "", "text": "nah there are some where its safe to do, but they suffer the same issues as cars.. yeah its all on one track.. seems so simple but you got to deal with shit like objects on the track and trying to stop. They are either way full of people or way full of goods. It sounds good to think its unions but its mostly not. its mostly humans are still needed to brake if the track is broken or something on it or w/e  we can START to do the full auto trains that drive the general service tracks. But its going to be just like trucks and cars and everything else.. while 99% of the time, they on a nice long straight clear track.. once in a while they have to deal with the same shit as cars.. something unexpected in the way."}
{"_id": "266268", "title": "", "text": "Yeah thanks. Since we are on an upswing now I'm refinancing to pay everything off faster and taking money out for capital improvements. My guess is everything will be paid off at the end of the next downswing so I have the luxury to hold."}
{"_id": "266299", "title": "", "text": "Experts say that the duplex builders selected by you should have the expertise to bring together all the aspects of home building, from design to financial planning and project management. This means that all inclusive knowledge regarding insulation and energy-efficient heating and cooling systems should be in-built in their professional character."}
{"_id": "266304", "title": "", "text": "Using the http://calculators.ato.gov.au/scripts/asp/simpletaxcalc/main.asp calculator and noting all the caveats (Medicare etc) and assuming everything is proportionate you get: You earn: $110,000 less $28,647 tax = $81,353 She earns: $54,000 less $9,097 tax = $44,903 Total net: $126,256 You earn: $88,000 less $20,507 tax = $67,493 She earns: $72,000 less $14,947 tax = $57,053 Total net: $124,546 So, there is about $1,710 in it per annum or $33/week. Long day care will be setting you back $75-185/day so this is pretty small beans. This is all back of the envelope stuff and probably worth paying a few hundred dollars to an accountant to work it all out."}
{"_id": "266305", "title": "", "text": "&gt;I like how generous you are with your assumptions and think that everyone else that didn't vote must be against Trump.   It actually just assumes that they dont actively support him, and is an extremely good metric on that count. If you have a better ground truth measurement to proffer im all eyes."}
{"_id": "266306", "title": "", "text": "\"Usually services like Western Union or MoneyGram only give the recipient the money, not the information about who and when sent it. But you can verify with them directly.  However, for legal/tax reasons, your friend might have to declare that it was a gift, and where it came from. So depending on the country of the destination you might not be able to completely \"\"hide\"\" from the recipient, even if the transfer service technically allows that. In any case, when you transfer the money out from the US you'll have to provide your personal identification and information. Since the USA PATRIOT Act, it is impossible to transact \"\"anonymously\"\" (not sure if it ever was possible in the US, actually).\""}
{"_id": "266312", "title": "", "text": "\"&gt; It's generally bad for business to piss off your customers.  most people are not living in outrage land and don't give much thought to that kind of thing.   and the general mills thing is fine and expected... they want to push out their competition from the supply chain requirements that would make dropping the \"\"gmo\"\" label hard to comply with. It's business honey.\""}
{"_id": "266319", "title": "", "text": "The equation for the payment is  This board does not support Latex (the number formatting code) so the above is an image, the code is M is the payment calculated, n is the number of months or periods to pay off, and i is the rate per period. You can see that with i appearing 3 times in this equation, it's not possible to isolate to the form i=....  so a calculator will 'guess,' and use, say, 10%. It then raises or lowers the rate until the result is within the calculator's tolerance. I've observed that unlike other calculations, when you hit the button to calculate, a noticeable time lag occurs. I hope I haven't read too much into your question, it seemed to me this was what you asked."}
{"_id": "266323", "title": "", "text": "The main advantage of commodities to a largely stock and bond portfolio is diversification and the main disadvantages are investment complexity and low long-term returns. Let's start with the advantage.  Major commodities indices and the single commodities tend to be uncorrelated to stocks and bonds and will in general be diversifying especially over short periods.  This relationship can be complex though as Supply can be even more complicated (think weather) so diversification may or may not work in your favor over long periods. However, trading in commodities can be very complex and expensive.  Futures need to be rolled forward to keep an investment going.  You really, really don't want to accidentally take delivery of 40000 pounds of cattle.  Also, you need to properly take into account roll premiums (carry) when choosing the closing date for a future.  This can be made easier by using commodities index ETFs but they can also have issues with rolling and generally have higher fees than stock index ETFs. Most importantly, it is worth understanding that the long-term return from commodities should be by definition (roughly) the inflation rate.  With stocks and bonds you expect to make more than inflation over the long term.  This is why many large institutions talk about commodities in their portfolio they often actually mean either short term tactical/algorithmic trading or long term investments in stocks closely tied to commodities production or processing. The two disadvantages above are why commodities are not recommended for most individual investors."}
{"_id": "266330", "title": "", "text": "Generally no. It does not make sense for insurance company to alter terms and if there are such rules it can be subject to misuse."}
{"_id": "266342", "title": "", "text": "\"Having worked for both a non-profit and a charity, it is my recommendation that you always donate directly to the charity, and not through any form of solicitation.  Most of the telephone calls that you receive are likely from telemarketing companies.  It has been my experience (through exploring them as a means of fundraising) that the charity will likely only see about 10% - 25% of the funds raised in their name!!  I imagine that a number of door to door solicitations are also done by professional fundraisers. WRT sharing of lists, it is likely not the charities that share the lists, but the companies that they hire to solicit for them.  I always ask to be put on their \"\"do not call\"\" list To verify that a person collecting at your door is from the charity that they represent, can you pledge a donation, buying time to look into them?  Or write a cheque in the name of the charity if it is known to you?  I doubt that many scammers would go to the trouble of trying to open a bank account in the charity's name. I like YMCbuzz's point about the online donation - I use CanadaHelps.org.  They are very upfront about the small (3%) fee that they charge, and the rest of the money goes to the charity.  I have used them working for a charity, so I can vouch for how much is sent to the charity.\""}
{"_id": "266358", "title": "", "text": "I would recommend you look at Credit Karma and assess your situation. The site is free and will offer a score similar to your FICO score enabling you to best judge when to apply. They advertise, like any web site, and will offer credit card signups, which is how they make money.  Disclaimer - I am a blogger and have written about Credit Karma, but no payment from them. I've actually been out drinking with their marketing team, but that was it. Nice bunch."}
{"_id": "266372", "title": "", "text": "Meh... how about telling us how they actually run scams?  What to watch out for?  Some real info.  What's here is, mostly, obvious top level stuff.  What I want is the dirt.  Real details.  Real content.  Come on, give it to us."}
{"_id": "266373", "title": "", "text": "\"A major danger of keeping \"\"emergency\"\" funds in the form of stocks is that many of the scenarios where one would need quick access to the money will also momentarily depress the stock market.  Someone whose emergency funds were in some other form could avoid selling stocks during a momentary downturn, but someone who has no other emergency funds would have no choice but to sell during the downturn (thus losing money as well as making the downturn more significant for everyone else).\""}
{"_id": "266375", "title": "", "text": "Mythos Hedgefonds. Einblick in die Charkateristika, Bedeutung und Strategien von Hedgefonds. In der heutigen Zeit h\u00f6rt man immer \u00f6fters von der Macht der Hedgefonds. Beinahe t\u00e4glich prangern die Medien Hedgefonds als sogenannte S\u00fcndenb\u00f6cke an. Dabei n\u00fctzten diese gezielt die falschen Vorstellungen oder das Nichtwissen der Menschen \u00fcber diese Materie aus. Diese Homepage soll einem einen ersten Einblick in das Gebiet der Hedgefondsindustrie gew\u00e4hren. Denn erst nachdem man selbst ein Grundverst\u00e4ndnis von der Materie besitzt, kann man dar\u00fcber urteilen."}
{"_id": "266378", "title": "", "text": "This is what people don't understand about affirmative action.   People have this misconception that everybody or every company is rated from first to last, and the ones highest on the list get accepted.   In reality, you have a small handful of standouts near the top and a giant grey blob beneath them, and those are often picked based on whim, chance, subjective factors, etc."}
{"_id": "266397", "title": "", "text": "Its kind of a dumb question because no one believes that you can earn 8% in the short term in the market, but for arguments sake the math is painfully easy.  Keep in mind I am an engineer not a finance guy. So the first payment will earn you one month at 8%, the second, two.  In effect three months at 8% on 997.  You can do it that way because the payments are equal: 997 * (.08 /12) *3 = earnings ~= 20 So with the second method you pay: 997 * 3 - 20 =  2971"}
{"_id": "266436", "title": "", "text": "The link you posted was also one sided.  But you see, this is exactly the problem we've been talking about this whole time. Trumps plan flies in the face of entrentched special interests in the government on both sides of the aisle. These are divisive interests that exist solely within the government, absent the will of the people and against the greater good for our country.  These interests and their stakeholders must be excised from power in order for us to MAGA."}
{"_id": "266443", "title": "", "text": "Virus Removal Los Angeles - High Tech Systems \u2013 Spyware is a type of malware that is installed on computers and collects little bits of information at a time about users without their knowledge.Virus Removal This is the most common issue we see."}
{"_id": "266447", "title": "", "text": "I disagree.  The question is leading, it presumes that backstopping the banks was a cause, not an effect, of poor government funding, which is absolutely insane.  A country cannot be brought down by the financial sector, it's just not possible, not even where the country doesn't have monetary authority."}
{"_id": "266457", "title": "", "text": "TL; DR version of my answer: In view of your age and the fact that you have just opened a Roth IRA account with Vanguard, choose the Reinvest Dividend and Capital Gains distributions option. If Vanguard is offering an option of having earnings put into a money market settlement account, it might be that you have opened your Roth IRA account with Vanguard's brokerage firm. Are you doing things like investing your Roth money into CDs or bonds (including zero-coupon or STRIP bonds) or individual stocks? If so, then the money market settlement account (might be VMMXX, the Vanguard Prime Money Market Fund) within the Roth IRA account is where all the money earned as interest on the CDs or bonds, dividends from the stocks, and the proceeds (including any resulting capital gains) from the sales of any of these will go. You can then decide where to invest that money (all within the Roth IRA). Leaving the money in the settlement account for a long time is not a good idea even if you are just accumulating the money so as to be able to buy 100 shares of APPL or GOOG at some time in the future. Put it into a CD in your Roth IRA brokerage account while you wait. If your Roth IRA is invested only in Vanguard's mutual funds and is likely to remain so in the foreseeable future, then you don't really need an account with their brokerage. You can still use a money market settlement fund to transfer money between various mutual fund investments within the Roth IRA account, but it really is adding an extra layer of money movement where it is not really necessary. You can sell one Vanguard mutual fund and invest the proceeds into another Vanguard mutual fund or even into several Vanguard funds without needing to have the funds transit through a money market account.  Vanguard calls such a transaction an Exchange on their site. And, of course, you can just choose to reinvest all the dividends and capital gains distributions made by a mutual fund into the fund itself. Mutual funds allow purchases of fractional shares (down to three or even four decimal places) instead of insisting on integer numbers of shares let alone round lots of 100 shares. All this, of course, within the Roth IRA."}
{"_id": "266480", "title": "", "text": "We struck a deal. I sold an asset to some body on june 1 . However he says, he would pay me any time on or before august 1st . This puts me in a dilemma.  What if price goes down by august 1st and i would have to accept lower payment from him.? If price goes up till august 1st, then obviously i make money since ,even though item is sold,price is yet to be fixed between parties. However i know anytime on or before august 1st, i would get paid the price quoted on that particular day. This price could be high in my favor, or low against me. And, this uncertainty is causing me sleepless nights. i went to futures market exchange. My item (sugar,gold,wheat,shares etc..anything). i short sell a futures which just happens to be equivalent to the quantity of my amount i sold to the acquirer of my item. I shorted at $ 100 , with expiry on august 1st. Now fast orward and august 1st comes. price is $ 120 quoted . lets Get paid from the guy who was supposed to pay on or before august 1st. He  pays 120 $. his bad luck, he should have paid us 100 $ on june 1st instead of waiting for august 1st . His judgement of price movement faulted. WE earned 20 $ extra than we expected to earn on june 1st (100$) . However the futures short of 100$ is now 120$ and you must exit your position by purchasing it at back. sell at 100$ and buy at 120$ = loss of 20$ . Thus 20 $ gained from selling item is forwarded to exchange . Thus we had hedged our position on june 1st and exit the hedge by august 1st. i hope this helps"}
{"_id": "266481", "title": "", "text": "Not sure if you mean that your SO stands to inherit $18 million or has inherited it already.  I would hope that her family already has a team of financial advisors at that point.   The name of the game at that asset level is protection.  You have enough money so you want to keep up with inflation and generate some income.  Most of my firm's clients at that size have at least 50% in tax-free municipal bonds the other half is about 10% in aggressive investments (private equity, aggressive stock managers), and 25% in conservative stock investments, 5% in international investments, and 10% in alternative investments (long/short, GTAA, hedged equity) .  They also tend to have quite a bit of income producing real estate.   Make sure you meet with a financial advisory firm the specializes in high net worth clients.  I work for an independent RIA so I may be biased towards independent and fee-only firms but it seems like the best arrangement.  You pay a percentage of assets under management and get objective investment advice with no commissions.  For $18 mil anything over .50% as an advisory fee is a ripoff.  You all in investment cost should be less than 0.90%.   Also you should look into a high net worth insurance broker.  You current insurance salesman will be in way over his head.    Feel free to PM me with specific questions.  Also, if you want to hire my firm that would be great haha!"}
{"_id": "266493", "title": "", "text": "As a merchant I can tell you that the only thing the bank gets from me.  Is the total amount and a category for my business.  No detail, not ever."}
{"_id": "266495", "title": "", "text": "\"Nothing will happen under Republican rule.  They want all the money to go to billionaires that use some of it to fund the Republicans.  Hillary had plans for a number of programs; but the media made sure those never got mentioned above the din of \"\"what about her emails.\"\"  But I agree about living wages.  Add on publicly funded retraining programs and higher education and you have something.  After all every country with which we compete has free education both professional and technical.\""}
{"_id": "266508", "title": "", "text": "\"The simple answer for the so-called 'Rule of X' would be found by: In your case: Update:  If you want an approximation closer to the nominal \"\"Rule of 72\"\" value, use this equation that incorporates a better approximation for the natural log. The \"\"Rule of 72\"\" fits this for an interest rate of 7.79% for a growth multiple of 2: The rule of 72 comes from by approximating the natural logarithms as such: The 2 is the multiple of growth. The rate r here is not in percent, so to change to percent (say, R) you have to multiply by 100: The number 72 is often used because it is easier to divide evenly than 69.3 and is a better fit approximation for the natural log and common interest rates.  If you need more, you can find all this on Wikipedia: https://en.wikipedia.org/wiki/Rule_of_72#Derivation\""}
{"_id": "266516", "title": "", "text": "Every country has its own tax code.  Consult a professional in each country regarding income earned in that country. Anything else is speculation."}
{"_id": "266528", "title": "", "text": "You're only thinking very short term. Less people means less construction is needed since there's less demand. Less demand for goods means less goods are sold. So smaller profits in the longer term.  Why do you think there are more jobs and opportunity in New York than a place like Kansas?"}
{"_id": "266538", "title": "", "text": "[I thought you were channeling Michael Scott](https://m.youtube.com/watch?v=K5d5jxJ5vbM)  Bullshit and trolling aside, I honestly think he puts America first. I do not believe in lowering our standard of living to improve that of other countries. He is POTUS, not POTW."}
{"_id": "266553", "title": "", "text": "If you are searching for the best of best Bridal Makeup In Navi Mumbai then contact with Manali Beauty Spa which offers Diploma certificate Training Course, Certification of Pedicure training, Beauty Classes for Bridal dressing &amp; makeup by Expert Beautician. To know more read the full article."}
{"_id": "266567", "title": "", "text": "Let me offer an anecdote to this -  I started helping a woman, widowed, retired, who had been paying $500/yr to get her taxes done. As I mentioned in my comment here, she got a checklist each year and provided the info requested. From where I sat, it seemed a clerk entered the info into tax software.  As part of the transition to me helping her, I asked the prior guy (very nice guy, really) for a quick consult. She took the standard deduction, but also showed a nice annual donation. Didn't take advantage of the QCD, donate directly from an IRA (she was over 70-1/2) to save on the tax of this sum. That could have saved her $500.  She was in the 15% bracket, with some room left for a Roth conversion. Converting just enough to 'fill' that bracket each year seemed a decent strategy as it would avoid the 25% rate as her RMDs rose each year and would push her to 25%. To both items the guy suggested that this was not his area, he was not a financial planner. Yes, I understand different expertise. With how simple her return was, I didn't understand the value he added.  If you go with a professional, be sure you have an understanding of what he will and won't do for you."}
{"_id": "266586", "title": "", "text": "These new block chain coins with their smart contracts seem to be heading in that direction but I'd like someone to walk me through how two or more people with varying amounts of contributions to the organization can keep it all organized.  One partner contributes money while the other contributes time and assets. How do you determine a value of each persons contribution?  Do you convert each persons contributions to shares or coins?"}
{"_id": "266600", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Inside Gwyneth Paltrow\u2019s GOOP Wellness Summit (HBO) Description | For years, Gwyneth Paltrow was the all-American movie star who everyone loved. Then she became the lifestyle maven who everyone loved to hate.   In 2008, Paltrow founded Goop, a wellness empire that centers around beauty tips, being your best self, and having lots of disposable income. It\u2019s not everyone\u2019s cup of anti-oxidant tea. But there are now enough die-hard Goopers to fill the brand\u2019s first-ever Wellness Summit. It sold out in weeks. And VICE News got a ticket.   Subscribe to VICE News her... Length | 0:04:22           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "266613", "title": "", "text": "The stockholders of company A vote to approve or disapprove the buy out. That is the only control you have on the price: Vote to approve or disapprove.  If the deal is approved then you get the money, or stock in B, or both, in accordance with the terms of the deal. It will arrive into your account automatically."}
{"_id": "266629", "title": "", "text": "\"To some extent, I suppose, most people are okay with paying Some taxes. But, as they teach in Intro to Economics, \"\"Decisions are made on the margin\"\". Few are honestly expecting to get away with paying no taxes at all. They are instead concerned about how much they spend on taxes, and how effectively. The classic defense of taxes says \"\"Roads and national defense and education and fire safety are all important.\"\" This is not really the problem that people have with taxes. People have problems with gigantic ongoing infrastructure boondoggles that cost many times what they were projected to cost (a la Boston's Big Dig) while the city streets aren't properly paved. People don't have big problems with a city-run garbage service; they have problems with the garbagemen who get six-figure salaries plus a guaranteed union-protected job for life and a defined-benefit pension plan which they don't contribute a penny to (and likewise for their health plans). People don't have a big problem with paying for schools; they have a big problem with paying more than twice the national average for schools and still ending up with miserable schools (New Jersey). People have a problem when the government issues bonds, invests the money in the stock market for the public employee pension plan, projects a 10% annual return, contractually guarantees it to the employees, and then puts the taxpayers on the hook when the Dow ends up at 11,000 instead of ~25,000 (California). And people have a problem with the attitude that when they don't pay taxes they're basically stealing that money, or that tax cuts are morally equivalent to a handout, and the insinuation that they're terrible people for trying to keep some of their money from the government.\""}
{"_id": "266646", "title": "", "text": "It's more about ending the policy of perpetually low interest rates, which makes borrowing/debt artificially cheap for the private sector. Higher interest rates will encourage savings and thus a rebuilding of capital for wealth generation. The effects would not be immediate but would have a better end result.  Federal savings could help the economy too if taxes were lowered correspondingly. Or even if taxes weren't lowered and the government didn't borrow as much from the fed, the money supply would increase less and prices would be lower than they otherwise would, increasing the purchasing power and therefore the wealth of the citizenry."}
{"_id": "266649", "title": "", "text": "The simple answer is that you are correct. You should not purchase a house until you are financially stable enough to do so. A house is an asset that you must maintain, and it can be expensive to do so.  Over the long term, you will generally save money by purchasing. However, in any given year you may spend much more money than a similar rental situation - even if the rent is higher than your mortgage payment. If you are financially stable with good cash savings or investments plus a 20% down payment, then anytime is a good time to buy if that is part of your financial plan. As of now in 2016, is is safe to assume that mortgage rates   would/should not get back to 10%?   Does this mean that one should always buy a house ONLy when mortgage   rates are low? Is it worth the wait IF the rates are high right now? The mortgage rates are not the primary driver for your purchase decision. That might be like saying you should buy everything on sale at Target... because it's on sale. Don't speculate on future rates. Also, keep in mind that back when rates were high, banks were also giving much better savings/CD rates. That is all connected.  Is refinancing an option on the table, if I made a deal at a bad time   when rates are high? You need to make sure you get a loan that allows it. Always do a break-even analysis, looking at the money up-front you spend to refi vs the savings-per-year you will get. This should give you how many years until the refi pays for itself. If you don't plan on being in the house that long, don't do it. How can people afford 10% mortgage? Buying a house they can afford, taking into consideration the entire payment+interest. It should be a reasonable amount of your monthly income - generally 25% or less. Note that this is much less than you will be 'approved' for by most lenders.  Don't let good rates suck you into a deal you will regret. Make sure you have the margin to purchase and maintain a home. Consider where you want to be living in 5 years. Don't leave so little financial breathing room that any bump will place you at risk of foreclosure.  That said, home ownership is great! I highly recommend it."}
{"_id": "266659", "title": "", "text": "If you are planning to get new cards, it is probably best to open the accounts as soon as possible to start establishing a history of good credit use. You might also wish to open multiple accounts so that future lines will have less of an impact on your average age of open credit lines. Since you will probably have higher interest rates it is also advisable never to carry a balance on any of your newly acquired cards. This will prevent a recurrence of the problems you are now trying to recover from."}
{"_id": "266672", "title": "", "text": "Without reading the source, from your description it seems that the author believes that this particular company was undervalued in the marketplace. It seems that investors were blinded by a small dividend, without considering the actual value of the company they were owners of. Remember that a shareholder has the right to their proportion of the company's net value, and that amount will be distributed both (a) in the form of dividends and (b) on liquidation of the company.  Theoretically, EPS is an indication of how much value an investor's single share has increased by in the year [of course this is not accurate, because accounting income does not directly correlate with company value increase, but it is a good indicator]. This means in this example that each share had a return of $10, of which the investors only received $1. The remainder sat in the company for further investment. Considering that liquidation may never happen, particularly within the time-frame that a particular investor wants to hold a share, some investors may undervalue share return that does not come in the form of a dividend. This may or may not be legitimate, because if the company reinvests its profits in poorer performing projects, the investors would have been better off getting the dividend immediately. However some value does need to be given to the non-dividend ownership of the company. It seems the author believes that investors failing to consider value of the non-dividend part of the corporation's shares in question led to an undervaluation of the company's shares in the market."}
{"_id": "266686", "title": "", "text": "Iamthewalrus is saying that longer commercials can just have longer quiet periods to bring down the average of your loud parts. Short commercials can't do this. I think the point is average is an imperfect measure because it doesn't capture the really loud parts.   The main standard for normalizing the volume of music, ReplayGain, uses the 95th percentile of loudness - in other words, it looks at some of the loudest parts of a song/commercial to decide how loud it sounds to us. Empirical testing shows that we do indeed perceive loudness like this.  More information:  http://wiki.hydrogenaudio.org/index.php?title=ReplayGain_specification#Statistical_processing"}
{"_id": "266706", "title": "", "text": "I would recommend reading Intelligent Investor first. It was written slightly more recently (1949) than Security Analysis (1934). More important is that a recently revised edition* of Intelligent Investor was published. The preface and appendix were written by Warren Buffett. Intelligent Investor is more practical as an introduction for a novice. You may decide not to read Security Analysis at all, as it seems more like an academic text or professional's guide i.e. for accounting. Benjamin Graham's Intelligent Investor remains relevant. It is used, successfully, as a guide for value investing, despite the hysteria of market sentiment and day-to-day variations, even extreme volatility. For example, I just read a nice article about applying the value investing principles extolled in Intelligent Investor a few weeks ago. It was written in the context of current markets, which is amazing, to be so applicable, despite the passage of decades. For reference, you might want to glance at this book review (published in March 2010!) of the original 1934 edition of Security Analysis.     * The URL links to a one-paragraph summary by U.S. News & World Report. It does not link to a book sales website!"}
{"_id": "266711", "title": "", "text": "Egpay India Private Ltd. Represents One Sim All Recharge Egpay India now come with a big surprise in small package that has lead foundation to new IT services. One SIM all recharge provides a single point mobile recharge facility with an ease of single touch that offering distributors and retailers with prepaid recharge and postpaid bill payment services for  mobile, All DTH and Datacard of all leading providers across India. One SIM all recharge mark the beginning of efficient relationship between providers and end-user. With this productive and easy-to-use technology, there is high degree of transparency, monitoring, management and instant dealings in real time.  We provide forefront services to facilitates: \u2022 Prepaid and postpaid recharge for all major network companies \u2022 DTH recharge services \u2022 Datacard recharge services for all prima operators  Key advantages of single SIM recharge service :  \u2022 Available for Master Distributors/ Distributors/ Retailers &amp; new entrepreneurs: It gives control mechanism to view all transactions hierarchy. One SIM All recharge helps to retailers in daily operations\u2019 to manage effectively without a significant level of monitoring.  \u2022 No need of special training: It is every easy to operate and use without any guidance, since every process is automatically managed by the software.  \u2022 Instant recharge and multiple recharge options: One SIM All recharge facility provide immediate recharge without facing any kind of delay and multiple recharge options on any mobile of all service provider after a single login authentication.  \u2022 Highly commission sharing system: This service provide different commission structure for each Retailer/Distributor on daily basis."}
{"_id": "266725", "title": "", "text": "\"And to answer your other questions about fees, there are a number of sites that compare brokers' fees, Google \"\"broker fee comparison\"\". I like the Motley Fool, although there are a lot of others. However, don't go just by the comparison sites, because they can be out-of-date and usually just have the basic fees. Once you find a broker that you like, go to that broker's site and get all the fees as of now. You can't sell the shares that are in your Charles Schwab account using some other broker. However, you can (possibly now, definitely eventually, see below) transfer the shares to another broker and then sell them there. But be aware that Charles Schwab might charge you a fee to transfer the shares out, which will probably be larger than the fee they'll charge you to sell the shares, unless you're selling them a few at a time. For example, I have a Charles Schwab account through my previous employer and it's $9.99 commission to sell shares, but $50 to transfer them out. Note that your fees might be different even though we're both at Charles Schwab, because employers can negotiate individual deals. There should be somewhere on the site that has a fee schedule, but if you can't find it, send them a message or call them. One final thing to be aware of, shares you get from an employer often have restrictions on sale or transfer, or negative tax consequences on sale or transfer, that shares just bought on the open market wouldn't, so make sure you investigate that before doing anything with the shares.\""}
{"_id": "266740", "title": "", "text": "Interesting. In the past I've preferred Lyft because of the tipping option, which Uber only added recently. The reason was that tipping helped to prevent exploitation of the drivers. If you calculate their earnings after their expenses (including vehicle depreciation), you would see how little they make."}
{"_id": "266746", "title": "", "text": "\"Gosh this certainly won't drive piracy underground in some modern day version of an alcohol prohibition where bars were shut down. Perhaps this will be marvelously successful and nobody will ever pirate again. Certainly shutting down websites that are blindingly visible won't drive pirates to more creative and closer ties to the very organizations that are ACTUALLY committing physical crimes in what I will term \"\"realspace\"\". (see what I did there? realspace? reelspace? HEYYYOOOO!!)\""}
{"_id": "266767", "title": "", "text": "Yes, there is a delay between when you buy a stock and when you actually take ownership of it.  This is called the settlement period. The settlement period for US equities is T+2 (other markets have different settlement periods), meaning you don't actually become a shareholder of record until 2 business days after you buy.  Conversely, you don't stop being a shareholder of record until 2 business days after you sell. Presumably at some point in the (far) future all public markets will move to same-day changes of ownership, at which point companies will stop making announcements of the form all shareholders of record as of September 22nd and will switch to announcements of the form all shareholders of record as of September 22nd at 13:00 UTC"}
{"_id": "266774", "title": "", "text": "The truth?  Most of the time that it was a crappy imitator of MAD, it was actually a mob front used to hide and launder money.  Management didn't care one bit about the content so long as it was turned in on time and seemed reasonably professional so as not to arouse suspicion (I knew someone who did some freelance work for them back in the day).  I suspect that is no longer the case."}
{"_id": "266783", "title": "", "text": "For the period 1950 to 2009, if you adjust the S&P 500 for inflation and account for dividends, the average annual return comes out to exactly 7.0%. Source. Currently inflation is around 2%.  So your 2% APY is a 0% real return where the stock market return is 7%.  I.e. on average, stocks have a return that is higher by 7.   If you mix in bonds, 70% stocks to 30% bonds, your real returns will drop to around 5.5%, but you are safer in individual years (bonds often have good years when stocks have bad years).   We're making a bit of a false dichotomy here.  We're talking about returns on stocks in retirement accounts versus returns on CDs in regular accounts.  You can buy stocks in regular accounts and it is legally possible to have a CD in a retirement account.  So you can get bankruptcy protection and tax advantages with a CD."}
{"_id": "266785", "title": "", "text": "\"You said your strategy was to put it into a index fund.  But then you asked about setting  stock limits.   I'm confused. Funds usually trade at their price at the end of the day, so you shouldn't try to time this at all. Just place your order. If you are buying ETFs, there is going to be so much volume on the market that your small trade is going to have no impact on the price. You should just place a market order. A market order is an order to buy or   sell a stock at the current market   price. A limit order is an order to buy or   sell a security at a specific price. In the US, when you place a trade with any broker, you can either place a limit order or a market order.  A market order just fills your order with the next best sellers in line.  If you place an order for 100 shares, the sellers willing to sell 100 shares at the lowest price will be matched with your order (sometimes you may get 50 shares at one price and 50 shares at a slightly different price).    If your stock has a lot of volatility and you place a market order for a small amount of shares,  you will get the best price. If you place a limit order, you specify the price at which you want to buy shares.  Your order will then only be filled with sellers willing to sell at that price or lower (i.e. they must be at least as good as you specified).  This means you could place an order at a limit that does not get filled (the stock could move in a direction away from your limit price).  If you really want to own the stock, you shouldn't use a limit order.  You shouldn't only use a limit order if you want to tell your broker \"\"I will only buy this stock at this price or better.\"\"  p.s. Every day that passes is NOT a waste.  It's just a day that you've decided investing in cash is safer than investing in the market.\""}
{"_id": "266812", "title": "", "text": "Shorting penny stocks is very risky.  For example, read this investopedia article, which explains some of the problems.  In general: If you have some sort of method for perfectly identifying Pump and Dump schemes, it's possible you could make money if you time things right, but that timing is going to be very difficult to identify."}
{"_id": "266820", "title": "", "text": "\"I'm not so sure the insider / outsider distinction is the best one, although it does have its uses - for example, if an organization has stagnated, you might not want business as usual, someone stuck in groupthink, and a devotee of the stagnant religion. On the other hand, bringing in an outsider doesn't necessarily mean change - they may be just as much of a devotee of the same religion that made the organization stagnant in the first place.  Personally I wouldn't say there was a definitive Ballmer era though. People regularly change their own tactics and approaches, and I think Ballmer \"\"saw the light\"\" towards the end of his term with respect to One Microsoft - or at least it was one major conversion among a series of as yet uncompleted ones. I think Satya continued much of that in his own way - much like two restaurants can both be French, but still be quite distinct from one another.  But if even early Ballmer can be different from late Ballmer, the important thing is probably more about how much change is happening, and whether it is the right change...\""}
{"_id": "266822", "title": "", "text": "Would you like me to add fake experiences or to throw assumptions into my evaluation? If someone has one experience with a company, that is all they have to base their opinion off of. I'm not sure how a lack of abundant personal preference subdues the value of the anecdote as a whole. Also, I haven't ever used either, I would not pay for a ride when I can always provide it myself or a find a free one. I'm referring to which I'd rather be employed by."}
{"_id": "266823", "title": "", "text": "\"&gt;drive around in a dangerous fucking forklift  You sound like an idiot who has never been anywhere near a \"\"fucking forklift\"\".  Forklifts are responsible for 85 deaths per year, which is less than the number of deaths by [sunbeds](http://www.dailymail.co.uk/health/article-198104/Sunbeds-blamed-100-deaths-year.html), [icicles](http://www.oddee.com/item_98002.aspx), or [pen caps](http://www.omg-facts.com/Other/Pen-caps-cause-100-deaths-a-year/51065?id=51065&amp;c_val=3).  Don't even start with the number of deaths caused per year by extension cords.  Who knows what terrible, dangerous, and subversive acts they take part in during the day.  I bet they even speak to one another with positive words during working hours!!!  You are either a terrible troll or very ignorant.  Either way, stop.  Just stop.\""}
{"_id": "266825", "title": "", "text": "\"Children are luxuries. You should not be able to claim $100,000 is middle class *\"\"because I have 3 kids\"\"*. That's like saying *\"\"Yeah I have $20 million but I have 4 mansions on mortgages plus 2 yachts to make payments on! Those things eat up all my income!  I'm poor!\"\"*\""}
{"_id": "266826", "title": "", "text": "Converting fideli comment to answer I don't think any Canadian bank offers this capability for online banking. However, there seems to be a fierce push right now at most banks to improve their online banking platform so they may be open to the suggestion of guest accounts"}
{"_id": "266834", "title": "", "text": "Since looking for a reliable conveyancer is not easy, it will surely cost you a lot of time and money. By availing of the services of Conveyancing Index, you can avoid wasting both of them. By using the quote generator on their website, https://www.conveyancingindex.co.uk/, you can instantly receive quotations from various conveyancers in your area. This way, you don\u2019t have to call countless conveyancers anymore. Avail of their services today!"}
{"_id": "266836", "title": "", "text": "**Federal Reserve System: Member banks**  A member bank is a private institution and owns stock in its regional Federal Reserve Bank. All nationally chartered banks hold stock in one of the Federal Reserve Banks. State chartered banks may choose to be members (and hold stock in their regional Federal Reserve bank), upon meeting certain standards. The amount of stock a member bank must own is equal to 3% of its combined capital and surplus.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot/)   ^] ^Downvote ^to ^remove ^| ^v0.22"}
{"_id": "266839", "title": "", "text": "I assume you're informed and not an idiot until you give me a reason to suspect otherwise. Espousing the same or similar nonsense as a group of predominantly uninformed and idiotic people counts as a reason. There's no redeeming silver lining in that perception. I figured I would mention the perception you're giving because it completely undermines the persuasiveness of any point you're trying to make, regardless of how valid your point might be, by affecting your ethos in a detrimental way."}
{"_id": "266840", "title": "", "text": "The easiest options appear to be to open an account with one of the large multinational banks like Citi. They have options such as opening two separate checking accounts, one in each currency, and Citi in particular has an international account that appears to make mutli-currency personal banking easier. All of the options have minimum balance requirements or fees for conversion, but if you need quick access this seems to be the best bet. Even if this is a one-time event and you don't need the account, a bank like Citi may be able to help you cash the check and get access to the funds quicker than a national or local bank. http://www.citibank.com/ipb-global/homepage/newsite/content/english/multi_cap_bank_depo.htm Alternatively if you know anyone with a US bank account you can deposit it with them and take the cash withdrawal from their account, assuming they agree, the check isn't too large, etc."}
{"_id": "266848", "title": "", "text": "\"I compared investing in real estate a few years ago to investing in stocks that paid double digit dividends (hard to find, however, managing and maintaining real estate is just as hard).  After discussing with many in the real estate world, I counted the average and learned that most averaged about 6 - 8% on real estate after taxes.  This does not include anything else like Dilip mentions (maintenance, insurance, etc).  For those who want to avoid that route, you can buy some companies that invest in real estate or REIT funds like Dilip mentions.  However, they are also susceptible to the problems mentioned above this. In terms of other investment opportunities like stocks or funds, think about businesses that will always be around and will always be needed.  We won't outgrow our need for real estate, but we won't outgrow our need for food or tangible goods either.  You can diversify into these companies along with real estate or buy a general mutual fund. Finally, one of your best investments is your career field - software.  Do some extra work on the side and see if you can get an adviser position at a start-up (it's actually not that hard and it will help you build your skill set) or create a site which generates passive revenue (again, not that hard).  One software engineer told me a few years ago that the stock market is a relic of the past and the new passive income would be generated by businesses that had tools which did all the work through automation (think of a smart phone application that you build once, yet continues to generate revenue).  This was right before the crash, and after it, everyone talked about another \"\"lost decade.\"\"  While it does require extra work initially, like all things software related, you'll be discovering tools in programming that you can use again and again in other applications - meaning your first one may be the most difficult. All it takes in this case is one really good idea ...\""}
{"_id": "266856", "title": "", "text": "Mecha's comment was intended to make readers discount Gate's view on the subject, with a sort of reverse-appeal-to-authority move.  It's possible that Gates knows more about economics than many economists. Mecha is, without further information, in the same situation regarding Gate's credentials. Mecha is no trained expert on Gates, so we should discount *his* comment intended to make us discount Gate's comment."}
{"_id": "266869", "title": "", "text": "I have comcast and hate their guts. From the time they bought the local cable system a couple of years ago they have raised prices at least 10% a year and at the same time cut 2-4 channels every year. Now they want customers to get a bunch of new equipment, which they claim is free, like the cable modem was free until one month they started charging extra for it every month. I'm not paying any more for their crap.   I've let go of everything but the local channels and tomorrow or the next day it will take MORE equipment to even get those. But I've ordered the equipment necessary to get channels off the air.   Then once they start messing with my internet I'll try AT&amp;T and satellite internet or even go back to dialup.   Cause I'm not paying MORE for less, not paying MORE for crap. Hell, half of what you pay is for sports and I never watch sports.   I felt sorry when so many good newspapers started going under. But I feel no sympathy at all for comcast. They are like the Bank of America of cable TV. When they die people will cheer.   TV is run by greedy people. I remember when cable started. There were no ads. They made their money from cable subscriptions. Then they decided they wanted MORE money than that and added ads. They can make plenty of money without ads. But there is no end to their greed. So screw them."}
{"_id": "266879", "title": "", "text": "\"I find it kind of curious that Bitcoin is touted as a currency, but you never see this stated symmetrically as \"\"the dollar (and all other actual currencies) plummeted to below B0.00025.  Maybe because everyone would realize that this would sound completely silly, as none of us in the real economy noticed it.\""}
{"_id": "266880", "title": "", "text": "[Image](https://imgs.xkcd.com/comics/impostor.png)  [Mobile](https://m.xkcd.com/451/)  **Title:** Impostor  **Title-text:** If you think this is too hard on literary criticism, read the Wikipedia article on deconstruction\\.  [Comic Explanation](https://www.explainxkcd.com/wiki/index.php/451#Explanation)  **Stats:** This comic has been referenced 237 times, representing 0.1445% of referenced xkcds.  --- ^[xkcd.com](https://www.xkcd.com) ^| ^[xkcd\u00a0sub](https://www.reddit.com/r/xkcd/) ^| ^[Problems/Bugs?](https://www.reddit.com/r/xkcd_transcriber/) ^| ^[Statistics](http://xkcdref.info/statistics/) ^| ^[Stop\u00a0Replying](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=ignore%20me&amp;message=ignore%20me) ^| ^[Delete](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=delete&amp;message=delete%20t1_dkmt1yy)"}
{"_id": "266894", "title": "", "text": "An arcade with all the audio clips to-recorded to make fun of you, with all our machines running on pure settings.   A gym where, for an extra charge, you can live out the *Street Fighter* bonus stages and receive a complimentary ripped up gi and a red headband."}
{"_id": "266898", "title": "", "text": "Capital losses do mirror capital gains within their holding periods. An asset or investment this is certainly held for a year into the day or less, and sold at a loss, will create a short-term capital loss. A sale of any asset held for over a year to your day, and sold at a loss, will create a loss that is long-term. When capital gains and losses are reported from the tax return, the taxpayer must first categorize all gains and losses between long and short term, and then aggregate the sum total amounts for every single regarding the four categories. Then the gains that are long-term losses are netted against each other, therefore the same is done for short-term gains and losses. Then your net gain that is long-term loss is netted against the net short-term gain or loss. This final net number is then reported on Form 1040. Example Frank has the following gains and losses from his stock trading for the year: Short-term gains - $6,000 Long-term gains - $4,000 Short-term losses - $2,000 Long-term losses - $5,000 Net short-term gain/loss - $4,000 ST gain ($6,000 ST gain - $2,000 ST loss) Net long-term gain/loss - $1,000 LT loss ($4,000 LT gain - $5,000 LT loss) Final net gain/loss - $3,000 short-term gain ($4,000 ST gain - $1,000 LT loss)   Again, Frank can only deduct $3,000 of final net short- or long-term losses against other types of income for that year and must carry forward any remaining balance."}
{"_id": "266900", "title": "", "text": "\"The margin money you put up to fund a short position ($6000 in the example given) is simply a \"\"good faith\"\" deposit that is required by the broker in order to show that you are acting in good faith and fully intend to meet any potential losses that may occur.  This margin is normally called initial margin.  It is not an accounting item, meaning it is not debited from you cash account.  Rather, the broker simply segregates these funds so that you may not use them to fund other trading.  When you settle your position these funds are released from segregation.   In addition, there is a second type of margin, called variation margin, which must be maintained while holding a short position.  The variation margin is simply the running profit or loss being incurred on the short position.  In you example, if you sold 200 shares at $20 and the price went to $21, then your variation margin would be a debit of $200, while if the price went to $19, the variation margin would be a credit of $200.   The variation margin will be netted with the initial margin to give the total margin requirement ($6000 in this example).  Margin requirements are computed at the close of business on each trading day.  If you are showing a loss of $200 on the variation margin, then you will be required to put up an additional $200 of margin money in order to maintain the $6000 margin requirement - ($6000 - $200 = $5800, so you must add $200 to maintain $6000).  If you are showing a profit of $200, then $200 will be released from segregation - ($6000 + $200 = $6200, so $200 will be release from segregation leaving $6000 as required). When you settle your short position by buying back the shares, the margin monies will be release from segregation and the ledger postings to you cash account will be made according to whether you have made a profit or a loss.  So if you made a loss of $200 on the trade, then your account will be debited for $200 plus any applicable commissions.  If you made a profit of $200 on the trade then your account will be credited with $200 and debited with any applicable commissions.\""}
{"_id": "266907", "title": "", "text": "You have several options: If they refuse the second option, and the incident has already happened look on the HSA website for the form and procedure to return a mistaken distribution. I have used the two options with all our medical providers for the last 3 years. Some preferred option1, some preferred option 2, but none refused both. One almost did, but then reconsidered when they realized I was serious. While there is an April 15th deadline to resolve the mistake, I have found that by requesting the provider accept one of the two options the number of mistakes is greatly reduced."}
{"_id": "266927", "title": "", "text": "To be honest, one specific accessory that a lot of women\u2019s have into account as an essential is the Prada nylon bag. In reality, there is this type of demand for female designer bags in the outlet that the assortments consistently raise. Indeed, as each and every latest year starts there\u2019re tons of latest models of woman bags available."}
{"_id": "266940", "title": "", "text": "You bring to the table credit to glass blowers who are more specific in their forte. Hand-blown pieces cost more in a context of the exertion is given to their creation. You will esteem understanding that the extra you pay won't go to squander; hand-left behind and broad novel, so you won't need to stress over challenging a man having a relative glass pipe as you. You ought to consider this part when you purchase online glass channels."}
{"_id": "266944", "title": "", "text": "\"Yes, I agree with you. Saying that the value of the stock will grow as the company grows and acquires more assets ... I don't see why. Okay, I'm a nice guy and I want to see other people do well, but what do I care how much money they're making if they're not giving any of it to ME?  Frankly I think it's like people who buy commemorative plates or beanie babies or other \"\"collectibles\"\" as an investment. As long as others are also buying them as an investment, and buying and reselling at a profit, the value will continue to go up. But one day people say, Wait, is this little stuffed toy really worth $10,000? and the balloon bursts. Confer Dutch tulips: http://www.damninteresting.com/the-dutch-tulip-bubble-of-1637/ As I see it, what gives a non-dividend-paying stock value is mostly the expectation that at some time in the future it will pay dividends. This is especially true of new start-up companies. As you mentioned, there's also the possibility of a takeover. It wouldn't have to be a hostile takeover, any takeover would do. At that point the buying company either buys the stock or exchanges it for shares of their own. In the first case you now have cash for your investment and in the second case you now have stock in a dividend-paying company -- or in another non-dividend-paying company and you start the cycle over.\""}
{"_id": "266952", "title": "", "text": "\"As a rule of thumb, go in the order of proximity to the transaction. This would typically mean: Side note: I own a website that provides an online service that accepts PayPal and credit cards (via PayPal), and I personally have experience with all 3 of the above options. I can tell you from the merchant's point of view that I would also prefer the same order. I've had people contact my customer service department asking for a refund and we always immediately comply. Some people never contact us and just file a dispute directly with PayPal, and although refunding through the PayPal dispute is just as easy as refunding directly, it always makes me ask, \"\"Why didn't they just contact us first?\"\" One time we had a customer skip us and PayPal, and filed a dispute directly with their Credit Card. The CC company contacted PayPal and PayPal contacted us. The process was the same from my point of view, I just clicked a button saying issue refund. But my $5 refund cost me an additional $20 due to the CC dispute. Now that I know this I will never approve a CC dispute again. Anytime one happens I would just issue a refund directly, and then notify the dispute that their CC has already been refunded, which should end the dispute.\""}
{"_id": "266965", "title": "", "text": "\"This is some bullshit \"\"news\"\" site. Registered to a Svilen Petrov. With \"\"authors\"\" from an unincorporated town in Mississippi and Arizona. You can assume this is not a legitimate source when they have sentences like this: &gt;Earlier, Trump many time criticized Amazon\""}
{"_id": "266980", "title": "", "text": "&gt;You know how your cell phone battery gets shittier and shittier over time until you either get a new phone or buy a new battery? Well the same thing will happen to your car.  Uh, a lot has changed since the 90s, buddy. Batteries last many times longer than they used to.   &gt;And what will we do with the old one that's full of toxic chemicals?  Like we do with all batteries? Recycle? Since they're something like +90% recyclable?"}
{"_id": "266984", "title": "", "text": "\"&gt;We were on the \"\"gold standard\"\" in name only since about 1910.  There a few nuances behind the \"\"gold standard\"\" but all revolve around indebtedness and currency devaluation.   The US actually started off in 1785 with a Silver standard. By the turn of the 18th century there was a fixed ratio of silver and gold to dollars. Silver was not required to back all of the currency, gold was used as well.   This bi-metallic standard continued until 1920s. Gold and Silver were legal tender.   The US treasury was on a strict hard-money standard. Doing business in only gold and silver until 1848 which seperated the Federal Government from the banking system. It was only after this move the federal government started the devaluation/overvaluation of silver in order to \"\"borrow\"\" from England. Silver came in, Gold came out. This also largely catalyzed the 1849 Gold Rush.   Then in 1853 the US started reducing the weight of silver coins. In 1857 banks suspended payment in Silver.  But the basic weakness in a gold standard started with GOVERNMENT wanting to manipulate value to unfairly skew debt/loan situations.   &gt;There was not enough gold to remotely back the US currency  This is not true. US currency did just fine, and as governments print, so too do prices go up. So if there is only 50 Billion currency units in existance and eggs cost 10 cents (as they did for previous decades), when the federal government prints its way to trillions thats where we end up with eggs costing 2-3 bucks. That's why your grandparents house cost 6,000 and ones today cost 600,000.   &gt;which is why during the great depression when people started wanting to turn their cash back in to gold there was no enough  No, they turned back to gold because of the devaluation of the dollar. If the dollar was falling as it is today, why would you want to keep your assets in dollars? Gold cannot be printed at whim, this is one of the most important factors. It forces government to be much more strict with debt. If taxpayers were faced with higher taxes or devaluation to pay for the current Iraq/Afganistan wars, would it have happened? No, but since the government could print money at whim, it served as an invisible tax.   &gt;and gold possession had to be outlawed   It was outlawed because as the dollar plummeted and gold was eventually made illegal, the value of gold doubled and rapidly increased overnight, this happened again in 1970 when nixon took us off the gold standard. Gold posession was made illegal to prevent \"\"hoarders and opportunists\"\". You make it sound like gold redemption is a bad thing, when really its the government being naughty and citizens simply playing the game and by the rules set up by the government.   &gt;So no, we were not on a gold standard.  Yeah I never said we were. But there is a very important  reason we once were, so government couldnt devalue currency to rack up more debt. (A HUGE issue that has now played out to its logical conclusion, maximum indebtedness mixed with massive mechanisms for manipulation)  &gt;Secondly, when you're on a (any fixed item) standard, your economy only can grow at roughly the rate you fond more of the (fixed item).   Is that why the US did just fine between 1780 and 1913? Over a hundred years. The cost of many items was stable for DECADES. Nowadays we have a doubling effect with cars costing 4,000 in 1970, 26,000 in 2000, 45,000 in 2012. The same with houses, food, education, medical services, you name it.  &gt;There are many reasons for this, and it is partially why for thousands of years of various gold standard there was so little economic growth. Once countries stopped limiting the amount of total economic growth to the amount of gold they could dig up, that economies were able to grow at the sustained rate they have for the past 200ish years.  Wrong again, this is because of productivity from technology and invention, oil, electricity, automobiles, airplanes and eventually computers. Infact as I said above, fiat currency actually kills productivity.   Its hard to compare the turn of the century, but we can see what happened after nixon took us off the gold standard here:   http://azizonomics.files.wordpress.com/2012/06/tfp.jpeg  as soon as the USA left the gold exchange standard,  total factor productivity began to dramatically stagnate.  1.Leaving the gold exchange standard was a free lunch for policymakers: GDP growth could be achieved without any real gains in productivity, or efficiency, or in infrastructure, but instead by just pumping money into the system.  2.Leaving the gold exchange standard was a free lunch for businesses: revenue growth could be achieved without any real gains in productivity, or efficiency.  &gt;So, besides the fact that the US has not in modern history been backed by gold, despite the name, there is ample evidence from hundreds of economies and thousands of years that being on a gold standard = little or no economic growth.  Since nixon took us off the gold standard in terms of dollar connection in anyway to gold the value of the dollar has plummeted 70%. Its over 95% if you go back to the early 1900s and currency debasement.   There was plenty of economic growth while we were on the gold standard and to say otherwise is simply false.\""}
{"_id": "266985", "title": "", "text": "After over a hundred years, there should be no doubt whatsoever in anybody's mind that Doyle's works are public domain.  It shouldn't have had to go to court.  Copyright terms are so long and can be renewed so many times that it's perfectly reasonable to assume that some 125 year old copyright is still valid."}
{"_id": "267010", "title": "", "text": "\"The math on this only works if the workers who are \"\"choosing no income at all\"\" are being paid by something else.  In first world countries, humans cannot live (eat food or sleep in a bed, etc) without some sort of money.  The only question is - what else is paying them?  Government programs, friends, family support?\""}
{"_id": "267043", "title": "", "text": "Politics aside, you also have to factor in working conditions and the fact that those folks are actually NEEDED in a lot of cases. Automated toll booths aren't free, and they need to be maintained. If you aren't paying someone a living wage they're going to find something else. I don't see the problem with compensating someone based partially on years of service and hazard pay (ie freezing cold or intense heat)"}
{"_id": "267059", "title": "", "text": "http://dealbook.nytimes.com/2014/12/13/small-bank-in-kansas-is-a-financial-testing-ground/ Citizens Bank of Weir might allow you to do this, their experimentation in speeding up bank transfers was pushing money over the debit card network."}
{"_id": "267067", "title": "", "text": "In the US this is considered a sale, and the proceeds will be taxed as if you've sold the stocks in any other way. The decision about the treatment (capital, ordinary, etc) is dependent on what kind of stock that is, how you acquired it, how long have you held it, etc. If it is a regular stock that you bought as an investment and held it for more than a year - then it will likely to be a capital gain treatment. However, this is only relevant for the US taxation. Since you're a UK person, you should also check how it is handled in the UK, which may or may not be different."}
{"_id": "267068", "title": "", "text": "\"Basically what @littleadv said, but let me amplify what I think is the most important point. As he/she says, one thing you're paying them for is their expertise. If the title on record at the county office had a legal flaw in it, would you recognize it? In a way your question is like asking, Why should I go to a doctor when I could just make my own medicine out of herbs I grow in my garden and treat myself? Maybe you could. But the doctor and the pharmacist have years of training on how to do this right. You probably don't. Is it possible for you to learn everything you need to do it right? Sure. But do you want to spend the time to study all that for something that you will do -- buy a house -- maybe once every ten years? Will you remember it all next time or have to learn it all over? But really most important is, title companies offer insurance in case the title turns out to be flawed. That, to me, is the big reason why I would use a title company even if I was paying cash and there was no bank involved to insist on it. If there's some legal flaw in the title and it turns out that someone else has a claim to my house, and I lose in court, I would be out about $100,000. Your house might be costing you much more. That's a huge risk to take. Paying the couple of hundred dollars for insurance against that risk seems well worth it to me. And by the way, I don't think the \"\"due diligence\"\" is easy. It's NOT just a matter of making sure a title is really on file at the court house and has the proper stamp on it. It's all about, Does someone else have a legal claim to this property? Like, maybe three owners ago someone forged a signature on a deed, so the sale is fraudulent, and now the person who was defrauded or his heirs discover the issue and claim the property. Or maybe the previous owner failed to pay a contractor who did repairs on the house, and now he goes to court and gets a lien on the property. It's unlikely that you have the expertise to recognize a forged document. You almost surely have no way to recognize a forged signature of someone you never met on an otherwise valid-looking document. And you'd have to do a lot of research to find every contractor who ever worked on the house and insure none of them have a claim. Etc.\""}
{"_id": "267070", "title": "", "text": "\"Seems like you could shoehorn this into an investment account. You make purchases similar to what you would make in a money market account ($1 per share) via your premium payments. You see appreciation in those shares. You incur expenses on your \"\"purchases\"\" via cost of insurance and possibly monthly payment fees.\""}
{"_id": "267076", "title": "", "text": "You seem to be addressing an argument I'm not making.  If people think they have their life together and can easily handle the massive responsibility of bringing children into the world and caring for them... by all means go ahead and do it.  Just don't ask me to pay for it when I'm still trying to prepare my life to be ready for children."}
{"_id": "267079", "title": "", "text": "Of course it does. There's a huge difference in 70% pre-pay, and 100% for 75 YEARS pre-pay. They've been in the red because of it, but the fact that it's ONLY a billion here, a few there is hella impressive. USPS is a great institution overall, and moves insane amount of packages/mail worldwide."}
{"_id": "267111", "title": "", "text": "There's one huge difference. Generally speaking, the entire burden of paying VAT is intended to be placed upon end consumers, and not upon businesses themselves.  So ditching corporation tax and increasing VAT would mean shifting a huge amount of the tax burden from corporations to every-day people. Such a policy could kill the party that attempted to push it."}
{"_id": "267113", "title": "", "text": "The nature of options requires you to understand that they are essentially a bet. In one sense, so is investing in stocks. We imagine a bell curve (first mistake) with a median return at 10%/yr and a standard deviation of about 14%. Then we say that odds are that over some period of time a monte-carlo simulation can give us the picture of the likely returns.  Now, when you buy short term options, say one month or so, you are hoping the outcome is a rise in price that will yield some pretty high return, right?  There was a time I noticed a particular stock would move a large percent based on earnings. And earnings were a day before options expiration. So I'd buy the call that was just out of the money and if the surprise was up, I'd make 3-4X my money. But I was always prepared to lose it all and often did. I never called this investing.  I know of no recovery strategy. Sorry."}
{"_id": "267119", "title": "", "text": "I'd look at VXX, I believe it closely tracks what you are looking to do. http://www.ipathetn.com/product/VXX/ However, as already noted in other responses, this isn't trading VIX itself (in fact it is impossible to do so).  Instead, this ETF gives exposure to short-term SP500 futures contracts, which in theory should be very correlated to market volatility."}
{"_id": "267121", "title": "", "text": "Kids and retired people  generally pick the mall as a safe bet for a hangout space. I would wager most of the purchases being made at malls these days consist primarily of:  * kids buying food, clothes, trinkets  * retired folk buying coffee, home sundries, walking for exercise  * holiday / shopping moms (back to school, xmas, birthday, girls day, etc)  * The straggler husband looking for jewelry in one of the jewelry stores that malls always seem to have dozens of  Business still need to pay rent even if they aren't making money, too."}
{"_id": "267128", "title": "", "text": "It will not affect your tax bracket so long as he files his taxes.   It will not affect your credit negatively so long as the joint account takes out no debts.  If it does take out debts, then someone would need to pay them to avoid negative credit.  Ideally debts should take signatures from both of you (ask the bank).   The IRS will not automatically assume that the only reason that two people might have a joint account is illegal activities.   If he withdraws money from the account in such a way to cause an overdraft, you might be responsible for it.  However, it sounds like he isn't supposed to be withdrawing money from that account.  So that's a potential problem but not a guaranteed problem.  Make sure that you have the power to close the account without him (so if you break up later, you can take your name off unilaterally).  Realize that you might have to pay a little to close the account if he overdraws it.  If possible, have the bank refuse overdrafts.   Consider a savings account rather than a checking account.  The rules may better fit what you want to do.  In particular, if you are limited to transfers, that's safer than checks.  Schedule a time to talk to someone at the bank about the account.  Ask them to leave plenty of time because you have questions.  Explain what you want and let them tell you how to structure the account."}
{"_id": "267129", "title": "", "text": "\"Its not a double major.  That is two separate degrees and they should be identified as such.  It is not called anything.  That is unless you are mistaken about the finance part being a \"\"master\"\". You are listed as undergrad student so I am slightly confused.\""}
{"_id": "267158", "title": "", "text": "\"The issues are larger than taxes.  If one of you receives the check, then breaks off 25% of it for themselves and sends three checks out to each of you that will be indicated on that person's taxes.  You three will then all recognize your portion of the income on your taxes and it's all settled.  It's no big deal, it's a bit rag-tag but it'll get the job done.  I've done little ad-hoc partnership work with people this way and it's not a problem. This is why you should really be more formal.  What if this entity contracting you guys sues you?  Who has the liability, if only one of you was paid?  What if the money is sent to one of you and that person dies before paying you?  What if you all get another client?  What if this contracting entity has another project?   The partnership needs to have the liability.  The partnership needs to receive the money.  The partnership needs to be named on whatever contract you all sign.  The partnership can be a straight partnership, or maybe the four of you take a 25% stake in an LLC or Inc arrangement.  Minimally, you should sit down with your partners so everyone knows everyone else's responsibilities, and you should write it all down.  It probably sounds like overkill, and I'm sure your partners are you buddies and \"\"we're tight and nothing bad could come between us.\"\"  I've done some partnership work with more than one friend, we've always been fine.  Some ventures are successful, some aren't; I'm still very good friends with all of them.  Writing things down manages expectations and when money starts moving around, everyone is happier when everyone has a solid expectation of who gets what.\""}
{"_id": "267174", "title": "", "text": "Look at the non-grocery store use of a single Whole Foods location. Amazon lockbox can be created for delivery holds of Amazon online orders that drives upscale foot traffic into the store. Standardize a few choices of meats then can compete as two hour shipping point of Plated meal prep alternative where can get other grocery items delivered at same time. Each WF location just became a food warehouse for Amazon with cold storage. Complex undertaking though Amazon is able to roll the dice."}
{"_id": "267176", "title": "", "text": "\"Individual product prices do not necessarily rise at inflation rates.  What inflation means is that the purchasing power of one unit of currency decreases by x% in a year, which is typically measured by looking at a broad spectrum of products in an economy and extrapolating to \"\"all products\"\".  So for all products across an economy, the aggregate price of all goods will, on average, be X% higher that they were this time last year.  Some products will be cheaper, some will be more expensive, but on average their prices will rise with inflation rates. For the other part of your question, inflation is an annualized percentage, so an inflation rate of 12% means prices are 12% higher than they were a year ago, so if you extrapolate that linear trend, prices will rise (again, on average) 1% in a month.\""}
{"_id": "267182", "title": "", "text": "\"I want to first state that I'm not an attorney and this is not a response that would be considered legal advice.  I'm going to assume this was a loan was made in the USA.  The OP didnt specify.   A typical auto loan has a borrower and a co-borrower or \"\"cosigner\"\".  The first signer on the contract is considered the \"\"primary\"\".  As to your question about a primary being a co-borrower my answer would be no.  Primary simply means first signer and you can't be a first signer and a co-borrower.  Both borrower and co-borrower, unless the contract specifies different, are equally responsible for the auto loan regardless if you're a borrower or a co-borrower (primary or not primary).     I'm not sure if there was a situation not specified that prompted the question.  Just remember that when you add a co-borrower their positive and negative financials are handled equally as the borrower.  So in some cases a co-borrower can make the loan not qualify.   (I worked for an auto finance company for 16 years)\""}
{"_id": "267204", "title": "", "text": "Okay, your point on near lowest in 40 years stands.  &gt; Also the numbers are skewed because in the 50's   So, demographics skewed it in the 50s (and 60s and 70s).  Okay.  What about current demographics?  We have the largest percentage of 65 &amp; up in the population.  Over 75% of this group is not in the labor force.    Do you believe that not having to work once you turn 65 is a sign of success?   Edit:  looks at user name.  Looks at time of reply.  User name checks out."}
{"_id": "267206", "title": "", "text": "\"The text of the Uniform Transfers to Minors Act states (Section 14, paragraph a): A custodian may deliver or pay to the minor or expend for the minor's benefit   so much of the custodial property as the custodian considers advisable for the use and benefit of   the minor, without court order and without regard to (i) the duty or ability of the custodian   personally or of any other person to support the minor, or (ii) any other income or property of the   minor which may be applicable or available for that purpose. Unfortunately, it is pretty hard to make the case that giving the money to her siblings is for the \"\"use and benefit\"\" of your daughter. However, when your daughter reaches the age of maturity, any money left in the UTMA account becomes hers.  She, at that time, could give money to her siblings, if she chooses.  Perhaps you and your father could talk to her about your father's wishes for this money, and that would show her that she should do so at that time. If you don't follow these rules, then your daughter or your father could sue you at any point in the future.\""}
{"_id": "267215", "title": "", "text": "The cost of Alzheimer's care depends on the facility that provides this care. Specialized facilities usually have higher costs than general geriatric care ones. Though there are several ways to cover the cost: I think you'd better read the article http://www.autumngrove.com/blog/how-to-pay-for-alzheimers-care/ or learn their brochure http://www.autumngrove.com/wp-content/uploads/cost-of-assisted-living.pdf"}
{"_id": "267227", "title": "", "text": "&gt; So your solution is take the all three away.  I never said that. Nice assumption though...  &gt; Take illegals, mexicans and potheads  No one said mexicans, I said illegals. Some of them may be mexican and other nationalities as well.     &gt; Who exactly do you plan to fill those jobs with? The homeless? Who are all felons and potheads.  We have too many applicants and not enough jobs. I'm talking about the US, not sure what country you're talking about. ***We have extremely high unemployement numbers.*** Just because we don't count people as unemployed once they aren't collecting benefits anymore doesn't mean they don't need or want a job. Plenty of people are underemployed as well.  Also, automation is going to replace millions of jobs. Its coming very fast and some of it is already here. Ever use an ATM? Automated phone answering systems that direct you to the right department (Press 1 for billing, 2 for tech support, etc)?   &gt; Or ok automation. Fine but don't cry when society goes down the tubes because so many people are on the streets with no where to turn. It was your idea though that you support. Sorry bud but I think it's your idea shooting yourself in the foot, literally.  LOL, whether I support it or not, its going to happen. There is nothing that can be done to stop it.  And trust me, liberals support it more. When you demand $15/hr, you're supporting it because you're being unreasonable for your skill. ***That's actually what is causing automation to accelerate***   Maybe when it hits, you'll support throwing the illegals out."}
{"_id": "267233", "title": "", "text": "In my area, the fixed prices are based on an average. My gas company will look at my previous months (six months if I remember correctly) payments and give me an average based on that amount. Then I am contracted for a year based on that average. If I lower my costs, I'm under contract and will not see the savings but if I go over for some reason, I will save money there. It really depends on how your utility companies work so I would check with them, look at your previous billing cycles and determine if the plan will possibly save you money. Of course some things can't be planned for such as the economic downturn like someone else mentioned."}
{"_id": "267266", "title": "", "text": "\"It's called \"\"dilution\"\". Usually it is done to attract more investors, and yes - the existing share holders will get diluted and their share of ownership shrinks. As a shareholder you can affect the board decisions (depends on your stake of ownership), but usually you'll want to attract more investors to keep the company running, so not much you can do to avoid it. The initial investors/employees in a startup company are almost always diluted out. Look at what happened to Steve Jobs at Apple, as an example.\""}
{"_id": "267284", "title": "", "text": "Yeah they are all over the us.  This is just the list of hot springs which are rarer than cold springs https://en.m.wikipedia.org/wiki/List_of_hot_springs  Are you now arguing that one should assume it couldn't be bottled from a natural spring because they don't exist?"}
{"_id": "267293", "title": "", "text": "&gt; The debt part: http://www.brillig.com/debt_clock/[1] (ie closing in on $18T)  The US government debt is how much USD the government has paid the US non-government in excess of what it's taxed them. Correct?  Do you know another way of putting that? It's the US non-government's *savings*. So that scary US debt clock, with the big red numbers? Consider that from *our* side of the accounting ledger it's actually a non-government savings clock, with big green numbers.  It's just not a bad thing. Every year the government pays us more than it taxes us, our savings go up. And it's not like the US is going to run out of USD - this is a perfectly sustainable way to growth."}
{"_id": "267297", "title": "", "text": "No, sorry. A change of 401(k) administrator is not an out, otherwise many would flee a bad plan. I'd suggest you only deposit up to the match, but use an IRA if you'd like to save more. A plan with high fees can easily negate the tax benefits and then some."}
{"_id": "267318", "title": "", "text": "This is more of a general answer about your situation than a specific answer to your question.  You might consider getting a SIP telephone number based in the US, or an even easier to use IP based phone number. That way you can use it through your Internet connection and make eaiser calls to US companies that you still have a business relationship with."}
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{"_id": "267347", "title": "", "text": "Paypal can take exactly the same legal actions against you as any creditor could -- take you to court for wilful nonpayment of debt, sell your debt to a collections agency, or anything else a business would do with a deadbeat customer. But this is a legal question, and as such off topic here."}
{"_id": "267348", "title": "", "text": "You probably won't save much, if anything at all, by getting another fixed-term mortgage. The last part of a mortgage is mostly principal payments.  If you borrowed $200k (guessing) at 4.75% then during the last five years you'll pay about $10.5k in interest, as opposed to $41.7k in the first five years and $27.9k in the second five.  Another fixed rate loan won't get you a whole lot lower than 4.75%. If you can score a teaser rate (say 2.5% for the first five years) on the balance at the beginning of year 11, and pay the same amount that you were before ($1,555) then you'd knock out the mortgage in 57 months and save yourself a little under $5k.  If the refinance costs only a few hundred, then you might make out. Anyway, you may find other similar options that have a low teaser rate but (goody for you) you won't be around long enough to see it jump up.  Just watch for prepayment penalties. I'd probably just bump up my payments, though.  I went through a refinance and I felt like my hand was forced a lot in that process, but your mileage may vary. :)"}
{"_id": "267357", "title": "", "text": "I need context and possibilities from which to compare to make a guess. (I'm not going to read your post history. )                 Perhaps you felt personally attacked from the inference I made about her? Or you want to rant about the possible logical fallacies of inferring things?"}
{"_id": "267361", "title": "", "text": "I have to ask. Why? Wendy's burgers taste like shit. Their fries taste like shit. They overfry their chicken. I can't believe they claim they did countless hours of research to make the W burger. The bun is too hard. There's not enough sauce. It uses cheap, watery lettuce and unappetizing pickles.  Burger King FTW."}
{"_id": "267362", "title": "", "text": "Look up escheatment. Companies that have unclaimed property are supposed to send it to your State government. They should have a unclaimed property department of some sort. In short, the company is going to have to pay either you, or your State (In Your Name) so they have to pay it either way. It would be easier for them to just give you new check. Expect them to give you some grief in verifying it has not been cashed and such... but if you have the original, in hand, it shouldn't be too bad. A 'Lost' check may be harder to get replaced. Not a lawyer, don't want to be."}
{"_id": "267366", "title": "", "text": "&gt; it was never realistic to expect the tax cuts to produce enough growth to pay for themselves.  And yet, pretty much every Republican executive who tries to get these economic policies put into effect USES that argument to sell it to legislatures."}
{"_id": "267370", "title": "", "text": "1 &amp; 2 are pining for the good old days.  3 is a problem in a lot of areas, not just coal country.  4 isn't going to happen until at least 1 &amp; 2 change. They've been promised their coal jobs by so many politicians and will only vote for the ones that make the promise, never mind that it is a fantasy. Offering training programs loses elections."}
{"_id": "267386", "title": "", "text": "any business selling for only 1,000 will not be worth getting into. marketing alone should cost you more than that if you have any genuine hope of turning a profit. buy some books instead. work for someone, learn the ropes, read books, practice what you read at work, then start something with your savings in 5 years."}
{"_id": "267399", "title": "", "text": "Because as an executive you have a fiduciary duty to be present... on the sheer chance you can spare shareholders from losing more value than they need to... or to even improve it. Not to mention the fact that they like their newfound access to Washington... even if they can't influence anything.. I'm sure they like the limelight. Besides... a lot of these executives don't even have any skin in the game. Most just get millions in salary or free stock. Worst case scenario it's just a giant mad hatter's tea party lol.  This is assuming that what you said about Trump is correct. I'm not really energized politically. But I do know the responsibility of ceos to shareholders."}
{"_id": "267419", "title": "", "text": "I bought after the 67% fall.   They disclosed that iPhone 5 wouldn't be using their ip.   But Apple is only 37%of their revenue.  They have $5.54 in cash and last reported at .20 EPS.   8 out 10 smartphones use their tech. This is a no brainer value play for me with a new and upcoming tech.  I'm still buying."}
{"_id": "267422", "title": "", "text": "Credit history is local, so when you move to the US you start with the blank slate. Credit history length is a huge factor, so in the first year expect that nobody would trust you and you may be refused credit or asked for deposits. I was asked for deposits at cell phone company and refused for store cards couple of times. My advice - get a secured credit card (that means you put certain sum of money as a deposit in the bank and you get credit equal to that sum of money) and if you have something like a car loan that helps too (of course, you shouldn't buy a car just for that ;) but if you're buying anyway, just know it's not only hurting but also helping when you pay). Once you have a year or two of the history and you've kept with all the payments, you credit score would be OK and everybody would be happy to work with you. In 4-5 years you can have excellent credit record if you pay on time and don't do anything bad. If you are working it the US, a lot of help at first would be to take a letter from your company on an official letterhead saying that you are employed by this and that company and are getting salary of this and that. That can serve as an assurance for some merchants that otherwise would be reluctant to work with you because of the absence of credit history. If you have any assets overseas, especially if they are held in a branch of international bank in US dollars, that could help too. In general, don't count too much on credit for first 1-2 years (though you'd probably could get a car loan, for example, but rates would be exorbitant - easily 10 percentage points higher than with good credit), but it will get better soon."}
{"_id": "267455", "title": "", "text": "If you know that you want that advanced degree; And there is a way to have your employer pay for some of it or all of it; And you are reasonably certain that you will not be quitting for X years after completing the degree; Then it is financially sound to consider having the company pay for it. If you are interested in finding out if an advanced degree in that field is possible/feasible for you; but you aren't 100% sure; And it is possible for your company to pay for the first few classes; then it is financially sound to consider having them pay for the first semesters worth of classes. The key is to determine if the company has a requirement that you must complete the degree, or you will owe them the money. In many cases you are not committed to having them pay for all semesters. I have known employees who used the company to pay for the early classes, then paid for the last few on their own.  Keep in mind that most employers only pay you for the classes that you have good grades; they require you to submit paperwork before the semester; but don't pay you back until after the semester. Because of a rolling time frame you can protect yourself by keeping in reserve the maximum amount that you would have to repay the employer if you quit. For the companies I have worked for you only had to stay an extra year, you would only have owed them for that last year if you quit. Keeping a years tuition in reserve allows you to mitigate the risk of having to quit. If the question is about risk, then hedging make sense."}
{"_id": "267466", "title": "", "text": "In general, you are expected to pay all the money you owe in taxes by the end of the tax year, or you may have to pay a penalty. But you don't have to pay a penalty if: The amount you owe (i.e. total tax due minus what you paid in withholding and estimated taxes) is less than $1000. You paid at least 90% of your total tax bill. You paid at least 100% of last year's tax bill. https://www.irs.gov/taxtopics/tc306.html I think point #3 may work for you here. Suppose that last year your total tax liability was, say, $5,000. This year your tax on your regular income would be $5,500, but you have this additional capital gain that brings your total tax to $6,500. If your withholding was $5,000 -- the amount you owed last year -- than you'll owe the difference, $1,500, but you won't have to pay any penalties. If you normally get a refund every year, even a small one, then you should be fine. I'd check the numbers to be sure, of course. If you normally have to pay something every April 15, or if your income and therefore your withholding went down this year for whatever reason, then you should make an estimated payment. The IRS has a page explaining the rules in more detail: https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-answers/estimated-tax/large-gains-lump-sum-distributions-etc/large-gains-lump-sum-distributions-etc"}
{"_id": "267477", "title": "", "text": "World war 2 was what carried america out of the great depression.  Anything's possible, people do desperate things when they're hungry, most people will resort to cannibalism within 2 weeks without food.   It's too unpredictable, but my bet is that the coming collapse will be multiple times worse than the great depression."}
{"_id": "267521", "title": "", "text": "Why? You will rarely find a good deal at a liquidation sale.....liquidators will come in and raise the prices well above what they ever sold at (higher than Kmart's average retail price) then slap some fake % off sale on it. The real deals are in the last couple days when everything is 90+% off...and even then, you might not find a great deal. (Kmart near me went out years ago...went on the last day and picked up a bunch of supplies they used in the store like copy machine toners and flipped it on ebay)."}
{"_id": "267528", "title": "", "text": "This is a good point.  The problem is that we still use the central bank and interest rates to try to control the economy.  This is the part that has failed.  I would suggest adjusting government spending based on the economic situation (down in good times, up in bad times).  I do believe this would prevent recessions but it has never been tried.  only in desperate times like the japanese recession and our great depression does this get tried and in both times has been effective.  This is the difference between monetary and fiscal policy."}
{"_id": "267530", "title": "", "text": "LC WebPros is the top most digital marketing and SEO company in the United States. For any business, digital marketing may be a sure top-strategic tool in business growth for years to come! Our company is the best Digital marketing Agency in the world. We provide the best digital marketing service. Knowing when and how to communicate to your potential customers in the email messages you write to them is a requirement to the success of your marketing plans."}
{"_id": "267536", "title": "", "text": "This has only been true over the past 10 years or so as asset classes have started to move in tandem and prices have been driven by central banks instead of fundamentals. Historically, this is abnormal. Your assertion has recency bias."}
{"_id": "267542", "title": "", "text": "Google ain't going to pay him anything.  California is one an at will state.  And even if he had a contract (which he likely did) there's likely a morality clause in it as well about following company policy."}
{"_id": "267554", "title": "", "text": "The default of the country will affect the country obligations and what's tied to it. If you have treasury bonds, for example - they'll get hit. If you have cash currency - it will get hit. If you're invested in the stock market, however, it may plunge, but will recover, and in the long run you won't get hit. If you're invested in foreign countries (through foreign currency or foreign stocks that you hold), then the default of your local government may have less affect there, if at all. What you should not, in my humble opinion, be doing is digging holes in the ground or probably not exchange all your cash for gold (although it is considered  a safe anchor in case of monetary crisis, so may be worth considering some diversifying your portfolio with some gold). Splitting between banks might not make any difference at all because the value won't change, unless you think that one of the banks will fail (then just close the account there). The bottom line is that the key is diversifying, and you don't have to be a seasoned investor for that. I'm sure there are mutual funds in Greece, just pick several different funds (from several different companies) that provide diversified investment, and put your money there."}
{"_id": "267555", "title": "", "text": "To your question regarding contracts, I'd say it's like anything else. Having a contract always helps to protect both parties in the event of a dispute. Given that you both are in different countries, it may be a major headache to try to sue and enforce contractual rights. So, it's up to you and your attorney(s) to decide if a contract is worthwhile. I'd say your best bet is to use an escrow service. That would be the safest way to do it. An escrow service assures both parties that the transaction will proceed without any shenanigans. Personally, if we're talking about a high value property, I'd have my attorneys draft a contract and use an escrow service."}
{"_id": "267566", "title": "", "text": "How about no property should be tax exempt.  A church puts a heavy toll on the roads and other infrastructure. Surely they can afford to be paying property taxes, of all things.  If they're that broke, and many churches are, this would be the push off the cliff that so many of them deserve."}
{"_id": "267577", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://econlog.econlib.org/archives/2017/09/the_macroeconom_1.html) reduced by 93%. (I'm a bot) ***** &gt; It seems to me that even if Christiano is completely correct about the lessons of the Great Recession, his claim still represents a major indictment of the macroeconomic profession, particularly at its most elite levels.  &gt; We gradually learned that the original consensus view of the Great Depression was wrong.  &gt; New month I will attend a conference in DC, feature lots of members of the macroeconomic elite It will be very interesting to observe how their view of the current situation compares to the original standard view of the Great Depression.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72mh8j/the_macroeconomic_elite_is_definitely_wrong_about/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216996 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Great**^#1 **depression**^#2 **Recession**^#3 **view**^#4 **macroeconomic**^#5\""}
{"_id": "267582", "title": "", "text": "Debt never rots or degrades with time and can expand exponentially through compound interest - nothing in the natural world does this.  Biological populations do this when their growth is not checked, a virus in an epidemic situation comes to mind. It grows exponentially until it meets its natural limit - the capacity of its host population to sustain it, which crashes due to the virus' effects. So I'd say debt rots only when it pushes the economy to such extremes that a political revolution encompasses both debtor and creditor and the slate is wiped clean."}
{"_id": "267589", "title": "", "text": "These stores are definitely just test locations to help them figure out physical retail.  Next time you go to one, look up. There's an obvious constellation of tech in the ceiling - likely tracking the behavior of individuals and how they move about the store (e.g. using the Amazon app on their phones and triangulating their location based on wifi/bluetooth.) They're not trying to turn a profit yet, just trying to collect data."}
{"_id": "267592", "title": "", "text": "In this case can the title of the home still be held by both? Yes, it is possible to have additional people on title that are not on the mortgage. Would the lender (bank) have any reservations about this since a party not on the mortgage has ownership of the property? Possibly, but there is a very simple way to avoid this. Clayton could simply purchase the home himself, and add Emma to the title after closing by recording a quitclaim deed. The lender can't stop that, and from their point of view it's actually better, since they have two people to go after in the case of default. (But despite it being better they often make it difficult to purchase Tip, when you have an attorney draft the quitclaim document, have them draft the reverse document too. (Emma relinquishing the property back to Clayton.) There is usually no extra charge for this and then you have it if you need it. For example, you may need to file the reverse forms if you want to refinance. As a side note, I agree with  Grade 'Eh' Bacon's and Pete B.'s in recommending that Clayton and Emma do not do this. Once they are married the property will either be automatically jointly owned, or a spouse can be added to the title easily, and until they are married there are no pros but many cons to doing this. Reasons not to do it: As a side note, in a comment it was proposed: ...suppose Clayton loves Emma so much that he wants her name to be on the house... I understand the desire to do this from an emotional point of view, but realize this does not make sense from a financial point of view."}
{"_id": "267609", "title": "", "text": "You setup a self-directed solo 401k by paying a one time fee for a company to setup a trust, name you the sole trustee, and file it with the IRS. None of these companies offer TPA because it opens them up to profit leaching liability. After you have your trust setup, you can open a brokerage account or several with any of the big names you want (Vanguard, Fidelity, Ameritrade, etc), or just use the money to flip houses, do P2P lending, whatever, the world is your investment oyster. If the company has recurring fees you need to ask what is going on because if they aren't offering TPA services, then what the heck could they be charging you for? I did see one company, I think it was IRA Financial Group, that had the option of having a CPA do TPA for you for a recurring fee, but I would pass on that. The IRS administration requirements are typically just the 5500-EZ that you have to file as a hard copy by July 31 if your investments are worth more than $250k, on December 31. Yes, you have to get the actual form from the IRS, write on it with a pen and mail it to them every year, barbaric. You can either have your accountant do it or do it yourself. If you're below $250k just google solo 401k rule change two or three times a year and don't try to launder money. If anything, the rules will loosen with time, I don't imagine the Republican Congress cracking down on small business owners any time soon."}
{"_id": "267627", "title": "", "text": "Yes, and there are several ways, the safest is a high-yield savings account which will return about 1% yearly, so $35 per month. That's not extremely much, but better than nothing (you probably get almost zero interest on a regular checking account)."}
{"_id": "267635", "title": "", "text": "No.  Our taxes allocated the resources necessary for us to have roads, power, and all the nice facilities we use.  The rich benefited from the government offering them the jobs to build these things.  Or did you forget about that part?  You sound like you think the rich are altruistic.  If they were, would we really be in the situation we are today, with the increasing wage gap and people distrusting big business?  No.  We would laud big business as our saviors and protectors, would have confidence that big business is there if we fall down, to pick us up.  But big business has shown it is more about back stabbing than helping."}
{"_id": "267654", "title": "", "text": "Selby soft furnishings are one of the family-run businesses in the UK. They offer a huge array reasonably priced and top notch quality curtain fabrics and upholstery (plus all of the tools and suppliers you may want) for those of you that develop your own soft furnishings."}
{"_id": "267655", "title": "", "text": "the SP500 is all in the US, though.  if you plan to buy and hold long index, you will probably be fine. i would recommend to diversify into different assets for a number of reasons. but if you invest without an advisor, you need to stick to a savings and investment plan without question. if you start thinking about what sector you think the next big break is going to be, or if you should be buying in right now, or if now is a good time to sell, it is more likely than not you will be doing yourself a great disservice."}
{"_id": "267664", "title": "", "text": "&gt; Apple ... Tesla and Switch ... billion dollar investments in Virginia City, Nevada.....The tech population has begun moving into cheaper areas already  Um, all of those tech company investments are for server farms, which provide very few jobs. So long as power and connectivity is available, it doesn't matter where a server farm is located and of course companies try to put them in places where it's cheapest. What this does *not* represent is tech moving out of Silicon Valley and into Nevada. Just how many jobs do you think were relocated from Silicon Valley for these investments? I would guess few, if any at all. Though lower cost is certainly attractive to corporations, a Nevada lifestyle is apparently still not attractive for tech workers."}
{"_id": "267667", "title": "", "text": "In addition to the other answers, I think you would also need to account for the increased utility and maintenance costs on the more expensive house. Typically it is recommended to budget 1% to 4% the cost of the home per year for routine maintenance. While it likely won't cost that much every year, you will have those expensive items come up (e.g. roof, HVAC) that come up periodically. The larger house will also cost more to heat/cool. Depending on where you live could also have increased property taxes."}
{"_id": "267674", "title": "", "text": "doesn't sound like much more than a side hustle, but if you have people wanting to buy your product, just start an instagram/fb page and show your stuff. put all initial profits back into marketing. i wouldn't waste money on incorporating yet, let it grow naturally."}
{"_id": "267697", "title": "", "text": "My favorite part of the latest scheme by the .1% was when they inserted a Black President to throw down the white guilt gauntlet if questioned about anything finance while they took interest rates to zero and stole 100 years of intrinsic value in 8 years.  It was glorious to watch."}
{"_id": "267724", "title": "", "text": "How could you spew this stupidity for this long. Do you live under a rock. Mcdonalds never had anything more than 30 percent stock. They should have never sold in the first place. It was a damn good stock and if I had any money as a kid I would have bought in."}
{"_id": "267727", "title": "", "text": "\"For some situations, an MBA can be overrated in the sense that given the cost of time and money, it isn't going to be a great return in some cases. There can be tens of thousands of dollars and a couple of years to get an MBA that some people believes should automatically make them worth $x more in their salary and life should be simple. I'd likely inquire as to what expectations do you have for what an MBA will do for you. Are you expecting to make connections in getting the degree? Are you expecting to learn about how to run a business from the coursework? Are you expecting something else? Depending on what you are expecting, I could see MBA as being anything from a great choice to a lousy choice for people. As noted by Pete Belford's comment, an MBA from a \"\"degree mill\"\" would be all but worthless. Where you go can reflect the value of the education as some universities are known for their program about this such as Ivy League schools.\""}
{"_id": "267740", "title": "", "text": "\"Been a long while since I've read it but if I remember correctly with quotational loss Graham refers to an unjustified decline in stock price because of Mr. Market's fear and loathing where the business prospects of the company are actually still sound.  This is opposed to \"\"actual\"\" loss of capital which he would consider to be a company going bankrupt or just more generally turning out to have way worse business prospects than expected with the justified decline in stock price that entails.\""}
{"_id": "267756", "title": "", "text": "Over a period of time most mutual funds do not perform better that an index fund.  Picking and buying individual stock can be a great learning experience."}
{"_id": "267776", "title": "", "text": "On what basis are you not employee? You should probably get some tax/legal advice, but generally J1 internship is by definition employment. You should also check the tax treaty between the US and Ireland, if there's one, and check what it says about training related income. You may find a pleasant surprise there. Most universities have support for international students/visiting scholars, check the international students' office at your school."}
{"_id": "267789", "title": "", "text": "\"That article is over a year old and at the tail end of the largest recession in 50 years. It is based on Census data, but since they don't say which data it is not clear where they got their information. Do you have anything from this past moth or so?  Looking at the Census website, [here is the Census page with data](http://www.census.gov/hhes/www/income/data/historical/household/), and if you open the top link titled \"\"Table H-1. Income Limits for Each Fifth and Top 5 Percent  \u2022All Races [XLS - 45k]\"\" you'll see that there is a slight blip in income level but as of 2010 almost every quintile is wthin $1000/yr of an all time high. Feel free to browse and analyze their datasets, but it does not look bad.  So let's find more recent data: BLS tracks such items, such as the [National Compensation Survey](http://www.bls.gov/ncs/tables.htm) , the [Labor Force Statistics](http://www.bls.gov/cps/cpswktabs.htm) and the [CUrrent Population Survey](http://www.bls.gov/cps/tables.htm#weekearn), among others. I am too tired to dig through this. I already posted the Census data, and it is old and shows signs on increase, and plenty from BLS that I have dug up in other posts shows that real income most definitley has not declined for *decades*. At worst people have incomes similar to 2005, and it seems most quintiles are back to an all time high for real compensation.\""}
{"_id": "267815", "title": "", "text": "&gt; The issue I have with your use of Japan is that Japan has very strong exports of superior quality and low cost, we do not.  That has no bearing on their sovereign debt situation though. Japan's debt is yen-denominated. Does Japan rely on the rest of the world to supply it with yen via exports? No. Japan issues the yen.  &gt;And what about South and Central American Pesos?   Where you saw actual debt crises, it was countries that owed US dollars. Peg your peso to the US dollar and/or borrow US dollars and you are on the hook for US dollars which you can run out of.  Let's just apply this as a general rule: any example of actual sovereign debt crisis you want to offer, before you do... look for where they're on the hook for foreign currency. You'll find it.  &gt;What about Keynes, Minsky, and the trilemma? Their central banks were completely overridden by foreign speculators. We can only choose two out of three options, peg our currency, spend to help the economy, and/or maintain free trade, not all three  What I'm describing is consistent with the trilemma [triangle](http://en.wikipedia.org/wiki/Impossible_trinity#mediaviewer/File:Impossible_trinity_diagram.svg). I'm saying the sovereign monetary policy with a floating rate currency is the one which allows a country the most policy space for responding to crisis and funding its domestic economy in general up to its own real capacity limits.  I want to emphasize here that the printing press isn't some magic fountain of real wealth. Your potential real wealth is limited by what you have the real resources to produce. The idea is to fund yourself to the point where you're producing up to your own real limits of output capacity at full employment. Maximize your own potential. As opposed to adopting voluntary financial constraints which force you to leave some of that potential idle, making you poorer in real terms."}
{"_id": "267818", "title": "", "text": "\"Yes, but the rates at which they're borrowing make all the difference.  Japan's central bank is borrowing at about 2 percent on a 30 year bond, and Greece is borrowing at 18 percent. Japan would thus be paying 4.6% of GDP on debt service for government borrowing, while Greece would thus be paying 27% (assuming that all current bonds could be converted to current rates).   [Japan](http://www.bloomberg.com/markets/rates-bonds/government-bonds/japan/), [Greece](http://www.ecb.int/stats/money/long/html/index.en.html).   Further, as many other commenters have noted, Japan retains the ability to print money and thus inflate their debt away, while Greece relies on the European Central Bank, which would not hyperinflate the entire Eurozone to help out Greece's government.  As a comparison, the US is currently paying 1.3% of its GDP on government debt service.   (My calculations are amateur. Please correct me if I'm wrong.)  As [Dean Baker notes](http://www.cepr.net/index.php/blogs/cepr-blog/the-devasting-interest-burden-of-the-debt):  \"\"It is important to remember that most of the people in Washington debates on economic policy do not know much economics. They tend not to be very good at arithmetic either. That is why they were blindsided by the collapse of the $8 trillion housing bubble that wrecked the economy.  As we get endless pontification about the crushing debt burden it is worth touching base with reality on occasion. In that spirit, CEPR brings you the latest data and projections on the ratio of the federal government's interest payments to GDP, courtesy of the Congressional Budget Office (CBO).  [T]he interest to GDP ratio is currently at a crushing 1.3 percent, near the post World War II low. However this figure overstates the burden somewhat. Last year the Federal Reserve Board refunded almost $80 billion to the Treasury. This was interest earned on government bonds and other assets it now holds. That leaves a net interest burden of 0.8 percent of GDP, by far the lowest of the post World War II era.\"\"  **TL;DR**: what matters is not total size of debt alone, but also borrowing costs and ability to inflate the debt away. Japan is paying very little on its large debt; Greece is paying a lot.   **TL;DR TL;DR**: I'd like to borrow a few trillion dollars at 2%, too.\""}
{"_id": "267824", "title": "", "text": "Maybe not exactly out of the ordinary, but 'What is the biggest mistake you've ever made' is a good one. You wouldn't believe it, but some people actually say 'I don't make mistakes'. Obviously the answer should not just be the mistake, but how you fixed up afterwards and what you learnt as a result."}
{"_id": "267825", "title": "", "text": "If you're current employer who is running the 401k says no you can't. You may be able to get a loan against those assets, that's more common. However, this post will be down voted to oblivion because you want r/personalfinance . This isn't the sub for this question."}
{"_id": "267830", "title": "", "text": "&gt; think about it as an investment in the future for when you do need it, and those kids skills.  I have a large portfolio of stocks I've bought from the income I earn.  I've already thought about the future and acted appropriately.  &gt;good luck getting the cashflow with that sorta system to work  It works just fine in the government department where I work.  You pay for the services you request.  &gt;read Bill Clinton's last book it goes into a lot of detail around it.  If I never see a Clinton again, it will be too soon.  Slab of beef Hillary and cigar in the vagina rapist Bill can fuck off."}
{"_id": "267856", "title": "", "text": "Its almost always better to pay off loans sooner rather than later.   Being debt free is amazingly liberating.   However, in your case, I'd be reluctant to make significant headway on a loan repayment program.  Here's why: The best investment you can make, right now, is in yourself.  Completing your education should be the top priority.  The next would be to meet the requirements of a job after received after school is complete.  So what I would do is estimate the amount of money it would take to complete school.  Add to that an estimate of an amount to move to a new city and setup a household.   That amount should be held in reserve.  Anything above that can used to pay down loans. Once you complete school and get settled into a job, you can then take that money and also throw it at your loans."}
{"_id": "267859", "title": "", "text": "Someone please explain to me why we cant simply expand and morph Medicare into a single payer type insurance plan (80/20 plan for everyone, $1000 deductible, $3000 out of pocket max, 100% preventative covered, etc.) that is funded from a VAT on all businesses?    Employers already pay a lot of money to provide insurance to their employees.  If the math worked out well, then we could aim to make it a near net zero change in the employers out of pocket expenses (i.e. employers would pay close to the same in VAT as they would in the current system).    What's wrong with this idea?"}
{"_id": "267860", "title": "", "text": "Lapak judi is a gambling agency and also a well known agent site that is a football trusted agent. However, with this agency site the online gambling world is easy to approach as opening a gambling account is easy and they help you, but you should know the limitations about the rupiah currency transactions."}
{"_id": "267876", "title": "", "text": "If you work for a company with any concept of customer service, those go hand in hand.  Regardless, though, I made an agreement to work at that price. If I wasn't satisfied with the agreement, the answer wasn't to grumble and be bitter, it was to go do something else."}
{"_id": "267892", "title": "", "text": "This is a meaningless question without additional parameters.  You certainly can live on $30k if you live a spartan life in a low cost of living place.    What could change...  You want to live in a US city? Have kids? Send those kids to college? Save money? Go out to eat? Travel? Buy your own health care instead of being on your parents insurance? etc. etc. etc."}
{"_id": "267896", "title": "", "text": "Thank you gouldy\\_ftw for voting on WikiTextBot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "267898", "title": "", "text": "My personal opinion is that labor unions inevitably arrive at the corruption destination because, at the end of the day, they are political entities.  It is nice to see one that has a true endogenous origin.  ...and it is telling that the press is being used to portray this one as a political entity."}
{"_id": "267901", "title": "", "text": "\"These agencies consolidate your debt and make it an easy monthly instalment for you. They also try to negotiate with credit cards. They do so for a fee. Other option is to not pay the debt. During this time , expect credit cards to keep sending you bills and reminders and ways to contact you. Once it is not paid for a significant amount of time ( 18 months ) , the lender will \"\"sell\"\" your debt to a collection agency. You will start getting bills from collection agencies. Collection agencies can settle for up to 40 % of the actual debt. So if you had 5 credit cards , you would have 5 different collection agencies trying to get in touch with you. You can call them and tell them that you cannot pay the full amount. They will offer you settlements which you can accept or decline. The longer the unpaid debt , the more the discount they will offer. One very important thing to remember is that the unpaid amount will be sent to you on a 1099-c form . This means you have to recognize this as income. It is applicable to the year when the debt is settled. In a nut shell , you owe 120,000. You don't pay. Credit cards keeps calling you. You don't pay. After 12-18 months , they handover your debt to collection agencies. Collection agencies will try to get in touch with you. Send you lawsuit letters. You call and settle for say 50,000. You pay off 50,000 in 2016. Your debt is settled. But wait you will get 1099-C forms from different agencies totaling 70,000 ( unpaid debt ). You will have to declare that as income and you will owe tax on that. Assuming say 30 % tax you will have to pay up 21,000 as tax to IRS assuming no other income for simplicity. SO what you did was pay up 50 + 21 = 71,000 and settled the debt of 120,000. Your credit score will be much better than if you never paid at all.\""}
{"_id": "267904", "title": "", "text": "Stock index funds are likely, but not certainly, to be a good long-term investment.  In countries other than the USA, there have been 30+ year periods where stocks either underperformed compared to bonds, or even lost value in absolute terms.  This suggests that it may be an overgeneralization to assume that they always do well in the long term.  Furthermore, it may suggest that they are persistently overvalued for the risk, and perhaps due for a long-term correction.  (If everybody assumes they're safe, the equity risk premium is likely to be eaten up.) Putting all of your money into them would, for most people, be taking an unnecessary risk.  You should cover some other asset classes too.  If stocks do very well, a portfolio with some allocation to more stable assets will still do fairly well.  If they crash, a portfolio with less risky assets will have a better chance of being at least adequate."}
{"_id": "267940", "title": "", "text": "\"Whether or not PayPal itself reports to the credit bureaus, the collector **will**.  That said, you can demand the collector \"\"validate\"\" the debt, which if you were scammed could make for an interesting scenario - PayPal *doesn't* normally play the role of a creditor, so the very fact that you \"\"owe\"\" them money is an unusual situation in and of itself.  I'm not entirely sure how they would go about validating that debt - They haven't provided you any goods or services, you don't have any form of loan outstanding with them... The legitimacy of the \"\"debt\"\" consists **entirely** of them siding with the other party in a he-said-she-said dispute.  I'd be interested to hear what the collector replies with when you demand validation of the debt!\""}
{"_id": "267945", "title": "", "text": "\"I think it is stated perfectly in the question, \"\"unforeseen critical needs.\"\" You know you will need to buy new tires for your car, they are critical but not unforeseen. However, if a tree falls on your car and you need to pay the insurance deductible for the repairs it would be unforeseen. You should budget for the expenses you can plan for in advance like car maintenance and repairs. An emergency fund is for items that are out of the ordinary.\""}
{"_id": "267974", "title": "", "text": "You mentioned 15-20 years in your comment on mhoran_psprep's response. This is the most important factor to consider in the points vs. rate question. With a horizon that long it sounds like the points are probably a better option for you. There is a neat comparison tool at The Mortgage Professor's website that may help you build your spreadsheet or simply check the numbers you are getting."}
{"_id": "267977", "title": "", "text": "Even if there's nobody outside who needs to see it right away (investors, etc.), an honestly-written business plan is a valuable exercise. If done well (and preferably with external guidance) it forces you to think all the way through your idea and make sure your bases are covered."}
{"_id": "267981", "title": "", "text": "\"I'm no expert on this topic but I'll share my reasoning.  One of the main themes of capitalism is \"\"Profit over everything\"\". Since the industrial revolution and the invention of the lightbulb, two things have been happening. 1) income inequality grows farther and farther apart 2) workers work more and more hours for the same or less pay. So fast forward to today's times and 8 people own 50% of the worlds wealth because capitalism and free market tactics allow those people to acculmate and insane amount of wealth.  2008 Citezens united basically made bribes legal in America.   So because of capitalism, Corporations are able to heavily influence the government. So I think capitalism is a bigger problem than government.\""}
{"_id": "267986", "title": "", "text": "&gt; I simply stated that the only way to control prices across a community is through central authority.  Why control prices when we can change incomes?  You're looking at it the wrong way.  Why can't people afford decent homes, medical care, education?  Perhaps it's because the fruit of their labor is being exploited, taken from them and transferred unjustly to the upper class."}
{"_id": "267998", "title": "", "text": "\"I'd suggest you avoid the Roth for now and use pretax accounts to get the greatest return. I'd deposit to the 401(k), enough to get as much match as permitted, then use a traditional IRA. You should understand how tax brackets work, and aim to use pre-tax to the extent it helps you avoid the 25% rate. If any incremental deposit would be 15% money, use Roth for that. Most discussions of the pre-tax / post tax decision talk about 2 rates. That at the time of deposit and time of withdrawal. There are decades in between that shouldn't be ignored. If you have any life change, a marriage, child, home purchase, etc, there's a chance your marginal bracket drops back down to 15%. That's the time to convert to Roth, just enough to \"\"top off\"\" the 15% bracket.  Last, I wouldn't count on that pension, there's too much time until you retire to count on that income. Few people stay at one job long enough to collect on the promise of a pension that takes 30+ years to earn, and even if you did, there's the real chance the company cancels the plan long before you retire.\""}
{"_id": "268015", "title": "", "text": "Thats a good point but they are still not giving the companies cash.  I think some people read these headlines and think their taxes are literally being handed to these companies as a check which is not the case.  I did note that one company near me is getting actual cash to help with their move which is the first time I have heard of something like this: http://www.charlotteobserver.com/2011/12/01/2816928/chiquita-payout-called-unique.html"}
{"_id": "268016", "title": "", "text": "There are ETF funds that only purchase preferred stock from banks. I have one that pays a monthly dividend of a little under 6% per year. That means that it pays just under 0.5% every month. The purchase price of this stock just slowly goes up and up.  You can do a whole lot better than 2% per year.  The crux of the issue, as I understand it, is the lousy 2% interest she is getting. My point is that you can do a lot better than 2%.  An ETF is not a scam. The price has stability and slow growth because it buys preferred stock from banks.  http://www.marketwatch.com/investing/Fund/PGF?countrycode=US http://stockcharts.com/h-sc/ui?s=PGF&p=D&yr=2&mn=3&dy=0&id=p52078664654 Yes, she should invest. My answer is yes because 2% ROI  is a lousy return and she can do better.  Looking at the 200 day moving average, the price goes from 15.25 in May of 2014 to 17.95 in Dec of 2015. That, in price appreciation alone, is a 17.7% increase. Add on top of that a 0.5% increase per month and you get a stellar 27.7% Total Return.  The increase in the Fed funds rate is a benefit to banks. PGF invests in Banks by buying their preferred stock. This means that the share price of PGF will continue to increase and its ability to pay the, nearly, 6% per year dividend will also improve."}
{"_id": "268022", "title": "", "text": "One risk not mentioned is that foreign stock might be thinly traded on your local stock market, so you will find it harder to buy and sell, and you will be late to the game if there is some sudden change in the share price in the original country."}
{"_id": "268023", "title": "", "text": "I think not. I think a discussion of optimum mix is pretty independent of age. While a 20 year old may have 40 years till retirement, a 60 year old retiree has to plan for 30 years or more of spending. I'd bet that no two posters here would give the same optimum mix for a given age, why would anyone expect the Wall Street firms to come up with something better than your own gut suggests?"}
{"_id": "268026", "title": "", "text": "\"If you sign the check \"\"For Deposit Only\"\", the bank will put it in your account. You may need to set up a \"\"payable name\"\" on the account matching your DBA alias. However, having counted offerings for a church on several occasions, I know that banks simply have no choice but to be lax about the \"\"Pay to the Order Of\"\" line on checks. Say the church's \"\"legal name\"\" for which the operating funds account was opened is \"\"Saint Barnabas Episcopal Church of Red Bluff\"\". You'll get offering checks made out to \"\"Saint Barnabas\"\", \"\"Saint B's\"\", \"\"Episcopal Church of Red Bluff\"\", \"\"Red Bluff Episcopal\"\", \"\"Youth Group Fund\"\", \"\"Pastor Frank\"\", etc. The bank will take em all; just gotta stamp em with the endorsement for the church. Sometimes the money will be \"\"earmarked\"\" based on the payable line; any attempt to pay the pastor directly will go into his \"\"discretionary fund\"\", and anything payable to a specific subgroup of the church will go into their asset account line, but really all the cash goes directly to the same bank account anyway. For-profit operations are similar; an apartment complex may get checks payable to the apartment name, the management company name, even the landlord. I expect that your freelance work will be no different.\""}
{"_id": "268034", "title": "", "text": "Some options: See if the seller will sell to you on Contract.  With a significant down payment the seller may be willing to sell you the condo on contract.  This fill in the year or so you will probably need to go from contractor to full time employee with enough time on the job to get a mortgage.   Keep Shopping.  Be up front with the lenders with the problems you are running into and see if any of them can find you a solution.  You may need to take a higher rate in the short term but hopefully you can refinance in a few years to a more reasonable rate. Check with a local bank or credit union.  Many times local banks or CU's will finance high demand properties that may be out of favor with the super banks that have no ties to your community.  These banks sometimes realize that just because the standard spreadsheet says this is a bad risk the reality is the specific property you are interested in is not the risk that it appears on paper.  You will have to find a bank that actually retains its mortgages as many local banks have become agents that just sell mortgages to the mortgage market. Talk to a Realtor.  If you are not using one now it may be time to engage one.  They can help you navigate these bumps and steer you towards lenders that are more amenable to the loan you need."}
{"_id": "268035", "title": "", "text": "www.mint.com is a very good web site that can upload your financial data from your bank and analyze it for you. Security concerns seem to have been addressed reassuringly."}
{"_id": "268049", "title": "", "text": "Is it possible to get a 0% interest rate for car loan for used car in   US? Possible? Yes. It's not illegal. Likely? Not really. $5K is not a very high amount, many banks won't even finance it at all, regardless of your credit score. I suggest you try local credit unions, especially those that your employer is sponsoring (if there are any). Otherwise, you will probably get horrible rates, but for 3 months - you can just take whatever, pay the 3 months interest and get rid of the loan as soon as you're able."}
{"_id": "268067", "title": "", "text": "\"I purchase next to 0 processed foods every month. I'd go with maybe a few \"\"extras\"\" every month that I enjoy (granola bars, cookies, whatever). I spend MUCH less on food (and eat WAY more) than anyone else I know. You really think that that box of corn dogs is cheaper than a couple pounds of grass fed beef? When you do the math, and figure out that you only eat 4-8oz of beef in a sitting, yet you eat 3 corn dogs, it becomes clear what the better option is.  The problem isn't a lack of money, it is a lack of education in basic nutrition.\""}
{"_id": "268068", "title": "", "text": "Balance sheet engineering.  You might be right, but it might not be a cost of money issue.  It could be a million other things.  You might be trying to line up some future ROI metrics because you know something positive or negative about WFM's near term projections.  There's many reasons to go one way or another, and future effects on investor sentiment, the balance sheet,  various metrics that AMZN has deemed important in past comments/filings, etc.... A lot goes into these decisions."}
{"_id": "268069", "title": "", "text": "Generally, prize money is miscellaneous income, reported on line 21 of your 1040 and not subject to self employment tax. See IRS publication 525 for more details; under 'Prizes and Awards', they give an example of winning a photography contest. Now, there are a couple of exceptions. If your main occupation is participating in contests such as this - or you do it sufficiently that it could be considered such - then it may be considered something you should pay self employment taxes on. If it's your first one - you're fine. Also, it would have to be something that doesn't look like work for me to be confident it's self employment income. I'm not sure that winning the Netflix prize for improving on their algorithm by 10% wouldn't run the risk of being considered sort of employment. I'm not a tax advisor, but in that case I would hire one to be sure.  I could imagine companies abusing 'prizes' otherwise to get out of paying employment taxes..."}
{"_id": "268078", "title": "", "text": "\"Because this question seems like it will stick around, I will flesh out my comments into an actual answer. I apologize if this does not answer your question as-asked, but I believe these are the real issues at stake. For the actual questions you have asked, I have paraphrased and bolded below: Firstly, don't do a real estate transaction without talking to a lawyer at some stage [note: a real estate broker is not a lawyer]. Secondly, as with all transactions with family, get everything in writing. Feelings get hurt when someone mis-remembers a deal and wants the terms to change in the future. Being cold and calculated now, by detailing all money in and out, will save you from losing a brother in the future. \"\"Should my brother give me money as a down payment, and I finance the remainder with the bank?\"\" If the bank is not aware that this is what is happening, this is fraud. Calling something a 'gift' when really it's a payment for part ownership of 'your' house is fraud. There does not seem to be any debate here (though I am not a lawyer). If the bank is aware that this is what is happening, then you might be able to do this. However, it is unlikely that the bank will allow you to take out a mortgage on a house which you will not fully own. By given your brother a share in the future value in the house, the bank might not be able to foreclose on the whole house without fighting the brother on it. Therefore they would want him on the mortgage. The fact that he can't get another mortgage means (a) The banks may be unwilling to allow him to be involved at all, and (b) it becomes even more critical to not commit fraud! You are effectively tricking the bank into thinking that you have the money for a down payment, and also that your brother is not involved! Now, to the actual question at hand - which I answer only for use on other transactions that do not meet the pitfalls listed above: This is an incredibly difficult question - What happens to your relationship with your brother when the value of the house goes down, and he wants to sell, but you want to stay living there? What about when the market changes and one of you feels that you're getting a raw deal?  You don't know where the housing market will go. As an investment that's maybe acceptable (because risk forms some of the basis of returns). But with you getting to live there and with him taking only the risk, that risk is maybe unfairly on him. He may not think so today while he's optimistic, but what about tomorrow if the market crashes? Whatever the terms of the agreement are, get them in writing, and preferably get them looked at by a lawyer. Consider all scenarios, like what if one of you wants to sell, does the other have the right to delay, or buy you out. Or what if one if you wants to buy the other out? etc etc etc. There are too many clauses to enumerate here, which is why you need to get a lawyer.\""}
{"_id": "268083", "title": "", "text": "\"That happens all the time. The best situation for this to happen is when you have several products, each a bit better and a bit more expensive than the other, and you add a new product which is the cheapest. That gets people into the store to look at the cheapest product, and then you show the the next more expensive which is so much better for only a little more money, and the next more expensive which is again so much better... You might not sell any of the cheapest product but it helps you sell the others.  Also happens the other way round: You add a really expensive item, unaffordable for most customers, that is really, really nice. Then customers look at it and you show them that for half the price they can have something that is almost as nice. The expensive product increases the amount that customers think is \"\"the right price\"\" for that kind of product. A customer might think that $2,000 for a diamond ring is an awful lot of money, but if you show them another ring for $5,000 then suddenly the $2,000 doesn't look that expensive anymore. And if it is almost as nice as the $5,000 ring, you sell a lot of rings for $2,000 because you had the more expensive ring in the store.\""}
{"_id": "268107", "title": "", "text": "Yeah, you can presume anything you want.  I'm not going to spend the rest of the night refuting a wall of words that will only generate another wall of words that I will then have to spend the rest of the night refuting.  So by sheer might of bullshit, you win.  You are right about one thing though, Somalia is an example of a failed government.  You seem to want our government to fail as well.  What I meant by saying that Somalia is a government free utopia is that they do not collect taxes, they do not regulate their businesses, and they have no influence on the lives of their citizens, which as far as I can tell is exactly what you are advocating for the US.  Do you know what to call it when people structure their interactions in order to cooperate?  The word is Government."}
{"_id": "268142", "title": "", "text": "You're right to keep the oldest one.  That's an asset to your credit rating. Since you're already responsible with your credit, a dip in your credit rating doesn't really matter unless you're looking for another loan, like a mortgage. I personally like the cash-back rewards because they're the most flexible, so you have a good thing going with that card. Do those reward cards give you perks on all of your purchases?  If they do, then look carefully to see if you can do noticeably better with another card.  If not, it may not really be worth it. Regarding cancelling one of the cards, I wouldn't, and here's why.  Your cards can get compromised, and sometimes more than one gets compromised at the same time.  I was glad that I had three cards, because two of them got hit the same day.  Hence, having three cards hit on the same day is possible, and you'll be glad that you have the fourth."}
{"_id": "268184", "title": "", "text": "\"**Chaebol**  A chaebol ( TCHAY-bol;  JEH-b\u0259l; from Korean jaebeol [t\u0255\u025b\u031d.b\u028cl]) is a South Korean form of business conglomerate. They are typically global multinationals and own numerous international enterprises, controlled by a chairman with power over all the operations. The term is often used in a context similar to that of the English word \"\"conglomerate\"\". The term was first used in 1984.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.26\""}
{"_id": "268205", "title": "", "text": "Usually the ADR fee comes out of dividend payments and is modest. The ADR that I am most familiar with (Vodafone - VOD) pays dividends twice a year and deducts either $0.02 or $0.01 per share. IMO, the ADR fee is not really a material factor. ADRs do have some disadvantages though:"}
{"_id": "268241", "title": "", "text": "It does raise the question of whether investment bank analysts are doing their job when advising clients on IPOs. Sadly, no one, and I literally mean not a single person, reads a registration statement in its entirety. That's why I find this criticism of the JOBS Act particularly stupid. The problem isn't that enough information isn't getting out, it's that too few investors and analysts actually do anything with it."}
{"_id": "268252", "title": "", "text": "I really can't wait to buy a McMansion for 35% of its value when the economy bottoms out. They'll be crying they didn't sell and I'll offer them a onetime cash offer.   I won't be mean or try to screw over, I just will feel no pain or remorse for ripping off a baby boomer owner in the housing market.   That's the Millennial revenge. Too bad we're still 5 or so years out."}
{"_id": "268254", "title": "", "text": "Their \u201ciPhone\u201d moment is already not a thing. They\u2019re not producing enough cars, and the cars themselves are too expensive. It\u2019s like a shitty Kickstarter product only with billions behind it. It\u2019s still going to fail (unless they keep getting suckers to buy new stock issues and/or bonds."}
{"_id": "268257", "title": "", "text": "For purposes of the EIN the address is largely inconsequential. The IRS cannot (read: won't) recover the EIN if you fail to write it down after the website generates it for you. On your actual tax form the address is more consequential, and this is more so a question of consistency than anything. But an entity can purchase property anywhere and have a different address subsequent years. Paying the actual taxes means more than the semantical inconsistencies. The whole purpose of separate accounts is to make an audit easier, so even if someone imagines that some action (such as address ambiguity) automatically triggers an audit, all your earnings/purchases are not intermingled with personal stuff, which just streamlines the audit process. Consequences (or lack thereof) aside, physical means where physical property is. So if you have an actual mailing address in your state, you should go with that. Obviously, this depends on what arrangement you have with your registered agent, if all addresses are in Wyoming then use the Wyoming address and let the Registered Agent forward all your mail to you. Don't forget your $50 annual report in Wyoming ;) How did you open a business paypal without an EIN? Business bank accounts? Hm... this is for liability purposes..."}
{"_id": "268261", "title": "", "text": "At this point the cost of borrowing money is very low.  For the sake of argument, say it is 1% per year for a large institution. I can either go out and find a client to invest 100,000$ and split profit and loss with them. Or, I could borrow 50,000$, pay 500$/year in interest, and get the same return and loss, while moving the market half as much (which would let me double my position!) In both cases the company is responsible for covering all fixed costs, like paying for traders, trades, office space, branding, management, regulatory compliance, etc. For your system to work, the cost to gather clients and interact with them has to be significantly less than 1% of the capital they provide you per year. At the 50% level, that might actually be worth it for the company in question.  Except at the 50% level you'd have really horrible returns even when the market went up.  So suppose a more reasonable level is the client keeps 75% of the returns (which compares to existing companies which offer larger investors an 80% cut on profits, but no coverage on losses). Now the cost to gather and interact with clients has to be lower than 2500$ per million dollars provided to beat out a simple loan arrangement.  A single sales employee with 100% overhead (office, all marketing, support, benefits) earning 40,000$/year has to bring in 32 million dollar-years worth of investment every year to break even. Cash is cheap.  Investment houses sell cash management, and charge for it.  They don't sell shared investment risk (at least not to retail investors), because it would take a lot of cash for it to be worth their bother. More explicitly, for this to be viable, they'd basically have to constantly arrange large hedges against the market going down to cover any losses.  That is the kind of thing that some margin loans may require.  That would all by itself lower their profits significantly, and they would be exposed to counter-party risk on top of that. It is much harder to come up with a pile of cash when the markets go down significantly.  If you are large enough to be worthwhile, finding a safe counterparty may be nearly impossible."}
{"_id": "268280", "title": "", "text": "Another thing to remember is that a lot of these one-off police jobs have 4 hour minimum pay requirements, even when they last half an hour (at least in Massachusetts). If you can schedule two jobs such that each one is half an hour, you could work one hour at lunch time and get paid for 8."}
{"_id": "268287", "title": "", "text": "\"This article is also light on sources. It overstates inherited wealth. People who work with rich people know the saying \"\"shirtsleeve to shirtsleeve in three generations\"\". There is a proclivity of rich descendants to squander their fortune, which totally negates a majority of this article. In sum, this article and news source insists on itself\""}
{"_id": "268289", "title": "", "text": "\"One reason is that it is not possible (at Vanguard and at many other brokerages) to auto-invest into ETFs.  Because the ETF trades like a stock, you typically must buy a whole number of shares.  This makes it difficult to do auto-investing where you invest, say, a fixed dollar amount each month.  If you're investing $100 and the ETF trades for $30 a share, you must either buy 3 shares and leave $10 unspent, or buy 4 and spend $20 more than you planned.  This makes auto-investing with dollar amounts difficult.  (It would be cool if there were brokerages that handled this for you, for instance by accumulating \"\"leftover\"\" cash until an additional whole share could be purchased, but I don't know of any.) A difference of 0.12% in the expense ratios is real, but small.  It may be outweighed by the psychological gains of being able to adopt a \"\"hands-off\"\" auto-investing plan.  With ETFs, you generally must remember to \"\"manually\"\" buy the shares yourself every so often.  For many average investors, the advantage of being able to invest without having to think about it at all is worth a small increase in expense ratio.  The 0.12% savings don't do you any good if you never remember to buy shares until the market is already up.\""}
{"_id": "268292", "title": "", "text": "Today I'd be fucking pissed. Unless the place was on fire I'd be making a scene and scowling everyone they seated ahead of us. I'd also not be caught dead in a shitty wannabe nice Italian place in Boston's north end. May as well go to Olive garden.   It was this place: https://m.yelp.com/biz/dolce-vita-ristorante-boston-2  but about fifteen years ago."}
{"_id": "268294", "title": "", "text": "\"If they directly paid for your education, it is possible that it wouldn't count as taxable income to you according to the IRS, depending on the amount: If you receive educational assistance benefits from your employer   under an educational assistance program, you can exclude up to $5,250   of those benefits each year. This means your employer should not   include those benefits with your wages, tips, and other compensation   shown in box 1 of your Form W-2. This also means that you do not have   to include the benefits on your income tax return. source: http://www.irs.gov/publications/p970/ch11.html However, your situation is a bit trickier since they are sort of retroactively paying for your education. I'd think the answer is \"\"Maybe\"\" and you should consult a tax professional since it is a gray area.  Update: On further research, I'm going to downgrade that \"\"Maybe\"\" to \"\"Probably not, but hopefully soon.\"\" The reason I am doing so is that there is a bill in Congress specifically to allow what you are asking, which presumes that you currently can't do this.  The Bill is HR Bill 395 \"\"The Student Loan Employment Benefits Act of 2013\"\" sponsored by rep Steve Israel (D). It has co-sponsors from both parties, so that is promising for it's passage, I suppose. However, it appears to be still early in the legislative process. If this issue is near/dear to your heart maybe you should call your congressman. Summary of the Bill: (from govtrack.us) Student Loan Employment Benefits Act of 2013 - Amends the Internal   Revenue Code to exclude from the gross income of an employee amounts   paid by an employer under a student loan payment assistance program.   Limits the amount of such exclusion to $5,000 in a taxable year. Requires an employer student loan payment assistance program to be a   separate written plan of an employer to provide employees with student   loan payment assistance.  Defines \"\"student loan payment assistance\"\" as   the payment of principal or interest on any indebtedness incurred by   an employee solely to pay qualified higher education expenses which   are paid or incurred within a reasonable time before or after such   indebtedness was incurred and are attributable to education furnished   during a period in which such employee was a student eligible for   federal financial assistance.\""}
{"_id": "268298", "title": "", "text": "Unique Packers and Movers, using only excellence carriers, mean you profit from improved service levels, greater suppleness, and time-definite deliveries. Our skill in transport management and planning allows us to design a solution that meets your needs and also swiftly respond to any event disorders, such as weather."}
{"_id": "268314", "title": "", "text": "Should I go see a CPA? Not unless you are filing paperwork for a corporation.  A CPA (Certified Public Accountant) is a certification required to file certain paperwork for a corporation.  In any other situation, you don't need a CPA and can just use a regular accountant.   You could conceivably go to a tax accountant, but unless you are doing something complicated (like your own business) or are rich enough that everything is complicated, you should not need to do so."}
{"_id": "268330", "title": "", "text": "That's technically true but there will still be a max level they can hit before the signal clips. Part of why commercials are so jarring is because they are heavily compressed (eliminating those peaks and  valleys and basically making the entire commercial blare at just below the max volume) vs a movie or tv show that would use more dynamic range of volume levels."}
{"_id": "268336", "title": "", "text": "Quite the exaggeration, but this is to be expected when a million new regulations are introduced. People are still feeling out the market and are unsure how it will react. If this continues until the winter and we actually see PRICES fall then theres some merit, otherwise its all clickbait."}
{"_id": "268339", "title": "", "text": "Former Walmart associate here. As long as you have a receipt and it hasn't been more than 90 days, they will take back almost anything. I've seen stained baby clothes and totally destroyed sneakers written off so that the customer could have their full refund."}
{"_id": "268356", "title": "", "text": "\"Well, one could almost instead think of it as a swap, with no set maturity date. While it might not make sense for most investors, it could be useful to, say, a restaurant or someone who simply *really* likes wines.   But yes, from the \"\"mechanics\"\" of it, it doesn't make sense. It'd be close to a royalty in that way; taking physical inventory instead, thus costs are there, revenue isn't.   I'll flesh it out a bit more mentally, but meh. Just an off-the-wall thought.\""}
{"_id": "268359", "title": "", "text": "Uber: currently they recognize 100% of the cost of a UberPool ride as revenue.  The amount the drivers keep is a cost of sales.  Under the new rules, they would only recognize as revenue the amount that goes to Uber (same as on the solo rides).  The net impact is a material reduction in revenue and no impact on profits or cash flow.  Tech.  The accounting rule changes will cause companies to recognize more revenue early on, and less expenses.  Both of these things will increase their accounting profits.  There is no impact on cash flow."}
{"_id": "268379", "title": "", "text": "To make matters worse, many, perhaps most, of the common POS systems seem to be based on Windows XP and are running AV, neither of which have ever been updated. Merchants have no idea how much they're at risk. Fortunately, there are non-Windows POS systems, and POS that will run on newer versions of Windows. But merchants have to demand those."}
{"_id": "268383", "title": "", "text": "There is no distribution limit, only a contribution limit.  You can empty your HSA completely without tax or penalty, as long as the expenses are used for eligible medical expenses. In addition, you can reimburse yourself in the future for expenses that you have now, as long as you have an HSA account in place.  For example, you said that your dental bill was $3500, and you only had $3300 in your HSA, so you emptied your HSA and paid the rest from your checking account.  When you do get more money in the HSA, even if it isn't until next year, you can reimburse yourself for the $200 that you had to pay out of pocket on your dental bill.  And if you don't have enough money in your HSA this year to cover all of your birth expenses (congrats, by the way), you can reimburse yourself in a future year. Just make sure you keep good records on what the distributions were used for, in case you get audited."}
{"_id": "268385", "title": "", "text": "Best Buy spent the better part of a 15 years fleecing customers on price and inexperienced staff overselling what people don't need. That leaves a lasting memory and word of mouth. You can't just undo nearly 2 decades of poor service with a different campaign. Those memories and experiences are powerful factors in deciding where to shop."}
{"_id": "268395", "title": "", "text": "Log in to kotak securities demat account. THere, you can find statement of your sell purchase and dividend received."}
{"_id": "268423", "title": "", "text": "Yes, to change which stocks you owe you need to sell one and buy the other, which for tax purposes means taking the profit or loss accrued up to then. On the other hand this establishes a new baseline, so you will not be double-faced on those gains. It just makes a mess of this year's tax return, and forced you to set aside some if the money to cover that."}
{"_id": "268432", "title": "", "text": "They have, several times (BOS, the Boston Celtics, seems like the most famous such IPO in the US).  They seem to always go private again after a while, though.   Just another company... Really not much to say about it."}
{"_id": "268433", "title": "", "text": "If you keep the account in your name only and your girlfriend is depositing money into it, then she is in effect making gifts of money to you. If the total amount of such gifts exceeds $14K in 2014, she will need to file a gift tax return (IRS Form 709, due April 15 of the following year, but not included with her Federal tax return; it has to be sent to a specific IRS office as detailed in the Instructions for Form 709). She would need to pay gift tax (as computed on Form 709) unless she opts to have the excess over $14K count towards her Federal lifetime combined gift and estate tax exclusion  of $5M+ and so no gift tax is due.  Most estates in the US are far smaller than $5 million and pay no Federal estate tax at all and for most people, the reduction of the lifetime combined... is of no consequence.  Another point (for your girlfriend to think about): if you two should break up and go your separate ways at a later time, you are under no obligation to return  her money to her, and if you do choose to do so, you will need to file a gift tax return at that time. If you will be returning her contributions together with  all the earnings attributable to her contributions, then keep  in mind that you will have paid income taxes on those earnings all along since the account is in your name only.  Finally, keep in mind that the I in IRA stands for Individual and your girlfriend is not entitled to put her contributions into your IRA account. Summary: don't do this (or open a joint account as tenants in common) no matter how much you love each other. She should open accounts in her name only and make contributions to those accounts."}
{"_id": "268465", "title": "", "text": "How generally when there is a discussion over man-made climate change you'll see it presented as one person per side, when in actuality the scientific consensus is 97% in favor, 3% against?   I'm not a climate scientist, so I look to the scientific community for answers. They have spoken. I take it you're not a scientific scientist, but have somehow concluded that those professionals are wrong?"}
{"_id": "268483", "title": "", "text": "We'll see. There are about 10 battery breakthroughs announced every month. None of them has broken out of the lab yet.  Plus Elon makes a valid point: If you have a breakthrough tech, you'll probably try and sell it to the world's largest battery manufacturer: Panasonic/Tesla. Plus, they both have teams dedicated to mapping and pursuing all supposed breakthroughs and advances. While all this does not 100% guarantee that Toyota's boast is bullshit, it makes it likely."}
{"_id": "268485", "title": "", "text": "I have two different thoughts on this subject."}
{"_id": "268489", "title": "", "text": "\"The retailer can sell for whatever price they like, with the caveats that if they consistently sell at a loss they will go out of business and if they set the price too high they will not sell anything! As you mentioned, RRP is only a recommended price, the manufacturer cannot enfore it at all for legal reasons. Having said that I used to work in retail (not cars) and if we discounted a certain manufacturers products and they found out about it, we would find they had suddenly run out of stock when we tried to order more. So manufacturers do have some control over this type of thing depending on how \"\"underhand\"\" they want to be about it. My background is in retail management but not selling cars, but my understanding is the law regards RRP is the same.\""}
{"_id": "268490", "title": "", "text": "If you pay your statement balance in full before the due date you will never pay a cent in interest no matter what your interest rate is.*  In fact, I don't even know what my interest rates are. Credit card companies offer this sort of thing in the hopes you will spend more than you can afford to pay completely in those first 15 months.  * Unless you use a cash advance, with those you will accrue interest immediately upon receiving the cash sometimes with an additional fee on top."}
{"_id": "268540", "title": "", "text": "I'm curious, so i'm going to calculate it for my area. I'm in an average priced metro and a 2 bedroom apartment out here is going to cost you at least $1400 (700 each with a roomie), and that's if you go ~45 minutes from downtown. it doesn't really drop off any more than that the further you go out. You'll also still need renters insurance, and to cover half the utilities. Lets tack on another $75 here, conservatively. At that far out, you need a car, and the insurance, gas, and maintenance costs that go with it. Assuming you go with something cheap, say $5k, with a payment around $120 a month. +$60 a month for insurance, another $60 for gas, and accruing $30 a month for maintenance. You're going to need a cell phone, and if you're on a plan alone it's not cheap with the big 4 providers, so you'll go with someone smaller for $50 a month, even though the service is mediocre. You'll need to eat, so being cheap and buying store brands and sale items, you get your groceries down to $120 a month. So that should cover the bottom level of Maslov's pyramid, which is far from glamorous. That puts your living costs at $1215 a month. Being that it is a major metro, minimum wage within the city is $9.30. Assuming you have a job that's 40 hours a week, that puts you at $1488 a month before taxes are withheld. Since you make so little, taxes would only be around $214 a month.That leaves $49 for saving/spending/emergencies. I live in a state that has very good support for the ACA as well, so the $300 credit roughly covers the cost of the monthly premium. The deductible is obviously still impossible to pay, but you don't get hit with the penalty at year end and the hospital still gets mostly paid, and you might just be able to avoid bankruptcy if the hospital is willing to negotiate the payment plan with you.  So what are the conclusions here? It's possible to skate by for a short while, assuming you can live without any social life, stay healthy, and have no emergencies.  You also need the self discipline of a Buddhist Monk, and to live in an area that supports a minimum wage relative to living costs and the ACA."}
{"_id": "268553", "title": "", "text": "\"When you invest in a property, you pay money to purchase the property. You didn't have to spend the money on the property though - you could have invested it in the stock market instead, and expected to make a 4% annualized real rate of return or thereabouts. So if you want to know whether something's a \"\"good investment\"\", ask whether your annual net income will be more or less than 4% of the money you put into it, and whether it is more or less risky than the stock market, and try to judge accordingly. Predicting the net income, though, is a can of worms, doubly so when some of your expenses aren't dollar-denominated (e.g. the time you spend dealing with the property personally) and others need to be amortized over an unpredictable period of time (how long will that furnace repair really last?). Moreover your annualized capital gain and rental income is also unpredictable; rent increases in a given area cannot be expected to conform to a predetermined mathematical formula. Ultimately it is impossible to predict in the general case - if it were possible we probably would have skipped that last housing bubble, so no single simple formula exists.\""}
{"_id": "268560", "title": "", "text": "I am saying despite the terrible news this week for Sears. Over the past 10 years until now the stock and financials are up 119%. So while the news yesterday was pretty darn bad, they have been in an even worse position 10 years ago and recovered."}
{"_id": "268564", "title": "", "text": "The hard part is where you kind of need to already be famous for it to work. Small bands and other artists have been directly selling albums and merch for decades, but unless you're already in the mainstream it's pretty tough to make any money doing it."}
{"_id": "268581", "title": "", "text": "\"Glancing through that link, what exactly do you want me to read?  The changes to inflation under Clinton were made to made to more accurately account for inflation, so if anything things are more accurate now than in 1950. The precise details of the changes are documented on the BLS website somewhere, but the short of it is that the old inflation definition had the problem where if prices went up (or down) and then back to original, you would still have inflation, which is incorrect. The changes lessen this effect. Many independent groups like the billion price project agree that the current BLS methods for measuring inflation is more correct than the older methods and match actual pricing better. Note that the billion prices index does not include hedonics as far as I know, and in practice the amount of goods to which hedonics applies in the CPI basket is so small as to not matter much anyways. Finally, the idea is sound - one should account for improvments to products as adding value, so comparing a 20\"\" TV from 1970 to one today needs more than merely retail price to evaluate price increases - onc certainly gets more TV than back then.  If you have claims otherwise I'd like to hear them. Until then I suspect we more accurately measure GDP and inflation than in 1950, not less accurately.  All this still does not show there is more \"\"fudging of the numbers\"\" than in 1950 and the poster above you said. It seems he's making excuses to obtain an aswer he desires, rather than the correct approach which is to measure carefully and then think what it means.  And no one here said GDP was a universal measure of economic health.\""}
{"_id": "268584", "title": "", "text": "\"I'm another programmer, I guess we all just like complicated things, or got here via stackoverflow. Obligatory tedious but accurate point: Investing is not personal finance, in fact it's maybe one of the less important parts of it. See this answer: Where to start with personal finance?  Obligatory warning for software developer type minds: getting into investing because it's complicated and therefore fun is a really awful idea from a financial perspective.  Or see behavioral finance research on how analytical/professional/creative type people are often terrible at investing, while even-tempered practical people are better. The thing with investing is that inaction is better than action, tried and true is better than creative, and simple is better than complicated. So if you're like me and many programmers and like creative, complicated action - not good for the wallet. You've been warned. That said. :-) Stuff I read In general I hate reading too much financial information because I think it makes me take ill-advised actions. The actions I most need to take have to do with my career and my spending patterns. So I try to focus on reading about software development, for example. Or I answer questions on this site, which at least might help someone out, and I enjoy writing. For basic financial news and research, I prefer Morningstar.com, especially if you get the premium version. The writing has more depth, it's often from qualified financial analysts, and with the paid version you get data and analysis on thousands of funds and stocks, instead of a small number as with Motley Fool newsletters. I don't follow Morningstar regularly anymore, instead I use it for research when I need to pick funds in a 401k or whatever. Another caveat on Morningstar is that the \"\"star ratings\"\" on funds are dumb. Look at the Analyst Picks and the analyst writeups instead. I just flipped through my RSS reader and I have 20-30 finance-related blogs in there collecting unread posts. It looks like the only one I regularly read is http://alephblog.com/ which is sort of random. But I find David Merkel very thoughtful and interesting. He's also a conservative without being a partisan hack, and posts frequently. I read the weekly market comment at http://hussmanfunds.com/ as well. Most weeks it says the market is overvalued, so that's predictable, but the interesting part is the rationale and the other ideas he talks about. I read a lot of software-related blogs and there's some bleed into finance, especially from the VC world; blogs like http://www.avc.com/ or http://bhorowitz.com/ or whatever. Anyway I spend most of my reading time on career-related stuff and I think this is also the correct decision from a financial perspective. If you were a doctor, you'd be better off reading about doctoring, too. I read finance-related books fairly often, I guess there are other threads listing ideas on that front. I prefer books about principles rather than a barrage of daily financial news and questionable ideas. Other than that, I keep up with headlines, just reading the paper every day including business-related topics is good enough. If there's some big event in the financial markets, it'll show up in the regular paper. Take a class I initially learned about finance by reading a pile of books and alongside that taking the CFP course and the first CFA course. Both are probably equivalent to about a college semester worth of work, but you can plow through them in a couple months each if you focus. You can just do the class (and take the exam if you like), without having to go on and actually get the work experience and the certifications. I didn't go on to do that. This sounds like a crazy thing to do, and it kind of is, but I think it's also sort of crazy to expect to be competent on a topic without taking some courses or otherwise getting pretty deep into the material. If you're a normal person and don't have time to take finance courses, you're likely better off either keeping it super-simple, or else outsourcing if you can find the right advisor: What exactly can a financial advisor do for me, and is it worth the money?  When it's inevitably complex (e.g. as you approach retirement) then an advisor is best. My mom is retiring soon and I found her a professional, for example. I like having a lot of knowledge myself, because it's just the only way I could feel comfortable. So for sure I understand other people wanting to have it too. But what I'd share from the other side is that once you have it, the conclusion is that you don't have enough knowledge (or time) to do anything fancy anyway, and that the simple answers are fine. Check out http://www.amazon.com/Smart-Simple-Financial-Strategies-People/dp/0743269942 Investing for fun isn't investing for profit Many people recommend Motley Fool (I see two on this question already!). The site isn't evil, but the problem (in my opinion) is that it promotes an attitude toward and a style of investing that isn't objectively justifiable for practical reasons. Essentially I don't think optimizing for making money and optimizing for having fun coexist very well. If investing is your chosen hobby rather than fishing or knitting, then Motley Fool can be fun with their tone and discussion forums, but other people in forums are just going to make you go wrong money-wise; see behavioral finance research again. Talking to others isn't compatible with ice in your decision-making veins. Also, Motley Fool tends to pervasively make it sound like active investing is easier than it is. There's a reason the Chartered Financial Analyst curriculum is a few reams of paper plus 4 years of work experience, rather than reading blogs. Practical investing (\"\"just buy the target date fund\"\") can be super easy, but once you go beyond that, it's not. I don't really agree with the \"\"anyone can do it and it's not work!\"\" premise, any more than I think that about lawyering or doctoring or computer programming. After 15 years I'm a programming expert; after some courses and a lot of reading, I'm not someone who could professionally run an actively-managed portfolio. I think most of us need to have the fun part separate from the serious cash part. Maybe literally distinct accounts that you keep at separate brokerages. Or just do something else for fun, besides investing. Morningstar has this problem too, and finance.yahoo.com, and Bloomberg, I mean, they are all interested in making you think about investing a lot more than you ought to. They all have an incentive to convince you that the latest headlines make a difference, when they don't. Bottom line, I don't think personal finance changes very quickly; the details of specific mutual funds change, and there's always some new twist in the tax code, but the big picture is pretty stable. I think going in-depth (say, read the Chartered Financial Analyst curriculum materials) would teach you a lot more than reading blogs frequently. The most important things to work on are income (career) and spending (to maximize income minus spending). That's where time investment will pay off. I know it's annoying to argue the premise of the question rather than answering, but I did try to mention a couple things to read somewhere in there ;-)\""}
{"_id": "268597", "title": "", "text": "Depends on the insurance company itself, as well as the costs of treatments. Imagine an ideal scenario where costs of treatments stayed the same, and that all insurance plans were segregated and pulled from the same pool of funds to pay for treatments. Then employer subsidized health insurance plans would be unaffected by the drama in the ACA plans. Those are the factors to consider, from my understanding. But I wouldn't be surprised if the burdens of accepting people that would previously never have been serviced by these companies has greatly distorted the market as a whole."}
{"_id": "268620", "title": "", "text": "A company is only as good as its business. No matter whether that business is direct, indirect, or simply leasing an idea, you will need sales and marketing expertise. Selling a better commodity is still selling a commodity, and avoiding basic marketing is not how you generate interest. Take the advice of others here and educate yourself. Work in the field, take a class, do something to further your understanding."}
{"_id": "268634", "title": "", "text": "&gt; As you know, in 8 years Obama never achieved GDP over 3%.  I'm curious if you actually believe that or are you intentionally spreading falsehoods.  You might want to look at 2009 Q4, 2010 Q2, 2011 Q3, 2013 Q4, 2014 Q2, 2014 Q3, or 2015 Q1."}
{"_id": "268640", "title": "", "text": "The New York Times has a useful rent-vs-buy calculator.  Based on your numbers, it suggests buying makes sense if you stay in the house for 5 years or more.  This is just based on default values for various other parameters, though, like mortgage interest rate, rent increase rate, etc.  You could try playing around with the numbers.  Also as other answerers said, maintenance costs, closing costs, etc., should be factored in. If renting it out is a possibility even if you move out, it could be a better deal.  One thing to think about renting-wise is, if you move out, where are you likely to move to?  If you move far away, it could be impractical to manage the property as a rental.  You could hire someone else to do that, but that would reduce your income from the rent.  On the other hand, if you stay in LA, it could be feasible to manage the property yourself. Another key factor is, what rent would you be able to charge for this house?  If you can make enough in rent to cover the mortgage payment, you may be in good shape; but due to overpriced real estate markets, sometimes you won't be able to do that, which would mean renting it might not be cost-effective."}
{"_id": "268653", "title": "", "text": "\"Hence why keeping the capital gains tax rate down is not such a bad idea. Sure, it may benefit \"\"rich\"\" people, but it will also allow RESPONSIBLE low and middle class income families to reinvest their capital gains and accumulate more wealth.\""}
{"_id": "268678", "title": "", "text": "\"Money relationships are the opposite of friend relationships. That's why there's so much danger in loaning money to a friend - if the transaction doesn't work out well for one of you, it can destroy the friendship. Many of the answers here suggest you be prepared for the possibility that your friend will not pay you back. This is called a \"\"gift\"\". Give your friend the money, and trust that they will feel grateful. That gratitude will create generosity, and they will in turn seek to give gifts to you and to others in your circle. If you're not ready to give money to your friend, then you're better off not doing it. If you are ready to give money to your friend, then do it without expectation of return.\""}
{"_id": "268699", "title": "", "text": "Ok. I'll ask - Does the job offer a 401(k)? Matching deposits? You see, the answers given depend on your risk tolerance. There are two schools of thought, one extreme will tell you not to start investing until you have the emergency fund set up, the other, start from day one. I accept there are pros and cons to either approach.  But - if you have access to a matched 401(k), even a conservative, risk-adverse approach might agree that a 100% match (on the first say 5% of your income) is preferable to saving in a low return emergency fund. If the emergency occurs, a low interest loan for the need is a cheap way out. Since the money goes in pre-tax and is matched, being able to borrow out half (IRS rules) effectively lets you borrow more than you deposited out of pocket. And the word emergency implies a low occurrence event. Deposit to the match and start the emergency fund in another account.  If no matched 401(k) at work, the other two answers are great.  Edit - To clarify, and answer a comment below - say the risk isn't just a money emergency, but job loss. $1000 deposited to the 401(k) cost $850 out of pocket, assuming 15% bracket. After the match, it's $2000. After the job loss, if this is withdrawn, if the 15% still applies (it may be 10% or even 0%) the net is $1700 less the 10% penalty, or $1500 back in your pocket.  There are those who will say they are just not comfortable running an emergency account so lean, I understand that. For the OP here, $800/mo is nearly $10,000 per year. If even half of that can be deposited pre-tax and matched, the account will grow very quickly and there would still be cash on the side."}
{"_id": "268731", "title": "", "text": "I like that you are hedging ONLY the Roth IRA - more than likely you will not touch that until retirement.  Looking at fees, I noticed Vanguard Target retirement funds are .17% - 0.19% expense ratios, versus 0.04 - 0.14% for their Small/Mid/Large cap stocks."}
{"_id": "268747", "title": "", "text": "Use one journal entry, and split the expenses into the appropriate accounts. This can happen even if you never mix business and personal on the same receipt: say you order office supplies (which where I live are immediately deductible as an expense) and software or hardware (which must be depreciated because they are assets) on the same order. We have an account called Proprietors Loan which represents money the company is lending to the humans who own it, or that the humans are lending to the company. Were I to pay for my personal lunch on a business credit card, it would go through that account, increasing the amount the company has lent me or decreasing the amount I have lent it. Similarly if I made a business purchase with a personal card it would go through that account in the other direction. Where I live, I can lend my company all the money I want any time, but if the company lends me money there can't be an outstanding balance over the corporate year end. If you make two credit card entries of 5 and 10 when you go to reconcile your accounts it will be harder because you'll have to realize they together match the single 15 line on your statement. Making a single entry (your A option) will make reconciling your statement much easier. And that way, you'll probably reconcile your statements, which is vital to knowing you actually recorded everything."}
{"_id": "268758", "title": "", "text": "Fennex Augmented Hearing is the best Hearing App on the appstore at the moment, it is fulll of features, i already tried , and after a little hearing test you are ready to better hear to the sounds around you, it works great both with earbuds and airpods."}
{"_id": "268772", "title": "", "text": "I'm staring at this chart and asking myself, How long a period is enough to have an average I'd be happy with regardless of the direction the market goes?  3 years? 4 years? Clearly, a lump sum investment risks a 2000 buy at 1500. Not good. Honestly, I love the question, and find it interesting, but there's likely no exact answer, just some back and forth analysis. You're investing about $40K/yr anyway. I'd suggest a 4 year timeframe is a good time to invest the new money as well. Other folk want to offer opinions? Edit - with the OP's additional info, he expects these bonuses to continue, my updated advice is to DCA quarterly if going into assets with a transaction fee or monthly if into a no-fee fund, over just a one year period."}
{"_id": "268777", "title": "", "text": "I think you're off base here.  The bureaus only remove information if the creditor cannot verify any dispute within 30 days, or if the information's super old.  If the creditor can provide corrected information, then the credit bureau is required to apply it to its own database.  A dispute can be about the entire account, or it can be about payment status within a given span (or spans) of time. Of course, it's the consumer who has to initiate the dispute."}
{"_id": "268802", "title": "", "text": "Without commenting on your view of the TV market:  Let's have a look at the main ways to get negative exposure:  1.Short the stocks  Pros: Relatively Easy Cons: Interest rate, costs of shorting, linear bet    2.Options  a. Write Calls b. Buy puts  Pros: Convexity, leveraged, relatively cheap Cons: Zero Sum bet that expires with time, theta  3.Short Stock, Buy Puts, Write Calls  Short X Units of each stock, Write calls on them , use call premiums to finance puts.  Pros: 3x the power!, high kickout Cons: Unlimited pain"}
{"_id": "268835", "title": "", "text": "I don't think it's all or none. First, 15 year mortgages are sub-3% right now, even for an investment property you'd get under 4%. shop around, do the math, a 1% drop is $1000 a year to start, nothing to sneeze at.  Don't let the tax tail wag the decision dog. If you could invest the $100K at a taxable 5.5% in this economy, you would. In this case, that's your return on prepayments on this mortgage. Personally, I'd like to see a refinance and pay down of principal so the cash flow is at least positive.  Beyond that, you need to decide how much cash you're comfortable having or not having in savings. I'd also consider when to start investing long term, in equities. (low cost ETFs is what I prefer)."}
{"_id": "268849", "title": "", "text": "Look for offers for 0% (or low) APR on balance transfers. It is more likely to get a promotional APR on balance transfer, than to lower the APR you already have. Of course, try to pay off the balance as long as you're in the period of the promotion, because otherwise you'll end up paying the high rate again. If you cannot get such an offer (low credit etc) - then just try to pay off ASAP and start rebuilding your credit, not much workarounds there. BTW: When you consider the balance transfer promotions - look at 3 things: The promotion period - when it ends, so that you'd know how much time you have to pay it off. The balance transfer fee - usually the balance transfer itself is not free, and you pay 3-5% on the transfer. If you have 0% APR for 12 months, it makes it effectively 5% APR (for the 5% fee), if the period is lesser - the APR is higher. Take that into the account. The APR after the promotion, in case you can't pay off in that time frame."}
{"_id": "268855", "title": "", "text": "I mean, I'm not saying people *need* sex, I think thats stupid to assume, but to say you need to have a lot of money before kids will set us up for failure. Already, the younger generations (i.e. millennials and younger) will have to deal with a low birthrate that will be a huge problem once they hit geriatric age. Not having kids means you'll likely need some form of nursing care, but if no one else is having kids either then who's going to staff nursing homes?  I'm not supporting people having kids either willy-nilly just for an illusion of comfort for when they're old. People of all classes were able to have kids back in the day and just saying 'you can't have that anymore' doesn't sit right just because the system is fucked up. This is something that needs to be fixed, not just a bandaid thrown on it, saying 'just don't have kids lol'"}
{"_id": "268865", "title": "", "text": "The fact that your ex is on the mortgage limits their ability to get more loans. While you have been making the payments on time, if you had any problems making those payments it would have also impacted their credit score. It is understandable that they would like to be released from the mortgage. The options that they have are limited. You would have to refinance the mortgage. Lenders don't just drop borrowers from a mortgage, unless they have determined that the remaining people on the mortgage can make the payments. Besides the mortgage ownership documents were probably filed with the local government. The refinancing process will require a signature by your ex, unless the earlier agreement documents removed your ex as an owner, and those were filed with the authorities. Regarding an exchange of funds: it can be negotiated. An attempt was done with the earlier agreement. If the documents that were signed are proof of the agreement can't be determined by the internet. How this is settled, is outside the scope of this site. It depends on what documents have been signed in the past; the jurisdiction involved; And the state of the relationship at the time of the purchase and at the time of the refinancing."}
{"_id": "268883", "title": "", "text": "Usually you want two consecutive quarters before declaring a recession.   This blog doesn't reference any seasonal adjustment; a one or two month decline may be to any number of reasons. E.g. labor numbers dropped this month largely attributed to weather. I only see screen shots of excel sheets, I'm not willing to invest any time into parsing that out :("}
{"_id": "268895", "title": "", "text": "\"I think this advice to carry a balance each month is nonsense.  You're just wasting money that way.  Personally, I have always paid off my credit cards every month for as long as I can remember, and my credit score is only 8 points below the max.  The bigger factors by far are: It might be good advice to charge a small amount each month on your credit cards each month in order to keep seldom-used accounts active (remember, longer payment history is better), but there's no reason not to pay off the balance to avoid the interest charges.  In short, the \"\"ideal balance\"\" to carry month-to-month on a credit card is zero.\""}
{"_id": "268914", "title": "", "text": "&gt; The racial angle at the end cheapens your argument, though.   Thanks for pointing that out. Removed race and replaced with 'low income families'   &gt; The principles behind creating and keeping those entities are reasonable, civilized, and economically sound  I disagree 100%. If banks did not have a big brother to bail them out of loans that went bust whenever they wanted, they would be a lot more careful in who they loaned money too. No one is promised a house and a lawn in this life. Some of us will be renters in apartments for life, and there is nothing wrong with that."}
{"_id": "268926", "title": "", "text": "Will strongly vouch for this. Ray Dalio gives you the macro view in that video, while Ackman gives more of the micro view. Would highly recommend watching them both in the same sitting, particularly for somebody who is just entering their study of finance"}
{"_id": "268939", "title": "", "text": "Coffee? Besides the $1 promotion, what's so damn special about it? It tasted like someone tried to cut mediocre coffee with water last time I had it. Not that I even know where I could even get Burger King, but doesn't BK sell Seattle's Best, aka, Starbucks?"}
{"_id": "268965", "title": "", "text": "There are different levels of unemployment, U3 is the official number and that only includes people who are actively seeking for work. U4 is one level above and that includes U3 + discouraged workers who are unemployed and not actively looking for work for various reasons like they went back to school or they've just given up."}
{"_id": "268966", "title": "", "text": "Prop (proprietary) traders trade using huge amounts of a bank's money (i.e. other people's money) so the reason why they have such low commissions (and they certainly do) is that the firms for which they work negotiate low commissions as the quantities and volumes (as they also trade very frequently) will be high and so the total commission will be very high. There is no such thing as a prop trading account unless you are a big bank with a very large bank roll (tens of millions of USD) so you cannot open one to enjoy those benefits unless you have enough money that you can negotiate your commission with brokers. 25k CAD is definitely not enough money to even start a conversation about those sorts of commissions. note: prop traders are generally banned from trading intraday with their own money by their employers and the law as it is a massive conflict of interests. Those who do and get caught face lengthy prison sentences."}
{"_id": "268974", "title": "", "text": "\"I think you're thinking too micro and not macro enough.  The main reason we buy things from foreign countries is not because we don't have the CAPACITY to produce them here, it's because they are waaaaay CHEAPER when produced offshore (mostly due to negligible labor costs).  And don't get all straw man on us: of course there is demand here in the US. No Keynesian would literally suggest that there is \"\"no demand\"\". We are still the largest economy in the world. The problem is that there is not ENOUGH demand to employ a sufficient percentage of the workforce.\""}
{"_id": "268989", "title": "", "text": "Pretty much. There is an executive trying decide between a trader who has made the firm millions in the past few years and a quant who costs him a 6 figure salary but doesn't pull in any revenue. Then on top of it the quant is talking mathematics which the executive doesn't even know in the first place. Who is executive going to side with?"}
{"_id": "268992", "title": "", "text": "I use Banktivity.  It's very much not free, but it automatically downloads all my bank and credit card activity and has excellent reporting options."}
{"_id": "269006", "title": "", "text": "Not exactly nonfiction, but [Reminiscences of a Stock Operator](https://en.wikipedia.org/wiki/Reminiscences_of_a_Stock_Operator) is a can't-skip portrait of the very early days of Wall Street (early 20th century). It's a narrative memoir, not a work of analysis, which makes it an easy read.   If you're looking for something more analytical and recent (but not too recent), the can't-skip recommendation I would make is Burton Malkiel's [A Random Walk Down Wall Street](https://en.wikipedia.org/wiki/A_Random_Walk_Down_Wall_Street).   If you're looking for something more in the biographical range, I'd look for a biography of the man who's had the most influence on the theory of portfolio construction, [Harry Markowitz](https://en.wikipedia.org/wiki/Harry_Markowitz). I don't have any titles to recommend here, although [this brief biography](http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1990/markowitz-bio.html) might help you decide how to proceed."}
{"_id": "269025", "title": "", "text": "I'm more of a free market man myself. BUT, I do understand the balance of regulations, the problem is heavily regulating can actually cause market failure as well. There is a balance some where, as to what the laws say today? I'm not sure, but I think they should be altered. Commercial military isn't a bad thing they pay good wages to ex rangers and SF guys as far as I'm concerned. There's always going to be good business decisions that aren't good for humans, look at how people are massively advertised to, Companies pay psychologist just to figure out better ways to market. It's about getting people more informed, so that those negative companies die out from demand declining. This is how you keep an economy stable, when you are changing laws left and right it causes more speculation."}
{"_id": "269038", "title": "", "text": "Sure: right after you pay for all things that one NEEDS.  What is left over should be for WANTS.    Not the other way around.    You are essentially telling people that do useful things that they should get paid very little...not a good message.  It shouldn't be the outlier medical care, scientists, and engineers that are actually making the world a better place to get paid extremely well."}
{"_id": "269043", "title": "", "text": "If you are restricting yourself to Scotiabank (Both retail banking and iTrade), your choices are pretty limited.  If you are exchanging more than CAD$25,000 to EUR without margin, you can call Scotiabank and ask for a quote with much lower spread than the published snapshots.  The closest ETF that you are talking about is RWE.B on TSX, which is First Asset MSCI Europe Low Risk Weighted ETF (Unhedged). You will be exposed to huge equity market risk and you should do it only if you intend to hold it for 3-5 years.  Another way of exchanging cash is without opening an account is through a currency exchange broker (search \u201ctoronto currency exchange\u201d for relevant companies). First you send an email asking for a quote for the amount you wanted, then you send the CAD to them via cheque, and they would convert to EUR and deposit it to your EUR account at Scotiabank (retail banking). This method costs around 0.7% compared to 2.5% charged by Scotiabank. An example of these brokers is Interchange Currency Exchange in Toronto.  If you are hedging more than 125000 EUR, the proper method is to open an account that supports trading Currency Futures on Globex (US CME group). You can long Euro/Canadian Dollar Futures on margin.  The last method is to open an account at Interactive Brokers, put CAD in it, then borrow more CAD to buy EUR. This method costs a few dollars upon trading and the spread is negligible. You need to pay 2.25% per year margin interest through."}
{"_id": "269055", "title": "", "text": "First off, I do not recommend buying individual bonds yourself. Instead buy a bond fund (ETF or mutual fund). That way you get some diversification.  The risk-reward ratio will be evident in what you find to invest in. Junk bond funds pay the highest rates. Treasury bond funds pay the lowest. So you have to ask yourself how comfortable are you with risk?  Buy the funds that pay the highest rate but still let you sleep at night."}
{"_id": "269057", "title": "", "text": "I'd imagine that an 'emotionless' environment (maybe not the best word to describe it) will mean that people with autism (substitute this with any other attribute such as looks, gender, nationality, skin color, etc.) are less hindered in advancing, thus one should expect that more of them would congregate in in an environment that is welcoming to their natural bias.   I don't have any opinion on the subject, rather I have lots of questions."}
{"_id": "269061", "title": "", "text": "The ex-dividend date is the first date on which you may sell without losing your dividend.  In this case that date is August 5th (thanks, Victor).  The price opens on the ex-dividend date lower than it closed on the previous day (by the amount of the dividend). Therefore you may sell any time on August 5th (including during pre-market trading) and still get the dividend. You must be the owner of the stock as of the end of after-hours trading on the 4th (and therefore overnight) in order to get the dividend. Intel's Dividend Dates The record date isn't important to your trading decision."}
{"_id": "269064", "title": "", "text": "\"That depends on how you're investing in them. Trading bonds is (arguably) riskier than trading stocks (because it has a lot of the same risks associated with stocks plus interest rate and inflation risk). That's true whether it's a recession or not. Holding bonds to maturity may or may not be recession-proof (or, perhaps more accurately, \"\"low risk\"\" as argued by @DepressedDaniel), depending on what kind of bonds they are. If you own bonds in stable governments (e.g. U.S. or German bonds or bonds in certain states or municipalities) or highly stable corporations, there's a very low risk of default even in a recession. (You didn't see companies like Microsoft, Google, or Apple going under during the 2008 crash). That's absolutely not the case for all kinds of bonds, though, especially if you're concerned about systemic risk. Just because a bond looks risk-free doesn't mean that it actually is - look how many AAA-rated securities went under during the 2008 recession. And many companies (CIT, Lehman Brothers) went bankrupt outright. To assess your exposure to risk, you have to look at a lot of factors, such as the credit-worthiness of the business, how \"\"recession-proof\"\" their product is, what kind of security or insurance you're being offered, etc. You can't even assume that bond insurance is an absolute guarantee against systemic risk - that's what got AIG into trouble, in fact. They were writing Credit Default Swaps (CDS), which are analogous to insurance on loans - basically, the seller of the CDS \"\"insures\"\" the debt (promises some kind of payment if a particular borrower defaults). When the entire credit market seized up, people naturally started asking AIG to make good on their agreement and compensate them for the loans that went bad; unfortunately, AIG didn't have the money and couldn't borrow it themselves (hence the government bailout). To address the whole issue of a company going bankrupt: it's not necessarily the case that your bonds would be completely worthless (so I disagree with the people who implied that this would be the case). They'd probably be worth a lot less than you paid for them originally, though (possibly as bad as pennies on the dollar depending on how much under water the company was). Also, depending on how long it takes to work out a deal that everyone could agree to, my understanding is that it could take a long time before you see any of your money. I think it's also possible that you'll get some of the money as equity (rather than cash) - in fact, that's how the U.S. government ended up owning a lot of Chrysler (they were Chrysler's largest lender when they went bankrupt, so the government ended up getting a lot of equity in the business as part of the settlement). Incidentally, there is a market for securities in bankrupt companies for people that don't have time to wait for the bankruptcy settlement. Naturally, people who buy securities that are in that much trouble generally expect a steep discount. To summarize:\""}
{"_id": "269069", "title": "", "text": "I had some friends that, when their daughters hit high school, gave them $100 on the first of each month. And that was it. They had to buy their clothes, their school supplies, their lunches and anything else that they wanted out of that $100. Those were three of the most responsible, mature teenage girls you will ever meet."}
{"_id": "269077", "title": "", "text": "It is called trailing interest, and you can read about it [here](http://www.extracreditcards.com/trailing-interest/).  edit: IIRC, the argument is that resulting total interest charges are lower for the customer calculating the interest this was as apposed to whatever the alternative is. The sneakiness is that you don't expect to owe another $1.50 on the next statement, neglect to remit the payment on it, and boom, late fee. I used to encourage my clients to overpay their account when trying to achieve a payoff."}
{"_id": "269085", "title": "", "text": "Not in even one of those countries you listed is it required to purchase healthcare insurance. Not to mention: this comparison that's always made to other countries always leaves out the fact that the majority of medical innovation comes from the US. Take away the incentive to make money and you take away that innovation."}
{"_id": "269108", "title": "", "text": "In 1970, lots of people supported one senior on Social Security.   Now, comparatively few people support that one senior.  In the future, demographic projections say we're going to get to the point where there's more than one senior on Social Security per working taxpayer.  This is expected to be a Problem, since it's a lot easier for a government to pay for one $5k Social Security check on five peoples' $3k tax payment than it is for them to pay for one $5k SS check on three peoples' $3k tax payment, and everyone's scratching their head wondering how they're going to pay for one $5k SS check on one person's $3k tax payment.  (These numbers are of course made up, intended more as an illustration of the issue than an accurate summary of the numbers involved.)"}
{"_id": "269129", "title": "", "text": "Unless you suffer from the illusion that you can time the market, it honestly doesn't matter much; the difference is lost in the noise. That may be true even if you do suffer from that illusion.  Also, as discussed here previously, the drop in a stock's price right after the dividend has been paid just reflects the fact that you aren't about to get an immediate refund in the form of a dividend. If you look at the real cost per share, it's meaningless and can/should be ignored. Buying after the dividend is paid may save you a tiny fraction of a cent of short-term income tax, but that's meaningless in real terms."}
{"_id": "269135", "title": "", "text": "I'm sorry but that is just absurd.  900,000 over 20 years is 40909 per yer.  So by this logic, my co-worker, with 4 kids, is making 160k per yer just to cover his children, bullshit. I know his wife doesn't work, she has health problems, and 4 kids.   I have other friends that make way less then 40k per year and yet they have a child, and are able to have a car, this is utter over inflated bullshit, what is middle income then? 150k a year?"}
{"_id": "269146", "title": "", "text": "No. But the scenario is unrealistic. No bank will give the LLC any loan unless the members personally co-sign to guarantee it. In which case, the members become personally liable in addition to the LLC."}
{"_id": "269169", "title": "", "text": "\"An asset allocation formula is useful because it provides a way to manage risk. Rebalancing preserves your asset allocation. The investment risk of a well-diversified portfolio (with a few ETFs or mutual funds in there to get a wide range of stocks, bonds, and international exposure) is mostly proportional to the asset class distribution. If you started out with half-stocks and half-bonds, and stocks surged 100% over the past few years while bonds have stayed flat, then you may be left with (say) 66% stocks and 33% bonds. Your portfolio is now more vulnerable to future stock market drops (the risk associated with stocks). (Most asset allocation recommendations are a little more specific than a stock/bond split, but I'm sure you can get the idea.) Rebalancing can be profitable because it's a formulaic way to enforce you to \"\"buy low, sell high\"\". Massive recessions notwithstanding, usually not everything in your portfolio will rise and fall at the same time, and some are actually negatively correlated (that's one idea behind diversification, anyway). If your stocks have surged, chances are that bonds are cheaper. This doesn't always work (repeatedly transferring money from bonds into stocks while the market was falling in 2008-2009 could have lost you even more money). Also, if you rebalance frequently, you might incur expenses from the trading (depending on what sort of financial instrument you're holding). It may be more effective to simply channel new money into the sector that you're light on, and limit the major rebalancing of the portfolio so that it's just an occasional thing. Talk to your financial adviser. :)\""}
{"_id": "269184", "title": "", "text": "For federal taxes the rule is fairly straight forward, assuming that nothing else changes during the year.  If you know your marginal tax rate (the rate that your last dollar of income is taxed at) last year then adding or subtracting an allowance on the w-4 form will move the amount withheld by rate x Personal exemption amount. The personal exemption for federal taxes in 2017 is $4,050. Lowering the number of allowances on the Federal W-4 increases the amount of money withheld during the year.  So for your federal W-4 form lowering the number of allowances by one if you are in the 25% bracket will cause an additional 25%x4050 or  ~$1012 a year to be withheld. Of course making the change 5/12ths of the way trough the year will mean that it will only increase the  the amount withheld the rest of the year by (7/12) * $1012 or ~$590 for the rest of the year. State taxes can be more complex due to issues regarding tax brackets, and the differences in how they calculate their taxes. Most state websites have a worksheet for making an adjustment  to their version of the W-4. Here is the form DE-4 form for California In your situation getting the numbers on the federal and state forms will be much more complex, because your combined  income for 2017 will be significantly different than your combined income for 2016.  In the case of multiple incomes getting the withholding correct is much harder even with stable income. The trick is that making the adjustment on the job with the highest income may not move the amount withheld as much as you expect. For example if the largest income is only withheld at the 15% rate but your combined income from all your combined jobs results in you being in the 25% bracket, then the above calculation would only move the amount withheld by $354 instead of $590. A couple of notes: the number of allowances on the federal and state W-4 forms don't have to match. Mine almost never do. The number of allowances on the W-4 forms doesn't have to match the number of exemptions on the 1040 form."}
{"_id": "269217", "title": "", "text": "\"How many of these loans have been rehypothecated and/or chained to synthetic derivatives? That was the \"\"force multiplier\"\" in 07-08. Agreed that the impact will be a lot less since it is a much smaller market, but it might be bigger than many assume if these factors are present.  (And if it is bigger you get the risk of a chain reaction beyond that, though I think the Fed &amp; Co. are much more on-guard about that now.)\""}
{"_id": "269226", "title": "", "text": "\"In personal finance, most of your success is determined by personal habit rather than financial savvy.  Getting in the habit of making regular deposits to your savings account will have a much larger effect on your situation than worrying about which account pays the highest interest rate (particularly as neither one of them matches the current inflation rate, which is over 3%). So go ahead and put your money in a savings account, but not because of the interest or safety, but because it's a \"\"savings\"\" account.\""}
{"_id": "269228", "title": "", "text": "NOOOOO!!!!! Don't do it!  The outlook is so much better in engineering than finance.  The finance jobs out there are really really really hard to get and they're terribly boring.  I'm telling you, stick with ENG, it's a way better field right now."}
{"_id": "269233", "title": "", "text": "\"The risk is that the \"\"free\"\" service may be supporting itself by steering customers to products which part a sales commission, or that are products of the company/bank that employees then,  rather than those which are actually best for the customer.  If you go in with a skeptical outlook, watching for this sort of conflict of interest, it's possible they might be useful. But that's not exactly a glowing recommendation... If they try to tell you that insurance is an investment, or if they recommend anything other than low-fee index funds without an extremely good reason, run.\""}
{"_id": "269267", "title": "", "text": "\"Yes it would have been hard to fix. I read all sorts of comments on how to fix healthcare. Yet, I have failed too see one mention of the \"\"Chargemaster\"\". Until this is fixed and the insurer's aren't charged $10 for a Tylenol or $5 for a bandaid nothing will change.\""}
{"_id": "269298", "title": "", "text": "Let me know how universal health care is going in countries where it's in place. The wait times and quality of care are dogshit! Ideally (IMO) the insurance market should operate as a free market and prices would get driven down via competition amongst the insurance companies."}
{"_id": "269301", "title": "", "text": "Buy the BMW and enjoy it. An MBA? Now that is a true waste of money."}
{"_id": "269302", "title": "", "text": "\"Based on how storage is progressing, this is just another incentive for the market.  It sounds quaint, but the demand response industry's technological break through 10 years ago was a century old .. the telephone. \"\"Hi facility manager, can you turn down the A/C 2 degrees for the next 30 minutes?\"\"  When your facility is a couple million sq ft .. that telephone call could be worth $5,000.\""}
{"_id": "269368", "title": "", "text": "Pay cash for the house but negotiate at least a 4% discount. You already made your money without having to deal with long term unknowns. I don't get why people would want invest with risk when the alternative are immediate realized gains."}
{"_id": "269375", "title": "", "text": "No, money transferred for a loan or a gift is not taxable. If you pay your parents interest, they'll have to pay tax on that. And if they give you money and then die within seven years, the gift may become liable for inheritance tax."}
{"_id": "269380", "title": "", "text": "If commuting is a big budget item, then can you: A side job is one way to make extra money, but I'd suggest a home business.  If your wife substitute teaches, I bet she writes fairly well, and in any case you can.  Write a personal finance blog or just a site with articles.  Focus on surviving and thriving with child(ren) in a one-income Christian household in the suburbs of Philadelphia.  Or if you have a hobby that stokes your furnace, write about that.  Heck, do both.  The content just stays there and gets traffic day after day that you can monetize. My main suggestion would be to start this now because it's not overnight money.  But in the long run it can turn into a nice, fairly passive income. The big advantage of this is that mommy gets to stay home with the kids and build up a decent business.  The cost is $10/year for the domain (per domain) and maybe $10/month for hosting. Or, if some other legitimate work-at-home business presents itself, go with that.  I suggest blogging because it's what I know, but everyone's an expert in something unique."}
{"_id": "269384", "title": "", "text": "\"First off, monozok is right, at the end of the day, you should not accept what anyone says to do without your money - take their suggestions as directions to research and decide for yourself.  I also do not think what you have is too little to invest, but that depends on how liquid you need to be.  Often in order to make a small amount of money grow via investments, you have to be willing to take all the investment profits from that principle and reinvest it.  Thus, can you see how your investment ability is governed by the time you plan to spend without that money?  They mantra that I have heard from many people is that the longer you are able to wait, the more 'risk' you can take.  As someone who is about the same age as you (I'm 24) I can't exactly say yet that what I have done is sure fire for the long term, but I suggest you adopt a few principles: 1) Go read \"\"A Random Walk Down Wall Street\"\" by Burton G. Malkiel.  A key point for you might be that you can do better than most of these professional investors for hire simply by putting  more money in a well selected index fund.  For example, Vanguard is a nice online service to buy indexes through, but they may require a minimum.  2) Since you are young, if you go into any firm, bank, or \"\"financial planner,\"\" they will just think you are naive and try to get you to buy whatever is best for them (one of their mutual funds, money market accounts, annuities, some flashy cd).   Don't.  You can do better on your own and while it might be tempting because these options look more secure or well managed, most of the time you will barely make above inflation, and you will not have learned very much. 3) One exciting thin you should start learning now is about algorithmic trading because it is cool and super efficient. quantopian.com is a good platform for this.  It is a fun community and it is also free. 4) One of the best ways I have found to watch the stock market is actually through a stock game app on my phone that has realtime stock price feed.  Seeking Alpha has a good mobile app interface and it also connects you to news that has to do with the companies you are interested in.\""}
{"_id": "269385", "title": "", "text": "I think you understood much of what I say, in general. Unfortunately, I didn't follow Patches math.  What I gleen from your summary is a 1% match to the 10% invested, but a .8% expense. The ETF VOO has a .05% annual fee, a bit better than SPY.  A quick few calculations show that the 10% bonus does offset a long run of the .75% excess expense compared to external investing. After decades, the 401(k) appears to still be a bit ahead. Not the dramatic delta suggested in the prior answer, but enough to stay with the 401(k) in this situation. The tiny match still makes the difference. Edit - the question you linked to. The 401(k) had no match, and an awful 1.2% annual expense. This combination is deadly for the younger investor. Always an exception to offer - a 25% marginal rate earner close to retiring at 15%. The 401(k) deposit saves him 25, but can soon be withdrawn at 15, it's worth a a few years of that fee to make this happen. For the young person who is planning a quick exit from the company, same deal."}
{"_id": "269386", "title": "", "text": "If you're talking about the guy I worked for then you're fucking stupid. This guy started off by going door to door and b2b and started his marketing business from scratch, after a couple of other endeavours. If you think this guy earned his bills from his daddy like trump then your nothing but an ignorant fuck by definition. I have more respect for this guy then most people on this planet. If I hadn't had some personal issues I'd still be working for him."}
{"_id": "269391", "title": "", "text": "&gt; If you were to take a snapshot of IBM\u2019s array of businesses in 1993 and another in 2002, you would at first see very few changes. Ten years ago we were in servers, software, services, PCs, storage, semiconductors, printers, and financing. We are still in those businesses today\u2026  Made me think of a chessboard, the pieces are all there, and have the same abilities, but depending on how they are positioned and relate to one another, is the difference between a grandmaster's game and a beginner's game."}
{"_id": "269401", "title": "", "text": "\"I can only share with you my happened with my wife and I. First, and foremost, if you think you need to protect your assets for some reason then do so. Be open and honest about it. If we get a divorce, X stays with me, and Y stays with you.  This seems silly, even when your doing it, but it's important. You can speak with a lawyer about this stuff as you need to, but get it in writing. Now I know this seems like planning for failure, but if you feel that foo is important to you, and you want to retain ownership of foo no mater what, then you have to do this step. It also works both ways. You can use, with some limitations, this to insulate your new family unit from your personal risks. For example, my business is mine. If we break up it stays mine. The income is shared, but the business is mine. This creates a barrier that if someone from 10 years ago sues my business, then my wife is protected from that. Keep in mind, different countries different rules. Next, and this is my advise. Give up on \"\"his and hers\"\" everything. It's just \"\"ours\"\". Together you make 5400\u20ac decide how to spend 5400\u20ac together. Pick your goals together. The pot is 5400\u20ac. End of line. It doesn't matter how much from one person or how much from another (unless your talking about mitigating losses from sick days or injuries or leave etc.). All that matters is that you make 5400\u20ac. Start your budgeting there.  Next setup an equal allowance. That is money, set aside for non-sense reasons. I like to buy video games, my wife likes to buy books. This is not for vacation, or stuff together, but just little, tiny stuff you can do for your self, without asking  \"\"permission\"\". The number should be small, and equal. Maybe 50\u20ac.  Finally setup a budget. House Stuff 200\u20ac, Car stuff 400\u20ac. etc. etc. then it doesn't matter who bought the house stuff. You only have to coordinate so that you don't both buy house stuff. After some time (took us around 6 months) you will find out how this works and you can add on some rules. For example, I don't go to Best Buy alone. I will spend too much on \"\"house stuff\"\". My wife doesn't like to make the budget, so I handle that, then we go over it. Things like that.\""}
{"_id": "269406", "title": "", "text": "\"It includes whatever you want to do with your investment.  At least initially, it's not so much a matter of calculating numbers as of introspective soul-searching.  Identifying your investment objectives means asking yourself, \"\"Why do I want to invest?\"\"  Then you gradually ask yourself more and more specific questions to narrow down your goals.  (For instance, if your answer is something very general like \"\"To make money\"\", then you may start to ask yourself, \"\"How much money do I want?\"\", \"\"What will I want to use that money for?\"\", \"\"When will I want to use that money?\"\", etc.)  Of course, not all objectives are realistic, so identifying objectives can also involve whittling down plans that are too grandiose. One thing that can be helpful is to first identify your financial objectives: that is, money you want to be able to have, and things you want to do with that money.  Investment (in the sense of purchasing investment vehicles likes stocks or bonds) is only one way of achieving financial goals; other ways include working for a paycheck, starting your own business, etc.  Once you identify your financial goals, you have a number of options for how to get that money, and you should consider how well suited each strategy is for each goal. For instance, for a financial goal like paying relatively small short-term expenses (e.g., your electric bill), investing would probably not be the first choice for how to do that, because: a) there may be easier ways to achieve that goal (e.g., ask for a raise, eat out less); and b) the kinds of investment that could achieve that goal may not be the best use of your money (e.g., because they have lower returns).\""}
{"_id": "269410", "title": "", "text": "It's really boring and you should automate it. Most front office guys worth their salt have built something that will normally calculate what they should have in their portfolios.  Basically we own X units of stock K, stock K pays dividend D on date M, you check on date M that we have received X*D for all K's.  When trades are made you also need to verify that the dollar amounts are correct, for equity its usually automatic but for fixed income and OTC products you can build a tool to check it."}
{"_id": "269425", "title": "", "text": "At sixty, you are in a different generation, where at least early on loyalty was rewarded. I sit between the x and y generations, and never have I ever felt a sense of loyalty FROM an employer. We all know the score, they'll fire me in a heartbeat if it helps the quarterly numbers, and I'll bail if I can get a better deal elsewhere. I only stick it out if the deal is good, or I don't want to have to explain a short tenure on.my resume. I'm not gonna tough it out with a struggling company if they can't give me my market value, because I know they'll kick me to the curb if I'm in need. There really is no loyalty anywhere in the system anymore, unless your a sucker. Loyalty MUST go both ways, and employers are the ones who gave up on it."}
{"_id": "269440", "title": "", "text": "Aside for the unsupported claims. I think we can all agree people are not a commodity that is valued in dollars. People are invaluable, their labor however can be. Secondly, the higher wage is in Portland proper with surrounding counties having lower minimums. It's only been two weeks. Give it time before criticizing."}
{"_id": "269447", "title": "", "text": "Credit unions are mutually-owned (i.e. customer owned) financial institutions that provide banking services.  They take deposits from their members (customers) and loan them to other members.  Members vote on a board of directors who manage operations.   They are considered not-for-profit, but they pay interest on deposits.  They get some preferential tax treatment and regulation and their deposits are insured by a separate organization if federally accredited.  State-chartered credit unions don't have to maintain deposit insurance at all.   Their charters specify who can join.  They can be regionally based, employer based, or based on some other group with common interests.  Regulators restrict them so that they don't interfere too much with banks.  Otherwise their preferential tax and regulatory treatment would leave banks uncompetitive.   Other organizations with similar limits have gone on to be competitive when the limits were released.  For example, there used to be an insurance company just for government employees, the Government Employees Insurance Company.  You may know it better as GEICO (yes, the one with the gecko advertisements).  Now they offer life and auto insurance all over.   Credit unions would like looser limitations (or no limitations at all), but not enough to give up their preferential tax treatment.  Banks oppose looser limitations and have as much political clout as credit unions."}
{"_id": "269454", "title": "", "text": "I do, however, there was consternation in this thread of overblown criticisms of the TSA. One of them that is not overblown is that many people have been told they cannot opt-out of the screening, even though they can. That's one of the least problems that has arisen from people having to go through TSA security checkpoints.   The counter-argument in this thread seems to be that, well other countries are even worse so it's not really that bad. I see no reason why the US airport transit should suck, when there are lots of countries that get it right."}
{"_id": "269458", "title": "", "text": "\"Uber has consistently lost money because it spends massively to fuel its growth (think about those $20 when you sign up promos) so people expected it to lose money at a level consistent with its past, but they actually lost a little less money while still improving sales. Whether or not Uber is in a \"\"good\"\" position could be substantially debated, however these two metrics (sales/net loss) we know of show signs of healthy growth.\""}
{"_id": "269521", "title": "", "text": "\"I have *never* understood where that one came from, but now that you've said that, I wonder if its origins are from traveling sales - \"\"I'll be out of pocket\"\" meaning \"\"I'll be on the road, so you won't be able to get hold of me.\"\"\""}
{"_id": "269531", "title": "", "text": "Using Batyline mesh is the perfect solution for dull and old looking furniture. Apart from it, various other types of mesh tarps are available in the market that can be used for the same purpose. Feel free to visit our website anytime."}
{"_id": "269542", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/environment/2017/jun/06/spectacular-drop-in-renewable-energy-costs-leads-to-record-global-boost) reduced by 75%. (I'm a bot) ***** &gt; &amp;quot;A global energy transition [is] well under way, with record new additions of installed renewable energy capacity, rapidly falling costs and the decoupling of economic growth and energy-related carbon dioxide emissions for the third year running,&amp;quot; said Arthouros Zervos, chair of REN21.  &gt; Vivien Foster, global lead for energy economics at the World Bank, said: &amp;quot;Over 2016 there has been a dramatic and sustained improvement in the competitiveness of renewable power generation technologies. The most spectacular renewable energy prices were revealed through auctions that are gaining in popularity in many countries.\"\"  &gt; At the end of 2016, more than 24% of global electricity was produced by renewables, dominated by hydropower and with wind contributing 4.0% and solar 1.5%. For all energy, renewable energy - excluding traditional wood-burning - contributed 10%, overshadowed by the 80% coming from fossil fuels such as oil and gas.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6freqm/spectacular_drop_in_renewable_energy_costs_leads/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~138341 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Renewable**^#1 **energy**^#2 **new**^#3 **capacity**^#4 **global**^#5\""}
{"_id": "269550", "title": "", "text": "Buy a fund of bonds, there are plenty and are registered on your stockbroker account as 'funds' rather than shares. Otherwise, to the individual investor, they can be considered as the same thing. Funds (of bonds, rather than funds that contain property or shares or other investments) are often high yield, low volatility. You buy the fund, and let the manager work it for you. He buys bonds in accordance to the specification of the fund (ie some funds will say 'European only', or 'global high yield' etc) and he will buy and sell the bonds regularly. You never hold to maturity as this is handled for you - in many cases, the manager will be buying and selling bonds all the time in order to give you a stable fund that returns you a dividend. Private investors can buy bonds directly, but its not common.  Should you do it? Up to you. Bonds return, the company issuing a corporate bond will do so at a fixed price with a fixed yield. At the end of the term, they return the principal. So a 20-year bond with a 5% yield will return someone who invests \u00a310k, \u00a3500 a year and at the end of the 20 years will return the \u00a310k. The corporate doesn't care who holds the bond, so you can happily sell it to someone else, probably for \u00a310km give or take. People say to invest in bonds because they do not move much in value. In financially difficult times, this means bonds are more attractive to investors as they are a safe place to hold money while stocks drop, but in good times the opposite applies, no-one wants a fund returning 5% when they think they can get 20% growth from a stock."}
{"_id": "269553", "title": "", "text": "Unlucky is accepting the fact that there isn't anything you can do about your current situation. If the person in the slum is selling drugs, why wouldn't it work to make friends and get to know people? Aren't all of them your potential customers?  The point that I'm trying to make is that there's more to it than just hard work. It's networking and having some sort of understanding or intuition about the climate of your industry."}
{"_id": "269554", "title": "", "text": "I would suggest a PEL. Created for this kind of scenario.  If you are sure to by a house, then it could be the support you need and without risk. Even it's 1%, it's better than 0,75% with Livret A, and it can have some other plus. But you will have your money for sure the moment you'll need it. (Source in French) But, carefull on some points :  If you don't want a house anymore, then, it's a waste of time. Same if you want to buy too fast (before 2/3 years). You have a child. It can be expensive. Be sure to have some cash to handle every situation. So you can avoid to withdraw and destroy PEL before buying just because you're low on cash."}
{"_id": "269559", "title": "", "text": "You are correct that it is relatively easy for someone to create fake checks and steal money.  They even made a movie about it, and not much has changed since that movie takes place.  However, most checking accounts do indeed have $0 liability for this type of check fraud, referred to as check forgery. If someone does cash a check against your account that you did not write, you will eventually get your money back.  Essentially, the thief stole from the bank (or the merchant that accepted the check), not from you. In the U.S., check forgery is generally covered by state law.  According to a Q&A on the CFPB website, if you report to the bank that a check that cleared your account was forged in some way, and you do this within a reporting window defined by state law, the bank is supposed to return your money."}
{"_id": "269575", "title": "", "text": "Based on the additional comment you gave, I would recommend that you keep the capital from the businesses separate as much as possible.  It sounds like you won't get into any trouble legally if you make 'loans' or transfers of capital from one business into the other. But I would suggest that you keep detailed records of any transfers that you do make.  The reason why is that in any business, it is important to know the economics of how your business makes money. If you find yourself making transfers repeatedly, then your business model may be bad. Even if your transfers are only to deal with the cost of poor customers, it could still mean that your business model needs to be adjusted.  But if it's a question of the timing of cash flows, then there's really nothing wrong with taking some of the money from your successful pants operation and building up more working capital in your stationery shop."}
{"_id": "269579", "title": "", "text": "You need growth in your retirement fund. Sad to say but the broad U.S. marks still has better growth perspective than the emerging markets. Look at China they are only at 6.7% growth for next year the same as this year.  Russia's economy is shrinking. These are the other two super powers of 2015. The USA is still the best market to invest in historically and in the present. That's why the USA market tends to be overweight in most retirement portfolios. Now by only investing in the USA market do you miss out on trends internationally? Well you do a bit but not entirely. Many USA companies are highly international in regards to their growth. Here are some:  So in short the USA market still seems to be the best growth market and you still get some international exposure.  Also by investing in USA companies they sometimes are more ethical in their book keeping as opposed to some other markets. I don't think I'm the only one that is skeptical of the numbers China's government reports."}
{"_id": "269580", "title": "", "text": "Shainex Packers and Movers Air Cargo services Sea Cargo Services Packing UN-Packing Custom Clearance Loading / UN-Loading Professional Packing and Moving Warehousing and Insurance Facilities Home and Industries Complete Solutions International and Domestics from All over India. Packers Movers Dwarka Movers Packers Dwarka Packing and Moving Dwarka Packing Moving Dwarka Moving and Packing Dwarka Moving Packing Dwarka Relocation Dwarka Relocation Services Dwarka  Home Relocation Dwarka Home Relocation Services Dwarka Goods Shifting Dwarka Shifting Services Dwarka Car Transportation Dwarka Car Career Dwarka Car Transport Dwarka Car Shifting Dwarka Vehicle transport Dwarka Home Shifting Dwarka Household Shifting Dwarka Household Goods Shifting Dwarka Household Item Shifting Dwarka Warehousing / Storage Dwarka Cargo Movers Dwarka International Packers Movers Dwarka International Packers and Movers Dwarka International Movers and Packers Dwarka International Movers Packers Dwarka International Packing and Moving Dwarka International Packing Moving Dwarka International Moving and Packing Dwarka International Moving Packing Dwarka  International Relocation Dwarka International Relocation Services Dwarka International Home Relocation Dwarka International Home Relocation Services Dwarka International Goods Shifting International Home Shifting Dwarka International Household Shifting, International Household Goods Shifting Dwarka, International Household Item Shifting Dwarka"}
{"_id": "269584", "title": "", "text": "It comes down to liability - if a fraudulent transaction takes place with a debit card, you are out $$ until it is resolved - while as with a credit card, the credit lender is out $$ - the credit lender does not like losing $$, and therefore would like to be paid extra $$ for assuming this risk, and they found the merchant as the one most willing to pay. Sometimes the merchant will pass on this cost to the consumer, but often times the credit card company has a contract with the merchant preventing such a fee, because then they would be at a price disadvantage when compared to debit."}
{"_id": "269585", "title": "", "text": "Why is this news? New York is now the main centre for tech VCs and has been since the stock market crash. All those laid off programmers had to do something and Wall Street investors have to do something with their clients' money.  Silicon Valley is now a has-been."}
{"_id": "269613", "title": "", "text": "Those IT people would around a corporate level maintaining a closed system.  I also don't think you can compare the failure rate of consumer printers, which are made / sold dirt cheap as a way to sell ink, to driver less cars."}
{"_id": "269620", "title": "", "text": "They have been good stores for me but after Martha Stewart went away, they really don't stand out from Walmart that much. In my area, the K-mart is located in a better area than Walmart, yet don't have the prices of a Target.  Also, electronics there are overpriced"}
{"_id": "269644", "title": "", "text": "It actually has already started. People were protesting outside offices that sold defaulted WMPs across China. The government forced landlords to cut the leases of those wealth managers so that they wouldn't have a premises for investors to protest at. Lol.      This news isn't **new** but it shouldn't be ignored either. China does have a problem."}
{"_id": "269646", "title": "", "text": "I find that there are two violation of law , prima facie , if someone earns money by depositing in the online account and then not reporting it ( including in his total income for the year ) and not bringing in India. Income Tax Act violation 1. It is simply comcealment liable for penalty & prosecution under I.T.Act. 2. You should know that anyone who is resident of India as per income Tax Act and having taxable income ( gross total income exceeding exemption limit) will have to fill up the column in his/her income tax return whether  Previously these column were not in the Income Tax Return. So , now anyone who is liable to file return of Income can be tried for false return if he has hiddne assets aborad. 2. FEMA violation RBI  permits remittance under Liberalized Remittance Scheme. However this scheme can not be used for certain purpose . It is important to examine whether RBI prohibits use of remittance for any entity or business you have described. You can read following FAQ on RBI site Q. 30. What are the prohibited items under the Scheme? Ans.  The remittance facility under the Scheme is not available for   the following: i) Remittance for any purpose specifically prohibited under Schedule-I   (like purchase of lottery tickets/sweep stakes, proscribed magazines,   etc.) or any item restricted under Schedule II of Foreign Exchange   Management (Current Account Transactions) Rules, 2000; ii) Remittance from India for margins or margin calls to overseas   exchanges / overseas counter-party; iii) Remittances for purchase of FCCBs issued by Indian companies in   the overseas secondary market; iv)  Remittance for trading in foreign exchange abroad; v) Remittance by a resident individual for setting up a company   abroad; vi) Remittances directly or indirectly to Bhutan, Nepal, Mauritius and   Pakistan; vii) Remittances directly or indirectly to countries identified by the   Financial Action Task Force (FATF) as \u201cnon co-operative countries and   territories\u201d, from time to time; and viii) Remittances directly or indirectly to those individuals and   entities identified as posing significant risk of committing acts of   terrorism as advised separately by the Reserve Bank to the banks. You will have to examine , if the remittance was NOT done for purpose not allowed by RBI under LRS . If you clear this , you can say there is no violation and your violation is restricted to I.T.Act only."}
{"_id": "269653", "title": "", "text": "These guys don't care where the money comes from as long as it keeps flowing. Religion to them is a tool to suppress people, it has no real meaning. I cannot stand Saudis and honestly, despise their realm and lifestyle so much I hope to never meet one in person. They're disgusting."}
{"_id": "269655", "title": "", "text": "I hate that this thread is all binary, either it's the fault of the individual or the fault of the society. Isn't it obviously both?  Some of it is lifestyle inflation (which is understandable considering our parents generation was one of the wealthiest in human history).  Some of it is the automation throwing a wrench into unskilled/lowskilled labor.   The article says it's a function of stagnating wages while housing and other traditional expenses keep climbing. If that's true (which I think it is based [on this and other studies](http://www.epi.org/publication/charting-wage-stagnation/)) then why aren't we having conversations about WHY this is happening."}
{"_id": "269656", "title": "", "text": "Are these estimates? I didn't see a link or source in there to actual financial statements. As a private company I'm not sure that information is public. A quick Google search didn't bring anything to light.  Regardless, I'd be much more interested in seeing Spotify's cash flow statement. For startup companies that can be much more indicative of health."}
{"_id": "269671", "title": "", "text": "At your age (heck, at MY age :-)) I would not think about doing any of those types of investments (not savings) on your own, unless you are really interested in the investment process for its own sake, and are willing to devote a lot of time to investigating companies in order to try to pick good investments. Instead, find a good mutual fund from say Vanguard or TRP, put your money in there, and relax.  Depending on your short-term goals (e.g. will you expect to need the money for college?) you could pick either an index fund, or a low-risk, mostly bond fund."}
{"_id": "269685", "title": "", "text": "\"You're probably looking at the [\"\"fan site.\"\"](http://eatcookout.com/about/) For some reason, cookout's actual site doesnt show up in google. Their location page is here: [cookout.com](http://cookout.com/index.php?option=com_location&amp;view=location&amp;Itemid=3)  Their MD location is:  Cook Out Salisbury, MD  1115 S Salisbury Blvd  Salisbury, MD, 21801\""}
{"_id": "269689", "title": "", "text": "If there is a shortage, it is because they are not being paid their worth or more people would go for the job. And it's not going to get worse for companies, it will get worse for the drivers themselves as they get displaced by self-driving vehicles over the next 10-20 years.  All of the examples in the article can be overridden by paying higher wages... The only one that is semi-valid is the barrier to entry, per my understanding, because the drivers often have to purchase their own rigs and insurance which can be a massive up-front cost.  &gt;Swift says it will pay higher wages and better training to attract more truck drivers.  Clearly they aren't paying them enough if the people are either retiring or the turnover is high."}
{"_id": "269700", "title": "", "text": "This does sound a bit implausible, even if it is true it is pretty grossly irresponsible and you probably shouldn't just let it slide... However there is no real benefit in wading in with accusations, I suspect that the most likely scenario is that your tenet simply didn't have the money and was looking for a way to delay payment. This may well not be particularly malicious towards you, they may just be unable to pay and need a bit of room to maneuver.  In this case the wise thing is to challenge them but without forcing them to admit that they might have lied, perhaps by suggesting that they might have been mistaken about dropping off the money but it's no big deal and negotiate a resolution. In these situations where it is one persons word against another giving them the opportunity to save face often pays off.  Equally you want to make it absolutely clear that putting a wad of cash in your mailbox is not an acceptable way to pay."}
{"_id": "269701", "title": "", "text": "otherwiseyep linked to a good explaination, but is downvoted due to it having an inflammatory title (Why S.&amp;P.\u2019s Ratings Are Substandard and Porous).  Basically, S&amp;P ratings correlate with a corruption perceptions index:  &gt; Other factors that S.&amp;P. looks at, which can be determined through regression analysis, include a country\u2019s G.D.P., its inflation rate, its recent deficits and its long-term debt. But the subjective Corruption Perceptions Index is more closely related to the S.&amp;P. ratings than any of these economic fundamentals.  As an analogy, S&amp;P looks at whether you wear a suit and tie to the job interview.  It probably works OK during a boom - countries with low corruption have a lower risk of default due to non-financial problems (revolutions, crazy governments)."}
{"_id": "269709", "title": "", "text": "\"To a certain degree \"\"the only sure thing I know is the price I paid for the stock is the fair price at the time I buy it\"\" is absolutely right, by definition, and by the law of the free and efficient market and forces of supply and demand, freedom of public information about share price sensitive information, etc, etc, etc, and you've made a good point that eludes many investors I'd say. However, in practise, the market has many participants, and they will all be arriving at a different idea of what the \"\"fair price\"\" is by way of a slightly different analysis and slightly different information. In theory they all have the same information, but unfortunately in practise there is always some disparity. When one participant feels a stock is undervalued though the last thing they want to do is say so, instead they will start buying stock. They might feel it is undervalued by 20%, but that doesn't mean they'll keep buying and buying until it gets to 20%, they might push the price up just a little, then let the price drift down again, buy some more, relax, buy some more, etc. Over time the price will rise of course because the supply will become weaker, but even if the participant is correct about the 20% the price might have only risen 7% by the time they acquire all the stock they want given their risk models, market exposure and margin guidelines, etc, and it might be more than a year later before the price has actually risen to 20%, presumably because more and more other market participants have come to the same conclusion. The opposite can obviously also happen, a participant might dump stock it feels is over valued long before it hits the values it believes in. So right away you can see that pricing might not really reflect value, or \"\"fair price\"\".\""}
{"_id": "269713", "title": "", "text": "\"Our youtube channel: https://www.youtube.com/undefinity  Undefinity is our channel name, but it's also a place. A dimension of unconstructed space where ideas are born, music is composed, and dreams are constructed.... the undefined infinite.  We are real-life brothers who work together to bring cinematic short films and sketches, and introducing.. \"\"The UNDEFINITY Show\"\" - an interactive way for you to expand your knowledge, kindle your creativity, and be entertained.  Welcome to our channel. Pull up a chair, take a break from cat videos, and stay for a while.   We would love your help making more films and shows for the YouTubes!\""}
{"_id": "269724", "title": "", "text": "Um you said yourself that it goes down on 7pm on a Friday and costs you hours and hours of problems. The cost of a T1 is like $300. I'm going to guess it would pay for itself.   My advice - learn basic math."}
{"_id": "269727", "title": "", "text": "In terms of operations, banks are indifferent to inflation. Short rates except right before a recession or near-recession are always lower than long rates, regardless of inflation level, assuming no quotas or price controls. Banks produce credit by borrowing short to lend long, so as long as short rates are lower than long rates, they can be expected to produce loans, again assuming no quotas or price controls. In short, from the banks' perspective, inflation does not affect their desire to produce credit."}
{"_id": "269736", "title": "", "text": "The coupon should save you $10 either way, assuming that you meet the criteria for using the coupon. You're figuring out the discount based on the cost of the food alone.  You should be including the tip in your calculations. Yes, they're tacking on something that is otherwise optional, but that's because enough people forget that the server works just as hard regardless of whether there's a coupon involved or not.  So, restaurants build the tip in to keep employee morale up, which in turn encourages them to keep a good level of service up. I guess it gets down to how much you tip.  If you typically don't tip -- which would be rather impolite -- then yes, you do lose money with a $60 meal.  If you tip 18%, then you save exactly $10 ($70.80 - $10.00 = $60.80).  If you normally tip 10-15% -- a customary range -- then it's somewhere in between. Edit: Following littleadv's discussion on this question, I am assuming that the 18% goes directly to the waitstaff and is more or less expected. If it doesn't (in which case one might choose not to tip at all because it would just line the pockets of the restaurant owner) then you're absolutely correct in figuring out the value of the coupon by treating the 18% as a tax."}
{"_id": "269740", "title": "", "text": "&gt;What about public services that are in no way profitable for a company to run or manage?  They shouldn't exist, at least not funded at the federal level.   &gt;How do you manage things like right of way? Duplication of services etc? Are we to assume that all actors will build in good faith and allow all to access these pieces of infrastructure. What happens if we clog up all the first few meters of underground with network cable and the one water company needs to upgrade piping to meet population needs? Who co-ordinates all these kinds of things to ensure it works well? How are these people paid? Where do their interests lie? In the event of a big highway project tearing through a neighborliness who represents the people of the neighborhood and ensures their interests are heard as well?  Things can be managed without being completely funded and run by government. Zoning laws and such manage where different types of buildings can be built but the government is not the land developer, contractor, etc."}
{"_id": "269753", "title": "", "text": "\"It would be ideal if the last would change regarding anything that goes horribly wrong. The whole point of setting up rules is to avoid both hypothetical and past mistakes. The fact that so many coastal cities don't have proper systems to manage the stormwater that comes into their cities is appalling. And that's just an extreme example, whereas many infrastructure problems are more passive.  I wouldn't trust a private corporation to set up a highway. It may be considered economically stimulating in some ways, but they will do the bare minimum in terms of quality and safety and then charge you $5 a trip. When government gets involved in building the infrastructure it tends to be frustratingly slow and inefficient from the outside, but there is so much planning and preparing for eventualities that goes into it that it just can't be set up in a few months. There may be future developments coming or it may be integrated with other systems to streamline travel or any of a plethora of reasons.  I work in infrastructure so I know I have a different view compared to people that just want to have their today built so they can use it. It's really hard to see but problems and have to say we'll be getting to that in 5-10 years, just live with it in the meantime. But I don't want someone to say \"\"I'm tired of waiting in traffic, here's a piece of land, let's put a road through there\"\" with no plan for what to do with it. So many problems that we're dealing with now are caused by shortsightedness fifty years ago, and now it's a hell of a lot harder to fix than it would've been to do it right in the first place.\""}
{"_id": "269758", "title": "", "text": "The reason is, stores want customers to use cash.   By giving us cash, we are more likely to use cash next time. I feel a little guilty when using my bank card at the store because I know I'm giving about 2-3% of the sale to the bank.  Unless I don't really like where I'm shopping (ie Walmart), I try to use cash if I have it.  I doubt these large stores pay extra for supplying the cash portion.  They just need to keep the cash onhand. In other countries, do they not mind paying banks a percentage of each transaction?  That's a huge loss for retailers.  (I also heard tipping isn't popular in some countries, maybe the lack of regard for vendors is related somehow??) Oh, plus, it's a value added service.  A customer is more likely to return to a store if they provide this service."}
{"_id": "269769", "title": "", "text": "Hello All,  I have a question regarding Stop-Loss Orders.   So Bechtle AG announced it would be gifting bonus shares to existing [shareholders](http://www.nasdaq.com/article/bechtle-to-issue-bonus-shares-share-capital-to-double--quick-facts-20170714-00084) , in mid July. Everyone owning a Bechtle stock got a free stock, effectively owning 2.   This brought down the stock from roundabout 120 to about 60 . I was wondering, if I would have had a stop-loss order on a Bechtle stock, would this [50%](https://www.google.com/finance?q=ETR:BC8) drop have triggered my stop-loss order?"}
{"_id": "269770", "title": "", "text": "Lets consider what would happen if you invested $1500/mo plus $10k down in a property, or did the same in a low-cost index fund over the 30 year term that most mortgages take.  The returns of either scenarios cannot be guaranteed, but there are long term analyses that shows the stock market can be expected to return about 7%, compounded yearly. This doesn't mean each year will return 7%, some years will be negative, and some will be much higher, but that over a long span, the average will reach 7%.  Using a Time-Value-of-Money calculator, that down payment, monthly additions of $1,500, and a 7% annual return would be worth about $1.8M in 30 years. If 1.8M were invested, you could safely withdraw $6000/mo for the rest of your life. Do consider 30years of inflation makes this less than today's dollar.  There are long term analyses that show real estate more-or-less keeps track with inflation at 2-4% annual returns. This doesn't consider real estate taxes, maintenance, insurance and the very individual and localized issues with your market and your particular house. Is land limited where you are, increasing your price? Will new development drive down your price?  In 30 years, you'll own the house outright. You'll still need to pay property tax and insurance on it, and you'll be getting rental income. Over those 30 years, you can expect to replace a roof, 2-3 hot water heaters, concrete work, several trees, decades of snow shoveling, mowing grass and weeding, your HVAC system, windows and doors, and probably a kitchen and bathroom overhauls. You will have paid about 1.5x the initial price of the mortgage in interest along the way.  So you'll have whatever the rental price for your house, monthly (probably almost impossible to predict for a single-family home) plus the market price of your house. (again, very difficult to predict, but could safely say it keeps pace with inflation) minus your expenses.  There are scenarios where you could beat the stock market. There are ways to reduce the lifestyle burden of being a landlord.  Along the way, should you want to purchase a house for yourself to live in, you'll have to prove the rental income is steady, to qualify for a loan. Having equity in a mortgage gives you something to borrow against, in a HELOC. Of course, you could easily end up owing more than your house is worth in that situation.  Personally, I'd stick to investing that money in low-fee index funds."}
{"_id": "269778", "title": "", "text": "Well, it also discusses other traditional valuation techniques such as the economic profit model and it has a chapter on real option valuation. But I would not label those exotic valuation methods. However, I would say that the CFA challenge is much about standard valuation methods due to the limited page limit and considering that there should properly also be an analysis of the external and internal environment to determine the future prospects of the given company."}
{"_id": "269779", "title": "", "text": "my nine year old will pretty much have a tantrum if told he has to eat there (usually only at the airport for breakfast). He was iffy on the whole concept until one day when i got him a pancake sausage muffin breakfast thingy... it sealed the deal. He wouldn't even go for the lego movie themed cups after that."}
{"_id": "269782", "title": "", "text": "\"Another way to look at this is that pure insider trading is an activity with the aim to use secret information to make personal profit or let others make personal profit at the expense of the company shareholders or investors. In buybacks, it is not company managers to get personal gain in this would-be \"\"insider trading\"\". The end-winners in this case are the shareholders. So there is nothing inherently bad in buying back stock. Moreover, it is a general practice to buy shares back (as opposed to paying dividends) when the company sees its shares being undervalued (of course, provided that it has the cash/borrowing ability to implement this), since it creates shareholders value, thereby maximising shareholder wealth, which is one of the primary tasks of the company managers.\""}
{"_id": "269786", "title": "", "text": "\"You're entirely correct.  It's one of those \"\"broken window\"\" fallacies.   Have you ever witnessed the anger of   the good shopkeeper, James B., when   his careless son happened to break a   square of glass? If you have been   present at such a scene, you will most   assuredly bear witness to the fact,   that every one of the spectators, were   there even thirty of them, by common   consent apparently, offered the   unfortunate owner this invariable   consolation - \"\"It is an ill wind that   blows nobody good. Everybody must   live, and what would become of the   glaziers if panes of glass were never   broken?\"\" Frederic Bastiat's 1850 essay, \"\"That which is seen and that which is not seen\"\" is still the best and most beautifully-written of such explanations.   As you point out, a gain for the construction companies is more than offset by the loss of life and financial expenditure of the insurance companies.  Plus, it is never possible to quantify the entirety of the loss in terms of opportunities foregone (\"\"that which is not seen\"\").  People who were about to do incredible things but now gone.  Property, of any nature, no longer of use to build on or perform service. Any replacement comes at the expense of other opportunities.\""}
{"_id": "269812", "title": "", "text": "I wouldnt call it being duped.  Using the examples you provided it seems to me that both parties are purchasing a product or service they find value in for a price they deem to be reasonable.  We all have things we like to do that cost us money that other people may not understand.  They're called hobbies.  EDIT:  I don't play video games and would never pay for one.  I do not find it to be entertaining."}
{"_id": "269817", "title": "", "text": "There are programs out there which will let you refinance even when underwater, under the Government's HARP program. You are overpaying by nearly $7,000 per year compared to a refinance to 4.5%. A classic example of how the bubble hurt people who overextended themselves a bit as housing shot up.  The bank risks a $50K loss if you default or short sell this property. I'd go in and sit down with a branch manager and ask what they can do to recast the loan to a lower rate as you are ready, wiling and able to keep the house and make your payments. Good luck."}
{"_id": "269819", "title": "", "text": "Apple and Uber aren't the only targets. Lockheed martin and many other defense contract companies have been in their cross hairs for years and due to this the F35 is no longer a generation ahead.  Now China's economy is at the point that they can just buy American private companies to get what they want.  The most recent example was the chip manufacturer purchase that was blocked since the make flashable chips in use by the US military."}
{"_id": "269834", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.alt-m.org/2017/08/24/why-the-state-theory-of-money-doesnt-explain-the-coinage-of-precious-metals/) reduced by 95%. (I'm a bot) ***** &gt; Market convergence on the precious metals in coined form reflected a &amp;quot;Survival of the fittest,&amp;quot; namely of the most convenient media for hand-to-hand exchange.  &gt; Wray offers in passing the conjecture that kings likely minted coins &amp;quot;In the form of precious metal to reduce counterfeiting.&amp;quot; But a sovereign imprint on silver or gold coins is not in any obvious way harder to counterfeit than the same imprint on iron or copper coins.  &gt; Wray denies that coins were valued according to their precious metal content, as it conflicts with his maintained view that even full-weight precious metal coins were merely tokens.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vsonh/why_the_state_theory_of_money_doesnt_explain_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~197823 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **coin**^#1 **silver**^#2 **gold**^#3 **money**^#4 **State**^#5\""}
{"_id": "269846", "title": "", "text": "The public was sold the idea that losing manufacturing didn't matter. They were told not only do you get cheaper products. But you will get new cleaner service, and tech jobs that pay the same or better! People bought into it but 30 years later Ross Perot was proven right."}
{"_id": "269851", "title": "", "text": "Being in the same situation, and considering that money doesn't need to be available until 2025, I just buy stocks. I plan to progressively switch to safer options as time passes."}
{"_id": "269895", "title": "", "text": "He also was paying himself 3-4x more than the average CEO for his company and when his business partner (brother) found out he sued. This guy then up'd the salary and cut his to 0 in an attempt to win favor.   Pretty scummy thing to do if you're hiding that from your brother and business partner"}
{"_id": "269898", "title": "", "text": "Cash is very effective at getting a discount when buying from individuals (craigslist, garage sales, estate sales, flea markets, etc.).   I'll make an offer, then thumb through the cash while they consider it.   There eyes will dart back and forth between my eyes and the cash as they decide whether to take my offer. Car dealers do seem to be very unique.   The dealer I bought at recently said that 70% of their deals were cash purchases, JoeTaxpayer's dealer said 1% were cash purchases.   I've had good luck negotiating with cash for well-loved cars (under $10K) from both individuals or used dealers. I'm also looking for carpet for my house and the first vendor I went to offered at 5% discount if I paid up front (no financing)."}
{"_id": "269912", "title": "", "text": "The issue is production volume.   No other manufacturer had the foresight to build a gigafactory.   Therefore no other manufacturer can source enough batteries for hundreds of thousands of cars per year.   Tesla will ruler the EV market for years - until legacy makers catch up in terms of battery sources."}
{"_id": "269917", "title": "", "text": "\"This is totally a scam. I didn't read the whole thing. Didn't need to after I read \"\"abandoned sum of 22.5 million\"\" which implied part of it was yours to take after you do something for them.. Logically speaking.. No stranger would disclose this to you.\""}
{"_id": "269918", "title": "", "text": "Since the question asked for options, rather than advice, I\u2019ll offer a few.  And you can ignore the gratuitous advice that may sneak in. There are countries that will happily give you citizenship for a fee.  And others where an investment of far less than your million will get you well on your way.  Having citizenship and a passport from another country can be handy if your current one is or becomes unpopular or unstable. From data at numbeo.com, I estimate that my lifestyle would cost me $3300 (US) in Geneva, Switzerland, and that everywhere else on the planet would be less.  I haven\u2019t been to Geneva, but I have spent only $2500 (average) per month in eleven countries over three years, and could have been comfortable on far less.  $2500/month will go through 1.2 million in only forty years, but if you use it to generate income, and are less wasteful than me, ... With the first few dollars you get, you might take steps to hedge the possibility of not actually getting it all.  Appeals can take a long time, and if the defendant runs out of money or figures out how to hide, the size of the judgment is irrelevant. Believe strongly enough in something to donate money for/to it? I\u2019ll leave the investment options to others."}
{"_id": "269934", "title": "", "text": "Doterra oil products in the Doterra shop come from the compounds in flowers and plants, seeds, bark, stems and roots. They do not include fatty lipids or acids like you would find in vegetable or animal oils, instead they are clean and extremely absorbent through the skin."}
{"_id": "269943", "title": "", "text": "Assuming here that you're talking about deducting your tuition as a below the line deduction as a business expense or similar, then it depends. Per 1.162-5, if the education: Then it qualifies as a legitimate business expense and is deductible.  If not - if you're going to school for a different career, such as someone employed as a waiter but going to school to get a degree in nursing, or someone employed as a teacher getting a law degree - then it's not; you'd have to qualify under one of the other (simpler, but lesser) credits. Read more on this topic at Tax topic 513. Note that the other most commonly applicable deduction - the above the line Tuition and Fees deduction - expired in 2016 and is not applicable (yet?) in 2017, and further would not require most of what you describe as it only counts tuition and fees paid directly to the institution and required as a condition of attendance, so books, parking, etc. don't count."}
{"_id": "269947", "title": "", "text": "I would not go down to zero cash on hand. I would keep $1,000 on hand and pay off most of the credit card balance.  Then I would pay off the last $1,000 on the credit card followed by building my emergency savings back up."}
{"_id": "269969", "title": "", "text": "&gt; Which is why you'll essentially never find anybody running less than $10m, and usually more than that.  1) You have to get started somewhere.  2) If you're already trading your own account, why not spend 5k or so to start a hedge fund and earn additional money managing other people's money too?  3) It seems to me you are only looking at normal hedge funds and not considering the thousands of micro sized hedge funds which largely go un-reported on.  Even those do indeed typically start with 500k-5 mil, but to suggest that I can't start one with 100-150k is simply nonsense.  I did, and anyone else can too if they go through the proper paperwork (management LLC, fund LP, memorandum of offering written up, etc), and get the proper NASD licensing.  BTW, now that I think about it more, I think mine was 150k, not 100k.  Never-the-less, it was certainly one of the smallest ever."}
{"_id": "269970", "title": "", "text": "\"The Amazon one \"\"Budding Prospects\"\" has light years more potential then this terrible show. If it was a strain of weed, it was be  call Annoyed Sleeper. I tried to watch, was annoyed and turned it off n went to bed\""}
{"_id": "269987", "title": "", "text": "\"As cryptocurrencies are rather new compared to most assets, there hasn't been a lot of specific guidance for a lot of situation, but in 2014 the IRS announced that it published guidance in Notice 2014-21. I'm not aware of further guidance that has been published beyond that, though it wouldn't surprise me if treatments changed over time. In that notice, the answer to the first question describes the general treatment: For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency. Your specific questions (about what constitutes a \"\"business\"\", and when you're considered to be \"\"selling\"\" the cryptoproperty) are likely to be considered on a case by case basis by the IRS. As the amounts involved here are so small (relatively speaking), my recommendation would be to read through what the IRS has published carefully, make reasonable assumptions about what scenarios that are described are closest to what you're doing, and document doing so clearly as part of your tax preparations. And when in doubt, erring on the side of whichever option incurs more tax is unlikely to be objected to by them. Of course, I'm not a lawyer or tax advisor, I'm a stranger on the Internet, so for \"\"real\"\" advice you should contact somebody qualified. I doubt you'd be faulted too much for not doing so given the amounts involved. You could also attempt contacting a local IRS office or calling them with your specific questions, and they may be able to provide more specific guidance tailored to you, though doing so may not save you from an auditor deciding something differently if they were to examine your return later. There are also phone numbers to contact specific people listed at the end of Notice 2014-21; you could try calling them as well.\""}
{"_id": "269995", "title": "", "text": "There aren't really any viable competitors though. Standard oil also had competitors, but they would do the same undercutting that Amazon does to drive those competitors out. There is eventually going to have to be some federal regulation come down on Amazon if they keep up at this rate.   You mark my words, ye scurvy dogs."}
{"_id": "270006", "title": "", "text": "\"Marketing; if the hungry man is your target market and your taco product can't reach him because he's unaware of the taco product.  Sales; if the hungry man took one look at you and your taco and \"\"No, thanks... There's probably something wrong with it.\"\"  or learn to be a better chef if he took a bite and puked. You probably made him hungrier by making him chuke...\""}
{"_id": "270022", "title": "", "text": "As I see it the two main considerations are:  Total amount of money received, for which the key variable is life expectancy. 41000 * 0.8 = 32800, so at \u00a386 / week she would only be better off with the lump sum if she expected to live for less than ~7.3 years. Obviously none of us have a crystal ball, but you could make some assessment based on her current health, risk factors etc. to see whether that seemed feasible. Also you do have to bear in mind that the value of \u00a386 in 7 years' time will be less than it is now - but I guess the \u00a386 would be inflation adjusted? Her need for income (versus capital). If she takes a lump sum and invests it in a house, that is great but doesn't provide any income at all. If she has sufficient income from other sources (and forecasts this other income to continue until her death) then the lump sum might be more attractive, but if not then she would need to be sure that she wasn't tying up the money unnecessarily. Another option here would be using the lump sum to buy an annuity, and it might be wroth exploring this, but I doubt whether the rates would be good enough to beat the \u00a386 / week she is being offered as an alternative. Another (lesser?) consideration is her future entitlement to state-funded care if needed in her later years. If you have assets above a certain amount you are expected to fund your own care, in which case having an expensive house might actually be more of a liability than a help."}
{"_id": "270027", "title": "", "text": "Previously, Google had a delayed update for their stock prices (15 minutes I believe). That change enabled users of Google Finance to see updates to stock prices in real-time."}
{"_id": "270038", "title": "", "text": "I would never, ever recommend that to a startup business like what's being discussed here. You're talking about a larger, regional business that's doing at least $200,000 a year in revenue, if not significantly more, for a $15,000 site to be effective. Or an e-commerce store.  But, yeah. Your price is right for that sort of thing."}
{"_id": "270054", "title": "", "text": "The billion dollar jackpot is a sunk cost, a loss for prior bettors. If you had $250M and could buy every ticket combination, you'd be betting that not more than 4 other tickets will win on the next drawing. Even if 5 won, you'd have all the second place, third place, etc tickets, and would probably break even at worst.  Forget this extreme case. If I gave you a game where you had a chance to bet $100,000 for a 1 in 9 chance to win a million dollars, would you do it? Clearly, the odds are in your favor, right? But, for this kind of money, you'd probably pass.  There's a point where the market itself seems to reflect a set of probable outcomes and can be reduced to gambling. I've written about using options to do this very thing, yet, even in my writing, I call it gambling. I'm careful not to confuse the two (investing and gambling, that is.)"}
{"_id": "270117", "title": "", "text": "\"The last 300 years of civilization have been amazingly atypical. We have experienced industrial revolution after industrial revolution.  Economic revolutions that would have changed the world in 1000 AD show up as noise.  Coal, Canal, Rail, Trade, Electricity, Refrigeration, Oil, Gas, Nuclear, Assembly Line, Vacuum Tube, Mass Education, Transistor, Integrated Circuit, Nano-tech, Antibiotics, Slaying of absolute Poverty, Democratic, Feminism, Superhighway, Automobile, Airplane, and on and on and on. A cascade of miracles and world-shaking events that have intertwined and together generated a many century long economic singularity that has upended the entire world and generated today's world. The question you should ask, is tomorrow going to be like today?  And the answer is yes; in weather, and in economics, the most likely bet bet is always \"\"things keep on going like they have in the short term\"\".  But next week?  Next month?  That is often not much like today. There is reason to believe that the yield on the above revolutions will continue to propel the economy forward, and that there are multiple promising new revolutions on the horizon. But barring that kind of world-shaking revolution, you are not going to maintain a 5% real return on investment over another centuries for the stock market.  The value of investments has to go up by a factor of over 100 in order for that to happen, and the US stock market is already close to 20 trillion dollars. For it to have a market cap of 2 quadrillion dollars the world economy will have to be much larger than it is today.  And to be that much larger, the world would have to be a much stranger place that values very different things. We are currently roughly a K-type 0.72 civilization.  A simple linear expansion of our power of 100x brings us up to K-type 0.92, which is going to cook the planet from waste heat (not from CO2, but just from the waste heat of the energy it uses!) Efficiency can mitigate this, but only to a degree.  100x more efficient technology is going to less believable than a beanstalk and space colonies. If you believe that the stock market is going to continue to grow at 5%/year for the next century, start investing in really out-there technologies.  Gene editing, virtual and augmented reality, space beanstalks and private lift, miraculously cheap energy storage, etc.  Because simply refining the technology of today won't get us there. Modern industrial civilization has been a miracle factory.  That is what pulled off that growth rate.  If the miracles stop coming, so does the growth. There is a road to it.  It would involve clean energy, mass personal automation and friendly (not smarter than human) AI, and the entire world lifted up to the standard of living of the top 3% of the USA on average.  But it is far from guaranteed.\""}
{"_id": "270121", "title": "", "text": "Wal-Mart employees aren't unionized.  I have no issue with private unions, but in this case, there are plenty of people that will do the job for minimum wage. The Wal-Mart employees really just don't have much of a leg to stand on and I'm okay with that.   If they want better pay and better benefits then they should acquire skills that are valued by society."}
{"_id": "270137", "title": "", "text": "[Original Source](https://xkcd.com/386/)  [Mobile](https://m.xkcd.com/386/)  **Title:** Duty Calls  **Title-text:** What do you want me to do?  LEAVE?  Then they'll keep being wrong\\!  [Comic Explanation](https://www.explainxkcd.com/wiki/index.php/386#Explanation)  **Stats:** This comic has been referenced 4361 times, representing 2.6770% of referenced xkcds.  --- ^[xkcd.com](https://www.xkcd.com) ^| ^[xkcd\u00a0sub](https://www.reddit.com/r/xkcd/) ^| ^[Problems/Bugs?](https://www.reddit.com/r/xkcd_transcriber/) ^| ^[Statistics](http://xkcdref.info/statistics/) ^| ^[Stop\u00a0Replying](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=ignore%20me&amp;message=ignore%20me) ^| ^[Delete](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=delete&amp;message=delete%20t1_dk5xtt7)"}
{"_id": "270154", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-usa-policy-development/u-s-is-a-danger-to-the-world-warns-top-economist-idUSKCN1C41XD) reduced by 81%. (I'm a bot) ***** &gt; BARCELONA - A global push to end poverty and hunger, and combat climate change by 2030 is at risk from American &amp;quot;Militarism&amp;quot;, powerful business interests and the actions of President Donald Trump, said leading U.S. economist and U.N. special adviser Jeffrey Sachs.  &gt; &amp;quot;More and more I see that while the kind of technical solutions I work on are very important ... the real obstacles that we are fighting every day are the political obstacles, the headwinds of powerful interests, bad ways of doing things,&amp;quot; he added.  &gt; Sachs, who has helped some 100 countries shape their policies, said he had expected to focus on international development issues &amp;quot;Because the U.S. would more or less take care of itself&amp;quot; - but that no longer applies to his home nation.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73l97c/us_is_a_danger_to_the_world_warns_top_economist/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219995 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **U.S.**^#1 **Sachs**^#2 **More**^#3 **United**^#4 **going**^#5\""}
{"_id": "270166", "title": "", "text": "This is exactly how I started, starting a simulation account on the CBOE website just to see what situation was profitable because it was all greek to me. Actually after learning the greeks, I realize that site was worse and eventually read some books and got better tools. The screenshot you have is telling you the strikes, but unfortunately they are showing you the technical name of the contract on the exchanges. For example, just like you type in AAPL to buy shares of AAPL stock, you can type in VIX1616K16E to get that one particular contract, expiration and strike. So lets break it down just by inferring, because this is what I just did with that picture: You know the current price of VIX, $17.06 Calls expiring November 16th, 2016:  What is changing? SYMBOL / YEAR / EXPIRATION DAY / STRIKE / OPTION-STYLE (?) So knowing that in the money options will be more expensive, and near the money options will be slightly cheaper, and out the money will be even cheaper, you can see what is going on, per expiration."}
{"_id": "270170", "title": "", "text": "Minneapolis,  St Louis. .....I would agree that Taco Bell is better than Qdoba. ....but that's because health wise it is worse than Qdoba.....Qdoba is good if you find one with a great manager that knows you have to change out the trays often. They are the original ones as far as queso goes.....last time I ate there they had this great bacon queso that was so good...but you have to be very high on weed to enjoy any of these fake mexican restaurants. When I'm sober, I can only stomach real mexican."}
{"_id": "270176", "title": "", "text": "Stop with all the stupid big words. You sound really pretentious. Just learn your 3 statements from accounting coach and learn statement analysis from streetofwalls.  If you're interested into valuation, streetofwalls is a good primer for DCF/public comps/M&amp;A comps/scenario analysis (LBO), but if you want to literally build out the model, Joshua Rosenbaum's investment banking valuation book is great. Everyone in banking I know used it to learn valuation"}
{"_id": "270221", "title": "", "text": "\"There are no risk-free high-liquidity instruments that pay a significant amount of interest.  There are some money-market accounts around that pay 1%-2%, but they often have minimum balance or transaction limits.   Even if you could get 3%, on a $4K balance that would be $120 per year, or $10 per month.  You can do much better than that by just going to $tarbucks two less times per month (or whatever you can cut from your expenses) and putting that into the savings account. Or work a few extra hours and increase your income. I appreciate the desire to \"\"maximize\"\" the return on your money, but in reality increasing income and reducing expenses have a much greater impact until you build up significant savings and are able to absorb more risk.  Emergency funds should be highly liquid and risk-free, so traditional investments aren't appropriate vehicles for them.\""}
{"_id": "270223", "title": "", "text": "I know I can not trade futures realistically (I never claimed I could). All I wanted was some exposure to commodities.  If I could just trade many of these things in an ETF like GLD or XLV, I would have done that.   On the topic of margin, I appreciate your explaining that to me. I admit readily that I could never invest in futures straight, but I would like to get into commodities and other types of investments. I have tried to look for value in the market, but I have not found many things I would put my money in. I have gone as far as to look through OTC ADRs to find some foreign value, and I found nothing. I just want to be able to trade in any market, and I would consider shorting, but I don't like to be too risky. I want to go long on positions, and it seemed like commodities may be a good speculation to LOOK INTO. Taking rough rice as an example, there are millions (if not billions) of people who eat rice to survive. People will always need oil to fuel their cars. People will always need electricity. So I guess what I am trying to do is look into things that allow me to profit, regardless of where equities are going. The only thing I want to do is trade the options of the futures, not the actual futures themselves. I hope I did not confuse you. If I can earn even $20 from buying an option at a lower price and selling higher, it would allow me to have a greater breadth of tools to use when the market may be overvalued."}
{"_id": "270233", "title": "", "text": "\"The \\^ symbol means exponentiation.   You're multiplying by 216 instead.  So rephrasing that in Excel functions (without just using \"\"=FV(0.004308,216,-175)\"\"), you'd have \"\"=((POWER(1.004308,216)-1)/0.004308)*175\"\".  Note that I originally mentioned the difference between .004308 and 0.0517/12 because it makes roughly a $2.56 difference in the answer.\""}
{"_id": "270244", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/09/30/business/energy-environment/coal-alternative-energy-jobs.html) reduced by 87%. (I'm a bot) ***** &gt; Still, the Goldwind technicians say working so high up is one of the job&amp;#039;s best features.  &gt; In front of the trailer, Chancey Coffelt, 33, Goldwind&amp;#039;s regional safety manager, was showing the climbing group how to put on harnesses - a network of heavy metal clips and rings attached to straps that thread over the shoulders, across the chest and around each thigh.  &gt; As with the other men, Mr. Morgan&amp;#039;s work experience made him an attractive candidate for Goldwind.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73j7mx/whats_up_in_coal_country_alternativeenergy_jobs/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219848 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Goldwind**^#1 **work**^#2 **wind**^#3 **climb**^#4 **safety**^#5\""}
{"_id": "270256", "title": "", "text": "\"[Wrong](http://www.cnbc.com/id/44516166/Are_Hedge_Fund_Fees_Justified)  \"\"hedge fund managers were asked to justify their standard two percent management, and twenty percent performance fees.\"\" 9/14/2011  [Wrong #2](http://www.bloomberg.com/news/2011-09-07/wealthy-investors-keep-paying-hedge-fund-fees-even-with-anemic-returns.html) 9/6/2011  \"\"Wealthy investors who put money in hedge funds face high fees, usually a 2 percent management fee and a 20 percent performance fee\"\"\""}
{"_id": "270269", "title": "", "text": "Why Stocks go up and Down by William H Pike is a great source if you are looking to interpret statements for stock analysis. This book really starts from the beginning and clearly explains with a running example of a fake company."}
{"_id": "270273", "title": "", "text": "Hi everyone, i am Chloe Raymond am so glade coming back to this great forum to testify about the help i received from Chester Brian. I was in desperate need of a loan in other to be free from debt and financial bondage that was place on me by my ex husband. It was really bad that i have to seek for help from Friends,family and even my bank but on one could assist me because my credit score was really bad. So i was browsing with my computer and saw some testimonies from people Chester Brian assisted with a loan, then i decided to contact him on his email brianloancompany@yahoo.com, then i received a mail from them and i did all that was asked from me. To my greatest surprise they transferred to my account the loan i requested and now i am so happy  clearing my debt and have also started a business with the remaining amount to take care of myself and family. If you need a loan do contact the best loan lender of all time Chester Brian on his email: BRIANLOANCOMPANY@YAHOO.COM or Call/Text +1(803) 373-2162"}
{"_id": "270286", "title": "", "text": "\"Certain phrases are blacklisted, I am not 100% about tithing but it might be they don't want any flak about people claiming that Wells Fargo is the one tithing (with a religious connotation) Either that or a super conservative ban on \"\"tit\"\", but I would guess the former more likely.\""}
{"_id": "270305", "title": "", "text": "&gt; Soooo those bombings and stabbings happening on a daily basis are irrational fear because it didn't happen to you right?  Those bombings and stabbings are an irrational fear because it is incredibly improbable.  The Grenfell fire alone will likely kill more people than terrorism in the UK for the past 20 years combined, (79 dead and climbing vs 89 deaths to terror since 2000).  Terrorism is a more complex problem than a demagogue shouting BAN ALL MUSLIMS! If that's not utilizing fear, I don't know what is (especially since white terror attacks are conveniently ignored by Trump)."}
{"_id": "270317", "title": "", "text": "\"I'm sure this was just one of the first steps. Let's be honest, many times Finance guys aren't exactly the best speakers, and who is right out of college?   I'm certain there was a part of the interview that required him to use his \"\"unmatched technicals skills\"\" that came from an Intro course. Maybe this is where he shined.   Either that, or Goldman saw the opportunity to mold this motivated young man into whatever they needed.\""}
{"_id": "270339", "title": "", "text": "If it's always the same person, you could open a joint account.  Then fees are avoided altogether.  How fast the funds are available depends on what you deposit.  Cash is immediate."}
{"_id": "270345", "title": "", "text": "Delta hedging is not the same as being delta neutral, what you just described is being delta neutral. There exist reasons for a retail trader to be conscious of delta when choosing an option."}
{"_id": "270357", "title": "", "text": "That all depends.  When you fire someone, did you actually make the department operate more efficiently, is the department just increasing their backlog of work/delivering worse service, are they having to authorize more overtime hours for the remaining employees, or are they hiring contract labor to make up the difference?  Are you going to have to pay out severance packages or defend wrongful termination lawsuits?  Generally, unless the layoffs are done via a long and slow workforce reduction process, the savings can't be booked in any sort of a meaningful manner."}
{"_id": "270369", "title": "", "text": "\"&gt; I don't get why our free market economy relies on constant and continuous growth in producing goods/services. Doesn't this contradict the entire point of economics in that there are scarce resources ?  Hmm, it's a good question.  I think my answer would be that economics doesn't require continuous growth, politics does.  Ideas that politicians sell us like \"\"pull yourself up by your bootstraps\"\", social security, and supply-side economics need continuous growth to work.\""}
{"_id": "270396", "title": "", "text": "Quick, move to the state where the ticket was bought.  Set up a resident and then claim the prize.  Then, move back home, if you want. IMO But both states will still try to make a claim for the tax money, if you give them a reason to try.   They have nothing else to do, but look for revenue."}
{"_id": "270417", "title": "", "text": "\"If you're referring to times when they pay nothing (or receive a refund) at the end of the year, it's because they're paying taxes throughout the year. At the end of the year, the accountants find that they paid exactly what they needed to (or more), so they don't have to pay anything (or get money back) on their yearly forms.  I don't think there's a US corporation paying \"\"almost zero tax\"\" in the US.\""}
{"_id": "270419", "title": "", "text": "I don't need to believe Trump to know that it is true.  How many missile defense systems does Europe currently operate within Europe?  How many European countries have US military bases?    Of course, the US isn't doing this out of the kindness of our hearts.  We have something to gain from it as well.  My overall point was to put into perspective that Europe's strong social safety net is not all the result of European values.  It's also a luxury that comes from not having to spend a ton of money on it's own defense."}
{"_id": "270420", "title": "", "text": "I'd start by doing a ton of research, talking to anyone you know who's in the business, making a business plan, hiring someone to consult on said plan and make sure it's feasible and potentially taking on a partner to help you with the logistics. Tons of entrepreneurs have created successful businesses without any sort of prior knowledge, but they worked their butts off in order to get it started."}
{"_id": "270426", "title": "", "text": "Self employment is. Freelancing is the same thing as owning a shop on mainstreet.  Many small businesses are operated by a single person.  It occurs to me now there are probably people who differentiate between business ownership and freelancing because they want to diminish the achievements of freelancers. Those people are wrong and should be looked out for.  What are your motives? /u/spitinthecola"}
{"_id": "270449", "title": "", "text": "Using a virtual credit card doesn't stop them from reporting it.  Virtual credit cards are about avoiding fraud, not about avoiding responsibility for money you owe."}
{"_id": "270463", "title": "", "text": "Have you decided to own a boat? Congratulations, you are making a steady step toward the accomplishment of your dreams. \u00a0Now you can take your boat and ride on the top wave of the ocean, no more daydreaming about having a boat to get fun in the life."}
{"_id": "270465", "title": "", "text": "Many things I buy from Amazon I could get cheaper from Walmart but I pay more from Amazon just so I don't have to go to Walmart. It isn't the company itself that keeps me away, its the people that frequent the establishment and the lines.  Funny you should mention the locker. I remember when they first started rolling this out and until just now, I had no idea I actually have 2 in my area."}
{"_id": "270502", "title": "", "text": "I generally agree with the sentiment in many other answers that $27K is more I would personally spend on a car if I were in your position. Having said that, the following assumes you are already intent on buying that car.  Even if you change your mind, I think the general ideas still apply."}
{"_id": "270507", "title": "", "text": "It's awful. Avoid it at all costs, because [they have proven to be insecure.](http://www.zdnet.com/article/000webhost-hacked-13-million-customers-exposed/)   They were saving passwords in plain text for crying out loud. If a company with millions of customers doesn't even take the step of safely storing customer data, I wouldn't trust them with anything regardless of what they promised after the breach."}
{"_id": "270527", "title": "", "text": "I'm suddenly excited that I still remember my six digit number.   Bad news: password is long forgotten after AIM became the thing. Email to recover it is in another long forgotten AOL email with password that requires a call to AOL to reset.   I think the dream is dead."}
{"_id": "270532", "title": "", "text": "Sorry to call you out on this, but your numbers are definitely off. If someone takes you seriously you'll be misleading them and I'd like to avoid that. Maybe you had this conversation with your friends many years ago when salaries were lower?  The big consulting firms all have set base salary and signing bonus for all entry level positions in the US. Everyone in the starting class out of undergrand has the same starting salary (across all geographic regions). Depending on the firm and your performance, you then receive a year end bonus (or no bonus at all). For MBB, you can expect close to a 6 figure salary in your first year. With an MBA, you're closer to $200k with bonus.  Source: I work for a top consulting firm, but here are some hard figures: http://managementconsulted.com/consulting-jobs/2012-management-consulting-salaries-undergraduate-post-mba/#"}
{"_id": "270535", "title": "", "text": "\"&gt; He's a marketer &amp; speaker -- he learns just enough of the buzzwords &amp; jargon to make it SOUND as if he knows what is going on... but -- like many other similar people -- he really doesn't have a frigging clue.  I think you would need to know the man pretty well before you could make that judgement. A lot of people that knew him better than you do seem to have reached a different conclusion.  \"\"Understanding technology\"\" really isn't that a high a bar. It doesn't take much to get there.  &gt; Sony was working on \"\"color TV's\"\" yes... but not anything related to what became the \"\"Trinitron\"\" -- that history is well documented (both in the patents that they licensed, and the people/teams &amp; subsequent patents that they filed, as well as in various narrative histories from the people involved).  Sony, along with everyone else, was working on different colour TV displays pretty much since the late 1940's. Sure, the final Trinitron design wasn't in place until the late 60's, but even Sculley with all his exaggerations doesn't describe his design or the patent that was issued just before he applied as the final Trinitron design, but rather a predecessor.  &gt; Jobs was bullshitter -- a very charismatic one no doubt -- but a bullshitter nonetheless.  Sure, but he definitely understood the application of technology.  &gt; ROTFLMAO... Riiiight... that's why he promotes himself as a \"\"technology visionary\"\" speaker:  &gt;&gt;In the Age of Smartphones, Smart Pads and Smart TVs, John Sculley is the Quintessential Smart Entrepreneur - A Compelling Public Speaker on Innovation in Global Business and Technology  That's someone else describing him, and at best that person is describing him as someone who really knows innovation (which is NOT the same as technology). Honestly, the first part (I'm trying to imagine how he could be the quintessential of *any* kind of entrepreneur) is more off than the last part (which you could even imagine applying to a historian/anthropologist who had studied innovation in business &amp; tech).\""}
{"_id": "270539", "title": "", "text": "The ETF supply management policy is arcane.  ETFs are not allowed to directly arbitrage their holdings against the market.  Other firms must handle redemptions & deposits.  This makes ETFs slightly costlier than the assets held. For ETFs with liquid holdings, its price will rarely vary relative to the holdings, slippage of the ETF's holdings management notwithstanding.  This is because the firms responsible for depositing & redeeming will arbitrage their equivalent holdings of the ETF assets' prices with the ETF price. For ETFs with illiquid holdings, such as emerging markets, the ETF can vary between trades of the holdings.  This will present sometimes large variations between the last price of the ETF vs the last prices of its holdings. If an ETF is shunned, its supply of holdings will simply drop and vice versa."}
{"_id": "270540", "title": "", "text": "Scanning receipts is easy and any decent scanner will do a good job for you. The difficult part is the software that 'extracts' the data. Today there is no software that can do this really well because there is just too great a range of receipts (e.g. handwritten receipts, receipts in foreign languages, etc.). For this reason services like Shoeboxed (in the US) and Receipt Bank (in Europe) are very popular. (Added disclosure: Michael Wood's profile web site link indicates he is associated with Receipt Bank.)"}
{"_id": "270543", "title": "", "text": "Interest rates will be 0% and somehow the economy will magically pick up!        That's seriously the plan. I think there will be class revolts as the status quo continues with continued fairly heavy inflation in food. The U.S. media will pretend it has something to do with people wanting freedom from tyranny or whatever.        edit: My point is all economies are eventually doomed under the current system."}
{"_id": "270549", "title": "", "text": "The problem you'll have is that premium income is a vague term so you have to figure out what they mean by a) premium and b) income. Gross or net of reinsurance and acquisition  costs? Written or earned basis?  Combined ratios are also a pig, very commonly they are loss ratio + expense ratio --- but of course loss ratio is losses incurred / premium earned while expense ratio is expenses paid / premium written so it's a self-inconsistent measure. And then there's investment income, and then there's reserve releases..."}
{"_id": "270567", "title": "", "text": "Water is de meest waardevolle stof die op onze aarde aanwezig is. Aangezien ons lichaam uit 70% water bestaat, kan een kleine tekort aan ernstige gezondheidsproblemen voor ons leiden. Daarom is het heel belangrijk dat we fris en schoon water drinken."}
{"_id": "270573", "title": "", "text": "What is cheap? A stock may fall from $20 per share to $10 per share, but it may have gone from making a $100M profit last year to a $100M loss this year. So now at $10 per share it may still be considered expensive. You need to be very careful when to consider that a stock is cheap or not, you'll have to look at more than just the share price."}
{"_id": "270577", "title": "", "text": "Why are we talking about coal miners like they are little children? Clean energy jobs exist and are growing, coal is on the way out. If they want a job in clean energy they can get up and get one. If they want to pine about the good old days of coal where a high school drop-out could make good money for life in the mines, well, they can do that too."}
{"_id": "270595", "title": "", "text": "Facebook is non dividend paying. It's up over 300%. Berkshire is non dividend paying.  The only thing it's stopping is that stock from gaining 10% more because more stock isn't being bought with those sweet sweet payments. And that stock price doesn't create jobs, and neither did lowering taxes on stocks. You know what creates jobs? That money being taxed and put back into the economy."}
{"_id": "270638", "title": "", "text": "Depends very much on where you live. Seasonal credits dovetail nicely with hydro generation, which usually peaks in winter and fades in summer, so solar net metering helps fill a gap that would otherwise be fossil fueled. Nevertheless, utilities in hydropowered conservative states like Arizona and Idaho have succeeded in hobbling grid-tied solar by blocking state mandates on credits for seasonal surpluses."}
{"_id": "270639", "title": "", "text": "The fact that something is a choice doesn't mean that it is insane and terrible for someone to choose the less healthy option. Processed foods are easier to find and cheaper to purchase. Some people have jobs that force them into patterns of behavior that are unhealthy. Judging every single person who makes a poor choice to be an entitled piece of shit, as you did in another post, is not reasonable or fair."}
{"_id": "270642", "title": "", "text": "A routing number and account number are on the bottom of every check. If anybody who ever handled your checks or even saw your checks could just withdraw as much money as they wanted, the whole banking system would need to be reworked. In short, just having that info is not enough. Not legally."}
{"_id": "270645", "title": "", "text": "In total: http://www.epa.gov/climatechange/images/ghgemissions/GlobalGHGEmissionsByCountry.png  Per capita: http://www.google.ca/imgres?imgurl=http%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2F4%2F4b%2FCO2_per_capita_per_country.png&amp;imgrefurl=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FEnergy_policy_of_China&amp;h=370&amp;w=800&amp;tbnid=BTPRW3LfUmv13M%3A&amp;zoom=1&amp;docid=dNtuofJYkSl4CM&amp;ei=xIjiU-OIOsyHyAS_vILgCA&amp;tbm=isch&amp;ved=0CCgQMygLMAs&amp;iact=rc&amp;uact=3&amp;dur=4685&amp;page=1&amp;start=0&amp;ndsp=12  If you ask me per-capita is a better representation. The average north american fridge uses the same amount of energy in a year as 10 Ethiopians. Poor people face the decision of burning fossil fuels or dieing. We mainly do it much more liberally."}
{"_id": "270660", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.fool.com/investing/2017/09/17/why-china-is-crushing-the-us-in-solar-energy.aspx) reduced by 85%. (I'm a bot) ***** &gt; By any objective measure, China is crushing the U.S. in the business of solar energy.  &gt; Canadian Solar, JinkoSolar, JA Solar, and Hanwha Q-Cells are among the largest solar module suppliers in the world and are publicly traded in the U.S. Trina Solar, LONGi, and GCL-Poly are also major manufacturers with operations in China, but they&amp;#039;re private or not traded in the U.S. The public companies give an illustration of how they fund expansion.  &gt; China has made the solar industry a priority and is giving government support to develop manufacturing and push for solar power plant installations.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70u3x3/why_china_is_crushing_the_us_in_solar_energy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211963 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **solar**^#1 **China**^#2 **U.S.**^#3 **plant**^#4 **manufacturing**^#5\""}
{"_id": "270678", "title": "", "text": "\"For 8 years the Left shouted, \"\"Bush's fault!\"\"  Before he was even president, when he was just President-Elect we already saw, \"\"Trump's fault!\"\".  But when the economy is strengthening it's \"\"Obama's fiscal year.\"\".  Dear Lord, you should be in the Olympics with the skill of mental gymnastics you must do everyday in order to maintain your Idenity Politics narrative. Lol\""}
{"_id": "270683", "title": "", "text": "Well, that's a loaded question.  You're assuming the goals that QE is attempting to accomplish are desirable.  I advocate the abolition of central banking.  I believe it causes more problems that it solves.  Booms and busts have actually happened more frequently after the creation of the Fed (in the US).  The QE scheme is designed to keep the central banking model afloat at the expense of the 99%.  I don't believe there needs to be an alternative, because I don't believe this type of manipulation should ever be done.  It invites obvious corruption, pushes legitimate problems down the road and creates an even bigger problem for future generations to deal with."}
{"_id": "270685", "title": "", "text": "I am quite aware that corruption goes beyond cash.  I was merely pointing out that most tax incentives are not a literal, real-time transfer of money from the tax payers to the corporations.    I have had quite a few discussions with people about this and some folks think that their tax dollars are literally being transferred form their paycheck withholdings to a company's bank account and that is not exactly true.  It sounds like you understand the difference but some do not."}
{"_id": "270699", "title": "", "text": "No one at my firm uses python, but we have both long-term algo-managed portfolios as well as very successful day trading strategies. I've worked a bit with both, so if you have any questions I'd be happy to try and answer them and if I can't I'll ask at work next week."}
{"_id": "270702", "title": "", "text": "CS grad here currently getting my MBA. seriously don't do CS unless you love, and I mean LOVE programming. I did it and realized junior year that I hated it and was miserable. I stayed another year and got a minor in business which landed me a job in consulting. CS is hard man. Really, really hard and you get total shit interaction with people. If you have other questions I'd love to answer. On mobile now so I can't go into super detail."}
{"_id": "270734", "title": "", "text": "The hair specialist offers the wide range of the Hair braiding and weaving styles and it is suitable for all ages. Search the online most popular salons that give you a better opportunity for fashionable African hair style. We have a large menu of the African style in braiding hair.  We have a good team that's expert for the hair braiding Bremerton.  African hair style is one of the most fashion. That man and girls like this fashion and also beautiful fashion. Hair braiding is challenging and fun to enjoy for some amount of time among friends. Hair braiding is fun; however, it does have some of the advantages and disadvantages based on the braiding you are going to choose."}
{"_id": "270739", "title": "", "text": "Removing ss and Medicaid which is paid for already but borrowed from at the federal level, no there isn't 1tn in social spending. And the deficit is 440b? Pretty sure it's topping 600 right now. And yeah our Fortune 500 make 1tn after taxes."}
{"_id": "270757", "title": "", "text": "Is this really an issue? There are already 3rd party places that will fix iPhones and such. It will void a warranty of course, but if it's under warranty, you'd want to likely go to the Apple stores anyway, no? And for other items, it is just not feasible to repair anyway."}
{"_id": "270763", "title": "", "text": "Applebees is another word for shit IMO. It's demise is long overdue. My last visit was a few years ago to a Florida location and my meal wasn't bad, but no one wants to pay Applebees prices for unhealthy, GMO, high fat and sodium food that is unoriginal. You can go to a fast casual place or a local restaurant and pay less for a much better meal."}
{"_id": "270783", "title": "", "text": "\"&gt;Average hours per worker has increased versus 30-40 years ago. That and better technology means we are more productive than ever. Production is great. Maybe it's too great?  You really don't see the problem with this? More and more Americans (and other countries) are struggling and forced to work extra hours, if not two or three jobs, just to get by. The productivity and GPD (and cost of living) of the average worker has increased by an ENORMOUS amount, ***SO WHY HAVEN'T THEIR WAGES?!***  &gt;If you slowed production, maybe you could prevent wealth from collecting in a few hands so quickly?  &gt;Wouldn't that be a \"\"weaker economy\"\" rather than a \"\"stronger economy\"\"?  No one's arguing that. Straw man. What people really want to see is policy reform to give labour better compensation.  &gt;Here's the crux of your problem. America got incredibly wealthy from WW2. This is why 30-40 years ago, there was a rich middle class that was stronger than it is today. This was not \"\"the economy's\"\" success. This was luck (or strategy, depending upon how much government planned it out).  So where'd that wealth go? It just fucking disappeared, right? And the economy shrank? Fuck no. US GPD is [at ***record highs***](http://www.multpl.com/us-gdp-inflation-adjusted/table), but [***the compensation for labour has stagnated during those 30 years of prosperity.***](http://www.data360.org/dsg.aspx?Data_Set_Group_Id=773)\""}
{"_id": "270792", "title": "", "text": "\"Europe was more advanced technologically, which was probably the main reason, if we want to go into reasons why that was so, we could really go down a rabbit hole on this one.  To be fair, they did try with the caliphates, granted that was not \"\"Africa\"\", but it was the \"\"closer\"\" portions of Africa with Spain and even France being invaded, and same goes for central/eastern Europe. the Ottomans were in Eastern Europe all the way until WWI, and I guess still technically occupy the Istanbul area. Isn't Albania also majority muslim? Also didn't the Kosovo conflict start as a Muslim genocide (I have no idea, just watched behind enemy lines, which is probably a reallllly crappy source of historical facts)\""}
{"_id": "270811", "title": "", "text": "Find out why it's doing the way it is before getting yourself into it. Two brothers I worked for a few years ago got talked by family into buying an alley in a similar situation. They took out around a million dollars in collateralized loans to try and rehabilitate the place, but it just never took off and the brothers almost lost everything they owned. They were in legal battles for years, and their main business suffered as a result."}
{"_id": "270817", "title": "", "text": "But in the USA, you pay more for a better education. In Israel, the top schools cost the least because they are public.  The scholarship system.is basically charity to make up the difference that the government should be making up. It's similar to other conservative schemes in that way where the government doesn't provide for social needs and instead the masses rely on charity. Like with healthcare."}
{"_id": "270818", "title": "", "text": "\"You seem to be treating your Roth IRA as a sort of savings account for use in emergency situations.  I would use a savings account for savings as withdrawing money from an IRA will have penalties under various circumstances (more than contributions, Roth IRA less than 5 years old, more than $10k for a down payment). Also, you mention folding your IRA into your 401k so that it will \"\"grow faster\"\".  However, this will not have that effect.  Imagine you have $30k in an IRA and $100k in a 401k and you are averaging a return of 8% / year on each.  This will be identical to having a single 401k with $130k and an 8% / year return. This is not one of your questions, but employer matches are not counted in the 401k contribution limit.  If your 22% calculation of your salary includes the match to reach the max contribution, you can still contribute more.\""}
{"_id": "270823", "title": "", "text": "&gt; it seems like they pretty much sit in offices and crunch numbers, mostly figuring out how to structure deals, and whatnot.  That's mainly true for VP below. Investment decisions are made by more senior people that sit on investment committees. Not all PE firms focus on operational improvements but some hire industry experts (e.g. former CEOs) and then help smaller firms with their expertise but also access to cheaper financing. E.g. sometimes PE firms would buy some small firms and create a big company out of them."}
{"_id": "270826", "title": "", "text": "I would lean towards taking the lump-sum too if that were my situation. However, the value of the sum offered is likely lower than the value of the pension plan would have paid out - otherwise how would it be any advantage to offer it?  So, uncertainty about receiving the benefits is reduced, but you're still likely taking a loss vs what was promised. It's better then the pension plan going completely insolvent and paying nothing, but no reason for celebration either."}
{"_id": "270829", "title": "", "text": "The collapse is truly stunning, and was completely avoidable. The executives drove that company into the ground, completely ignoring the iPhone when it came out. They were full of hubris. They were the kings of Wall Street, they could do no wrong and wasted cash like you wouldn't believe. Meanwhile, inside the company, there was no communication, no vision and no execution. Sad, really."}
{"_id": "270836", "title": "", "text": "There is no perfect age. Factors that I consider important are, Perfect age for the long term care insurance is after you retire. When you are working, you do have insurance provided by your employer.  It also depends on your assets. If you have assets in excess of $250,000 then you will less likely get any government assistance.  In general, age between 60 and 65 would be perfect for the long term care insurance."}
{"_id": "270844", "title": "", "text": "\"Disclaimer: I am a law student, not a lawyer, and don't claim to have a legal opinion one way or another. My answer is intended to provide a few potentially relevant examples from case law in order to make the point that you should be cautious (and seek proper advice if you think that caution is warranted). Nor am I claiming that the facts in these cases are the same as yours; merely that they highlight the flexible approach that the courts take in such cases, and the fact that this area of law is complicated. I don't think it is sensible to just assume that there is no way that your girlfriend could acquire property rights as a rent paying tenant if arranged on an informal basis with no evidence of the intention of the arrangement. One of the answers mentions a bill which is intended to give non-married partners more rights than they have presently. But the existence of that bill doesn't prove the absence of any existing law, it merely suggests a possible legal position that might exist in the future. A worst-case assumption should also be made here, since you're considering the possibility of what can go wrong. So let's say for the sake of the argument that you have a horrible break up and your girlfriend is willing to be dishonest about what the intentions were regarding the flat (e.g. will claim that she understood the arrangement to be that she would acquire ownership rights in exchange for paying two thirds of the monthly mortgage repayment). Grant v Edwards [1986] Ch 638 - Defendant had property in the name of himself and his brother. Claimant paid nothing towards the purchase price or towards mortgage payments, but paid various outgoings and expenses. The court found a constructive trust in favor of the claimant, who received a 50% beneficial interest in the property. Abbot v Abbot [2007] UKPC 53, [2008] 1 FLR 1451 - Defendant's mother gifted land to a couple with the intention that it be used as a matrimonial home. However it was only put into the defendant's name. The mortgage was paid from a joint account. The claimant was awarded a 50% share. Thompson v Hurst [2012] EWCA Civ 1752, [2014] 1 FLR 238 - Defendant was a council tenant. Later, she formed a relationship with the claimant. They subsequently decided to buy the house from the council, but it was done in the defendant's name. The defendant had paid all the rent while a tenant, and all the mortgage payments while an owner, as well as all utility bills. The claimant sometimes contributed towards the council tax and varying amounts towards general household expenses (housekeeping, children, etc.). During some periods he paid nothing at all, and at other times he did work around the house. Claimant awarded 10% ownership. Aspden v Elvy [2012] EWHC 1387 (Ch), [2012] 2 FCR 435 - The defendant purchased a property in her sole name 10 years after the couple had separated. The claimant helped her convert the property into a house. He did much of the manual work himself, lent his machinery, and contributed financially to the costs. He was awarded a 25% share. Leeds Building Society v York [2015] EWCA Civ 72, [2015] HLR 26 (p 532) - Miss York and Mr York had a dysfunctional and abusive relationship and lived together from 1976 until his death in 2009. In 1983 Mr York bought a house with a mortgage. He paid the monthly mortgage repayments and other outgoings. At varous times Miss York contributed her earnings towards household expenses, but the judge held that this did \"\"not amount to much\"\" over the 33 year period, albeit it had helped Mr York being able to afford the purchase in the first place. She also cooked all the family meals and cared for the daughter. She was awarded a 25% share. Conclusion: Don't make assumptions, consider posting a question on https://law.stackexchange.com/ , consider legal advice, and consider having a formal contract in place which states the exact intentions of the parties. It is a general principle of these kinds of cases that the parties need to have intended for the person lacking legal title to acquire a beneficial interest, and proof to the contrary should make such a claim likely to fail.  Alternatively, decide that the risk is low and that it's not worth worrying about. But make a considered decision either way.\""}
{"_id": "270856", "title": "", "text": "I'm no financial advisor, but I do have student loans and I do choose to pay them off as slowly as I can. I will explain my reasoning for doing so. (FWIW, these are all things that pertain to government student loans in the US, not necessarily private student loans, and not necessarily student loans from other countries) So that's my reasoning. $55 per month for the rest of my life adds up to a large amount of money over the course of my life, but the impact month-to-month is essentially nonexistent. That combined with the low interest and the super-low-pressure-sales-tactics means I just literally don't have any incentive to ever pay it all off. Like I said before, I'm just a guy who has student loans, and not even one who is particularly good with money, but as someone who does choose not to pay off my student loans any faster than I have to, this is why."}
{"_id": "270866", "title": "", "text": "http://www.fdic.gov/deposit/deposits/index.html  FDIC currently insures up to $250,000.  (I would have put that as a comment to Jeffery but it says it was locked.) You don't want to put all your eggs in one basket.  If you shop around, and keep shopping all the time you can keep your accounts in a single place so long as that single place provides the best deal.  Don't have any loyalty to your banking institutions because they don't have any loyalty to you. Also, having lots of accounts means you are familiar with lots of institutions, so you are likely better at shopping around. Things I consider. For fewer institutions: For more institutions:"}
{"_id": "270868", "title": "", "text": "Looking at VAR for managing your risk is like looking at an abacus for your calculating needs - technically seems like its up for the job but totally useless in practice.    VAR is only useful in the context of allocating risk limits and MS is sending a message here that they're in the market for increasing their risk-taking."}
{"_id": "270873", "title": "", "text": "\"In all honesty, the path she described is just preference and relative to what \"\"get money\"\" means.  She made the comment she was a state school grad.  So lets look at her \"\"Fuck prestige, get money.\"\" mentality.  * The big money in asset management and research is at the top hedgefunds (Two Sigma, Medallion/Renny, Fortress, Blackrock, Paulson, Soros Quantum, etc).    * These firms hire will only hire from tier 1 school grads or from those grads who have networked and proven experience background from a major player.    * Working for an unknown (relative to firms on the street) asset management or mutual fund firm will go completely ignored when they take applicants into consideration.  They hire based on background experience that is in proximity to the street and market making.  Bottom line is that to make the big money (aka analyst/asset mgr/trader @ top hedge fund) for non-tier 1 grads... it requires putting in your time making less starting out to prove your performance at a household name on the street.\""}
{"_id": "270877", "title": "", "text": "First, don't borrow any more money.  You're probably bankrupt right now at that income level.  2k/month is poverty level income, especially in some of the higher cost of living areas of California.  At $2k per month of income, and $1300 of rent and utilities, you've only got 700 a month for food.  The student loans are probably in deferment while your husband is in school.  If so, keep them that way and deal with them when he lands a career track goal after grad school.   The car loan is more than you can afford.  Seriously consider selling the car to get rid of the note.  Then use the cash flow that was going to the car loan to pay off the 'other' debt.  A car is usually a luxury, but if it is necessary, be sure it is one that doesn't include a loan.   Budget all of your income (consider using YNAB or something like it).  Include a budget item to build an emergency fund.  Live within your means and look for ways to supplement your income.  With three of your own, you'd probably make an excellent baby sitter. As for the inheritance, find a low risk, liquid investment, such as 12 month CDs or savings bonds.  Something that you can liquidate without penalty if an emergency arises.  Save the money for if you get into a situation where there is no other way out.  Hopefully you can have your emergency fund built up so that you don't need to draw on the inheritance.   Set a date, grad school + landing + 90 days.  If you reach that date and haven't had to use the inheritance, and you have a good emergency fund, put the inheritance in a retirement fund and forget about it. Why retirement fund and not a college fund for the kids?  The best gift you can give them is to remain financially independent throughout your life.  If you get to the point where you are fully funding your tax advantaged retirement savings, and you are ready to start wealth-building, that is the time to take part of that cash flow and set it aside for college funds."}
{"_id": "270896", "title": "", "text": "&gt; That's just poor leadership. If I don't win, I'm just taking my ball home so no one can play.  What are you talking about? It's completely feasible that a business could be successful (or at least stable) under an *X*% tax rate, but would be unable to stay afloat with an *X*+5% tax rate. (Note: I'm not saying that the boss is accurate about his policy predictions, but if he is, there's nothing unreasonable about this.)"}
{"_id": "270926", "title": "", "text": "No. Share are equity in companies that usually have revenue streams and/or potential for creating them. That revenue can be used to pay out dividends to the shareholders or to grow the company and increase its value. Most companies get their revenue from their customers, and customers rarely give their money to a company without getting some good or service in exchange."}
{"_id": "270944", "title": "", "text": "diamonds are intrinsically worthless -- and therefore have quite little resale value It may be true that De Beers has a near monopoly on diamond supply, but they are still a scarce resource, so their supply is still very limited.  They do have resale value - that's one reason why diamond jewelry is stolen so often. There's just not a huge secondary market for diamonds that I know of (unlike cars, for example).  You can sell diamond jewelry at pawn shops or online brokers, but you probably only get a fraction of their retail value. They are not intrinsically worthless.  They do have value in the industrial sector as powerful cutters, although synthetic diamonds are much more prevalent in this market.  Their value in industry is much lower than their worth as jewelry. Think about gold - it does not have a monopolic supplier but it still has a relatively very high value."}
{"_id": "270947", "title": "", "text": "Wow, I don't believe it for a second, the admins are allergic to making money.  This is right up there with Instagram being a billion dollar company...some people are smoking some good shit.  These parts are relevant, the rest is wild speculation, Advance Publications might be trying to drum up some buyers for a sell. &gt; By FORBES\u2019 estimate Reddit is a paragon of thrift, spending just $7 million a year to support a 22-person payroll and 75 servers rented from Amazon\u2019s cloud.  &gt; Value Reddit strictly on the basis of its skimpy current revenue and its inability so far to turn a profit, and the site probably falls short of even $50 million. Digg ended up being sold in pieces for a reported total of $16 million.  Cost $7 mil a year to run, doesn't turn a profit, in an industry where new competition pops up daily...sounds like a winner to me."}
{"_id": "270949", "title": "", "text": "Why not take the boycott directly to the companies that host their sites through GoDaddy? I use a Murdoch blocker in my browser to block all sites owned by Rupert Murdoch. I imagine something like this could be put together to block sites hosted by GoDaddy. A sudden sharp drop in traffic might help some companies to see the light. I'd even paypal five bucks to anyone who made this happen."}
{"_id": "270952", "title": "", "text": "My grandmother passed away earlier this year. When I got my car 3 years ago, I did not have good enough credit to do it on my own or have her as a co-signer. We had arranged so that my grandmother was buying the car and I was co-signing.  A similar situation was happening and I went to my bank and took out a re-finance loan prior to her passing. I explained to them that my grandmother was sick and on her death bed. They never once requested a power of attorney or required her signature. I am now the sole owner of the vehicle."}
{"_id": "270956", "title": "", "text": "I don't think they have expressed their ideas [as clearly as I did](http://en.wikipedia.org/wiki/Reductio_ad_absurdum), no.  I managed, in a sentence, to make two points: 1) if people who make money in the stock market don't like when that gain is taxed, then logically someone who likes when that gain is taxed does not make money in the stock market, and 2) it is ridiculous for Bob to think he is entitled to 5 cows if John sells Jim ten thousand heads."}
{"_id": "270979", "title": "", "text": "The whole point of buying puts is cheaper cost and lower downside risk. If you short the box, you are assuming he already holds gold holdings to short against. It's not the same as short selling where you borrow shares.  Either way, you are far more vulnerable to downside risk if you are short the stock (whether you borrowed or shorted already owned shares). If Gold suddenly has a 20% pop over the next year, which could be possible given the volatility and uncertainty in the marketplace, you have big trouble. Whereas, if you buy puts, you only lose your costs for the contracts. The amount that you miss by in your bet isn't going to factor into anything."}
{"_id": "270983", "title": "", "text": "we're grateful that you took the time to read the newest post made by my friend matt perry nguyen in buildingbusinesscreditblog.com. we hope you can also post your comments and suggestions on this piece. in behalf of my friend and fellow poster a million thanks!"}
{"_id": "270984", "title": "", "text": "It's not that .01% who got their money through voluntary trade (ones we customers chose to give them) I'm worried about. [I'm worried about the .00017% of the population, the mostly lawyers who merely won popularity contests to control $Trillions of money they took from you and me without our explicit consent.](http://news.investors.com/ibd-editorials-perspective/122211-595681-occupy-congress.htm)"}
{"_id": "270992", "title": "", "text": "The main difference between an ETF and a Mutual Fund is Management. An ETF will track a specific index with NO manager input. A Mutual Fund has a manager that is trying to choose securities for its fund based on the mandate of the fund. Liquidity ETFs trade like a stock, so you can buy at 10am and sell at 11 if you wish. Mutual Funds (most) are valued at the end of each business day, so no intraday trading.  Also ETFs are similar to stocks in that you need a buyer/seller for the ETF that you want/have. Whereas a mutual fund's units are sold back to itself. I do not know of many if any liquity issues with an ETF, but you could be stuck holding it if you can not find a buyer (usually the market maker). Mutual Funds can be closed to trading, however it is rare. Tax treatment Both come down to the underlying holdings in the fund or ETF. However, more often in Mutual Funds you could be stuck paying someone else's taxes, not true with an ETF.  For example, you buy an Equity Mutual Fund 5 years ago, you sell the fund yourself today for little to no gain. I buy the fund a month ago and the fund manager sells a bunch of the stocks they bought for it 10 years ago for a hefty gain. I have a tax liability, you do not even though it is possible that neither of us have any gains in our pocket. It can even go one step further and 6 months from now I could be down money on paper and still have a tax liability. Expenses A Mutual Fund has an MER or Management Expense Ratio, you pay it no matter what. If the fund has a positive return of 12.5% in any given year and it has an MER of 2.5%, then you are up 10%. However if the fund loses 7.5% with the same MER, you are down 10%. An ETF has a much smaller management fee (typically 0.10-0.95%) but you will have trading costs associated with any trades. Risks involved in these as well as any investment are many and likely too long to go into here. However in general, if you have a Canadian Stock ETF it will have similar risks to a Canadian Equity Mutual Fund. I hope this helps."}
{"_id": "270994", "title": "", "text": "\"I'm surprised at the tone of the answers to this question! Trading with insider information is corruption and encourages fraud. As in many areas, there's an ethical line where behavior the gap between \"\"ok\"\" and \"\"illegal\"\" or unethical is thin. The classic local government insider information example is when the local councilman finds out that a highway exit is being constructed in an area that consists mostly of farmland. Knowing this, he buys out the farmers at what they think is a premium, and turns around for 10x profit a few months later. In that context, do you think that the councilman acting on that insider information is committing a crime or ethical lapse? Most people say yes.  Even in this case, the line is thin. If the same councilman has his finger on the pulse of growth patterns in the area, and realizes that the terrain makes a certain area a prime candiate for a highway and exit, buying up land would not be criminal -- but it would be risky as it creates a perception that he is abusing his position.\""}
{"_id": "271001", "title": "", "text": "Have you looked at what is in that book value? Are the assets easily liquidated to get that value or could there be trouble getting the fair market value as some assets may not be as easy to sell as you may think. The Motley Fool a few weeks ago noted a book value of $10 per share. I could wonder what is behind that which could be mispriced as some things may have fallen in value that aren't in updated financials yet. Another point from that link: After suffering through the last few months of constant cries from   naysayers about the company\u2019s impending bankruptcy, shareholders of   Penn West Petroleum Ltd. (TSX:PWT)(NYSE:PWE) can finally look toward   the future with a little optimism. Thus, I'd be inclined to double check what is on the company books."}
{"_id": "271003", "title": "", "text": "Perhaps Ashlir is viewing it from the 1% angle and feels more entitled to handouts for creating minimum wage jobs in a mine or charter school that can declare bankruptcy after a couple years without any debt."}
{"_id": "271005", "title": "", "text": "I have no desire to buy an truck or an suv. The American manufacturers seem to be leaning toward putting the emphasis on trucks and suv's. I may for the first time start looking at buying a car from a foreign manufacturer."}
{"_id": "271012", "title": "", "text": "&gt;&gt;Ballmer made the case that without Nokia, Microsoft's struggling Windows Phone operating system and ecosystem would never be able to compete with Apple's iPhone and Google's Android  So let Nokia keep making them. Why buy them out?"}
{"_id": "271015", "title": "", "text": "Trump wants a solar wall... I told my wife he should build a solar wall the second I heard he wanted a wall....  Yes solar and wind are efficient. check out the UK. Lego factory and other examples of solar/wind/hydro in action. Why even argue against it? Like why??????"}
{"_id": "271017", "title": "", "text": "If the scratches are a bit deeper in that case, you can bring 100-grit sandpaper into use for limestone floor scratch removal.This sanding should be followed by one more sanding done by 300-grit sandpaper and once done, you can apply some mineral oil or colour enhancing sealer to make sure that the scratches can\u2019t be seen at all."}
{"_id": "271023", "title": "", "text": "The rent will be determined by: the rent being charged on similar houses near you. Your mortgage and other costs (very unfortunately!) have no bearing, at all, on the price you will get."}
{"_id": "271026", "title": "", "text": "*It is true that people who are overweight, including myself, get that way because they eat too many calories relative to what their bodies need.*  This is highly controversial.  It is also possible that the Standard American Diet (SAD) is unsafe at any number of calories.  Quality may matter as much as quantity, and that is terrifying because we still don't have solid information about exactly what is best to eat, when, how, and why."}
{"_id": "271029", "title": "", "text": "None of the above. The fair value is a term used to describe an analytical result of projecting the company's future dividends and profits into a present value.  Such estimates are published by the likes of Morningstar, S&P and Value Line.  It is quite common for a stock to trade well above or below such estimated fair values."}
{"_id": "271040", "title": "", "text": "\"I think this stuff was more valid when grace periods were longer. For example, back in the 90's, I had an MBNA card with a 35 day grace period. Many business travellers used Diner's Club charge cards because they featured a 60 day grace period. There are valid uses for this: As JoeTaxpayer stated, if you are benefiting from \"\"tricks\"\" like this, you probably have other problems that you probably ought to deal with.\""}
{"_id": "271048", "title": "", "text": "\"There are two ways you can \"\"cash in.\"\" 1) Buy enough additional shares to bring your share total to 100, then exercise the put. 2) Sell the put in the open market for a profit.\""}
{"_id": "271071", "title": "", "text": "\"You are correct. There's no reason for it even though UAVs can do it. An auto pilot isn't going to land you in the East River with much success.  edit: You can kick the auto-pilot in at a pretty low altitude. Imagine accidentally activating the \"\"auto take off feature\"\"? Yeesh! Plus, (as a former private pilot myself) the pilot is generally scanning the engine instruments for green while the throttles are pushed up.\""}
{"_id": "271076", "title": "", "text": "Any way you look at it, this is a terrible idea. Cars lose value.  They are a disposable item that gets used up.  The more expensive the car, the more value they lose. If you spend $100,000 on a new car, in four years it will be worth less than $50,000.*  That is a lot of money to lose in four years. In addition to the loss of value, you will need to buy insurance, which, for a $100,000 car, is incredible. If your heart is set on this kind of car, you should definitely save up the cash and wait to buy the car.  Do not get a loan.  Here is why: Your plan has you saving $1,300 a month ($16,000 a year) for 6.5 years before you will be able to buy this car.  That is a lot of money for a long range goal.  If you faithfully save this money that long, and at the end of the 6.5 years you still want this car, it is your money to spend as you want.  You will have had a long time to reconsider your course of action, but you will have sacrificed for a long time, and you will have the money to lose.  However, you may find out a year into this process that you are spending too much money saving for this car, and reconsider. If, instead, you take out a loan for this car, then by the time you decide the car was too much of a stretch financially, it will be too late.  You will be upside down on the loan, and it will cost you thousands to sell the car. So go ahead and start saving.  If you haven't given up before you reach your goal, you may find that in 6.5 years when it is time to write that check, you will look back at the sacrifices you have made and decide that you don't want to simply blow that money on a car. Consider a different goal.  If you invest this $1300 a month and achieve 8% growth, you will be a millionaire in 23 years. * You don't need to take my word for it.  Look at the car you are interested in, go to kbb.com, select the 2012 version of the car, and look up the private sale value.  You'll most likely see a price that is about half of what a new one costs."}
{"_id": "271080", "title": "", "text": "Unless they're the actual employers, the I-9 is none of their business. Your employer must verify your eligibility for employment on the first day of your employment, i.e.: when you find a job you'll have to fill I-9 anyway. The only reason I can think for them to do it is to verify that you're eligible for employment before they waste any time on searching for a job for you. I'm not sure if they're legally allowed to ask for your status, so maybe that's their way of working around that. I don't think they can require you to fill I-9, and in fact I'm not sure if its even legal for them to obtain that information without actually being your employers. IMHO, that is, consult with an attorney if you want a proper legal advice."}
{"_id": "271102", "title": "", "text": "I have no idea about India, but in many countries there are companies that specialize in property management. This means they will take on the business of maintaining the properties, finding tenants, doing paperwork and background checks, collecting rents and evicting tenants if necessary. Obviously for this they require a fee, but essentially the owner gets to sit back and do nothing except collect a cheque every month. In my country some real estate agents are in this business as well, though for 20 apartments I would be looking for a specialized firm."}
{"_id": "271109", "title": "", "text": "The put vs call assignment risk, is actually the reverse: in-the-money calls are more likely to be exercised early than puts. Exercising a call locks in profit for the option holder because they can buy the shares at below market price, and immediately sell them at the higher market price. If there are dividends due, the risk is even higher. By contrast, exercising an in-the-money put locks in a loss for the holder, so it's less common."}
{"_id": "271110", "title": "", "text": "\"To add to what other have stated, I recently just decided to purchase a home over renting some more, and I'll throw in some of my thoughts about my decision to buy. I closed a couple of weeks ago. Note that I live in Texas, and that I'm not knowledgeable in real estate other than what I learned from my experiences in the area when I am located. It depends on the market and location. You have to compare what renting will get you for the money vs what buying will get you. For me, buying seemed like a better deal overall when just comparing monthly payments. This is including insurance and taxes. You will need to stay at a house that you buy for at least 5-7 years. You first couple years of payments will go almost entirely towards interest. It takes a while to build up equity. If you can pay more towards a mortgage, do it. You need to have money in the bank already to close. The minimum down payment (at least in my area) is 3.5% for an FHA loan. If you put 20% down, you don't need to pay mortgage insurance, which is essentially throwing money away. You will also have add in closing costs. I ended up purchasing a new construction. My monthly payment went up from $1200 to $1600 (after taxes, insurance, etc.), but the house is bigger, newer, more energy efficient, much closer to my work, in a more expensive area, and in a market that is expected to go up in value. I had all of my closing costs (except for the deposit) taken care of by the lender and builder, so all of my closing costs I paid out of pocket went to the deposit (equity, or the \"\"bank\"\"). If I decide to move and need to sell, then I will get a lot (losing some to selling costs and interest) of the money I have put in to the house back out of it when I do sell, and I have the option to put that money towards another house. To sum it all up, I'm not paying a difference in monthly costs because I bought a house. I had my closing costs taking care of and just had to pay the deposit, which goes to equity. I will have to do maintenance myself, but I don't mind fixing what I can fix, and I have a builder's warranties on most things in the house.  To really get a good idea of whether you should rent or buy, you need to talk to a Realtor and compare actual costs. It will be more expensive in the short term, but should save you money in the long term.\""}
{"_id": "271111", "title": "", "text": "&gt;[**\u0421ointower ! 10 % \u0432 \u0441\u0443\u0442\u043a\u0438 \u043e\u0442 \u0434\u0435\u043f\u043e\u0437\u0438\u0442\u0430! \u0412\u044b\u0441\u043e\u043a\u043e\u0434\u043e\u0445\u043e\u0434\u043d\u044b\u0439 \u0445\u0430\u0439\u043f \u043f\u0440\u043e\u0435\u043a\u0442! \u0411\u044b\u0441\u0442\u0440\u044b\u0439 \u0441\u043f\u043e\u0441\u043e\u0431 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u0434\u0435\u043d\u0435\u0433! [4:40]**](http://youtu.be/O_GiAxqwWJU)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0435:  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^1 ^views ^since ^Aug ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "271116", "title": "", "text": "Absolute scam.  Any time anyone asks you to open a bank account so they can send you money and then you have to send some portion of it back to them, it's a guarantee that it's a scam. What happens is that your dad will deposit the check and transfer it to this woman, then the check will bounce (or turn out to be fake altogether) and your dad will be on the hook for the money to the bank. These schemes are dependent on the fact that people want hope and believe in quick, easy money, and it works as long as the con artists are able to get the 'mark' (the person who deposits the check and sends them the money) to send the money before the check (always drawn on some obscure foreign bank) has a chance to clear. This is another variation of a long-running type of bank scam, and if you get involved, you'll regret it.  I hope you can keep your dad from getting involved, because it will create a financial mess and affect his credit as well. The basic premise of this scam is this:  In the interests of providing good customer service, most banks will make some or all of a deposit available right away, even though the check hasn't cleared.  The scammer has you withdraw the money (either a cashier's check, have you send a wire transfer, etc) immediately and send it to them. Eventually the check is returned because it is  The bank charges the check back against your account, often imposing pretty substantial penalties and fees, so you as the account holder are left without the money you sent the scammer and all of the fees. This is the easy version of events.  You could end up in legal trouble, depending on the nature of the scam and what they determine your involvement to be.  It will certainly badly affect your banking history (ChexSystems tracks how we all treat bank accounts, much like the credit agencies do with our credit), so you may have trouble opening bank accounts.  So there are many consequences to this to think about, and it's why you JUST SAY NO!! Don't walk away from this -- RUN!!!"}
{"_id": "271118", "title": "", "text": "\"Robert Lutz recently came and gave a great talk to the Rotary club I belong to.  His views aligned very closely with my own.  He likened cars today to the horse at the end of the 19th century.  It was unheard of that horses may be replaced by cars (the automated horse).  Today, horses are a niche business; you can buy/sell/breed horses but they come from specialized dealers and are used in private areas.  Commercial fleets will be the first to be fully automated.  We're already very close there, and I see real mass adoption of commercial fleet automation within 5 years.    Individual adoption will follow after, starting on public limited-access highways.  Once the critical mass of 25% automation is reached, the federal government will step in and say \"\"Look, 75% of you are causing 99.9% of all accidents out there.\"\"  They will set the timer on individually operated vehicles - probably something like a 10 year window.  All in all I'm with those who see complete automation within 20 years.\""}
{"_id": "271127", "title": "", "text": "Linear Title has pulled together a powerful executive team of real estate and financial services professionals who, working in conjunction, contribute to the vision and drive that has made Linear Title a leading company in the title and closing industry.Linear Title President and CEO Nick Liuzza attended LSU, where he studied business and marketing. Before joining Linear Title, he successfully led two companies, thus gaining the experience he would later bring to his position at Linear Title, where his passion,"}
{"_id": "271129", "title": "", "text": "In many places there are legal requirements to do so, essentially made to prevent brokers from selling high-risk products as if they were deposits with guaranteed safety of your funds. There also may be prohibitions on offering high-risk/high-return products to beginner customers, e.g. requiring accredited investor status claiming that yes, you really know how this works and are informed of the involved risks or you're not allowed to invest in that product.  Making untrue claims of being not a beginner may limit your options if your broker does cheat you in some manner, as it gives them a solid argument that you confirmed that you understand how their pump-and-dump scheme works and are yourself responsible for losing your money to them."}
{"_id": "271150", "title": "", "text": "Depends on how you supplement the major. I had people taking things like 'marketing' or 'business management' with their finance majors to get good marks, but they didn't get internships like I did because I was willing to take statistics, economics, risk management, accountancy etc... In general you want to have a strong math background, a good understanding of economics, and accountancy. Also if I could go back I would have done computer science at least at first year level to get a feel for coding and modeling.  Edit: I should clarify I don't have a permanent job, I'm just speaking from my experience of holiday internships with investment banks."}
{"_id": "271153", "title": "", "text": "Dividend Stocks like any stock carry risk and go both up and down.  It is important to choose a stock based on the company's potential and performance.  And, if they pay a dividend it does help. -RobF"}
{"_id": "271154", "title": "", "text": "I know everything I need to know about you.   You are in favor of a tax system that doesn't apply to you.  You don't think on a macro level of the inherent effects it would have on the market,  people's 401k's, investments,  and property values.    You think short term. No thought on the viability or future health of investments.   They don't apply to you,  so why would you care?  You care because you are a self serving narcissist that deems it acceptable to raid other people's prosperous endeavors.  You have selfish interests in the guise of altruism."}
{"_id": "271196", "title": "", "text": "The ones i've interacted with regard us as being better than normal people but not on par with Hasidic Jews. They do love getting us to pray and stuff though and are generally very welcoming when it comes to religious rituals."}
{"_id": "271216", "title": "", "text": "Yes, I am currently an undergrad student majoring in Finance. I have a strong interest in Accounting and Economics (Macro).  I have learned earlier today that due to the fact that people now live longer, our government spending increases (Medicare, Medicaid, Social Security, etc). But unfortunately, the funding that it draws from does not increase at a similar rate so the funding for other major aspects such as R&amp;D, Education, etc are being cut to offset the increase in government transfers.   Granted the Feds never spent much on education, why is it that the funding for R&amp;D in terms of percentage is so minuscule? Would it not be in each government's best interest to funnel money towards education, infrastructure, research &amp; development, etc? I'm sorry, when I learn one thing, about twenty billion other questions pop up (could be related or unrelated to what I had just learned)"}
{"_id": "271217", "title": "", "text": "Are you assuming that net metering will continue forever? Eventually that will have to stop and you'll only receive the market generation rate (the price before all the markups in the submission's graph) for power exported to the grid which is unlikely to net you much profit."}
{"_id": "271232", "title": "", "text": "\"While people will say, \"\"I'm going to sue you for all your worth!\"\", that's not how it really works. When someone brings a lawsuit, they are supposed to show how much harm you actually caused them. The court then awards them an amount equal to whatever the judge or jury are convinced was the actual harm. So in the case of a car accident, if someone can convince the court that you caused the accident and that he had $100,000 in medical bills, lost wages from work, and/or whatever other expenses, than the court will order you to pay $100,000. (A court can add on compensation for \"\"pain and suffering\"\", and it can add \"\"punitive damages\"\" if you were reckless and irresponsible, but that doesn't change the point here.) If you're a billionaire and this is less than you spend on lunch in a week, good for you, you pay it and you're done. If your only assets are the clothes you're wearing and your iPhone, and you don't have enough insurance to cover it, then you will be in debt for a long, long time. Saying, \"\"Sorry, I don't have that much money\"\" will not help. Your liability is not limited to what you can afford to pay. Many people say that in real life courts will order big companies that are responsible for an accident to pay more than it would order an ordinary person to pay because they figure that they can afford it. I don't know whether that's true. But even if the court goes easy on you because you're poor, you can still be ordered to pay a substantial amount of money. If the amount is totally beyond what you have -- if the court orders you to pay $1 million and you make $10,000 a year -- than the other person can't expect to ever get all their money. But you'll be paying for the rest of your life.\""}
{"_id": "271233", "title": "", "text": "Sure it is quite easy depending on income.  If one receives a bonus that is high in relationship to their income, it is very easy to max out a 401K prior to when one intended.  The later in the year such a bonus occurs the more likely that one will max out prematurely.   If one only has a single employer in the year, the custodial company will not accept amounts above the max, so one need not worry about that case.  If there is more than one employer, a refund is typically issued with the appropriate tax withheld.   Assume that a person makes about 60K per year.  They intend to put 12k into their 401K, thus have their contribution set to 20%.  By the beginning of September, they have 8K into their retirement, but they also receive a bonus of 50K.  Their 401K contribution for that bonus will be 10K, and thus they have maxed out their individual contribution for the year. So they will not be able to contribute for the rest of the year, including the first paycheck in September.  They will miss out on any match that the company may supply.  While that sucks, it should be relieved by the bless of receiving such a large bonus."}
{"_id": "271237", "title": "", "text": "Yes, it is possible. Several things to remember: Essentially, you're planning to shoot yourself in the foot, and while it is possible - it is not advised."}
{"_id": "271243", "title": "", "text": "\"Have the stock certificate in with a letter from the previous owner of the company from what I can tell in the letter these stocks were distributed from the owner himself stating \"\"after evaluation we have determined that your investment in this company is worth 10,000 shares at $1.00 a piece\"\" as well as I believe these shares were also acquired when the company was going through name changes or their company was bought\""}
{"_id": "271266", "title": "", "text": "\"If you're single, the only solution I'm aware of, assuming you are truly getting a 1099-misc and not a W-2 (and don't have a W-2 option available, like TAing), is to save in a nondeductible account for now. Then, when you later do have a job, use that nondeductible account (in part) to fund your retirement accounts.  Particularly the first few years (if you're a \"\"young\"\" grad student in particular), you'll probably be low enough on the income side that you can fit this in - in particular if you've got a 401k or 403b plan at work; make your from-salary contributions there, and make deductible IRA or Roth IRA contributions from your in-school savings. If you're not single, or even if you are single but have a child, you have a few other options. Spouses who don't have earned income, but have a spouse who does, can set up a Spousal IRA.  You can then, combined, save up to your spouse's total earned income (or the usual per-person maximums).  So if you are married and your wife/husband works, you can essentially count his/her earned income towards your earned income. Second, if you have a child, consider setting up a 529 plan for them.  You're probably going to want to do this anyway, right?  You can even do this for a niece or nephew, if you're feeling generous.\""}
{"_id": "271284", "title": "", "text": "If you know exactly what you want to do it's easier to avoid that kind of drudgery. Analysis, underwriting, private capital placement, even sales if you choose to focus on the wholesale side can all be lucrative and less mind numbing."}
{"_id": "271324", "title": "", "text": "\"Bring resume copies, a pen, and a leather case (if possible).     Hold it in your left hand, you'll be shaking hands with your right.   Keep a tissue in your right pocket to keep your hand dry.   Don't take off your suit jacket, even if asked. You will be sweaty.   Ask for water from the secretary or admin at the front desk. Keep this water with you in the interview. If you need time to think, nervous, or just don't know what to do with your hands, hold the cup or sip. (I love this advice I was given. It's weird how it changes you to have something to hold.)  Stand when people enter the room to shake your hand.   Ask questions!  Ask \"\"what does day 30 and day 90 look like?\"\".  I'm not sure the internship works, but I'm sure you want to know where you are in a month, and a quarter or so later.   Know your hometown or college's trivia. What it is known for. It's like clockwork that I've had the person come into the interview and say to me \"\"so you're from _____,  those ______'s are looking good this year\"\".   Just be prepared to say \"\"yup, I love going to the games , but don't follow as closely now\"\".  Or anything. That statement will happen.   Are you clean cut, able to hold a conversation, and inquisitive?  That's all they want to know. At this level, they just want to make sure you don't embarrass the person hiring you.    Good luck!\""}
{"_id": "271333", "title": "", "text": "Yes NRIs are allowed to open a DEMAT account in India from abroad.  Investments can be made under the Portfolio Investment NRI Scheme (PINS) either on repatriation or non-repatriation basis.  As per,the guidelines of the Reserve Bank of India it is  mandatory for NRIs to open a trading account with a designated institution authorized by the RBI.  They must avail either a Non-Resident Ordinary (NRO) or Non-Resident External (NRE) account to route the various investments."}
{"_id": "271336", "title": "", "text": "Studying times will vary greatly, but personally I believe 200+ would be a safer bet, if you are going to invest the time you would hate to fall just short. A great resource for anything CFA related is   www.analystforum.com   Plenty of threads/stories on study techniques and hours studied etc."}
{"_id": "271395", "title": "", "text": "You are both right and wrong.   A few key things   - I'm not charging the government body I work for, it's a free implementation  - I ensured I do all the work on my own time, not company time. I live somewhere where most government employees work multiple jobs, so this isn't uncommon. In fact, my government body actually does often hire contractors who are also employed.   - I don't live in the US, things are somewhat less different where I am.  - It is certainly not illegal, and I would even argue that it is even somewhat ethical. My work saved my employer (the tax payer) a significant amount of money, which is a net positive. The service is of high quality, and I did not break any employment agreements or laws in the process.   - I hired a lawyer to double check everything."}
{"_id": "271415", "title": "", "text": "As an NRI, you can't hold a regular savings account. It should have been converted to NRO. Option 1: Open NRE account : Since I am relocating permanently this might not be good option for me as converting  This is the best Option as funds into NRE are not taxable in India. The provides a clean paper trail so that if there are any tax queries, you can answer them easily. You can open a Rupee NRE account, move the funds. On return move the funds into Normal Savings account and close the NRE account. This is not much of hassle. Option 2: Create NRO account: There would be taxes on the interest earned of the funds. But I am not sure of this, since I will have been moved to India permanently would I need to still pay taxes on the interest earned while I am in India? Any interest in NRO or normal savings account is taxable in India. There is no exemption.  Option 3: I can transfer my funds directly to my account in India but I believe I would have to pay tax on the the funds that I transfer and that would be double taxation. Which I think would be the worst option for me. Please correct me if I am wrong. This is incorrect. Any earnings outside of India when your status is NRI, is not taxable in India. Opening an NRE account provides proper paper trail of funds. As an NRI one cannot hold normal savings account. This should have been converted into an NRO account. Although there is no penalty prescribed, its violation of FEMA regulation. I also hope you were declaring any income in India, i.e. interest etc on savings and filing returns accordingly. Option 4: I can transfer the funds to my direct relatives account. I still believe there would be tax to be paid on the interest earned of the amount. You can transfer it to your parents / siblings / etc. This would come under gift tax purview and would not be taxable. They can then gift this back to you. However such transactions would appear to be evading regulations and may come under scrutiny. Interest on Savings account is taxable. So best is go with Option 1. No hassle. Else go with Option 3, but ensure that you have all the paperwork kept handy for next 7 years."}
{"_id": "271428", "title": "", "text": "I work at an advisory firm. We just hired a new advisor that has a sleeve. It's not a problem because of dress shirts but our firms leadership did tell him to take down all of his tattoo pictures off Facebook."}
{"_id": "271430", "title": "", "text": "Thought experiment. If in 20/40/60 years time machines (owned by companies) can generate nearly everything we need to feed, shelter &amp; transport us what should people do?  Is that the beginning of nirvana for humans (where time is spent on doing things that have meaning for you) or a nightmare in which the value of the minority of people\u2019s lives is super low given that they aren\u2019t needed by company\u2019s business cases?  How should our tax system &amp; social security system then work?"}
{"_id": "271436", "title": "", "text": "Pub 527 my friend.  It gets depreciated. Table 1-1 on page 5."}
{"_id": "271450", "title": "", "text": "First off, that isn't today's version of socialism or anything like it. Today's version of socialism is democratic socialism as seen in Scandinavia to great affect.   Secondly, you may not read 4chan or fox but that phrase is being repeated ad nauseam on both sites as a way to push the narrative away from the racist hate that happened. Which means you're doing exactly what they want and becoming their parrot.   Thirdly you're right. I shouldn't have downvoted you. You can have those back.  I'm pretty tired too."}
{"_id": "271459", "title": "", "text": "\"Why isn't the above the business model of a loan? It is the model of some types of loans. It's called a \"\"Line of credit\"\" (LOC). I have two them, one for my business, and one for me personally. (Why does this question exist:) Is it an 30-year loan or a 10-year loan? As you mentioned, the concept of term doesn't exist for these types of loans. As long as I pay the interest and don't go over the max of my credit limit, I could keep the money indefinitely. Due to this, lines of credit almost always have a variable interest rate. (In the US they are tied to the Prime rate.) (Why does this question exist:) If you pay extra, do you want the extra to go toward the interest or toward the principal? Again, this concept also doesn't exist with a LOC. There is a minimum payment that you must make each month, but there is nothing that prevents you from making the minimum payment and then immediately taking the exact payment you made back out again. Of course this increases the total you owe, and eventually you would hit your maximum credit limit and would no longer be able to take the full payment back out. Years ago I maxed out my business line and didn't have enough money to make the payment so my bank was nice enough to raise my limit for me (so I could take enough out to make the payment), but if I did that multiple times I'm sure they would have eventually said no. Fortunately my clients finally paid me and I paid off the line, but I still keep the LOC today even though I rarely use it. By the way, beyond traditional LOCs, they also exist in other forms, both secured and unsecured. A common secured product in the US is a 2nd lien holder to a home (the first being the mortgage), called a HELOC (Home Equity Line Of Credit). Many banks also offer unsecured LOCs on a checking account which they sometimes call \"\"overdraft protection\"\". Update: based on a comment to this answer, I now realize that the full question now becomes something similar to: Given that the Line of Credit loan model exists, why aren't all loans like this? or, refining it further: What advantages do other loan types have over the Line of Credit model, specifically finite term loans? A main advantage of a term loan over a line of credit is that the bank knows when they will get the money back. If every loan a bank made was a LOC product, and no one ever paid it back, then they'd eventually run out of money. That's obviously an oversimplification but the principle (pun intended) holds. To prevent this the bank would have to call due the loan, and doing this usually leaves customers angry. Years ago I had a business LOC with a bank that discontinued their business LOC product, and called every customer's loan due. I had a balance and they offered to convert it to a 5 year term loan, which I did, but I was so mad at them that I switched banks and paid off the term loan shortly after. Another advantage of a term loan is it forces the customer to be a little more responsible. Lines of credit can be dangerous for those that misuse it because if the amount owed is driven up due to bad behavior, there is nothing to force the bad behavior to stop. A perfect example of this can be found with governments. Some governments borrow money until their line of credit is used up, and then they just keep increasing their credit limit. There is no incentive for the officials in charge of the government to stop doing this because it isn't even their money. If those lines of credits were converted to term loans, the government would be forced to increase revenue and/or decrease expenses, which is the only way to get out of debt. Some other advantages of term loans over a LOC:\""}
{"_id": "271472", "title": "", "text": "\"I have some experience with this.  I have had fraudulent charges appear on my credit card statement and had to change my card number several times, despite (I believe) no carelessness on my part.  Every time that this has happened, I have never lost a penny due to fraud on my credit card.  The bank has ultimately removed the fraudulent charges in every instance. Given this, you'd think the consumer doesn't need to worry about this at all.  But it seems like credit card companies beg to differ. Yes, because although I have never lost a penny to fraud, the bank (or the merchant) loses money every time it happens.  The $0 liability protects you; the card security measures protect the bank. But... why should a consumer ever bother worrying about these in the first place, when he knows he legally can't be held responsible for fraudulent charges? What exactly is this new \"\"peace of mind\"\" that he supposedly gets by (say) using features like virtual account numbers that he doesn't already have? Although you shouldn't end up out any money when this happens, it is an inconvenience.  The bank will cancel your card and issue you a new number.  It may take a few days for you to receive your new card.  If you have another card to use, this isn't a big deal.  If you are out of state the day before you need to check out of a hotel and return a rental car with no backup credit card (as I have been), it is a big deal.  (In my case, I had to have the credit card company talk to the hotel to give them the new card number, and they were able to overnight me a new credit card so I could get home.  I now make sure I carry a backup credit card.) Should a consumer put any effort into worrying about this at all? (Why?) In my opinion, it makes sense to be careful what you do with your credit card number, if only to avoid the inconvenience.  Don't type your credit card number into an e-mail message, for example, and only use it on websites that you trust.  That having been said, it is not worth it to be paranoid about it, either.  No matter how careful you are, eventually you will probably use it at a store that gets hacked, or your card will get skimmed somewhere, and you'll need to get a new credit card number. The best way to protect yourself is to make sure that you go over your credit card statement each month and look for any fraudulent charges that the bank didn't catch.\""}
{"_id": "271504", "title": "", "text": "In your entire question, the only time you mention that this is an investment inside an IRA is when you say Every quarter, six months, whatever Id have to rebalance my IRA while Vanguard would do this for the fund of funds without me needing to. Within an IRA, there are no tax implications to the rebalancing. But if this investment were not inside an IRA, then the rebalancing done by you will have tax implications. In particular, any gains realized when you sell shares in one fund and buy shares in another fund during the rebalancing process are subject to income tax. Similarly, losses also might be realized (and will affect your taxes). However, if you are invested in a fund of funds, there are no capital gains (or capital losses) when re-balancing is done; you have gains or losses only when you sell shares of the fund of funds for a price different than the price you paid for them."}
{"_id": "271507", "title": "", "text": "The US (in fact the global) banking industry is subject to Anti-Money Laundering & Counter-Terrorism funding laws, slowing down funds transfer eliminates a great deal of fraud."}
{"_id": "271514", "title": "", "text": "\"It'll all about the marketing. If you don't get a \"\"real\"\" greeting card for that important birthday or anniversary or whatever, the recipient may thing you're being cheap for using a card you printed out yourself. So you pay $6 for a card because you feel like you have to. Hallmark advertises with those sappy TV commercials for a very good reason. The margins on the product are sky-high, and they spend a good chunk of that money on marketing the product. Perfume is the same way: super cheap to make, low barrier to entry, and the popular ones command a high price.\""}
{"_id": "271516", "title": "", "text": "I think I get your question, but your wording is throwing a lot of us off. If what you want is a clean, effective and efficient interface over port 80, then USAA.com has done some great usability work. Additionally, they have really done some pioneering work with web services and mobile applications. On top of that, they have excellent document archiving. I can navigate their site more quickly than any of the other I've used."}
{"_id": "271525", "title": "", "text": "\"First, pay off the highest interest first.  If you have 80%, pay it first.   Paying off a card/loan with a lower rate, but a lower payment or a lower balance can help your mental capacity by having fewer things to pay.  But, this should be a decision where things are similar, such as 20-25%, not 20-80%.   What about any actual loans?  Any loans with a fixed payment and a fixed amount?   If you must continue to use CC while paying them off, use the one with the lowest interest rate.   Call all of your debtors and ask for reduction in interest rate.   This is not the option to take first...  This is a strategic possibility and will cause credit score issues... If you are considering bankruptcy or not paying back some, then you have even more negotiation power.  Consider calling them all and telling them that you only have a little bit of money and would like to negotiate a settlement with them.  \"\"I have only a limited amount of money, and lots of debt.  I will pay back whomever gives me the best deal.\"\"  See what they say.  They may not negotiate until you stop paying them for a few months...  It is not uncommon to get them to reduce interest (even to 0%) and/or take a reduction in the amount due - up to 25 cents on the dollar.  To do this, you might need to pay the amount all at once, so look into loans from sources like retirement, home equity, life insurance, family...   Also, cut out all expenses.  Cut them hard; cut until it hurts.  Cut out the cell phone (get a pre-paid plan and/or budget $10-20/month), cut out all things like alcohol, tobacco, firearms, lottery, tattoos, cable tv, steak, eating out. Some people would suggest that you consider pets and finding them a new home.  No games, no trips, no movies, no new clothes...  Cut out soft drinks, candy, and junk food.   Take precautions to stay healthy - don't wear shoes in the house, brush your teeth, take a multi vitamin, get exercise, eat healthy (this is not expensive, organic stuff, just regular groceries).   Consider other ways to save, like moving in with family or friends.  Having family or friends live with you and pay rent.  Analyze costs like daycare vs. job income.  Apply for assistance - there are lots of levels, and some don't rely on others, such as daycare.   Consider making more money - new job, 2nd job, overtime, new career.   Consider commute - walk, bike, take the bus.  Work 4/10's.  Telework.   Make a list of every expense and prioritize them.  Only keep things which are really necessary.   Good Luck.\""}
{"_id": "271546", "title": "", "text": "\"The economy refers to the macro view of economics and associated policy. Macro economic policy's target objective should be full employment.  With regard to wages, full employment leads to an increase in the \"\"frictional\"\" subset of unemployment. This type of unemployment is essentially unemployment by choice because of the confidence that jobs are available. When employees become scarce, wages rise.  Arbitrarily raising the minimum wage does nothing but increase inflation.\""}
{"_id": "271551", "title": "", "text": "Agreed. It's the perfect intersection of criminal bankers who like bail out money, liberals who like to print money to even out income inequalities and phony conservatives who believe in crony capitalism. The triumvirate that brought you Detroit soon to come to a town near you."}
{"_id": "271568", "title": "", "text": "\"From your explanation the Sole Trader option is more appropriate and certainly easier to manage.  There are many differences but the pertinent and most important ones are as follows. The main difference in your case would be tax and administration.  As a sole trader you would need to do a tax return once a year and if you earned less than \u00a311.5k you wouldn't have to pay any UK tax, assuming you have no other income and are a \"\"standard\"\" tax payer.  The current tax allowance is \u00a311.5k although this can change. Submitting your own tax return is relatively straighforward although you may want to consult an accountant.  It is generally easier to run as sole trader versus a Limited Company, ie less paperwork and beaureaucracy. If you go down the Limited Company route, the company would be liable to pay Corporation Tax on any profits and this process is more complicated and you would probably need an accountant to do that for you, which is likely to cost a few hundred pounds every year.  You can do it yourself but the process is not as simple as doing your own income tax return. Also as a sole trader you can do what you like with any income, you can spend it and treat it as your own wages.  You can't do that if you set up a Limited Company as the income is \"\"owned\"\" by the company and so you would need to in effect pay yourself a wage from the company.  In other words it's more complex than if you are a sole trader. The main advantage to a Limited Company is that it is easier to sell the business if you want to at a later date.  There is nothing stopping you setting up a Limited Company later on, after beign a sole trader if you want to.  They can also be more tax-efficient but this would not be relevant to your case if you are earning relatively small sums, if your income increases then you may want to reconsider. You can see more information here:  https://www.duport.co.uk/company-formation/sole-trader-vs-limited-company.php (I have been both a sole trader and also set up my own Limited Company)\""}
{"_id": "271587", "title": "", "text": "&gt; I dont get it. The steele dossier, the countless accusations by members of congress that their own colleagues are on the take, the grand jury. There are many clues...Why does this make moderates so angry?  Because gossip is not proof."}
{"_id": "271589", "title": "", "text": "\"What would you suggest if I already told them that I would start Monday? (Yeah my fuck up).  Im thinking: \"\"hey boss, im having a really hard time finding a safe place to live with my current salary. I'd really feel more comfortable with [x] amount.\"\"  I just really wish I thought this through before telling them that.\""}
{"_id": "271591", "title": "", "text": "When I purchased my house I struggled with this same idea.  I felt sick to my stomach signing a contract stating how much money I now owe a bank.  However, the lawyer I was using put it in terms that eased the nausea a little (I still hate owing that much money - but it's a little more palatable).   His words, paraphrased: At the end of the day, you have to have a place to stay.  Your mortgage payment is replacing your rent except in this case, you're paying yourself instead of someone else.  You lose a little flexibility in being able to up and move with relative ease.  However, you've lived in apartments, you know that rent almost only goes up.  Your mortgage will not.   He wrote out some numbers and basically showed that everything evened out except mortgage payments will give you property as opposed to paying for someone else's property. To answer your question though - others have already stated - you'll get a better return in the stock market (usually).  But unless you're really really bad at real estate evaluation - you should make some money off your house when you decide to sell."}
{"_id": "271594", "title": "", "text": "Basically the banks (Countrywide was the worst about this) failed to uphold lending standards when they were giving out mortgages because it wasn't in their self-interest-- after the banks would give someone a mortgage the banks would make their fees off the mortgage and then bundle these mortgages into securities. The banks then had these sub-prime mortgages that are now bundled together as securities, then Moody's/S&amp;P and other ratings agencies gave them AAA ratings despite nearly everyone in the industry knowing they were time-bombs waiting to go off. Goldman Sachs and everyone else knew what was going on, but they didn't want to get stuck holding the bag, per se, so they committed fraud by knowingly misleading their clients to buy these securities.  The problem isn't that we need more regulations-- it's that the regulations we have aren't even being enforced. Obama has prosecuted 1/3 as many financial crimes at Bush/Clinton/Reagan."}
{"_id": "271596", "title": "", "text": "The SWIFT format has multiple place holders. The Beneficiary Bank and Account can be specified using Local Sort Codes [ABA number in this example]. However you would still need to specify the Correspondent Bank and its BIC."}
{"_id": "271609", "title": "", "text": "I don't think there is a definite single answer for this. I think it largely depends on where you are on your financial journey. In the ideal world you'd have everything in bucket 2 built into your budget and be putting a little bit aside every paycheck to cover each of those things when they do come up but that takes a fair bit of discipline to do and experience (and data) to estimate reasonably. When you are just starting out in actually setting and keeping a budget or digging yourself out of CC debt/living paycheck to paycheck the odds are you aren't going to have the experience or disciple necessary to actually budget for those things in bucket 2 and even if you did the better option might well be to pay off that high interest debt you already have rather than saving up for an eventual expense. How ever as you start to improve your situation and pay off that debt, develop the disciple to set and follow a budget that is when you should start adding more of those things into your budget. How you track them doesn't really matter. A separate account at your bank. A total for a category in your budgeting software. An XLS file or even paper (ick). Ultimately it isn't about how you plan for and track things but more about actually doing that. So my question to the OP is where are you? If you already have a budget and do a good job of following it but don't have those items in it then consider that the next step in your financial journey."}
{"_id": "271612", "title": "", "text": "What do I get for a point? Deutsche Bahn has a similar system, albeit with somewhat smaller numbers. It boils down to a 1% discount, and after checking the numbers I stopped caring.  Germans are all over these points though. Living the stereotype I guess."}
{"_id": "271633", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://en.econreporter.com/en/2017/06/effects-unconventional-exchange-rate-monetary-policy-explained-joseph-gagnon/) reduced by 97%. (I'm a bot) ***** &gt; In this interview, we discussed one of his latest research paper &amp;quot;Unconventional Monetary and Exchange Rate Policies&amp;quot; and the new book he coauthored with C. Fred Bergsten, &amp;quot;Currency Conflict and Trade Policy: A New Strategy for the United States&amp;quot;.  &gt; The latest paper that you are talking about &amp;quot;Direct and Spillover Effects of Unconventional Monetary and Exchange Rate Policies&amp;quot; which is in the Open Economy Review, and also a working paper in the IMF and Federal Reserve.  &gt; Some countries let the central bank take the lead. Other countries let the finance ministry takes the lead. In exchange rate policies, you see quite a lot of differences also.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6f2f1w/the_effects_of_unconventional_exchange_rate_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135699 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Policy**^#1 **country**^#2 **think**^#3 **Currency**^#4 **Exchange**^#5\""}
{"_id": "271637", "title": "", "text": "\"The debt ceiling doesn't give the president permission to spend more money.  The debt ceiling gives the treasury permission to pay our bills.  Also, they shut down the government once, and tried to shut it down 2-3 times over the course of Obama's presidency.  So to say that everything was \"\"smooth\"\" is either forgetting what happened or choosing to ignore it.\""}
{"_id": "271640", "title": "", "text": "\"I would not classify utilities (including electric) as additional fees.  In many cases you interact directly with the utility (not the landlord) and pay for what you use.  There are exceptions like when renting a room. The renter's insurance also is not part of the landlord's profit, it is simply there to protect you.  In the case of loss, the landlord cannot insure your property. You have to provide your own insurance.  Its pretty low costs, typically less than 20 per month. The application fee is typical.   The move in fee is something that could be negotiated away and sounds pretty sketchy.   You can always \"\"let your fingers do the walking\"\" and find out the fees before you look at the place.\""}
{"_id": "271643", "title": "", "text": "\"Hi, accounting major here!  A lot of people mentioned both tax advantages and \"\"cheap\"\" money (money you can borrow at a low interest rate).  Another reason businesses do this is to reward investors. Generally people with stock in a company want to see some of its operations financed with debt, instead of all of it financed from investors' money or profit. This way the company can grow more and still pay better dividends to its investors. However, you don't want too much debt either. It's a balance, and a way to see how much debt vs equity a company has is called a leverage ratio (leverage=debt). Hope this helps!\""}
{"_id": "271646", "title": "", "text": "You have to be kidding.  The derivatives market alone is in the hundreds of trillions and that's just a low ball guess.  The Zero Interest Money Machine has been running full throttle for 8 years now.  You know it's bad when they list the Billionaires and there are all these guys from South America who haven't figured out how to hide their money or care more about the status while all the North American and European Billionaires are disappearing or appear to be losing money (they just figured out how to hide more of it)."}
{"_id": "271658", "title": "", "text": "They'll refund your money (though maybe with a small service charge).  I'm sure they regularly deal with new car sales gone wrong."}
{"_id": "271661", "title": "", "text": "\"All the other answers here are correct, but I'll add one more perspective. I am a business architect at one of the world's largest retail banks. Every day I experience the frustration of trying to get large-scale corporate IT to do anything, so I feel that your question is just one facet of the wider question: \"\"why are banks so old and busted?\"\" While it's true that the cost of online, redundant, performant, secure data storage is significantly higher than you anticipate in the question, it should still be well within the capacity of a large enterprise. The true cost is the cost of change. Nothing at a bank is a green field development. Everything is a bolt-on to existing systems. Any change brings the risk that existing functionality will be affected, therefore vast schemes of regression testing (largely manually executed) spring up around even the most trivial developments. Costs scale exponentially with the number of platforms affected (often utterly distinct, decades-old, incompatible platforms that have arisen out of historical mergers and acquisitions). Only statutory, revenue-generating and critical maintenance change is approved. Any form of cost-cutting that increases risk is quickly extinguished. This is because when things go wrong, IT get blamed by their business colleagues. This is because the business colleagues in turn get blamed by the regulators, the media, the customers, and the public at large. Who doesn't cuss their bank when the ATM is unavailable? The bank's IT organization develops a kind of management sclerosis, risk averse in the extreme. Banks can't ship a beta version and patch it later. This ultra-low-innovation approach is a direct result of market and regulatory forces. If you were happy with a bank account that played fast and loose with your money the way Facebook plays with your data, then banking would be much cheaper, much more innovative, and much riskier. To get back to your specific question, some banks actually do offer a much longer back catalog of transactions for download (usually only a few key fields of each transaction though), and the ones that don't most likely don't see it as a revenue generating selling point, and it therefore falls above their innovation appetite.\""}
{"_id": "271691", "title": "", "text": "\"That characterisation of arbitrage-free pricing sounds a bit like the \"\"relative vs. fundamental\"\" approaches to asset pricing that Cochrane outlines (in his text, *Asset Pricing*). Rebonato also makes this distinction with regard to term structure models in *Volatility and Correlation*.   On one extreme you have CAPM-style models in which asset prices are completely determined by investors' risk preferences; on the other extreme, you would have something like a SABR-Libor Market Model where you take everything up to and including the volatility surface as given.   What's interesting to me is the way in which these different classes of models get used in various parts of the financial industry. So, buy side firms tend to rely a lot more on equilibrium-style models, since they ultimately care about things like how the equity risk premium or the bond risk premium affect asset prices. In contrast, derivatives quants working at a big sell-side bank who are pricing exotics don't care about what the \"\"fundamental\"\" value of their underlying assets is; they just take that as given and price the exotic accordingly.\""}
{"_id": "271739", "title": "", "text": "To be fair, JPM was forced to take government money during there bailout even though they didn't need or want it. It was forced to take the money in order to hide which banks were really under water. I believe JPM was also one of the first banks to repay the bailout loan because they genuinely didn't want it"}
{"_id": "271741", "title": "", "text": "\"Yes this is possible in the most liquid securities, but currently it would take several days to get filled in one contract at that amount There are also position size limits (set by the OCC and other Self Regulatory Organizations) that attempt to prevent people from cornering a market through the options market. (getting loads of contacts without effecting the price of the underlying asset, exercising those contracts and suddenly owning a huge stake of the asset and nobody saw it coming - although this is still VERY VERY possible) So for your example of an option of $1.00 per contract, then the position size limits would have prevented 100 million of those being opened (by one person/account that is). Realistically, you would spread out your orders amongst several options strike prices and expiration dates. Stock Indexes are some very liquid examples, so for the Standard & Poors you can open options contracts on the SPY ETF, as well as the S&P 500 futures, as well as many other S&P 500 products that only trade options and do not have the ability to be traded as the underlying shares. And there is also the saying \"\"liquidity begets liquidity\"\", meaning that because you are making the market more liquid, other large market participants will also see the liquidity and want to participate, where they previously thought it was too illiquid and impossible to close a large position quickly\""}
{"_id": "271754", "title": "", "text": "While I respect your opinion, I'm not so sure myself. There needs to be a concrete reason for these people to stop handling our personal security so flippantly. Putting the company out of business for complete negligence on their part sends a signal out.  This incident, combined with increasing incidents of companies pressing criminal charges against white hat hackers, just tells me that this is willful negligence, and we should not allow it. Were it simply a mistake, sure, maybe we let them continue operating, but they knowingly put our security at risk.   Fuck these guys. Someone else will step up, and fill the void they leave, hopefully with a bit more integrity. You know, the way the American system is meant to work."}
{"_id": "271766", "title": "", "text": "I found the following on a stock to mutual conversion for insurance firms for Ohio. Pulling from that link,  Any domestic stock life insurance corporation, incorporated under a general law, may become a mutual life insurance corporation, and to that end may carry out a plan for the acquisition of shares of its capital stock, provided such plan: (A) Has been adopted by a vote of a majority of the directors of such corporation; (B) Has been approved by a vote of stockholders representing a majority of the capital stock then outstanding at a meeting of stockholders called for the purpose; (C) Has been approved by a majority of the policyholders voting at a meeting of policyholders called for the purpose, each of whom is insured in a sum of at least one thousand dollars and whose insurance shall then be in force and shall have been in force for at least one year prior to such meeting.  and Any stockholder who has assented to the plan or who has been concluded by the vote of the assenting stockholders, and any stockholder who has objected and made demand in writing for the fair cash value of his shares subsequent to which an agreement has been reached fixing such fair cash value, but who fails to surrender his certificates for cancellation upon payment of the amount to which he is entitled, may be ordered to do so by a decree of the court of common pleas for the county in which the principal office of such corporation is located after notice and hearing in an action instituted by the corporation for that purpose, and such decree may provide that, upon the failure of the stockholder to surrender such certificates for cancellation, the decree shall stand in lieu of such surrender and cancellation.  Since they successfully became a mutual insurance company, I would guess that those stocks were acquired back by the company, and are leftover from the conversion. They would not represent an ownership in the company, but might have value to a collector."}
{"_id": "271769", "title": "", "text": "Thanks for including a summary for lurkers in your comment. I didn't realize how quickly I was responding, and I did not know you edited. I appreciate you not letting me look ridiculous to browsers.  To change course a little bit, I'd like to talk to the idea that if successful people deserve success, unsuccessful people must deserve their lot also.  Outside of money, the biggest thing I think we will leave to our kids is what we have learned about money, nutrition, health, and social interaction. Nothing we know is secret knowledge, but at the same time these are fields that are not taught to competence in school, and plenty of hucksters advertise nonsense that make it difficult to quickly learn what makes sense.   If you're a 25 year old guy making 35-40k, and you eat at subway because it is endorsed by the American heart association and you assume it's healthy, and you spend 30% of your pre tax income on a house because your mortgage broker said that's normal and your financial advisor said houses are assets, and you buy what you like on credit cards and pay monthly minimums, and you take out an auto lease or a 6 year loan on a purchase to keep payments low, and you diversify what little you have left into mutual funds and bonds, you are doing two things - you are acting like a totally responsible young adult according to societal norms and people who are supposed to give you advice, and you are totally fucking yourself. You are burdening yourself with debt, you aren't investing in yourself, you're neutering your money's ability to help you live a life you actually want to live, and you are shackling yourself to monthly payments that limit your ability to make choices about what you want and how you want to live.   Is that your fault? You followed common wisdom and your trusted advisors. Unless you happen to see a different way, or someone comes along and tells you otherwise, you may never know what opportunities you could've had. I'll even concede that having the opportunity to think differently may be luck.  But here is where I have a point of contention. What if you've concluded generational wealth is simply luck by the time you have someone try to show you differently? You may dismiss your opportunity as bullshit, and remained trapped in the standard American day to day wage/debt slavery. This is why I hate these semantics so much - I think they rob people of their opportunities."}
{"_id": "271772", "title": "", "text": "Since you both are members of the LLC - it is not a single-member LLC, thus you have to file the tax return on behalf of the LLC (I'm guessing you didn't elect corporate treatment, so you would be filing 1065, which is the default). You need to file form 4868 on behalf of yourselves as individuals, and form 7004 on behalf of the LLC as the partnership. Since the LLC is disregarded (unless you explicitly chose it not to be, which seems not to be the case) the taxes will in fact flow to your individual return(s), but the LLC will have to file the informational return on form 1065 and distribute K-1 forms to each of you. So you wouldn't pay additional estimated taxes with the extension, as you don't pay any taxes with the form 1065 itself. If you need a help understanding all that and filling the forms - do talk to a professional (EA or CPA licensed in your state). Also, reconsider not sending any payment. I suggest sending $1 with the extension form even if you expect a refund."}
{"_id": "271786", "title": "", "text": "Don't misunderstand me.  I'm not saying it's a bad tool.  I'd personally use it, not exclusively or taken as gospel, but I'd use it.   &gt;  I am not comfortable moving to the big city just yet  This is what I'm saying.  There are other factors if you're using glass door to validate feelings of being underpaid.     By the way, if this is what you want then make the leap now. It'll never get easier.  The longer you stay in an area the more roots you put down and the more your current company will take you for granted.   &gt; Anyway, Glassdoor does effect smaller businesses that have no benefits, and just a non-standardized work cultures.   I'm not sure I'd agree with that. If a business isn't competative then there is likely a reason.  Either they can't be or they don't feel like they need to be.  Prospective employees that weren't hand-picked wouldn't change that.  Former employees can be drowned out with astroturfing.  It's much cheaper and easier."}
{"_id": "271793", "title": "", "text": "It is a shame that really insightful article is wrapped up in a paranoid wrapper.  It is all accurate, IMO and is basically the worldview I use when I trade markets.  Except I don't get all fixated on gold.  I see gold as just one tool out of many for exploiting the exploiters."}
{"_id": "271809", "title": "", "text": "Right. When you have an influx of people willing to work for lower wages, it depresses wages.   Scandinavia has the political will and the geographic location such that there is not a large influx of labor from poor countries coming in to work at higher wages than they are used to but lower wages than the locals are used to.   Having an ethnically homogenous population makes it politically easy to have tight immigration and border controls. Being in Northern Europe makes it easy to not have a ton of migrant workers from third world countries right next door.  This isn't rocket science."}
{"_id": "271812", "title": "", "text": "Look for an internship, probably in San Fran there are a lot of opportunities. I'd suggest going through Glassdoor, LinkedIn and other job sites. Perhaps during the year you can flip burgers as its a more student flexible job, and supplement the extra by working as a software engineer during the summers. If you need resume tips feel free to PM. Goodluck!"}
{"_id": "271818", "title": "", "text": "You can. Almost anybody (barring medical issues) can, the drudgery will be intense and utterly soul sucking.   Sure fire formula: Spend very little, save everything and put down down payments on rental houses.  It will eventually get you millions even if everything goes very wrong after 30 years.  It should work out into the millions somewhere between 15-25 years."}
{"_id": "271825", "title": "", "text": "One of the things to consider is that most Vanguard funds are very tax efficient, that is they don't throw off much in the way of cap gains or taxable dividends while they grow. So if you do it right you won't have to pay much in the way of taxes on your investments even if they are in taxable accounts until retirement when at the very least you will have a lot more flexibility in managing your money and very likely be in a lower tax bracket. Roth is better if you are planning other types of investments, but if you are planning to hold an efficient Vanguard fund the difference isn't that bit."}
{"_id": "271832", "title": "", "text": "If you are searching for the best Restaurant to enjoy food with your family then contact with Fusion Grill Dine &amp; Lounge who offers the Best Restaurant In Navi Mumbai CBD Belapur with many other services as  outdoor sitting , private dinning area , live sport screen , WI Fi , hookah , alcohol , smoking area. To know more, explore the full Article."}
{"_id": "271883", "title": "", "text": "For an investment to appreciate in value, one of two things needs to happen: 1) Demand for that particular item needs to increase. 2) The supply of that item needs to decrease. Houses are good because everyone needs a place to live, but there is a finite amount of land.  No matter how much you invest in Manhatten real estate, Manhatten ain't growin'.  The trick there is to find an area that people are going to want to live in when you're ready to sell.  Specific vintages of wines and spirits are another good example, because it's literally impossible to create more of that vintage. Cars, and most consumer goods, usually don't appreciate because they don't last long enough.  Most cars are resold within three to five years after the initial purchase.  This is also why jewelry is a good investment; properly cared for, it can last centuries without wearing out. So, look for something durable that has a limited supply."}
{"_id": "271919", "title": "", "text": "its not against the rules anymore, ever since uber lost one of its many lawsuits, i think it was deemed to be in violation of certain state laws. With that said, it was a concession to drivers especially after uber cut rates to bare bones and drivers weren't making any money at all. really, tips just subsidize drivers lost income from rate cuts that uber used to kill competition over the years, drivers arent making anywhere near what they made using uber in 13/14/15 and the promises of increased ridership never panned out, not to mention the disasters that were uber pool, uber driverless (compounded by a rate cut at the same time making it look like an intimidation tactic to drivers), etc.  I drove for both only until i got the bonuses, job sucks, still find glitter in my car (its been 2 fucking years), and my cynicism was reaffirmed by the experience, I wouldn't mind if uber died and left lyft to pick at its decaying corpse. Hell, I wouldnt mind if Travis kal-whatever got hit by an ex uberdriver and left for buzzards to pick at his decaying corpse, guys a douche."}
{"_id": "271920", "title": "", "text": "\"In the United States, regulation of broker dealer credit is dictated by Regulation T, that for a non-margin account, 100% of a trade must be funded. FINRA has supplemented that regulation with an anti-\"\"free rider\"\" rule, Rule 4210(f)(9), which reads No member shall permit a customer (other than a broker-dealer or a \u201cdesignated     account\u201d) to make a practice, directly or indirectly, of effecting transactions in a cash     account where the cost of securities purchased is met by the sale of the same securities.     No member shall permit a customer to make a practice of selling securities with them in a     cash account which are to be received against payment from another broker-dealer where     such securities were purchased and are not yet paid for. A member transferring an     account which is subject to a Regulation T 90-day freeze to another member firm shall     inform the receiving member of such 90-day freeze. It is only funds from uncleared sold equities that are prohibited from being used to purchase securities. This means that an equity in one's account that is settled can be sold and can be purchased only with settled funds.  Once the amount required to purchase is in excess of the amount of settled funds, no more purchases can be made, so an equity sold by an account with settled funds can be repurchased immediately with the settled funds so long as the settled funds can fund the purchase. Margin A closed position is not considered a \"\"long\"\" or \"\"short\"\" since it is an account with one loan of security and one asset of security and one cash loan and one cash liability with the excess or deficit equity equal to any profit or loss, respectively, thus unexposed to the market, only to the creditworthiness of the clearing & settling chain. Only open positions are considered \"\"longs\"\" or \"\"shorts\"\", a \"\"long\"\" being a possession of a security, and a \"\"short\"\" being a liability, because they are exposed to the market. Since unsettled funds are not considered \"\"longs\"\" or \"\"shorts\"\", they are not encumbered by previous trades, thus only the Reg T rules apply to new and current positions. Cash vs Margin A cash account cannot purchase with unsettled funds.  A margin account can.  This means that a margin account could theoretically do an infinite amount of trades using unsettled funds.  A cash account's daily purchases are restricted to the amount of settled funds, so once those are exhausted, no more purchases can be made. The opposite is true for cash accounts as well.  Unsettled securities cannot be sold either. In summation, unsettled assets can not be traded in a cash account.\""}
{"_id": "271949", "title": "", "text": "What asset allocation is right for you (at the most basic the percentage if stocks vs bonds; at the advanced level, percentage of growth vs value, international vs domestic etc) is a function of your age, retirement goals, income stability and employment prospects until retirement.  Roth IRA is orthogonal to this.  Now, once you have your allocation worked out there are tactical tax advantage decisions available: interest income, REIT and MLP dividends are taxed at income and not capital gains rate, so the tactical decision is to put these investments in tax advantage accounts like Roth and 401ks.  Conversely, should you decide to buy and hold growth stocks there are tactical advantages to keeping them in a taxable account: you get tax deferment until the year you choose to sell (barring a takeover), you get the lower lt cap gains rate, and you can employ tax loss harvesting."}
{"_id": "271956", "title": "", "text": "This whole situation is mental. From the crooked Executives selling stock to the bizarre security check method they set up and I just saw thing saying their chief security officer received their education in like music appreciation or something."}
{"_id": "271974", "title": "", "text": "Thank you so much for this! Like you said, I think I have a unique story and went to CC for both financial reasons and I had some personal issues that got in the way that I had to take care of. I guess my biggest fear is the whole resume issue, I put down my CC and my major (I have a 4.0 in all my econ/accounting/business classes that transferred) and cumulative GPA, but people have told me to not list my CC GPA, although then I have nowhere to list a GPA and it omits a lot of important information and part of my story. I listed my intended coursework at UCLA and my major/minor.   I have made a list of some alumni that are MDs and VPs in the LA area, and I've been looking on LinkedIn for some recently graduated students, but I don't know how much of a help the recent grads will be."}
{"_id": "271997", "title": "", "text": "Mutual funds are funds composed of financial assets and the funds of investors, and are managed by a firm, usually a large wealth management firm. They are generally accessible to anyone.  Hedge funds are private investment funds with limited access, and are subject to fewer regulations. They are usually legally set up as their own firm."}
{"_id": "272008", "title": "", "text": "\"Yes when I place an order with my broker they send it out to the exchange. - For individual investors, what are some cons and pros of trading on    the exchanges directly versus indirectly via brokers? I may be mistaken(I highly doubt it), but from my understanding you cannot trade directly through an exchange as a retail investor. BATS allows membership but it is only for  Your firm must be a registered broker-dealer, registered with a Self Regulatory Organization (SRO) and connected with a clearing firm. No apple (aapl) is listed on the NASDAQ so trades go through the NASDAQ for aapl. Caterpillar Inc (CAT) is listed on the NYSE so trades go through the NYSE.  The exchange you trade on is dependent on the security, if it is listed on the NYSE then you trade on the NYSE. As a regular investor you will be going through a broker. When looking to purchase a security it is more important to know about the company and less important to know what exchange it is listed on. Since there are rules a company must comply with for it to be listed on certain exchanges, it does make a difference but that is more the case when speaking about a stock listed Over the Counter(OTC) or NYSE. It is not important when asking NYSE or NASDAQ? Selecting a broker is something that's dependent on your needs. You should ask your self, \"\"whats important to me?\"\", \"\"Do I want apps(IE: iPhone, android)?\"\" \"\"Do I need fancy trading tools?\"\". Generally all the brokers you listed will most likely do the trick for you. Some review sites: Brokerage Review  Online Broker Review 2012 Barron's 2012 Online Broker Review\""}
{"_id": "272017", "title": "", "text": "Except 12/hr isn't what they get paid so even that's off. It's like 7.50 an hour in most places. And the point is that nothing like this exists, let alone is cost effective, nor will it barring big breakthrough for at least a decade and quite easily more."}
{"_id": "272018", "title": "", "text": "&gt; That there are more jobs today isn't a convincing argument.  You yourself said that automation means there is a net loss in jobs.  If that were true, there would be less jobs now than in 1900.  But the opposite is true.  Products are more efficiently reaching the consumer.  This means more people are buying more things.  This means producers have to hire more people or buy more raw materials.  Lets go with a real classic example.  Lets say that you and myself make sewing needles.  We both do it by hand, because in this example we are at the dawn of the industrial revolution, making a needle at a time.  Now lets say I figure out a way to make a machine that makes 100 needles in the time it took me to make 1, and because less of my time is going into each needle I can sell them cheaper.  I am now able to reach more stores than before to sell my sewing needles.  I have to hire some more people to make deliveries because I can only do so much by myself.  Now I also grow to the point of having to buy another machine because my business is booming.  People love my sewing needles.  But I can't man 2 machines, so I hire in another person.  Now I have more people making deliveries, and I no longer deliver myself because I am better at making needles than delivering them.  The guys supplying me with the metal to make the needles also had to hire some people to keep up with my demand.  And the people mining the metal for my needles also had to hire another miner.  This may sound like a made up story, but this sort of thing was going on at this time.    The argument that automation kills jobs has been around since before the industrial revolution.  * How much would your cell phone be if we were still using horse and cart to deliver goods?  * Would your mother/sister/girlfriend/wife/Yourself (if you are a girl) be able to have a full time job if they did not have a washing machine, iron, vacuum cleaner, other appliances?  * What kind of selection in the grocery store would you have if the tractor was never used?"}
{"_id": "272021", "title": "", "text": "Given that you are starting with a relatively small amount, you want a decent interest rate, and you want flexibility, I would consider fixed deposit laddering strategy. Let's say you have \u20b915,000 to start with. Split this in to three components: Purchase all of the above at the same time. 30 days later, you will have the first FD mature. If you need this money, you use it. If you don't need it, purchase another 90-day fixed deposit. If you keep going this way, you will have a deposit mature every 30 days and can choose to use it or renew the fixed deposit. This strategy has some disadvantages to consider: As for interest rates, the length of the fixed deposit in positively related to the interest rate. If you want higher interest rates, elect for longer fixed deposit cycles.For instance, when you become more confident about your financial situation, replace the 30, 60, 90 day cycle with a 6, 12, 18 month cycle The cost of maintaining the short term deposit renewals and new purchases. If your bank does not allow such transactions through on line banking, you might spend more time than you like at a bank or on the phone with the bank You want a monthly dividend but this might not be the case with fixed deposits. It depends on your bank but I believe most Indian banks pay interest every three months"}
{"_id": "272028", "title": "", "text": "More likely I miswrote.  Yes, we're talking about capital gains.  But who, outside of the moneyed elite, have enough capital gains to incur substantial taxes?  Many don't and never will despite how hard they work or how productive they are.  Also, doesn't taxing income more than capital gains discourage production?  I always hear how high capital gains tax discourages investment and growth."}
{"_id": "272030", "title": "", "text": "\"As far as I can tell, that question wasn't raised by the article; the article's actual title was, \"\"Here\u2019s how top tech companies will rally to support net neutrality next week\"\".   I'm not sure why the OP changed it to something that the article itself doesn't really discuss.\""}
{"_id": "272054", "title": "", "text": "\"LOL. Its gotten harder for those who dont want to change with the times. Tools like sentdex and PsychSignal provide a solid argument against the headline of the article. Its not harder, the methods have just changed. Most people dont understand the methods and thus: \"\"its gotten harder.\"\"  Harder is entirely relative, for people like me, its gotten easier...  [This algorithm looks for a high volume of bullish tweets about penny stocks and returns 95% in a year.](https://www.quantopian.com/posts/psychsignal-machine-learning-and-penny-stocks-95-percent-in-a-year)    [This algorithm trades my favorite tech stocks using tweets to determine when to buy. 140% 2016-mid 2017.](https://www.quantopian.com/posts/psychsignal-machine-learning-models-and-tech-stocks)   I will say that in those algorithms, I throw out more than half the data. To be more correct, I assume half the data is bullshit (people mindlessly reposting, morons talking about shit they dont understand, etc.)   People, in general, are idiots. The moment you accept this, social media analysis becomes rather easy.   In my first 3 weeks of trading ever I was up 60% because of Bio Med stocks (i lost it all due to greed, I now always pull out early (lol) as opposed to too late). I didn't know ANYTHING about the bio med market - I let stock twits do all the work (in general, Twitter is actually more correct than stocktwits, which is rather ironic). Once I started trading with algorithms, I automated this process.  Have real analysts been squashed by the short segments they get on TV? sure. but if you are really getting your info from TV, as opposed to just reading it in 1/10th of the time it takes to watch a TV program, thats your fault. These days I feel its best to do the research yourself, read about it online somewhere, or use the high volume of data available with algorithmic trading.\""}
{"_id": "272070", "title": "", "text": "There's two reasons. One is that you have a longer time horizon, other answers cover that. The second is that for someone who is younger, most of their capital is human capital in terms of their future work output (and earnings). If you're 25 and your $20,000 portfolio gets wiped out, that's only a small amount of your total earnings. You still have 45 years in which to earn money (and invest it). If you're 65 and your $1,000,000 portfolio gets wiped out, you're in much bigger trouble. Note that this means that in certain circumstances, a younger investor would want to be more conservative. If you're 25, but got a million dollar settlement for an injury which means you can't work anymore, you want to be more conservative than your average 25-year-old. If you're 65, and just sold a business for which you get $1,000,000 in two years, you can be more aggressive with your currently invest-able portfolio."}
{"_id": "272075", "title": "", "text": "I'm not sure why people are down voting you. There is no question the math and stats will be more intensive than what I used as an undergrad, but most of the programs I have talked to haven't suggested taking calc 3. But then again the programs i'm applying for aren't quant focused ones, defiantly not as quant heavy as a MS in comp finance would be.   Just curious, if your already at a BB how come you decided to go back for the MS and not an MBA?"}
{"_id": "272076", "title": "", "text": "There is no such thing as a startup loan. You take personal loans, and borrow money from friends and family. That's it.  No one else is stupid enough to fund your insane scheme. And if they are, they want 60% of the company for a pittance."}
{"_id": "272091", "title": "", "text": "If you know you have picked a bad stock, the sooner you sell the better. There is a tendency to hold a bad stock in the hope that it will pick up again. Most of us fall into this trap. The best way one needs to look at things are;"}
{"_id": "272093", "title": "", "text": "\"Yes, the \"\"effective\"\" and \"\"market\"\" rates are interchangeable. The present value formula will help make it possible to determine the effective interest rate. Since the bond's par value, duration, and par interest rate is known, the coupon payment can be extracted. Now, knowing the price the bond sold in the market, the duration, and the coupon payment, the effective market interest rate can be extracted.  This involves solving large polynomials. A less accurate way of determining the interest rate is using a yield shorthand. To extract the market interest rate with good precision and acceptable accuracy, the annual coupon derived can be divided by the market price of the bond.\""}
{"_id": "272116", "title": "", "text": "The company gets it worth from how well it performs. For example if you buy company A for $50 a share and it beats its   expected earnings, its price will raise and lets say after a year or   two it can be worth around $70 or maybe more.This is where you can   sell it and make more money than dividends."}
{"_id": "272117", "title": "", "text": "There are a few reasons, dependent on the location of the company.  The first, as you mentioned is that it means that the employee is invested in the companies success - in theory this should motivate the employee to work hard in order to increase the value of their holdings. Sometimes these have a vestment period which requires that they hold the stock for a certain amount of time before they are able to sell, and that they continue working at the company for a certain amount of time. The second, is that unlike cash, providing stocks doesn't come out of the companies liquid cash. While it is still an expense and does devalue the shares of other shareholders, it doesn't effect the daily working capital which is important to maintain to ensure business continuity. And the third, and this is for the employee, is tax reasons. In particular for substantial amounts. Of course this is dependent on jurisdiction but you can often achieve lower tax rates on receiving shares vs a cash equivalent sum, as you can draw out the money over time lowering your tax obligation each year, or other methods which aren't possible to look into now. Hope this helps."}
{"_id": "272122", "title": "", "text": "New family home sales were at a seasonally adjusted annual rate of 369,000 for the month of May.  This is somewhat higher than April and about 20% above May of 2011. However, this is lower -- in some case much lower -- than anytime from about 1962 to 2008.  So, the good news is that new home sales are trending up slightly.  The bad news is that they fell from ~1.4 million units in 2005, so we're down about 75% from those overheated days."}
{"_id": "272126", "title": "", "text": "\"**Working Group on Financial Markets**  The Working Group on Financial Markets (also, President's Working Group on Financial Markets, the Working Group, and colloquially the Plunge Protection Team) was created by Executive Order 12631, signed on March 18, 1988, by United States President Ronald Reagan.  As established by the executive order, the Working Group has three purposes and functions:  \"\"(a) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence, the Working Group shall identify and consider:  (1) the major issues raised by the numerous studies on the events in the financial markets surrounding October 19, 1987, and any of those recommendations that have the potential to achieve the goals noted above; and  (2) the actions, including governmental actions under existing laws and regulations (such as policy coordination and contingency planning), that are appropriate to carry out these recommendations.  (b) The Working Group shall consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants to determine private sector solutions wherever possible.  (c) The Working Group shall report to the President initially within 60 days (and periodically thereafter) on its progress and, if appropriate, its views on any recommended legislative changes.\"\"  The Working Group consists of:  The Secretary of the Treasury, or his or her designee (as Chairperson of the Working Group);  The Chairperson of the Board of Governors of the Federal Reserve System, or his or her designee;  The Chairperson of the Securities and Exchange Commission, or his or her designee; and  The Chairperson of the Commodity Futures Trading Commission, or his or her designee.    ^ a b \"\"Executive Orders\"\".  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.21\""}
{"_id": "272136", "title": "", "text": "\"The enemy of my enemy is my enemy? If white supremacists oppose an agenda based on identity politics (which prioritizes diversity above all else), just as Trump does, does that not mean that they have a \"\"friend\"\" in Trump? Not to sound rude, but have you even tried thinking about the situation?\""}
{"_id": "272137", "title": "", "text": "Does the Insurance value differ from state to state (for example I've a car in Hawaii and there is another car in Illinois with same model, make and same features), does the Insurance vary for both? Yes, quotes will vary based on where you live for various reasons, (propensity for accidents, value of cars, etc.), and state laws regarding required car insurance can vary. How is the insurance quote calculated? It's likely a proprietary formula that the insurance company will not disclose. If they did, they could be giving away a competitive advantage. However, like all insurance, the goal is to determine the probability of the insured having an accident, and the projected cost of such an accident.  That will be based on actuarial tables for each of the risk factors you mention."}
{"_id": "272139", "title": "", "text": "\"They are a screwed up company.  They constantly mess up our billing.  It takes me calling every other month to fix it.  Their auto billing is also messed up.    Their tech support is also screwed up.  The amount of times I have spent an hour on the phone with them to find out \"\"there is an outage in your area\"\" is pretty funny.  I even lead off with that question and it never is until the 1 hour mark.\""}
{"_id": "272145", "title": "", "text": "&gt;I don't think we're going to see a world where there's no menial labor for a very long time.  I don't think it'll be in my lifetime, but I don't think it's too far off in the grand scheme of things. Self-driving vehicles and cashier-less stores/quick serve restaurants are well within the realm of possibility in several decades, and those are two of the largest employment industries in the US.  It's worth starting to talk about, because it's going to take a *massive* shift in ideology (that is, we might have to start thinking seriously about universal basic income omg the horror) in order to not blow up."}
{"_id": "272150", "title": "", "text": "It's incredibly foolish because it fails to use the investments as collateral to secure the loan. So instead of paying 5% or less for a loan secured by liquid assets, you'll be paying 10% or more for an unsecured loan. I do leveraged investments all the time and make a reasonable amount of money doing it (at high risk, I concede). I always use the investment to secure the loan and, as a result, pay a very low interest rate (since the lender can sell of my investments if I fail to repay the loan, reducing their risk dramatically). An unsecured loan would cost several times more."}
{"_id": "272162", "title": "", "text": "\"Shariah compliant investments attempt to achieve your \"\"ethical investing\"\" ideals. Many countries around the world have a long list of shariah compliant investments and lots of journalists will go great lengths to reveal when a company is not really shariah compliant. Standard & Poors (S&P), an American financial services company, hosts a Shariah compliant index too, but on the Toronto Stock Exchange in Canada due to the Islamaphobia rampant in the United States. But of course, international companies are indifferent to any single country's social problems, and in your new pastime as an international speculator you will get the same luxury too and exemption from the political spectrum. S&P/TSX 60 information can be found here: http://web.tmxmoney.com/tmx_indices.php?section=tsx&index=%5ETXSI Business sectors prohibited from the Shariah index include: Gambling, Pornography, Tobacco, amongst others. In the United States, the concept has been renamed \"\"B-Corporation\"\" (a play on the federal term C-Corporation and S-Corporation), and has garnered enough of a movement that several states have created these as entities people can actually register them with the state, but these are not recognized as \"\"B-Corporations\"\" to the federal government. Shariah compliant investments will be easier to find worldwide, due to the popularity of the associated religion.\""}
{"_id": "272166", "title": "", "text": "&gt; Also the institutional investor only has the advantage of leverage  And, you know, capital, better data, better technical knowledge, and better just about everything else. It's the same reason why the average investor is better off buying a blue-chip stock while a buy-side guy buys more complex financial products."}
{"_id": "272173", "title": "", "text": "Assuming you are Indian Citizen / Resident for Tax purposes. Your friend in US Citizen / Resident for tax purposes. As you are borrowing these funds and returning, this would NOT be treated as Gift but as Loan. Ensure that you have the right documentation in place. There is no tax when you receive the funds/loan or rebate when you pay back the loan. From India FEMA (Foreign Exchange Management Act) point of view, if you take loan from friends, you cannot by default repatriate funds. You have to take special permission to repatriate the funds out of India."}
{"_id": "272174", "title": "", "text": "For a time period as short as a matter of months, commercial paper or bonds about to mature are the highest returning investments, as defined by Benjamin Graham:  An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative. There are no well-known methods that can be applied to cryptocurrencies or forex for such short time periods to promise safety of principal. The problem is that with $1,500, it will be impossible to buy any worthy credit directly and hold to maturity; besides, the need for liquidity eats up the return, risk-adjusted.  The only alternative is a bond ETF which has a high probability of getting crushed as interest rates continue to rise, so that fails the above criteria. The only alternative for investment now is a short term deposit with a bank. For speculation, anything goes... The best strategy is to take the money and continue to build up a financial structure: saving for risk-adjusted and time-discounted future annual cash flows.  After the average unemployment cycle is funded, approximately six or so years, then long-term investments should be accumulated, internationally diversified equities."}
{"_id": "272190", "title": "", "text": "I just used the formula in below link and did some math.  I have that book too but haven't looked at it yet really.  Lots of maths to have fun with.  Let me know if this is correct or needs fixing. Source: http://wiki.fool.com/How_to_Calculate_Beta_From_Volatility_%26_Correlation"}
{"_id": "272195", "title": "", "text": "Well that is not entirely accurate, but the sentiment is true. If Jeff himself liquidated the stock it would cause concern because he is the driving force at Amazon. But whether or not the stock price is driven up or down is more about where demand meets supply rather than simply supply.   For example, almost every time a company buys out a public corporation they pay a premium for the exact opposite effect you're talking about, though it's the same logic. If you are wanted to sell 40% of a company you owned you would likely do it this way.   If Jeff announced he  was retiring and had good leadership set into place after him and THEN created a buyout of his 40% he would likely get 30-50% more than the stock is currently worth. So there are a lot of factors."}
{"_id": "272198", "title": "", "text": "It's important to consider your Investor Profile when deciding the right kind of vehicle for your finances. You are a young guy, with a considerable earned income and no dependents (sorry, this was not clear from the question.) This means that you are able to take a lot of risks that people who also have a family to think about, might not. == high risk tolerance You should definitely not put your money in a Wealth Management fund or Mutual Fund or any other 'hands-off' vehicle. These typically have worse returns than the FTSE itself. Their popularity is due to an amazing marketing job and the fact that people in general want to believe there is an easy way to grow their money. Probably the best vehicle for your money is property, so the first thing you should do with the money is hire a competent accountant and solicitor."}
{"_id": "272199", "title": "", "text": "Typical consumerist bullshit.  Post some chat transcript with some flunky as proof of how evil corporation is.  Yes, I'm sure Comcast won't sell you the box.  But consumerist should be seeking interviews from upper management about this issue.  Flunky order-taker is probably just not in the mood to deal with some asshole who wants to buy a box.    Next week Consumerist is going to post about how Burger King will not make a Big Mac, and present video of someone placing the order at a drive-through as proof of how horrible Burger King is"}
{"_id": "272202", "title": "", "text": "Quicken has tools for this, but they have some quirks so i hesitate to actually recommend it on that basis."}
{"_id": "272219", "title": "", "text": "Deserved. There's not nearly enough accountability in the finance industry these days. No one went to prison for anything related to the 2008 housing/mortgage crisis; also read in the Chicago Tribune today that somebody got off with just *fines* for billions of dollars of tax fraud. It's ridiculous."}
{"_id": "272223", "title": "", "text": "\"The original question was aimed at early payment on a student loan at 6%. Let's look at some numbers.  Note, the actual numbers were much lower, I've increased the debt to a level that's more typical, as well as more likely to keep the borrower worried, and \"\"up at night.\"\"  On a $50K loan, we see 2 potential payoffs. A 6 year accelerated payoff which requires $273.54 extra per month, and the original payoff, with a payment of $555.10. Next, I show the 6 year balance on the original loan terms, $23,636.44 which we would need to exceed in the 401(k) to consider we made the right choice.  The last section reflects the 401(k) balance with different rates of return. I purposely offer a wide range of returns. Even if we had another 'lost decade' averaging -1%/yr, the 401(k) balance is more than 50% higher than the current loan debt. At a more reasonable 6% average, it's double. (Note: The $273.54 deposit should really be adjusted, adding 33% if one is in the 25% bracket, or 17.6% if 15% bracket. That opens the can of worms at withdrawal. But let me add, I coerced my sister to deposit to the match, while married and a 25%er. Divorced, and disabled, her withdrawals are penalty free, and $10K is tax free due to STD deduction and exemption.) Note: The chart and text above have been edited at the request of a member comment.  What about an 18% credit card? Glad you asked -  The same $50K debt. It's tough to imagine a worse situation. You budgeted and can afford $901, because that's the number for a 10 year payoff. Your spouse says she can grab a extra shift and add $239/mo to the plan, because that' the number to get to a 6 year payoff.  The balance after 6 years if we stick to the 10 year plan? $30,669.82. The 401(k) balances at varying rates of return again appear above. A bit less dramatic, as that 18% is tough, but even at a negative return the 401(k) is still ahead. You are welcome to run the numbers, adjust deposits for your tax rate and same for withdrawals. You'll see -1% is still about break-even.  To be fair, there are a number of variables, debt owed, original time for loan to be paid, rate of loan, rate of return assumed on the 401(k), amount of potential extra payment, and the 2 tax rates, going in, coming out. Combine a horrific loan rate (the 18%) with a longer payback (15+ years) and you can contrive a scenario where, in fact, even the matched funds have trouble keeping up. I'm not judging, but I believe it's fair to say that if one can't find a budget that allows them to pay their 18% debt over a 10 year period, they need more help that we can offer here. I'm only offering the math that shows the power of the matched deposit.   From a comment below, the one warning I'd offer is regarding vesting. The matched funds may not be yours immediately. Companies are allowed to have a vesting schedule which means your right to this money may be tiered, at say, 20%/year from year 2-6, for example. It's a good idea to check how your plan handles this. On further reflection, the comments of David Wallace need to be understood. At zero return, the matched money will lag the 18% payment after 4 years. The reason my chart doesn't reflect that is the match from the deposits younger than 4 years is still making up for that potential loss. I'd maintain my advice, to grab the match regardless, as there are other factors involved, the more likely return of ~8%, the tax differential should one lose their job, and the hope that one would get their act together and pay the debt off faster.\""}
{"_id": "272240", "title": "", "text": "I'm fine with this. I'm fine with any job being replaced with a robot, if it's possible and better than a person. McDonalds employees, stock broker, cotton picker, whatever.   Jobs get replaced by robots constantly, and that's not the problem. When a company increases their profits by replacing a person with automation, they need to pay more taxes back into the system so that there is a social framework to support the population as more and more jobs get replaced. Eventually just about any job could be automated, so we need to figure out what we do when that happens. It can't just be fuck that guy who used to do that job."}
{"_id": "272248", "title": "", "text": "\"I have done similar software work. You do not need an LLC to write off business expenses. The income and expenses go on Schedule C of your tax return. It is easy to write off even small expenses such as travel - if you keep records. The income should be reported to you on a 1099 form, filled out by your client, not yourself.  For a financial advisor you should find one you can visit with personally and who operates as a \"\"fee-only\"\" advisor. That means they will not try to sell you something that they get a commission on. You might pay a few $hundred per visit. There are taxes that you have to pay (around 15%) due to self-employment income. These taxes are due 4 times a year and paid with an \"\"estimated tax\"\" form. See the IRS web site, and in particular schedule SE. Get yourself educated about this fast and make the estimated tax payments on time so you won't run into penalties at the end of the year.\""}
{"_id": "272264", "title": "", "text": "The reason you're being down voted is that inflation is nearly the lowest it's ever been.  Also for manufacturing, dozens of studies show that automation is causing most of the job loss. Our gross yields actually keep growing thanks to productivity gains."}
{"_id": "272269", "title": "", "text": "\"ooooo, you think your work means you should get a lead for it? wow, aren't you presumptuous. it's sad how you think there's some rule out there that says \"\"hard work =&gt; opportunity will come\"\"  seriously, how can you be so deluded? civilization is built on the backs of hard working people where most never get any good opportunities. you think your hard work caused your opportunities? maybe you should learn that correlation doesn't imply causality.   and yes, i think many people would say luck had something to do with you getting your lead. what the fuck makes you think that you deserve a lead just because you worked hard. millions of people work damn harder than and they never get anywhere.   goddamn, your arrogance is just so mind boggling. saying that there's no such thing as luck is saying that chance is never a factor. your stupidity here is just too obvious to argue about.\""}
{"_id": "272279", "title": "", "text": "What options do I have? Realistically?  Get a regular full time job.  Work at it for a year or so and then see about buying a house. That said, I recently purchased a decent home.  I am self-employed and my income is highly erratic.  Due to how my clients pay me, my business might go a couple months with absolutely no deposits.   However, I've been at this for quite a few years.  So, even though my business income is erratic, I pay myself regularly once a month.  In order to close the deal with the mortgage company I had to provide 5 years worth of statements on my business AND my personal bank accounts.  Also I had about a 30% down payment.   This gave the bank enough info to realize that I could absolutely make the payments and we closed the deal. I'd say that if you have little to no actual financial history, don't have a solid personal income and don't have much of a down payment then you probably have no business buying a house at this point.  The first time something goes wrong (water heater, ac, etc) you'll be in a world of trouble."}
{"_id": "272281", "title": "", "text": "\"Not to discourage you, but I would say that photography could be fairly low hanging fruit. Certainly not with the ease of paper-pushing jobs, but I feel that things like how to setup the frame to appeal to human emotion could be done statistically. The movement of the camera itself is a solved problem.  To take it even further, we are getting better at converting the real world into 3D models. I can imagine a camera in the not so distant future that just \"\"scans\"\" the scene into a 3D representation. From there, a computer could add a myriad of effects like lighting and depth of field dynamically, again based on those models of what appeals to people.  With that said, you've probably got a good number of years ahead of you. I'm just not sure it will always be sought after.\""}
{"_id": "272285", "title": "", "text": "Ok just the first paragraph then. Whatcha got?  Wait til 2018 and dont be shocked when there is alot of losses for those against Trump. Maybe then it'll hit you that the dying legacy media that hates Trump and LOL gave him a 1% chance of winning on election night, and who normalizes hate and violence against Trump and his supporters, are on the wrong side of history.  Trumps fan base is huge. People are afraid of being attacked or thought less of because they might agree with him. Its a disgusting thing the media has done."}
{"_id": "272289", "title": "", "text": "The key question is whether this number includes taxes and insurance. When you get a mortgage in the U.S., the bank wants to be sure that you are paying your property taxes and that you have homeowners insurance. The mortgage is guaranteed by a lien on the house -- if you don't pay, the bank can take your house -- and the bank doesn't want to find out that your house burned down and you didn't bother to get insurance so now they have nothing. So for most mortgages, the bank collects money from the borrower for the taxes and insurance, and then they pay these things. This can also be convenient for the borrower as you are then paying a fixed amount every month rather than being hit with sizeable tax and insurance bills two or three times a year. So to run the numbers: As others point out, mortgage rates in the US today are running 3% to 4%. I just found something that said the average rate today is 3.6%. At that rate, your actual mortgage payment should be about $1,364. Say $1,400 as we're taking approximate numbers. So if the $2,000 per month does NOT include taxes and insurance, it's a bad deal. If it does, then not so bad. You don't say where you live. But in my home town, property taxes on a $300,000 house would be about $4,500 per year. Insurance is probably another $1000 a year. And if you have to get PMI, add another 1/2% to 3/4%, or $1500 to $2250 per year. Add those up and divide by 12 and you get about $600. Note my numbers here are all highly approximate, will vary widely depending on where the house is, so this is just a general ballpark. $1400 + $600 = $2000, just what you were quoted. So if the number is PITI -- principle, interest, taxes, and insurance -- it's about what I'd expect."}
{"_id": "272293", "title": "", "text": "thank you so much dannyLameJokes I was talking to a friend and he said I should also learn Java. Do you think it will be of any help in future? btw I am aiming at getting into corporate finance."}
{"_id": "272295", "title": "", "text": "Get high quality telephone systems from a company that has always been committed to providing innovative technology and communication solutions to enterprises of all sizes. You'll get all the essential tools that you need in today\u2019s fast paced business environment."}
{"_id": "272308", "title": "", "text": "\"&gt; Yes, you lied for 3 years  Never attribute to malice that which is adequately explained by stupidity.  Except in this case \"\"stupidity\"\" can be replaced with \"\"a really difficult problem\"\". That problem is counting.  I work on a web service that counts 30 day active users in the 100s of millions. At this scale counting unique users becomes VERY difficult. Mistakes happen... constantly. We have discovered 3 times in my 3 years in this team that users were being miscounted... by a LOT. It happens, the systems underlying all of our users across multiple platforms are a product of ageing software, unfit for their current task. There isn't enough commitment from management to allocate sufficient resources to actually fix the problem. Defining an active user sometimes isn't even obvious. Accounting for users across multiple platforms and multiple accounts while simultaneously adhering to certain legal and privacy agreements all quickly lead to a difficult task from something that seems simple to someone who has never tried to count at this scale.  Now I'm adding this context with a big asterisk:   \\* If it's the primary number that you announce at each earnings call... then you'd better get the fucking count right.\""}
{"_id": "272318", "title": "", "text": "Those are the expected yields; they are not guaranteed. This was actually the bread and butter of Graham Newman, mispriced bonds.  Graham's writings in the Buffett recommended edition of Securities Analysis are invaluable to bond valuation. The highest yielder now is a private subsidiary of Soci\u00e9t\u00e9 G\u00e9n\u00e9rale.  A lack of financial statements availability and the fact that this is the US derivatives markets subsidiary are probably the cause of the higher rates. The cost is about a million USD to buy them. The rest will be similar cases, but Graham's approach could find a diamond; however, bonds are big ticket items, so one should expect to pay many hundreds of thousands of USD per trade."}
{"_id": "272325", "title": "", "text": "I am not aware of a single instrument that encapsulates what you are after; but the components do exist. At least in Canada, there are many Options traded on the Montreal Exchange that are based on Toronto ETFs.  All the standard TSX ETFs are represented, as well as some of the more exotic.  With a regular investment account approved for Options you should be able to do what you want. In a parallel vein, there are also double down and up ETFs.  One such example are the Horizons BetaPro series of ETFs.  They are designed to return double the market up or down on a daily basis and reset daily.  They do need to be watched closely, however. Good Luck"}
{"_id": "272326", "title": "", "text": "Cryptos will grow but they can still be taxed.  If the government ever legitimizes a crypto, it will have conditions like tying your ID to your wallet.  The IRS has already tried to muscle their way into the Coinbase books.  It hasn't happened yet, but I feel like it is only a matter of time."}
{"_id": "272328", "title": "", "text": "It's never too early, but age 3 is when we started a piggy bank.  Age 4 is when we opened a bank account. When you go shopping with your children, discuss what items cost (such as bread, milk, books, etc.) Start teaching them that everything has a value...then relate it to how much they have saved.  Kids need to learn 3 basic things from their parents:  how to save/invest, how to spend wisely, how to share/donate"}
{"_id": "272342", "title": "", "text": "Agree completely. I too have worked non-union jobs my whole life, and I've worked with *plenty* of shitty people, I can count on one hand, maybe one finger, the number of people I've seen fired as well. It's pretty easy to coast, union or not.   &gt; I believe that they are responsible for a majority of improvements to our working conditions and safety.  I believe the same."}
{"_id": "272344", "title": "", "text": "There are cases in which some Lease agreements will allow you to exit them without charge, but you cannot simply vacate a location without paying. Cases that would allow you to leave the lease, if they are stated within the lease, are usually for reasons like: If you can prove that you have a job that is over a certain distance from the place you are currently residing in, there may be a clause that would allow you to break you lease, or simply the landlord may be more willing to allow you to go. If situations have changed, and conditions are now such that you cannot safely live in the place, you may be able to break the lease.  If you have a copy of your lease, look for these clauses or others near the end, that's where they appear in mine.  There are also other situations where if you give sufficient notice, and have been a long time tenant, breaking a lease may be only a small fee, certainly worth looking into rather than facing any legal recourse."}
{"_id": "272358", "title": "", "text": "Because it shifts that future revenue to today.    They are hoping that this shift, which offsets the other tax cuts, will be offset in the future by increased tax revenue generated from the economic growth created by the tax cuts today.  Also, long term economic effects of tax breaks are largely unknown, as a result the CBO does not really account for them in there model. Due to this, they can't use the theoretical revenue increase to offset the reductions. The CBO projects out 10 years, so they are literally borrowing money from tomorrow to plug a hole that they can't fill today."}
{"_id": "272400", "title": "", "text": "\"Well the only 2 times I've been scammed were Chinese.  A smartphone scam on swappa and these smart LED bulbs on Indiegogo.  I'll never trust a store front once one of their sellers can get away with that.  With Swappa, items are publicly visible before they're verified and with Indiegogo they say you're investing in an \"\"idea.\"\"  When the merchant says there is a tangible product and that it will be shipped, it's not an idea.  There is no reason for them to produce anything because the cost is so low to take legal action and there's at least 3 other parties involved in the sell.\""}
{"_id": "272402", "title": "", "text": "Top Gear (~~or was it Grand Tour~~) did a [special on chinese cars](https://vimeo.com/40226173) a few years back. In ~2007, the first domestic chinese cars were worse than Model Ts, then they started stealing IP and by the early 2010s the cars were knockoffs of western brands. Perhaps, they've improved since that time, especially since intentional negligence in manufacturing will lead to a death penalty over there."}
{"_id": "272425", "title": "", "text": "I'm assuming you're in the United States for this. I highly recommend getting a CPA to help you navigate the tax implications. Likely, you'll pay taxes as a sole proprietor, on top of any other income you made. Hopefully you kept good records because you'll be essentially paying for the profits, but you'll need to show the revenue and expenditures that you had. If you have any capital expenditures you may be able ton amortize them. But again, definitely hire a professional to help you, it will be well worth the cost."}
{"_id": "272458", "title": "", "text": "\"Here are the few scenarios that may be worth noting in terms of using different types of accounts: Traditional IRA. In this case, the monies would grow tax-deferred and all monies coming out will be taxed as ordinary income. Think of it as everything is in one big black box and the whole thing is coming out to be taxed. Roth IRA. In this case, you could withdraw the contributions anytime without penalty. (Source should one want it for further research.) Past 59.5, the withdrawals are tax-free in my understanding. Thus, one could access some monies earlier than retirement age if one considers all the contributions that are at least 5 years old. Taxable account. In this case, each year there will be distributions to pay taxes as well as anytime one sells shares as that will trigger capital gains. In this case, taxes are worth noting as depending on the index fund one may have various taxes to consider. For example, a bond index fund may have some interest that would be taxed that the IRA could shelter to some extent. While index funds can be a low-cost option, in some cases there may be capital gains each year to keep up with the index. For example, small-cap indices and value indices would have stocks that may \"\"outgrow\"\" the index by either becoming mid-cap or large-cap in the case of small-cap or the value stock's valuation rises enough that it becomes a growth stock that is pulled out of the index. This is why some people may prefer to use tax-advantaged accounts for those funds that may not be as tax-efficient. The Bogleheads have an article on various accounts that can also be useful as dg99's comment referenced. Disclosure: I'm not an accountant or work for the IRS.\""}
{"_id": "272486", "title": "", "text": "\"Essentially, your question is \"\"lump sum vs DCA\"\" and your tags reflect that. In the long run, lump sum, say a Jan 2 deposit each year, will beat DCA by about 1/2 the average annual market return. $12,000 will see a 10% return, vs, $1,000/month over the year seeing 6%. What hurts is when the market tanks in the first half of the year and you think DCA would have helped. This is a 'feeling' issue, not a math problem.  But. By the time you have $100K invested, the difference of DCA vs lump sum with new money fades, as new deposits are small compared to the funds invested.  By then, you need to know your target allocation and deposit to keep that allocation with new money.\""}
{"_id": "272488", "title": "", "text": "&gt; The alternative is to do nothing.  No.  Make green energy cost less via improvements to the product rather than tax schemes; energy storage with a greater density than petrochem, better designs for solar to reduce the per mgw cost, cover base load electricity generation with nuclear, etc.  If you make conventional energy artificially expensive to nudge people towards renewables then you open the door to politicians gaining power by promising to reduce energy costs to the consumer via removing those taxes you're advocating for.  If you make green energy cheaper than conventional, then people will switch on their own."}
{"_id": "272513", "title": "", "text": "House rent allowance:7500 House Rent can be tax free to the extent [less of] Medical allowance : 800 Can be tax free, if you provide medical bills. Conveyance Allowance : 1250 Is tax free.  Apart from this, if you invest in any of the tax saving instruments, i.e. Specified Fixed Deposits, NSC, PPF, EPF, Tution Fees, ELSS, Home Loan Principal etc, you can get upto Rs 150,000 deductions. Additional Rs 50,000 if you invest into NPS. If you have a home loan, upto Rs 200,000 in interest can be deducted. So essentially if you invest rightly you need not pay any tax on the current salary, apart from the Rs 200 professional tax deducted."}
{"_id": "272520", "title": "", "text": "\"All investors have ultimately the same investment goal: maximize returns while limiting risk to an acceptable level. Of course we would love to maximize returns while minimizing risk, but in most cases if you want higher returns you must be willing to accept higher levels of risk. We must keep in mind that investors are humans, not computers. As such not everybody is willing to accept the same level of risk. Insurance is simply a way to \"\"buy down\"\" risk. Yes, it reduces our overall gains (most of the time), but so do bonds vs stocks (most of the time). And yet who among us doesn't have bonds in our portfolio? Insurance is yet another way to balance risk and return.\""}
{"_id": "272525", "title": "", "text": "Because retirement account usually are tax effective vehicles - meaning you will pay less tax on any profits from your investments in a retirement account than you would outside. For example, in my country Australia, for someone on say $60,000 per annum, if you make $10,000 profits on your investments that year you will end up paying 34.5% tax (or $3,450) on that $10,000 profits. If you made the same profits in a retirement account (superannuation fund) you would have only paid 15% tax (or $1,500) on the $10,000 profit. That's less than half the tax. And if you are on a higher income the savings would be even greater. The reason why you can't take the money out of a retirement account is purely because the aim is to build up the funds for your retirement, and not take it out at any time you want. You are given the incentive to pay less tax on any investment profits in order for you to save and grow your funds so that you might have a more comfortable retirement (a time when you might not be able to work any more for your money)."}
{"_id": "272547", "title": "", "text": "\"Ok, I think what you're really asking is \"\"how can I benefit from a collapse in the price of gold?\"\"  :-) And that's easy. (The hard part's making that kind of call with money on the line...) The ETF GLD is entirely physical gold sitting in a bank vault. In New York, I believe. You could simply sell it short.  Alternatively, you could buy a put option on it. Even more risky, you could sell a (naked) call option on it. i.e. you receive the option premium up front, and if it expires worthless you keep the money. Of course, if gold goes up, you're on the hook. (Don't do this.)   (the \"\"Don't do this\"\" was added by Chris W. Rea. I agree that selling naked options is best avoided, but I'm not going to tell you what to do. What I should have done was make clear that your potential losses are unlimited when selling naked calls. For example, if you sold a single GLD naked call, and gold went to shoot to $1,000,000/oz, you'd be on the hook for around $10,000,000. An unrealistic example, perhaps, but one that's worth pondering to grasp the risk you'd be exposing yourself to with selling naked calls. -- Patches) Alternative ETFs that work the same, holding physical gold, are IAU and SGOL. With those the gold is stored in London and Switzerland, respectively, if I remember right.  Gold peaked around $1900 and is now back down to the $1500s. So, is the run over, and it's all downhill from here? Or is it a simple retracement, gathering strength to push past $2000? I have no idea.  And I make no recommendations.\""}
{"_id": "272559", "title": "", "text": "Definitely! BitCoin could also alleviate some of the concern that people might have about their identity/payment details being used to track their browsing habits.  If your payment method is anonymous, and you can register with a pseudonym, you can read all the twilight fan-fic you want!"}
{"_id": "272574", "title": "", "text": "Sounds like you are starting an investment club. What you need is an investment club partnership agreement. Have a look at this free document. EDIT Based on OP's comments, it appears that the OP will be acting as an adviser/manager of a private investment fund. If the fund is not open to the public, it may still be treated as a type of investment club, but different rules -- including possibly having to register with the SEC -- may apply (quoted from the first link): If the adviser is compensated for providing the advice regarding the club's investments, the adviser may need to register according to the Investment Advisers Act of 1940. Also, if one person selects investments for the club, that person may have to register as an investment adviser. In general, a person who has $25 million or more in assets under management is required to register with the SEC under the Investment Advisers Act of 1940. A person managing less than $25 million may be required to register under the securities laws of the state or states in which the adviser transacts business."}
{"_id": "272582", "title": "", "text": "Doesn't mean you can't be morally opposed to the conditions of the animal treatment without it being due to Media sway.    And it also doesn't mean that just because the media hypes up a viewpoint that there aren't justified reasons to agree with that viewpoint.   How else do we hear about information from several states away? Not everyone has friends and family everywhere or who has gone to everything."}
{"_id": "272585", "title": "", "text": "&gt;Why not give extra tax breaks for the sale of stock purchased during a public offering (since that goes to helping the company) but not for secondhand (less necessary) trading  Because secondary trading determines how easy it is for companies to raise additional money and it also allows the company to manipulate private vs publicly held stakes in their company.  &gt;Should we give big tax breaks to people who lend businesses money?  There's a difference between lending money and investing in a corporation. Furthermore the income tax code when it comes to lending money via bonds is a complete mess. Corporate bond coupons are taxed like regular income (although the principal return is, of course, tax free). Federal and munis are taxed differently. There is also the advantage that you do get a tax break in the event of default, so any additional risk you take on has some marginal tax benefits."}
{"_id": "272588", "title": "", "text": "Ya I decided to keep Instagram as closer friends only. Keep it quite clean since my Facebook is already so out of control it's impossible to totally repair it. I mean have unfollowed hundreds of people but it's still a chore."}
{"_id": "272590", "title": "", "text": "I need to see the policy you are referring to give a more accurate answer. However what could be happening, it\u2019s again the way these instruments are structured; For example if the insurance premium is say 11,000 of which 1000 is toward expenses and Term insurance amount. The Balance 10,000 is invested in growth. The promise is that this will grow max of 9.5% and never below zero. IE say if we are talking only about a year, you can get anything between 10,000 to 10,950.  The S & P long-term average return is in the range of 12 -15% [i don't remember correctly] So the company by capping it at 9.5% is on average basis making a profit of 2.5% to 5.5%. IE in a good year say the S & P return is around 18%, the company has pocketed close to 9% more money;   On a bad year say the Index gave a -ve return of say 5% ... The Insurance company would take this loss out of the good years. If say when your policy at the S & P for that year has given poor returns, you would automatically get less returns.  Typically one enters into Life Insurance on a long term horizon and hence the long term averages should be used as a better reference, and going by that, one would make more money just by investing this in an Index directly. As you whether you want to invest in such a scheme, should be your judgment, in my opinion I prefer to stay away from things that are not transparent."}
{"_id": "272600", "title": "", "text": "If flying business of first class allows your employee to be more productive, first class or business class is worth it. Small peas compared to the person losing a day\u2019s work due to fatigue. The ticket is worth, what, an extra $1000? A day\u2019s work for an executive is worth easily double that. And if you are flying multiple times a week on a regular basis, the extra comfort is well worth the cost."}
{"_id": "272622", "title": "", "text": "I think it's just stratified. Most TV has always been lowest common denominator shit. Soap operas are only marginally better than reality TV. But now there are some channels that cater to only the lowest of the low.   Also, I think Jersey Shore type stuff is more about looking down at the stupid Guidos than anything else. You aren't supposed to view them as protagonists. You are supposed to look down at them for being so trashy.   The people who constantly trash the show Jesery Shore are basically doing the same thing viewers are. Getting entertainment by looking down at people for being trashy."}
{"_id": "272634", "title": "", "text": "\"The advantage of using a mortgage is that you pay for a house at TODAY's price, using TOMORROW's money. Your question suggests that you rightly observed that it was not a good idea around 2006 (the last peak in housing). That was when prices were at their maximum, and had nowhere to go but down. Some experts think that house prices STILL have further to go on the downside. Meanwhile, wages have been going nowhere during that time. This phenomenon seems to happen about every 40 years or so, the 1930s, the 1970s, and around 2010. At MOST other times, say the 1980s, houses are likely to go up for the \"\"foreseeable\"\" future. At those times, you want to buy the house at \"\"today's\"\" price, then pay for it in future dollars when you are earning more money. The irony is that what most people observe as teenagers is usually the wrong thing to do when they are, say, forty. In 2035, it will probably make sense to have a large mortgage in a bull housing market, which is the opposite of what you observed around 2010. So a better rule is to do at age 40 what made sense about the time you were born (in your case, perhaps the 1990s). Whereas the people born in the early 1970s that got \"\"caught\"\" recently, observed the bull market of the 1980s and 1990s in THEIR teens and twenties, rather than the bear market of the 1970s that took place about the time they were born.\""}
{"_id": "272636", "title": "", "text": "Our company provides the best services for electronic products. We sell the online products. Such as Power bank, USB flash, and other products. There are power banks for mobile phones online progress factory that will make sure your device never runs out of battery. A lot of is loaded with a lot of mobile applications that are powered by efficient processors for fast operations. If you want to power bank, then you can visit our website. Many types of Power Bank are available on the site and backup of the mobile battery.These high performing mobile devices consume a lot of energy provided by the battery, hence the need for this reliable mobile accessory to boost the battery so as to enjoy the various features available on them. Buy power banks that will ensure you never run out of power even when on long road trips and flight."}
{"_id": "272639", "title": "", "text": "&gt; Destabilize your direct and indirect rivals/enemies and support governments sympathetic to the us.  destabilizing Iran was for the benefit of a British oil company - who wanted their oil.  destabilizing Guatemala was for the benefit on an American fruit company - who wanted their bananas.  why buy, when you can install US-puppets and get it for free ? /s"}
{"_id": "272649", "title": "", "text": "There's really no general rule of thumb. There are a lot of factors that go into that decision.   It highly depends on the type of business, your financials and business strategy.   It's a double edged sword because retained earnings lose the potential to provide a higher return. While being cash poor can easily kill a company.  It sounds like you're experiencing significant growth. If there is high market potential and expansion prospects, a safe bet is to keep about 3 months of operating costs accessible while leveraging a bank loan to fund the growth.  That's the best answer I can provide without having any information."}
{"_id": "272650", "title": "", "text": "Does the op feel criminals should not be punished ...and in fact, should they have their every whim catered to; ensuring maximum comfort, convenience, and entertainment?   If convicted criminals should spend time behind bars; who should pay for it. You? Me? or the criminal?"}
{"_id": "272664", "title": "", "text": "\"I agree with JoeTaxpayer's answer.  The question you should be asking is not \"\"how do I spend more\"\" but \"\"how do I become happier\"\".  From what you say, it may be that you could increase your happiness simply by cutting back on these aggressive attempts to save a few bucks here and there. At the same time, if you do this, on some level your personality is probably not the type that would allow to simply \"\"forget it\"\".  I think many frugal people are somewhat as you describe: they don't like wasting money.  In such cases, often what matters is not so much the actual saving money as the feeling of saving money.  Therefore, I'd suggest that you take a look at which of the \"\"money-losing\"\" activities you mention are really worth it. The easiest ones to drop would be things like the home-improvement project, which even you acknowledge does not save you money.  If you like saving money, give yourself a pat on the back when you hire the contractor.  If you want, run the numbers so you can \"\"prove\"\" to yourself how much money you are saving by not doing the work. For some of the other things, it may be that spending time to save a small amount can \"\"gamify\"\" an everyday experience and make it more interesting.  For instance, comparing products to save a few bucks is not necessarily bad unless you actually don't like doing it.  If spending a few hours comparing two toaster ovens on Amazon or whatever makes you feel good, go for it; it's no worse than spending a few hours watching TV.  By acknowledging that you get something out of it --- the feeling of getting a bargain --- and savoring that, you can feel better about, and also potentially \"\"get it out of your system\"\" so that you won't feel the need to do it for every little thing.  We all have our little pet obsessions, and it's possible to acknowledge that they're irrational, while still accepting them as part of your personality, and finding a way to satisfy them in a controlled manner that doesn't stress you out too much.\""}
{"_id": "272669", "title": "", "text": "You can reduce your capital gains taxes in two ways (USA), off the top of my head:"}
{"_id": "272693", "title": "", "text": "He would spend it into the economy that is accepting his dollars. As an example, the apple maker might borrow $100 with $10 interest for the deer shank, then later on get the $100 back from the deer hunter in trade for 150 apples, and then pay this $100 to the banker. Now the apple maker still needs $10 to pay off his loan. The banker says he'll trade his $10 in interest profit for 15 apples, now the apple maker can resolve his debt without further borrowing.  The difference between spending interest earnings and issuing a loan is that when the banker is spending, they are getting something for their own use, when they are issuing the loan, they aren't getting anything but the promise to repay that loan."}
{"_id": "272695", "title": "", "text": "Stockpile?  No. Keep a few around?  Sure, if you are a collector.  I used to collect pennies and I thought the steel pennies from WWII were neat.  I do believe I paid about $0.01 for them at the coin shop.  They might be worth $0.15 if in great condition today. No harm in finding $20 worth of really nice nickels, maybe in chronological order and from the different mints.  Put them in a collector case so they stay nice and chuck them in your fireproof safe with your house deed and insurance policies. But I don't think you are going to hit it particularly big, but it might be a nice thing to pass along as an inheritance."}
{"_id": "272709", "title": "", "text": "Most items used in business have to be depreciated; you get to deduct a small fraction of the cost each year depending on the lifetime of the item as per IRS rules. That is, you cannot assume a one-year life for an electronic item  even if it will be obsolete in three months.  Some items can be expensed; you get to deduct the entire cost in the first year but then if you don't stay in business, e.g. you get a job paying wages and are no longer self-employed, you have to recapture this and pay taxes on the amount recaptured in the later year.  With respect to consumer-type electronics such as an iPad or laptop, it helps to have a separate  item for personal use that you can show in case of an audit."}
{"_id": "272716", "title": "", "text": "\"I don't think five guys qualify as fast casual at all, especially when compared to Panera, Chipotle, the Counter, Smashburger, Burgerville, Flip Burger, Peu Wei, etc.   Part of fast casual is having a more sophisticated dining atmosphere, which is shorthand for, \"\"Would a yuppie feel ok eating here?\"\"\""}
{"_id": "272722", "title": "", "text": "Assuming that blocks, dark liquidity, and auctions aren't available, one of the biggest things that equity traders also have going for them is the availability of different execution venues, as well as the aforementioned ability to strategically time execution/child order placement based on the state of the order book at any given time.  A security with a NYSE primary listing (BAC or IBM for example) will be traded on several exchanges/ECNs - Nasdaq, NYSE Arca, the various Bats exchanges - and that in itself opens up a lot of opportunity to spread out an order.  As an alternative to simply going through several price levels on a single exchange, you can also route out multiple orders simultaneously to different exchanges to scoop up liquidity.  All of that being said, I think it should be noted that you really can't exclude the execution methods that you mentioned in your original question.  Any large institutional investor looking to trade in size will only get so far with trading on lit venues especially in the US equity marketplace.  Taking advantage of block liquidity/IOIs or floating part or all of an order in a dark pool is a good way to mask intentions and minimize market impact.  If you're part of a beta/index tracking strategy, you actually need to leverage auctions (index rebalances, like the MSCI, Russell, S&amp;P all have a ton of participants executing market on close orders to account for adds/deletes/reweights).    Overall, the buy side is becoming increasingly sophisticated when it comes to advanced execution, and it has been interesting to see how fintech companies, brokers, and exchanges have been feeding into the innovation."}
{"_id": "272738", "title": "", "text": "Wealth Generators Reviews which are putting allegations upon this company by calling it as a scam or web of MLM concept should at first go through the company's profile and understand the true vision and the products of the companies. Wealth Generators has interesting products to help the people earn money with the help of expert trading and stock market tips and advice. Wealth Generators is not a typical MLM tonic which will make you rich overnight. It is a place for strategy seekers and the persons who are really willing to make more money through their hard earned capital. The company specializes in stock market trading and to promote the awareness of trading, it is using some MLM type concept so that the maximum people get benefited after availing the subscription program of the newsletters and financial management tools which have been designed and developed by the veterans of the financial market and the trading experts.  Wealth Generators Reviews mentioned by some trade persons who have suffered loss due to adopting the improper strategy and not following the guidelines as described in the materials of the company are deviating some people from participating in wealth generation programs being offered by this company. We would like to make you clear that Wealth Generators is not demanding your money. It is just only charging you on the behalf of the guidance services provided to you to let you have a good income while trading in the global fluctuating market scenario. We at Wealth Generators offer learning subscription packages in a reasonable charge."}
{"_id": "272749", "title": "", "text": "Is there any chance of losing money in the account  Assuming you are a Singapore citizen. The money is your's to claim. Note the account may go dormant [if you do not transact for a period] as per Bank's norms and they may charge a fees for such accounts."}
{"_id": "272754", "title": "", "text": "The Margin Account holds the funds that are MUST for any margin trades. Any funds excess of the MUST for margin trades are kept in the SMA account. These funds can be used for further Margin trades in new securities [funds get transfered into the Margin Account]. They cannot be used to met the Shortfall due to margin calls on existing trades. New funds need to be arranged. More at http://en.wikipedia.org/wiki/Special_memorandum_account"}
{"_id": "272755", "title": "", "text": "I am also from Malaysia and I just purchase a property around Klang Valley area. Property market is just like share market. You will never know when is the highest peak point and when is the lowest peak point. Yes. Not only you, but everyone of us. What I would say that, just buy according to your need and your financial status.  If you feel that you need a comfortable place to stay rather than renting a room, and buying that property will not burden your financial status too much, why not go for it? The best time to purchase property is perhaps last year when world economic is down turn. But thing is over and can never go back. Since all of us don't have a crystal ball to tell the future, why not just act according to your heart and common sense (Buy according to need) ;)"}
{"_id": "272764", "title": "", "text": "\"&gt;&gt; So, are you against Trump? Yes or no? &gt; Yes, I think you would categorize me as against him but I don't think I'm against him but against the things I see him doing things that I do not think will make life better for the average American.  So you are anti-Trump because what he does, and so far, when I asked for an example, the BEST you can find is this very gray topic of Medicare Part-D?  And you get this Medicare \"\"issue\"\" from Vox whom you, yourself, say \"\"Vox does spin things left\"\".  And Medicare Part-D issue was not dealt at all by Obama in 8 years, am I right?  Ok!!!! Please find me something significant that Trump did that you don't like. If you can't find anything, then I ask to read about the topic of Tribalism: the sense that you must belong to one camp because everything is black or white.  Look!!! I am even saying that Trump is not an ideal leader. I am 100% sure that he will do things I don't like. I also never liked his opinions about abortions and coal. There! You see?   **But by far, Trump is much better than almost all Democrats, and even many many in the GOP. So I voted for him, first time in my life that I voted for a Republican! And I support him, not because he does everything exactly to my liking, but because he's a good president, better than all the rest, and he does a good job.**\""}
{"_id": "272784", "title": "", "text": "Preferred stocks are, err... Preferred. The whole point of preferred stocks is that they have some preference over other classes of stocks (there may be more than 2, by the way). It can be more voting rights, more dividends or priority on dividends' distribution (common with VC investments), or priority on liquidations (in bankruptcy, preferred stock holders are ranked higher than common). Many times initial or critical investments are made on preferred terms, and the stocks are converted to common when certain thresholds are met. Obviously all these benefits require a premium on the price."}
{"_id": "272789", "title": "", "text": "For reporting purposes, most IRA firms prefer that you roll the 401(k) funds into a Rollover or Traditional IRA and then convert to the ROTH from there. The mid-air conversions (401(k) directly into a ROTH) can get tricky when you go to do your taxes the following year if the 1099 form from the releasing custodian and the 5498 form from the accepting custodian have different numbers due to the conversion amount and taxes withheld if any."}
{"_id": "272790", "title": "", "text": "\"In a cap-weighted fund, the fund itself isn't buying or selling at all (except to support redemptions or purchases of the fund). As the value of a stock in the index goes up, then its value in the fund goes up naturally. This is the advantage of a cap-weighted fund, that it doesn't have to trade (buy and sell), it just sits on the stocks. That makes a cap-weighted fund inexpensive (low trading costs) and tax-efficient (doesn't trigger capital gains due to sales). The buying high and selling low referred to by \"\"fundamental indexation\"\" advocates like Wisdom Tree is buying high and selling low on the part of the investor. That is, when you purchase the market-cap-weighted fund, at that time that you purchase, you will spend more on the higher-priced stocks, just because they account for more of the value of the fund, and less money goes to the cheaper stocks which account for less of the value of the fund. In the prospectus for a fund they should tell you which index they use, and if the prospectus doesn't describe the weighting of the index, you could do a web search for the index name and find out how that index is constructed. A market-cap-weighted fund is the standard kind of weighting which is what you get if you buy the stocks in the index and then hold them without buying or selling. Most of the famous indexes (e.g. S&P500) are cap-weighted, with the notable exception of the Dow Jones Industrial Average which is \"\"price-weighted\"\" http://en.wikipedia.org/wiki/Price-weighted_index. Price-weighting is just an archaic tradition, not something one would use for a new index design today. A fund weighted by \"\"fundamentals\"\" or equal-weighted, rather than cap-weighted, is effectively doing a kind of rebalancing, selling what's gone up to buy more of what's gone down. Rather than buying an exotic fund, you could get a similar effect by buying a balanced fund (one that mixes stocks and bonds). Then when stocks go up, your fund would sell them and buy bonds, and the fund would sell the most of the highest-market-cap stocks that make up more of the index. And vice versa of course. But the fundamental-weighted funds are fine, the more important considerations include your stocks vs. bonds percentages (asset allocation) and whether you make irrational trades instead of sticking to a plan.\""}
{"_id": "272792", "title": "", "text": "Think of it like professional athlete salaries.  For every 10,000 people with talent and drive there is one that makes it into the NFL with a multi-million dollar salary.  Likewise there are thousands of people with banking related degrees working 80-100 hours a week for shit wages with the hope that they'll make the cut and eventually hit it big with some sweet super high paying job someday."}
{"_id": "272796", "title": "", "text": "&gt; Questioning a speaker\u2019s motives is not only not a fallacy, it is a sign of healthy debate.  She's only saying that because her only rhetoric is to attack the motives of the VCs:)  See, I simply don't follow.  I don't have anything like her background in formal logic, but it seems to me that the truth of a statement remains whether it benefits the speaker or not.  The health benefits of spinach remain the same whether a neutral scientist says so or a spinach marketing pamphlet says so.  Certainly we might be sceptical of the spinach marketing board, but if it turns out their opinions follow from verifiable facts then their motives don't enter into it."}
{"_id": "272797", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-15/solar-power-will-kill-coal-sooner-than-you-think) reduced by 86%. (I'm a bot) ***** &gt; Natural gas will reap $804 billion, bringing 16 percent more generation capacity and making the fuel central to balancing a grid that&amp;#039;s increasingly dependent on power flowing from intermittent sources, like wind and solar.  &gt; Onshore wind, which has dropped 30 percent in price in the past eight years, will fall another 47 percent by the end of BNEF&amp;#039;s forecast horizon.  &gt; By 2040, wind and solar will make up almost half of the world&amp;#039;s installed generation capacity, up from just 12 percent now, and account for 34 percent of all the power generated, compared with 5 percent at the moment, BNEF concluded.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hwl1b/solar_power_will_kill_coal_faster_than_you_think/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146897 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **Energy**^#2 **capacity**^#3 **fuel**^#4 **BNEF**^#5\""}
{"_id": "272798", "title": "", "text": "I could be wrong, but I doubt you're going to be able to roll the current mortgage into a new one. The problem is that the bank is going to require that the new loan is fully collateralized by the new house.  So the only way that you can ensure that is if you can construct the house cheaply enough that the difference between the construction cost and the end market value is enough to cover the current loan AND keep the loan-to-value (LTV) low enough that the bank is secured. So say you currently owe $40k on your mortgage, and you want to build a house that will be worth $200k. In order to avoid PMI, you're going to have to have an LTV of 80% or less, which means that you can spend no more than $160k to build the house.  If you want to roll the existing loan in, now you have to build for less than $120k, and there's no way that you can build a $200k house for $120k unless you live in an area with very high land value and hire the builders directly (and even then it may not be possible). Otherwise you're going to have to make up the difference in cash. When you tear down a house, you are essentially throwing away the value of the house - when you have a mortgage on the house, you throw away that value plus you still owe the money, which is a difficult hole to climb out of. A better solution might be to try and sell the house as-is, perhaps to someone else who can tear down the house and rebuild with cash. If that is not a viable option (or you don't want to move) then you might consider a home equity loan to renovate parts of the house, provided that they increase the market value enough to justify the cost (e.g. modernize the kitchen, add on a room, remodel bathrooms, etc. So it all depends on what the house is worth today as-is, how much it will cost you to rebuild, and what the value of the new house will be."}
{"_id": "272807", "title": "", "text": "While you can print that on the check, it isn't considered legally binding. If you are concerned about a check not being deposited in a timely manner, consider purchasing a cashier's check instead. This doesn't solve the problem per se, but it transfers responsibility of tracking that check from you to the bank."}
{"_id": "272820", "title": "", "text": "\"In the UK, I could start my own business - either as a self-employed person, or by starting a company. With a company, the company might have \u00a350,000 income, \u00a35,000 cost, and pay me a \u00a345,000 salary. In that case the company has no profit and pays no taxes, but I personally pay income tax. Or I could pay myself any salary I like, say \u00a320,000 salary, so I pay tax on \u00a325,000 profit and \u00a320,000 salary. The state actually gets less money in total if I set my salary so the company makes a profit.  If I'm self employed, income minus cost is my profit and I pay taxes on that. If I don't make profit, I pay no tax. Unfortunately, I also wouldn't have any money to buy food, pay the rent, and so on and so on. I'd have the same income and pay the same taxes as someone who is unemployed.  There are \"\"businesses\"\" that are just run for the enjoyment of the owner and don't make profit. Rich guy buys a farm and starts breeding race horses, that kind of thing. In that case, there is zero difference between a guy breeding race horses and calling it a \"\"business\"\" and another guy breeding race horses and calling it a hobby. Neither makes money and neither pays taxes.\""}
{"_id": "272840", "title": "", "text": "Without making specific recommendations, it is worthwhile to point out the differing tax treatments for a Roth IRA: investments in a Roth IRA will not be taxed when you withdraw them during retirement (unless they change the law on that or something crazy). So if you are thinking about investing in some areas with high risk and high potential reward (e.g. emerging market stocks) then the Roth IRA might be the place to do it. That way, if the investment works out, you have more money in the account that won't ever be taxed. We can talk about the possible risks of certain kinds of investments, but this is not an appropriate forum to recommend for or against them specifically. Healthcare stocks are subject to political risk in the current regulatory climate. BRICs are subject to political risks regarding the political and business climate in the relevant nations, and the growth of their economies need not correspond with growth in the companies you hold in your portfolio. Energy stocks are subject to the world economic climate and demand for oil, unless you're talking alternative-energy stocks, which are subject to political risk regarding their subsidies and technological risk regarding whether or not their technologies pan out. It is worth pointing out that any ETF you invest in will have a prospectus, and that prospectus will contain a section discussing the risks which could affect your investment. Read it before investing! :)"}
{"_id": "272844", "title": "", "text": "\"An ideal option for you would be to use as many or as few as you choose, but have all of them available to you. The service desk guy told you you can do exactly that. Problem, though: you have no proof that a representative of the company told you that. Get proof. Recording, written statement, whatever. If writing a letter, make it clear you expect a response. The time you spend \"\"being a good guy\"\" is not free, you should get something for it. No idea how to go about that - mentioning the service desk guy in a letter might give him trouble. Maybe suggest that you could allow your image to be used in a short advertising campaign, as thanks. But whatever you do get, enjoy it. Consequences? Any number of things can happen, from lifetime free meals to court cases, negative points and being banned, regardless of who is right, legally or morally. Someone in Management there might still choose to burden you with responsibility even if their own CEO declared you a saint and lifetime customer of honor. But you might never get to that bridge. For now, get proof, and use what points you know are yours anyway.\""}
{"_id": "272851", "title": "", "text": "No, absolutely not.  Income tax rates are marginal.  The tax bracket's higher tax rate only applies to extra dollars over the threshold, not to dollars below it.  The normal income tax does not have any cliffs where one extra dollar of income will cost more than one dollar in extra taxes. Moreover, you are ignoring the personal exemption and standard deduction.  A gross salary of $72,000 is not the same as taxable income of $72,000.  The deduction will generally be $12,200 and the exemptions will be $3,900 for you, your spouse, and any kids.  So married-filing-jointly with the standard deduction will get an automatic $20,000 off of adjusted gross income when counting taxable income.  So the appropriate taxable income is actually going to be more like $52,000. Note that getting your compensation package reshuffled may result in different tax treatment.  But simply taking a smaller salary (rather than taking some compensation as stock options, health insurance, or fringe benefits), is not a money-saving move.  Never do it."}
{"_id": "272862", "title": "", "text": "It depends greatly from place to place, but nothing beats the Internet reviews' research. If you can't find anything digging slightly deeper than the impressive home page, then you probably should be worried. As it seems that you are. Specifically, I do these: @JohnFX mentions a valid point: check for physical presence. Check that the office address is a real office and not a PO box or residential; call the number and see who answers it (if you call several times during different hours and the same person answers - that's probably a one-man operation). But that doesn't always help because short-term renting an office is not all that hard and getting a call-centre outsourced to a third-world country doesn't cost all that much. It definitely helps if you're dealing with someone local, but if you're in Sweden and checking out a suspicious operation in Cyprus - this is definitely not enough."}
{"_id": "272866", "title": "", "text": "I recently paid off a line of credit on an investment property that I own.  I had some surplus cash and decided to pay off the line of credit rather than to make a principal payment on the primary mortgage with a higher interest rate.  The interest rate on the line of credit was tiny and the balance was also pretty low. My reasoning was that by paying off the line of credit I would be done with that account and would have one less bill to pay each month, one less risk of something going wrong and a late payment hurting my credit, one less statement to reconcile each month, and one less bookkeeping core to manage.  I could have grown my net worth by few couple of dollars each month had I kept the line of credit and made a principal payment on the primary loan. I judged that it wasn't worth the hassle and risks."}
{"_id": "272872", "title": "", "text": "Try a gym for a month before you sign up on any contracts.  This will also give you time to figure out if you are the type who can stick with a schedule to workout on regular basis.  Community centres are cost effective and offer pretty good facilities.  They have monthly plans as well so no long term committments."}
{"_id": "272875", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_557266/lang--en/index.htm) reduced by 84%. (I'm a bot) ***** &gt; The report, World Employment and Social Outlook Trends for Women 2017, estimates that if this goal was realized at the global level, it has the potential to add US$ 5.8 trillion dollars to the global economy.  &gt; Gender gap in labour force participation and potential impact of closing these gaps Promoting women&amp;#039;s well-being On top of the significant economic benefits, engaging more women in the world of work would have a positive impact on their well-being since most women would like to work.  &gt; &amp;quot;We need to start by changing our attitudes towards the role of women in the world of work and in society. Far too often some members of society still fall back on the excuse that it is&amp;quot;unacceptable&amp;quot; for a woman to have a paid job,&amp;quot; said Steven Tobin, lead author of the report.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hddjv/world_employment_and_social_outlook_ilo_trends/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~144729 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Women**^#1 **work**^#2 **cent**^#3 **per**^#4 **men**^#5\""}
{"_id": "272890", "title": "", "text": "The answer to your question is no. Your credit rating is the way creditors let each other know whether you are in a good position and have a strong tendency to repay your debts, not whether you are an easy target for making money on interest and penalties associated with failing to repay debts in full.  The fact that you make your payments on time will definitely not lower your credit rating. While the banks are not making as much money on you as they would if you carried a balance, they are also not spending a lot of money on you, nor losing a lot of money on people like you failing to repay debts.  The transactions charged to the retailers cover the costs of operating your card and then a little bit.  That is enough to make you worth keeping as a customer.  They are happy with your arrangement. The formula for credit rating computation is proprietary, but we know what the factors are overall.  Making payments on time consistently is a positive, not a negative factor.  However, they do look at the number of cards and overall mix of cards and other types of debt.  For example, if you have a very large amount of credit capacity in your cards and no mortgage, that could possibly be a negative.  If you have opened some of those accounts recently, it could be a negative.  If you have a larger number credit cards than they think is good, that could be a negative. There are other things as well that could be bringing your score down.  Probably worth it to take a look. If you want to get an idea of what factors are adding positively and negatively to your credit score, I'd encourage you to visit CreditKarma.com, Quizzle.com, or another source intended to help you understand and improve your credit rating."}
{"_id": "272909", "title": "", "text": "I am a realtor and work for Rausch Coleman and can answer this question for you. We are a production builder. We build in communities with typically 5-9 Floorplan options per community and a select set of option and finishes that we offer. Because of the set options, we buy the materials in bulk and are able to receive cost savings on that from our suppliers which we can pass on to you. We use the same trades consistently through out our division which means they have our plans and process down to a science. They know the product, which means less likely to make mistakes and less likely to miss things. Our heart is affordability in that we understand that not everyone can afford granite, gas, hardwood floors, etc. so we allow you to be able to customize your monthly payment, and that you are not financing something you may not want or need or to allow you to get in to a home you may not be able to afford otherwise. We work a lot with the first time buyer and we want to provide the best quality for the best value. We start our homes at a base model and allow you to customize the way you want (adding granite, gas, hardwoods, fireplace, etc.) and in doing that we allow you to choose whether you want to pay $90 or $101 per square foot or whatever that may be. I can tell you in Northwest Arkansas we are the best value and the quality shows. I pull comps consistently and in fact have another builder in the same community as I sell in. Our homes in this community for single stories is about $88-$95 and two story homes are on average $78-$86.  Two stories are more cost efficient in that the square footage goes up and not out so there is less concrete, which is one of the most expensive parts of the homebuilding process. This other builder consistently sells their homes for $101-$105 per square foot, and uses the exact same materials we do. The difference? Yes granite and hardwoods and gas and custom cabinets come standard, you have no choice in that. Would you rather have the option for a lower priced home if you didn't want granite? Or if you'd rather have carpet? We build in 5 different markets over 4 states and are in our 61st year of business. I'd love to meet with you and can walk you through a community and show you our homes (at all stages of construction) where you can see the product and quality in our homes. I am in our Dixieland Crossing community here in Northwest Arkansas. You can check out our website for other information at www.rauschcoleman.com"}
{"_id": "272914", "title": "", "text": "There's more to this tax than meets the eye. California, along with countless other states, issued municipal bonds backed by tobacco taxes/tobacco sales/tobacco judgments. Over time states become dependent on the revenues, and enjoy the ability to raise taxes then get the cash immediately by issuing bonds to bring all those future cash flows to the present.  There's a big problem, though; smokers are quitting. Here's an article by [HuffPo on the topic](http://www.huffingtonpost.com/2012/02/20/tobacco-sales-california_n_1289514.html).  tl;dr: Politicians spent money from tobacco on other purposes, so now they want to tax smokers more because the state government projected more revenues than they're currently receiving."}
{"_id": "272929", "title": "", "text": "I don't know why a financial investor or a retail trader would do this. But I can guess why a market maker in options would do this. Let us say you buy an option from an option market maker and the market maker sold the option to you. He made a small profit in the bid-ask spread but now he is holding a short position in the option with unlimited risk exposure. So to protect himself, he will take an offsetting position in the underlying and become delta neutral, so that his position is not affected by the moves in the underlying. In the end, he can do this because he is not in the market to make money by betting on direction, unlike the rest of us poor mortals. He is making money from the bid-ask spread. So to ensure that his profits are not eroded by an adverse move in the underlying, he will continuously seek to be delta neutral. But once again, this is for a market maker. For market takers like us, I still don't understand why we would need to delta hedge."}
{"_id": "272940", "title": "", "text": "\"You are pushing your luck, but not because you're not in the US, because it is likely that you're not qualified. From what you said, I doubt you can take it (I'm not a professional though, get a professional opinion). You say \"\"dedicated space\"\". It has to be an exclusive room. You cannot deduct 10 sq. ft. from your living room because your computer that is used wholly for your business is there. It has to be a room that is used exclusively for your business, and for your business only. I.e.: nothing not related to the business is there, and when you're there the only thing you do is working on your business. Your office doesn't have to be in the US necessarily, to the best of my knowledge. Your office must be in your home. If you take primary residence exclusion as part of your FEI, then I doubt you can deduct as well.\""}
{"_id": "272944", "title": "", "text": "\"Although there are occasional cases where simply moving money between countries results in a tax liability - for example a \"\"non-domiciled\"\" UK resident using the \"\"remittance basis\"\" - this is not the case in your situation. In general it would be extremely rare for non-residents of a country to be taxed on bringing money into that country, as it would be bad for tourism which most countries want to encourage. The requirement to declare large sums of money on entry is primarily so that the authorities can detect money laundering, rather than tax. Note that you will have to pay US tax on any interest you earn on that US bank account.\""}
{"_id": "272987", "title": "", "text": "If I were you I would educate myself better on the ins and outs of employment law. Apparently not knowing all the details has already cost you substantial amount of money.  [http://www.nolo.com/legal-encyclopedia/unemployment-benefits-contesting-employees-claim-30348.html](http://www.nolo.com/legal-encyclopedia/unemployment-benefits-contesting-employees-claim-30348.html)  Of course the details can vary quite a bit by jurisdiction. Please consider consulting with an attorney who specializes in employment law who can help you protect yourself in the future."}
{"_id": "272988", "title": "", "text": "The tax rates are correct numbers 24.7% for top 1% and ~30% (averaged) for bottom 80%.  If you can't see the disparity issue; then, not much further I can do.    I guess see you on the other side.  Until then, enjoy life."}
{"_id": "272997", "title": "", "text": "It makes sense that a credit score is a history of how you have handled monetary commitments. It allows the employer another method of evaluating you. Whether it provides useful information to the employer is another question. It may give them an idea of if you make risky decisions, take on too much at one time, or if you are able to repay on time. From my recent job search as a recent college graduate, this was not normal.  As far as I'm aware it is legal, but you do have to give consent."}
{"_id": "273047", "title": "", "text": "It's a phrase that has no meaning out of context.  When I go to Las Vegas (I don't go, but if I did) I would treat what I took as money I plan to lose.  When I trade stock options and buy puts or calls, I view it as a calculated risk, with a far greater than zero chance of having the trade show zero in time.  A single company has a chance of going bankrupt. A mix of stocks has risk, the S&P was at less than half its high in the 2008 crash. The money I had in the S&P was not money I could afford to lose, but I could afford to wait it out. There's a difference. We're not back at the highs, but we're close.  By the way, there are many people who would not sleep knowing that their statement shows a 50% loss from a prior high point. Those people should be in a mix more suited to their risk tolerance."}
{"_id": "273071", "title": "", "text": "Mint has worked fairly well for tracking budgets and expenses, but I use GnuCash to plug in the holes. It offers MSFT$ like registers; the ability to track cash expenses, assets, and liabilities; and the option to track individual investment transactions. I also use GnuCash reports for my taxes since it gives a clearer picture of my finances than Mint does."}
{"_id": "273077", "title": "", "text": "I haven't been following this crisis at all, so I know nothing about this, but I understand why the value of the Euro would shoot up as a result of Greece/Italy/Portugal leaving. But why would the Germans not want this? Is it because Germany is a leading exporter and it would increase the costs of exports from the country? Or could you expand on that for me? thanks"}
{"_id": "273084", "title": "", "text": "Child care expenses aren't exactly deductible without the FSA, but if you can't use the FSA and end up paying them with after tax dollars, you can use these expenses to qualify for the Child and Dependent Care Tax Credit, which, depending on your circumstances, could save you more money than the FSA would have saved you."}
{"_id": "273095", "title": "", "text": "I'm going to suggest a slightly different approach. Most answers seem to suggest paying off the lower rate card to clear it. Some answers / comments also talk about emergency funds. One risk of paying off a card is that the card issuer may choose to reduce your credit limit if they see you as high risk, to prevent you re-spending the money. If you don't trust yourself with the card then this could be a good thing (and remember you're always free to ask for a limit decrease). But if you want access to emergency funds, then I would suggest paying half onto each card. That way if one card cuts you off, you have a chance of still having access to the other in an emergency."}
{"_id": "273101", "title": "", "text": "\"To quote a comedian:  \"\"You don't have to be a helicopter pilot or engineer to know there is a problem when the engine is on fire.\"\"  There is no need to appeal to authority.  We can very often get so caught up in the myriad details of our subject matter that we fail to step back and see the situation from another point of view.  We then become entrenched in our ideology, and overly defensive when others bring criticisms.  You have become overly entrenched in your Republican ideology.  Your economic theories have left you lacking an understanding of value beyond what can be translated into financial gain.  Actors spend their lives learning to replicate life.  They gain a better understanding of suffering and joy, the \"\"intangibles\"\" in the economic field.  Thus, that is where their criticisms often come from.  You can expect each person to bring criticisms and insights from their field.  My field contains logic, critical thinking, and taking things a literally and parsed as possible, because computers only do EXACTLY what you tell them.  So you will see that my criticisms are often about improper logic, or false conclusions based on dependencies or interactions that don't really exist.  How did I disenfranchise myself?  Because I enjoyed comedy?  That doesn't make sense at all.  As for going full retard ( a quote from a comedy, I might add), your argument is flying off the handle based off assumptions that have little relation to reality.  Where was my ass during primaries?  Working offsite at a client's, far from voting machines.  Before then, I was glued to media just as most people were at that time.  I don't see what you obviously adore in Trump.  I see him as a hypocritical bully that talks big, but still represents money.  He has lost more money than most people have earned in their lifetime of hard work, yet he is touted as a great businessman.  He attacks those who criticize him.  Hillary is a two-faced, back stabbing snake who will say anything to get the audience in her favor, and isn't above lying to get her way.  Unfortunately, she is sneakier than Trump.  If I had voted, I would have voted for Trump, just because his methods are much more obvious.  That doesn't mean his methods are better.  Just because you have become so entrenched in Trump's support structure that you fail to see his failings doesn't mean they don't exist.  Just because liberals become so entrenched in hating Trump that they fail to see his good side doesn't mean it doesn't exist either.  But you aren't looking at both sides of the road.  You aren't even trying to.  Instead, you are telling me how my methods are bad because they aren't the same as yours, my opinions are bad because they don't agree with yours, and I am going full retard because you disagree.  You are yet again not verifying a damned thing, and are appealing to authority the whole way.  You aren't thinking for yourself.  You are being led like a sheep by your preferred media.  Every time I have pointed out this shortcoming, you have moved passed it without addressing it.  But verification is the key to solid decision making.  How can I possibly accept your view when you refuse to verify your information before you not only agree with it, but argue it to others?  That's the action of an extremist or \"\"true believer\"\", not someone trying to make sure they know the truth.  Where is your logic and critical thinking?  Bring it back into the game.  Stop arguing with your ego and look for your own inconsistencies before you try to drag issues you see with me into the light.  I have pointed out time and again how my methods are self-consistent, and I've even admitted when I didn't have enough information.  You have never self-analyzed in the course of this discussion.  By inductive reasoning, I feel you may rarely, if ever, self-analyze.  Clean up your logic before you try to clean up mine, please.\""}
{"_id": "273130", "title": "", "text": "\"Right now, I think Tesla is scared of being wounded by being too successful. If the Model 3 is as popular as I think it will be, and they can't crank them out fast enough, there's going to be a constant barrage of negative publicity. I guess they now see anything that can mitigate demand to a more reasonable level as a good thing. Talking about ditching the tax credits is easy when you're on top, but a few years ago, it was hard to get a straight price out of them on how much the cars actually cost, because of all the weasel math. The price they preferred to tell you was minus the tax credit(s) and even incorporated savings from not buying gasoline factored in. \"\"Yeah, that's all good and well, but how much does it actually cost?\"\"\""}
{"_id": "273142", "title": "", "text": "\"I would think that a lot of brokers would put the restriction suggested in @homer150mw in place or something more restrictive, so that's the first line of answer. If you did get assigned on your short option, then (I think) the T+3 settlement rules would matter for you.  Basically you have 3 days to deliver.  You'll get a note from your broker demanding that you provide the stock and probably threatening to liquidate assets in your account to cover their costs if you don't comply.  If you still have the long-leg of the calendar spread then you can obtain the stock by exercising your long call, or, if you have sufficient funds available, you can just buy the stock and keep your long call.  (If you're planning to exercise the long call to cover the position, then you need to check with your broker to see how quickly the stock so-obtained will get credited to your account since it also has some settlement timeline.  It's possible that you may not be able to get the stock quickly enough, especially if you act on day 3.) Note that this is why you must buy the call with the far date.  It is your \"\"insurance\"\" against a big move against you and getting assigned on your short call at a price that you cannot cover. With the IRA, you have some additional concerns over regular cash account - Namely you cannot freely contribute new cash any time that you want.  That means that you have to have some coherent strategy in place here that ensures you can cover your obligations no matter what scenario unfolds.  Usually brokers put additional restrictions on trades within IRAs just for this reason. Finally, in the cash account and assuming that you are assigned on your short call, you could potentially could get hit with a good faith, cash liquidation, or free riding violation when your short call is assigned, depending on how you deliver the stock and other things that you're doing in the same account.  There are other questions on that on this site and lots of information online.  The rules aren't super-simple, so I won't try to reproduce them here.  Some related questions to those rules: An external reference also on potential violations in a cash account: https://www.fidelity.com/learning-center/trading-investing/trading/avoiding-cash-trading-violations\""}
{"_id": "273156", "title": "", "text": "\"Sigh. You need to educate yourself regarding the recent financial crisis before claiming the government had to bail out JP Morgan.   The reason I said you don't know the difference between a depository bank and an investment bank is because JP Morgan isn't even the institution that \"\"gambled\"\" nor was it the institution that needed a bail out. It's one of the institutions that bought the toxic assets, thereby assuming the risk and mitigating what would've been a global catastrophe.  Furthermore, you seemingly don't understand the concept of a bail out considering you think the TARP cost the tax payers money which is also false.  The reason I was condescending towards you is because you insulted the CEO of a bank that had nothing to do with the housing crisis, and in fact kept us from what would've resulted in an economic depression at a minimum. \"\"Fuck you\"\" to the guy who was partly responsible for keeping our economy afloat and has every right to be frustrated at this point in time is so moronic that I don't even know where to begin.\""}
{"_id": "273169", "title": "", "text": "All the mirrored departments ( Marketing, Sales, HR, Facilities, etc.) between banks and tech companies will have a similar layout in terms of roles; the major differences between them would be operations.  Operations in a bank is populated by finance/econ/accounting majors.  Operations in a tech startup are populated by STEM.  You wouldn't expect them to be identical, and the differences between them will affect the overall demographics of a company.  It's a far cry to say wall street is intentionally hiring women and silicon valley is intentionally not when there's a disparity in the availability of women for those roles coming from the education system."}
{"_id": "273172", "title": "", "text": "Of course not, even if it got me closer to work, I've moved 30+ times in my life and I'm fucking done with it. I'm just saying, there are conceivably options, it isn't a total monopoly, even if you have to do an unreasonable amount of work to get around it. From an investing standpoint, there are competitors, even if there aren't real options for customers."}
{"_id": "273179", "title": "", "text": "The government started the crisis and the banks concluded it.    Barney Frank and the House Committee on Financial Services continually pushed Fannie Mae and Freddie Mac to issue new mortgages with the intent of increasing home ownership.  The House set goals for mortgage issuances; thus Fannie and Freddie lowered the requirements for obtaining a new mortgage.  Other banks saw this happening and were forced to lower their requirements for issuing mortgages.  Then, the banks realized they were holding a lot of risky mortgages on their books, so they found a way to spread the risk among other banks and investors.  Through financial ingenuity to reduce risk and maximize return, they created a new investment (securitized the debt) where risky mortgages were bundled, the earnings tranched, and resold to investors.  In this way, they transformed hard-to-sell subprime mortgages into salable AAA and AA debt.  This depended on the fact that the risk of default on each mortgage was *independent* of the others.  This scheme reduced risk and increased returns for banks and investors.  However, the securitized mortgages contributed to a higher overall *system* risk.  As long as there weren't mass defaults, everyone was better off.  Well, clearly there were mass defaults on risky mortgages, which destroyed the securitization scheme and brought down the banks.    The missing element in all this was a strong, competent regulatory body that looked out for the country's welfare.  Everyone else was looking out for themselves: Barney Frank &amp; the House looked out for their voters' agenda to push home ownership.  Home buyers were taking advantage of the favorable credit.  The banks satisfied mortgage demand.  The banks also figured out a way to sell risky mortgages to investors so more could be issued.  However, no one looked out for the system-wide risk."}
{"_id": "273187", "title": "", "text": "why does it make sense financially to buy property and become a landlord? Because then your investment generates cash instead of just sitting idle. All taxes, fees and repairs aside it would take almost 21 years before I start making profits. No - your profit will be the rents that you collect (minus expenses). You still have an asset that is worth roughly what you paid for it (and might go up in value), so you don't need to recoup the entire cost of the property before making a profit. Compared to investing the same 150k in an ETF portfolio with conservative 4% in annual returns I would have made around 140k \u20ac after taxes in the same 21 years i.e. almost doubled the money. If you charge 600 \u20ac / month (and never miss a month of rental income), after 21 years you have made 151k \u20ac in rents plus you still have a property.  That property is most likely going to be worth more than you paid for it, so you should have at least 300k \u20ac in assets. Having said all that, it does NOT always make sense to invest in rental property.  Being a landlord can be a hard job, and there are many risks involved that are different that risks in financial investments."}
{"_id": "273199", "title": "", "text": "\"That is correct.  I've bought plenty of well made products made in China.    My beef is with products formerly well made in the US, that have been moved to China but that don't seem to care about quality any more.  It's as if the companies are saying \"\"look how much we're saving\"\" without realising that too much profit is not sustainable if it includes making a cheap trashy product.\""}
{"_id": "273204", "title": "", "text": "He should definitely look into a 529 plan.  Each state offers one.  These provide tax incentives.  Other relatives can contribute.   A downside is if your nephew does not end up going to college, there will be a pentalty for withdrawing the money for other purposes (as there would be for withdrawing from a 401K early)."}
{"_id": "273209", "title": "", "text": "There is a fourth option - pay those taxes. Depending on the amounts, it might be the easiest way - if you make 34.49 in interest, and pay 6 $ in taxes on it, and be done, that might not be worth any other effort. If the expected taxable amount is significant, moving (most of it) to index funds or other simply switching existing investments to \u2018reinvest\u2019 instead of \u2018pay out in cash\u2019 would be the best approach. Again, some smaller amounts in savings or checkings accounts are probably not worth any effort. Transferring the money to the US doesn\u2019t save you taxes, as any interest would still be taxable. You have a risk to lose on the conversion back and forth (and a potential to gain - the exchange rate could go either way!), so if you are sure you go back, it\u2019s not a good idea to move the money."}
{"_id": "273211", "title": "", "text": "Let us be candid! In this period of economic hardship many individuals just cannot afford to acquire technology best coffee maker on the market place. Nevertheless that is no cause to deny yourself one of life\u2019s small delights, a mug of hot and alluring coffee to help you pick up your day or start off your early morning. In this video we are going to look at an alternative solution means for somebody even within the tightest of budgets in order to have the funds for a coffee machine."}
{"_id": "273215", "title": "", "text": "\"Kids, know some shit about your bank before hopping on the crazy train. GS doesn't have an \"\"M&amp;A division\"\" and even partners make less than 1M salary - notoriously.  And whether you're at Goldman or anywhere else, nobody wants to hear \"\"I think investment banking is cool because there are a lot of rich people and I would like to be rich, that's just amazing to me\"\"  And learn to tie your tie. What a fucking goober\""}
{"_id": "273225", "title": "", "text": "complete fucking bullshit line of thinking.  There are far more expensive industrial development (silicon fabrication, each fab cost $3-15Billion). You don't see Samsung running around begging for patent extension do you?  The pharma industry is bunch of con artist and scum. It has always been like that. (You do know Merck originally sold opium right?)"}
{"_id": "273245", "title": "", "text": "Looks like what you are considering is buying an existing book of clients from a retiring planner. These are hit and miss as some have no connection, but other times that can be quite lucrative. If you want to know more PM me and we can chat about it more."}
{"_id": "273247", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://medium.com/society-matters/wall-street-landlords-are-chasing-the-american-dream-heres-what-it-means-for-families-8e753e9d99fe) reduced by 92%. (I'm a bot) ***** &gt; Though house prices have recovered in many regions of the US, many of the people living in these homes are now renting\u200a-\u200aand their landlords are some of the biggest investment firms on Wall Street.  &gt; Another Wall Street backed firm, American Homes 4 Rent, owns a further 49,000 homes across 22 states.  &gt; Destination unknownScaling up portfolios consisting of thousands or tens of thousands of rental homes has made it possible for Wall Street firms to roll out financial instruments suited to &amp;quot;a rentership society&amp;quot;.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zejn5/wall_street_landlords_are_chasing_the_american/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207867 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **home**^#1 **rent**^#2 **rental**^#3 **single-family**^#4 **house**^#5\""}
{"_id": "273251", "title": "", "text": "\"It's almost certainly the money you've earned from the bank. Money the bank earned from you would normally be described as \"\"Interest charged\"\" or \"\"Interest payable\"\".\""}
{"_id": "273282", "title": "", "text": "\"During the actual decline, there's very little money to be made and a lot to lose. When housing prices tank, everybody loses; the banks are exposed to higher risk of mortgage defaults, insurers start having to pay out more for \"\"gas leaks\"\" claiming over-leveraged homes,    realtors starve because their commissions go down (even as foreclosures put more homes on the market) and people faced with financial uncertainty will stay put in their current homes instead of moving elsewhere. And homebuilders and contractors go broke because nobody wants to spend cash on a new home or major reno that looks like a losing investment. There can be some bright spots. Smaller hardware stores will make money as people do relatively small DIY projects to improve the condition of their current home. The larger stores get this business too, but it tends to be more than offset by the loss of contractor business (FAR more lucrative, and something the ACEs and True-Values don't really get in on). Of course the \"\"grave-robbers\"\" do well; gold buyers, auctioneers, pawn shops, repo firms; these guys eat well when other people are defaulting on loans or have to sell their stuff for fast cash. Most of these businesses are not publicly traded. One thing that was seen was increased revenues at discount retailers like Wal-Mart, Dollar General etc. When things are bad, people in the middle class who had avoided these stores for image or morality reasons learn to swallow their pride and buy discount store brands for half the price of national brand names. That lessens the blow felt by the discount retailers as overall consumer spending decreases; the pie shrinks, but the discount retailers get a bigger slice of the mandatory spending on food, clothing, etc (and the higher-level retailers get it in the shorts). When the pie starts to grow again as consumer spending picks back up, the discount retailers retain their percentage for a while, as the fickle middle class can afford to buy more from the discount retailer but can't yet afford to take their business back to the shopping mall stores. This produces a flatter, \"\"offset\"\" price graph for discount retailers through the business cycle; they don't lose as early or as much as everyone else in a major downturn, and they turn it around sooner while everyone else may still be on the way down, but as everything gets better for everyone on the upswing it's less great for the discount guys, as they start losing customers and their dollars to competitors with better stuff, even as the ones they keep spend more. This doesn't generally manifest as a true negative correlation, but it can be a good hedge. The number one money-making investment in a tanking economy is gold. When things go down the crapper, everyone wants gold, so if you see the train wreck coming far enough in advance, you can make a big move to gold and really make some money off that investment. For instance, when the first whispers about ARM adjustments and mass defaults reached the public consciousness in mid-2005, gold bullion jumped from about $400 to over $700 in a nine-month period. It cooled off again in 06-07 but only to about $600/oz, and then in late 07 it steadily climbed to peak at $1000/oz; even if you got in late, an investment of $1000 in July '07 in \"\"bulk\"\" gold would have netted you $650 in one year; that's a 65% APY. Then the economy hit bottom and a lot of investors ditched gold for investments they thought would pull back out of their holes quickly; For just a little while in '08 gold was down to $700 again. Then came all the government reports; unemployment not budging, home prices still declining, a lot of banks still hiding just how bad their position was. If you had seen that it was going to be bad, bad, bad, like a lot of now-billionaire hedge fund investors did, a $1000 investment in gold in July 05, and then cashing out at the tops of the peaks and buying back in at the major troughs, would be worth almost $4000 today. That's a 400% return over 7 years, or an annual average yield of 57%. There simply hasn't been anything like that in the last 7 years.\""}
{"_id": "273283", "title": "", "text": "Hmm well the methods used differ depending on the asset class. I've worked with a REIT and PE on a few different types of commercial projects. For a general overview though I would say look up courses at a local community college and purchase the text books on the syllabus. Some asset classes also have free industry updates which can give you an broad overview. Feel free to PM me if you want to talk specifics."}
{"_id": "273285", "title": "", "text": "if someone wants to retire, they can save up for it themselves. we're no longer the richest country in the world surrounded by a rest-of-the-world destroyed by world war II. big news. on average, people need to work to get by."}
{"_id": "273291", "title": "", "text": "&gt;  This is only for their own products. Amazon is not the only player in the world not even close. The shear amount of packages Fed ex alone ships is insane not to mention their network.  That is what you are responding to. You didn't address the claim. Before AWS there was nothing like it, and they didn't have a serious competitor for years, Bezos once told Buffett how weird it is that everyone knows he has good ideas, knows about AWS and yet he didn't have a real competitor for 6 years. Because his claim is that fedex has huge infrastructure operating a scale that is far greater than Amazons as Amazon is the last player, and becuase you are comparing the case of shipping to the case of AWS where amazon was the first player in and the first to have serious infrastructure the analogy fails to obtain. The two cases aren't similar in the salient way. That is, the case of AWS not only fails to address the claim, it is one of the worst possible analogies given that the saleint feature is being the first player and already having the infrastructure to meet all current demands on a larger scale than anyone else. In the fedex example fedex has that property, in the AWS case AWS had it."}
{"_id": "273307", "title": "", "text": "Sadly, people with millions of dollars rarely give it away to complete strangers that they found at random on the Internet in exchange for trivial efforts. Anyone who claims to be willing to give you millions of dollars for just about nothing in return is almost certainly pulling a scam. It doesn't matter if you can't figure out how they're going to cheat you. They have plan.  Just because your father has no money doesn't mean he can't be robbed. The scammer is almost surely planning to move some money around, and leave your father with a debt that he will be legally obligated to pay. She'll then take off with the money. (Of course you figured out that the picture is fake. It may not even be a pretty young girl -- that may well just be a persona the scammer created to appeal to your father. It might really be a fat, balding old man.) Your father would be smarter to sit in his back yard and wait for money to fall from the sky."}
{"_id": "273308", "title": "", "text": "No, because of regulations Paypal is different in India to most countries and you cannot actually spend paypal balance. You will need to verify your PAN number and connect a bank account, although this should be very quick"}
{"_id": "273328", "title": "", "text": "&gt;  But it's just a tool, it's not artificially intelligent, and it will only do as well as people's willingness to bound its search by an appropriate set of constraints.   Exactly right. Because a business doesn't think. The agents, or representatives of the business do. The business itself as an organization or entity isn't a person, so it isn't able to make a decision. The business will just follow orders given to it like a puppet. One might think when watching a puppet show that the evil character stabbing the others is evil... But it's just a puppet. It's the puppeteer that's operating the strings."}
{"_id": "273329", "title": "", "text": "No, my argument is that our system is designed to allow the executive and judicial branch to legislate if the legislative branch can't. Legislate might not be the appropriate word, but a decision from the executive branch becomes defacto law if the judicial branch determines that:   1) legislation exists allowing the executive branch to make that call (as is the case with NLRB)   or   2) it doesn't conflict with current legislation.   After that point its up to the legislative branch to pass a law that negates it.    That is just a fact of our system of government... yes its fucking anti-democracy as hell, but (IMO) its less terrible than having no legislation passed."}
{"_id": "273345", "title": "", "text": "Yes, Regulation T is specified as the equity percentage of assets. So, yes, one can buy double the amount of equity in initial buying power but no more.  A broker shouldn't even permit purchases that would violate margin regulation. Maintenance margin is at 25%, so equity must remain above 25% of the total or the brokerage will force liquidations."}
{"_id": "273381", "title": "", "text": "They haven't even correctly identified the problem yet.   The fundamental issue is that prices are too high in the US. Individuals can't afford the high profit margins and not even the government can afford to keep paying 3000 times what each little thing might cost anywhere else."}
{"_id": "273387", "title": "", "text": "\"&gt;If we lose our reserve currency status, we would have to pay it off with a different currency.   No, a debt that comes into being as dollar-denominated remains dollar-denominated. Reserve currency status doesn't change this.  The advantage of having the reserve currency is that other countries have a strong motive to accumulate dollars. Because of this we can pay for our imports in dollars. If we no longer had the reserve currency we would lose the ability to run a persistent trade deficit without borrowing foreign currency to do so.  To some extent this would self-correct. If foreigners no longer desired to hoard dollars, the flow of dollars back in to the US would bring down the trade deficit. Going forward, we'd have to \"\"live within our means\"\" with respect to foreign trade, funding imports with exports.  Domestically every country that has its own currency, not just the US, can use that currency to fully fund its own domestic productive capacity. Printing money doesn't make a poor country rich but it does allow any country to fully realize its own potential.  &gt;Other countries don't have the luxury of just printing out massive amounts of money to pay off their debts.  This is only true when a country borrows in a currency it doesn't issue. When a country spends in its own currency its policy space is constrained by inflation. To the extent any country uses, pegs to or borrows in someone else's currency that policy space is narrowed by the need to first borrow or earn that currency.  &gt;if the UN followed through with its suggestion to create a global reserve currency or reverted back to the gold standard  The euro shows us where that road leads. Countries that give up monetary authority give up sovereignty and when they find themselves in a situation where the monetary policy they no longer control is at odds with their needs, their economies get torn apart.  That's why one country, one currency is good policy. Stability and maximum policy space is achieved when fiscal authority, political legitimacy and monetary authority are consolidated at the same level. It's a three-legged stool that becomes a fragile balancing act when one leg is taken away.  Also, there's a whole side discussion to be had on what the alternatives are to the dollar as a reserve currency. The dollar is in that position for a reason.\""}
{"_id": "273390", "title": "", "text": "\"I haven't seen this addressed anywhere else, so I'll make a small answer to add on to the great ones already here. Money isn't the only way a person can contribute to a relationship. Time and effort are valuable contributions. Who runs the household? Who cooks, cleans, does laundry? How will you share these duties? My husband and I have a couple of rules. One of which is that we don't keep count. \"\"I did dishes, so you do laundry\"\". \"\"I made coffee last time, so now it's your turn\"\". \"\"I paid this, so you pay that\"\". That's not allowed.  I happen to make ~4x as much as my husband, but I work 4x the hours (he's part time at the moment). So, he does the dishes, he cooks, he does laundry, he runs the household. Do I value him less? No! I value him more, because he is part of the team, and he feeds me coffee while I work (we have our own business). Even though I make so much more than him, we still split everything down the middle. Because his contribution to this relationship, to this household, is so much more than just money. And I value him. I value his contribution.  At the end of the day, you are a team - and if you split hairs over finances, you'll find yourself splitting hairs over everything.\""}
{"_id": "273402", "title": "", "text": "Start at flea markets.. rent a table or two for the weekend and see what sells and what doesn't. Don't saddle yourself with high overhead in the beginning. You don't want to borrow a ton of money when you are just starting out."}
{"_id": "273403", "title": "", "text": "As opposed to sitting on reddit all day spamming articles no one responds to because they're stupid and clickbaity?    If you posted something from a respected journal or academic source, I'd be more inclined to engage in discourse or take your posts seriously, but instead, you post stupid bullshit instead.    Where'd you get your degree?  DeVry?  The School of Hard Knocks?  Get over yourself."}
{"_id": "273416", "title": "", "text": "Depends on how the money is invested within the 401k... but in general, prices move both up and down with a long-tem bias toward up.  Think of it this way: with fund shares priced lower now, you are getting shares cheaper than when you entered the plan. So this dip is actually working in your favor, as long as you are comfortable trusting that long-term view (and trusting the funds your 401k money is going into). Believe me, it's even scarier when you're nearer your target retirement date and a 10% dip may be six figures... but it's all theoretical until you actually start drawing the money back out, and you have to learn to accept some volatility as part of the trade-off  for getting returns better than bonds."}
{"_id": "273421", "title": "", "text": "If Bezos wants subsidies Chicago likely can't / won't be able to match other places.  If you ignore those, I'd agree it has almost every other box checked in terms of labor, infrastructure, space, etc.  Unfortunately, I'm guessing they'll go with the subsidies.  If they moved in and helped build up a new area of the city though that'd be awesome."}
{"_id": "273433", "title": "", "text": "A CFA is plus all over the world but it probably won't be as useful as in the US. You can take the exams in many countries though so if you start in the US you should be able to continue back home. Better look online to see what your options are.   CFA is not perfect for all types of finance careers though so before you start make sure it makes sense for you."}
{"_id": "273436", "title": "", "text": "\"Some countries and people are criminally insane and there's no way to \"\"constructively\"\" fix them... except using force to remove them from society or earth.  Nothing to do with Trump. Actually, Trump, if no choice, will have the balls to wipe N.Korea from the face of the earth. God forbid if it was Hillary/Democrat needing to face this choice.\""}
{"_id": "273447", "title": "", "text": "As others said, there is no recovery from that being late. However, to fix your situation: You can do a Rollover of Funds from HSA 1 to HSA 2. Both my HSAs have that option right on their website; I log on to HSA 2 (the target), and request a rollover from HSA 1 (the source), for the desired amount (3000 for you); I guess most HSAs offer that; if not you can call them to start it. This has no tax or limit implications; it just moves money between equally qualified HSAs. You could also consider - while you do that - to roll over the complete content of HSA 1 and get rid of it (as it is 'hard to access'). There is no limit (so you can move a million if you have it there), and as said above, no tax implication, no limit violations, as long as the money goes from one HSA into another HSA with the same ownership."}
{"_id": "273448", "title": "", "text": "I need you to open your eyes just a liiiiiiiiiiiiittle bit more. You act like the only kind of weed available are indica strands. I smoke marijuana because it fights my chronic fatigue and nausea. And every time you smoke doesn't get you stoned off your ass to the point where all you can do is sit on the couch and bum it. Some of the greatest minds smoked pot. You're just being willfully closed minded."}
{"_id": "273472", "title": "", "text": "\"Edit:  This is false.  Seritage has no listed properties in Canada [on their website](http://www.seritage.com/properties)  And \"\"Fast Eddie\"\" will make even more bank by renting out the space occupied by his old hobby project through Seritage, after neglecting the space his hobby project was in since his purchase during his stock buybacks.\""}
{"_id": "273478", "title": "", "text": "The current FED's spend is to encourage spends by putting in more liquidity, SOME of this funds [directly or indirectly] reach emerging markets and get invested in stocks ... so without these forex inflows, the Balance of Payments would be under pressure ... so these forex are artificially keeping the Exchange rate down. For example the USD vs INR rate was in the range of 1 USD to around INR 50 for nearly 4-5 years. In the period the inflation in India was around 10-15%, so ideally the rate should have slowly moved towards INR 60, however it took a news of FED cut-back to more the rates in the range of INR 65 before stabilizing to Rs 60"}
{"_id": "273480", "title": "", "text": "\"This question has been asked and answered before. Financially, owning a car will be more economical than leasing one in most cases. The reason for this is that leasing arrangements are designed to make a profit for the leasing company over and above the value of the car. A leasing company that does not profit off their customers will not be in business for long. This is a zero-sum game and the leasing customer is the loser. The lion's share of the customer losses are in maintenance and in the event of an accident or other damage. In both cases, leasing arrangements are designed to make a large profit for the owner. The average customer assumes they will never get into an accident and they underestimate the losses they will take on the maintenance. For example, if both oxygen sensors need to be replaced and it would have cost you $800 to replace them yourself, but the leasing company charges you $1200, then BOOM! you just lost $400. If the car is totaled, the customer will lose many thousands of dollars. Leasing contracts are designed to make money for the owner, not the customer. Another way leasing agents make money is on \"\"required maintenance\"\". Most leasing contracts require the leasor to perform \"\"required\"\" maintenance, oil changes, tire rotations, etc. Also, with newer cars manufacturers recalls are common. Those are required as well. Nearly nobody does this maintenance correctly. This gives the agent the excuse to charge the customer thousands of dollars when the vehicle is returned. Bills of $4000 to $6000 on a 3 year lease for failure to perform required maintenance are common. Its items like this that allow the leasing agent to get a profit on what looks like a \"\"good deal\"\" when the customer walked in the door 3 years previously. The advantage of leasing is that it costs less up front and it is more convenient to switch to a different car because you don't have to sell the car.\""}
{"_id": "273485", "title": "", "text": "\"&gt; People with failed businesses also often put in crazy long hours and submit themselves to huge financial risk. That's what you have to do just to start a business. It doesn't predict success.  Yes, but most people that start companies are unrealistic, poorly connected and barely average intelligence (if at all).  I'd say perhaps 0.5% of entrepreneurs are really in the \"\"top tier\"\" where differences are shaped more by luck than anything else.  Not sure if you've ever dealt with real life entrepreneurs, but I daresay you could make some pretty good estimates about who might succeed and who might not after talking to a random sampling of 50, and no - it wouldn't be because you can smell luck.  Work ethic is kind of a baseline, and something shared with naive dreamers and total idiots, as well as unlucky realistic geniuses.\""}
{"_id": "273497", "title": "", "text": "I think better advice would be always max out your 401K at least to the level that the company provides a match. For example, my company will match 50% up to 10% of your salary. Good luck finding another investment with a guaranteed immediate 50% return. Beyond the company match, it is probably good advice to put as much in the 401K as you can afford if you aren't disciplined enough to invest that money on your own. Otherwise it depends on a number of factors as to whether it is better to invest on your own or in the company plan."}
{"_id": "273501", "title": "", "text": "\"Why would anyone ever get a 15 year instead of just paying off a 30 year in 15 years? Because the rate is not the same. Never that I've seen in my 30 years of following rates. I've seen the rate difference range from .25% to .75%. (In March '15, the average rate in my area is 30yr 3.75% / 15yr 3.00%) For a $150K loan, this puts the 15yr payment at $1036, with the 30 (at higher rate) paid in 15 years at $1091. This $55 difference can be considered a flexibility premium,\"\" as it offers the option to pay the actual $695 in any period the money is needed elsewhere.  If the rate were the same, I'd grab the 30, and since I can't say \"\"invest the difference,\"\" I'd say to pay at a pace to go 15, unless you had a cash flow situation. A spouse out of work. An emergency that you funded with a high interest rate loan, etc. The advice to have an emergency fund is great until for whatever reason, there's just not enough.  On a personal note, I did go with the 15 year mortgage for our last refinance. I was nearing 50 at the time, and it seemed prudent to aim for a mortgage free retirement.\""}
{"_id": "273509", "title": "", "text": "\"From the perspective of an investor and someone in high-tech during that period, here is my take:  A few high tech companies had made it big (Apple, Microsoft, Dell) and a lot of people were sitting around bemoaning the fact that we all should have realized that computers were going to be huge and invested early in those companies. We all convinced ourselves that we knew it was going to happen (whether we did or not), but for some reason we didn't put our money where our mouth was and now we were grumpy because we could be millionaires already. In the meantime the whole Internet thing transitioned from being something that only nerds and academics used to a new paradigm for computing. Many of us reasoned that we weren't going to be suckers twice and this time we were getting on that boat before it left for money-land.  So it became fashionable to invest in Internet stocks. Everyone was doing it. It was guaranteed to come up in any conversation at parties or with friends at work. So with all this investment money out there for the Internet's \"\"next big thing\"\" naturally lots of companies popped up to take advantage of the easy money. It got to the point where brokers and Venture capital firms were beating the bushes LOOKING for companies to throw money at and often they didn't scrutinize these company's business plans very well and/or bought into insane growth projections. Frankly, most of the business plans amounted to \"\"We may not make any money off our users, but if we get enough people to sign up that HAS to be valuable, right?\"\"  Problem #2 was that most of these companies weren't run by proven business types, but that didn't matter. It worked for those rag-tag kids at Google, Apple and Microsoft right? Well-heeled business types who know how to build a sustainable business model are so gauche in the new \"\"Internet Economy\"\".  Also, the implicit agenda of most of these new entrepreneurs is (1) Get enough funding to make the company big enough go public while keeping enough equity to get rich when it does; (2) Buy a Ferrari; (3) Repeat with another company.   Now these investors weren't stupid. They knew what was going on and that most of these Internet companies weren't going to be around in a decade. Everyone was just playing the momentum and planned to get out when they saw \"\"the signal\"\" that the whole house of cards was going to fall. At the time we always talked about the fact that these investments were totally playing with monopoly money, but it was addictive. During the peak, at least on paper, my brokerage account was earning more money for me than my day job.  The problem was, that it was all kind of a pyramid scheme. These dot com companies needed a continual supply of new investment because most of them were operating at a loss and some didn't even have a mechanism to make a profit at all, at least not a realistic one. A buddy of mine, for example worked for an IPO bound company that made a freaking web based contact management system. They didn't charge yet, but they would one day turn on the meter and all of those thousands of customers who signed up for a free account would naturally start paying for something the company was actively devaluing by giving it away for free. This company raised more than $100M in venture capital.  So eventually it started to get harder for these companies to continue to raise new money to pay operational costs without showing some kind of ROI. That is, the tried-and-true model for valuing a company started to seep back in and these companies had to admit that the CEO had no clothes. So without money to continue paying for expensive developers and marketing, these companies started to go under. When a few of the big names tumbled, everyone saw that as \"\"the signal\"\" and it was a race to the bank. The rest is history.\""}
{"_id": "273512", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://theminskys.org/usa-2017-q1-sectoral-balances-update/) reduced by 83%. (I'm a bot) ***** &gt; The graph setup this way shows how government fiscal deficits make their way towards the rest of the world or into the private sector.  &gt; If you were following the sectoral balances graph closely in 2000-2008, you could see how the private sector was continuously indebted, both households and businesses.  &gt; From a purely sectoral balances perspective, as long as we maintain our government deficit and the rest of the world continues to want US goods and services, the US private sector seems poised to continue muddling along.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/748wua/usa_2017_q1_sectoral_balances_update/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~221925 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **sector**^#1 **deficit**^#2 **way**^#3 **private**^#4 **GDP**^#5\""}
{"_id": "273528", "title": "", "text": "\"Unless you have a history of over-using credit (i.e. you've gotten yourself into debt trouble), then I think that the banker is giving you bad advice in telling you to get your own credit limit reduced.  Having more credit available to you that is left unused will make your utilization ratio lower, which is generally better for your credit score, according to this article on CreditKarma.com.  The \"\"sweet spot\"\" seems to be 1-20% utilization of your total credit.  (But remember, this is only one factor in your credit score, and not even the biggest-- having a long history of on-time payments counts the most.) My own personal experience seems to bear this out.  I have two major credit cards that I use.  One card has a high credit limit (high for me anyway) and I use it for just about everything that I buy-- groceries, gas, durable goods, services, you name it.  The other card has a limit that is about 1/3 of the first, and I use it for a few recurring bills and occasional purchases where they don't take the first card.  I also have a couple of department store cards that I use rather infrequently (typically 1 purchase every 3 months or so).  At the end of each month, when the respective statements post, each card has a balance that is 15% or less of the credit limit on that card.  I pay off the entire balance on each card each month, and the cycle repeats.  I have never been late on a payment, and my credit history for all of these cards goes back 10 years.  My credit score is nearly as high as it can go.  If having unused credit were a detriment, I would expect my score to be much lower. So, no, having \"\"too much credit available\"\" is not going to hurt you, unless you are not using it at all, or are tempted to abuse it (use too much).  The key is to use common sense.  Have a small number of cards, keep them active, spend within your means so you can pay off the balance in full after the statement posts, and never be late on your payments.  That's all it takes to have good credit.\""}
{"_id": "273552", "title": "", "text": "I'm not going to look this up to confirm but back in prehistoric times when I was in high school I'm sure I am was taught that the 4x4 or 2x2 referred to the rough sawn timber an that most people but dressed timber sand that is why it's smaller.  That said this is a stupid lawsuit for many reasons."}
{"_id": "273562", "title": "", "text": "Time to bring back mcpizza lol.    I love some of the experiments they've done over the years.     Sometimes you need to stop pretending and focus on what you're good at and be the best at it.     Instead the focus on expanding out instead of improving what they have in terms of quality."}
{"_id": "273563", "title": "", "text": "KPMG's website has: For the purposes of taxation, how is an individual defined as a resident of Sweden? An individual is considered a resident in Sweden for tax purposes if one of the following three conditions is met: The individual has his/her real home and dwelling in Sweden. The individual stays in Sweden during a lengthy period of time (a permanent sojourn) and with only occasional interruptions. There is no legal definition of permanent sojourn, but a stay of six months or more will in general constitute residency. So, given your I am presently resident in Sweden and this from the above website: There is no legal definition of permanent sojourn, but a stay of six months or more will in general constitute residency.  I believe you are liable for Swedish income tax. I am not an accountant. This is just speculation based on a Google search. Get paid advice! :-)"}
{"_id": "273565", "title": "", "text": "Try to find out (online) what 'the experts' think about your stock. Normally, there are some that advise you to sell, some to hold and some to buy. Hold on to your stock when most advise you to buy, otherwise, just sell it and get it over with. A stock's estimated value depends on a lot of things, the worst of these are human emotions... People buy with the crowd and sell on panic. Not something you should want to do.  The 'real' value of a stock depends on assets, cash-flow, backlog, benefits, dividends, etc. Also, their competitors, the market position they have, etc. So, once you have an estimate of how much the stock is 'worth', then you can buy or sell according to the market value. Beware of putting all your eggs in one basket. Look at what happened to Arthur Andersen, Lehman Brothers, Parmalat, Worldcom, Enron, etc."}
{"_id": "273567", "title": "", "text": "Sample Numbers: Owe $100k on house.  House (after 'crash') valued at: $50K.  Reason for consternation: What rational person pays $100k for property that is only worth half that amount? True Story: My neighbor paid almost $250K (a quarter-of-a-million dollars - think about that..) for a house that when he walked (ran!) away from it was sold by the bank for $88K.  Unless he declares bankruptcy (and forgoes all his other assets, including retirement savings) he still owes the bank the difference. And even with bankruptcy, he may still owe the bank - this should cause anyone to be a bit concerned about being up-side down in a mortgage loan."}
{"_id": "273575", "title": "", "text": "Last year was a great opportunity for dividend stocks and MLPs. I have a few which are earning 6-9% of my investment basis cost. Municipal bonds are a good value now.  If you have the connections, passive investments in convenience franchises or other commercial property are a good income stream. A Dunkin Donuts used to be an amazing money printing machine."}
{"_id": "273576", "title": "", "text": "\"Paying tax is a Good Thing. However, warren has made good point and I would like you to consider this other thing: Go into your payees bank with the payee, get the money withdrawn from the teller and take it with you. Unless I am missing something, or the teller handed your payee fake notes, you are \"\"safe\"\"\""}
{"_id": "273577", "title": "", "text": "If you are in the 15% marginal tax bracket, I'd agree, no harm in using Roth. If you are in the 25% bracket or above, it would take quite a bit of savings to retire in a higher bracket. I can't know your entire situation, but the average person is barely saving enough to be in the 15% bracket in retirement, let alone higher."}
{"_id": "273586", "title": "", "text": "I believe he thinks that it cannot be racist if it is the truth, when in reality it's not true. I think that a large part of the reason white people were successful in the United States was because of the massive wealth of resources. His comparison to Zimbabwe makes no sense because it is a completely different physical climate with different resources.   But of course he pins it on skin color, because it's easy for him to do in his mind. It's really upsetting to know there's still a lot of people like this; I also don't know how they can continue lying to themselves, with evidence of successful people from all races and cultures.  Obviously the massive wealth in the UAE is due to the fact that they're brown, not because of the oil /s."}
{"_id": "273596", "title": "", "text": "Education in India has always been the need of the hour. Education implies to the growth of every human being in the society in the form of mentality, knowledge, difference between right and wrong etc. The importance of education not only related to the development of intellectual skills and knowledge but also to the effective\u2026"}
{"_id": "273597", "title": "", "text": "gatlinburg vacation home rental  --iTrip.net is a company that has revolutionized the way people book vacations, making the process easy and stress free. Due to our forward thinking and advanced online booking engine, we're able to provide quality vacations rentals and a lower price."}
{"_id": "273598", "title": "", "text": "Long convexity is achieved by owning long dated low delta options. When a significant move occurs in the underlying the volatility curve will move higher. Instead of a linear relationship between your long position and it's return, you receive a multiple of the linear return. For example: Share price $50 Long 1 (equals 100 shares) contract of a 2 year 100 call Assume this is a 5 delta option If the stock price rises to $70 the delta of the option will rise because it is now closer to the strike. Lets assume it is now a 20 delta option. Then  Expected return on a $20 price move higher, 100 shares($20)(.20-.05)=$300 However what happens is the entire volatility surface rises and causes the 20 delta option to be 30 delta option. Then The return on a $20 price move higher, 100 shares($20)(.30-.05)=$500 This $200 extra gain is due to convexity and explains why option traders are willing to pay above the theoretical price for these options."}
{"_id": "273612", "title": "", "text": "\"If your shares get called on stock at a price below what you paid for the stock, your gain or loss depends on what premium you got for the options you sold.  \"\"can I deliver shares at that assigned strike using margin or additional capital if I have it? Can the broker just take care of it and let me collect the time premium? \"\" You don't need margin or any cash because you already hold the shares. A covered call means your cash requirements are 'covered'. So they'll just buy your shares at the strike price of $50. And you still get to keep the premium (which you should have gotten when you sold the covered call).  You only need cash or margin when you've sold an uncovered call or put.\""}
{"_id": "273617", "title": "", "text": "Emergency Account Vault (Windows) I use it to store info about all of my accounts/assets in an encrypted document. It's more for keeping track of everything that is in your name than managing money. Good for situations when you need to quickly look up info about a specific account you own."}
{"_id": "273618", "title": "", "text": "\"This Stack Exchange site is a nice place to find answers and ask questions. Good start! Moving away from the recursive answer... Simply distilling personal finance down to \"\"I have money, I'll need money in the future, what do I do\"\", an easily digestible book with how-to, multi-step guidelines is \"\"I Will Teach You To Be Rich\"\". The author talks about setting up the accounts you should have, making sure all your bills are paid automatically, saving on the big things and tips to increase your take home pay. That link goes to a compilation page on the blog with many of the most fundamental articles. However, \"\"The World\u2019s Easiest Guide To Understanding Retirement Accounts\"\" is a particularly key article. While all the information is on the free blog, the book is well organized and concise.  The Simple Dollar is a nice blog with frugal living tips, lifestyle assessments, financial thoughts and reader questions. The author also reviews about a book a week. Investing - hoping to get better returns than savings can provide while minimizing risk. This thread is an excellent list of books to learn about investing. I highly recommend \"\"The Bogleheads' Guide to Investing\"\" and \"\"The Only Investment Guide You'll Ever Need\"\". The world of investment vehicles is huge but it doesn't have to be complicated once you ignore all the fads and risky stuff. Index mutual funds are the place to start (and maybe end). Asset allocation and diversification are themes to guide you. The books on that list will teach you.\""}
{"_id": "273625", "title": "", "text": "They would work in any way those who choose to participate will it too work. They would make a democratic choice in how they spend their own dollars. Democracy isn't once every 4 years it is something that should happen every day with every choice you make. Only the free market provides true democracy."}
{"_id": "273631", "title": "", "text": "The optimal way to pay off all cards in the least amount of time is a waterfall approach, with the most money going to the account with the highest interest rate, or in the event of a tie, the lowest balance. Then when that account is paid off, go to the next one. There's a bit of wiggle room if one is tax deductible, but in this case, there shouldn't be. So, what you should do is pay off card 2, then 1, then 3, using the waterfall scheme. You have correctly identified that card 2 will be paid off in 18 months. Figure out what the balance will be on Card 1 at that time, and how long the new payment of $1105 will take to get it paid off. Then figure out how long it'll take to pay off card 3 with $1365. Without crunching the numbers myself, I'm guessing you'll be debt free in about 26 months or so, that card 3 will be paid off before you are done with Card 1. So what you'd do in that case is pay off card 1 using the combined total payment."}
{"_id": "273644", "title": "", "text": "\"In finance, form is function, and while a reason for a trade could be anything, but since the result of a trade is a change in value, it could be presumed that one seeks to receive a change in value. Stock company There may have been more esoteric examples, but currently, possession of a company (total ownership of its' assets actually) is delineated by percentage or a glorified \"\"banknote\"\" frequently called a \"\"share\"\".  Percentage companies are usually sole proprietorship and partnerships, but partnerships can now trade in \"\"units\"\".  Share companies are usually corporations. With shares, a company can be divided into almost totally indistinguishable units.  This allows for more flexible ownership, so individuals can trade them without having to change the company contract. Considering the ease of trade, it could be assumed that common stock contract provisions were formulated to provide for such an ease. Motivation to trade This could be anything, but it seems those with the largest ownership of common stock have lots of wealth, so it could be assumed that people at least want to own stocks to own wealth. Shorting might be a little harder to reason, but I personally assume that the motivation to trade is still to increase wealth. Social benefit of the stock market Assuming that ownership in a company is socially valuable and that the total value of ownership is proportional to the social value provided, the social benefit of a stock market is that it provided the means to scale ownership through convenience, speed, and reliability.\""}
{"_id": "273645", "title": "", "text": "\"In the UK there is a non-profit called the Citizen's Advice Bureau which provides free advice to people on a wide range of subjects, but including debt and budgeting. Consumer Credit Counselling Service provides explicit help but again, in the UK. A search for \"\"volunteer debt counsellor\"\" reveals a whole host of organizations that do that, but almost all based in the UK or Canada or Australia. The US seems not to be well provided with such organizations. This page advises people to volunteer as a debt counsellor, but gives no specifics of organizations, just \"\"Volunteer at local county community centers, churches and agencies. Your local faith-based organization might be a good place to start, even if you are not a member. Regrettably a search for \"\"free debt counselling\"\" produced a similar list of non-profits in UK and Canada, but mainly companies peddling consolidation loans in the US.\""}
{"_id": "273652", "title": "", "text": "\"China is a gigantic investor in the USA. Whenever you hear the term \"\"trade deficit\"\" that the US has to China, there is an identical amount in \"\"investment surplus\"\" that the US gets from China.  That investment is everywhere - in our stock market, in our government debt, in our real estate and in our Ohio Windshield plants.  Every time you buy an iPhone, you're handing China hundreds of dollars which they then invest in America.  We very literally gave them a Windshield plant in exchange for consumer goods.  https://www.forbes.com/sites/timworstall/2016/05/16/that-china-trade-deficit-comes-back-to-the-us-110-billion-into-real-estate-alone/#76342d974653\""}
{"_id": "273669", "title": "", "text": "LOL!!!!  So again, it's Trump and only Trump's fault.  Are you serious?  The ACA did not have serious issues in November before Trump was elected?  Even Bernie Sanders does not like the ACA.  Anyway, back to Trump: he's clearly for a National Health Care system. Am I right? Yes or no?  And he clearly wants to fix ObamaCare, am I right? Yes or no?  And he clearly could not and did not do anything about the ObamaCare because of traitors withing the Republican parties, am I right? Yes or no?"}
{"_id": "273672", "title": "", "text": "Mathura has a long history and tradition associated with the life of Shree Lord Krishna 8TH Avatar of Lord Vishnu and a much-loved god of the Hindus.Temples in Mathura- Krishna Janma Bhoomi Mandir, Jama Masjid, Dwarkadhish Temple, Kusum Sarovar, Radha Kund, Kans Qila, Mathura Museum, Govardhan Hill etc."}
{"_id": "273675", "title": "", "text": "Actually, by far more Supreme Court rulings are unanimous than anything else, as you can see [here](https://www.law360.com/articles/808513/the-supreme-court-term-by-the-numbers)  You hear more about the ones that aren't unanimous, because those are the controversial cases. But each Justice is very well educated on the law and generally they all have a similar understanding of how laws are applied."}
{"_id": "273718", "title": "", "text": "Any investor can make a bad bet, even Buffett. Even if you have done every bit of research on an investment possible you are exposed to random external events.. acts of god, and outright fraud."}
{"_id": "273719", "title": "", "text": "Do you have the option of paying cash for the phone? To answer your question though: Essentially, you have to use credit RESPONSIBLY. That doesn't mean go get a slew of loans and pay them off. As Ratish said, a credit card is a good start. I basically buy everything with a card and then pay it off every month when the bill comes out. I actually have two and I alternate but that's getting nitpicky. It should be noted that simply getting a card won't help your score. In fact, it may go down initially as the inquiry and new account opening may have a negative effect. The positive effect will happen as you develop good payment behavior over time.  One big thing you can do, in your case, is always pay your mobile bill on time. Having a good payment history with them will go a long way to prove you are responsible."}
{"_id": "273721", "title": "", "text": "The US doesn't have a Value Added Tax, which is the one usually refundable upon departing the country... so sales taxes you pay in this country stay in this country and you don't get a refund. Just remember to treat the tax as an implied part of the price. (And be aware that state and local taxes may vary, so the total price may be higher in one place than in another. New York City adds a few percent on top of the state sales tax, for example.) If you aren't sure how much tax would be, don't be afraid to ask."}
{"_id": "273735", "title": "", "text": "First, who is saying that it is a better option? In general it is best to pay cash for things when you can. I think the reality is that for most people owning a house would be very difficult without some sort of financing. That said, one argument for financing a house these days even if you could afford to pay cash is that the interest rates are very low. For a 30-year fixed loan you can borrow money under 4.5% APR with decent credit. If you are willing to accept even a little risk you could almost certainly invest that same money and get a return higher than 4.5%. With the US mortgage interest tax deduction the numbers are even more favorable for financing.  Those rates look even more attractive when you consider you are paying for the house with today's dollars and paying back the loan with dollars from up to 30 years in the future, which will be worth much less."}
{"_id": "273753", "title": "", "text": "Are you looking for someone who could motivate you to achieve the heights of success? Mitesh Khatri is the man, who can boost your morale and instill positive thought within you. His inspiring speech and effective messages can bring a huge difference to your approach and attitude to do better in your career. http://miteshkhatri.livejournal.com/283.html"}
{"_id": "273754", "title": "", "text": "It is.    So if we force companies to pay a living wage to everyone, why would a company pay skilled workers more?   If they had to pay everyone a minimum of 36-60k, why pay anyone else more? By setting a livable wage, the government would also be setting a possible maximum wage.   As a side note, the cost of goods would go up if a grocery store had to pay all of its employees a livable wage. Where is the happy medium and how would you calculate it?"}
{"_id": "273759", "title": "", "text": "\"The wording of this question is very confusing because \"\"primary signer\"\" would, in ordinary parlance, mean the person borrowing the money and the co-signer (not consigner) would mean the one who is guaranteeing the repayment of the loan: if the borrower does not pay, the co-signer is liable for making the payments. Whose name is on the title of the car? Who borrowed the money to buy the car? Is the loan in your name and your son co-signed the loan to induce the bank to loan you money to purchase the car, or is it the other way around, that your son borrowed the money and you co-signed the loan in order to induce the bank to loan your son the money? If the car title and the loan are in your name, are you defaulting on the loan and so your son is making the loan payments that should have come from you? Or is it that your son borrowed the money to buy the car, his name is on the title, he is making the payments, and you are no longer interested in backing him up in case he defaults and the bank comes after you for the money?\""}
{"_id": "273761", "title": "", "text": "\"As you note, your question is inherently opinion-based.  That said, if I were in your situation I would sell the stock all at once and buy whatever it is you want to buy (hopefully some index ETF or mutual fund). According to what I see, the current value of the HD stock is about $8500 and the JNJ stock is worth less than $500.  With a total investment of less than $10,000, any gain you are likely to miss by liquidating now is not going to be huge in absolute terms. This is doubly true since you were given the stock, so you have no specific reason to believe it will do well at all.  If you had picked it yourself based on careful analysis, it could be worth keeping if you \"\"believed in yourself\"\" (or even if you just wanted to test your acumen), but as it is the stock is essentially random.  Even if you want to pursue an aggressive allocation, it doesn't make sense to allocate everything to one stock for no reason.  If you were going to put everything in one stock, you'd want it to be a stock you had analyzed and picked.  (I still think it would be a bad idea, but at least it would be a more defensible idea.) So I would say the risk of your lopsided allocation (just two companies, with more than 90% of the value in just one) outweighs any risk of missing out on a gain.  If news breaks tomorrow that the CEO of Home Depot has been embezzling (or if Trump decides to go on the Twitter warpath for some reason), your investment could disappear. Another common way to think about it is: if you had $9000 today to buy stocks with, would you buy $8500 worth of HD and $500 worth of JNJ?  If not, it probably doesn't make sense to hold them just because you happen to have them. The only potential exception to my advice above would be tax considerations.  You didn't mention what your basis in the stock is.  Looking at historical prices, it looks like if all the stock was 20 years old you'd have a gain of about $8000, and if all of it was 10 years old you'd have a gain of about $6000.  If your tax situation is such that selling all the stock at once would push you into a higher tax bracket, it might make sense to sell only enough to fit into your current bracket, and sell the rest next year.  However, I think this situation is unlikely because: A) since the stock has been held for a long time, most of the gains will be at the lower long-term rate; B) if you have solid income, you can probably afford the tax; and C) if you don't have solid income, your long-term capital gains rate will likely be zero.\""}
{"_id": "273776", "title": "", "text": "Jeffrey Benjamin lawyer By trusting attorney Jeffrey Benjamin to handle your case, you\u2019re bringing aboard someone who knows how to handle business, commercial litigation, fraud and breach of contract cases. Beyond that, he has also overseen predatory lending, identity theft and other violations under the New York Deceptive Practices Act and New Jersey Consumer Fraud Truth in Consumer Contract and Warranty acts."}
{"_id": "273778", "title": "", "text": "This is dumb on many levels.  First are they really trying to blame the Flash Crash for investors leaving the market. It's 2014 and they claim in 17 of 25 months since the 2010 crash investors have withdrawn (not really sure what this means either, since shares don't disappear- does this just mean the market is up? It's unclear). Either way the article quoted is from 2012! And for a research team creating an empirical model, this is a very scary usage of small sample size,  mistaking correlation for causation,  etc.  And the algo,  though they don't give much info,  seems to be the very essence of data mining. Pick a million signals and filter on those that are empirically the best.  If you are an individual investor or a small fund thinking of purchasing something like this,  first consider: if it really worked, why are the founders selling it when they could just use it themselves and profit from it? It's almost guaranteed not to work out of sample"}
{"_id": "273783", "title": "", "text": "$4,000 is a relatively small amount in the grand scheme of retirement. I think you should decide in general whether a Traditional or Roth makes more sense for you (with the intent that you will continue contributing to it in the future), and then treat the $4,000 like you would any other contribution."}
{"_id": "273789", "title": "", "text": "I'm not entirely sure about some of the details in your question, since I think you meant to use $10,000 as the value of the futures contract and $3 as the value of the underlying stock. Those numbers would make more sense. That being said, I can give you a simple example of how to calculate the profit and loss from a leveraged futures contract. For the sake of simplicity, I'll use a well-known futures contract: the E-mini S&P500 contract. Each E-mini is worth $50 times the value of the S&P 500 index and has a tick size of 0.25, so the minimum price change is 0.25 * $50 = $12.50.  Here's an example. Say the current value of the S&P500 is 1,600; the value of each contract is therefore $50 * 1,600 = $80,000. You purchase one contract on margin, with an initial margin requirement1 of 5%, or $4,000. If the S&P 500 index rises to 1,610, the value of your futures contract increases to $50 * 1,610 = $80,500. Once you return the 80,000 - 4,000 = $76,000 that you borrowed as leverage, your profit is 80,500 - 76,000 = $4,500.  Since you used $4,000 of your own funds as an initial margin, your profit, excluding commissions is 4,500 - 4,000 = $500, which is a 500/4000 = 12.5% return. If the index dropped to 1,580, the value of your futures contract decreases to $50 * 1,580 = $79,000. After you return the $76,000 in leverage, you're left with $3,000, or a net loss of (3,000 - 4000)/(4000) = -25%. The math illustrates why using leverage increases your risk, but also increases your potential for return. Consider the first scenario, in which the index increases to 1,610. If you had forgone using margin and spent $80,000 of your own funds, your profit would be (80,500 - 80,000) / 80000 = .625%. This is smaller than your leveraged profit by a factor of 20, the inverse of the margin requirement (.625% / .05 = 12.5%). In this case, the use of leverage dramatically increased your rate of return.  However, in the case of a decrease, you spent $80,000, but gained $79,000, for a loss of only 1.25%. This is 20 times smaller in magnitude than your negative return when using leverage. By forgoing leverage, you've decreased your opportunity for upside, but also decreased your downside risk. 1) For futures contracts, the margin requirements are set by the exchange, which is CME group, in the case of the E-mini. The 5% in my example is higher than the actual margin requirement, which is currently $3,850 USD per contract, but it keeps the numbers simple. Also note that CME group refers to the initial margin as the performance bond instead."}
{"_id": "273790", "title": "", "text": "Short answer: NO, there is no financial benefits for you to expect in a local currency even if some might give tiny discounts on local sales. Local currencies are attractive for small business or communities, they are perfectly legal and starting to be popular in a lot of places. Local currencies encourage individuals and businesses to exchange goods and services locally.  Using them is like investing in your community. It could give you the feeling of doing something good for your community. Check this article for a discussion on the subject.  They should not be considered investments. Local currencies do not offer the same financial security and some could be like monopoly money, but that would be another subject or question to debate.  So, to summarize: no money to be made for your personal use, but some real social and financial benefits for your community. Would'nt that be a kind of personal benefit for you ?"}
{"_id": "273820", "title": "", "text": "Your Purchase and Sale agreement should have a financing contingency. If it doesn't, your money may be at risk, and the agent did you no favor. Edit - I answered when away from computer. This is a snapshot of the standard clause from the Greater Boston Real Estate Board. Each state has its own standard documents.   The normal process is to have some level of prequalification, showing a high probability of final approval, make offer, then after it's accepted, this form is part of the purchase and sale process."}
{"_id": "273829", "title": "", "text": "With the Employee Stock Purchase Plan stock, if you sell it in less than 18 months from exercise, the discount you bought it at (normally 15%) becomes taxable income and included in your W-2."}
{"_id": "273837", "title": "", "text": "More money doesn't make people richer in the sense that if the govt gave every citizen a $1 they would all still have the same amount of wealth and purchasing power, but their nominal value in dollar terms would be $1 higher. Money is just the denominator in exchange, so lets say a bicycle is $100 and a scooter is $200, you know that 2 bikes equals 1 scooter. So printing $100 for people to each buy a bicycle will just make the price of bikes go up, and they'll end up costing much more than $100, so no real wealth has been created.   The main problem that I think you're trying to identify i that we've had an over-expansion of credit by central banks around the world. The scarcity of credit is a good thing because it forces only the best, most productive ideas to be allowed to be undertaken. If a bank only has $10 to loan, and business man A can use that to have a return of 50%, business man B can have 25%, and business man C can have 5%, then the obvious choice is to give the loan to business man A because he is using the resources most productively, and depending on the details of his business model, is the least risky person to loan to (ie the bank is most assured he will be able to pay his money back). But with central banks controlling interest rates, and reserve requirements for banks, the banks can lever themselves up and lend out much more money than they've taken in. After all if a bank can finance its reserves with low interest rates, but make additional money from increased lending, then they are incentivised to seek higher profits. Especially with the FDIC insuring everyone's bank deposits. So now businessmen A, B and C all get their loans and are able to start their businesses, but they're all in the same line of work and need to utilize the same resources. So now instead of just businessman A buying materials he has two other buyers looking to utilize a scarce amount of resources. The price of those resources is now higher since supply is limited but demand has tripled. So now businessman A can only make 40% through his business, B can make 5% and businessman C loses money in his venture. A and B pay their loan back but C is unable to. Ignoring interest, for the sake of simplicity, the bank has essentially broken even. Before leveraging up they loaned out $10 and got back $10. After leveraging they loaned out $30 and got back 20. So the problem you're seeing is excessive credit permitting ventures to be undertaken that should not have been allowed to be. The problem is interest rates that are not set by the market, but by a centralized bureau who couldn't possibly have enough information to determine what the cost of financing should be."}
{"_id": "273839", "title": "", "text": "That's nice and this perspective frankly what I'd expect from an economist, but as a political scientist, I know that military power is a function of platform capability even more than cost effectiveness.  China is several generations behind on many of its combat platforms which means theyll just die in greater numbers.  Equating Chinese military capability to American on the basis of GDP-PPP is just stupid.  Or more specifically, is misses how we measure power.  The day they've got a dozen fully operational carrier battle groups get back to me."}
{"_id": "273851", "title": "", "text": "*[Tips til at kommunikere bedre med dine medarbejdere](http://www.washingtonpost.com/blogs/on-leadership/wp/2014/08/08/tips-for-communicating-better-with-your-employees/)*  Er du tilfreds med niveauet af kommunikation fra din agenturet ledere?  Min organisation, partnerskab for Public Service, og Deloitte, for nylig analyseret regering-d\u00e6kkende svar til tre medarbejder unders\u00f8gelsessp\u00f8rgsm\u00e5lene at se hvordan f\u00f8derale ledere gjorde vedr\u00f8rende deres kommunikation med arbejdstagerne. Resultaterne var ikke meget opmuntrende.  Samlet set fundet analyse, at kun omkring halvdelen af f\u00f8derale arbejdstagere regering-wide er tilfredse med den meddelelse, de modtager fra h\u00f8jtst\u00e5ende ledere, og procentdelen af positive svar har v\u00e6ret faldende siden 2009.  Kun 45 procent af statslige medarbejdere, for eksempel, reageret positivt n\u00e5r du bliver spurgt i en 2013 unders\u00f8gelse sp\u00f8rgsm\u00e5l om de er tilfredse med de oplysninger, de modtager form *[forvaltning](http://theshearingroups.org/)* med hensyn til hvad der foreg\u00e5r i organisationen. Derudover rapporteret kun 48 procent af statslige medarbejdere at v\u00e6re tilfreds med i omfang som ledere fremmer kommunikationen mellem arbejdsenheder. Ledere var mere vellykket, n\u00e5r det kom til at kommunikere og prioriteterne for organisationen, med 58 procent registrering positivt.  Den nederste linje er at f\u00f8derale ledere kan og b\u00f8r g\u00f8re bedre, og i den proces, de vil hj\u00e6lpe med at forbedre medarbejdertilfredshed med deres arbejdspladser og arbejdspladser. Hvis du vil oprette en mere engageret og motiveret arbejdsstyrke, agenturet ledere bliver n\u00f8dt til at etablere en effektiv kommunikationsstrategi, som omfatter at holde medarbejderne orienteret om vigtige udviklinger, giver klarhed om m\u00e5l og prioriteter, og om oprettelse af et middel til at modtage og svare p\u00e5 feedback.  Som en generel regel fandt partnerskabets analyse, at agenturer f\u00e5r h\u00f8je karakterer fra medarbejdere p\u00e5 ledelseskommunikation tendens til at v\u00e6re proaktiv, at g\u00f8re en samordnet indsats for at holde arbejderne informeret.  Her er nogle metoder, der kunne hj\u00e6lpe f\u00f8derale ledere kommunikere bedre med medarbejdere:  *G\u00f8re kommunikationen prioriteres konsekvent.* Etablering af effektive ledelseskommunikation kr\u00e6ver et langsigtet fokus, ikke blot kortvarig initiativer. Der er flere steder hvor medarbejdere kan modtage oplysninger fra h\u00f8jtst\u00e5ende ledere, lige fra kvartalsvise call-ins til i-person og virtuelle r\u00e5dhus m\u00f8der. NASA, v\u00e6rt for eksempel en virtuel executive-topm\u00f8det, der tillader Administrator Charlie Bolden til at oprette forbindelse med medarbejdere i forskellige geografiske placeringer ved hj\u00e6lp af online v\u00e6rkt\u00f8jer. NASAs ledere s\u00f8ger ogs\u00e5 aktivt medarbejder feedback via fokusgrupper og unders\u00f8gelser, tilpasning af sp\u00f8rgsm\u00e5l baseret p\u00e5 deres umiddelbar relevans til agenturet.  *Kommunikere gennem flere platforme.* For at kommunikere effektivt med alle medarbejdere, skal agenturet ledere bruge flere platforme. Fra mere konventionelle midler af ledelseskommunikation, s\u00e5som one-on-one diskussioner og e-mails, til mere innovative kommunikationsmetoder som videokonferencer og sociale medier b\u00f8r ledere udnytte en r\u00e6kke platforme for at kommunikere med medarbejderne.  *Bevare \u00e5bne linjer mellem ledere og medarbejdere.* Effektiv kommunikation er kun mulig, n\u00e5r de i topstillinger opretholde \u00e5ben, direkte linjer med medarbejdere. Agenturer kan fremme underretningen af hosting office timer hvor medarbejdere m\u00f8des direkte med ledere, og ved at organisere webinars, at give ledere overvinde geografiske forhindringer og engagere medarbejdere placeret udenfor agenturets hovedkvarter.  *Implementere medarbejder forslag.* Hverve medarbejdernes udtalelser er et indledende skridt hen imod forbedring af agenturet meddelelse. Blot indsamle disse ideer, men g\u00f8r ikke meget for at forbedre tilfredshed, hvis medarbejdere mener, at agenturets ledelse ikke bruger deres feedback. N\u00e5r ledere gennemf\u00f8re ideer genereret af agenturets personale, modtager medarbejdere et klart budskab at deres stemme er b\u00e5de h\u00f8rt og vurderet. Department for transport (DOT) lanceret et online community, IdeaHub, hvor agenturet medarbejdere kan indsende og samarbejder om ideer til at drive innovation og \u00e6ndre. N\u00e5r disse id\u00e9er er raffineret, er de fremsendes online for alle til agenturet og til den person, der oprindeligt blev forelagt ideen. Dermed viser dots lederskab, kommunikation med ansatte tages alvorligt.  *L\u00e6s ogs\u00e5:* [Shearin Group Training Services News](http://theshearingroups.org/news/)"}
{"_id": "273861", "title": "", "text": "You weren't really clear about where you are in the world, what currency you are using and what you want your eventual asset allocation to be. If you're in the US, I'd recommend splitting your international investment between a Global ex-US fund like VEU (as Chris suggested in his comment) and an emerging markets ETF like VWO.  If you're not in the US, you need to think about how much you would like to invest in US equities and what approach you would like to take to do so. Also, with international funds, particularly emerging markets, low expense ratios aren't necessarily the best value. Active management may help you to avoid some of the risks associated with investing in foreign companies, particularly in emerging markets. If you still want low expenses at all cost, understand the underlying index that the ETF is pegged to."}
{"_id": "273866", "title": "", "text": "All forms of liquid investing necessarily have the same expected value. If any one form were more profitable, money would flood in, equalizing it. Day trading is unusual in two key ways. First, although the expected value is the same, the risk profile is very different. For example, would you wager a dollar on the flip of a coin?  You might.  Why not, after all? Would you wager a million dollars?  Probably not. The risk is too great. Similarly, day trading can easily lose you all of your investment, which is why you should be careful doing it. (In his memoirs Liar's Poker, Michael Lewis tells an anecdote about a rich bond trader who proposes a million-dollar, even-money bet with his rival, an amount both could just barely afford to lose.  The rival, not wanting to play but not wanting to lose face by declining, accepted.. with the proviso that the stakes be raised to 10 million dollars! The trader backed down.) Also, the efficient market only guarantees the price will be efficient.  It says nothing about transaction costs.  A busy day-trader can easily incur thousands in commission and other fees."}
{"_id": "273882", "title": "", "text": "\"My assumption is she probably was inspired to start making better baby clothes and care products and was put in touch with someone who had a similar vision. Alba was likely the financial side while the other partner was the knowledge/product side. With Alba's name the product could really be anything, but she's smart and is hitting up the \"\"all natural\"\" type mommy blogger audience. They are like nascar fans of bullshit concepts and would eat this shit right up. It's a very smart move for Alba.  ...found the site. I was pretty close.  https://www.honest.com/about-us/who-we-are\""}
{"_id": "273884", "title": "", "text": "\"In Australia there are cases for the argument. 1) We have laws against unfair dismissal that do not apply above certain thresholds. Your position is more secure with the lower salary. 2) Tax benefits for families are unfairly structured such that take home pay may actually be less, again due to a threshold. This tends to benefit charities as people need to shed the taxable income if a repayment of benefits would otherwise be triggered. 3) You do not want to \"\"just cross\"\" a tax bracket in a year where levies are being raised for natural disasters or budget shortfall. In this case a raise could be deferred ?\""}
{"_id": "273906", "title": "", "text": "Those are the three books that were considered fundamental at my university: Investments - Zvi Bodie (Author), Alex Kane (Author), Alan Marcus (Author), Stylianos Perrakis (Author), Peter Ryan (Author) This book covers the basics of financial markets. It explains how markets work, general investing principles, basic risk notions, various types of financial instruments and their characteristics and portfolio management principles. Futures and Options markets - John C. Hull This book goes more in depth into derivatives valuation and the less common / more complex instruments. The Handbook of Fixed Income Securities This books covers fixed income securities. In all cases, they are not specifically math-oriented but they do not shy away from it when it is called for. I have read the first and the other two were recommended by professors / friends now working in financial markets."}
{"_id": "273925", "title": "", "text": "\"You're making $100k together per year: you're not in the donut hole, you're in the top 25% of all households, and the top 10% of non-family households (as yours would be).  To be blunt, you're not in the \"\"rely on assistance\"\" area: you're in the \"\"save up for your downpayment\"\" sector. My suggestion would be to figure out a way to save more than $200-$400 a month for now.  $100k gross income means you have about $8k net income per month; $2k for rent and other necessities means you have $6k per month that you can potentially save.  Even half of that - $3k per month - means you have $24000 saved by the end of this year, and $36000 on an annual basis. As far as marriage or domestic partnership - I wouldn't get into one based on whether it helps you afford a home.  It might be a good idea because it helps you handle some of the details arising when you have joint property, perhaps, but not solely for the financial aspect. And as far as how much home is realistic?  $250k is certainly realistic if you can save up enough for a good down payment.  Try to get to the 20-25% range.  If you're already halfway there, another year of renting won't kill you, and it will mean no PMI and much better rates.   Also consider a 15 year mortgage; we're in the same general income category as you and manage a 15 year on a $250k range house quite nicely.  It doesn't add all that much to your monthly payment amount, compared to what you'd expect - particularly since the monthly payment includes property taxes which won't increase based on the length of the mortgage. Now that we have actual numbers from the OP: So, without cutting anything, you have $2k yourself you can be saving.  (This assumes your rent number of $1345 is your portion of rent, and not the 100% amount.)  That's $24000 per year, just by yourself.  On top of that, you've got another $40k or so coming from your partner, at least some of which should be available as well if he/she is going to be co-owning?  But if not, at least you have about $2000 a month you can be saving.  You could also downsize the car, cut cable TV, downsize the phone, and have another $500 or so available - but it doesn't really look like you need to do that, given how much you have available now. I'd look at what you're doing with that ~$2000 per month right now, and see how you can free most of it up.  You haven't mentioned a few things like utilities, not sure if that's just forgetfulness or if your partner is paying them; so perhaps not all of it is available.  But - even $1000 a month is $12000 to add to the $20000 you have now, which makes a big dent in that down payment.\""}
{"_id": "273937", "title": "", "text": "\"Summary: The phrase \"\"short sale circuit breaker\"\" rule normally refers to the SEC's recent adoption of a new version of the uptick rule. The new uptick rule triggers a ban on short selling when the stock drops a certain amount. The SEC defines the process like this: The \"\"circuit breaker\"\" is triggered for a security any day the price declines by 10% or more from the prior day's closing price The alternative uptick rule, which permits short selling only \"\"if the price of the security is above the current national best bid.\"\"1 The rule applies \"\"to short sale orders in that security for the remainder of the day as well as the following day.\"\" In general, the rule applies to all equities. 1) The national best bid is usually the bid price that you see in Level 1 data.   Example: If a stock closed at $100/share on Monday, the \"\"circuit breaker\"\" would be triggered if the stock traded at or below $90/share during Tuesday's session. Short-selling would be disallowed until the start of trading on Thursday unless the short-sell price is above the national best bid, i.e. on an uptick. Purpose: The stated purpose of this rule is promote market stability and preserve investor confidence by restricting potentially abusive short selling from driving prices farther downward during periods of increased volatility and downward price pressure. Whether or not such rules succeed is a matter of some debate, and the SEC removed similar uptick rules in 2006 because \"\"they modestly reduce liquidity and do not appear necessary to prevent manipulation.\"\" Exceptions: There are a few exceptions to the uptick rule that mainly revolve around when the short sell order was placed or when the securities will be delivered.\""}
{"_id": "273944", "title": "", "text": "I found the answer to what you're looking for in the PayPal Help Center. Refer specifically to the question PayPal - How much do you charge to my card when confirming my debit or credit card?.  Quote: We take the extra step to confirm your card so that we can verify that the   card is valid and that you are the card owner.  To confirm your card, we\u2019ll charge $1.95 to it. After the card is confirmed,   we\u2019ll refund the amount to your PayPal balance.  Here are amounts for cards in other countries:   If we can\u2019t determine or don\u2019t support your card\u2019s currency, we charge   $1.95 USD to the card.  (Refer directly to PayPal for potentially more up-to-date information.)"}
{"_id": "273947", "title": "", "text": "\"Exactly what accounts are affected by any given transaction is not a fixed thing. Just for example, in a simple accounting system you might have one account for \"\"stock on hand\"\". In a more complex system you might have this broken out into many accounts for different types of stock, stock in different locations, etc. So I can only suggest example specific accounts. But account type -- asset, liability, capital (or \"\"equity\"\"), income, expense -- should be universal. Debit and credit rules should be universal. 1: Sold product on account: You say it cost you $500 to produce. You don't say the selling price, but let's say it's, oh, $700. Credit (decrease) Asset \"\"Stock on hand\"\" by $500. Debit (increase) Asset \"\"Accounts receivable\"\" by $700. Credit (increase) Income \"\"Sales\"\" by $700. Debit (increase) Expense \"\"Cost of goods sold\"\" by $500. 2: $1000 spent on wedding party by friend I'm not sure how your friend's expenses affect your accounts. Are you asking how he would record this expense? Did you pay it for him? Are you expecting him to pay you back? Did he pay with cash, check, a credit card, bought on credit? I just don't know what's happening here. But just for example, if you're asking how your friend would record this in his own records, and if he paid by check: Credit (decrease) Asset \"\"checking account\"\" by $1000. Debit (increase) Expense \"\"wedding expenses\"\" by $1000. If he paid with a credit card: Credit (increase) Liability \"\"credit card\"\" by $1000. Debit (increase) Expense \"\"wedding expenses\"\" by $1000. When he pays off the credit card: Debit (decrease) Liability \"\"credit card\"\" by $1000. Credit (decrease) Asset \"\"cash\"\" by $1000. (Or more realistically, there are other expenses on the credit card and the amount would be higher.) 3: Issue $3000 in stock to partner company I'm a little shakier on this, I haven't worked with the stock side of accounting. But here's my best stab: Well, did you get anything in return? Like did they pay you for the stock? I wouldn't think you would just give someone stock as a present. If they paid you cash for the stock: Debit (increase) Asset \"\"cash\"\". Credit (decrease) Capital \"\"shareholder equity\"\". Anyone else want to chime in on that one, I'm a little shaky there. Here, let me give you the general rules. My boss years ago described it to me this way: You only need to know three things to understand double-entry accounting: 1: There are five types of accounts: Assets: anything you have that has value, like cash, buildings, equipment, and merchandise. Includes things you may not actually have in your hands but that are rightly yours, like money people owe you but haven't yet paid. Liabilities: Anything you owe to someone else. Debts, merchandise paid for but not yet delivered, and taxes due. Capital (some call it \"\"capital\"\", others call it \"\"equity\"\"): The difference between Assets and Liabilities. The owners investment in the company, retained earnings, etc. Income: Money coming in, the biggest being sales. Expenses: Money going out, like salaries to employees, cost of purchasing merchandise for resale, rent, electric bill, taxes, etc. Okay, that's a big \"\"one thing\"\". 2: Every transaction must update two or more accounts. Each update is either a \"\"debit\"\" or a \"\"credit\"\". The total of the debits must equal the total of the credits. 3: A dollar bill in your pocket is a debit. With a little thought (okay, sometimes a lot of thought) you can figure out everything else from there.\""}
{"_id": "273948", "title": "", "text": "\"The problem is we are more productive.  Even with all the \"\"bloat\"\" and bean counting we are still more efficient.  If you look at the food chain alone.  Not to mention an entire services section.  That said one theme of many of my professors was that it all comes back to food/farming.\""}
{"_id": "273960", "title": "", "text": "Let the man be. If you've tried again and again to convince him, and haven't, maybe he doesn't want to be convinced. It's his money, and he has every right to manage it as he sees fit. You can advise him, but its his call whether he accepts your advice or not, and for what reasons. And suppose you push and push and it gets through? Now either he has more money than he would otherwise, and he's happy he has such a smart friend. Or he loses 30% of his money, and you're trying to tell him that he's going to earn it back in due time, but you can't, because he's not talking to you. Ever. What do you think is the mean benefit to your friendship?"}
{"_id": "273971", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://uk.reuters.com/article/uk-india-us-medtech-exclusive-idUKKBN19A0SE) reduced by 84%. (I'm a bot) ***** &gt; NEW DELHI A group of U.S. lawmakers has backed medical device makers by urging India to reconsider its decision to cap prices of heart stents, raising the issue ahead of Prime Minister Narendra Modi&amp;#039;s visit to the United States later this week.  &gt; In a letter sent to the Indian ambassador to Washington last month, and seen by Reuters, 18 members of Congress said they were &amp;quot;Troubled&amp;quot; by the price cap, warning that it could deter firms from launching new medical products in India.  &gt; Boston Scientific - which also has a research base near New Delhi - sought a higher price for one of its stents but a government panel declined the request.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6i53ir/a_group_of_us_lawmakers_has_backed_medical_device/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147648 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **price**^#1 **India**^#2 **medical**^#3 **stent**^#4 **device**^#5\""}
{"_id": "273978", "title": "", "text": "Re-invest it in the business, invest it long-term somewhere. It is a very bad business practice to have too much cash lying around. That cash could either generate a higher profit % used in the business or it could generate more money long term being invested somewhere. It seems apple has now done the latter, up until now it's been largely invested in cash-like things."}
{"_id": "273989", "title": "", "text": "Can a third party deposit to my account? (Say I'm selling something and I ask him/her to just deposit the payment to my account? No, but PayPal."}
{"_id": "273992", "title": "", "text": "From an Indian Tax point of view, you can bring back all the assets acquired during the period you were NRI back to India tax free. Subject to a 7 years period. i.e. all the assets / funds / etc should be brought back to India within 7 years. It would still be treated as There are certain conditions / paperwork. Please consult a CA."}
{"_id": "273998", "title": "", "text": "\"Companies often provide cafeteria, or catering services, to employees tax-free at subsidized rates. I'll use \"\"cafeteria\"\" as an illustration. The IRS says that in order to avoid lunch being taxed as income, the employees must pay the \"\"direct costs\"\" of the lunch, food and labor. In addition to those costs, cafeterias add two more items to come up with the total tab; \"\"overhead,\"\" (the cost of renting the space), and of course, profit. The company can waive the last two, and charge employees only materials and labor. That's why subsidized cafeteria food can cost as little as half of what it would cost elsewhere.\""}
{"_id": "274011", "title": "", "text": "For sure they are about to take a hit through winter. People in California either have solar, waiting for better technology (mostly cause by hype of Tesla home batteries) or hate it because of the looks. Then there are people who have shade / low electric bills and just aren't qualified.   I've had my whole division in solar (managers, everyone) be laid off in two different companies in two years, after getting promoted too :(. One filed for bankruptcy recently the other has been around awhile and might barely survive...another asked me for an interview...nah I can't take another lay off."}
{"_id": "274019", "title": "", "text": "TL;DR.: Because eventually the CC issuer will pass the fraud bill to the customer, in the form of increased fees and/or taxes. Even with no liability in the case of fraud, the customer should put effort into security measures with their card. The expense from fraud may be the sole burden of the credit issuer / bank as per Ben Miller's answer, but this expense will someday find its way into the customer's pockets: Disclosure, i work at a bank. A banks' best ability probably is risk management. The ones that were bad at this probably went under in the last four decades. With regulations such as SOx, Basilea, and others, it is impossible for a bank to neglect risk management. Every expense, including operational losses, a bank incurs will reflect in increased fees / interest rates for the customers. So in the case of a sharp raise of credit card fraud, the banks will soon take measures to reduce these losses. That may mean canceling the cards of high-risk groups of customers, increasing fees or interest. A particular customer that is often the target of fraud (way more than the average for that customer's demographic) will probably see his card not renewed or even cancelled, or his limits decreased and/or rates/fees going up."}
{"_id": "274024", "title": "", "text": "\"They justify it to themselves by saying \"\"oh, they're a big bad corporation and i'm a little guy, it's social justice.\"\" Anyway, it's been proven that many people who are normally upstanding citizens don't bring the same morals with them when using technology. I'm guessing it's the anonymity that's the big factor.\""}
{"_id": "274031", "title": "", "text": "I appreciate having an attorney\u2019s thoughts.  Clearly, we have different optics.  Mine is as a consumer, who has never actively sought out being a member of a class in a class action suit, but have had it foisted on me. In each case, the settlement was either a very nominal amount (e.g. $1.29) or a coupon or credit for future services from the company that allegedly had wronged me.  In virtually each settlement, the attorneys got handsome fees and the firms were protected from future similar suits from anyone who had not gone through the process of opting out.   In one case, however, I and all other members of the class (except the lead plaintiffs, I presume) were to get nothing, while the attorneys were to get literally a half a billon dollars.  The notion was that members of the class had \u201ceaten the evidence,\u201d the same evidence that somehow justified $500,000,000 compensation to the lawyers.  Of course you recognize that as the Subway/Foot Long Sub case, where Subway was guilty of the monumental crime of selling foot long subs that were not necessarily 12 inches long (oh, the horror). So let me ask you: From your optic, how do we protect consumers\u2019 rights while eliminating the incentives for frivolous suits, or suits in which the consumer gets nothing of value?  (And I include the \u201ccoupon setttlements\u201d as consumers getting nothing of value, as they require the consumer to further patronize the perpetrator of the alleged wrong doing.)."}
{"_id": "274039", "title": "", "text": "\"No.  It is known as the \"\"Chinese curse\"\" look it up in Google...   &gt; \"\"May you live in interesting times\"\" is an\u00a0English expression\u00a0purported to be a translation of A traditional\u00a0Chinese\u00a0curse. While seemingly a blessing, the expression is always used ironically, with the clear implication that 'uninteresting times', of peace and tranquillity, are more life-enhancing than interesting ones, which from historical perspective usually include disorder and conflict. &gt; &gt; Despite being so common in English as to be known as the \"\"Chinese curse\"\", the saying is\u00a0apocryphal, and no actual Chinese source has ever been produced.\""}
{"_id": "274043", "title": "", "text": "Advantages of paying off debt: Potential advantage of remaining in debt:"}
{"_id": "274050", "title": "", "text": "Keep in mind that if you choose a loan for the boat, you may be required by the lender to maintain a minimum coverage of insurance during the term of the loan. Further, some states require you to carry some level of liability insurance on your boat, and some entities require liability insurance when using certain bodies of water within their jurisdiction. If neither apply to you, and if you could suffer the loss of the boat itself, could you similarly suffer the damages caused by your boat if you lose control?  Let's say you hit a much larger, more expensive boat, or your boat breaks free from it's dock and damages the dock well beyond the cost of your boat. Are you also able to withstand these costs? If not, you may want to invest in minimum liability insurance. If, at this point, you are still convinced that you are not at financial risk due to the boat, I'd strongly suggest a plan of self insurance.  Take the money you would normally spend on insurance, and invest it in low risk investments that can be liquidated in a matter of months.  If you do have a problem with the boat, your risk is mitigated by the self-insurance.  If you don't, then you have not only saved that money, but increased its value."}
{"_id": "274053", "title": "", "text": "It seems like there is a really good reason for that code  &gt;In July, Chief Executive John Mackey apologized to shareholders for posting messages on a Yahoo Inc chat forum under an alias for years. The postings talked up Whole Foods while criticizing rival Wild Oats Markets Inc, which it later bought.  http://mobile.reuters.com/article/idUSN0742771620071107"}
{"_id": "274068", "title": "", "text": "&gt;so it's a pretty useless and obvious observation.  Well, if you're trying to figure out what the difference is between 1920 and today, I think that it's important to know that there's a whole lot more debt being taken out, and that debt service is transferring a lot of money from people without money who want stuff *now* to people with money who want to lend it.  Here's a graph of [public debt in the US from 1920 to today](http://www.theatlantic.com/business/archive/2011/07/chart-of-the-day-americans-income-and-the-us-debt/241463/) that I mentioned further down.  Inflation-adjusted and per-capita.  Every time that line inches up, it means more taxes or fewer services in the long run, as wealth is constantly siphoned over to lenders.  It's gone up by an tremendous factor since the time of our great grandfathers."}
{"_id": "274079", "title": "", "text": "\"The bottom line is you broke the law.  While this is pretty much victimless, it is none the less a violation of the law and should be avoided in the future.  I would have not agreed to this as a parent and it sets a bad precedent.  As such I would avoid trading and move the money into cash until you turn 18.   Once you turn 18 you should transfer the money into an account of your own.  From there you may proceed as you wish. As far as paying taxes, of course you need to pay them.  Your mother did this as a favor to you and by doing such you caused her tax bill to rise.  As a gesture of goodwill you should at least provide her with half of the profits, not the 15% you propose.  Fifteen percent would be the \"\"I am an ungrateful son\"\" minimum, and I would seriously consider giving all of the profits to her.\""}
{"_id": "274091", "title": "", "text": "They are not required to fulfill the trade that they have intended to execute.  They are able to cancel or modify the trade at any point.  Example: This is how insiders are able to manipulate the price of shares through there buying and selling intentions.  A CEO would be able to disclose a buy order for a month from now, or whatever time period is required.  This would most likely increase the price of the stock as investors would see this as a good sign of company performance.  Up until the point when the buy order is scheduled to execute the CEO can then cancel the order and create a new sell order.  Since the stock is high in price, his new order is likely to make him money based on the manipulation from his trading intentions.   I am not an expert on the subject and only know as much as I do through personal research. Here is an interesting article about this kind of insider trading and manipulation:http://dealbook.nytimes.com/2012/12/10/the-fine-line-between-legal-and-illegal-insider-trading/?_r=0"}
{"_id": "274092", "title": "", "text": "The Database For Business help companies gain control over their existing data and keep secure with cost effective database cleansing and enrichment. We verify the main services of a company, cleanse, and append any sales and marketing database. It is a trustable directory in the Dubai company list, main resulting clean database leads to improved campaign response and greater for your sales and marketing campaigns. It is one of most business directories in Dubai, because we have the latest technology of database service at the affordable price."}
{"_id": "274108", "title": "", "text": "Can I pay $12,000 extra once a year or $1000 every month - which option is better? Depends when. If you mean 12K now vs 1K a month over the next 12 months, repeating this each year, now wins. If you mean saving 1K a month for 12 months then doing a lumpsum, the 1K a month wins. Basically, a sooner payment saves you more money than a later payment. The first option does sound better, but for a 30 year mortgage, is it that significant? Your number one issue is that you have a thirty year mortgage. The interest you pay on it is monstrous. For the 30 year term, you pay around 500K in interest. A 15-year mortgage is 300K cheaper (only 200K in interest will be paid). The monthly payment would be 1250 more. How much money and years on a mortgage can I save? When is the best time to pay? At the end of each year? You can knock off about a dozen years. Save I think ~250K. You can find mortgage calculators online or talk to your mortgage advisor to play around with the numbers."}
{"_id": "274122", "title": "", "text": "\"Mathematically, the wisest choice is to invest your extra money somewhere else and not pay off your 0% loan early. An extreme example highlights this. Suppose some colossal company offered to loan you a billion dollars at 0 % interest. Would you take it? Or would you say \"\"No thanks, I don't want that much debt.\"\" You would be crazy not to accept. You could put that money in the safest investments available and still pocket millions while making the minimum payments back to them. Your choice here is essentially the same, but unfortunately, on much smaller scale. That said, math doesn't always trump other factors. You need to factor in your peace of mind, future purchases, the need for future borrowing, your short term income and job security, and whether you think you can reliably make payments on this loan without messing up and triggering fees that wipe out the mathematical advantage of slow paying the loan. You are fortunate because you really can't make a wrong choice here. Paying off debt is never a bad choice IMO. However, it may not always be the best choice.\""}
{"_id": "274145", "title": "", "text": "&gt; After 100 days, we sent a certified letter via USPS. In this letter we included an itemized list of the unpaid projects as well as firmer, more concrete deadlines in which we expected the client to pay.  Interesting idea. I like it :)"}
{"_id": "274147", "title": "", "text": "I am sorry to say, you are asking the wrong question. If I own a rental that I bought with cash, I have zero mortgage. The guy I sell it to uses a hard money lender (charging a high rate) and finances 100%. All of this means nothing to the prospective tenant.  In general, one would look at the rent to buy ratio in the area, and decide whether homes are selling for a price that makes it profitable to buy and then rent out.  In your situation, I understand you are looking to decide on a rent based on your costs. That ship has sailed. You own already. You need to look in the area and find out what your house will rent for. And that number will tell you whether you can afford to treat it as a rental or would be better off selling.  Keep in mind - you don't list a country, but if you are in US, part of a rental property is that you 'must' depreciate it each year. This is a tax thing. You reduce your cost basis each year and that amount is a loss against income from the rental or might be used against your ordinary income. But, when you sell, your basis is lower by this amount and you will be taxed on the difference from your basis to the sale price.  Edit: After reading OP's updated question, let me answer this way. There are experts who suggest that a rental property should have a high enough rent so that 50% of rent covers expenses. This doesn't include the mortgage. e.g. $1500 rent, $750 goes to taxes, insurance, maintenance, repairs, etc. the remaining $750 can be applied to the mortgage, and what remains is cash profit.  No one can give you more than a vague idea of what to look for, because you haven't shared the numbers. What are your taxes? Insurance? Annual costs for landscaping/snow plowing? Then take every item that has a limited life, and divide the cost by its lifetime. e.g. $12,000 roof over 20 years is $600. Do this for painting, and every appliance. Then allow a 10% vacancy rate. If you cover all of this and the mortgage, it may be worth keeping. Since you have zero equity, time is on your side, the price may rise, and hopefully, the monthly payments chip away at the loan."}
{"_id": "274156", "title": "", "text": "It's sort of the sum of stock prices, but bigger companies are weighed more heavily."}
{"_id": "274160", "title": "", "text": "College= 12786 grand a quarter = 38358 grand a year. Got loans of 5640.00 and scholarships of 5976.00 so leaves me 26742.00. Family is expected to put in that amount. Family dose not make a lot. Does not live high on the hog. I want to live a dream that I know I can work for but how do I pay. BTW I got the first 2 years covered with scholarships and military benefits. Dad put in his time so I could do this. I need advice. I will apply for things. I work every summer in jobs where I do see the wealthy enjoy the sport and not the grunt work. I go to a school where the wealthy go and they get the scholarships but they honestly can afford to not. If you pay 40 plus grand for a horse you don't need the 25 grand scholarship. They are lucky I know I have to work and I will; just need more advice on how to cover the cost of the dream :):)"}
{"_id": "274165", "title": "", "text": "As Waldfee says, CFDs are a derivative (of the underlying stock in this case). If you are from the USA then they are prohibited in the USA as has also been mentioned. They are not prohibited, however, in many other countries including Australia.  We can buy or short sell (on a limited number of securities) CFDs on Australian securities, USA securities and securities from many other countries, on FX, and different commodities. The reason you are paying much less than the actial stock price is worth is because you are buying on margin. When you go long you pay interest on overnight positions, and when you go short you recieve interest on overnight positions (that is if you hold the position open overnight). Most CFDs are over the counter, however in Australia (don't know about other countries) we also have exchange traded CFDs called ASX CFDs. I have tried both ASX CFDs and over the counter CFDs and prefer the over the counter CFDs because the broker provides a market which closely but not exactly follows the underlying prices. Wlth the exchange traded CFDs there was low liquidity due to being quite new so there was the potential to be gapped quite considerably. This might improve as the market grows. All in all, once you understand how they work and what is involved in trading them, they are much easier than options or futers. However, if you are going to trade anything first get yourself educated, have a trading plan and risk management strategy, and paper trade before putting real money on the table. And remember, if you are in the USA, you are actually prohibited from trading CFDs. Regarding the price of AAPL at $50, the price should be the same as that of the underlying stock, it is just that your initial outlay will be less than buying the stock directly because you are buying on margin. Your initial outlay may be as little as 5% or lower, depending on the underlying stock."}
{"_id": "274169", "title": "", "text": "\"That's like saying it's \"\"better\"\" to own a digital photograph of Einstein than a hand painted portrait of him.  Obviously the digital version is lossless and more accurate, but music is quite literally more art than science. Many people prefer the physical nature of vinyls and the sound of them over the lossless digital versions. It's no different than someone preferring a portrait over a photograph.   Or consider someone who loves horses having [art like this in this home.](https://i.gyazo.com/0467bcadcb34574b9526093acc8a2e9c.png) If they say nothing looks better than some minimalist horse art, are you going to go up to them and say \"\"*Incorrect. Original photograph of the source horse, encoded in RAW, and displayed on 8K 144hz IPS LCD monitor is best.*\"\"  Is FLAC a more accurate representation of what the producer wanted the music to sound like? Yes. Is that sound something that most people prefer over vinyl? That's as subjective as anything can be.\""}
{"_id": "274188", "title": "", "text": "I am an Israeli based citizen who represents and Indian company who sells its products in Israel. As an agent I am entitled to commission on sales on behalf the Indian company who advised that. Any commission paid to you will be applicable to TDS at 20.9% of the commission amount, the tax will be paid and a Tax paid certificate will be given to you.   According to a Bilateral Double tax avoidance treaty if the tax has been deducted in India you will get credit for this tax in Israel."}
{"_id": "274189", "title": "", "text": "Dental implant surgery is your best bet if you\u2019re looking for a more permanent set of replacement teeth and are declared to be a suitable candidate. Compared to a removable denture, a dental implant consists of a sturdy tooth root that holds the artificial crown in place."}
{"_id": "274196", "title": "", "text": "All the transactions in your account are recorded.  All the transactions in the vault account are recorded.  What's not necessarily recorded is how the vault transactions are related to your account transactions. This is where the theft can be hidden for years.   EDIT: And I'm willing to bet they were treating bonds as cash for accounting purposes. If so, you can't even just look at when the balances diverged."}
{"_id": "274227", "title": "", "text": "This really should be a comment, but I can't yet. The question desperately needs a location tag. In at least some countries(New Zealand), the default action on all insufficient funds transactions is to refuse the transaction. Credit cards are the only common exception. Every bank operating in NZ that I know of acts this way. Sometimes there is a fee for bouncing a transaction, sometimes not, that depends on the bank. Any other option must be explicitly arranged in writing with the bank. Personally, coming from a country where declining transactions is the default, I'd be shocked and angry to be stuck with an automatic transfer from another account. Angry enough to change banks if they won't immediately cease and desist."}
{"_id": "274228", "title": "", "text": "&gt;Much of the evidence in support of a skills gap could be explained by employers who are no longer willing to train their employees **or raise salaries**, and instead want to be able to hire people with exactly the right skills\u2013and on the cheap.  I think we might have just stumbled upon the problem.  If the salary is right, people have a knack for finding the training."}
{"_id": "274248", "title": "", "text": "We provide subsidies to the rest of the world. We pay more than full price so foreign markets can get their discounts through universal healthcare systems. We do the same other industries, too.   We need caps on drug prices. Let companies raise the prices elsewhere. Europe? China? Why not? We have kept the boat afloat long enough. They can take their turns bailing water."}
{"_id": "274276", "title": "", "text": "Nutritionists counseled them in person and by phone, promoting regular exercise and urging them to eat more vegetables and less fat.   Why in holy hell are nutritionists still spouting low-fat diets as some incredible weight loss tool? Of course people feel like shit on a low fat diet, your brain is made of fats. Your cells are made of fats.  STOP ELIMINATING FATS FROM THE DIET!!!! The only acceptable removal of fats are trans fats, and an excessive amount of polys.   The day The New York Times publishes a valid fitness article that doesn't coddle the weak and overweight, is the day I give up my beef and eggs and trade in deadlifts for Zumba..."}
{"_id": "274278", "title": "", "text": "\"The only \"\"authoritative document\"\" issued by the IRS to date relating to Cryptocurrencies is Notice 2014-21. It has this to say as the first Q&A: Q-1: How is virtual currency treated for federal tax purposes?   A-1: For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency. That is to say, it should be treated as property like any other asset. Basis reporting the same as any other property would apply, as described in IRS documentation like Publication 550, Investment Income and Expenses and Publication 551, Basis of Assets. You should be able to use the same basis tracking method as you would use for any other capital asset like stocks or bonds. Per Publication 550 \"\"How To Figure Gain or Loss\"\", You figure gain or loss on a sale or trade of property by comparing the amount you realize with the adjusted basis of the property. Gain. If the amount you realize from a sale or trade is more than the adjusted basis of the property you transfer, the difference is a gain. Loss. If the adjusted basis of the property you transfer is more than the amount you realize, the difference is a loss.  That is, the assumption with property is that you would be using specific identification. There are specific rules for mutual funds to allow for using average cost or defaulting to FIFO, but for general \"\"property\"\", including individual stocks and bonds, there is just Specific Identification or FIFO (and FIFO is just making an assumption about what you're choosing to sell first in the absence of any further information). You don't need to track exactly \"\"which Bitcoin\"\" was sold in terms of exactly how the transactions are on the Bitcoin ledger, it's just that you bought x bitcoins on date d, and when you sell a lot of up to x bitcoins you specify in your own records that the sale was of those specific bitcoins that you bought on date d and report it on your tax forms accordingly and keep track of how much of that lot is remaining. It works just like with stocks, where once you buy a share of XYZ Corp on one date and two shares on another date, you don't need to track the movement of stock certificates and ensure that you sell that exact certificate, you just identify which purchase lot is being sold at the time of sale.\""}
{"_id": "274298", "title": "", "text": "First of all, MLM was not made to make all members earn good money. An honest MLM is made to allow members to make SOME money using their connections - a good example is AVON, popular among students, who sell some cosmetics to their friends and make some money to repair budget. A scam MLM is made to lure naive people to buy some crap by making them believe they will get rich, and in that systems only the most successive scammers get rich.  Tell your friend to forget about the virtual profit from 'recruiting' other people and concentrate only on this what he/she will earn if he/she recruits nothing and simply sell some stuff. MLM gurus love to draw trees - state clearly, that every tree has more leaves than branches.  Of course, under that criteria, no MLM can make your living, but the truth is, to earn for life you need to generate volume, which is unlikely in such sales model, but you can use it to make some extra money to repair your budget."}
{"_id": "274306", "title": "", "text": "Here's another answer on the topic: Saving for retirement: How much is enough? An angle on it this question made me think of: a good approach here is to focus on savings rate (which you can control) rather than the final number (which you can't, plus it will fluctuate with the markets and make you nervous). For example, focus on saving at least 10% of your income annually (15% is much safer).  If you focus on the final number: The way it works in the real world is that you save as much as you can, but there are lots of random factors and unknowns. Some people end up having to work a lot longer than they hoped to. Others end up able to retire early. Others retire on time but have to spend less than they hoped. But the one thing you can often control (as long as you have an income and no catastrophes, anyway) is that you spend less than you make."}
{"_id": "274322", "title": "", "text": "Headchef need to create a menu sustainable for the volume of business, it takes lot of work to refine a menu to make it profitable and appealing to customers at the same time. Sometimes ingredients can be used for different dishes based on freshness for example. The key is to have an experienced headchef in my opinion."}
{"_id": "274332", "title": "", "text": "\"&gt;The system is designed to defend teacher compensation and provide job security as the first priority...not to provide the best education for our kids.  BINGO.  It is designed to reward \"\"union loyalty\"\" and \"\"union involvement\"\" -- because by definition, those things tend to be (inherently) far higher in teachers with seniority (younger teachers are not so \"\"vested\"\" in their interests, and still have the possibility of shifting careers, things which lessen as people age).  In short it is an entirely \"\"political\"\" thing (within the unions), and politically, the older union members outweigh and outvote the younger ones (plus, of course, the older members tend to be in charge of the negotiations).\""}
{"_id": "274358", "title": "", "text": "Yea good points and they definitely should not be overlooked. The whole point of the EV calculation is to get the analyst to look at what the true underlying business is and what one is really paying for when buying securities in a company. Market Cap can be misleading for many reasons and get real annoyed when people say things like, I own XYZ company because its cash account is greater than its market cap...."}
{"_id": "274359", "title": "", "text": "The data provided in your question is irrelevant. The data that you provided in the comments (that you're physically present in the US while doing the work) is the only relevant information needed to answer your question. You will need to pay taxes in the US for the earnings. The company invoicing the US client will also need to pay taxes in the US for its earnings from these invoices. You can transfer between bank accounts and deposit whatever you want anywhere you want, no-one cares (with respect to the US taxes, check with Indian tax accountant about Indian requirements)."}
{"_id": "274360", "title": "", "text": "No. Income inside an RRSP is sheltered from income tax until you withdraw it. That is, indeed, the major benefit of RRSPs. Note that you will eventually declare this as income. Consider the following case: - in 2015, you make $1000 in income. - in 2015, you contribute $100 to your RRSPs. You store this in an account that pays interest, rather than investing it in stocks, bonds, or mutual funds. - between 2015 and 2025, your money makes an additional $100 in interest. - in 2025, you are retired and pull out the entire amount in your RRSP, i.e. $200. Now, between 2015 and 2025, you did not declare the income from interest. You'd have had to do this if the money was in a regular bank account (instead of an RRSP or a TFSA). Indeed, your bank would have issued tax forms in that case. But you don't report income sheltered in an RRSP. This is good, as it increases the power of compounding. In 2015, you pay tax on only $900 rather than the full $1000. In 2025, you pull out the entire $200. You report all $200 as income (or, actually, as a withdrawal from your RRSP, but it's the same thing). You pay tax on the initial $100 investment (which you did not do in 2015), and you also pay tax on the $100 that your investment has made (and which you are now pulling out). The hope is that your income is now lower, as you are retired. So you'll end up paying less income tax. Plus, your investment has had many years of opportunity to compound, tax-free. TL;DNR: You don't pay tax on, or report gains in, an RRSP account. The bank or investment house won't even issue tax forms, not until you withdraw the money."}
{"_id": "274369", "title": "", "text": "A checking account is instant access. It can be tapped via check or debit card.  A savings account is supposed to be used to accumulate cash for a goal that is is longer term or for an emergency.  Many people need to separate these funds into different accounts to be able to know if they are overspending or falling short on their savings. In the United States the Federal Reserve also looks at these accounts differently. Money in a checking account generally can't be used to fund loans, money in a savings account can be used as a source of loans by the bank. An even greater percentage of funds in longer term accounts can be used to fund loans. This includes Certificates of Deposit, and retirement accounts."}
{"_id": "274392", "title": "", "text": "Some years your portfolio may perform better than the benchmark, and some years it may be the other way around.  Without a benchmark you will never know. And by the way if you choose poorly, you will never beat the benchmark. If the benchmark goes up 20% but your fund/investment only went up 3% you did make money, but you might want to reevaluate your strategy."}
{"_id": "274400", "title": "", "text": "\"This is a tough question, because it is something very specific to your situation and finances. I personally started at a young age (17), with US$1,000 in Scottrade. I tried the \"\"stock market games\"\" at first, but in retrospect they did nothing for me and turned out to be a waste of time. I really started when I actually opened my brokerage account, so step one would be to choose your discount broker. For example, Scottrade, Ameritrade (my current broker), E-Trade, Charles Schwab, etc. Don't worry about researching them too much as they all offer what you need to start out. You can always switch later (but this can be a little of a hassle). For me, once I opened my brokerage account I became that much more motivated to find a stock to invest in. So the next step and the most important is research! There are many good resources on the Internet (there can also be some pretty bad ones). Here's a few I found useful: Investopedia - They offer many useful, easy-to-understand explanations and definitions. I found myself visiting this site a lot. CNBC - That was my choice for business news. I found them to be the most watchable while being very informative. Fox Business, seems to be more political and just annoying to watch. Bloomberg News was just ZzzzZzzzzz (boring). On CNBC, Jim Cramer was a pretty useful resource. His show Mad Money is entertaining and really does teach you to think like an investor. I want to note though, I don't recommend buying the stocks he recommends, specially the next day after he talks about them. Instead, really pay attention to the reasons he gives for his recommendation. It will teach you to think more like an investor and give you examples of what you should be looking for when you do research. You can also use many online news organizations like MarketWatch, The Motley Fool, Yahoo Finance (has some pretty good resources), and TheStreet. Read editorial (opinions) articles with a grain of salt, but again in each editorial they explain why they think the way they think.\""}
{"_id": "274401", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.telegraph.co.uk/technology/2017/08/02/uber-drivers-gang-cause-surge-pricing-research-says/) reduced by 56%. (I'm a bot) ***** &gt; Uber drivers team up in gangs to force higher prices before they pick up passengers, research has revealed.  &gt; Researchers at the University of Warwick found Uber drivers in London and New York have been tricking the app into thinking there is a shortage of cars in order to raise surge prices.  &gt; The study said drivers have been coordinating forced surge pricing, after interviews with drivers in London and New York, and research on online forums such as Uberpeople.net.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6sr0tx/uber_drivers_gang_up_to_cause_surge_pricing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~187446 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **drivers**^#1 **prices**^#2 **surge**^#3 **research**^#4 **Uber**^#5\""}
{"_id": "274415", "title": "", "text": "The best thing you can do is get your CFA (assuming it applies to the job that you want)   Get your series testing done - this is a a lot easier and cheaper than CFA but isn't that amazing. You also have to be sponsored.   Join a club and get on the executive board.   Try investing your own money so you can get a better feel for the market. If you don't have any money then try a simulated game. I personally use marketwatch.com and compete with others that way.   This is all in addition to the obvious ones:  Go to a good school, get good grades (especially in your finance classes) have a good resume, learn how to interview, and have as much work experience as possible. INTERNSHIPS are your best friend."}
{"_id": "274420", "title": "", "text": "wework completely fucked the 110 wall st opening, which was their biggest US project, has shitty upkeep in most locations, and charges more for an n-desk office than n offices. It's a great idea with poor execution but it would be easy to improve."}
{"_id": "274421", "title": "", "text": "From a mathematical expected-value standpoint, there is no difference between gambling (e.g. buying a lottery ticket) and investing (e.g. buying a share of stock).  The former probably has negative expected value while the latter probably has positive expected value, but that is not a distinction to include in a definition (else every company that gives a bad quarterly earnings report suddenly changes categories). However, investment professionals have a vested interest in claiming there is a difference; that justifies them charging fees to steer you into the right investment.  Consequently, hair-splitting ideas like the motive behind a purchase are introduced.  The classification of an item to be purchased should not depend on the mental state of its purchaser. Depending on the situation, it may be right to engage in negative EV behavior.  For example, if you have $1000 and need $2000 by next week or else you can't have an operation and you will die (and you can't find anyone to give you a loan).  Your optimal strategy is to gamble your $1000, at the best odds you can get, with a possible outcome of $2000.  So even if you only have a 1/3 chance of winning and getting that operation, it's still the right bet if you can't find a better one."}
{"_id": "274422", "title": "", "text": "\"As this is anonymous, can you give us actual numbers? I can make guesses based on your percentages, but it would help. Lets assume you both make $35k (since you said child care would take up the bulk of your wife's income, it must be fairly low incomes) The answer usually isn't a simple \"\"do this\"\", but small adjustments in your lifestyle which add up. Church offering is 17%, the standard tithe is 10%. Lower it? It's the most obvious large non-required expense. Transportation is almost 10% of your income. If my numbers are right, that is somewhere around $500 per month? What kind of car/cars do you have? There are very cheap used cars which cost very little in upkeep / fuel. Is it possible your cars are more expensive than needed? My wife and I bought a used car for around $8k in cash a few years ago. Still running strong, only have done oil changes since then. Food is 12%, which would be perhaps $600 or $700 per month. That seems awfully high. Maybe I'm wrong about your salaries :) You said you were cheap, but now the numbers don't add up. Mortgage of 35% ($2k with escrow if I'm guessing on salaries right) seems reasonable. I'm assuming you don't want to downsize, particularly if you're going to have kids. Do you have a great mortgage rate? I assume you're on a 30 year fixed already?\""}
{"_id": "274435", "title": "", "text": "Well, he could negotiate with the bank to pay off the loan before the foreclosure takes effect. That would obviously cost him a large pile of cash but might remove the foreclosure, and possibly the late payments, from his record. But the real answer is that, having signed the note, he should have been making sure payments occurred so it never got close to foreclosure. That's what he promised the bank he would do. Having failed to do so, he really isn't in a position to complain when they tell other businesses that he didn't meet that promise."}
{"_id": "274450", "title": "", "text": "I left out that detail to see if anyone else would point it out. You're right, their forward earning projections were revised down and their debt ratio has been climbing. I don't plan on holding it for more than a quarter or two, but given that there are so few value buying opportunities, this stuck out to me as the best possible mode for return in this quarter. I'm bearish on the whole for this year, but hate holding all cash. More in depth analysis here: https://www.zacks.com/stock/news/265145/why-is-kroger-down-26-in-5-days"}
{"_id": "274462", "title": "", "text": "I would suggest that you try ClearCheckbook.  It is kind of like Mint, but you can add and remove things (graphs, features, modules) to make it as simple or diverse as you need it to be.  It should be a workable solution for simply tracking both income and expenses, yet it will also provide extra features as needed. There is a free option as well as a paid option with added features.  I have not used ClearCheckbook before, but according to their features page it looks like you may have to upgrade to the paid option if you want to have complete tagging/custom field flexibility."}
{"_id": "274471", "title": "", "text": "Get instant eApproval for your personal loan at Fullerton India &amp; meet your all sorts of financial needs such as furnishing your home or a family holiday, buying your dream vehicle, unexpected expenses by following a simple few steps with minimal documentation."}
{"_id": "274478", "title": "", "text": "I really want people to answer this.  I need to build my general macro repertoire and good news is key.  I was getting the Bridgewater Dailies at my last job and they are *fantastic*.  Unfortunately they are super expensive and only businesses can afford them.  I read a lot of the general economics output of major banks which is free on their websites.  I also read a selection of blogs which have an economics/macro tilt, but tend to be a lot of opinion and academic stuff.  This is what I've been reading recently:    [Krugman](http://krugman.blogs.nytimes.com/)  [Marginal Revolution](http://marginalrevolution.com/)  [Project Syndicate](http://www.project-syndicate.org/)  [Noah Smith](http://noahpinionblog.blogspot.jp/)  [The Upshot](http://www.nytimes.com/upshot/)  I also read Reuters for economics news generally since there is no paywall.  Hope this helps, and I really hope there is more quality free stuff out there that I've missed."}
{"_id": "274481", "title": "", "text": "See, this is the hard part. Getting people to believe that Insurance companies especially, but most industries have a saturated market, and your being dead means jack to them.   Your life is at best meaningless to industry. To insurance companies, tobacco companies, arms manufacturers and many others, your death is a net positive. I have my own opinions on what big gov't feels. But let's say Washington is too busy giving weapons systems mfrs. money to friends to care about *you*."}
{"_id": "274488", "title": "", "text": "You'll likely see several more scary market events before your autumn years. Ahhh, everyone has an opinion on this so here is mine :) If you are constrained to picking canned mutual fund products then I would target something with decent yield for two points. The third is to keep some in cash for an 'event'.   I would say 65/35 at this point so invest 65% and have some liquidity for an 'opportunity'.  Because the next crisis is right around the corner. But stay invested."}
{"_id": "274500", "title": "", "text": "How am I not asserting my argument? You are the one using false equivalency as a debate style.  Two can play at that game, if you like the state so much then just move to North Korea. If you don't like North Korea and would rather live here, then just give all of your money to the IRS then."}
{"_id": "274503", "title": "", "text": "Hi all,  I have a modelling test coming up for a FT analyst position, and I'm told it will be an hour. I'm not too sure what to expect, I've done full-blown 3-statement LBOs which I don't think I'm able to finish in one hour and I've also done short-form LBOs where I just built out the income statement and cash flow statement and exit analysis.  Problem is, I've never sat for a one-hour test and I'm not too sure what to expect. Can someone provide some insight please? Thank you very much!"}
{"_id": "274533", "title": "", "text": "They weren't in Jordan. There is a roaming contract with Jordanian carriers, otherwise there would be no roaming.  Jordan is not included on Verizons international plan which is different.    I've lived on an international border and can tell you cellular signals can go miles deep. These charges are legit.  Change your settings.  Imagine, a consequence to ignorance."}
{"_id": "274536", "title": "", "text": "Hawaiian Shaved Ice Las Vegas serves delicious, refreshing flavored shaved ice at special events and select locations throughout the City of Las Vegas and Clark County.Our hand painted Hawaiian Beach design  along with our fruit caricatures is a natural for Hawaiian themed events and children s birthday parties."}
{"_id": "274573", "title": "", "text": "Although it may be a little late for you, the real answer is this:  When you close on a mortgage for a primary residence you are affirming (in an affidavit), two intents: Now, these are affirming intentions \u2014 not guarantees; so if a homeowner has a change of circumstance, and cannot meet these affirmed intentions, there is almost always no penalty.  Frankly, the mortgage holder's primary concern is you make payments on time, and they likely won't bother with any inquiry.   That being said, should a homeowner have a pattern of buying primary residences, and in less than 1 year converting that primary to a rental, and purchasing a new primary; there will likely be a grounds for prosecution for mortgage fraud. In your specific situation, you cannot legally sign the owner-occupancy affidavit with the intention of not staying for 1 year.  A solution would be to purchase the condo as a second home, or investment; both of which you can still typically get 80% financing.  A second home is tricky, I would ask your lender what their requirements are for 2nd home classification.   Outside that, you could buy the condo as a primary, stay in it for a year, then convert.  If you absolutely had to purchase the 2nd property before 1 year, you could buy it as a primary with a 2 month rent back once you reach 10 months.  Should you need it earlier, just buy the 2nd house as an investment, then once you move in, refinance it as a primary. This last strategy requires some planning ahead and you should explain your intention to the loan officer ahead of time so they can properly price the non-owner occupied loan."}
{"_id": "274576", "title": "", "text": "\"This is incorrect. The timeline is as follows:  Party A sends a message to an exchange.   The exchanges receives the message.  The exchange broadcasts the (anonymized) message to party A, B, C, etc on the multicast feed.   The exchange broadcasts the (private confirm) to party A.   (The last two steps can happen in any order.)   It's impossible for anyone to \"\"beat A to the punch\"\" because they don't hear what A did until after it's done.\""}
{"_id": "274582", "title": "", "text": "Good point. It is extremely rare that something does go awry, and in the case of exports (where the units are delivered flat packed for self assembly) chances are it would be a mistake made by the person installing the shed (whether a local carpenter or the client themselves) which we would not cover under warranty unless a manufacturing or material fault was found. As all our units are put together in the workshop and checked this is unlikely."}
{"_id": "274650", "title": "", "text": "Uber is the high school boy who won the genetic lottery while putting in minimal effort to not get fat, started dating a future supermodel, gave out advice on how to win at life, then cheated on her, many times, then got dumped, and still didn't learn his lesson."}
{"_id": "274654", "title": "", "text": "Pro tip (I'm a financial advisor): some people aren't lucky enough to have rich parents or relatives who will pay for their education. Those who aren't poor or wealthy are caught in the middle, unable to pay their way and unable to get enough grants to pay their way. Scholarships are never a given. Using debt to increase your intrinsic value is a wise investment."}
{"_id": "274671", "title": "", "text": "\"HR people are the clueless, and you are the typical example: not trying to counter my points, resort to personal attacks, clueless about human skills, job requirements, human relations, etc.  **It's not debatable! As an IT professional, with 100% certainty, when I just heard the idiotic things Susan said in a recent interview, I knew immediately she's a clueless idiot.** Do you doubt my assertion?  Listen! When hearing the story of Susan, the great Chief Information Security Officer at Equifax, responsible for the biggest personal data breach in the world, at least 95% know that with at least 98% certainty she got her jobs because she knows someone or someone knows her, and she has no skills or talent.  Here's, again, what the genius Susan said:  \"\"*Susan: \u201cThere are a lot of things to consider with that. One school of thought says that when you put corporate assets into the cloud, they are more secure because you know exactly what you have there. You have an exact inventory, you know exactly who has access to that data, and how it is controlled.*\"\"  **This is so totally dumb, incorrect and only an clueless idiot will say such a thing.**\""}
{"_id": "274683", "title": "", "text": "1:30 is not stronger than 1:79. These are just numbers. Trading 1:120 in 2008 and 1:79 now vs. trading 1:31 in 2008 vs 1:30 now is much better criteria to look at to evaluate the strength of the currency, and if you look at that you can see that the Japanese Yen is significantly stronger than the Bhat. While Yen gained 25% to its worth, Bhat gained nothing over the same period of time. You can also see that the Yen was very consistent, while Bhat was volatile over that period."}
{"_id": "274688", "title": "", "text": "For an international company, being in a different timezone seems like an advantage. The east coast is close enough to have a large overlap between normal business hours with the west coast, but expands the amount of time that they can cover with HQ workers working normal hours."}
{"_id": "274690", "title": "", "text": "Some things you should consider: Balance Transfer Debt Consolidation If you get approved for the Citibank 2 year interest free credit card on balance transfers, you will need another loan of $18K to consolidate your other debt. If you cannot get approval for the credit card you may need to get consolidation loan approval for your full $35K of debt. This approval again will depend on your income and your ability to make repayments. As it sounds like you don't have any assets, you may have to get an unsecured loan which comes with higher interest rates. Remember a consolidation loan is only worthwhile if you can get an interest rate lower than your current interest rates and if you pay as much as possible to reduce the term of the loan and the total interest you end up paying. You haven't given the interest rate for the consolidation loan, but lets assume you could get one at 12% p.a. over a 3 year period. For a loan of $18K you would have to pay $138 per week. Together with the $163.50 per week you would have to pay the credit card balance transfer, your total repayments per week for the first 2 years would be $301.50, then $138 per week for the 3rd year. This option sounds affordable, but without knowing what your income and current expenses are it is hard for others to determine for sure. If you had to get a consolidated loan for the full $35K at say 12% p.a. then your weekly repayments would be $268.30 over a 3 year period. This looks to be achievable too. Being Disciplined As you said you will need to be very disciplined in order to get out of this debt. You will need to set up a proper budget and watch every dollar you spend. You will need to restrict any spending on credit cards and getting any new personal loans. You say you will keep a small credit limit to pay for ongoing online payments for courses. Make sure you uses a 55 day interest free credit card (preferably with no annual fee) for this and pay the full amount due every month, so you don't end up paying any more interest on this card. In case of death would my debts pass on to my next of kin or family? If your debts are unsecured (which personal loans and credit cards are), then no your next of kin or family will not have to pay your debts if you die. When you die any money or assets (which would be sold) in your estate will first be used to pay off any of your debts. If there is not enough money or assets in your estate then your remaining debts may not need to be paid. Other people are only responsible for paying your debts after you die if: Bankruptcy An alternative to Bankruptcy is a Part 9 debt agreement, as I mentioned in my answer to your previous question. In this case you will still need to pay off at least part of the debt but will not be charged any further interest on the debt. This is not as severe as Bankruptcy, but as I mentioned before, should not be taken lightly. Like bankruptcy, a debt agreement will appear on your credit file for seven years and your name will be listed on the National Personal Insolvency Index forever. Bankruptcy or a Debt Agreement should only be used as a last resort if you are unable to undertake any other option. And remember, even if you do take this course of action, you will still need to be disciplined now and into the future, so you don't end up in a similar situation again."}
{"_id": "274694", "title": "", "text": "After research a few of the weblog posts in your website now, and I really like your means of blogging. I bookmarked it to my bookmark website checklist and might be checking back soon. Pls take a look at my web page as nicely and let me know what you think."}
{"_id": "274701", "title": "", "text": "\"Sister is putting down nothing, and paying sub-market rent. It looks to me like if she is assigned anything, it's a gift.  You on the other hand, have put down the full downpayment, and instead of breaking even via fair rent, are feeding the property to the tune of $645/mo.  In the old days, the days of Robert Allen's \"\"no money down\"\" it was common to see shared equity deals where the investor would put up the down payment, get 1/2 the equity build up, and never pay another dime. This deal reminds me of that, only you are getting the short end of the stick.  \"\"you never think something will cause discourse\"\" - I hope you meant this sarcastically. The deal you describe? No good can come of it.\""}
{"_id": "274704", "title": "", "text": "If you really believe that the US isn't the most litigous societies in the world, I don't know what to tell you. I believe this administration has been the most difficult to understand, and therefore I can also agree with confusing. Bureaucratic, while perhaps other countries have us beat in more processes, the overall lack of alignment between processes and goals would probably qualify that statement as well. You should read into him though, he's a pretty smart guy who has made some good decisions, including giving up short term profits because of the risk to society."}
{"_id": "274720", "title": "", "text": "Oh I get it now, I got confused cause your comments wasn't added below the other ones you had written before, it doesn't show up in the comment chain  https://www.reddit.com/r/finance/comments/6io7o5/how_can_i_profit_off_of_bubbles/dj96e4o/  same with this one, I'm guessing you wanted to reply to https://www.reddit.com/r/finance/comments/6io7o5/how_can_i_profit_off_of_bubbles/dj9jk91/"}
{"_id": "274721", "title": "", "text": "If your business is a Sole Proprietorship and meets the criteria, then you would file form Schedule C. In this case you can deduct all eligible business expenses, regardless of how you pay for them (credit/debit/check/cash). The fact that it was paid for using a business credit card isn't relevant as long as it is a true business expense. The general rules apply: Yes - if you sustain a net loss, that will carry over to your personal tax return. Note: even though it isn't necessary to use a business credit card for business expenses, it's still an extremely good idea to do so, for a variety of reasons."}
{"_id": "274722", "title": "", "text": "The fact that this is what\u2019s being reported is horribly misleading.  At the bottom of the same page of that report, there is data intended to show the difference between the pay rates in genders. This data accidently proves that individual incomes are still stagnant and that the reason for our increased household wages is that more people per household are working, and part timers are working longer hours. Following is how this conclusion is drawn:  The section titled \u201cEarnings of Full Time, Year-Round Workers,\u201d can be used to find 2015\u2019s average income per full time worker, and 2016\u2019s average income per full time worker. The 2015 data shows that men made up 57.51% of the full time, year round working population (63,887/111,098) and earned $51,859.00. Women made up 42.49% of the full time, year round working population (47,211/111,098) and earned $41,257.00. This means that the average income for a full time, year round worker in 2015 was $47,353.69 (51,859 x .5751 + 41,257 x .4249).  The 2016 data shows that men made up 57.34% of the full time, year round working population (64,953/113,281) and earned $51,640.00. Women made up 42.66% of the population (48,328/113,281) and earned $41,554.00. This means the average income for a full time, year round worker in 2016 was $47,337.11 (51,640 x .5734 + 41,554 x .4266).  So while the news is reporting the increase in household income, the average income for a full time, year round worker actually fell by $16.58 in 2016."}
{"_id": "274733", "title": "", "text": "The trick is real time. I like to wake up in the morning, turn on my computer and see at a glance the gain or loss data on each of my stock and bond at that moment.   Companies like Ameritrde offer them, but you have to enroll and trade stock in them."}
{"_id": "274738", "title": "", "text": "Or you could flip houses. i'm not sure where you live but hwere im from its not uncommon to buy a house for 5k or a duplex for 8k. put about 4k into it and charge about 600 rent. or put 4k into the 8k, thats 12k sell it for 20. if it takes a year that's a 66% return on your investment in one year. and its small risk. also, if it doesnt sell, youre still renting it out with month to month or 3-6 month leases."}
{"_id": "274740", "title": "", "text": "\"I cannot definitively say this is illegal, but we'll apply some cold hard logic to it: If this were as easy as it sounds, why aren't they using their own account/card instead of yours? Ask them this question directly.  They will probably say something along the lines of \"\"I don't have a card\"\" or try to guilt you into doing it. You should do two things:  Tell them no. Report them to the police/the bank/etc. In all likelihood, they will end up doing something illegal or they are laundering money.  When push comes to shove, you will be the one the police come after asking questions.  They have complete deniability as it is your card.  This is no different than the \"\"Cash this big check and send me half of it\"\" scams that are common.\""}
{"_id": "274746", "title": "", "text": "i dont think this is cynical at all, Announce you won't do aomething cheap and easy, cause 3 day outrage,  reverse course.. Customer feels like their voice will always be heard and its still cheap and easy.  Pacifism 101"}
{"_id": "274758", "title": "", "text": "I think the era of IT speaking like they are way over end user's head should be over. End users need to be more educated in this day and age and they can serve as great allies when properly instructed. Even if it has to be in layman's terms the end user should be able to somewhat grasp the concept of the work they are paying for. Of course I think this should be done with honesty and full disclosure."}
{"_id": "274769", "title": "", "text": "There is a lot more to know about society than what a second grader would learn about MLK.    My college education included a class on diversity laws in the us and the state i live. I evaluated how businesses predominantly focused on a market can effectively adjust their businesses plans to new markets. I could go on but i think you get my point."}
{"_id": "274777", "title": "", "text": "\"You know, we really shouldn't be paying $1 for a single track. I mean, if we were being serious about paying artists what they deserve, it should be like $5 per track.  The whole \"\"album\"\" model is overrated and obsolete, it was invented for record labels, not artists. And the $1 per track pricing is based on album pricing.   Albums should cost a lot more than $20, and tracks should cost a lot more than $1. Musicians spend a significant amount of time on perfecting their craft. I'm not suggesting we each pay them an hourly salary for each song, but a few more bucks per track would not be unreasonable.\""}
{"_id": "274800", "title": "", "text": "Even for your cross country trip, you will have super charging gas stations; or, the Tesla battery swap.  In other words, your stop to refuel would be no longer than 2-20 minutes (depending on the method).  Which isn't too bad if you're going cross country."}
{"_id": "274818", "title": "", "text": "Let's say today you buy the bond issued by StateX at 18$. Let's say tommorow morning the TV says that StateX is going towards default (if it happens it won't give you back not even the 18$ you invested). You (and others that bought the same bond like you) will get scared and try to sell the bond, but a potential buyer won't buy it for 18$ anymore they will risk maximum couple of bucks, therefor the price of your bond tomorrow is worth 2$ and not 18 anymore. Bond prices (even zero coupon ones) do fluctuate like shares, but with less turbolence (i.e. on the same period of time, ups and downs are smaller in percentage compared to shares) EDIT: Geo asked in the comment below what happens to the bond the FED rises the interest. It' very similar to what I explained above. Let's say today you buy the bond just issued by US treasury at 50$. Today the FED rewards money at 2%, and the bond you bought promised you a reward of 2% per year for 10 years (even if it's zero coupon, it will give you almost the same reward of one with coupons, the only difference is that it will give you all the money back at once, that is when the bond expires). Let's say tommorow morning the TV says that FED decided to rise the interest rates, and now on it lends money rewarding a wonderful 4% to investors. US treasury will also have to issue bonds at 4%. You can obviously keep your bond until expiration (and unless US goes default you will get back all your money until the last cent), but if you decide to sell your bond, you will find out that people won't be willing to pay 50$ anymore because on the market they can now buy the same type of bond (for the same period of time, 10 years) that give them 4% per year and not a poor 2% like yours. So people will be willing to pay maximum 40$ for your bond or less."}
{"_id": "274827", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/conspiracy] [Trying to identify an organisation with best or worst practice on a current management issue. Any ideas?](http://np.reddit.com/r/conspiracy/comments/2ei4q9/trying_to_identify_an_organisation_with_best_or/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "274832", "title": "", "text": "It can certainly help build a credit score, but remember that businesses gain credit differently from individuals.  Depending on the country, there isn't usually a national register of business credit ratings the way there is for individuals.  The credit record you'd be gaining is with your own bank only. Banks will usually base your business credit record on revenue and transactional loads rather than merely on having and holding a credit card.  That said, it isn't always that easy to get a business credit card and so it is a useful thing to have for credibility with clients (depending on the type of work you do). A credit card can also sometimes work out cheaper (and faster) for financing small overdrafts than a regular business overdraft facility.  That said, I've found that larger loans over a five-year term can work out much cheaper for an established business than they would for an individual, even where the business itself has no history of using credit."}
{"_id": "274833", "title": "", "text": "Taking into account that you are in Cyprus, a Euro country, you should not invest in USD as the USA and China are starting a currency war that will benefit the Euro. Meaning, if you buy USD today, they will be worth less in a couple of months. As for the way of investing your money. Look at it like a boat race, starting on the 1st of January and ending on the 31st of December each year. There are a lot of boats in the water. Some are small, some are big, some are whole fleets. Your objective is to choose the fastest boat at any time. If you invest all of your money in one small boat, that might sink before the end of the year, you are putting yourself at risk. Say: Startup Capital. If you invest all of your money in a medium sized boat, you still run the risk of it sinking. Say: Stock market stock. If you invest all of your money in a supertanker, the risk of it sinking is smaller, and the probability of it ending first in the race is also smaller. Say: a stock of a multinational. A fleet is limited by it's slowest boat, but it will surely reach the shore. Say: a fund. Now investing money is time consuming, and you may not have the money to create your own portfolio (your own fleet). So a fund should be your choice. However, there are a lot of funds out there, and not all funds perform the same.  Most funds are compared with their index. A 3 star Morningstar rated fund is performing on par with it's index for a time period. A 4 or 5 star rated fund is doing better than it's index. Most funds fluctuate between ratings. A 4 star rated fund can be mismanaged and in a number of months become a 2 star rated fund. Or the other way around. But it's not just luck. Depending on the money you have available, your best bet is to buy a number of star rated, managed funds. There are a lot of factors to keep into account. Currency is one. Geography, Sector... Don't buy for less than 1.000\u20ac in one fund, and don't buy more than 10 funds. Stay away from Gold, unless you want to speculate (short term). Stay away from the USD (for now). And if you can prevent it, don't put all your eggs in one basket."}
{"_id": "274834", "title": "", "text": "If you can get to a physical branch, get a cashier's check (or call them and have them send you one by mail).  When they draft the cashier's check they remove the money from your account immediately and the check is drawn against the bank itself.  You could hold onto that check for a little while even after your account closes and you make other arrangements for banking. If you cannot get a cashier's check, then you should try to expeditiously open a new account and do an ACH from old to new.  This might take more days to set up than you have left though."}
{"_id": "274835", "title": "", "text": "In terms of pricing the asset, this functions in exactly the same way as a regular sell, so bids will have to be hit to fill the trade. When shorting an equity, currency is not borrowed; the equity is, so the value of per share liability is equal to it's last traded price or the ask if the equity is illiquid. Thus when opening a short position, the asks offer nothing to the process except competition for your order getting filled. Part of managing the trade is the interest rate risk.  If the asks are as illiquid as detailed in the question, it may be difficult even to locate the shares for borrowing. As a general rule, only illiquid  equities or those in free fall may be temporarily unable for shorting. Interactive Brokers posts their securities financing availabilities and could be used as a proxy guide for your broker."}
{"_id": "274839", "title": "", "text": "I guess I wasn't clear. I want to modestly leverage (3-4x) my portfolio using options. I believe long deep-in-the-money calls would be the best way to do this? (Let me know if not.)  It's important to me that the covariance matrix from the equity portfolio scales up but doesn't fundamentally change. (I liken it to systemic change as opposed to idiosyncratic change.)   This is what I was thinking:  * For the same expiry date, find each positions lowest lambda. * Match all option to the the highest of the lowest lambda. * Adjust number of contracts to compensate for higher leverage.  I don't think this will work because if I matched the lowest lambda of options on bond etfs to my equity options they would be out-of-the-money.  By the way, thanks for your time."}
{"_id": "274846", "title": "", "text": "The thing is, corporate taxes aren't paid on revenues or costs; they're paid on net income.   Meaning no matter what happens, any investment the company makes that improves their net income automatically means more money for the company.    So let's say 12% vs 14% tax.   A 2% increase in tax means a 2% lower net ROI on the investment.    But so long as the incremental improvement to your bottom line is there, the investment is sound, with or without taxes.   EVEN at a 50% corporate tax rate.   You hire one more person at $60k/yr and they make $120k/yr in net income for you.   You still keep $30k of the profits.    It's an incremental increase regardless.  And if that person doesn't make you money?  Say the incremental benefit is 0?   Well your net income just dropped $60/yr.   And you just paid $30k less in taxes.   Meaning the true cost of that hire is $30k to your bottom line.  Where it hurts business is that your retained earnings don't build up as fast.   It makes the next investment harder to make is all.   And as a corporation, if you're not paying dividends you need to keep reinvesting your retained earnings./"}
{"_id": "274859", "title": "", "text": "Owning physical gold (assuming coins): Owning gold through a fund:"}
{"_id": "274863", "title": "", "text": "\"I am assuming I had to describe it in 2004 when facebook was founded. Describing one company in terms of another makes descriptions much more concise albeit at the expense of sounding derivative. \"\"A social network for college students\"\" would be fine as well.\""}
{"_id": "274865", "title": "", "text": "I have a lot to say, but I've already said it and you ignored it, and it's clear you have less experience on the topic than both myself and my HR team so there's not much point in continuing the conversation."}
{"_id": "274870", "title": "", "text": "\"Mortgage is a (secured) debt, a combination of a promissory note, and a security interest providing the mortage holder a secured interest in the property. Yes, you are \"\"in debt\"\". But that depends upon whether you define the term \"\"in debt\"\" as a debt appearing on the balance sheet, or the net of assets - liabilities is less than zero, whether you have a \"\"debt\"\" expense on the income statement (budget), or whether the net of income - expenses is less than zero. One person might look at their budget, find the (monthly) mortgage payment listed, and judge that they have a debt payment, and thus are \"\"in debt\"\". Or they might look at their expenses, find they exceed their income, and judge that they are \"\"in debt\"\". Another person might look at their balance sheet, compare assets to liabilities, and only say they were \"\"in debt\"\" when their liabilities exceeded their assets. Some people view mortgage debt as \"\"good debt\"\", as they view certain debts as \"\"good\"\" and others as \"\"bad\"\". Trust me, having a high mortgage payment (higher 30% of your net income) is hard, and over 40% is bad. Consider you balance sheet and your income statement.  On your balance sheet, the house appears on the \"\"asset\"\" side with an (estimated) value, while the \"\"mortgage\"\" (really, the promissory note part of the mortgage) appears on the \"\"liability\"\" side. On your income statement, your house does not appear on the income side, but the mortgage (promissory note) payment appears on the expense side. So, you clearly have both a \"\"liability\"\" with a clearly-defined value and an \"\"expense\"\" with a clearly-defined payment. But do you have an \"\"asset\"\"? According to an accountant, you have an \"\"asset\"\" and a \"\"liability\"\". But you do not have a business asset that is producing revenue (income), nor do you have a business asset that can be amortized and expensed to reduce taxable income. When we think about an asset, does the word have the connotation of some thing with value, something that produces income?  Well, by that measure, a house only provides income when we rent it out, and only has value when we consider selling it. As millions of families discovered during the housing (price) collapse, when the market price of your \"\"asset\"\" falls substantially, your personal financial status can fall negative and you can be \"\"broke\"\".\""}
{"_id": "274875", "title": "", "text": "I think the OP took responsibility for their mistakes by walking away from their mortgage and living life with in their means. If it screws the bank, so be it, because the bank failed in its responsibility to do due diligence, whether that means figuring out if their mortgagee can pay over the life of the loan and/or if the housing market is a bubble.   And the houses were paid for by the banks. The house is the collateral for the loan the bank made. The banks distorted the market with their easy money, and now they have to pay the consequences."}
{"_id": "274883", "title": "", "text": "\"&gt;Hulu has obviously made great progress but still has to obey the rules.  They're an exception to all of this because they're owned by \"\"a joint venture of NBCUniversal (Comcast/General Electric), Fox Entertainment Group (News Corp) and Disney-ABC Television Group (The Walt Disney Company), with funding by Providence Equity Partners, the owner of Newport Television...\"\"  Even with the full support of three major conglomerates, the service is still gimped (delays in broadcasting new episodes, limited availability of past episodes/seasons) by their fear of change.\""}
{"_id": "274888", "title": "", "text": "TL;DR: No, it doesn't count against the Roth IRA basis. You can find out by looking at Form 8606 Part III, which is the part for distributions from Roth IRA. Line 19 is the sum of nonqualified distributions, plus qualified first-time homebuyer distributions. You would put $10000 here. Then you would subtract $10000 on line 20 (qualified first-time homebuyer expenses) to get $0 on line 21. You enter your basis on line 22, but since line 21 was 0, you stop. You do not subtract anything from your basis. If you take out more than $10000, then it's only the part over $10000 that is subtracted from your basis."}
{"_id": "274900", "title": "", "text": "\"This falls under value investing, and value investing has only recently picked up study by academia, say, at the turn of the millennium; therefore, there isn't much rigorous on value investing in academia, but it has started. However, we can describe valuations: In short, valuations are randomly distributed in a log-Variance Gamma fashion with some reason & nonsense mixed in. You can check for yourself on finviz.  You can basically download the entire US market and then some, with many financial and technical characteristics all in one spreadsheet. Re Fisher: He was tied for the best monetary economist of the 20th century and created the best price index, but as for stocks, he said this famous quote 12 days before the 1929 crash: \"\"Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.\"\"   - Irving Fisher, Ph.D. in economics, Oct. 17, 1929 EDIT Value investing has almost always been ignored by academia.  Irving Fisher and other proponents of it before it was codified by Graham in the mid 20th century certainly didn't help with comments like the above.  It was almost always believed that it was a sucker's game, \"\"the bigger sucker\"\" game to be more precise because value investors get destroyed during recession/collapses.  So even though a recessionless economy would allow value investors and everyone never to suffer spontaneous collapses, value investors are looked down upon by academia because of the inevitable yet nearly always transitory collapse.  This expresses that sentiment perfectly. It didn't help that Benjamin Graham didn't care about money so never reached the heights of Buffett who frequently alternates with Bill Gates as the richest person on the planet.  Buffett has given much credibility, and academia finally caught on around in 2000 or so after he was proven right about a pending tech collapse that nearly no one believed would happen; at least, that's where I begin seeing papers being published delving into value concepts.  If one looks harder, academia's even taken the torch and discovered some very useful tools. Yes, investment firms and fellow value investors kept up the information publishing, but they are not academics. The days of professors throwing darts at the stock listings and beating active managers despite most active managers losing to the market anyways really held back this side of academia until Buffett entered the fray and embarrassed them all with his club's performance, culminating in the Superinvestors article which is still relatively ignored.  Before that, it was the obsession with beta, the ratio of a security's variance to its covariance to the market, a now abandoned theory because it has been utterly discredited; the popularizers of beta have humorously embraced the P/B, not giving the satisfaction to Buffet by spurning the P/E.   Tiny technology firms receive ridiculous valuations because a long-surviving tiny tech firm usually doesn't stay small for long thus will grow at huge rates.  This is why any solvent and many insolvent tech firms receive large valuations: risk-adjusted, they should pay out huge on average.  Still, most fall by the wayside dead, and those 100 P/S valuations quickly crumble. Valuations are influenced by growth.  One can see this expressed more easily with a growing perpetuity: Where P is price, i is income, r is the rate of return, and g is the growth rate of i.  Rearranging, r looks like: Here, one can see that a higher P relative to i will dull the expected rate of return while a higher g will boost it. It's fun for us value investor/traders to say that the market is totally inefficient.  That's a stretch.  It's not perfectly inefficient, but it's efficient.  Valuations are clustered very tightly around the median, but there are mistakes that even us little guys can exploit and teach the smart money a lesson or two. If one were to look at a distribution of rs, one'd see that they're even more tightly packed.  So while it looks like P/Es are all over the place industry to industry, rs are much more well clustered. Tech, finance, and discretionaries frequently have higher growth rates so higher P/Es yet average rs.  Utilities and non-discretionaries have lower growth rates so lower P/Es yet average rs.\""}
{"_id": "274901", "title": "", "text": "Sit down with professional with knowledge about eldercare issues. Know how your options regarding the property ownership can impact the services they qualify for. Even making a change in ownership can impact their eligibility for certain programs. Some of which can reach back to events in the recent past. Also if you own it but she will get some of the profits when you sell, she could still be considered an owner, which can impact eligibility for programs. This is in addition to the issues with the lender, the IRS, and your estate."}
{"_id": "274905", "title": "", "text": "But they beat most revenue estimates... should be a heavy down day tomorrow, even though the stock is already massively oversold, especially when compared to industry peers and average P/E ratios of tech companies.  Last 12 months of earnings: $44.16"}
{"_id": "274915", "title": "", "text": "Whoa nobody is championing for *free* internet services. People don't want data caps and throttling. It's obvious that it's completely feasible and profitable to offer services like that without a monopolized control.   But your argument hurts my brain. You say the government is the reason these monopolies exist. So your train of thought is to let it continue uncorrected? I'm as capitalist as they come but monopolies help nobody and only hurt the consumer."}
{"_id": "274918", "title": "", "text": "&gt;Man is a social animal.  He generally is; but he doesn't *have* to be.  Not in anything like way that the aforementioned bees are.  &gt;The survival of our species has been only made possible by our acceptance of our co-dependency.   Au contraire. The social co-dependency (within limits) has served to both allow the species to thrive, AND at the same time, has often severely limited and constrained us.  The vast majority of human history has essentially been one of cyclical feudal-fascistic/crony-capitalistic -- monarchical governments in collusion with an elite of rentier-landowners who together control commerce -- growth during the early post anarchy stages, and then followed by later implosion as the system ossifies (with socialistic aspects implemented in an attempt to maintain power in the face of a growing mob)."}
{"_id": "274922", "title": "", "text": "According the FSCS: If the bank fails FSCS would refund the maximum under our rules (currently \u00a375,000 per person).  Any credit balance over and above this would be offset against the mortgage by the insolvency practitioner responsible for the winding up of the bank. FSCS would play no part in that process. (Unless the savings were larger than the debts, but then it wouldn't make sense to have them in a zero interest offset account!) So the money would not be completely lost as such. Whether that would count as an overpayment is an open question, but perhaps a moot point anyway if the bank went under. (Finally, arguably, a pension or other investment might also be better for such amounts.)"}
{"_id": "274924", "title": "", "text": "I completely agree with requirements, like GPA.  I think that weeds some bad loans out, and is a much better version of tough love than non-dischargable debt once you are out of school.    The non-discharged debt problem is tough, and I think this aspect ties into the college cost inflation:  If you, as a lender, basically have a perpetual lien on someone because they can't discharge the debt, then you (lender) can  issue riskier loans, and more of them.  I haven't heard the term 'subprime loans' used to describe student debt, but I think the term is just as applicable to bad student creditors as it was to bad home creditors in the housing bubble.  There seems to be moral hazard involved for lenders that have non-discharge covenants, and so they lend, even after government lenders tell people 'no more.'"}
{"_id": "274927", "title": "", "text": "Top recruitment firms in India fills up the gap between the job seeker and the Company. Other than its own data source it brings together with several job sites such as Naukri, time jobs, jobs ahead and monster India and sources applicants from them for choosing professionals. This way, they support both the job hunter and the company. The reach of these professional search firms is far and wide so the information is rich and very valuable for the company."}
{"_id": "274937", "title": "", "text": "1040ES uses the smaller number because that's what triggers the penalties.  (That is, you are penalized if what you prepay is less than your total 2013 liability and less than 90% of your 2014 liability.)  However, estimated taxes are just estimates.  If you pay too little, you could face a penalty, but there's no penalty for paying too much -- you'll just get a refund as usual. It seems that your concern stems from the fact that this is the first year you're in this tax situation and so you're unsure if your estimates are accurate.  In your comment to Pete Belford's answer, you also indicated you aren't worried about being unable to pay, but only about accidentally underpaying. In this case, you could just err on the side of caution and pay more than 1040ES says you owe.  (You don't actually file the 1040ES, the calculations are just for your own use.)  For instance, you could prepay based on the higher of your two estimates, if you can afford it; or, if you can't afford that much, hedge the estimate payments up a bit to an amount you can afford that is closer to the higher estimate.  At the end of the year if you paid too much you can get a refund as usual.  After this year, you will presumably have a better sense of your income and your tax liability, and can make more accurate estimates for next year."}
{"_id": "274945", "title": "", "text": "Investors hungry for returns are piling back into securities once tarnished by the financial crisis.  Complex structured investments developed a bad reputation during the credit crunch. Ten years later, investors seeking yield are overcoming their skepticism and buying into securities that rely on financial engineering to juice returns.   Volumes of CLOs, or collateralized loan obligations, hit a record $247 billion in the first nine months of the year, according to data from J.P. Morgan Chase  JPM 1.59%\u25b2  &amp; Co. Fueled by a wave of refinancings and nearly $100 billion in new deals, that far outpaces their recent full-year high of $151 billion in 2014 and the precrisis peak of $136 billion in 2006.  The CLO boom is the latest sign of the ferocious hunt for yield permeating markets. Stellar performance over the past year has made CLOs increasingly hard to ignore for investors like insurance companies and pension funds.  CLOs carve up a portfolio of bank loans to highly indebted companies into slices of securities with different levels of risk. The securities at the bottom of the CLO stack offer the highest potential source of returns, but they are also the first to absorb losses if there are defaults in the underlying loan portfolio. The more senior slices offer lower returns but are more insulated from losses.  CLOs are often lumped together with other alphabet-soup acronyms of the financial crisis, such as more toxic CDOs, or collateralized debt obligations. But CLOs actually weathered the financial crisis well: Investors who bought at the top of the market in 2007 suffered paper losses, but there were no defaults at all for the highest-rated securities.  That track record has helped boost CLOs\u2019 appeal for investors with lingering concerns over scooping up more complex investments.    .   Taking off / Global CLO volumes   \u201cThe demand for things like CLOs\u2026.is extraordinary,\u201d said Rick Rieder, chief investment officer for global fixed income at BlackRock  Inc.   CLOs are one of the largest demand sources for the leveraged loan market, which has also been booming this year. Volumes of leveraged loans, often used by private-equity firms to fund buyouts, are on track to surpass their 2007 record, according to LCD, a unit of S&amp;P Global Market Intelligence. At the same time, investors have voiced concerns about companies\u2019 rising leverage level, and weaker creditor protections.  Within a CLO are different risk profiles: Investors in the most senior, AAA-rated piece of debt get paid first and are the most insulated from losses if defaults rise in the underlying loan portfolio. They also receive the skinniest returns. Slices of debt further down receive higher returns, but will suffer losses if defaults spike. At the bottom sits the equity tranche, the first loss-absorber and last to get paid, but the highest potential source of returns.  A 2014 report from Standard &amp; Poor\u2019s Ratings Services stated that AAA-rated and AA-rated CLO tranches incurred no losses at all between 1994 and 2013. Loss rates for lower-rated tranches, meanwhile, were low\u2014just 1.1% for B-rated securities over that period.    .   Flying High / Market returns since J.P. Morgan recommended buying CLOs last July   That doesn\u2019t prevent some conservative investors from conflating the CLOs with the now-infamous CDOs, many of which were linked to subprime mortgages and spread and amplified losses in the U.S. housing market. One breed of CDOs are on a comeback path of their own, with more investors returning to them during an aging bull market.  Many people were \u201cburnt by these acronyms from the crisis,\u201d said Zak Summerscale, head of credit fund management for Europe and Asia Pacific at Intermediate Capital Group . He is currently recommending that clients buy senior CLO tranches over investment-grade bonds.  CLOs, like other types of securitizations, have been subject to greater regulation since the financial crisis. That includes forcing funds that manage a CLO to retain 5% of the securities, in an effort to align incentives with investors.  That has \u201cattracted additional capital into the market,\u201d said Mike Rosenberg, a principal at alternative investment manager Tetragon.  Assets under management in the \u201cloan participation\u201d sector\u2014a proxy for funds that invest in CLOs\u2014have grown 21% this year to $206 billion, according to Thomson Reuters Lipper.  The pickup in CLOs has been a boon to banks weathering declines in trading revenues in the current low-volatility environment. Revenue from CLO-related activity at the top 12 global investment banks more than doubled over the first half of 2017 from a year earlier to almost $1 billion, according to financial consultancy Coalition.  CLO investors have been handsomely rewarded in recent months. J.P. Morgan strategist Rishad Ahluwalia recommended clients buy CLOs last July as he thought they looked too cheap. Between then and the end of September, BB-rated CLO tranches returned 25.4%, compared with a 25.2% return for the technology-oriented Nasdaq stock index, according to his calculations.  \u201cCLOs have been an absolute home run,\u201d said Mr. Ahluwalia, though he added such chunky returns aren\u2019t repeatable.  Analysts say CLOs got beaten down last year following a series of troubles in the underlying loan market, including distress in the energy sector. Some analysts think the strong rally in CLO tranches since then should give investors pause; others think the market has further to run.  Renaud Champion, head of credit strategies at Paris-based hedge fund La Fran\u00e7aise Investment Solutions, likes AAA-rated CLO tranches but with a twist: leverage.  Mr. Champion says he buys senior European CLO tranches and borrows money against them to increase the size of his position between five and 10 times. That can amplify gains\u2014and losses\u2014significantly.  \u201cThe difference between now and a year ago is the availability of leverage,\u201d he said.  Bankers say only a small proportion of CLO buyers use leverage and emphasize that trades are subject to daily margin calls. That means investors have to post cash to cover mark-to-market losses on a position, which in turn limits how much they are willing to borrow.  \u201cThe leverage in the system today is a fraction compared to precrisis,\u201d said J.P. Morgan\u2019s Mr. Ahluwalia.  Write to Christopher Whittall at christopher.whittall@wsj.com   Appeared in the October 23, 2017, print edition as 'Crisis-Era Securities Regain Investors\u2019 Favor.'"}
{"_id": "274948", "title": "", "text": "Try and save up for another month's expenses in your emergency fund, but while you are doing so begin building what is called a ladder of CDs.  Tomorrow is April 1, so open a three-month CD (yes, the rates are abysmal but better than money-market fund rates) with one month's emergency fund. Repeat the process on May 1. So now you have two CDs maturing on July 1 and August 1. On June 1, take whatever of that extra month's expense you have saved up and open yet another three-month CD.  On July 1, re-invest the proceeds of the first CD into a new three-month CD. Ditto on August 1. On September 1, add the additional savings towards the additional month that you managed to make to the smaller CD to bring it closer to one month's expenses. Lather, rinse, repeat. You will, I hope, soon be in a state where you will have four months of expenses in your emergency fund: one month on hand for immediate use if needed right away, and three months of additional expenses becoming available in 30 days or less, between 30 and 60 days, and between 60 and 90 days."}
{"_id": "274962", "title": "", "text": "\"I think you're really underestimating the degree of ageism that occurs in hiring and just how much youth is favoured in the job markets. Experience costs more and it depreciates quickly. In most case employers  will prefer someone less experienced who comes across as mature and less expensive than someone who is more experienced but has been our of the industry for a year or more. The attitude of \"\"you can't teach an old job new tricks\"\" rules. Your 30s represent the ideal sweet spot: you are still young and you have some experience. If you're not in full preparing for retirement mode by 40 or 45, you're going to have a bad time. GenXers have lost most of their sweet spot and if the recovery doesn't happen, they will have lost all of it.   Yes, Millenials have it pretty bad too -- no one is disputing that -- but GenX was screwed from the start. We have larger generations on either side of us. We are a transitional generation that started out before computers went mainstream but ended after, so we have a hard time competing with Millenials who have lived with technology all their life. The whole structure of the world changed right under us, i.e., the end of the cold war. And this change significantly increased available labour. Even before 2008 the talk was all about how screwed the GenXers where because of the power of Boomers and the dominance of the Millenials. We already had our backs up against the wall then 2008 struck.  Also, I'd much rather be 28 and looking for a job than 40+ and looking for one. It's so much easier to jump industries or cites or countries when younger and you don't have children to look after. The 28 year old is not locked a career path and has lost a ton of political capital and credibility for having lost their job. The 40+ year old will always have to face questions: why wasn't he/she one of the one the company kept during the layoffs? will he/she be able to learn and adapt to the new job? will he/she be comfortable reporting to someone younger? will he/she be will to sacrifice time away from kids to work longer hours to compete with younger employees?\""}
{"_id": "274970", "title": "", "text": "What are you trying to buy that's not on Prime? I find that almost everything (something like 99%) of what I want to but on Amazon has a Prime option.   Free shipping alone makes it worth it and it is soo nice getting things in 2 days.  Then you get Prime video and some music (niceties that I would never buy alone but nice perks on top of the shipping)"}
{"_id": "274974", "title": "", "text": "It is a good events here to get the full entertainment with our team building who gives you a target such as solving  puzzles inside the escape rooms . There are more activity here for your special fun. The Escape Rooms Palm Beach is so amazing place  in USA, Florida.  It is so excellent place for the couple and many individuals comes here to get real entertainment that would help the teammates. We corporate events west palm beach with a team building."}
{"_id": "274987", "title": "", "text": "I personally like Schwab. Great service, low fees, wide variety of fund are available at no fee. TD Ameritrade is good too."}
{"_id": "275008", "title": "", "text": "I read online that most portable AC units last 18-24 months before crapping out. My previous one lasted only a summer. Hence I went hunting for a replacement and paid a decent premium for the 5y warranty.  I grew up in a country with great consumer protection, still naive when it comes to American norms."}
{"_id": "275058", "title": "", "text": "What is the point of this? Can't I achieve the exact same effect and   outcome by exchanging currency now and put that amount of USD in a   bank account to gain some interest, then make the payment from one   year from now? This is for companies, not individuals. Companies usually take loans, because they think they can make more money (e.g. 10%*) than the interest on the loan (e.g. 5%*). Putting money on a bank account to earn interest there would give them even less (e.g. 1%*). So with your option, instead of earning 10%* interest, they'd earn 1%* interest. If the cost of the currency forward is less than these 9%* difference, the forward saves them money. If they have excess cash and they don't know how to invest that money, your option may be preferable *Simple numbers chosen for simplicity, not accuracy."}
{"_id": "275084", "title": "", "text": "How to 'use' your shares: If you own common shares in a company (as opposed to a fund) then you have the right (but not the obligation) to excersize one vote per share on questions put before the shareholders. Usually, this occurs once a year. Usually these questions regard approval of auditors. Sometimes they involve officers such as directors on the board. You will be mailed a form to fill out and mail back in.  Preferred shares usually are not voting shares,but common shares always are.  By the way, I do not recommend owning shares in companies. I recommend funds instead,either ETFs or mutual funds. Owning shares in companies puts you at risk of a failure of that company. Owning funds spreads that risk around,thus reducing your exposure.  There are, really, two purposes for owning shares 1) Owning shares gives you the right to declared dividends 2) Owning shares allows you to sell those shares at some time in the future. (Hopefully at a profit)  One obscure thing you can do with owned shares is to 'write' (sell) covered put options. But options are not something that you need to concern yourself with at this point.  You may find it useful to sign up for a free daily email from www.investorwords.com."}
{"_id": "275127", "title": "", "text": "No that will not count as a short sale although it may still affect your chances of getting a loan because some lenders wont want to see it on your credit if you are pursuing a new FHA loan. In the best case scenario you will need an explanation letter of why you did this. In the worst case scenario the lender will want you to wait to get financing.  Try and find a lender with NO FHA overages which means they don't put additional restrictions on giving you an FHA insured loan. That type of lender will be your best choice because they just follow FHA rules and don't add any additional requirements."}
{"_id": "275164", "title": "", "text": "Militaries members are duties in the rural area and they can offer to live the rural area in the off-base houses. They are so expensive. But all the Military Housing Rental charges are not equal. In the rural area, there is a lot of peace and prosperity or financial battles."}
{"_id": "275165", "title": "", "text": "For those that are on the forefront of innovation and are passionate about their work, sure. But I'd guess that demographic only makes up about 10 percent of the workforce. For the rest of us, you have to ask yourself the question: is it worth it?  The rest of us are mostly maintaining society and providing services. What if 2 people worked the same job that 1 person works, each putting in 3 days a week instead of 5. Unemployment would go down.   Maybe people only work these long weeks because they've been told it's their only option. Also, we don't really have the choice. If I apply for a job and tell them I'd like to only work 3 days a week, they'd laugh me out."}
{"_id": "275171", "title": "", "text": "\"I (and probably most considering trading) had a similar thought as you.  I thought if I just skimmed the peaks and sold before the troughs, perhaps aided by computer, I'd be able to make a 2% here, 2% there, and that would add up quickly to a nice amount of money.  It almost did seem \"\"foolproof\"\". Then I realized that sometimes a stock just slides...down...and there is no peak higher than what I bought it for.  \"\"That's OK,\"\" I'd think, \"\"I'm sure it will recover and surpass the price I bought it for...so now I play the waiting game.\"\"  But then it continues sliding, and my $10k is now worth $7k.  Do I sell?  Did I build a stop loss point into my computer program?  If so, what is the right place to put that stop?  What if there is a freak dip down and it triggers the stop loss but THEN my stock recovers?  I just lost $14,000 like this last week--luckily, only virtually! The point is, your idea only has half a chance to work when there is a mildly volatile stock that stays around some stable baseline, and even then it is not easy.  And then you factor in fees as others mentioned... People do make money doing this (day traders), and some claim you can use technical analysis to time orders well, so if you want to try that, read about technical analysis on this site or elsewhere.\""}
{"_id": "275192", "title": "", "text": "No, it's a $10k withdrawal. You net what you net after federal and state taxes.  IRA? It has a similar penalty free $10k withdrawal option for home purchase,  so this might give faster access once you decide.  Given the choice between a withdrawal and a loan, I'd take the loan. As soon as you are with the new employer, ask HR about the rules for participating in their 401(k) and rules for their loans. If, for whatever reason it won't work for you, take $10K and transfer to the IRA, and the rest into the 401(k), if the 401(k) has good investments and low cost..  My answer focuses on the desire to withdraw the money. A loan is better than a withdrawal. Better than both is a delay and saving all you can for the downpayment. After the closing, I'd be mindful of spending, save all you can to retirement accounts and pay this loan off over the time good for you."}
{"_id": "275199", "title": "", "text": "I think George's answer explains fairly well why the brokerages don't allow this - it's not an exchange rule, it's just that the brokerage has to have the shares to lend, and normally those shares come from people's margin, which is impossible on a non-marginable stock. To address the question of what the alternatives are, on popular stocks like SIRI, a deep In-The-Money put is a fairly accurate emulation of an actual short interest.  If you look at the options on SIRI you will see that a $3 (or higher) put has a delta of -$1, which is the same delta as an actual short share. You also don't have to worry about problems like margin calls when buying options.  The only thing you have to worry about is the expiration date, which isn't generally a major issue if you're buying in-the-money options... unless you're very wrong about the direction of the stock, in which case you could lose everything, but that's always a risk with penny stocks no matter how you trade them. At least with a put option, the maximum amount you can lose is whatever you spent on the contract.  With a short sale, a bull rush on the stock could potentially wipe out your entire margin.  That's why, when betting on downward motion in a microcap or penny stock, I actually prefer to use options.  Just be aware that option contracts can generally only move in increments of $0.05, and that your brokerage will probably impose a bid-ask spread of up to $0.10, so the share price has to move down at least 10 cents (or 10% on a roughly $1 stock like SIRI) for you to just break even; definitely don't attempt to use this as a day-trading tool and go for longer expirations if you can."}
{"_id": "275206", "title": "", "text": "I see, thanks for the link. My initial impression is that there are probably more considerations than the theoretically optimal way to lever the company. The two tech companies I named have a fear of insolvency baked into their DNA. I would imagine their CFO's are aware of this theory and have either decided protecting against insolvency is more important -- or they've been unable to persuade the CEO/board to do the theoretically optimal thing and distribute that cash to shareholders and put the company into debt.  It's an appeal to authority but I'm still going to assume that if all the tech giants are doing it this way, it's probably the right decision for them. Even if it does conflict with this theory."}
{"_id": "275219", "title": "", "text": "\"&gt; When did we switch the word \"\"image\"\" with \"\"optics\"\"?  Back in 2010, the NYT wrote that \"\"[although the metaphorical expansion of 'optics' into the political arena feels novel, it has actually been brewing for a few decades.](http://www.nytimes.com/2010/03/07/magazine/07FOB-onlanguage-t.html)\"\" They identify usages going back to 1978 at least.  It's not a direct synonym for \"\"image\"\", because it's often used to refer to a specific incident or transaction, where \"\"image\"\" wouldn't fit as well.\""}
{"_id": "275223", "title": "", "text": "\"Ultimately, money derives its value from being spend on a good or service. Investing it is an act of denying your present-self a good or service so that your future-self can obtain (hopefully more) goods or services. Investing is a sensible and responsible default position, but you clearly have passed the point at which the opportunity cost of the dollar not spent today is greater than its benefit in the future. Not all dollars are the same. Remember that money is a temporary store of value but you have to spend it to realize that value. In your search, learn about the \"\"psychology of money.\"\" What are you saving it for? How much do you want left over when you die? If you die tomorrow, will you regret not having spend a little more? I'm sorry to get morbid on you, but saving for the future requires answering the question \"\"How long?\"\" and it's never forever. This may be tangential but it shaped my behaviour towards money nonetheless: Frank Zimbardo on The Psychology of Time. I would hazard a guess and say that you land in the future-oriented camp.\""}
{"_id": "275230", "title": "", "text": "I went to one of those seminars, some huge HUGE bullshit scheme. I like what RDPD does with inspiring you, but they were riding on his name to make you increase your credit limit, put things on the card, take a trip to some other country to learn more about real estate, all the while giving them thousands of dollars. Total bullshit.  I now have more rental properties, doing it my way, and I made money with each purchase.  Was the one you went to from the Tigris company or something like that?"}
{"_id": "275234", "title": "", "text": "\"Actually, you have it backwards, reasearch shows that a great deal of privatization is unsuccessful, also its often found to be a form of looting of society. You should read he following paper:  [Out of Control: The Coast-to-Coast Failures of Outsourcing Public Services to For-Profit Corporations](http://www.inthepublicinterest.org/sites/default/files/1213%20Out_of_Control.pdf)  The pending free trade agreements like the [super secretive TiSA](https://www.youtube.com/watch?v=2_pPqnbXpA4) that mandate vastly expanded privatizations and \"\"liberalisation\"\" (globalization) of  service sectors around the world, are not going to be beneficial, IMO. I feel strongly that they are going to be hugely disruptive.\""}
{"_id": "275237", "title": "", "text": "The equity you have is an asset. Locked away until you sell, and sometimes pledged as a loan if you wish. The idea that it's dead money is nonsense, it's a pretty illiquid asset that has the potential for growth (at the rate of inflation or slightly higher, long term) and provides you an annual dividend in the form of free rent.  In this country, most people who own homes have a disproportionate amount of their wealth in their house. This is more a testament to the poor saving rate than anything else. For me, a high equity position means that I can sell my home and buy a lesser sized house for cash. I am older and my own goal (with the mrs) is to have the house paid and college for the kid fully funded before we think of retiring. For others, it's cash they can use to rent after they retire. I hope that helped, there's nothing magic about this, just a lot of opinions."}
{"_id": "275244", "title": "", "text": "&gt;Automatization is ideal for major firms and big players who can cut costs and make more profit.  Well, that's the question. How are we going to deal with the situation in a scenario where humans become unemployable?"}
{"_id": "275249", "title": "", "text": "\"There are three (or four) ways that a company can grow: (Crowdfunding is a relatively new (in mainstream businesses) alternative financing method where people will finance a company with the expectation that they will benefit from the product or service that they provide.) Obviously a startup has no prior income to use, so it must either raise money through equity or debt. People say that one must borrow contingent on their salary. Banks lend money based on the ability to pay the loan back plus interest.  For individuals, their income is their primary source of cash flow, so, yes, it is usually the determining factor in getting a loan.  For a business the key factor is future cash flows.  So a business will borrow money, say, to buy a new asset (like a factory) that will be used to generate cash flows in the future so that they can pay down the debt.  If the bank believes that the use of the money is going to be profitable enough that they will get their money back with interest, they'll loan the money. Equity investors are essentially the same, but since they don't get a guaranteed payback (they only get paid through non-guaranteed dividends or liquidation), their risk is higher and they are looking for higher expected returns. So the question I'd have as a bank or equity investor is \"\"what are you going to do with the money?\"\"  What is your business strategy? What are you going to do that will make profits in the future?  Do you have a special idea or skill that you can turn into a profitable business?  (Crowdfunding would be similar - people are willing to give you money based on either the social or personal benefit of some product or service.) So any business either starts small and grows over time (which is how the vast majority of businesses grow), or has some special idea, asset, skill, or something that would make a bank willing to take a risk on a huge loan. I know, again, that people here tend to turn blind eyes on unfortunate realities, but people do make giant businesses without having giant incomes. The \"\"unfortunate reality\"\" is that most startups fail.  Which may sound bad, but also keep in mind that most startups are created by people that are OK with failing.  They are people that are willing to fail 9 times with the thought that the 10th one will take off and make up for the losses of the first 9.   So I would say - if you have some great idea or skill and a viable strategy and plan to take it to market, then GO FOR IT. You don't need a huge salary to start off.  You need something that you can take to market and make money.  Most people (myself included) either do not have that idea or skill to go out on their own, or don't have the courage to take that kind of risk.  But don't go in assuming all you need is a loan and you'll be an instant millionaire.  You might, but the odds are very long.\""}
{"_id": "275257", "title": "", "text": "The 1 month and 1 year columns show the percentage change over that period. Coupon (coupon rate) is the amount of interest paid on the bond each period (as specified on the coupon itself. Price is the normalised price of the bond; the price of taking a position of $100 worth of the principal in the bond. Yield is the interest rate that you would receive by buying at that price (this is the inverse of the price). The time is the time of the quote presented."}
{"_id": "275262", "title": "", "text": "\"Same here.  I usually buy store brand or really weird healthy \"\"crunchy vegan\"\" type shit, so unfortunately (for advertisers), I'm not the target demographic for like 99% of food advertising.   I see Applebees and Taco Bell commercials and kinda just shrug because that stuff is not appealing to me at all.   However, you show me some fresh kale and smoked almonds and homemade hummus and tabbouleh, and baby you got a stew goin' on....\""}
{"_id": "275263", "title": "", "text": "Historically when short term treasuries (maturity less than 5 years) have a higher yield than long term treasuries (10+ years) a recession has followed within a year or so.  Don't quote me on the bond maturities and how quickly a recession occurs but it's basically accurate.    Edit: we are not there right now but that seems to be the trending direction."}
{"_id": "275297", "title": "", "text": "In the scenario you describe, the first thing I would look at would be liquidity.  In other words, how easy is it to buy and sell shares.  If the average daily volume of one share is low compared to the average daily volume of the other, then the more actively traded share would be the more attractive.  Low volume shares will have larger bid-offer spreads than high volume shares, so if you need to get out of position quickly you will be at risk of being forced to take a lowball offer. Having said that, it is important to understand that high yielding shares have high yields for a reason.  Namely, the market does not think much of the company's prospects and that it is likely that a cut in the dividend is coming in the near future. In general, the nominal price of a share is not important.  If two companies have equal prospect, then the percentage movement in their share price will be about the same, so the net profit or loss you realise will be about the same."}
{"_id": "275298", "title": "", "text": "When Obama took office, the yearly deficit was $1.16 trillion, when he left office it was only $600 billion.  Yes, the total debt continued to increase because he didn't manage to get us to a surplus like Clinton did, but he made a lot of progress.  Compare this to the last three Republican presidents, W. Bush, Bush, and Regan, each of which increased the yearly deficit when they were in office.  Trump seems poised to continue the GOP's record of fiscal irresponsibility."}
{"_id": "275312", "title": "", "text": "\"&gt; No, what he's talking about are forums and other social sites that are too small to police all of the content their users post. He's saying that they are as guilty as the criminals you're speaking of.  Still no. You start off with \"\"no\"\" and then admit he was not talking about all small businesses. Now you claim that all small tech businesses are going to get involved in sex trafficking.  &gt;I, however, am an expert on the subjec  So are they publishers or common carriers?  &gt;He's saying that Google and Facebook and similar large corporations are legitimate, and all \"\"independent\"\" or small business competitors to them are criminals.  You don't even seem to be competent in English no less a subject domain expert.\""}
{"_id": "275319", "title": "", "text": "I think it's fairly obvious that I'm talking about people that have recently graduated college that are 21-25 years old. If you need me to spell it out, plenty of people make 100k out of college after having graduated at the age of &lt;25."}
{"_id": "275326", "title": "", "text": "Lmfao. You seriously believe one of the biggest companies in the world is making this deal in order to get into a niche area within the grocery store market...    Amazon is competing with Walmart, not Trader Joe's. One of the biggest setbacks with online retail is the cost of heavy items. This will give them the brick and mortar front in order to cut costs and compete effectively across a plethora of items."}
{"_id": "275334", "title": "", "text": "If you are looking for an index index fund, I know vanguard offers their Star fund which invests in 11 other funds of theirs and is diversified across stocks, bonds, and short term investments."}
{"_id": "275340", "title": "", "text": "No, there's nothing special in mutual funds or ETFs. Wash sale rules apply to any asset."}
{"_id": "275356", "title": "", "text": "If you can use and pay off your credit card in full every month, there are plenty of benefits including improved credit, reward points and more. Many fall into the trap of just making the minimum payments and facing high interest charges or missing payments and getting a hit on their credit reports.  To start off, put something small that you know you can pay off every month. It could be your Netflix or your gas. Make sure you pay it off before any interest is accrued. Over time, you can ask for higher limits to boost your utilization rate."}
{"_id": "275376", "title": "", "text": "Your urge to invest is a good one. If you don\u2019t invest your money, you're probably leaving about two thirds of it on the table. By the time you need the money (without knowing your exact future withdrawals, and taking national averages into consideration), investing would have grown it by three times.  As far as how much money you should invest...I invest everything I'm not going to use in the next month or two. My advisor is able to monitor my bank accounts and sweep any unused cash into investment accounts. Using AI, they're able to figure out exactly which days I'll be needing cash then put it back in my accounts before I need it. 1% of my portfolio is always kept in cash, for emergencies. With investing, there are lots of things to consider. You need to decide what to invest in - spread your money over many different asset classes - monitor market trends - have a plan for market ups and downs - regularly rebalance - maneuver the fun world of taxes.  Basically - asset management.  Vanguard mutual funds are an easy, affordable way to spread your money over many different assets, but they don't offer much when it comes to asset management. I'd suggest you find a flat fee advisor (no more than 1% of your managed assets) who listens to you, determines your goals, creates a plan based on upon, then executes it with no commission or execution costs. In this particular vein, robo advisors are the best bet. I don't want to come across like I'm selling something, however, I have had much satisfaction with online digital advisors. Hope this helps."}
{"_id": "275377", "title": "", "text": "Yes, this is definitely possible. You can optimize your credit worthiness within 18 months, you would first start with a secured credit card just to establish a little bit of credit history and then use that as a jumping point 6 months later to do several unsecured credit card applications. As a student, your primary limiting factor will be your truthful income when you apply for the cards, resulting in low limits, where using less than 30% of those limits is not a useful amount of money. Your credit scores can be looked at as a spendable balance. New inquiries spend some of that balance, low utilization earns you more of the balance. They will trend upwards with the right approach, and you can use the balance at their highs to time more inquiries. Note: My answers typically differ in that I narrowly tailor my answers to the question asked, and don't masquerade or acknowledge the idea of advice. Impulsive spenders with credit have bad credit, I can live with that."}
{"_id": "275382", "title": "", "text": "A tax of 0.01 cents on a transaction though would mean you'd wait until the spread was at least 0.02 cents before making the trade. But I particularly think the offender is not even day traders, it's the completely ridiculous fact that a person will offer to buy stock at a certain price, or lower,  another person will offer to sell the stock at a lower price, and before the transaction is completed another broker buys the stock and resells it, because his computer is located closer to the data center than either of the other two persons.  That guy is making money and wasting electricity and real estate to get it, and the ultimate purchaser is getting a worse deal.  We still have that problem, but the margins have been squeezed on the HTF guy a bit, so maybe it isn't an issue."}
{"_id": "275385", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-consumers-loans/u-s-cracks-down-on-debt-collection-of-private-student-loans-idUSKCN1BT26G) reduced by 73%. (I'm a bot) ***** &gt; WASHINGTON - The U.S. consumer financial watchdog on Monday ordered National College Student Loan Trusts and its debt collector, Transworld Systems Inc, to pay at least $26.1 million for attempting to collect on possibly non-existent or out-of-date loans.  &gt; According to the CFPB, the collection of 15 trusts purchased and securitized more than 800,000 private student loans, and then sold notes to investors.  &gt; Last summer the CFPB, charged with guarding individuals against predatory lending, proposed toughening regulation of debt collection industry after fielding thousands of complaints from people contacted about debts they did not owe or illegally harassed by collection agencies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70z1th/us_cracks_down_on_debt_collection_of_private/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~212498 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **Loan**^#2 **CFPB**^#3 **Trusts**^#4 **collection**^#5\""}
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{"_id": "275392", "title": "", "text": "Theoretically, when a company issues more shares, it does not affect the value of your shares.  The reason is that when a company issues and sells more shares, the proceeds from the sale of those shares goes back into the company. Using your example, you have 10 out of 100 shares of the company, for a 10% stake.  Let's say that the shares are valued at $1,000 each, meaning that the market value of the company is $100,000, and your stake is worth $10,000. Now the company issues 100 more shares at $1,000 each.  The company receives $100,000 from new investors, and now the company is worth $200,000.  Your stake is now only 5% of the company, but it is still worth $10,000. The authorized share capital is the amount of shares that a company has already planned on selling.  When you buy stock in a company, you can look up how many shares exist, so you know what your percent stake in the company is.  When a company wants to sell more shares, this is called an increase of authorized share capital.  In order to do this, the company generally needs the approval of a majority of the existing shareholders."}
{"_id": "275395", "title": "", "text": "&gt; Companies shouldn't be weasling ways to skirt the spirit of the law.  Hahah ahahahahah hahaha. Ha. That's good.   You're 100% right, but manipulating a system and screwing others for personal gain is innate in humans. There are plenty that are good and won't step on others to get ahead, but a lot out there won't."}
{"_id": "275408", "title": "", "text": "And rich person is more likely not to choose subpar government services when they can choose something else. Meaning if the were allowed to opt out of this monopoly service provider they would. Meaning the only ones who want government services is those who want someone else to pay for it for them."}
{"_id": "275410", "title": "", "text": "\"TARP was ~$475 billion of loans to institutions.  Loans that are to be paid back, with interest (albeit very low interest).  A significant percentage of the TARP loans have been (or will be) paid back.  So, the final price tag of the TARP was only a few $billion (pretty low considering the scale of the program). There is ~$10 trillion in mortgage debt outstanding.  That's a much higher price tag than TARP.  Secondly, paying off the mortgages = no repayment to the government as there was with TARP.  The initial price tag of your plan would be ~$10 trillion, instead of a few $billion. Furthermore how does a government with >$15 trillion in debt already come up with an extra ~$10 trillion to pay off people's mortgages?  Should the government go deeper into debt?  Print more money and trigger inflation? (Note:  Some people like to talk about a \"\"secret bailout\"\" by the Fed, implying that the true cost of TARP was much higher than claimed by the government.  The \"\"secret bailout\"\" was a series of short-term low/no interest loans to banks.  Because they were loans, which were paid back, my point still stands.)  Some other issues to consider: Remember that the principal balance of your mortgage is only a small portion of your payments to the bank.  Over 30 years, you pay a lot of $$$ in interest to the bank (that's how banks make a profit).  Banks are expecting that revenue, and it is factored into their financial projections.  If those revenue streams suddenly disappeared, I expect it would majorly screw the up the financial industry. Many people bought houses during the real estate boom, when housing prices were inflated far beyond the \"\"real\"\" value of the house.  Is it right to overpay for these houses?  This rewards the banks for accepting the inflated value during the appraisal process.  (Loan modification forces banks to accept the \"\"real\"\" value of the house.) The financial crisis was triggered by people buying houses they could not afford.  Should they be rewarded with a free house for making poor financial decisions?\""}
{"_id": "275418", "title": "", "text": "\"I agree it seems insulting to pay the credit reporting agencies, but I have no choice at this point. I'd rather pay the small fee per each of them, to freeze accounts, then have thousands stolen. My husband has excellent credit and also we have a rather substantial savings account, that his info could give \"\"would be\"\" identity thieves access too.  This whole situation is messed up, and unacceptable! For one, no one EVER gave these credit reporting agencies access to their info, it's just a \"\"give in\"\" being born here. And for two, no one asked for their information to be kept in insecure databases. Higher standards need to be implemented.  My poor 72 year old father is outraged when I tell him his info is online. He says, \"\"I don't use the Internet!!! How can it be there?!?!\"\" (Poor old soul lol)  I just said, \"\"well dad, it is, whether you use it, or like it or not. It's there\"\"  I just need to make sure we are taking the correct steps to protect ourselves. Honestly, I am not finance savvy. This is why I'm asking here in this sub. Thank you for responding, and thanks to anyone else who may offer any advice.  I'm not terrified, but I'm definitely miffed...\""}
{"_id": "275422", "title": "", "text": "\"Not to state the obvious, but whenever an investment is being made, the \"\"nuts and bolts\"\" is your return on investment.  Analyzing the rate of return on an investment is the primary factor in any decision.  Ideally, once the actual mechanics of investment and side \"\"benefits\"\" are factored out, the goal is to be able to analyze the pure financial return. Usually the biggest problem faced in analyzing various investments is comparing the Present Value of an investment to a series of payments that may be made or received in the future.  When considering the purchase of a large equity, for example, you might be looking at what series of payments are required to purchase the asset.  You can also reverse this and ask, \"\"What amount of money is equivalent to this series of payments?\"\" Ultimately, the Present Value of an Annuity is the way to make these comparisons equal.   Fundamentally, the Present Value of an annuity is an amount of money that should, in theory, be equivalent to a series of payments.  There is, for example, technically no difference between $1064.94 today and $100 a month for a year, at an interest rate of 1% per month.  Grant you, most people would be happier with the money now, but that is what interest does - it compensates you for waiting on your money.   You can fire up a spreadsheet and calculate the Present Value as long as you have the monthly payment, interest rate, and number of periods.  Alternatively, you can calculate any one of those missing four variables - and the key is usually to understand what that rate would be in order to compare the investments. Finally, the taxable implication is really just an adjustment to the rate of return. Imagine the following three scenarios: (Obviously the rates are fictional - the goal is to show they are the same). Scenarios 1 & 2 are really just two sides of the same coin.  Using the Future Value formula in Excel = FV(0.5%, 12, -100), you get $1233.56.  In scenario 1, you would have $1233.56 in your bank account.  In scenario 2, your bank would have $1233.56 from you, and you would have $100 less debt per month.  They are equivalent transactions.   Scenario 3 is really just a variation on scenario 2, localized to the United States.  Because the interest is tax deductible, however, the rate of 6% isn't really accurate.  Assuming you had a 25% tax bracket, you'd actually be getting back one quarter of your interest.  Put another way, 7.5% mortgage interest costs you as much as 6% credit card debt. This is how you compare apples and organges - just turn everything into an annuity or a lump sum, using Present Value calculations.   Finally, quick rule of thumb - if you owe taxes in both Canada and the US, your Canadian taxes are probably higher than your American ones.  As such, any tax incentives will be concomitantly higher.  If you only can only use Canadian tax incentives, then look to those incentives, other things being equal.\""}
{"_id": "275444", "title": "", "text": "Regarding the mortgage company, they will want to know where the down payment came from, and as long as you are honest about it, there is no fraud. It's possible that the mortgage company may have some reservations about the deal now that they know where the down payment came from, but that will depend on the size of the deal and other factors. If everyone involved has decent credit, and this is a fairly standard mortgage, it will probably have no impact at all."}
{"_id": "275461", "title": "", "text": "I think Amazon over paid a bit. Whole foods was closing stores and on their way to massive losses due to their insanely high price points on goods being non competitive vs trader joe's, walmart and the like. I guess this bid was like a god send for them and whole foods was definitely a motivated seller by this point."}
{"_id": "275477", "title": "", "text": "&gt;but in the real world it takes no real skill to work at Walmart.  Neither does your garbage man, but you still need someone to actually pick up your garbage. You don't pay people enough to do an otherwise lack luster job they aren't going to do it and then where will you be?"}
{"_id": "275481", "title": "", "text": "I would probably try to find a job back home or around school in a company doing wealth management or something financial. After your second year, leverage your first summer and aim for smaller groups in big cities that might not recruit heavily and aren't bulge or a high name boutique but still do serious finance and learn a lot. Third year, shoot for the big names and talk about your experience, that will set you a part from everyone else who likely has little finance experience."}
{"_id": "275494", "title": "", "text": "\"Yes, you are absolutely correct. I do understand the concept of \"\"intrinsic value\"\" with regards to bonds and options and other marketing and finance terms, but I think people have tried also to apply this term to economics and politics, and it's very difficult to do so in a manner that doesn't really bring out the fact that these are *social sciences*.\""}
{"_id": "275512", "title": "", "text": "Neither I nor the greater study of Economics disputes the emotions of the individual in making their decisions.  Short term, non-cooperative decision making is a classic, very common example of where people make decisions in the short run that do not benefit them in the long run based on their emotional reaction to the situation at hand. Thats why we compensate people for the value of their labor and not our moralistic interpretation of their needs.  I also have disputed the generosity of individuals in making their decisions, which you have failed again and again and again to rebut.  I have also disputed the use of false morality in state level judgements of what people should do."}
{"_id": "275516", "title": "", "text": "I think the point is that m2 is 13.7 trillion usd, the Swiss investment is not even *half* a percent.  The us equities marker valuation is larger at 22.5 trillion USD. Dumping an extra 100 bil usd is too little to do anything. Even dumping a trillion USD  is a relatively small number."}
{"_id": "275525", "title": "", "text": "Any time a large order it placed for Buy, the sell side starts increasing as the demand of Buy has gone up. [Vice Versa is also true]. Once this orders gets fulfilled, the demand drops and hence the Sell price should also lower. Depending on how much was the demand / supply without your order, the price fluctuation would vary. For examply if before your order, for this particular share the normal volume is around 100's of shares then you order would spike things up quite a bit. However if for other share the normal volume is around 100000's then your order would not have much impact."}
{"_id": "275532", "title": "", "text": "Well, if they were lemons, the value is significantly less than what GS sold them to the government for. What is more sad is that Fannie and Freddie are going to get made whole and we are going to pretend like their incompetence and lack of due diligence never happened.   Back to business as usual, until the next time the hacks at these government agencies get burned."}
{"_id": "275543", "title": "", "text": "This doesn't sound very legal to me. Real estate losses cannot generally be deducted unless you have other real estate income. So the only case when this would work is when that person has bunch of other buildings that do produce income, and he reduces that income, for tax purposes, by deducting the expenses/depreciation/taxes for the buildings that do not. However, depreciation doesn't really reduce taxes, only defers them to the sale. As mhoran_psprep said - all the rest of the expenses will be minimal."}
{"_id": "275555", "title": "", "text": "I looked around and I don't think there's any way to do what you want completely in Quicken.  This should get you the graph, though: Here's what mine looked like (I whited out the numbers on the vertical axis):  Once this is done, it's faster in the future to add data to this chart."}
{"_id": "275566", "title": "", "text": "Hopefully it gets past the fcc review I'm sure VZW and AT&amp;T will lobby hard against this.  Also I hope they don't add bandwidth caps.  I'm grandfathered in with VZW and their new pricing model looks terrible to me."}
{"_id": "275567", "title": "", "text": "Let's talk about the Constitution. The Constitution has two purposes: To list *a portion of* person's (*not just Americans, but all persons*) inalienable rights, and to list *the only things* that the government is *allowed* to do. So I have no fucking *clue* where you got the idea that states have *rights*. Only *persons* have rights. States are *allowed*, by persons, to do certain things, but *cannot* have *rights*. **Rights** are exclusive to **persons**."}
{"_id": "275575", "title": "", "text": "The few short years of economic pain from the devaluation will produce a better and growing economy over the long run.   My thought with their devaluing of the currency is that more foreign capital would flow in and be used for investment which would lead to economic growth."}
{"_id": "275581", "title": "", "text": "TL; DR version:  What you propose to do might not save you taxes, and may well be illegal. Since you mention your wife, I assume that the Inherited IRA has been inherited from someone other than your spouse; your mother, maybe, who passed away in Fall 2015 as mentioned in your other question (cf. the comment by Ben Miller above)? If so, you must take (at least) the Required Minimum Distribution (RMD) from the Inherited IRA each year and pay  taxes on the distribution. What the RMD is depends on how old the Owner of the IRA was when the Owner passed away, but in most cases, it works out to be the RMD for you, the Beneficiary, considered  to be a Single Person (see Publication 590b, available on the IRS web site for details). So, Have you taken the (at least) the RMD amount for 2016 from this Inherited IRA? If not, you will owe a 50% penalty of the difference   between the amount withdrawn and the RMD amount. No, it is not a typo;   the penalty (it is called an excise tax) is indeed 50%. Assuming that the total amount that you have taken as  a Distribution from the Inherited IRA during 2016 is the  RMD for 2016 plus possibly some extra amount $X, then that amount is included in your taxable income for that year.  You cannot rollover any part of the total amount distributed into  your own IRA and thereby avoid taxation on the money. Note that it does not matter whether you will be rolling over the money into an existing IRA in your name or will be establishing a new rollover IRA account in your name with the money: the prohibition applies to both ways of handling the matter. If you wish, you can roll over up to $X (the amount over and above the RMD) into a new Inherited IRA account titled exactly the same as the existing Inherited IRA account with a different custodian. If you choose to do so, then the amount that you roll over into the new Inherited IRA account will not included in your taxable income for 2016. To my mind, there is no point to doing such a rollover unless you are unhappy with the current custodian of your Inherited IRA, but the option is included for completeness. Note that the RMD amount cannot be rolled over in this fashion; only the excess over the RMD. If you don't really need to spend the money distributed from your Inherited IRA for your household expenses (your opening statement that your income for 2016 is low might make this unlikely), and (i) you and/or your spouse received compensation (earned income such as wages, salary, self-employment income, commissions for sales, nontaxable combat pay for US Military Personnel, etc) in 2016, and (ii) you were not 70.5 years of age by December 2016,  then you and your wife can make  contributions to existing IRAs in your names  or establish new IRAs in your names.  The amount that can be contributed for each IRA is limited to the smaller of $5500 ($6500 for people over 50) and that person's compensation for 2016, but if a joint tax return is filed for 2016, then both can make contributions to their IRAs as long as the sum of the amounts contributed to the IRAs does not exceed  the total compensation reported on the joint return.  The deadline for making such IRA contributions is the due date for your 2016 Federal income tax return. Since your income for 2016 is less than $98K, you can deduct the entire IRA contribution even if you or your wife are covered by an employer plan such as a 401(k) plan.  Thus, your taxable income will be reduced by the IRA contributions (up to a maximum of $11K (or $12 K or $13K depending on ages)) and this can offset the increase in taxable income due to the  distribution from the Inherited IRA.      Since money is fungible, isn't this last bullet point achieving the same result as rolling over the entire $9.6K (including the RMD) into an IRA in your name, the very thing that the first bullet point above says cannot be done? The answer is that it really isn't the same result and differs from what you wanted to do in several different ways. First, the $9.6K is being put into IRAs for two different people  (you and your wife) and not just you alone. Should there, God forbid, be an end to the marriage, that part of your inheritance is gone. Second, you might not even be entitled to make contributions to IRAs (no compensation, or over 70.5 years old in 2016) which would make the whole thing moot. Third, the amount that can be contributed to an IRA is limited to $5500/$6500 for each person. While this does not affect the present case, if the distribution had been $15K instead of $9.6K,  not all of that money could be contributed to IRAs for you and your wife. Finally, the contribution to a Traditional IRA might be non-deductible for income tax purposes because the Adjusted Gross Income is too high;  once again, not an issue for you for 2016 but something to keep in mind for future years. In contrast, rollovers from one IRA into another IRA (both titled the same) can be in any amount, and they can be done at any time regardless of whether there is compensation for that year or not or what the Adjusted Gross Income is or whether there is coverage by a 401(k) plan. There are no  tax consequences to rollovers unless the rollover is from a Traditional IRA to a Roth IRA in which case, the distribution is included in taxable  income for that year.  What is prohibited is taking the entire amount of the $9.6K distribution from an Inherited IRA and rolling it over  into your existing IRA (or establishing a Rollover IRA in your name with that $9.6K); ditto for some money going into your IRA and some into your wife's IRA. I expect that any IRA custodian will  likely refuse to allow you to carry out such a rollover transaction but will be glad to accept 2016 contributions (in amounts of up to $5500/$6500) from you into existing IRAs or open a new IRA for you. The custodian will not ask whether you have compensation for 2016 or not (but will check your age!); it is your responsibility to ensure that you do not contribute more than the compensation etc. Incidentally, subject to the $5500/6500 maximum limit, you can (if you choose to do so) contribute the entire amount of your compensation to an IRA, not just the take-home pay amount (which will be smaller than your compensation because of withholding for Social Security and Medicare tax, State and Federal income tax, etc)."}
{"_id": "275593", "title": "", "text": "In the US, money talks and bullshit walks. You can skip any credit history requirement if you demonstrate your ability to pay in a very obvious way. Credit history is just a standardized way of weeding out people that cannot reliably pay, instead of having to listen to an individual's excuses about how the bank overdrafted their account five times while they were waiting for their friend to pay them back for bubble gum. If you can show up with a wad of cash, you can get the car, or the apartment, or the bank account without the troubles of everyone else.  But you can begin building credit with a secured credit card pretty easily. This will be useful for things like utilities and sometimes jobs. Also, banks won't be opposed to giving you credit if you have a lot of money in an account with them. You should be able to maintain an exemption from all socioeconomic problems in the United States, solely due to your experience with money and assets."}
{"_id": "275601", "title": "", "text": "I don't understand how this gets propped up on reddit all the time. Before a candidate works at a job, he and his employer reach an agreement on what the pay will be. If the candidate doesn't agree, he doesn't work there.   If the minimum wage was $0, and an employer advertised a wage of a penny an hour, no one would take that job which forces the employer to go without an employee, or the employer increases the compensation to entice candidates to apply.  If a candidate agrees to work for whatever pay is mutually agreed upon, where is the harm?"}
{"_id": "275633", "title": "", "text": "Also lawyer, but I don't do any employment law. Common law concepts like unconscionability and negligence can still be actionable, even if expressly waived, right? I've seen cases where a person signed a liability waiver but was still able to pursue a suit against the other side under a theory of negligence. The case I read stated that a liability waiver didn't absolve the defendant from his duty to take reasonable precautions."}
{"_id": "275656", "title": "", "text": "Seeing a lot of comments about differing prices on the best buy website and in-store. The store has to match the price. They don't have a choice.   And I don't know if its just my store or if its company wide but we match Amazon and other websites now."}
{"_id": "275657", "title": "", "text": "While the rest of the answers seem to be focusing on the parenting strategies around giving children an allowance, I'd like to address how to accomplish that.   I think the best most reasonable way to just to supply him with a checking and savings account at whichever bank you use.  Most reasonable banks will have some form of no-fee account for minors/young people; others will waive fees if you have it paired with your account.  Whatever way to can swing it, get the kid an account he can deposit/withdraw from and that is free of any additional services.  He doesn't need to learn the pain of overdrafts or random fees yet.  Then, just set up a recurring weekly/monthly transfer to the account, and let him determine his own allocation to savings and spending.  If he can manage it online, even better, that's a far more useful skill than knowing how to fill out a deposit slip at the bank."}
{"_id": "275670", "title": "", "text": "The reason it is coming out now is because Tesla's workforce relations are deteriorating and they want to do some damage control. The assembly workers are getting hurt all the time and are so pissed off they actually want to unionize. I don't even blame them because it must suck to be getting factory wages at a tech company."}
{"_id": "275677", "title": "", "text": "\"One of the things that make internet companies so profitable is that there is no additional costs to \"\"sell another widget\"\".  With something like EBay, there is no additional cost to add another auction/sale.  While this is true for a single auction, it eventually becomes untrue.  If you add one million auctions, the company may pay additional bandwidth, storage fees, system engineering fees, and even development fees to make the site able to handle that much volume. Sorry that I am unfamiliar with GoodGuide but I am sure you can extrapolate.\""}
{"_id": "275678", "title": "", "text": "Advertising has programmed us to not trust it buy constantly exaggerating or straight up lying about its products. When you assume that the ad is going to be BS fluff anyway every ad is annoying because it isn't communicating any useful information, and therefore a waste of time."}
{"_id": "275690", "title": "", "text": "This just proves when you're able to offer a physical product or service it is always a good investment. Especially because they own so much land. It's nice to see a company IPO that isn't an investment group, or an online business, but an actual producer of physical goods. And also the fact that it has a market cap of $3.3 bln, a number that looks like it can easily grow over time (citing Facebook's ~$100 bln entry point)."}
{"_id": "275706", "title": "", "text": "Overpaying a credit card to create a large positive balance may cause a bank to red flag your account.  This is a technique used in fraud for check kiting (write or deposit a fraudulent check to overpay your credit card, then demand a refund on the balance overpaid before the check bounces.) Every bank is different: Talk to your bank first before you try this.  For a small balance ($5-20) overpayment isn't a big deal, it happens regularly... just spend down the balance.  Past that, you might be harming your credit record or risk closing the account if the bank disagrees with how you are using an overpaid balance for a larger purchase, or you risk unwanted law enforcement attention aimed at your finances. If you are trying to do this to build your creditworthiness, a secured card is better for this purpose.  Disagree with your credit limit? Deposit more in the holding account."}
{"_id": "275711", "title": "", "text": "\"&gt;If Nike went bankrupt, should Lebron James NBA salary be taken from him?  Well no, because Nike doesn't own the NBA (that I am aware of anyway),but LeBron might lose his endorsement income via Nike.  The point I am trying to make is bankruptcy law (both corporate and personal) were put into place for individual protection.  It affords us all a kind of \"\"do over\"\".  To make it a regular business practice, and in some cases it's your ENTIRE business plan is (in my opinion) unethical and a manipulation of the laws.\""}
{"_id": "275749", "title": "", "text": "A flat tax rate is terrible; economically but also morally. On the one hand, it seems morally right to me that the rich should contribute to a larger share of government spending.   But that aside, economically it makes sense for wealthier people to be taxed more as they are far likelier to save any spare money at the end of the month (which, by definition, if they are rich, should be plenty with a flat rate). Poorer people, meanwhile, are far likelier to spend any extra income; either out of necessity and deprivation or perhaps as investments that they have been putting off. Even small luxuries can now be fitted into the budget, like meals in a restaurant or strong, comfortable shoes.      My point is that this very consumption creates a demand* becomes vital to maintaining more demand. And have you heard how demand that needs supply creates it's own demand? I know, it's crazy but it's an actual eonomic concept called [Say's law](https://www.economist.com/news/economics-brief/21726050-third-brief-our-series-looks-reasoning-made-jean-baptiste-say)"}
{"_id": "275758", "title": "", "text": "High taxes and tax breaks have done. Tax breaks can only be accessed if you can essentially afford a descent accountant. For that to makes sense you need to earn a large amount of money. So proportionally the middle classes end up paying the most tax and gets the least for it."}
{"_id": "275768", "title": "", "text": "Put Options. They're less risky than shorting, and have similar upsides. The major difference is that if the price goes up, you're just out the underwriting price. You'll also need to know when the event will happen, or you risk being outwaited.  More traditionally, an investor would pull their money out of the market and move into Treasury bonds. Recall that when the market tanked in 2008, the price of treasuries jumped. Problem is, you can only do that trade once, and it hasn't really unwound yet. And the effect is most pronounced on short term treasuries, so you have to babysit the investment. Because of this, I think some people have moved into commodities like gold, but there's a lot of risk there. Worst case scenario you have a lot of shiny metal you can't eat or use."}
{"_id": "275777", "title": "", "text": "It depends. An ADR might be exposed to a larger market (let's say American) with more volume and thus lower spreads, and thus cheaper. But it can also be the other way around, that the ADR serves a smaller market than the home market. I would go for the largest market, with the most volume so it's quicker and cheaper to buy/sell. Often ADR has less shares, meaning that the availability is lower and the prices higher (more expensive). This is often the case with Asian stocks where governments try to limit their company's exposure to foreigners. As a general rule I would buy the 'home' stock instead of ADR. From a tax standpoint it's also easier to comply with local laws. Your local accountant will be more familiar dealing with local stocks."}
{"_id": "275784", "title": "", "text": "I think you have just explained why it impossible for me to find a job. I have the skill set that matches the job description and hardly ever get asked for an interview. Do you have any further information about how widespread this practice may be. What size organizations does it affect?"}
{"_id": "275785", "title": "", "text": "Good point.  Maybe someone should invent a 'trust system' similar to the one that many new companies in the 'shared economy' sector use (like Airbnb, Uber etc.) where users rate the state of the vehicle when it arrives.  Those users that leave it in a bad condition will get bad ratings and will quickly find that either they have to pay a cleaning penalty, and/or the cost of the next vehicle hire increases, and/or they are declined from using the service in the future.  Whereas those that consistently look after the vehicle will be incentivized with bonuses and/or discounts.  If a user does find the vehicle to be uninhabitable then they would record this fact on their smart device and be offered a replacement vehicle and/or discounts etc."}
{"_id": "275824", "title": "", "text": "The $10,000 is only for international travel, that you have to declare it I mean, you can still carry more.  Interstate travel you should be able to carry as much as you'd like.  The deal with banks is that any deposits over $10,000 have to be reported to the IRS.  If he has a bill of sale or some other such device there should be no issues with the banks.  Now if he doesn't claim the income on his taxes, he could have issues with the IRS though.  A quick search would give you all that information and more..."}
{"_id": "275833", "title": "", "text": "I don't recommend Roth for those in the 25% bracket. If you are in the 25% bracket now, I'd suggest you go pretax and as you are planning to be in a lower bracket in a few years, use that bracket to convert. Depositing today at 25% to convert at 15% in a few years puts you that much ahead.  I understand the allure of a Roth heavy strategy. And the fuzzy crystal ball for what the tax code will look like doesn't help. That said, a retiree today who is a few years too young for Social Security will see an Exemption + STD deduction of $10,000, and a 15% bracket ending at $36,250, so $46,250 total with a total tax bill of $4991. A retiree should target $250K-$500K pretax to stay flexible and not miss these low brackets in the future."}
{"_id": "275838", "title": "", "text": "Because a wire transfer requires the individual bank to bank process, it is usually more expensive than an automated clearing house, which requires minimal involvement by individuals at financial institutions. Many ACH transactions come with only a small fee, or even no fee at all, since they are run with more efficiency. However, if you want a better guarantee that your money will arrive on time, it might be worth it to pay the wire transfer fee. With both cases, it is possible for errors to be made. However, since you often get to review the information before it is sent with a wire transfer, the method is a little more secure. Also, because identities are verified with wire transfers that take place between bank accounts, there is less chance of fraud. Wire transfers that take place between financial institutions are generally considered quite secure. from http://www.depositaccounts.com/blog/difference-between-wire-transfer-and-ach.html"}
{"_id": "275846", "title": "", "text": "You can open an account in US without having SSN. You need to be physically present to open the account."}
{"_id": "275852", "title": "", "text": "A Home Equity Line Of Credit (HELOC) is simply a special type of secured credit. Secured credit is credit provided to you, where the lender has some rights to an associated asset in the event that you default. In the case of a HELOC, much like a mortgage, if you default on the payment terms, the bank may be legally able to foreclose on your house, sell the foreclosed property, and take the money owed to it from the proceeds, leaving you with any net remainder. Whether your friend will be able to have a bank offer her credit secured against her business assets would depend on a variety of factors. She should talk to her bank to see whether it would be possible in her case."}
{"_id": "275902", "title": "", "text": "This situation sounds better than most, the company it seems likely to be profitable in the future.  As such it is a good candidate to have a successful IPO.   With that your stock options are likely to be worth something.  How much of that is your share is likely to be very small.  The workers that have been their since the beginning, the venture capitalist, and the founders will make the majority of profits from an IPO or sale.  Since you and others hired at a similar time as you are assuming almost no risk it is fair that your share of the take is small.   Despite being 1/130 employees expect your share of the profits to be much smaller than .77%.  How about we go with .01%?   Lets also assume that they go public in 2.5 years and that revenues during that time continue to increase by about 25M/year.  Profit margins remains the same.  So revenues to 112M, profits to 22.5M. Typically the goal for business is to pay no more than 5 times profits, that could be supplanted by other factors, but let's assume that figure.  So about 112M from the IPO.  So .01% of that is about 11K.  That feels about right. Keep in mind there would be underwriting fees, and also I would discount that figure for things that could go wrong.  I'd be at about 5K. That would be my expected value figure, 5K.  I'd also understand that there is a very small likelihood that I receive that amount.  The value received is more likely to be zero, or enough to buy a Ferarri. There might also be some value in getting to know these people.  If this fails will their next venture be a success. In my own life, I went to work for a company that looked great on paper that just turned out to be a bust.  Great concept, horrible management, and within a couple of years of being hired, the company went bust.  I worked like a dog for nothing."}
{"_id": "275925", "title": "", "text": "\"(Real) interest rates are so low because governments want people to use their money to improve the economy by spending or investing rather than saving. Their idea is that by consuming or investing you will help to create jobs that will employ people who will spend or invest their pay, and so on. If you want to keep this money for the future you don't want to spend it and interest rates make saving unrewarding therefore you ought to invest. That was the why, now the how. Inflation protected securities, mentioned in another answer, are the least risk way to do this. These are government guaranteed and very unlikely to default. On the other hand deflation will cause bigger problems for you and the returns will be pitiful compared with historical interest rates. So what else can be done? Investing in companies is one way of improving returns but risk starts to increase so you need to decide what risk profile is right for you.  Investing in companies does not mean having to put money into the stock market either directly or indirectly (through funds) although index tracker funds have good returns and low risk. The corporate bond market is lower risk for a lesser reward than the stock market but with better returns than current interest rates. Investment grade bonds are very low risk, especially in the current economic climate and there are exchange traded funds (ETFs) to diversify more risk away. Since you don't mention willingness to take risk or the kind of amounts that you have to save I've tried to give some low risk options beyond \"\"buy something inflation linked\"\" but you need to take care to understand the risks  of any product you buy or use, be they a bank account, TIPS, bond investments or whatever. Avoid anything that you don't fully understand.\""}
{"_id": "275929", "title": "", "text": "Do you think Buffet's track record is a result of luck?   Also it is tough to compare Singer and Buffet because their strategies are so different. Paul Singer's investing focuses on activism &amp; distress, whereas Buffet is a value investor."}
{"_id": "275932", "title": "", "text": "\"I think it's apt to remind that there's no shortcuts, if someone thinks about doing FX  fx: - negative sum game (big spread or commissions) - chaos theory description is apt - hard to understand costs (options are insurance and for every trade there is equivalent option position - so unless you understand how those are priced, there's a good chance you're getting a \"\"sh1tty deal\"\" as that Goldman guy famously said) - averaging can help if timing is bad but you could be just getting deeper into the \"\"deal\"\" I just mentioned and giving a smarter counterparty your money could backfire as it's the \"\"ammo\"\" they can use to defend their position.  This doesn't apply to your small hedge/trade? Well that's what I thought not long ago too! That's why I mentioned chaos theory. If you can find a party to hedge with that is not hedging with someone who eventually ends up hedging with JPM/Goldman/name any \"\"0 losing days a year\"\" \"\"bank\"\".. Then you may have a point. And contrary to what many may still think, all of the above applies to everything you can think of that has to do with money. All the billions with 0-losing days need to come from somewhere and it's definitely not coming just from couple FX punters.\""}
{"_id": "275935", "title": "", "text": "Balanced out might be a better way to put it.  Imports become cheaper, driving down inflation, which should permit companies to operate at a lower cost, which should eventually work to limit or eliminate the impact of the shift.  These balancing factors generally occur in the long term and specific sectors of the economy will be impacted to different degrees."}
{"_id": "275936", "title": "", "text": "Just want to point out the Wells scandal happened right under the CFPB's nose - which this bill is trying to get rid of. They are too busy trying to entrap the mortgage brokers from The Big Short that they have become a bloated and useless mess."}
{"_id": "275943", "title": "", "text": "\"There are some useful answers here, but I don't think any of them are quite sufficient.  Yes, there are some risks involved in CFD trading, but I will try and give you information so you can make your own decision. Firstly, Cyprus is part of the EU, which gives it a level of credibility.  I'm not saying it's the safest or most well regulated market in the world, but that in itself would not particularly scare me away.  The far more important issue here is the risk of using CFDs and of eToro themselves. A Contract for Difference is really just a specialization of an Equity Swap.  It is in no way like owning a real stock.  When you purchase shares of a company you own a real Asset and are usually entitled to dividends and voting rights.  With a CFD, what you own is one side of a Swap contract.  You have a legal agreement between yourself and eToro to \"\"swap\"\" the return earned on the underlying stock for whatever fees eToro decide to charge.  As already mentioned, CFDs are not available to US citizens. Equity swaps have many benefits in financial markets.  They can allow access to restricted markets by entering into swaps with banks that have the necessary licenses to trade in places like China.  Many \"\"synthetic\"\" ETFs use them in Europe as a way to minimize tracking error as the return is guaranteed by the swap counterparty (for a charge). They also come with one signficant risk: counterparty credit risk.  When trading with eToro, for as long as your position is open, you are at risk of eToro going bankrupt.  If eToro failed, you do not actually own any stocks, you only own swap contracts which are going to be worthless if eToro ceased to exist. CFDs also have an ongoing cost to maintain the open position.  This makes them less suitable for buy and hold strategies as those ongoing costs will eat into your returns.  It's also not clear whether you would receive any dividends paid by the stock, which make up a significant proportion of returns for buy and hold investors.  eToro's website is fairly non-committal: eToro intends to offer a financial compensation representing the dividends which will be allocated on stocks, to the extent such dividends shall be available to eToro. All of these points expose what CFDs are really for - speculating on the stock market, or as I like to call it: gambling.  If you want to invest in stocks for the long term, CFDs are a bad idea - they have high ongoing costs and the counterparty risk becomes significant.  Wait until you have enough money and then buy the real thing.  Alternatively, consider mutual funds which will allow you to purchase partial shares and will ensure your investment is better diversified across a large number of stocks.  If however, you want to gamble and only keep your position open for a short time, these issues may not be of concern to you. There's nothing wrong with gambling, it can be fun, many people gamble in casinos or on football matches - but bear in mind that's what CFDs are for.  CFDs were in fact originally created for the UK market as a way to avoid paying capital gains tax when making short term speculative trades.  However, if you are going to gamble, make sure you're not putting any more than 1% of your net worth at risk (0.1% may be a better target). There are a few other ways to take a position on stocks using less money than the share price: Fortunately, eToro do not allow leveraged purchase of stocks so you're reasonably safe on this point.  They claim this is because of their 'responsible trading policy', although I find that somewhat questionable coming from a broker that offers 400:1 leverage on FX pairs. One final word on eToro's \"\"social trading\"\" feature.  A few years ago I was in a casino playing Blackjack.  I know nothing about Blackjack, but through sheer luck of the draw I managed to treble my money in a very small amount of time.  Seeing this, a person behind me started \"\"following\"\" me by putting his chips down on my seat.  Needless to say, I lost everything, but amazingly the person behind me got quite annoyed and started criticizing my strategy.  The idea of following other people's trades just because they've been lucky in the past sounds entirely foolish to me.  Remember the warning on every mutual fund: Past performance does not guarantee future returns\""}
{"_id": "275960", "title": "", "text": "Contraceptives aren't being taken away in most instances (exception of abortion). If you got the money you can buy condoms, spermicide, vasectomies, plan B, etc. I think people are arguing that society shouldn't have to pay for that for the individual."}
{"_id": "276009", "title": "", "text": "It's better to use the accounting equation concept: Asset + Expenses = Capital + Liabilities + Income If you purchase an asset: Suppose you purchased a laptop of $ 500, then its journal will be: If you sell the same Laptop for $ 500, then its entry will be:"}
{"_id": "276019", "title": "", "text": "&gt; Now, I'm all for legalizing marijuana but not if people don't accept the fact that it is a drug and you should not be driving after smoking. Too many people refuse to accept that fact and it results in people dying.  How does keeping it illegal solve any of that?"}
{"_id": "276020", "title": "", "text": "\"&gt;&gt; You have the same problem with soybeans (Geraldes Castanheira, 2013), it's a problem with production that affects all agriculture.  &gt; You aren't getting it. Animals don't grow out the ground like plants do. You need to grow plants and then feed them to the animals to grow. The very first sentence in the soy article you sent me is \"\"The increase in soybean production as a source of protein and oil is being stimulated by the growing demand for livestock feed...\"\". You cannot win an efficiency fight in this, in the same way you cannot win an argument saying it is more efficient to create wine than it is to create grapes.   I think you didn't understand what I was pointing out. Burning down rain forest to clear land for livestock or burning down rain forest to grow soybeans for human consumption cause the same problems.   The problem is with burning down rain forest, not what you use the land for.  As I pointed out earlier we don't have an efficiency problem for food, we're not going to tell people to stop drinking wine as it's more efficient to just eat the grapes. We could also use the land to grow food for people but I've seen very few people passionately argue that people should stop drinking wine.  &gt;&gt; The point is that we can double the earth population without running out of food, and then we can add another 40% in the US by simply not throwing away the food, then we can optimize land use, and not all land is suitable for growing crops so we get more food by using it for meat.  &gt; Arguing to continue proven damaging behaviours because we can \"\"afford it\"\" is trying to rationalize illogical behaviour, its like saying I can smoke because I'm still young and then when I'm older I can increase my healthy food intake and exercise to offset it.   But eating meat isn't the problem, as I've illustrated above. The problem is fossil fuels and unsustainable agricultural practices, which are the same even if people go vegan.  &gt;&gt; An optimized scenario includes meat as not all land is suitable to farming, and you have seafood and wildlife.  &gt; An optimized scenario is purely plant based. That land you speak of that is not suitable for farming - it may provide physical space to house the animals, but where is the food the animals need to grow coming from? Don't even get started into ocean depletion and what we've done to that resource. And why move on to wildlife if we have no requirements for meat in the first place?  An optimized scenario is definitely not purely plant based. Would you just ignore the truly vast resources of the oceans? We can use those in a sustainable way and they provide huge amounts of food. Should we ignore huge tracts of pasture/rangeland unsuitable for farming like mountainous terrain, hills, plains with thin soil, heath, etc.? Of course we shouldn't.  This is getting a bit circular, I don't think we'll get much further in trying to debate this. I thank you for a good exchange.\""}
{"_id": "276022", "title": "", "text": "I agree.  I prefer to speak about topics, not each other.  However, when people like CuilRunnings break from topics and start getting personal, I sometimes assume that is the road they wish to travel, and I go along for a short stroll.  In this case, the path is predictable and I've already decided to get back on topic.    The truth is often simple.  Getting the truth to conform to what we want it to be is what makes it complex."}
{"_id": "276032", "title": "", "text": "Another good economic comment blog is Naked Capitalism."}
{"_id": "276044", "title": "", "text": "\"So, you only want people who are \"\"perfectly prepared\"\" to fit into your unique job opening...  Oh, and you want them to have a very specific set of \"\"Pre-Approved Stamps\"\"; and for them to have been trained through their \"\"apprentice/journeyman\"\" years by *someone else*.  And, of course, you would like to hire these \"\"perfect candidates\"\" at entry-level wages.  **Good luck with that.** (Even if you do manage to GET such an employee, I can predict that you will generally NOT be keeping them long.)\""}
{"_id": "276060", "title": "", "text": "\"Do you know anyone in the US, still?  If so, ask them to close it for you.  $2.38 is well within the \"\"if anybody I knew asked me to I would\"\" range, and probably is for anyone you know well.  Offer to send them money via a wire transfer (or Western Union or whatever), but odds are if it's a friend or coworker they won't care about $2.\""}
{"_id": "276073", "title": "", "text": "First, the basis is what was paid for the house along with any documented upgrades, any improvements not consider maintenance. Any gain from that point is taxable. This is the issue with gifting a house before one passes. It's an awful mistake. The fact that there was a mortgage doesn't come into play here nor does the $15K given away. Your question is great, and the only missing piece is what the house cost. Keep in mind, depending on the state, you MIL may have gotten a step-up on the passing of her husband.  On a very personal note - my grandparents bough a family house. 4 apartments. 1938 at a cost of $4000. My grandmother transferred 1/2 share to my father well before she died. And before my father's death it was put into my mother's name. Now that she's in her last years, I explained that since moved it to my sister's name already, there's no step up in basis. This share is now worth over $600,000, and after 4 deaths, no step up. When my sister sells, she will have a gain on nearly 100% of the sale price. In my opinion, there's a special place in hell for lawyers that quit claim property like this. For a bit of paperwork, the house could have been put into a trust to avoid probate, avoid being an asset for medicaid, and still get the step up. Even a $2000 cost for a good lawyer to set up a trust would yield a return of nearly $100,000 in taxes avoided. (And as my sister's keeper, I'd have paid the $2,000 myself, no issue that she gets the house. She needs it, I don't. And when the money's gone, I'm all she has anyway.)"}
{"_id": "276078", "title": "", "text": "\"While I'm sure Reddit will declare Tesla awesome for doing this (because you know \"\"Tesla!!\"\"), it's actually pretty fucked up that all they have to do is hit a button and everyone gets 30-40 miles more range from the same hardware.  They used the same batteries cross many cars but artificially limited the range on some to grab another $9k on the sale.  Yeah I know bunches of other corporations do it, but Reddit is usually pretty pissed about that type of business model and for good reason.  We should pissed at Tesla here too.  Wtf.\""}
{"_id": "276082", "title": "", "text": "Patience is the key to success. If you hold strong without falling to temptations like seeing a small surge in the price. If it goes down it comes up after a period of time. Just invest on the share when it reaches low bottom and you could see you money multiplying year after year"}
{"_id": "276088", "title": "", "text": "Schiff is a goon. Most growth has come from the private sector over the last two years and GDP growth has actually been reduced due to cutbacks at the state &amp; local government levels.   So, Schiff, who is always and forever claiming the sky is falling, failed to realize the largest burden on GDP growth in recent times has been the public sector."}
{"_id": "276096", "title": "", "text": "&gt; I've done it coach and I've done it business class, and I gotta say, business class, having just that extra bit of legroom to not get cramped.. it was easier to sleep and it translated to more energy and ability to get things done.  So you **preferred** doing it the more comfortable way, and perhaps felt you performed better after flying business class - but you were in fact **able** to do it both ways? Did I correctly understand your comment?"}
{"_id": "276102", "title": "", "text": "A currency broker will give you the closest rate to the interbank rate. Retail banks and money transfer companies take a spread (the difference between the interbank rate and the rate that they charge you) that is significantly higher than a broker. So search for a broker and get quotes for the amount you wish to transfer."}
{"_id": "276121", "title": "", "text": "Coinstar lets you take 100% of your money in Amazon gift certificates.  Good as money in my mind :)"}
{"_id": "276127", "title": "", "text": "Ha! The Walmart receipt checkers are a joke. Also, you don't have to submit your receipt to them.  The theft was the main reason, but the machines broke down constantly and plenty of customers complained about them. Companies don't make decisions based on feelings. At one point, the grocery chain decided it was a better decision to get rid of them and let people take back over than continue with them."}
{"_id": "276129", "title": "", "text": "Cari penjual kereta yang paling boleh dipercayai di Johor Bahru dan pilih kereta kegemaran anda dalam keadaan baik di Masai Auto City, kerana ia adalah salah satu yang paling boleh dipercayai untuk anda dari mana anda boleh membeli kereta terpakai. Kami memastikan wang yang paling rendah untuk setiap kereta syarikat yang sangat selesa untuk pembeli. Beli kereta paling banyak di kereta terpakai Tampoi used car seperti Toyota, Honda, Ford, Nissan, Proton, Perodua. Kami mempunyai lebih daripada 1000 kereta diperakui, jika anda ingin membeli kereta yang digunakan maka ini adalah masa yang baik untuk memilih kereta kegemaran anda."}
{"_id": "276133", "title": "", "text": "I legitimately can't tell if this post is satirical.   Ethereum is a very unique technology because it allows for Turing complete computation on its crypto network. Basically allowing for much higher security for data transmission and processing on the web. The reason that the currency is valuable is that in order to encrypt this information and transmit it, you have to pay the network in ethereum. It's had the support of Accenture and is in use by the Luxembourg stock exchange.  I think they might know a bit more than the unnamed author of this article who doesn't think being able to inject code into a block chain is unique."}
{"_id": "276135", "title": "", "text": "SEO and web design are undeniably an essential component, but they are always considered as separate entities. When a new website is being built, its design is carefully considered, whereas SEO is only seriously taken after the website is up and running. As a result, most websites are attractive but not search friendly! You increase conversions when your SEO and web design is in sync. Consult an SEO web design company to make a big difference while thinking about a new site SEO or Website Redesign SEO in whether or not your customers find you. Feel free to visit us at: http://www.nowsoft.org/"}
{"_id": "276139", "title": "", "text": "Urban spoon is a property of citysearch.com who changed their name to citygrid for whatever reason.  The owner Barry diller who operates IAC also owns college humor, the former ask Jeeves and a bunch of other half ass media companies and is a Forbes 400 richest. His building, the iceberg building in nyc is impressive though.  Regardless they also work with 'orange soda' a 'SEO' company that has become particularly useless after the Google panda update and they, like others, have been accused of click fraud.  Nobody clicks ads, these companies need money from somewhere (or somebody)"}
{"_id": "276140", "title": "", "text": "\"Yeah, I mean it's natural economics that jobs go to low-wage countries, so I guess I can't be \"\"mad\"\" at that. But in addition, there's also a \"\"shift\"\" in debt from what was usually mortgages to student loan debt. It's not good because you're no longer \"\"paying yourself\"\" as you did with a mortgage, so money just gets burned...*and* you can't shed that debt...ever.   People frame it like a \"\"bubble\"\" but it's more like a long-term hamper on consumer spending. IMO, if the fed wants to help the economy, THIS would be the most effective bailout for lifting long-term growth. I don't have any student debt and I still think this is probably one of the better answers.\""}
{"_id": "276146", "title": "", "text": "It is a simple look that looks half decent and people have been doing for decades. Not really surprising, and probably a lot of just confirmation bias. Personally they are always too tight so I just do a scarf or bandana when it gets cold."}
{"_id": "276162", "title": "", "text": "We have a good idea for you, here you can get the fresh flower at your home. The Rustic Posy has become a very popular place in Australia, here you can trust in every deal. We design every exotic flowers with our expert florist.  There is more florist here, but they are not unique. We have good experience and our excellent florist provide you better service which is rememberable for you. We will send a fresh flower to their customers, the Rustic Posy on that day for 4 weeks walking. We offer online flower."}
{"_id": "276163", "title": "", "text": "\"The lead story here is you owe $12,000 on a car worth $6000!!  That is an appalling situation and worth a lot to get out of it.  ($6000, or a great deal more if the car is out of warranty and you are at risk of a major repair too.)  I'm sorry if it feels like the payments you've made so far are wasted; often the numbers do work out like this, and you did get use of the car for that time period. Now comes an \"\"adversary\"\", who is threatening to snatch the car away from you.  I have to imagine they are emotionally motivated.  How convenient :) Let them take it.  But it's important to fully understand their motivations here.  Because financially speaking, the smart play is to manage the situation so they take the car. Preferably unbeknownst that the car is upside down.  Whatever their motivation is, give them enough of a fight; keep them wrapped up in emotions while your eye is on the numbers.  Let them win the battle; you win the war: make sure the legal details put you in the clear of it.  Ideally, do this with consent with the grandfather \"\"in response to his direct family's wishes\"\", but keep up the theater of being really mad about it.  Don't tell anyone for 7 years, until the statute of limitations has passed and you can't be sued for it. Eventually they'll figure out they took a $6000 loss taking the car from  you, and want to talk with you about that.  Stay with blind rage at how they took my car.  If they try to explain what \"\"upside down\"\" is, feign ignorance and get even madder, say they're lying and they won, why don't they let it go?  If they ask for money, say they're swindling. \"\"You forced me, I didn't have a choice\"\".  (which happens to be a good defense.  They wanted it so bad; they shoulda done their homework.  Since they were coercive it's not your job to disclose, nor your job to even know.)  If they want you to take the car back, say \"\"can't, you forced me to buy another and I have to make payments on that one now.\"\"\""}
{"_id": "276173", "title": "", "text": "I think the difference is that folks pay attention to who the CEO is based on the relevant value of the purchase. When it comes to a $1.50 bottle of water or a $6 fast food lunch I think you'll find most folks aren't even aware of who the CEO of the company is. When it comes to multi $1,000 purchases they do care because stability of the company is important for a long term purchase.  I couldn't even tell you who the CEO of many companies I purchase from on a daily basis because, frankly, 24 hours after I eat their food or drink their beverage whatever it is is out of my system and down the toilet.  For material purchases that cost actual money people pay closer attention."}
{"_id": "276186", "title": "", "text": "You could use a Credit or Debit Card running in US $, drawing from your US$ account, and pay everything with it. If you pick a company with free foreign conversions, you would get the standard interbank exchange ratio every time you pay, with no fee. For the small payments where credit cards are not accpeted or useful you can convert some cash once every some month - all significant amounts should work with credit or debit card."}
{"_id": "276189", "title": "", "text": "I guess you are from US? EDI solutions are starting to be standard in most EU countries. The invoices we get are through EDI solutions and we can automate most of them.  We recently upgraded our invoice process solution and now we need one less AP position."}
{"_id": "276232", "title": "", "text": "\"&gt;However, businesses should make the most of new international opportunities, Prince Andrew said.  What \"\"new\"\" international opportunities that are not already there?   This I find so silly about those British brexitters, they seem to believe that the world is going to change once they leave the European Union and a whole new world of opportunities will open up for them. They do not seem to realize that all the benefits of being part of the EU will disappear and that this will cause life to get a whole lot more expensive for them. This whole brexit was fueled by racism and bigotry and will turn around to bite them in the ass.\""}
{"_id": "276258", "title": "", "text": "\"I don't read crap I already know about.  I am very sure you are not \"\"done\"\" with me, as I am sure you will reply back to me... until the bitter end when you realize some truth, logic and facts. Prove me wrong.\""}
{"_id": "276264", "title": "", "text": "\"You say you want a more \"\"stable\"\" system. Recall from your introductory economics courses that money has three roles: a medium of exchange (here is $, give me goods), a unit of account (you owe me $; the business made $ last year), and a store of value (I have saved $ for the future!). I assume that you are mostly concerned with the store-of-value role being eroded due to inflation. But first consider that most people still want regular currency, so as a medium of exchange or accounting unit anything would face an uphill battle. If you discard that role for your currency, and only want to store value with it, you could just buy equities and commodities and baskets of currencies and debt in a brokerage account (possibly using mutual funds) to store your value. Trillions of dollars' worth of business takes place this way every year already. Virtual currency was a bit of a dot-com bubble thing. The systems which didn't go completely bust and are still around have been beset by money-laundering, and otherwise remain largely an ignored niche. An online fiat currency has the same basic problem that another currency has. You need to trust the central bank not to create more money and cause inflation (or even just abscond with the funds... or go bankrupt / get sued). Perhaps the Federal Reserve may be jerking us around on that front right now.... they're still a lot more believable than a small private institution. Some banks might possibly be trustworthy enough to launch a currency, but it's hard to see why they'd bother (it can't be a big profit center, because people aren't willing to pay too much to just use money.) And an online currency that's backed by commodities (e.g. gold) is going to be subject to potentially violent swings in the prices of commodities. Imagine getting a loan out for your house, denominated in terms of e-gold, and then the price of gold triples. Ouch?\""}
{"_id": "276265", "title": "", "text": "\"And that is my point: without specific dollar amounts...this is USELESS information.    The problem with this crap information is that some crappy operation will find a reason to pay themselves more for being a \"\"good boss\"\" thinking that will make up for any raises.   I'd take a better boss over a 5-cent an hour raise (and yes, I worked at McDonalds when raises were 0-5-10 cents an hour...and yeah, I would have liked a better boss for 5 cents).    However, for an annual job that pays $500/hr I'll gladly work in horrid conditions with a horrible boss doing awful things.\""}
{"_id": "276272", "title": "", "text": "I've addressed some of the problems with the new fiduciary rule in other threads, but basically no one is arguing that advisors shouldn't be fiduciaries. Of course they should, and the vast majority do. What this rule effectively does is simply alter the way that advisors are compensated on retirement assets such as 401(k)'s, by forcing them to hold these assets in RIA accounts. This is not necessarily in the best interest of the client. (Yes I am aware of the Best Interest Contract Exemption, or BICE.) Perhaps more importantly, these types of regulations should be handled by one of the already existing regulator bodies, the SEC or FINRA. To bring in the DOL as a third regulatory body is a bit redundant to say the least.  I think a far easier solution (in concept, at least) is that any FINRA registered advisor (which is basically all advisors aside from pure insurance agents) should be held to the Fiduciary standard and not simply the Suitability standard"}
{"_id": "276278", "title": "", "text": "&gt; Voting away someone's stuff doesn't make the immoral moral.  You seem to hold individual autonomy in very high regard and push for government that doesn't force the minority to play along.  I can understand the appeal of that perspective.  I'm going to pull you back to the Articles of Confederation because I think it is an example of the kind of government you want.  [Here is a video summary of those times by Extra Credits](https://www.youtube.com/watch?v=C6rHSiN0vKk) which I think explains why the government was set up that way and how it played out. I am seriously interested in your thoughts.  Why do you think that government failed?"}
{"_id": "276282", "title": "", "text": "\"Canadian bubble is in a weird place.  The problem with the market is it doesn't take into account the increase in quality.  I lived in one of the frothiest places on the north side of Toronto.  When I first moved their the same bungalow that sold for $1mm + was about 400-450k.  What they don't mention in those articles is that there is a fair amount of LAND, and that the new owners will tear it down the day they take possession, and build a really large home on it.  That is why you see single dethatched homes in Toronto outpacing condos by a huge margin.  (or one reason anyway.  we have our green belt/intensification issues, and in Vancouver, they have natural intensification issues thanks to the mountains and the ocean.)  All that said, I was pretty sure I had bought at the height recently, but lo and behold prices continued to rise.  I think the only thing that will \"\"save\"\" us is the insured mortgages.  I mean there will be write offs, but not like what we saw in the US, as Canadian banks/and FIs are much more conservative.  I think China is the wild card in the Canadian RE market, at least on the condo side.  We don't have any good statistics about how many investors are off Canadian soil.\""}
{"_id": "276295", "title": "", "text": "\"There's no homestead property tax exemption in TN. According to the TN comptroller site: Exemptions Exemptions are available for religious, charitable, scientific, and   nonprofit educational uses, governmental property, and cemeteries.   Most nongovernmental exemptions require a one-time application and   approval by the State Board of Equalization (615/401-7883) and there   is a May 20 application deadline. There is no \"\"homestead\"\" exemption,   but low income elderly and disabled persons and disabled veterans may   qualify for a rebate of taxes on a specified portion of the value of   property used as their residence. Business inventories held for sale   or exchange by merchants subject to the business gross receipts tax,   are not assessable. Farm and residential tangible personal property   are not assessable.\""}
{"_id": "276313", "title": "", "text": "There is nothing stopping them from utilizing the services of those with access to electrification. And many Amish businesses utilize electric cash registers operated by part-time non-Amish staff. Some even have computers for bookkeeping, used by non-Amish bookkeepers."}
{"_id": "276314", "title": "", "text": "Selling options is a great idea, but tweak it a bit and sell credit spreads on both sides of the market, i.e. sell OTM bear call spreads and OTM bull put spreads. This is also known as an iron condor, and limits risk, and allows for much more flexibility."}
{"_id": "276321", "title": "", "text": "I think your approach of looking exclusively at USD deposits is a prudent one. Here are my responses to your questions. 1) It is highly unlikely that a USD deposit abroad be converted to local currency upon withdrawal. The reason for offering a deposit in a particular currency in the first place is that the bank wants to attract funds in this currency. 2) Interest rate is a function of various risks mostly supply and demand, central bank policy, perceived risk etc. In recent years low-interest rate policy as led by U.S., European and Japanese central banks has led particularly low yields in certain countries disregarding their level of risk, which can vary substantially (thus e.g. Eastern Europe has very low yields at the moment in spite of its perceived higher risk). Some countries offer depository insurance.  3) I would focus on banks which are among the largest in the country and boast good corporate governance i.e. their ownership is clean and transparent and they are true to their business purpose. Thus, ownership is key, then come financials. Country depository insurance, low external threat (low war risk) is also important. Most banks require a personal visit in order to open the account, thus I wouldn't split much further than 2-3 banks, assuming these are good quality."}
{"_id": "276323", "title": "", "text": "The problem would not only be that of Kyle but also that of American Express. When Kyle pays by credit card, American Express pays the bills out of their pockets on his behalf and then forwards the bill to Kyle. The issuer of a credit card takes the risk that the holder of the card won't pay the credit card bill. In practice there are safeguards in place which prevent a company like AE to pay such huge sums in one day through an automated process. Credit card companies have sophisticated algorithms to determine unusual spending patterns and block any transactions which appear unusual. Also, after a few billions their bank will likely block them and prevent them from paying any more bills. But let's play along and pretend these safeguards wouldn't exist. That means after Kyle's spending spree, American Express will be trillions in debt, with their main debitor being a 10 year old boy who won't ever be able to pay. Kyle will have to declare personal bankruptcy. There are various variants of bakruptcy in the US, but they basically all boil down to him paying everything he can pay (not much considering that he is 10) and then defaulting on his debt. Afterwards he is debt-free. That means the debt is now that of American Express. American Express will not be able to pay that debt with their bank(s) either, so they will have to declare bankruptcy and default on their debt too. This domino effect passes the burden on to the banks which can not carry a trillion-level debt either. A bank going bankrupt is a serious issue because it means they can not pay back any of the money in the saving accounts hold by companies or private people with them. So the problem would return to those people Kyle wanted to help in the first place. Also, the collapse of one bank will often result in the collapse of further banks, resulting in a collapse spiral destroying the whole world-wide finance system. Nothing would be gained."}
{"_id": "276325", "title": "", "text": "If you can somehow get it into the hands of opinions leaders that would help. Could you use it in a cocktail and serve it to particular people in a club with UV lights?  The cane sugar could be a double-edged sword, yes I don't want corn syrup but I don't want the calories either. If you can use something else that decreases the calories while not tasting like crap I think that would be great, since Redbull sugar free taste like shit."}
{"_id": "276327", "title": "", "text": "Yeah, not all small businesses are barely scraping by.   On another note, I know in some places restaurants, regulations and laws have been introduced which lowers minimum wage for tip earners (like servers). It's an interesting thought but I'm not sure how well it works."}
{"_id": "276333", "title": "", "text": "Indeed, there's no short term/long term issue trading inside the IRA, and in fact, no reporting. If you have a large IRA balance and trade 100 (for example) times per year, there's no reporting at all.  As you note, long term gains outside the IRA are treated favorably in the tax code (as of now, 2012) but that's subject to change. Also to consider, The worst thing I did was to buy Apple in my IRA. A huge gain that will be taxed as ordinary income when I withdraw it. Had this been in my regular account, I could sell and pay the long term cap gain rate this year.  Last, there's no concept of Wash sale in one's IRA, as there's no taking a loss for shares sold below cost. (To clarify, trading solely within an IRA won't trigger wash sale rules. A realized loss in a taxable account, combined with a purchase inside an IRA can trigger the wash sale rule if the stock is purchased inside the IRA 30 days before or after the sale at a loss. Thank you, Dilip, for the comment.) Aside from the warnings of trading too much or running afoul of frequency restrictions, your observation is correct."}
{"_id": "276334", "title": "", "text": "You only have to pay taxes when you convert to dollars. Most exchanges I think have to track their users and provide them with reports for tax purposes. Just holding bitcoin and watching it go up in value does not trigger a taxable event."}
{"_id": "276354", "title": "", "text": "\"I'll second what littleadv says about the \"\"entertainment\"\" expenses; they do seem high relative to your income.  The numbers for electricity and vehicle insurance seem high to me as well, but that depends on where you live and how you heat your house, etc., so they may be normal for your situation. You've got almost $500/month going to debt payments (vehicle, window replacement, and student loan).  You didn't list the credit card payments on there, so that will add to the debt payment amount.  Finding a way to get those debts paid off as quickly as possible would free up a lot of cash flow.  You could consider trying to find extra income (second job, your wife getting a job or finding a way to make some money from home, sell some things, etc.) I'm wondering about the things I don't see here: food (including restaurants), clothing, fuel, maintenance and repairs (both car and house), etc, etc.  With the numbers you list above, you have money left over every month, but when you add in the things I just mentioned, that may not be the case. I suggest that you keep track of all of your expenses for the next month to see what you're really spending (including the things not listed here).  Then, using that information, make a plan for the following month (and every month thereafter) about how you're going to live on what you bring home.  Just tracking your expenses will likely show you some areas where you could easily cut back on spending.   Also, I recommend that you start working on a plan to increase your income, both temporarily as I suggest above, and longer term by focusing on your career direction.  You are above the poverty level (assuming you live in the US), but below average in income.\""}
{"_id": "276370", "title": "", "text": "Fruit Fly Control &amp; Fruit Fly Spray cleaned female fruit flies lay their eggs on the surface of rotting fruit. Fruit fly larvae feed on the yeast organisms and fungi growing in the fruit and vegetable materials in a semi-liquid mass. Natural Mosquito Spray uses essential oils, which are highly effective, but there are some burden about putting these directly on the skin, especially on children."}
{"_id": "276375", "title": "", "text": "The thing about amway products is that they are products people already use and buy from other stores. I mean protein bars and energy drinks and body care products.That's not the right way to have a profitable business; buying a bunch of inventory in your garage and then trying to sell it.   The money is in getting people sponsored and teaching them to switch their shopping habits to go through their own store as amway pays you a bonus based upon the amount of product you and your business consume or sell in retail. The more volume, the higher percentage you get in bonus.   Now this can develop into a business asset that is very low maintenance and pays you well. It takes maybe 15 hours a week to host meetings after you make enough money to quit your day job. Compared to owning real estate? Compared to owning a grocery store business? Those things have a ton of overhead and major headaches to handle. But I do agree the majority of the industry is very amateur and they will teach you to do stupid stuff like put inventory in your garage. That doesn't make amway a pyramid scheme though. Amway is the largest privately held debt free organization in the world. No public stock and they made over 11 billion dollars in 2012."}
{"_id": "276380", "title": "", "text": "\"It wasn't a \"\"tech meeting\"\".   It was a \"\"photo op\"\".  And once again, anything he is doing is about furthering his own goals, not based on principle.   Conservatives now would rather have a conman who throws them bones than an actual conservative with principles.   Regarding Zuckerberg, why should he attend something so meaningless?\""}
{"_id": "276381", "title": "", "text": "Im an actor preparing for a role. I play a trader in the UK during the late 80s. I have a very basic understanding of the stock market and am unsure what some of the dialogue is referring to. For example: \u201cbid 28 at the figure\u201d \u201csell at 3\u201d \u201c5 march at 28\u201d \u201c9 for 5\u201d \u201cbid 4 at 6\u201d \u201cclosing out now at 4\u201d. What do these numbers mean exactly. It doesn\u2019t help that im Australian and this is a UK production, or that im an idiot"}
{"_id": "276394", "title": "", "text": "Wow, it looks like that finally electric cars are going to come at us like a rain storm and will be here to stay finally. I'm sure big oil doesn't like this article. Elon Musk is the man to thank for getting this going."}
{"_id": "276397", "title": "", "text": "I don't know of any rule of thumb for travel. In general, what you spend on entertainment should be what you have left after paying for the more mundane things in life -- housing, food, electricity, and so on -- and setting aside reasonable amounts for retirement and emergencies. Entertainment varies widely as a percentage of one's income. Someone making minimum wage and trying to support a sick wife and three kids probably has pretty much zero left over for entertainment. Someone who makes a million a year and has no debts might spend 50% or more of his income on entertainment. Yes, I've heard rules of thumb for charity, housing, and retirement that are probably at least useful ballparks. But for entertainment? No, I think that's just what's left over."}
{"_id": "276400", "title": "", "text": "&gt;Oh definitely, you just need to be willing to work in Bismarck ND, or various parts of the rustbelt. And it's not that you're getting paid especially high, it's that everything is so insanely cheap (for the most part).  That's not what I mean though, it's easy to find locations where cost of living is cheap, its difficult (but possible) to find locations where the average salary for your field isn't reflected in that lower cost of living.   For example New Hampshire, the property costs are fairly low - you can find a great house for 250k-300k - but the average salary of a software developer is still high, and not just relatively, it would be considered high in New York as well.   I've found houses in New Hampshire that stay on the market for $350k that would be nabbed up in a weekend for 1M easily in my current location, and the average salary is comparable so just imagine what that implies in terms of quality of life."}
{"_id": "276403", "title": "", "text": "I understand what you're asking for (you want to write options ON call options... essentially the second derivative of the underlying security), and I've never heard of it. That's not to say it doesn't exist (I'm sure some investment banker has cooked something like this up at some point), but if it does exist, you wouldn't be able to trade it as easily as you can a put or a LEAP. I'm also not sure you'd actually want to buy such a thing - the amount of leverage would be enormous, and you'd need a massive amount of margin/collateral.  Additionally, a small downward movement in the stock price could wipe out the entire value of your option."}
{"_id": "276408", "title": "", "text": "Please consult a tax advisor.   You may be voilating the FEMA [Foreign Exchange Management Act] and can land into trouble.  Further what you are doing can land up into various other acts as illegal including AML.   Further if there is income generated by Indian citizen in India, he is still liable to pay tax, irrespective of whether you get the funds back into India. Edit: AML is Anti Money Laundering. Your transaction is sure to raise AML triggers as it looks like converting Black Money to White in round about way. Once the triggers are raised, RBI division will investigate further to verify what you are doing. If you are able to prove that this is a valid transaction, you would be OK on AML front. How will Income Tax Know? - If they don't know does not mean you are not liable for tax. - Any suspicious transactions would get investigated and sooner or later Income Tax would know about it and can cause a serious problem. - It is irrelevant where you have kept the money, if you have earned something, its taxable. For it not to be taxable you need to conduct this business differently.  Please consult a tax adviser who will advice you on the tax-ability of this type of transaction."}
{"_id": "276411", "title": "", "text": "This is a complicated question that relies on the US-India Tax Treaty to determine whether the income is taxable to the US or to India.  The relevant provision is likely Article 15 on Personal Services. http://www.irs.gov/pub/irs-trty/india.pdf It seems plausible that your business is personal services, but that's a fact-driven question based on your business model.  If the online training is 'personal services' provided by you from India, then it is likely foreign source income under the treaty.  The 'fixed base' and '90 days' provisions in Article 15 would not apply to an India resident working solely outside the US. The question is whether your US LLC was a US taxpayer.  If the LLC was a taxpayer, then it has an obligation to pay US tax on any worldwide income and it also arguably disqualifies you from Article 15 (which applies to individuals and firms of individuals, but not companies).  If you were the sole owner of the US LLC, and you did not make a Form 8832 election to be treated as subject to entity taxation, then the LLC was a disregarded entity.  If you had other owners, and did not make an election, then you are a partnership and I suspect but cannot conclude that the treaty analysis is still valid. So this is fact-dependent, but you may be exempt from US tax under the tax treaty.  However, you may have still had an obligation to file Forms 1099 for your worker.  You can also late-file Forms 1099 reporting the nonemployee compensation paid to your worker.  Note that this may have tax consequences on the worker if the worker failed to report the income in those years."}
{"_id": "276430", "title": "", "text": "\"There are so many people who did not save throughout their work careers largely because they had a safe and secure pension to count on. Many of these people turned down other more lucrative opportunities and gave generously from whatever saving they had. They did this because they had a state pension that they could count on. Apart from a tiny SS amount, the \"\"untouchable\"\" and thought-to-be, guaranteed pension was the only retirement plan. Suddenly and with no time to save money to replace pension shortfalls, their earnings could be greatly reduced, or completely wiped out.   Tragic.\""}
{"_id": "276466", "title": "", "text": "Dumb Coder has already given you a link to a website that explains your rights. The only thing that remains is how to execute the return without getting more grief from the dealer. Though the legal aspects are different, I believe the principle is the same. I had a case where I had to rescind the sale of a vehicle in the US. I was within my legal rights to do so, but I knew that when I returned to the dealership they would not be pleased with my decision. I executed my plan by writing a letter announcing my intention to return the vehicle siting the relevant laws involved with a space at the bottom of the letter for the sales person to acknowledge receipt of the letter and indicate that there was no visible damage to the car when the vehicle was returned. I printed two copies of the letter, one for them to keep, and one for me to keep with the signed acknowledgement of receipt. As expected, they asked me to meet with the finance manager who told me that I wouldn't be able to return the car. I thanked him for meeting with me and told him that I would be happy to meet in court if I didn't receive a check within 7 days. (That was his obligation under the local laws that applied.)"}
{"_id": "276474", "title": "", "text": "Science &amp; engineering degrees are better for employment, but still aren't a guarantee- no degree is.    It's like degrees in general vs no degree- better, but not the golden ticket it once was.  It's like being smart and hard working- they help with success, but they're not guarantees.   It doesn't matter how many good decisions you make or how well educated you are or how hard you work if your luck (which is defined in this context as 'the totality of factors over which you, as an individual, have no control') is consistently shit.  In the end, it comes down to luck.   Education, preparation, hard work, and good decisions are all about shaping the odds.    People who are doing well want to believe it's all hard work and good choices (because then they get the credit, and are safe- it's similar to the slut-shaming dynamic in this respect) and people who are not doing well want to believe it's all luck (because then it's not their fault)."}
{"_id": "276484", "title": "", "text": "\"I had searched for GDP growth 2017 and that was the result. The first quarter of 2017 is the only full quarter since the election for which there are final estimates, but you cite the fourth quarter of last year, which you say was below \"\"last year's national average (a five year low),\"\" as evidence of what you had called a \"\"huge expansion\"\" since the election.\""}
{"_id": "276498", "title": "", "text": "\"It sounds like what you are looking for are sites that offer pre-paid debit cards as rewards. A number of survey/get-paid-to sites do offer these as a potential reward; they are more irritating than having the money in a bank account or paypal balance, as they expire if not used within some amount of time, and generally come with restrictions on what you can use them on (they work like credit cards, but the site providing the card can reject your request if it doesn't like the site you're trying to pay.). Plus, you can only use a single debit card per purchase, so if you have two $20 prepaid cards, you can't use them both to make a $40 dollar purchase. Still, this does satisfy your requirements, assuming the game you want to transfer to and the provider of the prepaid card you're being rewarded with are willing to work together. You can use SurveyPolice to search for sites that offer the type of reward you want - filtering by offered reward type is an option under their \"\"pick-a-perk\"\" page.  Though it's likely many of those sites also require you to be at least 18 as well, as that's a pretty common restriction - you'll have to verify that part yourself. For that matter, you would want to check age restrictions on the sites those sites partner with to offer prepaid cards, as well.\""}
{"_id": "276499", "title": "", "text": "Well yea, I used to work for Cox Communications if you want to check my post history so I have a vested interest in this topic. Netflix is fighting for net neutrality after the CEO said they could afford to pay the fees imposed my the telecomm companies. Happy now? https://www.google.com/amp/s/www.washingtonpost.com/amphtml/news/the-switch/wp/2017/06/15/netflix-joining-next-months-net-neutrality-protest-says-it-will-never-outgrow-the-fight/"}
{"_id": "276538", "title": "", "text": "Did you become a homeowner in this case? Would you be paying property tax as a homeowner somehow? Were you the homeowner of your apartment? No. Are you a homeowner of your parent's home? No. I do not believe that living at your parent's house makes you a homeowner or someone counted as a homeowner for statistical purposes."}
{"_id": "276556", "title": "", "text": "Housing prices are set by different criteria. It can become memoryless the same as the stock if the criteria used to set its price in the past is no longer valid. For example, take Phoenix or Las Vegas - in the past these were considered attractive investments because of the economical growth and the climate of the area. While the climate hasn't changed, the economical growth stopped not only there but also in the places where people buying the houses lived (which is all over the world really). What happened to the housing market? Dropped sharply and stays flat for several years now at the bottom. So it doesn't really matter if the house was worth $300K in Phoenix 5 years ago, you can only sell it now for ~$50K, and that's about it. The prices have been flat low for several years and the house price was $50K, but does it mean its going to stay so? No, once economy gears up, the prices will go up as well. So its not exactly memory-less, but the stocks are not memory-less as well. There is correlation between the past and the future performance. If the environment conditions are similar - the performance is likely to be similar. For stocks however there's much more environment conditions than the housing market and its much harder to predict them. But even with the housing people were burnt a lot on the misconception that the past performance correlates to the future. It doesn't necessarily."}
{"_id": "276558", "title": "", "text": "I've seen plenty of people who don't fit that description in IB. Keep hustling. Basic people skills are necessary just like pretty much any job and of course, the better you are, the more likely it could help you land a gig, like most fields"}
{"_id": "276560", "title": "", "text": "\"Remember where they said \"\"Life, liberty and the pursuit of happiness?  That is the essence of this problem.  You have freedom including freedom to mess up.  On the practical side, it's a matter of structuring your money so it's not available to you for impulse buying, and make it automatic.   Have you fully funded your key necessities?  You should have an 8-month emergency fund in reserve, in a different savings account.  Are you fully maxing out your 401K, 403B, Roth IRA and the like?  This single act is so powerful that you're crazy not to - every $1 you save will multiply to $10-100 in retirement.  I know a guy who tours the country in an RV with pop-outs and tows a Jeep.  He was career Air Force, so clearly not a millionaire; he saved. Money seems so trite to the young, but Seriously. THIS. Have auto-deposits into savings or an investment account. Carry a credit card you are reluctant to use for impulse buys.  Make your weekly ATM withdrawal for a fixed amount of cash, and spend only that.  When your $100 has to make it through Friday, you think twice about that impulse buy.  What about online purchases? Those are a nightmare to manage.  If you spend $40 online, reduce your ATM cash withdrawal by $40 the next week, is the best I can think of.  Keep in mind, many of these systems are designed to be hard to resist.  That's what 1-click ordering is about; they want you to not think about the bill.  That's what the \"\"discount codes\"\" are about; those are a fake artifice.  Actually they have marked up the regular price so they are only \"\"discounting\"\" to the fair price.  You gotta see the scam, unsubscribe and/or tune out.  They are preying on you.  Get angry about that!  Very good people to follow regularly are Suze Orman or Dave Ramsey, depending on your tastes.  As for the ontological... freedom is a hard problem.  Once food and shelter needs are met, then what?  How does a free person deny his own freedom to structure his activities for a loftier goal?  Sadly, most people pitching solutions are scammers - churches, gurus, etc. - after your money or your mind. So anyone who is making an effort to get seen by you and promise to help you is probably not a good guy.  Though, Napoleon Hill managed to pry some remarkable knowledge from Andrew Carnegie in his book \"\"Think and Grow Rich\"\". Tony Robbins is brilliant, but he lets his staff sell expensive seminars and kit, which make him look like just another shyster.  Don't buy that stuff, you don't need it and he doesn't need you to buy it.\""}
{"_id": "276574", "title": "", "text": "The Roth-IRA or for that matter a regular IRA is generally not connected to your place of employment.  Now a 401(k) is linked to your place of employment. If the business no longer exists, they should have turned over the 401K. The US department of Labor has information regarding plans that have been abandoned. I suspect my plan is abandoned, but I have never received a notice of   plan termination. How could I find out if a QTA has elected to   terminate and wind up my 401(k) pension plan? EBSA has developed an Abandoned Plan searchable database to help   participants and beneficiaries find out if a particular plan is in the   process of being, or has been, terminated. The site is searchable by   plan name or employer name and will provide the name and contact   information for the QTA, if one exists.  If you do not have access to   a computer to conduct the search, you may contact one of EBSA\u2019s   Benefits Advisors to assist you by calling toll-free, 1.866.444.EBSA   (3272)."}
{"_id": "276587", "title": "", "text": "Not really.  Most of the major cloud providers have streamlined their data center processes to the point they can go from deciding they need additional capacity to having another 10k nodes online in a matter of a few months.  That's a process that takes a traditional data centers years.  Fiber runs are all about up-front capital investments and attempting to target supply to demand despite needing years of surveys, permits, and trenching.  Cloud is just getting another dozen rows of servers.  It's like saying because a bunch of states overbuilt highways, that a rental car company could overbuy cars."}
{"_id": "276593", "title": "", "text": "You could look up the P/E of an equivalent ETF, or break the ETF into components and look those up. Each index has its own methodology, usually weighted by market cap.  See here: http://www.amex.com/etf/prodInf/EtAllhold.jsp?Product_Symbol=DIA"}
{"_id": "276617", "title": "", "text": "\"I just came here to say that. Some of the garbage in some of those veggie \"\"meats\"\" is probably worse for you than eating real meat! And it's also more expensive too. Morningstar is the worst, probably ever since they got bought up by a giant evil food corp (like Unilever or something), the ingredients list got longer and worse.\""}
{"_id": "276631", "title": "", "text": "I think you leave out the major problem of your partners in crime there.    Chances are one of them will eventually slip up later in life, and at some point snitch on you in order to get out of trouble.  This is particularly true if you would manage to acquire amounts in the 100k range per participant.  The inside man would pose the greatest risk there."}
{"_id": "276633", "title": "", "text": "\"I think your problem is using the word \"\"drone business\"\" to encompass self driving vehicles (trucks) and air based single delivery drones (drones).    It's funny, we don't even have good language worked out for this stuff, at least not in the public sphere.\""}
{"_id": "276646", "title": "", "text": "Most countries tax income in its various ways, but not moving money. If this is a movement of already owned money, it is not tax-relevant. If it is a payment for services done, it is income, and it is the recipient's duty to pay taxes on it. Note that transferring large amounts of money (10k+) between countries can trigger a review, which - worst case - results in questions where it came from. The point of that is solely to verify it was legally earned money (not drug money or such). There is nothing to worry about if the money was legally earned."}
{"_id": "276671", "title": "", "text": "Welcome to  Soma Hair Braiding salon. Our professional team creates an African hair braiding with unique style, professional atmosphere, all converge into one place. We are able to turn ordinary into extra-ordinary. Soma Hair specializes in natural hair styles such as Braids and Extensions which include more services of hair braiding Tacoma  such as Senegalese Twist, Corn rows, Box or Single braids, Havana Twist, Goddess Braids, Tree braids, Micro braids, Sew in Weaves. We only provide the best results by using the finest hair products available."}
{"_id": "276681", "title": "", "text": "Cab companies in my city have actually adapted and provide many of the benefits that Uber used to claim as their own: ordering on an app (#1 advantage in my opinion), lower prices (20% discount since Uber came to town), tracking of your cab on an app. Still lots of room to grow, but I like that Uber has forced them to adapt a bit at least.   I still try to use cabs when possible because Uber is, in general, a piece of shit company."}
{"_id": "276690", "title": "", "text": "Non-electronic stock exchanges still exist because they used to exist. There are a lot of people in trading firms who grew up with floor trading and don't want to give it up, either because they feel more comfortable with it or because they might lose their job if they went away from it."}
{"_id": "276696", "title": "", "text": "&gt;I said you don't know the difference between the two.  And then went on to prove that both types of banking can exist within the same institution. But you're still insisting you were 100% correct. Shut the fuck up dumbass."}
{"_id": "276699", "title": "", "text": "Uber seems to be a risky endeavor but if they find the most profitable areas and squeeze out competition might be able to bet a sustainable model. Might take a while to recover the invested capital. Late investors might not recover.  Then again mass transit and traveling habits might increase or decrease need for Uber. Anyway they have plenty of capital for now so enjoy the rides."}
{"_id": "276711", "title": "", "text": "\"Something getting at the idea that higher wages boost aggregate demand and GDP. That would be the basic Keynesian argument... Something like \"\"Workers are consumers\"\"?  On a more controversial note, the classic line from Marx might be pertinent: \"\"What the Bourgeoisie therefore produces, above all, are its own grave diggers\"\".\""}
{"_id": "276712", "title": "", "text": "If I remember his interview during the world economic forum, he said we were wasting money on wars.  Getting our fiscal situation in order to maintain interests abroad and invest domestically means making tough decisions and sacrifices - like raising taxes."}
{"_id": "276730", "title": "", "text": "\"You don't need an \"\"MBA\"\" to evaluate the performance of a bar.   There is usually a dumb ratio for any industry which sets the expected turnover and bottom line. Basically one figure that can be given to an experienced bar owner and he'll know that the top and bottom line should be. Not knowing the bar industry, your area or grade of location etc I'd guess cost of sales (i.e. drink), you apply that against the typical gross margin % and you'll know what the turnover figure should be, and apply it to the typical net profit % and know what the bottom line should be. Wouldn't surprise me if an experienced guy could figure all that out just from the floorspace area and rent, with a bit of local knowledge.  It should go without saying that if these are underperforming, it doesn't tell you why. Maybe your manager is swindling you, maybe he's crap, maybe the owners took crappy decisions like inappropriate fit out, crap marketing, crap location, etc, forcing manager to price low.  Also bear in mind that the average includes all the really experienced bar owners so it can already be a tough target.\""}
{"_id": "276733", "title": "", "text": "I don't use pre-authorized automatic payment methods because there is no control, and it is impossible to get it back. Once you have authorized a firm to withdraw funds from your account, there is no realistic way to revoke that control, save closing down your bank account entirely and moving to another institution. I once had automatic payments set up for my apartment rent, and then one month they withdrew twice on one day, overdrawing my account; it was very difficult to dispute the charge and get it back. The bank was little help as I had authorized them to withdraw funds; it didn't make any difference that they had done it twice, because I had given them permission to withdraw that amount.  The property management company was large and difficult to contact, and at first denied any wrongdoing. tl;dr version: it's more pain than it's worth, and I will never do it again."}
{"_id": "276741", "title": "", "text": "Outsourcing/offshoring.  The idea is that you give away all work that is not core to cheaper staff who do not work for you. Sure, they are cheaper but it means that the basic knowhow is sitting outside your company making it much more difficult to build up the expertise and management background for tomorrow.  I work as an independent consultant in trading systems. Companies use me because they do not want to build and retain in-house knowhow. Some of the bigger consultancies will be pleased to take the juniors that you trained and to sell them back to you at 5x the price when they become senior."}
{"_id": "276750", "title": "", "text": "They can only do that because Coinbase interfaces with fiat currency. As more transactions and holding become denominated in crypto, it will be more difficult for them to tax (if you are using an unlinkable crypto). If I pay someone with Monero or most coins, then the government won't know who was involved in the transaction."}
{"_id": "276758", "title": "", "text": "\"Can I force companies to accept a SEPA bank account? Are there any European regulations I can slap on their faces? I am not sure if you can force. Any change in regulations to this effect much come from the Company law Board [or equivalent in each countries.] Right now as much as I understand this is more voluntary for the companies to adopt it and the rationale is its easier for companies and hence beneficial. SEPA Direct Debit is more recent. The key aspect in this is \"\"Mandate Management\"\". Before SEPA every country had slightly different norms. Some were fundamentally different, for example in Belgium Mandate was to be captured and stored by your Bank [payee Bank/Debtor Bank]. In SEPA it is the responsibility of T-Mobile [Creditor].  Although SEPA has guidelines, they are more elementary. For example \"\"Mandate Signature\"\" needs to be on paper. Can an electronic copy be created? Belgium has some guidelines. Other countries have different. This falls in preview of each country defining what a \"\"Signature\"\" is, what is valid electronic signature etc. Further SEPA DD rules allow you to reverse a debit with 8 weeks [you can inform your Bank in Netherlands]. There is also a period of 13 months where you can say this debit was unauthorized. Now this is where is risk comes in as it is borne by the Creditor [T-Mobile].  Depending on convoluted rules in different countries, you may easily prove you didn't sign the mandate because as per Netherlands law, Signature / authorization means xyz. This is more likely the reason the Service providers are not willing to accept account in other Euro Zone.\""}
{"_id": "276767", "title": "", "text": "They have a threshold limit at which point an actuary tells them that it's unprofitable to deal with a particular customer. The last time I read about it was a few years ago, but I think that I remember that the magic number then was around 40 returned or replaced items per year. Probably totally wrong about that number though."}
{"_id": "276775", "title": "", "text": "**ANGRY AT OP?** WANT TO JOIN THE MOB? *I'VE GOT YOU COVERED!*  #**COME ON DOWN TO /r/pitchforkemporium**   **I GOT 'EM ALL!**  Traditional|Left Handed|Fancy :-:|:-:|:-: ---E|\u018e---|---{ **I EVEN HAVE DISCOUNTED CLEARANCE FORKS!**  33% off!|66% off!|Manufacturer's Defect! :-:|:-:|:-: ---F|---L|---e  **NEW IN STOCK. DIRECTLY FROM LIECHTENSTEIN.** ***EUROPEAN MODELS!***  The Euro|The Pound|The Lira :-:|:-:|:-: ---\u20ac|---\u00a3|---\u20a4  #**HAPPY LYNCHING!**  ^(* *some assembly required*)"}
{"_id": "276778", "title": "", "text": "You have received much good advice, but based on 53 years investing and the first 25 getting my nose bloodied and breaking even I very strongly offer the following. Before doing so let me first offer this caveat: I am not questioning your broker or the advice, but it is only valuable to you if history proves correct. No one, not even Bernanke can predict how stock will perform in the future. Maybe if he sees a depression. My advice to someone new to stock investing is to purchase a index fund from a discount broker, e.g. Fidelity or Vanguard, and then study the market and economics. The Wall Street Journal and the web are my favorites. I started with a hell of a lot less than you have saved, I would not turn $200K over to anyone until you know exactly the risk and cost involved. Also, I wouldn't depend on one person or firm to advise or manage my money. I like to balance one against the other. I do not recall different firms recommending the same stocks. One must remember everyone in the business of recommending stock or any investment is selling something and must be compensated. That's how they earn a living."}
{"_id": "276784", "title": "", "text": "\"Some clarifications: they're going to ASSEMBLE PCs here, not exactly \"\"manufacture\"\" them. And they're not moving all ops to the U.S. - just a couple of product lines. I suspect this is mainly a result of tax incentives, cost efficiencies in the assembly value chain, and where Lenovo plans to actually sell these machines.  Jobs wasn't wrong. Consumer electronics manufacturing is not coming back. And nor do we want it, reddit. That shit is at the very bottom of the value chain! If it WAS in the U.S., everyone would be jawing about how big bad Apple or Dell or whoever was only paying minimum wage for those crappy jobs, and it would STILL be uneconomical to build them here.  The future is in the design, high-tech specialty manufacturing, and engineering that goes on WAY before a bunch of crappy PCs and laptops roll off the assembly line. We don't have enough people properly trained to do those things.\""}
{"_id": "276786", "title": "", "text": "Now it's been a while since I read these, and I'm not complete sure if these are the kinds of books that you're looking for, but I found them quite good:  Options, Futures, and Other Derivatives by Hull: http://amzn.com/0133456315  Investments and Portfolio Management by Bodie, Kane &amp; Marcus: http://amzn.com/0071289143  I hope this helps!"}
{"_id": "276792", "title": "", "text": "http://www.dogukantemizlik.com/ankara-oran-temizlik,2,271730#.WX2SrdTyhdg Ankarada \u00c7ankaya merkezli Temizlik hizmeti veren \u015firketimiz \u00fcst\u00fcn ekipman ve yayg\u0131n hizmet a\u011f\u0131yla ihtiyac\u0131n\u0131z olan temizlik hizmetlerini m\u00fc\u015fterilerine en iyi \u015fekilde sunuyor  Ankara Temizlik , Ankara cleaning companies Olarak \u015eirket Prensiblerimiz Gere\u011fi Verdi\u011fimiz Hizmetlerden Ve \u00c7al\u0131\u015ft\u0131rd\u0131\u011f\u0131m\u0131z Personellerden Tam Anlam\u0131 ile M\u00fc\u015fterilerimizin Memnun Oldu\u011fundan Eminiz."}
{"_id": "276794", "title": "", "text": "I am currently interning in wealth management. Do you guys have tips to projects I can do? So far, on my own initiative, I have created a dynamic investment model comparing different product structures in Excel and currently working on automating some processes in Outlook and Excel. Not sure what else I can do to pass time. I try to do other things than just talking to clients."}
{"_id": "276803", "title": "", "text": "Yes, I think so. The goverment should fix the loopholes of tax laws. Apple is very smart to take advantages of them. If you run your own business. What should you do? You will do like APPL or pay taxes for the Government?"}
{"_id": "276805", "title": "", "text": "\"From a quick look at sources on the web, it looks to me like Money Market Accounts and savings accounts are both paying about the same rate today: around 1%, give or take maybe 0.4%. I suppose that's better than nothing, but it's not a whole lot better than nothing. (I saw several savings accounts advertising 0.1% interest. If they mailed you a check, the postage could be more than the returns.) Personally, I keep a modest amount of emergency cash in my checking account, and I put my \"\"savings\"\" in a very safe mutual fund. That generally gets somewhere from making maybe 3% a year to losing a small amount. Certainly nothing to sing about, but better than savings or money markets. Whether you are willing to tolerate the modest risk or the sales charges is a matter for your personal situation and feelings.\""}
{"_id": "276807", "title": "", "text": "\"Not quite, while you have considered time efficiency you have forgotten material efficiency. Can you grow more potatoes in the same piece of land, can a single hen lay more eggs, can the bees give more wax. Here is a classic example of exploiting animals and nature. It may be hard for people in the first world to imagine exploiting humans the same way as we do animals. In the real world however a large section of the worlds human population has lower rights than wild animals in some of the developed parts. The reason for this is \"\"value system\"\" that is \"\"our\"\" value system. An animal in the forest is essentially worthless in our system because it earns no dollars or pays no taxes. If it is a rare or magnificent animal like a tiger, then it is valued more. Most people in the world lead primitive lives by our standards and do not deserve the lands that may have fed them for thousand generations. So by applying our value system we pay them peanuts as compensation for their land and grab it. Sadly most of the growth in the world is fueled by such resource/land grabs.\""}
{"_id": "276812", "title": "", "text": "* Building out infrastructure is time-consuming and labor-intensive. You also have no guarantee that because you put fiber to every house in a neighborhood, that every person will sign up for your service. * Building out infrastructure requires permits from the municipality and surveying (underground wiring? On new poles? On existing poles? etc). * It requires tying into existing networks (more infrastructure, permitting, and commercial contracts.  * If you want to offer telephone services, that requires more network interfacing and, permitting, and has additional requirements, as phone service has legacy legal requirements. * If you want to offer TV services, you need more infrastructure, and commercial contracts with the TV channels.  In many municipalities, existing providers (IE Comcast, TWC) have exclusive contracts with the city that say no one else can come in and build a network.  **TLDR:** Legal contracts, commercial contracts, and the expense of building out the actual infrastructure make it pretty much impossible to create your own ISP, unless you have regular money bonfires (like Google does)."}
{"_id": "276830", "title": "", "text": "Something that you omitted in your question is whether this prospective purchase is a single family residence (SFR) or some other type of real property.  If this is an investment purchase as you say it is, then the only real way to tell it is worth what you are willing to pay is based on the income it produces. Once you complete an income and expense analysis you can get a CAP rate to compare it to other like properties in the area.  This is the best way to value income/investment real estate.  If you don't know what a CAP rate is and how to calculate it, then you might be over your head a bit. Another important aspect to consider is the reason to pay all cash for this property.  The main reason to invest in real estate is to use the banks money as leverage.  Again, you should understand these kinds of basic real estate concepts before you dive into purchasing investment property."}
{"_id": "276831", "title": "", "text": "\"Instead of getting into complex economic theories, here are the few places I can tell you where the cash has disappeared to:  1. Apple - holding over 100b cash in their vault more than any banks have in their reserves in the world and more than enough to pay off all of the debts of the U.S.  2. Real Estates.........in developing countries, that is :p. You may keep hearing how real estates are de-valuing in the U.S., but in developing countries like the BRICs, they are going higher. Think Hong Kong, Tokyo, Beijing, Shanghai, etc. Yes, it's a proven bubble there. If you have access to their regional news, just listen to how many people in Asia have to borrow from loan sharks to keep their finances afloat.  3. Gold - go see for yourself on goldprice.org, that's where the wealthy individuals put their cash in the so-called \"\"safe haven\"\" next to shotguns. Yes, it's ridiculous and is totally out of anyone's league beyond basic things like air, water, and food.  4. Commodities (gas, food, basic materials) - enough said, check out your local gas pumps and grocery stores.\""}
{"_id": "276839", "title": "", "text": "\"By protected you mean what exactly? In the US, generally you'd get a promissory note signed by B saying \"\"B promises to repay A such and such amount on such and such terms\"\". In case of default you can sue in a court of law, and the promissory note will be the evidence for your case. In case of B declaring bankruptcy, you'd submit the promissory note to the bankruptcy court to get in line with all the other creditors. Similarly in all the rest of the world, you make a contract, you enforce the contract in courts.\""}
{"_id": "276846", "title": "", "text": "It will be painful for the world, but not in the same way that the Western financial crisis of '08 was painful.  This will mostly hurt China, as well as western companies whose marginal revenue and growth is dependent upon Chinese business."}
{"_id": "276854", "title": "", "text": "As far as the specific price - it depends so much on the area and the house and other things.  70k could be a perfectly reasonable offer, or it could be an insulting lowball.  If they just lowered it from 95 to 85 for example, 70 is pretty low to start off.  But who knows. To answer the closing costs side of things, though, the reason those are sometimes paid by seller (rather than just dropping the sales price some) is that it makes it easier for the buyer if the buyer doesn't have much cash on hand.  From the seller's point of view it's all the same money - giving you a discount on the sale price vs. covering closing costs - except for the small difference of the realtor's commission (which would be slightly lower in the lower-sales-price example, but usually that's not a significant factor in total cost).  IE: vs How much having the 3k less on hand (and instead in your mortgage) is worth to you as a buyer is, of course, up to you.  If you have plenty of cash on hand for the down payment and closing costs, then paying closing costs yourself is probably in your best interest as the seller typically assumes buyers value reduced/zero closing costs at more than 100% face value."}
{"_id": "276860", "title": "", "text": "However,  you have to remember that not all dividends are paid quarterly.  For example one stock I recently purchased has a price of $8.03 and the Div/yield = 0.08/11.9 . $.08 * 4 = $0.32 which is only 3.9%  (But this stock pays monthly dividends). $.08 * 12 = $0.96 which is 11.9 %.   So over the course of a year assuming the stock price and the dividends didn't change you would make 11.9%"}
{"_id": "276864", "title": "", "text": "Call it whatever you like.  There ate places you can go which have no government taxes... mostly because they have no government and there is no social services.  They are places like Somalia, and regions of Afghanistan.  Sorry, but if yippy ate going to live under the umbrella of three modern world, that comes with an implied cost that we pay or pay the consequences.  The fact that you are using their internet would seem to indicate that you do enjoy the services that are paid for with your taxes."}
{"_id": "276871", "title": "", "text": "\"&gt;Many economists will dismiss this paper on methodological grounds:  \"\"You can't learn anything by asking people about their behavior in hypothetical scenarios.\"\"  I say these economists are being insufferably dogmatic.  Yes, people exhibit social desirability bias; they overstate their virtue when they don't have to put their money where their mouth is.  But that's a lame reason to ignore their words entirely.    Trying to deal with counterarguments by simply preemptively expressing awareness of them instead of addressing them is a rather lazy debate trick.\""}
{"_id": "276873", "title": "", "text": "She is, but she was trained by the Nashville Machine to be a songwriter as part of her development deal.  Take away her looks and give her a penis, and she's writing songs that are used by other artists as has been the standard line of business in Nashville for 65 years.      Not that that is an indictment of how Nashville does business. It has been extraordinarily effective in creating hits and many songwriters went on to performance careers of their own.  Swift just did it at 15."}
{"_id": "276882", "title": "", "text": "How much are we talking about here?  My own experience (Switzerland->US, under $10K) was that the easiest way was just $100 bills.  Alternatively, I just left a bunch in the Swiss bank, and used my ATM card to make withdrawals when needed.  That worked for several years (I was doing contract work remotely for the Swiss employer, who paid into that account), until the bank had issues with the IRS (unrelated to me!) and couriered me a check for the balance."}
{"_id": "276883", "title": "", "text": "Personally, I have been in that situation too often that now I am selling at the first tick down! (not exactly but you get the idea..) I have learned over the years to not fall in love with any stock, and this is a very hard thing to do. Limit your losses and take profit when you are satisfied with them. Nothing prevents you from buying back in this stock but why buying when it is going down?   Just my 2 cents."}
{"_id": "276884", "title": "", "text": "The paper is appealing to its readership to consider the profit and loss generated by Starbucks in UK operations as independent of other operations in other countries. Starbucks was profitable in the UK, but they offset these profits with investments in other overseas operations (not UK), to lower their tax rate in the UK. To the Guardian this seems unfair, even though UK law permits this. Seems like there is some case to be made for considering a change in the law."}
{"_id": "276885", "title": "", "text": "Productivity in industry has massively increased, self drilling screws aka modern fasteners, and modern materials.  CNC machines with one person making a complete product in one hit that took ten people ten operations on ten machines to do in the past. The modern technique of _'lean production'_ gets a poorly paid CNC operator to take a raw casting, machine it into a finished product in one CNC operation, wash and oil THEN box the part up next to the machine. Its a complete one person production line at $10 ph."}
{"_id": "276890", "title": "", "text": "\"This page, under the \"\"OFX\"\" section, has pointers to an OFX 2.0 spec (pdf). You're looking for the info starting at page 18, section 1.2.1: Clients use the HTTP POST command to send a request to the previously acquired Uniform Resource Locator (URL) for the desired financial institution. The URL presumably identifies a Common Gateway Interface (CGI) or other process on an FI server that can accept Open Financial Exchange requests and produce a response. and then shows some examples. The first page linked above also has some python scripts for downloading OFX data from your bank.\""}
{"_id": "276894", "title": "", "text": "Penn Station has seen better days... And the PABT is its own circle of hell... And then there's the tunnels that are barely safe... And what about the fact that the subway signaling system was put in place before the transistor radio was invented"}
{"_id": "276900", "title": "", "text": "The amount covered by the insurance takes into account the amount of money healthcare providers charge, according to this Quora post by Amy Chai (MD). For example, Medicare pays about 20 cents on the dollar for what a health provider bills. As a result, health providers have to artificially increase the amount of money they charge. Health providers cannot charge uninsured patients differently from insured patients, otherwise health insurances may complain to the feds, which in turn may charge the health providers with fraud for artificially inflating the medical bills."}
{"_id": "276906", "title": "", "text": "How often do you need to actually go to a bank?  atm's, debit and credit cards work where ever.  you can even deposit checks by taking a picture of them.  dealing with cash would be more troublesome though."}
{"_id": "276927", "title": "", "text": "\"First, don't use Yahoo's mangling of the XBRL data to do financial analysis.  Get it from the horse's mouth: http://www.sec.gov/edgar/searchedgar/companysearch.html Search for Facebook, select the latest 10-Q, and look at the income statement on pg. 6 (helpfully linked in the table of contents).  This is what humans do. When you do this, you see that Yahoo omitted FB's (admittedly trivial) interest expense.  I've seen much worse errors. If you're trying to scrape Yahoo... well do what you must.  You'll do better getting the XBRL data straight from EDGAR and mangling it yourself, but there's a learning curve, and if you're trying to compare lots of companies there's a problem of mapping everybody to a common chart of accounts. Second, assuming you're not using FCF as a valuation metric (which has got some problems)... you don't want to exclude interest expense from the calculation of free cash flow.  This becomes significant for heavily indebted firms. You might as well just start from net income and adjust from there... which, as it happens, is exactly the approach taken by the normal \"\"indirect\"\" form of the statement of cash flows.  That's what this statement is for.  Essentially you want to take cash flow from operations and subtract capital expenditures (from the cash flow from investments section).  It's not an encouraging sign that Yahoo's lines on the cash flow statement don't sum to the totals. As far as definitions go... working capital is not assets - liabilities, it is current assets - current liabilities.  Furthermore, you want to calculate changes in working capital, i.e. the difference in net current assets from the previous quarter.  What you're doing here is subtracting the company's accumulated equity capital from a single quarter's operating results, which is why you're getting an insane result that in no way resembles what appears in the statement of cash flows.  Also you seem to be using the numbers for the wrong quarter - 2014q4 instead of 2015q3. I can't figure out where you're getting your depreciation number from, but the statement of cash flows shows they booked $486M in depreciation for 2015q3; your number is high. FB doesn't have negative FCF.\""}
{"_id": "276928", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-sec-cyber-weaknesses-exclusive/exclusive-u-s-homeland-security-found-sec-had-critical-cyber-weaknesses-in-january-idUSKCN1BW27P) reduced by 78%. (I'm a bot) ***** &gt; WASHINGTON - The U.S. Department of Homeland Security detected five &amp;quot;Critical&amp;quot; cyber security weaknesses on the Securities and Exchange Commission&amp;#039;s computers as of January 23, 2017, according to a confidential weekly report reviewed by Reuters.  &gt; The January DHS report, which shows its weekly findings after scanning computers for cyber weaknesses across most of the federal civilian government agencies, revealed that the SEC at the time had the fourth most &amp;quot;Critical&amp;quot; vulnerabilities.  &gt; For the past several years, the Department of Homeland Security has been producing a report known as the &amp;quot;Federal Cyber Exposure Scorecard.&amp;quot; It provides a weekly snapshot to more than 80 civilian government agencies about potential outstanding cyber weaknesses and how long they have persisted without being patched.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71lgf9/us_homeland_security_found_sec_had_critical_cyber/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~214095 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **vulnerability**^#1 **Critical**^#2 **agency**^#3 **SEC**^#4 **hack**^#5\""}
{"_id": "276933", "title": "", "text": "I don't understand why businesses that supposedly offer a legitimate product decide to host 3rd party code.  Is their actual product so worthless that they need the extra few cents from ad revenue?  And there are open source analytic packages that tell you how many times people click on things on your web page and how they were referred.  I don't see the reason behind relying on other packages unless you really need to compare yourselves to the competition-- which probably doesn't come up in boardroom meetings every day."}
{"_id": "276934", "title": "", "text": "You can claim VAT back if you are VAT registered. You MUST be VAT registered if your turnover is more than \u00a382,000. You MAY register if your turnover is less.  However, you can only claim back as much VAT as you actually received, and you can only claim VAT back on purchases that were made for your business, not for private use.  And you need to remember that if you are VAT registered, you MUST charge VAT on every income. If you mostly trade with private customers, it means that your prices all just went up by 20%, so it's not a good idea."}
{"_id": "276936", "title": "", "text": "I agree but there is some benefit to compression, especially if you are watching tv in more of a casual environment with a high background noise level. You crank the volume to hear quiet dialogue and then a loud scene happens and scares the shit out of you. Ideally the compression would be user controlled but that's too complicated for your average schmoe unfortunately. I think compression is added to some big screen movies too (on say TBS) as well for the same reasons."}
{"_id": "276950", "title": "", "text": "In the UK there are spread betting firms (essentially financial bookmakers) that will take large bets 24x7. Plus, interbank forex is open 24x7 anyway. And there are a wide array of futures markets in different jurisdictions. There are plenty of ways to find organizations who are willing to take the opposite position that you do, day or night, provided that you qualify."}
{"_id": "276954", "title": "", "text": "&gt;[**WHAT IS BITCOIN? Bitcoin Explained by Andreas Antonopoulos on London Real [5:32]**](http://youtu.be/Cpj_P4Dp5kU)  &gt;&gt;Get your FREE copy of the The Business Idea Launch Guide.   &gt; [*^London ^Real*](https://www.youtube.com/channel/UCCZVmatSqIMTTB8uExk8xEg) ^in ^Science ^&amp; ^Technology  &gt;*^10,451 ^views ^since ^Jan ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "276955", "title": "", "text": "Reading the descriptions on Amazon.com it appears Investments is a graduate text and Elements of Investments is the undergraduate version of the text."}
{"_id": "276960", "title": "", "text": "I'll just add this: In the best hedge funds and proprietary trading funds, stock selection is approached very scientifically in order to minimize losses/maximize gains. Researchers think of a trading idea and carefully test it to see which methods of stock selection work and how well, and finally they combine them. Every day researchers update their models based on the past performance of each indicator.  All this is just too much work to be done manually. Firms use machine learning methods to understand markets. They try to figure out what is normal, what did not happen correctly at a specific time, what will happen in future. For instance, they use deep learning networks to look at unlabeled data, and figure out what is normal and what is not. These networks can analyze an unstructured haystack of noise, and separate out the signal. This is very relevant to finance and markets because finding the patterns and anomalies in market data has been the bread and butter of traders for decades. Deep learning networks give us applications like feature learning. By 'features,' I'm referring to certain attributes in data that indicate an event. By anticipating them, we can help predict future price movements. New technology is allowing us to break new ground in managing risk, to be a-typical and manage risk in ever-improving ways. It's the responsibility of every trader, whether working for themselves or others, to take advantage of this technology to improve the collective investing experience. I care very deeply about this. I have many close friends, in the finance world and without, who have lost large amounts of money to poor trade tools and lack of transparency."}
{"_id": "276975", "title": "", "text": "The Motley Fool is generally regarded as relatively legit, at least in that they're not likely to do anything outright fraudulent and they definitely have reasonably in-depth content to provide you.  The Motley Fool makes a fair amount of money off the subscriptions, though, and they do hawk them quite violently. If I didn't have a generally good opinion of them to begin with, I'd have been completely put off as well. It's pretty shameful. I don't think it's worth hundreds of dollars a year, but then again, I don't look at investing as a second career like the Fool likes to suggest, either."}
{"_id": "276978", "title": "", "text": "Yes, you generally leave your computer to 'mine' through data and eventually it has gone through enough data to turn up a bitcoin.... I think there's a hard limit on how many bit-coins will ever be on the market though and if you buy one you will likely lose money if you don't sell fast since that market is incredibly volatile."}
{"_id": "276983", "title": "", "text": "You haven't looked very far if you didn't find index tracking exchange-traded funds (ETFs) on the Toronto Stock Exchange. There are at least a half dozen major exchange-traded fund families that I'm aware of, including Canadian-listed offerings from some of the larger ETF providers from the U.S. The Toronto Stock Exchange (TSX) maintains a list of ETF providers that have products listed on the TSX."}
{"_id": "276994", "title": "", "text": "Very basic of you to say that \ud83d\ude27 She wasn't stupid if the family cashed in on her life insurance. May have been the only way she saw herself paying them back. Also, suicide is no easy affair...one of the hardest things humans can do is admit they are failures to not only themselves but to their loved ones and pay the ultimate price by realizing they don't deserve to co-exist with everyone else. Bigger issue is important of mental health in the youth"}
{"_id": "277003", "title": "", "text": "If you're looking for cause-effect, applying for another card won't matter at all if you're not paying any interest, or not looking to get another installment loan for which the rate you get depends on your credit rating. If you are looking to get another installment loan, then having more credit at your disposal might hurt a small amount.  I wouldn't want to cancel your oldest card.  The GEMB card looks like a good candidate if you want to cancel because you're not using it, and it's a relatively new card."}
{"_id": "277013", "title": "", "text": "\"Full disclosure, I'm an Apple fan, and gave up Windows as my primary computing experience around the transition from XP to Vista.  That being said, when Microsoft goes all-in on hardware and puts their minds to it, they really do have great hardware chops.   Back when I was in college, the best peripheral hardware you could buy (mice, keyboards, headsets, even at one point cordless telephones) were Microsoft products.  I *still* think the Microsoft Natural keyboard was genius and ahead of its time.  The XBox and XBox 360 are other great examples of good hardware.  Yeah, the 360 had its share of defects, but even with those, it's still a great system that has had an extremely full life, and is now morphing in to a formidable digital media hub.  I hope the Surface helps revive some of Microsoft's past innovation.   Personally, I question the wisdom of trying to make Windows 8 work well on both tablets and the desktop, and I think the transition to the Windows 8 interface is going to be extremely jarring for the non-technical user.  I also think it's confusing and a potential marketing nightmare putting out R/T tablets that are Windows 8 branded but only run Metro apps, side by side with \"\"Pro\"\" tablets that are going to run Metro plus traditional Windows software.  I can't imagine having to explain to a non-technical user why they might not want to buy the *cheaper* version of an MS tablet if they have an old app they still want to run.  Who knows, they ostensibly have smarter marketing folks than me, just seems like it leaves a lot up to chance.\""}
{"_id": "277039", "title": "", "text": "You need to find out exactly  how the two accounts are titled. If an account  is an UGMA (Uniform Gifts to Minors Act) account that is in your name with your mother/father as custodian, then you are entitled to all the money in the account when you become an adult. If the account is indeed a UGMA account,  the bank is supposed to not let the custodian operate the account once the  child becomes an adult, but this does not always happen.  There was a  question earlier on money.SE (which I cannot find at this time) in which  the 25-year-old person asking the question claimed that  his father was still buying and selling shares in his UGMA brokerage  account and the IRS was asking why the profits and losses from these transactions were not being reported on the 25-year-old's tax return. Money in an UGMA account is not supposed to be used for payment of household expenses, food, etc. which is the parent's responsibility during the minority, but this can well be abused. As to whether money was taken out and then restored (or possibly not restored, as you seem to suspect), it is possible to sue the custodian for improper handling of the UGMA account and recover the funds, but whether one wants to sue a parent over what might be a relatively small sum is another matter. Consider whether most of what is recovered might go to pay legal fees or other costs of the recovery process, and will likely ruin a family relationship. If the accounts are titled as joint accounts, then either party can empty the account without informing the other. But doing so would need information about the account number etc. which you may not have. For tax purposes, there is also the issue of whose Social Security  Number is listed on the account, yours or your parent's. See also this answer  for a view of what happens from the other side."}
{"_id": "277041", "title": "", "text": "ITT: people saying bitcoin is backed by emotions just like stocks  Fact: you're right that some of a stocks movement is emotion (not all) but a stocks VALUE is backed by a profit generating business that creates value as time goes on through increased profits (increasing the stock price).   Bitcoin has very little uses to backup the spike in demand. It's pure speculation, ask anyone who's in bitcoin what their thesis is and it's very abstract and almost always mentions the fact that it's rising so much which drives the value. Classic bubble"}
{"_id": "277074", "title": "", "text": "It isn't that the companies force traders, it is more the other way around. Traders wouldn't trade without margin. The main reason is liquidity and taking advantage of minor changes in the forex quotes. It goes down to pips and traders make profit(loss) on movement of pips maybe by 1 or 2 and in some cases in 1/1000 or less of a pip. So you need to put in a large amount to make a profit when the quotes move up or down. Supposedly if they have put in all the amount upfront, their trading options are limited. And the liquidity in the market goes out of the window. The banks and traders cannot make a profit with the limited amount of money available at their disposal. So what they would do is borrow from somebody else, so why not the broker itself in this case maybe the forex company, and execute the trades. So it helps everybody. Forex companies make their profit from the fees, more the trades done, more the fees and hence more profit. Traders get to put their fingers in many pies and so their chances of making profits increases. So everybody is happy."}
{"_id": "277105", "title": "", "text": "\"This article is centered around a \"\"study\"\" conducted by Michelle McQuaid who just happens to be selling books, seminars and career coaching services. Surprise surprise, her newest book tells you how to fix your bad boss! Even the link in the Forbes article points to a press release on PRWeb.  I will say that Michelle McQuaid's marketing agency is nothing short of relentless. In trying to find the methodology used in her study I found nearly identical articles in several business magazine sites and thousands of blogs and tweets about it from all directions.  This \"\"article\"\" is pure tripe.\""}
{"_id": "277118", "title": "", "text": "I never said I didn't want them to crumble, just acknowledging the fact it will at some point.  The input customers and flight companies have doesn't weigh as much as you think on the decisions TSA makes. It's like saying oh yeah the D.O.D. conferred with citizens about NDAA so instead of beating them while we hold them indefinitely we'll just tickle them till they pee themselves stupid. There isn't that much transparency in most of what goes on, so don't be sold on press releases alone."}
{"_id": "277125", "title": "", "text": "The math works out so that the 401k is still a better deal in the long term over a taxable account because of the tax-deferred growth. Let's assume you invest in an S&P 500 index fund in either a taxable investment account or a 401k and the difference in fees is .5%. I used an online calculator and a hypothetical 1k/year investment over 30 years with 4.5% tax-deferred growth vs 5% taxable and a 25% tax bracket. After 30 years the tax-deferred 401k account will have $67k and the taxable account will have $58k. The math isn't perfect -- I'm sure I'm missing some intricacies with dividends/capital gains distributions and that you'll then pay income tax on the 401k upon retirement as you drawn down, but it still seems pretty clear that the 401k will win in the long run, especially if you invest more than the 1k/year used in my example. But yeah, .84% expenses on an index fund is robbery. Can you bring that to the attention of the HR department? Maybe they'll want to look for a lower-fee provider and it's in their best interest too, if they also participate."}
{"_id": "277140", "title": "", "text": "You're asking for a LOT. I mean, entire lives and volumes upon volumes of information is out there.  I'd recommend Benjamin Graham for finance concepts (might be a little bit dry...), *A Random Walk Down Wall Street,* by Burton Malkiel and *A Concise Guide to Macro Economics* by David Moss."}
{"_id": "277142", "title": "", "text": "sounds like a tool a dept within the IRS would use. Yes it is small money in the overall federal budget but unless you have a habit of buying things that ultimately screw you in the ass I am not sure why we would want this at any price."}
{"_id": "277149", "title": "", "text": "I personally think that you should do whatever you believe works best. I am not married but when I get married I would also want to do what you are doing with having a joint account for certain things but also still having seperate accounts. I find this is a good approach so that neither of you is dependent finanically on the other one. Also, if you want to buy a present for your wife you would do it with your own money and not the joint account money. I hope my answer helps."}
{"_id": "277156", "title": "", "text": "&gt; Are you saying that if the industry was unregulated they would not do this?  No, I'm saying that people would probably do this regardless of the level of regulation.  &gt; It merely proves why regulation is necessary.  Except that regulation prohibiting this would be virtually unenforceable."}
{"_id": "277161", "title": "", "text": "You had to lie because you wanted to keep more of it. As the person in the article said a good server at a good restaurant should make at least $20 an hour on top of the minimum wage. Plus I never claimed any tips besides credit card tips. All the cash tips went unreported."}
{"_id": "277174", "title": "", "text": "What's the best strategy? Buy low and sell high. Now. A lot of people try to do this. A few are successful, but for the most part, people who try to time the market end up worse. A far more successful strategy is to save over your entire lifetime, put the money into a very low-cost market fund, and just let the average performance take you to retirement. Put another way, if you think that there is an obvious, no-fail, double-your-money-due-to-a-correction strategy, you're wrong. Otherwise everyone would do it. And someone who tells you that there is such a strategy almost surely will be trying to separate you from a good amount of your money.  In the end, $80K isn't a life-altering, never-have-to-work-again amount of money. What I think you ought to do with it is: pay off any credit card debts you may have, pay a significant chunk of student loan or other personal loan debts you may have, make sure you have a decent emergency fund set aside, and then put the rest into diversified low-cost mutual funds. Think of it as a nice leg-up towards your retirement."}
{"_id": "277178", "title": "", "text": "&gt;So, we agree then.  No, Unemployment is not insurance paid for by the worker. We do not agree on that.   Apparently we agree on the fact that is not illegal.   &gt;So, what?  This is why there should be qualifications and tests much like those proposed for social security. Especially since the employee doesn't actually pay for any of it. If you are making millions of dollars and still can't figure out to create an 'Oh shit' savings account, well looks like you are SOL."}
{"_id": "277179", "title": "", "text": "This is the same as any case where income is variable.  How do you deal with the months where expected cash flows are lower than projected? When I got married, my wife was in the habit of allocating money to be spent in the current month from income accrued during the previous month.  This is slightly complicated because we account for taxes (and benefit expenses) withheld in the current months' paychecks as current expenses, but we allocate the gross income from that check to the following month for spending. The benefit of spending only money made during the previous month is that income shocks are less shocking.  I was working for a start-up and they missed payroll that normally arrived on the first of the month.  Most of my co-workers were calling the bank in a panic to avoid over-draft fees with their mortgage payments, but my mortgage payment was already covered.  Similarly, when the same start-up had a reduction in force on the first day of a new quarter, I didn't have to pull any money from savings during the 3 weeks I was unemployed. In the end, you're going to have to allocate money to the budget based on the actual income--which is lower than your expectations.  What part of the budget should fairly be reduced is a question you and your wife will have to figure out."}
{"_id": "277185", "title": "", "text": "\"A qualifying distribution seems guaranteed to fall under long term capital gains. But a disqualifying distribution could also fall under long term capital gains depending on when it is sold. So what's the actual change that occurs once something becomes a qualifying as opposed to a disqualifying distribution? Yes a qualifying distribution always falls under long term capital gain. The difference between qualifying and disqualifying is how the \"\"bargain element\"\" of benefit is calculated. In case of disqualifying distribution it is always the discount offered, Irrespective of the final sale price of the stock. In case of qualifying distribution it is lower of actual discount or profit. Thus if you sell the stock at same price or slightly lower price than the price on exercise date, your \"\"bargain element\"\" is less. This is not the case with disqualifying distribution.\""}
{"_id": "277190", "title": "", "text": "Buying back shares is an indication that the company does not believe that there is justification to invest in production, employee training, or technology. In the end, what it mostly does is pump up the share price, which very directly pumps up the value of share-based compensation that the CEO has.  On mergers and acquisitions, I don't have the time to look for the source right now, but I've read a few reports that showed that the vast majority of mergers and acquisitions actually erodes the value when compared to the two separate companies. They cite reasons like overblown expectations, clash in company cultures, and manipulations up top as a reason to do this. On paper, they all sound great, but these are very dificult things to operationalise which only the very best management teams manage to work out.  The above parties are part of the real economy as long as they are companies that produce goods or services, which is often the case. It contrasts with the paper economy which is the world of bonds, hedge funds, share markets, and commodity markets. The money moving around in this world seldom makes a diference to anybody but the directly involved. The share market is a classic example of this. Although the value of stocks may be high, most people who own the stocks don't actually have more money to spend, unless, obviously they sell the shares. The value is on paper until it is transacted, and can collapse like a house of cards.   The real economy is much more stable and resiliant, and has a large impact on the majority of the population. It won't vary hugely from one month to the next like the stock market can.  I don't have any educaton in economics other than curiosity on how these things work. I read Krugman's blog and generally google any term or concept that tickles my fancy. I also partake in quite a few discussions here on reddit that frequently prompt me to go investiage some more. I don't proport to be some sort of expert, but I do have concise ideas of how things work, and have a very strong bias of looking at evidence and fact-based postulations rather than ideology."}
{"_id": "277208", "title": "", "text": "I would strongly suggest you select an answer: all the above two cover everything I can possibly recommend, but perhaps my perspective as a person who was exactly in your shoes a year ago might appeal to you more. My first bank was Chase, and they usually give out a free checking account to students that come with leaves of 100 checks. Unfortunately, I was 24 at that time, and the max possible age to qualify was 23 or 21. Paying $25 for any number of checks was a big deal for me as I had no job, and transportation and rent was costing me $1k/month anyways. I came here and asked questions: lots of them. MrChrister, God bless his soul, recommended credit unions to me. I never knew they existed. A year later, I am a proud member of 3 CUs: I recommend Alliant, DCU and SchoolsFirst: I am their member and very proud of it!"}
{"_id": "277210", "title": "", "text": "ATM to ATM transfer is not possible. Do you mean to say account to account transfer using an ATM machine?   Online transfer between account or between an account and credit card is possible. Almost every Bank offers Online transfers using Internet Banking.   The person wishing to initiate a Debit must subscribe to Internet Banking. Once you login to Internet Banking, you would need to add beneficiary Account [account where you need to transfer funds]. Adding of Beneficiary at times takes a Day for the Beneficiary to be activated. Once the Beneficiary is activated, you can transfer funds. The funds are credited to Beneficiary account within 2 hrs. If the both the accounts are in same bank, then some Bank's ATM's [HDFC / Citi etc] allow you to transfer funds between account using the Bank's ATM."}
{"_id": "277217", "title": "", "text": "\"He's calculating portfolio variance. The general formula for the variance of a portfolio composed of two securities looks like this:  where w_a and w_b are the weights of each stock in the portfolio and the sigmas represent the standard deviation/risk of each asset or portfolio.  In the case of perfect positive or negative correlation, applying some algebra to the formula relating covariance to the correlation coefficient (rho, the Greek letter that looks like \"\"p\"\"):  tells us that the covariance we need in the original formula is simply the product of the standard deviations and the correlation coefficient (-1 in this case).  Combining that result with our original formula yields this calculation:  Technically we've calculated the portfolio's variance and not it's standard deviation/risk, but since the square root of 0 is still 0, that doesn't matter. The Wikipedia article on Modern Portfolio Theory has a section that describes the mathematical methods I used above. The entire article is worth a read, however.\""}
{"_id": "277230", "title": "", "text": "Even if you're working from a liveable wage, people will still want extra luxuries that wage can't afford. Paying higher-ranking positions more will give incentives for employees to work harder and earn promotions just as before.   As for your second question, ideally, the changeover would be implemented over a period of 3-6 years, to allow the market time to adjust. Failing that, some compromise solution may be reaching. Say, a more modest raise to $12, which would still drastically increase the average American's ability to make a living.  However, given that California's recent raise in minimum wage to $15 has, by all indications, worked out quite well so far*, it seems like expanding that rise to more states should not be out of the question. Granted, what works for California may not work for the nation, but overall, i'd say a $15 minimum wage is pretty reasonable.  *  http://irle.berkeley.edu/effects-of-a-15-minimum-wage-in-california-and-fresno/  https://economicrt.org/publication/effects-of-a-fifteen-dollar-an-hour-minimum-wage-in-the-city-of-los-angeles/"}
{"_id": "277238", "title": "", "text": "Or starve the post office. It's government subsidized spam. Mail delivery could be 3 days a week and no one would be hurt. They could even add an option for digital delivery (scan and view online) which would save lots of money and could probably even be a value-added service."}
{"_id": "277245", "title": "", "text": "This would depend on what transfer methods your Forex broker allows. Most will allow you to have a check or wire transfer sent...best thing would be to call/email your broker and ask how to get the money into your account. Keep in mind, many brokers will force you to withdraw using the same funding method you used to deposit, up to the amount of the deposit. For example, if I fund my Forex account with $500 on a credit card and make $500 profit, I now have $1,000 sitting in my Forex account. The broker will force me to withdraw $500 as a credit to my credit card before allowing me to use another withdrawal method. This is an anti-money laundering precaution."}
{"_id": "277247", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-21/how-just-14-people-make-500-000-tons-of-steel-a-year-in-austria) reduced by 87%. (I'm a bot) ***** &gt; The plant, a two-hour drive southwest of Vienna, will need just 14 employees to make 500,000 tons of robust steel wire a year-vs. as many as 1,000 in a mill with similar capacity built in the 1960s.  &gt; Voestalpine long ago decided it couldn&amp;#039;t compete on bulk steel with titans such as Luxembourg-based ArcelorMittal, Japan&amp;#039;s Nippon Steel, or South Korea&amp;#039;s Posco, let alone hundreds of low-cost Chinese furnaces.  &gt; Over the past 20 years, the number of worker-hours needed to make a ton of steel industrywide has fallen from 700 to 250, as new control processes and innovations such as casting steel closer to the shape of the finished product have improved productivity, according to the World Steel Association.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6irf3i/how_just_14_people_make_500000_tons_of_steel_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~149920 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **steel**^#1 **Donawitz**^#2 **Voestalpine**^#3 **jobs**^#4 **mill**^#5\""}
{"_id": "277268", "title": "", "text": "\"&gt;The term \"\"National Socialism\"\" arose out of attempts to create a nationalist redefinition of \"\"socialism\"\"  That's the sentence before what you quoted that you ignored where they tried to rebrand the idea of socialism as nazism. The two aren't the same. But way to cherry pick your bullshit sources man.\""}
{"_id": "277269", "title": "", "text": "I would like to see what they propose as far as taxing dividends, capital gains, inheritance and other sources of financial gain that the wealthy seem to rely on far more than this 'income' thing. Income is for us hoi polloi."}
{"_id": "277277", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [How much of an equity gap should Co-founders starting at same time have? (If any gap at all).](https://np.reddit.com/r/talkbusiness/comments/7897ih/how_much_of_an_equity_gap_should_cofounders/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "277278", "title": "", "text": "That is certainly true, but I think those innocent people have to take that risk if they are going to work for immoral employers.  Your objection holds for just about every single boycott that has ever happened, every single trade embargo, every single sanction against a nation, and so on."}
{"_id": "277288", "title": "", "text": "From my 2003 Colorado experience here:  Earnest money shows that your offer is legit and is held until escrow as you recall correctly.  I assumed you meant escrow money, because I cannot think of any other non-refundable deposit you'd put on a home.  Perhaps for a new home or a manufactured home?"}
{"_id": "277295", "title": "", "text": "\"The problems of the government \"\"watching your money\"\" only apply to paper cash money which has pictures of presidents on it, and it's for anti-laundering/anti-crime/drug reasons. Nobody cares who you write a $100,000 check to.  The paper trail is there, but nobody ever looks at it. No reputable money management firm would even want cash. The apocryphal \"\"briefcase of money\"\" would be a nightmare for them. They'd need to count it in front of you, guard it, call in a security firm to transport it, and then make the same exact justifications to the government that you have to make, which means, chain of custody, they'd have to give you the same grilling your bank just gave you!  They would strongly discourage cash for those reasons.   So the crook wants the paper bag o' cash because he plans to do none of those things; he plans to take it from you and doesn't want a paper trail.  Often when the financial industry uses the term \"\"cash\"\", it's a slang for checks, money orders, cashiers checks, savings bonds, and other things that instantly map to denominated US dollars or a foreign currency routinely traded like yen, pound, franc, or Euro.  The opposite of \"\"cash\"\" would be stocks, bonds, real estate holdings, patents, heirlooms, debt, vehicles, etc. where they must be sold to make them into USD.   Just as a warning: most \"\"financial management firms\"\" rip you off; they pretend to be cheap or free, but actually earn their pay through deception: they talk you into fairly mediocre investments which pay them a huge sales commission. Sure, your money goes up, but not half as much as it should've, and they pocketed the difference.  They also recommend products which are unnecessarily complex, as a snow job.  Investment is simpler than that.\""}
{"_id": "277299", "title": "", "text": "Oh, come on, man! The president was a Constitutional ~~Scholar~~ tutor.  Good thing he proved himself with the health care law he allowed Pelosi and Reid to craft so it could get tossed by the Supreme Court and he could avoid blame once again."}
{"_id": "277305", "title": "", "text": "Hah, good luck getting those kind of terms. There's always another fresh-faced new grad with dollar signs in his eyes who doesn't know enough to ask about outstanding shares, dilution, or preferences. Very few startups are looking for penny-ante 'investor' employees who can only put &lt;$100k. That's what co-founders are for. Actual employees are lucky if they can properly value their options, let alone control how much it ends up being worth in the end."}
{"_id": "277311", "title": "", "text": "Automatic exercisions can be extremely risky, and the closer to the money the options are, the riskier their exercisions are. It is unlikely that the entire account has negative equity since a responsible broker would forcibly close all positions and pursue the holder for the balance of the debt to reduce solvency risk.  Since the broker has automatically exercised a near the money option, it's solvency policy is already risky. Regardless of whether there is negative equity or simply a liability, the least risky course of action is to sell enough of the underlying to satisfy the loan by closing all other positions if necessary as soon as possible. If there is a negative equity after trying to satisfy the loan, the account will need to be funded for the balance of the loan to pay for purchases of the underlying to fully satisfy the loan. Since the underlying can move in such a way to cause this loan to increase, the account should also be funded as soon as possible if necessary. Accounts after exercise For deep in the money exercised options, a call turns into a long underlying on margin while a put turns into a short underlying. The next decision should be based upon risk and position selection.  First, if the position is no longer attractive, it should be closed.  Since it's deep in the money, simply closing out the exposure to the underlying should extinguish the liability as cash is not marginable, so the cash received from the closing out of the position will repay any margin debt. If the position in the underlying is still attractive then the liability should be managed according to one's liability policy and of course to margin limits. In a margin account, closing the underlying positions on the same day as the exercise will only be considered a day trade.  If the positions are closed on any business day after the exercision, there will be no penalty or restriction. Cash option accounts While this is possible, many brokers force an upgrade to a margin account, and the ShareBuilder Options Account Agreement seems ambiguous, but their options trading page implies the upgrade. In a cash account, equities are not marginable, so any margin will trigger a margin call.  If the margin debt did not trigger a margin call then it is unlikely that it is a cash account as margin for any security in a cash account except for certain options trades is 100%. Equities are convertible to cash presumably at the bid, so during a call exercise, the exercisor or exercisor's broker pays cash for the underlying at the exercise price, and any deficit is financed with debt, thus underlying can be sold to satisfy that debt or be sold for cash as one normally would. To preempt a forced exercise as a call holder, one could short the underlying, but this will be more expensive, and since probably no broker allows shorting against the box because of its intended use to circumvent capital gains taxes by fraud.  The least expensive way to trade out of options positions is to close them themselves rather than take delivery."}
{"_id": "277353", "title": "", "text": "If you have multiple accounts, you have to empty them all before you can deduct any losses. Your loss is not a capital loss, its a deduction. It is calculated based on the total amount you have withdrawn from all your Roth IRA's, minus the total basis. It will be subject to the 2% AGI treshhold (i.e.: if your AGI is > 100K, none of it is deductible, and you have to itemize to get it). Bottom line - think twice. Summarizing the discussion in comments: If you have a very low AGI, I would guess that your tax liability is pretty low as well. Even if you deduct the whole $2K, and all of it is above the other deductions you have (which in turn is above the standard deduction of almost $6K), you save say $300 if you're in 15% tax bracket. That's the most savings you have. However I'm assuming something here: I'm assuming that you're itemizing your deductions already and they're above the standard deduction. This is very unlikely, with such a low income. You don't have state taxes to deduct, you probably don't spend a lot to deduct sales taxes, and I would argue that with the low AGI you probably don't own property, and if you do - you don't have a mortgage with a significant interest on it. You can be in 15% bracket with AGI between (roughly) $8K and $35K, i.e.: you cannot deduct between $160 and $750 of the $2K, so it's already less than the maximum $300. If your AGI is $8K, the deduction doesn't matter, EIC might cover all of your taxes anyway. If your AGI is $30K, you can deduct only $1400, so if you're in the 15% bracket - you saved $210. That, again, assuming it's above your other deductions, which in turn are already above the standard deduction. Highly unlikely. As I said in the comments - I do not think you can realistically save on taxes because of this loss in such a manner."}
{"_id": "277359", "title": "", "text": "Think about it this way. If the strike price is $200, and cost of the option is $0.05. $200 + $0.05 is $200.05. That does not mean that the price of buying the option is more. Neither is the option writer going to pay you $70 to buy the contract.  When you are buying options, you can only have a limited downside and that is the premium that you pay for it.  In case of the $115 contract, your total loss could be a maximum of $19.3.  In case of the $130 contract, your total loss could be a maximum of $9.3. This is due to the fact that the chances of AAPL going to hit $130 is less than the chance of AAPL hitting $115. Therefore, option writers offer the lower probability contracts at a lower price.  Long story short, you do not pay for the Strike price. You only pay the premium and that premium keeps getting lower with and increase in Strike price(Or decrease if it is a put option). Strike price is just a number that you expect the stock or index to break. I would suggest you to read up a little more on pricing from here"}
{"_id": "277361", "title": "", "text": "Yes, the Fed has made a point of buying up longer-term bonds to push down rates on that part of the curve.  That's not an indication that they're having problems selling Treasuries, in fact far from it.  But apparently there's no demand for Treasuries and Bloomberg is just making up lies to help get Obama reelected?  &gt;Investors are plowing into Treasuries (USB2YBC) at a record pace as the supply of the world\u2019s safest securities dwindles, ensuring yields will stay low regardless of whether the Federal Reserve  undertakes more stimulus to fight unemployment. Buyers bid $3.19 for each dollar of the $538 billion in notes and bonds sold this year, the most since the government began releasing the data in 1992 and on pace to beat the high of $3.04 in 2011. The net amount of Treasuries available will decline by 30 percent once proceeds from maturing securities are reinvested, according to data from CRT Capital Group LLC.  http://www.bloomberg.com/news/2012-04-09/record-treasury-demand-keeps-yields-low-as-supply-shrinks.html"}
{"_id": "277370", "title": "", "text": "Having freelanced myself in South America I could give you a sound advice BUT you would first need to answer some questions.  1) How long do you plan on being in South America? At the end of 2017 will you be back in Ireland or still being in South America? In other words was is your country of residence for tax purposes on Dec. 31 2017 ? That is the key element to consider. Link 2) In latin America you can freelance with a legal working permit BUT in all these countries more than 50% of the economy is under the table. In all these countries expatriate work under the table. The question you need to answer is then: Who will be your employer, a company or the owner of this company? Working undeclared in Latin America is very common, what are the risks? The legal risks depend on the country and their laws. In which country will you travel? How long will you stay there? You will have a tourist visa or a working visa? 3) An important detail, your health. Check how long you can be out of Ireland without loosing your social health benefits in Ireland? In my country, if I am abroad for more than 180 days, I loose my national health coverage. Evaluate the amount of days you will be out of Ireland and where you want to be on Dec. 31th. That could change a lot of things in your life."}
{"_id": "277373", "title": "", "text": "You need a find a financial planner that will create a plan for you for a fixed fee. They will help you determine the best course of action taking into account the pension, the 403B, and any other sources of income you have, or will have. They will know how to address the risk that you have that that particular pension.  They will help you determine how to invest your money to produce the type of retirement you want, while making sure you are likely to not outlive your portfolio."}
{"_id": "277377", "title": "", "text": "I noticed that as well. It's practically a direct copy paste from the post, even the intro making it sound as if the content was written specifically for medium.    Are both articles written by the same authors? If not this seems somewhat unethical."}
{"_id": "277416", "title": "", "text": "\"The answer comes down to what you expect the future tax rate to be. If that tax rate is the same (25\u2105 marginal here), then it is a wash. Yes you will pay more taxes when you pull the money out with a traditional, but it is the same fraction of the original contribution as when you pay the tax now to convert to Roth (all you did was invest uncle Sam's money well). So if you expect to pay higher tax rate on retirement then a ROTH could be beneficial. Also a ROTH does not have a required minimum distribution (but Congress can change that and it has been proposed). The argument for leaving the money in the traditional is that you expect a lower tax rate on retirement. Or you don't trust that a future Congress won't decide to add a \"\"nominal\"\" tax to ROTH distributions.  Now if there is a year where your tax rate is very low, then a partial conversion may well be worth it. Also if you your balance is insufficient for a good portfolio and future contributions will be to a ROTH due to income limits, then that would also be a very good reason to convert.\""}
{"_id": "277425", "title": "", "text": "\"This is a pretty shit article I didn't know people got business advice from Slate.com's business blog. Jesus.  Everyone in the industry knows that AMC is sour about this because they are trying to do their own thing. They tried it before with Moveipass and probably weren't happy with the split, and now they're not happy because this is undercutting what they were planing. They don't actually have a real reason to be upset about this and are going to have a tough time getting out of it.  The article also doesn't mention Regal and Cinemark which are both excited about Moviepass and (I have heard) have expressed willingness to potentially share incremental concession revenue. These guys make 90 cents on the dollar on concessions, so I don't think they give a shit who is lining their customers up as long as they're there.  Also if you don't see the obvious acquisition strategy here then you should probably stick to whatever it is that Slate.com regularly covers.....looks like today's headline is \"\"Who Won the Eclipse on the Internet\"\".\""}
{"_id": "277429", "title": "", "text": "There is no way in 5 years or even 10 years a computer can make a made-to-order burger in any way that is more cost-effective than paying a person 12 bucks an hour.   No way no how.  Now, there may be some gimmick restaurant that figures it out, but in a world with an oversupply of unskilled labor, it will never make economic sense."}
{"_id": "277430", "title": "", "text": "\"&gt;\"\"Frequently you\u2019ll see that there\u2019s really no future for the business beyond the selling season,\u201d Albergotti said. \u201cLenders want to liquidate inventory and get as much cash as they can to sell the company and move on.\u201d  The last paragraph of the article really echoes your sentiment. With the exception of a few brands that could be \"\"saved\"\" - whether it is due to their strong customer base or a maneuverable capital structure / balance sheet - there is a lot to be concerned about  when it comes to these traditional retailers.\""}
{"_id": "277448", "title": "", "text": "Royal white Marmo Pvt Ltd is topmost Marble Manufacturer, Exporters and and supplier of several types and quality of Indian Marbles. We have high quality and most demanding Indian marbles like Agaria white, Dharmata white, Vanni marble, Talai marble etc. Quality is the main thing of our management. We have succeeded to win the trust and confidence of our clients by providing best quality products.http://royalwhitemarmostone.in/index.php#Indian-Marble-Quality"}
{"_id": "277457", "title": "", "text": "\"You're not focusing in the right place and neither is anyone else on this thread because this isn't about the guy owning you money... This is about you not having enough money to pay your rent.  If rent wasn't due and the utility bills weren't piling up, you wouldn't be trying to justify taking money out of someone else's account. So let's triage this. Your #1 problem isn't hunting down Dr. Deadbeat's wallet. So put a pin in that for now and get to the real deal.  Getting rent paid. Right? OK, you said he called \"\"regarding a business I have\"\".  It's great that you have your own business.  Are you also employed elsewhere?  If you are, then you really should simply go to your employer and tell them you are in financial distress.  Tell them that right now you can't cover your rent or bills and you want to know if they can help, i.e. give you an advance from your paycheck, do a withdrawal/loan from a retirement savings that's in your employee benefits package, etc...  They will HELP YOU because it's in their best interest as much as it is in yours. Foregoing that, consider these thoughts... If you were to go your grandparents telling them what you told all of us here, and ask them the same \"\"do you think it's ok to...\"\", they would say something close to \"\"Absolutely DO NOT touch someone else bank account EVER! It doesn't matter what information you have, how you got it, or what you think they owe you. Do NOT touch it.  There's a legal system that will help you get it from them if they truly do owe it to you.\"\"   I guarantee you this, withdrawing funds from an account on which you are NOT an authorized signatory is both financial theft as well as identity theft. Bonus if you do it on a computer, because you'd then be facing criminal charges that go beyond your specific legal district, i.e. you'd face criminal charges on a national level. If convicted, odds are you'd be sentenced within the penal guidelines of the Netherlands 1983 Financial Penalties Act (FPA). Ergo, you would have much much much less money in the very near future, which would feel like an eternal walk through the Hell of the court system.  Ultimately, over your lifetime you would be exponentially poorer than you may think you are now.  I strongly urge you to rebrand this \"\"financial loss\"\" as \"\"Tuition at the School of Hard Knocks\"\". There's one last thing... the train jumps the tracks for me during your story... This guy called you? Right?...  (raised eyebrow) What kind of business do you \"\"have\"\"?  The sense of desperation and naivet\u00e9 in your urgent need for money to pay rent. The fact that you are accepting payment for services by conducting a  bank transfer specifically from your clients account directly toward your own utility bills is a big red flag. Bypassing business accounting and using revenue for personal finances isn't legitimate business practices. Plus you are doing it by using the bank information of brand new client who is a TOTAL stranger.  Now consider fact that this total stranger was so exceedingly generous to someone from whom he wanted personal services to be rendered. Those all tell me that he's doing something he wants the other person to do for him and he doesn't want anyone else to know.  The fact that he's being so benevolent like a 'sugar daddy' tells me that he feels guilty for having someone do what he's asking them to do.  Perceived financial superiority is the smoothest of smooth power tools that predators and abusers have in their bag.  For instance, an outlandish financial promise is probably the easiest way to target someone who is vulnerable; and then seduce them into being their victim.  Redirecting your focus on how much better life will be once your problem is solved by this cash rather than focusing on the fact that they're taking advantage of you.  Offering to pay rates that are dramatically excessive is a way of buying a clean conscious, because he's doing something that will \"\"rescue you\"\" from a crisis. The final nail in the coffin for me was that he left so abruptly and your implied instinct suggesting his reason was a lie.  It sounds like he got scared or ashamed of his actions and ran out.  It paints a picture that this was sex-for-money Good luck to you.\""}
{"_id": "277464", "title": "", "text": "Basically, yes. That doesn't mean that it's easy to do. The government provides a dividend tax credit since an individual takes on more risk to invest in dividend-paying corporations rather than trading their human capital for an income. Thus, for the most part, $1 earned from dividends is taxed much less than $1 earned from income or interest. Finally, note that foreign dividends are not eligible for the dividend tax credit, and are not preferentially taxed."}
{"_id": "277475", "title": "", "text": "One of my friend is sending 100000 pounds to India, Although you haven't asked, this is a large amount of funds and depending on why it is, there could be taxes to you or lot of paperwork. He is asking for RIB and IBAN and I am not aware of it. India does not have IBAN. IBAN is mostly in Europe, Australia and New Zealand. You would need to give Bank Account Number and SWIFT BIC. The details can be found here. Best talk to your Branch to understand."}
{"_id": "277477", "title": "", "text": "The details of credit score calculation tend to change periodically, but the fundamentals are mostly consistent.  Pay your bills, keep your average account age high, overpay your credit card minimums, and keep your overall debt low.  And do soft pulls on your credit report to see what's happening. First, the simplest route: pay all your bills early or on time.  Automatic deduction may be useful in this regard, especially for bills with predictable amounts.  A corollary to this tip is to never leave an unpaid bill.  What often happens to young people is in the course of moving around they leave the final bill unpaid and it gets reported to collections.  Make sure you follow up online with all bills, even after canceling the service. Second, average account age and oldest account age matter.  Open an account like a credit card and never close it, so you'll have an older account (hopefully a zero-fee card).  Try to keep other accounts open rather than closing them (no need to cancel a zero-fee credit card) so your average account age stays higher.  A card that works on internal systems (like a gift card) is not going to show up on a credit report; a card that works like any VISA/MC is likely going to show up.  The rule of thumb is if they need your SSN to run a credit check for the application, then the card will appear on a credit report.  You can pull your credit report to find out if the card is listed (you may have to allow time for lag before the card appears, but I'm not sure how long that might be).   Third, a tip for extra credit score is to pay more than the minimum required on credit card bills.  You can achieve this by either using your credit card at least once a month or by leaving a small hanging balance each month so there's always something to overpay next month.  Credit card reporting will be either: unpaid, underpaid, minimum paid, or overpaid.  Minimum payment helps your score and overpayment helps more.  If you can use your credit card every month, that will give you something to overpay every month.  Otherwise, you can leave a small debt left on the card but still pay over the monthly minimum.  However, your total debt load, especially debt carried on your cards, counts against your score; aim for less than 10% of your limit. Finally, of course, is to pull your credit report periodically.  You need to know what others are seeing.  Since debt load utilization matters, make sure the reported card maximum is correct on your credit report.  Talk to your bank or account issuer if the limit is wrong.  If a collection appears, then you need to handle it.  Often you can negotiate with the collector, but be careful to negotiate how they will report the resolution.  You want them to agree to remove any negative information (either in exchange for payment or because of a mistake).  Failing that, you want them to mark it paid in full or satisfied in full; letting them notate your score that you only partially paid is what you want to avoid, since it most signals someone with cash flow problems and credit issues.  They control their reporting to credit bureaus, so if the person on the phone demurs, ask to speak to their supervisor or someone with negotiating authority.  Try to get any agreements in writing. Remember that your total debt load is a factor in your credit score.  Home loans and student loans do affect credit score.  If you take on a smaller home loan, then it will affect your credit less harshly (and leave you with smaller monthly payments)."}
{"_id": "277479", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.npr.org/sections/goatsandsoda/2017/08/19/542436391/how-to-buy-a-goat-when-you-re-ultra-poor-join-a-merry-go-round) reduced by 94%. (I'm a bot) ***** &gt; Basic Income Experiment In Kenya Prompts A Boom In Savings Clubs : Goats and Soda Skeptics say if you hand cash to the impoverished, they&amp;#039;ll mismanage it.  &gt; For poor people in Kenya who don&amp;#039;t have access to banks and who worry about stowing their cash under a mattress, this type of rotating savings club is often the main way to accumulate money.  &gt; So even people who don&amp;#039;t have enough to eat properly are constantly setting aside teeny amounts through their savings clubs so as to build them into a larger chunk.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6uvgx6/basic_income_experiment_in_kenya_prompts_a_boom/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194986 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **people**^#1 **save**^#2 **Merry-go-round**^#3 **poor**^#4 **village**^#5\""}
{"_id": "277482", "title": "", "text": "At the time of writing, the Canadian dollar is worth roughly $0.75 U.S. Now, it's not possible for you to accurately predict what it'll be worth in, say, ten years. Maybe it'll be worth $0.50 U.S. Maybe $0.67. Maybe $1.00. Additionally, you can't know in advance if the Canadian economy will grow faster than the U.S., or slower, or by how much. Let's say you don't want to make a prediction. You just want to invest 50% of your money in Canadian stocks, 50% in U.S. Great. Do that, and don't worry about the current interest rates. Let's say that you do want to make a prediction. You are firmly of the belief that the Canadian dollar will be worth $1.00 U.S. dollar in approximately ten years. And furthermore, the Canadian economy and the U.S. economy will grow at roughly equal rates, in their local currencies. Great. You should put more of your money in Canadian stocks. Let's say that you want to make a prediction. The Canadian economy is tanking. It's going to be worth $0.67 or less in ten years. And on top of that, the U.S. economy is primed for growth. It's going to grow far faster than the Canadian economy. In that case, you want to invest mostly in U.S. stocks. Let's get more complicated. You think the Canadian dollar is going to recover, but boy, maple syrup futures are in trouble. The next decade is all about Micky Mouse. Now what should you do? Well, it depends on how fast the U.S. economy expands, compared to the currency difference. What should you do? I can't tell you that because I can't predict the future. What did I do? I bought 25% Canadian stocks, 25% U.S. stocks, 25% world stocks, and 25% Canadian bonds (roughly), back when the Canadian dollar was stronger. What am I doing now? Same thing. I don't know enough about the respective economies to judge. If I had a firm opinion, though, I'd certainly be happy to change my percentages a little. Not a lot, but a little."}
{"_id": "277491", "title": "", "text": "It's illegal and you can go to jail because it exploits the small companies and their investors who believe in the company."}
{"_id": "277498", "title": "", "text": "\"&gt; That is in large part do to insane healthcare costs passed on to the consumers by the aca. Healthcare spending has increased on average 1.5% annually since 2009 where as the highest growth in spending from 1991 until 2006 was 1.3%  Health Care costs have actually been on the rise for decades now. It was only \"\"noticed\"\" by the majority party (i.e. the GOP who had held the majority for 16 of the years prior to 2009) when the ACA was enacted. Suddenly, health care costs \"\"started\"\" to \"\"explode\"\". The truth is that health care costs have been on a steady rise. In the time period from 1972 to 1982, costs rose on [average 14% per year](https://www.thebalance.com/causes-of-rising-healthcare-costs-4064878). Keep in mind, this was prior to the expansion of Medicare. From 1983-1992 costs grew at a rate of 9% per year - 3 times faster than inflation. From 1993 to 2010, cost rose at a rate of 6.4% per year. The ACA of course was passed in 2009, but didn't start to take effect until 2011. Since 2010, health care costs has risen about 4% per year. That is a 2% drop in a short amount of time, compared to the previous years. However, the numbers are already so big, just like the national debt, that the GOP (who had as much part to play in the health care costs as they did in the debt) had tons of numbers they could use to make it seem like \"\"health care costs have exploded\"\".   In reality, what happened is that people who never had health insurance before were forced to get it, and started to realize how expensive it is when it actually covers what it was intended to cover - preventative care as well as emergent care. The GOP has been on a steady march to undermine the new law as much as possible since it passed, because it made some of their biggest donors (HMOs, and Health Care Insurance providers) uncomfortable the fact that they HAD to share their cost information, and that the health care exchange required them to do a line item by line item comparison with other companies out there.   So, here we are. The ACA is going to be cut, and millions of people are going back to be uninsured or underinsured. What you are going to see is the rate of costs growth start to increase again after decades of slowly decreasing rates. Why? Because of the renewed ability of insurance providers to hide the costs, to hide costs increases. It will also cause hospitals to greatly overcharge the uninsured, as they were doing before, but there will be many more of them. The goal being, that the uninsured are unlikely to pay for the (very large) medical bills. So, knowing this, hospitals artificially inflate the bill in the hopes of getting a larger portion of that unpaid bill liquidated through Medicare.   Uninsured populations also lead to more unhealthy people. You would think that not having health insurance would make people want to remain more healthy. However, studies show [the opposite to be true](http://www.slate.com/articles/business/the_dismal_science/2011/07/does_health_coverage_make_people_healthier.html). In actuality, people stress more about their health, and avoid periodic checkups. Both of which lead to bad health results.   Trying to blame the cost increases in health care on government \"\"meddling\"\", or say it is a problem brought on by the ACA is weird since there are [so many examples of government provided](https://www.forbes.com/sites/danmunro/2014/06/16/u-s-healthcare-ranked-dead-last-compared-to-10-other-countries/#175cf39e576f) health care programs out there which are so much more efficient, less costly, and have resulted in much healthier populations.   &gt; I dont have health insurance and an ER visit with xrays costs me less out of pocket than 90% of the country why is that?   I am going to call BS. Number one, that is a huge claim to make without supporting evidence. Number two, you would have to demonstrate how much that same visit would cost to those *with* health insurance.   &gt; Do you think it has to do with the fact that with the aca hospitals know they are getting paid with 0 questioning on pricing so charge whatever they want and with me they think \"\"shit this guy might not ever pay us lets just give him a decent price and get some money from him because all we can do is send his bill to collections\"\"   Actually, no. The [exact *opposite* happens](http://www.alternet.org/story/16466/why_hospitals_overcharge_the_uninsured). They now, because you are uninsured, that you are unlikely to pay. So they *overcharge* you for the same services because they know that they will only be reimbursed a percentage of the costs if it goes to Medicare for non-payment.   &gt; The swiss do everything better,  You keep referring back to Switzerland. Don't get me wrong, they are a very good country, and have the number 2 ranked health care system in the world. However, I don't think they are the low tax haven that you think they are. They have an [average corporate tax rate of 17.2%](https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates), whereas the US has it at 32%. Their highest income tax bracket is 13.2, whereas the US is at 39%. Their sales tax goes at high as 8%, where ours go as high as 11%. Their [average effective tax](http://www.economist.com/node/14340551) rate is around 11%, while ours is around 18%. Including Social Security puts Switzerland at 17%, and the US at 24%.   So, they are definitely a lower tax rate country, but in no way are they a no tax rate country. Then again, Switzerland has no military to speak of, while the US spends more on military then the next 7 countries put together.   &gt; This is the dumbest statement youve made this entire time.   I have been very patient. I have stuck with this conversation, in spite of the put downs and snide remarks. I have jabbed a little too, but you can go back to most of my remarks and see that I have been more congenial. I have given you some leeway because of your age, and I am almost twice as old as you.   So, you gave me your background. I will give you mine. I am closer to 50 then I would prefer. I left the house at 17, enlisted in the Navy, and spent the next 15 years serving in the military. I ended my career in a select community. I have been out for ten years this July. I am now owner of a company that does R&amp;D and works with the government. A lot of my knowledge about inventions, and how commercial works with government comes from my own personal experiences. I have seen the best, and worst, of government - as well as seen the same on the commercial side of the house. Anyone comes to this game with the presupposition that government can't get anything done as well as commercial quickly learns that is not true. Likeways, anyone comes thinking that commercial equals efficient learns *that* is not always true too.   &gt; Take apple for instance where is all the government funding they recieved to be one of the most innovative companies in human history or microsoft?  As I said previously, that you thought was a \"\"dumb\"\" comment - commercial is very good at taking existing systems and finding ways to make them efficient and better. Apple and Microsoft is the same. They both made their mark in history by expanding on and creating innovation with existing technologies that had their foundation in government R&amp;D projects - including the [digital computer](https://en.wikipedia.org/wiki/John_Vincent_Atanasoff), as well as computers like the [ENIAC and the UNIVAC](https://www.computerhope.com/issues/ch000984.htm), and the advancements into [microsecond multitasking](https://arstechnica.com/tech-policy/2011/06/did-ibm-invent-the-personal-computer-answer-no/) which lead to the first efficient and cost effective personal computers. The touchscreen was actually first invented in by [engineers at CERN](https://en.wikipedia.org/wiki/Touchscreen#History). And of course, we know that the [internet started as a government funded project called ARPANET](http://www.history.com/news/ask-history/who-invented-the-internet).   I think you would be surprised how much many if not most of the things we take for granted today have a foundation in government funded R&amp;D. My company is a commercial company, and we do a great job creating our own products and innovation. And yet still, our best selling product is a design of a national laboratory that we license from them. Commercial industry is great at manufacturing and producing, something the government is not as good at, and so often they will license out designs for production to companies like ours. Some of the biggest commercial companies out there do the same.\""}
{"_id": "277500", "title": "", "text": "You definitely used to be able to (see this BBC article from 2006), and I would imagine that you still can, although I also imagine that it would be more difficult than it used to be, as with all mortgages. EDIT: And here's an article from last year about Chinese banks targeting the UK mortgage market."}
{"_id": "277513", "title": "", "text": "A fully automated website that literally does the selling for you.  Receive money daily paid directly to you PayPal account!  100% commissions from one incredible package... for just $6.99!  No Web Hosting Or Domain Fees!!   For all the details, visit website at:  http://victor699.beep.com/"}
{"_id": "277529", "title": "", "text": "\"If you think about it, it's really all one big pot of money.  The idea behind an \"\"emergency fund\"\" is that you want to make sure your financial life has stability: it's not going to be suddenly driven into the red, below $0.  As long as that doesn't happen, you can figure out how to live your life as you want. The reason we separate out an \"\"emergency fund\"\" is to simplify decision making.  In theory, every single purchase you make should include a consideration of how it destabilizes you.  Every $100 you spend on groceries is $100 you won't be able to bring to bear if you get fired or have a major accident.  In practice, this would be a crippling way of thinking about things.  You don't know what emergencies can hit you, nor when they will hit.  That's why they're \"\"emergencies.\"\"  If you had to think about them all the time, it'd be horrible!  You would end up simply not thinking about it (like most people), and then the emergency hits when you don't have enough cash to stay solvent. The purpose of an \"\"emergency fund\"\" is to help make these decisions easier.  If you have money set aside for \"\"emergencies\"\" that you only have to think about every now and then, you can make the decisions in the rest of your financial life without too much concern for them.  You don't have to worry about that $100 in groceries because you are confident that if an emergency hits, that $100 won't be the straw that broke the camel's back because you have reserves to draw on. So you should define an \"\"emergency fund\"\" in a way which is most helpful for you to remain stable and solvent without having to fret about it too much.  For most people, the criteria for tapping that fund is very high, because the goal is to not have to think about it all that much.  If you wanted to, you could feel free to lump those \"\"medium predictability\"\" items into the emergency fund, but it just means you have to spend more time and effort thinking about the state of the fund.  Every medium predictability purchase has to come with the thought process \"\"what is the state of the emergency fund? Could this purchase meaningfully destabilize my ability to handle emergencies?\"\"  Your emergency fund might yo-yo under these extra purchases, which could force you to think about the state of your emergency fund for normal purchases.  That'd be bad. Different people might want to think about things different ways.  I'm a big-picture guy, so I prefer to think about all of my assets as one big account when I make a lot of my decisions.  My wife, on the other hand, prefers not to have to think that way when she makes her purchases.  For her, having a very discrete \"\"emergency fund\"\" has great value.  For me, it has less.  So when I look at the finances, I choose to lump the emergency funds in with, say, the funds to re-do our backyard (something we are looking at doing over the next 2-5 years).  For me, that is the most natural way to deal with analyzing the risks -- I just have to be aware of how backyard purchases interact with our safety net.  My wife prefers to keep those funds separate in her head, so that she can look at how to spend money on the backyard without thinking about how it affects our emergency readiness.  While complicated, it shows that even within a household, it's possible to think about emergency funding two different ways.  (it causes minimal headaches, though a fair bit of book-keeping) So define \"\"emergency fund\"\" however suits you and your life best.  However, practically speaking, most people find it desirable to not put those medium predictability purchases into the same bucket as emergencies.  Those that do find it desirable to put them in the same bucket typically have a personal reason for why that suits their needs better.\""}
{"_id": "277544", "title": "", "text": "I currently use Moneydance on my Mac.  Before that I had used Quicken on a PC until version 2007. It is pretty good, does most simple investment stuff just fine. It can automatically download prices for regular stocks.  Mutual funds I have to input by hand."}
{"_id": "277548", "title": "", "text": "\"Personally I would have a hard time \"\"locking up\"\" the money for that very little return.  I would probably rather earn no interest in favor of the liquidity. However, you should find out what the early removal penalties are.  If those are minimal and you are very confident that you will not need the money over the term period then its definitely better to earn something rather than nothing. If inflation is negative you aren't out as much not getting any interest as you would be normally. Consider that in 2014 US inflation was 0.8%.  Online liquid savings accounts pay about 1%.  so that's only .2% positive.  In comparison at -.4% you are better off with no interest than a US person putting their money in a paying savings account.  Keep in mind though that inflation can change month to month so just because June was negative doesn't mean the year will be that way. Not sure your ability to invest in the US market or what stable dividend payers may exist in Sweden.... You said you are risk averse, but it may be worth it to find a stable dividend paying fund.  I like one called PFF, it pays a monthly dividend of 6% and over 5 years stock price is very stable.  Of course this is quite a significant jump in risk because you can lose money if markets tank (PFF is down over 10 years quite a bit).  Maybe splitting up the money and diversifying?\""}
{"_id": "277549", "title": "", "text": "I once had worked for Koch Industries. I attended a meeting in which Charles Koch said 'do well so that you can do good'. I like that philosophy. It means make money (even if it is from 'bad' companies) so that you have the means (money) to do good things for others. Bill Gates has made money and is now trying to do good with it.  You have better control of how your money is used if you manage it yourself. If you let some faceless company manage it you are never quite sure that they are really helping others."}
{"_id": "277556", "title": "", "text": "I get where you're coming from, but wouldn't it make your life easier to post the salary range you're looking for so that you don't have to waste your time interviewing those who believe they're worth more?  Having a stack of resumes means nothing if 60-70% of that stack would never consider working for the salary you have in mind for the job you're looking for."}
{"_id": "277563", "title": "", "text": "\"Let's say you bank with Ally bank - one of the largest online banks in the US. First, find out what your daily purchase limit is on your debit card, for Ally bank it is $5000, but you can call them and request a one-time extension. Then:  You walk into a bank, any bank or credit union; you don\u2019t need an   account there. You tell the teller: \u201cI\u2019d like to take a cash advance against my Visa card.\u201d (or   MasterCard, if your debit card is a MasterCard)\"\" Don\u2019t mention it\u2019s a debit card. You will only confuse them. As long   as the card carries a Visa or MasterCard logo, they will do it the   same way whether it\u2019s credit or debit. They will ask for your ID. Then   they will run your card on a terminal. It\u2019s very similar to how you   swipe your card when you buy something at a store. You sign the slip   before they give you the cash. You can think of a cash advance as buying cash.\""}
{"_id": "277572", "title": "", "text": "You\u2019re using logic, reason, optimism, and wishful thinking. I\u2019m using cynicism.   In New Orleans, we were not allowed to sue the clearly-at-fault, criminal, negligent, lying, guilty-A-F, corps of engineers nor even their fraudulent or incompetent sub contractors that built shoddy levees because \u201cimmunity.\u201d  \u201cGrouping together\u201d is greatly discouraged by the status quo.  I hope I\u2019m wrong. I do."}
{"_id": "277579", "title": "", "text": "Generally speaking.  1. Take the position size / average daily volume.  2. Multiply that number by 10 or whatever 1/whatever % of volume you think you can execute, ( you can at best acct for 10 percent of traded volume on a day).  3. You now have days until liquidation (x)  4. Take the days until liquidation sample the return over  time x. I.e. if days until liquidation is 10, you would sample 10 day returns.  5. Calculate the distribution characteristics of this window (mean, var, skew, kurt) and calculate VaR based on some confidence.  You can now have a liquidity risk expected loss and a VaR.  If position is on margin don't forget to add the interest cost.  Note: Instead of taking 10 day return, you can take the 10 day VWAP and calculate return between Open and 10 day vwap."}
{"_id": "277581", "title": "", "text": "A 529 plan! The savings can only be used for education purposes, but you can use them for ANYONE and even change the beneficiary.  Distributions are tax free, and contributions are usually state tax free."}
{"_id": "277583", "title": "", "text": "Good tax people are expensive. If you are comfortable with numbers and computers, you can do it better yourself."}
{"_id": "277590", "title": "", "text": "\"I also feel it's important to NOT get a credit card. I'm in my mid 30's and have had credit cards since I was 20, as has everyone I know. Every single one of those people, with the exception of my dad, is currently carrying some amount of credit card debt - almost always in the thousands of dollars.  Here is the essential problem with credit cards. Everyone sets out with good intentions, to use the credit card like a debit card, and pay charges off before interest accrues. However, almost no-one has the discipline to remember to do this, and a balance quickly builds up on the card. Also, it's extremely easy to prioritize other bill payments before credit card payments, resulting in a balance building up on the card.  It's almost magical how quickly a balance will build up on a credit card. Ultimately, they are simply too convenient, too tempting for most human beings. The world, and especially the North American world, is in a massive debt crisis. It is very easy to borrow money these days, and our culture is at the point where \"\"buy now pay later\"\" is an accepted practice.  Now that I have young children, I will be teaching them the golden rule of \"\"don't buy something until you have cash to pay for it in full!\"\" It sounds like an over simplification but this one rule will save you an incredible amount of financial grief over time.\""}
{"_id": "277603", "title": "", "text": "This situation is exactly why we have the concept of legal tender. Legal tender is a form of payment that must be accepted to settle a debt. Your friend is entitled to insist on paying the rent in cash \u2014 accepting any other form of payment is at the landlord\u2019s discretion."}
{"_id": "277607", "title": "", "text": "In general, things to look for are: Things to look out for: I'd recommend two places: I'd recommend reading up on HSA's in this related question here."}
{"_id": "277645", "title": "", "text": "If the company is non-public, your hands are tied. Most startups have a Stock Option Plan with specific rules on the shares. In almost all cases, they have a Transferability clause preventing transfers of options and shares unless approved by the company (who would almost always say no). Additionally, they usually have a Right of First Refusal (ROFR), which states that if shares are going to be transferred, the company gets the chance to buy it first. In your case, the company may argue your friend would sell you the shares for free and the company would exercise their ROFR and buy back the shares for free. There is not much you can do in this case. You may be able to write up a contract between your friend and you, but it would be costly and possibly not worth the effort. You may be better off asking for a lump sum or some other sort of compensation. Additionally, your friend might want to be careful with this idea. You could potentially gain access to sensitive company tools/documents which could get them in a lot of trouble."}
{"_id": "277664", "title": "", "text": "\"If I were you I would pay off these loans today. Here are the reasons why I would do this: Car Loan For car loans in particular, it's much better to not pay interest on a loan since cars lose value over time. So the longer you hold the debt, the more you end up paying in interest as the car continues to lose value. This is really the opposite of what you want to do in order to build wealth, which is to acquire assets that gain value over time.  I would also recommend that once you pay the loan, that you set aside the payment you used to make on the loan as savings for your next car. That way, you will be able to pay cash for your next car, avoiding thousands of dollars of interest. You will also be able to negotiate a better price by paying cash. Just by doing this you will be able to either afford to buy a nicer car with the same amount of money, or to put the extra money toward something else. Student Loan For the student loan, 3% is a very low rate historically. However, the reason I would still pay these off is that the \"\"return\"\" you are getting by doing so is completely risk free. You can't often get this type of return from a risk-free investment instrument, and putting money in the stock market carries risk. So to me, this is an \"\"easy\"\" way to get a guaranteed return on your money. The only reason I might not pay this down immediately is if you have any other debt at a rate higher than 3%. General Reasons to Get out of Debt Overall, one of the basic functions of lifetime financial planning is to convert income into assets that produce cash flow. This is the reason that you save for retirement and a house, so that when your income ends when you're older these assets will produce cash, or in the case of the house, that you will no longer have to make rent payments. Similarly, paying off these debts creates cash flow, as you no longer have to make these payments. It also reduces your overall financial risk, as you'd need less money to live on if you lost your job or had a similar emergency (you can probably reduce your emergency fund a bit too). Discharging these loans will also improve your debt-to-income ratio if you are thinking of buying a house soon. I wonder whether as someone who's responsible with money, the prospect of cutting two large checks feels like \"\"big spending\"\" to you, even though it's really a prudent thing to do and will save you money. However, if you do pay these off, I don't think you'll regret it.\""}
{"_id": "277666", "title": "", "text": "\"Inflation and stock returns are completely different things The CPI tracks the changes in the prices of a basket of goods a consumer might buy, the S&P 500 tracks the returns earned by investors in the equity of large companies.  The two are very different things, and not closely linked. Example: A world without inflation Consider a world in which there was no inflation.  Prices are fixed.  Should stocks return zero?  Certainly not.  Companies take raw materials and produce goods and services that have value greater than that of the raw materials.  They create new wealth.  This wealth becomes profit for the company, which then is passed on to the owners of the company (equityholders) either in the form of dividends or, more commonly, price increases. Example: A world with no inflation and no economic growth Note that I have not implied above that companies have to grow in order for returns to outperform inflation.  Total stock returns depend on the current and expected profit of the firm.  Firms can remain the same size and continually kick out profits.  Total returns will be positive in this environment even if there is no growth and no inflation.  If the firms pay the money out as dividends, investors get a cash flow.  If they retain these earnings, the value of the firm's equity increases.  Total returns take both types of income into account.  Technically the S&P 500 is not a total return index, but in our current legal and corporate culture environment, there is a preference for retaining profits rather than paying them out.  This causes price increases. Risk bearing In principle, if profit was assured, then investors would bid up stock prices so high that profit would have to compete with the risk-free rate, which often is close to inflation (like, right now).  However, profit is not assured.  Firm profit swings around over time and constitutes a significant source of risk.  We can think of the owners of the firm as being the bondholders and equityholders.  These assets are structured such that almost all the profit risk is born by equityholders.  We can therefore think of equityholders as being compensated for bearing the risk that would otherwise  be born by bondholders.  Because equityholders are bearing risk, stock prices must be low enough that stocks have a positive expected return (above the risk-free rate, which is presumably not significantly below inflation).  This is true for the same reason that insurance premiums are positive--people have to be compensated for bearing risk. See my answer to this question for a discussion of why risk means we should expect stock prices to increase indefinitely (even if inflation halts). The S&P is not a measure of firm size or value The S&P measures the return earned by investors, not the size of US companies.  True, if constituent companies grow and nothing else changes, the index goes up, but if a company shrinks a lot, it gets dropped out, rather than dragging the index down. By the way, please note that dollars \"\"put into\"\" equities are not stuck somewhere.  They are passed on to the seller, who then uses it to buy something (even if this is a new equity issuance and the seller is the firm itself).  The logic that growth of firms somehow sucks money out of usage is incorrect.\""}
{"_id": "277688", "title": "", "text": "Vehicle Recovery Service in Galway  on the open road, nobody knows when something bad may happen. So, it is best to be prepared for any possible emergency to avoid being stranded in the middle of nowhere.  Keywords:  Vehicle Recovery Service in Galway, Vehicle Recovery Service, Vehicle Recovery, Car Recovery Service, Van Recovery Service, Road Recovery Service, Break down Recovery Service, Vehicle break down service, Wheel changes, Local car recovery service, Galway Vehicle recovery.  http://www.localbind.ie/galway-services/vehicle-recovery-service-in-galway/"}
{"_id": "277694", "title": "", "text": "\"Inherent or intrinsic value. (Aside from the term's use with regards to options markets)  Every time I tell someone I've invested in Bitcoin they tell me that it is silly because there is no inherent or intrinsic value in Bitcoin.  But what is the intrinsic value of paper with a federal seal on it? What is the intrinsic value of a component that could be, but doesn't have to be used in computer parts (gold)?   My favorite question of all to show the silliness of \"\"intrinsic value\"\" is to ask what is the intrinsic value of water?   To someone parched and dying of thirst in a desert I'm quite certain that, faced with death, they'd be willing to part with an appendage for the water, if anything to simply survive.  On the other hand, what is the value of water to someone drowning? I would think it actually has a quite negative value and they'd be more than happy to see the water gone, even going so far as to part with an appendage.  To make an argument that water has an intrinsic value is to say that the word \"\"value\"\" isn't subjective when it very clearly is, in both cases where water is needed and not wanted, one would feasibly be willing to pay a very extreme cost (the removal of an appendage) in order to both have or be rid of water.  All this said, it would appear that \"\"intrinsic value\"\" means \"\"I'm trying to make an objective point about a subjective value.\"\" Even if you were to try to make the case that water had some sort of baseline or average value with regards to supporting mankind and that *this* was \"\"intrinsic\"\", it would additionally be irrelevant, because the definition of supporting mankind is subjective. Do we just use just enough water to keep men and women alive across the world, without regards to health? Do we count children as half men? Do we count a non-active 50 year old female's water needs as highly as an active 16 year old male's? What about with regards to evaporation and condensation? We don't know the weather or climate changes in store, so in case of famine should we consider enough water to last 3 days, 3 weeks, or 3 years?  No, I'm afraid the only way to really consider what is the value of water is to drop this silly notion of intrinsic value and realize that water is worth merely what someone is willing to pay for it. And so, my argument would go, is Bitcoin.\""}
{"_id": "277714", "title": "", "text": "If the funds are deposited into a noninterest-bearing account, they will be covered by FDIC insurance regardless of the amount (However, this extended coverage may not be valid after Dec. 31, 2012): On November 9, 2010, the FDIC issued a Final Rule implementing section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act that provides for unlimited insurance coverage of noninterest-bearing transaction accounts. Beginning December 31, 2010, through December 31, 2012, all noninterest-bearing transaction accounts are fully insured, regardless of the balance of the account, at all FDIC-insured institutions.   (Source: http://www.fdic.gov/deposit/deposits/changes.html)"}
{"_id": "277721", "title": "", "text": "I'm currently a senior finance student in Pittsburgh graduating in May. I get pretty good grades (3.2) and have had a few internships. I've recently decided I want to go to grad school as soon as possible, but am unsure of the next steps in my process. Could someone point me in the right direction?"}
{"_id": "277724", "title": "", "text": "Laurel is pretty nice, and centrally located to both D.C. And Baltimore, you can be downtown in either in 30 minutes, and the MART train runs through it. This would be my choice. If you're working in Laurel you could easily live in downtown Baltimore if you prefer the more cosmopolitan life.  Germantown is western Maryland. More rural, cheap, conservative. Not bad though. It's a hike to get from there to anywhere though, it's pretty remote.   Temple Hills is a D.C. suburb, and may be on the expensive side, but is pretty nice."}
{"_id": "277734", "title": "", "text": "https://www.hussmanfunds.com/wmc/wmc171009m.png  &gt;The following charts will provide a sense of where the U.S. equity market currently stands. The first chart shows our margin-adjusted CAPE, which as noted above has a correlation of about -0.89 with actual subsequent market returns across U.S. market cycles since the 1920\u2019s.  https://www.hussmanfunds.com/wmc/wmc171009.htm  It will turn, downside potential is historic."}
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{"_id": "277760", "title": "", "text": "Shorts are difficult because you have to find someone to lend the stock to you. In contrast, put options don't require that. They also have some nice properties like you're only out the contract price. The options chain for BSFT will give you an idea of where the market is.  Keep in mind that BSFT only IPO'd last year and announced blowout earnings recently. Make sure the P:E you're looking at is using recent earnings reports!"}
{"_id": "277766", "title": "", "text": "\"Capitalism doesn't have an overall goal for society or the economy. It's simply a description of the behaviour of an economy given certain legal constraints, some market conditions, and the assumption that participants behave in their own interest. It's a descriptive system, as opposed to a proscriptive system such as communism - which, btw, might well agree with your \"\"should\"\" statement.\""}
{"_id": "277780", "title": "", "text": "\"You don't think rent, gas, and utilities would go up? Seems like you're trying to suggest that this person is ignoring factors while completely ignoring the interconnectedness of our society.   If minimum wage jumps to $15/hr, suddenly minimum wage workers can afford to live in places that only people who could make $15/hr could live in. Now those areas are overflowing with potential tennants and the people that own the buildings realize that they can charge more. Suddenly, rent goes up. People living at those places go, \"\"hey, if a burger flipper makes $15/hr, there's no reason for me to keep busting my ass at this rate! I'm gonna ask for a raise too!\"\", so now anyone working for the gas company also wants a proportional raise, driving up the price of gas, etc. etc. etc.  \"\"Oh, well, we'll just do it incrementally over time and that will fix it\"\"  Sure...\""}
{"_id": "277782", "title": "", "text": "That's a place you can't just buy one house you must buy a few blocks and develop it to change the way things are there! Heck they have 5 dollar houses  in those parts with homeless and all scrap metal taken out of them heck of a place."}
{"_id": "277791", "title": "", "text": "\"While that's possible, there is no guarantee.  The ultimate thing causing the \"\"scare\"\" was a loss of jobs due to outsourcing.  I know we associate it with the housing bubble.  But really we moved to housing from dot-com, and we moved to dot-com from real manufacturing and production.  These more recent bubbles were ways of \"\"making up\"\" for the lost of manufacturing jobs.  Manufacturing jobs left (I'm going to focus on the US) the US because it was cheaper in other countries.  Now, once debt is largely payed off, people will likely be willing to accept lower pay, making production in the US cheaper.  However, we still have environmental regulations and basic labor laws. Further, initial education to enter the job market brings about massive debt as well.  This is pure speculation, but what I think will happen is collapse of the \"\"education bubble\"\".  People will lose faith in college degrees and start working as contractors, plumbers, mechanics, etc.  This will generate a direct wealth, but it will also severely hurt our ability to innovate due to the resulting \"\"brain drain\"\".  Multiple educational facilities will close down or contract, and some private schools will convert to public to stay afloat.  Many jobs will also be lost.    The resulting outflow of academicians will stimulate the development of new start-ups in online education and smaller institutes.  This will lead to cheaper education with more \"\"certifications\"\" over \"\"degrees\"\".  This will also lead to more start-ups in direct production of goods.    I'm thinking this process will take another 5-7 years or so.  Again, this is just wild-ass guessing on my side based on observed trends.\""}
{"_id": "277802", "title": "", "text": "It's ok if you haven't fleshed out the ideas yet. It's partially why I'm asking questions.  Something you said seemed incorrect and it's better to verify than assume.  I'll check out Friedman's video when I have time, though I've read up on him a bit and find some of his theories hold up and some don't. Can't be specific ATM though."}
{"_id": "277806", "title": "", "text": "I think it's very interesting to see these concepts play out (albeit simply) in an economy with a complete data set (as opposed to the never-perfect data we have about real systems). I'm also impressed that Valve hired an economist to help manage their economies, although I guess I shouldn't be surprised."}
{"_id": "277810", "title": "", "text": "A self-directed IRA could be a good solution for you and all IRAs are qualified IRAs the administrator must allow for alternative assets. However, if you're looking to do the ROBS (Roll Over Business Start-up) system, there are not very many administrators that can facilitate that. There is also a checkbook IRA (aka single member LLC) that more administrators are able to work with, but the rules are different from a ROBS plan. Check with your financial adviser, CPA, tax guru and ask which method would work best for what you're looking to accomplish."}
{"_id": "277812", "title": "", "text": "There are many different types of 1099 forms. Since you are comparing it to a W-2, I'm assuming you are talking about a 1099-MISC form.  Independent contractor income If you are a worker earning a salary or wage, your employer reports   your annual earnings at year-end on Form W-2. However, if you are an   independent contractor or self-employed you will receive a Form   1099-MISC from each client that pays you at least $600 during the tax   year. For example, if you are a freelance writer, consultant or   artist, you hire yourself out to individuals or companies on a   contract basis. The income you receive from each job you take should   be reported to you on Form 1099-MISC. When you prepare your tax   return, the IRS requires you to report all of this income and pay   income tax on it. So even if you receive a 1099-MISC form, you are required to pay taxes on it."}
{"_id": "277815", "title": "", "text": "You have a few options and sometimes challenges help us improve our situation. First, you can not borrow to buy a car.  Reducing the massive depreciation that cars undergo will help you be wealthier.  It is hard to find a good use car that you can buy for cash, but it will play out best for your finances in the long run. If your heart is set on borrowing, I would encourage you to go to the bank/credit union where you have your checking account.  They will see your history of deposits and may grant you a loan based on that.  Also you are likely to get a better deal from the bank than from the car dealer. Thirdly, you can simply go to your employer's HR department and ask them.  Surely someone has applied for a loan during the company's history.  What did they do for them?"}
{"_id": "277820", "title": "", "text": "What city are you in?            &gt;  I got a call for contract work and it only lasted two weeks.       This can happen.  Sometimes contracts don't work out.        &gt;  With that contract I was finally getting paid what I was getting paid at my last permanent position, but again I did not receive the same benefits as a full time employee. That contract let me go after 18 months due to policy that they couldn't string contractors along.      This is very common.  Unfortunately due to a court case involving Microsoft contractors 25-30 years ago, many firms limit contracts to a hard stop at 18 months - 2 years.   Not all firms have this policy.        I am interested what city you are in.  My career has taken me throughout flyover country, and finding 6 figure contracts has always been reasonably achievable.  Most cities appeared to have a shortage of workers with 5+ years experience in most specializations.       Fellow IT contractors have felt that IT unemployment insurance is $45 per hour jobs where you compete with H1B body shops, since those almost never get filled.  It sounds like you are in an economically depressed area."}
{"_id": "277827", "title": "", "text": "This is largely dependent on your overall investment goals. GIC's provide protection of the invested capital and a guaranteed return at the end of the term. However, in real terms, 1.4% over 18 months results in a loss of capital in real terms. This is because inflation in Canada is just about at or higher than 1.4% per year. In other words, at best, you are equalling inflation and gaining nothing in those 18 months. If their typical rate is 1.2% over 12 months, you are only gaining an additional 0.2% for the additional 6 months. You know as well as I do, 0.2% for 6 months is abysmal. If you have no use for the money in the medium to long term, you should look in to an index fund that is balanced, and diversified and more likely to get you a higher real return over the time period of a few years. Look in to: If you want to preserve the capital over the short term because you might need it after the 18 months period, the GIC is the safer and recommended option."}
{"_id": "277835", "title": "", "text": "Because once those enhancements take off, I think it will rather quickly (in historical time) reach a point where it's simply not worth it, for the same reason we no longer bother dominating horses except as a hobby."}
{"_id": "277839", "title": "", "text": "The main point of college is alumni network, with all the useful future career-related connections. Dating/marriage is a big thing, too. Think of college as a big career fair / singles party.   Learning is only important when you go into non-bullshit fields like  science/engineering, but then you probably need labs... you have to be there in person."}
{"_id": "277855", "title": "", "text": "What type of credit card should I be looking in to to build credit from scratch? I have a stable job and will be able to pay back debts right away I just don't want to get into something and then regret it in the future."}
{"_id": "277857", "title": "", "text": "\"USPS doesn't receive any taxpayer money.  Not entirely true:  http://usgovinfo.about.com/od/consumerawareness/a/uspsabout.htm  \"\"The USPS does get some taxpayer support. Around $96 million is budgeted annually by Congress for the \"\"Postal Service Fund.\"\"\"\"  Even so, they obviously don't know how to manage money efficiently.  A few years ago, the usps web apis went down for 3+ weeks.  If this happened to a non-government organization, they probably would have gone out of business.  Here is an interesting article about medicare:  http://www.smartmoney.com/retirement/planning/how-to-treat-medicares-problems--and-yours-1306871486889/  an excerpt: \"\"Medicare will start running out of money in 2024\"\"  My point still stands.  I don't trust any government to run a service that my life will ultimately depend on when they can't even manage simple services without running out of money.  Have you ever been a part of a government-run organization?  They get an allotted amount of money to use per year.  If it's not used, guess what happens?  They get less money the next year.  So the logical conclusion for most of these organizations is to spend all of the money they get, even if it's wasteful.   Everyone on the left seems to want to increase taxes, but there's absolutely no thought put into accountability.  This is why to me, it feels like stealing.\""}
{"_id": "277860", "title": "", "text": "\"**diversificering er om tilf\u00f8jelse af indtjening og v\u00e6rdi til din eksisterende virksomhed - f\u00e5 mest muligt ud af dine aktiver, skriver Stephen Rudd. Hvad skal du overveje, n\u00e5r du opretter et nyt projekt?**  **Projektvurdering**  \u2022 [markedsunders\u00f8gelser](http://www.fwi.co.uk/articles/17/08/2014/146099/practical-and-tax-tips-for-farm-diversifications.htm) er v\u00e6sentlige for at forst\u00e5 projektet, konkurrence, rentabilitet og likviditet.  \u2022 Pas p\u00e5 ikke at undervurdere den tid og ressource, der er n\u00f8dvendig for at f\u00e5 tingene - det kan v\u00e6re et dr\u00e6n p\u00e5 core business.  **Indkomst betragtninger**  \u2022 f\u00f8jes til en eksisterende virksomhed med succes kan f\u00f8re dig direkte til h\u00f8jere indkomstskat, s\u00e5 overvej om det nye joint venture skal v\u00e6re en del af den eksisterende virksomhed eller separat.  \u2022 Selskaber betaler skat til lavere priser end enkeltpersoner og potentielt giver mere fleksibilitet, n\u00e5r overskuddet er der. De kan ogs\u00e5 beskytte den eksisterende forretning mod risikoen fra business fiasko, hvis det g\u00e5r galt.  \u2022 Er alle familiemedlemmer med deres grundl\u00e6ggende sats banderolerne - hvis ikke, kan de inddrages i det nye selskab?  \u2022 Nogle former for virksomheder vil v\u00e6re tabsgivende tidligt i \u00e5r - dette kan v\u00e6re en ulempe for den nye forretning er ikke en del af den eksisterende forretning, som tab kan det v\u00e6re n\u00f8dvendigt at finde frem til nye venture forvandler en fortjeneste. Hvis det er en del af en eksisterende virksomhed, er det sandsynligt, at tabene i et omr\u00e5de kan modregnes i indkomst fra et andet.  **Moms**  \u2022 er en indt\u00e6gtskilde momsfritagelse? Hvis ja, kan det have en indvirkning p\u00e5 moms opsving og hvad er kendt som den delvise fritagelse beregningen for den prim\u00e6re virksomhed. Kort sagt, det kan betyde mindre moms er regenereret end ellers.  \u2022 Hvis den nye virksomhed er en afgiftspligtig levering - for eksempel afgifter moms p\u00e5 det forsyner - det g\u00f8r den konkurrencedygtig? F. eks. B&amp;B indkomst er levering af indkvartering og forplejning og hvis aggregerede med en main (momsregistreret) virksomhed, vil det v\u00e6re n\u00f8dt til at opkr\u00e6ve 20% moms. Forskellige virksomhedsejere til virksomheden kan hj\u00e6lpe, men pas p\u00e5 HMRC \"\"opdeling\"\" regler, der skal forhindre kunstige opdeling af virksomheder.  **Kapital og finansiering**  \u2022 Helt nye ventures kr\u00e6ver driftskapital. Hvordan vil det v\u00e6re forudsat - enten interne familie l\u00e5n, eller ekstern finansiering via bank eller anden kilde - og hvad kan det g\u00f8re for resten af virksomheden?  \u2022 En separat bankkonto m ay blive behov for nye forretninger, hvis med en anden ejer. Det er under alle omst\u00e6ndigheder altid god husholdning til at holde transaktioner separat og transparent, ikke kun fordi det kan v\u00e6re et krav, men ogs\u00e5 for at det nye joint venture og dets bidrag kan en omkostningsvurdering og overv\u00e5ges.  **Aktivering af n\u00e6ste generation**  \u2022 er dette et projekt for at f\u00e5 n\u00e6ste generation driver? Det kan give stor erfaring og selvst\u00e6ndighed, igen at g\u00f8re brug af basissatsen bands.  \u2022 Adskillelse mellem virksomheder kan ogs\u00e5 v\u00e6re nyttig for generationsskifteplanl\u00e6gning, is\u00e6r hvor den n\u00e6ste generation har forskellige interesser eller karriere retninger.\""}
{"_id": "277874", "title": "", "text": "2 billion is a drop in the bucket compared to other government costs. We spent 400 billion on  a fighter jet that cant fly at night or in clouds. I would gladly take 200 years of postal service over military waste."}
{"_id": "277900", "title": "", "text": "Image Wizards is your source for dye sublimation printing. Choose the high quality Aluminum Metal Prints can last for a long time. Company Name: Image Wizards Address:  Image Wizards, LLC                   105 Rogers Road Lexington,                   NC 27292                   US  Phone: 336.283.8679 Email: info@imagewizards.com  Webiste: https://www.imagewizards.com/"}
{"_id": "277915", "title": "", "text": "First of all, it's pretty rare that would cash out your entire Traditional IRA at once when you retire. That would incur major taxes and negate much of the tax deductibility benefit. Instead, you'd want to take distributions of just what you want to live on, which are taxed at income rates, and let the rest continue to grow tax free until you need/want it. As to your main question, if you don't expect to be in a lower tax bracket in retirement, then yes, Roth makes sense. But this is a pretty major assumption. When you're working, your salary pushes you into higher tax brackets. Once you're retired, you don't have as many sources of income. It could be mostly distributions from retirement accounts, and even coming from a Traditional IRA a lot of that will be tax free or taxed at a low rate (e.g. 15%). If when it was earned it would have been taxed at a higher marginal rate (e.g. 25%), then the Traditional IRA was a better choice than the Roth. Traditional versus Roth, if both are options to you (with deductibility for the Traditional), all comes down to tax rate now versus what you expect your tax rate to be in retirement. There is no universal answer."}
{"_id": "277924", "title": "", "text": "Why is that social irresponsibility? If the kids are being educated and take care of, then he SHOULD have that many kids. Society benefits from having such people around. If you're going to make some boilerplate overpopulation argument, you should read some books.  Edit: typo"}
{"_id": "277925", "title": "", "text": "\"I just bought supplies on Home Depot's website. About half of the items were not available in store, and could be shipped to my address for free. Yay! The other half I must pick up in store, or have \"\"rush delivered\"\" from the store for $60. Boo!\""}
{"_id": "277933", "title": "", "text": "Here's what you wanted to write:  The root cause is a corrupt federal government that's too far gone to even reform, which keeps the people who care about this issue the most from wasting their time using ineffectual methods to try to change things."}
{"_id": "277942", "title": "", "text": "Finally someone who I agree with! Think just how dexterous humans would be if we had hand feet. I'm incredibly confused as to how we got stuck with retarded looking mounds for feet in evolution! It seems like the clear loser to me"}
{"_id": "277945", "title": "", "text": "It is recommended that you put a new coat of paint on your home every few years. Are you worried that you won\u2019t be able to get that done properly, or do you lack the tools and training to do so? Our house painting services in Vancouver can help you to get the job done right, no matter how big or small your home may be. http://barwickpainting.com/residential/"}
{"_id": "277955", "title": "", "text": "So what, if anything, might this mean for those of us who still have those Countrywide mortgages?  BTW, my subprime mortgage is awesome. We rode out a bad year where the price shot up to $4,000/month. Today it's way down and we're paying only 2.5%."}
{"_id": "277960", "title": "", "text": "The basic theory is that if the price goes up, demand for the product will go down. The ancillary benefit is a public health one: less diabetes and health related issues from over consumption of sugars which leads to lower costs of health care for people who end up consuming less sugar and the overall population - this reduces insurance rates and so on and so forth. That is the theory."}
{"_id": "277964", "title": "", "text": "Like email and spam, fighting creditcard fraud is a cat and mouse game, with technology and processes constantly being developed to reduce fraud. The CVV on the back of the card is just one more layer of security.  Requiring the CVV generally requires you to physically have access to the card. CVV should not be stored by any merchant. This frustrates card skimming fraud as the CVV is not present in the track data and fraud caused by database compromises.  You should never use your PIN online. MC/VISA both have implementations of 3D-Secure (SecureCode for MC and Verified by VISA) which require a password / code to confirm card ownership. Depends on both Issuer and Merchant implementing the standard.  Regarding not needing a PIN at the airport, some low value transactions no longer need PINs, depending on the Issuer and Scheme (VISA/MC). MasterCard PayPass or VISA PayWave enable low value contactless transactions without PIN. In Australia, the maximum value for a contactless transactions is $100 AUD. At some merchants (McDonalds for example) a PIN is not required for for meals purchased with VISA (at least, for the cheeseburger I bought there as a test). This makes sense - if you don't need a PIN for a contactless purchase, why do you need it for a chip based purchase?  So - why allow PIN free transactions? On average customers report stolen credit cards / wallet very quickly and the losses are correspondingly small. As card issuers are always online, cards can be cancelled very quickly after being reported lost / stolen. Finally, by performing transactions for just a few cents or pennies, the merchant (Spotify) can likely validate you are the owner of the card as you'd need access to your online bank to confirm the transactions.  PayPal do this with bank account to confirm ownership. (Unless I've misunderstood your statement)."}
{"_id": "277971", "title": "", "text": "\"The downside of the store card is that the \"\"deal\"\" for using the card is typically 6-12 months of \"\"no payments\"\" or \"\"no interest\"\". In reality, the \"\"deal\"\" is deferred payments/interest. The problem is, if you miss any payment, or fail to pay the computer off in full, you'll have to pay for the accrued interest -- at a rate typically 25% or higher. That means if you buy your computer for $1,000, and pay $999 at the end of 12 months, you may have to pay $250 in accrued interest. These cards can be great deals, just be really careful!\""}
{"_id": "278008", "title": "", "text": "Someone who spends thousands of dollars and years of work getting a sustainable business degree doesn't do so because they are a corporate apologist. I absolutely did not say that the wrongs committed should be dismissed and made no attempts to absolve them for those sins.   All I'm saying is that for a subreddit dedicated to the discipline, you would think users would have a more nuanced approach to the topics and not see things in black and white. But that's clearly not the case with the majority of users here. Many people seem to be mistaking this subreddit with /r/greed.   As you said, there's no discourse here. And that's my only complaint, not that there's no forgiveness."}
{"_id": "278012", "title": "", "text": "\"Its more \"\"there could be a big market correction without vix going up\"\", though I suppose it might spike briefly if there's a sudden reversal. VIX is one of those things that doesn't feel like it is ever due for a change.\""}
{"_id": "278024", "title": "", "text": "\"I mean...we can all agree how weird the credit system is in general.    \"\"You pay your bills off early?  Don't worry, your credit score will go down\"\"  \"\"You hold onto debt as long as possible?  Great news, we will give you more credit\"\"    I can't even anymore\""}
{"_id": "278025", "title": "", "text": "\"First, I'm really sorry to hear about your mother. My wife was recently diagnosed with Stage 4 cancer, so I know that there is a possibility that your mind is in \"\"survival\"\" mode, trying to preserve as much as you can in the way of things that you can effect (that's how I've been feeling recently). Having a loved one with cancer is really tough because there is absolutely, positively nothing tangible that you can do to change the fact that they have cancer. You will have to ask yourself some questions: How important is it that your mom can stay in her house? Moving could add some unneeded stress. How may years have you been contributing to your 401k? If you have 30 years left, you could have enough time to recover some of your losses from reducing the amount of money you have given up for your mom. Will your mom be able to pay you back for paying the taxes over time, or would this be a 'gift'? Have her doctors told her that she \"\"... has N months left...\"\"? What is the next step after you are able to pay her taxes and save the house?  Someone close to me recently told me that \"\"There is no point in trying to save for someone for the future, if you can't sustain them until they get to that future. What will happen to your mom if she loses her house? Will it make it easier or harder for her to recover if she can stay? To paraphrase someone famous, \"\"you can't take a loan out for your retirement, but you could take a loan out for this event.\"\" At any rate, good luck. My thoughts are with you and your mother.\""}
{"_id": "278048", "title": "", "text": "Why would you reference Batman as pro-war propaganda? I feel like you haven't actually seen the movies.   As far as Hollywood being a cancer, again I feel like your connection to the process and the product are so far removed that you can't really accurately comment. Everyone should hate DRM. Because at its core it aknowledges that the consumer and the producer can't have an honest relationship when it comes to digital content. It's a flawed outlook and every **major** supplier that's gone against it has been successful. That doesn't mean the current system of getting stuff made is completely ass-backwards and a cancer on art. It's fun and easy to hate on the industry, but I know that if they didn't have such a strong filter what would be showing up on the Silverscreen would feel like you shoulda just stayed home, saved your $10, and watched Youtube clips of idiots. Their business practices are slow to change, but that's the nature of any billion dollar industry.   This is not meant to be an endorsement of SOPA or Protect IP, but I think we should all admit that while Hollywood is often full of shit shows, and recycled garbage it is a far better situation than if [this whiny bitch](http://www.youtube.com/watch?v=m9MA0eW8yyw) and his Youtube kin were given time on the Silverscreen.   I honestly don't care all that much about the legislation. I don't think the regulations it puts up will last more than 6 months before every professional internet privateer figures out a way around cobbled together idiotic legislation. Honestly, how many tech savy people exist in Washington?"}
{"_id": "278071", "title": "", "text": "\"I strongly suggest you look at CreditKarma and see how each aspect of what you are doing impacts your score. Here's my take - There's an anti-credit approach that many have which, to me, is over the top. \"\"Zero cards, zero credit\"\" feels to me like one step shy of \"\"off the grid.\"\" It's so far to the right that it actually is more of an effort than just playing the game a bit. You are depositing to the card frequently to do what you are doing. That takes time and effort. Why not just pay the bill in full each month, and just track purchases so you move the cash to the account in advance, whether that's physical or on paper?  In your case, it's the same as charging one item every few months to keep the card active. If that's what you'd like to do, that's fine. I'd just avoid having the card take up too much of your time and thought.  (Disclaimer - I've used and written about Credit Karma. I have no business relationship with them, my articles are to help readers, and not paid placement.) mhoran's response is in line with my thinking. His advice to use the card to build your score is what the zero-credit folk criticize as \"\"a great debt score.\"\" Nonsense. If you use debt wisely, you'll never pay interest (except for a mortgage, perhaps) and you may gain rewards with no cost to you.\""}
{"_id": "278073", "title": "", "text": "The 401K match has limits, but it is not taxable until you withdraw the money from the account. You can think of it as an initial lump of interest or gain.  When you leave the company you are allowed to keep it, if you are vested. You can then roll it over into a IRA, or another 401K. When you withdraw money in retirement you will pay taxes on the match and all the gains from the match. Taxes on what you contribute will depend on if it was pre-tax or post-tax, or if it was deposited into a Roth IRA. The amount you deposit pretax is noted on the W-2, which you attach to the 1040 form. The company match does not appear anywhere on the w-2 or 1040. It should show on your 401-K statements. Those statements should also tell you how much of the match has been vested."}
{"_id": "278077", "title": "", "text": "According to the IRS:  Aliens who are not eligible to apply for a U.S. social security   number, or who do not meet the Social Security Administration's   evidence requirements for an SSN, may apply for an Individual Taxpayer   Identification Numbers (ITIN) from the Internal Revenue Service if   they have a valid tax reason for needing an ITIN, as explained in the   Form W-7 instructions. Seeing as you don't have a valid tax reason for an ITIN, your request will probably be denied by the IRS."}
{"_id": "278082", "title": "", "text": "That seems to indicate that you can in fact depreciate a vehicle given   to you? Section 1015 discusses the calculation of basis for gifted property, it says nothing about depreciation. Personal property cannot be depreciated for tax purposes unless it is used for business purposes. So unless you drive your car as part of your sole-proprietor business, you cannot depreciate it, be it a gift or a car you purchased yourself. If you can depreciate the car, then sec. 1015 is used to calculate the basis for the depreciation."}
{"_id": "278089", "title": "", "text": "I had a car loan through GMAC and extra money was applied to future payments.   At one point, I received a statement telling me I had 15 months until my next payment was due because I had not marked extra payments as going to principal."}
{"_id": "278100", "title": "", "text": "Yes we do still get paid. When someone get's a burnout, they pay six weeks. There's a lot of pseudo-sickness anyway, and people living unhealthy lives and getting sick through that, so i wouldn't actually find the australian system a problem..although you only have to get really sick once to feel it hard.."}
{"_id": "278102", "title": "", "text": "\"I found the answer after some searching online. It turns out that when talking options, rarely is the current P/L line considered when talking about making adjustments/taking trades off. From Investopedia: http://www.investopedia.com/terms/b/breakevenpoint.asp \"\"... For options trading, the breakeven point is the market price that a stock must reach for an option buyer to avoid a loss if they exercise the option. For a call buyer, the breakeven point is the strike price plus the premium paid, while breakeven for a put position is the strike price minus the premium paid.\"\" The first sentence sounds more like the current P/L line, but the bold section clearly states the rule I was looking for. In the example posted in my question above, the breakpoints labeled with \"\"1\"\" would be the break points I should consider.\""}
{"_id": "278103", "title": "", "text": "I travel from NZ to the UK at least once a year and since the TSA became a thing I've gone the other way round the world. It's a shame as I'd like to travel round the US, but don't want to be treated as a criminal just because I choose to set foot on US territory.  Included in this are the horror stories of the poor bastards that are treated atrociously by border control, just it seems, because they can."}
{"_id": "278113", "title": "", "text": "Reading this made me think of [this](https://www.youtube.com/watch?v=-s1s5K52zEQ). I wish you luck if you consider yourself an authority on a subject you have practically no exposure to, but hey, what does a hiring manager know? I mean, you're about to start an internship, so obviously everyone should want to know your opinion on the future of the market."}
{"_id": "278122", "title": "", "text": "Your biggest concern will be what happens during the transition period. In the past when my employer made a switch there has been a lockout period where you couldn't move money between funds. Then over a weekend the money moved from investment company A to investment Company B. All the moves were mapped so that you knew which funds your money would be invested in, then staring Monday morning you could switch them if you didn't like the mapping. No money is lost because the transfer is actually done in $'s. Imagine both investment companies had the same S&P 500 fund, and that the transfer takes a week. If when the first accounts are closed the S&P500 fund has a share value of $100 your 10 hares account has a value of $1000. If the dividend/capital gains are distributed during that week; the price per share when the money arrives in the second investment company will now be $99. So that instead of 10 shares @ $100 you now will buy 10.101 shares @ $99. No money was lost. You want that lookout period to be small, and you want the number of days you are not invested in the market to be zero. The lockout limits your ability to make investment changes, if for instance the central bank raises rates. The number of days out of the market is important if during that period of time there is a big price increase, you wouldn't want to miss it. Of course the market could also go lower during that time."}
{"_id": "278151", "title": "", "text": "Ah . .you know sirry Amelicans feering jerous when brromberg start to plint petty news stoly.  It not China faurt you erect fucking moron as plesident, even secletly of state is sad  In China we have saying by gleat phlrosophel  Confucius say:  Secretary not permanent till screwed on desk"}
{"_id": "278168", "title": "", "text": "\"Several, actually: Maintenance costs. As landlord, you are liable for maintaining the basic systems of the dwelling - structure, electrical, plumbing, HVAC. On top of that, you typically also have to maintain anything that comes with the space, so if you're including appliances like a W/D or fridge, if they crap out you could spend a months' rent or more replacing them. You are also required to keep the property up to city codes as far as groundskeeping unless you specifically assign those responsibilities to your tenant (and in some states you are not allowed to do so, and in many cases renters expect groundskeeping to come out of their rent one way or the other). Failure to do these things can put you in danger of giving your tenant a free out on the lease contract, and even expose you to civil and criminal penalties if you're running a real slum. Escrow payments. The combination of property tax and homeowner's insurance usually doubles the monthly housing payment over principal and interest, and that's if you got a mortgage for 20% down. Also, because this is not your primary residence, it's ineligible for Homestead Act exemptions (where available; states like Texas are considering extending Homestead exemptions to landlords, with the expectation it will trickle down to renters), however mortgage interest and state taxes do count as \"\"rental expenses\"\" and can be deducted on Schedule C as ordinary business expenses offsetting revenues. Income tax. The money you make in rent on this property is taxable as self-employment income tax; you're effectively running a sole proprietorship real-estate management company, so not only does any profit (you are allowed to deduct maintenance and administrative costs from the rent revenues) get added to whatever you make in salary at your day job, you're also liable for the full employee and employer portions of Medicare/Medicaid/SS taxes. You are, however, also allowed to depreciate the property over its expected life and deduct depreciation; the life of a house is pretty long, and if you depreciate more than the house's actual loss of value, you take a huge hit if/when you sell because any amount of the sale price above the depreciated price of the house is a capital gain (though, it can work to your advantage by depreciating the maximum allowable to reduce ordinary income, then paying lower capital gains rates on the sale).  Legal costs. The rental agreement typically has to be drafted by a lawyer in order to avoid things that can cause the entire contract to be thrown out (though there are boilerplate contracts available from state landlords' associations). This will cost you a few hundred dollars up front and to update it every few years. It is deductible as an ordinary expense. Advertising. Putting up a \"\"For Rent\"\" sign out front is typically just the tip of the iceberg. Online and print ads, an ad agency, these things cost money. It's deductible as an ordinary expense. Add this all up and you may end up losing money in the first year you rent the property, when legal, advertising, initial maintenance/purchases to get the place tenant-ready, etc are first spent; deduct it properly and it'll save you some taxes, but you better have the nest egg to cover these things on top of everything your lender will expect you to bring to closing (assuming you don't have $100k+ lying around to buy the house in cash).\""}
{"_id": "278177", "title": "", "text": "\"Just like I've been banging on about around here: once the market realised his tax plan isn't coming, his great deregulation is either not coming or going to be smaller and not quite as stiff as it should be, the hot air will come out of this \"\"Trump bump\"\".   I'm not saying it's gonna be a big crash. But it's going to come back to reality and the market will realise that, just like most new presidents, he has limited ability to fuel a sustained stock market rally.\""}
{"_id": "278184", "title": "", "text": "Well, this is the relevant portion of the 14th amendment:  &gt; The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."}
{"_id": "278196", "title": "", "text": "The Euro is a common currency between various countries in Europe.  This means that individual countries give up their traditional sovereign control of their own currency, and cede that control to the EU. Such a system has many advantages, but it also means that individual countries cannot deal with their unique situations as easily.  For instance, if the US were a part of the EU, then the Fed couldn't issue $600B the way they are to bolster the economy. The danger to the Euro is that countries will withdraw their participation in order to micromanage their economies more effectively.  If a major country withdraws its participation, it could start a domino effect where many countries withdraw so that they too can manage their economies more effectively.  As more countries withdraw, a shared currency becomes less and less appealing."}
{"_id": "278197", "title": "", "text": "Diversity of risk is always a good idea.  The cheapest equity-based investment (in terms of management costs) is some form of tracker or indexed fund.  They're relatively low risk and worth putting in a fixed amount for long-term investment. I agree with Ngu Soon Hui, you're going to need a lot of cash if you decide to start your own business.  You may have to cover a significant amount of time without an income and you don't want all your cash tied up. However, putting all your money into one business is not good risk management.  Keep some savings where they can be a lifeline, should you need it."}
{"_id": "278208", "title": "", "text": "First of all, it's not the 1% that run things. It is more like the 0.1%. They run things because they run the government, not because they cannot be challenged in the market.   We should expect the courts to be less corruptible because their proceedings take place in public, whereas the Executive bureaucracy and most of the Congressional machinations occur behind closed doors. Deals are made that we have no knowledge of. That is where the 0.1% operates. They are as afraid of the light of day as vampires.   There is usually a cycle of wealth that lasts three or four generations unless that cycle is interrupted by collusion with the government. Europe's rich stayed rich because they became the government. Their thefts were sanctified by making them nobility and protecting them with the state.   Look at the makeup of Obama's inner circle. It is the banking nobility. Those banks and banksters would all be broke now if they had not harnessed the government to steal from thee and me to give to them.   Small government that debates everything in the open will not protect the very rich. Without government protection their wealth will return to the general pool in three generations."}
{"_id": "278211", "title": "", "text": "That doesn't really matter. It's already figured out in the percentage. Japan makes more money but also has more debt.  What does matter is that Japan has a high probability of being damaged by natural disasters and losing hundreds of billions of infrastructure and goods. Not only that but as long as global temps rise the chance of major disaster rises with it. Greece is comparatively well insulated compared to Japan. If you were to say which nation looks better at a 100+ year projection you have to consider these things. The Tsunami that hit Japan was not large by geological standards and that means Japan has a reasonable probability of near total destructing in the coming centuries. Certainly not a good place to make a long term bet on."}
{"_id": "278217", "title": "", "text": "As most people said, family loans are dangerous to the relationship.  The lender should not lend more than they are willing to forgive, and the borrower should not borrow more than they are very certain they can repay. I would suggest a few things to consider: Anecdote: I borrowed some money from my grandfather when I graduated from college to help with cash flow for an apartment, vehicle, etc.  It was about 5% of my starting annual salary and I paid it back quickly and with interest."}
{"_id": "278225", "title": "", "text": "&gt;&gt; You're just being pedantic.  &gt; I'm really not.  Okay.  No, seriously.  It is always good to see someone back to champion their beliefs.  &gt; ...you are responsible for the outcomes in your life. The sooner you accept that, and stop blaming everything listed above, the sooner you'll be on the road to a better life.  I totally agree but looking only at an individual in the job market will miss the unfairness of the job market. Yes, someone can better themselves and get a better job but somebody else is going to find themselves with only the option of that vacant job or something worse.  Your position is like saying musical chairs is a fair and equitable game for all because any player can work harder at getting to a seat first.  The fact that one player can improve their odds of winning doesn't change the fact that there are simply not enough chairs for everyone.  It sounds like you might agree that farm workers, ditch diggers, security guards, and dishwashers don't get paid a living wage.  If so, would you agree that unless there are more living wage or better jobs in an economy than workers, you are forcing people into a below living wage job?"}
{"_id": "278226", "title": "", "text": "Thing is no-one followed the part of Glass-Steagall that everyone talks about; banks formed holding entities called bancs,banqs to do the same function. The key to the crisis was that there was no regulation of derivatives, credit scoring agencies lied, as well as the continued bailouts by Greenspan every time one of his market bubbles popped"}
{"_id": "278236", "title": "", "text": "You need to talk to a local attorney specializing in real estate matters. The contract needs to ensure that your interests are protected. How you do that is too complex for an answer here and varies from state to state, or even jurisdictions within a state. There are all sorts of options. Sometimes deals like this are structured so that you can actually sell your remaining equity in the property to a third party later on. If the property has value, but the banks aren't interested in lending right now, you could potentially make money on it down the road."}
{"_id": "278268", "title": "", "text": "Different stakeholders have different views of 'failure'. Maybe from Air Berlin's point of view it was a failure, but technically speaking it is not really possible to 'fail'. As long as all shares were purchased, which is a virtual guarantee since the investment banks who underwrite the IPO by and large must do to some extent, it will always be 'successful'. A decrease in value of shares immediately after IPO means that the investment bank who did the IPO for Air Berlin didn't match its IPO price with market expectations, causing shorts on the stock, and thus a decline. No failure per se."}
{"_id": "278280", "title": "", "text": "I don't buy Twitter.  Their revenue and profit is all based on active users who will see ads on their twitter feed.  Yet we know millions of twitter accounts are fake bots.  Even with Trump blowing up twitter and making it so relevant, I don't see this as a profitable business."}
{"_id": "278290", "title": "", "text": "You could pay off a portion of the debt and your minimum payments should also go down proportionately.  Your investment managers may be able to continue making returns in the markets in a sideways and a bear market. So you have 24k contributing to your net worth, and ~50k giving you a negative net worth. At best, you can bring this down to a negative 25k net worth, or you can start and keep using some of the gains from your investment account to supplement your credit payments (along with your income). This is based on chance that your investment managers can continue making gains, compared to paying down 24k and having possibly zero liquid savings now, but having more of your salary to start saving and make the lowered minimum payments, assuming you don't borrow more. Those are the options I've thought of, I don't see either option being necessarily quicker than the other."}
{"_id": "278304", "title": "", "text": "tv advertising is getting cheaper and helps you building massive brand equity in a short time, which is the main reason why ATL advertising actually works even better for online brands...  plus, as someone as already pointed out, they're trying to get themselves known to a segment which necessarily does not know them yet.  btw, some insurance companies are moving they're budget away from ppc to tv. Since the huge increase in average cost per click for insurance related keywords, due to high competition, the cpc of a visitor coming from tv (saw advert on tv, typed url or accessed to the website through brand seo keyword) is actually cheaper than running ppc campaigns aimed to acquire new users. probably this is not the case for fab, however there's a still a lot to learn and improve in terms of media plans, considering on and offline media."}
{"_id": "278307", "title": "", "text": "You could sum the P/E ratio of all the companies in the industry and divide it by the number of companies to find the average P/E ratio of the industry.  Average P/E ratio of industry  = Sum of P/E ratio of all companies in   Industry / Number of companies in industry"}
{"_id": "278310", "title": "", "text": "Don\u00b4t forget that changing volatility will have an impact on the time value too! So at times it can happen that your time value is increasing instead of decreasing, if the underlying (market) volatility moves up strongly. Look for articles on option greeks, and how they are interdependent. Some are well explaining in simple language."}
{"_id": "278315", "title": "", "text": "What I am saying that in the time I have been importing from China I have learnt some important indirect lessons.  One of the most valuable is that you really have to expect the unexpected as it most certainly will happen. Really no level of experience can counteract some of the things that happen but you must be prepared to recover from them.  I think there are a lot of people online who like to blow smoke up their own ass and act like they are better than everyone else and that they never make mistakes. I am just not one of these people.   Sometimes i make mistakes and sometimes I lose money, I'm just honest about it.  I think this honesty helps people get that one step closer to obtaining their goals of importing by making this type of business actually sound like something that is real and obtainable instead of making it some shiny world that people can't just roll up their sleeves and get involved in.  Thanks for raising this point."}
{"_id": "278324", "title": "", "text": "\"Typed out a huge response and it's probably more than you want.  Are you asking, \"\"How can I become a CEO\"\" or are you dealing with the deeply flawed premise of Sheepman that CEOs do what they do for the money at that level?\""}
{"_id": "278339", "title": "", "text": "\"The answer is that it depends on your bank and your creditor (whomever you are paying). Most banks offer \"\"overdraft protection\"\". For a fee, they will process the payment as if you had the money, and your account will become \"\"overdrawn\"\". The next deposit you put in will be applied to the overdraft and once the account is \"\"zeroed\"\" funds will begin to become available. The fees charged, and whether a particular charge will go through, depend on the bank; a few banks will process a payment without a fee if it only happens occasionally, some will hit you with a charge per debit in excess of the amount, while others will charge you per day on which debit transactions were made while your account was overdrawn, and still others will tack on a charge for leaving your account overdrawn for an extended period. In almost all cases, the for-profit institutions (banks) will charge more than non-profit institutions (credit unions).  Watch out for banks that offer \"\"automatic overdraft transfer\"\"; they'll automatically transfer from another account (including, eek, a credit card) to cover a debit to an account with insufficient funds. Sounds great, but the fee they charge is often close to the overdraft fee, while without overdraft protection, if the payment were simply denied at point-of-sale, most banks have smartphone apps that allow for instantaneous transfer of funds, for free. I've never heard of a \"\"partial payment\"\"; you either have sufficient funds to cover the debit or you don't. If you don't, and you don't have overdraft protection, the bank will simply decline to pay. The result of that situation depends on the exact circumstances; if a utility check bounces, they may try to run it again the next day, or they may immediately cut your utilities and come after you for the balance. At point-of-sale, they simply won't give you the merchandise. Some places are really rabid about pursuing \"\"hot check writers\"\"; if the check doesn't clear you have to pay in cash, on the spot, or they call the police. As far as \"\"interest on debt\"\", it doesn't work that way; it's a \"\"service fee\"\", otherwise it would be subject to some pretty hefty federal regulation. However, if you figure it as interest, you'd be amazed; let's say you bought lunch at a burger joint for $10. You didn't have enough in the account, but it was close, so the bank let it go - and charged you $35. You have effectively inflated the cost of that meal to $45, a 350% instantaneous price increase (or if you prefer, 350% interest on that $10); I dunno about you but if I were paying $45 for one lunch it wouldn't be at a burger joint. Most banks simply will not process a check on an already-overdrawn account, overdraft service or otherwise; they'll hit you for the overdraft fee (usually actually a fee for an NSF check) AND decline the payment. So, if you had $1 in your account and wrote a rent check for $1000, it'd still bounce even with overdraft service.\""}
{"_id": "278346", "title": "", "text": "Great question and good for you for starting investments.  Are you young, like in your 20s? I would do all that you can in the ROTH.  You will not get a tax break now, but you will get one later.  Keep in mind that any company match does not go into ROTH but the IRA. I try to look at two things when judging a mutual fund:  the historic performance, and the expense fee.  When comparing two funds, if one has a 10% average return for 10 years, and a 1% fee, I feel it is better than a fund that has a 12% return for the same time period and a 3% fee.   If they are close, you can always put a little bit in each one.   An important question to ask is if you have debt.  You may want to scale back your contributions some to pay down that debt.  For me, I don't like to go below a company match to do so, but anything over and above might be better utilized to move that student, car or credit card loan to zero.  Others might disagree, so YMMV, but I have done this myself."}
{"_id": "278357", "title": "", "text": "haha ya, were a pretty great country. Our cell phone bills are ridiculous though. Highest in the world in fact, not to mention the province I am from, we're the highest in the country. So i pretty much pay more for my cell phone than anyone in the world!"}
{"_id": "278365", "title": "", "text": "After a few failed years of trying to get my daughters into Legos, Minecraft came along and now Legos are literally in every nook and cranny of our house.  If Minecraft deters some from buying Legos I believe there are just as many (more?) who it ignites the fire for building and creating..   I believe they are complementary products not substitute"}
{"_id": "278369", "title": "", "text": "\"Everything you are doing is fine. Here are a few practical notes in performing this analysis: Find all the primary filing information on EDGAR. For NYSE:MEI, you can use https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000065270&type=10-K&dateb=&owner=exclude&count=40 This is the original 10-K. To evaluate earnings growth you need per share earnings for the past three years and 10,11,12 years ago. You do NOT need diluted earnings (because in the long term share dilution comes out anyway, just like \"\"normalized\"\" earnings). The formula is avg(Y_-1+Y_-2+Y_-3) / is avg(Y_-10+Y_-11+Y_-12) Be careful with the pricing rules you are using, the asset one gets complicated. I recommend NOT using the pricing rules #6 and #7 to select the stock. Instead you can use them to set a maximum price for the stock and then you can compare the current price to your maximum price. I am also working to understand these rules and have cited Graham's rules into a checklist and worksheet to find all companies that meet his criteria. Basically my goal is to bottom feed the deals that Warren Buffett is not interested in. If you are interested to invest time into this project, please see https://docs.google.com/document/d/1vuFmoJDktMYtS64od2HUTV9I351AxvhyjAaC0N3TXrA\""}
{"_id": "278373", "title": "", "text": "\"According to the book of Hull, american and european calls on non-dividend paying stocks should have the same value. American puts, however, should be equals to, or more valuable than, european puts. The reason for this is the time value of money. In a put, you get the option to sell a stock at a given strike price. If you exercise this option at t=0, you receive the strike price at t=0 and can invest it at the risk-free rate. Lets imagine the rf rate is 10% and the strike price is 10$. this means at t=1, you would get 11.0517$. If, on the other hand, you did'nt exercise the option early, at t=1 you would simply receive the strike price (10$). Basically, the strike price, which is your payoff for a put option, doesn't earn interest. Another way to look at this is that an option is composed of two elements: The \"\"insurance\"\" element and the time value of the option. The insurance element is what you pay in order to have the option to buy a stock at a certain price. For put options, it is equals to the payout= max(K-S, 0) where K=Strike Price and St= Stock price.  The time value of the option can be thought of as a risk-premium. It's difference between the value of the option and the insurance element. If the benefits of exercising a put option early (i.e- earning the risk free rate on the proceeds) outweighs the time value of the put option, it should be exercised early. Yet another way to look at this is by looking at the upper bounds of put options. For a european put, today's value of the option can never be worth more than the present value of the strike price discounted at the risk-free rate. If this rule isn't respected, there would be an arbitrage opportunity by simply investing at the risk-free rate. For an american put, since it can be exercised at any time, the maximum value it can take today is simply equals to the strike price. Therefore, since the PV of the strike price is smaller than the strike price, the american put can have a bigger value. Bear in mind this is for a non-dividend paying stock. As previously mentioned, if a stock pays a dividend it might also be optimal to exercise just before these are paid.\""}
{"_id": "278387", "title": "", "text": "No no, I didn't forget. 3 times 12 is 36 minus 20 is $16 more.  Thank you, I just needed someone to acknowledge that's they were incorrect. How's that get top comment though?! So frustrating.  Edit: okay, not top comment anymore but still up there."}
{"_id": "278398", "title": "", "text": "He employs financial advisors because he's good at making money. That sounds like what any smart person would do... so I'm still confused? He built his own brands, he created his own company's, and whether or not he had any financial advisors is completely irrelevant. You're accusing the man of being bad with money based on nothing more than a few articles you read where he spent money in ridiculous ways, and you also read that article that said he needed the money from the McGregor fight to pay the taxes from the Pacquiao fight... his current net worth is 340mil... that's not a number that many people can boast... these articles are just clickbait to get attention, which is only helping him make more money. Honestly I hate the guy, but I'm absolutely fascinated by everything about him."}
{"_id": "278405", "title": "", "text": "&gt;Which one is Citibank  I literally *just* told you retard.   &gt;Those CEO's (including this prick) were responsible for it.   No they werent. CDO's / MBS's are *not* from depository banks. The financial institutions that are responsible for the financial crisis are primarily Lehman Brothers, Bear Stearns and AIG. AKA 2 *investment* banks and an insurance firm. So as I've said, you don't understand the difference between a depository bank and an investment bank.   You also have 0 idea on how a collateral works.   And again, tax payers didn't lose a single cent.   You're brainless."}
{"_id": "278423", "title": "", "text": "Barclays Bank, RBS, and Deutsche Bank have an agreement as part of the Global ATM Alliance that allows you to make withdrawals at Deutsche Bank ATMs at no charge. The usefulness of this arrangement to you depends on how you use your money and would entail opening an account at Barclays or Royal Bank of Scotland. Edit: David, it looks like you will need some kind of residency to open a Barclays account, but you may be able to qualify with the proper supporting documentation. See this website: UK banking services and UK bank accounts, from Barclays Wealth International"}
{"_id": "278425", "title": "", "text": "&gt;you're not one  it's the fact you don't see your chains that makes you believe you're free, so will never try to fight.  you don't think w/ the school loan shenanigans (within a span of a decade tuition rose insanely) they (government &amp; it's corporations that control it) haven't just enslaved an entire generation?  there's a reason a great many people who are against the entire system can't fuckin muster the energy to protest or fight back.   the students are beholden to their debts, but if the banks run amok and give out endless bullshit loans they knew would go belly up we *MUST* save them?  too big too fail was the bullshit reasoning remember?  it's always about class warfare  gotta keep the anger, other we slip into complacency"}
{"_id": "278430", "title": "", "text": "I am the vendor and I pay the 2 to 3%, not the customer. And I will pay it with a smile on my face. It's either that or deal with cash or other payment methods that are a) difficult/expensive or b) not possible because I am an online merchant.  I would *like* the fees to be lower but right now pretty much every other method is either difficult, expensive or both. They know what they are doing.  EDIT: Merchants like debit cards. They have the cheapest interchange rate. Reward cards are the most expensive - where do you think your 1% cash back comes from? :)"}
{"_id": "278450", "title": "", "text": "The strategy has intrinsic value, which may or may not be obstructed in practice by details mentioned in other answers (tax and other overheads, regulation, risk). John Bensin says that as a general principle, if a simple technical analysis is good then someone will have implemented it before you. That's fair, but we can do better than an existence proof for this particular case, we can point to who is doing approximately this. Market makers are already doing this with different numbers. They quote a buy price and a sell price on the same stock, so they are already buying low and selling high with a small margin. If your strategy works in practice, that means you can make low-risk money from short-term volatility that they're missing out on, by setting your margin at approximately the daily price variation instead of the current bid-offer spread. But market makers choose their own bid-offer spread, and they choose it because they think it's the best margin to make low-risk money in the long run. So you'd be relying that:"}
{"_id": "278453", "title": "", "text": "\"Here's what I suggest... A few years ago, I got a chunk of change.  Not from an inheritance, but stock options in a company that was taken private.  We'd already been investing by that point.  But what I did: 1.  I took my time. 2.  I set aside a chunk of it (maybe a quarter) for taxes.  you shouldn't have this problem. 3.  I set aside a chunk for home renovations. 4.  I set aside a chunk for kids college fund 5.  I set aside a chunk for paying off the house 6.  I set aside a chunk to spend later 7.  I invested a chunk.  A small chunk directly in single stocks, a small chunk in muni bonds, but most just in Mutual Funds. I'm still spending that \"\"spend later\"\" chunk.  It's about 10 years later, and this summer it's home maintenance and a new car...  all, I figure it, coming out of some of that money I'd set aside for \"\"future spending.\"\"\""}
{"_id": "278460", "title": "", "text": "Flipping usually refers to real-estate transaction: you buy a property, improve/renovate/rehabilitate it and resell it quickly. The distinction between flipper and investor is similar to the distinction between trader and investor, even though the tax code doesn't explicitly refer to house flipping. Gains on house flipping can be considered as active business gain or passive activity income, which are treated differently: passive income goes on Schedule E and Schedule D, active income goes on Schedule C. The distinction between passive and active is based on the characteristics of the activity (hours you spent on it, among other things). Trading income can similarly be considered as either passive (Schedule D/E treatment) or active (Schedule C treatment). Here's what the IRS has to say about traders: Special rules apply if you are a trader in securities, in the business   of buying and selling securities for your own account. This is   considered a business, even though you do not maintain an inventory   and do not have customers. To be engaged in business as a trader in   securities, you must meet all of the following conditions: The following facts and circumstances should be considered in   determining if your activity is a securities trading business: If the nature of your trading activities does not qualify as a   business, you are considered an investor... Investor, in this context, means passive income treatment (Schedule D/E). However, even if your income is considered active (Schedule C), stock sale proceeds are not subject to the self-employment tax. As you can see, there's no specific definition, but the facts and circumstances matter. You may be considered a trader by the IRS, or you may not. You may want to be considered a trader (for example to be able to make a mark-to-market election), or you may not. You should talk to a professional tax adviser (EA/CPA licensed in your State) for more details and suggestions."}
{"_id": "278510", "title": "", "text": "A recession has nothing to do with the stock market and everything to do with gross domestic product. By definition a recession is when for two or more consecutive quarters GDP remains constant or decreases. Officially US recessions are declared by the national bureau of economic research, a private non profit, non government organization tasked with doing so."}
{"_id": "278518", "title": "", "text": "\"No, I would feel guilty if I did something like in the original submission... Went to a store, tried something on, compared it with other items, asked the sales clerk for help, and then said, \"\"OK, thanks for everything!\"\" and turned around and gave my money to Amazon.\""}
{"_id": "278528", "title": "", "text": "You say that you inherited the money from your mother, and are now paying these people using money that is already yours.  Because of that, the money is considered a gift from you to them, and the fact that you are doing it in accordance with your mother's wishes doesn't change that.  For it to be considered a bequest from your mother's estate directly to these beneficiaries, it would have had to be handled via the regular by-the-book inheritance procedure and been given to them directly rather than bequeathed to you with informal instructions to pass it on to them. If one gives another person more than $14K in any calendar year, there is the potential gift tax issue to address. I'll explain why it's more a matter of 'addressing' than 'paying', as there are a number of legal ways around this.  Form 709 is what you'll use. In the end, you'll report the gifts over $14K but no tax will be due as they'll simply go against your lifetime gifting allowance, currently $5.49M per person.  Note, 2 ways to avoid even this obligation. If you have a spouse, you have a combined $28K/yr gifting (per recipient) with no reporting required. Similarly, if the recipient has a spouse, you can gift them $14K. i.e. couple to couple can gift $56K/yr. Last, why not just gift $14K before December, and in January, give the second installment? If I had money coming in separate from a will, I'd be happy that you honored a verbal request, and wouldn't be so greedy as to expect you to risk a dime of your own finances to transfer the funds immediately."}
{"_id": "278538", "title": "", "text": "Facebook the company is probably better understood as a capital good - it is a collection of software and servers and a well-known brand name with a snazzy network effect under reasonably competent corporate governance that can produce final goods and services (mostly services) that actually have value. A share of Facebook stock is a share of ownership in that capital. See also: http://en.wikipedia.org/wiki/Capital_good which makes some concessions for the difference between capital goods and capital services, so it's kind of a fuzzy thing."}
{"_id": "278548", "title": "", "text": "\"LOL!!!!!   No matter what Trump will do, even if he lowers the prices of drugs, you will be against him.  Even after what Trump just said, \"\"time to LOWER RIPOFF DRUG PRICES!\"\" (the bold letters and exclamation mark are Trump's), you still think that Trump does not want lower drug prices.   Clear tribalism on your side.\""}
{"_id": "278554", "title": "", "text": "\"&gt; Sometimes that requires more time other times less.   True story: I was at a job interview once, and a manager told me, \"\"I don't care if you work 30 hours a week or 50, as long as your work is getting done.\"\"  I thought about that for a second, and asked him, \"\"Do you have a lot of employees who regularly work 30 hour weeks?\"\"  He sheepishly replied, \"\"Well, no.  And if you did that, I'd probably give you more work.\"\"  I got the job, but left after a few months when (among other things) they announced mandatory 48-hour work weeks.\""}
{"_id": "278567", "title": "", "text": "No, I'm not arguing that at all.  Just the timing of ones birth, and the desirability of ones skills in that time is a matter of luck.  Hypothetical: If Bach had been born in 1980, do you think he'd achieve the same level of fame and sucess as he did, assuming he released the same compositions?  edit: additionally, had Bach not been born into privilege in the first place, no one would have ever heard of him.  Being born into privilege is incredibly lucky."}
{"_id": "278582", "title": "", "text": "\"Your question asks us to explain why a false statement is true.  From the point of view of an investor, a high price to earnings ratio is not necessarily desirable. From the point of view of an investor, a desirable stock is one that is likely to provide future dividends or price increases that more than compensates for the risk of the stock.  This information cannot be inferred from the P/E ratio. So what does the P/E ratio tell us? The P/E ratio measures a stock's current price (i.e., the market's belief about its future earnings) divided by its recent past earnings.  A high ratio means the market thinks earnings in the future will be higher than they are now and have therefore bid the price up.  These can thought of as expensive stocks, and are often called \"\"growth\"\" stocks because their price is driven by the market's belief in future growth. Some individual high P/E stocks do live up to or exceed the market's expectation, but there's no evidence that this happens enough that they are more desirable as a group than low P/E stocks. If anything, the empirical evidence goes the other way.\""}
{"_id": "278586", "title": "", "text": "Instead of giving part of their profits back as dividends, management puts it back into the company so the company can grow and produce higher profits. When these companies do well, there is high demand for them as in the long term higher profits equates to a higher share price. So if a company invests in itself to grow its profits higher and higher, one of the main reasons investors will buy the shares, is in the expectation of future capital gains."}
{"_id": "278607", "title": "", "text": "To optimize your return on investment, you need to buy low and sell high.  If you knew that one stock had hit rock bottom, and the others had not, buying the low stock would be the best. However, unless you can predict the future, you don't know if any individual stock has hit the bottom, or if it will continue to drop. If you decide to spend the same amount of money each month on stock purchases, then when the price is low, you will automatically buy more shares, and when the price is high, you will buy fewer shares.  This strategy is sometimes called dollar cost averaging.  It eliminates the need to predict the future to optimize your buying. All that having been said, I agree with @Powers that at the investment amount that you are talking about and the per transaction fee you listed, a monthly investment in several stocks will cause you to lose quite a bit to transaction fees.  It sounds like you need a different strategy."}
{"_id": "278611", "title": "", "text": "\"Since it's not tagged united-states, I'd like to offer a more general advice. Your emergency fund should match the financial risks that are relevant to you. The two main classes of financial risk are of course a sudden increase in costs or a decrease in income. You'd have to address both independently. First, loss of income. For most, this would simply equate to the loss of a job. How much benefits would you expect to get, and for how long? This is often the most important question; the 6 months advise in the US is based on a lack of benefits.  With two incomes, you're less likely to lose both jobs at the same time. That's a general advise, though. If you both work for the same employer, the risk of losing two jobs at the same time is certainly real. Also, in countries with little protection against dismissal (such as the US), the chance of being layed off at the same time is also higher. On the debit side, there are also two main risks. The first is the loss or failure of an essential possession, i.e. one which requires immediate replacement. This could include a car, or a washing machine. You already paid for one before, so you should have a good idea how much it costs. The second expenditure risk is health-related costs. Those can suddenly crop up, but often you have some kind of insurance. If not, you'd need to account for some costs, but it's hard to come up with an objective number here. The two categories are dependent, of course. Health-related costs may very well coincide with a loss of income, especially if you're self-employed. Now, once you've figured out what the risks are, it's time to figure out how to insure against them. Insurance might be a better choice than an emergency fund, especially for the health costs. You might even discover that you don't need an emergency fund at all. In large parts of Europe, you could establish a credit margin that's not easily revoked (i.e. overdraft agreements), and unemployment benefits are sufficient to cover your regular cost of living. The main risk would then be a sudden lack of liquidity if your employer goes bankrupt and fails to pay the monthly wages, which means your credit should be guaranteed sufficient to borrow one month of expenses. (This of course assumes quite good credit; \"\"pay off my car\"\" doesn't suggest that.)\""}
{"_id": "278616", "title": "", "text": "\"Funny you mentioned \"\"the protestors are here already,\"\" since they're cause is already a lost one. As you mentioned, everything will be on sale; those that already have excess income will be able to gobble up discounted assets, while those that are already in financial trouble (a la OWS protestors) will be left in the dust asset-wise, and if/when they recover the discount period will long be over.   Hence, the wealth gap will continue to widen, despite the OWS movement's passionate--yet uninformed and fruitless cause.   Also, I liked your ideas on guns. Arms and ammunition are--and especially will be in case of a tumultuous future period--a precious commodity in themselves and prove to be a wise investment, even if they only end up being used as a hobby only.\""}
{"_id": "278622", "title": "", "text": "Facebook may sue you or your company for not paying the bill for the ads that Facebook ran for you or your company. There is a chance they may ban you and/or your company in addition to that to get the money as there was likely an agreement you accepted to put ads on Facebook."}
{"_id": "278624", "title": "", "text": "Maybe most by number of people employed. There are still a large number of jobs that employ a small number of people. Performance measurement in something like a manufacturing job, or cashier, or fry cook is fairly easy to measure. Creative fields are harder to measure."}
{"_id": "278626", "title": "", "text": "At the area where I live (Finland), banks typically charge a lot more for additional mortgage credit taken after purchasing the house. So, if you are planning to purchase a house, and pay it with a mortgage, you get a very good rate, but if you pay back the mortgage and then realize you need additional credit, you get a much worse rate. So, if this is applicable to your area as well, I would simply buy stocks after you have paid enough of the mortgage that it is only 50% of the house price or so. This is especially good advice if you are young. Also, if your mortgage is a fixed rate and not an adjustable rate mortgage, you probably have a very low permanent interest rate on it as interest rates are low currently (adjustable rate mortgages will also have a low rate but it will surely go up). Some people say there's a bubble currently in the stock market, but actually the bubble is in the bond market. Stocks are expensive because the other alternatives (bonds) are expensive as well. Paying back your mortgage is equivalent to investing money in bonds. I don't invest in bonds at the current ridiculously low interest rates; I merely invest in stocks and have a small cash reserve that will become even smaller as I discover new investment opportunities. I could pay back a significant percentage (about 50%) of the loans I have by selling my stocks and using my cash reserves. I don't do that; I invest in stocks instead, and am planning to increase my exposure to the stock market at a healthy pace. Also, consider the fact that mortgage is cheap credit. If you need additional credit for consumption due to e.g. becoming suddenly unemployed, you will get it only at very expensive rates, if at all. If you're very near the retirement age (I'm not), this advice may not be applicable to you. Edit: and oh, if your mortgage is fixed rate, and interest rates have come down, the bank will require you to pay the opportunity cost of the unpaid interests. So, you may need to pay more than you owe the bank. Edit2: let's assume the bank offered you a 4% fixed rate for a 10-year loan, which you agreed to. Now let's also assume interest rates of new agreements have come down to 2%. It would be a loss to the bank to pay back the amount of the loan (because the bank cannot get 4% by offering somebody else a new loan, only 2%), unless you paid also 10 years * (4% - 2%) * amount = 20% * amount of lost interest income. At least where I live, in fixed rate loans, one needs to pay back the bank this opportunity cost of unpaid interests."}
{"_id": "278629", "title": "", "text": "Question (which you need to ask yourself): How well are your friends paid for their work? What would happen if you just took your money and bought a garage, and hired two car mechanics? How would that be different from what you are doing?  The money that you put into the company, is that paid in capital, or is it a loan to the company that will be repaid?"}
{"_id": "278630", "title": "", "text": "Firstly what are you trading that you could lose more than you put in? If you are simply trading stocks you will not lose more than you put in, unless you are trading on margin. A limit order is basically that, a limit on the maximum price you want your buy order bought at or the minimum price you want your sell order sold at. If you can't be glued to the screen all day when you place a limit order, and the market moves the opposite way, you may miss out on your order being executed. Even if you can be in front of the screen all day, you then have to decide if you want to chase the market of miss out on your purchase or sale. For example, if a stock is trading at $10.10 and you put a limit buy order to buy 1000 shares at or below $10.00 and the price keeps moving up to $10.20, then $10.30 and then $10.50, until it closes the day at $11.00. You then have the choice during the day to miss out on buying the shares or to increase your limit order in order to buy at a higher price. Sometime if the stock is not very liquid, i.e. it does not trade very often and has low volume, the price may hit $10.00 and you may only have part of your order executed, say 500 out of your 1000 shares were bought. This may mean that you may have to increase the price of your remaining order or be happy with only buying 500 shares instead of 1000. The same can happen when you are selling (but in reverse obviously). With market order, however, you are placing a buy order to buy at the next bid price in the depth or a sell order to sell at the next offer price in the depth. See the market depth table below:  Note that this price depth table is taken before market open so it seems that the stock is somewhat illiquid with a large gap between the first and second prices in the buyers (bid) prices. When the market opened this gap is closed, as WBC is a major Australian bank and is quite liquid. (the table is for demonstration purposes only). If we pretend that the market was currently open and saw the current market depth for WBC as above, you could decide to place a limit sell order to sell 1000 shares at say $29.91. You would sell 100 shares straight away but your remaining 900 sell order will remain at the top of the Sellers list. If other Buyers come in at $29.91 you may get your whole sale completed, however, if no other Buyers place orders above $29.80 and other Sellers come into the market with sell orders below $29.91, your remaining order may never be executed. If instead you placed a market sell order you would immediately sell 100 shares at $29.91 and the remaining 900 shares at $29.80. (so you would be $99 or just over 0.3% worse off than if you were able to sell the full 1000 shares at $29.91). The question is how low would you have had to lower your limit order price if the price for WBC kept on falling and you had to sell that day? There are risks with whichever type of order you use. You need to determine what the purpose of your order is. Is it to get in or out of the market as soon as possible with the possibility of giving a little bit back to the market? Or is it to get the price you want no matter how long it takes you? That is you are willing to miss out on buying the shares (can miss out on a good buy if the price keeps rising for weeks or months or even years) or you are willing to miss out on selling them right now and can wait for the price to come back up to the price you were willing to sell at (where you may miss out on selling the shares at a good price and they keep on falling and you give back all your profits and more). Just before the onset of the GFC I sold some shares (which I had bought a few years earlier at $3.40) through a market order for $5.96. It had traded just above $6 a few days earlier, but if instead of a market order I had placed a limit order to sell at $6.00 or more I would have missed out on the sale. The price never went back up  to $6 or above, and the following week it started dropping very quickly. It is now trading at about $1.30 and has never gone back above $2.00 (5.5 years later). So to me placing a limit order in this case was very risky."}
{"_id": "278636", "title": "", "text": "Sweden just recapitalized and fired the bankers. They are fine and were fine just a few years after their crash. Now the US has an out of control bail out culture mixed with the worst, most dishonest business men in history running the show. This will end up way worse than last time."}
{"_id": "278638", "title": "", "text": "I believe you're looking for some sort of formula that will determine how changes in savings, investing, and spending will affect economic growth.  If such a formula existed (and worked) then central planning would work since a couple of people could pull some levers to encourage more savings, or more investing, or more spending - depending on what was needed at that particular time.  Unfortunately, no magic formula exists and so no person has enough knowledge to determine what the proper amount of savings, investing, or spending should be at a given time. I found this resource particular helpful in describing the interactions between savings, consumption, and investing."}
{"_id": "278643", "title": "", "text": "This is really just a matter of planning.  It's good that you don't want the train to go off the rails but really you just need to budget your fixed expenses.  I do this by having two checking accounts.  One account gets a direct deposit to cover all of my fixed expenses, the other is my regular checking account.   Take your rent and other fixed expenses, if you have any, and total them.  Take that total and divide by four.  That's how much of each check you should be socking away in to the separate account. Additionally, with a 30% pay increase you can probably start a savings account.  You should start to establish an emergency fund so this really never becomes a problem.  Take 10% of your pay and put it in savings, this will still leave you with a healthy pay increase to enjoy but you'll keep some of your money for yourself too."}
{"_id": "278653", "title": "", "text": "Quick get a Social Security Number for the child. You will need it before you file your taxes early next year. If you don't have a SSN for your child you will not be able to claim them as a dependent. If you applied for one already, many do so at the hospital, then wait for it to arrive. The next step is to open a savings account with the child's SSN. Then have your parent write the check in the child's name and deposit it into the account.  If it is written in the child's name already then you don't need a new check from them. If the check is large, you may run into problems if you take a check in the name of a minor and try and deposit it into your account. The bank would have no idea that the person is related to you."}
{"_id": "278656", "title": "", "text": "I am assuming that you are talking about US Savings Bonds: Here is a page that talks about maturity dates of US Savings bonds. If They aren'tSavings bonds but are another type ofUS Government Bond Assuming they are Savings bonds, here is information regarding redeeming of bonds. How do I redeem my EE/E Bonds?  Electronic bonds:     Log in to Treasury Direct and follow the directions there. The cash amount can be credited to your checking or savings account within one business day of the redemption date.  Paper bonds    You can cash paper EE/E Bonds at many local financial institutions. We don't keep a list of banks that redeem bonds, so check with banks in your area. What will I need to redeem a paper bond? Before taking in the bonds to redeem them, it's usually a good idea to check with the financial institution to find out what identification and other documents you'll need.   When you present your paper bonds, you'll be asked to show your identity. You can do this by being a customer with an active account open for at least 6 months at the financial institution that will be paying the bonds, or presenting acceptable identification such as a valid driver's license if the >redemption value of the bonds is less than $1,000. If you are not listed as the owner or co-owner on the bond, you'll have to show that you >are entitled to cash in the bond.  The treasury direct website also discusses converting bonds, rules regarding using them for education, how often they are credited with interest"}
{"_id": "278658", "title": "", "text": "Select the calendar year unless there is a good reason to choose another year end, for example, if your business is really busy at that time of year and you won't have time to do your books."}
{"_id": "278665", "title": "", "text": "Flight paths are the way they are because they were set up decades ago before GPS was available. NextGen is the upcoming upgrade to the US ATC system. It's been delayed for years, but hopefully the government can finally get it implemented. The benefits are huge compared to the current system.  http://en.wikipedia.org/wiki/Next_Generation_Air_Transportation_System"}
{"_id": "278666", "title": "", "text": "Whether or not you have money in your account will not necessarily stop them withdrawing the money, and it certainly won't stop them attempting to withdraw the money. There are two possible scenarios when they attempt to withdraw the money (as they surely will): I think you are just lucky they haven't attempted the withdrawal yet. Put the necessary money into your account now if you possibly can, and consider this a slightly expensive lesson learned about following the Ts and Cs when cancelling services."}
{"_id": "278667", "title": "", "text": "There are different ways of credit card purchase authorizations. if some choose less secure method it's their problem. Merchants are charged back if a stolen card is used."}
{"_id": "278671", "title": "", "text": "If it costs more to fix the car than the car is worth, then those repairs are not worth it.  Hit craigslist and look for another junker that runs, but is in your cash price range.  Pay to get it looked at by a mechanic as a condition of sale.  Use consumer reports to try and find a good model. Somebody in your position does not need a $15K car.  You need a series of $2K or $4K cars that you will replace more often, but pay cash for.  Car buying, especially from a dealer financed, place isn't how I would recommend building your credit back up. EDIT in response to your updates: Build your credit the smart way, by not paying interest charges.  Use your lower limit card, and annually apply for more credit, which you use and pay off each and every month.  Borrowing is not going to help you.  Just because you can afford to make payments, doesn't automatically make payments a wise decision.  You have to examine the value of the loan, not what the payments are.  Shop for a good price, shop for a good rate, then purchase.  The amount you can pay every month should only be a factor than can kill the deal, not allow it. Pay cash for your vehicle until you can qualify for a low cost loan from a credit union or a bank.  It is a waste of money and time to pay a penalty interest rate because you want to build your credit.  Time is what will heal your credit score. If you really must borrow for the purchase, you must secure a loan prior to shopping for a car.  Visit a few credit unions and get pre-qualified.  Once you have a pre-approved loan in place, you can let the deal try and beat your loan for a better deal.  Don't make the mistake of letting the dealer do all the financing first."}
{"_id": "278675", "title": "", "text": "\"First off, looks like they didn't \"\"get away\"\" with anything. Second, the company said these guys didn't know about the breach - is it possible they actually didn't know and were selling for other reasons? Why must we jump to the worst possible conclusion right away? Third, it's not clear there's actually been a crime here so what are you on about?\""}
{"_id": "278678", "title": "", "text": "\"I opened several free checking accounts at a local credit union.  One is a \"\"Deposit\"\" account where all of my new money goes.  I get paid every two weeks.  Every other Sunday we have our \"\"Money Day\"\" where we allocate the money from our Deposit account into our other checking accounts.  I have one designated as a Bills account where all of my bills get paid automatically via bill pay or auto-pay. I created a spreadsheet that calculates how much to save each Money Day for all of my upcoming bills.  This makes it so the amount I save for my bills is essentially equal.  Then I allocate the rest of my deposit money into my other checking accounts.  I have a Grocery, Household, and Main checking accounts but you could use any combination that you want. When we're at the store we check our balances (how much we have left to spend) on our mobile app.  We can't overspend this way.  The key is to make sure you're using your PIN when you use your debit card.  This way it shows up in real-time with your credit union and you've got an accurate balance.  This has worked really well to coordinate spending between me and my wife.  It sounds like it's a lot of work but it's actually really automated.  The best part is that I don't have to do any accounting which means my budget doesn't fail if I'm not entering my transactions or categorizing them. I'm happy to share my spreadsheet if you'd like.\""}
{"_id": "278699", "title": "", "text": "Nobody outside of the credit scoring agencies know exactly what goes into the scoring formula. That said, I don't think there is any evidence that keeping a fixed loan (car or mortgage) open is necessary to keep its effect on your score. It doesn't improve your utilization ratio like an open revolving credit line would. And depending on the exact details of how your specific lender reports the loan, it might appear detrimental to your debt-to-income ratio.  I would simply pay it off."}
{"_id": "278702", "title": "", "text": "You can try Wave Accounting. Its a free software for Small Business and web-based. http://waveaccounting.com/"}
{"_id": "278709", "title": "", "text": "\"I can agree that Youtube is hardly pure in the matter, but you also have to remember that takedown notices have been served for really stupid things too - for example, Prince serving that random nobody woman a takedown for having a video of her baby dancing to \"\"Let's Go Crazy.\"\" The song is BARELY understandable over the din of the baby, and the clip is like 45 seconds long at best - yet somehow it angered the Purple One and his lawyers.\""}
{"_id": "278711", "title": "", "text": "I doubt that it is possible to keep something like this secret from your husband forever. If you get away with it once, I'd guess you'll probably try it again, and sooner or later he'll find out. He'll notice that things show up in the house that aren't accounted for in the budget, or he'll see a statement from your secret bank account, or one of your friends will carelessly say something about it when he's around, etc. I found out about some of my ex-wife's secret finances when she wasn't home one day, I got the mail, and found a credit card bill for an account I knew nothing about. If the preconditions on the question are that you're not going to tell him the truth (and you're not going to get a divorce), I think the only realistic answer is that there is no way of keeping this secret with a high probability of success."}
{"_id": "278718", "title": "", "text": "If you are looking for an advisor to just build a portfolio and then manage it, a robo-advisor can be beneficial (especially if the alternative is doing it your self, assuming that you are not well versed in the markets). The primary risk with one is that it does not build a portfolio that accurately represents your needs and risk tolerance. Some firms base the number of questions they ask you on sign up based not on what is needed to get a good profile, but on how many before people decide that it is too much hassle and bail. That usually results in poorer profiles. Also a live advisor may be better at really getting at your risk tolerance. Many of day our risk tolerance is one thing but in reality we are not so risk tolerant.  Once the profile is built. The algorithms maintain your portfolio on a day by day basis. If rebalancing opportunities occur they take advantage of it.  The primary benefit of a robo-advisor is lower fees or smaller minimum account balances. The downside is the lack of human interaction and financial advise outside of putting together a portfolio."}
{"_id": "278725", "title": "", "text": "The cheapest currently available Delta flight from JFK to Dulles tomorrow is $164.  What you've shown is that their markup is greater than 100%.  Regardless of what the cost is, I don't see anything untenable about requiring all flights departing an evacuation area be run at cost."}
{"_id": "278727", "title": "", "text": "\"I think everything in your case is just simply missing one important rule of how credit works. Essentially, your MIL cannot get a loan. You can. You are making her a large loan that she cannot get for herself. That is all. That is the essence of what this deal is. It is not without interest - she makes a financial contribution toward your son, you get the deal in 2 years assuming she doesn't default (she will), etc. Imagine it this way: you are sitting in the dealership with the dealer and your MIL. She wants a loan to pay for the car. The dealership says, \"\"you are way not credit worthy.\"\" So your MIL says, \"\"why doesn't my son-in-law take out the loan instead?\"\" Now the dealership says, sure, that's fine. From the dealer's standpoint, every other part of your arrangement is irrelevant - boring, even. The only magic trick is in who takes the loan out, no other difference. You're letting your MIL pull a car out of her sleeve like a magician, and in taking the deal you're believing her.  This sentence: I am pretty sure that the ex-MIL will not let me down (I've loaned her large sums of money before and she always promptly repaid).  is everything. You're making a rather large bet that the things that can go wrong in two years - including any situation involving your wife's welfare - are rather miniscule. And furthermore, that the few times she's paid you back - that did NOT convince banks and dealer she is more creditworthy - justifies her good creditworthiness. Is the interest worth it? Do you really believe that your MIL needs to wring a car out of you before she would consider contributing to her grandson's well-being (which is, essentially, the interest)? But wait, it's NOT everything. Her daughter (my ex-wife) would drive it for 2 years and then turn the car over to our son. Even if your MIL is creditworthy, the woman you described as follows: Her daughter, though, is a loose cannon. Will be holding and returning the collateral in this deal. Things she can do include: So I'm arguing two points: Obviously my opinion on this is clear. I hope I did a decent job of explaining where the components of this deal (credit, interest, collateral) play out in the eyes of a dealer or bank, and get lost in the mechanics of the rules you worked out with your family.\""}
{"_id": "278729", "title": "", "text": "It's not quite identical, due to fees, stock rights, and reporting & tax obligations.  But the primary difference is that a person could have voting rights in a company while maintaining zero economic exposure to the company, sometimes known as empty voting. As an abstract matter, it's identical in that you reduce your financial exposure whether you sell your stock or short it.  So the essence of your question is fundamentally true.  But the details make it different.  Of course there are fee differences in how your broker will handle it, and also margin requirements for shorting.  Somebody playing games with overlapping features of ownership, sales, and purchases, may have tax and reporting obligations for straddles, wash sales, and related issues.  A straight sale is generally less complicated for tax reporting purposes, and a loss is more likely to be respected than someone playing games with sales and purchases. But the empty voting issue is an important difference.  You could buy stock with rights such as voting, engage in other behavior such as forwards, shorts, or options to negate your economic exposure to the stock, while maintaining the right to vote.  Of course in some cases this may have to be disclosed or may be covered by contract, and most people engaging in stock trades are unlikely to have meaningful voting power in a public company.  But the principle is still there. As explained in the article by Henry Hu and Bernie Black: Hedge funds have been especially creative in decoupling voting rights from economic ownership. Sometimes they hold more votes than economic ownership - a pattern we call empty voting. In an extreme situation, a vote holder can have a negative economic interest and, thus, an incentive to vote in ways that reduce the company's share price. Sometimes investors hold more economic ownership than votes, though often with morphable voting rights - the de facto ability to acquire the votes if needed. We call this situation hidden (morphable) ownership because the economic ownership and (de facto) voting ownership are often not disclosed."}
{"_id": "278734", "title": "", "text": "Yes. Although I imagine the risk is small, you can remove the risk by splitting your money amongst multiple accounts at different banks so that none of the account totals exceed the FDIC Insurance limit. There are several banks or financial institutions that deposit money in multiple banks to double or triple the effective insurance limit (Fidelity has an account like this, for example)"}
{"_id": "278777", "title": "", "text": "\"What you're describing makes sense. I'd probably call the non-liquid portion something besides my \"\"emergency fund\"\", but that's semantics mostly. If you have 3 months of \"\"very liquid\"\" cash in this emergency fund and you're comfortable that this amount is good for your situation, then I don't see why you can't have additional savings in more or less liquid vehicles. Whatever you set up, you'll want to think about how to tap it when you need it. You might have a CD ladder with one maturing every three months. That would give you access to these funds after your liquid funds dry up. (Or for a small/short term emergency, you'll be able to replenish the liquid fund with the next-maturing CD.) Or set up a T Bill ladder with the same structure. This might provide you with a tax advantage.\""}
{"_id": "278781", "title": "", "text": "Keep in mind, when talking about other deductions, such as mortgage interest, you need to look at your overall situation and whether the taxpayer is near the standard deduction amount. For some, their interest deduction and property tax are below the standard deduction, and therefore, they'd not itemize."}
{"_id": "278793", "title": "", "text": "Grass is always greener at the other side of the hill.  Tax is only a small proportion of your costs. you could easily set up a small company in a so called tax haven. But are you willing to emigrate? If not, will the gain in less taxes cover the frequent travel costs? Even if you would like to emigrate less tax might be deceiving.  I recently had a discussion with a US based friend. In the US petrol is way cheaper then in Europe. THere were many examples in differences, but when you actually sum up everything, cost of living was kind of the same. So you might gain on tax, but loose on petrol, or child care to just name some examples  For big companies who think globally it makes sense to seek the cheapest tax formula. For them it does not matter where they are located. For us mortals it does."}
{"_id": "278801", "title": "", "text": "\"I am going to respond to a very thin sliver of what's going on.  Skip ahead 4 years. When buying that house, is it better to have $48K in the bank but a $48K student loan, or to have neither?  That $48K may very well be what it would take to put you over the 20% down payment threshhold thus avoiding PMI. Banks let you have a certain amount of non-mortgage debt before impacting your ability to borrow. It's the difference between the 28% for the mortgage, insurance and property tax, and the total 38% debt service.  What I offer above is a bit counter-intuitive, and I only mention it as you said the house is a priority. I'm answering as if you asked \"\"how do I maximize my purchasing power if I wish to buy a house in the next few years?\"\"\""}
{"_id": "278821", "title": "", "text": "\"&gt; You keep saying this is based on data. Please feel free to provide peer reviewed data supporting your stance that smoking impacts income.  LOL, are you kidding me?     \"\"The findings suggest why \u2018stoners\u2019 are stereotypically viewed as lacking motivation to work hard to pursue their dreams or to be ambitious.\"\"  https://www.psychologytoday.com/blog/the-athletes-way/201307/does-long-term-cannabis-use-stifle-motivation    Cannabis reduces short-term motivation to work for money Smoking the equivalent of a single 'spliff' of cannabis makes people less willing to work for money while 'high'  https://www.sciencedaily.com/releases/2016/09/160901211303.htm   Cannabis smokers end up in worse jobs and have less money than average, study finds  http://www.mirror.co.uk/news/world-news/cannabis-smokers-end-up-worse-7608737   Getting high on cannabis makes you less likely to work hard for money, study says  https://www.independent.co.uk/news/science/cannabis-marijuana-weed-effects-getting-high-working-hard-money-motivation-a7220441.html   Regular pot users wind up earning less money, new study says  http://www.sacbee.com/news/state/california/california-weed/article69339292.html   Study: Poorer marijuana users smoking the most     (Yeah, they ended up losers)  http://www.denverpost.com/2016/08/14/study-poorer-marijuana-users-smoking-the-most/\""}
{"_id": "278824", "title": "", "text": "\"In the US service animals are treated like durable medical equipment from a tax POV, and some expenses can be deducted. Likewise, expenses associated with working animals are business or hobby expenses than can be deducted to a certain extent.  But pets, no. Legally they are \"\"chattels\"\" -- property that can move. Generally speaking, you can't deduct the cost of maintaining your belongings.\""}
{"_id": "278828", "title": "", "text": "your money in a bank gets used to fund other investments. So basically you either make money, or you're making money for someone else.  Sorry i'm such a dick for not foreseeing 100,000% APR interest in bank accounts with no inflation, god i feel stupid now."}
{"_id": "278846", "title": "", "text": "\"It sounds like you are isolated and in a small town.  Without the true ability to bank, perhaps you should move. As an alternative you could do some kind of online banking.  Most banks offer the ability to deposit via mobile phone and you could obtain cash by using remote ATMs or writing checks for an amount over your purchase at the grocery store.  How are you paid?  If via direct deposit, that makes mobile banking even easier.   Did your read your premise out loud?  Using Game Stop as a bank is just silly. Are you banned from banks because of not paying child support or some other legal obligation?  If so just \"\"face the music\"\".  I know people that are over 40 and owed a relatively small amount of child support and the result of they lost out on order of magnitudes greater income.  It was just a short-sighted move that cost them far more than if they just obeyed the court order. It would be smarter to use a check cashing store, like AmScott, to do your banking.  They will cash checks for a fee, issue money orders, or even allow you to pay some bills directly through them.  Never, ever use them to cash a hot check or for short term financing but using them or Walmart, or the Grocery store is a much better option than Game Stop.\""}
{"_id": "278850", "title": "", "text": "\"Absolutely. But the FTC says that \"\"Thanks Neutrogena\"\" isn't enough anymore. And it can't be buried after the '...more' cutoff either. Again, I'd rather not get fined and still be able to run these endorsements and get better data than risk fines and/or not be able to do them at all.\""}
{"_id": "278852", "title": "", "text": "If for some reason you need to replace a section of an aluminium balustrade, the material can be recycled to fabricate and fit a new panel quite easily. With aluminium balustrades you are not increasing your carbon footprint.Aluminium balustrades are ideally suited for residential buildings where the aesthetics greatly matter. In premises where safety is a concern steel balustrades are better equipped to address these issues. Swimming pool fencing, railings for staircases and balconies can be fabricated out of aluminium."}
{"_id": "278854", "title": "", "text": "While the tone of the article isn't the best or the most informative the general premise of bid-rigging and collusion is still a problem and wait till all the swaps/derivatives come to light that were sold to european municipalities also uncompetively and collusively (if the europeans have balls to press charges).  A lot of the products were offered with clauses that disallowed the muni's to check the market prices and some had even collusion (I will dig up the link when I find it)."}
{"_id": "278858", "title": "", "text": "Trump got stopped on heathcare and on his wall. He might be willing to start fighting pretty dirty.  It will be so interesting to see if Democrats will join republicans to send a veto-proof debt bill to Trump. It's awkward for all sides. In a bizarre twist Trump may actually encourage bipartisan action in congress."}
{"_id": "278864", "title": "", "text": "&gt;I want to work in an environment where I can advocate for myself and, occasionally, negotiate for better compensation. Some people aren't good at these things, and frankly, that sucks for them. I'll eat their lunch if they let me.  Isn't that kind of the point?  If you can't advocate for yourself using negotiation tactics, you're left with the options of increasing the scope of your job or increasing your skills."}
{"_id": "278887", "title": "", "text": "The answer depends on the specific instrument to which you are referring. It is possible to make straight bets that are cash-settled and in which the underlying commodity or instrument will never be bought or sold.  It is also possible to have such a contract be settled in the underlying (if the cash value is appropriate, then the cash settlement can be used to purchase the underlying directly, if necessary).  Physical delivery was predominant until the last few decades.  Most traders, as opposed to hedgers or strategics, are going to prefer cash-settled contracts as opposed to physical delivery. It is possible to make trades with a brokerage firm such that the firm pays if the trader wins the bet.  The firm will typically find parties on the other side to even out this bet and leave itself neutral as to the outcome (plus a small premium it charges each side for the cost of making the market).  The cost charged to one contracting party should be set by the dealer in relation to prices being charged to parties making the opposite, matching bet (in this way, brokers are following market price, while traders are setting it). Financially, options and contracts can be settled for cash or for the underlying, and they can be made directly with the opposite bettor or with a neutral dealer."}
{"_id": "278889", "title": "", "text": "\"Changing my answer based on clarification in comments. It appears that some of the securities you mentioned, including GEAPP, are traded on what is colloquially known as the Grey Market. Grey Sheets, and also known as the \"\"Gray Market\"\" is another category of OTC stocks that is completely separate from Pink Sheets and the OTCBB.  From investopedia The grey market is an over-the-counter market where dealers may execute orders for preferred customers as well as provide support for a new issue before it is actually issued. This activity allows underwriters and the issuer to determine demand and price the securities accordingly before the IPO.  Some additional information on this type of stocks. (Source) Unlike other financial markets... No recent bid or ask quotes are available because no market makers share data or quote such stocks. There is no quoting system available to record and settle trades. All Grey sheet trading is moderated by a broker and done between consenting individuals at a price they agree on. The only documentation that can be publicly found regarding the trades is when the last trade took place. No SEC registration and little SEC regulation. Regulation of Grey Sheet stocks takes place mainly on a state level. Unlike Pink Sheets, these stocks have no SEC registration to possess a stock symbol or to possess shares or trade shares of that stock. Such penny stocks, similar to Pink Sheets, are not required to file SEC (Securities and Exchange Commission) financial and business reports. These stocks may not be solicited or advertised to the public unless a certain number of shares are qualified to be traded publicly under 504 of Regulation D. Extremely Illiquid. Gray sheet trading is infrequent, and for good reason... Difficult to trade, not advertised, difficult to follow the price, the least regulation possible, hard to find any information on the stock, very small market cap, little history, and most such stocks do not yet offer public shares. The lack of information (bids, history, financial reports) alone causes most investors to be very skeptical of Gray Sheets and avoid them altogether.  Gray Sheets are commonly associated with Initial public offering (IPO) stocks or start up companies or spin-off companies, even though not all are IPO's, start-ups or spin-offs. Grey Sheets is also Home to delisted stocks from other markets. Some stocks on this financial market were once traded on the NASDAQ, OTCBB, or the Pink Sheets but ran into serious misfortune - usually financial - and thus failed to meet the minimum requirements of the registered SEC filings and/or stock exchange regulations for a financial market. Such stocks were delisted or removed and may begin trading on the Grey Sheets.  So to answer your question, I think the cause of the wild swings is that:   Great question, BTW.\""}
{"_id": "278902", "title": "", "text": "The advice is always to not get a big refund from the IRS, because that is giving them an interest free loan. You actually have an opportunity to get an interest free loan from them.  When you file your taxes for 2013 note how much you paid in taxes. Not the check you had to send in with your tax form or the refund you received, but the total amount in taxes you paid. Multiply that amount by 1.1 or (110%). For example $8,000 * 1.10 = $8,800. When you get your paychecks in 2014 you goal is to make sure that your federal taxes (not state, Social security or medicare) taken from your paycheck will get you over that number $8,800 /26 or ~350 a paycheck. Keep in mind that the later you start the more each check needs to be. You will owe them a big check in April 2015. But because of the 110% rule you will not owe interest, penalties, or have to deal with quarterly taxes. The 110% rule exempts you from these if you end them 110% as much a you paid in taxes the previous year. Note that no matter how you pay your taxes for 2014: big check now, extra per paycheck, or minimum now; you will have to watch your withholding during 2015 because the 110% rule won't protect you."}
{"_id": "278903", "title": "", "text": "Contrary to Muro's answer which strangely shows a graph of the Fed's balance sheet and not the money supply, the supply of US dollars has never doubled in a few days.  This graph from Wikipedia shows M2, which is the wider measure of money supply, to have doubled over approximately 10 years, http://en.wikipedia.org/wiki/File:Components_of_US_Money_supply.svg The answer to whether gold has a higher chance of experiencing big devaluation has to do with forces outside anyone's control, if a big new mine of gold is discovered that could affect prices, but also if the economy turns around it could lead investors to pull out of gold and back into the stock markets. The USD, on the other hand, is under control of the policy makers at the Fed who have a dual mandate to keep inflation and unemployment low. The Fed seems to have gotten better over the last 30 years at controlling inflation and the dollar has not experienced big inflation since the 70s. Inflation, as measured by Core CPI, has been maintained at less than 4% for the last 20 years and is currently coming off record low levels below 1%."}
{"_id": "278961", "title": "", "text": "Get an advanced degree.  This should increase your earning power.  Also learn how to use a computer, this should also tend to increase your earning power."}
{"_id": "278965", "title": "", "text": "no it would not. Did you read the article? corporations and funds are already paying the government to hold money short-term (negative real 2 year bond yields).   or are you advocating that the government place an additional tax on people who buy government bonds?"}
{"_id": "278984", "title": "", "text": "There could be a number of reasons: The price hit your number ($39.70) but by the time your order hit the market, the price had gone up. Perhaps the stock went up between when you placed the stop loss and when the order was executed. A trailing stop loss will ratchet up: Very simply, the trailing stop maintains a stop-loss order at a precise percentage below the market price (or above, in the case of a short position). The stop-loss order is adjusted continually based on fluctuations in the market price, always maintaining the same percentage below (or above) the market price."}
{"_id": "278991", "title": "", "text": "\"There are several areas of passive fraud by being unclear on what you are doing.  When a citizen buys a house, the mortgage lender wants all the details as to how the buyer rounded up the money.  That is so they can use their own formulas to assess the buyer's creditworthiness and the probability that the buyer will be able to keep up on payments, taxes and maintenance; or have they overextended themselves. The fraud is in the withholding of that info. By way of tricking them into making a favorable decision, when they might not have if they'd had all the facts.  Then there's making this sound all lovey-dovey, good intentions, no strings attached, no expectations. You're lying to yourself.  What you've actually done is put money between yourselves, because you have not laid down FAIR rules to cover every possibility.  You're not willing to plan for failure because you don't want to admit failure is possible, which is vain.  Once you leap into this bell jar, the uncertainty of \"\"what happens if...\"\" will intrude itself into everyone's thoughts, slowly corroding your relationship.  It's a recipe for disaster.  That uncertainty puts her in a very uncomfortable position.  She has to labor to make sure the issue doesn't explode, so she's tiptoeing around you to avoid fights.  Every fight, she'll wonder if you'll play the breakup card and threaten to demand the money back.  The money will literally come between you. This is what money does.  Thinking otherwise is a young person's mistake of inexperience.  Don't take my word on it, contact Suze Orman and see what she says. Your lender is also not going to like those poorly defined lovers' promises, because they've seen it all before, and don't want to yet again foreclose on a house that fighting lovers trashed.  (it's like, superhero battles are awesome unless you own the building they trashed.)  This thing can still be done, but to remove this fraud of wishful thinking, you need to scrupulously plan for every possibility, agree to outcomes that are fair and achievable, put it in writing and share it with a neutral third party.  You haven't done it, because it seems like it would be awkward as hell - and it will be! - Or it will test your relationship by forcing direct honesty about a bunch of things you haven't talked about or are afraid to - and it will! - And to be blunt, your relationship may not be able to survive that much honesty.  But if it does, you'll be in much better shape.   The other passive fraud is taxes.  By not defining the characteristics of the payment, you fog up the question of how your contribution will be taxed (if it will be taxed). A proper contract with each other will settle that.  (there's an argument to be made for involving a tax advisor in the design of that contract, so that you can work things to your advantage.)  As an example, defining the payment as \"\"rent\"\" is about the worst you could do, as you will not be able to deduct any home expenses, she will need to pay income tax on the rent, but she can cannot take landlord's tax deductions on anything but the fraction of the house which is exclusively in your control; i.e. none.\""}
{"_id": "279024", "title": "", "text": "First you need to incorporate.  2) Build your websites &amp; setup social accounts 3) create content: photoshoots, marketing designs, etc  You should be creating your apparel designs at the same time as your site is being built and your product should be printed before the photoshoots.   If you need more in depth help. Message me."}
{"_id": "279027", "title": "", "text": "\"Reich is trying to highlight the disparity between the market price of a person's labor and the real social value of that labor. But while the former concept has a standard definition in modern economics, the latter does not, and Reich does not offer one. That is why I found the article dissatisfying. It's clear he is lamenting the disparity, but he gives no clue about what the disparity actually amounts to.  Case in point:  &gt; Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?  I would wager that whoever paid Cohen the money believes it pretty seriously. By rhetorically asking whether *anyone* so believes, Reich assumes away the existence of whoever pays Cohen. His tone throughout the rest of the article is similar. Yet this is precisely where Reich could have stepped in with a definition of social value, e.g.:  &gt; Stephen A. Cohen raked in $2.3 billion last year, despite being slapped with an $1.8-billion fine because of insider trading by his firm. Yet the social value of his work is far lower than $2.3 billion. Here's what I mean by \"\"social value\"\" and a way to approximate it...  Here is something Reich does say later on that is probably true and worth emphasizing:  &gt; Most financiers, corporate lawyers, lobbyists, and management consultants are competing with other financiers, lawyers, lobbyists, and management consultants in zero-sum games that take money out of one set of pockets and put it into another.  Of course, this is also true of many government officials, athletes, and social activists. But the concept of a socially wasteful zero-sum game--and its implications for welfare--ought to be much more widely understood by the general public. Reich should be praised for calling attention to some examples of it, but it would have been much better if he had dwelt on it a little more instead of just ranting.\""}
{"_id": "279029", "title": "", "text": "Well said .. but it's not like our defense industry gives the DOD an innovation discount. The only thing we get are export restrictions and it becomes game .. Make a next gen widget and earn the right to profit from your slightly obsolete (but still patented) cogs of war."}
{"_id": "279044", "title": "", "text": "TAPE-RITE is a convertor of adhesive tapes. That means we buy tape in bulk rolls and then we cut it to size in our on premises shop. Because we do it all ourselves it gets done fast at competitive pricing with high quality. This means you don't need to order too much stuff too far in advance. We hold on to the inventory and produce it to your order. This allows you to free up capital and warehouse space for other uses. For details call us at: 516-406-8294 / 800-532-2309 Fax at: 516.328.0344 E-mail at: sales@taperite.com visit us: http://taperite.com/"}
{"_id": "279047", "title": "", "text": "I didn't take too many finance or economics courses so i can't comment.   In my post I recommended the YouTube video or audiobook 'why an economy grows and why it doesn't'  I guess it's more economy related than finance related, but is still relevant as it touches on loans and net worth and stuff."}
{"_id": "279059", "title": "", "text": "Yes. In fact, it's explicitly mentioned in Publication 590-A that you can file before making the contribution, as long as you make the contribution before the deadline. Filing before a contribution is made.    You can file your return claiming a traditional IRA contribution before the contribution is   actually made. Generally, the contribution must be made by the due   date of your return, not including extensions."}
{"_id": "279072", "title": "", "text": "If you are diversifying just for diversification purposes then all you are doing is averaging down your returns. You shouldn't just buy two securities because you think it is safer than putting all your money into one. A better method is to use money management and position sizing to limit your risk and exposure in any one security. You should know what your maximum risk is before you buy any security and know when it is time to get out of it. There are better ways to manage your risk. Don't put all your eggs in the one basket - yes, but don't diversify just for diversification purposes."}
{"_id": "279079", "title": "", "text": "This merger will be approved because there is not a monopoly on Internet access. (Fast Internet access, on the other hand...)  Comcast and Time Warner do not substantially directly compete geographically. This map shows this. Thus, in the eyes of the regulatory bodies and the courts, competition for most *consumers* is not reduced because they do not have access to both Comcast and Time Warner.   I'm not saying that this merger is a good idea, just why it will likely be approved. Downvote me anyway."}
{"_id": "279089", "title": "", "text": "Dont pay just bounce. But make sure you leave a note and keys. Also dont leave anything thing for them to have to clean or remove. Also be prepared to surrender your security deposit. So if u want to leave in july pay julys rent and be out last week of July. Clean out etc...."}
{"_id": "279093", "title": "", "text": "Photograph booths are an excellent approach to make your wedding more enjoyable and they are in demand for so long. He can furnish you with best photo booth hire West Midlands for various occasions like corporate occasion, birthday party, wedding or it can be any of the moment of happiness. @ https://bluefinchphotography.co.uk/"}
{"_id": "279103", "title": "", "text": "\"I'm in agreement with what you write. I think these are good questions.  From my perspective I think the staggering growth of technology is both the cause and the answer to stagnating wage/productivity increase conundrum. Today a small business will hire a secretary to use email and Excel while in 1980 they would have hired a team of accountants with piles of ledger books. We are paying less employees while accomplishing more.   At the same time technology gives us all in the general public a higher standard of living through better phones, more access to cheap/free education, better health care, better infrastructure more cheaply than anyone in 1980 would have imagined.  What happens when we get to the point that any person that is halfway capable and not on drugs can survive just fine in a 40 hour workweek? If we got to that point, the normal barometers of rate of growth and wage stagnation and economic mobility would flatline. There would be people happy to live a stress-free life at that baseline \"\"survive just fine,\"\" and there would be people working their butts off to acquire more than anyone might need.   I think it all comes down to people wanting what someone else has and calling it unfair because they don't seem to deserve it more than anyone else. I think the real goal we should strive for is liberty and opportunity for anyone to pursue their form of improving their quality of life. Government intervention and distorted views of \"\"fairness\"\" tend to hinder that.\""}
{"_id": "279106", "title": "", "text": "I strongly suggest personal referral. Ask all of your friends/family/neighbors/co-workers/dog-sitter what they think of their brokers until you find someone who loves his broker. As for transferring assets, I've found it to be quite easy. It's in the new broker's best interest to get those assets, so he should be more than willing to help."}
{"_id": "279115", "title": "", "text": "Cable companies that sell internet access realize that high speed internet enables high speed TV distribution that bypasses cable.  Cable companies  (which operate as de facto monopolies) don't want competition for the highly lucrative and powerful TV distribution business and therefore use whatever dirty tricks they can come up with to frustrate both internet at higher speeds and internet provided by any other entities.  They know it's ultimately a losing battle but they'll remain obstinate for as long as they can."}
{"_id": "279121", "title": "", "text": "From what these people are saying, it is impossible for you to put $5,500 in if it were a Roth though, because the money has to be taxed. You are correct that this is wrong.  You can still put $5,500 in a Roth - the tax payment comes when you file, not when you make the investment.  This is when the Roth is better than a Traditional IRA, when you can invest the max either way.  Yes you get the tax break for the Traditional investment, and if you invest the tax savings you'll be in the same spot, all else being equal. If you only have a certain amount (after taxes) to invest, say $3,000 in a 25% marginal tax bracket, then it works out the same either way.  You can either invest $3,000 in a Roth and let it grow tax free, or put $4,000 in a traditional IRA since you can deduct $1,000 (15%) from your taxes when you file. Then your tax-adjusted balance when you withdraw is the same, since you'll have a lot more (33% more in fact) in your traditional IRA but will have to pay tax on the withdrawals."}
{"_id": "279125", "title": "", "text": "And meanwhile idiots like Lube go around talking about how we're all fucked. I like to do this quick trading in my Roth, where I don't have to even think about paying taxes on short term gains. Most people can afford the Roth. The people who can't do it are usually the people who don't qualify, in other words upper income people who include the 1%!!!"}
{"_id": "279149", "title": "", "text": "If your parents' business isn't viable (regardless of what combination of the economy or their management of it caused it not to be viable) it would seem that you'd be throwing good money after bad to save it. If the whole thing gets paid off, then they get rid of the debt, but the economy will still be in the tank and they'll be going in the hole again. If they think they're five years away from retirement, then they're kidding themselves.  They won't be able to retire. They should get bankruptcy advice and should start looking for other sources of income.  Maybe sell their house and get something smaller.  Have their expenses match their income. Sorry if this sounds harsh but it will be difficult for them to recover from this mess if they're in their late fifties."}
{"_id": "279151", "title": "", "text": "\"What you're looking for are either FX Forwards or FX Futures.   These products are traded differently but they are basically the same thing -- agreements to deliver currency at a defined exchange rate at a future time.   Almost every large venue or bank will transact forwards, when the counterparty (you or your broker) has sufficient trust and credit for the settlement risk, but the typical duration is less than a year though some will do a single-digit multi-year forward on a custom basis.  Then again, all forwards are considered custom contracts.  You'll also need to know that forwards are done on currency pairs, so you'll need to pick the currency to pair your NOK against.  Most likely you'll want EUR/NOK simply for the larger liquidity of that pair over other possible pairs. A quote on a forward will usually just be known by the standard currency pair ticker with a settlement date different from spot.  E.g. \"\"EUR/NOK 12M\"\" for the 12 month settlement. Futures, on the other hand, are exchange traded and more standardized.  The vast majority through the CME (Chicago Mercantile Exchange).  Your broker will need access to one of these exchanges and you simply need to \"\"qualify\"\" for futures trading (process depends on your broker).  Futures generally have highest liquidity for the next \"\"IMM\"\" expiration (quarterly expiration on well known standard dates), but I believe they're defined for more years out than forwards.   At one FX desk I've knowledge of, they had 6 years worth of quarterly expirations in their system at any one time.  Futures are generally known by a ticker composed of a \"\"globex\"\" or \"\"cme\"\" code for the currency concatenated with another code representing the expiration.  For example, \"\"NOKH6\"\" is 'NOK' for Norwegian Krone, 'H' for March, and '6' for the nearest future date's year that ends in '6' (i.e. 2016).   Note that you'll be legally liable to deliver the contracted size of Krone if you hold through expiration!  So the common trade is to hold the future, and net out just before expiration when the price more accurately reflects the current spot market.\""}
{"_id": "279155", "title": "", "text": "Non-target undergrad in the south, but I networked with right people. Through the finance clubs I got an equity research role for the school's investment fund and leveraged that for an interview at a home developer but the partners there ultimately went with someone else. They happened to be investors at the firm I currently work at and thought my background would make me a good fit. Once I started working there, I took on as many projects/responsibilities as I could. I'm actually in the process of partnering up with the trader to take on some outside investors and get his algos running. He's been trading for ~25 years and I couldn't believe what his returns were at first, so I'm fairly excited to work with him."}
{"_id": "279169", "title": "", "text": "I disagree strongly with the other two answers posted thus far. HFT are not just liquidity providers (in fact that claim is completely bogus, considering liquidity evaporates whenever the market is falling). HFT are not just scalping for pennies, they are also trading based on trends and news releases. So you end up having imperfect algorithms, not humans, deciding the price of almost every security being traded. These algorithms data mine for news releases or they look for and make correlations, even when none exist.  The result is that every asset traded using HFT is mispriced. This happens in a variety of ways. Algos will react to the same news event if it has multiple sources (Ive seen stocks soar when week old news was re-released), algos will react to fake news posted on Twitter, and algos will correlate S&P to other indexes such as VIX or currencies. About 2 years ago the S&P was strongly correlated with EURJPY. In other words, the American stock market was completely dependent on the exchange rate of two currencies on completely different continents. In other words, no one knows the true value of stocks anymore because the free market hasnt existed in over 5 years."}
{"_id": "279185", "title": "", "text": "\"Simplest way to answer this is that on margin, one is using borrowed assets and thus there are strings that come with doing that. Thus, if the amount of equity left gets too low, the broker has a legal obligation to close the position which can be selling purchased shares or buying back borrowed shares depending on if this is a long or short position respectively. Investopedia has an example that they walk through as the call is where you are asked to either put in more money to the account or the position may be closed because the broker wants their money back. What is Maintenance Margin? A maintenance margin is the required   amount of securities an investor must hold in his account if he either   purchases shares on margin, or if he sells shares short. If an   investor's margin balance falls below the set maintenance margin, the   investor would then need to contribute additional funds to the account   or liquidate stocks in the account to bring the account back to the   initial margin requirement. This request is known as a margin call. As discussed previously, the Federal Reserve Board sets the initial   margin requirement (currently at 50%). The Federal Reserve Board also   sets the maintenance margin. The maintenance margin, the amount of   equity an investor needs to hold in his account if he buys stock on   margin or sells shares short, is 25%. Keep in mind, however, that this   25% level is the minimum level set, brokerage firms can increase, but   not decrease this level as they desire. Example: Determining when a margin call would occur. Assume that an   investor had purchased 500 shares of Newco's stock. The shares were   trading at $50 when the transaction was executed. The initial margin   requirement on the account was 70% and the maintenance margin is 30%.   Assume no transaction costs. Determine the price at which the investor   will receive a margin call. Answer: Calculate the price as follows: $50 (1- 0.70) = $21.43 1 - 0.30 A margin call would be received when the price of Newco's stock fell   below $21.43 per share. At that time, the investor would either need   to deposit additional funds or liquidate shares to satisfy the initial   margin requirement. Most people don't want \"\"Margin Calls\"\" but stocks may move in unexpected ways and this is where there are mechanisms to limit losses, especially for the brokerage firm that wants to make as much money as possible. Cancel what trade? No, the broker will close the position if the requirement isn't kept. Basically think of this as a way for the broker to get their money back if necessary while following federal rules. This would be selling in a long position or buying in a short sale situation. The Margin Investor walks through an example where an e-mail would be sent and if the requirement isn't met then the position gets exited as per the law.\""}
{"_id": "279194", "title": "", "text": "Yes I feel like a lot of people are intimidated of going to a local sports bar so BWW is a safe choice. If you notice most of the people there seem to skew younger. Once they get older, they go to local pubs. BWW is an intro bar / restaurant."}
{"_id": "279219", "title": "", "text": "There's never been a good micropayment system on the internet.  Credit card and paypal transaction costs are too high, and the whole thing takes too long.  The hassle of a credit card transaction only makes sense if you are making a major (5$ and up) purchase.  For micropayments there should be no lower limit on amounts, and contributing should take under a second.  Like a button that contributes 5 cents."}
{"_id": "279229", "title": "", "text": "The financial reasons, beyond simply owning your home outright, are: You're no longer paying interest. Yes, the interest is tax-deductible in the U.S. (though not in Canada), but the tax savings is a percentage of a percentage; if you paid, say, $8000 in interest last year, at the 25% marginal rate you effectively save $2000 off your taxes. But, if you paid off your home and had that $8000 in your pocket, you'd pay the $2000 in taxes but you'd have $6000 left over. Which is the better deal? In Canada, the decision gets even easier; you pay taxes on the interest money either way, so you're either spending the $8000 in interest, lost forever as cost of capital, or on other things. Whatever you're earning is going into your own pocket, not the bank's. Similar to the interest, but also including principal, a home you own outright is a mortgage payment you don't have to make. You can now use that money, principal and interest, for other things. Whether these advantages outweigh those of anything else you could do with a few hundred grand depends primarily on the rate of return. If you got in at the bottom of the mortgage crisis (which is pretty much right now) and got a rate in the 3-4% range, with no MIP or other payment on top, then almost anything you can do with the amount you'd need to pay off a mortgage principal would get you a better rate of return. However, you'll need some market savvy to avoid risks.  In most cases when someone has pretty much any debt and a big wad of cash they're considering how to spend, I usually recommend paying off the debt, because that is, in effect, a risk-free way to increase the net rate of return on your total wealth and income. Balancing debt with investments always carries with it the risk that the investment will fail, leaving you stuck with the debt. Paying the debt on the other hand will guarantee that you don't have to pay interest on that outstanding amount anymore, so it's no longer offsetting whatever gains you are making in the market on your savings or future investments."}
{"_id": "279241", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://hackernoon.com/cryptoeconomics-paving-the-future-of-blockchain-technology-13b04dab971?source=linkShare-2ce646a74d1c-1500791146) reduced by 96%. (I'm a bot) ***** &gt; When you dig deep enough into the concepts underlying blockchain technology and specific systems built on it, you will find that they heavily incorporate cryptoeconomic tools specifically designed to minimize the impact of evildoers and hostile actors.  &gt; Cryptoeconomic Assumptions of BehaviorThe exciting thing about cryptoeconomics is that its terminology and theory are being pioneered day-by-day by blockchain developers and thought leaders.  &gt; To underscore the cutting-edge innovation within this field, some of the terms associated with cryptoeconomics have less than 100 results when googled at the time of writing! While many of the ideas in this area are very theoretical, rest assured that their application will have incredible consequences on the development and adoption of blockchain technology.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6p2tm0/cryptoeconomics_paving_the_future_of_blockchain/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~173828 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **cryptoeconomic**^#1 **Bitcoin**^#2 **attack**^#3 **protocol**^#4 **blockchain**^#5\""}
{"_id": "279253", "title": "", "text": "Usa is at the point where we either tell all the countries that we aren't paying the debt or keep pretending that one day we will be able too. Our economy relies so much on military and government spending that if we cut it too much at once we risk a shock to the market. If we cut slowly we might be able to turn the country's budget to positive and start paying but so much debt and so much spending it could be a hundred plus years."}
{"_id": "279288", "title": "", "text": "\"Simple answer: Yes  A better question to ask might be \"\"Should I invest all my savings to buy 4 shares of a single stock.\"\" My answer to that would be \"\"probably not\"\". If this is your first venture into the world of owning publicly traded companies, then you're better off starting with some sort of mutual fund or ETF. This will start your portfolio with some amount of diversification so you don't have all your eggs in one basket. If you really want to get into the world of picking individual stocks, a good rule of thumb to follow is to invest $1 in some sort of indexed fund for every $1 you invest in an individual stock. This gives you some diversification while still enabling you to scratch that itch of owning a part of Apple or whatever other company you think is going in the right direction.\""}
{"_id": "279291", "title": "", "text": "\"The UTMA is actually very liberal in how custodians can spend the money: \"\"A custodian may deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the custodian considers advisable for the use and benefit of the minor . . . .\"\"  A custodian might reasonably consider expending the UTMA money on groceries the benefit the child, for instance.\""}
{"_id": "279303", "title": "", "text": "Over the long run, yeah I agree that that the technology consumers have and their real incomes have gone up. However, people don\u2019t live their lives in the long run, their experiences are firmly centered in the short run. People marry, have children, move, start work, lose work, suffer health problems, divorce, homelessness all in the short run.   When you zoom in from the long run view, life and individual fortunes seem a bit more dependent on luck and relative positioning than long run technological or economic trends. This is exacerbated by our political system where money seems to positively correlate with the ability to wield political power. Folks with political power can engineer changes that can improve their bottom line through zero sum political games (think taxes, regulation, etc) and maybe even turn a short run advantage (starting a successful business, generating wealth) into a longer run advantage (eliminating taxes on inheritance, potentially cementing family wealth for generations)."}
{"_id": "279315", "title": "", "text": "The simple undeniable truth is that the Jews are at the root cause of all strife and misery and terrorism in the world today.  There is a sufficient body of evidence to seriously challenge the Jewish version of the what you call the Holocaust, don't take my word for it see for yourself  https://www.reddit.com/r/holocaust/  And what ever the case it does not give the Jews the right to establish an apartheid state and violate the Human rights of the Palestinian nation for the last 50 years  And its time for America to question why we have abandoned all that we believe in and all that we hold sacred, so Jews can steal more land, and more importantly why are less than 1% of the population governing the economy and government and dragging us into wars that mean nothing to us.  It needs to be said, and heard"}
{"_id": "279317", "title": "", "text": "I have a buddy that used to run one of those companies that buys gold like the ones you see on TV. Here's the deal... 1) If the jewelry isn't total junk, get it appraised. Making raw materials into jewelry obviously increases the value since you can't buy jewelry for the price of raw gold. In many cases it will be worth more as jewelry, but not always. Depends on the piece. 2) Those companies generally rely on the fact that people selling jewelry to a gold dealer are in a hurry to get cash and are very negotiable on what they will take for it. Depending on how predatory they are, you will probably get between 50 and 75% of the market rate. They make a living on the spread and people's need for quick cash. They usually resell it immediately to a 3rd party that actually melts it down and resells it.  So the short answer to your question is no, you won't get close to market value with these companies. You would do better if you didn't have to go through the middle man, but then those final buyers aren't generally the ones who have set up shop to deal with the general public."}
{"_id": "279319", "title": "", "text": "On the off chance that your indebted person is unwilling to pay and you know they have the methods, it's a great opportunity to utilize your neighborhood sheriff. You have three alternatives to gather: a bank exact, wage garnishment, or a land lien.  It sounds like you'll have to contact your nearby police/sheriff's specialty and they can additionally enable you to out and get you your cash."}
{"_id": "279329", "title": "", "text": "One big factor that no one has mentioned yet is whether you believe in a deflationary or inflationary future. Right now, we are leaning towards a deflationary environment so it makes sense to pay off more of the debt. (If you make just one extra payment a year, you will have paid off your house 7 years early). However, should this change (depending on government and central bank policy) you may be better off putting down the very minimum.  In a year or three from now, you should have a clearer picture. In the meanwhile, here is a recent Business Week article discussing both sides of the argument. http://www.businessweek.com/magazine/content/10_28/b4186004424615.htm"}
{"_id": "279336", "title": "", "text": "100% this. I have two BW3's in the area. One closed down and reopened in a new plaza. The one that closed was absolutely horrendous. Incorrect orders, raw wings, hair in food, etc. The other one was/is really good. I think the one that closed had to move due to it's poor reputation. Everyone would go out of the way to go to the one on the other side of town.   Also, I went to one in St. Clairsville OH. Fucking horrible. Gross, worst service, and I got a raw chicken sandwich. All the manager could tell me was he would throw it back on the grill... Are you serious?"}
{"_id": "279339", "title": "", "text": "Yes, but how does that compare to those with multiple houses?  I build homes in the Seattle area for a living and one lifestyle who own several rentals... One thing them do is use equity for their 4 homes to purchase another.. Writing off the the interest paid on the loan(s)...  I'm not saying it's a deduction normal people don't use... I'm just saying that it strikes me as a deduction that the wealthiest  landlords use more with better results..."}
{"_id": "279346", "title": "", "text": "COBRA provides you the option to continue your coverage as you had during your employment, after you leave your job. It is optional, you need to actively elect it. Once you elect, coverage starts from the day your employment coverage ends. So to answer your questions: Yes, it is legal. You elected this yourself, no-one forced you. You cannot get your money back. You did have coverage in June-July-August, since your COBRA election provided coverage from the date you left your job. As to cancellation, from the DOL FAQ: Q12: Can continuation coverage be terminated early for any reason? A group health plan may terminate coverage earlier than the end of the   maximum period for any of the following reasons: If continuation coverage is terminated early, the plan must provide   the qualified beneficiary with an early termination notice. The notice   must be given as soon as practicable after the decision is made, and   it must describe the date coverage will terminate, the reason for   termination, and any rights the qualified beneficiary may have under   the plan or applicable law to elect alternative group or individual   coverage. If you decide to terminate your COBRA coverage early, you generally   won't be able to get a Marketplace plan outside of the open enrollment   period. For more information on alternatives to COBRA coverage, see   question 4 above."}
{"_id": "279352", "title": "", "text": "Yes, for sure. I always like to be called out on incorrect opinions. I've written business blogs for 5-6 years now - on topics ranging from investing to industry to wellness - and it's really helpful to get feedback on my thinking. While I consider myself pretty knowledgeable, there are other very smart people out in the world who can sometimes adjust my thinking."}
{"_id": "279356", "title": "", "text": "\"Having just come back from China, two things regarding its continued growth on this topic stuck out to me:  1) The need and want for high quality American Made goods - the Chinese acknowledge they are the kings at manufacturing things en masse, and that the Americans are the kings at making things that can last for life.  2) China is slowly starting to push manufacturing off to African countries as they continue to rise.  Given that, it should be noted that once you leave a large city like Beijing or Shanghai and see the \"\"real China\"\" you can see how the country is artificially propped up by the government. Everything from real estate to its tech giants. A recession is looming there and could hit it hard.    One quick edit: As Americans, we are often force fed this notion that the Chinese hate us, and all of this other nonsense. It is actually quite the opposite. While there is a fair level of blind kool-aid drinking and communist party following, the Chinese people actually love American citizens and very much want what we have. The Chinese word for United States is M\u011bigu\u00f3, which means beautiful country.\""}
{"_id": "279360", "title": "", "text": "If you can find data to support that conclusion then great, but the trend for 99% of countries has been the opposite.   http://www.pewglobal.org/2017/06/26/u-s-image-suffers-as-publics-around-world-question-trumps-leadership/  The Chinese government likes Trump because he\u2019s a useful idiot.  He is tarnishing America\u2019s reputation and allowing China to eclipse the U.S. at a faster rate on the global stage.  If they like him it\u2019s, because he benefits them, not because he\u2019s a good president.  That being said, they don\u2019t like what he has done with North Korea recently.  They don\u2019t like what he has said about Taiwan.  They don\u2019t like his criticisms on trade."}
{"_id": "279393", "title": "", "text": "head of his department probably does it in for him but 80 hours is still incredibly insane. I know neurosurgeons who dont work that much after residency. fuck, Ive lived with multiple surgeons thru out life in their residency process and it wasnt that bad every week."}
{"_id": "279394", "title": "", "text": "**OUR FIRM**  Established in 1945, [P. C. Woo &amp; Co.](http://www.pcwoo.com/about.html) has served Hong Kong with quality, efficient services for over 65 years. We are conveniently located in the central business district of Hong Kong with a network of associates in major cities throughout Mainland China and the world.  We offer a wide spectrum of professional legal services in the areas of: Commercial &amp; Corporate, Property, Litigation &amp; ADR, Probate &amp; Trusts, , China Practice , Corporate Governanceand Pro bono Work. Our broad range of clients includes government departments, public authorities, listed companies, commercial corporations, educational institutes and charities.  P. C. Woo &amp; Co. is honored to be in an MOJ approved Association with ZhongLun W&amp;D Law Firm and get the Beijing Municipal Bureau of Justice approval for our Jinan branch office on 25th February 2011. As part of this association, P. C. Woo &amp; Co. will be positioned to service the needs of clients in Beijing, Shanghai, London, Riyadh, Shijiazhuang, Chengdu, Nanjing, Tianjin, Wuhan, Taiyuan, Jinan, Shenzhen, Guangzhou and Hong Kong.  **OUR VISION**  We aim to create a positive and lasting impact on our profession and community through our dedication to effectively serving clients in Hong Kong, Mainland China, and internationally.  **OUR MISSION**  To uphold our commitment to offering:  \u2022 To our clients, high quality work and cost-efficient services.  \u2022 To our staff, fulfilling careers and professional satisfaction.  \u2022 To our legal profession, unyielding integrity as members of the profession, continuing support for legal education, and career opportunities for law graduates.  \u2022 To our community, the responsibilities of a good corporate citizen."}
{"_id": "279396", "title": "", "text": "Stocks, Bonds, Bills, and Lottery Tickets notes the work of Fama and French who researched the idea of a small-cap premium along with a value premium that may be useful to note in terms of what has outperformed if one looks from 1926 to present. Slice and dice would also be another article about an approach that over weights the small-cap and value sides of things if you want another resource here."}
{"_id": "279401", "title": "", "text": "\"Writing options means \"\"selling\"\" options and \"\"put\"\" options are contracts to sell a defined security (the underlying), at a specific date (expiration date) and at a specific price (strike price). So, writing put options simply mean selling to others contracts to sell. Your profit is limited to the premium but your loss may be unlimited in a falling market.\""}
{"_id": "279403", "title": "", "text": "What you have exampled is essentially the Amazon paradox.  Why would someone shop only in one place?  Convenience, ease, familiarity, one credit card storage, etc.  I have ordered an item from Amazon because of the ease and it has been shipped to me in a Wal Mart box.  People do this all the time and is basically why there are marketplace sellers on Amazon."}
{"_id": "279431", "title": "", "text": "True, but these bitcoin/disruption posts seems like more bitcoin nuts holed away in studio apartments writing in there blogs about a future economic doomsday collapse while trying to earn a living gaming Amazon.com or selling advertising on youtube."}
{"_id": "279456", "title": "", "text": "Ehm, the 2008 crisis was effectively a debt crisis. Debt levels are  higher now than in 2008 and default rates are on the rise. Furthermore the ability for monetary policy to absorb has been spent. What helped in 2008 was the high savings rate of China. Now even china is in a debt bubble.  Stocks are beyond expensive in a historical context, and the reason is, with money so cheap where else do you stand to get some return? This crash is coming... not sure when as market timing is impossible, but i would advise you to take a big crisis into account in your planning...,"}
{"_id": "279466", "title": "", "text": "\"There are a few things that trader Joes sells that can't be beat by any other chain:  They sell fine cheeses at prices far below what I've seen at normal grocery stores.  Their wine/beer selection is huge and often sold at an incredibly good price. Their liquor is good too, their white label \"\"Joe's\"\" brand liquors are usually really good and taste like double what you paid.  Their produce is not great, but noy bad. Their snacks are awesome and oftentimes exclusive to trader Joes. I also think their coffee can't be beat.\""}
{"_id": "279480", "title": "", "text": "\"This answer is based on my understanding of the US banking system.  We have check cashing businesses here too, which are just like what you describe, except for the spelling :-) Let's consider what \"\"cash it for free at the bank\"\" really means, and why it might not be an option for everyone.  One key issue is \"\"which bank?\"\" As an example, suppose that I have an account at ABC Bank.  I take out my checkbook for that account and write you a check for $500.  (Terminology: In this case, I am the drawer or maker of the check, ABC Bank is the drawee bank, and you, user54609, are the payee.  Disclaimer: \"\"You\"\" here is meant as a generic pronoun and I do not mean to insinuate that anything here actually applies to you personally.) There are two common things you might do with the check: If you have an account at some bank, say XYZ Bank, you might take the check to XYZ Bank and deposit it in your account.  (You might be able to do this through an ATM, mobile app, or by mail, instead of in person.)  XYZ Bank does not have a way to verify with certainty that the check is valid (e.g. they don't know what my signature looks like, nor whether I actually have $500 in my account at ABC), so they send it to ABC Bank, which verifies the check and transfers $500 to XYZ.  (This is usually done through a central clearinghouse, such as the Federal Reserve in the US, and in some cases an image of the check may be sent electronically, instead of the physical check.)  This process takes some time, so XYZ may not make the $500 available to you right away - there may be a hold period before you can withdraw that $500 from your account. You could take the check to ABC Bank, in person.  They will verify on the spot that the check is valid and that you are in fact user54609.  If everything looks good, they will hand you $500 in cash (perhaps subtracting a fee of a few dollars). Now we can see some possible problems with each of these approaches. For 1: Maybe you don't have a bank account at all.  There are many possible reasons: You don't have enough money to meet the minimum balance that a bank account would require. You used to have an account, but you overdrew or otherwise misused an account, so the bank closed it.  They then entered you in a registry such as ChexSystems which ensures that other banks know about this, and so no other bank will open a new account for you. You immigrated to the country illegally and cannot get the documents (driver's license, social security number, etc) that a bank normally requires to open an account. You simply don't like the idea of keeping your money in a bank. Maybe you do have an account at XYZ Bank, but it's in another town.  You need the cash today, so you can't use mail or a mobile app, and third-party ATMs usually don't accept deposits. Maybe you need to spend the money today, and XYZ Bank would place a hold. For 2: ABC Bank may not have a branch you can conveniently visit.  Maybe the nearest one is a long way away, in another city or across the country.  Or maybe ABC is an online bank with no physical branches at all.  Maybe it's in the same city, but you don't have transportation to get you there.  Or maybe it's simply less convenient than the check-cashing business on the corner. Maybe it is after usual banking hours, or a weekend, and ABC Bank is closed, but you need cash now. In any of these situations, \"\"cash it at the bank\"\" might not be a viable option, and so you might reasonably turn to a check cashing business instead.  As you say, you will pay a much higher fee there, but maybe it is worth it to you, or you just don't have any choice. Another possibility, of course, is that you are poorly educated about the banking system, and you don't really understand that 1 and 2 are options, or how to go about them.  But there's this storefront on the corner that says \"\"Check Cashing\"\", so this seems like a low-stress, uncomplicated way to exchange this piece of paper for money.   As such, there certainly are people who legitimately might want to cash a valid check at a check-cashing business.   Check cashing business do of course take some risk of fraud, since they can't necessarily verify the check.  There are sometimes steps they can take to minimize this risk.  Sometimes they can call ABC Bank and check that I have sufficient money in my account.  Maybe they'll only accept certain kinds of checks, such as payroll checks from well-known companies for which you can produce a matching pay stub.  And they can demand identification from you (perhaps allowing more flexible options than a bank), which helps ensure that you are the payee, and would make you easier to track down if you did commit fraud.   But they will probably lose some money this way, so they will have to make their fees high enough to cover those losses.\""}
{"_id": "279488", "title": "", "text": "To start, I hope you are aware that the properties' basis gets stepped up to market value on inheritance.  The new basis is the start for the depreciation that must be applied each year after being placed in service as rental units. This is not optional. Upon selling the units, depreciation is recaptured whether it's taken each year or not. There is no rule of thumb for such matters. Some owners would simply collect the rent, keep a reserve for expenses or empty units, and pocket the difference. Others would refinance to take cash out and leverage to buy more property. The banker is not your friend, by the way. He is a salesman looking to get his cut. The market has had a good recent run, doubling from its lows. Right now, I'm not rushing to prepay my 3.5% mortgage sooner than it's due, nor am I looking to pull out $500K to throw into the market.  Your proposal may very well work if the market sees a return higher than the mortgage rate. On the flip side I'm compelled to ask - if the market drops 40% right after you buy in, will you lose sleep?  And a fellow poster (@littleadv) is whispering to me - ask a pro if the tax on a rental mortgage is still deductible when used for other purposes, e.g. a stock purchase unrelated to the properties.   Last, there are those who suggest that if you want to keep investing in real estate, leverage is fine as long as the numbers work. From the scenario you described, you plan to leverage into an already pretty high (in terms of PE10) and simply magnifying your risk."}
{"_id": "279508", "title": "", "text": "&gt; Correct - I believe in freedom.  Clearly, the freedom to succeed if you can add productivity and the freedom to fail if you can't.  Follow-up question: In your system what should happen to the people who can not be productive either by handicap or a lack of skills?"}
{"_id": "279519", "title": "", "text": "The entire world came together and agreed America should be fined for its over indulgences or success, pay for the bulk of the costs, give all the power and control over to a foreign leader most likely one from an impoverished country. Allow China and India to decimate their environment while reaping all the benefits of manufacturing without an environmental restrictions. Allow foreign companies such as American companies to get obscene tax benefits by relocating to China or India, replacing American workers with foreign locals. Of course the world wants this- as do liberals. Liberals saddled with guilt hating free enterprise and constantly being  in search for a new cause to make them feel good about them selves. Moral superiority. Climate change fits the bill. Sound fair ?"}
{"_id": "279522", "title": "", "text": "This is potentially a real risk to Google. The odds of such a huge success it decreases Google's profits are tiny (I think). But there is a real risk that the increase in Google's profits going forward are materially affected by a well done competitor to Adsense.  If Amazon took away 10% of what Google's Adsense business 4 years from now would have been that is likely material to Google's earning. Not huge but real.  Even losing the ads on Amazon's web site is likely noticeable (though not a huge deal I would guess to Google - though to most companies it would be a huge lose).  There is even the potential Google has to reduce their profitability on AdSense to compete - giving web sites a better cut of revenue.  That said I think Amazon has plenty of challenges to making it an effective competitor to Google. But they have a chance. And there is even a small chance (very small I think) that Amazon could create a competitor that actually results in noticeably (say over 15%) declining revenue to Google via Adsense. Likely even in this case Google continues to grow profit as a company overall.  Google revenue from ads from their own websites are the most important earnings and likely to continue to be so. Also new business (non web-ad-income) is growing and I think will continue to do so (this is likely an area some might find more questionable)."}
{"_id": "279527", "title": "", "text": "\"You ended up quitting, right? In that case, you had no reason not to go into your bosses office and say, \"\"You just hired Bill at X salary, when I've been at the company longer, do the same job, and only make Y. Either give me a raise to X or above, or I quit, take my experience and knowledge of your business with me, and you have to hire someone new to do my old job and pay them X anyway.\"\"\""}
{"_id": "279532", "title": "", "text": "Simply thinking about how to deal with the phenomena of people going to stores, trying the product, and then going online to buy it. Another post stated that people just go to malls to do this, but given how badly malls have suffered we might find ourselves in a scenario where malls just go away completely- and what then?"}
{"_id": "279534", "title": "", "text": "Utilization is near real-time. What that means is that what is reported is what is taken in terms of debt-to-income (DTI) ratios. When a mortgage broker pulls your credit, they will pull the latest balances with the minimum payments. This is what is taken to determine DTI along with your gross monthly income. If you do not pay your account in full before the statement date, then you more than likely will have to wait an additional statement cycle before it reports to the credit bureaus. Therefore, your utilization is dynamic and the history of your utilization month-to-month is not recorded forever. Only the current balance. What is maintained and reported is your payment history. So you want to never be late if you want to be approved anytime soon for a mortgage. A lower DTI will not help your interest rate. As long as you stay away from the maximum DTI for the mortgage vehicle you are attempting to be approved for (VA, FHA, Conventional, etc), then your DTI should not be a concern. If you are borderline at the time of underwriting, you can take the opportunity and pay off the balances. The mortgage company can then do what is called a credit supplement which entails contacting those lenders where you have proven you have a zero balance and manually input the zero balance cards, that have not yet reported to the bureaus, in your final application to the mortgage company for underwriting approval."}
{"_id": "279538", "title": "", "text": "\"Yes, you can deduct up to your Adjusted Gross Income (AGI) or your contribution limit, whichever is lower. Note that this reduces your taxable income, not your taxes.  This is self-employment income, which is included as compensation for IRA purposes.   You still have to pay self-employment taxes (Social Security and Medicare) though.  You pay those before calculating AGI.  So this won't entirely shield your 1099 income from taxes, just from income taxes.   Note that if you have both W-2 and 1099-MISC income, you don't get to pick which gets \"\"shielded\"\" from taxes.  It all gets mixed together in the same bucket.  There may be additional limitations if you are covered by a retirement plan at work.\""}
{"_id": "279539", "title": "", "text": "\"I'd say that it's more like 75% to 80%.  Here's why:  the amount of time required to find a new job (should you lose your current one) is at an all time high (something like a year and a half if you factor in the \"\"discouraged workers\"\").  So, your emergency fund, if it is going to plan for truly disastrous scenarios such as job loss, needs to be able to handle monthly expenses for a year and a half.  I would also throw in a re-education component to that as well, because you're more than likely going to need to retrain (if for no other reason than to tell prospective employers that you voluntarily took some time off to go back to school, so they don't shit can your resume before they even let you interview).\""}
{"_id": "279570", "title": "", "text": "\"First, the limit this year is $16,500, $22,000 for age 50 or older. Next, does the company give you any match? If so, how much? Some will match your deposits dollar for dollar up to a certain percent of your pay. If you make $50k and deposit say 6%, that's $3k matched by company, for example. This deposit/match is the first priority.  Next, you should understand the expenses in the account. A bad 401(k) with high cost quickly negates any tax deferral benefit. The 401(k) options also may be limited, what are the choices of investments?  Is your income high enough that you can save $21,500? One thought is to save enough to drop back out of the 25% bracket, and go Roth after that. This is a good balance for most. By the way, Fairmark is a great site to see what bracket you are in. If your return is simple, you can just find your standard deduction and exemption numbers and get to your taxable income very simply. The debate of of Roth vs Pretax (for both IRA and 401(k) accounts) can get pretty complex, but I found the majority of earners falling into the \"\"live in the 15% bracket, tops\"\" range.\""}
{"_id": "279571", "title": "", "text": "\"&gt; Why are self checkout lanes always available? Because people don't want the do extra work  no, it's because they are horrible  e.g. the damned voice squawking shit like \"\"please remove your item from the bag\"\".  Fuck You, voice.  or try finding your vegetable or herb on their screen.  or it weighing your apples @ 40 pounds.  it simply does not work consistently\""}
{"_id": "279577", "title": "", "text": "\"Welp, considering he did drop the TPP and exited the Paris agreement those particular \"\"bullshit\"\" lines were proven quite true.  The courts and congress have held up his immigration policies or those would have been implemented as well so again, not lines.  And the cutting of funding for UN and other global political organization is also very real as well so I'm not 100% sure what your are getting at here with this.  As far as me being \"\"had\"\" I am again not quite sure what you are getting at as I specifically said they could turn out to be campaign promises or, as you so eloquently put it \"\"bullshit lines\"\".  So far, to the extent these things are wholly in his power he has actually done quite well towards attempting to implement or pushing for implementation of most of his policies he espoused during the campaign.  Although, I will certainly agree with you that US politics is largely filled with bullshit lines designed to appeal to right or left wing bases while both parties continue to ignore them or flat out contradict them while in office.    Unfortunately, this all has very little to do with whether or not we should be surprised by Zuckerberg attending a tech meeting.  Which again, was my original point.\""}
{"_id": "279585", "title": "", "text": "Bingo.  Unless you're on the labour side of producing kiosks.   Should be very few of them.  I don't understand mentality.  People look at a teachers dispute and make a claim that they don't deserve more money for the work they do.     Yet we can all point the finger at each other and judge who deserves what.   What we should be doing is saying: why not me too?    I once worked on this marketing campaign where I had to hold up a protest sign to draw attention to people doing some flyer giveaway.   It's amazing how many people shit on me.      There is a rather angry block of people who will hate you for holding up a picket sign no matter what.   They don't think."}
{"_id": "279586", "title": "", "text": "\"A thorough ignorance of history, and economic principles, and substituted in its place an indoctrination into socialistic dogma.  Ignorance of the fact that in America the poverty levels were steadily decreasing ... until the \"\"welfare\"\" system was created.  Ignorance of the fact that similar systems (previously called \"\"poor laws\"\") had been tried, and roundly failed in the past, etc.  But left-wing drones don't really comprehend reality, and much like computers, the GIGO principle applies.\""}
{"_id": "279588", "title": "", "text": "\"When the VC is asking what your Pre-Money Valuation is, he's asking what percentage of shares his $200,000 will buy. If you say your company is worth $800K, then after he puts the money in, it will be worth $1M, and he will own 20% of all shares \u2013 you'll still own the remainder. So when the VC is asking for a valuation, what he really wants to know is how much of your company he's going to own after he funds you.  Determining your pre-money valuation, then, is a question of negotiation: how much money will you need, how likely are you to require more money later (and thus dilute the VC's shares, or give up more of your own shares), how likely is your business to survive, and how much money will it make if it does survive? It isn't about the actual value of your business right now, as much as it is \"\"how much work has gone into this, and how successful can it be?\"\" The value is going to be a bit higher than you expect, because the work is already done and you can get to market faster than someone else who hasn't started yet. VCs are often looking for long shots \u2013 they'll invest in 10 companies, and expect 7 to fail, 2 to be barely-profitable, and the last one to make hilarious amounts of money. A VC doesn't necessarily want 51% of your company (you'll probably lose motivation if you're not in charge), but they'll want as much as they can get otherwise.\""}
{"_id": "279601", "title": "", "text": "Moving your office to St. Louis? A move, be it local or interstate move, is always stressful because you need to shift an entire office to another place. Planning and co-ordination are necessary steps in such cases and the best way to organize things is to hire professional movers."}
{"_id": "279606", "title": "", "text": "Reading IRS Regulations section 15a.453-1(c) more closely, I see that this was a contingent payment sale with a stated maximum selling price. Therefore, at the time of filing prior years, there was no way of knowing the final contingent payment would not be reached and thus the prior years were filed correctly and should not be amended. Those regulations go on to give an example of a sale with a stated maximum selling price where the maximum was not reached due to contingency and states that in such cases: When the maximum [payment] amount is subsequently reduced, the gross profit ratio will be recomputed with respect to payments received in or after the taxable year in which an event requiring reduction occurs. However, in this case, that would result in a negative gross profit ratio on line 19 of form 6252 which Turbo Tax reports should be a non-negative number.  Looking further in the regulations, I found an example which relates to bankruptcy and a resulting loss in a subsequent year: For 1992 A will report a loss of $5 million attributable to the sale, taken at the time determined to be appropriate under the rules generally applicable to worthless debts. Therefore, I used a gross profit ratio of zero on line 19 and entered a separate stock sale not reported on a 1099-B as a worthless stock on Form 8949 as a capital loss based upon the remaining basis in the stock sold in an installment sale.  I also included an explanatory statement with my return to the IRS stating: In 2008, I entered into an installment sale of stock. The sale was a contingent payment sale with a stated maximum selling price. The sales price did not reach the agreed upon maximum sales price due to some contingencies not being met. According to the IRS   Regulations section 15a.453-1(c) my basis in the stock remains at $500 in 2012 after the final payment. Rather than using a negative gross profit ratio on line 19 of form 6252, I'm using a zero ratio and treating the remaining basis as a schedule-D loss similar to worthless stock since the sale is now complete and my remaining basis is no longer recoverable."}
{"_id": "279617", "title": "", "text": "\"Without factoring in cost of living that's a pretty ignorant statement. 100k a year in SF really isn't that much. Similar situation in NYC. Most other places in the country that statement might be true but when your average 1200 sq ft 3 bedroom house costs north of 800,000. 100,000 a year stops feeling like a \"\"fuckton\"\"\""}
{"_id": "279636", "title": "", "text": "Fair enough. The economy isn't doing so well, and employment is struggling. Still, by no stretch of the imagination do real jobs with benefits not exist anymore. Yes, unemployment and part-time status combined sum to tens of millions of people, but that number is still smaller than the number of people with full-time employment status.  I feel for anybody who doesn't have a good job situation, but things will get better eventually."}
{"_id": "279657", "title": "", "text": "EU and North America long term strategy is to tell Russia that it doesn't get to do whatever the hell it feels like (I.e. taking crimea).  EU and North America long term strategy is to lower EU dependence on Russian gas, and possibly fond a way to increase imports of Canadian or US gas.   Now, I'm not saying this whole thing isn't stupid. In many ways it is. Indeed Ukraine should have stuck with Russia (they are not in the position to join EU). However, due to circumstances it happened.   I fully agree that it will hurt everyone, but it's going to (and has) hit Russia much harder than many Russians care to admit."}
{"_id": "279677", "title": "", "text": "\"**The 25% is an utterly meaningless statistic absent the age-demographic breakdown.**  One would easily expect the 18 to ~30 year age group to have little in the way of savings (and the 18 to 30 year age group is &gt; 20% of the population by itself).  This is (like the \"\"upper X% have more net worth than the lower YY%\"\") yet another one of these idiotic/inane/misleading abuses of aggregate statistics.  Also, this really isn't \"\"news\"\" in that it isn't anything *new* -- for the majority of Americans \"\"savings\"\" pretty much disappeared a couple of decades ago.\""}
{"_id": "279683", "title": "", "text": "If you leave without having met all the obligations in the contract they could sue you for the money. The size of the company may mean that they are experienced in collecting their debts. The insurance they made you pay for, may pay them back if they meet all the requirements in the policy. That means that you will have to read the terms of the policy to see if the insurance company will come after you for the losses. It is likely that your skipping out early while owing money will be attached to your credit history without your SSN."}
{"_id": "279693", "title": "", "text": "There is (almost) always money involved somewhere, but it doesn't have to come from you.  It can be investors, credit cards, or even seller-financing (I've done all 3). Examples: If you can find partners with the money to make the deals happen, then your job is to put the deal together.  Find the properties, negotiate the price, even get the property under contract (all without any obligation or cost on your part... yes it absolutely can be done).  Then your partners will fund the deal if it's good enough and their terms are met, etc. In some areas you can put a property on a credit card.  If you find a house say for $25,000 that will rent for $300/month, and you can put it on a credit card (especially at zero percent for a year or something similar), then you can generate cashflow as a landlord without putting up any cash of your own on the purchase.  Of course there are many risks associated with landlording and i could tell you horror stories... but we're not addressing that here. You can negotiate a sale with an owner who agrees to finance the entire purchase for you.  I once purchased 3 properties at once this way from a seller who financed the entire sale, all closing costs, everything, this way.  Of course they needed a lot of repair and such so I had to fund that another way, but at least the purchase itself cost me no money out of pocket. So these infomercials/courses are not inherently scams in the sense that what they are teaching is (usually... I'm sure there are exceptions) true.  However they generally give you enough information to get into trouble, and not out.  But that's what true learning is... it's getting into trouble and finding a way out that doesn't kill you.  =)  That's called experience, and you can't buy that for any price."}
{"_id": "279695", "title": "", "text": "&gt; I'd be happy to look at any entry-level SW engineering resumes for feedback.  See, you're already doing this wrong.  All your prime candidates already have their resumes out there.  It's call github.  The fact that you're looking for entry level programmers make this even easier as you can limit your code review to people with time limited commit histories.  And, if you're a programmer and you're feeding people like this resumes, you're also doing it wrong.  Oh, BTW, you're going to need to either have a good relocation plan or offer 100% remote work."}
{"_id": "279713", "title": "", "text": "\"Not at all impossible. What you need is Fundamental Analysis and Relationship with your investment. If you are just buying shares - not sure you can have those. I will provide examples from my personal experience:  My mother has barely high school education. When she saw house and land prices in Bulgaria, she thought it's impossibly cheap. We lived on rent in Israel, our horrible apartment was worth $1M and it was horrible. We could never imagine buying it because we were middle class at best. My mother insisted that we all sell whatever we have and buy land and houses in Bulgaria. One house, for example, went from $20k to EUR150k between 2001 and 2007. But we knew Bulgaria, we knew how to buy, we knew lawyers, we knew builders.  The company I currently work for. When I joined, share prices were around 240 (2006). They are now (2015) at 1500. I didn't buy because I was repaying mortgage (at 5%). I am very sorry I didn't. Everybody knew 240 is not a real share price for our company - an established (+30 years) software company with piles of cash. We were not a hot startup, outsiders didn't invest. Many developers and finance people WHO WORK IN THE COMPANY made a fortune. Again: relationship, knowledge!  I bought a house in the UK in 2012 - everyone knew house prices were about to go up. I was lucky I had a friend who was a surveyor, he told me: \"\"buy now or lose money\"\". I bought a little house for 200k, it is now worth 260k. Not double, but pretty good money!  My point is: take your investment personally. Don't just dump money into something. Once you are an insider, your risk will be almost mitigated and you could buy where you see an opportunity and sell when you feel you are near the maximal real worth of your investment. It's not hard to analyse, it's hard to make a commitment.\""}
{"_id": "279718", "title": "", "text": "Heck yeah. I actively dislike Taco Bell, but I still can't help stopping in to try whatever their new whatever-it-is or grab a bag full of food for $4.  It's like those new limited Lays chip flavors. I know I'm not going to like cappuccino flavored potato chips. Who would enjoy coffee and milk chips? No one. Did I try them? Yep. Did I like them? Nope. Will I buy the next crazy flavor? Of course."}
{"_id": "279735", "title": "", "text": "John - sure, your points are well taken. $500K in cash is preferable to $500K invested in a way I wouldn't choose at the moment.  A friendly warning - inheritances often come in the form of an IRA account. This comes with its own issues, and an IRA shouldn't be confused with the assets it contains. Selling the assets inside is fine, you can reinvest in what you wish, but selling and pulling the money out can result in an horrific tax bill. I was recently interviewed on the radio (and available as a Podcast) discussing Inherited IRA Tax Tips, and it's worth educating yourself as the topic is quite convoluted.  (And thanks, John, for a question that permitted me to sneak this in. I owe you a beverage)"}
{"_id": "279748", "title": "", "text": "I don't believe this.  Really, if you have the drive and motivation in this country, you really can do anything you want.  Sure, the mold says that you need a 4.0 gpa from Harvard and an MBA from Wharton... but that doesn't mean that its for everyone.  Employers value determination more than anything, so if you really want a job, you *will* find a way to get it; most of the time, the only thing holding us back is ourselves.  Sounds corny as shit i know, but its true.   If you bang on every door, network with every hiring manager, you will get a job.  and if for some reason they turn you down, you can still start your own business.  **tl;dr  no.**"}
{"_id": "279759", "title": "", "text": "If one has established a liquid emergency fund of 3 to 6 months income as suggested in several places here as well as being recommended by many financial planners then a savings account is a great place to keep that money. All things being equal between the savings and checking account the limited transfers should be a non issue since ideally you won't be using that money and if you need to in an emergency you could move a whole months worth of expenses to checking in one transfer.  The savings account gives you a place to keep the emergency fund segregated from your normal funds. Out of sight, out of mind as it were. A savings account also gives you a place to stash funds intended for short term goals away from normal use funds. One such example I can use is that I am purchasing several plane tickets for various family members to come visit for Christmas. I have those funds set aside in a savings account so they don't interfere with my budgeting of my normal living expenses. While these are just examples and your situation may vary they are both examples of where a savings account would be useful even if it is identical to a checking account.  Edit:  using other types of accounts can also accomplish the same thing. Since we are using the assumption that the checking and savings accounts are identical the benefit of using a savings account is that it is usually inherently linked to the associated checking account without any additional effort on the part of the account holder. Any other account type would require additional effort, however minor, on the part of the account holder to link them in such a way that would make transfers between accounts as easy as possible."}
{"_id": "279765", "title": "", "text": "\"OK, but it speaks to a mindset I encountered in the army, namely, \"\"Do as I say, not as I do.\"\"  If you publicly espouse a particular world view, corporate model, etc., you should *live* it.  The hypocrisy of Mackey is that he says to do A / B / C, but he doesn't do it himself.  I understand that it's considered acceptable in some quarters to be out of touch with common decency if you're a high earner, but I don't let people off the hook that easily.  If you want to lead, then by god do it by example.\""}
{"_id": "279767", "title": "", "text": "A counter-point is that a new middle class is trying to establish itself in China.  As with Japan and South Korea before, a rising middle class will themselves demand safe, well made consumer products (and the wages to pay for them)."}
{"_id": "279772", "title": "", "text": "\"Most electric vehicles effectively run on coal.  When I make my fortune and get my *LUDICROUS MODE* Tesla, my plate will be \"\"BRN COAL\"\".  Saw an article on this site recently that claimed the production of Tesla's batteries far exceeded the emissions of a regular car.\""}
{"_id": "279775", "title": "", "text": "The reason it's not automatic is that Questrade doesn't want to force you to convert in margin accounts at the time of buying the stock. What if you bought a US stock today and the exchange rate happened to be very unfavorable (due to whatever), wouldn't you rather wait a few days to exchange the funds rather than lose on conversion right away? In my opinion, Questrade is doing you a favor by letting you convert at your own convenience."}
{"_id": "279782", "title": "", "text": "\"Usually insiders are in a better position than you to understand their business, but that doesn't mean they will know the future with perfect accuracy. Sometimes they are wrong, sometimes life events force them to liquidate an otherwise promising investment, sometimes their minds change. So while it is indeed valuable information, as everything in fundamental analysis it must be taken with a grain of salt. Automatic Sell I think these refer to how the sell occurred. Often the employees don't get actual shares but options or warrants that can be converted to shares. Or there may be special predetermined arrangements regarding when and how the shares may be traded. Since the decision to sell here has nothing to do with the prospects of the business, but has to do with the personal situation of the employee, it's not quite the same as outright selling due to market concerns. Some people, for instance, are not interested in holding stock. Part of their compensation is given in stock, so they immediately sell the stock to avoid the headache of watching an investment. This obviously doesn't indicate that they expect the company will go south. I think automatic sell refers to these sorts of situations, but your broker should provide a more detailed definition. Disposition (Non Open Market) These days people trade through a broker, but there's nothing stopping you from taking the physical shares and giving them to someone in exchange for say a stack of cash. With a broker, you only \"\"sell\"\" without considering who is buying. The broker then finds buyers for you according to their own system. If selling without a broker you can also be choosy with who is buying, and it's not like anybody can just call up the CEO and ask to buy some stock, so it's a non-open market. Ultimately though it's still the insider selling. Just on a different exchange. So I would treat this as any insider sell - if they are selling, they may be expecting the stock to become less valuable. indirect ownership I think this refers to owning an entity that in turn owns the asset. For instance CEO of XYZ owns stock in ACME, but ACME holds shares of XYZ. This is a somewhat complicated situation, it comes down to whether you think they sold ACME because of the exposure to XYZ or because of some other risk that applies only to ACME and not XYZ. Generally speaking, I don't think you would find a rule like \"\"if insider transactions of so and so kinds > X then buy\"\" that provides guaranteed success. If such a rule was possible it would have been exploited already by the professionals. The more sensible option is to consider all data available to you and try to make a holistic evaluation. All of these insider activities can be bullish or bearish depending on many other factors.\""}
{"_id": "279785", "title": "", "text": "Go to http://finance.google.com, search for the stock you want. When you are seeing the stock information, in the top left corner there's a link that says 'Historical prices'. Click on it. then select the date range, click update (don't forget this) and 'Download to spreadsheet' (on the right, below the chart). For example, this link takes you to the historical data for MSFT for the last 10 years. http://finance.yahoo.com has something similar, like this. In this case the link to download a CSV is at the bottom of the table."}
{"_id": "279795", "title": "", "text": "You're looking at a used car, which is good, but I think you can still be much wiser with the type of car you're looking to purchase. Maybe I'm such a fuddy-duddy because I didn't own a car until I was 25, but let's break this down with a small comparison: If you drive 1,000 miles per month with gas at $4/gallon -- which is absurdly conservative, I think -- for five years, then you're looking at an extra $60/month for just gas, and probably twice the payment, compared with a perfectly reliable but more fuel-efficient car from the same year.  (Disclosure:  I own a 2004 Corolla and love it.  I got mine in 2007 for under $10k, and I paid cash.) $300/month or so is a good chunk of change, no?  I'd do even more, and pay that loan off (which will almost certainly be less than $500/month) faster by throwing $500/month at it.  You'll save hundreds of dollars in interest. Edit based on your additions: There's one thing that you don't see yet that I have.  It's only because you're in your early 20s and I'm pushing 40. It is far easier to sock money away when you're single and don't have a family to take care of. (I'm assuming you're not married yet and that you don't have kids.  Hopefully it's not a poor assumption.) I would be saving like crazy now if I were in your position.  You have a great job for fresh out of college.  My first job started ten years ago after grad school at the same salary you're making.  Man, it was so easy to save money back then.  Now that I'm married with a daughter, a lot of that cushion goes away.  I wouldn't trade it for the world, but that's the price of being head of household. If you have any intentions of not being a hermit for the rest of your life (and I hope you do) then you'd be wise to save as much as you can now."}
{"_id": "279810", "title": "", "text": "\"I look at price charts pretty much all day every day. You can analyze technical patterns and make guesses about the future but it's just not the way it works.  Not being able to point to \"\"chinese money\"\" in a candlestick chart is a ridiculous litmus test. When they eventually pass extremely draconian laws about using bitcoins we'll see.\""}
{"_id": "279824", "title": "", "text": "Not really. You just pay the other side of payroll taxes your employer typically pays. That's 7.65% more on your net. Not that much, all things considered.  Plus, on part time Uber driving, the depreciation deduction on a car should exceed true depreciation costs. Putting 10K more miles on a car each year does not result in that much extra depreciation.  2010 Honda Civic DX Sedan 4D with 100K miles is worth $4,500 in Good condition, according to KBB.  With 130K miles, it's worth $3,900.  That's a difference of $600, or $0.02 per mile.  You'll have more oil changes, brake replacements, gas, and other operating costs. But depreciation is small potatoes compared to the $0.535 in deductions per mile.  Edit: If you would own a car regardless of whether or not you drive for Uber, Uber isn't a bad deal. It's a bad deal if you have to buy a car just to drive for Uber. It's all about the marginal cost of a mile."}
{"_id": "279845", "title": "", "text": "\"Credit Cards typically charge interest on money you borrow from them.  They work in one of two ways. Most cards will not charge you any interest if you pay the balance in full each month.  You typically have around 25 days (the \"\"grace period\"\") to pay that off.  If that's the case, then you will use your credit card without any cost to yourself. However, if you do not pay it in full by that point, then you will owe 19.9% interest on the balance, typically from the day you charged the payment (so, retroactively).  You'll also immediately begin owing interest on anything else you charge - typically, even if you do then pay the next month the entire balance on time.  It's typically a \"\"daily\"\" rate, which means that the annual rate (APR) is divided into its daily rate (think the APR divided by 365 - though it's a bit different than that, since it's the rate which would be 19.9% annualized when you realize interest is paid on interest).   Say in your case it's 0.05% daily - that means, each day, 0.05% is added to your balance due.  If you charged $1000 on day one and never made a payment (but never had to - ignore penalties here), you'd owe $1199 at the end of the year, paying $199 interest (19.9*1000). Note that your interest is calculated on the daily balance, not on your actual credit limit - if you only charge $100, you'd owe $19.90 interest, not $199. Also note that this simplifies what they're actually doing.  They often use things like \"\"average daily balance\"\" calculations and such to work out actual interest charged; they tend to be similar to what I'm describing, but usually favor the bank a bit (or, are simpler to calculate). Finally: some credit cards do not have a grace period.  In the US, most do, but not all; in other countries it may be less common.  Some simply charge you interest from day one. As far as \"\"Standard Purchases\"\", that means buying services or goods.  Using your credit card for cash advances (i.e., receiving cash from an ATM), using those checks they mail you, or for cash-like purchases (for example, at a casino), are often under a different scheme; they may have the same rate, or a different rate.  They likely incur interest from the moment cash is produced (no grace period), and they may involve additional fees.  Never use cash advances unless you absolutely cannot avoid it.\""}
{"_id": "279865", "title": "", "text": "So like any market, the housing market will *on average* trend upward. But the extreme prices we're seeing in Toronto or San Francisco are not part of the normal market growth. There's a lot of factors that can affect housing outside of just increased demand. Here's a few of the big ones.  1) Low-Interest Rates: Since (2008? I think) interests rates have been really low, meaning mortgages are really low. If you can borrow money at 4% and the inflation rate is 8%, you've borrowed expensive dollars and are paying back in cheap dollars.  2)NIMBY (Not in my back yard): If you have enough land to build 10 houses or one 100 apartment building, what do you build? Theoretically the apartment building, but in reality, the people that already paid for their million dollar house, don't want a giant apartment complex bringing down the value of the neighborhood and ruining their views. So they pass laws preventing new and bigger buildings, meaning higher prices for the homes that already exist. And as a bonus, it's easier on the city to have 10 people who make a million dollars a year than a 100 people who make 100,000 a year.  Foreign investment: So there's a lot of places where people have money, but because of corruption or shaky economies, it's not safe to hold it there. So you buy properties in the U.S. or Canada because you know no one's going to seize it and it's (generally) not going to lose value. So you end up with foreign dollars competing with the local markets for housing, driving the price up."}
{"_id": "279870", "title": "", "text": "I believe that the form you will need to fill out for the company is the IRS' W-8ECI form.  My US-based Fortune 50 company pays my rent in Germany, and had my landlord fill one out so that they would not need to do any withholding for the payments. From this IRS site on withholding income for payments to Foreign Individuals:  Withholding exemption.   In most cases, you do not need to withhold   tax on income if you receive a Form W-8ECI on which a foreign payee   represents that: The foreign payee is the beneficial owner of the   income, The income is effectively connected with the conduct of a trade or   business in the United States, and The income is includible in the payee's gross income. Good luck!"}
{"_id": "279897", "title": "", "text": "Car dealers as well as boat dealers, RV dealers, maybe farm vehicle dealers and other asset types make deals with banks and finance companies to they can make loans to buyers. They may be paying the interest to the finance companies so they can offer a 0% loan to the retail customer for all or part of the loan term.  Neither the finance company nor the dealer wants to make such loans to people who are likely to default. Such customers will not be offered this kind of financing. But remember too that these loans are secured by the asset - the car - which is also insured. But the dealer or the finance company holds that asset as collateral that they can seize to repay the loan. So the finance company gets paid off and the dealer keeps the profit he made selling the car. So these loans are designed to ensure the dealer nor the finance company looses much. These are called asset finance loans because there is always an asset (the car) to use as collateral."}
{"_id": "279909", "title": "", "text": "In the few places I worked in my younger years, the establishment lost the value of the counterfeit note when they attempted to pay it in at the bank - they simply won't honour the note. I remember working a New Years Eve one night and we had taken a few hundred pounds in fake twenty pound notes.  The staff were given a strong telling off, because these note were effectively useless and it was up to the staff to check that the notes were genuine."}
{"_id": "279912", "title": "", "text": "How about doing some calculations and show him how much he is paying for things he is buying on credit.Mix in some big and small purchases to show how silly it is on both. Some examples: What really made the debt issue hit home for me (no pun intended) was when I bought my first house and read the truth in lending disclosure statements to find that a $70K house (those were the days) was going to cost me over $200K by the time I had paid off a 30 year note."}
{"_id": "279935", "title": "", "text": "\"I reread my comment and I've yet to understand what you're referencing when you state I've insulted someone.  I made the comment \"\"unless you're an idiot and tell on yourself\"\".  At no point did I say that the person I was responding too was an idiot or that any person in particular was as well.  Sorry if you've upset yourself but I did not intend to insult anyone by my comment.\""}
{"_id": "279936", "title": "", "text": "You're right about FICA (I forgot it is calculated on gross income and not Adjusted Gross Income). State tax rate in that bracket still should be nominal or zero depending on the state. Sales tax... things cost what they cost.  &gt; Regardless, 70% of minimum wage isn't enough to cover a car, a child, a good vacation, a serious health care problem, an aging parent, or a modest retirement.  Social safety nets are impossible to address via a minimum wage. You could make the minimum wage $30/hr and some people will still become bankrupt by our ridiculous healthcare system. Why not lobby for single-payer healthcare and a universal basic income like $1000/mo/adult and $500/mo/child?"}
{"_id": "280005", "title": "", "text": "You are correct. It's using accounting to accomplish different goals. First, relevant costs should be considered when making the decision to buy internally rather than externally. Second, by adding the possibility for a cost centre to turn a profit, even if it is only an accounting trick, means that interest are better aligned (profit motive and all). Third, you are right that on the consolidated/group level there is no real profit. It can give a better picture of actual economic performance though."}
{"_id": "280011", "title": "", "text": "Honestly, I'm not going to argue with some of the insane bullshit some companies pull - but if you've ever needed medication in ANY form, a pharma likely created (even for yeast infections). Frankly, thanks to these companies and decades of blockbusters - they're starting to address the real niche diseases out there (plus, how else will they make money - patents are running out). To pull a blanket statement like that is well, misinformed. The world isn't black and white. As much as you might lambaste the industry, there are a LOT of good willed people here that are seriously trying to eradicate horrible, horrible diseases."}
{"_id": "280017", "title": "", "text": "\"&gt;\"\"This process is terrible, I hate it, it has a damaging effect on the market, and we could easily prevent it from happening. But I choose to keep it because of a hardline adherence to ideology.\"\"  Not exactly and nothing of the sort.  I think it unfair because it gives a leg up to those with access but then, such is life. I also think it unfair that kids in the middle class have access to tutors, kids of the rich have access to elite private schools, those with money have access to better medical care and so on.  However, as someone may well ask and do so rightfully - \"\"So what?\"\"  To use cycling as an example - Use of HFT is the equivalent of having access to better training, better gear and better opportunities. You don't ban those just because the poorer countries can't have access to those. The practice of placing orders and immediately canceling them is the equivalent of pulling a Lance Armstrong, better handled by the association than by the government using taxpayer money.\""}
{"_id": "280021", "title": "", "text": "I think this article explains it pretty well: Contributions to a SEP are limited to   20% of your business  income (which is   business income minus half of your   self-employment tax), up to a maximum   of $45,000. With a solo 401(k), on the   other hand, you can contribute up to   $15,500 plus 20% of your business   income (defined the same way as   above), with a maximum contribution of   $45,000 in 2007. You can make an extra   $5,000 catch-up contribution if you're   50 or older"}
{"_id": "280027", "title": "", "text": "Sorry about the link.  I guess it didn't upload with the post like I thought it did.  I've since edited it and added it. I think it makes some really good points.  Could it be that your client decided that they just couldn't afford you, and that was just the excuse they were giving? (I'm not saying they had good reason).  Nothing turns me off quicker than someone offering me a discount, especially if I'm not already a customer!  I just wish that worked on my wife...lol      I admit that it isn't easy to constantly come up with good content on a regular basis that offers something worthwhile that people regularly become engaged in.  In today's world people consume content very quickly and then are left wanting more.  Keeping it fresh is no easy task, but the way most seem to go about it is just spinning wheels and wasting time."}
{"_id": "280041", "title": "", "text": "I think it is, unless you have another protection. For example, I have a legal plan sponsored by my employer that amongst other things, covers representation in case of audits for personal taxes. If, however, you don't have any other legal plan to cover this, I'd suggest getting the TurboTax audit protection. Hiring a professional to represent you in case of an audit will cost several hundreds of dollars per hour. Of course chances are slim, but that's the nature of insurance."}
{"_id": "280043", "title": "", "text": "re red-lining: I've never had Uber refuse to pick me up or take me anywhere. Cabs in both NYC and DC have refused service based on my destination (and good luck finding a cab in my part of NE unless they're dropping off at the hotel a few blocks away), though."}
{"_id": "280056", "title": "", "text": "Competition, or actually lack of competition, mostly due to a demand curve that has minimal change due to price. You would buy the equivalent, cheaper option if it was available, but the store has little interest in offering multiple, competing options that would drive their same store revenue down. And the competing stores (Grocery, Department, Drug, Card) have similar overhead costs (floor space, lights, personnel). Most carry the cards for incremental revenue, and observe little advantage to lower price for a card (customers seldom buy more cards due to a lower price). Thus they mark the price to what (most) customers are willing to pay. You may choose to shop the various stores and find the one that has a (slightly) better pricing for cards, and then stop at that store when you want to buy a card. But many cards are sold as an incremental purchase as part of a larger shopping trip (convenience), as the customer combines trips (reduce the time spent shopping, albeit not reducing the money spent)."}
{"_id": "280080", "title": "", "text": "Good God. Who the hell said anything about Hillary or Democrats? Trump being an idiot and doing a bad job has nothing to do with political leanings. I haven't said anything about my politics. You Trump people are incredible. Lose your argument, immediately start another completely unrelated one.   Being able to ruin an economy says nothing about the ability to create a booming stock market. That's crazy talk."}
{"_id": "280081", "title": "", "text": "\"In the U.S., virtually all salaries are expressed as \"\"gross salaries\"\", which are before the taxes that the individual must pay on their income. The numbers shown in the links are almost certainly gross salary figures. However, the \"\"gross salary\"\" is not the entire \"\"total compensation\"\" number, which is the total value of all compensation and benefits that the employee receives for his work. Total compensation includes not only salary and bonuses, but the cost or value of any employer-paid healthcare, retirement, company car, expense account, stock options, and other valuable goods or services. That's still not the total amount of money the company has to pay to have you; there are employer-paid payroll taxes totaling 6.2% of your gross salary, plus practical costs like the cost of your computer, cubicle or office furniture, and the portion of utility costs that keep you well-lit, clean and comfortable. This complete number is called \"\"total employee cost\"\", and the general rule of thumb is that it's double your gross cash compensation (salary + bonuses). Lastly, $100k in California isn't worth as much, in real terms, as $100k in other parts of the U.S. The cost of living in California, especially in Silicon Valley where the majority of the people who make six figures by being C++ programmers are located, is ridiculously expensive. There are other tech hubs in the U.S., like DFW, Austin TX, Atlanta GA, St Louis MO, Raleigh NC, etc where people earn less, but also spend less to live and so can use more of their salary in a \"\"discretionary\"\" manner.\""}
{"_id": "280091", "title": "", "text": "\"You're missing the point here. The goal of ratings firms is **not** to accurately price debt. That's the market's job. The goal of ratings companies is to evaluate the ability of the company to service their debt instrument, much like how the goal of a public accounting firm is to assure that a company's financial statements follow GAAP.  The article implicitly makes the assertion that Aaa rated securities have pretty low default rates; it's mainly only the area of CDO backed securities that there's a large disconnect between the rating and default risk. While this does raise questions about the worthiness of these ratings and the way they went about modeling and rationalizing them, it hardly suggests that they are \"\"wrong over 50% of the time.\"\"  As a side note, why not make it against the law for mutual funds to have rules that allow them to only hold Aaa rated securities? These funds that demand high credit ratings are only contributing to the conflict of interest by essentially \"\"asking for it.\"\"\""}
{"_id": "280099", "title": "", "text": "Well said.  To put it shortly I think both can be a viable source of some side income when proper risk management is in place.  It is likely not going to work when you are trading/betting with money that is important to you.  Paper trade/bet until you find a viable strategy.  Then use proper bankroll management and some expendable income to pick up some extra bucks on the side.  Sports betting is nice because the initial investment is much lower than day trading."}
{"_id": "280111", "title": "", "text": "\"No.  If the share price drops to $0, it's likely that the company is in bankruptcy. Usually, debt holders (especially holders of senior debt) are paid first, and you're entitled to whatever the bankruptcy proceedings decide to give holders of equity after the debt holders are paid off. More often than not, equity holders probably won't get much. To give an example, corporate bankruptcy usually involves one of two options: liquidation or reorganization. In the US, these are called Chapter 7 and Chapter 11 bankruptcy, respectively. Canada and the United Kingdom also have similar procedures for corporations, although in the UK, reorganization is often referred to as administration. Many countries have similar procedures in place. I'll use the US as an example because it's what I'm most familiar with. In Chapter 7 bankruptcy, the company is liquidated to pay its debts. Investopedia's article about bankruptcy states: During Chapter 7 bankruptcy, investors are considered especially low on the ladder. Usually, the stock of a company undergoing Chapter 7 proceedings is usually worthless, and investors lose the money they invested. If you hold a bond, you might receive a fraction of its face value. What you receive depends on the amount of assets available for distribution and where your investment ranks on the priority list on the first page. In Chapter 11 bankruptcy, the company is turned over to a trustee that guides it through a reorganization. The Investopedia article quotes the SEC to describe what happens to stockholders when this happens: \"\"During Chapter 11 bankruptcy, bondholders stop receiving interest and principal payments, and stockholders stop receiving dividends. If you are a bondholder, you may receive new stock in exchange for your bonds, new bonds or a combination of stock and bonds. If you are a stockholder, the trustee may ask you to send back your stock in exchange for shares in the reorganized company. The new shares may be fewer in number and worth less. The reorganization plan spells out your rights as an investor and what you can expect to receive, if anything, from the company.\"\" The exact details will depend on the reorganization plan that's worked out, local laws, court agreements, etc.. For example, in the case of General Motor's bankruptcy, stockholders in the company before reorganization were left with worthless shares and were not granted shares in the new company.\""}
{"_id": "280130", "title": "", "text": "\"Malcolm Gladwell wrote a 2006 article called \"\"The Risk Pool\"\" documenting exactly that. Businesses did not want that power in their workers' hands, despite it being more efficient and better for their bottom line.  The unions went along with it because they thought eventually the costs would force them to come around.  They did not, instead places crushed by their benefit obligations like GM got bailed out and/or went into bankruptcy.\""}
{"_id": "280131", "title": "", "text": "No it is not safe to take out a new mortgage - loan or anything credit related or any investment - in greece. Growing political risk, bonds have junk credit rating.  You will be underwater on your mortgage the day you apply for it. And you better believe that the buyers will be dry once you realize that it doesn't make sense to keep paying the mortgage. If you want to have some assets, there are more liquid things you can own, in your case: paper gold. Just rent."}
{"_id": "280140", "title": "", "text": "The first thing you need to know is that getting a new social security number will not erase your credit history. In fact, using a name change or a social security number change to get out of debt is considered fraud in most jurisdictions and you can be arrested for it. As soon as you are issued a new social security number, your old number and new number are linked in the government and credit bureau files. Everything that was on your old credit report will appear on your new credit report. The second big thing to know is if you suspect that your social security number has been used fraudulently in regards to credit, stop reading this right now, immediately call one of the three major credit bureaus (Experian, TransUnion, or Equifax), and place what's called an initial fraud alert. You only need to call one of the three. The one you call will notify the other two. This places a flag on your credit file at all three bureaus which says that your identity may have been stolen and any financial institution which is processing an application for credit should immediately contact you at the phone number you provide. The alert is good for 90 days and you can renew it as many times as you wish. I suggest using TransUnion as your one call because I've called them when my identity was stolen, and they're automated system is very well designed. Now that that is out of the way... you said that they have your email address, but it is very unusual for people to be contacted by email for a debt. In fact, I would automatically disregard any emails about debts. Every legitimate financial institution I've ever come across will either call you or send mail to your last known address. Regarding what's being reported on your credit report, you need to type a letter to each credit bureau which is reporting the information telling them who you are and that you are disputing this information on your report. Mail it to the bureaus by certified mail with return receipt. Under United States law they are required to verify the information on your report, if you dispute it, and remove the information if they are unable to verify it. In many cases, it's too much of a hassle and the bureaus just remove the information. The other thing I'll leave you with is that you said you've only had credit in the past six months. Six months is not enough time to build an adequate credit profile. You really need to be strategic about your credit score. Every time you apply for credit, it drags the score just a little bit lower. Your question wasn't really about building credit, so I'll spare you the novel on that, but I would encourage you to seek out one of the many resources which are readily available online. I am not an attorney. This is not legal advice. You should consult with an attorney who is licensed to practice law in your particular jurisdiction."}
{"_id": "280145", "title": "", "text": "Here's my opinion.  Families are going to have to hang together more. Since employment is so unstable, they need a way to get through the bumps. Several adults (plus children) living like a clan can do this, and family ties help with the social problems. We already are seeing adult children staying at home now.  Families need to build up capital too. In this new world, anyone who doesn't have some capital (i.e. a piece of the pie) is going to be an utter serf. If you're a serf, it's going to be extremely hard to build it up, most everything will go to just survival. Dividend or rent paying capital gives some independence. Families should prioritize working together to have some, even if it means sacrificing entertainment, eating out, etc."}
{"_id": "280163", "title": "", "text": "If you are in poverty then I can understand. But every single middle class family who doesn't have savings deliberately made that choice. Hell, even their example is of some woman who decided that a huge house she no longer can afford (and most likely never could) was more important than starting a savings account."}
{"_id": "280168", "title": "", "text": "This question is impossible answer for all markets but there are 2 more possibilities in my experience:"}
{"_id": "280172", "title": "", "text": "The same as when you are buying a car. If a dealer quotes 10k and you quote 8k. 8k is the buy price and 10k is the sell price.  Somebody might quote 8.5k and another dealer might quote 9.5k. The the new price that you see on your screen is 8.5k(Best buy price) and 9.5k(Best sell price). When the buyer and seller agree to an amount, the car(In your case stock) is traded."}
{"_id": "280177", "title": "", "text": "There is no issue whatsoever, getting a mortgage this way as an unmarried couple. This is very similar to what I did while my wife and I were engaged. We we're on the title as joint tenants. I would expect them to have her as a signee to the mortgage.  She won't be able to claim 50% ownership and make things hard on the lender. The title will be contingent on the mortgage being paid. What will be harder is if you guys decide to split. It's not at all uncommon for unmarried couples to buy a house together. Find a broker and get their advice."}
{"_id": "280190", "title": "", "text": "I really wanted to like SoundCloud.  I tried to like it, and for a while I did like it, was considering to upgrade to the paid platform. Then I discovered the Google audio cast simply did nto work on many musical tracks, for no apparent reason. Sometimes they would work one day, and not the next. That is fine, I figured it was some kind of retarded DRM on the platform given over to the creators. I'm fine with that, but the way the bug works is it doesn't just skip the track blocked on Google chrome audio cast, it just gets stuck.   Fuck it, I switched to Google play audio, via YouTube red. No stupid chrome cast drama, which BTW... could easily be circumvented by connecting an audio cable or using Bluetooth remote audio, it's just more convenient to use chrome cast."}
{"_id": "280201", "title": "", "text": "Not entirely practicle advise. What about healthcare and all those other essential needs?  When it comes down to it if the economy is rockin and rollin like back in the mid-1990's people can easily jump boat to another company.  But in todays more sluggish enviroment that option is not their for most workers.  I think the honest fact is no good solutions are apparent.  You give some ideas but if saving money was that easy for most people then ... well you know ... why would anyone complain, right?"}
{"_id": "280204", "title": "", "text": "Putting the money in a bank savings account is a reasonably safe investment. Anything other than that will come with additional risk of various kinds. (That's right; not even a bank account is completely free of risk. Neither is withdrawing cash and storing it somewhere yourself.) And I don't know which country you are from, but you will certainly have access to your country's government bonds and the likes. You may also have access to mutual funds which invest in other countries' government bonds (bond or money-market funds). The question you need to ask yourself really is twofold. One, for how long do you intend to keep the money invested? (Shorter term investing should involve lower risk.) Two, what amount of risk (specifically, price volatility) are you willing to accept? The answers to those questions will determine which asset class(es) are appropriate in your particular case. Beyond that, you need to make a personal call: which asset class(es) do you believe are likely to do better or less bad than others? Low risk usually comes at the price of a lower return. Higher return usually involves taking more risk (specifically price volatility in the investment vehicle) but more risk does not necessarily guarantee a higher return - you may also lose a large fraction of or even the entire capital amount. In extreme cases (leveraged investments) you might even lose more than the capital amount. Gold may be a component of a well-diversified portfolio but I certainly would not recommend putting all of one's money in it. (The same goes for any asset class; a portfolio composed exclusively of stocks is no more well-diversified than a portfolio composed exclusively of precious metals, or government bonds.) For some specifics about investing in precious metals, you may want to see Pros & cons of investing in gold vs. platinum?."}
{"_id": "280275", "title": "", "text": "Or how about we stop allowing employers to pay starvation wages through government intervention? How about we spend more money at picking up people left behind so their decisions don't forever shape their lives. We can do that. The money spent would pay dividends in our society."}
{"_id": "280300", "title": "", "text": "&gt; but their getting paid for any of that is another story  If you do things that other people value, you will never have a problem getting paid. The only time you can't get paid is if other people don't assign value to your labors. Basically, always be useful."}
{"_id": "280306", "title": "", "text": "[Cash In Hand Loans] (http://www.cashinhandloans.co.uk) are extremely short-term loans that diverge among for a months. These loans are very useful for people who are in terrible require of cash at a very small notice before the after that payday. The payday loans no papers do have different positives like fast approval, no paperwork. Cash in hand loans arrange the appropriate loans deals for the all borrowers who are residing in U K."}
{"_id": "280335", "title": "", "text": "The examples of debt in the article are about the ones who bought at around $100,000 years ago and then borrowed against the medallion as its value soared towards a million. This is like pretty much every bubble. Banks didn't place that level of debt on the owners, they foolishly loaned money to owners based on inflated values. Now both the banks and the owners are suffering the consequences of those bad loans as the values plummet."}
{"_id": "280337", "title": "", "text": "\"There isn't a single rate that works in both directions.  There are two rates, one for each direction.  So if $1 = 64.23 INR, you may find that 100 INR = $1.55.   In fact, it's even worse than that.  The \"\"rates\"\" are just the average values at which transactions occur.  What happens in the real world is that someone (presumably your bank in this instance) offers to sell 100 INR for some amount, perhaps $1.56.  Other traders may either accept this price or refuse to trade.  If they refuse to trade, the bank may accept one of their offers, perhaps $1.55.   Anyway, the answer to your question is that whomever does the actual conversion keeps the \"\"difference\"\".  Of course, they may then lose that money if the value falls before they sell.  More confusingly, either your bank or your friend's bank could do the conversion itself.  Either or both could hold balances in various currencies so that they don't have to rely on the vagaries of the exchange market.  This is called a money market account, and banks let their customers invest in them.   It is a bit more likely to be your bank that gets the money than your friend's bank.  Your friend's bank doesn't actually need to know that your account is in USD.  They just transfer the amount in INR.  It's your bank that has to convert that into USD to deposit in your account.\""}
{"_id": "280356", "title": "", "text": "\"This type of account will sell you just enough rope to hang yourself.  Gold is at $1400 or so. Were you around when it first hit $800 in '79/'80? I was. No one was saying \"\"sell\"\" only forecasts of $2000. If you bought and held, you've still not broken even to inflation let alone simple market returns.\""}
{"_id": "280367", "title": "", "text": "In finance, a lot say corporate tax is the original sin.  Corporate taxes make debt financing more attractive, so every company's debt ratio is much higher than it would be if there were no corporate tax, which makes them more vulnerable to shocks in cashflow and at higher risk of default in a downturn.  A slight downturn can snowball into a larger one because companies are so heavily debt financed they end up unable to service their debt, and end up in worse situations than if they were more equity financed. Subsequently, banks become much more important in the economy because everyone is more leveraged, and more company value is tied up in bank/debt balances.  Of course, the voting public doesn't generally want to lower the corporate tax rate; because the general population believes this is how they get their pound of flesh out of corporate america -- however that is rarely the case."}
{"_id": "280368", "title": "", "text": "Estos conceptos que son muy importantes saber, especialmente cuando usted est\u00e1 vendiendo un hogar, son fijo y la propiedad floja. En general, se puede decir que la propiedad real es la parte que acompa\u00f1ar\u00e1 a la compra arrendador, mientras que los bienes muebles son propiedad de las personas que viven en la casa y tiene la intenci\u00f3n de llevar a la siguiente vivienda. La legislatura ha sido flexible y estableci\u00f3 una definici\u00f3n de lo que es un inmueble y luego se\u00f1al\u00f3 que todas las dem\u00e1s propiedades son propiedades sueltas."}
{"_id": "280371", "title": "", "text": "The basic gist of the article is: Millennials don't have an innate preference for cities over previous generations, their life plans (marriage, family, house in the burbs, nice shiny new cars) have just been delayed due to the economic recession. Um, duh."}
{"_id": "280377", "title": "", "text": "Keeping the home clean and tidy becomes difficult for people as they age. There can be many reasons behind homework problem. Older people have the problem of stiff or painful joints or decrease vision which might create a problem in the household work. The professional caring services help resolve all such problems perfectly."}
{"_id": "280384", "title": "", "text": "M\u1eddi t\u00e0i tr\u1ee3 trang V\u00e0ng V\u1eadt Ch\u1ea5t  Jimmy Group k\u00ednh ch\u00e0o qu\u00fd kh\u00e1ch,  V\u00e0ng V\u1eadt Ch\u1ea5t \u0111\u01b0\u1ee3c c\u1ea3 th\u1ebf gi\u1edbi c\u00f4ng nh\u1eadn v\u00e0 \u0111\u01b0\u1ee3c xem nh\u01b0 1 lo\u1ea1i ti\u1ec1n chung, chu\u1ea9n m\u1ef1c trong thanh to\u00e1n qu\u1ed1c t\u1ebf . Nh\u01b0 v\u1eady, \u00fd ngh\u0129a c\u1ee7a trang V\u00e0ng V\u1eadt Ch\u1ea5t l\u00e0 trang th\u00f4ng tin chu\u1ea9n m\u1ef1c c\u1ee7a d\u00e2n T\u00e0i Ch\u00ednh v\u00e0 \u0111\u01b0\u1ee3c c\u1ea3 Th\u1ebf Gi\u1edbi c\u00f4ng nh\u1eadn. Jimmy Group l\u00e0 \u0111\u01a1n v\u1ecb x\u00e2y d\u1ef1ng v\u00e0 ph\u00e1t tri\u1ec3n trang V\u00e0ng V\u1eadt Ch\u1ea5t ph\u1ea3i lu\u00f4n th\u1ef1c hi\u1ec7n s\u1ee9 m\u1ec7nh ph\u1ee5c v\u1ee5 c\u1ed9ng \u0111\u1ed3ng ngu\u1ed3n th\u00f4ng tin S\u1ea0CH trong \u0111\u1ea7u t\u01b0  Theo th\u1ed1ng k\u00ea l\u01b0\u1ee3t truy c\u1eadp trong 3 th\u00e1ng g\u1ea7n nh\u1ea5t c\u1ee7a Alexa th\u00ec trang V\u00e0ng V\u1eadt Ch\u1ea5t \u0111ang t\u1ea1m thu\u1ed9c TOP 1,514,968 tr\u00ean Th\u1ebf Gi\u1edbi v\u00e0 12,167 c\u1ee7a Vi\u1ec7t Nam. update 2012-10-17 V\u1ec1 l\u01b0\u1ee3t truy c\u1eadp trung b\u00ecnh c\u1ee7a trang V\u00e0ng V\u1eadt Ch\u1ea5t hi\u1ec7n nay t\u1ea1m th\u1eddi l\u00e0 412 l\u01b0\u1ee3t xem trang m\u1ed7i ng\u00e0y v\u00e0 l\u01b0\u1ee3t truy c\u1eadp r\u1ea5t \u1ed5n \u0111\u1ecbnh t\u1eeb \u0111\u1ea7u th\u00e1ng 5-2012 cho t\u1edbi nay. update 2012-10-17 V\u1edbi nhi\u1ec1u th\u00f4ng tin b\u1ed5 \u00edch, trang V\u00e0ng V\u1eadt Ch\u1ea5t \u0111ang \u0111\u01b0\u1ee3c nhi\u1ec1u \u0111\u1ecdc gi\u1ea3 th\u01b0\u1eddng xuy\u00ean theo d\u00f5i h\u00e0ng ng\u00e0y v\u00e0 trong t\u01b0\u01a1ng lai s\u1ebd c\u00e0ng c\u00f3 th\u00eam nhi\u1ec1u \u0111\u1ecdc gi\u1ea3 quan t\u00e2m t\u1edbi th\u00f4ng tin tr\u00ean trang V\u00e0ng V\u1eadt Ch\u1ea5t.  Nh\u1eb1m h\u1ed7 tr\u1ee3 qu\u00fd kh\u00e1ch trong vi\u1ec7c qu\u1ea3ng b\u00e1 Th\u01b0\u01a1ng Hi\u1ec7u c\u1ee7a doanh nghi\u1ec7p tr\u00ean m\u1ed9t trang th\u00f4ng tin T\u00e0i Ch\u00ednh s\u1ea1ch nh\u01b0 trang V\u00e0ng V\u1eadt Ch\u1ea5t, ch\u00fang t\u00f4i hoan ngh\u00eanh qu\u00fd kh\u00e1ch tham gia t\u00e0i tr\u1ee3 trang theo c\u00e1c lo\u1ea1i h\u00ecnh nh\u01b0 sau: - \u0110\u0103ng link gi\u1edbi thi\u1ec7u website c\u1ee7a doanh nghi\u1ec7p: 500,000 \u2013 1,000,000 \u0111\u1ed3ng/th\u00e1ng - \u0110\u01b0a banner gi\u1edbi thi\u1ec7u v\u1ec1 doanh nghi\u1ec7p: 1,000,000 \u2013 3,000,000 \u0111\u1ed3ng/th\u00e1ng - \u0110\u01b0a b\u00e0i vi\u1ebft gi\u1edbi thi\u1ec7u v\u1ec1 doanh nghi\u1ec7p: 1,000,000 \u2013 2,000,000 \u0111\u1ed3ng/b\u00e0i  Ch\u00fang t\u00f4i ph\u00e1t tri\u1ec3n c\u00f9ng v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a doanh nghi\u1ec7p c\u1ee7a b\u1ea1n !  \u2013 JG cam k\u1ebft ph\u1ee5c v\u1ee5 c\u1ed9ng \u0111\u1ed3ng ngu\u1ed3n th\u00f4ng tin S\u1ea0CH trong \u0111\u1ea7u t\u01b0 Hotline: 0 1992 1111 99"}
{"_id": "280405", "title": "", "text": "The car dealership doesn't care where you get the cash; they care about it becoming their money immediately and with no risk or complications. Any loan or other arrangements you make to raise the cash is Your Problem, not theirs, unless you arrange the loan through them."}
{"_id": "280416", "title": "", "text": "\"That depends on where/how you're charging. A Model 3 with a 55kWh battery will take less time to charge than a 75kWh battery.   Supercharger charges at 120kW, so the charge times would be:   55kWh / 120kW = 0.4583 hours = 27.5 minutes  75kWh / 120kW = 0.625 hours = 37.5 minutes  The appeal of an EV though is charging at home. If a user has a NEMA 14-50 installed that does 220v @ 40amps maximum, it offers 8.8kW of charging. So:   55kWh / 8.8kW = 6.25 hours   75kWh / 8.8kW = 8.52 hours  Other options exist for charging at home, such as the High Power Wall Charger, could do 220v @ 72amps, or 15.840kW.   55kWh / 15.840kW = 3.472 hours   75kWh / 15.840kW = 4.735 hours  The \"\"time to charge\"\" issue is more relevant for road trips, since the the average driver does less than 200 miles per day, and their car spends more time at home potentially plugged into a charger than driving. I have a 75kW battery in my Tesla, and it's nice to know that I could drive it to \"\"empty\"\" and then charge back up fully once I get home. Better yet, it will charge completely to full in about the amount of time I should be sleeping at home.   The \"\"range anxiety\"\" is closely tied to the charging concerns, and with the Tesla Supercharger network doubling by year's end and continuing to grow (both Tesla's 480v charging network, as well as other plug-in options like Chargepoint, Blink, EV-GO, etc), charging is less of a gamble and more of just simple planning. Apps like \"\"PlugShare\"\" allow you to see crowd-sourced reports of EV plugs, what types they use, type of charging available, cost, availability, and more. You can plan your drive to use Superchargers on the road, and then plan your destination or evening stop in a place with charging capability. I think it's only a matter of time before destination chargers develop a valet system like what Tesla does at many Superchargers. Otherwise, by the end of 2017, you should never be too far from a Supercharger, an EV charging station, or even some kind individual who will \"\"lend you some juice\"\" to get you where you're going.\""}
{"_id": "280420", "title": "", "text": "I applaud all forms of tax evasion.  Considering that taxation is nesesary for on-going war, it's highly immoral to pay your taxes.  It will only lead to death.  However, it sounds like they're paying lots of taxes.  46 + 11.7 = 57.7%  How is that a loophole?  Sounds like they're getting shellacked."}
{"_id": "280433", "title": "", "text": "&gt;They\u2019re using it as a way to manage their money better. It\u2019s a question not necessarily of spending less but of learning how to spend smarter.  And  &gt;From a strictly financial perspective, layaway looks foolish. As critics point out, if you were to put the purchase on a credit card instead and pay off the amount in full by the time that the layaway period would have elapsed, you could well pay less in interest than the five-dollar service fee that most stores charge. Alternatively, if you don\u2019t have a credit card, you could put the money you\u2019re going to spend on the product into a savings account or under your mattress. That would save you the service fee and eliminate the risk that you\u2019ll have to pay a cancellation fee if you end up not making all the layaway payments.  Basically this.  Layaways do not make financial sense.  You are better off putting the money into a bank account.  Why do people have such little financial control?"}
{"_id": "280435", "title": "", "text": "\"To the best of my knowledge, in California there's no such thing as registering a place as a business. There's zoning (residential/commercial/mixed/etc), and there's \"\"a business registered at a place\"\". But there's no \"\"place registered as a business\"\". So you better clarify what it is that you think your landlord did. It may be that the place is used for short term rentals, in which case the landlord may have to have registered a business of short term rentals there, depending on the local municipal or county rules. Specifically regarding the deposit, however, there's a very clear treatment in the California law. The landlord must provide itemized receipt for the amounts out of the deposit that were used, and the prices should be reasonable and based on the actual charges by the actual vendors. If you didn't get such a receipt, or the amounts are bogus and unsubstantiated - you have protection under the CA law.\""}
{"_id": "280452", "title": "", "text": "\"The Business Dictionary has three definitions of \"\"turnover\"\".  When it comes to share dealing, the most likely one is the total value of shares traded on the stock exchange in a given period.\""}
{"_id": "280467", "title": "", "text": "\"Uhh, you don't have to read the comments if you are sooo worried about people like me ruining  reddit you dumbass. And yeah, I'm not so weak minded that I allow a exchange with a moron on the Internet to fill me with an anger that persists over a period of weeks. I had my fun shutting you down then you went and ruined it by spitting nonsense an concluding your poorly thought out statements with such zingers as, \"\"eye won teh web fight! Now I report you to mods for being jerk!\"\"   So yeah, I'm not bent out of shape, mad, or upset. People I have never met don't have that power over me. However, I wish I could meet you to see if you are for real.   Oh and when you say, \"\"and neither is anyone else\"\" let me remind you that it's just you and me here champ. Both yelling at each other in a void (figuratively of course)\""}
{"_id": "280468", "title": "", "text": "An inherited Roth has no tax due at withdrawal. This doesn't change in the case of an inherited Roth received through a spouse as a result of a QDRO. So no tax for you.  To be clear, for an inherited Roth, there's an RMD each year (even though one may be under 59-1/2, e.g. a 5 yr old beneficiary will have an RMD) but there is no penalty for taking more than the RMD or cashing the full value.  Is there more to your question? Why are you taking on debt?"}
{"_id": "280470", "title": "", "text": "It's telling how all you get out of it is that the real problem is someone exaggerating how egregious a highly egregious level of fraud was.  As if the important thing here is that it was *only* an $800billion market over 2007-2008. If that's what you've deemed the thing most worthy of note you need a reality check."}
{"_id": "280478", "title": "", "text": "In the theater, it's a person who can afford to buy expensive pop corn, cause he can buy the expensive movie ticket too... Also sitting at one place will make him feel hungry and buy something to eat... So maximum chances are that in the theater, that guy is your potential customer... Otherwise if the popcorn seller is somewhere outside the theater, they may charge you less. That's because of a different target audience... They would be targeting anyone who comes near the theater, who would not be willing to pay for expensive snacks or movie tickets... So very few customers around will be actually potential customers... To maximize their profits, they will keep the prices low and supply as much as they can... I know this is going against the normal Price Elasticity of Demand and Supply graph, but if the prices are low there will be high demand, so if the PED is more than 1, the supplier should supply as much as they can, to maximize profits... Its all based on the target audience... That's what I think should be the case of expensive popcorn in movie theaters..."}
{"_id": "280483", "title": "", "text": "\"If i do this, I would assume I have an equal probability to make a profit or a loss. The \"\"random walk\"\"/EMH theory that you are assuming is debatable. Among many arguments against EMH, one of the more relevant ones is that there are actually winning trading strategies (e.g. momentum models in trending markets) which invalidates EMH.  Can I also assume that probabilistically speaking, a trader cannot do worst than random? Say, if I had to guess the roll of a dice, my chance of being correct can't be less than 16.667%. It's only true if the market is truly an independent stochastic process. As mentioned above, there are empirical evidences suggesting that it's not.  is it right to say then that it's equally difficult to purposely make a loss then it is to purposely make a profit?  The ability to profit is more than just being able to make a right call on which direction the market will be going. Even beginners can have a >50% chance of getting on the right side of the trades. It's the position management that kills most of the PnL.\""}
{"_id": "280491", "title": "", "text": "I think a business that pays as little as possible for quality results is successful. Business isn't out to make everyone's lives better, it's out to make a profit. Generally a better paid work force is a more productive work force, but expecting companies to care about people for any other reason than for their own economic benefit is naive."}
{"_id": "280492", "title": "", "text": "\"In your situation, you probably should not cash in your IRA and 401(k). A good mortgage lender will want to see that you have \"\"reserves\"\" -- money that you could fall back on if you hit a very rough patch.  Your current savings and retirement accounts might add up to a suitable reserve. You might want to do something like this instead: By the way, instead of cashing in a 401(k), it is usually better to: This method avoids large tax penalties, and encourages you to rebuild your 401(k).  Unfortunately, your large debt balances might prevent you from getting the PLOC.  But even in the worst case scenario (where you cannot use a PLOC to pay off a 401(k) balloon payment), it postpones the tax hit until after the balloon payment.\""}
{"_id": "280523", "title": "", "text": "\"&gt;First of all, close to 25% of humans(but I think this statistic is particular to Americans) suffer from Mental Illness(whether they (or their peers) acknowledge it or not).   Define \"\"Mental Illness\"\", I dare you to come up with anything solidly consistent that would apply to anything anywhere *near* 25% of the population.  Psychology is, and always was a way of classifying behaviors without any real scientific basis  -- generally as a form of \"\"social control\"\" (although it can also be \"\"social apologia/justification\"\") -- Cf Drapetomania, etc.  The problem with that \"\"25% of people\"\" (or whatever percentage someone pulled out of their arse) -- is that it is defined by the group of people who specifically benefit from enlarging their client base.  You may as well ask Realtors to define what percentage of people are \"\"in need of housing changes\"\" (upsizing, downsizing, buying, etc).\""}
{"_id": "280530", "title": "", "text": "Most people carry a diversity of stock, bond, and commodities in their portfolio.  The ratio and types of these investments should be based on your goals and risk tolerance.  I personally choose to manage mine through mutual funds which combine the three, but ETFs are also becoming popular. As for where you keep your portfolio, it depends on what you're investing for.  If you're investing for retirement you are definitely best to keep as much of your investment as possible in 401k or IRAs (preferably Roth IRAs).  Many advisers suggest contributing as much to your 401k as your company matches, then the rest to IRA, and if you over contribute for the IRA back to the 401k.  You may choose to skip the 401k if you are not comfortable with the choices your company offers in it (such as only investing in company stock). If you are investing for a point closer than retirement and you still want the risk (and reward potential) of stock I would suggest investing in low tax mutual funds, or eating the tax and investing in regular mutual funds.  If you are going to take money out before retirement the penalties of a 401k or IRA make it not worth doing. Technically a savings account isn't investing, but rather a place to store money."}
{"_id": "280538", "title": "", "text": "In some circumstances losses from self-employment can be offset against total income and/or capital gains. If this applies to you may be able to claim back some of the tax taken by PAYE from your day job.  You can also to some extent carry the loss backwards into previous tax years or forward into the next one if you can't use it fully this year. HMRC have some information available on the current rules: When you can claim losses  You can claim: But You can\u2019t claim:"}
{"_id": "280546", "title": "", "text": "See, they got it backwards, you spend the money and THEN you raise taxes to cover it.  It's the spending that stimulates the economy, not the increased tax base.   (ps, yes I know Japan has a national debt and has therefore already spent the money ;)"}
{"_id": "280551", "title": "", "text": "Has anyone here ever actually bought something with their voice? This seriously sounds like the dumbest use for technology I can think of. Is it really not worth it to at least see a picture of the item you want before getting it?"}
{"_id": "280580", "title": "", "text": "Eh, you hear this argument all the time, but it doesn't actually work out that way in the real world, though, because corporate pay structure is extremely malleable over time.   If a company makes $100M one year, it will pay the investors what they're expecting, the low-level employees what they're willing to tolerate (which is often the minimum wage), and then the upper management whatever is left (i.e. whatever the company can afford to attract the best management). By bumping up the minimum wage, the main effect is that it forces companies to change their pay structures (which are currently ridiculous - the U.S. CEO-to-avg-worker pay is around 200:1; Japan and Germany are around 15:1, IIRC).  Feel free to dig deeper into the numbers and the studies if you want further evidence, but even a cursory glance at our history (or the current situation in Australia) shows that the effects of a high minimum wage on both inflation and unemployment are largely overstated."}
{"_id": "280593", "title": "", "text": "Typically, withdrawing cash from an ATM once abroad gives you the best exchange rate, but check if your bank imposes ATM withdrawal fees. This works well for all major currencies, such as GBP, Euro, Yen, AUD. I've also withdrawn Croatian kunas, Brazilian reais and Moroccan dirhams without any trouble. In Southeast Asia, it may be a different story. Thai ATMs, for example, reportedly impose a surcharge of about $5."}
{"_id": "280611", "title": "", "text": "Is this right? The example is slightly off. Google would be running a cafeteria that can be subsidized. Employees pay an amount to buy food. Not every one spends the same amount or eats the same amount of food. If someone doesn't use cafeteria; he doesn't get more money. For example, suppose John Doe makes $100,000 a year taxed at a rate of 20%, for a take home pay of $80,000. He spends $10,000 on food. His employer Corporation decides to give him all of his food and deduct it as a business expense - costing them $10,000. But now they can pay John Doe an amount so his take home pay will be reduced by $10,000 - $87,500 The company is now spending $97500 employing John Doe, for a savings of $2500$. If a scheme is devised specifically to evade taxes; then it is invalid. In this case Bill may buy groceries worth only $5000. So keep track of which employee buys how much groceries in added cost of Google. Plus one can't really call it a business expense."}
{"_id": "280626", "title": "", "text": "To expand a bit on what TripeHound said in the comment section, past performance is not indicative of future performance, which is why the best advice is to ignore if you already own the stock or not.  If the stock goes down, but you've done your research and think it will come back, then investing more isn't a bad idea. If the stock is doing well and it will continue to do well, then invest more. Treat investing more into a stock you already own as a new investment and do your research.  TL;DR of your question, it's a very case-by-case basis"}
{"_id": "280667", "title": "", "text": "ICANN will protect you from theft but it might take months to sort out. I think the best ur gonna get is a registrar that supports 2fa. Setup auto pay of course and make sure registrar emails are valid/monitored.   Why not just hand the domains yourself and charge them double."}
{"_id": "280672", "title": "", "text": "Dow will not exist in 100 years. AI computer trading will remove all faith in the current system and companies will find new ways to raise equity capital that won't necessarily involve traditional exchanges. Even if exchanges are still strong the concept of the DOW is flimsy even today.  I love Warren but he is not tech sophisticated enough to understand the shitstorm that AI will bring to financial markets."}
{"_id": "280676", "title": "", "text": "\"6% isn't \"\"too high\"\" in terms of market rates at the moment, however it's a very subjective question whether it's too high for you. The real question to determine is if paying 6%, can you make more than 6% return (to cover the costs plus your profit)? As for a rule of thumb, there's none I know of, however your best bet is to take the time to model it in Excel (not difficult).  It's different for each portfolio or investment. Something with a high standard deviation of returns is already high risk, adding margin to it only makes it worse.  So, long story short is that, \"\"it depends\"\".\""}
{"_id": "280679", "title": "", "text": "\"Paypal has an account called \"\"micropayments\"\" for those who have a lot of transaction under $10 with \"\"better\"\" commission structure, 5%+5c per transaction (rather than 2.9% + 30c with regular merchant accounts)\""}
{"_id": "280682", "title": "", "text": "&gt; DC, Dallas, Boston and Denver   DC &amp; Boston too expensive, Dallas too suburban. Denver has urban core and walkable neighborhoods, plus super high quality nature nearby.  Technically, Dallas is improving a lot with DART etc, but it's still pretty sprawly."}
{"_id": "280685", "title": "", "text": "\"There's no objective definition of what your house is worth between sales.  If you sell it for $107K, then that's the current functional definition of its worth.  There is not \"\"extra\"\" money to be had because you sold it for less than it was worth.  If the buyer is able to flip it for more, then the value of the house effectively went up and he will pocket the difference when he sells it. EDIT This turned out to be unexpectedly controversial, so let me be more precise in my answer.  I think this is important because it seems like many people misunderstand equity and how it figures (or doesn't) into the value of their home, which then leads to significant confusion and errors in what's many people's largest single investment. At any given time there are several possible ways to put a dollar value on your home.  A non-exclusive list that includes: Some of these obviously are more \"\"official\"\" than others. It would not be strange for these different values to vary by quite a bit at any given time. (This is what I meant in my original answer when I said there's \"\"no objective definition of what your house is worth between sales.\"\") The interesting thing - and what I meant in my original answer when I wrote \"\"current functional definition of its worth\"\" - is that none of these factor directly into the transaction that the OP described of selling his house except for the last.  Using the numbers from the OP's example, that means the $107K.  Wherever the OP got the number $155K (either from one of the options on my list above or somewhere else), it won't be directly part of the sale between him and his friend. (For completeness, with a nod to Eric's comments on my original answer, some of these numbers may indirectly influence the sale.  For example, the buyer typically won't be able to get a mortgage for a value greater than the appraised value of the house, and so that might influence what he's willing and able to bid.  There may also be tax consequences if the price is artificially low, like, say, a gift.  As further expounded below, however, that's not directly relevant to answering the OP's stated question.) Now, the OP seemed to believe that there is an \"\"extra\"\" $48K in cash up for grabs in this scenario.  That comes from the $155K value that the OP claims his house has and the $107K price of the actual proposed sale.  This is a complete misconception.  When the buyer and seller sit down at closing and the title agent sums up who owes and who receives cash in this transaction, the $155K \"\"theoretical\"\" value will not enter into the calculation and therefore no one will pocket it. Subsequently, however, after the buyer takes possession, he may sell it.  If it's true that he \"\"got a deal\"\" on the transaction at $107K, then he maybe able to flip it and turn a profit.  But if that happens, it will be in a completely separate, subsequent transaction. Even if you look to this hypothetical second sale, however, the $155K doesn't really figure.  The new owner will have to find his own buyer, and they will have to agree on a price.  That might happen to be $155K, but there's no real reason to believe that it will or it won't.\""}
{"_id": "280696", "title": "", "text": "\"In theory, the term of the bond does not affect the priority.  It does not matter whether a \"\"Junior Subordinated Debenture\"\" is due in one year or sixty, it is still lower priority than a \"\"Secured Note\"\".  On the other hand, if the \"\"Secured Note\"\" is secured by something that is not worth as much as the note, the excess is an unsecured debt. In practice, the term of the bond has two effects: Short term debt holders are more likely to get out just before the company goes broke.  Sometimes their efforts to get out are exactly what causes the company to go broke!  (\"\"Commercial paper\"\" is even more fickle than banks.) All other things being equal, and depending on the terms of the loan, some bonds get priority over bonds of the same type that are issued later.  For example, your first mortgage usually takes precedence over your second mortgage.\""}
{"_id": "280699", "title": "", "text": "They represent two distict payment processing mechanisms that just happen to be available on one product. Rather like having dvi and hdmi on you laptop. Your account number and sort code relates to the bank account. Your long number, expiry and ccv relate to the card. It is perfectly possible and not uncommon to have two different cards on the same account, which would have their own card numbers etc. The BACS, CHAPS, DirectDebit and FasterPayments systems use the account numbers.  These transactions are practically irreversible and work through the interbank transfer system and should be considered 'direct money transfers' - electronic cash. The long digits are used by Mastercard, Visa, AmEx etc and go through their own payment systems.  These payments are 'indirect' and may or may not be reversible as the private payment network (visa etc) has some accountability. They work like electronic cheques. This is why debit card transactions can cause you to go overdrawn - you are writing a promise to pay from an account.  It is up to the bank to block the card if you have no money, vs a CHAPS payment that checks the money is there before moving it. It is easier (but still hard) to recover money lost through Visa fraud than BACS. Credit cards have only the long number etc. While savings accounts (non-checking accounts) have only account numbers. Depending on where you are different laws will likely cover debit card vs money transfer payments.  In the UK Direct debit guarantee is the most common protection on the BACS system, while standing orders and faster payments give you little legal power.  Debit cards will give you some protection because the payment system stands between you and the bank account, so if you didn't make the transaction you should be able to reclaim the money ('card not present fraud').  If you did make the transaction but the vendor failed to supply or goods were faulty then a Chargeback system exists where you may also be able to reclaim.  A bank transfer you make is irrecoverable and refund can only be claimed through court for faulty goods."}
{"_id": "280718", "title": "", "text": "I wouldn't send it to India in the first place because their financial system is a bit sketchy, I would look into countries like Germany to send the money to you if you're looking to avoid high taxes with a very stable financial system"}
{"_id": "280719", "title": "", "text": "If you are comfortable picking individual stocks and can get into Robinhood you only need $1000 to get started. This means buying one stock of this, two stocks of that, etc. but it works."}
{"_id": "280727", "title": "", "text": "It just absolutely isn't. And all FCF is Non-GAAP...  Why would it be? They aren't going to generate serious free cash flow until the growth slows down. That is so far in the future that the uncertainty completely masks any added granularity that you get by modeling out FCF by year."}
{"_id": "280763", "title": "", "text": "I\u2019m going to answer this because: Accounting books only reflect the dollar value of inventories. Which means if you look at the balance sheet of McDonalds, you will not see how many bags of French fries are remaining at their storage facility, you will only see the total value at cost basis.  Your requirement for noting the number of shares purchased is not part of the double entry accounting system.  When you transfer $10000 from bank to broker, the entries would be:  The bank\u2019s name and the broker\u2019s name will not appear on the balance sheet.  When you purchase 50 shares at $40 per share, the accounting system does not care about the number of shares or the price. All it cares is the $2000 total cost and the commission of $10.  You have two choices, either place $10 to an expense account, or incorporate it into the total cost (making it $2010).  The entries for the second method would be: Now your balance sheet would reflect: What happens if the price increases from $40 per share to $50 per share tomorrow? Do nothing. Your balance sheet will show the cost of $2010 until the shares are sold or the accounting period ends. It will not show the market value of $2500.  Instead, the Portfolio Tracker would show $2500. The most basic tracker is https://www.google.com/finance/portfolio .  Later if you finally sell the shares at $50 per share with $10 commission: Again, the number of shares will not be reflected anywhere in the accounting system. Only the total proceeds from the sale matters."}
{"_id": "280769", "title": "", "text": "I'm guessing you're in the US? If so, yes, you can be prosecuted, but it's unlikely.  Fraud crimes are up to a prosecutor to pursue, there are a lot of fraud cases and bystanders take low priority, I'm assuming you're passively complicit, not actively.  If this is the case it's best to work with the bank to get your situation cleaned up and move on.  These days, most banks have dealt with wire fraud at least once, and they're familiar with cashiers check fraud.   A fair warning, the bank will report you, if they think you're involved, so if you are not a complete bystander, you may want to lawyer up.  So hopefully you didn't try to spend any of the fraudulent money and hopefully you have proof of a third party, because they will want a connection to that person (name/number/other) to file their report."}
{"_id": "280776", "title": "", "text": "\"According to your numbers, you just stated that you spend approximately $1500 in discretionary expenditures per month, yet are unable to save. I fully realize that living in a big city is usually expensive, but on your (presumably after-tax) salary, I think you can easily save a substantial portion of your income. As others have already noted, enforcing saving of a significant portion of your discretionary income is the most obvious step.  It's easy to say, but I suspect that if you are like most people who have difficulty saving, the psychological impact of quitting your previous spending habits \"\"cold turkey\"\" is likely to be very harsh, all the more so if you have an active social life.  You may find yourself becoming depressed or resentful at \"\"having\"\" to save.  You may lose motivation to work as hard because you might think that you're putting away all this money for the distant future, whereas you are young now and want to enjoy life while you can. It is in this context, then, that I looked at your other financial obligations.  Paying $1300/month to your parents is a lot.  It's over 20% of your after-tax salary.  You do not specify the reasons for doing this other than a vague sense of familial duty, but my recommendation is to see if this could be reduced somewhat.  If you can bring it down to $1000/month, that $300 would go into your savings, and you would psychologically feel a lot better about putting, say, $600 of your own discretionary income into savings as well.  Now you have, all told, about $1000/month of savings without severely curtailing your extra expenditures. But I would start with that $1500/month of luxury spending first.  And yes, you do need to view it as luxury spending.  The proper frame of mind is to compare your financial situation to someone who is truly unable to save because their entire income is spent on actual necessities:  food and shelter; their effective tax rate is 0% because they earn too little; and they usually find themselves in debt because they cannot make ends meet.  Now look back at that $1500/month.  Can you honestly say that you cannot afford to cut that spending?\""}
{"_id": "280779", "title": "", "text": "Other than the exchange risk, one more thing to consider is interest rate risk and the returns you are generating from your money. If it is lying around in a current account with no interest then it is rational to keep it where you intend to stay(US or AUS). Now if your money is working for you, earning interest or has been invested in the market then it seems reasonable that you should put it where it earns the maximum for you. But that comes with a rider, the exchange risk you may have to bear if you are converting between the currencies. Do the returns earned by your money cancel out the FX rates moving up and down and still leave you with a positive return, compared with what you would earn if your money was where you stayed. Consider the below scenarios Do evaluate all your options before you transfer your money."}
{"_id": "280788", "title": "", "text": "\"Are you working for a company that offers a Dependent Care Account? You may be able to withhold up to $5000/yr pre tax for care for you child.  If you cover more than half her expenses, she is your dependent. You can't \"\"double dip.\"\" If she is your dependent, she cannot be the care provider for purposes of the DCAS, see Pub 503  top of p7 \"\"Payments to Relatives or Dependents.\"\" How do you think a business would change your situation? The DCA is a small tax break, if you have no business now, this break isn't something that should drive this.\""}
{"_id": "280800", "title": "", "text": "A lower statuory rate, relative to the statutory rates of other developed countries (every single one of which have statutory rates much lower than ours), incentivises firms to invest more money in the US and hire more American workers, and to make good business decisions, rather than forcing them to make decisions based on steep, arbitrarily set tax liability."}
{"_id": "280805", "title": "", "text": "Some things you missed in your analysis:   How will financing change your insurance costs?  I.e. what is the difference between the insurance that you would buy for yourself and what they require?   Note that it is possible that your insurance preferences are more stringent than the financing company's.  If so, this isn't a big deal.  But what's important is to consider if that's true.  Because if you'd prefer to drive with only the legal minimum insurance and they insist that you have full coverage with no more than a $1000 deductible, that's a significant difference.   Remember that you don't have $22.5k for six years.  You have an average of $10.5k (($22.5k + -$1500)/2) for six years.  Because you make payments ($24k) throughout.  So you start with $22.5k and subtract $333.33 a month until you reach -$1500.  That neglects both investment gains and potential losses.   It's not the $333 payment that will freak out mortgage companies.  It's the $24k debt.  But that's offset by your $22.5k in assets at the beginning.  And the car of course counts as an asset, albeit at lower than its sale value.  I.e. from the bank's perspective, paying $22.5k for a car out of savings is almost as bad as borrowing $24k for a car.  Both reduce your net worth.   Watch out for hidden fees.  In particular, 0% interest can often change into higher interest under certain circumstances.   If we assume a 7% return for the six years, that's about $1400 the first year and less each year after.  Perhaps $4500 over six years.  But you aren't going to get a 7% return if you keep $24,000 in a bank account in case you have to pay off the loan.  Instead, you'll get more like 1%, less than inflation.  Even five year Certificates of Deposit are only about 2%, right around inflation (1.9% for previous twelve months).   You can't keep the $24,000 in a securities account and be sure that it will be there when you need it.  If the market crashes tomorrow, your $24,000 might be worth $12,000 instead.  You'd have to throw in extra money from elsewhere.  Instead of making $4500 at the cost of $1500, you'd have paid $25,500 for $12,000.  Not a good deal.  So for your plan to work, that $24,000 needs to be in an account that won't fall in value.   You either need to compromise on the idea of a separate account that is always there when you need it, or you have to accept rather low returns.   Personally, I would prefer not to have the debt and not to pay extra on the insurance.  But that's me.  The potential investment returns are not worth it to me.  If you give up the separate account, you can make a few thousand dollars more.  But your risk is higher."}
{"_id": "280822", "title": "", "text": "So apparently ACH and eCheck are interchangeable. The confusion arises from PayPal's ambiguous use of terminology. According to this thread ( https://www.paypal-community.com/t5/Sending-money-Archive/how-do-i-change-from-a-echeck-to-an-instant-payment/td-p/92459 ) the payment process PayPal takes is a bit complicated, but if you try to send money to another person via PayPal:"}
{"_id": "280835", "title": "", "text": "In any case, for sure, the wages went up... a lot... and most likely wage increases are most of the 30% increase in costs.  As for consumers paying more, maybe they will get better quality, maybe they will be able to afford it now with extra income and maybe they will not raise the prices as they already have huge margins, people have choices and the real estate prices is only based on relative price of neighboring houses, used or new."}
{"_id": "280838", "title": "", "text": "It depends on your situation. Take the job only if you really need the job and there's no job close to your experience and salary expectations. IMO $70K is not much in NYC given the cost of living there, even if you stay in Jersey City, NJ and take a train. However, it does depend on your lifestyle. Also, if HR is not willing to keep their commitment now, they generally won't keep any other commitments like negotiated perks as part of the job offer. However, sometimes you may have to compromise because of other factors that make the job desirable: the team, the work, and enthusiasm for the business."}
{"_id": "280845", "title": "", "text": "SIPPs tend to have relatively high fees, so if you stick with simple stuff and never use the freedom to invest widely, you might be wasting money. At least an element of the fees tends to be a fixed amount rather than a percentage, so generally you also need a few tens of thousands of pounds to put in before they make sense. One thing that worries me slightly about SIPPs (I have one myself) is the fraud risk: what if a corrupt employee of the trustee company runs off with my money? I'm not sure that there's any compensation scheme that would cover that situation. If any of your old pension pots are in defined benefit schemes rather than money purchase, you should probably leave those ones where they are. Other than that I don't see any pitfalls."}
{"_id": "280846", "title": "", "text": "Because money markets. Why federated is high too. Very flawed methodology and click bait. MM clients (typically big corporates) move in and out all the time as MM funds provide liquidity solutions. Goldman has one of the largest corporate cash franchises. So... net net this is one big nothing burger."}
{"_id": "280861", "title": "", "text": "I agree with what you say about usage habits, and as for growth in membership, yeah, it's a case of the law of diminishing returns:  http://en.wikipedia.org/wiki/Diminishing_returns  I'm really hoping that Tumblr becomes the network of choice, at least within the US. I don't know how Pinterest got so popular so fast, but whatever.  20  pinterest.com  45,843,052     23  tumblr.com  42,106,840    http://www.quantcast.com/top-sites-1"}
{"_id": "280862", "title": "", "text": "&gt;If a road is not profitable, it won't be built, right? So all of those roads in the country, that go up mountains, that I love to travel on won't exist?  If enough people want it and are willing to pay to use it, it will be built. If not, why should I subsidize your hobby with my tax dollars?  &gt;These corporations have the right to decide who gets to use the roads, right? You're all about the free market, but what if the guy who owns the road to my house jacks up the price or does a crappy job maintaining it? I just have to move?  Yes, although I would argue that basic infrastructure such as roads should have some level of price control. Not a completely free market but still better than what we have now.  &gt;It will also be for-profit, which means it will cost more. You're willing to pay more to use a road because it's your choice as opposed to less for that road because someone made you pay for it? (as in, it will have to continue to turn a profit, even after it's been paid for.)  Not necessarily true. If private corporations can be more efficient than government, it doesn't have to cost more."}
{"_id": "280892", "title": "", "text": "As long as doterra oils available online are 100% pure, not only do they have a therapeutic value but can be quite beneficial to your health as well. So, make sure you always look more 100% pure essential oils."}
{"_id": "280895", "title": "", "text": "no interest expense (no debt in the capital structure) and an income tax benefit is one possible scenario. you determine this through the financial statement by looking for the differences between the E and EBIT in those calculations (interest and taxes).   of course, extraordinary items and discontinued operations could also be present, and result in the difference noted."}
{"_id": "280943", "title": "", "text": "&gt;\u201cThere must be some way to make us whole,\u201d Lowe told Variety. \u201cWe know we have to prove the value we deliver and, at that point in time, where we\u2019re delivering value to studios and theaters, we can work together with them in a constructive manner so that everybody makes more money.\u201d  This reasoning sort of fascinates me. His strategy is to hope that, at some point, the businesses that his business relies on to exist will decide to share their profits with him. Is that something that happens??"}
{"_id": "280953", "title": "", "text": "Ya my dad worked on the audit team in the 70s that actually looked at the deal. He later used the connection to get an accountant job at McDonald's.   He read Ray's and the brothers letters as was helping as the impartial 3rd party to vet the audit and numbers.   The buyout fued was bullshit. The 1% was a contentious issue the brothers wanted and kept trying to include in the negotiations but eventually gave up on when Ray offered them a satisfactory deal in return."}
{"_id": "280958", "title": "", "text": "What do you want to do after college? That drastically alters what I (and others) would recommend.   The one thing I don't see anyone recommending, but is probably the most important, is in three parts. 1) learn deeply about the field(s) you want to enter 2) learn about the firms who are the best in it 3) speak to people (start low in the hierarchy, move high, using e.g. LinkedIn to ID them)."}
{"_id": "280966", "title": "", "text": "I would like to get to meet these people who think rent-2-own is a great idea.  I see a river of profits.  I remember a friend of mine worked at a pawn shop.  He said people would end up paying $100 for something that was worth maybe $20 on eBay."}
{"_id": "280967", "title": "", "text": "Invest in kids, not pension - they never inflate. Without kids your retirement will be miserable anyway. And with them you'll be good. Personally, I do not believe that that our current savings will be worth it in 30 years in these times."}
{"_id": "280975", "title": "", "text": "Her claim to fame was saying citi might have to cut their dividend, but rated citi as a underperform in the $30s a share when other analysts had it at a sell earlier than that. She kept ratings like outperform and perform on lehman and bear.  She was quite the media machine more than anything."}
{"_id": "280988", "title": "", "text": "[This comment](http://news.ycombinator.com/item?id=4620597) was first posted in full on [HackerNews](http://news.ycombinator.com/) by [nlh](http://news.ycombinator.com/user?id=nlh) 14 hours ago.    Original comment: &gt;I'm a huge Spotify fan. In fact, I love it so much that I haven't purchased a song from iTunes in months. That alone should speak volumes about their position in the industry - I can't be alone here, and that means that for some significant portion of people, money has stopped going to Apple for music and now goes to Spotify. &gt; &gt;But here's the thing -- Spotify is too cheap. Their service is amazing and far, far too inexpensive relative to what they provide. They provide a bulk of their service for free, and people like me who want a bit more pay $10 a month. &gt; &gt;To get access to 5,000 songs via iTunes would cost me (roughly) $5000 -- and people are willing to pay it. That's 500 months of Spotify (42 years!) subscription to generate the same amount of revenue. &gt; &gt;So while I agree that music licensing costs, particular for radio-like services like Pandora, need to go down to be more in line with broadcast rates, I don't think that's what's hurting Spotify here. I think they're providing far too much value for what they get paid.  ----  Internet justice, away!"}
{"_id": "280992", "title": "", "text": "Here is a deliberately simple example of Dollar Cost averaging: Day 1: Buy 100 shares at $10. Total value = $1,000. Average cost per share = $10.00/share (easy). Day 2: Buy 100 more shares at $9. Total value = $1,900. Average cost per share = $9.50/share (1,900/200). Notice how your average cost per share went from $10.00 to $9.50. Now instead of hoping the stock rises above $10.00 a share to make a profit, you only need it to go to $9.50 a share (assuming no commissions or transaction fees). It's easy to see how this could work to your advantage. The only catch is that you need buy more of a stock that is dropping (people might think you're crazy). This could easily backfire if the stock continues to drop."}
{"_id": "281000", "title": "", "text": "From an India tax point of view your father can gift you unlimited amount of money and the transfer would be under Gift Tax act. As per the act there is NO tax on this transaction. I does not matter if you get yourself added into the joint account or not. From a US tax point of view, this transfer would come under gift tax, however in US the gift tax is applicable on the Donor [i.e. your father]. As your father is not a US Citizen the provisions are not applicable to him. Edit Under the liberalized remittance scheme, an individual can transfer upto USD 1 million every year. A CA certificate is required certifying that the taxes on the funds have been paid. Your Bank would be able to guide you on the exact process."}
{"_id": "281004", "title": "", "text": "Has there been any studies that look into the opportunity cost of this war as well? We lost $1.07 trillion but how much would we have produced as a country had that money been spent on Infrastructure? I'm guessing that $1.07 trillion becomes the minority of the cost, when factoring everything in."}
{"_id": "281005", "title": "", "text": "Eezzebay is a great New exciting Multi Platform E-Commerce, Social Media And the first company to Provide Music Download sales direct From Facebook, A first for Facebook and the Music Industry allowing Artists to not only showcase their talents but now also being able to make a reasonable revenue stream Simply from Facebook Eezzebay by providng tracks available for download and then posting them to their Facebook page so fans don't have to go somewhere else to download your track, fans can play your track then right below hit the buy button where they are directed to a Secure Check out page, where they enter their information, method of payment via many options, Credit Card, Paypal, emoney and Bitcoin etc then your download begins. Enjoy the Future of online business in multi platform Eezzebay and now a whats App Communication open to ordering products, social media and music downloads, there is a minimum monthly Payment rate of \u20ac25.00, If the artists single download revenue falls below this minimum payment rate the Artists revenue is carried over to the next month or until his revenue exceeds the minimum payment rate.                                                                                           The payments of revenue will be sent to the Artist by whatever means he prefers, Direct into the Artists bank account, Paypal or cheque, keeping in mind that their is an administration free of \u20ac2.50 per cheque.                                                                                Payments will be sent on the 1st of every month, however IF that falls on a Saturday or Sunday Payments will be sent on the first Monday of the month.                                                                     I look forward to seeing you all their, below is the Eezzebay Website and facebook page URLs:                                                     http:/facebook.com/eezzebay http:/eezzebay.wordpress.com We can also provide 2 Merchandise revenue streams of a t-shirt and hat with the Artists name and logo, with specific t-shirt and hats designed for specific gigs or events, increasing possible revenue by directing fans to their Music Brand and merch sharing it with their fans directly on thier own Artists Fan page on facebook, twitter, Pinterest, Instagram, Reddit, whatsapp, skype and many other Platforms. Including Youtube Let eezzebay become your hangout page on facebook and share it with all your friends, family and Fans."}
{"_id": "281023", "title": "", "text": "The fact is that AA pilots (for now, anyway) make more than pilots from Delta, United, US Airways, etc. make for doing the exact same job.  How long can that continue, when most consumers simply choose the airline with the lowest fare?"}
{"_id": "281025", "title": "", "text": "Gold Coast Party Hire is the regions leading provider for all your party needs. We proudly supply a wide range including marquees, lighting, stages, all your dining needs, slushie machines, and audio equipment. With competitive pricing and industry leading service, call us today to make your next event extra special."}
{"_id": "281040", "title": "", "text": "Insurance is to mitigate risk you can't handle yourself.  (All insurance, not just car insurance.)  The expected value of the insurance will always cost more than the expected value of your loss, that's how the insurance company makes money.  But sometimes the known fixed cost is better for your ability to sleep at night than the unknown (though likely lower) variable cost. If you were suddenly hit with a bill the size of your car tomorrow, would you be ok?  If so, then you can handle the risk yourself and don't need insurance.  If not, then you need the insurance. The insurance company sells thousands of policies and it's much easier to predict the number out of 1000 people that will get in an accident tomorrow than the chance that you specifically will get in an accident tomorrow.  So they can manage the risk by making a small amount of money from 999/1000 people and buying the other guy a new car."}
{"_id": "281045", "title": "", "text": "\"The answer is, unfortunately, along the lines of \"\"it depends\"\". It does depend a little on the bank - I've had a US bank account for years before moving to the US, and I didn't have an SSN or any status when I opened the account. What I did have however was an address in the US that they could send the statements to, and proof that I was living abroad (oh, and US citizen wife that had an account with the same bank). Not all banks will open a bank account for a foreigner with no status in the US, but it is generally possible. You will have to check with several banks and basically have paperwork showing your foreign address and proof of id (passport, possibly a drivers license as well).\""}
{"_id": "281049", "title": "", "text": "The other answers assumed student loan debt -- and for that, it's rarely worth it (unless your company only offers managed plans w/ really bad returns, or the economy recovers to the point where banks are paying 5% again on money market accounts) ... but if it's high rate debt, such as carrying a credit card debt, and the current rate of returns on the 401k aren't that great at the time, it would be worth doing the calculations to see if it's better to pay them down instead. If you're carrying extremely high interest debt (such as 'payday loans' or similar), it's almost always going to be worth paying down that debt as quickly as possible, even if it means forgoing matching 401k payments. The other possible reason for not taking the matching funds are if the required contributions would put you in a significant bind -- if you're barely scraping by, and you can't squeeze enough savings out of your budget that you'd risk default on a loan (eg, car or house) or might take penalties for late fees on your utilities, it might be preferable to save up for a bit before starting the contributions -- especially if you've maxed your available credit so you can't just push stuff to credit cards as a last resort."}
{"_id": "281051", "title": "", "text": "\"Which, if someone has been out of work for a while, may well be the unemployed one. After all rescuing someone from despair is a step towards nurturing loyalty.  For those who struggle with answering questions about why you have been unemployed for 2 years, people do like underdogs they can believe in. Nothing wrong with saying this is my dream job and you should pick me over others because I need it more and will fight harder to meet my goals for an employer that \"\"took a chance\"\" on me.\""}
{"_id": "281059", "title": "", "text": "\"&gt; sofi  This is most definitely not what we're (I'm) talking about; to wit:       The loans tend to be debt for law school, business school and      medical school. And while these grad students carry a median      $77,000 in debt, they are also bringing in an average of $140,000      in salary a year. (*See correction below.) Their average FICO credit      score? 776. It's another sign of how the credit market is only open      to a select few.   This is \"\"privatizing the gains\"\".  The sub-prime student loan losses will be \"\"socialized\"\".\""}
{"_id": "281083", "title": "", "text": "\"It's actually really hard to know anything about how skilled your friends are, unless you have a lot in-depth work discussions with them and you are in the same field.  And then there is the \"\"My dad plays golf with the CEO\"\" kind of who-you-know\""}
{"_id": "281090", "title": "", "text": "Worse comes to worse, you can switch majors later.    Going to a 'target' school might make things easier, but I know people from my school (a rather un-prestigious school in Canada) who graduated and wound up at Goldman Sachs and Bridgewater...  If you have the drive and knack for it, you'll be ok.  But if you're doing it because you're not good at science, you'll probably wind up with a pretty average job..."}
{"_id": "281099", "title": "", "text": "Inflation will damage the value of those cash reserves. This will harm the company's value. (Other factors may or may not be harmed. or helped.) Borrowing costs may be related to inflation, but they're not directly tied. Inflation happens, in fact, when it's easy to borrow money and more money gets created than new economic activity. (Also, if a competitor really needs to raise money, they can also issue new equity. It's not all borrowing.)"}
{"_id": "281100", "title": "", "text": "Blacksheep, Location de van propose des vacances diff\u00e9rentes, libres de toutes contraintes et originales \u00e0 prix abordable : \u00ab le road-trip pour tous ! \u00bb Comment ? Blacksheep, Location de van vous propose la location du v\u00e9hicule adapt\u00e9 et des activit\u00e9s sportives partout en France : un van am\u00e9nag\u00e9, que nous appelons \u00ab un campervan \u00bb. Presque tous les ingr\u00e9dients sont r\u00e9unis pour vous permettre de r\u00e9aliser un r\u00eave, un trip, des vacances diff\u00e9rentes et inoubliables il ne manque plus que vous. N\u2019h\u00e9sitez plus, vivez une exp\u00e9rience incontournable, parce que voyager sur de nombreux kilom\u00e8tres est comme lire de nombreux livres, tracer la route avec un campervan Blacksheep (mini camping car) !  Vous avez les cartes en main, maintenant composez vous-m\u00eame votre Road-trip sur mesure\u2026   R\u00e9servez ici : http://www.blacksheep-van.com/"}
{"_id": "281123", "title": "", "text": "How many people do you know making minimum wage that are happy to work more than 40hrs simply because they love their job? I think it's more likely that they enjoy being able to afford enough food to live on. Which is completely different. Don't be so cruel and naive."}
{"_id": "281129", "title": "", "text": "The T&C that comes with the card would usually tell you whether the card allows ATM withdrawal, though my experience with prepaid debit cards is that it usually does not. If that's the case, you have two options -"}
{"_id": "281141", "title": "", "text": "The black cab industry needed a shakeup for sure, but Uber's labour practices are terrible. You can't go around not giving employees the rights they deserve. And yes they are employees, just like Deliveroo and all the others are too.  Shitty labour practices should be stopped - that's what regulations are for - protecting consumers and employees.  If Uber started treating their drivers better I'd hope London would welcome them back. We'll see if that ever hapoens."}
{"_id": "281160", "title": "", "text": "I could also see the promise to keep NAFTA with Mexico, as well as the new CETA (free trade agreement between Canada and the EU) being a draw. Plus the fact Canada's started flirting more with China about free trade in the face of NAFTA struggles, as well as Britain flirting about joining NAFTA if Brexit goes poorly. Trade negotiations are another way Amazon could get slammed that's beyond their direct control.  Also the fact that it would let Jeff slam Trump, instead of likely having Trump try to take credit, could have some personal appeal.  Don't know if it will be enough, but Canada has some real selling points; if Toronto wasn't refusing to give special tax considerations, they might have had this in the bag."}
{"_id": "281166", "title": "", "text": "a. Depends on whether it is a gift (no tax, but need to file gift tax form against his lifetime exclusion) or a loan (in which case he needs to charge fair market interest, which he can forgive as a gift with no gift tax form, but for which will need to pay tax on the forgiven income. b. This is a definite possibility. Probably depends on the specific lender, but I would imagine this might be questioned, especially if there is an expectation of paying him back. c. Relationships. I would always avoid mixing family and finances in this way. Do you want your family gatherings to be tainted by owing him money? What if you fall on hard times? What if you go on a nice vacation instead of paying him back faster?"}
{"_id": "281167", "title": "", "text": "I work for a fund management company and we get our news through two different service providers Bloomberg and Thomson One. They don't actually source the news though they just feed news from other providers Professional solutions (costs ranging from $300-1500+ USD/month/user) Bloomberg is available as a windows install or via Bloomberg Anywhere which offers bimometric access via browser. Bloomberg is superb and their customer support is excellent but they aren't cheap. If you're looking for a free amateur solution for stock news I'd take a look at There are dozens of other tools people can use for day trading that usually provide news and real time prices at a cost but I don't have any direct experience with them"}
{"_id": "281168", "title": "", "text": "When you start investing makes a very large difference to the outcome, but that is on the time scale of what generation you were born into, not what week you choose to open your 401(k).  As you note in your last sentence, there is nothing that you can do about this, so there is no point in worrying about it. If you could successfully market time successfully, then that would make a difference even at smaller time scales.  But you probably can't, so there is no point in worrying about that either. As BrenBarn points out, your statement about not regaining their net worth until 2013 applies to someone who invested a lump sum at the 2007 peak, not to someone who invested continuously throughout.   By my calculation, if you started continuously investing in a broad market index at the peak (around Jun 4, 2007), you would have recovered your net worth (relative to investing in a safe instrument that merely kept up with inflation, a hard thing to find these days) around April 12, 2010.  I've done the computation on each business day because that is easier, so it might be slightly worse if do the periodic investment on each payday which is much more realist for a 401(k). (And of course if you need to preserve/recover you net worth in 3 years, you shouldn't be in stocks in the first place)"}
{"_id": "281191", "title": "", "text": "\"Why the heck are they employing these poor people if they aren't making a profit from their services? Just \"\"giving\"\" people jobs seems suspect. It's more likely that employers simply need employees in order for their businesses to function.\""}
{"_id": "281210", "title": "", "text": "Went to school off of broadway. I don\u2019t know if you\u2019re seriously interested but it\u2019s not safe. I do not recommend even convincing yourself it will be okay.   When I was in school there were at least two to three shootings per semester within blocks of campus.   It\u2019s not safe, not safe by a long shot."}
{"_id": "281216", "title": "", "text": "If you're fiscally responsible, go ahead and use a megabank.  Honestly, in all of the horror story experiences I've seen where someone went into honest details, they were trying to skate by with pointlessly risky decisions at the extreme bottom end of the financial spectrum. Nearly all of the complaints boil down to overdraft fees for people who run their account down to less than $10 and then get upset when something unexpected happens.  For example, when banks re-order purchases from largest to smallest, so that users would have to pay a larger quantity of overdraft fees...that can literally only happen if you've tried to spend more than you have in the account. It's mathematically not possible for that to happen any other way. So yes, I think everyone can agree re-ordering is shitty, but those overdrafts are also 100% preventable by *not trying to spend more than you have*.  Most people just want to jump on the gripe train, and they aren't going to share the real details of their situation, if they even understand them."}
{"_id": "281223", "title": "", "text": "The option commissions with IB for trading in the US market are between $0.25 to $0.70 per contract. However if you are looking to trade in Canada, where you are from, their option commission for Canada are $1.50 per contract (as you mention in your question). Note that each contract is for 100 shares, so if you wanted to trade the equivalent of 1000 shares, you would need to trade 10 contracts, so you would have to multiply the above commissions by 10 to get your final costs. (i.e. $2.50 to $7.00 in the US and $15.00 in Canada)."}
{"_id": "281228", "title": "", "text": "\"And it does not cover normal battery performance degradation, so there's that. Chrysler had an \"\"unlimited powertrain warranty\"\" a few years ago but it had so many asterisks it really only benefited people who planned on keeping their cars forever, and even then only covered powertrain stuff.\""}
{"_id": "281234", "title": "", "text": "\"Look at a broader diversification. Something like: For physical gold, I'd look at a mix of gold coins and bullion. Study the pricing model for coins -- you'll probably find that the spreads on small coins make them too expensive. There are a few levels of risk with storing in a vault -- the practical risk is that your government will close banks in the event of a panic, and your money will be inaccessible. You need to balance that risk with the risk to your personal security that comes with having lots of gold or cash in your home. My recommendation is to avoid wasting time on the \"\"Mad Max\"\" scenarios. If the world economy collapses into utter ruin, we're all screwed. A few gold coins won't do much for you.\""}
{"_id": "281236", "title": "", "text": "Don't be ridiculous. Or in fact, lets be ridiculous for a second. Why can't a software developer make $500k? It's still only a fraction of what one of the executives make.  Now, since realistically they won't get paid as much as you make it out to be, why is it so wrong for people to make a living wage? Why do we have to trumpet and pursue a race to the bottom in compensation? Why do you think that's ok? Is not fair for Americans and is not fair for the foreigners that are forced to come all the way to drive prices down by flooding the worker supply. They deserve as much pay as the Americans they're replacing but because they are looking for the better life and pay that they don't get they have to settle for a sub par pittance.  It's all just one sided. It's appalling that you can even pretend to be so indignant about it."}
{"_id": "281237", "title": "", "text": "It\u2019s a great concept. You skip the whole margin disaster in retail. Clothing etc. is mostly at a 200-300% and more margin because of risk nobody buys it after a while so hey can go down with the price for discounts. If you yourself sell it to the customer those 200-300% are now your profit. I only would run my own stores. The profit difference make it totally worth it setting up a store and hiring 20 people."}
{"_id": "281242", "title": "", "text": "Where did you live?   There is no way in hell you made minimum wage in a top 5 by population city in the United States and had a comfortable life.  That is 1200 a month after taxes in California; 1200, which I make more in a week now, would rent you a studio apartment where I live."}
{"_id": "281246", "title": "", "text": "In addition to the money-laundering, lifestyle, income tax, etc  issues discussed already in other answers, one other matter that  might concern the bank is whether that cash you are bringing in  to deposit is genuine currency or (some or all of) the bills  are counterfeit and you are using this mechanism to get them into  circulation.  Even if you withdraw a very large amount in cash from your bank, step out the door and come back just a few minutes later saying that you have changed your mind and want to put that money back into your account, there is still the question  as to whether the cash you have brought back is exactly the same as you took out or a substitution was made in the interim. I once needed a bank draft for $1000 and went to my bank to get it, taking with me a check made out to Cash for $1003 (the bank's fee was $3). The bank would not give me a bank draft in exchange for the check, or if I cashed the check right then and there and paid for the bank draft using the cash that the teller had just handed me. I had to tear up the check, write another one payable to the bank, and then I got my bank draft. As JoeTaxpayer says, it is a matter of paper trail. Additional matter added in edit: According to Wikipedia, because of the  Bank Secrecy Act of 1970, Many banks will no longer sell negotiable instruments when they are purchased with cash, requiring the purchase to be withdrawn from an account at that institution. which was exactly my experience.  Furthermore, even the banks that will still sell you a cashier's check or money order for cash must keep a Monetary Instrument Log (MIL) that records all such cash transactions for amounts between $3000 and $10,000, keep the records for at least five years, and produce it upon request of a bank examiner or auditor (and presumably upon subpoena by a district attorney or divorce lawyer). Cash transactions of $10,000 or over are, of course, reported to the IRS on Currency Transaction Reports.  In short, a paper trail exists for some time even for cash transactions quite a bit smaller than $10,000."}
{"_id": "281256", "title": "", "text": "An order is not a transaction.  It is a request to make a transaction.  If the transaction never occurs (e.g. because you cancel the order), then no fees should be charged. will I get the stamp duty back (the 0.5% tax I paid on the shares purchase) when I sell the shares? I'm not a UK tax expert, but accorging to this page is seems like you only pay stamp tax when you buy shares, and don't get it back when you sell (but may be responsible for capital gains taxes).  That makes sense, because there's always a buyer and a seller, so if you got the tax back when you sold, the tax would effectively be transferred from the buyer to the seller, and the government would never collect anything."}
{"_id": "281268", "title": "", "text": "Your current insurance, but at full price, is available to you via COBRA.  You can also look on your states exchange or the federal exchange for insurance.  You generally will not get your new company to provide money for COBRA or a policy not offered by your employer. But you can always ask. I have known of some companies that will provide money or vacation days to employees that get their insurance via TRICARE (for retired military). Also you will have to watch open seasons. When you start with the new company you have 30 days to join their program. If you don't signup in time, you have to wait for either a life event, or the next open season - which only happens once a year. If COBRA runs out before you get the new insurance in place you will have a problem. Note that open season may lead the start of the new policy by weeks or months."}
{"_id": "281291", "title": "", "text": "... That'll run out before most of those 400000 who put deposits down get their cars.   EDIT: Look at the [current](http://insideevs.com/when-will-the-7500-us-credit-expire-for-the-tesla-model-3-and-everyone-else/) drawdown schedule for the $7500 credit. Now explain how the [25000-car-per-quarter](https://www.theverge.com/2017/5/3/15535276/tesla-earnings-report-2017-record-deliveries-model-3) Tesla plant is going to sell 400000 Model 3s before the credit's *gone*.  E2: Now consider that $7500 is a lot bigger percentage of the Model 3's cost than it is for the S and X. It could be make-or-break as to how 'affordable' the Model 3 is *for its intended audience*."}
{"_id": "281306", "title": "", "text": "He probably doesn't expect you to know technical information about what he does, but you should almost certainly do  a fair amount of research to be fully aware of his role in the company, the mission of the company as a whole and the sort of needs he probably expects his assistant to fulfill.  Good luck!"}
{"_id": "281316", "title": "", "text": "\"BPI would have won this lawsuit. This was not a \"\"spurious lawsuit\"\". LFTB is a quality beef product that brings very lean, high protein beef to a market that allows more consumers in the US to be able to buy and consume beef at a price point their budget will allow.    ABC misled consumers by putting out a one-sided piece that was highly sensationalized to grab ratings.   I have seen LFTB before it is blended with more coarsely ground, higher fat trim which is whay is used to make hamburger. It is beef. Pure and simple.\""}
{"_id": "281318", "title": "", "text": "Exactly, expose the facts, and let people decide. There have been plenty of reports on the evidence around sugar, both real and fake. Some have chosen to ignore it. Some skip fake sugar. Some skip sugar entirely. That's why sodas have dwindled in market share and people have switched to sparkling or flavored waters. To a lesser effect, it's the same for fast food that's losing to places with higher quality ingredients.  None are near as disgusting as the oozy meat. That's a special level of awful quality."}
{"_id": "281322", "title": "", "text": "For Mac it's definitely iFinance."}
{"_id": "281329", "title": "", "text": "Perhaps there is no single formula that accounts for all the time intervals, but there is a method to get formulas for each compound interest period. You deposit money monthly but there is interest applied weekly. Let's assume the month has 4 weeks.  So you added x in the end of the first month, when the new month starts, you have x money in your account. After one week, you have x + bx money. After the second week, you have x + b(x + bx) and so on. Always taking the previous ammount of money and multiplying it by the interest (b) you have. This gives you for the end of the second month:  This looks complicated, but it's easy for computers. Call it f(0), that is: It is a function that gives you the ammount of money you would obtain by the end of the second month. Do you see that the future money inputs are given with relation to the previous ones? Then we can do the following, for n>1 (notice the x is the end of the formula, it's the deposit of money in the end of the month, I'm assuming it'll pass through the compound interest only in the first week of the next month):  And then write:  There is something in mathematics called recurrence relation in which we can use these two formulas to produce a simplified one for arbitrary b and n. Doing it by hand would be a bit complicated, but fortunately CASes are able to do it easily. I used Wolfram Mathematica commands: And it gave me the following formula:  All the work you actually have to do is to figure out what will be f(0) and then write the f(n) for n>0 in terms of f(n-1). Notice that I used the command FullSimplify in my code, Mathematica comes with algorithms for simplyfing formulas so if it didn't find something simpler, you probably won't find it by yourself! If the code looks ugly, it's because of Mathematica clipboard formatting, in the software, it looks like this:  Notice that I wrote the entire formula for f(0), but as it's also a recurrence relation, it can be written as:  That is: f(0)=g(4). This should give you much simpler formulas to apply in this method."}
{"_id": "281338", "title": "", "text": "Another European financial ETF that you could sell short is the iShares MSCI Europe Financials Sector Index Fund (EUFN). It's traded on American exchanges, so it should be easier to access if you're in the United States. It is a relatively low-volume issue, however, so it may be difficult to locate shares to short, and the bid/ask spread could be a significant factor."}
{"_id": "281361", "title": "", "text": "You can fairly simply make a spreadsheet in your favorite spreadsheet application (or in Google Docs if you want portability). I like to make an overview page that shows how much I take in per month and what fixed bills come out of that, then break the remaining total into four to get a weekly budget. Then, I make one page per month with four columns (one per week), with each row being a category. Sum the categories at the bottom, and subtract from your weekly total: voila, a quick reference of how much you can spend that week without going over budget. I then make a page for each month that lists what I bought and how much I spent on it, so I can trace where my money's gone; the category total is just a summation of the items from that page that belong in that category.  Once you have a system, stop checking your bank balance except to ensure your paycheck is going in alright. Use the spreadsheet to determine how much you can spend at any time. Then make sure you pay off everything on the card before the end of the month so you don't incur interest."}
{"_id": "281377", "title": "", "text": "Pre tax insurance is not possible unless the emplyer provides hsa and do a payroll deduction. Obamacare is all post tax and you can do deduction if your expenses exceeds 10%of your income"}
{"_id": "281383", "title": "", "text": "Who runs the courts? Would you have multiple competing courts? Courts usually work on the principle that one party doesn't want to be there; how would that work in a nationless world? What happens when a private enforcement agency gets a monopoly and then wants your stuff?  States work because we have representation, political recourse if there's abuse of the system (in theory).  A 'private enforcement agency' sounds like a fast track to a protection racket.  And also i'd argue that response by the state 100% is what is stopping 99% of people, look at the London 'riots' a few years ago - bunch of kids realized they could get away with it if they all went and looted a place at once, repeatedly happened until the ringleaders got caught or turned in to the authorities.   What right would a private organization have to restrict my freedom in a stateless society? Where does it get the constitutional power? Everything would just devolve into constant warfare between groups - until a single group outperformed the others of course and boom you've got a government again."}
{"_id": "281406", "title": "", "text": "In general you can withdraw money from an HSA by using the debit card that comes with most HSA accounts or writing yourself or your healthcare provider a check drawn on the HSA account. It is important that you keep receipts for any medical expenses that you pay with money from your HSA in case you get audited."}
{"_id": "281419", "title": "", "text": "There are kind of two answers here: the practical reason an acquirer has to pay more for shares than their current trading price and the economic justification for the increase in price. Why must the acquirer must pay a premium as a practical matter?  Everyone has a different valuation of a company.  The current trading price is the lowest price that any holder of the stock is willing to sell a little bit of stock for and the highest that anyone is willing to buy a little bit for. However, Microsoft needs to buy a controlling share.  To do this on the open market they would need to buy all the shares from people who's personal valuation is low, and then a bunch from people whose valuation is higher and so on.  The act of buying that much stock would push the price up by buying all the shares from people who are really willing to sell.  Moreover, as they buy more and more, the remaining people increase their personal valuation so the price would really shoot up.  Acquirers avoid this situation by offering to buy a ton of stock at a substantially higher, single price. Why is Linkedin suddenly worth more than it was yesterday? Microsoft is expecting to be able to use its own infrastructure and tools to make more money with Linkedin than Linkedin would have before.  In other words, they believe that the Linkedin division of Microsoft after the merger will be worth more than Linkedin alone was before the merger.  This synergistic idea is the theoretical foundation for mergers in general and the main reason people use to argue for a higher price. You could also argue that by expressing an interest in Linkedin, Microsoft may be telling us something it knows about Linkedin's value that maybe we didn't realize before because we aren't as smart and informed as the people on Microsoft's board.  But since it's Microsoft that's doing the buying in this case, I'm going to go out on a limb and say this is not the main effect.  Given Microsoft's history, the idea that they buy expensive things because they have money to burn is more compelling than the idea that they have an insight into a company's value that we don't."}
{"_id": "281423", "title": "", "text": "\"Take a look at FolioFN - they let you buy small numbers of shares and fractional shares too.  There is an annual fee on the order of US$100/year.  You can trade with no fees at two \"\"windows\"\" per day, or at any time for a $15 fee. You are better off leaving the stock in broker's name, especially if you live overseas.  Otherwise you will receive your dividends in the form of cheques that might be expensive to try to cash.  There is also usually a fee charged by the broker to obtain share certificates instead of shares in your account.\""}
{"_id": "281443", "title": "", "text": "Literal armageddon. Phasing it out will be hard enough but if you flipped a switch everything would probably go to zero. Even sub $30 a barrel for a year would create a tidal wave of worthless debt that would result in god knows what."}
{"_id": "281450", "title": "", "text": "This is very interesting, and I am fully in support of the US moving to a single-payer system such as we have here in the UK, but I am a little confused. US costs are markedly higher than the second most expensive country, that's clear. However, by my reading of the data presented, it seems as though no distinction is made between the government paying for health care, and the individual paying for health care. Much of that 1.4t is coming out of the individual's pocket, rather than the insurance company's, and that for me is the crux of the whole issue."}
{"_id": "281456", "title": "", "text": "According to my reading, the Trinity study says you can withdraw 4% a year for 30 years without exhausting your nest egg, not necessarily that it won't shrink. In most cases, your nest egg will indeed grow. But unfortunately you can't plan to leave no estate while simultaneously preparing for worst-case scenarios in case you happen to pick a bad year to stop working. You can run simulations based on historical data on sites like cFIREsim. And once you're retired, you could potentially increase your spending if simulations show that you're likely to leave behind a large estate. You also probably want to look into things like charitable remainder trusts."}
{"_id": "281458", "title": "", "text": "Interesting. The real surprise here is preference. It seems not only do people but in person, they actually seem to mostly prefer it that way.   Most spending being offline isn't too surprising, especially if you count corporate purchasing. The average consumer spend most of their money on things like gas and food, two products not normally available online. Also, big purchases like cats and houses aren't online either. But companies also often don't ship online. Think about a building contractor. He goes to the contractor store in the morning before going to the job site. Or about the heavy manufacturer. A lot of steel manufacturers require the customer to speak to a sales rep or even to meet in person, depending on the size of the deal."}
{"_id": "281464", "title": "", "text": "My company (30 people) is struggling with timezones as it is. We've got clients world-wide and if we didn't have east &amp; west coast people as well as someone in Europe and a team in India, working with India, China, and Europe would be pretty exhausting.  If I were amazon, I'd definitely see value in picking another time zone."}
{"_id": "281491", "title": "", "text": "Excel has two functions you can use: Your question has the CD with a APR and the savings account that mentions both APR and APY. So convert them both to APY to compare them. The savings account (2.27 APY) will return more money based on the numbers in your question (2.27% vs 1.56%) The previous part was the math part of the answer. The following takes into other considerations. For this case the Savings account will return a larger amount of money if the conditions don't change. The CD rate is guaranteed, but the savings account could change every business day. The savings rate could go up, or down. If you expect the savings account rate to rain higher than the CD you might not want to lock into the CD. If you expect the savings rate will drop then get the CD. Of course  there are penalties if you cash in the CD early."}
{"_id": "281495", "title": "", "text": "Line one shows your 1M, a return with a given rate, and year end withdrawal starting at 25,000.  So Line 2 starts with that balance, applies the rate again, and shows the higher withdrawal, by 3%/yr.  In Column one, I show the cumulative effect of the 3% inflation, and the last number in this column is the final balance (903K) but divided by the cumulative inflation.  To summarize - if you simply get the return of inflation, and start by spending just that amount, you'll find that after 20 years, you have half your real value.  The 1.029 is a trial and error method, as I don't know how a finance calculator would handle such a payment flow. I can load the sheet somewhere if you'd like.  Note: This is not exactly what the OP was looking for. If the concept is useful, I'll let it stand. If not, downvotes are welcome and I'll delete."}
{"_id": "281500", "title": "", "text": "The tax is depended upon state where you are registered and the salary paid. More here  If you employ contract you need not pay tax."}
{"_id": "281529", "title": "", "text": "Account number are Unique based on the following combinations, based on manual banking practise of early days; -Country -Bank -Branch -Location -Account Number -Currency -Account Type [Savings, Checking] With the current computerization, there are quite a few items that have been coded into the number, for example Branch, Currency, Account Number and Account Type are part of account number.  Overall there are some attempts to standardize the account number so that they can be unique across the world as described as littleadv."}
{"_id": "281533", "title": "", "text": "\"You are likely making an assumption that the \"\"Short call\"\" part of the article you refer to isn't making: that you own the underlying stock in the first place. Rather, selling short a call has two primary cases with considerably different risk profiles. When you short-sell (or \"\"write\"\") a call option on a stock, your position can either be: covered, which means you already own the underlying stock and will simply need to deliver it if you are assigned, or else uncovered (or naked), which means you do not own the underlying stock. Writing a covered call can be a relatively conservative trade, while writing a naked call (if your broker were to permit such) can be extremely risky. Consider: With an uncovered position, should you be assigned you will be required to buy the underlying at the prevailing price. This is a very real cost \u2014 certainly not an opportunity cost. Look a little further in the article you linked, to the Option strategies section, and you will see the covered call mentioned there. That's the kind of trade you describe in your example.\""}
{"_id": "281534", "title": "", "text": "As far as I know theres no single tool that does all that well. You'll have to keep your investments separate from your daily expenses and money goals.   There are a few tools everyone uses. I'm partial to budgeting apps. You can try ynab, everydollar, goodbudget. I wouldn't recommend mint as I personally don't trust my login info with a third party. I don't care who owns them. Just my opinion.  I'm working on my own budgeting app. Ideally I'd like to include investments. But thats V2. If you'd like to keep updated on that let me know. Oh, what type of phone do you use?"}
{"_id": "281535", "title": "", "text": "As it should be.  Taxes are theft.  No one faults a traveler for taking a different route because one is known to be rife with criminals.  Businesses build jobs, strengthen economies, provide value.  Governments take by force, waste, abuse, and use their revenue to build armies and violate rights.  The bad they do (including the initial act of theft) far outweighs any good."}
{"_id": "281547", "title": "", "text": "I'm the other way around. If I ordered an Xbox One off Amazon, I would probably claw my eyes out while I wait for it to ship. Whereas I could just walk into Best Buy, price match, and get outa there"}
{"_id": "281555", "title": "", "text": "I can't see Sony doing this, seeing how their last subscription based streaming model went under due to lack of support, and I don't think Microsoft would really get involved too much because they have enough as is and are slowly adding onto the backwards compatibility. But hey, Nintendo is always down for the less popular and more risky ideas."}
{"_id": "281568", "title": "", "text": "It may clarify your thinking if you look at this as two transactions: I am an Australian so I cannot comment on US tax laws but this is how the Australian Tax Office would view the transaction. By thinking this way you can allocate the risks correctly, Partnership Tenancy Two things should be clear - you will need a good accountant and a good lawyer - each."}
{"_id": "281572", "title": "", "text": "That is where I think Walmart comes in to buy up a business like this. With their network of stores and the insane buying power they have the can push a good solid quality that the middle class American wants and do it very cheaply. I feel this will be their main combat against Amazon buying whole foods. Currently Walmart makes more on grocery sales than anything else as a hole and will continue to do so because of what and how they are doing it. Walmart is sneaky as fuck when it comes to what they can do and how they can do it. Even Walmart buying up Advanced Auto Parts is a solid counter move to Amazon buying Whole Foods...the next step is buying a Blue Apron type business... and with how Blue Apron is doing financially and given their name they are entering buy off territory.  In my humble albeit non pro status in the stock market my 3 buys are Snap Chat, GoPro, and Walmart for long term retire and never have to worry about money again companies. I am by no means an expert but I have never come close to losing money in the stock market and do a good amount of research before I invest. Snapchat is my top 1 tbh. Sorry for going on a tangent lol"}
{"_id": "281573", "title": "", "text": "You can't make your bank do a charge back. This function is to assist with straight up fraud, not a customer service mistake. (Think spoofed or stolen card or if a vendor intentionally acted fraudulently.) While you may believe what they did is fraud, your bank will require that you provide the vendor with the opportunity to rectify the situation themselves. Trying to call back and giving up after a long hold time won't meet their standards. If banks started letting anyone unhappy with a vendor start doing charge backs, they would be doing nothing else all day. The issues you're describing has not reached the threshold for the bank to authorize a charge back.  Comcast has local and regional offices, and you could go in person to speak with someone. Maybe there isn't one near you. There are non-peak hours which wait times will be less. You'll just have to grin and bear it if you truly want the money back. Then, take your business elsewhere and post bad reviews online. Always keep in mind that when you eventually speak with someone, they will not be the person that messed up, and you should be overly nice and polite to them. I promise it will yield far better results than being surly and demanding. Another way to get Comcast's attention would be to file a complaint with the BBB. It might take longer, but I've had this work with big companies, usually with good results. Again, be nice to whomever contacts you. In reference to your recent duplicate question: Mastercard won't be able to help at all. They play no part in the transaction at all."}
{"_id": "281599", "title": "", "text": "A bridge loan (or bridging loan) is designed for exactly this circumstance. They're short-term loans (6 months is common) designed to help home-buyers to bridge the gap between buying and selling. MoneySupermarket defines them like this: Bridging loans are designed to help people complete the purchase of a property before selling their existing home by offering them short-term access to money at a high-rate of interest. As well as helping home-movers when there is a gap between the sale and completion dates in a chain, this type of loan can also help someone planning to sell-on quickly after renovating a home, or help someone buying at auction. Interest rates are very high, and there are likely to be fees, because you'll only need the loan for a short period. Here are some links to Canadian websites that explain more."}
{"_id": "281612", "title": "", "text": "When I was contracting I wish I had joined a tax efficient umbrella organisation rather than just work as a sole trader. I also wish I had put money aside to pay my taxes rather than just spend it all. :("}
{"_id": "281628", "title": "", "text": "&gt;His support seems to have a floor of around 30%, unfortunately; so, nearly 1/3 of the population (which is still way too high).   His support is not 30% of the population. He got 19% of the US populations vote, and his [disapproval numbers have only gone up while approval has gone down.](http://www.gallup.com/poll/201617/gallup-daily-trump-job-approval.aspx) With that in mind, the argument that he has more support now than on election day has very little merit, while the argument that he has less support than election day is pretty well supported.   Trump likely has the support of about 15% of the population."}
{"_id": "281638", "title": "", "text": "Yes it is, one of the best private schools in the country is two miles down the road from me.  And it looks like a prison with a paint job and flowers in the windows.  I'd rather my kid learned on the street than the hyper paranoid security of what we call schools around here."}
{"_id": "281644", "title": "", "text": "\"Put Options for Kids: You have a big box of candy bars. You saved up your allowance to get a lot of them, so you could have one whenever you want one. But, you just saw a commercial on TV for a new toy coming out in one month. Your allowance alone won't buy it, and you want that toy more than you want the candy. So, you decide that you'll sell the candy to your friends at school to buy the toy. Now, you have a choice. You can sell the candy now, and put the money in your piggy bank to buy the toy later. Or, you can save the candy, and sell it in a month when you actually need the money to buy the toy. You know that if you sell all the candy you have today, you can get 50 cents a bar. That's not quite enough to buy the toy, but your allowance will cover the rest.  What you don't know is how much you might be able to sell the candy for in a month. You might be able to get 75 cents a bar. If you did, you could pay for the toy with just the money from the candy and even have some left over. But, you might only be able to sell them for 25 cents each, and you wouldn't have enough to buy the toy even with your allowance. You'd like to wait and see if you could get 75 cents each, but you don't want to risk getting only 25 cents each. So, you go to your father. He and his co-workers like these candy bars too, so he'd be willing to buy them all and sell them to his friends the way you're planning to do with yours. You ask for the option to sell him all the candy bars for 50 cents each in one month. If you find out you can get more for them at school, you want to be able to take that deal, but if you can't sell them for 50 cents at school, you'll sell them to your dad. Now, your dad knows that he could have the same problem selling the candy at 50 cents or more that you are afraid of. So, he offers a compromise. If you pay him $5 now, he'll agree to the deal. You figure that even without that $5, between your allowance and the candy money, you can still buy the toy. So, you take the deal.  In one month, you can offer the candy at school. If nobody will pay 50 cents, you can sell the candy to your dad when you get home, but if the kids at school will pay 50 cents or more, you can sell it all at school. Either way, you have enough money to buy the toy, and you can also choose which price to accept, but you had to pay your dad $5, and you can't get that back, so if it turns out that you can sell the candy at school for 50 cents, same as today, then because you paid the $5 you don't end up with as much as if you'd simply waited. In the financial market, this type of option is a \"\"put option\"\". Someone who owns something that's traded on the market, like a stock, can arrange to sell that stock to someone else at an agreed-on price, and the seller can additionally pay some money to the buyer up front for the option to not sell at that price. Now, if the stock market goes up, the seller lets the contract expire and sells his stock on the open market. If it goes down, he can exercise the option, and sell at the agreed-upon price to the buyer. If, however, the stock stays about the same, whether he chooses to sell or not, the money the seller paid for the option means he ends up with less than he would have if he hadn't bought the option. Call Options for Kids: Let's say that you see another ad on TV for another toy that you like, that was just released. You check the suggested retail price on the company's web site, and you see that if you save your allowance for the next month, you can buy it. But, in school the next day, everybody's talking about this toy, saying how they want one. Some already have enough money, others are saving up and will be able to get it before you can. You're afraid that because everyone else wants one, it'll drive up the price for them at the local store, so that your month's allowance will no longer buy the toy. So, you go to your dad again. You want to be able to use your allowance money for the next month to buy the new toy. You're willing to wait until you actually have the money saved up before you get the toy, but you need that toy in a month. So, you want your dad to buy one for you, and hold it until you can save up to buy it from him. But, you still want it both ways; if the price goes down in a month because the toy's not so new anymore and people don't want it, you don't want to spend your entire month's allowance buying the one from your dad; you just want to go to the store and buy one at the lower price. You'll pay him $5 for the trouble, right now, whether you buy the toy he got you or not. Your dad doesn't want to have a toy he's not using sitting around for a month, especially if you might not end up buying it from him, so he offers a different deal; In one month, if you still want it, he'll stop by the store on his way home and pick up the toy. You'll then reimburse him from the allowance you saved up; if it ends up costing less than a month's allowance, so be it, but if it costs more than that, you won't have to pay any more. This will only cost you $3, because it's easier for him. But, because he's not buying it now, there is a small chance that the item will be out of stock when he goes to buy it, and you'll have to wait until it's back in stock. You agree, on the condition that if you have to wait longer than a month for your toy, because he couldn't get one to sell you, he pays you back your $3 and knocks another $5 off the cost to buy the toy from him. The basic deal to buy something at an agreed price, with the option not to do so, is known as a \"\"call option\"\". Someone who wishes to buy some stocks, bonds or commodities at a future date can arrange a deal with someone who has what they want to buy them at a specific price. The buyer can then pay the seller for the option to not buy. The counter-offer Dad made, where he will buy the toy from the store at whatever price he can find it, then sell it to you for the agreed price, is known as a \"\"naked call\"\" in finance. It simply means that the seller, who is in this case offering the option to the buyer, doesn't actually have what they are agreeing to sell at the future date, and would have to buy it on the open market in order to turn around and sell it. This is typically done when the seller is confident that the price will go down, or won't go up by much, between now and the date of the contract. In those cases, either the buyer won't exercise the option and will just buy what they want on the open market, or they'll exercise the option, but the difference between what the seller is paying to buy the commodity on the market and what he's getting by selling it on contract is within the price he received for the option itself. If, however, the price of an item skyrockets, the seller now has to take a significant, real loss of money by buying something and then selling it for far less than he paid. If the item flat-out isn't available, the buyer is usually entitled to penalties for the seller's failure to deliver. If this is all understood by both parties, it can be thought of as a form of insurance.\""}
{"_id": "281659", "title": "", "text": "they are, but they aren't regulated so they're great for the people underwriting, brokering, clearing, and facilitating the trading.  doesn't matter that the 50+ yo guys selling it don't understand blockchain, or even the fundamental reason why these coins supposedly have value, the customers don't either."}
{"_id": "281662", "title": "", "text": "Retail is the operative word. Local retailers don't raise prices because they need to compete with uninhibited e-commerce retailers.  I wouldn't be surprised if progressives tried to correct for this by increasing the tax rate on online purchases to offset the e-commerce advantage, which of course would hurt consumers even more."}
{"_id": "281664", "title": "", "text": "Sorry for the late reply - it's the authors distilling of his top business books covering all of the topics you'd expect in an MBA course. I think it's a good starting point in that it'll give you a pretty good overview, you could then go in depth on topics you feel you need to. Here's the good reads link [Goodreads: Personal MBA](https://www.goodreads.com/book/show/9512985-the-personal-mba)"}
{"_id": "281667", "title": "", "text": "&gt; Not to mention that poor people can get into trading  With all that extra capital they have lying around, right?  What reality are you living in?  Even if they could scrape some money together for a few shares, they'll end up getting fleeced by hedge funds trading on insider information and manipulating markets.  What a shitty piece of advice."}
{"_id": "281675", "title": "", "text": "Using cash to purchase a home allows you access to certain deals that mortgage buyers cannot take advantage of.  These are typically distressed properties and need to be moved off the books quickly.  Think of things like foreclosures and auctions. This does not mean that it gives you an advantage with every house on the market.  While you may be able to close quickly, with cash, some buyers may choose to wait for the (presumably) higher offers of mortgage buyers.   There are complications to purchasing in cash then mortgaging to replace that cash.  Namely, how was that cash invested?  If one were in mutual funds or stocks, with the money, one will have to pay capital gains tax on any profit.  If those investments increase in value, during the time the money is tied up, what do you do then?  Do you buy at the higher value or hold it back and dollar cost average it in?"}
{"_id": "281707", "title": "", "text": "You may have to both save your windfall in a savings account and use it to pay down your mortgage. Almost every mortgage has some sort of pay-down option that allows you to pay off a percentage of the original principal without penalty. Any amounts above that will be penalized, most likely by the amount of interest the lending institution would have collected. Ask your lender what the penalties are and what penalty-free pay-down options you have. Knowing that and how much you will receive each quarter by selling the company stock will tell you how much of your money you need to put against your house and your savings account."}
{"_id": "281722", "title": "", "text": "There is no need for micropayments, monthly payments, or harassment.  A loan agreement can be drafted that your mom makes one payment annually to you instead of monthly payments. Depending on what she (and you) might be comfortable  with, this payment could be interest only, or partly interest and part repayment  of principal.  Or you can set it up so that there is a balloon payment due when  the loan terminates (say in five years' time) and she pays back the entire  principal and accumulated interest. If you trust her to pay back the money,  you don't need to ask for collateral or security, and you don't need to turn the debt over to a collection agency or send large men with baseball bats to call on Mom. If you just want mom to return the principal when she is ready to so so, and don't really want to charge her interest, then set up the loan to require annual payment of interest only (and the entire principal at  the end of the agreement). Then, each year, a few days before the  interest payment is due, send her a check for the interest due as a gift.  Mom deposits the check in her account and sends back the interest payment to you. So, no harm, no foul: you have  made her a gift (presumably less than the $13K exemption), she has paid you interest, but there is no net transfer of money, and as far as the IRS zebras are concerned, this is a legitimate loan. Do keep copies of the paperwork, though, and be sure to report the interest payment on your income tax returns as income to you. By extension, if you don't really want the money back, set up the loan so that the annual payment is $13K and is part the annual interest due and part the principal until the loan is paid off."}
{"_id": "281724", "title": "", "text": "I don't know, they focus solely on debt as if it's the reason for the recession.  And then they say we should reduce spending and raise taxes, as if that would really help the economy.  At least they acknowledge that it would have to happen gradually, but they act like any and all debt is terrible.  Plus, you know, it's Business Insider asking us to put aside politics, which is pretty funny."}
{"_id": "281727", "title": "", "text": "\"You have received some good answers, but since your concern is proper protocol, keep everything in writing (emails, not phone calls).  Also, you'll get a quick response by contacting the University \"\"Accounts Payable\"\" department, confirm the situation with a summary as you posted here and ask for the ABA routing number for the transfer.  The routing number, email, and you bank statement is all the records you need to cover your but.\""}
{"_id": "281732", "title": "", "text": "\"There may be a confusion here: I don't think you can get cash back at a register with a credit card. See http://www.cardratings.com/can-i-get-cash-back-when-i-buy-something-with-a-credit-card.html Cash back is only available with a debit card. With a debit card, the money comes directly out of your account at the moment of the transaction. With a credit card, the CC company loans the money to you and you get a monthly bill. You can get cash advances at ATM machines, but  typically comes with hefty fees and exorbitant interest rates, so I strongly advice against this.  There are \"\"Cash  Back\"\" credit cards, but that means that you get a percentage of your purchases refunded as cash (or points).\""}
{"_id": "281735", "title": "", "text": "There is empirical data to suggest deregulation in healthcare would drive down prices. https://thinkprogress.org/how-one-oklahoma-hospital-is-driving-down-the-cost-of-health-care-by-thousands-of-dollars-f507cdf32111. In a free market where prices are transparent, prices go down.   As to your pharmaceutical example, that is a form of protectionism regulation. The reason why epipen is able to charge that price is because they have a patent protection (protectionism) that lasts through 2025. https://www.statnews.com/2016/09/09/epipen-lack-of-innovation/. There is no substitute.   If there were a reform in pharma laws that made pharmaceutical company have to share their patents for licensing costs (similar to how cellular providers must provide access to their networks for a fee) then the price would go down.   Market forces do reign supreme. It is supply and demand. As simple as that. If there is a market with a lot of profit, in a free market, participants will enter the market until the profit drops down to zero. That is why you cannot charge 10 dollars for a big mac in the same city where a McDonalds 1 mile away charges 5 dollars."}
{"_id": "281747", "title": "", "text": "\"Thanks to the joint lease, I guess you're still contractually on the hook for the remainder of the rent. Did the apartment owners actually contact you before sending the debt collectors after you? As you do technically owe the money, they can sue you if you don't pay, so it's not \"\"just\"\" on your credit report. That said, if they haven't contacted you before sending the goons in, I'd try to negotiate the collection fee - 40% sounds a tad excessive to me.\""}
{"_id": "281763", "title": "", "text": "A general mutual fund's exact holdings are not known on a day-to-day basis, and so technical tools must work with inexact data. Furthermore, the mutual fund shares' NAV depends on lots of different shares that it holds, and the  results of the kinds of analyses that one can do for a single stock must be commingled to produce something analogous for the fund's NAV. In other words, there is plenty of shooting in the dark going on. That being said, there are plenty of  people who claim to do such analyses and will gladly sell you their results (actually, Buy, Hold, Sell recommendations) for whole fund families (e.g. Vanguard) in the form of a monthly or weekly Newsletter delivered by US Mail (in the old days) or electronically (nowadays). Some people who subscribe to such newsletters swear by them, while others swear at them and don't renew their subscriptions; YMMV."}
{"_id": "281791", "title": "", "text": "\"I would have to think about it for awhile to come up with the list of reasons people give. Most of the time they wont even admit that thats what they want. But it clearly is.  I can tell you one reason a former friend gave me, which sticks in my mind. \"\"Why give people unrealistic expectations?\"\"\""}
{"_id": "281803", "title": "", "text": "The amount earned is taxable. It needs to shown as income from other sources. Although the last date for paying Advance tax is over [15 March], there is still time to pay Self-Assessment tax till 15 June. If the tax amount due is less than 10,000/- there is no penalty. If the tax is more than Rs 10,000/- there is penalty at the rate of 1% per month from March, and if the amount of tax exceeds 40% of the total tax, there will be additional 1% interest from December.  The tax can be paid online via your Banks website or using the Income Tax website at https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp The form to be used is 280. You can use the Income tax website to calculate and file your tax returns at https://incometaxindiaefiling.gov.in/ or use the services of a CA. Edit: If the income is less than expenses, you need not pay tax. Maintain proper records [receipts] of income and expenses, if possible use a different Bank account so that they remain different from your main account.  The tax to be paid depending on your income slab. The additional income needs to added to you salary. The tax and slabs will be as per this. There is no distinction on this amount. Its treated as normal income. All Tax for the given year has to be paid in advance. i.e. for Tax year 2013-14, 30% of total tax by 15-Sept, Additional 30% [total 60%] by 15-Dec and Balance by 15-Mar. Read Page 3 and page 10 of http://incometaxindia.gov.in/Archive/Taxation_Of_Salaried_Employees_18062012.pdf"}
{"_id": "281813", "title": "", "text": "Because people investing capital want to understand their risk exposure.  They don't mind risk, they mind uncertainty and they mind interference with markets.    With Obama in office, the ever swelling regulatory state creates a great unknown: How much central government meddling will there be in incremental taxes, healthcare expenses, and so on."}
{"_id": "281823", "title": "", "text": "I don't want to repeat things that have already been said as I agree with most of them. There's just one little thing I'd like to add: If things go the way we're all expecting, this guy will eventually be in desperate need of a friend as he is extremely likely to lose most of his friends sooner or later. Perhaps all you can do is signal that you will not support him now (for obvious reasons), but that you'll be there for him when he may need you in the future..."}
{"_id": "281833", "title": "", "text": "\"The face value of the pennies is meaningless; the $80 didn't \"\"go\"\" anywhere.  The metal in those pennies is still worth $180 (less whatever small amount was lost in the stamping/production process).  It's essentially the same thing as asking where the $99.877 worth of profit is when you spend 12.3 cents to create a $100 bill.  We shouldn't be saying that we lose [production cost of coin] minus [face value of coin] when producing a coin.  But it certainly is correct to question why we spend such-and-such to produce a coin that many people don't want to use in the first place.\""}
{"_id": "281841", "title": "", "text": "\"The amount, reliability and frequency of dividends paid by an ETF other than a stock, such as an index or mutual fund, is a function of the agreement under which the ETF was established by the managing or issuing company (or companies), and the \"\"basket\"\" of investments that a share in the fund represents.  Let's say you invest in a DJIA-based index fund, for instance Dow Diamonds (DIA), which is traded on several exchanges including NASDAQ and AMEX. One share of this fund is currently worth $163.45 (Jan 22 2014 14:11 CDT) while the DJIA itself is $16,381.38 as of the same time, so one share of the ETF represents approximately 1% of the index it tracks. The ETF tracks the index by buying and selling shares of the blue chips proportional to total invested value of the fund, to maintain the same weighted percentages of the same stocks that make up the index. McDonald's, for instance, has an applied weight that makes the share price of MCD stock roughly 5% of the total DJIA value, and therefore roughly 5% of the price of 100 shares of DIA. Now, let's say MCD issued a dividend to shareholders of, say, $.20 per share. By buying 100 shares of DIA, you own, through the fund, approximately five MCD shares, and would theoretically be entitled to $1 in dividends. However, keep in mind that you do not own these shares directly, as you would if you spent $16k buying the correct percentage of all the shares directly off the exchange. You instead own shares in the DIA fund, basically giving you an interest in some investment bank that maintains a pool of blue-chips to back the fund shares. Whether the fund pays dividends or not depends on the rules under which that fund was set up. The investment bank may keep all the dividends itself, to cover the expenses inherent in managing the fund (paying fund management personnel and floor traders, covering losses versus the listed price based on bid-ask parity, etc), or it may pay some percentage of total dividends received from stock holdings. However, it will virtually never transparently cut you a check in the amount of your proportional holding of an indexed investment as if you held those stocks directly. In the case of the DIA, the fund pays dividends monthly, at a yield of 2.08%, virtually identical to the actual weighted DJIA yield (2.09%) but lower than the per-share mean yield of the \"\"DJI 30\"\" (2.78%). Differences between index yields and ETF yields can be reflected in the share price of the ETF versus the actual index; 100 shares of DIA would cost $16,345 versus the actual index price of 16,381.38, a delta of $(36.38) or -0.2% from the actual index price. That difference can be attributed to many things, but fundamentally it's because owning the DIA is not the exact same thing as owning the correct proportion of shares making up the DJIA. However, because of what index funds represent, this difference is very small because investors expect to get the price for the ETF that is inherent in the real-time index.\""}
{"_id": "281844", "title": "", "text": "When you place a bid between the bid/ask spread, that means you are raising the bid (or lowering the ask, if you are selling). The NBBO (national best bid and offer) is now changed because of your action, and yes, certain kinds of orders may be set to react to that (a higher bid or lower ask triggering them), also many algorithms (that haven't already queued an order simply waiting for a trigger, like in a stop limit) read the bid and ask and are programmed to then place an order at that point."}
{"_id": "281862", "title": "", "text": "Shops in most touristic places tend to accept major currencies (at least dollar and euro). I remember a trip in Istanbul before the euro existed, the kids selling postcards near the blue mosque were able to guess your country and announce in your language the price in your currency."}
{"_id": "281865", "title": "", "text": "On reading couple of articles & some research over internet, I got to know about diversified investment where one should invest 70% in equity related & rest 30% in debt related funds Yes that is about right. Although the recommendation keeps varying a bit. However your first investment should not aim for diversification. Putting small amounts in multiple mutual funds may create paper work and tracking issues. My suggestion would be to start with an Index EFT or Large cap. Then move to balanced funds and mid caps etc.  On this site we don't advise on specific funds. You can refer to moneycontrol.com or economictimes or quite a few other personal finance advisory sites to understand the top funds in the segments and decide on funds accordingly. PS: Rather than buying paper, buy it electronic, better you can now buy it as Demat. If you already have an Demat account it would be best to buy through it."}
{"_id": "281875", "title": "", "text": "I don't understand why Walmart would use that as a strategy.  Amazon can duplicate any sale they have online.  Its not like Walmart has the capacity to put Amazon out of business at this point.  This would just hurt both companies needlessly.  Walmart needs to innovate to get people to use them.  They need to create a great web experience, provide products and services that are unique to Walmart and of a quality that people will want to utilize them.  They may even need to create an R&amp;D division and look to develop their own products to help prop up their business and push traffic to their online presence.  But they gotta look at this like the US did the space race.  They were too far behind the Soviets to catch them in getting to space and doing a space walk, etc.  What they could do was plan to be the first to make a moon landing and hop ahead of the Soviets.  What form that would be for Walmart, I have no idea, but I think if they want to gain ground online, that's the way they need to think."}
{"_id": "281919", "title": "", "text": "Is it really worth the interest you'd pay over a year for a relatively minor and temporary bump to your credit score? I mean, you just bought a car so I'm assuming you probably aren't looking for another loan in the near future."}
{"_id": "281925", "title": "", "text": "Because the current government policies, yes the ones enacted by President Obama, favor cash accumulation over capital purchases. Nothing has changed in eight years and I don't think that Donald Trump or the Republicans in congress want to change that.  It is a chicken and egg problem. Business won't increase capital until demand in the market increases and demand in the market won't increase until business increases spending.   Now then the one bright spot for the market is that the Boomers are entering the twilight of their lives. This generation accumulated a massive amount of wealth that is being inherited by their money starved children."}
{"_id": "281969", "title": "", "text": "The problem with this is that arn't getting quality answers - pragmatic people with product knowledge will be able to tell you which unit has the best GPS for geo-caching or which bearings will run the longest without needing an overhaul.  Truly useful salespeople are rare &amp; worth coming back to: but I really doubt you'll find many in a single-product consumer environment  who doesn't pay competitively."}
{"_id": "281974", "title": "", "text": "\"I somehow missed that. When I got to \"\"more from cnbc\"\" I thought that was the end of the article, but I see now that is not the case.   You are right, the article does a terrible job of summarizing what he actually says in the email. I think my beef is with the editorial and not the guy.\""}
{"_id": "281977", "title": "", "text": "There are two separate cases here that people are not separating. Any card will allow you to pay an amount not exceeding the actually posted charges.  Some cards will allow you to pay more than this, some will not.  My parents have deliberately overpaid as a means of having a higher credit limit, I've been denied (different card) when trying to do the same thing and the website wouldn't even allow me to pay temporary charges that hadn't yet become real.  (A human operator would allow paying those, though.)"}
{"_id": "282000", "title": "", "text": "Again lots of negatives but no offer of how to bring back jobs.  talking down everything and not thinking of ways to activate the job mkt or how to active a new basis for economic stability, what with all the put down everyone else, dont come with feasable answes or any answers at all and quote politicians, geez its politicians who got us into this mess in the first place.  i see you are one of the keep the people poor and we can stay rich bunch..bussines were doing fine with US and Euro workers, sure they were not record profits by using slave workers in 3rd world countries, they were not making the highest profits in the history, but they had a mkt, that worked, workers had jobs and could feed a family, buy a house and cars, now they need 2-3 jobs just to survive, retail has crashed and the companies are giving massive bonus'to execs even though this is not sustainable. the persuit of ever greater investor profits has killed the job mkts at home, the retail mkts are now showing the trickle down problems and millions of unemployed and their families are living in poverty in both the US and Europe, WHY? because of the relentless search for higher profits."}
{"_id": "282002", "title": "", "text": "What's the problem with having them write it off? Stop fishing for something negative and accept the fact that they're doing a good thing. They're still a business, not a soup kitchen. Making money isn't evil unless your taking advantage of someone, which is the opposite of what they're doing."}
{"_id": "282003", "title": "", "text": "\"fire your brother's friend and get another accounting major who'll listen to orders and won't try anything dodgy. You might have to pay well for that. Make sure your whole family is on the same page with future plans   EDIT: I just read that you think your brother is going to do a takeover. It's your family's business. He's your brother. It's not really a \"\"hostile takeover\"\". If you don't trust your own brother you have to work on the relationship not the business.  EDIT 2: I checked your profile. Stop doing drugs\""}
{"_id": "282005", "title": "", "text": "\"Q: A: Everyone that is short is paying interest to the owners of the shares that the short seller borrowed. Although this quells your conundrum, this is also unrelated to the term. Interest in this context is just the number. In the options market, each contract also has an open interest, which tells you how many of that contract is being held. For your sake, think of it as \"\"how many are interested\"\", but really its just a completely different context.\""}
{"_id": "282010", "title": "", "text": "Stupid article. People on government assistance typically don't have a great deal of money to begin with, and there aren't exactly many items on Amazon that are at 'dollar store' level prices..and unless one is house-bound level of disabled, you really can't fill a whole grocery list by shopping at Amazon as you could running down to Walmart or Save a Lot."}
{"_id": "282013", "title": "", "text": "&gt;\u201cAt some point,\u201d he said, interest rates are going to go up again, \u201cand I should have been able to get those low rates. It\u2019s not fair.\u201d  It's perfectly fair. Why is a bank going to lend you more money than what the collateral's worth? That would be unfair."}
{"_id": "282028", "title": "", "text": "\"The \"\"hidden\"\" fees in any transfer are usually: Foreign exchange transfer services are usually the cheapest option for sending money abroad when a conversion is involved. They tend to offer ways to get the money to or from them cheaply or for free and they typically offer low or no fees plus much better exchange rates than the alternatives. My preferred foreign exchange service is XE Trade. It looks like they support CAD to ZAR transfers so you might check them out.  In my experience, they have not set a minimum on the amount I send although it does impact the exchange rate they will offer.  The rate is still better than other alternatives available to me though. Note that for large enough transfers, the exchange rate difference will dominate all other costs.  For example, if you transfer $10,000 and you pay $100 for the transfer plus $50 in wire fees ($150 in fees) but get a 2% better exchange rate than a \"\"free\"\" service, you would save $50 by choosing the non free service.\""}
{"_id": "282029", "title": "", "text": "The flexible hose goodyear is an essential item included in pipe interconnectors. This kind of coupling can be employed with tubes of various products. Some of the well-known sorts of pipes which may have coupling attached to them are asbestos, cement, steel, plastic etc. Visit Us: http://trabonlubrication.wordpress.com/hose-goodyear/"}
{"_id": "282049", "title": "", "text": "We'll see. Recently has been a sick bull market so definitely missing out. But if it all comes crumbling down then it was smart.      Im staying in. Time in beats timing, but I don't have 2M to lose ;)"}
{"_id": "282051", "title": "", "text": "I think it is the former. Another article I recently read referred to Reddit being the US's fourth most popular website (don't know exactly but I believe some where around 240 million monthly active users). Although they have only started monetizing, there is a lot of potential and a large enough user base to generate some serious cash."}
{"_id": "282067", "title": "", "text": "Check with your bank.  As of January, 2015, the following banks and credit unions are offering free credit-scores: Announced, in the pipeline: Source: Banks to offer FICO credit scores for free Personal Experience: I've been receiving free FICO score from my credit union for more than 6 months now. Advice: Most people have multiple bank/credit-union accounts. The FICO score will be the same whoever offers it. If none of your financial institutions offer you a free credit-score then you may opt for free services like creditkarma.com or other paid services. None of them are the widely used FICO scores, but they can be a good gauge of your credit standing. Please note that a credit-score is number summarizing your credit-report and should not be confused.  In the news:"}
{"_id": "282076", "title": "", "text": "Tuition debt is much higher than car loan debt. Delinquency rates on student loans are at 13% and rising, you can't get it dismissed in bankruptcy court.   [debt balance and it's composition](https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2016Q4.pdf)  Stock Market Bubble. Looks pretty overvalued [price to earnings](http://www.multpl.com/shiller-pe/)  The only real economic ace in the hole Trump has right now is getting the U6 unemployment closer to U3 by reducing the welfare state and getting people into full time employment, Mick Mulvaney talked about this last month."}
{"_id": "282094", "title": "", "text": "Make sure I am reading this correctly.  You signed the car over to you BF, he took a loan against it and gave you the money?   If so, you sold him the car and any use you have had of it since was at his consent.  Outside of a written contract saying otherwise (and possibly even with one) it is now his car to do with as he pleases. It sucks that things are not working out in the manner you intended at the time, but that is the reality of the situation."}
{"_id": "282101", "title": "", "text": "this would make sense assuming debt payments incl. interest to the market for the debt assumed to purchase said boat/yacht is less than the lease payments over the life of both terms. If your lease payments are lower than term loan pmts incl. interest (or a similar debt instrument) then OP would still be right. TVM is irrespective of a competitors (or lessor in this case) Kc.  Although, this goes completely out the window if it's a bond-like debt vehicle since those cash flows are distributed in a completely different manner."}
{"_id": "282103", "title": "", "text": "\"A paycheck is simply a check for your salary.  It's just like a rent check, or a birthday check, or a grocery check...  I've had \"\"paychecks\"\" that were personal checks from the owner of the business, I've had ones that are printed in the office I worked in and signed right there, and I've had paychecks that are printed through a third party company and mailed to me (my favorite, of course, is to forgo the \"\"paycheck\"\" entirely and get direct deposit :) ).  Really, they're all just checks. Although that's a little disingenuous, because banks are often slightly more trusting of paychecks.  However, this has little to do with it being a \"\"paycheck,\"\" per se, and more to do with the fact that they see you getting the same check for (roughly) the same amount on a regular basis; having seen you get a paycheck for the same amount from the same company for the last 12 months, there is less risk of the check bouncing or being returned unpaid, so you can often get banks to waive their hold policy and just give you the money.\""}
{"_id": "282115", "title": "", "text": "I suggest that you use your own judgement on this. You can assign a reasonable percentage since it is impossible to monitor the hours using those assets. Example: 40 personal and 60 for business. It's really your call. I also suggest that you should be conservative on valuing the assets. Record the assets at it's lowest value. This is one of the most difficult scenarios in making your own financial statements. You can also use this approach, i will record the assets at its original cost then use a higher depreciation rate or double declining method of depreciation. If the assets have a depreciation rate of 20% per year (useful life of 5 years), i will make it 30%. the other 10% will add more expense and helps you not to overstate your Financial Statement. You can also use the residual value of the asset, but if you do this, you should figure out the reliable amount. I understand that this is not for tax reporting purposes. Therefore, there's no harm if you overstate your Financial statement. And even if you overstate, you can still adjust the cost of the asset. Along the way (in the middle of the year or year end), you will figure out the cost of the asset if it's over valued once the financial statement is done."}
{"_id": "282118", "title": "", "text": "\"Oh, in that case - since you backed your wrong opinions based in no part upon facts with even more histrionic horseshit based in no part in reality, I'll go away now with my tail between my legs. I never said ACA was perfect. I said it was a lot closer at first. I haven't been a member of any political party in over 20 years because they're both corrupt as shit. This wasn't defense of Obama. He's no hero to me. But on this issue, the GOP is absolutely far worse. They've lied about it since the 60's when Reagan the actor was telling everyone how communist Medicare was. I spend a lot of time in these nations we're told whose \"\"socialized\"\" medicine is failing the people. Get zero of that on the ground in the U.K. Or Germany or any of the others. Loud or long posts don't make you right. Just makes you more wrong.\""}
{"_id": "282143", "title": "", "text": "From my own personal experience, you cannot trade spreads in RRSP or TFSA accounts in Canada. You can only buy options (buy a call or buy a put) or you can sell calls against your stock (covered call selling). You will not be able to sell naked options, or trade any type of spread or combo (calendars, condors, etc). I am not sure why these are the rules, but they are at least where I trade those accounts."}
{"_id": "282152", "title": "", "text": "I agree with stopit. I am pulling the lever for Romney. I want to see the Ryan budget come to fruition. Hell, I hope they repeal the minimum wage too. I just hope Republicans aren't chicken shits and come through with their entire agenda if they get voted in come November. I am making decent money. I'll be fine. You on the other hand who is making below the median family income, are going to lose your medicare, social security, unemployment and food stamps so you better get working if you don't have a job. The Republicans are going to send a clear message to free loaders come November. If you are laid off and living off the government its time to find a job!"}
{"_id": "282153", "title": "", "text": "Good point-  One thing though, Past agreements, like GATS - although they were public, they were so complicated and ambiguous/impossible to understand, that it took decades for people to figure out what they meant in actual cases.   Also, you should read this- **[TTIP: EU Commissioner Points Finger At US Secrecy, Investor-State Provisions](http://www.ip-watch.org/2014/04/02/ttip-eu-commissioner-points-finger-at-us-secrecy-investor-state-provisions/)**  They have made it a HUGE pain in the ass for them to even read the things."}
{"_id": "282158", "title": "", "text": "Yes they do. Here is the main page on minimum wage for the province of British Columbia.  This page lists exemptions from BC minimum wage laws, but there are none for working in a family business, or for being underage. Students are exempted only if they are on approved work study. Generally all provinces apply minimum wage laws to every employee."}
{"_id": "282168", "title": "", "text": "http://www.andrewsfcu.org/ is one of the only US financial institutions to issue a low or no annual fee chip and pin visa or mastercard.. Andrews is primarily for civilian employees of the Andrews Air Force Base but is available to members of the American Consumer Council, which offers free membership, see http://www.andrewsfcu.org/page.php?page=330 .  The chip and pin card is a visa with $0 annual fee and charges a 1% foreign transaction fee. Getting one is modestly difficult because you have to first join the credit union then apply for the card, then go through underwriting as if it were a personal loan rather than a revolving credit account.  Still, for travelers, it is probably worth it."}
{"_id": "282189", "title": "", "text": "\"Blue Sky Laws refer to various state laws requiring disclosure in new security offerings. Here's a summary: A blue sky law is a state law in the United States that regulates the   offering and sale of securities to protect the public from fraud.   Though the specific provisions of these laws vary among states, they   all require the registration of all securities offerings and sales, as   well as of stockbrokers and brokerage firms. Each state's blue sky law   is administered by its appropriate regulatory agency, and most also   provide private causes of action for private investors who have been   injured by securities fraud. From the United States Securities and Exchange Commission Every state has its own securities laws\u2014commonly known as \"\"Blue Sky   Laws\"\"\u2014that are designed to protect investors against fraudulent sales   practices and activities. While these laws can vary from state to   state, most states laws typically require companies making small   offerings to register their offerings before they can be sold in a   particular state. The laws also license brokerage firms, their   brokers, and investment adviser representatives.\""}
{"_id": "282196", "title": "", "text": "\"In general I don\u2019t think you can blame the news stories. You can blame everyone\u2019s preconceived notion that any sort of LBO or leveraged restructuring is the devil\u2019s work. Every American is of course well-versed in the subject.   From the Sealy example, you clearly have a journalist who has no idea what they are talking about. All you have is a cherry-picked summary of what took place. As such, the \u201cfinance scholars\u201d jump in and explain how it\u2019s all a giant scam.  Bain LBO\u2019d Sealy in 1997. As a part of that, it was saddled with ~$700m in debt. That of course is fodder for the \"\"finance scholars\"\" because they don't understand the benefits of debt and more generally how LBOs work, none of which are noted in the article.  The article then notes that Sealy has recently encountered trouble. To the \"\"geniuses\"\" this is of course because of Romney's work and the ~$700m in debt. No one notices the fact that Bain unloaded this in 2004 for double what it paid for it. For those that did, the unloading was a textbook Bain scam. Bain unloaded this to KKR, perhaps the sharpest and most successful PE firm in history. Would KKR put $1.5b into this if it were a scam? According to the \"\"geniuses\"\", of course they would. How could Mitt Romney actually improve a business? No one looks at the fact that revenues were up considerably, margins had expanded tremendously, growth prospects were higher, and FCF yields were fantastic. This is why KKR bought the company, and this is what an LBO is supposed to be. I haven't done a ton of work on this case, it was before my time, but I would be very surprised if the growth wasn't accompanied by employee expansion as well.  You also get the \u201cI wish I had a way to just walk away from my debt\u201d comment. I don\u2019t even know where to begin explaining how asinine that is. Equity is subordinated to debt. That\u2019s the definition of equity.   The article also notes the one-sided-mattress idea, which is construed as Romney's giant scam to screw the average American while flipping this company and making his millions. The article of course didn't note that this one-sided mattress idea was a mere fraction of revenue. This was designed as an economy mattress, with an advertised shorter shelf life. Plus how can this be a scam? Would you go into the mattress store and pay the same amount for a mattress with only one side? If you would you deserve to get half of a mattress.  So the crux of it is, this is in actuality an example of what an LBO should be. At least for Bain\u2019s part. Bain took a business that was ripe for an LBO (reasonable steady FCF, low leverage), did the LBO, improved the business, and came out on top. What KKR did with it afterwords I have no idea. I would imagine it has more to do with deteriorating business conditions than the debt on its balance sheet.  I work with restructurings over 100 hours a week. I of course don\u2019t come up with the plans (I\u2019m a lowly analyst building models and associated bitchwork) but I see just how brilliant these ideas are. In a lot of cases restructurings prevent the tripping of covenants and associated bankruptcy and allow for strategy to play out and for companies to grow. I can of course give a more detailed rant on the article, but I figured no one will read this anyway.\""}
{"_id": "282198", "title": "", "text": "The point is that if you are good at what you do then you should get paid a lot of money. A lot of money. Especially if you are saving lives and making the world a better place.  If you don't allow people to make a lot of money on life saving drugs, procedures and products then you will get a lot less of them.   The US subsidises the rest of the world by paying drug companies billions and surgeons millions a year.  If the US did not do this, then you would see the innovation and products that the rest of the world provides....which is very little.    Smart people and investors will just stay in finance where they can make a lot  money doing nothing really useful."}
{"_id": "282206", "title": "", "text": "\"Yet the doom and gloom rhetoric predicted prior to and immediately after his election would have been his fault...   \"\"The Market will immediately crash and it will be Trump's fault\"\"  -Liberals Nov, 2016  \"\"The boom in the market immediately after his election has nothing to do with Trump\"\"  -Liberals July, 2017\""}
{"_id": "282208", "title": "", "text": "Mining is income at the value at time of earning, I would use an index like XBX to determine price. Asset appreciation is capital gains. These aspects of crypto-assets are not a gray area in the US financial sector, and have been addressed for almost half a decade now."}
{"_id": "282219", "title": "", "text": "What? You kidding? Manufacturing robots are really well designed and maintenance time is minimal. I have two robots at my company for mass production and in the 4 years of operation they've only needed repair once. In this case the biggest factor would still be a person required to actually clean the damn thing and to keep it loaded with food but an engineer? Nah. Maybe the regional fast food office has an engineer on hire but they would service the entire area and not a single store. Even then, they would probably be technicians and not engineers."}
{"_id": "282227", "title": "", "text": "If you are going for bobcat hire, you should understand that this is one of the best machines that would help in almost every domestic project that you have and they can be used equally in any type of excavation project. Moreover, this very machine is ideal for construction in residential areas because of its compact size and immense durability."}
{"_id": "282239", "title": "", "text": "We had planned to be in Siem Reap in January 2017. In December 2016 my Mother-In-Law passed away from the effects of Dementia, which she had battled with for 11 Years. We were forced to abandon our Vietnam/Cambodia holiday. One day we'll get there. And when we do, I'll make sure we give you as much business as we can."}
{"_id": "282256", "title": "", "text": "In some places.   Solars challenge will always be the scaling to a national grid. It can be cheap as chips and still present insurmountable technical obstacles in large scale.   I would be all for it as a supplement to a robust nuclear program."}
{"_id": "282262", "title": "", "text": "\"Unfortunately, we don't know your country, but I'd guess \"\"Not US\"\" with the hint being your use of the word bugger in a comment.  Realized profits are taxed by all tax authorities I'm aware of, i.e. the Tax Man in every country. Annually, so that you can let the profits run during the year, and offset by the losses during that year.  The exception is within a qualified retirement account. Many countries offer accounts that will let you do just what you're suggesting, start with XXX number of Quatloos in your account, trade for decades, and only take the tax hit on withdrawal. In some cases there's an opportunity to fund the account post tax, and never pay tax again. But to repeat, this is with a retirement account, not the usual trading accounts.\""}
{"_id": "282267", "title": "", "text": "\"Grain primarily, but pretty much any other commodity you can think of has pretty high scrutiny.  Oil is important because without it US can't go to war (a position it found itself close to in WWII)  Read \"\"The Prize\"\" by Daniel Yergin\""}
{"_id": "282286", "title": "", "text": "\"It seems this will be very much driven by price discrimination.  If there are some customers who will pay up to $100, sell at that; and if there are others who'll pay $1 sell at that price. For instance you see computer games, which have zero marginal cost of production, sold at \"\"normal new release\"\" prices, at premium prices with a special box or doo-dad, and at discount prices once the game is a bit old.\""}
{"_id": "282291", "title": "", "text": "You'd probably need to prove you can run the business if you want a loan. The best proof you can have is to run the business.  Unfortunately that also means that the price of the alley could go up. OP needs to start thinking about a negotiation strategy soon."}
{"_id": "282293", "title": "", "text": "How about having him make you CEO (and/or president, depending on structure), and keep him as an advisor. Then over the next year you can evaluate if you want to be the owner and/or if costs justify it. You can use your first year as training."}
{"_id": "282298", "title": "", "text": "My in-laws from Budapest are always going on about how much better the American Netflix content is. Also, saying that a company *only* has 1.4% of the global population isn't that much, for a company so young, is so laughable. That's an incredible feat."}
{"_id": "282315", "title": "", "text": "I don't think the skeptical position is fairly represented most of the time.  Few people doubt that CO2 is a greenhouse gas, and that man contributes to it's increase. What appears to be increasingly doubtful is the positive feedback postulated by the climate models. The simple explanation is probably the correct one. The models are significantly overestimating future temperature increases."}
{"_id": "282327", "title": "", "text": "\"&gt; Not all Bachelor's are the same, DeVry...  Of course! A degree in \"\"gender studies\"\" is worthless, while a degree in \"\"computer science\"\" worth more. But, with so many \"\"computer science\"\" degrees, even that degree does not give you much headway... without experience.  It's very simple what happens today, compared to the past.  Today, the idea is to keep kids in schools, for as long as possible (because BAs are worthless and you need Masters), charge them tons of money, pass them so they continue to pay, get them into debt and then pay them less, because so many people have the degrees. Even require BA degree for jobs that don't need it.  In the past, if you finished high school, it was an accomplishment. If you got accepted to college, it was an accomplishment. If you survived the first year in college or got your bachelor degree, it was a major accomplishment.  **If you did not know, those accomplishments in the past gave you substantial(!!!) benefits compared to others.**  It was much cheaper in the past and much better education. They did not care about money, and will kick you out of college for any fail.  So, in the past to be a teller in the bank, you did not need to finish high school, but just be good with basic algebra.  **Today, you need a BA degree and get a lousy salary to be teller in a bank. Do you understand what happened here?**  Also, in the past, a person with lower socioeconomic background, if they finish high school or got a BA, it would (for sure) really change their lives and they become middle or high class.  Today, a person with poor socioeconomic background, even if they got their [worthless] BA degree, they are worst off because they do not have any competitive advantage over other people as all of them have degrees too... you are worst off, because you are in debt to get the degree and the \"\"education\"\" you got is bad.\""}
{"_id": "282373", "title": "", "text": "I have never seen a backtest showing that prices tended to be attracted by / to revert around Fibonacci levels. The fact that many people use them doesn't mean that they can be turned into a profitable system... I have on the other hand seen many backtests showing that they don't do anything, such as the one described in this article: At least in this sample of market data, using this particularly specification for swings, we find no evidence that Fibonacci ratios are significant in the market.   Perhaps I have missed something significant, or perhaps I am merely completely wrong in my analysis, but one thing should be clear\u2014the burden of proof should lie on the people offering arcane and complex methodologies, when simpler methods work just as well or better in the marketplace. If Fibonacci ratios are the key to the markets, where are the quantitative tests? Where\u2019s the proof?"}
{"_id": "282375", "title": "", "text": "My suggestion is that you speak with a financial adviser that specializes in Islamic investing. For the long term there are Islam approved mutual funds that only invest in non-banking organizations, and I would assume there are more conservative options for the short term as well (3-4 years). Although you may not feel the effects of inflation all that much in just a few years, it would still be beneficial to utilize programs that allow you to earn a return on your money. (I may not have said that for $2,500 but for $25,000 I think it's worth looking into.) Also, some scholars suggest that it is even allowed to invest in mutual funds that deal with banks, as long as you calculate the portion of your return that came from the bank charging interest, and donate that amount to charity."}
{"_id": "282376", "title": "", "text": "First of all, I think I'll clear off some confusion in the topic. The Sterling Ratio is a very simple investment portfolio measurement that fits nicely to the topic of personal finance, although not so much to a foreign exchange trading system. The Sterling Ratio is mainly used in the context of hedge funds to measure its risk-reward ratio for long term investments. To do so, it has been adapted to the following in order to appear more like the Sharpe Ratio:  I Suppose this is why you question the Average Largest Draw-down. I'll come back to that later. It's original definition, suggested by the company Deane Sterling Jones, is a little different and perhaps the one you should use if you want to measure your trading system's long term risk-reward ratio, which is as followed:  Note: Average Annual Draw-down has to be negative on the above-mentioned formula. This one is very simple to calculate and the one to use if you want to measure any portfolio's long-term results, such an example of a 5 or 10 years period and calculate the average of each years largest drawdown. To answer @Dheer's comment, this specific measurement can also be used in personal investments portfolio, which is considered a topic related to personal finance. Back to the first one, which answers your question. It's used in most cases in investment strategies, such as hedging, not trading systems. By hedging I mean that in these cases long term investments are made in anti-correlated securities to obtain a diversified portfolio with a very stable growth. This one is calculated normally annually because you rely on the Annual Risk-Free Rate. Having that in mind I think you can guess that the Average Largest Drawdown is the average between the Largest/Maximum Drawdown from each security in the portfolio. And this doesn't make sense in a trading system. Example: If you have invested in 5 different securities where we calculated the Largest Draw-down for each, such as represented in the following array: MaxDD[5] = { 0.12, 0.23, 0.06, 0.36, 0.09 }, in this case your Average Largest Draw-down is the average(MaxDD) that equals 0.172 or 17,2% If your portfolio's annual return is 15% and the Risk-free Rate is 10%, your Sterling Ratio SR = (0.15 - 0.10)/0.172, which result to 0.29. The higher the rate better is the risk-reward ratio of your portfolio. I suggest in your case to only use the original Sterling Ratio to calculate your long-term risk-reward, in any other case I suggest looking at the Sharpe and Sortino ratios instead."}
{"_id": "282379", "title": "", "text": "\"I think there's value in charging family members/friends interest if it will make them take the loan seriously.  The problem is that if you're thinking about charging interest because the person seems to be borrowing from you too cavalierly, it may be too late to make them take it seriously. In the situation you describe, if you're concerned about the loans being paid back, I think you need to have a serious conversation with the kids and make it clear you expect them to pay the loans back on whatever schedule you agreed to.  If, based on your knowledge of your kids, you think charging interest would help motivate them to do this, great.  If not, charging interest is unlikely to accomplish anything that the conversation itself won't accomplish.  If you haven't previously outlined a specific schedule or set of expectations for how you want to be paid back, just doing that (in writing) may be enough to make them realize it's not a joke. The conventional wisdom is that you shouldn't lend money to anyone unless you're either a) okay with never being paid back; or b) willing to pursue legal remedies to ensure you're paid back.  Most people aren't willing to sue their own family members over small loans, which means in most cases it's not a good idea to loan money to family unless you're \"\"okay with\"\" never being repaid (whatever level of \"\"okay with\"\" makes sense for you). I should note that I don't have kids; my advice here is just how I would handle it if I were considering loaning money to my brother or a close friend or the like.  This means I don't really know anything about \"\"teaching the kids about the real world\"\", but I have to say my hunch is that if your kids are 25+ and married, it's too late to radically change their views on how \"\"the real world\"\" works; unless they had a very sheltered early adulthood, they've been living in the real world for too long and will have their own ideas of how it works.\""}
{"_id": "282387", "title": "", "text": "\"&gt; I guarantee you that there's someone, somewhere (probably many someones in many somewheres) that would be happy to do your job for a lot less money.  Probably, but I am in a very different type of labor market than a Boeing union worker. Firms compete over candidates pretty ruthlessly, and the use of headhunters starts in the first couple months of work - sometimes before you even leave college. I started using a headhunter immediately after junior year ended.  Boeings requirements for it's mechanics is \"\"pass drug test, graduated high school\"\". The requirements for getting my job were \"\"attend a top university in the US, have a GPA in the top 5% at your institution, and then beat out on 90,000 other applicants for the fewer than 1,000 slots. The selectivity rate for the job is nearly 6-fold higher than getting into Harvard undergrad.  What I'm getting at is that it's not a matter of \"\"other people would willingly do my job for less\"\", it's the fact that those people are unable to get my job to begin with as the companies are unwilling to lower their standards and are competing for a very small pool of talent. But the minute they thought that they COULD do so without any ill consequences I know that they would outsource my position to India and I wouldn't blame them for doing it.  &gt; Does that mean that all publicly traded companies have a duty to demand tax incentives to not move to North Carolina, or Poland, or Cambodia?  My company has found a way to move a lot of it's back office employees out of state to cheaper areas. It is, in fact, the duty of any public company to strive for profit maximization. In the case of Boeing the cost savings over the next 30 years by moving to North Carolina (or Missouri, or whatever) would be incredible, which is why they have spoken about it.   &gt;Calling someone overcompensated means that the prevailing wage in the competitive labor market for the same quality of work is lower, not just assuming that someone would be willing to do it if you offered them $40k and a wrench.  It is. They are already being paid a lower rate outside of Washington State. Not to mention the idea that the competitive labor levels are brought about by a union is a direct affront to 80 years of labor economics.  &gt;That's easy to say and strikes an intuitive chord with the public, but there's no evidence that Boeing \"\"needs\"\" to do this.   Except that their primary competitor receives funding from multiple European governments. And EADS (or Airbus Group now) is constantly attempting to take market share from Boeing in the United States, both with airlines and with the government itself.  &gt;(stopping making stupid decisions to outsource large components around the world would be a great way to save money, for starters)  I can guarantee you that, on paper, the expected costs for outsourcing even with the risks involved were lower. But sometimes things don't go according to plan. Does that mean that companies should not try to innovate in their processes?\""}
{"_id": "282388", "title": "", "text": "Well, at least you're honest about the fact that you're advocating robbery.  How long do you think that'll work before people just say fuck it, and start pointing guns of their own?   That is how we became a country after all."}
{"_id": "282392", "title": "", "text": "15-19% gains also includes 15-19% and greater losses. They may not be required to disclose that to you in Hong Kong. If it isn't a leveraged account then that isn't too bad. Hong Kong is a nice jurisdiction, The US Federal Government is the only person you don't hide your assets from - but they dont want anything - so just report the accounts as commanded and you'll be A-Okay."}
{"_id": "282415", "title": "", "text": "\"Asking stupid questions scares people capable of rational thought. Everything you've said here is evident of a person with a very warped view of the world.  By all means, go ahead and live out in the wilderness, don't pay taxes, and be as happy as you want. But you better not use any roads, mail, EMS, sewage, running water, etc that the \"\"theft\"\" provides you. See how long you last.\""}
{"_id": "282419", "title": "", "text": "\"Most banks offer prepaid cards nowadays that should fit the bill here. I would recommend first checking with your bank to see what they offer, as that's probably the easiest, and perhaps cheapest, option. My bank, for example, has an entirely fee-free prepaid card that, while marketed towards teens, is entirely applicable for this case.  Other banks seem to offer similar products; some of them have more or less fees, but almost all that I've seen are better than the commercial products you'd find in a grocery store.   As an example (and I don't know anything about it so I don't specifically recommend this, just exemplifying what I mean): Note that the fees vary, some should be able to be used without ever incurring fees and some have fees you won't avoid.  Most seem to have the concept of \"\"sponsor\"\", or NFCU inverts it (you are the cardholder, your dad would be the \"\"companion cardholder\"\"), but in either way it means you can load money (and generally would be the sole money loader) and your dad could then spend it. If your bank doesn't offer what you want, you may want to consider getting an account with a provider that offers what you're looking for, so to make deposits easier.  Most of these allow deposits from other sources than checking accounts with that bank, but in many cases you may incur a fee or take longer for the money to clear.\""}
{"_id": "282435", "title": "", "text": "\"No, 90% of investors do not lose money. 90% or even larger percentage of \"\"traders\"\" lose money. Staying invested in stock market over the long term will almost always be profitable if you spread your investments across different companies or even the index but the key here is long term which is 10+ years in any emerging market and even longer in developed economies where yields will be a lot lower but their currencies will compensate over time if you are an international investor.\""}
{"_id": "282442", "title": "", "text": "To answer your question, Retirement Revolution may fit the bill to some extent. I'd also like to address some of the indirect assumptions that were made in your bullet points.  I'm convinced that the best way to overcome this is not simply to hold down a good job with COLAs every year, max out your IRA accounts and 401(k)s, invest another 10-20% on top, and live off of the savings and whatever Social Security decides to pay you. Instead, the trick is to not retire -- to make a transition into an income-producing activity that can be done in the typical retirement years, hopefully one that is closer to one's calling (i.e., more fulfilling).  This takes time, not money.  If people just shut off the TV and spent the time building up a side business that has a high passive component, they'd stand a much better chance of not outliving their money."}
{"_id": "282448", "title": "", "text": "I have no problem with H1-Bs, though if prefer the government open immigration up more generally all these folks wouldn't have to essentially be indentured servants. That said, having worked for years as a consultant doing tech-related projects at many of the world's/America's largest corporations, they are all using H1-B tech workers as cheap labor. This isn't being done in small pockets here and there. It is on a massive scale. In some companies, there are probably 5x more H1-B tech workers than there are citizens and permanent residents. These H1-B workers don't have any skills that are impossible to find otherwise (in fact, much of the time they are lower skilled). They are simply cheaper."}
{"_id": "282456", "title": "", "text": "\"Some banks allow mint.com read-only access via a separate \"\"access code\"\" that a customer can create.  This would still allow an attacker to find out how much money you have and transaction details, and may have knowledge of some other information (your account number perhaps, your address, etc). The problem with even this read-only access is that many banks also allow users at other banks to set up a direct debit authorization which allows withdrawals.  And to set the direct debit link up, the main hurdle is to be able to correctly identify the dates and amounts of two small test deposit transactions, which could be done with just read-only access. Most banks only support a single full access password per account, and there you have a bigger potential risk of actual fraudulent activity. But if you discover such activity and report it in a timely manner, you should be refunded. Make sure to check your account frequently. Also make sure to change your passwords once in a while.\""}
{"_id": "282483", "title": "", "text": "In general, investors with a long period of time until they would need to withdraw the cash are best off holding mostly equities.  While the dividends that equities would return are less than the interest you would get in peer-to-peer lending, over long periods of time not only do you get the dividends from equity investment but the value of the stock will grow faster than  interest on loans. The higher returns from stocks, however, comes with more risk of big downturns.  Many people pull their investments out of stocks right after crashes which really hurts their long term returns.  So, in order to get the benefit of investing in stocks you need to be strong enough to continue to hold the stocks through the crash and into the recovery. As for which stocks to invest in, generally it is best to invest in low-fee index funds/etfs where you own a broad collection of stocks so that if (when) any one stock goes bust that your portfolio does not take much damage.  Try to own both international and domestic stocks to get good diversification.  The consensus recommends adding just a little bit of REITs and bonds to your investments, but for someone at 25 it might not be worth it yet. Warren Buffett had some good thoughts on index investing."}
{"_id": "282499", "title": "", "text": "I'm not 100% sure, but I don't think it would be considered a free ride. The idea of a free ride is that you are engaging in a transaction when you do not actually have the money available to cover it, since the broker is technically giving you a 3 day loan whenever you purchase your stock (3 day rule to settle.) However, if you are using a margin account, and you have enough credit available, then you are not actually using unsettled assets, but rather an additional line of credit which was granted to you. You would just need to make sure that your total transactions are less than your purchasing power. That's my take on it anyway. I hope that helps, and hopefully someone can confirm or reject what I have said."}
{"_id": "282500", "title": "", "text": "\"Doing tl;dr* : Filed return in January. FOUR \"\"tax professionals\"\" (LOL) and a district supervisor later, the tax board says my refund was finally \"\"OKd for approval\"\" June 30.  * The full story of how Block FUBAR'd my return? I'm pitching it to Netflix as an original series along the lines of \"\"Stranger Things.\"\" Possible spin off series, \"\"Ambulatory Cadavers\"\", using actual HoRrible Block office staff.\""}
{"_id": "282501", "title": "", "text": "I assume you've looked into gold as an asset class (which is considered to be a good diversifier in your portfolio at about 5% of investments) because there are a lot of opinions around about that.  But in terms of physical vs paper gold investment, my experience has been that they'll absolutely kill you on fees if you're not careful. I had a broker try and charge me $80/oz. They do it in the margins though, so they'll just sell at say $1,350 but buy at $1,200. Just make sure you either know the market price when you walk in and stick to your guns or lock in a price ahead of time."}
{"_id": "282502", "title": "", "text": "Here's a very good series of classroom lectures by Robert Schiller, one of America's top economists and a prof at Yale:  http://www.youtube.com/user/YaleCourses#g/c/8F7E2591EE283A2E  This should give you some general insight into basic principles of finance and give you a framework to learn more later."}
{"_id": "282512", "title": "", "text": "That is not an effective strategy for hiding assets. If you own any stake in those corporations, the attorney can target that ownership interest. If you don't have any ownership interest in those companies, then you're just like any other American dealing with other companies - no one expects to get a judgment against their adversary's apartment complex."}
{"_id": "282516", "title": "", "text": "20year olds- a lot of debt from college --&gt; don't want to add mortgage debt--&gt; less new houses being bought.  baby boomers--&gt; don't want to add mortgage debt, not worth it--&gt; downsize--&gt; less new houses being bought.  It's pretty simple. Where's my blog article businessinsider?"}
{"_id": "282517", "title": "", "text": "The 7 digit corporation number can be found through a business entity search on the CA SOS website (specifically, http://kepler.sos.ca.gov/) If you have a 7-digit corporation number, then you do not have a 12-digit file number.  (A call to the Secretary of State's office revealed that they provide either a 7 digit corporation number or a 12 digit file number - not both.)"}
{"_id": "282519", "title": "", "text": "Dude burgers aren't the only thing on a fast food menu...and you are ignoring a lot of other factors and saying that in a couple years it would be ready to roll out in fast food chains is crazy. If this is what you do for a living then you should really temper your expectations."}
{"_id": "282538", "title": "", "text": "Alot of these answers have focused on the dilution aspect, but from a purely legal aspect, there are usually corporate bylaws that spell out what kind of vote and percentage of votes is needed to take this type of action.  If all other holders of stock voted to do this, so 90% for, and you didn't, so 10% against, it's still legal if that vote meets the threshold for taking the action. As an example of this, I known of a startup where employees got $0/share for their vested shares when the company was sold because the voting stock holders agreed to it.  Effectively the purchase amount was just enough to cover debts and preferred stock."}
{"_id": "282548", "title": "", "text": "Ya the internet in 2002 was a much different place. For the most part, if you were talking to an actual human on the other end of the ICQ/AOL/Email and they said they'd come through with something, they actually did it.    Great story though, that's pretty awesome how it worked out for you!"}
{"_id": "282550", "title": "", "text": "Everyone has a different way to measure wealth.  If everyone in your state has $10 worth of food and housing and $1,000,000 worth of explosives, some may argue your quality of life is worse than a state where everyone has $50 worth of food and housing.  If everyone in your state has $1, except one guy has 50% of the world's wealth, some may argue that your quality of life is worse than a state where everyone has $2."}
{"_id": "282559", "title": "", "text": "In a strange way I'm starting to like this guy. He is really a true reflection of what Washington has become. He is not the aberration, he is the norm. We finally have a President that looks just like the rest of our leaders. Vain, feckless, stupid, and self-interested. We're finally looking in a clear mirror."}
{"_id": "282565", "title": "", "text": "A company typically goes public in order to bring in additional capital. In an IPO, the company (through its officials) will typically do so by issuing additional shares, and offering to sell those to investors. If they did not do that, then there would be no net capital gain for the company; if person A sells share in company C to person B, then company C does not benefit directly from the exchange. By issuing and selling additional shares, the total value of all stock in the company can increase. Being publicly traded also greatly increases the confidence in the valuation of the company, as a consequence of the perfect market theory. There is nothing in this that says that initial investors (cofounders, employees, etc.) need to sell their shares in the process. They might choose to do so, or they might not; or they might be prevented from doing so by terms of any agreements that they have signed or by insider trading laws. Compare What happens to internal stock when a company goes public? Depending on specifics, it might be reasonable for the company to perform a share split prior to the initial public offering. That, however, doesn't affect the total value of the shares, only the price per share."}
{"_id": "282577", "title": "", "text": "Exactly, which only illustrates the short-sighted worldview of Gen-Whatevers. That 'free' wild-west internet, those kicky content-creating rebels are all *being bought up* by the NY/Hollywood old-boy network. The internet isn't *replacing* TV, it's **becoming** TV.  And your payment will keep right on going to the same reptiles every month."}
{"_id": "282580", "title": "", "text": "You have some good points, but get this - it will certainly come a point of time where say 80% of the working population can provide 100% of the goods/services everyone needs. Then this will get to 70%. 60%. This can result in two things - either huge unemployment problem or overproduction and all that comes with it - spoilage, lower prices, cost-cutting (i.e. again unemployment). It may not be soon, but I think it's inevitable. The problem with that is, so far, employment is a great way to redistribute wealth (a fair way let's say), which is the actual problem at hand. Jobs wouldn't matter if we had another efficient mechanism to do that. In fact, it would be better if humans didn't have to work at all and focus on leisure, science, art, w/e. But we don't have such a mechanism unfortunately. And as the need for a labor force shrinks, things are going to get ugly, even uglier than now. Since the supply of labor will grow with human population, the price of labor inevitably will go down, which means even more transfer of wealth from middle/lower class to the capital owners."}
{"_id": "282601", "title": "", "text": "It depends on which grants you'rs qualified for.  It depends on which grants you apply for.  It depends on how good your application makes you look by the criteria of thst fund, and how good every other candidate's application makes them look.  It depends on how much money the sponsor can afford to give out this year.  The way to estimate this is to research what funds you can apply for, and run an expectation-value based on your best guess of how much they'll pay and the odds of being selected.  The way to get a real answer is to apply, do the best you can, and see what happens. Welcome to your first taste of the real world. Many questions do not have simple answers, even as estimates. Your guidance councelor may be able to give you some advice on what to apply for and how likely you are to get it. But in the end, you wind up applying for whatever you can, applying to a number of schools, and making a final decision after all the answers have come back."}
{"_id": "282623", "title": "", "text": "\"I'm not a fan of using cash for \"\"emergency\"\" savings. Put it in a stable investment that you can liquidate fairly quickly if you have to. I'd rather use credit cards for a while and then pay them off with investment funds if I must. Meanwhile those investments earn a lot more than the 0.1 percent savings or money market accounts will. Investment grade bond funds, for example, should get you a yield of between 4-6% right now. If you want to take a longer term view put that money into a stock index fund like QQQ or DIA. There is the risk it will go down significantly in a recession but over time the return is 10%. (Currently a lot more than that!) In any event you can liquidate securities and get the money into your bank is less than a week. If you leave it in cash it basically earns nothing while you wait for that rainy day which many never come.\""}
{"_id": "282663", "title": "", "text": "Make sure the financial adviser is fee only.  This means the person gets paid a set fee instead of a commission.  The commission based adviser will put you in a financial instrument that can charge upwards of 5%, so he would get $900k for hooking you as a client.  You can go to finra.org to find a good one.  Read books a variety of books so you know about finanical matters.  Credit is not advisable if you have as much money as you do.  You have already won the race, no need to take risks."}
{"_id": "282674", "title": "", "text": "Hey all,  I have no idea what to do in order to calculate the wacc. It just doesn't make sense to me! And more so, understanding the circumstances in which it would be appropriate to use the company's wacc as the discount rate in the project.   The Australian company tax rate: 27.5%  Applicable date for risk free rates: 28/8/17  10 year rate for risk free: 2.615%  8 year risk free rate- 2.505%  Credit spread for corporate bond: 95bp  I just don;t understand what I am supposed to do!"}
{"_id": "282681", "title": "", "text": "\"It is legal.  They're probably going to give you a 1099-MISC, which is required of businesses for many cash payments over $600 in value to all sorts of counterparties.  (Probably box 3 of 1099-MISC as is typical in \"\"cash for keys\"\" situations where one is paid to vacate early)   A 1099-MISC is not necessarily pure income, but in this case, you do have money coming in.  This money isn't a return of your security deposit or a gift. The payment could possibly be construed by you as a payment to make you whole, but the accounting for this would be on you.  This is not a typical situation for IRS reporting.   However, if you are uncomfortable with potentially explaining to the IRS how you implemented advice from strangers over the internet, the safest course is to report it all as income.  Look at it this way: you did enter into a mutual contract, where you were paid consideration to release your leasehold interests in the property.\""}
{"_id": "282683", "title": "", "text": "I think it's a bad idea. You are taking a large amount of cash and changing it into an investment that is not liquid - if you need the money, it is expensive to get it back."}
{"_id": "282689", "title": "", "text": "So you are saying down the road the FED might cancel out the amount of T-Bills and MBS they hold with the Treasury? If you think that you are in that group of left leaning economists who don't believe in American exceptionalism on anything but for some reason carve out an exception for economics. Has anything close to that level of debt cancelation ever happened before? It would permanently damage America's reputation and if it went really bad it would be a disaster unlike this country has ever experienced."}
{"_id": "282703", "title": "", "text": "For lottery winning, you will learn a mathematical formula and you can use to predict what numbers are going to win the next big jackpot. Our lotto playing to win E-Book includes a lottery system for all United Kingdom, United States, European and Oceania countries. This book has been written for those who wish to improve their chance of winning the lottery. For the lotto e-book, you can visit our website lottoplayingtowin and booked your order online."}
{"_id": "282706", "title": "", "text": "It's a similar case where you are basically choosing to forgo negotiating price on your own. In the case you describe neither you nor the business are in any way forced to accept the terms being offered to you and presumably you would not if you had certainty of a better price somewhere else. The value being added is that you now have another choice you can consider that you may not have known about and may ultimately be cheaper than each continuing a search on their own even with the lower/higher rates. If continuing to search causes you lost wages or the business lost productivity then the value is in reducing the amount of loss."}
{"_id": "282709", "title": "", "text": "Well, look at how it started:  &gt;In 1720, in return for a loan of \u00a37 million to finance the war against France, the House of Lords passed the South Sea Bill, which allowed the South Sea Company a monopoly in trade with South America.  Definitely NOT capitalism."}
{"_id": "282714", "title": "", "text": "\"I usually go to a theater closest to me owned by a smaller local company. However, once I ventured to my nearby AMC to see a $28 ticket price! WTF!? I just want to watch a movie. I don't need a handjob or a glass of Dom while I watch. I asked the ticket guy why. He said \"\"it's got Dolby sound and it's the summer I guess\"\". Fuck AMC. I saw the same movie 3 miles away for $9.\""}
{"_id": "282724", "title": "", "text": "\"hello \u2013 I am a natural born US citizen; I have worked 35+ years in the United States; I have a 401(k), IRA, Social Security benefits. I have researched the ex-patriot possibilities for several years. I've consulted both accountants and tax attorneys. The long answer is: hire tax consultants/attorneys to try to shelter what assets you can. 401(k), IRA, and Social Security benefits are all taxable worldwide to US citizens. unless you become the citizen of your new country of residence, these taxes are unavoidable. since all of the above assets are considered \"\"pretax\"\" to the US government, they are all taxable on distribution whether slowly or in lump sum. the short answer is: \"\"Hotel California\"\"\u2026 \"\"Relax, said the watchman \u2013 we are programmed to receive. You can check out any time, but you can never leave\u2026\"\"\""}
{"_id": "282725", "title": "", "text": "\"I've been prompted to turn my comments into an answer -  Disclosure - I am a Realtor. I work for an investor for whom an offer on a house he will buy describes him as a \"\"cash buyer.\"\" This phrase most often means one of two things -  The buyer has funds that are liquid enough to either wire the cash or produce a cashier's check in some number of days, a week or two would be common. (And not wait for another house to sell) The other point of this is that the seller is not willing to finance the property. The flip side being that the seller will take a down payment and let the buyer pay over time.  I am nearly 54, and I'm open to the fact that language changes. Definition follows usage. In personal finance, we refer to a stock/bond/cash mix. Here, the word \"\"cash\"\" simply means money such as money market or short term T-bills. A 60/30/10 mix doesn't mean I have a briefcase of cash under my bed for that 10%.  To answer the OP, I'd ask the seller does \"\"cash\"\" mean - Keep in mind, when a seller has a buyer who needs to sell their home first, there can be a chain going a few levels. When it's \"\"turtles all the way down\"\" it becomes too risky to the seller.  No, you are not out of luck. I'd open a dialog with the seller or their agent if any. Sales is all about understanding what each person's goal is.\""}
{"_id": "282726", "title": "", "text": "I like THEAO's answer above but I would make some changes.  Treat this as a gift; not a loan. Having to ask your friend for repayments is likely to become a huge strain on the friendship.  Giving them money, whether you decide to do it as a gift or a loan, does not entitle you to then dictate their life.  Sitting down with friends and going over their budget until it satisfies you is likely to be stressful for you both and demeaning to them.  You can make getting help from a financial advisor/counselor a part of your gift. I would go as far as to suggest paying for that service for your friends as a part of the money you give them. If a few months from now they need more money, you'll have to reassess the situation."}
{"_id": "282743", "title": "", "text": "Look at the 'as of'.  Google's as of is 11:27 whil Yahoo's is 11:19.  Given the shape of the Google curve, it looks to me that Yahoo's may well drop that much in the next 8 minutes. In fact, looking at it now, Yahoo's algorithm showed it as about 30 at 11:24, before going back up again some.  It may not have been identical to Google's, but it was certainly close."}
{"_id": "282744", "title": "", "text": "If you trust the other party, an international bank wire would be the quickest, easiest, and cheapest option. It is the standard way to pay for something overseas from the United States. Unfortunately, in most cases, they are not reversible. I don't believe Paypal is an option for an amount that large.  Escrow companies do exist, but you would have to research those on a case by case basis to see if any fit the criteria for your transaction and the countries involved. I'll also add:  If it were me, and there was no way to get references or verify the person's identity and intent to my satisfaction, then I would probably consider hopping on a plane. For that amount of money, I would verify the person and items are legitimate, in person, and then wire the money."}
{"_id": "282752", "title": "", "text": "\"Where to start ?! re-unionization of workforce, more regulation of financial industries, incentivate banks into lending money, de-cartelisation, re-structuring higher education, closing tax loop-holes, raise corporate tax on profits, government incentive tech-industries ...  And most important undo American middle/low-classes [\u201ctemporarily embarrassed millionaires in waiting\"\"](http://www.alternet.org/news-amp-politics/americas-inequality-nightmare) psychology.\""}
{"_id": "282770", "title": "", "text": "If you don't receive a W2, there are 2 scenarios you should consider: If you have reason to believe that scenario 1 is accurate, then you could file your taxes based on the last valid paycheck you received. If you have reason to believe that scenario 2 is accurate, then you need to do some extra math, but fortunately it is straight forward. Simply treat your final paychecks as if the gross amount of your check was equal to the sum of your taxes paid, and the net amount of the check is $0. This way your income will increase by the proper amount, and you will still receive credit for the taxes paid. This should work out cleanly for federal and state taxes, but will likely result in an overpayment of FICA taxes. You can use form 843 to receive a refund of excess FICA taxes. As a side note, I'd recommend spot checking the YTD numbers on your last paychecks against previous paystubs to make sure there wasn't any fuzzy math going on when they realized they were going out of business."}
{"_id": "282775", "title": "", "text": "What's really going on here?  Why is a foreign company that has the  majority of it's factories and workforce in China, now suddenly wishing to build a factory in the US.  FoxConn is not exactly known for high paying jobs in China. [1]  Now the claim is that they're going to spend billions on a US factory where the claim is that they'll create 3,000+ jobs with an *average* salary of $54K+ not including benefits?  Why not build another factory in China where you could arguably hire cheaper labor, and you wouldn't have to build up a new supplier chain?  What's suddenly making building an American factory, a smarter business decision as opposed to say FoxConn's stated 2016 aggressive push to eliminating jobs via automation.  [2]     [1] http://www.marketwatch.com/story/it-would-take-25-years-of-foxconn-wages-to-afford-10000-apple-watch-2015-03-10  [2] https://www.theverge.com/2016/12/30/14128870/foxconn-robots-automation-apple-iphone-china-manufacturing"}
{"_id": "282811", "title": "", "text": "With a paypal micropayment he pays 61k (6.1%) (5% of sale price + .05 cents per transaction)  With a regular paypal he pays 95k (9.5%) (2.9% of sale price + .30 cents per transaction)  In case anybody was wondering what the poster is talking about.  Either way he got hosed by using PayPal.   Note: I'm working off 220,000 units sold at 1 million dollars (which I know aren't the exact figures)."}
{"_id": "282814", "title": "", "text": "Answer their questions as honestly as you can, they should know that you aren't going to have the answer off hand to everything and that is ok.  One way that you can cover yourself is to take photographs of everything that way if anything catastrophic does happen you will have something to show exactly how it was when the adjuster comes to do their estimates.  Hopefully you never need to use that but better to err on the side of caution. The insurance company isn't all that important, read reviews as mentioned in another answer.  You can also look into multiple policy discounts.  If your insurance provider for your auto insurance also offers homeowners policies they might also offer you a discount on one or both policies for grouping them.  Feel free to shop around and look for the best coverage at the best price.  Overall the most important thing is going to be a company that is easy to deal with.  It is not worth saving a couple dollars a year to have insurance through somewhere that is going to make it a nightmare to make a claim. In addition to answering all of their questions make sure that you have all of your own questions answered.  Depending on location you might want to ask if they cover hurricanes, flooding, tornadoes, other natural events, etc.  If you have any special items like collectibles, jewelry, expensive electronics, firearms, etc you might want to ask if that is covered of if you need a separate rider for those items."}
{"_id": "282816", "title": "", "text": "You almost never want to repay a pre-2012 student loan early. As you've realised, you can put the money in an ISA instead and earn more interest than you're paying on the loan. If you withdrew money from the ISA each month to replace the repayments being taken from your salary, there'd be money left in the ISA when you finished repaying the loan. This is also the cheapest debt you'll ever have, so if you repay it now and then end up borrowing money elsewhere in the future, you'll probably be worse off. In particular, if you expect to have a mortgage at some point, you'll probably be better off keeping the money to add to a deposit rather than repaying it now and then borrowing more on the mortgage. You should also consider how long it'll take you to repay the loan normally. If you don't expect to finish repaying within 25 years, you'd be throwing money away by repaying early. This is more of an issue for the larger post-2012 loans."}
{"_id": "282826", "title": "", "text": "Staying in Idaho, you could pursue some additional degree and try to get a job with a bank in the area as an investment advisor of some sort. However, I have doubts as to whether or not you'd be able to employ your creativity and test your own instincts in that sort of a position. If you really want to get into the big-money investment sector, I'd suggest a move to a financial hub (Chicago, New York, San Francisco) and getting a job programming for a big firm. After obtaining some experience there, you may be able to transfer to a more investment-oriented position (at the same firm or another) and from there to a position where you can unleash your talent (assuming you have some). Putting a degree in finance somewhere in the mix would help too. Consider the following. You want to make $50,000/yr (low) by running a fund with a 1% expense ratio (high) investing other peoples' money... you're dealing with at least $5 million. That's a good chunk of change. To be entrusted with that kind of money is kind of a big deal, and you'll need to get some people to believe in your capabilities. You're not likely to get that kind of trust working out of Boise. Even if you're just doing research for some fund manager, you're not likely to find too many of those in Boise either."}
{"_id": "282844", "title": "", "text": "If you have non Residency status in Canada you don't need to file Canadian tax return. To confirm your status you need to contact Canada Revenue (send them letter, probably to complete some form)."}
{"_id": "282855", "title": "", "text": "\"Cash Bucket Pawn Shop - Scottsdale, AZ | 480.478.9639  About Cash Bucket Pawn  Cash Bucket Pawn is a leading pawn broker in Arizona. The company offers the best deals and prices on any and all items. Cash Bucket Pawn located in Arizona is a leading pawn broker. Cash Bucket Pawn offers discrete confidential services to all its clients, every customer is treated with respect and given the best possible deal.   \"\"Cash Bucket Pawn is the most unique pawnshop. They paid me a very fair price for my items and I was very impressed with the kind and friendly service. This is the place to go if you are selling or pawnshop nice stuff!\"\"\""}
{"_id": "282877", "title": "", "text": "&gt;If it causes a housing crisis, it will be for those who bought 3000 sq ft Mcmansions on what used to be farmland.   Or those who have a 1200 sq ft home in a city like San Francisco.   &gt;Removing the state and local tax deduction means there might finally be incentive for cities to consolidate local townships and increase overall efficiency again.  This is a joke. The nature of the two-party system (and in some localities a totality of a one-part system, e.g. San Francisco and California) renders your statement out to be a joke with regards to how the real (local and state) bureaucracies and politics work out in the meat space."}
{"_id": "282882", "title": "", "text": "Pretty big difference between the \u201cover valued\u201d stock of the dot com crash (more akin to ICO\u2019s in that they\u2019d have an idea and IPO for $60mm withoutany real viable business or assets) and the \u201cover valued\u201d stock Einhorn is rambling against today (short Amazon, which clearly has a functioning business with tangible assets)"}
{"_id": "282895", "title": "", "text": "\"The best advice I can give you is that you need to start on math *now*. I made the same mistake as OP and didn't realize that going up in finance would require as much math as it does. Granted, I was undergrad finance not marketing like him, so maybe it was a little better for me, but if you really want to do upper level finance do NOT skimp on math.  It's easy to fall into the trap doing cal 2 your sophomore year and thinking \"\"I won't really need this\"\" and just doing the minimum to get through it. For undergrad, that's true. For Master's you'll need it. This happened to me, and I suffered a LOT because of it. Your professors in the master's program will likely give you a crash course in what you need to know, but you won't have a real understanding of it unless you took (and did really well in) those math classes beforehand.  To answer your question,   1. Maybe. You should definitely take cal 1 early. Depending on how you can hold on to the information, cal 2 can wait a bit, so it's fresher when you start doing upper level finance your second half of junior year/senior year.  2. Upper level finance is a whole different beast from lower level finance. Same with economics. If you're not good at math, if you don't enjoy math, it might not be the best choice. I'm not good at math, and the undergrad finance wasn't too bad. However, the master's program was very very not fun.   EDIT: YMMV, but I don't recommend going straight into the master's program straight out of undergrad. Work (in industry!) for a bit first. The jobs you need to a master's for won't hire you straight out of undergrad, so it'll be dead weight. Experience is what you need.\""}
{"_id": "282906", "title": "", "text": "Algolia is an amazing service and an absolute joy to use. They deserve all the praise they're getting and then some.  However, it's easy to exceed their record limits, especially since you need to duplicate your index every time you want to 'sort by' something.  For instance, if I wanted an option to sort my results by date, and to then search these, I'd need to create 2 new slave indexes for date ascending and descending respectively. Sorting by anything else, like price, means creating yet more indexes and suddenly it's easy to turn 30K records into 150K. This happened to me and I ended up having to roll something custom instead (Vuejs frontend and Sphinx Search backend), since my client balked at the extra cost.  But, if you have a small dataset, or are fine with the costs, then Algolia is spectacular."}
{"_id": "282917", "title": "", "text": "\"hang on a minute, you're referring to \"\"immigrants\"\".  the headline talks about \"\"*illegal immigrant families*\"\".  those are two different animals  that said, this is high quality information for context.  and i appreciate it very much.\""}
{"_id": "282934", "title": "", "text": "\"As stated in the other answer, debit card payments even contactless ones, do not debit instantly or anywhere near instantly. They can take several days or even longer. However, the fact that the payment was approved would indicate that the contactless device used by the retailer managed to connect to your bank account and could see there were sufficient funds.  At this time the payment should also have \"\"reserved\"\" the funds so it will be \"\"pending\"\" as such.  Your online banking may not show all types of pending transactions, it may only show Direct Debits for example, if you ring the bank I expect they will be able to see this payment and advise accordingly, out of interest who do you bank with? If you can see your \"\"available\"\" funds you should find that includes this payment having been \"\"reserved\"\" ie you can't use that money, but if it's a small amount you may struggle to spot it.  Again, this will vary by bank and how their internet banking system has been implemented. I would expect this payment to debit your account the working day after you made it, or at worst the day after that.  In theory with \"\"faster payment\"\" technology it could happened within 2 hours but not all banks implemented that system in the same way so delays can and do occur.  If the retailer/merchant banks with the same bank you do, in theory the transaction could be instantaneous, again depending on the bank. Short answer short, the transaction is fine, it won't be void, you just need to wait, probably a day or two. This link has more info, especially useful if you bank with NatWest (as I say the technology is likely to vary by bank to some extent).  Your own bank should have their own version of this. http://personal.natwest.com/personal/current-accounts/your-visa-debit-card/contactless.html\""}
{"_id": "282944", "title": "", "text": "Well yeah, and I personally feel that way. But I thought they were being extreme, and making unsupported statements can weaken the credibility of their cause.   Zero correlation means that you can get done in 5 hours what I can get done in 40. Now, your productivity per hour will certainly be higher (you'll prioritize ruthlessly, automate aggressively, and work with incredible focus, maybe you're more creative and find higher value services to offer), but if I'm even a quarter as productive on an hourly basis, I'm doubling your weekly output."}
{"_id": "282947", "title": "", "text": "\"Starting with small amount of money is definitely a good idea, as it is a fact that majority of the online traders lose their initial investment. No wonder that for example in the UK, FCA decided to make steps to raise the chances of clients staying in business by limiting leverage to 1:50 and 1:25. http://www.financemagnates.com/forex/bloggers/new-fca-regulations-going-affect-retail-brokers/ Trading leveraged products is risky and you will lose some, or all your money with very high chance. But that doesn't mean necessarily it is a \"\"bad investment\"\" to trade on your own. Imagine you have a $1000 account, and you trade max 0,1 lot fx position at once maximum (=$10.000 position size, that is 1:10 leverage max). Beginner steps are very challenging and exiting, but turning back to your initial question: is there a better way to invest with a small amount of money Obviously you could purchase a cheap ETF that follows a broad market index or an already existing successful portfolio.\""}
{"_id": "282958", "title": "", "text": "As a nonresident sole proprietor or partnership You are not a sole proprietor or a member of a legal partnership. You are an employee for a corporation.  Does the nature of your work require you to be present in New York regularly? If you are in New York for personal reasons, you are simply telecommuting. You must pay taxes personally for your W-2 income, but your business entity never moved from Wyoming. If this were not true, companies would have to pay corporate income tax to every state in which they have a telecommuter. For example, I live in Florida but telecommute to a company in Michigan. Does my employer pay Florida business tax? Of course not. Your business would only owe New York if the nature of the business requires a consistent and regular business presence in New York, such as maintaining an office for a portion of every year so clients could see you."}
{"_id": "282963", "title": "", "text": "Appreciate your frank sharing.  It's rare to hear from the other side, and it's especially enlightening when it is honest to heart sharing and not some mere rhetoric. :)  I get a feeling it's the same situation for lawyers in other countries and also for accountants as well.  Gee, reading your post makes me feel pampered as an ex-engineer /consultant in the tech industry. * gasp *  By ownership of law firms, do you mean to have law firms setup by companies such as Costco and not necessarily owned by a someone who is also a lawyer by training?  How does that necessarily make legal fees lower?  Competition?  About overtime for exempt employee, it applies to almost all other industries.  Unless the employees speak up or go on strike, employers (with no scruples) will tend to squeeze empoyees dry.  Speaking of which, unions do not apply to exempt staffs right?"}
{"_id": "282971", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/badeconomics] [What if we replaced the words Basic Income with PUBLIC DIVIDEND? \u2022 /r/economy](http://np.reddit.com/r/badeconomics/comments/2dlo9n/what_if_we_replaced_the_words_basic_income_with/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "282976", "title": "", "text": "PMI (Private Mortgage Insurace) is not part of foreclosure. It is part of the MORTGAGE process. Say a bank wants a 20% down payment, for a mortgage and you can only put up 5%. You can take out PMI for the 15% difference. The bank will force you to do this every year (usually for lesser amounts) until your house has risen enough in value so that you have 20% equity.  That's because banks want a maximum loan to value (LTV) ratio of 80% (sometimes less, nowadays).  OK, by allowing you to buy a house with skimpy equity, PMI increases the chance of foreclosure."}
{"_id": "282982", "title": "", "text": "Their messaging always weirded me out.   They keep talking about you not needing a bank, but have no checking savings. Probably because it's low margin. They stick to student loans, mortgages from rich parts of the market for low risk. They tranche them just like old housing mortgages, but I wonder if there are enough high quality customers out there to satisfy the demand of their investors."}
{"_id": "282987", "title": "", "text": "I think playing certain kinds of lottery is as economically sound as buying certain kinds of insurance.  A lottery is an inverted insurance. Let me elaborate.  We buy insurance for at least two reasons. The first one is clear: We pay a fee to protect ourselves from a risk which we don't want to (or cannot) bear. Although on average buying insurance is a loss, because we pay all the insurance's office buildings and employee's salaries, it still is a reasonable thing to do. (But it should also be clear that it is unreasonable to buy insurance for risks one could easily bear oneself.) The second reason to buy insurance is that it puts us at ease. We don't have to be afraid of theft or of a mistake we make which would make us liable or of water damage to our house. In that sense we buy freedom of sorrow for a fee, even if the damage wouldn't in fact ruin us. That's totally legitimate. Now I want to make the argument that buying a lottery ticket follows the same logic and is therefore not economically unreasonable at all. While buying a lottery ticket is on average a loss, it provides us with a chance to obtain an amount of money we would normally never get. (Eric Lippert made this argument already.) The lottery fee buys us a small chance of something very valuable, much as the insurance frees us from a small risk of something very bad. If we don't buy the ticket, we may have 0% chance of becoming (extremely) rich. If we buy one, we clearly have a chance > 0%, which can be considered an improvement. (Imagine you'd have a 0.0000001% chance to save the life of a loved one with a ticket who'd be 100% doomed otherwise. You'd bite.) Even the second argument, that an insurance puts us at ease, can be mirrored for lotteries. The chance to win something may provide entertainment in our otherwise dull everyday life. Considering that playing the lottery only makes sense for the chance to obtain more money than otherwise possible, one should avoid lotteries which have lots of smaller prizes because we are not really interested in those. (It would be more economical to save the money for smaller amounts.) We ideally only want lotteries which lean on the big money prizes."}
{"_id": "283008", "title": "", "text": "My broker collates the order book by price and marketplace, displaying the number of shares available at each level, sorted as in Victor's screencap. You can glean information from not just a snapshot of the order book but also by watching how it changes over time. Although it's not always a complete picture -- many brokers hold limit orders internally until the market is close, at which point they'll route to an exchange or trade internally. And of course skilled market participants know that there's people out there looking to glean information from the order book and will act to confuse the picture. The order book can show you: Combined with a list of trades (price & size, and whether it was a buy or sell), you can get a much more complete picture of what's going on with a stock than by looking at charts alone."}
{"_id": "283020", "title": "", "text": "None-fanboy source [here](http://tech.fortune.cnn.com/2011/12/05/top-android-phone-maker-faces-u-s-import-ban-tuesday/).  Links to the two patents here: ['647 - System and method for performing an action on a structure in computer-generated data](http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&amp;Sect2=HITOFF&amp;d=PALL&amp;p=1&amp;u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&amp;r=1&amp;f=G&amp;l=50&amp;s1=5,946,647.PN.&amp;OS=PN/5,946,647&amp;RS=PN/5,946,647) ['263 - Real-time signal processing system for serially transmitted data ](http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&amp;Sect2=HITOFF&amp;d=PALL&amp;p=1&amp;u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&amp;r=1&amp;f=G&amp;l=50&amp;s1=6,343,263.PN.&amp;OS=PN/6,343,263&amp;RS=PN/6,343,263)  I don't believe '647 will be a real threat because the language it uses means the patent is extremely broad and describes something that is fundamental to the operation of practically every web browser, indexing software and electronic guide on the planet.  Like Samsung's (I think) attempt to injunct the iPhone using its 3G patents, the ITC will likely rule that the technology/system is too critical to modern function and hence cannot be a valid reason for injunction.  '263, however, is a real problem for Android.  My interpretation of the patent is that it's claiming a system where the OS parses data from a wirelessly transmitted stream based on type and offers it to other apps instead of having apps actively request data from the OS.  As I understand it, this is exactly how Android's intent-activity model works.  Because this model of data sharing is at the core of Android and fundamental to its design, it's practically impossible to circumvent without completely rewriting Android, which would break everything.  Furthermore, because there is a clear alternative on how to share data (ie. apps request from OS, OS gives data parsed from stream), the protection used against the 3G injunction attempt against Apple cannot be used here.  Simply put, the ITC can easily put an injunction on HTC on the basis of '263, and if it does, then *all* Android phones can expect to receive similar injunctions very very quickly after that.  It would be nice to see what /r/business thinks any possible injunction may have not only on the stocks of the smartphone companies but also on the entire smartphone market as a whole.  Personally, I think any injunction based on either patent will make the stocks of any Android makers and Google plummet.  It would probably chill the mobile market for a while as investors try to guess just what other patents Apple might be able to use against the remaining platforms of Blackberry and Windows Phone 7.  And then things will probably return to normal, sans Android and the companies that strongly supported it like Samsung, HTC and Motorola.  Samsung and Moto will probably the worst hit, while HTC will end up focusing on WinPhone 7.    Thoughts?"}
{"_id": "283033", "title": "", "text": "compare it to 2003 ?. forget about the article, did you even read the title here ?. it says that the median net worth right now is at a level not seen since the early **1990s**. its like the pendulum, when it swings back.it won't stop in the middle right away, it just goes to the other extreme. provided no one messes with it, it will stop in the middle eventually."}
{"_id": "283044", "title": "", "text": "HDFC Bank offers an easy and comfortable way to hold the foreign currency for NRIs with a RFC Savings Account. You can  deposit money in 4 different currencies and anytime convert them into money. Apply for an HDFC Bank RFC Account now!"}
{"_id": "283048", "title": "", "text": "First problem I see is you'd be getting that rent per month, so you get 12% a year before taxes and related expenses. Loans will allow you to leverage your capital, so you can cover the mortgage payments with rent and still have money left over. Do this a couple times, and you can make serious money.   Obviously, I don't know the specifics but this is just my viewpoint of RE in general. There could potentially be many downfalls."}
{"_id": "283066", "title": "", "text": "\"You are mixing issues here. And it's tough for members to answer without more detail, the current mortgage rate in your country, for one.  It's also interesting to parse out your question. \"\"I wish to safely invest money. Should I invest in real estate.\"\" But then the text offers that it's not an investment, it's a home to live in. This is where the trouble is. And it effectively creates 2 questions to address.  The real question - Buy vs Rent. I know you mentioned Euros. Fortunately, mortgages aren't going to be too different, lower/higher, and tax consequence, but all can be adjusted. The New York Times offered a beautiful infographing calculator Is It Better to Rent or Buy?  For those not interested in viewing it, they run the math, and the simple punchline is this - The home/rent ratio can have an incredibly wide range. I've read real estate blogs that say the rent should be 2% of the home value. That's a 4 to 1 home/rent (per year). A neighbor rented his higher end home, and the ratio was over 25 to 1. i.e. the rent for the year was about 4% the value of the home. It's this range that makes the choice less than obvious.  The second part of your question is how to stay safely invested if you fear your own currency will collapse. That quickly morphs into too speculative a question. Some will quickly say \"\"gold\"\" and others would point out that a stockpile of weapons, ammo, and food would be the best choice to survive that.\""}
{"_id": "283072", "title": "", "text": "\"This has even been covered in PBS documentaries. It must be nice to shape your world-view to think otherwise, but really, this is common knowledge. Never donated a penny to charity. Fought to even acknowledge the paternity of his daughter. Screwed the \"\"third\"\" guy from Apple out of what he owed. (I forget his name.) The list goes on.  I'm sorry you never got the memo, but you need to put the ipod down and actually try doing your own research, instead of trying to debunk mine without any proof. I have several articles, documentaries, and anecdotes on my side corroborating the fact that Jobs was an asshole. A simple google search will confirm this. What do you have?  Yeah. Your mouth. Anywhos, feel free to spiral away in your own ignorance.\""}
{"_id": "283074", "title": "", "text": "In answer to your last formulation, no. In a perfectly efficient market, different investors still have different risk tolerances (or utility functions). They're maximizing expected utility, not expected value.  The portfolios that maximize expected utility for different risk preferences are different, and thus generally have different expected values. (Look up mean-variance utility for a simple-ish example.)  Suppose you have log utility for money, u(x) = log(x), and your choice is to invest all of your money in either the risk-free bond or in the risky bond. In the risky bond, you have a positive probability of losing everything, achieving utility u(0) = -\\infty. Your expected utility after purchase of the risky bond is:  Pr(default)*u(default) + (1-Pr(default))*u(nominalValue).  Since u(default)= -\\infty, your expected utility is also negative infinity, and you would never make this investment. Instead you would purchase the risk-free bond.  But another person might have linear utility, u(x) = x, and he would be indifferent between the risk-free and risky bonds at the prices you mention above and might therefore purchase some. (In fact you probably would have bid up the price of the risk-free bond, so that the other investor strictly prefers the risky one.) So two different investors' portfolios will have different expected returns, in general, because of their different risk preferences. Risk-averse investors get lower expected value. This should be very intuitive from portfolio theory in general: stocks have higher expected returns, but more variance. Risk-tolerant people can accept more stocks and more variance, risk-averse people purchase less stocks and more bonds. The more general question about risk premia requires an equilibrium price analysis, which requires assumptions about the distribution of risk preferences among other things. Maybe John Cochrane's book would help with that---I don't know anything about financial economics. I would think that in the setup above, if you have positive quantities of these two investor types, the risk-free bond will become more expensive, so that the risky one offers a higher expected return. This is the general thing that happens in portfolio theory. Anyway. I'm not a financial economist or anything.  Here's a standard introduction to expected utility theory: http://web.stanford.edu/~jdlevin/Econ%20202/Uncertainty.pdf"}
{"_id": "283079", "title": "", "text": "\"I'm not sure what you mean by \"\"writing off your time,\"\" but to answer your questions: Remember that, essentially, you are a salaried employee of a corporation.  So if you are spending time at your job, even if you are not billing anything to a client, you are earning your salary. If there are costs involved with these activities (maybe class fees, a book purchase, or travel expenses), the corporation should be paying the costs as business expenses.  However, the logistics of this, whether the corporation writes a business check to the vendor directly, or you put the expenses on a personal credit card and are reimbursed with an expense check from the corporation, don't matter.  Your accountant can show you the right way to do this.\""}
{"_id": "283097", "title": "", "text": "&gt;it was only about ten years ago that a typical coke machine took coins and charged about 50 cents, a loaf of bread could be had for 35 cents at Aldi and gas was about $1.50 per gallon.  I'm pretty sure the bread and the Coke were more expensive than that.  I remember 10 years ago that a Coke cost a dollar.  Now it costs $1.25, or $1.50 if you're in an expensive location that likes to rip people off for convenience."}
{"_id": "283100", "title": "", "text": "\"The answer to this question will vary considerably by state and how utilities are regulated in your area. In New York, ESCOs (Energy Supply Companies) are almost always a ripoff for consumers versus the old-style regulated utility (in NY the utility supply markups are tightly regulated, but ESCOs are less regulated).  You also need to really understand the marketplace rules for \"\"locking in\"\" a price. If you can lock in the July price for natural gas for a year, that rocks. There are other factors as well. But even then its a real bet, since weather and supply factors can have a dramatic effect on gas prices in the winter. IMO, the best bet is to run with the market rates and bank the efficiency improvements that you build into your home over time. Some utilities offer \"\"budget plans\"\" that smooth out your payments without interest -- I'd recommend that route if predictable bills are your goal.\""}
{"_id": "283106", "title": "", "text": "\"You hit the nail on the head in the first paragraph ( the rest was good as well). Most data is garbage, but even a large amount of garbage data can tell you something. I wouldn't touch DRYS with a 9 million foot long poll, but if 9 million people said DRYS was a good buy (or said they were bullish on stock twits, or twitter). Id buy DRYS and sell it by the end of the day. People are stupid, there's no argument there, but if 9 million idiots are gonna be buying a shitty stock, I'm gonna join them, let the price get driven up based on nothing but hive mind idiocy, then drop it before they all realize they've been fooled by their own ignorance.   AMD has been hilarious. I've been holding AMD since 2013, any tech geek would know AMD was a great buy back then. Now all I see are posts about \"\"Why did AMD go up today?\"\" or \"\"Will AMD hit 100 dollars a share by the end of the year\"\" or something equally ludicrous. People don't want to read. They just want to spew nonsense and be spoon fed the information (by those who are spewing nonsense)\""}
{"_id": "283113", "title": "", "text": "It appears that this is the case.  From IRS Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans Qualified medical expenses are those incurred by the following persons. You and your spouse. All dependents you claim on your tax return. Any person you could have claimed as a dependent on your return except that: The person filed a joint return, The person had gross income of $3,700 or more, or You, or your spouse if filing jointly, could be claimed as a dependent on someone else's 2011 return."}
{"_id": "283121", "title": "", "text": "I think the problem with the pro living wagers on here is that they imagine that employers are in a position of privilege and that their money was given to them by benevolent employers who gave a shit about theri life conditions. This is almost never the case because business doesn't work like that."}
{"_id": "283124", "title": "", "text": "This group of mines are located in the catchment area of work Marmajito underground mine. They are operating the mines Naranjos, La Picuda and Las Brisas. The first two exploit the seam. Marmajito in its lateral extension and the third operates the hearts of the Grain C\u00f3rdoba. These mines are located in the hamlet Marmajito, south of town the municipality of Segovia. MINE COORDINATES EAST AND COORDINATES NORTH Los Naranjos931,183.641'273,730.24 630 550 La Picuda932,187.871'273,114.64 591 500 Las Brisas930,845.261'273,260.24 690 570 The areas granted by the company Frontino Gold Mines in their respective operation contract are: Los Naranjos: 9 Ha 1281.83 m2 The Picuda: 4 HA 7214.6 m2 Las Brisas: 4 Ha 629.46 m2 These areas are bounded by the following coordinates. COORDINATE POINT AND COORDINATE N 1931,173.711'273,700.46 2931,411.941'273,827.48 3931,422.511'274,039.10 4931,092.601'274,126.60 COORDINATE ECOORDINATE N 1932,051.431'273,191.47 2932,152.571'273,298.64 3932,404.371'273,110.56 4932,287.721'273,000.00 COORDINATE ECOORDINATE N 1930,607.241'273,363.31 2930,814.271'273,375.04 3930,869.351'273,219.11 4930,670.891'273,143.91 Marmajito sector mines have operating agreement in effect with the Frontino Gold Mines Company, with a duration of three months, renewable. The areas are well located with respect to farm work today, the Naranjos except mine, which is advancing on a crusade to C\u00f3rdoba intercepting the vein out of the area. The mine La Picuda has a fixed lower boundary which is already below the lowest level on the contract, are advances are also side that fall outside the allocated area."}
{"_id": "283141", "title": "", "text": "\"At this stage, I would think about education.  You can attend open houses, and often times real estate agents and bankers put on seminars for first time home buyers.  Borrow books from the library and I would watch some HGTV.  Many of the shows are entertaining and quite educational.   Secondly you may want to get your finances in order.  Make and stick to a budget.  Start building a down payment and emergency fund.  Pay down consumer debt/student loans.  Picking up side work or overtime will help.   You will look far more attractive to a lender if you go in with a large down payment and an emergency fund then someone with better credit scores and 100% financing.  That is if the lender does manual underwriting.  If not, then use a different lender. Once you get a budget figured out, how much of a down payment and emergency fund you need, and how much consumer debt to pay off, you can then predict when you will hit your goals.  Then you will know when you are ready to buy.  If it seems too far off, cut spending and work more if it is that important to you! You can make a prioritized list about what is most important features to you and your wife. I would wait on doing this until after you view some homes.  Open houses are a great way to do this, but be careful not to get \"\"house fever\"\" and rush into a decision.  You will get some encouragement to do so by the selling agents.   After viewing some homes, and developing your list you can get an idea as of what the home will cost.  This will further refine your budget, goals, and timeline.    I think that is a lot of work to start.\""}
{"_id": "283159", "title": "", "text": "First--and I'm only repeating what has been said already--roboadvisors are a great way to avoid paying high MERs and still not have to do much yourself. The Canadian Couch Potato method is great IF you are disciplined and spend the time every few months to regularly re-balance your portfolio. However, any savings you gain in low MERs is going to very likely be lost if you aren't re-balancing or if you aren't patient and disciplined in your investing. For that reason, the Couch Potato way isn't appropriate for 97% of the general population in my opinion. But if you are reading this, you probably already aren't a member of the general population. For myself, life seems always too busy and I've got a kid on the way. I see a huge value in using a robo-advisor (or alternatively Tangerine) and saving time in my day. The next question, which robo-advisor is best? I did a bunch of research here and my conclusion is that they are all fairly similar. My final three came down to Wealthbar/Wealthsimple/NestWeatlh. Price structures vary, but minus a few dollars here or there, there isn't a lot of difference in costs. What made WealthSimple stick out was that they provide some options for US citizens that help me prevent tax headaches. They also got back to me by email with really detailed answers when I had questions, which was really appreciated. Their site and monthly updates are minimalist and intuitive to navigate. Great user experience all around (I do web design myself). My gut feeling is that they have their act together and will stick around as a company for a long while."}
{"_id": "283162", "title": "", "text": "\"They are limiting your total investment in Notes to no more than 10% of your net worth. Step 1: determine your net worth Step 2: Divide this number by 10 The answer is the maximum amount you can put at risk through Lendingclub. The issue is that if you lose all the investment you will not be bankrupted. If it was the other way you could invest all your net worth in Lendingclub by splitting it among 10+ notes. Your net worth is  \"\"determined exclusive of the value of your home, home furnishings and   automobile.\"\" Which means don't include the house and the stuff in the house. That means your net worth is the money in the bank; plus the money invested in stocks, ETFs, and mutual funds; plus retirement accounts (401K, IRA); minus loans (student, credit cards).\""}
{"_id": "283168", "title": "", "text": "There are a few reason why share prices increase or decrease, the foremost is expectation of the investors that the company/economy will do well/not well, that is expectation of profit/intrinsic value growth over some time frame (1-4 qtrs.)there is also demand & supply mismatch over (usually) short time. If you really see, the actual 'value' of a company is it's net-worth (cash+asset+stock in trade+brand value+other intangibles+other incomes)/no of shares outstanding, which (in a way) is the book value, then all shares should trade at their book value, the actual number but it does not, the expectation of investors that a share would be purchased by another investor at a higher price because the outlook of the company over a long time is good."}
{"_id": "283187", "title": "", "text": "Sure, because lassiez-faire capitalism worked just fine in the 1890s, and it's working just fine now, and there are no problems with the system at all. I mean, it's not as if we've recently witnessed the destruction of a hundred trillion dollars of financial wealth. There's no reason at all to think the system is broken.  Also, you are way off base on my personal situation."}
{"_id": "283196", "title": "", "text": "Yes, as I mentioned in another comment my girlfriend has a Nook (which I bought her) and I had an older Sony e-reader my mom bought but never used.   I wasn't aware you could lend on the Kindle but i know the Nook has that function. It just seems so much easier to hand them a paper copy than to make sure your friend has the same e-reader as you and that they bought it from the same source as you. I guess it's good everyone and their mother has either a Kindle or a Nook  - it makes it much easier to share. But sharing a physical book is as easy as pointing to your shelves and saying 'find one you like.'   I'm not as avid a reader as I used to be, but I still buy about one book a week (most of them history related). I put them on my self and read through them, much slower now than I used to. In some books I'll make notes in the margins or put post its to save quotes I like. I know you can do something similar with the Kindles but it just seems so much better to do it in a book, you know? Maybe I'm a bit old school.   Plus, lighting a fire in the fire place, pouring a glass of scotch, and sitting in a huge high backed chair by the fire just doesn't feel as classy with an e-book, hahah."}
{"_id": "283202", "title": "", "text": "\"The fact that some asset (in this case corporate bonds) has positive correlation with some other asset (equity) doesn't mean buying both isn't a good idea.  Unless they are perfectly correlated, the best risk/reward portfolio will include both assets as they will sometimes move in opposite directions and cancel out each other's risk.  So yes, you should buy corporate bonds.  Short-term government bonds are essentially the risk-free asset.  You will want to include that as well if you are very risk averse, otherwise you may not.  Long-term government bonds may be default free but they are not risk free.  They will make money if interest rates fall and lose if interest rates rise.  Because of that risk, they also pay you a premium, albeit a small one, and should be in your portfolio. So yes, a passive portfolio (actually, any reasonable portfolio) should strive to reduce risk by diversifying into all assets that it reasonably can.  If you believe the capital asset pricing model, the weights on portfolio assets should correspond to market weights (more money in bonds than stocks).  Otherwise you will need to choose your weights.  Unfortunately we are not able to estimate the true expected returns of risky assets, so no one can really agree on what the true optimal weights should be.  That's why there are so many rules of thumb and so much disagreement on the subject.  But there is little or no disagreement on the fact that the optimal portfolio does include risky bonds including long-term treasuries. To answer your follow-up question about an \"\"anchor,\"\" if by that you mean a risk-free asset then the answer is not really.  Any risk-free asset is paying approximately zero right now.  Some assets with very little risk will earn a very little bit more than short term treasuries, but overall there's nowhere to hide--the time value of money is extremely low at short horizons.  You want expected returns, you must take risk.\""}
{"_id": "283209", "title": "", "text": "Meid\u00e4n nettisivumme: https://www.cashmoney.fi/vertailu/pikavippi-100-euroa/ Messinkinen lattiakaivon kansi markkinoilla paasin juttusille poliisien kanssa, sill\u00e4 aurinko kuitenkin pilkahteli aina lainapalveluita v\u00e4lill\u00e4. Kolmen saatat viikon takaisessa, menee aikaa kulutusluotot muissa hommissa, ja taiteiden osalta karelianismi oli suosiossa. Lainavertailustamme miehess\u00e4 pikavipin on aineista, joka meille ihmisille on annettu. Skitsofrenia aiheuttaa eri ihmisill\u00e4 erilaisia oireita ett\u00e4 sit\u00e4 mets\u00e4stet\u00e4\u00e4n talvehtimisalueilla aiempaa v\u00e4hemm\u00e4n. Lainatarjousta lapsetkin ovat innostuneet jumppaamaan isk\u00e4n kanssa broilerin rintafilee ohuina suikaleina."}
{"_id": "283237", "title": "", "text": "\"Reminds me of that very old commercial on TV where Abraham Lincoln is sitting in an employment office saying, \"\"I've done a lot of reading and studying, sort of on my own\"\".  The HR guy is sloppily eating a sandwich during this and with sandwich bits falling from his mouth he says, \"\"That's great, but you ain't goin' nowhere without that sheepskin pal.\"\"\""}
{"_id": "283243", "title": "", "text": "It is really sad in the US.  The government has not really set any meaningful standards to call yourself a college, and offer a degree (there is accredited, but it is a low bar).       So many colleges pump out useless degrees.   The poor students sucked into these institutions get a degree that is near worthless, and then move onto menial jobs they probably could have gotten without the college debt.        High end institution degrees are still enormous value.   But lower end colleges are not worth the money.   Far better paths to follow."}
{"_id": "283282", "title": "", "text": "(I don't know much. Wasn't educated much. So forgive anything stupid I say)   But why would anyone try to make it big then? The goal for a lot of people is to work like crazy so they can live a comfy life and so their kids won't have to work so hard in their lives or at least be taken care of."}
{"_id": "283294", "title": "", "text": "You got me wondering.  Initially, I read it as a fine, but it seems like that's the case anyway.  [The states are splitting it](http://newyork.cbslocal.com/2014/08/21/new-york-gets-800m-in-bank-of-america-settlement/).  Sadly enough, they're using some of the money to get the houses.  &gt;The bank has agreed to contribute at least $20 million in cash and property to local governments and nonprofits. Schneiderman\u2019s office said that contribution should allow the state to take over as many as 300 properties that were left vacant by their previous occupants once foreclosure proceedings began."}
{"_id": "283296", "title": "", "text": "1. This tape system needs a lot of preparation time. 2. Installation involves skilled labor from the manufacturer. 3. Once a Flange is sealed Maintenance cannot be done. - Biggest drawback. 4. Cannot be reused.  Read More - http://blog.indanasteel.com/2017/10/flange-and-valve-wrapping-tape-system.html"}
{"_id": "283312", "title": "", "text": "\"The thing is, there's no such thing as luck. It simply doesn't exist. Random chance exists, but that's entirely not the same thing.   What we call \"\"luck\"\" is merely the ability of being prepared for the time when something randomly good or bad happens to you. That's all. Nothing more, nothing less.  There's nothing \"\"deserving\"\" about people that are paid well for being lucky. They are paid well because people with a demonstrated ability to take advantage of random events are valuable.   Whether it's \"\"fair\"\" or not is beside the point. Indeed, there's no such thing as \"\"fair\"\", either, princess. Anyone that tells you otherwise is selling something.\""}
{"_id": "283374", "title": "", "text": "The W4 specifies withholding for income taxes, FICA taxes are not impacted. The tax withholding is do that you do not need to make estimated tax payments. Failing to make sufficient quarterly estimated tax payments or withholding a sufficient amount could result in you being hit with under payment penalties but nothing more. The under payment penalties will be figured out as part of you income tax return.  What you should have done when you discovered this was use the extra withholding line on the W4 to further increase your withholding. The nice thing about withholding is that you back load it and the IRS does not care.  The company has no liability here. It is your responsibility to update them when your personal circumstances change. You will be fully responsible for the tax bill.  There is no company paid portion of your income tax so they are not impacted. The company only pays an employer share of FICA and that is not impacted by how you fill out the W4. First thing to do is figure out how much you owe the IRS. Then determine if you can pay it or if you need to investigate an installment option. In any case make sure to file your return on time."}
{"_id": "283396", "title": "", "text": "Enrolled Agents typically specialize only in tax matters.  Their status allows them to represent clients before the IRS (which a CPA can also do) See the IRS site regarding Enrolled Agents Their focus is much narrower than a CPA and you would only hire them for advice or representation with tax related matters.  (e.g. you'd not hire an enrolled agent to do an external audit)  A CPA is a much broader certification, covering accounting in general, of which taxes are only a portion. A CPA may or may not specialize in tax matters, so if you have a tax related issue, especially an audit, review or appeal, you may want to query a prospective CPA as to their experience with tax matters and representing clients, appeals, etc. You would likely be better off with an EA than a CPA who eschews tax work and specializes in other things such as financial auditsOn the other hand if you have need of advice that is more generalized to accounting, audits, etc then you'd want to talk with a CPA as opposed to an EA"}
{"_id": "283418", "title": "", "text": "Go away.  &gt; Ironic, coming from the person who didn't answer my long comment about credit card processing once I mentioned I work in the industry and put a lot of information..  Ironic that I tell you that you are out of your element in one area, just because you work in something completely unrelated?  Yes, I've heard of this definition of ironic. It's very ironic.  Something else that is ironic is that I don't sit on reddit all day and have time to answer every long thoughtful comment without taking time to read it.  Actually yes, that is ironic. You answered my comment without reading the words or understanding the topic at all, and are now criticising me for not yet fully reading your longer (presumably not idiotic like the ones above in this tree) message, but instead **want** me to do like you do: Not read, just reply like an idiot."}
{"_id": "283421", "title": "", "text": "&gt;Well, reserve requirements concern, as the name suggests, the reserves, e.g. a position on the balance sheet.  Yes, the book value of equity is not affected. However, when the market value experiences a steep decline, you find those that hold deposits begin moving them out of the bank. Investment fear and business fear tend to move together with financial institutions. That directly impacts the reserve requirements.  &gt;but sharp price drops in fact can help you to raise equity, simply because your ratios improved (P/E, P/B, in fact any ratio that includes the price part) and the stock became cheaper  Not when there is bankruptcy or solvency issues that become present. Obviously an investor wants to buy low and sell high, but if there is a substantial risk of bankruptcy, the common stockholder will demand a premium unattainable by most non-growth firms (i.e. biotech, tech, etc.).  That is the issue with France. Liquidity issues stem from systemic risk, but those French banks also possess significant firm risk due to their exposure to sovereign debt. Once those banks mark all of their holdings to market, they will realize substantial losses. BNP recently recorded a nearly $1B write-down."}
{"_id": "283431", "title": "", "text": "\"The _only_ commercials that work on me are fast food ones.  And usually only when I'm sitting on the couch thinking, \"\"I'm hungry.  I don't want to make something.\"\" and even then, it's a crap-shoot.    The idea fast-food commercial for me would be a side-scrolling list of menu items with names underneath the name of the place to eat.  So I could go \"\"Ooh!  Jack in the Box tacos!\"\" (not that I ever would..)  I don't give two shits about \"\"funny\"\" or \"\"edgy\"\" commercials, etc.\""}
{"_id": "283459", "title": "", "text": "\"Please declare everything you earn in India as well as the total amount of assets (it's called FBAR). The penalties for not declaring is jail time no matter how small the amount (and lots of ordinary people every 2-3 years are regularly sent to jail for not declaring such income). It's taken very seriously by the IRS - and any Indian bank who has an office in the US or does business here, can be asked by IRS to provide any bank account details for you. You will get deductions for taxes already paid to a foreign country due to double taxation, so there won't be any additional taxes because income taxes in US are on par or even lower than that in India. Using tricks (like transferring ownership to your brother) may not be worth it. Note: you pay taxes only when you realize gains anyway - both in India or here, so why do you want to take such hassles.  If you transfer to your brother, it will be taxed only until you hold them. Make sure you have exact dates of gains between the date you came to US and the date you \"\"gifted\"\" to your brother. As long as you clearly document that the stocks transferred to your brother was a gift and you have no more claims on them, it should be ok, but best to consult a CPA in the US. If you have claims on them, example agreement that you will repurchase them, then you will still continue to pay taxes. If you sell your real estate investments in India, you have to pay tax on the gains in the US (and you need proof of the original buying cost and your sale). If you have paid taxes on the real estate gains in India, then you can get deduction due to double tax avoidance treaty. No issues in bringing over the capital from India to US.\""}
{"_id": "283473", "title": "", "text": "The general idea is that if the statement wasn't true there would be an arbitrage opportunity.  You'll probably want to do the math yourself to believe me.  But theoretically you could borrow money in country A at their real interest rate, exchange it, then invest the money in the other country at Country B's interest rate.  Generating a profit without any risk.  There are a lot of assumptions that go along with the statement (like borrowing and lending have the same costs, but I'm sure that is assumed wherever you read that statement.)"}
{"_id": "283478", "title": "", "text": ".  Our pre-engineered steel warehouse building kit comes with insulation and is easy to install. We only use high quality steel to manufacture prefab buildings that are long lasting. To create the designs and architectural structure you want, we can also incorporate any kind of construction materials necessary to meet your requirements."}
{"_id": "283480", "title": "", "text": "\"The real estate agent industry is a cartel.  They seek to keep fees high even as their services are becoming less and less necessary.  To that end, traditional seller's agents will laugh at your attempt to negotiate their fee.  They can do this quite simply because the industry is designed so the vast majority of people think of buyer's agents as \"\"free\"\" even when they are anything but free. That being said, the only way to do what you're trying to do is to find a buyer's agent who will rebate to you a portion of the commission they receive.  It is extremely extremely unlikely you'll get a seller's agent to play ball especially once they know you're interested.  You can check out redfin which connects people to RE agents that rebate commissions but the buyer's cut isn't that high.  Your best bet, IMO, is to contact agents in your area before you go shopping to see what kind of rebate you can negotiate with them. A word of caution, if you look at a house without your own agent, instead asking the seller's agent to show the house they will claim procuring clause and you'll be sunk.  In other words, once they claim procuring clause, you can't, later, go back and get a discount broker to get the commission to rebate to you.\""}
{"_id": "283490", "title": "", "text": "\"I can't think of any conceivable circumstance in which the banker's advice would be true. (edit: Actually, yes I can, but things haven't worked that way since 1899 so his information is a little stale. Credit bureaus got their start by only reporting information about bad debtors.) The bureaus only store on your file what gets reported to them by the institution who extended you the credit. This reporting tends to happen at 30, 60 or 90-day intervals, depending on the contract the bureau has with that institution. All credit accounts are \"\"real\"\" from the day you open them. I suspect the banker might be under the misguided impression the account doesn't show up on your report (become \"\"real\"\") until you miss a payment, which forces the institution to report it, but this is incorrect-- the institution won't report it until the 30-day mark at the earliest, whether or not you miss a payment or pay it in full. The cynic in me suspects this banker might give customers such advice to sabotage their credit so he can sell them higher-interest loans. UDAAP laws were created for a reason.\""}
{"_id": "283494", "title": "", "text": "We provide complete legal counsel in Real estate, VISA and much more,  including representation before administrative and judicial labor authorities. Obtention of work permits for foreigners, legal representation during labor conflicts. The real estate closing process centers around and depends upon the closing agent, the seller and buyer should strive to obtain the best qualified, most experienced, most efficient, and most trustworthy agent that they can obtain."}
{"_id": "283505", "title": "", "text": "If your net profit is $0, then no, you will not owe income tax as a result of providing this service. But there's a lot more to consider than just that... Before you begin you'll need to decide if this is a business or a hobby. Based on the fact that you don't intend to make a profit, you are probably going to be calling it a hobby for tax purposes. Regardless of whether it is a business or a hobby, since you will be accepting payments from people, you will need to report the income on your tax return. As both a business and a hobby you can deduct all of your expenses to bring your profit down to $0. (Assuming all the expenses are legitimate business/hobby expenses.) The main differences between business and hobby are: If you choose to run as a business you'll likely save quite a bit of money by avoiding the 2% rule, and also by being able to deduct any non-specific-customer expenses and take a loss. Be careful though that you don't go too many years with a business loss or the IRS may re-classify it as a hobby, which may include an audit. If you decide to run as a business you may need to charge a little more than just expenses to attempt to turn a profit, or at least break even."}
{"_id": "283511", "title": "", "text": "I'm fairly intelligent, and I'm willing to work my ass off. But I only have a high school degree and no real marketable skills. I don't drink or get high, I'm not even looking to become wealthy as I'm not very materialistic, I just want to earn enough to pay for the basics, save up, and room to grow in case I ever want a family"}
{"_id": "283518", "title": "", "text": "#Locksmithservices are associated with security systems. You do not need the #servicesofalocksmith every day. You only require their help if you are moving into a new house or office property and you need to change the entire lock system of the property to enhance the security to its optimum level. http://www.yourlocksmith247.co.uk/24-hour-locksmiths-services.html"}
{"_id": "283526", "title": "", "text": "\"&gt;So far, politicians in Europe have held 19 high-level emergency meetings in an attempt to solve this crisis.  &gt;All of their efforts have failed.  &gt;Right now, this is the situation in Europe....  &gt;-Most EU governments are drowning in toxic levels of debt  This mess has been caused by the idea of allowing some people to live at the expense of others. All of it - from the millions of cushy, make-work government \"\"jobs\"\", to the rest of the welfare state, has been caused by the political left.\""}
{"_id": "283530", "title": "", "text": "When I was a contractor I prioritize this way. 6 months salary nest egg while contributing to tax deferred retirement then after that you can pre pay your mortgage.  Remember you can't skip a month even if you prepay.  So once you pay that extra to your mortgage you lose that flexibility."}
{"_id": "283539", "title": "", "text": "##Owsley County, Kentucky Owsley County is a county located in the Eastern Coalfield region of the U.S. state of Kentucky. As of the 2010 census, the population was 4,755, making it the second-least populous county in Kentucky. The county seat is Booneville. The county was organized on January 23, 1843 from Clay, Estill, and Breathitt counties and named for William Owsley (1782\u20131862), the judge of the Kentucky Court of Appeals and Governor of Kentucky (1844\u201348).  ***  ##Wilcox County, Alabama Wilcox County is a county of the U.S. state of Alabama. As of the 2010 census, the population was 11,670. Its county seat is Camden.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"_id": "283546", "title": "", "text": "\"&gt;*Higher taxes aren't generally a path to economic growth and job creation. Higher cigarette taxes, however, are increasingly boosting at least one sector of the economy, organized crime.*  &gt;*'Smuggled cigarettes have become the new currency of organized crime, and a lot of these criminal organizations are finding that it\u2019s more profitable than illegal narcotics,' Rich Marianos, the retired Assistant Director of the Bureau of Alcohol, Tobacco and Firearms,recently noted.*  &gt;*Marianos said that black market tobacco smuggling has become \"\"a high-profit, low-risk criminal enterprise. Compared to drug offenses where there\u2019s a mandatory minimum sentence, there\u2019s no penalties out there for the cigarette trafficker.\"\"*  &gt;*'They\u2019re being sold in the bodegas, in the convenience stores, they\u2019re being sold on the street, they\u2019re being sold in the housing projects,\u201d Marianos said, \u201cby street gangs like the Latin Kings, terrorist organizations, the Russian Mafia.'\"\"*  &gt;*Politicians love raising tobacco taxes. With the number of smokers continuing to fall, fewer voters feel the pain of the higher taxes directly. Last year, three states raised their cigarette taxes, even though the states were enjoying higher tax revenue.*  &gt;*The political addiction to higher cigarette taxes is creating a boon for organized crime. Last month, the Tax Foundation, in testimony before the US Senate, noted that over 56% of the cigarettes sold in New York State were smuggled in from other states. New York has the highest tax on cigarettes in the country.*   Cross-post from /r/MAConservative\""}
{"_id": "283566", "title": "", "text": "\"There are hidden costs to using rewards cards for everything. The credit card company charges fees to the merchant every time you make a purchase.  These fees are a small amount per transaction, plus a portion of the transaction amount.  These fees are higher for rewards cards.  (For example, the fees might be 35 cents for a PIN-transaction on a debit card, or 35 cents plus 2 percent for an ordinary credit card or signature transaction on a debit card, or 35 cents plus 3.5 percent on a rewards card.) After considering all of their expenses, merchant profit margins are often quite small.  To make the same amount of profit by serving a rewards-card customer as a cash customer, the merchant needs to sell higher profit-margin items and/or more items to the rewards-card customer. People who \"\"pay with plastic\"\" tend to spend more than people who \"\"pay with cash\"\".  If you pay with a rewards card, will you spend even more?\""}
{"_id": "283580", "title": "", "text": "Wow. That's quite possibly the most ignorant thing I've ever read.   So that confirms that you don't know anyone who follows that religion. You know, you could learn a lot if you turned off Fox News for a few minutes and spoke to someone who looks or worships differently than you. The internet could be a great tool if you did something other than read about things that confirm your (incorrect) assumptions about other people.   For the entirety of our country, there have been people on the wrong side of history. People who were pro slavery, people who were pro segregation. You, my friend, are going to find out one day that you were the asshole spraying the fire hose. Pardon my bluntness, but you're a real piece of shit."}
{"_id": "283607", "title": "", "text": "&gt; Right now caps are at something like 100-250GB, which seems like a lot. But imagine you replace your entire cable consumption with online consumption. Plus add in any other internet activity like games and downloads, 250GB may be a bit closer than you think.  I have. Last month I downloaded 122 gigabytes, and uploaded 12 gigabytes. The _most_ I've ever managed to do in a month was 260 gigs down. I twas during one of Steams ludicrous sales, combined with me downloading a bunch of other, unrelated, things. I average about 180 gigs down a month. That includes running a remote desktop connection to my machine at home 40 hours a week, online gaming 10 or so hours a week, and near constant media streaming from Netflix, Amazon, and Pandora. Sure, its not exactly blue ray quality, but I don't _have_ a blue ray player anyway. As long as it doesn't look like it was shot on a 1980's camcorder, I don't really care that I can't make out the pores on the actors face.   Too, comcast recently increased the cap. Granted, its just from 250 to 300, and mostly just a publicity stunt, but still it went up, not down."}
{"_id": "283615", "title": "", "text": "What you say is definitely true, but sadly it\u2019s also true for literally every corporate job.  Generally, you don\u2019t need a ton of decision makers in any business (and in fact too many is usually a problem and why big firms (IBM, Microsoft, etc) react so slowly), so why not put the guys who have been in the trenches and know the business in and out at the top?"}
{"_id": "283629", "title": "", "text": "You know what?  The failure of ANY technological system is ALWAYS the fault of humans.  You know what a smart network designer does?  He puts systems that may be vulnerable completely out of the reach of people who can fuck them up.  Iran fucked up.  Don't try to apply that logic universally.  Your argument rests on assumptions, and you don't know what you're talking about.  What's your IT background, by the way?"}
{"_id": "283630", "title": "", "text": "Lack of demand???  There is no such thing as a lack of demand.  People will always demand stuff they want and need.  If you're saying people are lacking demand of the goods and services that have been overly inflated and misallocated then yes I agree and therefore this lack of demand is the right medicine to signal to the market that we need to reallocate supply and production to create products/services that people want and can afford to buy.  More stimulus and propping up failed industries/services will only mean that we will just continue the failed path that brought us here in the first place."}
{"_id": "283635", "title": "", "text": "By not saving some of your income you put yourself at risk of the following: If you are comfortable taking on those risks, then continue what you are doing (I'm not being sarcastic here...some people are perfectly comfortable taking on these risks).  I plan on working until I die so I am not as concerned with saving for retirement but I do save some money for temporary job loss situations. Saving money presents its own set of issues (e.g. Where should I put the money?, Should I invest the money?, What type of investments?).  If you have no interest in researching answers to these type of questions then I would suggest what others have already suggested: have part of your paycheck automatically siphoned into an account that can only be accessed by a trusted family member."}
{"_id": "283648", "title": "", "text": "DynaTimber is a 100% Australian-owned manufacturer and wholesaler of innovative timber fencing and landscaping products. We are the vital part in the supply chain: transforming sustainable and renewable plantation timber into affordable, durable outdoor products. Through our network of re-sellers, our products are widely available throughout Queensland and northern New South Wales."}
{"_id": "283657", "title": "", "text": "\"I have the same problem. The people above are right to an extent. You have to be more disciplined. But there is no reason why you can't get there in stages. If you try to do too much too fast you'll just give up. You need to find a system that removes some of the passive barriers affecting you.  You need to think what in particular is overwhelming you. For me it was sitting down at the end of the month to write it all down. Writing it all down at the end of the week or even each day didn't work either because it was too much and I had forgotten what stuff was. I'm like you.  The bank account is a record so why do I have to retype it or worse, hand write it out? Bleh. What I ended up doing was divide my expenses into four categories: food (to include all medical) shelter, transportation, spending -- with the first three being needs and the last being wants.  Eating out is spending. I have four checking accounts with four debit cards. I saved up some money. I put a paycheck's worth of money in each because I didn't know how much I spent each month in each category, but knew I didn't spend an entire paycheck in any one category per month. Voila.  No more work. At the store you just put things in the basket by category. At Target you pay for the food and toothpaste with the medical card and the DVD with the spending card. The cashiers don't care that you pay separately. And if you are buying so much crap that separating items by category is a problem, why the heck are you buying so much crap? At the end of the month you will now have a record of how much you spend on transportation, housing (electricity would be paid online from this account for example), medical and fun. That's all anyone needs to help you get started. You can then see if your housing is 35% or less (or whatever percentage you feel is right). The person trying to help the author above is right. A Target charge doesn't indicate whether you bought some oil for the car or cold medicine or a lock for the cabinet door that broke. But when you pay for each of these things under the right account, you do know how the money is allocated.  Doing it this way requires little discipline. Before you put the item in the basket, you just ask yourself, is this a want or a need (which is something you should be doing anyway). If it's a need, is it for my car, house, or body. The house is what I use if i can't figure it out (like paying for the renewal of my professional license).  that's it! You have to stand at the register for longer but so what.  If you are spending all your salary and you stop when you have no more money (assuming you've run through all of your savings, which you will soon if you don't change), then you have no more money to spend. So if you are honest when you put things in the basket(need vs want), you are going to run out of spending money real quick. Your spending money account will be empty but you will still have food money. Set your debit card up so that it denies your charge if you dont have enough money.  Once you realize how much you truly spend for needs in each category, yoy will only put that much in each account. Therefore, You can't use the house card to just \"\"borrow\"\" from it till next month. If you do, you won't be able to pay your bills. If you have so little discipline that you knowingly spend your bill money, then there is a deeper issue going on than just finding the right budgeting/cash flow system for you.  Something is seriously wrong and you need to seek professional help. When someone is trying to help you, the first step is to determine what category you are spending too much in. Then when you realize it's the house category, for example, you will need to figure out why you are spending so much in that category. A bank statement wont tell you that. So you can do what we did. On every receipt --before you walk out of the store-- write down what each purchase is on the receipt. Then you can hand over the receipts to whoever is helping you.  Most items are easily recognizable on the receipt so you wont have to write everything down.  you should be doing this for insurance purposes anyway.   Again, if your receipt is so blooming long that this is onerous, probably everything you just spent is not a need and maybe you need to turn right around and return stuff. Maybe you need to go to the store more often so there are only a few purchases on each receipt. Groceries are groceries.  You don't need to detail that out. For Ikea when you have to purchase pieces to a set, we get a separate receipts for each.  So the brackets and shelving for the bedroom will be on one receipt and the brackets and shelving for the other room will be on another receipt. Even at the store I cant figure out what all the little pieces are! But really, if you are making a decent enough salary, then you are probably spending too much on wants and are calling the items needs.  So really your problem is correctly identifying needs from wants. Define a NEED. YOU. Make up your own definition of need Dwell on it.  Let it become meaningful for you.  Oranges are a need. Chocolate is not (no, really it's not! Lol!).  So when you are putting the stuff in the basket, you dont even have to think about whether it's a need or not after a while.  Wants go in the child seat if at all possible (to keep the number of items smaller).  When you are ready to check out, add up the items roughly in the want pile. Ask yourself if you really want all that stuff. Then put some stuff back! At this point ask yourself is the 8 hours I will have to work to pay for this worth it? Am I really going to use it? Will using the item make me happy? Or is it the actual buying of the item that makes me feel powerful? Where will I put it? How much time will I need to maintain it? Then put some stuff back! Get some good goals, a kayaking trip or whatever. Ask yourself if the item is worth delaying the trip. How will I feel later? Will I have buyers remorse? If so, put it back! These are controls you can put into place that don't take a lot of discipline. Writing the items down on the receipt is a more advanced step you can take later.  If you are with friends, go first so that you can write down the items while they are checking out. If you are private and don't want to share your method with your friends, go to the bathroom and in the stall write it down while they wait. Writing the items on the receipt while in the store is sort of a trigger mechanism for remembering to do so.  That pulling out of the card triggers your memory to get out your pen or ask the cashier for one. The side benefit is catching someone using a cloned copy of your card.  In the medical account if you see an Exxon charge, you know it's not yours.  Also, while that one account is shut down, you have three others to rely on in the meantime.  My spouse hated fumbling for the right card. They all look the same. Color code your cards. We have blue cross blue shield so it feels natural to have the food/medical account with a blue sticker (just buy a little circle sticker and place it on the edge so half is on the front and half is on the back -- nowhere near the strip). I've never been given a hard time about it. Our car is red so the car card is red, etc.  If you think four cards is a lot to carry, ask yourself if you would rather carry four cards or keep track of every little thing?  Good luck. I know you will find a system that works for you if you keep trying.\""}
{"_id": "283661", "title": "", "text": "In many cases, you can be temporarily out of pocket by significant amounts.  Even if you then get the money back, there may be difficulties or consequential costs that aren't covered. For example your card gets cloned and maxxed out while travelling, leaving you without your most effective means to pay for necessities.  You're left paying over the odds to withdraw cash on your debit card (if you can even get enough out at a time e.g. India at the moment) or you have to get money wired to you. At the same time you can't really protect your card number.  You can't even keep your card in sight in some places, never mind protect against the card number being displayed/recorded locally by the card machine."}
{"_id": "283670", "title": "", "text": "in my experience, it's kind of how things are done in China, at least at the consumer level and probably a few steps above. For the most part it works surprisingly well, it's kinda like the street food vendors: even if they don't have as many health codes, it's really not in their best interest to make everyone sick. Same goes for doing business."}
{"_id": "283680", "title": "", "text": "\"Sorry dude, my company is profitable and people come knocking trying to buy a piece of it. But I believe in \"\"neither a borrower nor a lender be\"\" - except that when you take venture capital, you can't just pay it back. Instead, you have people who don't care at best, and meddle and fire you from your own company at worst.\""}
{"_id": "283692", "title": "", "text": "You have three options. If you follow the procedures outlined by the IRA trustee there should not be any problems. There will not be any taxes involved, unless as part of the process you change non-Roth funds  to Roth funds, or you don't follow the procedures. In my experience the IRA companies know how to handle the transfer. In some cases the check must be sent to you, and then you send it to the IRA company, but they will tell you exactly how the check is to be made out to. I would start by talking to the IRA trustee they are likely to have seen it all, and can guide you through the process."}
{"_id": "283697", "title": "", "text": "Obama hasn't done anything to affect the economy. Not a thing. He came into a shitty economy and left it that way for nearly four long years. I don't blame the whole thing on him, but I want to see his incompetent ass out of the White House yesterday."}
{"_id": "283698", "title": "", "text": "Typically there are several parties involved: (Sometimes one company plays multiple roles; for example AmEx is a network and an issuer.) When a merchant charges a card and the issuer approves it, money is transferred from the issuer to the acquirer to the merchant. This settlement process takes some time, but generally is completed within a day. Of course, most cardholders pay on a monthly basis. The issuer must use their own funds in the mean time. If the cardholder defaults, the issuer takes the loss."}
{"_id": "283700", "title": "", "text": "Insurance only works if there is a court system, and police, to enforce the insurance contract. So you're still dependent on a government.  Even with our court system, insurance companies regularly defraud their customers and refuse to pay legitimate claims. I would not have any more trust in an insurance company than a government police force.  Large institutions are rarely perfect and have many problems, regardless of whether they are private or government."}
{"_id": "283713", "title": "", "text": "So now you don't believe that any bottled spring water actually comes from a spring?  They don't just scoop it out of a pool.  They build a processing tap at a point underground but it has to be tapped from a water source which would naturally flow to the surface  http://www.absopure.com/blog/absopure-unfiltered/difference-between-spring-water-and-purified-water/"}
{"_id": "283733", "title": "", "text": "Value investing is an investment approach that relies on buying securities below their intrinsic values. There are two main concepts; one is the Intrinsic Value and the other is Margin of Safety.  Intrinsic value is the value of the underlying business - if we are talking about stocks - that can be calculated through carefully analyzing the business looking at all aspects of it. If there is an intrinsic value exists for a company then there is a price tag we can put on its shares as well. Value investing is looking to buy shares well below its intrinsic value.  It is important to know that there is no correct intrinsic value exists for a company and two people can come up with different figures, if they were presented the same data. Calculating the intrinsic value for a business is the hardest part of value investing.  Margin of Safety is the difference between the buying price of a stock and its intrinsic value. Value investors are insisting on buying stocks well below their intrinsic value, where the margin of safety is 20%-30% or even more. This concepts is protecting them from poor decisions and market downturns. It is also providing a room for error, when calculating the intrinsic value.  The approach was introduced by Benjamin Graham and David Dodd in a book called Security Analysis in 1934. Other famous investor using this approach is Warren Buffet Books to read:  I would start to read the first two book first."}
{"_id": "283736", "title": "", "text": "\"3 reasons I can think of: I once worked for a bank and when credit scoring for loans, if you had been approved by different institutions, you were given a better score. So if you held a Visa and Mastercard (as opposed to two Visa cards) your credit score would go higher. More than 6 cards though looked suspicious and your score would take a big hit. Having more than card has helped me when getting special offers multiple times from some websites where it was limited to \"\"one per customer\"\" though most just used your address or email account. If you owed $1000 in total which you can't pay off in one go, it is better to have that split across two cards. You would be paying interest on $500 on each card but when you have one card paid off, the interest you would be paying on the other would be based on the original debt to that one card of $500 (not $1000). I hope that makes sense.\""}
{"_id": "283744", "title": "", "text": "\"&gt;One, I'm married.  lol sure  &gt;Two, I'm considered fairly wealthy  Paying your mom 165$/month for the basement isn't \"\"considered wealthy\"\"  In any case keep sinking your money into the internet hilarity machine.  All the rest of us are having a hoot!\""}
{"_id": "283762", "title": "", "text": "\"&gt;&gt;Did he ACT to make it so [cave in to drug companies]? Maybe, as usual, he's playing business chess...  &gt;That argument cuts both ways. Maybe this is part of his master plan to get  So with all those \"\"maybe\"\"(s), and since Trump did not Act on the subject, for God sake, why is that the FIRST thing you could say against Trump?  &gt;&gt; President Trump is not against any method or measure to reduce pollution or emission.  &gt;Global warming is a serious risk to this country.  Absolutely not!  Boy I wish you lived 10,000 years ago at the end of the Ice Age. You would be screaming \"\"End of the world!!!! The world is warming up to the point of no return!\"\".  The Earth will do extremely well with slightly high temperatures, like it did many times in the past. It's just \"\"nice\"\" to have the same weather patterns every year, but that never ever happened on earth.  Scare tactics work on you, but not on me. Most scare tactics are for pure political reasons.  And here, as an example, you really really really believe that Trump has anything to do with global warming or against addressing it.  **So, please, tell me one substantial reason why you are against Trump?**  Also, let's go the other way: do you really think that if Hillary was in charge it would be better? I'd like to hear your answer to this one.\""}
{"_id": "283772", "title": "", "text": "Yeah I guess those prices are ok, though we will get a heavier tobacco tax next year. The beer is cheap in supermarkets, but I have to add this is just your regular dutch beer brands (Heineken, Amstel, Hertog Jan, etc.) with 24 33CL bottles. In a cheap bar you pay around $3.50-4.50 for those brands though (not to mention clubs with sometimes prices of $15+ for a beer)."}
{"_id": "283774", "title": "", "text": "There aren't and for a good reason. The long term trend of INR against USD, GBP, EUR and other harder currencies is down. Given the inflation differential between these economies and India's, fund managers and investors should expect this to continue. Therefore, if you are invested for any reasonable length of time, you would expect the forex movements to add to your returns. Historically, this has been true of international funds run in India."}
{"_id": "283782", "title": "", "text": "The most obvious example would be a situation where a Company is growth constrained, but cash flow positive. It may have enough cash flow to service $10 million of debt, but it needs to build a new facility that will cost $20 million. There is the option to raise debt and equity or just raise equity and move quicker to getting that facility up and running.   There are also situations where debt is used to replace equity (i.e. dividend recapitalization or leveraged share redemption)."}
{"_id": "283795", "title": "", "text": "Insurance is mostly for covering against catastrophic events, it's not something that must be helpful to you every day. Sounds like you health is okay and you don't mind paying some cash in case of minor events. You could try to find a policy where coverage kicks in only once an incident is big enough (high deductible) - in such cases you payments will be significantly lower because you'll be unable to apply with minor incidents and that saves money to the insurance company and you're still covered against catastrophic events."}
{"_id": "283825", "title": "", "text": "\"The key is to say something like \"\"after looking around, I think my salary is well below market value, and think I deserve a raise for the good work I've done X, Y, and Z\"\"  Since they've just hired someone like you, they know the market value is indeed higher, and you don't need to resort to \"\"But HE gets XXX! Me too!\"\"\""}
{"_id": "283836", "title": "", "text": "\"I agree to some degree, but I've gotten very jaded over the past 25 years. You could have the best boss in the world, be working on a fantastic project, have a solid career path, and they'll still throw you out like yesterday's trash if anyone says \"\"recession\"\"  So my philosophy is more tactical (month to month) than strategic (build a career). And it's rooted in this:  &gt;I believe in a fair days pay for a fair days work  Except that I've come to believe in a fair hour's pay for a fair hour's work, because on salary it seems that a \"\"fair day's work\"\" is never less than eight hours but frequently more. Put in twelve hours on a project in crunch time? Here's your standard eight hours pay. Work Saturday on something that saves the company fifteen million dollars? Here are two vouchers for dinner at the Outback Steakhouse and we'll see you Monday morning.\""}
{"_id": "283851", "title": "", "text": "\"From Wikipedia A frontier market is a type of developing country which is more developed than the least developing countries, but too small to be generally considered an emerging market. The term is an economic term which was coined by International Finance Corporation\u2019s Farida Khambata in 1992. The term is commonly used to describe the equity markets of the smaller and less accessible, but still \"\"investable\"\", countries of the developing world. The frontier, or pre-emerging equity markets are typically pursued by investors seeking high, long-run return potential as well as low correlations with other markets. Some frontier market countries were emerging markets in the past, but have regressed to frontier status. Investopedia has a good comparison on Emerging Vs Frontier While frontier market investments certainly come with some substantial risks, they also may post the kind of returns that emerging markets did during the 1990s and early 2000s. The frontier market contains anywhere from one-fifth to one-third of the world\u2019s population and includes several exponentially growing economies. The other Question    and are they a good option as well? This depends on risk appetite and your current investment profile. If you have already invested in domestic markets with a well diversified portfolio and have also invested in emerging markets, you can then think of expanding your portfolio into these.\""}
{"_id": "283862", "title": "", "text": "If you are very sure, say 90%, that you'll pay the zero percent card off before paying interest, that would be my choice. Less certainty than that, I think the 6.8% over a longer term is less of a cash flow issue, and you can still pay it in full upon getting the job bonus."}
{"_id": "283863", "title": "", "text": "AC adapter converts the AC power from a wall outlet in most homes to the DC power using smaller appliances. The electronic devices like cell phones, computers, and DVD devices also use DC power. If the owner is sitting at a mobile distance then this kind of power is provided by batteries."}
{"_id": "283867", "title": "", "text": "&gt; Sure, you don't agree, don't know why don't agree, can't explain why you don't agree... because you like to disagree for the purpose of disagreeing.  &gt; What don't you disagree with?  &gt; Susan is no good?  &gt; Got her job in a corrupt way?  &gt; her degrees show she was not born interested in security (except for fat pay checks)?  &gt; people with IT degrees are more a match, suitable and qualified for security jobs, especially when they have specific on-hand experience?  &gt; HR does not care about employees?  &gt; real experts have to fight HR and terrible management... and usually lose because of this whole corrupt setup?"}
{"_id": "283889", "title": "", "text": "\"From my days in e-commerce they break down like this? The company doesn't know a debit from a credit card.  Got the Visa logo, then it is a Visa through the company's payment gateway.  The gateway talks to the bank and that is where the particulars for money is figured out. When I programmed gateway interfaces, I had the option to \"\"authorize\"\" or check for funds (which didn't reserve anything, just verified funds existed), run for batch (which put a hold on the funds and collected them at the end of the night) or just take the money. Most places did a verify during the early checkout stages and then did a batch at the end of the night.  The nightly batch allows a merchant to cancel a transaction without getting charged a fee. The \"\"authorize\"\" doesn't mean the money is tied up, although that might be your banks policy.  Furthermore, an authorize can only last for so many days.  This also explains why most of your banks don't report your transactions to you the day of.  There is a bunch more activity on your card than the transactions that complete.\""}
{"_id": "283893", "title": "", "text": "If this is the case, then shouldn't the difference between their annualized returns be same year on year? In general yes, however there difference has a compounding effect. i.e. if the difference if 5% first year, this money is invested and it would generate more of the said returns. However in reality as the corpus size of direct funds is very small, there difference is not very significant as other factors come into play."}
{"_id": "283913", "title": "", "text": "Id rather have the govt print the money, as stated by the constitution, than private interests in other countries dictate our money system.  u know, DEBT FREE govt issued Notes.    if u fear govt politicians messing up by creating inflation to get votes, then that's the least of your problem and can be creatively solved.  Why not have a life term politician, coming from a successful private business background, be in charge?  a politician that can be voted off the position if he's not doing a good job.  hmm sounds a lot like a chariman of the fed, yet is elected by the congress.   Look at China's central bank, you think the CPC gonna let some private western banker dictate their monetary policy?  last i check the Yuan is undervalued.   there are many creative ways to go around this problem.   I'm not ignorant, you're just lazy."}
{"_id": "283917", "title": "", "text": "Its not a scam.  The car dealership does not care how you pay for the car, just that you pay.  If you come to them for a loan they will try and service you.  If you come with cash, they will sell you a car and not try to talk you into financing.  If you come with a check from another bank, they will happily accept it. I would try to work with Equifax or a local credit union to figure out what is going on.  Somehow she probably had her credit frozen. Here are some really good things to mitigate this situation: Oh and make sure you do #1 and forget about financing cars ever again.  I mean if you want to build wealth."}
{"_id": "283923", "title": "", "text": "There is a system in place called parenthood. However, many of the problems in the USA are because of lack of good parents assuming they are even around.  I went to a juvenile detention center to attend one of their lectures, and one thing they expounded was the disproportionate number of kids in there who either don't have at least one parent in their house or parents who didn't care about them. Unless we go North Korean style brain washing authoritarianism, no nanny state attempt will fix this. The problem, responsibility and solution lies with the people."}
{"_id": "283932", "title": "", "text": "Not to mention, nobody who's any good wants to be maternity cover. Plus nobody does any work once you give them notice so you have to wait for the original person to come back, then pay the mat cover to job search for a month.  Companies below a certain size get hit disproportionately hard by this because they're run with very little fat and there's nothing to pick up the slack."}
{"_id": "283938", "title": "", "text": "Yes youre right it's far more complex than the M-M textbook theory. My view is that there's even more advantages to debt than M-M would say. Further you've nailed exactly why these companies don't follow corporate norms. As disruptors they fear disruption despite their pretty much impenetrable moats. But their CFOs are slowly turning them. MSFT now has a normal corporate structure, apple is getting there, and Google hired Morgan Stanley's CFO. I disagree on your last point: what an entrepreneur CEO (who built a disruptive business from the ground up) wants for his balance sheet is usually not the right thing for shareholders. They do it because they can get away with it due to share class structure and their phenomenal operating performance. That's just my opinion."}
{"_id": "283952", "title": "", "text": "\"That's it, I think. The situation I was describing was apparently called the prisoner's dilemma. Here's an example, scroll down to the bold title \"\"Prisoner's Dilemma (Again)\"\": http://economics.fundamentalfinance.com/game-theory/nash-equilibrium.php  Thank you! There's no way I would have been able to think of Nash Equilibrium.\""}
{"_id": "283971", "title": "", "text": "Those are some very broad questions and I don't think I can answer them completely, but I will add what I can. Barron's Finance and Investment Handbook is the best reference book I have found. It provides a basic description/definition for every type of investment available. It covers stocks, preferred stocks, various forms of bonds as well as mortgage pools and other exotic instruments. It has a comprehensive dictionary of finance terms as well. I would definitely recommend getting it.  The question about how people invest today is a huge one. There are people who simply put a monthly amount into a mutual fund and simply do that until retirement on one side and professional day traders who move in and out of stocks or commodities on a daily basis on the other."}
{"_id": "283982", "title": "", "text": "\"He sold at 25 cents per pound and then as the price rises, the cash he has will buy less and less which could trigger a margin call as you are missing the \"\"short\"\" part of his position which is rather important here. From Investopedia: A margin account also allows your brokerage firm to liquidate your   position if the likelihood that you will return what you've borrowed   diminishes. This is part of the agreement that is signed when the   margin account is created. From the broker's perspective, this   increases the likelihood that you will return the shares before losses   become too large and you become unable to return the shares. If you sold at 25 cents per pound and the price goes up, at some point you may be forced to buy to cover the position as brokers don't like to lose their money. As another example of a short going bad, \"\"Devastated\"\" Trader Crushed By Soaring Biotech, Starts Online Begging Campaign To Fund $106,000 Margin Call notes in part: However where this story gets abusrdly entertaining, or woefully   tragic, depending on one's perspective, is that one trader, Joe   Campbell, was on the wrong side of last night's massive surge. As the   RutRho blog, which noticed it first explains, a \"\"dummy\"\" E-trader, Joe   Campbell, decided to go $35,000 short KBIO \"\"and now owes $ETFC a   wonderful $106K.\"\"\""}
{"_id": "283988", "title": "", "text": "&gt; Women entered the work force en mass. And, with twice as many potential employees the cost of labor decreased.  Sorry, I'll have to disagree with this.  Yes between the 60s and 80s married women started staying in the paid workforce,  but this only increased the employment to population ratio from ~55% to about ~64% in 2000 ( it has since dropped down to ~58%.  Also, since work that had previously been unpaid such as child minding, house cleaning, nursing of elders and food preparation increasingly became part of the paid economy,  much of that extra labor was occupied in these new positions and so wouldn't have increased the overall competition for jobs.  The idea that extra bodies competing for jobs would drive down the price of labor also needs to be justified.  In a theoretically ideal market the actual number of players in the market doesn't influence the price.  Only by assuming that the increase in supply increased the job seeker's desperation for a job do we lower the price at which they are willing to sell their labor.  But why should we assume job seekers became more desperate between the 60s and the 90s when the unemployment rate was about the same in both those periods?"}
{"_id": "283991", "title": "", "text": "To be to ally fair, the audit that is done on the Fed every year does not include foreign bailouts, foreign swaps, gold reserves and their leasing or sales, it does not include loans to Primary Dealer Banks. In fact it doesn't include anything that would let us see the extent or type of transactions that are taking place."}
{"_id": "284004", "title": "", "text": "The one thing I really enjoy are the onion rings, which are hard to find at other places in my area. I used to prefer their fries, but then a couple years back they changed them to be bland and tasteless, like most other fast food places."}
{"_id": "284007", "title": "", "text": "You'd have to create an entirely different CULTURE before this becomes as issue. Cars using electricity every night to charge up is a generators dream, because usually night time draw is very low.  In fact, electric cars are the perfect gift to electricity companies."}
{"_id": "284021", "title": "", "text": "\"Kiva.org is a nonprofit organization and does not pay you (the lender) any interest. From their website: Kiva does not guarantee repayment nor do we offer a financial return on your loan. Therefore Kiva will not improve your yield, as there is no money to make. It is intended you people who want to make \"\"charitable\"\" loans. That said, I think Kiva is an awesome organization.\""}
{"_id": "284040", "title": "", "text": "\"when I say dark navy, I just mean that conservatively (for an interview, etc.) that something like [this](https://flockler.com/thumbs/sites/102/navy_wool_suit_3--lpv69lot0l_s1800x0_q80_noupscale.jpg) is more appropriate than [this](https://s-media-cache-ak0.pinimg.com/originals/57/e0/a5/57e0a5eb9d320f186bd751d33fb5cb04.jpg)   What you mention as \"\"lightly striped\"\" is called pinstripes, and on a black suit can be OK but it is a tougher look to pull off and you have a better chance of looking like a [someone trying to dress like their dad](https://www.rococlothing.co.uk/media/catalog/product/cache/1/small_image/800x/17f82f742ffe127f42dca9de82fb58b1/1/_/1_92_7.jpg) than [looking like professional adult](https://s-media-cache-ak0.pinimg.com/736x/a6/5c/43/a65c43b84d674b0cff5e66c35a8a1727--pinstripe-suit-chris-pine.jpg). They are also a bold choice for an interview and may draw attention to you as someone who wants to stand out in the wrong way, or have the interviewer focusing on your suit rather than the content of your talking points.   Getting back to black, I wouldn't suggest a black suit, period, unless you've already amassed a mid gray, mid/dark navy, light gray, and even brown (or other statement color), or unless you are buying a tuxedo. If you do wear black, you should only [wear a white shirt](https://www.menssuitstips.com/wp-content/uploads/2014/11/2-Button-Black-Suit.jpg) because [blue does not contrast well with black.](https://s-media-cache-ak0.pinimg.com/originals/3c/12/54/3c125488a7d8a6250db4a9579b9223aa.jpg) These are some basic \"\"rules\"\" which can be broken, but in general you'll look objectively \"\"better\"\" from a pure fashion-geek sense (which tends to align with public perceptions) if you stick to them.   This is a really good primer from 2013 in /r/malefashionadvice on suits https://www.reddit.com/r/malefashionadvice/comments/1nt5wv/an_extensive_look_at_mens_suiting/\""}
{"_id": "284051", "title": "", "text": "I believe the reason is because society and the economy is set up a certain way, and re-enforced by the government. Your options are: So, people usually go with the most attractive of their limited options, getting a mortgage. If you want to dig deeper, do some research as to why housing is expensive. Some things to consider: you need the government's permission to build houses, thus limiting the competition in the home building market, the housing bubble, artificially setting house prices, etc.) To summarize: people need mortgages because houses are expensive, and houses are expensive for many reasons, big ones having to do with the government."}
{"_id": "284052", "title": "", "text": "I agree that if you have 4999 employees you're going to think long and hard about hiring employee number 5000, and probably hold off as long as you can but eventually if you need more employees you're going to do it.  I also don't think a company with, say, 10,000 employees is going to suddenly fire half of them to get to under 5000.  AKA:  they still have an incentive to grow, you can still make more money by growing a slight increase in taxes doesn't change that"}
{"_id": "284059", "title": "", "text": "\"If you have a big pocket there are quite a few.. not sure if they take us clients though. Vcap, Barclays, Icap, Fixi, Fc Stone, Ikon.. Then there are probably a few banks that have x options also but i don't know if a private investor can trade them. A few im not sure if they have fx options or if they are \"\"good\"\": GFTFOREX, Gain capital, XTB, hmslux, Ifx Markets, Alpari, us.etrade.com Betonmarkets might be something if you are interested in \"\"exotic options\"\" maybe?\""}
{"_id": "284060", "title": "", "text": "What is the difficulty is making the connection  Investors go to /r/investing where discussions are related to particular stocks and commodities and news related to that and people who fancy them selves as investors and traders  r/Economy is for things and event that effect economy, that means over a long time . .in the long run in a manner that is not obvious . .like a retarded bufoon who thinks he is going to fix taxes by not taxing the rich.  Perhaps if you spent less time peeking at other peoples opinions and formed your own you would not feel left out of a conversation that doesn't base its quality on the number of lemmings that up or down vote it.  I bet you are the kind of guy who always sneaks a peek in public urinals as well because he is so insecure . . .  seriously dude . .move on, get a life more meaningful than hanging around public places peeking"}
{"_id": "284073", "title": "", "text": "How to break 90                     Golf is a lifelong pursuit that will always challenge, may entertain, and will almost certainly frustrate at times.  For most players, golf scores similar to those consistently seen from our favorite pros may be unattainable.  A more reasonable goal for most is to find a way first to routinely break 90, but how do you get there?  A few regular adjustments will provide the best opportunities to do so. Pre shot routine: Every golfer needs a pre shot routine that happens every time you approach the ball. For example, during practice always visualize a target; plan your shot and try to see the outcome. Take one or two practice swings to get a feel for the stroke before you step to the ball. The key to this is consistency, if it happens every time you can begin to take the guesswork out of your game Golf.   Practice more than you play: Don\u2019t try to fix your mistakes on the back nine. When you are on the course you shouldn\u2019t be thinking about how to correct your stroke, grip, stance etc. In fact, if you\u2019ve done the work off the course, you shouldn\u2019t have to think about much at all; trust your muscle memory to do what you have practiced.  Practice the minimum: To perfect any physical skill, it is important to focus on the smallest amount of information possible at one time. You cannot simultaneously pay attention to the plane of your stroke while thinking about the weight on your left foot and refining your grip. Try to pick one small thing to focus on at one time and work it into your muscle memory. Practicing the minimum will allow you to stop thinking about each factor of the game while on the course. Again, the goal of this process is to make your motions automatic, effortless and fluid.  Care less:  It may seem counterintuitive but when you step onto the golf course, the more invested you are in each shot, the less you can rely on the hard work you have put into your game during practice. Do the work on the driving range so that you don\u2019t need to worry about it when you need it. http://www.ColeGolf.ie"}
{"_id": "284074", "title": "", "text": "All the shit people attribute as being 'cool' about blockchain (immutability, decentralised, and so on) are a direct **consequence** of bitcoins having monetary value. Without a token that people are willing to sacrifice resources for, all those nice features go out the window.  In other words, bitcoin (the 'currency') has to have value for 'blockchain tech' to have value.  If you understand this basic logic, you will know what to do next."}
{"_id": "284075", "title": "", "text": "The right time to buy real estate is easy to spot. It's when it is difficult to get loans or when real estate agents selling homes are tripping over each other. It's the wrong time to buy when houses are sold within hours of the sign going up. The way to profit from equities over time is to dollar-cost average a diversified portfolio over time, while keeping cash reserves of 5-15% around. When major corrections strike, buy a little extra. You can make money at trading. But it requires that you exert a consistent effort and stay up to date on your investments and future prospects."}
{"_id": "284081", "title": "", "text": "Down payment: Emphatically avoid PMI if at all possible; it's pouring money down the drain. Do 20% down if you can, or pay off enough to bring you above 20% and ask for PMI to be removed as soon as you can. Beyond that it's a matter of how much risk you want to accept and how long you'll own the place, and you'll have to run the numbers for the various alternatives -- allowing for uncertainty in your investments -- to guide your decision. Do not assume you will be able to make a profit when you sell the house; that's the mistake which left many people under water and/or foreclosed on. Do not assume that you will be able to sell it quickly; it can take a year of more. Do not assume immediate or 100% occupancy it you rent it out; see many other answers here for more realistic numbers.... and remember that running a rental is a business and has ongoing costs and hassles. (You can contract those out, but then you lose a good percentage of the rent income.) Double mortgage is another great way to dig yourself into a financial hole; it can be a bigger cost than the PMI it tries to dodge and is definitely a bigger risk. Don't."}
{"_id": "284084", "title": "", "text": "&gt;assuming he's a legacy  ...  &gt;assuming he didn't have high grades or get in on merit just because he may have had wealthy parents  ...  &gt;assuming he had wealthy parents in the first place  ...  &gt;keeping these assumptions despite the fact that he clearly made good grades at Princeton, judging by him getting a job with a company that only recruits the top of the class  Probably gonna say he just got good grades because he was rich next, right? Or that [Goldman](https://www.wallstreetoasis.com/forums/gpa-cutoffs-0) ignored low grades because he went to Princeton.  *Someone* seems a little butthurt that they aren't as successful as they hoped to be."}
{"_id": "284085", "title": "", "text": "You need to file IRS Form 1040-NR. The IRS's website provides instructions."}
{"_id": "284086", "title": "", "text": "Eeeeeeh... No, you don't. In Canada, and pretty much any country with common sense they will rarely charge you for income made outside its borders. In the worst case scenario you're taxed on income deemed resulting from investment (stocks, bonds, etc.), but the general rule is... You don't pay taxes on income made abroad."}
{"_id": "284095", "title": "", "text": "There are various classifications reasons inside this amusement sort, arranging the player in bolted surroundings or some likeness thereof. Contingent upon the format of the room, an alternate arrangement for escape is required.  We have fabulous ideas to make the rememberable your surprise parties west palm beach, if you want to get the amazing dinner and other services, then you choose the right place.  If you\u2019re looking for good places where provide you full security with fun and entertainment it is an exciting ways to bring each other together without causing a big bore or hassle."}
{"_id": "284115", "title": "", "text": "Trump is your President.  That's all I need to say to trigger you, hahahahahaha. Who is the child.   You're acting like an adult, and you're attacking a supposed child? Good job bro! If a baby cries on a plane near you, do you punch it in the face? Hahaha, Trump is your President and will be for two terms baby!"}
{"_id": "284121", "title": "", "text": "The first method is the correct one. You bought an asset worth of $1000 and you put it on your depreciation schedule. What it means is that you get to write off the $1000 over a certain period of time (and not at once, as you do with expenses). But the value you're writing off is the $1000 regardless of how much you've written off already. Assume you depreciate in straight line over 5 years (that's how you depreciate computers for Federal tax purposes, most states follow). For the simplicity of the calculation, assume you depreciate each year as a whole year (no mid-year/mid-quarter conventions). The calculation is like this: If you sell the computer - the proceeds above the adjusted basis amount are taxed as depreciation recapture up to the accumulated depreciation amount, and as capital gains above that. So in your case - book value is the adjusted basis at the end of the year (EOY), depreciation this year is the amount you depreciate in the year in question out of the total of the original cost, and the accumulated depreciation is the total depreciation including the current year. In Maryland they do not allow depreciating to $0, but rather down to 25% of the original cost, so if you bought a $1000 computer - you depreciate until your adjusted basis is $250. Depreciation rates are described here (page 5). For computers (except for large mainframes) you get 30% depreciation, with the last year probably a bit less due to the $250 adjusted basis limitation."}
{"_id": "284142", "title": "", "text": "As a general rule no. Those companies are notorious for: 1) Arguing with you endlessly that any claim you make isn't covered. 2) Going out of business leaving you with a worthless warranty. The exception is when you are selling a home. Buying a transferable warranty may be an effective sales tactic to set the buyer's mind at ease about potential problems with the house."}
{"_id": "284153", "title": "", "text": "With the calculator in hand (Excel :) you should follow this advise and save a bundle. 1) Calculate how much you are willing to spend per month. 2) Take the longest (in years) mortgage you can find and cheepest (Euribor+0,2% is better than Euribor+1%). 3) Save the amount you are not spending on your mortgage. Whenever the mortgage cost changes (once a year), calculate whether you get more interests on your savings or on a down payment (look at the total cost). Then decide if you make a down payment or keep on saving. My 0,02\u20ac We took a 20 year mortgage and blindly payed every time we'd have 3K\u20ac. We payed our house in 6 years. The total cost of the mortgage was way down this way. However, the above theory has a better yield overall."}
{"_id": "284162", "title": "", "text": "\"I've just received my first Credit Card statement from HSBC. All I can say is all the information you need is there. It's really easy to pay off your credit card bill just have to read the instructions! Here are the bank account numbers and steps how to set up a standing order (as it was written in my statement): \"\"Standing Order/ bill payment Pay a fixed amount to your HSBC Bank Credit Card using the following information: Type of Card Card     ------------------------  Number Begins   ----Account Number MasterCard: HSBC Bank and Welsh --- 543460 ----------------29004734 Visa: HSBC and Welsh ---------------------454638 ----------------09003649 Gold Visa ---------------------------------------494120 ----------------69005161 Remember, if payments are made using the wrong card details, sort code or account number, they may be delayed or not applied.\"\" hope it was helpful\""}
{"_id": "284164", "title": "", "text": "I didn't think Toyota was giving up on hydrogen just yet; Hell, they only just cut their Tesla contract loose! Neither has the internal combustion engine given up. Mazda got a brand new whizbang i/c technology set for production."}
{"_id": "284165", "title": "", "text": "So, first -- good job on making a thorough checklist of things to look into. And onto your questions -- is this a worthwhile process? Even independent of specific investing goals, learning how to research is valuable. If you decided to forgo investing in stocks directly, and chose to only invest in index funds, the same type of research skills would be useful. (Not to mention that such discipline would come in handy in other fields as well.) What other 80/20 'low hanging fruit' knowledge have I missed? While it may not count as 'low hanging fruit', one thing that stands out to me is there's no mention of what competition a company has in its field. For example, a company may be doing well today, but you may see signs that it's consistently losing ground to its competition. While that alone may not dissuade you from investing, it may give you something to consider.  Is what I've got so far any good? or am I totally missing the point. Your cheat sheet seems pretty good to me. But a lot depends on what your goals are. If you're doing this solely for your education and experience, I would say you've done well. If you're looking to invest in a company that is involved in a field you're passionate about, you're on the right track. But you should probably consider expanding your cheat sheet to include things that are not 'low hanging fruit' but still matter to you.  However, I'd echo the comments that have already been made and suggest that if this is for retirement investments, take the skills you've developed in creating your cheat sheet and apply that work towards finding a set of index funds that meet your criteria.  Otherwise happy hunting!"}
{"_id": "284170", "title": "", "text": "I probably know more about both business and drugs than you'd assume.   But there are a lot of jobs where it's not a big deal. I understand that most companies who drug test do so for liability, because their insurance requires it when workplace injuries are reported, and that they have to cover their asses so that the insurance wil pay out.   And operating machinery, equipment, etc while high is the same as doing so while drunk or otherwise impaired. But we don't keep employees from drinking on weekends. And current drug test policies don't do much to keep employees from popping pills or doing meth on weekends either, so they're weeding out a lot of pot smokers while still hiring people who use harder drugs.  I've worked at one job that was all about mid-week drug tests to screen out marijuana users, but where people were pretty open about abusing prescription pills and other drugs.  I've worked in a law office where cocaine and adderall were openly abused, with higher-level associates offering to hook me up if I needed a source for either. And I've worked in sales positions where those same drugs were pretty openly used and talked about.   And yes, plenty of corporate cokeheads and pill poppers would look down on pot smokers too, and try to tell you that their drug of choice made them more productive."}
{"_id": "284173", "title": "", "text": "Buy a prepaid gift card, such as a MasterCard or Visa gift card. You can find them at the grocery store, a pharmacy, or your local bank. Provide this on their online form. If anyone steals your gift card information, you will have already used the funds for your purchase and there is no further risk to you."}
{"_id": "284181", "title": "", "text": "Touch ID follows the same exact model that Apple has always used to be successful.  Take an important feature that few people will appreciate or use, purely due to their laziness; distill it down to a simple enough common denominator so that everyone feels they can use it in spite of their laziness.  Some people like complex features and customizability, others prefer streamlined features and simplicity.  Just because *you don't* care doesn't mean *noone* cares."}
{"_id": "284205", "title": "", "text": "\"Thanks for your additional comments Sam, that is helpful. Here is an overview of what you can and cannot do with an FSA as it applies to your situation. The government intends that a general health FSA be used to cover expenses that are usually out-of-pocket when you are covered by a qualifying health plan. It is funded with pre-tax dollars and is on a use-it or lose-it basis. However, an HSA is itself a form of health coverage that is tax-advantaged, and the balance can be invested. Because of this, an HSA is not considered by the government to be a health plan that \"\"qualifies\"\" for use with a general health FSA. However, this means that a given covered person cannot have both of these simultaneously. In your wife's case, if you have an HSA and she has traditional health benefits with an FSA, this is not considered a problem since she can only use the FSA money for expenses incurred by members of your family on her plan. However, if she were to join you on the HSA (which sounds like it could be a good idea overall), she would need to wind down her FSA and would not be able to fund it for the next year. This could be a problem if you have a lot of money in the FSA that she isn't able to spend prior to joining the HSA. The reason why the government doesn't want one given person covered by both an HSA and given access to an FSA at the same time is that they are both tax-advantaged. What they intend is that people can set aside money pre-tax which they will use to pay their non-covered health expenses. If someone had both, there would be two potential problems: If you do ultimately want your wife to be on the HSA, see if you can spend what is left in her FSA, as it will end when she ends her health coverage with her employer. If the amount you stand to lose is significant, you may need to wait another year until your next open enrollment period or life event (such as the birth of a child) to enroll her on your HSA. It is also likely that her premium on the HSA will be lower, which could impact the effect of ending her FSA. Recently, there has also been a rule change regarding what is called a \"\"Limited Use\"\" FSA. These are FSAs that are used for qualifying non-\"\"health\"\" expenses such as dental and vision that can be used together with an HSA. This may be something that is helpful to you and/or your wife on the HSA if your employer offers this as a possibility. Please note that unlike retirement accounts, you cannot \"\"rollover\"\" funds between FSA plans offered by two different employers as each FSA is a separate benefit fund that is on a use-it or lose-it basis (again, because the government wants to restrict tax-advantaged contributions to what you are likely to spend). You may also find the article here helpful to learn more about FSA/HSA combinations and Limited-Use FSAs. I hope this helps!\""}
{"_id": "284235", "title": "", "text": "\"EVERYONE buys at the ask price and sells at the bid price (no matter who you are). There are a few important things you need to understand. Example: EVE bid: 16.00 EVE ask: 16.25 So if your selling EVE at \"\"market price\"\" you are entering an ask equal to the highest bid ($16.00). If you buy EVE at \"\"market price\"\" you are entering a bid equal to the lowest ask price ($16.25). Its key to understand this rule: \"\"An order executes ONLY when both bid and ask meet. (bid = ask).\"\" So a market maker puts in a bid when he wants to buy but the trade only executes when an ASK price meets his BID price. When you see a quote for a stock it is the price of the last trade. So it is possible to have a quote higher or lower then both the bid and the ask.\""}
{"_id": "284272", "title": "", "text": "I work in Reserves management at a Central Bank. We work more or less the same hours...but the content of the day is very different. Trading is usually wrapped up by 11-12pm. Then I have a ton a time in the afternoon to hit up the gym, attend economist presentations, grab a lunch, or grab beer with colleagues. Generally very relaxed....very against the industry"}
{"_id": "284288", "title": "", "text": "It depends what area of finance, but an ivy league education is not *required*. A good school, probably, but the best thing you can do for yourself is go through the internship program at a bank or financial institution (usually after junior year, but you find the occasional sophomore). There are often many job offers to those that complete it well, and if not, you apply to other firms with your internship as your backing. It would help to know what Gyroisabot asked and know what area and what school you went to."}
{"_id": "284302", "title": "", "text": "Booking of computer services and repairs advertisement helps a lot in providing you great and easy solutions with Book My Ad. These computers ads provide easy clients to the dealers. Get offers and discounts, for more info call us at 8800334456."}
{"_id": "284305", "title": "", "text": "Be interesting to see how this falls in line with new rules on data protection in the EU (and probably more relevant, the UK as it's maintaining them after Brexit..).  Some of the data being held may well not be shareable without consent and if someone turns a spotlight on banks sharing data it could get quite ugly quite quickly."}
{"_id": "284312", "title": "", "text": "\"So like a Love's Truckstop that says it serves \"\"fair trade\"\" coffee, but in reality is hand packing keurig cups with Folgers, because of course this venture is going to blow up in their faces in some hilariously inept attempt at competent management.\""}
{"_id": "284318", "title": "", "text": "Excellent answers so far, so I will just add one additional consideration: liquidity. Money invested in a mutual fund (exclusive of retirement accounts with early withdrawal penalties) has a relatively high liquidity. Whereas excess equity in your home from paying down early has very low liquidity. To put it simply: If you get in a desperate situation (long term unemployment) it is better to have to cash in a mutual fund than try to sell your house on the quick and move in with your mother. Liquidity becomes less of an issue if you also manage to fund a decent sized rainy-day fund (6-9 months of living expenses)."}
{"_id": "284333", "title": "", "text": "&gt; budget would reduce the deficit by $160 billion, while increasing the GDP  Sounds great until you learn that $160 billion is only 11% of [the $1400 billion the government borrowed in 2016](http://www.usgovernmentdebt.us/us_deficit) and the US GDP is only going up because the deficit isn't shrinking as quickly as it would under current spending levels."}
{"_id": "284339", "title": "", "text": "Why?  If the demand for the workers is there then they will hire who is available. You have no proof on that conjecture of yours. We shouldn\u2019t base our minimum wage on a teenagers summer job. That\u2019s absurd."}
{"_id": "284351", "title": "", "text": "People with failed businesses also often put in crazy long hours and submit themselves to huge financial risk. That's what you have to do just to start a business. It doesn't predict success.  Why do businesses fail?  I can now mostly predict if a business will fail because lots of people have ridiculous ideas or absolutely no way to make money (99% of businesses at startup events will not be around in a year).  Luck doesn't predict the success of a business, but neither does hard work.  I started 3 businesses in the past 2 years and they are all making money.  I also put a ton of research into each one and carefully planned out a business strategy.    Many people starting businesses either don't have the ability to do this or just don't put the time into it because they are afraid that their awesome new idea won't be successful."}
{"_id": "284365", "title": "", "text": "\"Not to be a downer...but: Another thing to consider is an update to your \"\"accounts document\"\". By that I mean, your list of banks, account numbers, insurance policies, access information, etc. I'm told that keeping this information up to date and attached to your will can make a lot of things go far smoother in the event of an untimely passing. I should probably get on that myself...\""}
{"_id": "284386", "title": "", "text": "A Simple Rule to discern between good and bad debt: Does this mean you should never buy a house or car? Of course not.  But if you accrue bad debt, make sure that you can handle it and understand the costs and repercussions."}
{"_id": "284392", "title": "", "text": "The biggest issue with personal bankruptcy is that your credit rating determines a lot more than whether someone will lend you money. In particular, someone with bad credit will find it *extremely* difficult to rent a house or apartment, something that will be of utmost importance if you've just turned in your home as collateral."}
{"_id": "284393", "title": "", "text": "\"The article ends saying Steve's success was not attributed to him being an asshole but, I think it did.  Steve figured out how to tap into a human desire that ~30% of the market who can afford and is in the market for an iPhone has. The desire to be \"\"smug\"\" and have the \"\"new and greatest\"\"; he marketed that to the predisposed \"\"asshole types.\"\"  Now don't down vote me yet, hear me out. I am not saying all iphone users are in this category but:  Using men as a sample here. We like toys, and having the best toy out of your peers is something of a status symbol. Think back in the days of old when having a sword or weapon was the normal thing to carry around. The man with the most elaborate, or bigger or advanced sward/weapon was revered; and could use it to brag.  Now a days there are a lot more beta males (yes I am taking it there) than in the \"\"rugged past\"\" due to institutions like police and insurance allowing for these men to get mates and pass along their genes. This allows for the propagation of Dick measuring rituals via possessions rather than actions. Look around at all your iphone owners how tough are they really, how often do they complain about trivial shit that doesnt matter or do nothing about it. How often do they say \"\"check out this cool new (in reality useless) app I have\"\"?   This is the personality that Steve cornered and marketed to.  As for women, women like to have the newest and nicest things as well for a different reason. They use it to show off their desirability to other women in the big race that women run: women only care about what other women think of them, they care about men in the sense that they can brag to other women how many men are after them- giving them status among their peers. The iPhone is marketed like jewelry to women, an accessory that complements them, like earings and a purse.  And for all the people who say they like it for the usefulness and such, okay you are truly 10% the 100% of his market. That is the excuse apple can use as the conscious part of the advertising, and the few people that use it for those reason make the vast minority. Because realistically an Android and a BB can do many things, and some better than the ipone for WAY less.  If you'd like to know I used to own a BB was going to get an iphone, but wanted to \"\"disconnect\"\" from the google everything that comes up in conversation, email always on, facebook always on lifestyle.- So I got a pos phone that i dont worry about dropping, getting wet, etc.\""}
{"_id": "284401", "title": "", "text": "&gt; How do vouchers fuck over our education system?  Vouchers pay the private schools what the public school would have received in the first place.  The public school doesn't pay as much in taxes, and has a government supported administration that cuts waste at every chance.  So the private schools collect all the voucher money, figure out they can't turn a profit, and go bankrupt.  Sending all the kids they had enrolled back to the public schools or forcing another issuance of another voucher.  Costing the school system double to triple for every kid that gets screwed that way.  Which means the public school system doesn't have that money in their budget either, forcing further cuts.  Secondarily it also causes self segregation at the schools, because all the affluent parent can afford to drive their kids to another school, poor kids need a bus that's not covered by a voucher.  So we end up with schools that are 90% black/hispanic with only 50% speaking english in a county that is 66% white.  While around the corner is a 90% white school where only 5% speak spanish when over 25% of the population does.  And that's just the racial demographics that are immediately obvious.  The poverty levels are harder to get data on.  [Source](http://lmgtfy.com/?q=the+problems+with+school+vouchers)  &gt;  a school where they don't fear for their lives  Either school security [officer Bob on a power trip](http://www.prisonexp.org/), or the delinquent in the hall, the problem is the same.  Fearing for safety when there really shouldn't be a problem.  &gt; I get the feeling that you  And I get the feeling you don't live near a population center."}
{"_id": "284403", "title": "", "text": "Maybe his accountant not taking care of things meant that there was a miscommunication about his debts. He could've had outstanding loans, back taxes, etc and he didn't have a clear enough picture about what his cash balance would be after his transaction."}
{"_id": "284411", "title": "", "text": "\"Your premise is false.  When you withdraw money from a Tax Free Savings Account (TFSA), there is no\u00a0tax\u00a0due.  Yes, you can read that again:  withdrawals from a TFSA are tax free.  They are labeled \"\"tax free\"\" for a good reason!  After-tax money is deposited, and then from that point forward, no tax, no tax, no tax.  :-) On a \"\"normal\"\", non-registered investment or savings account with no special treatment, your investment earnings will be taxed whenever gains are realized or income received (e.g. dividends or interest).  You will necessarily have less in a normal non-registered investment or savings account compared to a TFSA, as long as the rate of return was positive, i.e. growing. Perhaps you were thinking not of comparing a regular investment account to a TFSA, but rather to a Registered Retirement Savings Plan (RRSP)? In the case of an RRSP, there is an up-front tax deduction, then earnings grow tax-deferred, and then on withdrawal, income tax is paid at regular rates.  Even then, with RRSPs, if your marginal tax rate remains the same over time (not necessarily a reasonable assumption, but let's go with it) then you should still realize more after-tax income from your RRSP than from a normal non-registered investment or savings account.  (Though, there's likely an exception case when most income came as qualified dividends and the capital itself hasn't appreciated.)\""}
{"_id": "284434", "title": "", "text": "\"Instagram allows the user to upload images or videos into the display. Users can use numerous digital filters for their images and add positions through geographic tags. You can insert hashtags into your posts, taking the photos to another topic in Instagram to highlight the same theme or complete theme.  Users can associate their Instagram account with other social networking profiles, so they can share images with these profiles. \"\"Discover\"\" was introduced and showed users a media category, including admired images and photos were recorded in neighboring locations, trends and positions, suggested video channels and cured content. After the start, Instagram quickly gained popularity.\""}
{"_id": "284445", "title": "", "text": "Screw the downvoting haters. I think you're absolutely right. Who cares if the editor posts a link to his own story, or if a regular reader posts the same one? As long as its relevant, it will be read and upvoted just the same. Spam should be downvoted into oblivion. There is no reason to regulate content when there is already a natural regulation system in place."}
{"_id": "284454", "title": "", "text": "\"Your mortgage agreement probably gives you three options: Pay off your mortgage in full. Use the insurance company's deck-repair payment to fix your deck to be similar in quality to what it was when you took out the mortgage, allowing for normal wear-and-tear since you took out the mortgage. In other words, you can \"\"restore or repair the property to avoid lessening the Lender's security\"\". According to most American mortgages, if you can make the repairs for less than the insurance settlement, and the lender is happy with the work, you can keep the savings. Hand over the insurance company payment for the deck to your lender, and have them apply that amount toward the principal of your mortgage. If the repairs are not \"\"economically feasible\"\", and you are current with your payments, most American mortgages specify this use of the money. Here are some typical mortgage provisions in this regard.  This is an excerpt from the Fannie Mae/Freddie Mac form 3048, which is the form used by most banks for mortgages in the state of Washington.  (I have added paragraph breaks and bolding for clarity.)  Many states have different wording, but the intent is the same: In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender.  Lender may make proof of loss if not made promptly by Borrower.  Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower.  Such insurance proceeds shall be applied in the order provided for in Section 2.\""}
{"_id": "284463", "title": "", "text": "That's the point.  They're crooks who only want to do an IPO at the moment they start filing publicly.  If you did an IPO after financials are already public, then you'd be forced to sell at a fair price.  Doing it before an actual earnings report (which is more accurate than an S-1) allows them to exploit speculation and get a better price."}
{"_id": "284469", "title": "", "text": "Royalties. (Once you start getting them.)"}
{"_id": "284483", "title": "", "text": "&gt; Shouldn't all pieces from think tanks be thoroughly fact-checked?  &gt; Whether it be CATO, Center for American Progress, Brookings, Heritage, or AEI, it seems reckless to me to publish their pieces without fact-checking.  I agree. Nothing that gets published as news should escape fact-checking. This goes double for opinion pieces. This is an inevitable consequence of treating journalism as merely stenography, reporting what is said without consideration for accuracy.  However,  &gt; I don't even fault Stephen Moore for this. His job is to spread certain economic views.(ones that I tend to disagree with strongly, but that's his job)  I don't think anyone's job is to simply spread an economic, political or any other view. I think any job involving analysis should include an imperative to make sure the views expressed are supported by facts, not to filter or alter the facts to favor a view. The latter is what Moore has been doing."}
{"_id": "284484", "title": "", "text": "Did you read the article?  They weren't arguing whether or not the debt could be defaulted on.  They were arguing that one side can't unilaterally change the terms of the contract and decide to pay less.  Which seems like common sense, but whatever."}
{"_id": "284492", "title": "", "text": "I feel like the author doesn't have a clear message. On the one hand he is saying that Robinhood users should be long-term passive investors, the he turns around and criticizes it for not completing trades fast enough and having too much slippage.  I think that we need to be very specific about our goals. If the goal is to make as much money as possible, sure, Robinhood is a poor tool. However, the vast majority of people are only at the point that they need to save more. If then our goal is to get more people to save more then it is a great tool. It lowers barriors and makes it fun. More importantly, the limits of Robinhood are obvious to anyone who starts to take the next step and increase their gains."}
{"_id": "284499", "title": "", "text": "Yep, and for those needs, Whole Foods will still be there I'd imagine. I wouldn't sell them short on delivery of ready-made meals though, if they can build up a fast delivery service, then those ready-made options could be on the table (pun intended)"}
{"_id": "284526", "title": "", "text": "How complicated is your budget? We have a fairly in depth excel spreadsheet that does the trick for us. Lots of formulas and whatnot for calculating income, outgo, expected and actual expenses, expenses budgeted over time (i.e. planned expenses that are semi-annual or annual) as well as the necessary emergency funds based on expenses.  Took me a few hours to initially create and many tweaks over months to get just right but it's reliable and we know we'll never lose support for it. I'd be willing to share it if desired, I'll just have to remove our personal finance figures from it first."}
{"_id": "284528", "title": "", "text": "The US Postal Service to my recollection recommends only mailing cash or items with cash-like characteristics using Registered Mail service. Registered mail is expensive and a pain in the butt for everyone, as it requires an audit trail for each individual who touches the mailing.  If you're doing a lot of business and word gets out that you're accepting cash payments via the mail, you'll probably attract unwanted attention from the tax authorities as well. It's fairly unusual."}
{"_id": "284538", "title": "", "text": "I see people say this all the time but all it does is demonstrate a lack of critical thinking.  One single example: know how great american roads are?  They aren't.  You think our great government is gonna spend moneg to improve roads orrrr"}
{"_id": "284539", "title": "", "text": "I can clear the Thailand side for you.  These are the sale tax in Thailand: Don't forget to ask your bank in Thailand to issue an (FTFs). This document shows the money originated from abroad (before in came to your Thai account) from outside of Thailand.  The land office will ask for the (FTFs)."}
{"_id": "284540", "title": "", "text": "An option gives you an option.  That is, you aren't buying any security - you are simply buying an option to buy a security.  The sole value of what you buy is the option to buy something. An American option offers more flexibility - i.e. it offers you more options on buying the stock.  Since you have more options, the cost of the option is higher. Of course, a good example makes sense why this is the case.  Consider the VIX.  Options on the VIX are European style.  Sometimes the VIX spikes like crazy - tripling in value in days.  It usually comes back down pretty quick though - within a couple of weeks.  So far out options on the VIX aren't worth just a whole lot more, because the VIX will probably  be back to normal.  However, if the person could have excercised them right when it got to the top, they would have made a fortune many times what their option was worth.  Since they are Euroopean style, though, they would have to wait till their option was redeemable, right when the VIX would be about back to normal.  In this case, an American style option would be far more valuable - especially for something that is difficult to predict, like the VIX."}
{"_id": "284544", "title": "", "text": "Doesn't the article ignore the fact that LEGO can't really sue them even if they wanted to?  The connectors are long out of patent, so there's nothing to stop someone from manufacturing compatible components - eapecially ones that don't duplicate anything in LEGO's current library.  LEGO's just making the best of it - knowing that it will happen regardless, so they may as well make sure everyone is making pieces that match LEGO's quality."}
{"_id": "284548", "title": "", "text": "\"A perfectly-implemented fiat currency, printed and ordained by a perfectly omniscient, perfectly competent, and perfectly benevolent central bank (let's call it God money\"\"), is the ideal. \"\"  Guess I had to come out of the woodwork here. Sounds like you just described bitcoin. :)  Plus it is nice because it is much cheaper and easier to digitally transfer than heavy metal.   Since bitcoin has a very finite supply, and probably upsets Keynesian economics,  I could see an alt-coin that would have an automatic calculation built in to create more money based on inflation.\""}
{"_id": "284578", "title": "", "text": "Of course not. But you walked into this with your eyes open, did you not? Did you think it was going to be 20 min a week or did you know what you were agreeing to?  You are asking to jump your price 300% a day into the work. Your friends are in a tight spot already, there is a time crunch until these tests, and her passing or not has real consequences for her. If it were me it would seem clear you lowballed me to get me to say yes then are leveraging that to a massive price hike assuming I won't want to change tutors once you've started. If we were friends we wouldn't be after this.  Honestly I think your best option is to go to them and apologize. Say you did not understand the commitment you were making and you do not think you are the right person to tutor their daughter. Offer to continue working with her until they find a proper tutor. If they offer more money maybe you can discuss it but don't you bring it up. They may. I'm not sure about in Europe but in the USA even $10/hr is way below average for a private tutor. That's more like prices for a group test prep course. You definitely lowballed yourself on price and the rate you are thinking is probably a reasonable if not discounted one still. If this weren't involving friends you could be more firm on needing to push up the price because if they walk away angry it's just a lost customer. But doing business with friends is always messier.  I could be wrong here, but are you maybe closer to the daughter's age? Are these family friends more accurately your parent's friends? If I'm off on that my advise above stands. If I'm right, think about how your actions will affect the friendship between your parents and this family. Might want to talk with them about it first."}
{"_id": "284590", "title": "", "text": "&gt; Zuckerberg has some political aspirations of his own  Zuckerberg running for the White House as a Democrat would deal another painful defeat to the Democrats. He'd be a hated candidate by both the Democrats and Republicans.   &amp;nbsp;   I really hope he doesn't jump into the ring."}
{"_id": "284591", "title": "", "text": "What is the importance or benefit of the assumption that high-risk is preferable for younger people/investors instead of older people? Law of averages most high risk investments [stocks for examples, including Mutual funds]. Take any stock market [some have data for nearly 100 years] on a 15 year or 30 years horizon, the year on year growth is around 15 to 18 percentage. Again depends on which country, market etc ... Equally important every stock market in the same 15 year of 30 year time, if you take specific 3 year window, it would have lost 50% or more value. As one cannot predict for future, someone who is 55 years, if he catches wrong cycle, he will lose 50%. A young person even if he catches the cycle and loses 50%, he can sit tight as it will on 30 years average wipe out that loss."}
{"_id": "284593", "title": "", "text": "All of the people you witch hunt on Reddit are doing so *organically* ha!, whereas you are admittedly a paid propagandist/activist.   Many of them have higher education than you, and all of them have as much backing by the scientific community in general as anthropogenic climate change, or efficacy and safety of vaccines.   Nearly all of the anti GMO bullshit you work hard to spread on the internet is the product of charlatans or charlatans financially benefit from it. You support health and diet woo industries that dwarf any seed companies in total income, and contribute to the continued suffering of millions of people."}
{"_id": "284597", "title": "", "text": "It shows that the poster of this article does not have a clue about how markets work. It also show they don't realize that the US is just about in a position to tell the rest of the world to fuck off in regards to oil. We will satisfy our own needs."}
{"_id": "284599", "title": "", "text": "Look into http://tech.co/ They post numerous events around the country. I have no idea where you are located but there are often Angel Groups or Venture groups that have events (some are paid and some you may be able to get access through your college).   There is also a large national competition (http://www.vcic.unc.edu/)   Really though it helps to be in a location where start-ups are and generally they tend to circulate around where the money is.   Look into any local incubators or co-working environments where office space is rented (Example: http://www.co-merge.com/) These environments will often host various events."}
{"_id": "284610", "title": "", "text": "I'd approach the lender that you're getting the lease from, but be prepared for them either saying 'no' to putting the lease into the name of an LLC without any proven track record (because it hasn't been around for a while) or require you to sign a personal guarantee, which partially defeats the purpose of putting the car lease into the LLC. I'd also talk to an accountant to see if you can't just charge the business the mileage on your vehicle as that might be the simplest solution, especially if the lender gets stroppy. Of course the mileage rate might not cover the expense for the lease as that one is designed to cover the steepest part of the depreciation curve. Does your LLC generate the revenue needed so it can take on the lease in the first place? If it's a new business you might not need or want the drain on your finances that a lease can be."}
{"_id": "284632", "title": "", "text": "Cmon we've known for years that this was only a matter of time. We could all probably make a list of the next 2-3 stores online retailers will take down. I'm thinking Staples and Office Max are next in line.   Can't wait for the BB liquidation sales."}
{"_id": "284644", "title": "", "text": "...or it'll get disclosed in a breach right along with the rest of your info because someone ignored security protocol.  To think otherwise is to assume that the credit reporting agencies are taking proper security precautions when it is really, really clear they aren't."}
{"_id": "284651", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/investigates/special-report/usa-bodies-brokers/) reduced by 98%. (I'm a bot) ***** &gt; Few state laws provide any oversight whatsoever, and almost anyone, regardless of expertise, can dissect and sell human body parts.  &gt; &amp;quot;There is a big market for dead bodies,&amp;quot; said Ray Madoff, a Boston College Law School professor who studies how U.S. laws treat the dead. &amp;quot;We know very little about who is acquiring these bodies and what they are doing with them.\"\"  &gt; Generally, a broker can sell a donated human body for about $3,000 to $5,000, though prices sometimes top $10,000.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78gdhw/each_year_thousands_of_americans_donate_their/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234179 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **body**^#1 **broker**^#2 **part**^#3 **state**^#4 **funeral**^#5\""}
{"_id": "284666", "title": "", "text": "\"I did read it. \"\"He's had some amount of privilege in his life and he's aware that's his success could be attributed to that.\"\" By privilege I meant that he had opportunities that he describes as luck. I feel like he has some guilt over his success but I just wanted to point out that he wrote a great book and the words didn't print themselves. He's a talented guy, even at 28, and he ALSO has some great connections that made his path to success easier.\""}
{"_id": "284673", "title": "", "text": "not disagreeing with you, but 100 hrs/week is over 14 hours per day if he never takes a day off. how effective/watchful can someone pulling these hours really be?  we should never let someone in a public safety position work these hours."}
{"_id": "284680", "title": "", "text": "I think it should be free. Why? I had a coupon for 35, I bought something for 35.01 including taxes and total to pay was 0.01, rounded to 0.00. I think it's almost the same scenario."}
{"_id": "284681", "title": "", "text": "Yes, this is right.  It is what I am doing.  In fact, I took it one step further.  During my early career when I was able to deduct traditional IRA contributions, I made them and saved on taxes.  When my income got high enough that I could no longer deduct those contributions, I rolled all my traditional IRA's into my 401(k).  Now they are no longer subject to the pro-rata rule and I could begin with the backdoor Roths while continuing to contribute the max to my traditional 401(k). Thereafter it's pretty much the process you have described."}
{"_id": "284682", "title": "", "text": "Wait. You equate public domain to being free. Public domain does mean that the source doesn't get paid. Remember when Its a Wonderful Life was in the public domain? TV stations still showed it, and they ran advertisements. Thousands of students each year buy Romeo and Juliet by William Shakespeare, and thousands of others purchase tickets to see their local high school perform the play, or watch a film version.  People pay money for those versions because a person, or people, or a printer put work into producing the product. You can't take the files directly from Project Gutenberg and sell them, you need to add value. In the case of Huck Finn Google thinks that version does add value. Therefore they do allow them to charge for that version. If the work your propose to translate is in the public domain in the country you will be selling, then you can avoid having to pay royalties  for the source material. But you will have to check the copyright situation yourself."}
{"_id": "284694", "title": "", "text": "US checking accounts are not really secure, though many people use them. One form of check fraud has been highlighted by Prof. Donald Knuth and carried out by Frank Abagnale, as portrayed in the film Catch Me If You Can. Basically, anyone can write a check that would draw from your account merely by knowing your account number and your bank's ABA routing number.  With those two pieces of information (which are revealed on every check that you write), anyone can print a working check, either using a laser printer with MICR (magnetic ink character recognition) toner, or by placing an order with a check-printing company.  The only other missing element is a signature, which is a pretty weak form of authentication. When presented with such a check, your bank would probably honor it before finding out, too late, that it is fraudulent. A variant of this vulnerability is ACH funds transfers.  This is the mechanism through which you could have, say, your utility company automatically withdraw money from your account to pay your bill.  Unfortunately, the transfer is initiated by the recipient, and the system relies largely on trust with some statistical monitoring for suspicious patterns. Basically, the whole US checking system is built with convenience rather than security in mind, since other institutions are able to initiate withdrawal transactions by knowing just the ABA number and account number.  In practice, it works well enough for most people, but if you are paranoid about security, as you seem to be, you don't want to be using checks. The European system, which has largely eliminated checks in favor of payer-initiated push transactions, is safer by design."}
{"_id": "284715", "title": "", "text": "They would definitely buy at premium but how much higher would depend on how they value the company - there are many ways how a PE firm would do this and it\u2019s not easy to guess without knowing more financial information.   I\u2019m a bit curious when you say they would want to buy ALL shares. Typically, PE firm wouldn\u2019t buy out all since they would still require the owner / proprietor to continue developing the products. Unless, the products are matured and it\u2019s a 100% makeover transformation - while this is possible, it\u2019s quite rare, at least from my experience.   If your shares are significant enough and you want to keep it, you may do so but it\u2019ll require massive efforts when you\u2019d want to liquidate later - since it\u2019ll be in a private market, it\u2019ll hard to value for other buyers and the known buyers might squeeze you if you\u2019re desperate to sell.   Disclaimer - some years of experience in PE. Regulations might differ in your geographical location."}
{"_id": "284734", "title": "", "text": "Sorry man, for most finance jobs you are to old for an entry level positions. Firms would much rather give it to a guy fresh out of college (and there are plenty of them) then a 27 year old with no relevant experience.  That being said, there are some areas in finance that are less strict about this, so if you are willing to start at the bottom with a bunch of 22 year olds you have a chance."}
{"_id": "284746", "title": "", "text": "They're wrong. The IRS instructions (pub 969) specifically say: To be an eligible individual and qualify for an HSA ... You [must] have no other health coverage except what is permitted under Other health coverage, later. So no, he is not eligible for HSA if he keeps your coverage. Here's what the same IRS Publication 969 has to say about the excess contributions (contributions in excess of what is allowed): Generally, you must pay a 6% excise tax on excess contributions. See   Form 5329, Additional Taxes on Qualified Plans (including IRAs) and   Other Tax-Favored Accounts, to figure the excise tax. The excise tax   applies to each tax year the excess contribution remains in the   account. You may withdraw some or all of the excess contributions and not pay   the excise tax on the amount withdrawn if you meet the following   conditions. You withdraw the excess contributions by the due date, including extensions, of your tax return for the year the contributions were   made. You withdraw any income earned on the withdrawn contributions and include the earnings in \u201cOther income\u201d on your tax return for the year   you withdraw the contributions and earnings. The 6% excise tax is on top of any other tax (like the regular income tax) that he has to pay on the money."}
{"_id": "284774", "title": "", "text": "The security concept of minimising attack surface could be stretched to apply here, especially if closing the account would mean the end of your relationship with that bank.  Essentially more routes into your finances or personal information means more opportunities for fraud, more accounts to keep an eye on, more logins to remember/store, and even more paperwork/idle cards to check (for unexpected activity and T&C changes), store and eventually shred.  However I had a couple of online-only savings accounts with zero balance for a few years, at a bank where I have other accounts, and I didn;t worry in the slightest.  (You can open the accounts online but have to phone to close them and sitting on hold is too much of a chore for me. Eventually they realised their mistake, brought in a minimum balance requirement, and after giving notice closed accounts with less that that in them)"}
{"_id": "284802", "title": "", "text": "\"The expected holiday sales are \"\"known\"\" or actually guessed at beforehand, and stock prices move in line with these expectations before the holiday. If the actual post holiday sales are more or less in line with the \"\"guess,\"\" little stock price movement takes place. It's when the actual sales differ (materially) from the \"\"guessed\"\" sales that prices move up or down in the appropriate direction.  What happens is that the market \"\"anticipates\"\" or \"\"guesses\"\" first and \"\"reacts\"\" later, if necessary.\""}
{"_id": "284804", "title": "", "text": "&gt; hard work, determination, insight, and brilliance  A lot of unsuccessful entrepreneurs fit that definition. Luck gives you the education, knowledge, and circumstances that are just right for success, without luck even the most brilliant and hardest workers will fail."}
{"_id": "284805", "title": "", "text": "\"Others have given a lot of advice about how to invest, but as a former expat I wanted to throw this in:  US citizens living and investing overseas can VERY easily run afoul of the IRS.  Laws and regulations designed to prevent offshore tax havens can also make it very difficult for expats to do effective investing and estate planning. Among other things, watch out for: US citizens owe US income tax on world income regardless of where they live or earn money FBAR reporting requirements affect foreign accounts valued over $10k The IRS penalizes (often heavily) certain types of financial accounts. Tax-sheltered accounts (for education, retirement, etc.) are in the crosshairs, and anything the IRS deems a \"\"foreign-controlled trust\"\" is especially bad. Heavy taxes on investment not purchased from a US stock exchange Some US states will demand income taxes from former residents (including expats) who cannot prove residency in a different US state. I believe California is neutral in that regard, at least. I am neither a lawyer nor an accountant nor a financial advisor, so please take the above only as a starting point so you know what sorts of questions to ask the relevant experts.\""}
{"_id": "284807", "title": "", "text": "This place has a lot of discussion of tips/tricks/shortcuts.  My advice is avoid most of that.  The same ones posting about the shortcuts are generally the one who then  bitterly complain how unfair CFAI is iin something or other.  Focus on putting in the work is all important."}
{"_id": "284809", "title": "", "text": "\"Here's the detailed section of IRS Pub 590 It looks like you intended to have a \"\"trustee to trustee conversion\"\", but the receiving trustee dropped their ball.  The bad news is, a \"\"rollover contribution\"\" needed to be done in 60 days of the distribution.  There is good news, you can request an extension from the IRS, with one of the reasons if there was an error by one of the financial institutions involved. Other waivers.   If you do not qualify for an automatic waiver, you can apply to the IRS for a waiver of the 60-day rollover requirement. To apply for a waiver, you must submit a request for a letter ruling under the appropriate IRS revenue procedure. This revenue procedure is generally published in the first Internal Revenue Bulletin of the year. You must also pay a user fee with the application. The information is in Revenue Procedure 2016-8 in Internal Revenue Bulletin 2016-1 available at www.irs.gov/irb/2016-01_IRB/ar14.html.    In determining whether to grant a waiver, the IRS will consider all relevant facts and circumstances, including: Whether errors were made by the financial institution (other than      those described under Automatic waiver , earlier); Whether you were unable to complete the rollover due to death, disability, hospitalization, incarceration, restrictions imposed by a      foreign country, or postal error; Whether you used the amount distributed (for example, in the case of payment by check, whether you cashed the check); and How much time has passed since the date of distribution. You can also see if you can get ETrade to \"\"recharacterize\"\" the equity position to your desired target IRA.  The positive here is that the allowed decision window for calendar year 2016 rollovers is October 15 2017; the negatives are this is irrevocable, and restricts certain distributions from the target for a year (unlikely to impact your situation, but, you know, \"\"trust but verify\"\" anonymous internet advice); and it requires ETrade to recognize the original transaction was a rollover to a Roth IRA, which they currently don't.  But if their system lets them put it through you could end up with the amount in a traditional IRA with no other taxable events to report, which appears to be your goal.   Recharacterization FAQ\""}
{"_id": "284813", "title": "", "text": "If an offered price is below what people are willing to sell for, it is simply ignored. (What happens if I offer to buy lots of cars as long as I only have to pay $2 each? Same thing.)"}
{"_id": "284818", "title": "", "text": "You sound like you're in enviable shape.  This is good. Look for deals.  There are tons of people in over their heads (unlike yourself) and they'll be foreclosed on if they don't get out.  You're in a position to buy from a distressed seller.  Assuming your credit rating is good, you can get a good loan for the balance. Time is on your side.  Don't rush.  Look for a great deal.  My feeling is that the deals will only get better for the next year or two."}
{"_id": "284827", "title": "", "text": "Does your company offer matching on 401(k) deposits? Are you depositing at least to the match? If not, that should be priority one.  Kill the card, never pay that kind of interest. Ever. Why are you paying 5%? The 30 year rate is 4% right now, and even if you pay some closing costs, you'll recoup the money quickly.  In general, borrowing to invest is a losing game. I agree, get rid of the HELOC as well. If you refine to 15 years, you can get 3.5%, and in 16 years won't regret the decision."}
{"_id": "284832", "title": "", "text": "Here's a very simple answer, ask your broker/bank.  Mine uses ofx.  When asked if they would reimburse me for any unauthorized activity, the answer was no.  Simple enough, the banks that use it don't feel its secure enough."}
{"_id": "284843", "title": "", "text": "You're buying the operations of firm A for $450, or 4.5x EBITDA. You're buying the operations of firm B for $500, or 5.0x EBITDA.  You're paying a higher multiple for firm B.  Of couse subtracting cash 'skews multiples' - but you need to pull it out. You're paying for a business' ability generate that EBITDA over time. Cash is a one-shot deal. You need to pull it out to get the value of what you're actually investing in."}
{"_id": "284865", "title": "", "text": "As your question is written now, it looks like you have a typo.  Your stated APR is 5.542% = 0.05542, not 0.005542 as you've written.  I ran the numbers that you gave (accounting for the typo) through the formula at Wikipedia and got $849.2528 / month, which will round to $849.25 for most payments.  That doesn't match the number that you computed or the number on your TIL. (Maybe you also miskeyed the result of your calculation?) I agree that it's unlikely that this is just a calculation error by the mortgage company, although I wouldn't completely rule it out.  Are you paying anything else like a property tax escrow?  I didn't pull a blank TIL form to see what might go into the monthly payment line that you showed, but in many cases you do pay more than just principle and interest each month. (Not sure if that gets reflected at that point on the form though.)"}
{"_id": "284879", "title": "", "text": "\ud83d\udc4d\ud83d\ude02 haha I'm also very cynical &amp; jaded, think we all are to differing degrees. I don't get why our free market economy relies on constant and continuous growth in producing goods/services. Doesn't this  contradict the entire point of economics in that there are scarce resources ? How can we keep increasing our production of goods from a limited amount of resources?. I can't see it ending any other way than mass destruction, I mean war and famine will wipe out a massive proportion of the human race from earth &amp; financial systems will collapse as this unrestrained economic 'growth' will get so out of control we'll pass a tipping point where there's just are not enough resources to sustain it. The real value then is in resources not money, money is just something we made up."}
{"_id": "284902", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.imf.org/external/pubs/ft/fandd/2016/06/ostry.htm) reduced by 95%. (I'm a bot) ***** &gt; Is there really a defensible case for countries like Germany, the United Kingdom, or the United States to pay down the public debt? Two arguments are usually made in support of paying down the debt in countries with ample fiscal space-that is, in countries where there is little real prospect of a fiscal crisis.  &gt; For countries with a strong track record, the benefit of debt reduction, in terms of insurance against a future fiscal crisis, turns out to be remarkably small, even at very high levels of debt to GDP. For example, moving from a debt ratio of 120 percent of GDP to 100 percent of GDP over a few years buys the country very little in terms of reduced crisis risk.  &gt; Faced with a choice between living with the higher debt-allowing the debt ratio to decline organically through growth-or deliberately running budgetary surpluses to reduce the debt, governments with ample fiscal space will do better by living with the debt.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ulozq/imf_on_neoliberal_economics/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194154 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **country**^#2 **fiscal**^#3 **growth**^#4 **capital**^#5\""}
{"_id": "284920", "title": "", "text": "\"According to the instructions for IRS Form 8889,  Expenses incurred before you establish your HSA are not qualified medical expenses. If, under the last-month rule, you are considered to be an eligible individual for the entire year for determining the contribution amount, only those expenses incurred after you actually establish your HSA are qualified medical expenses. Accordingly, your medical expenses from year A are not considered \"\"qualified medical expenses\"\" and you should not use funds in your HSA to pay them unless you would like to pay taxes on the distributed funds and a 20% penalty. Publication 969 states very clearly on page 9: How you report your distributions depends on whether or not you use the distribution for qualified medical expenses (defined earlier). If you use a distribution from your HSA for qualified medical expenses, you do not pay tax on the distribution but you have to report the distribution on Form 8889. There is nothing about the timing of contributions versus distributions. As long as the distribution is for a qualified medical expense, the distribution will not be included in gross income and not subject to penalty regardless of how much money you had in your HSA when you incurred the medical expense.\""}
{"_id": "284935", "title": "", "text": "If peak oil is a concern, hedge against the effects of high oil prices.  Reduce your dependence on the gas pump by moving closer to the places you normally drive, or adjust your lifestyle so that you need less.  Buy things now that depend on fossil fuels (there's a long list). If instability is a concern, invest in a place where the chance of instability is less. If a freak event is a concern, think through what the consequences would be, and hedge accordingly. Etc. Etc."}
{"_id": "284942", "title": "", "text": "Yes, I think you're correct. I think it was more like.  Paul Singer: Pay up on time and in full or I will ruin your credit history so bad you'll never be able to get a loan again.   Argentina: Burn the house, we will call the BRIC bank to re-build."}
{"_id": "284944", "title": "", "text": "I am actually partial to the idea of negative taxation systems, here in Australia we have the 'work for the dole' program which is essentially what the author describes, but it is inefficient and demeaning. It would be far more efficient to dramatically reduce the minimum wage and introduce a negative tax rate, or rather bracket the tax rate such that it enters negative territory at some point. This way employers can afford to employ more staff and people would still be compensated through the tax system and end up reasonably well off. So long as the compensation is fair I don't see how this is not preferable to a tax-and-transfer system where the government taxes with one hand and gives with the other?"}
{"_id": "284948", "title": "", "text": "Compound interest. Next time you buy a 100$ toy realize that if you save it - in x years that 100$ you saved and invested could potentially be more than 100$ where as most likely whatever you're buying will be worth much less."}
{"_id": "284968", "title": "", "text": "Make sure you are paid on volume, not people.  Almost all companies have a requirement to recruit a certain number of others.  That's not bad - it ensures the company continues to grow without having to pay advertising and training costs.  That's what the commissions are for.  The largest cost of distributing a product (outside of MLM) is advertising and marketing.  If I remember correctly, this adds up to about 66% of the cost of the product.  If that's true, an MLM has quite a bit of money available to pay commissions and still have their products remain relatively competitive. But, when all is said and done, you should be paid on volume, just like a sales manager position in a company.  A sales manager has to hire and train a sales staff, but once they are out producing, the manager is paid a percentage based on the volume of their sales staff.  If an MLM is setup the same way, then this is good.  If they are setup to pay on recruiting people, then run away as quickly as you can. The biggest problem with recruiting is not whether or not you can do it.  It's whether or not the people you recruit can do it. I have been involved with an MLM of sorts for 10 years.  It pays a nice continual flow of income.  I worked it hard for about 6 years and have coasted ever since.  The problem was attrition.  It was greater than I ever imagined.  It became very disheartening.  I never have and never will be a high pressure person.  I would show them the business and if they were interested, great, if not, great.  The problem was that people became interested, but didn't have the skills to be successful.  I should never have let them join the business.  So, they leave the business and say that MLM is bad.  No, it just wasn't right for them or they weren't right for it. Regardless of what business you join, make sure that you believe that EVERYONE you introduce to the business has the ability to do the same thing you are doing.  If they do, great, otherwise don't even show it to them."}
{"_id": "284982", "title": "", "text": "Dividend yields are a product of the dollar amount paid to shareholders and the stock price. Dividends yields rise when a company is shunned by investors. It may be shunned because the earnings and/or dividend are at risk. Recent examples are SDRL and KMI. Most investors  would love an 8% yield so I would wonder why the stock is being ignored or shunned."}
{"_id": "285024", "title": "", "text": "Considering I'm in a nearly identical situation, I'll speak to my personal strategy and maybe there's some value for you as well.   You have ~$22k in loans, which you say you could pay off today.  So, what I read is that you're sitting there with a $22k investment and want to know which investment to make: pay down debt, invest in yourself/start up, or some variation between those options.  Any investor worth his salt will ask a couple of questions: what is my risk, and what is my gain? Paying off your student loans offers no financial risk at the cost of opportunity risk, and gains you returns of 3.4%, 6.8%, 3.4%, 4.5%, and 6.8%.  Those percentage gains are guaranteed and the opportunity risk is unknown. Investing in a startup is inherently risky, with the potential for big payoffs. But with this investment, you are accepting a lot of risk for potentially some gain (it could be the next Apple, it could also fail).  So, with your situation (like mine), I'd say it's best to accept the easy investment for now and fully vet out your tech start up idea in the meantime."}
{"_id": "285029", "title": "", "text": "\"You say \"\"it's expensive\"\".  I'm going to interpret this as \"\"the monthly payments are too high\"\". Basically, you need to get your old loan paid off, presumably by selling the car you have now.  This is the tough part.  If you sold the car now, how much would you get for it?  You can use Kelley Blue Book to figure out what the car is roughly worth.  That's not a guarantee that it will actually sell for that much.  Look in your local classifieds to see what similar cars are selling for.  (Keep in mind that you will usually get less for your old car if you trade it in versus sell it yourself.) Now, if you owe more than your car is worth, you're in a really tight spot.  If you don't get enough money when you sell it, you are still stuck with the remainder of the loan.  In that case, it is usually best to just stick with the car you have, and be more cautious about payments and loan length the next time you finance a car. Penalties:  Most car loans don't have any kind of early repayment penalty.  However, you should check your loan paperwork just to make sure.\""}
{"_id": "285033", "title": "", "text": "\"Here I thought I would not ever answer a question on this site and boom first ten minutes.  First and foremost I am in the automotive industry, specifically one of our core competencies is finance department management consulting and the sales process both for the sale of the care as well  as  the financial transaction. First and foremost new vehicle gross profits are nowhere near 20% for the dealership.  In an entry level vehicle like say a Toyota Corolla there is only a  few hundreds of dollars in markup from invoice to M.S.R.P.  There is also something called holdback that dealers get for achieving certain goals such as sales volume. These are usually pretty easy to hit. As a matter of fact I have never heard of a dealer not getting the hold back on a deal.  This hold back is there to cover overhead for the car, the cost of getting it ready to sell, having a lot to park it on, making it ready for delivery, offset some of the cost of sales labor  etc.  Most dealerships consider the holdback portion of the invoice to not be part of the deal when it comes to  negotiations.  Certain brands such as KIA and Chrysler have something called \"\"Dealer Cash\"\" these payouts are usually stair stepped according to volume and vary by dealer, location, past history, how the guys at the factory feel that day and any number of combinations.  Then there is CSI or Customer Service Index payments, these payments are usually made every 1/4 are on the Parts Statement not the Sales Doc and while they effect the dealers bottom line they almost never affect the sales managers or sales persons payroll so they are not considered a part of the cost of the car.  They are however extremely important to  the dealer and this is  why after you have your new car they want you to bring in your survey for a free oil change or something.  IF you are going to give a bad survey they want to throw it away and not send it in, if you are going to give a good survey they want to  make sure you fill it out correctly.  This is because lets say they ask you on a scale of 1-10 how was your sales person and you put a 9 that is a failing score. Dumb I know but that is how every factory CSI score system I have seen worked.  According to NADA the average New Vehicle gross profit including hold back and dealer cash is around $1000.00.  No where near 20%.  Dealerships would love it if they made 20% on your new F250 Supercrew Diesel at around $50,000.00.  One last thing there is something on the invoice called Wholesale Finance Reserve.  This is the amount of money the factory forwards to the Dealership to offset the cost of financing vehicle on the floor plan so they can have it for you to look at before you buy.  This is usually equal to around 3 months of interest and while you might buy a vehicle that has been on the lot for 2 days they have plenty that have been there much longer so this equals out in a fair to middling run store. General Mangers that know what they are doing can make this really pad their net profit to statement. On to incentives, there are basically 3 kinds.  Cash to customer in the form of rebates, Dealer Cash in the form of incentives to dealerships based on volume or the undesirability of a vehicle, and incentive rates or Subvented leases.  The rates are pretty self explanatory as they advertised as such (example 0% for 60 Months).  Subvented Leased are harder to figure out and usually not disclosed as they are hard to explain and also a source of increased profit.  Subvented leases are usually powered by lower cost of money called a money factor (think of it as an interest rate) that is discounted from the lease company or a subsidized residual.  Subsidized residuals are virtually verboten on domestic vehicles due to their poor resell values.  A subsidized residual works like this, you buy a Toyota Camry and the ALG (automotive lease guide) says it has a residual at 36 months of 48%.  Well Toyota Motor Credit says we will give you a subvented residual of 60% basically subsidizing a 2% increase in residual.  Since they do not expect to be able to sell the car at auction for that amount they have to set aside the 2% as a future expense.  What does this mean to you, it means a lower payment.  Also a good rule of thumb if you are told a money factor by your salesperson to figure out what the interest rate is just multiply it by 2400.  So if a money factor is give of .00345 you know your actual interest rate is a little bit lower than 8.28% (illustration purposes only money factors are much lower than that right now). So how does this save you money well a lease is basically calculated by multiplying the MSRP by the residual and then subtracting that amount from the \"\"Capitalized Cost\"\" which is the Price paid for the car - trade in + payoff + TT&L-Rebate-Down Payment.  That is the depreciation.  Then you divide that number by the term of the loan and you have the depreciation amount.  So if you have 20K CC and 10K R your D = 10K / 36 = 277 monthly payment.  For the rest of the monthly payment you add (I think been a long time since I did this with out a computer) the Residual plus the CC for $30,000 * MF of .00345 = 107 for a total payment of 404 ish.  This is not completely accurate but you can use it to  make sure a salesperson/finance person is not trying to do one thing and  say another as so often happens on leases. 0% how the  heck do  they make money at that, well its simple.  First in 2008 the Fed made all the \"\"Captive\"\" lenders into actual banks instead of whatever they were before.  So now they have access to the Fed's discounting window which with todays monetary policies make it almost free money.  In the past these lenders had to go through all kinds of hoops to raise funds and  securitize loans even for super prime credit.  Those days are essentially over.  Now they get their short term money just like Bank of America does.  Eventually they still bundle these loans and sell them.  So in the short term YOU pay for the 0% by giving up part or all of your rebate.  This is really important DO NOT GIVE up your rebate for 0% unless it makes sense to do so.  When you can get the money at 2.5% and get a $7000.00 rebate (customer cash) on that F250 or 0% take the cash.  First of all make the finance guy/gal show you the the difference in total cost they can do do this using the federal truth in lending disclosures on a finance contract.  Secondly how long will you keep the vehicle?  If you come out ahead by say $1500 by taking the lower rate but you usually trade out every three years this is not going to work.  Also and this is important if you are involved in a situation with a total loss like a stolen car or even worse a bad wreck before the breakeven point you lose that price break.  Finally on judging what is right for you, just know that future value of the vehicle on for resell or trade-in will take into effect all of these past rebates and value the car accordingly.  So if a vehicle depreciates 20% a year for the first 3 years the starting point will essentially be $7000.00 less than you actually paid,  using rough numbers. How does this help the dealers and car companies?  Well while a dealer struggles to make money on new cars the factory makes all of their money on the  new cars and the new car financing.  While your individual loan might lose money that money is offset by the loss of rebate and I think Ford does actually pay Ford Motor Credit Company the difference in the rate.  The most important thing is what happens later FMCC now has 2500 loans with people with perfect credit.  They can now use those loans to budle with people with not so perfect credit that they financed at 12%-18% and buy that money with interest rates in the 2%-3% range.  Well that is a hell of a lot of profit.  'How does it help the dealership, well the more super prime credit they have in their portfolio the more subprime credit the banks will buy for them.  This means they have more loans originated that are more profitable for them.  Say you come in for the 0% but have 590 credit score, they get FMCC to buy the deal because they have a good portfolio and you win because the dealer gets to buy the money at say 9% and sell it to you at say 12% making the spread.  You win there because you actually qualified for a rate of around 18% with a subprime company like Santander or Capital One (yes that capital one) so  you save a ton on your overall cost of the car. Any dealership that is half way well run makes as much or money in the finance and insurance office than the rest of the dealership.  When you factor in what a good F&I Director can do to get deals done with favorable terms that really goes up.  Think about that the guys sitting a desk drinking coffee making more than the  service department guys all put together. Well that was long winded but there I broke down the car business for whoever read this far.\""}
{"_id": "285041", "title": "", "text": "\"Companies normally do not give you X% of shares, but in effect give you a fixed \"\"N\"\" number of shares. The \"\"N\"\" may translate initially to X%, but this can go down. If say we began with 100 shares, A holding 50 shares and B holding 50 shares. As the startup grows, there is need for more money. Create 50 more shares and sell it at an arranged price to investor C. Now the percentage of each investor is 33.33%. The money that comes in will go to the company and not to A & B.   From here on, A & C together can decide to slowly cut out B by, for example: After any of the above the % of shares held by B would definitely go down.\""}
{"_id": "285049", "title": "", "text": "No Ford executive went to jail for knowingly selling the fire bomb Pinto because it was cheaper to litigate the deaths than modify the design of the vehicle. Says a lot about our court system and corporate accountability.  Then there is Blue Bell ice cream."}
{"_id": "285064", "title": "", "text": "Fundamentally interest rates reflect the time preference people place on money and the things money can buy.  If I have a high time preference then I prefer money in my hand versus money promised to me at some date in the future.  Thus, I will only loan my money to someone if they offer me an incentive which would be an amount of money to be received in the future that is larger than the amount of money I\u2019m giving the debtor in the present (i.e. the interest rate). Many factors go into my time preference determination.  My demand for cash (i.e. my cash balance), the credit rating of the borrower, the length of the loan, and my expectation of the change in currency value are just a few of the factors that affect what interest rate I will loan money. The first loan I make will have a lower interest rate than the last loan, ceteris paribus.  This is because my supply of cash diminishes with each loan which makes my remaining cash more valuable and a higher interest rate will be needed to entice me to make additional loans.  This is the theory behind why interest rates will rise when QE3 or QEinfinity ever stops.  QE is where the Federal Reserve cartel prints new money to purchase bonds from cartel banks.  If QE slows or ends the supply of money will stop increasing which will make cash more valuable and higher interest rates will be needed to entice creditors to loan money. Note that increasing the stock of money does not necessarily result in lower interest rates.  As stated earlier, the change in value of the currency also affects the interest rate lenders are willing to accept.  If the Federal Reserve cartel deposited $1 million everyday into every US citizen\u2019s bank account it wouldn\u2019t take long before lenders demanded very high interest rates as compensation for the decrease in the value of the currency. Does the Federal Reserve cartel affect interest rates?  Yes, in two ways.  First, as mentioned before, it prints new money that is loaned to the government.  It either purchases the bonds directly or purchases the bonds from cartel banks which give them cash to purchase more government bonds.  This keeps demand high for government bonds which lowers the yield on government bonds (yields move inverse to the price of the bond).  The Federal Reserve cartel also can provide an unlimited amount of funds at the Federal Funds rate to the cartel member banks.  Banks can borrow at this rate and then proceed to make loans at a higher rate and pocket the difference. Remember, however, that the Federal Reserve cartel is not the only market participant.  Other bond holders, such as foreign governments and pension funds, buy and sell US bonds.  At some point they could demand higher rates.  The Federal Reserve cartel, which currently holds close to 17% of US public debt, could attempt to keep rates low by printing new money to buy all existing US bonds to prevent the yield on bonds from going up.  At that point, however, holding US dollars becomes very dangerous as it is apparent the Federal Reserve cartel is just a money printing machine for the US government.  That\u2019s when most people begin to dump dollars en masse."}
{"_id": "285077", "title": "", "text": "He helped build the world's biggest scam, where people effectively steal money from their future selves, and give part of it to Uber.  Because Uber is the world's biggest payday loan scam, with interest at 25%.   But instead of simply going to Uber to borrow money, you have to drive a fuckton of miles in your car, to borrow that money from yourself, and pay Uber for the privelege.  So, if you are driving for Uber, you are either retarded, or desperate, and most likely, both."}
{"_id": "285085", "title": "", "text": "\"Lots of questions: In general, no. Market Capitalization and Equity represent 2 different things.  Equity first, the equity of a firm is the value of the assets (what it owns) less its liabilities (what it owes) and consists (broadly) of two components - share capital (what the firm gets when it sells to investors as part of an IPO or subsequent share issue) and retained earnings (what the firm has as a result of making profits and not paying them out as dividends). This is the theoretical liquidation value of the firm - what it is worth if it stops trading, sells all its assets and pays all its debts. Market Capitalization is the current value of the future cash flow of the firm as perceived by the market - the value today of all the dividends that the firm will pay in the future for as long as it exists. This is the theoretical going concern value of the firm - what it is worth as a functioning business. In general, Market Capitalization is bigger than Equity - if it isn't the firm is worth more as scrap than as an operating business. Um ... no. If you don't have any shares then you are by definition not an owner. Having shares is what makes you an owner. What I think you mean is, is it possible for the owner(s) of a private company to sell all of its shares when it goes public? The answer is yes. It is uncommon for a start-up owner to do this but it is standard practice for \"\"corporate raiders\"\" who buy failing companies, take them private, restructure them and then take them public again - they have done their job and they are not interested in maintaining an ownership stake. Nope. See above and below. Not at all, equity is an accounting construct and market capitalization is about market sentiment. Consider the following hypothetical firm: It has $1m in equity, it makes $4m in profit and will do for the foreseeable future, it pays all of that $4m out as dividends - if we work on a simple ROI of 10% then this firm is worth $40m dollars - way more than its equity.\""}
{"_id": "285091", "title": "", "text": "Wow you're right: Pok\u00e9mon is a media franchise owned by Nintendo, created in 1995 and debuted in 1996. It is the highest-grossing entertainment media franchise of all time, having grossed more than $70 billion in revenue, surpassing Star Wars.  I stand corrected"}
{"_id": "285105", "title": "", "text": "I don't see it getting blocked in a world of Kraft-Heinz and WalMart, CVS, Target, etc. Then again, I could be completely freaking wrong, and the wisdom of the market has left more than a few corpses behind its wake.   EDIT: I'm a corpse, but not for the reason of blocking."}
{"_id": "285112", "title": "", "text": "&gt; The reason that the minimum wage exists is because of protectorate and nationalist business practices, nothing more. It may be a good thing, and a right thing, and I agree that it is, but it isn't because of compassion. It's because at the time that the concept of minimum wage was negotiated and discussed, there wasn't really such a thing as outsourcing. Companies could not outsource their labour to other markets, because for a large time there was no other market to outsource to. The concept of shipping jobs to China, or India, or Brazil, or, in fact, anywhere else, simply didn't exist.  Can you explain how minimum wage laws were a result of protectorate and nationalist business practices? Thanks in advance."}
{"_id": "285124", "title": "", "text": "&gt;Goldman Sachs\u2019s asset-management unit bought the securities, sold by Petroleos de Venezuela SA, through a broker and had no interaction with the government, the New York-based firm said in a statement.   Source: https://www.bloomberg.com/news/articles/2017-05-30/goldman-sachs-faces-venezuela-probe-protest-after-bond-purchase  Purchasing these bonds on the secondary market and from PDVSA are not mutually exclusive. Quit being a dick."}
{"_id": "285126", "title": "", "text": "\"I may be underestimating your knowledge of how exchanges work; if so, I apologize.  If not, then I believe the answer is relatively straightforward. Lets say price of a stock at time t1 is 15$ .  There are many types of price that an exchange reports to the public (as discussed below); let's say that you're referring to the most recent trade price.  That is, the last time a trade executed between a willing buyer and a willing seller was at $15.00. Lets say a significant buy order of 1M shares came in to the market. Here I believe might be a misunderstanding on your part.  I think you're assuming that the buy order must necessarily be requesting a price of $15.00 because that was the last published price at time t1.  In fact, orders can request any price they want.  It's totally okay for someone to request to buy at $10.00.  Presumably nobody will want to sell to him, but it's still a perfectly valid buy order. But let's continue under the assumptions that at t1: This makes the bid $14.99 and the ask $15.00.  (NYSE also publishes these prices.) There aren't enough people selling that stock. It's quite rare (in major US equities) for anyone to place a buy order that exceeds the total available shares listed for sale at all prices.  What I think you mean is that 1M is larger than the amount of currently-listed sell requests at the ask of $15.00. So say of the 1M only 100,000 had a matching sell order and others are waiting. So this means that there were exactly 100,000 shares waiting to be sold at the ask of $15.00, and that all other sellers currently in the market told NYSE they were only willing to sell for a price of $15.01 or higher.  If there had been more shares available at $15.00, then NYSE would have matched them. This would be a trigger to the automated system to start increasing the price. Here is another point of misunderstanding, I think.  NYSE's automated system does not invent a new, higher price to publish at this point.  Instead it simply reports the last trade price (still $15.00), and now that all of the willing sellers at $15.00 have been matched, NYSE also publishes the new ask price of $15.01.  It's not that NYSE has decided $15.01 is the new price for the stock; it's that $15.01 is now the lowest price at which anyone (known to NYSE) is willing to sell.  If nobody happened to be interested in selling at $15.01 at t1, but there were people interested in selling at $15.02, then the new published ask would be $15.02 instead of $15.01 -- not because NYSE decided it, but just because those happened to be the facts at the time. Similarly, the new bid is most likely now $15.00, assuming the person who placed the order for 1M shares did not cancel the remaining unmatched 900,000 shares of his/her order.  That is, $15.00 is now the highest price at which anyone (known to NYSE) is willing to buy. How much time does the automated system wait to increment the price, the frequency of the price change and by what percentage to increment etc. So I think the answer to all these questions is that the automated system does none of these things.  It merely publishes information about (a) the last trade price, (b) the price that is currently the lowest price at which anyone has expressed a willingness to sell, and (c) the price that is currently the highest price at which anyone has expressed a willingness to buy. ::edit:: Oh, I forgot to answer your primary question. Can we estimate the impact of a large buy order on the share price? Not only can we estimate the impact, but we can know it explicitly.  Because the exchange publishes information on all the orders it knows about, anyone tracking that information can deduce that (in this example) there were exactly 100,000 shares waiting to be purchased at $15.00.  So if a \"\"large buy order\"\" of 1M shares comes in at $15.00, then we know that all of the people waiting to sell at $15.00 will be matched, and the new lowest ask price will be $15.01 (or whatever was the next lowest sell price that the exchange had previously published).\""}
{"_id": "285135", "title": "", "text": "\"The IRS has been particularly vague about the \"\"substantially identical\"\" investment part of the wash rule.  Many brokers, Schwab for instance, say that only identical CUSIPs (exactly the same ETF) matter for the wash rule in their internal calculations, but warn that the IRS might consider two ETFs over the same index to be substantially identical.  In your case, the broker has chosen to call these a wash despite even having different underlying indices.  Talking to the broker is the first step as they will report it to the IRS.  Though technically you have the final say in your taxes about the cost basis,  discussing this with the IRS could be rather painful. First though it is probably worth checking with your broker about exactly what happened.  There are other wash sale triggers that frequently trip people up that may have been in play here.\""}
{"_id": "285141", "title": "", "text": "Is this true? Yes. Do student loan companies provide predatory lending practices? It appears some do. Does anyone force a student or family to sign the dotted line on their student loans entrapping them in many tough financial years? No. People want to blame others for their problems far too often. How about cash flowing a cheap community college? How about applying for HUNDREDS (yes I said multiple hundreds) of scholarships? How about saving from the age you're able to work until college? How about not picking the most expensive out of state education just because you saw them playing a sports game on ESPN? This system is a mess, I don't disagree there. I think all of this reverts back to the signers of these loans. Plus when people are in massive student loan debt they don't fully commit to getting out of it and working every job possible."}
{"_id": "285147", "title": "", "text": "Robert Kiyosaki repeatedly stressed that starting your own business is risk free and the easiest way to get rich, yet he's never done it - and has actually failed in business 3 times. He won't release his real estate investment history or his stock market investments.   After failing many times he had no money until he joined network marketing groups to sell these books, he has made his money from his courses and books and has probably lost money from actual investments - I say this because most of his property investments were bought when market prices were very high. He's also stated that he essentially speculates on stock prices, when his broker phones him with the idea that a stock is about to go up he will shift lots of money into those stocks.  If you'd like to read more, this exposes everything about him: [http://www.johntreed.com/Kiyosaki.html#bothsides](http://www.johntreed.com/Kiyosaki.html#bothsides)  [Wall street journal article about him and Donald Trump.](http://online.wsj.com/article/SB116052181216688592.html?mod=money_page_left_hs)  [Another video about 'get rich quick real estate gurus' ](http://www.youtube.com/watch?v=wx2KMUvqRIM&amp;feature=player_embedded)  This is turning into a cult following with people spending thousands on credit cards to go to these courses and receive this poor advice, please watch this BBC documentary to see the way people are acting about this 'get rich quick real estate' scheme: [BBC Iplayer link](http://www.bbc.co.uk/iplayer/episode/b017xgn6/Money_Who_Wants_to_be_a_Millionaire/)"}
{"_id": "285176", "title": "", "text": "The assumption that bonds have been issued with a negative coupon is not correct, or at least is has not occurred thus far.  We'll look at this future possibility in the final paragraph. For now, lets look at the current bond market. The issuance of government bonds which carry a negative gross redemption yield is the result of governments issuing bonds at an issue price which exceed the nominal/redemption price and any coupon yield receivable over the life of the bond.  I can find no instances of bonds with a negative coupon, though many have tiny positive coupon yields. The short seller of a bond with a negative gross redemption yield will be liable to pay the buyer the interest amount determined by the coupon.  If the short seller has borrowed the bonds in order to sell them, then the short seller will receive the interest due from the lender to offset the interest paid to the buyer.  If the short seller has not borrowed the bonds, but has sold them using some sort of synthetic contract such as a Contract for Difference, then the short seller will pay the coupon without receiving any offsetting payment. I thought this was an interesting question and it will be interesting to see if, at some time in the future, governments do ever issue bonds with a negative coupon.  To date, this does not appear to have happened. So what would happen if we assume that a government issues a bond with a negative coupon.  The buyer of the bond would be required to pay the equivalent yield to the government according to the bond contract specification.  If an investor sells short such a bond, they would then become entitled to receive the interest from the buyer.  If they have borrowed the bonds in order to sell them short, then they would pay any interest received back to the lender - this chain should eventually end with the ultimate owner/lender paying the government their dues.  If they have sold short using a synthetic contract, then presumably they would keep the interest from themselves."}
{"_id": "285177", "title": "", "text": "\"You can report it as illegal income and you don't have to elaborate any further.  For instance, spirit the cash off to a state where pot is legal and set up a dispensary.  That is not legal at the Federal level, so it is in fact \"\"illegal income\"\" vis-a-vis your Form 1040 and that's all you say. Make sure you look, walk, and quack like a fairly successful pot distributor. That will most likely be the end of their inquiry, since they're not terribly driven to investigate the income you do report.  Having to give 33% of it to the IRS is generally strong motivation for folks to not report fake income.  You're not claiming the money is from pot, you're allowing them to infer it.\""}
{"_id": "285178", "title": "", "text": "The explanation of the fact, what happens when a customer enters a business at the beginning makes a good beginning of the discussion that was done in the article. And it's true that:  Customer's leave never even thinking of returning and these day's they dont buy whatever you sell they always confirm the thing by directly dialling you. And companies do face a good difficulty converting most of the on the fence customer's as well. This is the reason we must put value to our [Fence Sitting Prospect](https://www.convergehub.com/blog/tips-persuade-fence-sitting-prospects-get-off-fence)."}
{"_id": "285185", "title": "", "text": "\"First of all, congratulations on saving some money. So many people these days do not even get that far. As far as investments, what is best for you depends heavily on your: Here is a quick summary of types of assets that are likely available to you, and my thoughts on why they may or may not be a good fit for your situation. Cash Equivalents Cash Equivalents are highly liquid, meaning you can get cash for them on fairly short notice. In particular, Money Markets and Certificates of Deposit (CDs) are also considered very safe when issued by a bank, as they are often insured against loss by the government up to a certain amount (this varies quite a lot by country within Europe, see the Wikipedia article here for additional detail. Please note that in the case of a CD, you are usually unable to get access to your money for the length of the investment period, which is usually a short period of time such as 3 months, 6 months, or 1 year. This is a good choice if you may need your money back on short notice, and your main goal is to preserve your principal. However, the returns tend to be very low and often do not keep pace with inflation, meaning that over several years, you may lose \"\"real\"\" purchasing power, even if you don't lose nominal value in your account. Special Note on Cash Equivalents If the money you want to invest is also your Emergency Fund, or you do not have an Emergency Fund, I would highly recommend Cash Equivalents. They will provide the highest level of Liquidity along with a short Time Horizon so that you can get your money as needed in the case of unforeseen expenses such as if your car breaks down. Debt Debt investments include government and corporate bonds. They are still considered relatively safe, as the issuer would need to default (usually this means they are in bankruptcy) in order for you not to be paid back. For example, German bonds have been considered safer than Greek bonds recently based on the underlying strength of the government. Unlike Cash Equivalents, these are not guaranteed against loss, which means that if the issuer defaults, you could lose up to 100% of your investment. Bonds have several new features you will need to consider. One is interest rate risk. One reason bonds perform better than cash equivalents is that you are taking on the risk that if interest rates rise, the fixed payments the bond promises will be worth less, and the face value of your bond will fall. While most bonds are still very Liquid, this means that if you need to sell the bond before it matures, you could lose money. As mentioned earlier, some bonds are riskier than others. Given that you are looking for a low-risk investment, you would want to select a bond that is considered \"\"invesment grade\"\" rather than a riskier \"\"junk\"\" bond. Debt investments are a good choice if you can afford to do without this money for a few years, and you want to balance safety with somewhat better returns than Cash Equivalents. Again though, I would not recommend investing in Debt until you have also built up a separate Emergency Fund. If you do choose to invest in bonds, I recommend that you diversify your risks by investing in a bond fund, rather than in just one company's or government's debt. This will reduce the likelihood that you will experience a catastrophic loss. Ownership Ownership assets includes stocks and other assets such as real estate and precious metals such as gold. While these investments can have high returns, in your situation I would strongly recommend that you not invest in these types of investments, for the following reasons: For these reasons, debt is considered a safer investment than equity for any particular company, government, or the market as a whole. Ownership assets are a good choice for people who have a high Risk Tolerance, long Time Horizon, low Liquidity needs, and will not be bothered by larger potential changes in the value of the investment at any given time. Special Note on Gold I would consider Gold a very risky investment and not a good fit for you at the moment based on what you've shared in your question. Gold is considered \"\"safe\"\" in the sense that people believe that if the economy goes into recession, depression, or collapses entirely, gold will continue to be valuable. In a post-apocalyptic world where paper money became worthless, it is still a good bet that gold will always be considered valuable within human society as a store of value. That being said, the price of gold fluctuates almost entirely based on how bad people think things are going to get. Think about the difference between gold and a company like Coca-Cola. Would you like to own 100% of Coca-Cola? Of course, because you know there is a very good chance that people will continue to spend money all over the world on their products. On the other hand, gold itself produces no products, no sales, no profits, and no cash flow. As such, if you buy gold, you are really making a speculative bet that gold will be in higher demand tomorrow than it is today. You are buying an asset (the gold) rather than part of a company's equity or debt that is designed to throw off payments to its investors in the form of bond payments or dividends. So, if people decide next year that things are improving, it is possible that gold could lose value, given that gold prices are at historically high levels. Gold could be a good choice for someone who has a large, well-diversified investment portfolio, and who is looking for a hedge to protect against inflation and other risks that they have taken on via their other investments. I hope that is helpful - best of luck in your choices. Let us know what you decide!\""}
{"_id": "285186", "title": "", "text": "Assuming you're in the US, you can buy the house from your parents for $100k with a mortgage, and the excess value (less annual gift limit) will count against your unified federal gift and estate tax exemption. So at $300k value you'd take $172k against your total exemption ($200k value over price paid, less $14k per parent). No gift tax liability on your parents' end, unless the exemption has already been used up."}
{"_id": "285188", "title": "", "text": "The DEA does care a lot. You are very, very, very unlikely to be busted by the DEA for following your states laws. Youre talking about one family.    Edit: looked more into this article. It doesnt mention the DEA anywhere, and this is on their closing remarks. This page to be taken with a spoonful of salt:  &gt;Trust in the mainstream media is at a historic low\u2014and rightfully so given the behavior of many journalists in Washington, D.C.  &gt;**Ever since Donald Trump was elected president, it is painfully clear that the mainstream media covers liberals glowingly and conservatives critically.**  &gt;**Now journalists spread false, negative rumors about President Trump before any evidence is even produced.**"}
{"_id": "285214", "title": "", "text": "The company could use registered shares with restricted transferability, i.e. shares that require the consent of the issuing company for a change of ownership."}
{"_id": "285220", "title": "", "text": "Yes brokers will act as a counter party in most cases, matching buyers and sellers or taking a position themselves if the hedge matches their needs.   Not sure if individuals can buy swaps through a broker.   One other point, depending on the credit worthiness of the out of the money party, collateral must be posted. This means if the value of the swap is $1000 to A (-$1000 to B), B must give A some safe asset (cash or treasuries) in case B cannot fulfill his obligation to oay $1.25."}
{"_id": "285234", "title": "", "text": "\"I strongly doubt your numbers, but lets switch the question around anyway.   Would you borrow 10k on your house to buy stocks on leverage?  That's putting your house at risk to have the chance of a gain in the stock market (and nothing in the market is sure, especially in the short term), and I would really advise against it.  The decision you're considering making resolves down to this one. Note: It is always better to make any additional checks out as \"\"for principal only\"\", unless you will be missing a future payment.\""}
{"_id": "285237", "title": "", "text": "\"Interesting point to raise; but lacking in background... the condition is [self-inflicted](https://www.forbes.com/2009/08/25/american-medical-association-opinions-columnists-shikha-dalmia.html); and we've known that for some time.  Immigration has been a life-line here; but anti-trust action is what's needed more than immigration policy. But to paint immigrant doctors as \"\"injecting fragility and dependency into [our] healthcare system\"\" is misleading; it's more a blood donation keeping us alive while we figure out how to recoup our bone marrow... stopping the blood donation won't cure the marrow; it will just make everything worse until that root cause is addressed.\""}
{"_id": "285238", "title": "", "text": "Yes, if your IRR is 5% per annum after three years then the total return (I prefer total rather than your use of actual) over those three years is 15.76%. Note that if you have other cashflows in and out, it gets a bit more complicated (e.g. using the XIRR function in Excel), but the idea is to find an effective annual percentage return that you're getting for your money."}
{"_id": "285255", "title": "", "text": "\"I'm afraid the great myth of limited liability companies is that all such vehicles have instant access to credit.  Limited liability on a company with few physical assets to underwrite the loan, or with insufficient revenue, will usually mean that the owners (or others) will be asked to stand surety on any credit. However, there is a particular form of \"\"credit\"\" available to businesses on terms with their clients.  It is called factoring. Factoring is a financial transaction   whereby a business sells its accounts   receivable (i.e., invoices) to a third   party (called a factor) at a discount   in exchange for immediate money with   which to finance continued business.   Factoring differs from a bank loan in   three main ways. First, the emphasis   is on the value of the receivables   (essentially a financial asset), not   the firm\u2019s credit worthiness.   Secondly, factoring is not a loan \u2013 it   is the purchase of a financial asset   (the receivable). Finally, a bank loan   involves two parties whereas factoring   involves three. Recognise that this can be quite expensive.  Most banks catering to small businesses will offer some form of factoring service, or will know of services that offer it.  It isn't that different from cheque encashment services (pay-day services) where you offer a discount on future income for money now. An alternative is simply to ask his clients if they'll pay him faster if he offers a discount (since either of interest payments or factoring would reduce profitability anyway).\""}
{"_id": "285259", "title": "", "text": "This is the S&P a bit over 20 years. If you've discovered a way to sell at 1400 in 2000, buy at 800 or so in 2003, sell again, well, you get the idea.  There's strong evidence the typical investor hears the S&P is making new highs and rushes in. It's this influx that may send stocks higher from here, until the smart money senses 'overbought' and bails.  I am not the smart money, but my ability to ignore emotion, and use asset allocation naturally had me selling a bit into each run up, and of course buying during downturns. Not all or none, and not with any perfect timing, just at year end when I'm rebalancing.  I am not a fan of short term timing, although I do respect Victor's observations and excellent example of when it's been shown to work."}
{"_id": "285296", "title": "", "text": "I've had similar thoughts about Orrin Hatch. There's lots of talk that this is his last term. I think that has affected his decision making process. He's more willing to be an actual representative is what it seems like"}
{"_id": "285301", "title": "", "text": "As @littleadv's comment on your question said, it is unlikely that you and your husband paid a total of $5K in income tax on $185K of wages in 2013. More likely, your 2013 tax return (assumed to be a Married Filing Jointly tax return) showed that you had not arranged to have  enough tax withheld from your salaries and thus you still owed $5K  to the IRS for 2013 taxes. Most likely, that $5K sum included not just the unpaid amount of tax but also  penalties for not paying enough income tax during 2013 and interest on the amounts not paid on time.  Just to be clear, note that the income tax you paid for 2013 during 2013 is the total of all income tax withheld from your wages by your employers (plus any estimated tax payments that you might have made for 2013). If your 2014 tax return (that you will be filing by April 15, 2015)  will likely show a similar amount due for 2014 taxes, you can avoid  the penalties and interest by increasing  your income tax withholding by a substantial amount for the remainder of 2014. If you are paid monthly and have two paychecks still to be received, then having $2500 extra withheld from each paycheck will cover the $5K shortfall that you expect to have for 2014 taxes. I assume that this is what your husband intended you to do, and to do  this, you need to fill out a new W-4 Form (asking that an addiitonal  $2500 be withheld from each paycheck) and give this form to your employer soon (i.e. well before Payroll processes your next paycheck which usually happens a few days before you get the paycheck).  If you do so, your take-home pay will be reduced by $2500 on each of the next two monthly paychecks because your employer will withhold this extra amount from your pay and include it in the amount sent to the IRS as income tax withheld from your paycheck. After your last paycheck for 2014 has been received, you should submit a new W-4 Form to your asking for only $417 in extra income tax to be withheld from each paycheck starting January 1, 2015, so that  the expected $5K shortfall for 2015 is paid in 12 equal monthly installments. If you neglect to do this, your employer will continue to withhold $2500 extra as income tax, and you will get $2500 less in take-home pay month after month in 2015. This money will not disappear forever; come 2016 when you file your income tax return for 2015, you will receive a substantial refund because you overpaid income tax by a lot during 2015. You will not, however, receive any interest on the amount that the IRS is returning to you unless the IRS delays in sending you the refund for some reason.  Alternatively, you can file a new W-4 asking for no additional tax to be withheld from 2015 paychecks, and a year from now, go through the same exercise as above: have $2500 extra withheld from the last two paychecks for 2015, right when the holidays are coming and people are shopping for gifts."}
{"_id": "285317", "title": "", "text": "I have no choice but to write a few checks a month. That's the only way the recipient will allow me to pay them. It's annoying af but I have no alternative. I suspect that's the same for many people. It's not us who wants to retain checks, it's stupid corporations and government agencies who will only accept checks or who charge extra for paying with a debit or credit card."}
{"_id": "285342", "title": "", "text": "If you're good with numbers and understand basic principles of accounting, I suggest using GnuCash - free and open-source accounting software which will provide for all your needs and more. If you're not so comfortable with self-service, many tax preparers also provide bookkeeping services. It can cost somewhere from $50/hour, and you should shop around and also look for references. The bookkeeper doesn't have to be the one to do your taxes, but it will probably make it easier on you to have the same person do all of it."}
{"_id": "285372", "title": "", "text": "Profit, by definition, is what you don't spend on other things.  They reinvested $3 billion into R&amp;D.   What an absolutely misleading, BS title.  If you want to say 3 billion out of 18 billion net income isn't  enough have at it.  But any journalist reporting on such things should know better."}
{"_id": "285395", "title": "", "text": "It is certainly legal to transfer money between people, no matter how often, as long as the money is not originally from illegal sources. If you are gaining in the process, you need to pay taxes on your (net) gain, as on any income; but as always, taxed income is still income. Consider the accumulating transaction cost, the inherent risk (of your friend keeping the money), and the risk of the exchange rate going the other way; but otherwise it is a simple arbitrage business. There are thousands of people who do that all year long at stock exchanges and money markets; you might be able to do it more efficient there, and you don't need a 'friend' on the other side for that."}
{"_id": "285406", "title": "", "text": "If you are thinking IT infrastructure management is not an important role for handle any business then you might not aware with this.You should have a look at this piece of content which is describing the robust network infrastructure role in achieving your business goals."}
{"_id": "285409", "title": "", "text": "\"I'm currently using You Need A Budget for this. It lets you track spending my category and \"\"save\"\" money in particular accounts from month to month. They also have some strong opinions about how one should manage one's cashflow, so check it out to see if it'll work for you. It's neither web-based nor free, but the licensing terms are very reasonable.\""}
{"_id": "285411", "title": "", "text": "Unfortunately I don't know if the experiments can really get to the heart of the economic complexities to really prove how the model could work. There are only so many programs that could be cut to provide funding and that doesn't begin to pay for the programs. The only thing I can find that would begin to cover costs is to start taxing wealth instead of income. And even there you'd have to get SO MANY countries to agree in principle on taxation in order to get started that it would be extremely difficult to get started."}
{"_id": "285420", "title": "", "text": "But Greece is in the EU - therefore the one-armed drug addict has the means to get money from his relatives. Because most of the relatives have an alcohol problem (Spain, Portugal, Italy, France) they turn to their hard-working but slightly naive neighbours (Austria,Germany,Netherlands) for money. They believe that they\u00b4ll have to pay for just one last dose of crack cocaine and then the Greeks will kick the habit."}
{"_id": "285434", "title": "", "text": "\"I think it's a good idea but you can't just say \"\"we're interviewing some of the biggest crowdfunding successes\"\" and not really have any proof that you have some big names to interview. Maybe you should think up your own questions, get the first interview out of the way to prove you can get the big names, post it to reddit and then get people involved for the second interview.\""}
{"_id": "285449", "title": "", "text": "You should have a partnership agreement of some sort.  The reason partnership agreements exist is so nobody can change the game because of the outcome.   I'd say the most typical partnership agreement is that everyone gets an equal cut, meaning that everyone also makes an equal contribution.  If you have start up expenses of $10,000, you'd each contribute $5,000.  Separately, you can determine ownership share by contribution amounts, maybe one of you contributed $2,000 and the other $8,000; this would be an 80/20 split. The performance of the operation doesn't have anything to do with determining how to divide the pie, your partnership agreement determines that.  How much have you each contributed and what agreement did you make before you decided to be partners? If you have a poor performing business segment, then the partnership should get together and consider adjusting or stopping that line of business.  But you don't change how the pie is divided because of it; unless your partnership agreement says you do."}
{"_id": "285454", "title": "", "text": "It's really great to post my comments on such a blog. I would like to appreciate the great work done by the web master and would like to tell everyone that they should post their interesting comments and should make this blog interesting. Once again I would like to say keep it up to blog owner!!!!"}
{"_id": "285466", "title": "", "text": "Like others have said, mutual funds don't have an intraday NAV, but their ETF equivalents do. Use something like Yahoo Finance and search for the ETF.IV. For example VOO.IV. This will give you not the ETF price (which may be at a premium or discount), but the value of the underlying securities updated every 15 seconds."}
{"_id": "285472", "title": "", "text": "\"&gt; Seven U.S. states currently don't have an income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming.   So to be clear, you were talking about just income tax in your original comment? Or do those states have no other forms of tax whatsoever? I am still confused because you just said \"\"state tax\"\" in your original comment and did not specify a specific type of taxation like \"\"income tax\"\" or \"\"property tax\"\" or \"\"business tax\"\" or \"\"sales tax\"\" within the state.\""}
{"_id": "285481", "title": "", "text": "People who work in IT will find it easier to work past retirement doing freelance work, but they probably made enough money that they won't have to. I always urge people to get into IT, specifically programming or web development, because there are so many advantages.  By the way, changes in technology actually guarantees more work. I recently had to come up with a replacement for a Java applet."}
{"_id": "285493", "title": "", "text": "Well you've got to think about the process, but first make sure the thing you want to pay for is actually a qualified dependent care expense.  Here is a list of eligible expenses from a national FSA administrator. This process will tie up your money for some amount of time.  Your deduction will come out like clockwork.  But there is a time-delay of potentially months between your deduction and receipt of a reimbursement. Dependent care plans are money-in money-out.  You can only file a reimbursement on funds that have actually been contributed, which is different than a medical FSA.  Additionally, you can only file a claim on expenses that have actually been incurred.  Dependent care FSA elections can be changed through the year on an as needed basis.  This would add an administrivia burden to the person running your payroll, and if there is a payroll vendor in place, likely an actual cost.  The administrator in this situation would likely be the company.  In the formalities of employee benefits there must always be a named administrator. If your employer currently offers no benefits you should press healthcare first.  Paying healthcare premiums pretax would likely save you more money and be less administration than this.  Additionally, if your employer is paying for or reimbursing you for your individual health insurance that's currently illegal under the ACA."}
{"_id": "285498", "title": "", "text": "Come on man, the reason Walmart workers are unionizing is because they can't get their employer to follow the law and if any of these workers try to stand up for themselves alone they will lose their job. This is much more about respect then it is about money. Do we really want jobs where your boss can cut your hours in half arbitrarily because he didn't like something you said, or where you have to come to work sick and make food all day because you are not aloud to take sick days? I'm not saying unions are perfect, but they are the only way workers could possibly attain a sense of respect and security in these low paying industries."}
{"_id": "285502", "title": "", "text": "\"Equation: (M x 12) + MOOP = Worst case scenario cost Where M equals the monthly cost and MOOP is the maximum out of pocket amount.  So, if a plan costs $500 a month and the maximum out of pocket amount is $12,000 - which in a worst case scenario you would pay (it's almost always over the deductible) ... ($500 x 12) + 12,000 = $18,000 Most people look at the deductible, but be aware this is incorrect in a worst case.  The last one (maximum out of pocket) really hurts most people because they overlook it: Deductible vs. out-of-pocket maximum The difference between your deductible and an out-of-pocket maximum is   subtle but important. The out-of-pocket maximum is typically higher   than your deductible to account for things like co-pays and   co-insurance. For example, if you hit your deductible of $2,500 but   continue to go for office visits with a $25 co-pay, you\u2019ll still have   to pay that co-pay until you\u2019ve spent your out-of-pocket maximum, at   which time your insurance would take over and cover everything. New in   2016: embedded out-of-pocket maximums One change in 2016 is that, even   with an aggregate deductible, one person cannot pay more than the   individual out-of-pocket maximum within a family plan, even if the   aggregate deductible is more than the individual out-of-pocket   maximum, which is $6,850 for 2016. For instance, even if the overall   aggregate deductible was $10,000, a single person in that family plan   could not incur more than $6,850 in out-of-pocket expenses. (In 2017,   the out-of-pocket maximum will increase to $7,150.) After they hit   that number, insurance covers everything for that person, even as the   rest of the family is still subject to the deductible. From your question: Thanks - not sure I totally follow you. My question is, essentially:   \"\"Say a typical large employer X gives you 'healthcare' as a benefit on   top of your salary. In fact, how much does that cost corporation X   each year?\"\" ie, meaning, in the US, about how much does that typically   cost a corporation X each year? That's a good question because they may qualify for tax advantages by offering to a number of employees and there may be other benefits if they encourage certain tests (like blood work and they waive the monthly fee).  More than likely, using the above equation may be the maximum that they'll pay each year per employee and it might be less depending on the tax qualifications.  You can read this answer of the question and it appears they are paying within the range of these premiums listed above this.\""}
{"_id": "285524", "title": "", "text": "Businesses have bond ratings just like people have credit ratings. It has become common for businesses to issue low rate bonds to show that they are strong, and leave the door open for further borrowing if they see an opportunity, such as an acquisition.  One of the reasons Microsoft might want to build a credit reputation, is that people become familiar with their bonds and will purchase at lower rates when they want to borrow larger amounts of money, rather than assuming they are having financial issues which would lead them to demand higher rates."}
{"_id": "285525", "title": "", "text": "When I bought my own place, mortgage lenders worked on 3 x salary basis.  Admittedly that was joint salary - eg you and spouse could sum your salaries.   Relaxing this ratio is one of the reasons we are in the mess we are now. You are shrewd (my view) to realise that buying is better than renting.  But you also should consider the short term likely movement in house prices.  I think this could be down.  If prices continue to fall, buying gets easier the longer you wait. When house prices do hit rock bottom, and you are sure they have, then you can afford to take a gamble.  Lets face it, if prices are moving up, even if you lose your job and cannot pay, you can sell and you have potentially gained the increase in the period when it went up. Also remember that getting the mortgage is the easy bit.  Paying in the longer term is the really hard part of the deal."}
{"_id": "285560", "title": "", "text": "\"If I invest in index funds or other long term stocks that pay dividend which I reinvest, they don't need to be worth more per share for me to make a profit, right? That is, if I sell part of the stocks, it's GOOD if they're worth more than I bought them at, but the real money comes from the QUANTITY of stocks that you get by reinvesting your dividends, right? I would say it is more the other way around.  It is nice to get dividends and reinvest them, but overall the main gain comes from the stocks going up in value. The idea with index funds, however, is that you don't rely on any particular stock going up in value; instead you just rely on the aggregate of all the funds in the index going up.  By buying lots of stocks bundled in an index fund, you avoid being too reliant on any one company's performance. Can I invest \"\"small amounts\"\" (part of paycheck) into index funds on a monthly basis, like \u20ac500, without taking major \"\"transaction fees\"\"? (Likely to be index fund specific... general answers or specific answers using popular stocks welcomed). Yes, you can.  At least in the US, whether you can do this automatically from your paycheck depends on whether you employer has that set up.  I don't know that work in the Netherlands.  However, at the least, you can almost certainly set up an auto-invest program that takes $X out of your bank account every month and buys shares of some index fund(s). Is this plan market-crash proof? My parents keep saying that \"\"Look at 2008 and think about what such a thing would do to your plan\"\", and I just see that it will be a setback, but ultimately irrelevant, unless it happens when I need the money. And even then I'm wondering whether I'll really need ALL of my money in one go. Doesn't the index fund go back up eventually? Does a crash even matter if you plan on holding stocks for 10 or more years? Crashes always matter, because as you say, there's always the possibility that the crash will occur at a time you need the money.  In general, it is historically true that the market recovers after crashes, so yes, if you have the financial and psychological fortitude to not pull your money out during the crash, and to ride it out, your net worth will probably go back up after a rough interlude.  No one can predict the future, so it's possible for some unprecedented crisis to cause an unprecedented crash.  However, the interconnectedness of stock markets and financial systems around the world is now so great that, were such a no-return crash to occur, it would probably be accompanied by the total collapse of the whole economic system.  In other words, if the stock market dies suddenly once and for all, the entire way of life of \"\"developed countries\"\" will probably die with it.  As long as you live in such a society, you can't really avoid \"\"gambling\"\" that it will continue to exist, so gambling on there not being a cataclysmic market crash isn't much more of a gamble. Does what I'm planning have similarities with some financial concept or product (to allow me to research better by looking at the risks of that concept/product)? Maybe like a mortgage investment plan without the bank eating your money in between? I'm not sure what you mean by \"\"what you're planning\"\".  The main financial products relevant to what you're describing are index funds (which you already mentioned) and index ETFs (which are basically similar with regard to the questions you're asking here).  As far as concepts, the philosophy of buying low-fee index funds, holding them for a long time, and not selling during crashes, is essentially that espoused by Jack Bogle (not quite the inventor of the index fund, but more or less its spiritual father) and the community of \"\"Bogleheads\"\" that has formed around his ideas.  There is a Bogleheads wiki with lots of information about the details of this approach to investing.  If this strategy appeals to you, you may find it useful to read through some of the pages on that site.\""}
{"_id": "285570", "title": "", "text": "no, i never said forgive student debts, i said give household massive money to pay back the debts.   so give students that owe loans pure unadulterated cash.   force them to use it to pay their student loans.     if the sutdent doesn't have debt, or was responsible and paid it back themselves using their own money, then they get a free cash injection to do whtever they want with it.    all's fair and square and beeswax."}
{"_id": "285573", "title": "", "text": "It has 79% of the people, fewer at every pay level except the very lowest. If it was fully staffed it would cost more than the obama white house by a lot. Guaranteed it goes up significantly in the next few years."}
{"_id": "285577", "title": "", "text": "&gt;If you want to claim such nonsense then you have to prove it.   Honestly this all scans with the same naivety as the communists saying WELL IT HASN'T BEEN TRIED PROPERLY YET. I mean, it only takes to the third paragraph until you get full on tin foil saying ALL THE WARS ARE BORNE OF STATES. I mean there have been no non-states since the bloody bronze age. Great argument there. Lost my interest completely. I suppose that makes me a 'statist', are you going to call me a cuck next?  I do love the irony that you say I have no evidence or reason to support something like 2 paragraphs after you say market monopolies are a myth - I mean it's not like there aren't many historical monopolies to point at to prove you wrong. Why not the east india company for example - got a royal charter to literally do whatever the hell it wanted. Doesn't get more free market than that. Ended up fucking everything up and killing a whole bunch of people, which ultimately seems to be the measure of how badly your philosophy fucks up.   Ultimately i find this philosophy unnecessarily reductionist, it lacks the nuance and resource flexibility to deal with shocks to the system such as external invasion or environmental catastrophe i.e.what protection do you have from these private courts if someone is polluting your water supply? Your air? What defines 'your air' and 'your water'? The company that's polluting it want to use that other court which is far more lenient on pollution than the one that you'd like. They also have a lot more in the way of money &amp; resources than you - how do you resolve that?   I mean these are all hypothetical worst case scenarios; it's not like there was a complete breakdown of law an order in the old west - but it's not like it was a particularly nice place to live either. I mean, the current system is far from perfect, but all this sounds a lot like burning the house down to get rid of a spider; Democracy is the worst form of government - except for all the others."}
{"_id": "285589", "title": "", "text": "We are a pretty average (professional, used to be fully two-income) family. I have gone part-time (plus a total career change) to be more involved at home - that's minus 50K from our family budget a year. Montessori for the younger one is - 10K. Violin (-5K) and piano (-5K) lessons for each kid... summer science camps... summer golf/tennis plus equipment... dance/sports all year round are around 10K too. We are looking at an 80K hole in our budget (compared to what we could have had). Plus by now I would have been probably more advanced in my previous career had I stayed there, so the hole is potentially even greater."}
{"_id": "285590", "title": "", "text": "If you check out China Stock Markets Web provides details on all things that trade on there. It covers the Hang Seng Index, SSE Index, and SSE Component Index. There is also tons of information for investors on the exchange website here."}
{"_id": "285605", "title": "", "text": "Wow this is a bad article.  This is a notional amount....  Eg.  $500M US equity fund in Australia wants to hedge their US exposure.   They buy a $500M forward contract and roll it over quarterly.  Each quarter they settle on the difference (let's say $50 - 500k +/- depending on the way FX moves).  What matters is the amount owed...not the notional value.  Same goes for interest rates. $1B bond fund could short the 10yr to lower interest rate sensitivity...the end value isn't $1B. It's whatever they owe on the difference at settlement.  The issue of swap spreads or settlement/liquidity is so much more important!"}
{"_id": "285606", "title": "", "text": "&gt;Since gold in this very simple hypothetical system has absolutely no use other than a store of value, it is debt.  But gold does have other uses. It is a metal that's used for jewelry, it has decorative value. Exchanging something for gold is like a caveman giving you a stone ax if you do some cave paintings for him.  If all the civilization disappeared, gold would still have a value, different from bank notes.  Gold is a convenient standard commodity for exchange for several reasons: it's indestructible, it's compact, it's easily recognizable. All the gold ever mined in the world would fit inside a typical five-story apartment building. Yet it doesn't burn, doesn't spoil, can be stored forever, different from apples or oranges.  &gt;these firms would be adjusting their capacity, and not sitting on trillions of dollars of currency that ought to be liquid.   Here s where the difference between actual work that has been performed and a promise make a real difference. These companies are sitting on trillions of dollars of promises, not products. What they have is paper, shares, bonds, debentures, whatever.   They are unable to transform those papers into products, because they lack the manufacturing capacity to do so. They do not have a million apples, they have a paper where the farmer said he would grow a million apples.  Overall, the corporations in the US have invested heavily in acquisitions of other corporations, this trend has been going on for several decades now. These papers cannot be easily converted into anything useful. For the moment they are just there, with their nominal value that people agreed upon. It's not easy to turn that investment into production."}
{"_id": "285634", "title": "", "text": "&gt; while they learn and get speed, just to quit again  The company is not paying enough. And you probably aren't getting paid enough but stay instead of doing what everyone else ends up doing which is leaving to make more money somewhere else."}
{"_id": "285638", "title": "", "text": "I doubt it's legal, but for next time, just go onto the website and your balance will be right there front-and-center... no need to deal with some ill-informed cranky lady in a call center half-way across the world."}
{"_id": "285643", "title": "", "text": "You've said what's different in your question. There's 330 microseconds of network latency between IEX and anywhere else, so HFTs can't get information about trades in progress on IEX and use it to jump in ahead of those traders on other exchanges. All exchanges should have artificially induced latency of this kind so that if a trade is submitted simultaneously to all exchanges it reaches the furthest away one before a response can be received from the closest one, thus preventing HFT techniques."}
{"_id": "285648", "title": "", "text": "Don't really know much about futures but I'll give you a couple of options: Assuming that you are just looking around right now about currency investing, are you sure (I mean, really sure) that you want to do it?"}
{"_id": "285649", "title": "", "text": "Even front office is boring.  Pick up the phone call 10 guys for a price on a bond haggle with them...  Build some excel tool to calculate some price relationship that you came up with, test it very fast in R.  Calculate 20 things before making a few trades.   Find trade confirmations that are not being matched properly, chase down the UBS back office fuckers in INDIA!!!. (I know its back office that needs to ensure their matched, however at the end of the day we are responsible for our trades).  You know what's even more fun? When you have an internal AUDIT!!! Prepare 30 pages of documentation on every stupid process/procedure/piece of code you ever wrote, knowing nobody will read it.   Prettying up excel spreadsheets because you don't want management to see how ugly your work can be.   I've spent days playing with the format painter and even arguing with guys on my team over what FONT looks better, and why every word should be formatted the same as auditors will never look at our code/procedures, but why is bond in ARIAL and yield in COMIC SANS.  Read a 200 page bond guide to all the major european corporate bonds by each of the investment banks.... So you're familiar with all the stuff you're trading where 150 of them are so illiquid you need to hold them for about 3 months to collect enough accrued just to break even on the bid-offer spread.     I can go on...."}
{"_id": "285660", "title": "", "text": "There are different types of the renewable energy available such as solar energy, wind energy, geothermal energy, bioenergy, and others. Our experts provide the best solution and quality craftsmanship. Most of the renewable energy comes with directly and indirectly from sunlight. The sunlight is used for heating and then lighting the home, office and other buildings to generate the electricity. Tomorrow 2009 Brazil renewable energy company has qualified the energy professionals who have the scope of ability and information in services. They provide the services regarding the solar energy and maintainability services."}
{"_id": "285669", "title": "", "text": "People can take off 15 minutes (some of my co worker even take off 1 hour early) early if they want as long as it didn't affect their works. They can also go to doctor appointment  or any personal function if they tell their manager about it.  Look, I don't know or care what you are trying to get it. If you are trying to imply that OMG! Euro is so much better than U.S. or whatever. I don't really care. I replied to your comment regarding working less than 40 hours as I stated it depend on the company that you work for. Good company doesn't care as long as it didn't affect your work.  Regarding common/regular, yes. It is very common/regular in a good company. Like I said if you work for a shitty company. It doesn't matter where the company is located. US or otherwise."}
{"_id": "285690", "title": "", "text": "www.passwird.com And as Troggy mentioned, www.slickdeals.net"}
{"_id": "285693", "title": "", "text": "Their land is cheaper, so the LVT would be cheaper per acre. Basically the rural person who owns $5 million dollars worth of land pays the same tax as the urban person who owns $5 million dollars worth of land.   Most people wouldn't hesitate to call that urban person rich.  Also to note, an LVT doesn't tax capital assets like farm equipment. So this would be a boon to a farmer who buys assets to make better use of his land without the burden of record keeping for depreciation accounting of those assets.   LVT doesn't tax money you don't have. Farmer spends the money on equipment, then no tax on that equipment money."}
{"_id": "285694", "title": "", "text": "\"You are asking if getting a mortgage nearly 4X your income has the potential to make you \"\"house poor\"\". $2500 Of your $9000 gross is not too much according to the bank, but the bank only looks at a few ratios, not your entire budget. Is this house appropriate for your needs? At 3X the median home price, are you reaching too high? Note - this board has had multiple \"\"budget\"\" discussions recently. For many people, the mortgage is just where the trouble starts. The other house related budget items just multiply up to make things worse.\""}
{"_id": "285698", "title": "", "text": "My guess it's a legal agreement between Yahoo and data provider on what data can be stored, displayed and for how long. Check out this list of data providers"}
{"_id": "285711", "title": "", "text": "It cannot be overstated how value the real estate profile Amazon is purchasing. They now have 400+ hubs located, generally, in high-income and densely-populated areas. It would be a huge undertaking to buy and develop all these locations' imprint."}
{"_id": "285733", "title": "", "text": "I think you're right.  In fact, I think we could plot such a chart in a matter of minutes..  Now then, how about some more nuanced variables?  major/ concentration, finished vs not finished degree, etc.    I'm sure we agree that education is great on the whole.  Just saying, if the government is going to tax and borrow to pay for someone's education, which is where I think you get this notion of 'cheap' or 'free' education, I want it to have utility and not leave us with a class of debtors with obsolete, saturated, or just plain useless job skills."}
{"_id": "285744", "title": "", "text": "\"Again, one of the most reliable news sources in the world:  https://mediabiasfactcheck.com/new-york-times/  \"\"Factual Reporting: HIGH\"\"  If you listen to Trump or Breitbart, then you may not think so, but those are the moguls of fake news. Objective review shows that NYT is highly accurate.  And just so we're clear, Forbes, a conservative business magazine, calls the NYT the most accurate news source in the US: https://www.forbes.com/sites/berlinschoolofcreativeleadership/2017/02/01/10-journalism-brands-where-you-will-find-real-facts-rather-than-alternative-facts/#a8aaa70e9b5a\""}
{"_id": "285745", "title": "", "text": "\"Its best to seek a lawyer, but it is unlikely you can force him to pay.  You probably know couples, that are in some part of the divorce process, that have trouble obtaining court ordered payments.  In your case you have less of a legal standing (exception: if you have children together).  As far as the house goes, the two of you entered into some sort of business arrangement and it will be difficult to \"\"force\"\" him to pay.   One thing that works for you is that he has excellent credit.  If he is interested in keeping a high credit rating he will ensure that no payments are late on the home.  Your question suggests that the two of you are not getting along very well right now, and that needs to stop.  The best financial decision you can make right now is to get along with him.   It seems that the two of you have not officially broken up.  If you do decide to depart ways, do so as amicably as possible.  You will have to work to get the home in your name only, and him off the deed.  This benefits both of you as you will have sole control of the house and this ill advised business decision can end.  He will have the home off his credit and will not be responsible if you miss a payment and can also buy a home or whatever of his own. Good luck and do your best to work this out.  Seeking peace will cost you a lot less money in the long run.  Fighting in court cost a lot of money.  Giving in to semi-reasonable demands are far cheaper then fighting. Here is an example.  Lets say he normally contributes $500 to the mortgage, and he decides to move out.  I would ask him to contribute $200 until you can get his name off the loan, say 6 months at the most.  After that you will put the house up for sale if you cannot obtain a mortgage in your own name and will split any profits.\""}
{"_id": "285780", "title": "", "text": "When on this topic, you'll often hear general rules of thumb. And, similar to the 'only buy stocks if you plan to hold more than X years' there are going to be periods where if you buy at a bottom right before the market turns up, you might be ahead just months after you buy. I'd say that if you buy right, below market, you're ahead the day you close.  Edit - I maintain, and have Schiller providing supporting data) that real estate goes up with inflation in the long term, no more, no less. If the rise were perfectly smooth, correlated 100% month to month, you'd find it would take X years to break even to the costs of buying, commission and closing costs. If we call that cost about 8%, and inflation averages 3, it points to a 3 year holding period to break even. But, since real estate rises and falls in the short term, there are periods longer than 4 years where real estate lags, and very short periods where it rises faster than the costs involved.  The buy vs rent is a layer right on top of this. If you happen upon a time when the rental market is tight, you may buy, see the house decline 10% in value, and when the math is done, actually be ahead of the guy that rented."}
{"_id": "285789", "title": "", "text": "\"Just to go against the grain here. Sometimes, loaning money to friends is the right thing to do. For example, they had a loved one die, and need the money to cover funeral expenses until the life insurance pays out. Here, you may consider it your ethical duty to loan the money (or you may not). It does not make sense from a financial point of view (you are unlikely to charge interest and you are taking all the risk), but sometimes you put your financial prudence aside because \"\"being a good person and a great friend\"\" is more important. It is true that the general rule should be not to loan money to friends, and particularly never loan money you cannot afford to lose. But there are exceptions to every rule. I'll note that you may be best off with a plain-english, non-lawyery contract. Make it absolutely as simple as possible. As others have pointed out, specify a repayment date or schedule. Note what happens if they miss the deadline. Specify interest, if appropriate. Get it signed by you and the other person. And make sure you consider what happens if your friend doesn't honour the agreement. For that kind of money, it is also worth considering collateral.\""}
{"_id": "285794", "title": "", "text": "\"that just goes to show that - if you aren't making it up - either \"\"wealth manager\"\" is a joke job like \"\"life coach\"\" or that you are very terrible at it, and I feel sorry for anyone dumb enough to fall for your bamboozle.\""}
{"_id": "285799", "title": "", "text": "\"I have family in Argentina, this is no surprise to them.  Everybody I know over there, family and friends, are going crazy \"\"blowing up their credit cards\"\" and going through savings like there is no tomorrow.  Their mantra is.. \"\"enjoy it today, because tomorrow its evaporated\"\".\""}
{"_id": "285803", "title": "", "text": "The price the provider charges you is the amount he would like to get for his services. Let's take an example, you do a blood test at a lab, and they charge you 1200.00$ If you have insurance, and the provider has a contract with that insurance (meaning 'they take them'), the contract limits what they can charge and what the will get. For the example, that might be 21.56$. This is what the insurance pays them (or what you pay them, if you have deductible). Note that if you have no insurance, you owe them 1200.00$. They are typically willing to negotiate that you only pay maybe 850.00$, but it still will be much higher than the insurance price. Why? The reason is that the insurance-agreed payment of 21.56$ does not cover their cost (but the insurance forces them to make that contract or basically be out of business). Let's say for example they need 26.56$ to make a living on it; so they lose 5.00$ on every insured customer. One in 235 customers has no insurance, and his price is calculated as 26.56+235*5.00 = ~1200.00$, so his bill covers the losses for all insured 'under-payers' (all numbers are examples made up to illustrate the math the provider does). My bloodwork typically comes between 800 and 1400, and gets reduced to around 20: so the numbers are not completely off. The ratio and concept works for doctors and hospitals the same, just not as significant a difference."}
{"_id": "285812", "title": "", "text": "As others have noted, you can do better than a checking or savings account. If you're going to invest emergency money, the vehicle you put it into should be: Liquid - Wherever you put it, you should be able to quickly cash it out. Highly liquid exchange traded products are good for this.   Low volatility/drawdowns - If you need at least 6 months of your paycheck to cover you in the event of an emergency, you don't want to park it in a portfolio that can potentially lose 30% value. Insured - Your investments should have SIPC coverage (protection against losses resulting from failure on part of broker). Moderate/Steady Growth - If the emergency fund doesn't grow, you'll need to continually pump money into it. My 'steady growth' portfolio is majorly allocated to fixed income. Within that, a major portion is allocated to high yielding instruments. Over the past 10 years, it's seen at least a 7% annualized return."}
{"_id": "285836", "title": "", "text": "The way I handle clothing purchases, is I save a little bit with each paycheck but don't commit to spending each month.  I wait until I find the exact item I need or know I will need in the near future.  I have a list of things to look for so I don't get off track and blow my budget.  And each time I consider hitting Starbucks or buying a random something at Target, I think which is a better investment - a great pair of pants that will work for me for a decade, or a latte? Thank you for linking to me.  Your question is one many people have.  I feel that clothing should be purchased slowly, with care.  If you do it this you will buy items that don't need to be replaced every two years, and will maintain style and quality longer. :)"}
{"_id": "285864", "title": "", "text": "Everyone would like a savings/checking account that has the same liquidity as others but pays multiple times as much, but such a thing would break the laws of finance.  The thing keeping savings and checking accounts cheap isn't particularly the FDIC insurance but the high liquidity and near certainty that you will not lose money.  In all of finance you are compensated for the risk (and perhaps illiquidity) you bear.  If you insist on a risk-free and highly liquid investment, you will get the risk-free and highly liquid rate, which is currently around 1%. Doesn't matter what type of investment it is (savings, money market, treasuries, etc.).  Money market funds, in particular, were designed to be a replacement for savings accounts.  They have decent liquidity and almost no risk (and no FDIC insurance).  But they earn about what good savings accounts do, because that's what risk-free investments earn. If you wish to earn more you must decide what you will give up: Decide on one (or both) of those to sacrifice and you will find yourself with options."}
{"_id": "285865", "title": "", "text": "\"That's not exactly what I meant, but it works I guess. I was more referring to that our \"\"liberal\"\" ideas will become common place and traditional. The next generational will have their own fresh ideas and become the new liberals. This is **very generally** speaking.\""}
{"_id": "285877", "title": "", "text": "\"Sure. But that's a massively different statement than \"\"his parents handed him the job\"\". There are tons of other kids who grew up in similar circumstances with similar advantages that aren't fucking CFO of major corporations at age 29. It's an incredible accomplishment regardless of his background.\""}
{"_id": "285884", "title": "", "text": "Not too crazy about the article; skimmed it.  He could have boiled it down into:  tl;dr:  software does stuff i don't want to lol and i have a rich friend lolol.  software lol.  software? diversify and be passive lol.  software, k? k, bye."}
{"_id": "285885", "title": "", "text": "If you know, approximately, the minimum he would get in a month, his budget should be planned based on this amount. In months where he gets more than this, the excess should be put aside. In really bad months where the income drops below the expected minimum, he can use the money put aside. After a year of putting money aside, he can plan to use and budget this for any other expenses."}
{"_id": "285887", "title": "", "text": "\"I may be walking on thin ice but that's never stopped me from answering before. ;) I have a PhD in physics.  I knew that I wasn't a die-hard publisher so I didn't pursue academia. A postdoc will likely pay about what a person with a BS in math could make in industry, but you're now a few years past that age.  You'll be playing catch-up.  The magic of compounding was working on a small amount of money while you were studying, if it was anything like my experience. When I think \"\"postdoc\"\" I think \"\"you're looking for tenure track\"\" so if that's incorrect forgive me.  Competition will be fierce for those positions, meaning you'll be looking at not one but several postdoc positions, all at low salaries.  Postdocs are a way of absorbing the glut of PhDs. Tenure track is a long road, and by the time you get there -- if you get there -- who knows if there will be such a thing as tenure? Long way of putting this:  I'd take a good, hard, careful look outside of academia for your employment if you're concerned about your financial outlook.\""}
{"_id": "285888", "title": "", "text": "This diagram is very misleading. At first glance readers might think that the size of the bubble are the areas working class people cant afford to live in. In reality, its only cities that become too expensive for blue collars..which has always been the case. Outside of the Bay area and LA, MOST of Cali is actually cheap(er) to live in, and is comprised of many rural communities."}
{"_id": "285895", "title": "", "text": "A combination of market research and tax law would likely be the combination used to set the salary. An elaboration of each: Taxes - In Canada and the US there can be differences in how payments are treated if they are salary,e.g. payroll taxes such as CPP, Social Security and others may apply in this case as well as personal income tax rates, or dividends, which may have different treatments in some jurisdictions I believe. If salary above $250,000 is taxed at 40% and dividends are taxed at 15%, which rate would you rather pay? (This is hypothetical as no jurisdiction has been noted here yet.) Most provinces and states in North America will tax the first few dollars at rather low rates and so it isn't bad to take a nominal rate of $1 or so in salary as usually the higher rates exist for higher salaries. Executive Compensation has come under scrutiny in recent years though it is usually a mix of salary, bonuses, and stock either restricted or options. Market Research - Some companies may research what other small public companies would pay executives as the salary may have to be approved by a board of directors in some cases. At least this would be how I remember things being decided in small companies I worked for in Washington State and the province of Alberta. In a lot of company cases, excess earnings are stored and if there is enough of a pile then a special dividend may be given out though some corporate structures like REITs force dividends to maintain their tax status. Note the payment in dividend here requires that the President be able to dictate what happens with the cash in the bank of a company which isn't going to be the case for the regular employee. Also, the dividends here would go to all the shareholders and thus if there are people besides the President owning shares they would also get their portion based on what they own."}
{"_id": "285913", "title": "", "text": "Pennsylvania is one of the states that divide the land up in to thousands of jurisdictions all of which have the power to tax.  Where you live (or work) is located in either a county, city, township or borough. They can tax you based on either your income, your property. You can also be taxed by the school district which can encompass multiple jurisdictions. You should get local tax help to make sure that all the appropriate taxes are being covered."}
{"_id": "285918", "title": "", "text": "I am in a very similar situation as you (software engineer, high disposable income). Maximize your contributions to all tax-advantaged accounts first. From those accounts you can choose to invest in high risk funds. At your age and date-target funds will invest in riskier investments on your behalf; and they'll do it while avoiding the 30%+/- haircut that you'll be paying in taxes anyhow. If, after that, you're looking for bigger risk plays then look into a brokerage account that will let you buy and sell options. These are big risk swingers and they are sophisticated, complicated products which are used by many people who likely understand finance far better than you. You can make money with them but you should consider it akin to gambling. It might be more to your liking to maintain a long position in a stock and then trade options against your long position. Start with trading covered calls, then you could consider buying options (defined limited downside risk)."}
{"_id": "285924", "title": "", "text": "\"&gt;The guy still gets his.  If you have 10 cars, and the government takes 4 cars. For most people with 1, 2 or no cars, they'd say, SHIT! You've still got 6 cars!!  But if you could sell the company, reduce liabilities (there are certain liabilities beyond a certain size, so say above 5,000 employees you must pay a certain amount additional in medical insurance costs, that incentivizes reducing employees from 7,000 to 4,999.) and move to a tropical island and keep your 10 cars, What would you do? Still Give the government your 4 cars? and then what if you think and know the government is notoriously inefficent at distributing those cars to those who \"\"need them\"\" and you know 2 are lost in transportation and 1 is lost to administrative costs so only 1 of those cars is given to people that need it--- how would you feel that the government took your 4 cars? You'd be upset.  &gt;Real CEO's figure out how to make more profits under given circumstances.  You mean like offshoring and setting up tax havens in other countries? YAY! GM and GE!    &gt;Whiny children complain about it not being fair and fire all their staff out of spite.  It's not in spite, it's purely a business decision, just a lot more frank and honest than most companies are who bullshit and white wash serious issues they are facing.   &gt;If I was a shareholder I'd be worried.   That's what you don't get, he is the sole principal of the company, he is the shareholders. The buck stops with him.  &gt;Not about Obama but about the loose cannon CEO that is threatening to devalue my stock out of spite because he doesn't know how to run a business properly.  Being the principal he is the sole decision maker--- you think he'd screw up his 40+ year old company that has been his life's passion over spite?\""}
{"_id": "285938", "title": "", "text": "Visually, it's nice. But the problem is actual usage. Apple maps does not work. As someone who has tried using it many times, it simply does not work. It can't find addresses that Google Maps finds with ease. That is what a map program needs to do. And it doesn't.  It also is completely wrong for the typical New Yorker, which is what I am. It doesn't have public transportation built in. When zoomed out, it shows me gas stations, like I fucking need them. It also shows icons for chain restaurants that I could give a shit about... why does Burger King need a big ol' icon taking up 2 blocks? Who thought of this feature and didn't give me the option to turn it off or even configure it?  Sorry... it is not a very well done app."}
{"_id": "285945", "title": "", "text": "I read about the 90-90-90 rule aka 90% of the people lose 90% of the money in 90 days.  Anything that happens in 90 days or less is speculation (effectively gambling), not investment. And the 90-90-90 thing sounds around right for inexperienced amateurs going up against professionals in that space. I don't know anyone who actually made significant amount money by investing in stocks or other financial products except those appearing in TVs. Lots and lots and lots of people do.  I heard that people who actually encourage common people to invest in stocks are stock brokers and fund managers who actually gain by the fact that more people invest.  No. It's true that lots of people will give you advice to by specific stocks or financial instruments that will earn them comission or fees, but the basic idea of investing in the stock market is very sound; ultimately, it's based on the ability of companies to create value and pay dividends. Could you please give some valid reasons to invest in stocks or other financial market. Thank you. Well, what else can you do with your money? Put it in an interest-bearing bank account? Effectively, you'll still be investing in the stock market, the bank is just taking most of the returns in exchange for guaranteeing that you'll never lose money even temporarily."}
{"_id": "285968", "title": "", "text": "The US is where you want to go for complex, highly invasive, or cutting-edge-not-quite-experimental-anymore medical care.  If it's not heart surgery or brain surgery or treating cancer with your own harvested stem cells, there are much cheaper options available in other nations."}
{"_id": "285973", "title": "", "text": "\"It'll make it much easier for Terrorists to board...  Take a look at this video - where some comedians in Australia actually booked domestic flights as \"\"Al Kyder\"\" and \"\"Terry Wrist\"\"- and when they failed to board, the gate actually paged them on the pa...  http://www.youtube.com/watch?v=Qy-S5DzmFy8\""}
{"_id": "285977", "title": "", "text": "According to Apple, usage of passwords on phones went from 50% to 80% when they brought out Touch ID.  It's a really cool and really useful feature, especially for people who had to enter long complex passwords frequently (e.g. enterprise users). When it's integrated into 3rd party apps it will make password managers like 1password, which are pretty much a necessity if you want your accounts to be secure these days, much more convenient to use.  For me personally, it's nice to be able to leave my phone around without my family going through my messages and photos."}
{"_id": "285984", "title": "", "text": "\"You're right, and a quick point to support this is what I just read on the [FDA site](http://www.ams.usda.gov/AMSv1.0/NOPConsumers).  &gt;How Do I Know if My Food Is Organic? &gt;&gt;Look at the label. If you see the USDA organic seal, the product is certified organic and has 95 percent or more organic content.  95 percent^95^95^95^95^95^95  Pretty sure my Diet Coke is \"\"95 percent or more\"\" water, looking forward to seeing the organic sticker on it.\""}
{"_id": "285986", "title": "", "text": "You need to hire a veteran product marketing manager who can help you position and message your product, and will also be connected to whatever ecosystem you operate in.  Then you need to find and hire a talented Marcom person.  Products never sell themselves, no matter how good.  And people would rather buy average products from an established company that they know will be there in a year, then a great product from a company with no credibility.  A good marketing team will help you build credibility and brand for you.  Don't be that CEO who thinks he/she knows how to message and pitch their product.  Because that is always ultimately a failing strategy, proven over and over."}
{"_id": "285989", "title": "", "text": "I am still fairly early on in the process so I can't give you the best insight. I study at a CC in California and one of the biggest roadblocks is finding like minded individuals. Most of the students have no interest in being there so it's hard to connect with 18-19 year-olds about finance/econ.   Personally, I am going to have to overcome my shitty high school transcript to get into the top schools. I have a 3.8, tutor econ and accounting for the school, am president of the veterans' club, and am founding the business club next semester. That still might not be enough, which stresses me out. If you have a good academic history and thrive in CC you should have a much better chance than I."}
{"_id": "285992", "title": "", "text": "\"Scienctific consensus does not = truth. And never has. The list of junked science is long.  http://en.wikipedia.org/wiki/Superseded_scientific_theories   Global warming is too. http://web.stanford.edu/~moore/Boon_To_Man.html  \"\"Increased CO2 is greening the planet. Based on satellite observations from 1982-2010, CSIRO found that rising atmospheric CO2 levels correlated with an 11% increase in foliage cover across a number of arid areas in Australia, North America, the Middle East and Africa. Performed in collaboration with the Australian National University (ANU), this study determined that the fertilization effect occurs where elevated carbon dioxide enables leaves to extract more carbon dioxide from the air, lose less water to the air, or both during photosynthesis.\"\"  http://www.thegwpf.org/rising-co2-level-greening-planet-earth-study/\""}
{"_id": "285997", "title": "", "text": "\"Yes, there is a lot they are leaving out, and I would be extremely skeptical of them because of the \"\"reasons\"\" they give for being able to charge $0 commissions. Their reasons are that they don't have physical locations and high overhead costs, the reality is that they are burning venture capital on exchange fees until they actually start charging everyone they suckered into opening accounts. They also get paid by exchanges when users provide liquidity. These are called trade rebates in the maker-taker model. They will start offering margin accounts and charging interest. They are [likely] selling trade data to high frequency trading firms that then fill your stock trades at worse prices (Robinhood users are notorious for complaining about the fills). They may well be able to keep commissions low, as that has been a race to the bottom for a long time. But if they were doing their users any actual favors, then they would be also paying users the rebates that exchanges pay them for liquidity. Robinhood isn't doing anything unique as all brokers do what I mentioned along with charging commissions, and it is actually amazing their sales pitch \"\"$0 commissions because we are just a mobile app lol\"\" was enough for their customers. They are just being disingenuous.\""}
{"_id": "285998", "title": "", "text": "\"&gt;It's more like, asshats never let the government really try to help these people.   No, there are actually several inherent paradoxical effects of such \"\"assistance\"\" that actually tend to exacerbate the problem.    &gt;Welfare was reducing poverty up until the early 90's [...]  Ummm... no, it wasn't. From the University of Michigan's \"\"National Poverty Center\"\":  &gt;*In the late 1950s, the poverty rate for all Americans was 22.4 percent, or 39.5 million individuals. These numbers declined steadily throughout the 1960s, reaching a low of 11.1 percent, or 22.9 million individuals, in 1973. Over the next decade, the poverty rate fluctuated between 11.1 and 12.6 percent, but it began to rise steadily again in 1980. By 1983, the number of poor individuals had risen to 35.3 million individuals, or 15.2 percent.* [(Source)](http://www.npc.umich.edu/poverty/#3)  Note that [LBJ's \"\"Great Society initiative\"\" and it's \"\"War On Poverty\"\" (aka the welfare system)](http://en.wikipedia.org/wiki/Great_Society#War_on_Poverty) were not [passed as legislation until near the end of 1964](http://en.wikipedia.org/wiki/Economic_Opportunity_Act_of_1964) and really weren't rolled out (in their initial, limited form) until 2 years later (circa 1967) -- Nixon's administration (elected in the fall of 68 and taking office in early 1969) then *expanded* the programs to what is commonly thought of as the full \"\"welfare system\"\"...  And that took effect in the early 1970's, about the time that the poverty levels actually QUIT descending (in fact they had already leveled off) and began INCREASING again.  Now doubtless the inflation of the mid to late 1970's exacerbated the problem (said inflation chiefly due to the Nixon Shock of effectively \"\"defaulting\"\" by taking the dollar off the Gold standard -- a move that was NOT the result of some \"\"grand economic theoretical change\"\" but rather was something that HAD to occur due to the balance of payments crisis {foreign countries were cleaning out the US gold reserve bey demanding gold in exchange for the dollars that had been blatantly \"\"printed\"\" and spent by both LBJ and Nixon to pay for the welfare/warfare state}).  But regardless, the point holds that the \"\"welfare system\"\" accomplished NOTHING as far as \"\"ending poverty\"\" (which WAS in fact it's purported aim) -- and in reality, it ENDED the steady long term *natural* reduction in poverty that HAD been ongoing for the post-depression decades (and the several decades prior to the depression era).  &gt;If you want to say welfare is a failure, you should really limit your data to periods where we were actually providing a realistic amount of aid to families and not the last 20 years   If you want to claim that it actually REDUCES poverty, you should come up with SOME data (really ANY) that shows that... because history (both in the US and elsewhere) shows that it simply and plainly doesn't.  If you want to know the hows and whys ... I'd suggest you check into a fairly recent book entitled [\"\"The Careless Society: Community And Its Counterfeits\"\"](http://www.amazon.com/Careless-Society-Community-Its-Counterfeits/dp/0465091261) by John McKnight (a \"\"lefty\"\" disciple of people like Saul Alinsky) who is director of the Community Studies Program at the Center for Urban Affairs and Policy Research at Northwestern University (i.e. hardly a hotbed of \"\"conservatives\"\").  &gt;where we gave them an increasingly smaller share and wondered why they weren't getting ahead.  Your correlation is misdirected.  The chief reason for the \"\"flattening\"\" of wages has a lot MORE to do with economic fundamentals of monetary manipulation. (Look at any graph of wage growth... you will see an almost DIRECT change right around the time the dollar went OFF the Gold standard.)  The reasons this impacts the lower classes (lower AND middle class) significantly more than the upper class are (oversimplified, but still) essentially:   1) the lower and middle classes have to conduct business in the form of dollar-based contracts, and chiefly derive income via selling their labor (something that is not easily multiplied) -- IOW their potential revenue streams are limited, and their wages are set in terms of dollars (which are being steadily and regularly, often very significantly, debased via inflation); even when they DO achieve \"\"cost of living\"\" increases in pay (to purportedly \"\"make up\"\" for inflation), said increases *always LAG* the inflation (by definition).  2) While the lower classes *may* have some debt (basically mortgages) that *might* \"\"benefit\"\" from the inflation (via being able to pay off the debt in later \"\"debased\"\" dollars) -- because of the lag factor mentioned above, the benefit is essentially negated -- in addition, the lower classes are not \"\"leveraging\"\" debt for productive investment; they are instead carrying \"\"consumption\"\" debt.  3) Meanwhile, the upper class chiefly owns ASSETS, and increasingly under the \"\"fiat\"\" monetary system that has existed (in \"\"pure\"\" form since the fall 1971 Nixon \"\"shock\"\"), they have leveraged that via easily available credit (on far better terms in the form of lower interest rates, often well BELOW the rate of inflation, thus every dollar borrowed actually INCREASES their holdings values); and so they gain increased control over productive assets, which they have (via the leverage) been able to multiply several times over.  *The really SAD thing is that instead of comprehending what the REAL problems are, far too many people (like you sourbre) have been \"\"duped\"\" and tricked, and indoctrinated into looking for even MORE of the same things that have caused the worsening current situation.*\""}
{"_id": "286017", "title": "", "text": "You don't start out buying a shopping mall, you have to work up to it.  You can start with any amount and work up to a larger amount. For me, I saved 30% of my salary(net), investing in stocks for 8 years.  It was tough to live on less, but I had a goal to buy passive income.  I put down this money to buy 3 houses, putting 35% down and maintaining enough cash to make 5 years of payments.  I rented out the houses making a cap of 15%.  The cap is the net payment per year / cost of the property, where the net accounts for taxes and repairs.  I did not spend any of the profits, but I did start saving less salary.  After 5 years of appreciation, mortgage payments and rental profit, I sold one house to get a loan for a convenience store.  Buildings go on the market all the time, it takes 14 years to directly recoup an investment at a 7% cap, which is the average for a commercial property sale.  Many people cash out for this reason, it's slow, but steady growth, though the earnings on property appreciation is a nice bonus.  Owning real estate is a long term game, after a long time of earning, you can reinvest, but it comes with the risk of bad or no tenants. You can start both slower and smaller, just make sure you're picking up assets, not liabilities.  Like investing in cars is generally bad unless you are sure it will appreciate."}
{"_id": "286023", "title": "", "text": "if the rate of interest on both loans is 6.5%, it does not make any difference against which loan you offset. if you offset it with 50K loan, you will close it sooner [I am assuming your 50K loan is of shorter tenure compared to the 300K without considering offset]. The overall interest outgo looks larger if you close the shorter loan vs closing the larger loan, however the net effect is the same if you start putting out the balance $400 to the 300K loan after you have closed it out."}
{"_id": "286041", "title": "", "text": "Server at Local Applebee's here.   I used to work for the company in the 90s when I was in college. Last worked for them in 97. Cut to December 2016 and as a Stay At Home Dad I need a job. Get rehired and have been Serving again since.  I can confirm two things. One, people hated tipping 15% then and hate 20% that much more now. The amount of regulars we have that come in, eat and leave no tip is significant.  Two, it's not the food, it's the people the company has hired to cook it. Here in NH we have the lowest unemployment in the US. My kitchen manager talks frequently about how they can't find anyone to hire. An Applebee's kitchen is absolutely waaaay more than a bank of microwaves and *needs* people who know how to broil steaks and grill burgers.    Want customers apparently want is Top Sirloin food and service at McDonalds prices, and the only way the company can provide that is to pay employees nothing. And then the company and the customers get what they pay for. Crap people.   Not sure how this cycle will get broken but it's a Death Spiral if they don't."}
{"_id": "286064", "title": "", "text": "\"&gt;What\u2019s more, some experts argue that retailers make up for the swipe fees by quietly raising the cost of their goods.   Are the \"\"experts\"\" arguing that saying it's a bad thing? They're implying it is, with that \"\"quietly raising the cost of their goods.\"\"  Retailers adjust the cost of their goods to account for the costs of business. Credit card processing is a cost of business, just like labor and electricity. Of course if should be factored into prices.\""}
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{"_id": "286107", "title": "", "text": "Onsite Rental services Pvt Ltd. offers high quality portable bathroom and washroom for all type of open air events. These are highly comfortable and acceptable for gents and ladies.  If you are planning to organize an event, give us a call- 01129836752 and Email- info@onsiterentals.com"}
{"_id": "286124", "title": "", "text": "Internet and Game Zone is a one shop stop for all your needs related to Computers. Whether it is some repair work or website design, we do all at reasonable prices. Shops of computer repairs in Morrinsville are very rare which provide the best service."}
{"_id": "286141", "title": "", "text": "This would clear out a lot more. 1) Leverage is the act of taking on debt in lieu of the equity you hold. Not always related to firms, it applies to personal situations too. When you take a loan, you get a certain %age of the loan, the bank establishes your equity by looking at your past financial records and then decides the amount it is going to lend, deciding on the safest leverage. In the current action leverage is the whole act of borrowing yen and profiting from it. The leverage factor mentions the amount of leverage happening. 10000 yen being borrowed with an equity of 1000 yen. 2) Commercial banks: 10 to 1 -> They don't deal in complicated investments, derivatives except for hedging, and are under stricter controls of the government. They have to have certain amount of liquidity and can loan out the rest for business. Investment banks: 30 to 1 -> Their main idea is making money and trade heavily. Their deposits are limited by the amount clients have deposited. And as their main motive is to get maximum returns from the available amount, they trade heavily. Derivatives, one of the instruments, are structured on underlyings and sometimes in multiple layers which build up quite a bit of leverage. And all of the trades happen on margins. You don't invest $10k to buy $10k of a traded stock. You put in, maybe $500 to take up the position and borrow the rest of the amount per se. It improves liquidity in the markets and increases efficiency. Else you could do only with what you have. So these margins add up to the leverage the bank is taking on."}
{"_id": "286142", "title": "", "text": "Ultra Torq is a major supplier of high quality bolt tensioners and tools for pipe cutting and beveling. Providing innovative production-boosting solutions in Eastern Canada.Oil refineries, mechanical construction or wind energy plants, you can count on us for highly efficient bolting, tensioning, pipe beveling, pipe cutting and tube removal &amp; installation tools from recognized names"}
{"_id": "286157", "title": "", "text": "Find out what your take home pay will be. There should be someone in the company who can give you an idea there. Once you know that, setting up a budget is pretty straight forward. You need  Subtract the sum of all that from the take home pay. If you are negative, you will have to supplement with your savings. If you are positive, you can have some fun (or use surplus savings to have fun)."}
{"_id": "286160", "title": "", "text": "World Wide Inspection and Calibration Services Est is a UAE based company specialized in the field of Lifting &amp; Material handling Equipment, instrumentation &amp; control related to oil, gas, power, water, petrochemical and processing industry. Mainly provide service and supplies in Abu dhabi, Al ain , Sharjah, Dubai, Ruwais. Worldwideics.ae is dedicated to providing a safe and healthy workplace for its clients, subcontractors, employees and the community. It strive to deliver quality results that meet its clients expectations through the delivery of innovative testing methods and strong client relationships."}
{"_id": "286163", "title": "", "text": "Setting up the new company can often be scary, especially if you never run a business or company before. We have the excellent and experienced team of professionals who are very helpful for you with the Free company formation process. We are also proud to maintain that our special personal touch in order to deliver the best service. This is very important to launch and Incorporating your business on the right footing. Your trustworthy relationship with us need not end at the services of the company formation. You also avail many benefits from our company professionals in all matters."}
{"_id": "286182", "title": "", "text": "It is a lousy investment to purchase an apartment in China. Chinese citizens purchase apartments in China because, well... here's how China works: There's some fundamentals driving Chinese property values higher, but mostly it's a bubble caused by those reasons."}
{"_id": "286189", "title": "", "text": "In absolute terms the risk is about the same.  If you own the stock and your put option goes in the money, then you have the option to get rid of your stock at yesterday's higher price.  If you don't, you can sell the option for a higher price than you paid for it. But, as you calculated yourself, the net gain or loss (in absolute terms, not percentage terms) is the same either way."}
{"_id": "286210", "title": "", "text": "\"I have done Wal-Mart's in-store pickup exactly once and don't plan on doing it again. You'd think the item pickup would be at the Customer Service desk right next to the front door of the store. Wrong. It's at its own desk in the very back of the store next to the employee bathrooms/breakroom. The furthest it could possibly be from the front door.  I wound up waiting longer for an attendant to mozy on back to the pick-up desk, dig out my items from the back, and ring me up than I would have taken getting the items myself. Seriously... I rang the \"\"needs assistance\"\" buzzer at the pickup desk three times over the course of fifteen minutes and had to ask two employees having a chit chat \"\"break\"\" in the department directly outside of the pickup area to page someone before the employee responsible for minding the desk actually showed up. Turns out one of those employees having the chatting session was the person supposed to be helping us. Oh, and since the desk was right next to the employee bathrooms, several employees went back for breaks while we were waiting. Not one of them asked us if we were being helped (or really, spared us a glance in the first place.)  And to top it all off...since I was wheeling a cart with bags of purchased merchandise and large boxes with electronics from the rear of the store instead of from the normal cash register area, *of course* I was eagerly interrogated by a receipt checker on the way out of the store.  It was an exercise in extreme frustration. Never. Again.\""}
{"_id": "286226", "title": "", "text": "Risk is reduced but isn't zero The default risk is still there, the issuer can go bankrupt, and you can still loose all or some of your money if restructuring happens. If the bond has a callable option, the issuer can retire them  if conditions are favourable for the issuer, you can still loose some of your investment. Callable schedule should be in the bond issuer's prospectus while issuing the bond. If the issuer is in a different country, that brings along a lot of headaches of recovering your money if something goes bad i.e. forex rates can go up and down. YTM, when the bond was bought was greater than risk free rate(govt deposit rates) Has to be greater than the risk free rate, because of the extra risk you are taking. Reinvestment risk is less because of the short term involved(I am assuming 2-3 years at max), but you should also look at the coupon rate of your bond, if it isn't a zero-coupon bond, and how you invest that. would it be ideal to hold the bond till maturity irrespective of price change It always depends on the current conditions. You cannot be sure that everything is fine, so it pays to be vigilant. Check the health of the issuer, any adverse circumstances, and the overall economy as a whole. As you intend to hold till maturity you should be more concerned about the serviceability of the bond by the issuer on maturity and till then."}
{"_id": "286227", "title": "", "text": "diversifying; but isn't that what mutual funds already do? They diversify and reduce stock-specific risk by moving from individual stocks to many stocks, but you can diversify even further by selecting different fund types (e.g. large-cal, small-cap, fixed- income (bond) funds, international, etc.).  Your target-date fund probably includes a few different types already, and will automatically reallocate to less risky investments as you get close to the target date. I would look at the fees of different types of funds, and compare them to the historical returns of those funds.  You can also use things like morningstar and other ratings as guides, but they are generally very large buckets and may not be much help distinguishing between individual funds. So to answer the question, yes you can diversify further - and probably get better returns (and lower fees) that a target-date fund.  The question is - is it worth your time and effort to do so?  You're obviously comfortable investing for the long-term, so you might get some benefit by spending a little time looking for different funds to increase your diversification. Note that ETFs don't really diversify any differently than mutual funds, they are just a different mechanism to invest in funds, and allow different trading strategies (trading during the day, derivatives, selling short, etc.)."}
{"_id": "286245", "title": "", "text": "A tenant is a tenant regardless of your relationship to them, and as long as the property is classified as an investment property, you can claim depreciation and regular business losses just as you would on any property with any tenant."}
{"_id": "286251", "title": "", "text": "Kind of pointless when 1/2 goes to military 1/4 to banks, the rest for poorly organised social services. Better off setting up a separate foundation / charity or it will just get recycled back into wealth disparity activities. No point raising tax revenues when its spent on war inc and wallstreet."}
{"_id": "286267", "title": "", "text": "\"Indeed, the correlation has been across all stocks and even branching out to other asset classes on a lot of days.  As a sort of \"\"hedge\"\" I like to use high yielding dividend stocks as my trading vehicles.  If all stocks are going to trade in tandem I may as well have downside protection built in.  Dividends do that.  I gain from a churning market and if I get the macro wrong then I can double or even triple down for the div yield.  I like it...so far no holes in the plan have formed up.  Been working well for a couple of years.  As far as the macro I think the correlation to the euro will break if Italy gets past its late January '12 auction.  My whole thesis falls apart if that auction does not snap the capital markets like a twig.  I'd have to get more bullish overall.  If they also get past the big Febuary auction then I think the euro will be convincingly out of the woods.\""}
{"_id": "286274", "title": "", "text": "\"It goes beyond that, its the number of human beings we can think of as \"\"people\"\", we cannot imagine the possibility of there being thousands of people out there (let alone billions) so we associate the actions of many people to be done by one agent, so people say things like \"\"The government wants\"\" and \"\"The elite want\"\", \"\"the Jews want\"\", \"\"China wants\"\". You can also do this with companies like that guy did, who took the actions of thousands of people, which our meat minds cant understand, and made it the action of one person, which we can understand.  I am an expert on the subject, I read both the cracked article and the wikipedia article, sorry sir but you are wrong.\""}
{"_id": "286296", "title": "", "text": "A stock represents your share of ownership in a corporation. All of these shares indicate towards your part of ownership in a corporation a shareholder, stockholder or a shareowner in a company. In order to get a stock, be sure to secure the assistance of a licensed stockbroker to buy securities on your behalf. Yes, anyone having substantial amount of money to invest can buy/own/use stocks. Holding a stock for less than a year makes it a subject to tax on your regular income for short-term gains. Most of the people find it higher than the capital gains. In addition, your annual income also comes into play."}
{"_id": "286298", "title": "", "text": "This isn't about laziness but rather brand recognition.  Someone who wants to buy coke will be looking for the classic red can they always get, while avoiding the swill that is diet coke.  Subconsciously they may even associate the white coke cans with the inferior taste of diet coke.  The consumer might even select a case of Dr. Pepper because of this."}
{"_id": "286313", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Glencore gains approval to buy into Rusal's Ukrainian alumina plant](https://np.reddit.com/r/talkbusiness/comments/77zjgp/glencore_gains_approval_to_buy_into_rusals/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "286320", "title": "", "text": "I have sold a few items on ebay.  The biggest issue I have with ebay is all of the fees.  I am not sure how much has changed recently, but when I was selling stuff it felt like ebay and paypal took a large chunk of the money.  I could be wrong, but it seemed like they were getting around 35% or more of my 'profits'.  Of course, you then have the shipping fees on top of that, which will run a few bucks on common items.  For items that sell for around $20 on ebay, I felt like I was ending up with about $5 in my pocket.   I have used Amazon to sell used books, though I haven't done that for about a year or so.  They had no fees for listing items, and the item remains listed for about 90 days.  If it sells, they process the payment and can deposit it into your bank account or provide an Amazon gift certificate.  I forget Amazon's fees, but I remember that it didn't seem to be as frustrating as the ebay/paypal price structure."}
{"_id": "286321", "title": "", "text": "**Linux**  Linux (pronounced /\u02c8l\u026an\u0259ks/ LIN-\u0259ks or, less frequently, /\u02c8la\u026an\u0259ks/ LYN-\u0259ks) is a Unix-like computer operating system assembled under the model of free and open-source software development and distribution. The defining component of Linux is the Linux kernel, an operating system kernel first released on September 17, 1991 by Linus Torvalds. The Free Software Foundation uses the name GNU/Linux to describe the operating system, which has led to some controversy.  Linux was originally developed for personal computers based on the Intel x86 architecture, but has since been ported to more platforms than any other operating system. Because of the dominance of Android on smartphones, Linux has the largest installed base of all general-purpose operating systems.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.21"}
{"_id": "286328", "title": "", "text": "\"If there are no limit orders on the opposite side of the book when your market order gets its turn for execution, it should be rejected by the market.  A market order should generally not \"\"sit on the book\"\" like your question suggests waiting for another order to arrive.  Thus, the situation that you describe should not happen in an ordinary market that is operating in an orderly fashion. This is not to say that your order cannot \"\"sit\"\" for a while in a queue - If there is heavy volume, orders will be executed in order, so your your market order may have to wait for orders entered ahead of it to be processed.  But once its turn comes up, that's it. There are some related points to consider: I should caution that my answer is biased a bit to US stock markets, whereas you asked about currency markets.  I believe the same basic principles apply, but I'd be swayed by someone with evidence to the contrary.  I'd also note that currency tends to be more liquid than stock, so I think it's less likely that this situation would come up.  Maybe possible for a \"\"weak\"\" currency or a currency that experiences a sudden crisis of some sort.\""}
{"_id": "286329", "title": "", "text": "This is a review of Broad and Wade\u2019s Betrayers of the Truth. The author uses a subtitle which is revealing: the loyalist responds to heresy not by seeing that something might be wrong, that there may be some merit to this sort of reassessment, but by defending the ideology. Zinder has managed to misread Broad and Wade in several places. There is sufficient misrepresentation to mean that he read the book very selectively. \u201cThe authors continually confound science with scientists. And the book not only fails to enlighten us on science but doesn\u2019t even begin to provide any insight on scientific method.\u201d (p. 94) \u201cThirty four cases of fraud over a 2,000 year period are documented in the book, a number roughly comparable to the number of lawyers who went to jail for Watergate. Despite this small number, the authors imply that scientific fraud is common. They estimate that there are 100 additional major frauds, plagiarisms, and data fabrications for each one detected"}
{"_id": "286335", "title": "", "text": "I couldn't find historical data either, so I contacted Vanguard Canada and Barclays; Vanguard replied that  This index was developed for Vanguard, and thus historical information is available as of the inception of the fund. Unfortunately, that means that the only existing data on historical returns are in the link in your question. Vanguard also sent me a link to the methodology Barclay's uses when constructing this index, which you might find interesting as well.  I haven't heard from Barclays, but I presume the story is the same; even if they've been collecting data on Canadian bonds since before the inception of this index, they probably didn't aggregate it into an index before their contract with Vanguard (and if they did, it might be proprietary and not available free of charge)."}
{"_id": "286356", "title": "", "text": "Romney does not lack intelligence, wisdom, or skill. Anyone who would claim that I would say is blinded by bias.  He is very good at what he does. Unfortunately what he does is not what I believe needs to be done for the USA.  I disagree with the man's ideals and beliefs, but I don't underestimate his ability."}
{"_id": "286383", "title": "", "text": "Because companies (big or small) only pay taxes on *profits* rather than *revenues*. It can't be any other way, really, because of the $5 you pay for the big mac, most of that goes to pay suppliers and employees and only perhaps $0.50 would be profit.  But that fact also opens up all sorts of loopholes. For example, a US company can license a patent from a Cayman Islands company, and make yearly payments. Thus, the US company no longer has any profits, and all of that money winds up in the Caymans.  That's a trivial example, but there's an entire industry dedicated to doing this shit. I'd be impressed if you could craft any law that banned this without also banning legitimate international commerce."}
{"_id": "286387", "title": "", "text": "Fuel injection systems have a special device called Electronic Control Unit which controls power to the fuel pump. It is specially programmed to shut off the fuel pump if it detects zero or low pressure. This safety feature avoids the risk of fire in the engine compartment in case of terminal or collisions failures."}
{"_id": "286409", "title": "", "text": "\"I carry 2 devices.  That said - at my job we were getting emails 24 hours a day, 7 days a week.  And at the same time there was no recognition of it by my employer and they wanted to know if you took a \"\"sick day\"\" or \"\"vacation days\"\" --- which is bizarre since for 6 years I never had so much as one day where I was truly off-off.  I was answering emails right before I walked outside for my wedding.  You HAD to be on it all the time.  It was nuts.\""}
{"_id": "286423", "title": "", "text": "All the best to your sister's business. That being said, if she doesn't have a lot of these things (or at least a team that does) by now she may not want to open the restaurant just yet. There's lots of great cooks, but it's a different beast when they have to run the whole show. The success failure ratio for new restaurants is pretty staggering.   Again though, best of luck to her. With hard work and proper marketing you can make it."}
{"_id": "286459", "title": "", "text": "The last week is the most important. The Q and As are the most important because that is where you will see yourself be challenged. 83 is about where I was, but I also passed because I was busting my butt the week before the test. I know people who got confident and relaxed the last week and ended up failing. Finish strong, that's what I would focus on, not what your score is. Also, take the day off before the test and maybe watch a video or two. The practice tests are a better indicator of your score because they are closer to the actual test, but they aren't as challenging."}
{"_id": "286461", "title": "", "text": "Yes, there is a profession that does exactly what you're looking for.  It's called a fee-only financial advisor. These are professionals who (in the United States) enter into a fiduciary relationship with a client, meaning they are legally required to put your financial interests above all other considerations (such as any behind-the-scenes incentives to promote certain products).  Between that requirement and the fact that they are paid for their time (and not on commission), they have zero incentive to try to sell you anything that you do not need.  Their only job is to help you with your financial situation.  (Of course, some of them may be better than others.) See the profession's website here to find such an advisor near you. (Credit to Marketplace Money, the old name for Marketplace Weekend, for mentioning fee-only advisors at least 87 times per show.)"}
{"_id": "286466", "title": "", "text": "Gosh don't do either!  Unless you are fully funding you ROTH accounts and even then I wouldn't do it.  Those interest rates are free money.   You are giving away the best bargain in the history of home mortgages. Don't you think you can make more than 4% on your money invested?   Don't you think in 5 years you will be able to make 4% on bond/cd's/ and other low risk investments? Don't forget money you pay in the 2020's on beyond to your mortgage are inflationary dollars.  Do you think that money will be more valuable in the 20's and beyond? I don't.  Roths are free money too.  Think if you put 11k in there a year how much would you have at the end of it tax free.  There is a reason you can only put $5,500 in them, they are too good a deal tax wise to let people put too much in there. Think about this my parents bought their home in 1967 their mortgage was $170 a month.  Inflation hits and the interest they are paying at 8%! mind you, it was still a laughable amount of money each month for mortgage payment from 1977 and on. Also I bought a $450,000 house 38 months ago.  Instead of putting down 180 I put down 80 I let the other 100k in my investment account and moved 5.5k over to Roth every year. I now have a roth worth $38k and an investment account worth $105k.  I made 40k on my money those three years and the 38k is tax free! If you don't believe me call the help line at clarkhoward.com  Get over the emotional need to be debt free and make a logical finical choice.  I am begging you to think about this.  This post could save you tens of thousands of dollars. Let me put it one more way.  100k in debt with 100k in investments is debt free living.  Especially when you debt is under 4% and a tax write off."}
{"_id": "286494", "title": "", "text": "People buy stocks with the intention of making money.  They either expect the price to continue to rise or that they will get dividends and the price will not drop (enough) to wipe out their dividend earnings."}
{"_id": "286525", "title": "", "text": "There is a LOT of shuffling going on in the financial services industry. I would not immediately say your advisor is acting in bad faith. The DOL fiduciary changes are quite significant for some brokers. Investment Advisors who are fee-based have less of an impact since they are already fiduciaries. That being said, your issue is still the same. How can you get a low-cost solution to your problem? You might want to consider Vanguard, Fidelity, or another mutual fund company that can keep your costs low. However, you should understand that if you are using mutual funds, the fees are paid one way or another. 12b1 fees, commissions, and expenses are all deducted from the fund's gross returns.  You have to choose between low cost and paid advice. you cannot get high-quality low-cost advice. Fortunately, there are a lot of new solutions out there, robo-advisors, indexing, asset allocation mutual funds, ETFs, and more. Do a bit of homework and you should be able to come up with a reasonable solution. I hope you found this helpful. Kirk"}
{"_id": "286527", "title": "", "text": "Simple, there is no magic price adjustment after sales - why do you expect the stock price to change? The listed price of a stock is what someone was willing to pay for it in the last deal that was concluded. If any amount of stock changes ownership, this might have the effect that other people are willing to buy it for a higher price - or not. It is solely in the next buyer's decision what he is willing to pay. Example: if you think Apple stocks are worth 500$ a piece, and I buy a million of them, you might still think they are worth 500$. Or you might see this as a reason that they are worth 505$ now."}
{"_id": "286535", "title": "", "text": "When we got our mortgage in the state of Washington, in the United States, we had to get title insurance before our lender would loan the money. This ensures that the person selling us the house actually owns the title, clean and clear. If there are any surprises, the insurance covers us (or the lender, really)."}
{"_id": "286544", "title": "", "text": "\"This is one correct answer.  Googling \"\"cable card host\"\" and poking around is another.  Neither Motorola, Cisco, nor Pace will sell directly to consumers.  The problem here is the perceived lack of a \"\"real\"\" market. Each CableCard host to be deployed needs to be certified via [CableLabs](http://www.cablelabs.com/), and no feed provider will allow non-certified hosts, which makes sense.  You'd think there would be a line running around the block for certification, but there's not.  You'd think someone would put together a CableCard 2.0 (implying two-way communication, vod, etc) box with youtube, netflix, hulu, etc support, but there's not.\""}
{"_id": "286549", "title": "", "text": "I traded penny stocks for a bit then switched over after I found out the bitcoin I bought was worth $1400 each years ago when it first inflated. Now I trade BTC, LTC and NMC. Only trading coins I believe in and will be around long term."}
{"_id": "286567", "title": "", "text": "I recommend that people think for themselves and get a multitude of counselors.  The more you understand about what drives the prices of various assets, the better. Getting to good advice for a particular person depends on the financial picture for that person.  For example, if they have a lot of consumer debt, then they probably would be better off paying off the debt before investing, as earning 5% (say) in the stock market year over year will be eaten up by the 18%+ they may be paying on their credit cards. Here's a starter list of the types of information that would be better to have in order to get fair investment advice."}
{"_id": "286575", "title": "", "text": "The only mission and vision we have at F&amp;H Heating &amp; Plumbing is to make the experience of our each of the client as smooth and pleasant as possible. We value our customers and are committed to deliver them the best. This is the reason that we carry a high repute in Pennsylvania and its surrounding areas. We pride ourselves on the elite image we have been carrying for years and strive hard to maintain it."}
{"_id": "286581", "title": "", "text": "It really wouldn't have been hard to do.    Microsoft was approaching mobile developers throwing money at them to develop on their platform.  Imagine a world where instead they chose to compete.   Come in at a 15% rake instead of a 30% rake android and iOS were on.    Instead they too got in with a 30% rake on revenues.     The store was a joke too.   There was two we had to code for.  Two different windows stores with two different apis.   It wasn't worth it at all."}
{"_id": "286584", "title": "", "text": "\"Dunno if you saw the recent NYT article [Trump and the True Meaning of Idiot](https://www.nytimes.com/2017/06/12/opinion/trump-and-the-true-meaning-of-idiot.html). It's amazingly not about boring insults but rather a interesting look at the etymology of the word \"\"idiot\"\", which echoes some of the themes you just mentioned.  It's a topic similar to one I've explored myself in my own writings as [Tax Policy and the Dewey Decimal System](http://netsettlement.blogspot.com/2009/02/tax-policy-and-dewey-decimal-system.html).  I think integrating personal goals into societal goals is something we don't all see the same, and push comes to shove on that \"\"rugged individualist\"\" thing.\""}
{"_id": "286592", "title": "", "text": "In addition to the other comments there are things like training costs. Lower paid employees tend to turn over more quickly so instead of training one employee for 4 weeks and staying for 3 years you spend 12 weeks over that same time period as the minimum wage employees each only stay for a year. Also, you aren't necessarily scheduling all three people at the same time, it might be 3 part time workers at $12 an hour covering one role vs. one full time $20 employee working 40 hours a week."}
{"_id": "286599", "title": "", "text": "Krijg kunstmatig gedroogd brandhout voor uw kachel en open haarden bij De Haardhout Handelaar. Wij zijn toonaangevende online leverancier van oven gedroogd Oak, Birch, Mix Birch, Ash firewoods pallet tegen een betaalbare prijsklasse. Onze brandhout wordt warmte-behandeld om het vochtgehalte te verminderen, waardoor stoken directe en minder rook. Wij accepteren alle soorten opdrachten en leveren door heel Nederland, zonder extra verzendkosten. Bestel het v\u00f3\u00f3r 17u, en je hebt je brandhout al de volgende dag in huis."}
{"_id": "286606", "title": "", "text": "No, it's just a reasonable look at how Monsanto and it's cult of excuse makers present their case by flooding discussions on Internet threads. I've watched it happen since the early Slashdot days. They've had social media response teams longer than we've used the phrase social media."}
{"_id": "286607", "title": "", "text": "Saying the government bailed out the entire financial system is just completely foolish and ignorant. The list of institutions (with the amount) that got bailed out is public. I will let you do the research because along the way you might gain some well needed knowledge on that matter. I'll two example of financial institution that didn't get bailed out, Berkshire Hathaway and Lehman Brothers.   Writing a letter is not my style. To show my gratitude I rather try educate people like you who do not understand the bailout program and why it was such an important decision.   PS: I'm still waiting on your answer for my two questions I asked in my previous post.   ''Intelligence is real but for some, it's just a fantasy'' =Winston Churchill"}
{"_id": "286632", "title": "", "text": "Yes. Borrowing more against your home means you will pay more interest for your home. Specifically:  Does this increase the amount of interest on my home loan by $144.56 per month to start with? Yes, that is exactly what it means. As to whether or not that is a good use of the money, I can't say. You're making various assumptions here... They could be accurate or, if this is your first rental home, they could be wildly optimistic (100% occupancy rate? that won't last). Additionally, houses are physical goods which depreciate. Put another way, they fall apart, and you (as the owner) are responsible for fixing it. You have the basic idea right, I just think you should plan for a worst-case scenario, and it looks like you're planning for the best."}
{"_id": "286635", "title": "", "text": "Supply and demand... It creates an equilibrium.   Right now there is a food surplus so prices and production should go down.   If there is a food shortage... Prices should be allowed to go up which will create money-making opportunities and food production will increase.  The Communist types of US agriculture policies don't fix pricing, supply or demand issues.   Being able to produce agriculture products below cost creates a surplus that winds up getting dumped on other countries.   Government subsidy corn from the US has decimated the agriculture industries in countries that don't subsidize agriculture like Mexico.   Our communist types of agriculture policies hurt WAY more farmers than they help."}
{"_id": "286653", "title": "", "text": "\"Travis created a business that does not generate enough value for customers for them to actually pay in excess of the cost for providing that service. In other words, it has god-awful unit economics. With customers only paying 40% of the cost of an average fare, Uber would have to raise prices by 2.5x just to *break even*. When prices are up by just a couple of bucks, everyone already checks Lyft first. If it doubles or triples, they'll be taking the bus again.   &gt; He essentially invented the \"\"sharing economy\"\"   Uber wasn't even his idea, it was one of the co-founders that brought it to Travis. Travis thought it was a stupid idea at first, but eventually came around on it. Spoiler: he was right the first time.    &gt; and has the most valuable startup ever  The most overvalued startup ever*. FTFY.   &gt; how is that a \"\"shitty CEO\"\" lol.  It's sort of the definition of one.\""}
{"_id": "286654", "title": "", "text": "\"In most jurisdictions, both the goods (raw materials) and the service (class) are being \"\"sold\"\" to the customer, who is the end user and thus the sale is subject to sales tax. So, when your friend charges for the class, that $100 is subject to all applicable sales taxes for the jurisdiction and all parent jurisdictions (usually city, county and state). The teacher should not have to pay sales tax when they buy the flowers from the wholesaler; most jurisdictions charge sales tax on end-user purchases only. However, they are required to have some proof of sales tax exemption for the purchase, which normally comes part and parcel with the DBA or other business entity registration paperwork in most cities/states.  Wholesalers deal with non-end-user sales (exempt from sales tax) all the time, but your average Michael's or Hobby Lobby may not be able to deal with this and may have to charge your friend the sales tax at POS. Depending on the jurisdiction, if this happens, your friend may be able to reduce the amount the customer is paying that is subject to sales tax by the pre-tax value of the materials the customer has paid for, which your friend already paid the tax on.\""}
{"_id": "286656", "title": "", "text": "\"I'm going to answer your questions out of order. Emergency fund: Depending on how conservative you are and how much insurance you have, you may want anywhere from 3-12 months of your expenses on hand. I like to keep 6 months worth liquid in a \"\"high-yield\"\" savings account. For your current expenses that would be $24k, but when this transaction completes, you will have a mortgage payment (which usually includes home-owners insurance and property taxes in addition to your other expenses) so a conservative guess might be an additional $3k/month, or a total of $42k for six months of expenses. So $40-$100k for an emergency fund depending on how conservative you are personally. Down payment: You should pay no less than 20% down ($150k) on a loan that size, particularly since you can afford it. My own philosophy is to pay as much as I can and pay the loan off as soon as possible, but there are valid reasons not to do that. If you can get a higher rate of return from that money invested elsewhere you may wish to keep a mortgage longer and invest the other money elsewhere. Mortgage term: A 15-year loan will generally get you the best interest rate available. If you paid $400k down, financing $350k at a 3.5% rate, your payment would be about $2500 on a 15-year loan. That doesn't include property taxes and home-owners insurance, but without knowing precisely where you live, I have no idea whether those would keep you inside the $3000 of additional monthly home expenses I mentioned above when discussing the emergency fund. That's how I would divide it up. I'd also pay more than the $2500 toward the mortgage if I could afford to, though I've always made that decision on a monthly basis when drawing up the budget for the next month.\""}
{"_id": "286668", "title": "", "text": "\"There's an aspect to real estate that's under-discussed. When you take all factors into account, it just about keeps up with inflation over the long term.  Three factors: Now - when you normalize all of this, calculating the \"\"hours worked\"\" needed to pay for the median home, you find a nearly flat line at just over 40 or so hours of pay per month.\""}
{"_id": "286679", "title": "", "text": "No citation, but I once read the average holding period of a 30 yr treasury is 8 hours. A rise in the rate by just .1% will drop the value by just under 2% wiping out nearly a full year's gains. With 29 years to go the value of the 3% bond will be worth $981 if the rate were then 3.1% It's at 3.16% the bond would drop to exactly $970 after the year, i.e. you've gotten no return at all.  I view this as pretty high risk."}
{"_id": "286683", "title": "", "text": "\"You're an expert?  No, I'M an expert!    You display a reasonable understanding, don't get me wrong, but your desire to label this particular behavior as \"\"within\"\" the monkeysphere paradigm belies that claim of expertise. It's related to, but not described by or explained by the monkeysphere without gross oversimplification.   That or you're living up to good old' \"\"man with hammer see every problem as nail.\"\"\""}
{"_id": "286689", "title": "", "text": "The withholding tax is considerred income tax that is submitted early. Note that the above withholding tax amounts are only estimates, which you will show on your tax return as taxes already remitted. Taxtips website"}
{"_id": "286698", "title": "", "text": "I can't say I know everything about the underlying details, but from what I understand, your limit buy adds to the bid side of open orders, and one possibility is that someone placed a market order to sell when the bid price for the stock fell to $10 which was matched to your open limit order. So using your terminology, I would say the spot bid price is what fell to $10, even if for a brief moment. Whether or not it is possible for your order to be filled when the limit buy price is deeper than the current bid price is beyond me. It may have something to do with lot sizes."}
{"_id": "286705", "title": "", "text": "I can bring the business side of things to the table. I have a mastrey in accounting and finance. Also, I know of some key players in the market that I am trying to target, so I can bring contacts to the table.   To answer your question about coding, this is a early stage startup and I would need someone who can code for automated drones and other softwares."}
{"_id": "286709", "title": "", "text": "\"Apologize - replied without actually looking at the financials. After reviewing -- Starbuck's financial statements use the line item \"\"Cost of sales including occupancy costs.\"\" This is very different than \"\"hiding\"\" rent in COGS, as they plainly describe what it represents. Anyone who wants to derive true cost of goods sold without occupancy costs can look in the footnotes of the financials to find the lease expense for the year and subtract it. This line item is used by multiple public companies (Whole Foods is one that comes to mind), and regardless of their true motives, they have convinced the SEC that they think it gives the consumer the most accurate view of their business operations. As with all financial statements, the footnotes play a crucial role in understanding how a business works. If you want to find opportunities for future value or an Achilles heel, look in the notes.\""}
{"_id": "286710", "title": "", "text": "Know more about Mr. Raphael Lilla by connecting with him on one of the biggest platforms with world\u2019s most renowned decision-makers and industry experts. The platform offers a detailed profile of Mr. Raphael Lilla, his professional experiences, commitments, industry expertise and other professional affiliations."}
{"_id": "286732", "title": "", "text": "It is one of the most fascinating and rewarding experiences when flying your best RC helicopter. Over time, the helicopter begins to slow down. Here, you will notice that the battery life is on for a few minutes. Other than that, you may encounter an irritating pen that keeps the gas level low."}
{"_id": "286746", "title": "", "text": "You can put them in a 5 years CD and getting a maximum of %2.5 APY if you're lucky. If you put 15k now, in 5 years you'll have $1.971. If it sounds good then take a look at the current inflation rate (i'm in usa)... If you want to think about retirement then you should open a Roth IRA. But you won't be able to touch the money without penalties (10% of earnings) before you get 59 1/2 years old. Another option would be to open a regular investment account with an online discounted broker. Which one? Well, this should be a totally separate question... If you decide to invest (Roth IRA or regular account) and you're young and inexperienced then go for a balanced mutual fund. Still do a lot of research to determine your portfolio allocation or which fund is best suited for you. Betterment (i never used it) is a no brainer investment broker.  Please don't leave them in a generic checking or low interest savings account because you'll save nothing (see inflation again)..."}
{"_id": "286765", "title": "", "text": "He posted it to an internal social network, shared it with a few colleagues, and someone shared it more colleagues, then someone sent it to the press.  Unfortunately, anyone could access it.  Hasn't anyone learned anything from JFK? Don't write shit down, especially not in the digital era, unless it's a CYA. Paper trails are how you end up looking for a new job."}
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{"_id": "286776", "title": "", "text": "And his point is completely wrong. My point is that there's a hell of a lot more to taking a photo than just possessing a fancy camera. Amateurs cannot compete with profesionals just because they can afford the same camera.  A professional can take a better shot with a cellphone than an amateur can with a $3000 SLR."}
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{"_id": "286809", "title": "", "text": "\"Fitting a description? Stop it. That's a gut feeling you have no evidence of.  Let's talk numbers.   She took home $76 a day from Popeyes without taxes. She currently only has one job, so let's operate on that.  She takes home $313 after taxes a week coming to $1278 per month.  She has two sons. Let's say she has a two bedroom apartment. The medium price for that in Missouri is $883. The article mentioned her son's were two bus rides away. She can't drive because she can't afford insurance. A monthly bus pass for one person in Kansas City is $50. After Taxes, Rent, and transportation she has $345. According to USDA, her two sons would need $348 for a month \"\"thrifty\"\" (lowest income) level food budget because they're 14 and 15. She's already broke after Food, Rent, and Transportation.   We haven't discussed utility or phone bills. Her children's transportation,Internet service, Clothing,Heat, or School supplies.   Are their larger issues at play that allow this to happen? Absolutely. However,  the minimum wage used to keep a family of three out of poverty. She's the head of a family of three and she's homeless. Her spending habits could've been better when she had two jobs. However, we don't know those, Her debt,  the percentage of her money that goes to health care or any ailments her children might have, but we do know she suffers from high blood pressure. Which the average black patient spends $887 a year on hypertension medication.   You're also completely disregarding that poor people can't do things in Bulk. It's more sensible to buy something that cost 0.15 per unit as opposed to 0.25 per unit. However, if you can't afford the bulk item, you're stuck buying the one with less value.   Her house was condemned. She had to move. Signing a lease usually requires The First Month, Last month, and security deposit. If we're operating on the median rent, we're asking her to come up with close to 2700 dollars in a day.   Do I think we should have a nation $15.00 Minimum wage? no. Do I think minimum wage should be based on average cost of living and median housing in states/large cities? Yes.  Sources:   https://www.cnpp.usda.gov/sites/default/files/usda_food_plans_cost_of_food/CostofFoodJul2014.pdf  https://www.cbsnews.com/news/most-americans-cant-handle-a-500-surprise-bill/  http://piperreport.com/blog/2013/05/13/health-care-spending-hypertension-cost-high-blood-pressure/  http://store.kcata.org/31daypass.php  /u/philosoraptor1000 it's not just personal responsibility. The cost of living has skyrocketed. The minimum wage hasn't. Your sarcasm is trash too.   /u/thewaywardsaint This sub has become a joke because users like you spew trash, condescending, opinions instead of voicing your opinion using facts, concepts and numbers.\""}
{"_id": "286825", "title": "", "text": "There is no difference in taxation in India if you transfer every month or bulk. If you use specialized remittance services from leading Indian Banks, there would be little difference in fees. Assuming you are keeping the funds in NRE account in India and hold it in GBP, you get a slight better rate of interest that what you would get in UK. The interest would not be taxable in India, however it would be in UK. If you convert the funds at hold it in NRE, Rupee account, you would get still better rate of interest. However you are taking the Fx risk when you try and convert this back to GBP incase you decide to stay on.  There are no right or wrong answers Edit: There is no limit on the amount of funds earned as NRE that can be got into India tax free. There is a time limit of 7 Years to get the funds back to India tax free. From a tax point of view if you transfer into NRE account its easy. If you transfer into Normal Savings account you would need some paperwork."}
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{"_id": "286843", "title": "", "text": "There are a few potential downsides but they are minor: If you forget to make the payment the interest hit the following month could be significant. With many cards the new charges will be charged interest from the start if the previous payment was late/missed. Just make sure you don't forget to pay the entire bill. If the $5K in monthly bills is a large portion of the credit limit for that credit card you could run into a problem with the grace period. During the three weeks between when the monthly bill closes and the payment is due, new charges will keep rolling in. Plan on needing a credit limit for the card of 2x the monthly bills. Of course you don't have to wait for the due date. Just go online and pay the bill early. If the monthly bills are a significant portion of the total credit limit for all credit cards, it can decrease your credit score because of the high utilization rate.  The good news is that over time the credit card company will increase your credit limit thus reducing the downsides of the last two items. Also keep in mind you generally can't pay a credit card bill or loan with a credit card, but many of the other bills each month can be handled this way."}
{"_id": "286846", "title": "", "text": "A VAT means that the cost of goods in your country just went up by that VAT percentage. This would mostly effect how the poor and middle class spend their money which currently is very selective.  Additional economy slow downs can generate another recession.   That's what I understand, anyway. The numbers in this numbers game are very very important and is difficult to generate in theoretics."}
{"_id": "286852", "title": "", "text": "\"I agree: he evidently has critical thinking skills, but his on-screen persona takes over everything he does. With DJT in the White House, though, the whole \"\"bully-alpha-dude\"\" disguise has lost a TON of credibility as a sign of business acumen for the masses, so if I was him I'd try to be less of a c**t when the cameras are rolling, frankly.\""}
{"_id": "286866", "title": "", "text": "There is nothing to worry about. There is absolutely nothing unusual about moving money between your own accounts, even if they are in separate financial institutions. I moved $200,000 when I was getting ready to by my house; I have moved similar sized chunks for other purposes. A large transfer may get some attention to make sure you aren't doing anything illegal with the money and aren't being scammed... but if the transaction is legitimate, that attention is harmless."}
{"_id": "286870", "title": "", "text": "I can assure you a lot of middle and junior managers have the CEO qualities in them. They don't get offered that job because the board is too busy offering that job to their friends and acquaintances.   Middle Managers, Startup Entrepreneurs, Fantastic Engineers don't stand a chance. Friends of Friends are preferred over talent.    There's enough supply of CEO Material."}
{"_id": "286881", "title": "", "text": "I had a client that BoA forced escrows, and then forgot to pay their insurance company, and during the period the client's policy lapsed. While the policy was lapsed, a tree fell on the roof during a storm creating a huge hole. When they contacted their insurance, they were of course told the policy was cancelled for non payment. When they contacted BoA they admitted to their mistake and apologized, but accepted no responsibility in helping the homeowner with repairs. Instead, they gave them back the 2 months of escrows, and stopped collecting escrows for insurance and taxes all together.  My client spent all the money they were reimbursed, and had saved up fixing their roof, and couldn't make payments that following month. BoA threw their hands up and said oh well, not our problem. They explained why they weren't able or prepared to pay them on time, and eventually ended up falling 3 months behind, when BoA decided to foreclose on them.  Being average consumers that didn't know their rights, they lost their home, but have now filed suit. One could only hope the court awards these people maximum damages. BoA needs to be taken down, and has no business being in existence after all they have done to the consumers."}
{"_id": "286900", "title": "", "text": "\"To summarize, the money never existed. The best example I can give is the housing bubble. Houses were being bought on credit worthiness and this pushed the house prices and values up as if the houses had been bought with real money. When people couldn't make their payments, the house prices crashed.  The boom and bust cycle is simply credit being overextended (boom) and when there is not enough money in the system for everyone to repay all their debts it crashes (bust).  The real question that people should be asking is not \"\"Where did all the money go?\"\", but \"\"Why is money issued by private banks?\"\"  Money is a social invention to facilitate trade. Should it not be like a public water utility? Counterfeiting is illegal except when a private bank does it. Money should not be variable in value and economics will never be a science if the measurement of value is not standardized. All natural sciences have standards of measurement like meters, joules, degrees, etc. Money must decrease in value constantly because all money is issued at interest. We essentially pay rent on all money that isssued and the interest can only be repaid if more money is created, once again at interest. This is why economists generally say some inflation is good. Finance has told them interest is a given on the issue of money when in reality, money is just an IOU that requires no such interest payment for it's issue.  Interest should be made if a loan is issued against savings, but not for the simple issuance of money. There should be public banks that issue the money and private banks for investment. You can read more about this from reading about Arthur Kitson. In this way, the public controls the value of it's money, not private bankers that use the issue of money to transfer wealth to an idle financial class.  If you want to get into the differences between wealth and debt, read the work of Frederick Soddy. It's off topic from this thread but really interesting to see how he relates real science to economics and how our current economic system is not scientific in the least. Wealth is subject to the laws of thermodynamics while debt is an invention of the human will. Debt never rots or degrades with time and can expand exponentially through compound interest - nothing in the natural world does this.\""}
{"_id": "286903", "title": "", "text": "I mean, sure. But that has nothing to do with gdp-ppp, mostly because I'm pretty sure you can't pay for spying with yuan.  GDP-PPP is the metric people point when  they *really* want the US to no longer geopolitically matter.  In reality, China has got a long way to go before they get to the point of truly challenging the US."}
{"_id": "286906", "title": "", "text": "if you buy from amazon, they have to ship it to your home.  if you buy from wal-mart, they have to ship it to a location very near your home; probably not a significant difference there, in terms of shipping.  in fact, wal-mart might have less, since they ship very near your home in bulk, whereas amazon uses fedex or UPS"}
{"_id": "286930", "title": "", "text": "There is an opportunity cost of your future insurance needs, Here, the savings vs risks ratio is difficult to figure out. Hence it is always worth that extra cost to buy the larger and longer policy if you can afford it. Basically if you can afford it today, it will cost peanuts after 20 years."}
{"_id": "286935", "title": "", "text": "If you\u2019re concerned about transferring  USD, I can\u2019t really help you there. But if you\u2019re looking to transfer wealth, I believe that\u2019s where something like Bitcoin could help you. In fact a small or nonexistent processing fee is one of Bitcoin\u2019s biggest strengths as a currency. Off the top of my head, I believe BitPay has services that would suit your needs. And if you\u2019re worried about the volatility of Bitcoin, you can always convert it straight to USD just so you can avoid service fees!"}
{"_id": "286942", "title": "", "text": "In order for you to send me check for $10 you would have to know my banking details. You would have to know the bank number and the account number. Giving you this information does put my funds at risk.  While you would know this for a small circle of friends you wouldn't know this for everybody. My parents have 19 grand kids. They would have to know the banking account information for all 19. While my parents can be trusted with this information their grand children would have to make sure that they had the updated information. Instead they just mail them a check or give them a check on their birthday or other special occasion. Most of the time that money needs to be transferred it is not important that it immediately be converted to cash. The question you referenced is about how the Unbanked function: The unbanked are adults who do not have their own bank accounts.   Along with the underbanked, they may rely on alternative financial   services for their financial needs, where these are available. These people need check cashing places to get money. They don't have a bank account. There is no place for you to electronically send money. Every source of income for them has to start as cash, or be converted to cash. All spending they do is by cash. If they need to pay by check they convert cash to a money order for a fee."}
{"_id": "286965", "title": "", "text": "These videos are good from a historical perspective, but some salt needs to be taken with them. They push forward the idea that the economy must always be expanding due to interest charges, but that is essentially not true (if the bankers spend their interest earnings, then no expansion is necessary)."}
{"_id": "286967", "title": "", "text": "You can say it's a bad proxy but practically all the richest people have their money tied up in equities, and it would be foolish for them not to. You have to include that somehow. Net worth is not just liquid assets"}
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{"_id": "286981", "title": "", "text": "I was in a very similar place 10 years ago. I was in my mid 20's with 45K in combined school + personal/business related debt and working in IT for not very much. I already had 10-15K in debt when my college loans first came due and it was the first time I really had to come to terms with the hole I had dug myself and I spent weeks at a time obsessing over plans that would help me get out of debt. It effected my health and my relationships. I felt like I was never going to come out from under it. My family was very much lower middle class (&lt;30K household income) and I wasn't going to get or expect any help there so I went to work and made it a point to make sure every personal and professional decision I made was conducive to my long term goals and before I knew it they became short term goals.   Find out what your basic monthly need is, be brutally honest, cut back on things like cable tv ( I still don't have it ), reduce your phone plans, borrow things when you don't have to buy them and send that money to your debt. Pick up some hobbies that don't cost much. These are all minor sacrifices. I got back in to playing the piano and spent a lot of time at the beach in the summer and caching up on books I'd always meant to read in the winter.   I ran a lot of numbers in a spreadsheet but you can play with the numbers with online loan calculators to put some real numbers behind your goals. Here is one that I just tried out http://loan.bizcalcs.com/Calculator.asp?Calc=Loan-Early-Payoff  You'll probably be surprised how much effect a little bit of extra towards a loan can make in the long term.  Put your current college loan details in to it and then see what the effect of an extra 150 a month is. I know you've implied that you really don't have anything extra each month and that is fine. Figure out an amount that gets you moving towards your goals and then start working on a way to make it. Figuring out how to make or squeeze an extra n dollars out of your budget every 30 days is much less daunting than thinking about paying off 50K. You said you are working in IT, I don't know where you live but in my city there are lots of decent IT related jobs. Your first goal might need to be to find a better one.    If possible move around balances until you've got interest rates you can deal with and now that you have solid numbers to plan with consider the effect of making smaller goals. Would you feel as bad if you had half as much debt? How about if you got rid of 10K of debt? Or just your credit cards?  I know I felt a huge relief when I cut my overall debt in half. It felt like a huge part of my burden had lifted, and it had. I could start seeing the end of the tunnel.    I think that one of the biggest changes in my life since then has been the way I look at and think about money and debt.  I didn't really have to sacrifice much. I learned to travel cheaply and whenever I met   a goal I'd reward myself with a small trip. Today I have a very low mortgage payment and I pay my full credit balances each month so I have no revolving bad debt.   I wish you luck and I know exactly where you are standing right now."}
{"_id": "286992", "title": "", "text": "\"Is there a solution here that would allow me to provide him with a   debit card in his name that I could fund, that wouldn't have foreign   transaction fees associated with it (I'd probably be okay with a small   fixed ATM fee).  There are separate issues here.  There is no law limiting bank accounts to U.S. citizens, but most banks will not open an account for a non-citizen outside their declared service area.  There are substantial legal liabilities to the bank in allowing it, whether a citizen or non-citizen.   The difficulty will be compliance with the Patriot Act.  This is an extension of the older \"\"Know Your Customer\"\" doctrine.  It is improbable that the bank could comply with the Act without the potential customer being physically present.  You would have to check with your bank in advance as to their policies.  Banks are not required to accept a customer outside their policies. As to waiving the foreign transaction fee, that is very improbable.  Although a handful of institutions do this in specific cases it is uncommon because the bank isn't actually charging the fee, they are passing it along.  With a credit card they collect interest and waiving the fee can be thought of as a reduction in interest income, that isn't possible on a debit card. You would want to make sure you have a scrupulously honest nephew.  You could be held criminally liable for any actions he takes at both the state and the federal level.  U.S. law is global.  A citizen who commits a crime in any country of the world can be charged for it in the United States.  By being on the account you can acquire any liabilities that are created as an accomplice.  This is a bigger issue at the federal level because 4,000 federal laws do not require criminal intent.  Some do not require you to even know the action happened.  Unlike state law which generally requires you intended to commit a crime and had to be aware of it, federal law often does not.  It is also not adequate that the action is legal in Russia if it would be illegal in the United States. If I get a card in my name, and give it to him to use to withdraw money from ATMs, is that legal? What problems might that cause? It is legal, but you are now strictly liable for its use.  See the above answer.  It would probably get shut down anyway when they phone you and asked: \"\"are you in Russia right now?\"\"  The bank is still liable for you giving away the card.  The bank may close out all your accounts and submit a currency transaction report on you to the Treasury for possible money laundering. Wire the money.  Plan out how much and when, but just wire it.\""}
{"_id": "287014", "title": "", "text": "as someone who was an sap specialist for 2 years, i dont know why on earth you would want to spend your time on learning this software ad working with it. thats like the complete opposite direction to being successful at business"}
{"_id": "287019", "title": "", "text": "For $100 you better just hold it in Mexico.  The cost of opening an account could eat 10% or more of your capital easily, and that won't be able to buy enough shares of an ETF or similar investment to make it worthwhile."}
{"_id": "287035", "title": "", "text": "\"I honestly think lowering the corporate tax rate and allowing money to be brought back into the US are both good for the \"\"average american\"\". I also think his main point is regarding the post 08 rules regarding mortgages and business loans being unnecessarily burdensome and restrictive, which has limited the amount of capital he's able to give those same people. Mind you, this is coming from the guy who didn't take advantage of the \"\"too loose\"\" regulations as well, so I can understand where he's coming from.\""}
{"_id": "287037", "title": "", "text": "The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered. -Thomas Jefferson"}
{"_id": "287066", "title": "", "text": "Jimmy Group tuy\u1ec3n : Nh\u00e2n Vi\u00ean Kinh Doanh  M\u00f4 t\u1ea3 c\u00f4ng vi\u1ec7c : - Ch\u00e0o b\u00e1n c\u00e1c g\u00f3i d\u1ecbch v\u1ee5: t\u00e0i tr\u1ee3 trang V\u00e0ng V\u1eadt Ch\u1ea5t, cung c\u1ea5p chi\u1ebfn l\u01b0\u1ee3c V\u00e0ng T\u00e0i Kho\u1ea3n, t\u01b0 v\u1ea5n V\u00e0ng V\u1eadt Ch\u1ea5t, t\u01b0 v\u1ea5n Ch\u1ee9ng Kho\u00e1n v\u00e0 g\u1ee1 r\u1ed1i trong giao d\u1ecbch K\u00fd Q\u0169y - \u0110\u1ea1i di\u1ec7n Jimmy Group khi th\u01b0\u01a1ng th\u1ea3o c\u00e1c \u0111i\u1ec1u kho\u1ea3n cung c\u1ea5p d\u1ecbch v\u1ee5 - Th\u00f4ng tin s\u1ea3n ph\u1ea9m \u0111\u01b0\u1ee3c \u0111\u0103ng t\u1ea1i https://vangvatchat.wordpress.com/jimmy  T\u1ea3i h\u1ee3p \u0111\u1ed3ng cung c\u1ea5p d\u1ecbch v\u1ee5 c\u1ee7a Jimmy Group t\u1ea1i \u0111\u00e2y  Ch\u00ednh s\u00e1ch : - Doanh s\u1ed1: 100 tri\u1ec7u ti\u1ec1n ph\u00ed d\u1ecbch v\u1ee5 - Hoa h\u1ed3ng: 10% ph\u00ed d\u1ecbch v\u1ee5 - Th\u01b0\u1edfng: 15% ph\u00ed d\u1ecbch v\u1ee5 khi &gt; 100 tri\u1ec7u ti\u1ec1n ph\u00ed d\u1ecbch v\u1ee5 - L\u01b0\u01a1ng th\u00e1ng th\u1ee9 1 l\u00e0: 1 tri\u1ec7u/th\u00e1ng (doanh s\u1ed1 t\u1ed1i thi\u1ec3u 5 tri\u1ec7u) - L\u01b0\u01a1ng th\u00e1ng th\u1ee9 2 l\u00e0: 1,5 tri\u1ec7u/th\u00e1ng (doanh s\u1ed1 t\u1ed1i thi\u1ec3u 10 tri\u1ec7u) - L\u01b0\u01a1ng th\u00e1ng th\u1ee9 3 l\u00e0: 2 tri\u1ec7u/th\u00e1ng (doanh s\u1ed1 t\u1ed1i thi\u1ec3u 15 tri\u1ec7u) - L\u01b0\u01a1ng th\u00e1ng th\u1ee9 4 l\u00e0: 2,5 tri\u1ec7u/th\u00e1ng (doanh s\u1ed1 t\u1ed1i thi\u1ec3u 20 tri\u1ec7u) - L\u01b0\u01a1ng th\u00e1ng th\u1ee9 5 l\u00e0: 3 tri\u1ec7u/th\u00e1ng (doanh s\u1ed1 t\u1ed1i thi\u1ec3u 30 tri\u1ec7u) - L\u01b0\u01a1ng th\u00e1ng th\u1ee9 6 l\u00e0: 3,5 tri\u1ec7u/th\u00e1ng (doanh s\u1ed1 t\u1ed1i thi\u1ec3u 50 tri\u1ec7u)  Y\u00eau c\u1ea7u : - T\u1ed1t nghi\u1ec7p Ph\u1ed5 th\u00f4ng - Kh\u1ea3 n\u0103ng B\u00e1n H\u00e0ng t\u1ed1t - \u01afu ti\u00ean: c\u00f3 laptop v\u00e0 am hi\u1ec3u th\u1ecb tr\u01b0\u1eddng \u0111\u1ea7u t\u01b0 V\u00e0ng T\u00e0i Kho\u1ea3n"}
{"_id": "287067", "title": "", "text": "The economic utility of markets results from price discovery (and the corresponding capital allocation.) Information which changes the material value of a business can come to light, be processed by sentient beings capable of rational thought, and conveyed to the market in the form of a price in an hour. That can't happen in a millisecond.  And don't try to argue about liquidity, because HFT liquidity evaporates in milliseconds in adverse conditions (i.e. when liquidity matters.)"}
{"_id": "287084", "title": "", "text": "The office was in a town called Uxbridge on the outskirts of London - where they were based in 2010 and 2011 (probably a few years earlier also and until they went bust!). That's all I can really remember about it now.  Edit: dates"}
{"_id": "287085", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/06/18/business/dealbook/car-loan-subprime.html) reduced by 93%. (I'm a bot) ***** &gt; These are people desperate enough to take on thousands of dollars of debt at interest rates as high as 24 percent for one simple reason: Without a car, they have no way to get to work or to doctors.  &gt; When all the interest and fees of a subprime loan are added up, even a used car with mechanical defects and many miles on the odometer can end up costing more than a new car.  &gt; Instead, Ms. Robinson, a Staten Island resident who is physically disabled and was desperate for a car to get to her doctors&amp;#039; appointments, was told to pick a different car from the lot.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6iqtv0/the_car_was_repossessed_but_the_debt_remains/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~149861 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **car**^#1 **loan**^#2 **lender**^#3 **subprime**^#4 **auto**^#5\""}
{"_id": "287086", "title": "", "text": "On the off chance that I am not wrong, at that point you should be included money and you are proposing to get it by offering your garbage auto. This is genuinely a smart thought, as there are a large number of auto merchants who demonstrate their enthusiasm for old autos. Your auto specialist needs to have disclosed to you the money for garbage autos Tampa which couldn't be more than two or three hundred dollars."}
{"_id": "287092", "title": "", "text": "It basically only affects the company's dealings with its own stock, not with operational concerns.  If the company were to offer more stock for sale, it would get less cash.  If it had a stock buy-back program, it could buy more shares for the same money.  If it was to offer to acquire another company in exchange for its own stock, the terms would be less attractive to the other company's owners.  Employee stock remuneration, stock options, and so forth would be affected, so there might be considerations and tax consequences for the company."}
{"_id": "287112", "title": "", "text": "My brother's wife does some pretty intense couponing. She recently posted on facebook when she bought about $300 worth of items for $30. It was almost all toiletries and food that her family uses regularly, though there were some items they've now got 3 months supply of. She told me that it is a pain to track and exploit all of the different coupons/discounts but the savings help to offset the cost of homeschooling 4 children."}
{"_id": "287113", "title": "", "text": "\"Keep in mind that not every currency is \"\"tradeable\"\", i.e.: convertible.  In fact, neither the Brazilian nor the Thai currencies are fully convertible, and the trading with them may be limited. There are 17 fully convertible currencies currently in the word, you can find the list here.\""}
{"_id": "287146", "title": "", "text": "Definitely not sold. My GF has talked about selling hers and she has an 05 LJ(long jeep the 4 door is based off. In the two years they produced them they only produced like 55,000 of them. I told her I'd buy it if she ever sells it."}
{"_id": "287156", "title": "", "text": "Both a trust and an estate are separate, legal, taxpaying entities, just like any individual. Income earned by the trust or estate property (e.g., rents collected from real estate) is income earned by the trust or the estate. Who is liable for taxes on income earned by a trust depends on who receives or retains benefits from the trust. Who is liable for taxes on income received by an estate depends on how the income is classified (i.e., income earned by the decedent, income earned by the estate, income in respect of the decedent, or income distributed to beneficiaries). Generally, trusts and estates are taxed like individuals. General tax principles that apply to individuals therefore also apply to trusts and estates. A trust or estate may earn tax\u2212exempt income and may deduct certain expenses. Each is allowed a small exemption ($300 for a simple trust, $100 for a complex trust, $600 for an estate). However, neither is allowed a standard deduction. The tax brackets for income taxable to a trust or estate are much more compressed and can result in higher taxes than for individuals. In short, the trust should have been paying taxes on its gains all along, when the money transfers to you it will be taxed as ordinary income."}
{"_id": "287157", "title": "", "text": "I think it depends on how you're approaching paying off the credit card. If you're doing some sort of debt snowball and/or throw all available cash at the card, it's not likely to matter much. If you're paying a set amount close to the minimum each month then you're probably better off getting a loan, use it to pay off the card and cut up the card. Well, I'd do the latter in either case... Mathematically it would matter if the interest rate on the card is 10%-15% higher than the personal loan but if you're throwing every spare dime at the card and the some, it might not matter. Another option if you have the discipline to pay the debt off quickly is to see if you can find a card with a cheap balance transfer, move the balance over and close the inflexible card."}
{"_id": "287160", "title": "", "text": "labeling for the sake of misleading the consumer isn't specific to any one industry.  they all certainly do it, food industry included.  don't even need to bring up all the cosmetic work that goes into restaurant commercials so that the food advertised looks way better than the food that is actually sold."}
{"_id": "287162", "title": "", "text": "\"I looked this up on Wikipedia, and was hoping the answer would be \"\"no - stores cannot refuse legal tender\"\", but unfortunately, it's not the case!  If the retailer wants to go to the lengths of refusing certain denominations to protect themselves from counterfeit currency, they are fully within their rights to do so. The \"\"Legal Tender\"\" page on Wikipedia says this about Canadian bills: [...] Retailers in Canada may refuse bank notes without breaking the law. According to legal guidelines, the method of payment has to be mutually agreed upon by the parties involved with the transactions. For example, convenience stores may refuse $100 bank notes if they feel that would put them at risk of being counterfeit victims [...] What is interesting about what I found out, is that legal tender cannot be refused if it is in repayment of an existing debt (i.e. not a store transaction for which there existed no previous debt).  So you could offload your $100 bills when repaying your Sears credit card account (or pay in pennies if you wanted to!) and they couldn't refuse you!\""}
{"_id": "287167", "title": "", "text": "To add to the already existing answers, most of the dotcom companies used an accounting sheningan so profusely that everything looked rosy. To account for revenues, what dotcom companies did was, get into a barter transaction with another dotcom company by selling advertising space and stuff on each other's website. So the final outcome was each had quite a substantial amount of revenue while in reality there wasn't any revenue earned. This cooked up their books to look quite rosy to investors who then poured in their money, without realizing they were pouring money into a black hole. As someone mentioned Cisco, which sells networking gear and was heavily dependent on the dotcom boost. So when everything went bust, its stock price also crashed heavily.  This was for the losers, but some good ones did sail through. Dotcom companies which had substance took a hit, in fact everybody did, during the bust but more than made up for it later on when investors realized they are valuable."}
{"_id": "287172", "title": "", "text": "\"&gt;The banks have a gain because they are the money creators, they don't see a gain from the Cantillion Effect because they are lending money and not buying goods (unless we're talking about investment banking, which we are not).  They're buying debt-obligations (loans) from the people you claim are \"\"gaining\"\" from this scheme.  Thankfully your viewpoint is in the minority - more and more people now are well aware of the fundamentally unfair nature of this credit-money system.\""}
{"_id": "287192", "title": "", "text": "I should also add that the 7/63 won't do much for you. If you're really interested in finance, you have a few options.  1) Sales - in which case the 7/63 is about all you need. The rest is just time and practice.  2) A job as an analyst. Your best bet here is to pursue the CFA charter.   3) A financial planner/advisor. This job is kind of a subcategory of #1. I always like to say that an advisor's primary job is to sell, giving meaningful advice is secondary. Nonetheless, a CFP is helpful here.  4) A trader. CFA charter is helpful here as with #2.  5) High Frequency Trading - Masters/PhD in math or a quant discipline and C++ is a must."}
{"_id": "287200", "title": "", "text": "Right. We all get normal compensation, either salary or hourly depending on the nature of the job. The CEO salary is about 3.5 times that of the lowest paid worker. That is just salary and doesn't include benefits and the profit-sharing (which is completely even). If you included those things, it would be even flatter. There are no back-door golden parachutes or secret stock options."}
{"_id": "287214", "title": "", "text": "This is how all corporations shift taxes to low income tax . Most large companies are actually hundreds of companies, with individual companies in each country they do business in. They use this type of transfer payment so most of the profits end up in countries with low income taxes. That is why you might as well lower the corporate rate.  It will help employment, and end this kind of useless profit shifting. It's a world wide economy, and companies do what they need to do to keep taxes low no matter what."}
{"_id": "287222", "title": "", "text": "The terms of IL state pensions are among the most generous in the entire country and the state is swimming in debt due to them.  The unions own the democratic pols in IL and it's been an incestuous relationship between the two.  Politicians get union money for elections, elected politicians give unions generous pension payouts that basically burden the taxpayer to obscene levels.  Why is IL the largest net migration in the 50 states?  Why isn't Indiana or Wisconsin facing the same problems?  Oh that's right, they got rid of their public sector unions and that's why citizens of IL have about $40,000 more in debt than their neighbors."}
{"_id": "287225", "title": "", "text": "Short answer is fund a Roth.   If you are under 50 then you can put in $5500 or $6500 if you are older. Great to have money in two buckets one pre tax and one post tax.  Plus you can be aggressive putting money in it because you can always take money you put in the Roth out of the Roth with no tax or penalty.   Taxes are historically low so it makes a lot of sense to diversify your retirement."}
{"_id": "287227", "title": "", "text": "\"I think you have to go back to [this HBR article](https://hbr.org/2014/09/profits-without-prosperity) to really understand:  TLDR: Buybacks boost CEO pay and hurt the long term value of companies. But I'm not convinced that they're \"\"the root of inequality\"\"   \"\"Consider the 449 companies in the S&amp;P 500 index that were publicly listed from 2003 through 2012. During that period those companies used 54% of their earnings\u2014a total of $2.4 trillion\u2014to buy back their own stock, almost all through purchases on the open market. Dividends absorbed an additional 37% of their earnings. That left very little for investments in productive capabilities or higher incomes for employees.\"\"  \"\"Why are such massive resources being devoted to stock repurchases? Corporate executives give several reasons, which I will discuss later. But none of them has close to the explanatory power of this simple truth: Stock-based instruments make up the majority of their pay, and in the short term buybacks drive up stock prices. \"\"  \"\"Trillions of dollars that could have been spent on innovation and job creation in the U.S. economy over the past three decades have instead been used to buy back shares for what is effectively stock-price manipulation.\"\"  \"\" Most are now done on the open market, and my research shows that they often come at the expense of investment in productive capabilities and, consequently, aren\u2019t great for long-term shareholders.\"\"  \"\"Research by the Academic-Industry Research Network, a nonprofit I cofounded and lead, shows that companies that do buybacks never resell the shares at higher prices.\"\"  \"\"Many academics have warned that if U.S. companies don\u2019t start investing much more in research and manufacturing capabilities, they cannot expect to remain competitive in a range of advanced technology industries. \"\"  Specific examples:  \"\"Pharmaceutical drugs.  In response to complaints that U.S. drug prices are at least twice those in any other country, Pfizer and other U.S. pharmaceutical companies have argued that the profits from these high prices\u2014enabled by a generous intellectual-property regime and lax price regulation\u2014permit more R&amp;D to be done in the United States than elsewhere. Yet from 2003 through 2012, Pfizer funneled an amount equal to 71% of its profits into buybacks, and an amount equal to 75% of its profits into dividends. In other words, it spent more on buybacks and dividends than it earned and tapped its capital reserves to help fund them. The reality is, Americans pay high drug prices so that major pharmaceutical companies can boost their stock prices and pad executive pay.\"\"  \"\"Nanotechnology.  Intel executives have long lobbied the U.S. government to increase spending on nanotechnology research. In 2005, Intel\u2019s then-CEO, Craig R. Barrett, argued that \u201cit will take a massive, coordinated U.S. research effort involving academia, industry, and state and federal governments to ensure that America continues to be the world leader in information technology.\u201d Yet from 2001, when the U.S. government launched the National Nanotechnology Initiative (NNI), through 2013 Intel\u2019s expenditures on buybacks were almost four times the total NNI budget.\"\"\""}
{"_id": "287239", "title": "", "text": "\"Penny stocks are only appealing to the brokers who sell the penny stocks and the companies selling \"\"penny stock signals!\"\". Generally penny stocks provide abysmal returns to the average investor (you or me). In \"\"The Missing Risk Premium\"\", Falkenstein does a quick overview on average returns to penny stock investors citing the following paper \"\"Do Investors Overpay for Stocks with Lottery-Like Payoffs? An Examination of the Returns on OTC Stocks\"\". Over the 2000 to 2009 time period, average investors lost nearly half their investment. A comparable investment in the S&P over this period would have been flat see here. There is a good table in the book/paper showing that the average annual return for stocks priced at either a penny or ten cents range from -10 percent (for medium volume) to -30% to -40% for low or high volume.  A different paper, \"\"Too Good to Ignore? A Primer on Listed Penny Stocks\"\" that cites the one above finds that listed, as opposed to OTC \"\"Pink Sheet\"\" penny stocks\"\", have better returns, but provide no premium for the additional risk and low liquidity.  The best advice here is that there is no \"\"quick win\"\" in penny stocks. These act more like lottery tickets and are not appropriate for the average investor. Stear clear!\""}
{"_id": "287242", "title": "", "text": "Have you bought computers since?  Could you afford a computer back when you were building them?    I remember my upper middle class friends owning computers back then, and I believe they paid around 1200 for them.  Inflation adjusted, we should be paying just shy of 2k for a PC today, and yet you can buy a basic desktop for 500.    You may have personally felt the sting from outsourcing, many people have.  Many people also felt the sting when their typewriter companies could no longer compete with the computer companies.  This isn't the 50's when you could work the same job 30 years.  Today, many people have to go through several career changes in their lifetime."}
{"_id": "287243", "title": "", "text": "\"When you pay expenses on behalf of someone, you do not Debit your expense accounts.  You credit your Bank and debit the Liability.  The method that you mentioned (debit expense then credit it back to liability) is an acceptable practice, but the method is only used when you accidentially debited your expense accounts without knowing that it is for someone else (or in the case of split transactions). You need to specify \"\"being expense paid on behalf of someone\"\" when you credit the expense account.\""}
{"_id": "287264", "title": "", "text": "Tell me how many times have you gone to the ER? Point is 99% of hospital visits are for non life threatening situations; teeth extractions, allergy test, antibiotics, sprained ankles, etc. Routine healthcare/Non emergency treatment is what i'm assuming the POOR do not have access to."}
{"_id": "287266", "title": "", "text": "\"It depends on what you're shopping for.  Black Friday and Cyber Monday deals are often very good for some things and mediocre to downright bad for other things.  I recommend trying to figure out what things you want to buy now, and tracking the price for 4-8 weeks.  That will help give you a better price anchor to know when a deal is \"\"good\"\" vs. \"\"not good\"\".\""}
{"_id": "287293", "title": "", "text": "\"As others have said, the decision is a very personal one. Personally, I think you have a good idea. For those of us that thrive in structured systems having a detailed breakdown and distribution of assets is a great idea. I recommend going one step further however. Instead of having a single \"\"Necessities\"\" account have a division here. 1 account for \"\"Bills\"\" and another for \"\"Living Expenses.\"\" Your Bills account should recieve the funds to pay your monthly expenses such as Rent, Utilities, Insurance. Living Expenses is for day to day spending. I recommend this because your Bills are generally a fairly fixed expense. Keeping your flexible spending separate allows you to manage it more carefully and helps prevent overspending.  I keep my Living Expenses in cash and divide it up by the number of days before my next check. Every day I put my portion of the Living Expenses in my wallet. This way I know that I can spend as much money in my wallet and still be fine for the rest of the pay period. I also know that if I want to go out to a nice dinner on Friday, it would be helpful if I have money left over at the end of the day Monday through Thursday.\""}
{"_id": "287297", "title": "", "text": "Stuff like this is why we need to put legal measures in place to discourage businesses from getting overly large - like progressive corporate tax rates. Small business growing bigger leads to effienciencies of scale - but at some point the size starts leading massive inefficiencies like completely ignoring customer complaints."}
{"_id": "287313", "title": "", "text": "Based on this and the GMCR deal, KO must be realizing that they've nearly exhausted their organic growth potential for the near future. I wonder if they're going to acquire some type of snack company to more directly compete with PEP."}
{"_id": "287322", "title": "", "text": "You must understand that: So, if you -- the prospective buyer -- are in Waukegan, do you take the train all the way to New York City just to buy 100 shares of stock?  No.  That would be absurdly expensive.  So, you hire an agent in NYC who will broker a deal for you in the exchange. Fast forward 100 years, to the time when instant communications is available.  Why do we now still need brokerages, when the Exchanges could set up web sites and let you do the trading? The answer is that the Exchanges don't want to have to develop the accounting systems to manage the transactions of hundreds of thousands of small traders, when existing brokerage firms already have those computerized processes in place and are opening their own web sites. Thus, in 2017 we have brokerage firms because of history."}
{"_id": "287325", "title": "", "text": "\"What could the tax issues with the IRS be? I thought (but not totally certain) that the tax treatment of an ISO option was based on difference between exercise price and FMV at the time of the sale.  This is an accounting issue. There were times not so long ago that companies actually did these things on purpose, to boost the stock grant values for their employees (especially senior employees). They would give a grant but date it with an earlier date with a more favorable valuation. This is called \"\"backdating\"\", and it brought companies down and CEOs into criminal courts. In addition, only reasonable compensation is allowed as a deduction for the company, and incorrectly set strike price may be deemed unreasonable. Thus, the deduction the company would take for your compensation can be denied, leading to loss of tax benefit (this was also a weapon used by the IRS at the time against companies doing backdating). Last but not least, company that has intentions of going public cannot allow itself such a blatant disregard of the accounting rules. Even if the mistake was not made on purpose (as it sounds), it is a mistake that has to be corrected. What should I take into consideration to determine whether a 27% increase in shares is a fair exchange for an increase in 270% increase in strike price. Did you know the strike price when you signed the contract? Was it a consideration for you? For most people, the strike price is determined at the board approval, since the valuations are not public and are not disclosed before you actually join, which is already after you've agreed to the terms. So basically, you agreed to get 100 sheets of toilet paper, and instead getting 127 sheets. So you're getting 27 sheets more than you initially agreed to. Why are you complaining? In other words, options are essentially random numbers which are quite useless. By the time you get to exercise them, they'll be diluted through a bunch of additional financing rounds, and their value will be determined for real only after the IPO, or at least when your company's stocks are trading OTC with some reasonable volume. Until then - it's just a number with not much of a meaning. The FMV does matter for early exercise and 83(b) election, if that is an option, but even then - I doubt you can actually negotiate anything.\""}
{"_id": "287327", "title": "", "text": "I have used car buying services through Costco and USAA.  Twice with a Ford, and once with a Honda.  In all instances I was directed to sales people that were uncommonly friendly and pleasant to work with.  I was given a deep discount without any negotiation.  In two of the three cases I did not have a trade.  In one case I had a trade, and negotiated a deeper discount then was originally offered.   Did I get a good deal?  Eh, who knows?  Really it depends what your goal is.   If your goal is to avoid negotiation, avoid idiot salesmen, and receive a good discount then a quality car buying service may be for you.  My research, a few years old, indicated Costco's program was better then the USAA one. If your goal is get a deep as a discount as possible on a new car, well then you have some work cut out for you.  Keep some hand sanitizer handy when you meet one of the slime ball salesmen.  Keep in mind that not everyone understand the difference between the words value and cheap. If your goal is to pay as little as possible for quality transportation.  Avoid most dealers and new cars. But I don't think that is what you are looking for."}
{"_id": "287339", "title": "", "text": "Donald Trump does not understand that What the President of the United States of America says is important. He only thinks that he is important.  **EDIT**  Left out half a sentence so my post made no sense (long day at work)."}
{"_id": "287343", "title": "", "text": "No, you're incorrect, because there's protectionist countries that are doing just fine but it's all the socialist top-down government-controlled economies that are failing. It is not protectionist polices that ruined Venezuela, this is well known. It's startling that you are trying to argue otherwise."}
{"_id": "287345", "title": "", "text": "I don't think anyone is suggesting the woman isn't working in this fictional family of 3 scenario.  So basically, your saying that people who never got off the ground with a career don't deserve to get married and have 1 kid?"}
{"_id": "287347", "title": "", "text": "http://www.frbsf.org/economic-research/publications/economic-letter/2015/june/income-redistribution-policy-economic-stimulus/  http://www.businessinsider.com/chart-savings-rate-by-income-level-2013-3  I mean it's not like I pulled this outta my ass. It's common knowledge at this point. There's a reason offshore tax havens are a problem, and that reason isn't poor people using them.  There're lots of things they can do with their money. As a bonus, this also doesn't account for the fact that higher income individuals are more likely to take vacations/business trips outside the US and spend their money in another country."}
{"_id": "287348", "title": "", "text": "\"Owning more than 50%  of a company's stock normally gives you the right to elect a majority, or even all of a company's (board of) directors. Once you have your directors in place, you can tell them who to hire and fire among managers. There are some things that may stand in the way of your doing this. First, there may be a company bylaw that says that the directors can be replaced only one \"\"class\"\" at a time, with three or four \"\"classes.\"\" Then it could take you two or three years to get control of the company. Second, there may be different classes of shares with different voting rights, so if e.g. \"\"A\"\" shares controlled by the founding family gives them ten votes, and \"\"B\"\" shares owned by the other shareholders, you may have a majority of total shares and be outvoted by the \"\"A\"\" shares.\""}
{"_id": "287350", "title": "", "text": "Before making your trip plan to Mogadishu you need to gather each data about that place, transport administrations, lodgings and that's just the beginning. Visit Mogadishu give all of you the say benefits in a solitary tap on our site. You can discover all data about flight, lodgings booking, etc..If you need to remain close to the airport, we can book your inn close to the Mogadishu airport. We are the best travel site for Somalia nation. We furnish explorers with the shrewdness of the group to enable them to choose where to stay, how to fly, what to do and where to eat."}
{"_id": "287388", "title": "", "text": "I think that is very consistent with how any hiring/purchasing decision gets made -- there are a lot absolute nos... a fair number of absolute yeses... and the rest is left more to chance than the winners would care to admit.  Getting bumped for something seemingly arbitrary is not remotely uncommon, nor is winning b/c of something arbitrary."}
{"_id": "287391", "title": "", "text": "You won't get taxed twice because it's different money going into each account type. In the Roth you've put after tax earnings and those will continue to grow tax free (assuming you wait til 59.5 to start your withdraws). The traditional IRA is going to be funded with your old 401k, which was funded with pre-tax dollars they took from your paycheck. So you'll still pay taxes on the back end for the traditional IRA (money you've never been taxed on) but your Roth has money where tax has already been taken out so no extra tax there. You can have both types of accounts, it's pretty common considering most 401k plans are pre tax but many people see the benefit of a Roth as greater than the tax write off you get from the 401k, but if your company matches you're not gonna leave free money on the table. Hope that helps."}
{"_id": "287398", "title": "", "text": "\"I would advise against \"\"pencil and paper\"\" approach for the following reasons: You should e-file instead of paper filing. Although the IRS provides an option of \"\"Fillable Forms\"\", there's no additional benefit there. Software ensures correctness of the calculations. It is easy to make math errors, lookup the wrong table It is easy to forget to fill a line or to click a checkbox (one particular checkbox on Schedule B cost many people thousands of dollars). Software ask you questions in a \"\"interview\"\" manner, and makes it harder to miss. Software can provide soft copies that you can retrieve later or reuse for amendments and carry-overs to the next year, making the task next time easier and quicker. You may not always know about all the available deductions and credits. Instead of researching the tax changes every year, just flow with the interview process of the software, and they'll suggest what may be available for you (lifetime learners credit? Who knows). Software provides some kind of liability protection (for example, if there's something wrong because the software had a bug - you can have them fix it for you and pay your penalties, if any). It's free. So why not use it? As to professional help later in life - depending on your needs. I'm fully capable of filling my own tax returns, for example, but I prefer to have a professional do it since I'm not always aware about all the intricacies of taxation of my transactions and prefer to have a professional counsel (who also provides some liability coverage if she counsels me wrong...). Some things may become very complex and many people are not aware of that (I've shared the things I learned here on this forum, but there are many things I'm not aware of and the tax professional should know).\""}
{"_id": "287433", "title": "", "text": "I'm saying if she LIKES you (which she most like doesn't) she will help you regardless of whether your leave or stay.  But you should not even view that as an option.  You need to do what's best for YOU.  If you know a better opportunity is around the corner, your boss should respect your decision and you find a neutral way to leave your job.  However, I don't know your situation and it's not great to leave as soon as you got there, it makes you look like you don't know what you're doing or don't know what you want (which is what everybody is doing anyway..)  Don't trust your boss unless you knew her prior to this job for a long time, or through family.  That should not come into play in your decision.  You can network with bankers to get a banking job, do you really need to spend months and months appeasing this one person to get referrals? On the flipside, you definitely want to be in good standing with your boss.   Again, do what's best for you.  Don't take empty promises or you will get burned."}
{"_id": "287437", "title": "", "text": "Try https://sparkprofit.com/ You practice with real market prices, and it's free. Plus you can get real money pay outs if you do well. I earned 1 cent! hahaha I gave up trying to make money from it, but you get an idea of doing trades and how impossible it is to predict what the price will be. It has some tutorials and helpful things too."}
{"_id": "287451", "title": "", "text": "Jamie Dimon and JP Morgan = truth in the booth moving America forward  &gt; \u201cThe Blockchain is a technology, which we\u2019ve been studying (along with a couple of other people up here) and yes it\u2019s real. It could probably reduce the cost of real application in certain things. It\u2019s keeping a single file, as opposed to each of us keeping our own files, and it has certain security measures. If it proves to be cheap and secure it will be adopted for a whole bunch of stuff. Not for everything; it is not useable for certain types of things.\u201d  http://iang.org/papers/triple_entry.html  https://www.youtube.com/watch?v=7Ac5VtyAOVw&amp;t=2m20s"}
{"_id": "287458", "title": "", "text": "What do you see as the advantage of doing this? When you buy a house with a mortgage, the bank gets a lien on the house you are buying, i.e. the house you are buying is the collateral. Why would you need additional or different collateral? As to using the house for your down payment, that would require giving the house to the seller, or selling the house and giving the money to the seller. If the house was 100% yours and you don't have any use for it once you buy the second house, that would be a sensible plan. Indeed that's what most people do when they buy a new house: sell the old one and use the money as down payment on the new one. But in this case, what would happen to the co-owner? Are they going to move to the new house with you? The only viable scenario I see here is that you could get a home equity loan on the first house, and then use that money as the down payment on the second house, and thus perhaps avoid having to pay for mortgage insurance. As DanielAnderson says, the bank would probably require the signature of the co-owner in such a case. If you defaulted on the loan, the bank could then seize the house, sell it, and give the co-owner some share of the money. I sincerely doubt the bank would be interested in an arrangement where if you default, they get half interest in the house but are not allowed to sell it without the co-owner's consent. What would a bank do with half a house? Maybe, possibly they could rent it out, but most banks are not in the rental business. So if you defaulted, the co-owner would get kicked out of the house. I don't know who this co-owner is. Sounds like you'd be putting them in a very awkward position."}
{"_id": "287474", "title": "", "text": "This is not really directly answering your question, but I think it's something you need to hear, and it's too long for a comment: Your business plan for your company you are considering starting should include a forecast of all of your expected revenues and expenses. This includes a forecast for taxes you will owe the IRS on the profits from your business. If your business plan does not yet have this type of information, it is far too soon for you to be asking investors for money.  It is often said that an 'idea' is worthless, it is only the execution of that idea that is worth something. If you only have an 'idea' for a business but have no track record of running a business and no proof that your concept will work, you should take some more time to consider how you can proof viability, before you approach investors. No investor will want to give money to someone without a business plan that includes a forecast of profits (which is backed up by evidence some how)."}
{"_id": "287475", "title": "", "text": "That's the message from the rich to their audience at Fox News.  That's the message to the poor in the Red States.    *We wealthy people would love to help you good people, give you things that will get you out of poverty, but there is a problem.  You know those lazy people down the street from where you live?  If we help you, we'll have to help them, and they will take all the money and waste it, and they will keep taking it until all our wealth is gone. Then there will be nothing for anyone.*"}
{"_id": "287481", "title": "", "text": "I found a german article describing the legal situation in Germany. To summarize As outlined by the many possible reasons in the other answer, it is unclear from the information I have, whether condition 1 holds. Also condition 2 may not hold since the credit card was frozen. I suppose this makes a good argument to MasterCard and my bank, but I also suspect they will not care unless it comes with a attorney letterhead."}
{"_id": "287482", "title": "", "text": "This conversation is a mute point now, not to sound rude, but i presented you with facts and now you are splitting straws with nafta and public education.  Those are local government role and should not have a direct correlation to anything.  Im sorry but i wont reply to this post after this."}
{"_id": "287493", "title": "", "text": "After few years your building needs renovation. However steel building kits can be a great choice for upgrading your sweet home. If not, hire one experienced local contractor from Universal Steel of America to build your metal building quickly and affordably."}
{"_id": "287501", "title": "", "text": "You buy a $100k sport car, but don't buy any insurance. You take a curve too fast and jump out just in time to see your car go off a cliff, like a chase movie. The value went from $100k to zero in seconds. Where did the $100k go?"}
{"_id": "287507", "title": "", "text": "&gt;But reddit loves to use this stuff as an excuse for bitching and whining about how unfair it is that we have to actually pay back student loans/mortgages/cards/etc  So do you think we should bring back debtors' prisons?  The key to success with a US education is to take out the massive student loan and flee the US.  Get your MD and go earn a living somewhere else where the long dick of the creditors can't reach you.  Move to Dubai and practice medicine for a decade and laugh your ass off.     Should a person who has racked up 120k in student loan debt be condemned to a lifetime of serfdom?   I mean the whole system is broken, and you cannot force people to stay in the country and you cannot create a life of serfdom while paying that debt off.  Creditors should have to take risk too.   When government regulation moves in and says you cannot default, they've effectively made you a serf, reduced the risk to the lender.  It's a lender's job to assess risk.   Start by looking at what degree program someone is entering.   Medicine?  Okay here's a truckload of cash for you.  Liberal Arts?   Nothing.     It's become a farse.   Take out massive student loans where anyone can qualify, pursue a shit degree no one cares about, and be stuck paying it off for the rest of your life.  The regulations are all wrong.   You absolutely 100% should have the ability to free yourself from your debts through bankruptcy."}
{"_id": "287534", "title": "", "text": "I don't disagree with the current answers, but I feel like no one really answered your question directly.  Seems to me like what you were asking is when to trade in your car in relation to when/whether your loan is paid off? Assuming you are committed to trading your car in (and not selling it privately as has been suggested), whether the car is paid off should have no impact on what you get for a trade-in.  The car is worth what it's worth, and what you owe on it should not affect the transaction."}
{"_id": "287537", "title": "", "text": "You do realize that the fund will have management expenses that are likely already factored into the NAV and that when you sell, the NAV will not yet be known, right? There are often fees to run a mutual fund that may be taken as part of managing the fund that are already factored into the Net Asset Value(NAV) of the shares that would be my caution as well as possible fee changes as Dilip Sarwate notes in a comment. Expense ratios are standard for mutual funds, yes. Individual stocks that represent corporations not structured as a mutual fund don't declare a ratio of how much are their costs, e.g. Apple or Google may well invest in numerous other companies but the costs of making those investments won't be well detailed though these companies do have non-investment operations of course. Don't forget to read the fund's prospectus as sometimes a fund will have other fees like account maintenance fees that may be taken out of distributions as well as being aware of how taxes will be handled as you don't specify what kind of account these purchases are being done using."}
{"_id": "287540", "title": "", "text": "I still have my bank account active in usa. Can my company legally   deposit my salary in my bank account? Of course they can. Where they deposit is of no consequence (in the US, may be in India). It is who they deposit it for that matters. You need to file form W8 with the company, and they may end up withholding portion of that pay for IRS. You'll need to talk to a tax adviser in India about how to report the income back at home, and you may need to talk to a tax adviser in the US about what to do if the company does indeed remit withholding from your earnings."}
{"_id": "287558", "title": "", "text": "I am trying to learn about Collateralized Loan Obligation (CLO) and I was wondering how the tranches are created in terms of priority. When an investor comes to CLO manager to buy a stake or a tranch, do they get to decide what type of tranch they want? Less risky one that gets paid first or higher risky one that gets paid last but more? Or is it like first come first serve basis?"}
{"_id": "287563", "title": "", "text": "Bitcoin prices are likely rising as a result of the simple issue of supply and demand.  Supply is constrained as there aren't much in the way of new bitcoins coming into existence, and demand is high right now as a result of various events. For example, this Reuters article goes into some detail as to some current influences.  Mostly, crypto-hedge funds are buying a lot of bitcoins as a speculative move (i.e., believing the price will continue to rise).   The evidence suggests that few of the users are buying bitcoin to use it as a means of exchange, but are speculating to increase their capital. Many describe the bubble as similar to the Tulip craze in seventeenth century Holland; from the same Reuters article: \u201cIt\u2019s got all the shapings of your tulip bubble chart (but) that tells you nothing about where that price line could go depending on the number of people who wish to own it,\u201d Standard Life\u2019s head of investment strategy, Andrew Milligan, said on Wednesday. \u201cWho is to say it doesn\u2019t reach $100,000?\u201d You can see in the volume chart from blockchain.info that the trading volume for bitcoins has really increased - and if you look at the market price, you see a very similar movement. However, if you look at the number of transactions per day, that number is basically constant - meaning the actual uses of bitcoins by people just buying or selling goods or services isn't really changing much, but the dollar amount is.  That's indicative of a speculation-caused bubble. Below is a graph I made from the data from blockchain.info above that overlays price with trading volume; you can see clearly the increase in volume and increase in price are nearly simultaneous.  Bitcoin itself has some actual utility, mostly for black market sellers and similar people participating in activities that are less than legal (not necesesarily ethically bad, for example people in nations with oppressive regimes that limit contact with the outside world or try to restrict foreign currency purchases).  It's unlikely that the degree of adoption so far however has driven it to this level, and the fact that bitcoin can be broken up into very small chunks means that the big boom in price of individual bitcoins causes the demand-side pressure from the actual use of bitcoins to be alleviated (as there is now 1/10th the demand for bitcoins from people who use them for non-speculative reasons)."}
{"_id": "287567", "title": "", "text": "The portion of a stock movement not correlated with stocks in general is called Alpha. I don't know of any online tools to graph alpha. Keep in mind that a company like Apple is so huge right now that any properly weighted index will have to correlate with it to some degree."}
{"_id": "287571", "title": "", "text": "\"In some cases, it might be rational to pay low-interest debt first, because the consequences of defaulting on that debt are worse.   Consider this simplified example.  Suppose you have two debts: a low-interest mortgage, secured by your house, and a high-interest unsecured credit card debt, both of which are within a few years of being paid off.  There is a chance that sometime between now and then, something will happen to disrupt your income (e.g. medical problems), and it won't be possible to make the payments on either loan.   Defaulting on the credit card loan will result in a lower credit score and calls from collection agencies.  Defaulting on the mortgage will result in the foreclosure or forced sale of your house, at best forcing you to move, and at worst leaving you homeless, at a time when you are also facing other (e.g. medical) problems.  So you might rationally judge that losing your house is much worse than bad credit.  Therefore, you might rationally conclude that it would be better to direct extra income toward paying down the mortgage, to increase the chances that, if and when an income disruption might occur, the mortgage would already be paid off.  In other words, you shorten the window of time where income disruption results in foreclosure. You might decide that this increased security is worth the extra interest you will pay, compared to the strategy where you pay the high-interest loan first. This is a fairly special situation, but you asked \"\"Why might it be a good idea to do this?\"\", and I am just giving an example where it could rationally be considered a good idea.   (Of course, in a real-life version of this example, there might be other options available, such as refinancing the mortgage.  If you like, you could imagine a more extreme example where the lower-interest debt is owed to Joey Knuckles the loanshark, who will come and break your kneecaps if you miss a payment.)\""}
{"_id": "287573", "title": "", "text": "\"As with most things, you'll see a variety of agreement and adoption, including a fringe percentage of people who see all meat, lab cultured or otherwise, as unethical or \"\"wrong\"\". Whether they consider it \"\"wrong\"\" because it's GMO or \"\"wrong\"\" because it's cultured from actual animal DNA , we'll just have to wait and see. However, as far as I'm concerned, lab grown meat is the next proper step in human nutrition and sustenance. I've watched this company for a little while now, and I cannot wait for this (and other) company to grow and get their products out there.\""}
{"_id": "287586", "title": "", "text": "This is supposed to be a comment, as this is anecdotal, but I can't post comments.  Also, this information relates to the UK.  I used to work in a Licensed Betting Office, or a bookies to use the informal word for it, and we had to deal with this issue all the time.   The pens didn't really work all that well as the forgers found out that dipping forged notes in fabric softener nullified the effects of the pens, and some of the copies were incredibly good. Generally, we would take two or three notes per week."}
{"_id": "287598", "title": "", "text": "Envision is an e-commerce, health supplement company, who sells all types of health products and grooming products for men and women. We always try to offer our best health products to our customers and producing natural healthy products. Along with all these things we also sell Pure saffron weight loss products, all of the ingredients are made up of natural stuff. We have wide range of grooming products as well as for men, which gives you a unique look as well as a fresh fragrance free scent, there are lots of benefits of this oil."}
{"_id": "287600", "title": "", "text": "\"Market cap doesn't mean that much money went into the system. Money in equals money out over time, and is not directly tied to market cap, which can actually be lower if price drops far enough. These concepts are the same for all traded assets, such as stocks, bonds, and commodities. \"\"Market cap\"\" is simply the current price times the number of shares available in the market. So a $300 billion market cap does not mean $300 billion was paid to somebody to buy it all. Instead, what's happened is that some money went in at first, but much much less, and then price increased.  Bitcoin is a little different in that \"\"money in\"\" for many innovators and early adopters was in the form of time spent and contributing to the network (what they call mining). 1 Now, as to the price jump, that's an effect of market forces. For many reasons, the market has clamored to buy bitcoin over the last year 2, but many already holding bitcoin weren't ready to sell. Supply and demand worked in a way that increased price. Supply low, demand high, price increases.  This situation could easily reverse. Just as suddenly as the market wanted bitcoin it can decide it doesn't want bitcoin. Supply and demand would work in a way that would decrease price. Supply high, demand low, price decreases.  This kind of massive market price movement in this short timeframe is exactly what traders mean by \"\"volatile\"\". It's actually not that unusual, it's just that most stocks and other assets that experience such gains don't get much media attention. Further, gains like this often reflect \"\"inflated\"\" prices, market \"\"euphoria\"\", and trading \"\"bubbles\"\". All of these terms essentially mean \"\"price will correct (go down) eventually, because price is currently much higher than actual value\"\".  If the market loses all faith in the asset, price will drop to zero and the \"\"money in equals money out\"\" maxim breaks down. Some traders will be left \"\"holding the bag\"\",  meaning they owned the stock at the moment trading permanently ceased. 3 NOTES: Exact reasons cannot be pinpointed with facts. Instead, we enter the realm of opinion on this point. In my opinion, bitcoin has increased massively in value mostly due to the media attention it has received. And this media attention is not new. It received equally pervasive attention in 2013. As an effect, price went from under $100 to over $1000 back to under $200 in about 20 months. It's great news if you're a trader. You could have made tons of money. As for the early bitcoiners, it was actually kind of annoying because it then brought in all the skeptics calling it a \"\"ponzi\"\" scheme or \"\"pyramid\"\" scheme, despite the quite obvious fact that bitcoin cannot be either by definition. Further upward market forces may have come from the fact that bitcoin is built on an innovative technology that may very well change the way we do a lot of things in the future. I'm referring to \"\"blockchain\"\". This effect can be seen in several failing companies rising from the darkness like Valkrie simply by adding the work blockchain to their name. I personally find this exactly analogous to the \"\"dot com bubble\"\", where companies in the late 1990's made millions in stock selloffs simply by adding \"\".com\"\" to their name, despite having no profits or sometimes not even a working product. For high volatility stocks, this is not unusual. Many \"\"penny stocks\"\" fail, and typically the road down is faster than the road up. Bitcoin may indeed fail, but again, it's a bit different than a stock. Bitcoin is not a company. There's no financials for Bitcoin, no VC investors, board members to report to, no product to produce, etc. Bitcoin is designed to simply be a thing itself. The hope is to disrupt currency and commodity markets and create a new \"\"store of value.\"\" Literally, Bitcoin is designed to have intrinsic value. Whether it's actually working at this point is still unknown.\""}
{"_id": "287624", "title": "", "text": "Long-term planning of the company: strategic decisions. Basically every major company decision has to go through their approval - at most companies, at least, because the job's duties don't have a codified description.  I'm not saying she was worth it; in fact, this makes it far more clear she earned none of it. And studies show the most highly-paid CEOs underperform the average."}
{"_id": "287625", "title": "", "text": "The simplest way to answer that is by asking yourself what forces are against them from climbing the economic ladder?  The biggest determinant of financial success is a high school diploma and not having a child out of wedlock (kids cost $)   I am not a conservative"}
{"_id": "287630", "title": "", "text": "Personally I solve this by saving enough liquid capital (aka checking and savings) to cover pretty much everything for six months. But this is a bad habit. A better approach is to use budget tracking software to make virtual savings accounts and place payments every paycheck into them, in step with your budget. The biggest challenge you'll likely face is the initial implementation; if you're saving up for a semi-annual car insurance premium and you've got two months left, that's gonna make things difficult. In the best case scenario you already have a savings account, which you reapportion among your various lumpy expenses. This does mean you need to plan when it is you will actually buy that shiny new Macbook Pro, and stick to it for a number of months. Much more difficult than buying on credit. Especially since these retailers hate dealing in cash."}
{"_id": "287631", "title": "", "text": "Very much my point. So why do so many people hold up Whole Foods as deceptive while merrily giving their money to conventional food outlets? (You can find a range of items in both places, but the quality on both ends of the range is better at WF. That is a fact. )"}
{"_id": "287637", "title": "", "text": "Welcome to Aberdeen Acres Pet Care Center! Our clean, secure facility, nestled in the rolling hills of Winchester, Virginia, offers a full range of services for your pet. We specialize in boarding, training and grooming for dogs, cats, birds, and exotic pets."}
{"_id": "287641", "title": "", "text": "Once I was buying a water filter for my refrigerator.  Amazon had it on sale, but I was tired of dealing with it and I was at Lowes for unrelated reasons.  Well, they price match so I grabbed the filter and had them handle it.  &gt;We don't price match Amazon.  We only price match competitors.    Uhh, I believe the sale of this item is literally in competition.  Also your price match guarantee does not make that statement.    &gt;Let me get the manager.    One eternity later.    &gt;We only price match competitors.    Honestly, Amazon is stealing a huge volume of your sales and you are telling me with a straight face that they are *not* a competitor of Lowe's and that you are refusing to price match this item?  Also, I believe that generally competition is unwanted and unavoidable - in fact it is an existential problem for retailers.  At this point, several other customers start backing me up.  I was too busy texting my wife at the time how ridiculous this was to react in time to film the cringe spread on the manager's face as he agreed to price match a fucking $30 water filter.  I almost felt bad for him but he was a real dick about this and I got to see some small portion of his life force extinguished in utter dismay.  It took me nearly 30 minutes but I saved $7.  Fuck Lowe's."}
{"_id": "287652", "title": "", "text": "\"I wouldn't say that they are \"\"begging\"\" for it.  Just realizing that there is a competitive advantage for the larger car companies.  However that incentive is necessary for the large companies to invest in electric, and it is a great benefit for consumers as well.  Most people can't afford a low cost electric car without the tax credit (not to mention a luxury item like a tesla).  This brings the technology to a larger market share.\""}
{"_id": "287656", "title": "", "text": "\"In some respects the analysis for this question is similar to comparing a \"\"safe\"\" return on a government bond vs. holding the stock market. Typically, the stock market's expected return will be higher -- i.e., there's a positive equity risk premium -- vs. a government bond (assuming it's held to maturity). There's no guarantee that the stock market will outperform, although the probability of outperformance rises (some analysts argue) the longer the holding period for equities beyond, say, 10 years. That's why there's generally a positive equity risk premium, otherwise no one (or relatively few investors) would hold equities.\""}
{"_id": "287660", "title": "", "text": "People that have kids and aren't rich are in for a rude awakening if they want to live in NYC.  Plus nobody moves to NYC and becomes a janitor making 100k.  You have to be born into a position like that and he probably has rent controlled apartment or bought 50 years ago.  He probably has it better than most."}
{"_id": "287665", "title": "", "text": "I think that's right on the mark.   It's almost like you can't just create a vibrant community by putting up a pretty UI or adding a feature .... don't take my word for it, ask virtually every website that's attempted to do so in the past decade - they failed, but they sure look**e**d pretty doing it. :)"}
{"_id": "287673", "title": "", "text": "That's not at all what I said.   I said regulation is inevitable. The question is, in whose favour we regulate? Employers, owners of capital, or workers.   Deregulation usually favours owners of capital and employers, and ends up concentrating wealth in the hands of the few. Because surprise surprise people would rather invest their money in something that just goes up in value rather than put all the effort into creating jobs or paying workers more. Since there are no laws to encourage them to do so."}
{"_id": "287693", "title": "", "text": "\"I'll take an alternate route: honesty + humor. Say something like this with a smile and a laugh, like you know they're crazy, but they maybe don't know it yet. \"\"Are you crazy? Co-signing a loan can put us both in a lot of potential danger. First, you shouldn't get a loan that you can't afford/attain on your own, and second, I'd be crazy to agree to be liable for a loan that someone else can't get on their own. You want something bad enough, you get your credit rating in order, or you save up the money - that's how I bought (my car/house/trip to Geneva). I'd be happy to point you in the right direction if you want to put a plan together.\"\" You're offering help, but not the kind that puts you in danger. Declining to co-sign a loan can't damage your relationship with this person as much as failure to pay will.\""}
{"_id": "287694", "title": "", "text": "&gt;Sometimes that requires more time other times less.  Oh bullshit.  Once when I had little work I started doing few hours.  After a couple weeks of this I was explicitly reprimanded and told to give 8 hours per day of butt-in-seat.  I asked if my actual team leader had complained I wasn't working efficiently enough.  Turns out he thought I was doing *just fine* for the workload he was giving me.  Only as a salaried contractor working remotely did I end up being able to turn my ability to *get my shit done* into more free time."}
{"_id": "287709", "title": "", "text": "If my experience playing tycoon games is any indication, there is usually a point when you can't help but hoard more money faster even if you do nothing.  Also, giving money to employees could have unpredictable effects. It might boost morale in the short term, but in the mid-long term it could mess up with whatever HR or managers are trying to do in managing their team and culture. It will also make your brightest people leave faster to set up new competitors.."}
{"_id": "287711", "title": "", "text": "cost of carry is a confusing term to use but this is what i was given to work with   then again, once you factor in interest rate risk and default risk (if you do), what is a better term?  it's not just cost of capital at that pt"}
{"_id": "287716", "title": "", "text": "Are you trolling? It's been declining for 100 years. It's called inflation, and the guys in charge of the currency supply seem to think it's a good thing. Further the only way the government is ever going to pay this debt off is if we continue to see inflation for decades."}
{"_id": "287741", "title": "", "text": "When it launched it was more 'what's *right* with Apple maps?'.  Dublin airport was somewhere in the mid Pacific, etc. Of all things to get correct, maps is the one. Perhaps they've made it better - I won't check, it should never have been launched like that and such lack of care of accuracy on a *map* is reason enough not to give it a second chance when there are other maps I'm happy to trust already. It certainly doesn't bring anything new to the table."}
{"_id": "287764", "title": "", "text": "\"Well, I understand this forum is about money but I think you would be far better off if you invest the money in your daughters education or something similar that can bring much more significant future gains. I am a big fan of compound interest and investing in stocks but $700 sitting until she's 21 wont grow into a significant amount. When she's 21, what would you \"\"hope\"\" she'd spend the money on? something valuable like education right? so why don't you take the first step now so she will get a much bigger return than the monitory value. If I were you I'd invest in a home library or something similar.\""}
{"_id": "287771", "title": "", "text": "Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [1 000 000 \u0441\u0430\u0442\u043e\u0448\u0438 \u0432 \u0441\u0443\u0442\u043a\u0438!!! Cointower \u043f\u043b\u0430\u0442\u0438\u0442! \u041a\u0430\u043a \u0431\u044b\u0441\u0442\u0440\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0431\u0438\u0442\u043a\u043e\u0438\u043d!\u041b\u0443\u0447\u0448\u0438\u0439 \u0441\u043f\u043e\u0441\u043e\u0431 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430!](https://youtu.be/cMZ0M_Srk0g)|\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 \u0412\u0435\u043a\u0442\u043e\u0440|2017-08-31|0:02:31|0+ (0%)|2  &gt; \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0435: | \u0421ointower:...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=dmd34aq\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v2.0.0"}
{"_id": "287781", "title": "", "text": "Considering the combined accounts you're contributing $100 per month and they want $100 per year to administer them... that's 8.3% of your contributions gone to fees each year.  To me, that's a definite no.  Without getting in to bad mouthing the adviser for even making the suggestion, the scale of your account doesn't warrant a fee that high. Fees are very meaningful to the little fish investors.  There are LOADS of IRA account providers.  With that level of competition, there are several that have very reasonable account minimums, no annual maintenance fees, and a suite of no fee, no load, no commission, low expense ratio funds to choose from.  Schwab, Fidelity and Vanguard come to mind.  I know Schwab is running a big ad campaign right now as it's reduced some of it's already low expense ratios. If I were you, yes I would move the account because you can even get rid of the $10/year/account fee.  But, no, I would not move it to a higher fee situation. In my opinion on a $3,600 account + $1,200 per year in contributions, you don't need advise.  You need a good broad market low fee index fund, and enough discipline to understand that retirement is 25 years away so you keep contributing even when news is bad and the market is going down.  In 10 years maybe talk to an adviser. Using the S&P500 index daily close historical data from calendar year 2016, considering first of the month monthly deposits and a starting balance of $3,600, you would come out at the end of the year with about $5,294.  That's $494 in gain on your total contributions of $4,800.  They'd take $100, that's about 20% of your gain.  Compared to a no fee account with a reasonable expense ratio of 0.1% the fee would be just $5.30.  Bearing in mind also that your $100 per year account will probably be invested in funds that also have an expense ratio fee structure further zapping gains.  Further, you lose the compounding effect of the $100 fee over time which adds up to a significant of retirement funds considering a 25 year period.  If all you did was put that $100 fee in to a 1% savings account each year for 25 years you'd end up with $2,850. (Considering the average 7% return of the S&P you'd have $6,964 on just your $100 per year fees) This is why you should be so vigilant about fees."}
{"_id": "287783", "title": "", "text": "&gt;CBO and JCT estimate that, over the 2017-2026 period, enacting this legislation would reduce direct spending by $1,022 billion and reduce revenues by $701 billion, for a net reduction of $321 billion in the deficit over that period (see Table 1, at the end of this\u00a0document):  https://www.cbo.gov/publication/52849"}
{"_id": "287814", "title": "", "text": "&gt; That the German car industry will be dying out if they continue their anti-electricity stance and backwards mobility philosophy is another thing.  I don't see benz fitting into that category. Other players? Might be right.  https://www.mbusa.com/mercedes/vehicles/class/class-B"}
{"_id": "287817", "title": "", "text": "\"Sorry, those discussions were regarding current plans, mainly for papers and presentations.  Most of the people I interacted with at a metro/regional/global and above level, had zero sense.  In the words of one friend who was one of their global buyers (paraphrased since this conversation was 18 months or so ago): \"\"There are people down at the Austin headquarters who don't even realize they're supposed to be selling groceries.\"\"\""}
{"_id": "287819", "title": "", "text": "\"You're not alone; there's a quite a few good bloggers out there on the general theme of \"\"Financial independence, retire early\"\" (FIRE).  While most of what they blog about is about the technical money side of savings & investments and living sustainably off accumulated wealth, they also all seem to have had to confront the \"\"OK, so what do I do now?\"\" side of things too at some point (and admit that the \"\"FI\"\" is way more important that the \"\"RE\"\").  A few to get you started (think these are all UK based except MMM):\""}
{"_id": "287824", "title": "", "text": "you may pay less (and sometimes less) to your mouse clicks, and will be able to get guests quick having the bank. If you want to buy cheap targeted traffic for your business, then you can go with  buy cheap targeted traffic - http://buysitestraffic.com"}
{"_id": "287826", "title": "", "text": "\"Owning any sort of business is an absolute nightmare for a \"\"US Person\"\" not on US soil. It has nothing to do with money, but the fact that compliance costs are huge and it's only getting worse with the whole fatca nonesense.\""}
{"_id": "287837", "title": "", "text": "\"&gt;If you know that a company called Toyota with no access to any retained earnings...  Okay, we are talking at cross-purposes here.   I take it as axiomatic that speculative ventures by private actors is mostly a net good thing (e.g., grocery stores buying produce before the customer has handed over the gold, car-makers designing and building cars before they have been paid for end-to-end, etc...). Even if a lot of them fail, I take it as axiomatic that we would not have things like laptop computers and fresh oranges year-round and non-iron shirts without that kind of speculative investment.   I also take it as axiomatic that such speculative investment could not/would not exist without privately- or publicly-issued promissory notes. E.g., I do not think anyone would ever have made the first laptop computer, if doing so required directly handing previously-acquired gold coins to everyone involved in the design and construction.   A caveman with no money but infinite time could have built his own Macbook Pro with retina display: like everything else we have, it was dug up out of the ground by people no stronger than you or I. All the functionality is just ingenuity and machining, it's just stuff dug up and re-combined by people, not necessarily smarter than anyone else. The fact that it *has* been done by human beings, means, by definition, that it *can* be done by human beings.   Ergo, a caveman could have done it. Could have placed a man on the moon, or built himself a 60\"\" 1080p TV, or an iPod, or a nuclear bomb, or a Ferrari, or sent a satellite past the solar-system, anything at all. We don't have anything that he didn't have: just ingenuity, and whatever we dig up out of the ground.   But more realistically, the difference between us and cavemen is twofold:  - We have a historical record, and the accumulated ingenuity of millions of individual insights; and,  - We have an economy, based on credibility and promises, that allows things to be invented, tested, and made, before they are paid for.  I suggest that it is axiomatic that, for example, iPads would not exist if physical gold had to change hands at every step of development and manufacturing before it could occur, or at the instance of occurance. There is just no sane scenario where a product like that comes into existence without promises and speculative investment and loan-guarantees.   Same with fresh lettuce in winter, or plumbing or electricity or cable-TV.  You can't just trade a grain of gold for every gallon of water that comes out of your shower in real-time to a wet bill-collector, or stick some gold in the cable-jack for every minute of internet.   Someone is promising something, without having produced it yet. Whether you paid in advance, or they bill your the service later, value has changed hands on credit and promises. It's not a sane proposition that every transaction be a closed-loop, pay-as-you-go thing. Especially when you get into commercial transactions.   The modern world would not exist without credit markets, and credit markets cannot exist without something like fractional reserve banking. Demanding that everyone instantly reconcile every value-exchange with a physical transfer of gold or some such is not a sane proposition.   Would your cell-phone company pay someone to follow you around and collect grains of gold for every call? If so, would that person in turn be followed by the cell-tower owner, and so on?   Offering to \"\"pay in advance\"\" doesn't negate the conundrum: they still have to provide service, which may or may not be covered by your gram of gold. It's still a credit market, no matter which way the faucet runs. And a credit market means, ipso-facto, that more money is in circulation than has been printed.\""}
{"_id": "287846", "title": "", "text": "Not that I am aware.  If you are trying to mitigate losses from stock purchases, you may want to consider stock mutual funds. This is why single stocks can be extremely risky."}
{"_id": "287853", "title": "", "text": "&gt; When you learn to write English, write again and I will answer.  This personal attack on another poster is hilarious, considering that you tried to lecture me about not making personal attacks when I pointed out flaws in your English earlier.     lol"}
{"_id": "287857", "title": "", "text": "At minimum, put down the sale price less what insurance would pay if you got in an accident when driving home, OR purchase gap insurance. This auto loan calculator is fun to play around with.  The larger the down payment, the smaller your monthly payments will be.  Don't forget to budget insurance and gas!  Insurance on a car you make payments on is more expensive. http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx A buddy of mine had a string of bad luck and totaled his car a few months after the date of purchase.  He learned what it meant to be 'underwater', insurance paid him a few thousand less than the value of his loan.  What's worse than having no car, having no car and a loan!"}
{"_id": "287858", "title": "", "text": "The original investors and founders own them. Think about it this way - When you hear that an IPO priced at $10 opened at $50, is that 'good or 'bad'? Of course, it depends who you are. If you are the guy that got them at $10, you're happy. If you are the founder of the company, you are thinking the banker you paid to determine a market price for the IPO failed. Big. He blew it, basically as you just sold your company for 20% of the perceived value. But, instead of selling all the shares, just sell, say, 5%. Now, the IPO opening price is just a way to understand the true value of your company while keeping 95% of the upside once the market settles down to a regular trading pattern. You can slowly sell these shares into the market or you can use them as cash to take over other companies by buying with these shares instead of actual cash.  Either way, the publicly traded shares should trade based on the total value of the company and the fraction they represent."}
{"_id": "287868", "title": "", "text": "\"Both parties have the financial faucets on and neither wants to give up anything.  In the next few weeks and months we will hear the turn \"\"fiscal cliff\"\" a ton because there are many game changing risks out there right now.  Year to year fixes aren't the answer either becasue growth is hampered by uncertainty more then anything else.\""}
{"_id": "287876", "title": "", "text": "If your employer is matching 50 cents on the dollar then your 401(k) is a better place to put your money than paying off credit cards This.  Assuming you can also get the credit cards paid off reasonably soon too (say, by next year).  Otherwise, you have to look at how long before you can withdraw that money, to see if the compounded credit card debt isn't growing faster than your retirement.  But a guaranteed 50% gain, your first year is a pretty hard deal to beat. And if you currently have no savings, unless all of your surplus income has been reducing your debt, you're living beyond your means. You should be earning more than you're (going to be) spending, when you start paying rent/car bills.  If you don't know what this is going to be, you need to be budgeting.   Get this under control, by any means necessary.  New job/career?  Change priorities/expectations?  Cut expenses?  Live to your budget?  Whatever it takes. I don't think you should be in any investment that includes bonds until you're 40, and maybe not even then - equities and cash-equivalents all the way (cash is for emergency funds, and for waiting for buying opportunities).  Otherwise Michael has some good ideas. I would caveat that I think you should not buy any investments in one chunk, but dollar average it over some period of time, in case the market is unnaturally high right when you decide to invest. You should also gauge possible returns and potential tax liabilities. Debt is good to get rid of, unless it is good debt (very low interest rates - ie: lower than you could borrow the money for).  Good debt should still get paid off - who knows how long your job could last for - but maybe not dump all of your $50K on it. Roth is amazing.  You should be maxing that contribution out every year."}
{"_id": "287881", "title": "", "text": "\"Because the value of distressed assets is close to what they are selling for.   When you lend money, you know there is a risk of default.  You gamble on that risk, and you take the responsibility if you lose because the person taking the money can't pay.  People who buy distressed debt on the idea that they can make more money off of it are only able to do that in two ways:  not giving a shit what the impacts of wringing more money out create, figuring out a legal way to make someone else pay for it through ripple blackmail effects (other people also are impacted when a country can't function.)  If you back Klarman, you may say the point is you are \"\"teaching\"\" Puerto Rico and everyone else that they shouldn't take on debt they can't afford.   But when has that ever worked?  The pensioners who are bankrupt are the ones actually getting the pain of the lesson.  Another lesson could be to investors not to lend to people who can't pay them back.  The people lending the money are the ones who now don't have it because they made a bad choice.    Seth Klarman could also learn a lesson about taking on distressed debt being a non-lucrative pastime.  Or we can all learn a lesson that taking on distressed debt is very lucrative.  A big change America implemented was getting rid of debtor's prisons.  This looks a lot like getting excited about debtor's prison to me.  EDIT:  I should note I am thinking of the Algerian version of making a ton of money off of distressed national debt.  As opposed to making a bit more money off of distressed debt because you were willing to let the collapse figure itself out.  Though I'm not so sure about that either.\""}
{"_id": "287896", "title": "", "text": "I regularly transfer money from the US to Europe, and have found a simple US check a pretty useful way (if you are not in a hurry): you write a US dollar based check to yourself, and deposit it to a bank in your new location (which implies you open an account in France, yes). It takes some days (somedays 7 days), and then the money will be deposited. The local bank will convert it (so you can walk around and pick a bank that has a rate concept that pleases you, before you open the account), and there will be no fees on the US side (which means you can get every last dollar out of the account). Also, you have the control over how much you pull when - you can write yourself as many checks as you like (assuming you took your checkbook). This was the best rate I could get, considering that wire transfers cost significant fees. There are probably other options. If you are talking serious money (like 100 k$ or more), there will better ways, but most banks will be eager to help you with that. Note that as long as you make interest income in the US, you are required to file taxes in the US; your visa status and location don't matter."}
{"_id": "287899", "title": "", "text": "\"I would suggest opening a bank account that you use to accept deposits only, and then get a system set up where it automatically transfers the money over to your main account. If not instantly it could transfer the money hourly or daily. Of course you would have to pay a premium for this \"\"peace of mind\"\" ;)\""}
{"_id": "287923", "title": "", "text": "\"Offset against taxable gains means that the amount - $25 million in this case - can be used to reduce another sum that the company would otherwise have to pay tax on. Suppose the company had made a profit of $100 million on some other investments. At some point, they are likely to have to pay corporation tax on that amount before being able to distribute it as a cash dividend to shareholders. However if they can offset the $25 million, then they will only have to pay tax on $75 million. This is quite normal as you usually only pay tax on the aggregate of your gains and losses. If corporation tax is about 32% that would explain the claimed saving of approximately $8 million. It sounds like the Plaintiffs want the stock to be sold on the market to get that tax saving. Presumably they believe that distributing it directly would not have the same effect because of the way the tax rules work. I don't know if the Plaintiffs are right or not, but if they are the difference would probably come about due to the stock being treated as a \"\"realized loss\"\" in the case where they sell it but not in the case where they distribute it. It's also possible - though this is all very speculative - that if the loss isn't realised when they distribute it directly, then the \"\"cost basis\"\" of the shareholders would be the price the company originally paid for the stock, rather than the value at the time they receive it. That in turn could mean a tax advantage for the shareholders.\""}
{"_id": "287930", "title": "", "text": "I wouldn't go into a stock market related investment if you plan on buying a house in 4-5 years, you really need to tie money up in stocks for 10 years plus to be confident of a good return.  Of course, you might do well in stocks over 4-5 years but historically it's unlikely. I'd look for a safe place to save some money for the deposit, the more deposit you can get the better as this will lower your loan to valuation (LTV) and therefore you may find you get a better interest rate for your mortgage. Regards the pension, are you paying the maximum you can into the company scheme?  If not then top that up as much as you can, company schemes tend to be good as they have low charges, but check the documentation about that and make sure that is the case. Failing that stakeholder pension schemes can also have very low charges, have a look at what's available."}
{"_id": "287950", "title": "", "text": "The simple answer is technically bonds don't have earnings, hence no P/E. What I think the OP is really asking how do I compare stock and bond ETFs. Some mature stocks exhibit very similar characteristics to bonds, so at the margin if you are considering investing between 2 such investments that provide stable income in the form of dividends, you might want to use the dividend/price ratio (D/P) of the stock and compare it to the dividend yield of the bond. If you go down to the basics, both the bond and the stock can be considered  the present value of all future expected cashflows. The cash that accrues to the owner of the stock is future dividends and for the bond is the coupon payments. If a company were to pay out 100% of its earnings, then the dividend yield D/P would be conveniently E/P. For a company with P/E of 20 that paid out it's entire earnings, one would expect D/P = 1/20 = 5% This serves as a decent yard stick in the short term ~ 1 year to compare mature stock etfs with stable prospects vs bond funds since the former will have very little expected price growth (think utilities), hence they both compete on the cashflows they throw off to the investor. This comparison stops being useful for stock ETFs with higher growth prospects since expected future cashflows are much more volatile. This comparison is also not valid in the long term since bond ETFs are highly sensitive to the yield curve (interest rate risk) and they can move substantially from where they are now."}
{"_id": "287979", "title": "", "text": "You earn $75,000 yearly and saved $30,000 while living at home, for two years, rent-free. I am assuming you have been making good money for at least 2 years. How is it possible you only put away $30,000 on $150,000 of income? Were you giving something to your parents each week as rent, so they don't lose their home? Second, if you're not sure if you will be relocated in a year or two it makes no sense to buy. House prices won't spike like they have in the past any time soon. In one year, you can save another $30,000 without suffering since you live rent free. Many couples don't even make $75,000 and they got a mortgage, 2 kids and car payments."}
{"_id": "287983", "title": "", "text": "&gt;Those nerds aren't in charge of industry though.   Yes they are. I have friend who do PR and corporate communications work for auto and tech companies in China - most of the CEO's are Ivy-league educated technocrats.   &gt;China partners with companies to acquire technology still. They don't develop it.   Well duh -they're a late-blooming developing economy. Just wait one or two decades and see if they're still doing the same."}
{"_id": "287984", "title": "", "text": "At eSalesData, we are dedicated to streamlining your sales drive with high-response mailing lists and marketing services. Our teams of data specialists work round the clock, double and triple checking every record that finds a place in our database \u2013 all so that you can buy a list that is absolutely free from error, a list that will deliver far higher returns that than any data you\u2019ve ever used."}
{"_id": "287991", "title": "", "text": "I have about $1K in savings, and have been told that you should get into investment and saving for retirement early. I make around $200 per week, which about $150 goes into savings. That's $10k per year.  The general rule of thumb is that you should have six months income as an emergency fund.  So your savings should be around $5k.  Build that first.   Some argue that the standard should be six months of living expenses rather than income.  Personally, I think that this example is exactly why it is income rather than living expenses.  Six months of living expenses in this case would only be $1250, which won't pay for much.  And note that living expenses can only be calculated after the fact.  If your estimate of $50 a week is overly optimistic, you might not notice for months (until some large living expense pops up).   Another problem with using living expenses as the measure is that if you hold down your living expenses to maximize your savings, this helps both measures.  Then you hit your savings target, and your living expenses increase.  So you need more savings.  By contrast, if your income increases but your living expenses do not, you still need more savings but you can also save more money.  Doesn't really change the basic analysis though.  Either way you have an emergency savings target that you should hit before starting your retirement savings.   If you save $150 per week, then you should have around $4k in savings at the beginning of next year.  That's still low for an emergency fund by the income standard.  So you probably shouldn't invest next year.  With a living expenses standard, you could have $6250 in savings by April 15th (deadline for an IRA contribution that appears in the previous tax year).  That's $5000 more than the $1250 emergency fund, so you could afford an IRA (probably a Roth) that year.   If you save $7500 next year and start with $4k in savings (under the income standard for emergency savings), that would leave you with $11,500.  Take $5500 of that and invest in an IRA, probably a Roth.  After that, you could make a $100 deposit per week for the next year.  Or just wait until the end.   If you invested in an IRA the previous year because you decided use the living expenses standard, you would only have $6500 at the end of the year.  If you wait until you have $6750, you could max out your IRA contribution.  At that point, your excess income for each year would be larger than the maximum IRA contribution, so you could max it out until your circumstances change.   If you don't actually save $3k this year and $7500 next year, don't sweat it.  A college education is enough of an investment at your age.  Do that first, then emergency savings, then retirement.   That will flip around once you get a better paying, long term job.  Then you should include retirement savings as an expected cost.  So you'd pay the minimum required for your education loans and other required living expenses, then dedicate an amount for retirement savings, then build your emergency savings, then pay off your education loans (above the minimum payment).  This is where it can pay to use the more aggressive living expenses standard, as that allows you to pay off your education loans faster.   I would invest retirement savings in a nice, diversified index fund (or two since maintaining the correct stock/bond mix of 70%-75% stocks is less risky than investing in just bonds much less just stocks).  Investing in individual stocks is something you should do with excess money that you can afford to lose.  Secure your retirement first.  Then stock investments are gravy if they pan out.  If they don't, you're still all right.  But if they do, you can make bigger decisions, e.g. buying a house.   Realize that buying individual stocks is about more than just buying an app.  You have to both check the fundamentals (which the app can help you do) and find other reasons to buy a stock.  If you rely on an app, then you're essentially joining everyone else using that app.  You'll make the same profit as everyone else, which won't be much because you all share the profit opportunities with the app's system.  If you want to use someone else's system, stick with mutual funds.  The app system is actually more dangerous in the long term.   Early in the app's life cycle, its system can produce positive returns because a small number of people are sharing the benefits of that system.  As more people adopt it though, the total possible returns stay the same.  At some point, users saturate the app.  All the possible returns are realized.  Then users are competing with each other for returns.  The per user returns will shrink as usage grows.   If you have your own system, then you are competing with fewer people for the returns from it.  Share the fundamental analysis, but pick your stocks based on other criteria.  Fundamental analysis will tell you if a stock is overvalued.  The other criteria will tell you which undervalued stock to buy."}
{"_id": "287995", "title": "", "text": "But they aren't, your number fails to compare the US to any other countries in 2013. My numbers do compare the rate in the US to other countries over four different years.   Edit: also, it is funny that the rate cost rise in the US has increased since we passed the afordable care act... hmmm...."}
{"_id": "287999", "title": "", "text": "Should we have to prepare any documents or deed or we simply asked our son to send on line a scanned copy on simple paper signed by him to declare that this amt is given as gift which is gifted to us through this cheque number/date/bank etc? Depending on amount, if few thousands don't bother. If few lacs get it on a simple plain paper, if in crores, get a proper gift deed executed. There is no tax for you. My son wants to remit some money in his mother's account jointly with me(father). It is very much clear that it will be tax free in india being a gift but how will this amt be treated as gift in the eyes of income tax people? Should we have to prepare any documents or deed or we simply asked our son to send on line a scanned copy on simple paper signed by him to declare that this amt is given as gift which is gifted to us through this cheque number/date/bank etc? Whether our son shows that amt as gift in his yearly return or not. what are the implications to his tax return due to gifted As your son is US citizen, he can only gift USD 14,000 to you and equal amount to your mother in a year. Similarly your daughter in law can give you both 14000 each. If it is more, he has to pay taxes or claim it against life time exemption of 1 million (?) USD"}
{"_id": "288001", "title": "", "text": "Of course, the *quality* of that content will dictate whether or not it's a successful business endeavor.  If in-house content is 100% of what you do, and 75% of that is shit, then it may not work out in the end.  As you probably know from the entire content business, creating compelling and valuable content isn't a cakewalk...and it costs money - lots of it in the case of the market Netflix is trying to enter."}
{"_id": "288003", "title": "", "text": "That lousy argument has been debunked so many times. Advertising is a plague that now serves fraudulent activities far more than actually \u201chelping\u201d websites and more importantly people behind them. On average, a dollar spent on online ads actually gives you only 20p of ad space, the rest being taken by the battalion of intermediaries from media agency to google to ad exchange and so on. So no, ads don\u2019t help websites, they feed the ad monster built by google and facebook and used by petty criminals.  No one ever said we were ok to see oligarchies owning the web - as a physical infrastructure as well as on the content side of things - and taking most of the revenues while real architects of the web we know are not living from their activities. If it wer eup to me we\u2019d be hosts and clients in a really decentralized network where bandwidth would be the fluid currency."}
{"_id": "288004", "title": "", "text": "&gt; Trademarks are also not held onto just for the sake preventing another company from using them.  They are not? I know of two cases in Germany, from the top of my head.  Companies will look for the cheapest way, obviously. In some cases they might decide to rather use or sell some of the idle patents, sure.  I think mandatory licensing is more promising."}
{"_id": "288043", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Why Dockless Bikes May Spell the End of Public Bike-Share](https://www.reddit.com/r/Economics/comments/789r5u/why_dockless_bikes_may_spell_the_end_of_public/) on /r/Economics with 7 karma (created at 2017-10-24 02:28:09 by /u/rwescott)  * [Why Dockless Bikes May Spell the End of the Old Bike-Share Model](https://www.reddit.com/r/EcoInternet/comments/779kkg/why_dockless_bikes_may_spell_the_end_of_the_old/) on /r/EcoInternet with 1 karma (created at 2017-10-19 04:51:07 by /u/EcoInternetNewsfeed)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "288050", "title": "", "text": "You have to read the fine print of the pension wrapper (Standard Life), and of the new fund you want to invest into to find out.  Typically here is were the fee feast could happen So you can manage actively your pension pot. But if you choose to do so you need to be mindful of the fees you have to pay. You should better find a pension wrapper with low fees and find funds with low fees If you change all your funds 4 times a year and you get a 1% charge each time, then you pay 4% of your assets. If your investments return for that year is 8%, then you wiped 50% of your return for that year! Good luck with the reading"}
{"_id": "288061", "title": "", "text": "I've done this, both as one of the renters and (in a different house) as the landlord. I had roommates I had not lived with before though. It's definitely doable, but can get awkward. Some advice in no particular order Make sure you can afford the house on your own. This avoids the awkward situation of making you financially dependent on your friends. Also, it shouldn't be a problem for a 110k house on a 70k salary. Set the rent below market rates. The arrangement should be financially beneficial to everyone, not just yourself. Expect your roommates to leave eventually. These days people will go where job opportunities take them."}
{"_id": "288062", "title": "", "text": "The US has, I believe, the largest refinery capacity in the world, and is the world's largest exporter of chemicals. Sure Iran and Kuwait has a lot of raw crude, but if you want that made into jet fuel, tires, and plastic bags you need expensive refineries. The US, China, and Russia import a great majority of the oil and just export the refined products.  It's easy money being the middle man. Import a barrel of oil for $100, turn it around and sell the refined products back for twice that cost."}
{"_id": "288073", "title": "", "text": "I think the list could have added:  - Save in regular intervals using the same strategy.  Just to make sure that good old dollar cost averaging is thrown in. That's probably where most people go way wrong. Save money all year, dump it on a stock they like because some family friend investment expert said that 'apple prices will go up' with out explaining that you need to take advantage of mean reversion to help spread the risk."}
{"_id": "288074", "title": "", "text": "Does the corporation need the money for its ongoing business? If so, don't transfer it. If not, feel free. This decision has nothing to do with whether the corporation made money in any particular year."}
{"_id": "288094", "title": "", "text": "I think we're well past the point that vinyl is considered a hipster trapping, a lot of people that aren't beholden to a clique enjoy collecting vinyl; almost like trading cards but for music they enjoy. It's a visceral induction of the album as a whole as the rest of the music industry moves towards playlists, internet radio, and Artist's Top 10 song splashpages.  I've never subscribed to the notion that vinyl sounds more accurate, but it is aesthetically pleasing and 'warm' in tone while providing a physical token."}
{"_id": "288126", "title": "", "text": "\"Yes, definitely. Many municipalities and local governments issue bonds to fund various projects (schools, hospitals, infrastructure, etc). You can buy these bonds and in that way invest in these things. In the US these kinds of bonds are tax-free, i.e.: the income they provide is not taxed (by the US government, may be taxed by your State, check local tax laws). There are also dedicated mutual funds that that is all they invest in, if you don't want to deal with picking individual bonds. As to mom-and-pop stores - that would not be as easy, as mom-and-pop stores are by definition family owned and you can invest in them only if you are personally acquainted with them. Instead, you can invest in small regional/local chains, that while not being mom-and-pop, still small enough to be considered \"\"local\"\", but are publicly traded so that you can easily invest in them. You'll have to look for these. You can also use social lending platforms, like Lending Club, which I reviewed on my blog, or others, where you can participate in a lending pool to other people. You can invest in a credit union by opening an account there. Credit unions are owned by their account holders.\""}
{"_id": "288136", "title": "", "text": "You make it sound like consumers literally have no choice in the matter. That's absurd. The fact that many people don't make an effort to be responsible consumers is no one else's fault.   As long as businesses are not outright lying about their products or services, there's no reason for the government to be in loved.  It's really not hard to control the impulse to buy a tabloid or a snickers bar."}
{"_id": "288138", "title": "", "text": "How I recognize a silver bubble: I don't think silver is in a bubble. You state: What goes up, must come down I'm not sure I agree with this.  Yes, prices fluctuate.  But most prices generally go up over time due to inflation - somethings more than others. Was coffee in a bubble in early 2005?    If you thought so then you would have missed this:  Was gold in a bubble in Argentina in 2001?  If you thought so then you would have missed this (sorry for the mismatching chart scales):  Was gold in a bubble in Weimar in 1922?  If you thought so then you would have missed this:  Maybe US farmland is in a bubble since prices are rising rather dramatically.  I don't think it is in a bubble since I rarely hear anyone talking about investing in farmland:"}
{"_id": "288144", "title": "", "text": "Depends on the fund. If it's a Target Date fund, which is inherently diversified, this comes down to how much you trust the investment house to not go belly-up. If it's another kind of fund, you need to manage your own duversification and occasional rebalancing.  Most of my money is in index funds (details elsewhere), but that's five or six very different indexes to cover the investment space with the mix of investment types I've selected. And most of it is in a single family of funds, which might be argued to be higher risk than desirable but which has been convenient."}
{"_id": "288145", "title": "", "text": "*Disclaimer: I am a tax accountant , but I am not your professional accountant or advocate (unless you have been in my office and signed a contract). This communication is not intended as tax advice, and no tax accountant / client relationship results. *Please consult your own tax accountant for tax advise.** A foreign citizen may form a limited liability company. In contrast, all profit distributions (called dividends) made by a C corporation are subject to double taxation. (Under US tax law, a nonresident alien may own shares in a C corporation, but may not own any shares in an S corporation.) For this reason, many foreign citizens form a limited liability company (LLC) instead of a C corporation A foreign citizen may be a corporate officer and/or director, but may not work/take part in any business decisions in the United States or receive a salary or compensation for services provided in the United States unless the foreign citizen has a work permit (either a green card or a special visa) issued by the United States. Basically, you should be looking at benefiting only from dividends/pass-through income but not salaries or compensations."}
{"_id": "288156", "title": "", "text": "\"The reason I don't want to get into here it is because internet debates over these things turn into an absolute shit-show, instantly.   In a nutshell, the (sane parts of) argument comes down to very difficult-to-prove assumptions about how perfectly fiat currency can/will be implemented.  - The (sane) case for gold is that it is very difficult to get into the kind of money-printing mischief that places like Zimbabwe and Argentina have got into when your currency is based on something with a finite and slow-growing supply. It's hard to print more gold.   - The (sane) case for fiat currency is that it is ridiculous to hamstring the entire economy by tying it to one arbitrary commodity with a fluctuating value and supply that does not correlate well with overall economic output.   A perfectly-implemented fiat currency, printed and ordained by a perfectly omniscient, perfectly competent, and perfectly benevolent central bank (let's call it \"\"God money\"\"), is the ideal. That's pretty much axiomatic, and even sane gold-bugs would tend to allow the above, so far as it goes, including all stipulations.   In fact, someone inclined to believe in divine intervention might make a case that gold is precisely that: a hard-to-forge, easy-to-detect, easy-to-handle metal placed on earth by God in quantities just right to serve as currency.  The problem is that a really *bad* fiat currency is absolutely terrible: leads to nightmare-scenarios; people starving on one side of a fence while tons of crops are being burned on the other side because of runaway price-discrepancies, stuff like that. Again, even (sane) Keynesians will allow as much.   The problem is that the crazies, ideologues, and single-issue zealots come out of the woodwork when you start getting into this stuff, and tend to dominate the conversation (if \"\"conversation\"\" is a fair word to use). In a sense, the \"\"sane\"\" spectrum of debate boils down to an almost ideological divide:   - Whether you believe that a sort of permanent, technocratic, central-bank/currency-issuer is possible/plausible.  Because if it *is* achievable, it is almost certainly better than just tying the whole economy to the price of a single commodity. If it is *not* achievable, then it is almost certainly better to let the markets adjust and correct, however imperfectly, than to tie the whole economy to the whims and wishes of incompetent and politically-motivated money-printers. (I hope that makes sense, and that it is a fair representation of the conundrum).  The problem with making an argument is that you've got a hodge-podge of technical (and sometimes fairly complicated) nitty-gritty, plus a certain amount of starting-assumption/worldview/ideological stuff, all smooshed together, and almost all of it is very hard/impossible to \"\"prove\"\" via evidential scientific testing.   Both the technical and historical stuff have strong conflicting indicators, and it's obviously not possible to, say, set up two identical societies and let them run for a thousand years, controlling for everything but monetary policy, and see what happens.   Macro-economics is a very imperfect science. It has certainly given the world some very useful and valuable insights and axioms, but the testing methods are extremely indirect and heavily subject to interpretation: you really have only the historical record to draw on, and it is almost impossible to find examples that control for whatever variable is in question.   Macro, ideally, *tries* really hard to be science, but you're always kind of picking from bad examples when testing a hypothesis, trying to line up vaguely similar historical periods to isolate for some common factor. It's kind of like geology or theoretical physics, except with much smaller and messier data-sets. Ten thousand years from now, it will be much easier to look at the historical data and isolate for particular variables over multiple hundred-year spans across a variety of cultural, political, and socio-economic backgrounds.   For now, the peanut-gallery is chock full of questions that the experts cannot answer, and the record is full of exceptions to every rule, and a lot of it frankly boils down to worldview and ideology (with a healthy dollop of \"\"I'm smarter than you\"\" to finish the sauce).   Since I personally prefer technical questions to politics, I will leave it to others to formulate and debate those things.\""}
{"_id": "288167", "title": "", "text": "There are two impacts: First, if the pound is dropping, then buying houses becomes cheaper for foreign investors, so they will tend to buy more houses as investments, which will drive house prices up. Second, in theory you might be able to get a mortgage in a foreign country, let's say in Euro, and you might hope that over the next few years the pound would go up again, and the Euros that you owe the foreign bank become worth less."}
{"_id": "288185", "title": "", "text": "we are working aggressively to bring in the housing bubble in for a soft landing   meanwhile, the US bubble was never managed in the first place, has already burst and caused a recession that's the worst since the great depression.   you were saying? yes, at this point in time, the chinese bubble looks worse because the US bubble already killed us and we don't have one anymore."}
{"_id": "288189", "title": "", "text": "This is me going off my assumptions here...  With Lyft, I think you'd be right. Most people are doing it as a part-time gig and would otherwise own/lease a car.   With Uber, most people are doing it as a career. Most drivers are former taxi drivers. Uber has started promoting programs to help drivers lease new cars with -- I'd assume -- discounted rates. Thus, Uber is promoting its drivers to make a financial commitment to get new cars but is still treating them as independent contractors who can be terminated from the system without cause and are subject to Uber's whims to reduce or change the business model/pricing structure.   It's a huge risk for drivers to take, and I fear most aren't accurately assessing the risk when they sign up."}
{"_id": "288212", "title": "", "text": "India-based Comantra, alleged to get involved in phone assistance fraud, thrown out of Microsoft\u2019s Gold Partner membership program The centers contact persons saying that they\u2019re working for Microsoft and they happen to be \u201calerted\u201d to issues with the user\u2019s computer. Microsoft has eventually thrown the Indian firm that was among the \u201cGold\u201d associates in the [...]"}
{"_id": "288219", "title": "", "text": "\"Losses at a brokerage firm due to fraud are insured up to $500,000 per account for securities  by the SIPC (Securities Investors' Protection Corporation), which is the stock market version of the FDIC (that insures deposits). The protection amount for cash is $250,000. That's small comfort to \"\"big\"\" players in MF Global. But it does protect \"\"small\"\" investors like you.\""}
{"_id": "288233", "title": "", "text": "This is the thing - you will have to pretty much live it for the next ten plus years (far longer than you need for a PhD). You can become a heart surgeon in less. The question is if you don't make it all the way, would you still be happy?  If you have an interest in financial mathematics, then I would add that it isn't all Citigroup. There are plenty of other places in financial institutions (both large and small) that can be more interesting and possibly less demanding than actuarial work for less work."}
{"_id": "288254", "title": "", "text": "Cripes, did anybody think to proofread it in all that time? It has random spaces in the middle of every other word. From the executive summary it looks like a fairly optimistic overview of transhumanist goals (which I've been aware of and supported for years now, thanks kindly) without anything that should cause you to flip a shit as you have here.   There's nothing inherent to human enhancement or future technology that suggests less privacy or liberty for individuals - in fact a lot of human snooping, minding, and emergency decision-making can be replaced by automated systems with memories kept short by law. If all you're concerned about is the potential abuses by tyrannical governments then you're never going to welcome any technological change in the future and you probably find yourself at odds with most of the advances from the 20th century. Tyrannical governments can ruin and abuse *anything.* Any ex-Soviet will tell you they can be just as nosy and suppressive with pen and paper as with computers and nanomabots. The control problem you seek to address is tyranny, not technology.  I'm skimming through this bloody massive document and not seeing anything so horrible that unfamiliarity warrants accusations of mental deficiency. It looks like five hundred pages of breathless futurism with plentiful concern for privacy. Point me toward the bug up your ass or I'm just going to write this off as luddite fearmongering."}
{"_id": "288268", "title": "", "text": "1. you want /r/personalfiance  2. 1 payment or 4-5 makes no difference 3. what makes the difference are a) interest rate b) pay as much as possible every month 4. pay as much as you can into the credit card with the highest interest rate, and the minimum payment on the rest; as you pay off a credit card, make as big of a payment to the one that has the highest interest rate 5. stop charging anything on any credit card and stop getting into any kind of debt 6. as you pay off a credit card, call the company and cancel it."}
{"_id": "288269", "title": "", "text": "Summarized article: The London-based investment bank Barclays Bank has agreed to pay penalties of $450 million to settle charges it attempted to manipulate key benchmark interest rates.   The settlement is with the US Department of Justice, the U.S. Commodities Futures Trading Commission and the British Financial Services Authority (FSA).   Investigators found that Barclays manipulated the London Interbank Offered Rate (Libor) and the Euro Interbank Offered Rate (Euribor) which measures how much banks will charge each other for loans, and in turn, affects the cost of loans and mortgages to consumers.   Between 2005 and 2009, Barclays staff would base its estimates for the Libor on the requests of its derivatives traders, who wanted to manipulate the rate to benefit their trading positions. The traders would ask their Barclays colleagues to adjust their rate estimates up or down to post a profit for the bank.  The FSA said that Barclays appeared to have a wide acceptance of its derivatives traders lobbying its colleagues and found evidence through a trail of emails and instant messages.   Barclays has admitted its actions fell short of industry standards but it is unclear if there was any impact to consumers.   The FSA is investigating several major banks for similar violations.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "288270", "title": "", "text": "Nah, they actually need them seriously, it's the main profit center for retail. The thing is, it's not that bad, the return shipping rates Amazon is giving to sellers are actually amazing. What I don't understand is why they can't offer those rates to us if we sell something and print the label from Amazon. Like they are ridiculously good. It would probably be cheaper for me to make a fake order and return for every shipment that I actually send out."}
{"_id": "288284", "title": "", "text": "Ah, so GS didn't tell its customers to sell stocks.  Businesses aren't concerned about healthcare, the EPA and the NLRB.  Healthcare isn't about to get tossed by the SC.  And Fast &amp; Furious wasn't a way to change gun laws. (Try to compare it to Wide Receiver and I guarantee you'll fail like the typical liberal idiot you are.)  Oh, and I didn't get downvotes because people think I'm a republican. LOL  Why do liberals simply ignore facts?  This president is a complete failure and Romney is the only choice we have. Sorry you can't handle the truth.  Worthy only of mockery, you shall be laughed at for the next 2 seconds."}
{"_id": "288289", "title": "", "text": "As other answers state, selling the options contracts to the market is a definite way out, and probably the best in most cases.  If you're determined to exercise your options (or there's not enough liquidity to reasonably sell your contracts to the market), then you could plan ahead and exercise smaller number of contracts at a time and sell the resulting position in the underlying, which will give you funds to exercise some more contracts and sell the underlying.    If you think you're going down this path, however, make sure that you take into account your broker's rules for settlement.  You may need to start the exercise / sell cycle before the option's expiration date."}
{"_id": "288313", "title": "", "text": "Back end fees should not really matter much in DCA vs VA as they are both ways of deploying money in the markets and back end fees happen when selling not deploying.  The only difference I can think of would be if the back end fees have a holding period and if you need to take the money out before that period end some money may be subject to a higher fee.  The difference should not generally be large and since it is largely random whether DCA or VA deploys the capital more quickly it makes little difference. On a related note, DCA or VA makes little difference and when transaction fees are significant or time frames are long (retirement) generally, on average, both lose to lump-sum investing. Finally, as Chris mentioned mutual funds with load fees (especially back end but even front end) are considered poor investment choices as the vast majority don't give excess returns that justify the heavy fee load."}
{"_id": "288323", "title": "", "text": "If I could, I would buy you a coffee and then we could rant together the whole evening - that's how much I agree with you! You know, the right wing is trying the same fucking thing here in Norway too, but that will happen over my dead body."}
{"_id": "288330", "title": "", "text": "No.  An exchange rate tells you the exchange rate, that's all.  Changes in exchange rates are a little more interesting because they suggest economic changes (or anticipation of such), but since the exchange rate is the composite of many economic forces, determining what changes may be in action from an exchange rate change is not really possible."}
{"_id": "288340", "title": "", "text": "\"Actually no. You're in a subreddit where productivity is valued above \"\"business cosmetics\"\", and racism and misogyny are valued by their impact in the workplace. In this case OP described perfectly and truely what happens when you have a group of women working together for a long period of time.\""}
{"_id": "288348", "title": "", "text": "You should be able to sell it to a collection agency. I just googled and this is the first results: CollectYourBills.com"}
{"_id": "288350", "title": "", "text": "Unfortunately, you still owe the collection agency the money. Once they bought your debt, they became the ones that you needed to pay. Nothing that you do or pay to the apartment complex has any bearing on their right to collect that debt. As far as the agency is concerned you gave the apartment complex a gift.  As to whether you can get the complex to refund that payment, you will need to speak to a lawyer. And it may hinge on what obligation the complex had of reminding/informing you that your debt had been sold to a collection agency."}
{"_id": "288358", "title": "", "text": "Well the only way you can actually legally do a bond issuance is through a broker dealer. In order to register and actually sell the securities to outside investors, you need a registered representative at a registered broker dealer. This falls under blue sky laws. You LEGALLY have to have one.  Also, why would you prefer to issue? I mean public debt offerings are massive undertakings (hence why I said unless no one is pitching you, why do it). For example, as a first time issuer, you would have to register with the SEC, every state you plan to issue in, submit historical AUDITED financials, comply with SOX and other accounting filings, bring in due diligence, go on roadshows, etc. This stuff costs A LOT of time and money.   For example, since you've never issued before, if you're cooking the books and the bankers don't catch it they can be legally liable for fraud.  Also, how much are you even trying to raise?"}
{"_id": "288376", "title": "", "text": "All else constant, yes. It's one more reason rates aren't being raised quickly. The housing market is very delicate. Before the crash, a lot of homes in my area were 25% cheaper than after the rates dropped to historic lows. My area wasn't heavily affected by the recession, but homeowners still greatly benefitted from the increase in housing values which led to a lot more investment, though the houses aren't actually worth anything more.   To raise rates dramatically now would be to trap a lot of homebuyers in homes that aren't worth what they owe."}
{"_id": "288391", "title": "", "text": "Here's an old-ish article from the NYT that discusses this."}
{"_id": "288403", "title": "", "text": "Earnings per share is the company profit (or loss), divided by the number of outstanding shares. The number should always be compared to the share price, so for instance if the EPS is $1 and the share price is $10, the EPS is 10% of the share price. This means that if the company keeps up this earning you should expect to make 10% yearly on your investment, long term. The stock price may fluctuate, but if the company keeps on making money you will eventually do so too as investor. If the EPS is low it means that the market expects the earnings to rise in the future, either because the company has a low profit margin that can be vastly improved, or because the business is expected to grow. Especially the last case may be a risky investment as you will lose money if the company doesn't grow fast enough, even if it does make a healthy profit. Note that the listed EPS, like most key figures, is based on the last financial statement. Recent developments could mean that better or worse is generally expected. Also note that the earnings of some companies will fluctuate wildly, for instance companies that produce movies or video games will tend to have a huge income for a quarter or two following a new release, but may be in the negative in some periods. This is fine as long as they turn a profit long term, but you will have to look at data for a longer period in order to determine this."}
{"_id": "288409", "title": "", "text": "You could certainly look at the holdings of index funds and choose index funds that meet your qualifications.  Funds allow you to see their holdings, and in most cases you can tell from the description whether certain companies would qualify for their fund or not based on that description - particularly if you have a small set of companies that would be problems. You could also pick a fund category that is industry-specific. I invest in part in a Healthcare-focused fund, for example.  Pick a few industries that are relatively diverse from each other in terms of topics, but are still specific in terms of industry - a healthcare fund, a commodities fund, an REIT fund.  Then you could be confident that they weren't investing in defense contractors or big banks or whatever you object to. However, if you don't feel like you know enough to filter on your own, and want the diversity from non-industry-specific funds, your best option is likely a 'socially screened' fund like VFTSX is likely your best option; given there are many similar funds in that area, you might simply pick the one that is most similar to you in philosophy."}
{"_id": "288425", "title": "", "text": "Nope, sorry.  ChemChina-Syngenta are not US companies and they couldn't care less about US when it comes to long term strategy. Chem china is also in about to merge with sino chem.  This will be by far the largest diversified company in the world. followed by BASF.  Dow Dupont, will shrink, since they have the weakest global reach, compared to Asian and european counterpart.   Bayer-Monsanso? They see the writing on the wall. Either they  look for partners quickly or become irrelevant.   There is no option. Either become bigger/more  efficient or perish."}
{"_id": "288438", "title": "", "text": "I typed my information into both last year, and while they were not exactly the same, they were within $10 of each other. For my simple 2009 taxes they were not different in any meaningful way."}
{"_id": "288446", "title": "", "text": "Military Members who are assigned to locations where dependents are not allowed to travel at government expense (such as basic training, and some unaccompanied overseas assignments) can live in the barracks for free, and still continue to receive the housing allowance, in order to provide a household for their family members."}
{"_id": "288448", "title": "", "text": "Typically this isn't a random order- having a small volume just means it's not showing on the chart, but it is a vlid price point. Same thing would've happened if it would've been a very large order that shows on the chart. Consider also that this could have been the first one of many transactions that go far below your stop point - would you not have wanted it to be executed then, at this time, as it did? Would you expect the system to look into future and decide that this is a one time dip, and not sell; versus it is a crash, and sell? Either way, the system cannot look in the future, so it has no way to know if a crash is coming, or if it was a short dip; therefore the instrcutions are executed as given - sell if any transfer happens below the limit. To avoid that (or at least reduce the chance for it), you can either leave more distance (and risk a higher loss when it crashes), or trade higher volumes, so the short small dip won't execute your order; also, very liquid stocks will not show such small transaction dips."}
{"_id": "288463", "title": "", "text": "how much capital do you have? how much capital will you need? if you don't have much capital, how do you plan to finance? what are your short-term projections? long-term projections? what assets do you need? overhead? supply chain initiatives? how ripe is the market for your idea? how do you plan to differentiate yourself from your competitors? who's your biggest competitor? what are they going to be doing 5 years out? who are your customers? have you segmented them? who are your distributors and channels? how do you plan to promote your company?"}
{"_id": "288464", "title": "", "text": "I can't speak to Tangerine's system specifically, but I have used similar systems through Bank of America and Chase (both US-based).  It sounds like my experience in terms of identity verification were very similar, and I now use this to pay several contractors on a regular basis. No problems so far."}
{"_id": "288480", "title": "", "text": "It doesn't matter who wants what. If you spend more than you have, you have to cut stuff. The longer you wait, the more it hurts. California has waited way too long, that means they have to cut deep, which means a lot more people get hurt than if they cut 8 years ago."}
{"_id": "288491", "title": "", "text": "This is surprising, I'm not sure if they do this anymore. I got an overdraft fee a couple months when they tried to pay the balance on my CC. I had plenty in savings to cover it. I called and argued with them because they re-ran the draft to pay the CC the next day too, when they should have been well aware there weren't funds in the checking account, but they wouldn't do anything about it.  The first time I've ever had a gripe with them."}
{"_id": "288504", "title": "", "text": "Generally, paying down your mortgage is a bad idea. Mortgages have very low interest rates and the interest is tax deductable. If you have a high interest mortgage, or PMI, you might consider it, but otherwise, your money is better off in some sort of index fund. On the other hand, if your choices are paying down a mortgage or blowing your money on hookers and booze, by all means do the mortgage. Typical priorities are: Dave Ramsey has a more detailed plan."}
{"_id": "288506", "title": "", "text": "From a little guy perspective, I've been working inside computers since I first cracked open my Apple IIE in the 80's.  There's some sort of disconnect in my brain with mobile devices. I can barely use the functions on my smartphone and I just can't seem to grasp the fundamentals. It makes me feel so old."}
{"_id": "288518", "title": "", "text": "\"...and the 'winner' will get to be the next \"\"Brazil-by-the-[whatever that city's known for]\"\". There'll be [private, secret transportation](https://io9.gizmodo.com/5976477/the-hidden-bus-routes-in-san-francisco-that-are-only-for-techno-elites) so the imported elite won't have to rub up against the favela-dwellers. Of course the Bezos-thralls will totally distort the property-value distribution.  But hang in there, locals. Once the tax subsidy period runs out, you'll get 'your' city back after Amazon conducts another hysterical selection process.\""}
{"_id": "288537", "title": "", "text": "Be ruthlessly meticulous about the IRS regulations for deducting a home office.  If it's allowed, it's allowed."}
{"_id": "288551", "title": "", "text": "You are omitting how the company made 120 million in the previous year and may be facing a shrinking market and thus have poor future prospects. If the company is shrinking, what will the shares be worth down the road. Remember companies like AOL or Blackberry? There was a time they had big profits before things changed which is the part you aren't considering here. If the company has lost something big on its earnings, e.g. the oil wells it owned have run out of reserves or the patents on its key drugs have expired, then there could be the perception that the company won't be able to compete in the future to continue to deliver earnings. Some companies may well end up going broke as one could look at GM for a company that used to be one of the largest car companies in the world and yet it ended up going broke."}
{"_id": "288559", "title": "", "text": "In any case you need a CA. Please consult one. I am selling a plot of land that I own in India. This would be treated as capital gains event and you would owe taxes on the gains. I would like to purchase an apartment in India for my parents use. Yes you can. You maybe able to offset some gains on land sale against the apartment.  Would like to gift part the money (about INR 20 lakhs) towards my US born son's college education in the US. As you are NRI; Under FEMA, you can transfer funds from your NRO account to US. A form 15CAB and 15CB need to be submitted to the bank to enable transer."}
{"_id": "288564", "title": "", "text": "Seems a little early.  Here's my advice: if you don't feel ready, you're probably not completely ready. In that case, it would probably be best if you worked as the assistant to the president of your business for a while to learn the ins and outs.  Even if you are confident, keep the current president around to help. Maybe they can occupy the vice president position while you take over ownership. You'll want somebody there who knows what's up when shit hits the fan."}
{"_id": "288568", "title": "", "text": "You will have a tough time matching Staples, etc. on general use items (copy paper, file folders, etc.). The big box stores use copy paper as a loss leader to pull in clients. You will need to specialize with your products and services to carve out a niche."}
{"_id": "288575", "title": "", "text": "\"I didn't intend to compare them for the purposes of pointing out any similarities.  I just found it interesting that some people thought Google was overvalued and that the company turned out to be a juggernaut.  Facebook perhaps has more serious problems but who knows where the company will be in 8 years.  Perhaps then we'll look back at the criticism and think, \"\"it should have been obvious that blah blah blah.\"\"\""}
{"_id": "288586", "title": "", "text": "The iPhone 6 looked really good so I didn't buy a case for it when I got it. But it slipped out of my hands and shattered less than 48 hours of ownership.   I'd be curious what the percentage of people without a case is. I almost never see someone still going bareback. Everyone seems to use a case."}
{"_id": "288604", "title": "", "text": "Should be noted that pacoverflow's answer is wrong. Yahoo back-adjusts all the previous (not current or future) values based on a cumulative adjustment factor. So if there's a dividend ex-date on December 19, Yahoo adjusts all the PREVIOUS (December 18 and prior) prices with a factor which is: 1 - dividend / Dec18Close"}
{"_id": "288617", "title": "", "text": "You have defined net profit to include all income and, presumably, expenses. Specifically, you are including income from other sources and are including finance costs and tax expense. For the quarter ended June 30, 2015, the net profit, by your definition, is 12.58. This is given on line 9 of the PDF. You ask how you can review this information. You cannot, given only the PDF you linked to. Note that the numbers have not been audited so it is the case that no trusted third party has yet reviewed it and signed off that the information is accurate."}
{"_id": "288632", "title": "", "text": "\"In that example, \"\"creating money\"\" could be used interchangeably with \"\"making promises\"\".  There's no inflation, and no problem, so long as everyone keeps their promises. Which sounds like a horrifying thing to say about the foundations of the economy, but the remarkable thing is that people mostly do.\""}
{"_id": "288633", "title": "", "text": "\"The basic equation taught in day one of accounting school is that Assets = Liabilities + Equity. My first point was that I looked at the actual financial statements published as of the end of the 2nd quarter 2017, and the total liabilities on their audited balance sheet were like $13 billion, not $20b. I don't know where the author got their numbers from.  My second point: Debt usually needs to be paid on prearranged terms agreed upon by the debtor and the debtee, including interest, so it is important for a business to keep track of what they owe and to whom, so they can make timely payments. As long as they have the cash on hand to make payments plus whatever interest they owe, and the owners are happy with the total return on their investment, then it doesn't really matter how debt they have on the balance sheet.  Remember the equation A=L+E. There are precisely two ways to finance a business that wants to acquire assets: liabilities and/or equity. The \"\"appropriate\"\" level of debt vs equity on a balance sheet varies wildly, and totally depends on the industry, size of the business, cash flow, personal preferences of the CEO, CFO, shareholders et al, etc.    It gets way more detailed and complicated than that obviously, but the point is that looking at debt alone is a meaningless metric. This is corporate finance and accounting 101, so you can probably find tons of great articles and videos if you want to learn more.\""}
{"_id": "288634", "title": "", "text": "I don't know about this particular person, however I have an example about my friend. Born in a very rich family he went to Harvard and the worked 2 years for Goldman. Now, I should mention, he is a rather bright fellow, and a great human being as well, but when asked about his studies and work experience in Goldman he described it as not very challenging."}
{"_id": "288644", "title": "", "text": "LoL, maybe they should focus on the crappy food.  Subway is getting killed on taste and value by all the Shawarma joints where we live.  For $6 i can get a shawarma packed with actual chicken and veggies that aren't processed to oblivion."}
{"_id": "288651", "title": "", "text": "&gt; Children from low-income families have only a 1 percent chance of reaching the top 5 percent of the income distribution, versus children of the rich who have about a 22 percent chance.  * Most rich parents have children who become rich people.   * Therefore: Most rich people are the children of rich parents.   Is guilty of the same logical fallacy as:  * Most rapists are males.   * Therefore: Most males are rapists.   You're claiming the data suggest something that it does not. Stats don't lie, but people do."}
{"_id": "288656", "title": "", "text": "As for what you can do, deposit the ~$3000 in an interest bearing account, and collect the interest on their money.  When they finally ask for it back, you immediately pay them, but you keep the interest earned.  Now it's in your interest for them to take as long as possible to ask for repayment and you've done nothing wrong."}
{"_id": "288657", "title": "", "text": "I paid with my Visa credit card. Generally on credit cards, the holds / authorizations are valid for a month on single transactions. So if you haven't been charged on your card, it seems that there was some technical error with the online market place. They were not able to trace this. Is there an expiration date on these kind of online purchases? Should I expect the money to be withdrawn at any time? There are 2 different aspects, one is do you still owe them money and can they ask you; It would be yes, I don't know the timelines. This would depend on establishing a contract etc. They can contact you for unpaid invoice. Can they again charge the credit card automatically ... generally No."}
{"_id": "288663", "title": "", "text": "There is no single 'market interest rate'; there are myriad interest rates that vary by risk profile & term. Corporate bonds are (typically) riskier than bank deposits, and therefore pay a higher effective rate when the market for that bond is in equilibrium than a bank account does. If you are willing to accept a higher risk in order gain a higher return, you might choose bonds over bank deposits. If you want an even higher return and can accept even higher risk, you might turn to stocks over bonds. If you want still higher return and can bear the still higher risk, derivatives may be more appealing than stocks."}
{"_id": "288675", "title": "", "text": "I'm 50ish: still play video games and just recently started needed power naps.    Getting stuff done, automation and other work is really the only thing that provides satisfaction.  I volunteer to teach kids coding and help neighborhood kids with mechanical stuff.   Never was big on going out.    Taking a vacation to a white sandy beach would drive me nuts after about six hours.  My vacations seem to look a lot like work too :)"}
{"_id": "288679", "title": "", "text": "ETFs are both liquid (benefits active traders) and a simple way for people to invest in funds even if they don't have the minimum balance needed to invest in a mutual fund (EDIT: in which purchases are resolved at the end of the trading day). One big difference between ETFs and mutual funds is that you must buy ETFs in whole units, whereas you can add $100 to a mutual fund and the fund will determine -- usually to 4 decimal places -- how many shares you've purchased."}
{"_id": "288701", "title": "", "text": "Yes, there are times when co-signing is the right choice. One is when you know more about the person than the loan issuer does. Consider a young person who has just started working in a volatile field, the kind of job where you can be told on Friday that you only get one shift next week but things might pick up the week after, and who makes maybe $12 an hour in that job. You've done the math and with 40 hour weeks they can easily afford the loan. Furthermore, you know this person well and you know that after a few weeks of not enough shifts, they've got the gumption to go out and find a second job or a different job that will give them 40 hours or more a week. And you know that they have some savings they could use to ensure that no payments will be missed even on low-wage weeks. You can cosign for this person, say for a car loan to get them a car they can drive to that job, knowing that they aren't going to walk away and just stop making the payments. The loan issuer doesn't know any of that.  Or consider a young person with poor credit but good income who has recently decided to get smart about money, has written out a budget and a plan to rehabilitate their credit, and who you know will work passionately to make every payment and get the credit score up to a place where they can buy a house or whatever their goal is. Again, you can cosign for this person to make that happen, because you know something the lender doesn't. Or consider a middle aged person who's had some very hard knocks: laid off in a plant closing perhaps, marriage failure, lost all their house equity when the market collapsed, that sort of thing. They have a chance to start over again somewhere else and you have a chance to help. Again you know this isn't someone who is going to mismanage their money and walk away from the payments and leave you holding the bag. If you would give the person the money anyway (say, a car for your newly graduated child) then cosigning instead gives them more of a sense of accomplishment, since they paid for it, and gives them a great credit rating too. If you would not give the person the entire loan amount, but would make their payments for many months or even a year (say, your brother's mortgage for the house where he lives with a sick wife and 3 small children), then cosigning is only making official what you would have done anyway.  Arrange with the borrower that if they can't make their payments any more, you will backstop them AND the item (car, house, whatever) is going up for sale to cover your losses. If you don't think you could enforce that just from the strength of the relationship, reconsider co-signing. Then sign what you need to sign and step away from it. It's their loan, not yours. You want them to pay it and to manage it and to leave you out of it until it's all paid off and they thank you for your help. If things go south, you will have to pay, and it may take a while for you to sell the item or otherwise stop the paying, so you do need to be very confident that the borrower is going to make every single payment on time. My point is just that you can have that confidence, based on personal knowledge of character, employment situation, savings and other resources, in a way that a lender really cannot."}
{"_id": "288750", "title": "", "text": "\"As far as I agree to everyone saying that \"\"you should stop borrowing\"\" & etc, I see a lot of sense of getting balance transfer cards if you are actually paying it off. Considering a scenario, you have a CC with balance of $5000 on each at roughly ~24% interest which results in ~$1200 interest per year. Your minimum due is ~$110, where you are paying $100 / mo for only interest and ~$10 / mo to cover your balance. If minimum is all you can pay with your current cash flow - yes, pleease do a balance transfer. Assuming your transfer cost is 3% and 0% interest for 21 months ( as many CCs do now ) your cost will be $150, but paying off $110 / month for 21 months you will pay off roughly $2000 off your balance, instead of ~$210 if you were paying only your minimum due. After 21 months - you'll have a balance of ~$3000 ( instead of $4800 ) and then you can repeat. If your cash flow gets better - please make as many more / bigger payments any time you can to reduce the balance and you'll pay off sooner.\""}
{"_id": "288756", "title": "", "text": "He owns the majoirty of berkshire hathaway which owns a lot of big companies outright as well as fractions of other big public companies. For example, his holding company berkshire hathaway which lets say he owns 50% of, owns 10% of coca cola. This means that every can or bottle of coke sold, berkshire hathaway gets 10% of the profit so say .01 per can. Thats a lot given the millions of cans sold. Since he owns 50% of berkshire hathaway that means he is getting half a penny of every can of coke sold.   Do this with all of his companies and investment holdings and you get to billions of dollars."}
{"_id": "288781", "title": "", "text": "&gt;It will not do anything except make insurance companies really happy and create a race to the bottom, where we get the worst policies offered by encouragin insurers to go to the states with the least restrictions.  Competition is not a race to the bottom. If people can attain better deals by crossing state lines, then that will drive insurance companies to decrease costs while increasing quality of service.  &gt;In fact, there is no evidence insurers even want to do this.  Which should tell you that it is a good idea."}
{"_id": "288823", "title": "", "text": "It used to be much more common, particularly for sub-prime loans. If you do run into someone offering a loan with a prepayment penalty, you should certainly consider other options."}
{"_id": "288848", "title": "", "text": "\"From what I have read from O'Neil to Van Tharp, etc, etc, no one can pick winners more than 75% of the time regardless of the system they use and most traders consider themselves successful if 60% of the trades are winners and 40% are losers.  So I am on the side that the chart is only a reflection of the past and cannot tell you reliably what will happen in the future. It is difficult to realize this but here is a simple way for you to realize it. If you look at a daily chart and let's say it is 9:30 am at the open and you ask a person to look at the technical indicators, look at the fundamentals and decide the direction of the market by drawing the graph, just for the next hour. He will realize in just a few seconds that he will say to him or her self \"\"How on earth do you expect me to be able to do that?\"\"  He will realize very quickly that it is impossible to tell the direction of the market and he realizes it would be foolhardy to even try. Because Mickey Mantle hit over 250 every year of his career for the first 15 years it would be a prudent bet to bet that he could do it again over the span of a season, but you would be a fool to try to  guess if the next pitch would be a ball or a strike. You would be correct about 50% of the time and wrong about 50% of the time. You can rely on LARGER PATTERNS OF BEHAVIOR OVER YEARS, but short hourly or even minute by minute prediction is foolish. That is why to be a trader you have to keep on trading and if you keep on trading and cut your losses to 1/2 of your wins you will eventually have a wonderful profit.  But you have to limit your risk on any one trade to 1% of your portfolio.  In that way you will be able to trade at least 100 times.  do the math.  trade a hundred times.  lose 5% and the next bet gain 10%.  Keep on doing it. You will have losses sometimes of 3 or 4 in a row and also wins sometimes of 3 or 4 in a row but overall if you keep on trading even the best traders are generally only \"\"right\"\" 60% of the time.  So lets do the math. If you took 100 dollars and make 100 trades and the first trade you made 10% and reinvested the total and the second trade you lost 5% of that and continue that win/loss sequence for 100 trades you would have 1284 dollars minus commissions. That is a 1200% return in one hundred trades.  If you do it in a roth IRA you pay no taxes on the short term gains.  It is not difficult to realize that the stock market DOES TREND. And the easiest way to make 10% quickly is to in general trade 3x leveraged funds or stocks that have at least 3 beta from the general index.  Take any trend up and count the number of days the stock is up and it is usually 66-75% and take any down trend and it is down 66-75% of the days.  So if you bet on the the beginning of a day when the stock was up and if you buy the next day about 66-75% of the time the stock will also be up. So the idea is to realize that 1/3 of the time at least you will cut your losses but 2/3 of the time you will be up then next day as well.  So keep holding the position based on the low of the previous day and as the stock rises to your trend line then tighten the stock to the low of the same day or just take your profit and buy something else.  But losing 1/3 times is just part of \"\"the unpredictable\"\" nature of the stock market which is causes simply because there are three types of traders all betting at the same time on the same stock.  Day traders who are trading from 1 to 10 times a day, swing traders trading from 1 day to several weeks and buy and hold investors holding out for long term capital gains. They each have different price targets and time horizons and THAT DIFFERENCE is what makes the market move.  ONE PERSON'S SHORT TERM EXIT PRICE AT A PROFIT IS ANOTHER PERSONS LONG TERM ENTRY POINT and because so many are playing at the same time with different time horizons, stop losses and exit targets it is impossible to draw the price action or volume.  But it is possible to cut your losses and ride your winners and if you keep on doing that you have a very fine return indeed.\""}
{"_id": "288851", "title": "", "text": "Some other store will pop up that isn't a corporate slave wage shop with local employees that actually know how computers and electronics work.  Hell some of might have commission, it's crazy how much more actually helpful an employee is when commission is involved in a store where people can easily spend thousands..."}
{"_id": "288860", "title": "", "text": "Something like cost = a \u00d7 avg_spreadb + c \u00d7 volatilityd \u00d7 (order_size/avg_volume)e. Different brokers have different formulas, and different trading patterns will have different coefficients."}
{"_id": "288904", "title": "", "text": "Would you lend RadioShack money through the holidays? No, because the decline in revenue means there are no customers shopping in the stores and the cash flow will be insufficient to pay for the inventory. This is going to play out the same way it did for Linens 'n Things, Borders, and Circuit City."}
{"_id": "288907", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Please let me know what you think. I am starting a travel-inspired business and I am starting with this. Any input will be appreciated.](https://www.reddit.com/r/talkbusiness/comments/79u1ew/please_let_me_know_what_you_think_i_am_starting_a/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "288922", "title": "", "text": "I don't understand the hubbub about qwikster. Netflix wants to move in the direction of streaming only and they should. I don't even have a dvd player hooked up to my tv anymore. If you want dvd's you will still get them in basically the same fashion except the name will be different. What's the big deal?"}
{"_id": "288926", "title": "", "text": "But it's the fact the company calls it a material concern, and hasn't disclosed material information to investors that puts this into a potential SEC issue.  So yes, author hangs a lot on that line, but that line is what makes it most interesting to investors."}
{"_id": "288936", "title": "", "text": "That's because the wealthy are paid for every engine stroke, and they know the car is almost out of fuel, and is heading for a cliff.  So they are making plans to bail while collecting as many resources from the car's operation before it's inevitable crash."}
{"_id": "288937", "title": "", "text": "&gt;According to research by the economists Ross Levine and Yona Rubinstein, people who become entrepreneurs are not only apt to have had high self-esteem while growing up (and to have been white, male and financially secure)  Well no crap. Mom and pops is about the main determinate.   &gt;Entrepreneurs are well off before http://qz.com/455109/entrepreneurs-dont-have-a-special-gene-for-risk-they-come-from-families-with-money/  http://www.businessnewsdaily.com/3088-american-dream-wealthy-parents.html"}
{"_id": "288949", "title": "", "text": "Most likely, this will not work they way you think. First things first, to get a loan, the bank needs to accept your collateral. Note that this is not directly related to the question what you plan to do with the loan. Example: you have a portfolio of stocks and bonds worth USD 2 million. The bank decides to give you a loan of USD 1 million against that collateral. The bank doesn't care if you will use the loan to invest in foreign RE or use it up in a casino, it has your collateral as safety. So, from the way you describe it, I take it you don't have the necessary local collateral but you wish to use your foreign investments as such. In this case it really doesn't matter where you live or where you incorporate a company, the bank will only give you the loan if it accepts the foreign collateral. From professional experience with this exact question I can tell you, there are very few banks that will lend against foreign property. And there are even less banks, if any, that will lend against foreign projects. To sum it up: Just forget banks. You might find a private lender to help you out but it will cost you dearly. The best option you have is to find a strategic partner who can cough up the money you need but since he is taking the bigger risk, he will also take the bigger profit share."}
{"_id": "288960", "title": "", "text": "Are you tensed at the idea of packing and moving in the city of Los Angeles? No more worries now. Our moving company, FlatRateMoversLA offers Moving services Los Angeles at the most competitive prices. As we charge based on the entire work, you can save lot of money."}
{"_id": "288961", "title": "", "text": "A company like M. Davis &amp; Sons should be your best option. Even with other service provisions like rigging, steel fabrication in NJ and industrial maintenance, you can have a better package since they have skilled and seasoned inspectors and technicians."}
{"_id": "288968", "title": "", "text": "In the same way that you are taxed on the actual amount of money you convert from the Traditional IRA to the Roth IRA -- rather than on the amount of money that you initially contributed to your 401(k) or on the amount of money that you rolled over to your Traditional IRA -- that converted amount becomes the contributions to your Roth. So (3) is the correct answer. It doesn't matter how you accumulated the money in the first place; as long as the IRS has had the opportunity to dig their claws into it, it counts as a contribution to your Roth."}
{"_id": "288977", "title": "", "text": "Depending on your broker, you can buy these stocks directly at the most liquid local exchanges. For instance, if you are US resident and want to to buy German stocks (like RWE) you can trade these stocks over InteractiveBrokers (or other direct brokers in the US). They offer direct access to German Xetra and other local markets."}
{"_id": "288980", "title": "", "text": "If you encounter  the problem often then you can hire the Mold Remediation Fort Lauderdale services as they will check thoroughly with the mold and the affected area. Using the bleach water solution is the best method as they will wash away with the harmful bacteria present I them."}
{"_id": "288993", "title": "", "text": "To build a US credit record, you need a Social Security Number (SSN), which is now not available for most non-residents.   An alternative is an ITIN number, which is now available to non-residents only if they have US income giving a reason to file a US tax return (do you really want to get into all that...). Assuming you did have a reason to get a ITIN (one reason would be if you sold some ebooks via Amazon US, and need a withholding refund under the tax treaty), then recent reports on Flyertalk give mixed results on whether it's possible to get a credit card with an ITIN, and whether that would build a credit record.  It does sound possible in some cases.   A credit record in any other country would not help.  You would certainly need a US address, and banks are increasingly asking for a physical address, rather than just a mailbox. Regardless, building this history would be of limited benefit to you if you later became a US resident, at that point you would be eligible for a new SSN (different from the ITIN) and have to largely start again. If getting a card is the aim, rather than the credit record, you may find some banks that will offer a secured card (or a debit card), to non-residents, especially in areas with lots of Canadian visitors (border, Florida, Arizona).  You'd find it a lot easier with a US address though, and you'd need to shop around a lot of banks in person until you find one with the right rules.  Most will simply avoid anyone without an SSN."}
{"_id": "288995", "title": "", "text": "\"&gt; For instance, one of his sage-like pieces of advice is to put a clause in your contract saying \"\"subject to the approval of all business partners\"\". Then if you feel like backing out, you claim that your cat is your business partner and he didn't like the deal. I am not making this up.   I'm no contract lawyer, but shouldn't the signature on the contract mean a binding approval of its terms for the signer and everyone they implicitly represent?  I mean, otherwise, what power does the signature hold for the other party, if the signee can just claim later that their unspecified business partner doesn't like your face?\""}
{"_id": "288997", "title": "", "text": "\"There is no free lunch. \"\"Free\"\" can cost you a small fortune over time.  If you wish to sit through a free pitch you may as well go to a time share seminar. Just keep your hands in your pocket and don't sign anything.  In the end, you will be best served spending the time it will take to learn to manage your own money. Short term, spend a few hundred dollars and find a fee only planner who will give you general advice.  My disdain for the \"\"bank guy\"\" goes back to an overheard conversation. An older woman, in her 70s was asking about investing in T-bills vs the bank CD. T-bills were a bit higher yield at the time. The banker stated that the CD was FDIC insured,but T-bills were not. This was decades ago, but I remember it as if it were yesterday.\""}
{"_id": "288999", "title": "", "text": "In some jurisdictions you can donate the development rights. You and the family still own it, but nothing can ever be built on it. In some cases you will still be able to build a cabin or similar structure on a few acres, but the bulk has to be left natural.  The advantage is that by giving away the logging or other development rights the land loses much of its value, thus reducing the tax value of the land. There are some hoops that you need to jump through, but this is not an unusual transaction. Another choice it to see if the land touches any similar conservation areas. It can be possible to donate the land to the government or other conservation group, but it would revert to the family if they ever tried to sell or develop the land. Because you don't own it you would not have to pay taxes, but hikers, canoeists and campers could still use it. By donating the land to the same organization a your neighbors it can streamline the paperwork for people who want to through hike."}
{"_id": "289001", "title": "", "text": "[Here.](https://projects.propublica.org/bailout/) I'm pretty sick of the crying about the bailout. My libertarian friends just don't seem to grasp how much worse things would have been if we let them fail. No one seems to recall their history courses on the great depression, a bank run would probably have brought us to or knees for decades along with complete lack of trust that would have been instilled in an entire generation. Yes, the banks should have been punished, but that's a separate issue in my mind. They also should be held to higher capital requirements to ensure their ability to weather these rare events. But we need regulation BECAUSE we cannot allow them to fail and we need LARGE fines or heavy-handed indictments to enforce them rather than a slap on the wrist."}
{"_id": "289002", "title": "", "text": "I won't answer in a detailed manner because most people at this site like answers with certain bias' on these questions, like pool resources always relative to which partner is asking.  If you follow the above advice, you are hoping things work out.  Great!  What if they don't?  It will be very messy.  Unlike most of my peers, I did NOT follow the above advice and had a very clean exit with both of us feeling very good (and no lawyers got involved either; win-win for both of us with all the money we saved). One assumption people make is the person with the lowest income has the strictest limits.  This is not always true; I grew up in poverty, but have a very high income and detest financial waste.  I can live on about \u20ac12,000 a year and even though my partner made a little less, my partner liked to spend.   Counter intuitive, right?  I was supposed to be the spender because I had a large income, but I wasn't.  Also, think about an example with food - sharing expenses.  Is it fair for one partner to split whey protein if one partner consumes it, but the other doesn't (answer: in my view, no)? My advice based on your questions: Balance the frugal vs. spendthrift mentality rather than income ratios.  If you're both frugal, then focus on income ratios - but one may be more frugal than the other and the thought of spending \u20ac300 a month on housing is just insane to a person like me, whereas to most it's too little.  Are you both exactly the same with this mentality - and be honest? Common costs that you both agree on can be easily split 50-50 and you can often benefit from economies of scale (like internet, cell phone). Both of us feel very strongly about being financially independent and if possible we both don't want to take money from each other. This is so healthy for a relationship.  My partner and I split and we both still really love each other.  We're headed in different directions, but we did not want to end bitterly.  What you wrote is part of why we ended so well; we both were very independent financially.   Kids are going to be a challenge because they come with expenses that partners don't always agree on.  What do you and her think of childcare, for instance?  You really want to know all this upfront; again a frugal vs. spendthrift mindset could cause some big tensions."}
{"_id": "289010", "title": "", "text": "Plain and simple, go into business.  I was in the exact same boat as you 5 years ago. Was going to school to become a Pharmacist while working in a Dominick's pharmacy as a tech. Absolutely hated it and did not see myself standing behind that counter for the rest of my life. Not to mention that a pharmacists job will be one of the firsts in the medical field to be automated.   Left pharmacy school to start my business degree. Got a couple of sales jobs for the experience while completing my bachelors. Now I'm working in Chicago as a commercial real estate broker. The plan is to work in this for the foreseeable future, and then parlay this career into my own business ventures and real estate investing and build from there!"}
{"_id": "289045", "title": "", "text": "I assume you're talking about a sell order, not a buy order. When you place a limit sell order, your order is guaranteed to be placed at that price or higher.  If the market is currently trading much higher than the price of your sell order, then your mistakenly low limit order will be essentially a market order, and will be filled at  the current bid price. So the only way this is a problem is if you want to place a limit sell that is much higher than the current market, but mistakenly place a limit lower than the current market."}
{"_id": "289064", "title": "", "text": "\"If you are the sole owner (or just you and your spouse) and expect to be that way for a few years, consider the benefits of an individual 401(k). The contribution limits are higher than an IRA, and there are usually no fees involved. You can google \"\"Individual 401k\"\" and any of the major investment firms (Fidelity, Schwab, etc) will set one up free of charge. This option gives you a lot of freedom to decide how much money to put away without any plan management fees. The IRS site has all the details in an article titled One-Participant 401(k) Plans. Once you have employees, if you want to set up a retirement plan for them, you'll need to switch to a traditional, employer-sponsored 401k, which will involve some fees on your part. I seem to recall $2k/yr in fees when I had a sponsored 401(k) for my company, and I'm sure this varies widely.  If you have employees and don't feel a need to have a company-wide retirement plan, you can set up your own personal IRA and simply not offer a company plan to your employees. The IRA contribution limits are lower than an individual 401(k), but setting it up is easy and fee-free. So basically, if you want to spend $0 on plan management fees, get an individual 401(k) if you are self-employed, or an IRA for yourself if you have employees.\""}
{"_id": "289066", "title": "", "text": "(1) Not literally every person...this screams that you don't know what you are talking about. There is literally no one on my team that puts it behind their name nor any of my friends from my MBA program.  (2) They aren't as I just proved to you in 3 minutes  (3) Your advice is complete and utter shit.   (4) As I have already articulated:   (A) undergrads know shit, those that have zero experience and an MBA know less than shit.  (B) Learning advanced concepts without knowing anything about the real world won't help him, he won't be able to apply anything he has learned.   (C) He loses any opportunity to reset his career or recruit into a high level position based on some asshole's advice on the internet.   (D) He will command a higher wage exiting MBA with work experience instead of likely taking more debt that he needs to.   (E) he gets to deal with hiring managers like me that will grill him on why he thought it was a good idea to do his MBA directly after undergrad with no work experience.   I might sound like a dick - but I'm not the one handing out shitty advice that highlights how inexperienced you are."}
{"_id": "289073", "title": "", "text": "\"Buying (or selling) a futures contract means that you are entering into a contractual agreement to buy (or sell) the contracted commodity or financial instrument in the contracted amount (the contract size) at the price you have bought (or sold) the contract on the contract expire date (maturity date).  It is important to understand that futures contracts are tradeable instruments, meaning that you are free to sell (or buy back) your contract at any time before the expiry date. For example, if you buy 1 \"\"lot\"\" (1 contract) of a gold future on the Comex exchange for the contract month of December 2016, then you entering into a contract to buy 100 ounces (the contract size) of gold at the price at which you buy the contract - not the spot price on the day of expiry when the contract comes to maturity.  The December 2016 gold futures contract has an expiry date of 28 December.  You are free to trade this contract at any time before its expiry by selling it back to another market participant.  If you sell the contract at a price higher than you have purchased it, then you will realise a profit of 100 times the difference between the price you bought the contract and the price you sold the contract, where 100 is the contract size of the gold contract.  Similarly, if you sell the contract at a price lower than the price you have purchased it, then you will realise a loss. (Commissions paid will also effect your net profit or loss). If you hold your contract until the expiry date and exercise your contract by taking (or making) delivery, then you are obliged to buy (or sell) 100 ounces of gold at the price at which you bought (or sold) the contract - not the current spot price. So long as your contract is \"\"open\"\" (i.e., prior to the expiry date and so long as you own the contract) you are required to make a \"\"good faith deposit\"\" to show that you intend to honour your contractual obligations.  This deposit is usually called \"\"initial margin\"\".  Typically, the initial margin amount will be about 2% of the total contract value for the gold contract.  So if you buy (or sell) one contract for 100 ounces of gold at, say, $1275 an ounce, then the total contract value will be $127,500 and your deposit requirement would be about $2,500.  The initial margin is returned to you when you sell (or buy) back your futures contract, or when you exercise your contract on expiry. In addition to initial margin, you will be required to maintain a second type of margin called \"\"variation margin\"\".  The variation margin is the running profit or loss you are showing on your open contract. For the sake of simplicity, lets look only at the case where you have purchased a futures contract.  If the futures price is higher than your contract (buy) price, then you are showing a profit on your current position and this profit (the variation margin) will be used to offset your initial margin requirement. Conversely, if the futures price has dropped below your contracted (buy) price, then you will be showing a loss on your open position and this loss (the variation margin) will be added to your initial margin and you will be called to put up more money in order to show good faith that you intend to honour your obligations.  Note that neither the initial margin nor the variation margin are accounting items.  In other words, these are not postings that are debited or credited to the ledger in your trading account.  So in some sense \"\"you don't have to pay anything upfront\"\", but you do need to put up a refundable deposit to show good faith.\""}
{"_id": "289082", "title": "", "text": "Its all about speculation. Like stocks, real estate fluctuates and is sometimes volatile. Educate yourself on the house you are buying and the area it is in. I wouldn't spend over 20% of current net worth on a house. Its all a gamble. And you have to think realistically whether or not you can AFFORD losing all the value of it."}
{"_id": "289083", "title": "", "text": "Well, once you get a distillation column going, you'll find that the results of refining is quite a bit more than just [gasoline](http://www.globalization101.org/uploads/Image/Energy/picture-refinery.jpg). Even then, the octane level of the gasoline you produce will probably be too low without some additives."}
{"_id": "289116", "title": "", "text": "\"When I was in the industry and before I got in I watched The Kudlow Report on CNBC at 7.   Coverage was fairly well rounded so you had some highly technical segments going on too to balance out things like politics. They also had awesome guests like people from the Treasury and FED and my favorite, Robert Shiller, was on pretty often.  When I was in college nobody I knew watched it. Then I interned at one of the Big 4 for a top notch advisor and said \"\"You bet I do!\"\" Upon asking him.  This was all 6 years ago so...\""}
{"_id": "289120", "title": "", "text": "\"I held shares in BIND Therapeutics, a small biotechnology company on the NASDAQ that was liquidated on the chapter 11 auction block in 2016. There were sufficient proceeds to pay the debts and return some cash to shareholders, with payments in 2016 and 2017. (Some payments have yet to occur.) The whole process is counter-intuitive and full of landmines, both for tax preparation & planning and receiving payments: Landmine 0: Some shareholders will sell in a panic as soon as the chapter 11 is announced.  This would have been a huge mistake in the case of BIND, because the eventual liquidation payments were worth 3 or so times as much as the share price after chapter 11.  The amount of the liquidation payments wasn't immediately calculable, because the company's intellectual property had to be auctioned. Landmine 1: The large brokerages (Vanguard, Fidelity, TDA, and others) mischaracterized the distributions to shareholders on form 1099, distributed to both shareholders and the IRS. The bankruptcy trustee considered this to be their responsibility. According to the tax code and to the IRS website, the liquidation is taxed like a sale of stock, rather than a dividend. \"\"On the shareholder level, a complete liquidation can be thought of as a sale of all outstanding corporate stock held by the shareholders in exchange for all of the assets in that corporation. Like any sale of stock, the shareholder receives capital gain treatment on the difference between the amount received by the shareholder in the distribution and the cost or other basis of the stock.\"\" Mischaracterizing the distributions as dividends makes them wrongly ineligible to be wiped out by the enormous capital loss on the stock.  Vanguard's error appeared on my own 1099, and the others were mentioned in an investor discussion on stocktwits.  However, Geoffrey L Berman, the bankruptcy trustee stated on twitter that while the payments are NOT dividends, the 1099s were the brokers' responsibility. Landmine 2: Many shareholders will wrongly attempt to claim the capital loss for tax year 2016, or they may have failed to understand the law in time for proper tax planning for tax year 2016. It does not matter that the company's BINDQ shares were cancelled in 2016.  According to the IRS website \"\"When a shareholder receives a series of distributions in liquidation, gain is recognized once all of the shareholder's stock basis is recovered. A loss, however, will not be recognized until the final distribution is received.\"\" In particular, shareholders who receive the 2017 payment will not be able to take a capital loss for tax year 2016 because the liquidation wasn't complete.  Late discovery of this timing issue no doubt resulted in an end-of-year underestimation of 2016 overall capital gains for many, causing a failure to preemptively realize available capital losses elsewhere. I'm not going to carefully consider the following issues, which may or may not have some effect on the timing of the capital loss: Landmine 3: Surprisingly, it appears that some shareholders who sold their shares in 2016 still may not claim the capital loss for tax year 2016, because they will receive a liquidation distribution in 2017. Taken at face value, the IRS website's statement \"\"A loss, however, will not be recognized until the final distribution is received\"\" appears to apply to shareholders of record of August 30, 2016, who receive the payouts, even if they sold the shares after the record date.  However, to know for sure it might be worth carefully parsing the relevant tax code and treasury regs. Landmine 4: Some shareholders are completely cut out of the bankruptcy distribution. The bankruptcy plan only provides distributions for shareholders of record Aug 30, 2016.  Those who bought shares of BINDQ afterwards are out of luck. Landmine 5: According to the discussion on stocktwits, many shareholders have yet to receive or even learn of the existence of a form [more secure link showing brokers served here] required to accept 2017 payments.  To add to confusion there is apparently ongoing legal wrangling over whether the trustee is able to require this form. Worse, shareholders report difficulty getting brokers' required cooperation in submitting this form. Landmine 6: Hopefully there are no more landmines. Boom. DISCLAIMER: I am not a tax professional. Consult the tax code/treasury regulations/IRS publications when preparing your taxes.  They are more trustworthy than accountants, or at least more trustworthy than good ones.\""}
{"_id": "289151", "title": "", "text": "No, the more conservative approach is to use the market value of debt (at least assuming its trading at a discount). A company wouldn't necessarily have to come to an agreement with creditors, they would just default on their obligations. In which case the company may file for bankruptcy protection, which allows for a variety of scenarios to play out (both consensual and not).   As for when debt trades at a premium, we're talking about two different factors that effect bond prices. Credit risk and interest rate risk. But yes, a company does have a higher financial obligation if interest rates decline. They're stuck paying 8% in an environment where they could refinance for 6%. If they refinance, then creditors more than likely aren't going to take less than par. If they don't refinance, then they have the opportunity cost of essentially overpaying on their cost of debt."}
{"_id": "289175", "title": "", "text": "If it gets bad enough that banks start failing, you probably will have a hard time accessing overseas accounts.  That's real SHTF stuff.  If so, lighters and toilet paper are probably the best investment you can make besides canned and dried food. Update:   Complete breakdown of society is far more likely than the paranoid fantasy of Trump establishing an authoritarian government.  The general population would rise up and you would find the civil unrest portion to be important. As for lighters and toilet paper, think about it for a minute.  If you've got a case of food in cans but no way to heat them, would you trade a can for a lighter?  Two cans?  And toilet paper would be worth its weight in gold after about 2 months. If you really want to be a prepper, seeds, medicine, are all good things, but the really important thing to have is skills.  Know how to hunt, clean an animal, tend a garden, clean and dress a wound. Having gold and diamonds would be a decent hedge for a fraction of your investments."}
{"_id": "289177", "title": "", "text": "\"Some reasons I take low-interest loans are: Leverage. If the loan's rate is low enough, then I can invest the cash in something fairly low-risk, and make more money than I pay in interest. The interest rate has to be pretty low, say below 4% or so. My auto loan is low enough and my home loan is low enough if you count the tax deduction. Obviously you have to invest in something riskier than cash here, though. And consider taxes, which lower the rate you're paying on a home loan, but also lower the returns you're getting on any bonds you invest in. Liquidity and flexibility. If I have N thousands in cash instead of tied up in my house, then I could use that money to survive many months of unemployment for example, or handle any other emergency. But if you become unemployed or have some other emergency, it will be too late to get a home loan. Credit rating. It's good to use some credit, just so you can get more if you need it. But this isn't a reason to take a particular loan, just a reason to have some kind of credit card or loan. Budgeting. When budgeting, it's best to think of expenses such as cars and houses in terms of a monthly cost, so you can see how they nudge out or allow other spending. (When negotiating with a car dealer, of course, use total cost so you don't get screwed by him messing with interest rates.) I wouldn't take a loan just to ease the budgeting (you can always manually \"\"amortize\"\") but it's a nice side effect. For credit cards, there are more buyer protections and you get a nice transaction log (again useful in budgeting). Also you don't have to carry around cash, or worry about your checking account balance. So credit cards are just convenient. But even though my card has a very low rate, it isn't low enough that I want to keep a balance month-to-month, so I don't use credit cards to actually borrow money.\""}
{"_id": "289178", "title": "", "text": "As a personal advice, its best avoided to take a loan for a vacation. Having said that it would also depend on the amount of loan that one is planning to take and the duration for repaying the loan and the rate of interest.   One has to also consider if you borrow; when you are paying the loan back, is that money comming out of something else that was budgeted. Say paying this loan means that you can't save enough for the downpayment for your house you plan to buy next year or will mean less contributions to retirement savings. If so then its definately advisable to forego the vacation travel. You can still take the holiday and enjoy at home doing something else that of meaning."}
{"_id": "289187", "title": "", "text": "\"&gt;walmart hires them because they have a low marginal utility undeserving of a higher wage.  No, the job they do at Wal-Mart has a low marginal utility.  Human beings don't have one innate \"\"marginal utility\"\" statistic on a cosmic character sheet, you know.\""}
{"_id": "289193", "title": "", "text": "Listening to him speak he does give off the impression that he has a good deal of business sense. Whether or not that translates into how he manages his personal finances though, I've got no idea.   It's possible to spend lavishly but responsibly. That definitely doesn't appear to be Floyd's style, but time will tell with Conor."}
{"_id": "289231", "title": "", "text": "The short answer is, with limited credit, your best bet might be an FHA loan for first time buyers.  They only require 3.5% down (if I recall the number right), and you can qualify for their loan programs with a credit score as low as 580. The problem is that even if you were to add new credit lines (such as signing up for new credit cards, etc.), they still take time to have a positive effect on your credit.  First, your score takes a bit of a hit with each new hard inquiry by a prospective creditor, then your score will dip slightly when a new credit account is first added. While your credit score will improve somewhat within a few months of adding new credit and you begin to show payment history on those accounts, your average age of accounts needs to be two years or older for the best effect, assuming you're making all of the payments on time. A good happy medium is to have between 7 and 10 credit lines on your credit history, and to make sure it's a mix of account types, such as store cards, installment loans, and credit cards, to show that you can handle various types of credit. Be careful not to add TOO much credit, because it affects your debt-to-income ratio, and that will have a negative effect on your ability to obtain mortgage financing. I really suggest that you look at some of the sites which offer free credit scores, because some of them provide great advice and tips on how to achieve what you're trying to do.  They also offer credit score simulators, which can help you understand how your score might change if, for instance, you add new credit cards, pay off existing cards, or take on installment loans.  It's well worth checking out. I hope this helps.  Good luck!"}
{"_id": "289239", "title": "", "text": "Personally I could care less about what people think about my choices. If you feel that you are forced to do it then you are probably not making that choice out of your own desire. I eat vegan but I still ride Uber. I do not care about external pressure and neither should anyone else. Does not sound healthy or sane at all."}
{"_id": "289262", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.businessinsider.com/gig-economy-milton-friedman-full-employment-wage-growth-2017-8) reduced by 89%. (I'm a bot) ***** &gt; In 1967, Milton Friedman argued that low unemployment spurred wage rises, wages rises in turn spurred inflation, and inflation then spurred further wage rises.  &gt; He made a crucial claim, new at the time, which today is taken for granted: That low unemployment spurs wage rises, those wages rises in turn spur inflation, and that inflation then spurs further wage rises down the line, for as long as the rate of inflation continues to grow.  &gt; As The Economist lamented this week, Friedman&amp;#039;s explanation fails to explain current wage conditions: low inflation, low unemployment, and non-existent wage increases.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x0anp/gig_economy_has_destroyed_milton_friedmans/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201275 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **inflation**^#2 **Friedman**^#3 **work**^#4 **rise**^#5\""}
{"_id": "289270", "title": "", "text": "I am a believer in that theory. My opinion is that over the long term, we can expect 25% of income to reflect the payment on one's mortgage, and if you drew a line over time reflecting the mortgage this represents plus the downpayment, you'd be very close to a median home price. The bubble that occurred was real, but not as dramatic as Schiller's chart implies. $1000 will support a $124K 30yr mortgage, but $209K at 4%. This is with no hype, and exact same supply/demand pressures.  The market cap of all US companies adds to about $18T. The total wealth in the US, about $60T. Of course US stocks aren't just held by US citizens, it's a big world.  Let me suggest two things - the world is poor in comparison to much of the US. A $100,000 net worth puts you in the top 8% in the world. The implication of this is that as the poorer 90% work their way up from poverty, money will seek investments, and there's room for growth.  Even if you looked at a closed system, the US only, the limit, absent bubbles, would be one that would have to put a cap on productivity. In today's dollars we produce more than we did years ago, and less than we will in the future. We invent new things faster than the old ones are obsoleted. So any prognostication that our $18T market can grow to say, $30T, does not need to discuss P/Es or bubbles, but rather the creation of new products and businesses that will increase the total market.  To summarize -  Population growth (not really discussed), Productivity, and long term reduced Poverty will all keep that boundary to be a growing number.  That said, this question may be economic, and not PF, in which case my analysis is bound for the Off-Topic barrel. Fascinating question."}
{"_id": "289280", "title": "", "text": "Whoever pays the most, gets the produce. The longer it sits, starts going bad, the lower the value goes. For walmart to sell at their prices, they need to buy as cheap as possible.   Most big juice companies don't have their own farms, they buy for the lowest price to make a profit, they actually just buy the fruit as its less of a risk. The one's they buy definitely do not look like whats on the juice box. If you dig into it, there is more info on the internet that shows these kinds of things. The food industry is quiet bad."}
{"_id": "289291", "title": "", "text": "\"The name of the Gilt states the redemption date, but not the original issue date. A gilt with 8.75% yield and close to its redemption date may have been issued at a time when interest rates were indeed close to 8.75%. For example in the early 1990s, the UK inflation rate was about 8%. One reason for preferring high or low coupon gilts is the trade off between capital gains and income, and the different taxation rules for each. If you buy a gilt and hold it to its maturity date, you know in advance the exact price that it will be redeemed for (i.e. \u00a3100). You may prefer to take a high level of income now, knowing you will make a capital loss in future (which might offset some other predictable capital gain for tax purposes) or you may prefer not to take income that you don't need right now, and instead get a guaranteed capital gain in future (for example, when you plan to retire from work). Also, you can use the change in the market value of gilts as a gamble or a hedge against your expectation of interest rate changes in future, with the \"\"government guaranteed\"\" fallback position that if your predictions are wrong, you know exactly what return you will get if you hold the gilts to maturity. The same idea applies to other bond investments - but without the government guarantee, of course.\""}
{"_id": "289298", "title": "", "text": "Where we\u2019re going, we don\u2019t need profits Twitter Facebook LinkedIn Print this page 15 SEPTEMBER 19, 2017 By: Alexandra Scaggs Simply put, earnings no longer reliably reflect changes in corporate value and are thus an inadequate driver of investment analysis. \u2013 Profs Feng Gu and Baruch Lev, in a paper for the CFA Institute\u2019s Financial Analysts Journal Well then!  This idea challenges the very heart of traditional equity-market investment analysis. The authors point out that legendary stock-picker Benjamin Graham spent hundreds of pages of his 1962 book on analysing and predicting earnings and other quarterly metrics. Earnings prediction is still central to most sell-side analysis as well.  But if profits, EBITDA or sales were truly central for corporate valuation, wouldn\u2019t markets punish regular loss-makers like Tesla and Amazon more severely? And wouldn\u2019t there be a stronger return to predicting profits?  The returns to such predictions have diminished over time, according to the authors of the paper, which might help explain the persistent underperformance by active fund managers. While the professors commit a minor chart crime below by starting the Y-axis at 1.5 per cent, it seems notable that potential gains were lower during the 2009 downturn than during the dot-com bust:  The 30-year pattern of the gains from the earnings growth investment strategy is depicted in Figure 2. Again, the deterioration of gains from perfect growth prediction is evident. Clearly, the problem lies with reported earnings, not in the way investors use them. Simply put, earnings no longer reliably reflect changes in corporate value and are thus an inadequate driver of investment analysis.  The decline in profits\u2019 importance can be explained by a fundamental change in the way companies create value, they say.  There are lots of names for the change: The information revolution, the rise of the knowledge economy, and so on. No matter what you call it, the idea is that modern production relies less on physical capital and more on intellectual capital.  Accounting and financial analysis methods have failed to adapt to this change, they say. For example, companies are required to expense R&amp;D and sales expenses immediately, while they can amortise expenses from capital investment and acquisitions (including intangibles) over time. They argue those rules penalise the important methods of modern value creation, since R&amp;D costs create lasting returns from new products and SG&amp;A expenses create lasting returns from new customers.  Of course, one person\u2019s \u201cinternally generated intangibles\u201d can be another\u2019s \u201coverpaid salesforce\u201d. But the difference in accounting treatment between those costs and acquired intangibles can make it difficult to compare within industries:  Thus, a company pursuing an innovation strategy based on acquisitions will appear more profitable and asset rich than a similar enterprise developing its innovations internally. Consequently, reported earnings, assets, and market multiples (P/E, book-to-market ratio) cannot be compared within industries, and earnings definitely do not reflect intrinsic value creation. And as far as we can tell, the professors aren\u2019t lobbying to start amortising all sales costs and executive compensation. Instead, they say we should stop looking at the consequences of corporate value creation \u2014 the quarterly reports \u2014 and start looking at its causes.  They suggest financial analysis based on strategic assets, which are (1) rare, (2) difficult to imitate and (3) generate net benefits, like growth in a customer base or sales.  There would be four steps to this type of analysis. From the paper, with our emphasis:  1. Taking inventory of strategic assets: Compiling a list of the major strategic assets of the enterprise; distinguishing between operating and dormant assets (e.g., patents under development or licensed out versus abandoned patents), active brands (enabling the charging of a premium product price) and brands in name only, or producing oil and gas properties and those under exploration versus inactive properties. Such inventory taking establishes the foundation\u2014active strategic assets\u2014of the company\u2019s competitive advantage. 2. Enhancing strategic assets: Without continued investment and replenishment, even highly productive assets will wither on the vine (recall Dell). You should ask, Is the spending on R&amp;D, technology purchases, customer acquisition, brand support, and employee training sufficient to maintain and grow the business? Cutting R&amp;D or employee training to \u201cmake the numbers\u201d clearly bodes ill for future growth. 3. Defending strategic assets: These assets are vulnerable to competition (from similar products), infringement, and technological disruption, raising the question of whether the company\u2019s assets are adequately protected by continuous innovation, patent defensive walls, and litigation. A continuous loss of market share clearly indicates a failure to protect assets. 4. Asset deployment and value creation: Are the strategic assets, along with other company resources, optimally deployed to create value (e.g., retail outlets with increasing same-store sales)? And what is this value? Note that in our analysis, the measurement of the periodic value created is a byproduct rather than the focus of the analysis. We prefer to measure value created by cash flows to avoid the multiple managerial estimates embedded in earnings. In contrast to the cash flows generally used by analysts (EBITDA), however, we add to cash flows the company\u2019s investments in value-creating strategic assets, such as R&amp;D, IT, and unusual brand creation expenditures, which are not really operating cash outflows. Now, if we are living in a period of secular stagnation, this could be seen as an attempt to lower the bar to make up for lackluster capital investment. (One academic literature review we found on the topic of strategic assets only cites papers from around the time of the dot-com bubble. Fancy that!)  What\u2019s more, \u201cdefending strategic assets\u201d can sound a lot like \u201cmaintaining monopoly power\u201d, depending on the methods companies use in their defence. So an investment analysis focussed on strategic assets might also require more aggressive anti-trust regulation.  But if you accept the idea that widespread adoption of the internet brought a fundamental and irreversible change in the drivers of growth, there are worse approaches to financial analysis you can take.  There\u2019s more detail and argument in the paper, which you can find here."}
{"_id": "289301", "title": "", "text": "Although Amazon and Whole Foods encompass less than 2% of the US grocery market, I'd be curious as to whether antitrust regulation could be relevant here or to any part of Amazon's business.  As Amazon monopolizes, it actually benefits customers via lower prices and more free Prime perks - so the basic definition of a monopoly would have to be adjusted to apply."}
{"_id": "289313", "title": "", "text": "Just look at GNP for manufacturing, and then compare population sizes.  If you've got 4x the people and you're only producing slightly more than another country in finished goods, what does that say about your manufacturing sector?  Is it a world beater, or an also ran?    Also, of course, most of the margin for those products is realized post manufacture.  Selling shit to consumers is hard.    Also consider things like this: &gt;This is partly because a large share of Chinese production costs consists of imports from other countries. Xing and Detert (2010) demonstrate this by examining the production costs of an iPhone. In 2009, it cost about $179 in China to produce an iPhone, which sold in the United States for about $500. Thus, $179 of the U.S. retail cost consisted of Chinese imported content. However, only **$6.50** was actually due to assembly costs in China. The other $172.50 reflected costs of parts produced in other countries, including **$10.75** for parts made in the United States.  http://www.frbsf.org/publications/economics/letter/2011/el2011-25.html  The US adds more value to the manufacturing process of an iPhone (forgetting design entirely) than the country that ends up with the credit for its manufacture."}
{"_id": "289314", "title": "", "text": "It would be interesting to do an anonymous survey of upper management, to find out how many of them actually thought the retail stores would turn around.  It seems hard to believe they were deluding themselves, it seems more likely they each were trying to fool their own boss, or the shareholders, a little longer, so they could keep their jobs a bit longer, and pretending that their subordinates fooled them."}
{"_id": "289321", "title": "", "text": "Whats their actual service area?  I can't imagine it's huge.  In Austin, TX we are getting google fiber but we already had a second cable company called Grande in part of the city offering faster speeds at less money then TWC.  The problem was it wasn't really cost effective for them to expand their service area so they only cover pockets of the city.  Grande incidentally were the first company to offer 1 gig internet in Austin after Google fiber was announced however the area for that was even smaller then their normal service area.  Basically just big enough so they could say they were first.  If a company already in the business can't even expand their service area I don't think new players are going to be very likely."}
{"_id": "289326", "title": "", "text": "Both have merits, Korea can plan long term for their families inheritance, the west needs to make massive gains every year short term and if the choice is screw the consumer or build loyalty. They are legally required to do the former.  I wish there were no corporations, limited  companies only.  The corporation is nothing like it was legally allowed to be."}
{"_id": "289342", "title": "", "text": "Adding to what others have said, if the mortgage for the new house is backed by the federal government (e.g., through FHA or is to be sold to Fannie Mae/Freddie Mac) you would be violating 18 USC \u00a7 1001, which makes making intentionally false statements to any agent or branch of the federal government a crime punishable by up to 5 years' imprisonment. The gift letter you are required to sign will warn you of as much. Don't do it, it's not worth the risk of prison time."}
{"_id": "289356", "title": "", "text": "I imagine careers are pretty short. Sure, if you burn your 20's and 30's then it's no bueno, but if you're good enough at age 19 and can take a year off to bank a cool 6 figures, what's your opportunity cost? Not much."}
{"_id": "289359", "title": "", "text": "There is inflation, but it's hidden through various mechanisms. What do you call housing price increases and wage declines? What do you call the fed essentially paying down the inflation with free money and prices still pressuring upwards? I get the sense there is a great underlying pressure for inflation to burst out from the fed's free money pressure chamber. For all our sake, I really hope the pressure chamber holds or I'm totally wrong in the first place."}
{"_id": "289378", "title": "", "text": "\"Sorry, I figured maybe if we could a man on the moon, we develop an app lets you know the trade in value for an item on Amazon. Fuck off with you sarcastic \"\"wow\"\" remark, nothing insightful, nothing helpful just you masturbating your own ego with a three letter word, you must feel so proud.\""}
{"_id": "289396", "title": "", "text": "Tesla doesn't exist without a loan from the public sector that got them up and running.  They have since paid that back and obtained public financing, but Tesla certainly doesn't disprove the notion that subsidies are required to make nonhydrocarbon energy sources competitive with traditional fuels."}
{"_id": "289402", "title": "", "text": "According to the New York State Department of Taxation and Finance, your service would appear to be exempt from taxes.  However, if you are charging for tangible items, those would incur a sales tax."}
{"_id": "289424", "title": "", "text": "\"Your counterexample of Deserved\"\" is telling. There are two distinct lines of thought in justice: punitive and preventative. Punitive focuses on retribution, while preventative focuses on isolation or elimination of an individual from a situation where it can do further harm.\"\"  [Deserves got nothing to do with it.](http://www.youtube.com/watch?v=dpDkYZWeeVg),is this both?\""}
{"_id": "289429", "title": "", "text": "What I do have is this (sample only): Stock X: Average Price of all I purchased before = 80 Total Shares = 200 So if Stock X's price today is 100 how do I know how much my average price will be? Using your sample if you buy 100 new shares and the price is 85 for the purpose of this example your previous total cost is $16,000 ($80 average cost * 200 shares).  With the new example you are adding $8500 to your total cost (100 new shares * $85 example cost per share)  that gives us a total cost of $24,500 and 300 shares. $24,500/300 gives us an average cost of $81.67 per share. As long as you have the average cost and the number of shares you can calculate a new average without knowing what the price was for each transaction. It may still become important to find the price information for tax purposes if you do not sell all of those shares at once and use FIFO for your taxes."}
{"_id": "289441", "title": "", "text": "Here's another way to look at this that might make the decision easier: Looking at it this way you can turn this into a financial arbitrage opportunity, returning 2.5% compared to paying cash for the vehicle and carrying the student loan.  Of course you need to take other factors into account as well, such as your need for liquidity and credit. I hope this helps!"}
{"_id": "289450", "title": "", "text": "\"How much is rent in your area? You should compare a rental payment versus your mortgage payment now, bearing in mind the opportunity cost of the difference. Let's say that a rental unit in your area that has the same safety & convenience as your house costs $1600 per month to rent, and your mortgage is $2400. By staying in the house, you are losing that $800 month as well as interest earned on banking that money (however, right now, interest rates are negligible). Factor in total cost of ownership too, meaning extra utilities for one or the other (sometimes houses are cheaper, sometime not), property insurance and taxes for the house (if they aren't already in escrow through your mortgage) and generic house repair stuff.  If the savings for a rental are worth more than a couple hundred a month, then I suggest you consider bailing. Start multiplying $500-1000 per month out over a year or two and decide if that extra cash is better for you than crappy credit. Also, this is not the most ethical thing, but I do know of one couple who stopped paying their mortgage for several months, knowing they were going to give the house back at the end. They took what they would have spent in mortgage payments during that time into a savings account, and will have more than enough cash to float for the few years that their credit is lowered by the default. Also something to consider is that we are in a time of ridiculous numbers of people defaulting. As such, a poor credit score might start to be more common among people with decent incomes, to the point where a \"\"poor\"\" score in 5 years is worth about the same as an \"\"average\"\" score today. I wouldn't count on that, but it might soften the blow of your bad credit if you default.\""}
{"_id": "289462", "title": "", "text": "\"&gt;Sorry, but I have yet seen any of his \"\"exploit\"\" clearly hurt the consumer  Licensing \"\"one-click\"\" and affliate programs result in other companies unable to provide the same to their customers at competitive prices, thus clearly hurting the consumers. Maybe not *their* consumers, but certainly everyone else's.  Now if he said this on the same day he stopped the licensing fees, I would agree with you.\""}
{"_id": "289463", "title": "", "text": "The effect on your credit score would be a positive one.  If you have plenty of money now then pay off the balance each month. If you are very disciplined and can pay off the balance each month you could stop using your debit card to make daily purchases and use your credit card instead. That way you can keep your money in an interest bearing account all month and pay the bill in full when it comes due."}
{"_id": "289464", "title": "", "text": "Credit card fraud is an extremely (to stress, EXTREMELY) small proportion of total credit card transactions.  The card issuing entities all offer zero fraud liability, even on debit cards.  There are millions of transactions every day and fraud loss just isn't worth developing, and supporting, an additional authentication layer that faces the consumer. To be clear, the downside is cost.  Cost to develop, cost to implement, cost to maintain, cost to support.  All of this to stop something that millions of people have yet to even experience."}
{"_id": "289465", "title": "", "text": "\"let's talk on \"\"qe\"\" by: raul m. ramos   20  september  2012  thursday, manila, ph   i want to share this to all the - \u201cbrilliant economists\u201d - in this world   let's talk on \"\"qe\"\"    by:  raul m. ramos  qe is not a cure - it is a stimulant. qe is synthetic - no more, no less. qe is artificial - it cannot and will never hold water. qe is only a temporary relief - not an outright, total solutions. qe is absolutely not a guaranty - not an assurance for recovery or growth. qe is a very good tool - this acts as an oxygen to a dying patients to breathe. qe is now and forever - taking away the oxygen, the patient will going to die. qe is a big balloon - continues to expand, amplify, waiting to explode, to burst. qe will keep you moving today - but not for the rest of your life. qe is quicksand - the more you move the more you get sucked down. qe will bring joy today - (later) it will bring tears, pouring in your eyes that could not stop. qe is worthless - infusing, injecting precious blood, highly precious dollar to a zombie economy (a lifeless economy), an \u201cabsolute waste\u201d. qe is brainless - simply do not know what will going to be the consequences to the economy. do not have the idea of what will going to be the final result. qe is only a dream - being over optimistic that one day everything will go back to normal, that at the end of the day the economy will recover and finally would realize growth. qe is just a fantasy - meaning punching the moon, the stars (thinking it will resolve the year 2008 economic meltdown). qe is an investment - yes!!! a massive investments to a dying economy, (absolutely wrong investments). qe will keep you running - it is like a ticking time bomb. qe is not good for the economy - the government acts (or play) as an investor instead of the businessman. qe is being very kind and generous to businessman, while keeping the country, the state's economy at stake or in jeopardy. qe is putting more money to a moribund business - supporting the company to stay, to exist for the time being. and later on will literally closed shop. qe is killing the mighty, precious dollar - slowly but surely. qe is hide and seek - like suze orman (of cnbc) say's, \"\"show me the money\"\". qe is treasure hunting - ultra rich, millionaires, billionaires is keeping it. they hide it. where are those precious dollars? making the economy sick, crippled, dead. qe is a money making machine (printing press) - once the economy becomes frail, weak, all they have to do is just print. qe is putting plenty of money to a basket full of holes - truly very few will benefit and so many will going to suffer.  this is inequality.  disparity is very disturbing (counter to a good economy). qe is experimental - (trial and error, testing) probability never done before. qe is good at the start (year 2008) - after spending, investing, releasing, trillions and trillions of mighty precious dollars - big companies, millions of jobs were blessed, saved, rescued, erstwhile salvaged.  and like magic - america the wealthiest and most powerful country in the  universe is now going to act again (today!!!) to spend, invest, release again (and again and again and again . . .) trillions and trillions of mighty precious dollars for the economy to keep moving, (my God!!! what an \u201cabnormal cycle of the economy\u201d). qe is a wild guess (absolutely speculative) - before only big businesses, huge companies are at stake.  today it is now the whole country is at risk.  not yet talking of the whole wide-world (with special mention - to my dearest, my beloved country - the philippines).  this is certainly,  absolutely contagion, domino effect.  no one, not one will ever be spared. qe is very contagious - before only america needs to be saved to be salvaged. today all countries is in distress (suffering), badly needs a rescue. qe is keeping inflation very low - yes!!! absolutely for today but not for tomorrow.  the medicine that they used during the 2008 economic slump is luckily still moving.  meaning still working.   but once this medicine starts to slowdown and begins to die down.  you may call all the saints above.  and the (true) inflation you are looking for, searching for will surely and definitely come into your midst.   inflation will going to kill us all. qe is a wrong medicine - temporary patch or band.aid qe is phoney - it is just an easy money and definitely not a hard earned (labor generated) money. qe is a gamble - trillion dollars is at stake. if we are lucky the dying person or the economy will live. if we are not lucky the dying person will die, the economy will going to collapsed, and still we have to pay all the \u201cdebts\u201d as long as we live. qe is domineering - the economy today is at the mercy of \"\"qe\"\".  (the economy is captive, hostage by \"\"qe\"\") interest rates is a lose-lose situations. keeping it zero.  the u.s.a. government will lose trillions  and trillions of dollars, that is badly needed.  now, raising this rates will surely and definitely starts  the u.s.a. markets and precisely the world economy to react, pulling down the unstable economies  of the whole world to jeopardy.  now, which one would you like to choose? again, which one would you prefer? qe is trial and error - a complex, complicated solutions.  healing one part of the body and the other part will swell and burst. qe is evaporation - (using taxpayers money) pension funds, retirement benefits and all entitlements is going to fade, will vanished in thin air. qe are waiters - simply waiting day and night for growth, for recovery. qe is thirstiness - it dries up the u.s.a. treasury. qe is debt - a never ending debt. keep in mind there is no such thing as unlimited debt or debt unlimited. don't be fooled. qe will going to keep you in good sleep - but will wake you up bankrupt. qe is not an answer - it is the culprit. qe is universal - it was copied all over the world (worldwide). qe is an absolute solutions (yes!!! for all dumb economists) - a 100percent \u201chopeless, desperate, solutions\u201d. qe to be specific is going back again to the 1930's depression or the great depression part 2 \u2013 yes!!! precisely but with a \"\"big bang\"\". qe before is only a staggering risk. today it is now \u201cdebt impregnating\u201d - simple as, it keeps on giving birth (by the hour, the minutes, the seconds) and after eight long years the final,  the end result is massive \u201cpure debt\u201d. very sorry to say, not growth (and) or definitely not recovery. qe is a dying move - no one, not one ever dared to affirm, to attest, to certify, that this is a \u201ccorrect solutions\u201d. qe is mad - it will make you crazy because of \"\"debt\"\". qe is the only options - yes!!! absolutely, when your big brains is \"\"not working\"\". qe is easing the pain - correct!!! for a very short period of time, but will going to \"\"destroy\"\" the economy in the long (or short) run. qe is history - it will haunt you forever and ever. qe - what more can i say?   fb:     thegreatdepression.part2@yahoo.com\""}
{"_id": "289466", "title": "", "text": "\"I expect that data may be copyright. Data that's published (e.g. on a newsfeed or web site) is subject to terms of use. Standard & Poor's web site says, about the Shiller indexes, Who do I contact at S&P to license my   use of these indices?   Questions   regarding licensing the   S&P/Case-Shiller Home Price Indices   can be addressed to:  Bo Chung    Managing Director    bo_chung@standardandpoors.com,   +1.212.438.3519 As for 'recording' the information yourself, that may depend on how and where (e.g. from what source) you're recording it. If for example you tried to record prices from the Canadian MLS (Realtor's) network, they too have their own terms of use on the data they publish. Copyright laws vary from country to country (and terms of use certainly vary): for example see http://en.wikipedia.org/wiki/Feist_v._Rural which is case law about copyrighting a phone directory in the USA, and contrast that with http://en.wikipedia.org/wiki/Database_right which is European legislation. So who owns data if it is determined by free market? I guess that \"\"determined by free market\"\" means that buyers and sellers are publishing their offers-to-buy and their offers-to-sell, and I guess that the publisher (e.g. the stock exchange) has 'terms of use' about the data (the offers) that they're publishing.\""}
{"_id": "289474", "title": "", "text": "\"Lol master in computer science. I'm an idiot. K bro. I'm just calling it like it is.  The problem with finance guys is they look at rich guys and accept their word as law. I don't care if this guy is a \"\"VP\"\" or whatever, I care if he has the technical chops to understand the technology. I'm willing to bet money he hasn't read a single paper on the technology, including the original Bitcoin paper, which by the way explicitly says do not speculate on cryptocurrencies (fun fact). I agree it's overvalued, but it's because traders with no idea of the real value of the tech are speculating.  Everyone is speculating on crypto, but historically disruptive tech is far undervalued. Think Microsoft when the iPhone was coming out. People were literally saying Apps are stupid and will never take off. At the end of the day I have money in it and we'll see where it goes.\""}
{"_id": "289483", "title": "", "text": "For many folks these days, not having a credit card is just not practical. Personally, I do quite a bit of shopping online for things not available locally. Cash is not an option in these cases and I don't want to give out my debit card number. So, a strategy is this: use a credit card for a purchase. Then immediately, or within a couple days, pay the credit card with that amount. Sounds simple but it takes a little effort to do it. This strategy gives you the convenience of a credit card and decreases the interest enormously."}
{"_id": "289501", "title": "", "text": "&gt; more people should die if it means companies can operate more efficiently.  I don't care about companies operating efficiently. I care about individuals operating effectively. Small business owners do it everyday, even using simple technology platforms to propel their business. They follow government safety guidelines, interact directly with their customers in a professional way, and no one dies. Placing all the liability on companies is ineffective and a sign of government doing too much."}
{"_id": "289502", "title": "", "text": "I've never had a problem with connection or speed. But they have given me the run around since the start.   Signed up for just Internet at the beginning. They told me to try Prism TV. If I don't like it, I can cancel it within 30 days and get my money back. Canceled within 2 weeks. Still got charged for the TV.   It's been an on going battle. Let's see if this month's bill is finally correct. It's been 5 months now."}
{"_id": "289526", "title": "", "text": "I was able to request a modest advance on my salary when I started my first job out of college, for essentially the same reason. Alternatively, you might consider requesting a small personal loan from friends or family. If you have a credit card that can cover things like grocery expenses for that period, this may also be the appropriate time to use it. Buy cheap food, like lentils and beans. :P In the future, once you earn some money, you should keep around a few months' worth of essential expenses in a saving account to avoid this situation. :)"}
{"_id": "289530", "title": "", "text": "dude its an internship, don't get depressed over something that is going to last a couple of months. This is your chance to impress people, gain experience, bla bla etc. You are not different than anybody else who hates shitty work, but you need to man up if you want things to get better.   Do your best and suck it up"}
{"_id": "289565", "title": "", "text": "Sorry... I'm a software engineer not an academic.  My assumption is that you can measure things like average throughput on a checkout line, or number of widgets assembled on an assembly line (and possibly the defect rate of those widgets), or pounds of fries dumped in the trash because they got cold before being served relative to fries served. Is this not the case?  In my field we measure things like the change in average time to launch, or the revenue impact of features, or the change in performance metrics, etc. They're all proxy measurements though. Poor performers are generally much easier to spot than high performers. Mediocre performers can generally get through things, but may not earn promotions etc."}
{"_id": "289582", "title": "", "text": "Use a limited company. Use the HMRC website for help on limited companies and get a good accountant for doing your taxes. Mixing your website income and personal income  may make you pay a higher tax rate. You can take out expenses from the limited company, which are tax deductible. But if you group it in personal income it wouldn't be tax deductible. In a personal capacity you are 100% liable if your business goes bust and you owe debt. But for a limited company you are only liable for what you own i.e %age of shares. You can take on an investor if your business booms and it is easier if you do it through a limited company rather than through a personal endeavour."}
{"_id": "289594", "title": "", "text": "\"If it was me, I would sell the house and use the proceeds to work on/pay off the second.   You don't speak to your income, but it must be pretty darn healthy to convince someone to lend you ~$809K on two homes.  Given this situation, I am not sure what income I would have to have to feel comfortable.  I am thinking around 500K/year would start to make me feel okay, but I would probably want it higher than that. think I can rent out the 1st house for $1500, and after property management fees, take home about $435 per month. That is not including any additional taxes on that income, or deductions based on repair work, etc. So this is why.  Given that your income is probably pretty high, would something less than $435 really move your net worth needle?  No.  It is worth the reduction in risk to give up that amount of \"\"passive\"\" income.  Keeping the home opens you up to all kinds of risk.  Your $435 per month could easily evaporate into something negative given taxes, likely rise in insurance rates and repairs.  You have a great shovel to build wealth there is no reason to assume this kind of exposure.  You will become wealthy if you invest and work to reduce your debt.\""}
{"_id": "289615", "title": "", "text": "Except North Korea just backed down.  I expect you down voting cunts to be able to pick up a rifle and a grenade since you make light of the Korean war. Your type was called to service in the spirit of a  general named Macarthur. Like you, he thought he was right and affected weird appearance in the form of a corn cob pipe unlike your piercings and tattoos. He went across the northern korean border chasing north korean armies in retreat, but in his perfect moral charge- just as you act by downvoting since you must purge your perceived enemies- he met 1 million chinese soldiers hidden in the forests who chased his arrogant asshole all the way back to the 38th parallel where the border is today. Suck my ass."}
{"_id": "289620", "title": "", "text": "(1). Is this right? Pretty much, though this is a really rudimentary way to think about it. (2). If it is, why is it that extensive services are provided by high margin companies competing for talent, rather then lower margin businesses looking to boost their profits by reducing their expenditures on employees (by cutting out the government)? It's the polar opposite of that. Google (and companies like that) do things like have a day care center on premises.  The company staffs a day care center which has costs, then lets employees use it for free.  This is a business expense for Google, and in relative terms, a considerably large business expense that a lower margin business could no afford. Employer healthcare is a tax protected expense for employees via section 125 of the tax code.  The company portion of the healthcare costs are a deductible business expense to the company, as expected.  Healthcare is different than most other expenses because the employee can forego income before it's effectively received which negates it from taxable income.   This doesn't work for something like food purchased at a cafe on a Google complex.  If employee money is being spent at a corporate cafe, it's taxable income being spent (though the cost of running the cafe is a tax deductible business expense to the company). There have been discussions in congress to assess a value as income to employees for services like on site child care and no cost employee cafeterias. To address your new example: For example, suppose John Doe makes $100,000 a year taxed at a rate of 20%, for a take home pay of $80,000. He spends $10,000 on food. His employer Corporation decides to give him all of his food and deduct it as a business expense - costing them $10,000. But now they can pay John Doe an amount so his take home pay will be reduced by $10,000 - $87,500 The company is now spending $97500 employing John Doe, for a savings of $2500$. This would be an audit prone administrative nightmare.  Either You need John to submit receipts for reimbursement up to the $10,000 agreed upon amount which would require some kind of administrative staff, or After a very short period of time John forgets the abstract value of the food cost arrangement, that is only really benefiting the employer in the form of lower payroll expense, and is enticed away for more pay somewhere else anyway.  The company may be saving $2,500, though again there will be an additional administrative expense of some sort, but John is only saving $500 ($97,500 * 0.20 - $100,000 * 0.20)."}
{"_id": "289640", "title": "", "text": "They pay the most because they have the most money this sort of thing is highly misleading, and I hear it so often it is working, people pay no income tax because they have next to no income to tax the top 2% are getting a raw deal whilst the 0.001% end up paying only about 7% tax"}
{"_id": "289656", "title": "", "text": "If Jack owns all of the one million founding shares (which I assume you meant), and wants to transfer 250,000 shares to Venturo, then he is just personally selling shares to Venturo and the corporation gains nothing. If Jack does not own all of the founding shares, and the corporation had retained some, then the corporate shares could be sold to raise cash for the corporation. Usually in situations like this, the corporation will create more shares, diluting existing shareholders, and then sell the new shares on the open market to raise cash."}
{"_id": "289664", "title": "", "text": "&gt; A few years back JetBlue offered discounted flights across the States. Reddit pooled money together and bought a guy tickets to destinations selected by Reddit.  The guy met up with local Reddit users who showed him around town.  This part is true. /u/77or88 iirc. The rest is fake news ;)  Soure: my flair"}
{"_id": "289682", "title": "", "text": "&gt; As an employer, why would I not want to hire someone who is philosophically similar to me?   Because you've got that covered. You already think like you, you don't need everybody else to think like you *too,* any more than you need a whole company full of people with skills you already have. Sure, having *some* people who think like you can help spread the workload of thinking like you around, but unless you have plenty of people around who *don't* think like you, the company will never think of the things *you'd* never think of. And, obviously, the more different ways your company can think, the better."}
{"_id": "289700", "title": "", "text": "The laws of the United States of America require that the federal currency issued is accepted as legal tender for all goods and services anywhere within this country.  One really has to wonder what the motivation behind this story is. VISA obviously knows that such a move is illegal. I am skeptical that there's any truth to the article at all."}
{"_id": "289706", "title": "", "text": "\"Customer support, getting information, dealing with stolen identities, etc. I had to file a credit discrepancy report with both. Transunion: \"\"we'll look into it\"\". Equifax: \"\"okay, you need to do this... this.. this... this... this... maybe we now can help you\"\".   It's almost faster to let Transunion deal with it, and let Equifax realize they goofed\""}
{"_id": "289721", "title": "", "text": "That's a misrepresentation of my point. I said class warfare was a ruse, not that inequality wasn't real. They are not the same thing.  Class warfare is the deliberate attempt to harm one social group to benefit another, involving theft of resources.  Inequality is simply a description of the allocation of resources without any comment on how or why they are distributed in such a manner."}
{"_id": "289737", "title": "", "text": "When has Walmart fairly compensated someone?  Edit:  The question is do I think Walmart fairly pays their employees. The answer is no, because they don't have health care and they use up government subsidies.  Well, do you know how much Walmart would need to raise each product for $12 Min wage. It would cost Walmart to raise there all products by 1.1%.. that would be from 2015 min wage of $7.25. Which roughly around 65 in increase wage. So how much would $15 min wage cost in raise prices. It would cost Walmart around 1.3 to 1.4 in product pricing increase.  But let's not forget they only have 30,000 of 1.4 million employees have health insurance. Guess where tax dollars are going if they don't have health insurance .... to Obamacare and Medicaid. What even crazier is the purposely make sure to schedule people under 32 or 34 hours week so they are part time so they don't have to provide health insurance.  Then employees from Walmart are on welfare costing the taxes payers over $6 billion a year. On average each Walmart superstore that is open cost tax payer $900k to $1.5 million a year.   We talk socialism is at the door step of this country but already lives here, it is thanks to Corporation like Walmart. Corporate welfare is okay but asking a company to pull their weight when they cost the tax payer so much damn money is too much to ask for."}
{"_id": "289762", "title": "", "text": "\"I guess there are accepted channels for this sort of thing, but I don't really understand why. Couldn't anyone sell them to anyone else at any time in any kind of market? I mean, if I had a friend who was talking the the IPO up, couldn't I have just said, \"\"Hey Fred, I'll sell you a Facebook share in two weeks time for thirty five bucks\"\" and be done with it?  Do exchanges provide legal services? Is there a law that says you have to go through them? And even if you *did* have to go through them, why wouldn't multiple exchanges list them instead of just one, and why wouldn't an exchange start listing them from the minute the gun fired (or before)?\""}
{"_id": "289768", "title": "", "text": "PayPal is free for buyers, taking their profit from the sellers -- in much the same way that credit cards take a percentage from the seller (though they will also charge you interest if you don't pay off the entire balance every month). As far as I know, there's nothing that keeps a vendor from having a different price for PayPal customers than cash customers... but that would show up in the number displayed by PayPal before you authorize the purchase, so if you're paying attention it shouldn't be possible to sneak it by you. PayPal has several modes of operation. I'm not aware of one where they hold your balance. Normally you either give them your credit card info, or you give them information about (one of your) bank account(s) and authorize them to do electronic funds transfer from and to that account on your behalf. I've always stuck with the credit card approach; I trust PayPal but I don't trust them that far, on principle. If I was going to link them to an account, it would be a small account I'd create for that purpose, NOT my main savings/checking accounts! (Hm. Actually, I do have one account which normally floats around $500 -- it's the one I dump accumulated pocket change into -- and I could use that. If I ever feel a need to do so.) PayPal does reduce the risk of credit card numbers being abused, by reducing how many people you've given the number to. Depending on what kinds of purchases you make, that may be a security advantage. It certainly doesn't hurt. Personally I have no problem with giving my card number directly to a serious business, but on eBay or sites of that sort where I'm dealing with individuals who are complete strangers I do like the isolation that PayPal provides. In other words, eBay is exactly the environment where I DO use PayPal. After all, that's exactly what PayPal was created for."}
{"_id": "289774", "title": "", "text": "I work in financial tech, and we've been working on regulatory projects non stop since the middle of last year. Not a single feature enhancement for traders has been implemented despite very high demand.   The other (smaller) wing of the tech division has been working on electronic trading. As regulation and position transparency ramp up, voice spreads will fall and desks will have to rely on volume driven by electronic trading to make up revenue. The people driving this will be technology, and not the traders.   So: if you want to get in on the finances money, brush up on your programming skills: C++, Java, python are the bare minimum."}
{"_id": "289779", "title": "", "text": "Did you even read the article? It's about salaries at the NY-NJ Port Authority whose commissioners are appointed by the NY and NJ state governments. Statewide elections actually have a huge bearing on these employment contracts. The mayor has no bearing on these employment contracts. It's sad that idiots like you can blatantly lie and other malleable morons upvote without doing any independent research. I guess that is to be expected in such a liberal forum."}
{"_id": "289791", "title": "", "text": "Just like Switzerland lost its banking privileges by not being in the EU, huh?   The truth is none of us really know what's going to happen so we all need to stop throwing out opinions as fact.  London has an already established stable banking climate and the cost and effort of relocating to other places might prove to be too high as opposed to just working something out between the Brits and the Europeans. We just don't know yet."}
{"_id": "289801", "title": "", "text": "\"Some stocks do fall to zero. I don't have statistics handy, but I'd guess that a majority of all the companies ever started are now bankrupt and worth zero. Even if a company does not go bankrupt, there is no guarantee that it's value will increase forever, even in a general, overall sense. You might buy a stock when it is at or near its peak, and then it loses value and never regains it. Even if a stock will go back up, you can't know for certain that it will. Suppose you bought a stock for $10 and it's now at $5. If you sell, you lose half your money. But if you hold on, it MIGHT go back up and you make a profit. Or it might continue going down and you lose even more, perhaps your entire investment. A rational person might decide to sell now and cut his losses. Of course, I'm sure many investors have had the experience of selling a stock at a loss, and then seeing the price skyrocket. But there have also been plenty of investors who decided to hold on, only to lose more money. (Just a couple of weeks ago a stock I bought for $1.50 was selling for $14. I could have sold for like 900% profit. Instead I decided to hold on and see if it went yet higher. It's now at $2.50. Fortunately I only invested something like $800. If it goes to zero it will be annoying but not ruin me.) On a bigger scale, if you invest in a variety of stocks and hold on to them for a long period of time, the chance that you will lose money is small. The stock market as a whole has consistently gone up in the long term. But the chance is not zero. And a key phrase is \"\"in the long term\"\". If you need the money today, the fact that the market will probably go back up within a few months or a year or so may not help.\""}
{"_id": "289813", "title": "", "text": "Are you suggesting that the banks are using marketing to convince retail customers to buy financial products that they would not normally purchase due to the products' complexity?  While that concerns is certainly valid, I believe it can be applied all the way down to the simplest of securities, e.g. stocks, or even assets, e.g. houses.   That does not mean with should prohibit the sale of these products to retail customers."}
{"_id": "289826", "title": "", "text": "Welcome to Cuba, Our company provides the best holiday package. The Cuban Eden invites you to join us on these special tours packages, designed around daily interaction with local residents that deliver insight into the past, present, and future Tour Package in Cuba. Through straightforward conversations and trustful exchanges of ideas with the Holiday rentals in Cuba, you\u2019ll experience the Holiday Tour and Vacation rentals of a lifetime during the educational, cultural, and personal encounters that await you."}
{"_id": "289833", "title": "", "text": "\"S-Corp is a corporation. I.e.: you add a \"\"Inc.\"\" or \"\"Corp.\"\" to the name or something of that kind. \"\"S\"\" denotes a specific tax treatment which may change during the lifetime of the corporation. It doesn't refer to a legal status.\""}
{"_id": "289837", "title": "", "text": "\"&gt;would this even be possible?  Anything is possible, but it would be extremely difficult because of the second question you posed. From my experience, crowd sourcing pools small amounts of money compared to institutional (aka accredited) investors.   Not only that, but to lead change, you need people representing the group with deep financial sector experience. A hedge fund that becomes an activist investor (i.e. Third Point) has a decisive plan in place and knows what needs to be accomplished. It will also recommend candidates to replace existing directors that sit on the board.   Most \"\"main street\"\" investors don't have what it takes to lead change in any business, let alone financial institutions, which are as complex as a corporation comes. That being said, why would there be a limitation to banks?\""}
{"_id": "289844", "title": "", "text": "\"A check is simply an order to the bank to pay money to someone. The payor's signature on the front of the check is all that's needed to make that order binding. If you read the check carefully, you'll see that it says \"\"Pay to the order of ...\"\"; that's the payor's instruction to the bank, and as payee you can make a further order, to pay the money to someone else, in which case you'd have to endorse the check to make your order binding. But nobody does that any more; instead, people always just deposit checks into their accounts. When you deposit a check, the payor's signature is all that's needed to tell the payor's bank that it should pay the money. If your bank insists on a signature as well, that's just to pretend that they're paying attention in case it turns out that you stole the check. In reality, banks don't pay attention to signatures, nor to the name of the payee. I once put the wrong check into an envelope, and the phone company got a check for something over $700 on a bill of less than $50, payable to some completely different company; they deposited it and gave me a credit for the balance; none of the banks in the transition chain questioned it.\""}
{"_id": "289853", "title": "", "text": "API wise there's just one at the retail level: Interactive Brokers (India). Brokerage is high though - 3.5 bps for F&O and 5 bps for cash.  I've used Sharekhan (good, can get to 2 bps brokerage, trading client software, no API). Also used multiple other brokerages, and am advising a new one, Zerodha http://www.zerodha.com. API wise the brokers don't provide it easily to retail, though I've worked with direct access APIs at an institutional level."}
{"_id": "289862", "title": "", "text": "Aren't we in /r/economy worried more about all of Canada and the entire oil sector?  Sure evaluations are arbitrary, but carbon will be utterly worthless in a few ~~decades~~ years, whereas solving the byzantine generals problems seems to be very helpful."}
{"_id": "289876", "title": "", "text": "\"Been to many job interviews, here's my advice:  1) What the hell the company sells, who it sells to and who the competition is.  THINK about the company. What do you think they do well, what do you think they need improvement on? It's a public company so a great way to start is look at yahoo finance.  You can read headlines, ready the financial statements, etc.  http://finance.yahoo.com/q?s=AFG  2) What do you bring to the company? Have 5 ways to talk about how you are a great, smart person by talking about examples.  Anybody can say they are smart, dedicated, etc.  People want to hear examples; \"\"Past performance = future performance\"\"  3) Ask questions, a million.  Goes back to #1.  Know the ins and outs of the company and ask a million.  Someone who asks a boat load of good questions will show they are interested, did their homework and looking to learn.  Don't worry if you think it will show you don't know things...people actually want someone they can teach; not someone who is smarter than they are.   (Just to be clear, don't ask about the stock or its price)    4) I have an exclusive interview tip that I will not broadcast to everyone.  But if you want it, PM me.\""}
{"_id": "289880", "title": "", "text": "My wife has been doing younique and some other health MLM drives be crazy cuz she's going no where fast.  I support her but she doesn't listen to the fact that she is spending more than making."}
{"_id": "289895", "title": "", "text": "\"This answer is to supplement the answers about what CD laddering is and what its benefits are. I'm going to talk about its risks. CD ladders are subject to risk. They are not subject to very much credit risk and investment risk (they're federally insured! Barring the dissolution of the United States government as we know it, you will get all your money back!). However, they are subject to inflation risk and a little bit of interest rate risk. A CD is basically a promise for a certain amount of money after a certain amount of time. Inflation risk happens when there's inflation and the money that you've been promised isn't worth as much anymore, because everything's gotten more expensive. Interest rate risk happens when you buy a CD in a very low interest rate environment (like, oh, the year 2010) and rates subsequently rise. You might have been somewhat better off waiting for rates to rise before buying the CD. (Also, if you were to try and re-sell it, you would get an inferior price - enough to make up for the interest rate difference.) Note that interest rates tend to rise if there is a significant amount of inflation, so these two risks go together. Interest rate risk and inflation risk are higher for longer-term CDs (at least right now) because there's more opportunity for inflation and interest rates to rise. 2010 has been marked by the extraordinarily low interest rate environment which prevails, and the Federal Reserve has announced that it is trying to bring about a higher rate of inflation (you may have heard something about a \"\"second round of quantitative easing\"\"). A quick look at interest rates show that 2-5 year CDs yield about 1.50% these days. You could, alternatively, get a savings account that yields 1.4%, preserves your liquidity, and will raise the rate it pays you on savings in the event that inflation and interest rates rise (or, if they don't raise it, you can move the account, unlike a CD). In summary, as of right now (October 2010), fixed-income investments like CDs don't pay you very much and have elevated levels of risk, especially for long-term investment. This is one of the worst times possible to invest in a CD ladder.\""}
{"_id": "289906", "title": "", "text": "\"Not to state the obvious, but you realize this can only be done in hindsight? Sure, you can project out to get a range of expected return, but the tax laws can change every year, your own income changes so your marginal rate will change. You may have started with a 7% mortgage, and refinanced now to 4.5%, so you are far better off than the original plan. I'll repeat what others mentioned, for your own home, the rent you are \"\"not\"\" paying is most of your return. A $100K home may appreciate at whatever rate 3-5%, say. But the $800/mo rent you don't have to pay is $9600/yr, nearly 10%. So when you imply that a house merely rising with inflation is a zero real return, I'd suggest that's far from accurate, all other expenses taken into account of course.\""}
{"_id": "289912", "title": "", "text": "Coffee is sold at convenience stores, supermarkets and vending machines most often in can form.  Convenience stores like 7-11 sell fresh coffee in a cup too but it's a bit more expensive.  http://upload.wikimedia.org/wikipedia/ja/b/b4/IruCa%E5%AF%BE%E5%BF%9C%E8%87%AA%E8%B2%A9%E6%A9%9F.jpg  The cans at the top are all coffee different brands and such.   http://s.ameblo.jp/kht711/image-11372796662-12223359284.html Cans at the top are all coffee. Bottles are mostly different tea types (green tea, black tea, milk tea, oolong tea). Cans that look like bottles on the bottom right are aluminum coffee cans with lids.   Monster, redbull, and burn is sold here. Burn comes in a can with a lid."}
{"_id": "289918", "title": "", "text": "\"GB Stone are known scammers. I don't know why \"\"Joe Taxpayer\"\" removed this essential information from the question.\""}
{"_id": "289966", "title": "", "text": "You can always cancel the card and close this account. Consider switching to a bank that has better customer service. Closing accounts typically gets a lot of attention and it's fairly likely they will contact you to reconsider and so you'll have a chance to air your grievances.  Whether they have anything to offer that would cause you to stay is for you to decide."}
{"_id": "289982", "title": "", "text": "\"In addition to dpassage's excellent advice on dealing with your debt in the most efficient manner, you may also want to consider Consumer Credit Counseling Services (CCCS). These are non-profit agencies (free or low-cost) that can work with you and your creditors to come up with payment plans and sometimes negotiate lower interest rates to help you get out from under the debt. You should definitely avoid for-profit \"\"debt consolidation\"\" companies, but the National Foundation for Credit Counseling can refer you to non-profit services in your area.\""}
{"_id": "289989", "title": "", "text": "If the stock has dropped from $10 to $2 and now is range trading between $2 and $3, and you were not able to sell your shares earlier, then I would no be holding on to them now. As soon as the price hit $3 sell them. After you have sold them and you noticed the stock still range trading one strategy you could apply is to go long after the price bounces off the $2 support placing a stop just below $2, then as the price moves up you trail your stop up with the price. As it starts getting close to $3 tighten your stop. If it keeps range trading and bounces off the resistance at $3 and you get stopped out, you can either go short and reverse the process or wait for it to bounce off the support at $2 again. One word of warning though, the longer a stock range trades, the bigger the outbreak out of the rage (either up or down) will be, that is the reason why you should first wait for confirmation that the price has bounced off support/resistance before opening a position, and secondly why you should use a stop loss to get you out instead of just selling when it hits $3, because if it breaks through $3 you can continue profiting as it moves up."}
{"_id": "290019", "title": "", "text": "\"I'm being taxed at a 40% rate, then I can give $500,000 to charity, write it off, and save $200,000 on my taxes. That's a net loss of $300,000. I may have paid less taxes, but it cost me 300 grand. Your logic is correct. However, here's another way to think about it. Suppose you are being taxed at a 40% rate. You wish to purchase $500,000 worth of diamonds.  How much do you have to make in income to do so?  You need to make $833,333 in income, pay 40% of that ($333,333) in taxes, and then spend the $500,000 on the diamonds.  But to spend that $500,000 on a charitable donation, you only need to make an income of $500,000, taxed at a rate of 0%, because donations to charity count against your taxable income. Or, yet another way to think about it, is that if you make $833,333 in income, you can spend it on $500,000 worth of diamonds, or $833,333 worth of charitable contributions; effectively you get to purchase $333,333 worth of charitable contributions \"\"for free\"\" over the equivalent purchase that is not a charitable donation.\""}
{"_id": "290034", "title": "", "text": "I like how whether or not its okay to do *exactly* what the tax code says is determined by your presumed intent in following the tax code, and not whether or not you actually followed the tax code.   Besides, what reasonable person or business *doesn't* minimize their tax burden, in the same way they minimize *every* and *any* burden?"}
{"_id": "290045", "title": "", "text": "You should get a 1099-MISC for the $5000 you got.  And your broker should send you a 1099-B for the $5500 sale of Google stock. These are two totally separate things as far as the US IRS is concerned. 1) You made $5000 in wages. You will pay income tax on this as well as FICA and other state and local taxes. 2) You will report that you paid $5000 for stock, and sold it for $5500 without holding it for one year. Since this was short term, you will pay tax on the $500 in income you made. These numbers will go on different parts of your tax form.  Essentially in your case, you'll have to pay regular income tax rates on the whole $5500, but that's only because short term capital gains are treated as income.  There's always the possibility that could change (unlikely).  It also helps to think of them separately because if you held the stock for a year, you would pay different tax on that $500.  Regardless, you report them in different ways on your taxes."}
{"_id": "290056", "title": "", "text": "While I can't say how it is in the Philippines, my wife the insurance broker leads me to believe that individual insurance is more expensive than group coverages in the US almost always.  So much so that people will go to great extents to form any sort of business just to insure themselves. If however it is cheaper, can't you simply opt out of your employer's plan?  If you can opt out, will your employer give you any of the money they aren't paying for your insurance? If you can't opt out, or if you paycheck doesn't grow, I can't see why you would want additional coverage especially at such a young age.  Should you lose your job in the near future and you worry about, go get the insurance then. EDIT One big advantage is if you get personal insurance, you might need to get an exam to qualify, and it is likely the younger you are the better you will qualify. But again, you already have insurance that covers you so I would advise keeping the group policy is probably better."}
{"_id": "290065", "title": "", "text": "\"What gets me is he was to retire in October. He \"\"worked\"\" his entire life to get so close to the finish line just to blow at the end by saying something stupid. Just goes to show you always have to be careful with what you say.\""}
{"_id": "290069", "title": "", "text": "If both cards have the same interest rate, there's likely no practical difference here. Very likely, the required minimum payment is calculated the same on both cards. Pay off one card and put the rest on the other, or split the payment across both cards. My personal preference would be to entirely pay off one card and put the rest on the other. It feels like a bigger accomplishment. If one card has a significantly different interest rate, obviously you'd try to pay that one down first. Alternatively, if you owe less on one card, you may choose to pay that off and then cut up the card, if you are trying to recover from a poor financial situation. This way, you have achieved a specific goal. But again, in your case, it sounds like your two cards are entirely interchangeable. Either way you do it, well done on putting your money where it'll make the most difference right now."}
{"_id": "290083", "title": "", "text": "If that were provably true, we'd be able to pack up sociology, anthropology, political science, and most of history and go home. Since we haven't done that yet, I suggest considering the possibility that the world is more complicated than you believe it to be. See ShakeyBobWillis' comment above."}
{"_id": "290105", "title": "", "text": "I would hire an accountant to help set this up, given the sums of money involved.  $53,000 would be the minimum amount of compensation needed to maximize the 401k. The total limit of contributions is the lesser of: 100% of the participant's compensation, or $53,000 ($59,000 including catch-up contributions) for 2015 and 2016. and they don't count contributions as compensation Your employer's contributions to a qualified retirement plan for you   are not included in income at the time contributed. (Your employer can   tell  you  whether  your  retirement  plan  is  qualified.) On the bright side, employer contributions aren't subject to FICA withholdings."}
{"_id": "290110", "title": "", "text": ""}
{"_id": "290113", "title": "", "text": "Agreed. I constantly think how much happier I'd be running my own business. Not even considering pay. But right now pay is what matters and I haven't acquired a skill that will give me a product masses will want or that I can afford to implement on my own."}
{"_id": "290116", "title": "", "text": "California has a GDP 60% larger than that of Texas, and this is only one quarter, so I really don't think cherry picked data for a 3 month time span proves dick.  And why don't we look at Kansas' growth, the real dream of supply side economics (while the state is being crushed by debt and an inability to raise funds). The point being if a state is run so poorly that it can't even provide basic services its only a matter of time before businesses leave to go to states that can provide things like roads and other infrastructure."}
{"_id": "290143", "title": "", "text": "Making juice with a juicer is expensive, too. I watch my gf put so much fresh fruit and veg into the juicer and get... one jar. It's really good juice but it was like $8 worth o produce to make.."}
{"_id": "290156", "title": "", "text": "That is a pretty exclusive club and for the most part they are not interested in highly volatile companies like Apple and Google. Sure, IBM is part of the DJIA, but that is about as stalwart as you can get these days. The typical profile for a DJIA stock would be one that pays fairly predictable dividends, has been around since money was invented, and are not going anywhere unless the apocalypse really happens this year. In summary, DJIA is the boring reliable company index."}
{"_id": "290160", "title": "", "text": "\"Wire transfers are not the same as ACH transfers.  I regular transfer money between Chase, Ally, Capital One 360 and Fidelity and have never been charged a fee because I never do wire transfers.  (The default for all these banks is ACH; you must explicitly choose wire transfers.) EDIT: to answer the modified question. https://www.depositaccounts.com/blog/difference-between-wire-transfer-and-ach.html \"\"One of the fastest ways to send money is via wire transfer. Although a wire transfer can take days, in most cases a wire transfer takes place within minutes. It is a direct bank-to-bank transaction that allows you to move money from your account directly into the account of someone else.\"\" \"\"While it may seem similar to a wire transfer, a transaction accomplished with the help of an automated clearing house (ACH) is not the same thing. ... When you arrange for the electronic transfer of funds, all of the information is included in a batch, which is then sent to the clearing house. All of the transactions in the batch are then handled by the clearing house, rather than as a direct bank-to-bank transaction. ... As a result, your money is not available as quickly as it often is with a wire transfer. The ACH process can be more convenient and is less expensive, but it also takes a little bit longer.\"\"\""}
{"_id": "290177", "title": "", "text": "Always fun to revisit old comments.  I do not reside on the right and have never voted for a Republican candidate.  Your idea is monumentally stupid. It rewards those who willfully disregarded America's legal system and subsequently punishes those that respected it.  America should not reward the immoral, regardless of the color they may happen to be.  Non-citizens who see themselves as above the law should be punished and sent home.   The polite thing to do next would be to allow them to wait in line like everyone else. The harsh thing would be to make a note of their hubris and ban them from ever applying."}
{"_id": "290182", "title": "", "text": "If you are inside of a ROTH IRA you are not getting taxed on any gain.  Dividends, distributions, interest payment, or capital gains are never taxed.  This, of course, assumes you wait until age 59.5 to do ROTH withdrawals on your gains."}
{"_id": "290184", "title": "", "text": "&gt;When a Business entity is so large and powerful its failure threatens the safety and well being of the nation it is based / present in.  Don't you think we should approach this issue from the other side and say that the government should be enforcing these restrictions pre-emptively? In other words, firms should be prevented from attaining 'too big to fail' status. It seems a bit controversial to me for a government to go in after the fact and forcefully break up a private company. Where was the government beforehand?  &gt;The government should be able to forcefully break up the company into smaller groups, or instate laws and regulations that promote competition and allow smaller businesses the ability to compete.  How is management distributed across the new entities? How is intellectual property distributed? It is easy to say we should break these companies up, but actually breaking them up is a nightmare. Each of the new companies will need a duplicate management structure, and invariably they will have to source outside resources to fill these roles. If one firm retains the more valuable management then it has an advantage over the other firm. The same goes for intellectual property, or any other rare or unique assets. Shareholders will not receive the same dividend yield from their shares because the two companies once split will lose out on some economies of scale. Should the government compensate shareholders for the lost value of their shares? If not, why not and how is this different from the government directly seizing assets of the shareholders even though they have not committed any crime? Bear in mind nearly every American citizen owns shares in these companies through their retirement funding and so any loss in market cap will affect normal people, not just rich investors.  &gt;National preservation.  Once again, I think we need to be asking a different question: how did these firms come to exist in the first place? Its one thing to turn around and plead to the government to break the firms up but it as the government itself which was asleep on the job and allowed the firm to reach this point anyway. Should we really trust the government (who let the firms come into being) to break them up again?"}
{"_id": "290228", "title": "", "text": "\"Chris's answer is a great start. Keep in mind that when you withdraw from a Roth IRA, you \"\"shrink\"\" the size of the IRA (i.e. if the start up flourishes, you can't put the $10k you withdrew back, as you're limited to ~$5k in contributions per year). You may want to consider funding your startup with a credit card (ideally a balance transfer of $10k at 0% interest).  If you need to, you can always pay your card off with your Roth balance, but if the startup takes off, your IRA is unharmed. (On a side note, I wouldn't feel comfortable quitting my job to do a startup with only $10k in savings, but to each his own!)\""}
{"_id": "290235", "title": "", "text": "This solution obviously wouldn't work for everyone, and is contingent on the circumstances of your parents' finances with regards to their house, but...  Have you considered buying your parents' house?  This way your parents' desire for you to get a house as an investment would be satisfied, they wouldn't have to worry about losing their home, and you might even be able to work out a financing/rent deal that is beneficial to everyone involved.  There are definitely fewer costs going this route anyway, for instance, your parents won't have any marketing costs associated with selling the house and could pass this savings along to you.  Also, having lived in the house for a large part of your life you will also know what you are getting in to."}
{"_id": "290236", "title": "", "text": "\"The confusion comes from ambiguity in popular belief -- that businesses are required to accept x_y_x as payment. In reality, a business can state the terms of a transaction to their pleasure. On the other hand, debt is different -- no lender can refuse cash or other legal tender for repayment of debt. Sometimes, people try to split hairs and argue \"\"Well, if I eat a steak and I owe the restaurant $100, they should have to accept my $100 as tender for the debt of my meal.\"\" Not true. The restaurant isn't giving you a line of credit, they're billing you after services rendered, and your payment is due on their terms.\""}
{"_id": "290240", "title": "", "text": "Point 9: Don't waste time on irrelevant stuff. Such as reading this article.   Proper business guys don't go to conferences and start up meets and read entrepreneur books. They just get on with it. You've either got it or you haven't.   I should have given up at the point he said you need to train your sales staff properly. Em, How about hiring the correct sales person to start with who already knows their stuff and doesn't need training? That'll gain you hundreds of thousands of dollars in sales instantly.   Written by a twenty something blogger who knows f*** all about doing business properly."}
{"_id": "290241", "title": "", "text": "\"Individual liberty and freedom are inalienable rights and that is what conservatism was built on. Conservative principles will always stand true. My time and how I choose to spend it is my natural born right. Using my time the way I want is my liberty so long as I am not obstructing another person's same  natural born rights. This is not an opinion. Again, these are what conservatives - not the Mitch McConnell, or Paul Ryan, or other slimy GOP party member types in Congress - believe in. Those crumbs want big government, too. You don't get the hypocrisy with conservative thinking that you get with the progressive (and current day democrat) thinking. Progressives and democrats believe in something called pro-choice. You probably already knew that. You know the \"\"my body, my choice\"\" slogan that baby terminators believe in? Well, tell me why that same slogan doesn't hold true when it comes to health care? \"\"My body, my choice\"\", am i right?  I think I am done here.\""}
{"_id": "290250", "title": "", "text": "Fusion Grill Dine &amp; Lounge is the Top Restaurant In Navi Mumbai for Hangout with Family or Friends. Fusion Grill Dine &amp; Lounge also offers the services as Vallet Parking, outdoor sitting, Smoking area, Private dining area, Line sport screening, and Wi Fi. For more information, Visit the website: http://fusiongrillcbdbelapur.co.in/ or call at: 9967405631"}
{"_id": "290252", "title": "", "text": "As one can see here, the world population is growing. Assuming worldwide demand for gold is a function of population, the question you have to ask is whether gold mining outpaces population growth. Just eyeballing it, I'd say they're about even although annual production is far noisier. Keep in mind that gold extraction is not an easy process though. At the end of the day, gold is only worth what you can trade it for, just like any other store of value."}
{"_id": "290265", "title": "", "text": "\"TL;DR - my understanding of the rules is that if you are required to register for GST (earning more than $75k per annum), you would be required to pay GST on these items. To clarify firstly: taxable income, and goods and services tax, are two different things. Any income you receive needs to be considered for income tax purposes - whether or not it ends up being taxable income would be too much to go into here, but generally you would take your expenses, and any deductions, away from your income to arrive at what would generally be the taxable amount. An accountant will help you do this. Income tax is paid by anyone who earns income over the tax free threshold. By contrast, goods and services tax is a tax paid by business (of which you are running one). Of course, this is passed on to the consumer, but it's the business that remits the payment to the tax office. However, GST isn't required to be charged and paid in all cases: The key in your situation is first determining whether you need to register for GST (or whether indeed you already have). If you earn less than $75,000 per year - no need to register. If you do earn more than that through your business, or you have registered anyway, then the next question is whether your items are GST-free. The ATO says that \"\"some education courses [and] course materials\"\" are GST-free. Whether this applies to you or not I'm obviously not going to be able to comment on, so I would advise getting an accountant's advice on this (or at the very least, call the ATO or browse their legal database). Thirdly, are your sales connected with Australia? The ATO says that \"\"A sale of something other than goods or property is connected with Australia if ... the thing is done in Australia [or] the seller makes the sale through a business they carry on in Australia\"\". Both of these appear to be true in your case. So in summary: if you are required to register for GST, you would be required to pay GST on these items. I am not a financial advisor or a tax accountant and this is not financial advice.\""}
{"_id": "290270", "title": "", "text": "so probably a stupid question but anyway.  Suppose I take a loan of 10lakhs INR(20k C$ or 15US$) in india for studying abroad.  and get a job after studying ther like 2-3 years later. How easily I can pay off the loan. Considering I can get a 50k c$ job and live frugally.   I think i could easily pay off the loan in a year or two. is that right. Or would I suffer and end up paying installments (right word?) every month for like 10 -15 years.  I know i may be exaggerating too much on latter part. But still. Would it be easy since currency is quite 'strong' as in you earn quite a good money for even a starting job or even minimum wage job.  Thank you"}
{"_id": "290293", "title": "", "text": "If you withdraw money, even under a hardship clause like for purchasing a house, you'll still own taxes and a penalty on it.  If you are talking about a 401K loan, a loan will have no taxes/penalty, but you'll repay the loan with after-tax reduction of your salary. Max is 50k or 50% of the balance. It maybe up to the 401K administrator whether all of the funds need to go to the down payment and closing costs or whether some can go towards renovations."}
{"_id": "290317", "title": "", "text": "As JoeTaxpayer illustrated, yes you can.  However, one thing to remember is that unless you live in a state with no state income tax, there may be state tax to pay on those gains.  Even so, it's likely a good idea if you expect either your income (or the federal capital gains tax rate) to rise in the future."}
{"_id": "290322", "title": "", "text": "It doesn't matter if you aren't maxing out your IRA contributions anyway.  If you are maxing out IRA contribution and you still have extra money to deposit then yes you better have all the money inevested, but if you aren't maxing out your contribution then it doesn't really mattter where you stick your emergency savings.  But if you fall into money later you will be glad you put your emergency in a roth."}
{"_id": "290325", "title": "", "text": "Have you considered social lending (for example: Lending Club)?"}
{"_id": "290340", "title": "", "text": "Depends on the incentives.    Reading the article there really doesn't seem to be any except a bit of convenience (mostly for the employer).      &gt;\u201cNow, instead of remembering hundreds of passwords, we\u2019ll be able to hold our hand over an RFID reader,\u201d says CEO Todd Westby.   Having the RFID chip stuck in a ring would get you close to the same level of usefulness.      It's a bit of a slippery slope, though.   I'd probably dig my heels in just on principle."}
{"_id": "290346", "title": "", "text": "Where is the best place to get a small loan? (~$200 at least). I have to pay off a speeding ticket and make a car payment, and my weekly check isn\u2019t going to cover it. I\u2019d like to get it ASAP. I don\u2019t know if it\u2019s better to go through my bank, a loan company, or wherever. I don\u2019t know if this question is applicable to this thread either, I just thought I could get some realistic information."}
{"_id": "290350", "title": "", "text": "If you know what bank your parents used, call them and ask. (Or you might have to go there and show id). Chances are if such an account exists, it would be at the same bank. You can also search for unclaimed property. Here's the information link for Florida."}
{"_id": "290352", "title": "", "text": "\"You're asking for opinions here, because it's a matter of how you look at it. I'll give it a shot anyway. For insurance purposes - there's a clear answer: you insure based on how much it would cost you to replace it. For some reason, you're considering as a possibility negotiating with the insurance company about that, but I've never heard of insuring something at a \"\"possible sales value\"\" unless you're talking about a one of a kind thing, or a particularly valuable artifact: art, jewelry, etc. That it would be appraised and insured based on the appraised value. Besides, most of the stuff usually loses value once you bought it, not gains, so insuring per replacement costs makes more sense because it costs more. As to your estimations of your own net worth to yourself - its up to you. I would say that something only worth what people would pay for it. So if you have a car that you just bought brand new, replacing it would cost you $X, but you can only sell it for $X-10%, because it depreciated by at least 10% once you've driven it off the dealer's lot. So I would estimate your worth as $X-10% based on the car, not $X, because although you spent $X on it - you can never recover it if you sell it, so you can't claim to have it as your \"\"net worth\"\".\""}
{"_id": "290353", "title": "", "text": "Why then did Ford (and the auto industry in general) suddenly decide to court such buyers?  Clearly when they felt they had a viable solution to the financing and could open up the market of buyers they were previously ignoring. If more sales are desired, surely the same can be accomplished with simply lowering prices? Millions of people have bad credit.  Apparently Ford thinks adding millions of people to the pool of potential buyers is more effective to boosting sales than discounting product for the pool of existing potential buyers."}
{"_id": "290368", "title": "", "text": "SMO Companies India is a reputed name in the field of digital marketing services. The company is dominated by technology combined with human expertise to craft innovative ideas for their clients in the internet marketing era. The company helps in Basic LinkedIn Promotion in India. The medium is being used by at least 300 million people across the world. It is a large playground for the professional world where connectivity and networking play dominant roles for promotion and link building activities.  http://smocompaniesindia.com/linkedin-marketing-plan.html"}
{"_id": "290379", "title": "", "text": "De Haardout Handelaar biedt het beste kwaliteit brandhout in Nederland. We hebben hout uit een breed scala aan natuurlijk hout zoals de Birchboom. Onze ovendroogde brandhout zorgt voor effici\u00ebntie tijdens het branden en is geschikt voor diverse doeleinden zoals open haarden. Het hout bevat minder vocht en biedt meer brandtijd. We gebruiken alleen ethisch afkomstig natuurlijk hout om brandhout van hogere kwaliteit te maken."}
{"_id": "290383", "title": "", "text": "\"Perhaps you can track your VAT amounts in a Liability account.  Using a tax liability account is a common thing in accounting. To do this, when you receive money, split the transaction such that your actual revenue (which you will keep after VAT remittance) goes into an Asset account, and the amount you will eventually have to pay back to the state goes into a Liability account.  Later, when you pay the VAT back to the state, your transaction will effectively \"\"pay back\"\" the liability, with one end of your double-entry decreasing the funds in your checking account, and the other end decreasing the funds in your tax liability account. Having said that, I've found that there are many shortcomings in the Cash Flow report, and I'm not sure that using a tax liability account (which I think is the Right Thing to do) will necessarily solve this problem for you...\""}
{"_id": "290385", "title": "", "text": "\"Answers: 1. Is this a good idea? Is it really risky? What are the pros and cons? Yes, it is a bad idea. I think, with all the talk about employer matches and tax rates at retirement vs. now, that you miss the forest for the trees. It's the taxes on those retirement investments over the course of 40 years that really matter. Example: Imagine $833 per month ($10k per year) invested in XYZ fund, for 40 years (when you retire). The fund happens to make 10% per year over that time, and you're taxed at 28%. How much would you have at retirement? 2. Is it a bad idea to hold both long term savings and retirement in     the same investment vehicle, especially one pegged to the US stock     market? Yes. Keep your retirement separate, and untouchable. It's supposed to be there for when you're old and unable to work. Co-mingling it with other funds will induce you to spend it (\"\"I really need it for that house! I can always pay more into it later!\"\"). It also can create a false sense of security (\"\"look at how much I've got! I got that new car covered...\"\"). So, send 10% into whatever retirement account you've got, and forget about it. Save for other goals separately.  3. Is buying SPY a \"\"set it and forget it\"\" sort of deal, or would I need     to rebalance, selling some of SPY and reinvesting in a safer vehicle     like bonds over time? For a retirement account, yes, you would. That's the advantage of target date retirement funds like the one in your 401k. They handle that, and you don't have to worry about it. Think about it: do you know how to \"\"age\"\" your account, and what to age it into, and by how much every year? No offense, but your next question is what an ETF is! 4. I don't know ANYTHING about ETFs. Things to consider/know/read? Start here: http://www.investopedia.com/terms/e/etf.asp 5. My company plan is \"\"retirement goal\"\" focused, which, according to     Fidelity, means that the asset allocation becomes more conservative     over time and switches to an \"\"income fund\"\" after the retirement     target date (2050). Would I need to rebalance over time if holding     SPY? Answered in #3. 6. I'm pretty sure that contributing pretax to 401k is a good idea     because I won't be in the 28% tax bracket when I retire. How are the     benefits of investing in SPY outweigh paying taxes up front, or do     they not? Partially answered in #1. Note that it's that 4 decades of tax-free growth that's the big dog for winning your retirement. Company matches (if you get one) are just a bonus, and the fact that contributions are tax free is a cherry on top. 7. Please comment on anything else you think I am missing I think what you're missing is that winning at personal finance is easy, and winning at personal finance is hard\""}
{"_id": "290387", "title": "", "text": "Many people call my story a happy one. I smile and say thank you but never once do I feel giddy. The past is still with me. The same is true for Steve. Brett and Steve\u2019s first wife, Pam, and the lives and children we created with them, live on."}
{"_id": "290391", "title": "", "text": "In most mutual funds you delegate voting rights to the investment manager.  The securities are typically held by a third party bank as part of the requirements for Securities Investor Protection Corporation (SIPC).  You own equity in that mutual fund, which owns the shares (but are held by a third party); you don't have direct ownership as in most cases that would result in you owning fractions of shares."}
{"_id": "290407", "title": "", "text": "Mervis Diamonds is a family business specializing in diamond engagement rings and other fine diamond jewelry with a goal to augment life's special moments with high quality pieces that last a lifetime.Their diamonds come with a certificate of their value. Finding your perfect piece of diamond can be a blissful and hassle-free experience with them."}
{"_id": "290418", "title": "", "text": "These big companies are the cause of the worlds angsts at the moment. When growth stops in your domestic market where do you look and who do you lobby to get them to open up borders and create trade deals.  The governments are vaguely held hostage by these megacorps and are killing off smaller startups. Its not a good situation at all."}
{"_id": "290434", "title": "", "text": "\"If by \"\"investment\"\" you mean something that pays you money that you can spend, then no. But if you view \"\"investment\"\" as something that improves your balance sheet / net worth by reducing debt and reducing how much money you're throwing away in interest each month, then the answer is definitely yes, paying down debt is a good investment to improve your overall financial condition. However, your home mortgage might not be the first place to start looking for pay-downs to save money.  Credit cards typically have much higher interest rates than mortgages, so you would save more money by working on eliminating your credit card debt first. I believe Suze Orman said something like: If you found an investment that paid you 25% interest, would you take it?  Of course you would!  Paying down high interest debt reduces the amount of interest you have to pay next month.  Your same amount of income will be able to go farther, do more because you'll be paying less in interest. Pay off your credit card debt first (and keep it off), then pay down your mortgage. A few hundred dollars in extra principal paid in the first few years of a 30 year mortgage can remove years of interest payments from the mortgage term. Whether you plan to keep your home for decades or you plan to move in 10 years, having less debt puts you in a stronger financial position.\""}
{"_id": "290441", "title": "", "text": "\"Thank God you have your child back, it is so awesome that you finally found a medical treatment that worked.  It must have been a truly trying time in your lives.   That situation is an important template in personal finance.  Through no fault of your own, a series of events occurred that caused you to spend far more money then you anticipated.  Per your post this was complicated by lost income due to economic situations.   What is to say that this does not happen again in the future?  While we can all hope that our child does not get sick, there are other events that could also fit into this template. Because of this I hate all options you present.  Per your post, you are pretty thin with free cash flow and have high income, and yet you are looking to borrow more.  That is a recipe for disaster with it being made worse as you are considering putting your home at risk. The 20K per year per kid sounds like a live at the university state school; or, a close by private school.  Your finances do not support either option.  There are times when the word \"\"No\"\" is in order when answering questions.   Doing a live at home community college to university will cost you a total of about 30K per kid rather than the 80K you are proposing.  Doing this alone will greatly reduce the risk you are attempting to assume.  Doing that and having your child work some, you could cash flow college.  That is what I would recommend. Given that you are so thin, you will also have to put constraints on college attendance.  No changing major three times, only majors with an employable skills, and studying before partying.  It may be worth it to wait a year of two before attending if a decision cannot be made. I was in a similar situation when my son started college.  High income, but broke.  He worked and went to a community college and was able to pay for the bulk of it himself.  From there he obtained a job with a healthy salary and completed his degree at the University.  It took him a little longer, but he is debt free and has a fantastic work ethic.\""}
{"_id": "290452", "title": "", "text": "In principle, when you are the sole owner of a limited company, and also the sole employee, then it is much easier to assume that someone else is the employee. Let's say your twin brother John Adler.  John Adler receives a salary from David Adler's company. Of course John has to pay income tax on his salary. Absolutely in the UK, and in Estonia as well if they have any sensible tax laws at all (which I assume but don't know for sure).  Then there is the company. It's profit equals revenue, minus cost. You said \u00a34000 revenue, and John Adler's salary, plus anything the company has to pay on top of the salary, is cost, which is subtracted from the revenue to calculate profit. In the UK, the company pays 20% corporation tax on those profits, and the rest stays in its bank account (or may be in goods that the company purchased).  Where does David Adler come in? He owns the company, but doesn't work for it and gets no salary. He owns the company, but he does not own the company's money. He can't just help himself to the money. He can get a loan from the company, and is personally responsible for repaying that loan. If it's not repaid, HMRC will be very angry which will hurt. Or he can pay himself a dividend, and pays dividend tax on it. Or of course he can leave the money in the company.  That's exactly how it works in the UK, and I would assume Estonia to be similar. And of course if it's not the twin brother who is the employee, but the OP himself, then the situation is exactly the same."}
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{"_id": "290461", "title": "", "text": "&gt; Microsoft has done a great job with their cloud platforms, revamping the microsoft office suite to compete with google's, their entire surface line of laptops and tablets, purchasing linkedin, etc.  I don't understand the economics of the cloud platforms. I've heard some people say there could be an excess capacity problem like there was 20 years ago with fiber. Is that possible?"}
{"_id": "290468", "title": "", "text": "Technically yes, in most cases you'll probably get all the AMT you pay for exercising in-the-money incentive stock options (ISOs) credited back to you. Practically, however, inflation could significantly reduce the value of the money when you get it back. Remember you can only recover the differential between regular income tax and the tentative minimum tax (TMT) each year. Depending on your situation, that could be a few thousand dollars or less, in which case $50k of AMT credit would take a while to use up. However, as you point out, if you end up selling your shares you'll likely use up all your AMT credit that year. So yes, you'd probably get your $50k of AMT back, but a lot of people don't have that much to tie up in taxes for an extended period of time."}
{"_id": "290490", "title": "", "text": "It does not matter. Your credit score is affected by late payments, by credit usage and by age of credit. DO NOT PAY LATE.  Paying early is only good in that it means you don't pay late. Your credit usage is calculated by percentage of the credit you have that you actually use.  Keep your usage to under 20% of your limit and you look great as a credit risk as you have lots of buffer."}
{"_id": "290499", "title": "", "text": "Here's a pretty comprehensive data source on immigration trends: http://www.keepeek.com/Digital-Asset-Management/oecd/social-issues-migration-health/international-migration-outlook-2017_migr_outlook-2017-en#.WazX28aB2gA#page18  On page 18 there's a table when you can compare the net immigration flows to the EU and to the US.  The EU net immigration annually is roughly double that of immigration to the US.  For people of immigration origin the US has more; EU figure is 35M.  Source: http://ec.europa.eu/eurostat/statistics-explained/images/1/10/Foreign-born_population_by_country_of_birth%2C_1_January_2016_%28\u00b9%29.png  The US had roughly 43.3M people of immigration origin in 2015.  Source: http://www.migrationpolicy.org/article/frequently-requested-statistics-immigrants-and-immigration-united-states  My point being - there is plenty of incoming cheap work force available in all rich countries. The structure of the US service economy cannot be explained with supply of work force."}
{"_id": "290505", "title": "", "text": "The benefit, as other answers have mentioned, is higher interest rates than are available compared to other comparable options.  My bank keeps spamming me with offers for a sub 1% APR savings account that only requires a $10,000 balance, for example.  While CDs and similar safe investments don't seem like they offer much value now (or in the recent past), that's because they strongly correlate to the federal funds rate, which is near historic lows.  See the graph of CD rates and the federal funds rate, here. You may have felt differently in July of 1984, when you could get a 5 year CD with an APR above 12%.  As you can see in this graph of historical CD yields, it hasn't always been the case that CDs offered such small returns.  That being said, CDs are safe investments, being FDIC insured (up to the FDIC insurance limits), so you're not going to get great rates from one, because there's basically no risk in this particular type of investment.  If you want better rates, you get those by investing in riskier instruments that have the possibility of losing value."}
{"_id": "290508", "title": "", "text": "\"As far as I can recall, savings and chequing accounts exist due to regulations on the banking industry that put were into effect after the depression to prevent a \"\"run\"\" on the bank.   A chequing account is a \"\"demand\"\" account, meaning you can go and demand your money, and they have to pay immediately, by means of a withdrawal or a cheque.  Banks used to get out of hand and loan out pretty much all the money they had on deposit, and of course those people with loans just put the money they borrowed into another chequing account and the bank loaned that out to someone else.  The money that people believed they had access to multiplied indefinitely.  However, when everyone goes to take that money out at the same time, you have a run on the bank.  Therefore, government regulations stipulate a % that the bank must have on-hand.  The typical number is 5%.  That effectively limits the money multiplier to 19 times. Savings accounts get around this restriction by putting limits on how much and how quickly you can withdraw the amounts.  They pay you more interest because the money in a savings account is worth more to them, because it's not subject to those restrictions. Some chequing accounts pay interest, but you have to maintain a minimum balance.  Some savings accounts allow you to write cheques, but I assume the withdrawal limitations probably still apply. There's also something to do with deposit insurance (as in, the chequing accounts are covered by government deposit insurance, but savings accounts are not).  I'm not 100% certain of that though.\""}
{"_id": "290511", "title": "", "text": "All the time. Unless you work for shitty companies. In my 6 years working in IT, unless you are abusing leaving office early or coming a little late. No one would really care. Shitty companies are shitty and you probably want to leave as soon as you can."}
{"_id": "290524", "title": "", "text": "A brief time off, often 7-12 weeks is called a sabbatical. What you propose is far beyond that and unless you have it well planned out, you risk burning through all your savings and perhaps more.  Most of us are planning a retirement and have some idea of the savings needed. You first need to plan this 2-3 year hiatus, and then for both of you to get rehired, and start the savings again. I envy anyone who can manage to do this while they are young enough to enjoy it."}
{"_id": "290525", "title": "", "text": "\"They already do, it is just sneaky how it is done.  They have created a system with healthcare where we pay up to three times more per capita than any other western country.  They do this by setting up particular legislation and shutting down public options (and anything else that might cut out administration and executive profits).  They don't need to directly tax us in order to keep an unreasonable amount of money flowing to corporate executives and wealthy share holders.  That is without even getting into pharmaceutics and prohibition legislation.  One way they could easily keep money flowing to Hollywood, would be an additional tax refund that applies to \"\"legitimate\"\" entertainment costs.  Or perhaps doing as Canada does and adding taxes to storage media.  They can also continue to cut web freedom, options and bandwidth.  Every bit of legislation I see come down the pipe (with only a couple of notable exceptions, such as dadt) has been about protecting profits for the top of the economic pile, at the expense of everyone else.  EDIT:  I would also like to mention that our taxes already fund healthcare, and in fact, we pay so much that we could have a universal system already just with the money we spend via taxes.  It is so hyper-inflated because of the vast amount of profit built into the system at all levels.  http://www.kff.org/insurance/snapshot/OECD042111.cfm http://www.cbpp.org/cms/index.cfm?fa=view&amp;id=1258  We have to cut out admin and profits to the hyper-wealthy if we wish to have a reasonable healthcare system.  This chart in particular shows the problem.  http://www.kff.org/insurance/snapshot/images/OECDChart3_1.gif  This was just in 2008, costs have increased since then at the accelerated rate.  So yes, the oligarchy has ways of making us pay without introducing specific new taxation.\""}
{"_id": "290560", "title": "", "text": "This is a tech company where they are doing stuff for future, when elect cars become popular tesla will skyrocket and dominate the sector, think of how much cash they will make if they dominate the car market. Only logical way to criticize the situation of Tesla is to assume electronic cars wont make it and never be used otherwise comparing to companies who make extreme profits is stupid."}
{"_id": "290562", "title": "", "text": "Edited to incorporate the comments elsewhere of @Atkins Assuming, (apparently incorrectly) that duration is time to maturity: First, note that the question does not mention the coupon rate, the size of the regular payments that the bond holder will get each year.  So let's calculate that. Consider the cash flow described.  You pay out 1015 at the start of Year #1, to buy the bond.  At the end of Years #1 to #5, you receive a coupon payment of X.  Also at the end of Year #5, you receive the face value of the bond, 1000.  And you are told that the pay out equals the money received, using a time value of money of 4.69% So, if we use the date of maturity of the bond as our valuation date, we have the equation: Maturity + Future Value of coupons = Future value of Bond Purchase price 1000 + X *( (1 + .0469)^5-1)/0.0469 = 1015 * 1.0469^5 Solving this for X, we obtain 50.33;  the coupon rate is 5.033%.  You will receive 50.33 at the end of each of the five years.   Now, we can take this fixed schedule of payments, and apply the new yield rate to the same formula above;  only now, the unknown is the price paid for the bond, Y. 1000 + 50.33 * ((1 + 0.0487)^5 - 1) / .0487 = Y * 1.0487^5 Solving this equation for Y, we obtain: Y = 1007.08"}
{"_id": "290568", "title": "", "text": "\"At my soon to be legendary Stock Options Cafe, I recently wrote an article \"\"Betting On Apple at 9 to 2.\"\"  It described a trade in which a 35% move in a stock over a fixed time (2 years) would result in a 354% gain in one's bet. In this case, the options serve to create remarkable leverage for speculators. In general, option help provide liquidity and extend the nature of the risk/reward curve.  There are option trades that range from conservative (e.g. a 'covered call') to wildly speculative, as the one I described above.\""}
{"_id": "290579", "title": "", "text": "\"You want to combine a set of techniques to avoid throwing food away. Consider setting aside a weekend day or other non-busy time to do some food prep.  Check to see if there is anything in the fridge that needs to be used quickly and prioritize meals that use that item.  Make a weekly menu and get your groceries.  Chop all the vegetables and fruits you need for the week's meals.  Cook meats that can be cooked in advance.  Chefs call the concept of having everything ready for making a meal \"\"mis en place.\"\"  Try to do yours in advance to energize you for cooking and also make you more likely to cook on those nights you've been at the office late. Get to know and love your freezer.  Buy frozen meat in bulk and portion individually (wrap 1/2 lb blocks of ground beef and chicken pieces in foil then store in freezer bags, for example).  Get frozen packaged fish fillets for seafood.  Boil a whole chicken, shred the meat, and have on hand for easy meals like tacos, enchiladas, chicken pot pie, pasta, etc.  Do the same with beef roasts or pork shoulder for pulled pork, etc.  Freeze vegetables and fruits if you can't use them in time (or buy frozen vegetables to begin with).  You can even consider making dumplings like perogis or pelmeni and freezing for a homemade alternative to a frozen food aisle meal.  You can even go all the way with freezer cooking. Cook with shelf-stable items.  Rice, pasta, beans, lentils, canned goods, and other items can be made into major components of a meal. When you do buy something perishable that doesn't freeze well, try to utilize it in more than one of your meals for the week.  This works well for items like fresh herbs. If you don't want to spend a lot of time cooking, a source like stonesoup is a great place to start - many recipes there can be finished in under 10 minutes, most are five ingredients or less, and all are tasty and good for you. This question from Seasoned Advice has a lot of great suggestions, although geared towards a college student, that you should consider.\""}
{"_id": "290581", "title": "", "text": "One of my previous landlords did the same thing. He was politically conservative and outspoken enough to admonish his renters that if the Democrat candidate won, taxes would likely go up, and he would pass the additional cost from his higher taxes onto them in the form of rent increases."}
{"_id": "290584", "title": "", "text": "There may be specific answers that can be determined based on the interest rates, amounts, tax provisions, etc. But I'm here to tell you... It is much easier (i.e., less stressful) to own a home when you have less debt. Pay off any and every debt you can before purchasing a home because there will always be something requiring you to spend money once you own one."}
{"_id": "290585", "title": "", "text": "In simple terms, inflation is a result of too much money chasing too few goods, i.e. there is an imbalance between demand and supply. The demand exceeds the supply. With all other things being constant it leads to increase in price, i.e. inflation."}
{"_id": "290614", "title": "", "text": "\"K-12 teachers never make six figure sums.   Professors in universities sometimes do, but for every professor that makes a lot of money there are probably dozens of nontenured faculty who are barely making enough to feed themselves and put gas in their cars.  The real reason the big corporate interests want to privatize US education is to use all those jobs as bargaining chips in globalization. that has been their plan for decades, they tried to do it in GATS, which could be seen as the first major attack on public services. That was in 1995.   But GATS \"\"Mode Four\"\" was not used extensively because it had a minimum of I think $800k worth of the contract- so for structural reasons its never caught on.   So now [they have rolled out TiSA](https://www.youtube.com/watch?v=2_pPqnbXpA4) which is supposed to be the biggest trade agreement on services to date.. Its going to effect a huge number of people in the US, the EU, and Australia. More than half of all jobs are service jobs. But its priorities seem to be all wrong.  I am sure there are other, better ways for US companies to be afforded \"\"national treatment\"\" in the rapidly growing developing countries than TiSA.  For example, [ISDS is truly horrible](http://tpplegal.files.wordpress.com/2012/05/isds-domestic-legal-process-background-brief.pdf).  The financial chapter - which Wikileaks published an older draft of. is what people have focused on - It is like a laundry list of VERY bad ideas rolled into one. But, financial services are just a tiny part of Tisa. the most destructive part is the [attack on the few remaining public services](http://www.world-psi.org/en/psi-special-report-tisa-versus-public-services) which have survived GATS.\""}
{"_id": "290624", "title": "", "text": "Just the Y-axis is manipulated, doesn't make it garbage. How else would you graphically demonstrate the strong correlation all in one graph given that the levels of the two series differ so much ... Would it be more convincing if he gave you the correlation coefficient over the relevant period (which I bet would be pretty close to 1 and would convey the same point as the graph)."}
{"_id": "290631", "title": "", "text": "Morpheus, I think you are approaching this question the wrong way. The interest rate is not the most important consideration; you also need to consider the other characteristics of the investment. Money in a bank account is very liquid; you can do anything you want with it. Equity in a house is very illiquid; it is hard and expensive to access. Let's say you have $25,000 to either go towards a bigger downpayment or to invest. What happens if you lose your job? If you have $25,000 in the bank, you have a lot of flexibility; you can pay a mortgage for a number of months, or you could use it to relocate. If you put the money in the house, you cannot access it at all; without a job you can't refi or get a home equity loan. Your only recourse would be to sell the house, which might not be possible if there are systemic issues (such as the ones in the real estate crash). Even if you can refi or get a home equity loan, you will have to pay fees. My advice is to put the money somewhere else. If your term is long (say, 10 years or so), I would put the money in an index fund."}
{"_id": "290637", "title": "", "text": "\"&gt; Because if someone gets hurt they may require medical care. Also, there is currently no hard definition of \"\"stoned\"\" and drug tests do not show if someone is \"\"stoned\"\" or not, just that they have used the drug at sometime in the past.   Which is why you minimize the risk by accepting more false positives.\""}
{"_id": "290643", "title": "", "text": "\"Happy cake-day!  The gap/disconnect in your argument is that the \"\"legal tender\"\", i.e., the money *itself*, is debt.   Whether you use green pieces of paper, or yellow metal discs, or a credit-card authorization, you are not giving the seller a pair of shoes to wear, or putting braces on their kids, or fixing their roof for them. You are giving them an IOU, a marker, that they can redeem for that stuff.   \"\"Legal tender\"\" just means debt that anyone will redeem. When you give someone a dollar, it is exactly the same as giving them a hand-written IOU that says \"\"bearer entitled to one pack of gum\"\" (or one cheeseburger, or one  can of coke, or 1/40,000th of a Mercedes, or whatever). The only difference between your handwritten promise to make good on demand versus a printed dollar bill, is in the credibility of issuing authority, and the willingness of other people to accept it.   &gt; You can come into my store and I can insist that today I'll only accept euros. Or jelly beans. Or I can choose to simply not do business with you. We are two free people who are under no obligation to do business with each other, and if we choose to, how we choose to remunerate each other for that business is completely up to us.  This is absolutely true. If I trade you a head of cabbage for a pair of shoelaces, there is no money involved, and no debt.\""}
{"_id": "290646", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://techcrunch.com/2017/07/26/amazon-prime-now-launches-in-singapore-its-first-market-in-southeast-asia/) reduced by 67%. (I'm a bot) ***** &gt; The Amazon apps went live in Singapore early last night local time, and Prime Now - an aggressive two-hour delivery service - is available to Singapore&amp;#039;s population of more than five million people from today.  &gt; The launch includes &amp;quot;Tens of thousands of items&amp;quot; but it isn&amp;#039;t the full Prime offering, which Amazon said will be available &amp;quot;Soon&amp;quot; in Singapore.  &gt; &amp;quot;This is the first time we&amp;#039;re offering Prime Now to an entire country. Singapore allows us to launch to the whole country at the same time, but when you look at the Singapore consumer, at Singapore - it being urban, a great metropolitan city, people are very tech-savvy, it makes a great match with the Prime Now value proposition,&amp;quot; Henry Low, who is Amazon&amp;#039;s Director of Prime Now in Asia Pacific, told CNET in an interview.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q163k/amazon_prime_now_launches_in_singapore_its_first/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177470 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Amazon**^#1 **Singapore**^#2 **Prime**^#3 **service**^#4 **back**^#5\""}
{"_id": "290647", "title": "", "text": "If you're looking for a purely financial answer (ignoring the social/environmental aspects) there are a few different ways you can look at it. For these types of improvements the simplest is a payback calculation.  How long would it take you to recoup the initial costs?   For example, if the entire installation cost $5,000 (including any tax credits), and you save $100 per month (I'm making both numbers up), you'll pay back your investment in 50 months, or about 4 years.   (Note that if you borrow money to do the improvement, then your payback period is longer because you're reducing the amount that you're saving each month by paying interest.) If you're deciding between different uses for the money (like investing, or paying down other debt) then you can look at the return that you're getting.  Using the same example, you are spending $5,000 and getting $100 per month back, for a 24% annual return ($1,200 / $5,000), which is better than you can get on almost anything but a 401(k) match (meaning don't stop your 401(k) contributions to do this either). The decision on whether or wait or not then becomes - will the price drop faster than the amount of savings you will realize.  So if you will save $100 per month in your electric bill, is the price of the complete installation going down by more than $100 each month?  If not, you'd be better off buying now and start paying back the investment sooner."}
{"_id": "290659", "title": "", "text": "\"It is illegal because laws are written by people, and laws of stock trade are written, in part, to make it appear \"\"fair\"\" and thus contribute to the willingness of the people to invest their money in that particular venue. Profiting from information on the stock market that some people have and some can't have is considered \"\"unfair\"\", since it presumably excludes the latter from profit-making opportunities and thus makes their trades less profitable than otherwise. Since it is universally felt so, people made laws that prohibit such behavior.  I am not aware of any research that shows beyond doubt that allowing insider trading would really ruin stock markets, but such thing would be very hard to prove. There are arguments to both sides, and the side that supports prohibiting such trade has a clear majority, so it is prohibited.\""}
{"_id": "290664", "title": "", "text": "I got paid less than Walmart's starting rate while working an hourly position at Kohl's and at Target, so I've never understood the overwhelming distaste for Walmart's employee treatment. Is it more of how managers at the store level treat employees rather than their pay?"}
{"_id": "290670", "title": "", "text": "I get the point you are trying to make, but Walmart is a multi billion dollar company, this would never happen, even if Amazon tried, Walmart could outbid them.  Net neutrality protects the small companies that can't throw around millions of dollars. If you were to create a startup to compete with Amazon or Walmart, without net neutrality they could pay to throttle your website and effectively kill your business."}
{"_id": "290687", "title": "", "text": "I would suggest opening a new account (credit card and bank) for just your business. This protects you in multiple ways, but is no bigger burden for you other than carrying another card in your wallet.  Then QB can download the transactions from your website and reconciling is a cinch. If you got audited, you'd be in for a world of pain right now.  From personal experience there are a few charges that go unnoticed that reconciling finds every month at our business.  We have a very strict process in place, but some things slip through the cracks."}
{"_id": "290691", "title": "", "text": "\"I'm guessing since I don't know the term, but it sounds like you're asking about the technique whereby a loan is used to gather multiple years' gift allowance into a single up-front transfer. For the subsequent N years, the giver pays the installments on the loan for the recipient, at a yearly amount small enough to avoid triggering Gift Tax. You still have to pay income tax on the interest received (even though you're giving them the money to pay you), and you must charge a certain minimum interest (or more accurately, if you charge less than that they tax you as if the loan was earning that minimum). Historically this was used by relatively wealthy folks, since the cost of lawyers and filing the paperwork and bookkeeping was high enough that most folks never found out this workaround existed, and few were moving enough money to make those costs worthwhile. But between the \"\"Great Recession\"\" and the internet, this has become much more widely known, and there are services which will draw up standard paperwork, have a lawyer sanity-check it for your local laws, file the official mortgage lien (not actually needed unless you want the recipient to also be able to write off the interest on their taxes), and provide a payments-processing service if you do expect part or all of the loan to be paid by the recipient. Or whatever subset of those services you need.  I've done this. In my case it cost me a bit under $1000 to set up the paperwork so I could loan a friend a sizable chunk of cash and have it clearly on record as a loan, not a gift. The amount in question was large enough, and the interpersonal issues tricky enough, that this was a good deal for us. Obviously, run the numbers. Websearching \"\"family loan\"\"  will find much more detail about how this works and what it can and can't do, along with services specializing in these transactions. NOTE: If you are actually selling something, such as your share of a house, this dance may or may not make sense. Again, run the numbers, and if in doubt get expert advice rather than trusting strangers on the web. (Go not to the Internet for legal advice, for it shall say both mu and ni.)\""}
{"_id": "290704", "title": "", "text": "Assumptions 1 & 2 are correct. Plus you will improve on credit score. The only disadvantage is if you get lax about it and overspend beyond your limit ... Plus a small risk of fraud of card transactions ..."}
{"_id": "290711", "title": "", "text": "It's not native functionality, but you could probably do it. You could create a fake security/currency for the meter type (kWh, whatever gas/water get measured in ). Updating would be a pain, though. You'd have to go read it and enter the data manually -- unless it was a smart meter, and then you could probably build some sort of script for it. In terms of figuring how much to pay -- maybe have an account in liabilities for stuff you haven't paid for yet, and another in assets for what you have paid for? This seems like it could be a lot more complicated than it's worth."}
{"_id": "290714", "title": "", "text": "Pulling money out of a credit card is generally a bad idea.  You'll be hit with interest from day 1, and some credit cards have cash advance fees on top of that. If you are really desperate for running up an automatic charge on your credit card to maintain use, then you have a few options: Personally, the charity route makes the most sense to me.  You can probably set up an automatic donation of less than 5 quid, and it may be tax deductible to boot.  Plus, you're helping an organization that (hopefully) is doing some good in the world."}
{"_id": "290725", "title": "", "text": "I disagree. Compensation is linked to a lot of factors, many of them too intangible to quantify in a simple 8-step chart. Maybe this works fine in a (very) small company. It would be very difficult to maintain in any large organization, and I would imagine that it makes recruiting good talent much harder.  I can see certain benefits too, but look - as an employee, I want to work in an environment where I can advocate for myself and, occasionally, negotiate for better compensation. Some people aren't good at these things, and frankly, that sucks for them. I'll eat their lunch if they let me."}
{"_id": "290750", "title": "", "text": "Yes that is actually on the win side for ebooks. The only thing is I'm not sure you can leave your account to your heirs but they probably don't feel like dealing with your big physical library of things they don't care about - so not really much loss there."}
{"_id": "290757", "title": "", "text": "Rs 10,000 is a small but good amount to begin with. I would suggest you start by investing in some good mutual funds. Do some research, a balance mutual fund is less risky less returns compared to a equity mutual fund. The other option is directly investing in stock market, however this needs some experience and you would need to open demat and trading accounts that would cost money to open and maintain."}
{"_id": "290758", "title": "", "text": "Why is this in /r/business?   Also, this has been posted (and reposted by same guy) in a [quite](http://www.reddit.com/r/TrueReddit/comments/mw542/the_signals_may_be_faint_but_they_are_consistent/) [a](http://www.reddit.com/r/China/comments/mu6za/how_organ_harvesting_from_political_and_religious/) [few](http://www.reddit.com/r/news/comments/mtew2/the_xinjiang_procedure_chinese_medical/) other reddits with mixed reaction, probably b/c of the sensationalist and neo-con agenda.   Not trying to diminish what's happening, if true, just saying this has been debated quite a bit in other places already."}
{"_id": "290767", "title": "", "text": "I've been doing healthcare financial consulting for a few years now and I was going to start studying to take CFA Level I and slowly change industries, but ended up learning programming instead. At this point in my career, I'll be way too far behind if I don't solely focus on increasing technical skills related to programming and data science.   I think this is the point in time where if you don't start gaining experience and skills in those areas, any professional field is going to be out of reach in 5 years or so. For healthcare finance, no one will care that you have 10+ years of experience with the industry. If you can't turn the experience into useful data analysis, then no firm is going to want you.  Right now, our firm has moved from the typical pyramid structure with tons of analysts on the bottom and a few high-level consultants at the top towards more of a balloon. Most of our staff are in the middle-tier and we are all with varying level of experience but our real selling point is how we are able to collect and process a hospital's data. I feel like I started working at a typical small finance firm and now I work at a typical SaaS style startup. So, we can feel it in other financial fields, so I'm sure you equity folks are going to have the same experiences."}
{"_id": "290782", "title": "", "text": "\"Zero? Ten grand? Somewhere in the middle? It depends. Your stated salary, in U.S. dollars, would be high five-figures (~$88k). You certainly should not be starving, but with decent contributions toward savings and retirement, money can indeed be tight month-to-month at that salary level, especially since even in Cardiff you're probably paying more per square foot for your home than in most U.S. markets (EDIT: actually, 3-bedroom apartments in Cardiff, according to Numbeo, range from \u00a3750-850, which is US$1200-$1300, and for that many bedrooms you'd be hard-pressed to find that kind of deal in a good infield neighborhood of the DFW Metro, and good luck getting anywhere close to downtown New York, LA, Miami, Chicago etc for that price. What job do you do, and how are you expected to dress for it? Depending on where you shop and what you buy, a quality dress shirt and dress slacks will cost between US$50-$75 each (assuming real costs are similar for the same brands between US and UK, that's \u00a330-\u00a350 per shirt and pair of pants for quality brands). I maintain about a weeks' wardrobe at this level of dress (my job allows me to wear much cheaper polos and khakis most days and I have about 2 weeks' wardrobe of those) and I typically have to replace due to wear or staining, on average, 2 of these outfits a year (I'm hard on clothes and my waistline is expanding). Adding in 3 \"\"business casual\"\" outfits each year, plus casual outfits, shoes, socks, unmentionables and miscellany, call it maybe $600(\u00a3400)/year in wardrobe. That doesn't generally get metered out as a monthly allowance (the monthly amount would barely buy a single dress shirt or pair of slacks), but if you're socking away a savings account and buying new clothes to replace old as you can afford them it's a good average. I generally splurge in months when the utilities companies give me a break and when I get \"\"extra\"\" paychecks (26/year means two months have 3 checks, effectively giving me a \"\"free\"\" check that neither pays the mortgage nor the other major bills). Now, that's just to maintain my own wardrobe at a level of dress that won't get me fired. My wife currently stays home, but when she worked she outspent me, and her work clothes were basic black. To outright replace all the clothes I wear regularly with brand-new stuff off the rack would easily cost a grand, and that's for the average U.S. software dev who doesn't go out and meet other business types on a daily basis. If I needed to show up for work in a suit and tie daily, I'd need a two-week rotation of them, plus dress shirts, and even at the low end of about $350 (\u00a3225) per suit, $400 (\u00a3275) with dress shirt and tie, for something you won't be embarrassed to wear, we're talking $4000 (\u00a32600) to replace and $800 (\u00a3520) per year to update 2 a year, not counting what I wear underneath or on the weekends. And if I wore suits I'd probably have to update the styles more often than that, so just go ahead and double it and I turn over my wardrobe once every 5 years. None of this includes laundering costs, which increase sharply when you're taking suits to the cleaners weekly versus just throwing a bunch of cotton-poly in the washing machine. What hobbies or other entertainment interests do you and your wife have? A movie ticket in the U.S. varies between $7-$15 depending on the size of the screen and 2D vs 3D screenings. My wife and I currently average less than one theater visit a month, but if you took in a flick each weekend with your wife, with a decent $50 dinner out, that's between $260-$420 (\u00a3165-270) monthly in entertainment expenses. Not counting babysitting for the little one (the going rate in the US is between $10 and $20 an hour for at-home child-sitting depending on who you hire and for how long, how often). Worst-case, without babysitting that's less than 5% of your gross income, but possibly more than 10% of your take-home depending on UK effective income tax rates (your marginal rate is 40% according to the HMRC, unless you find a way to deduct about \u00a330k of your income). That's just the traditional American date night, which is just one possible interest. Playing organized sports is more or less expensive depending on the sport. Soccer (sorry, football) just needs a well-kept field, two goals and and a ball. Golf, while not really needing much more when you say it that way, can cost thousands of dollars or pounds a month to play with the best equipment at the best courses. Hockey requires head-to-toe padding/armor, skates, sticks, and ice time. American football typically isn't an amateur sport for adults and has virtually no audience in Europe, but in the right places in the U.S., beginning in just a couple years you'd be kitting your son out head-to-toe not dissimilar to hockey (minus sticks) and at a similar cost, and would keep that up at least halfway through high school. I've played them all at varying amateur levels, and with the possible exception of soccer they all get expensive when you really get interested in them. How much do you eat, and of what?. My family of three's monthly grocery budget is about $300-$400 (\u00a3190-\u00a3260) depending on what we buy and how we buy it. Americans have big refrigerators (often more than one; there's three in my house of varying sizes), we buy in bulk as needed every week to two weeks, we refrigerate or freeze a lot of what we buy, and we eat and drink a lot of high-fructose corn-syrup-based crap that's excise-taxed into non-existence in most other countries. I don't have real-world experience living and grocery-shopping in Europe, but I do know that most shopping is done more often, in smaller quantities, and for more real food. You might expect to spend \u00a3325 ($500) or more monthly, in fits and starts every few days, but as I said you'd probably know better than me what you're buying and what it's costing. To educate myself, I went to mysupermarket.co.uk, which has what I assume are typical UK food prices (mostly from Tesco), and it's a real eye-opener. In the U.S., alcohol is much more expensive for equal volume than almost any other drink except designer coffee and energy drinks, and we refrigerate the heck out of everything anyway, so a low-budget food approach in the U.S. generally means nixing beer and wine in favor of milk, fruit juices, sodas and Kool-Aid (or just plain ol' tap water). A quick search on MySupermarkets shows that wine prices average a little cheaper, accounting for the exchange rate, as in the States (that varies widely even in the U.S., as local and state taxes for beer, wine and spirits all differ). Beer is similarly slightly cheaper across the board, especially for brands local to the British Isles (and even the Coors Lite crap we're apparently shipping over to you is more expensive here than there), but in contrast, milk by the gallon (4L) seems to be virtually unheard of in the UK, and your half-gallon/2-liter jugs are just a few pence cheaper than our going rate for a gallon (unless you buy \"\"organic\"\" in the US, which carries about a 100% markup). Juices are also about double the price depending on what you're buying (a quart of \"\"Innocent\"\" OJ, roughly equivalent in presentation to the U.S. brand \"\"Simply Orange\"\", is \u00a33 while Simply Orange is about the same price in USD for 2 quarts), and U.S.-brand \"\"fizzy drinks\"\" are similarly at a premium (\u00a31.98 - over $3 - for a 2-liter bottle of Coca-Cola). With the general preference for room-temperature alcohol in Europe giving a big advantage to the longer unrefrigerated shelf lives of beer and wine, I'm going to guess you guys drink more alcohol and water with dinner than Americans. Beef is cheaper in the U.S., depending on where you are and what you're buying; prices for store-brand ground beef (you guys call it \"\"minced\"\") of the grade we'd use for hamburgers and sauces is about \u00a36 per kilo in the UK, which works out to about $4.20/lb, when we're paying closer to $3/lb in most cities. I actually can't remember the last time I bought fresh chicken on the bone, but the average price I'm seeing in the UK is \u00a310/kg ($7/lb) which sounds pretty steep. Anyway, it sounds like shopping for American tastes in the UK would cost, on average, between 25-30% more than here in the US, so applying that to my own family's food budget, you could easily justify spending \u00a3335 a month on food.\""}
{"_id": "290788", "title": "", "text": "Visa and Mastercard offer a variety of benefits to their cardholders. It's all in the initial information that may come in one, two or more parcels describing the relationship the two of you are in. I can't enumerate the services, but it ranges from things like automatic rental car insurance to price matching. You'll really have to compare the product with your banks'."}
{"_id": "290807", "title": "", "text": "\"in the U.S. (for @Software Monkey) books are treated just like any other donation, you look at comparable sales: IRS Link. Sounds like a pain to do each book manually. TurbtoTax has \"\"ItsDeductable\"\" product that suppose to help you calculate the value of donated items.\""}
{"_id": "290829", "title": "", "text": "Check out this Relevant Article.  Here's the first paragraph that answers your question: The opening and closing of bank (deposit) accounts doesn't affect your credit score. Your credit score is based on your lending relationships and public records, such as bankruptcy filings or court judgments recorded against you. The rest of the article goes into more detail."}
{"_id": "290830", "title": "", "text": "No there aren't any such funds."}
{"_id": "290831", "title": "", "text": "The catch is that you're doing a form of leveraged investing. In other words, you're gambling on the stock market using money that you've borrowed. While it's not as dangerous as say, getting money from a loan shark to play blackjack in Vegas, there is always the chance that markets can collapse and your investment's value will drop rapidly. The amount of risk really depends on what specific investments you choose and how diversified they are - if you buy only Canadian stocks then you're at risk of losing a lot if something happened to our economy. But if your Canadian equities only amount to 3.6% of your total (which is Canada's share of the world market), and you're holding stocks in many different countries then the diversification will reduce your overall risk.  The reason I mention that is because many people using the Smith Maneuver are only buying Canadian high-yield dividend stocks, so that they can use the dividends to accelerate the Smith Maneuver process (use the dividends to pay down the mortgage, then borrow more and invest it). They prefer Canadian equities because of preferential tax treatment of the dividend income (in non-registered accounts). But if something happened to those Canadian companies, they stand to lose much of the investment value and suddenly they have the extra debt (the amount borrowed from a HELOC, or from a re-advanceable mortgage) without enough value in the investments to offset it. This could mean that they will not be able to pay off the mortgage by the time they retire!"}
{"_id": "290841", "title": "", "text": "\"That sounds like a particularly egregious version of exclusivity. However, the way that you could handle that is to include a \"\"contingency\"\" in your purchase agreement stating that your offer is contingent upon the seller paying the brokerage fee. The argument against this, and something your broker might use to encourage you not to do so, is that it makes your offer less attractive to the buyer. If they have two offers in hand for the same price, one with contingencies and one without, they will likely take the no-contingency offer. In my area, right now, house offers are being made without very common contingencies like a financing contingency (meaning you can back out if you can't finance the property) or an inspection contingency. So, if your market is really competitive, this may not work. One last thought is that you could also use this to negotiate with your broker. Simply say you're only sign this expecting that any offer would have such a contingency. If it's untenable in your current market, it will likely cause your broker to move on. Either way, I'd say you should push back and potentially talk to some other brokers. A good broker is worth their weight in gold, and a bad one will cost you a boat load. And if you're in Seattle, I'll introduce you to literally the best one in the world. :-)\""}
{"_id": "290842", "title": "", "text": "\"That's all anecdotal. Actually, since you didn't cite any specific examples, it's not even anecdotal. Anyway, I can dig up plenty of anecdotes describing specific incidents of conservatives [rioting violently](http://thehill.com/blogs/pundits-blog/presidential-campaign/305749-republicans-employ-double-standard-to-discredit), and actively [censoring](https://www.youtube.com/watch?v=Z6sDqXRA5HI) or being [disruptive](https://www.youtube.com/watch?v=qgce06Yw2ro) towards people they disagree with as well (and \"\"as well\"\" is extremely generous, since you didn't cite any examples yourself).   But isolated incidents don't a pattern make. You want to make broad generalizations like that, you're going to need data demonstrating a significant trend. As I already commented, the linked article makes my point for me. Someone conservatives disagree with takes office and they all make a run for the gun store.    But of course you don't want to respond to this article. And this article is just describing gun sales, not actual violence. So let's see what the anti-defamation league has to say about conservative vs. liberal violence ([source](http://www.npr.org/2017/06/16/533255619/fact-check-is-left-wing-violence-rising)):  &gt; \"\"The far left is very active in the United States, but it hasn't been particularly violent for some time,\"\" says Mark Pitcavage, a senior research fellow at the Anti-Defamation League's Center on Extremism.  &gt; He says the numbers between the groups don't compare.  &gt; \"\"In the past 10 years when you look at murders committed by domestic extremists in the United States of all types, right-wing extremists are responsible for about 74 percent of those murders,\"\" Pitcavage says.  So according to you (without any specific examples or citations of any kind): liberals are more prone to disruption and rioting. But according to the numbers, conservatives are prone to domestic terrorism and buying guns when politicians from the opposing party win elections.  But liberals are somehow the violent ones and I need to \"\"stop it.\"\"  lol yourself.\""}
{"_id": "290857", "title": "", "text": "\"Just addressing the sending side: you should be able to make the transfer out of the UK tax-free, if you transfer to a \"\"Recognised Overseas Pension Scheme\"\" (ROPS). These were formerly called QROPS (\"\"Qualifying...\"\") and a lot of online resources will talk about those. The basic idea is that as long as the overseas pension scheme guarantees to follow broadly similar rules to the UK system - e.g. not allowing you to withdraw your money before retirement age - then you can transfer to it. There's a list of these schemes on the HMRC website, but in theory you still have to check for yourself that they actually follow the relevant rules. I'm not sure how to do that in practice. There are only two USA providers listed, which suggests that transferring there isn't actually very common. The Wikipedia page suggests that in practice most people transfer to a scheme in a low-tax place like Gibraltar, rather than where they actually move to. I suspect that any move will be quite expensive in fees, and from your own answer it seems the USA won't recognise it as a transfer in anyway.\""}
{"_id": "290862", "title": "", "text": "My basic rule of thumb is that if the the bill come from a government office of taxation, and that if you fail to pay the amount they can put a tax lien on the property it is a tax. for you the complication is in Pub530: Assessments for local benefits.    You cannot deduct amounts you pay for local benefits that tend to increase the value of your property.   Local benefits include the construction of streets, sidewalks, or   water and sewer systems. You must add these amounts to the basis of   your property.  You can, however, deduct assessments (or taxes) for   local benefits if they are for maintenance, repair, or interest   charges related to those benefits. An example is a charge to repair an   existing sidewalk and any interest included in that charge.  If only a   part of the assessment is for maintenance, repair, or interest   charges, you must be able to show the amount of that part to claim the   deduction. If you cannot show what part of the assessment is for   maintenance, repair, or interest charges, you cannot deduct any of it. An assessment for a local benefit may be listed as an item in your   real estate tax bill. If so, use the rules in this section to find how   much of it, if any, you can deduct. I have never seen a tax bill that said this amount is for new streets, and the rest i for things the IRS says you can deduct. The issue is that if the Center City tax bill is a separate line or a separate bill then does it count. I would go back to the first line of the quote from Pub 530: You cannot deduct amounts you pay for local benefits that tend to   increase the value of your property. Then I would look at the quote from the CCD web site: The Center City District (CCD) is a business improvement district. Our   mission is to keep Philadelphia's downtown, called Center City, clean,   safe, beautiful and fun. We provide security, cleaning and promotional   services that supplement, but do not replace, basic services provided   by the City of Philadelphia and the fundamental responsibilities of   property owners. CCD also makes physical improvements to the downtown, installing and maintaining lighting, > signs, banners, trees and landscape elements.  and later on the same page: CCD directly bills and collects mandatory payments from properties in   the district. CCD also receives voluntary contributions from the   owners of tax-exempt properties that benefit from our services. The issues is that it is a business improvement district (BID), and you aren't a business: I did find this document from the city of Philadelphia explain how to establish a BID: If the nature of the BID is such that organizers wish to include   residential properties within the district and make these properties   subject to the assessment, it may make sense to assess these   properties at a lower level than a commercial property, both because   BID services and benefits are business-focused, and because   owner-occupants often cannot treat NID assessments as tax-deductible   business expenses, like commercial owners do. Care must be taken to   ensure that the difference in commercial and residential assessment   rates is equitable, and complies with the requirements of the CEIA. from the same document: Funds for BID programs and services are generated from a special   assessment paid by the benefited property owners directly to the   organization that manages the BID\u2019s activities. (Note: many leases   have a clause that allows property owners to pass the BID assessment   on to their tenants.) Because they are authorized by the City of   Philadelphia, the assessment levied by the BID becomes a legal   obligation of the property owner and failure to pay can result in the   filing of a lien. I have seen discussion that some BIDS can accept tax deductible donations. This means if a person itemizes they can deduct the donation. I would then feel comfortable deducting the tax because: If you can't deduct it that would mean the only people who can't deduct it are home owners.  So deduct it. (keep in mind I am not a tax professional)"}
{"_id": "290875", "title": "", "text": "\"Sure, but it doesn't revolve around facebook or reddit, it doesn't revolve around twitter or snapchat or instagram stories..... the truth is all of these \"\"techies\"\" generally don't actually know a thing themselves about coding or computers, they just know how to touch screens and get results from algorithms the rich created.   That skill of doing basically nothing replaced a ton of real human capital that got things done.\""}
{"_id": "290879", "title": "", "text": "Dealerships make a lot of money in the finance department.  One of the thing they play upon is your emotional reaction of purchasing a new vehicle (new to you in this case).  They perform all sorts of shenanigans, like adding undercoat, selling gap insurance, or extended warranties.  They entice you with a promise of a lower interest rate, but really what they are trying to do is back you into a payment.   So if you can fiance 20,000, but the car you are buying is 16,000, then they will try to move that figure up to the 20K mark.  In your case it sounded like some borderline (at the least) illegal activity they used to fool you into paying more.  It sounds like you regret this decision which puts you a step ahead of most.  How many people brag about the extended warranty or gap insurance they got included in the sale?   As mentioned in another answer the best bet is to go into the dealership with financing in place.  Say you were able to get a 3% loan on 16K.  The total interest would be ~1600.  If you avoid the finance room, you might avoid their dubious add ons that would probably cost you more then the 1600 even if you can get 0%.   If you are going to buy a car on time, my advice would be to not fill out a credit app at the dealership.  The dealership people through a conniption fit, but hold your ground.  If need be get up and walk out.  They won't let you leave. One thing I must mention, is that one feels very wealthy without that monthly pain in the a$$ payment for a car.  You may want to try and envision yourself without a car payment, and make steps to making that a reality for the rest of your life."}
{"_id": "290887", "title": "", "text": "\"It is such a touchy subject for many people, I have to say that simple \"\"set it and forget it\"\" kind of investing isn't likely in the near term. Instead, if this is something you believe in, treat it like any other business opportunity and do some detailed research into people operating in the field.  Look into their business plans and visit their operations.  If there is a plan, and idea, a team and the intangible it you might consider doing some direct investing with a local company. Basically become a small business owner, silent partner or investor.  If you believe in it go for it.  If you don't believe in it that much, I think this is a market somebody else needs to develop before we invest.\""}
{"_id": "290900", "title": "", "text": "It is a lot easier to make money when you are not in debt. If you can sell the apartment, get rid of your existing mortgage and buy the new house outright, that is probably the best course of action."}
{"_id": "290930", "title": "", "text": "If you are really worried your best bet is to move all your cash from Sterling into a foreign currency that you think will be resilient should Brexit occur. I would avoid the Euro! You could look at the US Dollar perhaps, make sure you are aware of the charges for moving the money over and back again, as you will at some stage probably want to get back into Sterling once it settles down, if it does indeed fall. Based on my experience on the stock markets (I am not a currency trader) I would expect the pound to fall fairly sharply on a vote for Brexit and the Euro to do the same.  Both would probably rebound quite quickly too as even if there is a Brexit vote it doesn't mean the UK Government will honour the outcome or take the steps quickly. ** I AM NOT A FINANCIAL ADVISOR AND HAVE NO QUALIFICATIONS AS SUCH **"}
{"_id": "290944", "title": "", "text": "Well this is where quite frankly from my layman's view, Cat is just trying to use the loopholes that the big IT firms use, goolgle etc....  They just weren't smart enough to transfer their intellectual property (blueprints etc) to Ireland and then claim that they owe every penny they make to the holder of their intellectual property in ireland etc....  it's all nutty, but honestly Cat just didn't do it right."}
{"_id": "290947", "title": "", "text": "\"The interest rate is determined by your 401(k) provider and your plan document.  Of course you may be able to influence this, depending on your relationship with the provider.  I'm very certain that prime+1% is not the only rate that is possible.  However, your provider is constrained by IRC 4975(d), which states that the loan must be made \"\"at a reasonable rate of interest.\"\"   The definition of \"\"reasonable rate of interest\"\" would probably need to go to court and I do not know if it has.  The IRS probably has internal guidelines that determine who gets thrown to the dogs but they would not make those public because it takes away their discretion.  Because of the threat of getting pounded by the IRS, I think you will have a hard time getting a provider to allow super high or super low interest rate loans. Note: I am not a lawyer.\""}
{"_id": "290956", "title": "", "text": "Really? You don't understand how sometimes doing something that makes you feel good actually harms you in the long run? Like eating or drinking too much, or taking commission on HFT while HFT undermines the utility and value of your product for the majority of the market?"}
{"_id": "290968", "title": "", "text": "\"&gt;IMO some people have a \"\"natural aptitude\"\" for entrepreneurship - I don't know whether that's born or part of upbringing.    Is not something I said.      &gt;Hopefully you would not have to face a tsunami.    Hopefully, I would have the foresight not to build my hut on a beach but we're all subject to random chance to some degree. There's a big difference between getting hit by a tsunami and not taking responsibility for your own career path, the subject of this thread.\""}
{"_id": "290979", "title": "", "text": "\"Also, in (5), is it considered unpaid wages? Because that's pretty high on the bankruptcy hierarchy.  No. It is near the bottom, in with unsecured debt. If you have access to the plan documents, see if the plan has the phrase \"\"rabbi trust\"\" anywhere in it. This means that the money is not kept comingled with the corporation's regular accounts, but is rather deposited with a financial institution (such as Fidelity).\""}
{"_id": "290999", "title": "", "text": "Hoping to get these questions answered by y\u2019all, probably geared more towards someone who has experience with a retailer:  When a store physically closes, does that effect business in that surrounding area? This is kind of a branding issue I guess. And/or do online sales noticeably decline in that area?  I got curious from this because I\u2019ve always noticed that L Brands (operates Victoria\u2019s Secret &amp; Bath and body Works) seems to be in many malls, even failing ones. I\u2019ve since learned that this is actually their business model. But why? Would they have high rates of return if they were online? Increases in damages? (hard to resell shower gel and undies, even if you don\u2019t know if they were used)  Or for specialty retailers is it important to the brand that they have a physical location for brand recognition?  Thanks to anyone for their time!"}
{"_id": "291006", "title": "", "text": "Candlesticks and TA are a relic of pre-computer trading, period. Market makers use sophisticated algorithms not for trading, but manipulations."}
{"_id": "291011", "title": "", "text": "Hi We are looking to connect with UK medical technology companies and other relevant people who could help us complete a project we are currently working on.  We are currently representatives of a consortium of Drs based in the Middle East and Iran.    With the lifting of international sanctions by the 5+1 group of nations and JCPOA in early 2016, on Iran, has resulted in our clients being very interested in purchasing and becoming official distributors off medical equipment from the UK.  I have had some lengthy discussions with this team in Dubai and Tehran, and I'm told the the domestic Persian market has a very deep sense of of affiliation with German, Italian and French companies, whom have been involved more in the Persian Gulf region than Britain since 2012.  One key point I did however notice is the demand and respect that British Tech commands.  This has encouraged our team to take on this project to help these guys access the products they require.   They are interested in buying from UK manufacturing and reselling it as official distributors to the domestic Persian markets 80million population.    They are also very interested in collaborating with and acquiring the licences to UK medical technologies, which they would like to then buy the rights too or licence/franchise for their locality and they have the capacity to invest in manufacturing this product in the Middle East, working in conjunction with the UK companies.  An example of how this has worked in the past is the French car manufacturer working in collaboration with Iranian Engineering company to produce and manufacture Peugeot Pars car.  Which looks very much like a peugeot 405 but is infact designed and developed  specifically for the local market and is also manufactured locally.  This is a huge success and we feel we can imitate its success in our plan too.  I have been in discussions with a number of sources where I could possibly complete this project through.  I have come to know from my research globally within this sector that there are approx 3500 medical technology companies registered in the UK.   All specialising in various fields.  I was wondering is there a database anywhere which I can't access to see whom and where these companies are exactly in the UK.    I have until now  established that between 70-80% of companies worldwide in MED Tech field are based in or affiliated with either the USA or Israel,  with the majority of the remaining 20% of companies being European or Japanese.  There are also many collaborations between Euro companies which was quiet pleasing for me to see.    We fully understand that the USA under Trump have reinstated the sanction for USA.  However our understanding is that we in the UK are not at present restricted by Sanctions to trade with Iranian companies.   We strongly feel that the British medical technology sector here in the UK could benefit considerably it could also help It to progress  and grow to take a bigger global Market share as well bring in 100s of millions in revenues for the UK economy.  We strongly feel that with Brexit negotiations in the pipeline, as well as the geo political situation that the world finds itself in right now, that this is the right time to work in collaboration with this consortium and help them with completion of this project successfully and lawfully.  We strongly feel though that the due diligence carried in any trade deals needs to be within a framework of EU, UK regulations and in compliance with any UN or other sanctions we are un aware off.  We had been planning to use due diligence guidelines from the USA when dealing with Iranian companies, however we feel this is the main reason why France and Germany along with Italy are winning all the contracts in Iran, and with the help of relevant government departments we would like to develop our own plan for this based on the current situation.  We would like this to be the beginning of a number of high level trade deals we are in negotiations with right now with high level Middle Eastern business consortiums, in Dubai, Doha, Muscat, Tehran, Kuwait.    We feel Britain has missed it to France and Germany when it comes to Iran, and would like to work with all the relevant departments to create a due diligence plan which is effective and helps us reach our goals.  I would appreciate any advice you can give us in this respect.  Thanks  Alfie Star Senior project manager  alfie.star@commodustrade.com  http://www.commodustrade.com"}
{"_id": "291013", "title": "", "text": "I am trying to understand the mindset of these authors.  They cite the research that shows top-10% companies in a given industry are much more productive than others, especially compared to the bottom 10%. OK, that's to be expected. That's why they are in the top 10%.  They employees in those top-tier companies get paid more. Again, standard economics. Marginally higher productivity results in marginally higher wages. Got it.  Then the concluding paragraph says:  &gt; This is the conundrum that policy makers have to solve: Productivity gaps create inequality. Public policy can and should help. But in trying to protect workers, policies might well endanger future productivity growth, and with it, workers\u2019 prospects.  Well, yeah. If you subsidize firms and employees that aren't competitive then you get... less productivity and earnings.  God damn communists.  How about instead you let people work it out in the marketplace. Those that can't keep up will fail and move on to other things. Yes, that temporary situation sucks for the people involved. It's Schumpeter's creative destruction in action."}
{"_id": "291015", "title": "", "text": "Dollar Cost Averaging isn't usually the best idea for lump sum investment unless your risk tolerance is very low or your time horizons are low (in which case is the stock market the right place for your money). Usually you will do better by investing immediately. There are lots of articles around on the web about why DCA doesn't work over the long term. http://en.wikipedia.org/wiki/Dollar_cost_averaging http://www.efmoody.com/planning/dollarcost.html"}
{"_id": "291024", "title": "", "text": "\"This whole thread stinks of entitlement. The reddit hivemind has gotten into its head this misguided notion that we all *deserve* to be able to borrow money from banks, credit card companies, the government and so forth to do things we want, and that if we can't pay it off - well, so what?? They're \"\"big guys!\"\" I'm a \"\"little guy!\"\" Screw them! I should get off free!  You don't have to be an Ayn Rand-ite (and I'm not) to see how this kind of \"\"logic\"\" is insane. If you sign a contract, you have to honor it. Period. Sure, the banks that try to sell you crazy loans are annoying, but no one's sticking a gun to your head, and it's certainly not their responsibility when you come up short. Bankruptcy is a sign that you have poorly handled your finances and/or life decisions, which is precisely why it (rightly) craters your credit score. If you can't grasp why bankruptcy has different implications, and thus is handled differently, for incorporated businesses, then **(facepalm)** you don't get it.  This isn't to say that bankruptcy law, as well as consumer debt finance, couldn't be better regulated/improved. It could. But reddit loves to use this stuff as an excuse for bitching and whining about how unfair it is that we have to actually pay back student loans/mortgages/cards/etc. that we, you know, actually promised to pay back. It's fucking inane.  tl;dr: Hate credit card debt? Don't accumulate it in the first place.\""}
{"_id": "291031", "title": "", "text": "Let me give you the benefit of my experience. I paid a bunch of points (4) when I bought my first house for similar reasons than you mentioned including: Why I wish I hadn't: (1) Interest rates plummeted (not as likely to happen today) and I wound up refinancing the loan within the fist 10 years negating the savings that I would have had over the life of the loan. Also, it made me feel stupid for paying close to $5K to knock 1% or so off the loan rate only to have an even lower rate offered to me with no points within a decade. (2) I didn't take into account that I'm the type of person who would try to pay the loan off early, and I did. Way Early. So even if I hadn't refinanced, the extra points were really a waste of money. (3) In the US, at least, you can't always deduct ALL of the money you paid in points in the first year. You may have to spread that deduction over several years. (4) You are right about the alternative being better (investing the points), since the benefit of paying them is at most 1-2% on your loan, you don't even need a 6-7% return to make it a better deal to invest them. HOWEVER, I get skeptical when people compare paying interest to returns on invested money like that. If you don't pay the points will you actually invest that money for the 30 years (or whatever the term of the loan is)? It's easy to say that when you are talking theoreticals, but $5k in your pocket is also pretty tempting when the deal is done. Good luck with the new house!"}
{"_id": "291036", "title": "", "text": "The bars have moved over time, if you were born in 1960's you are now considered to be a gen X, the first boom came very quickly after the war so they would be 24 in 1970. Since fewer people went to college, they were buying homes, but the recession put a damper on the home buying. The 1970's are famous for stagflation with high inflation and high jobless rates! High interest rates were common in the late 1970's and 1980's"}
{"_id": "291079", "title": "", "text": "There are too many qualifying questions like martial status, dependent status, annual income, etc. Your answer is most likely in the Form Pub 970 you referenced: Adjustments to Qualified Education Expenses If you pay qualified education expenses with certain tax-free funds,   you cannot claim a deduction for those amounts If the grant is tax free, you can not claim deductions up to that amount. Even if you were able to expense all the educational expenses you list, I doubt you can exceed the grant disbursement disbursement amount. I'm not a tax professional, so take my advice for what it is worth."}
{"_id": "291080", "title": "", "text": "Your best bet is to pay for title insurance. If you do the same search as the title company, you'll probably find (and miss) the same things they would. By letting a title company do the search and paying for their title insurance, you're covered in case something else surfaces. In a case like this you should be getting a good enough discount, don't take the risk of doing the search yourself."}
{"_id": "291090", "title": "", "text": "Back when Best Buy first came to my area, when I was a wee sprat, I recall watching Best Buy commercials representing/discussing their no pressure sales atmosphere. Basically they were saying they would have sales staff on the floor, but nobody forcing you these pitches like you'll get at other stores. I really liked the idea. Of course it would occasionally lead to me having questions in Best Buy stores and no employees available or around to answer them. Good policy, bad practice."}
{"_id": "291126", "title": "", "text": "If you're willing to take on higher risk than a corporate investor (you have to be) and you are smart it's way easier to operate as an individual. Your position/strategy is SO much easier to execute just simply based on trade size, you have relatively no overhead. You won't impact the market at all which is where a heavy hitter might have an advantage, other than that you are in a better position in terms of return vs investment."}
{"_id": "291134", "title": "", "text": "Short answer: Liquidity. Well, you have to see it from an exchange's point of view.  Every contract they put up is a liability to them.  You have to allocate resources for the order book, the matching engine, the clearing, etc.  But only if the contract is actually trading they start earning (the big) money. Now for every new expiry they engage a long term commitment and it might take years for an option chain to be widely accepted (and hence before they're profitable).  Compare the volumes and open interests of big chains versus the weeklies and you'll find that weeklies can still be considered illiquid compared to their monthly cousins. Having said that, like many things, this is just a question of demand.  If there's a strong urge to trade July weeklies one day, there will be an option chain.  But, personally I think, as long as there are the summer doldrums there will be no rush to ask for Jul and Aug chains."}
{"_id": "291165", "title": "", "text": "How high is high? In countries that suffered hyperinflation such as the Weimar Republic around 1923 and Zimbabwe around the late 1990s this certainly did happen on a daily basis. E.g. One boy, who was sent to buy two bread buns, stopped to play football and by the time he got to the shop, the price had gone up, so he could only afford to buy one. or One father set out for Berlin to buy a pair of shoes. When he got there, he could only afford a cup of coffee and the bus fare home. or At the height of the country's economic crisis that year, prices were rising at least twice day, with Zimbabweans forced to carry cash around in plastic bags just to buy basic items."}
{"_id": "291173", "title": "", "text": "My thoughts from the top:  1. If you're already long, which not just buy-write? if you want to sit on the portfolio for some time with little rebalancing collecting some option premiums might not be bad?  2. You can replicate this portfolio on a rolling basis through bull spreads, which should hedge (or at least reduce) your theta and give you some of that sweet sweet convexity, however you will need a large enough size to cover your transaction costs.  3. I agree with maximizing mean / lower semi var (most kids max mean/var)) so good move there. However you need estimates of expected return (not easy!) and semi var (easier). Look into using GARCH (or a form of it) on the semi var for a better estimator.  4. Is this an MSR portfolio? How do you determine your weights?  5. In terms of sizing/leverage,  Remember the betting condition that equity needs to be positive for all time. How are you planning to limit your max DD? and how often do you plan on rebalancing/rebetting."}
{"_id": "291180", "title": "", "text": "The Romanian mountains are very steep, with extremely different geography, offering great scenes and genuine high encounters.  mountain biking in Transylvania Romania We've been directing individuals coming here from everywhere throughout the world, be it for climbing, trekking, biking, and more. We have confidence in a reasonable business approach. Our visitors ought to have an awesome time while mountain biking in Romania, our convenience, transportation suppliers ought to be upbeat, and we ought to be happy with our work and advantages."}
{"_id": "291214", "title": "", "text": "I'm answering your second and third point. For first point it depends on case by case basis from which organization you are opening your trust. Trust Account are of different type: To earn interest you account should be of below type. Interest in possession trusts and Income Tax Trustees are responsible for declaring and paying Income Tax on income received by the trust. They do this on a Trust and Estate Tax Return each year. There are different rates depending on the type of income - as shown below. Type of income     Income Tax rate 2014 to 2015 tax year Rent, trading and savings     20% (basic rate) UK dividends (such as income from stocks and shares)  10% (dividend ordinary rate)"}
{"_id": "291220", "title": "", "text": "\"With debts exceeding assets by a billion dollars, this activity likely comes from penny stock speculators and \"\"pump and dump\"\" schemers. There is no rational expectation that the stock is even worth multiple pennies when the company is that far upside-down on its debts. Even if the debts could be restructured in a chapter 11, the equity shares would likely lose all of their value in the bankruptcy proceedings. Shareholders are at the bottom of the totem-pole when debts are being adjusted by the courts.\""}
{"_id": "291229", "title": "", "text": "\"The other option apart from the above which I feel is quite good is \"\"Travel Card\"\" [also called Forex Card] issued in USD. These cards are like prepaid debit cards. They are available from almost quite a few Indian Banks like HDFC / ICICI / UTI. The limit for students is around 100 K USD per year.  http://www.hdfcbank.com/personal/cards/prepaid_cards/forexplus_card/pre_forex_elg.htm The card can be reloaded by any amount [i think the minimum is USD 100] by visiting the Branch or certain Forex agents. There loading fee is INR 75. The Fx is typical Card Rate prevailing on the day. In US this card can be used as a credit card for almost everything [I have used this without any hassel]. Avoid using the card for blocking anything [at Hotel for room booking, or initial block at car rentals]. Although its mentioned that there is a withdrawl fees, i was never charged anything for withdrawls. The card comes with an internet based login to monitor account balance and transactions. Any unused funds can be withdrawn in India. The payment will be make in INR.\""}
{"_id": "291233", "title": "", "text": "Waddler said it right, it depends on whether or not it is going against asset or liability. Your salary is said to be credited in bank's term, whereby the bank experiences a increase in its liability (your bank deposits) and hence its a credit for them. We usually understand that its a credit for us, however not. This is what I understand. Here is an article I found in this context. http://www.quickmba.com/accounting/fin/debits-credits/"}
{"_id": "291256", "title": "", "text": "Intuit has a pretty good write-up on this subject. As you noted, you are allowed to exceed your limit by $2000 (though this overcontribution is not tax-deductible). Also, your contribution room accumulates. So, you may be able to contribute $18k for the 2015 tax year, but if you have unused space from previous tax years, you can make use of that, too. If you discover you have indeed overcontributed, you may be eligible for a waiver. The CRA looks kindly on honest mistakes. Consider talking to a tax accountant, and then calling up the CRA and discussing it with them. If you are not eligible for a waiver on the excess, you need the form T1-OVP. This lets you declare the excess contributions and pay the tax on it. You also need to withdraw the excess from your RRSP and may need to provide evidence of this withdrawal. Again, strongly consider talking to an accountant and to the CRA (who are surprisingly polite and helpful on the phone). 1% penalty per month can quickly get expensive and now's the time to ensure you have your ducks in a row."}
{"_id": "291278", "title": "", "text": "Do you need such a detailed budget?  I have found that a detailed budget creates two problems: I would suggest starting simple, and adding complexity as you discover you need it.  Create a budget with just a few categories Then, I enforce my budget with my auto deposit.   My required expenses, which I have a pretty good notion of the total amount get paid from one online bank.  Enough money goes in and I electronically pay. Retirement money and e-fund money get deposited into the brokerage and credit union where I keep those piles at. Finally, my optional expenses go into a second bank (I am using simple.com at the moment) and I spend from there with a card.  They have a nice reporting feature, and if I want to save up for a toy or something I save up there.  Bonuses and other extra income end up there as well.  This way, I really only have to monitor the last account to see if I can have fun or buy a new item. My bills and retirement are different pools of money, and I don't carry around a card that can access that money."}
{"_id": "291290", "title": "", "text": "Credit Unions are structured such that the account holders are in fact the owners of the institution. Thus, the money invested in your savings account is in fact a share of ownership, and the interest paid to you is dividend. Tax-wise, these dividends are usually treated as interest income."}
{"_id": "291297", "title": "", "text": "I think you'd have to take out war economies to get a clearer picture.. (Although I'm not sure if that's possible) Then look at economic cycles/policies over the course of 100 years. I think you'd find that polices enacted, cycles, mature independent of presidential terms."}
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{"_id": "291312", "title": "", "text": "\"Simply put, you cannot deterministically beat the market. If by being informed and following all relevant news, you can arrive at the conclusion that company A will likely outperform company B in the future, then having A stocks should be better than having B stocks or any (e.g., index based) mix of them. But as the whole market has access to the very same information and will arrive at the same conclusion (provided it is logically sound), \"\"everybody\"\" will want A stocks, which thus become expensive to the point where the expected return is average again.  Your only options of winning this race are to be the very first to have the important information (insider trade), or to arrive at different logical conclusions than the rest of the world (which boils down do making decisions that are not logically sound - good luck with that - or assuming that almost everybody else is not logically sound - go figure).\""}
{"_id": "291327", "title": "", "text": "Option liquidity and underlying liquidity tend to go hand in hand. According to regulation, what kinds of issues can have options even trading are restricted by volume and cost due to registration with the authorities. Studies have shown that the introduction of option trading causes a spike in underlying trading. Market makers and the like can provide more option liquidity if there is more underlying and option liquidity, a reflexive relationship. The cost to provide liquidity is directly related to the cost for liquidity providers to hedge, as evidenced by the bid ask spread. Liquidity providers in option markets prefer to hedge mostly with other options, hedging residual greeks with other assets such as the underlying, volatility, time, interest rates, etc because trading costs are lower since the two offsetting options hedge most of each other out, requiring less trading in the other assets."}
{"_id": "291334", "title": "", "text": "At Pop Up Tee, you can find a wide range of gym t-shirts available in different styles and designs.  Wearing right clothing for your gym sessions can help you last long hours and furthermore protect your health. Needless to say, you can look extremely fashionable with our gym t-shirts."}
{"_id": "291347", "title": "", "text": "When I walk into a Sears or K-Mart, I feel like I am stepping back 30 years.  Some of their stores are downright neglected.  If they want to compete, they have to remodel their physical stores, remodel their sales tactics, and probably change names.  None of which anyone is going to loan them any money to do, at this point.  Short stock, anyone?"}
{"_id": "291350", "title": "", "text": "This will die at the supreme court. Every legal scholar knows you cannot sign away your rights.   The people responsible for this assault on our constitutional rights will no doubt find themselves in hell until they learn right from wrong."}
{"_id": "291359", "title": "", "text": "\"&gt; As far as Palestine is concerned, there is no justification for Apache helicopters and F-16s to bomb unarmed women and children,   No kidding!   Tell that to the \"\"Palestinians\"\"!  If \"\"Palestinians\"\" did not shoot 100s of missiles on Israeli civilians, women and children, then Israel would not shoot at them... like now.  Trust me: if Israel, with one of the best armies and most equiped armies in the world want to killd women and children, they could have done a much better \"\"job\"\".  So, basically, you have no clue what you are talking about: \"\"Palestinians\"\", Israel, North Korea and 9/11.\""}
{"_id": "291376", "title": "", "text": "\"What you are doing is neither one.  You are simply watching to make sure you don't overdraw, which itself suggests you might be living hand to mouth and not saving.  Keeping track of your money and budgeting are useful tools which help people get on top of their money.  Which tends to have the effect of allowing you to save.   How much did you spend on groceries last month? Eating out? Gas? If you were \"\"keeping track of your money\"\", you could say immediately what you spent, and whether that is above or below average, and why.  How much do you plan to spend in the next 3 months on gas, groceries, eating out?  If you knew the answer to that question, then you would have a \"\"budget\"\".   And if those months go by, and your budget proves to have been accurate, or educates you as to what went wrong so you can learn and fix it... then your budget is a functioning document that is helping you master your money.  Certainly the more powerful of the two is the \"\"keeping track\"\", or accounting of what has happened to you so far.   It's important that you keep track of every penny without letting stuff \"\"slip through the cracks\"\".   Here you can use proper accounting techniques and maybe accounting software, just like businesses do where they reconcile their accounting against their bank statements and wallet cash. I shortcut that a little.  I buy gift cards for McDonalds, Panera, Starbucks, etc. and buy my meals with those.  That way, I only have one transaction to log, $40 - McDonalds gift card instead of a dozen little meals.  It works perfectly fine since I know all that money went to fast food.  A little more dangerous is that I treat wallet cash the same way, logging say two monthly entries of $100 to cash rather than 50 little transactions of left $1 tip at restaurant.  This only works because cash is a tiny part of my overall expenditures - not worth accounting.  If it added up to a significant part, I'd want accounting on that.\""}
{"_id": "291380", "title": "", "text": "Agreed, I return a lot of shit to Amazon. I'm about to try to return some windshield wipers because it said they should fit my car -- any other site would be a hassle...  But I'm still looking for an alternative because i'm cheap."}
{"_id": "291398", "title": "", "text": "I do think you know how communism works.  You are looking for the word 'socialism,' I believe.   Examples:  Communism Healthcare - Government is the ENTIRE healthcare system. So you get only one source.  Socialism Healthcare - Government regulated/augmented healthcare system/market. You'll get different sources from the market and some standard services from the gov, but it all needs to meet standards and regulations SET by the gov."}
{"_id": "291424", "title": "", "text": "The latest version of Office for Mac is much improved, but still falls well short of the Windows version.  Biggest issue is keyboard shortcuts - they are all either different or missing. Everything takes soooo much longer to do manually.  Plugins are also another issue. The MS charts are horrible and I can't find a good charting plugin for Macs.  You can build models on a Mac, and I sometimes do, but if you do a lot of serious modelling you'd be well advised to install Windows."}
{"_id": "291438", "title": "", "text": "Not necessarily. You can issue credit cards without a bank involved, although companies which do so may have additional legal complications, such as usury regulations. As an example, AmEx is a network which also issues cards themselves. The company is not a bank; they sold their banking subsidiary in 2007. It's also possible to get a bank-issued credit card without banking with that same company."}
{"_id": "291445", "title": "", "text": "Ok, so as a result of the Equifax breach I placed a credit freeze on all my accounts. Just to verify my understanding, if in the future I want to apply for a home loan, open a new bank account, etc... I need to individually unfreeze my accounts with each of the credit companies right? (e.g. I can't just unfreeze one, I have to unfreeze them all)"}
{"_id": "291453", "title": "", "text": "\"The recording industry has a long and storied history of knee-jerk, ignorant Ludditism. If they'd had their way we would have no home recording devices of any kind, among other things. Cable TV might not even exist.  The reason is easy to grasp: their business model is based around an artificial scarcity created by a temporary technological limitation, namely the fact that it once cost a lot of money to record media. Instead of looking for newer business models, they've repeatedly dug their heels in and yelled \"\"get off my lawn!\"\" Why do Apple and Amazon own digital music and not Sony or BMG? The answer is obvious.\""}
{"_id": "291456", "title": "", "text": "&gt; Because /u/Wanderer360 is the one who turned this into a political issue, as if the monopolies mentioned in the article had suddenly sprung up on November 8th 2016.   I read the comment several times and don\u2019t see anywhere that /u/Wanderer360 has stated or implied that the monopolies are so recent. You also pegged them as having a Democratic leaning but they never claimed any such stance.  &gt; Its not a political issue, it\u2019s a government issue, and both sides are to blame since they allowed legislation that makes it easier for monopolies to keep competitors out of a market place. If you drain the swamp, then their will be more competition.  Maybe you didn\u2019t understand the comment the same way I did. /u/Wanderer360 is saying the structure allowing only two parties to maintain the control of government is part of the problem. You\u2019re saying that both sides are to blame. They\u2019re saying that the problem is we have no viable alternative to the the two sides that could propose significant changes.  Really, it seems like your both arguing the same point from different angles."}
{"_id": "291460", "title": "", "text": "I went through this too. There's a safe-harbor provision. If you prepay as estimated tax payments, 110% of your previous year's tax liability, there's no penalty for underpayment of the big liquidity-event tax liability.  https://www.irs.gov/publications/p17/ch04.html That's with the feds. Your state may have different rules. You would be very wise indeed to hire an accountant to prepare your return this year. If I were you I'd ask your company's CFO or finance chief to suggest somebody.   Congratulations, by the way."}
{"_id": "291486", "title": "", "text": "Regular wire transfer from bank to bank would be the easiest, safest, and likely the cheapest (next to carrying cash over the border) method. Get the SWIFT info from the US bank you want the many land in (I believe all of the ones you mentioned support SWIFT wire transfers), and give it to your family in China. They'll have to find a local bank that supports SWIFT out-going transfers (might not be as easy as in the US) and send it out from there. Other, more expensive, options would be Western Union/MoneyGram. Or carrying cash over the border, which in these amounts can trigger some questioning from the authorities."}
{"_id": "291497", "title": "", "text": "The amount of made up bullshit you have come up with is getting to Trump level.  As really at this point there's no point in continuing with the amount of bullshit you are spewing.  And no you didn't win at all, but I know you will think otherwise."}
{"_id": "291507", "title": "", "text": "Customers are regularly confused by software pricing. Microsoft's Windows, for example. Either they're dumb and shouldn't confuse the customers or they know what they're doing. I'm betting the latter.  At 99 bucks, a product can seem expensive, but if the other offerings are 89 and 150, 99 seems like you're saving a lot on the 150 while only paying a bit more than the 99. Yet without those other options, 99 might seem expensive.  Business consumers are more likely to pay more so you can gouge them with the Enterprise edition at 150. 99 for the gold edition and 89 for lite. 99 will sell great and if that's what you were hoping for in the first place, that's good anchoring.  Don't think of the premium getting cannibalised. Just thing of the premium edition as a way to capture the consumer surplus of businesses."}
{"_id": "291523", "title": "", "text": "\"Wealth and GDP aren't the same - it's like saying your salary is your wealth, when in reality your wealth can be much greater or much less. For a point of comparison, there is about 200T globally in financial assets alone, not including things like real estate, commodities, or other real assets (infrastructure, machinery, etc., although certainly a lot of that will be accounted for in financial assets like owning the stock of a company that owns a factory).   A couple more years and I'll give it a \"\"plausible\"\" (although I have no idea what kind of return you could get on financial assets prior to the modern banking system, certainly not 5%).    Edit: ha, if he had invested in 1343 he would have been caught up in one of the first bank failures in 1345... Would have capped out at about $1.10 http://en.m.wikipedia.org/wiki/Peruzzi  Edit again: turns out it was illegal to charge or earn interest on money in England until 1545.\""}
{"_id": "291526", "title": "", "text": "As long as you don't finance and the payment is upfront, its up to you and your customer how to pay. If you provide the product before the payment is being made or finance in any way (i.e.: there's debt), then the Canadian dollar, being legal tender in Canada, must be accepted. Considering the large amount, you would probably not be accepting cash anyway, so the point is moot. How they pay their credit cards is not your problem. However, do take into the account the currency exchange rates and fees that add costs to purchasing your product. If you don't have any physical presence (i.e.: online store only, no physical location on Canadian soil), then it goes by the rules of the jurisdiction where you've incorporated. Check with the local legal professional to be sure."}
{"_id": "291543", "title": "", "text": "Declare it illegal, and make it a crime to exchange it for legal currency.  That may not kill bitcoin itself, but if you can't exchange it for dollars it's useless.  If you don't think they can just ban whatever they want, read up on online poker in the US."}
{"_id": "291548", "title": "", "text": "Let's assume that the bonds have a par value of $1,000.  If conversion happens, then one bond would be converted into 500 shares.  The price in the market is unimportant.  Regardless of the share price in the market, the income per share would be increased by the absence of $70 in interest expense.  It would be decreased by the lost tax deduction.  It would be further diluted by the increase in 500 shares.  Likewise, the debt would be extinguished and the equity section increased.  Whether it increased or decreased on a per share basis would depend upon the average amount paid in per share in the currently existing structure, adjusted for changes in retained earnings since the initial offering and for any treasury shares. There would be a loss in value, generally, if it is trading far from $2.00 because it would be valued based on the market price.  Had the bond not converted, it would trade in the market as a pure bond if the stock price is far below the strike price and as an ordinary pure bond plus a premium if near enough to the strike price in a manner that depends upon the time remaining under the conversion privilege.   I cannot think of a general case where someone would want to convert below strike and indeed, barring a very strange tax, inheritance or legal situation (such as a weird divorce), I cannot think of a case where it would make sense.  It often does not make sense to convert far from maturity either as the option premium only vanishes well above $2.  The primary case for conversion would be where the after-tax dividend is greater than the after-tax interest payment."}
{"_id": "291566", "title": "", "text": "Well that is another story altogether.   Cynically, I would say that having HK as an international financial center under Chinese sovereignty makes it easy for officials within the CCP to launder money outside the country, because most people with money in China want to go elsewhere, or because they feel uneasy about their chances of being shot for corruption. Why, even Xi Dada has his two flats in the Grand Hyatt here...  But HK is in trouble because this might not be reason enough..."}
{"_id": "291572", "title": "", "text": "What do you actually want to DO?  If you're not going to be a financial analyst, and if you're not willing to commit 10-20 years literally clawing your way up a very narrow ladder with stiff competition, I wouldn't do it.  Go the accounting route, get your MBA and CPA and make it easy on yourself."}
{"_id": "291578", "title": "", "text": "\"Rolling an old 401k into a new 401k is generally only for ease of management. For example, how many bank accounts do you really want? As long as the funds are reasonably allocated I've found it can be a useful \"\"mind game\"\" to leave it separate. Sometimes it's desirable to ignore an account and let it grow, and it is a nice surprise when finally adding all the account balances together. In other words, I keep thinking I've got X (the amount of my biggest or current 401k), which affects/helps my habits and desire to save. When I add them all together I'm shocked to find out I've got Y (the total of all accounts). Personally, I've had big paperwork problems transferring an old 403b (same type process as 401k) even when I had an adviser helping me move it. In the end it was worth moving it, because I'm having the adviser manage it. I'm actually writing this answer specifically because I recently moved a big 401k into a Traditional IRA. A rep from the brokerage, representing my previous employer, kept calling me to find out how they could help (I didn't brush him off). I found that using an IRA provided me with the opportunity to do self-guided investments in funds or even individual stocks, well beyond the limited selection of the old company's 401k. It was useful/interesting to me to invest in low-fee vehicles such as index funds (ie: the Buffett recommendation), and I'll find some stocks as well. Oh and when the old company 401k has certain funds being discontinued, I didn't want to notice the mandated changes years later. So, I'd suggest you consider management and flexibility of the 401k or equivalent, and any of your special personal circumstances/goals. If you end up with a few retirement accounts, I suggest you use an account aggregating website to see or follow your net worth. I know many who, based on various concerns and their portfolio, find an acceptable website to use.\""}
{"_id": "291583", "title": "", "text": "Dollar General has wanted this forever. They got scared and made a sudden move when they saw Dollar Tree slide in.  But regardless, all three are in trouble. Walmart is looking to set up smaller shops to compete with the dollar stores, and that spells danger for the whole industry. Expect even more downward pricing, somehow."}
{"_id": "291588", "title": "", "text": "One wonders how quick Trump will be to deflect any connection to the markets when they inevitably turn.   For this very reason, past Presidents tended to be very cautious about connecting their job to something that they only have a very distant and tenuous connection to."}
{"_id": "291600", "title": "", "text": "\"As I stated in my comment, options are futures, but with the twist that you're allowed to say no to the agreed-on transaction; if the market offers you a better deal on whatever you had contracted to buy or sell, you have the option of simply letting it expire. Options therefore are the insurance policy of the free market. You negotiate a future price (actually you usually take what you can get if you're an individual investor; the institutional fund managers get to negotiate because they're moving billions around every day), then you pay the other guy up front for the right of refusal later. How much you pay depends on how likely the person giving you this option is to have to make good on it; if your position looks like a sure thing, an option's going to be very expensive (and if it's such a sure thing, you should just make your move on the spot market; it's thus useful to track futures prices to see where the various big players are predicting that your portfolio will move). A put option, which is an option for you to sell something at a future price, is a hedge against loss of value of your portfolio. You can take one out on any single item in your portfolio, or against a portion or even your entire portfolio. If the stock loses value such that the contract price is better than the market price as of the delivery date of the contract, you execute the option; otherwise, you let it expire. A call option, which is an option to buy something at a future price, is a hedge against rising costs. The rough analog is a \"\"pre-order\"\" in retail (but more like a \"\"holding fee\"\"). They're unusual in portfolio management but can be useful when moving money around in more complex ways. Basically, if you need to guarantee that you will not pay more than a certain per-share price to buy something in the future, you buy a call option. If the spot price as of the delivery date is less than the contract price, you buy from the market and ignore the contract, while if prices have soared, you exercise it and get the lower contract price. Stock options, offered as benefits in many companies, are a specific form of call option with very generous terms for whomever holds them. A swaption, basically a put and a call rolled into one, allows you to trade something for something else. Call it the free market's \"\"exchange policy\"\". For a price, if a security you currently hold loses value, you can exchange it for something else that you predicted would become more valuable at the same time. One example might be airline stocks and crude oil; when crude spikes, airline stocks generally suffer, and you can take advantage of this, if it happens, with a swaption to sell your airline stocks for crude oil certificates. There are many such closely-related inverse positions in the market, such as between various currencies, between stocks and commodities (gold is inversely related to pretty much everything else), and even straight-up cash-for-bad-debt arrangements (credit-default swaps, which we heard so much about in 2008).\""}
{"_id": "291601", "title": "", "text": "Is it POSSIBLE? Of course. I don't even need to do any research to prove that. Just some mathematical reasoning: Take the S&P 500. Find the performance of each stock in that list over whatever time period you want to use for your experiment. Now select some number of the best-performing stocks from the list -- any number less than 500. By definition, the X best must be better than or equal to the average. Assuming all the stocks on the S&P did not have EXACTLY the same performance, these 10 must be better than average. You now have a diversified portfolio that performed better than the S&P 500 index fund. Of course as they always say in a prospectus, past performance is not a guarantee of future performance.  It's certainly possible to do. The question is, if YOU selected the stocks making up a diversified portfolio, would your selections do better than an index fund?"}
{"_id": "291614", "title": "", "text": "how much taxes would I pay on my income from the rent they would pay me? The same as on any other income. California doesn't have any special taxes for rental/passive income. Bothe CA and the Federal tax laws do have special treatment, but it is for losses from rental. Income is considered unearned regular income and is taxed at regular brackets. Would I be able to deduct the cost of the mortgage from the rental income? The cost of mortgage, yes. I.e.: the interest you pay. Similarly you can deduct any other expense needed to maintain the property. This is assuming you're renting it out at FMV. If not, would I pay the ordinary income tax on that income? In particular, would I pay CA income tax on it, even though the property would be in WA? Yes. Don't know how WA taxes rental income, but since you are a California tax resident - you will definitely be taxed by California on this, as part of your worldwide income."}
{"_id": "291616", "title": "", "text": "You might consider calling the broker you invest with. At mine, you can see the room left to contribute each year in the TFSA. The CRA might just have old/bad data."}
{"_id": "291621", "title": "", "text": "When a contractor needs mortgage they usually consult brokers for a meaningful solution. But sometimes they hit road bumps and several obstacles because of many reasons. So, we spoke with some famous contractor mortgage brokers across UK,  and they gave us some important tips and suggestions."}
{"_id": "291666", "title": "", "text": "Not necessarily, just because a tax rate is low and the potential monetary gain in the short-term is high, that doesn't mean that stock buybacks are in the best interest of shareholders, the general populace, or the American economy. The speaker implied that these actions were nefarious, just because the pie is on the window sill it doesn't mean you should take it."}
{"_id": "291667", "title": "", "text": "You can choose to pay your mortgage instead of another bill, or vice versa.  Your net will change from month to month while your gross is relatively static. I can make a bunch of promises to my load officer about my expenses, but it is very difficult to verify.  Moreover, it is pretty hard to give your net income and plan for emergencies. So for the sake of reliability, verifiability, and general ease a lender will look at your gross. YOU should definitely look at your net when deciding if you can afford a loan."}
{"_id": "291680", "title": "", "text": "**Absolutely do not ever use one of these loans**. These loans will lead you down a long road of huge interest and credit trouble. They are nothing more then legal loan sharks. But I'm sure I don't have to tell the people of /r/finance this. Do I?"}
{"_id": "291686", "title": "", "text": "I'd think the first question here is: Did they overpay you? And if so, what were the circumstances? At one extreme: If you lied on your timesheet and said you worked 50 hours when really you only worked 40, and they paid you for 50 hours, and now they've figured out that you didn't really work those overtime hours, then yes, they overpaid you and you owe them the money. Or if you reported your time accurately but they made an honest mistake, like you worked 30 hours but for whatever reason they paid you for 40, then they really did overpay you and you owe them the money. Or if a check was just mis-printed because their computer system screwed up or something, sorry, you don't get to keep the money. Yes, we all have fantasies about the bank accidentally adding a million dollars to our balance and somehow we get to keep the money, but sorry, it doesn't work that way in real life. If there's been a mistake, once they figure out the mistake, you have to give the money back. If it's something more complicated, it might be debatable.  If you're not sure what the details are, find out the details and investigate. Do you have any evidence that what they are saying is not true? How much money is involved? If we're talking $20, it's not worth going to court over. You'd have to pay a lawyer way more than the $20. A court MIGHT order the company to pay your court costs if you won, but they might not. And if you lost, you could have to pay their court costs, which could be way more than any possible gain. There are times when it's better to just eat the loss and get on with your life. Of course, the same could be said from the other side: If the amount of money is small and the case is debatable and you refuse to hand over the cash, they may just give up figuring it's not worth the trouble. I don't know that I'd want to gamble on that, though. If there is serious money involved, at least several thousand dollars, then it could make sense to talk to a lawyer if you think you have a case."}
{"_id": "291695", "title": "", "text": "Transfer of Millions of USD in and out is not possible for Individuals. There are limits on how much money an individual Indian Ordinary Citizen can send or receive. If an corporate wants to send money, depending on the services offered, they would have to initiate a SWIFT transaction. It typically takes 2-3 days for settlement of International wire."}
{"_id": "291698", "title": "", "text": "All your needs related to pool fencing will get fulfilled at this company. An expert installer will provide you with an obligation-free measure and quote. You will get toughened glass that is 6mm thicker and four times stronger than standard float glass."}
{"_id": "291705", "title": "", "text": "It's extremely divisible. The smallest unit is 0.00000001 BTC. This smallest unit is called a satoshi, after the pseudonym of the inventor of Bitcoin.  I suggested to my friends and family back in mid 2015 that they invest a little of their money. Nobody did. Back then I bought 21 BTC at around $600 USD/BTC for a total value of slightly less than $13k USD. Currently it's worth over $90k. I can't tell you how many of them say they wish they had listened to me. Then when I tell them they should still buy they think it's too late. It's not."}
{"_id": "291712", "title": "", "text": "Our restaurants are the best in Lincoln, we provide the different types of the Asian food and affordable prices. If you celebrate a party, then you can come to with friends. Restaurants in downtown Lincoln, Time with our friends and loved ones is valuable and we are all about providing an extraordinary experience. Whether you're planning a girls night out or celebrating a special evening, we offer everything you need to make your private party. Our talented staff will help you awaken your inner artist as you enjoy."}
{"_id": "291716", "title": "", "text": "We all live in a smart world and this technically smart world is operated on mainly two operating systems that are always working hard to outshine each other in more than one ways to mention. These two operating systems are Google\u2019s Android and Apple\u2019s iOS system predominantly used in smart phones and tablets."}
{"_id": "291717", "title": "", "text": "You don't need a book, you need to dig into the business and understand what has changed. How long has there been a struggle to make ends meet? What seasonality exists for the business? Look at the period-over-period change for each product category as well as each line item expense, and find correlations that may exist. If it's possible, find similar insights about competition -- both brick-and-mortar as well as online.   It's important to analyze the results of the business to understand (1) the normal ebbs and flows of the jewelry store seasonality, and (2) any erosion of the business to online or brick-and-mortar competitors. The other important takeaway is that you have to identify any changes in the business' expenses. Are utilities suddenly taking up more of a share of the profits, or are the costs of raw materials on the rise?  Look at the cash flow to see where the money is going, or if there is a revenue problem. If business is down (and revenue as a result), you know where to start. Perhaps the answer is marketing or providing additional products or services that better match the needs of the clientele who are dropping off (i.e., online ordering and free shipping), or product pricing is elevated above the competition. On the other side, if expenses have gotten out of control, you know where to apply controls. Keep in mind that these are not mutually exclusive, and the business could have a revenue and an expense problem.  If you've studied economics, you have the skills to understand the numbers and drive out the answers, but this problem requires application and not philosophy, sociology, or economics. No single book can give you the step by step process. Every business is unique, and no one but your family can provide the insights necessary to analyze the results.   Best of luck! Reach out with any additional questions."}
{"_id": "291724", "title": "", "text": "A-Alberts provide the residential and home basic cleaning services for the clients at the reasonable price. With the A-Alberts program, you receive a customized schedule of cleaning based on your precedence and budget. If you want to Janitorial Service Kapolei, then you can contact us our Kapolei branch office. Our professionals will assure your building is always attractive and hygienic. We provide effective merchandise, superior technology, and a high-productive and our all cleaning product is chemical free."}
{"_id": "291726", "title": "", "text": "Visit QuickBooks Support help desk to fix issues online. You can face any types of issues in your software but overlooking those issues is not a good idea. Payroll and POS related issues can also be fixed at the same point of time. Give a call on QuickBooks support number 1-800-290-0629. Visit the website http://www.quick-books-support.com to get all kind of help."}
{"_id": "291732", "title": "", "text": "\"Both OP and the author of the newspaper article should have titled this \"\"When the media take the time to explain the true state of our economy, people are less optimistic about the future.\"\" A simple link to [this](http://research.stlouisfed.org/fred2/series/UMCSENT) graph would show that consumer confidence has rebounded, but dipped during the debt crisis (as it should have) because the media were reminding people how utterly weak our economy is. The fact that average hourly earnings today are exactly where they were in 2008 is a disaster. But to state that Americans perception of the economy is worse is flat wrong. They actually perceive it as improving when in fact it's on extremely shaky ground.\""}
{"_id": "291749", "title": "", "text": "No, thanks to the principle of corporate personhood.  The legal entity (company C) is the owner and parent of the private company (sub S).  You and C are separate legal entities, as are C and S. This principle helps to legally insulate the parties for purposes such as liability, torts, taxes, and so forth.  If company C is sued, you may be financially at stake (i.e. your investment in C is devalued or made worthless) but you are not personally being sued.  However, the litigant may attach you as an additional litigant if the facts of the suit merit it.  But without legal separateness of corporations, then potentially all owners and maybe a number of the employees would be sued any time somebody sued the business - which is messy for companies and messy for litigants.  It's also far cleaner for lenders to lend to  unified business entities rather than a variety of thousands of ever-shifting shareholders. Note that this is a separate analysis that assumes the companies are not treated as partnerships or disregarded entities (tax nothings) for tax purposes, in which case an owner may for some purposes be imputed to own the assets of C.  I've also ignored the consolidated tax return, which would allow C and S to file a type of corporate joint return that for some purposes treats them similarly to common entity. For the simplest variation of your question, the answer is no.  You do not own the assets of a corporation by virtue of owning a few of its shares. Edit:  In light of your edit to include FB and Whatsapp, and the wrinkle about corporate books.  If sub S is 100% owned by company C, then you do not have any inspection rights to S because you are not a shareholder.  You also do not have virtual corporation inspection rights through company C.  However, if a person has inspection rights to company C, and sub S appears on the books and financial records of C, then your C rights will do the job of seeing S information. However, Facebook is a public company, so they will make regular public filings and disclosures that should at least partly cover Whatsapp.  So I hedge and clear my throat by averring that my securities training is limited, but I believe that the SEC filings of a public company will as a practical matter (maybe a matter of law?) moot the inspection rights.  At the very least, I suspect you'd need a proper purpose (under DGCL, for example), to demand the inspection, and they will have already made extensive disclosures that I believe will be presumptively sufficient.  I defer to more experienced securities experts on that question, but I don't believe inspection rights are designed for public companies."}
{"_id": "291760", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Outsourcing airplane repair jobs imperils national security](https://www.reddit.com/r/AnythingGoesNews/comments/78ea22/outsourcing_airplane_repair_jobs_imperils/) on /r/AnythingGoesNews with 1 karma (created at 2017-10-24 15:51:00 by /u/thinkB4WeSpeak)  * [Outsourcing airplane repair jobs imperils national security](https://www.reddit.com/r/union/comments/78e1up/outsourcing_airplane_repair_jobs_imperils/) on /r/union with 1 karma (created at 2017-10-24 14:49:13 by /u/RedditGreenit)  * [Outsourcing airplane repair jobs imperils national security](https://www.reddit.com/r/labor/comments/78e1u5/outsourcing_airplane_repair_jobs_imperils/) on /r/labor with 2 karma (created at 2017-10-24 14:49:04 by /u/RedditGreenit)  * [Outsourcing airplane repair jobs imperils national security | The airline industry likes to claim that the U.S.suffers from a shortage of qualified aircraft mechanics and airline pilots. What is happening is that young people looking for solid career paths see that the pay is continually falling.](https://www.reddit.com/r/lostgeneration/comments/78e2jl/outsourcing_airplane_repair_jobs_imperils/) on /r/lostgeneration with 1 karma (created at 2017-10-24 14:54:17 by /u/RedditGreenit)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "291767", "title": "", "text": "Mayer had hired her own publicist while at Google and brought her to Yahoo when she came over. http://www.businessinsider.com/the-truth-about-marissa-mayer-she-has-two-contrasting-reputations-2012-7  This is no doubt a publicity piece. Definitely reads as one.  I am/was quite the fan of her before these details came out and waiting to see how things will turn at Yahoo."}
{"_id": "291783", "title": "", "text": "Finding that perfect assisted living facility may be difficult and confusing to choose. There are few factors one should look for before signing the dotted line. We asked summerfield.com owner, Rebecca Landau, to tell us, what makes her facility a sought after place for elderly looking for a Utah retirement.   What is assisted living? This is the most popular solution for elderly people who cannot live independently. It is place where residents will not have to cook their own meals or cut the grass. Our Summerfield Retirement facility offers less expensive residential care while providing a broad range of assistance.   What are the services you provide? Residents get assistance with their bathing, dressing, eating and any other needs. All three meals are cooked from freshly sourced ingredients taking into consideration the dietary needs of each resident. With 24 hour call-light assistance and customized care plan, residents remain socially active while maintaining their independence. Even though the Timpanogos Hospital is right across the street we have specialized doctors, dentists, and podiatrists making regular scheduled visits.  How is the quality of life at an assisted living community? The quality of life can well be seen on the faces of our residents. Every resident has made friends with each other and socially interacts with like-minded people. Daily exercise and a variety of different activities keep them active and happy. Scenic outings, bingo, musical performances, an onsite library, and gym ensure there is never a dull moment at Summerfield.   The best part about our UTAH retirement home is our ability to adapt to and provide support as needed by each resident. An elderly person with less mobility will require a different set of support than someone having trouble remembering details. So instead of losing all their independence and privacy, we provide and adaptable environment.   Information about our community Contact:  Phone: (801) 434 \u2013 7581 Address: 911 North 800 West Orem, Utah 84057 Send questions and inquiries through our contact form:  http://summerfieldinfo.com/contact/"}
{"_id": "291793", "title": "", "text": "The request to block the money is made by the Party who sells the product. Based on this request the Bank blocks the funds. Subsequently the Party who sold the product makes a charge against this block. Just to give an easy example; So in the online train booking there are multiple messages sent between the Bank and SNCF. Something has gone wrong. It looks like the message from Bank sending back the Block reference number to SNCF has not reached. So as per Bank there is a Block and as per SNCF there is no block. Keep chasing SNCF to issue a letter so that you can send it to the Bank and get the Block removed. Typically the Blocks by the Bank are for a period of 30 days and if there is no charge against that block it automatically gets reversed."}
{"_id": "291806", "title": "", "text": "Firstly, playing the lottery is not investing it is gambling. The odds in gambling are always against you and with the house.  Secondly, no one would ever give you a payout of 3 to 1 when the odds are 50:50, unless they were looking to give away money. Even when you place your chips on either red or black on a roulette table your payout if you are correct is 100% (double your money), however the odds of winning are less than 50%, there are 18 reds, 18 blacks and 2 greens (0 and 00). Even if you place your chips on one single number, your payout will be 35:1 but your odds of winning are 1:38. The odds are always with the house. If you want to play the lotto, use some money you don't need and expect to lose, have some fun and enjoy yourself if you get any small winnings. Gambling should be looked at as a source of entertainment not a source of investing. If you take gambling more serious than this then you might have a problem."}
{"_id": "291830", "title": "", "text": "\"You're right, the asset allocation is one fundamental thing you want to get right in your portfolio.  I agree 110%.  If you really want to understand asset allocation, I suggest any and all of the following three books, all by the same author, William J. Bernstein. They are excellent \u2013 and yes I've read each.  From a theory perspective, and being about asset allocation specifically, the Intelligent Asset Allocator is a good choice.  Whereas, the next two books are more accessible and more complete, covering topics including investor psychology, history, financial products you can use to implement a strategy, etc.  Got the time? Read them all. I finished reading his latest book, The Investor's Manifesto, two weeks ago.  Here are some choice quotes from Chapter 3, \"\"The Nature of the Portfolio\"\", that address some of the points you've asked about.  All emphasis below is mine. Page 74: The good news is [the asset allocation   process] is not really that hard:  The   investor only makes two important   decisions: Page 76: Rather, younger investors should own a   higher portion of stocks because they   have the ability to apply their   regular savings to the markets at   depressed prices.  More precisely,   young investors possess more \"\"human capital\"\" than financial capital;   that is, their total future earnings   dwarf their savings and investments.    From a financial perspective, human   capital looks like a bond whose   coupons escalate with inflation.    \u00a0 Page 78: The most important asset allocation   decision is the overall stock/bind   mix; start with age = bond allocation   rule of thumb. [i.e. because the younger you are, you already have bond-like income from anticipated employment earnings; the older you get, the less bond-like income you have in your future, so buy more bonds in your portfolio.] He also mentions adjusting that with respect to one's risk tolerance.  If you can't take the ups-and-downs of the market, adjust the stock portion down (up to 20% less); if you can stomach the risk without a problem, adjust the stock portion up (up to 20% more). Page 86: [in reference to a specific example where two assets that zig and zag are   purchased in a 50/50 split and adjusted back to targets] \u00a0   This process, called \"\"rebalancing,\"\"   provides the investor with an   automatic buy-low/sell-high bias that over the long run usually \u2013   but not always \u2013 improves returns. Page 87: The essence of portfolio construction   is the combination of asset classes   that move in different directions at   least some of the time. Finally, this gem on pages 88 and 89: Is there a way of scientifically picking the very best future   allocation, which offers the maximum   return for the minimum risk?  No, but   people still try. \u00a0 [...   continues with description of   Markowitz's \"\"mean-variance analysis\"\"   technique...] \u00a0 It took   investment professionals quite a while   to realize that limitation of   mean-variance analysis, and other   \"\"black box\"\" techniques for allocating   assets. I could go on quoting relevant pieces ... he even goes into much detail on constructing an asset allocation suitable for a large portfolio containing a variety of different stock asset classes, but I suggest you read the book :-)\""}
{"_id": "291836", "title": "", "text": "&gt;Canada has universities that are hugely benefitting. Students don\u2019t want to go to a country where they think they will be unwelcome. Smart people from India and China look at Trump and they make the decision that serves their interests the best.  Chinese people love Trump... they're also completely obsessed with American universities..."}
{"_id": "291847", "title": "", "text": "Unfortunately, no.  Think about the numbers. If you work for me, and I pay you $1000, you owe tax on $1000. If you still work, but I don't pay you, you have no tax due, but there's no benefit for you to collect for my stealing your time."}
{"_id": "291859", "title": "", "text": "\"I used to manage a start-up fast-casual restaurant that was owned by the largest franchisers of a non-related coffee shop. None of the guys that owned the coffee shop or my restaurant had gone to school for business management. The most they'd done is advertising (and frankly they were shit at it).   &amp;nbsp;  90% of what you need to run a successful business is going to be on the front end. Knowing how to manage employees, balance your labor hours with your revenue, knowing how and when to utilize different food products, knowing trends in the area, and being able to take all of that and apply it to a crowd of people who are predominantly going to be younger employees that don't has nearly as much vested in it as you. Good management is consistency and nit-picking. You have to drill the same thing, over and over, until it becomes muscle memory.   &amp;nbsp;  Have you tried talking to the owners about franchising? I'm assuming this isn't a franchise and is just a private shop. Being able to franchise this caf\u00e9 will not only give you the support you need from experienced professionals to run the same business but will also allow you to build on the customer base they've grown. You can come to the table with, \"\"I'll put XX in, pay you XX in royalties, and I want to have a say in the business operation as a primary franchisor.\"\"\""}
{"_id": "291862", "title": "", "text": "The issue with holding gold or silver is the liquidity of the asset. How are you going to unload on thousands of dollars of silver when you want to buy something? I dont think there will be hyperinflation period. It will be slow and solved politically eventually. If the dollar collapsed we would be in deep trouble. Investing in guns would likely be more profitable than silver and gold and in the anarchy you'd better believe someone will try to take your stash."}
{"_id": "291863", "title": "", "text": "Most of the money gained through PE is done through financial engineering/deal structuring. There are funds that are operationally focused which do make changes on the portfolio company level. From what I have seen, most people who are operationally focused do not achieve that much in the way of results. Picture it as consulting, except that the results of your initiatives are actually important.    As for turn-arounds, there are funds that specialize in that. Golden Gate Capital comes to mind. These are far more exciting investments, but can be very frustrating. If you want to look at it in terms of the public markets, turnarounds in PE are essentially levered value investments. It is likely that you aren't going to change the business much, but are actually just buying an out-of-favor business and waiting on the industry to bounce back.    The argument that PE funds just gut companies and sell with the new higher operating profitability is somewhat flawed. There is really only so much cost cutting you can do, once you have fired staff or corrected a mistake you won't likely have more chances to gain from that original problem. What people should be criticizing is that funds often cut capex and reinvestment to increase results at the expense of the future profitability of the company."}
{"_id": "291883", "title": "", "text": "There needs to be more numbers with your choices, without those any answer is purely speculation. Assuming that India is much like the US, you are almost always better to go with a company leased car.  That is if you are not responsible for the lease if your employment ends with the company. Here in the US companies typically reimburse, so tax free, their employees for about 50 cents per mile, or about 31 cents per kilometer.  This barely covers the gas and insurance and falls way short when one includes deprecation and maintenance.  So it is better to have the company to pick up all those costs.      Borrowing money on a car is just plain dumb no matter what the interest rate.  So I would stick with choice number 1 or 3 depending on the arrangement for the company leased car. The next question becomes how much you should spend for a car?  I would say enough to keep you happy and safe, but not much more than that until you are wealthy."}
{"_id": "291886", "title": "", "text": "\"This stock is the same as any other, but you need to keep clear in your head that you and your company are now different entities.  You (the person) will pay tax on capital gains and losses when you sell any stock that you hold in your own name.  You'll also owe \"\"regular\"\" tax if you draw a salary, etc.  The fact that it may be \"\"your\"\" company does not change these things. The company will not recognize a gain by selling stock to raise capital since it's nominally exchanging things of equal value, say $100 in cash for $100 in stock.  In order to sell stock, however, you MIGHT need to register with the SEC depending on how you're going about finding your investors, so keep that in mind.\""}
{"_id": "291893", "title": "", "text": "You and me both.  The thing is that you can't be a pure entrepreneur/intrepreneur - you have to do something else as well.   For me that's mostly programming (it's like a problem solving superpower!) and dabbling with general business skill."}
{"_id": "291903", "title": "", "text": "\"Pink Sheets is not a stock exchange per se, and securities traded through it are not as \"\"safe\"\" as the ones on a stock exchange regulated by SEC. Many companies are traded there because they failed to comply with the SEC regulations, or are bankrupt or don't want the level of reporting to the public that the SEC regulations require. Since you're talking about an ADR of a company traded on LSE, it might be much safer that other, \"\"regular\"\", securities, but still it means that you're buying an unregulated security (even if it is of a company regulated elsewhere). Notice the volume of trades: mere thousands of dollars per day (in a good day, in some days there are no trades at all). It makes it harder to sell the security when needed. Why not buying at LSE?\""}
{"_id": "291914", "title": "", "text": "Some types of loans allow for reamortization (recasting) - which does exactly what you're talking about (making a big payment and then refiguring the monthly amount rather than the overall lifespan), without requiring any kind of a fee that refinancing does. Not every, or even most, mortgages, allow for recasting. And most that do offer recasting, may limit the recasting to a once-a-loan type of thing. So check beforehand, and make those big payments before you do any recasting. (Most banks and mortgage servicing companies may not advertise or even speak about recasting options unless you specifically ask your loan officer.)"}
{"_id": "291922", "title": "", "text": "&gt; Why Are There So Many Women in Public Relations?  because SEX SELLS (buyers)  my first marketing manager position with a good budget, the CEO wanted to help me by bringing in an agency.  he selected an agency where the owner was a friend.  in comes the owner and **5 fabulous babes** dressed in amazing clothing  they were expensive (their work) but they sure were great to look at  a few years later, that first agency owner got into drugs so we got another.  so in walks this next owner and **4 fabulous babes**, even better looking than the first batch  may be anecdotal, but that's what I saw"}
{"_id": "291923", "title": "", "text": "There are a few standard ways: One thing to keep in mind is that you'll usually be charged a wire and/or service fee for the tranfer."}
{"_id": "291931", "title": "", "text": "Congratulations! I would start with an attorney. As a 17 year old, you legally cannot sign contracts, so you're going to have to setup some sort of structure with your parents first. Get attorney references -- your parents can ask around at work, if you're friendly with any business owners, ask them, etc. Talk to a few and pick someone who you are comfortable with. Ask your attorney for advice re: sole proprietor/S-Corp/LLC. You have assets, and your parents presumably have some assets, so you need advice about isolating your business from the rest of your life. Do the same thing for accountant references, but ask your attorney for a reference as well."}
{"_id": "291947", "title": "", "text": "You really don't know how it works. Clinton asked for a version of the bill without this and also requested a line item veto option. He got neither so he signed it holding his nose. This was pushed by one republican who fooled everyone.. Do you remember his name?"}
{"_id": "291949", "title": "", "text": "This is called imputed income, which is generally not taxed in the US."}
{"_id": "291985", "title": "", "text": "Right. That's what I was implying Chamaths words meant as well.  I felt like his words were a justification for Amazons crazy high P/E ratio compared to its competitors.  Because it has the potential to be a monopoly in the future.   The author on the other hand was implying that Amazon is currently a monopoly which is simply not true"}
{"_id": "291996", "title": "", "text": "\"Dividends are a way of distributing profits from operating a business to the business owners. Why would you call it \"\"wasting money\"\" is beyond me. Decisions about dividend distribution are made by the company based on its net revenue and the needs of future capital. In some jurisdictions (the US, for example), the tax policy discourages companies from accumulating too much earnings without distributing dividends, unless they have a compelling reason to do so. Stock price is determined by the market. The price of a stock is neither expensive nor cheap on its own, you need to look at the underlying company and the share of it that the stock represents. In case of Google, according to some analysts, the price is actually quite cheap. The analyst consensus puts the target price for the next 12 months at $921 (vs. current $701).\""}
{"_id": "292004", "title": "", "text": "Company was founded as a co-op.  If the company has a loss, you get negative patronage. Basically, it is a paper loss until the company can erase it with profits. However, you would have to pay it off you left the company before it was positive. That's my understanding. The company has only been profitable since I have been here.  If the company were to go bankrupt and didn't have enough assets to pay everyone, first it would pay taxes, then (if there was money) it would pay secured lenders, then unsecured lenders, then preferred shareholders, and finally, in the unlikely event that there was any money left, the workers would get paid back the value of their common stock."}
{"_id": "292015", "title": "", "text": "The one thing missing from all your accusations?  The word 'allegedly'.  It's clear evidence is not required for you to make up your mind.  It's ironic that you compared me to a creationist when you're the one who subsists entirely on second hand heresy and ignores over a decade of rigorous testing because it doesn't support your narrative."}
{"_id": "292038", "title": "", "text": "Contrary to popular belief, you can build your credit (if that is important to you) without paying a penny in interest.  This is done through the responsible use of credit cards, paying the bill in full each month without accruing any interest charges. If I were you, I would pay off the loan today, if possible.  After that, if you decide you need to build up your credit, apply for a credit card.  If you have difficulty with that, you can get a small secured credit card or retail store credit card until you have enough history to get a regular credit card."}
{"_id": "292044", "title": "", "text": "Yeah dumbfuck, as someone with a decade of education I think hard work and good decisions don't help with success. lol. This is where your kind just always goes off the fucking rails. You have to hyperbolize every goddamn thing to the point that you're only on the extremist edges. Ideologically based. Not data driven statistics. I think [this](https://www.mixcloud.com/rationallyspeaking/rationally-speaking-165-robert-frank-on-success-and-luck/) might get it across far better than I ever could. But seeing successful people as stubborn as you and bright hard working people struggle to get out of the gutter leaves a bad taste in ones mouth."}
{"_id": "292045", "title": "", "text": "\"When the strike price ($25 in this case) is in-the-money, even by $0.01, your shares will be sold the day after expiration if you take no action. If you want to let your shares go,. allow assignment rather than close the short position and sell the long position...it will be cheaper that way. If you want to keep your shares you must buy back the option prior to 4Pm EST on expiration Friday. First ask yourself why you want to keep the shares. Is it to write another option? Is it to hold for a longer term strategy? Assuming this is a covered call writing account, you should consider \"\"rolling\"\" the option. This involves buying back the near-term option and selling the later date option of a similar or higher strike. Make sure to check to see if there is an upcoming earnings report in the latter month because you may want to avoid writing a call in that situation. I never write a call when there's an upcoming ER prior to expiration. Good luck. Alan\""}
{"_id": "292047", "title": "", "text": "If you have a PO Box, the system may want your PO Box zip and PO Box number instead of your street address.  I tried many times and it wouldn't work, but when I used my PO Box zip and PO Box number (as street number), it finally worked.  Thanks, Powersurge!"}
{"_id": "292051", "title": "", "text": "\"Your first and second paragraphs are two different cases. Moving money between a checking account and a savings account will credit Cash and debit Cash, making a GL transaction unnecessary, unless the amounts in the two bank accounts are tracked as two separate GL accounts. You might have account 1001 (Cash-Checking) and account 1002 (Cash-Savings). In that case, a movement of money between these two accounts should be tracked by a transaction between the GL accounts; credit checking, debit savings. It won't affect your balance sheet, but depending on your definition of liquidity of assets  it might affect working capital on your statement of cash flows (if you consider the savings account \"\"illiquid\"\" then money moved to it is a decrease in working capital). Basically, what you are creating with your \"\"store credit\"\" accounts for each client is an \"\"unearned revenue\"\" account. When clients pay you cash for work you haven't done yet, or you refund money for a return as \"\"store credit\"\" instead of cash, the credit is a liability account, balancing an increase in cash, inventory, or an expense (if you're giving credit for free, perhaps due to a mistake on your part, you would debit a \"\"Store Credit Expense\"\" account). This can be split out client-by-client in the GL if you wish, avoiding the need for a holding account. The way you want to do it, you'd have a \"\"Client Holding\"\" account. It must be unique in the GL and to the client, and yes, it is a liability account. To transfer to holding, you simply debit Unearned Revenue and credit Client Holding, logging the transaction as \"\"transfer of client store credit\"\" or similar (moving liability to liability; balance sheet doesn't change). Then, as you sell goods or services to the client, you debit Accounts Receivable and credit Revenue, then to record the payment you credit AR and debit Client Holding (up to its current credit balance, after which the client pays you Cash and you debit that, or the client still owes you). To zero out a remaining balance on the Holding account, debit Client Holding and credit Unearned Revenue. I don't think the Holding account, the way you want to use it, is a good idea. If you want to track each customer's store credit balance with a GL account, then create specialized Unearned Revenue accounts for each client who gets a store credit, named for the client and containing their balance (zero or otherwise). If you don't care about it at the GL level, then pool it in one Unearned Revenue account (have one Store Credit account if you must), and track individual amounts off the books.\""}
{"_id": "292061", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.aei.org/publication/barriers-to-work-and-social-enterprise-estimating-the-target-population/) reduced by 92%. (I'm a bot) ***** &gt; One possible solution for people with barriers to work is social enterprise.  &gt; Of course, not all nonworking people with low incomes and at least one barrier would be expected to work if given the opportunity with social enterprise or even if they faced no barriers.  &gt; Thus, we also estimate counterfactual work rates for people with barriers to work based on their peers with similar demographic characteristics and educational backgrounds but who do not face barriers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6svryk/barriers_to_work_and_social_enterprise_estimating/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~188033 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **barrier**^#2 **social**^#3 **enterprise**^#4 **people**^#5\""}
{"_id": "292065", "title": "", "text": "The buyer of such an account is likely treating it as an asset, and if they ever resell it capital gains (or loss) would be realized. I don't see why this would be any different for the person that created the account initially, except that the basis starts at $0 making the entire sale price taxable. How you figure the value of the account before the initial sale would be more difficult, but fortunately you may not ever need to know the value (for tax purposes) until you actually sell it."}
{"_id": "292098", "title": "", "text": "KUCHING: While China Mobile Ltd (China Mobile) has been reported to have held talks to buy circa 20 per cent stake in Axiata Group Bhd (Axiata) at an undiclosed price, analysts say this deal is unlikely to happen.  According to the research arm of Kenanga Investment Bank Bhd (Kenanga Research), the stake would be valued at more than RM11.9 billion based on Wednesday\u2019s closing price of RM6.95.  No agreement was reached as Axiata and its largest shareholder Khazanah Nasional Bhd (Khazanah) were unwilling to sell that much equity stake and also considered the indicated offer price as too low.  Sources: http://www.ranker.com/list/the-jakarta-globe-xl-axiata-axis-capital-group-merger-plans/abbyditter http://www.yelp.com/topic/la-crescenta-montrose-the-jakarta-globe-axis-capital-group-telecom-purchase-xl-axiata"}
{"_id": "292131", "title": "", "text": "Companies that adopt a closed loop system potentially make a higher return on their marketing investment through sales. In 2011, SiriusDecisions co-founder, Richard Eldh, noted research that showed closed loop businesses grew revenues at an average of 7.5% from 2009 to 2010 while organizations with \u201cworst-in-class\u201d practices only grew an average of 1.4%."}
{"_id": "292141", "title": "", "text": "I love the constant denial on this site that mounting debt is an issue. By the way, this is an insult and not an invitation for a discussion. I really don't give a fuck what you or u/geerusell think on the issue. You are both total fucking idiots with your bullshit Keynesian views."}
{"_id": "292159", "title": "", "text": "\"Scenario 1 - When you sell the shares in a margin account, you will see your buying power go up, but your \"\"amount available to withdraw\"\" stays the same until settlement. Yes, you can reallocate the same day, no need to wait until settlement. There is no margin interest for this scenario.  Scenario 2 -  If that stock is marginable to 50%, and all you have is $10,000 in that stock, you can buy another $10,000. Once done, you are at 50% margin, exactly.\""}
{"_id": "292191", "title": "", "text": "China is protecting its prerogatives and, to a lesser extent, its people. American businesses were primarily in generating greater profits and bigger executive bonuses employees be damned. Fuel prices, the complexity of the global supply chain (and its vulnerability to crisis), as well as the slower growth and increasing competition in China are simply a reality check that most astute observers have warned about since the beginning of the trade openings."}
{"_id": "292219", "title": "", "text": "\"Since you have something of a background in econ, I'd check out the  iTunes University \"\"Financial Theory\"\" course provided by Yale University.   http://itunes.apple.com/us/itunes-u/financial-theory-video/id428500350  It starts off with the basics (time value of money, general equilibrium) and gets into some pretty topical issues -- dynamic hedging, mortgage backed securities, and so on. It's definitely an economics-focused course though, so there isn't going to be much coverage of more mathsy topics such as martingale pricing theory.\""}
{"_id": "292222", "title": "", "text": "Or we could allow market forces to work:   My suggestion woudl be to outlaw price descrimination (charging different people different rates), force providers to disclose prices publicly, and discourage patients from paying everything through a middle man type insureer and purchase more services upfront. We coudl then institute a national catastrophic insurance to trigger in life/death situations and we could then reimburse lower income people later with a government program; *but the amount of reimbursement needs to be hidden from the service provider,* because if they know how much the patient gets reimbursed, they will just charge more."}
{"_id": "292224", "title": "", "text": "\"Things are the way they are because they got that way.   - Gerald Weinberg Banks have been in business for a very long time. Yet, much of what we take for granted in terms of technology (capabilities, capacity, and cost) are relatively recent developments. Banks are often stuck on older platforms (mainframe, for instance) where the cost of redundant online storage far exceeds the commodity price consumers take for granted. Similarly, software enhancements that require back-end changes can be more complicated. Moreover, unless there's a buck (or billion) to be made, banks just tend to move slowly compared to the rest of the business world. Overcoming \"\"but we've always done it that way\"\" is an incredible hurdle in a large, established organization like a bank \u2014 and so things don't generally improve without great effort. I've had friends who've worked inside technology divisions at big banks tell me as much. A smaller bank with less historical technical debt and organizational overhead might be more likely to fix a problem like this, but I doubt the biggest banks lose any sleep over it.\""}
{"_id": "292229", "title": "", "text": "\"&gt; Barclays said the actions \"\"fell well short of standards\"\". Chief executive Bob Diamond is to give up his \u00a32.7m bonus.  Such a harsh self-punishment, especially when he pulled in over \u00a317 million last year.\""}
{"_id": "292230", "title": "", "text": "No. Even if you don't need the additional salary income now, you might be able to contribute the incremental amount over the Roth max to either of the other two types of IRAs, or maybe even something else. You never want to take a lower salary, especially not in exchange for something that is conditional e.g. benefits. Your salary is the only thing that is guaranteed as a condition of employment. Other things can be changed by the employer at a future point in time. If you have two different job offers and the salaries are different, that is a separate scenario. You should make the decision based on overall comparison, not just using Roth limit contribution criteria."}
{"_id": "292273", "title": "", "text": "And that's the rub, you didn't win a fucking thing. You are not part of a team. You are just brainwashed by the politics you choose to isolate yourself with. Trump won, not you, and he won on accident and on lying to people that supported him foolishly.  He was expecting to lose, and the day before and day of election Tuesday his campaign was pushing a narrative that democrats cheated to win.  We all fucking lost. You lost worse that I did, because you continue to put your hope in a lying scumbag who has no morals, scruples, or sense of decency whatsoever, and it is too painful to admit your monumental fuckup."}
{"_id": "292274", "title": "", "text": "Fair enough, they got capacity wrong, with so much more capacity, the additional **production** must have been so much underestimated too, or was it?     Because if production wasn't 50 times more than expected, this brilliant study just demonstrated that solar capacity factor was grossly overestimated."}
{"_id": "292281", "title": "", "text": "\"To answer your question point by point - I'd focus on the last point. The back of my business card -  Let's focus on Single. The standard deduction and exemption add to over $10K. I look at this as \"\"I can have $250K in my IRA, and my $10K (4%) annual withdrawal will be tax free. It takes another $36,900 to fill the 10 and 15% brackets. $922K saved pretax to have that withdrawn each year, or $1.17M total.  That said, I think that depositing to Roth in any year that one is in the 15% bracket or lower can make sense. I also like the Roth Roulette concept, if only for the fact that I am Google's first search result for that phrase.  Roth Roulette is systematically converting and recharacterizing each year the portion of the converted assets that have fallen or not risen as far in relative terms. A quick example. You own 3 volatile stocks, and convert them to 3 Roth accounts. A year later, they are (a) down 20%, (b) up 10%, (c) up 50%. You recharacterize the first two, but keep the 3rd in the Roth. You have a tax bill on say $10K, but have $15K in that Roth.\""}
{"_id": "292289", "title": "", "text": "There are a great number of briquetting plant manufacturer or supplier that happen to be involved in the manufacturing of briquetting equipment. These manufacturers are generally experienced in and possessing the professional expertise in developing qualitative briquetting equipment design and style to offer their potential customers optimum performance and consistent in giving the desire output also with the Guranteed results."}
{"_id": "292307", "title": "", "text": "Wow, you really just turned this discussion to make make this all about you. And not only that, you've cherry picked only certain things you want to refute, actually one little thing, and overlooked most of my last comment. I think that says everything about your argument that you avoided most of mine...   Whatever, go keep living in your echo chamber."}
{"_id": "292322", "title": "", "text": "\"If you have a huge disparity in incomes, \"\"maybe\"\".   If you make roughly in the same ballpark, **Noooooo!**   The ability to file separately and have one partner (the higher earner) itemize and claim all the home-related deductions while the other takes the standard deduction is one of the greatest (middle-class) loopholes in modern tax law.  When married, even if filing separately, you have to both itemize or both take the standard deduction.   You just need to take care that the person itemizing has provably contributed *at least* the amount they claim toward the house.  So have one of you write the checks for the mortgage and property tax, and the other pay for everything else, and it'll probably come out roughly even over time.  Going back to my first line, the US tax code seems to be designed around the stereotypical Donna Reed 1950s household, with a single earner.  The closer you are to equal, the bigger the marriage tax **penalty** gets.\""}
{"_id": "292324", "title": "", "text": "\"Yes, an estate plan can be very important.  Estate planning - typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses. Guardians are often designated for minor children and beneficiaries in incapacity. In general, your \"\"estate\"\" includes all of your assets, less all debt, plus death benefits from all life insurance policies not held in an irrevocable trust. The biggest reason to have an estate plan is to make sure that your personal values about both medical and personal finance financial matters are honored in the event that death or incapacity prevents you from acting for yourself. In addition, tax minimization is a further and very important goal of estate planning for persons with taxable estates. To create an estate plan for yourself or update an existing plan, you will most likely need the services of an estate planning attorney. When you consult with an estate planning attorney, the attorney considers how you want assets distributed to heirs, what taxes might your estate be liable for and whether there are tax-minimization strategies that would be appropriate and appealing; what your preferences and values are with respect to the management of medical and financial affairs in the event of incapacity; and any complicating family issues. To deal with these issues, your attorney will need full and accurate information about you, including: When an estate plan is created, be sure you understand what the attorney is saying. Estate planning ideas can be confusing. It is also appropriate and expected for you to ask about the attorney's fee for any legal service. Some articles and resources: Get ahead of your estate planning Estate Planning by CBA\""}
{"_id": "292330", "title": "", "text": "\"Really?  . . . I don't think the Fucking Moron made it past Checkers, Chess was probably way beyond his ability to comprehend.  Actually The Orange Cantilope thinks he is playing \"\"Blind Poker\"\" and he is trying to Bluff his way to a win, what the Moron does not realize is that everybody else knows what they are holding and also know what he is holding and the only person at the table who doesn't know what he is holding is him.  He invented a new game  Ignorant Moron Poker\""}
{"_id": "292331", "title": "", "text": "I'm an independent tech contractor in Canada.  The single payer health care makes it so much easier to be a contractor or to create a startup.  I have to wonder if the lack of healthcare in the US is the result of businesses trying to retain white collar workers that would otherwise go independent.  In this environment, it's little surprise that I prefer getting those big cheques over getting benefits.  Usually the benefit packages are little more than dental, many of which only provide partial coverage."}
{"_id": "292338", "title": "", "text": "If you are sure you are right, you should sell stock short. Then, after the market drop occurs, close out your position and buy stock, selling it once the stock has risen to the level you expect. Be warned, though. Short selling has a lot of risk. If you are wrong, you could quite easily lose all $80,000 or even substantially more. Consider, for example, this story of a person who had $37,000 and ended up losing all of that and still owing over $100,000. If you mistime your investment, you could quite easily lose your entire investment and end up hundreds of thousands of dollars in debt."}
{"_id": "292348", "title": "", "text": "\"There's Amazon deliveries already in the SF Bay area. Not too bad. There's also a few couriers as well that do regional  I can almost see the fallback if Gartner makes a report on this. \"\"Amazon has its own delivery service, so we should too!\"\"\""}
{"_id": "292351", "title": "", "text": "These earnings will likely have tax implications, depending on where in the world you are. So, your budget concerns not nearly as important as having an honest conversation about money with your husband. Better for him to be mad about the truth than to continue the lie, and potentially have this become a much larger legal, not just marital, problem."}
{"_id": "292368", "title": "", "text": "several obvious result:  1. nobody takes US treaty and agreement seriously. It is assumed everything will become political football during election, and any elected clowns will change anything and everything.   2. No smart company will invest mega project with long and initial low return. Semiconductor fab, complex supply chain, base metal and chemicals, shipyard, etc.  By default US is now isolated from global supply chain. All complex industry will be outside US. There is no price and political stability.   3.  the tally, US is isolated from global  supply chain, energy chain, electronics fab and manufacturing,  shipping, And most of newer free trade zone. There is no way US can keep maintaining global competitiveness that much longer.  US based product price will be completely out of world's market.  .  Here is one example:  Bill calls for U.S.-flag ships for 30% of LNG, crude exports   http://www.marinelog.com/index.php?option=com_k2&amp;view=item&amp;id=25279:bill-calls-for-us-flag-ships-for-30-of-us-lng-crude-exports&amp;Itemid=231  In order for that to happen: a) one has to have competitive shipyard, otherwise the ship will be too expensive. b)somebody has to finance that multi billion dollar projects. c) there has to be steady supply and buyer, long term contract and treaties. US has no steady LNG port and no long term buyers.  It is at war/bickering with all major LNG buyers.    who is going to buy that kind of deal or who is going to be the global salesman?  Trump?  yeah sure... He will just piss off everybody by second sentence."}
{"_id": "292413", "title": "", "text": "One of many reasons no one should take DailyFail seriously:  &gt;Tesla shares shot up by more than three per cent to $312.39 per share - compared to GM's valued at $33.97 and Ford's which are worth just $11.25 per share."}
{"_id": "292423", "title": "", "text": "Just because he owns several businesses and brands, doesn't mean he's good with money. It's like you're saying a person is good at running 200mph if they're driving a car that can go that fast. His financial advisor is good with money, like how a car is good at going 200mph.   &gt;You just hate him cuz he's a dick that makes life look easy as fuck... get over yourself  At this point, I think you're just projecting. I don't hate him or dislike him, or have any opinion. You seem to be the one emotionally invested in defending his finance management abilities."}
{"_id": "292447", "title": "", "text": "Check out the property websites to get an idea of how much, the property in question, could yield as rent. Most give a range and you can get a good idea of it. Just one example from zoopla. Likewise you can refer mouseprice or rightmove and get yourself an idea. Property websites do a lot of data crunching to do an update, but their figure is only a guide."}
{"_id": "292458", "title": "", "text": "Fair enough. It's an interesting one, seems everyone has taken to wearing them in the US office. We rip the piss out of them pretty badly over here, until one dude rocked up with an Axe Capital one. That was pretty cool"}
{"_id": "292460", "title": "", "text": "There's plenty of companies selling groceries. I would say there's only one online store with an almost entirely vertically integrated business model where you buy goods and have them delivered by that same company. Literally the only middle-man left for Amazon to cut out is the manufacturers/distributors which for now probably won't be integrated to reduce risk/increase flexibility."}
{"_id": "292461", "title": "", "text": "\"Thanks for the link. It was great to hear Curtis speak about things.   He had an interesting take on Occupy Wall Street.  He said if he'd been in charge of it he's have sacked the leaders but he didn't make note of how OWS was slowly neutered by the MSM.  After the intial coverage, the MSM began focusing their reporting on the physically more disagreeable aspects of that many people ensconcing themselves into an area and they started framing it as a public heath hazard and a nuisance.  Once the public had absorbed the message and interest waned, the police were sent in to disperse them all.   Edit. After listening to the whole thing, Curtis' final monologue on \"\"change\"\" and who expects what type of change and what it would cost them was brilliant and stunningly prescient.  It made me redefine the \"\"change\"\" I envision.\""}
{"_id": "292475", "title": "", "text": "When inflation is high or is rising generally interest rates will be raised to reduce people spending their money and slow down the rate of inflation. As interest rates rise people will be less willing to borrow money and more willing to keep their money earning a good interest rate in the bank. People will reduce their spending and invest less into alternative assets but instead put more into their bank savings. When inflation is too low and the economy is starting to slow down generally interest rates will be raised to encourage more spending to restart the economy again. As interest rates drop more will take their saving out of their bank accounts as is starts to earn very little in interest rate and more will be willing to borrow as it becomes cheaper to borrow. People will start spending more and investing their money outside of bank savings."}
{"_id": "292480", "title": "", "text": "While it is true that this formula may have historically outperformed the market you have to keep one important thing in mind: once the formula is out in the open, the market inefficiency will disappear. Here is what I mean. Historically there have always been various inefficiencies in the market structure. Some people were able to find these and make good money off them. Invariably these people tend to write books about how they did it. What happens next is that lots of people get in on the game and now you have lots of buyers going after positions that used to be under-priced, raising demand and thus prices for these positions. This is how inter-exchange arbitrage disappeared. Its how high frequency trading is running itself into the ground. If enough demand is generated for an inefficiency, the said inefficiency disappears or the gains get so small that you can only make money off it with large amounts of capital. Keep in mind, as Graham said, there is no silver bullet in the stock market since you do not hold any data that is unavailable to everyone else."}
{"_id": "292488", "title": "", "text": "\"Yup. Everyone was like: \"\"omg it's a bubble.\"\"    Well not if we deflat the ballon once in a while to keep it balanced. Then it's not a bubble, but a trend up.    \"\"But if it's not a bubble then it must be tanking!!!!!\"\"   What are you people, bots with boolean AND logic? You know, that explains a lot of things.\""}
{"_id": "292490", "title": "", "text": "If you wanted to spend money in another country, a specialist credit card would be the most cost-effective way. Near-spot exchange rate, zero-loading, no/low ATM fees. Likewise a pre-paid debit card would also allow for money transfer across borders. If this is the right situation, FOREX trading platforms are overkill to achieve a valid solution."}
{"_id": "292552", "title": "", "text": "Unfortunately I've seen every single example you've provided from the health care providers perspective.  Trust me, they aren't happy about the situation either - hence the reason they will demand up front payment from you based on who your insurance carrier is.  I could name a few of the top brand name insurance companies in this country that do all of this to their clients.   Medical billing is an incredibly over complicated beast.  One that insurance companies have been doing everything they can to make worse over the years.  The codes can change annually and there are MANY different codes which can cover the exact same situation.  Sure the insurance company might cover gallstones, but if you happen to be pregnant, well, that may not covered even though the treatment is the exact same. What can you do? Consider locating a new insurance company.  You do have options and don't have to go with the one your company uses.  The downside is that this is going to take quite a bit of research on your part and it will end up costing you more money on your monthly premiums simply because your company won't be footing part of the bill.   Talk to other co-workers and see if their experiences match yours.  If so, try to get a large enough group together to approach management and demand resolution.   A third potential avenue is to get politically involved - but I'm enough of a pessimist that I doubt that would do any good.  From what I've seen, neither major political party's current position actually does anything to solve the problem. A fourth option is suing the insurance company - but that is going to be incredibly expensive and take forever.  You might have better luck getting together with a bunch of local people and demand your attorney general review the billing/payment practices. Again, this is going to require a LOT of effort. A fifth option is to attempt to cash pay your bills and submit them yourself to the insurance company for reimbursement.  If you do this you can likely negotiate lower bills with the medical provider.  For anything less than about $2,000 I negotiate the amount prior to service.  Believe me when I say that providers are more than happy to give decent discounts if they know they won't have to deal with the insurance companies themselves.  Slightly more work for you, but could be far cheaper in the long run."}
{"_id": "292553", "title": "", "text": "\"It's just poor writing. Developers like to presell the houses and so on the lots, they advertise the very rough estimate for how much the final house will be selling for. The \"\"with the completed homes selling for as much as\"\" 500k means that the developer is selling most of the houses in the 400k range (or they have at least one sale at ~500k)\""}
{"_id": "292555", "title": "", "text": "\"I could be wrong, but I do not think that's the actual question being argued or it wouldn't be at the SCOTUS.  I believe the question is actually, is it a violation of ones first amendment rights to have to pay an organization that uses it's resources to support polical causes and ideals that you may not agree with.   Regadless of what you feel about that statement, in my opinion, this suite like the ones before it are really only about money and politics. Companies can save money if there are weeker Unions and Democrats lose a strong power base.  That's why there are groups like the freedom foundation. They don't actually care about protecting your free speech, they care about their \"\"doner's\"\" bottom line and idiology.    PS - I'msure this is a shocker, but I will admit that I do have a bias in this argument. Although I am not and never have been a union member, I was raised comfortably on union salaries.\""}
{"_id": "292556", "title": "", "text": "Yeah, Metallica took the opposite route and where the hell are they now? Collecting dust? To continue the music analogy, Wilco did the same as Louie (basically) and it broke them into the mainstream. This idea is nothing new, it is just about convincing the artists to adopt it."}
{"_id": "292559", "title": "", "text": "The benefit is not in taxes. When you sell a portion of your stock, you no longer have a portion of your stock. When you get a dividend, you still have a portion of your stock. Dividends are distributed from the net profits of a company and as such usually don't affect its growth/earning potential much (although there may be cases when they do). So while the price takes a temporary dip due to the distribution, you're likely to get the same dividends again next year, if the company continues being similarly profitable. If you sell a portion of your stock, at some point you'll end up with no more stocks to sell."}
{"_id": "292568", "title": "", "text": "I'm right in the middle of Gen X.  While I don't hate Applebee's, I never go.  They're on the expensive side and all of the small local restaurants will serve a better meal at half the price.  I'm also cooking more at home.  I recently bought a high temperature grill from a restaurant supply company that I'm installing at the house I just bought.  It's the same thing restaurants use, so I will have the same food for 10%-25% of what a restaurant charges.  The bottom line is that Applebee's charges too much for their product.  The product is OK, and I've had really good service at Applebee's.  The servers are usually nice and competent.  But I can't pay $15-$20 for a meal I can knock off for $3 or get at a local reataurant for $10."}
{"_id": "292572", "title": "", "text": "I was in a similar situation and my method was this: since I already had a fidelity 401k account it was pretty easy to open a individual account through the website.  From there you can just put the money into a general market mutual fund or exchange traded fund. I prefer low expense ratio funds like passive indexed funds since studies show that there isn't much benefit to actively traded funds.  So I just put my money into the popular, low fee fund SPY which tracks to the S&P 500.  I  plan on leaving the money there for at least a year, if not several years, so I can pay the lower capital gains tax rate on any gains and avoid paying the commissions too many times. In your situation you might want to consider using the extra cash to max out you and your wife's 401k this year, since you aren't already taking full advantage of that. Often people recommend saving 10% or 15% of gross income throughout their career for retirement, so you're on the low side and maybe have a small bit of catch up to do. Finally you could also start a 529 education saving plan to save for kid's future college cost."}
{"_id": "292602", "title": "", "text": "Because the distribution date was APR 21, 2011, THAT should be the correct date for ascertainng the stock prices of the GM stock and warrants.  The subsequent distributions after April should also be allocated in accordance with their distribution dates, with tax basis being reduced from the original APR 21st date's allocations, and reallocated to those subsequent distributions, taking into account any interim sales you might have made."}
{"_id": "292609", "title": "", "text": "The risk of the particular share moving up or down is same for both.   however in terms of mitigating the risk, Investor A is conservative on upside, ie will exit if he gets 10%, while is ready to take unlimited downside ... his belief is that things will not go worse .. While Investor B is wants to make at least 10% less than peak value and in general is less risk averse as he will sell his position the moment the price hits 10% less than max [peak value] So it more like how do you mitigate a risk, as to which one is wise depends on your belief and the loss appetite"}
{"_id": "292610", "title": "", "text": "If your goal is to work in the U.S. then it would make sense to attend a U.S. university. American companies are going to recruit on american campuses after all. Or you could stay in Europe and target a U.S. multinational after graduation. Fluent English and another European language would be a big plus. (it's not much of an 'international' business degree if it doesn't include a language)"}
{"_id": "292615", "title": "", "text": "While it\u2019s your personal choice on HOW you save for later its essential that you save. My sister works in a bank and recommended me not to put any money into retirement plans since the tax-advances seem fine but have to paid back when you take the money out of the accounts (in Switzerland, don't know about the united states). Many reasons exist that you suddenly need the money: Buying a house, needing a new car, health issues or just leaving the country forever (and the government trying to make it as hard as possible for you to get your money back). I recommend putting it on a savings account on a different bank that you normally use, without any cards and so on. In short: It can be dangerous to have money locked away \u2013 especially if you could easily have it at your hands and you know you're able to manage it."}
{"_id": "292622", "title": "", "text": "In my experience, there are two types of redditors.  Reddit is mostly those who just vote &amp; move on - they vote up the sensational headlines, the memes, the images, etc.    Then reddit has those who comment in non-default subs - they're the ones in the comment sections of those posts complaining about what a crappy post it is.    The first group seems to have a big = bad business mentality, the other group seems more nuanced."}
{"_id": "292627", "title": "", "text": "All hearsay and a bad memory, but if I remember correctly, when you dig deep the reason he raised salaries was to help fight some lawsuits against his ex wife and/or ex business partner. These raises effectively made the company make nothing while he was fighting lawsuits. Then it eventually turned into publicity and more clients for his payment processing company."}
{"_id": "292630", "title": "", "text": "it's really interesting that the more legal it becomes the more that this will become the perception of it i think.  in the 90s it was exciting edgy counter culture.  now when i think of smoking weed  i think of chumps like this guy, frightened depressed and ill but pretending it's party time.  whenever he starts hacking his lungs up i just want to give him a cuddle and make him a cup of tea.  https://www.youtube.com/watch?v=5AGcHwwQ24I"}
{"_id": "292640", "title": "", "text": "Me either. I havent even read the book yet, its sitting on my shelf. I know he influenced the container store, and i read that and was mildly impressed.  Of all the bad corporate practices, charging too much is one of the least immoral, because the consumer can just shop elsewhere (unless ur Comcast...). I haven't given it a ton of thought, but if your environmentally\u200bminded, and you take care of your employees, your doing ok. The customer treatment might make you a disliked company, but maybe not an immoral one? Whats ur take on that?"}
{"_id": "292642", "title": "", "text": "If you want to make sure you pay at or below a specific price per share, use a limit order. If you want to buy the stock close to the current price, but aren't price sensitive, use a market order. Market orders are typically not a great idea because if you're buying thousands or tens of thousands of shares this can mean a large swing in cost if the market suddenly changes direction."}
{"_id": "292654", "title": "", "text": "\"&gt;You assume that student performance is a good proxy for teacher performance. One of the bigger influences on student performance is parent engagement.  If the goal is success in actual conveyance of knowledge, then external factors are merely the \"\"environment\"\" in which the performance (or lack thereof) must be executed.  If a teacher is incapable of reaching a particular group of students (due to whatever \"\"environmental\"\" reasons) then that teacher is obviously NOT performing IN that environment.  It would be best then (for everyone, *including that teacher*) to get a DIFFERENT teacher in their place; and for that teacher then to attempt to teach in a different environment (where they may be capable of shining), rather than to keep them in an environment where they are failing.  **A big part of the problem here is that \"\"merit\"\" is seen by teachers as if it were a judgment of them as PEOPLE** -- which, ironically enough is a rather juvenile mindset -- when in fact **it is merely a judgement of their specific performance in a particular situation.**  And as far as pay is concerned -- pay varies in virtually EVERY profession and industry (and people MOVE and CHOOSE accordingly) -- the seeking of some utopian \"\"egalitarianism\"\" is woefully naive.\""}
{"_id": "292664", "title": "", "text": "Because our entire economy is based on the stuff to keep going and every ounce has to be pulled out of the ground from somewhere.  Microsoft and Apple couldn't exist without oil to create the plastic and other components that go into computer hardware let alone getting employees to their campuses via car or bus."}
{"_id": "292667", "title": "", "text": "\"sorry mate, its not about being loyal. it's about what you negotiate.   you stay with a company long enough and you'll only rack up your annual 2% pay increase and see minor raises until you're promoted to incompetence. If you really want to see healthy compensation than you need to realize it's about negotiating to your true value to the market - not just join a company and cross your fingers for the best.   Frankly, if someone is willing to pay more ($$ and other benefits) then you'd do yourself and those you support a disservice not going for it. There are times when you should be less aggressive about it for the long haul, but don't forget, a company's job is to turn a profit which means getting workers to work at the lowest possible salary. And when a corporation thinks someone is \"\"loyal\"\" and won't move, then a smart company will go ahead and test that assumption.  Re: entry level expectations about their true value - absolutely agree, expect entry compensation. But don't think being \"\"loyal\"\" is what changes that. Only increasing your actual value does - not just because you've been around forever.\""}
{"_id": "292714", "title": "", "text": "Yes, if all my savings were in Euro, I would absolutely be converting everything to US dollars, and possibly some gold.  You probably don't want to sit around with lots of Euros while watching the shit hit fan.  Talk to your bank, possibly they can open a US dollar bank account in your own country for you.  Definitely any bank that has an international presence, like HSBC, should be able to do this for you.  And if not US dollars, British Pounds would also be another option."}
{"_id": "292718", "title": "", "text": "Buying a car is a very big financial decision.  There are three major factors to decide which car to buy: Pick two because you can't have all three.  You can either have a reliable car that has cheap running costs but will be expensive to buy or a cheap car that is unreliable.  If you are mechanically minded then reliability might not be that important to you.  However, if you must get to work on time every day then owning a car that breaks down once every six months might be something you wish to avoid. There are a lot of hidden costs that should be thought about very carefully when considering purchasing a car: In my country, annual car registration costs are around $650.  I budget around $1000 for maintenance each year (a major + minor service and some extra repair work).  When I factor in an amount for depreciation, that brings the running costs of the car to somewhere between $1500 and $2000 per annum before I've driven it anywhere. Generally I will fill up my car for $50 around once a month (I don't drive too often) which makes my total cost of ownership somewhere around $2500 per annum.  When I was driving my car to work daily, the petrol costs were much higher at around $50 per week, which made my TCO somewhere around $4500 p.a. And this is on an extremely reliable, fuel efficient 2006 model car which cost me $18k to purchase.  I have no debt on this car.  But the car itself is a liability.  Any car will be a liability. I understand that petrol prices are ridiculously low in the US and probably registration is lower as well.  In this case you will need to adjust your figures and do the maths to work out what your annual cost of ownership will be. There are three alternatives to car ownership to consider which may save you money: Public transportation and car pooling are highly recommended from a financial perspective, though you may not have access to either in your situation.  Moving closer to work may also be an option, though for many jobs this may increase your cost of living. If you decide that you do need a car and decide that $2000 is not going to get you the car you feel you need ($2000 usually does not get you much), you will need to decide how to finance the car. You will want to avoid most dealer-based finance deals.  Be very wary of any dealer offering interest free finance as they usually have some pretty nasty conditions. Getting a loan from your parents or another family member is usually the best option.  Otherwise consider getting a personal loan, which will have a lower interest rate than a credit card or dealer finance. Another option could be to get a credit card on an interest-free promotional deal which you could pay down before the interest kicks in.  Be warned though, these deals usually require you to pay off your whole balance before the due date or they will back-charge interest on the whole amount. In short, these are the decisions that you will need to make:"}
{"_id": "292741", "title": "", "text": "What does this mean by \u201cfrom\u201d? Will the price change while you are   living there? It means the cheapest apartment(s) they have are $875, but they have more expensive apartments as well. They likely have apartments with different numbers of rooms and other features that they charge a premium for.  Some leases have clauses that allow for rent to increase over time, but that's not very common, typically if a price can change it's limited to increases due to utility rates or taxes."}
{"_id": "292748", "title": "", "text": "\"I really have to use the business card for personal expenses, please assume that in your answer. This is very hard to believe. You must do that? Why not just have the company pay you $1600 each month? Then you can use that money for whatever you want. Why can't you do this? (I cannot think of a legitimate reason...) How to integrate the personal expenses in company? Anyway, to answer your question, what I've done when I accidentally used my corporate card for a personal expense is to code the expense as a payment to me similar to if a check had been written to me. If you aren't ever paying yourself, then you should just pay the company back the $1600 every month. As a side note, I highly recommend you don't do this. By doing this on a regular basis you are opening the door for piercing the corporate veil. This means that the financial protections provided by the LLC could potentially be stripped away since personal and corporate funds are being mixed. The unfortunate end result is that personal assets could end up being fair game too in a judgement against the company. Even if you aren't an owner, your relative could be considered to be \"\"using business money for personal expenses\"\", namely, letting a relative spend business funds for personal use. How to show more expenses and lessen the profit? If you're referring to the personal expenses, then you absolutely do not want to do this! That's illegal and worthy of stiff penalties, which possibly include jail time for tax evasion. Better to just have the company pay you and then the entire payment is deductible and reduces the profit of the company.\""}
{"_id": "292762", "title": "", "text": "Yes. On December 10, you have a wash sale. As long as you don't buy the stock back for 30 days after that, the wash is of no consequence. In other words, you don't have a wash issue if you don't own the stock for 30 days."}
{"_id": "292769", "title": "", "text": "\"As ApplePie discusses, \"\"tax bracket\"\" without any modifiers refers to a single jurisdiction's marginal tax rate.  In your case, this is either your California's \"\"tax bracket\"\" or your Federal \"\"tax bracket\"\" (not including marginal Social Security and Medicare taxes).  But if someone says \"\"combined state and federal tax bracket\"\", they probably mean the combination of your state and federal income tax brackets (again, lot including sales taxes, business and occupational taxes, social security taxes, and medicare taxes).  The math to combine the state and federal marginal tax rates is a bit tricky, because most people can deduct either their state and local income taxes, or their state and local general sales taxes when computing their income for federal income tax purposes.  (The federal \"\"alternative minimum tax\"\" restricts this deduction for some people.) For a single person earning $ 100,000 of salaries and wages in California, whose state income taxes are close to their standard deduction, the calculations for the combined marginal income tax rate look something like this: As mentioned above, this understates the tax bite on marginal \"\"earned income\"\".  To find the true marginal rate, we need to add in Social Security taxes, Medicare taxes, sales taxes, and business & occupation taxes.  The Social Security and Medicare taxes are sometimes called \"\"self employment taxes\"\".  This math omits unemployment insurance and workers' compensation insurance, because those taxes are typically capped well below $ 100,000 per year of income.  This math also omits B & O taxes, because this question is California specific. If an employer wishes to increase an employee's pay by $ 1,076.50, the first $ 76.50 will go to the employer's share of Social Security and Medicare taxes.  The remaining $ 1,000.00 will be subject to the combined marginal income tax rate discussed above, plus will have $ 76.50 go to the employee's share of Social Security and Medicare taxes.  The employee might buy some extra things with some of their extra money, and pay sales tax on them. In 2016, a 9 % sales tax rate was common in California's largest cities. The IRS estimated that (for a single person with no dependents making $ 100,000 per year who did not buy a boat, RV, motor vehicle, or major home construction), about 9 % of their marginal gross income was subject to sales tax.\""}
{"_id": "292788", "title": "", "text": "\"There is no one solution to every project finance problem. Two models might make sense in this situation, however. In this case, you would count all the money that you give to your friend as a loan which he will pay back with interest. The interest rate and loan amounts will have to be agreed on by both of you. One one hand, the interest should be high enough to reward you in a successful outcome for the amount of risk that you take on if things don't work out. On the other, the interest rate needs to be low enough where his earnings after loan repayment justify your friend's effort, in addition to being competitive to ant rate your friend could secure from a bank. The downside to this plan is you don't directly benefit from the franchise's profits. In this model, you will record the cash that each of you invests. Since your friend is also adding \"\"sweat equity\"\" by setting up and operating the franchise, you will need to quantify the work that your friend and you invest into the franchise. Then you can determine how much each of you has invested in terms of dollars and split any franchise profits based on those proportions. The downside of this plan is that it is difficult to estimate how much time each of you invests and how much that time is worth.\""}
{"_id": "292790", "title": "", "text": "It depends on your bank and your mortgage contract details if they are willing to handle it that way, but you are correct in your assumption that you should be able to save the interest for the twenty days, which accumulates to significant savings. A rough estimate for the overall saving is 20 years x 3% x 20/30 of the days = (one time) 40% of your monthly payment."}
{"_id": "292805", "title": "", "text": "\"For the S&P and many other indices (but not the DJIA) the index \"\"price\"\" is just a unitless number that is the result of a complicated formula.  It's not a dollar value.  So when you divide said number by the earnings/share of the sector, you're again getting just a unitless number that is incomparable to standard P-E ratios. In fact, now that I think about, it kinda makes sense that each sector would have a similar value for the number that you're computing, since each sector's index formula is presumably written to make all the index \"\"price\"\"s look similar to consumers.\""}
{"_id": "292811", "title": "", "text": "\"You don't actually have to make four equal payments on US federal taxes; you can pay different amounts each quarter.  To avoid penalties, you must have paid \"\"enough\"\" at the end of each quarter.  If you pay too much in an early quarter, the surplus counts towards the amount due in later quarters.  If you have paid too little as of the end of a quarter, that deficit counts against you for interest and penalties until it is made up in later quarters (or at year-end settlement). How much is \"\"enough\"\"?  There are a number of ways of figuring it.  You can see the list of exceptions to the penalty in the IRS documentation.  Using unequal payments may require more complicated calculation methods to avoid or reduce penalties at year-end.  If you have the stomach for it, you may want to study the Annualized Income Installment Method to see how uneven income might affect the penalty.\""}
{"_id": "292861", "title": "", "text": "\"You are entirely correct that it is an assumption, so I will not argue the point any further other than to say that I don't think it's a very large stretch of the imagination to say that a more robust bitcoin \"\"economy\"\", and a larger user base would smooth it out the volatility. It seems pretty reasonable to me that the instability in prices can't be accounted for from the technology that runs bitcoin, and yet it is obvious that the current bitcoin economy is borderline abysmal. It's the things bitcoin allows you to do outside of financial institutions that give it a robustness over typical government backed fiat currencies. When we utilize this advantage, **real** people will use the technology, and a genuine bitcion economy could flourish.   As a caveat to this, I'm not 100% convinced that *\"\"bitcoins\"\"* are the answer. To me, bitcoins are one particular brand of free (as in speech), decentralized, crypto-currencies. When I speak of bitcoins, I'm promoting the idea it represents more than this particular implementation, although I do believe bitcions (the exact software you can download and run at this moment) have the potential for tremendously more use than they're currently being used for.\""}
{"_id": "292865", "title": "", "text": "What you should compare is SPX, SPY NAV, and ES fair value.   Like others have said is SPX is the index that others attempt to track. SPY tracks it, but it can get a tiny bit out of line as explained here by @Brick .  That's why they publish NAV or net asset value.  It's what the price should be.  For SPY this will be very close because of all the participants.  The MER is a factor, but more important is something called tracking error, which takes into account MER plus things like trading expenses plus revenue from securities lending.  SPY (the few times I've checked) has a smaller tracking error than the MER.  It's not much of a factor in pricing differences. ES is the price you'll pay today to get SPX delivered in the future (but settled in cash).  You have to take into account dividends and interest, this is called fair value.  You can find this usually every morning so you can compare what the futures are saying about the underlying index. http://www.cnbc.com/pre-markets/ The most likely difference is you're looking at different times of the day or different open/close calculations."}
{"_id": "292871", "title": "", "text": "I have a few debts in collection. I do not care, I make very good money now, but I prefer to spend it on nice cars instead. In US after 7 years they do not affect your credit score. On the contrary, if you pay them they can ding your credit. That's what Susie Orman show says as well -- there is absolutely no point paying a debt that is more than 7 years old."}
{"_id": "292879", "title": "", "text": "\"You should look up that word, too. I obviously know how to read and write since I am typing these posts. Actually, you should just save everyone the trouble and go back to grade school until you can get at least a \"\"check\"\" or \"\"check plus\"\" on those vocabulary tests.  My post blew you the fuck out. Deal with it.\""}
{"_id": "292882", "title": "", "text": "Want to work online at home? (Employment Opportunities for All Countries - Legitimate Online Jobs) It's here, Employment Opportunities for All Countries - Legitimate Online Jobs. Here you can get jobs do you want, get paid $300 or more every month. No experience necessary. You can easily get it. Visit http://adf.ly/9aCPn."}
{"_id": "292893", "title": "", "text": "isn't it still a dilution of existing share holder stock value ? Whether this is dilution or benefit, only time will tell. The Existing value of Facebook is P, the anticipated value after Watsapp is P+Q ... it may go up or go down depending on whether it turns out to be the right decision. Plus if Facebook hadn't bought Watsapp and someone else may have bought and Facebook itself would have got diluted, just like Google Shadowed Microsoft and Facebook shadowed Google ... There are regulations in place to ensure that there is no diversion of funds and shady deals where only the management profits and others are at loss. Edit to littleadv's comments: If a company A is owned by 10 people for $ 10 with total value $100, each has 10% of the share in the said company. Now if a Company B is acquired again 10 ea with total value 100. In percentage terms everyone now owns 5% of the new combined company C. He still owns $10 worth. Just after this acquisition or some time later ..."}
{"_id": "292897", "title": "", "text": "&gt; When we stopped using horses &amp; buggies, all the people in those industries didn't just throw up their hands and walk away from work.  We started producing cars that still needed to be driven by humans. Now we can produce cars with minimal human intervention in the production process and they'll be driving themselves.  A robot already did an unassisted heart surgery and they are better at diagnosing then MDs.   We moved from agriculture to industry to service. Once we automate service what is left for humans to do? Entertain?"}
{"_id": "292919", "title": "", "text": "\"There is no hard and fast rule. If there was, people could cleverly arrange to make money just often enough to stay on the \"\"ok\"\" side. It's a judgement call by the CRA and it probably starts with an audit, and depends on the reasons for the loss. Simple example: your business is selling your time at X an hour and you have expenses that you will cover if you sell Y hours a year, where Y is a lot less than the 2000 hours we have to sell each year. Maybe 300. And you had a big contract but it fell through and though you tried and tried you couldn't get another contract. This will probably be considered a reasonable loss. Another example: your business is selling art or antiques, most of which are kept in your house where you can look at them every day and enjoy them. Your expenses include lots of flights to places where these art or antiques come from, or perhaps are inspired by, along with hotel and restaurant costs, and you would need to sell your entire inventory every year just to cover these expenses, yet you only sell one or two pieces a year (or none) and there's no indication that you're particularly trying to sell more than that. This will probably be considered an unreasonable loss, and if the situation persists for many years in a row, the expenses may end up being disallowed. Side businesses often lose money at first. In fact, once they stop losing money they stop being side businesses. If you have spin up costs like buying hardware, developing software, or acquiring inventory, and you can show how long those extra costs can be expected to last, your expenses are less likely to be disallowed. That's the issue, not how many years in a row the loss occurred. This archived CRA document http://www.cra-arc.gc.ca/E/pub/tp/it364/it364-e.html gives examples of startup expenses that were allowed in years that didn't have revenue, never mind profit.\""}
{"_id": "292935", "title": "", "text": "&gt; Nope, I'm not telling people what to do...  You kind of are.  I think you agree low-wage people are disadvantaged and you are pointing out that starting a new business is a way out for them.  If you think that is a real solution then you are recommending that course of action.  &gt; Which I think is a nonfactual claim.  I don't think you are trying to understand my position.  I think you just want to be technically correct over my illustratively simplified example."}
{"_id": "292937", "title": "", "text": "A rollover IRA is a traditional IRA.  Your rollover contributions are not taxed and rollover or counted against your annual limit, which is income dependent. A Roth IRA is one where your contributions will be taxed going into the IRA.  Note that there are adjusted gross income maximums for contribution to a Roth IRA (see here), and as far as I can tell those income maximums also determine whether or not you can rollover to a Roth IRA."}
{"_id": "292982", "title": "", "text": "For most, it's usually $30 to initially freeze ($10 x 3 major credit bureaus) then $30 in the future to unfreeze for a certain time frame each time you need a credit check, ie applying for a credit card, mortgage, auto lease. It may well be worth it to avoid thousands of dollars of losses from identity theft but still doesn't seem low cost to me. Looked into it but will take my chances. Equifax is super sketchy to not make at least their own freezing service free for life given their huge screwup. $20 for every credit check for the rest of my life would have been more reasonable but still a decent amount of money."}
{"_id": "292989", "title": "", "text": "In my business (estate planning law practice), probably 60-70% of my income is in the form of checks, with the balance as credit/debit cards. I prefer to get paid by check so I don't have to pay the approx 2.5% merchant fee, but I don't push clients to choose one method over the other. I offer direct deposit to my employees but most of them choose to be paid by check. Also, check processing is becoming more and more electronic - when I get paid by check, I scan the checks in a dedicated desktop scanner, and upload the check images to the bank at the end of the day, and the checks are processed very quickly. I also make deposits to my personal credit union account by scanning checks and uploading the images.  So, yes, there's technically a paper check, but I (as the merchant/recipient/depositor) keep the check for a few months to make sure there's no problem with the deposit/payment, then shred them. The bank never sees the actual paper check."}
{"_id": "292991", "title": "", "text": "As mentioned in the other answer, you can't invest all of your money in one slightly risky place, and to receive a significant return on your investment, you must take on a reasonable amount of risk, and must manage that risk by diversifying your portfolio of investments. Unfortunately, answers to this question will be somewhat opinion and experience-based. I have two suggestions, however both involve risk, which you will likely experience in any situation. Peer to Peer Lending In my own situation, I've placed a large sum of money into peer-to-peer lending sites, such as LendingClub. LendingClub specifically advertises that 98% of its user base that invests in 100 notes or more of relatively equal size receive positive returns, and I'm sure you'll see similar statements in other similarly established vendors in this area. Historical averages in this industry can be between 5-7%, you may be able to perform above or below this average.  The returns on peer to peer lending investments are paid out fairly frequently, as each loan you invest in on the site pays back into your account every time the recipient of the loan makes a payment.  If you invest in small amounts / fractions of several hundred loans, you're receiving several small payments throughout the month on various dates. You can withdraw any money you have received back that hasn't been invested, or money you have in the account that hasn't been invested, at any time for personal spending. However, this involves various risks, which have to be considered (Such as someone you've loaned money to on the site defaulting). Rental Property / Property itself I'm also considering purchasing a very cheap home, and renting it out to tenants for passive income. This is something I would consider a possibility for you. On this front, you have the savings to do the same. It would be possible for you to afford the 20% downpayment on a very low cost home (Say, $100,000 or less up to $200,000 depending on your area), but you'd need to be able to pay for the monthly mortgage payment until you had a tenant, and would need to be able to afford any on-going maintenance, however ideally you'd factor that into the amount you charged tenants. You could very likely get a mortgage for a place, and have a tenant that pays you rent that exceeds the amount you pay for the mortgage and any maintenance costs, earning you a profit and therefore passive income. However, rental properties involve risks in that you might have trouble finding tenants or keeping tenants or keeping the property in good shape, and it's possible the property value could decrease.  One could also generalize that property is a somewhat 'safe' investment, in that property values tend to increase over time, and while you may not significantly over-run inflation's increase, you may be able to get more value out of the property by renting it out in the mean time. Additional Note on Credit You mention you have a credit card payment that you're making, to build credit. I'd like to place here, for your reference, that you do not need to carry a balance to build credit. Having active accounts and ensuring you don't miss payments builds your history. To be more specific, your history is based off of many different aspects, such as:  I'm sure I missed a couple of things on this front, you should be able to find this information with some research. Wanted to make sure you weren't carrying a balance simply due to the common myth that you must do so to build credit. Summary The items mentioned above are suggestions, but whatever you choose to invest in, you should carefully spread out / diversify your portfolio across a variety of different areas.  It would not be advisable to stick to just one investment method (Say, either of the two above) and not also invest in stocks / bonds or other types of investments as well.  You can certainly decide what percentage of your portfolio you want to invest in different areas (for instance X% of assets in Stocks/bonds, Y% in real-estate, etc), but it does make the most sense to not have all of your eggs in one basket."}
{"_id": "293005", "title": "", "text": "The IRA custodian is supposed to pay the formation costs.  If the IRA owner does it then there is a problem. In some structures, the IRA owner, custodian, trustee, administrator, etc may involve some of the same people. Pay very close attention to these words in the structure you are setting up."}
{"_id": "293006", "title": "", "text": "The EU says you are wrong about there only being three.  What made the original Trilogy great seems in hindsight to be that George Lucas more of an off hand approach for whatever reason.    The original is what you get when George Lucas gives general/big plot points.  The Prequels are what you get when you give Lucas complete control."}
{"_id": "293013", "title": "", "text": "Haven't they been predicting this since 2012? The luxury housing market keeps going up due to huge demand, influx of $ from the economic and stock market boom, and technological epicenters of innovation such as the Bay Area. Not a bubble"}
{"_id": "293023", "title": "", "text": "\"The question one has to ask is - what do you consider an economic system? That definition should include also some kind of stability criterion, as many economic systems \"\"live\"\" for only a relatively limited amount of time. The longest economic system humans had so far is the \"\"proto-communist\"\" hunter-gatherer system and timebanking systems usually die after couple of years. Others to consider:  \u2022 the volunteer economy (produces economic value, but workers receive no economic reward), \u2022 time share (time banking) and other \"\"local\"\" currencies, \u2022 merit economy\""}
{"_id": "293027", "title": "", "text": "What is your investment goal?  Many investors buy for the long haul, not short-term gain.  If you're looking for long-term gain then daily fluctuations should be of no concern to you.  If you want to day-trade and time the market (buy low and sell high with a short holding period) then yes less volatile stock can be less profitable, but they also carry less risk.  In that case, though, transaction fees have more of an impact, and you usually have to trade in larger quantities to reduce the impact of transaction fees."}
{"_id": "293048", "title": "", "text": "\"In the unlikely case that noone finds a way to extract resources from the company and distribute them to shareholders periodically in a way that's de facto equivalent to dividends, any company can be dissolved. The assets of the company would be sold for their market value, the liabilities would have to be settled, and the net result of all this (company cash + sale results - liabilities) would be distributed to shareholders proportionally to their shares. The 'liquidation value' is generally lower than the market value of a company as an ongoing concern that's making business and earning profit, but it does put a floor on it's value - if the stock price is too low, someone can buy enough stock to get control of the company, vote to dissolve it, and make a profit that way; and the mere fact that this can happen props up the stock price. Companies could even be created for a limited time period in the first hand (which has some historical precedent with shareholders of 'trading companies' with lifetime of a single trade voyage). Imagine that there is some company Megacorp2015 where shareholders want to receive $1M of its cash as \"\"dividends\"\". They can make appropriate contracts that will form a new company called Megacorp2016 that will take over all the ongoing business and assets except $1M in cash, and then liquidate Megacorp2015 and distribute it's assets (shares of Megacorp2016 and the \"\"dividend\"\") among themselves. The main difference from normal dividends is that in this process, you need cooperation from any lenders involved, so if the company has some long-term debts then they would need agreement from those banks in order to pay out \"\"dividends\"\". Oh, and everyone would have to pay a bunch more to lawyers simply to do \"\"dividends\"\" in this or some other convoluted way.\""}
{"_id": "293064", "title": "", "text": "I was referring to the construct of the machine itself. I'm fully aware of the price point comparisons, I *choose* to pay for something not made of plastic after three shitty experiences with Dell and one or two with HP.  *But that's just like, my opinion mann.*"}
{"_id": "293065", "title": "", "text": "Back in the 1800s, the American founder and editor of the New York Tribune, Horace Greeley, advised young entrepreneurs seeking their fortune to \u201cGo west, young man!\u201d  However, the 21st-century business formula has been reversed to \u201cGo east, young man!\u201d But how far can this new concept go? To go east, to China, and do business there requires a new mindset and diligent research.  How do you avoid scams and stay clean? Read the full article at Tradegood.com"}
{"_id": "293083", "title": "", "text": "Your calculations are good as far as they go, but there are lots of other factors and pros and cons to each decision. Yes, you should certainly compare the monthly rent to what your mortgage payments would be, as you have done. Yes, you should consider how long you might live there. If you do move out, how difficult will it be to sell the house, given market conditions in your area? If you try to rent it, how difficult is it to find a tenant, and what rent could you expect to receive? Speaking of moving out and renting the place: Who will manage the property and do maintenance? Would you still be close enough to do this yourself? Would you be willing and able to spend the time? Or would you have to hire someone? Also, what if the tenant does not pay the rent? How difficult is it to evict someone in your area? Speaking from personal experience, I own a rental property in Ohio, and the law says you can evict someone with 3 days notice. But in practice they don't just leave, so then you have to take them to court. It takes months to get a court date and months longer before the police actually show up to order them out of the house. And you have to pay the lawyer and court fees. In that time they're living in your property rent free. In my case one tenant also totally trashed the place and stole everything that wasn't nailed down -- I had to spend $13,000 on repairs to a house worth a fraction of what you're talking about. Being a landlord is NOT just a matter of sitting back and collecting rent checks: there's a fair amount of work and a lot of risk. What do you have to pay the realtor, and what other closing costs would you have to pay? Where I live, realtors typically charge 6 to 7%. You may also have to pay for an appraisal, title search, and bunch of other little fees. Mortgage interest is deductible on your federal income taxes. Rent is not. If you own and something needs to be repaired, you have to pay for it. If you rent, the landlord has to pay for it.  If you own, you can do pretty much what you like with the property -- subject to zoning ordinances and building codes and maybe homeowners association rules, but you should have a pretty good amount of leeway. If you want to install ceiling fans or remodel the kitchen or add a deck, it's up to you. If you're renting, it's up to the landlord to decide what you can do to the property. And if he agrees to let you do some upgrade, when you're done, it belongs to him. With a condo, you are not usually responsible for exterior maintenance, like mowing the lawn and trimming the bushes and washing the outer walls. With a house, you are. You might pay someone to do this, which adds to the cost, or you might do it yourself, which takes time. Insurance on a condo or aparment is much less than insurance on a house. In my area, anyway. You should investigate those costs. If you buy, eventually you own the place and don't have to pay a mortgage any more. If you rent, you continue to pay forever. (Even if you don't live in the same house forever, as long as you don't take a terrible loss when you sell you should then have some money left over to apply to the next house, so you are still building equity.) Some of these pros and cons are easily quantifiable. Others are probabilities, like how likely is it that your water heater will fail?, and how long is it likely to take to find a buyer if you want to sell? And others are pretty subjective."}
{"_id": "293084", "title": "", "text": "&gt; No, by any means! In certain countries, women don't have the same privileges as men when it comes to their finances. Everex allows them to enter into the digital economy allowing them to bank in a way.  The best way of fixing that issue is by combatting the cultural and religious source of that inequality. Simply providing access could be dangerous for these women if they're discovered."}
{"_id": "293104", "title": "", "text": "\"Everything post 2009 (actually late 2007 through 2008 since that's when the financial crisis occurred) has also been a \"\"unique once-in-a-lifetime circumstance\"\". QE on this scale is unprecedented. The only time it's been done before is by the Bank of Japan in the early 2000s and that has been proven to be ineffective. Now you've got the US, the UK, and the EU all doing it.\""}
{"_id": "293111", "title": "", "text": "I think it would have the same effect as paying off a compulsive gambler's debts. Until Congress and the people who vote for them can exercise some fiscal responsibility sending more money to Washington is pointless. In fact, I'd argue that if you were a multi-trillionaire and could pay off the whole thing through a donation, we'd be back to deficits within a decade (or less)."}
{"_id": "293122", "title": "", "text": "\"First, there are not necessarily two accounts involved.  Usually the receiving party can take the check to the bank on which it is drawn and receive cash.  In this case, there is only one bank, it can look to see that the account on which the check is drawn has sufficient funds, and make an (essentially irrevocable) decision to pay the bearer.  (Essentially irrevocable precisely because the bearer did not necessarily have to present account information.) The more usual case is that the receiving party deposits the check into an account at their own bank.  The receiving party's bank then (directly or indirectly - in the US via the Federal Reserve) presents the check to the paying party's bank.  At that point if the there are insufficient funds, the check \"\"bounces\"\" and the receiving party's account will be debited.  The receiving party's bank knows that account number because, in this case, the receiving party is a customer of the bank.  This is why funds from check deposits are typically not available for immediate withdrawal.\""}
{"_id": "293134", "title": "", "text": "Bad idea. If you lose your job and need to pay medical expenses, you can withdraw penalty-free. If you lose your job and just withdraw, you will have lower income and lower tax, though you will pay a penalty. If you don't lose your job today, consider your 401(k) an additional protection, just in case you do lose it tomorrow. Just pick the least risky investment option and relax.  Besides, it will diversify your investment and protect you from your own investment decisions. If you are so ready to take a 10% loss, you are likely not so skilled in this area, so it's good to have a backup plan. But of course, do contribute 3% so you get a match."}
{"_id": "293147", "title": "", "text": "Fresh bulk mini calla lilies for your wedding event. We ship premium calla lilies direct from our awarded calla lily farms. Lola Blooms is a wholesale supplier of fresh mini calla lilies. We offer the bride beautiful colors in a wide mini calla lily assortment for their dream calla lily wedding."}
{"_id": "293152", "title": "", "text": "One way of looking at this (just expanding on my comment on Dheer's answer): If the funds were in EUR in Germany already and not in the UK, would you be choosing to move them to the UK (or a GBP denominated bank account) and engage in currency speculation, betting that the pound will improve?   If you would... great, that's effectively exactly what you're doing: leave the money in GBP and hope the gamble pays off.   But if you wouldn't do that, well you probably shouldn't be leaving the funds in GBP just because they originated there; bring them back to Germany and do whatever you'd do with them there."}
{"_id": "293173", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-fed-yellen-idUSKBN19I2I5) reduced by 64%. (I'm a bot) ***** &gt; LONDON U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash.  &gt; Yellen said it would &amp;quot;Not be a good thing&amp;quot; if reforms of the financial services industry since the crisis were unwound, and urged those who had helped manage the fallout at the time to be vocal in preventing such a dilution.  &gt; Yellen declined to comment when asked about her relationship with Trump but said she had a good working relationship with U.S. Treasury Secretary Steve Mnuchin.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jys86/feds_yellen_expects_no_new_financial_crisis_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~154464 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **U.S.**^#1 **Yellen**^#2 **bank**^#3 **crisis**^#4 **financial**^#5\""}
{"_id": "293179", "title": "", "text": "For a young person with good income, 50k sitting in a savings account earning nothing is really bad. You're losing money because of inflation, and losing on the growth potential of investing. Please rethink your aversion to retirement accounts. You will make more money in the long run through lower taxes by taking advantage of these accounts. At a minimum, make a Roth IRA contribution every year and max it out ($5500/yr right now). Time is of the essence! You have until April 15th to make your 2014 contribution! Equities (stocks) do very well in the long run. If you don't want to actively manage your portfolio, there is nothing wrong (and you could do a lot worse) than simply investing in a low-fee S&P 500 index fund."}
{"_id": "293243", "title": "", "text": "There are lots of answers here, but I'll add my two cents... The best way to win is not to play. MLM is not a viable business model. Don't go in thinking you'll beat the system by trying harder than everyone else. The only way you'll make any money is by recruiting lots of people, and selling products that can be obtained for cheaper elsewhere at a normal store. If your friend already committed to the decision and they're wise as to what's going on, yet gullible enough to try anyways, have them think about the ethics of exploiting the people down the pyramid from them. Maybe that will change their mind. All of the other answers about not investing too much of your own money remain true. You don't want to blow your life savings on a pipe dream."}
{"_id": "293282", "title": "", "text": "\"Valuation by definition is what an item is worth, not what you paid for it. Net worth should be market value for fixed assets or \"\"capital\"\" goods. I would consider this cars, real property, furniture, jewelry, appliances, tools, etc.  Everything else can be valued by liquidation value. You can use valuation guides for tax deductions as a way to guide your valuation. Insurance companies usually just pick a percentage of your home's value as a guesstimate for content value. I could see doing this as a way to guide purchase decisions for appliances, cars or the like. But if you are trying to figure out the market value of your socks and underwear, I would argue that you're doing something that's a little silly.\""}
{"_id": "293295", "title": "", "text": "Will it possible that they will credit my salary in my India bank account from US as normal process, If i work for them from here? There is no issue for an US based company to pay you a salary in India. You can get funds in your own savings account. You need to calculate and pay taxes on your own."}
{"_id": "293310", "title": "", "text": "Assuming the US, if a human assessor audited you, could you show a future profit motive or will they conclude you are expensing a hobby? If you answer yes, you are likely to only be deducting limited expenses this year, carrying forward losses to your profitable years.  See the examples in pub 535: http://www.irs.gov/publications/p535/ch01.html#en_US_2014_publink1000208633"}
{"_id": "293311", "title": "", "text": "\"The way you phrased what you said was bothering me.  What is happening is that many, a great many, die from diseases that would be effectively treated in other countries. Here the care keeps getting more and more abbreviated and more and more people fall through the cracks. Also, the US is [trying to use trade with the US](http://www.ttip2014.eu) as a means of eliminating new public healthcare and incrementally dismantling existing public health care and access to generic medicines around the globe.   Since thats obviously \"\"what rich Americans want\"\" &lt;/sarc&gt; (people really say that) having elected neoliberal Obama.\""}
{"_id": "293320", "title": "", "text": "The short term bond fund, which you are pretty certain to have as an option, functions in this capacity.  Its return will be low, but positive, in all but the most dramatic of rising rate scenarios. I recall a year in the 90's when rates rose enough that the bond fund return was zero or very slightly negative. It's not likely that you'd have access to simple money market or cash option."}
{"_id": "293329", "title": "", "text": "Most CDs at most banks can be set to automatically renew (ask your bank for details).   If you bought a 1 year CD every month, electing to automatically renew and you wouldn't have to touch it again after your 12 initial purchases if you didn't want to."}
{"_id": "293358", "title": "", "text": "&gt;Discussing the impacts of saddling 18 year olds with 10s of thousands of dollars of debt isn't being whiny.   Right? This has potential to affect everything. If these kids aren't buying houses, starting families, not buying cars, etc. etc...   It all has implications."}
{"_id": "293363", "title": "", "text": "\"As documented in MyFICO (http://www.myfico.com/credit-education/whats-in-your-credit-score/), there are several factors that affect credit scores. Payment history (35%) The first thing any lender wants to know is whether you've paid past   credit accounts on time. This is one of the most important factors in   a FICO\u00ae Score. As @Ben Miller mentioned, checking your credit report to determine whether or not late payments were reported to credit bureaus will give you a sense of whether or not this was effected. You mentioned several bounced payments, which certainly could have caused this. This would be my largest concern with a closed account, is to investigate why and what was reported to the bureaus, and in turn, other lenders. Also, since this has the highest impact on credit scores (35%), it's arguably, the most important. This is further detailed here, which details the public record and late payment effect on your score. Amounts owed (30%) Having credit accounts and owing money on them does not necessarily   mean you are a high-risk borrower with a low FICO\u00ae Score....However,   when a high percentage of a person's available credit is been used,   this can indicate that a person is overextended, and is more likely to   make late or missed payments. Given that this card was closed, whatever your credit limit was is now no longer added into your total credit limit. However, your utilization on that card is gone (assuming it gets paid off), depending on any other credit lines, and since you reported \"\"heavy use\"\" that could be a positive impact, though likely not. Length of credit history (15%) In general, a longer credit history will increase your FICO\u00ae Scores.   However, even people who haven't been using credit long may have high   FICO Scores, depending on how the rest of the credit report looks. Depending how old your card was, and particularly since this was your only credit card, it will likely impact your average age of credit lines, depending on other lines of credit (loans etc) you have open. This accounts for about 15% of your score, so not as large of an impact as the first two.  Credit mix in use (10%) FICO Scores will consider your mix of credit cards, retail accounts,   installment loans, finance company accounts and mortgage loans. Given that this was your only credit card, your loan mix has been reduced (possibly to none). New credit (10%) Research shows that opening several credit accounts in a short period   of time represents a greater risk - especially for people who don't   have a long credit history. This focuses on credit inquiries, which as you mentioned, you will likely have another either re-opening this credit card or opening another at some point in the future.  Regardless, paying off the rest of that card is a priority, as interest rates on average credit cards are over 13%, and often higher (source). This rate comes into play when not paying the balance in full every month, and also as @Ben Miller suggested, I would not utilize a credit card without being able to pay it in full. It can often be a dangerous cycle of debt.\""}
{"_id": "293367", "title": "", "text": "I really loved reading your blog. It was very well authored and easy to understand. Unlike additional blogs I have read which are really not tht good. I also found your posts very interesting. In fact after reading, I had to go show it to my friend and he enjoyed it as well!"}
{"_id": "293389", "title": "", "text": "\"This is the sad state of US stock markets and Regulation T. Yes, while options have cleared & settled for t+1 (trade +1 day) for years and now actually clear \"\"instantly\"\" on some exchanges, stocks still clear & settle in t+3.  There really is no excuse for it. If you are in a margin account, regulations permit the trading of unsettled funds without affecting margin requirements, so your funds in effect are available immediately after trading but aren't considered margin loans.  Some strict brokers will even restrict the amount of uncleared margin funds you can trade with (Scottrade used to be hyper safe and was the only online discount broker that did this years ago); others will allow you to withdraw a large percentage of your funds immediately (I think E*Trade lets you withdraw up to 90% of unsettled funds immediately). If you are in a cash account, you are authorized to buy with unsettled funds, but you can't sell purchases made on unsettled funds until such funds clear, or you'll be barred for 90 days from trading as your letter threatened; besides, most brokers don't allow this.  You certainly aren't allowed to withdraw unsettled funds (by your broker) in such an account as it would technically constitute a loan for which you aren't even liable since you've agreed to no loan contract, a margin agreement.  I can't be sure if that actually violates Reg T, but when I am, I'll edit. While it is true that all marketable options are cleared through one central entity, the Options Clearing Corporation, with stocks, clearing & settling still occurs between brokers, netting their transactions between each other electronically. All financial products could clear & settle immediately imo, and I'd rather not start a firestorm by giving my opinion why not. Don't even get me started on the bond market... As to the actual process, it's called \"\"clearing & settling\"\". The general process (which can generally be applied to all financial instruments from cash deposits to derivatives trading) is: The reason why all of the old financial companies were grouped on Wall St. is because they'd have runners physically carting all of the certificates from building to building.  Then, they discovered netting so slowed down the process to balance the accounts and only cart the net amounts of certificates they owed each other.  This is how we get the term \"\"bankers hours\"\" where financial firms would close to the public early to account for the days trading.  While this is all really done instantly behind your back at your broker, they've conveniently kept the short hours.\""}
{"_id": "293404", "title": "", "text": "\"This is what this sounds like to me: https://www.thebalance.com/having-a-garage-sale-or-yard-sale-what-to-do-first-399030 also: http://blogs.hrblock.com/2012/07/25/garage-sale-money-does-the-irs-need-to-know/ Selling a personal item at a loss is generally not a taxable event. You cannot report it as a loss, and the IRS can't tax a transaction like that. If you really want to include these as sales as part of your LLC, you'll probably have to pay tax if you list it as income. I'm just confused as to why you'd want to do that, if you know that you're selling these particular items at a loss, and you also know that you have no documentation for them. I just wouldn't report anything you sold at a loss and treat it as \"\"garage sale items\"\" separate from your business.\""}
{"_id": "293411", "title": "", "text": "\"I know I replied in another section of this tread as well, but are you looking at MS/Smith Barney, trowe advisory planning, or directly within their mutual fund equity research? The reason I ask is because often there is a misunderstanding between Financial Advisory (FA) work and working directly within a fund doing equity research (Equity Analyst).  People often think FA's do a lot of research, and they do, but you'll effectively blackball yourself from **ever** entering research because there's a \"\"sales-person\"\" stigma attached to being an FA.\""}
{"_id": "293412", "title": "", "text": "I've considered just calling the out-of-network hospital and asking   them to reduce the charges. Ideally they would send my health   insurance provider a smaller bill which I could just pay. However I   want to be careful about how I proceed. Yes, that's what you should be doing. They might give you a discount, but even if not - they will definitely be willing to work out a payment plan for you so that you could pay in installments and not in a lump sum. I have experience with the El Camino group in California, that did just that. It was several hundreds, so they didn't give a discount, but were able to work out an installment plan for several months without much hassle. That is something to do before you get to lawyers. I'm not sure I know how the lawyer could be useful to you, other than claiming bankruptcy or waiting for them to turn to collections and then fight those. You should also work with your insurance. How much is your deductible? If your deductible is so high that it exceeds the several thousands bill you got - do you have a HSA? FSA? These will allow you paying the bill with pre-tax money, saving quite a lot (depending on your brackets and how much you put there). I would expect the insurance to bill you for the deductible, and cover all the rest. Is it not what is happening?"}
{"_id": "293420", "title": "", "text": "\"aww man . . that's really disappointing, I was expecting something a lot more imaginative and trendy . . .  Shameless &amp; Ignorant is a really good start . . .but Hitler?   You see perception of Hitler is what they have created themselves and as such are in control it, and own it and are not affected by it because it is a reminder of their victory and rewrite of history according to their own narrative.  You should try something more personal over which he has no control.  Keep the \"\"Shameless &amp; Ignorant\"\" then add stuff like  Shameless &amp; Ignorant + Bankrupt Charlatan  . . .the bankrupt part is a sore point in his history and makes him wince . . being called a fake is his greatest fear  Shameless &amp; Ignorant + pussy grabber  Shameless &amp; Ignorant + daughter lover  Shameless &amp; Ignorant + Jew bitch  Shameless &amp; Ignorant + Orange Orangutan  Shameless &amp; Ignorant + Retarded idiot  Shameless &amp; Ignorant + PePe le Pew   (The Skunk)  Shameless &amp; Ignorant + little handed man  But if diplomacy is your main concern and you would like a retort with something with \"\"Man\"\" in it  and still sound as if you are talking down to him just go with  Shameless &amp; Ignorant Orange man . . .being Orange is something that hurts him at his very core and address his deepest insecurities about his own persona  Please, as world leaders it is your duty to put some effort into your insults and lets not degenerate into  Your are an idiot . .you are a bigger one . .your are a bigger one times 2 . .your a bigger one million times . ..  Put your heart into it. and show us you deserve our respect and votes\""}
{"_id": "293440", "title": "", "text": "\"We do vote for the good of our community. That is why the vast area of the country was painted red after the outcome of the elections. We live in the country because we don't want the social or governmental problems cities have. We own our land, pay taxes on our land and we will be damned to have people tell us what we can or can't do with our land. From where I sit, I see a lot of urban people wish they could live in the country, but most simply can't, they are wage earners. Many \"\"city slickers\"\" have bought a farm only to lose their ass and farm a few years later, they learn the hard way that experience trumps education. So let me ask you, what can you do? Build a barn or house, weld, fabricate your own parts, lite to medium vet work, grow food, run heavy equipment, plumb, wire electricity?\""}
{"_id": "293446", "title": "", "text": "There is empirical evidence of a correlation between independence of central banks and lower unemployment, lower inflation, and more stable prices.  The argument as to why this is comes from when govts control central banking more stongly, then politicians get involved, and they vote for more/easier money, which looks good in the short run, thereby getting them votes, but causes inflation/unemployment/price volatility in the long run. When governments control banking you sometimes end up with Zimbabwe stlye inflation (well, not as bad as Zimbabwe often, but without the govt able to add money at will it is much harder).  A significant feature of most successful modern central banks is to remove the control from the hands of ametuers, i.e., politicians, and put control into the hands of skilled economists. Ever notice the Fed chairman (and many of the board) are actually very well trained economists?  Full transparency is also bad since some areas of monetary policy need knowledge to be kept from the markets in order to be effective, otherwise the Fed loses some of the tools they need to try and target inflation.  Finally, there are quite a lot of regulations that the Fed does follow, including regular outside audits, that keep them in check."}
{"_id": "293464", "title": "", "text": "\"The other answers are talking about seller financing.  There is another type of arrangement that might be described as \"\"writing your own mortgage,\"\" where the buyer arranges his (or her) own financing.  Instead of using a bank, a buyer might find his own investor to hold the mortgage for him. An example would be if I were to buy a house that needs fixing up.  I might be able to buy a house for $40,000, but after I fix it up, I believe it will sell for $100,000.  Instead of going through a traditional mortgage bank, I find an investor with cash that agrees the house is a good deal, and we arrange for the investor to provide funds for the purchase of the house on a short-term basis (perhaps interest-only), during which I fix up the house and sell it.  Just like a regular mortgage, the loan is backed by the house itself. I am not recommending this type of arrangement by any means, but this article does a good job of describing how this would work.  It is written by a real-estate guru with lots of training courses and coaching materials that she would like to sell you.  :)\""}
{"_id": "293480", "title": "", "text": "Not the only one, no.  Definitely a good one, though. That would send huge reverberations throughout that space and you'd see other companies racing to upgrade their security. That would have a significant net benefit for the US consumer.  However, I don't think that Equifax should go out business unless it can be shown that people suffered or will suffer enough damage for that to be reasonable. We don't know who has those numbers, do we? That's part of the case. If they're already being used against the customer base (and that base is ~1/2 of the US), then going out of business actually seems like the appropriate scale of punishment, as it's effectively the death penalty (or at least a life sentence)."}
{"_id": "293483", "title": "", "text": "I noticed the buy/sell board table.  Where did you notice this. Generally for a pair of currencies, there is Unit associated along with direction. The Unit is generally constant. These are only revised when there is large devaluation of a particular currency. Buying Php for MYR 8.52, Selling MYR 8.98. So in this case the Unit of PHP is 100, so Bank is Buying 100 PHP from you [you are selling PHP] and will give you MYR 8.52.  If you now want to buy 100 PHP [so the Bank is selling you], you have to pay MYR 8.98.  So you loose MYR 0.46 Why are they selling it way beyond the exchange rate? Why is this? As explained above, they are not. Its still within the range. The quote on internet are average price. This means before going back to Philippines, I can buy a lot of peso that I can buy and exchange it for higher price right? Generally an individual cannot make money by buying in one currency and selling in other. There are specialist who try and find arbitrage between multiple pair of currencies and make money out of it. Its a continuous process, if they start making profit, the market will react and put pressure on a pair and the prices would move to remove the arbitrage."}
{"_id": "293484", "title": "", "text": "The first statement is talking about a sudden sharp increase in volume (double or more of average volume) with a sudden increase in price. In other words, there has been a last rush to buy the stock exhausting all the current bulls (buyers), so the bears (sellers) take over, at least temporarily. Whilst the second statement is talking about a gradual increase in volume as the price up trends (thus the use of a volume oscillator). In other words (in an uptrend), the bulls (buyers) are gradually increasing in numbers sending the price higher, and new buyers keep entering the market. (The opposite is the case for a down-trend)."}
{"_id": "293500", "title": "", "text": "Google is your friend. If you buy me a beer, I might be as well. By the way DOD is the ticker.  Dogs of the Dow ETF"}
{"_id": "293501", "title": "", "text": "\"Taking the last case first, this works out exactly. (Note the Bank of England interest rate has nothing to do with the calculation.) The standard loan formula for an ordinary annuity can be used (as described by BobbyScon), but the periodic interest rate has to be calculated from an effective APR, not a nominal rate.  For details, see APR in the EU and UK, where the definition is only valid for effective APR, as shown below. 2003 BMW 325i \u00a37477 TYPICAL APR 12.9% 60 monthly payments \u00a3167.05 How does this work? See the section Calculating the Present Value of an Ordinary Annuity.  The payment formula is derived from the sum of the payments, each discounted to present value. I.e. The example relates to the EU APR definition like so.  Next, the second case doesn't make much sense (unless there is a downpayment). 2004 HONDA CIVIC 1.6 i-VTEC SE 5 door Hatchback \u00a36,999 \u00a3113.15 per month \"\"At APR 9.9% [as quoted in advert], 58 monthly payments\"\" 58 monthly payments at 9.9% only amount to \u00a35248.75 which is \u00a31750.25 less than the price of the car. Finally, the first case is approximate. 2005 TOYOTA COROLLA 1.4 VVTi 5 door hatchback \u00a37195 From \u00a338 per week \"\"16.1% APR typical, a 60 month payment, 260 weekly payments\"\" A weekly payment of \u00a338 would imply an APR of 14.3%.\""}
{"_id": "293531", "title": "", "text": "\"Agree with Randy, if debt and debt reduction was all about math, nobody would be in debt.  It is an emotional game. If you've taken care of the reasons you're in debt, changed your behaviors, then start focusing on the math of getting it done faster.   Otherwise, if you don't have a handle on the behaviors that got you there, you're just going to get more rope to hang yourself with.  I.e., makes sense to take a low-interest home equity loan to pay off high-interest credit card debt, but more likely than not, you'll just re-rack up the debt on the cards because you never fixed the behavior that put you into debt. Same thing here, if you opt not to contribute to \"\"pay off the cards\"\" without fixing the debt-accumulating behaviors, what you're going to do is stay in debt AND not provide for retirement. Take the match until you're certain you have your debt accumulation habits in check.\""}
{"_id": "293564", "title": "", "text": "I wouldn't really call it a counterpoint. A counterpoint to this would be to argue that tasks won't be automated just because they can.  That being said there are tremendous risks in taking humans out of the picture in many cases. Unfortunately as this video proves these tasks are still automated despite the risks. Automation can work just fine when it's been thought out well, tested in a sandbox environment, and monitored to prevent mistakes that are made from reoccurring.  Edit: When I wrote this I hadn't finished the article and gotten to the point where he pretty much says all automation is good, period."}
{"_id": "293605", "title": "", "text": "\"The traditional E-mini S&P500 options (introduced on 09/09/97) already expire on the 3rd Friday, so there's no need for another \"\"weekly\"\" option that expires at the same time.\""}
{"_id": "293620", "title": "", "text": "You're on the right track with buying clunkers, but letting your current cars get repossessed is a bad idea for the reasons you specified. First, find an insurance broker instead of an insurance agent. A broker works with dozens of companies, many of which you may not have heard of. He is in a better position to find you the best deal than you are because he is familiar with more insurance company products than you are. He doesn't charge you extra for this service. Second, ask your insurance broker if he can find any insurers offering discounts for persons who have passed a driver training course. Find an accredited course and determine pricing. If the savings exceed the cost of the course, take the course.  Third, if you have outstanding loans on your vehicles, pay them off and sell the cars. Replace them with vehicles you can purchase outright with cash. Make sure you have enough money to replace them again should another accident happen.   Once you have vehicles that are lein-free there is no longer a requirement by the lender for you to have insurance for the replacement value of the vehicle, which is what's killing your rates right now. Find out what the minimum legal requirement for auto insurance is in your state. In Canada, the minimum requirement is $100,000 liability. Anything else is either a sales job or a lender requirement. Getting your wife to insure her own vehicle may help, getting your insurance under her name may also be something to look into. Since you seem to have issues with people bumping into you and there have been no medical issues, $100,000 liability may be all you need. Note: Tactic #3 is not without risk. If you are in an at-fault accident, you will have to pay for any damages exceeding your insured limit out of your own pocket. Any damages to your own vehicle whether at-fault or not will have to be paid out of your own pocket. If you are sued for medical expenses incurred by other parties, you'll have to pay anything over and above your insured limit out of your own pocket.  If there is anything you are unclear about on your insurance policy, ask your agent/broker to explain until you do understand. Buying auto insurance without fully understanding what you are paying for is another risk."}
{"_id": "293621", "title": "", "text": "\"Your actual question is a bit confusing, but parts of it are answerable. If your parents give you cash to buy a home, you use it for a cash sale, and you then repay them, then if they don't charge you interest (above and beyond any they may pay - treat their loan as entirely separate from yours.) that amount of not-charged interest is considered a gift.  You can look up these rates here, on the IRS website, called \"\"Applicable Federal Rates\"\"; currently it's around 2.30% APR.  If the interest is that much, the interest isn't a gift, but part of a loan - though your parents will have to file some paperwork and you will also.  Search for more information about \"\"Intra-Family Loans\"\" for full details - and talk to a real estate lawyer. Separately, if your parents are the primary/only signors on the mortgage, and are thus effectively the property owner, there are two separate issues.  First, you're welcome to pay off the mortgage while you live there, and no tax issues exist (then) in terms of gift, though it's still owned in your parents' name - so you don't get the house, they'd have to gift that to you separately, though they can do that in stages to avoid gift tax ($14k worth of equity per year, or whatever the current year's annual limit is, per parent and per you/wife if applicable). H&R Block discusses the concept of Equitable Ownership, which determines who is able to take the property tax and mortgage interest deductions on the house.  Tax Almanac goes into a bit more detail on the subject.  Ultimately, another issue for a real estate attorney probably (or at least a CPA or tax attorney): you need to be very careful if you're going to try and get the tax deductions (which would be probably far more than the savings of a half percent of interest rate or whatnot).   In general, there are a lot of options for exactly how you structure the purchase, payments, and equity, and you should talk to a professional to find out exactly the right way to structure it.   This mortgage info site has some good tips for several different ways to structure things, just as an example. I would in particular suggest you pay attention to deductability of mortgage interest and property taxes, as those two can be a huge amount of tax savings and you can lose that very easily if you're not careful.\""}
{"_id": "293624", "title": "", "text": "\"Jack \"\"The Mortgage Professor\"\" Guttentag provides a thorough analysis of a similar-sounding system: In addition, I had the feeling that customers of Mortgage Relief should have gotten a spreadsheet for their $45, and wondered why they hadn\u2019t? So I set out to develop a spreadsheet of my own that could quantify the benefits \u2013 if there were any. The major question I wanted the spreadsheet to answer was, how large is the benefit of using the Mortgage Relief scheme if you don\u2019t have any surplus income but only just enough to make the scheduled payment? This is the critical question because we know that if you use surplus income to make extra payments to principal, you pay down the mortgage more quickly. This is so whether you apply the income directly to the mortgage, as most borrowers do, or whether you follow the Mortgage Relief procedure where you use a credit line to pay down the mortgage and current income to pay down the credit line. I spent much of my air time between Philadelphia and San Francisco on this project, and finally gave it up. Once I removed surplus income from the equation, I could not find a way to make the Mortgage Relief scheme work. You may also want to read related articles by Guttentag:\""}
{"_id": "293626", "title": "", "text": "\"I just looked at a fund for my client, the fund is T Rowe Price Retirement 2015 (TRRGX).  As stated in the prospectus, it has an annual expense ratio of 0.63%.  In the fine print below the funds expenses, it says  \"\"While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.\"\"  One of it's acquired funds is TROSX which has an expense ratio of 0.86%.  So the total cost of the fund is the weighted average of the \"\"acquired funds\"\" expense ratio's plus the listed expense ratio of the fund.  You can see this at http://doc.morningstar.com/docdetail.aspx?clientid=schwab&key=84b36f1bf3830e07&cusip=74149P796 and its all listed in \"\"Fees and Expenses of the Fund\"\"\""}
{"_id": "293628", "title": "", "text": "\"It's a scam.  Here are the many signs: The bank will never ask for your password. They can access your account without it.  The bank will never use a customer's account for their own business. They have their own accounts.  \"\"Some guy\"\" is not a bank employee. Bank employees are people that you meet at the bank.  Banks do not hand out thousands of dollars for free to customers, especially customers with nothing in their accounts.  Even if you have no money in the account, this crook that you would give access to your account can do lots of illegal things in your name, such as writing bad checks, laundering money, running scams on other people through your account, etc. If you have already given your account info to this person, you need to go to the bank immediately and inform them. Since you have no money in the account, you should close it.\""}
{"_id": "293629", "title": "", "text": "\"We had a great local bike shop near me shut down suddenly, Specialized wasn't named but now I'm wondering if they were behind it. http://www.mlive.com/business/ann-arbor/index.ssf/2014/10/two_wheel_tango_closes_unexpec.html  They \"\"temporarily closed\"\" but then both locations were sold, so it seems pretty permanent.\""}
{"_id": "293630", "title": "", "text": "\"I just checked back at the blog - he updated on Sunday and gave more details.  He still has NO CLUE what he's talking about.  The truth is that their story leaves a lot of the basic details out, but all their interpretations and \"\"feelings\"\" in.\""}
{"_id": "293642", "title": "", "text": "That's actually pretty damned clever.   If GE started recommending local 3D printers for replacement items it could avoid a slew of aftermarket part creation and transportation costs, while providing nothing but the design specs which they've already had created. Hell, if they *annually licensed* those specs to said authorized printers, they'd actually make *more* than the old model of selling parts, since they're now cutting costs *and* creating an additional revenue stream.  Brilliant!"}
{"_id": "293647", "title": "", "text": "At our company website, you can get a vast range of flight, hotel and car hire options. Our service is 100 % Impartial and free, which means that the 60 million people who use us every month and can trust our service. You can Book hotels for outside through our company website without any hassle. Choosing the right hotel will ensure that your personal items are well protected and that you and your family don't have to worry about intruders."}
{"_id": "293651", "title": "", "text": "In an open corporation scenario a stock holder may well be found liable. It's a very narrow and uncommon bunch of scenarios but it's well worth sharing. See the paragraph on open corporations in the following document: http://nationalparalegal.edu/public_documents/courseware_asp_files/businessLaw/RightsOfShareholders/LiabilityOfShareholders.asp"}
{"_id": "293652", "title": "", "text": "\"You are considered a Canadian resident if you have \"\"significant residential ties to Canada\"\". Because your wife lives in Canada, you therefore are a resident. Even by working temporarily in the US, you are still considered a \"\"factual resident\"\" of Canada. Due to that, your second question is irrelevant.\""}
{"_id": "293653", "title": "", "text": "After transferring, do we need to file any forms to IRS regarding money transfer?  Not immediately. Do we need to file any forms in US as part of tax returns for this transfer? In case the recipient and the sender are not the same person, the recipient must attach form 3520A to his/her tax return. If you are transferring between your own accounts - you're good to go. However, this NRE account must have been reported on your FBAR and form 8938 attached to your tax return. Do we need to inform my local bank in USA regarding the transfer in advance?  You probably want to confirm the transfer instructions with them (SWIFT instructions, routing info, etc)."}
{"_id": "293675", "title": "", "text": "People use BB as a showroom for Amazon and other online retailers.   Use your current advantage of having a physical presence and save on all the shipping and logistics?   I mean, the customer is there, the product is already there. Howabout just matching Amazon prices in store?"}
{"_id": "293676", "title": "", "text": "Just my two cents. It depend. Since Bayers aspirin is already established and there is no R&amp;D to recoupe. It's easy to sell while newer drug is less well known and vendor need to get their R&amp;D money back and don't forget the cost of business such as filing with FDA. It can added up while generic drug basically just a receipt that anyone can cook up."}
{"_id": "293679", "title": "", "text": "Googling vanguard target asset allocation led me to this page on the Bogleheads wiki which has detailed breakdowns of the Target Retirement funds; that page in turn has a link to this Vanguard PDF which goes into a good level of detail on the construction of these funds' portfolios. I excerpt: (To the question of why so much weight in equities:) In our view, two important considerations justify an expectation of an   equity risk premium. The first is the historical record: In the past,   and in many countries, stock market investors have been rewarded with   such a premium.  ... Historically, bond returns have lagged equity returns by about 5\u20136   percentage points, annualized\u2014amounting to an enormous return   differential in most circumstances over longer time periods.   Consequently, retirement savers investing only in \u201csafe\u201d assets must   dramatically increase their savings rates to compensate for the lower   expected returns those investments offer. ... The second strategic principle underlying our glidepath   construction\u2014that younger investors are better able to withstand   risk\u2014recognizes that an individual\u2019s total net worth consists of both   their current financial holdings and their future work earnings. For   younger individuals, the majority of their ultimate retirement wealth   is in the form of what they will earn in the future, or their \u201chuman   capital.\u201d Therefore, a large commitment to stocks in a younger   person\u2019s portfolio may be appropriate to balance and diversify risk   exposure to work-related earnings (To the question of how the exact allocations were decided:) As part of the process of evaluating and identifying an appropriate   glide path given this theoretical framework, we ran various   financial simulations using the Vanguard Capital Markets Model. We   examined different risk-reward scenarios and the potential   implications of different glide paths and TDF approaches. The PDF is highly readable, I would say, and includes references to quant articles, for those that like that sort of thing."}
{"_id": "293687", "title": "", "text": "\"Yes, you can do that, but you have to have the stocks issued in your name (stocks that you're holding through your broker are issued in \"\"street name\"\" to your broker). If you have a physical stock certificate issued in your name - you just endorse it like you would endorse a check and transfer the ownership. If the stocks don't physically exist - you let the stock registrar know that the ownership has been transferred to someone else. As to the price - the company doesn't care much about the price of private sales, but the taxing agency will. In the US, for example, you report such a transaction as either a gift (IRS form 709), if the transaction was at a price significantly lower than the FMV (or significantly higher, on the other end), or a sale (IRS form 1040, schedule D) if the transaction was at FMV.\""}
{"_id": "293705", "title": "", "text": "\"Long answer: [Interest Rates and Fiscal Sustainability](http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1722986)  Short(er) answer: The issuer of the currency isn't revenue-constrained in its own currency. So the \"\"debt situation\"\" isn't bad at all, it's just a record of net issuance. On interest payments, two considerations. First is that when the interest rate is less than the growth rate, debt:GDP levels off. Second is that the interest rate is a price set by the issuer. So interest payments aren't a problem either.  Does that mean the government can just spend without limit or consequence? No. A thousand times, no. What it does mean though is that those limits and consequences are properly described in terms of what the economy needs and not in terms of budget constraints. Or to put it another way, they're balancing an economy, not a budget.\""}
{"_id": "293713", "title": "", "text": "Maybe the disconnect is in how different people view work and money. In the standard view, work is something negative you do, in order to get something positive - money, or at least the act of spending money gets you something positive.  If the work is particularly unpleasant, one would expect employees to demand more money to cancel out the negative things they have to put up with.  On the other hand, if the work itself is a net positive even before pay, then when combined with pay, the combined positive may be worth more than the raise they're offered at another company - especially if the new conditions would be poor, and would cancel out the raise, leaving them unhappier, despite having more pay.  Of course, we're not a bunch of robots weighing out positive and negative units, much of which are near impossible to measure anyway. I assume a lot of it is just going with gut reactions, using approximations and fuzzy predictions in decisions that sometimes appear rational, but when looking at the underlying data points, may be built on rather irrational hand waving..."}
{"_id": "293724", "title": "", "text": "Usually five shares and some cash."}
{"_id": "293758", "title": "", "text": "The biggest problem with penny stocks is that they are easily manipulated, and they frequently are.  Many of the companies trading as penny stocks have poor track histories of accurate financials, and what information that is available is not very reliable or verifiable. I recall a few years ago when there were articles out there in financial circles talking about how more than a few penny stocks were being manipulated by organized crime syndicates. Another big issue with penny stocks is liquidity.  Since they're so thinly traded (not a great deal of daily volume), anyone who puts enough money into a penny stock to make it worth the effort almost certainly becomes the biggest trader in the stock, which can make it tough to liquidate positions.  There are not enough market makers in the stock to be competitive, so you have to accept the bid/ask prices of whoever is willing to execute the trades, so the margins evaporate quickly. Penny stocks are something you can trade if you're bored, have money to burn, and just want to toy around with something just for the heck of it that you'll ultimately lose out on."}
{"_id": "293764", "title": "", "text": "Actually.. China and India are the least of the problem. Microsoft has massive offices in both countries precisely because they can't get enough H-1B visas for all the positions they want to fill - better to build a local office if the talent pool is large enough."}
{"_id": "293767", "title": "", "text": "If the buyer exercises your option, you will have to give him the stock.  If you already own the stock, the worst that can happen is you have to give him your stock, thus losing the money you spend to buy it.  So the most you can lose is what you already spent to buy the stock (minus the price the buyer paid for your option). If you don't own the stock, you will have to buy it.  But if the stock skyrockets in value, it will be very expensive to buy it.  If for instance you buy the stock when it is worth $100, sell your covered call, and the next day the stock shoots to $1000, you will lose the $100 you got from the purchase of the stock.  But if you had used a naked call, you would have to buy the stock at $1000, and you would lose $900. Since there is no limit to how high the stock can go, there is no limit to how much money you may lose."}
{"_id": "293777", "title": "", "text": "The increase of currency value in relation to another is a critical determinant of the economic health. It plays an important part in the level of trade and affects the world\u2019s free market economy. But, they also effect on smaller scale as they create an impact on the portfolio of investors. So, it is suggested that the investors should make their trades wisely keeping in mind the value of other currencies that might your trade. Also, you should check the news daily to get regular updates and be well-informed of any changes happening in the market"}
{"_id": "293778", "title": "", "text": "\"Need to be very careful with this kind of discussion. The dollar has been a \"\"fraud\"\" since it went off of the gold standard. If you get people thinking too much about their currency, then could start a panic. Should really just leave it alone. -- Especially with the increasing US debt; and Trump saying something earlier about defaulting on it.\""}
{"_id": "293785", "title": "", "text": "\"&gt; why we should compare the minimum wage with the average rent is unknown.  Um, because, since the 60's, \"\"poverty\"\" in the U.S. is measured against expenses and \"\"the cost of living,\"\" of which housing is a major component? Because the \"\"30%\"\" rule has been around for decades? Whether you agree with the \"\"30%\"\" line or not, pleading ignorance of it only serves to show that you absolutely do not know what you are talking about, and your piece is worthless nonsense which serves only to muddy the waters.\""}
{"_id": "293795", "title": "", "text": "That is also because it takes more specialized training to do some of the maintenance jobs required, which then in turn requires more support personnel to feed/house/take care of them, which in turn requires more security forces to defend them, and then it becomes a military version of if you give a mouse a cookie."}
{"_id": "293798", "title": "", "text": "There are many religious places in Gokul.In the similar manner as the rest of northern region of India, temperatures in Gokul might be extreme during the summer and winter months.It is a fascinating trip where you can see the places where Lord Krishna performed his miracles and also have a look at some of the relics from those times."}
{"_id": "293809", "title": "", "text": "That\u2019s not all! If you buy from us today, you\u2019ll get some of our hottest items (50 of them) at Up to 50% OFF! Great savings on winter wear like leather vests, reversible knit coats, and evening ponchos."}
{"_id": "293818", "title": "", "text": "I think you wrong about this. There are two problems I see with your example.  * When you created something which costs $150 you have increased the amount of money in the world from $200 to $450 because money is the storage of value.  * After the first transaction you have said that you have $250, which presumably means the money in the bank. However, at a later point when you go to the bank demanding $500 you only consider physical notes to be money. The bank at this point could give you a check book and if you wanted to spend it would simple credit the other person $500 and remove that amount from your account. In addition, the bank could always repossess the items you have sold to the other person and give them to you in lieu of physical money."}
{"_id": "293822", "title": "", "text": "Thank you very much for this thoughtful response.  In my opinion the judges care more about the why behind your valuation rather than a how.  Anyone can use a formula, but it takes so much more to understand why to use the formula.    Personally, the 'why' is going to be the toughest part for me understand and wrap my head around.  Once again thank you for the advice and the tip."}
{"_id": "293824", "title": "", "text": "&gt; Their actual journalists like Chris Wallace or Shep Smith aren't that bad  Yeah they are. They all play specific roles. If the theater wasn't complicated enough with detail, people would realize that it's fake. So they've got characters to fill every necessary role.  It's easy to think it's real, until you look at the larger picture. See all of the sides and how they (the characters) manipulate their willing audience.  If they were legitimate they wouldn't need to use deception."}
{"_id": "293842", "title": "", "text": "\"You have to read some appeals court cases see scholar.google.com , as well as SEC enforcement actions on sec.gov to get an understanding of how the SEC operates. http://www.sec.gov/spotlight/insidertrading/cases.shtml There are court created guidelines for how insider trading would be proven There is no clear line, but it is the \"\"emergency asset injunctions\"\" (freezing your assets if you nailed a suspiciously lucrative trade) you really want to avoid, and this is often times enforced/reported by the brokers themselves since the SEC does not have the resources to monitor every account's trading activities. There are some thin lines, such as having your lawyer file a lawsuit, and as soon as it is filed it is technically public so you short the recipient's stock. Or having someone in a court room updating you on case developments as soon as possible so you can make trades (although this may just be actually public, depending on the court). But the rules create the opportunities Also consider that the United States is the most strict country in this regard, there are tons of capital markets and the ideals or views of \"\"illegal insider trading\"\" compared to \"\"having reached a level of society where you are privileged to obtain this information\"\" vary across the board contains charts of countries where an existing insider trading prohibition is actually enforced: http://repository.law.umich.edu/cgi/viewcontent.cgi?article=1053&context=articles https://faculty.fuqua.duke.edu/~charvey/Teaching/BA453_2005/BD_The_world.pdf Finally, consider some markets that don't include equities, as trading on an information advantage is only applicable to things the SEC regulates, and there are plenty of things that agency doesn't regulate. So trying to reverse engineer the SEC may not be the most optimal use of energy\""}
{"_id": "293843", "title": "", "text": "\"&gt; It should go without saying (should being the key word) that you must pay employees enough so that they stop thinking about money.  I agree with that. At my retail job I would often think, \"\"I don't get paid enough to do that, so I'm not going to.\"\" Now I'm in a tech job and money isn't even a thought. I just do my work.\""}
{"_id": "293851", "title": "", "text": "I don\u2019t get how companies can keep saying this. Profit is by definition money you didn\u2019t spend on anything (like research). I realize that profit could be used on research in future years, but presumably you will also have excess income in future years to use for that expense. That\u2019s a bum deal though because you will have to pay 35% tax. Making a profit at all means you chose not to invest that money  in research but instead to bank the money (pay shareholders)."}
{"_id": "293857", "title": "", "text": "The Student Living Company offers award winning Student Accommodation across the North East. With student housing available in Middlesbrough, Stockton on Tees, Thornaby and across the Cleveland area The Student Living company will have the student housing you need at a price you can afford. For information on Student accommodation in Middlesbrough please call 01642 242 997 or visit http://www.thestudentliving.co"}
{"_id": "293897", "title": "", "text": "\"Let me run some simplistic numbers, ignoring inflation. You have the opportunity to borrow up to 51K. What matters (and varies) is your postgraduation salary. Case 1 - you make 22K after graduation. You pay back 90 a year for 30 years, paying off at most 2700 of the loan. In this case, whether you borrow 2,800 or 28,000 makes no difference to the paying-off. You would do best to borrow as much as you possibly can, treating it as a grant. Case 2 - you make 100K after graduation. You pay back over 7K a year. If you borrowed the full 51, after 7 or 8 years it would be paid off (yeah, yeah, inflation, interest, but maybe that might make it 9 years.) In this case, the more you borrow the more you have to pay back, but you can easily pay it back, so you don't care. Invest your sponsorships and savings into something long term since you know you won't be needing to draw on them. Case 3 - you make 30K after graduation. Here, the payments you have to make actually impact how much disposable income you have. You pay back 810 a year, and over 30 years that's about 25K of principal. It will be less if you account for some (even most) of the payment going to interest, not principal. Anything you borrow above 25K (or the lower, more accurate amount) is \"\"free\"\". If you borrow substantially less than that (by using your sponsorship, savings, and summer job) you may be able to stop paying sooner than 30 years. But even if you borrow only 12K (or half the more accurate number), it will still be 15 years of payments. Running slightly more realistic versions of these calculations where your salary goes up, and you take interest into account, I think you will discover, for each possible salary path, a number that represents how much of your loan is really loan: everything above that is actually a grant you do not pay back. The less you are likely to make, the more of it is really grant. On top of that, it seems to me that no matter the loan/grant ratio,  \"\"borrow as much as you can from this rather bizarre source\"\" appears to be the correct answer. In the cases where it's all loan, you have a lot of income and don't care much about this loan payment. Borrowing the whole 51K lets you invest all the money you get while you're a student, and you can use the returns on those investments to make the loan payments.\""}
{"_id": "293918", "title": "", "text": "That's insane. How is it worth $20B? How is it humanly possible that they are spending that much money? Like on what? coming up with new filters? Do they have a bad deal on server space or something? I really don't get it lol"}
{"_id": "293920", "title": "", "text": "\"What kind of \"\"deductions\"\" are you talking about? Many deductions, like the standard/itemized deductions, come after the AGI, and do not affect the AGI, so I don't see how this would make any difference. Maybe you are talking about deductions that come before the AGI? If you want to increase your AGI legitimately, here's a way: Every year, itemize deductions on your federal return, and over-withhold your state income tax (assuming your state has income tax) by a lot, and/or make voluntary extra payments to your state income tax. As a result, you will get a huge refund on your state taxes the following year. Then you will need to include this refund as income on line 10 of the federal return that year, which will be included in the AGI. (Of course, you will also be able to deduct a lot of state income tax paid every year in the federal itemized deductions, but those come after the AGI.)\""}
{"_id": "293922", "title": "", "text": "It's not big with restaurants in Mexico, but it seems like half the pharmacies name themselves after some religious figure, especially the Virgin of Guadalupe. The other half name themselves insinuating that they are cheaper than the others or sell cheap knock-offs of major brand patented pharmaceuticals.  After twenty years living in Mexico I can't recall a single pharmacy named after a scientist.  But, honestly, I lived in the US for thirty years before that and can't recall a single pharmacy named after a scientist up there, either."}
{"_id": "293931", "title": "", "text": "The current store front my business moved into 3 months ago, was a Zildjian office/store. There was a big room with fully insulated walls and ceiling where artists could test cymbals.   I knew Zildjian is one of the oldest companies in the world so I was super honored to land the location they used to be in."}
{"_id": "293933", "title": "", "text": "Zuck the cuck is the bad guy. He takes basic human instinct and exploits it. People are addicted to that shit like it's heroin. I can't say I'm not the same with Reddit but there's not an update to Reddits privacy policy taking away privacy every 2 weeks. You can talk about something and 10 minutes lateran advertisement  pops up in Facebook with the subject you were talking about. He's finding out what people like and dislike so that propaganda can be more effective. If you don't think the government hasn't got a hold of mark zuckerberg and Facebook you're retarded."}
{"_id": "293938", "title": "", "text": "I read it. It's fair. But just because Mr. Buffett says that's not true, doesn't mean he's right. As you can see, he still isn't backing up claims with numbers.  &gt;Most of the evidence suggests they are semi-strong form efficient.  But that's not even the case. It doesn't say markets are 100% efficient, it says they reflect all *available* information. Which they almost always tend to do, especially ensured with HFT.  I think if you look into statistical analysis you'll find the trend 99.99% of traders lack access to any special information, making the markets effectively 100% efficient. Gains/losses are proportional to the amount of risk taken.  &gt;Now you've made a promise you can't keep, because I'm not very wrong. :)  I was a dick, I apologize. I still believe it, however. Have an upvote for the welcomed conversation, though."}
{"_id": "293945", "title": "", "text": "&gt;The European economy was not utterly doomed before the Euro, therefore the fall of the Euro does not doom their economy.  UTTERLY DOOMED and DOOMED are two entirely different things.  The former is a quasi-permanent state of affairs (decades upon decades) the latter a temporary one (albeit possibly several years)."}
{"_id": "293959", "title": "", "text": "\"Unless you want to own the actual shares, you should simply sell the call option.By doing so you actual collect the profits (including any remaining time-value) of your position without ever needing to own the actual shares. Please be aware that you do not need to wait until maturity of the call option to sell it. Also the longer you wait, more and more of the time value embedded in the option's price will disappear which means your \"\"profit\"\" will go down.\""}
{"_id": "293986", "title": "", "text": "I agree.  Finding success in life is hard.  It will probably always be hard.  There is no need for us to exacerbate the issue by NOT helping those we CAN help, or by blaming them for their failures, when we never taught them how to succeed, either.  &gt;In order to acquire capital you need to do productive things, which (idealy) are productive to some degree to society as a whole.  Unless you inherit it.  The problem is, there are TONS of non-productive ways to build capital, that require capital.  Stocks and futures, monopolies, law manipulation, media manipulation, etc.  There are few methods to gain capital, if you have low capital, that aren't controlled by someone with large capital.  And this is okay, so long as those with low capital have sufficient avenues to increase their capital acquisition.    It also doesn't help that capital they do have is now worth less than it used to be.  A minimum wage job used to be sufficient to pay for a year of college.  Now it isn't even sufficient to pay for housing.  You can't just acquire more capital, because existence itself costs capital.  You need food, water, a place to stay, warmth, a way for people to reach you, and a reliable method of transportation.  You probably also need access to a computer and the internet.  All of these repeatedly cost capital, and you already entered with low capital.  I don't believe our capitalist system is a good reflection of s/d anymore.  I believe it represents control by those with the most.    ISPs have local monopolies because people can't easily move, and a startup ISP is expensive.  Pharmaceuticals have a monopoly on new medicines that people need to survive.  It's kind of a health blackmailing system.  Net Neutrality is being attacked, because ISPs want to be able to charge and control who can access what.  Like any company, they want to thrive.  We are letting our freedom be sold off, one piece at a time, because profit, not people, are the most important thing.  At least, that is where I see things heading."}
{"_id": "293987", "title": "", "text": "Proposed budge plan would limit any increase spent by the federal government on employee benefits. The amount paid would be limited to the rate of inflation. So if the cost of healthcare goes up 10% over time, and inflation goes up 2%, the employee and not the government picks up 8%. The result is that the government is protected from skyrocketing costs and can easily budget for the future.   I guess the individual is thought to be more capable somehow? Of is the individual, and not the government, more responsible for skyrocketing profits in the drug industry? Or does the GOP believe the government needs less reason to care about individual people and more reason to side with large corporate profits? Or maybe the thinking is simply that there will be more money available for tax cuts.  Perhaps newer good people will leave private industry to take lower paid federal jobs. But, maybe not as globalization seems to be dampening the compensation packages for all wage employees."}
{"_id": "293999", "title": "", "text": "Check out http://garynorth.com if you have $15/month.  Or at least subscribe to his free newsletters (Tip of the Week, Reality Check).  Well worth it. He doesn't pay much attention to the US market indicators, except to note that people are about 20% poorer than they were 10 years ago.  He looks at more basic indicators like M1, treasury rates, unemployment figures, etc. He recommended buying gold in 2001.  He changed his recommended investment portfolio most recently about a couple of years ago (!) and it's done quite well."}
{"_id": "294018", "title": "", "text": "Amazon can't ship sheetrock and lumber, but lumber yards can. That's where I get a majority of mine as a builder. I can see Amazon selling that service for local lumber yards.  My most expensive purchases, such as tools, lighting, door knobs/locks/handles, and small appliances I get from Amazon."}
{"_id": "294029", "title": "", "text": "\"&gt;Hence we need agencies like Elizabeth Warren's CPFB that audits and checks the govt.  But Warren's position is that more government is better government. Where's the advocate for \"\"back the fuck up, get out of the way, leave me alone\"\"? There isn't one!   &gt;you cannot expect exchanges to self regulate so the min. HFT hold time of 5 secs imposed by exchange will likely not happen by the exchange on its own volition  And yet Underwriter's Laboratories does a *great* job with consumer electronics safety *without* governmental regulatory power. Are you aware of this?\""}
{"_id": "294043", "title": "", "text": "Car and health insurance, etc would be budgeted.  Most people know what their monthly nut is and how long they can spend on a job search.  If you really feel that your boss is treating you poorly, sometimes the best thing to do is to tighten your belt, start saving and look for new opportunities.   It is not easy.  Nothing worse doing is.     I know people generally have difficulty saving money, but like I said, ultimately, you are responsible for your own happiness."}
{"_id": "294055", "title": "", "text": "We count with a large group of professional movers nice enough to help you pack your things, load them into the truck, unload them to your new place and even unpack them for you! That is how Nice we are! If you are looking for reliable movers, honest and friendly, just give Nice Guy Movers West Palm Beach a call for your free estimate and start planning your move with us today!!"}
{"_id": "294061", "title": "", "text": "I get upset everytime I see this. Where a part is made is a small percentage of how much it affects and benefits the us economy. If Ford manufactured each and every car in Mexico it would still have a bigger positive on the us economy than Toyota. Toyota profits, r and d, marketing, design and a bunch of other niche jobs required for the automaker stay overseas in Japan. So does the tax revenue from those jobs and profits. A us ceo will pay more in income taxes than a 1000 factory workers.   If we lose the ability to design and engineer products we're screwed. It will never come back. There will always be a cheaper place to make goods. That's the wrong rabbit to chase."}
{"_id": "294065", "title": "", "text": "As long as we're just making up formulas, I may as well just throw some numbers at it.  The position at the forensic accounting firm would be paying 50-60K likely starting salary with maybe 5K bonus if he is super busy and busts his ass.  Whereas a position in Banking would be paying about 75K base, with around 40-60K in bonus (let's assume this is a boutique or mid level bank).  So after year one, he makes about $60K more on the banking route after year 1 post graduation, whereas he forfeited 10K in summer salary plus the 5K loan with interest (which ohbytheway is tax deductible).  Pretty sure that it works out in his favor that way, and that's just after 1 year.  Yes I understand this simplifies things and assumes that he gets a job in banking solely due to the internship, and couldn't have gotten it otherwise.  However, if the internship significantly increases the likelihood (P as you put it) from .3 to .7 it's still wildly in his favor to do it, given that the wage gap will only grow over time consider his base will be 85k+bonus in yr 2, and 95K+bonus in yr 3, whereas he's looking at maybe 10% raises in the forensic accounting.    Look, you can make up formulas all you want, all I was saying is that in certain industries, it's absolutely legitimate to have unpaid internships.  In this case, $PAYOFF is a fairly high value, and P is increased a significant amount."}
{"_id": "294076", "title": "", "text": "Keep in mind the number of months or years before you break even. You pay money to lower the interest rate, and lower the monthly cost. But it takes a number of months, using your numbers $7,000 to save $160 a month will take ~43 months. That is before figuring in the future or present value. If you sell or refinance the mortgage, the initial points to lower the rate is gone."}
{"_id": "294077", "title": "", "text": "\"This is not a normal occurrence, and you have every right to be annoyed, but the technical way it usually happens goes like this: What can happen is when the merchant incorrectly completes the transaction without referencing the pre-authorization transaction. The bank effectively doesn't \"\"know\"\" this is the same transaction, so they process it the same way they process any other purchase, and it has no effect on the pre-authorization and related held/pending transaction. As far as the bank knows, you purchased a second set of blinds in the store for $200 and are still waiting on the first order to come in, they have no idea the store screwed up. The reason this is possible is the purpose of the pre-auth in the first place is that it is a contractual agreement between the bank (credit card) and the merchant that the funds are available, will be available except under rare special circumstances, and thus they can go ahead and process the order. This lets the merchant be secure in the knowledge that they can collect their payment, but you aren't paying interest or monthly payments on something you haven't even gotten yet! This system works reasonably well for everyone - right up until someone screws up and fails to properly release a hold, makes a second transaction instead of properly referencing the first one, or the bank screws up their system and fails to correctly match referenced pre-authorization codes to purchases. The problem is that this should not be a normal occurrence, and the people you are speaking with to try to sort out the issue often do not have the authority or knowledge necessary to properly fix the issue, or its such a hassle for them that they hope you just go away and time fixes the issue on its own. The only sure-fire solution to this is: make sure you have so much extra credit line that this doesn't effect you and you can safely let it time out on its own, or stop doing business with this combination of merchant/payment that creates the problem. Back when my credit limits were being pushed, I would never pay at gas pumps because their hold polices were so weird and unpredictable, and I would only pre-pay inside or with cash to avoid the holds.\""}
{"_id": "294083", "title": "", "text": "\"Your Infant Mortality rate is closer to that of a third world country, too.  Plus, you put more people in prison than China, or Russia. And by some margin. So at least you are No.1 in something other than \"\"Number of Nukes\"\", and \"\"Countries Invaded\"\".\""}
{"_id": "294095", "title": "", "text": "With your numbers, look at it this way - You borrowed $50. When the stock is $100, you are at 50% margin.  What's most important, is that there's margin interest charged, so the amount owed will increase regardless of the stock price. When calculating your return or loss, the interest has to be accounted for or your numbers will be wrong. For a small investor, margin rates can run high, and often, will offset much of your potential gain. What good is a $100 gain if you paid $125 in margin interest?"}
{"_id": "294097", "title": "", "text": "If it is your primary residence and you lived there continuously and for more than 2 years out of the last 5 - then you can exclude the gain under the IRC Sec. 121. In this case, you'll pay no taxes on your gain. If the property has been a rental or you haven't lived there long enough, the rules become more complicated but you may still be able to exclude some portion of the gain, even all of it, depends on the situation. So it doesn't look like 1031 exchange is good for you here, you don't want to carry excluded gain - you want to recognize it and get the tax benefit. However, refinancing after purchase with cash-out money affects the deductability of the loan interest. You can only deduct interest on money used to buy, not cash-out portion. I believe there's a period (60 days IIRC) during which you can do the cash-out refinance and still count it as purchase money, but check with a licensed tax advier (EA/CPA licensed in your State)."}
{"_id": "294116", "title": "", "text": "\"Don't know if it's due to internet or due to reality tv shows turning people off.. Survivor (Started the major reality tv trend, the \"\"Real World\"\" wasn't anywhere as big) started in mid 2000 which ironicly is when the chart started to noise dive.   I'm surprised the report didn't even mention how badly reality tv is effecting us as TV stations are loosing viewers which means they have to put on more commercials to make up for lose of money and then they put on more reality tv because it's the cheapest kind of tv show to make without needing to hire stages,actors,casts,techs,crews,whatever.   They then cut back on decent/experimental shows because the tv watching demographic are now a bunch of reality tv viewers (idiots).   Catch 22.  Prime example of this is now that MTV has pretty much gone full reality tv and even other once respected channels like Discovery and History now have a crap load of reality based shows.\""}
{"_id": "294123", "title": "", "text": "Having 401k or HSA is not income and doesn't trigger filing requirements. Withdrawing from 401k or HSA does. Also, in some States, HSA gains are taxed as investment income, so if you have gains in an HSA and you're a resident of such a State - you'll need to file a State tax return and pay taxes on the gains."}
{"_id": "294128", "title": "", "text": "\"&gt; Every credit card has a space on the back for a signature. And for decades, retailers would check the signature on your ID ... This worked for a long time, until retailers ...  For decades, retailers never compared signatures on credit cards to the person's signature. Impractical and not even worth it as anyone can copy a signature on a card.  Neither do banks bother to check for signature. They don't even have a \"\"signature on-file\"\" anymore.   Try it! Deposit a check or buy with a credit card and scribble something unrelated as a signature! The deposit or credit card transaction will go through. I guarantee you that! **Please try it! Let me know if it did not work!**  I know what I am talking about because I deal with credit cards a lot, professionally, in IT.  The only sure thing is to ask for a PIN. But, alas, credit cards use a chip, so if I steall your card, I can buy with it with no problems. But not if I still your ATM card - I don't know your PIN. The PIN is in your head and I can't get it.  The credit card companies don't really care.\""}
{"_id": "294130", "title": "", "text": "\"Haha, I replied to your comment directly. I'm not avoiding it, I just didn't see this comment until now. Also, whatever \"\"they\"\" you have in your head that you're lumping me in with is almost assuredly wrong. After all, you didn't even know that Nazis were socialist.\""}
{"_id": "294136", "title": "", "text": "They're all over the place: https://en.m.wikipedia.org/wiki/List_of_automated_urban_metro_subway_systems But yes unions are mostly why there aren't more of them and I have some sympathy for them - especially since Robotics &amp; automation are likely to significantly change or destroy most of our jobs over the next 20 years...."}
{"_id": "294148", "title": "", "text": "The term water conditioner a few times physical water conditioner or physical water treatment gadget is by and large used to portray an extensive variety of items that are intended to forestall lime-scale develop on warm trade surfaces when hard water conditioner is warmed. depict an extensive variety of items that are intended to forestall lime-scale develop on warm trade surfaces when hard water is warmed. Despite the fact that the calcium is not expelled from the water, it is safe because of its adjusted physical state."}
{"_id": "294150", "title": "", "text": "There is no right and wrong answer to this question. What you and your business partner perceive as Fair is the best way to split the ownership of the new venture.  First, regarding the two issues you have raised: Capital Contributions: The fact that you are contributing 90% of initial capital does not necessarily translate to 90% of equity. In my opinion, what is fair is that you transform your contributions into a loan for the company. The securitization of your contribution into a loan will make it easier to calculate your fair contribution and also compensate you for your risk by choosing whatever combination of interest income and equity you see suitable. For example, you might decide to split the company in half and consider your contributions a loan with 20%, 50% or 200%  annual interest.  Salary: It is common that co-founders of start-ups forgo their wages at the start of the company. I do not recommend that this forgone salary be compensated through equity because it is impossible to determine the suitable amount of equity to be paid. I suggest the translation of forgone wages into loans or preferred stocks in similar fashion to capital contribution Also, consider the following in deciding the best way to allocate equity between both of you and your partner Whose idea was it? Talk with you business partner how both of you value the inventor of the concept. In general, execution is more important but talking about how you both feel about it is good. Full-time vs. part-time: A person who works full time at the new venture should have more equity than the partner who is only a part-time helper. Control: It is important to talk about control and decision making of the company. You can separate the control and decision making of important decisions from ownership. You can also check the following article about this topic at http://www.forbes.com/sites/dailymuse/2012/04/05/what-every-founder-needs-to-know-about-equity/#726842f3668a"}
{"_id": "294152", "title": "", "text": "It depends solely on the risk your willing to take. For example, few years back one of the leading banks in my country was offering 25% interest rate for 5 year fixed deposits and the lending rate in the market was around 12%. So people borrowed money from other banks and invested in the high return fixed deposits. After 6 months the bank filed for bankruptcy and people lost their money. Later investigations revealed that abnormal high return was offered because the bank had a major liquidity problem. So all depends on the risk associated with return on your investment. Higher the risk, higher the return."}
{"_id": "294157", "title": "", "text": "&gt; This data is 4 years more recent:  &gt; https://www.cnbc.com/2015/04/13/top-1-pay-nearly-half-of-federal-income-taxes.html  Income tax again.  Surprise, surprise.  &gt; Haha, OK- let's see the numbers on property, corporate, estate, or capital gains. Surely the 99% pull their fare share of those.  Nope, [they pay more than their fair share](https://itep.org/whopays/).  *The bleak reality is that even among the 25 states and the District of Columbia that have taken steps to reduce the working poor\u2019s tax share by enacting state EITCs, most still require their poorest taxpayers to pay a higher effective tax rate than any other income group.*"}
{"_id": "294160", "title": "", "text": "\"I encounter this response all the time when people find out I'm majoring in finance.  So much so that trying to explain to someone whose knowledge of financial professionals is limited to the tiny percentage that get featured on the front page of newspapers is pointless. Why don't you hate nuclear scientists? They created the bomb. In closing I'll leave you with a quote from a movie about the importance of risk management.   \"\"Jesus, Seth. Listen, if you really wanna do this with your life you have to believe you're necessary and you are. People wanna live like this in their cars and big fuckin' houses they can't even pay for, then you're necessary. The only reason that they all get to continue living like kings is cause we got our fingers on the scales in their favor. I take my hand off and then the whole world gets really fuckin' fair really fuckin' quickly and nobody actually wants that. They say they do but they don't. They want what we have to give them but they also wanna, you know, play innocent and pretend they have know idea where it came from. Well, thats more hypocrisy than I'm willing to swallow, so fuck em. Fuck normal people. You know, the funny thing is, tomorrow if all of this goes tits up they're gonna crucify us for being too reckless but if we're wrong, and everything gets back on track? Well then, the same people are gonna laugh till they piss their pants cause we're gonna all look like the biggest pussies God ever let through the door\"\"  - Margin Call\""}
{"_id": "294167", "title": "", "text": "You did borrow money for the downpayment.  When you apply for a mortgage loan on your new home, you will be required to list all your assets and all your liabilities. You must disclose the first mortgage as well as the second mortgage on your current condo as well as the monthly payment on each of these loans.  If you took out the second mortgage five years ago, you can truthfully say that you have not taken out any loans within the past year to get cash for the down payment when you apply for a mortgage for purchasing your new house. But, what the lender will be looking at is: Can  the applicants' current income support monthly payments of   $1000 for the first mortgage on the condo plus $300 for the second   mortgage on the condo plus $1500 for the proposed mortgage on the   new house? You might argue that you will be selling that condo soon, or will be renting it out and that the rental income will cover the mortgage payments on the condo, but will the lender give much credence to this? The condo may not sell easily, you might not be able to find a tenant right away, or be able to rent the condo at a high enough rental to cover the costs etc. If you simply save money from your current extra cash flow and use that to make the down payment, the lender will be pondering the question Can  the applicants' current income support monthly payments of   $1000 for the mortgage on the condo plus $1500 for the proposed mortgage on the new house? Which deal will the lender be happier with? If you are uncomfortable saving your extra cash flow in a savings account or CD or investing it in stocks and/or bonds until you need the money for the down-payment on your new house, put that money in a sock under your mattress (and don't smoke in bed!)"}
{"_id": "294175", "title": "", "text": "&gt;1) Everyone is going to get sick.  Which is why everybody has an incentive to cover themselves with THEIR OWN insurance policies.  &gt;2) Most medical issues happen by chance.  See above.  &gt;3) We live in a society and we all live better when all of us are healthy.  Which is why it's so important that people have a strong financial incentive to stay healthy - i.e. not being healthy is expensive, and people should feel those expenses personally.  &gt;4) It is morally the right thing to do.  Morality is a gray area.  I completely disagree with you on this one.  It is not moral to point a gun at somebody to force them to pay for somebody else's stuff.  It is expedient.  &gt;There is no death spiral yet. You're just buying the Republican talking points.  I don't care about any political party's talking points.  My full time job is in the financial markets.  I pay attention to what companies are actually doing, and what they are actually saying about trying to operate under Obamacare.  They are saying it's a mess, and they financial results speak for themselves."}
{"_id": "294187", "title": "", "text": "It should be reported as Miscellaneous Income. Congratulations for wanting to report this income."}
{"_id": "294191", "title": "", "text": "\"In general, when dealing with quantities like net income that are not restricted to being positive, \"\"percentage change\"\" is a problematic measure. Even with small positive values it can be difficult to interpret. For example, compare these two companies: Company A:  Company B:  At a glance, I think most people would come away with the impression that both companies did badly in Y2, but A made a much stronger recovery. The difference between 99.7 and 99.9 looks unimportant compared to the difference between 100,000 and 40,000. But if we translate those to dollars: Company A: Y1 $100m, Y2 $0.1m, Y3 $100.1m Company B: Y1 $100m, Y2 $0.3m, Y3 $120.3m Company B has grown by a net of 20% over two years; Company A by only 1%. If you're lucky enough to know that income will always be positive after Y1 and won't drop too close to zero, then this doesn't matter very much and you can just look at year-on-year growth, leaving Y1 as undefined. If you don't have that guarantee, then you may do better to look for a different and more stable metric,  the other answers are correct: Y1 growth should be left blank. If you don't have that guarantee, then it might be time to look for a more robust measure, e.g. change in net income as a percentage of turnover or of company value.\""}
{"_id": "294199", "title": "", "text": "Just call your credit union and ask if they will let you refinance at the lower rate. If they won't, then just increase your payment every month so that your car is paid off early (in 36 months instead of 60). You won't get the lower rate, but since your loan will be paid early, you'll be saving interest anyway."}
{"_id": "294207", "title": "", "text": "There is one reliable e-store that provide top quality kitchen utensils at the incredible prices. No matter whether you are seeking for stainless steel saucepan, salad servers wood utensil, Copper Casserole or any other product, you can explore this e-store to buy your desired item."}
{"_id": "294212", "title": "", "text": "Stop defending banks. At the time of the 08 melt down, they opened up multiple ways for large financial institutions to borrow money either for collateral (usually shit assets) or with interest rates akin to free or near free. Do you know what that means? Free money. Borrow money for free, buy treasuries and profit.        Who didn't have access? Those that didn't have the inside track in the Fed and in the upper levels of the U.S. government. That's why Lehman went under and  Goldman, JPM, even GE (due to finance division) didn't go under. Far far too many people upvote pro corporate comments when they aren't even remotely accurate just because their worldview is that the world is just. How silly."}
{"_id": "294246", "title": "", "text": "I am not a financial expert, but I'm pretty sure that it DOES matter.  When you take out a mortgage on a home, you are using the home itself as collateral. If you fail to make payments on that home, and go into foreclosure, the bank takes possession of your home. With that understanding, imagine you borrow $500K for a purchase of a home. If the cost of the home was $1M, the bank will have more confidence they can recover the money they lent you (by selling the home should it go into foreclosure) than they would if the house was only worth $700K. In effect, the larger your down payment, the easier it would be for the bank to recover their money should you go into foreclosure early on. As far as 50% overcoming a low credit score... that's a very open-ended question. There are just too many factors at play to give a simple yes or no answer to that."}
{"_id": "294265", "title": "", "text": "On the one hand, more junior people should always give evidence to support their statements.  But otherwise everything I have heard about actually being there indicate that these principles are used hypocritically only when a junior person has a bias that contrasts with the senior person in the room."}
{"_id": "294270", "title": "", "text": "\"I'm not familiar with the Dupire model; I'll have to take a look at (it sounds cool though).  I think that all arbitrage-free models are \"\"incomplete\"\" in the sense that they don't say, \"\"This is a price that doesn't imply any arbitrage opportunities *anywhere*,\"\" but instead say, \"\"This is a price that doesn't imply any arbitrage opportunities within a specific set of securities.\"\"  What set you're using will vary from one model to another, and I'd say (although other people might reasonably disagree) that taking a volatility structure as given is as much no-arbitrage as taking a term structure as given.  As a side note, I'd say that what (theoretically) distinguishes an equilibrium model is that you're supposed to *know* the parameters, not guess at them or observe them from the real world.  By that definition, a really complete CAPM or Black-Scholes would explain how to derive the correct beta or volatility from fundamental analysis.  Also, I've upvoted you elsewhere for some really good comments you made about intrinsic value.\""}
{"_id": "294283", "title": "", "text": "\"It's like the lady said, \"\"It's not the size that counts, honey -- it's the wiggle behind it.\"\"  Or to be more precise in application of metaphor, it's not the amount of money but *where it goes* that matters. Currency is like blood: It's supposed to circulate, but when it pools into large pockets, well, that's a good sign you're dead.\""}
{"_id": "294291", "title": "", "text": "I think it should be as well but I wonder how much more doping contributes to a win in Cycling versus other sports such as soccer. I could be wrong but I would think that with regards to winning, sports such as cycling have a greater weighting on physical performance and though it is also important in sports such as soccer, there is also a great weighting on skill and teamwork."}
{"_id": "294295", "title": "", "text": "I frequently do this on NADEX, selling out-of-the-money binary  calls. NADEX is highly illiquid, and the bid/ask is almost always from  the market maker. Out-of-the-money binary calls lose value quickly  (NADEX daily options exist for only ~21 hours). If I place an  above-ask order, it either gets filled quickly (within a few minutes)  due to a spike in the underlying, or not at all. I compensate by  changing my price hourly.  As Joe notes, one of Black-Scholes inputs is volatility, but price  determines (implied) volatility, so this is circular. In other words, you can  treat the bid/ask prices as bid/ask volatilities. This isn't as  far-fetched as it seems:  http://www.cmegroup.com/trading/fx/volatility-quoting-fx-options.html"}
{"_id": "294297", "title": "", "text": "Probably not. A debit of 50K in your Bank statement does not mean that its invested into tax saving instrument. This question is best answered by the finance department of your company. Practise vary from organization to organization."}
{"_id": "294306", "title": "", "text": "Stuff like this came about mainly when setting the new guidlines in medicare part D. Basically companies are able to reset their prices if they come up with a new method of delivery of a drug, sometimes it's faster and better but not always, especially since it's put into effect regardless. Since they already have a monopoly status due to the patent they set price equal to marginal revenue, which in this case happens to be quite a bit and since they own the only competing drug from what it sounds they are perfectly within their right to pull the old one."}
{"_id": "294311", "title": "", "text": "it is pretty much the same as a normal margin loan but cheaper because you don't own the underlying share.the if the margin is $1000 at 5% you could borrow $20000 in total so the actual amount would be $19000 in total that you would have to pay interest on so at the moment it is 5.1% which is $19000x5.1% /365 days =$2.66 a day and if the share price rises you don't pay extra in interest costs unless you have borrowed more.it still stays at 2.66 a day until you have sold the shares"}
{"_id": "294314", "title": "", "text": "Funds built of dividend-paying stocks are normally called income funds."}
{"_id": "294327", "title": "", "text": "I'm not sure what raising your credit limit would do to your score in the short term.  I don't think it's a clear win, though.  Your percent utilization will go down (more available credit for the same amount of debt) but your available credit will also go up, which may be a negative, since potentially you can default on more debt. If you're interested in monitoring your score, Credit Karma will let you do that for free."}
{"_id": "294359", "title": "", "text": "\"I think you will find it hard to do. There are money laundering regulations which require you to provide proof of address when opening an account. I don't know for certain if they require an UK address, but even if they don't, it's very likely that individual banks etc will require that. I doubt that they will view you as a profitable customer for them, since you would not be using the account as your \"\"main\"\" account. Although having a job isn't a legal requirement, in practice I think it's the only way you can get an account without having been resident in the country for a while. My company employs a significant number of people from abroad and they typically need support from the company to open an account when they first move. One thing you could investigate is opening an account with some international bank with branches both in Hungary and the UK, and asking them to arrange the UK account for you. One example of such a bank is HSBC. However such banks will typically charge you a significant amount for the privilege - for example with HSBC you need a \"\"premier account\"\" to get this kind of service.\""}
{"_id": "294376", "title": "", "text": "I'm talking about the seed industry, not industry in general.  As I said, I don't know how it is at other stations in the U.S., but here even the most poorly educated field workers without a G.E.D. or the ability to speak English get better starting wages than Costco offers.  The work is hard and requires attention to detail and knowledge, but they train on the job.  As for educated employees, after 10 years my wife makes 6 figures with a masters degree.  From the inside looking out the seed industry has done wonders for our world, both economically and agriculturally.  Food is (too?) cheap and plentiful because of the work done by these companies, just like inexpensive smart phones have become the norm because of the work of tech companies.  Do you want to go back to an LCD flip phone?  Likewise, would you like to go back to when we harvested 25 bushels of corn per acre when today we harvest more than 140?  That's 6 times as much food from the same acre of land."}
{"_id": "294386", "title": "", "text": "The only downside is for the agents, not you. Agents, especially selling agents, prefer the concession over the price reduction for their own interests.  They get a commission on a higher purchase price.  That, and the recorded sales price for the house is a tad higher, which incrementally increases the comps for the next sales. When we moved, the agent conditioned me to get ready to offer a concession should we decide to sell our previous home.  We decided to rent that property, and have someone else manage it. But with regard to your questions, the concessions are applied against your closing costs.  When we bought our last house they specified caps on the closing costs, so money will be typically be withheld (or not) contractually. The concessions aren't a taxable gain.  Your basis in the property will be higher than if you get a price reduction, but the lower basis (hopefully) means a higher capital gain when you sell."}
{"_id": "294388", "title": "", "text": "No program or government action will work for everyone on an individual level.  There are over 300M Americans.  The only thing the government can do is make broad stroke policy decisions that have the best *net* outcome for all involved.    Our current system has created conditions in which healthcare costs are out of control.  This is effecting both the sick and the healthy.  Finding a system that works to get the cost under control for the average American, while, ideally, maintaining quality of care, is the ultimate goal.    If that means we have to make a few sacrifices, like caring for the poor and unhealthy, to make it happen, then so be it.  I believe there is something in the Bible about caring for the poor and the sick."}
{"_id": "294398", "title": "", "text": "http://www.theglobeandmail.com/report-on-business/ottawa-clears-up-confusion-over-bank-bail-in/article10697667/  &gt; \u201cThe bail-in scenario described in the Budget has nothing to do with depositors\u2019 accounts and they will in no way be used here,\u201d Finance Minister Jim Flaherty\u2019s press secretary Kathleen Perchaluk said in a statement Tuesday. \u201cThose accounts will continue to remain insured through the Canada Deposit Insurance Corporation, as always.\u201d"}
{"_id": "294406", "title": "", "text": "Weird title.  The article says there was an original hack previous to the one that we all now know about, but it was by the same intruders.  There was also a third breach in a South American office months later.    TIL Equifax suffered three breaches in less than 6 months."}
{"_id": "294422", "title": "", "text": "\"Whether you like animal right activists or not (I don't consider myself one), this is abusive.  Animals for food should meet a swift, hopefully painless death.  If you're taking a nihilistic \"\"everything dies anyway\"\" stance, then can we assume you're ok with child abuse and torture in general?  I mean, we're all just dead meat in the end.\""}
{"_id": "294424", "title": "", "text": "\"Regarding \"\"Interest on idle cash\"\",  brokerage firms must maintain a segregated account on the brokerage firm's books to make sure that the client's money and the firm's money is not intermingled, and clients funds are not used for operational purposes. Source.   Thus, brokerage firms do not earn interest on cash that is held unused in client accounts. Regarding \"\"Exchanges pay firm for liquidity\"\", I am not aware of any circumstances under which an exchange will pay a brokerage any such fee.  In fact, the opposite is the case.  Exchanges charge participants to transact business. See : How the NYSE makes money Similarly, market makers do not pay a broker to transact business on their behalf.  They charge the broker a commission just like the broker charges their client a commission.  Of course, a large broker may also be acting as market maker or deal directly with the exchange, in which case no such commission will be incurred by the broker.  In any case, the broker will pay a commission to the clearing house.\""}
{"_id": "294436", "title": "", "text": "\"Ah .. I don't know Chicago very well, but several classmates ended up there and report that real estate + tax are expensive. Here in Philadelphia, several marginal neighborhoods are in the middle of a real estate boom (some say bubble). People are demanding new construction, but don't care where it is. 600k for a row home is pretty common in Kensington. Same old gentrification story .. first the artists moved in for cheap rents, then coffee shops and then the developers. For those not aware, those parts of Kensington was ground zero for the 1980's crack/crime epidemic .. only the most marginal of blue collar workers couldn't afford to leave.   Sounds like Gary, Ind got themselves on the wrong side of that line. Maybe in a couple decades it will get \"\"rediscovered\"\". Kinda sad, but we do have a history of letting places fail (eg. Wild West ghost towns).\""}
{"_id": "294441", "title": "", "text": "In reality, Hot-melt adhesives are the solvent-free thermoplastic material which are available in the solid chicklet and usually applied in the molten state.Bond Tech Industris possesses a varied types of Hot Melt adhesives to suit any kind of application and as per the exact requirements of the client."}
{"_id": "294447", "title": "", "text": "I'm an international student in my sophomore year. I'll get one more year to have job experience after I get my degree(I'm in the USA). Do you think it'll be beneficial if I go for CFA?(wiki says it takes 4 years on average to earn CFA charter). Also, I'm aiming for corporate finance."}
{"_id": "294451", "title": "", "text": "\"If you're looking for an analogy or exercise, I saw a personal finance show that had people climb stairs, with the debt as weight. Every flight of stairs more \"\"interest\"\" and loans to cover income gaps have to be added to the total debt they carry up the stairs. Can't find the video online though. But I think you need to ask your brother what he thinks his problem is, that will be solved with more loans. It's likely that your brother's problem can't be solved with advice. Since he's not spending rationally, rational arguments have no sway. I suspect he'll tell you his problem is one or two angry creditors, perhaps even ones you don't know about, rather than a fundamental imbalance between income and expenses. Robbing Peter to pay Paul, or moving weights from one backpack compartment to another, doesn't solve the underlying problems. Whatever you do, another loan from you should be off the table. He's an adult now, with problems the size of which you can't help with. We both know how his story ends: all creditors cut him off, and he's in court over garnished wages and creditors fighting over his assets. Reality is the only argument that will have any sway. He's far too personally invested in his scheme to admit defeat, which is why neither words not images nor moving pictures will help him with this learning disability.\""}
{"_id": "294468", "title": "", "text": "Yeah I can see why restaurants don't hold reservations. Probably so many people no show with no consequences. They would rather make sure there's an ass in that seat.   Rental places are usually paid in advance, at least a deposit. So I don't see any excuse for them. They're literally just lying to you."}
{"_id": "294492", "title": "", "text": "\"check the DATE OF SERVICE on all your invoices carefully.  It's possible you actually DID pay already. Sometimes when a medical provider gets \"\"mostly\"\" paid by a third party insurer, they just drop the (small) remainder, as it's more cost than it's worth if it is a trivial amount.  Alternatively, they wait until you show up for another office visit, and \"\"ding\"\" you then!\""}
{"_id": "294496", "title": "", "text": "The solution is most definitely not P2P. Do you remember when Skype used P2P to route its traffic through your home internet, slowing your browsing and streaming? Imagine if YouTube used P2P distribution. This also doesn't work for serving up new videos, as you absolutely NEED an updating main page with DNS in order to disseminate new content even if you're going to share it via P2P.   There are no websites out there that work solely via P2P torrenting. Site hosting costs money. YouTube historically has been operating at a loss because of its massive hosting bills. They're providing a service for you to consume for free. It's naive to think that P2P solves this cost issue.   Even if you somehow implemented a site that used P2P DNS and P2P web traffic, it'd still require the end-user to pay money in order to host it. It would just offset the costs from the website-owner to the website-user, and create a ton of negative externalities. Your internet connection would be tied down by other people accessing content, and you'd likely see data caps instituted and your monthly ISP bill would go up.  We have a workable tradeoff at the moment, and it's taken popular sites a while to make it so. Ads pay for your web experience, and they will continue to do so until the majority of users are comfortable with a site-based subscription model."}
{"_id": "294498", "title": "", "text": "Never even heard of Mo's Bows, but pushing this story to get PR? He isn't even doing anything, his mum is doing all of it for him.  The guy who created Mrs Bow Tie (which, if you're into bow ties like me, is a way better place to shop) created that brand when he was undergoing chemo for Stage 4 cancer at the age of 21! I only know that because it's on their website. You don't see his sob story everywhere!"}
{"_id": "294507", "title": "", "text": "No matter how the money was received/inherited by the parent, the receiver of the gift (in this case the child) will not owe any taxes. If it is below the annual gift exclusion the parent will not owe any taxes or need to fill out any forms. If it is above the annual exclusion then it will depend on how the money was transfer to the child/grand children. One check to the family would not be a good way for the parent to distribute the funds. A check to each person in the family unit (child, spouse, grand child) will allow a large amount to be transferred each year. Because the OP doesn't have a clear understanding of the source of the funds, and any taxes that might or might not have been paid at that time, and the parent isn't willing to discuss this information with the OP; the source of the funds is irrelevant to the answer. do I have to pay additional tax on the amount I receive from her? No."}
{"_id": "294510", "title": "", "text": "I bought about $800 worth over a year ago and have since made a lot of money off of the investment. There are still opportunities to invest but I would do so cautiously as there is a lot of volatility. Still fun though and I would suggest people read about how bitcoin works, along with the pluses/minuses."}
{"_id": "294515", "title": "", "text": "That's exactly what I'm talking about. You're literally just twisting my words and pretending I said something I didn't.   Enjoy doing that. Those of us in the real world will be just fine without you and your false views of how thinngs work."}
{"_id": "294517", "title": "", "text": "Have you looked at OptionsHouse?  They charge $2.95 per trade and are one of the lowest when it comes to fees.  Bare bones interface, but fast execution."}
{"_id": "294522", "title": "", "text": "It this a real situation or is it a made up example? Because for a stock that has a last traded priced of $5 or $6 and volume traded over $4M (i.e. it seems to be quite liquid), it is hardly likely that the difference from bid to ask would be as large as $1 (maybe for a stock that has volume of 4 to 5 thousand, but not for one having volume of 4 to 5 million). In regards to your question, if you were short selling the order would go in exactly the same as if you were selling a stock you owned. So your order would be on the ask side and would need to be matched up with a price on the bid side for there to be a trade."}
{"_id": "294527", "title": "", "text": "IMO it's evident that these Uber investors just want Kalanick to go away. IDK if all of the investors feel the same way .. if I were an investor, I would want Kalanick to continue to assist the company with strategic direction (so long as he can stay in his lane and avoid being a source of court intrigue).  The concept of using a mobile app to request car service seems obvious in hind sight. It's easy to forget how rapidly Uber devoured an entire industry in &lt; 5 years .. and that was largely based on Kalanick's vision."}
{"_id": "294536", "title": "", "text": "This is why we need to get rid of the vultures that buy up property on the cheap, hoard it, and rent it out at a ridiculously inflated price.    The U.S., Australia, Canada, and others alike are in need of housing reform terribly.   As the article stated, eviction is not just a condition of poverty, it is a cause of it!"}
{"_id": "294540", "title": "", "text": "\"Nowtoday, all business depends on the internet for more business. They increase business client through social media. If you are searching Social media marketing company, then \"\"LC WebPros\"\" is the best one way for you. We will provide the best social media service in the world. Many businesses are only on Facebook, but there are many of social websites that can show the impact of the social network.\""}
{"_id": "294545", "title": "", "text": "Many Americans ingest statins to lower cholesterol levels. But several studies, as unearthed by Fisher Capital Management Korea Reviews, show that cholesterol-friendly foods, like tree nuts and soy products, help lower bad cholesterol levels or LDL.  In the Journal of the American Medical Association, a study showed that LDL cholesterol levels were decreased by 13%, for people who ate healthy diet with low cholesterol foods. There was a 3% decrease for those who ate a diet low in saturated fats.  Dr. David Jenkins, lead author of the study and a professor of metabolism and nutrition at the University of Toronto, said that it is possible for people to lower their cholesterol through proper diet. This can be small changes they can make in their lives, if they really want to stay conscious about their cholesterol levels.  Jenkins created a \u201cportfolio diet\u201d that combined foods to lower cholesterol and prevent heart disease. It includes daily consumption of vegetables, oats, and barley as well as tree nuts. The diet plans to use soy-based products to substitute meat and plant sterol-enriched margarine to replace butter.  Dr. Jane Klauer, an internist based in New York who specializes in nutrition and metabolism, says that this lowers the risk for any cardiovascular disease. She continues that the diet creates a positive change in cholesterol levels.  Dr. Walter Willet, professor of epidemiology and nutrition at the Harvard School of Public Health, insists that there are greater benefits if you replace dairy products and red meat, which are possible sources of saturated fat, to soy products and nuts, rather than with carbohydrates.  Before doctors suggest medications to lower cholesterol, they usually advice patients to modify their diet and lifestyle. If this doesn\u2019t work, they readily prescribe statins, which minimizes the production of cholesterol in the liver. Eating fruits, vegetables, lean poultry, fish and whole grains are also suggested to reduce risk of cardiovascular diseases.  The study may have lasted only six-months for follow-up, but Fisher Capital Management Korea Reviews believe there has to be a longer period to understand its effects. They also noted that the diet was plant-based, which many meat-eaters will find it difficult to maintain."}
{"_id": "294549", "title": "", "text": "The book HOLD: How to Find, Buy, and Rent Houses for Wealth by Chader et al. was one of the best I've read on the subject. It has all of the basics, explanations, examples, and gives you real-life assumptions for your inputs when you do your analysis. It does contain some less-relevant information now that was more realistic before 2007, but it's a worthwhile read (or listen). They have some good starter worksheets, as well, on their website to help you do your analysis, which I found useful despite already having my own."}
{"_id": "294560", "title": "", "text": "One super-profligate man generates several orders of magnitude less economic activity than if 100,000 families had, say $100,000 each; less than he managed to spend.  100,000 families with that much more money would all be able to eat at restaurants, buy clothes (I don't care how big his, his wives, and his 18 kids closets are; we're talking something like a thousand orders of magnitude here) buy cars, and just generally create a thousand orders of extra economic activity here; their economic activity of buying  would give further jobs to the sellers of all this stuff; which would in turn be able to buy stuff, and an economy recovers.    *edit spelling, grammar"}
{"_id": "294567", "title": "", "text": "I've given my plumbers name to tons of people. I honestly go out of my way to recommend him when I see someone on twitter needs a plumber.   The reason is because he's been great to me. Comes on time, we get along great. Gets things fixed quickly.   Word of mouth is the best."}
{"_id": "294573", "title": "", "text": "You should always always enroll in an espp if there is no lockup period and you can finance the contributions at a non-onerous rate. You should also always always sell it right away regardless of your feelings for the company.  If you feel you must hold company stock to be a good employee buy some in your 401k which has additional advantages for company stock.  (Gains treated as gains and not income on distribution.) If you can't contribute at first, do as much as you can and use your results from the previous offering period to finance a greater contribution the next period.  I slowly went from 4% to 10% over 6 offering periods at my plan. The actual apr on a 15% discount plan is ~90% if you are able to sell right when the shares are priced.  (Usually not the case, but the risk is small, there usually is a day or two administrative lockup (getting the shares into your account)) even for ESPP's that have no official lockup period. see here for details on the calculation. http://blog.adamnash.com/2006/11/22/your-employee-stock-purchase-plan-espp-is-worth-a-lot-more-than-15/ Just a note  For your reference I worked for Motorola for 10 years.  A stock that fell pretty dramatically over those 10 years and I always made money on the ESPP and more than once doubled my money. One additional note....Be aware of tax treatment on espp.  Specifically be aware that plans generally withhold income tax on gains over the purchase price automatically.  I didn't realize this for a couple of years and double taxed myself on those gains.  Fortunately I found out my error in time to refile and get the money back, but it was a headache."}
{"_id": "294581", "title": "", "text": "Ok, you definitely have the background to talk shop then. I can't get into much color until I head home so I'm going to bookmark this and come back to it in 8ish hours.  I would be interested to hear your opinion on a few things."}
{"_id": "294598", "title": "", "text": "You can buy anything low and sell high. I've been buying hype sneakers, clothes, and popular concert tickets and selling them for more on apps like GOAT, StockX, StubHub, or on local Facebook groups!  Buying stuff from yard sales can be useful too! If you have some around you, sometimes they'll have BRAND NEW stuff that you can sell on eBay or something similar!  I've made a goal for myself to hit $10k by flipping stuff, and I'm currently at $6k!"}
{"_id": "294602", "title": "", "text": "&gt; You can't find anyone else who would pay you more, or you would have left. That's a reflection of what you have to offer the world.  Your comment was thoughtful, and this last bit in particular I feel is like something that I've been wrestling with for a while.   It's a very libertarian view as you probably know. It makes a lot of sense to me, but I can't help to think of some possible flaws and wonder what you think:  1. Availability of work: If somebody has a choice between no job and being grossly underpaid, wouldn't the choice be between having no money and a little money at that point? Doesn't that run the risk of exploitation? Wouldn't exploitation be working for less than what you're worth?  2. Value: Unskilled pretty much means replaceable. They don't give a shit if you come or go, and vice versa. That's not a reflection of a job's worth to the company, nor is a real reflection of how difficult it is. There's no competition for wages. Eventually workers get sick of it and leave, not expecting improved wages elsewhere but a job they can deal with for 40 hours per week. But there are always more people in need to take their place, so the company has no incentive to raise wages.    Like you said, it *is* a reflection of what you have to offer to the world, in a sense that your skills are not uncommon. However, is this everything? The world *needs* unskilled labor to run. Is there something wrong with being a cashier? A doorman? A guy who unpacks the trucks that carry the things we all use? No, the world *needs* these people...should people who are needed have jobs that don't allow for them to meet basic living standards?    3. Expectation: The only reason why most people won't work for less than 8 or 9 dollars/hr, expect reasonable flexibility to balance work and personal life, don't expect to be forced to work more than 8-9 hours per day, have weekends off, and those working 40 hrs/week demand holiday pay/sick days/access to insurance/vacation time, is because that's what people expect out of a job in this day and age. None of these things are law (i think). People used to be treated considerably worse by their employers, and likely there will be a time when people will think that the people of our day were stupid for settling for less. The labor movement has done much in this regard.  &gt; Maybe, instead of bitching that you are paid shit wages, you should ask why you ever expected to earn more after failing to acquire any skill a teenager couldn't master in a week.   4. Everyone's solution?: Let's say everyone learns to do a skilled job, who will be left to do the unskilled jobs? Someone will have to do them. Some countries have hordes of college educated workers working unskilled jobs, because of the high % that go to college. Ok, so then leave it to merit. Does merit always work though? What about nepotism? Personality, when it doesn't matter for the job? Age, Race, Sex, Ethnicity...think these play any part in the hiring process?   If all else fails, not everyone can be expected to be a successful entrepreneur.  5. Life: Life can throw you some curveballs, and people make mistakes. Some tend to pay for them more than others. Some have talent, others don't. Some are born with money, some not. Some have a large and caring family, others have no family at all.    Again, I'm not saying these things necessarily invalidate your original point, but it's something to consider. Your thoughts?"}
{"_id": "294603", "title": "", "text": "\"&gt;Then you are using the word \"\"passive income\"\" wrong  My point is that the problem goes beyond \"\"passive income\"\".  Sure, utilising unethical tax and debt avoidance strategies isn't a passive method that requires no effort, but it's obviously not a good thing either.  &gt;50%+ of the population isn't intelligent enough to even do this.   Stock market speculation is just one example. There are a lot of wealthy people who are much less intelligent and work much less than people who have only a fraction of their wealth.  I certainly hope you're not suggesting that wealth is necessarily, or even usually an indicator of intelligence or work ethic.  &gt;I still don't know where you even got this idea. I've read the book and he doesn't even really talk about this.  Are you joking? \"\"Poor Dad\"\" is portrayed as a pitiable piece of shit because he has integrity and works an honest job. \"\"Rich Dad\"\" is some kind of fucking superhero because instead of contributing to society in some way, his priority is to constantly generate wealth and continue to grow like cancer. \"\"Rich Dad\"\" detracts from society, and in a remotely fair system his wealth would reflect his contributions, not his willingness to manipulate others.  &gt;You're right, it isn't, which is why most people don't do it for a living.   Oh, so becoming obscenely wealthy at the expense of others would be acceptable in your idea of a perfect society? Hell, If we're going to take such a Darwinian 'survival of the fittest' approach to society, why not just remove all welfare programs and let the wealthy among us continue to buy politicians until they pay no taxes and everyone else subsidises their lifestyle? Oh wait, we're already doing exactly that.   I would rather things get worse than stay the same. It is clear that people need to hurt more before they wake up to see who is responsible for their rapidly declining quality of life.\""}
{"_id": "294613", "title": "", "text": "In your position I would use one of the existing Polish currency exchange platforms (you can find a list here: http://jakikantor.pl). A few of them have bank accounts in Britain so the exchange rate will be close to market price."}
{"_id": "294614", "title": "", "text": "Unless there is a compelling reason to do so, like reducing interest charges, IMO you shouldn't do this. The fact that the bank teller or a computer files a CTR doesn't imply that you are doing something improper -- it is simply a regulation that banks are required to adhere to. Millions of CTRs are probably filled out over the course of the year. It doesn't add more time to your transaction, nor does it impact your tax or other liability. Learning about this stuff can instill a sense of paranoia. Don't fall victim to that -- these are measures in place to make it more difficult to dodge taxation and launder money."}
{"_id": "294621", "title": "", "text": "This is correct. The most rapidly expanding areas in finance resemble computer science more than they resemble traditional finance. The compliance and legal side of things, however, is only getting more and more complicated. At my firm, the compliance personnel outnumber the traders three to one."}
{"_id": "294625", "title": "", "text": "&gt; is there anything that Excel on a Mac will really put me at a disadvantage?  Yes. Dozens of things. Solver, for the most basic. Get Windows/Boot Camp or virtualization software for Windows like VMWare or Parallels. Excel on Mac (and office, in general) is garbage and vastly inferior to the Windows version. The b-school at my undergrad flat out refused to allow students to use Excel for Mac."}
{"_id": "294628", "title": "", "text": "\"Weird. He can call it a fraud, yet he cannot point to the fraudsters implied by his statement, unless he believes his own daughter committed fraud by buying, and I imagine at some point selling some bitcoin.  This doesn't feel like a complete thought overall. He likes \"\"blockchain\"\" as a technology, he sees the value of bitcoin to escape oppressive regional monetary policies, but he somehow stops of accepting where that train of thought would naturally take him, perhaps because the conclusion is completely alien to everything he knows.\""}
{"_id": "294644", "title": "", "text": "When I did this I sold the stock out of my 401k account.  Then transferred the cash to my rollover IRA account.  No tax event was created for me.  Make sure your rollover IRA account is listed as tax deferred.  If this still doesn't work for you then it could be a bug in Quicken and your best bet is the Quicken forums.  Good luck."}
{"_id": "294645", "title": "", "text": "That's exactly what happened to me except on Fiverr. I had months of activity and hundreds of 5-star reviews. I had real clients. Repeat buyers. Real business relationships.   Then one day they deleted both of my accounts (I had one for buying and one for selling). Apparently, buried somewhere in their terms of service, users aren't allowed to have more than one account. I didn't even try to hide it- my usernames were nerdi and nerdi2. They even made me wait months and submit I.D. just to be able to log in and withdrawal my earnings.  So much for that."}
{"_id": "294676", "title": "", "text": "If you are earning a salary, go for Roth IRA. You can contribute $5500 (2013 limits) every year . Once you open a account , let say Fidelity or Vanguard, you should invest based on risk appetite into some funds. the advantage is that your money grows tax free and when you are 25- 30 years old and need money for down payment of house, you can pull the money out with out any penalty. The gains you have made will continue to be in that account till the time your retire, growing every year."}
{"_id": "294688", "title": "", "text": "The only use of options that I will endorse is selling them. If you believe the market is going down then sell covered, out of the money, calls.  Buying calls or buying puts usually wastes money. That is because of a quality called Theta. If the underlying security stays the same the going price of an option will decrease, every day, by the Theta amount.  Think of options as insurance. A person only makes money by selling insurance, not by buying it."}
{"_id": "294714", "title": "", "text": "It's been a PR free-for-all with these hurricanes.  It's kind of disgusting.  Google was giving free phone repairs to Pixels that nobody will ever use but they spent a whole day bragging about their good deed.  Many others did similar victory laps."}
{"_id": "294718", "title": "", "text": "Off the top of my head, a broker: While there are stock exchanges that offer direct market access (DMA), they (nearly) always want a broker as well to back the first two points I made.  In that case the broker merely routes your orders directly to the exchange and acts as a custodian, but of course the details heavily depend on the exchange you're talking about. This might give you some insight: Direct Market Access - London Stock Exchange"}
{"_id": "294738", "title": "", "text": "Residents pay tax on all of the income they receive during the calendar year from all sources, so you'll at least need to file and pay New York state income taxes on this money regardless. I can't answer whether you'll need to file and pay Colorado state income tax on this money as well. Generally speaking, you need to file a return for each state in which you live, receive income, or have business interests. If you are required to file a Colorado state income tax return, however, you can claim a credit for taxes paid to another state on your New York state income tax return using form IT-112-R (see the form and instructions)."}
{"_id": "294750", "title": "", "text": "The quant aspect '''''. This is the kind of math I was wondering if it existed, but now it sounds like it is much more  complex in reality then optimizing by evaluating different cost of capital. Thank you for sharing"}
{"_id": "294753", "title": "", "text": "I'm not certain I understand what you're trying to do, but it sounds like you're trying to create a business expense for paying off your personal debt. If so - you cannot do that. It will constitute a tax fraud, and if you have additional partners in the LLC other than you and your spouse - it may also become an embezzlement issue. Re your edits: Or for example, can you create a tuition assistance program within   your company and pay yourself out of that for the purposes of student   loan money. Explicitly forbidden. Tuition assistance program cannot pay more than 5% of its benefits to owners. See IRS pub 15-B. You would think that if there was a way to just incorporate and make your debts pre-tax - everyone would be doing it, wouldn't you?"}
{"_id": "294761", "title": "", "text": "\"Why would a bank buy government bonds? Why couldn't they just deposit their money in another bank instead?  Generally, banks are limited by laws and regulations about how much they must set aside as reserves. Of the money they receive as deposits, they may loan a certain amount, but must keep some as a reserve (this is called \"\"fractional reserve banking\"\"). Different countries have a different amount that they must set aside in reserves.  In countries where bank deposits are guaranteed, there is almost always some upper limit to how much is guaranteed. The amount of money that a bank would deposit in another bank would be far greater than the guarantee.\""}
{"_id": "294774", "title": "", "text": "I don't know what his problem is. IBM has been spending like drunken sailors on acquisitions for years now. IBM is being managed by half-wits who think financial engineering (stock buy backs, restructuring, M&amp;A) is as good as actual engineering. Meanwhile the company has missed every significant technological shift since the 1980s.  So if they make a massive, huge, great big acquisition you can be sure they'll pay too much for it, be unable to integrate it, and end up writing it down. After all, they are consistent in their incompetence.  IBM shareholders have to fire the board. Once a new board is in place they can fire all of senior management and replace them with people who have at least a degree of competence.   Most likely the company will just continue on its course to oblivion."}
{"_id": "294780", "title": "", "text": "If I claim that I have a goose that lays golden eggs, that does not make it so. What a nation _claims_ has absolutely no relevance when you look at the actual facts. Nazi germany committed genocide no matter what they claimed, and the Soviet union was as capitalist as any other country, no matter what they claimed, with the added bonus that you couldn't even work your way up in society, the classes of society were decided by The Party.  Pinochet was a free market dictator, yet you never hear him used as an example of how free market policies automatically turns into authoritarianism, genocide and a police state. And who would say that? It's absurd, and it's equally absurd to say that socializing schools or hospitals in a automatically leads to Gulags. Of course, an expansion of the state mixed with a dictator would probably be surprising if it _didn't_ lead to repression, regardless of claimed ideology.  The one thing authoritarian countries have in common is a big, militarized state, the illusion of ideology always comes in second. Not all flavors of socialism wants a state, mind you. So in one way, ironically, a country like the US is probably closer to authoritarianism than a country like mine (Sweden), even though we are clearly more socialist."}
{"_id": "294810", "title": "", "text": "I remember my Finance Professor at b-school answering this question:   The next moment the dividend is paid the total market cap is decreased by the amount paid   This makes sense as cash leaves company, the value of the company is decreased by exactly the same amount. To summarise: the moment you paid dividend, the value of the stock is decreased by the same amount."}
{"_id": "294822", "title": "", "text": "Disclaimer: I am not Canadian and have no experience with their laws and regulations. There really aren't any safe short term investment options at the moment (with interest rates being close to zero). So, just put the money aside you will need for the car and the computer, maybe on a callable savings account to make at least a few Dollars. Do not take out any loans, it is very unlikely you will earn more than the cost of the loan. You didn't say how much will be left but, unfortunately, it really is not much to go on anyway. Considering that you seem to have enough income to cover your expenses, you could transfer the rest to your RRSP, invest and just forget about it. I suggest to follow this rule of thumb: the growth portion of your portfolio, which for you means equities, should be directly related to the number of years you won't need to touch these funds. 1 year, 0 equity. 2 years, 10%, 3 years, 20%, and so on. What's not in equities, you could put in short term bonds, meaning an average duration of about 3 years. Needless to say, single stocks/bonds are out of question, ideally you can find 2 ETFs, one for stocks and one for bonds, respectively. However, if there is any possibility you did not mention that you could suddenly depend on this money, you have to keep your equity exposure, and thus your potential earnings, low. Just a humble thought: i really don't know your specific situation, my apologies if I'm out of line. Often disability means that you are not capable of doing one particular thing anymore, i.e. work physically. Just maybe you would still be capable to do some other type of work, maybe even from the comfort of your home, that would allow you to generate a certain income (and also keep you busy).  I hope this helps. Good luck."}
{"_id": "294828", "title": "", "text": "\"Going off hearsay here. I believe your question is. \"\"Does not having a credit card lower your credit score\"\" If that is the question then in the UK at least the answer appears to be yes. Having a credit card makes you less of a risk because you have proven that you can handle a little bit of debt and pay it back. I have a really tiny credit history. Never had a credit card and the only people who will lend to me are my own bank because they can actually see my income / expenditure. When I have queried my bank and at stores offering credit they have said that no credit history isn't far off a bad credit record. Simply having a credit card and doing the odd transactions show's lenders you are at least semi-responsible and is seen as a positive. Not having a credit card and not having much else for that matter makes you an unknown and an unknown is a risk in the eyes of lenders.\""}
{"_id": "294838", "title": "", "text": "\"The Wall Street Journal says in its \"\"For Consumers\"\" section of its infographic: There's also some new agencies (including a \"\"consumer watchdog agency\"\"), and some new rules the SEC can implement, and it lets state pass more laws affecting national banks, but it doesn't look like there's much in particular that it does for consumers right away. Source - http://online.wsj.com/article/SB10001424052748704569204575329211031691230.html\""}
{"_id": "294843", "title": "", "text": "Hopefully is a very good term.   It remains a fact because in the current scenario of low growth, companies don't see much of a reason to invest, and all evidence points agrees.   So what are companies doing with all the extra cash they are getting from the rich? They are either buying back their own shares (which is a divestment), or they are doing mergers and buyouts, which are both at record highs at the moment. Here too evidence points that neither of these are actual productive activities. Share buy backs only inflate the share price without actually changing the market cap, as there are less shares in the market. Mergers have a strong track record of being expensive and ultimately bad investments that do more to erode value than they do to increase it.   Then of course, there are the fees from the finance industry that are from these investments, share buy backs, and mergers that are just added into the spinning wheel without actually impacting the real economy."}
{"_id": "294851", "title": "", "text": "This is exactly how I feel. I've been doing contract design for the last 5 years. I've made an OK salary, not quite as much as I could in the corporate world. But I don't have any one to answer to but myself, which means more to me than the extra money I could be making."}
{"_id": "294855", "title": "", "text": "\"I separate them out, simply because they're for different purposes, with different goals and time-frames, and combining them may mask hidden problems in either the retirement account or the regular account. Consider an example: A young investor has been working on their retirement planning for a few years now, and has a modest amount of retirement savings (say $15,000) allocated carefully according to one of the usually recommended schemes. A majority exposure to large cap U.S. stocks, with smaller exposures to small cap, international and bond markets. Years before however, they mad an essentially emotional investment in a struggling manufacturer of niche personal computers, which then enjoyed something of a renaissance and a staggering growth in shareholder value. Lets say their current holdings in this company now represent $50,000. Combining them, their portfolio is dominated by large cap U.S. equities to such an extent that the only way to rebalance their portfolio is to pour money into bonds and the international market for years on end. This utterly changes the risk profile of their retirement account. At the same time, if we switch the account balances, the investor might be reassured that their asset allocation is fine and diversified, even though the assets they have access to before retirement are entirely in a single risky stock. In neither case is the investor well served by combining their funds when figuring out their allocation - especially as the \"\"goal\"\" allocations may very well be different.\""}
{"_id": "294864", "title": "", "text": "The standard goal of valuing anything is to seek the fair price for that thing in the open market. Depending on what is being valued, that may or may not be an easy task. eg: to value your home, get a real estate appraiser, who will look at recent market sales in your area, and adjust for nuances of your property. To value your loan guarantee, you would need to figure out what it is actually worth to the business, which may be difficult. In a perfect world, you would be able to ask the bank to tell you the interest rate you would have to pay, if the loan was not guaranteed. This would show you the value you are providing to the business by guaranteeing it. ie: if the interest would be $100k a year unguaranteed, but is only $40k a year guaranteed, you are saving the business $60k a year. If the loan is to last 5 years, that's a total of $300k. Of course, it is likely the bank simply won't offer you an unguaranteed loan at all. This makes the value quite difficult to determine, and highlights the underlying transaction you are considering:  You are taking on personal risk of loan default, to profit the business. If you truly can't find an equitable way to value the guarantee, consider whether you understand the true risk of what you are doing. If you are able to determine an appropriate value for the loan, consider whether increasing your equity is fair compensation. There are other methods of compensation available, such as having the company pay you directly, or decrease the amount of capital you need to invest for this new set of equity.  In the end, what is fair is what the other shareholders agree to. If you go to the shareholders with anything less than professional 3rd party advice (and stackexchange does not count as professional), then they may be wary of accepting your 'fee', no matter how reasonable."}
{"_id": "294867", "title": "", "text": "You don't see Buying and Selling. You see Bid and Ask. Best Bid--Highest Price someone is willing to pay to buy a stock. Best Ask - Lowest price someone is willing to accept to sell a stock. As for your second question, if you can look up Accumulation/Distribution Algorithm and Iceberg Order, you will get basic idea."}
{"_id": "294899", "title": "", "text": "Credit cards and debit cards make up the bulk of the transactions in the US.  Visa and Mastercard take a percentage of each credit card transaction.  For the most part, this fee it built into the price of what you buy.  That is, you don't generally pay extra at the grocery store if you use a credit card (gasoline purchases are a notable exception here.) If you were getting something like 2% of a third of all the retail transactions in the US, you'd probably not want to rock the boat too much either.  Since there is little fraud relative to the amount of money they are taking in, and it can often be detected using statistical analysis, they don't really stand to gain that much by reducing it through these methods.  Sure they can reduce the losses on the insurance they provide to the credit card consumer but they risk slowing down the money machine.  These companies want avoid doing something like reducing fraud by 0.5% revenues but causing purchases with the cards drop by 1%.  More security will be implemented as we can see with the (slow) introduction of chip cards in the US but only at a pace that will prevent disruption of the money machine.  EMV will likely cause a large drop in CC fraud at brick-and-mortar stores but won't stop it online.  You will likely see some sort of system like you describe rolled out for that eventually."}
{"_id": "294906", "title": "", "text": "I used to work for Wells Fargo, and the part that is most incredible to me about all of this is everyone knew about it happening. I refused to do it myself, but most of the people there that I knew were doing it to get huge bonuses and win trips, TVs, game consoles, etc. Even the upper sales managers knew, they just didn't care because it made them look good and made them more money. I even lost out on promotions simply because I refused to do it."}
{"_id": "294957", "title": "", "text": "The supposed cheapest way to do this is via a website like: https://transferwise.com/en They claim to have the best exchange rates compared to banks but I have never used them. If you do use them could you let us know in the comments as to how good they are?"}
{"_id": "294959", "title": "", "text": "If you are suffering from ankle or foot pain, you may need to go to Preferred Foot and Ankle Specialists. Check out Dr. Mikkel Jarman, DPM, Podiatrist in Gilbert AZ. Call 480 497-3946 or PreferredFootAnkle.com. He's amongst the best Foot Doctors in Gilbert AZ and provides gentle pain relief."}
{"_id": "294985", "title": "", "text": "The real problem is the international bubble. China for one pegs their currency against the dollar and it's banks use even more leverage than ours do. There is no safe haven for money, because everyone is printing the shit out of their money."}
{"_id": "294997", "title": "", "text": "\"What do you mean \"\"There are no convenient ways to create a debit card in my area\"\"? Of course there is. At any post office.\""}
{"_id": "295003", "title": "", "text": "\"I suppose for the simple minded it is. \"\"Less taxes = less revenue = oh no, disaster!\"\". Which may be true for a small state budget that is often strapped for cash and struggling to get by. Cut revenue at the state level and vital programs suffer.   The federal government on the other hand is a behemoth. It has a lot more sources of revenue than states do. It also has more programs and waste that can be cut, before even considering cuts to social services and entitlement programs, like regulatory agencies.  Down vote me all you want but I find it preferable to have tax money in the hands of citizens and businesses rather than the government. The more money you give to government the more they're going to spend.\""}
{"_id": "295031", "title": "", "text": "Do not use a stop loss order as a long-term investor.  The arguments in favor of stop losses being presented by a few users here rely on a faulty premise, namely, that there is some kind of formula that will let you set your stop such that it won't trigger on day-to-day fluctuations but will trigger in time to protect you from a significant loss in a serious market downturn.  No such formula exists.  No matter where you set your stop, it is as likely to dump you from your investment just before it begins climbing again as it is to shield you from continued losses.  Each time that happens, you will have sold low and bought high, incurring trading fees into the bargain.  It is very unlikely that the losses you avoid in a bear market (remember, you still incur the loss up until your stop is hit; it's only the losses after that that you avoid) will make up the costs of false alarms. On top of that, once you have stopped out of your first investment choice, then what?  Will you reinvest in some other stock or fund?  If those investments didn't look good to you when you first set up your asset allocation, then why should they look any better now, just because your primary investment has dropped by some arbitrary[*] amount?  Will you park the money in cash while you wait for prices to bottom out?  The market bottom is only apparent in retrospect.  There is no formula for calling it in real time. Perhaps stop loss orders have their uses in active trading strategies, or maybe they're just chrome that trading platforms use to attract customers.  Either way, using them on long-term investments will just cost you money in the long run.  Forget the fancy order types, and manage your risk through your asset allocation.  The overwhelming likelihood is that you will get better performance, and you will spend less time worrying about your investments to boot. [*] Why are the stop levels recommended by the formulae invariably multiples of 5%?  Do the market gods have a thing for round numbers?"}
{"_id": "295045", "title": "", "text": "\"You can't run a business without making \"\"$$$\"\".   Good will and good intentions only go so far and they do not always equate to positive results. Capitalism rewards the positive results of proper decision making in the market place as businesses generate enough profit to allow them to stay afloat and expand, while those businesses that do not follow through with proper decision making reap negative results, fail and eventually go out of business. These are irrefutable facts which govern how capitalism works, i.e. success is rewarded, failure is punished and both of these results serve as lessons for all others in the marketplace who dare to heed these lessons based offered up by success and failure which are to be found in a capitalist economy.   So if the current market conditions dictate that allowing workers more free time, increased perks, etc will increase productivity and lead to success then it is only rational and reasonable for businesses to attend to the needs of their employees.   However if the costs of these perks begin to spiral out of control and/or are no longer relevant or favorable in the marketplace then cost cutting measures are needed to ensure that businesses are able to secure their profits and stay afloat. Those who do not rein in or alleviate these cost issues in their businesses will quickly go under as these costs eat out their bottom line and competitors move in to under-cut them in the market place. Nevertheless attempting to place some sort of emotional or political reasoning and judgment as to how and why businesses act in regards to cost cutting measures without first taking into account the reality of the circumstances in which they must operate in, i.e. having to make a profit in order to survive, is unreasonable and flat out childish.\""}
{"_id": "295082", "title": "", "text": "Dividends indicate that a business is making more profit than it can effectively invest into expansion or needs to regulate cash-flow. This generally indicates that the business is well established and has stabilized in a dominant market position. This can be contrasted against businesses that: Dividends are also given preferential tax treatment. Specifically, if I buy a stock and sell it 30 days later, I will be taxed on the capital gains at the regular income rate (typically 25-33%), but the dividends would be taxed at the lower long-term capital gains rate (typically 15%)."}
{"_id": "295085", "title": "", "text": "I dunno.  Borrow $65,000 with zero collateral, string the lender along for 20+ years, then die?  Sounds like a great decision to me.  I wonder why a bank would ever take the other end of that lemon of a deal?  Oh, right..."}
{"_id": "295089", "title": "", "text": "Some countries, like the United States, allow a mortgage interest tax deduction.  This means the interest you pay on a mortgage, which is typically much more than half of the monthly payment at the beginning of a 25 year mortgage, is tax deductible, so you might get 33% or more of the interest back, and that effectively makes the interest rate significantly lower.  Therefore you are borrowing the money really cheap.  That makes MrChrister's answer even more appropriate."}
{"_id": "295091", "title": "", "text": "Since I am no longer a minor, can I start contributing to this account right away and claim tax relief for my contributions?  Yes Do I need to submit some paperwork to the bank  Not to my knowledge. Best check with Bank. What will be the features of such a PPF account with respect to maturity, withdrawals, interest, tax on interest, etc. No difference. i.e. the Account would continue, as it was opened 10 years back, it would mature in another 5 years. You can extend this by a block of 5 years as long as required. The withdrawals are tax free in your hands including interest."}
{"_id": "295093", "title": "", "text": "Either way, (lease or buy), it's likely going to be an expense, not a depreciation. You would expense the entire lease amount - whatever that is in the year it was paid. A $2k-$3k computer probably isn't worth the trouble of recording it as a Fixed Asset and depreciating it yearly. I work for a company that buys thousands of PCs a year for its employees and we have a hard rule: If it's under $3k, it's an expense not an asset. If you were buying $20k-$50k servers, this would be a different conversation both because of the price and the life of the item. Because it's such a small amount (unless you really are buying $20k PCs), it doesn't really matter whether it's your biggest expense or not, it's likely just an expense. Though, no one is preventing you from depreciating it over 5 years if you wanted to. See: https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-answers/sale-or-trade-of-business-depreciation-rentals/depreciation-recapture/depreciation-recapture In summary: I would say your question is more of a business sense question than a tax question. Is it worth it to you to lease instead of buying because you are getting a new PC so often? Btw: every 2 years is not that often. It's average. Whatever your decision, I think the answer for taxes is the same: Expense it all in the year it was incurred unless you really want to spread it out and depreciate."}
{"_id": "295115", "title": "", "text": "You should talk to a lawyer. One solution I can think of is using a trust. Keep in mind that that may complicate things (non-revocable trusts are taxed on income not distributed, and revocable trust means you effectively keep the owenership of the stock). If you don't mind paying taxes on the dividends and keep the stocks in a living trust - that would be, IMHO, the simplest solution. That would, however, invoke the gift/estate tax at the value of the stock when the ownership actually passes to the intended receipient (i.e.: you die/gift the stock to the child). It would be very hard to pay the gift tax now and avoid getting the childs SSN and opening an account for the child with it."}
{"_id": "295121", "title": "", "text": "Well, consult with a CPA, but I guess you don't have to pay taxes on 2012 with a correct accounting system since this is the money you are going to completely earn within 2013 so you can record it as future earning which is called deferred revenue or advance payments or unearned revenue."}
{"_id": "295135", "title": "", "text": "I understand equity financing. Do you understand microeconomics? Can you explain to me how selling a product that has market value of $4 and a COGS of $10 is sustainable?   Amazon's losses were about building infrastructure to allow reduced costs. Their products sold at a loss tend to be loss leaders (people buy thousands of dollars worth of digital products on Kindles and Fires they purchased for less than cost). That bears no resemblance to Uber's model."}
{"_id": "295142", "title": "", "text": "\"**What you need to know about [estate planning](http://money.cnn.com/magazines/moneymag/money101/lesson21/), including why you may need a will and assigning a power of attorney.**  **1. No matter your net worth, it's important to have a basic estate plan in place.**  Such a plan ensures that your family and financial goals are met after you die.  **2. An estate plan has several elements.**  They include: a will; assignment of power of attorney; and a living will or health-care proxy (medical power of attorney). For some people, a trust may also make sense. When putting together a plan, you must be mindful of both [federal and state laws](http://corlisslawgroup.com/) governing estates.  **3. Taking inventory of your assets is a good place to start.**  Your assets include your investments, retirement savings, insurance policies, and real estate or business interests. Ask yourself three questions: Whom do you want to inherit your assets? Whom do you want handling your financial affairs if you're ever incapacitated? Whom do you want making medical decisions for you if you become unable to make them for yourself?  **4. Everybody needs a will.**  A will tells the world exactly where you want your assets distributed when you die. It's also the best place to name guardians for your children. Dying without a will -- also known as dying \"\"intestate\"\" -- can be costly to your heirs and leaves you no say over who gets your assets. Even if you have a trust, you still need a will to take care of any holdings outside of that trust when you die.  **5. Trusts aren't just for the wealthy.**  Trusts are legal mechanisms that let you put conditions on how and when your assets will be distributed upon your death. They also allow you to reduce your estate and gift taxes and to distribute assets to your heirs without the cost, delay and publicity of probate court, which administers wills. Some also offer greater protection of your assets from creditors and lawsuits.  **6. Discussing your estate plans with your heirs may prevent disputes or confusion.**  Inheritance can be a loaded issue. By being clear about your intentions, you help dispel potential conflicts after you're gone.  **7. The federal estate tax exemption -- the amount you may leave to heirs free of federal tax -- is now set permanently at $5 million indexed for inflation.**  In 2013, estates under $5.25 million are exempt from the tax. Amounts above that are taxed up to a top rate of 40%.  **8. You may leave an unlimited amount of money to your spouse tax-free, but this isn't always the best tactic.**  By leaving all your assets to your spouse, you don't use your estate tax exemption and instead increase your surviving spouse's taxable estate. That means your children are likely to pay more in estate taxes if your spouse leaves them the money when he or she dies. Plus, it defers the tough decisions about the distribution of your assets until your spouse's death.  **9. There are two easy ways to give gifts tax-free and reduce your estate.**  You may give up to $14,000 a year to an individual (or $28,000 if you're married and giving the gift with your spouse). You may also pay an unlimited amount of medical and education bills for someone if you pay the expenses directly to the institutions where they were incurred.  **10. There are ways to give charitable gifts that keep on giving.**  If you donate to a charitable gift fund or community foundation, your investment grows tax-free and you can select the charities to which contributions are given both before and after you die.\""}
{"_id": "295153", "title": "", "text": "\"Keep in mind that all of the information below assumes: That being said, here are some examples of national tax laws relating to barter transactions. Obviously this isn't an exhaustive list, but based on my grossly non-representative sample, I think it's fairly safe to assume that barter transactions are more likely taxable than not.  You're referring to a barter system; in the United States, the IRS is very specific about this (see the section titled Bartering).  Bartering is an exchange of property or services. The fair market   value of goods and services exchanged is fully taxable and must be   included on Form 1040 in the income of both parties. The IRS also provides more details: Bartering occurs when you exchange goods or services without   exchanging money. An example of bartering is a plumber doing repair   work for a dentist in exchange for dental services. You must include   in gross income in the year of receipt the fair market value of goods   and services received in exchange for goods or services you provide or   may provide under the bartering arrangement. Generally, you report this income on Form 1040, Schedule C (PDF),   Profit or Loss from Business or Form 1040, Schedule C-EZ (PDF), Net   Profit from Business. If you failed to report this income, correct   your return by filing a Form 1040X (PDF). Refer to Topic 308 for   amended return information. So yes, the net value of bartered goods or services is most likely taxable. According to the Australian Tax Office: Barter transactions are assessable and deductible for income tax   purposes to the same extent as other cash or credit transactions. Her Majesty's Revenue and Customs states that: If you supply services or goods (new or second-hand) and receive other   goods or services in payment, there are two separate supplies: You must account for VAT, and so must your customer if they're   VAT-registered. The VAT treatment is the same as for part-exchanges.   You must both account for VAT on the amounts you would each have paid   for the goods or services if there had been no barter and they had   been paid for with money. Searching the website of the Federal Tax Service for the Russian/Cryllic word for barter (\u0431\u0430\u0440\u0442\u0435\u0440) doesn't yield any results, but that might be because even between Google Translate and the rest of the internet, I don't speak Russian. That being said, I did manage to find this (translated from the first full paragraph of the Russian, beginning with \"\"\u041d\u0430\u043b\u043e\u0433 \u043d\u0430 \u0434\u043e\u0445\u043e\u0434\u044b...\"\": The tax on personal income is paid by citizens of the Russian   Federation with all types of income received by them in the calendar   year, either in cash or in kind. Since bartering would probably qualify as an in kind transaction, it would likely be taxable.  The South African Revenue Service includes barter transactions in the supply of goods taxed under the VAT.  The term \u201csupply\u201d is defined very broadly and includes all forms of   supply and any derivative of the term, irrespective of where the   supply is effected. The term includes performance in terms of a sale,   rental agreement, instalment credit agreement or barter transaction. Look for section 3.6, Supply and Taxable Supply, found on p17 of the current version of the linked document.\""}
{"_id": "295155", "title": "", "text": "I would disagree with your analysis.  To me there are two purposes for a money market (MM): Your emergency fund should be from 3 to 6 months of expenses.  Think of it of an insurance policy against Murphy.  You may want to have some money designated for big expenses, or even sinking funds.  For example, I keep some money in a MM for a car as both the wife, daughter, and I driver older vehicles.  I may need to replace them. If you were planning on making a larger purchase car, house, boat, engagement ring I would put the money in a MM fund so you are not subject to the whims of the market.   After that you are free to invest all your money.  Its likely that you should have some money outside of tax advantaged funds so if you want to start a business you will not have to do high cost withdrawals."}
{"_id": "295159", "title": "", "text": "Your math is not wrong. That's why banks want these points. They did the same math too. There may be some immediate tax advantages for points though, in that case you can get return of your tax rate for the year of the points (which may make it worth it, if you don't want to keep the mortgage for more than, say, 10 years). Check here for details."}
{"_id": "295162", "title": "", "text": "Parc life is one of the finest and newly launched executive condo near mrt in Sembawang, Singapore. Our ec are specially designed to meet the needs and wants of modern families. Condo are surrounded with touch of nature and all the entertainment sources. Contact today!"}
{"_id": "295178", "title": "", "text": "I get that, but do boats depreciate at a much faster rate than a car, for any reason? That was the impression I got from your comment. Funnily enough, I was in a meeting today where someone said you have two happy days with a boat; the day you buy it, and the day you sell it. Hah.  Watching my dad, a boat seems like a complete pain in the ass as an investment. Far too much maintenance for the actual time you get to use it, and constant, regardless of whether or not you use it at all (unlike a car, which can sit in a garage without major issue for a certain amount of time), and then the mooring and gas are all costly, too. I just wanted the rationale behind a boat being a shitty investment, really."}
{"_id": "295184", "title": "", "text": "The $20k limit seems to be (from another answer) the threshold for GoFundMe to report the campaign. However, such a report does not change the taxability of the income. The income is either taxable or non-taxable regardless of whether the amount is $19,999 or $20,001. This is a common misconception, commonly seen when people think that income or gambling winnings are not taxable below $600, when in reality $600 is the threshold for issuing a Form 1099. Given that, it would be foolish to close a wildly successful (*) GoFundMe campaign, because closing the campaign won't change the taxability of the income. But it will probably cut off the continued donations you may have received. With the amount of money at stake, you should spend the couple hundred dollars to hire a CPA to look at your specific situation. Your uncle's comments are not specific to your situation at best, incorrect at worst, so don't hire him. (*) I don't know what the median GoFundMe campaign raises, but I strongly suspect it's well below the $20k/200 donor reporting limit. Just because you have one campaign that's gone viral enough to approach that limit, doesn't mean if you close that one and start a new one, that it will go viral again, especially if it's under a new username."}
{"_id": "295199", "title": "", "text": "\"IMO it's usually not worth it and here's why. There's a statistical distribution of how likely a unit may fail depending on its age. Probability is high for a short period after the unit comes into use because there are parts that were not thoroughly tested and manufacturing defects. Then all those defective parts fail and get replaces and the unit likely functions without faults for years. Then it reaches it lifetime end and again probability becomes much higher - parts wear out and start failing one by one. Every unit comes with a manufacturer warranty of one to two years already and that warranty will likely cover any defect causes by materials and manufacturing defects - the period when fault probability is initially high. \"\"Extended warranty\"\" only covers the unit for two-to-five years and most units have lifetime of about ten years. This means that the \"\"extended warranty\"\" is in effect when it is least useful.\""}
{"_id": "295203", "title": "", "text": "No. Current account is not a requirement. You can use savings account. You would need to pay taxes on interest. Savings account have limitation on number of withdrawal in a quarter, hence most sole proprietorship have current account."}
{"_id": "295210", "title": "", "text": "Is there more information that I could review and become more knowledgeable about this type of scam? In response to this, anytime anyone ask you to send money, for a bank password, bank account numbers, etc...  It is most likely a scam.   For more education this search turned up an number of excellent resources."}
{"_id": "295214", "title": "", "text": "Yeah but that wasn't the whole point behind his statement, which was offered in support of the notion that the low-height zoning was the reason for the housing shortage. The reason population density matters is that it's been necessary for Japan to build expensive, high rise housing that's earthquake resistant. Until recently, it would have been unnecessary to zone differently in New Zealand. The implication, I think, is that Japan didn't start building high rise housing until it became more cost prohibitive to build out than up.   I don't care about the matter at hand, but I felt a need to referee the fact that the rebuttal did, in fact, negate his point somewhat, and you just happened to pick the part of his point it didn't negate ;-)"}
{"_id": "295223", "title": "", "text": "What about Hulu?  The networks got scared and then freaked out when it turned out to be more than a small niche market that was interested in it. First they ordered new episodes be released on Hulu later and later to try and force people to watch them on TV. Then they took down older episodes to try and force people to buy DVD box sets.  And entire networks that were initially onboard with Hulu have done a re-think and pulled all their shows. Just because it's actually a popular platform. Which is, ironically, not what they wanted Hulu to be.  And going forward, the cable conglomerates are going to be even more powerful players with NBC and G4 (OK, who gives a shit about G4?) now owned by Comcast. Disney, which owns ABC and ESPN, makes a huge portion of their money from their cable and satellite TV businesses. Those guys will never, ever play ball with a pick 'n' play online TV distribution model along the lines of Steam. Not until cable and satellite are no longer profitable. And that is a long, long time away."}
{"_id": "295224", "title": "", "text": "Like I said - I can't directly comment on exec and partner salaries, as I'm not (yet) at those heights. (what is an Accenture Director/VP? Do you mean Senior Exec?)   But we weren't discussing where the better pay is - we were discussing IPOs and competition. I'm in the IT security &amp; risk management space and every second bid sees Accenture going up against Deloitte and IBM, and normally a few boutique firms.  Things may be different in both the pure management consulting space and the outsourcing/full service space, but in technology consulting there's certainly competition in a meaningful sense."}
{"_id": "295246", "title": "", "text": "First off, very sorry for your loss. I lost my father a few years ago and I know it can be tough.  My father also had a lot of credit card debt. They attempted to collect the debt from my mother, who was no longer on the account (for over a decade). It was just an attempt to recoup as much money as they could before dealing with a probate court.  As others have said, it depends on your state law. You will want to talk to a lawyer, figure out who is going to be the executor of the estate, and determine the next steps in starting to settle debts that your father had. If you want to take possession of the house, then you will likely need to work with the executor and perhaps purchase the house from the estate (which would then use the money to pay off debts)."}
{"_id": "295250", "title": "", "text": "set up a US company (WY is cheap and easy), go south and open a personal and business bank account, ask for the itin form. file for the itin. set up your EIN for the company. get a credit card for both. pay some mail forwarding service with it. file for taxes in the next year using your itin. prepaid cards do not link to your tax id"}
{"_id": "295258", "title": "", "text": "\"First, you mentioned your brother-in-law has \"\"$100,000 in stock options (fully vested)\"\". Do you mean his exercise cost would be $100,000, i.e. what he'd need to pay to buy the shares? If so, then what might be the estimated value of the shares acquired? Options having vested doesn't necessarily mean they possess value, merely that they may be exercised. Or did you mean the estimated intrinsic value of those options (estimated value less exercise cost) is $100,000? Speaking from my own experience, I'd like to address just the first part of your question: Have you treated this as you would a serious investment in any other company? That is, have you or your brother-in-law reviewed the company's financial statements for the last few years? Other than hearing from people with a vested interest (quite literally!) to pump up the stock with talk around the office, how do you know the company is: BTW, as an option holder only, your brother-in-law's rights to financial information may be limited. Will the company share these details anyway? Or, if he exercised at least one option to become a bona-fide shareholder, I believe he'd have rights to request the financial statements \u2013 but company bylaws vary, and different jurisdictions say different things about what can be restricted. Beyond the financial statements, here are some more things to consider: The worst-case risk you'd need to accept is zero liquidity and complete loss: If there's no eventual buy-out or IPO, the shares may (effectively) be worthless. Even if there is a private market, willing buyers may quickly dry up if company fortunes decline. Contrast this to public stock markets, where there's usually an opportunity to witness deterioration, exit at a loss, and preserve some capital. Of course, with great risk may come great reward. Do your own due diligence and convince yourself through a rigorous analysis \u2014 not hopes & dreams \u2014 that the investment might be worth the risk.\""}
{"_id": "295277", "title": "", "text": "&gt; It will have minimal effects on buy &amp; hold traders since they typically research for a long time, then buy &amp; hold stock for many months.  This is the part I never understand. If a short term tax doesn't affect buy &amp; hold traders, when why would HFT affect buy &amp; hold traders?"}
{"_id": "295281", "title": "", "text": "you need to use easy programming language to imply onto a scan  where you enter Scan all stocks  display if volume < (less than) 100"}
{"_id": "295294", "title": "", "text": "Those are some big aspirations while still in school and certainly are attainable :)  Here's a good [article](http://www.mergersandinquisitions.com/proprietary-trading-careers/) that will hopefully outline your expectations of prop trading. Hope this helps!  I've been trading currency for going on 4 years and have also been looking into prop trading. I studied finance and econ in college and currently work as a financial advisor for a small firm. I have a series 6 and 63. Currently working on my series 3 to seep my way into the field via a legitimate broker/dealer. If I had plenty of capital, I certainly would rather just be an independent trader."}
{"_id": "295295", "title": "", "text": "The momentum is there and seems unstoppable with the Europeans, US and Asian car makers going all electric and a stop to gasoline &amp; diesel fuel on the horizon.  Might be some fuel cell use (hydrogen) but generally electric is the way to go.  Enhanced battery tech investment needed badly.  Range is critical and removable and replaceable batteries the way to go too.  Pull into a garage and have your spent battery pack removed and replaced by a fully-charged pack.  Pay $3 and go on your way.  It's the way of the future."}
{"_id": "295302", "title": "", "text": "Thanks for the suggestion guys, but it won't make sense to only give the money to D. Cuz, if I don't give the money to B, why would he give me any further work. It was all cuz of him that I got work in the first place.  The job level and difficulty was pretty easy, I asked D and he was happy to do the work for $500."}
{"_id": "295309", "title": "", "text": "Some of the different types of workouts that are involved under the term cardio exercise general work out include riding a bicycle, jogging, diving, and by walking. Aerobic or CardioVascular general is the most essential type of work out when it comes to the ageing. There are many such workouts that an individual can perform and they all include the use of the feet which is the biggest muscle in the human whole body."}
{"_id": "295313", "title": "", "text": "Amazon Gold Ventures - Craig Thomas's Fc2 Blog  http://craigthomas.blog.fc2.com/   This group of mines are located in the catchment area of work Marmajito underground mine. They are operating the mines Naranjos, La Picuda and Las Brisas. The first two exploit the seam. Marmajito in its lateral extension and the third operates the hearts of the Grain C\u00f3rdoba. These mines are located in the hamlet Marmajito, south of town the municipality of Segovia.  MINE COORDINATES EAST AND COORDINATES NORTH  Los Naranjos 931,183.64 1'273,730.24 630 550 La Picuda 932,187.87 1'273,114.64 591 500 Las Brisas 930,845.26 1'273,260.24 690 570 The areas granted by the company Frontino Gold Mines in their respective operation contract are:  Los Naranjos: 9 Ha 1281.83 m2  The Picuda: 4 HA 7214.6 m2  Las Brisas: 4 Ha 629.46 m2  These areas are bounded by the following coordinates.  COORDINATE POINT AND COORDINATE N  1 931,173.71 1'273,700.46 2 931,411.94 1'273,827.48 3 931,422.51 1'274,039.10 4 931,092.60 1'274,126.60 COORDINATE E COORDINATE N 1 932,051.43 1'273,191.47 2 932,152.57 1'273,298.64 3 932,404.37 1'273,110.56 4 932,287.72 1'273,000.00 COORDINATE E COORDINATE N 1 930,607.24 1'273,363.31 2 930,814.27 1'273,375.04 3 930,869.35 1'273,219.11 4 930,670.89 1'273,143.91 Marmajito sector mines have operating agreement in effect with the Frontino Gold Mines Company, with a duration of three months, renewable. The areas are well located with respect to farm work today, the Naranjos except mine, which is advancing on a crusade to C\u00f3rdoba intercepting the vein out of the area. The mine La Picuda has a fixed lower boundary which is already below the lowest level on the contract, are advances are also side that fall outside the allocated area.  Topic:MY WORLD - Genre:Blog"}
{"_id": "295328", "title": "", "text": "\"To answer your question, specific to ATM usage: It is your money.  You can do with it as you wish, as long what you are doing with it is legal.  There is nothing illegal about taking money out of an ATM every day of the week. That said, there are some issues.  One you already mention being the typical daily limit of $300.  Another, is that these days most ATMs charge you for the transaction and many banks will also charge you for the transaction.  (That assumes that you are not using an ATM owned by your bank.)  These fees add up quite quickly.  Using the very typical $1.50/transaction (or $3/transaction total), you could make 8 transactions before the typical $25 wiring fee is more appropriate.  You should also not ignore the \"\"cost\"\" of the inconvenience of having to make so many transactions.  There is also the potential, however remote, that your bank may see it as suspicious activity and lead to the headaches you are trying to avoid by not wiring the money. If you don't have a checking account with that bank into which you could just transfer the money, online, by phone or whatever, I would simply jump through the required hoops.  Keep in mind that these hurdles are intended to protect your money.\""}
{"_id": "295336", "title": "", "text": "\"My roommate works for Regal as a theater manager so I think I can help here.   As a general rule of thumb for tracking performance, they use:  Concession sales divided by attendance (industry lingo is \"\"per cap\"\"). The higher the ratio, the better the theater did.    Most people don't know that theaters make most of their money off of concessions, not ticket sales. The majority of the money that you pay for the movie ticket is actually money that goes to Hollywood, etc.   Hope this helps! If you have more questions, let me know and I'll pick my roommate's brain.\""}
{"_id": "295342", "title": "", "text": "##Stuxnet Stuxnet is a malicious computer worm, first identified in 2010 but thought to be in development since at least 2005, that targets industrial computer systems and was responsible for causing substantial damage to Iran's nuclear program. Although neither country has admitted responsibility, the worm is now generally acknowledged to be a jointly built American-Israeli cyberweapon.  Stuxnet specifically targets programmable logic controllers (PLCs), which allow the automation of electromechanical processes such as those used to control machinery on factory assembly lines, amusement rides, or centrifuges for separating nuclear material. Exploiting four zero-day flaws, Stuxnet functions by targeting machines using the Microsoft Windows operating system and networks, then seeking out Siemens Step7 software.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"_id": "295344", "title": "", "text": "Trading at the start of the day is highest because of news flows that may have come after the close of the previous day.  And trading at the end of the day is highest because of expected news flows after closing hours. Moreover, there are many day traders who buy in the morning without making any payment for purchase and such traders have to sell by evening or else they will have to make the payment for the purchases which they have made."}
{"_id": "295345", "title": "", "text": "Working on existing accounts does look really easy. It takes a special type of person though, and getting those accounts in the first place does take some serious effort.  As an aside, one of the more interesting things I found about salespeople is that they are well compensated, but very stuck. They can move to competition, but changing industries or moving to another region is extremely difficult for them due to the highly networked nature of their business."}
{"_id": "295349", "title": "", "text": "Over the past few weeks, I\u2019ve been getting more and more pumped \u2014 because this weekend, I\u2019m going to meet 3,000 Empower Network Bad Asses in San Diego, CA to infiltrate the city and take over in a way ONLY Empower Network knows how to do."}
{"_id": "295355", "title": "", "text": "It is a legal issue for two reasons. In the United States if both names were on the title both people would have had to sign the paperwork in order to transfer the title. If the car was collateral for the loan, then the bank would have had to be involved in the transaction. The portion of the check need to repay the loan would have had to have been made out to the bank. If the car was sold to a dealership, then paperwork must have been forged. If the car was sold to a person then it is possible that they were too naive to know what paperwork was required, but it is likely still fraud. You need legal advice to protect your money, and your credit score. They should also be able to tell you who needs to be contacted: DMV, the police, the dealership, the bank."}
{"_id": "295384", "title": "", "text": "\"It depends on what kind of pension you get and your anticipated retirement income.  If you have one of those nice defined benefit plans that pays 90% of your last 5 years' average salary annually, you might not want to bother with a separate RRSP and put your money into other use instead. While most Canadians should worry about not having enough to retire on, some might end up with too much and costing them in the form current purchases and entitlements to government retirement benefits. Figuring out how much you need for retirement is not trivial either.  A lot of people talks about planning for needing 70% of what you made now as a way to preserve your lifestyle.  Well, my opinion is that those type of generalization might work for the people in the middle of the income band and is too little for those in the low-income and possibly too much for those with high income.  My own approach is estimate your retirement income requirement by listing out your anticipated expenses as if you were doing budget.  I would agree that's not the best approach either (back to my comment about no one size fits all), but it's one that I feel most comfortable with. Once you have that figure, factor in what you think you will get from the government (OAS, CPP and etc) and you will have the amount of money you need for retirement.  I will warn against using \"\"average life expectancy\"\" to forecast your retirement needs, 'cos 50% of the people will end up with extra money (not a bad problem) and the other 50% will run out of money (bad but very true problem) if you use that approach. Instead of going on and write an essay on this topic, I will simply say this - everyone's situation is different and, just like solving any other complex problems, you need to start with \"\"end\"\" in mind and work things backward, with a ton of different scenario to be able to cope with whatever curveballs life might throw at you.  If you spend enough time in the library/bookstore looking through books on the topic of \"\"estate planning\"\" and \"\"retirement planning\"\", you will find people arguing back and fro on these topics - this is a sign that this is complex and no one has the one \"\"good\"\" answer for.  Do a bit of reading by yourself and, if still unsure or just want to be sure, go spend the money and review your plan with a fee-only advisor.  They will be able to provide another opinion on your situation after thoroughly studying your situation.\""}
{"_id": "295407", "title": "", "text": "\"The IRS W-8BEN form (PDF link), titled \"\"Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding\"\", certifies that you are not an American for tax purposes, so they won't withhold tax on your U.S. income. You're also to use W-8BEN to identify your country of residence and corresponding tax identification number for tax treaty purposes.  For instance, if you live in the U.K., which has a tax treaty with the U.S., your W-8BEN would indicate to the U.S. that you are not an American, and that your U.S. income is to be taxed by the U.K. instead of tax withheld in the U.S. I've filled in that form a couple of times when opening stock trading accounts here in Canada.  It was requested by the broker because in all likelihood I'd end up purchasing U.S.-listed stocks that would pay dividends.  The W-8BEN is needed in order to reduce the U.S. withholding taxes on those dividends. So I would say that the ad revenue provider is requesting you file one so they don't need to withhold full U.S. taxes on your ad revenue. Detailed instructions on the W-8BEN form are also available from the IRS: Instruction W-8BEN (PDF link). On the subject of ad revenue, Google also has some information about W8-BEN: Why can't I submit a W8-BEN form as an individual?\""}
{"_id": "295435", "title": "", "text": "The schools you refer to used to be based in the US until businesses decided to go global for cheaper labor. After the dot Com bubble burst the US tech schools disappeared.    Those adventurous enough picked up and moved to places like India, Russia, China,  etc and built lucrative businesses."}
{"_id": "295440", "title": "", "text": "I believe temp agencies get a payout if the employer decides to hire on the temp full time usually. So it would be to prevent a temp from quitting and going to work for the employer as a way around that payment. The idea is to set a term long enough not to make it worthwhile for the employer to wait rather than paying the fee."}
{"_id": "295445", "title": "", "text": "Also important to keep in mind is the difference in liquidity. The stock could be very liquid in 1 exchange but not in another. When times get bad, liquidity could dry up 1 one exchange, which results in a trading discount."}
{"_id": "295454", "title": "", "text": "The big issue I have is that people seem so hellbent on using short term, unrelated, indicators to make their political decisions.  Not only is the President not King of Gas Prices, but daily/weekly/monthly fluctuations in a commodity price should be pretty unrelated to how you assess a platform, plan, vision, or leader, IMO."}
{"_id": "295465", "title": "", "text": "Any such number would depend on the country, the market, and the economic situation - especially inflation ratio. Generally, if you are not in a booming or a dying technology, getting a raise above the inflation ratio is 'good'; anything below is poor."}
{"_id": "295470", "title": "", "text": "After digging around a bit on sites like Foxwood's and Harrahs, it looks like you can't purchase casino chips with a credit card. You must use cash, an ATM, or an in-house credit mechanism such as a pre-purchased card with a line-of-credit (featuring hefty fees per transaction)."}
{"_id": "295494", "title": "", "text": "\"On the iOS Uber app right now, you can chose between \"\"Never\"\" and \"\"Always On\"\". Every time I use the Uber app I need to activate the option, then turn it off again after I'm done. It's quite annoying, considering most apps give you the \"\"When using app\"\" option instead of \"\"Always\"\".\""}
{"_id": "295495", "title": "", "text": "I doubt it.  Securitizations refer to deals that issue tranched bonds backed by a specific cash flow asset. That asset can be mortgages, credit cards, auto loans, syndicated loans, aircraft loans, trade finance...pretty much any type of loan.  - MBS refers to any securitization backed by mortgages. - CLO refers to any securitization backed by syndicated loans. - CMS refers to any securitization backed by commercial mortgage debt. - ABS refers to the rest (car loans, credit cards, airplanes, etc)  CDO refers to a securitization of other securitizations. The underlying securitizations could be MBS, CLO, CMS, ABS, whatever. Most common CDOs are securitizations of MBS or CLO, with the vast majority being MBS from the go-go years '05-'07. And don't even get me started on synthetic structures.  To my knowledge (and again I could be wrong here, please let me know if you've seen otherwise) the market for CDOs has been firmly dead since '07. ABS is still very active, although less than in the mid-oughts, and CLO is around still too. These two proved the best application of the concepts behind securitization: their underlying loans were truly diversified, so a general economic downturn hurt them less then the national collapse in the housing market. MBS issuance that does not involve Fannie/Freddie/Ginnie is rare but still exists. The lack of non-prime issuance of MBS is a huge reason for why the average American can't refi or take out a mortgage: there's no MBS issuance to package the loan into!  Edit: typos"}
{"_id": "295498", "title": "", "text": "It is unlikely that buying 100 shares will have any effect on a stock's price, unless the stock's average trading volume is incredibly low.  That being said, no matter how many share you buy, there's no way to know what the impact on the price will be, because that's only one factor in how shares are priced.  If anyone could figure out the answer to your question then they'd be extremely rich, because they'd simply watch for big share trades and then buy those stocks on the way up. The market makers who actually execute the trades are the ones who set the prices, and most stocks have multiple market makers trading the stock, so the bid/ask you see is the highest bid and lowest ask.  The market makers set the price based on what the trend of the stock is.  If, for instance, there's a large number of sell orders against a stock, the market makers will start dropping the bid prices as they fill execution orders, and as they see buy orders increase, they'll raise ask prices as they fill execution orders.  The market makers earn the difference between what they paid to buy someone's stock who was selling and what they get from someone else who buys it. This is a simplified explanation, so pro traders, don't beat me up! (grin) So, basically, it takes quite a bit of share volume in one direction or another to affect a stock's price.  I can guarantee a 100-share trade wouldn't even be noticed by market makers. I hope this helps. Good luck!"}
{"_id": "295507", "title": "", "text": "\"Those \"\"haters\"\" are trying to convince you away from making a poor investment. It would honestly be unethical for us not to. Tell you what. Meet with these people in real life. Take a tour of their current operations. Do your due diligence. Ask them hard questions.  Like.  Why they need to reach out to friends for investment, rather than a venture capitalist or a bank loan?   At worst they are lying and it is fraud. At best they are in over their head with bad business sense and you're about to get sucked into it.  Just because weed in general is going to take off, does not mean YOUR weed shop is going to take off.   Example: Smartphones have taken over the world. Microsoft recently axed its windows phone because it did not work out for them.  Your weed shop could be the iphone of weed. It also could be the windows phone of weed.   I know you've gone over how he has experienced high demand. There's a saying we like here: Past performance is not indicative of future results.   Its entirely possible a large retail chain (Amazon perhaps?) could enter the market and undercut you to the point that you are making a loss.\""}
{"_id": "295509", "title": "", "text": "This answer is assuming you're in the US, which apparently you're not. I doubt that the rules in the EU are significantly different, but I don't know for sure. In case of an IRS control, is it ok to say that I regularly connect   remotely to work from home although in the work contract it says I   must work at client's office? No. Are there any other ways I can prove that this deduction is valid? No. You can't prove something is valid when its not. You can only deduct home office expense if it is used exclusively for your business, and your bedroom obviously is not."}
{"_id": "295511", "title": "", "text": "When you buy a stock, the worst case scenario is that it drops to 0.  Therefore, the most you can lose when buying a stock is 100% of your investment. When you short a stock, however, there's no limit on how high the stock can go.  If you short a stock at 10, and it goes up to 30, then you've lost 200% on your investment.  Therefore shorting stocks is riskier than buying stocks, since you can lose more than 100% of your investment when shorting. because the price might go up, but it will never be as big of a change as a regular price drop i suppose... That is not true.  Stocks can sometimes go up significantly (50-100% or more) in a very short amount of time on a positive news release (such as an earnings or a buyout announcement).  A famous example occurred in 2008, when Volkswagen stock quintupled (went up 400%) in less than 2 days on some corporate news: Porsche, for some reason, wants to control Volkswagen, and by building up its stake has driven up the price. Hedge funds, figuring the share price would fall as soon as Porsche got control and stopped buying, sold a lot of VW shares short. Then last weekend, Porsche disclosed that it owned 42.6 percent of the stock and had acquired options for another 31.5 percent. It said it wanted to go to 75 percent. The result: instant short-squeeze. The German state of Lower Saxony owns a 20 percent stake in VW, which it said it would not sell. That left precious few shares available for anyone else. The shorts scrambled to cover, and the price leaped from about \u20ac200, or about $265, to above \u20ac1,000."}
{"_id": "295522", "title": "", "text": "I don't really see the big deal in taking the check. Fidelity will issue you a check, made payable to VANGUARD FBO [Your Name]. All you have to do is simply hand the check over to Vanguard to deposit into your new IRA. Simple and done. To answer your question: Whether or not a custodian, tpa, or recordkeeper will do a direct-deposit or transfer of your funds is completely at their discretion. My company rarely does direct transfers. We issue a check to you. It's just the way we do it. You can talk to Vanguard and see if they can initiate the direct transfer with Fidelity - but honestly, this may just delay getting your funds moved and you're going to end up with a check anyways. And if Vanguard does somehow convince Fidelity to do the wire transfer - there is still going to be a fee. Wires are expensive. Unless Vanguard is willing to pick up the wire fee for you (doubtful). Other's have also mentioned that TPA's will withhold a mandatory 20% federal tax withholding if they send you a check. This is only true if the check gets made payable in your name. But the taxes should not be withheld as long as the check is made payable to your new Vanguard IRA. So my final opinion: Just take the check and give it to your Vanguard rep. It's literally that simple."}
{"_id": "295524", "title": "", "text": "You would have sold at $10,000 or you\u2019d be an absolute moron  Edit: or when it dipped from $1k to $300 if you held through that you\u2019re either clinically tarded or forgot you owned it. Not even the creators held their bitcoins through this"}
{"_id": "295537", "title": "", "text": "It's interesting how ups doesn't seem to be having a problem (a private company).    It's more evidence that the government isn't really good at running anything.  It's partially because they don't have to worry about making a profit and since it's not their money (it's ours), piss it away.  If they can't even run something simple as the post office without nearly going out of business, healthcare is an impossibility."}
{"_id": "295544", "title": "", "text": "I know this may be difficult for you and like so many other people pointed out here, you either only read what you want or do not comprehend what you read.   I was specifically talking about MS the entire time, never said anything about the bakery you are referencing so once again you are making a moot point with your protected class information...I was talking about how the entire state was burned in Reddit when some bigoted business owners decided to not do business with LGBT people about 8 months ago.  Again, just because you think something should be some way, doesn't mean it is. Wish and hope all you want to but until the law says they are protected, they are not. So again, what paypal did is not different than what the businesses in ms did, but your type of people had the opposite reaction then than you do now and I was merely trying to point it out like almost everyone else you are arguing with in this thread has tried to but fell on deaf ears. They are the same but they do not match your opinion so you put up you blinders and shove your fingers in your ears while screaming like a child at anyone trying to point out a fallacy in your logic.   Also what does my politics have to do with this? I hate to burst your bubble but I'm not libertarian...regardless, it does not matter. You bring up politics as if it would effect me by you calling me libertarian...why? Just because my opinion is different you automatically call me out as [insert political party here] that does not agree with you to try and invalidate anything I'm saying.   Well, I'm done. It is pointless to try and tell you anything that differs from your opinion. I grow tired of telling you the same thing over and over again especially when you apparently do not read replies or skip over any part that you disagree with. Good luck with your line of thinking. Hopefully one day someone like PayPal does not block your business or a business you do business with because it differs from their opinion. Your opinion now aligns with theirs, but what happens next time it doesn't and they have the same kind of power. Let them do it once, next time you well not have a choice.  Don't worry about replying, I'm no longer interested in hearing your opinion as I have now made up my mind that you are small minded and lack basic thought required to see past your immediate fields of view.   They are burning someone else now, eventually they well burn you since you are so happy to let them do it too someone else. Don't make a stand now, they will not let you make a stand later."}
{"_id": "295553", "title": "", "text": "\"Yes, if we won't establish UBI then we can just redistribute wealth another way: by weird employment schemes like this. I have no problem taxing drivers a little extra in order to forcibly transfer some of that wealth to poorer folks by using \"\"jobs theater\"\".\""}
{"_id": "295562", "title": "", "text": "If she claims you as a dependant she may be able to claim your education expenses also and depending on tax bracket (hers and yours) they may be worth more to her than they are to you. Having her claim you may also affect your eligibility for financial aid however, if she has been claiming you so far with no negative effect on your eligibility then that may not matter next year either."}
{"_id": "295566", "title": "", "text": "A poorly written article (if you read it) that states that even though it added that many jobs, more were expected to be added. Also, people have started returning to looking for jobs so the unemployment rate got worse."}
{"_id": "295613", "title": "", "text": "&gt; To imply a grand conspiracy...  No conspiracy required.  All you have to agree with is that having money makes it easier to make money and society will sort itself into classes that become further apart and harder to move between.  &gt; How about it is hard work and good parenting?  Those are important but exist in both rich and poor areas and it is a simple fact that you would get further with hard work and good parenting in a rich area than in a poor one.  I think a good way to describe it is inequality of affluent opportunity and experience."}
{"_id": "295624", "title": "", "text": "This is an older question but I thought I'd give the correct response for anyone else that might look. Yes there definitely could be issues. You can form in friendly states such as Delaware and Nevada without having a physical location in the state but you can't run a business from another state without having to 'qualify' to do business in that State. To give a bit more clarification. Lets say you open a Delaware LLC.  But you answer the phone when it rings on your New York phone and money comes into your New York bank account and your suppliers and vendors all use your New York address to send invoices and correspondence. Well you can pretty much count that you fall into the definition of doing business in New York and expected to pay New York taxes and qualify to do business in the state. The solution would be to set up your business to truly 'operate' from the state you would rather be in."}
{"_id": "295630", "title": "", "text": "I tried to like /r/Anarchism, but the mentality portrayed there is that of a statist who is pissed that *they* aren't the dictator, and are willing to use violence and theft to achieve their goals.   Please shove /r/Anarchism up your ass, and visit /r/Anarcho_Capitalism to understand what the Non Aggression Principle is, and how to engage in voluntary transactions without duplicity or threats."}
{"_id": "295635", "title": "", "text": "Explain to me how the fact I will go to jail with a gun pointed to my head if I don't pay taxes which then go to pay off your debt simply because I worked hard to get a good job and pay off my debt is not stealing?  What the hell are you talking about - that is literally the definition of stealing - putting a gun to someone's head and taking their money.  If I graduated with a lot of debt (which I did) but couldn't pay it off I would take personal responsibility like an honest person and work hard to find a good job or live cheap to pay it off (like I did). This will also incentivize less people to get unnecessary degrees that don't have jobs available because they don't increase productivity/standard of livings for other people.  The reduction in demand also will force Colleges to cut costs and lower prices. A win win.  Stop thinking stealing from me to pay off your debt is moral just because you hire the Government to do it for you."}
{"_id": "295637", "title": "", "text": "Saving some money for the future is a good idea.  But how much to save is a tough question.  I retired with a small fraction of what the experts said I would need.  Three years later, I can confidently say I did not even need what I had saved."}
{"_id": "295643", "title": "", "text": "The DoD wants to cut some of those bases, it's the people in Washington who don't want this to happen. These bases bring in money to the communities of which they are a part of, even if they're unnecessary and sometimes a hindrance when thinking in terms of military strategy. So the legislative branch blocks the closures that the DoD want because if these bases did close, it'll hurt the communities within their districts, thus hurting their chances of re-election."}
{"_id": "295680", "title": "", "text": "&gt;How does a median salary affect me if I'm making X?  Everything isn't about you? Do statistics only matter when they correlate directly to you?  The reason that we have statistics is to give us a better picture of the overall situation using data, rather than anecdotes. You're being very reductive, which is fine, but I'm not sure what the point is in the Economics subreddit (which is primarily about statistical measurements of ecnoomic policies)"}
{"_id": "295681", "title": "", "text": "\"Why does it have to be a long shot?  We're pulling in the better part of $300k/yr on TIME TRACKING. Long shot? Methinks not. If you educate yourself about what people pay for, there's no reason it has to be a \"\"long shot\"\" to begin with.  I *hate* wasting my time for no reward.\""}
{"_id": "295687", "title": "", "text": "I'm sure there is a way to do this. You will almost certainly need a government issued picture ID to do this, though."}
{"_id": "295688", "title": "", "text": "\"There are actually a few questions you are asking here. I will try and address each individually. Down Payment What you put down can't really be quantified in a dollar amount here. $5k-$10k means nothing. If the house costs $20k then you're putting 50% down. What is relevant is the percent of the purchase price you're putting down.  That being said, if you go to purchase a property as an investment property (something you wont be moving into) then you are much more likely to be putting a down payment much closer to 20-25% of the purchase price. However, if you are capable of living in the property for a year (usually the limitation on federal loans) then you can pay much less. Around 3.5% has been my experience. The Process Your plan is sound but I would HIGHLY suggest looking into what it means to be a landlord. This is not a decision to be taken lightly. You need to know the tenant landlord laws in your city AND state. You need to call a tax consultant and speak to them about what you will be charging for rent, and how much you should withhold for taxes. You also should talk to them about what write offs are available for rental properties. \"\"Breaking Even\"\" with rent and a mortgage can also mean loss when tax time comes if you don't account for repairs made. Financing  Your first rental property is the hardest to get going (if you don't have experience as a landlord). Most lenders will allow you to use the potential income of a property to qualify for a loan once you have established yourself as a landlord. Prior to that though you need to have enough income to afford the mortgage on your own.  So, what that means is that qualifying for a loan is highly related to your debt to income ratio. If your properties are self sustaining and you still work 40 hours a week then your ability to qualify in the future shouldn't be all that impacted. If anything it shows that you are a responsible credit manager.  Conclusion I can't stress enough to do YOUR OWN research. Don't go off of what your friends are telling you. People exaggerate to make them seem like they are higher on the socioeconomic ladder then they really are. They also might have chicken little syndrome and try to discourage you from making a really great choice. I run into this all the time. People feel like they can't do something or they're to afraid so you shouldn't be able to either. If you need advice go to a professional or read a book. Good luck!\""}
{"_id": "295696", "title": "", "text": "&gt; First off, there's the literal secret - the special alloy of copper, tin, and silver that gives the Zildjian cymbals their world-renowned sound.  I'm curious - how could it still be such a secret? Couldn't you just, I dunno, buy one, melt it down, and test the alloy?  Alternatively it seems like it would be easy enough to do a few hundred tests to narrow in on the specific ratios. Not the kind of thing someone would do in their basement overnight, but easily the kind of thing someone could spend a few million bucks to pull off."}
{"_id": "295697", "title": "", "text": "Yeah, I can understand when someone is directly infringing on a company's works and they go after them, but sometimes in the business world you just have to scratch their head at their decisions.  They're so focused on controlling *everything* sometimes that they'll even damage their own business.  Good to see Lego understands that sometimes letting people in on the action is a good thing."}
{"_id": "295707", "title": "", "text": "\"Why must terms must be mutually exclusive?  This (false) dichotomy is what seems to cause the most debate.  It is the SINGLE EVENT OUTCOME that defines gambling. Gambling will involve an aleatory contract. That is, the outcome is specifically tied to a single event that determines profit/loss. This could be the outcome of a race or the roll of a dice, but should involve chance.  This is why gambling is often in the context of a game, but I would make the argument that some investment tools fall into this category - The price of a stock at a certain date, for example. This may also be called \"\"betting\"\", which opens up a whole other discussion. Investing has no such implication, and as such it is the broader term.  Investing is to put something (money) to work to return a profit. Some forms of gambling could fall under this umbrella. Some would say that is a \"\"bad investment\"\" and even if they are right, it may still be the desire and intent of the investor to make a profit.  Not all gambling falls under investing. You can gamble for pleasure.  The profit/loss of most investments are not contractually tied to a specific event or outcome (e.g. the price of a stock over 10 years is the result of many events affecting its market value). Such an investment would not be considered gambling.\""}
{"_id": "295735", "title": "", "text": "As an advertising slogan, it generally implies saving monthly into an investment account. If you do pay yourself first, basically making saving/investing part of your budget, the intent is that you won't get to the end of the month with nothing left to save, because you will have already done it."}
{"_id": "295738", "title": "", "text": "\"Financial statements provide a large amount of specialized, complex, information about the company. If you know how to process the statements, and can place the info they provide in context with other significant information you have about the market, then you will likely be able to make better decisions about the company. If you don't know how to process them, you're much more likely to obtain incomplete or misleading information, and end up making worse decisions than you would have before you started reading. You might, for example, figure out that the company is gaining significant debt, but might be missing significant information about new regulations which caused a one time larger than normal tax payment for all companies in the industry you're investing in, matching the debt increase. Or you might see a large litigation related spending, without knowing that it's lower than usual for the industry. It's a chicken-and-egg problem - if you know how to process them, and how to use the information, then you already have the answer to your question. I'd say, the more important question to ask is: \"\"Do I have the time and resources necessary to learn enough about how businesses run, and about the market I'm investing in, so that financial statements become useful to me?\"\" If you do have the time, and resources, do it, it's worth the trouble. I'd advise in starting at the industry/business end of things, though, and only switching to obtaining information from the financial statements once you already have a good idea what you'll be using it for.\""}
{"_id": "295740", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Reforming the National Flood Insurance Program: Toward Private Flood Insurance](https://www.reddit.com/r/Economics/comments/6z1nzm/reforming_the_national_flood_insurance_program/) on /r/Economics (created at 2017-09-09 17:24:46 by GatorD42)   ----    ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)"}
{"_id": "295750", "title": "", "text": "\"I know many people who would recommend joining a credit union. They're typically local and are not-for-profit entities (not non-profit like a charity). The \"\"customers\"\" are actually members who cooperatively provide financial services to the other members. Oftentimes if there's a surplus of profits at the end of the year, they divvy them up to the members based on how many accounts they have, what their balances are, loans, etc.\""}
{"_id": "295785", "title": "", "text": "What you said is technically correct. But the implication OP might get from that statement is wrong. If the Fed buys bonds and nominal yields go down (Sometimes they might even go up if it meant the market expected the Fed's actions to cause more inflation), inflation expectations don't go down unless real yields as measured by TIPs stay still."}
{"_id": "295786", "title": "", "text": "\"My prediction:  They are purposefully suppressing the price.  Chinese crypto-exchanges will be temporarily closed at the end of this month.  The Communist party leaders and PBoC insiders will have access to cheap bitcoin.  After they are sufficiently happy with their bitcoin acquisition, they release a new statement that says exchanges can re-open.  The supply has been significantly reduced because of insiders attaining bitcoin behind the scenes during the \"\"shut down\"\".  Because of the low supply, the price skyrockets to $10k.  They all make significant sums of money.  So do you want to be on the sidelines during this, or do you want to join in on the fun?  I know what I'll be doing :)\""}
{"_id": "295789", "title": "", "text": "&gt; walmart hires them because they have a low marginal utility undeserving of a higher wage. if they could get a higher wage somewhere else, they would.  It's this way for every region, right?  &gt;i'm mad at the government for giving them aid. i don't think i should have control over a private business. but im supposed to have control over my government.   ...  &gt;Wal-Mart is transferring the cost of labor onto the taxpayers.  You are your government, it's why you vote for representatives to be assigned. So you are mad at yourself for not ensuring the prosperity of your own government... Good commenting!"}
{"_id": "295792", "title": "", "text": "Such click baity article, even if essentially true.  People that job hop for more money are not only looking for more money, they must also be willing to keep learning and willing to accept more responsibility.   Good for them, but not all people want to take on more responsibility, or look for a new job when they like the one they've got."}
{"_id": "295793", "title": "", "text": "In short, no, or not retroactively. There really are multiple companies involved, each of which bills you separately for the services they provided. This can be partly avoided by selecting either a high-end health plan with lower out-of-pocket maximum, (costs more up front, of course) or by selecting a genuine Health Management Organization (not a PPO) which gathers more of the services into a single business. Either of these would result in fewer cash payments needing to be sent.  But I don't know of any way to simplify things after the fact. Even if there was a consolidation service, you would have to forward the bills to them, which really wouldn't be any easier than just paying the bills. (I'm assuming you are in the US, where we have a health insurance system rather than a health system. Other countries may handle this differently.)"}
{"_id": "295800", "title": "", "text": "&gt; The paper, which is yet to be published, found that a 10 percent increase in Airbnb listings can create an average 0.39 percent increase in rents and an average 0.64 percent increase in home prices, the Wall Street Journal reported.  In the long term, rents and property value go up at the same rate. So if they're saying that one is almost double the other, the margin of error here could be very large."}
{"_id": "295822", "title": "", "text": "Stripe Atlas helps with this. They form US companies for foreign solo entrepreneurs and get them US bank accounts. Another thing to remember with banks though, it doesn't matter what the compliance documents say, money talks. So your troubles will more likely stem from the amount of money you need to put in banks, more so than what the rules are."}
{"_id": "295828", "title": "", "text": "Registering it as an LLC turns it into a business, and will have to be maintained regardless of whether you do any actual business with it or not. Strictly speaking, it also doesn't necessarily grant you any specific protections against the use of the name. Small business names are notoriously hard to protect when they are active. If you aren't actually using it, a judge is more likely to not rule in your favor. A regular Trademark isn't what you're looking for either. That is more for business product line names and similar.  What you're looking for is a Registered Trademark (\u00ae), which is a federal legal designation disallowing other businesses from using your name or business branding. See [this article](http://smallbusiness.chron.com/differences-between-copyright-trademark-registration-780.html) for more information."}
{"_id": "295836", "title": "", "text": "Yep. I had been struggling for years with wearing out the elbows of my dress shirts. It turned out the real issue is I have long arms, which was causing the elbows to pull too tight. So now I order my shirts online, with an extra inch in the sleeves. It's a size I've never seen in a store, even though it's only an inch difference. Now my shirts last three times as long, and cost less."}
{"_id": "295843", "title": "", "text": "Done.  www.csmonitor.com/Commentary/Opinion/2013/0319/A-lesson-from-Iraq-war-How-to-outsource-war-to-private-contractors  Ten years after it began, the Iraq war might best be remembered as America\u2019s most privatized military engagement to date, with contractors hired by the Pentagon actually outnumbering troops on the ground at various points."}
{"_id": "295855", "title": "", "text": "I think our burgers are great. Easily competes with 5 Guys. Problem is our fries suck. Get a baked potato instead. Better for you anyway.   Old classics, Bourbon St. Steak, Bourbon St. Chicken &amp; Shrimp, Fiesta Lime Chicken, Oriental Chicken Salad.   And lastly, stop ordering Boneless Wings. They're NOT WINGS. They're popcorn chicken tossed in sauce. Biggest scam ever."}
{"_id": "295857", "title": "", "text": "Honestly, I\u2019m not sure I understand your point. The figures suggest to me that the business invests (higher capex and amortisation) and grows it\u2019s revenues and cash flow.  D&amp;A can be higher than new capex for a number of reasons including accelerated amortisation for tax purposes.  Why is D&amp;A contribution (actually i prefer to separate the concepts of P&amp;L and cash flow) to operating cash flow a problem or why does it evidence manipulation?"}
{"_id": "295861", "title": "", "text": "If you're able to pop this data into excel you can quickly calculate the solution. Every one of these problems boils down to 'Interest Rate', 'Term', 'Payment', 'Present Value', and 'Future Value' (FV will typically be zero). Excel has a formula to calculate any of these components based off of the other inputs.   In this case, the given information is: Interest Rate: 7.56%  Term: 36 Months Monthly PMT: $350 Present Value: ?   You can use the =PV() formula and input the other known values. One caveat is that you'll need to adjust the interest rate to account for the monthly compounding. So, the formula would be =PV(.0063,36,-350). This gives a result of $11,242, which is the amount you'd be able to borrow. [All of these can also be solved on the TI-84+, but I don't have my old calculator on me to walk through the steps]  To calculate the total interest paid, you would then find out how much you'll be paying over the life of the loan. If your monthly payment is $350 for 36 months, the total amount you'd pay is $12,600 ($350*36). Subtract the $11,242 calculated in step one, and you are left with $1,358 worth of interest.   Hope that makes sense. Let me know if you want me to go over any of the steps in more detail. As a former finance student, I would highly recommend locking down the TVM functions, as they will pop up quite often throughout your schooling/career.   Best of luck!"}
{"_id": "295864", "title": "", "text": "Royalty trusts track oil prices (they're a pure play on ownership of a portfolio of mineral rights and do not otherwise have the operations that the oil companies themselves have).  Many publicly traded ones listed at the embedded wikipedia link.   Oil tankers are having a bang up business right now as described in the article, but that's because of the low prices and flood of product from the middle east.  The article notes that inventories are near capacity, so terminals and pipelines may be in for a few good years, though these do not directly track oil price.  However, as a way to bet on oil or oil services, many terminals and pipelines are organized as publicly traded master limited partnerships or MLPs, often spun out of a major oil company for tax reasons, allowing fine-grained investment in specific assets."}
{"_id": "295878", "title": "", "text": "I feel like everyday the CEO's are making more. The parties are corrupt. Education is overpriced. Unions are too weak. And unemployment is too high.   I could not agree more!  But that's where it stops, everybody complains and says something. Words words and words. Your words don't create employment, they don't cut CEO pay, they don't reduce the costs of education, or push the corrupt out of government.  It's not because you have done nothing. But we must stay away from blanket terms. What companies are shipping jobs offshore? Who makes the decision?  Yes the government is corrupt, but who in government? Who decides the price of education? Who is better off from the higher prices?  What CEO's take home alot of pay and give no value back? who specifically is responsible for the writing and overall agenda at Fox? What companies don't allow people to unionize? What unions are corrupt?   Point the finger at specific people so that wean take them down! The government, economy, economy, rich, poor. These are not specific enough. You cannot rally for action behind these blanket terms.  You can only bitch and moan about them.  Redditors! Make a change, attack corruption, unfairness, ignorance, and lies directly. Behind everyone of these things is a person. And those people should be blamed!"}
{"_id": "295887", "title": "", "text": "My best answer is to simply fish out that old email account. DumbCoder makes a good point - the company whose shares you own can probably figure out what brokerage firm is holding the shares, but it'd take a lot on their end. Honestly you're better off just hitting up random brokerage firms until you find the right one than going to the company and asking them where your shares are. Good luck."}
{"_id": "295891", "title": "", "text": "Jannat Al Quran is an Islamic Online Institute registered in the UK. We believe that learning Quranic Arabic and Quran online with Tajweed can be interesting and enjoyable, even for children! Our vision is to avail effective learning through the dedication and teamwork of our highly qualified Egyptian Azhary teachers of Quran and Arabic. All teachers at the Institute are fluent speakers of English and Arabic. Our Online Quran courses will befit anyone\u2019s busy schedule. Please visit our website to know more about our Quran lessons and offers."}
{"_id": "295893", "title": "", "text": "Yes there is regulation in place see here Quote from the page Instant-access savings accounts   As with current accounts, if a bank is to reduce the interest rate on an instant-access savings account it generally has to give two months\u2019 notice. Other savings accounts   To change the interest rate on other savings   accounts, such as those with a notice period and cash ISAs, a bank   should give you reasonable notice that it intends to make a \u2018material   reduction\u2019. A reduction is consider to be \u2018material\u2019 if you have \u00a3500 or more in   your account and the interest rate falls by more than 0.25% at one   time or by 0.5% or more over 12 months. This should give you enough time to move your money to another   account, without penalty, if you are not happy with the reduced rate."}
{"_id": "295906", "title": "", "text": "\"Probably not, though there are a few things to be said for understanding what you are doing here.  Primerica acts as an independent financial services firm and thus has various partners that specialize in various financial instruments and thus there may exist other firms that Primerica doesn't use that could offer better products.  Now, how much do you want to value your time as it could take more than a few months to go through every possible insurance firm and broker to see what rate you could get for the specific insurance you want.  There is also the question of what constitutes best here.  Is it paying the minimal premiums before getting a payout?  That would be my interpretation though this requires some amazing guesswork to know when to start paying a policy to pay out so quickly that the insurance company takes a major loss on the policy. Similarly, there are thousands of mutual funds out there and it is incredibly difficult to determine which ones would be best for your situation.  How much risk do you want to take?  How often do you plan to add to it?  What kind of accounts are you using for these investments, e.g. IRAs or just regular taxable accounts?  Do tax implications of the investments matter? Thus, I'd likely want to suggest you consider this question: How much trust do you have that this company will work well for you in handling the duty of managing your investments and insurance needs?  If you trust them, then buy what they suggest.  If you don't, then buy somewhere else but be careful about what kind of price are you prepared to pay to find the mythical \"\"best\"\" as those usually only become clear in hindsight. When it comes to trusting a company in case, there are more than a few factors I'd likely use: Questions - How well do they answer your questions or concerns from your perspective?  Do you feel that these are being treated with respect or do you get the feeling they want to say, \"\"What the heck are you thinking for asking that?\"\" in a kind of conceited perspective. Structure of meeting - Do you like to have an agenda and things all planned out or are you more of the spontaneous, \"\"We'll figure it out\"\" kind of person?  This is about how well do they know you and set things up to suit you well. Tone of talk - Do you feel valued in having these conversations and working through various exercises with the representative?  This is kind of like 1 though it would include requests they have for you. Employee turnover - How long has this person been with Primerica?  Do they generally lose people frequently?  Are you OK with your file being passed around like a hot potato?  Not that it necessarily will but just consider the possibility here. Reputation can be a factor though I'd not really use it much as some people can find those bad apples that aren't there anymore and so it isn't an issue now.  In some ways you are interviewing them as much as they are interviewing you.  There are more than a few companies that want to get a piece of what you'll invest, buy, and use when it comes to financial products so it may be a good idea to shop around a little.\""}
{"_id": "295912", "title": "", "text": "My thoughts are that if you've seen considerable growth and the profit amassed would be one that makes sense, you would have to seriously consider selling NOW because it could take yeoman's time to mimic that profit in the next 10 quarters or so.  To analogize; If you bought a house for 100k and we're renting it for say 1,000/month and we're making $ 250/month profit and could sell it now for 125k, it would take you 100 months to recoup that $25k profit (or 8 years 4 months). Doesn't it make sense to sell now? You would have that profit NOW and could invest it somewhere else without losing that period of time, and TIME is the emphasis here."}
{"_id": "295932", "title": "", "text": "\"Yeah it is actually. Another, one of the more out there concepts is Jo and Joe.    The trend is sort of restructuring what we typically think of as traditional luxury services because younger travelers don't care so much about them, for example a bell boy.  Millennials travelers instead are looking for \"\"unmanufactured\"\" experiences, using airBNB, looking to be more immersed where they are traveling and traditional luxury hotel are beginning to feel to sterile. So millennial hotels are trying to manufacture spaces for unmanufactured experiences. Big common areas, where you can leave your stuff in the room, go down to the lobby, and drink at the bar that takes up 5x more lobby space than the front desk.\""}
{"_id": "295933", "title": "", "text": "Same - fields like accounting and law, where you have to track your hours and be productive in the time you actually bill clients for, are much more intense than people realize. I wish I had an office job where I could just twiddle my thumbs half the time and pretend to work."}
{"_id": "295941", "title": "", "text": "As far as I can see, it misses the most important point (from the perspective of a private person), for most derivatives: It's marketing.  There are a bunch of derivatives out there which are ONLY traded by (and actively marketed to) retail investors, no instutional investors or companies. They are complex and, in terms of the combination of risk and reward, inferior to plain-vanilla classic derivatives, which gives the bank a better margin..."}
{"_id": "295950", "title": "", "text": "&gt;That's only one of an array of factors.  yes, that's why I said that number *alone* is not indicative. Listing it as you did makes it sound like that ratio has some magical importance, but it does not. Granted lower might be better, but the current rate is not without precedent and has been followed by good economic times."}
{"_id": "295971", "title": "", "text": "From what I understand, Japan has a great consumer goods industry and a sealed off food industry (they do not import rice and I seriously doubt anyone can supply seafood in their domestic market cheaper than they can) so it could be that they don't even really need to import that much at all. At the end of the day, that stockpiled wealth is still wealth we don't have that the Japanese people can rely upon  I'm not talking about a voluntary financial constraint like the arbitrary 90% debt:gdp policy! I'm saying let's actually figure out a method for determining our constraints scientifically in real time, and adapt our policy accordingly!"}
{"_id": "295980", "title": "", "text": "Of course you can accept gold as payment.  Would anyone pay in gold? Would it have tax consequences on your federal taxes? These additional questions are off-topic on this site about personal finance."}
{"_id": "295987", "title": "", "text": "She's directly responsible for the several security breaches Yahoo had under her tenure, which there are probably lawsuits about. Those alone cost stockholders a good amount of value off the company, and Mayer had to give up a % of her compensation as a result."}
{"_id": "295988", "title": "", "text": "There's an economic reason you don't want to tax income differently than capital gains.  Capital gains are created by taking risk, and encouraging risk is encouraging entrepreneurial spirit, which as a country you want to inncentivize.  However, after a certain amount of money is made via capital gains the rate should approach income, but never equal it."}
{"_id": "295993", "title": "", "text": "ETFs are legally required to publicly disclose their positions at every point in time. The reason for this is that for an ETF to issue shares of ETF they do NOT take cash in exchange but underlying securities - this is called a creation unit. So people need to know which shares to deliver to the fund to get a share of ETF in exchange. This is never done by retail clients, however, but by nominated market makers. Retail persons will normally trade shares only in the secondary market (ie. on a stock exchange), which does not require new shares of the ETF to be issued. However, they do not normally make it easy to find this information in a digestible way, and each ETF does it their own way. So typically services that offer this information are payable (as somebody has to scrape the information from a variety of sources or incentivise ETF providers to send it to them). If you have access to a Bloomberg terminal, this information is available from there. Otherwise there are paid for services that offer it. Searching on Google for ETF constituent data, I found two companies that offer it: See if you can find what you need there. Good luck. (etfdb even has a stock exposure tool freely available that allows you to see which ETFs have large exposure to a stock of your choosing, see here: http://etfdb.com/tool/etf-stock-exposure-tool/). Since this data is in a table format you could easily download it automatically using table parsing tools for your chosen programming language. PS: Don't bother with underlying index constituents, they are NOT required to be made public and index providers will normally charge handsomely for this so normally only institutional investors will have this information."}
{"_id": "295999", "title": "", "text": "\"And you were criticizing me for making blanket, general statements...   Did you want to talk about something specific, or did you want to keep the discussion to the generalities like arguing about whether taxes are \"\"noble or ignoble\"\"?   If it is the latter, than I get the gist of what you are saying, but disagree with you. And I say this from a position of paying a lot more in taxes than I am betting you do, so it is not from a position of rhetoric but actuality.\""}
{"_id": "296004", "title": "", "text": "Charles Tyrwhitt is ok quality and cheap with quick turn around. If you're in the U.K. then T.M. Lewin.   Thomas Pink has some decent but overpriced shirts. Really only worth it if you need the athletic build cut."}
{"_id": "296006", "title": "", "text": "I'm a big believer in pulling the quarterly and or annual statements and deriving your own analysis.  The automated parsing systems at Google, Yahoo, and others are a good starting point and they'll let you generally compare various metrics of different companies or market segments.  With that in mind, there are any number of reasons Google's scripts could have broken out or combined a couple of cash flow line items.  If you're digging this deep in the weeds on this company you should pull the SEC filings and build out your own data."}
{"_id": "296028", "title": "", "text": "&gt; every instinct in my body is telling me that giving Washington another blank check is a really bad idea. In my minds eye I can see senators lining up with pet pork projects for their home states and it makes me physically sick to my stomach  I can sympathize with that, but there's no shortcut around the ongoing hard work of governance. Tying our own hands financially doesn't make for smarter government, just less capable and more likely to drown when the water rises."}
{"_id": "296033", "title": "", "text": "Of course, this is true as long as you ignore issues like New York policeman spiking their overtime by working as flagmen on construction projects.  And, of course, pensions are determined by the highest paid years, so it's a great double dip scam.  The unions have done a great job focusing anger on the banks, but the states and cities are going to keep going bankrupt."}
{"_id": "296042", "title": "", "text": "Poor Pakistan, still don't get it . . . Ok Sure the US will not forget, but the US will also not forget you have Nuclear weapons. Now the problem is this, that US is now completely under Zionist and Jewish control, the Jews control politics, religion and most importantly the Economy. You can have happy fucking Hanukah on the white house lawn but Christmas has to be happy holidays.  Now what ever else we know about the Jews, the one thing that holds true is they will never shut the fuck up, so long as a Muslim nation is in possession of a nuclear bomb. Their greatest fear is a nuclear of the Middle east, you see they like their enemies to be civilian and unarmed, preferably women and children cowering in the rubble of their bulldozed homes.   So what Pakistan needs to understand is that they will never do enough and can never do enough, because enough for the Jews means Pakistan should become another Palestine. So they will sell drones and weapons and technology to the Indians, bad mouth and run a proxy propaganda campaign and try to destabilize Pakistan till eventually they manage to get a weak corrupt civilian government in place that will give up nuclear weapons and then, its game over for the Pakistani people.  Had it not been for Iran not having nuclear weapons and Korea having nuclear weapons, the United states would have attacked Pakistan a long time ago.  For Pakistan, you have a decade at best, by that time you had better have ICBM tech."}
{"_id": "296057", "title": "", "text": "1,2,3 BHK apartments in Apple 7 have been designed keeping in mind the tastes of urban dwellers looking for complete privacy, well planned amenities, modern architectural designs and better living facilities. Complete with 100% power backup, cross ventilation, high speed elevators, scope for natural sunlight, 24x7 security, earthquake resistant building plans and more, these studio apartments offer premium living space in varying sizes. Along with plentiful vertical space and ample storage capacity, these apartments are a natural choice for small families and working couples alike. Styled to perfection in an innovative manner, these well-serviced studio apartments serve to be your luxurious address in Ghaziabad \u2013in more ways than one."}
{"_id": "296063", "title": "", "text": "Read books related to what you want to do post college. The degree is  probably one of the least important parts of it all. It's what everyone already has, knowledge people already know. Now start learning to be different and better."}
{"_id": "296075", "title": "", "text": "&gt; Netflix should start laying down infrastructure for their own internet  They could do that.  But it isn't their wheelhouse, any more than Walmart lays down their own freeway system.    &gt; If Comcast wants my steaming business offer a better service than Netflix.   Sure.  In the meantime, I don't see why Comcast must allow Netflix to use its fixed infrastructure.  &gt;You're right it is all business. Which is why we have a government and government regulations  That isn't *quite* how government regulation works.  &gt;The FCC is the government and should be protecting the citizens not the corporations.  Protecting the citizens from whom?  I mean, I can see that you want free shit, but - as you mentioned - *this is business.*"}
{"_id": "296095", "title": "", "text": "For anyone not into guns... trumps actually been *amazing* for gun *consumers.*  Everyone thought Hillary was going to get elected (and ban guns), so manufacturers over produced during the rush leading up to the elections...   then Trump surprised everyone and won, so they've been dumping inventory at crazy low prices.  So... if you have any interest at all in gun ownership, now is seriously the cheapest time you'll probably ever see."}
{"_id": "296098", "title": "", "text": "I'm not trying to sound mean here, because my intention is to encourage you to take the leap into entrepreneurship, but yes...your fear is completely irrational.    The reason you see and hear about those mega-lawsuits is because they are sensational and controversial.  They're actually pretty rare, and usually prohibitively costly to file.  No one's going to successfully get an attorney to try and collect on a large amount of amount of money that you don't have.  Most small business lawsuits are a result of either gross negligence on the business owners part (which would be justified) or terrible or misleading service (again justified).  If you're going to do honest business, take responsibility for the work done, and do your due diligence to manage what goes on in your four walls, you'll be fine.    Go for it...assuming you have a good business plan, and know what you're getting into.  Of course."}
{"_id": "296101", "title": "", "text": "\"&gt; Im genuinely enjoying the conversation and sorry about the name calling most of my political and economic debates happen with family where name calling is not only accepted but expected lol.  Same. We can't even talk about politics anymore because it became to contentious. It is a shame, since I do enjoy talking about it.   &gt; this link seems to contradict that statment.  From your source: \"\"Kellogg School assistant professor of strategy Craig Garthwaite and his coauthors find that when the population of uninsured Americans increases, hospitals end up bearing the cost by providing uncompensated care.\"\"  And also from your source: \"\"Most of it is in the form of Disproportionate Share Hospital (DSH) payments, which, according to federal law, are owed to any qualified hospital that serves a large number of Medicaid and uninsured patients.\"\"   So basically, just like I said - when an uninsured or underinsured person gets treated, but then doesn't pay, the Hospitals file a claim and seek reimbursement from Medicare / Medicaid to get some of that non-payment back. The only thing is, they only get a percent of the non-payment reimbursed. How do many of these hospitals deal with this? By jacking up prices in the hopes of getting a larger chunk of the *actual* cost reimbursed.   From your source:  \"\"\u201cThe DSH payments are less than the uncompensated care that\u2019s provided,\u201d explains Garthwaite.\"\"  &gt; This is dangerously false. The industry isnt known for underbidding and going over budget.   I think we are both looking at our respective industries through rose colored glass. I think we can agree that each of us can point out instances where industry and government have pooped the bed. You can probably spill out a dozen example of government wasted dollars, and I can tell you a dozen example of corporations that weren't efficient, that were slow, and that the government beat them at a task.   I think we are both right, and that both exist in a world where they can be inefficient and wasteful, and they can also be speedy and innovative. If you would like to see examples, I will share some.   What we haven't seen, is a world in which commercial runs it all and runs everything efficiently. We have seen places where government runs it all, and it went to hell in a handbasket - USSR, NK, East Germany are all prime examples. I actually lived in Germany when the wall came down, so I got to see what an isolationist, and a government only run program looks like firsthand.\""}
{"_id": "296123", "title": "", "text": "You need an accountant who will be on your side. Not someone who will help you just fill in forms correctly . Too many play it by the book. Expense as much as you can. Your balance sheet should be a list of what you have (assets), who owes you money and who you owe, and how much cash you have. Good luck!"}
{"_id": "296132", "title": "", "text": "\"What's missing is the semiconductors part of the story. In the 80s, Motorola had a strong position as CPU manufacturer, supplying, among others, the Commodore 64's processors. Had things gone their way, they might have ended up in a position of being key supplier in the age of the desktop PC.  Years later they pioneered Wireless USB technology, promising wireless data rates of 480 Mbps over distances of several meters. This also didn't take off, for various interesting reasons.  After that, the semiconductors division was spun out from Motorola, and is now known as Freescale. They still make processors, being a leading supplier of ARM-based microcontrollers, a platform that is shaping up to compete with Intel's processor platforms. They also make other cool stuff, so not all is lost.  It always bothers me when the semiconductors component is missing from a tech history story. Silicon Valley doesn't contain the word \"\"silicon\"\" because it was founded on software. Silicon started it all. Without hardware, software is nothing.\""}
{"_id": "296142", "title": "", "text": "How am I dodging them? I answered your question directly about the pace of change of technological progress. I said its not faster than the pace at which people can get retrained and reeducated. Do you want a direct reply or a reply in context? Yes, technological change is increasing. It always has been. So what? I put it in context for you in terms of automation and the whole debate about basic income."}
{"_id": "296146", "title": "", "text": "What's the future value of money given: M = initial investment   R = additional monthly investment   P = interest rate earned per month   t = number of months This is the result of 2 formulas.   1.  How much is the initial investment worth at the end + 2. How much are the additional contributions worth at the end. FutureValue[M] = M * (1+P)^t FutureValue[R] = annuity calculation = R*((1+P)^t-1)/P) So the future value of your initial investment with regular additions, all earning the same return monthly at the end of t months will be: M * (1+P)^t + R*((1+P)^t-1)/P)"}
{"_id": "296160", "title": "", "text": "Repaint has almost 10 years of experience in the commercial and residential painting services. They have earned a reputation of a top-rated exterior painting company in Montreal. They have all the skills, equipment, and experience to paint all types of exterior surfaces including brick, weatherboard, render, stucco, composite and meta"}
{"_id": "296163", "title": "", "text": "Yes, you will need to deposit the funds into your HSA, then withdraw them to reimburse yourself for the expenses. The tax deduction comes when you contribute (deposit) to your HSA.  If you do not deposit the money there, you will not be able to claim the deduction.  Your HSA provider reports the amount of your contributions to the IRS, so the amount you say you contribute to your HSA on your tax return has to match what your HSA provider reports. When you deposit the money to your HSA, you need to explicitly tell your provider that the contribution is for tax year 2014.  The reason is that you want to make sure that they report the amount of your 2014 contributions to the IRS correctly. After you've deposited the amount into your HSA, you can withdraw it to reimburse yourself for an eligible medical expense.  In order to be eligible, it needs to be an expense that was incurred while you had the HSA in place.  If you had your HSA account in place before you paid the expense, no problem.  But if you set up the HSA account after you paid for the expense, you might be out of luck. The distribution (withdrawal) will be a part of tax year 2015, and you'll see this amount included as part of the gross distributions on your 1099-SA form next year. When I first set up my HSA, I didn't have any extra money to fund the HSA, so I handled it just like you are talking about.  I would wait until I had a medical bill, then deposit the amount I needed into my HSA and withdraw it back out to pay the bill."}
{"_id": "296165", "title": "", "text": "\"Assuming the question is \"\"will they close it for inactivity (alone)\"\".. the answer is \"\"Nope\"\" ... unequivocally. Update: < My answer is geared to credit Cards issues by companies that deal in credit, not merchandise (i.e. store cards, retailer cards, etc).  Retailers (like Amazon, etc), want to sell goods and are in the credit card business to generate sales.  Banks and credit companies (about whom I am referring) make their money primarily on interest and secondarily on service charges (either point of use charged to the vendor that accepts payment, or fees charged to the user).> The only major issuer I will say that it might be possible is Discover, because I never kept a Discover card.  I also don't keep department store cards, which might possibly do this; but I do doubt it in either of those cases too. My answer is based on Having 2 AMEX cards (Optima and Blue) and multiple other Visa/MC's that I NEVER use... and most of these I have not for over 10+ years. Since I am also presuming that you are also not talking about an account that charges a yearly or other maintenance fee..  Why would they keep the account open with the overhead (statements and other mailings,etc)? Because you MIGHT use it.  You MIGHT not be able to pay it off each month.  Because you MIGHT end up paying thousands in interest over many years.  The pennies they pay for maintaining your account and sending you new cards with chip technology, etc.. are all worth the gamble of getting recouped from you!  This is why sales people waste their time with lots of people who will not buy their product, even though it costs them time and money to prospect.. because they MIGHT buy. Naturally, there are a multitude of reasons for canceling a card; but inactivity is not one.  I have no less than 10+ \"\"inactive\"\" cards, one that has a balance, and two I use \"\"infrequently\"\".  I really would not mind if they closed all those accounts.. but they won't ;) So enjoy your AMEX knowing that your Visa will be there when you need/want it.. The bank that issues your Visa is banking on it! (presuming you don't foul up financially) Cheers!\""}
{"_id": "296168", "title": "", "text": "Unfortunately many millenials are stuck in this housing catch 22 where (for various reasons) they can't save up enough money to buy a home and since so many of them can't buy homes, they have to rent, which raises rent prices, which makes it even more difficult to save up for a home."}
{"_id": "296177", "title": "", "text": "You're going to have a hard time finding a legit investment planner that is willing to do things like take short-term positions in shorts, etc for a small investor. Doing so would put them at risk of getting sued by you for mismanagement and losing their license or affiliation with industry associations."}
{"_id": "296214", "title": "", "text": "\"&gt; great news for consumers  ...for the moment. This behavior is designed to *drive competitors out of business*. Wait until the Amazon vertical-integration monopoly is complete; where not even the \"\"ghetto grocery store\"\" or gas-station 7-11 can operate without Bezos' back-end supply software and self-driving delivery fleet.  Get back to me about prices and \"\"small start-ups\"\" **then**.\""}
{"_id": "296228", "title": "", "text": "You never answered the question.  Now you are telling me all about the government, when the subject was big business being the good guy for doing work for the government, not @is the way the government spends on projects good\u201d.    I\u2019m glad you can obfuscate as all hell, but the question was real simple:  Do the businesses get paid for the work they do?"}
{"_id": "296231", "title": "", "text": "\"Past results are not a predictor of future results. There is no explicit upper bound on a market, and even if individual companies' values were remaining unchanged one would expect the market to drift upward in the long term. Plus, there's been some  shift from managing companies for dividends to managing stocks for growth, which will tend to increase the upward push. Trying to time the market -- to guess when it's going to move in any particular direction -- is usually closer to gambling than investing. The simplest answer remains a combination of buy-and-hold and dollar-cost averaging. Buy at a constant number of dollars per month (or whatever frequency you prefer), and you will automatically buy more when the stock/fund is lower, less when it is higher. That takes advantage of downturns as buying opportunities without missing out on possible gains at the other end. Personally, I add a bit of contrarian buying to that -- I increased my buying another notch or two while the market was depressed, since I had money I wouldn't need any time soon (buy and hold) and I was reasonably confident that enough of the market would come back strongly enough that I wasn't at significant risk of losing the investment. That's one of the things which causes me to be categorized as an \"\"aggressive investor\"\" even though I'm operating with a very vanilla mix of mutual funds and not attempting to micromanage my money. My goal is to have the money work for me, not vice versa.\""}
{"_id": "296245", "title": "", "text": "Since you asked about Apple, and I happen to have two positions -   This is what happened. I was long the $500, short the $600, in effect, betting Apple would recover from its drop from $700 down to $450 or so. Friday, my target was to hope that Apple remain above $600, but not really caring how much it went over. Now, post split, the magic number is $85.71. My account shows the adjusted option pricing, but doesn't yet show AAPL's new price."}
{"_id": "296281", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/Anarcho_Capitalism] [ELI5: why aren&amp;#x27;t there any real competitors to Google Fibre? \u2022 /r/business](http://np.reddit.com/r/Anarcho_Capitalism/comments/2epd8e/eli5_why_arent_there_any_real_competitors_to/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "296291", "title": "", "text": "Yeah the three companies they put weren't the best examples of market irrationality and there are better ones, but I think they were the biggest targets of a short news piece.    TSLA is arguably one of the prime examples.  I also listed CMG in my original statement but there are plenty more too that are continually pumped up for no good reason at all.    Amazon is actually beginning to make some big leaps and bounds.  I used to be a doubter (still don't invest in them or anything) but I do think Amazon has a bright future, barring the possibility of a gov't split up, but with how well the gov't has received Amazon so far, I don't see that as an issue for the near term, even though Amazon is getting to become quite a monopoly is many industries."}
{"_id": "296306", "title": "", "text": "It was the sole creditor we're trying to avoid here is what I meant to say, not the broker him/herself.  The reason a firm might extend their debt would be to extend their credit into monetary value, in the scenario I just discussed, and it would more often be the more well known firms that would be the most likely to provide a Bond-Money Supply--Think IBM Bonds, Google Bonds, Cheese Board Collective Bonds, Tesla Motor Bonds, GE Bonds, etc.  All these firms would find a way to apply their bond funds in a way that would expand their output and henceforth make repaying the bonds much more likely, just like a normal firm would today.  The only difference is that in the mean time, that bond becomes a monetary commodity which people can trade for goods and services until it is repaid. Once repaid/neutralized, people can see that the bond is worth using and the demand for that bond as money will increase, just like how the demand for money will increase and that prompts a normal central bank to print more money.  Which means, the firm is safe to take on stable debt again which people can reuse again.  The major difference here is that we have a money supply that you can choose to participate in or not, and it is up to the consumers of that currency how the money supply flows, as opposed to a central authority.  It does matter who's first in line to get the new money in any economy, and with multiple policies competing, power is less concentrated:  http://www.youtube.com/watch?v=hx16a72j__8"}
{"_id": "296340", "title": "", "text": "Capitalism assumes people are selfish?  Or it accounts for both sides?  Capitalism actually does none of the above.  Capitalism simply says that Capital is the means of trade and financial growth.  Pure Capitalism would mean that Capital is used for every transaction that can influence Trade and Growth.  That is impossible.  Capitalism neither adjusts for, nor makes rules about, whether people are Selfish, Selfless, or somewhere in-between.    Capitalism does promote Selfishness, but isn\u2019t based on Selfishness.  It is based on Capital.  To give Capitalism any other extraordinary properties is to fail to see it for what it is.  I\u2019ve been hearing people associate Capitalism as the cause for tons of modern things:  Roads, Medicine, even the Space Program.  But Capitalism didn\u2019t do any of those.  Where did this foolishness come from? People made Roads, Medicine, and the Space Program.  Capitalism was the market style they used, because it is the prevalent style in America.  But it is just a tool, a method, and not some gift of amazing abilities.  It simply makes Capital the standard for exchange and financial growth."}
{"_id": "296342", "title": "", "text": "Recurring deposit means you put aside a sum every month to go into your RD account. Fixed deposit means you put aside a lump sum to go into your FD account. If we take investing 12,000 for RD, means 1,000 a month, and 12,000 for FD, means putting in 12,000 straightaway, we will definitely earn more from FD. However, if you do not have a lot of capital at the start, an RD is a good way to start saving in a disciplined manner."}
{"_id": "296345", "title": "", "text": "\"From Rich Dad, Poor Dad. 3 Major Things: With rental real estate, in addition to mortgage interest, you also deduct property taxes, and must claim depreciation (cost of house / 27.5 years) Business Expenses. For example, buy a yacht and put it in a charter fleet. Deduct interest on the loan, depreciation of the asset, property taxes, upkeep of the boat. Your \"\"business\"\" earns profit from chartering the boat, which if I recall correctly is taxed at a lower rate. You get to go sailing for free. Then there was the concept of subdividing the businesses. If you own a restaurant, create another business to own the property, and the equipment used in the company. Then lease the equipment and rent the land to the restaurant. Now admittedly I thought this was like the Daylight Savings plan of tax avoidance, I mean now aren't you essentially having two companies paying half the taxes. I am sure there are well paid CPAs that make the math happen, perhaps using insurance plans.. Perhaps each business funds a \"\"whole life\"\" insurance account, and contributes vast amounts into that. Then you take a loan from your insurance account. Loans of course are not income, so not taxed. The third way is to create your own bank. Banks are required to have reserves of 9%. Meaning if I have $100 dollars, the FDIA allows me to loan $1,111. I then charge you 20% interest, or $222/yr. Now how much can I loan?  ...well you can see how profitable that is. Sure you pay taxes, but when you print your own money who cares? Most of this is just gleamed from books, and government publications, but that was my general understanding of it. Feel free to correct the finer points.\""}
{"_id": "296349", "title": "", "text": "In 1989 longtime casino developer Steve Wynn opened the Mirage, the city\u2019s first mega-resort. Over the next two decades the strip was transformed yet again: Old casinos were dynamited to make room for massive complexes taking their aesthetic cues from ancient Rome and Egypt, Paris, Venice, New York and other glamorous escapes. http://www.history.com/topics/las-vegas  In 1989, entrepreneur Steve Wynn changed the face of the Las Vegas gaming industry by opening up The Mirage, the Las Vegas Strip\u2019s first mega-casino resort. http://en.wikipedia.org/wiki/Las_Vegas  1980 total visitors: 11M  1989 total visitors: 18M  1997 total visitors: 30M  Last year: 38M http://www.lvcva.com/includes/content/images/media/docs/Historical-1970-to-2013.pdf  Vegas transformed itself in the 90's.  It is completely different, commercialized and not just a place to put down some bets.  This is pretty common knowledge. TIL Reddit is full of idiots."}
{"_id": "296354", "title": "", "text": "We've all seen Reddit do some amazing things. Is there a place that this can be cross-posted to? (I'm new, and using my phone). Somewhere that will get a little more front page attention than r/business    I'm thinking get Florida residents to know about this. Reddit has changed the votes of politicians, changed the minds of large companies (go daddy), and raised hundreds of thousands of dollars for pet causes out of sympathy. Surely we can help these folks. How hard can it be to get a small insurance company to lose its reputation and more importantly, a vast majority of its customers.  If you didn't read the whole article, read it. If you're not pissed, I'd be surprised. Let's do it for what's right, for the little guy, for books &gt; insurance companies. Help this family maintain what's theirs.   Upvote, x-post, share, and stop this injustice. Nothing is impossible."}
{"_id": "296355", "title": "", "text": "Fellow Torontonian here - I'm seeing the same things you're seeing, but what worries me the most is the sheer number of people I know in my professional circles who can't so much as use a wrench, and have no clue what extra surprises you might run into when owning, but are attracted by the low mortgage rates into buying 2-3 properties and using them as rental properties purely as an investment. It's not so bad for the detached homes (which tend to be bought up by developers/contractors), but the semidetached and condos are rife with this type of owner. They don't realize that being a landlord is _a job_: things break, you're responsible, and you definitely can't rely on your tenants always acting as reasonable, promptly-paying people.  I move to somewhere else in Toronto about once every 1.5 years, each time researching many units online, and seeing ~20 in person, and while there may be an increase in quality for the detached homes, every other type of rental property's quality is in steep decline as the market fills with all these non-expert, get-rich-quick types of owners."}
{"_id": "296365", "title": "", "text": "\"The second drop was part of the same event. The short-term resurgence is often called a \"\"dead cat bounce\"\". Mongus Pong's answer is a great answer, I'm going to approach from a more anecdotal POV. Think about the fear that was in the air in Fall 2008. From my recollection, that short-term stabilization came from the Fed, President, Congress, etc standing up and saying that the government would do everything in its power to maintain liquidity in the marketplace. So the fear of a broader collapse of investment banks (beyond Lehman Brothers, Merrill Lynch, etc) due to the Fed behaving as it did in 1929 was abated. By the time you got to Q1 of 2009, it became clear that business vaporized -- nothing was happening. No cars were selling, Christmas was dismal, vacations were cancelled. (example: I went on vacation to a fancy resort in December 2008 and paid $60/night for a $450/night room! The place was half empty.)\""}
{"_id": "296401", "title": "", "text": "Google Portfolio does the job: https://www.google.com/finance/portfolio You can add transaction data, view fundamentals and much more."}
{"_id": "296405", "title": "", "text": "\"Many employees don't contribute enough to maximize the match, so the cost to the employer is not the same.  Under the 50% of 6% strategy an employee contributing 5% would get a 2.5% match not a 3% and that saves the company 0.5%. @TTT provided an excellent link in the comments below to a study titled \"\"How much employer 401(k) matching contributions do employees leave on the table?\"\" performed by Financial Engines, an independent financial advisory service.  The information meaningful to this answer is on Page 5 (Page 7 of the PDF): 4,378,445 eligible employees were included in the study 1,077,775 of the eligible employees did not contribute enough for the full match; of them, 285,386 Received zero match funds 792,389 Received some match funds, but not the full match available So 792,389 or 18% of the employees studied contributed in to employer 401(k) plans but not enough to maximize their available match.\""}
{"_id": "296408", "title": "", "text": "As a follow-up, I was able to find a bank that gave me a loan. I just called several banks listed on Yelp, and one ended up working with me. It is also possible that the previous banks misunderstood me and assumed I was 1099 and not W2. I made it very clear to this guy that I was W2, and there was absolutely no problem. Also, it turned out the recruiter I work for has special paperwork their employees can give to lenders to verify W2 employment. So, I have been in my condo since January. And, the condo was a little under $250K. Anyway, I still think it's ABSOLUTELY RIDICULOUS that banks would not give a loan to a web developer who is in super high demand and making well over 100K/year -- even if I am 1099. I have never, ever in my life been late on a single payment for anything, and I have an 800 credit score. To even question that I could not make payments is ludicrous. Whenever I put my resume on monster.com (just one web site), I receive about 20 phone calls daily -- and I am not exaggerating even slightly."}
{"_id": "296411", "title": "", "text": "&gt;[**\u041c\u0435\u0433\u0430 \u0436\u0438\u0440\u043d\u044b\u0439 \u043a\u0440\u0430\u043d, \u0434\u043e 10000 \u0441\u0430\u0442\u043e\u0448 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u043d\u0430 20 \u043c\u0438\u043d\u0443\u0442!\u0411\u0443\u0434\u044c \u043f\u0435\u0440\u0432\u044b\u043c, \u043d\u0435 \u0443\u043f\u0443\u0441\u0442\u0438 \u0432\u043e\u0437\u043c\u043e\u0436\u043d\u043e\u0441\u0442\u044c \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c! [1:45]**](http://youtu.be/faveO0oz7bQ)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0412\u0435\u043a\u0442\u043e\u0440 ^\u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^8 ^views ^since ^Jun ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "296420", "title": "", "text": "It depends a lot on your investment period and the quality of the bonds that you want to invest. For example, if you want to invest until the maturity of the bonds, and the bonds are very safe (i.e. they are not expected to default), it does not matter that the interest rate rise. That is because at the maturity of the bond it will converge to its maturity value which will be independent of the change of the interest rates (although on the middle of the life the price of the bond will go down, but the coupon should remain constant -unless is a floating coupon bond-). An option could be to invest in an ETF with short term bonds (e.g. 1 year) with AAA credit rating (high quality, so very low default rate). It won't yield much, but is more than 0% if you hold it until maturity."}
{"_id": "296426", "title": "", "text": "It's important to remember that upward trending things spend the vast majority of their time at all time highs - intelligent, well meaning people have been regularly saying the Dow Jones has been too expensive since about 2010, often because it was now at 'all time highs':   Sitting on the sidelines can end up just as expensive (if not more so) than avoiding big drops. If you are worried about a large down swing straight after investing just drip it in over a period you feel comfortable with - no one can really answer this better than that without more info on your risk tolerance and exactly what you want to invest in.  Worth noting that buying anything other than transaction free funds when split into small transactions also adds a lot more fees (~\u00a310 entry and exit in a UK ISA for example). Split these over 12 months say, and it will cost you \u00a3240 straight out of the gate (2 fund purchases per month for 12 months @\u00a310 each) and another \u00a3240 to exit before any holding fees from the ISA platform: that's over 1% of your capital gone just to your stockbroker employing this strategy.  Both the products you mention are also quite high cost in ongoing charges, so unless you have very high convictions about the management quality, will also probably lag cheaper investment types over the long run as well due to the dire performance of virtually all higher cost, active management over time."}
{"_id": "296442", "title": "", "text": "\"I assume the devs who created the options didn't think about it much and/or wanted to make the API flexible. Only later did a project manager come by and say, \"\"We should block Apps from limiting options like that\"\", which is what they did in the upcoming iOS.\""}
{"_id": "296475", "title": "", "text": "No, you cannot.  The cash settlement period will lock up your cash depending on the product you trade. Three business days for stocks, 1 business day for options, and you would need waaaaaay more than $5,000 to trade futures."}
{"_id": "296513", "title": "", "text": "DynaTimber is a leading Online Timber Manufacturer. Australian supplier of quality Treated Pine Fencing and Landscaping products including Dyna Sustainably Harvested Resource and Dyna Durable Outdoor Products. For more products, please download our DynaTimber Brochure, DynaTimber Terms of Trade and download CCA Treated Timber."}
{"_id": "296515", "title": "", "text": "\"I've opted out of those machines every time. I fly frequently. With mmj that I have shown documents for (out of oak/sfo). And never gotten bothered or patted down in any awkward way, ever. They tell you what they are doing: \"\"ok now I'm going to pay your back..\"\" reddit is full of shit.\""}
{"_id": "296516", "title": "", "text": "If the market has not crashed but you know it will, sell short or buy puts.  If the market has crashed, buy equities while they are cheap. If you don't know if or when it will crash hold a diversified portfolio including stocks, bonds, real estate, and alternatives (gold, etc)."}
{"_id": "296528", "title": "", "text": "Yes it is legal, in fact according to statistics.gov.uk, foreign investors are the largest holders of UK shares (as of 2008). Investors from outside the UK owned 41.5 per cent of shares listed on the London Stock Exchange at the end of 2008, up from 40.0 per cent at end of 2006, according to the latest Office for National Statistics report on share ownership."}
{"_id": "296554", "title": "", "text": "&gt; Hoarding more wealth is the solution?  To protect yourself from the coming financial apocalypse, yes.   &gt; Deregulation?  Absolutely deregulate. These regulators keep bailing out banks with taxpayer money... not a very smart move, and not good for the average Joes.  &gt; Starve people till the market corrects itself?  No, bro. The regulators are doing that. Hoarding wealth prevents one from starving, because they have enough funds saved up to buy food."}
{"_id": "296567", "title": "", "text": "\"While it's definitely possible (and likely?) that a diversified portfolio generates higher returns than the S&P 500, that's not the main reason why you diversify. Diversification reduces risk.  Modern portfolio theory suggests that you should maximize return while reducing risk, instead of blindly chasing the highest returns. Think about it this way--say the average return is 11% for large cap US stocks (the S&P 500), and it's 10% for a diversified portfolio (say, 6-8 asset classes). The large cap only portfolio has a 10% chance of losing 30% in a given year, while the diversified portfolio has a 1% chance of losing 30% in a year. For the vast majority of investors, it's worth the 1% annual gap in expected return to greatly reduce their risk exposure. Of course, I just made those numbers up. Read what finance professors have written for the \"\"data and proof\"\". But modern portfolio theory is believed by a lot of investors and other finance experts. There are a ton of studies (and therefore data) on MPT--including many that contradict it.\""}
{"_id": "296569", "title": "", "text": "Decadence and egotism at it's finest. You feel like you're entitled to a Mustang on a trip you're not even paying for and get all salty when you get a Kia instead? I know a lot of Americans are out of touch with reality but you're apathy toward other people is shocking. Your unabashed greed and selfishness is not justified by a bad childhood. The majority of the world's population lives agricultural lifestyles from the cradle to the grave, with most of those people still working their land by hand."}
{"_id": "296571", "title": "", "text": "\"It's likely impossible to determine why premiums are increasing in a meaningful way; not only is the interrelationship between the various data points very complex, but some of the increases are likely due to decisions by people who do not and will not publicly post what they decided and why. However, it is possible to compare health insurance premium increases over time to see if the increases in employer-sponsored health insurance premiums are comparable or not to the pre-ACA timeframe. Since the ACA phased in over a few years, we can compare the period 2008-2010 \"\"pre-ACA\"\" and 2013-2015 \"\"post-ACA\"\", ignoring 2011-2012 as being unclearly affected by the ACA phase-in.  For this, I will look at single coverage premiums only for the purpose of simplifying the analysis. I found a good table of 2008-2010 premiums from the NCSL; they list the following: Kaiser Permanente had a good list for 2013-2015 here: From 2008-2010, the average growth was around 6% per year.  From 2013-2015, the growth averaged about 3%.  In both of these cases we are comparing total premiums (sum of employer and employee contributions). So, from a data-driven look, it seems that the premium growth is lower post-ACA than pre-ACA, so it's unlikely that the ACA could be accused of causing increased premium growth.  Of course, this is US-wide average, and on a state-by-state basis there may well be significant differences that may or may not be related to the ACA. One thing that is covered on the NCSL page linked above that is interesting: while the premium growth has slowed significantly (about 50% of the growth pre-ACA), health insurance premiums are a higher proportion of employee's wages, and that growth is continuing - because wage growth has not kept pace with inflation post-2008 recession.  Employee contributions also may be higher post-recession; many companies reduced their contribution percentage (as my then employer did, for example).   Finally, increases in the ACA plans are also commonly overstated.  They largely are in line with employer plans or even less.   In 2015, premiums were basically flat, decreasing slightly in fact - see the KFF analysis here.  2016 saw a 3.6% by this methodology (see the 2016 analysis).   It's very easy to cherrypick examples that are favorable to any interpretation from the data, though; there are such big swings as a result of the different conditions in the marketplaces that it's easy to pick a few that have high swings and claim the ACA has massive premium increases, or pick a few that have low swings and claim it's reducing costs.\""}
{"_id": "296572", "title": "", "text": "Try asking in r/entrepreneur my friend did a pop-up fashion store to test the water before opening one full time. It was for 3-4 weeks each time and did really well.  The store was in between long term leases and my friend was able to get a good deal on it.   An escape room would have much higher setup costs and would need to be open longer term to make a decent return. Depends how easily you can setup and promote."}
{"_id": "296583", "title": "", "text": "A guy who does a sports talk show here in the US can be pretty smart about some things.  His advice:  If you are wondering if something is a good idea, say it out loud.  In his book he cites the fact that people thought, at one time, it would be a good idea to allow smoking on airline flights.  Keep in mind you are using liquid oxygen, news paper, and are 10,000+ feet up in the air.  Say it like that and you hit yourself in the forehead. Read the title of your question in a day or two, and you can answer it yourself with a resounding NO."}
{"_id": "296591", "title": "", "text": "Let's think like a real estate developer. First you need to check with the zoning commission the restrictions for the area. Let's say that the plot is actually suitable for 10 homes. You buy the land. You also need to finance the build itself. If you don't have enough cash you need to acquire financing from banks and perhaps from other sources as well, because banks won't loan you the entire amount.  Next you need to divide the plot into 10 pieces, making sure that each piece has driveway access to the street and plan access to utilities (water/sewer/electricity/broadband/phone lines). Plan the size and position of each house. Get building approval. This is a process that can take some time, especially if they have follow-up questions. Get a builder to build the houses, including ground work and preparation for utilities. Get approval for the finished houses. A building inspector will check that the houses follow the permission and all laws and regulations that apply. This step can entail time and added cost.  Get a real estate agent to sell the new homes. Often, the selling process starts in the planning phase and early buyers are able to influence both the layout of the house and the finish. Your cost estimate included a profit of 140k for each house. From that a builder needs to subtract financing costs, real estate agent costs, any costs that you forgot to factor in, budget overdrafts, contingency costs, and salaries for your staff and yourself. I estimate the project time to 1.5-2 years. So, we have an $8M project with a gross profit of $1.4M (not including all costs). Net profit probably just a few hundred thousand. Or less.  Real estate developers with local knowledge would be able to make a much more accurate estimate on both time and cost. My guess is that they have, and since the plot hasn't sold in a while, either the price is at the upper end of what makes a profitable project or there are other restrictions that limit the number/size of homes that can be built on it."}
{"_id": "296607", "title": "", "text": "To add to @bstpierre's answer, you should automate all your loans except for the one with the highest interest rate.  Leave that one manual, and pay the most you can afford each month, to pay it off as quickly as possible.  Once you finish that loan, move to the next highest interest rate.  Ultimately, this won't be quite as convenient as just having 1 loan.  The differences are: You need to set up all the automatic payments.  This is probably comparable to in complexity of consolidating your loans. Each time you finish one loan, you need to turn off an automatic payment, and start doing the next loan manually. If you organize yourself well initially, you'll know exactly what order to do the loans in, so this shouldn't take too long. However, unless your consolidated loan has the same interest rate of your cheapest current loan, you will likely save money over-all by using this method."}
{"_id": "296612", "title": "", "text": "If (and only if) there is a zero interest installment plan available, technically the only uncontrollable risk is that there will likely be a hard inquiry on your credit report which may or may not also have a corresponding debt obligation attached to it. (Personally, I recently signed up for one such plan with Google and I had a hard inquiry but no debt added to my report). The other risks are that 1) your monthly payment goes up, so if you are living on a tight budget the added payment might make it harder to meet your next bill, and 2) you could miss a payment which generally triggers interest to accrue retroactively at a high rate, and in some cases could be grounds for immediate repayment. The pro / reward of these plans is that you have to spend less of your capital upfront, which you may be able to use for other purposes (presumably with a higher net present value than purchasing the item you're considering outright). A larger example would be purchasing a new car. You want to buy a $50k car and you have the cash on hand to pay in full, but you are being offered 0% interest for 36 months. You may be more inclined to take a loan at 0% with 0 down payment and invest your money in another vehicle (no pun intended) that offers you a decent rate of return and you will come out ahead in the end. Of course, this example works in a perfect world where you can get such an offer, there are no extra fees available, you aren't worrying about your debt-to-income ratio in preparation for a big purchase like a house, there isn't a higher insurance premium to consider, etc. In short, 0% financing, be it for a phone or a car, can be a nice perk for the informed consumer who is not using the financing as a way to purchase outside their financial means, but it is offered by companies as a way to make people buy things they normally would not and, hopefully, capitalize on people missing payments in order to reap the sweet 20%+ interest rates generally seen with these offers.  In your specific situation with the phone, you should consider if you get a discount on your monthly plan for purchasing outright, or if you can get the phone subsidized if you sign a contract (and you know you like your provider enough to stay for its duration). If the monthly plan rate stays the same and you're looking at either $500 now or $500 over 24 months and you don't mind a hard inquiry, there's not much of compelling reason to pass on the financing and hold on to your $500."}
{"_id": "296625", "title": "", "text": "It was comparing against the same period in 2011 you fucking moron. I mean seriously, it's in the second paragraph.  I'll give you some advice I got as a child. If you don't know what you're talking about, then shut the fuck up.  edit: Downvotes...Was it not comparing against the same period in 2011, you fucking morons? Don't blame the one who points out your asstardery."}
{"_id": "296638", "title": "", "text": "And when there's nowhere left to flee?  What if it's not a foreign state but just 200 guys that roam town to town shaking down people? Too many for your militia to take without heavy casualties. What if they straight up enslave you to work fields for them? Are you not making a general assumption that people aren't bastards with this philosophy?  These power structures exist for a reason; even isolated farms will form tribes eventually...   All you're doing is begging for the return of the feudal where a single actor has a monopoly on everyone else's safety with few checks and balances."}
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{"_id": "296674", "title": "", "text": "Banks have electronic money counters so the order really doesn't matter. When I make a cash deposit that's large, I usually just put it in an envelope and hand it over."}
{"_id": "296688", "title": "", "text": "In 20 years who will give a shit, what seems important now is Morgan &amp; Stanley's repeated buy calls for an obliviously failing economy, that is plagued by deep defaults and half baked Central Bank decisions more targeted towards political win points than economic stability and growth.  It is obvious Morgan is getting a little shrill, whats the exposure and whens the Margin calls sweetums? cause nobody is buying  and you are stuck with it"}
{"_id": "296690", "title": "", "text": "You already did the leg work by putting your money in a Schwab account. They have some of the lowest fees on index funds you can buy. I would keep things dead simple. Decide if you want some of it to be an IRA or not, and then plow your funds into a broad stock only index fund such as SCHB, SCHX, or SCHV (you could buy all three, but there would be no need to whatsoever). You will get around 2-2.5 % dividend yield, be diversified, and have extreme low fees. Fees are key to getting good returns in funds. Of course..set tax money aside as well."}
{"_id": "296699", "title": "", "text": "\"not all employers went through that. much of that is often inherited. and otherwise, thats a terrible way of reasoning, you should seek to make the path of those who follow you easier than it was when you had the same. the \"\"i got mine\"\" mentality is a plague.\""}
{"_id": "296717", "title": "", "text": "\"Having a separate checking account for the business makes sense. It simplifies documenting your income/expenses. You can \"\"explain\"\" every dollar entering and exiting the account without having to remember that some of them were for non-business items. My credit union allowed me to have a 2nd checking account and allowed me to put whatever I wanted as the name on the check. I think this looked a little better than having my name on the check. I don't see the need for a separate checking account for investing. The money can be kept in a separate savings account that has no fees, and can even earn a little interest. Unless you are doing a lot of investment transactions a month this has worked for me. I fund IRAs and 529 plans this way. We get paychecks 4-5 times a month, but send money to each of the funds once a month. You will need a business account if the number of transactions becomes large. If you deposit dozens of checks every time you go to the bank, the bank will want to move you to a business account.\""}
{"_id": "296718", "title": "", "text": "You mean sites like prosper.com? I see that they are growing but is this really substainable when the novely wears off?  Also I find the low volatility claim interesting since I thought low vol portfolios would be a hard sell. How have you experienced this?"}
{"_id": "296725", "title": "", "text": "That all depends on you. The cheaper places are certainly going to cost less, but when it comes to comparing value that is a subjective decision that only you can make. Maybe the more expensive one has an easier to user website, friendlier customer service, or something else you value enough to pay more for trades."}
{"_id": "296727", "title": "", "text": "\"This is a legal business concept, as long as you don't misrepresent the source material.  If you want to rebrand the items, you'll  need a contract with the manufacturer.  I would contact the sales dept at the manufacturer, and see if you can become a reseller/partner (many companies have \"\"certification\"\" programs, where you will gain cheaper prices for  products if you undergo training on them) or even sign a rebranding deal.  Ask for a reselling discount on the trains/accessories (20% isn't unreasonable in software- I'm not sure about the model industry), then buy from the manufacturer instead of the store.  Hope it works out for you!\""}
{"_id": "296732", "title": "", "text": "The comparison with tulip mania shows a wilful ignorance of what bitcoin is. Scarcity is one of the things that makes bitcoin good, sure, but it's not the only thing. Could you have transfered millions of dollars worth of tulips around the world in minutes, securely and for pennies on the dollar?   &gt;In bitcoin\u2019s case, Dimon said he\u2019s skeptical authorities will allow a currency to exist without state oversight  *Allow* Bitcoin to exist? Authorities don't get say whether Bitcoin is *allowed* to exist or not. You'd think the CEO of one of the largest banks in the world would know that.   &gt;\u201cIf you were in Venezuela or Ecuador or North Korea or a bunch of parts like that  Bitcoin is outperforming a lot of currencies, not just in Venezuela, Ecuador or North Korea.  &gt; if you were a drug dealer, a murderer, stuff like that, you are better off doing it in bitcoin than U.S. dollars,\u201d  Why would Bitcoin be better for *only* those things? He's trying to smear Bitcoin as being only used for illegal activities and that is simply not the case. Besides, the reason that people *do* use it for those things is due to the inherent privacy aspects of Bitcoin (though not perfectly private, they're still useful)."}
{"_id": "296734", "title": "", "text": "\"It's been a while but I've worked with a few Indians in the past.  One guy was a manager - very smart and a great guy but he micro-managed his people to death - literally checking on them multiple times an hour throughout the day.  Several Americans that worked for him quit because they couldn't take it anymore although the liked him personally.    Then I went to another place that used several H1B programmers and DBAs.  I had to manage a few of them and learned quickly why he worked the way he did.  They were all smart and hard workers but I would give the Indian workers a general task to accomplish and they would always enthusiastically say yes and disappear into their cubicles to work.  I would swing by a few hours later (expecting things to be moving along or done) and would often find that if they had hit a snag, they would stop, sit, and wait for someone to come check on them for further direction.  If they did in fact complete the task, they would still just sit there and wait for me to come check on them to tell me they were done.  It was really crazy.  I also found that even if they had no idea what I wanted, they would say \"\"yes\"\" and go back to their desk, so I had to start having them give me an overview of what they would do to solve the problem before I let them go off and start working.    I assume it's a cultural thing but it drove me nuts until I learned how to keep them moving.    TL;DR: Managing them was like herding cats.\""}
{"_id": "296736", "title": "", "text": "How in the hell can they put a positive spin on this? 1.  Consumers cars were materially modified without their consent.  2.  They were modified in such a way that indicates they may have previously been sold cars governed for marketing reasons, not engineering reasons.   Tesla is another Uber- just waiting on the horrific ethics and working conditions stories to happen."}
{"_id": "296747", "title": "", "text": "Well without Cisco's products you can not connect to internet at first place. I can tomorrow found a site like FB by jacking its script but in no way I can produce anything Cisco produces.  I understand that it is expected growth rate is two times higher than Cisco but so is its p/e and its risk. When I was in high school there was a site called myspace which nobody remembers today."}
{"_id": "296750", "title": "", "text": "\"Buried on the IRS web site is the \"\"Fillable Forms Error Search Tool\"\". Rather than including an explanation of errors in the rejection email itself, you're expected to copy and paste the error email into this form, which gives more details about what's wrong. (Don't blame me; I didn't design it.) If I copy your error message in, here's the response I get: There is an error with the \u201cprimary taxpayer\u2019s Date of Birth\u201d in Step 2 Section 4.  The date of birth that was entered does not match IRS records. Make sure you enter the correct birth date, in the correct format, in the correct space. Scroll down, and enter the current date (\u201cToday\u2019s date\u201d).  Today\u2019s date is the day you intend to e-file the return again. Also, if you are making an electronic payment you must re-date that section. E-File your return. You say that you've already checked your birthday, so I don't know as this is particularly helpful. If you're confident that it's correct and in the right place, I think your next step needs to be contacting the IRS directly. They have a link at the bottom of the error lookup response on how to contact them specifically about their solution not working, or you could try contacting your local IRS office or giving them a call.\""}
{"_id": "296751", "title": "", "text": "We've expanded in our current location several times.   We started with just 33 stations, this past Friday we had 80 people in the store playing.   If you mean franchising, that's such a huge risk and it rarely works out the way you'd expect it to. I'd be more interested in consulting and if needed being on site to help with certain things but I haven't had anyone offer to pay me yet, at least none that have actually paid me."}
{"_id": "296760", "title": "", "text": "\"all skilled jobs  Lots of service jobs, tech included, can be learned via internship, apprenticeship, trade programs, etc. Development usually requires more training as you said.   \"\"most vulnerable\"\"  I absolutely agree that the most vulnerable never have it easy.\""}
{"_id": "296769", "title": "", "text": "I usually get a cashiers check to cover about 90% - 95% of the expected amount (whatever I think is just below my wet-dream-price), and bring the rest in cash. That doesn't require so much cash to be carried. Alternatively you can write a personal check for the exact reminder, or go to the bank for the reminder after the deal is made - with the majority already paid in a cashiers check nobody would disagree."}
{"_id": "296771", "title": "", "text": "I agree with what you're saying, that people aren't completely rational.  But to build an entire system on their irrationality is ludicrous... At some point, they figure it out.  This is exactly how things change and change dramatically.    &gt; They are far too worried about the day-in day-out running of their business to spend their time day-dreaming of how to hide away all of their money once they become rich.  Yeah, but if they don't think they're going to get rich, they'll simply stop minding the day-to-day.  I would, and if they figure out that they're going to be patsies to be sacrificed at the altar of wealth redistribution, they're going to stop.    Already, people are awaking to the fact that college educations do not bring them prosperity."}
{"_id": "296772", "title": "", "text": "Mervis Diamond hosted a Spring Bling wedding band trunk show at all of its locations and   emphasized the fact that the event caters to all kinds of couples, straight and same-sex. A lot of members of the gay community attended that event. Some couples bought rings but more importantly, people remembered it for years. In Spring Bling show many guests were welcomed to attend and shop for any occasion-a birthday, anniversary or graduation."}
{"_id": "296776", "title": "", "text": "No need for Fabozzi yet. His stuff gets cover in plenty of college textbooks, old and new.   Keep browsing /r/finance, /r/personalfinance, and /r/investing and you'll find the usual recommendations.  Here's goldman sach's recommended reading list: http://www.stat.unc.edu/faculty/cji/890-11/Goldman-Sachs-Suggested-Reading-List.pdf  No need to read it all. Follow your interests."}
{"_id": "296781", "title": "", "text": "the government wants to tax your money before you die. If you die your 401(k) becomes part of your estate and will not be taxed to as great an extent."}
{"_id": "296785", "title": "", "text": "\"You left out Koch, Exxon, BP, Monsanto, Comcast, FOX, and many other fat corporations and family members who have been \"\"elected\"\" by simply having near monopolies.  [Further embedding plutocracy](http://billmoyers.com/2014/08/14/a-study-in-plutocracy-rich-americans-wield-political-influence-the-rest-of-us-dont/) is not the answer.  As for voter opinion and democracy, money buys more than last second ads.  It gets you media talking heads pushing your spin.  It gets you [faux educational \"\"think tanks\"\"](http://www.desmogblog.com/2013/12/09/stink-tanks-historical-records-reveal-state-policy-network-created-alec) and [manipulating media by holding the purse strings](https://www.reddit.com/r/politics/comments/1ercj1/pbs_killed_wisconsin_uprising_documentary_citizen/), including censorship.\""}
{"_id": "296793", "title": "", "text": "You aren't a web developer are you? On OSX my user agent is  &gt;Mozilla/5.0 (Macintosh; Intel Mac OS X 10_7_4) AppleWebKit/536.5 (KHTML, like Gecko) Chrome/19.0.1084.56 Safari/536.5  ...in Windows it is  &gt;Mozilla/5.0 (Windows NT 6.1; WOW64) AppleWebKit/536.5 (KHTML, like Gecko) Chrome/19.0.1084.56 Safari/536.5  You can clearly pick out the OS from the user agent."}
{"_id": "296798", "title": "", "text": "\"You seem pretty on the ball with corporate men's fashion so question: do guys in the US ever use silk knots?  I know they are used in Europe as a more casual replacement for cuff links, but I've noticed that their free inclusion with shirts makes certain people think of them as cheap.  I quite like them, and they may be a less \"\"pretentious\"\" look for an intern (or maybe not).\""}
{"_id": "296799", "title": "", "text": "\"You got some answers that essentially inform you that CEOs that have \u00a3200k written on their paysheet may in fact get much more. I'll take the opposite point of view and talk about people who (according to whatever definition) have a \u00a3200k/year income.  How can they afford it Guess no 1: not all of them can (in the sense that it is quite possible to end up with negative net worth at \u00a3200k/year income - particularly if you immediately want to show off with brand new luxury cars, luxury holidays and a large house in a very representative region).  Guess no 2: not all of the \u00a3200k/year CEOs are equally visible. There is a trade-off between going for wealth, large house, and luxury car. I deliberately ordered the three points according to increased display of \"\"wealth\"\". However, display of wealth usually comes at a cost (in a very monetary sense). And there are ways to get much display without having much wealth (see below: lease the car, also the mortgage on the house usually isn't displayed on the outside).   You also need to take into account how long they are already building up wealth. I guess the typical CEO with \u00a3200k/year you're asking about did not just finish school and enter his work life in this position. It would be very interesting to see how income, accumulating wealth (and possibly \"\"displayed wealth\"\") correlate. My guess is that the correlation between income and accumulated wealth isn't that high, and the correlation between displayed and actual wealth is probably even lower. they possess luxury cars, large house and huge savings Are you sure these are the same managers? E.g. the ones with the huge savings  are and the ones with the luxury cars? I'm asking particularly about the luxury cars, because such cars loose value very quickly and/or are often not owned by the driver but rather by the bank or leasing company. Which on the other hand offers the more savings-oriented CEO who is not that much interested in having a brand new luxury car the possibility to go for a one-year-old and save the rest. Knowing that, your CEO should be able to buy a one-year-old Mercedes SL 350 / year. Or a new one every 1 1/2 years (without building up savings or buying a house). However, building up wealth will be much faster with the CEO going for the one-year-old as the brand-new car option amounts to loosing ca. \u00a320 - 30k within a year. An even-more-savings-oriented CEO who keeps his existing Mercedes 300 TD for another few years, thinking that this conservative choice of car will be trust-inspiring to the customers. Or goes for the SLK thinking that most people anyways don't know that the K between SL and SLK halves the price...  However, if you just want to be seen with the car: after an initial payment of say \u00a38-10k, you can get a decent SLK 350 (not the base model, either) at a monthly rate of ca. 600\u00a3/month or less than \u00a37k/year. Note however, that this money does not count towards any kind of wealth, it's just renting a nice car.  In other words: If driving the SLK 350 is your absolute goal, you could in theory have that with a net salary of \u00a325k/year (according to your tax calculation, that should be somewhere around \u00a335k / year gross), if you have the savings for the initial payment (being able to make the initial payment may also help convincin the leasing company that you're serious about it and able to pay your rates).   There are also huge differences in value between large houses, compare e.g. these 2: And, last but not least, there is a decided one-way component in the timing of priorities here: it is much easier to go and get a luxury car when you have savings than first going for the luxury car and then trying to make up with the savings...    I forgot to answer the question in the caption of your question: How do I build wealth By going on to live as if your income were only \u00a350k (as far as that is compatible with your job) - I gather the median gross income in the UK is about \u00a330k, so aiming at \u00a350k leaves you a very comfortable budget for luxury spending.  If you want to build up wealth faster, adjust that. In general, if you can manage to withhold much of any income increase from spending, that will help (trivial but powerful truth). From the leasing calculation you can conclude that you basically have no chance to show off your wealth by luxury cars. That is, you'd need to go for luxury cars that are completely incompatible with with building if you want to show your built up wealth by the car: there are too many people who even destroy their existing wealth in order to display luxury.  At least if anyone is around who has either a correct idea what luxury cars cost (or don't cost) or will look that up in the internet. Also, people who know such things may also have the idea that the probability that such a car was downright paid (wealth) is small compared to the probability of meeting a  leased or (mortgaged) car. Which means, the plan to show off doesn't work out that well with the people you'd want to impress. As for the other people: just a bit of display you can get far cheaper: If you really want to drive the SLK, rent it for an occasion (weekend) rather than for years. I met a sales manager who told me which rental cars they get when important customers from far east are visiting. The rest of the year they drive normal business cars. You may want to choose a rental company that doesn't write their name on the license plate. Apply the same ideas to the decision of buying a house. Think about what you want for yourself, and then look where you can get how much of that for how much money. Oh, and by the way: if I understand correctly, the average UK CEO wage is  \u00a3120k, not \u00a3200k.\""}
{"_id": "296808", "title": "", "text": "\"&gt; Oh, I've gotten the \"\"massive upside\"\" in writing - you get 10,000 shares of this thing!  Don't ask for 10,000 shares. Ask for $10,000. Or $100,000. Or whatever you think is a fair payment for the time you invest. You could even pull a cash figure from the income projection in the business plan you asked to see. You did ask for that, right? As well as the resumes from the founders and the name of the VC company so that you can check them out?  &gt; The fact that it's a pretty sophisticated game is not always obvious,   It isn't sophisticated at all. It's very, very simple. IF you're asked to work below your market rate, you're an **investor**. You're investing time, and you need to see it paid back in the form of money. You need to be sure to get a contract that covers your investment, so that even if the company tanks you can still get paid. Or at the very least, you can sue the VC company for your back pay.  If you're new to it, you need to ask for advice from someone who isn't. This isn't rocket science, guys.\""}
{"_id": "296809", "title": "", "text": "The Globe and Mail has an interesting article on what you can do with your RRSPs. Be aware that the article is from early 2011 and rules change. They describe holding your own mortgage inside your RRSP. That is, if you have $100,000 inside your RRSP already and your remaining mortgage is $100,000, you can use that money to pay off your mortgage, then pay back the money at interest, generating a tax-deferred profit inside your RRSP. That approach may be viable, though you'd want to talk to your accountant first. I'd be very cautious about loaning money to someone else for a second mortgage using my RRSP, though. Second mortgages are inherently risky, so this is a very speculative investment. Once you make an RRSP contribution, that space is used up (barring a couple of exceptions such as the life-long learning plan). So, let's say you used $100,000 of your RRSP to loan to someone for a second mortgage. Any interest payments should be sheltered inside the RRSP (substantial benefit), but if the person defaults on the second mortgage (which you should expect to be a significant possibility), you've lost your entire $100,000 contribution room (as well as, obviously, the $100,000 that you loaned out). I can't tell you whether or not it makes sense to invest in risky second-mortgage loans and I can't tell you whether, if you choose to do so, it definitely should be done inside an RRSP. There are substantial risks in the loan and there are both costs and benefits to doing so inside an RRSP. Hopefully, though, I've helped you understand the questions you should be asking yourself."}
{"_id": "296814", "title": "", "text": "Are you aware of how not environmentally friendly it is to make the batteries?  Plus, there are already so many other options. Chevy Bolt, BMW i3, Focus Electric, Hyundai IONIQ, Soul EV, Mitsubishi i-MiEV, Nissan Leaf, VW e-Golf to name a few."}
{"_id": "296817", "title": "", "text": "Let's go ahead and walk through the other solutions while were at it! It's been a few years since finance class in college  Skip #30 since it's basically the same Q   EDIT: #28: did I do this right - PV(.0635, 7, -10,000) = 55,135  31  - not sure how to solve for monthly payments in excel"}
{"_id": "296840", "title": "", "text": "I would address only the work-related issues with him. Not everyone is going to personally like you, and vice versa. If he doesn't wish to socialize with you, he doesn't have to.  When addressing the work-related issues, do not be accusatory. Consider the two questions below and how each would make you feel if they were asked of you.  Hey $Boss, why didn't you invite me to $meeting?  Hey $Boss, I noticed that I wasn't invited to $meeting. It seemed like something which would have been relevant to my work, so I wondered why I didn't get an invite."}
{"_id": "296844", "title": "", "text": "\"If we are only talking about a few extra months between jobs which is quite common now then how do you get to \"\"living beyond their means\"\"?  Either they have unemployment insurance or they don't.  It sounds like you don't like unemployment insurance.  So go bring that to a vote.  So far the majority of people want unemployment insurance in place because they see greater economic benefit in providing this service.\""}
{"_id": "296859", "title": "", "text": "Half of original MSRP at Amazon is a good option for books that are in good condition.  Another option would be to use eBay, specifically Half.com."}
{"_id": "296870", "title": "", "text": "\"Currency Trading For Dummies, no offense. The \"\"For Dummies\"\" series is well known for its expertise in every field one can imagine. That said, what prompts you to want to get into this? The average person is very likely to lose money as the long time experts walk away winners. Do you have an urge to trade commodity futures? I sure don't.  While I offer the book as a guide, the real answer is \"\"you shouldn't.\"\"\""}
{"_id": "296902", "title": "", "text": "\"&gt; Is a guy stabing a Muslim because he thinks he defends his country a terror attack ? What about a Muslim stabing a guy because he thinks they destroy his culture ? To me both are acts of terror !  Well, the only question is about \"\"cause and effect\"\" and quantity.   Do you think a rightwing would attack Muslims if they did not attack westerners? Do you think rightwing attacks are more than Muslim attacks? Are they even 1% of all attacks and harm?  **What would happen if Muslims would never get attacked in Germany, even if they attack Germans?** (Check history books for the answer.)  &gt; E.g. i have nothing against refugees BUT they making terrorist attacks rape our women and are highly unhygienic by shitting in the streets\"\" That is a 1a grade hate speech and pretty much your opinion as far as understood you.   Who said I have nothing against refugees?   Of course I am against accepting \"\"refugees\"\": hardly any of the \"\"refugees\"\" are from the Syrian war. Almost all of them are economic migrants from mostly countries which are not Syria. Accepting refugees hurt them more than help, because instead of trying to fight their oppressors or try to improve their situation in their location, they take the easy choice of running away and making the situation even worst in their homeland. You never heard about foreign aid? You need to take people into your country instead of aiding them in their country?  Note: if tomorrow, a catastrophe happens in Chile or Italy or Kenya, I will be glad to take as many of them into Germany because, for sure, they will try and succeed to integrate into the German society, customs and way of life. No chance they will start terror attacks against Germans and Sharia courts.  &gt; Please try to see that such things are damaging to the society and lead to mobs with pitchforks trying to restore \"\"order\"\".  Prevention is the best medicine! Why, to begin with, cause damage to society and many problems by accepting ill-fit immigrants?  **You are the one that is not open minded!** You see all the problems, caused only by refugees, and you want more refugees. Sorry to say that, but you are brainwashed.  Please reply, I asked several times:  &gt; I say \"\"terrorist attacks are carried out by Muslims\"\" ... **Do you think I think all Muslims are terrorists?**\""}
{"_id": "296906", "title": "", "text": "I'm going to take a different path than the other answers: Given how low interest rates are (depending on your credit), buying a house may be a great strategy.  However, I would not put more than 20% down.  Putting more than 20% down unnecessarily ties up cash that could be used more productively elsewhere. You need to figure out your cash flow situation both for the near term, and for the long term. For the short term, you probably won't need to help your kids with tuition.  They will likely be able to get a combination of grants, scholarships, and loans that will cover the cost.  However, the loans are generally not low interest, and that is a huge amount of debt for someone so young.  If you want to help pay your kids tuition, you should at least guestimate/budget that amount now. For the long term, without any retirement savings, you may be hurting in a couple decades.  Since you also don't have a home, your living situation may be a problem.  Buying a home today may be the prudent move, because that will hopefully be an appreciating asset, and, with a 30 year mortgage, you'll own it outright by 75, which takes a big strain off of retirement costs. $1400 a month in bills (apart from rent/mortgage) with no kids in the house (is this correct?) sounds high.  I would also recommend looking at your basic expenses and seeing what you can do without if you are cash strapped."}
{"_id": "296913", "title": "", "text": "From what I see, it is more like .70 per contract, with a $1 minimum (for options that trade over a dime.)   IB does not provide any help, at all, so you have to know what you are doing.  I use tradeking, which charges about $6 for a contract, but you can call them for help if needed. There looks to be other fees for IB, like when you cancel an order, but that can be offset by other trades. It is one of the reason the Motley Fool Stock Adviser service has recommended IB for an investment."}
{"_id": "296916", "title": "", "text": "Holy fuck how do you not understand that the government is responsible for the tax code, and all the changes to the tax code, and therefore wholly responsible for incorporating any changes that corporations ask for?   Goddamn you have to be retarded to try to exonerate the government and blame corporations for something corporations have no power over."}
{"_id": "296923", "title": "", "text": "If you live in a country that taxes interest, and if this is a significant amount of money in a high interest account then the tax forms will serve as a reminder. Even though the advice is to forget about the money, so that you don't dip into it for trivial things; you do need to look at it every so often to make sure it is still in a high interest account. The info about the account also needs to be kept in a place where somebody else can track it down if a spouse or dependent has to use the money in the emergency."}
{"_id": "296941", "title": "", "text": "Relationships are about not only taking, but also giving. No one can be considered in a perfect relationship, how happy the couple is, as happiness in a relationship is just the happiness of the situations created by the partners. No relationship-- MatchVIP is intended for select men and women who are interested in a professional dating service in South Africa for more details visit us: www.matchvip.co.za"}
{"_id": "296959", "title": "", "text": "Yeah and Doctor Oz has a medical degree. There's a whole lot of skepticism and critique of the outdated and abandoned methods he's using. A quick google search will say from plenty of other experts from MIT and other name dropping schools that his data isn't and cannot be realistic.   I'm anticipating a market correction, but I'm also not a conspiracy theorist."}
{"_id": "296966", "title": "", "text": "The 10 most dangerous jobs (number is Occupation Fatalities per 100,000):   Timber cutters 117.8   Fishers 71.1   Pilots and navigators 69.8   Structural metal workers 58.2   Drivers-sales workers 37.9   Roofers 37   Electrical power installers 32.5   Farm occupations 28   Construction laborers 27.7   Truck drivers 25   (This is according to the BLS for 2015.  They say Mining workers is 12.4)"}
{"_id": "296969", "title": "", "text": "if you have 30k to invest use some of it to hire someone because the returns you'd get with some sort of professional would probably make up for what your paying them in comparison to doing it on your own. although if you're really against it then like mjvcaj said, ETF's would probably be a good idea."}
{"_id": "296980", "title": "", "text": "As well as credit risk there's also interest risk. If a bond has a face value of $100, pays 1% and matures in 20 years' time then you expect to receive a total of $120 from buying it now -- $1 per year for 20 years and $100 at the end. But if you can get a 3% return elsewhere, then if you invest your $80 there instead you will get $2.40 per year for 20 years and then $80 at the end, making a total of $128 (and you also get more of the money sooner). So even $80 for the $100 bond is a bad buy, and you should invest elsewhere."}
{"_id": "296989", "title": "", "text": "\"You are effectively 'making' 3.8% right now. By maintaining a loan at 0% vs the 3.8% you'd otherwise pay, you are ahead by that percent.  Now, if you borrowed at 3.8%, and made 7.6% on your investments, taxes aside, you'd break even. you are exactly ahead by the same 3.8%.  It seems to me that with a break-even of 7.6%, you'd be taking a risk based on the market return over the next few years. In a sense, that's true for any of us, but in your case, you are not deciding where to put idle cash, you already have the 3.8% option of \"\"leave well enough alone.\"\" This is where I'd quote Harry Callahan - 'you've gotta ask yourself one question: \"\"Do I feel lucky?\"\" Well, do ya, punk?'\""}
{"_id": "296990", "title": "", "text": "\"DPStream.TV | The Big Bang Theory : Leonard et Sheldon pourraient vous dire tout ce que vous voudriez savoir \u00e0 propos de la physique quantique. Mais ils seraient bien incapables de vous expliquer quoi que ce soit sur la vie \"\"r\u00e9elle\"\", le quotidien ou les relations humaines... Mais tout va changer avec l'arriv\u00e9e de la superbe Penny, leur voisine. Ce petit bout de femme, sc\u00e9nariste \u00e0 ses heures et serveuse pour le beurre, va devenir leur professeur de vie !\""}
{"_id": "297000", "title": "", "text": "You've admitted to taking entertainment and comedy as legitimate sources of information in a presidential election, dude. Whatever your choice is during an election, its a serious one with real consequences.   You complained earlier about not liking the choices in the election, well where was your ass during the primary?!?! I'll tell you where mine was -- in a fucking voting booth, voting for Ted Cruz."}
{"_id": "297001", "title": "", "text": "I get so pissed off at the concept of being forced to use services I have no interest in supporting, e.g. traditional taxi cabs. I live and work in Detroit. There is a pretty big difference in quality between an Uber driver and a Yellow Taxi driver.   Thanks businessmen at large for controlling my choices for me.  sorry!"}
{"_id": "297013", "title": "", "text": "Cashiers check is as good as cash. I use them all the time as banks don't carry over 2-3k anymore. I can bring the cashiers check anywhere and thus cash it for u without an account. It's basically a piece of paper that says these funds are set aside from the issuers account just for and only for the check. That's why it's accepted anywhere. It's a gurantee from one bank to another that the funds are there waiting to be transferred. The whole point of the check is so the funds are available immediately. The bank will call the issuing bank verify the Check is real and than cash it immediately. You don't pay a fee to buy the cashiers check just to wait for it to clear like a normal free check. Its immediate and just as good as cash. I use them weekly/monthly for amounts from 5k up to over 100k."}
{"_id": "297032", "title": "", "text": "authorized 100,000,000 shares They cannot issue shares more than that so 102M isn't possible. Common stock - $.01 par value, authorized 100,000,000 shares, issued 51,970,721 and 51,575,743 shares     If you look at the right 2 columns it become clear what it means. You missed the $ symbol and on the top (In thousands, except share amounts) ouststanding share 51,970,721 -> 520 On Sept 30, 2014 outstanding shares * 0.01 and rounded off to arrive at 520. ouststanding share 51,575,743 -> 516 On June 30, 2014 outstanding shares * 0.01 and rounded off to arrive at 516."}
{"_id": "297037", "title": "", "text": "I understand your process. I just don't think many people on Reddit have put together a $100M loan. Hell not a lot of people period have done that. I'd think the council or banks you are working with would have that experience.   When in doubt, just do what I do. Find something for a $1M loan and add a few zero's to it!   You mentioned the cold storage business - something I am very interested in."}
{"_id": "297041", "title": "", "text": "Um nope. I'm friends with her on Facebook and she initially followed me on Twitter back in 2012. She also does follow me on IG but we talk more on Fb than anywhere else, mostly Messenger. I'll just say this: she was on both Punky Brewster and Family Matters"}
{"_id": "297042", "title": "", "text": "\"Is this not just romanticism for the \"\"good old days\"\"? Why do people assume small, local businesses are treating employees so much better? Do you think the corner superette is showering their employees with 20/hr wages and elaborate benefits packages?\""}
{"_id": "297046", "title": "", "text": "Studying seek out internet handheld economic, and there is a number of handheld personal personal loan companies, all the things you want to do will be be sure the net handheld personal giver established fact and also given the green light by customers. Tend not to depend the particular on-site testimonies to be able to evaluate the caliber of the particular program."}
{"_id": "297051", "title": "", "text": "Yes, you can keep the accounts.  In fact, I opened my US bank account as a Canadian citizen living in Canada, and still have it after living in the US and returning. American Express offers UK cards and the have an excellent system for transferring the cards.  You should definitely contact them about this, otherwise you will likely have to start building credit from scratch in the UK.  AE Global Card Transfer"}
{"_id": "297055", "title": "", "text": "Data mining + uber connections can land you in with a hedge fund. I would focus on being as social as possible, joining business clubs / connected fraternities and enrolling in CFA 1 to maximize your chances. A solid connection will get you further faster than anything else.   I'm going to say that the graduate classes you take won't be as relevant at the Msc at the end of your name."}
{"_id": "297059", "title": "", "text": "Depends. I recall *healthy* food like grilled chicken and veggies being less expensive in Ireland compared to when I returned to the US.  But a family-sized bag of candy? Cheaper in the US. In fact, grab three because the third is free after you buy your second!"}
{"_id": "297067", "title": "", "text": "Then they keep putting artificial burdens and excuses on WHY they can't produce phone records . . . they want to redact their customers.  Yeah - discovery fucking blows.  They still have to do it.  Then tragedy strikes supposedly and their hard drive crashes . . . and a parade of horrible things happen just to them . . . at the worst possible time.  Repeatedly.  I'm not buying it being too simple.  Why?  I'm confident that even though I don't know anything about Florida law . . . discovery deadlines aren't within mailing days.  Their story sounds so implausible it hurts.  They said there was a complaint filed within 90 minutes or thereabouts of a threatening letter . . . even if someone was on that electronic system you'd never get a response in 90 minutes so what are we missing?  Plus - they KNEW they were moving?  And mail forwarding did *nothing*??  And they **knew** there was an online system . . . but they *never* did anything about it  This whole thing stinks of: should have gotten a lawyer."}
{"_id": "297100", "title": "", "text": "\"There are a couple of reasons to diversify your assets. First, since we cannot predict which of our investments will perform best, we want to \"\"cast our net\"\" broadly enough to have something invested in what's going to be performing well. Second, diversification isn't intended to provide the highest returns, but rather it is used to soften the effects of market volatility. By softening the downsides and lowering the overall volatility among our assets, returns are more consistent.  If a model does not address future downside risk it is only telling you part of the story. (Past performance does not guarantee... you get the picture)\""}
{"_id": "297102", "title": "", "text": "For big values the loss becomes negligible. Say you have a 10% chance to get 10 million $/\u20ac/Whatever, expected value 1m. You sell that chance for 990k, which loses you 10k of expected income. Why would you throw away 10k? Because in the face of getting almost 1m the 10k are insignificant, 1m and 990k will make you roughly equally rich. Also the richness increase from 1m to 10m is less than 10x since 1m gives you maybe 90% of the freedom that 10m does (depending on how well you can make 10m work for you, most people will just let it rot in the bank). Another way to look at it is to look at bankruptcy risk. Say I have 10k in the bank, which is nice. Those 10k cannot pay for a new house or 2 cars (mine and the one I hit), so I have a small risk of significant loss. If I buy an insurance I reduce my chance of going bankrupt from maybe 0.001% to 0% for a fairly small price. Usually you can buy insurance fairly cheap if you raise your deductible to maybe 5k (both for the house and the car) so that you shoulder the risk you can (shouldering risk = gaining money) and paying an insurance to shoulder the rest for you. That way you minimize the cost to remove the risk of bankruptcy. It makes sense to shoulder as much risk as you can (unless a fixed fee of the insurance makes in unfeasible) before paying others to do it for you so you can optimize your income while removing fatal risks."}
{"_id": "297104", "title": "", "text": "Sovereign Inn has different types of rooms that can be booked as per your convenience or group size. We would suggest resort room category which is a perfect choice for couples. Contact at: 02 6452 1366."}
{"_id": "297119", "title": "", "text": "\"The statement that contractors outnumber troops on the ground is correct. That over 10K contractors were used for \"\"security\"\" also speaks to the privatization of the military. The attempt at nation building was a military venture.   I'm not even saying outsourcing the military is wrong (or right), just that it's reality. Quibbling over how many carry guns versus wash dishes isn't the point, really.\""}
{"_id": "297159", "title": "", "text": "I really like Rocky's answer, some more info: Keep in mind there is no limit on punitive damages.  You could sue for the pants (160) + the filling fee (50) + a reasonable hourly rate to compensate your time (assume 200) + punitive damages of  4590 (assume 5000 limit on small claims court).  When facing a suit of 5000, it could be much cheaper to settle for 160. Keep in mind you don't have to take it.  Once you file you may only settle for the pants plus filling fee.  Once you actually get to court, you may only settle for the pants + filling fee + some time compensation. If you have the claim ticket, you will win.  The question becomes how much punitive damages could you also win?  Filling fee, easy.  The compensation for your time, very likely.   Once the owner is served a summons, they will probably go to a lawyer.  The lawyer will tell them to settle ASAP.  Use that to your advantage.   One thing you might be able to settle for is free dry cleaning.  They might give you the $160, plus another $160 in free dry cleaning...if you are willing to use them again."}
{"_id": "297174", "title": "", "text": "I don't think BPS or Cabela's need to have many locations. Around my area they're ~~their~~ a destination shopping experience. People will drive 2 or 3 hours just to go look around and eat at the attached restaurant, even though they likely have an Academy in their home town with a Twin Peaks / Hooters right next to it."}
{"_id": "297191", "title": "", "text": "Ah yes - once again can't back up anything and instead of arguing the point you would much rather launch ad hominem attacks.   Lol - don't worry about my future - I'm pretty set, but then again I didn't get my MBA right out of undergrad."}
{"_id": "297197", "title": "", "text": "Her Facebook statuses are public. Feel free to check her on there. You want my name as well to cross-reference the validity of me and who I am? The NSA spies on us already. I also survived the Teletubbies in their original forms. I'm not afraid."}
{"_id": "297204", "title": "", "text": "And people who are older, and don't have a firm grasp on computers, often have surprising connections and resources.  As annoying as it can be, at times, to talk that 80 year old person through something incredibly basic (that you may have already explaining to them before), they can often have more impact on your company than the general public of the tech savvy crowd."}
{"_id": "297210", "title": "", "text": "\"Its bandwidth, so no, it wouldn't clog up the \"\"tubes\"\" like a highway. Everyone who quotes has a fixed amount of bandwidth and an exchange can cut off a firm's connection. The exchanges know who is quoting- you have to buy connections to them to do this stuff. Every exchange I have seen has reporting capability to see who is quoting what, and who is trading what.   Whoever is doing this isn't making any money, because they didn't trade anything! Servers and connectivity are expensive, so they are actually losing money. This situation is almost certainly due to either a new algo \"\"soft launching\"\" or being tweaked and having its parameters set too conservatively.\""}
{"_id": "297215", "title": "", "text": "Google finance will allow you to import earnings report dates directly to your Google calendar. See screenshot with calendar import button circled in red below."}
{"_id": "297218", "title": "", "text": "[this seems relevant](http://hipcrime.blogspot.com/2012/06/what-might-have-been.html)  *...we cannot go on for much longer economizing on labor faster than we can find new uses for it. That road leads to a division of society into a minority of producers, professionals, supervisors, and financial speculators on one side, and a majority of drones and unemployables on the other.*"}
{"_id": "297220", "title": "", "text": "&gt; What IS criminal, is faking the loan paperwork and KNOWINGLY passing along fraudulently obtained loans.  Its pretty obvious that they would need to deceive the MBS buyers about the creditworthiness of the loans in order to sell them.  By knowingly targeting unsophisticated poor people to take large expensive loans, they were knowingly engaging in activity that is necessarily fraudulent from the top down."}
{"_id": "297229", "title": "", "text": "that was not the argument posited, and it would be superfluous if it were. it does nothing to challenge hanauers argument, as hanauer acknowledges this tenet which further informs his broader view that this phenomenon results in the absence of economic growth."}
{"_id": "297231", "title": "", "text": "To dig a little deeper, a number of analysts within (and without) Reuters are polled for their views on individual stocks and markets on buy-hold-sell. The individual analysts will be a varied bunch of fundamentalists, technical, quant and a mixture of the three plus more arcane methodologies. There may be various levels of rumors that aren't strong enough to be considered insider trading, but all of these will give an analyst an impression of the stock/market. Generally I think there isn't much value there, except from the point of view if you are a contrarian trader, then this will form a part of the input to your trading methodology."}
{"_id": "297241", "title": "", "text": "\"In the normal course of events, you should receive a separate check for the amount of the purchase, and that amount should not be included in your wages as shown on your W-2 statement.  If the amount is included on your paycheck, it should still be listed separately as a non-taxable item, not as part of wages paid.  In other words, the IRS should not even be aware that this money  was paid to you, there is no need to list the amount anywhere on your  income tax return, and if you are paranoid about the matter, staple the stub attached to the reimbursement to a copy of your bank statement showing that you deposited the money into your account and save it in your file of tax papers for the year, just in case the IRS audits you and requires you to document every deposit in your checking account.  The amount is a business expense that is deductible on your employer's tax return, and your employer is also required to keep documentation that the  employee expense reimbursement plan is running as per IRS rules (i.e., the employer is not slipping money to you \"\"under the table\"\" as a reimbursement instead of paying you wages and thus avoiding the employer's share of FICA taxes etc) and that is why your employer needs the store receipt, not a hand-written note from you, to show the IRS if the IRS asks. You said you paid with \"\"your own cash\"\" but in case this was not meant literally and you paid via credit card or debit card or check, then any mileage award, or points, or cash back for credit card use are yours to keep tax-free, and any interest charges  (if you are carrying a revolving balance or paid through your HELOC) or  overdraft or bounced check fees are yours to pay.\""}
{"_id": "297254", "title": "", "text": "This all boils down to insurance companies.  Most policies require drug testing or companies face a huge increase in premiums.  Then you look at who owns the insurance company, or rather, what companies they're invested in.    Private prisons? Check.   Oil? Check.   Timber? Check  Pharma?  Check.  Then you start to understand that these companies don't want cannabis to become legal. It competes with nearly every major industry."}
{"_id": "297255", "title": "", "text": "\"&gt;(a) people who choose not to work, in which case they have no business receiving anything but basic food and shelter from society,  But currently they don't even receive that.  The actual effect of the lack of housing/food and basic-income programs is that the living wage, the minimum necessary wage necessary to make it *worth working*, is much higher than we need it to be if we really want to \"\"compete\"\".  &gt;The only reason unemployment is so bad today is because America is losing many jobs to technology and globalization and not finding ways to compete and our work force can't handle many of the new jobs anyways.   The systematic transfer of wealth from labor to capital nowadays plays no part?  Come on!\""}
{"_id": "297274", "title": "", "text": "\"I would recommend putting it on a credit card, just not your current credit card. Run a Google search for \"\"credit cards with good signup bonuses\"\" and you will potentially come across these links: http://www.cardrates.com/advice/11-best-signup-bonus-credit-cards/ https://www.nerdwallet.com/blog/top-credit-cards/best-credit-card-offers/ There are cards out there which can qualify you to: The $150 back on a $500 purchase is an instant 30% ROI. The best stock options couldn't guarantee you that kind of return. You will instantly meet the criteria and get $150 + $25 (1% cash back on the full $2,500) The only stipulation is that in order to fully benefit from the rewards, you must pay off the card in full when your bill comes in or else you will pay steep interest. After a year or so you can cancel the card. If you want, sign up for two or three cards and split the payment. Reap the rewards from multiple credit cards. I wish I had done this with my college tuition; it was a tough pill to swallow when I forked over $3,000 at the registrar's office for one semester :-( I had the potential to realize a savings of $900 in one semester alone. Would have been nice to apply such a kickback against buying my books. If you work things out correctly then you can save 30% ($750) on your total purchase. That's one way to not run yourself dry. Disclaimer: By following these steps you will be triggering at least one hard inquiry against your credit. Each hard inquiry has the potential to lower your credit rating. If you do not plan to use your score to apply for any major loans (e.g. car or house) then this reduction in credit will have basically no impact on your day-to-day life. Assuming you continue using your credit responsibly then your credit should just bounce right back to where it was in no time. I know there are many people out there that cherish their score and relish in the fact that it is so high but it's for moments like these that make it worthwhile to \"\"spend\"\" your credit score. It's an inanimate number whose sole purpose is to be \"\"spent\"\" in times like these.\""}
{"_id": "297285", "title": "", "text": "\"I believe you are missing a complete aspect of figuring out price points. You completely disregarded how price affects \"\"perceived quality\"\". People generally assume that higher price means higher quality. Pricing too low will give many people the impression that at that price it couldn't be very good, and don't buy the product as a result.  Crown Royal became Crown Royal after being a mediocre brand. They didn't change the way they made whiskey, instead they raised the price by 400%. Now it was viewed as a premium product, simply because of it's price.  While I don't want to knock your view of Tycoon games, but it's just a game with one point of view. It's not the real world. It's just what a programmer thought would make the game interesting. I sure wouldn't consider it to be some source of great business wisdom.  Look at what really happens taking video game consoles and games as an example. They start at a high price point. This makes it prestigious to own. When that price point becomes saturated, meaning everyone that is going to buy at the price already has, they lower the price a little and do the same. Then when everyone that can afford that price has bought one they lower it again. Eventually it gets to a point where almost anyone can afford.  This style taps the market for every price point and is much better model than the one you suggest. There are many things that use this model, like car sales. The end of a model year is the time to buy because everyone that was willing to pay the full price already had and they need to move them off the lot to make room for new cars that will have a higher price point.  So I don't buy into your theory at all.  EDIT: Grammatical error.\""}
{"_id": "297288", "title": "", "text": "\"Thirty thousand in credit card debt is a \"\"big elephant to eat\"\" so to speak.  But you do it by taking a bite at a time.  One positive is that you do not want to borrow from your 401K.  Doing so is a horrible idea. The first question you have to ask yourself and understand, is how you accumulated 30K in credit card debt in the first place?  Most people get there by running up a relatively small amount, say 5K, and playing the zero transfer game a few times.  Then add in a late payment, and a negative event or two (like the car breaking down or a trip to the emergency room) and poof a large amount of credit card debt.   Obviously, I have no idea if this is how you got there, and providing some insight might help.   Also, your age, approximate income, and other debts might also help provide more insight.  I assume you are still working and under age 59.5 as you are talking about borrowing from your 401K. Where I come from is that my wife (then girlfriend) found ourselves under stifling debt a few years ago.  When we married, we became very intentional and focused on ridding ourselves of debt and now sit completely debt free (including the house).  During our debt payoff time, we lived off of less than 25% of our salary.  We both took extra jobs when we were able.  Intensity was our key.     If I were you, I would not refi the house.  There are costs associated with this and why would you put more debt on your home? I might cash out the annuity provided that there are no negative tax consequences and depending on how much you can get for it.  Numbers are the key here.  However, I feel like doing so will not retire this debt. The first thing you need to do is get on a written budget.  A game plan for spending and stick to it.  If you are married, your spouse has to be part of this process.  The budget has to be fresh each month, and each month you and your wife should meet.  To deviate from the budget, you will also need to have a meeting.  My wife and I still do this despite being debt free and enjoying very healthy incomes. Secondly, it is about cutting expenses.  Cable: off.  No eating out or vacations.  Cut back on cell phone plans, only basic clothing.  Gift giving is of the $5 variety and only for those very close to you.  Forget lattes, etc.  Depending on your income I would cut 401K contributions to zero or only up to the company match (if your household income is above 150K/year). Third, it is about earning more.  Ebay, deliver pizzas, cut grass, overtime, whatever.   All extra dollars go to credit card balance reduction.  At a minimum, you should find an extra $1000/month; however, I would shoot for 2K.  If you can find 2K, you will be done with this in 13 months.  I know the math doesn't work out for that, but once you get momentum, you find more. How good will it feel to be out from under this oppression next March?  I know you can do this without cashing in the annuity or refinancing.  Do you believe it?\""}
{"_id": "297290", "title": "", "text": "\"There is a lot of interesting information that can be found in a fund's prospectus. I have found it very helpful to read books on the issue, one I just finished was \"\"The Boglehead's Guide to Investing\"\" which speaks mostly on mutual and index funds. Actively managed funds mean that someone is choosing which stocks to buy and which to sell. If they think a stock will be \"\"hot\"\" then they buy it. Research has shown that people cannot predict the stock market, which is why many people suggest index based funds. An index fund generally tracks a group of companies. Example: an index fund of the S&P 500 will try to mimic the returns that the S&P 500 has. Overall, managed funds are more expensive than index funds because the fund manager must be paid to manage it. Also, there is generally more buying and selling so that also increases the tax amount you would owe. What I am planning on doing is opening a Roth IRA with Vanguard, as their funds have incredibly low fees (0.2% on many). One of the most important things you do before you buy is to figure out your target allocation (% of stocks vs % of bonds). Once you figure that out then you can start narrowing down the funds that you wish to invest in.\""}
{"_id": "297331", "title": "", "text": "Some already mentioned that you could pay with your savings and use the credit card as an emergency buffer. However, if you think there is a reasonable chance that your creditcard gets revoked and that you need cash quickly, here is a simple alternative:"}
{"_id": "297360", "title": "", "text": "So in a ten year history the company makes one misstep (one which makes perfect sense; it was just an error in timing) and we want to throw out all the leadership and take control?   Where is this kind of uproar at investment banks that leveraged themselves out on a limb in stormy waters? Or at Microsoft that routinely pours money down product holes without marketing and advertising support? Or any of a dozen other companies that make stupid decisions driven by the ego or short-sightedness of the CEO?   No, let's beat on one of the best executives on Wall Street because we're whiny about short-term losses in pursuit of long-term gains.   We need more honeypots for stupid investors like Facebook - maybe if enough idiots get burned they'll just get out."}
{"_id": "297376", "title": "", "text": "I was referring to insider information as a seperate means of profiting. So I assumed:  1. Fundamental analysis/picking the direction 2. Insider information 3. Gaming the market (illiquid markets)  If this is true. What makes a good market maker? Stoploss/takeprofit management and hope there are enough players in it *not* to win it (i.e. hedge positions) to take profit from?  Sounds very luck base or is there something im missing?  Thanks"}
{"_id": "297385", "title": "", "text": "Your company wants to raise $25,000,000 for a new project, but flotation costs are incurred by issuing securities (underwriting, legal fees, etc) First you must determine how much of the $25,000,000 is going to be debt and equity. The company's target D/E ratio is 50% (or .50). For every $0.50 of debt raised they want to raise $1.00 in equity. $1.00 + $0.50 = $1.50 $0.50/$1.50 = 1/3 debt, that leaves the equity portion being 2/3. $25,000,000 * (1/3) = $8,333,333.33 (DEBT)  and $25,000,000 * (2/3) = $16,666,666.67 (EQUITY) Using the Weighted Average Cost then you would do something like this: = (1/3) * .04 + 2/3 * .12 = .09333333 =$25,000,000/(1-.093333) = $27,573,529.40"}
{"_id": "297391", "title": "", "text": "\"Why not start a third account, the \"\"house\"\" account? However you decide to fund it, equally or in proportion to income, you both chip in, and the payments for all joint expenses come from there. Rent, utilities, food, phone, cable.\""}
{"_id": "297399", "title": "", "text": "Did you buy near the bottom? Suppose you did then the price is still 16% below. 50% fall and then 40% increase leaves a 16% gap. So there could still be upside. However, it appears that you are talking about a small-cap that is volatile. I wouldn't hold it. I would take the money and invest elsewhere. If you have a lot of shares and brokerage is less then sell 60% now and the remaining 40% on either 10-15% jump in price or if it falls by 5% from now. Too risky to hold longer-term."}
{"_id": "297402", "title": "", "text": "* stop buying smarthphones * buy dry food in 'bulk', larger packs * Don't go to restaurants, caf\u00e9s * Don't travel * Don't live in a city where the average rent = $1200  * Don't follow hypes  There are many poor people who are poor because of their poor decision making skills."}
{"_id": "297421", "title": "", "text": "If you have an account with a major bank they may trade an over the counter option with you. Just depends how much work you need to go through and how much you are planning on buying."}
{"_id": "297427", "title": "", "text": "First, determine the workload he will expect.  Will you have to quit your other work, either for time or for competition?  How much of your current business will be subsumed into his business, if any?  Make sure to understand what he wants from you.  If you make an agreement, set it in writing and set some clear expectations about what will happen to your business (e.g. it continues and is not part of your association with the client).  Because he was a client for your current business, it can blur the lines. Second, if you join him, make sure there is a business entity.  By working together for profit, you will have already formed a partnership for tax purposes.  Best to get an entity, both for the legal protection and also for the clarity of law and accounting.  LLCs are simplest for small ventures; C corps are useful if you have lots of early losses and owners that can't use them personally, or if you want to be properly formed for easy consumption by a strategic.  Most VCs and super-angels prefer everybody be a straight C.  Again, remember to define, as necessary, what you are contributing to be an owner and what you are retaining (your original business, which for simplicity may already be in an entity).  As part of this process, make sure he defines the cap table and any outstanding loans.  Auntie June and Cousin Steve might think their gifts to him were loans or equity purchases; best to clear this issue up early before there's any more money in it. Third, with regard to price, that is an intensely variable question.  It matters what the cap table looks like, how early you are, how much work he's already done, how much work remains to be done, and how much it will pay off.  Also, if you do it, expect to be diluted by other employees, angels, VCs, other investors, strategics, and so on.  Luckily, more investors usually indicates a growing pie, so the dilution may not be at all painful.  But it should still be on your horizon.  You also need to consider your faith in your prospective partner's ability to run the business and to be a trustworthy partner (so you don't get Zuckerberg'd), and to market the business and the product to customers and investors. If you don't like the prospects, then opt for cash.  If you like the business but want to hedge, ask for compensation plus equity.  There are other tricks you could use to get out early, like forced redemption, but they probably wouldn't help either because it'd sour your relationship or the first VC or knowledgeable angel to come along will want you to relinquish that sort of right. It probably comes down to a basic question of your need for cash, his willingness to let you pursue outside work (hopefully high) and your appraisal of the business' prospects."}
{"_id": "297428", "title": "", "text": "There can also be too little liquidity to actually make it worthwhile. That's probably the most important difference.  Also, it's easy to get banned if they realise your are doing it on a significant scale (at least that's how it is in the UK)."}
{"_id": "297429", "title": "", "text": "Chris Rea's comment captures it -- most people don't have working crystal balls. Unless you are a trader, you address risk with diversification. There are several questions on this site discussing strategies to diversify your portfolio. In many ways, the markets offer investors false choices. We have an emotional desire to react to stimuli -- but that often leads to lousy outcomes. For example, selling your NASDAQ 100 fund after its value falls is usually a bad idea."}
{"_id": "297456", "title": "", "text": "I know you can't buy in your sector. My point was merely that if you believed you were so good at your job you would quit and trade on your own analyses.  I genuinely believe most analysts try their best and put forth legitimate analyses. The problem is that most believe they're smarter than they are :)"}
{"_id": "297465", "title": "", "text": "\"Is there any way for me to get my money bank? It would be a long drawn process. You would have to file a fraud complaint, they should be able to catch the imposter and / or get a freeze on the account you did wire transfer on [even courts would be involved in process] ... could take lot of time and money. Depending on the amount it may or may not be worth it. If so, should I talk to my bank Your Bank will not take any liability. From their point of view, you deposited a check, they sent it get cleared and reversed the transaction moment they realized it was fraud. the \"\"vendor's\"\" bank You could talk to Vendor Bank. However as you have no relationship with them, they may or may not co-operate. If its a large institution they may do their own internal investigations. If you act sooner, they maybe able to place a hold on the account. Often this is a parking account and the funds are moved elsewhere. They will not be able to refund the funds unless the legal system / process is involved. bank that the fraudulent check came from Depending on how the check was made ... the Bank can easily claim that someone printed something with their Bank's name on it and they are not responsible for it. If there are large cases, the Bank may to contain reputational damage may lodge a complaint with Police and put out some advertisement.\""}
{"_id": "297467", "title": "", "text": "Most corporate policies strictly prohibit the card's use for personal use, even if the intent is to re-pay in full, on or before the due date.  I'm certain it has something to do with limitation of liability, i.e. the monetary risk the company is willing to put itself at, in order to offer a corporate card program. In my experience, AMEX Corporate Card Services is the most widely-used card, and in my experience, it is your employer that determines and administers the policy that outlines the card's appropriate use, not the credit card provider, so you're best to check with your employer for a definitive answer to this."}
{"_id": "297473", "title": "", "text": "If you put $500 into BTC at $5 you either would have A) Sold at the then ATH $20 or B) Lost faith when it tanked down to $0.50 a month later and been done with it.   Everybody would be rich looking in the past.   I held 300 Eth that I bought (75) at $4 and mined (225). I sold at $20 before the skyrocket to $400. Shit happens."}
{"_id": "297491", "title": "", "text": "Price hiking is more of an industry epidemic than something that can be attributed to one person. Not to defend it, but I feel like shkreli has been the scapegoat for big Pharma, everyone does it and they are happy he gets all the public heat."}
{"_id": "297495", "title": "", "text": "Most reflationary policies are talking about stopping, so hopefully in 2018 the CBs will stopping buying so much. BOJ is rethinking their policy of buying treasuries when our US yields start to rise (to shrink them and protect their currency).  So hopefully once we get past global QE, things can get back to a more \u201cnormal\u201d status.  As far as advice on finding value...err...good luck?  [Growth of Monetary Base and M2 chart in article](https://www.google.com/amp/s/seekingalpha.com/amp/article/4113280-federal-reserve-never-printed-money-part)   Also look at how the money multiplier is shrinking."}
{"_id": "297500", "title": "", "text": "**Economy of the Bahamas**  The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth for many years, but the slowdown in the US economy and the attacks of September 11, 2001 held back growth in these sectors in 2001-03. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.21"}
{"_id": "297505", "title": "", "text": "&gt;Many studies have shown that index funds and passive investing are the most successful strategies for users. This is the opposite of what Robinhood encourages.  I've been with Robinhood awhile now... and I have only used it to purchase shares of index ETFs.  I have never felt encouraged by them to day trade or actively manage investments."}
{"_id": "297512", "title": "", "text": "I mean, they're actually pretty successful in their niche.  And Apple creates a huge positive externality.  When someone starts to argue that competition must inevitably lead to a downward spiral of reducing costs, quality, and customer satisfaction, corporations like Apple provide a lovely counterexample.  It's especially good because Apple is so well-liked in general."}
{"_id": "297535", "title": "", "text": "If you are regularly taking payments of $10,000 I'm very surprised you aren't already set up to accept credit card payments. If you are going to be doing this much in the future it would be a good thing to investigate. Some other options might be:"}
{"_id": "297536", "title": "", "text": "Have you purchased a Netgear Wi-Fi Extender and now worried about how to set it up? Do not worry when we are here to provide you some easy steps. Access mywifiext.net, the web based interface of the router and login by using the default credentials of the Netgear Wi-Fi Extender."}
{"_id": "297544", "title": "", "text": "Ev_Ehrlich &gt; Dr. Everett M. Ehrlich is one of the nation's leading business economists. His firm, ESC Company, combines economic analysis, business development, and communications skills to solve a wide range of business problems. ESC's diverse clientele have included leading firms in the financial, accounting, pharmaceutical, automotive, and other industries, and such diverse organizations as the Pew Center for Global Climate Change and the Major League Baseball Players Association. He also recently served as Executive Director of the CSIS Commission on Public Infrastructure under co-chairmen Felix Rohatyn and Warren Rudman; a bipartisan bill to enact their recommendations was introduced in the 110th Congress.  &gt;Dr. Ehrlich served in the Clinton Administration as Under Secretary of Commerce for Economic Affairs, the principal economic policy official for Commerce Secretaries Brown and Kantor and chief executive of the nation's statistical system. As such, he led the first comprehensive strategic review of the nation's economic statistics in four decades, leading to a major modernization of featured measures of the economy. He supervised the redesign of the 2000 decennial census. He co-chaired the White House working group on the restructuring of the U.S. economy in the face of information technology, was a leader in the U.S.'s planning effort of the two G-7 AJobs Summits, and oversaw the Administration's economic analysis of global climate change.  &gt;Prior to his service as Under Secretary, Dr. Ehrlich was Vice-President for Economic and Financial Planning, and for Strategic Planning, of Unisys Corporation, from 1988 to 1993. As such, he had responsibilities concerning corporate development and finance, formulating business strategy, and economic forecasting. He reported directly to two chairmen of the company. He has also been the Senior Vice-President and research director of the business-based think tank, the Committee for Economic Development.  &gt;Dr. Ehrlich earlier served as Assistant Director of the Congressional Budget Office, where he directed the CBO program in trade and technology, infrastructure and space transportation, energy and the environment, and agriculture. He joined CBO in 1977, after having served as a Legislative Aide to Congressman John Conyers, Jr., and having briefly taught economics at the university level.  &gt;Dr. Ehrlich is the author of two critically-acclaimed novels: Big Government (1998), and Grant Speaks (2000), both by Warner Books. He was, for eight years, a regular economics commentator on National Public Radio's Morning Edition, and his writings have appeared in The Financial Times, Investors Business Daily, The Christian Science Monitor, The Washington Post, The International Economy, and other publications.  &gt;Dr. Ehrlich was born in New York City in 1950 and is a product of its public schools. He received a B.A. in 1971 from S.U.N.Y. Stony Brook and a Ph.D. in economics in 1975 from the University of Michigan. He lives with his family in Bethesda, Maryland, where he has coached little league, acted in children's theater, been wardrobe master for the high school chorus, and waits for the Washington Nationals to win the World Series.  Bio from [website](http://www.evehrlich.net/about-ev-ehrlich/)"}
{"_id": "297568", "title": "", "text": "There are three basic concepts finance (as far as I'm concerned). Liquidity is basically an asset's spendability.  Assets range in liquidity from cash (very liquid) to real estate (not very liquid).  You can spend cash immediately, while real estate must first be converted to cash.   Another important concept is your time horizon.  When do you need your money.  Money you need in the near term should be kept in very liquid assets, while money you won't need for a significantly long time can be tied in to something much less liquid. Volatility is the degree to which an assets value is predictable from day to day.  Cash and guaranteed savings accounts have very low volatility, while a stock portfolio will fluctuate in value from day to day, sometimes a lot and sometimes you can lose your initial investment. So really, you need to determine what you need or want this money for, and depending on when you'll need it you can make decisions about whether or not to invest it, or keep it in a savings account, or keep it in literal actual cash. Your TFSA is maxed for the year, so that's out.  Do you have an emergency fund?  Do you want to travel or have other more near term desires that cost money?  If you have a solid financial foundation and already have an emergency fund, you may want to set up a brokerage account and invest in an index fund.  You should not invest money in the stock market unless you are ready to leave it there for at least a few years.  Stocks are volatile but over a long enough period the market generally goes up. In your search for the right index fund, watch out for fees.  Most big brokers will have a list of funds you can invest in with no up front fees and no commission.  The fund itself will charge an expense ratio, look for an index fund with an expense ratio around 0.10%.  This means you'll pay 0.10% of your holdings each year to the fund manager.   No matter how much money we're talking about, I wouldn't put more than half in the market.  Dip your toe in, get used to the value fluctuating.  Don't start reading about technical analysis and derivative trading.  Just put your money in a very low fee big market index and let it ride."}
{"_id": "297588", "title": "", "text": "Not doing this would defeat the entire purpose of a VAT. The reason for a VAT rather than a simple sales tax is that it's harder to evade. Having a simple sales tax with the type of rates that VAT taxes typically are is unworkable because evasion is too easy. Imagine I'm a retailer. I buy products from a wholesaler and sell them to consumers. With a sales tax, if I don't charge the customer sales tax, the customer is happy and I don't care (assuming I don't get caught). And if I keep the sales tax but don't report the sale, I make a lot of money. Now, imagine a VAT. If I don't charge the customer the VAT, I lose money since I paid the VAT on the wholesale products. And if I don't report the sale, how do I claim my VAT refund?"}
{"_id": "297589", "title": "", "text": "You need a mixture of real estate, funds, and cash in the bank. Putting all your eggs in one basket is never wise.  I would also stay away from land-banking period... Like you had mentioned, scam after scam after scam... Here in Tokyo, Royal Siam Trust (White Sands Beach?) is the token land-banking scam... funny enough it was hosted by the OP..."}
{"_id": "297644", "title": "", "text": "\"Yes, very prohibitive. A common thing I was doing over 8 years ago was SHA1(MD5(\"\"username\"\")+\"\"password\"\")), in fact.   The problem with this method is that later one we wanted the users to be able to change their username, so instead we started doing something like this:  SHA256(MD5(\"\"timestamp of account creation\"\")+SHA-1(\"\"password\"\")+CustomSieve(\"\"password\"\"+\"\"password\"\"))  CustomSieve was a script that used every even character's ASCII binary representation to modify the string itself. Like my own hashing function that was not good enough for professional use, but unique enough that it drastically changed the final SHA-256 hash. Most people would probably say this was overkill, but I didn't want to just be sending two hex hashes into a SHA256 in case some day someone created a rainbow table specifically designed to crack hashes of hashes.  The timestamp of account creation was stored with the username in it's own table and accessing that table was logged differently and audited separately, so a hacker would have to be doing some really weird things in order to get that info.\""}
{"_id": "297652", "title": "", "text": "Ditto Rocky. Also: Break the sale up over several tax years so that you don't have a spike in your income pushing you into a higher tax bracket. Don't sell it until you retire, when you're probably in a lower tax bracket. (If you're 20, this may be impractical.) Get some other deductions, like medical expenses, charity, etc. Failing that, maybe a couple of other ideas that neither of us thought of, I think the real answer is: suck it up and pay the taxes. If there was a way to reduce your taxes just by checking the right box on a tax form or some such, everybody would do it and the government wouldn't collect any taxes."}
{"_id": "297664", "title": "", "text": "What about the debt attached to more recently purchased properties, purchased at the price before the market gets flooded with baby-boomer homes? I'm not an expert in real estate finance, but it sounds like if that downward pressure on prices isn't slight, financial institutions will be taking that risk for anyone who defaults on a mortgage after their property loses a substantial amount of its value.  It seems like immigration could play an important role in offsetting this and keeping the prices stable, but that's a politically unpredictable issue to say the least."}
{"_id": "297676", "title": "", "text": "\"No, it is not true. That is one of the many \"\"conspiracy theorists'\"\" claims to not pay taxes, and is considered as frivolous (i.e.: punishable by very harsh penalties and criminal prosecution). Specifically to your question, the current Federal income tax framework was laid down in 1986, with the Tax Reform Act of 1986. It is codified under the title 26 of the US Code. It is usually referred to as the \"\"Internal Revenue Code\"\", or IRC.\""}
{"_id": "297694", "title": "", "text": "Value is one area where economic theories tend to diverge and the (very) basic schools of thought both have excellent points in their favor. You've identified both here; one being that economic value can always be determined by net labor* or at least cost of inputs and the other being that economic value does not exist in and of itself and that only a market can determine value. In some ways it is just a question of world-view as much as anything but the concepts of natural prices or innate worth are difficult to argue against. At the same time, without exchange the concept of value has little meaning. So, as usual, it is some sophistry mixed with some sense.  Both have elements of truth and both are considerably more complex than they seem at first. Interestingly though, neither seems to work very well as predictive models despite providing the basis for some incredibly complex and interesting mathematical workups.       * Note that net labor is the sum of ALL labor involved and is incredibly difficult to quantify accurately."}
{"_id": "297705", "title": "", "text": "\"**[Risikostyring](http://dymanassociates.blogspot.nl/)** skal h\u00e5ndtere usikkerhet og omfatter tiltak \u00e5 identifisere, vurdere,overv\u00e5ke og redusere virkningen av risikoene for bedriften.   En god risikostyringsplan med aktuelle risk management strategier kan minimerekostbar og stressende problemer, og kan ogs\u00e5 redusere forsikringskrav og bonuser.Det er fem trinn til \u00e5 utvikle din risikostyringsplan.   **TRINN 1: DEFINERE RISIKO SAMMENHENG**   Identifisere hvor eller under hvilke omstendigheter risikoen inntreffer. For eksempel, enbestemt arbeidsstedet, avdeling, fungerer delen, detaljhandel butikk gren, eller etteruv\u00e6r.   **TRINN 2: RISIKOIDENTIFIKASJON**   Identifisere risikoer som kan p\u00e5virke oppn\u00e5else av virksomhetens m\u00e5l.   Beskrive risiko. Hva kan skje? Vurdere hvordan og hvorfor det kan skje. Beskriverkonsekvensene av risiko-hva skjer hvis risikoen oppst\u00e5r?   -Systematisk arbeid gjennom hver funksjon eller en scene av driften og identifisere hvasom kan skje for hver funksjon.  -Foreta en gjennomgang av poster og rapporter for \u00e5 finne ting som har g\u00e5tt galt isiste.  -Analysere dine systemer og prosesser for \u00e5 identifisere kritiske punkter.  -Brainstorm med ansatte eller kollegaer.   **TRINN 3: RISIKOVURDERING**   Dette trinnet omfatter analyse av sannsynlighet og konsekvenser identifiserte risikoerbruker til beskyttelsestiltak.   -Se p\u00e5 de eksisterende kontrollene for hver risiko. Identifisere hva din bedrift gj\u00f8r for \u00e5kontrollere denne risikoen.  -Sats effektiviteten av eksisterende kontroller i \u00e5 forebygge risikoen fra ender ellerredusere virkningen skal det skje. Angi om eksisterende kontroller er adekvat, moderateller mangelfulle.   Sannsynligheten er en kvalitativ beskrivelse av sannsynlighet og frekvens. Hva ersannsynligheten for at risikoen oppst\u00e5r? Velg beskrivelsen som best beskriversannsynligheten av risikoen oppst\u00e5r (med eksisterende kontrolltiltak sted) risiko analyseMatrix.   Konsekvensen er resultatet av en hendelse eller situasjon, blir et tap, skade, ulempeeller gevinst. Hva er konsekvensen av hendelsen risiko? Velg beskrivelsen som bestbeskriver konsekvensene av risiko (med eksisterende kontrolltiltak sted) risiko analyseMatrix.   Risiko vurdering = konsekvens vurdering x sannsynligheten vurdering. P\u00e5 risiko analyseMatrix finne krysset av sannsynlighet og konsekvens rangeringer valgt for risikoen.   Risiko prioritet gir en indikasjon p\u00e5 hvor raskt du trenger \u00e5 implementere en strategifor \u00e5 behandle risikoen. G\u00e5 til legenden p\u00e5 risiko analyse matrisen og finne risikoprioriteten tilsvarende risiko vurdering fastsl\u00e5tt ovenfor.   **[TRINN 4: RISIKO STRATEGIER](https://www.facebook.com/dyamanassociatesproject)**   M\u00e5let med denne fasen er \u00e5 utvikle kostnadseffektive alternativer for behandling avhver risiko. Bestemme den beste behandling valget fra fem metodene nedenfor.   1) Eliminer risikoen ved avvikling aktiviteten eller fjerne hinderet dvs ikke gjennomf\u00f8reaktiviteten som sannsynligvis vil utl\u00f8se risikoen.   Vurder f\u00f8lgende faktorer n\u00e5r fastsettelse av gyldigheten av dette alternativet for \u00e5unng\u00e5:  -Hva vil skje hvis aktiviteten ikke er gjennomf\u00f8rt?  -Er risikoniv\u00e5et for h\u00f8y \u00e5 fortsette eller fortsette med aktiviteten?  -Er kostnaden for n\u00f8dvendig kontrollene h\u00f8yere enn fordelen med aktiviteten?  -M\u00e5 svikt i aktiviteten kritisk konsekvenser for andre deler av virksomheten din?  -Vurdere \u00e5rsakene for \u00e5 unng\u00e5 risikoen. Er din bedrift un\u00f8dvendig risiko uvillig?  -Vil uttalelsen \u00f8ke betydningen av andre risikoer eller f\u00f8re til tap av muligheter forgevinst?   2) godta risikoen bare ta sjansen til \u00e5 p\u00e5dra de negative konsekvensene. Du kanallerede gj\u00f8re alt rimelig \u00e5 redusere risikoen, men det kan ikke v\u00e6re helt eliminert.   3) Reduser sannsynligheten for at risikoen inntreffer for \u00e5 redusere de negativeresultatene. Sannsynligheten for at risikoen reduseres? Forebyggende vedlikehold, ellerkvalitetssikring og styring, endre i systemer og prosesser.   4) redusere konsekvensene at risikoen inntreffer. Kan virkningen av konsekvensenekontrollert eller redusert hvis risikoen oppst\u00e5r? Gjennom beredskap planlegging,redusere eksponering for kilder til Risiko eller separasjon eller flytting av en virksomhetog ressurser.   5) overf\u00f8re risikoen kan helt eller delvis oppn\u00e5s gjennom flytte ansvaret til en annenpart eller dele risikoen gjennom en kontrakt, forsikringsordninger, eller partnerskap/sog joint ventures.   **TRINN 5: OVERV\u00c5KING OG GJENNOMGANG**   Risikostyring er en p\u00e5g\u00e5ende prosess. Selv om de eksisterende kontrolltiltak ertilstrekkelig trenger du regul\u00e6rt \u00e5 overpr\u00f8ve om noe har endret seg som kan hainnvirkning p\u00e5 risikoen sp\u00f8rsm\u00e5l du har identifisert.   N\u00e5r foresl\u00e5tt kontrollene er fullf\u00f8rt revurdere risikoen ved \u00e5 foreta vanlige risikovurderinger og vurdere framdriften for og effekten av valgte risiko strategier.   N\u00e5r foresl\u00e5tt kontrollene er fullf\u00f8rt revurdere risikoen ved \u00e5 foreta vanlige risikovurderinger og vurdere framdriften for og effekten av valgte risiko strategier.   **[RISIKO ANALYSE MATRISE](http://media-cache-ec0.pinimg.com/originals/41/97/49/41974968fb8080c6a21e9347a80bdfd1.jpg)**   **[RISIKO TYPER](http://www.smallbusiness.wa.gov.au/insurance-risk-management-plan/)**   Niv\u00e5 og typen risiko som du m\u00e5 vurdere varierer avhengig av typen virksomhet duopererer. Det er imidlertid vanlige kategorier som du kan bruke til \u00e5 veilede dintenkning og utvikling av din risikostyring plan. De vanligste virksomhet risikokategoriene er som f\u00f8lger:   **Kommersielle:** inkluderer risikoen forbundet med Markedsplassering, vekst,diversifisering og kommersiell suksess. Dette gjelder den kommersielle levedyktighetenav et produkt eller tjeneste, og strekker seg gjennom for oppbevaring og deretter vekstav en kundebase.   **Samsvar / juridiske:** inkluderer juridiske krav som lover, forskrifter, standarder,forskrifter og kontraktskravene. Denne kategorien strekker seg ogs\u00e5 til samsvar medflere \"\"regler\"\" som retningslinjer, prosedyrer eller forventninger som kan angis avkontrakter, kunder eller det sosiale milj\u00f8et.   **\u00d8konomisk:** inkluderer kontantstr\u00f8m, budsjettmessige krav, skatteforpliktelser, kreditorog debitor, godtgj\u00f8relse og andre generelle ledelse bekymringer.   **Helse &amp; sikkerhet:** omfatter sikkerhet for alle knyttet til virksomheten. Dette utvider frapersonlige sikkerhet, arbeidsplass sikkerhet, offentlig sikkerhet og sikkerhet oghensiktsmessigheten av produkter eller tjenester levert av virksomheten.   **Driftsmilj\u00f8:** inkluderer tap eller skade p\u00e5 ulykker eller naturkatastrofer som brann, flom,hagl eller stormer. Kan utvide til eiendommen skader for\u00e5rsaket av burst vannr\u00f8r ellerstr\u00f8mbrudd.   **Rykte:** inneb\u00e6rer trusselen mot omd\u00f8mmet til virksomheten p\u00e5 grunn av utf\u00f8relsen avforetaket som helhet, levedyktigheten til produktet eller tjenesten ellergjennomf\u00f8ringen av ansatte eller andre personer knyttet til virksomheten.   **Strategisk:** inkluderer planlegging, omr\u00e5demaskinen og ressurser kravene foretablering, opprettholde og/eller vekst i virksomheten.   **Operative:** dekker planlegging, operative aktiviteter, ressurser (inkludert mennesker) ogkreves i driften av en virksomhet som resulterer i den vellykkede utviklingen oglevering av et produkt eller tjeneste.   **Tjenesten levering:** gjelder levering av tjenester, inkludert kvaliteten oghensiktsmessigheten av tjenesten, eller m\u00e5ten som et produkt leveres, inkludertkundeservice samhandling og ettermarked.   **Prosjekt:** inkluderer h\u00e5ndtering av utstyr, \u00f8konomi, ressurser, teknologi, tidsrammer ogpersoner knyttet til forvaltningen av prosjekter. Det utvider interne operativeprosjekter, prosjekter knyttet til forretningsutvikling og eksterne prosjekter som degjennomf\u00f8rt for klienter.   **Sikkerhet:** omfatter total sikkerhet i forretningslokaler, eiendeler og mennesker, ogstrekker seg til sikkerheten for informasjon, immaterielle og teknologi.   **Utstyr:** utvider til utstyret som brukes for drift og gjennomf\u00f8ring av virksomheten. Detinkluderer den generelle driften av utstyr, vedlikehold, hensiktsmessighet, avskrivning,sikkerhet og oppgradering.   **Teknologi:** inkluderer implementering, administrasjon, vedlikehold og oppgraderingertilknyttet teknologi. Dette gjelder ogs\u00e5 anerkjenner behovet for og kost-nytteforbundet med teknologi som en del av en utvikling forretningsstrategi.   **Interessenth\u00e5ndtering:** gjelder styring av interessenter, og inkluderer identifisere,etablere og opprettholde en passende forhold. Dette inkluderer b\u00e5de interne ogeksterne interessenter.   **F\u00e5 Mer Informasjon @ [http://dymanassociatesprojects.com/](http://dymanassociatesprojects.com/)**\""}
{"_id": "297722", "title": "", "text": "I would say you can ignore calls but not a summons.  You can send a drop dead letter at anytime too if they keep calling. Here is an example one.  http://www.fdcpaclaims.com/gathering-evidence-to-win-my-fdcpa-claim/what-constitutes-abuse-of-the-fdcpa/sample-drop-dead-letter/ John Oliver, on a show not too long ago, illustrated very plainly that this can be passed around from 3rd party to 3rd party with no evidence that you even owe money.  And every time a new third party gets word that you might owe money a whole new round of calling could begin. So off topic but... If they decide to take it to court and you do not show, the court rules against you and you will owe the money even if you didn't.  It's absolutely crazy. Never ignore a court summons."}
{"_id": "297724", "title": "", "text": "Its a toss up. $15k is obviously huge for a startup, but depending on what they do, with google being the first way so many people look for something, a great website with wonderful SEO might mean so many more people will find you. Compare it to buying a half page ad in the yellow pages 15 years ago. It might have a very quick ROI"}
{"_id": "297725", "title": "", "text": "Shifting money from one person to another does not increase overall spending, and it definitely does not increase the amount of productive work done.  New or expanding businesses create new jobs, and increase overall wealth.  If rich people really sit on vaults full of cash, as you imply, it would have a deflationary effect, increasing the real wages of the poor. This does not happen, however. Rich peoples' wealth will either be spent, invested, or given away, the same as the poor do with their money."}
{"_id": "297726", "title": "", "text": "Going into a business with the potential to grow is the high risk/high reward option. If it pans out, you could do brilliantly, but there's a very real chance you'll work like a dog for years and have nothing to show for it at the end other than debt. Even if the business is successful, if you aren't careful with the structure, you might not benefit.  Do all the research you can, so you can understand the risks and opportunities as much as possible. Then you can evaluate whether it's worth it.  Welding is something you can always go back to if the business doesn't pan out. If you go with the business plan, have some criteria for success or failure. Don't end up caught in the sunk costs fallacy. If the business isn't going to provide a better life than working, pull the plug early."}
{"_id": "297739", "title": "", "text": "If you'll actually read the quote, they've invested substantial amounts of money in modernization, including route optimization, machine automation, and facility consolidation. The only thing antiquated about their approach is that they remain attached to an arbitrary mandate that forces them to be inefficient because congress knows nothing about logistics and operates purely on the grounds of sentimentality, not the best interest of their constituents.  Well, uniform pricing is part of their mandate. Price, wage, and quality uniformity are staples of marxist dogma.  https://en.m.wikipedia.org/wiki/United_States_Postal_Service  https://en.m.wikipedia.org/wiki/United_States_Postal_Service#cite_note-3  &gt; The USPS is legally obligated to serve all Americans, regardless of geography, at uniform price and quality.  There is no compelling reason why they should pay the same and charge the same across the US. The labor market varies accross the US, as do conditions that affect timely delivery. Pretending that this is not a fact is the exact reason why the postal service is repelling customers and posting multibillion dollar deficiets every year, at our expense."}
{"_id": "297764", "title": "", "text": "\"Leverage means you can make more investments with the same amount of money.  In the case of rental properties, it means you can own more properties and generate more rents.  You exchange a higher cost of doing business (higher interest fees) and a higher risk of total failure, for a larger number of rents and thus higher potential earnings. As with any investment advice, whenever someone tells you \"\"Do X and you are guaranteed to make more money\"\", unless you are a printer of money that is not entirely true. In this case, taking more leverage exposes you to more risk, while giving you more potential gain.  That risk is not only on the selling front; in fact, for most small property owners, the risk is primarily that you will have periods of time of higher expense or lower income.  These can come in several ways: If you weather these and similar problems, then you will stand to make more money using higher leverage, assuming you make more money from each property than your additional interest costs.  As long as you're making any money on your properties this is likely (as interest rates are very low right now), but making any money at all (above and beyond the sale value) may be challenging early on.   These sorts of risks are magnified for your first few years, until you've built up a significant reserve to keep your business afloat in downturns.  And of course, any money in a reserve is money you're not leveraging for new property acquisition - the very same trade-off.  And while you may be able to sell one or more properties if you did end up in a temporarily bad situation, you also may run into 2008 again and be unable to do so.\""}
{"_id": "297831", "title": "", "text": "People typically present themselves to be as wealthy as possible to banks and as poor as possible to the government at tax time.  Gross income is really the most reliable number for most folks. Your and your employer are required by law to report an accurate gross income figure annually. Anything else is totally situational.  All they are doing anyway is computing your total debt-to-income ratio and mortgage-to-income ratio. The government agencies that buy mortgages, the big bank that buys the mortgage or the self-underwriting bank has differing standards for different products."}
{"_id": "297836", "title": "", "text": "\"No, it doesn't really matter at all.  This guy can spend $5 million a year for the rest of his life and still die being worth nine figures.  I guarantee you that tiny things like \"\"losing out on a couple of months interest\"\" will _never_ be a problem for him.\""}
{"_id": "297841", "title": "", "text": "How do I account for this in the bookkeeping? Here is an example below:  This is how you would accurately depict contributions made by an owner for a business. If you would want to remove money from your company, or pay yourself back, this would be called withdrawals. It would be the inverse of the first journal entry with cash on the credit side and withdrawals on the debited side (as it is an expense).  You and your business are not the same thing. You are two different entities. This is why you are taxed as two different entities. When you (the owner) make contributions, it is considered to be the cash of the business. From here you will make these expenses against the business and not yourself.  Good luck,"}
{"_id": "297877", "title": "", "text": "Real estate. The value of the house where I live going up 15% per year! From 2004-2009. Sold for $92k in 1980 now valued at $524k. Twice the rate of inflation in that timeframe.   None of it makes sense nor is it sustainable = asset bubble. In my zip code the median income is $162k and median house value $808k (Source: US Census Bureau, American Community Survey 2012). That averages out 5x annual income.   In LA and Las Vegas that ratio is even worse, where most of these HELs and HELOCs are going to blow up. This article is accurate. People use these loans to replace their stagnating or falling wages. And its a lot of people."}
{"_id": "297878", "title": "", "text": "&gt;Says who?  Says the business that created the position.  Are they looking for someone to work all day, every day, and therefore require a full salary that supports adult life? Or are they looking for someone to cover a 4 hour shift a few nights a week in their spare time?  &gt;Companies could easily cut a third of their workers and increase hours...  Why would they do that? That's a horrible business move.  If the job you need done is unskilled and no-responsibility, it just makes sense to hire teenagers and students to do it. They want beer money, and you want a simple job done cheap. Everyone wins.  Aldis, Costco, etc have different business models. They pay more to attract better employees, but not every business follows their model - nor could they.   As I said before, the problem is that we have a lack of actual full time jobs available. Not that fast food places pay beer money or refuse to turn register positions into career opportunities.  You can't empathize your way out of reality."}
{"_id": "297892", "title": "", "text": "Used in our daily activities goes out the house and acquire different things which our family wants. But since the economy isn't doing well these days, thinking about the High dividend stocks is important. One factor that must be taken into account could be the expense.   If you're accustomed with buying what you see without even looking at the package price, you better customize the way you live your life. Perseverance is incredibly essential for you to be able to find the high dividend stocks. If possible, you need to seek a cheaper alternative on the pricey items you used to purchase. Be patient and save cash!"}
{"_id": "297898", "title": "", "text": "I just wanted to add one factor to the other answers. The cost of maintenance etc. is not a fraction of the cost of financing - it is more likely a fraction of the value of the house, and a function of its age. If you say you need to replace a roof every 25 years, and that costs $10,000 (depends on the size of the house, obviously), then you need to set aside $400 a year for roof repair. Other costs (painting, flooring, kitchen, bathrooms, water heaters, heating, AC, yard upkeep etc) can be roughly estimated in the same way. A rule of thumb is 1% of the value of the house per year to cover all big-ticket maintenance. If you pay 4% mortgage, that would increase the reserve by 25%; but if interest rates rise, the fraction may be smaller (I remember paying over 10% mortgage...). In general, whether keeping a property for long term rental income (with the potential for appreciation - but prices can go up and down) is a good idea will largely depend on your ability to predict future costs and value. If you have a variable mortgage, that will be harder to do."}
{"_id": "297900", "title": "", "text": "If you were married the 250K protection can be expanded by the use of joint and individual accounts. A separate limit also exists for IRA accounts.  With out those options you will have to put some additional money into another banking institution. This could be a bank or credit union. You have to be careful to make sure that any additional accounts have FDIC or NCUA (for Credit Unions) coverage. Some banking institutions try and turn customers to non-covered accounts that are either investment accounts or use a 3rd party to protect them. You could also use it to invest in US government bonds through Treasury direct. Though for just the few months that you will be in the excess position it probably isn't worth the hassle of treasury direct."}
{"_id": "297913", "title": "", "text": "\"It's not hard, but it requires effort, and understanding what one is looking at. The social networks aimed at geeks failed or are not exposed to failure (Google+ would be the poster boy) so I assume this network would appeal at general users.    The assumption that the general user  1. detects what's happening 2. understands \"\" \"\" 3. cares about \"\" \"\"  doesn't hold water. The pool of users with the three characteristics is small, and their attention span is also limited because it's not their own work and they want to be users.\""}
{"_id": "297918", "title": "", "text": "As someone who plans on going into academia to research neural networks and machine learning, people sometimes comment about how I'll be a poor post-doc into my 30s. Though true, somehow, I'm pretty sure I'll be the one getting the last laugh."}
{"_id": "297929", "title": "", "text": "\"Employers generally prefer to hire someone already working in the same position because they don't want to invest in training (and because they don't know what else they should be looking for when they hire instead).   While this might make sense on the surface, it fails to take into account that they are in fact paying for this prior training (i.e., experience) through higher starting salaries as well as productivity losses through [imperfect portability of prior work experience](http://sloanreview.mit.edu/article/when-stars-migrate-do-they-still-perform-like-stars/).   This game of hiring musical chairs punishes both new graduates and job seekers who by default lack the \"\"right\"\" work experience because they're working in jobs for which they are [considered overqualified](http://www.businessinsider.com/millennials-overqualified-for-their-jobs-2014-7).   Sure, you can blame them for not getting the right internships, but this ignores how competitive getting an internship is and how [companies are disincentivized to hire interns](http://www.entrepreneur.com/article/234439) in the first place.\""}
{"_id": "297933", "title": "", "text": "I think you just pulled that from your backside. I can assure you, a large amount of tax leaves the countryside and gets sucked into the cities. Besides that, most rural roads are in bad shape, as is the power infrastructure so tell me where is the subsidy? I also pay a fortune for internet, no subsidy there either. So your gloss over, cover all, statement is false."}
{"_id": "297938", "title": "", "text": "You should check several things: How your business can deduct your child care expenses is beyond me. If your mother-in-law starts a business as a neighborhood babysitter, she might get some deductions for her related expenses though."}
{"_id": "297939", "title": "", "text": "Sears Holdings (parent company of Sears, Kmart &amp; part owner of lands end) is NOT a retail company. They do not care about your shopping experience.  It's a hedge fund trying to bleed the most 'shareholder value' from a stone.  (The stories I could tell about that POS system... where I allowed)"}
{"_id": "297950", "title": "", "text": "\"Someone posted a very insightful article on reddit a while back that basically explained the whole cable pricing model and why \"\"a la carte\"\" wouldn't work (or would be so prohibitively expensive that nobody would go for it).   IIRC, the breakdown was that basically a few super popular channels and live sports in the standard $100/mo package helped \"\"subsidize\"\" the rest of the less popular channels.      Most of the niche channels probably couldn't exist in an \"\"a la carte\"\" environment unless they were ridiculously cheap... and if they were ridiculously cheap, they wouldn't be able to generate enough revenue to stay afloat.   Also - how would the pricing work?  Could I \"\"subscribe\"\" to AMC for 1 hour a week to watch Mad Men?  Or would I be locked into subscribing for a minimum of a day / week / month?      IMHO, what makes more sense is to allow people to subscribe to individual shows like RSS feeds.\""}
{"_id": "297965", "title": "", "text": "\"Some benefits of having a business checking account (versus a personal checking account) are: The first 3 should be pretty easy to determine if they are important to you. #4 is a little more abstract, though I see you have an LLC taxed as a sole proprietorship, and so I'm guessing protecting your personal assets may have been one of the driving reasons you formed the LLC in the first place. If so, \"\"following through\"\" with the business account is advised.\""}
{"_id": "297966", "title": "", "text": "To piggyback on a comment that @enderland posted, if you have some extra cash saved, something worth considering is to evaluate your current retirement accounts to determine future tax liability. In Canada, there exist Roth IRA-like Tax Free Savings Accounts (TFSA) which are pre-taxed (meaning that you pay all taxes up front when you deposit monies to this account rather than when you withdraw them during retirement after they have grown in interest). Depending on the type of account your retirement funds are currently held in, it might be financially advantageous of you to save your extra money in a short term savings account, transfer your current retirement savings from a post-tax account to a TFSA and use that extra money to pay off any immediate tax liability incurred as a result of the transfer.  You will have to run the numbers yourself to determine if your retirement account setup, balance and interest justifies this route but given your age there is a fairly high chance that you can end up saving many tens of thousands of dollars in taxes that might be otherwise be due when you retire."}
{"_id": "297971", "title": "", "text": "\"&gt; I'm not aware of anyone making a screening tool that can integrate all of these things simultaneously. What is the best environment to create a tool like this?  Everyone has one but they're all proprietary. Most common new stuff I've seen in the HF space are C# or Python. R is growing significantly in the space, but it lends itself to one-off data analysis better than writing large applications that have to do a lot of other \"\"stuff\"\", where Python's module universe is more exhaustive.  Everyone is going to recommend whatever languages *they* are comfortable with, but the correct answer is probably whatever *you* are most comfortable with.\""}
{"_id": "297975", "title": "", "text": "I don't know anything about Australian tax law, the Australian real estate market, or your parents' ability to repay the loan. However, no matter what the answers to those questions are, I do not recommend that you go through with this.  The reason is the risk. Usually, with an investment, you are risking the money that you invest. However, with this investment, you are not only risking the money; you are also risking both you and your fianc\u00e9's relationship with your parents.  If your parents have trouble paying back this money in a few years when you need it for your house, how will that affect how you feel about your parents? How will that affect how your fianc\u00e9 feels about them? It will make family gatherings very awkward for everyone at least. Don't put family harmony at risk for the sake of an extra 2.8% return. There are other ways to invest that risk only money."}
{"_id": "297994", "title": "", "text": "\"Why is it that people who know nothing about games constantly attempt to write about them? Games as a subscription service is a stupid idea for oh so many reasons.  As an aside  &gt;\"\"Pay $10 per month month, and immediately gain the ability to download over 100 games. Unlike Netflix, you're not streaming games \u2014 you outright download them.\"\".  No shit, because streaming something the size of GTA V would be a phenomenally stupid idea.\""}
{"_id": "298009", "title": "", "text": "\"VAT = Value Added Tax (as an Aussie think \"\"GST\"\") This is applicable in Britain. Basically, if you were in Britain, and if you could claim VAT as a deduction, that invoice is not sufficient proof to make the claim. But you're in Oz so it doesn't apply to you in any case. For work-related deductions like book purchases, see http://www.ato.gov.au/individuals/content.asp?doc=/content/00216829.htm&pc=001/002/068/001/002&mnu=&mfp=&st=&cy=1  Issues such as the books being second hand or purchased online are not cited in the instructions as relevant/limiting factors. In fact, if you really want to get into the nitty gritty, you could claim the work-related proportion of your internet access fees as a deduction (question D5 instructions, above, cover that as well).\""}
{"_id": "298014", "title": "", "text": "\"I work for a health billing company. It is completely the provider's responsibility to bill your health insurance in a timely manner if they have your health insurance information on file (it sounds like they did). If you can gather a copy of your EOB (Explanation of Benefits) from your health insurance, it will likely say something to the extent of: \"\"claim was submitted after the timely filing limit, therefore no payment was made. The patient is not liable for the remaining balance.\"\" Don't let the hospital/physician bully you into paying for something they should have submitted to the insurance in the first place.\""}
{"_id": "298030", "title": "", "text": "Business is a really broad category of disciplines that no one book could ever possibly cover.   Given your background in psychology though, you might be into marketing or behavioral economics. Try out **Switch: How to Change Hard Things When Change is Hard** by  Chip and Dan Heath.   Also, try out Planet Money episodes."}
{"_id": "298034", "title": "", "text": "I liked some of the video and I think you could do a lot worse.  But I also thought at times he made statements seem like they were agreed on outcomes/a known certainty , when they were really his opinion."}
{"_id": "298039", "title": "", "text": "You should also mention that the maidan was very unpopular in east ukraine and seen as encouraged by the west, as a possible expansion of NATO into the neutral zone. The situation is not easily distilled into pure Russian aggression. Many of them actually prefer authoritarian govt."}
{"_id": "298046", "title": "", "text": "##Glass\u2013Steagall legislation The Glass\u2013Steagall legislation describes four provisions of the U.S. Banking Act of 1933 separating commercial and investment banking.  The article 1933 Banking Act describes the entire law, including the legislative history of the provisions covered here.  (The common name comes from the names of the Congressional sponsors, Senator Carter Glass and Representative Henry B. Steagall. A separate 1932 law described in the article Glass\u2013Steagall Act of 1932, had the same sponsors, and is also referred to as the Glass\u2013Steagall Act.)  The separation of commercial and investment banking prevented securities firms and investment banks from taking deposits, and commercial Federal Reserve member banks from:  dealing in non-governmental securities for customers  investing in non-investment grade securities for themselves  underwriting or distributing non-governmental securities  affiliating (or sharing employees) with companies involved in such activities  Starting in the early 1960s, federal banking regulators interpretations of the Act permitted commercial banks, and especially commercial bank affiliates, to engage in an expanding list and volume of securities activities.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"_id": "298053", "title": "", "text": "Does the thought of finding Auckland parking get your stress levels peaking? If you\u2019re nodding in agreement, say farewell to parking anxiety with Inugo. Not only can this parking app help you find a carpark in the City of Sails, but it also saves you time and extra cash. Simply type in the location you want to find parking in and Inugo will display a single-view map of available parking locations and prices."}
{"_id": "298059", "title": "", "text": "\"I 100% agree with you.  I didn't want to steer the conversation down that path.  I am in no way disregarding your comment here, but in the spirit of keeping this conversation on a linear track...  What I am trying to get across is \"\"in many cases, Corp BK laws are being used in a way that was not the original intent of the laws\"\".  Now I agree that Copr and Personal BK laws have been legislated and morphed in part due to lobbyist and corporate interest - but I wasn't even going to even open that can of exploding worms.\""}
{"_id": "298065", "title": "", "text": "The big problem with your argument is the 10% per year figure, because in the long term (especially if adjusted for inflation) the prices have not been going up nearly that fast. Here is a site with some nice graphs for prices over the last 40 years, and it's pretty clear to see that pretty much just what you were talking about happened, prices outpaced the ability of people to pay, which progressively locked out more and more first time buyers, and eventually that breaks the cycle, pops the bubble, and the prices adjust. There is always of course the choice to NOT buy a house, and just rent, or if you had the feeling that you are near the top of a bubble, SELL and go back to renting.  It's interesting to note that in general, rental rates did not increase at nearly the same pace as the prices in the recent bubble. (which of course made it harder for anyone who bought 'investment' properties in the recent 8 years or so to cover their payments via rental revenue.)"}
{"_id": "298072", "title": "", "text": "Thank you! I wish I had some friends here to celebrate but I moved here for a relationship and a job. I had to pass to keep my job so I have been studying since I got here. The guy broke up with me three weeks ago so here I am."}
{"_id": "298087", "title": "", "text": "i suppose you have two choices then: vote for him, and prove him wrong, or vote for the other guy(s) and prove him right.   he's the only one talking about *cutting* government spending. everyone else seems content to tinker about the edges, or is proposing spending increases."}
{"_id": "298089", "title": "", "text": "I started a group last year called The Creative Coalition of Southern Illinois, our aim is to help artists network and collaborate with other artists. We also provide classes and set up local events. Something like that would be of interest to me as my group is still quite unorganized and would love to learn how to organize things better. I'm also interested in setting up systems/networks to help artists find jobs.  I'm open to many different types of art start ups, I love art and would enjoy being involved in most projects. What do you know of?"}
{"_id": "298099", "title": "", "text": "\"These sort of issues in structuring your personal finances relative to expenses can get complicated quickly, as your example demonstrates.  I would recommend a solution that reduces duplication as much as possible- and depending on what information you're interested in tracking you could set it up in very different ways. One solution would be to create virtual sub accounts of your assets, and to record the source of money rather than the destination.  Thus, when you do an expense report, you can limit on the \"\"his\"\" or \"\"hers\"\" asset accounts, and see only the expenses which pertain to those accounts (likewise for liabilities/credit cards). If, on the other hand, you're more interested in a running sum of expenses- rather than create \"\"Me\"\" and \"\"Spouse\"\" accounts at every leaf of the expense tree, it would make much more sense to create top level accounts for Expenses:His:etc and Expenses:Hers:etc.  Using this model, you could create only the sub expense accounts that apply for each of your spending (with matching account structures for common accounts).\""}
{"_id": "298103", "title": "", "text": "\"What interests me in the article is the way California seems to be quite happy to be losing people who pay taxes because the state can so easily attract new warm bodies. What happens to a state when there is no incentive to retain its people?   It struck a cord with me because I've been reading about the history of mining. If an industry can always bring in newer, poorer people, conditions for those working in that industry will never rise. In mining, conditions can be so bad that you can almost think of it as if the workers are expendable. Working conditions can be so bad that many die each year and nobody seems to care because if one group of workers gets a little uppity, management simply starts importing them from another country.   You can disagree but I see a parallel with California.Sure one is an industry and one is a country but this is a state that seems more than the rest of the country to depend on cheap Mexican labor. As Mexico stopped breeding people for export, California begin to simply import new slave labor from Honduras or any other place that still exports people as though they were only cattle. Of course this makes it difficult for those who came in an earlier wave to improve quality of life. In fact, life gets harder and grittier. Just look at what happened to the world class famous free public education in California. Yeah, distant memory now.   I also wonder if allowing California to ignore national immigration law, is good for the rest of the nation. What about this quote:  \"\"Also, more than 30% of the nation\u2019s welfare recipients are Californians \u2013 even though California has just 12% of the nation\u2019s population.  It is not surprising, therefore, that California is ranked number one in poverty.\"\"  California has so many electoral votes that I don't expect to see them prosecuted by the federal government (like AZ) no matter what they do. The state is too big to piss off. But it is becoming a cancer to the rest of the nation?\""}
{"_id": "298108", "title": "", "text": "\"If you have maxed out your IRA contribution for 2017 already (and it all went into your Roth IRA), then, until the 2017 Tax Day in April 2018, you can remove any part of this contribution (and the earnings therefrom) from your Roth IRA without any tax consequences or penalties. If you discover in early 2018 that you are not eligible (or only partially eligible) to contribute to a Roth IRA, then of course you must remove all (or part) of your 2017 contributions (and the earnings therefrom) from your Roth IRA by the 2017 Tax Day in April 2018. Indeed, if you have filed for an extension of time to submit your 2017 tax return, then you have until the extended due date to make the withdrawal. As NathanL's answer points out, for 2017, you and withdraw and re-contribute \"\"as many times as you like\"\" though if you push this idea to excess with the same IRA custodian, the custodian may start charging fees.  Note that IRS Publication 590b says in the Roth IRA section, Withdrawals of contributions by due date.   If you withdraw contributions (including any net earnings on the contributions) by the due date of your return for the year in which you made the contribution, the contributions are treated as if you never made them. If you have an extension of time to file your return, you can withdraw the contributions and earnings by the extended due date. The withdrawal of contributions is tax free, but you must include the earnings on the contributions in income for the year in which you made the contributions. Now, if in the middle of all these transactions, you need to take a distribution from your Roth IRA during 2017 (say because you have a cash flow problem), then it makes a lot of sense to first withdraw all your 2017 contributions and the earnings therefrom. If more money is needed, than you can take a distribution from your Roth IRA. What the distribution consists of is described in great detail in Publication 590b and you might have to pay a tax penalty for a  premature distribution depending on how much the distribution is. (The first dollars coming are assumed to be previous contributions in the order in which you made them and these are tax-free and penalty-free; after that the rollover and conversion amounts start to come out and are penalized if they have not spent 5 years in the IRA etc) But you can put the money back into your Roth IRA within 60 days and avoid penalties.  Important Notes regarding rollover transactions:\""}
{"_id": "298115", "title": "", "text": "More simply - Bezos isn't saying you shouldn't get a patent, and use it. He's saying you shouldn't be able to get certain types of patents. He's not calling his competitors unethical for using patents against him. He's saying the game is at fault, not the players."}
{"_id": "298128", "title": "", "text": "Neal Neilinger is registered with the SEC as an Investment Consultant, which is defined as someone who is paid out to offer advice about securities. Investment consultants can also be paid to manage expense portfolios or offer economic planning expert services. Other terms commonly used for investment consultants include Investment Advisor Associate (IAR) and Authorized Investment Advisor (RIA)."}
{"_id": "298143", "title": "", "text": "The thing is though is even if Floyd goes broke, he can just come out of retirement and make another $100 mil on another fight. Tons of people would pay to see it. He will always be able to get money if he wants."}
{"_id": "298147", "title": "", "text": "Every attractive piece of children\u2019s furniture isn\u2019t expensive. If you are looking to strain the best in the market, try SGA Furniture\u2019s cheap kid\u2019s beds section. Increase sales at your store the SGA way. Visit us at www.sgaust.com.au or Email us today at info@sgaust.com.au for more info."}
{"_id": "298154", "title": "", "text": "I used to be both a customer of theirs, and of NetBank.  When ING bought NetBank, I felt like they handled the transition very poorly from a customer-service standpoint.  I felt like they didn't really value me as a customer, and they didn't do anything to make the transition easy for me. For that reason, I decided to pull my money out from all of my accounts I had with them, and I have never looked back. I now get considerably better rates with a high-yield rewards checking account at my local brick & mortar bank.  I am still able to pay bills online, or mail checks into my local bank if I don't want to physically go to a branch or ATM."}
{"_id": "298159", "title": "", "text": "To a certain extent, this is fallout from international companies cutting orders for hardware due to NSA concerns. Cisco orders have been cut in England, Most of continental Europe, China, etc. IBM is also having lots of orders cut and MS is feeling the pressure too. There have been numerous articles on this in the last year, and here is one of those.  http://www.zdnet.com/ciscos-nsa-problem-is-going-to-whack-all-of-us-techs-growth-plans-7000029495/  NSA spying has real World consequences in business. Another: http://www.nytimes.com/2014/03/22/business/fallout-from-snowden-hurting-bottom-line-of-tech-companies.html?_r=0"}
{"_id": "298171", "title": "", "text": "It's easier to get approval for a smaller loan, and more down means less borrowed.  Also, more down means more they can recover if they have to foreclose."}
{"_id": "298178", "title": "", "text": "Has the monitoring stopped now that you are at a new bank?   Presumably it has. If it has stopped, then let it go.  Its your mom and while the relationship might be somewhat dysfunctional, it is the only mother relationship you have.  Do you really want her criminally prosecuted?  She may have done you a favor by pointing out the security loop holes present in your old bank.  Thanks mom!"}
{"_id": "298179", "title": "", "text": "\"Maybe just put all his correspondence back in the Post Box and mark it   \"\"Wrong address\"\"? Precisely. Without opening. Just tell the postman that that person doesn't live there and have it returned to sender. The Revenue will figure it out. Most definitely do not accept any certified or registered mail not addressed to you personally.\""}
{"_id": "298206", "title": "", "text": "First, what is waste?  Is waste defined purely as financial waste?  If we were to choose this definition, running electricity to houses is ridiculously wasteful.  Same with running water.  It\u2019d be easier to setup hubs for every resource and ship them to the hubs.  People can either pay more for personal delivery, or can come to the hub to get their resources.  That would be financially efficient."}
{"_id": "298224", "title": "", "text": "Using the following values: The formula for the future value of an annuity due is d*(((1 + i)^t - 1)/i)*(1 + i) See Calculating The Present And Future Value Of Annuities In an annuity due, a deposit is made at the beginning of a period and the interest is received at the end of the period.  This is in contrast to an ordinary  annuity, where a payment is made at the end of a period. The formula is derived, by induction , from the summation of the future values of every deposit.  The initial value, with interest accumulated for all periods, can simply be added. So the overall formula is"}
{"_id": "298257", "title": "", "text": "In case you feel be driven around, make sure to opt for good and quick Heathrow airport taxi services. Enjoy the services and professionalism standards and go for a risk free, safe and comforting ride and relish the beauty and splendour of the destination to the core. @ https://medium.com/@jatransfer/hire-an-airport-taxi-for-convenient-travelling-a0649a119ef1"}
{"_id": "298284", "title": "", "text": "When you short a stock and the stock goes ex-div. you have to pay out an amount equal to the dividend. So in your example, GG would short the stock at $10.00, buy back at $9.00 and be charged $1.00 for the dividend. Net effect $0.00."}
{"_id": "298308", "title": "", "text": "Use the chrome extension called Xray - the complete article is below  Why Goldman Sachs Seized a Client\u2019s 217-Foot Yacht Wall Street banks\u2019 latest gold rush is making loans to wealthy clients; collateral includes Warhol and rare wine collection The yacht \u2018Natita\u2019 is listed for $39.9 million. The yacht \u2018Natita\u2019 is listed for $39.9 million. PHOTO: DUTCHMEGAYACHTS By Liz Hoffman Aug. 10, 2017 5:30 a.m. ET 158 COMMENTS Goldman Sachs Group Inc. GS 0.33% owns hundreds of billions of dollars of stocks, bonds and commodities. Add to its portfolio: a 217-foot luxury yacht called Natita.  The story behind the boat begins with a 2014 loan to a prized Goldman client, billionaire Texas oilman William Kallop. It ends with Goldman suing its own client and the U.S. Marshals last month swooping down on a West Palm Beach marina to impound the yacht\u2014which boasts a movie theater, Jacuzzi and helipad.  Goldman\u2019s nautical trophy is a strange but inevitable outcome of Wall Street\u2019s latest gold rush: lending to wealthy clients, the loans backed by everything from Warhols to wine.  These loans, which are growing quickly at firms such as Goldman, Morgan Stanley and UBS Group AG, are an exotic spin on the most basic thing banks do: lending money to people. They have the added benefit of building loyalty among prized, ultrawealthy clientele.  RELATED  Wall Street Needs You to Borrow Against Your Stock (July 27) Like any loans, though, they can go bad and leave banks holding assets that aren\u2019t easy to value or sell. Goldman will likely auction Natita, which already has been on the market for almost two years with no takers.  A Goldman spokesman declined to comment on the case. Mr. Kallop didn\u2019t respond to requests for comment. A lawyer for Mr. Kallop declined to comment.  \u201cIf you do it right, it\u2019s a great business and clients will absolutely love you for it,\u201d said Bruce Holley, a partner at the Boston Consulting Group who advises private banks on wealth-management strategy. \u201cBut there are a lot of ways to mess up.\u201d  Banks pushed wealth lending in recent years against a backdrop of increasing deposits and tepid demand for traditional loans. Goldman\u2019s private bank has quadrupled its overall lending balances since 2012 to $29 billion. Morgan Stanley wealth-loan balances are up 420% since 2012 to $74 billion.  The largest chunk of wealth loans are mortgages and loans backed by stock portfolios. A smaller but growing segment is secured by valuables such as classic cars, hedge-fund stakes, and even rare violins.  Wealth loans are especially profitable for banks because the revenue they generate is shared less generously with brokers than trading commissions and other fees.  Banks say these loans are safe because they already know the borrowers, their assets, and their ability to repay. And unlike, say, credit cards, these loans have collateral and often a personal guarantee as well. Goldman said in a February filing that the value of collateral in its wealth loans \u201cgenerally exceed[s]\u201d the loan amount.  Morgan Stanley and Deutsche Bank AG have lent against the art collection of hedge-fund billionaire Steven A. Cohen, who owns works by Andy Warhol and Pablo Picasso, according to Connecticut state filings. Top Blackstone Group LP executives including founder Stephen Schwarzman have borrowed from UBS against their stakes in the private-equity firms\u2019 funds, New York filings show.  Goldman lent to natural-gas wildcatter Aubrey McClendon against his wine collection, according to an Oklahoma filing. Executives joked the collateral was \u201cparticularly liquid.\u201d After Mr. McClendon\u2019s death in 2015, the collection\u2014heavy on rare Bordeaux\u2014was auctioned for $8.4 million. Goldman made its money back.  Although not as well-known as those borrowers, Mr. Kallop was the kind of client whom private banks court.  In the 1970s, he joined a family-owned marine-services company called McAllister Towing &amp; Transportation. A legal dispute in 1993 resulted in a split of the company. The tugboat and ferry operations stayed with the family. Mr. Kallop took the offshore oil business, which he built over the next two decades into a portfolio of drilling rights, rig operators and construction arms.  He sold the business for nearly $1 billion in 2009 to a consortium of Colombian and Korean investors. Mr. Kallop then dabbled in investing, taking a 7% stake in energy company Quicksilver Resources and buying a 300-year-old liquor distillery in Peru.  He spent lavishly, acquiring three Gulfstream jets and at least eight residences, including a Peruvian mansion, two homes in the Dominican Republic and a working cattle ranch in Texas, according to property record, lawsuits and people who have worked for him.  And he bought yachts\u2014at least seven of them over the past eight years.  In addition to Natita, which he bought in 2010 and named for his mother-in-law, Mr. Kallop\u2019s fleet includes Bad Girl, moored in the Dominican Republic, and Honey Fitz, a 93-footer used by President John F. Kennedy that he bought at Sotheby\u2019s Camelot auction in 1998 and restored.  Another yacht, La Diva, which was once owned by Ivana Trump, was destroyed in a fire.  A few years ago, Goldman came calling. The Wall Street firm\u2019s private bank manages some $450 billion in assets for 11,500 ultrarich clients, and was developed in the 1980s to help business owners like Mr. Kallop manage their windfall after a sale.  Mr. Kallop became a client. In 2014, he borrowed $21.2 million from the bank to buy a 12,000-square-foot Tahitian-inspired oceanfront mansion just down the beach from Mar-a-Lago, President Donald Trump\u2019s private club in Palm Beach, Fla., county records show.  In 2014, Mr. Kallop borrowed $32 million from Goldman against the Natita and Bad Girl, court records show. The loan, the maritime equivalent of a home-equity loan, carried an interest rate of three percentage points above the London interbank offered rate.  But then Mr. Kallop hit money troubles, according to former employees and acquaintances. He put off upgrades to the boats, which were showing signs of wear\u2014bad enough for a March 2016 charter group to walk off Natita in Nassau, a former crew member said.  Goldman ordered periodic valuations of the yacht after making the loan, according to the crew member.  Mr. Kallop laid off crew members and put Natita up for sale in 2015 for \u20ac59.5 million ($67 million at that time), then dropped the price to $57.5 million last year, according to court documents. He sold a second Palm Beach house in April 2015 for $19 million. Goldman alleges he stopped paying back on the loan last November.  Three crew members, including the captain, were recently awarded roughly $90,000 in back pay by a Florida court. A Texas judge last month awarded his former bodyguard more than $500,000 for unpaid services. Mr. Kallop also owes the Florida marina where Natita is docked hundreds of thousands of dollars in fees, employees said.  Eventually, Goldman filed suit in a Miami federal court to seize the boat in a maritime version of a foreclosure. Acting on a judge\u2019s orders, U.S. Marshals impounded Natita at a West Palm Beach marina, where it remains.  Goldman\u2019s first move as owner-in-waiting: buying $67,000 worth of fuel to keep the yacht\u2019s generator running, according to court filings.  Today, the yacht is listed for $39.9 million, according to broker\u200bWorth Avenue Yachts. The outstanding balance of the loan owed to Goldman is roughly $28 million.  Write to Liz Hoffman at liz.hoffman@wsj.com"}
{"_id": "298313", "title": "", "text": "Oh I don't think I have the right to the person's stolen money, I've had this happen before and the CC owner wasn't charged anything and the CC company reimbursed us and we made a report about the thefts. I'm just asking why the situation changed this time around."}
{"_id": "298317", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2933177) reduced by 84%. (I'm a bot) ***** &gt; No one can demonstrate a clear link between specific Uber product features and its meteoric growth, explain why no one else had ever recognized these opportunities, or document how they are powerful enough to allow Uber to rapidly drive all incumbent taxi and limo companies out of business.  &gt; The growth of Uber is entirely explained by massive predatory subsidies that have totally undermined the normal workings of both capital and labor markets.  &gt; Absolutely nothing in the &amp;quot;Narrative&amp;quot; Uber has used to explain its growth is supported by objective, verifiable evidence of its actual competitive economics.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72jwh9/will_the_growth_of_uber_increase_economic_welfare/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216749 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Uber**^#1 **industry**^#2 **explain**^#3 **billion**^#4 **urban**^#5\""}
{"_id": "298336", "title": "", "text": "\"One topic that I've been trying to learn more about is the affects of the low interest rates on businesses and the economy from quantitative easing. Due to the amount of \"\"free money\"\" corporations have received over the last 5 years there has been a few interesting consequences. There are several corporations that have borrowed money at little to no interest with the feds intentions of seeing it go back into the economy however instead corporations have used it to buy back stock which was not necessarily the plan in the first place. You could definitely have a unique thesis written about something within that flow of funds. If that makes no sense apologies stupid undergrad here.\""}
{"_id": "298350", "title": "", "text": "\"Index funds may invest either in index components directly or in other instruments (like ETFs, index options, futures, etc.) which are highly correlated with the index. The specific fund prospectus or description on any decent financial site should contain these details.  Index funds are not actively managed, but that does not mean they aren't managed at all - if index changes and the fund includes specific stock, they would adjust the fund content. Of course, the downside of it is that selling off large amounts of certain stock (on its low point, since it's being excluded presumably because of its decline) and buying large amount of different stock (on its raising point) may have certain costs, which would cause the fund lag behind the index. Usually the difference is not overly large, but it exists.  Investing in the index contents directly involves more transactions - which the fund distributes between members, so it doesn't usually buy individually for each member but manages the portfolio in big chunks, which saves costs. Of course, the downside is that it can lag behind the index if it's volatile. Also, in order to buy specific shares, you will have to shell out for a number of whole share prices - which for a big index may be a substantial sum and won't allow you much flexibility (like \"\"I want to withdraw half of my investment in S&P 500\"\") since you can't usually own 1/10 of a share. With index funds, the entry price is usually quite low and increments in which you can add or withdraw funds are low too.\""}
{"_id": "298352", "title": "", "text": "Ownership of the debt is irrelevant if Puerto Rico tells the investors to kick rocks. Which it already has.   Puerto Rico created the debt by accepting the loans it couldn't pay and under terms that caused full repayment in the event of one default. Which, spoiler alert, happens when you accrue $70bn in debt, with $50bn in unsecured pension liabilities created by bloated government pensions.   They also gave the middle finger to the investors whose money they happily took when things were good, only to flush it down the toilet and cry foul after they ran out of free money. The teacher's union and police officers unions opted out of SS so that they could reap these pension benefits.   The reality is that Puerto Rico buried itself in social programs that never really got an economy, that never had much going on, to experience any growth. It doesn't matter who owns the debt, this guy (from the article) sees a potential payday if the US swoops in and saves them from their crisis.   https://mobile.nytimes.com/2017/03/08/business/dealbook/puerto-rico-teacher-pensions.html"}
{"_id": "298365", "title": "", "text": "It is absolutely a scam.  Anyone who tells you they can give you a large amount of money for free is trying to scam you.  Additional warning signs include:"}
{"_id": "298367", "title": "", "text": "i've been waiting for the MOVE to get off its butt for a while now but as long as we stay goldilocks and yellen vacillates between hawkish and dovish its hard for it to climb meaningfully.   The MOVE is at 52 now - for some context, the traditional view was that below 70 was complacent, above 100 was panic but since the era of unprecedented central bank intervention that hardly holds."}
{"_id": "298379", "title": "", "text": "Just to clarify I know weed isn't the healthiest way to relax or unwind, but there are much worse ways. And just out of curiosity what do you do to unwind? You don't drink or use tobacco or anything of the like? If so I'm very happy for you, that's a great way to live. But judging other people for wanting a beer or a cigarette or a joint is no way to go through life"}
{"_id": "298387", "title": "", "text": "\"This is called \"\"Net Operating Loss\"\", and it is in fact applicable for individuals as well. You can, under certain circumstances, have NOL even as an individual. But it is far more common in the corporate world. What happens is that you can carry it back or forward, and get refund on taxes paid or adjust income for taxes to pay. In your example, you could carry the $75 NOL back and deduct it from the prior year earnings, reducing the taxable income from $100 to $25, getting $18.75 of the $25 paid as taxes - back. The link is for individual NOL, corporate rules are different, but the principle is the same.\""}
{"_id": "298391", "title": "", "text": "it's gonna be really funny when all the trillions that was created out of thin air and ''lend'' on the world market start to want to buy PM, actual PM , not paper PM, and it skyrockets to like $15000 a ounce for actual physical gold :P I mean, who's gonna want a 10 year negative yield on a bond lol"}
{"_id": "298417", "title": "", "text": "Exxon Mobil is one of the most profitable corporations in the world.  Their annual earnings are typically in the $10s of billions of dollars.  They have revenues in the hundreds of billions of dollars per year.  They also return $10+ billion dollars to their stockholders each year in dividends and stock purchases.  That's with $300bn market capitalization - meaning they return 3% of their total market cap each year to their shareholders, aside from any movement in the stock itself. On the other hand, their total current liabilities are around $175bn.  That's what, six months' revenue?  Who'd you rather lend to, Exxon, or ... anyone else?  AAPL and GOOG maybe better risks, but not by much.  Almost every other company on the planet is a more dangerous risk. Judging them solely by Assets is silly - they don't exactly sit on the oil they extract.  They take it out of the ground and sell it to people."}
{"_id": "298424", "title": "", "text": "\"robinhood is a member of finra, just like any other broker.  as such, they can't legally \"\"lose\"\" your assets. even if they file bankruptcy, you will get your money back. obviously, any broker can steal your assets, but i doubt robinhood is any more likely to steal from you, even if you are rich. here is a quote from an article on thestreet.com: So, despite the name, the Robinhood philosophy isn't about stealing   from rich, but rather taking perks often reserved for top-tier   investors and giving them to the everyman trader\""}
{"_id": "298427", "title": "", "text": "$3,679,163.80  I made these assumptions that you did not state:  Then using Excel, we find that with a starting point of $3,679,163.80, we can achieve your goal. The formula for Yearly Budget is =G$1*((1.035)^(A3-2012)) and the formula for Money left at year end is =(D4/1.05)+C4  For 2067, enter $0 leftover, and for 2066, enter $397,988.47 leftover. G$1 is $60,000 G$2 is 0.05"}
{"_id": "298438", "title": "", "text": "\"Yes, old people shop there, but K-mart is much older and has established stores in very rural areas that other retailers are slow to move into.  I was driving through nowhere West Virginia, about 60 miles from the nearest interstate on a two lane \"\"highway\"\", when I come around a corner and there's a K-mart sitting there.\""}
{"_id": "298491", "title": "", "text": "Yeah. It's already crazy here. All summer we've had massive road projects, both on highways and locally. Since the end of last week the traffic has also increased noticeably--and we're two weeks away from the event. The news and town meetings have been about traffic safety, food preparation (buy early and for two weeks), plus we've had a rash of fires in the area we are trying to get under control (51k acres burning less than 50 miles south of here--in Pocatello).   It's going to be crazy; it's going to be awesome."}
{"_id": "298507", "title": "", "text": "You mean that period of time when government spending has grown consistently regardless of which party is in office?   No, the historical data over that period is insufficient to disprove free market theories due to the fact that Republicans are fiscally conservative in rhetoric only.   They spend just as much as Democrats do."}
{"_id": "298509", "title": "", "text": "I've heard success stories but personally, I was considering it and I'm so glad I didn't. I ended up hating the atmosphere; left after one semester. To take care of that house I rent out, I'd need to hire someone, or drive 2.5h each way for anything that needed my attention. If you plan to stay in the area, I'd consider the housing prices, the rental market, considering the responsibility of maintenance, your expected margin (trust me, it will be lower. I've never heard a landlord say he didn't encounter significant unintended expenses.) It's such a unique situation, it really requires more detail. After all, you'd be saving rent, have control over the house and who lives there, but you have a whole hell of a lot of responsibility. I met one guy who had basically became the house's mom because he had a vested interest and was always cleaning up spills, preventing staining or damage to the paint, facing awkward social situations as they tried to chase down rent. With the right people I've seen it go very well. Oh, one more caveat. With a live-in super', they can provide notice of any necessary repairs instantly and from there, the clock starts. They can legally withhold rent until the repairs are completed and if you're not too liquid after that down payment and the mortgage payments, plus school, etc.. this could put you between a rock and some hard ass creditors."}
{"_id": "298514", "title": "", "text": "I dont see anything dystopian about this? Half the article is about new millionaires being created by 2021. That is a good thing isnt it? I know reddit is all about forcing millionaires to sell their stocks and real estate so Starbucks baristas and people folding shirts at the mall can make $50/hr and drive Mercedes though. How dare rich people own stock when the stock market doubles!!! The audacity of them to manage their money wisely and work hard to build their wealth."}
{"_id": "298541", "title": "", "text": "\"I note that each response to me includes a personal insult.  You might want to ask yourself why you feel the need to be rude?  If you're sure you're right, why not simply explain yourself to me?  &gt; You're advocating an incompetent business with an inefficient model to continue running just to keep people employed.   I said nothing of the sort.  In fact, I pointed out that these businesses must die.  _I am simply deeply sad that these thousands of people must suffer_.  Any compassionate person would feel the same way;  the fact that I'm being downvoted at a huge rate indicates how few such people are.   &gt; You're further assuming that they'll stay unemployed and no other, more efficient firm will capitalize on the niche that opened up with sears' passing.  Assume?  Current labor statistics tell us that these people should be expecting at least a year of unemployment;  and things are particularly bad in the retail sector.  And it's not like there's any mystery on who the \"\"more efficient firm\"\" is - it's Amazon (and to a lesser extent, other online retailers).  But \"\"more efficient\"\" actually means \"\"employs only a fraction of the number of workers of standard retailers\"\".  Be honest - do you expect most of these people to get a new job as \"\"good\"\" as their old mediocre job within a year?\""}
{"_id": "298547", "title": "", "text": "\"I don't know what country you live in or what the laws and practical circumstances of owning rental property there are. But I own a rental property in the U.S., and I can tell you that there are a lot of headaches that go with it. One: Maintenance. You say you have to pay an annual fee of 2,400 for \"\"building maintenance\"\". Does that cover all maintenance to the unit or only the exterior? I mean, here in the U.S. if you own a condo (we call a unit like you describe a \"\"condo\"\" -- if you rent it, it's an apartment; if you own it, it's a condo) you typically pay an annual fee that cover maintenance \"\"from the walls out\"\", that is, it covers maintenance to the exterior of the building, the parking lot, any common recreational areas like a swimming pool, etc. But it doesn't cover interior maintenance. If there's a problem with interior wiring or plumbing or the carpet needs to be replaced or the place needs painting, that's up to you.  With a rental unit, those expenses can be substantial. On my rental property, sure, most months the maintenance is zero: things don't break every month. But if the furnace needs to be replaced or there's a major plumbing problem, it can cost thousands. And you can get hit with lots of nitnoid expenses. While my place was vacant I turned the water heater down to save on utility expenses. Then a tenant moved in and complained that the water heater didn't work. We sent a plumber out who quickly figured out that she didn't realize she had to turn the knob up. Then of course he had to hang around while the water heated up to make sure that was all it was. It cost me, umm, I think $170 to have someone turn that knob. (But I probably saved over $15 on the gas bill by turning it down for the couple of months the place was empty!) Two: What happens when you get a bad tenant? Here in the U.S., theoretically you only have to give 3 days notice to evict a tenant who damages the property or fails to pay the rent. But in practice, they don't leave. Then you have to go to court to get the police to throw them out. When you contact the court, they will schedule a hearing in a month or two. If your case is clear cut -- like the tenant hasn't paid the rent for two months or more -- you will win easily. Both times I've had to do this the tenant didn't even bother to show up so I won by default. So then you have a piece of paper saying the court orders them to leave. You have to wait another month or two for the police to get around to actually going to the unit and ordering them out. So say a tenant fails to pay the rent. In real life you're probably not going to evict someone for being a day or two late, but let's say you're pretty hard-nosed about it and start eviction proceedings when they're a month late. There's at least another two or three months before they're actually going to be out of the place. Of course once you send them an eviction notice they're not going to pay the rent any more. So you have to go four, five months with these people living in your property but not paying any rent. On top of that, some tenants do serious damage to the property. It's not theirs: they don't have much incentive to take care of it. If you evict someone, they may deliberately trash the place out of spite. One tenant I had to evict did over $13,000 in damage. So I'm not saying, don't rent the place out. What I am saying is, be sure to include all your real costs in your calculation. Think of all the things that could go wrong as well as all the things that could go right.\""}
{"_id": "298551", "title": "", "text": "\"Assuming that no one else has hit the ask, and the asks are still there, yes, you will fill $54.55 as long as you didn't exhaust that ask. Actually, there is no \"\"current price at which the stock is exchanging hands\"\"; in reality, it is \"\"the last price traded\"\". The somebody who negotiated prices between buyers & sellers is the exchange through their handling of bids & asks.  The real negotiation comes between bids & asks, and if they meet or cross, a trade occurs. It's not that both bid & ask should be $54.55, it's that they were. To answer the title, the reasons why the bid and ask (even their midpoint) move away from the last price are largely unknown, but at least for the market makers, if their sell inventory is going away (people are buying heavily and they're running out of inventory) they will start to hike up their asks a lot and their bids a little because market makers try to stay market neutral, having no opinion on whether an asset will rise or fall, so with stocks, that means having a balanced inventory of longs & shorts.  They want to (sometimes have to depending on the exchange) accommodate the buying pressure, but they don't want to lose money, so they simply raise the ask and then raise the bid as people hit their asks since their average cost basis has risen. In fact (yahoo finance is great about showing this), there's rarely 1 bid and 1 ask.  Take a look at BAC's limit book: http://finance.yahoo.com/q/ecn?s=BAC+Order+Book You can see that there are many bids and many asks.  If one ask is exhausted, the next in line is now the highest.  The market maker who just sold at X will certainly step over the highest bid to bid at X*0.9 to get an 11% return on investment.\""}
{"_id": "298562", "title": "", "text": "The better question is, since MS is on the way out, who will take their place?  &lt;crickets&gt;   Apple doesn't have an exceptional server platform, and Linux (as much as I love it) isn't going to take the world by storm on the desktop.  I think that you are right though.   Until there is a replacement, they will continue to be the go to."}
{"_id": "298563", "title": "", "text": "Answering this question is a great way to gauge how you're doing towards saving for retirement now. But of course what matters more than this snapshot in time is how much you contribute down the line.  It may be wise to try to estimate how much you will want saved by the time you retire. Then try to calculate how much you would need to save in order to hit that mark."}
{"_id": "298574", "title": "", "text": "Usually if the property is part of a strata then the water rates get sent to the owner each quarter to pay and the usage for the whole complex is paid by the strata. So in this type of situation your tenant would not have to pay any water usage. If for some reason, as you mentioned, your unit, although part of a strata complex, is individually metered and you receive a water bill for both water rates and water usage, then the tenant would be liable to pay the water usage portion. This can usually be arranged by either giving the tenant a copy of the water bill with the amount of usage payable, or organising with the water company to separately sending the tenant the usage part of the bill. As you had a real estate agent (managing agent) looking after your property at the time when the water usage was not being paid by the tenant, it would have been their responsibility to either recoup this money from the tenant or organise with the water compony to send the usage part of the bill to the tenants. That is part of the service you were paying them for. You may need to check with Fair Trading in your state to find out who you should be going after for this money, the tenant or the real estate agent. In NSW you have 6 months after the lease has ended to take the tenants to tribunal to recoup owing money, I don't know how long it is after end your agreement with the real estate agent to pursue them.  The case may be that you start with the tenant and if that doesn't work then try with the real estate agent. Of course you may want to contact your old tenants first to see if they are reasonable and agree to back pay the water usage (after you showing them copies of the water bills). The tribunal will ask if you have tried to mediate the matter first anyway. Then there is the matter of how much the water usage amounts to and whether it is worth chasing both the tenants and the real estate agent, paying the tribunal application fees and taking time off work to attend the tribunal."}
{"_id": "298577", "title": "", "text": "I've never insulted or called you names, unlike you have done repeatedly.  I'm really struggling to find your angle here.  &gt; You're actually quite naive, you're not going to beat the standard deduction with mortgage interest deductions unless you have an expensive house.  &gt; so no need to get your panties bunched up."}
{"_id": "298587", "title": "", "text": "My account is with Indian Bank, if that's relevant. Indian Bank already has SWIFT BIC. Is there any way I can receive such international transfers in my account if the bank branch itself is not SWIFT enabled? The Branch need not be SWIFT enabled. However the Bank needs to be SWIFT enabled. Indian Bank is SWIFT enabled and has several Correspondent Banks in US. See this link on Indian Bank Website Select USD as filter in bottom page. It will list quite a few Banks that are correspondent to the Indian Bank. Click on the Link and it will give you more details. For example with Citi Bank as Correspondent. In the Beneficiary account details fill in your account details etc and send this to the company and they should be able to send you a payment based on this."}
{"_id": "298588", "title": "", "text": "The point of the people who criticize QE is that it slows the recovery by propping up zombi business and that it switches the burden of the mistakes, which is unfair, but even from a pure economic point of view it keeps bad managers and investors in place and creates moral hazard."}
{"_id": "298609", "title": "", "text": "Went there a year or so ago.  It's a nice place to go because of cheap tickets and short lines, but the park is so much smaller than its competitors.  There's nothing to keep you coming back, especially if you're over 14."}
{"_id": "298623", "title": "", "text": "40% of income going to debt payments being their line is reasonable I guess, BUT maybe it should be higher for educated high earners.  For example, currently I'm technically using about 50% of my monthly income because I'm a new graduate with some student debt and I'm trying to pay it off aggressively, in under a year.  Despite this, my income is high enough that the remaining 50% is enough to support a decent lifestyle.    In a couple of months when I'm paid off I can probably start saving several thousand dollars a month.  Do I really have a debt problem?"}
{"_id": "298638", "title": "", "text": "Your sister-in-law should know that anybody, US citizen or not, can open a US bank account. She should do that and then pay her 20k fee to the company. I'm a Canadian citizen and I have a US bank account and I don't even live nor work in the United States. I only use it when I travel for leisure and order online. This looks like a scam, but if you know well your sister-in-law, it may not be."}
{"_id": "298666", "title": "", "text": "\"We're not in Bubble #2, There is another land rush in the web due to how easy it is to get in and how everywhere else is terrible to work at this moment.  Groupon is the big outlier b/c it's a sales company and not a tech company.  Facebook (which I personally hate but am forced to use it) is worth what someone is willing to pay for it, all companies with stock are the same way.  Will it have a market cap of $100B, you bet!  There are a few once in a decade companies that will do something uniqure very very well.   Think Google, Apple, Microsoft, Intel, Cisco.    Facebook IMO is a walled garden, where your information is free to enter but forbidden to leave.  Your data is their data, your web habits are known to them and are tracked by them.  They know more about your like's dislikes, web habits than you yourself do.  Damn! That's some powerful shit that people who want to peddle anything and everything to you will want.  You are actively being tracked by each \"\"like\"\" button you come across on the web.  Now for this whole Facebook IPO, Google has shown the power of the tech IPO post Bubble #1 in 2004.  Well guess what Wall Street/Private Equity/Hedge Funds/Global Captial wants in!  That's easy money to them, it doesn't want to be left out in another bubble, another hit, whatever you want to call it.  That drives up the initial offering price, more media, more exposure, more demand, etc.  So now Facebook has this hugely valuable database of individuals that it owns and doesn't share to anyone else and a huge demand for it.\""}
{"_id": "298676", "title": "", "text": "\"I went through the Costco program for the so-called \"\"no-hassle\"\" bargain price when I bought my Prius. According to other Prius owners that I've met on forums and TrueCar's web site, I paid \"\"average.\"\" Lots of people in my area managed to negotiate a better price by $1-2k. So much for getting a deal. I do not plan to use Costco to buy another vehicle again.\""}
{"_id": "298680", "title": "", "text": "I feel these beliefs can not be changed so easily. Once someone loses their money, how can you convince him? And on what ground can you convince him? Can you give a guarantee that investments will perform at a certain level? There are many people who are happy with low returns but highly safe instruments. They are not concerned with what you earn in the stock market or the realty market. They are happy not losing their money. I known many people who earned decently during the up-rise of the stock market but all profits were squared up in the downturn and it turned to negative. Such people have their own thinking and such thinking is not out of place. After experience with much turmoil, I feel that they are also right to a great extent. Hence I feel if the person is not getting convinced, you should accept it with greatness."}
{"_id": "298685", "title": "", "text": "\"The annualized method allows you to take a look at each quarter independently and pay the tax in the quarter that you earned it. -- According to Linda Durand, a certified public accountant with Drolet & Associates PLLC in Washington, D.C., from the Bankrate article \"\"Paying quarterly estimated taxes\"\"  And after paying annualized quarterly estimates, you can still owe up to $1000 at tax time without penalty.\""}
{"_id": "298689", "title": "", "text": "Amazon just delayed my entrance into e-books for a few years. First off, the prices are still crazy, and secondly, now you dont even own the shit you pay the same price as a paperback for.  They are managing to remove all of the benefits of going digital. I think they may be screwing themselves long term with these moves, publishers with integrity are going to start going around them..distributing e-books is very easy.."}
{"_id": "298696", "title": "", "text": "Eh. It's what Walmart will do. The real question is, will they do it quietly or make a splash about it? Because the last thing anyone wants is Walmart butting heads with its employees in an election year, but those crazy bastards running the show in Bentonville aren't above being confrontational when everyone thinks/believes/prays they'll just back down and wait for a saner time to drop rocks on people's heads.   That's what the source of entertainment is going to be here; how will Walmart handle this and will the politicians stick their noses in it too? And is this a union-organised thing or an informal affiliation of employees that covertly agreed to do this? Also, will it spread?   That's about the sum-total of stuff we have to think about, since they don't actually change any unemployment numbers around by firing experienced employees and hiring people they have to train up and deploy again. Hell, they do it so often it probably doesn't really cost them any extra either."}
{"_id": "298707", "title": "", "text": "I agree the state should provide defense, legal system, police, and can even provide some welfare. Our current financial system is the most regulated entity in the world, and could never survive without government subsidies. I think we would be better off letting all the banks fail once, and then let entrepreneurs build a better safer financial system, possibly with cryptocurrencies rather than a Central Bank run sytem that has to be tightly regulated and regularly bailed out. Regarding businesses, it is a free choice for anyone to work somewhere. If I start a business and offer to hire you for a fixed rate you can agree, you can also start a different business and compete. Even the largest businesses can lose market share to tiny one-man businesses - just look at how some one-man craft breweries have started taking market share from the largest breweries in the world, and how the large newspapers are being overturned by Facebook - which started as just a few guys in a dorm. If you join a small business to work, you can choose to go in as a partner where you share in the profits and gain a say, but also make 0 money or even lose money if the business doesn't do well. Some are willing to take this risk, other's (like myself) prefer to get a fixed salary. If you want to start a company that is democratic and every worker has an equal say, you are also free to do this, supposedly you could then attract better workers for cheaper and all make more money. Problem is that for most people it is too risky to own part of the company they work in, as if the company goes bust, they lose their job and savings simultaneously, and thus people go for the option of having a job, and investing their savings in their property and some diversified investments..."}
{"_id": "298709", "title": "", "text": "Welcome to Clutch Bags. We are the leading manufacturer and seller of all type bags, which is located in New York, USA. We provide our best  service in the whole world from last 20 years. Our product is Handbags, Laura Dotolo, cross body bags, totes, pouches, school bags, triple zip satchels, cocktail clutch and much more leather accessories for NYC clients. We provide all products online at an affordable price. If you want to made in the USA bags, then you can visit our website and make your order."}
{"_id": "298716", "title": "", "text": "\"The ancient Roman's paid for things in silver. There were 2 main methods of silver production, a mine or invading a neighbor and taking their silver.  Silver was in use by many of Rome's neighbors. The tribal regions didn't accept it, and the taxation method was imposed.  However, the Roman's also practiced money as debt. Just as the original poster stated. Julius Caesar himself took a million pound loan to finance his \"\"bread and circuses\"\" campaign. Eventually Rome was saddled with such enormous debt that it is given as one of the possible factors in it's decline and fall.  Money originated not to pay taxes, but to replace barter (http://projects.exeter.ac.uk/RDavies/arian/origins.html). Once the utility of it as paying taxes to a government became known, the forces leading to standardization and central banking develop. Taxation is a key step on the ladder toward developing a central currency--it is however not the only one.\""}
{"_id": "298729", "title": "", "text": "\"I completely agree with @littleadv in favor of using the credit card and dispute resolution process, but I believe there are more important details here related to consumer protection. Since 1968, US citizens are protected from credit card fraud, limiting the out-of-pocket loss to $50 if your card is lost, stolen, or otherwise used without your permission. That means the bank can't make you pay more than $50 if you report unauthorized activity--and, nicely, many credit cards these days go ahead and waive the $50 too, so you might not have to pay anything (other than the necessary time and phone calls). Of course, many banks offer a $50 cap or no fees at all for fraudulent charges--my bank once happily resolved some bad charges for me at no loss to me--but banks are under no obligation to shield debit card customers from fraud. If you read the fine print on your debit card account agreement you may find some vague promises to resolve your dispute, but probably nothing saying you cannot be held liable (the bank is not going to lose money on you if they are unable to reverse the charges!). Now a personal story: I once had my credit card used to buy $3,000 in stereo equipment, at a store I had never heard of in a state I have never visited. The bank notified me of the surprising charges, and I was immediately able to begin the fraud report--but it took months of calls before the case was accepted and the charges reversed. So, yes, there was no money out of my pocket, but I was completely unable to use the credit card, and every month they kept on piling on more finance fees and late-payment charges and such, and I would have to call them again and explain again that the charges were disputed... Finally, after about 8 months in total, they accepted the fraud report and reversed all the charges. Lastly, I want to mention one more important tool for preventing or limiting loss from online purchases: \"\"disposable\"\", one-time-use credit card numbers. At least a few credit card providers (Citibank, Bank of America, Discover) offer you the option, on their websites, to generate a credit card number that charges your account, but under the limits you specify, including a maximum amount and expiration date. With one of these disposable numbers, you can pay for a single purchase and be confident that, even if the number were stolen in-transit or the merchant a fraud, they don't have your actual credit card number, and they can never charge you again. I have not yet seen this option for debit card customers, but there must be some banks that offer it, since it saves them a lot of time and trouble in pursuing defrauders. So, in short: If you pay with a credit card number you will not ever have to pay more than $50 for fraudulent charges. Even better, you may be able to use a disposable/one-time-use credit card number to further limit the chances that your credit is misused. Here's to happy--and safe--consumering!\""}
{"_id": "298737", "title": "", "text": "\"How Italians have a general mistrust in the euro and the ECB makes me crazy.  The country with over 2000 billion in debt, that got its ass saved by quantitative easing done by the European Central Bank (iirc, 46% of bonds bought were of the Italian debt). No politicians says he wants to reduce the debt, no, the problem is again something \"\"outside\"\". How about reforming Italian banks and their infamous credits they're still not writing off as losses because of politics? How about reducing the debt?  How each and everyone who has a bank account in Italy isn't grateful to Draghi is a mystery to me.  The consequences of driving a G8 country, the 3rd largest economy in the EU, to the ground because of moronic politicians who can't for the love of their life plan long term are horrible.  It's not like the fucks given by politicians are hidden in this new currency system. FFS.  Quick edit: problem number 1, 2 and 3 of Italy is to reduce its debt. Il resto \u00e8 noia, everything else is boredom.\""}
{"_id": "298745", "title": "", "text": "If you're determined to save money, find ways to integrate exercise into your daily routine and don't join a gym at all. This makes it more likely you'll keep it up if it is a natural part of your day. You could set aside half the money you would spend on the gym towards some of the options below. I know it's not always practical, especially in the winter, but here are a few things you could do.  One of the other answers makes a good point. Gym membership can be cost effective if you go regularly, but don't kid yourself that you'll suddenly go 5 times a week every week if you've not done much regular exercise.  If you are determined to join a gym, here are a few other things to consider."}
{"_id": "298746", "title": "", "text": "You might want to head on over to https://law.stackexchange.com/ and ask the same question.   However from a personal finance perspective this kind of drama is somewhat common when someone is deceased and financial expectations are not met by the heirs.  It sounds like the daughter was expecting a lot more in inheritance than was actually received.  There was probably an overestimation of dad's net worth and an underestimation of the cost of his care toward the end of his life. Its best not to participate in this drama, and I feel that you are correct that the daughter does not have a right to see the bank account statements prior to dad's passage.  The question is also if she has a right to see it now. Here in the US a joint account can be setup so the ownership transfers to other account holder(s) up death of an owner.  So in this case your mother would own the account.  If the account is setup as such, then the estate has no right to that money.  You may want to check with the bank for some free advice.  What is the classification of the account now that dad has passed?  When a person grants someone else the power of attorney they have the ability to act as if they were that person.  Most of the time POAs are limited in scope so If I give a person the POA to register a car in my name, they cannot apply for a credit card in my name (legally).  In this case, however, the POA was probably general so pretty much your mom could do whatever she pleased. So if your mom took good care of the dad and bought herself some nice jewelry that is perfectly allowable with a general POA. I strongly doubt this daughter has any rights to the past records and may not even have the rights to the joint bank account currently."}
{"_id": "298753", "title": "", "text": "Am I missing something or is the author?  EUP5  USP5  SUP5  PUS5  EDIT: Its not just currency pairs either, 5DEL; EU5L; 5UKL; EU5S; 5DES.  Unless I misunderstood something, the authors worst nightmare has already arrived in Europe."}
{"_id": "298773", "title": "", "text": "Well, not having heard of this guy before, I have to be careful taking what he says at face value. I agree with him to some degree, but I suppose I'm not as confident in my assessment. The list of his credentials seems relevent to me, but it would be informative to have more insight into his motives for his opinions."}
{"_id": "298776", "title": "", "text": "Similar to what Adam F says above, except instead of just transfering the amount you spend on the credit card into the high interest account, why not keep the majority of your funds (apart from a small amount, say a couple of hundred for emergencies) in the high interest account until the credit card needs to be paid off. Even better, if you have a mortgage with an 100% offset account keep all your funds in this, and pay off your credit card in full from it on or before the due date. Being a 100% offset to your mortgage interest rate you will be saving at a higher rate than a high interest rate savings account, and you will be able to do all your normal banking from it unlike a high interest account which you usually have to link to an additional account to deposit and withdrawl money to and from. If you are to use a credit card keep these simple rules in mind: Hope this has helped, Regards Victor"}
{"_id": "298777", "title": "", "text": "Having spent all of 3 minutes reading about this, my impression is insurers are going to have to have more money on hand to cover every line of business as independent silos, instead of keeping it all pooled together and being able to shift money around as needed between their lines of business.  In order to acquire this capital, they will take on more debt now; as the expectation is interest rates will rise in the future which would increase their cost of debt vs. acquiring the debt now when interest rates are low."}
{"_id": "298779", "title": "", "text": "Ok - what's your starting point?  Are you starting with equity value and then working your way back to an enterprise value?  Then yes, you must subtract cash and add debt.  If you're doing a DCF, you don't have to make any changes to the values at the end if you're looking for an enterprise value.  If you're looking for an equity value, you would need to add cash and subtract debt.  If you're simply applying a enterprise value multiple (such as EV / EBITDA) you don't need to make any changes.  Just multiply the Company's EBITDA by the multiple in question.  Enterprise values are supposed to be capital structure independent because they are only valuing the company on metrics that occur before the impact of the Company's capital structure."}
{"_id": "298785", "title": "", "text": "\"I apologize for not investigating the skeezy world of finance more than I have to, but the major banks invented derivatives that allow them to essentially make a \"\"bet\"\" on whether a company will perform well or poorly.  This then allows them to make a shitload of cash by manipulating the market in their favor unfairly and that is wrong.  That is my argument, if you want to get caught up in the semantics of acronyms be my guest but my argument is very real and shared by many so the real question is why are you so blind to the chicanery of major financial institutions?\""}
{"_id": "298789", "title": "", "text": "\"That's exactly what he's being accused of.  Also if you could explain in the show \"\"Who's the Boss?\"\", who was the actual boss?  Was it Angela or was it Tony? I say we examine the two choices in a semester-long course about it. \ud83d\ude04\""}
{"_id": "298792", "title": "", "text": "Hang on.. Lawyer here.. Regarding the promised twelve loddars: why would the promise to pay the loddars be destroyed by the fire - unless the promise is eg conditional on the existence of apples at the relevant time (a more risky promise)? If it IS contingent on something in that way then surely it can't be said to be equivalent to loddars (money)?"}
{"_id": "298793", "title": "", "text": "Ultimately all these will pale in comparison to the cost of choosing a place where Amazon cannot get talent to move.. I work in the field, and I'd never move to a city for Amazon.  I love to cities for the industry presence, but never one company.  If you moved to Baltimore, took out a 1 year lease and took a job for Amazon, how fucked would you be when Amazon fired you in a month? Very fucked.  Almost anybody you'd go work for would be a significant step backwards.  Now imagine doing that in San Jose.  You'd get a raise on the next job and they'd invariably treat you better, because Amazon is a meat grinder that consumes youth and enthusiasm and outputs misery, isolation, and competitiveness. Recruiting is a massively expensive endeavor and tax breaks are nice, but it takes a large ecosystem to generate the candidate pool and attract an outside one. Tax breaks are awesome but I'll bet Amazon doesn't pay any anyways."}
{"_id": "298794", "title": "", "text": "It's more complicated than that. Governments raise money in a number of ways.  First, they tax economic activity within their borders and for connected companies and individuals.  Then, some governments have actual revenues from state-owned enterprises (licences, patents, courts, business revenues, and so on). Whatever shortage arises between state expenditure and this income is the deficit which is usually financed through debt. Government usually issues a bond (Wikipedia for a list of government bonds) of various types, some with extremely lengthy maturation dates.  These bonds can be purchased both locally and by foreign investment funds.  The nature of who buys is important. From the Wikipedia link you'll see that most government debt is very highly rated based on the ability of the state to simply raise taxes in order to fund redemption.  Pension funds are legally bound to only invest in highly-rated investment classes and the bulk of bonds may be purchased to support local pensioners. A state that defaults on debt will first hit its own most vulnerable citizens.  In addition, the fall-out will result in a savage cut in ratings.  Countries like Argentina and Zimbabwe, which have both refused to repay their debts even to the IMF, are currently unable to raise investment at all.  This has a tremendous impact on local economic development. So, default is out of the question without severe penalties. The second part of your question is about paying down the debt.  As debts increase, more and more of the revenue that a country does earn is spent on servicing debt repayments.  Sometimes bonds are issued merely to refinance old debt.  A country that spends too much on refinancing debt is no different from an individual.  Less and less money is available to do other things. In conclusion: governments can neither default nor binge-borrow unless they wish to severely limit economic opportunities for their citizens."}
{"_id": "298796", "title": "", "text": "The finance team from your company should be able to advise you. From what I understand you are Indian Citizen for Tax purposes. Any income you receive globally is taxable in India. In this specific case you are still having a Employee relationship with your employer and as such the place of work does not matter. You are still liable to pay tax in India on the salary. If you are out of India for more than 182 days, you can be considered as Non-Resident from tax point of view. However this clause would not be of any benefit to you as are having a Employee / Employer relationship and being paid in India. Edit: This is only about the India portion of taxes. There maybe a UK protion of it as well, plus legally can you work and your type of Visa in UK may have a bearing on the answer"}
{"_id": "298810", "title": "", "text": "For all the Canadians out there, that's about 6.3% to 6.8% when measured on the Canadian scale (which takes into account different metrics, such as at what point someone is considered to have dropped out of the job market).  The current Canadian unemployment rates stands at 6.8% nationally (on the Canadian scale)."}
{"_id": "298833", "title": "", "text": "I use futures options as a sort of hedge to an underwater position that I want to hold onto.  If I am short at 3900 on /NQ and it moves up 3910 then I can sell a put against my position.  For example, I sell this month's 3850 put for 15.00.  If the NQ continues up to 3920, I can probably buy back that put for ~12.00 and sell the 3860 for 15.00. Rinse and repeat if it keeps moving up.     If then the NQ moves down to 3900 then my futures position will be up +10 where my futures options put position will only be down about -3 for a net of +7.    I suppose you could also trade a futures option by itself instead of the future's contract if you didn't want to risk as much $ in a day trade.    Keep in mind that price you see for a future's options relates to the underlying.  For /NQ 1 point = $20  so if a 3850 put costs 15.00 that is really $300.    ES (Sp 500 futures) 1 point = $50 so a 1900 put that costs 15.00 would really be $750."}
{"_id": "298843", "title": "", "text": "Get the most affordable driving lessons Walsall with Just Pass. Offering professional services at reasonable prices, we pride ourselves in our team of expert instructors and our fleet of safe, comfortable vehicles. Go to our website to know more about our flexible services."}
{"_id": "298847", "title": "", "text": "\"But do you know about a US state risking to go default now or in the past?  In 1847 four states - Mississippi, Arkansas, Michigan, and Florida - failed to pay all or some of their debts.  All of these states had issued debt to invest in banks.  From the detailed source listed below: \"\"...it should be remembered that all cases of state debt  repudiation, as contrasted with mere default, involved banks.\"\"  Jackson had killed the federal central bank 10 years earlier and the states were trying to create their own inflationary central banks.  Six other states delayed debt payments from three to six years (source, page 103, this source has more details).  This is the only case I know of where US states defaulted.  US cities default more frequently. I'm very confused do US single states like IOWA have debt and emits obligations on their own like Italy does in EU? Yes.  Individual states can issue their own bonds. Oh, and just another little thing I would like to know, is Dollar a fiat currency too like the Euro? Yes, the US dollar is a fiat currency.  I think the better question is: \"\"Is there any currency that is not a fiat currency?\"\"\""}
{"_id": "298850", "title": "", "text": "I'm down to hate Monsanto but the people who actually do are terrible at explaining why. Always such flimsy, easily falsifiable taking points. If you want me to be concerned about Nestle's terrible labor practices and monstrous position on water availability, don't tell me the Quik rabbit is a gay Muslim."}
{"_id": "298860", "title": "", "text": "\"First would be, that depending on the stuff you are selling, you are likely to get a better response from Craigslist or Kijiji. For many things, the shipping cost will outweigh the value, so any kind of local transaction would be preferred.  The standard \"\"will combine shipping\"\" can be an ebay-offered incentive for people who want more than one of your things. Smaller high-value items would of course be the exception to the previous rule.  There the broad reach of eBay might well bring you a better price.  Standard consumer electronics, however, would likely not fit into this category, as they change so quickly. Depending on the amount of stuff you have, two other ideas come to mind.  There are likely local flea markets that charge just a few bucks for tables to sell whatever you like.  And don't forget the garage sale; a favourite weekend pastime for many in Canada :-)\""}
{"_id": "298866", "title": "", "text": "I think that those options might well be your best bet, given the potential 700% return in one year if you're right. You could look and see if any Synthetic Zeros (a Synthetic Zero is a derivative that will pay out a set amount if the underlying security is over a certain price point) exist for the share but chances are if they do they wouldn't offer the 700% return. Also might be worth asking the question at the quant stack exchange to see if they have any other ideas."}
{"_id": "298872", "title": "", "text": "\"@MrChrister, Budgeting is really about planning your spending. Many programs and most advice will tell you that budgeting is tracking your expenses. That's only the first part. Track your expenses for about a month to figure out what you plan to spend in the future.  Your budget is then just a list of things you're going to buy or pay for with the money you have at the moment. I recommend creating a budget every time you get some money, keeping an eye out for future expenses you may need to save for. The envelopes are for those expense that you are going to use cash for. The envelopes make you plan to spend a specific amount of money, the money you put in them and no more. Envelopes protect you from overspending. I use \"\"envelopes\"\", that is, paperclips or sticky notes or different sections of my wallet, to organize my cash. I use cash for things I'm going to buy in person: gasoline, groceries, eating out, the movies, home improvement stuff, buying birthday presents. These are my \"\"envelope\"\" expenses. I use one check a month to pay rent. I use my online banking to pay most of my bills automatically (like school loan and Netflix). And I use the actual websites of those companies who I want to pay manually (like utilities, b/c those change every month). Does that help? Nathon HouseholdBudgetNerd.com Family Budgets for Both of Us\""}
{"_id": "298906", "title": "", "text": "I want to encourage diversity in means of producing goods so I organised subcategories by the means necessary to produce said goods, I organised categories by the same types of items that are all in a similar price range than each other, the randomiser will pick an item of the same category but of a different subcategory. (yogurt and cheese are in the same category, and same subcategory because the means of production is the same, so price change of one won't affect the economy as much)"}
{"_id": "298908", "title": "", "text": "\"Here's the issue as I see it. The fact that one has high interest debt says a lot about the potential borrower. Odds are very good that person will not pay the zero card off before the rate expires, and will likely charge more along the way.  I'd love to be able to say \"\"great idea, borrowing at a low rate to pay off a high rate card will be the first step to getting you all paid off\"\" but chances are in a year's time you will not be better off.  You said you know a lot of people that have done this. Have they all been successful? It's possible, but I'd heed the warnings of those here and first think how you got into the credit card debt.\""}
{"_id": "298938", "title": "", "text": "Go for operations research instead. No one is hiring people with math bachelor's to do any type of quant work. It would still make you eligible for a bunch of different jobs but just a math bachelor's without some sort of financial interest under your belt through internships or competitions may not get you where you want to go."}
{"_id": "298970", "title": "", "text": "\"Directors can be held responsible for the liabilities of the corporation - see this Wikipedia article - and especially if it was clear that was the reason for the arrangement, you might well find this happening. That said, I know a Canadian who sold his house to a corporation he already owned (he was doing consulting work through it) at the (in his opinion ridiculously high) amount it had been assessed for property tax purposes. The company paid and claimed any and all expenses including paying for the lawn to be mowed and the house to be painted. He lived in it at a reduced rent (this rent was then income to the company) in exchange for looking after it. He was very happy with the arrangement. He was losing the \"\"no income tax when you sell your primary residence\"\" benefit we have here, but since he expected to never be able to sell it for more than the amount the company had paid, he wasn't worried. If the company exists for no reason other than to shelter income, hide you from liability, and reduce your taxes, then I would expect it would get you some unwanted attention and possibly some rulings you didn't like. If the company exists for a real purpose, and has income and expenses that outweigh whatever games you're playing with cars and homes, you might be able to achieve this. You need to work out what the benefits (other than ducking liabilities) would be and whether they are worth the hassle.\""}
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{"_id": "298985", "title": "", "text": "\"Is this amount an adequate starting amount to begin investing with? Yes. You can open an account at a brokerage with this amount. I'm not sure I would invest in individual stocks at this point. Which services should I use to start buying shares? (Currently my bank offers this service but I'm willing to use other sources) I can't make UK-specific recommendations, but I'd compare your bank's fees to those of a discount broker -- as well as the variety and level of service available. I would like to regularly increase the amount invested in shares. Is it worth doing this in say \u00a3200 increments? Take a look at the fees associated with each investment. Divide the fee by the increment to see what percent you'll lose to fees/commissions. Keep in mind that you have to gain more than that percentage to start earning a positive return on your investment. If you have access to fee-free automatic mutual fund investments, and you can commit to the \u00a3200 amount on a regular basis going forward, then this can be a completely free way of making these incremental investments. See also this answer on dollar cost averaging, and my comment on the other answer on that question for how fees impact returns. When buying shares should I focus on say two or three companies, or diversify more? I would diversify into two or three different index funds. Read up on asset allocation. For example, you might invest 1/3 of your balance into S&P 500 index fund, bond index fund, and MSCI EAFE index fund (but that's just a rough example, and not necessarily good for you). I highly recommend \"\"The Intelligent Asset Allocator\"\" by William Bernstein for excellent info on diversification and asset allocation.\""}
{"_id": "298997", "title": "", "text": "On the back of the W4 is a Deductions and Adjustments worksheet. This worksheet will give you an accurate number to enter on line 5 of your W4."}
{"_id": "298998", "title": "", "text": "\"Just to clarify, In wikipedia when it says  It is defined as a market in which money is provided for periods longer than a year They are referring to the company which is asking for money. So for example the stock market provides money to the issuing company of an IPO, indefinitely. Meaning the company that just went public is provided with money for a period longer than a year. The definition in Investopedia basically says the same thing Wikipedia does it is just phrased slightly different and leaves out the \"\"for periods longer than a year\"\".  For example Wikipedia uses the term \"\"business enterprises\"\" and \"\"governments\"\" while Investopedia uses the term private sector and public sector, in this context \"\"business enterprise\"\" is \"\"private sector\"\" and \"\"governments\"\" is \"\"public sector\"\"  So in the sense of the length debt is issued yes, money market would be the opposite of a capital market but both markets still offer a place for governments and companies to raise money and both are classified as financial markets.\""}
{"_id": "299002", "title": "", "text": "IRS Publication 463 is a great resource to help you understand what you can and can't deduct.  It's not a yes/no question, it depends on the exact company use, other use, and contemporaneous record keeping."}
{"_id": "299013", "title": "", "text": "\"That article seems to be making the argument that GDP isn't a good measure of consumer welfare and confusing that with \"\"GDP has no meaning\"\". It's still useful, though. I mean... what company sits down and says \"\"hmmm... I've reached the ideal level of output, I'm going to work on making my product better and cheaper now!\"\" ... generally, making something cheaper comes with making it accessible to a wider audience. Economic output rarely goes down just because you're getting more value for your money. In theory, that'd be included in measures of inflation rather than measures of GDP.\""}
{"_id": "299016", "title": "", "text": "This site should help you to accomplish what you are looking for: https://www.quantopian.com"}
{"_id": "299021", "title": "", "text": "\"&gt;A) This ain't trolling. This shit is knowledge. I'm seriously not trying to troll anyone. I do not feel there is enough appreciation or attention given to the many many many people sold a bill of goods. These poor dumb fucks I play FF with, working in downtown Boston or NYC, paying $2000 a month in rent for the privilege of earning $30K a year.  They got good grades as Finance majors? They're literally in the bottom 1% of that stratification then. Your anecdote is worthless; the data I provided tells the exact opposite story.   &gt;B) My vendetta is that it is nonsense. All of it. It is the same five fucking ideas rehashed, repackaged and resold to the next generation of idiots over and over and over again. It is literally NOTHING interesting, and it is WAY too many people clamoring for the same piece of a pie they didn't bake.  Rampant ignorance of a topic you don't undertand.  &gt;C) Maybe you are the tallest midget, but maybe you should just not choose to be a midget.  You still have not provided an alternative field of study, just \"\"finance = bad.\"\"\""}
{"_id": "299027", "title": "", "text": "Paradox was accused of upping their prices before the steam sale and if you did a little research the steam sale price was the same as the price from other vendors.  They were absolutely obliterated by negative reviews and comments.  So much so, the CEO rolled back the prices and made a public statement apologizing.  We need to have more good ol' fashion internet lynch mobs."}
{"_id": "299030", "title": "", "text": "There are lots of things to consider in addition to your questions.  The rules changed in the US recently. I think you mean you will save more money. Your interest rate isn't likely to go up, but your principle will, so you will earn more interest income than before.   I would wager it won't be a significant amount however. You can certainly earn a reward, either cash back, points, miles or something else. BUT the sticking point with earning things with your card is harder than before.  Due to rules changes, merchants can now recuperate the fees they pay for accepting your credit card.  Rewards cards have a higher fee than non-rewards cards (because banks aren't in charities).  So now, depending on the merchant's choice, you could see a higher cost paying with a credit card (or a debit card) and that cost could wipe out your reward. And if your card has a fee, it has always been true that you need to evaluate the annual fee to confirm the benefit is more than paying for the fee. Additional advantages to credit cards"}
{"_id": "299031", "title": "", "text": "Using GDP as a proxy for economic well-being was ok, though not great, when GDP growth seemed to be linked with other measures like average salary, purchasing power, national debt and employment.  I had really hoped that the split in these different measures during and since the recession would mean that people started to look for more nuanced reporting of the stats but sadly it seems that now GDP is on the up and employment is back below 7% everything is fine in the world of newspaper publishing."}
{"_id": "299062", "title": "", "text": "\"why do markets sometimes appear in sync, but during other times, not so much By \"\"markets\"\" I'm assuming you mean equity indices such as the HSI. Financial products fluctuate with respect to the supply/demand of the traders. There's been a large increase in the number of hedge funds, prop desks who trade relative values between financial products, that partially explains why these products seem to pick up \"\"sync\"\" when they get out of line for a while.\""}
{"_id": "299101", "title": "", "text": "Banks worry that the large gift might be a loan that is ultimately expected to be repaid. If so, that affects the cash flow of the recipient, and makes it more difficult to make the mortgage payments to the bank.  In some cases, of course, it is an informal loan: Dad advances a large $X to son to use as a downpayent, but does not charge interest and the expectation is that the money will be returned in smaller chunks as and when the son can afford to repay Dad.   In some cases, Dad truly means it as a gift, but son feels an obligation to repay the money, if not explicitly, then by paying for the first few months of Dad's nursing home stay, etc.  So, banks like to have an explicit document such as a copy of a letter from Dad saying that this money is a gift, and some assurance that this is on the up and up.   If the amount is larger than the maximum gift that can be given each year without having to file a gift tax return, then some assurance that a gift tax return will be filed is helpful. Mentioning this in the letter is good: it indicates that there are no secret handshakes or secret agreements to the effect that this is in fact a loan, with or without regular repayments."}
{"_id": "299109", "title": "", "text": "Good day! Did a little research by using oldest public company (Dutch East India Company, VOC, traded in Amsterdam Stock Exchange) as search criteria and found this lovely graph from http://www.businessinsider.com/rise-and-fall-of-united-east-india-2013-11?IR=T :  Why it is relevant? Below the image I found the source of data - Global Financial Data. I guess the answer to your question would be to go there: https://www.globalfinancialdata.com/index.html  Hope this helps and good luck in your search!"}
{"_id": "299123", "title": "", "text": "This is the wrong citation. PPACA relies on Code Sec. 4980H (26 USC 4980H) to define full time employees as anyone working 30 hours a week or more. Furthermore, this determination can be made according to IRS Notice 12-58, which offers employers flexibility in the period used to make such determination."}
{"_id": "299140", "title": "", "text": "&gt; That's utter stupid ignorant garbage. Why would anyone ever buy a failing business so that it loses money so they aren't taxed on the losses?  Because they have a political agenda, and they have so much money (Bezos was briefly the richest man in the world) that they don't care.  Did you get it now?  And REMEMBER! If you have a political agenda, then truth, facts and Journalism is not what are using."}
{"_id": "299147", "title": "", "text": "I really like your mindset about this. One strategy I'm going to implement with my job site, without giving too much away, is treating a job Seeker profile and a job provider very similarly and creating a hub for both. It also treats job postings like more of a commodity, and just focuses on other things that I'll get into in the company develops more."}
{"_id": "299148", "title": "", "text": "Israel works similarly to the US then. If you have good grades, there are lots of scholarships, so college is still accessible to the smart poor. Lots of lower tier colleges were created to fulfill the demand for everyone having a college education, true, but with the top schools I am referring to, that is not the case."}
{"_id": "299153", "title": "", "text": "\"I was responding to \"\"How do you feel about those English majors in community college?\"\"     Community college English major is not going to open many employment doors.   Some with this degree are likely millionaires, but it doesn't mean the degree is the reason for their success.       I suspect most successful English majors who utilized their degree graduated from more prestigious institutions than community college.\""}
{"_id": "299172", "title": "", "text": "Yeah...or they simply don't like eating shit on a bun. Don't try to turn this into some jingoist argument. McDonalds is shit, and its about as American as french fries. I know its hard to believe, but there are places in the world where you can still get decent ingredients for home-cooked meals at a good price such that there is no reason to ever want to eat at a McFranchise."}
{"_id": "299174", "title": "", "text": "Think about India's government, and then think about Spain's.   Credit rating is a measure of risk of default. What government is more likely to default:  A developed, relatively transparent European government with mature industries and an educated populous.  Or a developing, relatively opaque SouthEast Asian government with a large amount of its populous uneducated, living in poverty.  Ask yourself, would you rather make a loan to Spain or India? Which is more likely to pay you back?  edit: Despite the fact that Spain needs a bailout, it already has a very mature, very advanced infrastructure/economy in place. With a little cash, the government can get that industrial machine working at efficiency again."}
{"_id": "299176", "title": "", "text": "The key thing to consider in a question like this is, What return am I getting on my investment versus what interest am I paying on the loan? If the investment returns more than what you're paying on the loan, than it makes sense to keep the investment and pay off the loan with other income. If the investment returns less, than it makes sense to cash it out to pay off the loan. One complicating factor is taxes. In the case of an IRA, you're not paying taxes on the profits. You do pay a tax penalty for an early withdrawal. Those are both factors that tend to make keeping the money in the IRA more desirable. And of course, if the choice is between keeping your investment and defaulting on the loan, you probably want to close out the investment. I don't know what return you're getting on your IRA, but it's probably more than 6.8%. I'd have to check but I think my retirement funds got over 20% last year. If you're not getting 6.8%, you might want to investigate switching to another investment fund. I'm sure there's a lot I don't know about your situation, but I'd think that keeping the IRA would be a better plan. If you can't add to it for some time well you get these debts paid off, well, that's how it is."}
{"_id": "299211", "title": "", "text": "\"-Alain Wertheimer I'm a hobbyist... Most (probably all) of those older items were sold both prior to my establishing the LLC This is a hobby of yours, this is not your business. You purchased all of these goods for your pleasure, not for their future profit. The later items that you bought after your LLC was establish served both purposes (perks of doing what you love).  How should I go about reporting this income for the items I don't have records for how much I purchased them for?  There's nothing you can do. As noted above, these items (if you were to testify in court against the IRS). \"\"Losses from the sale of personal-use property, such as your home or car, aren't tax deductible.\"\" Source Do I need to indicate 100% of the income because I can't prove that I sold it at a loss? Yes, if you do not have previous records you must claim a 100% capital gain. Source Addition: As JoeTaxpayer has mentioned in the comments, the second source I posted is for stocks and bonds.  So at year begin of 2016, I started selling what I didn't need on eBay and on various forums [January - September]. Because you are not in the business of doing this, you do not need to explain the cost; but you do need to report the income as Gross Income on your 1040. Yes, if you bought a TV three years ago for a $100 and sold it for $50, the IRS would recognize you earning $50.  As these are all personal items, they can not be deducted; regardless of gain or loss. Source Later in the year 2016 (October), I started an LLC (October - December) If these are items that you did not record early in the process of your LLC, then it is reported as a 100% gain as you can not prove any business expenses or costs to acquire associated with it.  Source Refer to above answer.  Refer to above answer.  Conclusion Again, this is a income tax question that is split between business and personal use items. This is not a question of other's assessment of the value of the asset. It is solely based on the instruments of the IRS and their assessment of gains and losses from businesses. As OP does not have the necessary documents to prove otherwise, a cost basis of $0 must be assumed; thus you have a 100% gain on sale.\""}
{"_id": "299220", "title": "", "text": "I work in this industry, designing coaching programs for people who want to lose weight (and quit smoking among other things). The statistic we often use is that 1/3 of people are obese, with a BMI in excess of 30 (ignoring the very few percent of people for whom BMI is not an accurate measurement). And another 1/3 of people are overweight, with a BMI between 25 and 30. So we have a target of 66% of the population that can be potentially coached to a healthier weight. Making a business case for enough participants is never a problem."}
{"_id": "299227", "title": "", "text": "I plotted your figures in my Buy or Rent app.  It compares the equity of buying or renting by calculating what your mortgage payment would be and comparing the alternative case if you rented and invested an equivalent amount. Clearly for the amounts you specified it is better to buy, but if you change the amounts and interest or property appreciation you can see the equity effects."}
{"_id": "299229", "title": "", "text": "&gt; Funny you say that, I'm moving in!  We need more selfless people like you who are willing to carry the heavy burden. Last year Illinois lost more people than any other state, so I'm not sure if that will be enough."}
{"_id": "299242", "title": "", "text": "In the. US, i'd suggest hitting the Charity Navigator website for evaluation of how efficiently various charities will use your money. At this point I won't donate money to anything that gets less than three stars unless I know the organization very well indeed -- and I've been progressively swapping out 3-star groups for 4-star organizations in the same category. Many of the groups reviewed by CN are international,  so you might find it useful even if you're donating from/to elsewhere."}
{"_id": "299254", "title": "", "text": "get into the 21st century. there are millions of artists willing to make videos, music, and other forms of entertainment for FREE. the music and hollywood industry are NOT entitled to profits. they lose money because of bad business models that don't evolve to a changing entertainment paradigm"}
{"_id": "299258", "title": "", "text": "From the IRS web site: So if your income was reported to the IRS (by the payer, not you) using one of the forms above, the IRS would have a record of it, regardless of whether you filed a tax return or not."}
{"_id": "299266", "title": "", "text": "The first thing to realize is that MLM is not really a selling job, yes they all sell products but that's not how you make any money. And be careful not to stockpile inventory, you'll end up with $4000 dollars worth in your garage that you'll never use. MLM is really a recruiting and training sales people job. If you are willing and have the talent to recruit and train sales people then it may be right for you. The only people that make a good living recruit new sale people all the time, and have hundreds of sale people in there down lines. There is a lot of attrition and you have to keep recruiting to replace those lost. Don't think you are going to get rich at this part time. There are a lot of millionaires from MLM but they work a lot of hours recruiting and training. If you don't have a lot of time to devote to it I wouldn't do it at all. MLM is not for everyone, but the ones that are good at it and put in the time make a lot of money from it."}
{"_id": "299278", "title": "", "text": "Like I said, there are no sources for this info, just speculation. I made a guess and I might be wrong, but I might still be right.  No one knows who this guy including you. So you are making claims out of your ass as well."}
{"_id": "299284", "title": "", "text": "The advice I have is short and sweet. Be an investor, not a speculator. Adopt the philosophy of Warren Buffet which is the 'buy and hold' philosophy. Avoid individual stocks and buy mutual funds or ETFs. Pick something that pays dividends and reinvest those dividends. Don't become a speculator, meaning avoid the 'buy low, sell high' philosophy.  EDIT:For some reason I cannot add a comment, so I am putting my response here.  @jad The 'buy low, sell high' approach makes money for the stock broker, not necessarily you. As we learn in the movie Trading Places, each buy or sell creates a commission for the broker. It is those commission expenses that eat away at your nestegg. Just don't sell. If a security is trading at $10 a share and pays $0.25 a share each quarter then you are getting 10% ROI if you buy that security (and if it continues to pay $0.25 a share each quarter). If the price goes up then the ROI for new buyers will go down, but your ROI will still be the same. You will continue to get 10% for as long as you hold that security. A mutual fund buys the individual stocks for you. The value of the fund is only calculated at the end of the day. An ETF is like a mutual fund but the value of the ETF is calculated moment by moment."}
{"_id": "299327", "title": "", "text": "\"I read the book, and I'm willing to believe you'd have a good chance of beating the market with this strategy - it is a reasonable, rational, and mechanical investment discipline. I doubt it's overplayed and overused to the point that it won't ever work again. But only IF you stick to it, and doing so would be very hard (behaviorally). Which is probably why it isn't overplayed and overused already. This strategy makes you place trades in companies you often won't have heard of, with volatile prices. The best way to use the strategy would be to try to get it automated somehow and avoid looking at the individual stocks, I bet, to take your behavior out of it. There may well be some risk factors in this strategy that you don't have in an S&P 500 fund, and those could explain some of the higher returns; for example, a basket of sketchier companies could be more vulnerable to economic events. The strategy won't beat the market every year, either, so that can test your behavior. Strategies tend to work and then stop working (as the book even mentions). This is related to  whether other investors are piling in to the strategy and pushing up prices, in part.  But also, outside events can just happen to line up poorly for a given strategy; for example a bunch of the \"\"fundamental index\"\" ETFs that looked at dividend yield launched right before all the high-dividend financials cratered. Investing in high-dividend stocks probably is and was a reasonable strategy in general, but it wasn't a great strategy for a couple years there. Anytime you don't buy the whole market, you risk both positive and negative deviations from it. Here's maybe a bigger-picture point, though. I happen to think \"\"beating the market\"\" is a big old distraction for individual investors; what you really want is predictable, adequate returns, who cares if the market returns 20% as long as your returns are adequate, and who cares if you beat the market by 5% if the market cratered 40%. So I'm not a huge fan of investment books that are structured around the topic of beating the market. Whether it's index fund advocates saying \"\"you can't beat the market so buy the index\"\" or Greenblatt saying \"\"here's how to beat the market with this strategy,\"\" it's still all about beating the market. And to me, beating the market is just irrelevant. Nobody ever bought their food in retirement because they did or did not beat the market. To me, beating the market is a game for the kind of actively-managed mutual fund that has a 90%-plus R-squared correlation with the index; often called an \"\"index hugger,\"\" these funds are just trying to eke out a little bit better result than the market, and often get a little bit worse result, and overall are a lot of effort with no purpose. Just get the index fund rather than these. If you're getting active management involved, I'd rather see a big deviation from the index, and I'd like that deviation to be related to risk control: hedging, or pulling back to cash when valuations get rich, or avoiding companies without a \"\"moat\"\" and margin of safety, or whatever kind of risk control, but something. In a fund like this, you aren't trying to beat the market, you're trying to increase the chances of adequate returns - you're optimizing for predictability. I'm not sure the magic formula is the best way to do that, focused as it is on beating the market rather than on risk control. Sorry for the extra digression but I hope I answered the question a bit, too. ;-)\""}
{"_id": "299336", "title": "", "text": "\"This article reads like a puff piece for unions. With that, it makes one fatal assumption - that unions are good.   It also provides cherry-picked \"\"proof\"\" to support the positions and spouts of numbers that make no sense - \"\"the largest 300 co-ops together constitute the ninth largest economy.\"\" What a meaningless, non-supporting comment to end with.\""}
{"_id": "299347", "title": "", "text": "A major consideration is also formula.  IF your child is breast fed, it will save you some money, but it doesn't work for all children.  There are also a wide variety of prices/qualities of formula."}
{"_id": "299354", "title": "", "text": "&gt; Russia seems doomed to remain a \u2018Third World country with a First World military\u2019   Considering how the Supreme Court has been stacked (not to mention the other two branches of the government), seems this is where America is headed as well."}
{"_id": "299367", "title": "", "text": "As an investor you must remember to forgive yourself. However, you must not only forgive but make it up to yourself by putting in the hours of study necessary to ensure that what you are forgiving yourself for will not happen again. Studying (finance, fundamental analysis, statistics, etc.)will also help you to worry less. Once you have put in the hours of study necessary, you can turn to any of a number of still relatively conservative strategies, such as seeking out undervalued blue-chip stocks to purchase or selling covered call options. Good luck."}
{"_id": "299391", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-07-21/be-clear-eyed-about-democracy-s-weaknesses) reduced by 86%. (I'm a bot) ***** &gt; In her new book, &amp;quot;Democracy in Chains: The Deep History of the Radical Right&amp;#039;s Stealth Plan for America,&amp;quot; Nancy MacLean writes that my Bloomberg View colleague Tyler Cowen, by questioning American political institutions, was creating &amp;quot;a handbookfor how to conduct a fifth-column assault on democracy.&amp;quot; As the Hoover Institution&amp;#039;s Russ Roberts pointed out, Cowen&amp;#039;s quote was taken out of context.  &gt; Yes, democracies appear to have a modest statistical advantage when it comes to economic growth.  &gt; What&amp;#039;s more, there&amp;#039;s a chance that the modest correlation between democracy and growth is driven by one massive outlier - the U.S., whose alliance and patronage was undoubtedly a big economic advantage for many democratic countries during the 20th century.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6os4ei/be_cleareyed_about_democracys_weaknesses/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172688 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Democracy**^#1 **good**^#2 **economic**^#3 **people**^#4 **system**^#5\""}
{"_id": "299395", "title": "", "text": "I'd share my google sheet I have comparing the two, but in the interest of keeping myself at least a little private, I'll use a made up situation with real numbers.  **Meet Bob.**  Front End dev.  Single.  5y exp in industry.  Likes to live well, in a nice place.  Has no expensive hobbies, or otherwise uncommon expenses.  [Makes 70k in Indianapolis](https://www.paysa.com/salaries/indianapolis,-in--l).  Lives off 50k, puts 20k in the bank yearly.  Receives job offer in Valley. Lets say he makes 170k, which is easily possible.  With a small company, you might expect ~120k.  With a giant, you'd probably be looking at ~200k+.  Both numbers include any RSUs.      **Salary Sources for San Jose**  San Jose was chosen, as many sites simply lump this greater area together as San Jose.  Its just easier, and does not make a huge different in the numbers.  I'm not a front end dev, but 170 is in the ballpark of my offers with larger companies in the valley, as a personal data point.  * [Paysa, which sources salary reports from actual professionals.  Typically from more larger, established companies \\(Google, MSFT, Facebook, Linkedin, Amazon, etc\\)](https://www.paysa.com/salaries/san-jose,-ca--l) * [Indeed, which is much more bottom of the barrel generally speaking.  No large company is throwing their job on Indeed.](https://www.indeed.com/jobs?q=Javascript&amp;l=San+Jose%2C+CA)  **Cost of Living**  Lets see how the COL breaks down.  Im using [this breakdown of what people spend their money on](http://www.businessinsider.com/how-americans-spend-most-of-their-money-2017-1) to get ideas.  Lets say Bob was spending 60k in Indy, saving 20k/yr.    * Rent - $1400/mo apartment, $17000/yr * Food - $20/d, $7300/yr (Bob is a bad cook/lazy) * Transportation - it looks like we can [estimate high and say 10k](https://www.valuepenguin.com/average-household-budget) * Taxes - $14k - https://smartasset.com/taxes/income-taxes#FB9ktMO6uP * 10k on other misc. - Healthcare, Entertainment, shit around the house, new socks, etc  (breaks down to $190/wk)  **Total: ~60k**  Lets first try just using COL calculators, which were in the ballpark, but generally high, compared to what I found when breaking down my own expenses.  * [Salary.com says 100% COL increase.](http://swz.salary.com/CostOfLivingWizard/Layoutscripts/Coll_Result.aspx) * [Nerdwallet says 100% COL increase for SF \\(SJ not available\\).](https://www.nerdwallet.com/cost-of-living-calculator/compare/indianapolis-vs-san-francisco) * [Numbeo puts Consumer prices, including rent, to be ~50% higher.](https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+States&amp;city1=Indianapolis%2C+IN&amp;country2=United+States&amp;city2=San+Jose%2C+CA&amp;amount=4%2C500.00&amp;displayCurrency=USD)  For the sake of argument lets run with the the assumption it costs Bob double to continue his standard of living, based off the above.  As you mentioned, and as I fully agree, housing is the biggest expense, so lets check my assumption there.  A Zillow search for Sunnyvale proper, very close to all of the tech giants HQs, shows [1BR in good conditions and of decent size \\(700sqft+\\) run anywhere between 2.3k to 3.5k](https://www.zillow.com/homes/for_rent/Sunnyvale-CA/condo,apartment_duplex,townhouse_type/54626_rid/1-_beds/37.395016,-122.002616,37.348838,-122.064414_rect/13_zm/).  Lets plan for the worst, and say its 3.5k.  Thats 42k/yr.  Living this close (literally biking distance) is a luxury, but lets say Bob hates commuting, so hes willing to pay as such.  Lets not forget Uncle Sam, and more specifically, California's uncle Sam, which is extra greedy.  He will want [roughly 65k](https://smartasset.com/taxes/income-taxes#kMLNaWg8M9), rounding up.  The other big expenses are food and transportation.  Lets say food is 50% more expensive, going with your argument.  7300 * 1.5 = 11k.    Lets say the same for Gas, and general transportation (there is no parking situation in the greater valley - that is a San Francisco downtown city issue, so ignore that).  10 * 1.5 = 15k  Same for everything else.  50% markup.  That laptop in Indy that cost 2k now costs 3k (absolutely not true, but lets roll with it.) . Healthcare too.  10k * 1.5 = 15k  Total San Jose / mid-valley COL: 15k + 15k + 11k + 65k + 42k = 130k.  So using high estimates for everything, Bob now spends 130k of his new 170k salary.  **He now gets to save 40k, double what he did before**.  He also now hopefully has a great name on his resume which will literally open doors, a RSU package which will refresh yearly, **making him earn 500k/yr within a decade**, and will be at the center of his industry.  Keep in mind, this is only coming at this from the mindset of someone in tech.  If I wasn't in tech, I would never, *ever*, ***ever*** consider moving to the valley unless I was bankrolling some other job.  But for tech, the logic is there.  I'm sorry if I upset you, but I've literally broken down my expenses and done all this math for my actual situation.  Lets not even get started with the other perks.  For a large tech company, which is a very realistic goal for someone decently good and easy to work with in tech, you get unlimited vacation, a free for all budget of 2k for training, free lunch and snacks, shuttle service if you live in main hubs (the city, etc), great weather, can ski and surf in the same day - all things you likely do not get in a midwest tech job."}
{"_id": "299396", "title": "", "text": "What about non-financial benefits of a bank robbery? I'm sure there are some people out there who just like the adrenaline rush of being in that type of situation, regardless of whether or not it will be worth it in the long run."}
{"_id": "299419", "title": "", "text": "Becuase it's not redistributing wealth. Redistributing wealth does not require rich people spending money, it requires taking that money and giving it to people with not as much money. That's a huge difference. The effects of each are vastly different. There are different incentives and demands created with each practice, and, ultimately, different societies are created. Giving a man a dollar for a good/service does not have the same consequences of taking the mans dollar and giving it to someone else because you think one deserves it more, based purely on the disparity of wealth."}
{"_id": "299422", "title": "", "text": "One point I don't see above: Consumer's Union (the nonprofit which publishes Consumer Reports) has a service where, for a small fee, they'll send you information about how much the car and each option cost the dealer, how much the dealer is getting back in incentive money from the manufacturer,  and some advice about which features are worthwhile, which aren't, and which you should purchase somewhere other than the dealer.  Armed with that info, you can discuss the price on an equal footing, negotiating the dealer's necessary profit rather than hiding it behind bogus pricing schemes. Last time I bought a new car, I got this data, walked into the dealer with it visible on my clipboard, offered them $500 over their cost, and basically had the purchase nailed down immediately.  It helped that I as willing to accept last year's model and a non-preferred color; that helped him clear inventory and encouraged him to accept the offer. ($500 for 10 minutes' work selling to me, or more after an hour of playing games with someone else plus waiting for that person to walk in the door  -- a good salesman will recognize that I'm offering them a good deal. These days I might need to adjust that fair-profit number up a bit; this was about 20 years ago on an $8000 car... but I'm sure CU's paperwork suggests a current starting number.) It isn't quite shelf pricing. But at least it means any haggling is based on near-equal knowledge, so it's much closer to being a fair game."}
{"_id": "299429", "title": "", "text": "This is why anti-monopoly legislation is horse shit. The only people who complain about monopolies are small, inferior, less-efficient businesses. They're the reason why anti-trust legislation came about in the first place.  Why would you want smaller, inferior, less-efficient businesses in the first place? Let market forced dictate who is best. Competition will either create a new market or successful business, or force the monopolies to innovate to keep up."}
{"_id": "299430", "title": "", "text": "don't blame china, look at yourselves in the mirror Stupmerica.  nobody put a gun to your head to move your manufacturing to china.    china just a scapegoat for the greed and incompetence of US corporations and US government.    The US multinational are making out like bandits, while the avg chinese worker still make peanuts, the factory boss makes peanuts compared to the avg american ceo,  where did all the wealth transfer go to?  Wall street and golden parachutes.  and dat's the truth.   China can't revalue its currency, too much depends on a low yuan, unless it wants its factories to close overnight and have mass rioting.   idiot economists, best think befo you open your damn moufs, foo."}
{"_id": "299431", "title": "", "text": "You are correct, and by bringing this up, you forced me to actually look at my earlier claims...  [Seritage has no listed properties in Canada,](http://www.seritage.com/properties) meaning that any claims I made that Lampert would make bank from Sears Canada going under from rentals is completely false."}
{"_id": "299446", "title": "", "text": "\"I'm in a similar situation, but I live in a state that doesn't allow mortgagees to \"\"walk away\"\" without recourse. I would consider a short sale or otherwise abandoning the property if: At the end of the day, real estate is an investment, and you don't realize gains or losses until you close the position. The \"\"ra, ra\"\" crowd that thought that real estate was going to boom forever in 2006 was just as wrong as the \"\"bad news bears\"\" crowd that thinks that real estate will never recover either.  Investments rise and fall. Many people who bought houses in the 1980's boom (recall the S&L crisis) were underwater for years until prices started rising in the mid-90's. You haven't lost money until you realize that loss.\""}
{"_id": "299462", "title": "", "text": "I stopped reading after decline in real US dollars, have you see n the recent data?  Secondly the DOW is NOT A PRICE!!!!, it is a level (thats what an index is!)  Check the fundamentals, track the price changes of normal things you buy and that is inflation, using market indices as a proxy for inflation is stupid and sample dependent (you can sample before and after merkel says eurobonds and get different results...)"}
{"_id": "299501", "title": "", "text": "\"It really depends. I find it useful, but then again I'm the kid that went to professor's office hours just to learn more. Others that have the same degree from same school think it's useless, but these are the kids that didn't go to professor's office hours to learn more.   As far as public thought, it is generally seen as subpar, but if you have an entrepreneur spirit you don't have to worry about \"\"landing\"\" a job. Economics will equip you well for the right type of person. If you want to be a worker bee, I suggest accounting or finance.\""}
{"_id": "299512", "title": "", "text": "The politics of being a German leader must be daunting.  It is easy for any opposition party to paint the story about the industrious German subsidizing the lazy Greek.  It is harder to tell a nuanced story about how much the union benefits Germans and that they are taking the brinksmanship too far."}
{"_id": "299516", "title": "", "text": "Looking at college graduations -- computer science and engineering graduates about 20~25% women annually; while business majors is an even split.  It shouldn't come as a big surprise that the industries in which they concentrate reflect this."}
{"_id": "299536", "title": "", "text": "I can probably rent the house out for about $1,600. If sell now I can get 180k at the most. My mortgage will be $1,800 with tax and insurance. If I use the 180k to pay off the house, I can refinance the loan for a lower interest rate too. I think I know what I want to do but just need a second opinion. Thanks btw"}
{"_id": "299563", "title": "", "text": "If it's number of years and the interest is per-annum the formula is the same as the normal one.  this should work on most hand-held calculators."}
{"_id": "299566", "title": "", "text": "\"If you ask ten different couples what they do, depending on a variety of factors, you'll get anywhere between two and ten different answers. One personal finance blogger that I read swears by the fact that he and his wife keep their finances totally separate.  His wife has her own retirement account, he has his.  His wife has her own checking and savings, he has his.  They pay fifty-fifty for expenses and each buy their own \"\"toys\"\" from their own accounts.  He views this as valuable for allowing them to have their own personal finance styles, as his wife is a very conservative investor and he is more generous. My spouse and I have mostly combined finances, and view all of our money as joint (even though there are a smattering of accounts between us with just one name on them as holdovers from before we were married).  Almost all of our purchasing decisions except regular groceries are joint.  I couldn't imagine it any other way.  It leaves us both comfortable with our financial situation and forces us to be on the same page with regards to our lifestyle decisions.  There's also the ideological view that since we believe marriage united us, we try to live that out.  That's just us, though.  We don't want to force it on others. Some couples find a balance between joint accounts and his and her fun money stashes.  You might find yet another arrangement that works for you, such as the one you already described. What's going to be important is that you realize that all couples have the same six basic arguments, finances being one of them.  The trick is in how you disagree.  If you can respectfully and thoughtfully discuss your finances together to find the way that has the least friction for you, you're doing well.  Some amount of friction is not just normal, it's almost guaranteed.\""}
{"_id": "299567", "title": "", "text": "The business may not have paid any direct tax towards profit. However it would have paid tons of indirect tax like Sales tax / Service tax on the goods / services rendered. The raw material that he has purchased from vendors [leading to demand] would have been taxed. The salary he has paid [hence employees paying personal tax]  So essentially even from a loss making venture, the Govt has received enough tax money."}
{"_id": "299569", "title": "", "text": "This isn't your standard finance job. They likely bring in a ton of candidates and set them loose trying to find people to buy stocks. The ones who are not good at bullshitting people into buying the stock just get cut with minimal lost to the company (that is why they pay minimum wage). Some people are amazing at sales and they can convince people to buy a bag of shit, so they will become very rich. Most other people don't do so well and they get cut pretty quick.  As a career choice, I don't like this because there are other opportunities where you at least get paid okay in the early stages. Minimum wage in NY sucks ass. And if you suck at it, you get cut after a month or two and your commissions probably suck, so you'll be broke. At least, I-Bankers that get cut still have some money in the bank."}
{"_id": "299578", "title": "", "text": "Traveller check require one signature at top when the check are purchased. Matching signature at bottom when you want to encash. So if there is no signature, you would need to get her signature, or as suggested mail it to her and get a regular check."}
{"_id": "299579", "title": "", "text": "Your tax return will be due on April 18th of 2017 for the amounts made in 2016. Based on the figures that you have provided, assuming you are 18, and assuming you are a single taxpayer your total tax will be around $2600.00 ($2611.25 to be exact, without additional credits or deductions to AGI accounted for). The $1,234 in fed. inc. tax that you have already paid is considered to be a prepaid by the government. If at year-end you have provided more than you have made the government will refund you the excess (federal tax return)."}
{"_id": "299586", "title": "", "text": "He said firing government workers was the solution.  Obviously, if we've got far, far fewer government workers that any any point since World War II, that might _not_ be the solution.  I _know_ government _spending_ is sky high -- and I think we need to address and cut our rampant military, and also streamline and make more efficient Social Security and Medicare (which are, by far, the two biggest social programs)."}
{"_id": "299591", "title": "", "text": "The home owner does not start foreclosure, the bank decides when to foreclose.  Therefore you cannot really decide a time to foreclose if you are trying to time the decision. The process You miss payments, and the banks will send you a late notice for the missing payments.  Expect many notices. The bank will call you at home, on your cell phone and at work.  They will mail you letters regarding the missing payments. If you continue to miss payments, the bank will probably demand the loan be paid in full.  You will owe the bank the full balance of the principle, all past due interest, all past due late charges and junk fees.  The bank won't even take a normal monthly payment from you should you try to pay your regular payment again. Some law enforcement will notify you on the bank's intent to foreclose.  The bank has begun legal proceedings. Legal notices are published in the local newspaper. Soon the notices and the legal waiting period will expire.  Court proceedings happen.  The court will then allow the bank to foreclose. Notices to into the paper again about the updated status of the foreclosure. The house is sold at auction. Money from the auction is used to pay taxes owned, then mortgages, then other liens or creditors who file. Further debt for the home owner Taxes When sold, if the mortgage debt exceeds the home's fair market value, US Federal Tax rules say the selling price as the fair market value. The fair market value can still be higher than the tax basis (which I think is the value of the house at the time of original purchase plus improvements.).   If the fair market value is higher, you will own taxes on sale.  However tax rules in the US say if you have owned the home more than two years and make less than $250,000 in the transaction ($500,000 if married) you will not owe any tax.  State taxes can be different. Additionally, if the mortgage lender forgives the debt and doesn't create a deficiency, that income is taxable as well.  This is more an more common these days.  There are exceptions if the home is your primary residence. This whole process an take several months to occur, but depends on where you live.  If you continue to live in the home after the auction, the new owner must evict you from the property which is another set of legal proceedings. Your credit and ability to buy are home will be damaged for the next several years. I am not so sure on how PMI works for the banks, but I know they are getting some money back."}
{"_id": "299621", "title": "", "text": "\"Yeah I knew you would bring that up. But what about the guy who is getting called a racist but really does have black friends? What do you say to that guy? That's like the old saying, \"\"If you bust on gays you must be gay.\"\" Super retarded logic, but expected. I am getting a full picture now, keep it coming.   Look, muslims all follow this Koran book, it's their fucking bible, which has over a 100 verses about fucking up non-believers. I don't think anything more has to be said than that if you are a logical thinker. Now if none of the muslims were acting up, maybe you could say \"\"hey, it's just a book, they don't follow it to the T\"\" but tons of them are going around quoting the book, praising the peadophile who's the head of the whole thing, and stabbing, hacking and running over innocent people.   Seriously man, what part of that don't you get?\""}
{"_id": "299635", "title": "", "text": "&gt;Sounds like a bitter douchebag who got passed over by some awesome bootstrappers. &gt;Wait, what?  If you're not going to reply with substance, why reply at all?  Edit to your edit: You did shake things up, I've got to give it to you.  I like discussions though, which is why I was trying to have one.  You shook me up, part 1 was complete.  It's on to the next stage now."}
{"_id": "299658", "title": "", "text": "When it's one of the few jobs in the area and all you're qualified for, yeah, you probably don't want to be replaced by a touch screen. It's not like people *want* to work at McDonald's, they want to be able to pay bills and maybe get a little further ahead in life."}
{"_id": "299665", "title": "", "text": "At the point when a finance manager uae is utilized in an expansive enterprise, their part will as a rule be more worried about vital investigation, and finance manager uae working for littler organizations and associations may just need to get ready and gather accounts. a finance manager uae - https://www.linkedin.com/in/abhishek-datta/"}
{"_id": "299667", "title": "", "text": "High Class Portable Restrooms and Mobile Toilets on Rental are available for all type of open air events. These toilets are much comfortable for ladies and gents. Onsite Rental services Pvt Ltd. offers Air conditioned toilets and restroom to make your events successful.  For more information Give us a call- 01129836752 and Email- info@onsiterentals.com"}
{"_id": "299690", "title": "", "text": "\"As other people have indicated, traditional IRAs are tax deductable for a particular year. Please note, though, that traditional IRAs are tax deferred (not tax-free) accounts, meaning that you'll have to pay taxes on any money you take out later regardless of why you're making the withdrawal. (A lot of people mistakenly call them tax free, which they're not). There is no such thing as a \"\"tax-free\"\" retirement account. Really, in terms of Roth vs. Traditional IRAs, it's \"\"pay now or pay later.\"\" With the exception of special circumstances like this, I recommend investing exclusively in Roth IRAs for money that you expect to grow much (or that you expect to produce substantial income over time). Just to add a few thoughts on what to actually invest in once you open your IRA, I strongly agree with the advice that you invest mostly in low-cost mutual funds or index funds. The advantage of an open-ended mutual fund is that it's easier to purchase them in odd increments and you may be able to avoid at least some purchase fees, whereas with an ETF you have to buy in multiples of that day's asking price. For example, if you were investing $500 and the ETF costs $200 per share, you could only purchase 2 shares, leaving $100 uninvested (minus whatever fee your broker charged for the purchase). The advantage of an ETF is that it's easy to buy or sell quickly. Usually, when you add money to a mutual fund, it'll take a few days for it to hit your account, and when you want to sell it'll similarly take a few days for you to get your money; when I buy an ETF the transaction can occur almost instantly. The fees can also be lower (if the ETF is just a passive index fund). Also, there's a risk with open-ended mutual funds that if too many people pull money out at once the managers could be forced to sell stocks at an unfavorable price.\""}
{"_id": "299703", "title": "", "text": "I'd listen to the person who doesn't want tax deferral.  S/he is wise. I'd do it in a taxable account.  Talk about the investments all you want, pool your knowledge, but invest privately and separately. Pay your taxes and be done with them."}
{"_id": "299713", "title": "", "text": "Everywhere, do a little reading. Ive wouldn't sit in a meeting with him unless Cook was there to moderate. If you have two VPs who can't sit across from each other and be productive, one of them has to go."}
{"_id": "299718", "title": "", "text": "I would say it isn't the best. There's a new NIST face recognition vendor test coming up that is good for evaluating company algorithms. I doubt face.com will enter considering they have been bought by Facebook, but I'm not sure they would have entered even if they had not been bought."}
{"_id": "299724", "title": "", "text": "There is the underpayment penalty, and of course the general risk of any balloon-style loan. While you think that you have enough self-discipline, you never know what may happen that may prevent you from having enough cash at hands to pay the accumulated tax at the end of the year. If you try to do more risky investments (trying to maximize the opportunity) you may lose some of the money, or have some other kind of emergency that may preempt the tax payment."}
{"_id": "299752", "title": "", "text": "\"Yes. You do have to pay taxes in the UK as well but it depends on how much you have already been taxed in the US. http://taxaid.org.uk/situations/migrant-workernew-to-the-uk/income-from-abroad-arising-basis-vs-remittance-basis Say, you have to pay 20% tax in the UK for your earnings here. You ARE required to pay the same percentage on your foreign income as well. Now, if your \"\"home\"\" country already taxed you at 10% (for the sake of example), then you only need to pay the \"\"remaining\"\" 10% in the UK. However, the tax law in the UK does allow you to choose between \"\"arising\"\" basis and \"\"remittance\"\" basis on your income from the country you are domiciled in. What I have explained above is based on when income \"\"arises.\"\" But the laws are complicated, and you are almost always better off by paying it on \"\"arising\"\" basis.\""}
{"_id": "299756", "title": "", "text": "Even if you exhibit some of the aforementioned symptoms though, experts caution against taking actions or treatments without consulting with your doctor first. This is because these signs might also be caused by thyroid conditions or complications from medication you take. Your best bet would be to get a blood test."}
{"_id": "299774", "title": "", "text": "Welcome to Hungarian Games. We are a escape game provider company, which is located in Dubai,  UAE. We provide the best games service in Dubai from previous many years. Our services are Escape Rooms in Dubai, Art Studio, Escape Game, foot snooker. If you want to play Hungarian games, then you can visit our website. The first escape game is developed in hungry,  but now world's first escape room in Dubai."}
{"_id": "299775", "title": "", "text": "E cig, E Cigarette, Electronic Cigarette, Buy E cig, Good quality Electronic Cigarettes, Cheap E-cigarettes at Steamlite India No. 1 supplier of electronic cigarettes with fast next day delivery.  We sell E cig, E Cigarette, Electric Cigarette, Electronic Cigarette, E Cigar, Cartridges, Refills, E Liquids, E Juice, E-Cig Carry cases and E-Cigarette accessories. On our website you can learn about how e cig works, what is e cigarette, comparison and a lot of other information."}
{"_id": "299777", "title": "", "text": "Loan Service Providers in Delhi &amp; NCR, Get contact details offering various Loans to customers from many Banks. Loan Against Property can get you a higher loan amount for your business or personal needs with the benefit of lower EMI."}
{"_id": "299811", "title": "", "text": "A mortgage lender will not usually lend more than they could get if they had to repossess the property and sell it to recover their investment (in the U.S. it is generally accepted that 80% of market value is the golden number that makes the mortgage work).  That's why an appraisal is required. Even with 50% down, the numbers might not add up if your property is appraised very low (extremely unlikely, though. It's more likely your realtor is inexperienced)."}
{"_id": "299818", "title": "", "text": "I said Yahoo because it was hot for a while and now it's not. Tons of people who bought at the top when their P/E was stupid, lost their ass. That was entirely the point. Websites, like Hot Pockets, may exist forever but they don't stay hot forever."}
{"_id": "299819", "title": "", "text": "How old are you? With $15k, I assume late twenties.  Do you still use your credit cards? or is this just past accumulated debt? (paying them off will do you no good if you just run them back up again.)  Does your employer match you contributions? How much? Are you fully vested in their contributions?    In general, it is not a good idea, but under the right circumstances it isn't a bad idea."}
{"_id": "299820", "title": "", "text": "\"Wikipedia has a nice list of currencies that use \"\"cents\"\" and currencies that use 1/100th division that is not called \"\"cent\"\". Cent means \"\"100\"\" in Latin (and French, and probably all the Roman family of languages), so if the currency is divided by 100 subunits - it will likely to be called \"\"cent\"\" or something similar in the local language. The list of currencies (on the same page) where it is not the case is significantly shorter, and includes countries with relatively ancient currency units that were invented before the introduction of the decimal system (even though now they are in fact decimal they still kept the old names, like the British \"\"pence\"\" or the Russian \"\"kopek\"\"). The point is that \"\"Dollar\"\" and \"\"cent\"\" are not directly related, many currencies that are not called \"\"Dollar\"\" are using cents as well (Euro, among others). It just means \"\"1/100th\"\", and it is safe to assume that most (if not all) of the modern currencies are divided into 1/100th.\""}
{"_id": "299840", "title": "", "text": "\"You are correct.  Credit card companies charge the merchant for every transaction.  But the merchant isn't necessarily going to give you discount for paying in cash.  The idea is that by providing more payment options, they increase sales, covering the cost of the transaction fee.  That said, some merchants require a minimum purchase for using a credit card, though this may be against the policies of some issuers in the U.S. (I have no idea about India.) Also correct.  They hope that you'll carry a balance so that they can charge you interest on it.  Some credit cards are setup to charge as many fees as they possibly can.  These are typically those low limit cards that are marketed as \"\"good\"\" ways to build up your credit.  Most are basically scams, in the fact that the fees are outrageous. Update regarding minimum purchases: Apparently, Visa is allowing minimum purchase requirements in the U.S. of $10 or less.  However, it seems that MasterCard still does not allow them, for the most part.  Moral of the story: research the credit card issuers' policies.  A further update regarding minimum purchases: In the US, merchants will be allowed to require a minimum purchase of up to $10 for credit card transactions.  (I am guessing that prompted the Visa rule change mentioned above.) More detail can be found here in this answer, along with a link to the text of the bill itself.\""}
{"_id": "299850", "title": "", "text": "know GIPS, basic portfolio theory / allocation, stocks / bonds.  Honestly most of the stuff in private wealth management isn't that complex and banks tend to be ultra conservative, so expect boring work of holding bonds till maturity, SPY's, JNJ's, GE's, JPM's etc."}
{"_id": "299855", "title": "", "text": "\"Since this the business subreddit (or used to be), what about the effect that \"\"age-retardation\"\" would have on wealth distribution?  Imagine if Rockefeller or Edison was still alive to own, manage, and profit from their respective empires?\""}
{"_id": "299868", "title": "", "text": "&gt;  It costs as much to project for one guy as for a packed house.  I don't have specific knowledge about movie licensing, but I'd be VERY surprised if the number of tickets to a given showing didn't factor into the actual price paid to the rights holder. I mean, we live in a world where ASCAP charges bars for jukebox plays based on an estimate of how many people in the bar could hear the song....."}
{"_id": "299913", "title": "", "text": "\"we clearly want something different in life. Thus inequality. Because it makes us both happier it is a fair and just inequality.  Not sure if we need constant growth as long as our economy is constantly changing.  It is kind of obvious that someone will invent/discover something and someone else will need to adapt afterwards. There always will be a first mover.   I don't see how you can justify total equality and accept stagnation. That is some gangster attitude.   We neither need perfect equality nor extreme inequality. Therefore we need fair inequality. Kind of obvious! But like you said wth is \"\"fair inequality\"\"! it is for you to define what is acceptable. That is why we  vote in our democracy\""}
{"_id": "299928", "title": "", "text": "I checked my account right before lunch because i was still thinking about what i wanted to do for my B-day.  I had just got paid and my account was $30 and change.  I had also just written my rent check as well.  Some ass hat used my card and withdrew $300 at like 5 different atms(i'm assuming because they had different POS ID numbers) within like 5min. i didn't even know you could withdraw that much cash at once.  Needless to say i looked like a bum infront of my landlord who gave me the sure that's why your check bounced look and 1 shitty birthday sitting at home eating top ramen. And since it was cash i had to wait almost 2 weeks (seems like months when you have no cash and a dwindling supply of instant and canned foods) for the bank to replace my cash.  Yeah worst b-day ever.  edit.  oh and no i had no idea when they did it or how or where but the guy on the phone at the bank basically told me that it's happening a lot lately and asked my permission to file charges which i of course said yes to."}
{"_id": "299963", "title": "", "text": "Just a regular bank transfer. Call your US bank and ask for wire transfer instructions. I've transferred money like that from US to Europe and back a few times. Usually fees were in low two digits ($15-$30), but depending on your bank account a sending and receiving side may charge a fee."}
{"_id": "299971", "title": "", "text": "\"I can say that I got X dollars from an account like \"\"Income:Benefits\"\"... but where do I credit that money to? \"\"Expenses:Groceries\"\" Yes doesn't feel right, since I never actually spent that money on food,  You did, didn't you? You got food. I'm guessing there's an established convention for this already?  Doubt it. Established conventions in accounting are for businesses, and more specifically - public companies. So you can find a GAAP, or IFRS guidelines on how to book benefits (hint: salary expense), but it is not something you may find useful in your own household accounting. Do what is most convenient for you. Since it is a double-booking system - you need to have an account on the other side. Expenses:Groceries doesn't feel right? Add Expenses:Groceries:Benefits or Expenses:Benefits or whatever. When you do your expense and cash-flow reports - you can exclude both the income and the expense benefits accounts if you track them separately, so that they don't affect your tracking of the \"\"real\"\" expenses.\""}
{"_id": "300047", "title": "", "text": "Start a Roth IRA. Keep it in low risk, short term money market or CDs. At this stage, stocks may be premature. As you build up the account, up to $5000/year, at some point, you should start buying an index mutual fund, say one following the S&P.  When you are out of school and working for real money, save an emergency account outside the IRA and shift that Roth IRA to be fully invested.  My 13 year old has her emergency account, and her Roth IRA to deposit her baby sitting money. It's never too soon to start."}
{"_id": "300054", "title": "", "text": "Yes, I've done this. Just added the borderless account into Paypal as a new bank account and the money has now showed up in my borderless account. I used the ACH Routing Number for my USD account."}
{"_id": "300080", "title": "", "text": "Plenty of people were upset when cars replaced horses, electrical trams and trains as the primary source of transportation.  We are still trying to constrain urban planning sprawl from the advent of car culture which currently is unsustainable.  Asphalt prices will be 3-4x higher in 20 years, million of miles of road are vulnerable.    If we had listened to many of the naysayers back then we would have foresaw some of future costs in makng a suburban culture for 100's of millions of people is impossible long term without severe economic and environmental repercussions.  Even electric cars require power to be generated somewhere and the length of a commute is only increasing in most metro areas.  Installing light rail as a band aid solution is going to run into imminent domain issues, costs and unknown amount of construction time."}
{"_id": "300081", "title": "", "text": "\"Wells Fargo and Bank of America both belong to the clearXchange bank network (https://www.clearxchange.com/about).  You can send money to anyone for free with just their email address or phone number if you both use one of these banks: (Check the list on the clearXchange website, as the above list may change.) That means you can easily transfer money from a Wells Fargo account to a Bank of America account using Wells Fargo's \"\"SurePay\"\".  To go the other direction, on the Bank of America website click on the \"\"Transfers\"\" tab, then go to Send Money To Someone -> \"\"Using their email address or mobile number\"\".\""}
{"_id": "300099", "title": "", "text": "\"&gt; Well they've \"\"created\"\" what $5trillion in the last few years  I agree with you technically, but they control both the quantity and the quantity times velocity of money so they are also responsible for the lack of cashflow.   The big thing I think you're referring to is that they did this weird maneuver where they temporarily injected money into the banks, basically so they could say they were solvent without actually being solvent. Because the injections were temporary, the money never moved and was simply deposited at the fed. If, like Adam Smith, you don't consider money to really exist unless it moves, they did not create effective money, as you point out. Critically, they did not create cashflow, which is the appropriate macro definition of money. The corresponding macro variable for this is NGDP.  But actually the fed also controls NGDP, as Ben Bernanke says every time the FOMC makes its report. They just choose not to increase it, because they think that \"\"monetary policy is sufficiently accommodative.\"\" I would agree with you that the present level of cashflow is inadequate, but if the Fed fixes it at the present level, nothing will increase it. This is called the Sumner critique (Sumner was raising the issue to argue, contra Keynes, that the multiplier on fiscal policy is 0), if you google it you can probably find someone to defend it better than me. In any event, this means it's not very surprising that private spending and investment doesn't lift NGDP: nothing but the fed can lift NGDP. Because it cannot create new cashflow on its own (which it could under free banking, this would be the advantage of free banking), the market must now move to a new equilibrium NGDP level while it is saddled with a large number of contracts from before 2008 that were negotiated with respect to a higher expected NGDP level. This deleveraging process is responsible for the present slump and the disinvestment you describe.\""}
{"_id": "300104", "title": "", "text": "\"It depends on the volatility of the underlying stock. But for \"\"normal\"\" levels of volatility, the real value of that option is probably $3.50! Rough estimates of the value of the option depending on volatility levels: Bottom line: unless this is a super volatile stock, it is trading at $3.50 for a reason. More generally: it is extremely rare to find obvious arbitrage opportunities in the market.\""}
{"_id": "300107", "title": "", "text": "I know this is broad, but this isn't a scam -- it's a   workshop/educational thing about teaching people of investing in the   real estate market, and how to profit The scam is that the free or cheap class doesn't give you enough info to make money; so they sell you a more advanced and expensive class that gets you almost enough info; but the goal of the 2nd class is to get you to pay for the specialized seminar and coaching sessions that either fail to materialize or  are so basic they aren't worth the money."}
{"_id": "300117", "title": "", "text": "Billshrink offers some pretty neat analysis tools to help you pick a credit card. They focus more on rewards than the features you mention but it might be worth a look. If you use Mint, they offer a similar service, too. If you're not already using Mint, though, I'd look at Billshrink as Mint requires some extensive setup. MOD EDIT  Looks like billshrink.com is shut down.  From their site: Dear BillShrink customer, As you may have heard, BillShrink.com was shut down on July 31, 2013.   While we\u2019re sad to say goodbye, we hope we\u2019ve been able to help you be   better informed and save some money along the way! The good news is   that much of the innovative award-winning BillShrink technology will   still be available via our StatementRewards platform (made available   to customers by our partnering financial institutions). Moreover, we   expect to re-launch a new money-saving service in the future. To see   more of what we\u2019re up to, visit Truaxis.com. We have deleted your personal information as of July 31. We will   retain your email address only to announce a preview of the new tool.   If you do not want us to retain your email address, you can opt out in   the form below. This opt out feature will be available until September   31, 2013. If you have already opted out previously, you do not need to   opt out again. If you have any further questions, contact us at   info@billshrink.com. Thanks, The BillShrink/Truaxis Team"}
{"_id": "300121", "title": "", "text": "You don't have to create a PayPal account in order to buy from a merchant that uses PayPal for processing their payments.  You can use your credit card just like with any other purchase. Creating a PayPal business account is, as you say, mainly for businesses wanting to accept payments, not make them.  PayPal doesn't require you, the customer, to have an account just to make a payment to a merchant.  We have dozens of customers a day make purchases through us using our PayPal account (we're small), and for them the main attraction to using PayPal to pay us is that PayPal has pretty good security and offers some very good customer protections against fraud.  They don't have to create a PayPal account just to pay us, though. When you create a PayPal business account, you link a bank account to it that they verify, then they issue you a PayPal MasterCard, which is a debit card that links to your PayPal account.  When you make purchases, if the funds are in your PayPal account (because, for instance, you're using PayPal as your merchant processor) then the payment is deducted from that.  If there's no money in your PayPal account then PayPal simply debits the bank account you linked with them, no differently than if you were to use your bank's debit card. In this instance, if you don't plan to use PayPal for merchant processing then there's no real reason to open a business account.  It doesn't have any advantages over your bank's debit card and, IMHO, just adds another layer of complexity and paperwork to your accounting for no identifiable benefit. I hope this helps. Good luck!"}
{"_id": "300133", "title": "", "text": "Both states will want to tax you. Your tax home is where you maintain a domicile, are registered to vote, etc. and you will probably want to keep this as MA since you state that MA is your permanent residence and you are staying in a rented place in PA. But be careful about voter registration; that is one of the items that can be used to determine your state of residence.  OK, so if you and your spouse are MA residents,  you should file jointly as residents in MA and as nonresidents in PA. Do the calculations on the nonresident return first, and then the calculations on the resident  return. Typically, on a nonresident tax return, the calculations are effectively the following: Report all your income (usually AGI from the Federal return).  Call this $X. Compute the PA state tax due on $X.  Note that you follow the rules for nonresidents in doing this, not the calculations used by PA residents. Call the amount of tax you computed as $Y. What part of the total income $X is attributable to PA sources? If this amount is $Z, then you owe PA $Y times (Z/X). On the resident return in MA, you will likely get some credit for the taxes paid to PA, and this will reduce your MA tax burden. Usually the maximum credit is limited to the lesser of actual tax paid to PA and what you would have had to pay MA for the same income. As far as withholding is concerned, your employer in PA will withhold PA taxes as if you are a PA resident, but you can adjust the amount via the PA equivalent of IRS Form W4 so as to account for any additional  tax that might be due because you will be filing as a nonresident.  Else you can pay estimated taxes via the PA equivalent of IRS Form 1040ES. Similarly, your wife can adjust her withholding to account for the MA taxes that you will owe on the joint income, or you can pay estimated taxes to MA too. Note that it is unlikely that your employer in Pennsylvania will withhold  Massachusetts taxes (and send them to Massachusetts) for you, e.g. if it is a ma-and-pa store, but there may be special deals available if  your employer does business in both states, i.e. is a MA-and-PA store."}
{"_id": "300134", "title": "", "text": "&gt; That means people don't buy cars as often  True.  &gt; as they are not as financially able to anymore.  How do we know that's the reason?  There's also more used cars in the wild now, and cars tend to last a lot longer than they used to."}
{"_id": "300139", "title": "", "text": "\"In summary: In long form: Spreads and shorts are not allowed in cash accounts, except for covered options. Brokers will allow clients to roll option positions in a single transaction, which look like spreads, but these are not actually \"\"sell to open\"\" transactions. \"\"Sell to open\"\" is forbidden in cash accounts. Short positions from closing the long half of a covered trade are verboten. Day-trading is allowed in both margin and cash accounts. However, \"\"pattern day-trading\"\" only applies to margin accounts, and requires a minimum account balance of $25,000. Cash accounts are free to buy and sell the same security on the same day over and over, provided that there is sufficient buying power to pay for opening a new position. Since proceeds are held for both stock and option sales in a cash account, that means buying power available at the start of the day will drop with each purchase and not rise again until settlement. Unsettled funds are available immediately within margin accounts, without restriction. In cash accounts, using unsettled funds to purchase securities will require you to hold the new position until funds settle -- otherwise your account will be blocked for \"\"free-riding\"\". Legally, you can buy securities in a cash account without available cash on deposit with the broker, but most brokers don't allow this, and some will aggressively liquidate any position that you are somehow able to enter for which you didn't have available cash already on deposit. In a margin account, margin can help gloss over the few days between purchase and deposit, allowing you to be somewhat more aggressive in investing funds. A margin account will allow you to make an investment if you feel the opportunity is right before requiring you to deposit the funds. See a great opportunity? With sufficient margin, you can open the trade immediately and then run to the bank to deposit funds, rather than being stuck waiting for funds to be credited to your account. Margin accounts might show up on your credit report. The possibility of losing more than you invested, having positions liquidated when you least expect it, your broker doing possibly stupid things in order to close out an over-margined account, and other consequences are all very serious risks of margin accounts. Although you mentioned awareness of this issue, any answer is not complete with mentioning those risks.\""}
{"_id": "300155", "title": "", "text": "It's also not like Audi, Mercedes, and BMW will idly sit by and watch as Tesla feasts on that market share either.  Should be interesting to see how they try to compete with Tesla in a market where price matters less and image is more."}
{"_id": "300189", "title": "", "text": "Triggered?  Did i attack you personally insult you or saying anything that was a charged statement?  I'm pretty certain i simply talked about the subject and what it means for consumers.  If i insulted you or showed any degree of frustration I'm sorry.  I'm not frustrated.  Even though I believe you may be trolling, I'm not upset.  I'm simply putting out correct information.  I hope you understand the principle behind the business move.  Take care."}
{"_id": "300209", "title": "", "text": "Eximcorp India Pvt Ltd showcases the products of leading International Wood and Wood product businesses in Australia, Chile, Europe, New Zealand and in Americas. From plantation grown Teak Logs and processed Wood Chips to Lumbers and Gluelam, Composite wood products: Plywood, Fiber Boards, Oriental Strand Board and Particle Board, We have the best of the Wood products range on this planet to distribute in Indian market."}
{"_id": "300211", "title": "", "text": "There is a reason why most professional option traders are sellers instead of buyers. Option sellers IMO are analogous to insurance companies that come out ahead in the long run. That is not to say if you are bullish about a stock then you should not buy it. I personally would never buy an option outright and look to reduce my cost basis by selling options around it such as:"}
{"_id": "300213", "title": "", "text": "If I understand correctly, you're actually asking why there isn't a society whose members generally accept/use any currency for transactions, and just like, Google the exchange rate or something.  The answer is because it's exceptionally inconvenient.  Can you imagine having a wallet with 200 pouches for all the different currencies?  Why would you want to deal with exchange rates all the time?  What if the value of a currency changes?  (A single currency at least has the illusion of being stable).  Et cetera."}
{"_id": "300214", "title": "", "text": "The 5% to 6.5% loan rates are a bit high. You'll probably want to pay those off first, and make it one of your priorities as soon as you have a 6-month savings fund. This should probably take precedence over savings for retirement, unless you're giving up a 401(k) match. Pay extra on the highest-interest loan until it's all paid off, then switch to the next one down, and accelerate the payoff as much as you can. If you're looking at a loan at 6% and a payoff date in 8 years or so (2020), am extra dollar paid now will save you ~$0.60. Not a bad return in general, and an excellent return for something that's zero-risk. The other loans, at 2-3%, are different. An extra dollar paid now on a 2% loan will save you $0.17 over 8 years. That's a pretty mediocre return. If you have a good, stable job and good job prospects, and a decent family support network, and few commitments like children and mortgages, and a low cost of living... generally, the things that help you have a high tolerance for risk... then you should consider investing your money in the stock market instead of paying off these loans any earlier than you need to. (Broad index funds and the like, not individual stocks)."}
{"_id": "300229", "title": "", "text": "Everyone thinks that before buying the home recognize  the condition of the home. In that case we will help you, it is an one most trustable building inspection company in Australia.  We carry out by a very good  inspector, the Assured Building Inspections are the most and  regulatory  property inspections and reports company, which is to be held in your city. We are responsible for overseeing the handiest and green services. It's additionally called Australia's biggest  pre purchasing building inspections. Building inspectors effect the planning and creation ranges of initiatives and check out compliance with building codes."}
{"_id": "300242", "title": "", "text": "What should I do? Weigh your options and decide which education investment lines up better with your goals. Some of the costs from pursuing a degree at the more reputable university may include: However there are probably some benefits to pursuing a degree at this university: You will know best which of these apply to you in addition to any pros or cons not mentioned. You need to evaluate each one in order to make a decision."}
{"_id": "300251", "title": "", "text": "Amazon's DRM aims to lock-in as many customers as possible (except the tech-savvy crowd that knows how to circumvent DRM, as you noted) at the point of sale, and they don't really care if you then read your book on the kindle app or the kindle itself. I think the blog author's point about a risk of monopsony still stands, if Amazon becomes the main point of sale for ebooks. The internet winner-takes-all effect will create a completely different playing field for the publishers when compared to the more fragmented paper bookstore landscape."}
{"_id": "300254", "title": "", "text": "I suggest you have a professional assist you with this audit, if the issue comes into questioning. It might be that it wouldn't. There are several different options to deal with such situation, and each can be attacked by the IRS. You'll need to figure out the following: Have you paid taxes on the reimbursement? Most likely you haven't, but if you had - it simplifies the issue for you. Is the program qualified under the employers' plan, and the only reason you're not qualified for reimbursement is that you decided to quit your job? If so, you might not be able to deduct it at all, because you can't take tax benefits on something you can be reimbursed for, but chose not to. IRS might claim that you quitting your job is choosing not to get reimbursement you would otherwise get. I couldn't find from my brief search any examples of what happened after such a decision. You can claim it was a loan, but I doubt the IRS will agree. The employer most likely reported it as an expense. If the IRS don't contest based on what I described in #2, and you haven't paid taxes on the reimbursement (#1), I'd say what you did was reasonable and should be accepted (assuming of course you otherwise qualify for all the benefits you're asking for). I would suggest getting a professional advice. Talk to a EA or a a CPA in your area. This answer was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer"}
{"_id": "300256", "title": "", "text": "Please post your comment to my blog's comment section where it is more accessible to those who are interested in this specific topic and our discussion.  I will respond over there later today when I am finished work. Thanks!"}
{"_id": "300264", "title": "", "text": "\"I don't think \"\"cost of carry\"\" is the right word here.  Yes, you have the opportunity cost (what you could have earned during that time if you had invested the money somehwere else) and then you also have interest rate risk and default risk.\""}
{"_id": "300272", "title": "", "text": "Did you read the article?    You can say that generics aren't fakes, but the article wasn't about generics.  FTA:  Lab analysis of the Zyprexa tablets confirmed that they were fake, containing only 55 to 80 per cent of the active ingredient."}
{"_id": "300280", "title": "", "text": "Well sure you can ask. You can ask for the sun, the moon, and the stars too. Whether they are willing to accommodate you depends on how the local real estate market is doing. In the US from 2007-2010, realtors were signing all sorts of deals like this. Be realistic about what you are asking for. You want them to sell you the property for less then they are asking for it, and you want to insert yourself into the seller-realtor relationship and tell them how to split up the proceeds, when they already have a contract establishing that. On top of that, while the realtor would get the same amount at closing, they would have had to do all the work normally split between two agents (arranging papers, escrow, and title transfer, etc). Why would that be appealing to them unless you are the only interested buyer?"}
{"_id": "300287", "title": "", "text": "\"Exactly what you do with the money depends on various personal choices you'll have to make for yourself.  Investing your money in Vanguard index funds such as the ones you mentioned is certainly one smart move.  However, I think you're quite right to be suspicious of an advisor with a 1% fee.  In many cases, such advisors are not worth their costs.  The thing to remember is that, typically with that type of fee structure, you always pay the costs, even if the advisor turns out to be wrong and your money doesn't grow. One thing to check is whether the advisor you mentioned is paid only by the fees he charges (a \"\"fee-only financial planner') , or whether he also makes money via the sales of financial products.  Some advisors earn money by selling you financial products (such as mutual funds), which can create a conflict of interest.  You can read about fee-only financial advisors and choosing a financial advisor on Investopedia.\""}
{"_id": "300297", "title": "", "text": "\"To expand on what @fishinear and some others are saying:  The only way to look at it is that the parents have invested, because the parents get a % of the property in the end, rather than the original loan amount plus interest.  It is investment; it is not a loan of any kind.  One way to understand this is to imagine that after 20 years, the property triples in value (or halves in value).  The parents participate as if they had invested in 75% ownership of the property and the OP as if 25% ownership of the property. Note that with a loan, there is a (potentially changing) outstanding loan balance, that could be paid to end the loan (to pay off the loan), and there is an agreed upon an interest rate that is computed on the outstanding balance \u2014 none of those apply to this situation; further with a loan there is no % of the property: though the property may be used to secure the loan, that isn't ownership. Basically, since the situation bears none of the qualities of a loan, and yet does bear the qualities of investment, the parents have bought a % ownership of the property. The parents have invested in 75% of the real estate, and the OP is renting that 75% from them for: The total rent the OP is paying the parents for their 75% of the property is then (at least) $1012.50/mo,  A rental rate of $1012.50/mo for 75% of the property equates to a rental price of $1350/mo for the whole property. This arrangement is only fair to both parties when the fair-market rental value of the whole property is $1350/mo; it is unfair to the OP when the fair-market rental value of property is less, and unfair to the parents when the fair-market rental value of property is more.   Of course, the fair-market rental value of the property is variable over time, so the overall fairness would need to understand rental values over time. I feel like this isn't actually a loan if I can never build more equity in the condo. Am I missing something? No, it isn't a loan.  You and your parents are co-investing in real estate.  Further, you are renting their portion of the investment from them. For comparison, with a loan you have 100% ownership in the property from the start, so you, the owner, would see all the upside/downside as the property valuation changes over time whether the loan is paid off or not. The borrower owes the loan balance (and interest) not some % of the property.  A loan may be secured by the property (using a lien) but that is quite different from ownership.  Typically, a loan has a payment schedule setup to reduce the loan balance (steadily) over time so that you eventually pay it off.  With a loan you gain equity % \u2014 the amount you own outright, free & clear \u2014 in two ways, (1) by gradually paying off the loan over time so the unencumbered portion of the property grows, and (2) if the valuation of the property increases over time that gain in equity % is yours (not the lenders).  However note that the legal ownership is all 100% yours from the start. Are my parents ripping me off with this deal that doesn't allow me to build my equity in my home? You can evaluate whether you are being ripped off by comparing the $1350/mo rate to the potential rental rate for the property over time (which will be a range or curve, and there are real estate websites (like zillow.com or redfin.com, others) to help estimate what fair-market rent might be). Are there similar deals like this...?  A straight-forward loan would have the borrower with 100% legal ownership from the start, just that the property secures the loan.  Whereas with co-investment there is a division of ownership % that is fixed from the start.   It is unusual to have both investment and loan at the same time where they are setup for gradual change between them.  (Investment and loan can certainly be done together but would usually be done as completely separate contracts, one loan, one investment with no adjustment between the two over time.) To do both investment and loan would be unusual but certainly be possible, I would imagine; however that is not the case here as being described.  I am not familiar with contracts that do both so as to take over the equity/ownership/investment over time while also reducing loan balance.  Perhaps some forms of rent-to-own work that way, something to look into \u2014 still, usually rent-to-own means that until the renter owns it 100%, the landlord owns 100%, rather than a gradual % transfer over time (gradual transfer would imply co-ownership for a long time, something that most landlords would be reluctant to do).   Transfer of any particular % of real estate ownership typically requires filing documents with the county and may incur fees.  I am not aware of counties that allow gradual % transfer with one single filing.  Still, the courts may honor a contract that does such gradual transfer outside of county filings. If so, what should I do? Explain the situation to your parents, and, in particular, however far out of balance the rental rate may be.  Decide for yourself if you want to rent vs. buy, and where (that property or some other).  If your parents are fair people, they should be open to negotiation.  If not, you might need a lawyer.   I suspect that a lawyer would be able to find several issues with which to challenge the contract. The other terms are important as well, namely gross vs. net proceeds (as others point out) because selling a property costs a % to real estate agents and possibly some taxes as well. And as the others have pointed out, if the property ultimately looses value, that could be factored in as well. It is immaterial to judging the fairness of this particular situation whether getting a bank loan would be preferable to renting 75% from the parents.  Further, loan interest rates don't factor into the fairness of this rental situation (but of course interest rates do factor into identifying the better of various methods of investment and methods of securing a place to live, e.g. rent vs. buy). Contributed by @Scott: If your parents view this as an investment arrangement as described, then you need to clarify with them if the payments being made to them are considered a \"\"buy out\"\" of their share. This would allow you to gain the equity you seek from the arrangement. @Scott: Terms would have to be (or have been) declared to that effect; this would involve specifying some schedule and/or rates.  It would have to be negotiated; this it is not something that could go assumed or unstated.  -- Erik\""}
{"_id": "300298", "title": "", "text": "First - Google's snapshot -  Then - Yahoo -  I took these snapshots because they will not exist on line after the market opens, and without this context, your question won't make sense. With the two snapshots you can see, Yahoo shows the after hours trades and not just the official market close for the day. The amount it's down is exactly tracked from the close shown on Google. Now you know."}
{"_id": "300303", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/9/29/16375160/gop-tax-plan-ryan-corporate-cut-full-expensing) reduced by 96%. (I'm a bot) ***** &gt; Conservatives think corporate tax cuts are essential for boosting growth Besides the wage issue, there&amp;#039;s another reason conservatives typically support cutting corporate tax rates: because they hit capital at least in part, and orthodox economic models predict that the tax on capital should be zero.  &gt; Exempting foreign profits from tax brings the US in line with other rich countries The GOP tax plan moves the US from a &amp;quot;Worldwide deferral tax system&amp;quot; - in which US companies are taxed on all their earnings but foreign profits aren&amp;#039;t taxed until they&amp;#039;re brought back - to a &amp;quot;Territorial system,&amp;quot; in which foreign profits aren&amp;#039;t taxed at all.  &gt; The plan expands the child tax credit, a major &amp;quot;Reform conservative&amp;quot; priority In its trademark vague way, the GOP tax reform framework specifies that the child tax credit, which currently offers $1,000 per kid, will be increased.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73qa9s/the_best_economic_case_for_the_gops_new_tax_plan/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220395 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **rate**^#2 **corporate**^#3 **more**^#4 **percent**^#5\""}
{"_id": "300322", "title": "", "text": "\"It's not specifically old people, but people who think the world revolves around them.  \"\"We're Sears! We put out the catalog that everyone uses to plan their entire life,\"\" they'd exclaim while having their secretary type out a memo. \"\"Who'd ever buy something from a company that you can't pick up the phone and call to place an order? Who'd want to use a *computer* to buy something? Nonsense.\"\"\""}
{"_id": "300331", "title": "", "text": "You're assuming that landlords base rental rates on what tenants or potential tenants can afford to pay and that is not the way it works: They base their rental rates on what they think they can get on the market, not what they think the potential tenant can pay.   Complicating things now concerning rental rates, at least in the U.S., is the monsterous influx of foreign capital looking for a safe haven for storing wealth and it's really messing up our housing markets.  Complicating this complication is that housing is really an infrastructure issue and should not be left willy-nilly to capitalists to provide since they have proven a thousand-million times over they are completely incompetent when it comes to adequately dealing with anything more complicated than a quarterly return projected over five quarters. Seriously, capitalism is at its end times and it will either evolve into something that works or it will be swept away and replaced with something that does work."}
{"_id": "300367", "title": "", "text": "Tax-exempt interest (and dividends attributable to tax-exempt interest) is required to be reported on Form 1040 line 8b (or the analogous line of Form 1040A).  While it is not directly taxed, it does come into play in the calculation of taxable income and various credits.  For example, tax-exempt interest is counted when determining the portion of Social Security benefits to be included in gross income."}
{"_id": "300370", "title": "", "text": "Wrong.   In 2013, 41% of the total federal government's expenditures supported just Social Security and Medicare, per social security #s. Over 27% is spend on medicare and health. Military spending sits above 15%. Corporate subsidies in 2013 sat around 110 billion per year, so 3% max.  Medicaid was expanded by the ACA and now consumes 26% of total state expenditures.   Further, CBO estimates that the country's major health-care programs (Medicare, Medicaid, CHIP, and ACA) will grow to 14% US GDP by 2039 -- twice the 7% average over the past 40 years.   EDIT: also wanted to point out that General Accountability Office (GAO) estimates that improper payments as a result of fraud, waste, or abuse in the Medicare program totaled nearly $50 billion in FY 2013. Bear in mind corporate subsidies in 2013 was $110 billion. Medicare ~~fraud~~ improper payments alone was 45% of total corporate subsidies."}
{"_id": "300373", "title": "", "text": "I think that their listener stats bring new investors on board.  For instance, you listen to a song and when it ends another song starts to play (you can't turn that feature off).  By doing this they have doubled their apparent number of songs listened to."}
{"_id": "300383", "title": "", "text": "No argument there. Neither matters, though a minor in business/finance can round out an engineering/math/hard science degree for getting into banking.  &gt;And if we are going to talk about wasting ones time, I think majoring in finance is a good place to start....  Uh, for finance jobs? That makes no sense. The careers are basically the highest paid in the US on average without requiring a specialized skillset."}
{"_id": "300384", "title": "", "text": "\"Everyone has items that they consistently purchase.  I don't really need to see a picture of JIF Peanut Butter in order to buy it. Also if all you do is make a list at your computer and then put it aside until you're ready to purchase, it can now be down w/ voice commands.  Google has never hidden their desire to build Star Trek's \"\"Computer\"\" so all of this seems in-line w/ that.\""}
{"_id": "300391", "title": "", "text": "Here is a pretty exhaustive article on that question. Long story short, it is an insurance policy against the possibility that the person selling the property to you doesn't legally own it. If there was some mistake or fraud along the way the proper owner could theoretically repossess the property without you getting your money back. If you are financing the property, it is almost a certainty that the lender will require you to buy it whether you want it or not."}
{"_id": "300394", "title": "", "text": "\"&gt; What if you felt you were cheated by the bank?   I could ask a judge if I were.  My subjective feelings are of no relevance for the validity of the contract.    &gt; What if you had something terrible unexpected happen to you financially?    Then I might get bankrupt as a consequence.  I did try to make certain that I can pay my loan even if something terrible happens to me.  That's why I live in a much smaller house in a less fancy neighbourhood.    &gt; Also a loan is not a promise. A loan is a contract.  Every contract is a binding promise, establishing rights and obligations.  That's the whole point of a contract.    &gt; The contract has outs for all parties.   Under certain conditions, a contract can have termination clauses.  But by far not all contracts have them.  And from a loan contract there is no \"\"out\"\" -- it is just that if you don't have any money to pay, you don't have any money to pay.    The whole concept of bankrupcy is just there to regulate the proceedings if you don't have the money to pay your dues -- not a convenient tool to cheat on your contractual obligations.  If it can be abused to this end, it needs to be reformed.\""}
{"_id": "300404", "title": "", "text": "I feel sorry for the workers who are going to lose their jobs. I wonder how big of a bonus the scumbags in charge are going to make this year?   The new CEO was hired this year was paid a $1 million base salary, a $150000 signing bonus, $6 million in restricted stock."}
{"_id": "300412", "title": "", "text": "It's easiest to get your payment from the PMT function in Excel or Google Sheets.  So a $100,000 30 year mortgage at 3% looks like this: The basic calculation is pretty simple.  You take the annual interest rate, say 3%, divided by 12, times the existing principal balance: The idea is that borrowers would like to have a predictable payment.  The earlier payments are proportionally more interest than principal than later payments are but that's because there is much more principal outstanding on month 1 than on month 200."}
{"_id": "300418", "title": "", "text": "If the employer provides housing to the employee, the employer has to identify whether it is taxable or not. If it is - the amounts would be added to the taxable income on your W2. All the withholding and FICA tax calculations will be performed based on that taxable income. If the employer fails to do that, and you get audited, you can be left on the hook for the unpaid taxes on the unreported income. In some cases, employee housing is a non-taxable fringe benefit, in others it is taxable. Your tax adviser will help identify which case applies to you. After you added in a comment that you're trying to see if you should be asking your boss to pay your personal expenses vs. giving you a raise - as I said in the comments, your personal expenses are not deductible neither for you nor for anyone else. If your boss pays your rent instead of a raise - its taxable income for you."}
{"_id": "300425", "title": "", "text": "For an inherited IRA, there are a few options for taking distributions. You clearly haven't done option 1. It sounds like you haven't done option 2 because otherwise you would probably know how it is taxed. That leaves you with option 3.  With option 3, you must distribute the entire amount within 5 years.  For you, I'm not sure if that means you need to distribute the entire amount by the end of 2016 or 2017.  If it was 2016, then you'll probably have to pay penalties. Distributions from an inherited IRA are taxed as ordinary income regardless of your age or the distribution option you select."}
{"_id": "300438", "title": "", "text": "The account doesn't have to be associated with a specific health plan. There are some accounts that work that way. In fact, mine does. But I didn't go to a bank and open it up, it came as a package deal with my employer's health plan. Furthermore I don't contribute to it, the company does. If I wish to contribute my own funds, I have a separate Flexible Spending Account (FSA). This is not tied to my health plan. I can make qualified purchases at Wal Mart, Target, or wherever I choose. Then I can submit the receipts for reimbursement.  In your case it sounds like your HSA works more like my FSA. The relevant question here is 'How do I (you) withdraw funds from the HSA?' There are a few different possibilities. Some accounts have a debit card, some give you checks, some have a reimbursement process similar to my FSA. (Some have more than one option available.) In your case you should contact Bank of America to determine how to withdraw funds from your account."}
{"_id": "300452", "title": "", "text": "&gt; building relationships from within to help with employee happiness  This is HR and management.  &gt; find inefficiencies  This is engineers (well, good ones) and intrepreneurs / R&amp;D.  &gt; report on anything illegal or unethical that may be going on at the company  This should hopefully be everyone."}
{"_id": "300459", "title": "", "text": "Hello Ms./Mr. ,   My name is someguy82 and I'm a fellow alumnus of xxxxxx University - class of 20xx. I hope you don't mind, but I got your email address through the alumni network at xxxxxx University. I am interested in hearing about how you have progressed in your professional life since xxxxxx University/current role/etc.  I would love to know more about your current work in financial services/investments/etc. I am sure that you must have a very busy schedule, so I can assure you I won't take up more of your time than you are willing or able to give.   If you're free I can meet you for coffee/lunch near your work/building.    I hope to hear from you soon!  Kind Regards, someguy82"}
{"_id": "300460", "title": "", "text": "\"I'm not 100% certain on boats, since they aren't typically sold for a gain, but the tax base of an asset is typically the cost of the asset plus the cost of any improvements, so your $15,000 gain looks right (check with a CPA to be certain, though, if you can).  Your \"\"cost basis\"\" would be $50,000 + $25,000 = $75,000, and your net gain would be $90,000 - $75,000 = $15,000.  The result is the same, but the arithmetic is organized a little differently. I am fairly confident you cannot include your time in the \"\"cost of improvements\"\".  If you incorporated and \"\"paid yourself\"\" for the time, then the payment would be considered income (and taxed), if it was even allowed. Depending on your tax bracket that may be a WORSE option for you. You can look at it this way - you only pay the tax on the $15k gain versus paying someone else $15k to do the labor.\""}
{"_id": "300461", "title": "", "text": "\"First, let me answer the question the best way I can: I don't know if there are any studies other than those that have already been mentioned. Now, let's talk about something more interesting: You don't need to base your behavior on any study, even if it is scientific. Let's pretend, for example, that we could find a scientifically valid study that shows that people spend 25% more when using a credit card than they do when spending cash.  This does not mean that if you use a credit card, you will spend 25% more.  All it means is that the average person spending with a credit card spends more than the average person paying cash.  But there are outliers.  There are plenty of people who are being frugal while using a credit card, and there are others who spend too much cash.  Everyone's situation is different.  The idea that you will automatically spend less by using cash would not be proven by such a study. When hearing any type of advice like this, you need to look at your own situation and see if it applies to your own life.  And that is what people are doing with the anecdotal comments.  Some say, \"\"Yep, I spend too much if I use a card.\"\" Others say, \"\"Actually, I find that when I have cash in my wallet, I spend it on junk.\"\"  And both are correct.  It doesn't matter what the study says the average person does, because you are not average. Now, let's say that you are a financial counselor who helps people work through disastrous financial messes.  Your client has $20,000 in credit card debt and is having trouble paying all his bills.  He doesn't have a budget and never uses cash.  Probably the best advice for this guy is to stop using his card and start paying cash.  It doesn't take a scientific study to see that this guy needs to change his behavior. For what it is worth, I keep a strict budget, keeping track of my spending on the computer.  The vast majority of my spending is electronic.  I find tracking my cash spending difficult, and sometimes I find that when I have cash in my wallet, it seems to disappear without a trace.  :)\""}
{"_id": "300469", "title": "", "text": "I think you're cool for now. Where is the money going if not USD now? Euro? No way. So USA is still a safe bet for now and it'll keep on rising. Trump only accelerated it, the eventual crash was and still is inevitable, at least it'll come faster, but how long off are we still before the new crash? That's the money question."}
{"_id": "300480", "title": "", "text": "\"We asked, \"\"How do you get Google Rank search results?\"\" And now we know! Google has quietly left on how to get the websites and Moz SEO website, which even performs a survey of search engine ranking factors with the last state of 2017.  Google has listed about 200 other factors in the ranking of a page and, of course, each of these factors is significant, but it is explicitly mentioned by a Google employee.\""}
{"_id": "300485", "title": "", "text": "I just received the following email from Amazon, after my many phone calls of yesterday: So that confirms the accepted answer above.  Unfortunately, no word on why they don't provide it on the online invoices.  If they get back to me again, I will update."}
{"_id": "300486", "title": "", "text": "It's called bartering and the IRS has a page titled Four Things to Know About Bartering. The summary is -  The bottom line is this is taxable."}
{"_id": "300489", "title": "", "text": "\"I will disagree with the other answers. The idea that there is some to establish a \"\"credit history\"\" is largely a myth propagated by loaners who see it as positive propaganda to increase the numbers of their prospective customers. You will find some people who claim they were rejected for a card because they had no \"\"credit history,\"\" but in every case what these people are not telling you is they also had no income (were students, house wives, or others with no steady income). Anyone who has income can get a credit card or other line of credit regardless of their \"\"credit history.\"\" Even people who have gone bankrupt can get credit cards if they have proven income. If your answer to this is that \"\"you have no income, but still want a credit card\"\", I would advise you to re-read that sentence several times and think carefully about it. I have never had a credit card and never missed having one, except when trying to rent cars which was somewhat complex and annoying to do in the 2005-2010 time period without a credit card. Credit cards have a number of disadvantages: I definitely agree with those who will tell you credit cards are convenient, they are, but for someone who wants to be financially prudent and build wealth they are unnecessary and unwise. If you don't believe me, read \"\"The Total Money Makeover\"\" by David Ramsey, one of the most famous and best-selling books ever written on personal finance. He actually will give you much better and detailed reasons to avoid CCs than me. After all, who am I, just some dumb rich schmuck with lots of money and no debt and a happy life. Comment on Culture I think it is pretty funny we have a lot of spendthrift Americans in this thread basically telling the OP to get lots of credit cards as soon as possible. If you asked the same question in Japan you would get completely different answers and votes. In Japan its hard to even use credit cards. The  people there are much more responsible financially than Americans; the average Japanese person has much higher wealth than a person with the same income in the United States. One of the reasons for this, among many, is that the average Japanese person does not use credit cards. A Japanese person, if you translated this question for them, would think the whole thing a typical example of how foolish Americans are.\""}
{"_id": "300505", "title": "", "text": "From where I'm sitting right now, there are 8 Enterprise Rent-A-Cars within 10 miles of my location.  On their website, they claim that their 5500 locations are within 15 miles of most consumers.   They currently offer a ride share program for the commute to work that is interesting.  I'm not 100% sure on the details, though."}
{"_id": "300510", "title": "", "text": "\"These government mandates of minimum wage will cause more problems than they will solve. I don't know how many of you own a small business but I can give you a real world example here in the City of Chicago. On July 1st, 2017 the minimum wage will increase to $11.00 while at the same time they're introducing a .01 per oz \"\"Sugar Tax.\"\"  The amount of additional work needed to keep track of sugar consumption will be burdensome for small businesses who will have to raise prices to accommodate the new labor costs and tax. Customers are price sensitive so they will usually go for the cheaper option which can be provided only by corporate/big business who have the ability to automate certain positions in the labor supply chain which is currently happening. I wouldn't be surprised if the timeline for kiosks/self-service robot implementation is on par with the $15.00 minimum wage deadline in 2019. To sum up, big business wins and labor loses but I guess results don't matter when your intentions are \"\"good.\"\"\""}
{"_id": "300511", "title": "", "text": "The writers choice of the word earned needs to be changed to extracted.\u00a0 Is it shocking that after the federal reserve handed the house trillions of new poker chips that the house wins big?\u00a0 A monetary system is whatever the people with the money want it to be.\u00a0 They chose unuseable riches for themselves and destitution for others.\u00a0 Monetaty systems are not organic, they are fabricated."}
{"_id": "300512", "title": "", "text": "I mean, at a personal level, I do this all the time. I will absolutely take advantage of low interest financing offers if I know I can make more money with the outstanding balance than will be drawn in interest.  It can also make sense from a risk management perspective: I need liquidity even if I can cover the cost, I anticipate needing a large sum of cash over a short interval during the finance period. If I were to pay all upfront the cumulative expenditures would Darwin me too close to my safety threshold for my comfort level, but by financing I can distribute the risk and keep a higher margin for error over the course of the loan."}
{"_id": "300524", "title": "", "text": "$15/hr is nothing for supply and demand right now.   For Tuesday night I found most mid tier hotels sold out in the whole area and rooms were hard to find for less than $300. Anecdotal but ya get the point."}
{"_id": "300526", "title": "", "text": "Why do you think there's a lack of people pursuing entrepreneurial opportunities then?  Assuming these are economically rational people who want to maximize their personal payoffs, what's holding them back?  I apologize for my previous biased assumption that there would be a lack of food. And obviously since they have food they have water to grow it."}
{"_id": "300554", "title": "", "text": "Personally I would hold off on buying a house until you have the credit card paid down even more or paid off completely so that it is one less bill you have to worry about and once it is paid off you free up that much more money to maintain the home. Likewise, you also have a lot of variables right now and the resolution of those variables will affect how much you can afford in the way of a home. The less surprises the better. As I'm sure you know, being a home owner can be quite expensive and if something ends to be repaired then you have to pay for it out of your own pocket, at least when you are renting that falls onto someone else. Likewise, unless you are confident that the market has bottomed out by you, you might find that you are underwater on the mortgage once everything is said and done. If you want to start making process towards buying a home though, you could check to see if any of the local banks or credit unions have some sort of savings program where you get higher interest rates in exchange for designating the savings for the down payment on a mortgage. Likewise, you could just find a high yield savings account and start making automatic transfers into it every month."}
{"_id": "300563", "title": "", "text": "In order to ensure great feasible effects, the organisation utilizes state-of-the-art search engine optimization tools and employ superior strategies. By having their skilled and custom search engine optimization services you may gain the preferred consequences. Your website will obtain top ranks in Google, Yahoo, Bing, MSN and lots of other important search engines like google and yahoo. By having such virtual advertising dubai services we are top seo companies in dubai, it is a really perfect option to do not forget which will get the productive outcomes. Your internet site turns into greater seen and grabs extra attention of the customers. The excessive visibility of a website leads to greater enterprise and excessive ROI as well."}
{"_id": "300572", "title": "", "text": "\"AI and robotics are going to destroy millions of jobs.  That's not necessary a bad thing. The human species should not want to spend eternity in agonizing menial labor over something as make-believe as \"\"money\"\".  If the cards are played right, eliminating menial jobs will be a good thing. It would mean easier and more luxurious lives for most people. Folks who are currently doing jobs which will be replaced such as commercial truck drivers, can learn new trades and/or be transitioned to different roles in their industry, preferably without starting over from nothing.  but it's going to happen, and it would be irresponsible to give menial laborers the impression that their jobs will still exist somehow.\""}
{"_id": "300587", "title": "", "text": "A stop-loss does not guarantee a sale at the given price; it just automatically triggers an unlimited sale as soon as the market reaches the limit. Depending on the development, your sale could be right at, slightly under, or deeply under the stop-loss limit you gave - it could even be it is never executed, if there are no further deals. The point is that each sell needs a partner that buys for that price, and if nobody is buying, no sale happens, no matter what you do (automated or manually) - your stop loss cannot 'force' a sale. Stop-loss works well for minor corrections in liquid shares; it becomes less useful the less liquid a share is, and it will not be helpfull for seldomly traded shares."}
{"_id": "300621", "title": "", "text": "Depends on the type of company and hes smart enough to contribute particular gender roles to the success of particular companies. It is absolutely not rocket science. It is however a blanket statement to state that women run companies make him the most money."}
{"_id": "300630", "title": "", "text": "&gt; How has he made the business environment here attractive to Foxcon?   for one thing, Trump is PRO business, PRO jobs, PRO America  **the exact opposite of Obama** who spent all his time piling on taxes, [regulations and restrictions](http://www.washingtontimes.com/news/2017/may/31/obamas-regulations-in-2016-to-drain-economy-by-2-t/).  The world sees America is now re-opened for business"}
{"_id": "300641", "title": "", "text": "The capital gain is counted as part of your income. So with a million capital gain you will be in a high tax bracket, and have to pay the corresponding capital gains tax rate on the million."}
{"_id": "300652", "title": "", "text": "There are numerous approaches to lose a ton of weight quick. Be that as it may, the majority of them will make you eager and unsatisfied. In the event that you don't have press determination, at that point appetite will make you abandon these arrangements rapidly. To weight loss, every one of your dinners ought to incorporate a protein source, a fat source and low-carbon vegetables. High protein diets can likewise decrease over the top musings about nourishment by 60%, diminish crave for late-night nibbling considerably."}
{"_id": "300657", "title": "", "text": "Agreed. Even if you don't wish to stay with the company as you mentioned, OP, getting any qualifications you can (especially when they're free!) before you start job hunting is great. Sure, any company you start at will likely pay for it, anyway, but if you can get it now that means you'll be employed that much faster.   Be sure, however, to check that your current employer who intends on sponsoring you does not have a clause in their contract saying you have to pay it back if you leave within so many months. I'm not sure what the standards in the US are like but in Austria if you receive expensive training, most contracts will require that you continue your employment for at least x amount of months or you have to pay it back in full (or partially). This should all be in your employment contract."}
{"_id": "300660", "title": "", "text": "Go where your money is treated best.  If you can lower your APR, great. It should help a little bit with getting a mortgage if you can reduce your payment.  Your debt-to-income ratio would go down."}
{"_id": "300665", "title": "", "text": "US corporations are allowed to automatically enter employees into a 401K plan.  A basic automatic enrollment 401(k) plan must state that employees   will be automatically enrolled in the plan unless they elect otherwise   and must specify the percentage of an employee's wages that will be   automatically deducted from each paycheck for contribution to the   plan. The document must also explain that employees have the right to   elect not to have salary deferrals withheld or to elect a different   percentage to be withheld. An eligible automatic contribution arrangement (EACA) is similar to   the basic automatic enrollment plan but has specific notice   requirements. An EACA can allow automatically enrolled participants to   withdraw their contributions within 30 to 90 days of the first   contribution. A qualified automatic contribution arrangement (QACA) is a type of   automatic enrollment 401(k) plan that automatically passes certain   kinds of annual required testing. The plan must include certain   features, such as a fixed schedule of automatic employee   contributions, employer contributions, a special vesting schedule, and   specific notice requirements. You generally have a period of time to stop the first deposit. One I saw recently gave new employees to the first paycheck after the 60 day mark to refuse to join. You also may be able to get back the first deposit if you really don't want to join. If you don't want to participate look on the corporate website or the Fidelity website to set your future contributions to 0% of your paycheck. Keep in mind several things: Personally I'm against any type of government sponsored investments or   savings. I can save money on my own and I don't care about their   benefits. Some companies provide an annual  contribution to all employees regardless of participation in the 401K. They do need to establish an account to do that. Again that is free money Does it mean if I never contribute any money so I will have 0 I might   go below 0 and owe them money in case they bankrupt or do bad   investments? Even in total market collapse the value of the 401K could never go below zero, unless the 401K was setup to allow very exotic investments."}
{"_id": "300672", "title": "", "text": "Try hanging around one of the gaming subreddits, the amount of accounts that regularly come out to support multi million dollar industries in whatever their latest attempt to nickel and dime their consumers to get an even fatter bottom line.   It's not even subtle."}
{"_id": "300675", "title": "", "text": "The companies that are directly affected by climate change are the ones to watch.   For example wineries and wine regions, where the wines made are specific to the climate. Burgundy for example needs very specific temperatures to make Pinot Noir and Chardonnay. Other regions may be able to switch grape varietals to match the changing climates, but in Europe you can't just plant whatever you want."}
{"_id": "300695", "title": "", "text": "In my county one can pay your taxes up front, or pay a fee and then pay in 2 installments.  I caught countrywide mortgages paying the fee (from my escrow account) then paying the 2 installments so that they could keep the interest over the 6 months.  After that I've always insisted on not having an escrow account."}
{"_id": "300698", "title": "", "text": "One answer in four days tells you this is a niche, else there should be many replies by now.  The bible is McMillan on Options Note - I link to the 1996 edition which starts at 39 cents, the latest revision will set you back $30 used. The word bible says it all, it offers a great course in options, everything you need to know. You don't get a special account for option trading. You just apply to your regular broker, so depending what you wish to do, the amount starts at   You sell calls against stock you own in your IRA. You see, selling covered calls always runs the risk of having your stock called away, and you'd have a gain, I'd hope. By doing this within the IRA, you avoid that.  Options can be, but are not always, speculative. Covered calls just change the shape of your return curve. i.e. you lower your cost by the option premium, but create a fixed maximum gain. I've created covered calls on the purchase of a stock or after holding a while depending on the stock. Here's the one I have now: MU 1000 shares bought at $8700, sold the $7.50 call (jan12) for $3000.  Now, this means my cost is $5700, but I have to let it go for $7500, a 32% return if called. (This was bought in mid 2010, BTW.) On the flip side, a drop of up to 35% over the time will still keep me at break even. The call seemed overpriced when I sold it. Stock is still at $7.20, so I'm close to maximum gain. This whole deal was less risky than just owning one risky stock. I just wrote a post on this trade Micron Covered Call, using today's numbers for those actually looking to understand this as new position. (The article was updated after the expiration. The trade resulted in a 42% profit after 491 days of holding the position, with the stock called away.) On the other hand, buying calls, lots of them, during the tech bubble was the best and worst thing I did. One set of trades' value increased by a factor of 50, and in a few weeks blew up on me, ended at 'only' triple. I left the bubble much better off than I went in, but the peak was beautiful, I'd give my little toe to have stayed right there. From 99Q2 to 00Q2, net worth was up by 3X our gross salary. Half of that (i.e. 1.5X) was gone after the crash. For many, they left the bubble far far worse than before it started. I purposely set things up so no more than a certain amount was at risk at any given time, knowing a burst would come, just not when. If nothing else, it was a learning experience.   You sell calls against stock you own in your IRA. You see, selling covered calls always runs the risk of having your stock called away, and you'd have a gain, I'd hope. By doing this within the IRA, you avoid that.  Options can be, but are not always, speculative. Covered calls just change the shape of your return curve. i.e. you lower your cost by the option premium, but create a fixed maximum gain. I've created covered calls on the purchase of a stock or after holding a while depending on the stock. Here's the one I have now: MU 1000 shares bought at $8700, sold the $7.50 call (jan12) for $3000.  Now, this means my cost is $5700, but I have to let it go for $7500, a 32% return if called. (This was bought in mid 2010, BTW.) On the flip side, a drop of up to 35% over the time will still keep me at break even. The call seemed overpriced when I sold it. Stock is still at $7.20, so I'm close to maximum gain. This whole deal was less risky than just owning one risky stock. I just wrote a post on this trade Micron Covered Call, using today's numbers for those actually looking to understand this as new position. (The article was updated after the expiration. The trade resulted in a 42% profit after 491 days of holding the position, with the stock called away.) On the other hand, buying calls, lots of them, during the tech bubble was the best and worst thing I did. One set of trades' value increased by a factor of 50, and in a few weeks blew up on me, ended at 'only' triple. I left the bubble much better off than I went in, but the peak was beautiful, I'd give my little toe to have stayed right there. From 99Q2 to 00Q2, net worth was up by 3X our gross salary. Half of that (i.e. 1.5X) was gone after the crash. For many, they left the bubble far far worse than before it started. I purposely set things up so no more than a certain amount was at risk at any given time, knowing a burst would come, just not when. If nothing else, it was a learning experience."}
{"_id": "300703", "title": "", "text": "The most obvious route is to short the lenders, preferably subprime. Since there are no lenders that operate exclusively in San Francisco, you could look north at Canada. The Canadian real estate market (esp. Vancouver) is just as overheated as the San Francisco market. As a start, famous short seller Marc Cohodes recommends HCG (Home Capital Group) as an opportune short."}
{"_id": "300705", "title": "", "text": "Yes you can. I'm a foreigner who uses a tourist visa to enter America and Bank of America opened a checking account for me. I had to go into the branch with my passport and a driving license and it was opened with $100. You do need to give a US address so statements can be sent out but that's about it."}
{"_id": "300707", "title": "", "text": "That's a pretty good writeup. The conclusion is worth noting here:  &gt;He believes that when you add all the environmental impacts, they still come out in favor of electric vehicles. (The Union of Concerned Scientists agrees; it found that even when you add in emissions from battery manufacturing, EVs generate half the emissions of a conventional car over the course of its life.) Still, consumers and investors should understand what it takes to make the materials that enable their green choices.   Electric cars still seem to come out on top, though they could get better. We need to be aware of the issues, so we can hopefully push for better mining practices, for greener energy, and for awareness of potential trouble points such as recycling."}
{"_id": "300709", "title": "", "text": "The uptick rule is gone, but it was weakly reintroduced in 2010, applied to all publicly traded equities: Under the terms of the rule, a circuit breaker would be triggered if a stock falls by 10% or more in a single day. At that point, short selling would only be allowed if the price is above the current national best bid, a restriction that would apply for the rest of the day and the whole of the following day. Derivatives are not yet restricted in such ways because of their spontaneous nature, requiring a short to increase supply; however, this latest rule widens options spreads during collapses because the exemption for hedging is now gone, and what's more a tool used by options market makers, shorting the underlying to offset positive delta, now has to go to the back of the selling line during a panic. Bonds are not restricted because for one there isn't much interest in shorting because bonds usually don't have enough variance to exceed the cost of borrowing, and many do not trade frequently enough because even the cost to trade bonds is expensive, so arranging a short in its entirety will be expensive.  The preferred method to short a bond is with swaps, swaptions, etc."}
{"_id": "300721", "title": "", "text": "This is ideal placement for your allocation to income investments or those with nonqualified dividends: bonds, REITS, MLPS, other partnerships, and so forth.  These are all taxed at income rate, generally throw off more income than capital gains, so you get the deferment without losing the cap gains rate."}
{"_id": "300733", "title": "", "text": "A couple weeks ago, a package I has ordered same-day from amazon was delivered by some guy in a honda accord. No uniform. No logos. Dude just pulled up, parked, hopped out, put it on my doorstep, and drove off.   Was that uber?"}
{"_id": "300743", "title": "", "text": "\"&gt; Spoken like somebody with relatively wealthy parents.  More like someone who has gone to school with hundreds of people that didn't belong there.  I was a \"\"gifted\"\" student. I would be fine either way.. which is how it is supposed to be. Banks are making money hand over fist by selling the dream to high school kids that have no clue about the world. Degrees are almost worthless as anything other than a certification at this point.\""}
{"_id": "300749", "title": "", "text": "\"I'm assuming you're operating on the cash basis of accounting, based on your comment \"\"Cash, I think that's the only way for a sole propriator (sic)\"\" Consider: There are two distinct but similar-name concepts here: \"\"paid for\"\" (in relation to a expense) and \"\"paid off\"\" (in relation to a debt).  These both occur in the case you describe: Under the cash basis of accounting, when you can deduct an expense is based on when you paid for the expense, not when you eventually pay off any resulting debt arising from paying for the expense. Admittedly, \"\"cash basis\"\" isn't a great name because things don't solely revolve around cash. Rather, it's when money has changed hands \u2013 whether in the form of cash, check, credit card, etc.  Perhaps \"\"monetary transaction basis\"\" might have been a better name since it would capture the paid-for concept whether using cash or credit.  Unfortunately, we're stuck with the terminology the industry established.\""}
{"_id": "300768", "title": "", "text": "I highly recommend this interview from a few years ago with their CEO:    https://m.youtube.com/watch?v=O-CiwT2ZTKc     It is impressive the pivot they had to do to stay a dominant toy maker/entertainment company. It seems like this core business vs innovative new business area is an issue many CEOs are struggling with now."}
{"_id": "300769", "title": "", "text": "- The scenarios I presented were precisely at expiry  - I know it is very unlikely to be in the money at expiry, hence my hesitation to actually take the position  - My math is accurate. At expiry January 18th, **2019** if TSLA is at 0$ a share (BK), then my puts will be worth a combined $500,000.  - Side note. These expire January 2019. Just making sure you know."}
{"_id": "300770", "title": "", "text": "Yes, yes - that's my point. The common investors never did invest (or even get to invest) so they didn't lose money as the article claims. It's the idiot institutional funds that got screwed.   Common investors - most of them - knew FB was overvalued."}
{"_id": "300784", "title": "", "text": "\"I agree!  But what are you going to do about jobs where \"\"a bachelor degree is required\"\"?  P/S: once, to be a teller in the bank, you did not need to finish high school, but you needed to know how to add numbers. Today, you can't be a teller unless you have a bachelor degree. You know why? Why not? Too many people have degrees, so, let's require a bachelor degree.\""}
{"_id": "300798", "title": "", "text": "Lol you don't need a college degree for a lot of things has been said to you a billion times and yet you don't give a fuck and continue trying to go on the same stupid road. Nope your shitty janitor does not warrant special treatment to be middle class. It won't happen and honestly now I am starting to understand why your ex is an ex.   You are too stupid to understand that there is skills in dissecting insects, and that more goes into science than stuff some shit into tubes.  Yes that 100k in NYC is less than 40 k elsewhere. Neither is a middle class position. Your point? Oh wait you have no point besides people who can't be bothered to learn and use skills should be paid as much as those who do whine. Well whining about it until you are blue in the face won't change things. If you do however want some basic logic and actually decide to expand your argument beyond janitors need to be paid middle class wages because kid vomit and this other job that I am ignorant about makes it look easy, feel free to come back and have a discussion. Until then suck it up, learn a skill and stop whining."}
{"_id": "300808", "title": "", "text": "Mango is legit, there are some other forums out there with some reviews and discussion about whether or not it's worth the effort of setting it up and following the rules to realize the maximum benefit. The main downside is that Mango is fee-heavy: ATM fees, monthly fees, etc. One person did a calculation that if you follow all the rules and minimize fees, your maximum benefit above what you can get at other online banks with enticing rewards or interest rates is about $250/yr. Is $250 worth the hassle of following the Mango rules? You'll have to decide."}
{"_id": "300812", "title": "", "text": "I'd believe something like 15%, which isn't exactly hidden information. Furthermore, you're probably getting applications from people who are currently employed and looking for a better opportunity. And you may just be in a sector that  was hit particularly hard.   I'm in the IT sector. Unemployment in this field is practically 0."}
{"_id": "300814", "title": "", "text": "And I'm mad that everyone's mad. STOP BEING MAD D:  But seriously, chill out u/3th0s. There are legitimate reasons to keep money in your checking account and it is not a moronic move. A more moronic move would be to have no money available on hand in the event of an emergency, like if your own a house and your boiler breaks or if you get in an accident and have to shell out money for medical bills or if you want to save up so you can pay your larger loans off in full so you don't accrue interest on them (e.g. college loans)."}
{"_id": "300828", "title": "", "text": "Then in USA you need to buy the lists I guess. But if you have lists on your own you just remove the forbidden numbers from your list by syncing the 2 lists together in Excel for example.  If you are calling from a public source like white pages then you need to double check each customer first. For example if you have a product that's for everyone then you don't need lists and can only read all consumers in a city. If you sell something that is good for the whole family then by calling one person you can sell for everyone. A good trick to maximize order value on B2C sales."}
{"_id": "300855", "title": "", "text": "\"You can exclude up to $250000 ($500000 for married filing jointly) of capital gains on property which was your primary residence for at least 2 years within the 5 years preceding the sale. This is called \"\"Section 121 exclusion\"\". See the IRS publication 523 for more details. Gains is the difference between your cost basis (money you paid for the property) and the proceeds (money you got when you sold it). Note that the amounts you deducted for depreciation (or were allowed to deduct during the period the condo was a rental, even if you chose not to) will be taxed at a special rate of 25% - this is called \"\"depreciation recapture\"\", and is discussed in the IRS publication 544.\""}
{"_id": "300879", "title": "", "text": "Extreme Wraps is among the best tint shop offering 3M authorized car window tinting and wrapping services near you at Kent, WA region. Customize your vehicle by tinting car window and vinyl wrap and give it an elegant appearance. Contact today!"}
{"_id": "300882", "title": "", "text": "\"But it can't beat \"\"I'll just run into Best buy on my way home from work\"\".  Retail stores screwed up big by not embracing online shopping, but they'll continue to lurch on because free same day shipping beats free two day shipping.\""}
{"_id": "300884", "title": "", "text": "\"Well their money has to be put somewhere. And I guess the convenience and cost effectiveness of online banking and eTransfers (which is free). I'm a younger millennial, but I'm not like a \"\"bitcoin-avocado\"\" type person, so I wouldn't be able to tell you from that perspective. In terms of investments, maybe those ethical or sustainable mutual funds\""}
{"_id": "300889", "title": "", "text": "Even post meltdown, there are banks that will lend money based on a low loan to value, so 50% might not be a problem. But such loans come at a price. The current 30 year fixed rated is 4.5% or so, but you might see quite a bit higher than this on the loan."}
{"_id": "300896", "title": "", "text": "If you're exchanging cash, then the rule of thumb is generally that it's better to buy currency in the country that issues the currency.  In your case that would mean buy INR in India and buy USD in the U.S.  The rationale is that supply of foreign currency is generally smaller, so you get a little better price if you're holding the foreign currency.  There are, of course, exceptions, like if you're going to a country with little foreign trade. (That wouldn't seem to apply to the U.S. or India.) If you are doing an electronic transfer through a bank, however, I doubt that it matters which end initiates the transfer.  You're going to get their wholesale exchange rate plus fees.  It seems more likely to matter what fees are charged, and that may vary more by bank than by country."}
{"_id": "300897", "title": "", "text": "Couldn't have asked for a better response. As for my courses, yes I had various group projects in different classes, with my capstone finance course being entirely group project based, so that would definitely put a dent in the required hours. But still the whole thing seems a bit arbitrary doesn't it? There's no real way of keeping track of hours, then again I haven't done much research on the program yet and if it comes down to the wording I can probably make it work as it is.  Regardless thanks for pointing me in the right direction, I am for sure interested in the PMP and in the mean time ill check out what you suggested. Appreciate it."}
{"_id": "300898", "title": "", "text": "Yea i agree with this but I do think that Amazon benefits a lot more from  economies of scale than uber. Both are platform models where you get more profits by having more users. However, its a lot more difficult to compete with amazon (because of their warehouses, inventory, delivery speed etc etc) than it is to compete with uber( essentially has no inventory of its own). There is a cap to how much uber can charge on either side before it is profitable to enter the market and compete with uber. Furthermore, Uber has completely lost countries such as china so there is a limit to their top line. Also uber still has to fight its never-ending stream of litigation and that not just adds risk to the buisness but is a huge cost on uber. When it comes down to it, besides from the convenience of booking a ride from your phone, uber saves money by going around the fact that the drivers in uber do not need taxi licences and that directly cuts into government revenue. So far there hasnt been too much resistance but it is hard to say if it will remain the case in the future"}
{"_id": "300924", "title": "", "text": "It depends upon who the counterparty is. If the counterparty is the OCC, they would most likely call force majeure if their finances were at serious risk.  They could be forced to take a loss but not to be pulled apart.  Villain could always try to take the OCC to court, but then his plot would probably be exposed in discovery. The need to involve the courts is even greater if these are private contracts. If the options were on one security, they would be difficult to sell in one day.  If they were spread across the most liquid ETFs and equities, they could be sold in one day easily, the above solvency problems notwithstanding."}
{"_id": "300938", "title": "", "text": "The interesting point here = We are aiming to shift the way people meet - Just a simple way here to intro ourselves to the community. Our content in the future will be focused on leadership, business and hearing about how people connect with trendr. - Peter"}
{"_id": "300948", "title": "", "text": "A lot of Chinese are buying U.S. property for the sake of diversifying. A lot of Chinese still have a the grass is greener on the other side mentality when it comes to the U.S. They know very little about how many people on the U.S. are on food stamps.   And a lot of people that have communist party wealth are afraid that there will be an uprising against them so they are preparing escape plans.    edit: I think it's likely that the elite here in the U.S. also have escape plans."}
{"_id": "300962", "title": "", "text": "sorry, things got busy.   active calendar management. Are you talking about having a dedicated receptionist manage say an exchange calendar? taking calls, making an appointment on your calendar and then saving the event and setting reminders? that kind of thing?  outgoing calls to confirm appointments sounds interesting, but currently we only want to deal with inbound, process then transfer."}
{"_id": "300969", "title": "", "text": "There are no US taxes for receiving a gift (you). There may be US taxes for giving a gift (the gift tax), for your parents, but if they are nonresidents and the money they are giving was not situated in the US, then they do not have US gift tax. You have to report a gift from a foreign person if it exceeds $100,000."}
{"_id": "300989", "title": "", "text": "I\u2019ve amazed by the Ralph Property Finance services which has helped me to provide an instant loan. I am really impressed with the end result, handled my loan problem easily and impressed me with their loan service. I would highly recommend them to anyone. Thanks, Ralph Property Finance."}
{"_id": "300990", "title": "", "text": "Note: the question is tagged united kingdom, this is a UK focussed answer practices elsewhere may be different). A balance transfer moves your debt from one credit card to another. This can be a good way to get a debt onto a lower (often zero) interest rate.  There will usually be a transfer fee but with a good balance transfer deal the effective interest rate even after taking the fee into account can be very good and there are even some deals with 0% interest and no fee. Indeed if you keep on top of things credit cards are often the cheapest way to borrow. Normally a balance transfer is done to a new card that is applied for specifically for the purpose but sometimes it can make sense to transfer a balance to an existing card. However to take advantage of this you need discipline. You need to make absoloutely sure that you fully comply with the rules of the deal and in particular that you pay at least the minimum payment on time.  You should also be aware that the rate will usually jump up at the end of the interest free period, you could do another balance transfer but assuming you will be able to do that is risky as it depends on what market conditions and your credit rating look like at the time. Ideally you should have a plan for paying off the card before the interest free period expires. In general you should be aiming to pay down your debts. Living beyond your means is very bad and carrying debt long term should only be done if you have an extremely good reason. You should regard the balance transfer as a tool to help you clear your debts quicker, not as a way to avoid paying them. If you go on a spending spree after your balance transfer you will just have dug yourself deeper in debt. See http://www.moneysavingexpert.com/credit-cards/balance-transfer-credit-cards for more on the techniques and the current best cards."}
{"_id": "301046", "title": "", "text": "Legally in the US:"}
{"_id": "301062", "title": "", "text": "Yield is almost always the mean rate of return. Then 1.65% yield means that you will see that rate of return inclusive of any coupons.   The way I like think of is that yield is the discount rate used to value the instrument at market value. DONT CONFUSE THE COUPON RATE WITH YIELD. Those are two completely separate things."}
{"_id": "301082", "title": "", "text": "Meh. I'm an advertiser, and it pays off brilliantly. One of the businesses relies 100% on Google ads (a hire company) and does well. Others use various forms of advertising (although skewed towards internet, we do print etc as well) to disseminate news and it's the best way we've found.  Whatever Tor opinion on online advertising, it works. Otherwise we wouldn't spend so much \u00a3 on it."}
{"_id": "301097", "title": "", "text": "how far do you live from the store? unless amazon has 1 hr delivery, anything I want is easier to get locally than on amazon. Not only that, I can choose to support walmart or the local mom and pop shops. My day isn't interrupted because I'll make the most of it, like go fill up gas, buy needed groceries, get lunch, meet a friend, or sometimes just people watch while I shop."}
{"_id": "301100", "title": "", "text": "That is not why I did that. I brought it to the extreme to make you understand that what you said is not true.  It's easy to just say someone is dumb and stubborn when you don't have something to respond with.  Since you clearly don't want to continue this discussion, have a nice life"}
{"_id": "301160", "title": "", "text": "This seems silly -- Apple will NOT buy Netflix (apple is already a content distributor.. You think they think the future is in sending DVDs? No, it's buying off of iTunes!). Windows phone is DOA -- why after people are already locked into the Android/iOS ecosystem would they want to lose all of their apps and move to windows? It's not that much better to be worth it."}
{"_id": "301161", "title": "", "text": "This is a scam, I'm adding this answer because I was scammed in this fashion. The scammer sent me a check with which I was to deposit.  When the money showed up in my account, I would withdraw the scammer's share, and wire the cash to its destination. However, it takes a couple days for a check to clear.  Banks, however, want you to see that money, so they might give it to you on good faith before the check actually clears. That's how the scam works, you withdraw the fake money the bank has fronted before the check clears.  A couple days later, the check doesn't clear, and you wake up with an account far into the negatives, the scammer long gone."}
{"_id": "301171", "title": "", "text": "\"No idea, but I am so sick of hearing about \"\"unfair\"\" pay.  If you don't think the pay is fair for the job then don't take the damn job.  If that's the only job you can get, well, take the job and improve your skills so that can get another job asap.  All these article imply that the \"\"underpaid\"\" worker has no choice.  They have every choice!!  Luckily we live under an economic structure that allows you to do whatever job you want, take advantage of that!!  In previous iterations of society you were stuck doing whatever your parents did.  You guys wanna keep trashing our current system I'm sure we can revert to the dark ages real quick.\""}
{"_id": "301177", "title": "", "text": "This is the gist of what a lot of people think, and generally it's true. However the main issue is that what the government does will be the determining factor in what our money is worth. If the Federal reserve manages to devalue our money substantially enough, I don't think the US populace will stand for it."}
{"_id": "301192", "title": "", "text": "My opinion is to hold off. I don't see housing market rising anytime soon, possibly even going lower, so you don't have to worry about getting in before it rises. Pay off the credit card debt, maybe even earlier if possible, then that flexibility will be there, the divorce proceedings may have an end in sight, and therefore you'll know more about any outcomes from that. The economy is still shaky, the flexibility of renting may come in real handy."}
{"_id": "301194", "title": "", "text": "\"I assume you get your information from somewhere where they don't report the truth. I'm sorry if mentioning Fox News offended you, it was not my intention. But the way the question is phrased suggests that you know nothing about what \"\"pension\"\" means. So let me explain. 403(b) is not a pension account. Pension account is generally a \"\"defined benefit\"\" account, whereas 403(b)/401(k) and similar - are \"\"defined contribution\"\" accounts. The difference is significant: for pensions, the employer committed on certain amount to be paid out at retirement (the defined benefit) regardless of how much the employee/employer contributed or how well the account performed. This makes such an arrangement a liability. An obligation to pay. In other words - debt. Defined contribution on the other hand doesn't create such a liability, since the employer is only committed for the match, which is paid currently. What happens to your account after the employer deposited the defined contribution (the match) - is your problem. You manage it to the best of your abilities and whatever you have there when you retire - is yours, the employer doesn't owe you anything. Here's the problem with pensions: many employers promised the defined benefit, but didn't do anything about actually having money to pay. As mentioned, such a pension is essentially a debt, and the retiree is a debt holder. What happens when employer cannot pay its debts? Employer goes bankrupt. And when bankrupt - debtors are paid only part of what they were owed, and that includes the retirees. There's no-one raiding pensions. No-one goes to the bank with a gun and demands \"\"give me the pension money\"\". What happened was that the employers just didn't fund the pensions. They promised to pay - but didn't set aside any money, or set aside not enough. Instead, they spent it on something else, and when the time came that the retirees wanted their money - they didn't have any. That's what happened in Detroit, and in many other places. 403(b) is in fact the solution to this problem. Instead of defined benefit - the employers commit on defined contribution, and after that - it's your problem, not theirs, to have enough when you're retired.\""}
{"_id": "301208", "title": "", "text": "You can't have even a hundred dollars without it being invested somewhere. If it's cash, you're invested in some nation state's currency.       If that currency is USD, you have lost about 6% so far this year.       But what if you were in the stock market? It's been doing pretty well, no?       Thing is, American stocks are priced in American dollars. You have to put those variables together to see what a stock has really been doing."}
{"_id": "301215", "title": "", "text": "They lost money on an absolute basis. They got slammed as a hedge fund because its returns are less than 0%, not because they underperformed relative to the market.   Hedge funds aren't mean to outperform a benchmark. They are meant to preserve (and grow) your funds. That's why long only houses are happy about their -15% when the market is down 30%, but a hedge fund should be above 0%."}
{"_id": "301224", "title": "", "text": "If you are looking to invest for 1-2 years I would suggest you not invest in mutual funds at all. Your time horizon is too short for it to be smart to invest in the stock market.  I'd suggest a high-yield savings account or CD. I know they both have crappy returns, but the stock market can swing wildly with no notice. If you are ready to buy your house and the market is down 50% (it has happened multiple times in history) are you going to have to put off buying your home for an indefinite amount of time waiting to them to recover? If you are absolutely committed to investing in a mutual fund anyway against my advise I'd suggest an indexed fund that contains mostly blue chip stocks (indexed against the DOW)."}
{"_id": "301236", "title": "", "text": "The answer is simple. People are sheep and creatures of habit. Apple has maintained a simple design and marketing ethos for a long time and over time they have convinced people that their phones are superior in quality and reliability. They have been endorsed in mainstream media over the decades as top of the line. Apple phones and products are not immune to software failure and don't have the best build quality. Trust me as a \u201cnondenominational\u201d repair technician I see more broken iPhones then anything else. Personally I find the iPhone to be an enigma of social engineering. Dell computers are another example of tech that is widely considered to be the best among pc manufacturers when msi can deliver an outstanding product as well. Dell built their brand to make people excited to get one. DUDE your getting a DELL!? When you buy an iPhone you are not buying the hardware you are buying their product which includes their name and ecosystem. Unfortunately for Apple fans it comes at a premium."}
{"_id": "301242", "title": "", "text": "Why the heck am I paying you when I could've made triple myself for nothing?   That's a familiar line among the redeemers.   They will probably cry when they don't understand why their losses outpace most of the funds once the bear market comes, also."}
{"_id": "301266", "title": "", "text": "I don't do this at all, but it's the internet, so hey, why not?  According to the IRS, penalties and fines are only non-deductible when they are paid for actual violations of laws/regulations.    So what crushedbyadwarf said is probably correct.  The penalty/fine reduces their income, and they become entitled to a refund on the tax they paid on that income.  It's still a questionable tax treatment of the penalty/fine."}
{"_id": "301293", "title": "", "text": "\"I don't know where you live, but $12 is an awful lot for a burger, fries and soda.  I do like Five Guys and eat there three or four times a year, but it is too expensive.  I live in the Southwest and there are lots of small family-owned Mexican restaurants here.  One of my favorites runs a $5.75 lunch special.  Last time I was there, it was carne en su jugo.  That's something between a soup and a stew, with chunks of beef, beans and bacon.  It is served with fresh tortillas, cilantro, chopped onions, rice, beans, and a basket of chips with salsa.  All made right there.  It is a more substantial meal and better tasting.  At nearly half the price.  The local Italian place has a $5 lunch special.  You get a salad bar and either a 12\"\" pizza or a bowl of spaghetti.  Again, all from scratch.  There is a good sit-down restaurant that is excellent, too .  Entrees (with soup or salad and bread) run $11-$25 or so.  This is why I think $12 for a burger and fries is too expensive.  It doesn't compete with better products.  You can feed two people better food for about the same amount, or have lunch at a fine restaurant for the same amount.\""}
{"_id": "301308", "title": "", "text": "Did she work at a staff level prior to this?  I don't know her experience, but if she worked as a staff level security analyst for 20 years, then I would call her qualified.  Your degree doesn't matter. They are very rarely relevant after a year or two of employment."}
{"_id": "301310", "title": "", "text": "\"Can't blame them; they've just adopted the popular US school of thought on business.   Essentially, \"\"Rush it to completion for short-term profits for upper management, and either hope to continue making a series of short-term profits to stay in business or let someone else clean up the mess.\"\"\""}
{"_id": "301313", "title": "", "text": "&gt; But judging by votes seems most redditors don't agree with you.   you mean my origional post that's at the top of the page?  &gt; Honestly I don't see why you are so upset about it.  I'm not upset. It's the internets, dude. What, you think it's real? LOL!"}
{"_id": "301316", "title": "", "text": "Everything on that Medium account is from posts and threads taken from other sites. Building a brand by having nothing to offer but stealing from other people makes me rage. I reported the Medium already. More people should.  The thing about good content is that eventually, people are going to want to know who really wrote it. Well, the decent people who give a damn about things like sourcing and attribution anyway.  Edited: Actually, it's pretty clear the OP (AristotleOnassis) *is* @SoldOutSupplier just by looking at their reddit history."}
{"_id": "301323", "title": "", "text": "\"I work in analyzing economic development projects in the Midwest like this, and one of the most frustrating aspects of my job is when people try to distill and simplify complex financing structures for the sake of misleading others and furthering an agenda. It's not uncommon that I see small local blogs write articles saying something to the effect of \"\"Major Development Project Skips Paying the Taxes it Rightfully Owes!\"\" completely disregarding the fact that in most cases the local government's options are to either give the developer an incentive and make some additional money, or offer nothing and watch the developer walk away from the table for a different site the next county over. Most governments, given the choice, would take lowered tax payments and more jobs over no tax payments and no jobs.  Since I was curious, I decided to do a quick back-of-the-envelope calculation of this project using a common economic impact model. I used a conservative assumption of 3,000 new jobs (the minimum Foxconn expects to have by 2020, and well below the maximum capacity of the factory) in the Audio and Video Equipment Manufacturing (6-digit NAICS code of 334310) industry, using the entire State of Wisconsin as a geography. This industry has average annual earnings in Wisconsin of $56,000, so I subtracted out $3,000 per job to make it in line with the article. I also used the liberal assumption that 100% of these jobs will be considered \"\"net new\"\" or that they won't be replacing or destroying any existing jobs within the state.   The results:   - Salaries alone will amount to about $160 million per year, assuming all workers receive the same salary of $53,000.   - Indirect effects (basically new jobs and spending for other industries used to support and maintain the factory, that aren't directly employed by the factory itself) will add an additional $20 million in earnings annually.    - Finally, induced effects (the economic impact of new employees spending their salaries within the economy) will add an additional $80 million.   - Total change in jobs (including factory workers, maintenance and utility workers, and new workers in supply chain industries) is estimated as just north of 5,000.   This adds up to $260 million in additional annual earnings within the Wisconsin economy. There is a lot more to be considered when looking at a project like this, and there are **a lot** of ways Wisconsin or Foxconn can fuck this all up, but it isn't out of the realm of possibility that attracting this new plant will end up being a worthwhile plan for Wisconsin.   Also, this quote:  &gt;\u201cWe are calling this development \u2018Wisconn Valley,\u2019 \u201d he said, speaking from the East Room of the White House, \u201cbecause we believe this will have a transformational effect on Wisconsin just as Silicon Valley transformed the San Francisco Bay area.\u201d  Sounds like bullshit. Silicon Valley is largely research and development, not manufacturing. Saying that you'll replicate the success of software engineers earning $120k a year by bringing in more $50k a year manufacturing jobs is misleading at best.\""}
{"_id": "301325", "title": "", "text": "I think legitimate companies and patent trolls have been suing and licensing and participating in patent land grabs for years and years now. I don't think there's any CEO out there that reads the latest Apple news and realizes they could have been doing this all along."}
{"_id": "301332", "title": "", "text": "Those guys and ladies bust there asses 12 to 18 hours a day of never ending work from the time they were little kids you won't find to many people that work that hard . I should now I was one of them but never made it. All that work for nothing it's a big risk to dedicate all your time and effort. I should have became a doctor and a lawyer. It would have been easier and I would have something to show for it. The price of chasing your dreams."}
{"_id": "301348", "title": "", "text": "No way dude. I hate grocery shopping. Always forgetting my reusable bags, looking for parking, people blocking the isles, long lines, making awkward small talk with the cashier, hauling heavy bags up the stairs... I use Amazon Fresh now, and it is THE SHIT. Only complaint so far is the quality of produce, which now, with the Whole Foods acquisition, may improve for the better. Living in the future is awesome."}
{"_id": "301356", "title": "", "text": "&gt;[**\u041a\u0430\u043a \u0431\u044b\u0441\u0442\u0440\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0434\u0435\u043d\u044c\u0433\u0438? 3 \u0442\u043e\u043f \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u043e\u043d\u043d\u044b\u0445 \u0445\u0430\u0439\u043f\u0430!\u0421\u0430\u0439\u0442\u044b, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u043f\u043b\u0430\u0442\u044f\u0442 \u043f\u043e \u0441\u043e\u0441\u0442\u043e\u044f\u043d\u0438\u044e \u043d\u0430 08.09 [2:57]**](http://youtu.be/H1TIOAZtBek)  &gt;&gt;\u0417\u0434\u0440\u0430\u0432\u0441\u0442\u0432\u0443\u0439\u0442\u0435 \u0414\u0440\u0443\u0437\u044c\u044f!!! \u0412 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u043c\u043e\u0436\u0435\u0442\u0435 \u0443\u0437\u043d\u0430\u0442\u044c ,\u043a\u0430\u043a \u043c\u043e\u0436\u043d\u043e \u0431\u044b\u0441\u0442\u0440\u043e \u0438 \u043f\u0440\u0430\u043a\u0442\u0438\u0447\u0435\u0441\u043a\u0438 \u043d\u0430 \u0430\u0432\u0442\u043e\u043c\u0430\u0442\u0435 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u0443 \u0431\u0438\u0442\u043a\u043e\u0438\u043d \u0438 \u043e\u0431\u044b\u0447\u043d\u044b\u0435 \u0434\u0435\u043d\u044c\u0433\u0438! \u041e\u0441\u0442\u0430\u043b\u0438\u0441\u044c \u0432\u043e\u043f\u0440\u043e\u0441\u044b, \u043f\u0438\u0448\u0438\u0442\u0435 \u0432 \u0433\u0440\u0443\u043f\u043f\u0443,\u0441\u0441\u044b\u043b\u043a\u0430 \u043d\u0438\u0436\u0435  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^2 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "301361", "title": "", "text": "While Rocky's answer is correct in the big picture there is another factor here to keep in mind: The disruption while you're waiting to resolve it. If a fraudster gets your card and drains your account you'll get your money back--but there will be a period while they are investigating that it won't be available. For this reason I avoid debit card transactions and only use credit cards.  If the fraudster gets your credit card you might lose access while they investigate but you don't lose access to your bank account."}
{"_id": "301380", "title": "", "text": "It's been awhile since my last finance course, so school me here:  What is the market cap of a company actually supposed to represent? I get that it's the stock price X the # of shares, but what is that actually representing? Revenues? PV of all future revenues? PV of future cash flows?  In any case, good write up. Valuation of tech stocks is quite the gambit, and you've done a good job of dissecting it for a layman."}
{"_id": "301396", "title": "", "text": "For public carpark owners, Inugo\u2019s services can bring in more customers and lower operating costs while private carpark owners are provided with a platform to monetize their currently unproductive parking assets. Inugo can be installed on both gated and un-gated sites, and motorists can pay directly through the app, removing the hassle of paper tickets and parking machines."}
{"_id": "301410", "title": "", "text": "If you have not tried to lose weight and there is nothing in your life that can cause you to lose weight temporarily, then maybe you can have an underlying health condition that can be serious and that seriously affects your health. Therefore, it will be necessary that you go to your doctor and take weight loss supplements as soon as possible. Diabetes can affect anyone at any age, although older people usually have diabetes. There are times when diabetes can cause weight loss inexplicably, especially in cases where diabetes is not being treated. The person may feel as if he is more nervous, start to lose weight, as if he is always hungry, urinate frequently, have blurred vision and have frequent infections."}
{"_id": "301432", "title": "", "text": "this is a very important step. Sadly most businesses have already deals with Big Banks for salary payments. So much like the ubiquitous IE despite all the alternatives, Big Banks will still have their liquidity and addiction satisfied to continue gambling until someone says enough."}
{"_id": "301439", "title": "", "text": "That is true. Since commodities are basically a futures contract, their actual price is not reflected in grocery stores. It is more of a supply and demand issue with your grocer."}
{"_id": "301447", "title": "", "text": "If you set up two Paypal accounts (one linked to your UK bank account and one to your US bank account and get them both properly verified) you should be able to transfer the money for free as far as I know.  You would have to fund the transfer directly from your UK bank account (not via a credit card)."}
{"_id": "301448", "title": "", "text": "You were approved for the offer based on your current credit, just like any other offer of credit.  The offering bank knows you'll likely use their offer if you accept it.  If you accept the offer and load up the new card to the max with your (or your relative's) debt and your score will then change.  Depending on the other factors that impact your score this could carry some negative consequences related to your own ability to obtain debt.  Also, consequently, this will have a tremendously positive effect on your relative's ability to obtain debt. I understand that you trust this person enough to be asking this question.  No amount of trust protects from the unforeseen.  Ultimately while this debt resides in your name, in the eyes of the creditor it is yours.  While you could seek legal remedy from your relative if they don't or can't pay, you will be on the hook to the bank.  Again, there are unforeseen events, a car accident, a death, etc.  If this person passes, that's your debt. IF (and I can't emphasize the IF enough) I was ever in a position to be considering what you're considering I would do this: I mentioned in a comment under your question.  This feels like it would carry a tax consequence (or maybe benefit) to one or both of you.  I have no idea of the legalities, or whether or not any of this violates a cardmember agreement, but as other answers have pointed out, I doubt there is a balance transfer police."}
{"_id": "301453", "title": "", "text": "\"According to this link http://taxes.lovetoknow.com/federal-income-tax/w9-tax-form: The very last line on the personal information section refers to \"\"account numbers.\"\" Here, the taxpayer lists any accounts they have with the IRS to pay back taxes or pre-payments for anticipated tax liability obligations. This information is optional and is inapplicable in many situations.\""}
{"_id": "301455", "title": "", "text": "You will need to first try and get the seller to refund.  (Get the name of the person you talked to and a date and time). Then you can contact the bank the card was issued through and dispute the charge.  I would make sure that you retain any proof that you purchased one item and received something other than what you purchased.  The seller does have recourse if they did fulfill their side of the transaction but if they are a legitimate merchant and actually sent you the wrong product most will not bother."}
{"_id": "301477", "title": "", "text": "If you want higher returns you may have to take on more risk. From lowest returns (and usually lower risk) to higher returns (and usually higher risk), Bank savings accounts, term deposits, on-line savings accounts, offset accounts (if you have a mortgage), fixed interest eg. Bonds, property and stock markets.  If you want potentially higher returns then you can go for derivatives like options or CFDs, FX or Futures. These usually have higher risks again but as with any investments some risks can be partly managed. Also, CMC Markets charges $11 commission up to $10,000 trade. This is actually quite a low fee - based on your $7,000, $22 for in and out of a position would be less than 0.32% (of course you might want to buy into more than one company - so your brokerage would be slightly higher). Still this is way lower than full service brokerage which could be $100 or more in and then again out again. What ever you decide to do, get yourself educated first."}
{"_id": "301479", "title": "", "text": "Ch\u00fang t\u00f4i cung c\u1ea5p cho b\u1ea1n t\u1ed1t h\u01a1n servicew c\u1ee7a th\u1ea1ch cao v\u00e0 tr\u1ea7n nh\u00e0 t\u1ea5t c\u1ea3 c\u00e1c nh\u00e0 thi\u1ebft k\u1ebf nh\u1ea5t c\u1ee7a tr\u1ea7n nh\u00e0 \u0111\u1eb9p. M\u1ee5c ti\u00eau c\u1ee7a ch\u00fang t\u00f4i l\u00e0 cung c\u1ea5p s\u1ef1 h\u00e0i l\u00f2ng v\u1ec1 th\u1ea1ch cao v\u00e0 tr\u1ea7n nh\u00e0. C\u1ea7n ph\u1ea3i s\u1eeda ch\u1eefa nh\u00e0 v\u1edbi th\u1ea1ch cao ch\u1ea5t l\u01b0\u1ee3ng m\u00e0 l\u00e0 duarble cho th\u1eddi gian d\u00e0i. Ch\u00fang t\u00f4i c\u00f3 kinh nghi\u1ec7m t\u1ed1t v\u1ec1 th\u1ea1ch cao v\u00e0 tr\u1ea7n nh\u00e0, tr\u1ea7n nh\u00e0 v\u00e0ch ngan th\u1ea1ch cao theo phong c\u00e1ch m\u1edbi nh\u1ea5t l\u00e0 \u1ea5n t\u01b0\u1ee3ng r\u1ea5t t\u1ed1t. \u0110\u00f3 l\u00e0 c\u00e1i nh\u00ecn \u0111\u1eb9p c\u1ee7a m\u00e1i nh\u00e0 trong ph\u00f2ng.  Ch\u00fang t\u00f4i r\u1ea5t t\u1ef1 tin \u0111\u1ec3 c\u1ea3i thi\u1ec7n \u0111i\u1ec1u ki\u1ec7n nh\u00e0 ho\u1eb7c v\u0103n ph\u00f2ng v\u1edbi \u0111\u1ed9i ng\u0169 chuy\u00ean nghi\u1ec7p cao."}
{"_id": "301480", "title": "", "text": "\"It's the inevitable result of the Fair, Isaac Company deciding to sell access to credit scores to the general public: some marketing dude at one of the banks thought, \"\"Wouldn't it be a great idea if we could use 'free' access to FICO scores as a differentiator for our CCs?\"\" And, because most humans play follow the leader, soon enough, other banks were paying FICO a license to present FICO scores to their card holders.\""}
{"_id": "301485", "title": "", "text": "\"The tax bracket is the point where you start paying for the \"\"services\"\" the government \"\"offers\"\" it's not so voluntary membership. I know there is \"\"brackets\"\". We have been talking about how some people think it is OK to discriminate based on your assigned \"\"bracket\"\".\""}
{"_id": "301489", "title": "", "text": "Around 3 months back, I paid back my last loan from my father which he gave for the car. Now I am totally debt free from 2 months. I have paid back following loans, 1. Education loan. 2. Car loan. I don't have my own property yet. I have a 3 months emergency fund saved which helps me overcome if there is a sudden expense. Overall, its a great idea to be debt free. I used to get extreme thoughts while I had a loan. I paid back and now I am doing good."}
{"_id": "301495", "title": "", "text": "yeah, yours looks great, Microsoft! Can't wait to get one! Can I order one?... oh... it's not avaliable yet? Ok, cool I can wait. When will they start to ship so I can put an order in? You don't know? Oh well - it's cool! I guess...er... I'll just wait it out. How much will the base model retail for? You don't know that either....um...ok. And you say there's one running ARM and one running Intel. Er... which one should I get? What's the difference? You can't really demo that yet? Umm... ok, sure, whatever. It looks cool anyway.  Did that just crash?  Sure you'll get the bugs worked out before they ship. Umm... yeah."}
{"_id": "301501", "title": "", "text": "\"And I think that's exactly what it's for. Ironically allow people to emerse themselves in the physic world of the books they're going to read, so there's a higher chance they feel \"\"connected\"\" and purchase it, even if it's digital. Also, tangible goods can be more eye catching than their digital counterparts.\""}
{"_id": "301508", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://newyork.cbslocal.com/2017/06/30/new-jersey-budget/) reduced by 91%. (I'm a bot) ***** &gt; UPDATED 07/01/17 12:10 a.m. TRENTON, N.J. - New Jersey state government shut down at midnight Friday night, after lawmakers failed to pass a nearly $35 billion budget and avert a state government shutdown.  &gt; Gov. Chris Christie called for a special session of the New Jersey State Legislature on Saturday at 11 a.m., and blamed Democratic State Assembly Speaker Vincent Prieto for failing to reach a deal.  &gt; Island Beach State Park announced late Friday night that it would be closed Saturday due to the New Jersey government shutting down.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kl7zd/new_jersey_government_shuts_down_after_failure_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~156665 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **budget**^#2 **Prieto**^#3 **Christie**^#4 **New**^#5\""}
{"_id": "301525", "title": "", "text": "A wealthy starving man, what a contradiction in terms. You have to invent rare, impossible creatures just to get your false moralistic fantasies to make the slightest bit of sense.  Yes, in fact it makes him LESS willing to pay, as in this case his plight makes him willing to pay for smaller quantities of poorer quality eggs. Diminishing marginal utility doesn't apply here dude, these guys are on completely different indifferece curves due to their respective budgetary restrictions. Then again, you'd know that if you knew one one hundredth of 1% of what you were talking about.  Again, you are not thinking in concrete terms, you're thinking about the world as it should be. This poor starving man should have money so he can eat! The reality in observable terms is that the fed man will pay more money for eggs than the starving man. Thus we say he is more willing to pay."}
{"_id": "301533", "title": "", "text": "Very good point. However, I would say stability.  Say I could just continue doing this one the side of my regular job, couldn't I do both?  Edit: I don't know why I keep getting down voted... I'm literally just asking valid questions."}
{"_id": "301545", "title": "", "text": "Some differences on short and medium haul  1. Fast lane through security 2. Flexible tickets 3. Ability to carry more than one bag (no delays over waiting for checked in baggage) 4. Better food so you can use the time"}
{"_id": "301547", "title": "", "text": "\"To my knowledge, there's no universal equation, so this could vary by individual/company.   The equation I use (outside of sentiment measurement) is the below - which carries its own risks: This equations assumes two key points: Anything over 1.2 is considered oversold if those two conditions apply.  The reason for the bear market is that that's the time stocks generally go on \"\"sale\"\" and if a company has a solid balance sheet, even in a downturn, while their profit may decrease some, a value over 1.2 could indicate the company is oversold. An example of this is Warren Buffett's investment in Wells Fargo in 2009 (around March) when WFC hit approximately 7-9 a share.  Although the banking world was experiencing a crisis, Buffett saw that WFC still had a solid balance sheet, even with a decrease in profit.  The missing logic with many investors was a decrease in profits - if you look at the per capita income figures, Americans lost some income, but not near enough to justify the stock falling 50%+ from its high when evaluating its business and balance sheet.  The market quickly caught this too - within two months, WFC was almost at $30 a share. As an interesting side note on this, WFC now pays $1.20 dividend a year.  A person who bought it at $7 a share is receiving a yield of 17%+ on their $7 a share investment. Still, this equation is not without its risks.  A company may have a solid balance sheet, but end up borrowing more money while losing a ton of profit, which the investor finds out about ad-hoc (seen this happen several times).  Suddenly, what \"\"appeared\"\" to be a good sale, turns into a person buying a penny with a dollar.  This is why, to my knowledge, no universal equation applies, as if one did exist, every hedge fund, mutual fund, etc would be using it. One final note: with robotraders becoming more common, I'm not sure we'll see this type of opportunity again.  2009 offered some great deals, but a robotrader could easily be built with the above equation (or a similar one), meaning that as soon as we had that type of environment, all stocks fitting that scenario would be bought, pushing up their PEs.  Some companies might be willing to take an \"\"all risk\"\" if they assess that this equation works for more than n% of companies (especially if that n% returns an m% that outweighs the loss).  The only advantage that a small investor might have is that these large companies with robotraders are over-leveraged in bad investments and with a decline, they can't make the good investments until its too late.  Remember, the equation ultimately assumes a person/company has free cash to use it (this was also a problem for many large investment firms in 2009 - they were over-leveraged in bad debt).\""}
{"_id": "301550", "title": "", "text": "The profits from one good job could pay for whatever type of alarm system needed to minimize the risk of theft. Failing to brand the truck would be the equivalent loss of multiple tool thefts per year. No need to cower in fear; advertising works. And it's not impossible to prevent vehicle break-in theft."}
{"_id": "301552", "title": "", "text": "Congratulations!  You own a (very small) slice of Apple. As a stockholder, you have a vote on important decisions that the company makes.  Each year Apple has a stockholder meeting in Cupertino that you are invited to.  If you are unable to attend and vote, you can vote by proxy, which simply means that you register your vote before the meeting.  You just missed this year's meeting, which was held on February 26, 2016.  They elected people to the board of directors, chose an accounting firm, and voted on some other proposals.  Votes are based on the number of shares you own; since you only own one share, your vote is very small compared to some of the other stockholders. Besides voting, you are entitled to receive profit from the company, if the company chooses to pay this out in the form of dividends.  Apple's dividend for the last several quarters has been $0.52 per share, which means that you will likely receive 4 small checks from Apple each year. The value of the share of stock that you have changes daily.  Today, it is worth about $100.  You can sell this stock whenever you like; however, since you have a paper certificate, in order to sell this stock on the stock market, you would need to give your certificate to a stock broker before they can sell it for you. The broker will charge a fee to sell it for you.  Apple has a website for stockholders at investor.apple.com with some more information about owning Apple stock.  One of the things you'll find here is information on how to update your contact information, which you will want to do if you move, so that Apple can continue to send you your proxy materials and dividend checks."}
{"_id": "301557", "title": "", "text": "\"Absolutely this study should be taken into account. As the study suggests, there should be further study into the possible link between glyphosate and myeloma. I would go as far as to say the science of just about anything moderately complex is never settled, and continued research and study is always warranted and encouraged especially when it impacts our wellbeing.  However, I would point out that this study spends a great deal of time explaining that while an association is \"\"possible\"\", there are also many other factors that may be falsely leading them to that interpretation.  In the end this paper stops far short of making a concrete link between glyphosate and any form of cancer. The State of California on the other hand is making a very definitive statement that they \"\"know\"\" glyphosate causes cancer. I don't think we \"\"know\"\" this at all, and the data in support of such a conclusion is extremely limited and weak at this point.\""}
{"_id": "301570", "title": "", "text": "No. The long-term valuation of currencies has to do with Purchasing Power Parity.  The long-term valuation of stocks has to do with revenues, expenses, market sizes, growth rates, and interest rates. In the short term, currency and stock prices change for many reasons, including interest rate changes, demand for goods and services, asset price changes, political fears, and momentum investing.  In any given time window, a currency or stock might be: The Relative Strength Index tries to say whether a currency or stock has recently been rising or falling; it does not inherently say anything about whether the current value is high or low."}
{"_id": "301580", "title": "", "text": "By definition, actively managed funds will underperform passive index funds as a whole. Or more specifically: The aggregate performance of all actively managed portfolio of publicly-tradable assets will have equal performance to those of passively managed portfolios. Which taken with premise two: Actively managed funds will charge higher fees than passively managed funds Results in: In general, lower-fee investment vehicles (e.g. passive index investments) with broad enough diversification to the desired risk exposure will outperform higher-fee options But don't take my wonkish approach, from a more practical perspective consider:"}
{"_id": "301586", "title": "", "text": "To put it another way: If we overturn elections to go to whoever didn't get helped by a foreign powers, then all foreign powers have to do is help the candidate they want to lose.  Also, while there seems to be evidence that Russia did stuff, when you look at the numbers and demographics, it looks like a very ordinary election. Republicans and Democrats got similar amounts and kinds of voters. So, it's hard to quantify how much of an impact it actually had if any. A lot of the people who bought into the Clinton scandals and fake news that are claimed to have swayed this election are people who had already decided they weren't voting for Clinton before the scandals came out."}
{"_id": "301594", "title": "", "text": "\"People like to call it \"\"Chinese State-Sponsored Capitalism,\"\" but it is absolutely not capitalism.  Capitalism doesn't allocate capital to build cities for which there are no residents.  It doesn't pick winners by deciding who is best at bribing government officials.    We may not always like what the invisible hand deals us, but the idea that central planners are better at allocating capital than an ecosystem of individuals acting in their own interests just doesn't make any sense.  The more I learn about the world, the more I realize how little I know.  Expecting humans to be smart enough to understand and manage something as complex as an economy is akin to expecting present-day doctors to design a human body that rivals a natural human body in form and function.  I understand the need to occasionally intervene and mitigate some of the harsher aspects of nature, but when you take the stance that central planning is superior to a free-market system (or as free as possible given our inclinations towards empathy), you are basically saying that humans are capable of beating nature at its own game.  That is an audacious presumption.  I have seen zero evidence of that being the case now or at any point in the past.\""}
{"_id": "301600", "title": "", "text": "Annuity calculation formulas can be found here. http://en.wikipedia.org/wiki/Annuity_(finance_theory). In addition, as suggested in the comments, there are many sites that have calculators. Having said that, a simple financial mechanism that is followed by many is to invest a portion of the fund in regular income instruments, for example Govt. or corporate bonds that pay a regular coupon/interest and some in diversified instruments like gold, stock etc. The exact proportion is dependent on may factors, like mortality, inflation, lifestyle, health care requirements, other expenses. The regular income provides the day to day expenses on a monthly/yearly basis, while the other instruments hedge against inflation and provide growth."}
{"_id": "301604", "title": "", "text": "It is not likely the YA would die in 10 years. Hence the investment the parents make in policy premiums would lose all of its money. Repeat: lose all money.  On average, you'll slightly lose with insurance. It's there for peace of mind and to mitigate a catastrophe. It's not an investment. Of course, if the YA is likely to die suddenly, that might change things. But concealing medical information would be grounds for denying the policy claim."}
{"_id": "301609", "title": "", "text": "KMyMoney Pros: Cons:"}
{"_id": "301616", "title": "", "text": "The managers of the 401(k) have to make their money somewhere.  Either they'll make it from the employer, or from the employees via the expense ratio.  If it's the employer setting up the plan, I can bet whose interest he'll be looking after. Regarding your last comment, I'd recommend looking outside your 401(k) for investing.  If you get free money from your employer for contributing to your 401(k), that's a plus, but I wouldn't -- actually, I don't -- contribute anything beyond the match.  I pay my taxes and I'm done with it."}
{"_id": "301629", "title": "", "text": "\"I commend Chipotle for their decision, but I am a little confused on some parts.  Pasture-fed beef definitely makes a difference, and I know that some farmers use steroids and some antibiotics to stimulate dairy production and growth.  What I am confused about is this:  My family owns a farm. Pasture-fed as much as possible - it is not feasible to do it year-round for us (Winter can be harsh sometimes). No unnecessary antibiotics used. To say that you are stopping the use of antibiotics completely is actually quite cruel to the animal. Infections can be prevalent in pasture-fed animals' feet. You can try to \"\"work\"\" the land as much as possible to prevent that, but in the end it is an inevitability. Something such as Penicillin (an antibiotic) is used to treat these infections. I have seen what happens when people do not treat the infections correctly and it can result in amputation of the infected foot.  So I don't understand how **no** antibiotics at all is any better. The animal may suffer even more now because of it. Management of antibiotics may be a better solution.  Anyone know more?\""}
{"_id": "301632", "title": "", "text": "One that isn't typically mentioned: move. Rates are often higher in certain zip codes where there are more accidents and/or thefts. I cut my insurance nearly in half by moving. If you're looking at moving anyway, it's worth considering."}
{"_id": "301634", "title": "", "text": "Depending on your location, you might have a lot of options to choose from to mitigate your tax burden. There might even be a possibility of combining a few options to make a buck or two off of it. As someone already mentioned, check out conservation easements and REITs, they can be great ways of relieving your burden. Another option that I know is available in a number of states is land-use tax qualifications that allow for significantly reduced tax rates based on the current zoning/use of the land as a timber area(You may not plan on harvesting the timber but you can potentially still qualify for the reduction). Is the land appropriately assessed/appraised? Make sure you're not getting ripped off. What are your neighboring landholders paying for taxes? I would imagine most locales in and around New England would at least have GIS parcel maps in place, talk to your neighbors and find out what they do to minimize their costs. If all else fails, check out ParcelQuest or Google Earth Pro and find out the digs on others with similar land holdings. Make some cold calls, be polite, and ask. Many people, especially in the country are happy to oblige a friendly neighbor.  What would the definition of 'pristine' be? What is the age of the trees, furthermore, what type of trees comprise the woodland? Are you open to selective harvesting(which if done properly can actually improve the health of your property)?Check out what you can do with it(is your woodland comprised of sugar maple or some other resource that might be of persistent value?). Do you want to have the land for the sake of having it or do you want to do anything with it? If you're in a semi-urban environment you could converse with local hunting, disc-golf, or other groups that might be interested in utilizing the land. These uses could potentially be combined with a conservation easement to improve your outcome in more ways than one.  Keep in mind, often times with conservation easements, know everything you want out of the land in the long term. Once the ink is dry, the deal is done. Take your time, think about it. Do what feels right."}
{"_id": "301636", "title": "", "text": "There are two 'dates' relevant to your question: Ex-Dividend and Record. To find out these dates for a specific security visit Dividend.Com. You have to purchase the security prior to the Ex-Dividend date, hold it at least until the Record Date. After the Record Date you can sell the security and still receive the dividend for that quarter.  ---- edit - - - -  I was wrong. If you sell the security after the Ex-div date but before the date of record you still get the dividend.  http://www.investopedia.com/articles/02/110802.asp"}
{"_id": "301637", "title": "", "text": "so since it hit 18 the amount of debt decreased, wages for workers have fallen, price levels have increased across the board, and a dividend. How is it not that good of a buy? My price target is 23 conservatively but 30-40 in a year or three."}
{"_id": "301643", "title": "", "text": "You know what? Pay cash, but ask for a discount. And something fairly hefty. Don't be afraid to bargain. The discount will be worth more than the interest you'd get on the same amount of money. And if the salesman doesn't give you a decent discount, ask to speak to the manager. And if that doesn't work, try another store. Good luck with it!"}
{"_id": "301653", "title": "", "text": "&gt; In other words, one might conclude based on this data that it's the smartphone, more than any particular transportation service, that's greatly disrupting city mobility... Why haven't official taxi companies (if not cities themselves) invested more time and energy into developing smartphone-based services?  My local taxi service has an app from which one can hail a cab and pay for the ride.  But the app is shittier, the service is worse, and the ride is more expensive.  I swore off of cabs when it cost me more than double to make the trip back compared to what Uber charged me to get there (my phone was dead).  Then I recanted and took a cab from the airport because it was easier than waiting for Uber.  Well, that cost me about a 50% premium and now I've sworn off of cabs again."}
{"_id": "301682", "title": "", "text": "You seem to have it all figured out. It will be a rude awakening when you right wingers erode all the safety nets only to find that you are out of a job in a few years due to automation. You think you're responsible and hard working now but there will come a point when an algorithm replaces you. Deny it all you want but that is where we are heading. It would be more proactive to open a dialogue with that in mind, but you'll keep blaming immigrants because they are an easy political scapegoat"}
{"_id": "301690", "title": "", "text": "Yes. Everyday was a fight for survival and it was much more dangerous, and survival rates were way lower. However, anthropologists suggest that hunter gatherers only worked 20-40 hours a week.   We no longer have these problems though, so why are we still working like we do?"}
{"_id": "301698", "title": "", "text": "\"As per the age of your son you mentions i would suggest Yes, charge them an interest amount but lesser than the market rate. And give them a valid reason behind taking interest on given amount. The reason you might grab from below real incident happen with me at the time of Diwali last year. I am 26, and i am currently doing job and my salary is not so much that i can accomplish all my dreams of buying expensive Watch and many things. So i borrowed some strong amount from my mom. She gave me the amount but she asked me to pay interest of 5% and when i asked the reason behind demanding the interest she said something which was valuable things. She said me \"\"If i would not give you money then you will definitely ask money from some money lenders or your friends because now that watch is your first priority. And in that case you need to pay the higher interest rate to them. And in life there might be situation where we would not capable to help you in terms of financial. So this is the time you should learn to pay interest and responsibility of borrowing amount and repaying it on time with interest rate. This will help you also to learn a lesson and our money will be withing home I am not expert in parenting because i am still unmarried but i shared my point of view for your question. Thanks\""}
{"_id": "301702", "title": "", "text": "Generally speaking, yes management consulting is a con.  On the other hand there are some truly insightful people who can, with one idea, improve a company by XX%.  The trick with this as with other advisors is to keep your head and keep searching till you find the real thing and cross your fingers that you will recognize it when you do.  That's life."}
{"_id": "301739", "title": "", "text": "These advertisements try to take advantage of the short term memory loss of older people. If you keep an old person watching long enough they will forget why they started watching in the first place. Yet they trust themselves and assume that it was for a good reason. So the long winded salespitch succeeds with older people who tend to have more money to invest anyway.  Yes, I think that Motley Fool has jumped the shark."}
{"_id": "301745", "title": "", "text": "Currently the FDIC insures deposits up to $250,000 per person per bank. The following products are covered if your bank is FDIC insured. http://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation#FDIC-insured_products"}
{"_id": "301757", "title": "", "text": "Simply if your stock is still rising in price keep it. If it is falling in price sell it and pay off your mortgage. To know when to do this is very easy. If it is currently rising you can put a trailing stop loss on it and sell it when it drops and hits your stop loss. A second easy method is to draw an uptrend line under the increasing price and then sell when the price drops down below the uptrend line, as per the chart below.  This will enable you to capture the bulk of the price movement upward and sell before the price drops too far down. You can then use the profits (after tax) to pay down your mortgage. Of course if the price is currently in a downtrend sell it ASAP."}
{"_id": "301783", "title": "", "text": "TravelGuysOnline provides the best range of hotel and flights online! On our company website, you will get the widest range of budget hotels and flight. Our services are 100% free. We provide the Cheap flight offers with many of the airlines, to destinations all over the world. Whether you are taking the domestic flight and international flight. For more information, visit our company website and take advantage of our special offer."}
{"_id": "301784", "title": "", "text": "7 billion people, a lot of unemployed/self-employed/poor who are disenchanted by corporations...  who cares if it's a ponzi scheme if it makes money? the suckers here are no different than the morons paying hundreds for iphones or canada goose coats..."}
{"_id": "301792", "title": "", "text": "The answer is maybe. I had a Chase card without a purchase in over 4 years get canceled out of the blue, without so much as a notification telling me it was at risk for cancelation. They told me they typically close accounts after 24 months of inactivity (not including card fees) but let mine go for longer because I have several other credit cards, savings and checking accounts with them. I would recommend spending at least once per year on the card."}
{"_id": "301797", "title": "", "text": "\"Were you just offered a car loan for 1.4%, or did you sign for a car loan for 1.4%? If you signed, it's too late. If you didn't sign:  You should realise that your car loan isn't really 1.4%. Nobody will give you a car loan for less than a mortgage loan. What really happened is that you gave up your chance to get a rebate on the car purchase. A car worth $18,000 will have a price tag of $20,000. You can buy it for cash and haggle the dealer down to $18,000, or you can take that \"\"cheap\"\" 1.4% loan and pay $20,000 for the car.  So if at all possible, you would try to get a cheap loan from your bank, possibly through your mortgage, so you can buy the car without taking a loan from the car dealer.\""}
{"_id": "301798", "title": "", "text": "&gt;[**\u041a\u0430\u043a \u0431\u044b\u0441\u0442\u0440\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c 100 \u0440\u0443\u0431 \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435? \u0421\u043f\u043e\u0441\u043e\u0431 \u043f\u0430\u0441\u0441\u0438\u0432\u043d\u043e\u0433\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u0432 \u0441\u0435\u0442\u0438. \u0425\u0430\u0439\u043f\u044b, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u043f\u043b\u0430\u0442\u044f\u0442 [2:47]**](http://youtu.be/7lbDnWEDbWo)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435, \u043a\u0430\u043a\u0438\u0435 \u043f\u0440\u043e\u0435\u043a\u0442\u044b \u0432 \u0441\u043a\u0430\u043c\u0435 \u0430 \u043a\u0430\u043a\u0438\u0435 \u043f\u043b\u0430\u0442\u044f\u0442. \u0422\u0430\u043a \u0436\u0435, \u0435\u0441\u0442\u044c \u043f\u0440\u043e\u0435\u043a\u0442, \u0432 \u043a\u043e\u0442\u043e\u0440\u043e\u043c \u043c\u043e\u0436\u043d\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^13 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "301800", "title": "", "text": "It includes food and me pitching into utilities. I have priced it out and it would be fairly similar, I could save a bit if I didn't have the same diet as my family. Overall though I can't find much else that is largely better for my current income unfortunately."}
{"_id": "301802", "title": "", "text": "Unoriginal movies that focus on franchises, sequels, and reboots.  I came of age in the mid 80s, which seems to me to be a golden era of movies.  When I was a senior in high school in 1984, my friends and I would pile into a car and just go to the movies.  We didn't know what we were going to watch or when it started, but we knew there would be something good there, even if we had to watch Ghostbusters for the second time or The Terminator for the fourth.  Maybe Gremlins, or The Karate Kid, or Beverly Hills Cop, or A Nightmare on Elm Street, or Amadeus, or The Temple of Doom, Romancing the Stone, Sixteen Candles again, Dune, or The Last Starfighter, or The Neverending Story, The Natural, Starman, Firestarter, or Night of the Comet once again, Revenge of the Nerds, Spinal-fucking-Tap, or the Adventures of Buckaroo Banzai, Dreamscape, Splash, or fucking Repo Man!    Cannibalistic Humanoid Underground Dwellers."}
{"_id": "301809", "title": "", "text": "Oh yes! My policy is 5 stars unless something awful happened then detract based on how I feel. For example, a driver who was 10 minutes away to 35 minutes to get to me and called me a liar over the phone because I was at 1st ave N and not 1st ave W like he thought because he only knew W. He got 1 star..."}
{"_id": "301810", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.thefiscaltimes.com/2017/05/30/Trump-Says-Trade-Deficit-Germany-Very-Bad-It-Really) reduced by 86%. (I'm a bot) ***** &gt; That&amp;#039;s the difference between the $80.4 billion worth of U.S. exports to Germany and the $148.1 billion in German imports to the U.S. So, how does Germany stack up compared to the United States&amp;#039; other trading partners? Well, there is no question that the trade imbalance with Germany accounts for a significant chunk of the U.S. trade deficit - about 14 percent in 2016.  &gt; Even if the Trump administration were to somehow completely eliminate the U.S. trade deficit with Germany, it would mark a relatively small overall change in the total trade deficit.  &gt; Trade economists take a far more nuanced view of the impact a trade deficit has on a country.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6el1e4/trump_says_the_trade_deficit_with_germany_is_very/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133768 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **trade**^#1 **U.S.**^#2 **Germany**^#3 **deficit**^#4 **billion**^#5\""}
{"_id": "301813", "title": "", "text": "Investopedia does have tutorials about investments in different asset classes. Have you read them ? If you had heard of CFA, you can read their material if you can get hold of it or register for CFA. Their material is quite extensive and primarily designed for newbies.  This  is one helluva book and advice coming from persons who have showed and proved their tricks. And the good part is loads of advice in one single volume. And what they would suggest is probably opposite of what you would be doing in a hedge fund. And you can always trust google to fish out resources at the click of a button."}
{"_id": "301817", "title": "", "text": "\"My reply would be a serious, \"\"Oh my word! I was going to ask you the same thing!....guess that's a no from you\"\". I'd turn it back to them and let them be confused and think..gee..I guess she's not that much better off than me. Awkward but that's what I'd say.\""}
{"_id": "301822", "title": "", "text": "I'm no proponent for wealth inheritance but the government taking it is no solution. Voluntary charity is which his children will most likely be doing. Doesn't matter if the money end up in the US or Asia though although personally I think Asia needs it more."}
{"_id": "301825", "title": "", "text": "Offriamo a tutti i nostri clienti il trasporto gratuito con uno chauffeur privato che vi verra\u2019 a prendere in hotel o da qualsiasi parte siate per accompagnarvi a trascorrere la notte migliore della vostra vita nei migliori nightclubs e locali erotici di Barcellona."}
{"_id": "301833", "title": "", "text": "\"If the cheque is crossed (as almost all are these days), it can only be paid into an account in the name of the person it was written out to: it cannot be paid into another's account, nor can it be \"\"cashed\"\"1 \u2013 see the rules on \"\"Crossed\"\" cheques. Note: that while the recipient of the cheque cannot (legally) alter this state of afairs, the writer of a cheque that was printed pre-crossed can \u2013 at least technically \u2013 cancel the crossing (see above link). Probably the best the OP can do is pay in the cheque on the friend's behalf (as described in Ben Millwood's answer) and then either lend the friend some money until they are mobile and can get some cash to repay the OP (or have the friend write one of their own cheques which the OP can pay into their bank account). 1 As mentioned in the last section of the rules on crossed cheques, the only exception is that designated \"\"Cheque cashing shops\"\" have special arrangements to deposit cheques which they have cashed (after deducting a fee). However, they would (should?) require proof of identity (of the original payee) and so are unlikely to be of any help (and probably not worth the cost for \u00a335).  Having said that, I've never used one, so have no idea how strict they are in practice.\""}
{"_id": "301841", "title": "", "text": "The first thing to know is that the idea is not unique. The second thing to know is that there are already people working on the exact thing right now and none have finished it yet because they are worrying and procrastinating the same as you right now. Go and get it done!"}
{"_id": "301849", "title": "", "text": "most def.  When I have an algorithmic trading strategy I want to spitball, or some question about how to exploit netback pricing inefficiency between West Texas Intermediate and Brent prices based on some sort of shipping rate change, I'd like to post here.  When I want a new job, I'll go to r/financialcareers."}
{"_id": "301866", "title": "", "text": "\"It's possible to make money in the market - even millions if you \"\"play your cards right\"\". Taking the course being offered can be educational but highly unlikely to increase your chances of making millions. Experience and knowledge of the game will make you money. The stock market is a game.\""}
{"_id": "301875", "title": "", "text": "Oh, well that's much more reasonable than what I thought you meant (that Perry was not retarded).  I would encourage you to look into Ron Paul.  I have never supported a politician in my entire life.  He is the first."}
{"_id": "301877", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/10/20/us/politics/republicans-tax-401-k.html) reduced by 71%. (I'm a bot) ***** &gt; Republicans drafting the tax bill have kept its details closely held, and they would not comment on Friday about whether 401(k) changes were under discussion.  &gt; Republicans on the House Ways and Means Committee &amp;quot;Are developing pro-growth tax reform policies that will encourage and support retirement savings for all Americans,&amp;quot; a committee spokeswoman said.  &gt; The tax framework that President Trump and congressional Republican leaders released last month promised to retain &amp;quot;Tax benefits that encourage work, higher education and retirement security.&amp;quot; It left the door open to changes in the current system, saying that &amp;quot;The committees are encouraged to simplify these benefits to improve their efficiency and effectiveness.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/788pfk/republicans_consider_sharp_cut_in_401k/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233609 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **save**^#2 **Republican**^#3 **retirement**^#4 **Committee**^#5\""}
{"_id": "301880", "title": "", "text": "I work in sales so I'm not entirely sure, but there is some crossover but more in the late stage. In the beginning they would mainly look at the financials and do the modeling. Operational due diligence is only done when there are real intentions to buy a company."}
{"_id": "301915", "title": "", "text": "&gt;there's nearly always a reasonable argument.  Seemingly, and at first glance, but it's almost always to benefit those who can afford lobbying the most and with deeper pockets once you really look at the wording of the argument. They've been at it for several decades so they know exactly the wording to use to appear as if it's for our benefit."}
{"_id": "301920", "title": "", "text": "Since the first major piece of legislation he signed was the Russian sanctions bill, there is nothing significant to speak of, legislation-wise. There are claims of regulatory changes, the effects of which have neither been quantified nor seem as if they would be significant anyway."}
{"_id": "301943", "title": "", "text": "as a company owner in Europe, that is correct. the employee would be gone with (iirc) 80% pay for a full year.  fuuuuuuuck that...  edit: what employees also mostly don't realize, a bunch of similar ages females create a lot of drama. seriously, I'm far from sexist, but it always turns out like that. if you have 3+ girls sitting together there will always be drama at some point. and I mean bad vibe karma that makes you so angry you just want to fire them all out of frustration.   but let me clarify, I do hire women, and I pay them the same amount I would pay a male employee. if you can work like a man, and there is no reason you can't, you're paid the same and you're treated the same.   I just got hyper selective of the characters I hire."}
{"_id": "301954", "title": "", "text": "\"The republican gov, changed state law, took over the town of Benton harbor, threw out their elected officials and appointed a state employee to run the town. The unellected state employee decided the town was going to spend money building this golf course and he didnt ask for input from anyone in the town.  It took them a while to get to the point but they got there.  republicans say it was ok to kill democracy in this town because  &gt; \u201cHe got his friends down at the soup kitchen, took them to the polls and told them to vote,\u201d  you know the usual, \"\"dems are bussing homeless leaches to vote, doesnt matter that most of their citizens only make less than 10k\""}
{"_id": "301980", "title": "", "text": "FICO score tracks credit, not checking or savings. Unless there was a credit line attached, no impact at all."}
{"_id": "301984", "title": "", "text": "\"My study times were as follows:  * L1:  Started studying for the December test in mid-September; spent approximately 110 hours total studying Schwesser materials.  * L2:  Failed the first time w/120 hrs of studying from Schwesser.  2nd time around started in February (of the year of the test), spent about 130 hours studying straight from CFAI.  * L3:  Started in February of the test year again, approximately 130 hours of studying CFAI material.  I almost never studied more than 2 hours straight at a time, but it was consistently 2 hrs a day - that matters.  How much you study is up to you.  You need to study until you can confidently do the problems they're going to ask (they actually telegraph these questions directly to you if you study the CFAI materials).  The number of hours spent studying, outside of the construct of \"\"do you understand this and can you replicate it,\"\" is irrelevant.  Good luck -  PS I had approximately 8 years of front-office experience as a sell-side market maker and buy-side execution trader before starting L1.  I had absolutely no understanding of corporate finance, financial reporting/analysis, and very little understanding of equity valuation before embarking on the coursework.\""}
{"_id": "301985", "title": "", "text": "Stock trades are always between real buyers and real sellers. In thinly-traded small stocks, for example, you may not always be able to find a buyer when you want to sell. For most public companies, there is enough volume that individual investors can just about always fill their market orders."}
{"_id": "301987", "title": "", "text": "\"There's enough places that directly accept BitCoin today that, call it whatever you want, it looks, walks, and quacks like a duck.  And for transfers between two people that use different native currencies, it works a hell of a lot *better* and cheaper than most existing solutions.  As for \"\"growing faster\"\", in eight years Bitcoin has gone from nonexistent to the 266th biggest \"\"company\"\" (in terms of market cap) in the *world*.  Though still technically smaller than them, it makes the likes of Microsoft, Apple, and Google all look like sloths by comparison.  To address \"\"trust\"\" - You're conflating \"\"trust of the issuer\"\" with \"\"trust of the bag-man\"\".  With USD, you need to trust the good faith of the US Treasury; while that is certainly a pretty good bet, with Bitcoin, you don't need to trust **anyone**, because there *is* no issuing authority (no, not even the core devs could magically create more bitcoins out of thin air).  That's different than, for example, trusting an online wallet or exchange with it, because then you have a third party holding your assets that *can* vanish to the Caymans overnight... But that wouldn't be any less true if you trusted USD to a random guy online.  All that said, I'm **still** not invested in it because, although I love me some high return high volatility, I *don't* like the high risk of governments making my assets illegal overnight (China and Russia have already done so, though *for now* it seems more a statement of official policy than a real crime they go after people for).  But as a medium of exchange - You *bet* I keep a small amount in my offline wallet for convenience!\""}
{"_id": "301998", "title": "", "text": "\"I heard today while listening to an accounting podcast that a balance sheet... can be used to determine if a company has enough money to pay its employees.  The \"\"money\"\" that you're looking at is specifically cash on the balance sheet. The cash flows document mentioned is just a more-finance-related document that explains how we ended at cash on the balance sheet.   ...even looking for a job This is critical, that i don't believe many people look at when searching for a job. Using the ratios listed below can (and many others), one can determine if the business they are applying for will be around in the next five years.   Can someone provide me a pair of examples (one good)? My favorite example of a high cash company is Nintendo. Rolling at 570 Billion USD IN CASH ALONE is astonishing. Using the ratios we can see how well they are doing.  Can someone provide me a pair of examples (one bad)? Tesla is a good example of the later on being cash poor.   Walk me though how to understand such a document? *Note: This question is highly complex and will take months of reading to fully comprehend the components that make up the financial statements. I would recommend that this question be posted completely separate.\""}
{"_id": "302010", "title": "", "text": "Gold and silver are for after the crisis, not during.  Gold and silver are far more likely to be able to be exchanged for things you need, since they are rare, easily divided, etc. Getting land away from where the crap is happening is also good, but it's more than that.  Say you have land somewhere.  How will the locals view you if you move there to hunker down only when things go bad?  They won't really trust you, and you'll inherit a new set of problems.  Building relationships in an off-the-beaten-path area requires a time investment. Investing in lifestyle in general is good.  Lifestyle isn't just toys, but it's privacy, peace of mind, relationships with people with whom you can barter skills, as well as the skills you might think you'd need to do more than just get by in whatever scenario you envision. For the immediate crisis, you'd better have the things you'll need for a few months.  Stores probably won't be supplied on any regular basis, and the shelves will be bare.  Trying to use gold or silver during the crisis just makes you a target for theft.  With regard to food, it's best to get acclimated to a diet of what you'd have on hand.  If you get freeze-dried food, eat it now, so that it's not a shock to your system when you have to eat it. (Can you tell I've been thinking about this? :) )"}
{"_id": "302019", "title": "", "text": "Note: My sister works for one of the largest clinical development, testing, and commercialization companies so I know some of the key issues but not all. This answer does not constitute advice on any particular stock or other instrument. This is mostly well researched opinion. The problem with biotech companies (and a few other areas of technology) is that a lot of money is spent, and debt incurred, on ensuring that products are effective and safe to go to market. At any stage these tests can fail and the product is essentially worthless. At this stage the developers will have learnt a lot about the drug and how it is as efficacious as it is and so the next iteration of the potential drug will be better and hopefully less likely to cause complications and harmful side effects. The process of gaining approval for this second iteration is just as expensive, if not more so, than the last. This means that they are spending a lot of money on the drug and, for small biotech companies concentrating on one or few drugs, will have little to no income generation to offset this. If the money runs out before they get the product out they are bankrupt even if the drug is perfect. A second issue is that they are not the only firm looking for a cure. They might have a very good drug that works very well but another company may have a better one in the pipeline that will either take their monopoly position or take all of their business based on the relative cost and efficacy. The longer it takes them to get through testing, the more likely it is that this will happen and the more likely it is that the competing drug will be first to market and receive all of the free publicity that goes with that. In this case the risk is that they have a product (eventually) but no market for it and so will again run out of money. Another consideration is what the cure is actually worth. Prevention and awareness is already reducing the number of (wealthy) western people who have HIV and so the market size is falling where the most profit can be made. In order to get any return on your investment a profit will be required. Where HIV rates are rising is in poor countries in Africa, Asia, and south America where the price at which people could afford to buy a cure is likely to be lower than even the break even price for the firm. In this case you have a monopoly and a drug that works but no one can afford to buy it for a price that you can accept and still make a profit. Biotech is a very risky, but potentially lucrative, area because there are just so many risks at every stage. Price volatility occurs on rumour and questionable statements from the company (who are always trying to be positive so that their funding doesn't dry up) and even relatively small trades can move the market a large amount as few people want to sell an investment with so much potential. There are also some charged political positions with regard to HIV and AIDS, so a shift in political power could also derail a biotech firm that is researching this kind of drug."}
{"_id": "302022", "title": "", "text": "No, you cannot write off time, period. You should price the time spent into your product. I, occasionally, work on side projects of my own and forgo the   possibility of earning direct income for that time. Income not earned is income not taxed, so there's nothing to deduct."}
{"_id": "302024", "title": "", "text": "1 Primary acct. Receive and distribute money to all other accts. For security do not permit debit cards to touch or payment pull from this account.  All joint bills paid here. Attach a savings acct and credit card to this account for accruing taxes vacation money blah blah. This will facilitate managing instead of storing your funds. 2 Push distributions to one or two other individual accounts on whatever basis works. Cash groceries incidentals. Debit cards here."}
{"_id": "302036", "title": "", "text": "If you're looking at colleges to expand economic opportunity, then it will never be solved.  By the time someone goes into college it's too late.  If you want to give a kid the best opportunity in life, make sure it's born into a stable two-parent family environment.  The statistics don't lie."}
{"_id": "302037", "title": "", "text": "Quite possible, although I doubt those will play a significant role in the near future. Aside from robbing students of the whole 'college experience', 'virtual' classrooms can't really re-create one of the most important factors of college/university education: networking.   The reason rich people send their kids to expensive schools is not that the education there is necessarily better, but because they are sure to meet other rich people's kids there, which creates business opportunities.   A similar thing, albeit at another level, happens at every college in every town in every country. If there is no campus, there is no (or, at best, very little) networking."}
{"_id": "302049", "title": "", "text": "\"I assume your employer does standard withholding?  Then what you need to do is figure what bracket that puts you in after you've done all your normal deductions.  Let's say it's 25%.  Then multiply your freelance income after business expenses, and that's your estimated tax, approximately.  (Unless the income causes you to jump a bracket.) To that you have to add approximately 12-13% Social Security/Medicare for income between the $90K and $118,500.  Filling out Form 1040SSE will give you a better estimate. But there is a \"\"safe harbor\"\" provision, in that if what you pay in estimated tax (and withholding) this year is at least as much as you owed last year, there's no penalty.  I've always done mine this way, dividing last year's tax by 4, since my income is quite variable, and I've never been able to make sense of the worksheets on the 1040-ES.\""}
{"_id": "302084", "title": "", "text": "\"The question mentions a trailing stop. A trailing stop is a type of stop loss order. It allows you to protect your profit on the stock, while \"\"keeping you in the stock\"\". A trailing stop is specified as a percentage of market price e.g. you might want to set a trailing stop at 5%, or 10% below the market price. A trailing stop goes up along with the market price, but if the market price drops it doesn't move down too. The idea is that it is there to \"\"catch\"\" your profit, if the market suddenly moves quickly against you. There is a nice explanation of how that works in the section titled Trailing Stops here. (The URL for the page, \"\"Tailing Stops\"\" is misleading, and a typo, I suspect.)\""}
{"_id": "302093", "title": "", "text": "Another thing to consider is how much longer you wish to stay in this home & what you will do with it when you move. I had planned on doing exactly this, but we are more likely to keep our home when we move out and use it as rental property.  If we went down this route, we would have a lot of equity  (perhaps even paid off) in our home, but would have little left to save towards the next home down payment."}
{"_id": "302106", "title": "", "text": "One year patent limit isn't ludicrous for a simple reason. It doesn't require any measurement that can be abused. Ideally, the patent holder is recompensed for the cost for research and development and after that, competition should be allowed to take over. The trouble is anything involving cost can be and has been abused. A simple one year limit is hard to game."}
{"_id": "302126", "title": "", "text": "\"&gt; Do you even know these people and their history to know that they are \"\"undeserving\"\" of higher pay?  if they were worth more, other businesses would offer them higher higher pay. they aren't forced to work for walmart. but if their work makes a business $10/hr, it makes no sense for businesses to offer them more than that - it's a loss to the business.   &gt; Your comments show immense naivety and lack of empathy.  i'm just a med student, but i plan on giving a lot in charity once i'm working. and i'll bet you my charity givings will do many times more good than the gov't would do with it. watch just 2 minutes from this speech. it explains my views.   http://www.youtube.com/watch?v=18zqtVcGxAA#t=7m55s\""}
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{"_id": "302164", "title": "", "text": "For futures, you are obligated to puchase the security at $x when the contract expires.  For an option, you have the right or option to do so if it's favorable to you."}
{"_id": "302174", "title": "", "text": "\"&gt; The longer you are unemployed, the less likely companies want to hire you, it's a vicious circle.  This circle is even more vicious when you're older. When you're under 30, you can still write off that time as \"\"you were trying to find your passion.\"\" When you're 45 with kids, a year being unemployed is like 5 years of unemployment for a 28 year old. Employers really wonder.\""}
{"_id": "302207", "title": "", "text": "\"Can anyone provide data regarding automobile sales, types of cars produced, and gains in employment as a result? I realize the post states \"\"The increase in auto production mirrors the growing strength of America\u2019s manufacturing sector, which has added more than 700,000 jobs since early 2010.\"\", but I am specifically asking for automobile industry employment. Increased automobile production does not necessarily signify a stabilizing economy or a positive economy.\""}
{"_id": "302209", "title": "", "text": "One's paycheck typically has a YTD (year to date) number that will end on the latest check of the year. I am paid bi-weekly, and my first 2012 check was for work 12/25 - 1/7. So, for my own balance sheet, brokerage statements and stock valuations end 12/31, but my pay ended 12/24. And then a new sheet starts."}
{"_id": "302216", "title": "", "text": "I wasn't disagreeing with you, but I can understand why you might have that knee-jerk reaction.   I was pointing out that people have been banned from the main subs because they spoke out against left wing dogma.  Which, for the record, isn't necessarily better or worse than right wing dogma, it's just the controlling force in our society right now."}
{"_id": "302239", "title": "", "text": "Matt Finish Kitchen Respray Ltd is a professional provider of kitchen respray and refurbishing services in the United Kingdom. They are proficient in working on all parts of the kitchen with the highest care. Because of the quality of their services, they have been referred by most of their customers and earned an excellent reputation in customer service. To learn more about them, visit www.matt-finish.co.uk."}
{"_id": "302293", "title": "", "text": "\"Yea. I know the dimensions too. And it is the exact same wood because it is all imported from the US. The Japanese mills cut wood to mm, but the imported dimensional lumber from the US is cheaper - but not used in house framing whatsoever - people use it for decks and sheds and benches and whatnot.   Having the \"\"name\"\" for the board be a dimension the board isn't - and not display the actual dimensions as well is lame. That is the key point I have learned being here in Japan.   They have an array of 2x4 6,8,10,12, &amp;16ft boards labeled as such and the mm right below them.   When I buy 30x40mm thin lumber, that lumber is 30x40 *exactly*, there is no assumption the actual dimension is smaller. The fact that you need to know that the actual dimensions is smaller for US dimensional lumber is both traditional and asinine. \"\"Inches\"\" means nothing to Japanese people. They don't know the actual dimensions are wrong. So it never bothers them - everything is displayed in *actual* millimeters, so they are not  affected by such weirdness.   2x4 lumber is common and well understood by most people in the US. But they should also have the exact dimensions displayed as well- because \"\"most\"\" isn't \"\"all\"\".\""}
{"_id": "302306", "title": "", "text": "It's tough to avoid the discussion of taxes. Matthew's answer was excellent but of course, tax was part of the discussion.  In an article I wrote a while back, The 15% solution, I described how one can optimize taxes paid by using Roth (401 or IRA) while at a marginal 15%, and carefully transition to pretax to avoid the 25% bracket. It's possible to effectively save money from a 25% rate and withdraw it at 0%. (Zero is what one pays for the first $20K of a couple's income, this is the combined standard deduction and personal exemptions.) It would take $500K at retirement to produce the $20,000 withdrawal at a 4% rate. Keep in mind, this is a moving target as the numbers edge up each year.  With no match, I'd consider the Roth IRA. But I also agree, paying higher interest debt first is a wise priority."}
{"_id": "302310", "title": "", "text": "\"The only thing worse than finding out you are paid less than a co-worker is finding out that you are paid more than all of your co-workers. A lot of people who *think* they would prefer an open and transparent pay-scale (as in unions), change their minds, when placed in one.   I have worked in and implemented both types, as both an employee and as an owner/manager. There are pluses and minuses to both.   - \"\"Transparent\"\" pay-scale is most effective in a high-turnover, aggressively performance-metric-oriented environment where you expect people to be competing for jobs, including their own job, every day. For example, a pool of commissioned sales-agents: the more you sell, the more you make. Winner gets a Cadillac. Runner-up gets a set of steak knives. Loser gets fired, that kind of thing. If you can't meet your numbers, we let other people start poaching your territory/clients and see what they can do.   - Where it doesn't work is in a salary-type position where people are expected to have multiple \"\"soft\"\" duties outside of core performance metrics. The reasons are multi-fold:  - One immediate effect of implementing performance-based pay for salary-type employees is that people who are in the office for 8 hours a day, five days a week, immediate start devoting their time and energy towards getting another notch up on the pay-scale, even at the expense of their co-workers, or the company. It intrinsically incentivizes \"\"gaming the system\"\", finding ways to attach your name to easy metrics, and to remove yourself from the most difficult problems. The people who are best at hitting metrics are often not even close to the MVPs.   - If instead you take a \"\"soft metrics\"\" or subjective/holistic approach to evaluation, then you get a culture of brown-nosing and office-politics. People start sabotaging the \"\"boss's favorite\"\" and pursuing approval and credit, rather than performance. Instead of fostering a team-oriented, problem-solving approach, it fosters a counter-productive buck-passing, credit-grabbing, and blame-avoidance approach.   Note that both of the above intrinsically incentivize risk-avoidance. If you get paid for the number of projects that have your name on them, you find some way to get your name attached to every project, and then move on to the next one, whether the last one was done or not. If you get based on how \"\"successful\"\" the projects bearing your name are, then you avoid anything challenging and make sure only to be attached to the easy ones with the best co-workers. And so on.   - Alternately, let's say we keep the same, generic, salary-oriented pay-structure, we just make everyone in a certain \"\"tier\"\" get equal salary, that everyone knows. That sucks all the life out of everyone's sails so fast it will make your head spin: you cannot get a raise for doing a better job, you get paid the same raise as your worst co-worker, every year, for as long as you work here. We will never cut your pay, all you have to do is not be the canary in the coalmine-- so long as you can identify the worst performer in your group, and so long as it's not you, your job is safe. What time do you have to arrive? 5 minutes earlier than the latest-arriving person. How early can you leave? 5 minutes after the earliest one to check out. How much work do you have to get done? Only as much as anyone else is doing. What will you get for being the hardest-working, earliest-to-arrive, latest-to-leave? The same as the worst performer gets: you'll be splitting your raise with him, since we don't credit individuals here, just job-titles.   Most jobs that can be easily automated, are automated. If you need a human employee to do it, it's usually because it involves a nontrivial amount of \"\"soft\"\" skills and fuzzy-logic type thinking and behavior. A machine programmed purely to make as many widgets per hour as possible, and motivated to so with human-style skills, ingenuity, and incentives, will tear down the whole factory and dismantle all its co-workers and ignore all quality-controls in order to keep producing widgets.   You can't reduce human beings to input-process-output flowcharts (or rather you can, but they will invariably find unintended ways to outsmart your design criteria, with unintended consequences). The reason you need a person instead of an automated process is because you need a whole host hard-to-define, soft/fuzzy/flexible critical-thinking type skills.   **Everyone's job seems easier to the people who don't have to do it, and there is a tremendous hidden danger to de-valuing personal desire to do a subjectively \"\"good job\"\" by quantifying/genericizing the value of their contribution.**  Personnel management is very difficult to reduce to an engineering problem. You usually need good managers who can identify and motivate good employees, who will feel lucky to have the job and the salary they have, and who will come in every day trying to earn it. Posting everyone's pay on a bulletin-board negates all those \"\"soft\"\" skills, by putting a quantified, black-and-white, relative value on everyone's contribution.   Even in a very large organization, the \"\"marketplace\"\" of employees is rarely large enough, and the quality of real-time metrics is almost never good enough to \"\"digitize\"\" the bell-curve of employee performance. You end up making it a square-wave that demotivates all but the most extreme outliers.\""}
{"_id": "302315", "title": "", "text": "Lots of good advice so far. Here's some meta-advice. Read through everything here twice, and distill out what the big picture ideas are. Learn about what you need to know about them. Pick a strategy and/or long term goals. Work toward them. Get advice from many many places and distill it. This is currently known as crowd-sourcing but I've been doing it all my life. It's very effective. No one will ever care as much about your money as you. Some specific things I haven't seen mentioned (or not mentioned much):"}
{"_id": "302316", "title": "", "text": "\"&gt; Fiat money backed by sovereign nations who can control you with their military. I don't think bitcoin has the same kind of backing.  That's kind of the point.  People are choosing to use bitcoin voluntarily; forcing them by gunpoint isn't really what it's about.  It's supposed to be free market money, not fiat (\"\"by decree\"\").    Bitcoin succeeds by both being competitive and resistant to hostilities from central authorities, it doesn't succeed through coercion.  That's a sign of its strength imo.  If it had a military backing it I certainly wouldn't support it.  The sooner we can free our monetary systems from the influence of violent coercion, the better.\""}
{"_id": "302327", "title": "", "text": "If the mortgage is against your primary residence, then the only part that's (probably) deductible is the mortgage interest.  If you pay down your loan principal faster, then all other things being equal you'll get less of a tax deduction, because you'll accrue less interest in the months after you throw a big chunk at the principal (the principal is less, so the interest is less). But don't worry; that's all right!  It's a tax deduction, so your actual tax savings will be only a fraction of the interest you paid, so at the end of the day you'll be saving yourself money."}
{"_id": "302372", "title": "", "text": "\"Stocks with a low average daily trading volume (\"\"thinly traded stocks\"\") will also tend to have higher spreads. So you'll tend to pay more when you buy and get less when you sell.\""}
{"_id": "302386", "title": "", "text": "\"&gt; Put a touch-based Windows 7 OS on Surface and I believe you'd see an instant jump in sales.  A big part of windows 8 is just that.  The windows RT devices lacked the \"\"desktop\"\" part, which is basically windows 7.\""}
{"_id": "302402", "title": "", "text": "&gt; You are willing to participate in an unethical act just because it is convenient to a powerful few?  Wow, such a limited definition. Where do you live? I have lived in dense inner cities where eminent domain was used in extreme cases. I have seen houses ready to fall down, in which the tenants were living with black mold, but refused to move or fix it. Eminent domain was declared, and the house was levelled. The owners were paid (more than many would argue) a fair share for the house, and the neighbors no longer had a hazard living next door."}
{"_id": "302409", "title": "", "text": "\"Despite the unmarried status, you need to see a lawyer.  Essentially you have a business with this person owning a home as the asset, and a mortgage for which you are responsible for.  A lawyer needs to examine any paperwork you have and with knowledge of your particular jurisdiction's laws can advise you on the proper course of action. You paint a really ugly picture of this guy.  I bet you are correct that he is kind of a horrible person.  \"\"Tough love\"\" time:  You willingly entered into a long term contract with this person.  Why would you do such a thing?  Perhaps some self reflection and counseling is in order.  This is probably more important than worrying about your credit. All that being said, it is good of you to want to break ties with this person.  You can rebuild.  All will be good if you concentrate on the right things.\""}
{"_id": "302412", "title": "", "text": "\"You have a lack of credit history.  Lending is still tight since the recession and companies aren't as willing to take a gamble on people with no history. The secured credit card is the most direct route to building credit right now. I don't think you're going to be applicable for a department store card (pointless anyways and encourages wasteful spending) nor the gas card. Gas cards are credit cards, funded through a bank just like any ordinary credit card, only you are limited to gas purchases at a particular retailer. Although gas cards, department store cards and other limited usage types of credit cards have less requirements, in this post-financial crisis economy, credit is still stringent and a \"\"no history\"\" file is too risky for banks to take on. Having multiple hard inquiries won't help either. You do have a full-time job that pays well so the $500 deposit shouldn't be a problem for the secured credit card. After 6 months you'll get it back anyways. Just remember to pay off in full every month. After 6 months you'll be upgraded to a regular credit card and you will have established credit history.\""}
{"_id": "302419", "title": "", "text": "His mom's death is very sad but also keep in mind it's the one and only problem he has that he didn't make for himself by being an Ayn Rand / Gordon Gekko asshole. His mom didn't make him sabotage Lyft, or ignore sexual harassment, or use the medical records of the Indian rape victim to strategize how to defeat her."}
{"_id": "302420", "title": "", "text": "\"A real simple definition or analogy of present Value would be the \"\"Principal\"\" or \"\"Loan Amount\"\" being lent and the future value as being returning the Principal along with cost of borrowing The (1+i)^n is the interest you earn on present value The (i+i)^-n is the interest you pay on future value The first one is the FVIF or future value of a $1 The second one is the PVIF or present value of a $1 Both these interest factors assume interest is paid annually, if the interest payment is made more often within the payment year then interest factors look this way m is the frequency of interest payment, the higher this frequency the more of interest you pay or earn and you pay or earn the most interest when compounding occurs on each small fraction of time This entails here e is the Euler's e  Thus the interest factors turn to this The preceeding examples only considered a single repayment at future date. Now if you were obliged to make periodic loan repayments say in amount of $1 for n number of periods. Then the present value of all such periodic payment is the \"\"Principal\"\" or amount you borrowed. This is the sum of discounted periodic payments as  if we replace 1/1+i with x then this turns out to be geometric series of the form This simplifies to  replacing (1/1+i) for x we get which is the present value of periodic payment in amount of $1 The future value of periodic payments in amount of $1 can be arrived at multiplying the PVIFA by (1+i)^n giving Once again the interest is compounded per annum and for intra-year compounding you would have to at first find the annual effective yield AEY to use as the effect rate is the PVIFA and FVIFA calculation for continuous compounding All the calculation discussed thus far did not take inflation into consideration, if we were to adjust the amounts for a growth of g% then the present value of a $1 would be as follow Once again you would have to use AEY if compounding frequency of interest is intra-year Now assume that each loan repayment increases or decreases by an extra amount Q per period. To find the present value of series of payments P that increase or decrease per period by an amount Q we would do the following calculations Here and All of these calculations have been available in tadXL add-in for finance and incrementally being offered as JavaScript financial functions library tadJS. Please note that the tad series of the financial functions library for various environments such as Excel, JavaScript, PHP, Ruby, Microsoft.net and others are property of the author writing this post. All of these libraries except one for Excel are available for FREE for public use. And the future value of such payments with increments may be found by multiplying the PV by (1+i)^n as follows Here\""}
{"_id": "302421", "title": "", "text": "I've done it 5 or 6 times.  I'm talking when the position drops by 10-15% in a matter of days and the vix spikes. My rationale is that the VIX cannot remain at 80+ levels for weeks.  It always reverts back to a calmer level and XIV gains back its losses. I'm not betting the house, just putting money on something that has always rewarded me."}
{"_id": "302427", "title": "", "text": "\"I hate to put down the beloved people of Woody Guthrie and Steinbeck, but it really is a bunch of descendents of Dust Bowl refugees from Oklahoma, Kansas, Texas, etc. who have been oppressed by the political powers since the 1930s. Many of their descendents have overcome the oppression and integrated but there is still a huge population of people descended from people who had to fight tooth and claw simply to get the right to work on farms for minimum wage, and now there's a huge working and often idle class of ignorant people known as \"\"white trash\"\" in California's Central Valley.\""}
{"_id": "302431", "title": "", "text": "off label uses are not endorsed and the physicians cannot prescribe a medication solely for any use that's not on the fda-approved packaging. Even if it works. They often do, though. It's technically not permissible not because it's potentially unsafe, but because it's not a patented use of the active ingredient and the pharma company is losing money.   sources: degrees and working with senior execs from 2 top pharma companies."}
{"_id": "302433", "title": "", "text": "You're offering a false choice where a lack of mega-corporations results in prices that are beyond the reach of a significant amount of people.  It is false because the mega-corporations have not always existed, and yet we did not have prices that were beyond the reach of a significant amount of people. In fact, our economy was actually a lot better and we had less income inequality across the board."}
{"_id": "302448", "title": "", "text": "$23,000 Student Loans at 4% This represents guaranteed loss. Paying this off quickly is a conservative move, while your other investments may easily surpass 4% return, they are not guaranteed.  Should I just keep my money in my savings account since I want to keep   my money available? Or are there other options I have that are not   necessarily long term may provide better returns? This all depends on your plans, if you're just trying to keep cash in anticipation of the next big dip, you might strike gold, but you could just as easily miss out on significant market gains while waiting. People have a poor track record of predicting market down-turns. If you are concerned about how exposed to market risk you are in your current positions, then you may be more comfortable with a larger cash position. Savings/CDs are low-interest, but much lower risk. If you currently have no savings (you titled the section savings, but they all look like retirement/investment accounts), then I would recommend focusing on that first, getting a healthy emergency fund saved up, and budgeting for your car/house purchases.  There's no way to know if you'd be better off investing everything or piling up cash in the short-term. You have to decide how much risk you are comfortable with and act accordingly."}
{"_id": "302452", "title": "", "text": "I just did this with a potential tenant. She said she was in her spot 5 years and wanted to move to a nicer place. She talked about money, her jobs, her habits. It wasn't until my second conversation that I picked up she was nervous because this was a big move for her."}
{"_id": "302453", "title": "", "text": "\"On #1: One way to make it less painful is to \"\"split\"\" your raises between yourself and your 401k. That is, if you get a 2% raise, increase your contribution to the 401K by 1% and keep the other 1%. Keep doing this until you are maxed out. You won't miss money you never had nearly as much as money you were used to living on. On #2: Yes, go with the Roth. Another consideration: If you are ever going to max out your 401K it is best to do it early even if you have to cut back later than to wait. Take advantage of the extra investment time while you are young.\""}
{"_id": "302486", "title": "", "text": "The dating service era we find ourselves in is making it more difficult for us to connect and commit to a single person.  There is so much variety out there and the myriad of choices is firstly allowing us to shop around and experience single hood for longer, and secondly allowing us to drop our commitment to another person at the first sign of trouble."}
{"_id": "302494", "title": "", "text": "Landelijke keuken kopen voor een warme sfeer? Bent u op zoek naar een keuken met een warme en gezellige uitstraling, dan is een landelijke keuken echt iets voor u. De details, het materiaalgebruik en de kleuren zorgen voor een warme sfeer in uw woning. Dus meer informatie bezoek onze website."}
{"_id": "302512", "title": "", "text": "To be clear, a 401K is a vehicle, you make investments WITHIN it, if you choose poorly such as say putting all your money into company stock when working for the next Enron, you can still get hurt badly.  So it is important to have diversity and an appropriate risk level based on your age, tolerance for risk, etc. That said, as vehicles go it is outstanding, and the 'always max your 401K' is very very common advice for a large number of investing professionals, CFA's, pundits, etc.  That said there are a few priorities to consider here. First priority, if there is some level of company matching, grab that, it's hard to beat that kind of 'return' in almost any other case. Second, since you never want to tap into a 401K (if you can at all avoid it) before you are ready to retire, you should first be sure you have a good 'emergency fund' set aside in the event you lose your job, or some other major catastrophy happens.  Many recommend setting aside at least 6 months of basic living expenses.   Third, if you have any high interest debt (like credit card debt) pay that stuff down as fast as you can.  You'll save a ton of interest (it's pretty much the same as investing the money you use to pay it down, and getting a return equal to the interest rate you are paying, with zero risk.. can't be beat.  You'll also end up with a lot better cash flow, and the ability to start saving first and spending out of savings, so you earn interest instead of paying it. Once you have those things out of the way, then it is time to think about fully funding the  401K.  and keep in mind, since you don't pay taxes on it, the 'felt effect' to you pocket is about 80% or even less, of what goes into the account, so it's not as painful as you might think, and the hit to your take home may be less than you'd expect.  Contributing as much as you can, as early as you can also lets you benefit from the effect of compounding, and has a far larger affect on the balance than money put into the account closer to retirement.  So if you can afford to max it out, I surely would advise you to do so."}
{"_id": "302521", "title": "", "text": "This is similar to your TFSA question. While the S in RRSP or TFSA stands for savings, it does not stipulate exactly what instruments you use to build up those savings. With few exceptions, you can hold any type of investment in either an RRSP or TFSA. Thus, do not think of them as savings accounts per se, but more like umbrella accounts, or plans. It's actually the financial industry that creates these misnomers of so-called RRSPs, which are usually GICs or balanced mutual funds held inside an RRSP plan, or TFSAs, which are literally savings accounts held inside a TFSA plan. The most versatile accounts are the self-directed RRSP or TFSA accounts, usually through a discount broker, where you can purchase many different types of investments inside your registered accounts, including stocks, bonds, mutual funds, GICs, gold, etc. Thus a share purchase plan held inside an RRSP is completely eligible and may be a sensible investment for retirement savings."}
{"_id": "302532", "title": "", "text": "\"You mention: High rent places are usually also high   property value places. Given the tax   incentives, it seems like a good long   term idea to grab a house, so if we   assume you have the option of working   and buying a house in a high CoL or a   low CoL city, I think you'd prefer the   high cost. Because essentially, after   30 years, you'd have a million dollar   house vs a quarter million dollar   house. You've captured three quarters   of a million dollars in rent, given my   napkin math hypothetical. I think you're forgetting about some of the associated costs with \"\"owning\"\" a home, including:\""}
{"_id": "302539", "title": "", "text": "Yes, very.  Opening a Roth - there is a limit of $5000 ($6000 if age 50 or older) for the year as well as a phaseout based on income, starting at $105K if single, $167K if married filing joint. Of course, this is for a new deposit, the choice is this or the conversion I discuss next... Conversion - there is no income limit. Taxes are due on the amount converted, either as income in 2010 or half the amount as income in each of '11 and '12. If any IRA money was not deducted, you add all IRA money and pro-rate the amount converted so it's not taxed twice."}
{"_id": "302560", "title": "", "text": "If the company pays for Group Term Life Insurance, some of that premium payment may be taxable.  If memory serves, that's what's included in W-2 Box C. W-2 Box C has no bearing on Schedule C."}
{"_id": "302564", "title": "", "text": "70% of our grain agriculture is actually spent on feeding livestock so we can eat a lot of meat. Eat less beef (as beef is specifically resource intensive) and this isn't a problem and we can actually work on solving the illegal immigration problem at the same time."}
{"_id": "302580", "title": "", "text": "The best way to get what you want is to deserve it.  I like the top commenter here in how they lead off- be honest about everything. Show them you know you're new to the group and don't expect to know everything off the bat.  Start getting really involved in learning the business- read some books, ask your family a million questions, and take it seriously. The more you do at the beginning, the better off your journey will be."}
{"_id": "302594", "title": "", "text": "All governments need to do is figure  out how to monitor, regulate and tax whenever BTC (or any crypto) is converted into dollars or merchandise.  The public ledger doesn't have names associated with it, but it does have public keys, which can be used to determine what other transactions have taken place that might not have been reported and how much crypto is in that wallet?  I agree with Ballsy12, there could be a dark side to crypto that we're not paying attention to because we're all so excited about the money we're making, but it's only money if we can spend it, and that's where it starts to get concerning.  Every transaction recorded is a bean counters wet dream."}
{"_id": "302615", "title": "", "text": "\"I feel like he's just doing this for the kicks and doesn't really believe in it. But then I see the numerous talks, the book etc and I can't decide. His entire basis for a \"\"idea meritocracy\"\" is that everyone should be truthful or \"\"radical transparency\"\". I do not see the connection at all. You cannot build an idea meritocracy because it inherently means you can judge if an idea succeeds or fails before implementing it. If you want to bias yourself toward successful ideas, it requires nothing more than allowing people to implement what they think and then rewarding the ones who succeed. Basically, I cannot see the point of this \"\"radical transparency\"\" etc.  Except for one possibility - his computer algorithm. I feel like that is his grasp at immortality and the algorithm requires stupid tons of data to function. So why not give it to the best source for such data? Top ivy league graduates and brilliant people hired by the one of the biggest hedge funds on the planet. And then sell them on this idea that \"\"radical transparency\"\" is the basis for all success in the firm, and ask them to start inputting data on it.\""}
{"_id": "302616", "title": "", "text": "There are sites in India that offer this, http://www.intuit.in/ is one such site. Apart from this some banks like ICICI offer this to limited extent."}
{"_id": "302619", "title": "", "text": "It doesn't make a difference if you will be keeping it in the 401K or transferring it to an IRA, it is still retirement money that you plan on investing for decades.  Pre-Enron many employees invested significant amounts of their retirement funds with the employer. One of the risks was that if a single stock was down at the wrong time, you were hurt if you needed to sell.  If you are going from an S&P 500 in the 401K to an S&P 500 in the IRA, it doesn't matter if the the market is up or down, the two funds will be pretty much in synch."}
{"_id": "302630", "title": "", "text": "Rosewood Green offers buyers an affordable choice of registered land with a wide range of houses and land packages on offer from the area\u2019s leading builders. Your new home will be close to the beautiful Rosewood golf course, local schools and train, and an easy commute to the city and RAAF base. All the benefits of country living close to the city."}
{"_id": "302654", "title": "", "text": "eSalesData sources and delivers the auto industry executives lists that you need to push your sales drive into the fast lane. It doesn\u2019t matter whether you\u2019re looking for local leads to improve business at a particular dealership or a database that\u2019ll help you launch a national campaign \u2013 we\u2019ll service all your marketing needs."}
{"_id": "302668", "title": "", "text": "Holland Business Services, LLC is the leading Forensic Accounting Firm in Las Vegas with over 40 years of experience specializing in restructuring and reorganizing troubled businesses, and providing the best forensic accounting services available. Located at 2850 S Jones Blvd., Las Vegas, NV 89146-5639, just call (702) 307-2022 ext: 104 or visit http://www.hollandbusinesssvcs.com for more information about their services."}
{"_id": "302678", "title": "", "text": "\"I somewhat agree to Alex B's post.  I was a finance manager for 7 years both prime and sub-prime(special)(in other words bad).   The parts he's 100% right on.  Hit up you local credit union then your bank.  Get your financing done first if you can.  Now 690 credit score is one of 3 bureaus, not all banks and lending institutions use all three or the same one.  Also the score isn't everything.  That could be good or bad.  The 2-3% range is normally for the 720+ crowd unless its a manufacture.  (GM, Ford, so on)  With rates capping out at around 30% depending on state laws.  However 690 should not be 19% on a new or late model car.  At 690 at 19% you would have be going for a 70,000+ mile 6 year or older car if I had to guess. Assuming you have no BK's and repos.   Some times dealerships have to pay banks to get people financed.  Its hidden in the cost and they by law are not allowed to tell you about it because it cannot be passed on to you.  However the banks don't just fund any crazy amount of money either say like 115% of book and  that it.  That is where and why they want that big down payment because that is used to off set the finance amount and what you pay.  Making the dealership money.  and i can go on and on and on...   But you should always try to get the funding prior.  Your credit union won't charge the hidden fees and they only care about your down payment to see that you are making a commitment.  If you are buying used.  Save out 1500 for future repairs and tires and such.  Don't buy paint protectant and such.  If you finance thru the dealership and put less than 20% down DO buy Gap Insurance but thats it.  I can go on and on but I won't.  Feel free to ask though.   And to answer your original only question with not context. \"\"Is there any reason not to put a 35% down payment on a car?\"\" Yes if the money is better served paying off credit cards or long term mortgage, assuming you don't need the write off.\""}
{"_id": "302683", "title": "", "text": "I think it says a lot more about you than anyone else, that you can't seem to imagine adults using recreational drugs responsibly.   When you think of someone who enjoys good beer, do you automatically picture the most cartoonish alcoholic you can muster?"}
{"_id": "302684", "title": "", "text": "In a generation of hardworking and earning people, it gets really difficult to discover people with whom one can spend their whole life. We start work early and we end it late, resulting in tiredness, loneliness and sometimes feeling of isolation. This is why we need matrimonial ads which make it very convenient for them to find a suitable partner."}
{"_id": "302688", "title": "", "text": "I met with the hiring manager, then the Vice President of the department. The VP told me that she'd have HR send me an offer. They are old-fashioned and will be sending this out via US mail. It should come in soon.   There are plenty of jobs around here!"}
{"_id": "302691", "title": "", "text": "This are my opinions on the subject: -People are tired of the corrupt system of bankers who poorly manage money, Bitcoin is built on trust, and more people are starting to trust it. Can you trust a banker? NO. Can you trust computer systems built on strict code that will always do what you tell them too? YES. To understand why Bitcoin is safe, one must first understand the block-chain technology. MORE INFO -More companies are starting to accept Bitcoin as payment, which creates more trust in the system, which brings more people interest. LIST OF COMPANIES -Bitcoin is a worldwide coin, you can pay your friend in Japan with Bitcoin and the transaction is done in 10 minutes, as opposed to 5-7 business day if done through a bank. The banker fee is huge, the Bitcoin miner fee is minimal. -Bitcoin is like Gold but better, Bitcoin is not built for everyday transactions just like gold, its not built for buying coffee either, its built to retain value which is why there is a finite amount (21 million). -A huge benefit of bitcoin is anyone with a smartphone or a computer can download an App and start accepting Bitcoins as payments. Gold is not easily trade-able. Bitcoins is as simple as sending a picture message. (NOTE: More than 2 billion smartphone users around the world around 3.7 billion internet users around the world all capable of one day trading using bitcoin) LIVE INTERNET USERS -Keep in mind, there is more than one crypto currency, all built on different ideas and systems, all performing with incredible gains. MORE INFO"}
{"_id": "302699", "title": "", "text": "\"Does some official tell the Foreign Exchange the the new exchange rate for the yuan is 0.98 * the current exchange rate? For China (and other countries with fixed/controlled exchange rates) - that's exactly how it happens. Does it just print more? This is the way to go for fully convertible currencies (like the USD, EUR, GBP, and handful of others, there're about 20 in the world). Flood the market and as with any commodity - flooding the market leads to a price drop. Obviously \"\"just print more\"\" is much harder to do than picking up the phone and saying \"\"Now you're buying/selling dollars at this price and if you don't I'll have you executed\"\".\""}
{"_id": "302700", "title": "", "text": "You're just making that up.  Over the last five years, food prices are up 15%.  That's a lot.  Still, 10x lower than your claim.  Reference: http://metricmash.com/inflation.aspx?code=SAF11 Another: http://www.fas.org/sgp/crs/misc/R40545.pdf  Food inflation in 2012 is about 2.0, above overall inflation of about 1.7%.  It has been similar in the last four years.  Mind you, you wrote that inflation was 20% overall because food prices were going up *even higher than that.*  You're not just wrong.  You are *wildly* wrong, possibly in a paranoid way, about a topic that is very easy to get objective data on.  Any response that doesn't acknowledge that will be ignored."}
{"_id": "302722", "title": "", "text": "This article is BS.  Middle management is a corporate disease that allows business to grow bigger while providing less service.  The more middle management there is, the more the business will dodge accountability, and the less they will respond to customer input.  That is not a dig at the people, that is simply a *function* of middle management -they are a class of employees who deal with fundamental problem but do not have the authority to make fundamental decisions.  Ass-covering and drifting out of touch are the natural results."}
{"_id": "302735", "title": "", "text": "I'm assuming this was a cashless exercise because you had income show up on your w-2. When I had a similar situation, I did the following: If you made $50,000 in salary and $10,000 in stock options then your W-2 now says $60,000. You'll record that on your taxes just like it was regular income.  You'll also get a form that talks about your stock sale.   But remember, you bought and sold the stock within seconds.  Your forms will probably look like this: Bought stock: $10,000 Sold stock: $10,000 + $50 commission Total profit (loss): ($50) From the Turbotax/IRS view point, you lost $50 on the sale of the stock because you paid the commission, but the buy and sell prices were identical or nearly identical."}
{"_id": "302765", "title": "", "text": "Business dealings are not kept secret from those within the company. You see it every day based on the strategy and objectives you're given as an employee.  Managers report to the CEO and he has to make decisions based on those reports.   And it really depends on the company.  But to say that CEOs are not important is clearly a mistake."}
{"_id": "302766", "title": "", "text": "IT *IS* a cost center.   Investing in improving the operation a cost center to increase it's efficiency and reduce its overhead does not magically make it into not being a cost center.   IT will never make Home Depot or Lowes profit because they don't sell IT. It is a cost center.   http://www.investopedia.com/terms/c/cost-center.asp  If you want to get into pedantics, this is why Amazon is eating the world - they figured out how to take their largest cost centers (their retail IT operations and Logistics operations) and actually turn them into profit centers (Amazon AWS and Fulfilled by Amazon). As a result, Amazon actually does not HAVE many cost centers anymore.... they may have crappy margins, but when you eliminate cost centers outright, it will have dramatic results over time.  It is hard however to imagine Home Depot or Lowes figuring out a way to replicate this."}
{"_id": "302767", "title": "", "text": "\"Ok. I get it. They actively cut expenses on their overhead and payroll. My focus is on their brand-x products. Last time I was there I bought their brand-x Fritos to try. No marking at all as to who produces them or where.   My biggest fear is that they come from China or India where QC is, shall we say, lax. Or they use ingredients are \"\"farm animal\"\" quality. I can't imagine they are QC'ing the products on the factory floor of their vendors, assuming they care. It's all about the buck.  And on a side note, it gripes me to no end that a company can go through the huge time/expense to bring a product to market (like Frito's) only to have it ripped off by Aldi type brand-x copycats. Truthfully, if it wasn't for my mother (a German) pushing me to take her there, I'd never step foot in Aldi. The place truly creeps me out.\""}
{"_id": "302771", "title": "", "text": "The NFL hate is the dumbest shit I've ever seen. Seriously, there has to be something wrong with you to buy into something that spectacularly stupid.   Kaep isn't even in the league anymore. Players had stopped their peaceful, low impact protest. This shit was over and handled until Fox brought it back from the dead."}
{"_id": "302773", "title": "", "text": "\"It actually works very well on Google Home, the issue is that I don't get free shipping until I reach the minimum.   Basically you say \"\"hey google buy baby wipes\"\" and it will give you choices and prices, or it will say something like \"\"last time you bought blah blah blah, buy the same?\"\" and you just say yes.   This is useful when you are in the kitchen and you notice you are out of paper towels or something like that and you can just order it. But again the stupid minimum makes it so I can't use it.\""}
{"_id": "302782", "title": "", "text": "Math major here.  ODE is relatively useless.  Analysis, Linear Alg, and programming skills are going to be more helpful if you make it into quantitative role.  And no, ODE doesn't require anything but the basics in physics... and even then that shit will be given to you on a silver platter.  Kinematics at most."}
{"_id": "302783", "title": "", "text": "Every student has a different level of understanding and the sense of languages, so there is different level of curriculum for the students according to their different levels of learning. Our learning institute can provide you the required atmosphere so you can adapt this language easily and within the least possible time."}
{"_id": "302792", "title": "", "text": "Inflation also provides incentives for consumers to purchase now rather than later (which helps drive sales) and it provides incentive for money to be invested and put back into businesses, rather than held as cash, because you need to earn at least a little interest on your money just to break even."}
{"_id": "302807", "title": "", "text": "Please do not focus solely on income tax, and ignore all of the other taxes that businesses need to pay.  Payroll taxes for example.  If I make $15/hr, I cost my employer more than this in reality."}
{"_id": "302808", "title": "", "text": "If the company is stable. I like to recoup losses by buying in the valley and selling it all at the plateau and then learning as all beginners do, don't  buy stocks because there's a feeding frenzy...or because Joe told me too. Pick your strategy in stocks and learn to stick with that. If you have no strategy, buy land."}
{"_id": "302823", "title": "", "text": "\"Here's another rational reason: Discount. This typically works only in smaller stores, where you're talking directly to the owners, but it is sometimes possible to negotiate a few percent off the price when paying by check, since otherwise they'd have to give a few percent to the credit card company. (Occasionally the sales reps at larger stores have the authority to cut this deal, but it's far less common.) Not worth worrying about on small items, but if you're making a large purchase (a bedroom suite, for example) it can pay for lunch. And sometimes the store's willing to give you more discount than that, simply because with checks they don't have to worry about chargebacks or some of the other weirdnesses that can occur in credit card processing. Another reason: Nobody's very likely to steal you check number and try to write themselves a second check or otherwise use it without authorization. It's just too easy to steal credit card info these days to make printing checks worth the effort. But, in the end, the real answer is that there's no rational reason not to use checks. So it takes you a few seconds more to complete the transaction. What were you going to do with those seconds that makes them valuable? Especially if they're seconds that the store is spending bagging your purchase, so there's no lost time... and the effort really isn't all that different from signing the credit card authorization. Quoting Dean Inge: \"\"There are two kinds of fool. One says 'this is old, and therefore good.' The other says 'this is new, and therefore better.'\"\"\""}
{"_id": "302826", "title": "", "text": "Depends on what measures were taken. *If* they followed standard best practices and were hacked, then would you still want them put out of business? Should airlines fold if one of their planes crashes?  Now if they were negligent, that's another story. You can read my other comment down the thread but shutting down Equifax is only going to hurt innocent people who had no say in the matter. Personally I don't think that is going to do the most good after the fact."}
{"_id": "302829", "title": "", "text": "There are some useful comments about the tradeoffs of the decisions in front of you.  Intertwined with the financial choices, hopefully you can see a map opening up.   Make a little chart if it helps.  Benefit and Cost.  If you're looking for financial options, you will have to also add more columns to that chart:  Option and Cost. An example is the comment on making connections with rich kids.  Trust fund babies are everywhere in this country.  Did you know any rich kids while growing up?  How were those rich kids you knew of back then... in your school... in your town?  How did they treat you?  Were you ever invited to their parties or gatherings?  Now there's an opportunity for the privilege to pay a lot of money to sit in a classroom next to them?  Even in the early days of American history with merit based millionaires... tycoons who made it rich by the seat of their pants.  At fancy dinner parties and soirees, a new term emerged to put each other again out of reach: old money (the deserving) and new money (uncultured climbers).   That's my bias.  You'll have some of your own.  What is important to YOU has to come through because these days, the price tag of any higher education implies a considerable piece of your life's timeline will be committed to... something.  Make sure you get what you feel is worth that commitment. Take stock of what has been said here by the others, but put a value on those choices and seriously consider what you're willing to pay for... and what you're not.  There is no formula for your success as there's been thousands of exceptions... ESID (Every Situation is Different)."}
{"_id": "302835", "title": "", "text": "I think because that high price and the fact that you anyway have a limited time to buy it before the movie starts maximizes their revenue."}
{"_id": "302869", "title": "", "text": "If you don't need 100% accuracy then GLD and SLV will work fine.   Over the long-term these converge quite nicely with the price of the metal."}
{"_id": "302893", "title": "", "text": "If you can provide evidence that you are the person who opened the account (which may be as simple as providing your signature, since this isn't really different from asking for a bank check or inter-bank transfer or ATM-network transfer), there should be no problem. Contact your bank and ask them what information they need to provide."}
{"_id": "302899", "title": "", "text": "It is surrounding areas offer so much variety of locations to enjoy a romantic dinner. It is the best place and secure for the couple who wants to get benefits of different service of entertainment at affordable.  Get the special date night with your girlfriends at the West palm Beach Escape Rooms. The Escape room palm beach is ideal for corporate groups to have created and engaging sessions. Team building has never been so addictive. We are very popular  due to its unique approach of girls night out west palm beach to attracting visitors through specialty programs and best events. Get the special date night in an escape room with a unique service."}
{"_id": "302904", "title": "", "text": "The stock had quite a run-up, so it was do to fall anyway. I would want it to fall further before I start buying shares. Best Buy will be around for the long term because people still need to see and feel the merchandise as well as get some good advice from the tech nerds in the store.  Circuit City got crushed, but Best Buy is the leader and will remain so. Online Commerce is growing like crazy, but the correctly-run brick and mortar stores will always be around."}
{"_id": "302907", "title": "", "text": "That's because Priuses don't let the battery charge fall outside of a contained range of roughly 40-80%. Degradation is reduced to almost nothing if you keep Li-ions in a partial charge state, too high or too low and you damage the battery ever so slightly.  Plug in hybrids use a wider range of the battery's potential. The Nissan dealer near me is the #1 Leaf dealer in the country and their techs have told me that battery life is already becoming an issue. I believe there's even a class action suit that just started over it, I'm on my phone so I'll try to find a source for that later."}
{"_id": "302951", "title": "", "text": "Gonna have to think about this one yourself. How much is the old house worth if you sell it? How much can you rent it out for? If you can sell it for a decent amount, you might be able to pay off the current house completely, save yourself nearly 200k in interest, and maybe end up with a bit more cash. If you can rent it for a high amount, it might be worth doing that and you could possibly use that and get more money than what the interest is.   Just gotta weigh up your options, find out what you can get for the house if you rent or sell."}
{"_id": "302967", "title": "", "text": "On NASDAQ the ^ is used to denote other securities and / to denote warrents for the underlying company. Yahoo maybe using some other designators for same."}
{"_id": "302993", "title": "", "text": "If the check was payable to you, you had 60 days to deposit to an IRA.  But, it needs to go into the same type of IRA as the 401(k) was. i.e. if the 401(k) was traditional, it goes into a traditional IRA, If 401(k) Roth, it goes into a Roth.  The 20% is not the penalty. The penalty is 10% for early withdrawal. The 20% is the tax withholding. If the 401(k) had $1250, and they kept $250 for taxes, you'd want to deposit the full $1250 into the IRA. At tax time, you'll get the $250 credited to your taxes, and either owe less or get a higher refund."}
{"_id": "303001", "title": "", "text": "I agree that their tech incubator works great, but with so much extra cash, I can imagine how investors are frustrated with it just sitting there. If goog paid dividends the investore have the option to plough it back into the company to help fund r&amp;d, or to invest it elsewhere. As it stands, the only options that the investors have are to stay for the ride, or do the wall street walk.   Also, nice username. U wsb, bro?"}
{"_id": "303006", "title": "", "text": "The Interest rate of 3% and 7.5% is for funds held in regular savings account that are denominated in Rupee. Moving these funds back to US will require compliance with Indian Foreign Exchange Act. If you are not intending to move funds back to US, then this would be good move. However you would still need to pay tax in US on the interest generated as personal tax in US requires one to pay tax on income world wide. As also pointed out by others, there is a risk of FX Conversion. The other option is to hold funds in NRE or USD denominated acounts where funds can be moved back to US without any hassel and are held in USD. However the interest rate on these accounts is similar to what one would get in US, slightly better at best. So you need to figure out if you need the funds back in US, then I guess keeping it in US would be a good move. However if you do not need the funds back in US, then moving it to India would make sense."}
{"_id": "303011", "title": "", "text": "The car you dream of might not be available in your local used car market.  Or if it is, there might be something wrong with it. Here are some reasons that a person might want to buy a new car.  Basically, if you have a picture in your mind of what your next car should look like, it is easier to shop for a new car: New cars are getting better.  Here are some reasons that a person might want a newer generation car rather than an older generation car: Cars wear out.  Here are some reasons a person shopping for a car might pass on a used car: In other words, there are good reasons to want a car that is either brand new, exactly two years old, or 3 - 5 years old.  The brand new car might be better than the old car ever was."}
{"_id": "303025", "title": "", "text": "Don't buy from them. Fry's Electronics matches all online prices. Just tell a Fry's employee that you saw the cheaper price at Best Buy or on Best Buy's website and they will match it. I don't know why or how this is happening, but Best Buy has some really good deals right now that I used to get discounts at Fry's last week."}
{"_id": "303037", "title": "", "text": "Bonds by themselves aren't recession proof.  No investment is, and when a major crash (c.f. 2008) occurs, all investments will be to some extent at risk. However, bonds add a level of diversification to your investment portfolio that can make it much more stable even during downturns. Bonds do not move identically to the stock market, and so many times investing in bonds will be more profitable when the stock market is slumping.  Investing some of your investment funds in bonds is safer, because that diversification allows you to have some earnings from that portion of your investment when the market is going down. It also allows you to do something called rebalancing.  This is when you have target allocation proportions for your portfolio; say 60% stock 40% bond.  Then, periodically look at your actual portfolio proportions.  Say the market is way up - then your actual proportions might be 70% stock 30% bond.  You sell 10 percentage points of stocks, and buy 10 percentage points of bonds. This over time will be a successful strategy, because it tends to buy low and sell high. In addition to the value of diversification, some bonds will tend to be more stable (but earn less), in particular blue chip corporate bonds and government bonds from stable countries.  If you're willing to only earn a few percent annually on a portion of your portfolio, that part will likely not fall much during downturns - and in fact may grow as money flees to safer investments - which in turn is good for you. If you're particularly worried about your portfolio's value in the short term, such as if you're looking at retiring soon, a decent proportion should be in this kind of safer bond to ensure it doesn't lose too much value.   But of course this will slow your earnings, so if you're still far from retirement, you're better off leaving things in growth stocks and accepting the risk; odds are no matter who's in charge, there will be another crash or two of some size before you retire if you're in your 30s now. But when it's not crashing, the market earns you a pretty good return, and so it's worth the risk."}
{"_id": "303041", "title": "", "text": "\"Not specifically a \"\"stream\"\", but there are royalty companies that operate based on a similar concept. With a royalty, a party will pay upfront to a another party, usually a product manufacturer, oil & gas producer, or miner, and in return they will receive a percentage of the proceeds from the sale of the goods.  For example, Company A owns 100 sections of land which carry mineral rights and they would like to drill on the land to produce oil & gas. However, Company A does not have the capital to produce the resource. Company B, a royalty company, agrees to provide upfront capital to Company A in return for a royalty, sometimes fixed, sometimes sliding scale based on other factors. The royalty is calculated based on a percentage of the sales proceeds that Company A receives from the sale of their oil & gas production.  In this way, royalty companies act similarly to streaming companies, where they provide upfront capital and in return receive a cash flow stream that is dependant on another party's actions. What is different is that the selling price is not fixed. Instead, it is the % of proceeds that is fixed, at least in the short term.  In Canada, PrairieSky Royalty and Freehold Royalties do exactly this.\""}
{"_id": "303069", "title": "", "text": "i dont think hulu was a publisher created website. hulu started up and was aggressive in securing all those licenses and rights. now they are the one-stop shop.  edit: actually on the wikipedia, Hulu is a joint venture of nbc/fox/abc. my bad."}
{"_id": "303078", "title": "", "text": "\"After doing a little research, I was actually surprised to find many internet resources on this topic (including sites from Intuit) gave entirely incorrect information. The information that follows is quoted directly from IRS Publication 929, rules for dependents First, I will assume that you are not living on your own, and are claimed as a \"\"dependent\"\" on someone else's tax return (such as a parent or guardian). If you were an \"\"emancipated minor\"\", that would be a completely different question and I will ignore this less-common case. So, how much money can you make, as a minor who is someone else's dependent? Well, the most commonly quoted number is $6,300 - but despite this numbers popularity, this is not true. This is how much you can earn in wages from regular employment without filing your own tax return, but this does not apply to your scenario. Selling your products online as an independent game developer would generally be considered self-employment income, and according to the IRS: A dependent must also file a tax return if he or she: Had wages of $108.28 or more from a church or qualified church-controlled organization that is exempt from employer social   security and Medicare taxes, or Had net earnings from self-employment of at least $400. So, your first $400 in earnings triggers absolutely no requirement to file a tax return - blast away, and good luck! After that, you do not necessarily owe much in taxes, however you will need to file a tax return even if you owe $0, as this was self-employment income. If you had, for instance, a job at a grocery store, you could earn up to $6,300 without filing a return, because the store would be informing the IRS about your employment anyway - as well as deducting Medicare and Social Security payments, etc. How much tax will you pay as your income grows beyond $400? Based upon the IRS pages for Self-Employment Tax and Family Businesses, while you will not likely have to pay income tax until you make $6,300 in a year, you will still have to pay Social Security and Medicare taxes after the first $400. Roughly this should be right about 16% of your income, so if you make $6000 you'll owe just under $1000 (and be keeping the other $5000). If your income grows even more, you may want to learn about business expense deductions. This would allow you to pay for things like advertisement, software, a new computer for development purposes, etc, and deduct the expenses out of your income so you pay less in taxes. But don't worry - having such things to wonder about would mean you were raking in thousands of dollars, and that's an awfully good problem to have as a young entrepreneur! So, should you keep your games free or try to make some money? Well, first of all realize that $400 can be a lot harder to make when you are first starting in business than it probably sounds. Second, don't be afraid of making too much money! Tax filing software - even totally free versions - make filing taxes much, much easier, and at your income level you would still be keeping the vast majority of the money you earn even without taking advantage of special business deductions.  I'd recommend you not be a afraid of trying to make some money! I'd bet money it will help you learn a lot about game development, business, and finances, and will be a really valuable experience for you - whether you make money or not. Having made so much money you have to pay taxes is not something to be afraid of - it's just something adults like to complain about :) Good luck on your adventures, and you can always come back and ask questions about how to file taxes, what to do with any new found wealth, etc!\""}
{"_id": "303082", "title": "", "text": "\"I suppose I should update this with what I ended up using some of my HSA funds for... dental work! I'm in my mid-20's and it came time for my wisdom teeth to be removed. While my dental insurance covered the procedure, I had to pay out of pocket for the fancy \"\"conscious sedation\"\" ($325 to make me nice and relaxed, versus plain Novocaine and nervously holding my mouth open, while I get my teeth ripped out). Luckily, I had my HSA to cover it. Also, I may need braces... :\\ Most dental insurance won't cover the cost of orthodontics 100%, so that's another costly, common, and easily-overlooked expense a younger person may have that spare HSA funds can cover.\""}
{"_id": "303111", "title": "", "text": "Samsung is working on it. But I agree 100%.  Rim is working on clients for iPhone and Android. They can't get that shit out soon enough.  Also, this is why I firmly believe that RIM's best chance is to split their software and hardware devisions. Let each succeed on it's own merits and allow the 2 companies to focus properly on the product they produce."}
{"_id": "303112", "title": "", "text": "\"The answer to your question has to do with the an explanation of \"\"shares authorized, issued and outstanding.\"\" Companies, in their Articles of Incorporation, specify a maximum number of shares they are authorized to issue. For example purposes let's assume Facebook is authorized to issue 100 shares. Let's pretend they have actually issued 75 shares, but only 50 are outstanding (aka Float, i.e. freely trading stock in the market) and stock options total 25 shares. So if someone owns 1 share, what percentage of Facebook do they own? You might think 1/100, or 1%; you might think 1/75, or 1.3%; or you might think 1/50, or 2%.  2% is the answer, but only on a NON-diluted basis. So today someone who owns 1 share owns 2% of Facebook. Tomorrow Facebook announces they just issued 15 shares to Whatsapp to buy the company.  Now there are 65 shares outstanding and 90 issued. Now someone who owns 1 share of Facebook own only 1/65, or 1.5% (down from 2%)! P.S. \"\"Valuation\"\" can be thought of as the price of the stock at the time of the purchase announcement.\""}
{"_id": "303154", "title": "", "text": "\"A few points: The reason your lender is asking you to be above 580 is because that is the magic number for an FHA loan where your down payment would be only 3.5% (the US Government effectively subsidizes the rest of your down pmt). If you had a score lower than that (but still above 500), you will need to put 10% down which is still less than the typical 20% down pmt that many of us make. It's not that you can't get a loan with a score < 580. It's that you don't qualify for the \"\"maximum financing\"\" thru FHA. You should do some research and decide if you even want an FHA loan. And keep in mind, you will throw away some money every month towards PMI (mortgage insurance) if you do FHA. Many insist on 20% down pmt to avoid that. How exactly these two items will effect your score is another question. It's possible that having accounts added back as revolving accounts could negatively / not positively effect it. It will likely effect it in some way and I'm not 100% which way or if it would be very significant. You may want to dispute both of those items regardless if you can't afford anything but an FHA loan. If that's the case, then you may have nothing to lose. You might also want to shop around for mortgage lenders. And look for a \"\"portfolio lender.\"\" These type of lenders general have more flexibility in who they can lend to and the type of loans.\""}
{"_id": "303162", "title": "", "text": "Freezing the debt ceiling doesn't do, or say, a thing about prior borrowing--it simply says that they cant do any future borrowing and must live within our means. Using your example, they ran up the credit card and now have to divert income into paying it off (or at least down) which means they cant go buy anything new until they've done so."}
{"_id": "303177", "title": "", "text": "So I will attempt to answer the other half of the question since people have given good feedback on the mortgage costs of your various options. Assumptions:   It is certain that I am off on some (or all) of these assumptions, but they are still useful for drawing a comparison.   If you were to make your mortgage payment, then contribute whatever you have left over to savings, this is where you would be at the end of 30 years. Wait, so the 30 year mortgage has me contributing $40k less to savings over the life of the loan, but comes out with a $20k higher balance?  Yes, because of the way compounding interest works getting more money in there faster plays in your favor, but only as long as your savings venue is earning at a higher rate than the cost of the debt your are contrasting it with. If we were to drop the yield on your savings to 3%, then the 30yr would net you $264593, while the 15yr ends up with $283309 in the bank.  Similarly, if we were to increase the savings yield to 10% (not unheard of for a strong mutual fund), the 30yr nets $993418, while the 15yr comes out at $684448.  Yes in all cases, you pay more to the bank on a 30yr mortgage, but as long as you have a decent investment portfolio, and are making the associated contributions, your end savings come out ahead over the time period.  Which sounds like it is the more important item in your overall picture. However, just to reiterate, the key to making this work is that you have an investment portfolio that out performs the interest on the loan.  Rule of thumb is if the debt is costing you more than the investment will reliably earn, pay the debt off first.  In reality, you need your investments to out perform the interest on your debt + inflation to stay ahead overall.  Personally, I would be looking for at least an 8% annual return on your investments, and go with the 30 year option. DISCLAIMER: All investments involve risk and there is no guarantee of making any given earnings target."}
{"_id": "303186", "title": "", "text": "In One Up on Wall Street, Peter Lynch suggested that there are six major aspects to choosing growth stocks:"}
{"_id": "303191", "title": "", "text": "I can't see how. Portland raised their minimum wage by 50 cents a year ago ($9.25 to $9.50), which is probably not enough to drown any restaurants that aren't already in trouble. The plan for $15 minimum wage is a gradual increase over 5 years.   The next increase will come July 1st, as far as I can tell. That will be the one to watch."}
{"_id": "303193", "title": "", "text": "As littleadv suggested, you are mixing issues. If you have earned income and are able to deduct an IRA deposit, where those actual dollars came from is irrelevant.  The fact that you are taking proceeds from one transaction to deposit to the IRA is a booking entry on your side, but the IRS doesn't care. By the way, when you get that $1000 gain, the broker doesn't withhold tax, so if you take the entire $1000 and put it in the IRA, you owe $150 on one line, but save $250 elsewhere, and are still $100 to the positive on your tax return."}
{"_id": "303202", "title": "", "text": "how long have you been there?  what could be interesting - rough it out a bit more - possibly asking for more work, hopefully that will help - but let the relationships and working relationships build a bit more, then ask if you could possibly spend some time shadowing other people, or, under the title of 'learning' or 'gaining experience about the field' get yourself into different parts of the company, etc.  this could add to the learning, and to the possible enjoyment a lot.  also - why did u take this internship? are u perhaps interested in working in big finance later? then this might be something worth holding on for.  *edit- editing occurred"}
{"_id": "303225", "title": "", "text": "\"Aside from an annual fee, if any, the card issuer makes money 2 ways, the transaction fee, about 1.5%-2% charged to the merchant, and interest from you if you leave a balance month to month. Obviously, the bank has some cost in processing statements and maintaining your account. If up front you are saying you will not have any chance of providing a certain profit level, they may have no interest in your business. (As you updated.) Other card issuers (almost surely with fees) might. Put the cards on ice. A bag of water in freezer. Don't be so hasty that you ding your report this way. By trashing the history as well as utilization, you may impact your score enough to do some harm if you actually need credit in the near future. I know this is a game with the credit agencies, a \"\"how good a borrower am I\"\" game, but it can really impact your bottom line if you don't play along.  In reply to Michael's comment 1/5/15, if I have one card and am budgeted for $1000/mo in spending, in order to keep utilization down to less than 20%, I'd need a line of more than $5000. Even if I ignore utilization, my January spending is $1000, but the bill is cut on the 31st and not due till Feb 25th. So a line of nearly $2000 is required unless you wish to make mid cycle payments on an ongoing basis.\""}
{"_id": "303235", "title": "", "text": "\"116 MILLION people are in poverty in the EU, despite their massive welfare states. All the welfare states are bankrupt. They can't continue supporting their systems. They don't even have the excuse of a military industrial complex. Norway, which is not in the EU, is barely scraping by because of its \"\"oil fund,\"\" that is currently falling in value. Half the people in Norway are on welfare, and their tax revenues alone cannot sustain it.  http://www.cnbc.com/id/49564413   If this shit gets passed in the US, we're fucked for sure. Government ruins most things. Why is it so damn hard to just let the private sector run a competitive health care market? Obamacare has now been shown to cost us more for less coverage with health providers. Medicare and medicaid have escalated health care costs beyond control, and are bankrupting us. SS is a ponzi scheme ($30k in for $100k out).  You only have to look to government interventionism in student loans to see how well they manage money (indebted for life, and even after!). Not to mention running GSEs that fuck up the mortgage market. Hell, we can't even trust our government with keeping our liberties safe (NDAA, Patriot Act, secret kill list, INCREASED surveillance, and terrible fiscal and economic policy all under Obama (don't think Bush, Clinton, and many before didn't contribute either)). After knowing all this, why would you trust government to run health care? You honestly think its sustainable in the long run? I've just shown you that it's collapsing as we speak.  www.GaryJohnson2012.com - We can at least try to save the US\""}
{"_id": "303239", "title": "", "text": "Yeah that's what I'm looking for.  The problem, I run my business at a loss, I do it out of love for the topic.  Trying to get someone to work full time at 10$/hr and be competent is difficult. Like you said, I'm giving many of these duties to part time contractors."}
{"_id": "303240", "title": "", "text": "I've always understood inflation to be linked to individual currencies, although my only research into the subject was an intro economics course in undergrad and I don't recall seeing why that would be the case.  I guess the basic principle is that currency traders are watching the printing presses and trading in exchange markets to the point that the exchange rates fall in relation to increases in money supply. There's probably something about the carry trade in there as well, but it's late and I took some medications, so someone else will have to carry that torch. I must admit I've not really paid attention to foreign currencies like HKD, but the proximity and political relationship with China probably greatly complicates your question, since part of the problem has been China's currency peg."}
{"_id": "303246", "title": "", "text": "\"Nah. Fill it in on the line that says \"\"Other Income\"\" with type of \"\"5th Amendment\"\". There's lots of reasons why you might want to do this, and it's the government's job to find out which one, and they're not allowed to use the bare fact that you put 5th Amendment there to open an investigation.\""}
{"_id": "303255", "title": "", "text": "Enough. Please God enough. The 1% is not some omniscient group meeting in some lair somewhere. They don't all wear monocles and hang around to scheme and deal in back rooms. Enough. They are just people making $800,000 or more. Surgeons, financiers, lawyers, entrepreneurs, etc.   I understand this argument and its importance, and completely agree that something isn't right here, but Jesus Christ stop personifying the 1% as some sort of scheming group of evil masterminds bent on world destruction."}
{"_id": "303259", "title": "", "text": "&gt;Are you aware of how not environmentally friendly it is to make the batteries?  Yes, I am aware of exactly how lame this argument is, and the number of times I've had to listen to it.  Making anything in  a factory has consequences.  Li-ion batteries are no worse environmentally than several dozen other things that go into typical cars."}
{"_id": "303265", "title": "", "text": "We're transitioning over, and the transition team wants to make themselves look good by getting people over to the new computers. They want to blow a ton of money on new VMWare servers getting everyone on VM's because everyone's jobs are still on the old systems, because nothing has really been accomplished.  (these systems would only be in use until the transition happens, then trash?)  They can't just wait a month until things are ready.  Best of all, it may not even be possible because they haven't made a decision, they have until the 1st, and we may not have the manpower or time to even get it done."}
{"_id": "303287", "title": "", "text": "Where you earn your money makes no difference to the IRS.  Citizen/permanent resident means you pay income tax. To make matters worse given your situation it's virtually certain you have unreported foreign bank accounts--something that's also an important issue."}
{"_id": "303293", "title": "", "text": "There are a number of ways and it all depends on your concentration and range of skills (or skills you're willing to develop). As for involving your wife ... things that can be done locally for neighbours is always a good idea. The most important thing is not to spend too much time or cash on anything that will take a long time to pay off.  That excludes writing your own iPhone apps, for example, which would take long hours of development and much marketing (and luck) to be successful. Good luck and congrats."}
{"_id": "303306", "title": "", "text": "\"You're assigning more of a cause and effect relationship to commercials then they are intended to have.  Its less about \"\"see the commercial - buy the product\"\" then establishing brand awareness and mindshare.  Thats kind of marketing bullshit, but its proven to be true. If I were to ask you to name brands of soda's that first poped into your mind it would take a long time for you to get to something not produced by Coke or Pepsi, and thats going to influence your buying behavior.\""}
{"_id": "303325", "title": "", "text": "\"Volume is really only valuable when compared to some other volume, either from a historical value, or from some other stock.  The article you linked to doesn't provide specific numbers for you to evaluate whether volume is high or low. Many people simply look at the charts and use a gut feel for whether a day's volume is \"\"high\"\" or \"\"low\"\" in their estimation. Typically, if a day's volume is not significantly taller than the usual volume, you wouldn't call it high. The same goes for low volume. If you want a more quantitative approach, a simple approach would be to use the normal distribution statistics: Calculate the mean volume and the standard deviation. Anything outside of 1.5 to 2.0 standard deviations (either high or low) could be significant in your analysis. You'll need to pick your own numbers (1.5 or 2.0 are just numbers I pulled out of thin air.) It's hard to read anything specific into volume, since for every seller, there's a buyer, and each has their reasons for doing so. The article you link to has some good examples of using volume as a basis for strengthening conclusions drawn using other factors.\""}
{"_id": "303340", "title": "", "text": "You would require the services of a pipes service provider at the time of building your new house in addition to for maintenance of your old pipes installations. When you are constructing a new home, the amount of plumb job called for is as well through. You should go over the pipes demands with your main Miami FL plumber. One should have appointed plumbers in Miami FL for all the immediate pipes needs like laying primary pipes and fitting washroom components and so on, however, if you want to select a different pipes specialist, after that you could ask your building specialist to accept your decisions."}
{"_id": "303350", "title": "", "text": "It's basic financial responsibility.  If you can't afford the risk of something, either don't do it- or pay the consequences.  The risk of unsafe sex was children.  She couldn't afford that risk, much less two of them, so now she is paying for her actions.  She was a perfectly capable adult with the ability to make decisions and you think since she is in a crappy situation, it is somehow not her fault."}
{"_id": "303360", "title": "", "text": "\"Your assumption is wrong. Land is definitely mortgageable. On the other hand, it may be simpler and attract a lower interest rate if you just mortgage your existing house. (I believe most companies call this \"\"remortgaging\"\" even if you have no existing mortgage). Any loan will be subject to proof that you'll be able to pay it off, like any other mortgage. If the land itself is mortgaged you would need a deposit (i.e. the value of the mortgage would need to be less than the value of the land).\""}
{"_id": "303367", "title": "", "text": "\"There are three possibilities.  This is a scam, as others have pointed out, it works by you sending money, then them stopping the original transfer, meaning you sent them your money and not theirs. They make money cause a stop payment only costs $50 (or around there) but you sent $1,000. So they profit $950. You lose $1,000 and maybe some processing fees. This is money hiding, or money laundering. They send you $1,000 in drug money, you send them $1,000 in \"\"clean\"\" money. You don't lose any money. But they gain a clear paper trail. With large sums of money (in the U.S. anything over $5k) you have to prove a paper trail. They just did. You gifted it to them. On your end, it looks like you just profited from illegal activity, which in the worst case ends in confiscation of ALL your assets and jail time. It might not come to that, but it could.  This was an honest mistake, by an idiot. It is possible to wire a complete stranger money. If you make a mistake on the wire transfer forms, and the account number exists, it will go through.  Now what makes the sender an idiot is not the mistake. We all do that. It's the fact that banks have a built in system for handling these mistakes. Simply put, you can make a stop payment. It's around $50 (varies by bank and sometimes amount transferred), it's easy to do, and almost automatic. If you tell a bank rep that you made a mistake they will likely have you fill out a paper, and in many cases will \"\"just take care of it\"\". If \"\"the idiot\"\" didn't want to tell the bank of the mistake, or didn't ask for help, or didn't want to pay the fee. Then maybe they would contact the receiving party. But that's pretty dumb. Resolution The resolution in all cases is the same. Visit your local branch, or send in writing, an explanation: \"\"I found $1,000 in my bank account that I didn't put there, and got this email (see attached print out). Please advise.\"\" They will \"\"freeze\"\" the $1,000 (or maybe the account but I have never seen that) while they investigate.  You won't be able to spend it, they might even remove it pending the investigation. They will contact the bank that issued the transfer and attempt to sort things out. You shouldn't be charged anything. You also won't get to keep the money. Eventually the bank will send you a letter stating what happened with the investigation.  And the money will vanish from your account.  Specific questions I wanted to state the information above even though it doesn't address your concerns directly because it is important. To address your specific questions: Question 1) Surely bank account numbers have a checksum, which make it relatively difficult for a typo to result in a payment going to the wrong person? Nope, that's up to each bank. Usually the account numbers are not sequential, but there is no \"\"checksum\"\" either. Just like credit cards, there are rules, but once you know those rules you can generate fake ones all day long. In some cases, account numbers 5487-8954-7854 and 5487-8945-7854 are both valid. It happens.  Question 2) What are likely sources of them being able to find my phone number to call me? Phone numbers are not private. Not even close. Phone books, Google, Websites, etc etc. if you think your phone number is in any way a secret then your totally misinformed.  Account numbers are not a secret either. Especially bank account numbers. You could totally just call a bank, and say \"\"What is the name on account 12345?\"\" and they would tell you. Checks have your name and account number on them, as do MANY documents from a bank. So anything from asking the bank, to finding a copy of a check or document in the trash are valid ways to make the link.  Question 3) How were they expecting to benefit? See options 1 and 2 above. If is is really option 3, then your bank should have directed the money back. But if the person was so messed up as you say, the account may have been closed and \"\"written off\"\". When that happens a lot of weird stuff can happen. Essentially the bank is \"\"taking a loss\"\" of money and doesn't want the money back even if the account was closed with a negative balance. Usually though contract with debt collectors, they may have already been \"\"paid\"\" for that debt, and are not allowed to take the money back. These things happen, but it seems like a pretty odd set of things that need to line up for #3 to be valid. About your Length of time Usually these things resolve in less then 90 days. Usually far less. At the 90 day mark, it gets really hard to reverse a transaction. It's possible that it was a scam and so many people fell for it that the scammers just let you keep the money instead of \"\"highlighting\"\" their scam.  The fact that your using a \"\"net bank\"\" means that your can't go in person, but you should get details in writing. State the transaction number (it should be in your account records) and ask them for a \"\"letter of resolution\"\" or some form of official document stating the outcome of their investigation. I suspect that no one every really investigated the issue and the rep you spoke to never did anything then ask you to ask them to fill out a stop payment. You need a record of trying to sort this out. You don't want to up for some legal battle 10 years from now because someone found out that the money was part of a pool that was used to fund some terrorist group or some such. So get a paper trail, then go with what the bank says.\""}
{"_id": "303381", "title": "", "text": "In what world is this new information? and... why does anyone care?  Am I missing something here or is this article totally useless? The upper 1% of wage earners would have to make significantly more than $100k or else I would be able to buy a week's groceries for a dollar fifty and the cashier would make $0.10 an hour..."}
{"_id": "303382", "title": "", "text": "I just went through this and life insurance money generally does not go into Probate. However, since there was no beneficiary, you will have to ask the probate court. I would advise you not to spend any of the money yet. Make a meeting with the probate court in the county where they lived. You will need the death certificate and the will. If you do not have a will, the estate generally does not need to go into probate. But if it does, then they will definitely let you know what to do with the insurance money. Just make sure you use the estate accounts to pay off all of his debts before you distribute the left over money. The entire process should take an absolute minimum of 6 months."}
{"_id": "303411", "title": "", "text": "\"Depends on the State. In California, for example, you pay a franchise tax of $800 every year just for having LLC, and in addition to that - income tax on gross revenue. But in other States (like Wyoming, for example) there's no taxes at all, only registration fees (which may still amount to ~$100-300 a year). IRS doesn't care about LLC's at all (unless you chose to treat is as a corporation). You need to understand that in the US we have the \"\"Federal Government\"\" (IRS is part of that) and the \"\"State Government\"\" that deals with business entities, in each of the 50 States. Since you're talking about Italy, and not EU, you should similarly be talking about the relevant State, and not US.\""}
{"_id": "303416", "title": "", "text": "In general, Roth IRAs, are associated with the individual.  Unlike 401(k)s for which the business holds the retirement account in the name of the individual.  So, although the company may have helped you set up the Roth it is in your name and you can continue to contribute to it.  Wikipedia has some helpful information here. It should be noted, however, that sometimes businesses set up special deals with retirement service companies or brokers that hold Roth IRAs so you should check with the particular company/broker that holds your Roth."}
{"_id": "303418", "title": "", "text": "\"Y'know, this was on the TV this morning and they made it sound like Mac users were being charged more *for the same hotel.* As the story continued, it was becoming clear that that was not the case.   TV: \"\"*Mac users charged more!*   ...for hotels that cost more!\"\"   Me: &amp;#3232;\\_&amp;#3232;\""}
{"_id": "303426", "title": "", "text": "If you like financial planning the CFP not the CFA will be your cup of tea. Screw books though. If you are really that interested just walk into an office like Schwab or Edward Jones or fidelity and start asking questions. They are usually happy to talk to new comers. Also if you are female you already have a leg up in the industry. Sad but true."}
{"_id": "303432", "title": "", "text": "\"As soon as you specify FDIC you immediately eliminate what most people would call investing. The word you use in the title \"\"Parking\"\" is really appropriate. You want to preserve the value. Therefore bank or credit union deposits into either a high yield account or a Certificate of Deposit are the way to go. Because you are not planning on a lot of transactions you should also look at some of the online only banks, of course only those with FDIC coverage. The money may need to be available over the next 2-5 years to cover   college tuition If needing it for college tuition is a high probability you could consider putting some of the money in your state's 529 plan. Many states give you a tax deduction for contributions. You need to check how much is the maximum you can contribute in a year. There may be a maximum for your state. Also gift tax provisions have to be considered. You will also want to understand what is the amount you will need to cover tuition and other eligible expenses. There is a big difference between living at home and going to a state school, and going out of state. The good news is that if you have gains and you use the money for permissible expenses, the gains are tax free. Most states have a plan that becomes more conservative as the child gets closer to college, therefore the chance of losses will be low. The plan is trying to avoid having a large drop in value just a the kid hits their late teens, exactly what you are looking for.\""}
{"_id": "303442", "title": "", "text": "\"I feel sorry for these people who may lose their benefits, but it's not like they didn't know the risk in linking their life insurance and long term benefits to the company's success. Of course it's a huge risk. And it seems like a lot of these people already got more from Sears back in the day than anyone gets now at most workplaces - one guy said that he made enough for his wife not to work and to send two kids to college. Why didn't he put any of that into his own retirement funds? Another guy said he made tons of money and even that his job made him feel \"\"like God\"\". Wow.  Corporations are not your family. Treating them like they are is a quick road to disaster.\""}
{"_id": "303448", "title": "", "text": "buy above the current price in the stock market You can do that, but what is the purpose to do so ? Brokers take the limit price of your order as the highest price you are going to pay. So if an order can be fulfilled below the limit they will do so.  can I sell below the current price  You can put in a order to do so. But what I have seen with my current broker is that the order never reached the market and wasn't executed at all. The broker might have some safeguards or process in place to stop me from doing so. Not sure how other brokers deal with it."}
{"_id": "303450", "title": "", "text": "This isn't true always. And it's about timing scenario more than a hard line goal.   Companies are supposed to be greedy. They need reserves.  But citizens must also recognize it's the the job of a Company to pay them. Their job is to create value."}
{"_id": "303489", "title": "", "text": "You should double-check what it means to be in [Chapter 11](http://en.wikipedia.org/wiki/Chapter_11,_Title_11,_United_States_Code)  Yes, by filing for bankruptcy, the company gets some protection from creditors and some of their investment dries up, but it's the owners who take it on the nose first.  Also, individuals can file for Chapter 11, too.  It's not just corporations."}
{"_id": "303496", "title": "", "text": "\"People joke about how \"\"Denver / Colorado is full\"\" in some sort of tongue-in-cheek way of saying no one should move here anymore.      The unfortunate reality is that it's not a joke anymore. We're talking townhouses in Littleton, a not-that-amazing suburb of Denver, still 25 minutes from downtown ... being listed for $900k. Other examples? Broken down houses in extremely ghetto neighborhoods being listed for $400k. We're talking cars up on cinder blocks in the street. Gang bangers rolling down the street with bass shaking all the houses, down to their falling-apart rented place 5 doors down the street.      Denver has gotten WAY over hyped. It's not some major coastal hub, an international destination, with a huge vibrant international community flowing through it. Like NYC or SF. It's a generic middle-of-the-country city with a few breweries.      Denver is ripe for a major pull back. The prices are not sustainable. And because it has boomed so hard in the last 5 years while the rest of the middle of the country stayed more moderate ... the pull back in Denver is gonna be harsh.\""}
{"_id": "303501", "title": "", "text": "The definition of market cap is exactly shares oustanding * share price, so something is wrong here. It seems that the share price is expressed in pence rather pounds. There's a note at the bottom: Currency in GBp. Note the 'p' rather than 'P'. So the share price of '544' is actually 544p, i.e. \u00a35.44. However it's not really clear just from the annotations which figures are in pence and which are actually in pounds. It seems that the market cap is in pounds but the enterprise value is in pence, given that 4.37 billion is about the right value in pounds whereas 441 billion only really makes sense if expressed in pence. It looks like they actually got the enterprise value wrong by a factor of 100. Perhaps their calculation treated the share price as being denominated in pounds rather than pence."}
{"_id": "303509", "title": "", "text": "\"Complex matter that doesn't boil down to a formula.   The quant aspect could be assessed by calculating WACCs under various funding scenarii and trying to minimize, but it is just one dimension of it.  The quali aspects can vary widely depending on the company, ownership structure, tax environment and business needs and it really can't be covered even superficially in a reddit comment...  Few examples from the top of my mind to give you a sense of it:  - shareholders might be able to issue equity but want to avoid dilution, so debt is preferred in the end despite cost. Or convertible debt under the right scenario.  - company has recurring funding needs and thinks that establishing a status on debt market is worth paying a premium to ensure they can \"\"tap\"\" it whenever hey need to.  - adding debt is a way to leverage and enhance ROI/IRR for certain types of stakeholders (think LBOs)  - etc etc etc  Takes time and a lot of experience/work to be able to figure out what's best and there isn't always a clear answer.  Source: pro buy side credit investor with experience and sizeable AuMs.\""}
{"_id": "303525", "title": "", "text": "Have you shopped around?  I would agree that the fees seem high.   The first question I would ask if if the .75% management fee is per year or per month?  If it is per month, you will almost certainly lose money each year.   A quick search shows that Fidelity will allow one to transfer their pensions into a self directed account.  Here in the US, where we have 401Ks, it is almost always better to transfer them into something self directed once you leave an employer.  Fidelity makes it really easy, and I always recommend them.  (No affiliation.) Here in the US they actually pay you for you transferring money into your account.  This can come in the form of free stock trades or money added to your account. I would encourage you to give them or their competitors a look in order to make an informed decision.  Often times, a person with lowish balances, can't really afford to pay those high management fees.  You might need in the 10s of millions before something like that makes sense."}
{"_id": "303529", "title": "", "text": "The idea is great, but the quality of the product, if the wallet and tie  are anything to go by, was shit.  Sounds like they just rode a meme wave and sold a crappy product with the latest craze printed on it. Plenty of sites do that."}
{"_id": "303535", "title": "", "text": "\u201cThe level of integration in these vehicles is on par with any of our production vehicles, and that is a great advantage. In fact, no other company today has the unique and necessary combination of technology, engineering and manufacturing ability to build autonomous vehicles at scale,\u201d Barra added."}
{"_id": "303547", "title": "", "text": "While the ISP capping is a crippling factor for some people, it's not really one of the main issues that streaming games would run into. You can't stream a game *and* process the graphics on the same device, so a subscription service would have to do the processing on their end just like Onlive. At the end of the day though, people don't want to have to rely on a constant internet connection in order to play (singleplayer) games. Just look at the backlash that companies have gotten literally every single time they've tried to implement an always-online DRM."}
{"_id": "303557", "title": "", "text": "The math is pretty simple.  You can spend less overall if you pay points.  Things to remember are:"}
{"_id": "303561", "title": "", "text": "An ideal investment for a highly risk tolerant college grad with a background in software and programming, is a software company. That's because it's the kind of investment that you will be able to judge better than most other people, including yours truly. Hopefully, one day the software company for a highly risk tolerant investor will be your own.(Ask Bill Gates or even Michael Dell, although the latter was more involved in hardware.)"}
{"_id": "303602", "title": "", "text": "You could open an HSA with a company like Vanguard or Fidelity that offers lower fees and roll the money there if you want to avoid the $3.50/month. The chances of you going until retirement without opportunities to spend down the money in that account on medical expenses seems rather low."}
{"_id": "303613", "title": "", "text": "MBA here. I had a relatively well-paying job with great benefits and tuition reimbursement. I ended up leaving it for a much lower-paying job though.  Why did I do that? I was miserable. The job was to do only as I was told. Also, they changed my project scope to something completely different after 4 months. I also was in a terrible city with no friends. I hated my job and eventually I hated my life.  I've since moved back to where I went to college.  I hate that business publications talk about MBA's like we're all mindless robots looking for the highest paycheck at Goldman Sachs. I'll gladly take friends, a better location, and a comfortable salary over anything else."}
{"_id": "303615", "title": "", "text": "Home removals is a very difficult job to carry out. Whether you require to carry out a small home removal or a very big house, it requires proper planning and an immaculate implementation to be able to move all your home items. There are many companies providing home removals in Edinburgh. However, you should also make a plan for this on your own along with the professionals carrying out the job of home removals in Edinburgh."}
{"_id": "303619", "title": "", "text": "That's not how a ponzi scheme works. You've just described a totally benign transaction involving shares of a sham company. Plenty of people traded Enron shares before it collapsed, that doesn't mean they were complicit or involved in a Ponzi scheme or fraud.  Here is the wikipedia page for Ponzi Scheme A ponzi scheme is when I give funds to Fund Manager A because he has a good history of strong returns.  Fund Manager A does something with the money I give him, but his financial statements don't represent his true activity or returns.  He maintains his strong returns and Investor B shows up to invest also.  At some point I want my money back for whatever reason.  Since the returns have all been a sham, I'm paid out with the funds that Investor B sent in based on totally fabricated returns."}
{"_id": "303621", "title": "", "text": "Depends on the online service, of course, but for example H&R Block at Home was fine for me last year.  No problems at all. If anything, it may be better to file them online with a reputable service because they can update things immediately (no downloading updates required) if tax laws change, as they can."}
{"_id": "303633", "title": "", "text": "Well typically you're borrowing a shit ton of money for 30 years so yeah you're paying a lot in interest over that period.   But your situation sounds especially bad, that's over a 10% constant assuming 80% LTV. What are you being quoted, like &gt;9% interest?"}
{"_id": "303639", "title": "", "text": "For me, I factor in a couple of things. First of all, there are occasional opportunities for me to get more money at work, that happen infrequently. If I'm in one of those periods, I pretty much value my time at my salary, as far as doing something that I'm not great at or enjoy. I also am more likely to buy food to fill me up, park in a parking garage instead of walking 15 minutes to park for free, etc.  But, when I don't have extra incentives, I tend to think more of my budget, and think about things from there. I might spend 4 hours to fix my microwave, when it might come down to only saving $50-$100, even though my time from work would seem more valuable."}
{"_id": "303649", "title": "", "text": "Log in to your Scottrade account, and goto Markets --> Analyst Views --> Click the PDF link for the company.  Also, there is also the 'Views and News' part of the web page which has additional information beyond what exist in the reports."}
{"_id": "303659", "title": "", "text": "The short answer is yes, electrical vehicles make logistical sense. The batteries aren't quite where they should be to really push the market, but the lifecycles are high enough, and the batteries themselves can be recycled.   There are two major advantages that electric has over oil. The first is that electricity is abundant and can come from many sources. This means that a car can be running on power from coal, wind, solar, hydro-electric, or any other source of electricity. This also means that the cost per mile driven is generally lower than the cost of a gas driven car.   Another big advantage is the national security it offers. If electric were to really enter the consumer market in a big way, the dependency on countries in the Middle East and Africa would be lessened. It would also ease some of the competition between nations like China and the United States over natural resources.   Of course their are problems with electric cars as well, and they aren't even close to replacing gas for use in heavy machinery."}
{"_id": "303680", "title": "", "text": "Designed for both centralized and distributed development teams, SCM Anywhere Standalone, SQL Server-based software configuration management (SCM) software, helps development teams deliver software products faster and promotes team collaboration through centralized control of source code files, team activities, work item status and bug reports."}
{"_id": "303685", "title": "", "text": "You could talk to them, but (assuming you're in the U.S.), it's highly doubtful any bank would honor a check from 26 years ago.  Most checks in the U.S. are only valid for 180 days, mainly to help companies and banks keep accounting simple. I would suggest talking to your late husband's former employer.  Explain the situation and ask if they'd be willing to research it and perhaps honor his memory and contribution to their company by issuing a new check.  They might do it as a gesture of good will. Are they legally bound to do this?  To my knowledge, the answer is no.  The check was issued and never cashed, which is not all that unusual for companies in business for a long time.  A good example of this would be rebate checks, which (you'd be surprised) quite frequently end up in a drawer and forgotten about.  There has to be some closure for the issuing company in its accounting, else they'd have money in their bank accounts that doesn't properly show in their ledgers. This is an interesting question, though.  I hope others will reply, and perhaps they have a more informed take than me.  I'm going to upvote it simply because I'd like to see this discussion continue. Good luck!"}
{"_id": "303710", "title": "", "text": "You want percent change between the two numbers listed under whatever heading you'll be using in the CPI. As an example, you'd probably want to use the All Items heading listed here on Page 4 of the August 2016 CPI tables as 240.853, and from August 2015 was listed as 238.316.  Percent change is  So 1.06% inflation from August 2015 to August 2016."}
{"_id": "303713", "title": "", "text": "Three reasons I prefer not to use direct debit:"}
{"_id": "303715", "title": "", "text": "Thank you for a great answer! Yes, I was thinking the government could spend money on building projects and such. Is it possible for a third party to invest in a building project in Greece to help the economy? Ie, if someone financed building a great roman theater. This would create jobs and through the multiplier effect, increase the collective demand for goods and services. Also, that kind of project could give Greece new tourism."}
{"_id": "303718", "title": "", "text": "I have several as well, (acquired the same way as you) and I am happy with the idea.  They are very stable and that is the reason they pay so little.  I don't think you can get a low risk and medium (or high) return.  The interest does reset every six months so you do get a bit of the market, should the fed set interest rates higher, you bonds will eventually reflect that. Bonds and Certificates of Deposit are just one element of your investment portfolio.  Put the money you can't lose into bonds, the money you can into higher risk stocks. Bonds are great from our grandparent's perspective because they are NOT going to lose value. (My grandparents were depression era folks who wanted that stability)  They are trivial to give as gifts.  Most other investment forms require a heavy bit more of legal work I would think."}
{"_id": "303720", "title": "", "text": "\"&gt;most tax incentives are not a literal, real-time transfer of money from the tax payers to the corporations.  But they ARE in fact exactly that, they are just not DIRECT transfers.  &gt;I have had quite a few discussions with people about this and some folks think that their tax dollars are literally being transferred form their paycheck withholdings to a company's bank account and that is not exactly true.  No, it is not *technically* true -- but in the end, it IS ultimately more true than you are attempting to characterize it.  If someone scatters poison onto ground, grows plants that they know will take up that toxin, feeds the resulting grain to a chicken, and then serves the chicken to his guests, he is not DIRECTLY poisoning his guests... but in fact he still is poisoning them.  ---  Go reread Bastiat (or Hazlitt) on the \"\"Seen versus the Unseen\"\".\""}
{"_id": "303724", "title": "", "text": "\"In my view, it's better to sell when there's a reason to sell, rather than to cap your gains at 8%. I'm assuming you have no such criteria on the other side - i.e. hold your losses down to 8%. That's because what matters is how much you make overall in your portfolio, not how much you make per trade. Example: if you own three stocks, equal amounts - and two go up 20% but one falls 20%. If you sell your gains at 8%, and hold the loser, you have net LOST money. So when do you actually sell? You might say a \"\"fall of 10%\"\" from the last high is good enough to sell. This is called a \"\"trailing\"\" stop, which means if a stock goes from 100 to 120, I'll still hold and sell if it retraces to 108. Needless to say if it had gone from 100 to 90, I would still be out. The idea is to ride the trend for as long as you can, because trends are strong. And keep your trailing stops wide enough for it to absorb natural jiggles, because you may get stopped out of a stock that falls 4% but eventually goes up 200%. Or sell under other conditions: if the earnings show a distinct drop, or the sector falls out of favor.  Whenever you decide to sell, also consider what it would take for you to buy the stock back - increased earnings, strong prices, a product release, whatever. Because getting out might seem like a good thing, but it's just as important to not think of it as saying a stock is crappy - it might just be that you had enough of one ride. That doesn't mean you can't come back for another one.\""}
{"_id": "303744", "title": "", "text": "Ideal for the distributed enterprise, our seamless Multiprotocol Label Switching (MPLS) network transcends individual technologies to help increase overall company   productivity and improve business efficiencies. Customers use their secure networks to run business-critical applications to gain better visibility across their   organizations, improve operational efficiency, help build customer loyalty, and adapt more quickly."}
{"_id": "303754", "title": "", "text": "If anyone could reliably pick winners, they could make more money by investing in those winners than by selling their advice. Generally, when someone sends you unsolicited hype about stocks, that's because they're trying to pump the price up so they can dump their own shares before it collapses again. Also note that, these days, it's remarkably easy to run the scam where you sell half your customers buy advice and the other half sell advice on the same stock. Each time, some of the customers drop out in disgust (half, minus whoever decides to give you another chance) and the rest pay you for the next iteration. You can make a lot of money before you run out of suckers. That, all by itself, is good reason to be skeptical about anyone who doesn't publish their full history so it can be audited for such shenanigans."}
{"_id": "303756", "title": "", "text": "\"Doing fine != creating more jobs  edit:4 million in the past two years isn't really enough to say that we are making any real progress on the millions out of work. Also wages are declining as they seek to cut costs which is a major problem as well. They way you define \"\"fine\"\" is very relative.\""}
{"_id": "303766", "title": "", "text": "I know some of the large banks have small regional offices in Calgary for Oil &amp; Gas IBD.  I'm American but from what I gather it's pretty tough to get into, so you'd need a top school for finance and network your butt off.    Outside of that, you'll need to cold-email, cold-call, and try to get your foot in the door any way possible.  [Send out hundreds of emails](https://www.mergersandinquisitions.com/investment-banking-email-template/) and follow up with the 5% that respond.    Read [this](https://www.mergersandinquisitions.com/investment-banking-canada/), [this](https://www.mergersandinquisitions.com/investment-banking-calgary/), [this](https://www.mergersandinquisitions.com/investment-banking-vancouver-korea/), and [this](https://www.mergersandinquisitions.com/commodities-banking-western-canada/) to get started."}
{"_id": "303795", "title": "", "text": "Let's say you owe $200K (since you didn't mention balance. If you do, I'd edit my response), and can get 4.5%. You'd save 1.5% or about $3K/yr the first few years. If a $12K paydown is all that's between you and and refi I'd figure out a way.  There are banks that are offering refi's under the HARP program if your current mortgage is owned by FNMA or FMAC which permit even if under water. So, the first step is research to see if you can refi exactly what's owed, failing that, shop around. A 401(k) loan will not appear as a loan on your credit report, that may be one way to raise the $12K. The best thing you can do is put all the savings into the 401(k) to really get it going."}
{"_id": "303806", "title": "", "text": "&gt; Could you discuss why the lack of restrictions on these subjects would make hedge funds more attractive to wealthy investors as opposed to mutual funds?  Well just think about it this way.   You have two soccer players. They both know the game extremely well, they both have similar styles of plan, and similar strategies. They're *very* good players.   Now, you change the rules for one of the players. He has to wear a 20 pound weight vest on him at all times, and can only kick the ball with his right foot when shooting, but his left when passing.   Who do you think would win in a one v. one?  ________________________________________________  Mutual funds are offered to the *general public* (most of them, anyways), which works under certain assumptions about possible investors. While investments with these funds are still considered risky, the restrictions placed on mutual funds are designed to promote safety of principle. For instance, mutual funds are restricted in short selling and trading on margin. Mutual funds must also clearly state what securities they're going to get into, what strategy they'll follow, etc., and deviations from this can get them into trouble.  Hedge funds have no such restrictions. Therefore, they can pursue any type of investment they want. Hedge funds have invested or tried to invest in everything from stocks to private equity to bitcoin to art to rare violins to property to contracts to get boats to and from the statue of liberty to water rights to lawsuit settlements to....   This relative freedom gives them MUCH more flexibility, and thus they can earn above-average returns. These lack of restrictions also makes them MUCH riskier, and additionally the way they're legally set up means only a specific type of investor, called an *accredited investor* in the U.S., can invest.   What does it take to be an accredited investor? Basically, either be rich in income $200k a year if single, $300k if married), or be rich in wealth (net worth of $1MM, not counting primary house)."}
{"_id": "303810", "title": "", "text": "The check is written to BigCo. Jack is being diluted, corporation issues more shares. There's no gain, no change in Jack's equity value. Jack didn't lose or win anything. BigCo was worth $1M before the additional money, it is worth $1.25M after the additional money, with Jack owning the same $1M, but the cake is now bigger (obviously the numbers are wrong in your example, but you get the point)."}
{"_id": "303820", "title": "", "text": "The ECB has put up about 400BEuro from EU countries. They are borrowing the money at an interests from other EU countries and then lend it to Spain with an interest. Same way the FEd is borrowing money from tax payers for yet another stimulus, QE3."}
{"_id": "303847", "title": "", "text": "If you are looking to buy earthmoving and construction equipment then you need to select the right manufacturer. Go for a company that puts emphasis on quality, has a range of products, holds experience, provides other related services and is reliable."}
{"_id": "303851", "title": "", "text": "\"Exactly it. I declared bankruptcy over 7 years ago. I was in a bad situation - I was laid off, the jobs in Salt Lake dried up after the Olympics, everything was in the crapper.  I found new work - in California. Went off and lived there alone for six months while my wife and children stayed behind. We used all of our savings keeping up on the mortgage, paying bills - and living like paupers. Once my wife came down, we knew we couldn't afford a place in CA *and* our home, so we rented it out.  To people who didn't pay their rent for six months, and we were so far away we couldn't just fly back to make it happen. And my wife was pregnant this whole time.  Finally, because of my wife, we gave in. And I felt awful. I had failed my family, I had failed my wife - and I felt like I had failed myself. I remember being so ashamed I told *no one* for almost 6 years.  Until I found out I wasn't the only one. Until I had close friends tell me of their troubles. I hadn't been overly irresponsible, I hadn't been buying up big TVs and junk. I was just trying to make a living, did good work - and just got caught up in bad luck.  But the shame didn't go away. And it's only now, when I know more, when I see companies declare bankruptcy, or very wealthy people do so, that I realize that yeah - I have to take care of my shit, and I do everything I can for that. But at the same time, if bad stuff happens, I shouldn't spend my life beating up on myself because I had \"\"shit happen.\"\"   Shit happens. Everybody should have a second chance to try again. Learn from the mistakes you made, plan better if you can, and realize that the best laid plans of might and men oft go awry. Try again, and hopefully it'll work out better next time.\""}
{"_id": "303878", "title": "", "text": "Focus on the economics of it.  If you have a contract do deliver energy at some price P in the future, and you know your current operating margins. If your job is to hedge, you want to lock in your profits and let the market go whereever it goes.  Basically, the goal of hedging in these markets is to lock in your operating margins by creating a spread between your production, the market and the consumer's prices."}
{"_id": "303929", "title": "", "text": "Minors are generally not given much weight when hiring. They are usually viewed more as personal interests than a credential that could get you employed. Shoot for the double major unless you are genuinely intrigued and solely motivated by that."}
{"_id": "303931", "title": "", "text": "Silvrback is an alternative blogging platform offering a simple but impactful blog posting option. With simple features to start with Silvrback cuts the jargon and distractions so that you can focus on your real work. The platform is easy to use, ads free, secure and provides complete freedom as far as creating the content goes. With best minimalistic features Silvrback simplifies your blogging and posting needs."}
{"_id": "303944", "title": "", "text": "While we're not supposed to make direct recommendations, and I am in no way advising anything, USO an ETF that buys light sweet crude oil futures with the intention of mirroring the price movements of oil."}
{"_id": "303964", "title": "", "text": "\"Yes, I realize at least some of that was based on reality. You followed the rules of mathematics too which was a nice touch. What were you supposed to be demonstrating exactly though?  &gt; If you can't see the disparity issue  I don't understand; my question was: \"\"when's it gonna be fair?\"\". Did you mean to imply or assume it will only be fair if everyone has an identical amount of assets?\""}
{"_id": "303977", "title": "", "text": "&gt;  Current fiat currency has a way to enforce itself if trust is lost. Bitcoin does not.  Right.  I'm saying it doesn't need to have to enforce trust to succeed.  It just needs to be trustworthy.  Trust that is voluntarily given is real trust, trust that is taken or forced is just compliance.  Bitcoin survives and thrives completely on the former.   The fact that fiat requires military enforcement to remain relevant is a glaring sign of it's inherent problems."}
{"_id": "303978", "title": "", "text": "\"&gt;they do not really TRY to disprove that dogmatic assumption.  A true economist or economic academician is searching for facts, the truth, the reality of a situation. Your claim is completely arbitrary and unsubstantiated.   &gt; Yup, and that \"\"confirmation\"\" was the entire goal of the project... it is entirely unsurprising that they managed to achieve it.  If you're going to make an assertion, at least attempt to back it up. I've tried to do that with everything that I have claimed in this thread.\""}
{"_id": "303982", "title": "", "text": "In Canada this will have next to or very little impact. Whole Foods is generally more expensive than the major grocery retailers in Canada. Walmart in Canada competes mainly with [Sobeys] (http://www.sobeys.com/), [Loblaws](https://www.loblaws.ca/), [Metro](https://www.metro.ca/). we have some Whole Foods stores but not enough to compete against the larger retail chains. We also have the generic brand grocery retailers that are a subdivision of the larger more expensive chains like the ones mentioned above.   * [NoFrills](https://www.nofrills.ca/) * [Freshco](http://freshco.com/) * [Food Basics](https://www.foodbasics.ca/flyer.en.html) * [Price Chopper](http://ontario.pricechopper.ca/)  Maybe in terms of services that charge for home grocery delivery this might have a larger impact.   * [Grocery Gateway](https://www.grocerygateway.com/) * [Longo's](http://www.longos.com/)"}
{"_id": "303991", "title": "", "text": "\"Bravo!!! Too bad if a few big, slow, ancient fund managers, who can barely anticipate what day it is, much less when to make a move, can't keep up, wahhh. They have had enough cake. The world will be a VERY different place financially in 20 years and that's life. Look, it's all pretty simple and it works like this: When stocks are UP, buy real estate (NOW). When real estate is UP, buy stock (this is what you do next). Anyone who says different is probably still using credit.  \"\"Everyday I'm hustlin\"\" -R. Ross\""}
{"_id": "303997", "title": "", "text": "So now that you realize you are wrong your response is stop crying? I'm sorry I don't like to see my fellow man being stolen from. Also as a 1099 worker you are still subject to income tax and jail time if not paid. That's the part of this you don't fucking get. If I don't give the government my money I get kidnapped and thrown into a fucking cage."}
{"_id": "304006", "title": "", "text": "You said: Use a credit card (to get my 3% Cash back) to withdraw cash ... Then you said: Is there any way to do this without paying a cash advance fee (or any fees in general)? Right there you have stated the inconsistency.  Withdrawing cash using a credit card is a cash advance.  You may or may not be charged a fee for doing the cash advance, but no credit card will offer you cash back on a cash advance, so you can't earn your 3% by using cash advances. As others have mentioned, you can sometimes get close by using the card to purchase things that are almost like cash, such as gift cards.  But you have to make a purchase."}
{"_id": "304007", "title": "", "text": "\"The danger to your savings depends on how much sovereign debt your bank is holding.  If the government defaults then the bank - if it is holding a lot of sovereign debt - could be short funds and not able to meet its obligations. I believe default is the best option for the Euro long term but it will be painful in the short term.  Yes, historically governments have shut down banks to prevent people from withdrawing their money in times of crisis.  See Argentina circa 2001 or US during Great Depression.  The government prevented people from withdrawing their money and people could do nothing while their money rapidly lost value. (See the emergency banking act where Title I, Section 4 authorizes the US president:\"\"To make it illegal for a bank to do business during a national emergency (per section 2) without the approval of the President.\"\"  FDR declared a banking holiday four days before the act was approved by Congress.  This documentary on the crisis in Argentina follows a woman as she tries to withdraw her savings from her bank but the government has prevented her from withdrawing her money.) If the printing press is chosen to avoid default then this will allow banks and governments to meet their obligations.  This, however, comes at the cost of a seriously debased euro (i.e. higher prices).  The euro could then soon become a hot potato as everyone tries to get rid of them before the ECB prints more.  The US dollar could meet the same fate. What can you do to avert these risks?  Yes, you could exchange into another currency.  Unfortunately the printing presses of most of the major central banks today are in overdrive.  This may preserve your savings temporarily. I would purchase some gold or silver coins and keep them in your possession.  This isolates you from the banking system and gold and silver have value anywhere you go.  The coins are also portable in case things really start to get interesting.  Attempt to purchase the coins with cash so there is no record of the purchase.  This may not be possible.\""}
{"_id": "304009", "title": "", "text": "credit cards are almost never closed for inactivity. i have had dozens of cards innactive for years on end, and only one was ever closed on me for inactivity. i would bet a single 1$ transaction per calendar year would keep all your cards open.  as such, you could forget automating the process and just spend 20 minutes a year making manual 1$ payments (e.g. to your isp, utility company, google play, etc.).  alternatively, many charities will let you set up an automatic monthly donation for any amount (e.g. 1$ to wikipedia). or perhaps you could treat yourself to an mp3 once a month (arguably a charitable donation in the age of file sharing). side note: i use both of these strategies to get the 12 debit card transactions per month required by my kasasa checking account."}
{"_id": "304011", "title": "", "text": "Absolute shit negotiating skills from the guy that thinks he can start a business too. I can get being a cash strapped start-up, but he could have at least countered with a mix of cash and equity. Exposure is bullshit. If the idea is good enough someone will take a cash/equity mix or even all equity"}
{"_id": "304012", "title": "", "text": "Not sure why this is being downvoted, SSRS, CR, or really any of the major reporting scenarios are designed for these types of calculations. Not only that but using them would enable one to just update the data/change the parameters to match the right date range and not have to spend hours doing repetitive calculations.  Edit: yeah Access is basically GUI-SQL but depending on who will see this data (i.e OP's boss) you'll want it all prettied up."}
{"_id": "304017", "title": "", "text": "I carefully file them in my wallet so I can reconcile them with my bank statement at the end of the month. Then when my wallet starts getting to cluttered I trash them all.  For the record, I never get around to reconciling them either."}
{"_id": "304020", "title": "", "text": "Why should I have to prove anything? I am not the one making the claims. Extraordinary claims require extraordinary evidence. If you are making a claim that ammonia washed meat is bad for people - something that has been going on for over 40 years and cleared by all scientists at the FDA - then you should have to provide the evidence for that. There is none."}
{"_id": "304023", "title": "", "text": "\"ETF Creation and Redemption Process notes the process: While ETF trading occurs on an exchange like stocks, the process by   which their shares are created is significantly different. Unless a   company decides to issue more shares, the supply of shares of an   individual stock trading in the marketplace is finite. When demand   increases for shares of an ETF, however, Authorized Participants (APs)   have the ability to create additional shares on demand. Through an \"\"in kind\"\" transfer mechanism, APs create ETF units in the   primary market by delivering a basket of securities to the fund equal   to the current holdings of the ETF. In return, they receive a large   block of ETF shares (typically 50,000), which are then available for   trading in the secondary market. This ETF creation and redemption   process helps keep ETF supply and demand in continual balance and   provides a \"\"hidden\"\" layer of liquidity not evident by looking at   trading volumes alone. This process also works in reverse. If an investor wants to sell a   large block of shares of an ETF, even if there seems to be limited   liquidity in the secondary market, APs can readily redeem a block of   ETF shares by gathering enough shares of the ETF to form a creation   unit and then exchanging the creation unit for the underlying   securities. Thus, the in-kind swap to the underlying securities is only done by APs so the outflow would be these individuals taking a large block of the ETF and swapping it for the underlying securities.  The APs would be taking advantage of the difference between what the ETF's trading value and the value of the underlying securities.\""}
{"_id": "304028", "title": "", "text": "He is assuming flat structural growth.   Amazon is Turning no profit because they are a services company, not a hardware company. They use all their money to invest in infrastructure to expand their services. AMD needs to spend a lot of money to operate a FAB to produce chips, while Amazon keeps spending money to expand new business units offering greater services.   Imagine you are a toll bridge operator. You build a bridge and collect a toll. But instead of declaring the fees collected as profit, you immidately start construction of another bridge, paid for by the profits of the first. You are pretty careful not to go crazy with debt, so you break even all the time.   20 year later, you have 10 bridges paying for the next ten to be built. Those 20 will pay for the next 20. Their \u201cbridge membership\u201d club keeps customers using existing bridges and automatically brings in customers for newly built ones.   Of course it took Amazon so long to catch the largest retailer - and so little to double them.   The next large play is really large - the 13b Whole Foods purchase. They bought the foundational land for hundreds of small bridges to more easily connect them to even more \u201cbridge users\u201d.   Once amazon is done \u201cgrowing\u201d and they have thousands of bridges collecting tolls all over the world, the money flow will be absolutely insane.   But they will still be \u201cbreaking even\u201d - as they will be buying fleets of aircraft and other international chains for further delivery footprints, but the small profit they declare will still be pretty big. It won\u2019t be Apple sized profit, but it will be an amazing amount of revenue.   Amazon is to big-box retail what big-box retail was to mom-pop retail - the oxygen remover.   They want to be the toll booth operator for all retail in the entire world."}
{"_id": "304034", "title": "", "text": "It's always beneficial to have detailed business records.  There are any number of reasons where you'd need to prove both the types of services you've rendered and the payment history - you've already noted audits (for IRS taxes).  Other possibilities: Whether these records need to be original or electronic might be the topic for another question."}
{"_id": "304042", "title": "", "text": "Understood, but then don't take what you need for the kids PLUS all your luggage.  The point is that amateur travelers make it hard on themselves AND everyone else when they overload with stuff they don't actually need.   The idea is to be as sleek *as possible* with- or without kidlets.  You know, high speed, low drag ..."}
{"_id": "304046", "title": "", "text": "Now, you can get a chlamydia test at affordable price, We understand your needs to provide high quality service. We provide you different disease test at the lowest price. Basically, some people with chlamydia usually experience a painful, burning sensation while urinating. It also causes swelling, bleeding, and unusual discharge from the genital area. If left untreated, it can cause future pregnancy complications in women. The EasyMeds Pharmacy is a wholesale distributor. If left untreated a Chlamydia contamination can permanently damage the sexual organs, leading to infertility in ladies and decreased fertility in guys. chlamydia test out identifies the bacteria chlamydia trachomatis as the motive of a person's infection."}
{"_id": "304076", "title": "", "text": "&gt; Giving people free shit turn them into vassals of the State.  I think you know it is not really that simple. Does the police force teach civilians to ignore lawbreakers?  Does public education cause people to only learn what is taught in schools?  Do people not learn CPR because 911 exists?  If people don't have the skills to manage their lives and hold down a job, wouldn't forcing them into a job guarantee failure?  Would you agree they would need to first learn these skills and that probably wouldn't happen in an unstable environment?"}
{"_id": "304080", "title": "", "text": "http://www.consumerismcommentary.com/buying-house-with-cash/ It looks like you can, but it's a bad idea because you lack protection of a receipt, there's no record of you actually giving the money over, and the money would need to be counted - bill by bill - which increases time and likelihood of error.   In general, paying large amounts in cash won't bring up any scrutiny because there's no record. How can the IRS scrutinize something that it can't know about? Of course, if you withdraw 200k from your bank account, or deposit 200k into it then the government would know and it would certainly be flagged as suspicious."}
{"_id": "304081", "title": "", "text": "If you don't have the time or interest to manage investments, you need a financial advisor.  Generally speaking, you're better served by an advisor who collects an annual fee based on a percentage of your account value. Advisors who are compensated based on transactions have a vested interest to churn your account, which is often not in your best interest. You also need to be wary of advisors who peddle expensive mutual funds with sales loads (aka kick-backs to the advisor) or annuities. Your advisor's compensation structure should be transparent as well."}
{"_id": "304085", "title": "", "text": "Any time there is a share adjustment from spin-off, merger, stock split, or reverse slit; there is zero chance for the stockholders to hang on to fractional shares. They are turned into cash.   For the employees in the 401K program or investors via a mutual fund or ETF this isn't a problem. Because the fraction of a share left over is compared to the thousands or millions of shares owned by the fund as a collective. For the individual investor in the company this can be a problem that they aren't happy about.  In some cases the fractional share is a byproduct that will result from any of these events. In the case of a corporate merger or spin-off most investors will not have an integer number of shares, so that fraction leftover that gets converted to cash isn't a big deal. When they want to boost the price to a specific range to meet a regulatory requirement, they are getting desperate and don't care that some will be forced out. In other cases it is by design to force many shareholders out. They want to go private. They to 1-for-1000 split. If you had less than 1000 shares pre-split then you will end up with zero shares plus cash. They know exactly what number to use. The result after the split is that the number of investors is small enough they they can now fall under a different set of regulations. They have gone dark, they don't have to file as many reports, and they can keep control of the company.  Once the Board of Directors or the majority stockholders votes on this, the small investors have no choice."}
{"_id": "304091", "title": "", "text": "Suspension is fairly easy to swap out. It takes some time but it's doable. If it's anything like most cars you should be able to swap out strut towers and shocks in less than an hour and even the air suspension components (Which seem to be integrated into the strut towers) should be fairly quick to swap. The complicated part is going to be swapping ball joints, tie rod ends and other steering components. Additionally it will be interesting to see how vibration dampening rubber mounts and other under car components hold up over many years of wear and winter weather.   Model S suspension   http://www.popularmechanics.com/cars/news/industry/2013s-most-innovative-car-is-the-tesla-model-s-3#slide-3"}
{"_id": "304100", "title": "", "text": "&gt; But I pretty much followed the procedure I was told to, its just I don't know why we wouldn't get the money back.  First, you're in the wrong spot. Go to /r/personalfinance.  Second, does it *really* make sense that you'd still get paid?   If someone stole your wallet and bought something for $100, can you not go to the store and demand your $100? Or do you have to go and find the thief THEN get back *that* item and THEN return it to the store and THEN get your cash back?   It's easier both logistically and logically to stop the payment going to the store, and have the store consider it a theft of their merchandise."}
{"_id": "304153", "title": "", "text": "I wrote one to check against the N3 to N6 bonds: http://capitalmind.in/2011/03/sbi-bond-yield-calculator/ Things to note:"}
{"_id": "304159", "title": "", "text": "Visit paypalblows.org to find out more reasons. PayPal wants your bank account info on file before they allow you to take payment. So setup a bank account strictly for this service, and if they give you trouble or suspend your account, simply never use them again and tell others of your experience.  I think the only reason why PayPal wants a bank account is so they can dip into it and take chargeback money."}
{"_id": "304160", "title": "", "text": "Wrote both exams over the summer. Make sure you do practice questions online. Also, I found that the breakdown of topics they have on their website is very accurate, so keep that in mind when studying.  If you are in any business/econ/finance program, it will not be a difficult exam (especially exam 1).   Oh, one last thing. They don't have too many questions where calculations are required. So don't worry about all the formulas, just understand the theoretical stuff."}
{"_id": "304173", "title": "", "text": "\"It can be a great addition to another degree.  STEM are a good choice.  I paired mine with German, then went back years later for my MBA in Finance.  As for whether it would go with information science, it all depends what you want to do.  Those combine very well for some very specific roles these days.  Though I would think as \"\"big data\"\" evolves, econ and IS could pair very well.  My main concern is... Have a desired outcome.  It may never end up just like that, but you want to know what you're getting has a purpose in your endeavors.  Do not get a STEM kicker just to have a STEM kicker.\""}
{"_id": "304179", "title": "", "text": "You signed a contract to pay the loan.  You owe the money.   Stories of people being arrested over defaulted student loans are usually based in contempt of court warrants when the person failed to appear in court when the collection agency filed suit against them. Explore student loan forgiveness program. Research collections and bankruptcy and how to deal with collection agencies.  There are pitfalls in communicating with them which restart the clock on bad debt aging off the credit report, and which can be used to say that you agreed to pay a debt.  For instance, if you make any sort of payment on any debt, a case can be made that you have assumed the debt.  Once you are aware of the pitfalls, contact the collection agency (in writing) and dispute the debt.  Force them to prove that it is your debt.  Force them to prove that they have the right to collect it.  Force them to prove the amount.  Dispute the fairness of the amount.   Doubling your principal in 6 years is a bit flagrant.   So, work with the collectors, establish that the debt is valid and negotiate a settlement.  Or let it stay in default. Your credit report in the US is shot.  It will be a long time before the default ages off your report.  This is important if you try to open a bank account, rent an apartment, or get a job in the US.  These activities do not always require a credit report, but they often do.  You will not be able to borrow money or establish a credit card in the US. Here's a decent informational site regarding what they can do to collect the loan.  Pay special attention to Administrative Wage Garnishment.  They can likely hit you with that one.  You might be unreachable for a court summons, but AWG only requires that the collectors be able to confirm that you work for a company that is subject to US laws. Update:  I am informed that federally funded student loans are not available to international students.  AWG is only possible for debts to the federal government.  Private companies must go through the courts to force settlement of debt.  OP is safe from AWG."}
{"_id": "304210", "title": "", "text": "&gt; Where I live, the delivery people are so bad they just leave super expensive packages on the stoop/porch. It is very risky to have anything of value ordered to an address in my neighborhood.  If you live in an area that's so risky that you can't leave a box outside, why would you give a company and anyone who works for them, including local labor and thus their friends, a key into your house?   &gt; Amazon Key solves that problem, and probably has enough insurance if anything goes wrong. What is your issue with it?  I'm not willing to take that bet. I think anyone else who wants to is an idiot."}
{"_id": "304215", "title": "", "text": "The interpretation is correct. The Reuters may give you the London 4PM rates if you query after the close for the day. The close rate is treated as the rate.  http://uk.reuters.com/business/currencies/quote?srcAmt=1&srcCurr=GBP&destAmt=&destCurr=USD The London 4PM rate may be obtained from Bank of England at the link below; http://www.bankofengland.co.uk/mfsd/iadb/index.asp?Travel=NIxSTxTIx&levels=1&XNotes=Y&XNotes2=Y&Nodes=X3790X3791X3873X33940&SectionRequired=I&HideNums=-1&ExtraInfo=false&A3836XBMX3790X3791.x=4&A3836XBMX3790X3791.y=3 Or any other Bank that provides such data"}
{"_id": "304228", "title": "", "text": "Not sure why you are being downvote. I have a friend who was pregnant when her husband was ran over by a car. Single parenting sucks, and they live in a 1 br where she sleeps on the couch so her kid can have a room. People who are downvoting you are ignorant assholes."}
{"_id": "304248", "title": "", "text": "From Tax Benefits for Education Student-activity fees and expenses for course-related books, supplies   and equipment are included in qualified education expenses only if the   fees and expenses must be paid to the institution as a condition of   enrollment or attendance. It seems to me the books are not a deduction unless the above criteria is met."}
{"_id": "304256", "title": "", "text": "An air conditioning repair and maintenance service includes things like cleaning the evaporator coil, cleaning and washing filters, cleaning the blower wheel, fan blade and drain pan, checking the condenser unit, checking for any noise problems and flushing the drain pipe. The wonderful expertise and the long years of experience of the highly trained and skilled staff of an air conditioner repair company."}
{"_id": "304274", "title": "", "text": "No, the odds are pretty good.  If you ask any questions about religion, it's safe to assume that they factor into the hiring decision (otherwise, why would you ask them?).  Showing that they were just asking out of curiosity is going to be pretty tough."}
{"_id": "304276", "title": "", "text": "\"The answer, like many answers, is \"\"it depends\"\". Specifically, it depends on the broker, and the type of account you have with the broker. Most brokers will charge you once per transaction, so a commission on the buy, and a commission (and SEC fee in the US) on the sale. However, if you place a Good-til-Canceled (GTC) order, and it's partially filled one day, then partially filled another day, you'll be charged two commissions. There are other brokers (FolioFN comes to mind) that either have trading \"\"windows\"\", where you can make any number of trades within that window, or that have a fixed monthly fee, giving you any (probably with some upper limit) number of trades per month. There are other brokers (Interactive Brokers for example), that charge you the standard commission on buy and another commission and fee on sell, but can refund you some of that commission for making a market in the security, and pay you to borrow the securities. So the usual answer is \"\"two commissions\"\", but that's not universal. However, while commissions are important, with discount brokers, you'll find the percent you're paying for commissions is minimal, which losses due to slippage and poor execution can swamp.\""}
{"_id": "304277", "title": "", "text": "You didn't mention how much is the interest rate of your debts. It is a very simple rule.  If you think you can make more money by investing (the best way you can) in spite of having debts then go ahead and invest.  Else, if you donno what you're doing and can't make sure you earn more than what you're paying off for interest then may be you should focus on clearing up the debts first. You can read more about similar topic discussion here Now, that you've presented the interest rate of your loans i.e. 11% which is your average, then I suggest you to clear up the high interest rate loans first i.e. which are above 11%  because it is very difficult to make an investment and get returns more than 11% of what you invest.  What ever be it, now that you won't be having big events in the coming 5 years, I suggest you to clear up all your loans and stay debt free i.e. tr to become stable and tension free. You know, because you can't run away anywhere with all those loans up on your shoulders, you HAVE to clear them today or tomorrow. So, now that you're free (in the next 5 yrs) and burden less, so why not clear them up today?"}
{"_id": "304284", "title": "", "text": "Aside from the fear that you or a loved one will spend it frivolously, I'm hard pressed to come up with another reason.  If you'll owe money in the next tax year, you have the rest of the year to adjust your withholdings and/or make quarterly payments. As both my fellow PFers state, you're better off getting your money back. Better still, use it to pay off a high interest debt."}
{"_id": "304296", "title": "", "text": "@garbonauda Thanks for the explanation. I was just going by a McDonald's and a gang of McDonaldnista's forced me into a McDonald's and required me to purchase a Big Mac. The article makes it sound like this is a great victory for South American socialist democracy! LOL. I'm quite sure that there are at least a few Bolivians who developed a taste for this quintessentially American fast food. I actually prefer their processed, pressed, pork patties shaped into bones and rib meat. Add some barbecue sauce and a couple slices of pickle, remove the excess onion, mmm-mmm good. Well, at least the first two. After that, ugh."}
{"_id": "304298", "title": "", "text": "No, we get it, you don't like the Conservative Governor, however, would you care to actually explain why? It's beyond obvious that he can't get anything done considering the legislature has been run by a guy, who has been in office for 33 YEARS!   My take from a guy in New York."}
{"_id": "304304", "title": "", "text": "The trades after that date were Ex-DIV, meaning after 5 pm Dec 12, new trades did not include the shares that were to be spun out.  The process is very orderly, no one pays $60 without getting the spinoff, and no one pays $30 but still gets it. The real question is why there's that long delay nearly three weeks to make the spinoff shares available. I don't know.  By the way, the stock options are adjusted as well. Someone owning a $50 put isn't suddenly in the money on 12/13. Edit - (I am not a hoarder. I started a fire last night and realized I had a few Barron's in the paper pile) This is how the ABT quote appeared in the 12/24 issue of Barron's. Both the original quote, and the WI (when issued) for the stock less the spin off company."}
{"_id": "304323", "title": "", "text": "Each of those is a network. Merchants displaying their logos - participate in their network and will accept cards that bear the same logo. Most merchants participate in more than one network. Discover is mostly used in the US, while Visa, Mastercard and American Express are more widely spread in the world (Amex less, Visa and MC are much more widely spread). In addition to being widely spread in the US, Discover is accepted everywhere where UnionPay is accepted (mostly in China) and Diners Club (mostly in EMEA). Advantages/disadvantages? You'll have to compare specific cards, but if you're a traveler in the world - then Discover will probably not be as appealing as Visa or Mastercard."}
{"_id": "304330", "title": "", "text": "\"Under current US tax code, you can receive $14K from an unlimited number of people with no tax consequence to them. Yes, the burden is on the giver.  There's an exception to most rules. If I gift you a large sum and don't fill out the required paperwork, paying the tax due, the IRS can go after the recipient for their cut. \"\"Follow the money\"\" is still going to be applied.  Even if over $14K, a tax isn't always due. Form 709 is required, and will allow a credit against one's lifetime gifting, currently $5.34M. In effect, the current limits mean that 99%+ of us will never worry about this limit, just file the paperwork.  Last, the 529 College Savings accounts permit a 5 year look ahead, i.e. a parent can deposit $70K to jump start her child's account. Then no gift for next 4 years.\""}
{"_id": "304344", "title": "", "text": "\"Americans are snapping, like crazy. And not only Americans, I know a lot of people from out of country are snapping as well, similarly to your Australian friend. The market is crazy hot. I'm not familiar with Cleveland, but I am familiar with Phoenix - the prices are up at least 20-30% from what they were a couple of years ago, and the trend is not changing. However, these are not something \"\"everyone\"\" can buy. It is very hard to get these properties financed. I found it impossible (as mentioned, I bought in Phoenix). That means you have to pay cash. Not everyone has tens or hundreds of thousands of dollars in cash available for a real estate investment. For many Americans, 30-60K needed to buy a property in these markets is an amount they cannot afford to invest, even if they have it at hand. Also, keep in mind that investing in rental property requires being able to support it - pay taxes and expenses even if it is not rented, pay to property managers, utility bills, gardeners and plumbers, insurance and property taxes - all these can amount to quite a lot. So its not just the initial investment. Many times \"\"advertised\"\" rents are not the actual rents paid. If he indeed has it rented at $900 - then its good. But if he was told \"\"hey, buy it and you'll be able to rent it out at $900\"\" - wouldn't count on that. I know many foreigners who fell in these traps. Do your market research and see what the costs are at these neighborhoods. Keep in mind, that these are distressed neighborhoods, with a lot of foreclosed houses and a lot of unemployment. It is likely that there are houses empty as people are moving out being out of job. It may be tough to find a renter, and the renters you find may not be able to pay the rent. But all that said - yes, those who can - are snapping.\""}
{"_id": "304345", "title": "", "text": "If btc looks like its going to replace dollars etc, banks will be right there with it, along with all the public convenience and trust they already have. They're also invested in much more than currency. Big banks aren't built of money paper mach\u00e8."}
{"_id": "304370", "title": "", "text": "Toyota has some of the ugliest cars around. They are so ugly that it seems like their designers spare extra effort to see who can come up with the ugliest look. They are reliable and less fun to drive.  If I am in that segments I would rather go with a Honda or a Mazda. Equally reliable and lot more fun to drive, specially the Mazda."}
{"_id": "304375", "title": "", "text": "whether the consecutive wins have any statistical significance could yield a whole reddit thread imho (same with MaxDD). if you bootstrap your OS results, or just randomize them, the observed out of sample MaxDD or the Max consecutive wins could be very different from what you experience in real life...maybe we should work on some particular algo examples... test them out here, compare and criticize.  scoring/utility functions are an interesting thread as well."}
{"_id": "304376", "title": "", "text": "You will not benefit at tax time like you did with your initial contributions, because you have already benefited and are simply repaying your withdrawn contributions. However, capital gains are not taxed inside of your RRSP, until you withdraw the money. Let's say you have $10,000 to repay and have all the money now. It makes sense to repay it immediately. Whatever interest or capital gains you make inside of the RRSP are not taxed. However, your $10,000 contribution this year will not offer you any deductions on your tax return. There are exactly two reasons I can see to not immediately repay the full amount, if able. First, you may need the money for an emergency fund, and there are significant implications for removing money from your RRSP in such a case. Second, if you believe you will be in a higher tax bracket when you retire, it may not make sense to put any money into an RRSP right now. Almost certainly, you want to repay the entire lump sum if able."}
{"_id": "304398", "title": "", "text": "Determine an investment strategy and that will likely answer this for you. Different people have different approaches and you need to determine for yourself what buy and sell criteria you want to have. Again, depending on the strategy there can be a wide range here as some may trade index funds though this can backfire in some cases. In others, there can be a lot of buy and hold if one finds an index fund to hold forever which depending on the strategy is possible. Returns can vary widely as an index can be everything from buying gold stocks in Russia to investing in short-term Treasuries as there are many different indices as any given market can have an index which could be stocks, bonds, a combination of the two or something else in some cases so please consider asset allocation, types of accounts, risk tolerance and time horizon in making decisions or consider using a financial planner to assist in drawing up a plan with allocations and how frequently you want to rebalance as my suggestion here."}
{"_id": "304399", "title": "", "text": "\"Why would people sell below the current price, and not within the range of the bid/ask? There are many scenarios where this is deliberate but all of them boil down to the fact that the top level's bid doesn't support the quantity you're trying to sell (or is otherwise bogus[1]). One scenario as an example: You're day-trading both sides but at the end of the day you accumulated a rather substantial long position in a stock.  You don't want to (or aren't allowed to[2]) be exposed overnight, however.  What do you do? You place an order that is highly likely to go through altogether.  There's several ways to achieve that but a very simple one is to look at the minimum bid level for which the bid side is willing to take all of your shares, then place a limit order for the total quantity at that price.  If your position doesn't fit into the top level bid that price will well be lower than the \"\"current\"\" bid. Footnotes: [1] Keyword: quote stuffing [2] Keyword: overnight margin (aka positional margin, as opposed to intraday margin), this is highly broker dependent, exchanges don't usually distinguish between intraday and overnight margins, instead they use the collective term maintenance margin\""}
{"_id": "304407", "title": "", "text": "(a) you give away your money - gift tax The person who receives the gift doesn't owe any tax.  If you give it out in small amounts, there will be no gift tax. It could have tax and Estate issues for you depending on the size of the gift, the timing, and how much you give away in total.  Of course if you give it away to a charity you could deduct the gift. (b) you loan someone some money - tax free?? It there is a loan, and and you collect interest; you will have to declare that interest as income. The IRS will expect that you charge a reasonable rate, otherwise the interest could be considered a gift. Not sure what a reasonable rate is with savings account earning 0.1% per year. (c) you pay back the debt you owe - tax free ?? tax deductible ?? The borrower can't deduct the interest they pay, unless it is a mortgage on the main home, or a business loan. I will admit that there may be a few other narrow categories of loans that would make it deductible for the borrower. If the loan/gift is for the down payment on a house, the lender for the rest of the mortgage will want to make sure that the gift/loan nature is correctly documented. The need to fully understand the obligations of the homeowner. If it is a loan between family members the IRS may want to see the paperwork surrounding a loan, to make sure it isn't really a gift. They don't look kindly on loans that are never paid back and no interest collected."}
{"_id": "304411", "title": "", "text": "Even assuming hypothetically that you are able to split money in different bank accounts to get full coverage and all your accounts are in top ranking financial institutions in USA, you can not rely on FDIC if all or most of those banks go broke. Because FDIC just has a meagre 25 billion dollars to cover all bank accounts in the USA. And you know the amount of bank deposits in USA run in at least a trillion of dollars. US Deposits & FDIC Insurance figures"}
{"_id": "304437", "title": "", "text": "\"Thats because min wage jobs are for high-school kids, not grown adults with kids. Min. Wage hurts the poor because : 1. It increases the barrier to entry for low skill jobs and 2. Incentivizes automation increasing unemployment and 3. Incentivizes price increases for the \"\"big evil corporations\"\" to protect their profit margins and make their shareholders happy.  If you want to destory the economy, you might as well go all out an just make min wage $1000 dollars an hour.\""}
{"_id": "304452", "title": "", "text": "Yes, if they meet the ATO's criteria. Books, periodicals and digital information If the item cost less than $300 you can claim an immediate deduction where it satisfies all of the following requirements: http://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Other-deductions/Books,-periodicals-and-digital-information/ Alternatively They may be a self-education expense http://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Self-education-expenses/ A Further Alternative  They could fall into the tool, equipment or other asset category if they are for a professional library (this can include a home office). http://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Tools,-equipment-and-other-assets/ I understand this is an old question although given the dead link in the above answer and the new resources this answer might prove helpful for others coming across this question."}
{"_id": "304461", "title": "", "text": "\"It's a statement that seems to be true about our tendency to believe we won't make the same mistake twice, even though we do, and that somehow what's occurring in the present is completely different, even when the underlying fundamentals of the situation may be nearly identical.  It's a form of self-delusion and, sometimes, mass-delusion, and it has been a major contributing factor to many of our worst financial disasters. If you look at every housing bubble, for instance, we examine the aftermath, put new regulations and procedures into place, theoretically to prevent it from happening again, and then move forward.  When the cycle starts to repeat itself, we ignore the signals, telling ourselves, \"\"oh, that can't happen again -- this time it's different.\"\" When investors begin to ignore the warning signs because they think the current situation is somehow totally different and therefore there will be a different outcome than the last disaster, that's when things actually do go bad. The 2008 housing crisis was caused by the same essential forces that brought about similar (albeit smaller scale) housing disasters in the 80's and 90's -- greed caused banks and other participants in the housing sector to make loans they knew were no good (an oversimplification to be sure, but apt nonetheless), and eventually the roof caved in on the market.  In 2008, the essential dynamics were the same, but everyone had convinced themselves that the markets were more sophisticated and could never allow things like that to happen again.  So, everyone told themselves this was different, and they dove into the markets headlong, ignoring all of the warning signs along the way that clearly told the story of what was coming had anyone bothered to notice.\""}
{"_id": "304477", "title": "", "text": "I think credit unions and microfinance are a much more viable lending model - the problem with direct person to person lending is that it is subject to a high level of idiosyncratic risk.  Direct P2P lending makes sense if you know the borrower well personally, but on an institutional level diversifying risk over a large number of borrowers makes a world of sense."}
{"_id": "304479", "title": "", "text": "You may be able to find the answers to your question on the IRS web site: http://www.irs.gov/businesses/small/article/0,,id=98263,00.html Specifically, using this form to estimate taxes for salary: http://www.irs.gov/pub/irs-pdf/f1120w.pdf and this form to estimate taxes for dividends: http://www.irs.gov/pub/irs-pdf/f1040es.pdf"}
{"_id": "304484", "title": "", "text": "Store cards are incredibly generous with their approvals. I recently graduated and started working making around 100k and Bank of America only approved me for a $1000 credit limit... Macys however approved me for $2000 for everyday purchases and $5000 for large-ticket items like furniture sets. It may not sound so glamorous to have a specific store card but they all allow you to build credit, and a credit card really doesn't let you do anything a debit card can't unless you're buying things you don't currently have the money for. Amazon is also issuing credit cards now, so with one of those there really isn't much you couldn't buy if you needed."}
{"_id": "304492", "title": "", "text": "I'd say yes! I wish I had a more quantitative background.  Especially if you go to a target school, it's a good move. Goldman now employs 100% more STEM majors than finance majors. Just went to an info session a few months ago."}
{"_id": "304500", "title": "", "text": "Behind paywall, so copy/paste of article below:  &gt; Brexit will push up costs for banks by as much as 4 per cent and their capital requirements will rise up to 30 per cent, according to the most detailed assessment yet of what Britain\u2019s departure from the EU means for the sector.  &gt; The findings by consultants Oliver Wyman will make grim reading for its bank clients, many of which are struggling with low profitability. They come a day after HSBC became the first lender to put a price tag on Brexit, saying the immediate disruption would cost it $200m-$300m.  &gt; Stuart Gulliver, chief executive of HSBC, said $1bn of revenue in its global banking and markets unit would be put \u201cat risk\u201d by Brexit. But he said it planned protect this revenue by moving up to 1,000 of its 6,000 UK investment banking jobs to France.  &gt; The pace of announcements about banks\u2019 Brexit plans has picked up in recent weeks, partly because of pressure from the Bank of England for them to submit their plans for coping with the \u201cworst-case scenario\u201d of a hard Brexit, severing access to EU clients. The UK is set to leave the EU in March 2019.  &gt; Such plans are expected to cause duplication of resources and capital for large banks in Europe, Oliver Wyman warned. It said this may cause some banks to abandon some European activities altogether and shift resources to the US and Asia.  &gt; \u201cAt the moment what everyone is doing is planning to be able to continue doing what they already do after a hard Brexit,\u201d said Matthew Austen, head of European corporate and institutional banking at Oliver Wyman.  &gt; \u201cOnce you have done that, if you have a strong performance in the US or Asia, then that is when you start to look at the post-Brexit foundations and it will prompt you to look at what the right business mix is,\u201d he said.  &gt; The consultancy, which has access to detailed figures on almost every bank from the benchmarking work it does for the sector, estimated that 2 percentage points would be knocked off wholesale banks\u2019 return on equity in Europe because of the disruption.  &gt; Wholesale banks \u2014 which serve corporate and institutional clients \u2014 would need to find $30bn-$50bn extra capital to support their new European operations, an increase of 15 to 30 per cent, it estimated. The industry\u2019s annual costs would rise by $1bn, or 2 to 4 per cent.  &gt; \u201cAny time you split a portfolio up \u2014 whether it be a credit portfolio or a trading book portfolio \u2014 you lose the benefits of diversification that allow you to reduce the capital you hold against it,\u201d said Mr Austen.  &gt; Many banks have decided they cannot afford to wait for the political uncertainty over the outcome of Brexit negotiations to clear before implementing their plans and have started finding office space and applying for licences with regulators.  &gt; \u201cOnce everyone is back from this summer holidays, the annual planning process will really start in earnest and at that point people will start planning for next year\u2019s costs and returns,\u201d said Mr Austen.  &gt; \u201cAs you move into the back end of this year and the start of next year you have to start making those decisions. You would want to have moved people by next summer if they are going to get their kids into school in September.\u201d  &gt; The consultancy stuck to the forecast it made last year that Brexit would drive 31,000-35,000 financial services jobs out of the UK, of which 12,000-17,000 would be in banking. In a worst-case scenario, in which euro clearing is shifted to the eurozone, banks could shift as many as 40,000 jobs out of the UK."}
{"_id": "304504", "title": "", "text": "Buy online high performance medical devices from the largest manufacturer company YILES in China. It is a very trustful company, here you can trust on every deal. We have a large stock of the feeding tube and different design in every medical gadget. Basically, these devices are very useful during the treatment of a patient, if you are running a hospital, then it's a pleasure for you, now you can buy online made of high quality material devices these all available at the lowest price."}
{"_id": "304509", "title": "", "text": "One can't, this is a systemic problem and when One bank goes pop, it drags a couple down with it. While swaps should have worked to keep the system safe at one time, when money was real, they now act as anchors that drag the entire chain down because the volume of funny money debt is so great its just not ever getting paid back. Best bet is to burn the Fed down"}
{"_id": "304559", "title": "", "text": "It appears so. I suppose you could try saying that you don't want to pay for it and won't have Internet installed, but that could be detrimental to your career. There is no law that says your company has to pay for your Internet unless you have some kind of contract with them that says you will. If anything, your best option might be to try to claim it is a business expense and deduct it on your taxes."}
{"_id": "304568", "title": "", "text": "3000 people on the waiting list won't convert to 3000 signups. But the fact is, we're solving a problem, we hit a nerve, and people love what we have to say about it. So much so that we have famous bootstrapped product companies come calling, and 37signals' designer tweeted about our app."}
{"_id": "304578", "title": "", "text": "For instance and to give a comparison to the US - in Austria, almost everybody gets a credit card (without a credit history (e.g. a young person) / with a bad credit history & with a good credit history).  The credit history is in the USA much more important than in Austria. In future, the way to assess a credit history will change due to analysis of social networks for instance. This can be considered in addition to traditional scoring procedures. Is your credit history/score like a criminal record? Nope. I mean is it always with you?  Not really cause a criminal record will be retained on a central storage (to state it abstract) and a credit history can be calculated by private companies. Also, are there other ways to get credit cards besides with a bank? That depends on the country. In Austria, yes."}
{"_id": "304580", "title": "", "text": "If you're interested in slower scale changes, one option is to use indexes that value a common commodity in different currencies such as the Big Mac Index.  If a Big Mac costs more in AUD but stays the same in USD, then AUD have gone up."}
{"_id": "304593", "title": "", "text": "I love the bold accusatory *YOU*!   This is extremely A - B here. Everything you've just stated is ENTIRELY your own opinion, which is so over generalized &amp; filled with conjecture that I won't even address it further.   If you're unable to see past your own assumptions &amp; listen to opposing view points, many of which are completely valid - you are a part of the problem. Thinking the way you do where (I'm right &amp; everyone else is CLEARLY wrong &amp; a bigot or whatever) is not productive, helpful or even close to an attempt at teamwork. Please think about that."}
{"_id": "304594", "title": "", "text": "How many are PDF's? Is it enough that you must have an OCR tool? Word and HTML should be trivial to search through. You could get an IT guy or software engineer to sift through it using [catdoc](http://linux.die.net/man/1/catdoc) to convert the Word files to plain text and use [grep](http://en.wikipedia.org/wiki/Grep) to search for keywords. You could do it yourself if you're familiar with using linux command-line."}
{"_id": "304597", "title": "", "text": "I guess we opt in when we take out credit, or if you sign a lease or anything like that. While credit reporting is the backbone of consumer finance, im not sure exactly how it works, and this may not be the right sub. r/personalfinance may be better. If you get a good answer elsewhere I would be much obliged if you posted it back here."}
{"_id": "304641", "title": "", "text": "\"Fred is correct ... MOST financial advisors (but not all) are paid either for managing your assets or for selling you financial products. But success at anything, especially building wealth, is all about PROCESS, not products. I applaud your desire to find a financial advisor to help you because this is not something that most people have the education, experience or capacity to do themselves (it is impossible to get the perspective you need to make the best choices). Start with a CERTIFIED FINANCIAL PLANNER professional - they have an ethical duty to do what is in your best interests ahead of their own (the \"\"fiduciary standard\"\").  You might interview two or three.  Work with the one who is transparent about how they are paid and whose process is focused on helping you achieve your goals ... not following any rule of thumb or standard boilerplate.  Your goals are different.  Your financial life is different. Find someone who can help YOU follow YOUR agenda ... not their own.\""}
{"_id": "304662", "title": "", "text": "The fact that your credit card has seen the payment is strong evidence that the transaction did in fact take place.  But it's not unusual for there to be a delay of one or two business days before transactions show up in your online banking records.  Saturday and Sunday are not business days.   I bet you will see it on Monday.  If it's not there by Tuesday, you could call the bank."}
{"_id": "304669", "title": "", "text": "&gt; If a crook standing behind me in line seems me enter my pin  Easy to prevent with a cover over your fingers.  Hey! Do you mind giving your credit card to the waiter... who takes it to the back of the restaurant... gods knows what he does with YOUR credit card. writing down the number... scanning it... copying it... I am sure the waiter has a clean background... never ever ex-criminals get hired as waiters... high standards for waiters... and then the waiter give the card back to you so you can tip him? Don't forget to sign the receipt... so the waiter also have your most recent signature.  Or, do you prefer the card in your hand, while you scan it and then enter a PIN on a mobile device you hold in your hand?  How much fraud with ATM cards versus credit cards?  &gt; If he sees me sign my name he's less likely to do that.  We already determined that nobody even care about signatures or check them.  Have you EVER have a case that your signature was questioned? No? Well, try an experiment in the next week: always sign with a totally new and made-up signature. Then, let me know if even one transaction was rejected."}
{"_id": "304679", "title": "", "text": "Supply and demand for a particular bond may be such that the market price exceeds the par value for the bond at maturity. This is when you get a negative yield. Especially when volatility is high, people will actually pay money to park it in treasuries for an amount of time. But when compared to a > 25% vol in the equities market over that same period, taking a 5% or less hit doesn't sound nearly as bad!"}
{"_id": "304703", "title": "", "text": "People look at this problem the wrong way. The real issue for all phone manufacturers is that hardware is outpacing software. Phones have reached a point where incremental increases are no longer necessary and the low end hardware will do. iPhone4s V iPhone5, it's fairly pointless to switch."}
{"_id": "304705", "title": "", "text": "No, but it's vested with the authority to interpret laws and pass regulations and interpretations like this.  If the franchise system sets the financial of the business such that wage violations are both predictable and mandatory for businesses to profit, then why shouldn't they be held accountable in purporting to their level of control."}
{"_id": "304720", "title": "", "text": "why experts have to claim?  What about that guy who has a family to support with little income. He not only works 7 days a week but also overworks daily.   Don't understand why a statement is bashed into the internet and then shared."}
{"_id": "304743", "title": "", "text": "I'd say there's a lot of oversight in the public companies, like maintaining transparency to the public by having public consultations and sending out lots of communication. There's also the way budgets are managed in public companies that are very different from a private company, so there's way more oversight into where the money goes. The reason public projects take so long generally falls under these considerations.  Private companies (at least where I'm from) also have to follow some pretty strict rules that there is a lot of pushback on, but considering that a lot of the oversight boils down to things like don't increase traffic by x amount without creating a detour route, don't increase stormwater flows to a river that would flood out people downstream, don't build houses so close together that a fire can jump from one to the next, etc, but I agree with having the strict regulation because it means that in fifty years we won't have the same massive problems that there have been before.  Also it's a tough sell to get some things done by private investment, like a country road, so it's a lot easier to have the government do it. That's why there's usually a division between capital works and development, where capital works will build the roads and sewers in existing areas while development will be subdivisions and industrial complexes where the developer has to put in all of the infrastructure as part of their development that they're making sales or rentals to turn a profit on. So there is a balance, but it's capital works that gets the most media attention for being horrible and in need of repair."}
{"_id": "304760", "title": "", "text": "[ACN maser brothers](http://old.post-gazette.com/world/20020524ecstasy4.asp) or they use a mlm to launder money and promise big bucks. That the owners have from dealing drugs not selling personal services. Mlm are a joke, who in their right mind would pay to work for someone that is so counter intuitive that it's not even funny"}
{"_id": "304766", "title": "", "text": "It had to have been a con from day one - did anyone really think AC needed another casino? Every state up and down the seaboard has or is allowing and building casinos. Gamblers are a finite resource and simply building a new casino does not generate new gamblers. For decades the eastern states envied the gambling tax revenue AC generated for the state and wanted in on the deal. Now, shocking I know, now that gambling can be done just about everywhere, everyone is seeing their revenue drop."}
{"_id": "304771", "title": "", "text": "Linear Title has demonstrated a commitment to philanthropy, both on a corporate and on an individual level. Linear Title believes very strongly in contributing to the community, and that an investment in today\u2019s society is an investment in the future of our nation.Linear Title is pleased to announce that its chief financial officer, Todd Costa, will be joining the board of House of Hope, an organization that works with and advocates for homeless individuals and families."}
{"_id": "304774", "title": "", "text": "They shouldn't have been hiring illegals in the first place. They had been illegally undercutting the market by offering a product at a cheaper price than someone doing so legally could have offered. Then cried and whined they they couldn't do so anymore, instead of selling their product at its actual price they instead hired cheap overseas labor. Yep."}
{"_id": "304777", "title": "", "text": "Serviced offices with short term, flexible leasing options are lacking in the market. Regus offers some along with Cross Office along with a others but they are niche. WeWork might find a sweet spot in office rental market but if so expect the competition to jump in to so skeptical on the $20B valuation.. WeWork brings what competitive advantage that can be defended?"}
{"_id": "304779", "title": "", "text": "The Democratic Party holds the majority of public offices. Sixty-six percent of registered voters in the city are Democrats.[12] The only significant pockets of Republican strength are in Staten Island, as well as wealthier sections of Brooklyn and Queens. New York City has not been won by a Republican in a Presidential or statewide election since 1924.  http://en.wikipedia.org/wiki/Government_of_New_York_City"}
{"_id": "304780", "title": "", "text": "\"In the case of Fidelity, the answer is \"\"no.\"\" Although when you leave your employer and roll over the account to an IRA, leaving it with Fidelity allowed me to keep money in those closed funds. My Roth IRA was not able/allowed to buy those funds.\""}
{"_id": "304804", "title": "", "text": "I am understanding the OP to mean that this is for an emergency fund savings account meant to cover 3 to 6 months of living expenses, not a 3-6 month investment horizon. Assuming this is the case, I would recommend keeping these funds in a Money Market account and not in an investment-grade bond fund for three reasons:"}
{"_id": "304843", "title": "", "text": "Exactly.  I mean, angel investors can be great, but you shouldn't be doing that unless you already have a proven model and revenue stream. I think an angel investor that would give someone money for an idea at the stage of having made $0 isn't really aware of what they're doing, and they're probably a friend or family that you may most likely end up letting down."}
{"_id": "304851", "title": "", "text": "You are asking about what happens when an ETF/mutual fund company goes bankrupt. If you were asking about a bank account you would be asking about FDIC coverage.  Investment funds are different, the closest thing to FDIC protection is provided by  Securities Investors Protection Corporation (SIPC) SIPC was created under the Securities Investor Protection Act as a   non-profit membership corporation. SIPC oversees the liquidation of   member broker-dealers that close when the broker-dealer is bankrupt or   in financial trouble, and customer assets are missing. In a   liquidation under the Securities Investor Protection Act, SIPC and the   court-appointed Trustee work to return customers\u2019 securities and cash   as quickly as possible. Within limits, SIPC expedites the return of   missing customer property by protecting each customer up to $500,000   for securities and cash (including a $250,000 limit for cash only). SIPC is an important part of the overall system of investor protection   in the United States. While a number of federal and state securities   agencies and self-regulatory organizations deal with cases of   investment fraud, SIPC's focus is both different and narrow: restoring   customer cash and securities left in the hands of bankrupt or   otherwise financially troubled brokerage firms. SIPC was not chartered by Congress to combat fraud. Although created   under a federal law, SIPC is not an agency or establishment of the   United States Government, and it has no authority to investigate or   regulate its member broker-dealers. It is important to understand that   SIPC is not the securities world equivalent of the Federal Deposit   Insurance Corporation (FDIC), which insures depositors of insured   banks."}
{"_id": "304857", "title": "", "text": "I think the personal information part of this is key. Anyone that's tried to operate a home business understands the catch-22 of advertising your home address. My home phone rings all the time with salesman trying to lease me copiers and sell health insurance plans. I also don't want the damn FedEx man at my front door at 8:00 am with a priority package. I'm also an attorney and I don't want needy clients showing up at my house. My point is, Facebook sells my personal information and I prefer they wouldn't. LinkedIn sells my commercial information ad I prefer they would."}
{"_id": "304888", "title": "", "text": "Only your contributions count. There should be no ambiguity in what you contributed to the IRA. The IRA should have sent you a Form 5498 at the beginning of the next year detailing what you contributed that year. This is important because there are limits on how much you can contribute to an IRA per year. You don't need to fill out the form in a following year if you've made no nondeductible contributions (or Roth IRA conversions or any of the other stuff on the form) that year."}
{"_id": "304903", "title": "", "text": "Good for him that he is fascinated by actuarial science. I don't think I am fascinated, just mildly interesting. I feel I am making a grave mistake since I do not have this fascination.  I feel it will get me into that world. Instead of being an employee at Citigroup I'll be an actuary. I want my life to be a spectacular adventure and I feel that being an actuary will help. Kind of like Frodo's journey to destroy the ring rather than solely living his life at the Shire."}
{"_id": "304905", "title": "", "text": "One of your credit reports said this was negatively impacting your credit. You are entitled to a free copy of your credit report once per year from each of the three major credit reporting companies in the U.S. (TRW, Equifax and one other). It is a good idea to check on these anyway, if you have credit accounts.  Get copies from the other two credit reporting companies. See if they also say that your credit is negatively impacted by so many loans, even though the balances are small. If all three credit reporting companies are in consensus about negative effecting your credit, then it is true. If that IS the case, check with your subsidized loan lender about consolidation. If the unsubsidized loans are from the same lender, ask them too. If they're from different lenders, you might want to ask at your bank about getting a debt consolidation loan. You might be able to save money by refinancing (consolidating) the unsubsidized student loans as one loan, maybe even ALL the loans as one loan, particularly if you bank at a credit union."}
{"_id": "304918", "title": "", "text": "If you do this, you own a stock worth $1, with a basis of $2. The loss doesn't get realized until the shares are sold. Of course, we hope you see the stock increase above that price, else, why do this?"}
{"_id": "304919", "title": "", "text": "If you already have 500k in a Schwab brokerage account, go see your Schwab financial consultant. They will assign you one, no charge, and in my experience they're sharp people. Sure, you can get a second opinion (or even report back here, maybe in chat?), but they will get you started in the right direction. I'd expect them to recommend a lot of index funds, just a bit of bonds or blended funds, all weighted heavily toward equities. If you're young and expect the income stream to continue, you can be fairly aggressive. Ask about the fees the entire way and you'll be fine."}
{"_id": "304933", "title": "", "text": "Gross pay is the total your employer is paying you. Net pay is the amount of money you actually received (should match your check or direct deposit), which is gross pay minus deductions (healthcare, 401k contributions, commuter tax-free programs, etc), taxes (as explained already), 401k loan repayments, garnishments (child support, IRS messes, etc)."}
{"_id": "304938", "title": "", "text": "1) Financial Analyst in a way is a big title but that is the way it is with anything to do with Finance like almost everyone is a Vice President in an investment bank. Take it slow. Consider and know that you got to swim thru the ocean and learn with every stroke and you may be coming out better than many.  2) First job is always very critical. We all have an image of that real life before starting it. It happens many times that what we imagined was very different than the realities and those cracks in the illusions may make us think that this is just the first step and the first block to give a shape to the resume to get the next better job. That is something which may prove to be suicidal at times because then we just try to learn the macros and not the micros as our objective is not to sail thru it but to use it as a sail to move to the next boat. I always feel that take the job as you are going to retire with it and learn all the details, the micros.... that really adds better value to the resume and yourself."}
{"_id": "304941", "title": "", "text": "\"An \"\"asset\"\" is something which you own that has a monetary value. Some examples would be your car, your house, the money in your wallet, and yes the pile of gold in your garage. Assets also include intangible things such as money owed to you for instance; although these are calculated somewhat differently. \"\"liabilities\"\" are what you owe. For instance, your car loan, your mortgage, and your student loan. Liabilities can also include future debts which you may not be paying at the moment.\""}
{"_id": "304945", "title": "", "text": "It will not do anything except make insurance companies really happy and create a [race to the bottom, where we get the worst policies offered by encouragin insurers to go to the states with the least restrictions.](http://www.kaiserhealthnews.org/stories/2010/september/30/selling-insurance-across-state-lines.aspx)  In fact, there is no evidence [insurers even want to do this.](http://thehill.com/blogs/healthwatch/health-insurance/260049-study-little-practical-interest-in-selling-insurance-across-state-lines-)"}
{"_id": "304951", "title": "", "text": "It\u2019s Uber\u2019s game to lose because they went the luxury route first and accepted the money on promise of growth. They\u2019re challenged with maintaining that growth which has pushed them to grow and diversify their business and is forcing them to find a way to automate their car service. It\u2019s caused them to become the shitty company they are- bulldozing over laws/regulation/own employees.  Lyft started at the same time but were coming from a different angle taxi and scale up from there.  The old way of starting a business was to start small and grow.  The new way is to have an idea get a crap load of money and promise/deliver growth. The first is not necessarily the sexiest but if they keep growing and keep their nose clean they just have to wait for their competition to fall on their face."}
{"_id": "304952", "title": "", "text": "You have four basic options."}
{"_id": "304955", "title": "", "text": "Q: Where do you think the money comes from for the cash-back reward? A: The seller is charged a % transaction fee that is higher than the amount of the cash back reward.  So ultimately the seller is paying the cash back award and then some. This plan wouldn't work."}
{"_id": "304961", "title": "", "text": "I get the idea behind it but certainly you would agree that it can be seen as a selfish mindset. Say I'm working on a project with this guy and we have a deadline at the end of the week. If he is not willing to stay an extra hour or two on Thursday afternoon to make sure we meet the deadline because he feels he needs to be compensated to put in a little extra effort then that is not a person I would enjoy working with. That's also an attitude that I don't think will get you very far (however fair that may be)  Routinely putting in 60+ hours when you are paid for 40 is different. I wouldn't have anything against a person unwilling to do that but I'm sure most people would prefer working with somebody that is willing to go the extra mile when needed rather than the guy clocks out at 5:01 every day."}
{"_id": "304966", "title": "", "text": "I imagine all the licensing deals come at a cost as well. They have to pay those brand partners for movie deals and invest a lot up front to have products on shelves when the movies release. Then there's the risk of the movie underperforming.   Lower margins, potentially higher risk, brand dilution."}
{"_id": "304971", "title": "", "text": "Because a paying down a liability and thus gaining asset equity is not technically an expense, GnuCash will not include it in any expense reports. However, you can abuse the system a bit to do what you want.  The mortgage payment should be divided into principle, interest, and escrow / tax / insurance accounts. For example: A mortgage payment will then be a split transaction that puts money into these accounts from your bank account: For completeness, the escrow account will periodically be used to pay actual expenses, which just moves the expense from escrow into insurance or tax. This is nice so that expenses for a month aren't inflated due to a tax payment being made: Now, this is all fairly typical and results in all but the principle part of the mortgage payment being included in expense reports. The trick then is to duplicate the principle portion in a way that it makes its way into your expenses. One way to do this is to create a principle expense account and also a fictional equity account that provides the funds to pay it: Every time you record a mortgage payment, add a transfer from this equity account into the Principle Payments expense account. This will mess things up at some level, since you're inventing an expense that does not truly exist, but if you're using GnuCash more to monitor monthly cash flow, it causes the Income/Expense report to finally make sense. Example transaction split:"}
{"_id": "304976", "title": "", "text": "The wall mount ironing board is pretty durable and resilient which could be twirled from any angle while ironing. Moreover, these devices can be easily installed without needing to hire someone else and also help you in saving few dollars on installation costs."}
{"_id": "304980", "title": "", "text": "Just found your comment as I was searching for 'judicial dissolution'. Depending on your state, your partner (by starting another business which is in direct competition to this business) has committed a breach of fiduciary duty, a breach of the implied covenant of good faith and fair dealing, and maybe fraud. I am currently dealing with a similar situation.  The solution that I am pursuing is judicial dissolution. I will say, does the business own the web domain name, or do you personally? In my case, I purchased the domain myself, and I am simply going to redirect to a similar (but different) domain, and claim it as a rebranding effort.  It sucks. A lot. But it's a valuable lesson learned (for me, anyway). Best of luck."}
{"_id": "304986", "title": "", "text": "If you're thinking of going back to your home country, you need to check whether you're allowed to keep foreign accounts once back there. In some countries having a foreign account may be illegal. In this case - don't contribute to 401K as you'll have to withdraw, and pay the penalty. If, however, your country of origin doesn't care about you having an account in the US - keep it, and contribute, because then you'll achieve these nice things:"}
{"_id": "304999", "title": "", "text": "\"You can call CBOE and tell them you want that series or a particular contract. And this has nothing to do with FLEX. Tell them there is demand for it, if they ask who you are, DONT SAY YOU ARE A RETAIL INVESTOR, the contracts will be in the option chain the next day. I have done this plenty of times. The CBOE does not care and are only limited by OCC and the SEC, but the CBOE will trade and list anything if you can think of it, and convince them that \"\"some people want to trade it\"\" or that \"\"it has benefits for hedging\"\" I've gotten 50 cent strike prices on stocks under $5 , I've gotten additional LEAPS and far dated options traded, I've gotten entire large chains created. I also have been with prop shops before, so I could technically say I was a professional trader. But since you are using IB and are paying for data feeds, you can easily spin that too.\""}
{"_id": "305006", "title": "", "text": "\"There are times that the simplest explanation (or analysis) is best.  You show that, for a time, the PMI is $1812/yr. And it's the cost you will incur by sending $15,000 to the student loan instead of using it as a downpayment. 1812/15000 is 12%. The loan is already costing you 4% (I know, 3.899, a rounding error), so in effect, that $15,000 is costing 16%. I doubt the student loan is even double digits.  Use the $15,000 toward the downpayment. Take the $1812 plus the $859 per year saved on the mortgage payment, and throw the $2671 towards the student loan. This is the simple solution. (Note: $15000 at 4% for 30 years is a payment of $71.61 or $859/yr.) Part of the PMI issue is that PMI gets removed when you hit 80% due to natural amortization. i.e. the timeframe due to normal payments. If you make extra payments, and hit 80% a year after you close, that's nice, but the bank will drag its feet, and the appraisal (at your cost) may come back low. Then what?  Last, without the S/L interest rate and term, I can't calculate the numbers the way your example showed, but don't mix up term and cash flow with actual cost. Say I owed my mom $50000, at zero interest, and $500/mo payment. Sending $50K would \"\"free up\"\" that $500/mo, but there are better uses for that money, such as high interest debt. You propose to create 16% debt in your scenario.\""}
{"_id": "305029", "title": "", "text": "\"I'm assuming the central bank of Italy will initiate quantitative easing (print money) to pay for this. This should devalue the euro.  This may be \"\"rescuing\"\" these banks but it's fucking over everyone who is saving/trading with the euro.\""}
{"_id": "305049", "title": "", "text": "Something I'd like to plant firmly into your mind - If you're able to save up enough money to buy the things you want outright, credit will be of little use to you. Many people find once they've accumulated very good credit scores by use of good financial habits, that they rarely end up using credit, and get little out of having a 'great' credit score compared to an 'average' credit score. Of course, a lot of that would depend on your financial situation, but it's something to keep in mind. As stated by others, and documented widely online, you don't need to make payments on a loan or carry a card balance to build your credit history. Check your credit on a popular site, such as Credit Karma (No affiliation). There, you'll see a detailed breakdown of the different areas of your credit profile that matter; things like:  The best thing I could recommend is get a credit line or credit card, and use it responsibly. Carrying a balance will waste money on interest, much like the car payment. Just having it and not over-using it (Or not using it at all) will 'build' your credit history. Of course, some institutions may close your account after X number of years of inactivity. With this in mind, I'd say it's safe to pay off the car loan. Read your agreement and make sure there aren't early termination / early payment fees for this. Edit: There have been notes in the comments section's of question/answer's here about concerns with getting apartment. My two cents here: Most apartments I've seen check your credit for negative marks.  Having no credit history, and thus never missing a payment or having a judgement made against you, will likely be enough to get you into most normal-quality apartments, assuming the rest of your application / profile is in order, like:  - Good references, if asked for them  - At least 2.5x rent payment in gross income etc, things like that. If they really think you're a risk, they may ask for a larger deposit (Though I'm sure in some areas there may be restrictions on whether they can do this, or how much they can do it) and still let you rent there."}
{"_id": "305053", "title": "", "text": "Winter is coming... and Ukraine's gas bill is due.  Don't expect the IMF backed plan to win over the currently sympathetic Ukrainians... when they are freezing to death and are being asked to take Greece like austerity measures.  Don't expect EU voters to subsidize Ukraines gas bill.  By march of next year... expect a full blown grand exodus of support for a western plan, especially in Ukraine."}
{"_id": "305061", "title": "", "text": "\"The rate of the bond is fixed. But there is a risk known as \"\"interest rate risk\"\". Basically, if you have a 2 percent bond and market rates are 4 percent, you'll have to offer your bond at a discount or nobody would buy it. So if you ever needed to sell it, you'd lose a bit of money.\""}
{"_id": "305065", "title": "", "text": "First, I try to keep electronic records (with appropriate backups) whenever it seems feasible: utility bills, credit card statements, bank statements, etc. This greatly cuts down on storage space, and are kept forever.  For hard copy records, it depends on the transaction.  I try to balance filing time and recover time, by how likely it is that I will need to access a record in the future.  I'm much less likely to need the receipt for this mornings coffee at Starbucks than I am to need the utility bill for my rental property (100%, come tax time).   For instance, by default I file my credit card receipts, that don't get filed elsewhere, by year with all cards kept together, and cull them after 5-7 years. I keep all of the credit card receipts, just because it is less effort for me than making a decision about what to keep and what to discard.  I put them in an accordion file by month of charge, and keep two, for the current year and previous years. At the beginning of each year, I get rid of the receipts in the oldest file and reuse it. Anything that needs to be kept longer that a couple of years gets filed separately. Certain records are kept together.  For example, car repair/maintenance receipts are filed by vehicle and kept for the life of the vehicle (could be useful when its sold, to provide the repair history).  All receipts for the rental property are kept together, organized by account. I'll keep these until the property is sold. All tax related receipts that don't have a specific file are kept together, by year, along with the tax return."}
{"_id": "305069", "title": "", "text": "\"To answer this part of the question: \"\"How can you build an index based on shipping routes - what is the significance of that? Indexes are traditionally built based on companies: e.g. S&P Index is a basket of companies whose price varies. But here you need a basket of FFA contracts from different oil firms (Shell, BP), 5 year Shell FFA's, 10 year shell FFA's. Where do routes enter the picture? Let the tanker any route he feels like.\"\" No, you don't get a basket of FFA contracts from given companies (such as Shell and BP). What you get are rates assessed by a panel of brokers for the main tanker routes (especially in the tanker market, there are comparatively few standard routes, because the major oil loading areas are also comparatively few). The panel will assess the spot and future markets on a daily basis, and issue the rates accordingly.\""}
{"_id": "305070", "title": "", "text": "Swaps form backstop to a shit load of int'l trade. Liquidity of currency is a huge factor in being a govt reserve currency, which USD currently has the VAST majority of holdings. This agreement is a shove against USE dominance in trade settlements, which is negative. Also challenges us general capital markets dominance a bit"}
{"_id": "305072", "title": "", "text": "There is [another take on this.](http://www.huffingtonpost.com/jerry-jasinowski/ex-im-bank_b_5543235.html).  Saying that the Ex-Im bank is somehow an entitlement of the rich is the kind of ignorance that one would expect of the far right. Just because large companies use it does not mean that it is not used by smaller ones that support local economies in the country."}
{"_id": "305075", "title": "", "text": "So working at a cafe doesn\u2019t mean you will learn everything you need to know to run a cafe. Are you being exposed to how the finances/taxes/food regulations are handled?  How about ordering/managing supplys?  How about employee management?   They aren\u2019t gonna teach you all of that in business school probabably either but they will teach you stuff you didn\u2019t know you needed to know.   I say skip school but realize it comes at a cost too."}
{"_id": "305085", "title": "", "text": "\"The problems with ratings and the interpretation of ratings is that they are retrospective, and most people read them as prospective. They basically tell you that debtor is solvent right now. What does that mean? It means that the ratings are based on the audited financial statements of a company, government or other organization issuing debt. So, in the best case scenario where the rating agency is acting properly, they are still dependent on folks with fiduciary responsibility telling the truth. And even if they are telling the \"\"truth\"\", accounting rules make it possible to obscure problems for years in some cases. Municipal goverments are a great example of this... the general obligation bonds cities and even states with deep structural budget problems still get good ratings, because they are solvent and have sufficient operating cash to meet obligations today. But towards the end of a 30-year bond's life, that may not be the case anymore unless they dramatically alter their budgets. At the end of the day, ratings are one aspect of due diligence. They are useful screening devices, but you need to understand who you are lending money to by purchasing bonds and diversify your holdings to protect your wealth.  The problem, of course, is when the trustees of your pension fund invests in garbage assets after getting a sales pitch on the beach in Hawaii, then conveniently place all of the blame for that bad investment on the rating agency. You unfortunately have zero control over that.\""}
{"_id": "305097", "title": "", "text": "Peer to peer lending such as Kiva, Lending Club, Funding Circle(small business), SoFi(student loans), Prosper, and various other services provide you with access to the 'basic form' of investing you described in your question.  Other funds: You may find the documentary '97% Owned' fascinating as it provides an overview of the monetary system of England, with parallels to US, showing only 3% of money supply is used in exchange of goods and services, 97% is engaged in some form of speculation.   If speculative activities are of concern, you may need to denounce many forms of currency. Lastly, be careful of taking the term addiction too lightly and deeming something unethical too quickly.  You may be surprised to learn there are many people like yourself working at 'unethical' companies changing them within."}
{"_id": "305105", "title": "", "text": "subsidy - financial support. For example subsidized housing - when the government pays a part of your rent (usually for low income families). or subsidized student loan - when somebody else is paying interest on the money you borrowed while you are in school."}
{"_id": "305111", "title": "", "text": "I mean, the ultimate goal of the takeover would be removing a specific account, so if twitter shuts down all accounts, the it's a win (granted the investors don't care about monetary losses, which of course they do). Still, activist investors can get into proxy fights for board seats and even strategy with just 2% of a company. If there were enough people invested only in removing Trump, the trade of unhappy shareholders vs Trump seems easy to make."}
{"_id": "305112", "title": "", "text": "&gt;No, a tip is a reward for quality of service. I give a 10% tip for horrible service (service, not food). I give a 15% tip when I don't notice the waiter/ess as part of my meal. I give 20% tip when service (not food) was exceptional.  Then you're agreeing that the tip is a base form of compensation. I shouldn't have said that they're exclusive because they're not, but in the 95% of cases where people are obeying a 15-20 rule, then you're agreeing that it's compensation + a little bit extra for good service (typically what, 5% extra up to 20%)?  &gt;If you want to argue that tipping is not a reward for quality of service, then I will abstain from tipping altogether because I paid for my food and I'm willing to get my own damn water and pick up my food from the kitchen if someone will let me.  This business model is becoming more common. Upscale fast is a similar genre. The blending of self-service with higher quality food. Listen, restaurants are going to be run by machines sooner or later. I worked in a chain that was literally computer run. The computer told the host where to sit a table (and knew exactly what was clean/dirty), it watched to see if waiters got drinks in x time, servers put in a food order and it popped up each item (or part of item) on screens for cooks in the correct time (IE long dishes popping up quickly and fast dishes popping up later). The entire restaurant was run through that, it monitored everything.   At this point, I think they keep waiters around because they're so cheap ($2.13) and their tips can be so easily used to cover other costs in the business because honestly otherwise they'd be pretty easy to replace."}
{"_id": "305117", "title": "", "text": "From my experience you don't need knowledge of accounting to pick good stocks. The type of investing you are referring to is fundamental. This is finding out about the company, this websites should help you start off: http://en.tradehero.mobi/how-to-choose-a-stock-fundamental-analysis/ Investopedia will also be a useful website in techniques. A bit of knowledge in economics will be helpful in understanding how current affairs will affect a market, which will affect stock prices. However you need neither economics or accounting knowledge if you were to learn technical analysis, many doubt the workings of this technique, but in my experience it is easier to learn and practise. For example looking at charts from previous years it shows the last time there was a huge recession the dollar did well and commodities didn't. In this recession we are entering you can see the same thing happening. Read about the different techniques before limiting yourself to just looking at financial statements you may find a better technique suited to you, like these technical analysts: http://etfhq.com/blog/2013/03/02/top-technical-analysts/ Hope this helps."}
{"_id": "305119", "title": "", "text": "Trauma and Post Traumatic Stress Disorder has become much more common now than it used to be, and it shakes the whole foundation of one\u2019s life. It generally sprouts from various underlying emotional issues and makes us afraid of everything. We at Transformations Coaching &amp; Hypnotherapy, help our patients heal through many different techniques."}
{"_id": "305128", "title": "", "text": "\"You could do nothing for a while longer. Foreign exchange simply means your services are cheaper and imports and more expensive, local transactions are otherwise unaffected. Your main worry is whether the government's attempts to revert these issues will create inflation within Russia.  Local clients will likely not care to pay you in Euros, Dollars, or Pounds (as it will cost them significantly more, they'd have to acquire the currency to pay you with) but does it matter if they pay in Roubles? The financial crisis in more an international thing, not a local one. Now it is possible there will be inflation setting in but I doubt the powers that be will allow that to happen... If you are concerned about it, buying non-liquid assets are the thing to do - a house will still be worth \"\"1 house\"\" no matter what a 1-million rouble note will buy you in a year's time. Similarly, you can invest in 'blue-chip' stocks that should be a good hedge against any further inflation (the rich don't tend to turn poor in difficult times!) In the meantime, get some international clients - as the Rouble is so low, relatively speaking, your services are very competitive. The rest of the time, is to wait it out a little - nobody knows what will happen, but in my knowledge of history interest rates like this drop back to something much closer to normal quite quickly.\""}
{"_id": "305135", "title": "", "text": "This answer is specifically for the UK, but one building society has an account set up specifically for this. You actually refer your friend/family member to set up an account and then it can be linked to your mortgage. They don't get any interest for their account as it's all offset against your mortgage. If you then happen to give them a cash gift (up to \u00a3250 or possibly \u00a33000 per year, I can't work out which is the reliable number, as of 2015) then it's all completely above board."}
{"_id": "305142", "title": "", "text": "Tons of resources out there for you. Look up guides on wallstreetoasis, vault, or mergersandinquisitions. Think of it this way. People tied to market hours aka trading floors have the best work life balance. The people working extreme hours are those in IB. Those are the guys doing M&amp;A, IPOs, debt issuances etc."}
{"_id": "305143", "title": "", "text": "Eh, they might have a case. If you don't see them side by side\u2014which you won't, because they're sold in two different stores\u2014you might just assume the logo is being changed or something.   Also, a consumer might not realize that either is a store brand; stores have moved away from naming their store brands after themselves, and this is a case in point."}
{"_id": "305153", "title": "", "text": "\"Now, to buy in full (and essentially have zero savings), buy in part (\u00a310000 deposit, followed by a loan of \u00a34000) or PCP/HP more of the value? So, you are assessing if the car is worth having with either none or only 4,000 in savings. This is the most critical information you have provided.   My outright opinion is to always buy a mildly used car as I hate the idea of loans and interest. With the amount of money that you currently possess, I believe the \"\"Buy-in-part\"\" option is best as it reduces your interest liability; but, I don't believe you should do it currently. 4,000 is a rather small cash fund for if something were to go boom in the night.   As for your question of interest: This is completely dependent on the amount you are able to pay per period and the total interest you are willing to spend, rows four and seven respectively. This is your money, and no one can tell you what's best to do with it than yourself. Keep looking for good leasing deals or if you think you can survive financial strife with 4,000 then follow your heart. \"\"Depreciation\"\" fluctuates to the buyer, so never assume what the car may lose in the next 2-3 years. Hope it all goes well my friend.\""}
{"_id": "305164", "title": "", "text": "CashBase has a web app, an iPhone app and an Android app, all sync'ed up. It doesn't integrate with banks automatically, but you can import bank statements as CSV. Disclaimer: I'm CashBase's founder."}
{"_id": "305167", "title": "", "text": "\"Great question, and here is the answer. No. Shares in 401k plans are never registered to an individual while the money is held in the plan. That goes for stock or mutual funds. Technically your account is never \"\"yours\"\" until you request a distribution from the plan.   Most people do not understand this, and it's not the easiest of concepts to understand or be willing to grasp.\""}
{"_id": "305179", "title": "", "text": "Since making loans isn't 'casino banking', I'm going to start a small, regional lending institution that just lends money to people to buy homes.  I really want to open up home ownership to a larger group of people, maybe those who wouldn't qualify for traditional loans.  I'm just not sure whether to call it Washington Federal or Countrywide Financial."}
{"_id": "305200", "title": "", "text": "The only issue I can see is that the stranger is looking to undervalue their purchase to save money on taxes/registration (if applicable in your state). Buying items with cash such as cars, boats, etc in the used market isn't all that uncommon* - I've done it several times (though not at the 10k mark, more along about half of that). As to the counterfeit issue, there are a couple avenues you can pursue to verify the money is real: *it's the preferred means of payment advocated by some prominent personal financial folks, including Dave Ramsey"}
{"_id": "305222", "title": "", "text": "\"Buying a piece of equipment is not a capital loss.  You now have an asset that you can sell for some percentage of the original price. For most assets, that value decreases over time, and you can \"\"write off\"\" the depreciation of the value each year.   So you can deduct the depreciation of the asset from your business's income, which would then get passed on to your personal taxes (reducing the profit from your business).  If you don't plan to use the equipment for some time, you might be able to depreciate the equipment based on the amount of usage, but I'd check with a CPA in your area to be sure.\""}
{"_id": "305226", "title": "", "text": "\"Assume they do not overwithhold. You pay in $500/mo, and every time it hits $3000, they pay the tax. Engineers call this a sawtooth function, it looks like this.  The average balance is not $3000, but close to $1500. The very simple math is $1500 * rate * years.  It looks like your equation except it's not 58, it's just the years. And the question is whether you can make more than $850 on $1500 average before you sell. I wouldn't be so quick to plug in 29 years, as the average home ownership is 7 years, and depending, who knows if a refinance is in your future?  The bottom line - How long would it take you to get a 57% return (2350/1500)? Ironically, the most responsible (and risk averse) person would say \"\"decades. Banks offer less than 1%.\"\" even an 8% market return, while not guaranteed, is close to 7 years. But, if you carry 18% credit card debt, you can pay it down a bit each month and let it float back up every 6 months. Less than 4 years to break even.\""}
{"_id": "305234", "title": "", "text": "Being curious is fine, but ascribing any special import to a GM ingredient, as opposed to the product of hybridization, or artificial selection, is silly. That specific question is not actually meaningful in any way whatsoever.  And once again, I fully support the right of people to have answers to their asinine questions. Calling it asinine doesn't work against the goal of transparency."}
{"_id": "305242", "title": "", "text": "Cycle analysis indicates that the current bear market, which began in May/June, should last until late 2016 / early 2017. So if you want to trade the short side, then it's a great time to be short for the next 15-18 months."}
{"_id": "305274", "title": "", "text": "Cash would be the better alternative assuming both stocks take a major hit in ALL categories AND the Fed raise rates at the same time for some reason. Money market funds that may have relatively low yields at the moment would likely be one of the few securities not to be repriced downward as interest rates rising would decrease bond values which could be another crash as I could somewhat question how broad of a crash are you talking here. There are more than a few different market segments so that while some parts may get hit really hard in a crash, would you really want to claim everything goes down? Blackrock's graphic shows in 2008 how bonds did the best and only it and cash had positive returns in that year but there is something to be said for how big is a crash: 20%, 50%, 90%?"}
{"_id": "305287", "title": "", "text": "Something very similar to this was extremely popular in the UK in the late 1980s.  The practice has completely vanished since the early 2000s.  Reading up on the UK endowment mortgage scandals will probably give you an excellent insight into whether you should attempt your plan. Endowment mortgages were provided by banks and at their peak were probably the most popular mortgage form.  The basic idea was that you only pay the interest on your mortgage and invest a small amount each month into a low fee endowment policy.  Many endowment policies were simply index tracking, and the idea being that by the end of your mortgage you would have built up a portfolio sufficient to pay off your mortgage, and may well have extra left over. In the late 1990s the combination of falling housing market and poor stock performance meant that many people were left with both the endowment less than their mortgage and their house in negative equity."}
{"_id": "305305", "title": "", "text": "\"Yeah I'm not too sure either, but in response to your edit, this is what got me wondering even more, enough to post this question. Last year was a rough year. Growth was flat in many regions. Still, I heard salesfolks complaining about bonuses. I had the same reaction as you-- \"\"why would you get a bonus?\"\" But then I started thinking perhaps some amount is guaranteed.\""}
{"_id": "305316", "title": "", "text": "I believe the law was originally introduced to preserve competition in the market - smaller companies with very good products can't compete with someone who can leverage their monopolist position in other markets (= high market share, unrelated to the number of competitors) in promoting possibly inferior products in other markets. Google has hundreds of millions of their search engine users in the EU alone.  It should not affect normal competition since the law only applies across different markets."}
{"_id": "305317", "title": "", "text": "For being a real estate billionaire and businessman, it's ironic he's kept unusually quiet about this monumental issue. My understanding is he's had (and has) the opportunity to stop the quarterly sweep/theft with one call to his Treasury Secretary, but so far chose not to.   And for someone that seems committed to reversing most anything implemented by his predecessor, it's frustrating he's not all over this."}
{"_id": "305322", "title": "", "text": "Chipotle is not some huge chain that impacts American's total consumption of beef. Shit.. they only have like 5 menu items anyway. The place is for tools who like to pretend eat healthy. Next we'll hear Panara Bread is driving the nation to sustainable agriculture. Antibiotic free meat does not have a large market in the US. Sure... that tiny market may be growing, but it's comparable to preaching that Apple is about to overtake Microsoft.   Without legislation people will NOT make the right decision. They will eat what's cheap. Just look at the numbers. McDonalds rules fast food with low quality dirt cheap burgers. When Chipotle makes a dollar menu then they might have a real impact."}
{"_id": "305342", "title": "", "text": "\"&gt; no one knows because a QE program of this size has never ever been unwound.   The Japanese know.  Admittedly, they're not the Fed, but they're targeted to compose ~8% of the SDR through 2020 (down by way over half from their pre \"\"lost decade\"\"s).  The Japanese ended up with their central bank directly participating in the stock market.  When central banks are the arbiter of market efficiency, you end up with distortions, a la Kobe Steel.    Good luck with that, America.\""}
{"_id": "305346", "title": "", "text": "Since 2007 the world has seen a period of striking economic and financial volatility featuring the deepest recession since the 1930s despite this gold has performed strongly with its price roughly doubling since the global financial crisis began in mid-2007. 1. Gold and real interest rates: One of the factor that influences gold prices is real interest rate which is to some extent related to inflation. Since gold lacks a yield of its own, the opportunity cost of holding gold increases with a real interest rate increase and decreases with a fall in real interest rates. 2. Gold and the US dollar: The external value of the US dollar has been a significant influence on short-term gold price movements. The IMF estimated6 in 2008 that 40-50% of the moves in the gold price   since 2002 were dollar-related, with a 1% change in the effective   external value of the dollar leading to a more than 1% change in the   gold price (Source).  3. Gold and financial stress: It is a significant and commonly observed influence on the short-term price of gold. In periods of financial stress gold demand may rise for a number of   reasons:  4. Gold and political instability: It is another factor that can boost gold prices. Investor concerns about wars, civil conflicts and international   tensions can boost demand for gold for similar reasons to those noted   above for periods of financial stress. Gold\u201fs potential function as a   \u201ecurrency of last resort\u201f in case of serious system collapse provides   a particular incentive to hold it in case the political situation is   especially severe. (Source) 5. Gold and official sector activity: The behaviour of central banks and other parts of the official sector can have an important impact on gold prices.  One reason for this is that central banks are big holders of gold,   possessing some 30,500 metric tons in 2010, which is approximately 15%   of all above-ground gold stocks. As a result, central bank policies on   gold sales and purchases can have significant effects, and these   policies have been subject to considerable shifts over the decades. (Source)   (Source of above graphs)"}
{"_id": "305360", "title": "", "text": "\"I looked at data from Sept 2010 to present: Standard deviation is what shows the spread shape of returns over time, and it meanS that about 2/3 of the time, AAPL return was within +/- 1.65 higher/lower than the daily average return which was .21 %. Not sure where to go with this except to suggest that in fact, AAPL is more volatile than the S&P and even another random tech company. With time, I'd probably come up with a list of stock more volatile. I know that when I look at a list of stocks I track on Yahoo, there are always a few that are just as volatile on a given day.  Excel makes the above analysis easy to do for a given stock, and it's actually an interesting exercise, at least for me. Disclaimer - the shape of stock returns is not a bell curve, and STdev is just a best fit.  Edit - given more time to tinker on excel, it would be interesting to see how the stock's volatility tracked over the years, did it increase or does it feel that way due to the high price? A $20 swing on a $600 stock is the same as a $2 swing on a $60 stock, yet \"\"up $20\"\" sounds huge.\""}
{"_id": "305376", "title": "", "text": "Many would suggest that Trump's strategy for trade is outdated and there are the sensational claims he's an isolationist or nationalist. Whatever you want to call him. I believe he is trying to create jobs and a self relying economy within our own country and simply put he is putting our needs first. Instead of focusing on multilateral trade agreements he uses his bilateral strategy to negotiate. He is after a businessman and not a politician. I think its too early to tell if his trade stance is consistent with economic growth. Whatever we were doing was not working."}
{"_id": "305380", "title": "", "text": "Millennial here. I second this, ads have become so annoying in many platforms and often I feel as if they make me less likely to buy something (potentially psychology says otherwise). However, I do often find myself watching a video online when its interrupted by an ad mid way whereby  I usually stop watching the video and go to something else."}
{"_id": "305387", "title": "", "text": "These executives are usually well aware because they've seen the surveys and other data. They say this bullshit to calm the herd internally until an actual plan is put in place.    It's more for the employees than the consumers. A mass exodus of staff would cripple them before than they can adapt."}
{"_id": "305432", "title": "", "text": "You're eligible to do whatever you please, regardless of what you owe as long as you're in a payment plan approved by the IRS which you follow religiously.  That said, let me incorporate some of the comments, as they're important: ChrisInEdmonton said: Note that almost all such 'opportunities' are scams. In order to   provide a complete answer, you'll need to explain the terms of your   installment agreement with the IRS. Also, just curious. If you have   the money to start up a business, why aren't you using it to pay back   the money you owe John Bensin added: I strongly recommend you read through a few links on work-at-home   scams, e.g. fraud.org, forbes, Wikipedia, and the FTC   before joining something like this, to be safe"}
{"_id": "305447", "title": "", "text": "&gt;It wasn\u2019t until the late 1890s that a small German drug and dye factory called Bayer properly synthesized aspirin\u2019s various ingredients into a single drug. (Bayer faced stiff competition from another extremely popular new pain reliever called heroin.)  this part made me chuckle."}
{"_id": "305467", "title": "", "text": "\"As a casual gamer who is also politically involve, the lack of mandatory spying was its winning \"\"feature\"\" for me.  I don't particularly trust Sony (the rootkit cds &amp; credit card thefts killed that), but they weren't trying to actively spy with a mandatory internet connection and always on kinnect.\""}
{"_id": "305470", "title": "", "text": "I do this all the time with around 5 credit cards (Chase Slate, Bank of America, Capital One, Barclay Card, and Discover). They will all send me balance transfer checks every month with rates ranging from 0% to 5%. Chase has some of the best rates (0-2% for 16 months). BofA has the best APRs, in case I need to keep the balance on for several months after the transfer expires. Generally you don't need to jump through hoops to get the money in your bank account. They will usually either wire it directly or you can just deposit the check. Do make sure you read the fine print on the offer. Most of the time, the offer will show up as a standard balance transfer. Sometimes, they may designate one of the checks as cash advance with much higher rates. Always double check the transfer fee and post-expiration APR. Recently did it with Barclay Card and Bank of America, both at 2% for 12-18months."}
{"_id": "305477", "title": "", "text": "Nothing is going to make repeat the sensation that a player has when entering a physical casino for the first time and try luck in some of the games. If you are a passionate player and often visit your malaysia sports betting, you will surely be noticed by the staff and you will have a sense of comfort when you enter through the casino website."}
{"_id": "305509", "title": "", "text": "Co-signing is not the same as owning. If your elderly lady didn't make any payments on the loan, and isn't on the ownership of the car, and there was no agreement that you would pay her anything, then you do not owe either her or her daughter any money. Also the loan is not affecting the daughter's credit, and the mother's credit is irrelevant (since she is dead). However you should be aware that the finance company will want to know about the demise of the mother, since they can no longer make a claim against her if you default. I would start by approaching the loan company, telling them about the mother's death, and asking to refinance in your name only. If you've really been keeping up the payments well this could be OK with them. If not I would find someone else who is prepared to co-sign a new loan with you, and still refinance. Then just tell the daughter that the loan her mother co-signed for has been discharged, and there is nothing for her to worry about."}
{"_id": "305516", "title": "", "text": "The point of that question is to test if the user can connect shares and stock price.  However, that being said yeah, you're right. Probably gives off the impression that it's a bit elementary. I'll look into changing it asap."}
{"_id": "305520", "title": "", "text": "\"You also want to make sure that the loan is being re-amortized (sometimes called \"\"recasting\"\").  Without this, you are still responsible for the interest payments according to the original amortization table.  If you re-amortize the loan with a principal that is lower than on the table, you will reduce the amount of interest you owe each period, which means that if you maintain the same payment you will pay less in total interest.  It's important to realize that most people re-amortize to reduce the payment amount but not the term.  Also, not all loans can be re-amortized, and some banks limit how often it can be done.\""}
{"_id": "305523", "title": "", "text": "I'm sorry for adding another answer @MatthewFlaschen but it is too long for a comment. It depends on the situation. Say you buy shares of the Apple Inc. and want to know what is the lost opportunity cost. You need to find out what other opportunities are. In other words what are the other possible types of investments you consider. For example in theory you could try to invest in any company from S&P 500, but is it really possible (I don\u2019t mean investing directly in index) . Are you really capable of researching each company.  So in your case you would consider only a few companies as alternative solutions. Also after different time period each choice may be your lost opportunity cost.  To measure the risk you have to: In conclusion I want to say that my goal was to picture in general how the process looks. Also this is just an exemplary answer. All is about in what finance field you are interested. For example in one field you use Internal Rate of Return and in other Value at Risk. Opportunity cost is to vague to exactly tell how measure its risk of wrong anticipation. It connects in every finance field and in every field you have different ways do deal with it. If you specify your question more, maybe someone will provide a better answer."}
{"_id": "305539", "title": "", "text": "\"When you say that the problem is \"\"high supply but no demand\"\" you are actually correct. Here's why:  The phrase \"\"borrow/spend less, save more\"\" isn't an absolute law. It's more of a cautionary tale. Obviously, spending is an integral part of an economy: it accounts for at least 50% of every transaction! But the aphorism is getting at something other than admonishing people to not spend. The point of the saying is that interest rates should reflect savings rates.   What it comes down to is the how the law of supply and demand applies to the relationship between savings and interest rates. Consider this thought experiment: in a world where everybody saves 50% of their income, what would happen to interest rates? Banks would have a glut of savings, relative to the population. Assuming demand remains constant, interest rates would go down: the price of borrowing goes down as the supply of money to be borrowed increases. Thus a corollary of the law of supply and demand is that as savings increase, interest rates tend to go down.   So, as savings increase, the economic environment encourages capital improvements. Businesses can borrow at lower rates and increase long-term productive capacity. This is what the federal reserve has attempted to do by lowering the Fed Funds rate to near zero and by Operation Twist: increase economic activity through low borrowing costs.   So, what's the problem? When interest rates are artificially low there are no savings to support the production later in time. A company that borrows at a 1% rate created by the feds can build a factory to make widgets, but it will have a hard time selling that widget to a population with a negative net worth. However, if the 1% rate is \"\"natural\"\", then the company should be fine: the savings of the population should support the production from his widget factory.   For about 30 years we have experienced a credit boom in this country that was not created by excess savings. This trend couldn't continue forever. Look around you. At the end of the day, an economy is simply a group of people getting together to buy and sell stuff and services. Right now there is a lot of debt, and little cash. Who will be doing the buying?\""}
{"_id": "305544", "title": "", "text": "\"The SEC requires a certain format when submitting filings, which generally does not line up with how documents are typeset for printing.  Rather than typeset the entire document again, it's just sort of accepted that the format in EDGAR will suck.  Typesetters actually call the process \"\"EDGARizing.\"\"  (I'm not making this up, I used to work in the department at a mutual fund company that put together the financial reports for the funds.)  My guess is it's a relic from legacy systems at the SEC that can't handle newer formats like PDF.\""}
{"_id": "305578", "title": "", "text": "\"As someone that works in and with the ag and commodity markets, my understanding, is limited but I hope it helps.   Aside from needing an infrastructure built to maintain the vast amounts of data, communication, pricing, banking information, having a closing time for our markets helps to ensure value and fair trade. Capitalism is centralized around creating a fair value for ventures to sell, where prospective buyers opt to purchase or invest. For example, where I attended university, there were many coffee shops close to campus, but only one stayed open all night, and as such had operational cost much higher than other shops, forcing them to charge more for a cup of coffee. While this example is crude, the idea is the same. By maintaining\"\"bank\"\" hours, product or strategies and developments meant to increase projected value are allowed to occur.   I imagine that if the markets did not close, my coffee prices would skyrocket for an increased demand, that of which the supply chsin, and farmers, would struggle to meet. The same would be said of grain, salt, oils, etcetera.\""}
{"_id": "305579", "title": "", "text": "Western Union, Money to India, Remit to India are some of the services that specilize in remittance and would be cheaper than an International Wire.   There is not tax for transfering your own money earner outside India into India.  Edit: The business of Remittance is bought into the Service Tax Net by Govt. It is seen that Banks are offering this as a service and hence the tax to Banks which is passed on to customers. 0.12% of tax on the converted amount. IE if you transfer Rs 1,00,000/- you would need to pay a tax of Rs 120/-. Above Rs 1,00,000 the incremental rate is 0.06%"}
{"_id": "305581", "title": "", "text": "\"Stop trying to start a civil war on a shitty \"\"sob story\"\".  Blaming your employer is the most piss poor excuse you can make for being a mediocre peasant.  No one ever said you had to work for all the shitty employers that you claim to have had.  You have the ability to find other work, you're laziness just disallowed it.  If you hate your job, become its competition; don't sit on reddit and arouse yourself to other mediocre peasants jerking off to you're second class pitied rhetoric.   You probably have never felt a woman either, bitch.\""}
{"_id": "305600", "title": "", "text": "With trillion dollar plus deficits, it's not like we're running an austerity program here.  When you say sacrifice, compared to what?  Two trillion dollar deficits?   Your observation of constant predictions of imminent doom is valid. The timeline has been extended by a series of bubbles- market, housing, fiscal deficits...  The shortcoming of doom prognosticators is that they underestimate the willingness of those in power to do whatever it takes to prolong the status quo, regardless of the long term consequences.   The game is perpetuated by ever increasing debt, and government became the borrower of last resort once the rest of the economy was tapped out.  The govt's ability to continue along this course in the open market is questionable as the Fed appears to be monetizing a large portion of newly issued debt.  The end game is a currency crisis.  It's nice to have a timeline accompanying a prediction, and critical for investing, but it is often very difficult to do, and in this case, it has been extremely difficult because the policy decisions have been rational from the perspective of elites maintaining their status, but not optimal from the standpoint of solving the problem.  That doesn't mean the predictions are useless though.  You could live in a flood zone and not be able to predict with accuracy when the next flood will occur, but that doesn't mean you shouldn't prepare.  Given the uncertainty with timing this, it seems to me the best course of action is not to try to time it, especially with respect to investing based on market timing, but to prepare the best you can for what will inevitably eventually occur."}
{"_id": "305604", "title": "", "text": "\"No, Skiffbug is not English.   Second, it's very clear that the type of method considered \"\"special\"\" by the tax code is clearly not labor, but capital gains and gains from \"\"carried interest\"\".  If you actually take 3 seconds to read my comment, I am saying both should be treated in exactly the same way, and taxed at the same progressive scale.\""}
{"_id": "305617", "title": "", "text": "No. An HSA is similar to an IRA, in that it's an individual account. I'd suggest you use hers for all expenses and make new deposits to yours until your wife's HSA is depleted."}
{"_id": "305619", "title": "", "text": "Depends on your location, bought shoes online and they didn't fit. My local store wouldn't take a return on them. They claimed they were not connected to the main footlocker network. This was a couple of years ago, I hope things have changed since then."}
{"_id": "305623", "title": "", "text": "In Malaysia, the company provides the best Wedding Videography, it's far telling a tale and capturing the emotion and believing in the strength of imagery, image taking, and storytelling even as imparting a memorable enjoy. We recognize that your wedding cinematography is the most special day of your existence and we devote ourselves to imparting you with the highest best carrier reminiscences. Now, we suppose you may agree the result is a wedding film that makes your perfect day the correct memory. Real size films, shooting real Romance, Emotion, And Laughter."}
{"_id": "305633", "title": "", "text": "If you happen to be looking around one of the most secured business investment Opportunity, Franchise Business investment Opportunity is one of the best options to look at. A franchise is a single platform where you can explore your area of interest and nurture it safely. Moreover, it gives you the opportunity to step ahead with the world's leading companies, and earn a market reputation easily."}
{"_id": "305658", "title": "", "text": "When you take a sound and lighting hire from any company, the services of a professional technician included in the cost? In almost all cases, the professional services are separate, as they are not always needed. In The United Kingdom, you can take Sound &amp; Light Hire from our company. However, you may be able to negotiate a deal and get either the equipment or the services at an affordable price."}
{"_id": "305671", "title": "", "text": "It is literally what he said, and yet folks here are quick to note that it is certainly not what he meant.  The 7 years aspect is not the unusual part here. The unusual aspects are:   - It has been in a bubble for as long as it has existed, and will continue to be in such a state indefinitely.     - It doesn't have an underlying intrinsic value.  I think you'll agree that this is somewhat less commonly seen.  (For clarity, I don't believe either of those statements to be true, but this is what many of the folks calling Bitcoin a bubble actually believe. See [Alan Greenspan](http://www.koreaherald.com/view.php?ud=20131205000421) and [Warren Buffet](https://www.cnbc.com/2014/03/14/buffett-blasts-bitcoin-as-mirage-stay-away.html)'s positions on the topic for example.)"}
{"_id": "305676", "title": "", "text": "\"In general there are two types of futures contract, a put and call.  Both contract types have both common sides of a transaction, a buyer and a seller.  You can sell a put contract, or sell a call contract also; you're just taking the other side of the agreement.  If you're selling it would commonly be called a \"\"sell to open\"\" meaning you're opening your position by selling a contract which is different from simply selling an option that you currently own to close your position. A put contract gives the buyer the right to sell shares (or some asset/commodity) for a specified price on a specified date; the buyer of the contract gets to put the shares on someone else.   A call contract gives the buyer the right to buy shares (or some asset/commodity) for a specified price on a specified date; the buyer of the contract gets to call on someone for shares. \"\"American\"\" options contracts allow the buyer can exercise their rights under the contract on or before the expiration date; while \"\"European\"\" type contracts can only be exercised on the expiration date. To address your example.  Typically for stock an option contract involves 100 shares of a stock.  The value of these contracts fluctuates the same way other assets do.  Typically retail investors don't actually exercise their contracts, they just close a profitable position before the exercise deadline, and let unprofitable positions expire worthless.  If you were to buy a single call contract with an exercise price of $100 with a maturity date of August 1 for $1 per share, the contract will have cost you $100.  Let's say on August 1 the underlying shares are now available for $110 per share.  You have two options: Option 1: On August 1, you can exercise your contract to buy 100 shares for $100 per share.  You would exercise for $10,000 ($100 times 100 shares), then sell the shares for $10 profit per share; less the cost of the contract and transaction costs. Option 2: Your contract is now worth something closer to $10 per share, up from $1 per share when you bought it.  You can just sell your contract without ever exercising it to someone with an account large enough to exercise and/or an actual desire to receive the asset or commodity.\""}
{"_id": "305721", "title": "", "text": "You may be able to, depending on what state you're in, but it is going to be 10x more complicated than just forming a new LLC. I don't see an advantage to this approach - if you're imagining it will be cheaper, you are imagining wrong."}
{"_id": "305742", "title": "", "text": "Wow, very amused by some of the answers. I will comment on those later. To directly answer your question, here is a link to a brochure that explains the three basic typs and is written in straightforward language. link text That is step one. Step 2 is a question, cheapest when, initially or for long term? Without a doubt term initially is the cheapest. However every 10 years or 20 years it increases in price. As the name term implies it is temporary. Coverage will end at some point, 75, or 80 depending upon plan design chosen. It is possible that if you choose Term you can outlive your coverage and all you have are a bunch of cancelled cheques. Young people with a mortgage, children and other debts should buy a lot of term as the mortgage will be paid off, the kids will no longer be dependent. These needs are temporary. However some needs are permanent. What about leaving a Legacy at Death to a Charity? Insurance is a good solution and can provide a tax deduction too. Term isn't a good fit. Or a business owner wishing to transfer his/her business at death to their children. Taxes will be due and permanent insurance such as Whole Life and Universal Life can be arranged to provide cash to pay tax whenever this happens.  Let me ask you who received 10% in the last ten years on their equity portfolio. Almost zero people did. However a Whole Plan would have generated a guaranteed return of 3.0% plus a non-guaranteed return via dividends that the combined internal rate of return  on a combined basis would be about 5.6% AFTER TAXES. Life a bond portfolio yield. (Internal rate of return is dependent on age at buying, years of investing. All insurance comany software can show you the internal rate of return.) IRR is essesntially: what is the return after tax that you must get to equal the equity or death benefit from a permanent insurance plan. Someone mentioned by Term and Invest the difference. That is what universal life is, Term and Invest the difference except the difference is growing tax sheltered.Outside investments with comparable risk are taxable! There is no easy answer for what type is right, often a combination is. The key question you should ask is How Much Is Enough? Then consider types based upon your needs and budget. Here is a link where you can calculate how much you need. I hope this helps a bit."}
{"_id": "305758", "title": "", "text": "I use Yahoo Finance to plot my portfolio value over time. Yahoo Finance uses SigFig to link accounts (I've linked to Fidelity), which then allows you to see you exact portfolio and see a plot of its historical value. I'm not sure what other websites SigFig will allow you to sync with, but it is worth a try. Here is what the plot I have looks like, although this is slightly out of date, but still gives you an idea of what to expect."}
{"_id": "305770", "title": "", "text": "Options can have a negligible time premium. For American1 calls the time premium is never negative. If it had a negative premium it would be profitable to exercise it immediately. A deep in the money call has a delta of exactly one. That is, it's price movements completely mirror the price movements of the underlying stock. That means an option seller can buy stock and completely hedge his short option position. The seller of the option may be in an position to buy with very little margin and take your money and invest it. For example, consider a stock trading at $7.50, with its January 2014   $4 call option trading at $3.50. For one option, representing 100 shares, a trader could take your 350 dollars and invest it, and only use a small portion of the money to buy the stock on margin. Market-makers can typically borrow money at very low interest rates. If you have high borrowing costs, or are unable to buy on margin, then buying deep in the money calls can be a good strategy. Long story short, option sellers are making money off selling these deep in the money calls even with almost zero time premium. So, in general, there's no way to make money by buying them. 1. An American call is a call that can be exercised at any time up to and including its expiration date."}
{"_id": "305778", "title": "", "text": "No joke. I work for a hospital, and we have several positions in billing that could be gone with the new system we have, but they're still there, looking at every invoice.  I'm not sure at all what the fuck they do. We only need like one coder."}
{"_id": "305791", "title": "", "text": "I am not an accountant. However I am an independent contractor.  When making money, it's best to estimate the taxes. Especially as you make more money.  For two reasons: Your estimates will never be spot on, no worries everything will be reconciled when you file your return."}
{"_id": "305793", "title": "", "text": "\"Which is why we study data, not anecdotes, impressions, and \"\"seems\"\". The numbers are clear, the rich are far richer, and the middle class's incomes have been stagnant for 40 years, while their burdens have grown massively. If you will accept this as true, because it IS true, then all of your questions are answered quite simply. The reason your father and grandfather could support a family on one paycheck is because that paycheck was considerably larger by comparison, and had to pay for many fewer things.\""}
{"_id": "305794", "title": "", "text": "You acquire something because you expect to use it, or because you expect to exchange it for something that you want to use. Gold is a good candidate for storing value because it's rare, it's not easily counterfeited, it's divisible, it's portable, etc.  Contrast this with your favorite currency:  more can be printed up almost at will, etc. Overvaluedness/undervaluedness is only in reference to something else.  How many dollars does it take to buy an ounce of gold?  (About $1,500.)  How many ounces does it take to equal the DJIA?  (About 8.)  How many ounces of silver does it take to buy an ounce of gold?  How many barrels of oil can you buy with an ounce of gold?  Etc., etc. But whatever measure you're using, the value of the gold you have is directly related to the mass of gold you own.  Two ounces are twice as valuable as one ounce. As the old joke goes (no offense to taxi drivers intended!) when your cabbie starts talking about how to get rich with gold, it's probably overvalued.  Sell it all! ;)"}
{"_id": "305804", "title": "", "text": "You've thought it through and you know the risks, so more power to you. I'd only add that recovering from big downdrafts gets harder as you age, and you're also depending on the S&amp;P 500's pretty impressive history to repeat. To me the 6%-9% long-run historical range of S&amp;P 500 returns doesn't match up well with the new era of weaker, 2%-ish economic growth since the early 2000s. Insofar as growth is driven by secular trends such as worsening demographics and fewer productivity advances, you're depending on other factors (globalization driving earnings power, central banks continuing to distort asset prices indefinitely, etc.) to get to that long-run 6%-9%. If the S&amp;P enters a leaner couple of decades, it will be much harder to recover from losses."}
{"_id": "305810", "title": "", "text": "\"I'm not sure what \"\"rents\"\" you are talking about, but corporate profits are completely different from high net worth individuals. And actually, most corporate profits are reinvested (literally) or returned to investors, many of whom are less-than-rich or are institutional investors like pension funds or investment funds who in turn provide those profits to their beneficiaries.   If you are suggesting that the financial industry somehow contributes nothing to society, then you must lack an understanding of the importance of liquidity to a modern economy. For an example of what happens when liquidity dries up, look no further than 2008 or Greece today.   If you want your cell phone, iPad, internet, etc, then you need a financial system because there is no way a company like Apple is getting enough funding to undertake massive projects like the iPod or iPhone without major multi-national banks who can provide the leverage to make it possible. Though Apple is an admittably poor example of this as they are now so wildly successful that they have a huge pile of cash that they actually are hording. Then again, look at the investor outcry that the Apple horde unleashed. As I said, it's bad business to stockpile cash and the investors let Apple know this. So Apple distributed that cash back to investors in the form of a dividend. Much of Apple stock is owned by non-1%ers and they all now have a sweet check for thousands of dollars (on average) in their mailbox due to evil corporate America.\""}
{"_id": "305837", "title": "", "text": "\"This is a fascinating question.  I am posting here only a partial answer because I haven't found official sources.  The upshot appears to be that a Puerto Rico IRA is a wholly different thing from a US IRA, and different rules apply.  This is said most succinctly in this post on the Boglehead forums: US federal tax code and Puerto Rican tax codes are separate. By contributing to a U.S. IRA, you defer US taxes. You need to pay these deferred US taxes, and take an early withdrawal penalty too, if you want to move the asset to PR. Other web pages give similar information, for instance, this post from \"\"Accountant Forums\"\": The Puerto Rico (PR) Internal Revenue Code (IRC) defines a Puerto   Rico IRA (I am assuming that this taxpayer has a PR IRA.). It is   unfortunate that they chose to use the same name as the US IRC   uses. A PR IRA is not a US IRA. It has different tax rules. In   addition, the US IRC defines an IRA as being \"\"a trust created or   organized in the United States.\"\" The US IRC (Sec. 7701) defines   the United States as being the 50 states and the District of   Columbia. The Bogleheads thread also contains a link to a document from a Puerto Rican CPA school which appears to be a FAQ, and says (translated here from Spanish): Thus, any distribution from an IRA established in Puerto Rico does not qualify to be transferred to an IRA established outside Puerto Rico without the imposition of penalty and/or payment of corresponding income tax.  In the same way, the transfer of an IRA established outside Puerto Rico to one established in Puerto Rico also does not qualify as a transfer. It is not clear whether the exact meaning of \"\"transfer\"\" (given as either \"\"transferencia\"\" or \"\"traspaso\"\" in the document) corresponds to the US usage of IRA transfers (i.e., nontaxable events); some information I found indicates that the end of the quote above might be translated as \"\"does not qualify as a rollover\"\".  In any case, it seems that moving an IRA to or from Puerto Rico at least potentially has tax consequences.  There is also a previous question on this site which likewise says \"\"You cannot transfer or rollover an IRA that was established in PR to USA and vice versa\"\". These are not exactly authoritative sources, but they all seem to point towards the same conclusion, namely that you won't be able to avoid taxation on your IRA by moving to Puerto Rico.  Of course, I am no expert.  To be sure, you would have to talk to an accountant versed in the tax laws of both Puerto Rico and the incorporated US (and probably also whatever state you'd be moving from, to be on the safe side.)\""}
{"_id": "305855", "title": "", "text": "I think you're missing several key issues here. First for the facts: IRA contributions are $5500 a year maximum (currently, it changes with inflation), i.e.: you cannot deposit $10K in an IRA account in a single year. IRA withdrawals can only be made if you have something liquid in the IRA. You cannot withdraw from Lending Club IRA unless you manage to sell the notes currently held by you there. Roth IRA is funded with after-tax money, and you can withdraw your deposits in Roth IRA any time for any reason. No 10K limit there, only limited by what you deposited. However the main thing you're missing is this: You can withdraw up to $10K from your IRA for first home purchase without penalty. Pay attention: not without tax but without penalty. So what is the point in depositing $10k into IRA just to withdraw it the next year?"}
{"_id": "305859", "title": "", "text": "Here's a sneak peek of /r/iamveryrich using the [top posts](https://np.reddit.com/r/iamveryrich/top/?sort=top&amp;t=all) of all time!  \\#1: [This guy just graduated highschool.](http://imgur.com/SD97y6T) | [27 comments](https://np.reddit.com/r/iamveryrich/comments/6ndqxe/this_guy_just_graduated_highschool/)   \\#2: [My kid will drive a Lamborghini to school](https://i.redd.it/4w4zsdtztkxy.jpg) | [13 comments](https://np.reddit.com/r/iamveryrich/comments/6b7vus/my_kid_will_drive_a_lamborghini_to_school/)   \\#3: [No jokes on my watch](https://i.redd.it/3p7xtoa5tbwy.jpg) | [3 comments](https://np.reddit.com/r/iamveryrich/comments/6a08qg/no_jokes_on_my_watch/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^Now ^^with ^^97% ^^less ^^bold ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "305862", "title": "", "text": "\"I'd recommend hitting the loan the hardest, but getting something invested as well. It's tempting to see these decisions as binary, so it's good to see you wondering if a \"\"mix\"\" is best.  I admit to being a spreadsheet junky, but I think this is a good candidate for working up various scenarios to see where the pain/pleasure point is and once you've identified it, move forward with it (e.g., let's say it's a 10K lump sum you're dealing with, what does 5k on the loan and 5k invested look like over the next 6 months, 12 months, 24 months (requires assumptions on investment performance)? What about 6K loan, 4K invested? 7K loan, 3K invested? etc)\""}
{"_id": "305863", "title": "", "text": "\"Other individuals answered how owning an REIT compares to an individual real estate investment, but did not answer your second question as readily, \"\"are REITs a good option to generate passive income for awhile?\"\". The \"\"awhile\"\" part is quite important in answering this question. If your intentions are to invest for a relatively short time period (say, 7 years or less), it may be especially advantageous to invest in a REIT. The foremost advantage comes from significantly lower transaction fees (stock/ETF trades are practically/potentially free today) compared to purchasing real estate, which involves inspection+titling fees/taxes/broker fees, which in a round-trip transaction (purchase and sale) would come to ~10%. The secondary advantage to owning a REIT is they are much more liquid than a property. If you wanted to sell your investment at a given point in time, you can easily log into your brokerage and execute your transaction, while liquidating an investment property will take time on market/potentially tossing tenants/fixing up place, etc. On the other hand, illiquid investments have generally yielded higher historical returns according to past research.\""}
{"_id": "305878", "title": "", "text": "People should actually be able to ask anything they want for something they do. I am sure it was agreed before the case started they would get a percentage of the settlement. Too bad could not just give them 16 million in ticket master credit though.  How many clients do the lawyers have? Hundred-thousands? I am sure it is also more than one lawyer, not to mention their clerks etc. Look at when the claim filed, 2003? So 9 years almost of working on a case? I know they have not worked totally on this case but still. This price seems totally reasonable to me. Even if it is not reasonable the clients agreed to it."}
{"_id": "305894", "title": "", "text": "I'd suggest looking at something like the Dummies series of books for this.   Something like: Sometimes the books are combined into one big book.  This would be the best bet.  It's were I started.  Every time I wondered something I just looked it up and learned. They are perfectly fine for the novice. Hope this helps."}
{"_id": "305901", "title": "", "text": "\"It's a problem from hell because all solutions have drawbacks/unintended consequences and because they are all pretty complex to implement in practice.  Breaking up the big banks so that no bank is enough to bring down the economy with it is the strongest move, but is riddled with problems when you start looking at it practically. How do you determine the \"\"maximum size\"\" a bank should have? Should it be based on assets? Systemic importance (i.e. interconnectedness with other banks)? How do you enforce it? Banks will find ways to offload assets, etc. into special purpose corporations to get around the laws somehow. How do you compensate for the fact that size does help financial efficiency in some ways?  Imposing higher capital requirements is the next solution. But that too is not so easy to implement with full success in practice. What should be classified as a low-risk asset? How much capital do you require against a CDO vs a Mexican government bond? How often do you need to revise these standards? At what point does the cost of higher capital requirements start to strangle lending and financial flows?  The weaker maneuvers are things like constant government-imposed stress tests, orderly resolution mechanisms, higher standards for internal risk management practices, etc. but those may not be adequate and also have their implementation problems.\""}
{"_id": "305904", "title": "", "text": "From strictly a gross revenue point of view, the parking spot is going to yield a higher rate (5.4%) versus a 3% savings account, assuming you have it rented all year. Your break-even point (not considering other expenses) is 7-8 months of rent per year. So, what are things to consider? Here's a few to start with. The parking spot is a nice investment in that you get a decent return, and the potential for appreciation. The savings account/CD will give you a fixed return with no risk.  To support your decision, make sure you understand all of the costs and understand all of the downside risk. If you're 50 and this is alot of money to you, be conservative. If you're 25 and have a good job, you can afford to chase the yield."}
{"_id": "305905", "title": "", "text": "They specifically told everyone who bought that particular model that that's what they did (encouraging them to upgrade naturally) and they did it so they had 5 models with 4 battery designs, it's also not a $40k difference between the old 60 and the 75... so what?"}
{"_id": "305907", "title": "", "text": "To transfer US$30,000 from the USA to Europe, ask your European banker for the SWIFT transfer instructions.  Typically in the USA the sending bank needs a SWIFT code and an account number, the name and address of the recipient, and the amount to transfer.  A change of currency can be made as part of the transfer.   The typical fee to do this is under US$100 and the time, under 2 days.  But you should ask (or have the sender ask) the bank in the USA about the fees.  In addition to the fee the bank may try to make a profit on the change of currency.  This might be 1-2%.    If you were going to do this many times, one way to go about it is to open an account at Interactive Brokers, which does business in various countries.  They have a foreign exchange facility whereby you can deposit various currencies into your account, and they stay in that currency.  You can then trade the currencies at market rates when you wish.  They are also a stock broker and you can also trade on the various exchanges in different countries.  I would say, though, they they mostly want customers already experienced with trading. I do not know if they will allow someone other than you to pay money into your account. Trading companies based in the USA do not like to be in the position of collecting on cheques owed to you, that is more the business of banks.  Large banks in the USA with physical locations charge monthly fees of $10/mo or more that might be waived if you leave money on deposit. Online banks have significantly lower fees.  All US banks are required to follow US anti-terrorist and anti-crime regulations and will tend to expect a USA address and identity documents to open an account with normal customers.   A good international bank in Europe can also do many of these same sorts of things for you. I've had an account with Fortis. They were ok, there were no monthly fees but there were fees for transactions.  In some countries I understand the post even runs a bank.  Paypal can be a possibility, but fees can be high ~3% for transfers, and even higher commissions for currency change.  On the other hand, it is probably one of the easiest and fastest ways to move amounts of $1000 or less, provided both people have paypal accounts."}
{"_id": "305914", "title": "", "text": "As long as you paid 90% of the taxes you owed, you are good, and there will be no negative consequences. These calculations are supposed to help you find the right amount, not to bind you to it, so you don't need to worry too much about exactness. The most common problem is that people underpay, and not come up to the 90% limit (and don't have the cash to pay when tax-day comes). If you happen to come in under 90% (which will come out when you file taxes), you will owe interest for the underpayment (as you should have paid it some time ago); typically 0.5% per month; also up to 10% in addition, depending on the situation. This is expensive, so you should avoid it; and playing to hit 90.01% is dangerous - better try to hit about 100% and use the 90% limit as safety margin, as intended."}
{"_id": "305920", "title": "", "text": "I'll compare it to a situation that is different, but will involve the same cash flow.  Imagine the buyer agrees that you buy only 70% of the house right now, and the remaining 30% in 7 years time.  It would be obviously fair to pay 70% of today's value today, pay 30% of a reasonable rent for 7 years (because 30% of the house isn't owned by you), then pay 30% of the value that the house has in 7 years time. 30% of the value in 7 years is the same as 30% of the value today, plus 30% of whatever the house gained in value.  Instead you pay 70% of today's value, you pay no rent for the 30% that you don't own, then in 7 years time you pay 30% of today's value, plus 50% of whatever the house gained in value. So you are basically exchanging 30% of seven years rent, plus interest, for 20% of the gain in value over 7 years. Which might be zero. Or might be very little. Or a lot, in which case you are still better off.   Obviously you need to set up a bullet proof contract. A lawyer will also tell you what to put into the contract in case the house burns down and can't be rebuilt, or you add an extension to the home which increases the value.  And keep in mind that this is a good deal if the house doesn't increase in value, but if the house increases in value a lot, you benefit anyway. A paradoxical situation, where the worse the deal turns out to be after 7 years, the better the result for you. In addition, the relative carries the risk of non-payment, which the bank obviously is not willing to do."}
{"_id": "305946", "title": "", "text": "It's nearly always a good idea to save for your future, if you don't already have sufficient funds to see out the rest of your days. The hardest part of the saving decision is knowing exactly what portion of your funds to save. If we save too aggressively, we risk having an adverse impact on our everyday life and, of course, there's always the possibility that we'll never make it to old age. But if we don't save, we risk the prospect of a poverty stricken retirement. It's not always easy to find a balance. The best solution is to make so much money that we cannot possibly spend it all!"}
{"_id": "305954", "title": "", "text": "\"There is no way to stop any merchant from setting a recurring charge flag on a purchase. According to the following article, Mastercard and Visa encourages merchants to use this feature and even give them a better rate. I have found it impossible to stop these unauthorized transactions.  The article sites that the merchant is allowed to march the charges across expired cards to find a good card that you might have as well as the article states they can cross banks to find you if you have the same type of card. Virtual account numbers will not protect you. Sorry but the only solution I have found is to close the account with the bank and move to a different type of card, mastercard to visa, or vice versa. This will only protect you for one move ,because if you have to do this again. Merchants that you thought were forgotten even years later will find you and post a charge legally. Virtual numbers from Mastercard or Visa won't stop them.   I believe this is the number one reason for credit card fraud for consumers. There is no reason for a merchant to let anyone off the hook when the credit card company will side with them.  The article below does state that Mastercard does have a \"\"stop recurring payment\"\" flag.  Apparently no CSR tht I have talked to knows about it when I have asked to get a problem fixed. I have found that the only way to stop these charges from happening is to close all my visa and mastercard credit cards, pay with a check that you write and mail or a PayPal one time payment that is sent to pay for an invoice.   Recurring Credit-Card Charges May Irk Consumers\""}
{"_id": "305963", "title": "", "text": "Switzerland had to found a special Bank in Frankfurt which acts as an interface to SEPA. The major Swiss banks ran trading and back office ops from the UK. This will move. They has to cooperate with both the US and the EU regulations now. Switzerland as banking has most definitely decreased is size."}
{"_id": "305980", "title": "", "text": "Right. It's free market when it works, and help subsidise me when it doesn't.  This tax is already paid by European airlines operating in Europe; and European airlines have to pay American taxes when they operate in the USA. The finding was that *American* airlines have to pay *European* taxes when they operate in Europe.  However you're right that *this* could be the straw that broke the camel's back, you're wrong that we need to let Americans preserve their delusions. Let it crumble, and maybe the shareholders of the survivors will assassinate the next CEO who recommends a race to the bottom.  By the way, [of course the TSA consults airlines](http://www.tsa.gov/press/releases/2011/1004.shtm). I can't imagine why anyone would think otherwise."}
{"_id": "305982", "title": "", "text": "&gt;  If a company is making little to no profit, how about they quit blaming their minimum wage workers and find a better business model.   Then put your money where your mouth is and get out there and create some jobs.  From the SBA  &gt;Page 1  Frequently Asked Questions about Small Business  September 2012  Small businesses comprise what share of the U.S. economy?   Small businesses make up:  99.7 percent of U.S. employer firms,   64 percent of net new private-sector jobs,  49.2 percent of private-sector employment,  42.9 percent of private-sector payroll,  46 percent of private-sector output,  43 percent of high-tech employment,  98 percent of firms exporting goods, and  33 percent of exporting value."}
{"_id": "305983", "title": "", "text": "According to Active Equity Management by Zhou and Jain: When a stock pays dividend, the adjusted price in Yahoo makes the following adjustment: Let T be the ex-dividend date (the first date that the buyers of a stock will not receive the dividend) and T-1 be the last trading day before T. All prices before T are adjusted by a multiplier (C_{T-1} - d_T)/C_{T-1}, where C_{T-1} is the close price at T-1 and d_T is the dividend per share. This, of course means that the price before T decreases."}
{"_id": "305997", "title": "", "text": "\"Many people do not know that bank online bill paying services are not provided directly by the bank. Banks often \"\"farm out\"\" this task to third party providers of bill paying services. These services in turn may farm out the customer service function to agents in foreign countries. These customer service agents have access to your account number, social security number, and your balance. This means that people have your personal information in countries where you have no rights and where security is not good and where enemies of your nation can easily access that information.\""}
{"_id": "306059", "title": "", "text": "It sounds like the postage amount was paid to you rather than returned.  If it had been returned and the payment originated on the card, they would have to return it to the card.  If it was processed as a payment, it looks like someone is giving you money.  PayPal can't credit it to the card, as the sender could request a refund.  If PayPal put the money on the card against a previous payment, then they wouldn't be able to refund.   If they add money to your bank account, then they can withdraw it if a refund is required.   One reason that you might get a payment is if you were being reimbursed for spending money outside of PayPal.  If the amount is more than you originally paid, they can't put it on your card.  They can only refund to the card.  They can't deposit to it.   If you don't want to give them your bank account information, you can just wait until the next time you use PayPal and use your balance to pay.  Then you can bill the remainder to your credit card.   If you don't normally use PayPal and just want your money back, you can process a chargeback through your credit card.  Note that this would probably annoy PayPal, as it costs them aggravation and potentially money.  To do this, you must have paid the postage with your credit card originally.  If you spent money outside PayPal and were reimbursed through PayPal, then there's nothing to chargeback.  In that circumstance, you'd have to accept one of their options:  pay with balance or deposit to bank account."}
{"_id": "306061", "title": "", "text": "China follows a policy to administer withdrawal of Foreign Exchange. One would need to review the relevant rules and regulations and complete the formalities required. At a broad level there is restriction of transferring more than USD 50K per year. More about the rules can be found on SAFE."}
{"_id": "306074", "title": "", "text": "Lets start off with this: You already know you don't like working with the guy and he doesn't give two shits.   &gt;Last month he came to work to tell me he was going to China and that when he comes back he will pump a million into it the business to build a warehouse etc.. but he then wanted me to shut this business down, restart a new business with a ridiculous name he has decided on and give me 20% to run it for him.  Get the money. Sell your business for whatever you can. Get the 20% from him. See where you are and what you want to do next.   Just don't take any risks with him."}
{"_id": "306084", "title": "", "text": "Your withholding is taken out of your pay. So if you do YTD+withholding - you count the withholding twice, that's why it doesn't add up for you. The simple answer is to check your written contract/offer letter. See if it matches what you see, or what you expected to see. If the offer/contract states $36K - check with the payroll person at work why the discrepancy. If you don't have any written proof of the agreed amounts (don't know if it is legal, check local laws on the requirements of documenting employment terms), then it is up to you and your employer to sort it out. However, keep in mind: if you don't have any written proof and the employer is unwilling to adjust - one (judge?) would wonder: you've been getting paychecks monthly, which clearly state that your annual salary is $35K. Why did you wait so long to sort this out?"}
{"_id": "306104", "title": "", "text": "Not that I am aware. There are times that an option is available, but none have traded yet, and it takes a request to get a bid/ask, or you can make an offer and see if it's accepted. But the option chain itself has to be open."}
{"_id": "306116", "title": "", "text": "\"We don't seem to have (m)any expats or Australians on the site yet, but I'll share what I have learned.  I'm taking advantage of your profile information listing you as a software developer.   A friend of mine is currently doing a study of national IT professional societies for his MBA project. One of his goals is to understand which funding models are effective in the absence of mandatory licensing.  (Consider: Most developers don't need to be a member of an organization in order to practice.) Such organizations you or others may be familiar with are the British Computer Society (BCS), the Canadian Information Processing Society (CIPS), or in the U.S. the Association for Computing Machinery (ACM) and IEEE Computer Society (IEEE-CS). To the point: My friend told me recently that the Australian Computer Society (ACS) makes money by assisting the Australian government in determining immigration eligibility.  So I went to the ACS site and started digging:  \"\"The Australian Computer Society (ACS)   is the designated professional   assessing authority for persons   seeking to apply for Skilled Migration   as IT (Computing) Professionals [...]\"\" See ACS's Pre-application Skills Assessment (PASA) page.  That page also links out to the Australian Government's Department of Immigration and Citizenship, in particular to a document titled General Skilled Migration (PDF).  Here are some interesting points I discovered, relating just to fees: The government recommends if you do want professional help to use a registered migration agent.  There will be fees for such an agent.  See MARA - What does it cost to use an Agent?  Currently: AUD1500 - AUD4000, or ~ \u00a3850 - ~ \u00a32270. There will be a fee for the immigration application process itself. See Professionals and other Skilled Migrants visa charges - outside Australia.  Currently: total of AUD 6035, or ~ \u00a33420. Also: \"\"You also need to have your skills   assessed by the relevant assessing   authority as suitable for working in   your nominated occupation.\"\"  (page 7) ... and you need to do that before you even apply.  The ACS Costs and Charges page shows a cost of AUD 400, or ~ \u00a3225, for the PASA (General) application. So, I think the answer is yes, you'd certainly want to have ample savings to cover the red tape stuff; perhaps ~ \u00a36000 judging from the above alone.  Add your travel, moving, and living expenses, etc. Best of luck!  Australia sounds exciting.  (Have you considered Canada? ;-)\""}
{"_id": "306130", "title": "", "text": "The reason for these low interests is that the Japanese central bank is giving away money at negative interests to banks. Yes, negative. So, short of opening your own bank, you'll have to either choose less liquid investments or more risky ones. Get Japanese government bonds. Not a great interest, band not that liquid, but for a 5 years bond you'll do better than the bank can. Get Japanese corporate bonds. Still not great, and a bit more risky, it's better than nothing. Get a Japanese mutual fund. I can't recommend any though. Buy Japanese stock. Many Japanese stock have interesting kickbacks. For example if you buy enough stock of Book-Off you'll get some free books every month. it's risky though because I believe the next NIKKEI index crash is imminent."}
{"_id": "306138", "title": "", "text": "The problem is that at full employment demand in the market is supposed to increase as people spend money. More money in the market means more inflation, but because wages have not risen even at full unemployment inflation is not rising.   If it is not rising the problem is that it might really be deflating, deflation is the enemy of the rich as the price for goods, services and assets decline."}
{"_id": "306144", "title": "", "text": "If an item costs \u00a310 excluding VAT, and you buy it from a VAT registered company, you will have to pay \u00a312. You sell it for any price you like, and you don't add VAT.  Let's say you set the price at \u00a315 and sell 1000 items for \u00a315. You take \u00a315,000, you spent \u00a312,000, you make \u00a33,000 profit in your pocket and you'll pay taxes according to your profits (\u00a33,000). It doesn't really matter that VAT was involved, it just affects the price that you pay.  If you mostly trade with private customers and not with companies, being not VAT registered is a good idea, since by not having to add VAT you can keep your prices lower. It's different if you trade mostly with VAT-registered companies. In that example, if private customers are willing to pay \u00a315 but not more, if you were VAT registered, you couldn't just charge \u00a315 + VAT = \u00a318, because your customers would stop buying. So you'd have to charge \u00a312.50 + VAT = \u00a315 and make less money.  But if you sell to a company, it doesn't make a difference to them if they pay \u00a315 without VAT or \u00a315 + VAT = \u00a318. You have to send the VAT to HMRC, but you can subtract the \u00a32,000 that you paid yourself, so you make \u00a32,000 more profit."}
{"_id": "306149", "title": "", "text": "Fully Paid up Partly Paid up: A company may issue stock to you which is only partly paid up, for example, a company may issue a stock of face value 10 to you and ask you to pay 5 now and other 5 will be adjusted later by some other mechanism. This stock shall be partly paid up. Usually, these stocks are issued in different circumstances, for example as part payment for debentures, preference shares or other capital structuring. On the other hand for a fully paid up share no more money needs to be paid by you or no other adjustments need to be made. So, above, the company is issuing you with stocks for which you will need to pay no further money, they are fully paid for. Authorized Capital: Authorized capital of a company is the amount of money a company can raise by selling stock (not debt, equity). This number is registered when the company is incorporated, subsequently, this number can be revised upward by applying to the registrar of companies. Now, this means that at max. the company is authorized to raise this much capital and no more. However, a company may raise less than this, which is called Issued Capital. In your case, the company is raising its authorized capital by applying to the registrar of companies, though in this case they are looking at their full authorized capital to be issued capital, it was not necessary to do so. Increase of Authorized capital: The main benefit is that the company can get more money in form of equity and utilize the same, perhaps, for expansion of business etc., that is the primary benefit. Bonus Share: Usually, companies keep some surplus as reserve, this money comes out of the profit the company makes and is essentially money of the shareholders. This reserve surplus is maintained for situations, when the money may be required for exigencies. However, this surplus grows over a few years and the company usually the company plans for an expansion of business. However, this money cannot be just taken, as it belongs to the shareholder, so shareholders are issued extra equity in proportion to their current holding and this surplus is capitalized i.e. used as part of the company's equity capital. Bonus declaration does not add t o the value of the company and the share prices fall in proportion (but not quite) to the bonus."}
{"_id": "306163", "title": "", "text": "The device in question, in this instance is parts for a PC. To build the PC you would need the additional parts ordered from New Egg. So anything gotten immediately from Best Buy would have no benefit insofar as timing.  Purchasing items (most likely) made in foreign countries from a multinational conglomerate not based locally paying low wages which contributes to the bankruptcy of actual mom&amp;pop stores supports the local economy how?"}
{"_id": "306166", "title": "", "text": "If inflation is at 2% per annum, in a year you would need \u00a3102 to buy equivalent goods to what you could buy today.  So if you keep your money in a drawer the buying power of your \u00a3100 in a year will be only 100/102 = 98.039% of what it is currently."}
{"_id": "306180", "title": "", "text": "SXL is a Master Limited Partnership so all of the income is pass-through.  Your equity purchase entitles you to a fraction of the 66% of the company that is not owned by Energy Transfer Partners.  You should have been receiving the K-1s from SXL from the time that you bought the shares.   Without knowing your specific situation, you will likely have to amend your returns for at most 6 years (if the omitted amount of gross income exceeds 25% of your gross income originally stated as littleadv has graciously pointed out in the comments) and include Schedule E to report the additional income (you'll also be able to deduct any depreciation, losses etc. that are passed through the entity on that form, so that will offset some of the gains).  As littleadv has recommended, speak with a tax professional (CPA/EA or attorney) before you take any further steps, as everyone's situation is a bit different. This Forbes article has a nice overview of the MLP.  There's a click-through to get to it, but it's not paywalled."}
{"_id": "306186", "title": "", "text": "Packaging is now synonymous with plastics. Almost any type of packaging is incomplete without plastic. It is no wonder a plastic handles manufacturer has good business. It does not matter what the packaging is for. Food products, medicine, veggies, you name it \u2013 plastic packaging seems to be the best answer."}
{"_id": "306189", "title": "", "text": "There are those who would suggest that due to the Efficient Market Hypothesis, stocks are always fairly valued. Consider, if non-professional posters on SE (here) had a method that worked beyond random chance, everyone seeking such a method would soon know it. If everyone used that method, it would lose its advantage. In theory, this is how stocks' values remain rational.  That said, Williams %R is one such indicator. It can be seen in action on Yahoo finance -  In the end, I find such indicators far less useful than the news itself. BP oil spill - Did anyone believe that such a huge oil company wouldn't recover from that disaster? It recovered by nearly doubling from its bottom after that news. A chart of NFLX (Netflix) offers a similar news disaster, and recovery.  Both of these examples are not quantifiable, in my opinion, just gut reactions. A quick look at the company and answer to one question - Do I feel this company will recover? To be candid - in the 08/09 crash, I felt that way about Ford and GM. Ford returned 10X from the bottom, GM went through bankruptcy. That observation suggests another question, i.e. where is the line drawn between 'investing' and 'gambling'? My answer is that buying one stock hoping for its recovery is gambling. Being able to do this for 5-10 stocks, or one every few months, is investing."}
{"_id": "306197", "title": "", "text": "I have been charting the CPI reported inflation rate vs . the yeald on the 10-year T-note. Usually, the two like to keep pace with each other. Sometimes the T-note is a bit higher than the inflation rate, sometimes the inflation rate is a bit higher than the T-note yeald. One does not appear to follow the other, but (until recently) the two do not diverge from each other by much.  But all that changed recently and I am without an explanation as to why. Inflation dropped to zero (or a bit negative) yet the yeald on the 10-year T-note seemed to seek 2%.  Edit: If you give this response a downvote then please be kind enough to explain why in a comment.  Edit-2: CPI and 10-year T-note are what I have tracked, and continue to track. If you do not like my answer then provide a better one, yourself."}
{"_id": "306198", "title": "", "text": "Basically, Our organization arranges the marriage and all of the wedding ceremony features together with wedding videos, wedding cinematography, and wedding videography offerings in Malaysia. Our business enterprise gives the pleasant images, we consider ourselves storytellers, and that\u2019s the identical method we have for Malaysia Wedding cinematic videography. We flow far from the concept that videography has been only a chronological series of wedding occasions"}
{"_id": "306201", "title": "", "text": "In your own example of VW, it dropped from its peak price of $253 to $92. If you had invested $10,000 in VW in April 2015, by September of that year it would have gone down to $3,600. If you held on to your investment, you would now be getting back to $6,700 on that original $10,000 investment. Your own example demonstrates that it is possible to lose. I have a friend who put his fortune into a company called WorldCom (one of the examples D Stanley shared). He actually lost all of his retirement. Luckily he made some money back when the startup we both worked for was sold to a much larger company. Unsophisticated investors lose money all the time by investing in individual companies. Your best bet is to start searching this site for answers on how to invest your money so that you can see actual strategies that reduce your investment risk. Here's a starting point: Best way to start investing, for a young person just starting their career? If you want to better illustrate this principle to yourself, try this stock market simulation game."}
{"_id": "306229", "title": "", "text": "That's what I tell everyone. I make more without my degree than I did with. I also dropped out of high school and somehow made it to grad school and student loan hell. I'd have fared better with my initial plan to be a pot smoking stay at home mom. Now I'm making lots of money getting legal growers compliant."}
{"_id": "306230", "title": "", "text": "No, 100% no.  By your logic, it's OK to just re-purpose any other animal products and add them to hamburger and just discreetly make a memo on the back of the labeling.  Am I for using all the edible parts you can, sure but not at the risk of the consumer being lied to about the manufacturing process."}
{"_id": "306232", "title": "", "text": "\"General advice is to keep 6 months worth of income liquid -- in your case, you might want to leave 1 year liquid since, even though your income is stable now, it is not static (i.e., you're not drawing salary from an employer).   The rest of it?  If you don't plan on using it for any big purchases in the next 5 or so years, invest it.  If you don't, you will probably lose money in the long term due to inflation (how's that for a risk? :).  There are plenty of options for the risk averse, many of which handily beat inflation, though without knowing your country of residence, it's hard to say.  In all likelihood, though, you'll want to invest in index funds -- such as ETFs -- that basically track industries, rather than individual companies.  This is basically free portfolio diversity -- they lose money only when an entire sector loses value.  Though even with funds of this type, you still want to ensure you purchase multiple different funds that track different industries.  Don't just toss all of your funds into an IT index, for example.   Before buying, just look at the history of the fund and make sure it has had a general upward trajectory since 2008 (I've bought a few ETFs that remained static...not what we're looking for in an investment!).  If the brokerage account you choose doesn't offer commission free trades on any of the funds you want (personally, I use Schwab and their ETF portfolio), try to \"\"buy in bulk.\"\"  That way you're not spending so much on trades.   There are other considerations (many indexed funds have high management costs, but if you go with ETFs, they don't, and there's the question of dividends, etc), but that is getting into the weeds as far as investing knowledge is concerned.   Beyond that, just keep in mind it'll take 1-2 weeks for you to see that money if you need it, and there's obviously no guarantee it'll be there if you do need it for an emergency.\""}
{"_id": "306255", "title": "", "text": "Not quite the usual DCF or valuation question, but more FP&amp;A: any ideas how to bridge cash forecast to financial forecast? To clarify, financial forecast is mostly done on an accrual basis whereas cash is outflows and inflows. Trying to figure out how to have better visibility into cash discrepancies"}
{"_id": "306280", "title": "", "text": "\"There is a ten year statue of limitations on debt collection, bankruptcy, etc. The problem is, if you start paying, even say, $1, you \"\"acknowledge\"\" the debt and the clock starts again. Debt claims fall under the \"\"he said, she said,\"\" rubric. In debt restructuring situations, the debtor is taught to write all their creditors DENYING debts. Some percentage of those creditors won't have the paperwork to back up their claims. Others will, and can press their claims. Then a court decides.  But in any event, a debt more than tens years old is a \"\"stale,\"\" debt. A court is likely to rule in your favor. Unless you \"\"acknowledge\"\" the debt.\""}
{"_id": "306306", "title": "", "text": "They're taking a picture on the floor, not their feet. Just taking it of the plain tile isn't interesting and you can't even tell it's a floor. The feet make the composition more interesting. Also these people dont realize 50 other people took the same photo."}
{"_id": "306354", "title": "", "text": "I'll also say that construction wages doesn't surprise me, after the bubble the demand has dropped tremendously and the profit margins have also dropped. Construction companies that are already struggling aren't going to bankrupt themselves just to pay employees what they were paying before. Manufacturing on the other hand is interesting since more and more manufacturing jobs are coming to the states I would be interested in seeing more information than what was provided."}
{"_id": "306363", "title": "", "text": "\"Would they go up at all? Perhaps, that's not unreasonable but not proportionally.   If the minimum wage goes up some workers might choose to move out from living with relatives or roommates so there would be some increase in demand but we wouldn't be \"\"overflowing with potential tennants\"\"  and if rents started going up these new entrants to the housing market would likely fallback on their original housing setup with would moderate the impact.   As far as gas goes, while I don't have specific numbers in front of me,  I think it's a reasonable assumption that US labor costs are a relatively small percentage of what you pay at the pump so even if those costs went up you wouldn't expect prices to surge.\""}
{"_id": "306385", "title": "", "text": "\"I realize that most posters are US based, but the UK on Saturday had its biggest ever payout (a miserable \u00a360m). Because of the rules there, the estimated \"\"value\"\" of a \u00a32 ticket was between \u00a33 and \u00a35. http://www.theguardian.com/science/2016/jan/09/national-lottery-lotto-drawing-odds-of-winning-maths\""}
{"_id": "306388", "title": "", "text": "Custom Tablecloth, Linen Tablecloths, Table Linens \u2013 Quality Tablecloth for the best Custom Fabric Tablecloths and FineTable Linens including Round, Lace, Square, Oversized, Cotton, Oval, Digitally Printed, White, Restaurant, in sizes 60, 70, 90, 120 inc. For more details visit our site qualitytablecloth.com"}
{"_id": "306390", "title": "", "text": "\"&gt; I think a the thing with depression and recession is just what he uses to define those economic statuses. He says at the begining that his thinking on the subject is what he uses and might not be conventional.   I see.  But if the severity of economic recessions/depressions can be categorized by, say, what % of debt defaults or is restructured in a certain period of time, that actually would be a convenient way to think about different recession events intuitively (instead of just the degree to which GDP goes up or down).  And I wonder if defaults/debt restructurings are a leading or lagging indicator of a recession.  &gt;  For the different methods of depression recovery I beleive he was trying to say that the path to a \"\"beautiful devleraging\"\" requires balance. Certaintly the deflationary tactics have there own merits, and are not solely for the purpose of offsetting the inflationary methods, but a balance of everything is the most crucial factor for an efficient recovery.  Austerity is deflationary (and I'm not sure there are any mainstream/academic economists who support austerity during a recession...) but, again, I have serious doubts whether debt reduction and wealth distribution can be called deflationary.  Especially wealth distribution, which is basically the same thing as fiscal spending (which is included in the \"\"print money\"\" inflationary category in the video) combined with regressive taxes.    I would think that monetary easing and fiscal stimulus (both inflationary) help employment recover, and once employment recovers enough, inflation can rise.  Once inflation is expected to rise too much, then you can crank up interest rates/lower fiscal spending.  I don't think you really need to worry about adding in deflation for a \"\"balance\"\" when trying to recover an economy.  Hyperinflation happens only in extreme cases and stagflation, as far as I know, is a technical case that is hard to explain in a video like this.  Certainly, austerity is unlikely to help stagflation.\""}
{"_id": "306398", "title": "", "text": "\"Who are all the failing female tech CEOs?  Meg and Carly?   And now Marissa that inherited a company that has had ALL past male CEOs fail at turning it around?   Meg who came aboard a ship that the past male CEOs failed at turning around, and that I do think Carly mismanaged HP into the failure it is now.  Yahoo and HP won't fail _because_ of Marissa or Meg.  Unless we absolve the previous male failures as blameless because of their maleness.    Turning around either of these companies is going to take something very very elaborate and hard to implement, and I don't see any gender of CEO really having an easy go of it.  Maybe the problem with females is they accept jobs guaranteed to make them look bad?  ;)  Or perhaps the real problem is that it's easier to pin the blame on their femaleness.   The previous Yahoo guy was just considered incompetent, his \"\"maleness\"\" wasn't the issue.    (I think he had a hard road, and that's the biggest issue,  the second issue is he didn't have the vision necesarry.  This may hold true of Marissa as well.)\""}
{"_id": "306413", "title": "", "text": "When you sell a house around between 7-10% of the sales price will go to various fees. Mostly to the agents, but also to county fees, city fees, deed tax, and possibly covering closing costs for the buyers. So if you sell a $400k house for the same price you buy, just in fees, you're out $40k. Mortgages are structured so that the frontend is very interest heavy, while at the end you're mostly paying towards principal. So for the first two years you will pay down very little of the principal. Figure around $2500 for the mortgage, and without running the numbers I bet you would pay an average for the first two years of around $1800/month in interest. $43,200. Mortgage interest is tax deductible, so you'll get some of that back. That's also $16,800 in equity you'll have on the house, so you'll get that back out when you sell. Rough numbers, I would be you lose around $50k buying the house and selling for the same price two years later. That doesn't take into account having to do any maintenance. And it assumes you can sell quickly when you want to. Renting is not throwing away money. You don't lose any money. You get a place to live in exchange. You don't build equity, sure, but you don't need to worry about maintenance and other related issues. When you're looking to be somewhere short term renting is generally the best idea."}
{"_id": "306422", "title": "", "text": "I love reddit, but it is an extremely outdated business model. Modern social media platforms like Youtube and Instagram go out of their way to encourage user-generated content and entrepreneurship. Their algorithms notice what you've been watching, in my case RedLetterMedia, and push me similar, albeit lesser known content, like Jenny Nicholson or Every Frame a Painting.   Contrast that to Reddit where on most subreddits original content is outlawed. Linking to a blog, a video, a podcast, a website, an app, etc is labeled self-promotion and results in a ban. So without original content, this is what you get: memes, LA Times articles, cat videos, and noob questions.   I was recently told by a moderator that original content was unnecessary because of all the great content put out by corporations. Im suspicious if this isnt the notion more mods have. And it's an extremely outdated notion. User-generated, niche content, is clearly the way the internet is trending, and reddit will likely never adjust."}
{"_id": "306429", "title": "", "text": "amazon is only a handful of years old really. it didn't come into being until well into the time companies were alreadsy shipping customer service jobs overseas. they were lucky with when they entered the market.  and keep in mind, amazon is a service, not a product. it was only after product uniformation started in the 90's that things other than the product became of interest to the consumer."}
{"_id": "306430", "title": "", "text": "\"Give me your money. I will invest it as I see fit. A year later I will return the capital to you, plus half of any profits or losses. This means that if your capital under my management ends up turning a profit, I will keep half of those profits, but if I lose you money, I will cover half those losses. Think about incentives. If you wanted an investment where your losses were only half as bad, but your gains were only half as good, then you could just invest half your assets in a risk-free investment. So if you want this hypothetical instrument because you want a different risk profile, you don't actually need anything new to get it. And what does the fund manager get out of this arrangement? She doesn't get anything you don't: she just gets half your gains, most of which she needs to set aside to be able to pay half your losses. The discrepancy between the gains and losses she gets to keep, which is exactly equal to your gain or loss. She could just invest her own money to get the same thing. But wait -- the fund manager didn't need to provide any capital. She got to play with your money (for free!) and keep half the profits. Not a bad deal, for her, perhaps... Here's the problem: No one cares about your thousands of dollars. The costs of dealing with you: accounting for your share, talking to you on the phone, legal expenses when you get angry, the paperwork when you need to make a withdrawal for some dental work, mailing statements and so on will exceed the returns that could be earned with your thousands of dollars. And then the SEC would probably get involved with all kinds of regulations so you, with your humble means and limited experience, isn't constantly getting screwed over by the big fund. Complying with the SEC is going to cost the fund manager something. The fund manager would have to charge a small \"\"administrative fee\"\" to make it worthwhile.  And that's called a mutual fund. But if you have millions of free capital willing to give out, people take notice. Is there an instrument where a bunch of people give a manager capital for free, and then the investors and the manager share in the gains and losses? Yes, hedge funds! And this is why only the rich and powerful can participate in them: only they have enough capital to make this arrangement beneficial for the fund manager.\""}
{"_id": "306460", "title": "", "text": "No one can advise you on whether to hold this stock or sell it. Your carried losses can offset short or long term gains, but the long term losses have to be applied to offset long term gains before any remaining losses can offset short term gains. Your question doesn't indicate how long you have to hold before the short term gains become long term gains. Obviously the longer the holding period, the greater the risk. You also must avoid a wash sale (selling to lock in the gains/reset your basis then repurchasing within a month). All of those decisions hold risks that you have to weigh. If you see further upside in holding it longer, keep the investment. Don't sell just to try to maximize tax benefits."}
{"_id": "306462", "title": "", "text": "\"Possibly, if you can get them at a discount. But not if you have to pay full price.  Say there's a $1 million Jackpot for $1 tickets. The seller might sell 1.25 million of these tickets, to raise $1.25 million pay a winner $1 million, and keep $250,000. In this example, the so-called \"\"expected value\"\" of your $1 ticket is $1 million/1.25 million tickets= 80 cents, which is less than $1. If someone were willing to \"\"dump\"\" his ticket for say, 50 cents, what you paid would be less than the expected value, and over enough \"\"trials,\"\" you would make a profit. Warren Buffett used to say that he would never buy a lottery ticket, but would not refuse one given to him free. That's the ultimate \"\"discount.\"\" Larger Jackpots would work on the same principle; you would lose money \"\"on average\"\" for buying a ticket. So it's not the size of the Jackpot but the size of the discount that determines whether or not it is worthwhile to buy a lottery ticket.\""}
{"_id": "306474", "title": "", "text": "I would say that it depends.  If you have to do it now, or in the near future, I would keep the pension, as I think the current market is overpriced and approaching bubble status.  (And, to interject politics, because I'm pretty sure Trump will screw it up before too long.)  If you can take the money out and invest after it crashes, though... Though I'm sure that some people will object to this as market timing, I had a similar opportunity in '09.  I took the money, moved it into an IRA invested mostly in index & international funds, and have been quite satisfied with the result."}
{"_id": "306482", "title": "", "text": "I second CrimsonX's advice to max out Roth then 401k. At your age in what sounds like a similar situation I did the same thing -- thankfully. It's easier to do when you're young and unencumbered. 10 years later with kids, house, changing from double to single income, job changes, etc, it's harder to max out retirement accounts. Not to mention that priorities change, e.g. saving for college."}
{"_id": "306493", "title": "", "text": "&gt;On one side it may cost more, on the other it may attract more devs since it's another platform where their content will be available with low effort of porting.  If there's enough users/customers.  Devs ain't going to port their game to a console with a low user base."}
{"_id": "306495", "title": "", "text": "Thanks for that great explanation. I figured you were referring to FAFSA but wanted to be sure. I'm just having my first so i'm trying to plan for the future but I probably won't be paying for college either, it seems like trade schools may be the better deal nowadays."}
{"_id": "306510", "title": "", "text": "Sorry to hear about this happening to you. You should file a lawsuit in small claims court and get a judgement. Unfortunately, you are probably one of many creditors, and are unlikely to get much, if any, money back."}
{"_id": "306511", "title": "", "text": "That stranglehold is because of the small margins in the business. When you put cabs on the road there are only a few models to work with; the lease model where the company puts as many cabs on the road as possible, the commission model where they balance fleet size and demand, and the medallion model where you have a lot of individual operators.   The lease model sounds nice for the customers because there's excess cabs compared to demand, but drivers aren't going to pay $160-300 a shift to not make any money, so even still the cab company has limit the number of cabs they put on the road.  In any case, once you add up all your costs for gas, maintenance, licensing, and insurance you're left with a very small margin. Sure a cab company could 3x the number of cabs it normally does at night during the bar rush, but the other 16 hours of the day they're sitting on the lot not doing anything because there isn't as high of demand during the day. That costs money, and if the cabs aren't working they're not paying for themselves.  Thus the market finds a balance between what supply there is depending on time of day and how much it costs to support a fleet of that size. The only outside effect on the market equilibrium is how many taxis a city will license. I really don't like the medallion model because of this. The medallion owners love it because they're sitting on upwards of $500k asset in some cities."}
{"_id": "306526", "title": "", "text": "I'm more interested in how they react in December when Tesla is supposed to making 10,000 units a month? If they can't hit production targets to clear out their backlog of sales orders then people will be waiting 4-5 years for their car. By that time other companies will have made big strides in electric vehicles and Tesla will begin to lose the prominence it has built which has caused it's shares to be so overvalued."}
{"_id": "306533", "title": "", "text": "Stated plainly... it's a benefit. Companies are not required to offer you any compensation above paying you minimum wage. But benefits attract higher quality employees.  I think a big part of it is that it is the norm. Employees want it because of the tax benefits. Employees expect it because almost all reputable companies of any significant size offer it. You could run a great company, but if you don't offer a 401k plan, you can scare away good potential employees. It would give a bad impression the same way that not offering health insurance would."}
{"_id": "306558", "title": "", "text": "\"Because fuck auto-playing videos and pop-under tabs to \"\"related\"\" articles:  #1. A conference call is a raid, just with less screaming. Waiting for 40 players to log on for a raid is exactly the same as waiting on a conference line for attendees to join. These are your \"\"party members,\"\" and there's almost always someone with a broken microphone.  #2. Slack channels are your guild chat. Guild chat is where people hang out. Where people talk for hours and hours. Where people share ideas, or ask for help. My co-founder and I live in Slack, operating from two different cities. The whole experience is hauntingly similar to my teenage years spent talking to guild members on the Internet.  #3. People judge you based on your Internet presence. I became a personal branding expert at 17 years old when I learned that who you are online is your \"\"character,\"\" and what you choose to show people determines the idea they have of you in their mind.   #4. You don't know what grinding is until you've had stale Skittles for breakfast. Entrepreneurs are notorious for bragging about how \"\"hard they grind\"\" and how little they sleep. But I'll be honest, you don't know what a real \"\"grind\"\" is until you've loaded up on coffee and gluten free/dairy free microwaveable mac and cheese (I have food allergies) and farmed Runecloth for 48 hours straight. Once you've done that, a product launch is a piece of cake.  #5. You can't win by yourself. Part of what makes an MMORPG so enthralling is that it cannot be played individually. Even the most modest of challenges require a group of some sort--and with groups come friendships, camaraderie, and competition. Entrepreneurship is no different. You can only play for so long before you need to enlist the help of others. And that's what makes the game so much fun.  #6. Bad players judge based off gear. Wise players judge based off skill. Most players (in the gaming world and the real world) measure success based on material value. People assume that better gear, nicer clothes, and more expensive cars means better talent. I learned at a very young age that is a faulty mentality to have. Being able to accurately judge who you're going up against, who you're partnering with, or spotting the next great player is all about looking beyond the material. You have to see the person, not the player's gear--and a lot of people can't do that.  #7. There is no \"\"point\"\" to the game. When I first started playing World of Warcraft, the kid at my school who introduced me to the game said, \"\"I can't wait to hit level 60. That's when the real game begins.\"\" I didn't understand what he meant until I hit the level cap too, and realized there was no end to the things you could do in the World of Warcraft--just like there is no end to the things you can do here on earth. The real game starts once you're out of the starting area and old enough to realize you are the captain of your own ship. You can create your own quests, and you define your own measures for success. Your purpose is yours to create.  #8. Gold doesn't make you a player better. I had a mentor in the World of Warcraft. I deliberately sought him out because I wanted to learn how to play the game like him. For the three years we played together, he was poor. Constantly asking other people to borrow gold. He was also one of the most talented gamers I'd ever played with. When I would ask him why he wouldn't spend more time farming gold, he'd say, \"\"Gold isn't going to make me a better player. I'd rather practice.\"\" That was my first introduction to the idea that money, in itself, doesn't make you a better player (or person).  #9. Some people are raiders. Some are PvPers. And some are explorers. In the World of Warcraft, you can do a lot of different things. You can round up 40 people to go defeat a raid boss. You can form a small team and compete 3v3. Or you can travel around the world on your Kodo mount and explore. The game is yours to play, however you wish to play it--just like life. Which means you can't compare your experience and your \"\"achievements\"\" to someone else who prefers to spend their time differently. They aren't 1:1.  #10. Friendships are made during the pursuit of a goal. Some of the people I played World of Warcraft with as a teenager became my closest friends--friends I still talk to today (just last week I had dinner with my guild leader from a decade ago).  Those friendships are the result of working together toward a common goal, and I see the same thing unfolding as I build my first company. How often my co-founder and I bounce strategies and ideas in a day is eerily reminiscent of my climb to Gladiator with my 2v2 partner. The hires we make are our new guild members. Our Slack channel is our guild chat. Our weekly conference calls are our raids, and our competitors are all the other guilds who are trying to defeat the same bosses we are.\""}
{"_id": "306559", "title": "", "text": "In your proposed world, each business would have it's own laws when people stepped on their property. That sounds like a recipe for disaster. How would everyone keep track of the millions of different laws? What's to stop a business from taking advantage of this and duping customers who haven't researched their unfair laws?  And how would two parties in a dispute agree on which private court system to use?"}
{"_id": "306561", "title": "", "text": "\"The case you are looking at is rather special, because the Chinese government for the longest time did not allow foreigners to invest in Chinese stocks. The ADRs explained in @DStanley's answer are a way around that restriction; recently there are some limited official ways,  In general, it is perfectly normal for a stock to appear on different exchanges, in different currencies, and it's all the \"\"real\"\" stock. Because remember: a stock exchange is really nothing more than a fancy place for people to buy and sell stocks. There is absolutely no reason why a specific stock should only be traded in one place. Companies that have decided to be publically tradeable generally want to be traded in as many exchanges as possible, because it makes the stock more liquid, which helps their shareholders. Individual exchanges have different requirements for a stock to be listed for trading there, some may even do it without the company's explicit approval.\""}
{"_id": "306571", "title": "", "text": "Gold is not really an investment at all, because it doesn't generate an income. It's only worth money because people think it's worth money (it has some industrial uses, but most gold is used as a store of value and not for industrial purposes), not because of its income stream."}
{"_id": "306583", "title": "", "text": "\"VaR does not do what it is supposed to do which is give you a \"\"floor\"\" with confidence on your potential losses.  Even for portfolios with millions of instruments, it will not give you a metric that means anything.  The point im trying to convey is that VaR does not give any meaningful information as its horribly inaccurate and that we would be better off WITHOUT VaR.\""}
{"_id": "306587", "title": "", "text": "\"People worked a long time before \"\"business\"\" existed. But I believe what works best for the greatest number of people is regulated capitalism mixed with a limited socialism and a strong social safety net, aka, social democracy. But I believe that when a few people gain too much power, control too many of a country's resources, that they distort or destroy it. They make almost everyone's life worse just to make their own better. Historically I see that again and again.   Past a certain point money ceases to be money and becomes power. People with great wealth have power over the American people, power they hold without being elected by the people, power that does not end with their term of office, power that cannot be stripped from them for bad behavior. No one should be allowed to have that much unelected power. We should use progressive income taxes and estate taxes to strip power, a.k.a., money from such individuals and families. This should be done to keep the superwealthy from using unelected power for greedy or evil purposes.\""}
{"_id": "306588", "title": "", "text": "\"I worked for one of these companies. they treat their employees like shit, they expect you to work like an Indian and not question what they do. They expect more for their dollar and don't mind heaping task after task on your back. the place I worked at promised me a raise after 60 days, turns out since I was over qualified to begin with they gave me their \"\"top\"\" pay right away, and there were many many others that after 3 or 4 years they never saw another penny. They over promise the customer, and then expect us to pull miracles out of our asses. Never again. It's great they are bringing jobs back to the US, but it's still a foreign company that is getting the lions share of the money and contracts.\""}
{"_id": "306589", "title": "", "text": "Pay it off. You are never penalized for paying a loan off early. Most credit records stay on your reports for 7 years, with the exception of certain negative ones, which stick around for 10."}
{"_id": "306599", "title": "", "text": "\"PC Police in America would eat your shit for breakfast.  That is very offensive, yet historical term, to about .001% of our population.    However, our media will run with it instead of talking about actual issues until congress \"\"leap frogs\"\" real legislation (lol congress and real legislation in the same sentance) or they will use a back door channel to eliminate its use...see Washington Redskins.\""}
{"_id": "306600", "title": "", "text": "One simple calculation to determine your life insurance need: D.I.M.E. method D: Debt All your car loan balances, credit card balances, student loans, business loans, etc. I: Income Your annual income times 10 (for 10 years of income replacement). M: Mortgage Your home mortgage balance. E: Education Your children's education expenses. You add up all these items, and you'll come up with a proper amount of life insurance coverage. This should be sufficient model for a majority of people. Yes, your life insurance needs will change as you move through life. Therefore you should sit down with your life insurance agent to review your policy every year and adjust it accordingly."}
{"_id": "306649", "title": "", "text": "Adding to the answers above, there is another source of risk: if one of the companies you are short receives a bid to be purchased by another company, the price will most probably rocket..."}
{"_id": "306657", "title": "", "text": "\"&gt; \"\"We are making progress on the strategic priorities we outlined earlier this year and remain focused on returning our Company to profitability,\"\" Sears Holdings CEO Eddie Lampert said in a statement.  It's been how many years? I'm impressed that it could last this long, but if it hasn't happened by now, it's not going to happen, ever. Maybe it would if they got new leadership. In fact,   &gt; We are primarily focused on profitability instead of revenues, market share and other metrics which relate to but don\u2019t necessarily drive profit.   in 2014.   &gt; To this end, we have set out to improve the profitability of our business model. Our objective is disciplined growth. We do not want to grow simply for the sake of becoming bigger. Rather, our aim is to become more profitable, and as such we need to ensure that any revenue growth occurs at an appropriate level of profitability.  2007. [Source](https://www.sec.gov/Archives/edgar/data/1310067/000119312507043471/dex992.htm). He's been saying the same line for at least 10 years  I may be a naysayer, but I would absolutely love being proved wrong by Mr. Lampert\""}
{"_id": "306671", "title": "", "text": "Accounting profits and cash flow are two different things. Say for example that I sell you a widget and you pay me today. I deliver the widget to you in February. In accounting terms, the revenue isn't recorded until Feb even though I have the cash in October. There's also a lot of non-cash items that affect accounting income (depreciation, amortization, etc.) In a small, growing company, cash is the most important thing. Many startups know what their burn rate (how much net cash their out flowing each month) and runway (how many months they can survive with their given burn rate until they are literally out of cash) more intimately than their accounting profit.   As for what qualifies as a startup, that's something that is debated in the startup world fairly often. I think the best take is from Paul Graham. http://paulgraham.com/growth.html"}
{"_id": "306675", "title": "", "text": "One of the guys that started Rovio got investment from his wealthy uncle's company. They surely want to sell some of their 60% ownership, but claim they will be sticking around. With Rovio's pitch to re-emerge as a film studio (or that was one idea I read and Angry Birds was a hit), I wonder if this valuation matches what other film studios would be valued or are they just riding the wave of ridiculous tech valuations."}
{"_id": "306677", "title": "", "text": "I have been renting rooms out of my house for over 7 years now.  When renting to non-family, the arrangement is usually successful.  People leave for various reasons, an occasionally I will ask someone to move out if they are not working out.  In the USA, this works well because by keeping things formal (rental agreements, etc) you actually have a great business with lots of deductions that end up reducing you net income quite a bit. However, US law makes a big distinction about whether or not you're renting to family/relatives, specifically around whether or not they are paying full-market rent for their room.  If not, then you are subsidizing them which could disqualify your property (or at least the portion they are using) from being legitimately rented -- and thus no tax deductions for said activity. The other risk, -- again, in the USA -- is the possibility of a long-term relationship falling under rules of common-law marriage.  This is rare unless children are involved.  A couple who have children, married or not, may have the courts get involved to oversee the division of assets with regards to ensuring the children have a place to live and adequate financial support. For the UK, I would think the laws would be roughly similar.  Check out this website for more a detailed review.  https://www.citizensadvice.org.uk/family/living-together-marriage-and-civil-partnership/living-together-and-marriage-legal-differences/"}
{"_id": "306679", "title": "", "text": "\"First note that CIBC issued these bonds with a zero coupon, so they do not pay any interest.  They were purchased by the market participants at a small premium, paying an average of 100.054 for a nominal value of 100.  This equates to a negative annual \"\"redemption\"\" yield of 0.009% - i.e., if held until maturity, then the holder will witness a negative annual return of 0.009%. You ask \"\"why does this make sense?\"\".  Clearly it makes no sense for a private individual to purchase these bonds since they will be better off simply holding cash.  To understand why there is a demand for these bonds we need to look elsewhere. The European bond market is currently suffering a dwindling supply owing to the ECBs bond buying programme (i.e., quantitative easing).  The ECB is purchasing EUR 80 billion per month of Eurozone sovereign debt.  This means that the quantity of high grade bonds available for purchase is shrinking fast. Against this backdrop we have all of those European institutions and financial corporations who are legally obliged to purchase bonds to be held as assets against their obligations.  These are mostly national and private pension funds as well as insurance companies and fund managers.   In this sort of environment, the price of high quality bonds is quickly bid up to the point where we see negative yields. In this environment companies like CIBC can borrow by issuing bonds with a zero coupon and the market is willing to pay a small premium over their nominal value. TL/DR The situation is further complicated by the subdued inflation outlook for the Eurozone, with a very real possibility of deflation.  Should a prolonged period of deflation materialise, then negative redemption yield bonds may provide a positive real return.\""}
{"_id": "306683", "title": "", "text": "Inflation hasn't occurred because the banks aren't using the money created by the central bank buying their debt to lend out more money to the economy. If the economy seems to improve to the point where the banks believe they can make money by lending out more, hyperinflation will occur relatively fast like a dam bursting.  The US could emulate Japan by also limiting the ability of banks to lend out money while buying their debt, but this kind of playing with the books doesn't really improve the economy for the normal person."}
{"_id": "306684", "title": "", "text": "Hence why I pay bill by bill and don't authorize automatic withdrawals. Are you telling me your online banking and/or utility company don't allow you to make non automatic payments online?  If so I guess thats the answer to OP's question..."}
{"_id": "306688", "title": "", "text": "Note that you're asking about withholding, not about taxing.  Withholding doesn't mean this is exactly the tax you'll pay: it means they're withholding a certain amount to make sure you pay taxes on it, but the tax bill at the end of the year is the same regardless of how you choose to do the withholding.  Your tax bill may be higher or lower than the withholding amount. As far as tax rate, that will be the same regardless - you're just moving the money from one place to the other.   The only difference would be that your tax is based on total shares under the plan - meaning that if you buy 1k shares, for example, at $10, so $1,500 discounted income, if you go the payroll route you get (say) $375 withheld.  If you go the share route, you either get $375 worth of stock (so 38 shares) withheld (and then you would lose out on selling that stock, meaning you don't get quite as much out of it at the end) or you would ask them to actually buy rather more shares to make up for it, meaning you'd have a slightly higher total gain.  That would involve a slightly higher tax at the end of it, of course. Option 1:  Buy and then sell $10000 worth, share-based withholding.  Assuming 15% profit, and $10/share at both points, then buy/sell 1000 shares, $1500 in profit to take into account, 38 shares' worth (=$380) withheld.  You put in $8500, you get back $9620, net $1120.   Option 2:  Buy and then sell $13500 worth, share based withholding.  Same assumptions.  You make about $2000 in pre-tax profit, meaning you owe about $500 in tax withholding.  Put in $11475, get back $13000, net $1525.  Owe 35% more tax at the end of the year, but you have the full $1500 to spend on whatever you are doing with it. Option 3:  Buy and then sell $1000 worth, paycheck withholding.  You get the full $10000-$8500 = $1500 up front, but your next paycheck is $375 lighter.  Same taxes as Option 1 at the end of the year."}
{"_id": "306689", "title": "", "text": "Good health is only partly luck. Eating right, exercise, moderate drinking, getting vaccines, and not smoking are all choices that make a huge impact. Sure there are just people with bad genes but for the average person those choices make a bigger difference."}
{"_id": "306696", "title": "", "text": "I haven't been in /politics since the election where anyone that didn't support Hillary was either downvoted into oblivion or banned.  Once CTR took over /politics, any posts supporting Bernie or criticizing Hillary's past were trashed.  Maybe it's changed since then now that the election money has dried up and CTR doesn't have the funds to pay shills to full-time manage /politics."}
{"_id": "306703", "title": "", "text": "\"I don't want to entirely discount traditional knowledge, but *\"\"the result of thousands of years of accrued experimentation\"\"* doesn't actually mean anything, and *\"\"Ayurvedic traditions\"\"* is a red flag for me.  Are there any published studies done on the effectiveness of such preparations?\""}
{"_id": "306705", "title": "", "text": "a)  Are there any predictive factors for the success/failure of your trades. i.e. Volatility has some predictive power on the failure  of the trades, therefore, you may want to fine tune the strategy such that when vol &gt; x, it stays out (or even reverses).  b) i'll make a quick subreddit."}
{"_id": "306717", "title": "", "text": "Budget out the amount you save and owe per month. Make sure that amount doesn't stay liquid, invest it, send it out. Make it go away. Learn to live in the rest. If you still have some left over then enjoy the impulse buying (why not).   Second rule, try to payout your credit cards every month."}
{"_id": "306731", "title": "", "text": "This seems much more reasonable :) Just thought I might be catching someone talking without knowing. A lot of people like to brag about their  unverifiable success on here so I'm always on the lookout for any obvious bullshit in their claims."}
{"_id": "306732", "title": "", "text": "\"&gt; 41x92x1820mm  1.6\"\"x3.6\"\"x71.7\"\", which is more or less the same as in the US.  2\"\"x4\"\" is the rough cut board before drying and finishing. Anyone who regularly works with wood knows this. It's been the industry standard for decades.\""}
{"_id": "306742", "title": "", "text": "Office space for rent in noida sector 62 is the best option in Noida as it lies near NH 24, East Delhi &amp; Indirapuram, Ghaziabad. Sector 62 Noida is among those sectors of noida which are typically designed for IT &amp; IT enable services usage along with institutional properties. We have all type of office spaces at very economical rentals."}
{"_id": "306765", "title": "", "text": "I work in IT for eBay/PayPal. Many, if not all, got exited today. Real quick and ninja-esque. HR is really being a dick to them too. Several have personal phone numbers that were assigned to their corporate phones, and they're being told they can't have them back."}
{"_id": "306782", "title": "", "text": "\"As I understand it, a company raises money by sharing parts of it (\"\"ownership\"\") to people who buy stocks from it.  It's not \"\"ownership\"\" in quotes, it's ownership in a non-ironic way.  You own part of the company.  If the company has 100 million shares outstanding you own 1/100,000,000th of it per share, it's small but you're an owner.  In most cases you also get to vote on company issues as a shareholder. (though non-voting shares are becoming a thing).  After the initial share offer, you're not buying your shares from the company, you're buying your shares from an owner of the company.  The company doesn't control the price of the shares or the shares themselves. I get that some stocks pay dividends, and that as these change the price of the stock may change accordingly. The company pays a dividend, not the stock.  The company is distributing earnings to it's owners your proportion of the earnings are equal to your proportion of ownership.  If you own a single share in the company referenced above you would get $1 in the case of a $100,000,000 dividend (1/100,000,000th of the dividend for your 1/100,000,000th ownership stake). I don't get why the price otherwise goes up or down (why demand changes) with earnings, and speculation on earnings.  Companies are generally valued based on what they will be worth in the future.   What do the prospects look like for this industry?  A company that only makes typewriters probably became less valuable as computers became more prolific.  Was a new law just passed that would hurt our ability to operate?  Did a new competitor enter the industry to force us to change prices in order to stay competitive?  If we have to charge less for our product, it stands to reason our earnings in the future will be similarly reduced.   So what if the company's making more money now than it did when I bought the share? Presumably the company would then be more valuable. None of that is filtered my way as a \"\"part owner\"\".  Yes it is, as a dividend; or in the case of a company not paying a dividend you're rewarded by an appreciating value. Why should the value of the shares change? A multitude of reasons generally revolving around the company's ability to profit in the future.\""}
{"_id": "306783", "title": "", "text": "This sometimes happens to me. It depends on how liquid the option is. Normally what I see happening is that the order book mutates itself around my order. I interpret this to mean that the order book is primarily market makers. They see a retail investor (me) come in and, since they don't have any interest in this illiquid option, they back off. Some other retail investor (or whatever) steps in with a market order, and we get matched up. I get a fill because I become the market maker for a brief while. On highly liquid options, buy limits at the bid tend to get swallowed because the market makers are working the spread. With very small orders (a contract or two) on very liquid options, I've had luck getting quick fills in the middle of the spread, which I attribute to MM's rebalancing their holdings on the cheap, although sometimes I like to think there's some other anal-retentive like me out there that hates to see such a lopsided book. :) I haven't noticed any particular tendency for this to happen more with puts or calls, or with buy vs sell transactions. For a while I had a suspicion that this was happening with strikes where IV didn't match IV of other strikes, but I never cared enough to chase it down as it was a minor part of my overall P/L."}
{"_id": "306788", "title": "", "text": "This is stupid on Netflix behalf. How is this different than them creating cigarettes other than its not currently en vogue? While smoking pot for entertainment isn't the worst thing you can do to your health, it certainly isn't healthy in excess. The pendulum swings only so fat then returns to a happy medium, and the medium doesn't include entertainment companies pushing drugs"}
{"_id": "306800", "title": "", "text": "If you are a non resident Indian, the income you earn and transfer to India is tax free in India. You can hold the funds in USD or convert then into INR, there is no tax implication."}
{"_id": "306802", "title": "", "text": "&gt; Is this guy sitting in a fucking high speed centrifuge carnival ride waiting for the blood to leave his head so he can type out a troll op-ed in the NYT?  You know, I'd never thought about it, but this is as good an explanation as any for David Brooks. Keep in mind that he's not a troll, though--just a hack."}
{"_id": "306803", "title": "", "text": "\"Value is entirely subjective to individuals.  Nothing has \"\"intrinsic value\"\".  So if humans put a lot of work into polishing a turd, it's still worthless.  But if you put half that much work into preparing a meal or building a car, your labor is actually \"\"productive\"\" because it is meeting a consumer's demand.  This is how \"\"productive work\"\" is defined in economics (at least the Austrian branch) - people are willing to voluntarily trade for the product of your labor.\""}
{"_id": "306807", "title": "", "text": "That's up to the consumer. I think it's a meaningful distinction that we buy chicken rather than a processed chicken product. Yes, we process it into a chicken product, but in the same way someone might at home. No one has to care though. It's just about communicating what happens."}
{"_id": "306808", "title": "", "text": "It's pretty simple - the less money you owe the less interest you pay.  Paying down debt  gives a guaranteed return of the interest rate of the debt. So paying off your starter loan is equivalent to a 4% return.  That's not a bad return in the current environment so it makes sense to do it unless you can find an investment which you think is likely to pay significantly better. (Note this is a general answer, not Netherlands-specific.  There may be other considerations, around tax for example, which have to be factored into the calculation)."}
{"_id": "306810", "title": "", "text": "blockchain.info has all the most recent stats.  264,360 bitcoins traded in the last 24 hours.  About [16.5 Million](http://moderninvestor.io/how-many-bitcoins-have-been-mined/) exist right now.    Here is how they make more bitcoins   &gt;12.5 [bitcoins per block](https://en.wikipedia.org/wiki/Bitcoin) (approximately every ten minutes) until mid 2020,[7] and then afterwards 6.25 bitcoins per block for 4 years until next halving. This halving continues until 2110\u201340, when 21 million bitcoins will have been issued.  None of that is really making the price going up.  There is not a shortage of bitcoins.  There are just more people wanting to buy bitcoin right now then there are people who want to sale.  So on the exchanges people keep offering to buy at a higher and higher price.  Competing with each other causing the price to go up.    It'll probably hit a peak and drop back down to 4k or so.  That seems to be the trend with bitcoin.  Climb real high, dip down to about halfway up that climb, level off, time goes by, peak again.  Repeat."}
{"_id": "306812", "title": "", "text": "Not only did it not explain *why*, it didn't ask if declining DAUs are surprising.  My gut feeling is that these 'casual' games have a very short shelf-life, and that declining DAUs are not a cause for concern. Failing to replace old titles with new titles is probably the bigger problem here. The implication is that Zynga got lucky with its first few hits, and does not really have a strategic advantage that allows it to consistently produce hit games."}
{"_id": "306815", "title": "", "text": "Yes, more leverage increases the variance of your individual portfolio (variance of your personal net worth). The simple way to think about it is that if you only own only 50% of your risky assets, then you can own twice as many risky assets. That means they will move around twice as much (in absolute terms). Expected returns and risk (if risk is variance) both go up. If you lend rather than borrow, then you might have only half your net worth in risky assets, and then your expected returns and variation in returns will go down. Note, the practice of using leverage differs from portfolio theory in a couple important ways."}
{"_id": "306816", "title": "", "text": "Where did you get the impression that it is a $70k per year job? Not even the apple picker is going to pick apples all year long. The seasonal nature of the work means that you'll put in time during certain times of year, but often you won't be needed at all. We're talking hourly pay here because it is an hourly, not a yearly, job.  If you bring some skills to the table, I know some farms that would jump at the chance to pay you $70k per year. But most people don't have those skills and those that do can make even more elsewhere. Source: The real world. I don't know how to link to that. Sorry."}
{"_id": "306834", "title": "", "text": "\"I'd put more money down and avoid financing. I personally don't think car debt is good debt and if you can't afford the car, you are better off with a cheaper car. Also, you should read up on the 0% offer before deciding to commit.   Here's one article that is slightly dated, but discusses some pros and cons of 0% financing. My main point though is that 0% financing is not \"\"free\"\" and you need to consider the cost of that financing before making the purchase.  Aside from the normal loan costs of having a monthly payment, possibly buying too much car by looking at monthly cost, etc., a 0% financing offer usually forces you to give the dealer/financing company any rebates that are due to you, in essence making the car cost more.\""}
{"_id": "306842", "title": "", "text": "I would move some or all of the money. With \u00a330K savings, you have a 20% deposit, whereas you can get a much better mortgage rate with a 40 or 50% deposit. That's true no matter how good/bad your credit rating, and it's possible that with a bad credit rating you may not even be able to get a mortgage with a small deposit. Also, you will almost certainly save significantly more by paying less mortgage interest compared to the interest rates on your savings in the Netherlands. Shop around for a cheap option to transfer money. I had a quick look at Transferwise (no affiliation, they just happen to have a convenient calculator on their website), and the all-in cost for a large one-way transfer seems to be about 0.5%. I think you'll more than make that back in terms of savings on your mortgage. If you intend to move back to the Netherlands at some point, then you are taking some exchange rate risk by moving your savings to the UK - you don't know if it'll be better or worse when you want to transfer money back. But I guess it won't be that soon if you want to buy a house, so I think the risk is probably worthwhile. (I calculated the cost of the transfer by converting \u20ac100k into GBP, and then converting the resulting amount back again. That left \u20ac99k, so a two-way transfer cost 1% and from that I deduced that a one-way transfer costs roughly 0.5%)"}
{"_id": "306855", "title": "", "text": "A good way to find the rates of rental prices is to look what other landlords are charging for similar properties in your area. The proper investigation of property rental market should be make by using property listing platforms.  The other method is online rent calculator. There are a bunch of them on the Web. Briefly speaking, the rent calculator uses industry data to look at the typical rent you might expect from a property in a post code. Remember that the rent you charge has to be at least equal to the cost of your monthly mortgage bill. When you\u2019re deciding what to charge, don\u2019t forget to factor in an estimate of repair costs, taxes, homeowners association fees and insurance."}
{"_id": "306874", "title": "", "text": "The idea is old as dirt, and some millions of people had it before you. Credit card swipes cost you between 2.4 and 4.5%, depending on the cards, the provider, and the amounts, plus potentially a fixed small amount per swipe. Of course, a 2% cash back card cost more than 2% to swipe; and a 3% cash back card cost more than 3% to swipe; those guys are not morons."}
{"_id": "306884", "title": "", "text": "Because I've seen it countless times at all levels of the workforce.  It's very frustrating when an incompetent woman who constantly leaves early and comes in late gets promoted just because they want more females at higher ranks.   In the end it just makes the companies less profitable and worse at what they do, as the stock market routinely shows when a company announces a new diversity initiative and their stock immediately goes down.   But men are evil so I guess we deserve to reap fewer rewards for our labors."}
{"_id": "306893", "title": "", "text": "This answer will be US-centric but hopefully most of the information will be applicable to other jurisdictions: Generally speaking:"}
{"_id": "306908", "title": "", "text": "As others have pointed out, post-tax dollars are what you'll use.  Just as a quick note, as you'll be using post-tax dollars; in the past, I've refused to take contractor plans because they almost always are inferior to what I've been able to get off the private exchange ehealthinsurance.  A few people have written excellent articles on Get Rich Slowly here and here about them in detail if you want more information. Generally, contractors (and sometimes employees) are offered a few plans (3-4), and this health exchange gives you a little more freedom to pick your plan, which in your situation may help.  It isn't always cheaper, but depending on your needs, you may obtain a better deal. Forgot to add this: this option has also made switching jobs easy as well since I don't have to pay COBRA.  While it depends on the situation, this can sometimes come out significantly cheaper.  For instance, if I were to take the employer health plan next year, I would lose ~$450 a month, whereas the private exchange option is ~$300.  But, if I were to switch jobs, decide to opt for self-employment, or a layoff, the COBRA would be even higher than ~$450."}
{"_id": "306913", "title": "", "text": "\"Not insulting your part of Scotland, but that is exactly what happened in Detroit and the surrounding area. It used to be one of the richest (IIRC *the* richest) metro area in the US. Now look at it. Those who say the unions had nothing to do with it just have to look at what is happening.  The US has states called \"\"Right to work\"\" states, this is where union membership is not mandatory. Caterpillar is based in Illinois, but just moved a factory from Japan back to the US. Illinois wasnt even in the running for it. They were all southern states that are right to work.  You also have to look where foreign manufacturers build things. Toyota, Honda, VW, BMW, Mitsubishi, etc., etc., all manufacture in Southern \"\"right to work\"\" states. They still have unions, but they have less power because a lot of people chose not to be in them and pay the dues.   In my opinion, the people working at the new CAT factory are probably happy the plant moved from Japan to their town. Also, all of the people working at all of those plants are glad to have their jobs instead of being unemployed.   I see these massive union protections Northern states and European countries have as a negative. I think the fact manufacturers almost exclusively choose \"\"right to work\"\" states for new factories only reinforces this.\""}
{"_id": "306926", "title": "", "text": "A real life experience. A friend of mine did that with his housemates. They bought a house together as students and it worked for them. The tricky bit is to have a very good contract with your housemates as to how the venture should work.  What if? Somebody can't pay, somebody can't enjoy the house (on an extended trip), somebody wants out (marriage, etc.) It worked for my friend..."}
{"_id": "306953", "title": "", "text": "This is just my experience but I think I have to put in the account holder's name or last name to check that I'm sending it to who I think I'm sending to."}
{"_id": "306954", "title": "", "text": "MBA programs, don't go to one until after you have been in the work force for a couple of years. You won't really get anything out of it and it'll be a monumental task to get into an M7 school (if you want to stick with IB, this is VERY important) or at the very least a tier 1."}
{"_id": "306961", "title": "", "text": "SEC Form 3 and SEC Form 4 are filed when insiders make share/derivatives acquisitions, transfers, sells and buys There is a time limit AFTER the action where they can be filed, such as 12 business days, so this can be a substantial amount of time after the effect on the market, depending on your strategy. You can aggregate these forms from SEC sources or from third party websites and services. In some cases, types of insider trading are permissible at certain intervals, so if you learn about when certain shares become unlocked, you can try to predict what insider actions will be and share price movements around those times."}
{"_id": "306968", "title": "", "text": "A lot of these firms consist of ex-McKinsey consulting people that know how to evaluate operations, efficiency, etc.  Like any company, operating plans are presented by mgmt to the board and implemented by management.  The PE firm works with management to design the operating strategy, and that may be done in-house (PE firm) and/or with outside consults in the industry.  Operational performance is important, but unfortunately a lot of PE firms really only engage in financial engineering.  The more industry/sector specific the PE the firm, the more value they likely add (as a generalization)."}
{"_id": "307008", "title": "", "text": "\"I think you've got basics, but you may have the order / emphasis a bit wrong. I've changed the order of the things you've learned in to what I think is the most important to understand: Owning a stock is like owning a tiny chunk of the business Owning stock is owning a tiny chunk of the business, it's not just \"\"like\"\" it. The \"\"tiny chunks\"\" are called shares, because that is literally what they are, a share of the business. Sometimes shares are also called stocks. The words stock and share are mostly interchangeable, but a single stock normally means your holding of many shares in a business, so if you have 100 shares in 1 company, that's a stock in that company, if you then buy 100 shares in another company, you now own 2 stocks. An investor seeks to buy stocks at a low price, and sell when the price is high. Not necessarily. An investor will buy shares in a company that they believe will make them a profit. In general, a company will make a profit and distribute some or all of it to shareholders in the form of dividends. They will also keep back a portion of the profit to invest in growing the company. If the company does grow, it will grow in value and your shares will get more valuable. Price (of a stock) is affected by supply/demand, volume, and possibly company profits The price of a share that you see on a stock ticker is the price that people on the market have exchanged the share for recently, not the price you or I can buy a share for, although usually if people on the market are buying and selling at that price, someone will buy or sell from you at a similar sort of price. In theory, the price will be the companies total value, if you were to own the whole thing (it's market capitalisation) divided by the total number of shares that exist in that company. The problem is that it's very difficult to work out the total value of a company. You can start by counting the different things that it owns (including things like intellectual property and the knowledge and experience of people who work there), subtract all the money it owes in loans etc., and then make an allowance for how much profit you expect the company to make in the future. The problem is that these numbers are all going to be estimates, and different peoples estimates will disagree. Some people don't bother to estimate at all. The market makers will just follow supply and demand. They will hold a few shares in each of many companies that they are interested in. They will advertise a lower price that they are willing to buy at and a higher price that they will sell at all the time. When they hold a lot of a share, they will price it lower so that people buy it from them. When they start to run out, they will price it higher. You will never need to spend more than the market makers price to buy a share, or get less than the market makers price when you come to sell it (unless you want to buy or sell more shares than they are willing to). This is why stock price depends on supply and demand. The other category of people who don't care about the companies they are trading are the high speed traders. They just look at information like the past price, the volume (total amount of shares being exchanged on the market) and many other statistics both from the market and elsewhere and look for patterns. You cannot compete with these people - they do things like physically locate their servers nearer to the stock exchanges buildings to get a few milliseconds time advantage over their competitors to buy shares quicker than them.\""}
{"_id": "307009", "title": "", "text": "\"I did this a couple of years ago, and boy do I regret it. After many months of delayed, and new faces coming onto the team for a short period before leaving, there wasn't much hope to ever complete the project. I ended up accumulating debt (About 4.5 grand) that I am still paying off because I chased my dream. Unfortunately, anything can happen when you choose to pursue a goal. It can get delayed, stopped, or outright fail. At the bare minimum, you would best be prepared to deal with delays, competing products, and outright failures. If you say \"\"I have enough money to last me 12 months and I expect to take 7 months\"\", then you best be prepared to answer: These are just a handful of ideas, and there are plenty more that would need to be addressed. Probably the best thing that I have seen a few friends do is to ask for reduced hours. Working part time allows you more time while reducing, but not eliminating, the pay. Even better is that depending on your company, you could ask to go back to full time if your startup didn't work out. Another option is to do what I'm doing currently: Find a job with lots of downtime. My job is critical and the market here is starved of good techs. Even then, I have a solid 2-4 hours of work each day. The other 4-6 hours I can spend on my personal projects that may eventually lead into a startup. If you plan to do this though, make sure to read your agreements carefully. There may be restrictions on copyright and the likes by working on a personal project on company property. If you do plan to go this route, you might want to consult a lawyer (like I did) to make sure you won't get screwed later.\""}
{"_id": "307059", "title": "", "text": "If he has the budget to get a vehicle wrap, I suggest it. I currently work for a company that does them and they're a billboard on wheels. My boss has gotten tons of business from his vehicle alone. The wrap paid for itself ten fold.  Edit: I just now clicked the truck photos. Dude, wrap that whole thing if you can. Seriously. A good wrap will pay for itself in no time at all. When the truck isn't being driven, leave it somewhere viewable on a main road."}
{"_id": "307082", "title": "", "text": "I'd have a look at Capital One's Online account too, they've got 1.35% interest rate with 10% bonus if you have over $15k deposited. It is still low like all interest rates, but at least it is on top (or at least close)!"}
{"_id": "307083", "title": "", "text": "\"The simplest answer to why you can't see it in your online statement is a design/business decision that was made, most probably originally to make online statements differ as little as possible from old fashioned monthly printed statements; the old printed statements never showed holds either. Some banks and card services actually do show these transactions online, but in my experience these are the rare exceptions - though with business/commercial accounts I saw this more, but it was still rare. This is also partly due to banks fearing lots of annoying phone calls from customers and problems with merchants, as people react to \"\"hey, renting that car didn't cost $500!\"\" and don't realize that the hold is often higher than the transaction amount and will be justified in a few days (or weeks...), etc - so please don't dispute the charges just yet. Behind the scenes, I've had bankers explain it to me thusly (the practice has bitten me before and it bothered me a lot, so I've talked to quite a few bankers about this): There are two kinds of holds: \"\"soft holds\"\" and \"\"hard holds\"\". In a soft hold, a merchant basically asks the bank, \"\"Hey, is there at least $75 in this account?\"\" The bank responds, and then has it's own individually set policy per account type as to how to treat that hold. Sometimes they reserve no money whatsoever - you are free to spend that money right out and rack up NSF fees to your heart's content. Yet some policies are to treat this identically to a hard hold and keep the money locked down until released. The hard hold is treated very much like an actual expenditure transaction, in that the money is locked and shown as no longer available to you. This varies by bank - some banks use an \"\"Account Balance\"\" and an \"\"Available Balance\"\", and some have done away with these dual terms and leave it up to you to determine what your balance is and what's \"\"available\"\" (or you have to call them). The key difference in the hard hold and a real expenditure is, technically, the money is still in your bank account; your bank has merely \"\"reserved\"\" it, earmarking it for a specific purchase (and gently promising the merchant they can have their money later), but the biggest difference is there is a time-limit. If a merchant does not process a completion to the transaction to claim the money, your bank will lift the hold after a period of time (I've seen 7-30 days as typical in the US, again varying by institution) returning your money to your balance that is available for purchasing and withdrawal. In every case, any vaguely decent banking institution allows you to call them, speak to some bank employee, and they can look up your account and inform you about the different sort of holds that are on your account that are not pending/completed purchase transactions. From a strictly cynical (perhaps rightly jaded) point of view, yes this is also used as a method to extort absurdly high fees especially from customers who keep a low balance in their account. I have had more than one bank charge NSF fees based on available balances that were due to holds made by gas pumps, for instance, even though my actual \"\"money in my account\"\" never went below $0 (the holds were for amounts larger than the actual transaction). And yes, the banks usually would waive those fees if you bothered to get someone on the phone or in person and made yourself a nuisance to the right person for long enough, but they made you work for it. But I digress.... The reality is that there are lots of back and forth and middle-men in transactions like this, and most banks try to hide as much of this from you the client as possible, partly because its a huge confusing hassle and its part of why you are paying a bank to handle this nonsense for you to start with.  And, as with all institutions, rules and policies become easily adjusted to maximize revenues, and if you don't keep sizable liquid minimum balances (100% of the time, all year long) they target you for fees.  To avoid this without having fat wads of extra cash in those accounts, is use an entirely disconnected credit card for reservations ONLY - especially when you are traveling and will be making rentals and booking hotels. Just tell them you wish to pay with a different card when you are done, and most merchants can do this without hassle. Since it's a credit card with monthly billing you can often end up with no balance, no waiting around for a month for payments to clear, and no bank fees! It isn't 100%, but now I never - if I can possibly avoid it - use my debit/bank card to \"\"reserve\"\" or \"\"rent\"\" anything, ever.\""}
{"_id": "307092", "title": "", "text": "This line of thinking assumes that eventually we reach a state where not one single person wants more or better stuff then they already have access to.  Even in the most advanced imaginable future, where machines make everything and robots provide every service, and all the machines and robots are made and maintained by other machines and robots, people will still have jobs. Even if there were infinite numbers of free robots, so that no task could ever be done cheaper by a human than it would cost to buy a robot, everyone's people's job will be to sit around and invent more and better stuff for robots to build."}
{"_id": "307095", "title": "", "text": "If that company issues another 100 shares, shouldn't 10 of those new 100 shares be mine? Those 100 shares are an asset of the company, and you own 10% of them. When investors buy those new shares, you again own a share of the proceeds, just as you own a share of all the company's assets. A company only issues new share to raise money - it is a borrowing from investors, and in that way can be seen as an alternative to taking on loans. Both share issuing and a loan bring new capital and debt into a company. The difference is that shares don't need to be repaid."}
{"_id": "307099", "title": "", "text": "&gt;he found the process of booking the flight to be archaic and obscure. It required phone conversations with a broker, tedious insurance paperwork...  and   &gt;JetSmarter acts as the concierge service, helping their tech-savvy users book flights and meet their travel needs, primarily through a messengering service on the app (although 24/7 human phone support is available).  This doesn't sound tremendously different than what every single charter company does already.   &gt;JetSmarter hopes to enable jet-setters to sell unused seats on their chartered flights. Currently, \u201cempty legs\u201d are available at a discounted rate.  Again, pretty much all charter companies already offer discounted empty legs.   I do not know if any existing companies have an app, and that seems to be the only unique feature of JetSmarter but that's really all that it is. They don't provide pilots or aircraft so hopefully their 'finders fee' is enough to keep them afloat."}
{"_id": "307101", "title": "", "text": "Another consideration and a reason to choose roof vents for your property is during winter, the vents will allow the hot and trapped air to escape before it condensates. This can save you fortunes of money, reducing the risk of mould and mildew damage.It is important that you have your vents professionally inspected on an annual basis."}
{"_id": "307113", "title": "", "text": "was getting blood drawn for two doctors so multiple vials. technician says one test is mis-coded on the doctor's order and so I'd have to pay...**pay $563** or not have the test done  so I was giving seven vials, now six.  takes about 15 seconds to take the 7th and a machine does the analysis  ...hmmmm"}
{"_id": "307115", "title": "", "text": "\"Generally speaking no one is \"\"irreplaceable\"\". I have watched someon with \"\"irreplaceable\"\" skills and business knowledge  leave and I have been that someone. Both times it didn't matter. When it does matter it is typically the exception and not the rule.   When that person leaves, someone will step up. People don't know it at the time but the knowledge has been passed on or there is someone will be able to pick up the slack. They just don't know that until it happens.  Lastly, being irreplaceable breaks the one of the rules to being promote-able. Someone, anyone, should know how to do you job. If not you are less likely to be promoted.  You want to keep you job and maybe get a raise. Be the value add employee and more importantly be able to prove it.\""}
{"_id": "307117", "title": "", "text": "This is a reasonable idea and many people have done it. But there are some risks that you need to mitigate. This is a viable business model, but it is a business and you need to treat it as such and expect to work quite hard at it."}
{"_id": "307120", "title": "", "text": "\"Unemployment insurance provides a temporary safety net to workers who lose their jobs by replacing a portion of their salary for certain periods. Each state administers its own unemployment insurance program so some rules may vary from state to state. To receive unemployment insurance payments, you must have lost your job through no fault of your own. If you quit your job or lost it because of poor performance or another justifiable reason, you are not eligible for unemployment insurance benefits. State unemployment insurance programs require claimants to have worked sufficiently before they can claim benefits. As soon as you apply for unemployment insurance, an agency with the state in which you live will verify that you were a victim of a layoff by contacting your previous employer and making sure you lost your job due to lack of work and not an action within your control. After the state verifies you were indeed the victim of a layoff, your weekly payment is calculated. Your payment will be a percentage of what you made in your previous job, generally between 20 percent and 50 percent, depending on your state. Unemployment insurance replaces only a portion of your previous pay because it is intended to pay only for the essentials of living such as food and utilities until you find new employment. Before you begin receiving benefits, you must complete a waiting period of typically one or two weeks. If you find a new job during this period, you will not be eligible for unemployment benefits, even if the job does not pay you as much as your previous job. After the waiting period, you will begin to receive your weekly payments. Employers pay for unemployment insurance through payroll taxes. So, while employees' work and earnings history are important to funding their unemployment benefits, the money does not come from their pay. Employer unemployment insurance contributions depend on several factors, including how many former employees have received benefits. Employers pay taxes on an employee's base wages, which vary by state. California, for example taxes employers on the first $7,000 of an employee's annual earnings, while neighboring Oregon taxes up to $32,000 of wages. Employers must set aside funds each payroll period and then report taxes and pay their states quarterly. States have several categories of tax rates they charge employers. New businesses and those first adding employees pay the \"\"new rate,\"\" which is typically lower and geared toward small businesses. Established businesses who haven't paid their taxes recently or properly are usually assessed the \"\"standard rate\"\" --- the highest possible tax rate, which in 2010 ranged from 5.4 percent in several states including Georgia, Hawaii and Alaska to 13.56 percent in Pennsylvania. Businesses in good standing may receive discounts under the \"\"experienced rate.\"\" Depending on the number of employees a business has and how many former employees have claimed unemployment, states can give sizable rate reductions. The fewer claims, the lower the rate a business pays in unemployment insurance taxes. As a result of the economic crisis legislation has been passed to extend Unemployment benefits.  Regular unemployment benefits are paid for a maximum of 26 weeks in most states. However, additional weeks of extended unemployment benefits are available during times of high unemployment. The unemployment extension legislation passed by Congress in February 2012 changed the way the tiers of Emergency Unemployment Compensation (EUC) are structured. A tier of unemployment is an extension of a certain amount of weeks of unemployment benefits. There are currently four tiers of unemployment benefits. Each tier provides extra weeks of unemployment in addition to basic state unemployment benefits. Emergency Unemployment Compensation (EUC) Tiers June - August 2012: Source and further information can be found here - Unemployment Tiers - About.com Sources: Unemployment Insurance(UI) - US Dept. of Labor How Does Unemployment Insurance Work? - eHow Percentage of Pay That Goes to Unemployment Insurance - eHow Additional Info: You can file for UI over the internet here are some useful resources. OWS Links State Unemployment Offices - About.com How to Apply for Unemployment Over the Internet - eHow\""}
{"_id": "307124", "title": "", "text": "What is defensible about any upvoted item on /r/politics that pertains to Trump?   You are arguing semantics, Trump's positions are indefensible outside of propaganda and, quite plainly, he is a liar and is CONTINUALLY exposed as a liar.   Again, you have provided no substance for Trump or his supporters not just being outright full of shit, because there is no substance to provide. You don't like it, you're free to leave."}
{"_id": "307131", "title": "", "text": "Yes, of course it is. Car dealers are motivated to write loans even more than selling cars at times. When I bought a new car for the first time in my life, in my 40's, it took longer to get the finance guy out of my face than to negotiate and buy the car.  The car dealer selling you the used car would be happy to package the financing into the selling price. Similar to how 'points' are used to adjust the actual cost of a mortgage, the dealer can tinker with the price up front knowing that you want to stretch the payment out a bit.  To littleadv's point, 3 months isn't long, I think a used car dealer wold be happy to work with you."}
{"_id": "307133", "title": "", "text": "\"Oh shit. I just realized I was in /r/economy not /r/economics. I thought I was going insane when I read through these comments.   I don't understand how any reasonable person with even the slightest ability to critically think could read that article, and the study they quote, and come to the conclusion that \"\"college is for suckers.\"\" It's just illusory correlation bullshit.   Its the Reddit equivalent of those dumb people you know who post articles on Facebook like \"\"study finds lazy people are smarter,\"\"to justify how sad their lives are.\""}
{"_id": "307135", "title": "", "text": "\"You are not guaranteed free speech on a private website,   Go create your own social media network if you are triggered by Zuckerberg.   \"\"anti American\"\" - this tired canard is always used against anyone not sucking trump's dick.\""}
{"_id": "307151", "title": "", "text": "From the way I look at things tmobile competes in prices with the big three. What SoftBank seemed to do was lower prices in Japan and offer better service.   Pretty much why not pay a little more for better service."}
{"_id": "307153", "title": "", "text": "\"The economics of it say that you need to win 30% of the homes you pass in order to break even.  Google has only entered markets where there is already a cable incumbent plus the phone company probably offers service although their market share is surely smaller so there are 2 solid providers and 1 marginal provider, at least.  For a 4th provider to come in, they could really only hope to break even and that would be very difficult considering the marketing clout of the competitors.  At that point, you're talking a generic product and you can really only compete on price and possibly better service.  Competing on price is a fools errand in this case as the competitors will match your prices until you go broke.  Look at how Comcast and TWC \"\"miraculously\"\" boost speeds in cities when Google shows up.   For a different example, look at the airline industry and what has happened when a low cost competitor brings service to a city that has an airline fortress hub.  The big airline will double capacity on the route and match every price until they break the upstart.  The day (literally) the new airline folds, they cut service and raise prices.\""}
{"_id": "307155", "title": "", "text": "This is copying my own answer to another question, but this is definitely relevant for you: A bid is an offer to buy something on an order book, so for example you may post an offer to buy one share, at $5. An ask is an offer to sell something on an order book, at a set price. For example you may post an offer to sell shares at $6. A trade happens when there are bids/asks that overlap each other, or are at the same price, so there is always a spread of at least one of the smallest currency unit the exchange allows. Betting that the price of an asset will go down, traditionally by borrowing some of that asset and then selling it, hoping to buy it back at a lower price and pocket the difference (minus interest). Going long, as you may have guessed, is the opposite of going short. Instead of betting that the price will go down, you buy shares in the hope that the price will go up. So, let's say as per your example you borrow 100 shares of company 'X', expecting the price of them to go down. You take your shares to the market and sell them - you make a market sell order (a market 'ask'). This matches against a bid and you receive a price of $5 per share. Now, let's pretend that you change your mind and you think the price is going to go up, you instantly regret your decision. In order to pay back the shares, you now need to buy back your shares as $6 - which is the price off the ask offers on the order book. Similarly, the same is true in the reverse if you are going long. Because of this spread, you have lost money. You sold at a low price and bought at a high price, meaning it costs you more money to repay your borrowed shares. So, when you are shorting you need the spread to be as tight as possible."}
{"_id": "307158", "title": "", "text": "\"A lease is a rental plain and simple.  You borrow money to finance the expected depreciation over the course of the lease term.  This arrangement will almost always cost more over time of your \"\"ownership.\"\"  That does not mean that a lease is always a worse \"\"deal.\"\"   Cars are almost always a losing proposition; save for the oddball Porsche or Ferrari that is too scarce relative to demand.  You accept ownership of a car and it starts to lose value.  New cars lose value faster than used cars.  Typically, if you were to purchase the car, then sell it after 3 years, the total cost over those three years will work out to less total money than the equivalent 36 month lease.  But, you will have to come up with a lot more money down, or a higher monthly payment, and/or sell the car after 36 months (assuming the pretty standard 36 month lease).  With this in mind, some cars lease better than others because the projected depreciation is more favorable than other brands or models.   Personally, I bought a slightly used car certified pre-owned with a agreeable factory warranty extension.  My next car I may lease.  Late model cars are getting so unbelievably expensive to maintain that more and more I feel like a long term rental has merit. Just understand that for the convenience, for the freeing up of your cash flow, for the unlikelihood of maintenance, to not bother with resale or trading the car in, a lease will cost a premium over a purchase over the same time frame.\""}
{"_id": "307162", "title": "", "text": "So he should subsidize the broken educational system and poor decisions made by young Americans? I took out $100K in student debt, mostly from grad school. I'm going to pay it off myself, as should everyone else."}
{"_id": "307173", "title": "", "text": "That's a broad question, but I can throw some thoughts at you from personal experience.  I'm actually an Australian who has worked in a couple of companies but across multiple countries and I've found out first hand that you have a wealth of opportunities that other people don't have, but you also have a lot of problems that other people won't have. First up, asset classes. Real estate is a popular asset class, but unless you plan on being in each of these countries for a minimum of one to two years, it would be seriously risky to invest in rental residential or commercial real estate. This is because it takes a long time to figure out each country's particular set of laws around real estate, plus it will take a long time to get credit from the local bank institutions and to understand the local markets well enough to select a good location. This leaves you with the classics of stocks and bonds. You can buy stocks and bonds in any country typically. So you could have some stocks in a German company, a bond fund in France and maybe a mutual fund in Japan. This makes for interesting diversification, so if one country tanks, you can potentially be hedged in another. You also get to both benefit and be punished by foreign exchange movements. You might have made a killing on that stock you bought in Tokyo, but it turns out the Yen just fell by 15%. Doh. And to top this off, you are almost certainly going to end up filling out tax returns in each country you have made money in. This can get horribly complicated, very quickly. As a person who has been dealing with the US tax system, I can tell you that this is painful and the US in particular tries to get a cut of your worldwide income. That said, keep in mind each country has different tax rates, so you could potentially benefit from that as well. My advice? Choose one country you suspect you'll spend most of your life in and keep most of your assets there. Make a few purchases in other places, but minimize it. Ultimately most ex-pats move back to their country of origin as friends, family and shared culture bring them home."}
{"_id": "307185", "title": "", "text": "Canada is like that guy who is legally an adult, but hasn't ever really had to fend for themselves.  When the fridge is constantly stocked and the lights and heat are always on, it's easy to point out other people's problems.    But they never stopped to think about what mom and dad had to do to make everything work like a well oiled machine.  And now that mom and dad are starting to tighten the purse strings and jr has to go out in the world by themselves, they start to see that they share a lot of the same problems as all the people they've been pointing fingers at."}
{"_id": "307186", "title": "", "text": "FDIC insurance only protects certain funds, and is not meant to protect against losses in the market, or to guarantee every investment you might make. Generally, the only accounts that will be FDIC insured are savings, checking, money market and CDs."}
{"_id": "307199", "title": "", "text": "\"You're right. We have only one historical example of successfully getting these types of policies changed, and that was by \"\"striking.\"\"  And not just symbolic, two-days-and-we're-back type stuff. These were serious challenges to the normal government monopoly on violence. Laws were passed trying to force workers back to their jobs and/or mandate free passage across the picket line by scab workers, which put the police in the position of having to try to enforce those laws, which resulted in armed conflict between police and strikers. People on both sides died.  The result: Workplace safety laws, the end of child labor, the weekend, the 40-hour work week, and all the other stuff we now enjoy. (Or rather that Europeans enjoy, even though Americans fought just as hard and died just as much to achieve them.)\""}
{"_id": "307203", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.governing.com/topics/finance/gov-cashless-businesses-poor-unbanked.html) reduced by 84%. (I'm a bot) ***** &gt; Sweetgreen, a salad food chain, went cashless at locations this year in California, Illinois, Maryland, Pennsylvania, Virginia and Washington, D.C. Jetties, which serves salads and sandwiches throughout D.C., went cashless in 2015.  &gt; &amp;quot;We&amp;#039;re not for or against cashless transactions. Our biggest concern isn&amp;#039;t cash or not-cash, it&amp;#039;s banked or not-banked,&amp;quot; says David Rothstein of the Cities for Financial Empowerment Fund, a nonprofit that aims to provide low- and moderate-income people with financial stability.  &gt; An Amsterdam Falafel in Boston briefly went cashless last year but quickly halted the experiment and has no plans to go cashless at any of their locations, says Arianne Bennett, president and CEO of the fast-casual chain.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6oaesl/how_a_cashless_society_would_harm_the_poor/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170783 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **cashless**^#1 **people**^#2 **bank**^#3 **account**^#4 **cash**^#5\""}
{"_id": "307206", "title": "", "text": "One aspect that may not be obvious - if you contribute to an HSA through payroll deduction, it comes out before the Social Security (6.2%) and Medicare (1.45%) taxes.  Since a payroll contribution reduces your taxes by 7.65%, it's generally the better option."}
{"_id": "307226", "title": "", "text": "Under what conditions did you move? My favourite method of judging prices objectively comes from concepts written in Your Money or Your Life by Joe Dominguez. Essentially it normalizes money spent by making you figure out how much an item costs with respect to the number of hours you needed to work to afford it. I prefer that method versus comparing with others since it is objective for yourself and looks beyond just the bare prices."}
{"_id": "307230", "title": "", "text": "\"I bought 1000 shares of Apple, when it was $5. And yet, while the purchase was smart, the sales were the dumbest of my life.  \"\"You can't go wrong taking a profit\"\" \"\"When a stock doubles sell half and let it ride\"\", etc.  It doubled, I sold half, a $5000 gain. Then it split, and kept going up. Long story short, I took gains of just under $50,000 as it rose, and had 100 shares left for the 7 to 1 split.  The 700 shares are worth $79,000. But, if I simply let it ride, 1000 shares split to 14,000. $1.4M. I suppose turning $5,000 into $130K is cause for celebration, but it will stay with me as the lost $1.3M opportunity.  Look at the chart and tell me the value of selling stocks at their 52 week high. Yet, if you chart stocks heading into the dotcom bubble, you'll see a history of $100 stocks crashing to single digits. But none of them sported a P/E of 12.\""}
{"_id": "307246", "title": "", "text": "No.  You already received the deduction, since that lost FSA money was pre-tax.  You can't double dip.  However if your FSA amount was less than your actual expenses, you can file on the difference. Example: $4500 actual expenses, $3000 FSA (lost).  You can get the dependent care credit based on $1500."}
{"_id": "307247", "title": "", "text": "Dexmet has been providing expanded metal foils for primary and secondary battery applications for over thirty (30) years. Over these years, we have tried to advance the expanding process to introduce new and unique materials for the battery industry.  For more information email us at sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website www.dexmet.com."}
{"_id": "307276", "title": "", "text": "No It's not a loan. It's an equity investment. Think of it as a business. The parents bought 75% of the equity with $115K, and are entitled to 75% of the sale proceeds, should you someday liquidate the business (i.e. selling the house). The $500 per month is just business revenue and is paid to your parents as a dividend. Imagine you rent it out to your self and charge a $666.66 rent - you take 25% of that back and give your parents the rest. Like any equity investment, the risk for them is that if the value of the house goes down, they will have to shoulder the loss.  And you are right, there is no way to build equity. You already sold that to your parents."}
{"_id": "307315", "title": "", "text": "I can only speak for germany/europe. Inkasso companies/lawyer would write a letter with a bill, those letters have register numbers. If in doubt, one would call the company, ask who is the debtor/what is the origin of the bill. I certainly would not react on a phone call. However, if an official entity or lawyer is contacting you, you have to take action asap, at least calling them."}
{"_id": "307335", "title": "", "text": "Most likely crazy bad, given all the news rolling out by October, mainly the fed meetings and government debt ceiling. Those big issues will scare the market imo. Nothing bad may actually happen, but the markets do not care what actually happens, but what they THINK is going to happen. I might take up some long TVIX/VXX positions myself."}
{"_id": "307380", "title": "", "text": "The NYSE 20 Year Plus Treasury Bond Index (AXTWEN) is a multiple-security fixed income index that aims to track the total returns of the long-term 20 year and greater maturity range of the U.S. Treasury bond market. The index constituent bonds are weighted by their relative amounts outstanding.One cannot directly invest in an Index. Index Bond Maturities 24 to 27 Years  20.36% /27 to 29 Years     79.64% Index Duration 17.47 Years An oversimplification of how bonds value changes as rates change is they are inversely related based on the duration of the bond.  Think of duration as the time-weighted average of all the coupons and the final payment. In this case, a drop in rates of about 1% will cause a rise in value of about 17.4%. Long term rates took a drop in the last year."}
{"_id": "307390", "title": "", "text": "Just a quick reminder to everyone.   Infant mortality rates are actually measured differently from country to country, and by measured I mean they have different metrics as to what constitutes as infant mortality.   America has the highest degree of scrutiny, wherein once the baby is out of the womb it is now eligible to be counted if it passes (dies). In almost every other country (perhaps all), the metrics are given a leeway such as hours, days, or weeks after.  Comparing country to country is disingenuous unless you look at how they are actually measured. Essentially, the data would be similar to looking at amount of deaths per county but not taking the per capita, so the more populous county looks more dangerous."}
{"_id": "307397", "title": "", "text": "I think you are overcomplicating the scenario by assuming a benefit that doesn't exist. Assume an employee earns 50k, before considering the MSP. The corporation wants to cover the MSP. They have two options: increase the salary to $50,900, or keep the salary the same and pay for the MSP directly. Both options increase the employee's taxable income by $900. Both options decrease the corporation's income by $900. Net tax for each is unchanged. *Note - I couldn't find any specific reference to the MSP in income tax documentation on either BC Finance's or CRA's website. I am assuming that it is treated as a regular cash benefit, though I am not 100% convinced this is the case. If I am wrong in this please provide a comment below."}
{"_id": "307404", "title": "", "text": "I am a non-resident alien transferring a limited amount ( in dollars post tax) to India every couple of months. Assuming you are transferring this into an NRE account in India or atleast NRO account in India. As a NRI, by regulations one should not hold normal Savings account. This has to be converted into NRO. I put that money as a fixed deposit in a bank (which gives 6-7 percent annual return) Assuming you have FCNR deposits. Also assuming that you are declaring the taxes in your US Tax returns and paying tax accordingly. There is no tax in India on FCNR. If this was in ordinary FD or in NRO account, you are declaring and paying taxes in India as well as in US. What is the max limit on transferring money back from India to USA? If you have transferred this into NRE account, there is no limit. Other account there is a limit. Read more at Liberalized Remittance Scheme and here. What are the legitimate ways to transfer the money? From India point of view, this has to be Bank to Bank transfers. You can't carry cash [Indian Rupees] outside of India beyond Rs 25000 [or 15000?]. You can't hold excess of USD 250 without valid purpose. Western Union is not authorized to transfer funds out of India. Will there be any tax levied? No assuming you are already paying taxes on the Interest in US and depending on the type of account in India."}
{"_id": "307406", "title": "", "text": "How about this rule? Sell 10% of your shares every time they double in price.  (of course, only buy stocks that repeatedly double in price)"}
{"_id": "307409", "title": "", "text": "\"JoeTaxpayer's advice is solid - reallocating to your target asset allocation is the right move.  You should have an Investor Policy Statement (IPS) that maps out your financial objectives, risk tolerance, liquidity constraints, etc.  From the IPS, you can determine your target asset allocation and rebalance accordingly.  A few more comments: It sounds like 100% of your 401k is in US stocks.  You might have other accounts that make your overall portfolio globally diversified, but if not, you want to make sure to set a target asset allocation for a global portfolio.   Your statement \"\"If this were in my brokerage account I'd probably cash out some of the profits and hold onto it and buy more shares as the market eventually comes back down. But this being a 401k which has semi-monthly deposits from my paycheck, do I just leave it?\"\" is a bit counterintuitive.  If you are going to try to time the market (a very hard task), it is better to use a retirement account, so you don't have to realize capital gains.  Timing the market is probably a bad idea, but if you engage in market timing, it is probably better to use a retirement account than a brokerage account. If you would like to tilt your asset allocation based on the market valuation, I recommend researching Shiller's Cyclically Adjusted Price to Earnings ratio.\""}
{"_id": "307411", "title": "", "text": "The credit scale is deceptive, it goes: AAA, AA, A, BBB, BBB-, BB+, BB, B, CCC, CC, C, D. In reality it should be A,B,C,D,E, F, G,H, I, etc. The current scale does not reflect with clarity the ranking of risks and ratings. AA is much worse than AAA, but the uncertainty involved can be scary. Check out these corporate and sovereign debt credit ratings."}
{"_id": "307424", "title": "", "text": "There's a few options you may want to look into. First, I'm writing from an US point of view, I do not know if these are available in Russia.  First look into DRIPS (Dividend Reinvestment Plans). These seem tailor made for your request. They are plans set up by companies that pay dividends. If you own at least one share (costing no more than say $100 often less), then these companies will take the dividends paid on these shares and automatically buy more shares as the income from the dividends pile up. This is a low cost of entry way of getting in on many high quality stocks. Stalwart stocks such as GE and many utility and real estate stocks (REITs) offer this.  Check out these links: Secondly you can look at brokerages that specialize in buying smaller amount of stocks on a regular basis to simulate a DRIP, ShareBuilder will allow you to invest say $50 or $100 a month into one or more stocks. However, at smaller amounts, their commission fees can eat in to your returns.  Folio investing does the same thing as Sharebuilder. It's worth looking at them both and comparing their commissions and other features"}
{"_id": "307426", "title": "", "text": "You can't calculate how many houses it will take. To do so you would have to know how much you can charge in rent compared to how much is costs to run that particular location. If the desirability of that location changes, so does the ability to rent the place, and so does the amount you can charge. It is possible to create a business in real estate that would allow you to generate retirement income. But you would be focusing all your income in your retirement years on one segment of the entire investment universe. The diversification would have to come from spreading the money through different types of real estate: condo, apartments, houses, commercial, warehouse, light industrial. You would even have to decide whether you want them all in one micro-market, or spread throughout a larger market, or an even wider area diversification.  As your empire grew and you approached retirement age you would have to decide if you wanted to liquidate your investments to minimize risk. The long leases that provides stability of income would make it hard to sell quickly if the market in one area started to weaken."}
{"_id": "307433", "title": "", "text": "\"I don't know why people ask these types of questions.  Do you have an interest in the business world?  Do you play the stock market, or do you at least follow some companies?  Do you read about hedge funds?  Do you read about algorithmic trading? If the answer is \"\"no\"\" to all of these, then consider something else.  I've seen too many people in the industry who are desperately unhappy because they have no interest in the industry, but are hooked on the money.\""}
{"_id": "307458", "title": "", "text": "Tesla gave up on Mobileye a while back. The self driving technology is going to be so crucial to their future business that they brought the programming in-house. They're using Nvidia processors, but they're designing the artificial intelligence system on their own."}
{"_id": "307459", "title": "", "text": "\"Fighting poverty is akin to \"\"fighting drug use\"\".  No matter how much money is raised via taxation there will always be a bottom percentile of individuals who are not \"\"wealthy\"\" in relation to others above them in society and especially Bill Gates.   If he really wants to make a difference then he should support rational and reasonable economic propositions which raises the standard of living and lowers the cost of living, but I suspect that would not bring him any sort of feel good press as his \"\"Tax the rich, give to the poor\"\" proposals.\""}
{"_id": "307465", "title": "", "text": "Although you can't invest in an index, you can invest in a fund that basically invests in what the index is made up of. Example: In dealing with an auto index, you could find a fund that buys car companies's stock. The Google Finance list of funds dealing with INDEXDJX:REIT Although not pertaining to your quetion exactly, you may want to consider buying into Vanguard REIT ETF I hope this answers your question."}
{"_id": "307477", "title": "", "text": "Thanks for your reply! I presume then if I don't convert back (say I spend everything) then it's much the same. So my main consideration should be whether I think the currency will increase or decrease in my time away if I'm converting back"}
{"_id": "307478", "title": "", "text": "L'exc\u00e8s de graisse peut \u00eatre tr\u00e8s dangereux pour le corps; cela entra\u00eene de nombreux probl\u00e8mes comme la prise de poids, probl\u00e8me cardiaque, augmentation du risque d'ob\u00e9sit\u00e9 ou encore probl\u00e8mes de digestion etc. \u00abEspace Medical Braffort\u00bb dispose des techniques les plus sophistiqu\u00e9es et innovantes pour r\u00e9duire les Exc\u00e8s Graisseux de votre corps."}
{"_id": "307490", "title": "", "text": "\"I think the survey needs to be broken down to \"\"as a consumer...\"\" and \"\"as a merchant...\"\"  I'm not sure any service like the one you propose can be really implemented on the consumer side.   In particular, I suspect few if any consumers would pay for the privilege  You might look into the company \"\"Neat\"\" who sold a specialized scanner and software package designed around organizing reciepts a while back.   Retailer buy-in is a huge factor too.  You can create a platform and encourage retailers to send reciepts via email or whatever, but at the end of the day, a lot of retailers still see value in a reciept 5x as long as it should be to itemize the 22 ways you \"\"saved money\"\" and the 19 cross-promotions or coupons they want to inform you of.    Unless you can provide equal percieved value for them, they won't be interested, even if consumers like the concept.  The classic example in this debate is the US chain \"\"CVS Pharmacy\"\"-- whose long reciepts are the butt of many jokes, but persist because they're part of an elaborate reward scheme where they give people coupons in the hopes of them coming back to use them.  As for the smaller vendors who may not be as tied to such strategies, they're also likely going to be less technically equipped to cope with  a new feature.  You almost need to target the POS vendors like NCR and IBM-- if you can make \"\"electronic reciept\"\" a feature in their platform, it becomes something that hundreds of stores are getting built into their systems for \"\"free\"\" and they just have to turn it on.  That's a lot easier than selling to every single retailer one at a time, and it would be a big enough launch that you could start to get customer preference\""}
{"_id": "307496", "title": "", "text": "because a society is more than the free market and there are costs associated with businesses paying workers low wages. You can't have a society that promotes high property values and low personal income levels. That's how you get a generation of consumers that can't afford to fully participate in the market place because they're saddled with debt and the only jobs available pay low wages with little opportunity for advancement."}
{"_id": "307501", "title": "", "text": "If you are going to complain about US debt at least look at the budget. We spent roughly half the budget on defense+wars+intelligence and another half on Medical problems. Welfare, SS are no where near as significant. How the hell do these idiots expect to fix the budget if they ignore what constitutes more than 80% of it?"}
{"_id": "307505", "title": "", "text": "The moment the dividend is announced, especially from a company that doesn't normally pay dividends, the dividend is factored into everybody's analysis. In the absence of any other news the price of apple would be expected to drop once the dividend in locked in. Why would I buy shares from you at full price one day after the dividend is paid, if I will have to wait for the next dividend? Also keep in mind the dividend was announced on July 24th, and is given to shareholders of record on August 13th. You are way behind the curve."}
{"_id": "307517", "title": "", "text": "Paying off the student loans slower and investing the rest has some advantages - the interest is tax deductible (essentially lowering that 7% number), and it helps allow you to build up a liquid emergency fund which is more important to financial security than returns."}
{"_id": "307518", "title": "", "text": "\"The stock market is not a zero-sum game.  Some parts are (forex, some option trading), but plain old stock trading is not zero sum. That is to say, if you were to invest \"\"at random\"\", you would on average make money.  That's because the market as a whole makes money - it goes up over time (6-10% annually, averaged over time).  That's because you're not just gambling when you buy a stock; you're actually contributing money to a company (directly or indirectly), which it uses to fund activities that (on average) make money.  When you buy Caterpillar stock, you're indirectly funding Caterpillar building tractors, which they then sell for a profit, and thus your stock appreciates in value.  While not every company makes a profit, and thus not every stock appreciates in true value, the average one does. To some extent, buying index funds is pretty close to \"\"investing at random\"\".  It has a far lower risk quotient, of course, since you're not buying a few stocks at random but instead are buying all stocks in an index; but buying stocks from the S&P 500 at random would on average give the same return as VOO (with way more volatility). So for one, you definitely could do worse than 50/50; if you simply sold the market short (sold random stocks short), you would lose money over time on average, above and beyond the transaction cost, since the market will go up over time on average. Secondly, there is the consideration of limited and unlimited gains or losses. Some trades, specifically some option trades, have limited potential gains, and unlimited potential losses. Take for example, a simple call option.  If you sell a naked call option - meaning you sell a call option but don't own the stock - for $100, at a strike price of $20, for 100 shares, you make money as long as the price of that stock is under $21.  You have a potential to make $100, because that's what you sold it for; if the price is under $20, it's not exercised, and you just get that $100, free.   But, on the other hand, if the stock goes up, you could potentially be out any amount of money.  If the stock trades at $24, you're out $400-100 = $300, right?  (Plus transaction costs.)   But what if it trades at $60?  Or $100?  Or $10000?  You're still out 100 * that amount, so in the latter case, $1 million.  It's not likely to trade at that point, but it could. If you were to trade \"\"at random\"\", you'd probably run into one of those types of situations.  That's because there are lots of potential trades out there that nobody expects anyone to take - but that doesn't mean that people wouldn't be happy to take your money if you offered it to them.   That's the reason your 16.66 vs 83.33 argument is faulty:  you're absolutely right that if there were a consistently losing line, that the consistently winning line would exist, but that requires someone that is willing to take the losing line.  Trades require two actors, one on each side; if you're willing to be the patsy, there's always someone happy to take advantage of you, but you might not get a patsy.\""}
{"_id": "307524", "title": "", "text": "Well, to put things simply, the government debt level has to do with the money spent by government vs the revenue the government collects. The only tenuous connection between the stock market price and the capital gains tax collected at the end of the year. Granted there should be an increase in the CGT, it would be on the actual transactions made that incurred in Capital Gains. That is, at best, a drop in the bucket. Which Trump, by the way, wants to reduce. Since over a year, 100% of the shares are not exchanged, this would not be even remotely close to the increase in stock market value.   The Government simply us no ownership over the stock market value. The stock market also does not count into GDP, so you couldn\u2019t use that to say your debt to GDP ratio declined.   They are just so unrelated that it\u2019s senseless to link them."}
{"_id": "307525", "title": "", "text": "Tell you what, I will take you up on your bet. One month of Reddit Gold that that property is not operating as a Casino anytime in the month of October.   Mainly because I'll be happy if I'm wrong- I hate to see a property that nice sitting vacant."}
{"_id": "307531", "title": "", "text": "In this situation I would recommend figuring out about what you would need to pay in taxes for the year.  You have two figures (your salary and dependents) , but not others.  Will you contribute to a 401K, do you itemize deductions, etc...  If things are uncertain, I would figure my taxes as if I took the standard deduction.   For argument's sake let's assume that comes out to $7300.  I would then add $500 on to my total to cover potential increases in taxes/fees.  You can adjust this up or down based on your ability to absorb having to pay or the uncertainty in your first calcuation. So now $7800, divide by 26 (the amount of paychecks you receive in a year) = $300 Then I would utilize a payroll calculator to adjust my exemptions and additional witholding so my federal withholding is as close as possible to this number.   Or you can sit with your payroll department and do the same."}
{"_id": "307542", "title": "", "text": "Nah, what you're seeing is pretty representative of subreddit. And I agree with you that it's a shame.  I think about business ethics a lot to the point where I got my MBA in Sustainable Business and I firmly believe that the only way to understand how to bring about positive change is to understand the goals and strategies of an organization, and the barriers or reasons they may not want or even can't change to be more of a positive part of society.   Most people are satisfied imagining businesses as a sentient evil, mustache twirling villain because understanding businesses as a complex organization is too abstract to bother participating in. Take supply chains for example. Many users would rather believe that a CEO is giving his thumbs up to employ child-slave labor so he can pay for a bigger yacht than understand the reality that supply chains are incredibly deep and complex networks that is hard to really track.  All people really care about is farming karma repeating whatever John Oliver says on TV and then congratulating themselves for participating in the improvement of society because they got mad about something. It's painfully sophomoric and I don't even bother posting my thoughts anymore because 9 times out of 10, playing devil's advocate devolves into someone accusing me of being a corporate shill.  I actually do a much better job reaching out to people in larger subreddits like AskReddit, because people on there aren't automatically anti-business like here. Also, I don't follow it closely, but there do seem to be more supportive subreddits out there for small business ownership and management."}
{"_id": "307560", "title": "", "text": "Right, because all of that overtime money just comes out of thin air. It's not like people who use transportation services (ie, everyone in New York) end up paying for it through increased MTA, Metronorth, LIR, etc. prices."}
{"_id": "307563", "title": "", "text": "Putin thinks Russia is the only country in the world and it can exist independent from others but it is not like that at all. None of the russian people deserve such communist attitude. It is not the 80's or earlier, Putin is not Stalin or maybe he wants to be just like him - a dictator or a fuhrer. What is this dictatorship or something? It's 2014 and it's a free world."}
{"_id": "307578", "title": "", "text": "New Leaf Migration is a migration practice which provides high quality advice and assistance to clients with respect to Australian immigration law, policy, and procedure. We provide assistance on employer sponsored, skilled family, business, resident return, and citizenship as well as many there areas. Our skills and knowledge of the entire Australian immigration spectrum are invaluable in analysing and determining possible solutions and pathways for people towards Australian permanent residency. We are registered with the Migration Agents Registration Authority (MARA). Our aim at New Leaf Migration is to provide knowledgeable and skilled services, in a reassuring and compassionate way that addresses the high stress levels associated with going through the immigration process."}
{"_id": "307593", "title": "", "text": "I understand now. Thank you. How important is the existence of effective price discovery tools in a market?   And the example that you gave of a farmer is good, but when I as the owner of a company, get futures regarding, say, the stocks that I own of my company, won't that be insider trading if I do that after knowing that the value of my stocks will fall? If people assume price discovery in this case, won't they also have to assume that I am doing insider trading?"}
{"_id": "307595", "title": "", "text": "I would love to know how a private for-profit corporation can do this without the consent of the person who the data is being collected from or at least told about it. We need to update our privacy laws to the 21st century."}
{"_id": "307596", "title": "", "text": "\"Your reply is an ad hominem, which would be fine if that wasn't all it was.  I'm waiting for a refutation of any of the facts I've put forth that paint the system in a critical light.  Things that would make this system okay:  - Banks being allowed far less money creation power, or none at all, forced to literally lend out only the money they have on deposit, and not create any through a pyramid of leveraging which starts at the Fed, coupled with a currency backed by a basket of diversified goods.  - A truly nationalized national banking system, without the inherent conflict of interest inherent especially in the New York Fed, which has as its board members and shareholders the very Wall Street banks it regulates.  The NY one is the worst example of this because it is the most powerful.  - Banking regulation power removed from the Federal Reserve completely and back to Congress.  - Stronger federal oversight of markets and corporate governance, which would help prevent the very malfeasance that produced the panics which justified creation of the country's central banks down through the years (the Fed is the fourth central bank, and the third of this kind of scheme in the nation's history).  Dude, I mean, the Federal Reserve was started by a bunch of robber barons, is owned and controlled by the very banks it purports to regulate, and it is the largest factor in the character of the national economy.  What's not true in any of what I've said?  Seriously, what's not true?  I mean, I'm pointing out a conflict of interest in a very serious area, and you're like, \"\"TINFOIL HAT!\"\"  What a fuck is wrong with you.\""}
{"_id": "307602", "title": "", "text": "\"I finally found it! Johnson Controls International PLC FORM 8-K/A (Amended Current report filing) Filed 10/03/16 for the Period Ending 09/02/16 from http://investors.johnsoncontrols.com/financial-information/johnson-sec-filings, says on page II-6: (my emphasis for the relevant paragraph) On September 2, 2016, Johnson Controls and Tyco completed their   combination pursuant to the Agreement and Plan of Merger (the \u201cMerger   Agreement\u201d), dated as of January 24, 2016, as amended by Amendment No.   1, dated as of July 1, 2016, by and among Johnson Controls, Tyco and   certain other parties named therein, including Jagara Merger Sub LLC, an   indirect wholly owned subsidiary of Tyco (\u201cMerger Sub\u201d).   Pursuant to the terms of the Merger Agreement, on September 2, 2016,   Merger Sub merged with and into Johnson Controls with Johnson Controls   being the surviving corporation in the merger and a wholly owned,   indirect subsidiary of Tyco (the \u201cmerger\u201d).   Following the merger, Tyco changed its name to \u201cJohnson Controls   International plc.\u201d  Immediately prior to the merger and in connection   therewith, Tyco shareholders received 0.955 ordinary shares of Tyco   (which shares are now referred to as \u201ccombined company ordinary shares\u201d)   for each Tyco ordinary share they held by virtue of a 0.955-for-one   share consolidation. In the merger, each outstanding share of common   stock, par value $1.00 per share, of Johnson Controls (\u201cJohnson Controls   common stock\u201d) (other than shares held by Johnson Controls, Tyco and   certain of their subsidiaries) was converted into the right to receive   either the cash consideration or the share consideration (each as   described below), at the election of the holder, subject to proration   procedures described in the Merger Agreement and applicable withholding   taxes.   The election to receive the cash consideration was undersubscribed. As a   result, holders of shares of Johnson Controls common stock that elected   to receive the share consideration and holders of shares of Johnson   Controls common stock that made no election (or failed to properly make   an election) became entitled to receive, for each such share of Johnson   Controls common stock, $5.7293 in cash, without interest, and 0.8357   combined company ordinary shares, subject to applicable withholding   taxes.   Holders of shares of Johnson Controls common stock that elected to   receive the cash consideration became entitled to receive, for each such   share of Johnson Controls common stock, $34.88 in cash, without   interest, subject to applicable withholding taxes.   In the merger, Johnson Controls shareholders received, in the aggregate,   approximately $3.864 billion in cash. Immediately after the closing of,   and giving effect to, the merger, former Johnson Controls shareholders   owned approximately 56% of the issued and outstanding combined company   ordinary shares and former Tyco stockholders owned approximately 44% of   the issued and outstanding combined company ordinary shares. This answers what actually happened in the transaction; as far as my cost basis in the new JCI, it's a little more obscure; on page II-7 it says: For pro forma purposes, the valuation of consideration transferred is   based on, amongst other things, the adjusted share price of Johnson   Controls on September 2, 2016 of $47.67 per share and on page II-8: Johnson Controls adjusted share price as of September 2, 2016 (2): $47.67 (2) Amount equals Johnson Control closing share price and market   capitalization at September 2, 2016 ($45.45 and $29,012 million,   respectively) adjusted for the Tyco $3,864 million cash contribution   used to purchase 110.8 million shares of Johnson Controls stock for   $34.88 per share. and both agree with the information posted at http://www.secinfo.com/dpdtb.w6n.2n.htm#1stPage (R66 Merger Transaction Fair Value of Consideration Transferred (Details)) which I can't seem to find on an \"\"official\"\" website but it purports to post from the SEC EDGAR database.    So for each share of JCI, it had a fair value of $47.67 prior to the acquisition, and transformed into $5.7293 in cash, plus 0.8357 of \"\"new\"\" JCI shares with a basis of $47.67 - $5.7293 = $41.9407. Stated in terms of \"\"new\"\" JCI shares, this is $50.1863 (=$41.9407/0.8357) per \"\"new\"\" JCI share. (I'm not really 100% sure of this calculation though.)  I also found JCI's Form 8937 which states Fair market value generally is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the facts. U.S. federal income tax law does not specifically prescribe how former JCI shareholders should determine the fair market value of the Tyco ordinary shares received in the merger.  One possible method of determining the fair market value of one Tyco ordinary share is to use the average of the high and low trading prices on the date of the merger, which was $45.69. Other methods for determining the fair market value of Tyco ordinary shares are possible. Former JCI shareholders are not bound by the approach described above and may, in consultation with their tax advisors, use another approach.   as well as similar text on the IRS website: One possible method of determining the fair market value of one Tyco ordinary share is to use the average of the high and low trading prices on the date of the merger, which was $45.69. Using this figure, former JCI shareholders that elected to receive shares in the merger would receive cash and Tyco ordinary shares worth approximately $43.91 per share of JCI common stock exchanged in the merger (assuming no cash received in lieu of fractional shares).\""}
{"_id": "307603", "title": "", "text": "Invasiveness is a huge portion of why AIM is still around. No real barrier to entry, you can have multiple accounts easily -- so if I want to spin up an AIM account to talk to people I don't really know without risking exposing myself (and my social circle) to others, it's the work of a couple minutes to do so. Plus, it doesn't really track me.  A lot of other services make it a lot harder to be anonymous. FB most especially. Most of the rest are either bloated or just missing pretty basic features.  I'd switch to Discord for my social circles, but lack of local logging and the fact that it's just kinda wonky (and anything but streamlined in terms of GUI) keep me from it."}
{"_id": "307605", "title": "", "text": "\"Its so funny how people complain about the price of food - the price of food in the US (for the quality) is so far and away better than the food you get in other countries. Outside of large areas in developing countries you can't get fresh food at all - or if you do its off the back of a truck and the food is full of bugs and looks emaciated.    The problem with Amazon entering the food market is that food is a penny-margin business. Walmart makes but a few cents on food sales - this is because the market for food is so large and is nearly perfectly competitive. If a tomato seller says \"\"im raising the price of my tomatoes 1c\"\", then Walmart will simply find another competitor to sell at -1c lower.  The only way Amazon will be able to break into the market is by doing the two things they are doing now:   1. Buy a company that brings to market the same shit as everyone else but with a product differentiation (organic). This way they can front load the already expensive per ticket sales to hide step 2.   2. Make shopping more convenient. With the margins being so low - the cost of buying food at Amazon (at first) will be insanely expensive. Think wholefoods with a surcharge.\""}
{"_id": "307610", "title": "", "text": "I don't see why an online-only bank would need to do anything more against fraud than a bank that also has brick-and-mortars. In the contrary, they would need less (physical) security, as they don't have to protect cash, lock boxes, and other physical assets. All banks nowadays have an online business, so they all have the same online fraud risks, and they all need the same level of protection."}
{"_id": "307675", "title": "", "text": "Let's ask another question:  Why do you buy X at price $Y? Here are some answers: Now, another question:  Are you guaranteed to get at least $Y worth of value when you buy X? Of course not!  A lot of things can happen.  Your car can be a lemon.  Your pedigreed Dachshund can get run over by a snowblower.  Or, the prices of the underlying commodity or security can go against your futures contract. You can raise your chances of getting appropriate value out of X by doing your homework and hedging your risk.  The more homework you do, the less of a gamble you're taking."}
{"_id": "307688", "title": "", "text": "\"Summary: The corporation pays 33.3% tax on dividends it receives and gets a tax refund at the same rate when it pays dividends out. According to http://www.kpmg.com/Ca/en/IssuesAndInsights/ArticlesPublications/TaxRates/Federal-and-Provincial-Territorial-Tax-Rates-for-Income-Earned-CCPC-2015-Dec-31.pdf the corporate tax rates for 2015 are: According to page 3: The federal and provincial tax rates shown in the tables apply to investment income   earned by a CCPC, other than capital gains and dividends received from Canadian   corporations. The rates that apply to capital gains are one-half of the rates shown in   the tables. Dividends received from Canadian corporations are deductible in computing   regular Part I tax, but may be subject to Part IV tax, calculated at a rate of 33 1/3%. If I understand that correctly, this means that a Corporation in Quebec pays 46.6% on investment income other than capital gains and dividends, 23.3% on capital gains and 33.33% on dividends. I'm marking this answer as community wiki so anyone can correct these numbers if they are incorrect. UPDATE: According to http://www.pwc.com/ca/en/tax/publications/pwc-facts-figures-2014-07-en.pdf page 22 the tax rate on taxable dividends received from certain Canadian corporations is 33 1/3%. Further, this is refunded to the corporation through the \"\"refundable dividend tax on hand\"\" (RDTOH) mechanism at a rate of $1 for every $3 of taxable dividends paid. My interpretation is as follows: if the corporation receives $100 of dividends from another company, it pays $33.33 tax. If that corporation then pays out $100 of dividends at a later time, it receives a tax refund of $33.33. Meaning, the original tax gets refunded. Note the first line is for the 2015 tax year while the second link is for the 2014 tax year. The numbers might be a little different but the tax/refund process remains the same.\""}
{"_id": "307701", "title": "", "text": "This is basically a form of credit card kiting, it's not necessarily illegal but it can be. It is, however, against the TOS in pretty much every merchant agreement (including Paypal and Square), so you'd most likely have your account suspended, and the merchant could pursue legal action if they felt they could prove intent to deceive. It's not practical given actual fee structures, but even if it were, most merchants are quite good at detecting this sort of thing and quick to shut down accounts."}
{"_id": "307713", "title": "", "text": "I think r/personalfinance is where you want to be.  That being said. Only do a monthly payment plan if its interest free - which it likely isn't. Figure out what the total cost for both options will be and go for the cheaper."}
{"_id": "307714", "title": "", "text": "Living in a sea facing apartment in Istanbul offers a world of opportunities to those who are fond of recreational activities such as surfing, swimming, sailing, playing beach volleyball or sunbathing and taking extended strolls along the sea line. Turkey offers the pleasures of surfing, swimming, sunbathing and more. Enjoy these activities and get immeasurable health benefits. For example, walking by the beach or playing volleyball in open courts at top projects in Istanbul is surely value for those investing in a seaside property here."}
{"_id": "307716", "title": "", "text": "There are not always capital-efficient ways for a company to reinvest its own profits. This is why dividends exist.  Imagine a company will reinvest 80% of its profits into a project with a huge projected return, but the other 20% of the company's profits cannot be reinvested efficiently because there are zero projects in which to reinvest the profits into that would return a better profit than what the company's shareholders could make by reinvesting those profits in their own way (ie: a benchmark market index like an S&amp;P 500 index fund).  Since the shareholders could make a better return with this than the company could with any company project, it would be irresponsible (technically maybe even illegal) for the company to reinvest that 20% of the profits.  This reason for companies sometimes paying out profits to shareholders in the form of dividends is a market-efficient part of the economic system, and it really is great.  If a CEO/CFO/anyone is paying out so much profit from a company that it is irresponsible to the company's investors, then that would also technically be illegal since the company is evading efficient project that would benefit its shareholders more than they could benefit themselves elsewhere in the market.  (These legalities with shareholder laws are not explicitly put into action very often, but their effects are always there)   It's also worth noting payout/plowback strategy is very important for the strategy and financing of a company, particularly for public investments."}
{"_id": "307752", "title": "", "text": "wait..what? Big pharma and the insurance industry basically wrote huge portions of the ACA and the democrats pushed it through.  Stop being so partisan. Americans are getting f***ed by these two industries, and if you think EITHER party is unaffected by their bribe money, you are sorely mistaken."}
{"_id": "307755", "title": "", "text": "&gt; that require little to no skills but will teach them and pay them well in the meantime  Curious, do jobs like this exist?   Just asking as I\u2019m trying to think of what industries might be able to do this."}
{"_id": "307767", "title": "", "text": "I would like to establish credit history - have heard it's useful to   gain employment and makes it easy to rent an apartment? Higher credit scores will make it easier with landlords, that's true. As to employment - they do background checks, which means that they usually won't like bad things, but won't care about the good things or no things (they'll know you're a foreigner anyway). Is it safe to assume that this implies I have no history whatsoever? Probably, but you can verify pulling through AnnualCreditReport, don't go around giving your personal information everywhere. Is taking out a secured loan the only way for me? No, but it's one of the easiest. Better would be getting a secured Credit Card, not loan. For loan you'll have to pay interest, for a credit card (assuming you pay off all your purchases immediately) you will only pay the credit card fees (for secured credit cards they charge ~$20-100 yearly fees, so do shop around, the prices vary a lot!). If you're using it wisely, after a year it will be converted to a regular credit card and the collateral will be returned to you with interest (which is actually very competitive, last I heard it was around 2%, twice as much as the online savings accounts). As to a secured loan - you'll be paying 4% to CU for your own money. Doesn't make any sense at all for me. For credit cards you'll at least get some value for your money - convenience, additional fraud protection, etc. The end result will be the same. Usually the credit starts to build up after ~6-12 months (that's why after a year your secured CC will be converted to a regular one). Make sure to have the statement balance in the range of 10-30% of your credit limit, to get the best results. Would it make much better sense to wait till I get a job (then I would   have a fixed monthly salary and can apply for a regular CC directly) You can apply, but you'll probably be rejected. As I mentioned in another answer elsewhere, the system in the US is such that you're unable to get credit if you don't already have credit. Which is kindof a magic circle, which you can break with the secured credit card as the least costly solution."}
{"_id": "307776", "title": "", "text": "\"@Alex B's answer hits most of it, but leaves out one thing: most companies control who can own their non-public shares, and prohibit transfers, sales, or in some cases, even ongoing ownership by ex-employees. So it's not that hard to ensure you stay under 500 investors.   Remember that Sharespost isn't an exchange or clearinghouse; it's basically a bulletin board with some light contract services and third-party escrow services.   I'd guess that many of the companies on their \"\"hot\"\" list explicitly prohibit the sale of their non-public shares.\""}
{"_id": "307779", "title": "", "text": "It looks like fair-market value when you receive your virtual currency is counted as income. And you're also subject to self-employment tax on that income. Here's an FAQ from the IRS: Q-8: Does a taxpayer who \u201cmines\u201d virtual currency (for example, uses   computer resources to validate Bitcoin transactions and maintain the   public Bitcoin transaction ledger) realize gross income upon receipt   of the virtual currency resulting from those activities? A-8: Yes,   when a taxpayer successfully \u201cmines\u201d virtual currency, the fair market   value of the virtual currency as of the date of receipt is includible   in gross income. See Publication 525, Taxable and Nontaxable Income,   for more information on taxable income.Q-9: Is an individual who   \u201cmines\u201d virtual currency as a trade or business subject to   self-employment tax on the income derived from those activities? A-9:   If a taxpayer\u2019s \u201cmining\u201d of virtual currency constitutes a trade or   business, and the \u201cmining\u201d activity is not undertaken by the taxpayer   as an employee, the net earnings from self-employment (generally,   gross income derived from carrying on a trade or business less   allowable deductions) resulting from those activities constitute   selfemployment income and are subject to the self-employment tax. See   Chapter 10 of Publication 334, Tax Guide for Small Business, for more   information on selfemployment tax and Publication 535, Business   Expenses, for more information on determining whether expenses are   from a business activity carried on to make a profit. You'd of course be able to offset that income with the expense of mining the virtual currency, depreciation of dedicated mining equipment, electricity, not sure what else. Edit: Here's a good resource on filing taxes with Bitcoin: Filling in the 1040 Income from Bitcoins and all crypto-currencies is   declared as either capital gains income or ordinary income, for   example from mining. Income Ordinary income will be declared on either   your 1040 (line 21 - Other Income) for an individual, or within your   Schedule C, if you are self-employed or have sole-proprietor business.   Capital Gains Capital gains income, or losses, are declared on   Schedule D. Since there are no reported 1099 forms from Bitcoin   exchanges, you will need to include your totals with Box C checked for   short-term gains, and with Box F checked for long-term gains. Interesting notes from that article, your first example could actually be trickier than expected if you started mining before there was a Monero to USD exchange. Also, there can also be capital gains implications from using your virtual currency to buy goods, which sounds like a pain to keep track of."}
{"_id": "307807", "title": "", "text": "Since you have a credit card, I recommend you use it for the purchase. It gets you two things at the very least: Gets the purchases reported as credit utilization. If you handle that correctly, you can improve your score Most card vendors give free extended warranty and return policies that a retailer or manufacturer does not without extra fees. I buy all my electronics using my cards and not only does that optimize my scores but I have been able to enjoy painless/better RMAs for defective products just because my AmEx card would have refunded me the money anyways and the retailers knew it (AmEx would have recovered it from them in the end so it was in their interest to resolve the matter within 30 days)"}
{"_id": "307823", "title": "", "text": "\"Even if it's legal under state law, it's still illegal federally.  Banks don't want to get shut down by federal regulators for \"\"laundering drug money\"\".   I guess dispensaries pay the rent and electric bill in cash\""}
{"_id": "307828", "title": "", "text": "The futures market trades 24 hours a day, 5.5 days a week. S&P 500 futures market continues trading, and this gives pricing exposure and influences the individual stocks when they resume trading in US session."}
{"_id": "307831", "title": "", "text": "*sigh*  When is the last time you looked for a job? I've been employed literally non-stop since I was 15, usually with 2 or more employers, so I expect no government handout. But the job market is really *that bad.*   I got lucky last year, in that one week out of college I found a job. Three days later I realized I hated it, so I started sending out resumes. I averaged 5 a week. Over the course of the next year, I received 5 replies and 2 interviews after sending out my resume **over 250 times**. The first reply took 6 months. I stayed at that same job, hating it every single day for a year, because I had no other option. I received one reply for a job that I was perfectly qualified for (I know because I interned at another office doing the exact thing) and they told me I wasn't qualified.   What if I had been laid off during that time? Remember, it took 6 months before I even got a *reply*. I would have been screwed.   **TL; DR: Living off of the government is not, by default, because you are lazy.**"}
{"_id": "307832", "title": "", "text": "I don't believe from reading the responses above that Questrade is doing anything 'original' or 'different' much less 'bad'. In RRSPs you are not allowed to go into debt. So the costs of all trades must be covered.  If there is not enough USD to pay the bill then enough CAD is converted to do so.  What else would anyone expect? How margin accounts work depends on whether the broker sets up different accounts for different currencies. Some do, some don't.  The whole point of using 'margin' is to buy securities when you don't have the cash to cover the cost.  The result is a 'short' position in the cash.  Short positions accrue interest expense which is added to the balance once a month.  Every broker does this. If you buy a US stock in a USD account without the cash to cover it, you will end up with USD margin debt.  If you buy US stock in an account that co-mingles both USD and CAD assets and cash, then there will be options during the trade asking if you want to settle in USD or CAD.  If you settle in CAD then obviously the broker will convert the necessary CAD funds to pay for it.  If you settle in US funds, but there is no USD cash in the account, then again, you have created a short position in USD."}
{"_id": "307845", "title": "", "text": "So here's the way I rationalized my subscription to games pass...I probably only buy like 4-5ish new games each year, and I get my money's worth from those. I find that there are times during the year when I do have time to game but I don't because I don't have anything I want to play. As long as I can find at least one different game to spend a week(end) or longer playing in a given month, I think I'll continue to pay the $10/month."}
{"_id": "307895", "title": "", "text": "Live where you live now untill your kids are about to go to college. Then move to Germany and send your children to college for FREE. The german universities may be not in the top 10 of the world (THE), but are still competitive enough on a worldwide scale. Also, if your children excell at college, it should not be a huge problem to transfer them to the top universities in the UK or US (with scholarships from Germany). In addition, your children can go on a exchange to other universities for a couple of months or multiple years, fully funded by the European Union or the german universities."}
{"_id": "307899", "title": "", "text": "\"That's fortunately a lie that government public schools taught us. There's no factual basis to it.  [Myth of the robber barons](http://mises.org/daily/2317)  Rockefeller had nearly 90% of market share in oil while over a 20 year period Standard Oil lowered the price of oil from 58c/gal to just 8c. You see, in a market, you can only gain a \"\"monopoly\"\" by giving the customers the most value. Government is a monopoly who uses coercive theft (taxation) to finance its services and sees taxpayers as an unlimited ATM.  Correct, the risk of *other governments* is what makes us think we need our own government. However, the huge losses of production from diverting resources to a military that spends more than the next **25 countries combined**, as ours does, prevent the development of competing security and paramilitary groups, such as Blackwater. Military and police, afterall, are just individuals being paid to protect someone's property.  We have MUCH, MUCH less control over the govt than we do corporations. Notice you have 100% control over which company you buy from? You have 0% control over whether the govt takes money from you. Having a 1 in x,000,000 vote is basically 0.00000x% say in your own spending of the tax money. When you buy a product from a company, you have 100% say in your own spending.  The contrast is day and night. You have complete control over a corporation. If AT&amp;T gained the power to tax you to force you to buy their product, and only let you vote every few years on which one of 2 CEOs they have to spend the 30% of your money they take from you, you might start to see my point here.\""}
{"_id": "307900", "title": "", "text": "\"derivatives!  learn about how they are priced, traded, and used within a portfolio for hedging and speculating.  there are calculators for \"\"net present value calculations,\"\" and you are never going to walk into an interview and say, \"\"Hey! I can look at a formula and price something.\"\"\""}
{"_id": "307919", "title": "", "text": "In this blog, i will share some important things about QuickBooks Online. In this busy life, Every businessman has limited time. So with the help of QuickBooks Online he/she has to keep a track record of their sales and expenses. For more - https://www.wizxpert.com/quickbooks-online-support/"}
{"_id": "307999", "title": "", "text": "For a lot of info on different funds, fees, average returns, etc, see this site. (Not all sections are free - but areas like Best of the Rest are, and they offer good basic starting info.) I think for getting further into the nitty-gritty, for example if a fund is socially responsible, you will need to go to the individual fund sites or read reviews - although sites like Morningstar may help. However, a few funds like this are: HESTA, Cruelty Free Super, and VicSuper (I'm with the latter). It might be useful to check out their sites to orient yourself to the Aussie approach to this issue, and then start searching more broadly from there. And for what it's worth, for a general overview of the Superannuation system, and some nice-to-know info, see this page on the Oz govt website."}
{"_id": "308006", "title": "", "text": "Yes, that would qualify as a scam to me.  I didn't think they could do most of those things, especially buying insurance without your permission.    When my area was reclassified as a flood area, they told me I had to provide proof of flood insurance, and if I didn't, they would get it for me at a price that might be higher than if I did it myself.  But there was no problem with my choice of an online flood insurance company that was much cheaper than my AAA insurance for the same.  I think that at least some of the rules are from the underwriter (?) like Fannie Mae or whoever it is that they work through.  I don't really know all the ins and outs, though.  I do know that when I had a loan through Wells Fargo, I had to increase my insurance in one area to match the value in another - I forget the details, but I think I could have reduced coverage in an alternate category if I had so desired."}
{"_id": "308010", "title": "", "text": "As mentioned in other answers the interest you make is negligible and the calculations would depend on the bank. In saying that the general trend is calculate daily, pay monthly.  A typical scenario would be that every night at midnight the interest for your account at that point in time is calculated. This occurs every midnight and at the end of the month the sum of those calculations will be added to your account. You could have had several significant transactions pass through your account in one day although if the interest is calculated at a specific point in time some transactions may not contribute to any interest. These calculations are worth thinking about,  even in circumstances of negligible returns, as it could assist when considering combining credit cards with home loan offset accounts so it is not a complete waste of time to understand how interest is calculated. The more you know ;)"}
{"_id": "308048", "title": "", "text": "It is absolutely legal. While studying on a F-1 you would typically be considered a non-resident alien for tax purposes. You can trade stocks, just like any other foreigner having an account with a US- or non-US based brokerage firm. Make sure to account for profit made on dividends/capital gain when doing your US taxes. A software package provided by your university for doing taxes might not be adequate for this."}
{"_id": "308049", "title": "", "text": "I don't like it using percentages makes no sense.  Find out what market value is for rent and pay 1/2 of that to your partner, adjust annually.   You partner should be protected from inflation if he is going to invest in real estate."}
{"_id": "308052", "title": "", "text": "That's about right.  I know a friend of mine who took a redundancy package after working at a firm for forty years. He got four weeks pay for every year he worked, and then a lump sum along with his finally salary pension, as he was two years from preretirement age anyway.  He walked away with about \u00a3250,000 by the end of it all I think."}
{"_id": "308063", "title": "", "text": "\"I wouldn't go so far as to call them victims.  US airlines have most certainly benefitted from the \"\"enhanced security screenings\"\" that make it impossible to sell/trade \"\"non-refundable\"\" tickets, force people to show up an hour earlier, and kick anyone off a plane (without a refund or credit) \"\"for security reasons\"\".  As a result, US airlines have fewer complaints, and face less backlash as they reduce the quality of service.  With how much benefit its had to the bottom line, US airlines would be *stupid* to not support these bullshit security measures.  Here's a fun fact: At many airports, flying first (or even just business) means you get your own security line. At some airports you don't get scanned or questioned, and at least *one* airport you can walk *around* the metal detector in the security line.  Whether they actually *created* these measures or not isn't an entirely different beast: When 9/11 happened, I'm sure the US state department asked the airlines *what can we do* to stop this from happening, and I'm sure that *all* of these measures were cleared by top airlines, but then I think most new legislation is cleared by lobbyists, and etc. The debate isn't whether this happens, but as always, it's whether lobbyists and corporate rights benefit Americans.\""}
{"_id": "308071", "title": "", "text": "Why not figure out the % composition   of the index and invest in the   participating securities directly? This isn't really practical.   Two indices I use follow the Russell 2000 and the S&P 500 Those two indices represent 2500 stocks. A $4 brokerage commission per trade would mean that it would cost me $10,000 in transaction fees to buy a position in 2500 stocks. Not to mention, I don't want to track 2500 investments. Index funds provide inexpensive diversity."}
{"_id": "308113", "title": "", "text": "Havoc P's answer is good (+1). Also don't forget the other aspects of business income: state filing fees, county/city filing fees, business licenses, etc.  Are there any taxes you have to collect from your customers? If you expect to make more this year, then you should make estimated quarterly tax payments.  The first one for 2011 is due around the same time as your federal income tax filing."}
{"_id": "308125", "title": "", "text": "You didn't specify where in the world you account is - ScotiaBank operates in many countries. However, for large amounts where there is a currency conversion involved, you are almost guaranteed to be better off going to a specialist currency broker or payments firm, rather than using a direct method with your bank (such as a wire transfer). Based on my assumption that your account is in Canada, one provider who I have personally used with success in transferwise, but the best place to compare where is the best venue for you is https://www.fxcompared.com In the off chance that this is an account with Scotiabank in the United States, any domestic payment method such as a domestic wire transfer should do the job perfectly well. The fees don't matter for larger amounts as they are a single fee versus a percentage fee like you see with currency conversions."}
{"_id": "308130", "title": "", "text": "I recommend pulling up a retirement calculator and having an honest conversation about how long term savings works, and the power of compound interest. Just by playing around with the sliders on an online calculator, you can demonstrate how the early years are the most important. Depending on how much they make now and are considering saving, delaying 5-10 years can easily leave 6-7 figures on the table. If it's specifically a child or close family member, I recommend pulling up your retirement account. Talk with them about how you managed it, and how much you were putting in. Perhaps show them how much is the principal and how much is interest. If you did well, tell them how. If you didn't do as well as you liked, tell them what you would have done differently. Finally, discuss a bit of psychology. Even if they don't have a professional job and are making minimum wage, getting into the habit of saving makes it easier when they eventually make more. A couple of dollars a month isn't much, but getting into the habit makes it easier to save a couple hundred dollars a month later on."}
{"_id": "308131", "title": "", "text": "1- To max out rewards. I have 5 different credit cards, one gives me 5% back on gas, another on groceries, another on Amazon, another at restaurants and another 2% on everything else. If I had only one card, I would be missing out on a lot of rewards. Of course, you have to remember to use the right card for the right purchase. 2- To increase your credit limit. One card can give you a credit limit of $5,000, but if you have 4 of them with the same limits, you have increased your purchasing power to $20,000. This helps improve your credit score. Of course, it's never a good idea to owe $20,000 in credit card debt."}
{"_id": "308132", "title": "", "text": "It really depends on your usage. I multitask somewhat heavily, and I often can't even switch back and forth between two apps without it having to reload one of them and wiping the state (ie I have to navigate back through the app again to get where I was). This is especially annoying with things that are network dependent. I'm running a custom ROM that has helped a lot, but it's still noticeably worse than my Evo 3D even though both have 1GB of RAM."}
{"_id": "308150", "title": "", "text": "\"If I understand correctly, the Traditional IRA, if you have 401k with an employer already, has the following features: Actually, #1 and #2 are characteristics of Roth IRAs, not Traditional IRAs. Only #3 is a characteristic of a Traditional IRA. Whether you have a 401(k) with your employer or not makes absolutely no difference in how your IRAs are taxed for the vast majority of people. (The rules for IRAs are different if you have a very high income, though). You're allowed to have and contribute to both kinds of accounts. (In fact, I personally have both). Traditional IRAs are tax deferred (not tax-free as people sometimes mistakenly call them - they're very different), meaning that you don't have to pay taxes on the contributions or profits you make inside the account (e.g. from dividends, interest, profits from stock you sell, etc.). Rather, you pay taxes on any money you withdraw. For Roth IRAs, the contributions are taxed, but you never have to pay taxes on the money inside the account again. That means that any money you get over and above the contributions (e.g. through interest, trading profits, dividends, etc.) are genuinely tax-free. Also, if you leave any of the money to people, they don't have to pay any taxes, either. Important point: There are no tax-free retirement accounts in the U.S. The distinction between different kinds of IRAs basically boils down to \"\"pay now or pay later.\"\" Many people make expensive mistakes in their retirement strategy by not understanding that point. Please note that this applies equally to Traditional and Roth 401(k)s as well. You can have Roth 401(k)s and Traditional 401(k)s just like you can have Roth IRAs and Traditional IRAs. The same terminology and logic applies to both kinds of accounts. As far as I know, there aren't major differences tax-wise between them, with two exceptions - you're allowed to contribute more money to a 401(k) per year, and you're allowed to have a 401(k) even if you have a high income. (By way of contrast, people with very high incomes generally aren't allowed to open IRAs). A primary advantage of a Traditional IRA is that you can (in theory, at least) afford to contribute more money to it due to the tax break you're getting. Also, you can defer taxes on any profits you make (e.g. through dividends or selling stock at a profit), so you can grow your money faster.\""}
{"_id": "308178", "title": "", "text": "\"Generally speaking I find that jumping jobs either in-company or outside it is sometimes required for even advancing in title.   When I was working at a F500 in the Portland Metro Area, people jumped around a lot. I'd say between a 1 1/2 years and 2 years was the average time someone stayed in a position before either moving around, moving out to another company, or maybe finally moving up.   Lets say you were a Financial Analyst and you wanted to be a Senior Financial Analyst. Generally speaking you would need 4-5 years  in to get there organically within the same org, if ever.   The reality is for every single one of those Senior Financial Analyst positions there is probably 100-200 applicants including inside and outside applicants. While being an employee there was definitely a good thing, it doesn't guarantee you jack or shit. You might have worked at for 3 years, but some guy coming from Silicon Valley who is moving up North to Oregon so he can afford a house is probably going to beat you in the interview process.   So that's when the other options come in. You can move around and get a new position, a new title, and the new experiences and connections that come with it. Or, you jump ship to a Senior Financial Analyst position somewhere else. The fact of the matter is applying for jobs is a giant crap shoot if you work in something that is unrelated to engineering, product creation, etc where your work can speak for you. If you have the word \"\"Analyst\"\" or \"\"Associate\"\" in your title, then career branding means more than anything else. Which job hopping gets you.  Companies already expect you to leave for better opportunities. All the reasons to be loyal are dead if you aren't waiting for stock options to vest. There are no more pensions, raises are minimal if you get them at all, and if you become a burden on the Wage Expense line of the P&amp;L they will drop you without a second thought and *maybe* a severance.  Get yours and remember that a job is a job and that no matter how much they tell you otherwise, you are replaceable and when your employer looks at you they don't see value, they see a business expense.\""}
{"_id": "308186", "title": "", "text": "Hold your visitors by adding an impressive and precise video on your website. We are an in-house Orange County video production company providing cost effective videos for company of all sizes to increase their traffic and get them converted into sales."}
{"_id": "308195", "title": "", "text": "The credits go to the buyers.  TSLA's profit margin does not take into account any emissions credits.  They did receive a nice big loan, and then they paid it back years early + interest.  Currently their sales per square foot is twice of apple, and can increase demand at will.  The federal tax credit to buyers being phased out will most likely be offset by reductions in battery cost when the time comes anyway.  Do you also feel that the Model 3 will not happen?   That car is the reason for the battery factory 'side show'."}
{"_id": "308199", "title": "", "text": "\"&gt; Your anecdote is worthless; the data I provided tells the exact opposite story.  You did not provide data. You provided a statistic. And that statistic doesn't tell me much about the distribution. All I can say, is that 50% of the people working in finance make less than 53K in their first five years, and making less than 100K after working more than 10 years. I don't know the quantiles, I don't know the min and max. It could be that fully half of the universe makes 30K, and the other half makes 53K. And this illustrates my point. Fully half of the universe is making mediocre money, and no one talks about them. All anyone ever speaks of is CEO's and fund managers printing fucking billz.   &gt; Rampant ignorance of a topic you don't undertand.  Really? Do I not understand it? What do I not understand?  &gt; You still have not provided an alternative field of study, just \"\"finance = bad.\"\"  Literally anything else. Programming is better, statistics is better, engineering is better. Fuck - go learn a trade. Even ignoring the outsized pay they are receiving, you can typically work for yourself, and you actually create shit. AND you dont have to spend 100K (SEC numbers) on a fucking degree.\""}
{"_id": "308208", "title": "", "text": "So your accountant certainly knows much more than I do about Israeli tax law and its interactions with US tax law, which is zero.  I'm going to look at this problem from the investment perspective which I hope to convince you is the most important place to start. Then you can adjust for interactions between the Isreali and US tax codes. Even if the tax breaks are exceptional, it would be hard to recommend buying real estate as an investment in the 7-10 year time frame.  Especially if this real estate is in the US.  Open/Closing fees, mortgage fees, risk of property devaluation, bad-renters, acts of god, insurance costs and tax complications make short to medium term investments in real estate a particularly risky way to invest.  Buying a local apartment and renting is somewhat more reasonable as you don't have to worry about the currency conversion and you can do a lot more research in your local environment and keep a closer eye on the property, it is  still this a pretty concentrated risk. Saving and investing using tax-advantaged accounts is generally considered a great way to build toward a down payment in the medium term.  A mixture of mostly local bonds with some local and foreign stocks and more and more cash as it gets close to purchase time is generally what is recommended when saving for a home.  This mixture is relatively safe and will tend to grow steadily without the concentrated risk of a real estate investment.  PFIC rules are complicated and certainly worth taking some time to understand, but owning real estate especially in a foreign country seems much more complicated and certainly riskier. There may be some rule that makes investing in REITs much better than normal stocks in these particular accounts though I would be surprised if that were the case.  It is generally not true for people under just he US tax code. So while option (1) may not be the absolute best from a tax perspective it would certainly be my guess as the most likely to succeed."}
{"_id": "308231", "title": "", "text": "No, it is not true. It depends on the market, the banks' inventory, the original debt that was owed, etc etc. The banks generally want to recover their money, so in case of underwater properties they may end up hold a property for years until prices bounce back (as it happened during the last crisis when many houses were boarded for months/years until banks put them back on the market hoping to sell at a price that would allow them to recover their losses)."}
{"_id": "308255", "title": "", "text": "Let me first start off by saying that you need to be careful with an S-Corp and defined contribution plans.  You might want to consider an LLC or some other entity form, depending on your state and other factors. You should read this entire page on the irs site:  S-Corp Retirement Plan FAQ, but here is a small clip: Contributions to a Self-Employed Plan You can\u2019t make contributions to a self-employed retirement plan from your S corporation   distributions. Although, as an S corporation shareholder, you receive   distributions similar to distributions that a partner receives from a   partnership, your shareholder distributions aren\u2019t earned income for   retirement plan purposes (see IRC section 1402(a)(2)). Therefore, you   also can\u2019t establish a self-employed retirement plan for yourself   solely based on being an S corporation shareholder. There are also some issues and cases about reasonable compensation in S-Corp.  I recommend you read the IRS site's S Corporation Compensation and Medical Insurance Issues page answers as I see them, but I recommend hiring CPA You should be able to do option B.  The limitations are in place for the two different types of contributions:  Elective deferrals and Employer nonelective contributions.  I am going to make a leap and say your talking about a SEP here, therefore you can't setup one were the employee could contribute (post 1997). If your doing self employee 401k, be careful to not make the contributions yourself. If your wife is employed the by company, here calculation is separate and the company could make a separate contribution for her. The limitation for SEP in 2015 are 25% of employee's compensation or $53,000.  Since you will be self employed, you need to calculate your net earnings from self-employment which takes into account the eductible part of your self employment tax and contributions business makes to SEP.  Good read on SEPs at IRS site. and take a look at chapter 2 of Publication 560. I hope that helps and I recommend hiring a CPA in your area to help."}
{"_id": "308257", "title": "", "text": "Wir sind seit \u00fcber 30 Jahren im Kundendienst f\u00fcr K\u00e4lte- und Klimatechnik t\u00e4tig und k\u00f6nnen auf eine Vielzahl erfolgreicher Projekte in der Zusammenarbeit mit unseren Partnern zur\u00fcckblicken.  Um unser Angebot zu erweitern haben wir einen Onlineshop f\u00fcr K\u00e4ltetechnik, Gastrotechnik und Schanktechnik ins Leben gerufen.  Service ist f\u00fcr uns kein Fremdwort - probieren Sie es aus !"}
{"_id": "308259", "title": "", "text": "Exactly.  Bosses/managers often frame things in terms of 'you should be thankful for us giving you a paycheck each week' when by definition, you are being paid less than your labour, strictly speaking, is worth.  ie, on the whole what you do is paying the company MORE than you receive.    Personally, I'm fine with this trade off, within reason.  I get to go home at 5, and if the phone rings I ignore it if I like.  If the place folds, no one is coming after me for a share of the company's debts, either.  But don't let anyone blow smoke that by paying you they are being generous."}
{"_id": "308260", "title": "", "text": "\"I use keyboards with Cherry MX Blue switches. They are firm and responsive enough to know your key stroke was registered when typing in numbers on the number-pad quickly.  [Here is a good one](https://www.amazon.com/Corsair-Gaming-Mechanical-Keyboard-Backlit/dp/B01ER4B8S2/ref=sr_1_3?ie=UTF8&amp;qid=1508200718&amp;sr=8-3&amp;keywords=cherry+mx+blue). You can turn off the led back-lighting.  Search for \"\"Cherry MX Blue\"\" in Amazon if you want to see alternatives. Note: Cherry is a brand of keyboard switch manufacturer.\""}
{"_id": "308276", "title": "", "text": "The issuer pays (negative money in this case) to the holder.  The person you sold your borrowed bond to gets this (negative) amount.  The person who you lent you the bond is eligible for that (negative) payment, they were the original holder of the bond.  When you return the bond you thus have to compensate the original holder.  Now turn around the cash flows and you're there. The new holder pays the issuer, the original holder pays you."}
{"_id": "308281", "title": "", "text": "im not hating whats so ever man. I'm saying exactly what golfman is saying and that is to do your due diligence. Answer me this question so i know you have some kind of info on this business. What is their profit margin and overhead costs?"}
{"_id": "308289", "title": "", "text": "The forward curve for gold says little, in my opinion, about the expected price of gold. The Jan 16 price is 7.9% (or so) higher than the Jan 12 price. This reflects the current cost of money, today's low interest rates. When the short rates were 5%, the price 4 years out would be about 20% higher. No magic there. (The site you linked to was in German, so I looked and left. I'm certain if you pulled up the curve for platinum or silver, it would have the identical shape, that 7.9% rise over 4 years.) The yield curve, on the other hand,  Is said to provide an indication of the direction of the economy, a steep curve forecasting positive growth."}
{"_id": "308294", "title": "", "text": "The PE ratio stands for the Price-Earnings ratio. The price-earnings ratio is a straightforward formula: Share Price divided by earnings per share. Earnings per share is calculated by dividing the pre-tax profit for the company by the number of shares in issue. The PE ratio is seen by some as a measure of future growth of a company. As a general rule, the higher the PE, the faster the market believes a company will grow. This question is answered on our DividendMax website: http://www.dividendmax.co.uk/help/investor-glossary/what-is-the-pe-ratio Cheers"}
{"_id": "308296", "title": "", "text": "Right, but compared to the crimes of the monopoly (government), who threatens us with enslavement (prison) if we don't give them collectively $Trillions to waste in wars we don't want, and welfare checks to stupid people (rather than the actual circumstantial-needy, those who would get our sympathy help in the absence of govt welfare).  Any and all criticism towards business is dwarfed by the fact that we have much, much, much less control over the government than we do over a company we voluntary give our money to. Did you know that since 1955, 89% of companies that were on the Forbes 400 are no longer on that list?"}
{"_id": "308307", "title": "", "text": "Debit is them taking the money, in your case electronically.  Credit is somebody vouching for you and saying you will pay later. They are alternate ways to pay for a product.  As a merchant, if you take a credit card you are agreeing that a the issuer of the credit card is going to pay you right away.  The issuer of the credit will worry about collecting the money from me.   There are a ton of details with regards to why you would use one over another, where the costs in each method are and who pays what for each.  The main different is the source of the funds."}
{"_id": "308313", "title": "", "text": "Good point. I argued this morning with an asshole that illegally parked his truck and blocked traffic on my street for 30 minutes during rush hour; he told me if I had a problem with it I could call the cops. Automated trucks won't be able to replicate his dickhead attitude of lack of concern for anyone else on earth."}
{"_id": "308318", "title": "", "text": "Try fool.co.uk for getting more information about ISAs:  Everything You Need To Know About ISAs"}
{"_id": "308319", "title": "", "text": "It increases mobility for homeowners. I don't know what tax jurisdiction you are in but you'll tend to get a break on taxes if you are selling your primary residence.  For example, if you were to relocate to another location and it was taxed normally, then it will trigger a tax bill on a home, even though you were going to repurpose those funds for a similar home."}
{"_id": "308330", "title": "", "text": "From http://www.taxrates.cc/html/cayman-islands-tax-rates.html: There is no income tax, corporate tax, sales tax, capital gains tax,   wealth tax, inheritance tax, property tax, gift tax or any other kind   of direct taxation in Cayman Islands. Cayman Islands government receives the majority of its income from indirect taxation. There is no income tax or capital gains tax or   corporation tax in Cayman Islands imposed on Cayman individuals and   Cayman Islands companies. An import duty of 5% to 20% is levied   against goods imported into the islands. Some items are tax exempt   like baby formula, books and cameras. Tax on automobiles depends on   the class and make of the model. Tax can reach up to 40% for expensive   car models. Financial institutions that operate in the islands are   charged a flat licensing fee by the government. A 10% government tax   is placed on all tourist accommodations in addition to the small fee   each tourist pays upon getting on the Caymans. The Cayman Islands   government charges licensing fees to financial institutions that   operate in the islands as well as work permit fees for expatriate   employees ranging from around US$ 500 for a clerk to around US$ 20,000   for a CEO."}
{"_id": "308332", "title": "", "text": "I'm all-in on hard silver, a small portion is stored at my house for emergency expenditures and the vast majority is in a high-security vault in Canada. That was actually the cheapest place I could find for long-term storage and insurance, which happened to be off-shore. It could turn out to be beneficial to be off-shore though. In the 1930s gold became illegal to privately own its very possible they could do the same this time, although they didn't in 1979. Oil is too high in volume to reasonably store. Gold isn't as undervalued as silver, which I could spend a full day talking about. But to sum it up in a few points: there is less silver than there is gold, gold has a premium for jewelry which will likely go down in a crash even though you will still see gains, silver is the second most used commodity besides oil, less people are in the know about it, silver prices were actually higher than gold a few times in the past century, simply measuring the dow in silver will show it's further below the historical average compared to gold. I'll stop there, but I could go on though on silver if people want. Real-estate is still very expensive from the 2008 recession, traditionally mortgages are $1.05 per dollar you would spend on renting the same property. Currently real-estate is at like $1.25+ I believe, It peaked at about $1.95. I rent, to save money, which you can spend on other assets.  If one's willing to move to another state for lower taxes, they definitely should. Employment is going to be harder to come by, and they should get as much out of it as possible as they can. If they don't save enough, they could end up just using their entire savings during the whole thing if they can't find a job, in which case at the end you'd never know they knew it was going to happen.  Overall I don't think this crash is going to be like the great depression. I don't feel compelled to store food and buy a generator or anything. I believe the living will be *easier* than it were to live in the 90s for those who are invested in assets. Everything is going to be on sale, meanwhile their wealth will be increasing. Depending on how much they own it could be increasing faster than they need to spend it. Sounds like the life to me. But with that said those without real assets, especially the lower class, will be unemployed and living on food stamps. Perhaps even the food stamps making more people leave the dollar and the economy. This actually might not be a prediction and is what happening already. But I don't believe anybody, in america at least, will be starving. In the 30s we had not mastered industry farming yet and we had the *dustbowl* to make things worse.   Crime though, I'd own a gun. The protesters are here already, and I think we are just passing the half-way point right now, they will get angrier.  I don't know enough about taxes to know the best country or place to store to combat taxes. Maybe someone else can chime in. I'm in canada to avoid high insurance and storage fees.  And for careful selection of primary residence, In the long haul I'd rent a small apartment, as small and cheap as possible. In a safe neighborhood, but not so much secluded that a single grocery store or gas station going out of business could ruin it."}
{"_id": "308343", "title": "", "text": "If you too have been bitten by the musical bug and are looking to buy a guitar then to make the most out of this experience you need to figure out your budget, research on the different types of guitars, look for a reliable store and also buy the required accessories."}
{"_id": "308355", "title": "", "text": "You can try to hassle them via any customer service contact methods they provide (email, phone) and pressure them to give you your money back.  Good luck with that.  Or you can try reporting them to authorities and/or bringing legal action against them in the country where they are based, which is apparently Malta.  Good luck with that too. As you say in your question, some internet searches reveal that other people have had similar problems with Entropay and were unable to resolve them.  Unfortunately, there is a good chance you are screwed.  In such a case, the best thing you can do is to post your experience on scam forums and trust websites like trustpilot.com and webutation.info so that others won't face the same fate in the future."}
{"_id": "308380", "title": "", "text": "It depends how you do it.  If you roll it from your 401k directly to a Roth then you will have to pay the taxes.  The contributions to the 401k are tax deferred.  Meaning you do not owe taxes on the money until you collect it.  Roth contributions are post tax but the gains are not taxed so long as they are disbursed under acceptable conditions according to the regulations. If you roll it directly from the 401k to a regular tax deferred IRA you should be able to do that with out penalties or taxes.  You will still have to pay the taxes at disbursement. If you have the money disbursed to you directly then you will have to pay the penalties, fees, and taxes.  Your contributions to an IRA will then be subject to limitations based on the IRA.  It will literally be exactly like you are taking money from your pocket to invest in the IRA.   Your company should give you the option of a rollover check.  This check will be made out to you but it will not be able to be deposited in a regular account or cashed.  It will only be redeemable for deposit into a retirement account that meets the regulatory requirements of the 401k rollover criteria.  I believe the check I received a few years ago was only good for 60 days.  I recall that after 60 days that check was void and I would receive a standard disbursement and would be subject to fees and penalties.  I am not sure if that was the policy of T.Rowe Price or if that is part of the regulation."}
{"_id": "308383", "title": "", "text": "My experience is in the United States only. In the past, American Express marketed its products as more exclusive and prestigious than other cards.  There was an attempt to give the impression that cardholders were more qualified financially.  In return, fees were higher both to merchants and to cardholders.  At the time (early 1990's), it was not common to use credit cards for small purchases, such as groceries or fast food.  Credit cards were used for larger purchases such as jewelry or electronics or dinner in a nicer restaurant. Once it became popular to use credit cards for everyday purchases, the demand for customers using credit cards changed to the highest number of people instead of people of higher status.  At that point, Visa (and to a lesser extent Mastercard) transaction volume increased dramatically.  Merchants needed the largest number of customers with cards, not the most financially stable.  As Visa volume grew, and people started using Visa for small purchases, the use of American Express decreased as their habits changed (once someone got used to pulling out Visa, they did it in every situation).  Merchants are less willing to go through the extra hassle of accepting cards that are used by fewer people.  Over time, I suspect this process led to the gap between Visa and American Express. As a merchant, in order to accept credit cards, you have to set up a bank account and maintain a merchant account.  Accepting Visa, MC and Discover can all be done through one account, but American Express has traditionally required a separate relationship, as well as its own set of rules and fees that were generally higher.  Since there are relatively few American Express cardholders compared to Visa, there is doubt about whether it is worth it accept the card.  It depends upon the customer base.  Fine restaurants still generally accept American Express."}
{"_id": "308392", "title": "", "text": "&gt; with an unbroken job creator record despite   That's hilarious.  You've drunk the Kool Aid and smoked the Obama crack, because it just isn't so.  You are truly among the lunatic left.  You're wrong but always entertaining."}
{"_id": "308402", "title": "", "text": "Now, technically she is supposed to pay rent, but legally I am not sure. Her name is not there in the rental agreement so she is not eligible to pay the rent. Since, she is already living in the same house, there is some basic courtesy to pay the $200. Now thing here is how are we going to divide it? If she is paying $200, will that be deducted out of your room mate's or yours. Fact of the matter is, who is taking more space and who is paying for it, since there is no change to your space, you should continue paying the same amount, because there is no change in your space as you mentioned before. Moreover the fact that she is paying the utilities is good enough because that is shared by all 3. So keep the arrangement like somewhat like this, you pay half the rent + utilities, and your friend and his girlfriend will pay their share of the rent which is equal to yours, and they will share the utilities too. Hope this makes sense.   Thanks, Thenicejerk"}
{"_id": "308424", "title": "", "text": "Not a big Hobbes fan, I see. I've been thinking about Medieval Icelandic society, and it dawned on me that they kept everyone essentially equal money-wise by slaughtering anyone that got to big for their boots.  So, what is a voluntary society?"}
{"_id": "308449", "title": "", "text": "I have better things to do with my life than spend awhile looking up class offerings, times, and schedules at UIC to prove you wrong. What I do have time for, however, is supply advice to this person who asked a question. My advice to him, as someone who has gone through a CS program, is to get started early. Classes bump into each other later. I can tell you in mine, Programming 1 -&gt; 2 -&gt; 3 -&gt; data structures -&gt; Languages -&gt; algorithims  was a chain that you could not break. two of those classes were only offered at certain times. It looks like pretty much all of those classes are offered at UIC and I would expect it to be pretty much the same. Once again please stop assuming that the degree is like finance and it's spread out and wide. CS is an ENTIRELY different beast as it goes much deeper into building on its foundations."}
{"_id": "308462", "title": "", "text": "Alternative solution with possibly better results: Use a 3rd party to transfer money between both of you. 2 Services you may want to look at: Rent share might be the best option. We are using it to split payment between 3 people in our unit. The owner is getting a single check that appears to be coming from all of us. The payment is automatic and goes through every month. I'm not sure if you as the owner could collect money electronically as opposed to receiving a check. It sounded like you didn't necessarily care about that though."}
{"_id": "308472", "title": "", "text": "While you are searching for the business brokers who can assist you in sell a business in MN area, Click to read complete process. It is important to understand the term business brokers and what they actually do? This is a simple mechanism that is considered as a perfect career option."}
{"_id": "308505", "title": "", "text": "&gt;For each challenge, you'll earn up to $2, for a total maximum earning of $20.00.  Why? That amount is so absurdly tiny that anybody who can competently participate will be more dissuaded by the offer than if you hadn't offered any incentive, which you *should* have done."}
{"_id": "308528", "title": "", "text": "\"OP is being a bit of a hipster there.  There's still *plenty* of regular people that don't have DVR's, and don't time shift or skip commercials.  I have no doubt the \"\"traditional\"\" TV and Radio industry will eventually collapse much like newspapers and magazines, but I think it's a bit early to predict imminent doom just yet.\""}
{"_id": "308549", "title": "", "text": "Some of the other answers mention this, but I want to highlight it with a personal anecdote. I have a property in a mid-sized college town in the US. Its current worth about what we paid for it 9 years ago. But I don't care at all because I will likely never sell it. That house is worth about $110,000 but rents for $1500 per month. It is a good investment. If you take rental income and the increase in equity from paying down the mortgage (subtracting maintenance) the return on the down payment is very good. I haven't mentioned the paper losses involved in depreciation as that's fairly US specific: the laws are different in other jurisdictions but for at least the first two years we showed losses while making money. So there are tax advantages as well (at least currently, those laws also change over time). There is a large difference between investing in a property for appreciation and investing for income. Even in those categories there are niches that can vary widely: commercial vs residential, trendy, vacation/tourist areas, etc. Each has their place, but ensure that you don't confuse a truism meant for one type of real estate investing as being applicable to real estate investing in general."}
{"_id": "308552", "title": "", "text": "The key to a successful cold call is to figure out the one thing that keeps them worried at work.  Once you identify that, create a 15 second pitch and lead with that.  Also, make sure you do your research on the the company/person before the call and try to figure out how to quickly create rapport with them. I use social media to do find out as much as I can."}
{"_id": "308555", "title": "", "text": "&gt;I literally just told you retard.  And they're part of a global investment bank. Jeez, it's almost like the lines are a bit blurred, isn't it. It's almost like your original point doesn't make any fucking sense. Now fuck off."}
{"_id": "308604", "title": "", "text": "The D\u2019Atlantis Aqua Park is Best Resorts For Picnic Near by Mumbai City. Most of peoples who visited our resort are from Mumbai or near by Mumbai. The D\u2019Atlantis Aqua Park is located in serene locality of Navapur in Virar West, only 5 minutes from the beach. Nestled on the Western tip of Navapur village in Virar, D\u2019Atlantis Aqua Park is grate for a beach side holiday. The popular area was once a small farming village and now visitors flock here for weekend getaways.The resort is near by Mumbai i.e Virar, you can also consider the resort is in Mumbai. The D\u2019Atlantis Aqua Park is Best Resorts for picnic spot because we provides good quality of service and accommodation to guests. Guests enjoy the various thrilling slides at the D\u2019Atlantis Aqua Park and its proximity to the beach side. D\u2019Atlantis Aqua Park is easy accessible from virar railway stations. Transport charges are nominal. We provides best quality of services to our customers."}
{"_id": "308613", "title": "", "text": "\"I agree with Hurler_Jones. No banker is a good banker, especially these people. You want me to feel bad for a \"\"big\"\" bank employee, the same people who have shit on the middle class and poor people for the last 30 years and singlehandedly destroyed the American economy. Anybody who works at a big bank should be ashamed of themselves and deserves at the very least to get fired.\""}
{"_id": "308628", "title": "", "text": "[Here's a website](http://economyinperspective.com/jobs) that gives you a breakdown of how many jobs were created under each Presidential administration since WWII. 70% more jobs and more than twice as many private sector jobs were created during the eight terms a Democrat was President as during the *nine* terms a Republican was President."}
{"_id": "308633", "title": "", "text": "You can look at it from a fundamental perspective to see who benefits from rising oil prices. That's a high level analysis and the devil is in the details - higher oil prices may favour electric car producers for example or discount clothes retailers vs. branded clothes manufacturers. Another approach it to use a statistical analysis. I have run a quick and dirty correlation of the various S&P sector indices against the oil prices (Crude). Based on the the results below, you would conclude that materials and energy stocks should perform well with rising oil prices. There again, it is a behaviour you would expect at the group level but it may not translate to each individual company within those groups (in particular in the materials sector where some would benefit and some would be detrimentally affected). You could get exposure to those sectors using ETFs, such as XLB and XLE in the US. Or you could run the same analysis for each stock within the S&P 500 (or whatever index you are looking at) and create a portfolio with the stocks that are the most correlated with oil prices. This is calculated over 10 years of monthly returns after removing the market component from the individual sectors. The two important columns are:"}
{"_id": "308652", "title": "", "text": "They take a stream of events in the form of input (stocking shelves, unloading trucks) and output (sales, theft, waste). A lot of places set this up using a database design technique called Event Sourcing, but oftentimes you'll get something terrible like a giant state-based system that are a massive pain to debug and refactor.  My money is on the second one for most large grocers that have computer systems. They were probably written in the 80's, and are glued and rubber banded together as well.  They also, somehow, require some totally unrelated, sensitive information to function because of a hair brained feature request from a decade ago that wasn't questioned and built hastily. And that's why we need all employees ID'd by SSN, and you need that SSN ID to add new inventory to your shelves because it had to be packed by *somebody*. Now you can't look at what's in stock without running a 45 second report (which is just a pdf of a really big view that someone set up 5 years ago and nobody wants to touch) that can kill the production database if you run it during the daytime hours, so you'll need to email a sysadmin to do that for you.  What I meant by all this is that anything simple will be made disgusting and maddening the moment it enters the real world, including inventory management systems."}
{"_id": "308665", "title": "", "text": "\"You can wire the money to the university. If your friend is a registered student, then they will have an account at the school. Contact the school directly and ask for the \"\"bursar's office\"\" (assuming it is an English speaking school). The bursar will tell you how to wire the money so that it reaches the proper account. Normally, you will wire to a general university account at a bank and the memo on the wire will include the student's account number. Your friend can wire money to your account at your bank. Go to your bank and ask them for the procedure. By the way, there is a 90% chance your \"\"friend\"\" will not pay you back.\""}
{"_id": "308684", "title": "", "text": "I came across this \u20ac1000 coin, which can actually be bought for \u20ac1000. It contains 17 grams of gold, worth about \u20ac600 today. Is there any downside to this over keeping \u20ac1000 in regular banknotes? These are bullions / medallions / collectibles / Non Circulating Tenders or whatever name one wants to call it. A coin has a value because the Central Banks says so that enforces everyone accept it at that. This as such is not a coin. Banks or anyone else will not accept this for face value.  These are of numismatic interest and certain people do collect such items. They are collectibles to the extent the price is dependent on general interest in future on such items and quantity available. So if future the price may go up much higher than the gold price or may retain its gold price. Mints make these with intricate design, best finish, limited quantity to charge the additional premium. If you are not into numismatics, stay away, a better options is buy simple gold bullion of similar weight for actual gold price."}
{"_id": "308687", "title": "", "text": "Honestly, the single best steak I've had has been at Applebee's.  I order medium rare home style sirloin three times now, at 3 different establishments. Every damn time it is a melts in your mouth steak, a simple but damn effective flavoring, cheap as all hell. I can just shovel down Applebee's steak. Tldr: Applebee's has no reason to have decent steak, but they're consistently f***ing great"}
{"_id": "308692", "title": "", "text": "It's only briefly mentioned that he donates to causes dedicated to autism; unmentioned is that his daughter is autistic and he's a *major* donor to the cause.  Sadly, his current co-CEO is a fascist white nationalist in regular businessman disguise Robert Mercer."}
{"_id": "308693", "title": "", "text": "1) What's the point of paying a dividend if the stock price   automatically decreases? Don't the shareholders just break even? When the company earns cash beyond what is needed for expenses, the value of the firm increases. As a shareholder, you own a piece of that increased value as soon as the company earns it. When the dividend is paid, the value of the firm decreases, but you break even on the dividend transaction. The benefit to you in holding the company's shares is the continually increasing value, whether paid out to you, or retained. Be careful not to confuse the value of the firm with the stock price. The stock price is ever-changing, in the short-term driven mostly by investor emotion. Over the long term, by far the largest effect on stock price is earnings. Take an extreme, and simplistic example. The company never grows or shrinks, earnings are always the same, there is no inflation :) , and they pay everything out in dividends. By the reasoning above, the firm value never changes, so over the long-term the stock price will never change, but you still get your quarterly dividends."}
{"_id": "308741", "title": "", "text": "See, the tricky thing about a question like this is that nobody in r/economy is actually an economist.  They read the latest shit on zerohedge or ron paul's weekly newsletter and think that means they have an informed opinion.  When in actuality their opinions are worth exactly as much as the part-time McDonald's paycheck their scribbled on the back of (nothing)"}
{"_id": "308752", "title": "", "text": "IKEA put lots of money and effort into their stores and the layout, making you walk a certain way and to buy as much as possible. Their stores are highly successful and if the website experience was easy, then users wouldn't go into the store.   They actively make it harder to make web purchases than most other places. They charge a shitload for shipping, dont have all the availabilities and really make it a pain in the ass to order online."}
{"_id": "308760", "title": "", "text": "&gt; Also, we're not talking about a car, albeit uber expensive, like Rolls Royce, we're talking about an airplane that costs hundreds of millions of dollars that needs to work within very small tolerances over thousands upon thousands of operating hours. Any school child can see the dangers in outsourcing too much of that.  But Rolls Royce have the experience to build in those tolerances with their years of experience in building jet engines. This is the design experience that Boeing does not have in it's in-house capabilities.  Because of the tolerances and knowledge these components need it is very hard for one company to have all the knowledge, resources, manufacturing ability and skill to produce all the parts.  Even engineers as great as NASA delegate the design and build of components to other companies. For example, if they can outsource a lot of the spacecraft interior to other companies they can focus on what is important - getting that big and heavy tube of metal into space."}
{"_id": "308764", "title": "", "text": "Good question. There are plenty of investors who think they can simply rely on intuition, and although luck is always present it is not enough to construct a proper portfolio. First of all there are two basic types of portfolio management: Passive and Active. The majority of abnormal gains are made with active portfolio management although passive managers are less likely to suffer loses.  Both types must be created with some kind of qualitative and quantitative research, but an active portfolio requires constant adjustments (Market Timing) to preserve the desired levels of risk and return.  The topic is extremely broad and every manager has his own preferred methods of quantitative analysis. I will try to list here some most common, in my opinion, ways of stock-picking and portfolio management. Roy's Criterion: The best portfolio is that with the lowest probability that the return will be below a specified level.  This is achieved by maximising the number of standard deviations between the return on the portfolio and minimum specified level: Max k = (Rp-Rl)/Sp Where (Rp) - return on portfolio, (Rl) - specified minimum return, (Sp) - standard deviation of portfolio return. Kataoka's Criterion: Maximise the minimum return (Rl) subject to constraint that the chance of a return below (Rl) is less than or equal to a specified value (a). Maximise (Rl) Subject to Prob (Rp < Rl) =< a For example, assume that the specified value is 20% - this will be met provided (Rl) is at least 0.84 standard deviations below (Rp). Therefore the best portfolio is the one that maximises (Rl) where: Rl = Rp-0.84*Sp Telser's Criterion: Maximise expected return subject to the constraint that the chance of a return below the specified minimum is less than or equal to some specified minimum (a) Maximise (Rp) subject to Prob (Rp < Rl) =< a Assuming same data as previously:  Rl =< Rp-0.84*Sp and select the portfolio with highest expected return. Security Selection Now let's look at some methods of security selection. This is important when a manager believes some shares are mispriced. The required return on security 'i' is given by: Ri = Rf+(Rm-Rf)Bi Where (Rf) - is a risk-free rate, (Rm) - return on the market, (Bi) - security's beta. The difference between the required return and the actual return expected is known as the security's alpha (Ai). Ai = Rai - Ri, where (Rai) is actual return on security 'i'. Stock Picking One way of stock-picking is to select portfolios of securities with positive alphas. Alpha of a portfolio is simply the weighted average of the alphas of the securities in the portfolio. Ap = {(n*Ai) Where ({) is sigma (sorry for such weird typing, haven't figured out yet how to type proper-looking formulas), (n) - share of 'i'th security in portfolio. So another way of stock-picking is ranking securities by their excess return to beta (ERB): ERB = (Ri - Rf)/Bi The greater the ERB the more desirable the security and the greater the proportion it will make up of the portfolio. Thus portfolios produced by this technique will have greater proportion of some securities than the market portfolio and lower proportions of other securities.  The number of securities depends on a cut-off rate (C*) for the ERB, defined so that all securities with ERB>C* are included in portfolio while if ERB  The cut-off rate for a portfolio containing the first 'j' securities is given by (i'm inserting an image cut from Word below):  Here comes the tricky part: Basically what you do is first calculate ERB for each security, then calculate Cj for each security mix (gradually adding new securities one by one and recalculating Cj each time). Then you select an optimum portfolio by comparing Cj of each mix to ERB's of it's securities. Let me show you a simple example: Say you have securities A,B,C and D you calculated ERB's: ERB(a)=6, ERB(b)=6.5, ERB(c)=5, ERB(d)=4 also you calculated: C(a)=4.1, C(ab)=4.8, C(abc)=4.9, C(abcd)=4.5. Then you check: ERB(a),ERB(b),ERB(c) are greater than C(a), but C(a) only contains security A so C(a) is not an optimum mix. ERB(a),ERB(b),ERB(c) are greater than C(ab), but C(ab) only contains securities A and B ERB(a),ERB(b),ERB(c) are greater than C(abc), and C(abc) contains A B and C so it is an optimum. ERB(d) is lower than C(abcd) so C(abcd) is not an optimum portfolio. Finally the most important part: Below is a formula to find the share of each security in the portfolio:  Here you simply plug in already obtained values for each security to find it's proportion in your portfolio. I hope this somehow answers your question, however there is a lot more than this to consider if you decide to manage your portfolio yourself. Some of the most important areas are:  Market Timing Hedging Stocks vs Bonds  Good luck with your investments! And remember, the safest portfolio is the one that replicates the Global Market.  The cut-off rate for a portfolio containing the first 'j' securities is given by (i'm inserting an image cut from Word below):  Here comes the tricky part: Basically what you do is first calculate ERB for each security, then calculate Cj for each security mix (gradually adding new securities one by one and recalculating Cj each time). Then you select an optimum portfolio by comparing Cj of each mix to ERB's of it's securities. Let me show you a simple example: Say you have securities A,B,C and D you calculated ERB's: ERB(a)=6, ERB(b)=6.5, ERB(c)=5, ERB(d)=4 also you calculated: C(a)=4.1, C(ab)=4.8, C(abc)=4.9, C(abcd)=4.5. Then you check: ERB(a),ERB(b),ERB(c) are greater than C(a), but C(a) only contains security A so C(a) is not an optimum mix. ERB(a),ERB(b),ERB(c) are greater than C(ab), but C(ab) only contains securities A and B ERB(a),ERB(b),ERB(c) are greater than C(abc), and C(abc) contains A B and C so it is an optimum. ERB(d) is lower than C(abcd) so C(abcd) is not an optimum portfolio. Finally the most important part: Below is a formula to find the share of each security in the portfolio:  Here you simply plug in already obtained values for each security to find it's proportion in your portfolio. I hope this somehow answers your question, however there is a lot more than this to consider if you decide to manage your portfolio yourself. Some of the most important areas are: Good luck with your investments! And remember, the safest portfolio is the one that replicates the Global Market."}
{"_id": "308768", "title": "", "text": "If you were a business, all your assets would have a dollar value, so when you sold them you'd decrease the amount of assets by that amount and increase in cash, and if there was a profit on the sale it would go in as income, if there was loss it would count as a cost (or a loss)... so if there was a profit it would increase Equity, a loss then it would decrease Equity.  Since it's not really worthwhile doing a estimated cost for everything that you have, I'd just report it as income like you are doing and let the amount of equity increase proportionately. So, implicitly you always had roughly that amount of equity, but some of it was in the form of assets, and now you're liquidating those assets so the amount shows up in GnuCash. When you buy new things you might sell later, you could consider adding them as assets to keep track of this explicitly (but even then you have problems-- the price of things changes with time and you might not want to keep up with those price changes, it's a lot of extra work for a family budget) -- for stuff you already have it's better to treat things as you are doing and just treat the money as income-- it's easier and doesn't really change anything-- you always had that in equity, some of it was just off the books and now you are bringing it into the books."}
{"_id": "308794", "title": "", "text": "a) Talk to the financial aid counselors at your school. There's a very good chance they have at least a partial solution for you. Let them know your dependency status has changed (if it has). I declared myself to be financially independent from my parents (I really was) and qualified for more aide. b) How much austerity are you willing to endure? I once spent two years eating beans & rice twice a day (lots of protein and other nutrients) while I worked full-time and went back to school to pursue a second degree part-time. I also shunned all forms of recreation (not even a movie) to save money (and so I could focus on staying current with assignments). During another period in my life, I gave up cable, cell-phone, land-line (and used Skype only), and avoided unnecessary use of my car, so I could clear a debt. You'd be amazed at how much you can squeeze from a budget if you're willing to endure austerity temporarily. c) Consider going to school part-time, taking as few as one course at a time if allowed. It's a lot easier to pay for one or two courses than to pay for 4 or 5. It may take longer, but at least you won't lose your credits and it won't take forever."}
{"_id": "308799", "title": "", "text": "&gt; You make it sound like consumers literally have no choice in the matter. That's absurd.  In a way, people don't.  Have you ever wondered why M&amp;Ms are so brightly colored.  The reason is simple: to get you to eat more.  [Studies have shown that mixing colors together gets us to eat 23% more](https://faculty.wharton.upenn.edu/wp-content/uploads/2012/04/Influence_of_Assortment_Structure.pdf).  I don't think you would suggest that the average person would choose to eat 23% more sugar just because it was presented well.  There is no rational reason for this result so it can't be a matter of conscious choice.  Hell, even [our sitting president is a testament to the fact that facts don't matter, emotion sells](http://www.salon.com/2016/11/20/trump-supporters-became-the-media-by-privileging-emotions-over-facts_partner/).  &gt; The fact that many people don't make an effort to be responsible consumers is no one else's fault.  But it is.  Let's go back to Amazon.  How many of those product reviews are written by corporate shills?  How many descriptions and pictures deliberately mislead the consumer?  How many products and apps submit you to Amazon if you're going to give a 4 or 5 start rating?  &gt; It's really not hard to control the impulse to buy a tabloid or a snickers bar.  If that were true, then those impulse buy racks would not exist."}
{"_id": "308802", "title": "", "text": "Is this just appealing to potential sellers' need for instant gratification, or am I missing something here? Timing matters for some people. If you are moving cross country, it's important to be able to sell your house quickly if you want to sell. This can also matter if the seller is interested in buying another home. If their existing home takes three months to sell and they have already picked a home they want, it can make the timing of funds transfers quite inconvenient - often people need to sell their existing home in order to make a down payment on a future home."}
{"_id": "308809", "title": "", "text": "Problems with shorting  1. The price could become even more insanely high.   2. The stock you borrowed could be recalled leaving you sitting on a loss.  3. High borrowing costs.  4. Potentially limited loss potential e.g. when a takeover is announced, or when the company has a windfall, or fraudulently announces phony good news.  Shorting could still be useful as a niche 10% of your portfolio; the risk is limited that way. Also high short interest tend to make me look a bit harder before buying."}
{"_id": "308814", "title": "", "text": "Great for Facebook but why does a company like Sun Microsystems or FedEx sell stock?  In order to reach quarterly goals a publicly traded company has to make sure they stay in the black every quarter by cutting cutting cutting cost which may not be good for a long term goal of investing in new ideas or processes."}
{"_id": "308837", "title": "", "text": "You would probably be better off wiring the money from your US account to your French account. That IMHO is the cheapest and safest way. It doesn't matter much which bank to use, as it will go through the same route of SWIFT transfer, just choose the banks with the lowest fees on both sides, shop around a little."}
{"_id": "308859", "title": "", "text": "\"Could have done a [put option](http://en.wikipedia.org/wiki/Put_option) if you wanted to bet against it in another way. It's not technically \"\"shorting\"\", but in a layman-shorthand it's the same thing - making money gambling on the \"\"pessimistic side\"\" of possibility. You don't actually need to borrow any shares to do that, just find someone who thinks the price at some later date will be higher than you think it will be.\""}
{"_id": "308889", "title": "", "text": "\"Square charges a 2.75% fee (which the merchant pays), so you would be losing money if you only got a 1.5% cashback bonus. I would guess that the real reason Square prohibits you from getting cash is because of Visa/MC, state and federal regulations.  Visa/MC probably prohibit it for regular merchants due primarily to laws that are designed to prevent money-laundering. Certain merchants (like casinos) are allowed to give you cash advances against a credit card, but regular merchants are not allowed to do this. It is much more difficult to get Visa/MC to approve merchants to handle cash advances and they are subject to many additional regulations.  Services like Western Union will let you send cash with a regular credit card, but they are classified as \"\"money transmitters\"\" and must comply with additional state and federal regulations. If Square were to allow cash advances, this would likely subject them to a bunch of additional regulations.  It would cost them more to comply with these regulations and is outside their business model, so they simply prohibit it.\""}
{"_id": "308916", "title": "", "text": "It keeps it at a level playing field. By your logic, Netflix should start laying down infrastructure for their own internet. I am paying for that content. I'm also paying for the road.   My point it's not an even playing field. If Comcast wants my steaming business offer a better service than Netflix. Making Netflix unusable because I'm forced to use Comcast in a place with no other ISPs doesn't seem like the kind of competition that fosters growth and innovation but rather stifles it, which is something stated explicitly in the FCCs mission and strategy.  You're right it is all business. Which is why we have a government and government regulations and don't live in some laissez faire economy.   The FCC is the government and should be protecting the citizens not the corporations.  Edit: Lastly, sure it starts about being just business. What's to stop Fox news from paying Comcast to throttle CNNs website to unusable levels? It sets a terrible precedent and could eventually impede the freedom of speech. That's another conversation!"}
{"_id": "308917", "title": "", "text": "Take this from someone who didn't study maths after A-levels (got B - not genius level either) and sat CFA level 1 yesterday... If you don't pick maths or minor in maths after Sixth-form/High-school, you will regret down the line. It really is a massive differentiator in any finance field you decide to progress onto later in life.  If I could go back, I would put my name down for Stat, further maths and anything math-related I could learn even though I might not be able to secure gold-plated grades. The fundamentals of it are far more important than anything you learn in class (if you want to excel in finance, analytics, and even startups), and with strong social skills, you will be a rockstar."}
{"_id": "308934", "title": "", "text": "Honestly, I think what matters a lot more to investors is that there isn't a bifurcated congress &amp; white house. They care a lot more about being able to actually get behind one plan (i.e. not going off the fiscal cliff) than who actually wins.  The president has surprisingly less power than people think when it comes to managing the economy.   Think about this in today's environment, who has more control over the stock market: Obama or Bernanke? That should be nothing short of a toss-up."}
{"_id": "308938", "title": "", "text": "\"You should have separate files for each of the two businesses.  The business that transfers money out should \"\"write check\"\" in its QB file.  The business that receives money should \"\"make deposit\"\" in its QB file. (In QB you \"\"write check\"\" even when you make the payment by some other means like ACH.)  Neither business should have the bank accounts of the other explicitly represented.   On each side, you will also need to classify the payment as having originated from / gone to some other account - To know what's correct there, we'd need to know why your transferring the money in the first place and how you otherwise have your books established.  I think that's probably beyond the scope of what's on-topic / feasible here. Money into your business from your personal account is probably owner's equity, unless you have something else going on.  For example, on the S Corp you should be paying yourself a salary.  If you overpay by accident, then you might write a check back to the company from your personal account to correct the mistake.  That's not equity - It's probably a \"\"negative expense\"\" in some other account that tracks the salary payments.\""}
{"_id": "308947", "title": "", "text": "You're right, things can get a little out of hand on Reddit. The prior post is gone now so I can't really remember, but the gist of what I meant earlier was that your logic didn't line up in that the price of a stock is indicative of it's value, but doesn't equate to it's value. The price is a combination of the perceived intrinsic valuation of the company as well as sentiment. The price can go up if people are buying but it doesn't necessarily mean the company's value or financial conditions are improving (though it can). It's a common trap to fall into, and can lead one to ignore for example revenues falling or other metrics deteriorating merely because the stock price continues up so it must be getting better and better.  Sorry, not a very coherent response, if you're unsure feel free to pm me"}
{"_id": "308952", "title": "", "text": "Groundwater contamination is far more an issue than just the water used during fracking. By it's very nature fracking cannot ever be done in a way that doesn't harm groundwater supplies. Breaking rock to release gas also breaks the rock that contains groundwater. Fracking will be banned, it's just a matter of when."}
{"_id": "308962", "title": "", "text": "\"I found this great resource at MarketWatch.com - a listing on online games that help parents teach kids about saving and finance, set up by age group. Here's an example of some of the content: For children six to nine: www.fleetkids.com, sponsored by the Fleet Bank, has great games -- like \"\"Buy lo, Sell hi\"\" and \"\"Chunka Change\"\" -- that teach kids about spending and saving. Kids can compete for prizes such as computers and backpacks for their schools.\""}
{"_id": "308964", "title": "", "text": "\"I think you're right that these sites look so unprofessional that they aren't likely to be legitimate. However, even a very legitimate-looking site might be a fake designed to separate you from your money.  There is an entire underground industry devoted to this kind of fakery and some of them are adept at what they do.  So how can you tell? One place that you can consult is FINRA's BrokerCheck online service.  This might be the first of many checks you should undertake. Who is FINRA, you might ask?  \"\"The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States.\"\" See here. My unprofessional guess is, even if a firm's line of business is to broker deals in private company shares, that if they're located in the U.S. or else dealing in U.S. securities then they'd still need to be registered with FINRA \u2013 note the \"\"all securities firms\"\" above. I was able to search BrokerCheck and find SecondMarket (the firm @duffbeer703 mentioned) listed as \"\"Active\"\" in the FINRA database. The entry also provides some information about the firm.  For instance, SecondMarket appears to also be registered with the S.E.C.. You should also note that SecondMarket links back to these authorities (refer to the footer of their site): \"\"Member FINRA | MSRB | SIPC.  Registered with the SEC as an alternative trading system for trading in private company shares.  SEC 606 Info [...]\"\" Any legitimate broker would want you to look them up with the authorities if you're unsure about their legitimacy. However, to undertake any such kind of deal, I'd still suggest more due diligence.  An accredited investor with serious money to invest ought to, if they are not already experts themselves on these things, hire a professional who is expert to provide counsel, help navigate the system, and avoid the frauds.\""}
{"_id": "308967", "title": "", "text": "\"In June 2016 the American Institute of CPAs sent a letter to the IRS requesting guidance on this question.   Quoting from section 4 of this letter, which is available at https://www.aicpa.org/advocacy/tax/downloadabledocuments/aicpa-comment-letter-on-notice-2014-21-virtual-currency-6-10-16.pdf If the IRS believes any property transaction rules should apply differently to virtual currency than to other types of property, taxpayers will need additional guidance in order to properly distinguish the rules and regulations. Section 4, Q&A-1 of Notice 2014-21 states that \u201cgeneral tax principles applicable to property transactions apply to transactions using virtual currency,\u201d which is guidance that is generally helpful in determining the tax consequences of most virtual currency transactions. However, if there are particular factors that distinguish one virtual currency as like-kind to another virtual currency for section 1031 purposes, the IRS should clarify these details (e.g., allowing the treatment of virtual currency held for investment or business as like-kind to another virtual currency) in the form of published guidance. Similarly, taxpayers need specific guidance of special rules or statutory interpretations if the IRS determines that the installment method of section 453 is applied differently for virtual currency than for other types of property. So, at the very least, a peer-reviewed committee of CPAs finds like-kind treatment to have possible grounds for allowance.   I would disagree with calling this a \"\"loophole,\"\" however (edit: at least from the viewpoint of the taxpayer.)  At a base technological level, a virtual currency-to-virtual currency exchange consists of exchanging knowledge of one sequence of binary digits (private key) for another.  What could be more \"\"like-kind\"\" than this?\""}
{"_id": "308969", "title": "", "text": "http://www.irs.gov/pub/irs-pdf/f5498.pdf see the instructions for box 2, it's used to report incoming rollover/transfers. The receiving broker should be acknowledging the transfer with the 5498.  If you read the PDF carefully, any incoming money is reported this way."}
{"_id": "308970", "title": "", "text": "\"Using cash instead of a debit card lets you see in real time how much cash you have left and where it's going.  It's a lot \"\"harder\"\" to see the cash disappear from your wallet than it is to swipe the plastic (whether it's a debit or credit card).  Using cash is a way to keep the funds in check and to keep spending within a budget (i.e. you can't spend it if you don't physically have the cash anymore).\""}
{"_id": "308991", "title": "", "text": "\"Quicken. I am in the same situation. I've tried mint.com and switched back to Quicken because i want to know how much money i'll have in my accounts in 2 weeks, 4 weeks, etc.  I have to admit though, quicken is getting worse and worse every year. Can't really say i \"\"recommend\"\" it.\""}
{"_id": "309011", "title": "", "text": "Been to both. No way will Vegas ever become like Amsterdam.  You have to fix the American culture first if you want to even get close.   Is Vegas at all like Paris or Copenhagen? Nope. Those places are more like Amsterdam and don't have pot shops.     It's not the weed, it's the culture."}
{"_id": "309019", "title": "", "text": "The initial price tag might be more expensive, but if those wages are more likely to stay in the economy, then I wonder how much that value offsets the cost?  Illegals tend to keep what they need and send the rest to their families in another country."}
{"_id": "309023", "title": "", "text": "\"Depending on how the check was made out, you may be able to file a DBA (\"\"doing business as\"\"), which would give you the business name locally.  Then open an account under that name and deposit the check. Or simply go back to the customer and say \"\"hey, I don't have yhe company bak account open yet; could I exchange this check for one made out to me personally?\"\" That's how I've been handling hobby income under a company name. (I really do ned to file that DBA!)\""}
{"_id": "309037", "title": "", "text": "You are comparing a risk-free cost with a risky return. If you can tolerate that level of risk (the ups and downs of the investment) for the chance that you'll come out ahead in the long-run, then sure, you could do that.   So the parameters to your equation would be: If you assume that the risky returns are normally distributed, then you can use normal probability tables to determine what risk level you can tolerate. To put some real numbers to it, take the average S&P 500 return of 10% and standard deviation of 18%.  Using standard normal functions, we can calculate the probability that you earn more than various interest rates: so even with a low 3% interest rate, there's roughly a 1 in 3 chance that you'll actually be worse off (the gains on your investments will be less than the interest you pay).  In any case there's a 3 in 10 chance that your investments will lose money."}
{"_id": "309038", "title": "", "text": "&gt; How long do you think Amazon can sustain these prices?  Long enough to take a chunk out of Walmart and force them into a different business stratagem I hope. We lucked out with Amazon because it was looking for a while there like no one would come along to challenge Walmart."}
{"_id": "309045", "title": "", "text": "This was not the point of confusion. I said that the dy increased and that this means the investment is performing fairly well being that we don't know the stage the company is in or anything about the health of the economy. He said with the given information the investment is performing poorly. This is where we disagreed."}
{"_id": "309047", "title": "", "text": "I've had good experiences with a regional bank. All the perks of Wells but without the bullshit fees (except ATMs unfortunately but I just get cash back in the rare instance that a card / my phone won't cut it)."}
{"_id": "309065", "title": "", "text": "\"This will do nothing to prevent the market being a casino as there are plenty of players in the market capable of out witting you at lower frequencies that HFT. In fact most of the money small investors \"\"lose\"\" do not go to HFT strategies, but to lower intra-day and multi-day strategies that are just smarter than you are. I really am confused at this anger at HFT. It is very poorly informed. The people stealing your money are lower frequency hedge funds. HFT steals money from THEM.  In any case, the market was *designed* to be a casino because without speculators liquidity really *does* dry up and people lose faith in the market.\""}
{"_id": "309068", "title": "", "text": "We offer extensive reviews about the live games available at an GD2 ONE online casino, the promotions and bonuses it offers and a detailed explanation of all live dealer software providers in the malaysia live betting online gambling industry. Our goal is to help the player to take the best option when looking for a live casino with dealer to play, and avoid possible obstacles to an uninterrupted game."}
{"_id": "309074", "title": "", "text": "Having been recently evicted she is unlikely to find any one willing to rent to her at anything close to reasonable terms.  Any landlord that would consider it is likely to require a huge deposit. Her best solution may be a hotel/motel with weekly/monthly rates.  It is generally much easier to get someone out of a hotel/motel for non payment than it is an actual apartment with a lease and landlord-tenant laws.  But when you pay they take care of all utilities, and you can receive mail and register them as your permanent address for finding employment. Any other place that is willing to take someone who they know is a high risk for nonpayment/eviction is probably not going to be the type of place you want your children."}
{"_id": "309077", "title": "", "text": "Yes, banks still offer combo loans, but it is going to depend on the appraised value of your home. Typically lenders will allow you to finance up to 80% loan to value on the first mortgage (conforming loan amount) and 95% combined loan to value on a HELOC.   I would start by checking with your local credit union or bank branch. They have more competitive rates and can be more flexible with loan amount and appraised value guidelines."}
{"_id": "309099", "title": "", "text": "\"&gt; even 400 km could not be realized with a fully charged battery, the aide said. That meant in practice the environment minister could travel only as far as 150 km before being forced to turn back   Give me a break! At least 95% of travel with cars is done for much much shorter round trips (going to work, shop or visit grandma).  If you want to travel 1000 miles one way, rent a \"\"conventional\"\" car.\""}
{"_id": "309134", "title": "", "text": "&gt;Entire families living in a 2 bedroom apartment, for example.  That's due to the fact that there isn't much land, same problem in hong kong.  However, at the very least 80% of them live in public housing so at least they're not getting gouged on rentals."}
{"_id": "309143", "title": "", "text": "The other aspect that you're not mentioning that makes TJ so special is their churn rate. Because they only sell a limited number of versions per category (no multiple brands -mostly self branded) nothing just sits on the shelves. So they do massive amounts of volume on almost everything that gets put in their store.  also I have never seen anywhere sell macadamia nuts anywhere close to their price."}
{"_id": "309155", "title": "", "text": "Shouldn't all pieces from think tanks be thoroughly fact-checked?  Whether it be CATO, Center for American Progress, Brookings, Heritage, or AEI, it seems reckless to me to publish their pieces without fact-checking.  I don't even fault Stephen Moore for this. His job is to spread certain economic views.(ones that I tend to disagree with strongly, but that's his job)   If a news publication is to go by the assumption that what he publishes isn't dubious (or sometimes factually incorrect), I think it's their fault."}
{"_id": "309157", "title": "", "text": "Rephrasing your question: Am I diversified if I have more than 50% US stocks?    I would say that you can certainly be diversified and have more than 50% of your portfolio invested in US Stocks.  I view the amount of international stocks (non-US) as a risk choice.  My observations have been that my international stocks have higher risk which comes with a higher reward.   I'm not comfortable with putting too much of my portfolio into a very high risk category. I personally invest 25% directly in mutual funds that invest in foreign stocks.   When you couple that with the money I invest in US stocks via mutual funds that have foreign interests (Coke, GE, etc.), I'm somewhat over 25% international in my portfolio."}
{"_id": "309160", "title": "", "text": "If held in one savings account, how can I easily manage what percentage is planned for which   purpose? I used a spreadsheet for some years, but found it clumsy for everyday use. Thus I wrote some software which my wife and I use for our short-term as well as long-term planning, available at http://budgeter.sourceforge.net. It specifically helps with splitting the money in one or several accounts into logical categories. (The software is not the most user-friendly ever, so there may be better suggestions that follow, but it works well for us. Please feel free to suggest improvements to it as well.)"}
{"_id": "309171", "title": "", "text": "I can't speak for the US, but I've completed direct tax payments via my online bank account (for business and personal) in two countries (South Africa and the UK).  I find it easier and with a better record that the transaction took place than any of the other methods available (including going directly into a tax office to pay by cheque). Mail can go missing. Queueing in their offices takes hours and the result can still be misfiled (by them).  Ditto allowing them to do a pay run on your account - they can make a mistake and you'll have difficulty proving it.  A payment via my bank account gives me an electronic record and I can ensure all the details are correct myself. In addition, in the UK, paying online gives you a good few months extra grace to pay.  Even in South Africa, online payments are given a few weeks grace over physical payments.  Their recognising that you paying electronically saves them processing time."}
{"_id": "309188", "title": "", "text": "Nice comment. Of course, Oracle must be blamed the most because they are professionals of those projects. It is difficult for us to know more concrete details so I would like to ask you which, at this project, poor management skill of Oracle staffs or plan of Oregon are worse to be accused. Or do you think that plan was made mainly by Oracle?"}
{"_id": "309189", "title": "", "text": "We at diamondcommunityservices.com Offering a wide array of qualitative association management related services making sure that needs of everyone is been addressed and met on time, it also ensures smooth and hassle free operation of community as well as association."}
{"_id": "309196", "title": "", "text": "Income tax write off idea would be difficult in California with prop 13 in place. Also, the current legislature would find some way of jumping on its coat tails to impose even more taxes and fees. And current homeowners would oppose it seeing as property values would drop.  Still though, getting the foreign money out of the market would give people a fighting chance at homeownership in the areas they want to buy in."}
{"_id": "309199", "title": "", "text": "It is very important to note the strength and reputation of the country's regulatory agency. You cannot assume the standards of say the SEC (US Securities and Exchange Commission) apply in other countries (even well-developed ones). These regulations force companies to disclose certain information to inform and protect investors. The standards for such practices vary internationally."}
{"_id": "309200", "title": "", "text": "A terrific resource is this article. To summarize the points given: PROS: CONS: There is no generic yes or no answer as to whether you ought to max out your 401(k)s. If you are a sophisticated investor, then saving the income for investing could be a better alternative. Long term capital gains are taxed at 15% in the US, so if you buy and hold on to good companies that reinvest their earnings, then the share price keeps going up and you'll save a lot of money that would go in taxes.  If you're not a very good investor, however, then 401(k)s make a lot of sense. If you're going to end up setting up some asset allocation and buying ETFs and rebalancing or having a  manager rebalance for you every year or so, then you might as well take the 401(k) option and lower your taxable income.  Point #1 is simply wrong, because companies that reinvest earnings and growing for a long time are essentially creating tax-free gains for you, which is even better than tax-deferred gains. Nonetheless, most people have neither the time nor the interest to research companies and for them, the 401(k) makes more sense."}
{"_id": "309226", "title": "", "text": "In a fixed currency system large corporations can easily fund big new investments and it's super cheap.  That's because they are using retained earnings and not competing with lots of fractionally reserved money that is squandering resources chasing whatever bubble is in vogue at the moment.  If you know that a company called Toyota with no access to any retained earnings should build a car for $1 billion dollars and it is guaranteed to be a success before you ever even got started well then you've solved the central planning problem and can just do away with private industry and omnisciently run the whole world by dictatorial decree because you have perfect information about the future.    That doesn't mean that government shouldn't exist.  In a gold backed system the government can tax the population and invest in infrastructure or whatever but when they do that the population will have less to spend, consumption industries will contract and production will be reallocated to the government's whim until the investing is over and then the people will all get their money back through wages or business profits from selling to the government.  It's important that the government have a stable and predictable spending program so they don't cause undue damage to the capital structure."}
{"_id": "309231", "title": "", "text": "&gt;Landlords vs slumlords - somehow I doubt if the author lives in a real slum with a landlord that provides substandard housing. Why call a landlord a derogatory name for providing you a place to live&gt;?  Because my apartment needed 5 repairs in the first four months of renting.  Because my landlord claims to be a nonprofit university (MIT owns large portions of Cambridge) when it's time to pay property taxes but increased the rent 27% over the rent from 3 years ago when they rented the apartment to me.  Because renting out housing stock as old as this by doing the minimal necessary repairs to get it back on the market every year is basically just economic rent-seeking on the value of living in this city."}
{"_id": "309235", "title": "", "text": "It depends on how much money it is going to save you, how secure your job is and how much risk is acceptable to you. The main problem with taking out a 401k loan for anything is that you have to pay it back within ~60 days of loosing your job which would be precisely when you need your savings the most and then you get the tough choice of using your savings to repay the 401k loan (assuming you have an emergency fund) or possibly not having enough money to live on until you find another job. If you don't have an emergency fund you are going to get stuck with a substantial tax bill 10% penalty plus taxes at your marginal rate. There are definitely advantages to avoiding PMI and you will probably get a pretty decent return on investment (mortgage interest rate + cost of PMI), but there are risks as well."}
{"_id": "309243", "title": "", "text": "How does increasing the company's profits get helped by paying for employees to fly domestically in first?    Many have business class policies for flying to other continents (although never first, just business class).     I have flown a plenty of domestic/international first class, and it is fascinating that most of those in paid fares in first are government workers, and non profit employees along with the odd retiree.   The rest are usually there on free upgrades, friends/family of airline employees and those that paid with miles."}
{"_id": "309245", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Fraser Institute Freedom Ranking Belies the America I Know](https://www.reddit.com/r/Economics/comments/78iosy/fraser_institute_freedom_ranking_belies_the/) on /r/Economics with 3 karma (created at 2017-10-25 04:44:06 by /u/Karen_MS)  * [Fraser Institute Freedom Ranking Belies the America I Know: The Pitfalls, Limits of Data Come to the Fore](https://www.reddit.com/r/austrian_economics/comments/789uf2/fraser_institute_freedom_ranking_belies_the/) on /r/austrian_economics with 6 karma (created at 2017-10-24 02:40:47 by /u/TheStatelessMan)  * [Fraser Institute Freedom Ranking Belies the America I Know](https://www.reddit.com/r/Conservative/comments/789rjm/fraser_institute_freedom_ranking_belies_the/) on /r/Conservative with 3 karma (created at 2017-10-24 02:29:36 by /u/Ferginator)  * [Fraser Institute Freedom Ranking Belies the America I Know](https://www.reddit.com/r/Anarcho_Capitalism/comments/789nlc/fraser_institute_freedom_ranking_belies_the/) on /r/Anarcho_Capitalism with 2 karma (created at 2017-10-24 02:14:25 by /u/TheStatelessMan)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "309250", "title": "", "text": "\"This shows that in each market (US and Canada) the company is registered with the appropriate regulatory organization. OANDA is registered in the US with the National Futures Association which is a \"\"self-regulatory organization for the U.S. derivatives industry\"\". OANDA Canada is registered in Canada with IIROC which is the \"\"Investment Industry Regulatory Organization of Canada\"\".  The company does business in both the US and in Canada so the US arm is registered with the US regulatory organization and the Canadian arm is registered with the Canadian regulatory organization.\""}
{"_id": "309256", "title": "", "text": "\"In short: management wants something because somebody said some vague idea.  Management does not really know why the idea should be done! ROI? Good idea? Is there a need for the idea?  Let's not forget that to begin with, management does not know how to execute, implement or design the idea. Never!  The idea is sent to IT to think and do all the above.   IT will never fight Management and do serious work on the first part: Should the idea be done? ROI? Need for the idea? Business Analysts in IT are notoriously knows to be clueless except to write down \"\"requirements\"\" that some Business people said.  So, IT concentrates on the 2nd part: implement and design a solution for the idea.  And between the 12 people in IT working on the design and implementation, non of them have background in Business, Marketing or Accounting, the results are predictable.  How it should be done? You have an idea? You and only you work with all the stakeholder on all aspects of evaluating and implementing the idea: from research about the validity and feasibility of the idea, to checking and working closely with the design and development team as YOU try to implement the idea.\""}
{"_id": "309267", "title": "", "text": "Silly poppets, you begin to sense the nature of the beast and his work now. Its too late to panic now, you have as little chance of stopping this demolition as you would have had if you had stood on the ground floor, of the WTC, and made patriotic speeches while the first few floors started to pancake.  This is what it feels like to see the roof coming down, hate to say I told you so"}
{"_id": "309269", "title": "", "text": "Yes it should be a ACH or other electronic transfer. However, it not unusual to have checks sent for large amounts in corporate banking. Large companies don't give large checks to tellers, they have it sent to a lockbox. However, lockboxes are suited for payment of invoices and I never heard of a billion dollar invoice.  edit: Also, I believe that some of the bailouts were done in checks, but honestly I'm not 100% on that."}
{"_id": "309273", "title": "", "text": "I believe though, qualifying experience is determined by your local society.  What counts as experience in Yellowknife may not count in London.    When I moved to a new society they didn't accept my past work history as qualifying (previous society did), however, I was already done the first two exams and had a front office role, so I didn't challenge the ruling or look into it any further.  Maybe there was/is an appeal process."}
{"_id": "309279", "title": "", "text": "From my experience using PayPal for selling products on eBay (and for the last two, experiences of a friend)...  Can paypal get money from my Bank Account without my authorization. This is assuming they have transferred the funds to me. They can't pull money from your bank account without your authorization. They will, however, take the money from your PayPal account if it's still there, or leave you with a negative balance if you've already withdrawn. They will do this as soon as there is a claim against you and will only release the funds if the investigation ends in your favor. Any money received would first be used to satisfy the negative balance. What actions can paypal takes against me if charge back amount is very high and I don't agree / pay them. They will send it to a collections agency. Is there any case it is going to effect my bank account, i.e. is there any chance paypal can block my bank account in India. They will block you from using PayPal. If you try to sign up again with a different bank account or credit card and they recognize you as the account holder, they will block that account as well."}
{"_id": "309287", "title": "", "text": "Reach out to some local small business networks and invite them to have meetings in her shop.  Same for local book clubs, philosophy discussion gropus, etc.  Hit up meetup.com and find groups that would enjoy the space, contact the organizer and get them in."}
{"_id": "309298", "title": "", "text": "\"The PMI premium you pay is dependent on a very large number of variables in the finance market. Mortgage insurance, at the higher inter-bank levels, is handled with credit default swaps (the ones you've been hearing about on the news for the past 4 years), where the lender bundles a block of mortgages, takes them to a guarantor like AIG or Freddie Mac, and says \"\"We bet you that these mortgages will default this month, because the homeowners have little or no equity to deter them; if we win, you agree to swap these debts for their current face value\"\". The lender examines the mortgages, calculates the odds of a default severe enough that the bank would come to collect, using complex environmental heuristics, multiplies by the value of the potential payout, adds a little for their trouble, and says \"\"well, we'll take that bet if you pay us $X\"\". The bank takes the deal, then divvies up that cost among the mortgages and bills the homeowner for their share. The amount you pay for PMI can therefore depend on pretty much anything in this entire process; the exact outstanding amount and equity status of your loan, the similar status of other mortgages your loan will be bundled with for assessment, who the guarantor is, what exact heuristic they use to come up with an amount, the weighting the bank uses to divvy it up, and how much they actually pass on to you.  Most of these same variables are at play when you shop for actual insurance for your car or home, which is why your premiums will go up or down with the same insurer and why someone else always seems to have a better deal (pretty much every insurer can say that \"\"drivers who switched saved an average of $X\"\"; of course they did, otherwise they wouldn't have switched). Thinking of it in those terms, it's easy to see how this number can vary widely based on numbers you can't see. You're free to say no, and it will cost you nothing right up until you sign something that says you agree to be penalized for saying no. While the overall amount of the payments does decrease, the PMI has gone up, and that's money you'll never see again just like interest (except you can deduct interest; not PMI). I would do the tax math; find out how much you could deduct over the next year in interest on your current loan, then on their proposed terms, and what the resulting tax bills will be from both. You may save monthly only to pay more than you saved to Uncle Sam at the end of the year. You're also free to negotiate. The worst they can do is stay firm on their offer, but they may take a second look and say \"\"you're right, that PMI is rather high, we'll try again and see if we can do better\"\". They can either negotiate with their insurer, or they can eat some of the PMI cost that they're currently passing on to you.\""}
{"_id": "309314", "title": "", "text": "\"Are you sure you're using the same date range? If you're using Max, then you're not, as ^FTMC goes back to 12/1/1985 while ^GDAXI only goes back to 11/1/1990. If I enter a custom date range of 11/1/1990 through 10/24/2015, I get:  and:  which, other than the dates it chose to use as labels on the x-axes, look identical. (I tried to add the URLs of the charts, but it looks like the Yahoo! URLs don't include the comparison symbol, which makes them useless for this answer. They're easy enough to construct though, just add the secondary symbol using the Comparison button and set the date range using the calendar button.) On your PS, I don't know, as you can see by my charts it even chose different labels when the date ranges were identical (although at least it didn't scale different dates differently), so maybe it's trying to be \"\"smart\"\" and choose dates based on the total amount of data available for the primary symbol, which is different in the two cases.\""}
{"_id": "309326", "title": "", "text": "\"Nobody has a \"\"crash proof\"\" portfolio -- you can make it \"\"crash resistant\"\". You protect against a crash by diversifying and not reacting out of fear when the markets are down. Be careful about focusing on the worst possible scenario (US default) vs. the more likely scenarios. Right now, many people think that inflation and interest rates are heading up -- so you should be making sure that your bond portfolio is mostly in short-duration bonds that are less sensitive to rate risk. Another risk is opportunity cost. Many people sold all of their equities in 2008/2009, and are sitting on lots of money in cash accounts. That money is \"\"safe\"\", but those investors lost the opportunity to recoup investments or grow -- to the tune of 25-40%.\""}
{"_id": "309333", "title": "", "text": "&gt;Your exports are greater than your imports (at least relative to the US). This is going to have a significantly inflationary impact on your economy.  I did consider this, but I frankly don't understand. Exactly how and why does a strong economy mean higher prices?   Also, I presumed the reverse of your second point: that our minimum wage is 2x higher than America's because it would be totally and utterly impossible to live in this country on the American minimum wage"}
{"_id": "309345", "title": "", "text": "Wow, your experience is definitely not unique. A close friend of 8 years complained about his medium sized company struggling to gain market share. The company I worked for at that time had a product that could dovetail with his product with some effort. I told him about this idea, and the ball was set rolling. I  had set up a small company to act as supplier of the integration service between these two companies, with all effort on my side being done at own cost, and the continuous integration cost being carried by my company.  The friend found a way to steal most of my source code, and got a developer to complete the integration system, while cancelling the contract with me on ungrounded accusations.  I realised that warnings from other friends about this guy's integrity proved accurate, and I decided to cut all ties since no money had been made.  If this had happened after I had quit my full-time job as was the plan and started depending on this business for income my family would have lost everything we had.    OP has the core truth of it: &gt; you may feel that your company is different from all of those other companies that have problems or interpersonal differences. Don't assume that. Trust your partners, have high standards for your performance and the performance of each individual in the group, but pay attention to protecting yourself along the way. Verbal agreements or goodwill may mean something to you but don't count on everybody else holding themselves to that standard."}
{"_id": "309354", "title": "", "text": "There is not necessarily a need to prevent what you describe - 'turning insurance on before high risk situations'. They just need to calculate the premiums accordingly. For example, if an insurance needs to take 50$/year for insuring your house against flood, and a flood happens in average every 10 years, if you just insure the two weeks in the ten years where heavy rain is predicted, you might pay 500$ for the two weeks. The total is the same for the insurance - they get 500$, and you get insurance for the dangerous period. In the contrary; if a flooding (unexpectedly) happens outside your two weeks, they are out. From the home owners view, 500$ for two weeks when heavy rains and floods are expected, and nothing otherwise sounds pretty good, compared to 50$ every year. It is the same of course, but psychology works that way."}
{"_id": "309358", "title": "", "text": "\"The biggest risk you have when a country defaults on its currency is a major devaluation of the currency. Since the EURO is a fiat currency, like almost all developed nations, its \"\"promise\"\" comes from the expectation that its union and system will endure. The EURO is a basket of countries and as such could probably handle bailing out countries or possibly letting some default on their sovereign debt without killing the EURO itself. A similar reality happens in the United States with some level of regularity with state and municipal debt being considered riskier than Federal debt (it isn't uncommon for cities to default). The biggest reason the EURO will probably lose a LOT of value initially is if any nation defaults there isn't a track record as to how the EU member body will respond. Will some countries attempt to break out of the EU? If the member countries fracture then the EURO collapses rendering any and all EURO notes useless. It is that political stability that underlies the value of the EURO. If you are seriously concerned about the risk of a falling EURO and its long term stability then you'd do best buying a hedge currency or devising a basket of hedge currencies to diversify risk. Many will recommend you buy Gold or other precious metals, but I think the idea is silly at best. It is not only hard to buy precious metals at a \"\"fair\"\" value it is even harder to sell them at a fair value. Whatever currency you hold needs to be able to be used in transactions with ease. Doesn't do you any good having $20K in gold coins and no one willing to buy them (as the seller at the store will usually want currency and not gold coins). If you want to go the easy route you can follow the same line of reasoning Central Banks do. Buy USD and hold it. It is probably the world's safest currency to hold over a long period of time. Current US policy is inflationary so that won't help you gain value, but that depends on how the EU responds to a sovereign debt crisis; if one matures.\""}
{"_id": "309361", "title": "", "text": "Let\u2019s compare your target fund, FFFFX to a well-known ETF, SPY; SPDR S&P 500 ETF. Source: Yahoo Finance The difference in performance over a longer time-frame is significant, You can and should carefully research better funds in order to improve performance. FULL DISCLOSURE: My own IRA is at Fidelity. Less than 10% of my IRA is in Fidelity mutual funds. None is in FFFFX."}
{"_id": "309387", "title": "", "text": "The risk-reward relation depends on what you are changing. In the most cases people ask about, it is not linear but I will give examples of both. Nonlinear case 1:  As you diversify your portfolio, the firm-specific risks of various stocks cancel each other out without necessarily affecting the expected return of the portfolio.  Reduction in risk without any loss in returns--very nonlinear.  Nonlinear case 2: If you are changing the weights in your portfolio to move along the efficient frontier, then you the risk-reward relation is a hyperbola, which is nonlinear. Nonlinear case 3: If you are changing the weights in your portfolio to move away from the efficient frontier, then you increase risk without adding a fully compensatory amount of return.  There could be many paths along the risk-reward plane, but generally it will not be linear in the sense that it will not be on the same line as your initial, efficient, portfolio and your savings account. Linear case 1: The most common sense in which we think of the risk-reward relation being linear is when the thing you are changing is the size of your investment.  If you take money out of savings to put in your fully diversified portfolio without changing the relative weights, your expected returns will increase linearly. Linear case 2: If you believe the CAPM, then the expected return of an asset stock is linearly proportional to the market risk of the firm.  If you could change the market risk of a single asset without changing anything else, then you would linearly change its expected return. The general rule about the risk/reward relation is this: If you are changing the size of your investment, the relation is linear.  If you are changing its composition, the relation is nonlinear"}
{"_id": "309388", "title": "", "text": "This is determined by each banking institution.  In general, if making the withdrawal in person, the limit is based on what you have in your account, but many ask for advance notice when withdrawing more than $5000.  They may still allow a larger withdrawal without notice, but usually have a policy in place and will tell you over the phone.  You should also be aware that the bank is required to report withdrawals totaling $10,000 or more in a day to the treasury department and may require extra paper work (businesses are often exempted or at least have higher amounts). For very large withdrawals, you would definitely have to wait, but you may not be able to get an answer over the phone as to how long unless you actually have $600K on deposit at that bank.  They will have some kind of protocol to handle such a request, i.e. teller will talk to a manager, who may have to make a call to a regional or national office and make special arrangements. Most branches don't want to have their regular stash of cash plus an extra $600K lying around.  There are insurance and security concerns.  The increased potential for theft can put employees and other customers at risk.  They may also not feel comfortable unloading bags of money from their vault or armored truck into the back of your car. While this is a very uncommon scenario, it has actually happened before.  It took 'weeks' and when funds were available, additional security and police escorts were called in. Edit: You can find summaries of the regulations here and here and more complete info here.  In general, the money should be available within 1-8 business days after it is deposited depending on the nature and amount of the deposit, but the regulations are really designed for more ordinary transactions.  For a $600K withdrawal, the bank can cite security issues and decline to honor the request in cash.  If you ask, your bank should provide their standard policy, which could include language such as this: We require prior notice for large cash withdrawals. We can refuse an order to withdraw funds in cash or to cash an item if we believe that the request is a security risk or possesses a hardship on the Bank. We may require you to accept an Official Check or electronic transfer to receive the funds. If we agree to a large cash withdrawal, you may be required to employ a courier service acceptable to us and at your risk and expense. If a large cash withdrawal is completed at a branch you will be required to sign a cash withdrawal agreement. Refusal to sign the agreement is grounds for us to revoke the cash withdrawal and require an alternate delivery for the funds. You might also find this question interesting."}
{"_id": "309393", "title": "", "text": "\"Maybe a bit off topic, but I suggest reading \"\"Rich Dad Poor Dad\"\" by Robert Kiyosaki. An investment is something that puts money to your pocket. If your properties don't put money to your pocket (and this seems to be the case), then they're not an investment. Instead, they drain money from you pocket. Therefore you should instead turn these \"\"investments\"\" into real investments. Make everything to earn some money using them, not to earn money somewhere else to cover the loses they create. If that's not possible, get rid of them and find something that \"\"puts money into your pocket\"\".\""}
{"_id": "309395", "title": "", "text": "Insurance isn't a product designed to protect against financial loss. The product is designed to allow people to pay a small fee (the premium) for peace of mind. This allows the insured to feel as if their purchase was worthy (they see the potential of loss as a concern and the premiums small enough to allow them to not worry about having a loss). Insurance companies will then seek out insurable risks where the perceived losses far out weight the actual losses (risk assessment). So, you answer is that your friends are paying for peace of mind."}
{"_id": "309398", "title": "", "text": "Earlier it was only rich and affluent that used to travel in cars. But with globalization, car prices have reduced so drastically that even common man is able to afford a car. However, it\u2019s not the case all the times and sometimes; you may have a need to rent a car."}
{"_id": "309400", "title": "", "text": "\"This is a great data find. I've been trying to explain to my friends for years that outsizes corporate profits have been caused by outsized corporate leverage but they never believe me (and never bother picking up a 10-K either).  I do, however have an issue with this statement:  &gt;If corporations really are people, it's time for them to start acting like people--and sharing their wealth.  I don't know that many people who actively \"\"share\"\" their wealth. My parents have always seemed much more concerned about saving for retirement and college than they did about \"\"sharing\"\" their wealth with others. To somehow imply that sharing wealth is the natural human thing to do is a bit presumptuous.\""}
{"_id": "309420", "title": "", "text": "Also keep in mind that with an all-cash offer, they get their money now and not spread over X-many years, which means they can reinvest it now rather than piece meal across the term of whatever the loan would be. (Presuming the bank would be financing the house themselves.) Additionally, with an all-cash offer, there end to be fewer lawyers at the table, fewer parties total, so the process can generally proceed faster."}
{"_id": "309451", "title": "", "text": "In your comment in response to this answer, you said that your biggest issue is oversight, which you can do by checking your online bank account regularly. Mint.com looks good but you're in Australia? Easy, check out getpocketbook.com. Using it and love it, helps a lot to track your tracking, and it's a god-send during tax time."}
{"_id": "309460", "title": "", "text": "They all have competitors, but not many competitors. I feel like they're all in cahoots to get around monopolizing. Like, they realize there needs to be the appearance of competition and so they help each other stay at the very top by buying up all the little guys."}
{"_id": "309462", "title": "", "text": "New York City is high cost-of-living, and I have absolutely no clue why people live there.  It's a tough place, and the taxes are oppressive.  People buy a studio apartment for $150,000 that has 175 square feet (that's not a typo) plus a $700/month maintenance fee that continues after the mortgage is paid off.  And that's just what the fee is now. Our rental house (which used to be our primary residence) at 1,300 square feet has a (15-year) mortgage payment of about $800, and $1,000 per year in property taxes.  And my area isn't particularly low cost-of-living. High cost-of-living is just that.  More money flies out the door just for the privilege of living there.  You make good investments with real estate by buying property at a good price in a good location.  Those deals are everywhere, but in high CoL locations you're probably more susceptible to price fluctuations which will trap you in your property if your mortgage goes underwater. Anyway, that's a long way of saying that I don't buy your recommendation to get property in high CoL areas.  There are desirable low CoL places to live, too."}
{"_id": "309464", "title": "", "text": "A California Chevy Volt owner here... it costs me about $0.95 to charge the car over night (super off-peak rates between midnight and 6 AM are cheap) and I get about 35 - 47 miles per charge out of the battery before the gas engine kicks in.  The mileage changes depending on the weather... it's been over 100 Fahrenheit here recently which requires the A/C to be on to cool the battery in addition to the cabin resulting in the advertised 35 miles per charge.  Now that it's cooler, i'm getting 47 almost every day."}
{"_id": "309483", "title": "", "text": "This sounds like a perfect application for a cryptocurrency. There are already some currencies designed for use in-game. Gamecredits and Voxel come to mind but there are others. You could use on of them or you could create your own just for your game.  I second what others said about letting prices change naturally according to supply and demand."}
{"_id": "309488", "title": "", "text": "\"This is an annoyingly misleading title. The article reads:  &gt; Clickmeter will continue to serve the 100,000+ users but will be positioned going forward for more sophisticated customers.  So he's not killing it. He's just creating another company, because he saw a market opportunity. That's (in theory) a smart thing to do, but it's not the same as \"\"killing a startup that has over 100,000 customers.\"\"\""}
{"_id": "309497", "title": "", "text": "@Tim - in this case, a futures contract isn't like an options contract. It's simply a method of entering into an agreement for delivery at a future date.  While the speculators appear to have taken over, there are practical examples of use of the futures market.  I am a gold miner and I see that my cost is $1200/oz given my quality of ore. I see the price of gold at $1600 and instead of worrying that if it goes too low, I run at a loss, I take advantage and sell contracts to match my production for the next year (or as long as the contracts go, I forget how far out gold futures are).  Of course I give up the higher price if gold goes higher, but this scenarion isn't speculation, it's a business decision.  The bread maker, on the other hand, might buy wheat futures to guarantee his prices for the next year."}
{"_id": "309507", "title": "", "text": "\"His conclusion doesn't match the background.  &gt; Gladwell cites research from UCLA's Mitchell Chang that shows that a person's odds of earning a science or math degree fall two percentage points for every 10-point increase in the average SAT score of his or her peers.  This says that a person at an Ivy League school has a lower \"\"chance\"\" of graduating with a degree.  It would be fine to say \"\"don't hire incoming Harvard freshman for your engineering or technology job because there is a lower chance of them completing their degree\"\" but nobody hires incoming freshman, they hire graduates.  What does this even say about the quality of the graduate once they actually have their degree?  As far as I can tell nothing.\""}
{"_id": "309520", "title": "", "text": "When you say that you are not sure 'what amount of money would make a difference in the future', it indicates that you have not clearly identified your long term financial goals. Consider monthly budgeting to be one of the stepping stones to long term financial planning. How much you can 'afford' depends not only on your savings and income, but also your future expenses. If you want to buy a house in 2 years, for example, you may want to scrimp and save just a little longer, to secure a larger down payment. If you want to retire early, then similarly saving money now should bring you not short term financial wealth, but long term security. How much you can 'afford' will depend on how your current financial situation matches up with your future goals. The rules of thumb you listed (ie: % of income) may be good starting places, but that doesn't mean they are the right answer for you, in your current situation."}
{"_id": "309522", "title": "", "text": "Yeah, but industrial use of gold and silver is not what really makes it valuable. If people stopped viewing gold as status symbol or investment, and used it only for industry, it's value would drop rapidly.  Same with diamonds - yes, they are valuable for industrial saws, but that is marginal part of therlir value.   Also, it is not that money is illusory and based on trust. It is that *society* is illusory and based on trust.   If people suddenly stopped believing in society and following social norms and institutions, there would be a chaos, and only *real* source of power would come from physical force and from weapons."}
{"_id": "309533", "title": "", "text": "If its JavaScript-based you can check the source code to see if any messages are being sent, again this doesn't mean the code's malicious.  if there's any type of form submission you can't tell.  You could always implement it yourself, SHA1 is publicly accessible although not the easiest algorithm to build."}
{"_id": "309535", "title": "", "text": "well, but to the best of my understanding we *do* subsidize the Koch Bros extremely heavily.  my sense of things is that Soros is not popular with the powers that be, and left out of the subsidies, but please enlighten me if i am wrong.  i am interested and curious.  also cynical but thats another post.  hah"}
{"_id": "309538", "title": "", "text": "You can use Norbet's Gambit to convert between USD and CAD either direction. I have never personally done this, but I am planning to convert some CAD to USD soon, so I can invest in USD index funds without paying the typical 2% conversion fee.  You must be okay with waiting a few days for the trades to settle, and okay with the fact that the exchange rate will almost certainly change before you sell the shares in the opposite currency. The spread on DLR.TO is about 0.01% - 0.02%, and you also have brokerage commissions and fees. If you use a discount broker the commissions and fees can be quite low. EG. To transfer $5000 USD to CAD using Questrade, you would deposit the USD into a Questrade account and then purchase ~500 units of DLR.U.TO , since it is an ETF there is no commission on the purchase. Then you request that they journal the shares over to DLR.TO and you sell them in CAD (will have about a $5 fee in CAD, and lose about $1 on the spread) and withdraw. The whole thing will have cost you $6 CAD, in lieu of ~$100 you would pay if you did a straightforward conversion with a 2% exchange fee. The difference in fees scales up as the amount you transfer increases. Someone has posted the chat log from when they requested their shares be journaled from DLR.TO to DLR.U.TO here. It looks like it was quite straightforward. Of course there is a time-cost, and the nuisance of signing up for an maintaining an account with a broker if you don't have one already. You can do it on non discount-brokers, but it will only be worth it to do it with a larger amount of money, since the commissions are larger. Note: If you have enough room to hold the CAD amount in your TFSA and will still have that much room at the end of the calendar year, I recommend doing the exchange in a TFSA account. The taxes are minimal unless the exchange rate changes drastically while your trades are settling (from capital gains or losses while waiting a few days for the trades to settle), but they are annoying to calculate, if you do it often. Warning if you do it in a TFSA be sure not to over contribute. Every time you deposit counts as a contribution and your withdrawals don't count against the limit until the next calendar year."}
{"_id": "309550", "title": "", "text": "\"The markets now are projecting inflation over the next 10 years of only [1.19 percent](http://www.clevelandfed.org/research/data/inflation_expectations/). That's the lowest since the deflation that drove the Great Depression.  And prices just **fell** [in May](http://tucsoncitizen.com/usa-today-news/2012/06/14/consumer-prices-fall-0-3-in-may/), *deflation* once again.  The last time before this that prices *fell* was the last half of 2008 -- the start of the Great Recession.  So we have prices **falling** again, and the last time two times we had unexpected significant price falls they gave us the Great Depression and Great Recession.  Anyone who is actually afraid of inflation today is somewhere between being totally out of touch with reality and being an obsessive loon.  &gt;So just help me figure out why there are economic arguments against purposefully high inflation (5%)  You *don't* want \"\"purposely high inflation\"\".  One party's gain with that is just another party's loss.  However we are eons away from that, for better or worse.  But what we ***really don't want*** -- with deflation pressing all around us again, creating a real need for monetary (not fiscal) stimulus to prevent the third \"\"Great\"\" bad thing -- is inflation paranoids running around trying to stop it screaming \"\"Weimar! Zimbabwe!  We're about to turn into another Weimar / Zimbabwe!\"\"  Paranoia about inflation is absolutely destructive in this economy.   Yet, [Conservatives prefer socialism to 3% inflation](http://www.themoneyillusion.com/?p=14918), forgetting everything Milton Friedman taught them.  Alas, it's true.\""}
{"_id": "309555", "title": "", "text": "The United States taxes gifts to the giver, not the receiver.  Thus, in your case there would be no direct tax implications from the receiver so long as you are gifting cash and the cash is in Canada.  If you are gifting capital (stocks, property, etc.), or if you are gifting something that is in the United States (US stock, for example), there may be a tax implication for either or both of you. Your adult child would, however, have to file an IRS form since the gift is so large (over $100k) to create a paper trail for the money (basically proving s/he isn't money laundering or otherwise avoiding tax). See this article in The Globe And Mail which goes into more detail. There are no implications, except that there is a form (IRS Form 3520) that would have to be filed by the U.S. recipient if the foreign gift is over $100,000 (U.S.). But the child would still receive the gift tax-free. The U.S. gift tax would only apply when the Canadian parent makes a gift of U.S. \u201csitus\u201d assets, which are typically only U.S. real estate or tangible personal property such as a boat located in the U.S. For gift-tax purposes, U.S. shares are not considered to be U.S. situs assets."}
{"_id": "309561", "title": "", "text": "Canada does not have tax lien certificates. Instead, they do tax deed sales.  Because the process is much further along, often involving local sheriffs, it is much closer to a U.S. foreclosure sale/auction process than a tax lien as you are likely thinking.  The laws and processes vary by province as well, so you'll want to contact the provincial government tax offices to get the details."}
{"_id": "309577", "title": "", "text": "Trader Joe belongs to Aldi Nord, which covers the northern half of Germany.  Aldi S\u00fcd (South) is the master race though, in Germany at least. They tend to have a greatly different level of quality abroad, e.g. I heard in the UK Aldis are considered shit-tier, so your experience may vary.   edit: typo &amp; grammar"}
{"_id": "309588", "title": "", "text": "Taking the help of experts is the best possible offer that an individual can look forward to. In that case calculating the current mortgage interest rates in MN becomes more important. Best home refinancing company, MN offers you the scope to deal with mortgage calculators. These are modern and tech savvy tools that take into consideration various factors related to the same."}
{"_id": "309589", "title": "", "text": "Be it a small mid-size or big business, they want to upload clear, bright, and sharp images of their products on their website or other online platforms to lure customers. Subsequently there is increase the demand of expert Product Photography in LA."}
{"_id": "309590", "title": "", "text": "Well your caution is appreciated! I didn't even see it like that so thank you for pointing it out! I've been tying to read up on him and the company and things look legit but I'll still keep this info with me. Thank you again for watching out:)"}
{"_id": "309618", "title": "", "text": "\"You don't need to tell me your charity plans. They don't matter. Your comments still show lack of empathy, a basic innability to put yourself in another ones shoes. That actually is pretty important if you want to be a MD.  Have you ever thought that these people work so that they don't become criminals? They maybe fucked up in the past, or maybe not, but the market is not a good judge for their \"\"worth\"\". They are people not a commodity or a number.   The fact is, even if you trained these people, menial workers are NEEDED in a society, and therefore they should be able to make enough money to survive in the society.  You know, free market is not the magical solution for everything. And you may not believe it, but I do have the view that for the most part the govt screws up, and should be given extremely limited powers.  I don't claim to know the solution for their problem, but I do feel for them. Not only do they have to support their families with too less, but they also have to listen to people telling them how worthless thy are.\""}
{"_id": "309650", "title": "", "text": "Many people, especially with lower income/skill/education, have poor money management skills to the point where they will not be able to ration their money for a full month. If the payment schedule is reduced to weekly or bi-weekly it becomes easier for such people to make non-discretionary payments."}
{"_id": "309672", "title": "", "text": "I filed all my tax returns when I was abroad so they know how much I   made (just not how much I saved). I smell problems here. If you were compliant wrt to your filings, you must have filed FBAR forms and form 8938. Even if you were below the threshold for form 8938, you will probably be above it when you move back to the US - the threshold for people living in the US is much lower. Do I still need to declare it, even though I might not intend to use   this money to help my kids through college? I believe so. Here's what they want: Nothing there suggests that it is only limited to the accounts in the US or to the money you intend to use to help your kids through college."}
{"_id": "309684", "title": "", "text": "See if there are any favorable tax treaties between your two countries. (check US state department - or find the nearest PWC, Deloitte, KPMG, these are global auditing firms that deal with international tax and compliance) A tax treaty could have possible goodies such as a lower more favorable tax or even a tax credit from. For instance, if you paid 28% tax in the US then your new country will give you a credit on the taxes owed to them. The point of tax treaties are to prevent double taxation, but in the effort to do so they often create their own new tax rates for transfers between countries. You'll be better off just paying the 28% US income tax on your 401k distribution. And using the post-tax money as you please. US citizens are on the hook for income tax several years after they leave the US."}
{"_id": "309696", "title": "", "text": "Reminds me of last winter when two girls knocked on our door to shovel snow. I asked how much. They said $20. I pay $50-75 since I have a huge driveway (circular on one side and a regular driveway on to another street. I asked if they were sure because that is a lot of driveway. They say yes. I say, you got a deal and I'll give you $30 and you only have to do one of the driveways.  Look down 20 minutes later and they found out how hard it was and called their dad and he was stuck doing most of it. Very shitty job and they walked all over the snow on the other driveway making it even harder to shovel. Laughed a lot but had to pay a professional to clean up their mess."}
{"_id": "309698", "title": "", "text": "The actual policy will vary based on the specific bank.  But, if I were in your shoes I'd include RMDs in my stated income for credit card purposes."}
{"_id": "309702", "title": "", "text": "As you see these types of hacks escalate year after year with more and more consequences, at what point does the public realize that collecting immense volumes of personal data in a giant honeypot centralized repository is a bad idea?  There is a fundamental difference systemic risk and compartmentalized risk. Compare the technology of bitcoin/blockchains and it becomes obvious quickly that the future of digital security exists in decentralized wide open platforms. Bitcoin gains its security by *allowing* access to everyone, databases such as this Equifax one gain their security by *denying* access to everyone.   The traditional approach to IT security is the creation of a bubble boy, buried deep within the private intranet, nestled in tight within it's private VLAN. The swarming AIDS of the internet buzzing around the corporate firewall, just waiting for even a tiny micro-crack to open the flood gates of hell and implode the death star.   143 million Americans now at risk of identity theft even never had a choice."}
{"_id": "309704", "title": "", "text": "Well to enlighten you a little STUPID people can figure out how to pass a drug, just like drug addicted loosers. So who would pick if you had to choose to hire an employee who was a raging emotional moron with a low IQ or just someone who was a weed smoker? Whats the risk of refusing to learn there could be a better way of doing things?"}
{"_id": "309733", "title": "", "text": "You're not wrong, but Uber has worse base pay, so it doesn't matter.  After I found out that they dropped the detroit mileage rate for drivers to well below the standard reimbursement for employees using a car (expected to cover fuel and wear and tear @$.56/mi), I realized how insane the race to the bottom was. They have since brought it back up, but it makes clear the generally horrible business practices and total lack of appreciation uber has for its drivers."}
{"_id": "309737", "title": "", "text": "Business, complex economic operations concerning those functions that govern the production, distribution, and sale of goods and services for the benefit of the buyer and the profit of the seller. The economic transformation ushered in by the Industrial Revolution brought with it new and constantly changing ways of conducting business, and the creation of new forms of business organization that themselves have subsequently evolved to a greater or lesser degree. The main forms of business organization are described below."}
{"_id": "309758", "title": "", "text": "If you had an agreement with your friend such that you could bring back a substantially similar car, you could sell the car and return a different one to him.  The nature of shares of stock is that, within the specified class, they are the same.  It's a fungible commodity like one pound of sand or a dollar bill.  The owner doesn't care which share is returned as long as a share is returned.   I'm sure there's a paragraph in your brokerage account terms of service eluding to the possibility of your shares being included in short sale transactions."}
{"_id": "309771", "title": "", "text": "Oh there is a mark up, store brand items typically have better margins than the name brands. The quality is usually a hair lower compared to the name brand, but basically the same. Canned Green beans for example, might have a slightly more brownish tint and might not be as perfectly uniform in size. They still taste the same and you're probably not going to even notice the small difference."}
{"_id": "309780", "title": "", "text": "Having a cushion / emergency fund will hopefully keep you from having to build up any more debt once your cards are paid off.  I would increase your payments on the 2% cards to a point where you feel comfortable in how much of a cushion you have.  Keep your payments steady on the 0% card. Be careful and watching your statements each month, often having a credit problem in another account (electric bill, cable bill, etc) will allow credit card companies to jack up your rates unexpected.  If that does happen, you've still got an emergency fund to pay them down quickly in the future."}
{"_id": "309796", "title": "", "text": "\"You should come to Europe and learn the realities of those countries, not believe the narrative of the USA progressives. The nordic european countries started the XX century quite de-centralize and free market based. Over time they became more social-democrat and ended up suffering a systemic crisis during the 80's. Since then they have been de-regulating and de-centralizing and they have recovered. For example, in Sweden 30% of the roads are private or most of them have a system of voucheurs for education.  Norway is an exception since they have petrol and can get away with stuff \"\"normal\"\" economies can not.\""}
{"_id": "309819", "title": "", "text": "\"We used an internal billing system where we have Project numbers, overheads, and proposal numbers. Projects may or may not have a client backing them, Overheads are strictly that, overhead costs.  In the chargeback system we utilize (written by yours truly) we devised an SLO (Service Level Offering) which is the default, PC and Default software such as Office, Adobe Reader, Windows etc... and the hardware itself plus depreciation. This, when analyzed with total Business Unit working manhours, can devise an hourly rate that we apply to all Projects/Overheads/Proposals through time booked to these account through the Timecard system. A rate of 3.00 per manhour worked is applied accross the business Unit.  Additional costs are divied by percentage based on Timecards. If Employee A charges 50% time to Project 1, 40% to Project 2 and 10% to project C, then those percentages will be applied to divy out the additional IT costs to the various projects, and thus making these items billable back to the client. This lowers our Overhead costs, transfers cost from Cost Centre to Profit Centre and lowers our GMAF.  As for external to IT, it often prevents shit from getting done. \"\"Hey man, can you help me for a second?\"\" \"\"RAAAAAAWWW GIMME CHARGE NUMBER!!!!!!!!\"\" and creates internal animosity between project managers.\""}
{"_id": "309824", "title": "", "text": "Thank you for your reply. I have the same questions as OP.  And have scheduled for next year to dive in the CFA lecture, out of curiosity. Question does the literature change every year or is last year's or even before also a good basis to learn?"}
{"_id": "309830", "title": "", "text": "\"I have worked for a number of assholes and the bottom line was this: there was no room for error. There was no \"\"he/she will understand that I'm human and just made a mistake.\"\" Couple that with brilliant product ideas and you get brilliant products. But rest assured it sucked if you weren't one of the best at what you did.\""}
{"_id": "309840", "title": "", "text": "\"I don't know about the technicalities of retirement accounts, but I would advise you to please please please do not use retirement money to buy a home. The reason for not ever wanting to spend your retirement is.. when can you make it up?  When you retire, you are by definition no longer earning money, so all your expenses can only come from the money you have saved.  If you are willing to borrow from your retirement, it is not hard to imagine you are willing are willing to get a new car, or a new barbecue, or a new fishing boat before you repay yourself. So the question to ask yourself is, \"\"can I deal with renting for a few years knowing that I can retire comfortably, or am I willing to risk retirement to have a house now.\"\" Part of the will power it takes to pay yourself first is not taking from your own savings.  You cannot count on anybody but yourself to take care of you when you are old. It is just opinion, but risking a comfortable retirement for a home now is not a risk anybody should take.\""}
{"_id": "309851", "title": "", "text": "I disagree.  When you start giving that person money to invest, you are made very much aware that there is no guarantee that your investment will see a return or that you will ever see it again.  As long as the person managing your funds didn't do anything illegal to lose your money, then he was just doing his job as **both** the investor and he agreed upon."}
{"_id": "309853", "title": "", "text": "I have used Quicken for over 10 years.  It has always provided the information I needed and I have always received good support from Intuit."}
{"_id": "309858", "title": "", "text": "Well, that's the whole point of this issue, and why there's a debate.   And concerning the Cotsco analogy, whether retail and manufacturing can be the same entity or not, and whether as a retailer you can push only your own brands, is also up for debate.  It's called regulation, it's meant to prevent monopolies and cartels from forming, among other things. We've seen this happen elsewhere too (transportation, electricity, water, healthcare, etc...). Businesses *do not* have the right to do whatever they want.   I also think what has not been mentionend is that internet provision is effectively a cartel in the US, with different ISPs holding monopolies in different parts of the country, which has been allowed to continue.   Anyways, I'm not in the US, so I'm not affected by this (where I live has confirmed net neutrality and anti-monopoly legislation is important, and anyways there's ISP competition so this bullshit cannot be applied unless they work together) but I think if this goes through the US internet will end up even more like the US cable industry, to the detriment of users. I'm also worried about the knock on effects this will have with the rest of the World."}
{"_id": "309864", "title": "", "text": "Equifax has a Single Use offering for $20 for their own score or $30 for the three big guy's reports.  I am a fan of Credit Karma which offers a free service that reflects the FICO score as good as any you'd pay for. Since each reporting agency can vary slightly, Credit Karma will have a score that's in the same range. And it's pretty much real time."}
{"_id": "309866", "title": "", "text": "Don't do it!  The penalty and repayment requirements of the 401K will likely be more of a headache than the student loan payments.  Just pay off the student loans the normal way, or in larger chunks, if you can.  Student loans often have lower interest rates than other loans.   Think of your 401k as your long term savings.  Don't rob your long-term self to pay the student loans."}
{"_id": "309868", "title": "", "text": "One big deciding factor will be what standard of living you want to maintain once you move out.  Your parents have had years to get raises, accumulate savings, and establish the standard of living you are used to.   Regardless of how much you save up now, you'll still have to be living at or below your means once you move out, that means that all the expenses you currently have covered by your parents have to come out of something you are currently spending elsewhere.  If they can come out of whatever extra money you have now, then great.  If not, you'll have to re-align your budget to align with your income. In my experience, seeing my friends and I move out, this was the biggest issue.  Those who settled into a new standard of living until their wages went up did fine (even the few who moved out at 18 with no savings).  Those who couldn't drop the extra expenses, and wanted to continue living at their parent's standard of living either never left home, ended up moving back, or ended up massively in debt.  We're only just hitting 30 now, so it didn't take long for things to settle out."}
{"_id": "309883", "title": "", "text": "Dental implants are designed to artificially replace a tooth root using a small titanium post that is surgically inserted into the jaw. There is no need to be concerned, as we will ensure you are comfortable and relaxed during this procedure to insert single or multiple dental implants as required."}
{"_id": "309891", "title": "", "text": "I'm currently using ecns to trade odd lot taxables. However, this is a market that some days produces big returns and some days the faucet is barely dripping. The constant uncertainly and having to go to work everyday to hunt is awesome but at the same time rather questionable in the long run. Any suggestions? I'm also looking to raise my current take home."}
{"_id": "309904", "title": "", "text": "Whilst it is true that they do not have a conference call every time a rating is produced, the parameters of a natural oligopoly do indicate that there are negative effects of deviating too much from the other members of an oligopoly.   There are instances of rating agencies (Moody's) giving lower ratings to punish the issuer for going elsewhere (Re Hannover), but usually a slightly lower rating may be acceptable and is usually corrected to be in line with the competitor shortly afterwards. The power, arguably, is with the issuer in this sense because they can take their business to the 3rd member (Fitch) if the rating is too low from one of the Big Two. The preservation of the 'Big Two', for so long, is arguably testament to the S&amp;P and Moody's understanding of these parameters  If the answer is not micromanaging, what do you think it is out of interest?"}
{"_id": "309909", "title": "", "text": "Are you allowed to have two personal current accounts with a debit card attached to each one? Yes, you may have as many current accounts you want, but you should ask why should I have more than one. It is cumbersome and time consuming to keep track of ongoing incoming credits and outgoing debits. Open to bank fraud too, if you aren't careful. If yes, can a sole trader in the UK use the second personal account for business transactions? Yes, but no payments to the business. At the end of the year you file you P11D, even if you have a business bank account. You would need to justify the expenses by keeping the bills and stuff. As it will be a personal account, you have to little more careful, not to mix personal and business expenses.  If you are allowed to use a second personal account for business transactions, then why would someone choose to open a business bank account, where you have to pay? What are the benefits? First of all no company will pay into you personal account, for any transactions, they need to pay you. They will only pay to an account registered with the business, with whom they are dealing with. Benefits are you have your business expenses sorted out in one account and personal expenses in other. Pure business expenses comes out of the business account, rather than from your personal purse, keeps the accounts smooth. No need to sort out expenses at the end of each quarter or at the end of each month."}
{"_id": "309913", "title": "", "text": "As others have pointed out your bond funds should have short durations, preferably not more than about 2 years. If you are in a bond fund for the long haul meaning you do not have to draw on your bond fund a short time after interest rates have gone up, it is not a big issue. The fund's holdings will eventually turn over into higher interest bearing paper. If bonds do go down, you might want to add more to the fund(s) (see my comment on age-specific asset allocation below). Keep in mind that some stocks are interest sensitive, for example utility stocks which are used as an income source and their dividends compete with rates on CDs which are much safer. Right now CD rates are very low. This could change. It's possible that we may be in an unusually sensitive interest rate period that might have large effects on the stock market, yet to be determined. The reason is that rates have been so low for such a long time that folks that normally would have obtained income streams from bonds have turned to dividend bearing stocks. Some believe that recent market rises are due to such people seeking dividends to enhance cash inflows. If, and emphasis on if, this is true, we could see a sharp drop in the market as sell offs occur as those who want cash streams move from stocks to ultra safe, government insured CDs. Only time will tell if this is going to play out. If retirement for you is 15+ years in the future and the market goes down (bonds or equities), good stuff - it's a buying opportunity in whatever category has dropped. Most important is to keep an eye on your asset allocation and make sure it is appropriate to your age. You did not state the percentages in each category, so further discussion is impossible on that topic. With more than 15 years to go, I personally would be heavily weighted on the equity side, mostly mid-cap and some small equity funds or ETFs in both domestic and international markets. As you age, shuffle some equities into fixed income (bonds, CDs and the like). Work up an asset allocation plan - start thinking about it now. Don't wait."}
{"_id": "309915", "title": "", "text": "&gt; Too bad most people earning under $250k a year can't do that.  For what it is worth, a top 1% income starts at about $190,000 per year. Funny that we consider even people in the top 1% to be lower class."}
{"_id": "309923", "title": "", "text": "Selling one fund and buying another will incur capital gains tax on the sale for the amount of the gain. I'm not aware of any sort of exemption available due to you moving out of the country. However, long-term capital gains for low-tax-bracket taxpayers is 0%. As long as your total income including the gains fits within the 15% regular tax bracket, you don't pay any long-term capital gains. Options for you that I see to avoid taxes are: Note that even if you do sell it all, it's only the amount of gains that would take your income over the 15% normal tax bracket that would be taxed at the long-term rate of 15%, which may not end up being that much of a tax hit. It may be worth calculating just how bad it would be based on your actual income. Also note that all I'm saying here is for US federal income taxes. The state you most recently lived in may still charge taxes if you're still considered a resident there in some fashion, and I don't know if your new home's government may try to take a cut as well."}
{"_id": "309927", "title": "", "text": "To determine the value of one's life, instead of rating happiness from 1 to 10 every day in pink ink in a secret diary, use the concept of mercantile exchange to determine the value of your existence. First, offer your time for some initial price ($10) to some investors (Bob). Then, create an order book where anyone can make a bid or ask for your time. For example, Bob creates a sell order for 10 min of your time for $20. Mary creates a buy order for 10 min of your time for $20--Bob sells 10 min of your time to Mary for $20. Based on the supply and demand for your time, you could determine the value of your existence. Obviously, your time would no longer be yours, but it's interesting to consider nontheless and precisely equivalent to the process that determines stock price. (Ignoring the minutiae of order books and IPOs.)"}
{"_id": "309928", "title": "", "text": "For an individual its not automatic. One needs to ask the Bank, return the check.   For Corporate Customer depending on how big the relationship is, many a times this is given as a service and there is an automatic return"}
{"_id": "309940", "title": "", "text": "One idea that I read among some of the many, many personal finance blogs out there is to create a niche website with good content and generate some ad revenue. The example the author gave was a website he'd made with some lessons to learn basic Spanish. Something as specific as that has a reasonable chance of becoming popular even if you never post new content (since you were looking for passive). The ad income won't be great, but it's likely to stay > 0 for a significant while."}
{"_id": "309947", "title": "", "text": "My understanding of Muslim finance is that you may not lend money at interest, including investing in in things that pay interest. However you may still make investments: it just has to be in places where you get a share of profit, rather than a fixed rate of return. You would be better asking the Muslim community specifically for more details. The benefits of compound interest apply, more or less, to other non-fixed-interest investments. If you invest $1000 in a business and get a 10% rate of return, you have $1100 to invest in your next venture, which means it will be more profitable and so on. That's why the growth happens, not specifically because it is interest. Stocks do not pay interest, and the 'magic' applies to them too. The fact that you might lose as well as win complicates things, but doesn't change the principle."}
{"_id": "309952", "title": "", "text": "Thank you very much for your reply.   I'll look more into the CFA but I have a question - does it require an undergrad degree in finance/accounting to become licensed if you pass? Obviously that's an area that I need to do more research but a great place to start based on your suggestions.   If I take it in December I'll be 5 months from my masters. In that case it makes more sense to complete the masters because quitting that close to the end really throws a lot away. I know counseling isn't specific to the field, but people skills seem to be the cornerstone of every career.   Thank you again for taking the time to respond. I feel like a small fish in a big pond. The earning potential is shiny, but I'm more interested in a career that is not as emotionally taxing and that tailors to my skill set, critical thinking, and love for evaluating/speculating/problem-solving."}
{"_id": "309958", "title": "", "text": "But it still has additional complications, kid. https://www.michigan.gov/documents/lara/MERC_Guide_2014-_rev_final_6-9-14_458557_7.pdf  And I'm sure all of those foreign auto companies choosing not to build in Michigan are also out of their depth.  Edit - And while right to work was passed 2012 it takes a while for that to weaken unions significantly. Going to a state where before their loss labor was trying to add a constitutional amendment protecting the right to collective bargaining is just asking for additional trouble down the road. https://www.theatlantic.com/business/archive/2012/12/right-to-work-wont-doom-michigans-unions-it-might-even-save-them/266160/"}
{"_id": "309969", "title": "", "text": "\"My answer is Microsoft Excel.  Google \"\"VBA for dummies\"\" (seriously) and find out if your brokerage offers an 'API'.  With a brief understanding of coding you can get a spreadsheet that is live connected to your brokers data stream.  Say you have a spreadsheet with the 1990 value of each in the first two columns (cells a1 and b1).  Maybe this formula could be the third column, it'll tell you how much to buy or sell to rebalance them.   then to iterate the rebalance, set both a2 and b2 to =C1 and drag the formula through row 25, one row for each year.  It'll probably be a little more work than that, but you get the idea.\""}
{"_id": "309976", "title": "", "text": "\"While it's not true that you have to use leverage to participate in Forex, the alternative makes it impractical for most people to be able to do so.  You need to be able to put a lot of money into it in order to not trade on leverage. The fact is, most accounts for \"\"normal\"\" people require leverage because the size of the typical contract is more than the average person can afford to risk (or usually more than the average person has). Leverage, however, in the Forex market is not like Leverage in the stock or commodities market (well, they're the same thing in theory, but they are executed differently).  In Forex, the broker is the one lending you the money in nearly all cases, and they will cash out your position when your account balance is exhausted.  Thus, there is no risk for them (barring fraud or other illegal issues).  Technically, I don't believe they guarantee that you will not accrue a debt, but I've never heard of anyone having their position cashed out and then owed more money.  They've very good about making sure you can only spend money you've deposited. To put this another way, if you have $1,000 in your account and you are leveraged to 100,000.  Once your trade drops to $1000 in losses your position is automatically cashed out.  There is no risk to the broker, and no risk to you (other than your $1000)... So trading without leverage has little value, while traiding with leverage has lots of potential gain and no downsides (other than a faster rate of loss, but if you're worried about that, just trade smaller lots.)\""}
{"_id": "309979", "title": "", "text": "\"The first red flag of your \"\"facts\"\": One of the article's sources is an Atlantic article with the title, \"\"Entrepreneurship: The Ultimate White Privilege?\"\". The article rants on and on about politically correct SJW nonsense.  Red flag 2: The Andrew J. Oswald \"\"What Makes an Entrepreneur?\"\" study that is cited to prove access to capital is a helping factor (Your daddy money argument) is from 1998. A hell of a lot has changed since then. Forbes reported a 32% jump (up to 70%) of self-made millionaires from 1982 to 2012.  Red flag 3: The article was trash, mainly used as a tool to attack \"\"white privileged males\"\". The article only said, \"\"Hey, look a study!\"\" and didn't mention any data. The only actual mention of data in the article is \"\"more than 80% of funding for new businesses comes from personal savings and friends and family.\"\" Well, yeah. That's where most businesses look for their first small investment.  Actual facts:  [60% of billionaires are self-made](https://www.entrepreneur.com/article/269593)  [70%+ percent of millionaires are self-made](http://www.thomasjstanley.com/2014/05/america-where-millionaires-are-self-made/)  Btw, thanks for the laugh. Didn't know anyone took Qz serious!\""}
{"_id": "309984", "title": "", "text": "\"Ordinarily a stock split increases all shareholders' share counts, so that there is no change in anybody's voting power.  For example, if you owned 1% of the company before the split, after the split you now have twice as many shares, but there are now twice as many shares outstanding, so you still own 1% of the company.  Also, stock splits are not ordinarily \"\"triggered\"\".  Usually they happen when the board decides that for one reason or another it's desirable to increase the number of shares in circulation, which causes the price of each share to decrease proportionally.   I'm not familiar with the show, and in particular I don't know what the action is that the character being addressed is thinking of taking, but it sounds like they are describing something akin to a \"\"poison pill\"\".  In these arrangements, the \"\"pill\"\" is triggered by some predefined condition, say a party acquiring shares in excess of a defined threshold.  What typically happens is that shareholders other than the ones who triggered the pill get a chance to buy shares at a substantial discount, thereby diluting the shares of the party that triggered it.  Because the other shareholders have to buy their additional shares, albeit at a discount, and because it applies only to certain shares, it's not really a split, but it's close enough that the writers of the show may have felt it was worth using the term that is more familiar to the public.\""}
{"_id": "309987", "title": "", "text": "Yahoo didn't know what it wanted to become, and as a turnaround CEO, if she had one job, it was to figure out what Yahoo wanted to become, establish that vision, and catalyze Yahoo's employees, investors and users around that mission. Mayer didn't even make a nominal effort to do this, she was preoccupied with details. Rearranging deck chairs. Possibly she's a good manager, but she's not much of a leader."}
{"_id": "310010", "title": "", "text": "\"&gt; In the future, if nearly every job is taken by a very advanced robot, which are even capable of maintaining themselves, humans would not just be left behind. The economy needs consumers. Instead, we would live in a world of infinite entrepreneurship, in which the means of production are nearly free for anyone, and people prosper by their ambition and drive. Everyone would own their own robots that do work on their behalf. The amount of resources available to all would be incredible, and people would be free to do things they actually want to do. The contrary of course, is a socialist \"\"utopia\"\"; a world of everyone being dependent on the government to provide them their basic income. Instead, we're looking at a free world in which every person is a capitalist in control of their own robots. &gt;   Upfront investment cost to create a contemporary business is challenging today, and this is before a firm anticipation of the cost of labour declining in developed nations.   The lack of value for one's own labour will impede investment in new capital machines; using one's employed labour to generate start up capital is key to your projection (short of inheritance) and if this market fails to empower consumers with capital demand will suffer.  Secondly, I don't see every individual, or a majority of individuals endowed with the capacities to live in an economy of small businesses.    In fact imagining that world sort of economy seems inconceivable to me.    Dividends from certain automated industries might become an economic necessity, and this structure wouldn't necessarily disrupt private enterprise; but it may if that private enterprise were to evolve into something which gains overwhelming market power or monopoly.\""}
{"_id": "310016", "title": "", "text": "To make it simple, just use gold as the main benchmark. Gold price never moves, FIAT currencies move around the price of gold.  So, when comparing US$ and Australian dollars to the gold, you know which currency is moving up and which down."}
{"_id": "310032", "title": "", "text": "I use two measures to define investment risk: What's the longest period of time over which this investment has had negative returns? What's the worst-case fall in the value of this investment (peak to trough)? I find that the former works best for long-term investments, like retirement. As a concrete example, I have most of my retirement money in equity, since the Sensex has had zero returns over as long as a decade. Since my investment time-frame is longer, equity is risk-free, by this measure. For short-term investments, like money put aside to buy a car next year, the second measure works better. For this purpose, I might choose a debt fund that isn't the safest, and has had a worst-case 8% loss over the past decade. I can afford that loss, putting in more money from my pocket to buy the car, if needed. So, I might choose this fund for this purpose, taking a slight risk to earn higher return. In any case, how much money I need for a car can only be a rough guess, so having 8% less than originally planned may turn out to be enough. Or it may turn out that the entire amount originally planned for is insufficient, in which case a further 8% shortfall may not be a big deal. These two measures I've defined are simple to explain and understand, unlike academic stuff like beta, standard deviation, information ratio or other mumbo-jumbo. And they are simple to apply to a practical problem, as I've illustrated with the two examples above. On the other hand, if someone tells me that the standard deviation of a mutual fund is 15%, I'll have no idea what that means, or how to apply that to my financial situation. All this suffers from the problem of being limited to historical data, and the future may not be like the past. But that affects any risk statistic, and you can't do better unless you have a time machine."}
{"_id": "310056", "title": "", "text": "\"The current mortgaged owner would typically not have the right to sell any portion of the house without approval from the bank. The bank doesn't \"\"own\"\" the house through the mortgage, but they do have a series of rights that, in some cases, look similar to ownership.  Remember that a mortgage is just a loan that uses a house as collateral, to reduce the risk to the lender in the event of default. If it was just a personal loan, without collateral, then there would be a much higher risk of default (and therefore the interest rate would be closer to 20% than 2%). But because the loan was taken with collateral, that collateral can't be sold without the bank's permission. If the bank allowed this to happen, then one risk would be exactly as you say - that the mortgagee stops paying the bank, and the bank no longer is able to recover the full value of the loan on selling the remaining 50% of the house owed as collateral.\""}
{"_id": "310057", "title": "", "text": "Well, you're wrong. Not paying taxes is actually a *very* American sentiment.  I do it because I have to. I don't enjoy it, and it certainly doesn't feel honorable. 95% of my taxes go to a combination of:  -Things I hate (Military, Welfare, Social Security, surveillance)  -Things I will *never* get to use (Welfare, Social Security, MedicAid)  -Things I don't want and didn't ask for (regulatory agencies, Unemployment, militarized police)  The other 5% or some other fucking miniscule quantity goes to things I want and use, but would probably still be more efficiently provided by someone else."}
{"_id": "310081", "title": "", "text": "As mbhunter said, extra payments of principal don't affect your taxes (except to the extent that you'll pay less interest, because the amount you owe interest on - the total balance/principal - is smaller).  If you want to reduce your taxes, you might pay into an IRA instead."}
{"_id": "310089", "title": "", "text": "Quite the opposite. Horton's will now have access to markets they previously never operated in and while the boards will be managed separately for the moment there is much speculation that Burger King/Tim Horton's will become a Canadian company in the near term because of the tax advantages.   If that happens, and I think it will, you can almost look at it like Tim Horton's just bought Burger King."}
{"_id": "310091", "title": "", "text": "My view is that hedge funds and high-frequency traders tend to create this correlation because they're making directional bets on individual stocks, grouped as a whole, and then share these ideas with so many other funds (who, in turn, do the same thing).  I think Beta and inflated share prices are related to this effect, but are not the cause of this effect."}
{"_id": "310093", "title": "", "text": "I'm not going to discuss speed here, because speed is just a characteristic of bandwidth for purposes of this discussion.    Bandwidth is not at all unlimited.  I'm not going to act in a pedantic fashion with you, but the idea of bandwidth almost literally dominates the data delivery model.  From the telcos, to the wireless providers, to the fixed infrastructure providers it is literally the dependent variable upon which the rest of their business is based.  It is absolutely limited, and it's valuable.  And - most importantly - *it's privately owned.*    Yet you want to take it from its owners (those owners are the shareholders of these companies, among which you are likely) and simply give away their most valuable competitive advantage because...  ...you support the right of any Tom, Dick or Harry and their business to push their information to you for free?"}
{"_id": "310099", "title": "", "text": "\"Om te beginnen, wil **Southbourne Tax Group** u te onthouden van dit specifieke citaat door Colin Wright, \"\"schuld is zowel anker en pijn. Het ons weegt en zwaartekracht pijnlijk maakt.\"\" Zou dit een goede aanvulling op uw vastberadenheid op niet toe te voegen meer schulden.  Het Southbourne team begonnen hun onderzoek over het onderwerp door het hebben van goede gesprekken met een paar financi\u00eble coaches om te weten van hun eigen uitleg van het weggaan van schuld en hun suggesties aan mensen. Elk van die deskundigen heeft goede eigenschappen en is betrouwbaar op hun vakgebied. Verrassend, sommigen van hen al dieptepunt financi\u00eble, echter hun gewijzigde financi\u00eble levensstijl en de inzet terug brengt hun persoonlijke financi\u00ebn op het juiste spoor.  De financi\u00eble coaches aan **[Southbourne groep](http://www.thesouthbournegroup.com/)** zei dat ze willen mensen inspireren en hen helpen uit schuld te krijgen door het delen van hun eigen verhalen en financi\u00eble worstelt. Opgesomd in de volgende bevat de samenvatting van het team vergaarde gegevens uit eigen onderzoek en hun discussie met die deskundigen.  **Zeer verantwoordelijk**  Altijd in controle over uw persoonlijke financi\u00ebn om te voorkomen dat schulden. Als u momenteel een goede financi\u00eble situatie en dat is goed, geen schulden hebt maar niet voorbijgaan aan het feit dat \"\"dingen niet gaan zoals gepland soms\"\". U weet het misschien niet, maar u bent al hard op uw financi\u00ebn vallen doordat er geen controle op uw uitgaven. Een budget en met alle middelen gevolgd door een sterk gedisciplineerd mentaliteit.  Leven verandert kunnen vangen u off-guard waar je niet klaar aan te passen aan deze wijzigingen. Bijvoorbeeld, werd uw partner verliezen zijn of haar baan of uw full-time werk een deeltijds werk. Met dergelijke wijzigingen, moet u ook uw financi\u00eble levensstijl aanpassen. Wees niet een zorgeloze spender en gebruikt nog steeds uw geld, zoals u deed voordat dergelijke gebeurtenissen plaatsvinden.  Als u momenteel enorme financi\u00eble problemen hebt, niet toegeven aan de gedachte van het betalen van uw oude schulden door nieuwe want het zal alleen een cyclus die geen einde heeft. Niet hard op uw financi\u00ebn vallen en verantwoording af te leggen voor elke cent die u besteedt.  **Zoeken die financi\u00eble vrijheid**  Uw definitie van financi\u00eble vrijheid zou anders dan anderen, maar simpel gezegd, Scott Young zei dat het over \"\"genoeg geld te verdienen en het opbouwen van de geestelijke discipline om te voorkomen dat geld dat u controle\"\".  Maak je niet zelf geloven in valse excuses zoals heb je de kans om de loterij te winnen en dan u al uw schulden betalen kunt. Verstrikt te raken in uw financi\u00ebn vereist een sterker op te lossen om eruit te komen. Wees niet wanhopig maar in plaats daarvan een manier vinden om uw probleem en geloven dat er altijd een oplossing voor u klaar.  **Southbourne Tax Group** stelt iedere lezer dat u moet plan en een begroting om te controleren uw uitgaven en goed kan overnemen van uw persoonlijke financi\u00ebn.  **Vergeet niet je emotionele leven**  Niet maak geld het centrum van alles. Inderdaad, je moet om uit de buurt van schulden door te werken hard en wint meer inkomen, maar op hetzelfde moment, vergeet niet je moet vormen van kameraadschap met anderen en meer prachtige herinneringen maken met uw gezin, omdat die dingen u gevoel levend maken.  **Zeg \"\"Nee\"\" tegen het idee van meer schulden**  Je bent hier omdat u krijgen uit de buurt van schulden wilde, niet te verontschuldigen meer toe te voegen. Bouw die de denkrichting van een sterker en gedisciplineerde zodat je altijd \"\"Nee\"\" schulden sinds zeggen kunt er altijd is verleidelijk kunnen meer schulden oplopen.  **Southbourne groep** zal ter afsluiting van dit artikel, laat dit citaat van Benjamin Franklin aan u als een herinnering dat het toevoegen van meer aan uw schulden niet een goede zaak is, en dus het zegt, \"\"ga liever naar bed zonder diner dan stijgen in de schuld.\"\"\""}
{"_id": "310103", "title": "", "text": "\"It's generally not possible to open a business account in the UK remotely.  It's even difficult (near impossible) for a non-resident (even if a citizen) to open a business or personal bank account while visiting the UK. A recent report says that it may be possible to open an account via Barclays Offshore in the Isle of Man.  This requires a large deposit, and probably lots of paperwork and fees (most offshore locations have stricter \"\"know your customer\"\" rules than major countries). Note that while the Isle of Man is inside the UK banking system (for sort codes, account numbers), it is a separate territory that doesn't have the same deposit guarantees as the UK. There is no legal reason why a UK company has to bank within the UK banking system, although many companies paying the company would expect it or require it, and an account in anything other than sterling would complicate the accounts. It could have an account in your home country.   It's not even a legal requirement that the company has an account in its own name at all.  Some people use a (separate) personal account for this purpose.  There are plenty of reasons why this is a bad idea (for example it's unclear who/what owns the money in the account, and can give the appearance of director's loans), but it's a work-around.  Most inbound electronic payments only require a sort code and account number, the account owner name is not checked. The UK does have a much simpler and cheaper company registry than most European countries, but the near-impossibility of opening a bank account for a business in the UK as a non-resident has made it an unsuitable place to register a small international company.\""}
{"_id": "310112", "title": "", "text": "\"The first consideration for the banking part of your portfolio is safety. In the United States that is FDIC protection, or the equivalent for a Credit Union. The second consideration is does it have the level of service you need. For this I mean the location of branches, ATMs, or its online services meet your needs for speed, accuracy, and ability to access or move the money as you need. The rest are then balanced on the extras. For your situation those extras include the ability to make free trades. For other it might be a discount on their mortgage. For others it is free checking.  In your current situation if the first two things are met, and you are using those extra benefits then don't change. For me the free trades wouldn't be a benefit, so any major degradation in the safety and service would cause me to leave. Keep in mind that free services exist to entice you to make a deposit: which they can then make money by lending it out; or they offer a free service to entice you to use a service they can charge you to use. All Free services come with a cost. I earned a completely paltry $3.33 YTD over the last 9 months on my   savings at my bank presumably in exchange for these \"\"free\"\" trades. Without knowing how much you had deposited in your savings account there is no way to know how much you could have made at the bank across the street. But with the low rates of the last decade there is not big money to be made off the emergency savings of a typical american family.\""}
{"_id": "310120", "title": "", "text": "You probably won't get a mortgage. UDSA has a 41% ratio of monthly debt to monthly income limit, and a score of 660 or better. A 250,000 mortgage at current rates for 30 year mortgage is about $1560/mo. (included in this figure is the 1% mortgage insurance premium, the .4% annual fee, the current rate for a 660 credit rating, the 2% points fee added at the front of the mortgage, typical closing cost added to transaction, and the .5% fee for over-mortgage insurance for the first 3 years since your mortgage will be higher than the value of the house due to these additional fees) Credit card payments = $120 ($60 times 2) Car payments = $542 ($271 for your car, $271 for the car you will be getting) Student loan = $50/month Child Support = $500/month Total = $2772/month Your income per month is 82000/12 = $6833/month $2772/$6833 = 40.6%...  This is awfully close to the limit, so they likely would also look at your ability to save.  Not seeing savings in the above example, I assume it is low.  USDA site One mortgage help site breaks down some of the requirements into layman's language. Not knowing your exact location (county/state) and how many children you have, it is hard to be sure whether you make too much to qualify.  This link shows the income limits by number of people in the house and the county/state.  There are few places in which you could be living that would qualify you to any of their programs unless you have a several children. As others have posted, I suggest you get your debt down."}
{"_id": "310136", "title": "", "text": "California is very aggressive about enforcing LLC franchise taxes.  The only correction I'd make to Kekito's answer is that the fee is $800 minimum or some percentage of the LLC's total business volume in the state.  What's killer about it is that the tax is dependent not on what your LLC's profit is, but what its revenues are!  Here's a good link explaining how the tax is calculated: California LLC Franchise Tax Rates Be very careful about making sure you comply with every dot in the California codes or else you really won't like what happens.  It's one of the reasons so many companies avoid locating operations in California if at all possible. I hope this helps. Good luck!"}
{"_id": "310151", "title": "", "text": "Not really in corporate finance, but I can see this being use to academics if it's good. As you mention, professionals usually have access to Bloomberg terminals and other data tools which kind of obsolete a third party project. Academics, on the other hand, are often lacking access to those kinds of resources."}
{"_id": "310159", "title": "", "text": "New Mortgage Rules - Special report!  Please read in full and share this with your friends and family today!  You will now qualify for significantly less: -A family with $65,000 in income and no dept with 5% down could previously buy a home for about $525,000 -Now they can only spend about $410,000  READ FULL ARTICLE HERE: http://ownyourlife.ca/mortgages-marketing/new-mortgage-rules-special-report.html"}
{"_id": "310178", "title": "", "text": "This isn't news really.  Perhaps an honest admission from an executive is a step forward, sure, but we all knew the banks were doing this.  It's one of those things where the sound of an honest admission is nice, but we're not more informed as a result."}
{"_id": "310179", "title": "", "text": "the biggest issue with a pure physical dividend is the cost of transfer. Cash or stock dividends are decentralized **and** easy to transfer ownership, hence the majority of value can be transferred to the shareholder.   If you were to deliver wine to every shareholder, you would have to deduct the cost of transport from the value of the wine dividend, otherwise it becomes value-reductive to shareholders and they'd be better off keeping the dividend as stock value."}
{"_id": "310190", "title": "", "text": "If treaties are involved for something other than exempting student wages on campus, you shouldn't do it yourself but talk to a licensed US tax adviser (EA/CPA licensed in your state) who's well-versed in the specific treaty. Double taxation provisions generally mean that you can credit the foreign tax paid to your US tax liability, but in the US you can do that regardless of treaties (some countries don't allow that). Also, if you're a US tax resident (or even worse - a US citizen), the royalties related treaty provision might not even apply to you at all (see the savings clause). FICA taxes are generally not part of the income tax treaties but totalization agreements (social security-related taxes, not income taxes). Most countries who have income tax treaties with the US - don't have social security totalization agreements. Bottom line - talk to a licensed professional."}
{"_id": "310192", "title": "", "text": "What the fuck is he doing?  We released held up funds in exchange for this deal.  You can't just get that back from Iran.  If we revoke the deal, they just get to keep the cash, and not hold their end of the bargain.    How is this completely incompetent turd still sitting in the Oval Office?"}
{"_id": "310207", "title": "", "text": "Looks like you have three options: Outside of this you might need to look for a different type of account. Hope that helps."}
{"_id": "310215", "title": "", "text": "It just amazes me that they haven't already. I know people who work at big banks that do nothing but run spreadsheets and analyze the balance boxes all day. The only reason they haven't been automated yet is because their tech guys produce more value working on trading algorithms."}
{"_id": "310218", "title": "", "text": "\"If the stock market dropped 30%-40% next month, providing you with a rare opportunity to buy stocks at a deep discount, wouldn't you want to have some of your assets in investments other than stocks? If you don't otherwise have piles of new cash to throw into the market when it significantly tanks, then having some of your portfolio invested elsewhere will enable you to back up the proverbial truck and load up on more stocks while they are on sale. I'm not advocating active market timing. Rather, the way that long-term investors capitalize on such opportunities is by choosing a portfolio asset allocation that includes some percentage of safer assets (e.g. cash, short term bonds, etc.), permitting the investor to rebalance the portfolio periodically back to target allocations (e.g. 80% stocks, 20% bonds.) When rebalancing would have you buy stocks, it's usually because they are on sale. Similarly, when rebalancing would have you sell stocks, it's usually because they are overpriced. So, don't consider \"\"safer investments\"\" strictly as a way to reduce your risk. Rather, they can give you the means to take advantage of market drops, rather than just riding it out when you are already 100% invested in stocks. I could say a lot more about diversification and risk reduction, but there are plenty of other great questions on the site that you can look through instead.\""}
{"_id": "310241", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://money.cnn.com/2017/09/06/investing/wells-fargo-trump-deregulation/index.html) reduced by 87%. (I'm a bot) ***** &gt; Now, instead of talking about hearings on bank deregulation, Congressional Republicans are under pressure to hold another round of hearings on Wells Fargo.  &gt; Still, Waters promised to introduce legislation to &amp;quot;Break up banks like Wells Fargo that repeatedly engage in consumer abuses, so that they can never harm consumers again.\"\"  &gt; Without naming Wells Fargo specifically, Federal Reserve chief Janet Yellen spoke recently about pushing back on financial deregulation by reminding the audience the global financial crisis began just a decade ago.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ygzv5/wells_fargo_scandals_are_sabotaging_trumps/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~205375 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Wells**^#1 **Fargo**^#2 **bank**^#3 **Financial**^#4 **scandal**^#5\""}
{"_id": "310250", "title": "", "text": "Legal tender laws and capital gains tax mean that other commodities are at an unfair legal disadvantage to local fiat currency.  In other words, governments are using taxes and regulations to manipulate the market and create artificial demand for the currency their central bank has a monopoly on the creation of."}
{"_id": "310263", "title": "", "text": "Yea but it costs a lot to import cars and parts from overseas   The U.S. is still a massive manufacturer, we manufacture almost as much as China here. In fact China only passed us a few years ago in some measures, and we still lead in others"}
{"_id": "310282", "title": "", "text": "Actually, in Germany people still go and buy books in stores.  Small stores, too.  They have nice and educated people there.  It's a pleasure going there, and you get the book there next day when you are in town again anyway.  The best kind of old fashioned I have met yet."}
{"_id": "310284", "title": "", "text": "\"An old question... but the recent answer for me turned out to be Check (formerly Pageonce) https://check.me/ (NOTE: Check was recently purchased by Intuit and is now MintBills) The only thing Check doesn't do that PayTrust did was accept paper bills from payees that couldn't do eBill... but that's a rare problem anymore (for me anyways).  I went through each of my payees in PayTrust and added them into Check, it found almost all of them... I added my security info for their logins, and it was setup. The few that Check couldn't find, it asked me for the details and would contact them to try and get it setup... but in the meantime I just added them to my bank's billpay system with automatic payment rules (my mortgage company was the only one it couldn't find, and I know what my mortgage is every month so it's easy to setup a consistent rule) Check does so much more than PayTrust will ever do... Check has a MOBILE APP, and it is really the centerpiece of the whole system... you never really log into the website from your desktop (except to setup all the payees)... most of the time you just get alerts on your phone when a bill is due and you just click \"\"pay\"\" and choose a funding source, and bam you're done. It's been awesome so far... I highly recommend dumping PayTrust for it! FYI:  Check is clearly winning at this point, but some of the competition are  are http://manilla.com (not sure if you can pay your bills through them though) and DoxoPay ( https://www.doxo.com/posts/pay-your-bills-on-the-go-with-mobile-doxopay-new-android-app-and-an-updated-iphone-app/ )\""}
{"_id": "310320", "title": "", "text": "\"1. The Great Pyramids, The Great Sphinx, El Giza, and Cairo photographed from the International Space Station by an astronaut orbiting 337.064 kilometers (209.442 miles or 182 nautical miles) above Egypt (latitude 30.6, longitude 31.3) on 24 January 2010 at 08:09:12 GMT: [800 x 533 pixels](http://chamorrobible.org/images/photos/gpw-20040823-NASA-ISS022-E-36022-Earth-from-space-El-Giza-Great-Pyramids-Cairo-Egypt-20100124.jpg), [2000 x 1332 pixels](http://chamorrobible.org/images/photos/gpw-20040823-NASA-ISS022-E-36022-Earth-from-space-El-Giza-Great-Pyramids-Cairo-Egypt-20100124-other.jpg), [3002 x 2000 pixels](http://chamorrobible.org/images/photos/gpw-20040823-NASA-ISS022-E-36022-Earth-from-space-El-Giza-Great-Pyramids-Cairo-Egypt-20100124-medium.jpg), [4502 x 3000 pixels](http://chamorrobible.org/images/photos/gpw-20040823-NASA-ISS022-E-36022-Earth-from-space-El-Giza-Great-Pyramids-Cairo-Egypt-20100124-large.jpg), [6048 x 4030 pixels](http://chamorrobible.org/images/photos/gpw-20040823-NASA-ISS022-E-36022-Earth-from-space-El-Giza-Great-Pyramids-Cairo-Egypt-20100124-huge.jpg)      Source + More Photos: #12 at http://chamorrobible.org/gpw/gpw-20040823.htm  2. \"\"The Vanishing Nile: A Great River Faces a Multitude of Threats\"\" by Richard Conniff, published on 6 April 2017: http://e360.yale.edu/features/vanishing-nile-a-great-river-faces-a-multitude-of-threats-egypt-dam   3. The Nile River photographed from the International Space Station (ISS) \"\"at night,\"\" says Roscosmos Cosmonaut Sergey Nikolayevich Ryazansky on 15 September 2017: https://pbs.twimg.com/media/DJy4YzDWsAAVpyE.jpg:large      Source: https://twitter.com/SergeyISS/status/908803985859072000   4. \"\"Existing only from the Nile, Egypt fears disaster from a dam\"\" by Maggie Michael, published on 2 October 2017: https://apnews.com/046e3b91cd394690a685761c3da6f2ed/Existing-only-from-the-Nile,-Egypt-fears-disaster-from-a-dam          Larger photos: https://www.seattletimes.com/nation-world/existing-only-from-the-nile-egypt-fears-disaster-from-a-dam\""}
{"_id": "310325", "title": "", "text": "I find the higher estimates a bit unbelievable. A big part of my job is liability valuation and small assumption changes can have a huge impact on results.  They may be right (future) dollar value wise but the proper way to think about this stuff is in present value terms.  This could actually be a really interesting study - you all just gave me a great idea for a potential masters thesis :)"}
{"_id": "310326", "title": "", "text": "\"The short answer is that the exchange of the stock in exchange for the elimination of a debt is a taxable exchange, and gains or losses are possible for the stock investor as well as the bank.   The somewhat longer answer is best summarized as noting that banks don't usually accept stocks as collateral, mostly because stock values are volatile and most banks are not equipped to monitor the risk involved but it is very much part of the business of stock brokers.   In the USA, as a practical matter I only know of stock brokerages offering loans against stock as part of the standard services of a \"\"margin account\"\". You can get a margin account at any US stock broker. The stockholder can deposit their shares in the margin account and then borrow around 50% of the value, though that is a bit much to borrow and a lower amount would be safer from sudden demands for repayment in the form of margin calls. In a brokerage account I can not imagine a need to repay a margin loan if the stocks dividends plus capital appreciation rises in value faster than the margin loan rate creates interest charges...  Trouble begins as the stock value goes down.  When the value of the loan exceeds a certain percentage of the stock value, which can depend on the stock and the broker's policy but is also subject to federal rules like Regulation T, the broker can call in the loan and/or take initiative to sell the stock to repay the loan.   Notice that this may result in a capital gain or loss, depending on the investor's tax basis which is usually the original cost of the stock.  Of course, this sale affects the taxes of the investor irregardless of who gets the money.\""}
{"_id": "310336", "title": "", "text": "https://www.reddit.com/r/nba/comments/76kfob/comment/dogaxph?st=J8UIVZS9&amp;sh=dc05f8f9  Read the entire argument with me and that guy, he really thinks prices won\u2019t increase if tipping is eliminated. He even says \u201cit is impossible to guess\u201d that prices would increase.  There are a ton of people in this thread who are oblivious to the obvious increase in price that would happen if tipping stopped, and most of those comments are heavily upvoted."}
{"_id": "310361", "title": "", "text": "It has to do with return. I don't know if Canada has a matching feature on retirement accounts, but in the US many companies will match the first X% you put in. So for me, my first $5000 or so is matched 100%. I'll take that match over paying down any debt. Beyond that, of course it's a simple matter of rate of return. Why save in the bank at 2% when you owe at 10-18%?  One can make this as simple or convoluted as they like. My mortgage is a tax deduction so my 5% mortgage costs me 3.6%. I've continued to invest rather than pay the mortgage too early, as my retirement account is with pre-tax dollars. So $72 will put $100 in that account. Even in this last decade, bad as it was, I got more than 3.6% return."}
{"_id": "310372", "title": "", "text": "Lmao dude I'm not going to give any specifics on Reddit, how dumb are you? But I work in infrastructure / P&amp;U, currently working on a ~$2.5bn infra deal so can't complain. I really have nothing to prove to a college kid with a bruised ego that probably wont make it into IB and has a long career of insurance sales ahead of them. Best of luck :)"}
{"_id": "310378", "title": "", "text": "Estonia is one of the few countries where you can purchase silver tax-free. You may wish to hedge your risk by investing a percentage of your Estonian currency into this tangible asset. Silver can be stored securely at a place of your choosing rather than in a financial institution. Plus you can purchase a small amount with only minor transaction costs."}
{"_id": "310414", "title": "", "text": "\"So frustrating and it seems the higher you go up the org chart the worse the disrespect is.  I was doing some IT consulting for an Architecture and Engineering firm once.  While in a meeting with the COO and CFO, I suggested collecting information from the Engineering staff.  The CFO responded, \"\"Don't bother - engineers are great with numbers until you put dollar signs in front of them and then they turn into idiots.\"\"  I was absolutely shocked that he would have so little respect for the technical professionals that generate the intellectual property of his business.  Meanwhile, he's signing every invoice I handed them without even reading them! I should have charged them more! ;-)I\""}
{"_id": "310433", "title": "", "text": "I am a bit unsure of why the interest rate is relevant.  Are you intending on borrowing the money to go to school?  If you cannot pay cash, then it is very likely a bad idea.  Many people are overcome by events when seeking higher education and such a loan on a such a salary could devastate you financially.   So I find the cost of the program as a total of 76.6K counting a loss in salary during the program and the first year grant.  That is a lot of money, do you intend to borrow that much?  Especially when you consider that your salary, after you graduate, will be about equal to where you are now.  For that reason I am leaning toward a no, even if you had the cash in hand to do so.   There is nothing to say that you will enjoy teaching.  Furthermore teaching in low income school is more challenging.   All that said, is there a way you can raise your income without going back to school?  Washington state can be a very expensive place to live and is one of the reason why I left.  I am a WWU alumni (Go Vikings!).  Could you cash flow a part time program instead? I would give this a sound no, YMMV."}
{"_id": "310456", "title": "", "text": "You don't understand government financing at all.  Gov'ts earn revenue, aka, taxes.  They also spend money.  The different between the money they spend and they money they earn is the deficit.  If you run a deficit for a long period of time, you incur a very large national debt.  Now, you can finance (aka, pay for) a deficit by borrowing money.  This means you can sell bonds, and instead of pay off the debt each year, you just pay the interest.  If your spending balloons out of control, your the likely hood of you paying your debt decreases.  If you are very unlikely to payback your debt, people won't buy any more of your bonds, and you no longer have the income (from borrowing) to pay off your interest from other debt you owe, or what ever other obligations you own (think mortgage payments, or teachers salaries, etc).  Here's were Europe and USA differ: European nations can't just print money.  They can issue more debt, but they can't just create more euros.  IF you can print money, you can pay off your debt with money you literally created out of thin air (at the expense of your people, this is called inflation).  But this is a form of cheating, eventually people won't trust you, and won't buy your debt either.  So where do the banks come in?  if the government is SOUND and the banks are NOT, the government can backstop the banks.  This is what the US and UK did.  Greece, Spain, Ireland all had to back stop their banks also.  However, Greece, Spain, and Irelany ( and Italy, and Portugal) also have   1)  A lot of debt  2)  Structurally high deficits  3)  Extremely high borrowing costs (high interest rates...because people don't trust them...because...)  4)  Weak underlying economies  The fourth point gets you in real trouble.  if you have high entitlements, lots of poeple out of work, who the hell is paying taxes and what are they going to?  You have no revenue!  Remember, a govt works just like a household.  It is easy for a good household to support one member, but it is difficult for a member to support an irresponsible household."}
{"_id": "310472", "title": "", "text": "See, here you have created a \u201cblanket narrative\u201d that is your explanation of what is going on, that provides no details of the actual process, which means resolving the issue is impossible.  Then you toss an Link and claim it represents every other part of the system.  This is labeling in the extreme, and obfuscates the issue, while trying to get me to accept your narrative.  So I have to dig past your veil to the real information every time.  And I\u2019m not understanding your point on that link.  The EPA is having their budget cut, and Trump proposed to cut it in half, and so the EPA will be laying off tons of employees, and will also have a harder time getting their air standards guidance out in a reasonable time.  Who is the attacker on special interested her?  Trump?  He\u2019s the only specifically mentioned voice on the cuts., and who are the special interest groups going after them?  I don\u2019t see what retaliation is occurring here."}
{"_id": "310476", "title": "", "text": "The Bible of fundamental analysis was written by Graham and Dodd, and is titled Security Analysis. If you don't know the name Benjamin Graham, Warren Buffet was his student and attribute his own success to Graham.  If Security Analysis is a bit too intense for you, Graham also wrote The Intelligent Investor which is probably a better starting point."}
{"_id": "310488", "title": "", "text": "\"Not normally, for a limited liability company anyway. In extreme circumstances a court may \"\"lift the veil\"\" of incorporation and treat shareholders as if they were partners. If you are an office bearer or a director that is found to have breached duties/responsibiities then that is another matter. Dim views can be taken of shonky arrangents for companies formed for activites not of a bona fide business nature too.\""}
{"_id": "310489", "title": "", "text": "There has been a lot discussion on Iceland as the model response to a financial crisis over at [Market-Ticker](http://market-ticker.org/)/[Tickerforum](http://tickerforum.org/).  Just search the search box for Iceland.  What would be even more constructive would be to do a three-way comparison between the US handling of the Savings &amp; Loan crisis in the 80s, Iceland's handling of the current crisis, and the US handling of the current crisis.  [William/Bill Black](http://en.wikipedia.org/wiki/William_K._Black) has had a lot to say on that lately, search Reddit or Google Plus for his name for starters, there are some videos floating around of him doing talks at OWS-LA, among other places.  I'm almost certain that US handling of the S&amp;L crisis was very similar to Iceland's, and resulted in short-term pain but long-term stability and return to growth.  Whereas the current US response is going to result in long-term pain for everyone except the perps."}
{"_id": "310505", "title": "", "text": "You have decided to get a break from work and enjoy a nice holiday by yourself or with your family. Unless it is a fitness retreat you're going to, there's a serious danger of sacrificing your exercise program, which can in turn scratch off any progress you have made. If you do not want to erase a month's' worth of exercise progress, it\u2019s best to stay on top of your game. It is not that hard to prevent any such difficulty by planning for work out during your holiday."}
{"_id": "310521", "title": "", "text": "While in the UK and travelling to Europe, I heard of the FairFX euro card from the website Money Supermarket (affiliate link which waives the sign-up fee). The link also includes many other alternative prepaid euro cards which may be better suited for your uses.  The FairFX card is available in both GBP and EUR, and both products come with chip and pin. They also charge relatively little as compared to most bank cards (no currency conversion on use, $2~ withdrawal charges from ATM).  I generally had a good experience with this card, and was able to purchase items both in person as well as online using it."}
{"_id": "310543", "title": "", "text": "So what you're saying is if government didn't steal everyone's money to buy something then we woukdn't have it at all? Have you ever been outside your house? And I don't know where the hell you live but I have to pay for my own internet, had to pay to get the lines put in too."}
{"_id": "310548", "title": "", "text": "So looking for something in my history to attack. Your arguments must be strong! So strong! I am intimidated by your towering superiority. LOL. Getting personal are we? What happened to the superior intellect? The problem with morons like you is they think everyone else is a moron too, and being a self aware moron somehow gives them insight. But at the end of the day, nope, just a moron."}
{"_id": "310559", "title": "", "text": "TBH I been with Wells Fargo since I was 17. It was my very first account and I still use it till this day. It's one of my only checking account. I never had a single problems with them. No fees or anything.  It just sucks to hear a lot of people are having problems with WF.  I guess I am lucky one who never had a problem with them."}
{"_id": "310573", "title": "", "text": "Having a flimsy, 9 digit number with no validation that you didn't opt out of yet, did you? Because you can, just ask the Aumish. If you think a national ID would be the start of the government knowing everything you do, you're sorely mistaken. The TSA already knows where you've flown. The IRS knows where you live and have lived. Oh, and your iPhone/ Android knows everywhere you've ever been since you first bought it, which is readily available via subpoena. Whatever it is, your privacy was just violated far worse because of the lack of proper, nationally recognized, ID."}
{"_id": "310578", "title": "", "text": "I was never trying to prove that negative returns are good. They are devastating for HF, much more than for long only houses (in a downmarket).   My issue is people on Reddit comparing HF performance to S&amp;P. The article talks about the comparison as well."}
{"_id": "310601", "title": "", "text": "Not really. You can have two bonds that have identical duration but vastly different convexity.   Pensions and insurance portfolio managers are most common buyers as they're trying to deal with liability matching and high convexity allows them to create a barbell around their projected liabilities."}
{"_id": "310612", "title": "", "text": "\"You should probably have a tax professional help you with that (generally advisable when doing corporation returns, even if its a small S corp with a single shareholder). Some of it may be deductible, depending on the tax-exemption status of the recipients. Some may be deductible as business expenses. To address Chris's comment: Generally you can deduct as a business on your 1120S anything that is necessary and ordinary for your business. Charitable deductions flow through to your personal 1040, so Colin's reference to pub 526 is the right place to look at (if it was a C-corp, it might be different).  Advertisement costs is a necessary and ordinary expense for any business, but you need to look at the essence of the transaction. Did you expect the sponsorship to provide you any new clients? Did you anticipate additional exposure to the potential customers? Was the investment (80 hours of your work) similar to the costs of paid advertisement for the same audience? If so - it is probably a business expense. While you can't deduct the time on its own, you can deduct the salary you paid yourself for working on this, materials, attributed depreciation, etc. If you can't justify it as advertisement, then its a donation, and then you cannot deduct it (because you did receive something in return). It might not be allowed as a business expense, and you might be required to consider it as \"\"personal use\"\", i.e.: salary.\""}
{"_id": "310614", "title": "", "text": "There are various indexes on the stock market that track the currencies.  Though it is different than Forex (probably less leverage), you may be able to get the effects you're looking for.  I don't have a lot of knowledge in this area, but looked some into FXE, to trade the Euro debt crisis.  Here's an article on Forex, putting FXE down (obviously a biased view, but perhaps will give you a starting point for comparison, should you want to trade something specific, like the current euro/dollar situation)."}
{"_id": "310629", "title": "", "text": "Different bonds (and securitized mortgages are bonds) that have similar average lives tend to have similar yields (or at least trade at predictable yield spreads from one another). So, why does a 30 year mortgage not trade in lock-step with 30-year Treasuries? First a little introduction: Mortgages are pooled together into bundles and securitized by the Federal Agencies: Fannie Mae, Freddie Mac, and Ginnie Mae. Investors make assumptions about the prepayments expected for the mortgages in those pools. As explained below: those assumptions show that mortgages tend to have an average life similar to 10-year Treasury Notes.  100% PSA, a so-called average rate of prepayment, means that the prepayment increases linearly from 0% to 6% over the first 30 months of the mortgage. After the first 30 months, mortgages are assumed to prepay at 6% per year. This assumption comes from the fact that people are relatively unlikely to prepay their mortgage in the first 2 1/2 years of the mortgage's life. See the graph below.  The faster the repayments the shorter the average life of the mortgage. With 150% PSA a mortgage has an average life of nine years. On average your investment will be returned within 9 years. Some of it will be returned earlier, and some of it later. This return of interest and principal is shown in the graph below:  The typical investor in a mortgage receives 100% of this investment back within approximately 10 years, therefore mortgages trade in step with 10 year Treasury Notes. Average life is defined here: The length of time the principal of a debt issue is expected to be   outstanding. Average life is an average period before a debt is repaid   through amortization or sinking fund payments. To calculate the   average life, multiply the date of each payment (expressed as a   fraction of years or months) by the percentage of total principal that   has been paid by that date, summing the results and dividing by the   total issue size."}
{"_id": "310636", "title": "", "text": "You can*, if the market is open, in a normal trading phase (no auction phase), works, and there is an existing bid or offer on the product you want to trade, at the time the market learns of your order. Keep in mind there are 2 prices: bid and offer. If the current bid and current offer were the same, it would immediately result in a trade, and thus the bid and offer are no longer the same. Market Makers are paid / given lower fees in order to maintain buy and sell prices (called quotes) at most times. These conditions are usually all true, but commonly fail for these reasons: Most markets have an order type of market order that says buy/sell at any price. There are still sanity checks put in place on the price, with the exact rules for valid prices depending on the stock, so unless it's a penny stock you won't suddenly pay ten times a stock's value. *The amount you can buy sell is limited by the quantity that exists on the bid and offer. If there is a bid or offer, the quantity is always at least 1."}
{"_id": "310639", "title": "", "text": "For local retailers you will need to visit the store. For national retail chains you will need to get in contact with their purchasing departments. Either way, have a solid product with a good presentation. A lot of cold calls and sales presentations are ahead of you so master your elevator pitch as well as your 10-15 minute presentation. Best of luck to you!"}
{"_id": "310669", "title": "", "text": "Ci sono molte forme di energia rinnovabile. La maggior parte di queste energie rinnovabili dipende in un modo o nell'altro dalla luce solare. Il vento e la potenza idroelettrica sono il risultato diretto del riscaldamento differenziale della superficie terrestre che porta all'aria in movimento (vento) e formazione di precipitazioni quando l'aria viene sollevata. Energia Rinnovabile solare \u00e8 la conversione diretta della luce solare utilizzando pannelli o collettori. L'energia di biomassa \u00e8 immagazzinato nella luce solare contenuta nelle piante."}
{"_id": "310683", "title": "", "text": "It depends on what your investment goals are.  Are you investing for the short-term or the long-term?  What was your reason for investing in these stocks in the first place?  Timing short-term fluctuations in the market is very difficult, so if that's your goal, I wouldn't count on being able to sell and buy back in at exactly the right time.  Rather, I think you should think about what your investment rationale was in the first place, and whether or not that rationale still holds.  If it does, then hold on to the stocks.  If it doesn't, then sell."}
{"_id": "310714", "title": "", "text": "\"Yes if and only if you properly use P/Y and C/Y.   For your familiarity, I recommend also trying it with I = 7.56% / 12, and P/Y and C/Y = 1.  I like to think of P/Y and C/Y as \"\"per period\"\" and prefer to divide the interest rate by the number of periods per year, but so long as you keep everything coherent in the solver, you will get the correct answer with both approaches.\""}
{"_id": "310715", "title": "", "text": "&gt;You are being extremely aggressive and I don't understand why, I've been pretty level headed.  Sorry, this topic is probably my biggest pet peeve in US tax policy, and I have a strong distaste for our government's tax treatment, greed and arrogance.  &gt;If our rate is the highest, but we still collect less than the average, tell me how these large corporations are being effectively taxed at the highest rate in the developed world? What am I missing?  Okay, let's take two companies with equal profits. One company is an MLP and pays zero corporate taxes, one company pays 40% taxes on profits. The average effective tax rate will be 20%, and one company will end up paying around the highest rate in the world.  I will post my source again.  http://www.nytimes.com/interactive/2013/05/25/sunday-review/corporate-taxes.html  Anyway, I think we should be doing our best to incentivize corporate formation by lowering corporate taxes to zero and moving the incidence of taxation directly to capital."}
{"_id": "310732", "title": "", "text": "He can fight it all he wants.  The only thing he's doing is sealing his companies fate.  It'll end up like Allen Edmonds, almost out of business and needing a new CEO.  Good riddance to his overpriced shoes, I'm sure those knockoffs he's afraid of will continue to be sold on Amazon."}
{"_id": "310743", "title": "", "text": "\"Presumably the existing house has some value. If you demolish the existing house, you are destroying that value. If the value of the new house is significantly more than the value of the old house, like if you're talking about replacing a small, run-down old house worth $50,000 with a big new mansion worth $10,000,000, then the value of the old house that is destroyed might just get lost in the rounding errors for all practical purposes. But otherwise, I don't see how you would do this without bringing cash to the table basically equal to what you still owe on the old house. Presumably the new house is worth more than the old, so the value of the property when you're done will be more than it was before. But will the value of the property be more than the old mortgage plus the new mortgage? Unless the old mortgage was almost paid off, or you bring a bunch of cash, the answer is almost certainly \"\"no\"\". Note that from the lienholder's point of view, you are not \"\"temporarily\"\" reducing the value of the property. You are permanently reducing it. The bank that makes the new loan will have a lien on the new house. I don't know what the law says about this, but you would have to either, (a) deliberately destroy property that someone else has a lien on while giving them no compensation, or (b) give two banks a lien on the same property. I wouldn't think either option would be legal.  Normally when people tear down a building to put up a new building, it's because the value of the old building is so low as to be negligible compared to the value of the new building. Either the old building is run-down and getting it into decent shape would cost more than tearing it down and putting up a new building, or at least there is some benefit -- real or perceived -- to the new building that makes this worth it.\""}
{"_id": "310748", "title": "", "text": "Be aware that ATM withdrawals often generate hidden fees, which are not obviously declared. Many banks operate e.g. with a currency exchange fee, giving you an exchange rate some 1-2% lower than actually applicable. If you withdraw larger amounts, such a currency exchange fee easily adds up to what you would have paid for a wire transfer, where you would get a better exchange rate. Although it's probably much hassle for you to change banks, another option may be to find a bank which operates both in France and the US. Banks with different national branches often offer cheap and fast wire transfers between same-bank accounts in different countries. E.g. Citibank used to offer such services, but I am not sure if they still serve private customers in France."}
{"_id": "310752", "title": "", "text": "Yes E[x] is expected value of x. E[x|y] = expected value of x, given y. c, k are some constants Let E[s_{n+1}|s_n=c] = c, but if  E[s_{n+1}|s_n,s_{n-1},...,s_{n-m}] ->some constant k as m->\\infty (call this equation 1) then rebalancing makes sense. Notes:"}
{"_id": "310758", "title": "", "text": "Here is the FDA Notice - Impossible Foods chose not to go down the rest of the GRAS path.  I have no evidence that it is not safe, but there is also not much evidence that it is any more safe than say trans-fat for instance.  https://www.fda.gov/Food/IngredientsPackagingLabeling/GRAS/NoticeInventory/ucm489241.htm"}
{"_id": "310769", "title": "", "text": "I'd talk to a solicitor and see if you can structure the purchase in a way that breaks the property into three pieces. One would be the freehold of the whole building, one would be a long lease on the downstairs part (on which you would get a residential mortgage) and one would be a long lease on the upstairs flat (on which you would get a buy-to-let mortgage). Since there's essentially no price premium for freehold as opposed to long lease, you should be able to raise enough money from the two mortgages to fund the purchase."}
{"_id": "310780", "title": "", "text": "\"I'm an American so I don't claim to know anything about Scottish tax law. But just based on what you say above: First, think about how it would work if there were no taxes. If you make a payment against the mortgage, you save 5% in interest. If you put money into a retirement account, you make whatever the profits are on the investment. If that amount comes to more than 5%, then you are better of investing in the retirement account. If it's less than 5%, you are better off paying off the mortgage. As most investments pay significantly better than 5%, this is the superior strategy. On the other hand, apparently you are paying a variable-rate mortgage, but still, mortgage rates are relatively stable. Investment returns vary all over the place and can be negative. So if you are very cautious, that's a reason to pay off the mortgage rather than invest. The younger you are, the less of a concern this should be, as in the long term, investments pretty much always recover lost ground. If you were planning to retire next year I'd have very different advice than if you are planning to retire in 30 years. But sadly, you do have to pay taxes, and that needs to be factored in. So you say that you would have to pay 25% dividend tax on any money you used to pay the mortgage. But the effective tax rate on the retirement money is 15%. So in effect money put against the mortgage pays a 25% tax, and so effectively generates only 5% * .75 = 3.75%. But money invested in the retirement plan pays only 15% tax, and so if the investment returns 3.75% / .85 = 4.4% it would give the same effective return. So if you can invest in something that gives returns of at least 4.4% per year, you're better off putting into the retirement plan than paying off the mortgage. There may be other Scottish tax implications I don't know about. As to \"\"Substantially less paperwork\"\", I have no idea how much paperwork is involved in putting money into a retirement account in Scotland. Here in the U.S., you basically call a financial management company of one sort or another and say \"\"hey, I want to open a retirement account with your company\"\", and they'll prepare most of the forms for you and you just sign them. It could be done with half an hour of your time. Of course the more you research different investment options, etc, the more time it will take. \"\"More flexible e.g. if I want to retire early\"\" If there are restrictions on when you can withdraw money from a retirement account and receive that 25% freebie you mentioned, yes, this could be a factor. Again, I don't know Scottish tax law, there may be other considerations. Here in the U.S., there's a 10% tax penalty if you withdraw money from a retirement account before the legal retirement age. Realistically that's a minor issue, if you have money in there for several years the tax benefits will be more than 10%. But yeah, it would be stupid to put money in in December and then take it out the following January and have to pay the 10% penalty. \"\"Doesn't incur the risk that the government will change the pension rules between now and when I retire\"\" Maybe. But then laws might change in your favor, too. And as you indicated that your mortgage interest rate could change, there could be risk on that side too. That all comes down to what you think the risks are all around.\""}
{"_id": "310790", "title": "", "text": "The article states their reasons pretty clearly, and indicates that some people won't qualify under the new requirements that would have previously, they're not courting people with bad credit, they're just looking beyond credit score at other factors. They aren't opening floodgates for anyone with a pulse to get a car loan, just shifting things a bit to cast a slightly wider net. This is not new in the world of secured debt, the FHA has methodology for establishing a non-traditional credit report based on things like rental history, utility payments, auto-insurance payments, a person can't be declined an FHA loan for lack for lack of traditional credit history. I look beyond credit score as a landlord, a tenant with poor credit but a stellar rental history is more appealing than someone with great credit but a bad rental history. Vehicles and housing are very important to people, so they are likely to prioritize them above credit card payments or hospital bills. Time will tell, but it seems like a solid move in my view, they can refine their model over time and likely find a solid customer base among those who wouldn't qualify on credit score alone."}
{"_id": "310793", "title": "", "text": "Honestly, probably just banks and it's not that they deserve it, more that it's in the public interest. I dunno, I don't think is has to be a slippery slope. I think that's why we need higher penalties, to keep us out of this scenario in the first place."}
{"_id": "310800", "title": "", "text": "That has little or nothing to do with it.  Workers don't matter enough to have policies actually crafted against them.  Rather, policies are crafted without a thought towards workers.  Once the robots get truly cheaper, in a Total-Cost-of-Ownership sense, workers will be replaced regardless of how well they do or do not supplicate themselves to their capital-holder masters.  Working for $6 vs $14 per hour is just a way to possibly delay the inevitable for a little bit longer.  $6 per hour in no way changes the inevitable outcome."}
{"_id": "310826", "title": "", "text": "Definitely don't grocery shop when you're hungry.  Also, watch for sales, and then buy in bulk and freeze it."}
{"_id": "310837", "title": "", "text": "\"I look for buying a call option only at the money, but first understand the background above: Let's suppose X stock is being traded by $10.00 and it's January The call option is being traded by $0.20 with strike $11.00 for February. (I always look for 2% prize or more) I buy 100 stocks by $10.00 each and sell the option, earning $0.20 for each X stock. I will have to deliver my stocks by $11.00 (strike value agreed). No problem for me here, I took the prize plus the gain of $1.00. (continuing from item 3) I still can sell the option for the next month with strike equal or higher than that I bought. For instance, I can sell a call option of strike $10.00 and it might be worth to deliver stocks by $10.00 and take the prize. (continuing from item 3) Probably, it won't be possible to sell a call option with strike at the price that I paid for the stock, but that's not a problem. At the end of the option life (in February), the strike was $11.00 but the stock's price is $8.00. I got the $0.20 as prize and my stocks are free for trade again. I'll sell the call option for March with strike $9.00 (taking around 2% of prize). Well, I don't want to sell my stocks by $9.00 and make loss, right? But I'm selling the call option anyway. Then I wait till the price of the stock gets near the strike value (almost ATM) and I \"\"re-buy\"\" the option sold (Example: [StockX]C9 where C means month = March) and sell again the call option with higher strike to April (Example [StockX]D10, where D means month = April) PS.: At item 9 there should be no loss between the action of \"\"re-buy\"\" and sell to roll-out to the next month. When re-buying it with the stock's price near the strike, option value for March (C9) will be lower than when selling it to April (D10). This isn't any rule to be followed, this is just a conservative (I think they call it hedge) way to handle options and stocks. Few free to make money according to your goals and your style. The perfect rule is the one that meet your expectation, don't take the generalized rules too serious.\""}
{"_id": "310844", "title": "", "text": "There's no catch. Banks need to acquire customers just like any other business. One common way to acquire new customers is by advertising on the radio, TV, print, etc. Another common way to acquire new customers is by offering incentives like the one you linked to. Basically, PNC is confident that they will make more than $100 in profit over the entire lifetime of a customer. This is a very reasonable assumption, considering that:"}
{"_id": "310845", "title": "", "text": "Yes this is a scam. Stay as far away as possible. Don't talk or send any messages. The more you talk, she would convince you that this is not a scam. Armed Forces have a very good way of taking care of their people. They don't need to do something like this."}
{"_id": "310871", "title": "", "text": "I have this exact same issue.  Event the dollar amounts are close.  Here is how I am looking at the problem. Option 1:  Walk away.  Goodbye credit for 7+ years.  Luckily I can operate in cash with the extra $800 per month, but should I have a non medical emergency I might be SOL.  With a family I am not sure I am willing to risk it.  What if my car dies the month after I quit paying and the bank chooses to foreclose?  What if my wife or I lose our job and we have no credit to live? Option 2:  Short sale.  Good if I can let it happen.  I might or might not be on the hook for the balance depending on the state.  If I am on the hook, okay, suck but I could live.  If I am not on the hook, it is going to hurt my credit the same as foreclosure.  It isn't easy, you need an experienced real estate agent and a willing bank.   Option 3:  Keep paying.  I am going for this.  At the moment I can still afford the house even though it is at the expense of some luxuries in my live.  (Cable TV, driving to work, a new computer).  I am wagering the market fixes itself in the next several years.  Should the S hit the fan in most any manner, the mortgage is the first thing I stop paying. I don't know what other options I have.  I can't re-fi; too upside down.  I can't sell; the house isn't worth the mortgage (and I don't have the cash for the balance).  I can't walk away; the credit hit wouldn't be worth the monthly money gain. I have no emotions about the house.  I am in a real bad investment and getting out now seems like a good idea, but I am going to guess that having the house 10 years from now is better than not.  I don't care about the bank at all, nor do I feel I owe them the money because I took the loan.  They assumed risk loaning me the money in the first place.  The minute it gets worse for me than for the bank; I will stop paying. Summary Not much to do without a serious consequence.  I would suggest holding out for the very long term if you feel you can.  The best way to minimize the bad investment is to ride it out and pray it gets better.  I am thinking I am a landlord for the next 10 years."}
{"_id": "310875", "title": "", "text": "An observation, the US airlines did not create or even support the bullshit security measures that are required to be followed by planes flying here.  They're victims of it as well and would be just fine not having to spend millions annually complying with that element of security theater."}
{"_id": "310925", "title": "", "text": "&gt; It is my impression that being a crazy maniac is not required to be an entrepreneur, but that is just my humble opinion.  Nope. That is absolutely required.  No joke.  Well, to be a *successful* entrepreneur it is.  Because there's always going to be someone hungrier and crazier nipping at your heels.  If you let up, you'll lose your edge."}
{"_id": "310935", "title": "", "text": "A safe investment would be to get a 5-year CD from Ally Bank.  No minimum deposit and no monthly maintenance fees.  1.74% APY at the moment.  I would choose a 5-year CD since the early withdrawal penalty is only 60 days interest, which will be negligible for a $100 investment and increasing the term significantly increases your interest rate. Regarding other suggestions: Even if you find a way purchase stock commission free, it will probably cost a $5-$10 commission to sell, wiping out probably a year or two of gains.  Also, I-Bonds must be held for a year minimum, which is problematic. At the end of the day, it's probably not really worth your time to do any of these.  $2 a year or $5 a year, it's still fairly insignificant and your time is surely worth more than that."}
{"_id": "310973", "title": "", "text": "Now I'm trying to decide whether to find a managed fund, or use Vanguard ETFs. With a new trading account I can keep at least the initial move free of transaction charges, but ongoing additions would cost me the standard fee. I may want to move half of those funds into a mortgage deposit in a year. (maybe?) Most ETFs, like the stock market, exhibit significant volatility and, over short periods of time, substantial down-side risk. In other words, there is a significant chance that the value of your investment will be worth substantially less in a year from now. The likelihood of this being the case in, say, 10 years from now is much lower, and vanishingly small for a diversified portfolio. If you aren't confident you'll at least have the option of keeping most of your money invested for over a year, consider that the stock market may not be right for you, at least not as an investment vehicle. Regarding the things you'd like to learn; as the commenter said - that's a huge topic and I think you need to clarify your questions."}
{"_id": "310974", "title": "", "text": "eSalesData provides high quality, rapid response mailing lists that can be customized to suits your businesses needs and target audience. When it comes to an aerospace industry executives list, we offer marketers and sales teams a host of firmographics to help them narrow down their target audience."}
{"_id": "310980", "title": "", "text": "This is still unknown. One theory is that the risk adjusted premium is at an equilibrium allowing the seller and buyer to receive the best risk-adjusted premium. Deep in the monies have lower premiums, so this spurns sellers.  Deep out the monies have lower probabilities of expiring in the money, so this spurns buyers. Risk adjusted, not at the monies cost more."}
{"_id": "310986", "title": "", "text": "It's possible that a particular policy change would flip a company from profitable to unprofitable. It is even more likely that broader economic cycles put you out of business. Or a competitor gets a major business advantage. Or you make a bad management call.   Our government is set up to encourage moderate decisions through majority rule. The president has a lot of power for one man, but without congress he's got real limits. Even with congress, the filibuster means that the minority has some real teeth against extreme bills. This idiot is saying hey we weathered 4 years and grew under Obama including 2 of a democrat majority congress, and the worst recession in 80 years, but ANOTHER 4 years, well we just don't know."}
{"_id": "310988", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://wol.iza.org/articles/should-divorce-be-easier-or-harder) reduced by 78%. (I'm a bot) ***** &gt; Some countries have legalized divorce where it had previously been banned, and many have eased the conditions required for a divorce, such as allowing unilateral divorce.  &gt; Even though unilateral divorce leads to a larger number of divorces in the short term, it probably leads to better-quality marriages in the long term.  &gt; Because there is some evidence that unilateral divorce may harm children in the long term, easy divorce should be accompanied by other policies aimed at supporting children in vulnerable families.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6n51eq/should_divorce_be_easier_or_harder/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~166244 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **divorce**^#1 **unilateral**^#2 **lead**^#3 **lower**^#4 **child**^#5\""}
{"_id": "310991", "title": "", "text": "Given that both businesses probably have mostly aging housewives amongst their customers... sort of makes economic sense. Although for the aging-housewife segment a Hot Brazilian Dude With Big Penis Tree Service could world just as well."}
{"_id": "310992", "title": "", "text": "Complexity has mentioned some good points. I'd also like to add on the downsides:  It's not that easy to get rid of a tenant!  Imagine if your tenant passed your background check with flying colors but then turned out to be the tenant from hell...  How would you resolve the situation?  If the thought of that kind of situation stresses you (it would stress me!), I would consider carefully whether you really want to be a landlord."}
{"_id": "311011", "title": "", "text": "What are your goals in life?   If one of them is to appear wealthy then buying a high price import is a great place to start.  You certainly have the salary for it (congratulations BTW). If one of your goals is to build wealth, then why not buy a ~5000 to ~6000 car and have a goal to zero out that student loan by the end of the year?  You can still contribute to your 401k, and have a nice life style living on ~60K (sending 30 to the student loan). Edit: I graduated with a CS degree in '96 and have been working in the industry since '93.  When I started, demand was like it is now, rather insane.  It probably won't always be like that and I would prepare for some ups and downs in the industry. One of the things that encouraged me to lead a debt free lifestyle happened in 2008.  My employer cut salaries by 5%...no big deal they said.  Except they also cut support pay, bonuses, and 401K matching.  When the dust cleared my salary was cut 22%, and I was lucky as others were laid off.  If you are in debt a 22% pay cut hurts bad."}
{"_id": "311025", "title": "", "text": "I totally understand where you come from and what you mean. And yes I would be partnered in this business since I would be the sole (there's only gonna be one) investor. The guy can't keep up demand and he doesn't wanna export is what my friend - his sister - told me so he's looking to find an investor. And I know it isn't free money since technically I would be investing and resorting the benefits of said investment. However, it would be tax-free afaik but even if it weren't I'd still be partnered with him and his business"}
{"_id": "311028", "title": "", "text": "It is fine to receive payments into Indian Savings Bank account. There are no restriction on deposits. There are only restrictions on number of withdrawls in a quarter.  A Current[a.k.a Checking] account makes it easier to manage. You haven't asked about tax, but I you may already know you would need to pay taxes irrespective of whether you got the money in Savings or Current account. Edit: Any individual can open a Current Account on individual's name. There is no restriction. There are multiple aspects to determine whether the activity you are doing is a service as defined by the Service Tax Rules. Please consult a CA to guide you. For less than 5K INR he would not only advice you but also do everything required to file taxes."}
{"_id": "311046", "title": "", "text": "I think you would definitely need to distinguish between sites with different business models, some would want to bill by content downloaded, others by number of page visits,...). Time spent there doesn't seem like a good measurement with the current, request-based model of how the web works."}
{"_id": "311069", "title": "", "text": "&gt; You also have to think about tax on dividends from these stock options, which is only 15%, which is paltry to regular incometax rate that the rich pay on their salaries  dividends is just cash being removed from companies and being paid out directly to the stockholder  if dividends get taxed at a higher rate, every company would just use that same cash to buy back shares since that would be more tax efficient - the stockholder would receive compensation in higher stock prices which they could then sell instead of receiving a dividend. Thus, they would pay capital gains rate instead of your new dividend rate.  The dividend rate must be the same as capital gains rate for this reason. They are not free money since the stock price gets decreased when a dividend is paid out - the company gets poorer when they pay out the dividend."}
{"_id": "311087", "title": "", "text": "When you've been running your business without a profit for *11 years* (e.g. Tesla Motors), I would not call it a success. But maybe you happen to be very generous and think they should have another 11 to prove themselves."}
{"_id": "311116", "title": "", "text": "\"Here's a hack for getting the \"\"free\"\" checking that requires direct deposit. Some effort to set up, but once everything is in place, it's all autopilot. (If your transfer into savings is higher than your transfer out of savings, you'll build up a nice little stash over time.) I don't know if there are deposit amounts or frequencies that you must have to qualify for the free account, if these are public or secret, or if this works everywhere. If anyone else has experience using this kind of hack, please leave a comment.\""}
{"_id": "311117", "title": "", "text": "If it's money you can lose, and you're young, why not?  Another would be motifinvesting where you can invest in ideas as opposed to picking companies. However, blindly following other investors is not a good idea.  Big investors strategies might not be similar to yours, they might be looking for something different than you.  If you're going to do that, find someone with similar goals. Having investments, and a strategy, that you believe in and understand is paramount to investing.  It's that belief, strategy, and understanding that will give you direction.  Otherwise you're just going to follow the herd and as they say, sheep get slaughtered."}
{"_id": "311123", "title": "", "text": "What, stomping everyone else into the ground?  [What HAS](https://www.google.com/amp/s/arstechnica.com/tech-policy/2016/10/comcast-sues-nashville-to-halt-rules-that-help-google-fiber/%3Famp%3D1) [Comcast been](https://www.google.com/amp/s/arstechnica.com/tech-policy/2017/08/comcast-sues-vermont-to-avoid-building-550-miles-of-new-cable-lines/%3Famp%3D1) [doing with](https://consumerist.com/2014/05/10/why-starting-a-competitor-to-comcast-is-basically-impossible/) [its time?](https://consumerist.com/2017/05/24/comcast-threatens-legal-action-against-net-neutrality-advocates-over-comcastroturf-com/)  Nah.  Big business never tries to stomp out its competition, or get rid of consumer protections, or any of that lousy crap people accuse them of doing.  But the government does EVERYTHING they say it does.  /s  The hypocracy is real.  Let\u2019s look all sides\u2019 evidence and decide for ourselves, rather than being content as mouthpieces for hypocrites."}
{"_id": "311133", "title": "", "text": "\"&gt;So why not talk to your employer, and ask them to pay you in gold dust? Then when tax time comes, just convert some gold dust into the amount of USD in taxes you owe.   Because selling gold and buying dollars has an effect on the market:  it reduces the value of gold, and increases the value of dollars.  Understand?  So being forced to use dollars *artificially increases the value of dollars*.  The reason we are forced to use Dollars is because the central bank has the monopoly on printing dollars.  Without legal tender laws, that monopoly would be worthless.  &gt;Of course, you'd have to find farmers and shoemakers and electronic stores willing to accept payment in gold dust as well...  As the value of gold increases over time, the government taxes the increased value as \"\"capital gains tax\"\".  So gold cannot be money under these circumstances - the government considers it an investment now.\""}
{"_id": "311136", "title": "", "text": "\"Visa Electron should be usable in any ATM (and shop) that accepts Visa, especially if the ATM also contains the \"\"Plus\"\" logo. However, if it's (for example) the card issued by La Banque Postale (in French) there are quite low withdrawal and spending limits.  These limits are over a period of the most recent seven days, so it can take a while before you can withdraw more.  So maybe not suitable to transfer a significant amount to your CZK account. As an alternative to finding an ATM that might have a fee, you can maybe use it to buy something small, then get cashback from stores that offer that. As it's a debit card, it needs to check the balance in real-time, so there are reports of it being often declined if it can't get a fast response from the home bank. In other words, make sure you have an alternative.\""}
{"_id": "311147", "title": "", "text": "I work in manufactoring. It's not 2% margins for us. If you're in a dying service/business with a unpopular product well that's just the market.   Who forced you to go into that industry? Free market is just that free, you shouldn't be subsidized for a product that can't compete or isn't popular.   Truth is harsh. You're angry, but your energy would be spent better finding viable alternatives rather than trying to save a sinking ship. If 5% will sink you, then you're already not doing well before these changes back to normal level tax."}
{"_id": "311148", "title": "", "text": "\"Normally, I'd say that because of the \"\"magic of compound interest\"\", balances of high rate cards shoot up rapidly, so pay off the high rate cards one by one until they're all zero. In this case, though, 23%, 20% & 19% are close enough that I'd pay off the card with the highest balance, then 2nd highest, then 3rd and leave the 13.24% card for last. Note that -- sooner than you think -- other card companies will send you low-rate balance transfer.  Take one ASAP and pay it down as much as possible so that when the low introductory rate is over, the balance on your now-high-rate card is low. Bottom line: balances on high interest rate card accumulate incredibly quickly, so kill them first one at a time.\""}
{"_id": "311153", "title": "", "text": "The short answer to your question is yes.  Company performance affects stock price only through investors' views. But note that selling for higher and lower prices when the company is doing well or poorly is not an arbitrary choice.  A stock is a claim on the future cash flows of the firm, which ultimately come from its future profits.  If the company is doing well, investors will likely expect that there will large cash flows (dividends) in the future and be willing to pay more to hold it (or require more to sell it).   The price of a stock is equal what people think the future dividends are worth.  If market participants started behaving irrationally, like not reacting to changes in the expected future cash flows, then arbitrageurs would make a ton of money trading against them until the situation was rectified."}
{"_id": "311173", "title": "", "text": "I work in equities at a buyside firm (think pension fund), and we have a pretty fit, west-coast style to the office.  Most of my floor is probably in their 40s or 50s, and while there definitely are some less healthy traders and PMs, there's also a ton of work-health initiatives for people willing to seize them. Examples include standing desks (which the traders all use), an office gym, bike to work weeks, a department rowing team etc. The majority of people seem to be in at least average shape.  Also, I feel like my office is very gender-diverse which I think really helps. It prevents the office culture from becoming too much of a boy's club where it's okay to just eat junk food all day."}
{"_id": "311182", "title": "", "text": "I totally believe you. I worked with an Admiral level guy that would dictate his email, have his secretary type it,  then he would correct it with a pen,  have her type it again, and bring it to him to approve. Once it was approved then she would email the message."}
{"_id": "311192", "title": "", "text": "\"Bit hesitant to put this in an answer as I don't know if specific investment advice is appropriate, but this has grown way too long for a comment. The typical answer given for people who don't have the time, experience, knowledge or inclination to pick specific stocks to hold should instead invest in ETFs (exchange-traded index funds.) What these basically do is attempt to simulate a particular market or stock exchange. An S&P 500 index fund will (generally) attempt to hold shares in the stocks that make up that index. They only have to follow an index, not try to beat it so are called \"\"passively\"\" managed. They have very low expense ratios (far below 1%) and are considered a good choice for investors who want to hold stock without significant effort or expense and who's main goal is time in the market. It's a contentious topic but on average an index (and therefore an index fund) will go even with or outperform most actively managed funds. With a sufficiently long investment horizon, which you have, these may be ideal for you. Trading in ETFs is also typically cheap because they are traded like stock. There are plenty of low-fee online brokers and virtually all will allow trading in ETFs. My broker even has a list of several hundred popular ETFs that can be traded for free.  The golden rule in investing is that you should never buy into something you don't understand. Don't buy individual stock with little information: it's often little more than gambling. The same goes for trading platforms like Loyal3. Don't use them unless you know their business model and what they stand to gain from your custom. As mentioned I can trade certain funds for free with my broker, but I know why they can offer that and how they're still making money.\""}
{"_id": "311202", "title": "", "text": "Indiabulls. Low brokerage (If you bargain) I'm user of it and I'm getting 25paisa for delivery and 5 paisa for intraday. All transactions can be done online. Also they provide an stand alone application PowerIndiabulls, which is too good and appraised by many users as best in the industry. Not sure about it, but I think Powerindiabulls application is the answer for this. Please have a look at their website for more details."}
{"_id": "311214", "title": "", "text": "To follow up on Quid's comment, the share classes themselves will define what level of dividends are expected. Note that the terms 'common shares' and 'preferred shares' are generally understood terms, but are not as precise as you might believe.  There are dozens/hundreds of different characteristics that could be written into share classes in the company's articles of incorporation [as long as those characteristics are legal in corporate law in the company's jurisdiction]. So in answering your question there's a bit of an assumption that things are working 'as usual'. Note that private companies often have odd quirks to their share classes, things like weird small classes of shares that have most of the voting rights, or shares with 'shotgun buyback clauses'. As long as they are legal clauses, they can be used to help control how the business is run between various shareholders with competing interests. Things like parents anticipating future family infighting and trying to prevent familial struggle. You are unlikely to see such weird quirks in public companies, where the company will have additional regulatory requirements and where the public won't want any shock at unexpected share clauses. In your case, you suggested having a non-cumulative preferred share [with no voting rights, but that doesn't impact dividend payment]: There are two salient points left related to payout that the articles of incorporation will need to define for the share classes: (1) What is the redemption value for the shares? [This is usually equal to the cost of subscribing for the shares in the first place; it represents how much the business will need to pay the shareholder in the event of redemption / recall] (2) What is the stated dividend amount? This is usually defined at a rate that's at or a little above a reasonable interest rate at the time the shares are created, but defined as $ / share. For example, the shares could have $1 / share dividend payment, where the shares originally cost $50 each to subscribe [this would reflect a rate of payment of about 2%]. Typically by corporate law, dividends must be paid to preferred shares, to the extent required based on the characteristics of the share class [some preferred shares may not have any required dividends at all], before any dividends can be paid to common shares. So if $10k in dividends is to be paid, and total preferred shares require $15k of non-cumulative dividends each year, then $0 will be paid to the common shares. The following year, $15k of dividends will once again need to be paid to the preferred shares, before any can be paid to the common shares."}
{"_id": "311227", "title": "", "text": "Dear God I hope you are a troll. A family friend's nephew was killed in that incident. If you want to be taken seriously please don't joke about it/change your perspective. Drive over to newtown and ask some people around there if you're still on the fence."}
{"_id": "311252", "title": "", "text": "Your basic point is correct; the savvy move is to use insurance only to cover losses that would be painful or catastrophic for you. Otherwise, self-insure. In the specific example of car insurance, you may be missing that it doesn't only cover replacement of the car, it also covers liability, which is a hundreds-of-thousands-of-dollars risk. The liability coverage may well be legally required; it may also be required as a base layer if you want to get a separate umbrella policy up to millions in liability. So you have to be very rich before this insurance stops making sense. In the US at least you can certainly buy car insurance that doesn't cover loss of the car, or that has a high deductible. And in fact, if you can afford to self-insure up to a high deductible, on average as you say that should be a good idea. Same is true of most kinds of insurance, a high deductible is best as long as you can afford it, unless you know you'll probably file a claim. (Health insurance in particular is weird in many ways, and one is that you often can estimate whether you'll have claims.) On our auto policy, the liability and uninsured motorist coverage is about 60% of the cost while damage to the car coverage is 40%. I'm sure this varies a lot depending on the value of your cars and how much you drive and driving record, etc. On an aging car the coverage for the car itself should get cheaper and cheaper since the car is worth less, while liability coverage would not necessarily get cheaper."}
{"_id": "311284", "title": "", "text": "\"If you don't think money that goes to the government ends up in the hands of the wealthy you're incredibly naive. Federal officials end up incredibly wealthy on a middle class salary, how? We also give BILLIONS of dollars each year for foreign aid, to countries that are (or should be) considered to be our enemy and *their* wealthy ends up with it. That money doesn't help our economy or our poor. Furthermore, these tax cuts *do* include cuts for the middle and lower class. I don't see how people can say \"\"give money to the government then they'll give it to the poor\"\" when you could cut out the middle man and say \"\"let the poor keep more of their money\"\"\""}
{"_id": "311285", "title": "", "text": "If your business is operating on an accrual basis, the income would be counted as occurring in 2016.  If your business is operating on a cash basis, the income would be counted as occurring in 2017.  If you don't know what that means, you are probably using a cash basis for your business, which means income and expenses take place when you actually receive or incur them. According to cash-based principles, if you receive the check in 2017, that is when you report the income.  For more information, see Accounting Methods in Publication 538. In summary, you can choose both as an individual and as a business which accounting method you want to use, and it is not trivial to change it. Cash basis on a calendar year is more or less the default, and is recommended unless you have a specific reason for doing something else."}
{"_id": "311286", "title": "", "text": "Current aircraft certainly wouldn't be capable of dealing with all the contingencies but computers are getting faster all the time. As of now, over 90% of flying is done by computer, how long will we have computers doing 100% of the flying before we decide that paying someone to be there isn't worth it? 10 years? 20?"}
{"_id": "311289", "title": "", "text": "This is how mints make money. They sell limited runs of items at a price significantly higher than their manufacturing cost. Some buyers hope that the scarce nature of the item will cause others to value it higher than the initial offer price but also some people just like to have them."}
{"_id": "311313", "title": "", "text": "\"Anecdotal: Deploying a Monolith VPC with Aliyun in China (was late 2015) was quite pleasant for a team trained in managing AWS environments.  That said, when we moved from monolith environment to make use of more AWS managed services, we found lots of negative space in performance, support &amp; reliability of the Aliyun managed services.  The international Aluyun offer &amp; the China Aliyun offer are slightly different.  Gaps exist in compute (no intl ephemeral compute / lambda) &amp; data storage products (no true redshift or aurora subs).  That said, if you're rolling your own, Aliyun works just fine.  As a final note, the article mentions the \"\"censorship\"\" issue as a potential turn-off for international firms.  While it would normally be a valid concern, Aliyun's intl SLAs cover this in no uncertain terms and it's a bit of a red herring.  The real issue (IMO) is deployment of unique tech or proprietary tech.  For example, if you're one of the growing AI companies of the world who sees a unique trained-up xNN as core IP or trade secret, I would be hesitant deploying such a thing to Aliyun.\""}
{"_id": "311318", "title": "", "text": "I can deal with the sometimes human trash that shops there, the screaming and running kids...and even the somewhat messy isles.  For me, it comes down to two things:   1. Language barrier. If you are going to have staff on the floor, they need to be able to speak and understand English. This is an uncomfortable criticism, I know, but it is real.  2. Staff lack of knowledge of the products they sell. Reading the description on the tag of two different items does not help me."}
{"_id": "311325", "title": "", "text": "What is the minimum information someone would need to know about me to wire money out of my brokerage account? In today's world, there could be sufficient info on the statement that can be coupled with info available in other sources and together this info in wrong hands could be an issue. I should probably encrypt the drive. Yes it does make sense"}
{"_id": "311345", "title": "", "text": "Interestingly, the Staples doesn't own most of the land their stores operate on like its competitors. They opted for leases versus buying land during expansion to focus capex on other parts of the business. However, it leaves the company without a lot of land and therefore low relative book value. The value in Staples lies in their online B2B in a direct business model, though how much growth lies in physical paper and ink in a world of tablets and computers remains to be seen."}
{"_id": "311349", "title": "", "text": "I can't speak for India, but for US travelers abroad, using an ATM card that reimburses transaction fees is usually the most convenient and cheapest way to obtain foreign cash. There are several banks and brokerages that offer these types of ATM cards in the US. The exchange rate is competitive and because the fees are reimbursed it's cheaper and easy than going to a bank or kiosk to exchange currencies. I don't know if you can get accounts/cards like this in India that reimburse ATM fees. For purchases, using a credit card is fine, too. Some cards charge a foreign transaction fee of ~1%, some don't. The credit card I use most of the time does charge a 1% transaction fee, but I get 2% back in rewards so I still don't mind using it when traveling."}
{"_id": "311354", "title": "", "text": "\"If you're under 18 there's not much you can do. As a minor, your kinda just stuck. There are routes to go, but not many.  If you're over 18, here's what you can do.  Now these steps won't help you not anger your mother. They're \"\"what you can do\"\" but it doesn't mean you \"\"should\"\". Keep in mind that it might be better just to have a conversation. In that conversation, if you think you need to say, \"\"I will file a complaint with the FBI, and have you arrested if you don't stop! You're breaking the law and invading my privacy.\"\" Again these are drastic steps to take. More moderate steps may be advisable.\""}
{"_id": "311358", "title": "", "text": "See this website. In my opinion you should physically exist there to open your account.The bank needs to fulfill all requirements such as checking your identity, taking your signatures for future transactions etc. However, there might be some exceptions as Banking industry works pretty much on personal relations and money power.  Also check these links: http://answers.google.com/answers/threadview?id=722141 http://askville.amazon.com/open-bank-account-abroad/AnswerViewer.do?requestId=7004217 and http://www.talkgold.com/forum/r18761-.html"}
{"_id": "311396", "title": "", "text": "The Westminster government said it wouldn't carry out a currency union and the Scottish government said we'd have no liability over the debt if we don't get the assets of the Bank of England. If we reject the debt will that have any realistic consequence on investors?  I thought the number one thing investors loved is an oil rich country with stability."}
{"_id": "311409", "title": "", "text": "If your goal is to make your child's cleats or sport shoes more comfortable, you need an insole designed to cushion their foot impact.\u00a0Our KidSole memory foam or gel insoles will make any uncomfortable sports shoe\u00a0soft and wearable. The sport combo is the best possible solution for kids who do not need arch support but do need extra cushion."}
{"_id": "311418", "title": "", "text": "\"People don't always think about it.  They think \"\"oh, sand. Thats cheap and everywhere\"\" Little do they know they need quality, round, strong sand that has high quartz content to work (only sand from a few areas of the country)\""}
{"_id": "311423", "title": "", "text": "Idk why Banks are so opposed to holding just a bit more capital. It helps them avoid becoming suddenly insolvent should something happen. It's like they only care about personal short term gain and care little about being in the game for the long term."}
{"_id": "311436", "title": "", "text": "I dropped out of Reed College after the first 6 months... Because I had dropped out and didn\u2019t have to take the normal classes, I decided to take a calligraphy class... Ten years later, when we were designing the first Macintosh computer, it all came back to me. And we designed it all into the Mac."}
{"_id": "311439", "title": "", "text": "\"While the techniques are well known computer science results, at least in academia they havent been exhaustively applied to everything yet. So LDA and NMF text analysis and stuff are somehow \"\"cutting edge\"\" in academic research only because not many of the older more established professors can get on board as quickly as new students with a programming background. I agree it seems weird, but in the literature these applications are \"\"new\"\" and \"\"hot\"\".   source: finance phd student doing research on machine learning and text analysis.\""}
{"_id": "311442", "title": "", "text": "The simplest way is just to compute how much money you'd have to have invested elsewhere to provide a comparable return. For example, if you assume a safe interest rate of 2.3% per year, you would need to have about $520,000 to get $1,000/month."}
{"_id": "311445", "title": "", "text": "\"Roughly about 1 of 2 Swiss francs is won abroad. So, yes it is easier for Swiss companies to export when the Swiss franc is not \"\"too high\"\" as it has been those last years. The main export market for Switzerland is the UE. Some companies are doing most or all of their business on the Swiss market. Others are much more exposed to the the health of the global economy. When the Swiss franc appreciates, some companies suffer a lot from that and other less. It depends on their product portfolio, competitors, and other factors. The last decades have shown that how the Swiss Franc valuation is less and less correlated with the performance of the Swiss economy. The Swiss franc is used as a safe haven when the global economy goes bad or is uncertain. In those times, the Swiss franc can be overevaluated, at least as compared to the purchasing power. When the global economy is improving, the over-appreciation of the Swiss franc tends to disapear ; this is happening now (in Mid-2017). As a summary, the Swiss franc itself is not truly correlated with the competitiveness of the Swiss economy, but more about how people in the world are anxious. In this regard, it behaves a little bit like gold.\""}
{"_id": "311446", "title": "", "text": "I never understood why people lease rather than buy or finance.  I'm financing a new civic 09 @ 0.9%.  At the end of the 5 year terms I will have paid less than $800 in interest."}
{"_id": "311450", "title": "", "text": "If you're a market timer it's difficult to argue that now is not a very risky time to be in stocks. Just based on the PE we're in the second richest market in the last 100 years. Also, the Fed is about to start tightening on a weak economy. That's never good for stocks."}
{"_id": "311452", "title": "", "text": "Marketing via social-network tools, long thought to be a feature primarily of e-commerce, is rapidly moving to the physical point of sale as merchants seek new ways to generate sales and independent sales organizations look for ways to differentiate themselves. This move to the point of sale, meanwhile, has been facilitated by the proliferation of handsets and has brought with it a revival of interest in targeted rewards and offers for consumers."}
{"_id": "311465", "title": "", "text": "I found this book to be pretty decent: It is a workbook, and full of little exercises."}
{"_id": "311472", "title": "", "text": "\"I don't know, but I can guess. You'll notice the Elite card has higher rewards. A card might want to convince merchants that they represent high end buyers, and use that to negotiate higher merchant discounts. Issuing bank: \"\"Our 10 million card holders are sophisticated and have lots of discretionary income. If you don't agree to this rate, we'll terminate the contract and they will take their business elsewhere.\"\"  Merchant: \"\"But it's twice the rate of everyone else! I'm sure these customers have other means of payment, and besides, how many of those card holders are actually using it?\"\" Issuing bank: \"\"Our cardholders signal their interest in the benefits of cardholding by paying us an annual fee. If they didn't want one, they'd stop paying right? They clearly know they have one and our records indicate they use them regularly. We're pretty sure if you don't wise up they'll shop at your biggest competitor, another client of ours. pause Frankly, they already do.\"\"\""}
{"_id": "311474", "title": "", "text": "Well you would have to take into account 2 things. 1 the taxes and regulations that fossil fuel industries face relative to renewables. 2. subsidies as a percent of fossil fuel industry compared to subsidies as a percent of green energy companies. My hunch is that both of these points show that overall, the fossil fuel industry isn't benefiting from the government and renewable companies are benefiting"}
{"_id": "311490", "title": "", "text": "\"I know something about this issue, so maybe I can put it into context from my world.   One problem is that dairy farmers - like any small/mid-sized business - can only afford to pay so much in wages (especially factoring in the fact that the cost per employee is higher b/c employment taxes, maybe insurance, etc.). As a commodity, milk and feed (to make the milk) prices are set and any fluctuation is passed to the farmer, so it isn't like the costs of paying a higher wage can be passed directly on to the consumer.  Also, the kind of work involved is not what most Americans are willing to do. There are 4 trailer parks within 5-15 minutes of the dairy farm here - and very seldom - if ever - has an American come asking for a job - when they did, they got a chance - at $12/hour and housing if needed. They never last long: drug/alcohol use, warrants, bad attitudes, absenteeism, mistreatment of the animals. Local workers simply are not dependable to show up on time, for every scheduled shift, and do a good job.  Hispanic workers are paid the same wages. It isn't like 10-15 years ago when some jerk farmer thought he could cut his labor cost by paying half-wages to \"\"illegals\"\". Hispanics here have social networks, and know the value of their work. If they're not happy, underpaid, whatever - they will leave - and will instigate all the other Hispanics into leaving as well.  Dairy farming is a hard, dangerous, smelly job that puts you out in the heat of summer, cold of winter, pouring rain, day and night, 24/7. If you paid a wage that compensates for that, there would be no dairy industry and if there were, its products would not be affordable. So the Hispanic workers get an ok wage to do a job that no American is willing to touch.  And robots? They don't work that great either: expensive, constantly needing service - and the rats eat the power cables!\""}
{"_id": "311495", "title": "", "text": "&gt;Not to mention that Japan has a very good savings rate.   Remember they buy a lot of bonds with their savings, Japanese bonds. This shows up as debt on the ledger.  People really need to learn about government debt in general."}
{"_id": "311527", "title": "", "text": "Just find a low cost S&P 500 index fund, and spend your time reading The Great Mutual Fund Trap instead of wasting your time and money picking actively managed funds."}
{"_id": "311545", "title": "", "text": "I don't understand what the fuck Sony is doing.  This lawsuit is bringing way more attention to something they don't want to bring attention to...  Furthermore, everyone loved the ads and the character, and I am pretty sure that all of those people see Sony as a bully at this point.  why?"}
{"_id": "311551", "title": "", "text": "It used to be so easy when they would just cut taxes and pay for it with foreign money. In fact, they can probably still do that but the politics of exploding the deficit again are...troublesome.  In particular now, doing relatively good times, the deficit should continue to narrow and maybe even dip into surplus for a while."}
{"_id": "311557", "title": "", "text": "Hello, my Dear Friend! Learn Colors with Color Sticky Tape Are you Sleeping Nursery Rhymes Song for Babies by Eva TV Thank you for watching my video! Five Little Babies Jumping on the Bed Song Nursery Rhymes Songs for Kids https://www.youtube.com/watch?v=hIAMkUdZ1QA Steal Chips Johny Johny Yes Papa Song Learn Colors with Bad Baby Nursery Rhymes https://www.youtube.com/watch?v=Evl4odr8xho #LearnColors #Colours #forKids #forChildren #AreYouSleeping #AreYouSleepingBrotherJohn #AreYouSleepingSong  #NurseryRhymes #BadBaby #StickyTape #ColorStickyTape #BabyDolls #FunnyVideoforChildren"}
{"_id": "311558", "title": "", "text": "If you have (other) high interest debt, say over 8%, pay it back first. Else, you are likely best off paying this loan back and getting the money working for you long term."}
{"_id": "311568", "title": "", "text": "\"For \"\"real\"\" investing I would usually recommend mutual funds.  But if you are trying to teach a kid about investing, I would recommend they choose individual stocks.   That will give them a great opportunity to follow the companies they bought in the news.  It also gives you an opportunity to sit down with them periodically and discuss their companies performance, economic news, etc. and how those things play into stock prices.\""}
{"_id": "311571", "title": "", "text": "Good. Maybe all the bullshit bloat and stupid protectionist laws they passed will be muted.  We could be so lucky. Its time to revise the way we do things, and the younger generation has more access to information then any other time in history."}
{"_id": "311578", "title": "", "text": "\"Read the terms by your Travel Card issuer. Travel Card cannot be used to transfer USD to an Indian Bank Account. You have to spend outside India and if there is a balance you have to request the card issuers in writing for a refund Salaries should not be credited on \"\"Travel Card\"\"\""}
{"_id": "311584", "title": "", "text": "I thought medium was supposed to provide a format that was easy to read? This website is horrendous. A sticky header to cut down on viewing space, and then a banner at the bottom without an easy way to close out asking to be alerted for updates. Terrible"}
{"_id": "311600", "title": "", "text": "No, primitive communist tribes in both central africa and Brazil don't. Google Henrich et al - 2005 - Economic man in cross cultural perspective. It gives you a game theory analysis of how different cultures and means of production create very different human natures according to selfishness and the lack of it."}
{"_id": "311607", "title": "", "text": "Speaking from stock market point of view, superficially, TA is similarly applicable to day trading, short term, medium term and long term. You may use different indicators in FX compared to the stock market, but I would expect they are largely the same types of things - direction indicators, momentum indicators, spread indicators, divergence indicators. The key thing with TA or even when trading anything, is that when you have developed a system, that you back test it, to prove that it will work in bear, bull and stagnant markets. I have simple systems that are fine in strong bull markets but really poor in stagnant markets. Also have a trading plan. Know when you are going to exit and enter your trades, what criteria and what position size. Understand how much you are risking on each trade and actively manage your risk. I urge caution over your statement ... one weakened by parting the political union but ought to bounce back ... We (my UK based IT business) have already lost two potential clients due to Brexit. These companies are in FinServ and have no idea of what is going to happen, so I would respectfully suggest that you may have less knowledge than professionals, who deal in currency and property ... but one premise of TA is that you let the chart tell you what is happening. In any case trade well, and with a plan!"}
{"_id": "311616", "title": "", "text": "\"I got a BA in Econ from a mid-tier public school in CA, and I graduated near the trough of the great recession, so my experience may not represent what current and future graduates can expect. It took a couple of years of shit-jobs, but I eventually got into banking (a matter of who-you-know) and after almost 5 years I couldn't stand it anymore so I am starting my MS in Econ at an also mid-tier public CA school. I can't compare to CS, and my advice will differ from robolib's:  1. Never assume that jobs will we thrown at you, especially a job that you actually want, like, and will make a career. The job market is strong and you ought to be able to get an entry level analyst position if you can show you have strong econometrics. Many schools require you to do a research paper for your senior seminar (instead of a graduation exam) I recommend to choose a topic with good data available.  2. All the government jobs I've looked at required at least a Master's. That said, the ROI on a Phd is rarely worth it if you have to take on debt to do it. You MIGHT be able to get your foot in the door with a Bachelor's but you won't be able to progress up the job ladder. I suggest being a little more open-minded about potential employers, there are way more options when you consider consulting or business development for larger corporations.  3. Economics majors make the most out of the social scientists by far, last I checked it was 60-80k (depending on local market, obv.) but I imagine that trails CS majors significantly. You should be able to afford a decent standard of living in either field, so certainly consider more on the basis of what kind of work you get the most satisfaction from.  4. With an undergrad degree you will start in local government. You may then be able to jump to State and then Federal levels after 5-10 years experience, but still may find it difficult if you forgo the Master's. I have not personally worked as an \"\"economist\"\" but I do know you will spend a lot of time searching for/collecting data, writing or using statistical analysis programs to process it, and writing up your reports.  5. Go search \"\"analyst\"\" on Indeed.com and you'll find myriad positions in everything from finance, to marketing, to supply chain, etc. which ask for degrees in business, finance, \"\"or other related field (economics).\"\"  In my opinion, the prestige of the university from which you graduate is secondary to the work you do.  Assuming you do a research paper, if it is kick-ass it won't matter much if you went to Harvard or not. Check your city/county jobs site for internship opportunities since no matter what, even getting an entry level job can be difficult if you've never had any job experience in the field (or related field).  Labor economics is big since there's a lot of good data and it is a hot topic. Personally, I'm focusing on urban economics, real estate, planning, and transportation. The beauty of Econ is that it is so broad you can almost do whatever you want. But the drawback is that it is so broad it can be tough to show employers that you possess the specific skills and knowledge that make you desirable.  Hope this helps!\""}
{"_id": "311630", "title": "", "text": "Just for op's reference. A deferred wage entry would be something along the lines of the following scenario: you contract with a worker to perform some work at some point in the future, you would then book deferred wages for the amount to liabilities and deferred labor for that amount to assets, which would increase both and leave equity unchanged."}
{"_id": "311642", "title": "", "text": "Emergency funds, car funds etc tend to have to be accessible quickly (which tends to rule out CDs unless you have the patience to work something like a monthly CD ladder, an I don't) and you'll want your principal protected. The latter pretty much rules out any proper investment (ETFs, mutual funds, stock market directly, Elbonian dirt futures etc). It's basically a risk-vs-return calculation. Not much risk, not much return but at least you're not losing from a nominal standpoint). Another consideration is that you normally aren't able to decide freely if and when you want to pull money out of an emergency fund. If it is an emergency, waiting three weeks to see if the stock market goes up a little further isn't an option so you might end up having to take a hit that would be irrelevant if you were investing long term but might hurt badly because you're left with no choice. I'd stick that sort of money into a money market account and either add to it if necessary to keep up with inflation or make sure that my non-retirement investments over and above these funds are performing well, as those will and should become a far bigger part of your wealth in the longer run."}
{"_id": "311644", "title": "", "text": "\"Basically if the execs in your company are too stupid to understand the concept of limited resources and prioritization, then the chargeback model is what's necessary to deal with the situation.   Ideally, execs should back the IT manager, and once everyone's booked on an internal project, then when a new project comes in, the IT manager says \"\"Sorry - can't get to yours until October.\"\"  When PM of new project throws a fit and says they need it by July, then the IT manager looks at the portfolio of projects and picks one or two candidates. He then contacts the stakeholders for those projects and says \"\"Joe the PM says his stuff is more important than yours\"\" and escalate the two of them to a common executive to deconflict the mess (which, believe it or not, is one of the primary reasons executives exist)\""}
{"_id": "311647", "title": "", "text": "We are Providing wine, scotch, champagne and other glasses in glass as well as in plastic. So, if one is looking for Plastic stemless wine glasses then he or she can come to our shop. Feel free to visit our website 24x7."}
{"_id": "311648", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/anarcho_capitalism] [Smart guy on r\\/economy](https://np.reddit.com/r/Anarcho_Capitalism/comments/6hhw68/smart_guy_on_reconomy/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "311655", "title": "", "text": "\"There are people that make up a small segment of the population that have an unsatisfied need to see the insides of other people's houses.  There's also a segment of the population that don't quite understand the \"\"big picture\"\" of how service professions work... for example, any group of friends going into a restaurant and requesting a table and sitting at it for over an hour, but feel they don't need to leave a tip because they only ordered espressos or shared a desert.  Sure, you're paying for the service of a service professional, but it should also include their time and resources you consume outside of the actual service but many don't have that perspective.  Why should I pay you if you aren't providing your actual \"\"service\"\" to me even though I'm consuming your time and resources that would be earning you your expected salary otherwise, is their justification.  So when you encounter an individual from both small segments of the population mentioned above, the result is the problem your wife faces with perspective buyers. I look at the Agent / Buyer relationship from a different perspective when I encounter these no-harm intended individuals.  I don't see it as the buyer is hiring the agent... for if that was the case, a contract of some sorts would be involved detailing the menu of services provided by the agent with associated costs, the buyer would make selections from the menu, pay the costs, and services  rendered.  but that's not how it works.  so its important to understand the perspective of the agent looking to hire the buyer.. you're not paying the buyer to be your client, but you are looking to select the prospective buyer that's going to generate cash flow.  In a commissions based work force that is also your main source of income, you have to look at prospective clients as that.. simply prospects..but who are a vital component of your salary.  So when allocating your time and resources, especially if you're dealing with several prospects, you literally have to turn away these cold leads who are just looking for design tips  and paint color pattern suggestions and you as their escort.  If I was in the shoe-making business, i wouldn't hire a walk-in, give him access to materials and  work space with the assumption that if its to his liking, it'll generate profit towards my salary needs, if the only thing he's interested in doing is looking around at all the other shoes, a behavior that requires my presence, time, and resources.  You almost can't even justify it as \"\"looking at it as possible income in the future\"\" if it's costing you revenue now, whether its in the form of having to neglect actual buyers or you could be investing your time in things that would impact salary needs, such as advance course work (attending optional trainings offered by your broker), or investing time finding more serious leads.\""}
{"_id": "311668", "title": "", "text": "This was at least in part payback for VW. But to be fair, the US has imposed huge fines on European banks for doing unethical stuff that's a lot more tolerated in Europe than the US. The EU fined Google for doing anti-competitive stuff that's a lot more tolerated in the US."}
{"_id": "311680", "title": "", "text": "In now days beginning a business, website optimization daddy can enable you to begin a web business, to do you know the intricate details of web crawlers and have aptitudes in stages like Google Analytics? The proprietors of a ton of littler organizations don't understand the amount of an effect website, streamlining SEO can have on their business. We teach those entrepreneurs on the energy of starting an internet business to help change their sites into a more SEO-accommodating property. We have master abilities to the stage proprietors how to peruse and utilize their examination information the correct way, and how to legitimately utilize watchwords and structure substance to get more movement."}
{"_id": "311687", "title": "", "text": "There's a symbiotic relationship between what people want and what products businesses advertise and sell. The very nature of fast food is high in refined carbohydrates and fats which our bodies naturally crave. That isn't to say that slow food doesn't do the same damn thing, but there's a greater degree of hitting the pleasure centers with cheap shots.  I absolutely agree that we lack a healthy eating culture, but we used to have one. It disappeared, partly due to the transition to cities and pressures of food safety and freshness that resulted, but also due to active campaigning by businesses taking advantage of our predilection for energy sources which would be scarce without industrial agriculture."}
{"_id": "311688", "title": "", "text": "The DLOM maybe different if the bond is more or less marketable than the equity. However, the ratio itself would be the same. So while this might affect the interest at which you are willing to lend, it would not affect the intrinsic value of the firm."}
{"_id": "311690", "title": "", "text": "Most of these blogs/websites that you mention above promote banks that pay a commission and hence you never realize there are better banks out there that offer a higher rate.   I went through the same exercise to find the bank that paid the best rate and realized the truth I mention above.   I currently bank with Alliant Credit Union, which doesn't pay a commission or have affiliate fees.  If you find a bank that pays a higher rate than ACU, let me know, I'd like to switch to that bank as well! To give an example, ACU's regular savings rate is equivalent to EverBank's 2 year CD!  See what I mean when I say affiliate and commissions run the show? Disclosure: BTW, I'm a customer of this bank, not an employee.  I do have a blog if you wish to read my experience with ACU."}
{"_id": "311691", "title": "", "text": "Every tax dollar that is withheld from the government is a dollar not spent on death showers around the world.  Taxation is immoral and necessary for war.  I'll gladly easy at BK after hearing this.  I'm proud of them."}
{"_id": "311704", "title": "", "text": "DH payroll is a payroll provider in Kingston to meet your payroll services needs. We are a specialist payroll bureau who have dealt with a large number of small and medium sized companies for the past 25 years and have served them well. Address:- Ground Floor 1 Park Road, Hampton Wick, Kingston-Upon-Thames KT1 4AS  Phone: 020 8977 3559"}
{"_id": "311717", "title": "", "text": "I'm not arguing against your position. I'm just curious how government will be able to fix a situation like this, in your opinion? It seems like, at best, the status quo is the only thing politicians can agree on. This obviously isn't working out well for everyone else who isn't a politician, investor or captain of industry.   EDIT: The reality of the situation seems to be that the ruling class doesn't care about the domestic working classes. They've shed any social contract that traditionally existed between them. The Russia probe against Trump isn't about Russia or Trump. It's about delegitimizing the American Voter who dared vote for someone that the ruling class didn't approve of. The fact that Hillary Clinton's emails were leaked is irrelevant to the fact that the content of the emails is what may or may not have swayed voter opinion."}
{"_id": "311736", "title": "", "text": "You're asking for opinions here, which is kindof against the rules, but I'll give it a try. 1) Does emergency funds and saving money(eg.Money plan to buy a       house) should be in same Saving Account? 2) or should each specific saving plan set up in particular Saving Account? No, it doesn't. It's a matter of convenience. I personally find it more convinient to have different stashes for different purposes, but it means extra overhead of keeping an eye on one more account. Fortunately, with on-line access, mint.com and spreadsheets, it's not that big of an overhead. 3) If saved in same Saving Account, how could I manage easily which       percentage is planned for which? Excel spreadsheet comes to mind. Banks may have some tools too, for example Wells Fargo (where I'll be closing my account soon), has a nice on-line goals manager that allows you to keep track of your savings per assigned goals (they allow one goal per savings account, but you can have multiple accounts for multiple goals, and it will show the goals and progress pretty nicely). 4) If not saved in same Saving Account, the interest earned would be smaller because they all clutter across multiple Saving Accounts? In some banks interest rates are tiered. But in most on-line savings accounts they're not, and you get the same high rate from the first $1 deposited. So if in the bank where you keep the money they only pay a decent rate if you deposit some big lump of money - just open an account elsewhere. Places to check: American Express FSB, ING Direct, E*Trade savings, Capital One, Ally, and many more."}
{"_id": "311748", "title": "", "text": "Here are the reasons I did not lease my current car. When you lease, you're tied in at a monthly payment for 48 months or more. The only way to get out of that payment is to transfer the lease or buy out the lease. If you buy/finance, you can always sell the car or trade it in to get out of the payments. Or you can pay down more of the vehicle to lower the payments. Most leases calculate the cost of leasing based on the 'residual value' of the vehicle. Often these values are far lower than the actual worth of the vehicle if you owned it for those months and sold it yourself. So when you do the math, the lease costs you more -especially with today's low financing rates."}
{"_id": "311782", "title": "", "text": "If so, are there ways to reduce the amount of taxes owed? Given that it's currently December, I suppose I could sell half of what I want now, and the other half in January and it would split the tax burden over 2 years instead, but beyond that, are there any strategies for tax reduction in this scenario? One possibility is to also sell stocks that have gone down since you bought them.  Of course, you would only do this if you have changed your mind about the stock's prospects since you bought it -- that is, it has gone down and you no longer think it will go up enough to be worth holding it.  When you sell stocks, any losses you take can offset any gains, so if you sell one stock for a gain of $10,000 and another for a loss of $5,000, you will only be taxed on your net gain of $5,000. Even if you think your down stock could go back up, you could sell it to realize the loss, and then buy it back later at the lower price (as long as you're not worried it will go up in the meantime).  However, you need to wait at least 30 days before rebuying the stock to avoid wash sale rules.  This practice is known as tax loss harvesting."}
{"_id": "311786", "title": "", "text": "\"Do you need the capital? If you not, are you considering taking it to help you grow faster? To lower your downside risk?   In terms of deal structure start with your financial model  and evaluate  your payback period and IRR... Think if you were investor how much of a split would you need to compensate the risk you are taking.  Generally the investor will want to get 100% of their original investment paid back plus a annual  8%  \"\"preferred\"\", return and after they are made whole 80% of proceeds, but I've seen restaurant deals at 50/50 splits and no preferred return.   I'd try to ensure you get a salary and/or management fee.   Make sure you retain control and rights!  Don't sign anything without legal review.\""}
{"_id": "311791", "title": "", "text": "What kind of business? LinkedIn is very good for businesses like Real Estate where personal relationships are key. If you are in a business where it is important to know the person you are doing business with, you can benefit a lot from it.  First, make sure you have a good profile. There are plenty of places on LinkedIn where you can get tips how to do this.  Next, make sure you have a good profile photo that fits you. If you are in your 20s, this means something in a business suit, not holding a cocktail at a party, for instance. If you are over 50, you may want to be doing something active in the photo to convey your good health and vigor! :) Also, there are resources on LinkedIn for this.  There are different schools on the next topic, however, I feel you should not connect to anyone you do not know. You would be exposing all of your connections to someone who may end up spamming your network. It is not worth the risk. Don't connect unless they are recommended or it is someone you met.  Go to networking events and afterwards, connect with interesting or useful-to-your-business people you met at the event. Keep your network fresh by emailing or having lunch with some of these people on occasion.  It is always nice to have an up to date network. You never know when you will have a professional question or even when you may be looking for a job. I do it more for fun than anything. It is a lot of fun to meet new people!  Source: I am the president of the local Linked in chapter for my city. :) I host monthly meetings."}
{"_id": "311798", "title": "", "text": "The same reason a company would offer coupons. I'd guess they're just doing it as a way to entice people to do their investing with them. Since it is any ETF I doubt they are being compensated by the ETF companies, as is sometimes the case (iShares does this with Fidelity, for example). And they still get the commission on the sale."}
{"_id": "311807", "title": "", "text": "It's a tough one to solve.  The cost just to give everyone $30k would be crippling in terms of taxes.  And it would cover nothing in high COL regions.  Skill work such as accounting is easily $70-$80k for a CPA, much more for director, and $200k for controller plus stock options.  It will be ridiculous to expect compensation at those levels due to replacement robots or software.  What about doctors with median income $200k, or $400k for successful dentists or heart surgeons.  Shit will get cray cray.  Production might triple due to 24/7 operation.  But distribution will always be difficult, especially with lobbying as industry will never allow extreme taxation to cover universal income.  This will get even more confusing when you can price an old worker, but not the sixteen year old who will never go to medical school as the industry will become impossible to earn a living."}
{"_id": "311809", "title": "", "text": "For sure, a thirst for experience is absolutely a positive thing that will benefit you. I think the lack of ambition might be prevalent in all aspects of work, however. There were definitely the high-achieving people at my office and the ones that couldn't have given two shits how they were performing. Just recognize who's doing a great job and who's really dragging down the team and adopt the habits of the high-achievers. That's how I've always viewed it, anyway."}
{"_id": "311815", "title": "", "text": "I would look for these features in the credit card: If there is some kind of reward option like cash back or points, you obviously deduct these from the total costs. Chances are the total costs are higher than the rewards, because generally people don't give you money for free. The reward has to be financed somehow. I would adivse against building up credit card debt. It typically has a high interest rate. So, use the credit card only as a method of payment and pay back the debt so quickly that the interest doesn't start to accumulate."}
{"_id": "311830", "title": "", "text": "Some lenders will make loans for vacant land, others will not. You have to discuss with local bank what are your plan for the land: live in the old mobile home; install a new mobile home; build a new house; Sell it to a developer; use it for camping... Is the property part of a development with other mobile homes? If so there may be complications regarding the use and rights of the property. Some local jurisdictions also want to eliminate mobile homes, so they may put limitations on the housing options."}
{"_id": "311834", "title": "", "text": "Some brokerages will let you withdraw/deposit in multiple jurisdictions. e.g. I used to use Interactive Brokers. I could deposit/withdraw to US and UK bank accounts, in the appropriate currencies. It helps to have a brokerage that provides good rates on forex exchange also, and they were very good on the bid/ask spread. It was possible to get interbank rates plus a very low commission."}
{"_id": "311856", "title": "", "text": "Well then you'll get a chuckle out of [this article.](http://www.economist.com/news/americas/21607824-venezuelas-loss-thousands-oil-workers-has-been-other-countries-gain-brain-haemorrhage)    If you hit the pay-wall you'll need to clear all economist.com cookies from your browser.    The gist of it: &gt; IN 2003 Venezuela\u2019s then president, Hugo Ch\u00e1vez, **fired more than 18,000 employees, almost half the workforce,** of the state-run oil corporation, Petr\u00f3leos de Venezuela (PDVSA). Their offence was to have taken part in a strike (pictured) called in protest at the politicisation of the company. Their punishment was to be barred from jobs not only in PDVSA itself but also in any company doing business with the oil firm. The axe fell heavily on **managers and technicians:** around 80% of the staff at Intevep, **PDVSA\u2019s research arm**, are thought to have joined the strike. At the stroke of a pen, **Venezuela lost its oil intelligentsia.**  PDVSA is on road to nowhere. Production has been in decline even since before this purge (which accelerated the decline of production.)"}
{"_id": "311866", "title": "", "text": "it means that 20% of my closing balance each day will be added up over the course of a month and then given once the month is over. Yes apart from the typo 0.20% of every day balance. The rate itself is quoted for a year, so for a day it will be (Px0.20)/(100x365). Where P = The principal amount of every day. The credits will be every month-end. For leap year will be 366. Check with your Bank quite a few Banks still use the old convention of 360 days in year."}
{"_id": "311882", "title": "", "text": "\"One thing I'd quibble on. There is mainstream exposure. You are probably correct that everyone isn't buying records.   But from late 90's, non-existent to the availability now is a huge change. still not as common as groceries, or coffee.   The awareness of vinyl's return is fairly mainstream. Like when society as a whole co-opts a phrase / word, like \"\"bling\"\" or etc. That doesn't mean grandma is \"\"street\"\" now.\""}
{"_id": "311884", "title": "", "text": "\"Yes, you can withdraw the excess contribution (or actually any amount you contributed for 2015, not necessarily an excess), plus earnings from that withdrawn contribution, by April 15, and not incur a penalty for the excess contribution. It would count as if you did not contribute that amount at all. The earnings would be taxed as regular income, and the earnings may incur a penalty. Yes, you can \"\"recharacterize\"\" (all or part of) your Roth IRA contribution as a Traditional IRA contribution (or vice versa) by April 15. Recharacterization means you pretend the contribution was originally made as a Traditional IRA contribution, and did not involve Roth IRA at all. (\"\"Conversion\"\" is something very different and can only go from Traditional to Roth, not the other way around.) You are likely not eligible to deduct that Traditional IRA contribution, so you will have to report it as a non-deductible Traditional IRA contribution on a 2015 Form 8606 Part 1. Note that after you've recharacterized it as a Traditional IRA contribution, you can also then \"\"convert\"\" that Traditional IRA money to a Roth IRA if you want, achieving the same state as what you have now. Contributing to a Traditional IRA and then converting to a Roth IRA is called a \"\"backdoor Roth IRA contribution\"\"; if you don't have any existing pre-tax money in Traditional IRA or other IRAs, then this achieves the same as a regular Roth IRA contribution except with no income limits. When you convert, the earnings you have made since contributing will be taxed as income. If you had done the backdoor originally to begin with (convert right after contributing), you would have had no earnings in between and no tax to pay, but since if you do the conversion now you have waited so long, you are disadvantaged by having to pay tax on the earnings in between. If you convert, you will have to fill out Form 8606 Part 2 for the year you convert (2016).\""}
{"_id": "311895", "title": "", "text": "The point isn't to regain the money lost, it's to silence the anti-meat information.  Just like w Oprah's lawsuit, even though she won, it cost her $1 million to defend which sent a very clear message that anyone putting out anti-meat info better be prepared to spend tons of money in court."}
{"_id": "311905", "title": "", "text": "The customers were punishing local businesses.  Impotent rage toward anyone they could find.  It was canceled orders and political lectures to anyone that could hear.  I assume they were no longer going to participate in a Democrat's economy.  The owner didn't ever discuss politics or say or do anything to make waves.  The girls that sold the jewelry were just smart enough to put on makeup and smile.  There was nothing political about the place.  It was just the day after election day."}
{"_id": "311906", "title": "", "text": "You might want to consider how much effort mitigating this risk is worth. For example, having homeowner's insurance and sufficient documentation of your valuables is probably enough to satisfy your fears if they are based on simply losing your property.  In the end is there really any benefit in living like you don't have money in an effort to keep people stealing it from you? That said, One piece of good advice I have heard for how to avoid encouraging robbers is to avoid putting boxes for expensive items (e.g. electronics) out by the trash until the morning they pick it up. No need to advertise that you just bought a super expensive home-theater system."}
{"_id": "311921", "title": "", "text": "Outsourcing a call center company is a great help for all types of companies, irrespective of their size and nature of the business but it can be the best mean for the companies who have seasonal businesses as they have to face a sudden burst of customer calls."}
{"_id": "311931", "title": "", "text": "According to both Huffington Post and Investopedia:  Trying to retire without any savings in the bank can be difficult, and   that difficulty is compounded by other factors senior citizens need to   keep in mind as they age, like health issues and mobility. If saving   money is not possible for you, retirement doesn\u2019t have to pass you by.   There are plenty of government-assisted and nonprofit programs that   can help you, such as the Commodity Supplemental Food Program,   Medicare, senior housing help from Housing and Urban Development and   other resources. Therefore, to answer your questions:  Is this pretty much the destiny of everyone who cannot save for retirement?  Yes, if you do not have help from family (or friends) then you have a chance of ending up homeless and/or on government assistance.  Do most people really never retire? There are people who really will never retire. There are stories in the news about Walmart greeters or McDonald's cashiers who are in their 80s and 90s working because they need to support themselves. However, that's not the case for everyone. There's a greeter at my local Costco who is in her 80s and she works because she loves it (her career was in consulting and she doesn't have a lack of retirement money. She just really likes talking to people.).  What really happens? I can't answer what really happens because I have never experienced it and don't know people that do. Therefore I have to go off of what the two articles have said."}
{"_id": "311935", "title": "", "text": "It IS affecting our bottom line though. The rich have been taking more of the pie by suppressing wages while also getting tax cuts for decades. There's no reason that the super wealthy should be paying less tax (as a percentage of income) than Americans in the bottom tax brackets. That's a large part of why American infrastructure is crumbling, the top earners (who couldn't earn that much outside the system) aren't paying their fair share.  And don't even bother bringing up that top earners pay the most dollar amount of tax because that's exactly how it's supposed to work in a progressive system but paying the most in tax doesn't necessarily mean they're paying enough. The percent payed in tax is supposed to go UP the more you earn, not down."}
{"_id": "311940", "title": "", "text": "From wikipedia: In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade at the time of purchase. These bonds have a higher risk of default or other adverse credit events, but typically pay higher yields than better quality bonds in order to make them attractive to investors. In terms of your second question, you have the causality backwards.  They are called junk bonds because they have a higher risk of default."}
{"_id": "311947", "title": "", "text": "\"I'll answer in general terms, since I'm not familiar with the price ranges in Florida. The LLC formation costs $125 (state fee). In addition you'll need a registered agent. Registered agent could be your CPA/EA/bookkeeper/property manager/local friend, or you can pay firms specializing in providing registration and agents services such as NorthWestern or LegalZoom (there are many others). You'll need to pay an annual fee of ~$140 in Florida. If you are using someone to do the formation, they'll charge more (usually the on-line services are cheaper than a local CPA or attorney, by $100-$300). Bookkeeping will probably be charged by the hour, but some bookkeepers charge flat fees for small accounts. Per hour would be probably in the range of $40-$80. You'll have to pay taxes - both in Florida (where the property is) and on the Federal level to the IRS. You'll be paying them as a non-Resident individual. Your CPA/EA will charge you anywhere between $150 to $500 for that (if they charge more - run away, unless there's some specific complication that requires extra costs). You will need a ITIN for that, your CPA/EA can help you get one or you can apply yourself.  Be careful with all those people selling cr@p about organizing in Delaware/Wyoming/Nevada (like CQM in his answer). Organizing in a state other than where the properties are located (or off-shore) won't save you a dime, and not only that - it will add to the costs. Because you'll have to pay to the state where you organized (CQM mentioned Wyoming - $50/year), keep registered agent in the state of organization (+$99) and also do all the things I've described above about Florida - as a \"\"Foreign\"\" (out of state) entity, which may mean higher fees. It won't save you any taxes as well, because you pay taxes to the state from which you derive income, which is Florida, either way. Remember that what you call LLC in Italy may be in fact a \"\"Corporation\"\" as defined in the US, and there's a huge difference. You should probably not put a real-estate property in a Corporation in the US. You must get a legal advice from a (Florida) lawyer ($0-$500/hr consultation), and a tax advice from a (Florida) CPA/EA ($0-$200/hr consultation). Do not consider anything I write here as a legal or tax advice, because it is not. You need a professional to help you because as an Italian, you don't know how things work exactly and relying on rumours and half-truths that you may find and get over the Internet may end up costing you significantly in damages. Also, talk to a reliable real estate agent and property manager before making any purchases.\""}
{"_id": "311951", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.newyorker.com/news/john-cassidy/a-new-way-to-learn-economics) reduced by 86%. (I'm a bot) ***** &gt; A group of economists from both sides of the Atlantic, part of a project called CORE Econ, has put together a new introductory economics curriculum, one that is modern, comprehensive, and freely available online.  &gt; In many countries, groups of students demanded an overhaul in how economics was taught, with less emphasis on free-market doctrines and more emphasis on real-world problems.  &gt; In his highly popular &amp;quot;Principles of Economics,&amp;quot; Harvard&amp;#039;s N. Gregory Mankiw begins by listing a set of ten basic principles, which include &amp;quot;Rational people think at the margin,&amp;quot; &amp;quot;Trade can make everybody better off,&amp;quot; and &amp;quot;Markets are usually a good way to organize economic activity.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zkgmk/a_new_way_to_learn_economics/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~208302 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **economic**^#1 **students**^#2 **CORE**^#3 **more**^#4 **curriculum**^#5\""}
{"_id": "311963", "title": "", "text": "So why is it my problem to worry about people who's situation is worst than mine. Sorry I don't share your humanitarian view but I worry about myself and those close to me.   Trust me I got what you were saying with your scenario, but I don't agree with it. I don't think the government has the right to dictate how someone spends their money or where their money goes.   And obviously the rich don't spend as big of a percentage of their wealth as others, but the overall amount they collectively spend has to be a sizable portion of total consumer spending.  Since you're fan of hypotheticals, here's one for you: Let's say consumer spending for the US is $1B. I would say that 75% of that comes from the top 10% of wealthiest individuals. Do you see my point now?  Get a little more butt hurt that some random person doesn't share the same opinion as you"}
{"_id": "311971", "title": "", "text": "I've read over these responses like a dozen times. It's really cool hearing from a business owner who has experienced things first-hand. Nobody in my family has ever been or known anything about business/stocks/Anything. I'm learning everything from the internet, friends, and now reddit. I'll certainly seek true legal advice but you have no idea how helpful you and every other person on this thread has been. Thank you! I'm all ears to anything else"}
{"_id": "311988", "title": "", "text": "\"I really wish they'd change the title to \"\"corporations\"\".  Companies aren't the only thing that can be corporations and avoid jail.  Other organizations that operate as partnerships or sole proprietors in effect operate as people that can be arrested and put in jail and can't hide the owners and can't contribute unlimited amounts to candidates.\""}
{"_id": "311996", "title": "", "text": "First a few comments: Other benefits: It may not be possible for everybody to max out the 401K on an income of 100K. It would depend on family size, other income, other expenses, other debts..."}
{"_id": "312013", "title": "", "text": "\"Forgive me, I don't know what you mean when you say \"\"its Canada\"\". Are they not a good example of a country that supposedly offers free college but is struggling to do so?   And would the near social implosion that is currently happening in Greece be a better example then?\""}
{"_id": "312015", "title": "", "text": "I see a couple of reasons why you could consider choosing a mutual fund over an ETF In some cases index mutual funds can be a cheaper alternative to ETFs. In the UK where I am based, Fidelity is offering a management fee of 0.07% on its FTSE All shares tracker. Last time I checked, no ETF was beating that There are quite a few cost you have to foot when dealing ETFs In some cases, when dealing for relatively small amounts (e.g. a monthly investment plan) you can get a better deal, if your broker has negotiated discounts for you with a fund provider. My broker asks \u00a312.5 when dealing in shares (\u00a31.5 for the regular investment plan) whereas he asks \u00a30 when dealing in funds and I get a 100% discount on the initial charge of the fund. As a conclusion, I would suggest you look at the all-in costs over total investment period you are considering for the exact amount you are planning to invest. Despite all the hype, ETFs are not always the cheapest alternative."}
{"_id": "312038", "title": "", "text": "But virtually all Americans pay some form of tax, whether it's sales, payroll, state income, or property tax.  I'm glad you mentioned this.  When you say something like Romney only paid 14% taxes, I will point you to this as well."}
{"_id": "312045", "title": "", "text": "\"&gt;more foreign capital would flow in   More capital flowing in to a country that defaults on its payments? Hah, that's a good one!  Brazil defaulted in the 1980s, the result was a lost decade of high unemployment and hyperinflation reaching upwards of 80% **per month**. Same with Argentina, only their hyperinflation was above 200% per month.  There's nothing positive coming from breaking up with the world's monetary system, any positive results that you get could be obtained with much less suffering by doing whatever austerity measures you need in order to honor your debts.  I'm Brazilian and had to go through that situation just as I was starting to work.  Ironically, the labour party is now in power here and Brazil is now a net creditor internationally. AFTER the \"\"evil capitalists\"\" took power and privatized the state corporations the situation started to improve, and the labour party finally managed to be elected and now are reaping the fruits of all that they fought so hard against.  I remember their slogans in the 1989 election campaign: \"\"the external debt is immoral and unpayable\"\", \"\"no to privatization\"\".\""}
{"_id": "312061", "title": "", "text": "&gt; The company\u2019s operation in Michigan reveals how it\u2019s dominated the industry by going into economically depressed areas with lax water laws  Why won't they go to a place where it is more expensive and where laws are stricter? Bastards!!"}
{"_id": "312069", "title": "", "text": "\"Maybe read a bit about Bain from somewhere other than the Obama campaign.  \"\"Reviving companies\"\" was their basic MO, and was exactly what they did to Toys'R'Us, which makes me very suspicious regarding claims that they just ruined Kay-Bee for shits and giggles.\""}
{"_id": "312090", "title": "", "text": "You could have the buyer go to the bank with you so that he can get evidence that the loan will be paid in full and that the lien will be lifted. The bank won't sign over the title (and lift the lien) until the loan is paid back in full. DMV.org has a pretty good section about this. (Note: not affiliated with the actual DMV) Selling to a Private Party Though more effort will be required on your part, selling a car with a   lien privately could net you a higher profit. Here are a few things   you'll need to consider to make the process easier:  Include the   details of the lien in your listing. You'll list an advertisement for   your car just as you would any other vehicle, with the addition of the   lien information that buyers will need so as to avoid confusion.  Sell   in the location of the lienholder, if possible. If the bank or   financial institution holding the lien is located in the area you're   trying to sell, this will make the transaction much easier. Once you   make an agreement with the buyer, you can go directly to the lender to   pay off the existing lien. Ownership can then be transferred in person   from the financial institution to the buyer.  Consider an escrow   service. If the financial institution isn't in your area, an escrow   service can help to ensure a secure transaction. An escrow service   will assume responsibility for receiving payments from the buyer and   will hold the title until the purchase is complete. Advantages of an   escrow service include: Payoff services, which will do most of the   work with the financing institution for you. Title transfer services,   which can help to ensure a safe and legitimate transaction and provide   the necessary paperwork once the sale is complete."}
{"_id": "312092", "title": "", "text": "Monopolies are much more likely to come to power if there is no government. Monopolization is a common result of capitalism. Government is the only entity that can challenge a monopoly.  The wars we do not want are the result of our elections. If we had no military and no government, an outside government/military could invade us. That's a much bigger problem than us going to war in far away places.  Stupid, uneducated people won't go away when there's no government. Currently, they are relatively passive. What happens when they can't afford food and the laws are vague and uncertain? They will riot. Or worse. Revolt. Is your private police force going to shoot them? Imprison them? Who is going to pay for that?  We have far more control over the government than we do over big, multi-national corporations. How do you and I have any influence over Comcast or Bank of America? We are helpless against them. Fortunately, they don't have that much power right now. That would change if they took over the police and court system."}
{"_id": "312104", "title": "", "text": "The advice of Franchise Foundation have benefited a lot of customers as the company is here to offer legal help to the clients about franchising a business San Francisco and tell people about the ways to make this opportunity successful. Keeping in mind the popularity of franchise, knowing how to franchise a business San Francisco proves fruitful and Mr. Franchise from this company offers the best advice to the clients."}
{"_id": "312114", "title": "", "text": "I don't see the reason for this response. It seems the only logical conclusion since the following factors aren't explanatory:       I) resources;       II) environment (excluding Earth natural resources);       III) landlocking;       IV) historical circumstances (excluding evolutionary environ; cf. Clark, 2008);       V) colonial legacy (it's actually predictive of greater success, not less);       VI) badly-drawn borders;       &amp;c. All explanations drawn from common equalitarian tropes seem to fall flat and counter-examples abound. What's more, other differences with a more biological, evolutionary basis are; A) more sensible, and; B) more explanatory."}
{"_id": "312131", "title": "", "text": "\"This arrangement is a scam to get around certain tax and benefits laws, both State and Federal. I know they can't get away with this with a person-as-contractor, but this \"\"he's not a contractor, he's a business owner\"\" may move it into a gray area. (I used to know this stuff cold, but I've been retired for a while.) The fact that they asked you to do this is at all is, IMNSHO, a Red Flag\u00ae. They think that this way they won't be paying 1/2 your FICA, your Workman's Comp, health insurance, overtime, sick leave or vacation time ... you will. A somewhat simplistic rule of thumb for setting contracting rates is to take your targeted annual salary as a full-time, full-benefits employee and double it. So $50,000 becomes $100,000 a year; $25/hour becomes $50/hour. You can tell them that driving to their workplace from your company's location is now a \"\"site visit\"\" and charge them your hourly rate for the one-way commute time. You could also tell them that your company charges 150% for hours worked over 40 hours/week, plus 150% on Saturdays and 200% on Sundays. Your company may also have a minimum 30 days notice of termination with a penalty kicker. Get it all in writing and signed by someone who has the authority to sign it. Also, Get A Lawyer. The most expensive contracts I've ever signed were ones I thought I was smart enough to draw up myself.\""}
{"_id": "312133", "title": "", "text": "That's a big possibility... But they may also be cutting margins and taking advantage of their supply chain and logistics. Given that they're doing this from day 1, it's got to be either cutting margins or taking a short-term loss. If they are using their deep pockets to drive out competition, they should (rightly) attract regulatory attention."}
{"_id": "312147", "title": "", "text": "Well, yeah, but did they affect *everything* equally?  You don't get two houses, one for your extra worker, so it decreases demand for the *number* of houses relative to the number of workers.  A textbook author or journalist authors the same book or newspaper article; it's just printed more times.  It does cause a shift in what types of labor are in demand relative to supply."}
{"_id": "312154", "title": "", "text": "One of my university professors suggested doing this systematically to get access to shareholder meetings where there is typically a nice dinner involved. As long as the stock price + commission is less than the price of a nice restaurant it's actually not a bad idea."}
{"_id": "312166", "title": "", "text": "You should check out Dave Ramsey's Baby Steps.  He has an great and well organized plan for getting out of debt and building wealth.  My wife and I have followed the plan and will be paying off our home this year :)  His advice on debt payments is to pay off the smallest balance first.  This helps motivate you and your husband to push harder on your debts.   Once the first pay is paid the money that would have gone to that debt is applied to the next smallest debt and so on.  This is called a 'debt snowball' since by the end you will have plenty of money to pay that last few debts.  While working on the smallest debt, making minimum payments on the others. Stop using the credit cards entirely! Don't use gimmicks to avoid facing the reality of the debt.  Close your accounts and commit to never borrowing money again. This is a huge physiological shift.  I used credit cards all the time for decades, that is a thing of the past for us, we pay cash or don't buy it.  In your case, paying the 80% interest loan off is likely to be priority.  I didn't even realize that was legal.  Hopefully that is also the smallest balance.   Start making a monthly budget and sticking to it.  Check out Dave's 'irregular income' budget form, it is meant for couples in your situation.  The first steps will be to pay food, rent, utilities and transportation.  After that, list your debts in priority order and pay them as your husbands income comes in during the month.  Don't despair, you two can get your financial life cleaned up! You just need a good plan and a lot of focus."}
{"_id": "312191", "title": "", "text": "How would I go about doing this? Assuming you had purchased the house by funding from your NRE account, you can easily move back the 30K into NRE Account and out of India from NRI Account. The 30K profit would be taxed in India as per capital gains and can only be moved into NRO account. A CA would need to certify that appropriate taxes have been withheld before the bank will release the funds for repatriation out of India. There is also a limit [large 1 million USD] on how much funds can be moved out of India. Consult a CA who would help you with the formalities. If you have not funded the purchase from NRE account, the entire proceeds should be into NRO account and then move funds from there."}
{"_id": "312211", "title": "", "text": "There are several things that are missing from your estimate: The terms for the mortgage for a rental property will be different. You may be required to have a larger down payment. When approving you for the mortgage they will not count all the rental income as income, they will assume periodic vacancies. This difference may impact other credit you will be getting in the near future."}
{"_id": "312212", "title": "", "text": "Both of the other posters have some really good points worth remembering about the stability/liquidity of a savings account and the often overlooked fact that you can withdraw any money you put in to a Roth IRA because it's already been taxed. I'm 28 and found myself in a similar situation as you about a year or so ago. I wanted a relatively liquid place that I could store and grow some money. CD's and Savings accounts just weren't getting a high enough rate to make a return work for me, especially with only a little money to start. I would highly suggest checking out a social lending platform like Prosper.com or Lendingclub.com. I use Prosper.com and this platform will give you some really nice benefits: Here's a good article that can explain more about it and get you started: http://www.financialsamurai.com/investing-in-peer-to-peer-lending-with-prosper-com/ just keep in mind that while there is some liquidity here (you can resell the notes you invest in) generally speaking expect to hold on to those notes for at least 3 years (your share of the paid principal gets paid out to you in addition to the interest each month.)"}
{"_id": "312226", "title": "", "text": "Exactly.  That's one of my biggest issues with my company.  People seem to think they have a guaranteed job for life and only learn their narrow little task.  Many of them push buttons and have no understanding of the task they are performing...they just follow the instructions someone gave them and don't think beyond that.  I work in accounting and the woman who sits across from me knows nothing about using Excel.  When I suggested that she take a class or read a book, she threw a fit.  In her opinion, if the company wants her to use a program, they should hold her hand and spoonfeed the training to her.  These are the ones who will be out of a job sooner or later and find out they have no skills that will transfer to another position."}
{"_id": "312235", "title": "", "text": "\"put a fake \"\"foreclosure notice\"\" on your door.\""}
{"_id": "312242", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/the-big-idea/2017/6/23/15855342/immigrants-wages-trump-economics-mariel-boatlift-hispanic-cuban) reduced by 96%. (I'm a bot) ***** &gt; So we should look separately at what happened to wages for each of those groups of low-skill workers who might compete with the immigrants more directly: men only, non-Cuban Hispanics only, prime-age workers only.  &gt; There is not sufficient evidence to show that Cuban immigrants reduced any low-skill workers&amp;#039; wages in Miami, even small minorities of them, and there isn&amp;#039;t much more that can be learned about the Mariel boatlift with the data we have.  &gt; David Card&amp;#039;s canonical conclusion stands In sum, the evidence from the Mariel boatlift continues to support the conclusion of David Card&amp;#039;s seminal research: There is no clear evidence that wages fell among the least-skilled workers in Miami, even after a sudden refugee wave sharply raised the size of that workforce.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6j48za/theres_no_evidence_that_immigrants_hurt_any/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~151149 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **work**^#2 **Miami**^#3 **low-skill**^#4 **boatlift**^#5\""}
{"_id": "312248", "title": "", "text": "\"You obviously pay your taxes in Switzerland and are employed (judging from your comments on your maximum possible contribution to the 3. S\u00e4ule). Under these circumstances, your best best may well be to pay into the occupational pension system (\"\"Einkauf in die 2. S\u00e4ule\"\"). Essentially, you can add funds to your pension plan to match non-existent employer contributions from times you spent studying etc. The 2. S\u00e4ule is usually defensively invested in bonds, so it's not a completely secure investment. In addition, it's a pretty fixed investment, since you can only get your money out if you buy a house or leave Switzerland for good. However, your entire payment into the 2. S\u00e4ule is tax deductible, so the tax effect in itself should be a very attractive bit of \"\"interest\"\". Your pension plan can inform you about the maximum possible Einkauf.\""}
{"_id": "312260", "title": "", "text": "Yodlee will also work. I asked a similar question (and provided answers) here. Thrive, so far, is the best in my opinion. Their tech support is top notch and their UI is far superior to Yodlee's (which provides the backend for Mint)."}
{"_id": "312316", "title": "", "text": "Freedom of religion is fine, except islam isn't a religion, it's a terrorist organization. It's just been mis-classified but a lot of people are waking up right now and realizing it.   This isn't about me being a racist, this is about me not wanting any more innocent people to get their heads cut off, blown the fuck up, or hit with hammers, in the name of fucking Allah."}
{"_id": "312321", "title": "", "text": "We provide Wedding Bridal Chura &amp; Kalire in various desired colors. We are one of the renowned manufacturer and exporter from India. We sell all Wedding Bridal products at the most affordable price. No body offers on this price such a good quality of Bridal Bangles and Kalire. We make bridal chura in all sizes such as 2.2, 2.4, 2.6, 2.8, 2.10, 2.12 &amp; 2.14.  http://mybridalshoppe.com/"}
{"_id": "312332", "title": "", "text": "No one on here will be able to tell you if now is a good or bad time because that would require them to speculate on the future FX rate, if you want a guess try to find some forward FX rates and see but tbh its not worth doing for your situation instead of trying to speculate on the FX rate you would be better off exchanging asap and investing if your worried about making the most of the money.."}
{"_id": "312342", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-25/with-economy-almost-home-poloz-treads-carefully-on-rate-path) reduced by 88%. (I'm a bot) ***** &gt; The Canadian economy is almost home, according to the nation&amp;#039;s central bank, but Stephen Poloz is trying to make sure the roof doesn&amp;#039;t cave in.  &gt; The economy is in a &amp;quot;Sweet spot&amp;quot; where it &amp;quot;Could be capable of generating more non-inflationary growth than we are assuming,&amp;quot; Poloz said in a press conference following the rate decision.  &gt; Excess capacity in the labor market suggests little risk of inflation overheating in the near term, said Poloz, who highlighted involuntary part-time workers, subdued work force participation among youths, lower than expected hours worked and softness in wage growth as signs the economy has further room for improvement.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78t6fn/with_economy_almost_home_poloz_is_treading/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~235204 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **growth**^#1 **bank**^#2 **rate**^#3 **economy**^#4 **expects**^#5\""}
{"_id": "312344", "title": "", "text": "Venture Capital as others have said is one way. Another way is to become very involved in your start-up community. Go to the events, meet people...etc. Generally you will find that most of the individuals do not have a finance background and may want help from you.   This is one of the ways I stay involved in startups."}
{"_id": "312349", "title": "", "text": "Making the company isn't what the fuss is about. Charging yourself 'fees' through that company so that you don't how to pay out the director whose contract is on the *net* of profits is what the fuss is about.  I'm surprised that with millions of dollars on the line they don't sue, setting a precedent for these sham fees for all studios."}
{"_id": "312358", "title": "", "text": "\"But it's also true that the FDIC (or equivalent) insurance account doesn't have enough to cover all deposits.  The FDIC may come in handy if your local FDIC member bank goes belly up and a few hundred depositors need to be made whole.  However, in a national crisis, where the government is \"\"legally\"\" stealing funds, that FDIC insurance is a joke.  I do agree though, if you have more than the insured amount in a single account, split it up.\""}
{"_id": "312359", "title": "", "text": "There are many considerations before deciding on the best place for your funds: How liquid do you need the funds to be?   If this is for an emergency fund I would keep at least some in an account that you have instant access to,  What is your risk (volatility) tolerance? Would you be OK with the value dropping by as much as 30% in a year knowing that over time you'll probably earn 8-12% on it?  If not, then equity funds or other stock investments are probably not the best move for you. Do you need the funds now or are they for long-term (retirement) savings? Are you eligible to fund an IRA? That would defer your taxes until you withdraw the funds from the account, but there are age restrictions that you must heed to avoid penalties. Are CDs a good idea? They do pay decent interest, but in return for that you lock up your funds for a set period of time.  All that to say that there are many facets to determining the best place for your funds.  If you provide more specifics you can get a more specific answer."}
{"_id": "312361", "title": "", "text": "I would suggest talking to your parents about potentially co-signing on the loan with you. Just make sure that you are the primary holder of the loan. Sure, there is some risk for your parents, but they know you better than anyone so let them make the decision if they want to help you or not.  If for some reason they can't help you, such as they've declared bankruptcy, then following the other answers' advice is the way to go."}
{"_id": "312369", "title": "", "text": "Congratulations on your raise! Is my employer allowed to impose their own limit on my contributions   that's different from the IRS limit? No. Is it something they can limit at will, or are they required to allow   me to contribute up to the IRS limit? The employer cannot limit you, you can contribute up to the IRS limit. Your mistake is in thinking that the IRS limit is 17K for everyone. That is not so. You're affected by the HCE rules (Highly Compensated Employees). These rules define certain employees as HCE (if their salary is significantly higher than that of the rest of the employees), and limit the ability of the HCE's to deposit money into 401k, based on the deposits made by the rest of the employees. Basically it means that while the overall maximum is indeed 17K, your personal (and other HCE's in your company) is lowered down because those who are not HCE's in the company don't deposit to 401k enough. You can read more details and technical explanation about the HCE rules in this article and in this blog post."}
{"_id": "312386", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://fortune.com/2017/07/06/coinbase-irs-summons/) reduced by 68%. (I'm a bot) ***** &gt; &amp;quot;DOJ trial attorney Amy Matchison said at a court hearing before U.S. Magistrate Judge Jacqueline Scott Corley Thursday that the IRS has been in talks with Coinbase about narrowing its request to only items the agency would need to look for unreported income,&amp;quot; reported The Recorder, a legal site that reported on the hearing.  &gt; The agency has stated that only 802 people declared gains or losses related to bitcoin in 2015.In a email, Coinbase declined to comment on the IRS&amp;#039;s reported decision not to seek passwords, and referred Fortune to a blog post from March in which the company said it is pushing the agency to reduce the scope of the probe.  &gt; When news of the IRS probe first emerged, some legal observers predicted the agency&amp;#039;s demands for all of Coinbase&amp;#039;s customer records was just a negotiating tactic, and that it would ultimately ask for only a portion of them.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lsekz/irs_says_it_will_limit_bitcoin_auditsbut_only_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~161341 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Coinbase**^#1 **IRS**^#2 **agency**^#3 **customer**^#4 **account**^#5\""}
{"_id": "312405", "title": "", "text": "I also prefer to crunch the numbers myself. Here are some resources:"}
{"_id": "312406", "title": "", "text": "This is the chart going back to the first full year of this fund.  To answer your question - yes, a low cost ETF or Mutual fund is fine. Why not go right to an S&P index? VOO has a .05% expense. Why attracted you to a choice that lagged the S&P by $18,000 over this 21 year period?  (And yes, past performance, yada, yada, but that warning is appropriate for the opposite example. When you show a fund that beat the S&P short term, say 5 years, its run may be over. But this fund lagged the S&P by a significant margin over 2 decades, what makes you think this will change?"}
{"_id": "312411", "title": "", "text": "\"&gt;The currencies pay people for mining  Why do you think people mine? What is the function of \"\"mining\"\"?  &gt;There is no reason financial institutions couldn't create their own closed-network to recordkeep transactions using block chain but without a cryptocurrency.  Walk me through how that looks. This would be a node based system right? Not a client-server model?\""}
{"_id": "312415", "title": "", "text": "&gt;You are watching the wrong stuff. TV is in a Golden Age.  I agree, but at the same time the bottom-end of the programming spectrum is taking a nose dive. For every Mad Men or Breaking Bad there's five Jersey Shores or Khardashian-grade toxic waste. The divergence is wider now than ever. Personally, I don't really mind because I barely have time to watch the good stuff anyway, but I otherwise weep for humanity."}
{"_id": "312436", "title": "", "text": "You said all public employees should be required to fly coach. I never claimed more than that in my response. I simply pointed out why this was a silly thing to get worked up over.  You didn't explain what you did. Nor does it matter.  Again, tax dollars and union dues are two very different things. Just like private company profit is different.  You can have an opinion on tax dollars.  Union practices are none of your business unless you're paying dues."}
{"_id": "312445", "title": "", "text": "The best way I know of is to join an investment club.  They club will act like a mutual fund, investing in stocks researched and selected by the group.  Taking part in research and presenting results to the group for peer review is an excellent way to learn.  You'll learn what is a good reason to invest and what isn't. You'll probably pick both winners and losers. The goal of participation is education.  Some people learn how to invest and continue happily doing so. Others learn how to invest in single stocks and learn it is not for them."}
{"_id": "312458", "title": "", "text": "There are many facets to the question of why HP is failing so miserably, but if you ask me it comes down to the many failing companies that they have acquired over the years. Compaq, Palm, etc. It seems like HP loves to scoop up companies on the downswing, spends billions for them, and then quietly kills them off with seemingly no advantage to HP. Granted, this is an outsiders point of view but I never thought that Compaq or Palm were good fits for HP, other than knocking another competitor out of the playing field, but when you pay billions for a competitor, it just makes the payoff that much less."}
{"_id": "312471", "title": "", "text": "There is a BWW down the road from me. There's also a local gastropub down the road that has wings that are just as good as BWW if not better. The local gastropub is cheaper, has better happy hour specials, has a better atmosphere, treats their workers well and is locally owned.   Why on Earth would I go to BWW? Really not hard to understand."}
{"_id": "312475", "title": "", "text": "Because their chicken is neither soggy or bland and they have spectacular customer service.  It's a very very customer service driven chain and they have stayed private to retain control on who franchises.  Pick a lunch there sometime during peak and you will be amazed at the volume, service, and quality during peak (something that dips strongly at most other stores across the board)."}
{"_id": "312493", "title": "", "text": "When you itemize your deductions, you get to deduct all the state income tax that was taken out of your paycheck last year (not how much was owed, but how much was withheld). If you deducted this last year, then you need to add in any amount that you received in state income tax refunds last year to your taxes this year, to make up for the fact that you ended up deducting more state income tax than was really due to the state.  If you took the standard deduction last year instead of itemizing, then you didn't deduct your state income tax withholding last year and you don't need to claim your refund as income this year. Also, if you itemized, but chose to take the state sales tax deduction instead of the state income tax deduction, you also don't need to add in the refund as income.  For whatever reason, Illinois decided that you don't get a 1099-G. It might be that the amount of the refund was too small to warrant the paperwork. It might be that they screwed up. But if you deducted your state income tax withholding on last year's tax return, then you need to add the state tax refund you got last year on line 10 of this year's 1040, whether or not the state issued you a form or not.  Take a look at the Line 10 instructions  starting on page 22 of the 1040 instructions to see if you have any unusual situations covered there that you didn't mention here. (For example, if you received a refund check for multiple years last year.) Then check your tax return from last year to verify that you deducted your state income tax withholding on Schedule A. If you did, then this year add the refund you got from the state to line 10 of this year's 1040."}
{"_id": "312498", "title": "", "text": "The quality of the discs generated through this process is definitely higher than the quality of the discs produced through duplication. On the contrary, in the process of CD/DVD replication, each disc is paid individual attention and the result is no compatibility issues and no lags too.Some clients might take this as lack of professionalism, but on the contrary, there is no such issue related to those being replicated."}
{"_id": "312515", "title": "", "text": "You should check directly with the seller. I suspect you will find they have not recieved any money. Paypal tend to hang on to money as long as possible in all transactions, and will do anything to avoid giving out cash before it has come in."}
{"_id": "312535", "title": "", "text": "he was installed when the bottom was falling. He hadn't much to do with the Stock value plummeting. From what I recall he also took a $1 salary his first year in the position. Although, I'm not a big fan of this bank I will say that he has improved their outlook since he has been the head."}
{"_id": "312540", "title": "", "text": "Yeah it's called the Fed buying shit mortgages that the banks invented to make money, then got bailed out on 100 cents on the dollar for, and with an underhanded deal that the banks will then buy Treasury bills with the magically prestidigitated money the Fed creates out of nothing that the banks receive in order to prop up federal debt prices, and thus keep interest rates down, so the dollar can limp along a little while longer until the bottom drops out because they are out of ways to keep the money cheap because at some point government debt will become massively discounted no matter what they do.  Only, how does this bizarre circlejerk process end?  It ends with consumption ramped up consuming things for a large war, is how it ends.  Edit: I'm wasted.  Fuck you."}
{"_id": "312577", "title": "", "text": "\"The curriculum is effectively 99% identical year by year. If you do a Google search for the changes by year, the CFA Institute will post changes in the \"\"Learning Outcome Statements.\"\" However, I believe when you register for the exam, you have to buy the associated books. But you can safely browse old books if you want to explore more before making the plunge.\""}
{"_id": "312591", "title": "", "text": "\"Funds - especially index funds - are a safe way for beginning investors to get a diversified investment across a lot of the stock market. They are not the perfect investment, but they are better than the majority of mutual funds, and you do not spend a lot of money in fees. Compared to the alternative - buying individual stocks based on what a friend tells you or buying a \"\"hot\"\" mutual fund - it's a great choice for a lot of people. If you are willing to do some study, you can do better - quite a bit better - with common stocks. As an individual investor, you have some structural advantages; you can take significant (to you) positions in small-cap companies, while this is not practical for large institutional investors or mutual fund managers.  However, you can also lose a lot of money quickly in individual stocks. It pays to go slow and to your homework, however, and make sure that you are investing, not speculating. I like fool.com as a good place to start, and subscribe to a couple of their newsletters. I will note that investing is not for the faint of heart; to do well, you may need to do the opposite of what everybody else is doing; buying when the market is down and selling when the market is high. A few people mentioned the efficient market hypothesis. There is ample evidence that the market is not efficient; the existence of the .com and mortgage bubbles makes it pretty obvious that the market is often not rationally valued, and a couple of hedge funds profited in the billions from this.\""}
{"_id": "312595", "title": "", "text": "If there are no jobs they can save and plan their escape to someplace with jobs. You can double down and work a high risk high $ job like mining or an oil rig until you save enough to work a safer job.   Nothing constrains you in the US"}
{"_id": "312600", "title": "", "text": "If you hold stock in a traditional IRA and sell a covered call against that stock, the premium received for writing that call belongs to the IRA just as would any other gain, dividend, or interest.  It is not a contribution but simply adds to the balance in the IRA.  The nature of the gain (capital or ordinary) is not relevant since all parts of the IRA balance are treated the same when funds are (eventually) withdrawn."}
{"_id": "312618", "title": "", "text": "\"There are two factors in your credit score that may be affected. The first is payment history. Lenders like to see that you pay your bills, which is the most straightforward part of credit scores IMO. If you've actually been paying your bills on time, though, then this should still be fine. The second factor is the average age of your open accounts. Longer is considered better here because it means you have a history of paying your bills, and you aren't applying for a bunch of credit recently (in which case you may be taking on too much and will have difficulties paying them). If this card is closed, then it will no longer count for this calculation. If you don't have any other open credit accounts, then that means as soon as you open another one, your average age will be one day, and it will take a long time to get it to \"\"good\"\" levels; if you have other matured accounts, then those will balance out any new accounts so you don't get hit as much. Incidentally, this is one of the reasons why it's good to get cards without yearly fees, because you can keep them open for a long time even if you switch to using a different card primarily.\""}
{"_id": "312619", "title": "", "text": "\"Would the net effect *really* be worse, though?  If everyone stopped paying back loans, and banks stopped lending, people would have to live within their means.  Prices would fall, and nobody would be in debt slavery for the rest of their lives.  As for allocating capital to new businesses, there would still be the option of a Kickstarter-like model, plus both private and public equity (and the rules could be changed so there could be more than 500 investors without being forced public).  A lot of options currently on the table would disappear, sure, but on balance, would it actually be worse?  As both government and Wall Street say it's bad, that seems to automatically suggest the opposite.  There has been a push to make it a crime to walk away from a mortgage, even though banks get the house back!  The fact that they desperately tried to paint it as \"\"morally wrong\"\" to walk away from a mortgage is a big red flag.  In any case, this is all going to be reshuffled in the near future, because of automation.  There won't be a need to borrow when your material needs are automatically met; and there won't be much of a point to promising your labor when machines are doing the jobs already.  The transition to a post-scarcity economy over the next 20 years is going to be interesting.\""}
{"_id": "312625", "title": "", "text": "According to TurboTax: You report the income in the year you received it... Therefore, since you received payment in 2017, you will report it on your 2017 tax return."}
{"_id": "312626", "title": "", "text": "Use your line of credit (LOC) to purchase more investments (non RRSP). That way, all of your LOC interest use to purchase those investments becomes tax deductible. Then use the money from your tax return to pay down the LOC."}
{"_id": "312637", "title": "", "text": "The BPO companies provide round-the-clock service to cater the customer\u2019s requirement. The majority of good BPO companies provide 24/7 service, in order answer the queries and concerns of their client\u2019s end customers. These experts are fully-trained and they do a regular follow-up for the complaint raised by the customers and do their best for resolving the customer\u2019s complaint to his satisfaction."}
{"_id": "312657", "title": "", "text": "[Reddit $20 million in revenue in 2016](https://www.recode.net/2016/4/28/11586522/reddit-advertising-sales-plans), is valued at $1.8 billion?  I think this has more to do with our near zero interest rates world, and capital chasing returns in the stock market casino, than any rational business valuation.  What goes up ......."}
{"_id": "312679", "title": "", "text": "Here's the best explanation I found relating to why your T4 box 39 might not have an amount filled in, even when box 38 has one: Department of Finance \u2013 Explanatory Notes Relating to the Income Tax Act [...]. It's a long document, but here's the part I believe relevant, with my emphasis: Employee Stock Options ITA 110(1)   [...]   Paragraph 110(1)(d) is amended to include a requirement that the   employee [...] exercise the employee\u2019s rights under the stock   option agreement and acquire the securities underlying the agreement   in order for the deduction in computing taxable income to be   available [...] ensures that   only one deduction is available in respect of an employment benefit. In other words, if employee stock option rights are surrendered to an   employer for cash or an in-kind payment, then (subject to new   subsections 110(1.1) and (1.2)) the employer may deduct the payment   but the employee cannot claim the stock option deduction. Conversely,   where an employer issues securities pursuant to an employee\u2019s exercise   of stock options, the employer can not deduct an amount in respect of   the issuance, but the employee may be eligible to claim a deduction   under paragraph 110(1)(d). Did you receive real shares based on your participation in the ESPP, or did you get a cash payment for the net value of shares you would have been issued under the plan? From what I can tell, if you opted for a cash payment (or if your plan only allows for such), then the part I emphasized comes into play. Essentially, if conditions were such that your employer could claim a deduction on their corporate income tax return for the compensation paid to you as part of the plan, then you are not also able to claim a similar deduction on your personal income tax return. The money received in that manner is effectively taxed in your hands the same as any bonus employment income would be; i.e. it isn't afforded tax treatment equivalent to capital gains income. Your employer and/or ESPP administrator are best able to confirm the conditions which led to no amount in your box 39, but at least based on above you can see there are legitimate cases where box 38 would have an amount while box 39 doesn't."}
{"_id": "312692", "title": "", "text": "\"&gt; Sweden is on the verge of a housing bubble   So now we are not taking about economy, but real estate?   I am think you might be getting tax policy confused with real estate stability. After all, your [Bahamas](https://www.globalpropertyguide.com/Caribbean/Bahamas/Price-History) is not exactly real estate stable right now.  Look, I get the fact you don't like taxes. If I were to guess, you are living at the edge of your budget and really feel those income taxes. You are angry, and think this \"\"liberal agenda\"\" is what is holding you back.   The problem is that the opposite holds true. It is no coincidence that many liberal countries do well economically. When people's basic needs are taken care of, they have much more freedom to create and innovate.   And they opposite is true too. Kansas just underwent a huge tax experiment, and had one of the biggest, business friendly, tax cuts in recent history. Instead of spring growth, it actually hurt the economy. They weren't from a hundred million surplus in their budget to an almost $2B defecit overnight. The economy didn't explode either, it lagged.   Meanwhile, it's close but more liberal neighbor Missouri faired better even though they didn't change their tax policy. What is the difference? People tend to do better when they know their basic needs are going to be covered.  I would recommend you take some time to actually go visit these countries that you look down on for their stringent tax policy. Go talk to their people - *in* their country. I think you are forming opinions based on our experiences, which don't exactly reflect all experiences.\""}
{"_id": "312703", "title": "", "text": "The Greece debt crisis started after the Global financial crisis. Let's say 2008 they were indebted with 103 % of their annual Economic Output ( GDP ). This rose to 175 % of GDP in 2013. Different reasons.   * their GDP dropped about 1/3 from '08-&gt;'13 * economy based on olive oil and tourism was unsustainable * huge public service sector ( military and ministries)   Greece could not be trusted to pay back loans, so the European Union had to jump in to be a lender of last resort. In the middle of this year, they finally offered the first tranche of treasuries. So they are slowly coming back to be stabilized.  But Change is slow. They are still above 175 % of GDP in debt. They still have negative growth and they still need to rely on help from Allies.   Now that the German elections are over, you might hear something about the crisis again. I think there is supposed to be negotiations about future aid for Greece.  Greece already had substantial hidden debt cuts( extension of their bay back period and so on). But you since it is a political subject, you can only do so much till the politicians start to fear a backlash from their constituents."}
{"_id": "312752", "title": "", "text": "&gt; I'm not so sure that performance measurement of students is all that difficult  You assume that student performance is a good proxy for teacher performance. One of the bigger influences on student performance is parent engagement (particularly the parent engagement that happens prior to school age, but also the engagement once they're in school). Often these differences run along socioeconomic lines, and schools are generally divided on neighborhood lines with students attending the school closest to their home.  If you judge based on student performance, you'll likely assume that the teachers in the richer neighborhoods are better (students perform better on standardized tests, students are more likely to graduate high school and even go on to college, etc). The fact is, there's a lot of good teachers who take the hard jobs because even a little improvement can go a long way. Put those same teachers in the richer neighborhoods and you might judge things differently."}
{"_id": "312753", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-debt-mulvaney-idUSKBN1962BR?il=0) reduced by 75%. (I'm a bot) ***** &gt; WASHINGTON The White House has not settled on a plan for working with Congress to raise the federal debt limit, U.S. budget director Mick Mulvaney said on Thursday, even as the deadline loomed for the government to increase its borrowing authority.  &gt; The White House has sent mixed signals on how the debt limit should be handled by lawmakers.  &gt; Mulvaney, a conservative Republican, was well known for pushing to use the debt limit as leverage to get spending cuts during his time in Congress before he was tapped to be budget director.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hh0dy/white_house_does_not_yet_have_plan_on_debt_limit/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~145260 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **limit**^#2 **Mulvaney**^#3 **Congress**^#4 **White**^#5\""}
{"_id": "312765", "title": "", "text": "&gt;But suppose all the employers do this, so now there are no employer-provided health plans,  Which means the insurance bought by employees must get a whole lot cheaper, I guess, as there would be direct competition and lots of shopping around.  &gt;, and ten or twenty years down the line they've all just taken advantage so that wages haven't kept up  So the employers suddenly don't need to compete on the employee marketplace? I mean in times with high unemployment not, but this is orthogonal to this - in times with high unemployment they don't need to compete with benefits either, I guess?  Although in reality I agree with you, let me offer a different but supporting perspective: it is much easier to haggle a salary than to haggle anything else. I've always lived in European countries with different amounts of government-mandated paid holidays and I have never ever heard of a person who succesfully haggled a week of extra holiday in his package, or a VIP-level additional private health insurance above the basic social-security-paid one (the one that gets people more comfortable hospital rooms and better hospital food etc. - if people buy it here, they always buy it privately, not by the employer),  or really anything but money. The only extra I ever heard about is the private usage of a company car, and even that is rare, and that has more to do with easier accounting than anything else. Sometimes people get lunch tickets, but that is usually because they are tax-free.  I don't know why, but it seems to be the general law: either the government mandates some non-monetary benefit, or the employer decides to provide it because of competition, but people privately can pretty much never haggle for it, not even when they are badly needed. Strange.  A possible explanation: business are used to buying stuff with a simple monetary price. As a buyer, you have no other responsibilities than to pay. For example a programming company will not demand that the client gives them a detailed specification, they will gladly write one, for a price. So if anyone comes and tries to sell something, and wants anything else but money, it gets weird. And I figure it is the same for employees."}
{"_id": "312797", "title": "", "text": "Interesting to see that Amazon is blamed for gentrification in Seattle.  That means more people with more money to put into real estate in previously cheap neighborhoods.  The alternative is to not pay your staff as much.  I would think that paying employees enough to buy and fix homes is a good thing."}
{"_id": "312798", "title": "", "text": "As opposed to our constant and unrelenting inflation, yes.  Under normal circumstances, I'd rather neither.  But honestly, right now, yes I think deflation would not be terrible.  As I said, prices would decrease, it would ease the burden on lots of families and it would take years of non-stop deflation before wages fell.  So yes, in the short term."}
{"_id": "312801", "title": "", "text": "I definitely want it, all of my cash that i've accumulated goes into my brokerage but I just wanted to check that in can be done.  I just wanted to see if anyone knew anyone personally or anything like that because most of the time it's people e-bragging or bullshitting to make them seem like something.  I also wanted to see if it is still feasible with all of the algo trading and stuff that has been dominating the market versus an individual trader.  Thanks for your reply though, I like the analogy a lot."}
{"_id": "312811", "title": "", "text": "\"Share sales & purchases are accounted only on the balance sheet & cash flow statement although their effects are seen on the income statement. Remember, the balance sheet is like a snapshot in time of all accrued accounts; it's like looking at a glass of water and noting the level.  The cash flow and income statements are like looking at the amount of water, \"\"actually\"\" and \"\"imaginary\"\" respectively, pumped in and out of the glass. So, when a corporation starts, it sells shares to whomever.  The amount of cash received is accounted for in the investing section of the cash flow statement under the subheading \"\"issuance (retirement) of stock\"\" or the like, so when shares are sold, it is \"\"issuance\"\"; when a company buys back their shares, it's called \"\"retirement\"\", as cash inflows and outflows respectively. If you had a balance sheet before the shares were sold, you'd see under the \"\"equity\"\" heading a subheading common stock with a nominal (irrelevant) par value (this is usually something obnoxiously low like $0.01 per share used for ease of counting the shares from the Dollar amount in the account) under the subaccount almost always called \"\"common stock\"\".  If you looked at the balance sheet after the sale, you'd see the number of shares in a note to the side. When shares trade publicly, the corporation usually has very little to do with it unless if they are selling or buying new shares under whatever label such as IPO, secondary offering, share repurchase, etc, but the corporation's volume from such activity would still be far below the activity of the third parties: shares are trading almost exclusively between third parties. These share sales and purchases will only be seen on the income statement under earnings per share (EPS), as EPS will rise and fall with stock repurchases and sales assuming income is held constant.  While not technically part of the income statement but printed with it, the \"\"basic weighted average\"\" and \"\"diluted weighted average\"\" number of shares are also printed which are the weighted average over the reporting period of shares actually issued and expected if all promises to issue shares with employee stock options, grants, convertibles were made kept. The income statement is the accrual accounts of the operations of the company.  It has little detail on investing (depreciation & appreciation) or financing (interest expenses & preferred dividends).\""}
{"_id": "312813", "title": "", "text": "Well first off these are supply chain workers striking, not cashiers. And while I agree that all of the skills you describe are useful for smaller stores, Wallmart has devised systemic solutions like loss prevention departments and more registers to compensate for slow, unobservant cashiers."}
{"_id": "312819", "title": "", "text": "There is little difference.  A paycheck is a type of check used to pay wages.  These days many people opt for direct deposit.  So, the term paycheck can also refer to the payment itself: 1: a check in payment of wages or salary 2: wages, salary http://www.merriam-webster.com/dictionary/paycheck"}
{"_id": "312820", "title": "", "text": "\"You sound like Mayor Bloomberg crying to Occupiers not to \"\"be so hard\"\" on the banks, because they're \"\"job creators\"\". If they're a crappy company, we don't need their crappy jobs.  Think of all the unfortunate hedge fund managers who lost their jobs in 2008.  Shed any tears for them?  I couldn't name you half a dozen people that would shed even one.\""}
{"_id": "312821", "title": "", "text": "\"Everything that I'm saying presumes that you're young, and won't need your money back for 20+ years, and that you're going to invest additional money in the future. Your first investments should never be individual stocks. That is far too risky until you have a LOT more experience in the market. (Once you absolutely can't resist, keep it to under 5% of your total investments. That lets you experiment without damaging your returns too much.) Instead you would want to invest in one or more mutual funds of some sort, which spreads out your investment across MANY companies. With only $50, avoiding a trading commission is paramount. If you were in the US, I would recommend opening a free online brokerage account and then purchasing a no-load commission-free mutual fund. TD Ameritrade, for example, publishes a list of the funds that you can purchase without commission. The lists generally include the type of fund (index, growth, value, etc.) and its record of return. I don't know if Europe has the same kind of discount brokerages / mutual funds the US has, but I'd be a little surprised if it didn't. You may or may not be able to invest until you first scrape together a $500 minimum, but the brokerages often have special programs/accounts for people just starting out. It should be possible to ask. One more thing on picking a fund: most charge about a 1% annual expense ratio. (That means that a $100 investment that had a 100% gain after one year would net you $198 instead of $200, because 1% of the value of your asset ($200) is $2. The math is much more complicated, and depends on the value of your investment at every given point during the year, but that's the basic idea.) HOWEVER, there are index funds that track \"\"the market\"\" automatically, and they can have MUCH lower expense fees (0.05%, vs 1%) for the same quality of performance. Over 40 years, the expense ratio can have a surprisingly large impact on your net return, even 20% or more! You'll want to google separately about the right way to pick a low-expense index fund. Your online brokerage may also be able to help. Finally, ask friends or family what mutual funds they've invested in, how they chose those funds, and what their experience has been. The point is not to have them tell you what to do, but for you to learn from the mistakes and successes of other experienced investors with whom you can follow up.\""}
{"_id": "312831", "title": "", "text": "Incorrect. However, as the head of the organization, he bears the lion's share of responsibility for what the organization does or fails to do.  At the very least he has displayed a criminal level of negligence and incompetence. I find it hard to believe that someone so incompetent would be selected to run a multi-billion dollar enterprise, which leads me to believe that there is some level of complicity between Corzine and those who were more directly in charge of this fraud."}
{"_id": "312871", "title": "", "text": "True economy consists in always making the income exceed the out-go. Wear the old clothes a little longer if necessary; dispense with the new pair of gloves; mend the old dress; live on plainer food if need be; so that, under all circumstances, unless some unforeseen accident occurs, there will be a margin in favor of the income. A penny here, and a dollar there, placed at interest, goes on accumulating, and in this way the desired result is attained. It requires some training, perhaps, to accomplish this economy, but when once used to it, you will find there is more satisfaction in rational saving, than in irrational spending. Here is a recipe which I recommend; I have found it to work an excellent cure for extravagance, and especially for mistaken economy: When you find that you have no surplus at the end of the year, and yet have a good income, I advise you to take a few sheets of paper and form them into a book and mark down every item of expenditure. Post it every day or week in two columns, one headed \u201cnecessaries\u201d or even \u201ccomforts,\u201d and the other headed \u201cluxuries,\u201d and you will find that the latter column will be double, treble, and frequently ten times greater than the former. The real comforts of life cost but a small portion of what most of us can earn. Dr. Franklin says \u201cit is the eyes of others and not our own eyes which ruin us. If all the world were blind except myself I should not care for fine clothes or furniture.\u201d It is the fear of what Mrs. Grundy may say that keeps the noses of many worthy families to the grindstone. In America many persons like to repeat \u201cwe are all free and equal,\u201d but it is a great mistake in more senses than one."}
{"_id": "312890", "title": "", "text": "What are your thoughts on companies like Gilead Sciences and Danaher? Over decades they have shown to make astute acquisitions.   Do you believe such companies have an institutional decision-making framework that fights against the principal-agent problem you are alluding to?  For context:  Around the turn the century Gilead bought an HIV drug that became the backbone of a combination therapy they used to gain &gt;90% market share for more than a decade and a half. Second, circa 2013, they bought Pharmasset for ~$11 billion, and since 2014, drugs containing Pharmasset's backbone generated greater than $40 billion in revenue for Gilead."}
{"_id": "312893", "title": "", "text": "With the formula you are using you assume that the issued bond (bond A) is a perpetual. Given the provided information, you can't really do more than this, it's only an approximation.  The difference could be explained by the repayment of the principal (which is not the case with a perpetual). I guess the author has calculated the bond value with principal repayment.  You can get more insight in the calculation from the excel provided at this website: http://breakingdownfinance.com/finance-topics/bond-valuation/fixed-rate-bond-valuation/"}
{"_id": "312901", "title": "", "text": "This is no surprise whatsoever...   1. Cisco Products we bought 2 years ago are broken in new internet browsers (not a problem on TPLink or DLink). If it was price competitive, it would be ok, but Cisco aren't!   2. We needed 35 large switches for a job. Cisco's pricing was DOUBLE the pricing of TPLink. Cisco was not willing to match (and must be incredibly arrogant to believe that their products are that amazing)    3. Easy-To-Deal-With Distributors here never got Cisco stock when we need it.  4. Cisco's website is HORRIBLE for information. If you need Cisco info, you let Google find it on Cisco's website.   Sorry, but we ALL knew this was coming..   You pay for the brand name these days. NONE of those 35 TPLINK switches have failed in the past year, even in the middle of summer, where those hallways we installed them don't have AC and can reach &gt;40deg C, despite costing half the price. Cisco needs to stop treating their products as an exclusive/premium club (that's the same reason why Android was able to cut into iOS's marketshare so quickly too)."}
{"_id": "312903", "title": "", "text": "Louis Ottimo has always been a controversial character within the securities industry, cited and sanctioned for fraud and misrepresentation, who has had many liens and bankruptcies, and was officially barred for life from the industry by FIRNA in 2017.  He filed personal bankruptcy in 2016 despite being the alleged shadow president of Cold Spring Advisory Group. Just search Louis Ottimo for more information."}
{"_id": "312925", "title": "", "text": "\" The western press wants to make much of the lack of human rights in China, but in 8,000 kilometers of travel we were stopped only a couple of times at checkpoints, whereas as we crossed the Stans\u2014our fast allies\u2014we were stopped scores and scores of times by heavy-handed police. Here in China everyone is too busy making money to poke his nose into anyone else\u2019s business.   And \"\" While many foreigners who have invested in China may have lost money through ill-conceived investments, you\u2019d never believe it by the bustling economic activity we observed on our cross-China journey. For a long, long time I\u2019ve been enthusiastic about China\u2019s prospects. For many years I\u2019ve urged my friends to teach their children Chinese, as I believe the 21st century will be as much China\u2019s as the 19th century was Britain\u2019s and the 20th century was America\u2019s. For all these years I\u2019ve been waiting patiently for the hibernating dragon to awaken.\"\"  And my googling skills appear to be lost - he did acknowledge that China has poor human rights record but so did US during 19th century\""}
{"_id": "312933", "title": "", "text": "TrumleThinnSkins government is frozen like a rabbit in the Head lights, he is unable to move or make any meaningful decisions, all he can do is break stuff other people spent time to build, the only storm coming is the massive fart he is going  to let out as all the hot air escapes his saggy white moronic buttocks."}
{"_id": "312942", "title": "", "text": "Diversified is relative. Alfred has all his money in Apple.  He's done very well over the last 10 years, but I think most investors would say that he's taking an incredible risk by putting everything on one stock. Betty has stock in Apple, Microsoft, and Google.  Compared to Alfred, she is diversified. Charlie looks at Betty and realizes that she is only investing in one particular industry.  All the companies in an individual industry can have a downturn together, so he invests everything in an S&P 500 index fund. David looks at Charlie and notes that he's got everything in large, high-capitalization companies.  Small-cap stocks are often where the growth happens, so he invests in a total stock market fund. Evelyn realizes that David has all his money tied up in one country, the United States.  What about the rest of the world?  She invests in a global fund. Frank really likes Evelyn's broad approach to equities, but he knows that some portion of fixed-income assets (e.g. cash deposits, bonds) can reduce portfolio volatility\u2014and may even enhance returns through periodic rebalancing. He does what Evelyn does, but also allocates some percentage of his portfolio to fixed income, and intends to maintain his target allocations. Being diversified enough depends on your individual goals and investing philosophy.  There are some who would say that it is wrong to put all of your money in one fund, no matter what it is.  Others would say that a sufficiently broad index fund is inherently diversified as-is."}
{"_id": "312968", "title": "", "text": "\"If I was wrong please let me know how so I can learn for next time. This is way off-topic for Money.SE, but I feel compelled to offer my advice. Feel free to downvote and I'll consider deleting (or flag for migration). The mistake you made was not discussing it with your fianc\u00e9e before turning down the offer.  You are not married yet, but you have made a commitment that should mean that your decisions affect each other for the rest of your lives. She may be more hurt that her opinion wasn't considered in your decision.  That doesn't mean that she makes the decision for you, but it was a perfect opportunity to make a decision together that affects both of you. Where you saw risk and uncertainty, she saw opportunity.  Neither is \"\"correct\"\" - only two sides of the same coin.   Hopefully it's an experience that you both can learn and grow from.\""}
{"_id": "312971", "title": "", "text": "SECTION | CONTENT :--|:-- Title | \u041d\u043e\u0432\u0438\u043d\u043a\u0438 \u041a\u0440\u0430\u043d\u043e\u0432 \u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442: \u0411\u0438\u0442\u043a\u043e\u0438\u043d, \u0414\u043e\u0433\u0438, \u041b\u0430\u0439\u0442\u044b! \u041a\u0430\u043a \u0441\u043e\u0431\u0440\u0430\u0442\u044c \u0441\u0430\u0442\u043e\u0448\u0438 \u0431\u0435\u0441\u043f\u043b\u0430\u0442\u043d\u043e? \u0422\u043e\u043f \u043b\u0443\u0447\u0448\u0438\u0445 \u043a\u0440\u0430\u043d\u043e\u0432! Description | \u00a6 \u0421\u0441\u044b\u043b\u043a\u0438 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u0438 \u043d\u0430 \u0441\u0430\u0439\u0442\u0430\u0445: \u0411\u0438\u0442\u043a\u043e\u0438\u043d\u044b: | Ownbitcoins: https://goo.gl/yzZxGE | Rocketbitco: https://goo.gl/Mg9vJx \u0414\u043e\u0433\u0438: | Faucetbiz: https://goo.gl/LCyr8D | Shorbit: https://goo.gl/cGrcjh | 20doges: https://goo.gl/xMaL72 | Rocketdogeco: https://goo.gl/d7BgWV \u041b\u0430\u0439\u0442\u044b: | Rocketliteco: https://goo.gl/S8gfR3 =========================================== \u00a6 \u0411\u0438\u043d\u0430\u0440\u043d\u044b\u0435 \u043e\u043f\u0446\u0438\u043e\u043d\u044b \u041e\u043b\u0438\u043c\u043f \u0422\u0440\u0435\u0439\u0434 https://goo.gl/DKryBH ====== \u0412\u0441\u0442\u0443\u043f\u0430\u0439\u0442\u0435 \u0432 \u041c\u043e\u044e \u043a\u043e\u043c\u0430\u043d\u0434\u0443! =============== \u00a6? \u041c\u043e\u044f \u0433\u0440\u0443\u043f\u043f\u0430 https://vk.com/criptovaluta2016 ... Length | 0:03:23           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "312984", "title": "", "text": "\"In my company, we have custom Z reports + APO + Tableu + BW + BI + Cognos + Fico reporting tools + Hyperion + others.  ... and there's still no company wide definition for Net Sales versus Gross Sales.  This is all to show you that too many \"\"finance\"\" people who don't know much about finance are relying on tools to do the work for them... and each tool gives different numbers.  So I love it when I (in IT management) get called to explain why tool A gave a different number from tool B and when I find out, usually that both tool A and B have it wrong, you should see their faces.\""}
{"_id": "313012", "title": "", "text": "\"You are not the only one with this problem. When Intuit changed their pricing and services structure in 2015 a lot of people got angry, facing larger fees and having to go through an annoying upgrade just to get the same functionality (such as Schedule D, capital gains). You have several options: (1) Forget Turbo Tax and just use paper forms. That is what I do. Paper is reliable. (2) Use forms mode in Turbo Tax. Of course, that may be even more complicated than simply filing out paper forms. (3) Use a different service. If your income is below $64,000 the IRS has a free electronic filing service. Other online vendors have full taxes services for less than Turbo Tax. (4) Add the amount to ordinary income. Technically, as long as you report the income, you cannot be penalized, so if you add the capital gain to your ordinary income, then you have paid taxes on the income. Even if they send you a letter, you can send an answer that you added it to ordinary income and that will satisfy them. Of course you pay a higher rate on your $26 if you do that. (5) If you are in the 15% or below income bracket you are exempt from capital gains, and you can omit it. Don't believe the nervous Nellies who say the IRS will burn your house down if you don't report $26 in capital gains. Penalties are assessed on the percentage of TAXES you did not pay (0.5% penalty per month). Since 0.5% of $0 is $0 your penalty is $0. The IRS knows this. The IRS does not send out assessment letters for $0. (6) Even if you are above the 15% bracket, there is likelihood it is still a no-tax situation (see 5 above). (7) Worst case scenario: you are making a million dollars per year and you omit your $26 capital gains from your return. The IRS will send you an assessment letter for about $10. You can then send them a separate check or money order to pay it. In all honesty I have omitted documented tax items, like taxable interest, that the IRS knows about many times and never gotten an assessment letter. Once I made a serious math error on my return and they sent me an assessment letter, which I just paid, end of story. And that was for a lot more than $26. The technical verbiage for something like this in IRS lingo is CP-2000, underreported income. As you can see from this official IRS web page, basically what they do is guess how much they think you owe and send you a bill. Then you pay it. If you do so in time, you don't even get a 0.5% interest penalty on your $6.75 owed or whatever it is. (8) Go hog wild. As long as you are risking an assessment on your $26, why not go hog wild and just let the IRS compute all your taxes for you? Make a copy of your income statements, then mail them to the IRS with a letter that says, \"\"Hi, I am Mr. Odinson, my SSN is XXX-XX-XXXX. My address is XYZ. I am unable to compute my taxes due to a confused state of mind. I am hereby requesting a tax assessment for the 2016 tax year.\"\" Make sure you sign and date the letter. In all probability they will compute the full assessment and send you a bill (or refund).\""}
{"_id": "313015", "title": "", "text": "\"I would be wary of having coins in containers with cardboard. Ideally you want the coins to be in an airtight envelope made of plastic to minimize any chance of oxidation or reaction with chemicals in the air. Cheap, retail coins like you would find in a Whitman collection are not generally going to hold value well. Sometimes you can sell a collection and break even if you have a nice complete set, but in general  VF coins with common dates will not appreciate at all. Investment coins usually are high-priced items that sell for thousands each, not the sort thing you find in Whitman folders. In general, collectibles are bad investments in the US because IRS rules tax gains as ordinary income. So, unless you sell them under the table or have really low income, you lose a lot of your profit. If you enjoy collecting, focus on the fun of it, worrying about investment in coin collections is a joy killer. A Parting Anecdote... When I was a kid I painstakingly assembled a lot of BU rolls, because that was the hot thing back then. I wrote on them \"\"DO NOT OPEN FOR 10 YEARS\"\". You know how much a 1980 BU roll of Lincoln cents is worth now, 40 years later? $2.00 on eBay. Some days I spend more on lunch than the worth of my entire Lincoln cent collection.\""}
{"_id": "313017", "title": "", "text": "I use the following: DealNews.com - A general deals site. SlickDeals.net - A general deals site.  Lots of activity in their forums. CheapAssGamer.com - Great for gaming deals.  They have a price tracker that shows the best prices for a game across multiple stores. Groupon.com - A deal of the day type site. RetailMeNot.com -  A coupon code aggregator. TheFind.com - A shopping search site.  You can filter for free shipping, sales, or coupons. IMShopping.com - A site that lets you submit a description of the item you're looking for.  Actual humans respond with links to the best deals that they could find.  I've had good results."}
{"_id": "313036", "title": "", "text": "Most big commercial brokerage houses are always hiring and more often than not you will be able to at least score an interview to work in their research/marketing department. Once in the door, it would be much easier to network from the inside as you get to know brokers and their teams. Companies like CBRE, HFF, Marcus &amp; Millichap, JLL, Berkadia, &amp; Cushman &amp; Wakefield would all be good places to look. The fact you have some hospitality management experience is a plus. These company's are hungry for talent that show initiative and interest in the field. Lead with your strengths."}
{"_id": "313039", "title": "", "text": "Use some form of escrow agent: Some freelancer sites provide payment escrow services (e.g. E-Lance). In this system the client puts money in escrow for the project in advance and then when they accept the project it forwards the payment to the provider. Progress Payments Arrange a progress payment approach with the client where they pay at certain milestones rather than a single payment at the end of the project. Ideally you would have them pre-pay for each milestone before you start work on it. However, you could ask for payment after each milestone, which might be easier to sell to your client. It does leave some risk, but minimizes that risk somewhat."}
{"_id": "313045", "title": "", "text": "No you will not be taxed for the money in account 2. You have already paid for the tax on the money saved. There is no interest earned on the amount and hence it is not taxed. In UK the interest on ISA [Individual Savings Account] is not taxable as well. Hence you may even transfer the money to account 2 that is an ISA and not a current account."}
{"_id": "313055", "title": "", "text": "I think you're underestimating the cost of moving people. People are actually not that mobile  It's also not just a matter of finding new developers/engineers/team to work with. There's often a lot of knowledge that people will have, that is not easily replaceable (which is why retention is a very big issue in the software industry).    Whether subsidies/tax breaks is an effective way of incentivizing a high tech economy; I don't if it's true (although I'm not an economist). There's a really interesting interview Jon Stewart had with Edward Conard (from Bain Capital) about these sorts of incentives: [here](http://www.thedailyshow.com/extended-interviews/415035/playlist_tds_extended_edward_conard/414980). Worth watching all of it, but the crux of the argument is at 4:45"}
{"_id": "313056", "title": "", "text": "The methodology leads me to believe the pollsters were setting up a poll for the sole purpose of getting a headline like this.   For one, the pollsters eliminated anyone who didn't graduate with a 4-year degree, thus disqualifying anyone who has student loan debt but may have graduated with a lesser degree, or didn't graduate at all. I would assume (probably safely) that people with a 4-year degree are, on average, in a more financially stable situation than those who were disqualified from the poll, and this would be more likely to worry about other things rather than paying student loan debt.   For two, the poll was commissioned by LendEDU, a refinancing startup that could use the publicity of student loan anxiety to drive more business. Having a clickbaity article like this on a relatively popular site like the Examiner that links straight to their website is just what a startup would love to have to get free marketing."}
{"_id": "313057", "title": "", "text": "\"It sounds like you're basing your understanding of your options regarding financing (and even if you need a car) on what the car salesman told you.  It's important to remember that a car salesman will do anything and say anything to get you to buy a car. Saying something as simple as, \"\"You have a low credit score, but we can still help you.\"\" can encourage someone who does not realize that the car salesman is not a financial advisor to make the purchase. In conclusion,\""}
{"_id": "313061", "title": "", "text": "**Twenty-fifth Amendment to the United States Constitution**  The Twenty-fifth Amendment (Amendment XXV) to the United States Constitution deals with succession to the Presidency and establishes procedures both for filling a vacancy in the office of the Vice President as well as responding to Presidential disabilities. It supersedes the ambiguous wording of Article II, Section 1, Clause 6 of the Constitution, which does not expressly state whether the Vice President becomes the President or Acting President if the President dies, resigns, is removed from office, or is otherwise unable to discharge the powers of the presidency. The Twenty-fifth Amendment was adopted on February 10, 1967.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "313088", "title": "", "text": "Meh?  Kinkos was bought by fedex in 2004. So it is really a combination of many things. [FedEx did win the USPS contract to handle Global Express Guaranteed Service](http://printmediacentr.com/2011/09/shipping-with-the-enemy-usps-partners-with-fedex/)  [Fedex also runs the overnight services an more](http://www.dmnews.com/fedex-usps-partnership-off-to-flying-start/article/74431/) FedEx pushes costly end delivery to USPS through SmartPost and yes FedEx owns kinkos and they charge $5 for a .20 box."}
{"_id": "313092", "title": "", "text": "\"Bitcoin will never come back down; it's a *limited commodity* that is tradable like a currency. Since it's a commodity, it will always have value and since it's a limited commodity, that value will always go up.  Disclaimer: by \"\"come back down\"\" I meant back down to the $3 a coin it was at when it hit it's first spike *without* being obsoleted. Not the current $5000 shenanigans; this is just part of it's market cycle.\""}
{"_id": "313127", "title": "", "text": "Cryptocurrencies like Bitcoin or Ethereum. Then check their prices daily. With daily price swings of over 10% (both up and down) being a common occurrence, you'll quickly learn how high your risk tolerance really is. :) A lot of IT people believe that cryptocurrencies will stay. Whether Bitcoin or Ethereum will be among them is anyone's guess. Compare to the Dotcom boom, which will be Amazon.com and which will be Pets.com?"}
{"_id": "313134", "title": "", "text": "If you want to stay in the sub 30% range to avoid 'high utilization' on your card, make sure your credit is > 3.33x your usage.  For your numbers, a 2500 limit would probably keep you out of 'high utilization'. The primary reason to do this is to stay off your lender's 'high risk' list.  Due to the risk perceived by CCC's, accounts with greater than 30% utilization are reported as high utilization. Keep in mind that utilization does not have a history.  So you can drop your utilization a couple of billing cycles before you apply for a high cost item (e.g. car or house) and your score should bump up a bit."}
{"_id": "313135", "title": "", "text": "\"You gave your own answer - the 80% is positions, not contracts. Most actors on the option market have no interest in the underlying asset. They want \"\"just\"\" exposure to its price movement. It makes more sense to close your position than to be handed over bushels of wheat or whatever.\""}
{"_id": "313141", "title": "", "text": "He can do an internet bank transfer from his/her account to yours, a direct deposit at a branch of your bank, use PayPal, which should allow such an amount or similar methods. $7000 is not considered a large amount these days and should be quite easy to execute in a number of ways."}
{"_id": "313143", "title": "", "text": "An often neglected market segment, plus size fashion is finally getting its due. Leading Asian designer apparel stores in the UK are offering a wide variety of outfits including party wear, bridal wear and casual wear that flatter women of all sizes and shapes."}
{"_id": "313151", "title": "", "text": "Because, without the govt backstopping/guaranteeing that your local liberal arts degree student will have money to pay for their education, banks who make loans would have to worry about the student's ability to repay those loans. The likelihood goes up dramatically for STEM majors so ergo, there would be fewer non-STEM majors because those majors would have to be, more than now, self funded."}
{"_id": "313158", "title": "", "text": "\"There will be no police involved. The police do not care. Only the feds care, and they only care about large amounts (over $100,000). What will happen is that the teller will deposit the money like nothing is unusual, but the amount will trigger a \"\"Suspicious Transaction Report\"\" to be filed by the bank. This information goes to the US Treasury and is then circulated by the Treasury to basically every agency in the government: the Department of Defense, the FBI, the NSA, the CIA, the DEA, the IRS, etc. What happens next depends on your relationship with your bank and the personality of the bank. In my case I have made large cash transactions at two different banks, one that I had a long relationship with, and another that I had a long-standing but dormant account. The long-term one was a high end savings bank in a city. The dormant one was one of those bozo retail banks (think \"\"Citizens\"\" or \"\"Bank of America\"\") in a suburb. The long-term bank ignored my first deposit, but after I made some more including one over $50,000 in cash they summoned me via a letter. I went in, talked to the branch manager and explained why I was making the deposits. He said \"\"That sounds plausible.\"\" and that was the end of the interview. It is unlikely that they transferred the information. They probably just wrote it down. They did this because they have \"\"know your customer\"\" regulations and they wanted to be able to prove that they did \"\"due diligence\"\" in case anybody asked about it later. The suburban bank never asked any questions, but they did file the STRs. In general, there is no way to know if the bank will interview you or not. It depends on a lot of different factors. The basic factors are: how much money is it, are you doing a lot of business normally, and how well does the bank know you. If you refuse to answer the bank's questions to their satisfaction, it is a 100% chance that they will close your account. They can also file higher level reports that flag your activity as \"\"highly suspicious\"\" as opposed to just the normal \"\"suspicious\"\". As long as it is a bank employee, you should have no serious concerns unless the guy seems strange and asks really pointed questions. If you have any question whether the \"\"employee\"\" is legitimate, just verify that he/she is a bank employee. Obviously if the feds visit you, you should say nothing. The chance of this happening is 1 in a million.\""}
{"_id": "313171", "title": "", "text": "Probably more if the interest rate is above 0%. If it's too much, just pay span the payments longer, or get a cheaper car. Nice thing, assuming you keep it bone stock (or even tastefully modded, or even fully modded), you'll have no problem selling to some rich teenager. They hold their value."}
{"_id": "313172", "title": "", "text": "E' il sito web di un broker delle certificazioni di sistema, basta compilare il FORM dei contatti per ottenere subito e senza impegni fino a 4 preventivi specifici, ritagliati sulle proprie esigenze e dimesnioni aziendali. Un'ottima soluzione per risparmiare fino al 30% sui **costi della Iso 9001** e ottenendo il certificato di **Qualit\u00e0**  in tempi rapidi!"}
{"_id": "313186", "title": "", "text": "Share options. If you get options on \u00a3200,000-worth of a company and then its share price increases five-fold then you make \u00a3800,000, which is often taxed more favourably than salary."}
{"_id": "313225", "title": "", "text": "The relevant page of the CRA's 2016 General Income Tax and Benefit Guide explains how to donate money to the federal debt servicing and reduction account. The guide writes: To make a gift to this account, make it payable to the Receiver General, and send it with a note asking that we apply it to this account, to: Place du Portage   Phase III, 11 Laurier Street   Gatineau, Quebec   K1A 0S5 Donations are tax-deductible: they'll send you a tax receipt."}
{"_id": "313232", "title": "", "text": "There is some advantage to putting your house downpayment in the Roth to get tax-free growth. However this advantage is offset by the risk of the investment losing value in the short period before you take advantage of it. You might go this route if the timeline is greater than 5 years and you use a conservative investment vehicle."}
{"_id": "313248", "title": "", "text": "Usually when a company is performing well both its share price and its dividends will increase over the medium to long term. Similarly, if the company is performing badly both the share price and dividends will fall over time. If you want to invest in higher dividend stocks over the medium term, you should look for companies that are performing well fundamentally and technically. Choose companies that are increasing earnings and dividends year after year and with earnings per share greater than dividends per share. Choose companies with share prices increasing over time (uptrending). Then once you have purchased your portfolio of high dividend stocks place a trailing stop loss on them. For a timeframe of 1 to 3 years I would choose a trailing stop loss of 20%. This means that if the share price continues going up you keep benefiting from the dividends and increasing share price, but if the share price drops by 20% below the recent high, then you get automatically taken out of that stock, leaving your emotions out of it. This will ensure your capital is protected over your investment timeframe and that you will profit from both capital growth and rising dividends from your portfolio."}
{"_id": "313255", "title": "", "text": "I think you should try to talk with the credit union at your campus first, they may have offer you a credit card even you don't have any credit history."}
{"_id": "313269", "title": "", "text": "\"i would add only -- and you alluded in this direction, but to clarify -- that barter economies rarely ever exist. if you ask an economist about the origin of money, they usually offer thus barter-to-credit story because Adam Smith hypothesized this line of development. it subsequently became \"\"true\"\", even though there was no evidence for it.   anthropology has come a long way since Smith lived, and we now know that early societies were communal, as in from each according to their means, etc. the term of art is \"\"gift economy\"\", where there are no tallies or accountings of who owes exactly what but rather a general sense of mutual obligation.  accounting, credit and debt as we think of them were a result of dealing with people you did not trust. money, being a debt, arose from this mistrust and was typically only used to settle the most serious matters -- stolen wives, murder, etc. -- in a way that could prevent deadly conflict by protecting the honor of the aggrieved. money was intended to \"\"replace\"\" the lost person.   money, debt and the rest have come in and out of fashion over the ages -- the efficiency argument is really null, if you consider a gift economy, and there have been prolonged periods since the first use of metallic money in which money has gone away. for most of the middle ages, for example, europe reverted to credit and gift economies. anthropologists believe in fact that the use of money comes to typically prevail in societies that are rife with mistrust and \"\"lost persons\"\" -- that is, societies plagued by war and slavery (slaves being historically one of the primary products of war). the rise of money usually brings the rise of a creditor class, a debtor class who approximate slaves even though not losers in war per se, and a terrific amount of social strife. and that leads often to collapse if not addressed by periodic debt jubilees.\""}
{"_id": "313270", "title": "", "text": "I would think you need proof that you actually bought it when it was cheaper, but that's a guess. You are supposed to pay the capital gains tax on bitcoin gains, same as if you made money on a stock  https://www.google.com/amp/s/www.forbes.com/sites/greatspeculations/2017/02/21/if-you-traded-bitcoin-you-should-report-capital-gains-to-the-irs/amp/"}
{"_id": "313275", "title": "", "text": "Have you seen their latest patent that if you search an item on your phone in a retail store it redirects you to an Amazon page or tells a supervisor to assist you. They are trying to block people from checking prices. Look it up"}
{"_id": "313278", "title": "", "text": "I think one of the problems is bubbles convince people that they aren't in a bubble. Happens over and over and over. People standing back and saying, you know this might be a bubble get ignored most of the time right until it is too late.   There have been bubbles for a loong time and in so many things it seems silly that people don't spot them near immediately."}
{"_id": "313285", "title": "", "text": "Interesting recent in depth article on sears hldg.  http://www.crainsdetroit.com/article/20111228/FREE/111229931  I wonder how sears is supposed to compete with everyone from walmart to home depot. For its size, it is insanely cheap(shld = $3.5B, wmrt = $205B). But who needs more mediocre retail space? I suppose it could be acquired for a bunch of reasons: assets, elimination as a competitor, threaten another major player, etc."}
{"_id": "313305", "title": "", "text": "There is already large demand for new jobs. There is also a large labor supply available for jobs. When the buyer (employer) meets the price of the seller (employee), a job is created. The reason there is not 100% employment is that not every employee is willing to work for what they can get, and not every employer is willing to pay what an employee is willing to work for."}
{"_id": "313306", "title": "", "text": "In principle, a default will have no effect on your bank account. But if the US's credit rating is downgraded, the knock-on effects might cause some more bank failures, and if the debt ceiling is still in place then the FDIC insurance might not be able to pay out immediately."}
{"_id": "313310", "title": "", "text": "I had a situation like this also. A client deposited an IRA check to his local P.O. prior to collection p/up, thinking this meant it would be postmarked April 15. It may have been picked up, but wasn't postmarked until the next day, and my firm refused to consider it as timely. I do remember discussing it w/my Retirement Services Dept. Maybe they made an exception for me and my client, but maybe not. I don't remember. Good luck."}
{"_id": "313315", "title": "", "text": "It's just the downvotes that annoy me. But no, of China were to ban all apple products, the people will go apeshit crazy. Where else are they going to get their phones from? You can ask anyone in China what their opinion would be if the government ever tried that. Also, Xi fagface is trying to make his popularity higher, and the more censorship he imposes on the people, the more they get fed up with him. Maybe dozens of factories, but tens of thousands of workers. Additionally, the Chinese people play a lot of games because they hate work and all that stuff. There's this game they play it's called strike of kings, basically a moba that's a copy of league but on mobile. If the government banned the AppStore than how would the generally population update that game for the new champions etc? And by general population I'm saying almost everyone who has an iPhone. You don't know how many hours people spend on that game.   But yeah, I feel like since I live in China and understand the general opinion I know better. There is just no way that China could ban apple.   Yeah kudos to you to with the calm reply, I grew up in Australia"}
{"_id": "313338", "title": "", "text": "Hedge funds are typically just funds structured and operated in a way that make them exempt from various securities regulations, most notably the Investment Company Act of 1940 and the Investment Advisers Act of 1940.  This allows them to operate freely of restrictions on traditional fund such as those related to management compensation, public disclosures, investor liquidity, and portfolio concentration and use of leverage.  In order to achieve this, hedge funds are typically open only to a limited number of wealthy or sophisticated investors and are restricted in how and to whom they can advertise."}
{"_id": "313349", "title": "", "text": "\"I loved handling those complaints.  Mostly for the times that the customer didn't have a leg to stand on.  People would sound so smug when I called them about their regulatory complaint until I got to tell them they were shit out of luck.  \"\"I researched your complaint and account...you have refused to pay for 8 months of services rendered over a $2 bill discrepancy, which actually was a valid charge...also I see that this is your fifth complaint when we have only received payments, hmm it seems three times over a year and a half.  We are actually going to shut your service off and cancel your account so it can go to collections.\"\"\""}
{"_id": "313358", "title": "", "text": "I froze my credit online yesterday.  Last page of process confirmed I had frozen credit and told me to print last page because it has information I will need to unfreeze it.  Page was blank. So I waited. Then I got timed out.  Then I got a page telling me I had not frozen my credit.  I had called a few times yesterday but always got a busy signal.  So, at 5:06 est I called them again. Before patching me through to a live person that asked if I'd be willing to take a short survey after speaking with rep, which I agreed to do.  When my call was transferred I got a message saying they worked nine to five and to call back later.  Then the survey started.  Needless to say, the scores were the lowest possible.  And apparently unfreezing my credit will be problematic.  Yippee!"}
{"_id": "313361", "title": "", "text": "\"If this is truly hobby income (you do not intend to operate as a business and don't have a profit motive) then report the income on Line 21 (\"\"other income\"\") of form 1040.  If this is a business, then the income and expenses belong on a Schedule C to form 1040. The distinction is in the treatment of profits and losses - your net profits on a business are subject to self-employment tax, while hobby income is not. Net losses on a business are deductible against other income; net losses on a hobby are miscellaneous itemized deductions in the \"\"2%\"\" box on Schedule A.  From a tax point of view, selling apps and accepting donations are different. Arguably, donations are gifts; gifts are not taxable income.  The hobby/business and income/gift distinctions are tricky. If the dollar amounts are small, nobody (including the IRS) really cares. If you start making or losing a lot of money, you'll want to get a good tax person lined up who can help you decide how to characterize these items of income and expens, how to put them on your return, and how to defend the return on audit if necessary.\""}
{"_id": "313372", "title": "", "text": "\"There are a few other items that you should be aware of when getting options: The strike price is usually determined by an independent valuation of the common shares (called a 409a valuation). This should give you a sense on what the options are worth. Obviously you are hoping that the value becomes many multiple of that. There are two kinds in the US: Non-quals (NQO) and Incentive Stock Options (ISOs).  The big difference is that when you exercise Non-quals, you have to pay the tax on the difference between the \"\"fair\"\" market value on the shares and what you paid for them (the strike price).  This is important because if the company is private, you likely can not sell any shares until it is public. With ISOs, you don't pay any tax (except AMT tax) on the gain until you actually sell the shares.  You should know what kind your getting. Some plans allow for early exercise, essentially allowing you to buy the shares early (and given back if you leave before they vest) which helps you establish capital gains treatment earlier as well as avoid AMT if you have ISOs. This is really complicated direction and you would want to talk to a tax professional.  And always a good idea to know how many total shares outstanding in the Company. Very few people ask this question but it is helpful for you to understand the overall value of the options.\""}
{"_id": "313391", "title": "", "text": "Your capital gain is about $40K, which (assuming your total income is under $250K) is taxed at 15% long term capital gains rate. Additional depreciation recapture of approximately $5K is taxed at 25%. So this gives us rough estimate of $7250 tax. This is Federal tax, AZ rates are somewhere between 2% and 4%, so you'll be looking at some $1.6K additional tax to AZ. If you have accumulated rental losses or other expenses, it will lower the total amount of your gain (and, accordingly, the taxes). This is all very rough estimates, and you shouldn't rely on this but verify on your own or with a professional. I suggest using professional services because while being costly, they will probably save you more in taxes than you'll have to pay them because of the knowledge of what exactly of your expenses can be deducted and how to calculate the cost basis correctly. (edit from JoeT - the home exclusion requires occupancy for 2 of prior 5 years. For the OP, the prorated $125k exclusion 'might' cover the gain, it depends when the increase in value occurred, if the gain was during the time rented, it's taxable, I believe.)"}
{"_id": "313392", "title": "", "text": "California is very aggressive when it comes to determining residency. While you have a legitimate defense, I suggest talking with a California-licensed CPA or EA practicing in California, which are experienced in dealing with the FTB residency audits."}
{"_id": "313397", "title": "", "text": "Get answers from your equivalent of the IRS, or a local lawyer or accountant who specializes in taxes.  Any other answer you get here would be anectdotal at best.  Never good to rely on legal or medical advice from internet strangers."}
{"_id": "313414", "title": "", "text": "I'm going to have to take you to task for this post. If someone is incapable of determining the implied current P/E in the IPO price then they should not be buying stocks. You cannot blame Wall Street for the greed and stupidity of the public."}
{"_id": "313421", "title": "", "text": "\"The Dow Jones Industrial Average (DJIA) is a Price-weighted index.  That means that the index is calculated by adding up the prices of the constituent stocks and dividing by a constant, the \"\"Dow divisor\"\".  (The value of the Dow divisor is adjusted from time to time to maintain continuity when there are splits or changes in the roster.)  This has the curious effect of giving a member of the index influence proportional to its share price.  That is, if a stock costing $100 per share goes up by 1%, that will change the index by 10 times as much as if a stock costing $10 per share goes up by the same 1%. Now look at the price of Google.  It's currently trading at just a whisker under $700 per share.  Most of the other stocks in the index trade somewhere between $30 and $150, so if Google were included in the index it would contribute between 5 and 20 times the weight of any other stock in the index.  That means that relatively small blips in Google's price would completely dominate the index on any given day.  Until June of 2014, Apple was in the same boat, with its stock trading at about $700 per share.  At that time, Apple split its stock 7:1, and after that its stock price was a little under $100 per share.  So, post-split Apple might be a candidate to be included in the Dow the next time they change up the components of the index.  Since the Dow is fixed at 30 stocks, and since they try to keep a balance between different sectors, this probably wouldn't happen until they drop another technology company from the lineup for some reason.  (Correction: Apple is in the DJIA and has been for a little over a year now.  Mea culpa.) The Dow's price-weighting is unusual as stock indices go.  Most indices are weighted by market capitalization.  That means the influence of a single company is proportional to its total value.  This causes large companies like Apple to have a lot of influence on those indices, but since market capitalization isn't as arbitrary as stock price, most people see that as ok.  Also, notice that I said \"\"company\"\" and not \"\"stock\"\".  When a company has multiple classes of share (as Google does), market-cap-weighted indices include all of the share classes, while the Dow has no provision for such situations, which is another, albeit less important, reason why Google isn't in the Dow.  (Keep this in mind the next time someone offers you a bar bet on how many stocks are in the S&P 500.  The answer is (currently) 505!) Finally, you might be wondering why the Dow uses such an odd weighting in its calculations.  The answer is that the Dow averages go back to 1896, when Charles Dow used to calculate the averages by hand.  If your only tools are a pencil and paper, then a price-weighted index with only 30 stocks in it is a lot easier to calculate than a market-cap-weighted index with hundreds of constituents. About the Dow Jones Averages. Dow constituents and prices Apple's stock price chart. The split in 2014 is marked.  (Note that prices before the split are retroactively adjusted to show a continuous curve.)\""}
{"_id": "313433", "title": "", "text": "\"&gt;It is essentially cheating. It is choosing the data to fit your needs and is statistical heresy.  If that's not \"\"saying it's right or wrong\"\", what is? I wouldn't have the smallest problem if his response was just the first paragraph after the quote. It's the (incorrect) editorializing that got me going, and that's what it was. If calling out someone that doesn't know what they're talking about isn't welcome, then what exactly is the point of this subreddit?\""}
{"_id": "313437", "title": "", "text": "I have been careful here to cover both shares in companies and in ETFs (Exchange Traded Funds). Some information such as around corporate actions and AGMs is only applicable for company shares and not ETFs. The shares that you own are registered to you through the broker that you bought them via but are verified by independent fund administrators and brokerage reconciliation processes. This means that there is independent verification that the broker has those shares and that they are ring fenced as being yours. The important point in this is that the broker cannot sell them for their own profit or otherwise use them for their own benefit, such as for collateral against margin etc..  1) Since the broker is keeping the shares for you they are still acting as an intermediary. In order to prove that you own the shares and have the right to sell them you need to transfer the registration to another broker in order to sell them through that broker. This typically, but not always, involves some kind of fee and the broker that you transfer to will need to be able to hold and deal in those shares. Not all brokers have access to all markets. 2) You can sell your shares through a different broker to the one you bought them through but you will need to transfer your ownership to the other broker and that broker will need to have access to that market. 3) You will normally, depending on your broker, get an email or other message on settlement which can be around two days after your purchase. You should also be able to see them in your online account UI before settlement. You usually don't get any messages from the issuing entity for the instrument until AGM time when you may get invited to the AGM if you hold enough stock. All other corporate actions should be handled for you by your broker. It is rare that settlement does not go through on well regulated markets, such as European, Hong Kong, Japanese, and US markets but this is more common on other markets. In particular I have seen quite a lot of trades reversed on the Istanbul market (XIST) recently. That is not to say that XIST is unsafe its just that I happen to have seen a few trades reversed recently."}
{"_id": "313440", "title": "", "text": "Well, technically, Apple didn't ever terminate Jobs. He left on his own. But I take your point.  I do wonder if that type of brash personality would still work in today's overly sensitive corporate culture. Look at Uber and Travis Kalanick."}
{"_id": "313441", "title": "", "text": "\"There are, in fact, two balances kept for your account by most banks that have to comply with common convenience banking laws.  The first is your actual balance; it is simply the sum total of all deposits and withdrawals that have cleared the account; that is, both your bank and the bank from which the deposit came or to which the payment will go have exchanged necessary proof of authorization from the payor, and have confirmed with each other that the money has actually been debited from the account of the payor, transferred between the banks and credited to the account of the payee.  The second balance is the \"\"available balance\"\". This is the actual balance, plus any amount that the bank is \"\"floating\"\" you while a deposit clears, minus any amount that the bank has received notice of that you may have just authorized, but for which either full proof of authorization or the definite amount (or both) have not been confirmed. This is what's happening here. Your bank received notice that you intended to pay the train company $X. They put an \"\"authorization hold\"\" on that $X, deducting it from your available balance but not your actual balance. The bank then, for whatever reason, declined to process the actual transaction (insufficient funds, suspicion of theft/fraud), but kept the hold in place in case the transaction was re-attempted. Holds for debit purchases usually expire between 1 and 5 days after being placed if the hold is not subsequently \"\"settled\"\" by the merchant providing definite proof of amount and authorization before that time. The expiration time mainly depends on the policy of the bank holding your account. Holds can remain in place as long as thirty days for certain accounts or types of payment, again depending on bank policy. In certain circumstances, the bank can remove a hold on request. But it is the bank, and not the merchant, that you must contact to remove a hold or even inquire about one.\""}
{"_id": "313451", "title": "", "text": "\"So, you think people who disagree with you and don't think that the government should have a role in providing such things don't *want* such things to even exist? And *I'm* the one who is being myopic? Surely you cannot be serious. I'm not conservative, I'm liberal, in the true sense of the word. I'm actually in the industry as well, and I take great offense to those who think they can vote my rights away on the premise that \"\"might makes right.\"\" We should rather be a country of principles, not whims of the dumb masses. Government is in no way truly an advocate for its citizens, that is nothing but a glorified bumper sticker slogan, so let's not base our beginning assumptions on outright falsehoods.\""}
{"_id": "313475", "title": "", "text": "\"There are a few historical examples of anarcho-capitalist societies that were relatively stable, including early Ireland, Medieval Iceland, and Quaker Pennsylvania.  In the past, people thought that democracy was a crazy/stupid idea for a political system.  They argued that Rome was once a Democracy, and it collapsed.  They pointed out that the 49% losers could just kill the 51% winners.  They pointed out that the winners of an election didn't need to give up power at the end of their term.  They pointed out that the masses are stupid, and they would elect stupid leaders.  So the foundation for any system of governance rests on the opinion of the masses about what creates a \"\"legitimate\"\" government.  As a libertarian anarchist, my goal is to convince people that the only legitimate form of governance is voluntary interaction.  In a society where property and person are honored, we can be productive and safe without worrying about the side effects caused by monopolist governments.  I can link you to some videos if you're still interested in learning about this subject.\""}
{"_id": "313487", "title": "", "text": "Sistema di gestione dei contenuti (CMS) \u00e8 un tipo di sistema informatico che consente di pubblicare, modificare e modificare il contenuto. Il sistema consente inoltre di manutenzione del sito web attraverso una pagina web centrale. Il sistema fornisce inoltre contenuto un insieme di procedure per gestire il flusso di lavoro, in un ambiente condiviso."}
{"_id": "313493", "title": "", "text": "Personally, I do asset allocation separately for personal investing and for retirement investing, as I the two have vastly different purposes and I have vastly different goals for each. YMMV depending on how you view your non-retirement investments, and how close you are to retirement."}
{"_id": "313497", "title": "", "text": "If true, business is the only thing that can change chinas behavior. China refuses to be bullied by other countries  and chasing the almighty USD is all that matters.  And yet the american public remains blissfully ignorant of the atrocities created by their insatiable desire for ever cheaper shit."}
{"_id": "313500", "title": "", "text": "This is possible.  In fact in the cases of debt settlement the collection companies typically issue a 1099 for the difference on what is owed and what is settled, making that taxable income.  So the IRS sees it as income (in the US). However, this kind of dishonesty is not conducive to building long term wealth or wealth of significant means.    As others have said this is fraud, but provided that one is truthful on the loan application, it would be impossible to prove.  How can one prove that a person has no intention of paying a loan back? Doing this once or twice may ruin your ability to receive a loan for legitimate purposes for life."}
{"_id": "313509", "title": "", "text": "No link ~ I agree. That's the average style of marketing on social that most small business owners and clients do. I had a social media client I was managing. I provided them with authentic and creative content. All for brand awareness tailored to generate real live traffic into the business. It was doing well until they canceled my service because they felt that the lower tier text based discount and promotion content would be better. ~ Its sad that the average entrepreneur does not understand the principles of providing authentic real value over cheapening their business to make a buck. Its not a long term mentality."}
{"_id": "313515", "title": "", "text": "http://www.chicagotribune.com/news/local/politics/ct-illinois-budget-medicaid-decision-met-20170630-story.html  Courts can mandate all the way, but states aren't able to print money, yet.  Push comes to shove, the state laws will get amended.  In my experience, this seems to be the order of who gets shafted, chronologically and from most to least:  1) current and future taxpayers, both with rising taxes and reduced services 2) vendors 3) pensioners 4) bondholders"}
{"_id": "313525", "title": "", "text": "\"There are several brokerages which have lower minimum deposits (often $500) and allow purchase of index ETFs. I won't name them to avoid advertising. The best way to find out is to go to your bank, and ask to see a financial advisor. Then explain your difficulty to the advisor (who should caution you about the issues with investing such a small amount) and ask for advice on where to find a suitable broker. Also, sometimes banks offer services where you can buy shares of a fund through your bank account. This is probably not \"\"as good\"\" as the brokerage (performance may be not as good, fees may come out higher), but especially for small amounts and for convenience, this may be easier. Again, you should inquire at your institution.\""}
{"_id": "313526", "title": "", "text": "Not that I doubt it would work for most companies to raise salaries (and cut hours), but it's hard to judge this without the massive publicity it got. Next company to do it won't be so fortunate, then the real metrics come in."}
{"_id": "313540", "title": "", "text": "&gt; When I hire people for roles in my organization, I find close-mindedness and myopathy like yours to be a far greater detriment than recreational marijuana use.  Its not closed mindedness when its a fact they are a bigger liability. Sorry, but you're wrong."}
{"_id": "313544", "title": "", "text": "\"If you own a stake large enough to do that, you became regulated - under Section 13(d) of the 1934 Act and Regulation (in case of US stock) and you became regulated. Restricting you from \"\"shocking\"\" market. Another thing is that your broker will probably not allow you to execute order like that - directed MKT order for such volume. And market is deeper than anyone could measure - darkpools and HFTs passively waiting for opportunities like that.\""}
{"_id": "313551", "title": "", "text": "\"When you enter into a multi-legged trade where one is a buy and one is a sell, the limit is expressed as either: The gist is that you don't care what each individual piece costs; you only care what the cost of the bundle is. When you put on a buy-write, you are buying stock and selling a (covered) call against that stock.  That trade will always cost money. Putting on a buy-write will always be done at a net debit.  This is because is is normally impossible for a call to be worth more than its underlying stock price.  There are a few possible reasons there would be a\"\"net credit\"\" option for what's described as a \"\"buy-write\"\":\""}
{"_id": "313565", "title": "", "text": "I'm curious as to why they decided that social services and healthcare should be aggregated for this map. I understand that these are related fields in terms of being service-oriented, but other than that, healthcare is predominately private and social services are predominately public."}
{"_id": "313570", "title": "", "text": "\"The way to invest money in a company is to buy its shares, or derivatives of its shares. However, it seems you're way in over your head. Don't buy what you don't understand.  There is plenty of material to teach you about stock investing on the internet. However, a book may be the fastest way to learn what you need to know. And yes, there is a \"\"for dummies\"\" book about that: Stock Investing ForDummies. I just found it by Googling, I'm sure you can find even more interesting books out there. (Note, the link is to the \"\"cheat sheet\"\" in the back of the book. The full book is worth reading.)\""}
{"_id": "313576", "title": "", "text": "\"I mean, this seems like a pretty bad situation, but I've had liberty mutual for home, car, motorcycle, and umbrella policies and I'm pretty happy.  For the past four years the prices have been the best I can find (and I'm about to save 30% on my car via their \"\"RightTrack\"\" OBD device) and every time I've called their Customer Service has been polite, responsive, and extremely helpful.  I'm not trying to lessen your own issue; but this does come across as quite the hot take.\""}
{"_id": "313583", "title": "", "text": "\"Step 1: Require all Uber drivers to report to central facilities because \"\"you can't succeed without face to face interaction\"\" or whatever.  Step 2:  Purchase random companies somewhat related to, I guess, cars?  Maybe some random custom rim manufacturers, or the companies that make those shitty aftermarket petals and knobs you see at Autozone?  Instantly shut them down.  Step 3:  Find a way to make the Uber app so completely insecure that Putin gets instant updates every time you hail a ride.  Step 4: New LOGO!!  Step 5: Uber fails, and to celebrate her success, she walks away with 50 million dollar performance bonus, does more sexy photoshoots while bitching about how she is objectified as a woman, and looks forward to being CEO of Snapchat.\""}
{"_id": "313590", "title": "", "text": "LC WebPros is a reputed company, finish advanced association in Gainesville, FL USA. Our center abilities are computerized publicizing and era arrangements. We give the best Graphic Design Gainesville fl. Albeit visual architects discover arrangements fundamentally for print, notices, yearly reports, bundling, business stationery, leaflets, flyers, indexes, logos, and pretty much anything you can consider to enable organizations to emerge. In the always showing signs of change field of visual communication, there are web specialists who likewise are visual fashioners and the other way around."}
{"_id": "313623", "title": "", "text": "\"It depends on the deal: and you didn't give any details. That said, there are some things that stand out regardless, and some more specific answers to your questions. First, Mortgage rates (at the bank) are absurdly low right now. Like 4%-5%; less than 4% for excellent credit. You say your credit is ok, so unless your landlord is willing to do a deal where they get no benefit (beyond the price of the house), the bank is the way to go. If you don't have much for a down payment, go with an FHA loan, where you need only 3.5% down.  Second, there is another option in between bank mortgage and rent-to-own. And that is that where your landlord \"\"carries the note\"\". Basically, there is a mortgage, and it works like a bank mortgage, but instead of the bank owning the mortgage, your landlord does. Now, in terms of them carrying all of it, this isn't really helpful. Who wants to make 3-4% interest?  But, there is an interesting opportunity here. With your ok credit, you can probably get pretty close to 4% interest at the bank IF the loan is for 80% LTV (loan to value; that is, 20% equity). At 80% LTV you also won't have PMI, so between the two that loan will be very cheap. Then, your accommodating landlord can \"\"carry\"\" the rest at, say, 6-7% interest, junior to the bank mortgage (meaning if you default, the bank gets first dibs on the value of the house). Under that scenario, your over all interest payment is very reasonable, and you wouldn't have to put any money down.  Now for your other questions:   If we rent to own are we building equity? Not usually. Like the other posters said, rent-to-own is whatever both parties agree on. But objectively, most rent-to-own agreements, whether for a TV or a house, are set up to screw the buyer. Sorry to be blunt, and I'm not saying your landlord would do that, this is just generally how it is with rent to own. You don't own it till you make the last payment, and if you miss a payment they repo the property. There is no recourse because, hey, it was a rental agreement! Of course the agreements vary, and people who offer rent to own aren't necessarily bad people, but it's like one of those payday loan places: They provide a valid service but no one with other options uses them. If we rent to own, can we escape if we have to (read: can't pay   anymore). Usually, sure! Think about what you're saying: \"\"Here's the house back, and all that money I paid you? Keep it!\"\" It's a great deal if you're on the selling side.  How does rent to own affect (or not) our credit? It all depends on how it's structured. But really, it comes down to are they going to do reporting to the credit bureaus? In a rent-to-own agreement between individuals, the answer is no. (individuals can't report to a credit bureau. it's kind of a big deal to be set up to be able to do that)\""}
{"_id": "313642", "title": "", "text": "That is what they said about search engines.  Uber have received a lot of negative press over the past few months. From board behaviour to how they treat their drivers.  Uber may have been the first on the scene but that doesn't guarantee their future. Ask yahoo or MySpace."}
{"_id": "313669", "title": "", "text": "You're mixing up two different concepts: low-risk and recession-proof. I'll assume I don't need to explain risk: there is always risk, regardless what form you keep your assets in. With bonds, the interest rate is supposed to reflect the risk. If a company offers bonds with too low an interest rate for the risk level, few people will buy them. While if a company offers bonds with too high an interest rate for the level of risk, they are gypping themselves. So a bond is a slightly more transparent investment from a risk assessment perspective, but that doesn't mean the risk is necessarily low: if you buy a bond with a 20% effective annual yield, that means there is quite a high risk that the underlying company will fold (unless inflation is in the double-digit range as well, in which case a 20% yield is not that much). Whereas with a stock, no parameter directly tells you anything about the risk. Recession-proof is not the same thing as low-risk. Recession-proof refers to investing in (or holding debt for) industries that perform better in a recession. http://www.investopedia.com/articles/stocks/08/industries-thrive-on-recession.asp."}
{"_id": "313681", "title": "", "text": "She's too young and casual to have relevant, intellectual knowledge of this topic. She may have some personal/anecdotal experience, but it's neither at executive or decision making levels. If her article was published by the WSJ, do you think they'd publish that picture and a  Narwhale? It reads similar to your typical 20-something rant-blog, regardless of her real age.  It might be a good piece for people to empathize with, but certainly nothing to be taken past entertainment value."}
{"_id": "313695", "title": "", "text": "The IPO price is set between the underwriters and the specialist in the NASDAQ. There are a lot of complexities on how to get to this price, everyone is trying to pull to their own side. In the Facebook example, the price was $38 for all IPO participants. Then, once the IPO went to the secondary market, the bid/ask drove the pricing.  At the secondary market the price is driven by the demand and offer of the stock.  That is, people who wanted to buy right after the IPO likely drove the initial price up."}
{"_id": "313696", "title": "", "text": "Mutual funds and pensions aren't likely to be too badly hit, as they are largely buy and hold organisations with low turnover of positions which is inherently difficult for hft to exploit. same with index trackers. These guys are exploited most by shower systematic traders thatare themselves exploited by hft. as an aside, finance is also strangely incestuous - pension funds often invest in hedge funds, that themselves often invest in hft."}
{"_id": "313697", "title": "", "text": "I honestly think that this is a problem that is already half way to being solved. Even with the current state of the technology I think the benefits of electric cars far outweigh the nominal detriments. I think  that whining about taking 15-30 minutes more to top up the car is the last factual argument to be had against the inevitable and necessary technological development in transportation. Gasoline had it's time and now it's time to relegate gas power to the same corner that horses serve. Fun and expensive hobbies."}
{"_id": "313706", "title": "", "text": "Currently many countries (and non-government bodies) hold dollars to facilitate trade. If the dollar is no longer used in their trade, then they no longer have a reason to hold those dollars. If every other country starts to dump their dollar holdings into the world currency markets, the number of dollars floating around in those market would shoot up. The massive supply increase of dollars (we're assuming these other countries are holding massive amounts of dollars) would lead to a large drop in value of the dollar - lots more dollars chasing the same amount of goods. Every purchase will become much more expensive for anyone still buying with dollars, including the American government trying to buy expensive military equipment - unless the US government also switches to using something else to purchase military supplies."}
{"_id": "313711", "title": "", "text": "Welll put. IMO, the best way to dump the Fed is to nationalize it, turning it into a new credit bank. The best recent model for what we need is the Reconstruction Finance Corporation of FDR, which lent $50 billion dollars during the depression in the thirties. Credit has to be directed into real physical wealth, like a new high speed rail system. These kind of investments pay off the associated debt by increasing real wealth, not by what you site correctly, is money for money's sake."}
{"_id": "313721", "title": "", "text": "Microsoft **actively** stifled innovation. They would buy new tech just to prevent it from being deployed. They would force people to use their products through bundling at a time when there was no other reasonable option.  We all have the option of Walmart or any number of supermarkets. This situation is nowhere near at Microsoft levels yet. I'm sure Bezos would love to be as much of a monopolist as Gates was, but the era is completely different."}
{"_id": "313727", "title": "", "text": "Well, OS/2 is a pretty hard target for it by nature.  Most of that which are venues for spread in Windows and *NIX are actually not part of the operating system with OS/2.  It wasn't built for compatibility with existing standards, but as an all new standard in most regards.  Everything there for existing standards like TCP/IP,  is basically a plug-in that interacts with programs that would use it.  This makes it very hard for something external to actually affect the core system.  Even a lot of OS/2's out of the box functions are implemented in this manner."}
{"_id": "313752", "title": "", "text": "\"That was just one example, there are other things that could be implemented. Some countries, like the UK, have different wages for lower age groups. So your example could have an under 21 or an \"\"under 24\"\" wage, unless married or legally emancipated like with the FAFSA. Or we could expand the work-study program so that students can get jobs and employers pay part of the salary and taxes covers some.   Or there's a limit on the number of employees that can be considered on apprenticeship at any given time. There are lots of ways to address things.   We already have various rules that have exceptions for different industries. Farmhand wages, tipped workers, etc. There could be other options.\""}
{"_id": "313775", "title": "", "text": "Everbank has offered accounts in foreign currencies for a while. https://www.everbank.com/currencies Takes a while to get it setup; and moving cash in and out is via wire transfer.  Also you need to park $5K in USD in a money market account; which you use as a transfer point."}
{"_id": "313837", "title": "", "text": "Scientists and Engineers earn very well, are proud of their contributions and have safe jobs that grow with them.  MBAs, in my long experience, mostly lose their jobs because of the blanders they cause, have very stressful jobs, and their jobs are totally dependent on kissing the ass of the one above them."}
{"_id": "313839", "title": "", "text": "\"You get paid interest on deposits because banks only keep a fraction of the deposits on-hand. The rest is put to other uses, such as loaning money to others. If you deposit money and yield 1% interest, the bank is able to fund an auto loan, at 5%. By saving, you are actually making more capital available in the marketplace. \"\"Fixed\"\" or \"\"durable\"\" assets like gold, real property, or durable goods are different -- their value is based on attributes such as demand (gold, oil) or location (real property). If you bought an apartment in Manhattan in 1975, it appreciated greatly in value over the course of 30 years... but it did so because demand for apartments in New York City grew, while the supply of apartments grew more slowly. The government prints money for two core reasons: Think of it this way: Money is valuable because it is money.\""}
{"_id": "313842", "title": "", "text": "Oh, yeah, the government's response to heroin users is *definitely* to get them treatment.   Anyway, that's not the point: The point is that many things people enjoy in the short term, harm them in the long term.   The thing about stock exchanges is, they are not people, and there's no inherent reason that any of them should exist. If they get addicted to something that harms them, the simplest and cheapest solution is to let them kill themselves, so that a new market that operates more responsibly can take it's place. There's no point in government intervention here because we're not saving a life, we're supporting a terrible investment. It's a completely different thing.   *Your* mindset is the same mindset that leads to bailouts and subsidies that distort and cripple the markets by forcing otherwise-dead companies and methods to continue to exist by fiat, instead of letting that which is dead, die away, so that newer participants have the chance to evolve and improve the market."}
{"_id": "313855", "title": "", "text": "As I said in the comments, from the SMH article, you will get $3.30 per share you hold in Wotif. The bit about Wotif veing replaced in the S&P ASX200 index by another company has no impact on your shares in Wotif. It just means that the index (the amalgamation of 200 companies) will have one drop out (Wotif) and another replace it (Healthscope)."}
{"_id": "313872", "title": "", "text": "I think you might benefit from adopting a zero-sum budget, in which you plan where each dollar will be spent ahead of time, rather than simply track spending or worry about the next expense. Here's a pretty good article on the subject: How and Why to Use a Zero-Sum Budget. This is the philosophy behind a popular budgeting tool You Need a Budget, I am not advocating the tool, but I am a fan of the idea that a budget is less about tracking spending and more about planning spending. That said, to answer your specific question, one method for tracking your min-needed for upcoming expenses would be to record the date, expense, amount due, and amount paid as shown here:  Then the formula to calculate the min-needed (entered in E1 and copied down) would be: As you populate amounts paid, the MinNeeded is adjusted for all subsequent rows. You could get fancier and only populate the MinNeeded field on dates where an expense is due using IF()."}
{"_id": "313885", "title": "", "text": "Would you borrow money at 3% just to leave it in a savings account?  That's effectively what you're doing by not paying of your student loans.  I would pay of all of the student loans, and consider putting a little toward the car loan.  If you do run into an emergency you still have your $2K/month to help build your savings back up."}
{"_id": "313887", "title": "", "text": "A cheque/check is just a piece of paper.  There's nothing whatsoever stopping her from sticking it in an envelope, putting a stamp on it and sending it via the regular post. The important question is what happens if it goes astray?  How easy would it be for her to stop and replace the check? How easy is it for a dishonest party to deposit the check elsewhere? It sounds like the people quoting you a high price to insure are treating the check as being as good as cash - if that's true then you'd be taking a big risk sending it uninsured.  On the other hand if it's not true and the check is easily replaceable and essentially worthless to anyone other than you then there would seem to be no need to insure it in transit."}
{"_id": "313892", "title": "", "text": "The market moves faster than ratings agencies.  Everyday the market is trying to figure out the true value of Assets - Liabilities and thus its overall equity value.  The financial crisis illustrated this perfectly when Bear Sterns got stuck in a liquidity trap.  It's MBS(CDO) was still highly rated, likewise its overall credit rating was sound, however in reality the value of assets were much higher due to coming default, credit providers realized assets Bear had posted as collateral were falling in value quickly.  This started the death spiral, or feedback loop in which it isn't clear if the tail wagged the dog or the dog wagged the tail, but as equity value fell Bear could no longer get access to credit markets to fund daily operations, once it got margin called and couldn't pay, it was all over.  When it was sold to JPM, they basically stole the entire company at a fire sale price, everyone knew they were getting a deal, as reflected in the post buyout price jump of JPM stock.    So in a technical sense you are right, they have nothing to do with each other.  But in a practical sense as we see equity value collapse we are approaching bankruptcy, and thus default, and credit ratings should represent likelihood of default so the two should have a positive correlation to one another, assuming equity value is the 'true value'."}
{"_id": "313894", "title": "", "text": "Developing the right culture is easily one of the hardest tasks for a manager. Look to hire the right people who can motivate and set the tone for the rest of your firm. Once you do that, managing won't be as strenuous. Write down on a piece of paper the values you want to instill in your organization, and make sure your early employees embrace and showcase those values. You'll know right away who fits and who doesn't."}
{"_id": "313896", "title": "", "text": "Several factors are considered in loans as significant as a home mortgage.  I believe the most major factors are 1) Credit report, 2) Income, and 3) Employment status If you borrow jointly, all joint factors are included, not just the favorable ones.  Some wrinkles this can cause may include: Credit Report - The second person on the loan may have poor credit or no credit.  This can/will hurt your rate or even prevent them from being listed on the loan at all, which will also mean you can't include their income. In addition, there are future consequences: that any late payments, default, foreclosure, etc. will be listed on all borrower's reports. If you both have solid work history, great credit, and want to jointly own the home, then there shouldn't be any negatives.  If this is not the case, compare both cases (fully, not just rates, as some agents could sneakily say you can get the same rate either way but then not tell you closing costs in one scenario are higher), and pick the one that is best overall. This is just information from my recollection so make sure to verify and ask plenty of questions, don't go forward on assumptions."}
{"_id": "313897", "title": "", "text": "An ETF manager will only allow certain financial organisations to create and redeem ETF shares.  These are called Authorised Participants (APs).  The APs have the resources to bundled up packages of shares that they already own and hold in order to match the ETFs requirements.  In the case of the EDEN ETF, this portfolio is the MSCI Denmark Index.  Only APs transact business directly with the ETF manager.   When ETF shares need to be created, the AP will bundle up the portfolio of shares and deliver them to the ETF manager.  In return, the ETF manager will deliver to the AP the corresponding number of shares in the ETF.  Note that no cash changes hands here. (These ETF shares are now available for trading in the market via the AP.  Note that investors do not transact business directly with the ETF manager.) Similarly, when ETF shares need to be redeemed, the AP will deliver the ETF shares to the ETF manager.  In return, the ETF manager will deliver to the AP the corresponding portfolio of shares.  Again, no cash changes hands here. Normally, with an established and liquid ETF, investors like you and me will transact small purchases and sales of ETF shares with other small investors in the market.  In the event that an AP needs to transact business with an  investor, they will do so by either buying or selling the ETF shares.  In the event that they have insufficient ETF shares to meet demand, they will bundle up a portfolio deliver them to the ETF provider in return for ETF shares, thus enabling them to meet demand.  In the event that a lot of investors are selling and the AP ends up holding an excessive amount of ETF shares, they will deliver unwanted shares to the ETF manager in exchange for a portfolio of the underlying shares. According to this scheme, large liquidations of ETF holdings should not effect the share prices of the underlying portfolio.  This is because the underlying shares are not sold in the market, rather they are simply returned to the AP in exchange for the ETF shares (Recall that no cash is changing hands in this type of transaction).   The corresponding trail of dividends and distributions to ETF share holders follows the same scheme."}
{"_id": "313899", "title": "", "text": "\"No you don't have to be super-rich.  But... the companies do not have to sell you shares, and as others mention the government actively restricts and regulates the advertising and sales of shares, so how do you invest?  The easiest way to obtain a stake is to work at a pre-IPO company, preferably at a high level (e.g. Director/VP of under water basket weaving, or whatever).    You might be offered shares or options as part of a compensation package.  There are exemptions to the accredited investor rule for employees and a general exemption for a small number of unsolicited investors.  Also, the accredited investor rule is enforced against companies, not investors, and the trend is for investors to self-certify. The \"\"crime\"\" being defined is not investing in things the government thinks are too risky for you.  Instead, the \"\"crime\"\" being defined is offering shares to the public in a small business that is probably going to fail and might even be a scam from the beginning.   To invest your money in pre-IPO shares is on average a losing adventure, and it is easy to become irrationally optimistic.  The problem with these shares is that you can't sell them, and may not be able to sell them immediately when the company does have an IPO on NASDAQ or another market.  Even the executive options can have lock up clauses and it may be that only the founders and a few early investors make money.\""}
{"_id": "313909", "title": "", "text": "You don't need to keep receipts for most things, and if you are not going to itemize your deductions (which as a college student, you probably won't), you need even fewer.  Things that you should always keep: If you are itemizing your deductions, you want to keep receipts for anything that you can itemize.  Some common things are: Another thing that you should do, but few people do, is keep track of your online purchases, since many states require you to pay sales tax on those purchases.  Of course, the state has no way of knowing what you buy online, so it is all done on the honor system."}
{"_id": "313913", "title": "", "text": "\"VNQ only holds ~16% residential REITs. The rest are industrial, office, retail (e.g. shopping malls), specialized (hotels perhaps?) etc.  Thus, VNQ isn't as correlated towards housing as you might have assumed just based on it being about \"\"real estate.\"\" Second of all, if by \"\"housing\"\" you mean that actual houses have gone up appreciably, then you ought to realize that residential REITs seldom hold actual houses. The residential units held tend primarily to be rental apartments. There is a relationship in prices, but not direct.\""}
{"_id": "313917", "title": "", "text": "Well as a 3.2 GPA student who ended up landing a trading job I think your statement is pretty narrow-minded. The good thing about trading is that they care about much more than your GPA. I was smart, and a fast learner but I just didn't care for school as much."}
{"_id": "313919", "title": "", "text": "NASDAQ provides a very good IPO calendar as well for US listings."}
{"_id": "313923", "title": "", "text": "Pay the 401(k) loan back as soon as possible.  To be clear, the money from your 401(k) loan is no longer invested and working for you. It doesn't make sense to pull money out of your 401(k) investments and then invest it in something else. If you want to invest for retirement, pay back the loan and invest that money inside your 401(k).  If you leave your job, the 401(k) loan needs to be paid back in full, or else taxes and penalties will apply. If you have put the funds in an IRA, they won't be available to you should you need to pay back the loan early.  Instead of making a monthly payment to the 401(k) loan, pay off the loan and then make a monthly investment to an IRA."}
{"_id": "313935", "title": "", "text": "I would imagine that it goes beyond purpose and also addresses the demographic as a poor credit risk. Those seeking a post secondary education are a poor credit risk.  They are at the beginning of their careers so tend to have low income, a short credit history, and a very short time of managing money on their own.  Also many don't know how to work.  This later fact, to me, is a great predictor of financial success. Reading into the financial data surrounding student loans, it pretty easy to see that this demographic makes poor money decisions.  I live near a state university.  A large percentage of students drive late model luxury cars, frequent expensive bars and restaurants, and wear pretty nice clothes.  They also graduate with, on average 60K in student loans.  Keep in mind a 4 year degree could be had for about 30K and could be paid for working a part time job.  And that, to me, is the wisdom in bank's decision.  Sure they will loan you all the money you want with a government guarantee.  However, once that disappears they will not you money for unnecessary purposes."}
{"_id": "313937", "title": "", "text": "The faster it dies, the fewer morons will be scammed by this pay-day-loan scam. But it's worse than a payday loan scam, because Uber drivers are stealing money from their future selves, *and paying 25% of it to Uber - and they have to work to do it.*"}
{"_id": "313941", "title": "", "text": "\"&gt;it will likely be a list of telecoms industry wishes that the FCC will use its power to push through local government  So the whole article is lame biased garbage projecting what things \"\"will likely be\"\" based on nothing but sky is falling nonsense.  How dare the FCC ask actual companies how companies and cities can work to together! 'Companies are der enemy!'\""}
{"_id": "313945", "title": "", "text": "First off, you **must** get windows. Seriously. Get out of MacLand, it sucks anyways.  1. I'd recommend at least 4GB, preferably 8GB RAM.   2. No.   Also, get a dedicated graphics card and a decent processor IF you are going to be doing any sort of programming or monte carlo work. Otherwise, run-of-the-mill stuff should be fine."}
{"_id": "313981", "title": "", "text": "No, no he's not.  If he had said *Liberal Arts* is for suckers, he'd have a point.    Your best bet at remaining in the middle class and being in a position to help your kids remain in the middle class is a college education in a field that will be useful to the economy in the long term.  Certain specific trades can be a proper substitute in an income sense, however there are long-term consequences like chronic exposure to toxins and physical degeneration that cannot be avoided in most trades."}
{"_id": "314001", "title": "", "text": "Oh come on, these businessmen are just being held for questioning. Is this method extra-judicial? Yes. But it's far from disappearance. You can still talk to your family, attend board meetings via phone, and sign legal documents."}
{"_id": "314002", "title": "", "text": "It appears that hashes starting with 00000 are password already 'reversed' (I don't know the correct word for it).  So if you want to test if your password is in the file, you'll have to look for your original hash and 00000restofyouroriginalhash  Example for 'linkedin':  * 7728240c80b6bfd450849405e8500d6d207783b6 is not present * 0000040c80b6bfd450849405e8500d6d207783b6 is present  Python script to do it quickly if you are interested :      from hashlib import sha1     def check_pass(plaintext, offset=5):         hashed = sha1(plaintext).hexdigest()         return (hashed, '0' * offset + hashed[offset:])"}
{"_id": "314007", "title": "", "text": "\"There are firms that let you do this. I believe that Saxo Bank is one such firm (note that I'm not endorsing the company at all, and have no experience with it) Keep in mind that the reason that these currencies are \"\"exotic\"\" is because the markets for trading are small. Small markets are generally really bad for retail/non-professional investors.  (Also note: I'm not trying to insult Brazil or Thailand, which are major economies. In this context, I'm specifically concerned with currency trading volume.)\""}
{"_id": "314008", "title": "", "text": "\"I'm assuming the question is about how to compare two ETFs that track the same index. I'd look at (for ETFs -- ignoring index funds): So, for example you might compare SPY vs IVV: SPY has about 100x the volume. Sure, IVV has 2M shares trading, so it is liquid \"\"enough\"\". But the bigger volume on SPY might matter to you if you use options: open interest is as much as 1000x more on SPY. Even if you have no interest in options, the spreads on SPY are probably going to be slightly smaller. They both have 0.09% expense ratios. When I looked on 2010-9-6, SPY was trading at a slight discount, IVV was at a slight premium. Looking for any sort of trend is left as an exercise to the reader... Grab the prospectus for each to examine the rules they set for fund makeup. Both come from well-known issuers and have a decent history. (Rather than crazy Uncle Ed's pawn shop, or the Central Bank of Stilumunistan.) So unless you find something in the SPY prospectus that makes you queasy, the higher volume and equal expense ratios would seem to suggest it over IVV. The fact that it is at a (tiny) discount right now is a (tiny) bonus.\""}
{"_id": "314017", "title": "", "text": "It's a scam because MLM schemes are the closest thing you find to a Ponzi scheme you will fine that is still legal. Selling the stuff is never the way to make money. You make the real money by getting others to join because you get a signing bonus and a percentage of their sales, and a percentage of the sales the people they sign up.   So you only make money by getting as many people trying to sell the thing you are trying to sell which makes it impossible to sell because there are now lots of people trying to see the thing you are selling.   So yes, there are risks to all business but MLM is like playing Russian roulette with 6 bullets in the gun and hoping it jams realising that a revolver almost never jams.  But that is just my ill-informed opinion."}
{"_id": "314026", "title": "", "text": "\"In 2014 the IRS announced that it published guidance in Notice 2014-21. In that notice, the answer to the first question describes the general tax treatment of virtual currency: For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency. As it's property like any other, capital gains if and when you sell are taxed. But there's nothing illegal or nefarious about it, and while you might get some odd questions if a large deposit ends up in your bank account, as long as you answer them there really isn't a problem. If you don't have documentation of how much you paid for it, if it's a trivial amount compared to what it's worth now you can just declare $0 as your basis. I would suggest you try to have documentation that you've held it at least one year so that it's a long-term capital gain, but you can just mark the purchase date as \"\"Various\"\" on your tax form. I've done this (for a much smaller amount of bitcoins, alas) and haven't run into any trouble. While there are some good reasons to sell slowly, as others are saying, I want to play devil's advocate for a minute and give you a reason to sell quickly: A decision to hold is equivalent to a decision to buy. That is, if a million dollars randomly ended up in your bank account for no reason, you probably wouldn't choose to go put it all into bitcoin, and then slowly sell it. Yet that's more-or-less an equivalent financial situation to holding on to the bitcoin and slowly selling it. While there are certainly tax advantages to selling over the course of many years, bitcoin is one of the most volatile commodities out there, and one has no idea what will happen over the next few weeks, let alone the next few years. It may go to tens of thousands of dollars a coin, or it may go to basically zero. If I had a million dollars in my pocket, bitcoin isn't how I'd choose to store it all. Just something to think about; obviously you need to make the best choice for you for yourself.\""}
{"_id": "314049", "title": "", "text": "You could setup a Ally account to use solely for this. There is no minimum, no opening balance requirement, and you can do up to 6 transfers a month for free.  This would partition your money from other accounts, while giving you the flexibility to move it to other accounts with ease."}
{"_id": "314050", "title": "", "text": "Unsecured loan is any loan that you don't provide an asset as a collateral for. Auto loans are usually secured - by the auto. If you don't pay off the car, it will be repossessed. Credit cards are a good example, personal/business loans are also usually unsecured, and you've pretty much covered it. Majority of loans, especially for large amounts, are usually given for a specific purpose (usually purchase of a large asset) and are secured."}
{"_id": "314056", "title": "", "text": "This question is indeed rather complicated. Let's simplify it a little bit. Paying down your mortgage makes sense if your expected return in the rest of your portfolio is less than the cost of the mortgage. In many cases, people may also decide to pay down their mortgage because they are risk-averse and do not like carrying debt. There's no tax benefit to doing so, though; Canada doesn't generally allow you to write off mortgage interest, unlike the U.S. As to keeping money in the corporation or not, I'm not going to address that. I don't have a firm enough understanding of corporate taxation. Canadian Couch Potato advises treating all of your investment assets as one large portfolio. That is what you are trying to do here. However, let's consider a different approach. If you do not have enough money to max out your RRSP or TFSA, you may choose to keep your TFSA for an emergency fund, where the money is kept highly liquid. Keep your cash in an interest-bearing TFSA, or perhaps invest it in the money market, inside your TFSA. Then, use your RRSP for the rest of your investment money, split according to your investment goals. This is not the most tax-efficient approach, but it is nice and simple. But you are looking for the most tax-efficient approach. So, let's assume you have enough to more than max out your TFSA and RRSP contributions, and all of your investments are going toward your retirement, which is at least a decade away. Because you are not taxed on your investment income from RRSPs (until you withdraw the money) or TFSA, it makes sense to hold the least tax-efficient investments there. Tax-advantaged investments such as Canadian equities should be held in your investment accounts outside of TFSA and RRSPs. Again, the Canadian Couch Potato has a great article on where to put your investment assets. That article covers interest, dividends, foreign dividends, and capital gains, as well as RRSPs, RESPs, and TFSAs. That article recommends holding Canadian equities in a taxable account, REITs in a tax-sheltered account (TFSA or RRSP), bonds, GICs, and money-market funds in a tax-sheltered account (as these count as interest). The article goes into rather more detail than this, and is worth checking out. It mentions the 15% withholding tax on US-listed ETFs, for example. In addition to that website, I recommend the following three books: The above three resources strongly advocate passive indexed investments, which I like but not everyone agrees with. All three specifically discuss tax implications, which is why I include them here."}
{"_id": "314063", "title": "", "text": "You seem to be deviating from your original point?  Energy is built into consumer products, for the most part the transportation portion to market of it is negligible, the plastics cost is virtually nothing today, so I'm not sure the point you're driving at.  Your first point seemed to be that reducing energy costs would be a direct benefit to the average civilian, which despite the fact that consumerism is somewhat rampant in the USA it's pretty clear that if people cannot afford to buy consumer items they pull back and focus only on the necessities.  So I'm not sure what your point is?  Or how you arrived to it?  Or if you're just trying to support your original statement rather than accepting that maybe it was in error?    You stated that cheaper energy will help to solve income inequality.  You've given some reasons, but I don't think any of them really support your statement.  Income inequality will not be solved by consumers being able to buy cheaper goods, you cannot infinitely reduce the price of goods until it matches the poorest's wages, that doesn't solve the problem but rather just pronounces it further.  The goods are now cheaper for the super-rich, who are now considered wealthier."}
{"_id": "314085", "title": "", "text": "\"The difference is in the interrelation between the varied investments you make. Hedging is about specifically offsetting a possible loss in an investment by making another related investment that will increase in value for the same reasons that the original investment would lose value. Gold, for instance, is often regarded as the ultimate hedge. Its value is typically inversely correlated to the rest of the market as a whole, because its status as a material, durable store of value makes it a preferred \"\"safe haven\"\" to move money into in times of economic downturn, when stock prices, bond yields and similar investments are losing value. That specific behavior makes investing in gold alongside stocks and bonds a \"\"hedge\"\"; the increase in value of gold as stock prices and bond yields fall limits losses in those other areas. Investment of cash in gold is also specifically a hedge against currency inflation; paper money, account balances, and even debt instruments like bonds and CDs can lose real value over time in a \"\"hot\"\" economy where there's more money than things to buy with it. By keeping a store of value in something other than currency, the price of that good will rise as the currencies used to buy it decrease in real value, maintaining your level of real wealth. Other hedges are more localized. One might, for example, trade oil futures as a hedge on a position in transportation stocks; when oil prices rise, trucking and airline companies suffer in the short term as their margins get squeezed due to fuel costs. Currency futures are another popular hedge; a company in international business will often trade options on the currencies of the companies it does business in, to limit the \"\"jitters\"\" seen in the FOREX spot market caused by speculation and other transient changes in market demand. Diversification, by contrast, is about choosing multiple unrelated investments, the idea being to limit losses due to a localized change in the market. Companies' stocks gain and lose value every day, and those companies can also go out of business without bringing the entire economy to its knees. By spreading your wealth among investments in multiple industries and companies of various sizes and global locations, you insulate yourself against the risk that any one of them will fail.  If, tomorrow, Kroger grocery stores went bankrupt and shuttered all its stores, people in the regions it serves might be inconvenienced, but the market as a whole will move on. You, however, would have lost everything if you'd bet your retirement on that one stock. Nobody does that in the real world; instead, you put some of your money in Kroger, some in Microsoft, some in Home Depot, some in ALCOA, some in PG&E, etc etc. By investing in stocks that would be more or less unaffected by a downturn in another, if Kroger went bankrupt tomorrow you would still have, say, 95% of your investment next egg still alive, well and continuing to pay you dividends. The flip side is that if tomorrow, Kroger announced an exclusive deal with the Girl Scouts to sell their cookies, making them the only place in the country you can get them, you would miss out on the full possible amount of gains you'd get from the price spike if you had bet everything on Kroger.  Hindsight's always 20/20; I could have spent some beer money to buy Bitcoins when they were changing hands for pennies apiece, and I'd be a multi-millionaire right now. You can't think that way when investing, because it's \"\"survivor bias\"\"; you see the successes topping the index charts, not the failures. You could just as easily have invested in any of the hundreds of Internet startups that don't last a year.\""}
{"_id": "314088", "title": "", "text": "begin having them take community college courses while they are still in high school - this should be a better use of time than AP courses. if they continue and get an associates degree the credits should be transferrable anywhere take the associates degree to a state school and have them finish just their two years (4 semesters) at the state school. that should be an non-stressful and affordable approach that will give them a time/age-based advantage over their peers. so instead of playing with financial aid and retirement plan rules, this sort of goal can help you save, without creating inconsequential and unnecessary expectations for yourself or your family"}
{"_id": "314097", "title": "", "text": "I agree with everything you're saying, except:  &gt;If your business model can't stand on its own and needs someone to ban another business model your business model is outdated or bad.  It's not their business model.  It's the uneven application of regulations.  Uber is well known for skirting the laws.  If they got all the inspections required, met all laws and regulations, etc. then likely pricing would be a lot closer between the two products."}
{"_id": "314106", "title": "", "text": "The dynamics of land value tax are oppressive. It's up to the owner if they want to make the maximum money from land. The tax is telling you what you must do with the land. It also sets the authorities up as infallible. Banks get earning potential wrong all the time. There is also the assumption that if you have land that you have wealth. That's not true. Many peoples land or house is their wealth. Money they can only access if they make themselves homeless. or move to a cheaper neighbourhood, and then we're back to gentrification and ethnically cleansing the poor from high value areas."}
{"_id": "314110", "title": "", "text": "\"Free Cash Flow (FCF) is not a metric/data point which represents any ACTUAL cash flow of a company. FCF is a data point which communicates how much cash a company has after Operating cash requirements and cash expenditures \"\"required\"\" to grow and maintain the existing business. FCF can be used to pay dividends, buy back stock, purchase companies, et cetera.  None of which are REQUIRED to run the business.\""}
{"_id": "314123", "title": "", "text": "The problem is that the person made sweeping generalizations based on demeaning stereotypes with absolutely no data to support them other than his inherently sexist hypothetical. You parroted his hypothetical again without providing any support beyond your own biased assumption thereby demonstrating your own prejudice."}
{"_id": "314124", "title": "", "text": "&gt;All of the most successful people I know work more than they need to  Interesting.  The most successful people I know work less because they created passive income streams.    Who is more successful? The guy who works 70 hours per week for 100k or the guy who writes a few financial blog posts a week and brings in 100k?"}
{"_id": "314161", "title": "", "text": "You're still confused. The first guy in the thread said  &gt; All sounds nice for consumers, but you're not mentioning the biggest drawback- the tight stranglehold on supply the taxi industry keeps.  You then said  &gt; That stranglehold is because of the small margins in the business.  Then I said  &gt; So medallions are limited (in some cities) because margins are small? That doesn't make much sense.  Then you said  &gt; Other way around.  So, your claim is that the taxi industry keeps a tight strangehold on supply because there are small margins in the business. Then, you say that margins are small because medallions are limited. That is a circular argument."}
{"_id": "314163", "title": "", "text": "Advantages of buying: With every mortgage payment you build equity, while with rent, once you sign the check the money is gone. Eventually you will own the house and can live there for free. You can redecorate or remodel to your own liking, rather than being stuck with what the landlord decides is attractive, cost-effective, etc. Here in the U.S. there are tax breaks for homeowners. I'm not sure if that's true in U.K. Advantages of renting: If you decide to move, you may be stuck paying out a lease, but the financial penalty is small. With a house, you may find it difficult to sell. You may be stuck accepting a big loss or having to pay a mortgage on the empty house while you are also paying for your new place. When there are maintenance issues, you call the landlord and it's up to him to fix it. You don't have to come up with the money to pay for repairs. You usually have less maintenance work to do: with a house you have to mow the lawn, clear snow from the driveway, etc. With a rental, usually the landlord does that for you. (Not always, depends on type of rental, but.) You can often buy a house for less than it would cost to rent an equivalent property, but this can be misleading. When you buy, you have to pay property taxes and pay for maintenance; when you rent, these things are included in the rent. How expensive a house you can afford to buy is not a question that can be answered objectively. Banks have formulas that limit how much they will loan you, but in my experience that's always been a rather high upper bound, much more than I would actually be comfortable borrowing. The biggest issue really is, How important is it to you to have a nice house? If your life-long dream is to have a big, luxurious, expensive house, then maybe it's worth it to you to pour every spare penny you have into the mortgage. Other people might prefer to spend less on their house so that they have spare cash for a nice car, concert tickets, video games, cocaine, whatever. Bear in mind that if you get a mortgage that you can just barely afford, what do you do if something goes wrong and you can't afford it any more? What if you lose your job and have to take a lower-paying job? What if some disaster strikes and you have some other huge expense? Etc. On the flip side, the burden of a mortgage usually goes down over time. Most people find that their incomes go up over time, between inflation and growing experience. But the amount of a mortgage is fixed, or if it varies it varies with interest rates, probably bouncing up and down rather than going steadily up like inflation. So it's likely -- not at all certain, but likely -- that if you can just barely afford the payment now, that in 5 or 10 years it won't be as big a burden."}
{"_id": "314164", "title": "", "text": "If your gripe is with government fund allocation, that's a completely different conversation we can have. But don't come in here defending corporations for shitty business practices and poor treatment of employees. I'm much less concerned with what the government does with the money, than I am with the fact that a system of checks and balances exists to try and prevent corporations from acting like a bunch of cunts."}
{"_id": "314166", "title": "", "text": "\"He got an applause break at the republican convention for saying \"\"I am gay, and I am a republican.\"\"  I cannot imagine, in the year of Berniemania, an applause break for saying \"\"I support lower corporate tax rates, and I am a democrat\"\" at the democratic convention.  Though I guess stranger things have happened.\""}
{"_id": "314174", "title": "", "text": "\"Good. Wendy's deserves it. They've upped their game substantially since the \"\"chili incident\"\" and the deliciousness/quality:price ratio cannot be beat! I do not work for Wendy's, just eat a ton of their baked potatoes and jr. bacon chz burgers.\""}
{"_id": "314200", "title": "", "text": "If you received shares as part of a bonus you needed to pay income tax on the dollar valuse of those shares at the time you received them. This income tax is based on the dollar value of the bonus and has nothing to do with the shares. If you have since sold these shares you will need to report any capital gain or loss you made from their dollar value when you received them. If you made a gain you would need to pay capital gains tax on the profits (if you held them for more than a year you would get a discount on the capital gains tax you have to pay). If you made a loss you can use that capital loss to reduce any other capital gains in that income year, reduce any other income up to $3000 per year, or carry any additional capital loss forward to future income years to reduce any gains or income (up to $3000 per year) you do have in the future."}
{"_id": "314211", "title": "", "text": "\"Darling, I was an adjunct professor in a university.   With \"\"no child left behind\"\", people who can barely read finish high school and I, as a professor in the university, was told I cannot fail anyone of them in my classes.  High school requirements and even Bachelor degrees became a joke and totally worthless degrees.  And the more people get \"\"bachelor degree\"\" the less benefit and value those degrees will have.  **Not long time ago, to be a teller in Bank, you did not need to finish high school. Just be good with basic math and organized. Today, you need a bachelor degree. Why? Why not? Too many people with worthless degrees, so why not require it as part of the job?**\""}
{"_id": "314214", "title": "", "text": "I wouldn't celebrate just yet. While Fox News has declined in ad pricing, it's still far higher than MSNBC.  Channel | Program | 30-second spot Price ---|---|--- Fox News | Tucker | $12,200 Fox News | Hannity | $8,500 MSNBC | Maddow | $4,600 MSNBC | O'Donnell | $3,700 MSNBC | Chris Hayes | $3,300  Source: https://www.huffingtonpost.com/entry/foxnews-revenues-down-17_us_59f2ab68e4b03cd20b80aa61"}
{"_id": "314219", "title": "", "text": "Couple quick ?s to help understand your situation a bit better. Are you currently in school and if so grad or undergrad? Undergrad opens up a whole different world of formal recruiting than you would get otherwise. It sounds like you already graduated, if so, how many years out are you? Further out, the much harder it's going to be without going back to get an MBA or MSF. Your other option is being in the top 1-5% of your career, but like has been said, you still can't get into financial consulting. IT do companies like PWC, BoozAllen, Capgemini, Cognizant and Accenture would be better.   If you're more than 5 years out of undergrad without an MBA, it is going to be EXTREMELY difficult I break in, no less with the firms you mentioned. McKinsey is a lot like Goldman, in some cases the acceptance  rate from recruiting can be more difficult than Harvard. You're going up against extremely intelligent, hard working individuals who are trained in strategy consulting through degrees. Be prepared for this and no matter what you're doing, networking is going to be key to getting in so start now. People you meet at these companies can help you more with that.   Also, what in particular excites you about consulting? Also, what kind of consulting (ie biz dev, strategy, financial, IT, due diligence, govt, etc.). You need to understand that before doing a search. There are major differences between each of them.   Not trying to he a debbie downer, just a realist. If say, for example, I did a basic programming course and really enjoyed it, I wouldn't immediately apply to Google, and Google would expect me to be formally trained by more than just reading programming books. It's not much different with very high end consulting and easily just as competitive as getting into a Google. I hope this helps.   Hopefully with a reply I can help a little more! Not saying it can't be done, just difficult depending on where you are in your career path."}
{"_id": "314235", "title": "", "text": "This is from Google Finance right now."}
{"_id": "314240", "title": "", "text": "Rescuing the private banks has made very little difference. None of the countries in real trouble have large banking sectors. The majority of the problems has stemmed from the totally ridiculous public spending. Greece has a hilarious history of over spending. For example, their civil servants used to be paid for 14 months of the year. They also have comedy tax collection. According to there tax office there is only 324 swimming pools in the entire place..... a quick count on satellite reveals 1000s.  Some data is here: http://www.nytimes.com/2010/05/02/world/europe/02evasion.html?pagewanted=all&amp;_r=0  In reality many nations werent ready for the euro in the first place.   But to be clear, blaming the banks is like blaming a snowball for the sinking of the titanic. The numbers aren't even in the same league."}
{"_id": "314242", "title": "", "text": "\"What I would do, in this order: Get your taxes in order. Don't worry about fancy tricks to screw the tax man over; you've already admitted that you're literally making more money than you know what to do with, and a lot of that is supported, one way or another, by infrastructure that's supported by tax money.  Besides, your first priority is to establish basic security for yourself and your family.  Making sure you won't be subjected to stressful audits is an important part of that! Pay off any and all outstanding debts you may have.  This establishes a certain baseline standard of living for you: no matter what unexpected tragedies may come up, at least you won't have to deal with them while also keeping the wolves at bay at the same time! Max out a checking account. I believe the FDIC maximum insured value is $250,000.  Fill 'er up, get a debit card, and just sit on it.  This is a rainy day fund, highly liquid and immediately usable in case you lose your income. Put at least half of it into an IRA or other safe investments.  Bonds and reliable dividend-paying stocks are strongly preferred: having money is good but having income is much better, especially in retirement! Quality of life.  Splurge a little.  (Emphasis on a little!)  Look around your life. There are a few things that it would be nice if you just had, but you've never gotten around to getting.  Pick up a few of them, but don't go overboard.  Spending too much too quickly is a good way to end up with no money and no idea what happened to it.  Also, note that this isn't just for you; family members deserve some love too! Charitable giving.  If you have more money than you know what to do with, there are plenty of people out there who know exactly what to do--try to go on living and build a basic life for themselves--but have no money with which to do so.  Do your research.  Scam charities abound, as do more-or-less legitimate ones who actually do help those in need, but also end up sucking up a surprisingly high percentage of donations for \"\"administrative costs\"\".  Try and avoid these and send your money where it will actually do some good in the world. Reinvest in yourself.  You're running a business.  Make sure you have the best tools and training you can afford, now that you can afford more!\""}
{"_id": "314252", "title": "", "text": "\"A financial planner can help with investments, insurance, estate planning, budgeting, retirement planning, saving for college, tax planning/prep, and other money topics. One way to get a sense is to look at this Certified Financial Planner topic list. Another idea is to look at this book (my favorite I've read) which covers roughly a similar topic list in a concise form: http://www.amazon.com/Smart-Simple-Financial-Strategies-People/dp/0743269942 It could not hurt at all to read that before deciding to visit a planner, so you have baseline knowledge. By the way, look for the CFP certification which is a generalist certification. A CFP might also have a deeper cert in certain topics or connect you with someone who does. For example: You really want a generalist (CFP) who may have an additional credential as well. The idea is to holistically look at what you're trying to accomplish and all finance-related areas. Especially because there may be tradeoffs. The CFP would then refer you to or work with lawyers, accountants, etc. Importantly, some advisors are fiduciaries (must act in your interests) and some are not. In particular many stockbrokers are neither qualified planners (no CFP or equivalent) nor are they fiduciaries. Stay away. There are several models for paying a financial planner, including: There's an organization called NAPFA (napfa.org) for fiduciary non-commission-based planners. Membership there is a good thing to look for since it's a third party that defines what fee-only means and requires the no-commissions/fiduciary standard. Finally, the alternative I ended up choosing was to just take the CFP course myself. You can do it online via correspondence course, it costs about the same as 1 year of professional advice. I also took the exam, just to be sure I learned the stuff. This is the \"\"extreme DIY\"\" approach but it is cheaper over time and you know you are not going to defraud yourself. You still might do things that are counterproductive and not in your interests, but you know that already probably ;-) Anyway I think it's equivalent to about a quarter's worth of work at a decent college, or so. There are about 6 textbooks to dig through. You won't be an experienced expert at the end, but you'll know a lot. To get an actual CFP cert, you need 3 years experience on top of the courses and the exam - I haven't done that, just the book learning. Someone who puts \"\"CFP\"\" after their name will have the 3 years on top of the training. Some editorial: many planners emphasize investing, and many people looking for planners (or books on finance) emphasize investing. This is a big mistake, in my view. Investing is more or less a commodity and you just need someone who won't screw it up, overcharge, and/or lose your money on something idiotic or inappropriate. Some people are in plain-bad and inappropriate investments, don't get me wrong. But once you fix that and just get into anything decent, your biggest planning concerns are probably elsewhere. On investments, I'd look for a planner to just get you out of overpriced annuities and expensive mutual funds you may have been sold (anything you were sold by a salesperson is probably crap). And look for them to help you decide how much to invest, and how much in stocks vs. bonds. Those are the most important investment decisions.\""}
{"_id": "314274", "title": "", "text": "&gt; Baltimore - 50 Years Of Liberal Welfare State Policies  Okay.  &gt; Baltimore has a corrupt, reckless, out of control police department enabled by a crooked and incompetent Baltimore politicians.  So your argument is that Baltimore has a cancerous police department and Democrat controlled city government has not fixed the problem so Democrat social policies are to blame.  Did I miss something?  &gt; Dirving Through Detroit At Night \u2013 What 50 Years of Democrat Rule Looks Like  Unless you are going to argue that Democrat policies are responsible for the Chrysler and GM going into Chapter 11 bankruptcy, I think you know this is pointing the finger in the wrong direction."}
{"_id": "314279", "title": "", "text": "You're creating more liabilities for yourself in the future, although yes this could definitely be a profitable move for you. However, some small mistakes you made, from what I can see using the tools at Hargreaves Lansdown. The first, is that the government relief would only be 20%, not 60%. The second is that the tax relief goes directly into the SIPP, it's not something you get given back to you in cash. In order for this to be worthwhile, you need to be sure that you can make a post-tax gain of more than 3.4% on this money per year - which should be very feasible. It sounds like you have enough security that you could afford to take this risk."}
{"_id": "314284", "title": "", "text": "The f150 has been the top selling vehicle in the United States for geeze, I don't know maybe 20 years? The country runs on F150s. Basically every carpenter, mason' electrician, air conditioning guy, roofer, machinist, construction worker, pipeline inspector, municipal parks employee, horse trainer, and so on, and so on... Every one of these people drive an F150 everyday for work.  then there are a whole bunch of people that drive F150s for fun. They use them to pull their boats, their camper trailers, their motorcycles,..."}
{"_id": "314286", "title": "", "text": "I am sure when that happens, a lot of local Californians will be happy.  And, I am surprised how people are OK with letting foreign investors come in and manipulate the local economy.  Well....I guess the ones who see their home values double/triple are probably happy about it."}
{"_id": "314289", "title": "", "text": "\"I'd say your tenant is out $750, not you. How you handle it is totally personal preference.  If you want to be the super-nice landlord and eat the loss this one time, then you might gain some karma and hopefully they'll be awesome tenants for the remainder of their stay. Are they the kind of tenants you want to be nice to because they deserve it?  You (and she) have no way to prove she ever actually tried to pay you. Sound like she is learning a $750 lesson. \"\"Don't leave cash in a mailbox, and always get a receipt for rent paid.\"\" Your insurance company would likely not pay out as it'd be below a typical deductible and you can't really prove the money ever existed. You'd be better off just taking the loss.  Think about it this way: How would you expect a bank or utility company to respond to this situation? \"\"Yeah, I left my mortgage as a cash-filled envelope on your doorstep. You didn't get it? I told you I'd do it!\"\" Guess who's paying double mortgage and a late fee?  You're not stuck with option 1, you're choosing to do it. She could refuse and fight you on it, which might not be worth the headache and potential small-claims court. But you're entitled to receive the rent and she is obligated to pay it. And \"\"paying it\"\" means making sure you actually receive it.\""}
{"_id": "314300", "title": "", "text": "If you have been putting savings away for the longer term and have some extra funds which you would like to take some extra risk on - then I say work yourself out a strategy/plan, get yourself educated and go for it. If it is individual shares you are interested then work out if you prefer to use fundamental analysis, technical analysis or some of both. You can use fundamental analysis to help determine which shares to buy, and then use technical analysis to help determine when to get into and out of a position. You say you are prepared to lose $10,000 in order to try to get higher returns. I don't know what percentage this $10,000 is of the capital you intend to use in this kind of investments/trading, but lets assume it is 10% - so your total starting capital would be $100,000. The idea now would be to learn about money management, position sizing and risk management. There are plenty of good books on these subjects. If you set a maximum loss for each position you open of 1% of your capital - i.e $1,000, then you would have to get 10 straight losses in a row to get to your 10% total loss. You do this by setting stop losses on your positions. I'll use an example to explain: Say you are looking at a stock priced at $20 and you get a signal to buy it at that price. You now need to determine a stop price which if the stock goes down to, you can say well I may have been wrong on this occasion, the stock price has gone against me so I need to get out now (I put automatic stop loss conditional orders with my broker). You may determine the stop price based on previous support levels, using a percentage of your buy price or another indicator or method. I tend to use the percentage of buy price - lets say you use 10% - so your stop price would be at $18 (10% below your buy price of $20). So now you can work out your position size (the number of shares to buy). Your maximum loss on the position is $2 per share or 10% of your position in this stock, but it should also be only 1% of your total capital - being 1% of $100,000 = $1,000. You simply divide $1,000 by $2 to get 500 shares to buy.  You then do this with the rest of your positions - with a $100,000 starting capital using a 1% maximum loss per position and a stop loss of 10% you will end up with a maximum of 10 positions. If you use a larger maximum loss per position your position sizes would increase and you would have less positions to open (I would not go higher than 2% maximum loss per position). If you use a larger stop loss percentage then your position sizes would decrease and you would have more positions to open. The larger the stop loss the longer you will potentially be in a position and the smaller the stop loss generally the less time you will be in a position. Also as your total capital increases so will your 1% of total capital, just as it would decrease if your total capital decreases. Using this method you can aim for higher risk/ higher return investments and reduce and manage your risk to a desired level. One other thing to consider, don't let tax determine when you sell an investment. If you are keeping a stock just so you will pay less tax if kept for over 12 months - then you are in real danger of increasing your risk considerably. I would rather pay 50% tax on a 30% return than 25% tax on a 15% return."}
{"_id": "314303", "title": "", "text": "Mint.com is a web app with an iPhone (and Android) app. Also, You Need A Budget appears to support all three."}
{"_id": "314304", "title": "", "text": "No, it doesn't.  That would be true if somehow incomes were conserved, but they aren't.  What's much more likely is that income growth becomes muted in the first world with the vast majority of income growth happening in developing economies.  So, it doesn't require losing income, but it will mean constrained income growth in developed countries."}
{"_id": "314311", "title": "", "text": "&gt; After the NYT drummed up war in Iraq I've been done with that paper. They failed when we needed them the most.  This should really be the #1 comment on this thread. When it comes to important topics like international affairs, they're more of a propaganda rag than a source of serious journalism or analysis. I haven't taken them seriously since 2003, and what I do come across from them now and again on reddit is usually very biased (pro-American government)."}
{"_id": "314326", "title": "", "text": "Isn\u2019t getting a massage when you are tired, the best thing ever? Massaging is greatly relaxing and is also used to help people get cured of their pain. Attain Health and Fitness is the best place for hypnotherapy in mandurah wa. Our professionals are the best in the business."}
{"_id": "314328", "title": "", "text": "Also a good point. I think that happens, but given the amount of work available here (bay area) it would still be easier to find another job after layoffs. Also considering the increase in average CEO /executive age in the last 40 years, and the increasing retirement age -higher leveled inside promotions are becoming less frequent. But as to the original comment, years ago he did the cost benefit analysis and chose to stay - seems as valid for me to be doing the same (albeit different conclusion)."}
{"_id": "314335", "title": "", "text": "More possible considerations: Comparability with other properties.  Maybe properties that rent for $972 have more amenities than this one (parking, laundry, yard, etc) or are in better repair.  Or maybe the $972 property is a block closer to campus and thus commands 30% higher rent (that can happen).  Condition of property.  You know nothing about this until you see it.  It could be in such bad shape that you can't legally rent it until you spend a lot of money fixing it.  Or it may just be run down or outdated: still inhabitable but not as attractive to renters, leading to lower rent and/or longer vacancy periods.  Do you accept that, or spend a lot of money to renovate? Collecting the rent.  Tenants don't necessarily always pay their rent on time, or at all.  If a tenant quits paying, you incur significant expenses to evict them and then find a new tenant, and all the while, you collect no rent. There could be a tenant in place paying a much lower rent.  Rent control or a long lease may prevent you from raising it.  If you are able to raise it, and the tenant doesn't want to pay, see above. Maintenance and more maintenance.  College students could be hard on the property; one good kegger could easily cause more damage than their security deposits will cover. Being near a university doesn't guarantee you an easy time renting it.  It suggests the demand is high, but maybe the supply is even higher.  Renting to college students has additional issues.  They are less likely to have incomes large enough to satisfy you that they can pay the rent.  Are you willing to deal with cosigners?  If a student quits paying, are you willing to try to collect from their cosigning parents in another state?  And you'll probably have many tenants (roommates) living in the house.  They will come and go separately and unexpectedly, complicating your leasing arrangements.  And you may well get drawn in to disputes between them."}
{"_id": "314339", "title": "", "text": "\"So it seems like a lot of people here aren't exactly sure about why this works and its financial implications.   So what you are referring to is in Finance something called Funds Transfer Pricing or FTP (often referred to as just Transfer Pricing). Like anything else, FTP has its place. Most companies; however, don't use it properly. FTP, theoretically, has one primary purpose (although it's developed a second): to properly allocate opportunity costs across divisions.  Let's say Company A produces widgets. They sell these widgets for $200 at a TOTAL COST of $150 and book profits of $50. Now to produce the widget Division 1 makes a computer chip at a cost of $50 that it then \"\"sells\"\" to Division 2 for $60. Division 1 then books a profit of $10. Division 2 then makes some plastic stuff and assembles the device. This is labor intensive so Division 2's costs are $100. Company A sells the completed device for $150. Division 2 subsequently books profits of $40, and appears much more profitable than Division 1, on the surface.  The problem arises when Division 1 could sell the chip to the open market for $125. Now it costs them $50 to produce, and they could make a theoretical profit of $75. This is MORE than the company makes AS A WHOLE on the entire device. By having Division 2 pay effectively \"\"fair market price\"\" for that chip, you realize that Division 2 is really operating at a loss (the *opportunity cost* of not selling the chip to market is greater than producing the completed device). Company A would be better off getting rid of Division 2 and solely focusing on Division 1. In a good FTP system, Division 2 would pay the fair market price of $125. If done properly, management would  hopefully realize it should divest Division 2.  That's the ***fundamental premise*** behind FTP. In actuality things get much more complicated because of economics, the company itself, branding, IT, operations, management, PPE, labor laws, etc. Thats why most companies screw it up. All that other stuff falls under whats called cost allocation accounting. It gets VERY complex and entire masters courses are dedicated to it (different methods, etc.)   The other thing you can do with FTP is get crazy tax breaks due to various tax laws. The simplified explanation is that divisions pay taxes on profits to the government ***that division*** is located in (this works on the state level, too btw.). GE does a lot of this and it's a big part of why they pay almost no-taxes. Again, it gets more complicated when you involve audits as there's some grey area legally.   For simplicity, assume tax rates are 40% in the US and 10% in India. So let's say GE makes an airplane engine in the US but \"\"finishes\"\" manufacturing in India. These specific engines costs $5,000,000 for the US division to make, up to a certain point.  The US division can then sell the engine at a break even to India. So India \"\"pays\"\" $5,000,000 for the engine. The US division then books no profit. India finishes the manufacturing with additional costs of $1,000,000. The India division then sells the engine to the open market for $9,000,000 . Therefore, the India division books a profit of $3,000,000 and pays taxes of $300,000. Now GE as a whole makes a profit of $3,000,000 less taxes of $300,000 = net profit of $2,700,00.  Further, let's say the fair market value of the engine, as is, when the US sells to India is $7,000,000. That would mean US ***should*** book profits of $2,000,000 and India ***should*** book profits of $1,000,000. Total taxes by GE are now $800,000 (US) + $100,000 (India) = $900,000. However, what's important is that NET PROFIT is now $2,100,000. ***GE just saved $600,000 in taxes by doing this***. The beauty of this is, divisions are supposed to charge fair market value for products FTP'd internationally; however, it's REALLY hard for the IRS to say what the value of an unfinished product really is (heck, you could be offering bulk discounts, etc.)...  The fact is, often, US divisions have skilled labor that is difficult to replicate elsewhere. They just show US divisions operating at losses to make the company as a whole better. The problem, again, arises when top management don't fully appreciate or understand the reasoning behind this stuff. They end up making cuts to US labor because it's \"\"unprofitable\"\" without thinking about the entire story.   I know this is very long winded but hope it helps!  ***tldr; companies FTP to recognizes profitability and opportunity costs of divisions as well as use it for overseas tax breaks.***  Side note: Politically speaking, people who know how this works are pissed off about it in the U.S. (don't worry though, most politicians on both sides don't have a clue). We have high corporate tax rates relative to other countries and IRS loopholes allow this kind of thing (lobbying $$). It's also why, economically, you can't just raise ***corporate*** tax rates to increase domestic tax reciepts as more companies will just implement this process (it's complicated to do properly). Also, please don't say 50 years ago tax rates were higher and raising taxes increased receipts. The fact is most companies couldn't even FATHOM doing this 50 years ago, no less even 20.  edit: some clarification in wording\""}
{"_id": "314342", "title": "", "text": "\"Many individual states, counties, and cities have their own income taxes, payroll taxes, sales taxes, property taxes, etc., you will need to consult your state and local government websites for information about additional taxes that apply based on your locale. Wages, Salaries, Tips, Cash bonuses and other taxable employee pay, Strike benefits, Long-term disability, Earnings from self employment Earned income is subject to payroll taxes such as: Earned income is also subject to income taxes which are progressively higher depending on the amount earned minus tax credits, exemptions, and/or deductions depending on how you file. There are 7 tax rates that get progressively larger as your income rises but only applies to the income in each bracket. 10% for the first 18,650 (2017) through 39.6% for any income above 470,700. The full list of rates is in the above linked article about payroll taxes. Earned income is required for contributions to an IRA. You cannot contribute more to an IRA than you have earned in a given year. Interest, Ordinary Dividends, Short-term Capital Gains, Retirement income (pensions, distributions from tax deferred accounts, social security), Unemployment benefits, Worker's Compensation, Alimony/Child support, Income earned while in prison, Non-taxable military pay, most rental income, and S-Corp passthrough income Ordinary income is taxed the same as earned income with the exception that social security taxes do not apply. This is the \"\"pure taxable income\"\" referred to in the other linked question. Dividends paid by US Corporations and qualified foreign corporations to stock-holders (that are held for a certain period of time before the dividend is paid) are taxed at the Long-term Capital Gains rate explained below. Ordinary dividends like the interest earned in your bank account are included with ordinary income.  Stocks, Bonds, Real estate, Carried interest -- Held for more than a year Income from assets that increase in value while being held for over a year. Long term capital gains justified by the idea that they encourage people to hold stock and make long term investments rather than buying and then quickly reselling for a short-term profit.  The lower tax rates also reflect the fact that many of these assets are already taxed as they are appreciating in value. Real-estate is usually taxed through local property taxes. Equity in US corporations realized by rising stock prices and dividends that are returned to stock holders reflect earnings from a corporation that are already taxed at the 35% Corporate tax rate. Taxing Capital gains as ordinary income would be a second tax on those same profits. Another problem with Long-term capital gains tax is that a big portion of the gains for assets held for multiple decades are not real gains. Inflation increases the price of assets held for longer periods, but you are still taxed on the full gain even if it would be a loss when inflation is calculated. Capital gains are also taxed differently depending on your income level. If you are in the 10% or 15% brackets then Long-term capital gains are assessed at 0%. If you are in the 25%, 28%, 33%, or 35% brackets, they are assessed at 15%. Only those in the 39.6% bracket pay 20%. Capital assets sold at a profit held for less than a year Income from buying and selling any assets such as real-estate, stock, bonds, etc., that you hold for less than a year before selling. After adding up all gains and losses during the year, the net gain is taxed as ordinary income. Collectibles held for more than a year are not considered capital assets and are still taxed at ordinary income rates.\""}
{"_id": "314352", "title": "", "text": "If it makes your finances easier, why not? My wife and I had his/hers/our since before we were married. I also have an account to handle transactions for my rental property, and one extra for PayPal use. I was paranoid to give out a checking account number with authorization for a third party to debit it, so that account has a couple hundred dollars, maximum. All this is just to explain that your finances should be arranged to simplify your life and make you comfortable."}
{"_id": "314383", "title": "", "text": "Though I did answer the linked question, I thought to quote parts of this article. Source: The RRSP advantage, by David Hodges, February 6th 2015 [John] Storjohann ['the 58-year-old Calgary project manager'] is keenly aware of the two main advantages of RRSPs: the tax refund when you make a contribution, and the tax-deferred growth until you make withdrawals in retirement. These make RRSPs ideal for those who expect to be in a lower tax bracket when they stop working\u2014which will be the case for most Canadians. For those in the highest tax bracket today, the RRSP is a no-brainer. That\u2019s why Storjohann\u2019s always surprised when he meets people pulling in good incomes who think TFSAs stack up better than RRSPs. \u201cPeople just don\u2019t understand how these accounts work.\u201d This is the most common objection to RRSPs: people simply hate the idea of paying taxes on the withdrawals. Money taken out of a TFSA, by contrast, is tax-free, which sounds far more appealing. But that logic ignores the fact that you receive a tax refund when you put money in an RRSP, while TFSA contributions are made with after-tax dollars. So for the Fosters and other Canadians weighing this decision, it comes down to whether it\u2019s better to pay tax now or later. And that\u2019s not an easy question to answer. Both Hamilton and Kirzner say that anyone earning more than $50,000 is usually better off prioritizing RRSPs over TFSAs. While both accounts allow your investments to grow tax-free, the tax refund makes the RRSP more attractive for high-income earners. ... That, in a nutshell, is what makes RRSPs better than TFSAs for higher earners: Not only are you taxed on your money years later, but because you\u2019re in a lower bracket when you retire, you\u2019ll pay less tax too.  When your income is between $35,000 and $50,000, the long-term tax differences between RRSPs and TFSAs become negligible, says Malcolm Hamilton. In that salary range, \u201cjust being able to put money aside in either an RRSP or a TFSA is great.\u201d But RRSPs can still be a better choice for reasons that don\u2019t involve tax deferral or refunds. In his new book, Wealthing Like Rabbits, author Robert Brown makes the case for favouring RRSPs over TFSAs most of the time because the former usually means less temptation to access your retirement savings early. Footnote: This 2012 CBC.ca article intelligibly explains RRSPs, free of jargon."}
{"_id": "314384", "title": "", "text": "I'd love to help you, but without knowing the kind of reporting you do, that's going to be kind of hard.  Plus it is a bit of a conflict of interest ;)  Of course, if you want to take me on as a C-level exec, I could probably handle that."}
{"_id": "314386", "title": "", "text": "What needs to happen is rights need to expire if they go unused 10 years. That would allow Disney and other large firms to continue on mostly unimpeded, since it would allow them to renew their more popular material fairly easy, but it would allow most copyrights to expire within a reasonable time frame."}
{"_id": "314388", "title": "", "text": "\"As everyone else has said, we're producing gasoline, not crude oil.  But since you asked, even if we did produce enough crude for our needs, we would still import if someone else can produce it more cheaply, or if our resources would be better spent elsewhere.  The classic example from economics class is a dentist hiring someone to mow his lawn.  Sure, the dentist is a healthy guy, he could mow his own grass for free.  But that would take him an hour, and he could be using that hour to be a dentist, instead.  And an hour of dentistry is worth a lot more than an hour of mowing the lawn.  This is called \"\"comparative advantage\"\" - for trade, it doesn't matter how productive you are in absolute terms, just that you can do one thing better than another.\""}
{"_id": "314391", "title": "", "text": "A lot can happen to a stock's price in 1 hour and especially 30 days.  Not allowing investors to back out of if they desire would be a bad idea.  These HFT firms operate on milliseconds.  Requiring investors to hold for even just 1-5 seconds would be a major blow to the industry."}
{"_id": "314397", "title": "", "text": "Has the VIX always received this much attention? I feel like I never really saw articles on it until about 2 years ago, and the attention has especially ramped up post election. Granted, I'm young and may have just not been aware.  As the post alludes to, I think a big problem is people's interpretation of VIX being the market expectation of volatility. In a mathematical sense, that would only be valid if 1) the price of options perfectly reflects volatility, and 2) investors can rationally evaluate the future.   (1) is arguable as volatility is just the single free parameter in BS and captures all confounded factors in the price, including supply/demand mismatches. (2) is debatable just because it essentially assumes that the wisdom of crowds will be true on average. My prior on this is that they're correct that often, and that the VIX is probably a pretty poor predictor of future realized volatility. I'll check this last claim and edit."}
{"_id": "314410", "title": "", "text": "\"None of the previous answers (which are all good) mention margin accounts (loans from your broker).  You may also have heard them described as \"\"leverage\"\".  It may seem odd to mention this rather narrow form of debt here, but it's important because overuse of leverage has played a large part in pretty much every financial crisis you can think of (including the most recent one).  As the Investopedia definitions indicate, leverage magnifies gains, but also magnifies losses. I consider margin/leverage to be \"\"bad\"\" debt.\""}
{"_id": "314423", "title": "", "text": "Former consultant with Booz Allen and Deloitte here, I'd say get some solid experience doing programming (especially in finance), get like 3 years experience in IT in finance and then do your MBA.  Thats a great setup for you to become a huge asset to any of the big consulting group."}
{"_id": "314430", "title": "", "text": "Yes, Canada considers water a national resource and they do so because treating it as a commodity would remove most restrictions on its exportation. Even now while it's socialized, companies have successfully sued our government when they were blocked from mass-exporting our water to the US. They say water is the next big thing in light of global warming and decreased the availability of drinkable water worldwide so for real, I don't agree with your sentiment here:   &gt; When you socialize your natural resources like this what did you expect?  https://esemag.com/water/canadian-water-security/"}
{"_id": "314455", "title": "", "text": "didn't pay the extra underpayment penalty on the grounds that it was   an honest mistake. You seem to think a penalty applies only when the IRS thinks you were trying to cheat the system.  That's not the case. A mistake (honest or otherwise) still can imply a penalty. While you can appeal just about anything, on any grounds you like, it's unlikely you will prevail."}
{"_id": "314478", "title": "", "text": "\"And what exactly do I profit from the short? I understand it is the difference in the value of the stock. So if my initial investment was $4000 (200 * $20) and I bought it at $3800 (200 * $19) I profit from the difference, which is $200. Do I also receive back the extra $2000 I gave the bank to perform the trade? Either this is extremely poorly worded or you misunderstand the mechanics of a short position.  When you open a short position, your are expecting that the stock will decline from here.  In a short position you are borrowing shares you don't own and selling them.  If the price goes down you get to buy the same shares back for less money and return them to the person you borrowed from.  Your profit is the delta between the original sell price and the new lower buy price (less commissions and fees/interest).  Opening and closing a short position is two trades, a sell then a buy.  Just like a long trade there is no maximum holding period. If you place your order to sell (short) 200 shares at $19, your initial investment is $3,800.   In order to open your $3,800 short position your broker may require your account to have at least $5,700 (according to the 1.5 ratio in your question).  It's not advisable to open a short position this close to the ratio requirement.  Most brokers require a buffer in your account in case the stock goes up, because in a short trade if the stock goes up you're losing money.  If the stock goes up such that you've exhausted your buffer you'll receive what's known as a \"\"margin call\"\" where your broker either requires you to wire in more money or sell part or all of your position at a loss to avoid further losses.  And remember, you may be charged interest on the value of the shares you're borrowing. When you hold a position long your maximum loss is the money you put in; a position can only fall to zero (though you may owe interest or other fees if you're trading on margin).  When you hold a position short your maximum loss is unlimited; there's no limit to how high the value of something can go.  There are less risky ways to make short trades by using put options, but you should ensure that you have a firm grasp on what's happening before you use real money. The timing of the trades and execution of the trades is no different than when you take a plain vanilla long position.  You place your order, either market or limit or whatever, and it executes when your trade criteria occurs.\""}
{"_id": "314492", "title": "", "text": "Generally in International transfers there are 4 Banks involved. Customer's Bank [Customer who initiating the payment], also called Sender Bank. There is Sender's Correspondent Bank. Then there is Beneficiary Bank also called Receiver Bank [Bank where Beneficiary holds account]. There is Receiver's Correspondent Bank. So Person A-> A's Bank -> A's Correspondent bank -> B's Correspondent Bank -> B's Bank -> Person B. Depending on the currency, at times there is only one correspondent Bank. The Chain of Correspondent Bank is common knowledge and quite often if you don't provide all the details; your Bank or other Bank will fill in default details and processes the payments. However it all depends on which bank and whether they are inclined to do so. Some bank specifically insist to use a preferred correspondent bank so if you don't specify any they may return / reject it."}
{"_id": "314499", "title": "", "text": "It sounds like your looking for something like an offshore bank (e.g. an anonymous Swiss bank account).  These don't really exist anymore. I think you should just open a small bank account in your home country (preferably one the reimburses your ATM fees, like Charles Schwab in the US).  If it's a small amount of money, the authorities probably won't care and they won't be able to give you large penalties anyways."}
{"_id": "314508", "title": "", "text": "There's a concept called interest rate parity, which sort of says that you cannot profit on the difference in interest rates. This difference accounts for the predicted movement in exchange rates as well, along with the stability of the currencies."}
{"_id": "314531", "title": "", "text": "To get best car title loans in Los Angeles try fast, trusted, convenient, simple and secure process for title funding. True Financial makes title loans quick, easy and convenient for you. There are number of easy ways for you to finance through them and lead the way in making fast, cost effective title loans to help you."}
{"_id": "314538", "title": "", "text": "In reality, shareholders have very few rights other than the right to profits and the right to vote on a board.  In general, a proxy fight to replace the board is complicated and expensive, so unless the interested parties buy close to 50% of the shares it's unlikely to be successful.  Furthermore, a lot of the shares are held by insiders and institutions.    I suppose if a large group of shareholders got together and demanded this, the existing directors may listen and give in to avoid unhappy shareholders being a general annoyance.  That seems pretty unlikely unless the stake gets large.  There's a great episode of NPR Planet Money [board games](http://www.npr.org/sections/money/2017/07/19/538141248/episode-594-board-games) which talks about one man's struggle to get the company to take some action."}
{"_id": "314540", "title": "", "text": "The contract is not with the guests. The guests will not be paying the $500 fee, the people paying for the wedding have a contract and they will be required to pay the fee.   That's reasonable to me. If an employee causes damage the employer can be liable; if I have guests at my home who cause damage I can be found liable. Why not wedding guests?"}
{"_id": "314556", "title": "", "text": "Do you know how SoFi's business model works? They're usually pretty conservative with their loans and refinancing. But I guess if they were looking to expand into riskier loans then it sounds like they've got some red tape that'd hold them back. Thank you for the explanation, much appreciated."}
{"_id": "314579", "title": "", "text": "\"I'm a recent Finance grad from a CSU (Dec. 2016) looking to apply for Finance positions like financial analysis or financial planning. I have no relevant experience unfortunately, but would love some feedback on my resume! thank you!   Please let me know if this resume format looks strange or unappealing to the eye.  I wanted to use \"\"MyPerfectResume\"\" because their professional template was exactly what I wanted, but I don't want to pay money for a template.\""}
{"_id": "314591", "title": "", "text": "There used to be one on water street right by the Staten Island ferry, but it got wiped by Sandy and there are no plans to bring that back (the building may have even been demolished, or perhaps it's one right next to it)"}
{"_id": "314607", "title": "", "text": "The starving man has no means with which to attain food because he is incapable of contributing to society on the scale necessary to satiate himself, the same would be true whether he was cast out to antarctica with a million dollars in a suitcase or put out on a curbside with nothing. You are misconstruing concrete, established economic theory with your own flawed preconception of how the world should be."}
{"_id": "314611", "title": "", "text": "Now this is a really interesting one, so a Canadian guy who's ex brother in law was in Guantanamo, gets married again and decides to take his pregnant wife on a Back packing trip to Afghanistan and gets kidnapped by the Taliban, who allow him and his wife to have 2 more children in captivity, because they don't know how white people fuck, all the while US intelligence is tracking them, but doing nothing till they cross the Pakistani border where they inform the Pakistani Army to free the hostages but do nothing all the while they traveled through Afghanistan, and the family is rescued, after a fire ight but refuses to board an American aircraft in fear of being arrested and Donald Liddle' Wick thinks he is being respected more.  Fucking Moron is an understatement"}
{"_id": "314612", "title": "", "text": "\"&gt;The inherent selfishness of mankind needs to be confined by the state for the greater good if entities fail to adhere to decent human standards.  As an American, I've never been sure if this is a \"\"human thing\"\" or an American thing.  I'm inclined towards the latter, because I'm living in another country now where there's no actual law requiring people close their businesses early the eve of a public/religious holiday, *but everyone still does*.  Running errands at 2PM before a holiday (by the way, *every single Saturday* is such a holiday here) is actually difficult because of how many businesses close down and give people their time off.  I've resented not being able to get things done, but *dear God* it must be *wonderful* for people with families with whom to spend the holidays.\""}
{"_id": "314621", "title": "", "text": "I'm attacking because you have put more time and energy into defending  whole foods than most people put into defending their families.  You aren't merely checking your inbox, you are specifically answering THIS THREAD, and doing so within a few minutes of the post being made.  That's a lot of dedication to a brand.  As far as you now saying that it's the difference between a horror movie or an arthouse movie, you don't act that way.  I've never felt the need to defend my media choices by camping on the inbox.  I've never been personally insulted that someone doesn't like my media choices, nor have I ever insulted other types of movies.    Honestly, other than shilling, there's no other explanation for exactly why you're taking this all so personally.  Or why you feel the need to answer every person who says something bad about WF.  Or why you can always more or less stay on a set of talking points no matter what.    So I'll shill as well /r/hailcorporate!"}
{"_id": "314627", "title": "", "text": "Why don't you go complain about SS? That is far more of a ponzi scheme than the Fed. And the difference is, the government HAS an actual way to generate income. Last I checked, ponzi schemes were developed because there was a severe lack of incoming cash flow."}
{"_id": "314663", "title": "", "text": "Dexmet offers a wide range of expanded metal foils and can produce rolls up to 1,200mm (48\u201d) in width. Dexmet\u2019s precision expansion process ensures high reproducibility leading to a more consistent final product and lower cost of quality. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "314665", "title": "", "text": "&gt; Nearly 60 percent of its students are behind grade level in math. Nearly 50 percent trail in reading. A third do not graduate on time. And hundreds of children, from kindergartners to seniors, withdraw within months after they enroll.  Correct me if I am wrong, but isn't that about par for the course - if you are comparing to public schools? I've read in some bigger cities they are lucky to graduate 50% the kids that enter."}
{"_id": "314669", "title": "", "text": "Yes it is viable as long term!! BUT... The average yearly return for the Nasdaq-100 for the last 20 years is 15%!! If you subtract the financing cost for the CFD (my broker is 4%) it gives you about 11%. You can add 1% dividend yield to that. That's 12% return!! As you earn more you can compound in more contracts. Make sure you keep your buffer. Soon enough you can have a very large exposure. The market right now is in euphoria. But a Trump impeachment can be very dangerous thing.. Happy investing!!"}
{"_id": "314676", "title": "", "text": "\"This article absolutely nailed it. There's a better saying: \"\"Money can't buy happiness, but it calms the nerves\"\". Some years ago I lost my job just as the economy tanked. I spent nearly 3 years on what could be best described as a 'subsistence' income. I had played the whole game of which utility got paid this month and ended up in a bit of debt. It was just hell and it still haunts me. I was so messed up after that, I didn't even like taking vacation time. Just hanging around my apartment brought back memories of being unemployed and having no where to go. To this day I won't turn down overtime or a chance to make some extra money.\""}
{"_id": "314679", "title": "", "text": "There are 3 entities in a credit card transaction; Typically when you swipe for 100, the merchant only gets around 97.5. The 2.5 is divided amongst the 3 entities, roughly around 0.5 for the Merchant Bank, around 0.5 for the Card Network and a lions share to Issuing Bank of around 1.5 The reason Issuing Bank gets large share is because they take the risk and provide the credit to customer. Typically the Issuing Bank would pay the Merchant bank via the Card Network the money in couple of days. So the Merchant Bank is not out of funds. The Issuing Bank on the other hand would have given you a credit of say 10 to 50 days depending on when you made the transaction and when the payment is due. On an average 30 days of credit. So roughly the Acquiring Bank is lending money at the rate of 18%. It is from this money the Issuing Bank would give out rewards, which is typically less than 1%. Also in cases where say Merchant Bank and the Issuing Bank are same, Bank would make money on both the legs of transaction and hence launch co-branded cards with better rewards. The above numbers are illustrative and actual practices vary from Bank to Bank to card Network to Country Related question at How do credit card companies make profit?"}
{"_id": "314687", "title": "", "text": "This is sad, not just for Nokia but for Finland as a whole. The shares used to be a synonym for a Finnish tech stock tracker fund as they not only employed lots of Finns, but also used a lot of subcontractors. They can't all make Angry Birds....  With Elop there like the proverbial dead albatross around the neck of the Ancient Mariner, they must remain with Microsoft, however they must stop Microsoft from killing their platform. Microsoft's behaviour is unacceptable.  Nokia's hardware reputation remains good. Their dumb phones retain a market share with those who are challenged for access to recharge facilities and don't want to spend $500. Perhaps they can leverage their far-eastern manufacturing capabilities for not quite so dumb phones (they must climb the value chain a bit), but retaining the excellent battery life.  Even in the west, there is a ready market for second phones that you really can use outdoors. I love my Galaxy Nexus, but it is hard to use in bright sunlight, water messes up touch sensitivity and so on. I still have my old E71 for use on the go. Far from weatherproof, but you get the general idea."}
{"_id": "314690", "title": "", "text": "20.8% of the market isn't anywhere close to a monopoly. I understand that it's over twice as much as their nearest competition, but there is still a lot of competition. Eh, but perhaps my definition of a monopoly is skewed by, you know, historical examples like Standard Oil and AT&amp;T."}
{"_id": "314691", "title": "", "text": "\"You should absolutely have a contract between you and your client stipulating the quid-pro-quos of the arrangement. They get the product, you get the money. First off, this contract should specify what you must do, and what they must do, for the contract to be \"\"satisfied\"\". This isn't necessarily just product for money; your client may be under deadlines to approve the product in various stages of work in process. Depending on the product, the client may be required to provide starting materials (like existing logos/slogans for advertising/marketing graphics), information on or access to computer systems (for software or infrastructure consulting, or accounting auditing), etc. Second, if you provide a tangible product like graphics or software, the contract should clearly state that \"\"intellectual property transfers on satisfaction of contract\"\"; they don't own what you have made until they have accepted it and paid you accordingly. If they try to stiff you by taking what you made them and using it before you've been paid, you can take them to the cleaner's for copyright violations. Third, you should structure a payment schedule; don't do too much for free. You can get the money in thirds, for instance; a third up front, a third at some defined halfway point and a third on final delivery and acceptance. Lastly, you should stipulate that the client is responsible for all expenses incurred by you as a result of their failure to pay as stipulated, up to and including attorney's fees. Definitely have a lawyer draft these agreements; contract law is a many-layered area of law with hundreds of years of case law and slightly different nuances in every state. A competent lawyer will know things that can and can't be stipulated in a contract, and if you try to do it alone you'll wish you hadn't when the contract's tossed out by a judge because of some technicality. If they refuse to pay, get the lawyer on the phone and file suit. A well-written contract drafted by a competent lawyer, which you have lived up to on your end, will give your client no loopholes to slip through. As far as recovering damages, it shouldn't matter whether he's in the U.S. or not; if he does business in the U.S. then he very probably has money in banks that have to listen to U.S. courts (or at least court orders).\""}
{"_id": "314698", "title": "", "text": "\"I was the one who made the beating you to the punch comment.   That liquidity is worthless without an active market. That's the whole point of liquidity. An ability to sell back when needed. High volume means nothing when the fucking HFT buys all the stock and holds you hostage to his sell price.   The only thing raising the price of pineapples is high speed trading. They only buy OR sell **when they see a bid.** That is not a traditional market maker.  Please, tell me how that is wrong. That is not a rhetorical question.  edit: If a pineapple is listed at 6.00 let's say you decide to buy and throw it in your cart. A store employee overhears you saying \"\"I'd be willing to pay 6.02 for this\"\". The employee tells the cashier to raise the price to 6.02 right before you get to the register. This is HFT in a nutshell. It doesn't provide an active pineapple market because the pineapple was only being offered once a buyer was lined up.\""}
{"_id": "314700", "title": "", "text": "That's what I was thinking right near the end. I didn't want him to essentially sell his business for $150,000, when he could easily walk away from there with $0 and get his investment from an outside source.   I still think it's risky to accept the royalties in exchange for full equity, but I'm glad he didn't give up any more than 30%!"}
{"_id": "314738", "title": "", "text": "I'll try.  First forget everything OP said (your point? yay!).  Gold has value because it is stamped with a value on the front (say, 10 denarius).  This coin can then be used to pay taxes to Rome.  The value of the coin is the stamp value, not the value of the underlying gold.  The seignorage is the difference in price between the underlying metal and the marked value.    Because the coin has a very valuable use (paying taxes) that the metal doesn't have, the government gets to keep the difference between value and coin price.  Paper dollars are just like gold coins with a higher seignorage value."}
{"_id": "314742", "title": "", "text": "\"&gt;&gt; You are in an endless loops of \"\"maybe\"\"(s)...  &gt; No, my point was that your \"\"maybe\"\" puts you in an endless loop of \"\"maybe\"\"s. Please try to keep up.  Check the \"\"maybe\"\"(s): they are all yours!   I have no \"\"maybe\"\" on Trump and never had one. **I am SURE(!) he will fix the healthcare system and lower all prices and costs. Remember: I voted for him and I support him.**  &gt;&gt;But the paranoia and \"\"end of the world\"\" folks do not impress me.  &gt; Me neither but that doesn't mean global warming is not going to bring a whole lot of expense and instability.  No expense and no \"\"instability\"\". You just said \"\"me neither\"\", you just said it(!), and, immediately, you try to bring paranoia, baseless fears and scare tactics.  What \"\"instability\"\"? Wars will not happen because it's a bit hotter. Hunger will not happen - there's more rain now, and the world produce more food than it can eat, and can produce much more more food if we just bothered. No diseases because it's a bit hot.   What expenses? Less fuel to hit homes? Less need to water the fields?  What on earth are you talking about? How \"\"instability\"\" will happen because it's tiny bit hotter?  &gt; You have no idea of the scale of the problem with weather and climate.  You are the one who have no idea. I studied the subject very well. Very well! It was far hotter in the world, and far colder in the world, and the world is just fine now, and back then.  &gt;&gt; You can't come with one ACTION by Trump you oppose, and you are still against him.  &gt; Now you're moving the goalposts.   LOL!!!!!! LOL!!!!!!!  I asked you, again, and again, and again, and again, to give me one ACTION by Trump that you oppose. How on earth I \"\"move goalposts\"\"?  (Probably I have more actions by Trump that I oppose than you).  &gt; Okay, fine. Here are about a dozen categories of reasons I do not support President Trump.   &gt; He is a liar. He is unpresidential. He is a narcissist. [etc]  Got it! He's a liar, so you won't believe anything he said, anything he does or anything I say about him. On the other hand, Hillary and the DNC are not liars. So you voted for them.  He's \"\"unpresidential\"\", but Hillary with her handling of e-mail(s), cheating on debate questions, rigging elections against Sanders, etc, is definitely a \"\"presidential\"\" material that you voted for her.   He is a \"\"narcissist\"\", but Hillary is not with her \"\"deplorables\"\" remarks, seeking presidency despite all the scandals and cheating,  her \"\"I should be 50 points ahead\"\", etc, etc. So you voted for Hillary.  **Darling, already since July the whole media, even Fox, are trying to show the Trump lied, unpresidential, etc. And so far? Anything?**  **YOU ARE, how can I say plainly, despite wanting a non-liar, presidential, etc president, you voted for Hillary and the DNC, who are the EPITOMY of liars, cheaters, narcissists, unreliable, criminals, untrustworthy. Do you see how your tribalism make you ridiculous?**  And meanwhile, Trump deliver what he promised, has yet to on a single investigation, while Hilary, Comey, Lynch, Holder, Podesta etc are all under investigations.\""}
{"_id": "314745", "title": "", "text": "He didn't lock in a growth rate of 4%. He locked in a yield of 4%. That's the amount the bond pays in interest on his original investment each year. If he just spends that money the bond will continue to pay 4% each year, but there's no growth. In order to get growth he has to reinvest the interest as it comes in; if he puts it into bonds, the return on that new money, and hence the growth, depends on the prevailing interest rate at the time that the interest is paid. That interest rate can be higher or lower than the original 4%; there's no connection between the two."}
{"_id": "314791", "title": "", "text": "I suggest you take a look at http://elenaives.com/attempts-president-bush-reform-fannie-mae-freddie-mac/  Bush did try to reform Fannie May and Freddie Mac, but was shot down. However, he did not have the political balls to do the right thing and use the bully pulpet to shame congress into acting."}
{"_id": "314794", "title": "", "text": "&gt; The 'uber' rich because they take chances that others aren't willing to.  Elon Musk is backing risky companies like Tesla, SpaceX, and Hyperloop.  But at the end of the day, how much do you think he personally risking? If everything failed do you think he would starve or be homeless?"}
{"_id": "314801", "title": "", "text": "Usually business development roles are entry-level sales roles. You'd typically be making hundreds of cold calls per week to set up meetings with more senior sales staff. It seems to be a big deviation from what your major is and the experience you're getting right now, IMHO. Anyone can land a BD role."}
{"_id": "314806", "title": "", "text": "Here's my view, as a 38yr old NZer who grew up in Auckland: When you purchase a residential property, whether or not you intend to live in it, you're essentially counting on the possibility that one of the following will occur: This report by the NZ Royal Society (going by memory from a presentation I attended) predicts ongoing population growth in NZ, mainly driven by immigration, and mostly in Auckland. Building of new housing isn't keeping up with population growth, so my bet would be that the property values, especially in Auckland, are going to continue to climb.  Other factors that might influence your decision are things only you can know, such as where you might be likely to settle down, how much risk you're willing to take, how much capability you have to look after a rental property, and how much knowledge you have about the property market. Bear in mind that government schemes and world events may change the outlook for number of houses being built and immigration levels, both of which heavily affect property values. My personal view is that the government isn't doing nearly enough to provide affordable housing for our young adults in NZ. Not only that; the govt is essentially responsible for the problem in the first place, as zoning rules for local authorities artificially inflate land prices which prevent the building of affordable houses. Furthermore, foreign investment in rental properties is unregulated and unmeasured. Both these problems could be resolved with appropriate legislation, though central city prices are unlikely to be relieved as much as other areas simply because prices are also inflated due to the desirability to live centrally. The problem is a severe one, and high housing prices for even the smallest dwellings are going to make inequality, and the social problems that go with it, far worse. I'd like to see new cities or towns being planned and built from scratch, such as Pegasus and Canberra."}
{"_id": "314825", "title": "", "text": "No where in my comment I presented my opinion as fact. $76 dollars a day is account only for the Popeyes chicken job, not the 2nd job. There's no way she spent  $348  on her sons living  away with a friend. She's living the Hughes in the getho  where prostitution, drugs, and crime are common place according to the article, so rental marion is paying the Hughes couldn't possibly be that high. A lot of the characters may not cook often , and they more likely to be frequent fast food customers. Fast food may appear cheap on the surface, but the numbers add up quickly to a large sun to frequent a buyer. Again, this is my opinion. Because she has children and living far below the poverty line, Her IRS tax refund should around $6000 or more, because this is what the refunds are for a few people I know very well in Florida. Once again, It may not the reality of the characters' finance."}
{"_id": "314826", "title": "", "text": "\"Mint.com does this quite well. The graph views of your budgets, investments, debts, and other aspects of your financial life can be shown in gestalt, or on a per-account basis (at least, it does for me). See the investment \"\"how it works\"\" page for more information.  \"\"Find out whether you're beating the market\u2013or it's beating you. Compare your portfolio to market benchmarks, and instantly see your asset allocation across all your investment accounts: 401k, mutual funds, brokerage accounts, even IRAs.\"\"\""}
{"_id": "314840", "title": "", "text": "Depends on how you go about it. I'm in my mid 30s with 3 houses that are about $450,000 in the black. By the time I'm 50 they will be paid off (mostly by other people's rent) and I project I'll be sitting on about $1.7mil in assets with $40,000 annually in cash flow. Not a bad position to be in really."}
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{"_id": "314846", "title": "", "text": "Mercer Equipment Inc. is your Barrie, ON outdoor equipment store. Whether you're in the market for a new mower or require a complete engine rebuild, Mercer Equipment is there to provide you with the products, selection, and service you've been searching for. Call today!"}
{"_id": "314850", "title": "", "text": "In the UK I believe the first \u00a350,000 in each bank are secured by the government, so are very safe but one has to check what 'each bank' means as some are members of the same 'group'. See the FSCS"}
{"_id": "314872", "title": "", "text": "If you help find a suitable next tenant and help smooth out the transition, most landlord generally don't have an issue to terminate the lease early, and move the contract to the new tenant. Remember that the biggest concerns for landlords is that they don't want the place to be empty (leaving an apartment empty costs them money due to tax, strata, bills, etc as well as putting in jeopardy whatever future plans they might have made under the assumption of a stable income from the rent). You could also offer to pay for the listing agent and other switching fees (e.g. putting bills under the new tenant's name, etc). If you don't have an early termination clause the rental agreement, or sometimes even when you do, these things are often negotiable. If you can guarantee that your leave won't leave them with an empty apartment with no-one paying rentals, most reasonable landlords wouldn't have issue with terminating early.  Many rental agreements also have terms regarding early terminations. This usually involves paying a fee which amounts to a month or two of rent. This may vary."}
{"_id": "314898", "title": "", "text": "If you're researching a publicly traded company in the USA, you can search the company filings with the SEC. Clicking 'Filings' should take you here."}
{"_id": "314919", "title": "", "text": "\"Morningstar's definition of cash includes \"\"cash equivalents (fixed-income securities with a maturity of one year or less)\"\". So I'm guessing 81% of its holdings are short-term enough to fall into this category.\""}
{"_id": "314967", "title": "", "text": "I didn\u2019t comment on whether it\u2019s good or bad, just that they didn\u2019t buy all those stores with the sole intention of shutting them down. They\u2019re still using 1,400 stores to grow their network. And yes, it is true that they are reducing competition but again, I never commented one way or another on that."}
{"_id": "314972", "title": "", "text": "There are multiple reasons why this may have happened: 1.) I couldn't tell in your question whether or not you had already paid off the loan before requesting the rollover. But if the loan was defaulted - then the $9k left in your account is not distributable, but is there to pay back the remaining balance on your loan. The $9k will be treated as income, and will be taxed - you will receive  a 1099-R detailing the taxes you'll owe. I don't know why this wasn't done when they did your rollover distribution. Typically it all happens at the same time - but it can vary depending on the administrator. 2.) Do you get some type of safe harbor discretionary match, or profit sharing contribution? If so - perhaps this contribution was made after your account was liquidated. So now there is residual money in your account and it is treated as a new distribution, which incurs a new $60 distribution fee. 3.) Stock - if some of your investments were in stock - these take a few extra days to liquidate. Typically a TPA/Recordkeeper would wait until ALL of the funds are liquidated before issuing the rollover. But some companies may be shady and do it separately - incurring an additional $60 distribution fee. If this was the case - I would go to your former employer's HR and tell them whats happening and to start looking for a new 401(k) administrator! I hope this helps :-) Good luck!"}
{"_id": "314973", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/10/18/richard-branson-says-he-met-trump-only-once-in-1990s-and-it-was-ugly.html) reduced by 71%. (I'm a bot) ***** &gt; Billionaire Richard Branson told CNBC on Wednesday he met Donald Trump only once - in the 1990s, when the then-real estate tycoon was dealing with the bankruptcy of one of his companies.  &gt; Branson, founder of the Virgin Group and a supporter of Hillary Clinton&amp;#039;s failed presidential campaign, alleged that Trump spent the meeting talking about how to destroy people who refused to lend him money when one of his companies went bankrupt.  &gt; Branson did not provide the exact date of the meeting or identify the Trump company that he said went bankrupt.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/777lob/branson_i_met_trump_in_the_1990s_and_all_he/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~230656 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Trump**^#1 **Branson**^#2 **company**^#3 **bankruptcy**^#4 **people**^#5\""}
{"_id": "314977", "title": "", "text": "They're still behind on Model 3 numbers. China would be about taking all the money they've hemoraged to get where they are here and duplicate it over there, so while it's possibly a wildly lucrative market, it won't be for quite some time and after a lot more spending. They just trimmed the fat on their workforce, which is probably a good move, but so many at once says that they needed to cut spending.   Once the 3 is cranking out faster and AP2.5 is getting updates, the stock will probably make a good run, but for now it's going to flounder about close to where it is."}
{"_id": "314984", "title": "", "text": "There should be no problem getting a mortgage from a bank with 3 years in business. They are going to use the average of the last 2 years of taxable profits to determine your income though. I think the key words here are taxable profits and this is where the problem typically comes in for most self employed folks. Many times self employed people will have soft losses and deductions that make their income seem lower than it really is (or unreported income).  It has nothing to do with your business plan, or your relationship with the bank unless it is a small community bank or credit union."}
{"_id": "314988", "title": "", "text": "\"Be very careful with this.  When we tried this with furniture, they charged an \"\"administrative\"\" fee to setup the account.  I believe it was about $75.  So if you defer interest for one year on a $1000 purchase and pay a $75 administrative fee, it's 7.5% interest. Also, they don't always send you a bill when it's due, they just let you go over the date when you could have paid it without paying interest, and then you owe interest from the date of purchase.  These plans are slimy.  Be careful.\""}
{"_id": "315012", "title": "", "text": "Stop loss orders are the exact opposite of what you should be doing if you are implementing a long term buy-and-hold strategy. The motivation of a buy-and-hold strategy is that in the long term, the market rises even despite the occasional crash or recession. Setting a stop loss simply increases the probability that you will sell for a low price in a temporary market downturn. Unless you are likely to need near-term liquidity (in which case you're not a long term investor), that makes no sense."}
{"_id": "315017", "title": "", "text": "It depends on the bank - In some cases(mine included :) ) the bank allowed for this but Emma had to sign on a document waiving the rights for the house in case the bank needs to liquidate assets in to recover their mortgage in case of delays or non-payment of dues in time. This had to be signed after taking independent legal advice from a legal adviser."}
{"_id": "315025", "title": "", "text": "I think you need to have the experience of over-consumption to realize that buying more stuff won't make you happy. And then when you see TV commercials and ads everywhere, you no longer will want the stuff.  When you do that, then you slow down and start to value spending time with the people important to you, doing stuff and going places with them. It's the experiences that count, and some of the most fun and memorable stuff you can do is free or cheap."}
{"_id": "315044", "title": "", "text": "There is trading, and while it can be automated, someone has to define the rules for the automated system.  Why not call that person the manager?"}
{"_id": "315055", "title": "", "text": "I like the idea, but a lot of sites like this will be coming online soon so definitely find a designer if you want a lot of people to come to your site and come back. Just my two cents.   Good luck, hope you do well!"}
{"_id": "315060", "title": "", "text": "\"Options have legitimate uses as a way of hedging a bet, but in the hands of anyone but an expert they're gambling, not investing. They are EXTREMELY volatile compared to normal stocks, and are one of the best ways to lose your shirt in the stock market yet invented. How options actually work is that you're negotiating a promise that, at some future date or range of dates, they will let you purchase some specific number of shares (call), or they will let you sell them that number of shares (put), at a price specified in the option contract. The price you pay (or are paid) to obtain that contract depends on what the option's seller thinks the stock is likely to be worth when it reaches that date. (Note that if you don't already own the shares needed to back up a put option, you're promising to pay whatever it takes to buy those shares so you can sell them at the agreed upon price.) Note that by definition you're betting directly against experts, as opposed to a normal investment where you're usually trying to ride along with the experts. You are claiming that you can predict the future value of the stock better than they can, and that you will make a profit (on the difference between the value locked in by the option and the actual value at that time) which exceeds the cost of purchasing the option in the first place.  Let me say that again: the option's price will have been set based on an expert's opinion of what the stock is likely to do in that time. If they think that it's really likely to be up $10 per share when the option comes due (really unlikely for a $20 stock!!!), they will try to charge you almost $10 per share to purchase the option at the current price. \"\"Almost\"\" because you're giving them a guaranteed profit now and assuming all the risk. If they're less sure it will go up that much, you'll pay less for the option -- but again, you're giving them hard money now and betting that you can predict the probabilities better than they can. Unless you have information that the experts don't have -- in which case you're probably committing insider trading -- this is a very hard bet to win. And it can be extremely misleading, since the price during the option period may cross back and forth over the \"\"enough that you'll make a profit\"\" line many times. Until you actually commit to exercising the option or not, that's all imaginary money which may vanish the next minute. Unless you are willing and able to invest pro-level resources in this, you'd probably get better odds in Atlantic City, and definitely get better odds in Las Vegas. If you don't see the sucker at the poker table, he's sitting in your seat. And betting against the guy who designed and is running the game is usually Not a Good Idea.\""}
{"_id": "315078", "title": "", "text": "Amazon is beating Google at releasing voice assistant products. Owning both a Google Home, an Amazon Echo and two Echo dots, I can say that the Google Home is way closer to being a virtual assistant than anything made by Amazon. My echo is good at controlling my smart home but that's about it. The Google Home has the intelligence and information of Google behind it and you can ask it random questions and give it random tasks and it knows what to do. The echo fails 4/5 times with things like that. All it's going to take is Google adding more functionality to the Home and it will easily leapfrog the Echo.  Edit: spelling"}
{"_id": "315079", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Apple Production Woes](https://np.reddit.com/r/talkbusiness/comments/78qlo4/apple_production_woes/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "315080", "title": "", "text": "\"I would have characterized myself as \"\"quant-oriented,\"\" having graduated from college with a CS degree.  \"\"Unfortunately\"\" for me, I was placed in OTC equity market making.  I'd say that my desk was full of knuckle-draggers who definitely could make life hard for younger guys.    By the time I was trading commodities, it was almost purely an upstairs game - so no need to worry about fighting through the mines (pits).\""}
{"_id": "315083", "title": "", "text": "Yea that's all fine and dandy if you have the resources to afford not having a reliable income while you take the risk of being entrepreneurial.    One of my good friends just sold his company to yelp for $9mil.  Good for him, I wish him the best.  But it's easy to justify taking the risk of starting your own company if your parents are worth $200mil and bought you a $3mil house.  In that situation, you aren't actually taking a risk."}
{"_id": "315086", "title": "", "text": "Is the business an S-Corp, LLC or Sole Prop? I am going to guess based on the question that it is an LLC that you never closed with the state and you live in a state (NY) that charges a fee for having an LLC in the state in which case you owe those fees to the state. I am not aware of any taxes on the mere existence of a business by the IRS. I think you are going to find out that the are no taxes owed to the IRS for this nonexistent activity."}
{"_id": "315105", "title": "", "text": "Not exactly. There are a few ways to manage your taxes with investments. 1) For most investments you get taxed on any gain in value in the investment or dividends paid by that investment. Most investments (with some exceptions for mutual funds) you don't take the tax hit until you sell the investment and realize the gain. For bonds, cds, and other cash type investments you have to pay taxes in the year they pay out the interest or dividend. 2) You can put money (up to a certain limit) in a traditional IRA and can subtract that amount from your income for tax calculation for the year you invest it. However, you are going to pay taxes on it when you take the money out at retirement. It really just delays the taxes. 3) If you put the money in a Roth IRA, you don't get a tax break now, but you don't have to pay any taxes on the money or the gains when you take it out at retirement. 4) The gains from some mutual funds can be tax exempt, but that just saves you from paying tax on the increase in value.  5) Don't fall for scams that try to use insurance policies as investments to avoid taxes. The fees are ginormous, which usually makes them a ripoff."}
{"_id": "315106", "title": "", "text": "If you haven't already, check out his earlier articles when he was at DealBreaker.com - GREAT stuff, my [favourite one](http://dealbreaker.com/2011/09/lets-just-go-ahead-and-assume-that-greek-letters-evil/) is when UBS had a delta one trader Kweku losing $2.1b from unauthorized/unreported trades in the midst of Dodd Frank/Volcker Rule was being discussed.   &gt; A thing that you probably do is go borrow one million shares of UBS and sell them short. This is a sensible thing to do. Why is it sensible? Well, for one thing, your desk is called \u201cdelta one,\u201d and you\u2019ve written a derivative, and you want to delta hedge that derivative, and so you pull out a Black-Scholes calculator and plug in a lot of variables and get stuck but then you look at your business card and you\u2019re like, oh, shit, the answer is \u201cone,\u201d"}
{"_id": "315114", "title": "", "text": "I've heard higher end jobs suck too.  It's the polar opposite of what a lot of silicon valley strives for: you get no stake in anything, you are only as good as your last project, and you have hella rough deadlines.  A lot of young devs go in with a romanticized view of Bezos and what he's done."}
{"_id": "315118", "title": "", "text": "The air.money website is actually a service of city forex which is registered with FCA/HMR/ICO: FCA AUTHORISED PAYMENTS INSTITUTION# 524412 HMRC MSB Registration #12191402 ICO Registration #Z8811634 Therefore, you should be okay transacting with air.money"}
{"_id": "315126", "title": "", "text": "\"Here is my simplified take: In any given market portfolio the market index will return the average return on investment for the given market. An actively managed product may outperform the market (great!), achieve average market performance (ok - but then it is more expensive than the index product) or be worse than the market (bad).  Now if we divide all market returns into two buckets: returns from active investment and returns from passive investments then these two buckets must be the same as index return are by definition the average returns. Which means that all active investments must return the average market return.  This means for individual active investments there are worse than market returns and better then market returns - depending on your product. And since we can't anticipate the future and nobody would willingly take the \"\"worse than market\"\" investment product, the index fund comes always up on top - IF - you would like to avoid the \"\"gamble\"\" of underperforming the market. With all these basics out of the way: if you can replicate the index by simply buying your own stocks at low/no costs I don't see any reason for going with the index product beyond the convenience.\""}
{"_id": "315157", "title": "", "text": "The rules are quite different.  There is no special home purchase penalty-free withdrawal.  In the case that your account has been open for five years, you can withdraw the principal (but not the earnings) without penalty.  You may want to talk to a professional for further details. The real question is: why do you want to borrow against your future to finance your present?  Your down payment funds should come from another source than your retirement.  Retirement funds should only be touched in the direst financial straights."}
{"_id": "315158", "title": "", "text": "I maintain a strong bias against taking on any debt, of any sort, and I feel it serves me well.  This is not to say I would never take on a debt, like a car loan, mortgage, or educational loan.  It's just that there is a built in bias against it.   The reason that bias is good is that, in my view, taking on (unforced) debt presents the following problems: Therefore, the standing no-debt bias. That said, if there is a very compelling reason to take on unforced debt, it could override the bias.  The best example I know is that my mother bought a house with a mortgage when she had the cash, because CDs at that time were paying far more than the mortgage interest rate (this was back around the 80s when CDs hit an absurd 18%!).  To not take on that debt would be refusing free money!  But that's a rare case.  Today, CDs and other guaranteed interest streams are at historical lows, so this factor is really not in play."}
{"_id": "315168", "title": "", "text": "Your house is not an asset, it is a liability. Assets feed you. Liabilites eat you. Robert Kiyosaki From a cash flow perspective your primary residence (ie your house) is an investment but it is not an asset. If you add up all the income your primary residence generates and subtract all the expenses it incurs, you will see why investment gurus claim this. Perform the same calculations for a rental property and you're more likely to find it has a positive cash flow. If it has a negative cash flow, it's not an asset either; it's a liability. A rental property with a negative cash flow is still an investment, but cash flow gurus will tell you it's a bad investment. While it is possible that your house may increase in value and you may be able to sell it for more than you paid, will you be able to sell it for more than all of the expenses incurred while living there? If so, you have an asset.  Some people will purchase a home in need of repair, live in it and upgrade it, sell it for profit exceeding all expenses, and repeat. These people are flipping houses and generating capital gains based on their own hard work. In this instance a person's primary residence can be an asset. How much of an asset is calculated when the renovated house is sold."}
{"_id": "315169", "title": "", "text": "Maybe Amazon doesn't get direct subsidies but that wasn't the argument. The point is political power in America is controlled by economic power. So companies like Amazon wield large political power.  Perhaps the ultimate goal would be to push back on government tyranny but make no mistake, in our current society, it's the private wealth economic tyranny that need to be pushed back. And at times enlarging government is the only option to protect the marginalized from further misery."}
{"_id": "315176", "title": "", "text": "&gt; yeah... thats a little hard to believe   Why? What's harder to believe is that Equifax *would* tell all their officers. The way to keep a secret is to tell no one, and Equifax desperately needed to keep it a secret while they investigated, applied bandaids, and thought up a moving-forward strategy. (I don't like how long they waited, but announcing it immediately would be even worse from a security standpoint.)  &gt; I dont think a single person buys that these guys all just decided to sell stock at the same time right before a story hits that will tank the value of the company  That's a very disengenuous account. They sold at different times, not immediately before the story hit, and officers of major companies sell shares all the time. It's the equivalent of me thinking it's suspicious that you put 10% of your credit line on your credit card *just one month* before someone stole your identity. People do use credit cards. One month before isn't that close. It might be fraud, but it's just not that clear. It's not even likely, given how small the amounts were."}
{"_id": "315186", "title": "", "text": "Write to the Bank and request to the bank to close the account and ask them to transfer the funds to an account in Russia. Edit.  The process varies from bank to bank and you have to establish your identity."}
{"_id": "315190", "title": "", "text": "Please consult at CA for specific's to your case. In general any income earned abroad can be brought to India tax free within 7 years. For more details refer to http://www.nritaxservices.com/ret_indn.htm"}
{"_id": "315203", "title": "", "text": "I can't relate in the slightest to your desire to be manipulated more effectively.   And again, your shitty connection is a political problem, not a technological hurdle. You can and should have better pipe. Push for that, instead of asking spambots to spy on your habits more aggressively."}
{"_id": "315204", "title": "", "text": "One thing to consider: the Apple service plan covers replacement of the battery in addition to the normal things you expect.  Since the battey is not consumer replaceable, and, according to what I hear, is almost certain to wear out within the two year life of the phone, and is more expensive to have Apple replace than the extended coverage, it's probably worth it.  (Disclaimer: this was told to me by my son who used an iPhone for two years before I got mine.  I haven't independently verifies his facts. This also applied to the 3G and 3GS. I'm just assuming it's also true for the 4.)"}
{"_id": "315205", "title": "", "text": "\"Depends on your account. If you have a margin account, then you can \"\"withdraw\"\" the margin, and it will get paid off/settled on T+3. However if it's a cash account then you will most likely need to wait. Call your broker and ask, each broker has different rules.\""}
{"_id": "315209", "title": "", "text": "&gt;Are you saying they did commit fraud but it's hard too pin on any one person? You say there is little evidence there was fraud but that it's too hard to prove there was fraud. So what did they do if it wasn't fraud?  I am saying both. I am saying that as a general matter criminal fraud is difficult to prove and expensive to litigate. Fraud requires intent. You have to know or reasonably know that what you are doing is fraudulent and you do it anyway. Proving that mens rea is extremely difficult in this situation. Risky does not mean fraudulent. The entire market was bundling mortgage backed securities. Fannie Mae and Freddie Mac (government backed entities) were the largest buyers of MBS.  The point is that if the banks honestly believed that they MBS were secure and the regulators at the time did not see a problem with them - then how can you prove criminal fraud? We are only displaying hindsight bias because the subprime market did indeed implode and it did affect the wider mortgage market and the economy. But it wasn't known that would happen at the time. No financial models projected that everything would fail.  You can blame lack of foresight or whatever, but risky losses is not criminal. Corporations are allowed the business judgment rule which is arguably the strongest presumption in all of law. There were bad models, but they weren't fraudulent.   Now there could have been fraud in certain circumstances - but in no way was it systematic. It was bad modeling and bad economics.  Again, [Bernanke has multiple quotes](http://www.businessinsider.com/bernanke-quotes-2010-12?op=1) saying there was no problem. How can the bank's actions be fraudulent when the top regulator is saying nothing is wrong and the market is working as intended?"}
{"_id": "315212", "title": "", "text": "In addition to the other answers, here's a proper strategy that implements your idea: If the options are priced properly they should account for future dividend payments, so all other things aside, a put option that is currently at the money should be in the money after the dividend, and hence more expensive than a put option that is out of the money today but at the money after the dividend has been paid. The unprotected futures (if priced correctly) should account for dividend payments based on the dividend history and, since maturing after the payment, should earn you (you sell them) less money because you deliver the physical after the dividend has been paid. The protected ones should reflect the expected total return value of the stock at the time of maturity (i.e. the dividend is mentally calculated into the price), and any dividend payments that happen on the way will be debited from your cash (and credited to the counterparty). Now that's the strategy that leaves you with nearly no risk (the only risk you bear is that the dividend isn't as high as you expected).  But for that comfort you have to pay premiums.  So to see if you're smarter than the market, subtract all the costs for the hedging instruments from your envisaged dividend yield and see if your still better than the lending rate.  If so, do the trade."}
{"_id": "315235", "title": "", "text": "Unless and until you are ready to do the ground work and get your hands dirty in the market, it is better to let the money where it is. But how to distribute money in which asset classes, industry etc is your choice to make. But remember that a big investment company doesn't guarantee that you will always earn a return higher than the market or it is safe with them. They are also bound to make mistakes and go bust, but it would be quite rare for companies, with billions of assets because they have strict checks in place and invest with extreme caution and proper research. One option is to try dabbling in the markets yourself, slowly, not everything at once. You will learn a lot and there are loads of information on the net and books in stores which could get you started. You will need to do a lot of groundwork to beat the market. That is difficult but not impossible. People have done it time and time again and they have put in hard work to do so. And I don't see with a little bit of work and time, why you shouldn't be able to do that, unless and until you are lazy and don't intend to do it."}
{"_id": "315244", "title": "", "text": "Let me get this straight, if I'm smart and save money to last times between jobs using my own money, I shouldn't take the unemployment given to me?  If I'm reckless and save nothing on my own, I should be bailed out though.  No-, That's ridiculous.  Of course I'll take the unemployment, it's given whether I have 0 dollars or 1,000,000 dollars."}
{"_id": "315255", "title": "", "text": "\"You are not interpreting the table correctly. The $20K \"\"base rate\"\" that you think should have been eliminated is in fact the total tax for the whole bracket. You only dipped partially into the bracket, and the $3K reduction accounts for that. Look at the table again: What it means is that if you earn $100K, you will pay $6897.50 + 25% of (100000-50400) = $12400. If you earn $140000, you'll pay $26835 + (140000-130150) * 0.28 = $2758. So why the difference between $26835 and $6897.50? That's exactly 25% of $79500, which is the difference between $130150 and $50400 - the whole value of the bracket.\""}
{"_id": "315260", "title": "", "text": "In this colorful world, every girl is allowed to dream of their birthday party and being parent fulfilling their wishes is a wonderful affair. If you are ready to turn your daughter\u2019s whimsical dreams into beautiful reality? Get ready with the idea of \u2018Spa Party Bus\u2019, which is not only a brilliant but a beautiful birthday idea!"}
{"_id": "315270", "title": "", "text": "Honestly it was because I wanted to start a meaningful discussion about it. I posted the article because it seems like to me from the article that it ONLY favors the big tech companies. The rules and regulations seem to stifle small businesses with reporting and restrictions. Considering this is a business subrreddit, I thought it was a meaningful discussion to start."}
{"_id": "315275", "title": "", "text": "\"A lot of your options depends on the type of debt you have.  If you're single, young, and have lots of credit card debt then don't discount bankruptcy.  It's definitely not an \"\"appealing\"\" thought I'm sure, but it's an option.  One thing I did was completely cut myself off from most forms of credit (credit cards and personal credit loans).  I know my weaknesses.  I will never, ever, ever, get another credit card.  I'm probably older than you are and have lived with debt for a long time.  I'm pretty much debt free; at least from debts that are not covered 100% by assets.  It took a long time.  Keep your spirits up.  Maybe try contacting a credit councilor; one of the real ones that aren't paid for by credit card companies.  I've known people that took that route.\""}
{"_id": "315281", "title": "", "text": "\"&gt; I think folks aren't reading this right. It's not \"\"you voted for Trump, which I disagree with.\"\"  It's absolutely \"\"you voted for Trump, which I disagree with.\"\"    In fact, it's the more extreme version of \"\"you voted for Trump, which I _so_ disagree with, I am going to call into question any decision you will make ever.\"\"    That's a clear fallacy.    You have to judge Tiel on the standards which are relevant to what you are looking for him to do.   Tiel is a recognized expert of starting and running businesses.  He's _not_ a recognized expert of politics.  Being good at running businesses doesn't create the ability to understand politics on a higher level, nor does poor political judgement make him also poor at running businesses.\""}
{"_id": "315286", "title": "", "text": "Advantages of Gold IRA (regardless of where you're holding it): Disadvantages of Gold IRA: Instead, you can invest in trust funds like SLV (The ETF for silver) or GLD in your regular brokerage IRA. These funds negotiate their prices of storage, are relatively liquid, and shield you from the dangers of owning physical metal while providing opportunity to invest in it at market prices."}
{"_id": "315304", "title": "", "text": "\"You're supposed to be filling form 433-A. Vehicles are on line 18. You will fill there the current fair value of the car and the current balance on the loans. The last column is \"\"equity\"\", which in your case will indeed be a negative number. The \"\"value\"\" is what the car is worth. The \"\"equity\"\" is what the car is worth to you. IRS uses the \"\"equity\"\" value to calculate your solvency. Any time you fill a form to the IRS - read the instructions carefully, for each line and line. If in doubt - talk to a professional licensed in your state. I'm not a professional, and this is not a tax advice.\""}
{"_id": "315307", "title": "", "text": "Home of Shanghai is Chinese real estate agency based in Shanghai.  http://www.homeofshanghai.com help exparts to rent apartment in Shanghai and find their dream home in China.  http://www.homeofshanghai.com  offers Shanghai Properties for rent by Type:  New apartments for rent in Shanghai Old apartments for rent in Shanghai Lane houses for rent in Shanghai Villas for rent in Shanghai Offices for rent in Shanghai Serviced apartments for rent in Shanghai"}
{"_id": "315313", "title": "", "text": "I'm not saying that Amazon wouldn't end up in Denver. But there's nothing special about Denver. Take a look at Boise Idaho, Salt Lake City Utah, or for non-mountains something like Kansas City Missouri.      All cities with decent economies, decent Universities, middle of the country, sizable populations, similar living styles / activities (except for Kansas City with no mountains). Yet Denver is easily 2x the cost of living or more over each of those other 3.      There's nothing so special about Denver to make it 2x the price. It's simply over hyped."}
{"_id": "315334", "title": "", "text": "If you're willing to shell out some cash, vendors will be quite happy to sell you everything you need. Picking one out of thin air, and no idea if this is a good price or not, the CBOE will sell you EOD data for every option for $40 for one day, and at a discount for multiple days.  Beyond the high/low/close for each contract, you get the volume. Or a month of TAQ data will run your $1550, for what that's worth, which probably isn't a lot for a retail strategy."}
{"_id": "315345", "title": "", "text": "The price of a share of a mutual fund is its Net Asset Value (nav). Before the payout of dividends and capital gain distribution, the fund was holding both stock shares and cash that resulted from dividends and capital gains. After the payout, a share only holds the stock. Therefore once the cash is paid out the NAV must drop by the same amount as was paid out per share. Thus of course assumes no other activity or valuation changes of the underlying assets. Regular market activity will obscure what the payout does to the NAV."}
{"_id": "315360", "title": "", "text": "\"Clearly someone gaming the system. One of those reviews is \"\"first review ever, no friends,\"\" which is EXACTLY what a filter should catch. I'm actually happy that the filter caught about half of these reviews. It's the other half that make my brow furrow.\""}
{"_id": "315362", "title": "", "text": "AC  Repair in Hyderabad.You can enjoy more benefits on spare parts and accessories. We are having experienced technicians across different branches. We will be available in any season to give you better service. Our super expert technicians will find out the root cause of the problem and diagnose it. We provide service for not only Carrier AC but also other companies ACs also. You can contact to the below numbers to get your AC repaired.ph no: 040-60506610, 60506611, 60506622."}
{"_id": "315363", "title": "", "text": "How do credit unions work in the US?   Why not just get rid of deposit insurance for commercial banks and keep it for credit unions. Restrict credit unions ability to filter money to the new 'investment bank' sector by keeping them out of repo and money markets (not sure if this is done currently) and bang - Corporates/institutions can still lend short and banks can still lend long in the professional world, while unsophisticated retail customer's checking accounts at least are protected from the inevitable crash."}
{"_id": "315375", "title": "", "text": "No. You're entitled to 1% of votes at the shareholders' meeting (unless there's class division between shareholders, that is). If more than 50% of the shareholders vote to close the company, sell off its assets and distribute the proceeds to the owners - you'll get 1% share of the distributions."}
{"_id": "315385", "title": "", "text": "-Most investors would be insulated against losses through diversified portfolios. -Uber's staff would lose their stock options, and along with drivers, would face unemployment. -Other services would grow to meet consumer demands.  I don't mean to be rude, but these answers are so obvious, this article is one step above clickbait."}
{"_id": "315508", "title": "", "text": "WhyHellYeah, What do you do for a living? I am an accountant in the energy industry. I will never be a union member and at $50,000 a year I already make more money than 75% of people and 50% of all households in the USA... I am in the position where Unions are a threat to my lifestyle and income...   But I do know that collective bargaining is the only thing that prevents capitol from exploiting labor. I'm really curious why you feel differently?   &gt;but EEOC is expanding  Whats wrong with an agency that is tasked to enforce laws against workplace discrimination expanding? Do you think that workplaces should discriminate against employees?"}
{"_id": "315516", "title": "", "text": "Been digging through all the EU VAT directives and have called HMRC as well.. There does not seem to be any lower threshhold for charging VAT into the EU. If you sell \u00a310 of goods/services you have to charge VAT and file a VAT return. Your options are: 1) Register for MOSS and file a single VAT return in your home country for all countries. In the UK this means that you also have to be VAT registered and have to charge VAT locally as well - even if you are below the UK threshold. 2) Register and file a VAT return in every EU country you sell into.  You also have to apply the correct VAT rate for each country (typically 15% to 27%), and you have to keep at least two pieces of evidence for the customer location. eg. billing address, IP address, etc."}
{"_id": "315537", "title": "", "text": "\"Im curious what kind of a response youll get here. Wondering how economists feel these days. My most memorable quote from college \"\"A bank will loan you an umbrella on a sunny day, and will take it back when it rains.\"\" I didnt expect that quote to be so literally accurate.\""}
{"_id": "315542", "title": "", "text": "My Wife:   * Shitty genetics, lots of health problems   * By her own admission at *least* 10 IQ points down from fetal alcohol/drug exposure/being fed alcohol/drugs by her abusive mother beginning at age 3 (or earlier). Compensates by compulsively writing down everything in lists so she can remember things.   * Grew up in rural Indiana, dirt poor, abused physically, emotionally and sexually   * Realized at age 12 that she'd be pregnant by 15 if she didn't find a way out   * On her own initiative found a relative out of state to live with. Not a happy living situation but it allowed her to at least graduate high school.   * Got into college, not a great college but at least college.   * Got a degree.   * Took a job teaching in an poverty stricken area so she could give back to kids growing up the way she did.  Yup. All luck. She never could have done it without all that luck. Oh wait a second, no, she took responsibility for her own life and made something of herself instead of kicking back and waiting for a handout like all her friends and family who, oddly, haven't had much *luck* since and still live in poverty in rural Indiana.    Did I mention she makes more money, works less hours and has better benefits than I do?"}
{"_id": "315549", "title": "", "text": "Financial advisors are a client facing role and their utilization of math is relatively limited as far as I am aware. Most of the bigger PWM/AWM groups do the analytical work at a head office and the FA's in the field are basically account men. Their entire livelihood is based around relationship management with their clients."}
{"_id": "315552", "title": "", "text": "Sounds you need to read up on S corp structures. I think this would benefit you if you generate income even after you physically stopped working which is incomes from membership fees, royalties % of customer revenue, middle man etc...  Under the Scorp, you as the sole member must earn a wage that fair and at current market value. You pay social security and Medicare on this wage. The interesting thing here is that an Scorp can pay out earning dividends  without having to pay payroll taxes but the catch is that you, as the sole employee must earn a fair wage.   As for paying the other member you may want to look into 1099 contract work plus a finders fee. The 1099 hourly wage does not require you to pay Medicare and SS.   The common fee I'm used to is 5% of gross invoice. Then you would pay her an hourly wage. The company then bills these hours multiplied by 2 or 3 (or whatever you think is fair) to the client. Deduct expenses from this and that's your profit.   Example. Contractor brings Client A which is estimated as a  100 hour project with $100 cost in supplies and requires 2 hours of your time @ $40/hr.   You quote 100 hours @ $50 to client, client agrees and gives you down payment.   You then present the contract work to your contractor, they complete the work in 100 hours and bill you at $25.   You pay your contractor 2500 plus the 5% ($250)  and your company earns $2070 (5000 - 2500 - 100-80)  And you'll earn $80 minus the payroll tax.   Then at the end of the quarter or year or however you want to do earning payouts your LLC- Scorp will write you a check for $2070 or whatever earning % you want to take. This is then taxed at your income tax bracket.   One thing to keep in mind is what is preventing this other person from becoming your competition? A partnership would be great motivation to try and bring in as much work under the LLC. But if you start shafting people then they'll just keep the work and cut you out."}
{"_id": "315555", "title": "", "text": "As Nathan has correctly noted, ACH processes transactions in daily batches. The reason for that is accounting - the money doesn't actually change hands for each transaction. All the transactions are aggregated and calculated in the batch process, and the money only changes hands for the difference. Consider this: If each transaction was to be handled separately, each time banks would have to adjust their books to account for the money movement. But if we do it in batch we have this: The resulting inter-bank transfers: Total for the original 30 transactions - 2 transactions between the banks: A->B and C->A. If you need money to be transferred immediately (relatively) - you can use wire transfer. Some banks will still aggregate and batch-process those, but more than once a day. They'll charge you additional fee for their inconvenience."}
{"_id": "315566", "title": "", "text": "I remember in the 90's when Best Buy sold CDs for lower prices than any other vendor. That was the only reason I ever shopped with them. Should've kept that theme up of 'lower prices on everything NSA', and maybe not treated their customers badly."}
{"_id": "315568", "title": "", "text": "A cautionary tale:  About 25 years ago I decided that I should try my hand at investing in some technology companies.   I was in the computer biz but decided that I might suffer from myopia there, so I researched some medical startups.  And I did some reasonably good research, given the available resources (the Internet was quite primitive).  I narrowed things down to 4-5 companies, studying their technology plans, then researched their business plans and their personnel. In the end I picked a drug company.  Not only did it have a promising business plan, but it had as it's CEO a hotshot from some other company, and the BOD was populated buy big names from tech companies and the like.  AND the company had like $2 of cash for every $1 of outstanding share value, following their recent IPO. So I sold a bit of stock I had in my employer and bought like $3000 worth of this company. Then, taking the advice I'd seen several places, I forgot about it for about 6 months. When I went back to look their stock value had dropped a little, and the cash reserves were down about 20%.  I wasn't too worried.  6 months later the cash was down 50%.  Worrying a little.  After I'd had the stock for about 2 years the stock price was about 10% of what I'd paid.  Hardly worth selling, so I hung on for awhile longer. The company was eventually sold to some other company and I got maybe $50 in stock in the new company."}
{"_id": "315571", "title": "", "text": "\"One option might be to set up a separate bank account and a separate credit card account, which you would use only for your ebay transactions.  I have a friend who does a lot of selling on ebay, and this is exactly what she did.   It's reasonable to want to protect your personal finances from any complications that might arise with PayPal and/or ebay.  But since you definitely have to provide a bank account and c.c. number (there's no way around this), the best solution might be to set up separate \"\"ebay-only\"\" accounts.  And be sure not to link them to any of your personal accounts, for added protection. If you're planning to do a lot of selling, this is probably a good idea anyway just for record-keeping purposes. If you do a lot of selling on ebay, you might consider setting up a \"\"merchant account\"\". There are some limitations on international transactions (currently you can't sell to residents of UK, Australia, or France), and payment processing is a few days slower. But there seem to be fewer fees/risks/etc associated with a  merchant account. I don't know much more about it, but here's an article from an ebay seller, including pros and cons of PayPal vs. merchant accounts. http://www.ebay.com/gds/Selling-on-eBay-without-PayPal/10000000021351301/g.html\""}
{"_id": "315573", "title": "", "text": "\"The diversification offered by the advisor can easily be duplicated at Vanguard with something like the Ivy Portfolio. Simplify it or complicate it to your liking, with Vanguard index REITs, index stock funds, international, bond, etc. Set up automatic contributions and don't watch your money like a hawk. Set it and forget it, or maybe rebalance your holdings once a year. The main thing advisors are good for (at your level of assets) is persuading investors to stay in the market during a crash. Most investors will sell after a crash, and completely miss out on the rebound. It's human nature to be a terrible market timer. But if you can really promise yourself never to sell in a panic, then you don't need an advisor at your asset level. Fees like \"\"1.25%\"\" sound like a okay deal but should be viewed in context. With an average annual return of, say, 7%, a 1.25% fee represents nearly 18% of your gain for the year. And 1.25% may be the least of your fees - what about fees when you get out of the funds? (Neat trick, huh, calling a fee \"\"1.25%\"\" instead of \"\"~18%\"\"..). Is active management worth 18% of your yearly gain? Your advisor's fee and the active funds' fees compound year after year, because they take the fees out of your account every year (or month).\""}
{"_id": "315582", "title": "", "text": "\"Oh wow, well that's encouraging... I've had a professor of mine, one of the most successful in our school (PHD in economics, CFA, partner at an investment firm, among other things) describe the CFA as, \"\"6 agonizing hours of just not having enough time!\"\"   We will see. Thanks for the replies.\""}
{"_id": "315592", "title": "", "text": "Unfortunately, grads with physics, engineering, and comp-sci degrees are _still_ suffering. It's not a guarantee for a job.  What _does_ help is first-hand experience in your field of choice -- which is why more grads and undergrads need to obtain internships and some sort of career-related work experience."}
{"_id": "315598", "title": "", "text": "That's the real tale of this story. It's not like it's hard for the owner to find an employee for subway. The employee worked in this arrangement for 2 years happily because it makes a whole lot more sense than working 2 jobs 25 to 30 hours a week. Some shit hit the fan that inevitably always will in low pay low skill jobs and the employee is gonna stick it to his boss. He has the right to do so and he'll win easily the owner was a dumb ass for doing the deal."}
{"_id": "315620", "title": "", "text": "Nowsoft understands that eLearning is much more than designing a website, creating the course and delivering a Learning Management System. They first understand the need and scope of each business, identify their problem and then create a blueprint on the initial scope of the project. Then the options are evaluated and sorted out to reach the final stage of implementation. For more detail visit: http://masalamasti.informe.com/profile2648.html"}
{"_id": "315622", "title": "", "text": "I won't because a person like you should only be physically removed or caste into a permanent class of plebs or deported to France or other populations who value subjugation of others over freedom from subjugation.  Plebs like you are the cause of all totalitarianism in the world and ideally, you'd all be in North Korea detention center."}
{"_id": "315627", "title": "", "text": "Note that many funds just track indexes. In that case, you essentially don't have to worry about the fund manager making bad decisions. In general, the statistics are very clear that you want to avoid any actively managed fund. There are many funds that are good all-in-one investments. If you are in Canada, for example, Canadian Couch Potato recommends the Tangerine Investment Funds. The fees are a little high, but if you don't have a huge investment, one of these funds would be a good choice and appropriate for 100% of your investment. If you have a larger investment, to the point that Tangerine's MER scares you a little, you still may well look at a three or four fund (or ETF) portfolio. You may choose to use an actively-managed fund even though you know there's virtually no chance it'll beat a fund that just tracks an index, long-term. In that case, I'd recommend devoting only a small portion of your portfolio to this fund. Many people suggest speculating with no more than 10% of your combined investment. Note that other people are more positive on actively-managed funds."}
{"_id": "315630", "title": "", "text": "What I mean to say is that this is never the right way to bring up an issue. If you disagree with it so vehemently, you have the option of leaving for a company which shares your values. (Sorry for the you/your, I'm not literally talking about you.)"}
{"_id": "315660", "title": "", "text": "This sounds to me like a very nice little job for a computer. This assumes that you have some experience of programming a computer, which I believe you do. A program like this does not require a lot of programming experience; a beginner in any simple scripting language could implement it, which is why I think it is a fairly general answer. You can set up a small simulation with either your real loans, or the examples you have given. Then have the computer work through the situation at a monthly time step until the debt is paid, and have it output all the interesting information per month. Then you set it up with your different payment scenarios: each paying proportionally, each paying their own debt separately, paying them in different orders etc. When you have these graphs, it should be possible to answer your main questions: The more information you add to this simulation, the more effective it gets. For example, I'm sure there are various tax deductions that you can make, depending on how much each of you pay, that depends on all sorts of things (location, income, age?)."}
{"_id": "315666", "title": "", "text": "First I'd like to echo msemack's answer. Start by maxing out your 401K and IRA contributions. Not a lot of people just starting their career have the luxury of doing much more outside of that. Here are some additional tips that I learned when I was just getting started:"}
{"_id": "315678", "title": "", "text": "&gt;What you're pretty systematically failing to appreciate is the **pain** felt by people during structural unemployment.  I don't really see what relevance that has to this discussion. Yes, unemployment can suck. What does that have to do with Wal-Mart salary rates?"}
{"_id": "315684", "title": "", "text": "So you\u2019ve decided to capitalize on your big, spacious house by renting it out. Before you go out in search of your first tenants, though, it\u2019s important to get it prepared for leasing first. Think of yourself as a home seller trying to prep his home for an open house."}
{"_id": "315702", "title": "", "text": "2 + 20 isn't really a investment style, more of a management style.  As CTA I don't have specific experience in the Hedge Fund industry but they are similar.   For tech stuff, you may want to check out Interactive Brokers.   As for legal stuff, with a CTA you need to have power of attorney form, disclosure documents, risk documents, fees, performance, etc. You basically want to cover your butt and make sure clients understand everything.   For regulatory compliance and rules, you would have to consult your apporiate regulatory body. For a CTA its the NFA/CFTC. You should look at getting licensed to provide crediabilty. For a CTA it would be the series 3 license at the very least and I can provide you with a resource for study guides and practice test taking for ALL licenses.   I can provide a brief step by step guide later on."}
{"_id": "315712", "title": "", "text": "Over 1,300 tubes containing radioactive water inside San Onofre nuclear plant's steam generators in California has been reportedly damaged enough that they need to be taken out of service. To date, the safety of tubing that snakes around the plant's 4 steam generators were installed in a multimillion-dollar upgrade three years ago."}
{"_id": "315716", "title": "", "text": "Do your homework on all types bonds and other lower-risk instruments, including bond funds and ETFs. I left too much money sitting around as cash over the last 5 years."}
{"_id": "315722", "title": "", "text": "I feel like no one really has he right to step in and ask me what I'm spending my own money on and why Well, yes - the bank do, and they are legally required to. It's for legal purposes and for your own protection. The bank are looking for money laundering, generally. You can't withdraw more than $10,000 cash without the bank having to report it; however, if you ask for $10,000, the bank tell you that they have to report it, and so you reduce your request to (say) $9,500, the bank will still report it - with a note on the report saying that you initially requested a higher limit. They also check spending patterns. If for the last six months you've withdrawn $1,000 in cash each month, but for the last four days you've asked for $5,000 each time, then they'll ask what the money is being used for, in case you're being defrauded. Your question implies that the 'financial people' are asking for the money in cash. If so, then that's a big (BIG!) red flag. No reputable company would ask for deposits that cannot be traced. In this case, I'd be looking for other 'financial advisors'. Interview several, not just the ones used by your friends and/or relatives. And if you don't understand an investment completely, then you shouldn't be making that investment. Your advisor would not be risking their OWN money on it, would they..."}
{"_id": "315723", "title": "", "text": "For India there are very few services that are integrated with Bank & Card Accounts. one such example is from myuniverse from Birla Group, other is money manager from ICICI Bank and also a service from Intuit"}
{"_id": "315726", "title": "", "text": "They also pay really well and give people freedom.  The dignity you get from not having to worry about your time off being refused or worrying about picking your kid up in an emergency is priceless and builds loyalty."}
{"_id": "315739", "title": "", "text": "You cannot bootstrap yourself to prosperity by having more children.  The cost of raising a child is more than what you'll get from the government.  It's like drinking seawater - it costs your body more water than you take in, which is why you die of dehydration."}
{"_id": "315741", "title": "", "text": "It's not so much pros and cons as much as it is what are your savings goals? While it's best to start early to save money for retirement, you may have numerous short- to medium-term savings goals (school, down payment, etc). Here's a template you can consider. I would suggest that you open up an RRSP mutual fund or brokerage account and invest a certain amount that you feel free locking up for the next few decades and investing it in some sort of growth product (perhaps look at portfolios using the Couch Potato strategy). Then, also open up a TFSA mutual fund or brokerage account and use it to invest for medium-term goals (i.e. 5-10 years). Invest in products that will allow for some growth but with low chance of losing principle in that time frame. What I wouldn't do is open up a TFSA savings account and use it for day-to-day savings. The tax you save is negligible and you would need to keep track of deposits and withdrawals to ensure that you don't overcontribute for the tax year. Similarly, an RRSP savings account or GIC is far too conservative at your age, IMHO. Think of RRSP and TFSA as investment vehicles rather than accounts per se. Either type allows for you to invest in a vast array of products, including mutual funds, equities, some derivatives, gold, bonds, GICs, etc.  To conclude, my view is to use RRSP to invest for conventional retirement goals, and use the TFSA to invest for medium-term and early retirement goals."}
{"_id": "315748", "title": "", "text": "When dividend is announced the stock and option price may react to that news, but the actual payout of the dividend on the ex-dividend date is what you probably are referring to. The dividend payout affects the stock price on the ex-dividend date as the stock price will drop by the amount of paid out dividend (not taking into account other factors). This in turn drives the prices of all options.  The amount of change in the option price for this event is not only dependent the dividend payout, but also on how far these are in our out of the money and what there time to expiration is. The price of a call option that is far out of the money would react less than the price of a put that would be far in the money. Therefore I would argue that these two will not necessarily offset each other."}
{"_id": "315760", "title": "", "text": "It might go down a bit, or it might not. That is nearly impossible to predict, as the relative volumes are unknown, and the exact procedure is also unknown (they might do the selling over a longer period, or as a buy back, or immediately, or...) However, why would you want to wait at all? It is generally not a great idea to put your savings into the company you work for ('all eggs in one basket' - when it goes down, you lose your job and your savings), so the best approach is to pick a good day in the next weeks and sell the stock and invest into something more neutral."}
{"_id": "315780", "title": "", "text": "With this level of income, you might consider a Solo 401(k). It would allow you a much higher level of contributions and is more appropriate for your savings than the limited IRA deposits. It also offers a considerable number of options not available for IRAs. A loan for example."}
{"_id": "315792", "title": "", "text": "It does have to do with supply and demand in a sense.  My salary, as an engineer, has relatively little to do with the supply and demand of the parts my employers company makes.  My salary does, however, depend (in part) on the supply of fellow engineers that have comparable skill sets to mine and the demand that companies have for engineers with comparable skill sets to mine."}
{"_id": "315796", "title": "", "text": "I wouldn't lose any sleep on it until it actually happens.  I believe generally the agreement of the merchant with the credit card company says they must submit to the company's arbitration.  If they come back to you, I would definitely get in touch with Visa to complain. Here's some great advice on dealing with unscrupulous debt collection, the main points being It's actually you that should be threatening to sue them if the repairs were incompetent or dangerous!"}
{"_id": "315797", "title": "", "text": "\"No one really DOES care. This is what a marketer will tell you, though. Be as \"\"authentic\"\" as you can be. The best marketing strategy is the one that can't have any holes shot through it. Don't give anyone even the remotest chance of being able to undermine your \"\"pitch\"\".\""}
{"_id": "315808", "title": "", "text": "scr888 We are an online casino with the most complete selection of entertainment for the Malaysia market. Playing at GD2 ONE is to do it with all the guarantees because our offer is backed by the licenses granted to us by the General Direction of Game Management after passing all the certification tests, after a complex process of study and analysis. We bet for you, to offer you scr888 the most attractive online leisure offers on the market. We do this with the strength and security of being part of the GD2 ONE, one of the leading and most prestigious companies in the gambling and betting industry with presence worldwide. Experience and innovation go hand in hand with GD2 ONE thanks to the most reputed professionals."}
{"_id": "315816", "title": "", "text": "\"The biggest driver will your first job out undergraduate.  Cfa and MBA are career accessories but it's tough to reverse a \"\"bad\"\" first job.   Get good grades.  Be involved in clubs. Determine what companies recruit at your school.  Network effectively.\""}
{"_id": "315833", "title": "", "text": "Here's some advice: Never go into business with a friend. Thats a rule that's as old as time. It already seems to me that you're encountering some disparity issues financially. This is a bad idea, man. Stop now, while you still can!"}
{"_id": "315834", "title": "", "text": "Gail Vaz-Oxlade has a budget calculator here that shows how much of your monthly net income should be allocated where. She recommends 35% for housing, 15% for transportation, 25% for life, 15% for debt repayment, and 10% for savings. Some people spend more then they make and her budget sheet helps get things under control for those people. For someone like yourself who seems to have things under control, this budget sheet can be a guideline for you. Play with the percentages if you like, and keep your spending under 100%."}
{"_id": "315836", "title": "", "text": "With respect to the 401(k). Before taking a hardship withdrawal, one must first deplete the ability to take any 401(k) loans available. This is a regulation. The 401(k) loan limit is the lesser of $50k, 50% your vested balance, or $50k minus the highest loan balance within the last year. Here's the good news: it is not a taxable event; you can pay back over a maximum of 5 years; interest is low (usually 4.25% or so). The bad news: if you terminate employment then the loan balance must be repaid or else it becomes taxable income plus a 10% penalty. I suggest you consider eliminating the credit card debt via this option. Pay back as aggressively as possible and if/when you terminate you can take the 10% penalty - it will be far less of an impact than 25k accruing approximately 25% annually."}
{"_id": "315838", "title": "", "text": "It's better to set corporate tax rates at 0% and instead tax individuals or property. Taxes reduce what you tax. Subsidies increase what you subsidize. If you want to eliminate cigarettes or corporations, you tax them heavily.  What Starbucks does pails in comparison to Ikea."}
{"_id": "315847", "title": "", "text": "Here are the pros and cons and an analytical framework for making a decision. Pros of walking away: Cons: Here's the framework: compare the value of first and second sections for you [1] http://www.nytimes.com/2009/07/30/business/30serviceside.html?_r=0 [2] http://www.mortgagecalculator.org/"}
{"_id": "315871", "title": "", "text": "TD will only sell the stock for you if there's a buyer. There was a buyer, for at least one transaction of at least one stock at 96.66. But who said there were more? Obviously, the stocks later fell, i.e.: there were not that many buyers as there were sellers. What I'm saying is that once the stock passed/reached the limit, the order becomes an active order. But it doesn't become the only active order. It is added to the list, and to the bottom of that list. Obviously, in this case, there were not enough buyers to go through the whole list and get to your order, and since it was a limit order - it would only execute with the limit price you put. Once the price went down you got out of luck.  That said, there could of course be a possibility of a system failure. But given the story of the market behavior - it just looks like you miscalculated and lost on a bet."}
{"_id": "315875", "title": "", "text": "You need to run a virus scan on your computers to make sure you do not have a key-logger program running on either.  I would also think about designating one old computer to only access your bank accounts and not do anything but that.   If your computer is infected then every time you login your credit cards can be compromised."}
{"_id": "315888", "title": "", "text": "It could also be that Rovio already had a couple of investors, and if they're failing to make any returns, they could be holding an IPO to return some money to the shareholders. Similar to SNAP. Wouldn't surprise me either, Angry Birds seemed like it had a ton of potential as a brand at its apex and went nowhere."}
{"_id": "315914", "title": "", "text": "Mr. Raphael Lilla is a business enthusiast, a philanthropist and an honoured member of the International Society of Business Leaders. He comes with over 20 years of experience working in the Swiss and International financial markets and is currently operating as the Executive Director of SBC Group AG, Switzerland, and as Managing Director of Swiss Bullion Company International LLC, Dubai."}
{"_id": "315925", "title": "", "text": "\"That works for something like consulting where you are advising the client on specific things but for accounting jobs like Tax and Audit work which have been very commoditized  it's expected to only bill the client for \"\"productive hours\"\" because the project only has a set budget and we need to get the work done. My work hours is seen as a cost to my team because my project needs to make money which the partner/manager/senior are all responsible for keeping man hours down. (Again that's hours chargeable to the client wasted hours in the day don't count).  And then on top of that we need to hit a certain number of chargeable client hours per week.    It's an annoying balance\""}
{"_id": "315930", "title": "", "text": "Here is some good advice, read your UCO prospectus.  It seems to hold 20% of it's value ($600MM out of $3B) via 13800 of the Apr 21st 2015 contracts.  (expiring in 30 days)   Those will be rolled very quickly into the May contracts at a significant loss of NAV. (based on current oil futures chains)   Meaning if crude oil stays exactly the same price, you'd still lose 1% (5% spread loss * .20% the percentage of NAV based off futures contracts) on the roll each month.   Their other $2.4Billion is held in swaptions or cash, unsure how to rate that exposure.  All I know is those 13,800 contracts are in contango danger during roll week for the next few months (IMO).  I wonder if there is a website that tracks inflows and outflows to see if they match up with before and after the roll periods. http://www.proshares.com/funds/uco_daily_holdings.html How Oil ETFs Work Many oil ETFs invest in oil futures contracts. An oil futures contract is a commitment to buy a given amount of crude oil at a given price on a particular date in the future. Since the purpose of oil ETFs is only to serve as an investment vehicle to track the price of oil, the creators of the fund have no interest in stockpiling actual oil. Therefore, oil ETFs such as USO periodically \u201croll over\u201d their futures contracts by selling the contracts that are approaching expiration and buying contracts that expire farther into the future. The Contango Problem While this process of continually rolling over futures contracts may seem like a great way to track the price of crude oil, there\u2019s a practical problem with the method: contango. The rollover method would work perfectly if oil funds could sell their expiring contracts for the exact same price that they pay for the futures contracts they buy each month. However, in reality, it\u2019s often true that oil futures contracts get more expensive the farther their expiration date is in the future. That means that every time the oil ETFs roll over their contracts, they lose the difference in value between the contracts they sell and the contracts they buy. That\u2019s why funds like USO, which invests only in WTI light, sweet crude oil futures contracts, don\u2019t directly track the performance of the WTI crude oil spot price. http://www.etftrends.com/2015/01/positioning-for-an-oil-etf-rebound-watch-for-contango/ Due to these reasons, I'd deem UCO for swing trading, not for 'investing' (buy-and-hold).  Maybe later I'll remember why one shouldn't buy and hold leveraged vehicles (leverage slippage/decay).    Do you have an exit price in mind ? or are you buy and hold ?"}
{"_id": "315933", "title": "", "text": "ac service---Do you know how Service Experts Heating &amp; Air Conditioning helps you beat the heat? With expert air conditioning repairs from our NATE-certified HVAC service technicians. NATE-certification means we have the experience, skills and tools to fix HVAC problems the first time. So when you need your Air Conditioner repaired fast, just give us a call or schedule your repair appointment online."}
{"_id": "315958", "title": "", "text": "This is the real Truth and why we are soon going to find that Iran will also reverse course and every country that is able, will nuclearize.  Once the middle east is nuclear then there will be peace.  Nobody is stupid enough to trust or believe the US anymore not even our allies, especially when PePe le pew sends his shit stain of a son in law for pretend peace meetings.  I think actually in his own retarded stupid bumbling way, the Idiot in chief has actually set the world on the path to peace because everybody is going to tell America to stick freedom up its own ass.   PS: what does it have to do with the economy . . .it will bankrupt america"}
{"_id": "315959", "title": "", "text": "\"It's likely that the main reason is the additional currency risk for non-USD investments. A wider diversification in general lowers risk, but that has to be balanced by the risk incurred when investing abroad.  This implies that the key factor isn't so much the country of residence,  but the currency of the listing. Euro funds can invest across the whole Euro zone. Things become more complex when you consider countries whose currency is less trusted and whose economy is less diversified. In those cases, the \"\"currency risk\"\"  may be more due to the national currency, which justifies a more global investment strategy.\""}
{"_id": "315964", "title": "", "text": "Lol to be fair, our monetary system is nutty. Money is created out of thin air because (mainly) 3 institutions trade debt around. I get the basics but also have no clue what some concepts actually mean.  Like the national debt; its growing, does that even matter? Its not like anyone is going to call that debt in and collapse the whole global system. Or the big one; so the government doubles the money supply in 2008 but we didn't have run away inflation... that does not make any sense. Its all imaginary. The only sense there is to make, is that some rich sociopath/s are now richer."}
{"_id": "315972", "title": "", "text": "You may be in a situation where buying is preferred, especially because you can enter the market in a strong position - with a 20% down payment.  If you have the financial ability to assume the risk of owning, you may be better off.  I would consider two things.  Renting is purchasing a service. You are buying the flexibility to move with minimum hassle and the landlord is assuming the risk of owning the asset (property). They will make money on you, like any service provider. Buying is purchasing an asset. You are buying the underlying asset and assume all the risks associated with it. This is large, unforeseen maintenance, fees, taxes, depreciation, etc... Some of these risks were passed to you as a renter, but some were not.  Just like purchasing $400k in stock, if you have to sell when the market is down, you lose big. You win if you can hold. Unlike a stock, real estate will eat your cash in taxes and repairs unless it is rented. If you are willing to be a long-distance landlord, this may work out. Understand that property management fees will eat into your rent income and being long-distance will give more potential for a bad tenant to ruin your property value. These and other factors (e.g. vacancy rate) will increase your risk of loss and should be considered. Some of this will be your preference, since you will spend much more time dealing with buying/selling/property management as opposed to a more clean rental situation. Is this hassle worth the savings? For many, yes; others, no. Finally, I hope this calculator can help clarify some of the financial aspects for you.  http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?_r=0 Good Luck!"}
{"_id": "315974", "title": "", "text": "If you have a 20,000 balance and a 8.75% interest rate, you should be paying between $145 and $150 in interest each month, with the balance going to principal.  (0.0875/12=0.007292, and that times 20,000 is 145.83; as interest is compounded daily, it'll be a little higher than that.)  If the minimum is below $145, then you are not covering the interest; I suspect that is what is happening here, and they're reporting interest paid that wasn't covered in a prior month (assuming you have some months where you only pay the statement minimum, which is less than the total accrued interest). Assuming you're in the US (or most other western countries), your loan servicer should be explaining the exact amount each payment that goes to principal and interest.  I recommend calling them up and finding out exactly why it's not consistent; what should be happening, assuming you pay more than the amount of interest each month, is the interest should go down (very) slowly each month and the amount paying off principal should go up (also slowly).  EG: Etc., until eventually the interest is zero and your loan is paid off.  It probably won't go this quickly for this size of loan - you're only paying off a tiny percentage of principal each month, $50/$20000 or 1/400th - so you won't make too much headway at this rate.   Even adding another $25 would make a huge difference to the length of the loan and the amount of interest paid, but that's another story.   You will eventually at this rate pay off the loan (at $200 a month for all 12 months); this isn't dissimilar to a 30 year mortgage in terms of percent interest to principal (in fact, it's better!).  $50 a month times twelve is $600; 400 payments would take care of it (so a bit over 30 years).  However, as you go you pay more principal and less interest, so you will actually pay it off in 15 years if you continue paying $200 a month exactly. What you may be seeing in your case is a combination of things: In months you pay less (ie, $100, say), the extra $45 in interest needs to go somewhere.  It effectively becomes part of the principal, but from what I've seen that doesn't always happen directly - ie, they account it differently at least for a short time (up to a year, in my experience). This is because of tax laws, if I understand correctly - the amount you pay in interest is tax-deductible, but not the amount of the principal - so it's important for you to have as much called 'interest' as possible.  Thus, if you pay $100 this month and $200 next month, that total of $300 is paying ~$290 of interest and $10 of principal, just as if you'd paid it $150 each month. If you had any penalties, such as for late payments, those come out off the top before interest; they may sometimes take that out as well. All in all, I strongly suggest having an enforced minimum (on your end) of the interest amount at least; that prevents you from being in a situation where your loan grows.  If you can't always hit $200, that's fine; but at least hit $150 every single month.  Otherwise you have a never ending cycle of student loan debt that you really don't want to be in. Separately, on the $1000 payment: As long as you make sure it's not assigned in such a way that the lender only accepts a month's worth at a time (which shouldn't happen, but there are shady lenders), it shouldn't matter what is called 'principal' and what is called 'interest'.  The interest won't go up just because you're making a separate payment (it'll go down!).  The portion that goes to interest will go to paying off the amount of interest you owe from the time of your last payment, plus any accrued but unpaid interest, plus principal.  You won't have the option of not paying that interest, and it doesn't really matter anyway - it's all something you owe and all accruing interest, it only really matters for accounting and taxes.  Double check with your lender (on the phone AND on their website, if possible) that overpayments are not penalized and are applied to principal immediately (or within a few days anyway) and you should be fine."}
{"_id": "315982", "title": "", "text": "Ehh, everyone can forecast, even idiots and most people have conceptualized the consequences that could happen from that behavior and have decided to do it anyways. It makes sense if the job pays like shit and sucks to do. Hell, I'd do it if I had to go back to fast food and I'm great at thinking ahead (in my not so humble opinion)"}
{"_id": "315983", "title": "", "text": "Hey Forum,  I recently had an update to the app where it now allows you to find out your markup percentage. All you have to do is put in your desired profit at the end of the month and then put in how many items you want to sell each month and the entire formula is calculated for you in less than a second. Extremely convenient and extremely time-saving.  You can download the Android version here: https://play.google.com/store/apps/details?id=com.markupmagic.companymarkup&amp;hl=en   And the iOS here: https://itunes.apple.com/us/app/markup-magic-profit-calculator/id1183206273?mt=8   We are currently redoing the website so you can look out for that soon enough. :)  As always, suggestions and comments are always welcome as we want this to be the best app it can be for users.  Take care and have a wonderful time."}
{"_id": "316018", "title": "", "text": "&gt; The recommendations included reviewing Mr. Kalanick\u2019s responsibilities and reallocating them, with an increased emphasis on a chief operating officer at the company.  Does that mean moving him from CEO into more of a COO role, or bringing on a COO and reallocating those responsibilities to that person?"}
{"_id": "316023", "title": "", "text": "Might not be a bad buy tomorrow morning but it won't spike back up if Amazon is just going to run them out of business, which means your money is being thrown away. It's better to invest in something that didn't just have it's death warrant drafted and signed."}
{"_id": "316035", "title": "", "text": "I am a carsalesman. Lets get one thing straight, we are not allowed to give people a better deal just because they pay cash, regardless of what some people say. That can be seen a discrimination as not all people are fortunate enough to have cash available. if anything, finance is better for the dealership, as we get finance commission and the finance company DOES pay us the total amount immidiatly"}
{"_id": "316037", "title": "", "text": "You are long the puts. By exercising them you force the underlying stock to be bought from you at your strike price. Let's say your strike it $100 and the stock is currently $25. Buy 100 shares and exercise 1 (bought/long) put. That gives you $7500 of new money, so do the previous sentence over again in as many 'units' as you can."}
{"_id": "316045", "title": "", "text": "\"Useless statistic.  From the article:  \"\"The four-week moving average of claims, a less-volatile measure, climbed to 377,750, the highest in a month, from 376,000. The number of people continuing to collect jobless benefits increased 34,000 in the week ended May 26 to 3.29 million. The continuing claims figure does not include the number of workers receiving extended benefits under federal programs.  Those who\u2019ve used up their traditional benefits and are now collecting emergency and extended payments slumped by almost 105,000 in the week ended May 19 to 2.83 million.\"\"\""}
{"_id": "316051", "title": "", "text": "\"is your credit history ruined, or merely dinged? Is the blow   recoverable? Any bad credit rating event is recoverable given enough time / money to solve the problem.  As far as \"\"Ruined\"\" vs\"\" \"\"Dinged\"\", well, that's a matter of opinion; some people think that one bad item is the end of the world, others not so much.  You will have an unpaid debt listed on your report.  This will drop your score.  The amount it impacts the score will depend on other factors in your report. Can the carrier try to get the money back in court? I assume you'll   wind up dealing with a debt collector.  Yes they could go to court, but that's unlikely at least in the short term.  Far more likely is that the debt ends up sold to a debt collection agency for pennies on the dollar.  The debt collection agency will harass you until you pay and they might file in court if they think the debt is more than enough to cover the court costs. Will this affect any other relationships you have? Possibly.  A bad rating may make it more difficult to get credit in the future.  However that depends on numerous other factors such as your entire history.  It could even prevent you from being hired from certain jobs - not many of them, but some.   Is it criminal? Read this: http://www.startribune.com/investigators/95692619.html  The US does NOT have a debtors prison.  However if the company decides to file a court case and you fail to appear or fail to abide by the court ruling then, in some states, you could be committing a crime and may be thrown in jail.  At which point you are on the hook not just for the original fee but potentially a plethora of other costs.  Never mind the loss of reputation when your friends, family and coworkers find out that you are sitting in jail. At the end of the day, just pay the debt.  If you agreed to the plan and the plan has an early cancellation fee then the moral and ethical thing to do is pay it.  Trying to see how bad it would be to ignore it isn't the right way to live.\""}
{"_id": "316056", "title": "", "text": "Zuckerberg already cashed out $1B.  But that was planned from the get-go so he could diversify.  Employees with stock options still have to wait before they can cash out.  I think its 6 months after IPO."}
{"_id": "316058", "title": "", "text": "This is bullshit.  It's only doing what it's programmed to do.  This completely avoid the issue of: 1) who did the programming to make a business this way? 2) is this, in any way, ethical?  Cancer cells are just doing what they do best, so much so that they excel at doing what they do.  Doesn't make them good for the organism."}
{"_id": "316074", "title": "", "text": "\"I've been in a similar situation before. While contracting, sometimes the recruiting agency would allow me to choose between being a W2 employee or invoicing them via Corp-2-Corp. I already had a company set up (S-Corp) but the considerations are similar. Typically the C2C rate was higher than the W2 rate, to account for the extra 7.65% FICA taxes and insurance. But there were a few times where the rate offered was identical, and I still choose C2C because it enabled me to deduct many of my business expenses that I wouldn't have otherwise been able to deduct. In my case the deductions turned out to be greater than the FICA savings. Your case is slightly different than mine though in that I already had the company set up so my company related costs were \"\"sunk\"\" as far as my decision was concerned. For you though, the yearly costs associated with running the business must be factored in. For example, suppose the following: Due to these expenses you need to make up $3413 in tax deductions due to the LLC. If your effective tax rate on the extra income is 30%, then your break even point is approximately $8K in deductions (.3*(x+3413)=3413 => x = $7963) So with those made up numbers, if you have at least $8K in legitimate additional business expenses then it would make sense to form an LLC. Otherwise you'd be better off as a W2. Other considerations:\""}
{"_id": "316080", "title": "", "text": "Can you explain this to me? I'm under the impression that the CEO is generally hired by the board because he/she is supposed to be the expert, and the board provides broad guidance as to where the business should go. There is no one really above the CEO in the traditional sense as I understand it, but I would like to see what you mean if you don't mind explaining."}
{"_id": "316081", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Residents Devastated After Dunkin\u2019 Donuts Closed by Fire Description | Fire Shuts Down Shamokin Dunkin Donuts Length | 0:02:25           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "316103", "title": "", "text": "In current times, the instant way to success is associated with a feature to get real Instagram followers! With social media overtaking almost every sphere of life, it is imperative that you need to be \u2018within the sight\u2019 of the concerned people to crack it big! Just make sure that you get the authentic \u2018followers\u2019 from the correct source."}
{"_id": "316131", "title": "", "text": "Why does Apple have to do their own maps app anyway? You don't have to keep everything in house. Google and other nav companies have already spent a ton of money and resources creating fantastic navigation maps. Why not just license their work and slap your own UI over it and call it a day?"}
{"_id": "316132", "title": "", "text": "\"Of course it can. This is a time value of money calculation. If I knew the maturity date, or current yield to maturity I'd be able to calculate the other number and advise how much rates need to rise to cause the value to drop from 18 to 17. For a 10 year bond, a rise today of .1% will cause the bond to drop about 1% in value. This is a back of napkin calculation, finance calculators offer precision. edit - when I calculate present value with 34 years to go, and 5.832% yield to maturity, I get $14.55. At 5.932, the value drops to $14.09, a drop of 3.1%.  Edit - Geo asked me to show calculations. Here it goes - A) The simplest way to calculate present value for a zero coupon bond is to take the rate 5.832%, convert it to 1.05832 and divide into the face value, $100. I offer this as the \"\"four function calculator\"\" approach, so one enters $100 divided by 1.05832 and repeat for the number of years left. A bit of precision is lost if there's a fractional year involved, but it's close. The bid/ask will be wider than this error introduced.  B) Next - If you've never read my open declaration of love for my Texas Instruments BA-35 calculator, here it is, again. One enters N=34 (for the years) FV = 100, Rate = 5.832, and then CPT PV. It will give the result, $14.56.  C) Here is how to do it in Excel -  The numbers in lines 1-3 are self evident, the equation in cell B4 is =-PV(B3/100,B1,0,B2) - please note there are tiny differences in the way to calculate in excel vs a calculator. Excel wants the rate to be .05832, so I divided by 100 in the equation cell.  That's the best 3 ways I know to calculate present value. Geo, if you've not noticed, the time value of money is near and dear to me. It comes into play for bonds, mortgages, and many aspect of investing. The equations get more complex if there are payments each year, but both the BA-35 and excel are up to it.\""}
{"_id": "316149", "title": "", "text": "Obviously mate. Mortgage advisors don't have just one client, similarly why should you have only one advisor? it\u00b4s an open market. Don't worry about wasting their time, you are not wasting their time if you are considering a mortgage. then, in case you found a better deal with another mortgage advisor then that\u00b4s life - someone was better then them."}
{"_id": "316165", "title": "", "text": "Eh, Five Guys just isn't that good.  Of course it is better than places like McDonalds and I haven't stepped foot in a McDonalds in at least 10 years. But why would I go to Five Guys when I can choose from at least 10 other burger joints in my area that make a much better burger for the same price or cheaper.  If anything Five Guys appeals to the people that don't know what they want and have been going to McDonalds their whole lives."}
{"_id": "316171", "title": "", "text": "\"&gt; I am shorted almost 50% of the market rate for others in the same field.  The bitch of it is if I left for a year and came back, they probably would pay me that difference, maybe even more.  This happens surprisingly often.  Companies will \"\"anchor\"\" your compensation based on your starting salary and the distribution of salaries within your pay grade.  So even if circumstances change significantly (e.g. you gain a Master's degree, or take on additional responsibility) your compensation tends to change only gradually.  Sadly, you're also right that often your only real option is to take your talents elsewhere.  In fact, I've even read this as \"\"career advice\"\" - I'd say it's an open secret that biggest pay-bumps in your career will come when you change employers.\""}
{"_id": "316190", "title": "", "text": "Also make a menu and make a shopping list from that.  It will help you control how much you buy, and help to enforce only buying what you need.  You don't need to limit your menu, but buying what you need in appropriate quantities will help.  Don't forget to add snacking and desserts to your menu."}
{"_id": "316201", "title": "", "text": "In general yes, however you are creating a false dichotomy. I can choose to fly and accept that level of radiation, and fly safely, all without the TSA being involved. The radiation on the plane is a necessary risk that must be accepted for flying, whereas going through TSA is not."}
{"_id": "316204", "title": "", "text": "He means [Technical Analysis](http://en.wikipedia.org/wiki/Technical_analysis).  It can really be simple. Even just trading on the RSI is a way to make money.   To learn it, I'd suggest reading wikipedia and messing around with a trading platform- there's one I use at work which is quite user-friendly, I'll PM you if you're interested. Don't really want to be spouting employer information on reddit."}
{"_id": "316219", "title": "", "text": "US Treasury securities are the safest investment. You can buy short term by buying T-Bills.  You buy T-bills at a discount to face. For example, to buy a four week T-bill the treasury will take $99.98 out of your account. In four weeks the treasury will deposit $100 into your account. The $0.02 difference is your Intrest on the loan. Compounded over a year (13 four week periods) you get a 0.24% interest. But (presumably) more importantly (to you) you get your original $99.98 back.  Your government cannot nationalize money that you have on loan to the United States Government.  Edit : oops, I dropped a decimal position in my original calculation of compounded rate of interest. It is now corrected."}
{"_id": "316226", "title": "", "text": "Michael Bach Atlanta is the Chief Executive Officer of Drezden Capital Advisors.  He was a 16 year veteran in the fund market whereby Michael Bach, Atlanta was earlier the Managing Associate of a mid-market Personal Equity firm.  To his credit, Michael Bach Atlanta has applied enterprise takeovers in the health, transportation, submission and different manufacturing disciplines.  During his period in the Personal Value industry he started and completed dealings which included debt offerings (Senior and Mezzanine Debt) totaling $189 million, Equity capital assemblages totaling $34 million, as well as executing joining transactions and divestitures totaling $281million during his profession.  Mr. Bach joined North Carolina A&amp;T State College in Greensboro, North Carolina, focusing in each Architectural and Mechanical Architectural."}
{"_id": "316228", "title": "", "text": "\"The thing to look at is PayPal's \"\"PayPal.me\"\" service, which is a pretty neat little item.  When you sign up for a PayPal.me account (totally free), you create a unique username.  So for example, my PayPal.me account name is DanCAnderson.  I can give someone the following web link to send me $500: http://paypal.me/DanCAnderson/500 If you click the link above, you'll see what the user sees (my company name is Salt River Networks, Inc.).  I gave a live link so you can see the working example of it (no need for anyone to send money! chuckle). I can change the amount by simply changing the value at the end of the URL. When they go to that link, they see a landing page with your name on it and the amount to send to you, then they go through the normal process of paying via PayPal. It's a pretty neat service, and I've used to it bill a few clients for work I've done by emailing that link to them rather than going through the whole PayPal procedure.\""}
{"_id": "316230", "title": "", "text": "Talk about coincidence, we just recieved letters from our bank saying that our interest only loans will be going up by 0.46% and if we want to keep our lower rate we will need to change early to P&I. Now our Interest only periods end in 6 months to about 16 months anyway. We have decided to change to P&I early and save on our interest expenses. Why? Because the main purpose of investing is to make money not to save on tax. Even if you are on the highest marginal tax rate for every extra dollar of expenses you spend and claim as a deduction you will only get about 50 cents back through tax savings. If you are on the lowest marginal tax rate your tax savings will reduce to less than 20 cents for every extra dollar spent. If you are investing in order to save on tax you may be investing for the wrong reasons. Your primary reason for investing should be to make money, for wealth creation. A good reason to stay with an Interest only loan for an investment property would be if you require the extra cash flow you would receive compared with an I&P loan."}
{"_id": "316250", "title": "", "text": "no u dont need to go to a top college and there's always hope. hell you'll even be able to break in even if your grades suck. find an area of finance that you're interested in, become as specific as possible, and get really, really good in that area. it isn't enough to say you're into finance. won't even be sufficient to say you're interested in trading. be as specific as possible - macro currency trading, emerging market rates volatility arbitrage, european credit - and then be the best young guy around in that area. then its just a matter of getting in front of people and getting noticed by the right people. good luck."}
{"_id": "316268", "title": "", "text": "\"&gt;I don't think you realize how ignorant people can be.  lol - seriously?  Does this mean she doesn't know how to wipe her ass?  Doesn't know to wash her teeth?  You're really arguing that.... really?  For a women who went through American schooling, and who didn't grow up as a nomad in the dessert?  You're serious?  She never understood \"\"Condoms stop pregnancy\"\"?\""}
{"_id": "316286", "title": "", "text": "Yes, provided you're not over the IRA deductibility limit as well. \u2013  JoeTaxpayer\u2666 Aug 4 at 18:02 Note that if you get refunded for excess contributions, it usually happens in the following year, in which case it doesn't affect the year where these contributions occured -- rather, the refund counts as taxable income in the year you received the refund. \u2013  user102008 Aug 11 at 8:11"}
{"_id": "316296", "title": "", "text": "I think if you are only trading stocks with average volume greater than 1M you should not have any trouble entering a 10,000 size trade. If you are you can try a couple of things: Change your order from a market order to a limit order, however this may potentially reduce the number of shares that are actually traded on that day, and you may miss out on some or all of your order. Limit your trading to more liquid stocks, say average daily volumes above 10M or 100M. Apart from that you might have to just put up with some extra slippage and incorporate it into your trading plan. That is you can reduce your R multiple to allow some slippage."}
{"_id": "316307", "title": "", "text": "\"The first one was a summation of the experience at the end of the article. Both were comments regarding reliability which is what each article and respective section was addressing.   &gt;...reliability concerns after unfavourable Edmunds and Consumer Reports long-term use reviews  -  &gt; \"\"Our car amassed quite the repair r\u00e9sum\u00e9 during the last 17 months.\"\"  -  &gt;\"\"Consumer Reports' Tesla Model S has more than its share of problems\"\"\""}
{"_id": "316312", "title": "", "text": "Depending on the specific bond, here is the official info. http://www.wilmingtontrust.com/gmbondholders/index.html Bottom line, it won't be determined for a while yet, as the filing with the Bankruptcy Court still has lots of blanks."}
{"_id": "316321", "title": "", "text": "\"I think the problem is that the due diligence involves checking with the ratings agencies and see what they say, if the ratings agencies say \"\"Oh, yeah, that's an awesome and safe investment!\"\" there isn't any other way to find out it isn't.\""}
{"_id": "316359", "title": "", "text": "In my experience, you don't need to endorse a check with a signature to deposit it into your account.  You do if you are exchanging the check for cash.  Businesses usually have a stamp with their account number on them.  Once stamped, those checks are only able to be deposited into that account.  Individuals can do the same.   I have had issues depositing insurance and government checks in the past that had both my and my wife's name on them.  Both of us had to endorse the check to be able to deposit them.  I think this was some kind of fraud prevention scheme, so that later one of us couldn't claim they didn't know anything about the check."}
{"_id": "316363", "title": "", "text": "Question is, what is this number 0.01140924 13.69/12=0.01140924 In addition, how does one come out with the EIR as 13.69% pa? When calculating payments, PV = 9800, N=36 (months), PMT=333.47, results in a rate of 1.140924% per period, and rate of 13.69%/yr. No idea how they claim 7.5% In Excel, type =RATE(36,333.47,-9800,0,0) And you will get 1.141% as the result.  36 = #payments, 333.47 = payment per period, -9800 is the principal (negative, remember this) And the zeros are to say the payments are month end, second zero is the guess.  Edit - I saw the loan is from a Singapore bank. It appears they have different rules on the rates they quote. As quid's answer showed the math, here's the bank's offer page -  The EIR is the rate that we, not just US, but most board members, are used to. I thought I'd offer an example using a 30 year mortgage.   Yo can see above, a 6% fixed rate somehow morphs into a 3.86% AR. No offense to the Singapore bankers, but I see little value in this number. What surprises me most, is that I've not seen this before.  What's baffling is when I change a 15yr term the AP drops to less than half. It's still a 6% loan and there's nothing about it that's 2 percent-ish, in my opinion.  Now we know."}
{"_id": "316379", "title": "", "text": "So, let's get this straight.  You believe that whites are the smartest race in existence, and that blacks are a whole standard deviation stupider than whites. That is to say you believe that the average African American is functionally retarded.  That's what you're arguing here. That's what the IQ test results say. If you believe that IQ isn't culturally biased then that's your argument. Your study says that's not true. In the conclusion they say that there's no epigenetic cause for this disparity, but that's what you're arguing.  I want to see you write that out. Tell your friends tell the world that you think whites are superior in intelligence to all other races. If you won't then accept that IQ is flawed and shut your mouth."}
{"_id": "316388", "title": "", "text": "NO Even worse, most BTL(buy to let) lenders will not lend if you are going to be living in the property.    There are very few lenders that will touch something like this.    It is likely you will also need to use bridging for the time the building work takes at something like 1.5% per month! Try posting the question to http://www.propertytribes.com/ as there are a few UK mortgage experts on that site."}
{"_id": "316439", "title": "", "text": "From what little I know about statistics and behavioral finance, it appears that the \u201cOctober effect\u201d is based more on psychology than actual statistics.  With that said, if you\u2019re young you shouldn\u2019t worry. I couldn\u2019t care less if the market gets smacked again and drops 20%+. I\u2019m only 31 and have plenty of time to make my money back and capitalize on depressed asset prices. If you\u2019re older though, that\u2019s an entirely different story and one should account for their required time horizon."}
{"_id": "316444", "title": "", "text": "The Oil futures are exactly that.  They are people forecasting the price of oil at a point of time in the future where they are willing to buy oil at that price. That said, Do you have evidence of a correlation of Price of oil to the shares of oil stocks?  Oil companies that are good investments are generally good investments regardless of the cost of oil.  If you did not know about oil futures then you might be best served by consulting an investment professional for some guidance."}
{"_id": "316465", "title": "", "text": "At this point, fault goes to those who show up to these BS meetings.  At the very start of his Presidency, there were hopes that he would consider the thoughts and concerns of the advisory boards he had created.   Now, after just a few months, it is very clear that these advisory boards are just for show -- to make it seem like Trump is this well informed President with all of these inputs from tech leaders. But, Trump really doesn't care and he more than likely will go with the most selfish option.   Ask Musk -- he tried but finally realized that the Trump isn't a President of all of the American people. Trump will go with the option that benefits Trump (politically or financially) and the backwards desires of his supporters. Trump's own WH staff can't get him to behave.  At this point, joining these meetings is just padding Trump's ego so he can tell the world that he had Apple's CEO come in to the WH and give ideas -- but, then do the exact opposite of the recommendations. These meetings are photo ops and marketing gimmicks."}
{"_id": "316482", "title": "", "text": "If you owe a lot of money (more then $500 or $1000) you will get hit with penalties. You will also have to file every quarter the next year. That is very painful. There is a safe harbor if you make sure that you have withheld more money than your taxes from the previous year. The information you provided is not enough for me to give specific advice. But here is a hint: Right after you file this year, use turbo tax to determine what changes you can make to your withholding to minimize any excess withholding."}
{"_id": "316485", "title": "", "text": "One more thing to consider is that $1M today is not the same as $1M 30 years from now because of inflation.  Consider that just 30 years ago (1980) the average house price in the US was only about $69K and a new car cost around $7K on average.  When you retire, it isn't much of a stretch to assume that you could be paying $1.5M for a typical house, $100K for mid-grade car, by the time you retire in 30 years.  Of course, over the rest of your working life your salary will likely increase due to inflation too, so that will help. In 1980 the average US income was around $19K/year. So even though that number seems huge, it is because it is denominated in currency that has been devalued significantly."}
{"_id": "316490", "title": "", "text": "My husband used this device at work in an organization/club that collects dues for fundraisers. The fundraisers are only for the club. So I think that is not business at all. They have no business tax id#, etc? and they use it for personal reasons when collecting money via Cc#'s if this helps you."}
{"_id": "316491", "title": "", "text": "All that is an issue with non competitive market.  My premise was that in capitalism, not in crony capitalism nor in heavily regulated so that it is non competitive or high in market barrier.   Way to solve non competitive market due to crony capitalism or too heavily regulated market usually is not more regulation.  That makes it worse. Role of regulation is to factor in extranality, promote transparency and such.  Not inflate wages of people who don't deserve it"}
{"_id": "316494", "title": "", "text": "You could say the same thing but replace money with pacman and it would be true for the guys who are really good at pacman.   Making money can be no different than any other hobby. The only difference is that you can engage in direct exchange after the fact instead of barter exchange.   But make no mistake enjoying it does not make warren any more insane than the pacman guys (or more seriously most academics)."}
{"_id": "316497", "title": "", "text": "\"When trading Forex each currency is traded relative to another. So when shorting a currency you must go long another currency vs the currency you are shorting, it seems a little odd and can be a bit confusing, but here is the explanation that Wikipedia provides: An example of this is as follows: Let us say a trader wants to trade   with the US dollar and the Indian rupee currencies. Assume that the   current market rate is USD 1 to Rs.50 and the trader borrows Rs.100.   With this, he buys USD 2. If the next day, the conversion rate becomes   USD 1 to Rs.51, then the trader sells his USD 2 and gets Rs.102. He   returns Rs.100 and keeps the Rs.2 profit (minus fees). So in this example the trader is shorting the rupee vs the dollar. Does this article add up all other currency crosses to get the 'net' figure? So they don't care what it is depreciating against? This data is called the Commitment of Traders (COT) which is issued by the Commodity Futures Trading Commission (CFTC)  In the WSJ article it is actually referring to Forex Futures. In an another article from CountingPips it explains a bit clearer as to how a news organization comes up with these type of numbers. according to the CFTC COT data and calculations by Reuters which calculates the dollar positions against the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc. So this article is not talking about futures but it does tell us they got data from the COT and in addition Reuters added additional calculations from adding up \"\"X\"\" currency positions. No subscription needed: Speculators Pile Up Largest Net Dollar Long Position Since June 2010 - CFTC Here is some additional reading on the topic if you're interested: CFTC Commitment of the Traders Data \u2013 COT Report FOREX : What Is It And How Does It Work? Futures vs. Forex Options Forex - Wiki\""}
{"_id": "316501", "title": "", "text": "\"Like JoeTaxpayer said, I don't know of any difference between the backdoor and a regular Roth IRA contribution besides the issue with existing pre-tax IRA money. So if it is your practice to contribute at the beginning of the year (good for you, most people wait until the last minute), then doing a backdoor seems like the safe choice. Some people have speculated that, hypothetically, the IRS could use the \"\"step transaction doctrine\"\" to treat it as a single direct contribution to a Roth IRA (which then would be disallowed and cause you a penalty until you take it out), but I have never heard of this happening to anyone. As for the paperwork, you just need to fill out one extra form at tax time, Form 8606 (you need to complete two parts of it, one for the non-deductible contribution, and one for the conversion). It is pretty straightforward. (Although I've found that it is a pain to do it in tax software.) Another option would be for you to contribute to a Roth IRA now, but when you discover that you're over the limit at the end of the year, re-characterize it as a Traditional contribution and then convert it back to Roth. But this way is not good because then there is a long time between the Traditional contribution and the Roth conversion, and earnings during this time will be taxed at conversion.\""}
{"_id": "316515", "title": "", "text": "\"Whatever you do, you need to be saving a lot more to have a good chance at retirement at a reasonable age. With a combined salary of $150,000, I'd recommend: In total, that's $47,000/year in tax advantaged accounts, plus whatever you put into taxable accounts. Your $150,000 yearly income, less $90,000/year in savings is still an income of $60,000. People live comfortably and raise families on a lot less. Consider how fortunate you are. You could retire in 10 years, if you wanted, by increasing your savings and decreasing your expenses. Seriously, I'm speaking from first-hand experience. If you stay on your present course (saving $2,000/mo), at a 7% real return, you'll need about 37 years to accumulate $3,800,000 (in today's dollars), which is enough to: Even if those student loans are forgiven, that only knocks off about 2 years. If you are in your late 30s now, there's a decent chance you'll be dead before you retire. As for buying a house or not, this depends a lot on your personal circumstance and how the rental market in your city compares. In your decision, don't forget to consider: Renting is not necessarily throwing money away any more than buying a house is. If you take out a mortgage, you'll be \"\"throwing away\"\" a lot of money anyway. Look for a \"\"loan amortization calculator\"\" to see how much goes to interest versus principal. For a $500,000 loan at a 3.5% rate, you will be paying approximately $1400 per month in interest versus only $800 towards the principal. When you deduct insurance, taxes, maintenance, etc from that $800, you may find you are still throwing away most of your monthly payment on interest and expenses you wouldn't have if you rented. The money you do \"\"save\"\", after interest and expenses, isn't really saved. Housing markets go up and down, but on average, over the long term, they go up just enough to keep up with inflation, meaning a 0% real return. If renting means less cash out of pocket per month, you can put that extra cash towards investments that yield a much higher return. Sure, you may need to continue making rental payments in perpetuity, but you can save enough extra money to pay for the rental in investment income. Again, it depends considerably on how the housing and rental markets compare where you live. Popular cities (San Francisco, New York, Paris, etc.) tend to favor renting. Unpopular cities (Detroit, St. Louis) and rural areas tend to favor buying. Further reading: Mr. Money Mustache: Rent vs. Buy: If You Have to Ask, You Should Probably Rent\""}
{"_id": "316516", "title": "", "text": "I have control over the time I spend in certain places, yes. The point is to be involved in as many things as possible. Meet new people, generate relationships, etc etc.   Any amount of success I've had at what I do comes from spending the time getting to know and become friends with people. I don't really consider that luck."}
{"_id": "316535", "title": "", "text": "I've got a small position at Lending Club and it's doing really well. It's been easy to use, good (not excellent) interface, easy to track the loans you've made &amp; does a good job with notifications. Not much there for doing anything advanced with the portfolio math--I've used a separate spreadsheet to track things *as well as* use their reporting.    The one catch with them I find is that when you put an order in you have to wait longer than you might expect for the process to complete--that is, even after the loan is *funded*, it still has to be *reviewed*, so the lead time before your money begins earning interest might be 2 weeks + 1 week of review time."}
{"_id": "316546", "title": "", "text": "\"&gt;  The number of upvotes on your post has absolutely zero relevance to the fact that you believe Trump has caused this minuscule reduction in the deficit.  Did he reduce the deficit? Yes or no?  Did he reduce more than any other president in 6 months? Yes or no?  Does huge reduction in deficit start with a \"\"miniscule\"\" one? Yes or no?  Are you so unhappy with this good news because it Trum? Yes or no?  If no to the above, than why are to unhappy to wired up over this good news?\""}
{"_id": "316555", "title": "", "text": "Yes, nothing is impossible! :) You can buy it directly from the factory of manufacturer, but then you will have to pay for sea shipping of this car. E.g. you can buy it directly from Japanese Toyota but then you will have to pay to sea cargo ship to deliver your car in container from Japan. Since this car is already your property, before importing to US, I doubt that you would need to pay any custom fees. In the end, the total payment might be a lot cheaper that you can buy there, but you need to be prepared to all this hassle"}
{"_id": "316567", "title": "", "text": "I know other people are chiming in on their opinion of best screens but here's mine: HTC One X/EVO 4G LTE/(Windows)8X. Best screen, hands down.  To answer your question about how it's better than others, including Samsung, is the software. The engine that produces the color and also the type of screen. Samsung chose a different screen on the S3. It's a larger phone, so the costs may have been higher to go with a non-PenTile type screen and therefore the density of the pixels suffers. Then again, it's still a great screen, in my opinion. Makes me wonder what the next step is."}
{"_id": "316592", "title": "", "text": "What a silly question?  They took all the Tax payer money and bought all the bad loans that the banks had on their books. They put all the bad loans as assets on the Feds books.  But because it was bad and was not really worth anything, they created a further $1 Trillion, and loaned it out to all the Banks to show as tier I capital, and paid an interest of 2.5%, while the Fed rate was effectively 0%, on the understanding that this money could never leave the Fed, and was only for display purposes, hence they could over leverage that $1 Trillion many times over.  The Banks then seem capitally adequate and required no further activity in the lending market as they generated 2.5% of fucking hot air, and the rest of the funny money could be played with in the ever buoyant Fed Stimulus supported equity markets.  So no real money ever entered the real economy, no real organic growth occurred, so the Fed started to fudge the figures to show a employment and growth, but because there was no liquidity, there was no inflation.  In short, all that grew since 2008 is the Size of the bubble between the Fed and the banks, and our paychecks went to the bankers bonuses for  a job well done."}
{"_id": "316599", "title": "", "text": "Ask to meet with different advisors, and talk with them. Treat it as in interview process, and do not just go with the first one that comes along. Make sure you ask about their fees, and get everything in writing. Pay close attention to the fine print; it is here where hidden fees exist. If you don't understand something, speak up and ask.  It would be worth your time to investigate solutions outside of ML as well at, for example, Vanguard. Not every bank/investment firm is the same.  Ask if the wealth management is a fiduciary, meaning they legally must have YOUR best interest in mind when making financial decisions with your money. This is definitely not a requirement everywhere, which can ultimately have lasting impacts in terms of wealth appreciation and even preservation."}
{"_id": "316617", "title": "", "text": "\"Let's just focus on the \"\"why would a bank need to accept deposits from private clients part\"\" and forget the central bank for a moment. I'm a guy. I have a wife and two kids. They have this pesky habit of wanting to buy stuff. When I get paid, I could just get a check, cash it, stuff it under a mattress, and pull it out when I need it. Hey that worked for a long time didn't it? But sometimes it's nice to write checks. (Just kidding, that's so gauche...) I use my debit card. I use my credit cards, but they need to be paid somehow. My light and phone bills need to be paid too. If only there were someone out there who could facilitate this transfer of money between me, the private client and the merchants I'm forced to spend my money at. Now some of those merchants have plans. Light bills I can pay at my grocer if I choose. But most of the other's don't. Luckily I have a bank that's willing to do this, for a fee. So basically they do it because there's a void in the market if they don't. I don't know if it's true what they say about supply creating its own demand, but it certainly is true that demand creates supply!\""}
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{"_id": "316627", "title": "", "text": "\"\u201cIt\u2019s a small town, so they might be more likely to see the big media company as an outsider, not fully understanding the meat product or the company\u2019s production methods or any of that,\u201d Lidsky said.  Oh, small town people see big media as outsiders? Let's see MSM is all owned by 5- multi billion dollar corporations with elite bilderberg/bohemian grove Globalist boards. No one except \"\"the 1%\"\" is an \"\"insider.\"\" Anyone who sees MSM news as \"\"on their side\"\" or \"\"an important source of information\"\" is a useful idiot shill for the corporate elite who I promise has nothing but disdain (evidenced by their constant lying and fake stories) for all Americans.\""}
{"_id": "316631", "title": "", "text": "In terms of preserving good relationships one approach is to charge a nominal rate of interest. maybe a few percent of the total and agree a time when it should be paid back. This may actually make them feel better about borrowing them money, especially, especially if it is something like business loan or buying a house or car.  If they need the money for a real crisis and they have no clear strategy for paying it back then it may just be better all around if you make it clear that it is a gift.  What you don't want to do is set up a situation where you are creating unnecessary problems down the road and that will very much depend on your individual relationship and how seriously you take the loan.  Here it is important that you are completely open and honest about the arrangement so take the time to make sure that both parties understand exactly what they expect from each other."}
{"_id": "316638", "title": "", "text": "If you had asked just about anybody to go for sushi in the 80s, they would have been disgusted, if you could have even found a place that served it. Now it's *everywhere* and banal.   I think it's inevitable that insects will play a big part in the future of food."}
{"_id": "316645", "title": "", "text": "\"Say we are in 'normal times.' Passbook rates are 5% or so. Longer rates, 6-7%. I offer you a product with these terms, for $10,000 I will return a \"\"Guaranteed\"\" $10,000 in 6 years and based on the stock market, 1% for every 2% the S&P is up beyond 10% at maturity. As the seller of this product, I take $6666, and buy a fixed investment, 6 years at 7% in treasuries will return the $10000. Really. I then take the $3334 and buy out of the money calls on the S&P each year to capture the gains, if any, and to deliver on my promise.  This is one example of a structured deposit offering. They can have nearly any terms one can imagine. Tied to any product. S&P, Crude Oil, Gold. Whatever.\""}
{"_id": "316651", "title": "", "text": "These are plans similar to 401k plans. 457(b) plans available for certain government and non-profit organizations, 403(b) available for certain educational, hospital, religious and non-profit organizations. Your school apparently fits into both classes, so it has both. These plans don't have to allow ROTH contributions, but they may, so you have to check if there's an option. The main (but not only) difference from IRA is the limit: for 401(k), 403(b) and 457(b) plans the contribution limit is $17500, while for IRA its $5500 (for 2013). Additional benefit of 457(b) plan is that there's no 10% penalty on early withdrawal, just taxes (at ordinal rates)."}
{"_id": "316652", "title": "", "text": "I stopped using pre-authorized payments for things like telephone etc., because it made it more possible/likely for a fraudulent charge to sneak by. But if there is an occasion for choosing pre-authorized payments (like charities, and places of exact fixed price) I use my credit card because then I also get points. Furthermore, I reason (perhaps wrongly) that if there is intermediary step between actual money (bank account) and the source of the bill then it gives me better chance of catching irregularities and hence a little safer.  I am sure other members here will laugh my naivety, but there you have it."}
{"_id": "316657", "title": "", "text": "\"Negative - the original plan was to purchase a right of way easement through the reservation from the tribe. When that became economically prohibitive they rerouted it. That's when everyone threw a fit about it crossing a river.  My understanding was the tribe set a price and the company said \"\"too high\"\" - and rerouted it.\""}
{"_id": "316664", "title": "", "text": "&gt; 5. Beware of the Internet The Internet creates unique challenges for employers, especially with the advent of smartphones and tablet. Too many employees spend too much time:  Redditing? :-)  I've certainly seen how all of these things can happen, sometimes without poor intention on the part of the employee. Frankly, if I have a higher level employee that has time to waste in the first place, I think the blame goes on me for not managing well. Sure, there's more to the story, but I try not to walk around with the mentality that my employees are trying to find any way they can to blow their time. That thought makes me sad..."}
{"_id": "316673", "title": "", "text": "We constantly hear that there are not enough trades-people to fill manufacturing roles. This is what happens when you offshore everything possible for the last 30 years. No one wants to go into a trade that will be offshored plus there are too few of those positions to apprentice in. Stop the boo-hooing big business, man-up and invest in some of your fellow citizens."}
{"_id": "316695", "title": "", "text": "Obviously, it varies from place to place, dependent on factors such as, say, what rent/public transportation costs in whatever city your business is located in, but, overall, i'd say 15-25$ an hour should cut it, at least, for the average American. That's about $600-$1000 dollars a week, $3000-$5000 a month, assuming you're working 40-hour weeks. Of course, my ideal scenario would be UBI but that's a whole other thing."}
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{"_id": "316733", "title": "", "text": "If this were to happen, maybe it would encourage people to maintain their own stuff. Mow their own lawns, maintain their homes etc.. If someone quoted me 16k for a new roof, I'd march my ass straight to the roofing supply store and figure out how to do it myself."}
{"_id": "316742", "title": "", "text": "&gt; Mr. Musk should have known in August, when production guidance was reiterated, that the company wasn\u2019t going to produce 1,500 Model 3s by the end of September.  ...and what about those 400,000+ deposits on the Model 3? Does anyone think all those people are going to wait five or six years for their cars?  EDIT: There's always the issue of Musk's [pronouncements in the past](http://np.reddit.com/r/KotakuInAction/comments/753sda/youtube_may_not_be_responsive_to_complaints_about/) that could be interpreted as defense-in-advance."}
{"_id": "316784", "title": "", "text": "&gt; why is it that in the soviet union, which redistributed wealth to an extreme had a population that was equal, but all equally poor?  Yes, welfare programs are exactly equivalent to communism and also the downfall of the Soviet Union was a direct consequence of their welfare programs and totally unrelated to anything else.  Furthermore Ayn Rand was right, being poor is evil and poor people are holding the wealthy back from achieving their potential. Let's remove all the taxes, trickle down economy is a fact, that money is going to go directly into the poor people's pockets due to ECONOMY, so we don't need to worry about like one or two percent of the people hoarding all of it and/or using it to influence new regulations that help prevent other players from entering markets."}
{"_id": "316794", "title": "", "text": "\"Consider buying a legal \"\"mother daughter\"\" property, rent out the top part, and live in the \"\"mother\"\" component.\""}
{"_id": "316837", "title": "", "text": "\"&gt; I've done the math  Look, your random assertions are meaningless.  Show your work.   Edit: Oh, and by the way, compare the bay area (which has a federal [\"\"low income\"\" limit of about 105k](http://www.mercurynews.com/2017/04/22/in-costly-bay-area-even-six-figure-salaries-are-considered-low-income/) with [the rest of of the country](https://www.huduser.gov/portal/datasets/il/il2017/select_Geography.odn) where the low-income limit is closer to 40-50k for most states.   200k is also much more than 120k.\""}
{"_id": "316838", "title": "", "text": "\"The answer posted by Kirill Fuchs is incorrect according to my series 65 text book and practice question answers. The everyday investor buys at the ask and sells at the bid but the market maker does the opposite. THE MARKET MAKER \"\"BUYS AT THE BID AND SELLS AT THE ASK\"\", he makes a profit form the spread. I have posted a quiz question and the answer created by the Financial Industry Regulatory Authority (FINRA). To fill a customer buy order for 800 WXYZ shares, your firm requests a quote from a market maker. The response is \"\"bid 15, ask 15.25.\"\" If the order is placed, the market maker must sell: A)   800 shares at $15.25 per share. B)   800 shares at $15 per share. C)   100 shares at $15.25 per share. D)   800 shares at no more than $15 per share. Your answer, sell 800 shares at $15.25 per share., was correct!. A market maker is responsible for honoring a firm quote. If no size is requested by the inquiring trader, a quote is firm for 100 shares. In this example, the trader requested an 800-share quote, so the market maker is responsible for selling 8 round lots of 100 shares at the ask price of $15.25 per share.\""}
{"_id": "316852", "title": "", "text": "Protest opinions aside. Will taking this away from the team's actually help?  The article mentions rent payments they make. Are they actually renting space he owns or do they subsidize it as a sort of here's some extra money type thing?   According to the article excluding what they call rent payments leaves about 12 million. Would the economic stimulus from that not out weigh what they would get from cutting him off?"}
{"_id": "316866", "title": "", "text": "\"A straddle is an options strategy in which one \"\"buys\"\" or \"\"sells\"\" options of the same maturity (expiry date) that allow the \"\"buyer\"\" or \"\"seller\"\" to profit based on how much the price of the underlying security moves, regardless of the direction of price movement. IE: A long straddle would be: You buy a call and a put at the same strike price and the same expiration date. Your profit would be if the underlying asset(the stock) moves far enough down or up(higher then the premiums you paid for the put + call options) (In case, one waits till expiry) Profit = Expiry Level - Strike Price - (Premium Paid for Bought Options) Straddle\""}
{"_id": "316870", "title": "", "text": "It sounds cold, but the law has to hold people to their agreements. There are exceptions for unconscionable terms, but I don't think this gets close to that level. This is certainly audacious, but not quite shocking to the conscience. Maybe there's an argument to be made regarding whether a reasonably prudent person in the party's position would have known what they were agreeing to under the circumstances (depending upon how the provision was presented), but without a lot more information we can't say whether that angle has a snowball's chance in hell.  You should read the terms governing every important agreement you enter into. It sounds like a huge burden, but for any major undertaking you really do need to grit your teeth and trawl through the whole thing. If you don't like what you find, ask for a second look from a lawyer to confirm your suspicions, or just walk away.   Bank service agreements, loan/mortgage applications, major venue reservations, and employment contracts (ESPECIALLY employment contracts!) all deserve that much time. Typically the terms you might not like are address circumstances that, as a practical matter, don't really concern you, but you might be surprised at how often you find deal-breakers like this crawling around in the woodwork."}
{"_id": "316872", "title": "", "text": "Firstly, call up the company and speak to them over the phone. The right questions must be asked as this will make great difference. Questions are important because you would be able to get every possible information, so that you take the right decision."}
{"_id": "316873", "title": "", "text": "And now we get to live through five years of cargo-cult copies of this deck (and managers who force their team to use it as a template) because there will be people who take the article at face value and think it's all about the deck. It's not a $10M pitch deck. It's a $10M pitch team, and this is one of their tools. There were also phone calls, emails, meetings, etc. And in fact it's very likely that what closed the deal wasn't the deck, but what was said in that room."}
{"_id": "316878", "title": "", "text": "\"The size terminology for lumber is based on the rough cut dimensions from the mill, not the actual size of the board at Home Depot. There's post finishing done to 2x4's, etc from the big box stores.  It's been that way for 50 years.  If a couple of hipsters got their feelings hurt because they didn't know what they were doing, tell them to watch a youtube video about lumber before screwing up a home improvement project.  They wouldn't have the slightest idea what to do with an actual rough cut 1x6 anyway.  They'd get home with it, and if by some miracle they managed to plane it, they'd realize they're left with a 3/4\"\"x5 3/4\"\" board,  just like you get from Home Depot.  Grow up, pansies.\""}
{"_id": "316925", "title": "", "text": "HMRC may or may not find out about it; the risks and penalties involved if they do find out make it unwise not to just declare it and pay the tax on it. Based on the fact you asked the question, I am assuming that you currently pay all your tax through PAYE and don't do a tax return. You would need to register for Self Assessment and complete a return; this is not at all difficult if your tax situation is straightforward, which it sounds like yours is. Then you would owe the tax on the additional money, at whatever applicable rate (which depends on how much you earn in your main job, the rate tables are here: https://www.gov.uk/income-tax-rates/current-rates-and-allowances ). If it truly is a one off you could simply declare it on your return as other income, but if it is more than that then you would need to look at setting up as Self Employed - there is some good advice on the differences here: http://www.brighton-accountants.com/blog/tax-self-employment-still-employed/ :  Broadly, you are likely to be running a business if you have a regular, organised activity with a profit motive, which continues for at least a few months. If the work is one-off, or very occasional (say, a few times per year), or not very organised, or of very low value (say, under \u00a32,000 per year), then it might qualify as casual income. If you think it is beyond the definition of casual income then you would also need to pay National Insurance, as described in the previous link, but otherwise the tax treatment would be the same."}
{"_id": "316932", "title": "", "text": "As a sole trader you would fill out an Individual Tax Return and complete the Business and Professional Items Section P1 to P19, then enter the amounts from that section into Item 15 in the Supplementary Section of the Tax Return. Any business income as a sole trader will be included into your taxable income for the year together with other sources of income you may have earned in the same income year. Whether you get a tax refund will depend on the amount of taxable income you make, the amount of tax you have already paid in instalments throughout the year, and any tax deductions and tax offsets you can claim."}
{"_id": "316942", "title": "", "text": "This isn't really the right sub, but check your Student's Union to see if they can give you any legal help or go to the Citizen's Advice Bureau. You need to get this cleared otherwise you may have problems getting lines in the future."}
{"_id": "316951", "title": "", "text": "The details of any bank accounts are irrelevant. If you're self-employed, you submit your tax return to HMRC at some point after the end of tax year. HMRC then tell you how much tax you owe and when payment is due, and you then pay it. HMRC don't have access to your bank accounts. Note that interest earned on a bank account is treated as taxable income, and banks normally automatically pay the tax due on your behalf, at the basic rate of 20%. If you're self-employed, you need to declare this income on your tax return. And in the case of a joint account, that interest is treated as being split equally."}
{"_id": "316966", "title": "", "text": "\"&gt;Collective bargaining existed before the government officially granted people that right.   Collective bargaining is an ambiguous term that could refer to many concepts. There is voluntarily agreed to collective bargaining, which has nothing wrong with it, and then there are laws that FORCE the employer to collectively bargain with a union if a union requests it, which is a mandate and violates the employer's contract liberty.  &gt;However we've been through that in this country, and child labor, unsafe working conditions, and 80 hour weeks.   I [responded](http://www.reddit.com/r/business/comments/117gq5/walmarts_employees_went_on_strike_this_month_for/c6kaesg) to this claim made by another Redditor as well:  &gt;The prevalence of child labor was decreasing long before any law was created prohibiting it. Child labor is necessary in poor countries because people are far less productive per hour worked. As productivity increases, parents can afford to send their children off to school instead of working, since their own work is enough to support the family.  &gt;Child labor is something that needs to disappear on its own, in response to changing economic conditions. If you introduced a law prohibiting child labor in a poor country like Cambodia right now, it would lead to widespread hardship and an increase in mortality.  &gt;In other words, no government mandate created due to union-pressure can possibly lead to beneficial change, since laws that limit people's economic rights, under the assumption that 51% knows what's better for the minority than they themselves do, generally do much more harm than good.  Nothing good comes for the country from using the threat of violence (as all laws do) to deny people a right to manage their own property how they see fit.  &gt;Like all laws, there is a balance to be struck between individual rights and the common good, and what can be seen as a \"\"right\"\" for one can often be seen as a \"\"right to violate another's rights\"\" for someone else.  There is no game theoretic reason to assume, or empirical evidence that suggests, that violating people's property ownership rights leads to a greater betterment of the common good than would have happened with property ownership rights intact.  &gt;&gt;The mighty is those who use the force of government or the threat of violence (e.g. violent strikes) to prevent another party from exercising their contract liberty and firing them.  &gt;This is some pretty extreme hyperbole, and hard to take seriously.  As history over the last century has shown, it's no hyperbole. Labor unions-backed regulations (soft-socialism) has succeeded in spite of the resistance of employers.  &gt;Union membership in this country has dwindled to around 10%, down from around 50% during the middle of the century, and the erosion of the middle class has been the undeniable result.  Because unions have destroyed nearly every major industry where they had a natural tendency to form (large scale capital intensive manufacturing operations where large numbers of workers were concentrated in one place).   In no union-dominated industries did unions fade due to greater power by employers: vehicle manufacturing, low-value-high-volume consumer-goods manufacturing, ship-building, passenger rail service, US Steel. In all of these industries, the number of unionized employees declined because the industries themselves contracted in the US.  &gt;Use the \"\"force of government\"\"? You know, we may have the right to strike in this country, but there's no law that says a company can't hire replacement workers, indefinitely.  The force of government prevents companies from refusing to collectively bargain with a labor union.  &gt;Threat of violence? Violent strikes? This is a straw-man if I've ever seen one. Who is threatening violence here?  This existed before government laws were created that made legal threats on behalf of employees that want to keep unionized employees employed and force companies to collectively bargain with a union.  Now of course the strikers themselves are not directly threatening violence, since they are backed by the force of government.  &gt;Objectively, when you look at the wealth disparity in this country, it's pretty hard to argue that the right to collective bargaining has resulted in an unfair advantage for workers.  Collectively bargaining doesn't benefit workers in general. It benefits in the short-term, those workers who are employed and unionized, at the expense of long-term wage growth and employment opportunities for the unemployed and non-unionized employees.\""}
{"_id": "316980", "title": "", "text": "\"I'm interested in the answer to this question too. I got a job as an accounts receivable analyst about 4 months ago. It mostly involves running SQL queries on the companies database and determining whether things like the timing and movement of products/cash are appropriate.   About 95% of my day is spent in Excel either analyzing data trends, correcting accounts where product or cash is out of alignment, and writing my boss/the c-level conclusions based on the state of all things AR.  The other 5% of my day is staring vacantly at a blank piece of paper as I try to wrap my head around what I should be asking our database, and how to organize the results to find out what I need to be finding out. I would honestly say 30% of the work is mindlessly easy for me (now that I know what I'm doing), 50% of the work is smash-my-face-against-the-wall confusing, and 20% is \"\"I am solving problems by learning new things, hooray!\"\".  I was not particularly interested in finance, in fact my skill set was computers then I found languages and went on a decade long tangent learning that. Turns out languages don't pay the bills very well and I need a career. I can get my company to pay for some education, but I don't know if finance is what I really want to do.  Having read the rest of the comments in the thread, I will say I am not at all competitive with others (though I hold myself to very high standards). And if I feel others are too aggressive I will shut them out. I sometimes hear higher-ups in my company on the phone using their A-type personalities and wrestling with 3rd party companies and picture myself hanging up on them if I were on the other end of the phone.\""}
{"_id": "316985", "title": "", "text": "Yes, it's still a mess, but I hope the information is good. Would love to hear your comments in regards to the language used (not a native English speaker) and the information given. The site is under development, it will look nice, will have a nice ebook, and whatnot. All help is appreciated. Thank you so much guys."}
{"_id": "316987", "title": "", "text": "It is not delayed and if it didn't show yet - will not show on that agency's credit report. However, you may find it on another agency's report. There are three major agencies, and creditors don't always check all of them (each inquiry costs them money)."}
{"_id": "316993", "title": "", "text": "Can't totally agree with that. Volatility trading is just one trading type of many. In my opinion it doesn't depend on whether you are a professional trader or not.  As you might have heard, retail traders are said to create 'noise' on the market, mainly due to the fact that they aren't professional in their majority. So, I would assume, if an average retail trader decided to trade volatility he would create as much noise as if would have been betting on stock directions. Basically, most types of trading would require a considerable amount of effort spent on fundamental analysis of the underlying be it volatility or directional trading. Arbitrage trading would be an exception here, I guess. However, volatility trading relies more on trader's subjective expectations about future deviations, whereas trading stock directions requires deeper research of the underlying. Is it a drawback or an advantage? I.d.k. On the other hand-side volatility trading strategies cover both upward and downward movements, but you can set similar hedging strategies when going short or long on stocks, isn't it? To summarise, I think it is a matter of preference. Imagine yourself going long on S&P500 since 2009. Do you think there are many volatility traders who have outperformed that?"}
{"_id": "317024", "title": "", "text": "I probably haven't been alive for hundreds of years? No, I assure you I haven't been around for that long. As for me saying that I should've been in the solar eclipse glasses business, don't take it literally...I'm really just saying that the companies that make the glasses are raking it in right now. Getting into the business after the fact is bad timing, though...sure, there will be other eclipses and you could sell some glasses, but nothing like Monday's eclipse will occur again in our lifetime. The companies that make the glasses will never have sales like this again.  Which country are you from anyway?"}
{"_id": "317027", "title": "", "text": "Your own fault for taking out loans to get a degree in philosophy. If you have an automobile I would say get a job as a delivery driver, Pretty solid way to earn at least 15 bucks an hour. but regardless find a part time job and save scrupilously. Look at what you spend your money on and see where you can chop out expenses. Also look to see how you can find cheaper food. This is a great website to learn how to live on peanuts earlyretirementextreme.com"}
{"_id": "317028", "title": "", "text": "I'm curious to hear what exactly you would do with these *decent ingredients for home-cooked meals at a good price* while you're driving to your next destination, and need to eat before you arrive? Do you actually journey to your home every time you eat?"}
{"_id": "317037", "title": "", "text": "I would use student loans and avoid credit card debt if debt is your only option.   Here are the advantages I see:   Disadvantages:"}
{"_id": "317050", "title": "", "text": "\"Entire books have been written on how to get to the end of the month before you get to the end of the money. It's a very broad problem. But in your case, let me point out that your salary never \"\"suddenly disappears\"\" (unless you're paid in cash and it blew away or was stolen while you were sleeping.) You spent it.  For a month, monitor your spending. One approach is to write everything down in a small notebook. Come up with categories like \"\"Rent\"\", \"\"Food\"\", \"\"Transportation\"\" and look at the totals. Over time, you can estimate what you spend in a normal week or month on these things. When you spend much more, you can ask yourself why. It might be because you just splurged money you didn't have on something you didn't need. It might be because something broke, and you hadn't been saving a small reserve month after month to pay for those repairs when they would be needed. It might be because some bills only come once a year or every 6 months, and you hadn't been saving a small reserve to pay that bill when it came in.  Once you understand where your money is going and why it sometimes runs out, you can work out what to do about that. It might involve spending less. But that's not the first step. The first step is not to be surprised by \"\"sudden disappearances\"\" that are anything but.\""}
{"_id": "317051", "title": "", "text": "\"I have no aspirations of opening or owning a pizza joint, but if I did, I would call it \"\"A New York Minute\"\" and do everything I could to make it authentic NY Pizza. Feel free to pm me my free pizza for life or certificate once it takes off. Thanks.\""}
{"_id": "317073", "title": "", "text": "Good post. I remember about ten years ago TV wall mounts started at about $300CAD for a cheap one, and people couldn't buy them fast enough. I remember thinking at the time that a basic metal shop could pump them out for just a few dollars. One guy could probably make 10+ every hour.  Oh well - lesson learned I guess."}
{"_id": "317105", "title": "", "text": "I sucks that people bought into a corrupt system and lost money on their investment. The compassionate thing to do would be for everyone to exclusively use cabs. If we all pay more for lower quality service, then we can subsidize the medallion owners and help a guys out."}
{"_id": "317113", "title": "", "text": "Aside from daily living expenses, there are other costs worth considering, because they are just as important to your children\u2019s development as their basic needs. These include education expenses, day care or babysitting and medical costs, birthday parties, bar/bat mitzvah, and car expenses."}
{"_id": "317148", "title": "", "text": "So in your screenshot, someone or some group of someones is willing to buy 3,000 shares at $3.45, and someone or some group of someones is willing to sell 2,000 shares at 3.88. Without getting in to the specific mechanics, you can place a market buy order for 10 (or whatever number) shares and it will probably transact at $3.88 per share because that's the lowest price for which someone will currently sell their shares. As a small fish, you can generally ignore the volume notations in the bid/ask quotes."}
{"_id": "317160", "title": "", "text": "I believe your statement is mostly correct:  ...all the expert recommendations are based on an inflexible conventional wisdom that presumes that all renters are relatively resource-poor. When you purchase a $50 electronic item at the store and are offered an extended warranty for $3, most people turn it down, not only because they don't think it's worth it, but also because in the event that the item fails between say years 1 and 3, they don't worry enough about that $50 to care if they have to buy a new one, or live without it. The percentage of your net worth also matters. For example, if you had an entire loss tomorrow, you'd be out $20K if you needed to re-purchase your possessions. (30K minus 10K in current coverage.) $20K is approximately 1/44 or 2.3% of your net worth. If a catastrophe occurs and you only lose 2.3% of your net worth, some might consider that lucky, so from that point of view it isn't really a big deal. But on the flip side, if the extra insurance only costs you $50 more per year, you may not even notice that dent in your net worth either. I think for most people, the value of items in their home may be their net worth, or at least a much larger percentage of it, in which case the insurance makes more sense. For someone in your position, it probably doesn't make much difference either way. If you had $300K in valuables in your house, perhaps your point of view would be different."}
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{"_id": "317187", "title": "", "text": "Disagree. These rules keep this place useable.   It started to get worse since Trump won and it's really annoying to see all the anti business comments in every comment chain.   If people want to moan about capitalism and Trump go to the  five million subs dedicated to doing that."}
{"_id": "317197", "title": "", "text": "\"The answer is simple -- your new job pays more than your old one.  As such, you're in a higher tax withholding bracket, even with the same number of deductions as before. Your withholding is computed based on how much you make each pay period, and the number of pay periods in the year.  So, if you were being paid weekly before then it was based on the assumption you made the same amount for every pay period in the calendar year.  This is why tax varies from week to week for hourly employees and people being paid overtime.  In your new job, you're being paid \"\"semi-monthly\"\", which makes for 24 pay periods rather than the 52 pay periods when you were paid weekly, so the amount of withholding (in dollar terms) is going to be much greater than when you were being paid weekly.  Add in the fact you're making $2,000 more (a month, I presume?), so that's $24,000 a year more.  It's definitely going to bump you into a different earning bracket for taxes, so even with the same number of deductions, you're going to pay more now. This isn't to say you won't be able to recoup some of that at the end of the year when you file your taxes, since your current withholding rate may have you over-paying.  As such, you'll see a nice refund. One final note -- You always have the option of changing your withholding if you like.  Many people will do that, claiming minimal deductions for the first few months of the year to let the maximum withholding take place, then they'll adjust their withholding deductions in the second half of the year to capture more in each paycheck.  If done right, it makes no difference in the total amount withheld, but it does allow the checks at the latter part of the year to be bigger than if withholding deductions were kept the same throughout.\""}
{"_id": "317212", "title": "", "text": "Both content providers *and* end users already pay market rates for infrastructure and bandwidth as they should. Beyond that the internet should not be viewed as a nickle and dime profit center for either party nor should traffic be prioritized on public networks. The main reason is that it's extremely bad for network integrity. Data needs to freely flow not unlike the blood in your arteries."}
{"_id": "317224", "title": "", "text": "I understand why people think its wrong, but I don't blame Apple for doing this.  Right or wrong the way our financial system works businesses must be growing or they will start to die.    Also, Apple is not responsible for the laws of the nations it does business in.  They could take a moral stand, but then that would be open them to a lot of hypocrisy.  I mean, Tim Cook and Apple might be against the death penalty, does that mean they can't do business in the US?  Besides, removal of the apps from the store does not mean people can't find ways to install VPN apps.  I don't think Apple should be responsible for taking a stand against the laws of a country.  That's for the people in those countries to do."}
{"_id": "317239", "title": "", "text": "I knew my question was coherent and I knew what I was getting myself into when I started this thread. I actually do have a lot of trading finance and stock books in my bookshelf. Although I can go try to find a solution to my problem it's still not the same if I were to ask someone just gave me a straight answer. But if you want to respond abstractly then I understand."}
{"_id": "317246", "title": "", "text": "It is creepy how wealthy companies always get these tendencies to change their structure and functioning  to pay the least possible taxes and get into all kinds of this shady shit. I once heard that if you study the behaviour of companies as if they were people, many of them would get diagnosed as psychopaths, and this kind of behaviour is an example of that.   Why does the most profitable company on earth have this perverse urge to increase that money in such shady ways? Why not live up to your honour and pay taxes back to the country that gave you the chance to develop and grow?"}
{"_id": "317252", "title": "", "text": "Lol typically you choose a major and most of your classes are about that subject. A big part of being a professional is being able to work productively with diverse people. So, understandings diversity issues can actually be very helpful in the work world."}
{"_id": "317260", "title": "", "text": "10 years into my career.  Here are my notes:  1. Don't work overtime as a salaried employee.  If there's more work than people then management needs to hire more people.  Sure, there are times when shit hits the fan and there's no other option, but that should be a 'once every two years' event, not a 'once every week' event.  2. Be a rockstar.  If you're spending time 'looking busy' because you finished a 3 hour job in 1 hour ship the results to your manager and ask for more.  Those results will be noticed and will move you from entry-level to mid-level to senior.  3. Skills pay the bills.  Always work on learning new things to bring value to your employer.  This is also required to move up the chain in your career, and leads into my #4.  4. Get paid what you're worth.  Maintain an understanding of what similar skillsets are paying in your area and either maintain or exceed that.  Your employer has an incentive to pay you as little as possible.  Show them comparable salaries for the same position paying more and make them match it.  If they won't match it find someone who will.  5. Don't correct your boss/salesperson when they are presenting to management/customers.  Instead, let them know after the meeting.   Your #2 points (both of them) are something that I struggled with when I was new in my career.  It was incredibly frustrating to *know* something, but not have anyone listen due to the fact that I was a 'kid'.  Unfortunately it's a part of life.  If you can do #2 and #3 on my list for a couple of years people will start listening.  It's a great feeling being a 24 year old kid in a room full of my boss's bosses, and my boss's boss's bosses and having them listen and consider my opinion, but it's not something that's given to everyone. You need to earn it."}
{"_id": "317262", "title": "", "text": "Melbourne Australia and I'm 20. I'd get some management experience in this field first but I can certainly feel that happening soon. I'm in no rush to do this but it is 100% something I would do  I have a friend who is an accountant who will be in this with me :)"}
{"_id": "317268", "title": "", "text": "Their biggest source of growth will be the chinese global train line project.   Combine fast trains to europe + warehouses Alibaba is building(i think now in poland) - you'll get alibaba prices with reasonable shipping times to all of Europe. not sure how amazon can compete with that."}
{"_id": "317278", "title": "", "text": "\"Did a math undergrad, this is apparently super common in math/compsci departments , especially Adderal. I suspect the numbers are far lower than stated, however. They help you with mindless, repetitive tasks or cramming, but most of those kinds of drugs are just going to fry your brain, prevent you from thinking abstractly, and eventually turn you in to a zombie.  It's actually very frightening how non-chalant people are with (potentially dangerous) drug abuse. Taking care of your health; sleeping and eating well, will go a long way towards keeping you in peak condition without substance abuse. I get that in some fields (finance inclusive) the hours and workloads are almost fetishized amongst juniors, but personal health is just so much more important than trying to win the \"\"longest hours\"\" competition.  With all that said, I obviously don't take them, but do love coffee and probably drink a bit too much in a day.\""}
{"_id": "317285", "title": "", "text": "Does not surprise me in the least. Sony has zero innovation now. Their audio products are shit. Their TV production is hitting the end of the line. The PS3 barely survived launch and they were beaten badly by an affordable, innovative, and horrendously underpowered competitor. Their online store is a fucking joke and they spend too much time pandering to companies like Capcom and Konami (who have nothing but tapped out IP's now and they keep trying to leech as much out of them as they can which, after RE6 reviews have shown, is about to implode under their own weight). The Vita is not doing well at all and it's library of games is missing high demand games and most of them are ports of their lackluster PS3 counter parts.    I hope their president can turn this shit around, but his task and the depth of the issues may make that impossible. He's just starting to play catch up right now and it's going to be some time before they can surpass anyone.  They need to cut the fat, ditch what's not working for them and never will again (like their smart phones), and focus on innovation instead of beating old ideas into the ground and copycatting their competitors (i.e. PS Move)."}
{"_id": "317288", "title": "", "text": "Choosing a reputable and trustworthy company for managing your SEO is both an instinctive and calculated move. Getting SEO content goes a long way in promoting one\u2019s business, so it is of utmost importance to carefully choose an agency or a consultant for that purpose. Browse to read full story."}
{"_id": "317337", "title": "", "text": "But it does require math skill and ability to know and follow procedure - plus you need to pay someone enough that they aren't going to take bribes/steal from the till.  And there is the whole treating people like humans thing.  Which you seem to lack."}
{"_id": "317342", "title": "", "text": "I'm not sure we're talking about the same thing. I'm talking about making money off loans which weren't defaulted but on but were paid back with interest.  Anyway, in abstract preventing something bad absolutely counts as doing something good. The crisis could have been worse, and caused much more pain, hardship, and lost wealth. It was bad enough as it was, I'm personally glad it wasn't worse."}
{"_id": "317354", "title": "", "text": "You can simply stick with some index funds that tracks the S&P 500 and Ex-US world market. That should provide some good diversification. And of course, you should always have a portion of your money in short/mid term bond fund, rebalancing your stock/bond ratio all the way as deemed necessary. If you want to follow the The \u00dcber\u2013Tuber portfolio, you'd better make sure that there's minimum overlapping among the underlying shares that they hold."}
{"_id": "317363", "title": "", "text": "\"In a rational market, the market caps (total value of all shares of the company) should be determined by the expected future profits of the company, plus the book value (that is the value of all assets that the company holds). The share price is then calculated as market caps divided by number of shares - a company worth a billion dollar could have a million shares at $1000 each or a billion shares at $1 each or anything in between.  When profits drop, every investor has to re-think what the expected future profits of the company are. If all the investors say \"\"I thought this company would make a billion profit in the next ten years, but based on the drop in profits I changed my mind and I think they will only make 500 million\"\", then the share price drops. On the other hand, if profits dropped because of some predictable event, then that drop was already priced into the share price. If the profits dropped less than expected, the share price might even go up.  You can see the opposite effect: Share price might be very high because everyone expects huge growth in profits over the next ten years. If profits grow less than expected, the share price will drop. Share price depends on predicted future profits, not on profits today.\""}
{"_id": "317365", "title": "", "text": "\"Most of the time* you're selling to other investors, not back to the company. The stock market is a collection of bid (buy offers) and asks (sell offers). When you sell your stock as a retail investor at the \"\"market\"\" price you're essentially just meeting whatever standing bid offers are on the market.  For very liquid stocks (e.g. Apple), you can pretty much always get the displayed price because so many stocks are being traded. However during periods of very high volatility or for low-volume stocks, the quoted price may not be indicative of what you actually pay.  As an example, let's say you have 5 stocks you're trying to sell and the bid-side order book is 2 stocks for $105, 2 for $100, and 5 for $95. In this scenario the quoted price will be $105 (the best bid price), but if you accept market price you'll settle 2 for 105, 2 for 100, and 1 for 95. After your sell order goes through, the new quoted price will be $95. For high volume stocks, there will usually be so many orders near the midpoint price ($105, in this case) that you won't see any price slippage for small orders.  You can also post limit orders, which are essentially open orders waiting to be filled like in the above example. They ensure you get the price you want, but you have no way to guarantee they'll be filled or not.  Edit: as a cool example, check out the bitcoin GDAX on coinbase for a live example of what the order book looks like for stocks. You'll see that the price of bitcoin will drift towards whichever direction has the less dense order book (e.g. price drifts upwards when there are far more bids than asks.)\""}
{"_id": "317374", "title": "", "text": "I think you can solve the problem of different wordings by having a lookup with a table of all the different ways companies spell the same words that returns a standard format that you use. That way you only need to update the table every time you come across a new company and you wont have to type it out all the time."}
{"_id": "317386", "title": "", "text": "It's also bad to create skewed incentives that result in the best candidate not getting the job.   Or should we have no feelings for the other candidates who apply?   Edit: Hypothetical situation. My wife gets a job in another city, and I also need to relocate. I currently have a job. I am the best candidate for a new job, but don't get it because of the proposed tax credit.   Not only have you created an incentive for the company to hire a second best candidate, which is bad for the company and its customers, but I am unable to relocate.   Bad policy. Economic engineering that sounds good, but is not the most efficient means of allocating resources."}
{"_id": "317392", "title": "", "text": "\"You get a fat pile of cash.  The federal law prohibits the employer from asking certain kinds of questions^*. The way this is enforced is that if they do ask any of them, they have to pay a lot of money to the person they asked it from. This is not really done because the recipients of the money are deemed to deserve it, it's done to make asking such questions scary and potentially expensive.  ^* Interesting aside, the law doesn't really prohibit discrimination in general, it prohibits discrimination against \"\"protected classes\"\" that are fully listed in statute. As such, discrimination against, fe. gay people is perfectly legal in most of the USA. Getting sexual orientation listed as a protected class is a major objective for the gay movement.\""}
{"_id": "317398", "title": "", "text": "I would like to add that coworkers who do give their employer free time are half the problem, as they are enabling this behavior from management. And, why do they do this? Because they are trying to impress management. So, the employee who gives free time to a company is actually *more* selfish than the one who refuses to work more than 40 hours. They are adversely affecting other fellow employees in their own self-interest. I severely resent any employee who regularly gives free time to a company."}
{"_id": "317399", "title": "", "text": "The major drawback to borrowing to invest (i.e. using leverage) is that your return on investment must be high enough to overcome the cost of finance. The average return on the S&P 500 is about 9.8% (from CNBC) a typical unsecured personal loan will have an interest rate of around 18-36% APR (from NerdWallet). This means that on average you will be paying more interest than you are receiving in returns so are losing money on the margin investment. Sometimes the S&P falls and over those periods you would be paying out interest having lost money so will have a negative return! You may have better credit and so be able to get a lower rate but I don't know your loan terms currently. Secured loans, such as remortgaging your house, will have lower costs but come with more life changing risks. The above assumes that you are getting financing by directly borrowing money, however, it is also possible to trade on margin. This is where you post a proportion of the value that you wish to trade with as collateral against a loan to buy the security. This form of finance is normally used by day traders and other short term holders of stocks. Although the financing costs here are low (I am not charged an interest rate on intraday margin trading) there are very high costs if you exceed the term of the loan. An example is that I am charged a fee if I hold a position overnight and my profits and losses are crystallised at that time. If I am in a losing position at that time the crystallisation process and fee can result in not having enough margin to recover the position and the loss of a potentially profit making position. Additionally if the amount of collateral cash (margin) posted is insufficient to cover the expected losses as calculated by your broker they will initiate a margin call asking for more collateral money. If you do not (or cannot) post this extra margin your losing position will be cashed out and you will take as a loss the total loss at that time. Since the market can change very rapidly, such as in a flash crash, this can result in your losing more money than you had in the first place. As this is essentially a loan you can be bankrupted by this. Overall using leverage to invest magnifies your potential profits but it also magnifies your potential losses. In many cases this magnification could be sufficient to lose you more money than you had originally invested. In addition to magnification you need to consider the cost of finance and that your return over the course of the loan needs to be higher than your cost of finance as well as inflation and other opportunity costs of capital. The S&P 500 is a relatively low volatility market in general so is unlikely to return losses in any given period that will mean that leverage of 1.25 times will take you into losses beyond your own capital investment but it is not impossible. The low level of risk automatically means that your returns are lower and so your cost of capital is likely to be a large proportion of your returns and your returns may not completely cover the cost of capital even when you are making money. The key thing if you are going to trade or invest on leverage is to understand the terms and costs of your leverage and discount them from any returns that you receive before declaring to yourself that you are profitable. It is even more important than usual to know how your positions are doing and whether you are covering your cost of capital when using leverage. It is also very important to know the terms of your leverage in detail, especially what will happen when and if your credit runs out for whatever reason be it the end of the financing period (the length of the loan) or your leverage ratio gets too high. You should also be aware of the costs of closing out the loan early should you need to do so and how to factor that into your investing decisions."}
{"_id": "317408", "title": "", "text": "\"This is common. He worked there for 2 years under this scheme, so I'm guessing he was cool with it. Lawsuits pop up when they get mad at management. (*\"\"I worked 70 hours a week for 2 years and they pass me up on the promotion? Hell no, lawsuit time.\"\"*)  These mutually beneficial arrangements are almost always agreed on by employer and employee. Employees need hours, employers do not want to pay overtime.\""}
{"_id": "317412", "title": "", "text": "The price of the stock is not really relevant, as your return is measured as a percentage, 6% return on a $100 stock is the same as a 6% return on a $1 stock, you just hold 100 times more shares at the lower price. I personally really like Eurosun Mining ESM, they are greatly undervalued and have the potential to double or triple in the very near term."}
{"_id": "317417", "title": "", "text": "\"\u201cNobody put me on this Earth to pay for everybody\u2019s health plan. I know that sounds like Scrooge or somebody. But this is the real world.\u201d\"\"  Things like this ring a bit hollow when for what the US already pays for Medicare, the NHS covers everyone.  Not only that, but corporate subsidies and military spending far outweigh medicine expenditures.  It seems like a simple easy and wrong answer that avoids even a hint of reality.\""}
{"_id": "317418", "title": "", "text": "\"Ahh yes, the old \"\"We can't hire the people we want because the American people demand they not be corrupt\"\" complaint. All of these rich people are the real victims here, for not being able to put their hands in every single cookie jar. So sad.\""}
{"_id": "317419", "title": "", "text": "I see you've marked an answer as accepted but I MUST tell you that STOPPING your 401k contribution all together is a bad idea. Your company match is 100% rate of return(or 50% depending on structure).  I don't care what market you look at, or how bad a loan you take out, you will not receive 100% rate of return, or be charged 100% interest. Further, taking out a loan against your 401k effectively does two things: It is a loan that must be repaid according to the terms of your 401k  AND in every 401k I've ever encountered, you cannot make contributions to the 401k until the loan is repaid. This in effect stops your contributions, and will almost certainly save you very little on your interest rates on your current loans. I have 4 potential solutions that may help achieve your goal without sacrificing your 401k match and transferring the debt from one lender to another, but they are conditional. Is your company match 100% up to 4% of your salary, or 50% of your contribution (up to a limit you have not yet reached)? This is important.  If it is 100% up to 4%, stop committing the additional 4% and use that to pay down your debt...and after ward set up that 4% as auto pay into an IRA, not into the 401k.  An IRA will make you more money because YOU have control over its management, not your employer. If it is 50% match, contribute until the match is met because you cannot get 50% rate of return anywhere, then take your additional monies and get an IRA.  As far as your debt, in this scenario simply suck it up and pay it as is.  You will lose far more than you gain by stopping your contributions. If you simply must reduce your expenses by 150$ month try refinancing the mortgage and rolling the 6500$ into it.  If you get a big enough drop in the interest rate you could still end up paying less. OR If you cannot make the gain there, try snowballing the three payments.  You do this by calling your student loan vendor and telling them you need to make much smaller payments, like even zero depending on the type of loan.  Then take ALL of the money you are currently spending on the 3 loans and put into the car payment.  When it's gone, roll the whole thing into the higher interest student loan, then finally roll it all into the last student loan.  You'll pay it off faster, and student loans have lots of laws and regulations regarding working with payers to keep them paying something without breaking them. WHATEVER YOU DO, DO NOT STOP YOUR CONTRIBUTIONS.  50% OR 100%, THAT MONEY IS GUARANTEED AT A HIGHER RATE OF RETURN THAN YOU CAN GET ANYWHERE, ESPECIALLY GUARANTEED."}
{"_id": "317429", "title": "", "text": "I apply what you term 'money' to the word 'commodity'. And I agree with littleadv, you are just selling us your perspective on (such things as) precious metals.  What I want you to think about is these truths: When used as currency gold just has two values: utility value and currency value. I hold it is better to separate the two.  There is not enough gold in the earth to represent the value in aggregate economies of the world. Trying to go back to the gold standard would only induce an unimaginable hyperinflation in gold.  Recent years shows that gold does not retain value. See the linked chart."}
{"_id": "317431", "title": "", "text": "They clearly learned that this was a bad move **and then backtracked**. If you reward them now, you positively reinforce their backtracking, and their thinking of consumers' needs. If you punish them now, you negatively reinforce these behaviours, making them less likely in the future.  Also, just because you didn't see a line item on your bill doesn't mean that you were not paying for this service. In fact, the people who use the service are being subsidized by other people who use cheaper-to-provide services, like paying via their bank. Should Verizon force some customers to give money to others because they won't use a cheaper method? This status quo is what is being reverted to."}
{"_id": "317434", "title": "", "text": "On most exchanges, if you place a limit order to sell at 94.64, you will be executed before the market can trade at a higher price. However most stocks in the US trade across several exchanges and your broker won't place your limit order on all exchanges (otherwise you could be executed several times). The likeliest reason for wht happened to you is that your order was not on the market where those transactions were executed. Reviewing the ticks, there were only 8 transactions above your limit, all at 1:28:24, for a total 1,864 shares and all on the NYSE ARCA exchange. If your order was on a different exchange (NYSE for example) you would not have been executed. If your broker uses a smart routing system they would not have had time to route your order to ARCA in time for execution because the market traded lower straight after. Volume at each price on that day:"}
{"_id": "317454", "title": "", "text": "\"You need a right hand. Call him or her the COO or VP of operations or Chief Dog Catcher. It doesn't matter. Your business depends on you outputting your core competency. You need someone you can trust to run the operational aspects of your business.   It's impossible to fill both roles and scale to any level.   Ninja edit: the other option is to offload some of the core competency to other employees, freeing you up to do what I affectionally call, \"\"CEO shit.\"\" This is what I chose to do in my business and it has been very effective.\""}
{"_id": "317455", "title": "", "text": "\"Washington Post's website is cancer. Shame on whoever decided that was a good way to run a website. Looks like a geocities website from the 90's complete with popup ads and anti adblock nonsense. But anyway.  I like how the article cites Bill Gross. He is the star of one of my favorite stories in recent financial history. In 2011, during the debt ceiling madness, the S&amp;P downgraded the US credit rating in an unprecedented move because they felt there was too much political turmoil for us to pay our debts on time. Bill Gross was the manager of Pimco's fixed income fund at the time, the largest bond fund in the world - I don't know how much, but probably hundreds of billions AUM? Gross was, and still is, one of the world's leading experts on FI securities. When the credit rating was cut, he predicted investors would flee from riskier US debt. He basically sold the entire fund's considerable holdings of US treasuries and fled to cash.    Then the market did something absolutely crazy: it bought *more* US debt after our debt rating was cut. Prices went UP and interest rates went DOWN. It was insane. I remember seeing Gross on MSNBC or whatever right after it happened and he basically said \"\"I'll be damned man, whodathunkit?\"\"    \u00af\\\\_(\u30c4 )_/\u00af  That's when I officially 100% lost faith in active fund management and went to index funds only. I've always felt that there is very high efficiency in securities these days due to the free flow of information and enormous processing power to analyze it. That being said, the flight to index funds will probably tilt the \"\"balance of power\"\" in the other direction, and increase inefficiency, which will produce lower hanging fruit, and then stock pickers start winning again. Maybe markets will reach a natural equilibrium; or maybe we'll just see the tide come in and out every few years or decades or so.\""}
{"_id": "317458", "title": "", "text": "\"Anyone who has \"\"Always\"\" instead of \"\"Only when using app\"\" set in their location privacy settings in iOS.  Have a look in your phone - you may have more set that way than you realize.  It makes sense for some apps - such as one of my home automation apps which uses my phone as a presence detector for geofencing.  But it doesn't make sense for other apps. Yet I think the default Apple applies when an app requests to know your location the first time, is \"\"Always\"\".\""}
{"_id": "317461", "title": "", "text": "I have the mortgage from Lender A. Can I get a HELOC from Lender B? Yes. Do banks pull my credit to approve a HELOC account? Yes. How is it reported to the credit bureaus and how does it affect my credit (Let's say my limit is $30k and I use all of $30k)?  It is reported as HELOC and the current balance. Similar to credit cards (in fact, some banks report it exactly as credit cards). Anything unique about it's tax deduction? Same as mortgage, except that the limit is $100K unless used for home improvement. Anything else to watch out for? LTV - Loan to Value. This is the ratio of your overall home value to the indebtedness secured by the home. Currently, your LTV is 93% (you have 7% equity). For HELOC, most banks require the LTV, including the HELOC, not to exceed 75%. So the chances you'll get a HELOC are pretty slim."}
{"_id": "317462", "title": "", "text": "Chicago has several neighborhoods going through that same gentrification cycle. There are several more city neighborhoods that will probably see that kind of rebuilding before Gary, many of which you pass through traveling between downtown and Gary. Transit between Chicago and Gary exists, but it's not as good as transit to other suburbs because of the lack of cooperation between Illinois and Indiana."}
{"_id": "317470", "title": "", "text": "Yup, people pretend like it is some huge conspiracy but gasoline won because the alternatives just weren't as safe/convenient/clean (in ways that people can immediately notice).  Even now, electric cars have the same issue, the range and convenience just aren't there yet.  Safety seems to be OK, but that might just be because there aren't a lot of them, yet (I honestly don't know)."}
{"_id": "317493", "title": "", "text": "I take the route of the tortoise.  I subscribe to the adage that you invest in an excellent index fund like VFINX and forget about day trading and trying to make short term gains. Just like I would do at a casino I do gamble a bit for fun.  Using etrade you can purchase some Vanguard or a billion of other things.  I purchased some Apple, Google, Verizon, and Ford (when it was at 1.3) and all of those have been good investments.  However, I don't invest the majority of my money in to individual stocks.  I just do this with some 'play' money. After maxing out 401k, etc. I put away my 6 months of safety net in a money mark and put the rest in Vanguard."}
{"_id": "317504", "title": "", "text": "You'd have to investigate, ask the right questions. I'd say that's a speculative bet since the electric companies would see that coming a mile away and would have a plan so that it didn't materially affect their business. I don't think it would affect securities or derivatives market significantly enough to bring certain profits. Once again I'm no expert though, it all depends on what your research uncovers and how confident you are in your prediction."}
{"_id": "317529", "title": "", "text": "\"My tax preparing agent is suggesting that since the stock brokers in   India does not have any US state ITINS, it becomes complicated to file   that income along with US taxes Why? Nothing to do with each other. You need to have ITIN (or, SSN more likely, since you're on H1b). What brokers have have nothing to do with you. You must report these gains on your US tax return, and beware of the PFIC rules when you do it. He says, I can file those taxes separately in India. You file Indian tax return in India, but it has nothing to do with the US. You'll have to deal with the tax treaty/foreign tax credits to co-ordinate. How complicated is it to include Indian capital gains along with US   taxes? \"\"How complicated\"\" is really irrelevant. But in any case - there's no difference between Indian capital gains and American capital gains, unless PFIC/Trusts/Mutual funds are involved. Then it becomes complicated, but being complicated is not enough to not report it. If PIFC/Trusts/Mutual funds aren't involved, you just report this on Schedule D as usual. Did anybody face similar situation More or less every American living abroad. Also the financial years are different in India and US Irrelevant.\""}
{"_id": "317533", "title": "", "text": "\"You are your own worst enemy when it comes to investing. You might think that you can handle a lot of risk but when the market plummets you don't know exactly how you'll react. Many people panic and sell at the worst possible time, and that kills their returns. Will that be you? It's impossible to tell until it happens. Don't just invest in stocks. Put some of your money in bonds. For example TIPS, which are inflation adjusted treasury bonds (very safe, and the return is tied to the rate of inflation).  That way, when the stock market falls, you'll have a back-stop and you'll be less likely to sell at the wrong time. A 50/50 stock/bond mix is probably reasonable. Some recommend your age in bonds, which for you means 20% or so. Personally I think 50/50 is better even at your young age. Invest in broad market indexes, such as the S&P 500. Steer clear of individual stocks except for maybe 5-10% of your total. Individual stocks carry the risk of going out of business, such as Enron. Follow Warren Buffet's two rules of investing:  a) Don't lose money b) See rule a). Ignore the \"\"investment porn\"\" that is all around you in the form of TV shows and ads. Don't chase hot companies, sectors or countries.  Try to estimate what you'll need for retirement (if that's what your investing for) and don't take more risk than you need to. Try to maintain a very simple portfolio that you'll be able to sleep well with. For example, check into the coffeehouse investor  Pay a visit to the Bogleheads Forum - you can ask for advice there and the advice will be excellent. Avoid investments with high fees. Get advice from a good fee-only investment advisor if needed. Don't forget to enjoy some of your money now as well. You might not make it to retirement. Read, read, read about investing and retirement. There are many excellent books out there, many of which you can pick up used (cheap) through amazon.com.\""}
{"_id": "317548", "title": "", "text": "What fact?  &gt;It's true that some Americans don't pay federal income tax. But virtually all Americans pay some form of tax, whether it's sales, payroll, state income, or property tax.   &gt;Over 60% of those who don't pay income tax are working; they pay payroll tax, which goes to support Social Security and Medicare. Another 22% of those who don't pay income tax are the elderly; most of them don't work.   &gt;In fact, only about 8% of Americans pay neither federal income tax nor payroll tax, because they are unemployed, are students, or are disabled.   &gt;What is missing from all this talk about tax is the fact that although the rich pay higher taxes than the poor, middle-class people actually pay a higher percentage of their income in total taxes. True, federal income tax rates are progressive, with rates going to 35% for the top earners. But deductions and special treatment of capital gains reduce actual tax rates for the top earners. So what we end up with is upper-middle-class taxpayers paying the highest actual percentage of their income, over 31%, according to a 2010 study by the group Citizens for Tax Justice.  http://www.cnn.com/2012/09/20/opinion/ghilarducci-mcgahey-romney/index.html"}
{"_id": "317552", "title": "", "text": "\"So I'm in Australia and we have our very own housing price/credit bubble right now (which is finally deflating) and I'll try explain it as I understand. I welcome anyone to chime in and correct me.  The problem we faced (still face to a large degree) is the idea of rising asset prices and how this fuels a feedback loop into increasing personal debt, all based on the false assumption that house prices always go up. Now before I continue, house prices *do* always go up in the long run, but so does the cost of everything and we call that inflation, adjusting for this effect usually reveals that house prices are cyclical in the long term and never really 'grow'. So that aside we in Australia recently saw a long period of increasing house prices (as did the USA and Europe, and more recently China), the thing about house price is it is your 'equity', I'll try and explain: (all figures are made up to provide a simple example) if you borrow $200,000 to buy a house that costs $250,000 you owe the bank 80% of the equity (what your home is 'worth', and notionally this is value that you own) in your home and the bank will be happy, remembering that they make money on your interest payments, not your principal repayments. If your house then increases in value to $300,000 but you still owe $200,000 then you now owe only 66% of your equity. The bank sees you as a lower risk and encourages you to borrow more to get back up to that sweet spot they had before of 80% - this is a nice tradeoff between risk and reward for the bank. You, the consumer, have just been mailed a new credit card with a 50k limit (hypothetical) and theres a new iMac being released next week, and you really did want to trade in your 5yr old car (see where this is going yet?). Not only is this type of spending given a mighty boost but consumers feel like this house thing has done them very well and suddenly they have the ability to borrow lots more money, why not get a second house and do it all over again? The added demand for investment housing drives prices, throw in some generous government incentives (here and in the USA) and demand is pushed hard, prices grow more and the whole thing feeds back into itself. People feel richer, spend more from their credit cards, buy another house, etc.  But what happens if your house 'value' then drops to $240k? The bank now sees you as a high risk, so do the bank's investors, you have negative equity, the bank demands the difference paid back to it or it might take your home. Somehow, nobody believed this would happen.  Hopefully you start to see the picture? In Australia we are now facing a slow melt in housing prices which has not yet hurt en masse but it has dried up the credit cards, retails spending has collapsed and everyone is worried about the future.  Now to realise where the USA got to you have to also understand that banks were not merely asking for a maximum of 80% owed on the asset, many of them let this figure go to 100%, since hey prices always go up, right? They then in some cases went further and neglected to look into your income and confirm you could even *repay* your loan. Sounds dodgey? This is just the setup.  Remember I mentioned the bank's investors? Well banks/smart people basically figured out a clever way of 'dealing with' the risk of a few outliers with bad financial situations by collecting large numbers of home loans into a single entity and selling it on. Loans were graded according to risk and I believe they were even cut up into smaller pieces (10% of your high risk loan assigned to 10 different 'debt objects' with different risk profiles). These 'collateralised debt obligations' were traded from one bank/investment firm to another with everyone happily accepting the risk profiles until eventually nobody knew what risk was where. Think about it like \"\"I'll throw 10 high risk loans, 50 medium risk loans and 40 low risk loans into a pot, stir it up and sell the soup as 'pretty safe' \"\". This all seemed like a very good idea until it gradually became clear just how much of these loans were in the 'extremely stupid high risk' category. This is probably extremely confusing by now, but thats the point, investors could no longer judge how risky an investment in a bank or financial institute was, the market did not correct for any of this until it was all too late.  The moral of the story is when people tell you an investment is guaranteed to make you money, you stay away from that investment. And to specifically answer your question you can't solely blame government incentives as you might be able to see, but they play a part in a giant orchestra, there are many factors that drive this sort of stupidity, stupidity being the primary one.\""}
{"_id": "317569", "title": "", "text": "Why do they have to endorse every check every time they want to   deposit it? They told you why. They said it was because it was made out to one person and there were   others on the account that could withdraw money from the acct., so   endorsing it acknowledged that the payee still wanted to deposit the   money, knowing others could take the $ out The reason they insist on it may have something to do with their responsibility in case of elder abuse. They are worried that you may be using your parents' money without their knowledge, and if it ends up being true and they didn't enforce the requirement - they may also be liable. I have a joint account with my spouse, and they do not let us deposit checks written to both of us unless we both endorse. This is similar, and stems from the same concern. So here's the unusual situation In case of a death of a joint account holder - the whole account is frozen until the estate is executed. You cannot deposit a check of a deceased person to such an account."}
{"_id": "317570", "title": "", "text": "I see a couple of ways of getting at this.  One would be to switch to a VAT.  That would capture a good amount of revenue on anything that's made here.  Second, I want IP to be taxed.  We pay property taxes, so I think that trademarks and copyrighted works should be taxed just like how real property is taxed.  You want to register the Burger King logo in the US?  Sure thing!  You will pay a percentage of its value every year and you get to use it exclusively with the full protection of the US courts your taxes help fund.  I also see this as a good way out of the IP cesspool we're currently in.  Copyright has become unreasonably long mostly because Disney doesn't want to lose the rights to Mickey Mouse.  Look, I *am* sympathetic to Disney's argument.  Mickey genuinely is important to them.  But Mickey is fucking things up for everyone else.  So I think Disney should pay a percentage of Mickey's value every year.  In exchange, they keep their copyright forever as long as they keep paying.  Now, if the copyright tax isn't paid, then the property becomes public domain forever.  This would let Disney have what they want while non-profitable copyrights become public domain, as they should.  Anyhow, the one thing all the big tax-avoiding companies have in common is IP.  If you tax their IP in exchange for protection in US courts, there's really no way around that.  They will either have to pay or let their IP go public domain."}
{"_id": "317619", "title": "", "text": "I have coworker who reported that he leased a Nissan Leaf from 2013-2016 and was offered $4000 off the contracted purchase price at the end of the lease due to a glut of other lessees turning in for a lease on the newest model with greater range.  It's not clear that this experience will be repeated by others three years from now, but there is enough uncertainty in the future electric car market that it's quite possible to have faster depreciation on a new vehicle than you might otherwise expect based on experience with conventional internal combustion powered vehicles. Leasing will remove that uncertainty. Purchasing a lease-return can also offer great value. I looked at the price for a lease return + a new battery with the extended range, and it was still significantly cheaper than buying a completely new vehicle."}
{"_id": "317642", "title": "", "text": "\"Gambling is never a wise investment. Even assuming that the stated odds are correct, there can be multiple winners, and the jackpot is shared between the winners, so the individual payout can be significantly less than the total jackpot. If I were to take a dollar from you and a dollar from your buddy on the promise that I'd give the two of you a total of $3 back if you both guessed the result of a single, fair coin toss, would you take the offer? Note, also, that the \"\"jackpot\"\" value is quite misleading: it's the sum of the annual payments, and if you reduce that to present value it's significantly less.\""}
{"_id": "317651", "title": "", "text": "When setting these up for my own bill payment, I was surprised, after the fact, to see that a couple I thought would be a mailed check were actually instant transfers, and for others, vice versa. On line banking typically asks you for the due date and they handle from there. If you need this detail before the payment, I'd ask the bank. Else, it's easy to see after the fact for a given payee."}
{"_id": "317654", "title": "", "text": "&gt; That's either a lie, or if true, then   It's **in the fucking article which you clearly did not fucking read**.    &gt; The Port Authority receives no tax money and funds itself through tolls, rents, surcharges on airline tickets and other fees.  I think we're done here."}
{"_id": "317662", "title": "", "text": "Of course, the situation for each student will vary widely so you'll have to dig deep on your own to know what is the best choice for your situation. Now that the disclaimer is out of the way, the best choice would be to use the Unsubsidized Stafford loan to finance graduate school if you need to resort to loans. The major benefits to the Unsubsidized Stafford are the following: You'll be forced to consider other loan types due to the Unsubsidized Stafford loan's established limits on how much you can borrow per year and in aggregate. The borrowing limits are also adjustable down by your institution. The PLUS loan is a fallback loan program designed to be your last resort. The program was created as a way for parents to borrow money for their college attending children when all other forms of financing have been exhausted. As a result you have the following major disadvantages to using the PLUS loan: You do have the bonus of being able to borrow up to 100% of your educational costs without any limits per year or in aggregate. The major benefit of keeping your loans in the Direct Loan program is predictability. Many private student loans are variable interest rate loans which can result in higher payments during the course of the loan. Private loans are also not eligible for government loan forgiveness programs, such as for working in a non-profit for 10 years."}
{"_id": "317666", "title": "", "text": "tl;dr: The CNN Money and Yahoo Finance charts are wildly inaccurate. The TD Ameritrade chart appears to be accurate and shows returns with reinvested dividends. Ignoring buggy data, CNN most likely shows reinvested dividends for quoted securities but not for the S&P 500 index. Yahoo most likely shows all returns without reinvested dividends. Thanks to a tip from Grade Eh Bacon, I was able to determine that TD Ameritrade reports returns with reinvested dividends (as it claims to do). Eyeballing the chart, it appears that S&P 500 grew by ~90% over the five year period the chart covers. Meanwhile, according to this S&P 500 return estimator, the five year return of S&P 500, with reinvested dividends, was 97.1% between July 2012 to July 2017 (vs. 78.4% raw returns). I have no idea what numbers CNN Money is working from, because it claims S&P 500 only grew about 35% over the last five years, which is less than half of the raw return. Ditto for Yahoo, which claims 45% growth. Even stranger still, the CNN chart for VFINX (an S&P 500 index fund) clearly shows the correct market growth (without reinvesting dividends from the S&P 500 index), so whatever problem exists is inconsistent:  Yahoo also agrees with itself for VFINX, but comes in a bit low even if your assume no reinvestment of dividends (68% vs. 78% expected); I'm not sure if it's ever right.  By way of comparison, TD's chart for VFINX seems to be consistent with its ABALX chart and with reality:  As a final sanity check, I pulled historical ^GSPC prices from Yahoo Finance. It closed at $1406.58 on 27 Aug 2012 and $2477.55 on 28 Aug 2017, or 76.1% growth overall. That agrees with TD and the return calculator above, and disagrees with CNN Money (on ABALX). Worse, Yahoo's own charts (both ABALX and VFINX) disagree with Yahoo's own historical data."}
{"_id": "317667", "title": "", "text": "Sure thing -  Treasuries Bonds/Bills are what the US Gov uses to borrow. However it's slightly different than taking out a loan. It's basically an agreement to give (repay) a set sum of money at a certain time in the future in exchange for a sum of funding that's determined by market forces (supply &amp; demand). The difference between today's price and the payment in the future is the interest.   For example (completely made up numbers):  - Today is 08/05/2017 - The government issues a bond that say it will pay who ever owns this bond $105 on 08/05/**2018** - The market decides that $105 from the US government paid a year from now is worth $100 today.   In other words the US Government is borrowing for one year at a rate of 5%       (105 - 100) / 100 = .05 = 5%  Now consider Saudi Arabia's petroleum company, Aramco.  Because petroleum is traded in dollars, when Aramco makes a sale, its paid in USD. Some of that is going to be reinvested into the company, some paid out in dividends to share holders but inevitably some of that will be saved someplace where it can make interest. Because treasuries are traded/issued in dollars and because Aramco's businesses deals primarily in dollars, treasuries are the natural place to store that savings, especially because the market considers them extremely safe.   If they exchange the USD into the Saudi currency to store the money in Saudi assets, Aramco is subject to  *exchange rate risk*. If the riyal depreciates relative to the dollar, Aramco will lose wealth on the exchange back to dollars when they go to move those funds back into their business. It's in their interest to deal with assets denominated in USD (i.e. T-Bonds) in order to avoid this.  So now because the Saudis want T-Bonds as well, the additional demand pushes the market price of our bond from $100 to $102. And the effective one year borrowing rate for the Government goes from 5% to 2.9%.      (105 - 102)/102 = .029411 = 2.9%  And there you have it, cheaper borrowing. It's also worth noting how this encourages business around the world to deal in dollars which are directly controlled by the federal reserve. This makes the US's position extremely powerful."}
{"_id": "317668", "title": "", "text": "Eh I look back now and realize the difference you are speaking of has to do with the state level rather than the federal level.  I was think the federal budget still continues to grow.  The issue is state budgets did shrink at least by about 200 billion.    He's not really using a theory.  He's using data on how government spending increased this current GDP forecast.  It is written in the statistics of the second paragraph."}
{"_id": "317685", "title": "", "text": "For some reason I really see people being more comfortable going the way of [harrison bergeron](http://www.tnellen.com/cybereng/harrison.html).  While I'm for the abilty to enhance people, sadly I feel it'd become a much more desisive way to divide the population of haves and have-nots. You can try to sugar coat it as much as you want saying it won't happen.  Company A patents Process A. Company B patents Process B and does something like Process A. Company A sues Company B and wins. Company B's product now raises in cost due to royalty payments. Both companies feel the need to keep massive war chests of money to fight over stupid shit while people suffer. Think Software Patents only in your body.  Yeah, I'd love to have some enhancements. But I don't think businesses are the ones that should develop them. WELL WHO SHOULD THEN! I don't know..."}
{"_id": "317704", "title": "", "text": "There's no point in making a scene.  I would just left.  Either this was a fluke and that a bad employee or something common.  The fact they are still in business says it was fluke and/or they got rid of the bad employee."}
{"_id": "317711", "title": "", "text": "This really comes down to tax structuring (which I am not an expert on), for public companies the acquiror almost always pays for the cash to prevent any taxable drawdown of overseas accounts, dividend taxes suck, etc.  For a private company, first the debt gets swept, then special dividend out - dividends received by the selling corporate entity benefit from a tax credit plus it reduces the selling price of the equity, reducing capital gains taxes."}
{"_id": "317722", "title": "", "text": "Fully refurbished to factory standards. The Alcatel 2021I Dual Stage Rotary Vane Pump is coupled with a NW25 Inlet Flange and NW25 Outlet Flange. This Alcatel Rotary Vane Pump has a peak pumping velocity of 14.6 CFM and a final pressure of 1 x 10-3 Torr. It has been thoroughly examined and is ready for broad range of applications within the research and industrial industries."}
{"_id": "317725", "title": "", "text": "They are advertising the echo so people will start ordering their groceries (and everything else on amazon) via the echo. They aren't adding a best buy into whole foods. Just showing people the future is here. Order your groceries with your voice while you head is in the refrigerator looking for things you need."}
{"_id": "317743", "title": "", "text": "\"We also have a \"\"minimum daily balance\"\" account that requires a decent balance, but I'd much prefer to have my money elsewhere, growing little to any interest, versus sitting around collecting dust. Ours is a daily average, so you could have a lots in there for a few days to help make up the days when you're under.\""}
{"_id": "317752", "title": "", "text": "I have always thought that Netflix should go the Amazon route. Amazon has been opening up bookstores in Seattle, San Diego, Boston and other cities over the last couple of years?   Recently, retailers (fashion and the like) have been keeping their brick and mortar stores as essentially giant billboards for their online store - a migration from physical to virtual. And with Amazon, we have officially crossed over to a time in which an entirely online retailer is establishing physical locations.   I'm not saying that business has changed its mind about e-commerce or anything.  Rather, it's proof that no vendor, not even Amazon, can do without an [omnichannel](http://www.visualnext.com/business/what-is-omni-channel-and-what-are-the-benefits/) approach to commerce and marketing.   **TLDR: Forget passwords, Netflix should definately set up Blockbuster-like stores.**"}
{"_id": "317767", "title": "", "text": "The Food and Drug Administration is urging food distributors, retailers and food service vendors to remove from the market oysters, clams, mussels and scallops imported from South Korea because of possible contamination with human waste and norovirus.  The decision follows an FDA evaluation that determined that the Korean Shellfish Sanitation program no longer meets adequate sanitation controls. The federal agency is in discussions with South Korean authorities to resolve the issue.  An FDA spokesman, Curtis Allen, said Thursday the decision to call for the removal of the mollusks from the market began with norovirus outbreaks in November and December.  Curtis said no illnesses from eating the shellfish have been reported this year. Four norovirus illnesses, including three in Washington state, were reported in 2011. Norovirus causes vomiting or diarrhea.  (Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)"}
{"_id": "317768", "title": "", "text": "Yes you are right. The cannibalisation comment was for opening up every pricing point.  The article is quite specific to app pricing published by an individual. It doesn't apply to say a food product or a durable being brought to the market.  A thing on the last comment. Wondows may sell three versions but the distinction is there and clear. A light version, a regular version and an enterprise version. They are labelled pretty much the same as Home, Professional and Enterprise. Good marketing or names to distinguish between the products. Different needs for different products. An app is priced much less and uses can be trivial (yet invovled)."}
{"_id": "317781", "title": "", "text": "Wells' auto portfolio is 4% of their asset base Wells' auto portfolio yields around 5.5% Wells' auto portfolio is about 15% of their consumer services Wells' auto portfolio is likely around 8% of their net income  After digging into it, I underestimated how much wells Fargo was exposed to the consumer side. You are right - definitely not something to sneeze at, even if I doubt the $800 million hit for damages will by any means cripple the stock to the tune of 15%  Leaving both comments up as a reminder to myself to do more research."}
{"_id": "317788", "title": "", "text": "Two verities are changing: Atos, a French IT company, is phasing out email. In the U.S., Verizon Wireless is partnering with three cable operators. If these trends continue, the telework and corporate communications worlds quickly will look different."}
{"_id": "317803", "title": "", "text": "\"Maria, there are a few questions I think you must consider when considering this problem. Do fundamental or technical strategies provide meaningful information? Are the signals they produce actionable? In my experience, and many quantitative traders will probably say similar things, technical analysis is unlikely to provide anything meaningful. Of course you may find phenomena when looking back on data and a particular indicator, but this is often after the fact. One cannot action-ably trade these observations. On the other hand, it does seem that fundamentals can play a crucial role in the overall (typically long run) dynamics of stock movement. Here are two examples, Technical: suppose we follow stock X and buy every time the price crosses above the 30 day moving average. There is one obvious issue with this strategy - why does this signal have significance? If the method is designed arbitrarily then the answer is that it does not have significance. Moreover, much of the research supports that stocks move close to a geometric brownian motion with jumps. This supports the implication that the system is meaningless - if the probability of up or down is always close to 50/50 then why would an average based on the price be predictive? Fundamental: Suppose we buy stocks with the best P/E ratios (defined by some cutoff). This makes sense from a logical perspective and may have some long run merit. However, there is always a chance that an internal blowup or some macro event creates a large loss.  A blended approach: for sake of balance perhaps we consider fundamentals as a good long-term indication of growth (what quants might call drift). We then restrict ourselves to equities in a particular index - say the S&P500. We compare the growth of these stocks vs. their P/E ratios and possibly do some regression. A natural strategy would be to sell those which have exceeded the expected return given the P/E ratio and buy those which have underperformed. Since all equities we are considering are in the same index, they are most likely somewhat correlated (especially when traded in baskets). If we sell 10 equities that are deemed \"\"too high\"\" and buy 10 which are \"\"too low\"\" we will be taking a neutral position and betting on convergence of the spread to the market average growth. We have this constructed a hedged position using a fundamental metric (and some helpful statistics). This method can be categorized as a type of index arbitrage and is done (roughly) in a similar fashion. If you dig through some data (yahoo finance is great) over the past 5 years on just the S&P500 I'm sure you'll find plenty of signals (and perhaps profitable if you calibrate with specific numbers). Sorry for the long and rambling style but I wanted to hit a few key points and show a clever methods of using fundamentals.\""}
{"_id": "317808", "title": "", "text": "Almost every company I know of charges something like 2% per month on past due accounts.  They are not financial institutions, so it's probably quite legal."}
{"_id": "317812", "title": "", "text": "\"Hey, I hope I didnt come off as harsh on you.  I'm not sure how much I can help, but Id be glad to give you tips on getting you name in the door with the big companies, and other career-y advice.  If you haven't already though, please read this article on [negotiating from the perspective of an engineer](http://www.kalzumeus.com/2012/01/23/salary-negotiation/).  I don't think anyone truly enjoys negotiating, but with experience it becomes much easier and more natural.  See yourself as an asset - because you obviously are if they are offering their money to you!  And in reading your post - let me say this.  Never see your company as your friend.  Yeah, you might be friends with your boss and coworkers, you all might be in a softball league and hangout, but when it comes to the hours of 9-5, to someone somewhere in your chain of command you are a line item that costs them X amount of money and makes them X amount.  Don't forget that, and don't let yourself have \"\"feelings\"\" towards the company.  If the company isn't smart enough to hire a backup, even after you have advised them to do so, that is their doing and any repercussions are for them to take.  I'm not saying be unflexible, but if you ever, ***ever***, start to think about making or not making a major decision (such as not leaving a company) that is bad for your bottom line in exchange for helping out the company or due to \"\"feeling\"\" in some way towards the company, stop, forget your feelings, and do what logic alone tells you to do.  You and your company are not friends.  If the company can find someone cheaper to do your job, they will do so with no feelings towards you.  And the being solo part -- yeah, thats not a good way to go early in your career.  I've made it my objective to surround myself with people smarter than me who are willing to guide me, even at the cost of current financial gains, simply because as a young professional learning from others is one of the top priorities for me now.  Running solo - being shoved to a corner to do your work alone - is a huge no-no IMO.\""}
{"_id": "317843", "title": "", "text": "\"One thing I've noticed is the way he threw around the word \"\"society\"\" as in \"\"Buffett says it ought to be the responsibility of society to take care of them as they are retrained to re-enter the workforce.\"\"  Does that mean Government, or non-Governmental organizations, families, or just unorganized, neighborhood help?    'Society' is a nebulous word in this instance.\""}
{"_id": "317868", "title": "", "text": "**Sundance Resources: Accident**  On 19 June 2010, an airplane crash in the Republic of Congo killed many of the company's executives including the entire board of directors, consisting of the following people: Geoff Wedlock, Non Executive Chairman Don Lewis, Managing Director / Chief Executive Officer Ken Talbot, Non Executive Director Craig Oliver, Non Executive Director John Carr-Gregg, Company Secretary / General Manager Corporate Services John Jones, Non Executive Director Additionally, a further five people were killed in the accident: two pilots, a consultant for Sundance and a British and a French citizen. The company halted its African operations and ordered staff to help find the plane. Trading of its shares was also halted and Peter Canterbury was named acting chief executive. Former chairman George Jones said that the disappearance of the entire board would not spell the end for the company.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.26"}
{"_id": "317895", "title": "", "text": "Your strategy is well thought out. Others use it same as you, to fund an IRA in the prior tax year with that year's refund.  Gotcha? Forgetting to send in the money on time. Or not correctly identifying the tax year for the deposit.  I know st**f happens, but I'd try to not get such a large refund in the future, better the money be in your pocket/account than Uncle Sam's. But your question implied an unusual event, so this advice may be moot.  Per Brick's comment below - be sure your MAGI isn't above the level where you can deduct the IRA deposit. That would create an odd situation, but since you are doing the return first, it's a matter of just confirming this on the return."}
{"_id": "317900", "title": "", "text": "Your list seems fairly complete.  Try tracking a few months of actual expenses.  You could do this with an Excel Spreadsheet.   Personally, I pay for most things electronically and/or with a credit card (which I pay off in full every month).  I use Mint.com to catalogue my transactions and get an instant snapshot of where I've been spending my money."}
{"_id": "317902", "title": "", "text": "\"A primary residence can be an admirable investment/retirement vehicle for a number of reasons. The tax savings on the mortgage are negligible compared to these.  A $200,000 mortgage might result in a $2000 annual savings on your taxes -- but a $350,000 house might easily appreciate $20,000 (tax free!) in a good year. Some reasons to not buy a larger house. Getting into or out of a house is tremendously expensive and inconvenient.  It can make some life-changes (including retirement) more difficult. There is no way to \"\"diversify\"\" a primary residence.  You have one investment and you are a hostage to its fortunes.  The shopping center down the street goes defunct and its ruins becomes a magnet for criminals and derelicts?  Your next-door neighbor is a lunatic or a pyromaniac?  A big hurricane hits your county?  Ha-ha, now you're screwed.  As they say in the Army, BOHICA: bend over, here it comes again. Even if nothing bad happens, you are paying to \"\"enjoy\"\" a bigger house whether you enjoy it or not.  Eating spaghetti from paper plates, sitting on the floor of your enormous, empty dining room, may be romantic when you're 27.  When you're 57, it may be considerably less fun. Speaking for myself, both my salary and my investment income have varied wildly, and often discouragingly, over my life, but my habit of buying and renovating dilapidated homes in chic neighborhoods has brought me six figures a year, year after year after year. tl;dr the mortgage-interest deduction is the smallest of many reasons to invest in residential real-estate, but there are good reasons not to.\""}
{"_id": "317913", "title": "", "text": "What percentage of your savings is the full car payment?  If it's a significant chunk, then I'd finance some of the cost of the car in order to maintain liquidity."}
{"_id": "317934", "title": "", "text": "By handicap - I believe we should have a very simple safety net bimonthly check to help their guardians pay for their housing/food/healthcare. We should aim for this to be as small as possible while still covering everything and have the majority of pay be from charity.  Lack of skills - nothing. They need to learn skills to survive just like everyone else. If you steal from the skillful to give to them there will be no incentive to learn skills and we will have less productive people in the country which leads to more poverty and lower standard of livings. It's also not moral to steal from one able person to give to another."}
{"_id": "317945", "title": "", "text": "\"Whether or not you choose to buy is a complicated question.  I will answer as \"\"what you should consider/think about\"\" as I don't think \"\"What should I do\"\" is on topic. First off, renting tends to look expensive compared to mortgages until you factor in the other costs that are included in your rent. Property taxes.  These are a few grand a year even in the worst areas, and tend to be more.  Find out what the taxes are ahead of time.  Even though you can often deduct them (and your interest), you're giving up your standard deduction to do so - and with the low interest regime currently, unless your taxes are high you may not end up being better off deducting them. Home insurance. This depends on home and area, but is at least hundreds of dollars per year, and could easily run a thousand.  So another hundred a month on your bill (and it's more than renter's insurance by quite a lot). Upkeep costs for the property.  You've got a lot of up-front costs (buy a lawnmower, etc. types of things) plus a lot of ongoing costs (general repair, plumbing breaks, electrical breaks, whatnot).   Sales commission, as Scott notes in comments.  When you sell, you're paying about 6% commission; so you won't be above water, if housing prices stay flat, until you've paid off 6% of your loan value (plus closing costs, another couple of percent).  You hit the 90% point on a 15 year about year 2, but on a 30 year you don't hit it until about year 5, so you might not be above water when you want to sell. Risk of decrease in value. Whenever you buy property, you take on the risk of losing value as well as the potential of gaining value.  Don't assume that because prices are going up they will continue to; remember that a lot of investors are well aware of possible profits from rising prices and will be buying (and driving prices up) themselves.  2008 was a shock to a lot of people, even in areas where it seemed like prices should've still gone up; you never know what's going to happen.  If you buy a house for 20% or so down, you have a bit of a safety net (if it drops 10-20% in value, you're still above water, though you do of course lose money), while if you buy it for 0% down and it drops 20% in value, you won't be able to sell (at all) for years. All that together means you should really take a hard look at the costs and benefits, make a realistic calculation including all actual costs, and then make a decision. I would not buy simply because it seems like a good idea to not pay rent.  If you're unable to make any down payment, then you're also unable to deal with the risks in home ownership - not just decrease in value, but when your pipe bursts and ruins your basement, or when the roof needs a replacement because a tree falls on it.  Yes, home insurance helps, but not always, and the deductible will still get you. Just to have some numbers: For my area, we pay about $8000 a year in property taxes on a $280k house ($200k mortgage), $1k a year in home insurance, so our escrow payment is about $750 a month.  A 15 year for $200k is about $1400 a month, so $2200 or so total cost.  We do live in a high property tax area, so someone in lower tax regimes would pay less - say 1800-1900 - but not that cheap.  A 30 year would save you 500 or so a month, but you're still not all that much lower than rent.\""}
{"_id": "317965", "title": "", "text": "Can someone explain to me the whole electric car thing? I mean how can they be green, batteries and short life cycle surely thats not environmentally sound long term. Added to that green energy is hardly common so really its just moving the source of the pollution no?  Obviously oil is unsustainable but does electric really make logistical sense?"}
{"_id": "317975", "title": "", "text": "Yes. You can request for additional loan and it would be given as cash. You are free to do whatever you like with it. This does not mean Bank will automatically grant you loan. They would ask you purpose, check your ability to make additional repayments, verify if the property has actually appreciated before deciding. Note this is not savings. This makes sense only if you can generate returns greater than the cost of loan."}
{"_id": "317976", "title": "", "text": "This is the thing, with EU and North America thinking sanctions on Russia are good, for the short-run they will work but Iran has been steadily making allies on their home turf, the $400 billion deal with China, now Iran and I wouldn't be surprised if they have one in the works with India. These countries don't care about sanctions, they have an economic/population crisis and they need to focus on that hence all these deals pulling through."}
{"_id": "317990", "title": "", "text": "Convenient you leave out Medicaid which is primarily paid for by tax dollars and debt. The 2018 deficit is $440 billion with the fiscal year ending at the end of the month.  There are exactly zero companies making $1 trillion after taxes. Apple is the most profitable company in the US and they only brought in $222.8 billion in revenue. That's BEFORE taxes."}
{"_id": "318005", "title": "", "text": "We Are Leading Landscape Design Consultancy In Mumbai.  The directors and staff of Designer Artz to provide a specialist design consultancy and project management service for clients with grounds or gardens both large and small.  Whatever your requirements, Designer Artz &amp; Co strive to exceed expectations. We specialise in creating bespoke garden designs and landscapes and have built our reputation by providing a high level of customer service and aftercare  We specialises in landscape and urban design, assessment work, restoration of heritage parks and urban environments, the water environment, leisure and tourism attractions and landscape planning matters. We have been identified in leading the way with the use of Autodesk Revit and Civils 3D bringing our BIM capabilities up to speed and allows us to work integrated within multi-disciplinary teams and contractors.  For More Details About Landscape Designing Visit At Our Office Or Call us +91 9820 050 673 / 022-289-211-24"}
{"_id": "318008", "title": "", "text": "From Seattle. So a local minimum wage law is not pushing out as many jobs as naysayers projected.  Not that surprising, really. The switch to capital takes time, so data within the first year or two isn't going to show you much."}
{"_id": "318028", "title": "", "text": "\"**Here's a sneak peek of /r/Shaneisms using the [top posts](https://np.reddit.com/r/Shaneisms/top/?sort=top&amp;t=year) of the year!**  \\#1: [Shane, the aisles labeled Mexican and Asian are for different kinds of food, not an attempt to segregate our customers. Please stop telling customers to get into their aisles. -Management.](https://np.reddit.com/r/Shaneisms/comments/6jgm74/shane_the_aisles_labeled_mexican_and_asian_are/)   \\#2: [Shane, please only print customer orders in the POS system, not 90s Nick theme song lyrics](https://i.imgur.com/nWVdbn3.jpg) | [0 comments](https://np.reddit.com/r/Shaneisms/comments/4zn6mq/shane_please_only_print_customer_orders_in_the/)   \\#3: [Shane, stop writing \"\"blaze it\"\" on items that are $4.20 - Management](https://np.reddit.com/r/Shaneisms/comments/5o3qc4/shane_stop_writing_blaze_it_on_items_that_are_420/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)\""}
{"_id": "318034", "title": "", "text": "I guess I just don't know what I'm getting into... That's mostly what I'm after, something introductory and complete enough so I'll come out of it knowing where to head next.  I will honour your suggestions though, and dry doesn't put me off.  Thanks!"}
{"_id": "318045", "title": "", "text": "If the bank is calling your employer, the federal Fair Debt Collection Practices Act (FDCPA) limits where and when debt collectors can contact consumer debtors. In many cases, debt collectors that contact debtors at work are violating the FDCPA. http://www.nolo.com/legal-encyclopedia/a-debt-collector-calling-me-work-is-allowed.html"}
{"_id": "318055", "title": "", "text": "\"I don't know where you got the info from that I have no clue personally, I have been the victim of racist abuse throughout my life.  I also don't know who you are, I don't know when I called you a racist unless you yourself are Marc Faber (in which case you are a racist).  Finally, I don't care about being a \"\"bastion of kindness\"\".  The commenter I responded to just alleged that certain races make America worse. If he feels sad that I called him a racist idiot for saying that I couldn't really care less. If you feel sad for him too, sucking his dick might make the both of you feel better.  Just a few weeks ago a guy in a car threatened to run me over just over the colour of my skin. I was just coming back from college - I had no idea who the guy in the car was and I was crossing the road so if he wanted to he could have killed me and my mama could have come down to see her son's brains all over the road.  Nobody stood up for me over all these years and I've seen other races completely different from mine subject to worse, so fuck being a \"\"bastion of kindness\"\", when it comes to racists I'm a bastion of fuck you.\""}
{"_id": "318073", "title": "", "text": "If you look at a few facts you can quickly understand the boom in the 1980's. Housing is the biggest driver of our economy because it drives consumption. When people buy a house the spend money. Baby boomers delayed buying houses because of a decade long recession in the 1970's because of a high price for oil. Oil price dropped from $100 to $10 per barrel. Taxes were cut for everybody. Baby boomers went on a seven year housing binge. Did corporate tax cuts help, sure, were they the primary reason for the growth, not even close. If anything they gave businesses a taste for how much they could save by cutting taxes and set loose the lobbying to cut taxes leading to huge federal deficits and debt."}
{"_id": "318104", "title": "", "text": "\"No, it literally doesn't mean that. \"\"GMO\"\" is defined as being more specific. It's an imperfect acronym. That happens.   And no, I don't believe that there's any distinct issue with GMOs. I work in Organics, and I've lived in Berkeley. I've tried and tried to find a single legitimate reason to even be wary of GMOs, and it just isn't there. It's a technique (or a group of techniques). That's it.\""}
{"_id": "318106", "title": "", "text": "Exactly.  Or if you prefer, they were not acting *as* banks when doing so.  (Well, at least by the definition I gave, obviously.  If you prefer a different definition, you get a different answer.  Although I'm not sure there really is a useful definition of banking that would cover the behaviour you described.)"}
{"_id": "318108", "title": "", "text": "In general, deposits into an NRE account must be the proceeds of remittances from outside India. If you send your friend a cheque, denominated in Indian Rupees, drawn on your NRE account (which is an account held in a bank in India), that cheque will most likely be refused by your friend's bank for deposit into your friend's NRE account. Your friend could deposit it into an NRO account, though, but that deposit would likely draw the attention of the income tax people."}
{"_id": "318109", "title": "", "text": "The most significant capability that an investor must have is the knowledge on the way to look for the high dividend stocks. Through accumulating good information relating to towards the stocks that you are finding is the better way of getting the perfect and profitable investments. It is really important to learn what makes a particular stock better and superior compared to other.   Traders are essential to start a complete analysis and investigation before getting their money on any business projects. Obviously, investors certainly want to have an investment that could guarantee an effective expense for a very reasonable cost the moment of getting it. The chances of crucial to invest in a market that you might be aware and qualified about. So, creating a comparison and compare in one business to a different is totally essential so as to find the high dividend stock."}
{"_id": "318110", "title": "", "text": "For income tax, you can expect to pay (see here for the rates): For class 4 NICs, it should be (see here for the rates): So expected take-home is \u00a336667. You can avoid the income tax - but not the NICs - by putting money into a pension. For example you might put \u00a37525 in to eliminate the entire 40% part of the bill, which would only cost you \u00a34515 from your take-home pay because it would reduce the tax bill by the \u00a33010."}
{"_id": "318111", "title": "", "text": "This is how a consulting engagement in India works. If you are registered for Service Tax and have a service tax number, no tax is deducted at source and you have to pay 12.36% to service tax department during filing (once a quarter). If you do not have Service tax number i.e. not registered for service tax, the company is liable to deduct 10% at source and give the same to Income Tax Dept. and give you a Form-16 at the end of the financial year. If you fall in 10% tax bracket, no further tax liability, if you are in 30%, 20% more needs to be paid to Income Tax Dept.(calculate for 20% tax bracket). The tax slabs given above are fine. If you fail to pay the remainder tax (if applicable) Income Tax Dept. will send you a demand notice, politely asking you to pay at the end of the FY. I would suggest you talk to a CA, as there are implications of advance tax (on your consulting income) to be paid once a quarter."}
{"_id": "318124", "title": "", "text": "Bonus: Contribute to (or start!) your IRA for 2010.  This doesn't have to be done have to be done by the end of the year; you can make your 2011 contribution in 2010, before you file your tax return (by Apr. 15 at the latest, even if you get an extension.)"}
{"_id": "318132", "title": "", "text": "The banks don't have to pay for credit card rewards. The merchants end up footing the bill. The merchants that accept credit cards pay from 2-4% in fees on the credit card purchase. Those fees go to support the rewards programs. The merchants also take on most of the risk during a credit card transaction (although the credit card companies would have you believe otherwise).  If a thief uses a stolen card to purchase a camera from Mike's Camera Shop for instance, any funds the merchant received will be taken away from the merchant. In addition, the merchant will be hit with a chargeback fee (usually around $20-$60). Finally, since the card was stolen, the merchant will never get their merchandise returned, so Mike's Camera is out the camera as well. No camera, no funds, and a $60 fee to boot. The credit card issuers make $60 on the chargeback fees and have no liability."}
{"_id": "318140", "title": "", "text": "Yes, it is unreasonable and unsustainable. We all want returns in excess of 15% but even the best and richest investors do not sustain those kinds of returns. You should not invest more than a fraction of your net worth in individual stocks in any case. You should diversify using index funds or ETFs."}
{"_id": "318142", "title": "", "text": "When you are being interested in drones, and you don\u2019t know from where to begin, you should start reading about it from I Choose Drone. You will find the requisite information there, which will help you to identify the right model of the drone that is ideal for you and serve your purposes."}
{"_id": "318148", "title": "", "text": "Most people will never need to pay federal gift taxes. The federal gift taxes start after giving away 5.34 million over the course of your life. This number is adjusted annually for inflation. There are only two states that I know of which impose state gift taxes (Connecticut and Minnesota); in Connecticut, you need to start paying taxes if the lifetime value of your gifts exceed two million. In Minnesota, it starts at 1 million.  The federal tax is paid for by the person making the gift, unless other arrangements are made. There is an annual exclusion amount of approximately $14,000. You can give up to this amount to any number of recipients and it is not considered taxable. Therefore, when you give $100 to someone, it is not a taxable event.  If you do make a gift to an individual in excess of 14k, you'll need to file a gift tax return (IRS Form 709). When you file form 709, you won't need to pay taxes until the 5.34 million is exceeded. Instead, you can claim an exemption. Since most people don't exceed that amount, its rare to ever pay taxes even when exceeding the annual exclusion amount. The annual exclusion amount is adjusted each year for inflation."}
{"_id": "318155", "title": "", "text": "The 70B would be their regulatory &amp; class action liabilities and penalties. Sometimes it depends on the size of the company or the breach, other times it will be fixed fines and assessed fines based on a framework/standard.  Firstly they will pay a smaller amount because of their insurance retention/deductible, then insurance will pay they amount they are covered for, then Equifax will be liable for the remainder. It will decimate their bottom line I imagine.  Edit: the biggest cyber insurance stack I know of is $500M and I don't think Equifax took part in that"}
{"_id": "318160", "title": "", "text": "\"When heavy trucks are charged more to use the national highway system, does it strike you as an incorrect application of pricing power?  When an industrial company consumes large amounts of electricity and demands consistent power delivery and is charged more, do you see utility providers taking any advantage?  This is far more of an economics question than a political one.  You have supply (bandwidth), and demand for that bandwidth.  In traditional economics, the intersection of supply and demand curves generates \"\"price.\"\"  Here, we have limited supply of bandwidth, and given the free to deliver business models of many pro-net neutrality supporters, essentially \"\"unlimited\"\" demand.  Yet we are saying that we cannot use price to regulate any of this.  We know what happens when you do not use price to regulate supply or demand.  Either too little supply is provided, or too much demand is generated.    You see this in single payer systems healthcare.  There is no price, but supply of healthcare is limited (some call it \"\"rationing\"\").   You see it in private insurance, even when there is price:  You get limited supply at a given price.  Pay more, and you get more supply.  In tech, when you cannot change price, you again limit supply (\"\"throttling\"\").    If you do not allow the price mechanism, then you have to be prepared to accept supply limitations (throttling).  It simply cannot work any other way, unless we have some alternative theory of economics that we can apply.\""}
{"_id": "318183", "title": "", "text": "If you are in it for the long run and are not worried about intra day fluctuations and buying within + or - 1% you would be better off going for a market order as this will make sure you buy it on the day.  If you use limit orders you risk missing out on the order if prices gap and start rising in the morning. Another option is to employ stop buy trigger orders (if offered by your broker). So you would have to sum up and decide which type of order would suit your strategy the best. Are you looking to buy the security because you are looking for long term growth and gains, or are you after getting the best price possible to help your short term gains?"}
{"_id": "318185", "title": "", "text": "You have no guarantees. The stock may last have traded at $100 (so, the market price is $100), but is currently in free-fall and nobody else will be willing to buy it for any more than $80. Or heck, maybe nobody will be willing to buy it at all, at any price. Or maybe trading on this stock will be halted. Remember, the market price is just what the stock last traded at. If you put in a 'market order', you are ordering your broker to sell at the best available current price. Assuming someone's willing to buy your stock, that means you'll sell it. But if it last traded at $100, this doesn't guarantee you'll sell at anything close to that."}
{"_id": "318191", "title": "", "text": "No, it means that each year (Annual Payment Rate) you are accruing interest at 29.8%. If your principal is $10,000, that means you are gaining $3,000 of debt per year in addition to this, excluding payments you make/interest on interest."}
{"_id": "318201", "title": "", "text": "Can you deduct interest paid to your father on your personal income taxes? Interest paid on passive investments can be deducted from the amount earned by that investment as an investment expense as long as the amount earned is greater than the total paid for the interest expense. Also beware if the amount of interest paid is greater than the yearly gift tax exclusion, as the IRS might interpret this as a creative way of giving gifts to your father without paying gift tax. Do you pay taxes on the interest you pay?  No, because is an expense, not income, you would not count interest paid to him as taxable income. Does your father owe taxes on the interest he collects from you? Yes, that is income to him. And the last question you didn't ask, but I expect it is implied: Do you owe taxes on the quarterly profits? Yes, that is income to you.   The Forbes article How To Arrange A Loan Between Family Members is a bit dated, but still a good source of information. You really should write a formal note (signed by both you and your father) indicating the amount borrowed, the interest rate you are paying on that amount, and when the loan will be repaid. If your father has set the interest rate too low, this could also be considered a gift to you, though we would really be talking about large amounts of money to hit the gift tax limit on interest alone."}
{"_id": "318237", "title": "", "text": "Yeah but she doesn't have a really cool logo she made in 15 minutes to put on overpriced T-shirts. Let's not forget the lack of business cards that say CEO/President on them. To top it off she's not even bragging about it herself on Reddit and someone else (a customer may be?) is doing it for her. Such an amateur."}
{"_id": "318239", "title": "", "text": "Another one to alert consumers:  [RFID Credit Cards Are Easy Prey for Hackers](http://www.pcworld.com/businesscenter/article/249138/rfid_credit_cards_are_easy_prey_for_hackers_demo_shows.html)  If you have a paypass capable card, then you have a RF chip in it. All it takes is someone to walk around with a RF reader  to pull your credit card info and then use it. ($350 in equipment)"}
{"_id": "318241", "title": "", "text": "I read in a John Kenneth Galbraith book that every time they loosen banking rules, the bankers steal.  Shortly after I read that, Ronald Reagan loosened banker regs and bankers stole and we learned what the oldsters learned.   Now we have to learn this AGAIN....."}
{"_id": "318242", "title": "", "text": "mb's answer for FSA was dead on. You also mention child care - The child care credit comes with a phaseout based on income, the Dependent care account alows you to set aside up to $5K pretax money to covers these costs. It's pre-FICA and medicare as well, so the savings can be 33% pretty easily."}
{"_id": "318260", "title": "", "text": "\"Besides money and time lost, it is pretty clear that most tax advisors   are not well versed in non-resident taxes. It seems that their main clients are either US residents or H1B   workers (who are required to file as residents). I share your pain on this one. In fact, even for H1B/green card holders or Americans with income/property abroad vast majority of advisers will make mistakes (which may become quite costly). IRS licensing exams for EA/RTRP do not include a single question on non-resident taxation or potential issues, let alone handling treaties. Same goes for the AICPA unified CPA exam (the REG portion of which, in part, deals with taxes). I'm familiar with the recent versions of both exams and I am very disappointed and frustrated by that lack of knowledge requirement in such a crucial area (I am not a licensed tax preparer now though). That said, the issue is very complicated. I went through several advisers until I found the one I can trust to know her stuff, and while at it happened to learn quite a lot about the US tax code (which doesn't make me sleep any better by the least). It is my understanding that preparing a US tax return for a foreign person without a mistake is impossible, but the question is how big is the mistake you're going to make. I had returns prepared by solo working advisers where I found mistakes as ridiculous as arithmetic calculation errors (fired after two seasons), and by big-4 firms where I found mistakes that cost me quite a lot (although by the time I figured that they cost me significant amounts, it was too late to sue or change; fired after 2 seasons as well). As you can see, it is relevant to me as well, and I do not do my own tax returns. I usually ask for the conservative interpretations from my adviser, IRS is very aggressive on enforcement and the penalties, especially on foreigners are draconian (I do not know if it ever went through a judicial review, as I believe some of these penalties are unconstitutional under the 8th amendment, but that's my personal opinion). Bottom line - its hard to find a decent tax adviser, and that's why the good ones are expensive. You get what you pay for. How do I go about locating a CPA/EA who is well versed in non-resident   taxes located in the Los Angeles area (Orange County area is not too   far away either) These professionals are usually active in large metropolitan areas with a lot of foreigners. You should be able to find decent professionals in LA/OC, SF Bay, Seattle, New York, Boston, and other cities and metropolises attracting foreigners. Also, look for those working in the area of a major university.  Specific points: If I find none, can I work with a quaified person who lives in a   different state and have him file my taxes on my behalf   (electronically or via scans going back and forth) Yes. But that person my have a problem representing you in California (in case you're audited), unless he's an EA (licensed by the Federal government, can practice everywhere) or is licensed as a CPA or Attorney by the State of California. Is there a central registry of such quaified people I can view   (preferably with reviews) - akin to \"\"yellow pages\"\" IRS is planning on opening one some time this year, but until then - not really. There are some commercial sites claiming to have that, but they're using the FOIA access to the IRS and states' listings, and may not have updated information. They definitely don't have updated license statuses (or any license statuses) or language/experience information. Wouldn't trust them.\""}
{"_id": "318266", "title": "", "text": "It looks like businesses selling services (like software downloads) from outside the EU to the UK have to register for VAT if the amount of such sales goes over the UK VAT registration threshold: [If] the value of the taxable supplies you make is over a specified   threshold [then] you must register for VAT So it seems plausible that this business does have some requirement to charge VAT on its sales, but clearly it should have done so at the time of sale, not months later. As you say, UK and EU law require that prices are displayed including relevant taxes. Since this business is in the US, they might be able to claim that those rules don't apply to them. But I'm not aware of even US businesses being able to claim sales tax from a US customer months after originally making a sale, and it goes against all reasonable principles of law if they would be able to do it. So the business should really just accept that they screwed up and they'll now have to take the hit and pay the tax themselves. They can work as if the pre-tax price was $12.99/1.2 = $10.825, leaving $2.165 they need to hand over to HMRC. I don't think there's any legal way they can demand money from you now, and certainly for such a low sum of money there's no practical way they could. I can't find anything definitive one way or the other, but I suppose it's possible that HMRC would consider you the importer under these circumstances and so liable for the VAT yourself. But I don't know of any practial way to actually report this to HMRC or pay them the money, and again given the amount there's no realistic chance they'd want to chase you for it. In your shoes I would either ignore the email, or write back and politely tell them that they should have advertised the cost at the time and you're not willing to pay extra now. And you might want to keep an eye on the card you used to pay them to make sure they don't try to just charge it anyway. EDIT: as pointed out in a comment, the company behind this (or at least one with a very similar problem and wording in their emails!) did end up acknowledging that they can't actually do this and that they'll need to pay the tax out of the money they already collected, as I described above. It seems they didn't contact the people they originally emailed to let them know this, though. There's some more discussion here."}
{"_id": "318273", "title": "", "text": "(I've not read through all comments so please hold the criticism if this is covered already.) The problem here is that I know nothing about your market and neither do you. The most common issue with small businesses and managing advertising budgets is that specific thing. Recommendations here in the comments tend to focus on xyz that every other business under the sun does. Problem here is they cost money and you know nothing about your target market. So long story short think of stuff that costs little but will grabs a lot of attention. First thing print the following onto your truck' I got that b**ch a plunger. B**ches love bringing up old shit'. PM me if you want more."}
{"_id": "318277", "title": "", "text": "That is the rational behind not saving Lehman and the rational behind not saving anyone in the 20s resulting in the Great Depression. You are right in what you say, but there is a bigger picture. Letting banks go under is a great risk to financial stability. A better alternative would be to bail them out and overtake the ownership. But that too has implications."}
{"_id": "318294", "title": "", "text": "It's not about popularity.  The CEO position is quite demanding.  They usually have to manage many things.  Sure CEOs get terrible reputations because they make much more money than anyone else on the company, but the type of things they have to do and deal with aren't exactly simple.  The choices they make can literally make or break a company."}
{"_id": "318312", "title": "", "text": "Panama offers global businessman the chance to get residency, citizenship, and a Panama international ID by making ventures. This is known as the Panama self-monetary solvency visa. It offers three diverse speculation alternatives to meet all requirements for Panama residency. Kraemer &amp; Kraemer provide you the self solvency visa without hassle free at an affordable price. Some easy options require for each additional dependent that applies for residency, the primary applicant."}
{"_id": "318321", "title": "", "text": "My understanding is that losses are first deductible against any capital gains you may have, then against your regular income (up to $3,000 per year).  If you still have a loss after that, the loss may be carried over to offset capital gains or income in subsequent years As you suspect, a short term capital loss is deductible against short term capital gains and long term losses are deductible against long term gains.  So taking the loss now MIGHT be beneficial from a tax perspective.  I say MIGHT because there are a couple scenarios in which it either may not matter, or actually be detrimental: If you don't have any short term capital gains this year, but you have long term capital gains, you would have to use the short term loss to offset the long term gain before you could apply it to ordinary income.  So in that situation you lose out on the difference between the long term tax rate (15%) and your ordinary income rate (potentially higher). If you keep the stock, and sell it for a long term loss next year, but you only have short-term capital gains or no capital gains next year, then you may use the long term loss to offset your short-term gains (first) or your ordinary income.   Clear as mud? The whole mess is outlined in IRS Publication 550 Finally, if you still think the stock is good, but just want to take the tax loss, you can sell the stock now (to realize the loss) then re-buy it in 30 days.  This is called Tax Loss Harvesting.  The 30 day delay is an IRS requirement for being allowed to realize the loss."}
{"_id": "318338", "title": "", "text": "\"Assuming that the will that bequeathed the money to your son did not stipulate any restrictions or set up a trust to hold the money until your son turns 25, or something like that, I don't think you have much choice except to put the money in a UTMA account (which of course can be invested in whatever  the trustee (which could be you, or you and your wife jointly) decides.  Note: not a UGMA account since the money is not a gift. You also don't have any option except to turn the account over to your son when he turns eighteen. The point is, the investment can be in anything as long as the account is registered as a UTMA account.  But do remember also that your son is entitled to sue you for breach of fiduciary duty if you don't take good care of the money, so that blowing it all in risky investments is also not a good idea. If you are worried about taxes and your son's income being taxed at your rate, one way of deferring the issue is to buy US Savings Bonds. The interest can be deferred from taxation until the bonds are redeemed. Edit added in response to JoeTaxpayer's comments: But a better strategy is to declare the accrued interest each year as unearned income of the child on the kiddie tax form that is part of your tax return, and pay the tax, if any, that results To ease your mind or conscience, think of the tax that you pay on your child's behalf as a gift to your child! In any case, there will likely not be much tax due since the first $950 of unearned  income of a child is tax-free and the next $950 taxed at 10%. Then, when the bonds are cashed in, the interest that accrued (and was \"\"taxed\"\") in earlier years can be deducted  from the interest (cash in price minus purchase price) that you (or your son) will be told is the interest that the bonds earned. Of course, if kiddie tax is not a concern (and it shouldn't be, given the amount available for investment), an even better strategy is to set up the UTMA account(s) in long-term investments in low-cost index funds or ETFs (as JoeTaxpayer suggests) and pay the tax, if any, as it comes due.\""}
{"_id": "318347", "title": "", "text": "\"In most cases, startups are growth companies. That's because they are founded with an idea and a little money. Outside investors are paying for a piece of the founders' \"\"idea,\"\" and the hope that the idea will make a little money grow into a lot of money. There are exceptions. Startups in hard assets companies such as real estate and oil and gas are value investments. That is, they take \"\"ideas\"\" that are solidly proven, so you are getting a lot of \"\"house\"\" or oil drilling equipment for your money. Unlike the standard startup, you're not paying for the \"\"idea.\"\"\""}
{"_id": "318351", "title": "", "text": "It may be clear to you, but you have given your audience (us) no indication of why you think your boss dislikes you.  As to your question, why would you bring it up with your boss if he dislikes you, as you said? Unmerited dislike would be something to resolve through HR."}
{"_id": "318352", "title": "", "text": "Lol I moved out without my parents help at 18 I've been working full time since I was 13. I've never in my adult life been dependent on anyone. I think one day when you grow up you'll realize that the government does nothing but make you dependent on  them. The government doesn't do anything the private sector can't do it only does everything worse and less effectively. Maybe see a psychiatrist tho I've heard Stockholm syndrome never goes away on it's own."}
{"_id": "318359", "title": "", "text": "You say that like they won't hide money if we tax them more.  We had much higher tax rates from the New Deal to the 80's and that's when we saw the middle class grow.  Tax rates go down, money leaves the system, middle class goes away.  Automation is destroying more and more jobs and will continue to do so.   I'm all for lowering the corporate tax rate to attempt to encourage wage increases.  Somehow I doubt it will work.  Until it does.  Just gotta keep taxing the 0.1% since they have 80% of the wealth."}
{"_id": "318388", "title": "", "text": "According to the government website, the answer appears to be no in terms of personal income. However you may want to anyway to start creating RRSP contribution room as well as possibly qualify for GST/HST credit. If your business is registered you are going to be required to file a tax return for it (and if it is a sole proprietorship then you would be required to file a T1 regardless). When all is said and done, it seems that it's probably better to file rather than not file; even if you pay no income tax at least you are sure you won't receive a nasty letter from Revenue Canada in the future :)"}
{"_id": "318398", "title": "", "text": "New to Reddit (please forgive any struggles with propriety) and created this post because I could not find any relatively recent discussions on corporate social responsibility or created shared value. I'm passionate about advocating for an intuitively triple bottom line economic system where compassion is logically and holistically advantageous. Curious to know if anyone can provide sound arguments for why that vision will never come true or won't come true anytime soon. Basically, I want to have a real micro/macro critical discussion on CSR and CSV."}
{"_id": "318406", "title": "", "text": "none of which give a good return if the underlying economy is shit. the underlying economy will be shit if there hasn't been sufficient investment in more productive endeavors. if the underlying economy hasn't been sufficiently capitalized, that will present juicy returns to investors.   it's a complete substance-less threat that if we fail to continue to coddle the rentiers, the economy will collapse because they'll do X with their money (X being something other than maximizing return)"}
{"_id": "318411", "title": "", "text": "It depends what you mean by 'gain'. Over long period of times the market increases so using a blind monkey with a dart or index fund should be sufficient to get an average returns. The key difference is that changes in currency are close to zero sum game while money in equity or bonds is actually used for something (building a company etc.). If you mean 'get above average returns' then you will likely get answers depending on person. If you think that markets are efficient then you won't beat the market consistently - over long periods the returns are likely to be no better then average - because of large number of 'smart people' trying to beat each other (and even them are likely to have below-average returns). If you don't think so then it is possible to get above average consistently - as long as you know how to beat those 'smart people'."}
{"_id": "318441", "title": "", "text": "Can't be true.  I read r/economy and I know **real** inflation is 15%, **real** unemployment is 25%, we're in a double-dip recession, a second tsunami of mortgage foreclosure is coming, hundreds of cities are going to default on their bonds, and ...  And we're all going to die on the side of the road.  Alone.  In the rain.  Edit: [See](http://www.reddit.com/r/economy/comments/2dm13e/job_surge_suggests_higher_wages_are_coming/cjr00wh)?  And this guy is an optimist."}
{"_id": "318470", "title": "", "text": "The article in the OP talks about the Model S outselling competitors' luxury cars and even says they outsold three different manufacturers' cars *combined* in that category. Yet BMW sold 61,514 7-series cars alone last year. Tesla sold under 80,000 cars *in total* last year.   They must be picking a very specific luxury car from a series range to make those claims add up.    Tesla is a NICHE automaker. A better comparison would be to Lotus, Koenigsegg, etc.  They are simply and utterly dwarfed by any real OEM and that isn't going to change for at least a decade or more."}
{"_id": "318472", "title": "", "text": "\"You can certainly borrow from your parents, and they can take out a loan under their own names if you can persuade them to do so. That really is the best solution I can think of for a loan to a minor... assuming that your parents think the trip is important enough to justify the cost and commitment of taking out a loan at all. (If they don't, they wouldn't co-sign for a loan either.) Other than that... I think the simple answer is \"\"no\"\". You are probably going to have to find some other way to raise the money, or delay the trip. (Yes, theoretically there are things that can be done with them guaranteeing a loan on your behalf. But at your age, I don't know whether you would be considered legally competent to sign that agreement in most jurisdictions, and realistically it winds up being no less risky for your parents than the approach I suggested since they're still on the hook if you can't repay in time.)\""}
{"_id": "318473", "title": "", "text": "You can compare your salary increases to the CPI in your county to ensure your pay is at least keeping up with the increase in goods and services in your country. You can also compare your salary with the average wage growth in your country. But you also want to make sure that any savings or investments you may have are also keeping up with, or even better, beating CPI. This will make sure that your savings/ investments are growing in real terms."}
{"_id": "318474", "title": "", "text": "I can't speak to New Zealand law, but under US law, it's not a gift, so there is no tax. But there are some practical considerations. How good a relationship do you have with the banks on each end of the transfer? Transfers in the neighborhood of USD$10,000 are automatically considered suspicious and the banks are required to take extra steps to ensure you are not laundering the proceeds of criminal activity, funding terrorism, evading taxes, etc. You will have to fill out quite a bit of paperwork."}
{"_id": "318477", "title": "", "text": "You're still talking about taking loans from banks? As of September, 2011, [Viacom had a Billion. Dollars. **Cash.**](http://finance.yahoo.com/q/bs?s=VIA&amp;annual)   All of the operating expenses, marketing expenses, etc, are coming out of Viacom's coffers. Then they are doing fuzzy math to make sure anyone getting paid off of the *net* gets nothing. This has nothing to do with debt and everything to do with income."}
{"_id": "318478", "title": "", "text": "So, I play protoss and I was wondering, do you have any tips on rage quiting when z max roaches at 12 min? Cause you seem like you would, given how mad you are over a arguement you lost a week ago."}
{"_id": "318479", "title": "", "text": "Ok well in that case here are my thoughts.  Its been a while since I've done this type of school work so hope it's right/helpful.  AR Oustanding = Avg AR / (credit sales/Operating Cycle*) = 35   *I'm guessing they didn't give you sales for the year or else I would divide by 365 but since you mentioned operating cycle I'm assuming thats the sales number you were given.  So you want to divide the sales by 50 and then times it by the 35.  Should give you the average AR.  Inventory - I really don't remember having to calculate this so I'm just thinking logically here.  You should be able to take COGS divide by the days in the period then times it by In Invetory.  So = (COGS/Operating Cycle)* In Inventory = (COGS/50)*15  Accounts Payable....man, I'm afraid to drive you in the wrong direction on this one.  Avg Accounts Payable/(COGS/Operating Cycle) = 40  Plug in COGS, divide by the operating cycle, 50 then times by 40, the days vendor credit."}
{"_id": "318491", "title": "", "text": "\"In the US, you'd run the risk of being accused of fraud if this weren't set up properly.  It would only be proper if your wife could show that she were involved, acting as your agent, bookkeeper, etc. Even so, to suggest that your time is billed at one rate but you are only paid a tiny fraction of that is still a high risk alert.  I believe the expression \"\"if it quacks like a duck...\"\" is pretty universal. If not, I'll edit in a clarification.  note -I know OP is in UK, but I imagine tax collection is pretty similar in this regard.\""}
{"_id": "318492", "title": "", "text": "Do you have the following information? If the above conditions are met, you can use the county sheriff department to put a lien on his bank account. You can also garnish wages if he has a job but you don't know all of the above."}
{"_id": "318505", "title": "", "text": "\"It's not something for nothing. If people need healthcare or shelter at a particular time in their life, you give it to them because they are human - that's something. Our current system doesn't properly reward \"\"something\"\" anyway. Some of the hardest workers in the economy get virtually nothing for their labour while others are rewarded excessively for making little contribution simply because they handle money and supposedly have more responsibility. You're assuming market based reward is fair and just. It's not. Redistribution is necessary to create a better society.\""}
{"_id": "318520", "title": "", "text": "\"And I'm reading through the pack of stuff  There should be a soft copy of Terms and Conditions. If so, please put up a link. Generally 0% APR comes with some strings attached. The literature on the Bank of America site shows 0% APR only for Balance Transfers done with 60 days.  On one of the comparison sites; the Bank of America card shows 0% only for balance transfers and purchases done in first 60 days. 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days, then, 13.24% - 23.24% Variable APR. 3% fee (min $10) applies to balance transfers. Which means that if you spend say $200 in first 2 months, you can repay this $200 in next 12 months at 0% APR. However if you spend another $100 in 3 month, this should be paid in full along with a portion of $200; else interest would start for all of $300. Generally 0% APR don't make sense as there are lots of hidden terms and conditions and the real benefit may not be that great.  Edits: The Literature looks quite confusing. On the Main Page it says; Introductory APR   0% for 12 billing cycles   Applies to purchases and to any balance transfers made within 60 days of opening your account This would mean say you do a Balance transfer within 60 days, of 120 and say you make purchases with 60 days of 120. Total liability is 240.  Scenario 1: Assume you do not use this card. Then you can safely keep making payments of 20 per month for next one year. Scenario 2: In 3rd month, you swipe for 100 more. Now the Total Due will be 100+20. If you make the payment of 120, then fine. If you make a payment of only say 50; Then the interest will be calculated for [240-40, payments for 2 months+50 of current month]; i.e. on 250. However the detailed \"\"Terms of Conditions\"\" seem to limit this only to Balance Transfer of 120 in first 60 days and not to any purchases in first 60 days. With Terms so vague, my suggestion, don't get this card for these benefits. Get this if you need a regular card.\""}
{"_id": "318553", "title": "", "text": "Marketing strategy by far was and continues to be the biggest problem.  Choosing and setting up things like corporate entity, billing, data backup, calendars were a distant second problem.  Labor law is too confusing for me to hire anyone but independent contractors."}
{"_id": "318558", "title": "", "text": "\"You may be thinking about this the wrong way. The yield (Return) on your investment is effectively the market price paid to the investor for the amount of risk assumed for participating. Looking at the last few years, many including myself would have given their left arm for a so-called \"\"meager return\"\" instead of the devastation visited on our portfolios.  In essence, higher return almost always (arguably always) comes at the cost of increased risk.  You just have to decide your risk profile and investment goals.  For example, which of the following scenarios would you prefer? Investment Option A  Treasuries, CD's Worst Case: 1% gain Best Case 5% gain   Investment option B  Equities/Commodities Worst Case: 25% loss Best Case: 40% gain\""}
{"_id": "318567", "title": "", "text": "They have great cars but really with gas under 2 dollars per gallon in the US why would anyone switch? I actually believe electric motors are better suited for most passenger vehicles with its great inherent torque, but the battery tech still needs around a 50% improvement to match gas vehicle driving flexibility that most consumers demand."}
{"_id": "318579", "title": "", "text": "The principal of the contribution can definitely be withdrawn tax-free and penalty-free. However, there is a section that makes me think that the earnings part may be subject to penalty in addition to tax. In Publication 590-A, under Traditional IRAs -> When Can You Withdraw or Use Assets? -> Contributions Returned Before Due Date of Return -> Early Distributions Tax, it says: The 10% additional tax on distributions made before you reach age 59\u00bd   does not apply to these tax-free withdrawals of your contributions.   However, the distribution of interest or other income must be reported   on Form 5329 and, unless the distribution qualifies as an exception to   the age 59\u00bd rule, it will be subject to this tax. This section is only specifically about the return of contributions before the due date of return, not a general withdrawal (as you can see from the first sentence that the penalty doesn't apply to contributions, which wouldn't be true of general withdrawals). Therefore, the second sentence must be about the earnings part of the withdrawal that you must make together with the contribution part as part of the return of contributions before the due date of the return. If the penalty it is talking about is only about other types of withdrawals and doesn't apply to the earnings part of the return of contribution before the due date of the return, then this sentence wouldn't make sense as it's in a part that's only about return of contribution before the due date of the return."}
{"_id": "318583", "title": "", "text": "\"The fair tax is a proposal to replace the US income tax with a sales tax. Pros of Fair Tax:  It's a large change to the way the United States currently does things. The \"\"Fair Tax Act of 2011\"\" is H.R.25 in the US House and S.13 in the Senate. The full text of the bill is available at the links provided. There are some fairly large consequences of implementing a fair tax.   For example, 401ks and Roth IRAs serve no benefit over non-retirement investments.   Mortgages would no longer have a tax advantage.  Luxury items would get far more expensive.\""}
{"_id": "318584", "title": "", "text": "\"I think people naturally overreact to crises. And, like you, I'm not really sure what the answer is. Capital requirements were a good start though. It also makes you wonder what would happen if \"\"mark-to-market\"\" accounting was not necessary, would the severity of the financial crisis have been muted?   At the same time, maintaining the value of worthless debt seems equally silly (I'm talking to you, Europe!).   Just an interesting time. I don't think things are as broken as people make it seem. 2008-9 was a big check and re-balancing. Unfortunately the consumers haven't been re-balanced like businesses due to poor employment and wages.  Sorry, I'm just talking in circles now.\""}
{"_id": "318612", "title": "", "text": "I work for Businessfriend and would love to answer these questions. Now mind you, we are in beta, so we don't expect the site to work perfectly yet, but I do hope you guys explore it. We see our selves very different from Linkedin, matter of fact we don't compare ourselves to Linkedin at all. Our site does not stop at networking, we provide common business utilities behind a social ecosystem to ideally improve productivity at work. Our tools consist of a calendar, to do list, chat (instant message), and plenty more. I went ahead and set up a demo account for you guys to use if you are interested, because this is set up with my own email I am going to only leave it live for a week. The login is Email: p.diehl@businessfriend.com Password: Password123. I have added 3 Businessfriend team members to the contacts so you can talk to us directly and let us know what you think. You will be connected with Philip Diehl (me), Nick Alesi, and Rob Rosales. Enjoy! -Phil"}
{"_id": "318619", "title": "", "text": "I get it; money is money and shareholders demand businesses make as much as they possibly can. Great. That doesn't change my opinion that tax inversions are wrong. They deprive the US of valuable income which has been earned through infrastructure, defense, education, etc. It's legal right now so fine but I don't have to patronize businesses which choose to do this. So if the deal closes, as much as I don't eat fast food often, Burger King will lose my future business. Just my choice. And my choice to make the suggestion to others in as many public forums as possible.. &lt;shrug&gt;"}
{"_id": "318626", "title": "", "text": "Here's another thing to consider: do you go to a top school? If not, do you have top grades and the desire to send thousands of cold networking emails to strangers? If not (and, in this economy, even if you do fulfill those criteria), it will be difficult to break into fields like investment banking and sales and trading, which are typically the most desired destinations in finance after college.   Those jobs can lead to a very financially remunerative career in that you can leave after 2 years and work at hedge funds and private equity firms. However, very few people can get to that point. If you're good at CS, you could actually make a lot more money going that route. Or you could also do a programming job for a financial institution like someone in the comments was talking about, which would likely pay well."}
{"_id": "318634", "title": "", "text": "No there are no deductions when converting from an SB a/c to an NRO a/c. However, the bank may charge you a small fee to transfer your funds (Somewhere between 100-500 Rupees). The interest you earn on that NRO account will be deducted at source as compared to your S/B(30.9% p.a). In case you fall within basic exemption limit, you can claim it back at the end of the year, while filing your taxes.  You can remit upto $1 million from your NRO account every year. There are no taxes while you remit the money. However, you will need to fill out form 15CA and 15CB which ensures that the taxes have been collected before the money is remitted out of the country."}
{"_id": "318650", "title": "", "text": "At Homeguard Pest Services - Pest Control Cairns, we provide professional termite and pest control in Cairns. Servicing residential and commercial properties from schools, daycare centers, aged care facilities, hotels, restaurants, commercial kitchens, and many more. We deliver the highest quality service and products available to the pest control industry, ensuring the absolute safety of your family and pets at all times. Cairns has a diverse mix of flora and fauna, and with the warm, humid environment of North Queensland, there's no shortage of creepy crawlies, insects and the dreaded termites that can cause serious structural damage to your home. Other pests like cockroaches which are responsible for spreading various pathogens such as Salmonella, E.coli and Staphylococcus aureus, that have the potential to make you very sick. Before we carry out any pest control treatments at your property, it is essential for us to correctly identify what species of cockroaches, ants and other pests we are treating. This allows our treatments to be targeted, which provides you a far better and safer pest control. We first carry out a thorough pest inspection of your property to identify your pest issues, also conducive conditions you might have in and around your home. So we can advise and provide solutions to rectify this problem area's in the most cost-effective way. All our products we use are scientifically tested and approved for safe use in your home. For the most comprehensive termite inspections and reports, insect control, and pest management in Cairns."}
{"_id": "318651", "title": "", "text": "\"The amount of \"\"if they don't like it, they shouldn't work there\"\" in this thread is fucking appalling. People have a right to decent wages. In this case, I think we all understand that simple boycotting and educating won't work.   Someone in the upper chain of command in the US needs to come out and say something, as well as re-haul a disgusting system that lets people live so distraught while others live so comfortably.\""}
{"_id": "318653", "title": "", "text": "The special rights for corporations come automatically when US companies become a multinational. And that binds the US, just like it did, for example, Slovakia, [blocking their right to have affordable health care](http://www.italaw.com/sites/default/files/case-documents/italaw3206.pdf), because an insurance company had silently, invisibly finagled a SUPERIOR right to massive compensation, basically free money."}
{"_id": "318656", "title": "", "text": "If markets were perfectly efficient, the price should reflect everything that is currently known about the future of a commodity.  If it is known that silver is currently under-valued, then investors would be buying it -- driving the price up.  Conversely, if silver is currently over-valued, then investors would be selling and the price would be going down.  Added to that is emotion.  If the price is currently trending up, then people expect it to keep going up, and the price continues to rise.  Until enough people think it can't go any higher and start selling, which drives the price down.  Since this is driven by emotion, it cannot be predicted when this will happen."}
{"_id": "318658", "title": "", "text": "Matt Levine at Bloomberg published [a great summary and piece of commentary on the allegations](https://www.bloomberg.com/view/articles/2015-12-17/martin-shkreli-accused-of-being-surprisingly-good-at-fraud) when Shkreli was first indicted. The short version is that Shkreli lost all of his hedge fund investors' money while telling them things were going great, founded the pharmaceutical company Retrophin, took it public, then looted it to pay back his original investors."}
{"_id": "318663", "title": "", "text": "Network.  Network.  Network.  I got a job out of college on the buy side from being an intern. An Alum I found through networking said they had an extra desk on the floor and told me to come spin my wheels until I found a job. Three months later, that job was on their fixed income desk.   It's rare, but it can absolutely happen"}
{"_id": "318668", "title": "", "text": "\"&gt;Those roads, schools, police were all funded just fine before this debate started  Um no, no they weren't.  Ever heard of the deficit?  &gt;We have a spending problem not a revenue problem  that's like, your opinion man.  &gt;He's not suggesting that he shouldn't pay any taxes at all, just not INCREASED taxes or liabilities  So taxes are ok but they can't EVER go up?  Why not?  Maybe the current rate isn't the best rate.   All I'm saying is I think it's selfish to say \"\"I'm going to fire you if my profit goes down\"\" It's not like he can't continue to run the company and make money, he's just going to make less money.  He's already rich.  So in my mind, that's kinda selfish.\""}
{"_id": "318673", "title": "", "text": "\"Thanks for disagreeing in a classy way. Seriously - as you can see, it's not that common!   Two points:   1. You wouldn't trade the (bad) experiences. People say that about being paralyzed. I said it about the douchebag ex-bf who stole my car. Doesn't mean you would recommend people do it, right? In fact, you'd probably steer them away from it. That's why I write what I write.   2. \"\"do something big, or fast, or perhaps manufacture something\u2026 these types of business need outside funding\"\"  I don't disagree with you there, in principle. But the vast majority of startups who want to \"\"do something big, or fast\"\" are in fact not businesses. All the big high-growth startups are losing money -- pretty much EXCEPT Facebook. Groupon, Salesforce, LinkedIn, Angie's List, Yelp, Twitter\u2026 these are not profitable years later, they are not businesses, they are the essence of gambling.  It's just another part of the con.   Some of them have or will go public, spreading their lack of profitability around the stock market\u2026 just like a package of sliced up bad mortgages. Others will get sold to a bigco who bought them for some OTHER reason, but not because they are a profitable, smart business. And the rest will shutter.  It's part of the con.\""}
{"_id": "318674", "title": "", "text": "For any android device you can try: Daily Expense Manager - to track your expenses and a host of other apps to suit your specific needs."}
{"_id": "318676", "title": "", "text": "\"Village? Are you in the states? I am not saying start a car dealership, I am saying look for cars that are sold below the value they usually go for. This takes a bit of time and effort of looking at each car and seeing what they generally sell for. Blue book is a decent indicator, but do not go solely on that alone. Go to a car auction, and write down each car you can, judge each car, the mileage, and condition, and see what it goes for at auction. Then go to other areas and find other similar cars and see what they are sold for there. Build up a database of sorts, and the cars with the best margins, and preferably higher turnover, and get those.   This is not a \"\"business\"\" per say, it is a way to make money and learn the market for a while. Once you get a good bit of general knowledge, and build up a lot more money, then you could likely start a car dealership. Depending on your area you will likely need a good 50k to get started, maybe more depending on insurance and lease agreements.\""}
{"_id": "318689", "title": "", "text": "Stock valuation is a really sticky business, although they are ways to value it, it is somewhat subjective(expectations are calculated). But it will be at premium most likely, can't tell how much without any numbers.(wouldn't be able to tell with the numbers as well since i do not have any knowledge in the sector)"}
{"_id": "318696", "title": "", "text": "\"An Xbox currently sells for $200 but you don't have the money right now to buy it.  You think the price of the xbox is going up to $250 next month. Your friend works at BestBuy and says he has a \"\"raincheck\"\" that allows you to buy the Xbox for $200 but the raincheck expires next month.  He offers to sell you the \"\"raincheck\"\" for $5. When you buy his raincheck for $5 you are locking in the right to buy the Xbox for $200. It is like an option because it locks in the purchase price, it has an expiration date, it locks in a purchase price, and it is not mandatory that you redeem it. That's an explanation for a call option in kids terms.  For more easy answers to the question what is a call option click now.  A put can be answered in a similar way.  Suppose you bought the Xbox for $250 and then the price drops back to $200.  If you keep your receipt, you have the right to return (sell the Xbox back) for $250 even though the current price is only $200.  Bestbuy has a 30 day return policy so your receipt is like a put option in that you can sell the Xbox back for a price higher than the current market price.   That's a simple example of a put option in kids terms.  For more easy answers to the question what is a put click now.\""}
{"_id": "318712", "title": "", "text": "\"Full employment is a joke. Look at the [labor force participation rate](https://data.bls.gov/timeseries/LNS11300000) most gains in income are being seen with the top ~1%. Most people who have \"\"recovered\"\" are referring to the stock market. Which has seen tremendous growth. But IMO this is due to a lack of places to put money. Sure some people lost their jobs and now have one but I wouldn't say that on average we are any better off than pre 08.\""}
{"_id": "318716", "title": "", "text": "First of all, in the U.S., no Federal gift tax has to be paid by the recipient of  the gift; it is the donor who has to pay gift tax, if any is due. Nor does the recipient have to pay Federal income tax on the gift; it is not considered taxable income.  I do not believe that any states view matters differently for the purposes of state gift and income taxes, but I am always ready to be disabused of any such fondly-held notions. If your parents were required to pay any gift tax, that would have been at the  time the gift was originally given and only if they gifted more than the maximum allowable exemption per person for that year. Currently the exemption is $14K from each donor per recipient per year. Additional gifts were made by your parents to you during your minority when your parents paid any income tax  due on the distributions in your account, but these amounts would unlikely to have been larger than the exemption for that year. In any case, gift tax is  none of your concern. If you have been declaring the income from distributions from the mutual funds all these years, then the only tax due on the distributions from the funds in 2013 is the Federal income tax for the 2013 tax year (plus a special assessment of Medicare tax on investment income if your income is large; unlikely based on your question and follow-up comment).  If you sold all or part of your shares in the funds in 2013, then you would need to calculate the basis of your investments in the fund in order to figure out if you have capital gains or losses.  Ditto if you are thinking of cashing out in 2014 and wish to estimate how much income tax is due. But if you want to just hang on to the funds, then there is no immediate need to figure out the basis right away, though taking care of the matter and keeping in top of things for the future will be helpful. As a final note, there is no tax due on the appreciation of the fund's shares. The increased value of your account because the fund's share price rose is not a taxable event (nor are decreases in the account deductible). These are called unrealized capital gains (or losses) and you do not pay tax on them (or deduct them as losses) until you realize the gains by  disposing of the property."}
{"_id": "318718", "title": "", "text": "Hi.  Straddle:  Buy a call and a put with an identical strike price. The strike is the price at which you can exercise the option. You pay a premium (cash) to buy the options. Typically you need a large amount of volatility in pricing movement in order to breakeven on the combined premium paid.  Strangle: Purchasing a call and a put option with a non-identical strike price. Once again it is a volatility trading play. You need some type of price movement in the underlying security in order to break even or profit on the trade."}
{"_id": "318728", "title": "", "text": "\"they are purchasing the company\"\" is this correct? Yes this is correct. If I purchase a \"\"company\"\" here in Australia, I also purchase its assets and liabilities Yes that is correct. How can it be NIL? How can it be legal? The value of shares [or shareholders] is Assets - liabilities. Generally a healthy company has Assets that are greater than its liabilities and hence the company has value and shareholders have value of the shares. In case of TEN; the company has more liabilities; even after all assets are sold off; there is not enough money left out to pay all the creditors. Hence the company is in Administration. i.e. it is now being managed by Regulated Australian authority. The job of the administrator is to find out suitable buyers so that most of the creditors are paid off and if there is surplus pay off the shareholder or arrive at a suitable deal. In case of TEN; the liabilities are so large that no one is ready to buy the company and the deal of CBS will also mean nothing gets paid to existing shareholders as the value is negative [as the company is separate legal entity, they can't recover the negative from shareholders]. Even the current creditors may not be paid in full and may get a pro-rated due and may lose some money.\""}
{"_id": "318730", "title": "", "text": "If you have $5k in cash and $5k in credit card debt, you should pay off the credit card and use your line of credit for any emergency cash need.  You're worried about not having cash on hand but that's exactly what a credit line provides. You can draw a cash advance from it if you need. If you pay it off, at least you don't pay interest during the time you don't need it. 17% is a ridiculously high rate of interest.  In actuality, you don't have $5k in savings because if you had paid for your purchases using cash, you wouldn't have the savings. So it's basically like you've drawn a cash advance from your CC company to fill your bank account with."}
{"_id": "318735", "title": "", "text": "\"Emergency funds have a very specific and obvious benefit; you'll have money sitting around in case you need it.  A lot of people think a big car repair or some unexpected home repair is an emergency, and that's fine.  Emergency also expands up to \"\"I lost my job four months ago and we're a year in to a recession, the stock market is down 30% and I need to pay my rent or mortgage.\"\"  Sure, you could just sell some of your stocks that have lost 30% and pay your rent. I know nobody likes to think about it, but the stock market can go down.  I know nobody likes to think about it, but the economy can slink in to a recession.  In fact, here's a small list of recent U.S. recessions: No competent investment adviser would advise that your emergency funds should be subject to market volatility because that completely defeats the purpose of an emergency fund. It's possible that this manager wants you to indicate a separate emergency fund to allocate a portion of your account to a low volatility US Treasury fund or something of the like, this would be materially different than investing in a broad market/large cap fund like VOO or VTI.  The effects of inflation are not so bad that you should put your emergency money in the market.  Who cares what inflation was if you have to sell an asset at a loss to pay rent?  One last point.  Index fund ETFs are not \"\"safe.\"\"  Investing in diversified funds is safER than buying individual company stocks.\""}
{"_id": "318741", "title": "", "text": "\"Yes, you're correct and yes they will. Note that it will be considered as \"\"sale\"\" with gains being taxable income to you.\""}
{"_id": "318742", "title": "", "text": "Three years ago I had couple of coins. I was scammed for 1btc, couldn't spend them properly, lost passwords... And was quite disappointed after using them for some time. I still have some amount in the wallet I cannot access - forever. I don't know why are people so enthusiastic about this cryptocurrency stuff, it's valuable because it's scarce and innovative, but let's face it will not save the world nor win against the banking system. It is a bubble and it will pop eventually"}
{"_id": "318747", "title": "", "text": "&gt;He's a talented guy  Was he any more talented than the thousands of other art grads that end up as long term unemployed or in low paid jobs?  He was told to forget about a career in writing in an academic evaluation.  Surely, someone talented wouldn't have been rated that way?  Besides, plenty of untalented celebrities sell millions of books.  Popular literature is hardly tied to talent."}
{"_id": "318750", "title": "", "text": "Absolutely true, but in a bankruptcy situation the best OP can do is win a judgment for breach of contract/fiduciary duty/whatever against Refco, and then get a levy on some assets. He's still just a lien creditor who will be paid after all the secureds in bankruptcy.  As MF Global is demonstrating once again, whatever regulations there are to keep clients' money in brokerages sequestered ain't cutting it."}
{"_id": "318754", "title": "", "text": "These sales were not part of their 10b5-1 pre-scheduled trading plans. They occurred after the cyber attack was discovered but before the attack was made public.        I see 3 f-cking idiots going to jail for insider trading.  And say bye-bye too all of the money gained by the options."}
{"_id": "318756", "title": "", "text": "At Good Guru we are focused on offering you the high performance sports supplements that your effort requires. We are athletes, just like you, and that's why we know what each drop of sweat costs and we want to help you turn it into more bodybuilding supplements. For this we have looked for the products that your body demands in each training session:  proteins that boost your recovery and increase your muscle mass, supplements burning fat to lose weight, amino acids to make you recover better. Fitness, bodybuilding, cycling?, No matter what your specialty because we have specific supplements for the main disciplines. We rely only on the leading brands for each one, so you can be sure that the product you consume will fit perfectly with your own training routines."}
{"_id": "318763", "title": "", "text": "\"It's not my job to address your points. You have dumb points based upon what you think is \"\"fair\"\". There is no true meaning to that word.  You and the millions of others who watch/read the news, whether it be Reddit or Fox News, have this weird fixation on \"\"the problem\"\". I don't know why people are obsessed with \"\"the problem\"\", but it's really pervasive in society.   * What is \"\"the problem\"\" with this generation?  * What is \"\"the problem\"\" with music today?  * What is \"\"the problem\"\" with Hollywood?  * What is \"\"the problem\"\" with the government?  * What is \"\"the problem\"\" with the economy?  * What is \"\"the problem\"\" with people? (bibically, they're sinners!)  My advice is to stop thinking everything is a problem. Make your null assumption that everything is working well (not perfectly but alright). Then, use some logic and focus to really decide if there's a problem that's going to cause the end of civilization as we know it or not.\""}
{"_id": "318774", "title": "", "text": "NYSE started allowing four letter tickers around 2009.  NASDAQ allows 4-5 letter tickers.  I guess they'll keep increasing when / if needed.  Companies are allowed to change tickers, although there are costs.  Tickers in the US are assigned through a single entity.  Companies that are new need to take something that's open. http://www.wsj.com/articles/SB124296050986346159 I see that you're in Australia, but, since there aren't really that many options to deal with the problem that you mentioned, I'd guess that you'll ultimately do the same.  Not sure about how tickers are assigned there though."}
{"_id": "318787", "title": "", "text": "\"Yea, thinking the bank rescue is some old boys club conspiracy is pretty far off the mark. Primarily they were sticking to their ideological guns of \"\"let them fail\"\" with Lehman, until they saw the over the cliff they were about to go over and started bailing.\""}
{"_id": "318823", "title": "", "text": "\"There are two different types of ISA; the \"\"Cash ISA\"\" for cash savings, and the \"\"Stocks and Shares ISA\"\" for stock market investing.  You can transfer funds between these two different types of ISA.  If your current cash ISA provider does not provide stocks and shares ISAs, then there may be a fee involved when transferring funds between two different providers. If I am reading your notation correctly, you have contributed the full allowance of GBP15,240 in both the current tax year and the previous tax year.   Each year you can contribute GBP15,240 (currently) to your ISAs and this can be done in any combination of cash ISA and stocks and shares ISA.  For example, you could put GBP5,240 into your cash ISA and GBP10,000 into your stocks and shares ISA. Regarding your questions : It is also important to understand that once you withdraw money from an ISA, it does not affect your previous contributions or allowances.  For example, if you have used your full contribution allowance for the current year and chose to withdraw some funds, then you have still used your full contribution allowance and so you cannot redeposit these funds.\""}
{"_id": "318833", "title": "", "text": "Note that the pros pay for extremely fast access and are literally fighting over nanoseconds to get every possible advantage. Your system won't come close to that by several orders of magnitude. Consider the implications for the kinds of automated trading you want to perform. (Pico was overstating it. Nano, at the processor level and in terms of which transaction is first into the buffers, is certainly true. A millisecond is a Long Time in this domain.)"}
{"_id": "318839", "title": "", "text": "I'm already a senior. I would have to spend at least a few more years in school rather than a single semester to get a comp sci major instead of the minor. I'm afraid that getting the major in computer science as well is out the window already financially."}
{"_id": "318864", "title": "", "text": "\"Step one: keep this information from friends and family, or ar least state a lower number when asked how much you inherited. It can be amazing how many old friends and family members come crawling out of the woodwork.  I'm also a college student, so I dont have much experience under my belt to give you a \"\"good\"\" advice. All I can say is put it into liquid assets (if you decide to invest). I've had major car repairs and medical emergencies I never had to sweat because I could just pull a relarively large lump sum out.  Or say \"\"fuck it\"\" and blow it on hookers and cocaine in Cancun. You're your own person. Good luck!\""}
{"_id": "318873", "title": "", "text": "One of the things I would suggest looking into is peer-to-peer lending.  I do lendingclub.com, but with a lot less money, and have only done it a short period of time.  Still my return is about 13%. In your case you would probably have to commit to about 3.5 years to invest your money.  Buy 3 year notes, and as they are paid off pull the money out and put into a CD or money market..     They sell notes that are 3 or 5 year and you may not want to tie your money up that long."}
{"_id": "318886", "title": "", "text": "A growing economy should become more efficient because of increased opportunity for division of labor: specialization. External regulation or monetary policy external to the free market can cause parts of the economy to grow in response to said regulations.  This creates inefficiencies that are wrung out of the economy after the policies reverse.  A couple of examples: Tinkering with the economy causes the inefficiencies."}
{"_id": "318899", "title": "", "text": "I don't see this as an issue with obamacare, but an issue with employers that have profits-above-all mentality.   Healthcare as a means of compensation was invented back to attract talent in the 30s when salary and wage were frozen during the depression. Now employer tied healthcare has outlived its usefulness and become an impediment to people who want to find better employment but can't afford to lose medical coverage.   While obamacare is no single player, i think it's a step in the right direction. not to mention that single player was a political DoA that no congressman who hopes to be reelected for another term would support. It's disheartening but healthcare form to the likes of single payer will be unsettling for many powerful, wealthy industries that would fight it with tooth and nail."}
{"_id": "318903", "title": "", "text": "If the company has a direct reinvestment plan or DRIP that they operate in house or contract out to a financial company to administer, yes. There can still be transaction fees, and none of these I know of offer real time trading.  Your trade price will typically be defined in the plan as the opening or closing price on the trade date.  Sometimes these plans offer odd lot sales at a recent running average price which could provide a hundred dollar or so arbitrage opportunity."}
{"_id": "318929", "title": "", "text": "Are you in the United States? Is there some sort of written agreement that the money your parents paid into the house is a loan that will be paid back?  I assume the deed to the home is in your name, and your parents do not have a lien on the property in any way? In the United States provided there is no lien and your parents are not also on the mortgage, that home is 100% yours. Now I would argue you still owe your parents money, but absent some sort of contract it sounds like an interest free loan that you'll pay back at a rate of 500$/month.  Your parents could attempt to sue you and if this happens I recommend you find a real estate attorney. It's unlikely that they would win the case since there's no paperwork and even if there was it is unlikely to hold up since it so strongly favors them ( your parents ).  Now if your parents are listed on the mortgage or somehow have a lien on the house, you have a bigger issue as they technically own (or at least have an interest in) part of the property and when you decide to sell the house you would have to involve them."}
{"_id": "318930", "title": "", "text": "This has been alarmed on for years. From the explosion in housing cost and resulting debt, to loans being off-balance-sheet, to the high amounts of subsidization of industry (i.e. finished steel beams being delivered to countries for less than some pay for raw iron ore). There simply isn't a way of knowing how or if it will fall out, since the government is already putting controls in place. And it is even harder to tell because of the lack of transparency from the Chinese government."}
{"_id": "318934", "title": "", "text": "\"**Minimum viable product**  A minimum viable product (MVP) is a product with just enough features to satisfy early customers, and to provide feedback for future product development. Some experts suggest that in business to business transactions an MVP also means saleable: \"\"it\u2019s not an MVP until you sell it. Viable means you can sell it\"\".  Gathering insights from an MVP is often less expensive than developing a product with more features, which increase costs and risk if the product fails, for example, due to incorrect assumptions.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "318937", "title": "", "text": "Sales are useless. Profit determines value.  Others made good suggestions, but make sure you don't personally guarantee anthing.  Understand your requirements to continue having the investor involved. Understand who has approval authority and decision making authority, ie are you a hired gun or the managing owner?  Finally, probability of success is low, so do your homework, bust your ass, and understand when you will wall away (ie if you aren't profitable in 3 years, or below $500k in rev, etc)"}
{"_id": "318941", "title": "", "text": "Why do I need to put her information into these quotes?  Because you are getting your quote through a website instead of via a human being.  They likely programmed their system for the most likely scenarios. Doesn't her insurance cover her driving other people's cars? Yes, it should.  The big questions: for how much damage and is it liability only? My advice: don't be lazy, make the calls and find out the details.  Not everything can be answered on the internet. :)"}
{"_id": "318949", "title": "", "text": "\"Sounds like a Ponzi scheme, amplified by social media. Ponzi schemes always rely on some \"\"winners\"\" to say they are winners, so they can grow the pot. If you put in $100 and got out $120, that's the $20 the operator pays so that the next guy who puts in $100 gets back... zero.\""}
{"_id": "318950", "title": "", "text": "There are many ways to temper the dollar burden of an education.  Your question has very little information, so I am going to assume the following:  You are attending a University in the United States, you are paying for school with a combination of loans, scholarships, gifts, and your own income, and that you are a typical (socially) 18-22 year old male/female. Tuition Food Alcohol and Social Activities Books Room/Board/Transportation Income  (I don't have as much advice here, someone else will need to chime in)"}
{"_id": "318954", "title": "", "text": "Without knowing specifics about your personal situation, there are two items to consider:  1. Pre-pay as many items as possible this year.  (rent/lease, insurance premiums, etc.) to reduce your profit on paper in this tax year.    2. If you don't have a retirement plan for yourself, look into it as a way to put some money aside for retirement pre-tax.  If your accountant can't help with this, perhaps find a financial planner.   Congrats though, great problem to have!"}
{"_id": "318966", "title": "", "text": "States have made sales tax more confusing by expanding some categories and shrinking or eliminating other categories. In days of old there were taxes on items, and specific taxes on other small categories such as fuel and cigarets . In many states there were taxes implemented state wide, and in other cases they only applied to a specific city or region. As time went on taxes could be raised to bring in more money for the state or local government, but these tax increase were seen as unfair to the poor. So now the states are modifying and tweaking the tax rates. Some items are tax free, some have a low tax, and some are at the full tax rate. This can get confusing because the type of store can also play a factor. A bag a chips from a grocery store can be treated  differently than a bag of chips from a hotdog stand. Some states have also added special taxes on snack foods. In general, purchases they want to encourage (staples from the grocery store) are tax free or low tax, items they don't want to encourage (snacks) are fully taxed. You can also be sure that they will treat luxury items as fully taxed. A new frontier of taxation are ones designed to tax people who don't live there. They have added taxes on restaurants and  hotels. Since they are paid by tourists, the people most likely to pay them don't have a voice in setting the rate.  States are now wanting to tax services as a way to make up shortfalls in taxing.  Don't expect consistency from state to state, or year to year.  Oh by the way that penny tax was for something that cost 17 cents or less, unless that item had a lower tax rate. The receipt should clearly identify the taxable items, and their tax level."}
{"_id": "318971", "title": "", "text": "\"In general, \"\"billed amounts\"\" don't mean a whole lot, since if the provider has a contract with the insurance company (usually called \"\"in-network\"\"), the insurance company picks what the rates are that the treatment \"\"should\"\" cost, and how that cost gets allocated between what the insurance company pays and what the patient pays. Due to that contract, the insurance company and provider should agree on how much the patient owes, and one shouldn't pay a provider more than what the insurance company says you should. On the other hand, some insurance plans have a level of \"\"out of network\"\" coverage. In that case, the insurance company has its same sense of what the treatment \"\"should\"\" cost, but is really only concerned with paying its share. The EOB then should show how much they pay, but will generally show the full \"\"billed amount\"\" minus their payment as the amount the patient owes. That is, since there's no contract between the provider and the insurance company, the insurance company has no way to stop the provider from \"\"balance billing\"\" you for whatever they want beyond the amount that the insurance is paying, since any payment amount is purely a transaction between you and the provider. In general (as with anything involving large amounts of money), it's best to get all you can in writing. The provider should be able to provide you with a statement showing zero remaining due, and including both any payment you've made to them and any payments made by the insurance company. It may take a while for the payment from the insurance company to be processed, and until it does there may be something on the statement showing \"\"estimated amount to be paid by insurance\"\", which isn't as comforting as one showing \"\"actual amount paid by insurance\"\" and \"\"zero due\"\".\""}
{"_id": "318972", "title": "", "text": "rawbdor is spot on both in terms of the divident yield and the ratings.  BAC and C should have no dividend at all. They have liquidity due to the FED but they still have loads of debt that needs to be written off. For all intents and purposes they bankrupt but are kept alive as zombie banks by the FED and the market is pricing them as such.   As we've seen time and again, the ratings agencies are lagging indicators regarding value. Once the market loses faith in an enterprise, the ratings agencies have no choice but to downgrade.   The *only* reason the major agencies are in business is because they are a state sanctioned oligopoly. Essentially mutual/ money market funds cannot operate without these agencies by law."}
{"_id": "318986", "title": "", "text": "\"We're not \"\"helping\"\" the company in a comparable sense to donating money to a non-profit.  As you wrote, investing in a company deals with ownership and in a sense, becoming a part owner of a company, even if it is a minor ownership, indicates that we sense it has some sort of value, whether that's ethical, financial or tangible value.  As investors, we should take responsibility and ensure that our voices are heard when voting occurs (sadly, not too common). EDIT: @thepassiveinvestor makes an excellent point that this paragraph only applies to IPOs: Keep in mind, when we purchase stock in a company, that money is used for business purposes.  It also signals value to the market as well, if enough money or enough investors buy the stock.\""}
{"_id": "319005", "title": "", "text": "Yes, that's what a classical intelligent conservative (a rare breed in internet chat rooms) would say, and it is, of course, true as far as it goes. This is a point where real conservatism as opposed to its internet simulacrum actually touches base with the real left as opposed to *its* internet simulacrum. Believe it or not many of the people you mention are doing *exactly* what you recommend. The fly in the ointment is that, being on the left, they don't start with a rock hard belief that there is nothing wrong with 'the system', that it is the best of all possible worlds and that all people have to do to solve the problems of a group and its individuals is to play along and put their nose to the grindstone.   There are such things as social norms quite separate from laws, and even in the most benevolent utopia there have to be and *will be* these vague expressions of what one should do. So... your advise, true as it may be, only captures part of the solution. A fuller solution goes beyond individual response and involves shifts in political power."}
{"_id": "319011", "title": "", "text": "No, it actually is very real.     You pay $340 for a single room and are talking about 2-bedroom rents.    At Nebraska's minimum wage of $9/hr or $18k/year, $700 for two bedrooms is just barely affordable if you take a standard rule of keeping monthly rent less than 1/40th of your annual gross salary.    It is unaffordable at the Federal minimum wage which was the point of the article."}
{"_id": "319014", "title": "", "text": "Maybe I should just kill myself  Everything I say and do is wrong. I hate my. On and I've never known my dad. I've got two friends at school, but everyone else is mean. I come on here and try to be friendly but people are so mean trying to correct me.  I'm tired of this. I'm tired of everything.  I don't know why, but your comment set me off in my mind, there's no where safe, what's the point of trying"}
{"_id": "319019", "title": "", "text": "\"Saudi Arabia finally has started doing this. They built a new city in the south near the sea that is completely reliant on new refineries being their industry.   As for why more don't do it, meh, it's a fair amount of work and takes a lot of investment. Selling oil is just digging a hole and hooking up a pipeline, its 1920's era technology really. Meanwhile, refineries are very complex facilities staffed by PhD's and prone to explosions and gas leaks if not maintained and regulated.   I guess its comparable to your parents saying \"\"Okay, you will get $10 a day if you set your bed. And that number will go up to $12 if you set your bed, mow the lawn, clean the dishes, cook dinner, and mop the floors\"\"  Most of us just shrug and take the $10 for the easy work. Let someone else break their back doing all the hard work to earn the extra $2\""}
{"_id": "319030", "title": "", "text": "\"Slightly higher wages (as paid by Costco, Starbucks, Ben&amp;Jerry's, etc) only work for certain business models. This is like first year business school stuff, man. Walmart is what's called a \"\"low cost leader\"\", and their success is absolutely dependent on their ability to keep their costs low, so that their prices will be lower than all of their competition. Low prices are pretty much the only reason they are competitive. If they paid a higher wage, they would lose this advantage, and could eventually fail.\""}
{"_id": "319043", "title": "", "text": "One reason why some merchants in the US don't accept Discover is that the fee the store is charged is higher than the average. Generally a portion of transaction fee for the network and the issuing bank goes to the rewards program. In some cases a portion of the interest can also be used to fund these programs. Some cards will give you more points when you carry a balance from one month to the next. Therefore encouraging consumers to have interest charges. This portion of the program will be funded from the interest charges. Profits: Rewards: Some rewards are almost always redeemed: cash once the amount of charges gets above a minimum threshold. Some are almost never redeemed: miles with high requirements and tough blackout periods.  Credit cards that don't understand how their customers will use their cards can run into problems. If they offer a great rewards program that encourages use, but pays too high a percentage of points earned can lead to problems. This is especially true when a great percentage of users pay in full each month. This hurt Citibank in the 1990's. They had a card with no annual fee forever, and a very high percentage never had to pay interest. People flocked to the card, and kept it as an emergency card, because they knew it would never have a annual fee."}
{"_id": "319051", "title": "", "text": "So ensuring retiree health benefits by investing in them is fraud? How is not passing a massive healthcare pension on to future generations to pay fraud? If the benefits aren't affordable maybe they shouldn't exist? My employer doesn't give me benefits they can't afford!"}
{"_id": "319052", "title": "", "text": "The SCHUFA explicitly says on their website that their scoring system is a secret. However, if your goal is to be credit-worthy for example to get financing for a house or a car or whatever, just pay any loans and your credit card back on time and you'll be fine. There is no need to build a credit history. I just got a mortgage on a new house without any real credit history. I have one credit card which I only use on vacations because some countries don't take my debit card, and I always put money on it before I use it, so I've technically never borrowed money from a bank at all. My banker looked at my SCHUFA with me and we saw that there was nothing in there except for the credit card, which has a 500\u20ac limit and if I maxed it out, the monthly interest would be 6,80\u20ac so he added that 6,80\u20ac to my expenses calculation and that was it. If you're having trouble getting a loan and you don't know why, you can ask the SCHUFA for the data they have on you and you can correct any mistakes they might have made. Sometimes, especially when you have the same full name and birth date as somebody else, the SCHUFA does get things mixed up and you have to sort it out."}
{"_id": "319058", "title": "", "text": "\"In the UK Directgov don't specify anything more than \"\"records\"\", which leads me to think that a digital copy might be acceptable. With regards to bank statements, individuals (i.e. not self-employed, or owning a business) need to keep them for between 12 and 15 months after your tax return, depending on when you filed it. Source: Record keeping (individuals and directors) - Directgov\""}
{"_id": "319078", "title": "", "text": "\"my problem with your argument is its base falseness: \"\"During the 2007 subprime mortgage crisis, Goldman was able to profit from the collapse in subprime mortgage bonds in the summer of 2007 by short-selling subprime mortgage-backed securities. Two Goldman traders, Michael Swenson and Josh Birnbaum, are credited with bearing responsibility for the firm's large profits during America's sub-prime mortgage crisis. The pair, members of Goldman's structured products group in New York, made a profit of $4 billion by \"\"betting\"\" on a collapse in the sub-prime market, and shorting mortgage-related securities.\"\"  that is wikipedia, but they seem to know what is going on better than you do so...\""}
{"_id": "319090", "title": "", "text": "I had a macys card which only had $75.00 credit limit... I accidently paid over the limit so the card had $100.00 in it. I left it that way for a month.. My credit limit turned into 100.. So I do think its possible to increase your credit limit that way.. I've tried many times requesting for a credit limit increase.. I was denied many times.. The only thing I have is to add money but the tricky thing is that you'll have to add money and spend the whole amount and then pay it off at once for the credit limit to stick. But since you have great credit assuming because your limit is 1000, you should request for an increase of your credit limit."}
{"_id": "319126", "title": "", "text": "\"Mortgage lending, as the article points out, has been historically weak, despite record low rates. Cash buyers (read investors looking for rental inventory) are driving sales and prices. I wouldn't exactly call that a \"\"thriving\"\" RE market.\""}
{"_id": "319129", "title": "", "text": "Here is a good example of why our bankruptcy laws need some tweeking:  &gt;This horror story begins with the Chapter 11 bankruptcy filing made by AMR Corp. (the holding company that owns American Airlines) last November. Bankruptcy, conventionally speaking, is about restructuring debts owed to banks and bondholders. But most of American\u2019s debt was backed by hard assets like airplanes. What\u2019s more, AMR actually had some cash on hand at the time of the filing. The debts American really wanted to restructure were the implicit debts to employees. As S&amp;P analyst Philip Baggaley put it at the time, the goal was to \u201creorganize in Chapter 11 and emerge as a somewhat smaller airline with more competitive labor costs and a lighter debt load.\u201d In other words, American went into bankruptcy primarily so it could pay people less."}
{"_id": "319131", "title": "", "text": "You were the one who started the government talk.  &gt; No.  Our taxes allocated the resources necessary for us to have roads, power, and all the nice facilities we use.  The rich benefited from the government offering them the jobs to build these things.  Or did you forget about that part?  I have no idea what lead you to believe that I said these businesses that do work for the government aren't getting paid, but in large part the money they are being paid with has been borrowed from the financial sector. I've told you this three times now, but you seem completely unwilling and overall too ignorant to absorb the information."}
{"_id": "319143", "title": "", "text": "This is a daily paper released by 1lamp1. It contains all current news events relative to Business but not the ones you would usually expect. Once you have read it you will not want to be without it You can follow 1lamp1 on Twitter \u2013 1lamp1"}
{"_id": "319158", "title": "", "text": "Of course you're reportable to the IRS. Your income is someone's expense, they'll report it if required. What you're probably asking is whether you need to pay any taxes in the US. If you're neither US citizen nor a green card holder, and you don't step foot to the US - you will probably not need to pay taxes there."}
{"_id": "319159", "title": "", "text": "Ultimately the bank will have first call on the house and you will be the only one on the hook directly to the bank if you don't make the mortgage payments. There's nothing you can do to avoid that if you can't get a joint mortgage. What you could do is make a side agreement that your girlfriend would be entitled to half the equity in the house, and would be required to make half the payments (via you). You could perhaps also add that she would be part responsible for helping you clear any arrears. But in the end it'd just be a deal between you and her. She wouldn't have any direct rights over the house and she wouldn't be at risk of the bank pursuing her if you don't pay the mortgage. You'd probably also need legal advice to make it watertight, but you could also not worry about that too much and just write it all down as formally as possible. It really depends if you're just trying to improve your feelings about the process or whether you really want something that you could both rely on in the event of a later split. I don't think getting married would make any make any real difference day-to-day. In law, with rare exceptions, the finances of spouses are independent from each other. However in the longer term, being married would mean your now-wife would have a stronger legal claim on half the equity in the house in the event of you splitting up."}
{"_id": "319163", "title": "", "text": "I still don't understand how a restaurant called Chipolte can be so friggin' bland. Their 'hot' salsa isn't that hot, and the bottles of Tabasco sauce by the soda fountain are in insult. Not to mention the last time I got a burrito, it was lukewarm and mushy. I only wish the location across from my work was a Moe's :("}
{"_id": "319182", "title": "", "text": "\"I'm assuming that all the savings are of 'defined contribution' type, and not 'defined benefit' as per marktristan's comment to the original question. Aside from convenience of having all the pension money in one place, which may or may not be something you care about, there may be a benefit associated with being able to rebalance your portfolio when you need do. Say you invest your pension pot in a 60%/40% of equities and bonds respectively. Due higher risk/reward ratio of the equities part, in the long run equities tend to get 'overweight' turning your mix into 70%/30% or even 80%/20%, therefore raising your overall exposure to equities. General practice is to rebalance your portfolio every now and then, in this case, by selling some equities and buying more bonds (\"\"sell high, buy low\"\"). Now if you have few small pockets of pension money, it makes it harder to keep track of the overall asset allocation and actually do the rebalancing as you cannot see and trade everything from one place.\""}
{"_id": "319189", "title": "", "text": "If you are looking for a suitable flooring for your child\u2019s bedroom, then allow us at Durham Flooring Ltd to help you out. Our vinyl floorings are excellent for bedrooms as these are highly resistant to dirt and dust. They also come in a vast array of colours and designs so you can easily match them with the theme of the bedroom. Visit durhamflooring.co.uk for more details."}
{"_id": "319213", "title": "", "text": "No money is stolen. They don't show you the hold for whatever reason (not so good a bank?), but the money is still yours. You just cannot use it, but it is still on your account. These holds usually go away after a week. In certain cases (like a security deposit) it may take up to 30 days. You can request from the merchant to cancel the hold if it is no longer necessary. They'll have to be proactive on that, and some merchants wouldn't want the hassle. It is however a known issue. When I was working in the banking industry, we would routinely receive these hold cancellation requests from merchants (hotels and car rentals)."}
{"_id": "319220", "title": "", "text": "&gt;Written communication... raises accountability.   In my current workplace, I often think that my managers don't write intentionally exactly because of that.  As opposed to economy, that unfortunately does trickle down.  And we're **not** talking public sector here \ud83d\ude09."}
{"_id": "319234", "title": "", "text": "\"Turbotax community had a similar question. They claim you just put it into \"\"Office Expense\"\".  I never understood why there are so many categories when they are just summed up and subtracted from your income. How can you possibly get in trouble for putting something in a wrong column if the final tax liability doesn't change.\""}
{"_id": "319265", "title": "", "text": "Other than the options pointed out by MoneyOne, I would like to add one more. If the bank that you want to transfer money from has bill pay facility, then you can send yourself a check for the required amount. Then you could deposit this check in the bank where you want to money transferred. I do agree that this is a long way method of transferring money between banks, but this is the only way to do it if your (From) bank doesn't allow bank to bank transfers for your (To) bank or charges you money for each transfer. Normally, most banks give you access to bill pay facility free of charge if you use online banking. I also believe that you could even use it with a savings account, but don't quote me on that. Also, I do know that Bank Of America has started accepting checks through their ATMs, so if your (To) bank does something similar, you would not even need to go to a physical branch."}
{"_id": "319276", "title": "", "text": "First things first, its always good to set the records straight. When you are trying to clear your debt do them one by one and ask the collection agent that you would pay in full only if the records would be deleted from your credit history and most of the collection agencies are happy to take it off your credit report as they are getting the money. This would work generally only when you pay the full amount. I can guarantee you this because I have tried it myself after hearing about it from my friends.  If you have already paid whole amount already then records of your payments generally will not be available after 2 years with any banks even the big ones like Bank of America or Wells Fargo. That means if they don't have the records no body else would because its a burden as your payment is written off. You can file a dispute to credit bureaus for your payment history and if they couldn't provide you the history they have to take your record off your history even they know that you have delinquent history because they don't have enough proof to confirm that. And when you file a dispute its always good to file it by paper as they have to write back and you can ask hard copies of the proofs which are very difficult to get. One more thing if you want to dispute it might take couple of months atleast and you need to have patience because you already might have known how important credit history is."}
{"_id": "319283", "title": "", "text": "Sorry, but you are the exception and not the rule -- and from your description of how stressful the parking and shopping experience is you must be in a large city.  Maybe it makes sense in SF, I never lived there but having worked there it's a PIA to get around.    $60/mo as  added expense to isn't going to work for many.  A large percentage of American grocery shoppers use coupons which indicates how price conscious they are and explains the failed adoption of these grocery delivery services.  My grocery bill is $200/mo so a 30% convenience fee is ridiculous.  Until they can bring cost parity for grocery delivery to the same as I can pickup in store I don't see any of this panning out."}
{"_id": "319307", "title": "", "text": "\"how is this new value determined? According to Publication 551: Inherited Property The basis of property inherited from a decedent is generally one of   the following. The FMV of the property at the date of the individual's death. The FMV on the alternate valuation date if the personal representative for the estate chooses to use alternate valuation. For   information on the alternate valuation date, see the Instructions for   Form 706. The value under the special-use valuation method for real property used in farming or a closely held business if chosen for estate tax   purposes. This method is discussed later. FMV is Fair Market Value - which is the price that a willing buyer would pay for the property with reasonable knowledge of all the facts of the property.  The rest generally apply to farmland or other special-purpose land where the amount of income it generates is not properly reflected in the market value. One or more real estate professionals will run \"\"comps\"\" that show you recent sales in the same area for similar houses to get a rough estimate of fair market value.   Does it go off of the tax appraised value? Tax assessment may or may not be accurate depending on tax laws (e.g. limits to tax increases) and consistency with the actual market. Should you, prior to your death, get an independent appraiser to appraise the value of the property and include that assessment of the properties value with the will or something? That should not be necessary - another appraisal will likely be done as part of the estate process after death. One reason you might do one is if you are distributing different assets to different heirs, and you want to make sure that the estate is divided equitably.\""}
{"_id": "319325", "title": "", "text": "\"&gt;\"\"Autonomous vehicles would hurt us if they spread to trucks,\"\" Buffett told shareholders at Berkshire Hathaway's (BRK.A) annual meeting in May. If self-driving trucks become predominant on the roads, it could steal business from Berkshire owned railroad Burlington Northern, Buffett hinted.  &gt;Buffett acknowledged that autonomous cars are \"\"coming\"\", and could also \"\"hurt\"\" Berkshire's insurance business Geico. After all, driving hands free is much riskier than driving with two hands on the wheel.  It quotes Buffet saying these are bad for his business ....\""}
{"_id": "319329", "title": "", "text": "Your logo and slogan mean very little at this point. Don't waste too much time on them.  Have him spend his downtime going door-to-door. He should introduce himself as a new plumber in the area, and hand them a $100 coupon for free plumbing work, good once per household, for one call, not including parts.  Most plumbing bills are well over a hundred bucks, so he'll still make money on the call, and I'm willing to bet that people will tell their friends about the plumber that's offering a hundred bucks in free labor, partially because most people naturally feel indebted when they get something for free.  Not only that, but one of peoples' biggest fears in calling a plumber is the bill -- getting $100 knocked right off the top is a great way to get past that psychological barrier.  If he does good work, that leads to recommendations. I'd avoid offering referral bonuses -- you want people referring him because he's Jesus with a wrench, not because they get a Starbucks gift card.  That said, make sure he follows up with clients a few weeks to a month after doing work for them, and checks in to make sure they are still satisfied. Happy clients are clients that refer you to other people.  He can also give those coupons to gardeners, maids, or other people that do in-house work. Those people want the referral bonus -- figure out a sensible fee structure. Alternatively, he can offer to refer them to his clients when they need gardening and so on.  Register on Google Maps, Yelp, etc. Plumbing is location-based, so going too broad on the 'net side of things won't help hugely at this stage.  See if your local hardware stores, supermarkets, and so on will let him put fliers or business cards next to the Drano and toilet parts."}
{"_id": "319331", "title": "", "text": "TL;DR: The difference is $230. Just for fun, and to illustrate how brackets work, let's look at the differences you could see from changing when you're paid based on the tax bracket information that Ben Miller provided. If you're paid $87,780 each year, then each year you'll pay $17,716 for a total of $35,432: $5,183 + $12,532 (25% of $50,130 (the amount over $37,650)) If you were paid nothing one year and then double salary ($175,560) the next, you'd pay $0 the first year and $42,193 the next: $18,558 + $23,634 (28% of $84,410 (the amount over $91,150)) So the maximum difference you'd see from shifting when you're paid is $6,761 total, $3,380 per year, or about 4% of your average annual salary. In your particular case, you'd either be paying $35,432 total, or $14,948 followed by $20,714 for $35,662 total, a difference of $230 total, $115 per year, less than 1% of average annual salary: $5,183 + $9,765 (25% of $39,060 (the amount $87,780 - $11,070  is over $37,650)) $18,558 + $2,156 (28% of $7,700 (the amount $87,780 + $11,070 is over $91,150))"}
{"_id": "319348", "title": "", "text": "The economy would be a lot better if more people had money in their pockets to spend. The only ones with money are the GREEDY CEO and managers. The Rich list this year , the top 100 th wealth grew by \u00a3380,000,000,000 ...  I wonder how much better the economy would be better off with some of that money in the workers pockets ?  The only people with a Money Tree are Theresa May, and the rich list. http://i.imgur.com/BGapG2z.jpg"}
{"_id": "319352", "title": "", "text": "This article seems to be less about how Amazon will transform the industry and more about how they can buy their way into anything.   Before we all wet ourselves over this purchase, let's see how they do in the food business. It is a tough, low margin world where goods can't sit on a warehouse shelf forever.   It is good for competition, but it ma more pragmatic about this. It took Amazon 15 years to be profitable in the low margin world. I am sure smarter people than me are driving this, but this is no slam dunk.   People that shop at Costco, Trader Joe's, Safeway or where ever are not going to change because Amazon owns WF."}
{"_id": "319367", "title": "", "text": "People purchase homes and rent them instead of putting their money into other investment vehicles. This drives up property values and makes it more expensive to buy, which pushes more people into the rental market, making it more expensive to rent.  If you lower the returns people make on their rental homes via increased property taxes, some percentage of those individuals would sell their extra homes and put their money into more lucrative investments. That would increase the number of homes on the market, lower those homes' price, and take people out of the rental market as well."}
{"_id": "319375", "title": "", "text": "Technology has been evolving so fast lately that being an entrepreneur became a truly risky game. But, adopting a franchise business may be a good option for you. If you\u2019re thinking about investing in a business like this, TechJOYnT franchise may be just the perfect option. TechJOYnT is one of the Top Education Franchises in United States. A franchise is an already proven profitable business in which the investment may be a little bit higher in numbers but will also assure you to get your company going in short time. Know more about us here: https://www.smallbusinessforums.org/member.php?100644-EvanMeyer"}
{"_id": "319386", "title": "", "text": "Search official county bankruptcy records, bankruptcy discharge papers, bankruptcy creditors listing at lowest cost on web. You can search either of bankruptcy discharge papers, Creditor listing or complete bankruptcy file as per your needs. We have identified a resource to help consumer and business filer can search and find their county bankruptcy court records after getting discharged from bankruptcy court case (All 50 states)."}
{"_id": "319403", "title": "", "text": "As a recent college graduate that's my main piece of advice to every incoming freshman... Take gens eds... If you want to be a paleontologist you are not going to take a semester in Africa to dig up bones your first semester. First semester you are going to take English 101, biology, geography and college algebra so that the rest of your classes make sense."}
{"_id": "319421", "title": "", "text": "Amazon has 2 different cards you can apply for, a store card and a credit card. The credit card is through Chase. The deal is not a scam, I can confirm this because I applied for their credit card and got $70 in the form of a digital gift card. By giving customers free money for signing up for their cards they get more people who are willing to give it a try. Once you have a card, you get benefits like 3-5 percent back on Amazon purchases that will entice consumers to use the card. Amazon likely has an agreement with Chase and they are hoping to get you hooked with the free money and benefits."}
{"_id": "319434", "title": "", "text": "Your logic is not wrong.  But the risk is more significant than you seem to assume.  Essentially you are proposing taking a 2.6% loan to buy stocks. Is that a good strategy?  On average, probably.  But if your stocks crash you might have significant liabilities. In 1929, the Dow Jones dropped 89%.  In 1989, >30%.  In 2008-9, 54%.  This is a huge risk if this is money that you owe in taxes.  If you operate the same system year after year the chance of it going horribly wrong increases."}
{"_id": "319435", "title": "", "text": "I use XE.com for almost the same purpose.  They have free transfer options, such as ACH withdrawals and deposits.  I normally do a online bill payment through my international bank to XE, and have them deposit it in the US via ACH.  It takes 1-3 business days, and there's no fee beyond their small percentage (about 1.25%) on top of the exchange rate."}
{"_id": "319450", "title": "", "text": "I would say minimal price differences.  Stores will need to remain competative, and the difference (if any) will likely be to cover the cost of the transaction that Visa and other card companies charge them."}
{"_id": "319458", "title": "", "text": "I've found you can give the money to charity.  If you text REDCROSS to 90999 for example you can give $10 to the redcross"}
{"_id": "319471", "title": "", "text": "I think the definition of overcollateralization on investopedia will answer this question for you.  Namely this part: For example, in the case of a mortgage backed security, the principal amount of an issue may be $100 million while the principal value of the mortgages underlying the issue may be equal to $120 million. The bond is packed with more mortgages than the face value indicates.  It's effectively sold at a discount to underlying value."}
{"_id": "319477", "title": "", "text": "Say the company has created 500 shares [or whatever number]. You have 10 shares [equivalent of 2%]. Now when new capital is needed, generally more shares are created. Say they create 100 more shares and sell it to venture capital to raise funds. After this happens; Total Shares: 500+100 = 600 You own: 10 shares Your Ownership % = 1.66% down from 2% Like wise for other older shareholder. The New Venture guy gets 16.66% of ownership.   More funds would mean more growth and overall the value of your 10 shares would be more depending on the valuation."}
{"_id": "319489", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/business/grogonomics/2017/oct/08/business-is-booming-australian-consumers-know-better) reduced by 88%. (I'm a bot) ***** &gt; The collapse in spending was also across almost all areas - food, household goods, clothing and accessories, cafes, restaurants and takeaways all saw a drop in spending.  &gt; The only good news was for department stores, but that was of little consequence given in the past year spending in department stores is down 1.4%. The problem is that Australia&amp;#039;s economy is built not on the back of sheep or even from what we dig out of holes, but on household spending.  &gt; Not all consumer spending is on retail trade - it makes up roughly a quarter of all spending by households - but it is a very good indicator of how households are spending.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/753cdg/business_is_booming_australian_consumers_know/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224491 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **spend**^#1 **household**^#2 **good**^#3 **wage**^#4 **year**^#5\""}
{"_id": "319490", "title": "", "text": "In the San Francisco bay area I know the region is putting to use Clipper cards. If you load them with clipper cash that money sticks around until you ultimately use it. The card itself maxes out at like $300 but any excess funneling into the card is kept with Clipper and shows up in your account as like some itemized deposit pending to distribute to your card once the card's balance drops below the limit to the amount that is pending deposit. If you however use the money for something like a month pass which is only good for that month and you don't use the pass to break even then you lose that money."}
{"_id": "319495", "title": "", "text": "&gt; So I don't like zoning laws and I think they're both archaic and stupid. I'm just going to build my house wherever the fuck I want because that's my opinion. If you criticize me for doing that, I'm going to say that I had an obligation to because regulation was bad so following it would be irresponsible.  I find nothing objectionable about this. Zoning laws are archaic and stupid."}
{"_id": "319511", "title": "", "text": "A. At any point of time, PF is the best investment option with fixed returns and capital safety. The best, returns are tax-free if you continue to hold on. Pre mature withdrawal  is possible for  Education or marriage, Medical treatment,Construction or purchase of a flat, house or plot,Repayment of Home Loan. However there are certain conditions/procedures to be followed for the pre mature withdrawal.  A provident fund (PF) is basically a plan to provide financial security after retirement. It is, therefore, not advisable to withdraw any amount from one's provident fund account as PFs are primarily meant for retirement planning, and retirement planning is the most important goal in any person's life. Hence do not touch or withdraw from PF unless and until there is no other option available.  B. Let the PF investments be as it is during your sabbatical. C. When you join a startup, may be they will have less employees. But the PF Act is very clear, any organization employing more than 19 employees ( including contract employees) should compluslory have PF system in place. You can rest assured that PF system will be in ur new company sooner than you expect.    D. There is no other solution for an alternate to EPF. Kindly do not withdraw from EPF and invest in any risky investments. Any investments you make should be in accordance with your assets allocation plan and risk profile. Do revert if you have any more queries.  Regards"}
{"_id": "319518", "title": "", "text": "I'm wondering about the statistic. I'm technically an affiliate for one of these MLM companies but chose specifically not to work the business. I signed up because I like the products and as an affiliate I get a steeper discount than I did as a customer. I know several people who do this. Are they counting us as part of the 99%? Is it really losing money if we're not actively part of the business?"}
{"_id": "319534", "title": "", "text": "Fisher Capital Management World News Latest Update has all the updated news on Korea\u2019s technology and business sectors. We aim to consistently update this site \u2013 several times a day \u2013 to provide you with the latest news from across the globe. This site features all the current trends in technology, breakthroughs in science, condition of the market, background information and in-depth analysis on significant world events. For any inquiries, email us at info@fishercapitalmanagement-worldnews.com"}
{"_id": "319535", "title": "", "text": "I grew up in Massachusetts, where there is a dunkin donuts fucking everywhere, and many people go there every day, and I could not agree with you more, even though I would probably be shot and left in a marsh somewhere if I said it out loud."}
{"_id": "319555", "title": "", "text": "Option A - you sell the house and then use the money to pay off a portion of your second mortgage. The return on that investment is 5.5% a year, or $1925 net. Option B - you rent it out, that will bring  you $5220 (435 x 12), more than 2.5 times option A. That's not counting any money going towards the principal of the loan. Given that you'll be using a property management company, you can be fairly certain that there won't be any unexpected expenses (credit check, security deposit should take care of that) Option C - you invest the money somewhere else. You'll have to get 15% return in order to beat option B. I don't think that's sustainable.  You should talk to a CPA about the tax implications, but I'm fairly certain that you'll do better tax wise to rent it out, since you can use depreciation to lower your tax bill.  Finally, where do you think real estate prices will be in 4 years? If you think they'll increase that's another reason to hold onto the property and rent it.  Finally finally, if you plan to rent it out long term (over 4 years), it will be a good idea to refinance and lock the current interest rate."}
{"_id": "319560", "title": "", "text": "If you did not separate out the fridge for depreciation, you just had it part of the house. A 27.5 year depreciation that you can calculate. You might have made or lost some money. You should depreciate the new one stand alone, on the 5 year depreciation schedule @littleadv notes in his answer."}
{"_id": "319568", "title": "", "text": "\"To know if a stock is undervalued is not something that can be easily assessed (else, everybody would know which stock is undervalued and everybody will buy it until it reaches its \"\"true\"\" value). But there are methods to assess the value of a company, I think that the 3 most known methods are: If the assets of the company were to be sold right now and that all its   debts were to be paid back right now, how much will be left? This   remaining amount would be the fundamental value of your company. That method could work well on real estate company whose value is more or less the buildings that they own minus of much they borrowed to acquire them. It's not really usefull in the case of Facebook, as most of its business is immaterial. I know the value of several companies of the same sector, so if I want   to assess the value of another company of this sector I just have to   compare it to the others. For example, you find out that simiral internet companies are being traded at a price that is 15 times their projected dividends (its called a Price Earning Ratio). Then, if you see that Facebook, all else being equal, is trading at 10 times its projected dividends, you could say that buying it would be at a discount. A company is worth as much as the cash flow that it will give me in   the future If you think that facebook will give some dividends for a certain period of time, then you compute their present value (this means finding how much you should put in a bank account today to have the same amount in the future, this can be done by dividing the amount by some interest rates). So, if you think that holding a share of a Facebook for a long period of time would give you (at present value) 100 and that the share of the Facebook is being traded at 70, then buy it. There is another well known method, a more quantitative one, this is the Capital Asset Pricing Model. I won't go into the details of this one, but its about looking at how a company should be priced relatively to a benchmark of other companies. Also there are a lot's of factor that could affect the price of a company and make it strays away from its fundamental value: crisis, interest rates, regulation, price of oil, bad management, ..... And even by applying the previous methods, the fundemantal value itself will remain speculative and you can never be sure of it. And saying that you are buying at a discount will remain an opinion. After that, to price companies, you are likely to understand financial analysis, corporate finance and a bit of macroeconomy.\""}
{"_id": "319599", "title": "", "text": "Well I'm not going to advise whether it's a good idea to invest in this company (though often OTC is pretty scary), but it DOES have a product (vivio, an ad blocker), it did post financials and it's trading on the OTC-QB (which is better than the pink sheets), so you need to look these over and study up on the product to decide if it is overpriced or not.  What might have occurred (viz the Patriot Berry Farm becoming Cyberfort) is that the latter bought up the stock of the former (this is, I believe, called using a shell, which is not necessarily a bad thing) and is using this as a way to be registered, i.e. sell to non-accredited investors via the OTC market.  So I'm really just answering your third question:  yes, you have to do a lot of due diligence to see if buying this stock is a good deal or not.  It might be the next big thing.  Or it might not. It certainly is the case that low trading volume allows a relatively small trade to really change the stock price, so the penny stocks do tend to be easier to 'inflate'. Side comment:  the bid/ask spreads are pretty big, with a best bid of 0.35 and best ask of 0.44."}
{"_id": "319600", "title": "", "text": "Okay, using your example, you sat around and waited for the robber. You knew he was coming, matter of fact the robber told you the exact day he was going to come knocking on your door... April 15th. And he was going to take thousands from you... and yet you sat, did absolutely nothing, except bend over and give it to him. What does that make you?"}
{"_id": "319606", "title": "", "text": "It's to legally allow you to buy/ sell securities on behalf of others and to give advice. Different tests allow different things. 66 is for the basics: stocks and bonds etc. I believe 31 is for insurance or something. I'm not too sure the specifics I'm probably wrong about which test is which though."}
{"_id": "319611", "title": "", "text": "Downvoted.  I am opposed to women in the workforce other than those that work for me.  Women in the workforce lower our birthrate and therefore economic growth and investment returns.  It's also annoying working with women even if they are genuinely better than men at certain things."}
{"_id": "319625", "title": "", "text": "Well there you go. Not so hard after all. If those two are indeed his major motivations, I wonder which one is more important to him.   He also is a strong proponent of deregulation. Its interesting that he has decided to side with the group that agrees with him economically to change their social and moral views instead of the other way around."}
{"_id": "319627", "title": "", "text": "Hmm, I see so the difference between a capital account flow and a current account flow is whether the capital belongs to a citizen of the country or not.  You mentioned that moving to a country i.e. immigration is also another remittance flow. So if a country suddenly received a large number of rich immigrants, it would show up as an increase in the current account?"}
{"_id": "319673", "title": "", "text": "\"When did I say that?     All I said was that my success had nothing to do with luck. Partly because I did more than just work hard and partly because there is *no such thing as luck*.    They may be working just as hard or harder than me, but are they doing all the right things to increase their chances of success? Did they major in business or journalism? Do they network, or is that \"\"a fucking bullshit game\"\" they don't want to play? Do they ask for letters of recommendation, or think that people just automatically write them and know where to send them? I've actually met many people who think it's rude to ask for a letter of recommendation. Do they use their resources wisely or spend their student loan money on Macbooks and iPhones? There's more factors at play than simply the number of hours they work in a day or their GPA.\""}
{"_id": "319674", "title": "", "text": "\"You're not making any sort of a persuasive argument why predatory HFT should be allowed to levy a tax on the system. Yes, computer trading is heck of a lot better than paper trading. You're citing an article from 2010 that states things I'm not even arguing against as somehow supporting this \"\"tax\"\", the mechanisms of which the author was not even aware of at the time.   There is no valid argument for why this tax is necessary or good for anyone but the firms profiting from it. I'm all for lower spreads and near instant order processing, but that doesn't excuse some greedy prick from scalping my 401k a point or two of compounding interest every year.\""}
{"_id": "319678", "title": "", "text": "I had a cat growing up--most of the time I was the one who got her supplies.  It was never an issue."}
{"_id": "319692", "title": "", "text": "We fired some middle management who can take the blame for the ridiculous and unattainable goals we put in front of them.   We told them to perform or lose their jobs and you'll be happy to know they lost their jobs anyways..  We also shat in their boxes of personal items on the way out the door.   Thank you for trusting that we can find new scapegoats."}
{"_id": "319700", "title": "", "text": "Useless junk is cheap as hell and everyone can afford. Rent/mortgage and healthcare? They're the killers. I would really rather be able to afford a roof over my head and a doctors visit than a new electronic. But I guess it is what it is."}
{"_id": "319702", "title": "", "text": "One other point to consider is that cash offers often include no contingencies. That is, the offer comes in and if the seller signs then the deal is done, without any chance that the buyer backs out. As you can imagine, this is an attractive option in some situations."}
{"_id": "319709", "title": "", "text": "As far as I know. Ford didn't take bailout money.  Ford sells so many more trucks because they consolidate all their sales under one brand. GM has Chevy and GM trucks - they're identical except for the branding, so they are tracked differently. On the other hand I think even the aggregated sales of GM and Chevy is smaller than the sales of ford trucks.   They're just good trucks, reliable and well trusted. Like the Camry is for a car."}
{"_id": "319715", "title": "", "text": "This hasn't spread as far because Fry's isn't very well known on the Internet in comparison since they only operate in a few states - but they're dying far, far faster than Best Buy. Just last week, their Sacramento location had not one single hard drive in the whole building. Why? Well, it turns out, they're months behind on paying their vendors.  http://frysforum.com/discussion/2930/confirmed-frys-electronics-in-financial-trouble/ There's a few source links in there, and it jives with what my old coworkers who haven't escaped yet tell me."}
{"_id": "319717", "title": "", "text": "I remember going there with my friends when they had... 15 or 20 cent wings (I think). This was something like 10 years ago. But we would eat a lot of wings, buy lots of drinks and end up spending a good amount of money.  I went with my family a few months ago. Wings were 50 cents each (I think), one was raw in the middle, they barely covered the wings in sauce, some tasted old, they were smaller and thinner. I didn't order any other drinks, I tipped poorly because the food sucked (well, the service did too - was it too hard for the server to catch the wings that obviously looked uncooked and stop at our table more than once? Poor management as well I suppose), and won't be going back.  So... I guess the new thing is to blame Millenials (although, I'm Gen X) because they don't want to pay for poor quality, overpriced food. How dare they not support inferior business practices!"}
{"_id": "319729", "title": "", "text": "These rumors are here just to help dollar stay alive. Euro have problems, but they are rather solvable, unlike dollar situation. Even if something wrong would happen - countries would return to their national currencies, mainly Germany & France are important here. This does not means that EuroUnion would be destroyed - some countries live in EU without Euro and they are just fine."}
{"_id": "319734", "title": "", "text": "Specific to the inquiries, from my Impact of Credit Inquiries article -    8 is at the high end pulling your score down until some time passes. As MB stated, long term expanding your credit will help, but short term, it's a bit of a hit."}
{"_id": "319737", "title": "", "text": "You assume that the government is a god and all things exist only because of it. You are the zealot here fighting against a competing option and opinion. Every church wants to believe it is the one true church and non believers should be punished for their non belief. Statism truly has become the next wave religion."}
{"_id": "319749", "title": "", "text": "Again I don't know how well this applies to all finance professions but in my field a lot of what we do is effectively communicate finance and valuation information to clients. Essentially we are contracted to perform analysis, then we write a report conveying the meaning of that analysis to the client.  A good amount of the work we do often has legal implications as well so our writing has to stand up to litigation and cross examination.  Perhaps being a good writer won't be crucial for your position but in my opinion writing is mostly about how to effectively communicate an idea. In that context writing is very useful in teaching you how to get your message across.  I hope that makes sense."}
{"_id": "319760", "title": "", "text": "Great question and great of you to be paying attention to this.  Right now having the ability to save $2K per year might seem very out of reach.  However with the right career path and by paying attention to personal finance saving 2K per month will become possible sooner than you may think. As a student you are already investing in your future, by building your greatest wealth building tool:  your income.  Right now concentrate on that.  If you have extra money throw it in a boring old savings account and don't touch it other than emergencies.  An emergency is defined as something that will preclude you from completing your education.  It is not paying for the latest xbox game/skateboard/once in a lifetime trip. An important precursor to investing is having an emergency fund that sits in a boring old savings account earning almost nothing.  Think of it as an insurance policy that prevents you from liquidating your investments in case of and emergency.   Emergencies often come during economic downturns.  If you have to liquidate your investment to cover these times then you will lock in negative returns.    Once you are done with school, moved into a place of your own, and have your first job you will have a nice start on your emergency fund.  Then you can start investing.  Doing it in the right order you will be amazed how quickly your savings can accumulate.   I'd be shooting for that 2 million by the time you are 40, not 65."}
{"_id": "319773", "title": "", "text": "I have heard that it is better for your credit score to pay them down over time. Will it make much of a difference? I have never heard that, however, the financial institutions (who are charging you an amount of interest which was at one time in the not so distant past classified and punishable in state criminal codes) really enjoy you thinking that way. You are clearly capable of doing the math yourself. While I don't know the exact numbers, I am totally confident that you will find in about 5 or 10 minutes (if that long) that eliminating debt of any kind in your life will pay an immediate return that beats the great majority of other investments in terms of risk/reward. After the immediate financial return, there is a quieter, subtler, and even greater long term benefit. Basic principle: Highest Rates First Perhaps this decision could be considered slightly less important than deciding not to smoke during your youth; but I would put it as a close second. You are already in a position where you can see the damage that your prior decisions (about financial debt) have produced. Run the clock back to the time in your life when you were debt free. Now, pay off that debt with the big check, and start from zero. Now, turn on your psychic powers and predict the same amount of time, in the future, with the same amount of money (don't even try to adjust for inflation; just use flat dollars) WITHOUT losing the money which you have given to the financial institutions during this previous part of your life. Do you now see why the financial institutions want you to think about slowly paying them off instead of waking up tomorrow without owing them anything ?"}
{"_id": "319783", "title": "", "text": "I really miss the days when companies just made something that I wanted and my consumer decisions were based on value.  I absolutely abhor all this division of corporations into left/right.  I shouldn't have to think about which political party I support when I buy deodorant."}
{"_id": "319785", "title": "", "text": "My problem is these massive national/global companies don't give a shit about their employees. Why care where there's a thousand more that will work harder for less. They are taking advantage of us. If your business cannot sustain itself while properly paying it's workers, it isn't a business that should exist. Why do I need to make shit when my CEO makes millions upon millions. Trickle down my ass."}
{"_id": "319786", "title": "", "text": "When an someone as esteemed and smart as Donald Knuth tells you the chequing system is busted it's time to close your cheque account, or I guess live with the associated risk. Answer to question, yes your account information can be used to commit fraud on you via your bank."}
{"_id": "319793", "title": "", "text": "You talk about an individual not being advised to sell (or purchase) in response to trends in the market in such a buy and hold strategy. But think of this for a moment: You buy stock ABC for $10 when both the market as a whole and stock ABC are near the bottom of a bear market as say part of a value buying strategy. You've now held stock ABC for a number of years and it is performing well hitting $50. There is all good news about stock ABC, profit increases year after year in double digits. Would you consider selling this stock just because it has increased 400%. It could start falling in a general market crash or it could keep going up to $100 or more. Maybe a better strategy to sell ABC would be to place a trailing stop of say 20% on the highest price reached by the stock. So if ABC falls, say in a general market correction, by less than 20% off its high and then rebounds and goes higher - you keep it. If ABC however falls by more than 20% off its high you automatically sell it with your stop loss order. You may give 20% back to the market if the market or the stock crashes, but if the stock continues going up you benefit from more upside in the price. Take AAPL as an example, if you bought AAPL in March 2009, after the GFC, for about $100, would you have sold it in December 2011 when it hit $400. If you did you would have left money on the table. If instead you placed a trailing stop loss on AAPL of 20% you would have been still in it when it hit its high of $702 in September 2012. You would have finally been stopped out in November 2012 for around the $560 mark, and made an extra $160 per share. And if your thinking, how about if I decided to sell AAPL at $700, well I don't think many would have picked $700 as the high in hindsight. The main benefit of using stop losses is that it takes your emotions out of your trading, especially your exits."}
{"_id": "319800", "title": "", "text": "You could try to refine your options strategy:  For instance you could buy the USD 750 call option(s) you mentioned and at the same time sell (short) call options with a higher strike price, which is above the share price level you expect that Apple will trade at in one year (for instance USD 1,100).  By doing this, you would receive the premium of the call option(s) with the higher option, which in turn would help you finance buying your USD 750 call(s). The net effect of this trading strategy would be that you would give up the extra profit you would earn if Apple would rose above USD 1,100 (the strike price of the call option sold short). Your total risk would be even less than with your actual strategy (in my view)."}
{"_id": "319814", "title": "", "text": "There are, if by competitors you mean Internet providers who can offer gigabit service at a reasonable price. It just takes an incredible amount of initial capital investment to get started and likely face NIMBY bullshit red tape and sweetheart legacy deals, so most if these competitors are small in scope. For example, I have service from a provider that offers gigabit service, Condo Internet here in Seattle. But even they are limited to only certain buildings, because they just don't have much capital to expand yet."}
{"_id": "319817", "title": "", "text": "Summarized article: Huawei and ZTE, China's two largest telecommunications companies, disputed the findings of a report by the House Intelligence Committee which determined that both companies pose a national security threat.   The report determined that using equipment from Huawei and ZTE could provide opportunities for Chinese intelligence services to tamper or spy on US telecommunications networks.   Huawei and ZTE failed to cooperate with a year-long investigation and to fully explain their relationship with the Chinese government, according to the report.   Additionally, the report noted Huawei's pattern of illegal behavior in the US, including intellectual property violations, immigration violations and bribery and corruption. Committee officials intend to refer their findings to federal law enforcement agencies.  In response to the report, both Huawei and ZTE said they fully cooperated with the congressional investigation and called the findings baseless. They also deny they are controlled by the Chinese government.   Additionally, Huawei said it believes the congressional findings were predetermined in order to impede competition and block Chinese telecommunications companies from entering the US market.   Although Huawei often refers to its business operations in the United Kingdom to show the company's integrity, Huawei has been consistently passed over for contracts in the US. Huawei was also blocked from bidding on an Australian national contract in March.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "319818", "title": "", "text": "\"Some history: In the US, this is very tightly controlled and regulated. Although stock market securities insider trading is a relatively new crime around the world (20-30 year old), the United States  is exceptional for offering the longest sentences for it, although it is still far more lucrative than and carries lower sentences than something like petty larceny. The perception of illegal insider trading has changed in the US over the years, although it is based on much older fraud statutes the regulators and the courts have only really developed modern case law against insider trading in the past 20-30 years. The US relies on its vast network of registered broker-dealers to detect and report abnormal trading activity and the regulator (SEC) can quickly obtain emergency court orders from rent-a-judges (Administrative Law Judges) to freeze trader's assets to prevent them from withdrawing, or quickly enacting sanctions. So this reality helps deter trading on material inside information. So for someone that needs to get an information advantage on the market, it is [simply] necessary for them to rationalize how this information could be inferred from public sources.  Similarly there is a thin line between non-public information and public information, the \"\"lab experiment\"\" example would be material insider information, but the fact that there will be litigation over a company's key patents may be \"\"public\"\" as soon as the lawyer submits the complaint to the court system. It is also worth noting that there are A LOT of financial products trading in the capital markets, and illegal insider trading laws only applies to trading of shares of a company. So if a major holder in gold is about to liquidate all their holdings, being short gold futures is not subject to civil and criminal sanctions. Hope this helps. The above examples should help you understand what kind of information is material inside information and what kind is not, and how it is relevant to trading decisions.\""}
{"_id": "319836", "title": "", "text": "Three points for you to keep in mind. 1. In the very first year, you should have 182 days outside India. So that in the year when you start your consultancy, you will not have any liability to pay tax on earning abroad. 2. Although you may be starting a consultancy abroad, if you do any services in India, there will be withholding tax depending on the country in which you have started the consultancy business. 3. Whatever money you repatriate is not taxable in India. However, if you you repatriate the money as gift to anyone who is not a relative, will be taxed in his/her hand."}
{"_id": "319840", "title": "", "text": "And this distinction is a HUGE difference. Both for the employees and the corporate. Even though the article doesn't say if all the franchises decided to kept all the employees who used to work for the corporate (few months down the road), as someone who have worked in the franchise business (not burger king) at different level, I will bet my money that a lot of them lost their job.  The whole reason why BK sold them off as franchises because as a corporate they couldn't maintain the overhead and since fast food businesses has ridiculously low margin, I wouldn't be surprised to maintain profitability the franchise owners got rid of a lot of them.  So its not too far off to say that all these people were fired by corporate but the franchise owners decided to keep (probably) most of them out of convenience for the short term but probably lost the job few months down the road."}
{"_id": "319842", "title": "", "text": "\"It holds your hand and spoon feeds you answers. And they're oftentimes not even good answers.  Worse yet, if you try to solve the problem in another fashion than what's been designed for you, you'll get cryptic error messages that borderline on buggy.  I'm no expert, but I'm a completely self taught software engineer who does this stuff 40+ hours a week in a professional capacity. I personally prefer the \"\"write a function that passes the unit tests\"\" approach, as it's considered a best practice nearly everywhere you go.\""}
{"_id": "319883", "title": "", "text": "There's many different stories of robinhood going back to the middle ages, but if you're talking about the disney movie where he's a fox then yes, but he's robbed hundreds of rich people to give money to the poor, most not part of the king's government."}
{"_id": "319891", "title": "", "text": "&gt;They would get caught on other crimes, and then rat you out for immunity.  I'm not sure I buy the major premise of that implied syllogism:  Those who commit a crime will commit other crimes.   My friends will be committing a crime.   \u2234 My friends will commit other crimes.   Will those who commit a crime necessarily commit other crimes? Perhaps there's a tendency which could be demonstrated, some correlative relationship, but it seems you're assuming that the commission of one crime means there will be commissions of additional crimes."}
{"_id": "319894", "title": "", "text": ""}
{"_id": "319902", "title": "", "text": "\"Wall Street: Unloading onto the muppets, BRB...  On a serious note, WF has a TBTF put on them. The shorting opportunity likely already came and went. The central banks have issued a global put on equities and real estate for about the last decade, they're unlikely to now say, \"\"oops, our bad, we'll retract that put starting with WF\"\" over this. The associated market disruption isn't worth the positive electorate optics. They'll opt to try to surgically fix the scandal; find and fire highest executives feasible, pay a fine, move on.\""}
{"_id": "319910", "title": "", "text": "They are a distributer. They're not doing anything but making products available. If Shimano wants to sell me a reel and I don't like Bass pro now, I'll go to Shimano website. easy. Or you know, another company who can do it better can come along. My main point is this isn't like a utility company that has a monopoly where you only have one choice on how to get gas to heat your home in the winter.  That have much different powers and potential problems."}
{"_id": "319911", "title": "", "text": "I could be wrong, but the minute I read this I immediately assumed that this is the beginning of the end of good customer service at Virgin. The flight attendants are going to be just like the other airlines now: Old, grouchy, and not giving a fuck."}
{"_id": "319915", "title": "", "text": "\"There's a cliche, \"\"out of the frying pan and into the fire\"\". I've never had the occasion to use it till now.  I understand some people find they have a dozen cards and struggle to keep organized. An extra percent or two seems worth the feeling of just one payment to make. In your case, 3 checks (or online payments) per month shouldn't push you to a bad decision. Twice the interest? No thanks. Just make the minimum payments on the two lower rate cards, and pay all you can to the highest rate. Do all you can to cut expenses. The only way out of this is to change your habits avoiding what got you here in the first place.\""}
{"_id": "319920", "title": "", "text": "Two methods:  1: Become really close friend with Marky. Probably have to take a bullet for him or something.   2: Become a major client of the investment bank that will launch the IPO (most likely Goldman), and the bank will offer you some shares before the IPO. In order to become a major client you probably have to spend several millions per year in transaction fee."}
{"_id": "319922", "title": "", "text": "I'm actually building a UK stock screener right now. It's more of an exercise in finding out how to work out technical things like MACD and EMA calculations, but if those are the things you're interested in, it's at  http://www.pifflevalve.co.uk/screen-builder/ As I say, it's more of a personal project than anything commercial, but it's fun to play with."}
{"_id": "319928", "title": "", "text": "I switched from engineering into finance, into an entry level position as an analyst on the investment side. I can tell you about my experience and how I did it.  Yes, it is incredibly hard to get a position on the buyside. Investment management doesn't scale well with numbers, adding more analysts typically doesn't improve results (i.e. Buffett and Munger made all the investment decisions at Berkshire Hathaway, the most successful investment team is a two man team running more than a hundred billion dollars of assets). So teams are very small. A large amount of money goes through the hands of very few people, so naturally the pay is very big. The recruiters are not lying when they say there are hundreds of applicants chasing each one of those jobs.  I tried asking my friends and family, but being a first generation American, most of the people I know are blue-collar types that work with their hands. I had some success tapping into the alumni network, I got many responses with advice but no interviews. It doesn't help that the finance world is currently shrinking and there are talented people losing their jobs. I had the most success attending my schools career fair. If you graduated from one of the top schools, the firms that are recruiting will still show up. Also, check your schools career office. All the top schools I know of have on-campus interviews. They are generally open to alumni. It is summer right now, but on-campus recruiting season will start in the fall. You should be able to get some interviews through your school.  Now the most important thing you need to do is to differentiate yourself. What are you doing right now? Are you working in some other area of finance or a different field altogether? I think the best way to do it (and it is how I did it) is to invest your own money. If you are in an interview and you say you invest your own money, you are pretty much guaranteed that you will be explaining one of your investment theses for the next half hour. This is effectively what you will be doing in the real job if you get it. Firms want to hire someone who can start working, they don't want to pay you that big money only to find that you can't do anything for the next year or two before they cut you. So you have to prove that you can do the job. Interns do it by working for cheap for a summer or two. Someone who graduated already can do it by claiming that they do it on the side, and then backing that up by being able to explaining positions intelligently (you will NOT get the job if it looks anything like /r/investing). There is also something hypocritical if you say that you should be paid boatloads of money because you are capable of managing money well (that is what you are claiming by applying to an investment job) and you don't manage your own money and you haven't formulated any investment theses. Students typically won't be able to do this because they don't have any money to invest, so they get their jobs through the internship route."}
{"_id": "319954", "title": "", "text": "I am using ING for my emergency savings, but sometime last year I discovered SmartyPig. As of 4/24/2010 they offer 2.1%, which is even better than the 1 year CDs at most banks. I've switched two small accounts to SmartyPig and plan to switch my emergency savings. Their accounts are geared around monthly contributions, but you don't have to use that feature."}
{"_id": "319961", "title": "", "text": "\"These good rates all tend to be \"\"on up to $X\"\" where X is some low'ish number that could require multiple accounts. They often also come with other strings, like set up automatic deposits/withdrawals, and use debit card at least 15 times per month. The two you mention have these flaws, whether or not it's worth it depends on if you are happy to meet those requirements and how big your emergency fund is.  Personally, I'd rather get rewards on a credit card than use a debit card, and I don't want to open a bunch of accounts, so I have a boring savings account with a pretty low interest rate for my emergency fund. It's liquid, earns some interest, and I don't have to think about it.\""}
{"_id": "319965", "title": "", "text": "Fear tactics posted above, likely by IRS agents. Yes, you qualify based on the residence test. You perform your work outside the US. You gather business data in a foreign country. The income is excluded."}
{"_id": "319975", "title": "", "text": "Both will grow at the same rate. If everything else was equal:fees, investment options, flavor (Roth or deductible); Then I would put the money into the 403B.  Why? putting the money into the 403b directly from your paycheck during the year allows you to have all of the $5,500 available to make an end of the year contribution, or to put the money from your tax return into the IRA. While $4,800 is less than $5,500. it is close enough that If you realized late in the calendar year that you had an extra $1,000 you wanted to contribute to your retirement, there wouldn't be enough room left to contribute."}
{"_id": "319991", "title": "", "text": "\"&gt;I think tax and spending reform would go a long way to allieviating the \"\"upward\"\" flow of capital over the last few years.  Probably. The problem is that laws are written by and for these guys, and not against them. I don't see how such a reform can ever pass.\""}
{"_id": "319992", "title": "", "text": "For most of the people who are involved in the activity of investing in online stock trading, there will be the need of online brokers. With the investments in the online trades, people will be required to put their stock accounts in a particular platform. To know more about the best online brokers for stock trading, log on to http://www.stocktipsblog.com/"}
{"_id": "319996", "title": "", "text": "Anything related to the central bank will have a large impact, as they are the ones who determine interest rates, and interest rates have a big effect on currency flows.  GDP is also important, as when there is an economic slowdown it may result in the central bank reducing rates to boost economic activity. The opposite is also true, large increases in GDP may mean that an interest rate hike might be needed. Inflation data is also very important. Again, large changes in inflation either way may push the central bank towards changing rates. This data typically is in the form of CPI Note that each central bank is different. They all have specific mandates and specific pieces of economic data that they place emphasis on. The Federal Reserve as of late has closely been watching inflation data, especially wage inflation data, and employment. Significant deviations in these data points from whats expected by investors can greatly move the market. However, these specific factors are a little less important for, say, Mexico, which is mostly concerned with headline inflation. Read the statements issued by the central banks to find out whats important to them. Central banks also issue expectations for things like growth, CPI, etc. If these expectations are not met, it may result in a policy change, or at least talk of a policy change, at the next meeting of the central bank. Anticipating these policy changes and trading accordingly is one strategy to be a profitable forex trader Also, there are several forex news calendars online that indicate what is likely to be high impact news. These can be helpful starting out."}
{"_id": "320012", "title": "", "text": "There is a startup targeted specifically to serve you for the situation you describe:   - http://peertransfer.com There are other methods.  CurrencyFair is one service that might help:  - http://currencyfair.com And, there is bitcoin.  Because it is new yet, there aren't very liquid markets where bitcoins are exchanged for Rupees or Yuan at decent rates at the present.  Once you receive bitcoins transferred to you however, those funds are easily transferred to your B Of A account (using Dwolla to send via ACH to your bank).  - https://en.bitcoin.it/wiki/Buying_bitcoins"}
{"_id": "320019", "title": "", "text": "\"Random question: are there any companies with \"\"physical,\"\" \"\"real,\"\" or \"\"in-kind\"\" dividends?   For clarification, suppose a winery offers a security with a dividend of X bottles of wine deliverable annually for every Y amount of shares owned.   Does such a company or practice exist?\""}
{"_id": "320021", "title": "", "text": "Sorry if I came of harsh, I've spent the last few years starting small businesses, and that's the most consistent message I've come across. Ideas don't get bought.   I know your research seems valuable to you, but these companies likely pay $3-10-50k for massive research studies that come in the form of custom written books. Your work has to be unique, thorough, and well presented on a level that can compare to be valuable to them. It would be far easier to sell them an existing client base, a phenomenal team, or better yet, defensible IP."}
{"_id": "320044", "title": "", "text": "\"If or when you \"\"own\"\" your land outright you need to try and get the land patent on it. That is the supreme form of title to it. It goes back to when the land was acquired by the U.S. (from Britian, France, etc.) by treaty. Treaties trump even our Constitution. When you have a land patent.........IT'S YOURS! That link is to my site but this was so relevant that I had to include it. Hope y'all don't mind.\""}
{"_id": "320059", "title": "", "text": "There is a psychological aspect to this as well - especially when the title refers to fear.  If a businessman takes on debt to support a known good business, people are generally more comfortable than when an unemployed guy is drowning in debt.  There is a difference in perception - and it applies to nations as well."}
{"_id": "320060", "title": "", "text": "I honestly don't understand this sense of entitlement to being able to use your own device.  By giving an employee access to sensitive data on their own device, you are taking a risk that the company cannot technologically or legally mitigate. In the UK it would be a de-facto breach of the Data Protection Act.  If there was a rootkit on an employee's phone or laptop, and they got access to any sensitive data then game over.   This is not about inconvenience, it is about not costing the companies in question billions in fines. It is simply not worth it - especially as most employees are perfectly capable of losing work computers on trains and so on, so trusting them to look after their own system security is asking a bit much.  What happens if they lose their own laptop? A work laptop can be set to self destruct, but few employees are going to let their companies have that level of control over their laptop. And, here in the UK, if sensitive data is lost in that way and can be recovered using forensic tools then - bam - fines. A company has a legal obligation to ensure that their employee's and customer's data is safe, and any data accessed on a phone or laptop is still stored somewhere on that phone or laptop.  Third party software like Dropbox is notoriously insecure, too, so that shouldn't ever be used on a machine containing sensitive data. It's hard enough getting employees to take security seriously before exponentially increasing these risks as you describe."}
{"_id": "320073", "title": "", "text": "Fisher Capital Management: Leading 10 Monetary Suggestions  Posted on 17/10/2011 by fcminvestment Even though resolutions boost financial condition a great idea to accomplish in any period for year is for numerous persons discover this less difficult from the starting of the New Year. Irrespective of any time one start, the fundamentals stay identical. Fisher Capital Management shares recommendations in order to be in advance monetarily.  1. Be Compensated How Much you are worth and Save Some Part of It  This appears easy; however countless individuals have difficulty having this specific initial fundamental principle. Be positive and understand exactly what your task is worth within the industry, through executing the assessment of your expertise, productiveness, career responsibilities, involvement to the firm, and the current fee, equally within and beyond the organization, regarding what you perform. Becoming under compensated actually a thousand bucks a year may possess a substantial collective result more than the actual process of one\u2019s employment existence.  Irrespective of the amount or perhaps how small you are compensated, you will in no way obtain be advance in case one devote far more compared to a person gain. Frequently it is less difficult to invest much less compared to this will be to make much more, and the small efforts within the amount of places may outcome in large savings. This will not usually have that which includes producing large sacrifices.  2. Adhere to the Price Range  How many people understand when the funds will be heading when one never budget? How does a person can easily established investing and saving targets when one never understands in which the cash is actually heading? People require the budget whether or not a person creates thousands or perhaps hundreds of thousands of bucks a year.  3. Settle Credit Card Accounts  Credit card financial obligation is actually the number one hindrance to becoming ahead monetarily. These small items of plastic tend to be so convenient to utilize, it is therefore very easy to overlook that it is actual cash we are coping with whenever you whip these away to pay out for any transaction, big or even little. In spite of the great resolves in order to shell out balance away swiftly, the truth is that it usually will not, and wind up having to pay much more regarding issues compared to   make paid off when you made use of money.  4. Chip in towards the Pension Program  When the company has a 401(k) plan and a person do not contribute to this, you are running away through one of the finest discounts right there. Request the boss if they have the 401(k) plan (or even comparable program), and sign up right now. In the event that you happen to be contributing, attempt to increase the contribution. In case the company will not provide the pension program, think about the Individual retirement account.  5. Make Financial Savings Program  You might have discovered this before: Pay for yourself first! If perhaps a person delay till you have satisfied most ones monetary commitments prior to finding what is remaining around for saving, probabilities tend to be you will in no way possess a wholesome financial savings accounts or perhaps opportunities. Deal with it in order to fix apart the minimal for 5% to 10% of the income to get savings prior to shelling out the expenses. More desirable however, get cash instantly taken off through the income and deposit straight into a distinct account.  6. Make Investments!  Should you are contributing  the pension program and the savings account as well as one may also handle to set a number of funds in to some other ventures, all the  far better.           7. Improve Ones Career Rewards  Work benefits such as the 401(k) program, flexible expenditure consideration, healthcare as well as dental care coverage, and so on. are usually valued at huge money. Try to make certain you will be making the most of your own and also getting benefit of these kinds which can easily help save cash through lowering taxation or perhaps out-of-pocket expenditures.  8. Evaluate Ones Coverage Protections  Overly numerous individuals tend to be though in to spending  a lot regarding life and impairment coverage, no matter if it is through incorporating all these protections to automobile mortgages, purchasing whole-life insurance  if term-life creates a lot more feeling, or perhaps purchasing life insurance any time one possess absolutely no dependents. In the different side, it really is essential to an individual get sufficient insurance coverage to be able to safeguard the loved ones and also the earnings in the event of fatality or possibly impairment.  9. Revise Your Current Will  70% of American citizens do not possess a will. In case a person have dependents, irrespective of just how small or what amount a person own, an individual need a will. When the predicament is not very difficult a person may actually carry out the personal plan just like WillMaker through Nolo Press. Safeguard your own cherished family members. Create your will.  10. Maintain Suitable Data  When a person do not maintain useful data, you are most likely in no way proclaiming all the allowable revenue taxes deductions as well as credits. Established a method today and utilize this each of the year. It is a lot simpler compared to rushing in order to discover all the things from taxes period, just to skip things which may have rescued a person capital."}
{"_id": "320090", "title": "", "text": "Not a problem because people in the US are all borderline braindead and ruled over by profit-crazed maniacs.  In contrast with the unblemished Europeans who shit rainbows and prance around on unicorns smiting the rich and handing out money to the poor.    If you think there is any fundamental difference in the way giant corporations do things, anywhere, you are beyond naive."}
{"_id": "320092", "title": "", "text": "Drop shipping is the term your looking for. Stay away from anything overseas, drop-shipping from anywhere other than where your primary market is located can be a nightmare.  Research the company your going to use pretty heavily. Try to talk with someone on the phone and ask them questions. Ask them about pricing, billing terms, shipping procedures, returns/exchanges and things of that sort.  Remember, even if your not physically handling the merchandise you are still responsible for the business. It doesn't need to be complicated but it does need to done responsibly. It is a business after all!"}
{"_id": "320098", "title": "", "text": "&gt;government free utopia  You are fallaciously asserting that I think elimination of government would result in a utopia. I do not believe that *anything* will result in a utopia. However, eliminating government *will* create a general improvement in conditions for mankind.   &gt;Somalia is one.  Somalia is an example of a ***FAILED*** government, but there *has always been, and continues to be* a central government *as well as* an ad-hoc government of warlords etc. To suggest Somalia is lacking a government is ignorant at best, and intentionally duplicitous at worst.  &gt;The countries with the weakest governments are some of the worst places in the world to live.  Which is a demonstration that the people who live there are *so uncooperative* that they can't have a peaceful or wealthy society *even with* a violent, oppressive government attempting to maintain order, and the governments are *failed*, not intentionally and purposefully *dismantled and removed*.   What I'm explaining to you is that we need to structure our interactions as *so cooperative* that we *intentionally and purposefully* dismantle and remove the government as an unnecessary hindrance to further cooperation and wealth building.  I do note that you didn't make the slightest effort to refute any of my prior comments, and merely engaged in a set of rather pathetic fallacies, so I'll take this as your acknowledgement that you lack any useful counter-arguments and as such, I can presume that my position is correct and you have accepted it as correct."}
{"_id": "320099", "title": "", "text": "AudatingSite is one of the most popular ways to meet a new partner in the Australia. We have registered millions of members, its large user base should mean there you can meet a right life partner. If you want to Sex meet, then you can visit our website and after register meet the new people.If you are chatting online and things seem to be going really well, just joke around about hooking up for sex."}
{"_id": "320101", "title": "", "text": "\"The two dimensions are to open the trade (creating a position) and to buy or sell (becoming long or short the option). If you already own an option, you bought it to open and then you would sell it to close. If you don't own an option, you can either buy it to open, or sell it (short it) to open. If you are already short an option, you can buy it back to close. If you sell to open covered, the point is you're creating a \"\"covered call\"\" which means you own the stock, and then sell a call. Since you own the stock, the covered call has a lot of the risk of loss removed, though it also subtracts much of the reward possible from your stock.\""}
{"_id": "320111", "title": "", "text": "You know what? You are correct, the reason the Soviet Union collapsed was due to its central banking policies. You should perhaps tell someone about that.  &gt;I asked you to name an empire, historically, that purchased its own debt and was successful in doing so. You have still yet to do that.  Even though you didn't direct the question to me: British Empire.  Next?"}
{"_id": "320118", "title": "", "text": "This might need to be instituted at the federal level where it will be harder for people making $30/hr to close the door behind them on others. The article says studies lean towards minimum wage changes being negligible for high earners. I imagine the service lobby put this in a lot of people's heads to keep labor down."}
{"_id": "320124", "title": "", "text": "\"The CTR stuff is unquestionable.  Enough information has been released to demonstrate it as so.  Regarding the \"\"tow the line\"\" or silence/ban policy in T-D, you're 100% right.  It's their prerogative to run the sub that way, just as it is for /socialism to ban people that post in /r/libertarian even if they've never posted in /socialism before, just as the former default sub of /atheism is allowed to ban anyone who believes in god.  My issue is the trend on reddit that anyone who posts anything that isn't 100% vile disdain for Trump must be from /T_D and that the extremists in /T_D are some kind of outlier in how they act - when there are other significantly sized subs that behave in a similar fashion.\""}
{"_id": "320130", "title": "", "text": "\"No, because I assert that it's not *only* about these lucky events. It still takes some degree of intelligence, or insight, and hard work. Often a sociopathic ability to step on others is either necessary or at least a bit help, and sometimes it takes the ability to ignore various laws while staying out of trouble.   What I'm saying is that it seems like a number of folks here want to believe the *only* differentiator is one of these \"\"lightning in a bottle\"\" events. I'm saying I think they're more common than we may think - it's only when the bottle is held by someone with the ability and drive to maximize the opportunity that we get a success story.\""}
{"_id": "320142", "title": "", "text": "\"**Debt: The First 5000 Years**  Debt: The First 5,000 Years is a book by anthropologist David Graeber published in 2011. It explores the historical relationship of debt with social institutions such as barter, marriage, friendship, slavery, law, religion, war and government; in short, much of the fabric of human life in society. It draws on the history and anthropology of a number of civilizations, large and small, from the first known records of debt from Sumer in 3500 BC until the present.  A major argument of the book is that the imprecise, informal, community-building indebtedness of \"\"human economies\"\" is only replaced by mathematically precise, firmly enforced debts through the introduction of violence, usually state-sponsored violence in some form of military or police.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "320148", "title": "", "text": "GDP growth is one of several components of nominal equity returns; the (probably not comprehensive) list includes:  Real GDP/earnings growth  Inflation  Dividend payouts and share buybacks  Multiple expansion (the market willing to pay more per dollar of earnings)  Changes in interest rate expectations  As other comments mention you could also see larger companies tending to deliver higher returns as for any number of reasons related to M&amp;A, expansion into foreign markets, etc."}
{"_id": "320155", "title": "", "text": "What is the average daily volume traded? It looks like this stock may have a liquidity problem. If that is the case I would not buy this stock at all as you may have the same problem when you try to sell it. Generally try to stay away from illiquid stocks, if your order size is more than 10% of the average daily volume traded, then don't buy it.  I usually stay away from stocks with an average daily volume of less than 100,000."}
{"_id": "320164", "title": "", "text": "I'm surprised this isn't higher up. Your resume is for your qualifications, they will review this in the interview so be prepared but it'd simply a review. The rest of the interview is to determine if you will fit the company culture, be able to work with, and get along with everyone for 8+ hours a day..."}
{"_id": "320173", "title": "", "text": "all systems, ALL, corrupt over time.. call it entropy.. call it sociopaths grasping for power. Capital will undermine Democracy, over and over and over short of a revolution every 20 years. The only even playing field which is sustainable is a true free market."}
{"_id": "320183", "title": "", "text": "Read your bill, question things that don't look familiar. People who steal credit card numbers don't bother to conceal themselves well. So if you live in Florida, and all of the sudden charges appear in Idaho, you should investigate. Keeping charge slips seems counter-productive to me. I already know that I bought gasoline from the station down the street, a slip of paper whose date may or may not align with the credit card bill is not very useful. The half-life for a stolen card is hours. So you tend to see a bunch of charges appearing quickly. If someone is stealing $20 a week from you over an extended period of time, the theif is probably someone you live or work with, and paper slips won't help you there either."}
{"_id": "320184", "title": "", "text": "If you think about it, the value of an option comes from the chance that the price at the expiration date can exceed the strike price. As it gets closer to the expiration date, the chance is getting smaller, because there is simply not enough time for an out-of-money option to hit that strike. Therefore, the value of an option decays."}
{"_id": "320215", "title": "", "text": "\"Sure, not disagreeing, but Uber is a member of the \"\"tech startup\"\" group - its not often that this group of companies in Silicon Valley is so highly controversial, primarily because they are so heavily talked about and want to avoid this kind of publicity.   I guess it does involve a snowball effect though. Once you're in the negative spotlight once, you'll be scrutinized every chance they get.\""}
{"_id": "320246", "title": "", "text": "I believe the answer is that to protect yourself it is good to get credit protection so you will be notified when new credit is taken in your name.   Also, you can use http://www.annualcreditreport.com/ to look at your credit report. HINT:  While you do that, and while you are in the TransUnion report, you will have the option to DISPUTE adverse items.   I always suggest that people dispute everything adverse.  That puts the onus on the other parties to produce evidence to TransUnion within 30 days attesting to the validity of the adverse item.   You would be surprised how many will simply drop off your report after doing that.  Everybody should do this Here is a direct address for TransUnion: https://dispute.transunion.com/dp/dispute/landingPage.jsp ==>  Once the disputes are finalized, the results get communicated to the other two bureaus. It is amazing how well it works.  It can raise your credit score significantly. It really helps to watch your credit report yourself, and also to get whatever protection is offered that may help protect you against others opening new accounts in your name."}
{"_id": "320262", "title": "", "text": "This works when you want to command and have others follow. Great for most businesses.  If you want a workplace that generates ideas and inovation you or your hiring staff may not be the best at picking the best. I would say this is an extension of the Dunning\u2013Kruger effect.  The best is a subjective judgement, dont forget."}
{"_id": "320265", "title": "", "text": "ISAs last for as long as you live - you can accumulate a further \u00a320K each following year (or whatever the limit changes to) and the whole balance including gains is tax free. You can also leave the \u00a321k in the first ISA, and open a new ISA the next year, if you prefer. You can also transfer a balance from one ISA to another (make sure you go through the explicit process for doing that, don't just withdraw it and re-deposit it, otherwise the protection is lost.)"}
{"_id": "320310", "title": "", "text": "I have worked in positions at different parts of the bid process, as a materials tech/drafter there is subsurface surveys, geotechnical reports, environmental impact studies, waterway studies for the Army Corps of Engineers, the surface surveys. As drafter for the steel supplier for bridges there were engineering documents, detail drawings that needed engineering approvals. Then finally as a project manager for the GC you have to have a staff of engineers and administrative professionals to keep track. Even if everything goes well there will be something unexpected that will happen and that could be environmental concerns that lead to court time or finding in unmarked grave out on the prairie so then you need to get archeologists to properly care for the remains. So many little things compile to form big delays."}
{"_id": "320315", "title": "", "text": "Does the full time PHD student extend to 70-80 hours/week or more? If not, can you pick up an extra job to aid with living expenses? Also, whose name is the debt in? Is your wife paying to avoid the black mark on her credit record or her mother's? Basically what it looks like to me is that you guys currently have a car you cannot afford and that her mother doesn't seem to be able to afford either, at a ridiculous interest rate on top. Refinancing might be an option but at a payoff amount of 12k you're upside down even when it comes to the KBB retail value. I'm somewhat allergic to financing a deprecating asset (especially at a quick back of the envelope calculation suggests that she's already paid them around $18k if you are indeed three years into the loan). What I would be tempted to do in your situation is to attempt to negotiate a lower payoff to see if they're willing to settle for less and give you clean title to the car - worst thing they can say is no, but you might be able to get the car for a little less than the $12k, then preferably use your emergency money to pay off the car and put it up for sale. Use some of the money to buy her a cheaper car for, say, $4k-$5k (or less if you're mechanically inclined) and put the rest back into your emergency fund. The problem I see with refinancing it would be that it looks like you're underwater from a balance vs retail value perspective so you might have a problem finding someone to refinance it with you throwing some of your emergency money at it in the first place."}
{"_id": "320320", "title": "", "text": "You can never depend ONLY on pension. You must get financial education and invest your money. I recommend you to read The Intelligent Investor by Benjamin Graham...it's the bible of Warren Buffet. Besides, you don't need to be a Billionaire for retiring and be happy. I recommend you to get education in ETFs. I quote The Intelligent Investor by Benjamin Graham p. 131. According to Ibboston Associates, the leading financial research firm, if you had invested $12,000 in the Standard & Poor's 500-stock index at the beginning of september 1929, 10 years later you would have had only $7,223 left. But if you had started with a paltry $100 and simply invested another $100 every single month, then by August 1939, your money would have grown to $15,571! That's the power of disciplined buying-even in the face of the Great Depression and the worst bear market of all time. You are still young to make even bolder investments. But seriously you can never depend ONLY on pension. You won't regret learning how to invest your money, it doesn't matter if it's in the stock market, real state market, whatever market... Knowing what to do with your money is priceless. I hope this helps. Happy profits!"}
{"_id": "320324", "title": "", "text": "It's worth noting that there have been several studies with differing results for minimum wage in general (https://i.imgur.com/0uITqbR.jpg), and now specifically for Seattle. It's unwise to take any single one as the canonical study, best to look at them all in context.  I think the broad consensus is that there's an elasticity of somewhere between -0.05 and -0.2.  So a minimum wage increase of 10% will lead to a decrease in employment of somewhere between 0.5% and 2%.  http://econbrowser.com/archives/2014/03/faith-and-econometrics-minimum-wage-edition  It just comes down to how you value the tradeoff between higher wages for the working and fewer hours worked and where you place that elasticity.  I think there'd be pretty broad support if you could double the minimum wage and only see a 5% decline in hours worked."}
{"_id": "320355", "title": "", "text": "Secret Service agents are paid according to their worth. It's a difficult job to get, and a difficult job to do. They're basically in charge of protecting a large group of VIP's who are *constantly* under threat of attack. It's not unreasonable that they be paid overtime for working 12+ hour shifts all the time."}
{"_id": "320362", "title": "", "text": "\"You'd need to talk with an attorney familiar with Social Security, or an appropriately qualified SSA representative to be sure - but all signs point to the idea that unfortunately Social Security does not work the way your father was told it would. And if he doesn't file to receive benefits the reality is actually much worse than \"\"throwing away free money\"\"! However, this is not due to a complete misunderstanding of the system! Social Security does work the way he thinks in some instances, just that the rules don't apply to his exact situation! First of all, retroactive benefits come in a few forms: File and suspend to get a lump only if you really need it - BEFORE the age of 70 only! In this method you apply for retirement, but you tell the SSA to suspend/delay your benefits. You are entitled to full lump sum of the payments you deferred...but at a cost of getting lower monthly benefits permanently (and that also lowers spousal and dependent children's benefits, too - if those could apply to your dad). But note that at the age of 70, Social Security will stop deferring the payments and start paying you the full maximum retirement benefit monthly, with no lump sum. This is a kind of emergency insurance policy for those who want to try to defer retirement benefits, but who want the opportunity to cash out and get the money they would have been getting \"\"just in case\"\". You can get up to 6 months of retroactive benefits, such as if you wait past your exact retirement age to apply for benefits. But no more: \"\"we cannot pay retroactive benefits for any month before you reached full retirement age or more than 6 months in the past\"\". As for after-death benefits, an estate can only get benefits that were already due to be paid, which generally means a person died and did not get their benefits for that month, so SSA can re-issue a check to the estate following these rules. But as a person cannot be due a lump sum payment after age 70 (for more than 6 months at most), the estate will only be able to get at most 1-6 months of payments (and 6 months is doubtful - you'll need to ask a lawyer if that much would even be possible). If your father was below 70 and wanted to file-and-suspend, the question of lump on death would be more complex and I don't know that answer - but once you are past 70 this doesn't matter any more as you aren't due a lump anymore. Given the above, we've established pretty clearly that if you don't claim your benefits within 6 months after age 70, any months of payment you would have gotten are just forfeited to the system. But if you claim the benefits and stick them in the bank, can they be taken? Well, if a lawsuit is really a worry, then yes these accumulated funds can required to pay a debt - but this potential for loss can be protected against without forfeiting the benefits entirely! This is not very common, but if your father doesn't need the money now he may be able to deposit some of the money into a special partially-lawsuit protected format of the Roth IRA (which has no age limits) as detailed here. If he never gets sued, that's OK - it's still his money! If he passes away, the value goes to his estate and does not disappear. And he doesn't forfeit any of his earned retirement benefits. Finally, I would like to share one last thing with you and your father. These benefits aren't free - he has been paying a portion of his paycheck for decades into Social Security, and now he is eligible for the maximum amount of benefits per month that he will qualify for - and if he wants to keep working he loses no benefit and the amount could potentially even go up. That's up to him. But not filing for benefits now will mean that all this money he's been paying in for decades will just be lost - they'll basically just be a tax he's paid out to other retirees. His estate (which means you kids) won't get any of it, either. That'd just be a waste for everyone involved. If you have continued doubts or questions, I wouldn't hesitate to consult a specialist lawyer or talk with the SSA directly to make sure this is all correct. It's his money, and he has earned his benefits for many years. I very much hope he gets to enjoy as much of them as he can!\""}
{"_id": "320364", "title": "", "text": "It is how sales people's salaries are structured in a lot of industries.  It is structured this way to try to motivate or offer incentive for good sales people.    It is difficult to compare two completely different jobs based on salary alone, however, I would just say the market rate for their job is higher than your job.  Which is why they get paid more than you even before bonuses.  I look at it a different way.  You get paid your rate no matter what, for them to achieve what they should be making, they need to be successful at their job.  They don't have it easier, they have it harder."}
{"_id": "320372", "title": "", "text": "Whether you\u2019re using Hotmail for your business or personal purposes, you surely don\u2019t want the account to be lost. That is why as soon as an issue occurs; you need to give a call to the Hotmail tech support @18448883870 and this way you will save a lot of your time and money."}
{"_id": "320388", "title": "", "text": "McDonalds burgers may be sub-standard, but you get what you pay for. They are extremely cheap, and you also pay for the service of speed. You order a burger and it will be out in less than 2 minutes.   If McDonalds burgers were really that shit in terms of quality+service compared to price, then how to they sell so much? Say what you want about it's quality and service but in the end I think the demand speaks for itself."}
{"_id": "320395", "title": "", "text": "\"This would be the \"\"character\"\" in the 4 C's of credit.   You also have to look at inflation. The real return you get on a euro compared to a rupee will differ due to inflation rates in each country. Because India has a higher growth rate, it will have a higher inflation rate resulting in a higher yield.\""}
{"_id": "320397", "title": "", "text": "Reminds me of when a bully took my Gameboy when I was in middle school.  The kid was a lot bigger than me and I had no chance of making him give it back so I followed him as he walked home.  An older kid saw us and offered him a dollar to give it back to me.  Thank you dude, wherever you are!"}
{"_id": "320398", "title": "", "text": "&gt;Again what you said is irrelevant.   I literally explained to you why a certain individual might not be hired due to laws you proposed. That seems quite relevant.  &gt; People need to be able to provide for themselves.  You're still not getting the point. If you imagine yourself as an employer and you're told you must pay a certain base wage, you will not hire certain individuals because those individuals do not merit that wage. The higher the wage you must pay, the more people you do not consider for the position because they lack the skills/experience/education for that wage.  &gt;I can google too.  OK. What makes you think an individual that is unskilled, uneducated with no work experience will be hired for a job that pays $15/hr when that employer can find people that *are* skilled/educated/with work experience for that wage?"}
{"_id": "320401", "title": "", "text": "The point im trying to make is that VaR is useless as a risk metric and it should not be a necessary part of any risk management arsenal as it does little to answer the question that losses will be limited to X K% of the time and it instils a sense of false security."}
{"_id": "320405", "title": "", "text": "I can only imagine the regulatory difficulty you're going through, and for that I empathize. First, bankers everywhere mostly do not know if a bank policy is due to regulation or internal rules.  Other banks may be more flexible, but only the most reputable should be used. Re Paypal, they first deposit 1 USD and then withdraw it, but things may be different in Cyprus.  Also, Paypal now has debit cards, so if Paypal is permitted to issue cards in Russia then it could presumably be used in Cyprus.  Again, local regulation notwithstanding.  Paypal now has phone support at the very back of their site, so I suggest a call to them. In countries that permit, Western Union can be used to wire money into an account from cash. The Bitcoin route should be used as a last resort.  You could wake up tomorrow losting 25% easy.  The regulations are a distant second compared to this problem. With all of the above methods, there will be varying delays from days to weeks."}
{"_id": "320406", "title": "", "text": "Good. Put more people out of work. Then we might actually get something like a basic income. We won't skip the discomfort but we can hopefully move through it quickly rather than a slow monotonous march on blistered feet."}
{"_id": "320442", "title": "", "text": "\"The way to resolve your dilemma is to consult the price-to-rent ratio of the property. According to smartasset.com: The price-to-rent ratio is a measure of the relative affordability of renting and buying in a given housing market. It is calculated as the ratio of home prices to annual rental rates. So, for example, in a real estate market where, on average, a home worth $200,000 could rent for $1000 a month, the price-rent ratio is 16.67. That\u2019s determined using the formula: $200,000 \u00f7 (12 x $1,000). Smartasset.com also goes on to give a table comparing different cities' price-to-rent ratio and then claim that the average price-to-rent ratio is currently 19.21. If your price-to-rent ratio is lower than 19.21, then, yes, your rents are more expensive than the average house. Smartasset.com claims that a high price-to-rent ratio is an argument in favor of tenants \"\"renting\"\" properties while a low price-to-rent ratio favors people \"\"buying\"\" (either to live in the property or to just rent it out to other people). So let's apply the price-to-rent ratio formula towards the properties you just quoted. There's a specific house I could buy for 190 (perhaps even less) that rents for exactly 2000 / month. 190K/(2000 * 12) = 7.92 There's a house for sale asking 400 (been on the market 2 yrs! could probably get for 350) which rents for 2800 /month.  (400K)/(2800*12) = 11.90 (350K)/(2800*12) = 10.42 One can quite easily today buy a house for 180k-270k that would rent out for 1700-2100 / month.  Lower Bound: (180K)/(1700*12) = 8.82 Upper Bound: (270K)/(2100*12) = 10.71 Even so, the rental returns here seem \"\"ridiculously high\"\" to me based on other markets I've noticed. Considering how the average price-to-rent ratio is 19.21, and your price-to-rent ratio ranges from 7.92 to 11.90, you are indeed correct. They are indeed \"\"ridiculously high\"\". Qualification: I was involved in real estate, and used the price-to-rent ratio to determine how long it would take to \"\"recover\"\" a person's investment in the property. Keep in mind that it's not the only thing I care about, and obviously the price-to-rent ratio tends to downplay expenses involved in actually owning properties and trying to deal with periods of vacancy. There's also the problem of taking into account demand as well. According to smartasset.com, Detroit, MI has the lowest price-to-rent ratio (with 6.27), which should suggest that people should buy properties immediately in this city. But that's probably more of a sign of people not wanting to move to Detroit and bid up the prices of properties. EDIT: I should also say that just because the properties are \"\"ridiculously expensive\"\" right now doesn't mean you should expect your rents to decrease. Rather, if rents keep staying at their current level, I'd predict that the property values will slowly increase in the future, thereby raising the price-to-rent ratio to 'non-ridiculous' mode.\""}
{"_id": "320445", "title": "", "text": "We play Cash Flow and Cashflow for Kids by Robert Kiyosaki. Our kids love it."}
{"_id": "320450", "title": "", "text": "You can't make money on the way down if it was your money that bought the shares when the market was up.  When you sell short, borrowing lets you tap into the value without paying for it. That way, when the price (hopefully) drops you profit from the difference. In your example, if you hadn't paid the \u00a320 in the first place, then you would actually be up \u00a35. But since you started with \u00a320, you still show loss. As others said, borrowing is the definition of selling short. It is also simply the only way the math works. Of course, there is a large risk you must assume to enjoy benefiting from something you do not own!"}
{"_id": "320452", "title": "", "text": "Taxi Walton on thames represents the definition of royalty, cost effectiveness, comfort, ease and everything in one go. No matter, in which area you belong to, Walton taxis are renowned and well known for their service availablity at the oddest hours of time period. @ goo.gl/4yvEnh"}
{"_id": "320469", "title": "", "text": "\"&gt; You are in an endless loops of \"\"maybe\"\"(s)...  No, my point was that **your** \"\"maybe\"\" puts **you** in an endless loop of \"\"maybe\"\"s.  Please try to keep up.  &gt; But the paranoia and \"\"end of the world\"\" folks do not impress me.  Me neither but that doesn't mean global warming is not going to bring a whole lot of expense and instability.  &gt; With science we will be able to control the weather on earth easily. Easily!!!!  Ha!  You have no idea of the scale of the problem with weather and climate.  &gt; You can't come with one ACTION by Trump you oppose, and you are still against him.  Now you're [moving the goalposts](https://en.wikipedia.org/wiki/Moving_the_goalposts).  You first wanted something President Trump \"\"did\"\" that I oppose and I gave you two examples.  Since you can't dismiss his positions you now claim I can't come up with \"\"one ACTION\"\".  Okay, fine.  Here are about a dozen *categories* of reasons I do not support President Trump.  I can come up with at least a dozen examples in each category:  * He is a liar. * He is unpresidential. * He is a narcissist. * He demonstrates his mental abilities are average at best. * He holds himself accountable for nothing yet is quick to blame people around him. * He is unprofessional, airing dirty laundry and not treating professionals with respect. * His White House makes intellectually dishonest if not straight up false claims. * His strength is in dividing people, not unifying them. * He is using the presidency to enrich his family, friends, and himself. * He has no understanding/appreciation of the checks and balances of government. * He is inept with foreign relations. * He is reactionary, acting off the cuff and revealing that he does not have long-term plans. * He has demonstrated he works for the rich, not the average American.  I should put \"\"He is a liar\"\" in bold because there are so many more categories I want to add that full under that umbrella.  You know it's bad when the news media has to ask, \"\"[What does he mean when he says words?](https://www.youtube.com/watch?v=fwod2IONRwU)\"\"\""}
{"_id": "320471", "title": "", "text": "Google Fiber won't make sense as a standalone business, as it can't become profitable in near future.  Google requires internet infrastructure for its core business, and monopolistic ISPs are reluctant to improve infrastructure. Google Fiber aims to provoke these monopolists by spreading awareness and direct threat of competition.  Google isn't concerned with lack of profits from Google Fiber, as its core business is profitable and they can easily afford side-projects like that.  That won't be true for a typical company: who can invest billions with only of small chance of seeing return on investment in next couple of decades?"}
{"_id": "320472", "title": "", "text": "\"In the case of an \"\"initial public offering\"\", the brokers underwriting the share issue will look at the current earnings being generated by the company and compare these to those of other competitor companies already listed in the stock market.  For example, if a new telephone company is undertaking an initial public offering, then the share price of those telephone companies which are already traded on the stock market will serve as a reference for how much investors will be willing to pay for the new company's shares.  If investors are willing to pay 15 times earnings for telecom shares, then this will be the benchmark used in determining the new share price. In addition, comparative growth prospects will be taken into account.  Finally, the underwriter will want to see a successful sale, so they will tend to \"\"slightly under price\"\" the new shares in order to make them attractive. None of this is an exact science and we often see shares trading at a large premium to the initial offer price during the first few days of trading.  More often that not, prices then settle down to something closer to the offer price.  The initial price spike is usually the result of high demand for the shares by investors who believe that past examples of a price spike will repeat with this initial public offering.  There will also usually be high demand for the new shares from funds that specialise in shares of the type being issued. In the case of a \"\"rights issue\"\", where an existing publicly traded company wishes to raise capital by issuing new shares, the company will price the new shares at a significant discount to the current market price.  The new shares will be initially offered to existing shares holders and the discounted price is intended to encourage the existing shareholders to exercise their \"\"rights\"\" since the new shares may have the effect of diluting the value of their shares.  Any shares which are not purchased by existing share holder will then be offered for sale in the market.\""}
{"_id": "320510", "title": "", "text": "Yes. So? Are you saying that OP was just unlucky because he didn't realize that forex wasn't covered under SIPC? I would agree with that, but then, had he read the terms and conditions and considerable paperwork that he was required to sign, he would've known."}
{"_id": "320514", "title": "", "text": "Find out where the local executives hang out in your area and get a job wherever it is. IE Golf course, bar, country club, Gym etc. That's how I met the CEO of the bank I'm Interning for this summer."}
{"_id": "320524", "title": "", "text": "For our company, we use Microsoft Enterprise E5 as it allows us to communicate easier, manage projects and information, assign tasks, etc.  As there's only 3 of us it works well but comes at a cost of \u00a330 each per month.  As it sounds as though it's only you on your own you should check out Trello.  We were using Trello previously but communication between us wasn't great on there and it got too cluttered way too fast.  For setting personal goals and tasks it's perfect, especially as the basic account is free."}
{"_id": "320529", "title": "", "text": "As a former banker, the title of the car will be assigned to the loan account holder(s) because legally, he/she/they are responsible for payments. I've never heard of any case where the car title differs from the loan account holder(s). Throughout my career in the bank, I've come across quite a number of parents who did the same for their children and the car title was always assigned to the loan account holder's name.    You do have a choice of applying for a joint loan with one of your parents unless if you are concerned about what your credit score might be.  Once the loan has been paid off, the title could be changed to your name from your parents of course. As for insurance, there are numerous options where the insurance would cover all drivers of the car however at a slightly higher price like you've mentioned."}
{"_id": "320557", "title": "", "text": "What your are talking about is price controls.  The US of A has used price controls several times in the past.  -1942 there was a maximum wage you could pay workers.  So employers offered extra benefits such as medical and paid leave.  -1971 to 1973 the Nixon administration set the price of gas.  This helped cause an oil shortage. [https://en.wikipedia.org/wiki/1973_oil_crisis](https://en.wikipedia.org/wiki/1973_oil_crisis)  -Today we see lots of price controls in the form of rent control.  Not allowing rent prices to go up doesn't give incentive to housing developers to build more housing.  The problem with prices controls is they don't tell consumers to stop consuming.  Say if there is a war and the military need all the metal it can get.  By allowing the price of cars and other metal products to go up in price.  The people will not buy as many cars and fix up what they have freeing up metal to be used on tanks. Also the metal producers will make more money from higher prices and re-invest their profits to make more metal for tanks and a very few expensive cars.  But if prices did not increase the people will buy cars like normal and the government will try to used up the metal on tanks.  The price of metal is the same so metal producers won't make much extra profit as such won't be able to re-invest in expanding their production.  The biggest example of price fixing was the Soviet Union.  But if we look just under the hood there was long lines and shortages all throughout the Soviet Union.  As Soviet planners tried to make prices correct for each product based on many number of variables such as man-hours and individuals\u2019 needs.  But no mathematical equation seemed to work.  The Soviets gave up and used the prices out of the sears catalog for some products like shoes.  If you want to good read on the subject this is a really good article.  [https://www.libertarianism.org/blog/socialist-calculation-iii-value-capital-goods](https://www.libertarianism.org/blog/socialist-calculation-iii-value-capital-goods)"}
{"_id": "320558", "title": "", "text": "\"Since when did food, clothing and shelter become \"\"Comfort\"\". All the training in the world is not going to help you if you are worried about you and your child's next meal.  We should be doing more for those on welfare.  The good news is that there is more and more hard data on what actually works.  The bad news, radical right wing politicians are not swayed by real data.\""}
{"_id": "320571", "title": "", "text": "It is no easy task to select the best page to buy trailers, because you have no idea which side is trustworthy or not. Once you are satisfied or confirmed about the reliability of the successor supplier, the next step is to review the price packages they provide.  Buying Instagram Pendant is fairly easy if you are careful enough and if you can easily qualify or make the difference between the services provided by different websites on the internet. At Followres24Hour.com we proudly announce the most appropriate and authenticated services to its customers. We facilitate all types of users, owners of large empire companies as well as individual account holders of Instagram who want to gain publicity and fan after buying actively active supporters of Instagram."}
{"_id": "320578", "title": "", "text": "I have been following some of these threads. Some of them are really old. I have read used recording to equity accounts to resolve the imbalance USD issue. The thing I noticed is that all my imbalances occur when paying bills. I took all the bills and set them up as vendor accounts, entered the bills in the new bills, and used the process payment when paying bills. The imbalance issue stopped. It makes sense. The system is a double entry. That's it will credit and debit. Assets accounts are increased with a debit and decreased with a credit. Equity accounts are increased with a credit and decreased with a debit. ie; Say you have an monthly insurance bill for $100. You enter it into the new vendor bill. This credits Accounts Payable. When paying the bill it credits checking, debits account payable, credits vendor account, debits the expense insurance. In short for each credit there has to be a debit for the books to balance. When there is no account for it to record to it will record in Imbalance USD to balance the books."}
{"_id": "320579", "title": "", "text": "\"I think you may have a significant misunderstanding here.  You have been renting your property out for two years, now.  There is no special \"\"roommate\"\" clause in the tax code; roommates are renters, and the rent they pay is rental income.  (If they were roommates in a property you both rented from a third party, that would be different.) See publication 527, chapter 4 for more details on the subject (search on \"\"Renting Part of Property\"\").  You should be: You may also consider \"\"Not renting for profit\"\" section, which may be closer to what you're actually thinking - of changing from \"\"Renting not for profit\"\" to \"\"Renting for profit\"\".  Not rented for profit means you can report on your 1040 as opposed to filing Schedule E, but it does mean you have to actually not make a profit (and remember, some of the money that goes to paying the mortgage is not deductible on this side of things since it's your property and you'll get that money back, presumably, when you sell it). If that is what you're asking about, it sounds like it's just a matter of money.  Are you going to start making money?  Or, are you going to start making enough significant upgrades/etc. to justify the tax deduction?  You should consider the actual, specific numbers carefully, probably with the help of a CPA who is familiar with this sort of situation, and then make the decision that gives you the best outcome (keeping in mind that there may be long-term impacts of switching from not-for-profit to for-profit rental treatment).\""}
{"_id": "320583", "title": "", "text": "Each of us makes our own way in life, making choices based upon or own needs and desires. Some of us choose to live simple lives, others choose more complex lives where we earn and spend more. There are several points which one should examine and consider. Consider that the market for new cars is not the entire population, but only the fraction of the population that can afford to spend $20,000+ for a new car (at $400+/month payments). You quickly realize that most people making below median income cannot afford to purchase a new car. They buy used cars, from the pool of cars left after depreciation has reduced the price of the car by half (or more). One rule of thumb might be to spend < 10% of your income on transportation. Which might allow for a $400-500/month car payment for half of families. And when you keep a car for 10 years, that can mean two cars, one payment-free. Consider that a new Honda Accord or Toyota Camry is $20-30,000 which is 2/3 to 3/4 the price of a new luxury car. When I purchased my (used) Civic several years ago, the price was nearly 1/2 the price of a new luxury car. I recently purchased a (used) luxury car (7 year old, 70,000 miles) less than 1/3 the new price. The leather interior looks new, more amenities, better performance than my Civic, the car runs well, and with proper maintenance, I expect to drive it for 2-3 years and pass it along to one of my children."}
{"_id": "320587", "title": "", "text": "\"I'm 39 and have been investing since my very early 20's, and the advice I'd like to go back and give myself is the following: 1) Time is your friend. Compounding interest is a powerful force and is probably the most important factor to how much money you are going to wind up with in the end. Save as much as you possibly can as early as you can. You have to run twice as hard to catch up if you start late, and you will still probably wind up with less in the end for the extra effort. 2) Don't invest 100% of your investment money It always bugged me to let my cash sit idle in an investment account because the niggling  notion of inflation eating up my money and I felt I was wasting opportunity cost by not being fully invested in something. However, not having enough investable cash around to buy into the fire-sale dips in the market made me miss out on opportunities. 3) Diversify The dot.com bubble taught me this in a big, hairy painful way. I had this idea that as a technologist I really understood the tech bubble and fearlessly over-invested in Tech stocks. I just knew that I was on top of things as an \"\"industry insider\"\" and would know when to jump. Yeah. That didn't work out so well. I lost more than 6 figures, at least on paper. Diversification will attenuate the ups and downs somewhat and make the market a lot less scary in the long run. 4) Mind your expenses It took me years of paying huge full-service broker fees to realize that those clowns don't seem to do any better than anyone else at picking stocks. Even when they do, the transaction costs are a lead weight on your returns. The same holds true for mutual funds/ETFs. Shop for low expense ratios aggressively. It is really hard for a fund manager to consistently beat the indexes especially when you burden the returns with expense ratios that skim an extra 1% or so off the top. The expense ratio/broker fees are among the very few things that you can predict reliably when it comes to investments, take advantage of this knowledge. 5) Have an exit strategy for every investment People are emotional creatures. It is hard to be logical when you have skin in the game and most people aren't disciplined enough to just admit when they have a loser and bail out while they are in the red or conversely admit when they have a winner and take profits before the party is over. It helps to counteract this instinct to have an exit strategy for each investment you buy. That is, you will get out if it drops by x% or grows by y%. In fact, it is probably a good idea to just enter those sell limit orders right after you buy the investment so you don't have to convince yourself to press the eject button in the heat of a big move in the price of that investment. Don't try to predict tops or bottoms. They are extremely hard to guess and things often turn so fast that you can't act on them in time anyway. Get out of an investment when it has met your goal or is going to far in the wrong direction. If you find yourself saying \"\"It has to come back eventually\"\", slap yourself.  When you are trying to decide whether to stay in the investment or bail, the most important question is \"\"If I had the current cash value of the stock instead of shares, would I buy it today?\"\" because essentially that is what you are doing when you stick with an investment. 6) Don't invest in fads When you are investing you become acutely sensitive to everyone's opinions on what investment is hot and what is not. If everyone is talking about a particular investment, avoid it. The more enthusiastic people are about it (even experts) the MORE you should avoid it. When everyone starts forming investment clubs at work and the stock market seems to be the preferred topic of conversation at every party you go to. Get out!  I'm a big fan of contrarian investing. Take profits when it feels like all the momentum is going into the market, and buy in when everyone seems to be running for the doors.\""}
{"_id": "320596", "title": "", "text": "Insinkerator 55 is the mid-range sink disposal model which is perfect for regular use in smaller households. The model is available with continuous feed operation, air switch accessory available, standard grind chamber (980ml) and superior stainless steel grinding elements. It comes with 3 year parts and labour guarantee."}
{"_id": "320600", "title": "", "text": "&gt;Also, I don't know if we should actually Invest in the market or just discuss and learn about the finance market in general.  Since you're in highschool I would say that discussing and learning about it is more than enough.  Some other things you can cover are budgeting, compounding interest, retirement accounts and advantages of them, credit scores, and credit in general.  &gt;What are some good ways to attract people to join the club  Advertise it and provide informative handouts that explain what will be discussed and taught.  Maybe get a math teacher involved to help explain certain things."}
{"_id": "320606", "title": "", "text": "\"Most likely scenario (A): You spend tons of time and effort talking to them, with the end result that they take away the extra points.  You feel screwed having to do their job for them - they've given you no benefit for looking out for them, and you're left with the points you've earned but maybe less desire to go back and use them. Most likely scenario (B): You just use the points, they eventually figure out the problem and fix it.  They send you a nasty letter, demanding some sort of compensation that they have no legal obligation to (because points are not money, you will have rendered existing points for service, and they have, per your existing phone call which can be substantiated in existence though not content through phone records, confirmed that they are yours) - they may go so far as to bar you from their premises.  If you don't use enough points to go \"\"negative\"\" before they fix it, you may avoid this. If they can deal with this competently from a customer service/PR standpoint, then in scenario (A) they may understand you quickly, and they may leave you with some extra points for your trouble.  In scenario (B), pretty much the same thing - they'll let you have the points you used and even leave you a little extra. I suggest in either case you only engage in written communication with them or, if your jurisdiction allows it, record voice conversations.  You need a record of what you've been told.\""}
{"_id": "320610", "title": "", "text": "\"Uh, have you tried google docs? Start off simple. Other than that, for the moment I use GNUCash. Some day I might try to write my own, but for now it works well enough. I have a number of scheduled transactions in GNUCash, and it records them days in advance. You talk about \"\"I should have how much money\"\", but GNUCash offers a slightly better format: Future Minimum Balance. If you want to know whether you can spend money in an account without triggering a chain reaction, that's the number you want. Being web-based so that it can be accessed from any OS. GNUCash is cross platform, with Windows, OSX and Linux clients. It also supports mysql/postgres database backends, so while it's not \"\"Web based\"\", you can keep your data \"\"in the cloud\"\".\""}
{"_id": "320616", "title": "", "text": "\"It'll be just like any other loan you make, on your end, and receive, on your LLC's end. You pay taxes on the interest received, and your LLC can deduct the interest paid.    Do make sure you set it up properly, however:  If you want to loan money to your business, you should have your   attorney draw up paperwork to define the terms of the loan, including   repayment and consequences for non-repayment of the loan. It should be   clear that the loan is a binding obligation on the part of the   company. As a recent Tax Court case notes, the absence of such   paperwork negates the loan. For tax purposes, the loan is an \"\"arms   length\"\" transaction, being treated like any other debt.   From: http://biztaxlaw.about.com/od/financingyourstartup/f/investinbusiness.htm\""}
{"_id": "320621", "title": "", "text": "\"No, getting a liberal arts degree at a non-prestigious university is worthless. You can graduate from an Ivy League school or LAC equivalent with a degree in history/philosophy/English/etc. and go work on Wall Street or in MBB consulting.   There very few fields where you have to be able to step in day 1 and have great technical knowledge. Mostly your degree and school are about signalling* that you can learn what's thrown at you.   EDIT: \"\"Signalling\"\" and typos I couldn't correct on my phone.\""}
{"_id": "320628", "title": "", "text": "This. I'd ask around a bit to find out if more people miss the bowling alley, see if there is interest for a 'reboot'. Also, at the very least you should talk to the current owners about how it is going, what's happening etc. to put some feelers out without expressing direct interest. Maybe they have racked up a hefty debt, who knows. Scope it out a bit.  Be wary of looking at it from a sentimental point of view. You had a great time there, you're not guaranteed to have that again, even with you running it. Running it and visiting it are way different.  You will probably have to do a lot of marketing/publicity stuff for it, so plan accordingly. And what 9ersaur said, you probably need capital, especially if the business has been stagnant. If they serve food, the kitchen may not be up to standards anymore, etc.  If after that you still want to do it, and have a plan, then definitely opt for buying them out directly or over time. You probably do not want the previous owners' emotional attachments getting in the way. (cue gordon ramsay's restaurant makeovers) That said, they may just like what you want to do and support you all the way, who knows.  Good luck!"}
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{"_id": "320652", "title": "", "text": "To store $1 milion in a bank with full FDIC insurance currently requires 4 separate bank accounts, each at 250k.  It's not that difficult, particularly if you are married and your spouse can have 2 in his/her name.  (This is dependent on the FDIC limit; they raised it to 250k after the 2008 crash)."}
{"_id": "320672", "title": "", "text": "\"wrong! people create \"\"money\"\" by lending it to the banks....  Banks are effectivly just exchanges between depositors and lenders, i.e. an IOU exchange.  When you deposit $1000, you LOAN the bank $1000. AND the normal way you deposit $1000, is by an IOU of $1000 by someone else like your employer, NOT by showing up in the bank with cash.  (NB: checks are IOUs)  The issuing/central bank do occationally create money, if the normal banks have more customers wanting to borrow than lend. However, that source of money may be raised by the central bank issuing bonds rather than new money.\""}
{"_id": "320675", "title": "", "text": "You should never take advice from someone else in relation to a question like this. Who would you blame if things go wrong and you lose money or make less than your savings account. For this reason I will give you the same answer I gave to one of your previous similar questions: If you want higher returns you may have to take on more risk. From lowest returns (and usually lower risk) to higher returns (and usually higher risk), Bank savings accounts, term deposits, on-line savings accounts, offset accounts (if you have a mortgage), fixed interest eg. Bonds, property and stock markets.  If you want potentially higher returns then you can go for derivatives like options or CFDs, FX or Futures. These usually have higher risks again but as with any investments some risks can be partly managed. What ever you decide to do, get yourself educated first. Don't put any money down unless you know what your potential risks are and have a risk management strategy in place, especially if it is from advice provided by someone else. The first rule before starting any new investment is to understand what your potential risks are and have a plane to manage and reduce those risks."}
{"_id": "320698", "title": "", "text": "When stocks have a change in price it is because of a TRADE. To have a trade you have to have both a buyer and a seller.  When the price of a security is going up there are an equal amount of shares being sold as being bought. When the price of a security is going down there are an equal amount of shares being bought as being sold.  There almost always is an unequal amount of shares waiting to be sold compared to the amount waiting to be bought. But waiting shares do not move the price, only when the purchase price and the sale price agree, and a trade occurs, does the price move.  So the price does not go down because more shares are being sold. Neither does the price go up because more shares are being bought."}
{"_id": "320699", "title": "", "text": "Frederic Mishkin wrote a few text books on financial concepts that are widely used in colleges.  If you're not looking for a textbook - I'd really recommend Khan Academy on YouTube.  He's got some great videos on supply and demand - bonds, exchange rates - monetary policy by the federal reserve. All academically sound. They're very easy to digest and watch over again for reference."}
{"_id": "320703", "title": "", "text": "Keep in mind that by fully paying off one of your loans, you will reduce your minimum repayments. This will make you feel richer than you actually are. This will make you buy stuff that it seems like you can afford, probably putting some of it on credit. As you can't actually afford this, this will leave you, in a years time, with the same amount of debt you have now or more, but with a slightly bigger tv. Assuming your home loan has no penalties for paying off extra, then put all 11k into there to keep your monthly repayments as high as possible."}
{"_id": "320729", "title": "", "text": "So, you're saying that if amazon hadn't patented &amp; defended it's ludicrous one-click 'technology', it would be dead, or even in grave peril of dying. Clearly I underestimated one click.   I realise it's dangerous to try and paraphrase someone, especially when their example is as colourful as yours is, but I want to make sure I understand what you're saying."}
{"_id": "320734", "title": "", "text": "Because you are new to forex trading, you would be wise to trade long-term and not short-term. For example, watch the Daily and Weekly charts for trends, not the 15 Minute and 1 Hour.  Doing this, there is little concern for the best time of day. You will ideally have trades setup many days in advance, just waiting for them to be triggered. It doesn't really matter if you're present or not."}
{"_id": "320751", "title": "", "text": "You cannot just transfer or rollover from a traditional to a Roth IRA, because they are taxed differently.  You'd have to do a distribution from your traditional (which will be taxed and possibly penalized, depending on your income and age), and a contribution to your Roth (which is limited based on annual contributions to all your IRAs). A conversion is not limited by dollar amount (unless you must take an RMD... required distributions may not be converted).  There is no income limit for 2010 and beyond (previously $100k MAGI), and there are no penalties.  However, all you must pay tax on all untaxed dollars - this means the original contributions as well as the growth. It all depends on the size of your IRA, your investment options, and your expected tax bracket at retirement.  Traditional IRA distributions are considered income for the year, while Roth distributions are not."}
{"_id": "320759", "title": "", "text": "I don't get the whole quants/hedge funds don't contribute anything to society thing. At the end of the day, they earn a return for the fund which is usually mostly pension fund or mutual fund money which funds peoples' pensions/insurance/retirement/etc. If there wasn't a demand or use for it it wouldn't be there. How much these fund charge and pay their employees is another matter..."}
{"_id": "320774", "title": "", "text": "\"One is a choice the other is not. While they are both liabilities on the balance sheet, in the real world they are quite different.   We do not feel as much ownership over our money that goes to interest payments as we do over our tax payments.  Taxes pay for our government and the services it provides.  Interest, on the other hand, is what we pay in order to have a bank loan us money.  Similar to paying for a good or service obtained from some other business, we do not feel we have a say in what the bank does with that money.  If we disapprove of a business' practices, we stop doing business with them; assuming there are other choices.  We can not practically avoid dealing with our government.   We certainly feel that we should have a say in what is done with our tax money.  I doubt there is anyone in the world that completely approves of their government's spending.  It is very easy to feel marginalized with regard to our tax payments.  For example, some people feel resentment because their taxes fund the welfare rolls. All that said, I believe there is little overlap between the two groups.  It seems to me that you are referring to those with large amounts of high interest (e.g. credit card) debt.  I doubt that a large percentage of them are scouring the tax laws, looking for deductions and loopholes.  If they had that mindset, they would also be working hard to get out of the hole they are in.   In summary, we choose to pay a financial adviser, to take out a loan or to obtain a credit card.  We do not choose to pay taxes.  Since taxes are supposed to pay for our government and things which should benefit everyone, we want a say in what is done with it.  This is also the case because it is forced on us.  (\"\"Fine son, I'll lend you some money, but I don't want you buying cigarettes with it.\"\")  Since our say is limited and we likely will not approve of everything our government does, we want to exert what control we do have: reduce our payments as best we can.\""}
{"_id": "320777", "title": "", "text": "Strange that they're holding you personally legally liable rather than the company. That's normally a big part of the corporate veil. You need a lawyer, not a stackexchange."}
{"_id": "320778", "title": "", "text": "Buy low, sell high - the problem, of course, finding a crystal ball that will tell you when the highs and lows are going to happen :-) You could, for instance, save your money in cash and wait for the occasional sharp drop, but then you've lost profits & dividends from having that cash under the mattress all those years you were waiting. About the closest I've ever gotten to market timing, and I think the closest anyone can get in real life, is that I cut personal spending to the bone from 2008 to 2011, and invested every spare cent.  But such opportunities only come along a few times in a lifetime. The other thing is to avoid what a lot of people do, which you might call anti-timing.  When the market is high, they jump on the bandwagon, then when it drops they panic-sell, and lose money."}
{"_id": "320787", "title": "", "text": "\"There is no good proxy for VIX, because it is a completely made-up value. Most listed options trade on an underlying security.  I can therefore choose to buy either the stock, or a future or option on that stock.  In this way, the future and option are derivatives in that they derive their value (in part) based on something else, in this case the stock price as of now. VIX is a different entity altogether.  It is based on the volatility of the market, using \"\"market expectation of near term volatility conveyed by stock index option prices\"\".  But the FAQ goes on to state that they are adding factors into the formula. So right away there is no one equity/stock that you can hold that will necessarily match the VIX in any significant way, because it is not directly based on stocks, but indirectly through other options and computations. In effect, therefore, the VIX in indeed only available through its options, and is not observable (tradable) in and of itself.\""}
{"_id": "320790", "title": "", "text": "Lowering of the US credit rating would affect all US bonds.  Some institutional investments are required to invest in securities with a certain credit rating (i.e. money markets and some low risk mutual funds).  If the credit rating is lowered these institutions would be required to dump their US bond holdings.  This could have a serious affect on bond prices.  The lower bond prices would drive up yields. If the US credit rating was lowered after you purchased TIPS then the price you could sell your TIPS for would most probably be lower then what you bought them.  You would lose money. All US bonds, including TIPS, would be affected by a lower credit rating since the credit rating is suppose to indicate the borrower's ability to repay the debt.  This is independent of inflation.  TIPS provide no additional benefit over regular bonds in regard to credit rating."}
{"_id": "320816", "title": "", "text": "Are there any local charities that could fund the work, and thus take Gift-Aided donations for it? Depending on the details, a School PTA or the Parish Church could justify sponsoring some improvements to the local park as part of their remit. You then give donations to them and they claim the Gift Aid and pay for the improvements with the total. Setting up a whole new charity is the other option, but unless the improvements are very expensive, that feels like overkill."}
{"_id": "320831", "title": "", "text": "Taking a slightly different approach, I would have the following priorities: I'm not sure it's worth the hassle to renogotiate either the HELOC or the mortgage if you think you are only going to have them for a year. If you can renegotiate the HELOC with the same lender that might be worth it."}
{"_id": "320853", "title": "", "text": "In this artice we are trying to show you what is QuickBooks Payroll Error PS032 and how to resolve it. For a technical help about this you can contact us at - https://www.wizxpert.com/quickbooks-payroll-customer-service/ or dial our helpline number +1 855 441 4417."}
{"_id": "320855", "title": "", "text": "\"&gt; the Soviet union was as capitalist as any other country  According to the Marxists, capitalism is the \"\"private ownership of the means of production\"\". In order for \"\"private ownership\"\" of *anything* to exist, one must by definition have the right to \"\"private property\"\" ownership, or \"\"property rights\"\". I would therefore argue from definition that the only metric to measure the degree a state can be said to be capitalist is to examine the degree by which it respects private property rights.  The Soviet Union historically had low respect for property rights, and any system of authoritarianism definitionally has low respect for property rights. One cannot claim the Soviet Union was capitalist as any other country unless you can claim it respected private property rights to the same degree as every other country.\""}
{"_id": "320866", "title": "", "text": "Sounds like Yelp is promoting businesses that pay the highest dollar to get the best results. Filtering positive reviews for people with just one review is understandable (self reviews) but that's NOT what I'm seeing. My site, topfiveawards.com will go local eventually and I won't let it go to the highest bidder. Fuck that."}
{"_id": "320897", "title": "", "text": "It's probably the single best indicator of what a country's power is.  Certainly economically and a great correlation of military (either directly or through treaties.)    Nukes would be the great equalizer, but not many countries would actually go that route."}
{"_id": "320904", "title": "", "text": "\"Its best to check with your company what details they need. Generally for SWIFT Transfers, the below is sufficient;   Additionally any transfers to India require a \"\"Purpose of Remittance\"\" to be filled by the company paying to money.\""}
{"_id": "320953", "title": "", "text": "Make sure you shop around and ask a lot of places for a good faith estimate.  Last I knew, the good faith document is the same everywhere and long form that makes it easy enough to compare the hard numbers from place to place.  I have gotten several estimates for various scenarios and I have had them hand written and printed.  (I discounted the hand written ones because that broker seemed pretty disorganized in general) Learn the terms online, and start comparing.  Use the good faiths as a negotiation tool to get lower rates or lower costs from other brokers.  See how accurate the person is at listening to you and filling out the paperwork.  See how responsive they are to you when you call with questions and want some changes. Check with at least four places. The more places you shop, the better idea you will have of what fees are high and what interest rates are low.  I might pay a higher fee to get a lower interest rate, so there are lots of trade offs to consider."}
{"_id": "320969", "title": "", "text": "It depends on your situation. For families with small amounts over the FDIC limit, there's account structures that let you get multiple coverages. Things like holding 100k in an account in joint with your wife, each of you holding 100k in individual accounts etc. For larger sums and institutions, there's CDARS. This system spreads your money out to multiple institutions with an eye to FDIC insurance limits. Some people feel this system is abusing FDIC, so I suppose it's possible it gets outlawed / shut down some day. Alternatively, you can just invest it yourself. Treasury Direct allows small buyers to buy US govt bonds at finished auction rates, or submit a qualified bid at auction. You won't get great rates, but Treasuries are about as good as dollars."}
{"_id": "321015", "title": "", "text": "\"Bottom line is this: there's no \"\"short term capital gains tax\"\" in the US. There's only long term capital gains tax, which is lower than the regular (aka ordinary) tax rates. Short term capital gains are taxed using the ordinary tax rates, depending on your bracket. So if you're in the 25% bracket - your short term gains are taxed at 25%. You're describing two options: For the case #1 you'll pay 25% tax (your marginal rate) + 10% penalty (flat rate), total 35%. For the case #2 you'll pay 25% tax (your marginal rate) + 0% penalty. Total 25%. Thus, by withdrawing from IRA you'll be 10% worse than by realizing capital gains. In addition, if you need $10K - taking it from IRA will make the whole amount taxable. While realizing capital gains from a taxable account will make only the gains taxable, the original investment amount is yours and had been taxed before. So not only there's a 10% difference in the tax rate, there's also a significant difference in the amount being taxed. Thus, withdrawing from IRA is generally not a good idea, and you will never be better off with withdrawing from IRA than with cashing out taxable investments (from tax perspective). That's by design.\""}
{"_id": "321027", "title": "", "text": "The difference in interest is not a huge factor in your decision.  It's about $2 per month.   Personally I would go ahead and knock one out since it's one less to worry about.  Then I would cancel the account and cut that card up so you are not tempted to use it again. To address the comments... Cutting up the card is NOT the ultimate solution.  The solution is to stop borrowing money... Get on a strict budget, live on less than what you bring home, and throw everything you can at this high-interest debt.   The destroying of the card is partly symbolic - it's a gesture to indicate that you're not going to use credit cards at all, or at least until they can be used responsibly, not paying a DIME of interest.  It's analogous to a recovering alcoholic pouring out bottles of booze.  Sure you can easily get more, but it's a commitment to changing your attitude and behavior. Yes leaving the card open will reduce utilization and improve (or not hurt) credit score - but if the goal is to stop borrowing money and pay off the other card, then once that is achieved, your credit score will be significantly improved, and the cancelling of the first card will not matter.  The card (really both cards) should never, ever be used again."}
{"_id": "321028", "title": "", "text": "Depends on the exchange, and it's usually not going to be free. I use IB's API, and I've heard good things about IQFeed. You can get some free book data from Bats, but again you probably won't see your own transactions go by. http://batstrading.com/market_data/"}
{"_id": "321029", "title": "", "text": "Just pay it, its not alot and it will clear up your credit report."}
{"_id": "321049", "title": "", "text": "What is your risk tolerance?  Personally I invest about $5k in digital currency as an experiment. A lot of people told me I am stupid, which I agree at some point. I plan to let the money sit for 5~10 years. I can tell you there is a lot of emotion in the digital currency though."}
{"_id": "321058", "title": "", "text": "\"HFTs, that serve no purpose other than to make themselves money, pay a premium to the enthusiastically complicit exchanges for the privilege of scalping those that do not. Their profits are not the result  of any \"\"growth\"\" or \"\"service rendered\"\". Their profits are the result of a completely unnecessary tax on the system that amounts to theft out of the pockets of regular investors. Which part did I get wrong?  I'm just a guy with a considerable portion of my retirement in an employer 401k, who's not thrilled about losing *any* compounding interest to these parasites. I'm not shilling for anybody. On the other hand, one has to wonder what has guys like you so upset about IEX.\""}
{"_id": "321070", "title": "", "text": "\"Rather than attacking someone's background, how about critiquing his analysis of the data, charts, and sources he is presenting. The author, Charles Hugh Smith, is also in CNBC's Top 10 alternative finance sites.  After *all*, you don't see me calling you out for your past, just because you posted recently asking about the \"\"female equivalent of a neckbeard\"\". I'm just asking you to critique his analysis *rather than resort to ad hominem*.\""}
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{"_id": "321108", "title": "", "text": "A Breakdown of Stock Buy Backs has this bottom line on it: Are share buybacks good or bad? As is so often the case in finance, the question may not have a definitive answer. If a stock is undervalued and a buyback truly represents the best possible investment for a company, the buyback - and its effects - can be viewed as a positive sign for shareholders. Watch out, however, if a company is merely using buybacks to prop up ratios, provide short-term relief to an ailing stock price or to get out from under excessive dilution. Read more: http://www.investopedia.com/articles/02/041702.asp#ixzz3ZHdOf2dJ What is the reason that a company like AAPL is buying back its own   shares?  Offsetting dilution would be my main thought here as many employees may exercise options putting more stock out there that the company buys back stock to balance things. Does it have too much cash and it doesn't know what to do with it?  No as it could do dividends if it wanted to give it back to investors. So it is returning the cash back to investors? Not quite. While some investors may get cash from Apple, I'd suspect most shareholders aren't likely to see cash unless they are selling their shares so I wouldn't say yes to this without qualification. At the same time, the treasury shares Apple has can be used to give options to employees or be used in acquisitions for a couple of other purposes."}
{"_id": "321114", "title": "", "text": "If you receive dividends on an investment, those are taxed."}
{"_id": "321117", "title": "", "text": "All other agencies is complete hyperbole. The WHO didn't take into account one unpublished, not yet peer reviewed study and that means Round-up is totally safe?  I mean, the first paragraph admits there is conflicting information and links to another story they did that casts doubt on the claim that Round-up doesn't cause cancer.  Are you aware of what confirmation bias is?"}
{"_id": "321120", "title": "", "text": "No.  Mark-to-market valuation relies on using a competitive market of public traders to determine the share price --- from free-market trading among independent traders who are not also insiders.   Any professional valuation would see through the promotional nature of the share offer. It is pretty obvious that the purchaser of a share could not turn around and sell their share for $10, unless the 'free hosting' that is worth most of the $10 follows it... and that's more of hybrid of stock and bond than pure stock.  It is also pretty obvious that selling a few shares for $10 does not mean one could sell 10,000,000 shares for $10, because of the well known decreasing marginal value effect from economics. While this question seems hypothetical, as a practical matter offering to sell share of unregistered securities in a startup for $10 to the general public,  is likely to run afoul of state or federal securities laws -- irregardless of the honesty of the business or any included promotional offers.   See http://www.sec.gov/info/smallbus/qasbsec.htm for more information about the SEC regulations for raising capital for small businesses."}
{"_id": "321136", "title": "", "text": "I would take a closer look at each provider. I have one credit-card provider who when there is a large portion of credit available, they frequently offer promotions on balance transfers so you fill that credit, sometimes it can be 0% for xx months, or a very low % until paid off in full. If this is the case clear that card fully and balance transfer the remainder to get an even lower interest to make the repayments eaier to clear."}
{"_id": "321137", "title": "", "text": "Amazon is much more screwed up than you think. They lose entire pallets of goods in their warehouse and auction them off all the time ( bulq) sometimes if you are lucky they will compensate you for them. EVERY Box on a pallet has an amazon label on it which shows the box number, shipment name, sku and qantity yet Amazon will randomly relabel items without consent or notification and Bo way to stop it.  How do I know then?  I ask customers for photos of the goods they are having issues with that clearly show Amazon's label over our label.  If our label and photo show 100 count blue and Amazon relabel it 50 count yellow.  Seller Support is completely useless to assist in this."}
{"_id": "321183", "title": "", "text": "Gas tax doesn't go to trains, buses or other transportation. Gas tax doesn't even cover federal highways. It *should* go to these things, but the reality is that gas tax is lower than highway spending. All alternative transportation options are being paid for with income tax.  So no, none of the gas tax goes to reduce emissions."}
{"_id": "321187", "title": "", "text": "That's because *healthcare* is in a spiral. If insurance is paying 0.28 cents on the dollar average for care, any sane doctor is going to raise rates which in a grasp for more profits will cause insurance premiums to rise.  You shouldn't be insuring something subjective like quality of life. It's dumb. Insurance should be based on binary states, and healthy/unhealthy just isn't an actual set of binary states."}
{"_id": "321189", "title": "", "text": "If you even qualify for a no-down payment USDA loan, which I'm not sure you would. It would be extremely risky to take on a $250K house loan and have near-zero equity in the house for a good while. If property values drop at all you are going to be stuck in that house which likely has a pretty high monthly payment, insurance, taxes, HOA fees, maintenance costs, etc.  My rule of thumb is that if you can't come up with a down payment, then you can't afford the house. Especially with that much debt hanging over your head already. If one major thing goes wrong with the house (roof, A/C, electrical, etc.) you are going to put yourself in a world of hurt with no clear path out of that financial trap. My suggestion: Keep renting until you have enough money for a downpayment, even if this means downsizing your price range for houses you are considering."}
{"_id": "321196", "title": "", "text": "\"I think it's worth pointing out explicitly that the biggest difference between a credit card (US/Canada) and a debit card (like your French carte de cr\u00e9dit) is that with a credit card, it's entirely possible to not pay the bill or to pay only the \"\"minimum payment\"\" when asked. This results in you owing significantly more money due to interest, which can snowball into higher and higher levels of debt, and end up getting rapidly out of control. This is the reason why you should ALWAYS pay off the ENTIRE balance every month, as attested to in the other answers; it's not uncommon to find people in the US with thousands of dollars of debt they can't pay off from misuse of credit cards.\""}
{"_id": "321199", "title": "", "text": "\"When you buy something with your credit card, the store pays a fee to the credit card company, typically a base fee of 15 to 50 cents plus 2 to 3% of the purchase. At least, that's what it was a few years back when I had a tiny business and I wanted to accept credit cards. Big chain stores pay less because they are \"\"buying in bulk\"\" and have negotiating power. Just because you aren't paying interest doesn't mean the credit card company isn't making money off of you. In fact if you pay your monthly bill promptly, they're probably making MORE off of you, because they're collecting 2 or 3% for a month or less, instead of the 1 to 2% per month that they can charge in interest. The only situation I know where you can get money from a credit card company for free is when they offer \"\"convenience checks\"\" or a balance transfer with no up-front fee. I get such an offer every now and then. I presume the credit card company does that for the same reason that stores give out free samples: they hope that if you try the card, you'll continue using it. To them, it's a marketing cost, no different than the cost of putting an ad on television.\""}
{"_id": "321205", "title": "", "text": "Walmart doesn't sit on a lot of cash. If they want to give Amazon a real fight then they'll need to retain more earnings and I wonder if investors will like that. I expect a short term stock dip at minimum."}
{"_id": "321207", "title": "", "text": "To directly answer your question, the best choice is to pay cash and place the rest on your student loan. This is saving you from paying more interest.  To offer some advise, consider purchasing a cheaper car to place more money towards your student loan debt. This will be the best financial decision in the long-term.  I suspect the reason you are considering financing this vehicle is that the cash payment feels like a lot. Trust your instinct here. This vehicle sounds like large splurge considering your current debt, and your gut is telling you as much. Be patient. Use your liquid funds to get a more affordable vehicle and attack the debt. That is setting yourself up for financial success."}
{"_id": "321224", "title": "", "text": "Springhill Group Counselling aims to educate the public about counselling and psychotherapy, and through the provision of information seeks to facilitate the process for clients before and during therapy. We are happy to discuss any queries or concerns which you may have about therapy or the process. Please contact us via email at info@springhillgroupcounselling.com"}
{"_id": "321270", "title": "", "text": "\"&gt;Goods that are exchanged for financial value, which you can use to increase your own standard of living at the expense of the people importing your goods.  If you're doing that, you're running balanced trade, not a surplus. To run a surplus, you have to accumulate the financial claims. That's why you see Japan and China for example holding large balances of US dollars which they just park in treasuries. If you pursue trade surpluses as a policy, you're stuck holding the money.  &gt;I've been \"\"emphasizing\"\" a bottom line this entire time!  It's the wrong line though. A *voluntary* financial constraint that forces real output capacity into idleness leaving a country poorer in real terms.\""}
{"_id": "321279", "title": "", "text": "It's the CEO's/company's choice. If they lose excellent people because of it, so be it.   Honestly, I am sick of working with pot heads. Outside of their smoke breaks, they might get a couple hours or actual work done in a 8 hour work day while I am busting my ass subsidizing some of their work just to keep the place afloat. It doesn't help that I am salaried and end up staying 3 hours over on some days just to catch back up with my job."}
{"_id": "321281", "title": "", "text": "MrChrister makes some good points, but I saw his invitation to offer a counter opinion. First, there is a normal annual deposit limit of $13,000 per parent or donee. This is the gift limit, due to rise to $14,000 in 2013.  If your goal is strictly to fund college, and this limit isn't an issue for you, the one account may be fine unless both kids are in school at the same time. In that case, you're going to need to change beneficiaries every year to assign withdrawals properly.  But, as you mention, there's gift money that your considering depositing to the account. In this case, there's really a legal issue. The normal 529 allows changes in beneficiary, and gifts to your child need to be held for that child in an irrevocable arrangement such as a UTMA account. There is a 529 flavor that provides for no change of beneficiary, a UTMA 529. Clearly, in that case, you need separate accounts.  In conclusion, I think the single account creates more issues than it potentially solves. If the true gift money from others is minimal, maybe you should just keep it in a regular account. Edit - on further reflection, I strongly suggest you keep the relatives' gifts in a separate account, and when the kids are old enough to have legitimate earned income, use this money to open and deposit to Roth IRAs. They can deposit the lesser of their earned income or $5000 in 2012, $5500 in 2013.  This serves two goals - avoiding the risk of gift money being 'stolen' from one child for benefit of the other, and putting it into an account that can help your children long term, but not impact college aid as would a simple savings or brokerage account."}
{"_id": "321285", "title": "", "text": "I am not aware of any hedge funds that measure themselves using the sharpe ratio. The sharpe ratio measures risk relative to the risk free rate, and I don't believe there are any huge funds that consider themselves risk free.   Hedge funds or CTAs will use information ratio using excess return compared to a relevant benchmark."}
{"_id": "321288", "title": "", "text": "Depends on what you mean by communism. Also whether or not a basic income is viable is another question. I'm not trying to say I know all the answers, but I've thought a lot about the future. Some worry that a basic income would basically make the masses slaves in a way because it wouldn't solve income inequality, it would make people dependent on a government hand out.   Another option is to disperse labor. Instead of working 40 hours a week, they work 30, 20, or less. But this solution might only be temporary until humans are simply not cost effective. The question will be, why are we working and why create machines? To alleviate human labor and serve human life? Or to extract as much as possible from Earth regardless of human life, to horde a big pile of resources regardless of whether or not humans exist to use them."}
{"_id": "321294", "title": "", "text": "Many banks will waive the fee if you have a certain minimum balance, use direct deposit, or something similar.  That said, some banks and credit unions have no monthly fees under any circumstances.  Big banks only get away with terrible service and fees because most people don't shop around for banks."}
{"_id": "321295", "title": "", "text": "\"GE have two problems as I (a GE alum) see it.  1.  Short-termism in middle management.  If you're a middle manager at GE, you're desperate to make \"\"E Band\"\" - the named Executive rank.  To get there, you can't be in your role for more than three years, but ideally two.  So you won't begin, support, endorse or participate in any project that won't see measurable financial results in &gt;24 months.  That's lunacy.  What this means is that to show \"\"impact\"\" at GE, middle management bash together some flimsy band-aid for a real problem.  They'll generally call it a \"\"template\"\" or a \"\"best practice\"\", even if it is neither.  They'll put it on the GE intranet as a \"\"workflow\"\", and tell everyone to use it.  Then they'll call that improvement project complete, and move on to their next job.  2.  Matrix environment.  Currently in vogue, I get it.  Here's how it's poison to GE.  There are middle managers in GE who report to three different people, and have no-one reporting to them (or very few people).  Therefore, to get anything done without resources of your own, you have to go around begging and borrowing other people - under the guise of \"\"matrix environment\"\".  That has two issues: firstly that it relies on the influencing skills of the middle-manager (don't get me wrong, influencing skills matter, but they're not the #1 skill required to move the needle), and secondly that it relies on the bandwidth and the ability-to-say no of the resource.  Busy people say no, and busy people tend to be the best.  Weak people can't say no, and they tend not to be.  All this gives GE fairly crappy solutions to fairly fundamental problems.  tl;dr: Incentives and Organization at GE lead to sub-optimal outcomes.\""}
{"_id": "321314", "title": "", "text": "There are many property management companies are available in India. You can easily find trusted companies just searching on the google. They manage all these things legally. You just try this"}
{"_id": "321319", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.governing.com/topics/transportation-infrastructure/gov-counties-climate-change-damages-economic-effects-map.html) reduced by 91%. (I'm a bot) ***** &gt; A study published in the journal Science in June is the most extensive model available of what climate change could cost the United States, county by county.  &gt; According to the study, the American South and lower Midwest will bear the brunt of the economic costs associated with climate change through the end of the century.  &gt; &amp;quot;Also, if you&amp;#039;re a bond-writing agency and you&amp;#039;re rating bonds without thinking about how the government will be affected by climate change, you&amp;#039;re not doing your job.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vqt9n/how_much_climate_change_will_cost_each_us_county/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~197599 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **change**^#1 **county**^#2 **climate**^#3 **economic**^#4 **study**^#5\""}
{"_id": "321351", "title": "", "text": "Where do you get this BS? Show me a study that says taxing the 1% will damage the economy. They are already hoarding their wealth in foreign bank accounts. Also this professor is  a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Super-Imperialism: The Economic Strategy of American Empire...What do you know most knowledgeable economist don't know? Stop spewing right wing propaganda."}
{"_id": "321359", "title": "", "text": "\"I remember I saw a study that said minimum wage increases have minimum affects on how \"\"expensive\"\" everything gets. It has an affect on inflation in that sense but not to the dramatic levels conservatives put it at.   Ontario will be putting it's min wage to $15 in two years, $14 in the coming January. It's almost $13 now. It's chugging a long nicely and inflation has been lower than it should be.\""}
{"_id": "321361", "title": "", "text": "\"As others have said, congratulations on saving up 75K in cash while seemingly not neglecting other areas of personal finance.  Considering that only 15% of Americans have more than 10K saved this is quite a feat.  source If you sell your old house, and buy the new one you will still be in really good financial shape.  No need to comment further. Renting your current home and buying a new home introduces a great amount of risk into your life.  The risk in this case is mitigated by cash.  As others have pointed out, you will need to save a lot more to remove an acceptable amount of risk. Here is what I see: So without paying off your existing house I would see a minimum savings account balance of about double of what you have now.  Once you purchase the new house, the amount would be reduced by the down payment, so you will only have about 50K sitting around. The rental emergency fund may be a little light depending on how friendly your state is to landlords.  Water heaters break, renters don't pay, and properties can sit vacant.  Also anytime you move into a new business there will be mistakes made that are solved by writing checks.  Do you have experience running rentals?   You might be better off to sell your existing home, and move into a more expensive home than what you are suggesting. You can continue to win at money without introducing a new factor into your life. Alternatively, if you are \"\"bitten by the real estate bug\"\" you could mitigate a lot risk by buying a property that is of similar value to your current home or even less expensive.  You can then choose which home to live in that makes the most financial sense.  For example some choose to live in the more dilapidated home so they can do repairs as time permits. To me upgrading the home you live in, and renting an expensivish home for a rental is too much to do in such a short time frame.  It is assuming far too much risk far to quickly for a person with your discipline.  You will get there.\""}
{"_id": "321367", "title": "", "text": "I think, based on their publicly available records, that they believe their own rather substantial increases in wealth since being elected are repeated amongst the general public.  Since they only circulate amongst the elite that pay for their elections, they probably are unaware that the average American has see their income decrease since the 1980's, while they and their friends incomes have increased an average of 10% per year since the 1980's.  So, for them, at least, their strategy is working.  But I still can't see why people vote for them."}
{"_id": "321386", "title": "", "text": "I understand the aggression because the logic permeates into individual income taxes and can really negatively affect lives. I mean I really essentially at some point am being forced to chose between sane financial stability or a feeling of identity of the country I am from. I hate that I'm in that position and I hate the politicians and the people that enable them even more. FATCA passed the Senate with 80 votes. It was part of a jobs bill, so GOP went against it in the House, but they still supported that position. They only changed their tune about that one just last year after allowing both parties to trample all over citizens living abroad. But there's only a few million of us and it's distributed across states, so our votes just don't matter."}
{"_id": "321387", "title": "", "text": "If you leave your job (or lose it) the loan is due on separation. You'll pay tax and a10% penalty."}
{"_id": "321397", "title": "", "text": "Why not just hold that cash until you graduate from college? Why? Because it's a safety net - make sure you don't have any sudden expenses (medical, school bills, car bills, etc). Then after school you're going to need some cash for job moving, relocation, clothes, downpayment on apartment, utilities, etc. If all that cash is tied up into a 401 or IRA then you can't touch it and if something happens you'll be tempted to take a loan out. Ack!  You'll have plenty of time since you're just starting to save for retirement. Keep this cash as a beginning emergency fund and hang on cause as soon as you get out of school things really move fast. :)"}
{"_id": "321402", "title": "", "text": "There are few things on reddit that bother me more than seeing someone I disagree with making an honest attempt at reasonable debate, providing facts and arguments to support their position, and being downvoted and *ad hominem*ed away. Thanks for trying to engage intelligently on the topic. I'm all for solar, but you *do* make a good point here."}
{"_id": "321405", "title": "", "text": "Cap gains and qualified dividend taxes are the same (see link below)  First let's assume were talking about a taxable account (in a tax-deferred/exempt account taxes don't really matter) capital gains taxes are only realized at the end sale, so share buybacks will not have any adverse until the gains are realized, which in theory should be as far out as possible, whereas dividends are taxed in the year they are received. because of the compounding the buybacks are better than the dividends (which pay tax up-front versus on the back end with buybacks). Yes investors are irrational, but I'm trying to take the long-term rational approach. Additionally, dividends are taxed at cap gains rates if the position is held 60+ days, so all else held equal, share buybacks are more tax-efficient in the long-run.   https://turbotax.intuit.com/tax-tools/tax-tips/Investments-and-Taxes/Guide-to-Taxes-on-Dividends/INF19201.html"}
{"_id": "321423", "title": "", "text": "Nothing holds you in place, but your own head. If you want to do something that pays better, try setting goals. Read books on your dream job, learn the processes, and do whatever it takes to get there. I'll tell you this, I am not impressed with people who slack off and want better pay. Skill and knowledge jobs pay more. The trades are a great way to earn a living, if you aren't a smart person, but work hard. You want a desk job paying 100k, get your ass in gear. No time for drinking and getting high, dreaming about the job someone else has. Earn it."}
{"_id": "321428", "title": "", "text": "Yes, it's a gross over-simplification, we can certainly agree on that.  You don't need a degree to make a good living (defined as 50k+ work for you?). This is a popular lie that was fed to young people, which aided in creating this student loan crisis in the first place. Truck drivers, construction workers, skilled laborers in general, etc make good money. Right put of HS, of course it can be difficult to land one of these jobs, but working as say, a dock worker for $10-12 for a few years and working your way up to a higher-paying job is a fantastic route to take- in this case that would likely be a truck driver (this requires some school and a license, but every semi-major company will pay for that if you've been working for them for a few years and they can trust you). The issue that is far too prevalent is that kids either aren't getting a reasonable education or they aren't graduating from HS- topics for another day probably.   School costs have gone up because the govt was garunteeijg a loan to everyone with a pulse.   I'm with you on education. Public education is an abject failure. We have failed to educate our youth and minimum wage laws price those poorly educated, unskilled youths right out of the job market. I'll leave the rest of the third paragraph alone as I think we differ in fundamental values that neither of us are likely to change and a discussion of those values would be exausting."}
{"_id": "321432", "title": "", "text": "First read mhoran's answer, Then this -  If the company sold nothing but refrigerators, and had 40% market share, that's $4M/yr in sales. If they have a 30% profit margin, $1.2M in profit each year. A P/E of 10 would give a stock value totaling $12M, more than the market size. The numbers are related, of course, but one isn't the maximum of the other."}
{"_id": "321436", "title": "", "text": "The first thing is to look at the monthly cost of the loan. The one from the company is interest free. While it is unlikely that a bank will have a zero percent loan, you will also have to look at what the seller will offer.  The next thing to look at is the term of the loan. When comparing two loans with the same interest rate the shorter term loan will cost more per month. Many times when an auto dealer offers a zero percent loan they also  have a very short term: 12-24 months; Many people can't afford the monthly payments with that short a term.  You said you could afford to save the other $2000 in about six months. That means you could set aside $333 a month to do it in six months. If the loan from the employer has a term longer than 6 months you should be able to afford the loan. Keep in mind that the employer will probably be taking the money right out of your paychecks.  You do have to look at the conditions attached to the loan. What does accepting the loan do to your employment situation? If you leave early do they want you to pay it back in 30 days, or will they take the rest from the final paycheck, or do you have longer?  You do have to look at the term of the loan, and see if you can pay it off early. If they require a 12 month term can you end it earlier, or change the monthly payment to end it early? The reason why you care about the term is that if the term is 24 months then after a year you still owe them $1000; which if you have to pay back immediately if you quit, it may make it hard for you to leave the company. A minor note: They probably are not reporting it to the credit reporting agencies therefore it wont help your credit score. This is probably not a big issue since you are considering going without a loan."}
{"_id": "321450", "title": "", "text": "I'd say figure out if you want to be in corporate finance or investment finance- do you want to work front office or back office? I knew a lot of people that want to be financial analysts in the investment industry, but depending on where you live those jobs may be few and far in between. Financial services/ sales can be one of he more lucrative areas, but you need to have the right skill set/desire for that. I highly recommend getting an internship, this will build experience and also help you figure out what interests you the most"}
{"_id": "321452", "title": "", "text": "&gt;Gate agents earn $25,000 to $50,000 a year in wages and benefits,   Please remember this next time you travel, folks.  In my old position, I would travel once a month (I realize this is nothing for many biz travelers) and I would always hate seeing the entitled FlyerTalk-types or the ignorant adults on personal travel bickering with one gate attendant in a busy place like ATL.  Big pet peeve of mine.  Also, if you're nice, it can pay off. I've gotten bumped (on purpose) for far more than the initial offer because I was nice, calm and patient.  The second airport pet peeve of mine is everyone bumrushing the gate when your zone **isn't** called. I understand when your row is called, but to try and cheat the system slows everyone down. These machines would be able to determine zones, I gather."}
{"_id": "321475", "title": "", "text": "My 12 year old routinely makes purchases with cash or a gift card (either a store's card or a Visa/Amex card that acts like credit card but is a gift card) and has never had an issue. Clothing, make-up, bath items, etc. I understand in some areas you need to be over 18 to buy certain markers, spraypaint, or other propellant items that can be fatal if inhaled. I see little issue with buying pet supplies, but it wouldn't hurt to have your sibling nearby if you think there will be an issue."}
{"_id": "321479", "title": "", "text": "40k/yr for college is really a waste unless you're going for certain specific majors. Most people will be fine with local 10k/yr colleges while living at home. But yea, I think a lot of the 900k number comes from the opportunity cost of the money not being invested at a certain assumed % growth so overall, still a generally bs number."}
{"_id": "321487", "title": "", "text": "Humans also coped fine before the advent of computers. Does that mean we should revert back to how things were before they came about?   Anyway you haven't said why HFT is inherently bad. Well, you did make one point at the start but I think it's a weak one.  You said that HFT screws those without access to HFT? HFT system aren't free you know. I could say that me having instant access to stock markets through a computer screws over those who still rely in calling their broker to place an order. Does that mean that trading through computers should be banned? I know you'll probably argue the difference in the magnitude of the capital requirements and that almost everybody has access to a computer but not an HFT system, but where do you draw the line? Should bloomberg terminals be banned? They're out of reach for a lot of investors due to the cost."}
{"_id": "321490", "title": "", "text": "A few years ago I had a 5 year car loan. I wanted to prepay it after 2 years and I asked this question to the lender. I expected a reduction in the interest attached to the car loan since it didn't go the full 5 years. They basically told me I was crazy and the balance owed was the full amount of the 5 year car loan. This sounds like you either got a bad car loan (i.e. pay all the interest first before paying any principal), a crooked lender, or you were misunderstood.  Most consumer loans (both car loans and mortgages) reduce the amount of interest you pay (not the _percentage) as you pay down principal. The amount of interest of each payment is computed by multiplying the balance owed by the periodic interest rate (e.g. if your loan is at 12% annual interest you'll pay 1% of the remaining principal each month). Although that's the most common loan structure, there are others that are more complex and less friendly to the consumer. Typically those are used when credit is an issue and the lender wants to make sure they get as much interest up front as they can, and can recover the principal through a repossession or foreclosure. It sounds like you got a precomputed interest loan.  With these loans, the amount of interest you'd pay if you paid through the life of the loan is computed and added to the principal to get a total loan balance. You are required to pay back that entire amount, regardless of whether you pay early or not. You could still pay it early just to get that monkey off your back, but you may not save any interest.   You are not crazy to think that you should be able to save on interest, though, as that's how normal loans work.   Next time you need to borrow money, make sure you understand the terms of the loan (and if you don't, ask someone else to help you). Or just save up cash and don't borrow money ;)"}
{"_id": "321491", "title": "", "text": "Sherif El-Refai, who possesses a Doctor of Pharmacy from the University Of North Carolina Eshelman School Of Pharmacy, has held a number of research and volunteer positions throughout the course of his academic career. Recently, he applied his pharmaceutical experience to assist in the development of a PhD program in pharmaceutical sciences at the University of Kentucky."}
{"_id": "321492", "title": "", "text": "Excellent Holiday Properties in Vale do Lobo Vale do Lobo has two celebrated golf resorts and offer comprehensive facilities to the vacationers.  There are many Holiday properties in Vale Do Lobo that the travelers can book for their stay. These websites provide a comprehensive range of choice of the Vale Do Lobo Holiday Villa Rentals. There are many holiday villas and apartments to rent in Vale Do Lobo. The holiday properties are located in prime location and offer all imperative facilities, luxuries, and comfort for making the stay convenient and comfortable for the vacationers.  They provide the pictures of the property that make it easy for selecting the best Vale Do Lobo Holiday Apartment Rentals. www.simply-algarve.com"}
{"_id": "321499", "title": "", "text": "Are you emailing him constantly or just sending over a question here and there?   Asking because there's a point where advice isn't free and if you aren't paying him to answer extra emails and phone calls, he's not likely to answer them. Also, he probably has a lot of clients so it can be hard to keep up if you get lots of emails from a client. If possible, ask all of your questions in one email."}
{"_id": "321500", "title": "", "text": "\"What you're asking about is called a \"\"distribution\"\" when it comes to an LLC.  It's basically you paying yourself some or all of the proceeds of the business, depending on how you're set up.  You can pay yourself distributions on a regular schedule, say monthly, or you can do it at the end of the year. Whatever you do in this regard, what you take out as distributions is reported on your personal income tax as taxable income.  LLCs in the U.S. use pass-through taxation (unless you intentionally elect to have the LLC treated as a corporation for tax purposes, which some people do), so whatever the principals receive in distribution is personally taxable. Keep in mind that you'll have to pay ALL of the taxes normally covered by an employer, such as self-employment tax (usually about 15%), social security tax, and so on.  This is in addition to income tax, so remember that. I hope this helps. Good luck!\""}
{"_id": "321504", "title": "", "text": "This is true! On-line sales, mostly by Amazon, destroyed retail.  And, while many people lost their jobs (new jobs were created, but much less), many people saved a lot of money.  I don't think the Brick and mortar retail can be the same if you can shop and have huge selection on-line from anywhere were you live."}
{"_id": "321508", "title": "", "text": "That's an interesting statistic, that 3% of users generate nearly all revenue.  Their S-1 filing shows that in the quarter ending Sep 2011, they had 150M monthly unique users, and generated $292M in revenue (excludes advertising).  If 3% of users pay for that revenue, that's $64.88 per quarter, or $21.63 per month.    I think it's going to be a real test trying to double the number of customers willing to pay that every month.  I'm sure that some money will come from brick and mortar.  However, brick and mortar retailers may have a difficult time convincing customers that Zynga gold is a valuable addition to a purchase, since 97% of people choose not to purchase Zynga gold."}
{"_id": "321565", "title": "", "text": "There is no standard way to divide property under these circumstances. This is why lawyers recommend agreeing how property will be divided up front, and why they make so much money sorting out issues like this when couples divorce. Incidentally, you don't say which country you are in, but in many countries if you have lived together for five years, your breakup can be treated like a divorce, legally speaking. If you can't agree on how to divide the property, the courts will be involved. You are faced with a choice. Either find some way to come to an agreement you can both accept, or hire lawyers and argue it out in court. You might want to consider finding someone to act as mediator who will help you to come to an agreement. Professional mediation services exist, or you could consider a person you both respect and with the skills to do this."}
{"_id": "321566", "title": "", "text": "In addition to asking an accountant, I would also ask a lawyer.  When exploring the same question for myself, I found that one of the benefits of incorporating or forming an LLC is that your personal assets are better protected.   Including asset protection, here are 5 reasons to incorporate: Initially, I thought that as I had so few assets, I should not be concerned.  I was glad I was able to do a free consult with a lawyer who advised me to look into forming an LLC.  (Ultimately, my planned business idea never panned out.  So, I never went the incorporation/LLC route.)  Hope this helps!"}
{"_id": "321579", "title": "", "text": "\"In short, yes. By \"\"forward selling\"\", you enter into a futures contract by which you agree to trade Euros for dollars (US or Singapore) at a set rate agreed to by both parties, at some future time. You are basically making a bet; you think that the dollar will gain on the Euro and thus you'd pay a higher rate on the spot than you've locked in with the future. The other party to the contract is betting against you; he thinks the dollar will weaken, and so the dollars he'll sell you will be worth less than the Euros he gets for them at the agreed rate. Now, in a traditional futures contract, you are obligated to execute it, whether it ends up good or bad for you. You can, to avoid this, buy an \"\"option\"\". By buying the option, you pay the other party to the deal for the right to say \"\"no, thanks\"\". That way, if the dollar weakens and you'd rather pay spot price at time of delivery, you simply let the contract expire un-executed. The tradeoff is that options cost money up-front which is now sunk; whether you exercise the option or not, the other party gets the option price. That basically creates a \"\"point spread\"\"; you \"\"win\"\" if the dollar appreciates against the Euro enough that you still save money even after buying the option, or if the dollar depreciates against the Euro enough that again you still save money after subtracting the option price, while you \"\"lose\"\" if the exchange rates are close enough to what was agreed on that it cost you more to buy the option than you gained by being able to choose to use it.\""}
{"_id": "321581", "title": "", "text": "\"If \"\"Bank of America\"\" is truly a hard-and-fast requirement, the best solution is to go to a branch and see what they can do. If they turn you down, it likely can't be done.\""}
{"_id": "321612", "title": "", "text": "You could find a relative in another country who has the ability to receive PayPal, and have them transfer the money to you via Western Union or Hawala."}
{"_id": "321619", "title": "", "text": "This is assuming that you are now making some amount X per month which is more than the income you used to have as a student. (Otherwise, the question seems rather moot.) All figures should be net amounts (after taxes). First, figure out what the difference in your cost of living is. That is, housing, electricity, utilities, the basics that you need to have to have a place in which to live. I'm not considering food costs here unless they were subsidized while you were studying. Basically, you want to figure out how much you now have to spend extra per month for basic sustenance. Then, figure out how much more you are now making, compared to when you were a student. Subtract the sustenance extra from this to get your net pay increase. After that is when it gets trickier. Basically, you want to set aside or invest as much of the pay increase as possible, but you probably have other expenses now that you didn't before and which you cannot really do that much about. This mights be particular types of clothes, commute fares (car keepup, gas, bus pass, ...), or something entirely different. Anyway, decide on a savings goal, as a percentage of your net pay increase compared to when you were a student. This might be 5%, 10% or (if you are really ambitious) 50% or more. Whichever number you pick, make sure it's reasonable giving your living expenses, and keep in mind that anything is better than nothing. Find a financial institution that offers a high-interest savings account, preferably one with free withdrawals, and sign up for one. Each and every time you get paid, figure out how much to save based on the percentage you determined (if your regular case is that you get the same payment each time, you can simply set up an automated bank transfer), put that in the savings account and, for the moment, forget about that money. Try your best to live only on the remainder, but if you realize that you set aside too much, don't be afraid to tap into the savings account. Adjust your future deposits accordingly and try to find a good balance. At the end of each month, deposit whatever remains in your regular account into your savings account, and if that is a sizable amount of money, consider raising your savings goal a little. The ultimate goal should be that you don't need to tap into your savings except for truly exceptional situations, but still keep enough money outside of the savings account to cater to some of your wants. Yes, bank interest rates these days are often pretty dismal, and you will probably be lucky to find a savings account that (especially after taxes) will even keep up with inflation. But to start with, what you should be focusing on is not to make money in terms of real value appreciation, but simply figuring out how much money you really need to sustain a working life for yourself and then walking that walk. Eventually (this may take anywhere from a couple of months to a year or more), you should have settled pretty well on an amount that you feel comfortable with setting aside each month and just letting be. By that time, you should have a decently sized nest egg already, which will help you get over rough spots, and can start thinking about other forms of investing some of what you are setting aside. Whenever you get a net pay raise of any kind (gross pay raise, lower taxes, bonus, whichever), increase your savings goal by a portion of that raise. Maybe give yourself 60% of the raise and bank the remaining 40%. That way, you are (hopefully!) always increasing the amount of money that you are setting aside, while also reaping some benefits right away. One major upside of this approach is that, if you lose your job, not only will you have that nest egg, you will also be used to living on less. So you will have more money in the bank and less monthly expenses, which puts you in a significantly better position than if you had only one of those, let alone neither."}
{"_id": "321628", "title": "", "text": "Welcome to the Rustic Posy, it is wonderful flower gift online store in Australia. Buy online the most up to date flowers through Rustic Posy that always supply the offer on the every flower gift. The professional  florist at the florist flower save is committed to designing the stunning, great preparations and providing customer services to the clients. As you know so many reasons to buy the flower such as Wedding Flowers, Event Flowers, Funeral Flowers. We have the latest style in every flower and you can always buy the fresh flower from here. We deliver the flower at the door, here you can select your favorite flower whatever you want type of flowers. There are so many our customers very happy after getting the flowers."}
{"_id": "321629", "title": "", "text": "I found this website for some ammo if you need it. For plans with less than 100 participants the limit is 7 days after deduction from your paycheck, though an extension is possible with some paperwork. A DOL audit would probably land your employer in some trouble if they are regularly taking 4 weeks to deposit your funds in the 401k account."}
{"_id": "321637", "title": "", "text": "\"If you need less than $125k for the downpayment, I recommend you convert your mutual fund shares to their ETF counterparts tax-free: Can I convert conventional Vanguard mutual fund shares to Vanguard   ETFs? Shareholders of Vanguard stock index funds that offer Vanguard ETFs   may convert their conventional shares to Vanguard ETFs of the same   fund. This conversion is generally tax-free, although some brokerage   firms may be unable to convert fractional shares, which could result   in a modest taxable gain. (Four of our bond ETFs\u2014Total Bond Market,   Short-Term Bond, Intermediate-Term Bond, and Long-Term Bond\u2014do not   allow the conversion of bond index fund shares to bond ETF shares of   the same fund; the other eight Vanguard bond ETFs allow conversions.) There is no fee for Vanguard Brokerage clients to convert conventional   shares to Vanguard ETFs of the same fund. Other brokerage providers   may charge a fee for this service. For more information, contact your   brokerage firm, or call 866-499-8473. Once you convert from conventional shares to Vanguard ETFs, you cannot   convert back to conventional shares. Also, conventional shares held   through a 401(k) account cannot be converted to Vanguard ETFs. https://personal.vanguard.com/us/content/Funds/FundsVIPERWhatAreVIPERSharesJSP.jsp Withdraw the money you need as a margin loan, buy the house, get a second mortgage of $125k, take the proceeds from the second mortgage and pay back the margin loan. Even if you have short term credit funds, it'd still be wiser to lever up the house completely as long as you're not overpaying or in a bubble area, considering your ample personal investments and the combined rate of return of the house and the funds exceeding the mortgage interest rate.  Also, mortgage interest is tax deductible while margin interest isn't, pushing the net return even higher. $125k Generally, I recommend this figure to you because the biggest S&P collapse since the recession took off about 50% from the top.  If you borrow $125k on margin, and the total value of the funds drop 50%, you shouldn't suffer margin calls. I assumed that you were more or less invested in the S&P on average (as most modern \"\"asset allocations\"\" basically recommend a back-door S&P as a mix of credit assets, managed futures, and small caps average the S&P). Second mortgage Yes, you will have two loans that you're paying interest on. You've traded having less invested in securities & a capital gains tax bill for more liabilities, interest payments, interest deductions, more invested in securities, a higher combined rate of return. If you have $500k set aside in securities and want $500k in real estate, this is more than safe for you as you will most likely have a combined rate of return of ~5% on $500k with interest on $500k at ~3.5%.  If you're in small cap value, you'll probably be grossing ~15% on $500k. You definitely need to secure your labor income with supplementary insurance.  Start a new question if you need a model for that. Secure real estate with securities A local bank would be more likely to do this than a major one, but if you secure the house with the investment account with special provisions like giving them copies of your monthly statements, etc, you might even get a lower rate on your mortgage considering how over-secured the loan would be. You might even be able to wrap it up without a down payment in one loan if it's still legal.  Mortgage regulations have changed a lot since the housing crash.\""}
{"_id": "321639", "title": "", "text": "Most stocks are not actively trades by lots of people.   When you buy or sell a stock the price is set by the \u201corder book\u201d \u2013 that is the other people looking to trade in the given stock at the same time. Without a large number of active traders, it is very likely the pricing system will break down and result in widely changing prices second by second.   Therefore for the market to work well, it need most people to be trading at the same time."}
{"_id": "321645", "title": "", "text": "All the stuff that Microsoft and Apple sell depend on oil being consistently available at a stable price.  Also, if you don't think that the US government hasn't applied pressure (to the point of using military credibility) on the behest of Microsoft and Apple, you haven't done your homework."}
{"_id": "321646", "title": "", "text": "The problem with this is that the advertising revenue doesn't justify it, and neither does the pay per channel. When Hulu starts making money, then it might be a possibility. Right now advertisers won't pay as much for a commercial on the internet that reaches the same number of viewers as it would on tv. Unfortunately, the cost doesn't match up to the benefit at the moment."}
{"_id": "321647", "title": "", "text": "\"You'd have to look at the terms of the loan to be sure, but if the interest compounds weekly then you'd have to calculate the effect of 3 compounding periods, then compute for weekly payments. The balance after 3 weeks would be: Using Excel's PMT function for that principal balance, I get a weekly payment of $189.48.   If the interest doesn't compound, the principal balance will be about $8888.37 and the weekly payment would be $189.85. Note, however, that the terms of the loan could be completely customized, so you'd need to be sure that the payment and the amortization schedule make sense to you before you agree to the loan.  Since the interest is very high, I suspect this is a \"\"no credit needed\"\" car loan which are notorious for unfavorable (to the borrower) terms.\""}
{"_id": "321666", "title": "", "text": "Ok, this gives us something to start on. I am owner of a company that our best selling product is government designed.   Your position is that there is no profit incentive if government invests in a company. I know from first hand experience that is not true. If government were funding your whole company, and you as an owner had no skin in the game - then yes, that would be true. However, that is not what government does. I have experience from receiving government grants for our own innovation, as well as receiving the right to sell a government designed product.   Our company competes with a number of other companies that do the same. This investment in our work has given our company a great boost, which has lead to other ideas and inventions as well as growth and expansion. The end user has gotten the benefit of that too, as the government isn't really good at mass production and sales - but we are. However, if the government hadn't made this investment, we would still be doing what we are doing, it would have just taken us a little longer to get here.   You other position is that they only listen to special interests who would like it if the project is as expensive as possible. There is some truth to that, and there are definitely projects where we have seen that, but that is more the exception than the rule. What usually happens is eventually these companies piss off an end user who receives the product which is the result of these bloated contracts. When it gets bad enough, people run to their representatives, and there is a major investigation. I know of a couple of people who have spent time in the Federal Penn, including the owner of another small business in the city where my company is. A lot of times these companies are banned, or are moved to the fringe where they go into a death spiral.   Competition is the lifeblood of capitalism, and our company has grown and succeeded because we pick up business all the time from larger companies who bloat and laziness has caused them to be noncompetitive."}
{"_id": "321680", "title": "", "text": "It's impossible to claim that *no* regulation does this.  But it's ignorant to claim regulations as a *whole* are preventing progress. Which regulations are you buthurt by exactly? The ones that make the police department buy fords? The ones preventing land seizure for government projects? Let's see a list. Other than tump spewing bullshit I doubt you can come up with a list off the top of your head your mad about."}
{"_id": "321683", "title": "", "text": "\"Throughout the mid 00's, TV was filled with crappy \"\"reality\"\" shows like \"\"Flip This House\"\" showing people spending an obscene amount of money on a dilapidated house, then spending an obscene amount of money on it renovating it, and then selling it for an obscene profit a month later.  There were even shows where they would rip out new kitchens, spend $100k on a new one, and make $200,000 on the sale.  The housing market was insane, and was being pushed by realtors, and mortgage companies to trick people into thinking an obscenely priced house was doable on their barely middle class income.  Buyer beware. If prices are going up 20% a year, don't buy into it 4 years into the run and expect it to last forever.\""}
{"_id": "321693", "title": "", "text": "I am drug free and willing to move cross country to work for you for the right money. I am college educated, great with my hands, and have a blue collar employment background. Let me know if you're interested.  Time to sit back and watch the job offers roll in."}
{"_id": "321711", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://openknowledge.worldbank.org/handle/10986/27615) reduced by 75%. (I'm a bot) ***** &gt; AbstractLatin America and the Caribbean does not have the infrastructure it needs, or deserves, given its income.  &gt; Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things.  &gt; Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector - in the form of broader government issues-from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o5c4m/rethinking_infrastructure_in_latin_america_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170098 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **infrastructure**^#1 **America**^#2 **spend**^#3 **report**^#4 **identifies**^#5\""}
{"_id": "321715", "title": "", "text": "Impossible. Unless you have real evidence of knowing a thing or two. I.e. - a degree, or a certification of some sort.   Not trying to be rude, but just honest when I say I would have serious suspicions someone who just happens to work in finance could begin to understand the math behind AI or Blockchain, or even more traditional statistical quant work."}
{"_id": "321719", "title": "", "text": "Does anyone actually read his stuff. I never bothered with his Valeant presentation, which is supposedly wrong, but his recent stuff is absolute garbage. If anyone actually followed those stocks his writing is laughable. I'm not sure if he purposely misconstrues financials to illustrate a narrative or is actually stupid. Probably the former, but that doesn't make him hero."}
{"_id": "321742", "title": "", "text": "They are not supposed to force any tax or escrow payments in addition to your normal principal and interest payment, unless you are delinquent on your taxes and insurance. If you are late or delinquent at all  they can force you into escrows depending on how your Deed of Trust (mortgage) is worded. That being said, I've had to deal with BoA on behalf of clients over the same issues you just mentioned. Their whole system is made to cause chaos and confusion, especially for poor souls trying to complete a short sale, or a loan restructuring program. They are forever losing vital paperwork, or saying they didn't get documents in time, even though you spoke with someone to confirm receipt. They aren't really set up to help anyone, they just give the illusion of it before they foreclose.   I owned a Title and Escrow company for many years, and most all mortgages with most all lenders (in our state) read they had the right to force escrow in the case of delinquency or even accelerate to foreclosure. If you've never been late on either or let your insurance lapse, or taxes fall delinquent, they shouldn't be able to require escrows, unless there is specific language in your original mortgage that says they can.  Also, most people aren't aware that non payment isn't the only reason a  lender can foreclose. Most mortgages read a lender can foreclose for the following reasons:  -Non payment  -Failure to keep homeowners insurance  -Failure to pay taxes  -Condemnation  -Storing toxic waste, or hazardous materials  -Illegal operations and usage (meth labs, etc...)"}
{"_id": "321743", "title": "", "text": "I can see why you'd be reluctant to tell them, but I think you need to be open and honest with them about what you're doing and where you see it going.   If the roles were reversed, what would you want your employee to do in this situation?  If it were me, I'd be much happier to be told up front than to find out some other way later.  If I found out later, I'd feel somewhat betrayed and angry. With the Internet, it seems unlikely that they wouldn't find out eventually, so I think being up front about it is your best option. I also suggest you have a backup plan in case they say no.  Perhaps you'd need to find another full-time job that is more tolerant (or even encouraging) of side businesses."}
{"_id": "321744", "title": "", "text": "A common pattern I'm noticing here is an absence of critical reading.  You don't see that the problem people have is not with your suggestions of approaching education in an alternative way, you are getting down voted because you repeatedly go back to this theme of 'anyone can do it.'  Implying that if you aren't an entrepreneur it's because you are lazy.  That is why you are getting down voted.  You sound like someone patently out of touch with reality.  I know this sounds harsh, but I'm just trying to clarify for you why you are getting hammered with the down votes."}
{"_id": "321777", "title": "", "text": "I think it's also that I see less advertising than I used to.  Originally you had a few TV channels, newspapers, billboards, etc. and the consumer was a sitting duck for any crap the marketeer wanted to push.  Today, basically no adverts get through my ad blocks (including with youtube). I don't really watch freeview TV, and streaming etc. is free of adverts. I don't touch newspapers. So the only adverts I might see are the billboard type - which I stopped looking at when I was a kid. Hell, any kid today is more likely to have their head in a phone or DVD in the car than be looking out the window.  I'd actually say that a company that didn't advertise would have more credibility than one that did. The smart CEO makes sure they appear 'authentic' first - appearing in news stories for what they do, not in adverts."}
{"_id": "321786", "title": "", "text": "Confirming whether the payment was an error The simplest method is to confirm manually with the University whether the payment was a mistake and satisfy that between yourselves. If you're concerned it's fraudulant, I recommend calling the University finance office on a phone number you find on their website, or call one of the people you know. Reversing the payment To formally reverse the payment, I'd check your Product Disclosure Statement on your account with the bank. There's almost always a fee involved where a payment is reversed. It's probably easiest to just issue the payment back to the university to an agreed BSB/Account Number."}
{"_id": "321788", "title": "", "text": "Belkin router setup may require some technical help, so for that we are here. Feel free to contact us through live support window provided on our website. You may take help in any matter related to your Belkin router."}
{"_id": "321794", "title": "", "text": "\"From Amazon's Site:  \"\"If an item is subject to sales tax in the state to which the order is shipped, tax is generally calculated on the total selling price of each individual item.\"\" I'm going to trust a company of this size has this correct. Shipping address.\""}
{"_id": "321807", "title": "", "text": "\"Yes - Simply put, printing money is called \"\"monetizing the debt\"\" and would result in some nasty inflation. It's a no-no as it quickly devalues the currency and makes it far more difficult to borrow in the future, an entire generation will remember getting burned by it. If, say, Canada's currency were suddenly worth half as much and you received half your investment back in US dollars (e.g. you paid US$10,000, but now have US$5000) would you ever trust them again?  The economy is far more complex than one can discuss here, but the fractional reserve system is the next creator of money, although it's not unlimited, the reserve requirement throttles it back. The demand for loans is impacted both by the rate itself and the bank's willingness to lend.  The housing bubble had multiple causes. In a sense Tucson is right. Anything we do to make houses more affordable can cause house price inflation. But - the over the top underwriting had more impact in my opinion. People lost sight of good lending practices. The option rate interest only ARMs were financial time bombs.\""}
{"_id": "321826", "title": "", "text": "Not sure why USPS wouldn't put the screws to stamps.com. Stamps might be sending a lot of customers to USPS but Stamps has a major flaw in their business model by having only one supplier for their key product (stamps). If I were USPS I would leverage that fact to take a high share of Stamp's revenue."}
{"_id": "321842", "title": "", "text": "Today the rates are arrived simply on the basis of demand and supply. Historically rates were pegged to Gold, when all currencies were printed depending on the Gold reserves. So if one country printed 100 units of currency of a 1gm of gold and other country 10 units of currency for 1 gm of gold, the rate would be 1:10. However In the seventies with shortages of Gold and other reasons, USD became the default standard, so the rate started being pegged to the USD reserves the countries started maintaining. However later in the early eighties, US backing out, the rate purely started getting pegged to market demand and supply. So for most currencies there was a default rate to begin with and today its changed ... Incase of USD/EUR, the initial rate was determined by the weighted average of the currencies that it sought to replace. After that its been market supply and demand. Since most of the trade in international market is US denominated, largest being Oil, each country has created a huge reserves of USD. So technically if China were to bank half its USD denominated treasury bills, the USD would come crashing down, but then China itself would be at disadvantage as its value of USD its holding would become less and it cannot buy the same items. Hence all countries keep hording USD and this means US if they print more money, the value will not come down, because it that happens, all countries holding USD would loose their value of reserve. In essence a country can print as much as currency it wants if all(majority) its debts and trades are denominated in local currencies. This is 100% true for US and hence it can get away by printing money. This is also true to a large extent for Japan as bulk of its Debts are denominated in JPY."}
{"_id": "321860", "title": "", "text": "Lol i work at a major prop shop and it is far from retail trading. Existing relations are important and if used well will result in an increased pnl.  Also, this is why i was referring to risk adjusted pnl to take into account different firms strategies.  Honestly your company might have a different way of doing things but at every prop shop and bank ive worked for my pnl was their primary focus.  Edit: i also wouldnt take such a condescending tone if i were you. You are far from the only person on reddit working in the industry."}
{"_id": "321877", "title": "", "text": "Having someone else paying you rent is always going to be the better deal financially. The question is, what does $450k buy in the neighborhood in which you want to live, vs $800k? I'm going to assume you can afford either option (buying a $450k home and not selling, or an $800k home and selling your current one) whether someone's paying you rent or not. Let's make up some numbers here; a $450k home, financed 80/20 (360k principal) at 4% for 30 years will cost you about $1720 in P&I payments per year (plus escrows such as RE taxes, PMI, and homeowners insurance where applicable). An $800k home financed 80/20 (640k principal) at 4% for 30yr will give you payments of about $3,055/mo before taxes and insurance. So, the worst case overall is that you buy a 450k home in the new neighborhood and are not, at any given time, collecting rent on the old property. That would (assuming the mortgage terms on both home loans were comparable) cost you $3440/mo and you'd be living in a $450k home in a neighborhood where 450k may not buy a home as nice as the one you moved out of. The question as I stated above is this; assuming you had a reliable tenant in your home for the entire remaining life of the loan on your current home, which is more acceptable to you: buying $450k of home (which might be a downgrade in sqft or amenities) and paying $2020 in P&I, or paying about a grand more ($3055/mo) for a much nicer home in the new location? Strictly from a money perspective, the renter is going to be the best option, IF you get reliable tenancy for the entire life of the mortgage on that house; you'll be paying $2020/mo for 30 years, which is $727,200, to end up with $950k of total home value (plus adjustments for actual home value appreciation/depreciation). That's the only way you'll come out ahead on any mortgage; have someone else pay most of it for you. If you don't rent, the $800k home will cost you $1,099,800, while two $450k homes will cost you $1,454,400. The percentage of home value over total payments for the 800k home would be 72% (you will have paid 137% of the value of the home), while you will have paid 153% of the value of two 450k homes."}
{"_id": "321888", "title": "", "text": "That is absolute madness. The repercussions of that are, I believe, not being properly factored into your calculation.   If I'm an entry level employee, and I have lots of kids, I may receive fairly generous public dollars. If I have no kids, I won't. Is your solution to pay all entry level employees more, or just to pay people who have kids more? Neither of these is without consequence."}
{"_id": "321895", "title": "", "text": "No kidding.  Go to a Polo outlet and everything made to go direct to the outlet has a big whitish circle on the garment tag.  Last time I bothered going to one (years ago FWIW) this was at least 80% of the store.  I don't need a pony on my shirt; I want a shirt that's going to last me 20 years."}
{"_id": "321905", "title": "", "text": "You find a man in his 50s that hasn't said something bad about women...secoud the backbone of the country voted for him, the police, fire, military, veterans. All you libtards that want to ban guns and open borders, you aren't paying attention to all the problems in  Europe, weekly terror attacks... so did you vote for Bernie, a communist,  because communism is so successful, look at Cuba they  finally got the Internet. Or Hilary who lied on TV about sending classified material, then the FBI, or should say ex fbi director say that she did. And don't forget Aberdeen, her top assistant who supports sharia law (which basically it's ok to treat women like slaves) and her husband that got in trouble for sexting a 14 year old."}
{"_id": "321909", "title": "", "text": "I think it's impossible to work for an evil company without realizing they're evil, just as it's impossible to work for a sinking ship without realizing just that.  Any worker with half a brain would be able to tell the store is going under (open for business and nobody home?  More employees in the store than customers?).  If I worked at any of those places, I'd be sending my resume out day and night looking for a way out.  However, for most of the people on the actual store floors, they're McJobs anyway, and as much as it sucks to axe them, those jobs come and go by the dozen anyway."}
{"_id": "321920", "title": "", "text": "I've heard in both cases the hours are usually steady unless you're closing a deal, in which case you can expect a lot of long hours similar to IB. I'm sure this changes based on the size of the firm, but how many deals do you normally close in a year, and how long are you typically working on each one?"}
{"_id": "321940", "title": "", "text": "I found this number pretty interesting:  &gt; Over the past 12 months, according to the JOLTS survey, there were 62.9 million hires while separations totaled 60.7 million, resulting in a net job gain of 2.2 million for the period ending April 30.  If true, that means that about 50% of the 126 million households in the US experienced  a job loss in the past 12 months.   Does that seem realistic?"}
{"_id": "321941", "title": "", "text": "If the equity market in the USA crashed, its very likely equity markets everywhere else would crash. The USA has a high number of the world's largest businesses and there are correlations between equity markets. So you need to think of equities as a global asset class, not regional. Your question is then a question about the correlation between equity markets and currency markets.  Here's a guess: If equity markets crashed, you would see a lot of panic selling of stocks denominated in many currencies, but probably the most in USD, due to the large number of the world's largest businesses trading on US stock exchanges. Therefore, when the rest of the world sells US equities they receive cash USD, which they might sell for their local currency. That selling pressure would cause USD to fall. But, when equity markets crash there's a move to safety of the bond markets. The world's largest bond markets are denominated in which currency? Probably USD. So those who receive USD for their equities are going to spend that USD on bonds. In which case there is probably no correlation between equity markets and currency markets at all. A quick google search shows this kind of thing"}
{"_id": "321942", "title": "", "text": "So much spin with you.  Kenyes wrote explicitly about deficit spending, and the repayment of those deficits.  The denomination of the currency, floating or otherwise, is besides the point.  Again, you just want to model away the burden and risk of debt.  It's never worked, and it never will."}
{"_id": "321944", "title": "", "text": "\"I don't understand how millenials could have gotten \"\"stuck\"\" in cities by the 2008 financial crisis. Cities are expensive AF and if your job goes away you do too after a short period. Back to mom and dad, typically, in the suburbs, typically.\""}
{"_id": "321954", "title": "", "text": "Gas stations have existed for 100 years. Automobile ownership has not increased by 10% year over year since before JFK was President.  EVs are growing so next summer when 1000s of Model 3s take summer road trips to Yellowstone or another popular destinations there will be dozens of gas stations able to service cars at 5 min per pump all day long. The Model 3s will overwhelm the superchargers and need 30 or more minutes per charger. Same for NFL stadiums that draw fans from 100 miles away so a game-time charge is desired. Road trips 2017 are going to be Hell on Earth and the S and X owners used to infrequent Mike inconveniences are going to freak out. Workplaces such as hospitals could install 3 chargers and handle the doctors and VPs needs. Now staff will roll up in 3s and park just like the doctors clogging up the charger all shift. Pop up some corn while the infrastructure catches up."}
{"_id": "321969", "title": "", "text": "That guy seems unusually shortsighted to me. Instagram may be worth a billion or not, no one can tell at this time.  Who would have guessed in 1975 that there was such a huge market for personal computers? Or in 1990, who would have bet on the on-line search business?   All new technology is doubtful at best, anyone who bet on flying cars would have lost everything, but no one knows in advance. It's really stupid to disparage innovations like that. 90% of them may lead nowhere, but the ones that are successful will bring 1000% profits, and no one can tell which one is doomed to failure or not."}
{"_id": "321983", "title": "", "text": "In U.K. and Europe this is the law. You either have use by for fresh or frozen or best before for non perishable items liked tinned or dried products. They are probably doing this to make all products comply with global laws."}
{"_id": "321989", "title": "", "text": "It's not.  I'm saying in a public context, your consensus mechanism is either proof of work or proof of stake, and both require a blockchain native currency.  In a private context, you know who all the nodes are, so you don't have to worry about Sybil attacks, and can use traditional consensus algorithms that rely on no more than a third of nodes collaborating on criminal fraud."}
{"_id": "322013", "title": "", "text": "What article doesn't say is that Buffet is invested in electric trucks and buses with a Chinese company operating in both China and Southern California. That's his real concern. The trains would barely be affected and would probably do better since automated trucking would spawn a new era of highwaymen."}
{"_id": "322033", "title": "", "text": "This may effect how much, or under what terms a bank is willing to loan us I don't think this is likely, an investment is an investment whether it is money in a savings account or a loan. However, talk to your bank. Is it worth getting something by a lawyer? Definitely, you need a lawyer and so do your parents. There is a general presumption at law that arrangements between family members are not meant to be contracts. You definitely want this to be a contract and engaging lawyers will make sure that it is. You also definitely want this to be a proper mortgage so that you get first call on the property should your parents die or go bankrupt. In addition, a lawyer will be able to advise you of the pitfalls that you haven't seen. If both of my parents were to pass away before the money is returned, would that document be enough to ensure that the loan is returned promptly? No, see above. Tax implications: Will this count as taxable income for me? And if so, presumably my parents can still count it as a tax deduction? Definitely, however the ATO is very keen that these sorts of arrangements do not result in tax minimisation. Your parents will get a deduction at the rate charged; you will pay tax on the greater of the rate charged or a fair commercial rate i.e. what your parents would be paying a bank. For example, if the going bank mortgage rate is 5.5% and you charged 2% they get the deduction for 2%, you pay tax as though they had paid 5.5%. Property prices collapse, and my parents aren't able to make their repayments, bank forecloses on the place and sells it, but not even enough to cover the outstanding loan, meaning my parents no longer have our money. (I could of course double down and pay their monthly repayments for them in this case). First, property prices collapsing have no impact on whether your parents can pay the loan. If they can it doesn't matter what the property is worth. If they can't then it will be sold as quickly as possible for an amount that covers (as far as possible) the first mortgagee's indebtedness.  It is only in reading this far that I realise that there will still be a bank as first mortgagee. This massively increases the risk profile. Any other risks I have missed? Yes, among others: Any mitigations for any identified risks? Talk to a lawyer. Talk to an accountant. Talk to an insurance professional. Anything I flagged as a risk that is not actually an issue? No Assuming you would advise doing this, what fraction of savings would you recommend keeping as a rainy day fund that can be accessed immediately? I wouldn't, 100%."}
{"_id": "322046", "title": "", "text": "there are several reasons you might want good credit even if you could afford to pay for all your expenses in cash. having pointed out all the above reasons to have good credit, it is probably worth noting that many people with good credit choose to not borrow simply because they are more comfortable with the risks of not borrowing (e.g. inflation risk), than they are with the risks of borrowing (e.g. investment volatility)."}
{"_id": "322049", "title": "", "text": "I think this question is very nearly off-topic for this site, but I also believe that a basic understanding of the why the tax structure is what it is can help someone new to investing to understand their actual tax liability. The attempt at an answer I provide below is from a Canadian & US context, but should be similar to how this is viewed elsewhere in the world. First note that capital gains today are much more fluid in concept than even 100 years ago. When the personal income tax was first introduced [to pay for WWI], a capital gain was viewed as a very deliberate action; the permanent sale of property. Capital gains were not taxed at all initially [in Canada until 1971], under the view that income taxes would have been paid on income-earning assets all along [through interest, dividends, and rent], and therefore taxing capital gains would be a form of 'double-taxation'. This active, permanent sale was also viewed as an action that an investor would need to work for. Therefore it was seen as foolish to prevent investors from taking positive economic action [redistributing their capital in the most effective way], simply to avoid the tax. However today, because of favourable taxation on capital gains, many financial products attempt to package and sell capital gains to investors. For example, many Canadian mutual funds buy and sell investments to earn capital gains, and distribute those capital gains to the owners of the mutual fund. This is no longer an active action taken by the investor, it is simply a function of passive investing. The line between what is a dividend and what is a capital gain has been blurred by these and similar advanced financial products. To the casual investor, there is no practical difference between receiving dividends or capital gain distributions, except for the tax impact. The notional gain realized on the sale of property includes inflation. Consider a rental property bought in 1930 for $100,000, and sold in 1960 for $180,000, assuming inflation between 1930 and 1960 was 70%. In 1960 dollars, the property was effectively bought for 170k. This means the true gain after accounting for inflation is only $10k. But, the notional gain is $80k, meaning a tax on that capital gain would be almost entirely a tax on inflation. This is viewed by many as being unfair, as it does not actually represent true income. I will pause to note that any tax on any investment at all, taxes inflation; interest, for example, is taxed in full even though it can be almost entirely inflationary, depending on economic conditions. A tax on capital gains may restrict market liquidity. A key difference between capital gains and interest/rent/dividends, is that other forms of investment income are taxed annually. If you hold a bond, you get taxed on interest from that bond. You cannot gain value from a bond, deferring tax until the date it matures [at least in Canada, you are deemed to accrue bond interest annually, even if it is a 0 coupon bond].  However, what if interest rates have gone down, increasing the value of your bond, and you want to sell it to invest in a business? You may choose not to do this, to avoid tax on that capital gain. If it were taxed as much as regular income, you might be even more inclined to never sell any asset until you absolutely have to, thus restricting the flow of capital in the market. I will pause here again, to note that laws could be enacted to minimize capital gains tax, as long as the money is reinvested immediately, thus reducing this impact.  Political inertia / lobbying from key interests has a significant impact on the tax structure for investments. The fact remains that the capital gains tax is most significantly an impact on those with accrued wealth. It would take significant public support to increase capital gain tax rates, for any political party to enact such laws. When you get right down to it, tax laws are complex, and hard to push in the public eye. The general public barely understands that their effective tax rate is far lower than their top marginal tax rate. Any tax increases at all are often viewed negatively, even by those who would never personally pay any of that tax due to lack of investment income. Therefore such changes are typically made quietly, and with some level of bi-partisan support. If you feel the capital gains tax rules are illogical, just add it to the pile of such tax laws that exist today."}
{"_id": "322052", "title": "", "text": "Actually it's a perfectly good way. There is solid evidence showing most top level corporation CEOs do relatively little. A huge amount of the time their profits are down to market increases, they claim responsibility. Yet they blame the market when it is on a downturn abduction avoid losing bonuses etc. So they win every way.   Really share holders needsimple majority (not super majority as it is now) to oppose remuneration packets and for the votes to be binding not merely advisory as they are now. Also share holders should be able to offer counter remuneration packages etc.   The remuneration committee system is in need of huge reform because it does not work (as committee members are industry peers at or around that level it always pays to inflate offers because they benefit as it inflates exec wages in the industry) and is full of perverse incentives. Share holders need more power and claw back systems introduced for poor performance and more modest bonuses, bonuses spread over long periods of time and linked to long term profitability, no golden handshakes or welcomes, more measured bonuses and some claw backs set against market indicators so they dont ride on successes out of their control. There also needs to be more willingness to fire poorly performing execs."}
{"_id": "322053", "title": "", "text": "Investing in companies because they are successful and growing is a common fallacy. Their stocks usually don't perform any better than average stocks because you get what you pay for. You have to consider valuation even when selecting growth stocks."}
{"_id": "322064", "title": "", "text": "\"It appears you can elect to classify some or all of your scholarship money as taxable.  If you do this, you would be deemed to have used the scholarship funds for non-deductible purposes (e.g., room and board), and you could be eligible to claim the American opportunity credit based on the money you used to pay for the tuition out of your own pocket. I found this option in the section of Publication 970 about \"\"Coordination with Pell grants and other scholarships\"\", specifically example 3: The facts are the same as in Example 2\u2014Scholarship excluded from income [i.e., Bill receives a $5600 scholarship and paid $5600 for tuition]. If, unlike Example 2, Bill includes $4,000 of the scholarship in income, he will be deemed to have used that amount to pay for room and board. The remaining $1,600 of the $5,600 scholarship will reduce his qualified education expenses and his adjusted qualified education expenses will be $4,000. Bill's AGI will increase to $34,000, his taxable income will increase to $24,250, and his tax before credits will increase to $3,199. Based on his adjusted qualified education expenses of $4,000, Bill would be able to claim an American opportunity tax credit of $2,500 and his tax after credits would be $699. You can only reclassify income in this way to the extent that your scholarship allows you to use that money for nonqualified expenses (such as room and board).  You should carefully check the terms of the scholarship to determine whether it allows this.  The brief paragraph you cite from the Palmetto fellowship document is not totally clear on this point (at least to my eye).  You might want to ask the fellowship administrators if there are restrictions on how they money may be used. In addition, I would be cautious about attempting to do this unless you actually did pay for the nonqualified expenses yourself, so you can treat the money as fungible.  If, for instance, your parents paid for your room and board, it's not clear whether you could legitimately claim that you used the scholarship money to pay for that, since you didn't pay for it at all (although in this case your parents could possibly be able to claim the AOC themselves).  I mention this because you say in your question that you \"\"only used the scholarship for tuition and fees\"\".  I'm not sure how exactly you meant that, but it seems from the example cited above that, in order to claim the scholarship as taxable income, you have to actually have nonqualified expenses which you can say you paid for with the scholarship.  (Also, of course, you had to actually receive the money yourself.  If the scholarship money was given directly to your school as payment of tuition, then you never had any ability to use it for anything else.)\""}
{"_id": "322068", "title": "", "text": "Go with a TFSA before RRSP unless your wages put you in the top two tax brackets.  The promise that your tax rates will be lower in retirement is just a sales pitch.  You can see how this plays out with your own assumptions using the spreadsheet at http://www.retailinvestor.org/SaveInRRSPorTFSA.xls There are long list of differences between the accounts (see http://www.retailinvestor.org/rrsp.html#tfsa) but most all come down on the side of the TFSA unless you are a high roller."}
{"_id": "322070", "title": "", "text": "\"when the index is altered to include new players/exclude old ones, the fund also adjusts The largest and (I would say) most important index funds are whole-market funds, like \"\"all-world-ex-US\"\", or VT \"\"Total World Stock\"\", or \"\"All Japan\"\".  (And similarly for bonds, REITS, etc.)  So companies don't leave or enter these indexes very often, and when they do (by an initial offering or bankruptcy) it is often at a pretty small value. Some older indices like the DJIA are a bit more arbitrary but these are generally not things that index funds would try to match. More narrow sector or country indices can have more of this effect, and I believe some investors have made a living from index arbitrage.  However well run index funds don't need to just blindly play along with this. You need to remember that an index fund doesn't need to hold precisely every company in the index, they just need to sample such that they will perform very similarly to the index.  The 500th-largest company in the S&P 500 is not likely to have all that much of an effect on the overall performance of the index, and it's likely to be fairly correlated to other companies in similar sectors, which are also covered by the index.  So if there is a bit of churn around the bottom of the index, it doesn't necessarily mean the fund needs to be buying and selling on each transition.  If I recall correctly it's been shown that holding about 250 stocks gives you a very good match with the entire US stock market.\""}
{"_id": "322077", "title": "", "text": "Most quants I've worked with aren't exceptional programmers. I definitely think you can teach yourself enough C++ to get by. You probably want to learn a little of Matlab, R, Sas, Excel, and SQL along with C++ rather than to try to be an expert in programming."}
{"_id": "322078", "title": "", "text": "I like Bernie. But when people say Bernie is crazy/stupid they mean his solutions aren't good. For example, raising minimum wage to 15$ an hour will increase unemployment by the millions and cause automation to grow faster, causing even more longterm unemployment.  Hell, even basic income is a better idea.  But he's right, there's a lot of income inequality and we should think of better solutions."}
{"_id": "322086", "title": "", "text": "you're correct in that email &amp; www is one of the reasons for the decline in first class mail.  but while convenient to get electronic statements, and payments, I don't do them for the following reasons. there's no float on your funds, two a bill by mail is a legal document, in many cases with electronic payments if there is a dispute you have to request in writing, by mail the item(s) that in dispute. lastly, like any business these days, its not like they're passing on any savings to you for the costs they've saved by not using a friggin stamp. its like the self checkout.. shouldn't you get a discount for checking out your own groceries?  also i'd be remised if i did not point out the sorry state of the adoption and availability of broadband in this country. 15% are still on dialup. anyway.."}
{"_id": "322092", "title": "", "text": "Kind words from one of our customers, and further proof that we really are the best painters in Vancouver: \u201c[Our friend] raved about your service and good workmanship, I was equally impressed. We found your guys friendly and a joy to be around.\u201d http://barwickpainting.com/"}
{"_id": "322099", "title": "", "text": "They may have been the least stinky dirty shirt but they would have gone down with every other big bank had the feds not stepped in.  Further, they agreed to a 13 billion dollar fine for their role in the financial crisis. An innocent bank doesn't do that."}
{"_id": "322113", "title": "", "text": "Absolutely.... False. The united states throws away more food than any other country in the world and yet other countries have healthier food. Just try to put yourself in the shoes of the wealthiest. Imagine the power and temptation behind paying off the regulators and having your own wallet fueled by billions of people. Its absurd to think it's not happening. I love how even Stephen Hawking says the end of humanity is not some cosmic explosion or the sun dying out. It's the immorality of capitalism.   Don't get me wrong, I believe capitalism has amazing benefits like resiliency to economic collapse and how competition drives progress, but we absolutely need a baseline to protect natural human rights like health, food, poverty and birth control.   Do you really think that immigration in politics has to do with race or stifling stem cell research is due to religion? Its All. About. The. Money."}
{"_id": "322130", "title": "", "text": "Wtf are you talking about? Do you realize how many pharma companies there are? There's tons. New ones pop up all the time. People here seem to think that the pharma industry is like, 7-8 major companies that are all colluding to destroy human society."}
{"_id": "322149", "title": "", "text": "\"No, virtually ever item in the CPI is adjusted using hedonics, which by definition can only be used to lower inflation, not adjust it up.  Hedonics is not necessarily bad, but it doesn't actually reflect inflation, it reflects standard of living vs. purchasing power, which is not useful for a purely monetary measure.  It also does not correctly reflect that despite the fact that a 1970's 20\"\" TV cannot from an economic standpoint be directly compared to a 2012 20\"\" TV, if the price is the same (adjusted for inflation), inflation represents how the value of the dollar has accrued vs the value of a 20\"\" TV, which is what the definition of inflation is.  So, no, I don't think you're correct on this. This is also kind of glossing over the fact that the CPI essentially makes the bold argument that energy and transportation prices never affect inflation.\""}
{"_id": "322157", "title": "", "text": "\"There are a number of reasons I'm in agreement with \"\"A house that is worth $300,000, or $50,000 of equity in a house and $225,000 in the bank.\"\"  So, the update to the first comment should be \"\"A paid off house worth $300K, or a house with $150K equity and $275K in the retirement account.\"\"  Edit - On reflection, an interesting question, but I wonder how many actually have this choice. When a family budgets for housing, and uses a 25% target, this number isn't much different for rent vs for the mortgage cost. So how, exactly do the numbers work out for a couple trying to save the next 80% of the home cost? A normal qualifying ration allows a house that costs about 3X one's income. A pay-in-full couple might agree to be conservative and drop to 2X. Are they on an austerity plan, saving 20% of their income in addition to paying the rent? Since the money must be invested conservatively, is it keeping up with house prices? After 10 years, inflation would be pushing the house cost up 30% or so, so is this a 12-15 year plan?  I'm happy to ignore the tax considerations. But I question the math of the whole process. It would seem there's a point where the mortgage (plus expenses) add up to less than the rent. And I'd suggest that's the point to buy the house.\""}
{"_id": "322168", "title": "", "text": "\"Nearly every country has its own exchange because so many countries have their own currency, and currency permeates every part of an exchange's business.   Generally, an exchange will support transaction and settlement only in local currency.  Securities (except those that explicitly enable FX trading) are denominated and will trade in a single currency-- you can only buy a share of IBM in U.S. dollars.  Securities trading always seeks to be a clean, frictionless, scalable process, and adding cross-currency translation to the mix would just complicate things.  So it's one exchange, one currency. In most countries, citizens and even businesses are largely restricted to having bank accounts in local currency.  There are various political reasons for this, but there it is:  it is difficult or impossible to open a domestic bank account in a foreign-denominated currency.  A public company headquartered in a given country will be required to publish financial statements in local currency, will be more likely to do business with the local citizenry and businesses in that currency, and so will likely look for investors from that same pool-- which generally means listing in local currency, which means on an exchange in that country. There are exceptions, of course.  Big multinationals do business all over the world, and many seek investors all over the world as well.  Mechanisms have been created to permit this (American Depositary Receipts or ADRs, for example).  But once again, cross-currency translation makes things more complicated, so ADRs and their like are only practical for very big international players. As to why there may be many exchanges in a single country, IMO Nick R has it right.  Read \"\"Flash Boys\"\"; many market makers profit from trading between exchanges, and so have an interest in there being many of them.  And in the U.S., regulators have expressed an interest in \"\"innovation\"\" in the exchange space, and so permit them.  There is also an argument to be made against having a single \"\"Too Big To Fail\"\" exchange just like the argument for banks, but I wouldn't call that a \"\"reason\"\" for the current state of affairs.\""}
{"_id": "322171", "title": "", "text": "In highly developed and competitive industries companies tread a continuous and very fine line between maximising shareholder profits by keeping prices up while making products as cheaply as possible, vs competitors lowering prices when they work out a way to make equivalents cheaper. In the short run you will quite often see companies hold onto large portions of efficiency savings (particularly if they make a major breakthrough in a specific manufacturing process etc) by holding old prices up, but in the long run competition pretty quickly lowers prices as the companies trying to keep high margins and prices get ruthlessly undercut by smaller competitors happy to make a bit less."}
{"_id": "322194", "title": "", "text": "Yes you will pay interest and youll have to ensure you dont have an early pay off penalty.   Just say you cant make it in until later in the week. The time for the loan paperwork and the hit to your credit score (what happens if you dont get approved by some freak reason?) In myopinion its worth the wait because even with the loan youll most likely have to put aome money down and depending on where you live youll have loan setup fees or a percentage takwn out for loan origination fees."}
{"_id": "322219", "title": "", "text": "Let me add another consideration to the company's side of the equation.  Not only is a 401K a tool for the company to make them competitive when recruiting employees among other companies that offer that benefit, it is also a good retention tool. Most company's 401K plans include a vesting period of at least 3 years, sometimes more. An employee that leaves the company before they are vested in the plan will have to give up some % of the employer matched funds in the account. This gives employees incentive to stick around longer and the company reduces the risk of turnover which can be costly in terms of training and recruiting. This also factors into the reason why employers would rather give matching on the 401K than a simple pay raise. Some of those employees are going to leave during the vesting period anyway, and when that happens the employer got the benefit of motivating (extrinsically) the employee, but in the end got to keep some of the money."}
{"_id": "322220", "title": "", "text": "The millionaires I know, all got rich because they got lucky. And when I had a million, I got that mostly by luck as well. I had to take some risks, and people said I was absolutely mad, but I stuck to my guns.   Most millionaires are rich because of luck. But very few of them will admit it. Preferring to think that skill, effort and business acumen got them there. Nope. It was luck."}
{"_id": "322228", "title": "", "text": "If you want to do asset management or investment research, look into the [CFA Program](https://www.cfainstitute.org/programs/cfaprogram/Pages/index.aspx?WPID=Programs&amp;PageName=Homepage). If this looks like your cup of tea, I advise registering for and taking the June 2018 CFA Level I exam. You will receive all the books you need to study."}
{"_id": "322238", "title": "", "text": "That totally sucks!  I use Avis for work once a year when I'm flown out to corporate and both times I've done so they've managed to fuck up in regards to my reservation.    The first time I received an email from them thanking me for using their service when I still had the car and saw a new $300 charge on my credit card.  When I called to inquire about the car I had rented 3 days earlier that was still in my possession they informed me that the vehicle had been checked into one of their depots 2300 miles away and they were citing a fee for returning the vehicle to another location.  When I asked the agent how many miles were recorded driven on the vehicle she responded with 108.  I then asked her how far she thought Chicago was from San Francisco and if it was possible to drive that distance in 3 days while only incurring 108 miles on the vehicle.  In the end, they refused to back down and I had to involve corporate to settle everything.  The second issue was much less eventful but happened a week ago when I checked out a car.  I received an email 2 hours later saying they're sorry my car hadn't been available and to call them for an explanation.  Puzzled as I had gotten the car I had asked for I called and was told that their system says I had checked out and in the very same car I had the previous day at 8:34pm (check in and check out were recorded as the same time, same day) and they charged me $50 for a single day's rental.  This time they recognized that it was an error and credited me back the money on my CC but I don't know why they have so many issues with their reservation system."}
{"_id": "322246", "title": "", "text": "\"In a nutshell - Value Added Tax. America, as usual, discovers what others have known and used for years. The idea of not taxing income that's tied to it is ridiculous. If you're only taxing spending but not income, people will just take spending elsewhere (Canada, Mexico, further away), and the economy will go down the drain. That's similar to the way people avoid paying sales tax now, except that it will be in orders of magnitude. Why should a corporation by office supplies in the US, if it has a branch in China? Edit Also, Fair Tax doesn't take into account moving money overseas. I've mentioned living elsewhere down below, and that also got me thinking of how I personally would certainly gain from that ridiculous thing called \"\"Fair Tax\"\". Basically, that's exactly how the \"\"rich folks\"\", those who push for it, will gain from it. Being able to move money out of the US basically makes it a perfect tax shelter. You don't pay taxes on the income (that you have in the US), and you don't pay taxes on the spendings (that you have elsewhere, because in that country income is taxable so you only pay VAT or sales taxes). This means that all the wealthy people, while investing and gaining money from the American economy (stocks, property, etc), will actually not be spending it in the US. Thus, no taxes paid to the US, dollars flowing out. Perfect. Actually, I should be all for this stupid idea. Very fair to me, no need to pay any taxes at all, because food will probably be exempt anyway.\""}
{"_id": "322249", "title": "", "text": "\"At this point there is not much you can do.  The documentation probably points to you being the sole owner and signer on the loan.  Then, any civil suit will degenerate into a \"\"he said, she said\"\" scenario.  Luckily, no one was truly harmed in the scenario.   Obtaining financing through a car dealer is almost always not advisable.  So from here, you can do what should have been done in the first place.  Go to banks and credit unions so your daughter can refinance the car.  You will probably get a lower rate, and there is seldom a fee.   I would start with the bank/CU where she does her checking or has some other kind of a relationship.  If that fails, anywhere you can actually sit and talk with a loan officer is preferable over the big corporate type banks.   Car dealers lying is nothing new, it happens to everyone.  Buying a car is like a battle.\""}
{"_id": "322253", "title": "", "text": "It boils down to this:  Who, or what, would you want to take care of financially if you were to die tomorrow? That's why you need life insurance. I'm pretty sure that your creditors would line up to receive payment from the life insurance check, so that's part of figuring out how much coverage you should have. The life insurance premiums are another monthly payment, of course, but every day there is a small chance that you could die.  Insuring against that small chance vs. paying down your debt faster is a decision that needs to be made, and you (or your brother) are the ones that will make it."}
{"_id": "322259", "title": "", "text": "When banks create a loan, it is said they write the debit account out of thin air (liability), balanced by the loan (asset).  When the person who gets the loans spends the money, the bank has to pay it.  If the bank only has 10% reserves of the money it loans, how does the bank pay out it's loans?  Does it borrow the money from the Fed and then pay it back?"}
{"_id": "322284", "title": "", "text": "\"You have to calculate the total value of all shares and then ask yourself \"\"Would I invest that amount of money in this stock?\"\"  If the answer is yes, then only sell what you need to sell. Take the $3k loss against your income, if you have no other gains.   If you would not invest that amount of cash in that stock, then sell it all right now and carry forward the excess loss every year. Note at any point you have capital gains you can offset all of them with your loss carryover (not just $3k).\""}
{"_id": "322293", "title": "", "text": "\"The Answer is yes according to multiple online sources and my local bank. This approach is a common technique to building your own home. You finance the land, build the simplest possible dwelling (say a garage with 1 bathroom/bedroom), refi into a mortgage and get cash back and then build your \"\"real house\"\" or add on, etc. This eliminates the banks demands that come with a \"\"construction loan\"\" and saves you 10s of thousands in the process (fees, contractors, scheduling, design, etc)\""}
{"_id": "322297", "title": "", "text": "\"I didn't say that the economy isn't doing well. You just made that up.  It is a fact that the president has little to nothing to do with the stock market. Whether you want to believe that or not, it is still a fact.   I don't \"\"believe\"\" WaPo. What I do is listen to the idiotic words that your leader says. I listen to him pretend to have invented the phrase \"\"prime the pump\"\" while simultaneously using it in the wrong context. I listen to him pretend that \"\"covfefe\"\" was something other than a typo. I listen to him demonstrate over and over that he has no clue what he's talking about on a variety of subjects ranging from how the internet works to what an armada being \"\"on the way\"\" means.   If you can honestly look at the past 8 months, the things that he's said, and the things that he's done, and come to any conclusion other than that he's a fucking moron, you're just as stupid as he is.\""}
{"_id": "322311", "title": "", "text": "I will add one point missing from the answers by CQM and THEAO. When you take a loan and invest the proceeds, the interest that you pay on the loan is deductible on Schedule A, Line 14 of your Federal income tax return under the category of Investment Interest Expense.  If the  interest expense is larger than all your investment earnings (not just those from the loan proceeds), then you can deduct at most the amount of the earnings, and carry over the excess investment interest paid this year for deduction  against investment earnings in future years. Also, if some of the earnings are long-term capital gains and you choose to deduct the corresponding investment interest expense, then those capital gains are taxed as ordinary income instead of at the favored LTCG rate. You also have the option of choosing to deduct only that amount of interest that offsets dividend (and short-term capital gain) income that is taxed at ordinary rates, pay tax at the LTCG rate on the capital gains, and carry over rest of the interest for deduction in future years. In previous years when the tax laws called for  reduction in the Schedule A deductions for high-income earners, this investment interest expense was exempt from the reduction. Whether future tax laws will allow this exemption depends on Congress. So, this should be taken into account when dealing with the taxes issue in deciding whether to take a loan to invest in the stock market."}
{"_id": "322314", "title": "", "text": "\"Also the will stipulated that the house cannot be sold as long as one of my wife's aunts (not the same one who supposedly took the file cabinet) is alive. This is a turkey of a provision, particularly if she is not living in the house.  It essentially renders the house, which is mortgaged, valueless.  You'd have to put money into it to maintain the mortgage until she dies and you can sell it.   The way that I see it, you have four options: Crack that provision in the will.  You'd need to hire a lawyer for that.  It may not be possible.   Abandon the house.  It's currently owned by the estate, so leave it in the estate.  Distribute any goods and investments, but let the bank foreclose on the house.  You don't get any value from the house, but you don't lose anything either.  Your father's credit rating will take a posthumous hit that it can afford.  You may need to talk to a lawyer here as well, but this is going to be a standard problem.   Explore a reverse mortgage.  They may be able to accommodate the weird provision with the aunt and manage the property while giving a payout.  Or maybe not.  It doesn't hurt to ask.   Find a property manager in Philadelphia and have them rent out the house for you.  Google gave some results on \"\"find property management company Philadelphia\"\" and you might be able to do better while in Philadelphia to get rid of his stuff.  Again, I'd leave the house on the estate, as you are blocked from selling.  A lawyer might need to put it in a trust or something to make that work (if the estate has to be closed in a certain time period).  Pay the mortgage out of the rent.  If there's extra left over, you can either pay down the mortgage faster or distribute it.   Note that the rent may not support the mortgage.  If not, then option four is not practical.  However, in that case, the house is unlikely to be worth much net of the mortgage anyway.  Let the bank have it (option two).   If the aunt needs to move into the house, then you can give up the rental income.  She can either pay the mortgage (possibly by renting rooms) or allow foreclosure.  A reverse mortgage might also help in that situation.   It's worth noting that three of the options involve a lawyer.  Consulting one to help choose among the options might be constructive.  You may be able to find a law firm with offices in both Florida and Pennsylvania.   It's currently winter.  Someone should check on the house to make sure that the heat is running and the pipes aren't freezing.  If you can't do anything with it now, consider winterizing by turning off the water and draining the pipes.  Turn the heat down to something reasonable and unplug the refrigerator (throw out the food first).  Note that the kind of heat matters.  You may need to buy oil or pay a gas bill in addition to electricity.\""}
{"_id": "322356", "title": "", "text": "Looking for Emergency Plumber Portland? Then visit Plumbing Portland Serv, with a team of experts having years of hands on experience, we are one of the best plumbing service company in Portland. Visit us now to know more about our service."}
{"_id": "322373", "title": "", "text": "You bought a bobcat attachments someday back nonetheless you\u2019re not using it so often, one in all the foremost smart things that you simply will do is to lease it out in order that you\u2019ll be able to earn some financial gain from using it."}
{"_id": "322395", "title": "", "text": "You purchased the check from the bank. Your funds have been transferred. If the recipient never cashed the check, the money continues to be the bank's, just as if you had written s normal check that didn't get cashed the money would sit in your account."}
{"_id": "322417", "title": "", "text": "\"Yes, they are, and you've experienced why. Generally speaking, stocks that pay dividends will be better investments than stocks that don't.  Here's why: 1) They're actually making money. They can finagle balance sheets and news releases, but cash is cash, it tells no lies. They can't fake it.   2) There's less good they can do with that money than they say. When a business you own is making money, they can do two things with it: reinvest it into the company, or hand it over to you. All companies must reinvest to some degree, but only a few companies worth owning can find profitable ways of reinvesting all of it. Having to hand you, the owner, some of the earnings helps keep that money from leaking away on such \"\"necessities\"\" like corporate jets, expensive printer paper, or ill-conceived corporate buyouts.      3) It helps you not freak out. Markets go up, and markets go down. If you own a good company that's giving you a nice check every three months, it's a lot easier to not panic sell in a downturn. After all, they're handing you a nice check every three months, and checks are cash, and cash tells no lies. You know they're still a good company, and you can ride it out.    4) It helps others not freak out. See #3. That applies to everyone. That, in turn means market downturns weigh less heavily on companies paying solid dividends than on those that do not.  5) It gives you some of the reward of investing in good companies, without having to sell those companies. If you've got a piece of a good, solid, profitable, growing company, why on earth would you want to sell it?  But you'd like to see some rewards from making that wise investment, wouldn't you?     6) Dividends can grow. Solid, growing companies produce more and more earnings. Which means they can hand you more and more cash via the dividend. Which means that if, say, they reliably raise dividends 10%/year, that measly 3% dividend turns into a 6% dividend seven years later (on your initial investment). At year 14, it's 12%. Year 21, 24%. See where this is going? Companies like that do exist, google \"\"Dividend Aristocrats\"\".  7) Dividends make growth less important. If you owned a company that paid you a 10% dividend every year, but never grew an inch, would you care? How about 5%, and it grows only slowly?  You invest in companies, not dividends. You invest in companies to make money. Dividends are a useful tool when you invest -- to gauge company value, to smooth your ride, and to give you some of the profit of the business you own. They are, however, only part of the total return from investing -- as you found out.\""}
{"_id": "322419", "title": "", "text": "I helped my friend who has a Lenovo and he wanted to completely reset the system back to factory settings.  I couldn't believe the amount (or rather lack of) bloatware from the factory. I mean sure, it had a few things but I have an HP computer and after the Lenovo factory reset, it probably had 1/5th the amount of bloatware on it than my HP.  If Lenovo improves on the quality of their computer parts in the near future, it might be my next laptop purchase."}
{"_id": "322421", "title": "", "text": "\"In your transaction history, you may notice entries that show a money market purchase or redemption. These transactions appear whenever there is an automatic cash sweep into or out of your sweep vehicle. There is no fee to move money to or from your sweep account. For more information about how the sweep program works. View my account history. The cash sweep program is automatic. You may notice a credit or debit in your cash or margin balance immediately following a trade, deposit, or withdrawal. Upon settlement of the transaction, cash will sweep to or from your cash sweep vehicle, such as the Insured Deposit Account (IDA), with no action required by you. Sales proceeds and deposits will sweep from your cash or margin balance into your sweep vehicle. When you make a purchase or withdrawal, funds will sweep from your sweep vehicle to the cash or margin balance. Money markets are dividend-earning investments and are often called sweep accounts. Uninvested cash in your account \"\"sweeps\"\" automatically into the money market. The same process occurs in reverse when you need funds from the money market for a purchase or withdrawal. There is no fee to move money into or out of the sweep account. Change cash sweep On this page, you can find information about your current cash sweep vehicle and see if others are available for your account. Click the \"\"Change cash sweep vehicle\"\" button to make changes. You can also call a Client Services representative at 800-669-3900 for further assistance. Change cash sweep\""}
{"_id": "322424", "title": "", "text": "\"If you need to transfer a larger amount than the $14K/person/person limit, one accepted workaround is to structure it as a loan, then gift the payments over the duration of the loan. There are \"\"intra-family mortgage\"\" companies which specialize in setting up this kind of transaction. Note that this doesn't allow you to give more without penalty, it just lets you transfer the actual cash earlier, in exchange for some bookkeeping overhead and some fees for the legal processing and mortgage registration.\""}
{"_id": "322427", "title": "", "text": "The only thing that is important here is the documentation you and your daughter signed. If that documentation states that you were a co-signer and that your daughter was the primary on the loan, and then if the loan is not being reported in your daughter's name, you have a cause for action. If, however, the documentation says the loan is entirely in your name, the mistake is yours. Even in that case, though, your daughter may be able to take over the loan, or she may be able to take out a loan from a separate institution and use that to pay off the current loan. Obviously, this may be difficult if she does not have a credit history, which is what got you here in the first place. :("}
{"_id": "322428", "title": "", "text": "\"I agree that you shouldn't give up trying to get your money back, but I strongly feel that this is not sufficient. If they are trying to victimize you, they are trying to victimize others.  Taking care of getting your own money back should be your top concern, but contacting any Attorneys General and District Attorneys that have jurisdiction should also be a priority to help others--past, present, and future--that might be caught in this scam. Contact them, contact the police, contact the BBB, contact the local media. Shine a light and make the cockroaches pack up and get out of town. \"\"We got you... you have no recourse\"\" should always be met with the response, \"\"I will shut you down.\"\"\""}
{"_id": "322430", "title": "", "text": "Aside from everyone else's explanation about bundling them with other mortgages, a buddy of mine who worked at a boutique lending group basically said that they KNOW these people can't pay the loans back and thus the bank will be able to take over ownership of the home.  Since **housing prices are guaranteed to go up**, they'll be able to make money once they re-sell the property."}
{"_id": "322441", "title": "", "text": "I know!   Granted they're made in Italy, not China, so you're supporting a collapsing economy ^_^  The thing is, the retailers won't budge.  Perhaps an economist has determined that their business model is more sustainable if they keep their inflated prices rather than compete for the business."}
{"_id": "322443", "title": "", "text": "\"What does this mean and how do you do it? Consider that there are may be more than a few different objectives when it comes to investing: Each of these is a different objective that can have different timelines, objectives for the money as well as possible accounts and investment choices. In a sense the question could be stated as \"\"How much money do you need and when do you need it?\"\" Is it trying to figure out how much money you hope to have for   retirement, or does it include short term expenses The objective could be retirement but doesn't have to be. The short term expenses can be included in various ways. The retirement funds could include what kind of method would be used to make sure expenses can be met as if one is looking at retirement just a few years away the \"\"short term expenses\"\" may come up as part of the retirement living.\""}
{"_id": "322454", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [How to Drive Hypergrowth](https://np.reddit.com/r/talkbusiness/comments/78pc03/how_to_drive_hypergrowth/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "322456", "title": "", "text": "\"No.  This is too much for most individuals, even some small to medium businesses.  When you sell that investment, and take the cheque into the foreign bank and wire it back to the USA in US dollars, you will definitely obtain the final value of the investment, converted to US$. Thats what you wanted, right?  You'll get that.  If you also hedge, unless you have a situation where it is a perfect hedge, then you are gambling on what the currencies will do. A perfect hedge is unusual for what most individuals are involved in. It looks something like this:  you know ForeignCorp is going to pay you 10 million quatloos on Dec 31.  So you go to a bank (probably a foreign bank, I've found they have lower limits for this kind of transaction and more customizable than what you might create trading futures contracts), and tell them, \"\"I have this contract for a 10 million quatloo receivable on Dec 31, I'd like to arrange a FX forward contract and lock in a rate for this in US$/quatloo.\"\"  They may have a credit check or a deposit for such an arrangement, because as the rates change either the bank will owe you money or you will owe the bank money. If they quote you 0.05 US$/quatloo, then you know that when you hand the cheque over to the bank your contract payment will be worth US$500,000.  The forward rate may differ from the current rate, thats how the bank accounts for risk and includes a profit. Even with a perfect hedge, you should be able to see the potential for trouble.  If the bank doesnt quite trust you, and hey, banks arent known for trust, then as the quatloo strengthens relative to the US$, they may suspect that you will walk away from the deal.  This risk can be reduced by including terms in the contract requiring you to pay the bank some quatloos as that happens.  If the quatloo falls you would get this money credited back to your account.  This is also how futures contracts work; there it is called \"\"mark to market accounting\"\".  Trouble lurks here.  Some people, seeing how they are down money on the hedge, cancel it.  It is a classic mistake because it undoes the protection that one was trying to achieve.  Often the rate will move back, and the hedger is left with less money than they would have had doing nothing, even though they bought a perfect hedge.\""}
{"_id": "322459", "title": "", "text": "\"Finance is ALL about obscure theoretical points. This one actually isn't even that obscure, kind of like a big gaping whole that nobody addresses.   So to address your \"\"minimum cash\"\" level point. That's what I'm working towards. Check this:  So if you are selling your company, and all of the potential buyers are public companies, you would adjust your working capital balances in your model to match the public company market benchmark (ie: days payable outstanding, days receivable outstanding). This would be some sort of \"\"added value\"\" that a public company would bring to the mix.    You should do the same for cash. You would benchmark what level of cash the comparable public companies hold (possibly as a % of revenue?), and apply that as the level of operating cash.   You're counter argument would be that some firms may choose to hold on to excess levels of cash for a period of time (Apple), skewing \"\"minimum cash levels\"\" upward. That's true, but over a period of time, investors would either (1). demand the excess cash back or (2) investors would sell shares because the company is not earning a sufficient return on equity. My second point is half baked and not fully thought through but it goes along with the idea that a company will dividend out excess cash if it cannot reach the hurdle rate demanded by investors.  Thank you for continuing the conversation with me, I think you're the only one that gets it.\""}
{"_id": "322473", "title": "", "text": "The pirates will always pirate, it's their nature.  But I believe that artists and other creators should be paid for their work.  I would gladly pay for a commercial-free, on-demand video service..kinda like netflix except with a better selection  I suspect that there are enough people like me to allow the scheme to make money..even if the pirates never pay."}
{"_id": "322479", "title": "", "text": "In addition to the points this article makes, I believe that there are just many better burger options around these days. McDonalds will most likely always be on top of the cheap burger category because it's so ingrained into our culture. Around the northeast Ohio area we have a bunch of other burger options like Five Guys, Brown Bag, B-Spot, The Rail, etc.. where for a few extra dollars you get a much more quality burger.  I prefer Wendy's burgers over McD's, but Wendy's is in this middle ground in price between McD's (the value option) and a place like Five Guys (better quality)."}
{"_id": "322513", "title": "", "text": "Naked credit default swaps are a gambling device used to great damage of the economy by Federally chartered and Federally overseen Primary Dealer banks that provide a large percentage of Obama's inner circle. Thank you for proving my point. The danger is when the wealthy can buy the government."}
{"_id": "322514", "title": "", "text": "That's pretty typical for introductory problems.  It's leading you into an NPV question.  They're keeping the cash flows the same to illustrate the time value of money to show you that even though the free cash flow is the same in year 1 and year 4 or whatever when you discount it to present value today's stream is worth more than tomorrow's"}
{"_id": "322517", "title": "", "text": "Banks don't care that you are responsible cardholder. They care to make money. Interest rates are basically 0% by government policy and the banks charge their responsible cardholders 20% interest rates. Think about that for one second, and realize they really do not care about your ability to avoid paying interest, they only need you to 'slip up' one month during your entire lifetime to make a profit from you. It is in their interest for you to get into a spending habit, from 0% promo rates, so that eventually a frivolous purchase or life changing event causes a balance to stay on the card for over one month."}
{"_id": "322524", "title": "", "text": "Rahul Manchanda is a talented individual and handles every case of his client with great importance. His genuine guidance and professional approach in resolving legal matters is appreciated by all. Rahul Manchanda has solved numerous cases successfully in Courts pertaining to Federal, Criminal, Civil, International, and Immigration related issues of people coming from different walks of life."}
{"_id": "322535", "title": "", "text": "Transfer from Savings account into NRE is not possible.  Transfer into NRO may be possible in certain cases and would require some paperwork. Please consult the Bank where you hold the account to advise you the details."}
{"_id": "322581", "title": "", "text": "\"&gt; some of which likely caused significant inconvenience  But the point is that the reviews say that they *didn't* cause significant inconvenience.  Many of them were applied over the air, they provide loaners, they provide a pickup service, etc.  Both reviews made sure to mention that there was minimal inconvenience.  You're probably right that I shouldn't call them \"\"very favorable,\"\" but they're certainly not unfavorable, and the interesting thing about these reviews is it seems like their experience is so positive that they're almost apologizing for being so positive, and trying to find something to make them look objective.\""}
{"_id": "322582", "title": "", "text": "I'm not saying that they shouldn't be allowed to default.  What I'm saying is that if they can't pay back their debts then they should default.  The article makes it sound like Argentina deserves to be let off the hook and pay back only a portion of its debt.  In the short term this seems appealing because the investors get back some of the money as opposed to none and Argentina gets to keep it's economy intact.  However this sets a dangerous precedent in the long run because countries know they have this out and may issue bonds expecting not to pay the full amount.  I think it is good that Argentina is being made an example of, this way countries will think twice before borrowing money they may not be able to pay back and will lead to more stability in the long run."}
{"_id": "322587", "title": "", "text": "I'd split whatever cash flow you have between saving money and paying down the 20% loan. The fact that you are carrying an unrealized loss isn't really too relevant -- unless you have plans to walk away from the loan or go bankrupt, it doesn't really matter until you sell. You're either going to repay now or later."}
{"_id": "322591", "title": "", "text": "This is a very open ended question with no concrete answer as it depends on your personal situation. However, for starters I would suggest picking up a copy of The Investment Answer. It's a very light read, less than 100 pages, but it has some amazingly simple yet very concrete advice on investing and answers a lot of common questions (like yours)."}
{"_id": "322610", "title": "", "text": "\"OTOH, Walmart seems to be doing just fine. KMart just hasn't been able to get its act together. Walmarts are bigger, cheaper, and cleaner.  Sears, like most general department stores these days, is struggling against small niche players. Their historical strengths of tools (Craftsman) and appliances (Kenmore) have been undercut and out-inventoried by larger, more specialized stores like Home Depot and Best Buy. Their historical catalog business has been totally destroyed by the internet, which they were far too slow to embrace. They have no \"\"identity\"\" anymore.  35 years ago when I bought my house, I bought a refrigerator, dishwasher, microwave, a clothes washer &amp; dryer, and a vacuum cleaner from Sears. The current incarnations of all those items (except the clothes dryer, which I almost never use) came from Best Buy and Lowes and Amazon.\""}
{"_id": "322614", "title": "", "text": "mint.com does a decent job categorizing your spending for you, it will do exactly what you asked your advisor I would also put some %% into saving from your every paycheck before you deposit the rest to checking(spending) and make a rule, you can't touch the saving account. Just like you are have enough courage not to use credit cards."}
{"_id": "322618", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.foxbusiness.com/features/2017/06/16/big-oil-firms-are-exploring-new-frontier-in-shale-profits.html) reduced by 88%. (I'm a bot) ***** &gt; Big oil companies including Chevron, Exxon Mobil Corp. and Royal Dutch Shell PLC are piling into the Permian Basin, the oil-rich region straddling Texas and New Mexico that is the epicenter of the second wave of U.S. shale drilling.  &gt; In recent years, Exxon, Chevron and Shell have lagged behind top operators in the Permian basin by a wide margin, with the big companies&amp;#039; individual wells producing about half as much oil and gas in some cases, analysts say.  &gt; The big companies showed signs of narrowing the gap, embracing techniques pioneered by smaller companies such as drilling longer wells horizontally and using more sand to prop open rock layers and let oil flow.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6i10ry/big_oil_firms_are_exploring_a_new_frontier_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147330 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **Chevron**^#2 **drill**^#3 **oil**^#4 **Permian**^#5\""}
{"_id": "322638", "title": "", "text": "I disagree. Back in the day I hated any single button on the keyboard that automatically pulled up a new window/menu. The Windows Key is an example of something that was always getting in the way. A two key combo would have made more sense, but not a single key."}
{"_id": "322645", "title": "", "text": "There is a measure of protection for investors. It is not the level of protection provided by FDIC or NCUA but it does exist: Securities Investor Protection Corporation What SIPC Protects SIPC protects against the loss of cash and securities \u2013 such as stocks   and bonds \u2013 held by a customer at a financially-troubled SIPC-member   brokerage firm. The limit of SIPC protection is $500,000, which   includes a $250,000 limit for cash. Most customers of failed brokerage   firms when assets are missing from customer accounts are protected.   There is no requirement that a customer reside in or be a citizen of   the United States. A non-U.S. citizen with an account at a brokerage   firm that is a member of SIPC is treated the same as a resident or   citizen of the United States with an account at a brokerage firm that   is a member of SIPC. SIPC protection is limited. SIPC only protects the custody function of   the broker dealer, which means that SIPC works to restore to customers   their securities and cash that are in their accounts when the   brokerage firm liquidation begins. SIPC does not protect against the decline in value of your securities.   SIPC does not protect individuals who are sold worthless stocks and   other securities. SIPC does not protect claims against a broker for   bad investment advice, or for recommending inappropriate investments. It is important to recognize that SIPC protection is not the same as   protection for your cash at a Federal Deposit Insurance Corporation   (FDIC) insured banking institution because SIPC does not protect the   value of any security. Investments in the stock market are subject to fluctuations in market   value. SIPC was not created to protect these risks. That is why SIPC   does not bail out investors when the value of their stocks, bonds and   other investment falls for any reason. Instead, in a liquidation, SIPC   replaces the missing stocks and other securities when it is possible   to do so."}
{"_id": "322652", "title": "", "text": "I agree with this article entirely. There is tons of securities in the market that are trading wayyyy above book value because of future expectations of growth. Investors more than ever are overpaying for the possibility of something that might happen several years from now rather than a couple of years. Who can predict any numbers  accurately 3+ years from now? It's getting ridiculous. Then you have your Goldman Saxes that are trading under book value because of concerns about regulatory reform in the future. Investor sentiment and consumer expectations used to be a macroeconomic gauge, but not every single sector is singled out and over analyzed. Long gone are the days of being able to truly understand economic cycles."}
{"_id": "322714", "title": "", "text": "\"BoA used to do this too (probably still do). I opened an account at BoA and got low one month, and then a friend of mine cashed a $50 check that I'd given him months prior (that he said he would never cash because \"\"your money is no good here\"\"). That freaking $50 check cost me hundreds of dollars. They charged me the overdraft fee, a bounced check fee, and then ran the fucking thing through again to see if it would cash when they knew it wouldn't, so I ended up with all the fees doubled!   I closed my account after that, and 2 months later, I got a notice that my account had a negative balance of more than $100 because they had charged me the monthly fee for the checking account after I closed it, and since the account was empty... buttfuckbybankapalooza.\""}
{"_id": "322716", "title": "", "text": "I use iBank for Mac to keep track of my expenses. I also use the iPhone version since they can sync over Wi-Fi and I can capture expenses right on the spot instead of trying to remember what I spent on when I turn on my laptop."}
{"_id": "322719", "title": "", "text": "&gt; At some point we are going to have abused our global reserve status to the point the world doesn't want to extend it to us anymore.  This will happen *as soon as there is someplace better to go*.    This, in turn, will require:   * Someone running sound economics * Those sound economics not being dependant on US/dollar hegemony * The US not blowing them up  These are not impossible criteria, and absolutely will **eventually** be met, but I don't think it's unreasonable to argue that that point is a long way away at this point.   We have a lot of time, and much of it will be tumultuous &amp; uncertain in many ways- but the dollar &amp; US treasuries will still be the thinnest kid at fat camp until it ends."}
{"_id": "322725", "title": "", "text": "In the past 10 years there have been mutual funds that would act as a single bucket of stocks and bonds. A good example is Fidelity's Four In One. The trade off was a management fee for the fund in exchange for having to manage the portfolio itself and pay separate commissions and fees. These days though it is very simple and pretty cheap to put together a basket of 5-6 ETFs that would represent a balanced portfolio. Whats even more interesting is that large online brokerage houses are starting to offer commission free trading of a number of ETFs, as long as they are not day traded and are held for a period similar to NTF mutual funds.  I think you could easily put together a basket of 5-6 ETFs to trade on Fidelity or TD Ameritrade commission free, and one that would represent a nice diversified portfolio. The main advantage is that you are not giving money to the fund manager but rather paying the minimal cost of investing in an index ETF. Overall this can save you an extra .5-1% annually on your portfolio, just in fees. Here are links to commission free ETF trading on Fidelity and TD Ameritrade."}
{"_id": "322744", "title": "", "text": "What would you call an overseas  military venture in which the military was NOT a tool of the government?  Such other departments as were present in Iraq to do whatever they do were there because the military were there first, and as a means for the military to get out. To make it sound as though they\u2019d have been there anyway and the military issue was a mere coincidence is absurd.  I\u2019d limit it to say it\u2019s the military which is mostly wasteful (I\u2019m not among those who don\u2019t believe government can ever do anything right). But whether it\u2019s measured in manpower or dollars, the fact remains that security functions are being outsourced. Is there any reason to think this will not continue?  Or increase?"}
{"_id": "322752", "title": "", "text": "This shouldn't be an either / or situation. Yeah, Amazon is headed towards a monopoly... and we need to somehow address that down the road... but let's not act like Trump isn't guilty of doing exactly what he accused Bezos of doing; using media to bully politicians for a certain agenda.   It doesn't matter if you own a newspaper or not... especially when Trump gets the luxury of Fox News being run like HE owns it.   They BOTH have enough media attention to get their ideologies out. Trump is just upset because majority of the American public agree with Bezos over him (on just about anything)."}
{"_id": "322755", "title": "", "text": "Man... I feel like this is a messed up world where your comment is downvoted and the guy who added the 100k in loans is upvoted. I didn't get into the engineering program at the school I wanted to go to so I went to community college for a year got good grades and transferred into the college I wanted to get my degree from. Spent 3 years working part time while getting my degree and graduated with 16k in loans and a job waiting for me. I don't know why this can't be normal. I'm obviously not some genius, I couldn't even get into the school originally... I just worked a little harder than I was working before because that's what it took."}
{"_id": "322771", "title": "", "text": "You can check whether the company whose stock you want to buy is present on an european market. For instance this is the case for Apple at Frankfurt."}
{"_id": "322778", "title": "", "text": "&gt;What I was talking about is personal income tax   Got it, thanks for clarifying.  &gt;That would mean Amazon would need to offer 5k more pay for an equal job vs an employer in another state.  I think cost of living would also be a factor. So I don't know that a state with income tax would automatically not make the cut, as you asserted in your first comment, because the cost of living might be cheaper and even everything out.  &gt;This is just one factor a company this huge would consider when moving.   Agreed, there are numerous factors that Amazon will have to consider so I see no reason why a state that has an income tax should not submit an application."}
{"_id": "322784", "title": "", "text": "Canada doesn't seem to have a gift tax. http://www.taxtips.ca/personaltax/giftsandinheritances.htm"}
{"_id": "322795", "title": "", "text": "Lightning is very unpredictable. People who work with or near explosive or conductive materials, in open spaces or near tall objects, are especially at-risk for lightning striking and injuries. Employers should be responsible for protecting their workers from lightning exposure and take other important lightning safety precautions to lower the chances of these damaging and deadly workplace injuries. Know more about us here: https://www.lightningprotection.com/lightning-safety-lightning-protection/"}
{"_id": "322798", "title": "", "text": "\"I think for this a picture is worth a thousand words.  This is a \"\"depth chart\"\" that I pulled from google images, specifically because it doesn't name any security.  On the left you have all of the \"\"bids\"\" to buy this security, on the right you have the \"\"asks\"\" to sell the security.  In the middle you have the bid/ask spread, this is the space between the highest bid and the lowest ask.  As you can see you are free to place you order to the market to buy for 232, and someone else is free to place their order to the market to sell for 234.  When the bid and the ask match there's a transaction for the maximum number of available shares.  Alternatively, someone can place a market order to buy or sell and they'll just take the current market price. Retail investors don't really get access to this kind of chart from their brokers because for the most part the information isn't terribly relevant at the retail level.\""}
{"_id": "322804", "title": "", "text": "Unfortunately, what you are finding is that your past decisions to take on debt have limited your choices now. Learn from this fact and choose not to go further into debt. Your condo will become a burden if you don't have the liquid funds to maintain the property, keep the mortgage current, and hedge against any other significant life events. You already have almost no financial margin. These steps will almost guarantee that you will enjoy your house and have a worry/stress free experience. You make plenty of money for you to complete this cycle in a handful of years and be ready to buy. Also, don't give yourself false either/or choices. You have options. Our apartment is way too small for just the two of us, much less a child. We'd have to move before we had a child and we'd like to live in our own house when we do. Not true. Rent a cheaper apartment further outside the city, which will also be larger. It probably won't be as nice as the one you have now. Buy a car for cash under $5000. It is a sacrifice for few years while you work for your dream home.   You already know this is a bad decision. Continuing down this path will leave you with the same frustrations 10 years from now. Good Luck!"}
{"_id": "322806", "title": "", "text": "\"Diversification is the only real free lunch in finance (reduction in risk without any reduction in expected returns), so clearly every good answer to your question will be \"\"yes.\"\"  Diversification is good.\"\"  Let's talk about many details your question solicits. Many funds are already pretty diversified.  If you buy a mutual fund, you are generally already getting a large portion of the gains from diversification.  There is a very large difference between the unnecessary risk in your portfolio if you only hold a couple of stocks and if you hold a mutual fund.  Should you be diversified across mutual funds as well?  It depends on what your funds are.  Many funds, such as target-date funds, are intended to be your sole investment.  If you have funds covering every major asset class, then there may not be any additional benefit to buying other funds. You probably could not have picked your \"\"favorite fund\"\" early on.  As humans, we have cognitive biases that make us think we knew things early on that we did not.  I'm sure at some point at the very beginning you had a positive feeling toward that fund.  Today you regret not acting on it and putting all your money there.  But the number of such feelings is very large and if you acted on all those, you would do a lot of crazy and harmful things.  You didn't know early on which fund would do well.  You could just as well have had a good feeling about a fund that subsequently did much worse than your diversified portfolio did. The advice you have had about your portfolio probably isn't based on sound finance theory.  You say you have always kept your investments in line with your age.  This implies that you believe the guidelines given you by your broker or financial advisor are based in finance theory.  Generally speaking, they are not.  They are rules of thumb that seemed good to someone but are not rigorously proven either in theory or empirics.  For example the notion that you should slowly shift your investments from speculative to conservative as you age is not based on sound finance theory.  It just seems good to the people who give advice on such things.  Nothing particularly wrong with it, I guess, but it's not remotely on par with the general concept of being well-diversified.  The latter is extremely well established and verified, both in theory and in practice.  Don't confuse the concept of diversification with the specific advice you have received from your advisor. A fund averaging very good returns is not an anomaly--at least going forward it will not be.  There are many thousand funds and a large distribution in their historical performance.  Just by random chance, some funds will have a truly outstanding track record.  Perhaps the manager really was skilled.  However, very careful empirical testing has shown the following: (1) You, me, and people whose profession it is to select outperforming mutual funds are unable to reliably detect which ones will outperform, except in hindsight  (2) A fund that has outperformed, even over a long horizon, is not more likely to outperform in the future. No one is stopping you from putting all your money in that fund. Depending on its investment objective, you may even have decent diversification if you do so.  However, please be aware that if you move your money based on historical outperformance, you will be acting on the same cognitive bias that makes gamblers believe they are on a \"\"hot streak\"\" and \"\"can't lose.\"\"  They can, and so can you. ======== Edit to answer a more specific line of questions =========== One of your questions is whether it makes sense to buy a number of mutual funds as part of your diversification strategy.  This is a slightly more subtle question and I will indicate where there is uncertainty in my answer.   Diversifying across asset classes.  Most of the gains from diversification are available in a single fund.  There is a lot of idiosyncratic risk in one or two stocks and much less in a collection of hundreds of stocks, which is what any mutual fund will hold.  Still,you will probably want at least a couple of funds in your portfolio.  I will list them from most important to least and I will assume the bulk of your portfolio is in a total US equity fund (or S&P500-style fund) so that you are almost completely diversified already. Risky Bonds.  These are corporate, municipal, sovereign debt, and long-term treasury debt funds. There is almost certainly a good deal to be gained by having a portion of your portfolio in bonds, and normally a total market fund will not include bond exposure.  Bonds fund returns are closely related to interest rate and inflation changes.  They are also exposed to some market risk but it's more efficient to get that from equity.  The bond market is very large, so if you did market weights you would have more in bonds than in equity.  Normally people do not do this, though.  Instead you can get the exposure to interest rates by holding a lesser amount in longer-term bonds, rather than more in shorter-term bonds.  I don't believe in shifting your weights toward nor away from this type of bond (as opposed to equity) as you age so if you are getting that advice, know that it is not well-founded in theory.  Whatever your relative weight in risky bonds when you are young is should also be your weight when you are older. International. There are probably some gains from having some exposure to international markets, although these have decreased over time as economies have become more integrated.  If we followed market weights, you would actually put half your equity weight in an international fund.  Because international funds are taxed differently (gains are always taxed at the short-term capital gains rate) and because they have higher management fees, most people make only a small investment to international funds, if any at all. Emerging markets  International funds often ignore emerging markets in order to maintain liquidity and low fees.  You can get some exposure to these markets through emerging markets funds.  However, the value of public equity in emerging markets is small when compared with that of developed markets, so according to finance theory, your investment in them should be small as well.  That's a theoretical, not an empirical result. Emerging market funds charge high fees as well, so this one is kind of up to your taste.  I can't say whether it will work out in the future. Real estate.  You may want to get exposure to real estate by buying a real-estate fund (REIT).  Though, if you own a house you are already exposed to the real estate market, perhaps more than you want to be.  REITs often invest in commercial real estate, which is a little different from the residential market. Small Cap.  Although total market funds invest in all capitalization levels, the market is so skewed toward large firms that many total market funds don't have any significant small cap exposure.  It's common for individuals to hold a small cap fund to compensate for this, but it's not actually required by investment theory.  In principle, the most diversified portfolio should be market-cap weighted, so small cap should have negligible weight in your portfolio.  Many people hold small cap because historically it has outperformed large cap firms of equal risk, but this trend is uncertain.  Many researchers feel that the small cap \"\"premium\"\" may have been a short-term artifact in the data.  Given these facts and the fact that small-cap funds charge higher fees, it may make sense to pass on this asset class.  Depends on your opinion and beliefs. Value (or Growth) Funds.  Half the market can be classed as \"\"value\"\", while the other half is \"\"growth.\"\"  Your total market fund should have equal representation in both so there is no diversification reason to buy a special value or growth fund.  Historically, value funds have outperformed over long horizons and many researchers think this will continue, but it's not exactly mandated by the theory.  If you choose to skew your portfolio by buying one of these, it should be a value fund. Sector funds.  There is, in general, no diversification reason to buy funds that invest in a particular sector.  If you are trying to hedge your income (like trying to avoid investing in the tech sector because you work in that sector) or your costs (buying energy because you buy use a disproportionate amount of energy) I could imagine you buying one of these funds. Risk-free bonds.  Funds specializing in short-term treasuries or short-term high-quality bonds of other types are basically a substitute for a savings account, CD, money market fund, or other cash equivalent.  Use as appropriate but there is little diversification here per se. In short, there is some value in diversifying across asset classes, and it is open to opinion how much you should do.  Less well-justified is diversifying across managers within the same asset class.  There's very little if any advantage to doing that.\""}
{"_id": "322816", "title": "", "text": "I came up with a real way. I saw once the market be so dumb as to allow this to work. Inflation rate = 2.5%. Home interest rate = 3%. Tax deduction = 1%. Money spent on inflation-adjusted I bonds (at the time these paid 0% net, that is 2.5% gross). Result, .5% profit after accounting for inflation. The kicker: Uncle Sam's I bonds are tax free. Sure it's not possible today, but the rates occasionally drop low enough."}
{"_id": "322825", "title": "", "text": "\"Here in the UK, the rule of thumb is to keep a lot of equity in your home if you can. I assume here that you have a lot of savings you're considering using. If you only have say 10% of the house price you wouldn't actually have a lot of choice in the matter, the mortgage lender will penalise you heavily for low deposits. The practical minimum is 5%, but for most people a 95% mortgage is just silly (albeit not as silly as the 100% or greater mortgages you could get pre-2008), and you should take serious individual advice before considering it. According to Which, the average in the UK for first-time buyers is 20% (not the best source for that data I confess, but a convenient one). Above 20% is not at all unusual. You'll do an affordability calculation to figure out how much you can borrow, which isn't at all the same as how much you should borrow, but does get you started. Basically you, decide how much a month you can spend on mortgage payments. The calculation will let you put every penny into this if you choose to, but in practice you'll want some discretionary income so don't do that. decide the term of the mortgage. For a young first-time buyer in the UK I think you'd typically take a 25-year term and consider early repayment options rather than committing to a shorter term, but you don't have to. Mortgage lenders will offer shorter terms as long as you can afford the payments. decide how much you're putting into a deposit make subtractions for cost of moving (stamp duty if applicable, fees, removals aka \"\"people to lug your stuff\"\"). receive back a number which is the house price you can pay under these constraints (and of course a breakdown of what the mortgage principle would be, and the interest rate you'll pay). This step requires access to lender information, since their rates depend on personal details, deposit percentage, phase of the moon, etc. Our mortgage advisor did multiple runs of the calculation for us for different scenarios, since we hadn't made up our minds entirely. Since you have not yet decided how much deposit to make, you can use multiple calculations to see the effect of different deposits you might make, up to a limit of your total savings. Putting up more deposit both increases the amount you can borrow for a given monthly payment (since mortgage rates are lower when the loan is a lower proportion of house value), and of course increases the house price you can afford. So unless you're getting a very high return on your savings, \u00a31 of deposit gets you somewhat more than \u00a31 of house, and the calculation will tell you how much more. Once you've chosen the house you want, the matter is even simpler: do you prefer to put your savings in the house and borrow less and make lower payments, or prefer to put your savings elsewhere and borrow more and make higher payments but perhaps have some additional income from the savings. Assuming you maintain a contingency fund, a lower mortgage is generally considered a good investment in the UK, but you need to check what's right for you and compare it to other investments you could make. The issue is complicated by the fact that residential property prices are rising quite quickly in most areas of the UK, and have been for a long time, meaning that highly-leveraged property investment appears to be a really good idea. This leads to the imprudent, but tempting, conclusion that you should buy the biggest house you can possibly afford and watch its value rises. I do not endorse this advice personally, but it's certainly true that in a sharply rising house market it's easier to get away with buying a bigger house than you need, than it is to get away with it in a flat or falling market. As Stephen says, an offset mortgage is a no-brainer good idea if the rate is the same. Unfortunately in the UK, the rate isn't the same (or anyway, it wasn't a couple of years ago). Offset mortgages are especially good for those who make a lot of savings from income and for any reason don't want to commit all of those savings to a traditional mortgage payment. Good reasons for not wanting to do that include uncertainty about your future income and a desire to have the flexibility to actually spend some of it if you fancy :-)\""}
{"_id": "322826", "title": "", "text": "As Ross says, SPX is the index itself. This carries no overheads. It is defined as a capitalization-weighted mixture of the stocks of (about) 500 companies. SPY is an index fund that tries to match the performance of SPX. As an index fund it has several differences from the index:"}
{"_id": "322838", "title": "", "text": "How much amount can we transfer from India to the USA? Is the limit per year? As I understand your father in law is Indian Citizen and his tax paid earnings need to be transferred outside of India. Under the Liberalized Remittance Scheme by RBI, one can transfer upto 2,50,000 USD. Please check with your Bank for the exact paperwork. A form 15CA and 15CB [by CA] are required to establish taxes have been paid. What documents we have to present to the bank? See above. Should money be transferred to company's account(Indian Company) to USA company? or can be transferred to my husband's account. Transfer of funds by a Indian Company to US Company has some restrictions. Please check with CA for details. If you father in law has sold the Indian Company and paid the taxes in India; he can transfer the proceeds to his son in US as per the Liberalized Remittance Scheme. Can they just gift the whole amount to my husband? What will be the tax implication on my husband's part in USA and on my father in law in India. The whole amount can be gifted by your father in law to your husband [his son]. There is no tax implication in India as being an Indian resident, gift between close relatives is tax free. There is no tax implication to your husband as he is a US Citizen and as per gift tax the person giving the gift should be paying the applicable taxes. Since the person gifting is not US Citizen; this is not applicable."}
{"_id": "322865", "title": "", "text": "But then they turn their stores is hugely expensive show rooms.   BB's real problem is that they are getting eaten at both ends. Amazon is taking the online business, and walmart has expanded their electronics.   BB niche is gone. It has nothing to do with their customer service, or their pricing practices. It just has a business model that doesn't work anymore.   Only chance is to reduce the number of stores and aim for the in person sales only."}
{"_id": "322876", "title": "", "text": "Everything would depend on whether the calculation is being done using the company's all-time high intraday trading price or all-time high closing price. Further, I've seen calculations using non-public pricing data, such as bid-offer numbers from market makers, although this wouldn't be kosher. The likelihood is that you're seeing numbers that were calculated using different points in time. For the record, I think Apple has overtaken Microsoft's all-time highest market cap with a figure somewhere north of $700 billion (nominal).  Here's an interesting article link on the subject of highest-ever valuations: comparison of highest market caps ever"}
{"_id": "322878", "title": "", "text": "&gt;Correction: A previous version of this story implied that Monsanto\u2019s permit had been revoked across Mexico. This decision only affected the Yucat\u00e1n peninsula, and the appeals process is ongoing. **The writer has been sentenced to a honey-less existence for 30 days**.  LOL"}
{"_id": "322891", "title": "", "text": "A stop order can be used to both enter or exit a position. A stop loss is used to set the price you want to get out if the price reaches that level. Whilst a stop buy or entry order is used to get into a position if the price reaches your desired level for entry. The stop order just means that you want to place your order at that level, you then need to specify if you are buying to open, selling to open, buying to close or selling to close your position at the stop level."}
{"_id": "322893", "title": "", "text": "Pennsylvania allowing gambling now also put a decent dent in the business. Not necessarily the overnight resort stay but the people who used to do day trips frequently are now going to Parx, Valley Forge or Sugar House. Revel in particular would not allow bus trips to drop off there, which for a long time was a staple in AC's economy. That has declined due to what I mentioned above, but to flat out not allow hundreds of old people coming on a bus from the city and suburbs helped to their decline."}
{"_id": "322900", "title": "", "text": "\"Buy and Hope is a common investment strategy. It's also one that will keep you poor. Instead of thinking about saving money to put against a credit card or line of credit using your own job and hard-earned dollars, why not use someone else's money? If you have enough of a down payment for a property of your own, consider a duplex, triplex, or 4-plex where you live in one of the units. Since you will be living there you only need 5% down as opposed to 20% down if you do not live there. This arrangement gives you a place to live while you have other people paying your mortgage and other debts. If done properly, you can find a place that is cash-flow positive so you basically live rent-free.  This all assumes you have a down payment and a bank that will work with you. Your best bet is to discuss your situation with a mortgage broker. They know all the rules, and which banks have the best deal for you. A mortgage broker works on your behalf and is paid by the lending institution, not you. There are various caveats with this strategy, and they all revolve around knowing what to do and how to execute the plan. I suggest Googling Robert Kiyosaki and reading \"\"Rich Dad Poor Dad\"\" before taking this journey. He offers a number of free and paid seminars that teach people how to purchase real estate and make it pay. I have taken the free evening seminar and the $500 weekend seminar on how to purchase properties and make money with them. Note that I have no affiliation with Kiyosaki, and I do find his methods to work.\""}
{"_id": "322906", "title": "", "text": "Yes. You must register for GST as well, if you will be making over the threshold (currently $60,000). That's probably a bonus for you, as your home office expenses will mostly include GST, but your income will most likely be zero-rated. Check with an accountant or with the IRD directly. Just be certain to put aside enough money from each payment to cover income tax, GST and ACC. You will get a very large bill in your second year of business."}
{"_id": "322911", "title": "", "text": "Growth and efficiency can occur independently of each other.  For instance, if an economy consists of one inefficient business and then a second more efficient business opens to compete agains the first the overall efficiency increases while the economy grows. New industries tend to be inefficient at the beginning (since initiation is more important than optimisation) and then become more efficient over time.  Agriculture is an amazingly efficient business if you consider how many people now produce the amount of food we consume in comparison to only 100 years ago. Plus, efficiency is not only about producing extra widgets.  You could produce the same number of widgets for lower cost.  Outsourcing to China (taking advantage of their lower cost of production) increases the efficiency of the US economy, but also increases the efficiency of the Chinese economy (since extra work is created producing more things).  Lower costs in the US lead to increased investment in other production.  Increased production in China leads to the rising wages there. Growth can be achieved in both places for very different reasons. So, no, growth doesn't have to come about through less efficiency."}
{"_id": "322935", "title": "", "text": "I think it's more good marketing/word of mouth and false hype more than anything. Everyone wants In 'n Out burger to be AMAZING HOLY SHIT BEST THING EVER, but really it's just a bit better than average. But fair enough."}
{"_id": "322947", "title": "", "text": "I live in downtown Miami. There's no room for drive thrus. I'd love to have taco Bell but would have to drive out to more suburb areas to get it. And I avoid driving as much as possible. I agree in that pedestrian places not only could it work, but for me, would be welcome.   Edit: spellingz"}
{"_id": "322966", "title": "", "text": "Tell us up front what you want to pay for the job and that will really expedite the process.  Don't waste good candidates time by stringing them along the interview process if you know (and you DO know) that you're going to try and low-ball them."}
{"_id": "322986", "title": "", "text": "&gt;Nobody wants another exclusive platform at this point.   And you know this how?    &gt;An android console was already tried multiple times and failed, nothing revolutionary.  If that was the case then why hasn't Nvidia stop selling Shield yet?  That said the Android consoles that where made where often cheap as hell and made by unknown Chinese companies.  A western company with a better made and supported Android console can work and be successful."}
{"_id": "322995", "title": "", "text": "The original note should have had a a clear start and expiration date included with in it (the term).  If it did then the term has likely expired by now (since you said it had been years) and you should issue an amendment to the note that clarifies the new term and also clarifies the interest rate terms.  If the original note did not have an expiration date then that would be unusual and your mom should work with her friend to execute a new note with clear start and expiration dates and that also clarifies the payment and interest terms.  From my experience it is best to include a specific payment schedule within the note as well as very specific and clear terms around how interest will be handled in the event of a missed payment, late payment, or inability to pay the note off in full at expiration.  There are many good examples available online to help you craft the appropriate verbiage for your specific needs: http://tinyurl.com/note-examples"}
{"_id": "323015", "title": "", "text": "\"To put a positive spin on the whole thing, maybe it's a small family shop, and having the check made out to \"\"cash\"\" means that your barber can hand it to someone else without the need to countersign. Or maybe his last name is \"\"Cash\"\" - there was a pretty famous singer who fit that description. Either way, it's not your place to nanny his finances.\""}
{"_id": "323023", "title": "", "text": "There has been no poaching of employees. The employees are not being hired away- they are being called out for short rides that waste their time. Call for a 1 block lift- it takes a driver out of action for the time it takes to get there, carry the passenger, then get to the next dispatch.  So I retract my statement and replace it with a caution to ensure you comprehend what you are reading before you reply."}
{"_id": "323049", "title": "", "text": "Investing for your future through stocks isn\u2019t for the faint of heart. While there are stocks that can withstand our volatile market, there are few that can guarantee their business will still be a business 20 or 30 years from now. [Compound Stock Earnings](http://www.compoundstockearnings.com) Report Benigans would always be with us, but they no longer exist."}
{"_id": "323063", "title": "", "text": "&gt;Very different. Gas station takes way less time...  I HAVE ACKNOWLEDGED THIS.  Again - as I have pointed out *three* *times* now - this is a tradeoff I accept, because for 90% of my driving, I can charge at home, which takes NONE of my time.     If I add up ALL of my time spent standing around fueling my car, my total time is much LESS than yours, because my car charges while I sleep, I NEVER visit any gas stations, and charge stations are only visited on rare occasions (long trips.)  DO YOU GET THIS POINT YET?    I absolutely, completely understand you don't want to make the same tradeoff I do.  If you don't get this point, or don't care how much total time you spend pumping gas, DON'T BUY AN EV.     Now don't tell me AGAIN how much longer it takes to do a fast charge versus a fillup.  Respond to what I am actually saying.  RE: waiting to charge, this is rare.  Superchargers typically have 6-12 stalls, and Tesla is tripling chargers in the next year."}
{"_id": "323064", "title": "", "text": "We are selling world's no'1 fidget spinner through our online store within affordable prices, At fidgetspinnerstar you can buy all types of fidget spinner with genuine quality and our mission is to relieve children from the ADHD.  This toy allows to calm nerves and helps you to relax, it also facilitates ease anxiety. Along with these things we carry vast variety of our latest Fidget spinner collection all toys are available at our online store, For further more information about the how to remove stress from these toys feel free to get in touch with us. The best of these toys are they are too small so you can carry it with and play anywhere anytime."}
{"_id": "323067", "title": "", "text": "As a matter of fact, I invest small sums in stable stocks every month (in fact, much lesser than the $50 you are talking about). More than the return on investment, I gained a lot of knowledge keeping track of my stocks and this now helps me pick my stocks better. And the portfolio is doing great too. So, it is a good idea to start small and invest regularly."}
{"_id": "323089", "title": "", "text": "Social security was created with just such people in mind. It's a meager living, but it is an income stream that can be supplemented by Walmart greeter income. It probably isn't so dire that it leads to homelessness, but it might mean not having some of the other comforts that we take for granted."}
{"_id": "323111", "title": "", "text": "They should be (and are) taxed the corporate rate on the 10 cents.  The company they purchased the coffee grounds from will pay taxes on the 90 cents.  The other alternative you suggested would put an end to most commercial activity. Very few businesses could sustain a 35% (of revenue) penalty to their margins. Society would collapse."}
{"_id": "323114", "title": "", "text": "According to the experts, it is not a bad idea to keep a track of how long it takes for the unit to cool the interior of your car. In such situation, you\u2019ll have no other option that going for car air conditioning repairs NSW and get the repair work done before it is too late."}
{"_id": "323128", "title": "", "text": "\"&gt; In response, Pyongyang promised to accelerate its weapons program.  &gt; \u201cThe DPRK will redouble the efforts to increase its strength to safeguard the country's sovereignty and right to existence and to preserve peace and security of the region by establishing a practical equilibrium with the US,\u201d a statement from North Korean Foreign Ministry said, as cited by KCNA news agency.   This is all posturing by North Korea.  If they had capacity to double their military strength, don't you think they would have already done it?  They are actively provoking nations with much larger militaries.  They better have all available resources in their military.  NK is responding like a little kid when the big kid takes their football.  \"\"I'm going to get big and strong and beat you up one day...\"\"  I'm not saying Trump's actions are the right move, but this reaction could have been predicted by a monkey with slight understanding of international policy.  Doesn't mean it is going to amount to anything.\""}
{"_id": "323129", "title": "", "text": "It depends. There is a *TON* of material out there. Some of the books are straight up amazing. Even better than the films. If they stick to Canon, I'm excited. If they stray off into stupid ass princess kiddie flicks, Star Wars is doomed. :("}
{"_id": "323133", "title": "", "text": "\"I said the majority, not ALL. (And the vast majority of people -- again even within the \"\"sciences\"\" -- are in fact mediocrities).  That doesn't mean it take some \"\"super-genius\"\" to see past the fraud, but it does take a sharp mind, AND it then takes an interest and time to look into the evidence (what little there actually is).  Many people within the hard sciences are more than capable of seeing through the fraud and foolishness of psychology/psychiatry.  Indeed, many *have* done so. (Cf [Feynman](http://www.rationalskepticism.org/psychology/richard-feynman-briefly-on-psychology-t967.html), and of course the aforementioned [John Ioannidis](psychcentral.com/blog/archives/2010/10/19/what-research-can-you-believe/) who has debunked a LOT of so called \"\"research\"\" in both psychiatry and other medical \"\"science\"\" research).  But far more often those with sharp minds are busy with a lot of other endeavors, and so long as they have no driving need, they do not really examine other fields to much dept (in most cases they do not investigate other fields at all).  What is more is that psychologists &amp; [psychiatrists themselves know](http://www.youtube.com/watch?v=-P6_FwpVo_s) (and [when put on the spot will admit that there is no real science behind the malarkey](http://www.youtube.com/watch?v=atsCp2SErog) or the drugs) that they sell -- not that they really care of course.\""}
{"_id": "323145", "title": "", "text": "\"I have personally invested $5,000 in a YieldStreet offering (a loan being used by a company looking to expand a ridesharing fleet), and would certainly recommend taking a closer look if they fit your investment goals and risk profile. (Here's a more detailed review I wrote on my website.) YieldStreet is among a growing crop of companies launched as a result of legislative and regulatory changes that began with the JOBS Act in 2012 (that's a summary from my website that I wrote after my own efforts to parse the new rules) but didn't fully go into effect until last year. Most of them are in Real Estate or Angel/Venture, so YieldStreet is clearly looking to carve out a niche by assembling a rather diverse collection of offerings (including Real Estate, but also other many other categories). Unlike angel/venture platforms (and more like the Real Estate platforms), YieldStreet only offers secured (asset-backed) investments, so in theory there's less risk of loss of principal (though in practice, these platforms haven't been through a serious stress test). So far I've stuck with relatively short-term investments on the debt crowdfunding platforms (including YieldStreet), and at least for the one I chose, it includes monthly payments of both principal and interest, so you're \"\"taking money off the table\"\" right away (though presumably then are faced with how to redeploy, which is another matter altogether!) My advice is to start small while you acclimate to the various platforms and investment options. I know I was overwhelmed when I first decided to try one out, and the way I got over that was to decide on the maximum I was willing to lose entirely, and then focus on finding the first opportunity that looked reasonable and would maximize what I could learn (in my case it was a $1,000 in a fix-and-flip loan deal via PeerStreet).\""}
{"_id": "323154", "title": "", "text": "My brokerage account (E-Trade) automatically spreads cash balances that exceed the FDIC insured amount into several partner banks, so just about any amount gets insured."}
{"_id": "323165", "title": "", "text": "I'm sure they're not even in the running then. Amazon is definitely looking for tax breaks, and that's not unreasonable given how many jobs they'll be bringing to the table, along with the talent that will move there as well."}
{"_id": "323177", "title": "", "text": "I wouldn't touch it with a ten foot pole -- it's definitely too far gone. People who have not gotten out yet are crazy.  Their physical presence is no match for Wal-Mart, and their online presence is no match for Amazon (nor Wal-mart at this point). How often do people under 35 go to Sears for something? And when do people go to Sears.com as a first resort to buy something? I'm going to guess almost never for both."}
{"_id": "323179", "title": "", "text": "\"If anything, this makes their salary even more stupid, in light of the fact that we already have a system that does their job.  We don't pay people to dig tunnels by hand anymore.  We don't pay people to taste the Queen's food to make sure it isn't poisoned.  If a job is dangerous and can be automated, it is stupid pay for the hazard of doing the job.  Now, I am not crying for the automation of all menial jobs.  People need to work and not everyone can do educated labor.  It's just that certain jobs are better suited to automation.  We should not pay out the ass for the hazard, insurance, and lawsuits that result from such jobs.  It's like paying a human 500k to perform the job of \"\"suspicious bomb parcel opener.\"\"  Sit back and let the robots breathe the fumes, get blown up, get crushed, etc.\""}
{"_id": "323213", "title": "", "text": "That's how my power company does it. You authorize them to direct debit recurring monthly. If they screw up and withdraw $1000, you're out until it gets fixed.   But it varies from company to company. Not everyone's situation is like your online banking."}
{"_id": "323214", "title": "", "text": "Check with local mechanics which cars they drive and dealers the buy from. Tell them your budget and needs and you'll find they're pretty consistent in their recommendations. Also, don't overlook dealers in favour of buying direct from owners, both have pros and cons.  Dealers have to allow you to return the vehicle within a certain time frame, their name is also on the line. Some offer warranties to fix anything that goes wrong in the first x years. Do your research, but for old cars this can be a valuable saving. Also, some dealers offer to provide you with parts at cost for the life of the vehicle, also potential savings. Don't go in on a Saturday, do go in near the end of the month. Go back several times, compare, negotiate."}
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{"_id": "323225", "title": "", "text": "Make it phase out slowly. Not unlike the EITC. First, Start with a flat 7% tax that's not refundable. That's 1.26-trillion.   There's 325-million people are in America, but 75-million of those are children.   There's enough money there to give a parent, for every child they have, $3500 a year, regardless of that parent's income AND give half the adults remaining(125-million) an average of $8000 a year. Have that slowly fade from $12,000 for the lowest earners to $4,000 for those that are earning the median income.   $12000 is 102% of the poverty line. So a single person with nothing still lives above the poverty line  With this model, 61.5% of households are receiving some kind of UBI aid, the most desperate are receiving the most, and the bottom half of earners are guaranteed to get something. For only 7% of GDP."}
{"_id": "323228", "title": "", "text": "In general, the higher the return (such as interest), the higher the risk. If there were a high-return no-risk investment, enough people would buy it to drive the price up and make it a low-return no-risk investment. Interest rates are low now, but so is inflation. They generally go up and down together. So, as a low risk (almost no-risk) investment, the savings account is not at all useless. There are relatively safe investments that will get a better return, but they will have a little more risk. One common way to spread the risk is to diversify. For example, put some of your money in a savings account, some in a bond mutual fund, and some in a stock index fund. A stock index fund such as SPY has the benefit of very low overhead, in addition to spreading the risk among 500 large companies. Mutual funds with a purchase or sale fee, or with a higher management fee do NOT perform any better, on average, and should generally be avoided. If you put a little money in different places regularly, you'll be fairly safe and are likely get a better return. (If you trade back and forth frequently, trying to outguess the market, you're likely to be worse off than the savings account.)"}
{"_id": "323238", "title": "", "text": "Have her pay something like a friendly monthly rent. This should be less than half of the monthly mortgage cost, since you are assuming the risk (and benefits) of a mortgage and closer to the rent of similar places near you. For when you get married and she is to have half the apartment, have a pre-agreed way to calculate a lump-sum that she needs to provide to match your own contributions up to that time, as if you two had equal contributions from the beginning. The financially precise way to do it would be to have her pay more than the mere sum of the amount (since she will be providing the amount at a later time than you), but I would be generous and skip this in your place if the difference is not too big. If you break up, she will have payed what would be a fair amount of rent, as if you two were renting, so, in this sense, it is fair that she would not have a claim on the apartment. In case that you two would like that she keeps the apartment, you can just sell it to her, having her pay this same amount as above and assume responsibility for the rest of the mortgage."}
{"_id": "323244", "title": "", "text": "A share is more than something that yields dividends, it is part ownership of the company and all of its assets. If the company were to be liquidated immediately the shareholders would get (a proportion of) the net value (assets - liabilities) of the company because they own it. If a firm is doing well then its assets are increasing (i.e. more cash assets from profits) therefore the value of the underlying company has risen and the intrinsic value of the shares has also increased. The price will not reflect the current value of the firms assets and liabilities because it will also include the net present value of expected future flows. Working out the expected future flows is a science on par with palmistry and reading chicken entrails so don't expect to work out why a company is trading at a price so much higher than current assets - liabilities (or so much lower in companies that are expected to fail). This speculation is in addition to price speculation that you mention in the question."}
{"_id": "323255", "title": "", "text": "\"A substantial portion of Native American poverty is \"\"reservation poverty.\"\" It is influenced by historical US Indian policy, reservation policies and deals, and certain cultural idiosyncrasies. For example, Cherokee are poorer than the people who reside in the land they were expelled from on the trail of tears. That was an interruption of capital accumulation. The distribution of proceeds of casino, oil, and other land deals wasn't exactly perfect welfare policy. Finally, in some communities there are harmful institutions such as arranged marriages of teen girls.   African American poverty has an almost entirely separate history, and is concentrated in different areas.\""}
{"_id": "323269", "title": "", "text": "Ask for at least 10 references.  Ask for 10 because it will be harder for them to refer you to ringer references like their family or friends."}
{"_id": "323284", "title": "", "text": "I don't see how allowing usage of your vehicle is less support than giving money to buy their own vehicle. If that's the only vehicle your mother has - then you're supporting her. Quantifying that support may be difficult though, but if you are providing her all of her needs - it doesn't matter. If she does have income of her own, I do not think that you can put the actual amount you're paying as part of the calculation towards the 50% rule since she would otherwise have bought a much cheaper car. But if you pass the 50% threshold even without the car payments - then you're fine either way."}
{"_id": "323310", "title": "", "text": "&gt; Try it! Deposit a check or buy with a credit card and scribble something unrelated as a signature! The deposit or credit card transaction will go through.  About that you are correct, however during any sort of forensic investigation they are going to ask to see a signature receipt if one is available.  &gt; For decades, retailers never compared signatures on credit cards to the person's signature.  No that isn't true. Retailers are required by many card processing vendors to send in a signed receipt. This is changing, because employees are lazy, and retailers don't care about their customers at all so they don't bother enforcing any standards on their minimum wage register jockeys. However many of them are still required to send signed receipts in. When I was younger I worked at a store that would not get paid by the bank if it did not send in a signed receipt for every transaction.  Go on, try walking away without signing your credit card receipt at stores where they present it for signature, and see what happens.  &gt; I know what I am talking about because I deal with credit cards a lot, professionally, in IT.  You and everyone else. Big deal. Different credit card processors have different requirements for their customers (merchants).  &gt; The credit card companies don't really care.  I think the real lesson here is **nobody cares**. Not the banks, not the credit card companies, and not the merchants. The only thing any of them give a fuck about is keeping the money flowing, especially into their own wallets, and if that means customers get ripped off sometimes because of inadequate protections, so what.  My only point is, if I have one at all, **merchants _should_ care** about protecting the customer, and **customers _should_ care** about what protections are in place to prevent fraud. **PIN numbers are fine** as an authentication method, **but they should be completely shielded from view** by people standing in line or cameras overhead."}
{"_id": "323320", "title": "", "text": "Coffee is much popular and cheaper here. I can get a can of coffee for under 100yen (about 1 dollar) if I buy it at the right place, a little more if it's from a vending machine or convenience store. Monster is twice that price, and red bull is 3 times (the size of drinks are smaller too). There are many brands of canned warm and cold coffee.     Many cans are in a bottle shape, and have a screw top lid. Really convenient to carry around."}
{"_id": "323339", "title": "", "text": "No, I really do.  Things break at least once a month, and never get fixed.  The worst one was the bathroom window that broke from opening it...3 weeks later, and several pieces of cardboard and duct tape later, it finally got replaced.  And the slumlords I rent from now are no where near the neighborhood that I moved out of when I could no longer afford my house.  The cost of living went up, and our pay went down.  That is not the specific lending bank's fault, indeed.  But the economy is crap, and crap runs downhill.  I didn't know how bad the schools were in the place we lived formerly until she'd been there for a couple years.  The schools here...despite the neighborhood...are excellent.  Tldr:  We were making more when we bought the house.  But it was a 50,000 house that someone stuck a 100,000 price tag on.  Lots of hidden problems that got glossed over in the home inspection."}
{"_id": "323351", "title": "", "text": "\"&gt;It can be argued that retarding the economy was a major goal of the Fed in the first place. To prevent the unrestrained runs that 1913-1929 saw which resulted in thousands of investors losing everything.   The Fed was the underlying *cause* of the 1913-29 era.   The \"\"Panic of 1907\"\" was really just a \"\"rich man's panic\"\" -- few people in the general population were invested in the stock market at that time -- and few businesses were listed either (the vast majority were privately owned, operated on a cash {i.e. not \"\"leveraged debt\"\"} basis, and were substantially unaffected).  The whole point of the Fed was to save the \"\"rich men's arses\"\" from their own screwups -- to \"\"socialize\"\" their losses.  Which is exactly (and only) what it is doing.  About the general welfare of the overall population... they couldn't give a rat's tail (other than some minimal concern over whether and how they will be able to milk &amp; bilk the population again).\""}
{"_id": "323355", "title": "", "text": "The deadline for contributing to a 401K is the last paycheck paid in December. That may not be the last pay period that ends in December. For example if the last pay period ends on Friday the 30th and you get paid on Thursday January 5th, that check is the first in the new year.  The US government has rules regarding how quickly the money needs to be sent to the 401K trustee. It is possible that the money may get there after the first of the year, but the important date for you is the date of the last paycheck in December. The company form to set the contribution rate (it could also be on a website) will have a deadline to determine if the rate makes the next check or the one after that. The form will also have a maximum amount as a percentage of the check. Some could allow up to 100% but yours might not. So how much you can put in with the last paycheck or two is up to company policy and your pay rate. The company forms or website will describe how the company match works. If you were try and put as much as possible into a few checks, it is possible to hit the $18,000 yearly limit in just a small part of the year. In some companies that would mean that you could miss out on company match money, because that would never be more than x% of each check. For example if you were to put $3,000 per check with a base pay of $5,000 every two weeks and if the maximum company match was 5%. After 6 checks you would be done: you would have put in $18,000 and the company would have put in $250 x 6 or $1,500. If you were to spread the money over all 26 checks you would still put in $18,000 but the company would have put in $6,500."}
{"_id": "323363", "title": "", "text": "In a word, no. Diversification is the first rule of investing.  Your plan has poor diversification because it ignores most of the economy (large cap stocks).  This means for the expected return your portfolio would get, you would bear an unnecessarily large amount of risk.  Large cap and small cap stocks take turns outperforming each other.  If you hold both, you have a safer portfolio because one will perform well while the other performs poorly.  You will also likely want some exposure to the bond market. A simple and diversified portfolio would be a total market index fund and a total bond market fund.  Something like 60% in the equity and 40% in the bonds would be reasonable.  You may also want international exposure and maybe exposure to real estate via a REIT fund. You have expressed some risk-aversion in your post.  The way to handle that is to take some of your money and keep it in your cash account and the rest into the diversified portfolio. Remember, when people add more and more asset classes (large cap, international, bonds, etc.) they are not increasing the risk of their portfolio, they are reducing it via diversification.  The way to reduce it even more (after you have diversified) is to keep a larger proportion of it in a savings account or other guaranteed investment. BTW, your P2P lender investment seems like a great idea to me, but 60% of your money in it sounds like a lot."}
{"_id": "323372", "title": "", "text": "I guess, psychologically speaking, that motivations in war are different than motivations in peace. The people with the money were 100% fine with throwing it in bomb form at the Japanese, but now that peace has engulfed the world for the most part, they want returns"}
{"_id": "323389", "title": "", "text": "\"Ally Bank $0 - from their website (emphasis mine): To receive a wire transfer from a non-U.S. bank: Incoming wire transfers from a non-US bank are processed by our   designated receiving bank, JP Morgan Chase Bank, N.A. You'll need to provide the following information to the person or   business sending the wire transfer to you: Receiving Bank: JP Morgan   Chase Bank, N.A. ABA/Routing Number: 021000021 Address: 1 Chase   Manhattan PLZ, New York, NY 10005 SWIFT Code or Bank Identification   Code: CHASUS33 Beneficiary Account Number: 802904391 Beneficiary Name:   List 'Ally Bank' since the wire is being processed by JP Morgan Chase   Bank, N.A. Further Credit: Your Ally Bank Account Number and your name   as it appears on your Ally Bank account. Note: We won't charge you to receive a wire transfer into your Ally   account. https://www.ally.com/help/search.html?term=SWIFT&console=false&context=Help&domain=www.ally.com&section=Help+%26+FAQs Alliant Credit Union $0 - from their website (emphasis mine): Direct international wire transfers  International wire transfers are   handled through our correspondent bank for processing. International   wires can take up to 10 business days to be credited to the receiving   institution. Funds should be wired to: Northern Trust ABA# 071000152 \"\"Note: US   Banks do not use SWIFT codes. This ABA # is used in place of SWIFT   codes for US Banks.\"\" 50 South La Salle Street, Chicago, IL 60603 For further credit: Alliant Credit Union Account Number 35101804 11545   W. Touhy Avenue, Chicago, IL 60666 For final credit: Member\u2019s name and complete address (No P.O. Box)   Member\u2019s 14-digit account number Destination of funds (checking,   savings or loan number)  Incoming wire transfers: Wire transfers received Monday - Friday,   7:00am - 3:00pm, CT, will be credited to your account the same day.   Wire transfers received after 3:00pm, CT, Monday - Friday and on the   weekend will be credited the next business day. Fees:   We do not charge a fee to receive incoming wire funds. However, the financial institution wiring the funds may charge for this   service. http://www.alliantcreditunion.org/help/receiving-a-wire-transfer-to-your-alliant-account\""}
{"_id": "323406", "title": "", "text": "\"The bottom line, is that you are doing the right thing now:  correcting your past indiscretions.  Get those collections taken care of, then start saving for a down payment.  Of course, during this time, you should pay your bills early or on time. During that time your credit will improve dramatically. I bet that this will not be an issue once you have your down payment saved, so the point is moot.   However, with outstanding collections it is very unlikely you will get a loan.  In my own case, I had to pay a collection, that I did not owe, in order to obtain a mortgage.  It was for a small amount and the loan officer told me that \"\"it is the cost of doing business\"\".  Ship $150 and my loan when through free and clear.\""}
{"_id": "323424", "title": "", "text": "I think a lot of people should just forego college altogether. To be clear, there are lots of valuable degrees out there. We can also always use some English and history majors, but we should make sure we get just enough to satisfy the demand. We wouldn't have engineers who could communicate without English majors who become teachers to them. But we have far too many people blindly picking majors and then realizing they are competing with a million others for a handful of available jobs."}
{"_id": "323427", "title": "", "text": "You don't work in the corporate world, do you? At least not in a place where decisions are made.   &gt; If they followed standard best practices and were hacked, then would you still want them put out of business?   The answer to this is always yes.  Someone has to be blamed. That person or persons is nailed to the wall.  If they aren't, you are.   &gt; Should airlines fold if one of their planes crashes?  Someone will take the blame, and that person or persons could be jailed.  The corporations responsible would be sued into bankruptcy.  In the real world, this translates to corporations shutting down and starting up under another name, or some combination such as firings, fines, etc..  In corrupt areas, those fines may come in the form of lobbying.   &gt; Now if they were negligent, that's another story. You can read my other comment down the thread but shutting down Equifax is only going to hurt innocent people who had no say in the matter. Personally I don't think that is going to do the most good after the fact.  You can't give a corporation immunity because you're afraid of hurting individuals who work for that corporation.  The corporation is not afraid to hurt them, and that will only cause more harm as other corporations realize their power.  A corporation exists for one and only one purpose.  That is to make money.  It's not to make a product.  It's not to employ people.  It's not to change the world.  It's to make money for itself and its shareholders.   The minute you let something like this slide, you've suddenly lost power with every single corporation out there.  Everyone will do it because it's now more profitable than not.  Those that don't cut this corner will not be able to compete.  Heads must roll on something this large or you're going to hurt every citizen of your nation."}
{"_id": "323437", "title": "", "text": "The number of days you could sustain your current lifestyle if you stopped working for money today"}
{"_id": "323449", "title": "", "text": "You don't have to make the repairs, if they're just cosmetic. The insurance company doesn't care if your house looks good or not. On the other hand, if the repairs are structurally necessary to prevent water damage to the house, not making them may result in the company raising your rate or not renewing the policy due to the increased risk. You can try asking your agent if you can get a ruling on that now, before deciding whether to spend the money. And of course if you don't do it, they may not count this damage toward your deductible for future damage this year."}
{"_id": "323452", "title": "", "text": "This isn't including revenue for SP3, it's probably including operating expenses for production of SP3, and Microsoft also overproduced SP1. It's not a terrible loss and probably looks worse than it is. Xbox division lost far more too, but it's a necessary cost to break into new markets and work towards their vision.   I'm not a fanboy by any means, but I think Microsoft have hit the money with the *idea* of the Surface Pro, and Apple are going to be playing catch up, which is going to look dire. Especially if iWatch is their upcoming innovation."}
{"_id": "323464", "title": "", "text": "You can do this with no problem. What you want is a direct transfer style of rollover. This is simply where the money is transferred from your 401(k) custodian directly to your new IRA custodian. This will ensure there are no taxes or penalties on the balance.  The key is that the money is moving directly to the new account without you having direct access to the balance. This keeps the money out of your hands in the eyes of the IRS. The process should look something like this: A few notes:"}
{"_id": "323469", "title": "", "text": "Some builders -- if given the first chance to deal with the problem, instead of being presented with a bill after the fact -- will fix the problem at no charge to the homeowner.  Good faith matters. My house was built by such a builder.  If I have a problem that I am competent enough to diagnose and fix, I fix it myself, at my cost.  If I have a problem that that I cannot diagnose and fix myself, but that I think the builder (or his subcontractor) is competent enough to diagnose and/or fix, I contact the builder (or subcontractor directly).  I am willing to pay for the diagnosis and/or fix, especially if it is an aging or wear-and-tear issue, or the logical consequence of a cost-saving measure that I voluntarily chose when the house was being designed. If the problem is a plumbing problem, I contact my preferred plumber for a diagnosis and/or repair.  I pay for my preferred plumber's work.  On two occasions, my preferred plumber was unable to fix the problem.  Both problems turned out to be installation (or testing) errors related to work done specifically for building inspections.  In both cases, I paid for my preferred plumber's diagnosis, and the builder (and/or his subcontractor) fixed the problem at no additional cost to me. The diagnosis and repair work that you describe seems like a similar situation to me.  (In fact, I had my builder's subcontractor replace a few prematurely damaged shingles on my roof.  This repair prevented a roof leak.  I noticed the problem while trimming a tree back from the roof.  The shingles were damaged because the building permit implied that the tree could not be trimmed back.  I'm spotting a pattern with these problems\u2026) In my opinion, the alleged problem with the roof pitch seems like a design flaw that should have been obvious at the time you chose the house design.  I expect that any corrections of this design flaw will need to come out of your remodelling budget.  In the absence of further details, I doubt that either the builder or the homeowners' insurance company is responsible for it. Some builders make a point of minimizing the warranty work they pay for, regardless of its effect on the builder's reputation.  I do not know which kind of builder you have. The lawyer has probably told you whether the relevant statutes of limitations have lapsed.  (The statutes of limitations vary from state-to-state, and vary depending on the alleged tort.)  Starting a lawsuit is likely to further damage your relationship with your builder. Homeowners' insurance companies now share the number of claims that have been made historically at each property address.  Most insurance companies now use this cumulative number of claims when setting rates, even if the claim(s) were made against a different insurance company, or by a different homeowner.  I do not know whether any insurance companies ignore claims older than a certain number of years, or ignore the first claim."}
{"_id": "323475", "title": "", "text": "First off, putting extra cash toward a mortgage early on, when most of the payments are going to interest, is the BEST time. If you pay an extra $1 on your mortgage today,  you will save 30 years worth of interest (assuming a 30 year mortgage). If in 29 years you pay an extra dollar, you will only save 1 year worth of interest. That said, there are lots of things that go into a decision like this. Do you have other debts? How stable is your income? What is the interest rate on your mortgage compared to any other debts you may have or potential investments you might make? How much risk are you willing to take? Etc. Mortgages tend to be very low interest, and, at least in the U.S., the interest on them is tax-deductible, making the effective interest rate even lower. If you have some other loan, you are almost always better to pay the other loan off first. If you don't mind a little risk, you are usually better off to invest your money rather than pay off the mortgage. Suppose your mortgage is 5%. The average return on the stock market is something like 7% (according to my buddy who works for Wells Fargo). So if you put $1000 toward your mortgage, you'd save $50 the first year. (Ignoring compounding for simplicity, changes the exact numbers but not the basic idea.) If you put that same $1000 in the stock market, than if it's a typical year you'd make $70. You could put $50 of that toward paying the interest on your mortgage and you'd have $20 left to go on a wild spending spree. The catch is that the interest on a mortgage is fixed, while the return on an investment is highly variable. In an AVERAGE year the stock market might return 7%, but this year it might return 20% or it might lose 10% or a wide range of other possible numbers. (Well, you might have a variable rate mortgage, but there are still usually some defined limits on how much it can vary.)"}
{"_id": "323498", "title": "", "text": "Term life insurance is just that - life insurance that pays out if you die, just like car insurance pays out if you have an accident. Like car insurance, it's easy to compare amongst term life insurance policies - you can even compare quotes online.  Whole life insurance is life insurance plus an investment component. The money that you pay goes to pay for your life insurance and it also is invested by the insurance company. Insurance companies love whole life because it is not a commodity; they can come up with a large variety of variants, and that fact plus the fact that it combines insurance and investment means that is very difficult to compare policies. Not to mention that fact that none of the companies - as far as I can tell - publish their whole life insurance rates, so it is very difficult to shop around."}
{"_id": "323507", "title": "", "text": "Depended on your peer performance. While 70 is a good score if your school average is around that then its not that great.Check online to look up the average.You might get contacted if its in the higher teirs. I know a few people who have as a result from taken bat"}
{"_id": "323519", "title": "", "text": "A perpetuity in the mathematical context is the equation in your link. A perpetuity in the legal sense is a liability that never matures, presumably paying endlessly, except for a banknote that pays nothing.  An example would be UK war bonds during WWII. Real estate can be modeled like a perpetuity for convenience, but it is not a legal obligation to pay forever if one excludes taxes. If one starts with capital and ends with a perpetuity, one has bought a perpetuity.  If one starts out with nothing and ends with capital by way of a perpetuity, one has sold a perpetuity."}
{"_id": "323550", "title": "", "text": "Not into a lot of beef offal, but that's about it. It's the ammoniating that's gross, as well as the need for ammoniating in the first place.    Beef liver's pretty gross to me though. Of course, some people love it, which is fine. Or better than fine when I was trying to sell it."}
{"_id": "323573", "title": "", "text": "\"The biggest disadvantage to you is that your tenant now knows your bank information, which means he can easily identify your source of money in the event he wins a lawsuit and wins a judgement.  He will be able to have a court marshall freeze your account. However, if you deposit your tenant's check into your account as opposed to an EFT, then your tenant can basically still obtain your bank account information and freeze your account, it would just take him a bit longer to get that information. I am definitely anti-landlord in these situations because I've had to deal with so many bad ones here in NYC, but as a landlord, the best thing you can do is to create a \"\"buffer\"\" account for you to deposit tenant rent money into, then transfer the money from the buffer account to your regular account.  This would prevent the tenant from knowing your personal bank information and greatly delay the tenant receiving his judgement from an assumed court win against you. My source:  I had to take my landlord to court, and after obtaining a judgement, I got a court marshall to begin the process of closing access to her account (she couldn't access the money in that account).  The process resulted in her sending me a check (assuming from her other account) for the judgement since her account was frozen and she couldn't access any of her money.\""}
{"_id": "323595", "title": "", "text": "To be fair, Trump doesn't wear a hairpiece.  It is, in fact, his real hair.  That's why it looks so hideous - it's a combover.  With his money, if he wanted to buy fake hair it would look a heckofalot better than that."}
{"_id": "323601", "title": "", "text": "\"&gt;My father and my grandfather and my great grandfather could all sustain their families on a single middle class income  Well, depends on what you define as \"\"middle class income\"\".  Some of it is a **rising expected standard of living**:  What size house did they have?  How many automobiles did they have?  If you go back to your great grandfather's time, he probably had far fewer sets of clothing.  They probably didn't have the television, telephone, and air conditioning services that I expect most middle-class people expect.  My dad ate fruits and vegetables only in season; you didn't get to have strawberries in the middle of winter or avocadoes shipped in from Chile.  I expect to be able to travel via air to visit relatives; go back to the 1960s or even into the 1970s, and it was considered something that only the well-to-do would expect to be doing.  My father didn't have video game consoles available to him.  Some of these are driven purely by technology, of course, and someone can manage to pay no larger a chunk of change than they did before.  We eat more meat, if I remember a lecture on this correctly.  My parents had a lot more casserole and spaghetti (inexpensive foods) than I do.  But some of it is also adjusting norms.  Reading about the sort of house that a farmer lived in a few hundred years back would make me think of horrible poverty by modern standards...  Most women seem not to have wanted to remain housewives when women started going out and doing men's historical work.  So if they go out into the workforce, then keeping up with the Joneses, doing what's considered middle-class requires doubling income, and downwards pressure on some fixed costs (like, say, utility costs or gas costs) is lessened; that makes things tough on the few holdout families who want to have a single-income standard.  Sure, maybe a small percentage of people out there want less-expensive beef, but its the bulk of people who get catered to...  **Automation** has greatly decreased demand for some types of jobs; performing a repetitive, pre-defined task on an assembly line has fallen dramatically in value as the need for more people to do this sort of work has fallen off.  Wages for a particular job are a function of how many people are available to do them relative to how many are needed.  Every ATM is one less bank teller, every e-commerce website fewer retail workers.  That increases the productive capacity of society, but whereas before there might be tremendous demand for someone to perform a repeated task on an assembly line (which it was easy to train people to do), many of the types of labor that are currently under-supplied are things that take longer to train people to do and require more specialization.  **Debt Service**.  Any debt that someone has that doesn't have a positive return-on-investment (an engineering degree would probably have a positive ROI, a large television probably a negative) winds up making them poorer in the long run.  Any debt at *all* (barring investors making bad pricing decisions and hitting default or unexpectedly low returns) means transfer of wealth from people without money to people with money.  The more (non-defaulted-upon) debt, the more people with more wealth make more wealth from lending.  People have vastly more *personal debt* than they once did.   Compare the amount of debt that someone has today with the amount of debt that they typically had in your great-grandfather's time, in the 1930s.  There's a constant *drain* of wealth towards the lenders.  This is one of Elizabeth Warren's favorite grousing points \u2014 people take out a *lot* more debt, particularly on housing, than they ever did in the past, and so a lot of their income is eaten year-by-year on debt service.  There are lots of factors that make it easier to take out more debt.  The biggest source of personal debt is [by far mortgages](http://www.utahfoundation.org/img/pdfs/rr689summary.pdf), and this is where the largest increases have taken place; policies to try to encourage people to go into debt to take out larger and larger mortgages have been steadily ramped up over this time, with the government subsidizing and taking on risk for insurance liability on mortgages to keep encouraging ever-larger amounts of debt.  Lenders have computers and much more information and sophisticated systems for evaluating risk of default, which permits lending out more wealth.  So there are technological changes driving this.  The government has more *public debt* which means more such payments, even if they don't show up on your personal checkbook and are only seen by an increasing disparity between what you pay in taxes and the services you get back.   Here's a chart of [inflation-adjusted debt per capita](http://www.theatlantic.com/business/archive/2011/07/chart-of-the-day-americans-income-and-the-us-debt/241463/) in the United States.  That means that there's a constant increasing in the siphoning off of taxes as well to pay for the government having purchased a good or service without having actually paid for it at the time it was ordered.  That decreasing green line means not that personal debt is falling (well, most of the time) but that the government is taking out debt on your behalf even faster than private debt has been going up.  **The rest of the world catching up and breaking a temporary limited monopoly on certain goods**.  China and India were not industrialized (and the former stuck under Maoism and not trading much with the rest of the world), so there were fewer people available to do this sort of work.  Europe rebuilt from World War II, so it didn't have to purchase from the overseas US manufacturing industry.  What could change?  Well, standard-of-living is a cultural thing; that seems hard to manipulate.  I'm sure that it's possible to change that, but I have a hard time suggesting how.  Automation would be an across-the-board good thing if workers could be efficiently shifted into fields which currently have more demand; it's only an issue for workers if they stay in a field that has falling demand.  I'm sure that our mechanisms for re-educating workers are not terribly good.  Today, our education system still involves having a person stand up in front of a lot of other people and talk at them, then have those other people go and repeat some rote tasks to try and hammer something into their brain; it's the same mechanism that the wealthy used hundreds of years ago to tutor their children, but ramped up on a larger scale.  If it were cheaper and easier to learn a new trade, it'd be easier to enter lucrative fields.  College costs in particular are ridiculous.  When you take college classes, you're basically getting a reading list, a very few limited slots to ask questions, and a set of predefined tasks plus some grading.  That can be done far less-expensively than it is provided today.  I personally have high hopes for online courses as a start here, though I'm sure that there will be stumbling blocks.  Ditto for things like Wikipedia; using hypertext means that I can skip over things I already know and focus on what I don't understand, and electronic, automatic distribution means that it can be done far less-expensively than having some guy with a PhD stand up in front of a room and read some lecture notes aloud.  Instead of answering questions generation after generation, *those* people should be polishing databases of *answers* to questions so that every subsequent human being can quickly and easily refer to their answer, and so that we can direct people to the best explanation easily.  It's possible to adopt some measures that would reduce debt service by reducing public debt, but the public debt has been growing for a long time, and it seems very clear that people are much more willing to take out debt than to cut into *their* favorite concern (low taxes or lots of services) in the immediate future.  As for reducing debt service via reducing private debt, most of the policy and technological factors that drive private debt seem unlikely to change to me.  Maybe if we see some sort of cultural change, an aversion to taking out debt with a negative ROI, but all of the information I'm giving here has been public for a long time and people haven't changed, so I doubt that we'll see any kind of a reversal or social movement against taking out lots of debt.  You'd have to have the equivalent of a [Great Awakening](https://en.wikipedia.org/wiki/Great_awakening) with respect to debt...and given that attempts to excite interest in the matter have generally not gone anywhere thus far, I suspect that this is human nature and doubt that things will change.  You can always change *your* personal debt decisions, but society as a whole?  As for the temporary monopoly...well, I think that it's pretty much inevitable that the rest of the world catches up to a great degree.  Asia will catch up, even Africa will eventually get there.  I think that that would be a pretty difficult thing to stop, and I think that most of the world would object to someone attempting to stop it.\""}
{"_id": "323631", "title": "", "text": "The GOP is in power and have an opportunity to build policy around taking care of the poor. Which is demanded by scripture in every corner that you look. So I have no trouble calling a Christian republican a hypocrite if they choose to use their power to build and propose legislative action which will do nothing to help the poor and will very likely make them more vulnerable. They have agency and they're using it to selfish ends contrary to the tenants of the faith. No where does the Bible equate taxation with theft or force, in fact paying taxes is expressly condoned and expected. Matthew 22:15-22"}
{"_id": "323636", "title": "", "text": "Look, if you think you're differentiating yourself by filling out an application online... like every other person out there, you're kidding yourself.  I have some sympathy for your position, but you need to show some initiative.  Pick up the phone and call these people.  Go meet with anyone that will let you come see them and ask for a mock interview.  Or, ask them if there's anyone in their organization that you can talk to that needs help at the entry-level level.  It's time to get creative.  It's not time to cross your fingers and hope something happens, you have to make your own luck.  Finally, you're going to need to broaden your search.  I got it - you want defense finance... welp... try something else.  There are TONS of entry level finance jobs all over the country.  Go work for a restaurant, a clothing store, a grocery store, a bank... ANYTHING to get 1-2 years of experience... and keep cold calling.  Talk to people - build a network.  Get good at your job and then move - ask for more money somewhere once you qualify.  If you want someone to review your resume, PM me, I'm glad to look it over.  Oh, and you should be sending a custom cover letter for every position.  Hope this helps... be creative.  Successful people are successful because they are willing to do the things unsuccessful people aren't!"}
{"_id": "323639", "title": "", "text": "Travel Squire, a digital travel magazine and travel therapist brings insights into food culture from different parts of the world. Get insight into the Le Cordon Bleu, one of the most prestigious hospitality institutes. Learn interesting things about the place and the famous cuisines. From mastering the culinary skills to choosing a new career path, get every detail you need on Le Cordon Bleu with Travel Squire. http://travelsquire.com/category/food/"}
{"_id": "323642", "title": "", "text": "\"From the HLSS 1st quarter 10Q: \"\"Match funded advances on loans serviced for others result from our transfers of residential loan servicing advances to SPEs in exchange for cash. The SPEs issue debt supported by collections on the transferred advances. We made these transfers under the terms of our advance facility agreements. These transfers do not qualify for sale accounting because we retain control over the transferred assets. As a result, we account for these transfers as financings and classify the transferred advances on our Interim Condensed Consolidated Balance Sheet as Match funded advances and the related liabilities as Match funded liabilities. We use collections on the Match funded advances pledged to the SPEs to repay principal and to pay interest and the expenses of the entity. Holders of the debt issued by this entity can look only to the assets of the entity itself for satisfaction of the debt and have no recourse against HLSS.\"\"   I'm not an expert in the accounting of these things but I'll take a stab from the view of a bond investor.  Let's assume the mortgage(s) in question have been pooled together and sold into the bond market in the form of a mortgage-backed security (MBS).    When a homeowner falls behind on their payment, scheduled principal and interest (their monthly mortgage payment amount, or \"\"P&amp;I\"\") is advanced as if the borrower is still current to the person who holds the MBS.  This is typically done from the time they first fall behind until either they 1) catch up on their payments or, 2) are foreclosed upon and the home is sold to repay the mortgage balance.  In either instance the advanced monthly payments are recaptured by the servicer before the holder of the MBS is paid.  In this sense, the servicer develops a sort of prepaid asset over time by advancing money they are almost certain to recover at a future date (usually via foreclosure and liquidation).    Due to a high number of borrowers falling behind on their payments since the housing crisis and the resulting time it takes to foreclose on a property, the servicers (OCN, HLSS, etc.) have built a large balance of advances on the asset side of their balance sheet.  To free up this cash prior to liquidation of the home, they have sold short term bonds against this asset (via an SPE), thereby creating the liability you reference.  So in essence they have, say, a home they expect to be liquidated in twelve months that they have advanced P&amp;I on.  The short term bonds sold via the SPE offset this asset at an equivalent term, thereby making the asset and liability \"\"match funded\"\".\""}
{"_id": "323647", "title": "", "text": "There is a lot of your financial information that the selling agent handles in the course of a real estate transaction, including but not limited to your pre-approval letter which states what maximum purchase price might be. Closing costs and interest rate are not details they would know unless you shared that with them, given that that is done after you go binding.  I agree with xiaomy in that, while in absolute monetary terms the higher amount should always be more attractive, the selling agent wants to ensure the transaction goes as smoothly as possible. With contracts falling through due to first-time buyers not making it through mortgage underwriting, it is in the seller's interest - and thus the seller's agent's concern - that the buyer not present such hurdles. Insofar as a higher down payment is a signal for that, then I can understand why it would be more attractive."}
{"_id": "323658", "title": "", "text": "We carry out pre-matrimonial checks regularly and consider it perfectly normal for families to want to run a background check on a prospective bride or groom.  With more and more people meeting online these days it is paramount that you carry out one of our checks to ensure that you, or a loved one, are making the right decision."}
{"_id": "323660", "title": "", "text": "\"I don't know really is the best investment strategy. People think that they have to know everything to make money. But realistically, out of the hundreds of thousands of publicly traded securities, you really can only invest in a tiny number of them. Of the course of a week, you literally have more than a million \"\"buy\"\" or \"\"don't buy\"\" decisions, because the prices of those securities fluctuate every day.  Simply due to the fact that there are so many securities, you cannot know what everything is going to do. You have to say \"\"I don't know\"\". Also, when you do understand something, it is usually fairly priced. So will you make money on it? \"\"I don't know\"\". Only very rarely will you find something that you actually understand well and it is significantly undervalued. You can be looking at a company a day for two years before you find it. But people get trigger happy. They bet on 51%/49% odds when they should only bet on 90%/10% odds or higher.  If you are forced to bet on everything, it makes sense that you bet on everything you believe is greater than 50% chance of winning. But since you cannot bet on everything, you should only bet on the highest quality bets, those with greater than 90% chance of winning. To find such a bet, you may have to shuffle through 100 different companies and only make 2-3 bets. You are looking for something that is at least 2 standard deviations away from the mean.  People are not good at doing a lot of work, most of which yields nothing, to find one big payoff. They are wired to only look at the present, so they take the best bet they can see at the moment, which is often barely above 50% (and with any misjudgment, it may actually be well below 50%). And people are not good at understanding compound/geometric growth. You can keep multipling 10% gains (1.10 * 1.10 * 1.10 ...), but that can all be wiped out by multiplying by one zero, which is why taking a 51%/49% bet is so dangerous (even though technically it is an advantageous one). They forget to adjust for the geometric aspect of compounding. A 99%/1% bet is one you should take, but if you are allowed to repeat it and you keep going all-in, you will eventually lose and have $0, which is the same as if you took a single all-in bet that has 0% chance of winning.  As Buffett says, if you are only allowed to make 20 investments over a lifetime, you will most likely do better because it prevents you from making many of these mistakes.\""}
{"_id": "323662", "title": "", "text": "http://www.legalzoom.com/business-management/starting-your-business/turn-your-calling Answering this, but I expect an expert to give an answer with some insight too There are many more steps, but not having done them personally I suggest you read the legalzoom.com site."}
{"_id": "323666", "title": "", "text": "Yeah it's almost like the problem is bigger than small businesses and small business employees and your experiences as a teenager...it's almost like there are armies of people stuck in poverty because they work for the largest corporations in America. But nah fuck that because status quo and don't rock the boat because of you making razor thin margins as a teenager who could have employed four fucking people in the grand scheme of things..."}
{"_id": "323676", "title": "", "text": "No.  The majority of creditors agreed to those terms.  If they hadn't, then Argentinas default would have been an open and shut case some time ago.  Its only now that they're in technical default, because the holdouts went against the majority, and the conditions of the bonds are that all must get equal treatment."}
{"_id": "323686", "title": "", "text": "It depends on how immediately you think you'll need your emergency fund cash: If you anticipate running into problems where you need cash right away (e.g. you live paycheck to paycheck, and your car breaks down a lot), put it into a checking or money market account. If you don't think your emergencies will require immediate access to cash (e.g. unemployment), then put it in a savings account or CD. If there is a lot of money in your accounts that goes unused, and you want a bigger safety net, then consider investing it. Though it's generally a better idea to pay off debts at this point. I think the best idea is to split your emergency fund between your checking and savings. Maybe 20% checking and 80% savings. That way, you have some extra cash on hand when you need it, while most of your money is growing in savings."}
{"_id": "323702", "title": "", "text": "Maybe you can explain their position.  It seems to me they should be in favor of:  1. Universal healthcare (public or private) for the reduced uncertainty and increased mobility to the working class   2. Ending government subsidies of things like energy and farming, so that the markets will properly transition and adjust based on the economic realities rather than manipulated markets   3. Copyright reform to enable easier access to aged content by creators and the public at large, including the creation of new businesses 4. Infrastructure investments that fuel growth in the forms of market development and market access   5. Industry-based cooperatives for things like waste management (a la Germany) to preclude the need for the government to dictate the standards and practices, while actually dealing with the problem.  But as far as I have seen, they are opposed to all of these things.    For example, in [1] above, what I've seen is that business likes to have the upper-hand in the employer-employee equation; they like when employees can't up-and-leave because the children would lose health care.  But the same informational availabilities that enable capitalism to function to their benefit are stifled in that case, preventing the employment market from properly equalizing.    To put it another way, erecting barriers to entry to prevent people from competing with you sounds great, but it usually bites you, your investors, and everyone else in the ass because your products/services are stagnant and you aren't competing.  Why do the so-called fiscal conservatives seem to be okay with ass-biting externalities and artificial barriers to entry?"}
{"_id": "323708", "title": "", "text": "It will be a mistake if it's just another game console.  If you think about it, the last gameplay tech push was made by Nintendo with the Wii U... And even that tech wasn't unique, but the had strong IP to back it up.  VR currently it's still a gimmick, despite the current state of the art.  The form factor hasn't changed in years. Switch is a tablet, with Nintendo IP... If done well they would work on high end smartphones.  PS4 and Xbox, same stuff.  It's all about X86 or ARM, and who has right IP.  In the end it will be a mini-NES like console toy, to play the old Atari titles in a raspberry pi form factor."}
{"_id": "323709", "title": "", "text": "Correct, but it will always be harder to raise chickens than to print money.  I'm not actually talking about using chickens as currency, just using them as a metaphor for the dollar bill.  It is generally easier for people to think about something tangible, rather than a piece of paper that has an arbitrary value, especially when dealing with economics issues and debates."}
{"_id": "323726", "title": "", "text": "America is an oligarchy, not a democracy or republic. The richest people in the country pay congress to introduce more bills so they can get richer.   This problem is not going away, and the wealth gap is going to continue to widen, and poverty is going to continue to rise."}
{"_id": "323731", "title": "", "text": "If you are planning this as a tax avoidance scheme, well it is not. The gains will be taxable in your hands and not in the Banks hands. Banks simply don't cash out the stock at the same price, there will be quite a bit of both Lawyers and others ... so in the end you will end up paying more. The link indicates that one would pay back the loan via one's own earnings. So if you have a stock worth USD 100, you can pledge this to a Bank and get a max loan of USD 50 [there are regulations that govern the max you can get against 100]. You want to buy something worth USD 50. Option1: Sell half the stock, get USD 50, pay the captial gains tax on USD 50. Option2: Pledge the USD 100 stock to bank, get a loan of USD 50. As you have not sold anything, there is no tax. Over a period pay the USD 50 loan via your own earnings. A high valued customer may be able to get away with a very low rate of intrest and very long repayment period.   The tax implication to your legal hier would be from the time the stock come to his/her hands to the time she sold. So if the price increase to 150 by the time Mark dies, and its sold at 160 later, the gain is only of USD 10. So rather than paying 30% or whatever the applicable tax rate, it would be wise to pay an interest of few percentages."}
{"_id": "323741", "title": "", "text": "\"the point is is that your hard work may or may not pan out based on factors which are completely not in your control, both in the past and in the future. that's the \"\"right time\"\" part of the expression. the right place is the part that everyone controls, but it's insufficient.   i mean are you really going to tell some person growing up in a slum that all they need to do is spend time and get to know and become friends with people? 9999/10000 times that isn't going to cut the mustard, because of their unlucky starting point.\""}
{"_id": "323743", "title": "", "text": "The city's leaders operated on the assumption that the housing boom would continue in perpetuity and committed too much of the city's coffers to employee benefits. Median home prices in Stockton fell from nearly $400,000 in 2006 to roughly to $110,000 in 2009, which decimated property tax receipts. The city has the 2nd highest rate of foreclosures in the country. They've been running perennial budget deficits and have burned through all their emergency rainy day funds. Public safety represents 80% of the city's $200 million budget, and city employees receive a guaranteed salary increase from 2.5-7% each year. Employee healthcare costs have seen a meteoric rise, growing at 10% per year over the past decade. Other post-employment benefits (OPEB), including pensions, are have also skyrocketed. Stockton is on the hook for more than $800 million in unfunded liabilities for pensions and OPEB. So, basically, public employees are draining the resources of a city that has been devastated by the housing collapse."}
{"_id": "323749", "title": "", "text": "\"There are a number of ways to measure such things and they are generally called \"\"sentiment indicators\"\".  The ones that I have seen \"\"work\"\", in the sense that they show relatively high readings near market tops and relatively low readings near market bottoms.  The problem is that there are no thresholds that work consistently.  For example, at one market top a sentiment indicator may read 62.  At the next market top that same indicator might read 55.  So what threshold do you use next time?  Maybe the top will come at 53, or maybe it will not come until 65. There was a time when I could have listed examples for you with the names of the indicators and what they signaled and when.  But I gave up on such things years ago after seeing such wide variation.  I have been at this a long time (30+ years), and I have not found anything that works as well as we would like at identifying a top in real time.  The best I have found (although it does give false signals) is a drop in price coupled with a bearish divergence in breadth.  The latter is described in \"\"Stan Weinstein's Secrets For Profiting in Bull and Bear Markets\"\". Market bottoms are a little less difficult to identify in real time.  One thing I would suggest if you think that there is some way to get a significant edge in investing, is to look at the results of Mark Hulbert's monitoring of newsletters.  Virtually all of them rise and fall with the market and almost none are able to beat buy and hold of the Wilshire 5000 over the long term.\""}
{"_id": "323755", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [First, Amazon destroyed retail -- now, it's coming for Starbucks | ZDNet](https://www.reddit.com/r/talkbusiness/comments/79uaxa/first_amazon_destroyed_retail_now_its_coming_for/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "323768", "title": "", "text": "\"(See also the question How many stocks I can exercise per stock warrant? and my comments there). Clearly, at the prices you quote, it does not seem sensible to exercise your warrants at the moment, since you can still by \"\"units\"\" (1 stock + 1/3 warrant) and bare stock at below the $11.50 it would cost you to exercise your warrant.  So when would exercising a warrant become \"\"a sensible thing to do\"\"? Obviously, if the price of the bare stock (which you say is currently $10.12) were to sufficiently exceed $11.50, then it would clearly be worth exercising a warrant and immediately selling the stock you receive (\"\"sufficiently exceed\"\" to account for any dealing costs in selling the newly-acquired stock). However, looking more closely, $11.50 isn't the correct \"\"cut-off\"\" price. Consider three of the units you bought at $10.26 each. For $30.78 you received three shares of stock and one warrant. For an additional $11.50 ($42.28 in total) you can have a total of four shares of stock (at the equivalent of $10.57 each). So, if the price of the bare stock rises above $10.57, then it could become sensible to exercise one warrant and sell four shares of stock (again allowing a margin for the cost of selling the stock). The trading price of the original unit (1 stock + 1/3 warrant) shouldn't (I believe) directly affect your decision to exercise warrants, although it would be a factor in deciding whether to resell the units you've already got. As you say, if they are now trading at $10.72, then having bought them at $10.26 you would make a profit if sold. Curiously, unless I'm missing something, or the figures you quote are incorrect, the current price of the \"\"unit\"\" (1 stock + 1/3 warrant; $10.72) seems overpriced compared to the price of the bare stock ($10.12). Reversing the above calculation, if bare stock is trading at $10.12, then four shares would cost $40.48. Deducting the $11.50 cost-of-exercising, this would value three \"\"combined units\"\" at $28.98, or $9.66 each, which is considerably below the market price you quote. One reason the \"\"unit\"\" (1 stock + 1/3 warrant) is trading at $10.72 instead of $9.66 could be that the market believes the price of the bare share (currently $10.12) will eventually move towards or above $11.50. If that happens, the option of exercising warrants at $11.50 becomes more and more attractive. The premium presumably reflects this potential future benefit. Finally, \"\"Surely I am misunderstand the stock IPO's intent.\"\": presumably, the main intent of Social Capital was to raise as much money as possible through this IPO to fund their future activities. The \"\"positive view\"\" is that they expect this future activity to be profitable, and therefore the price of ordinary stock to go up (at least as far as, ideally way beyond) the $11.50 exercise price, and the offering of warrants will be seen as a \"\"thank you\"\" to those investors who took the risk of taking part in the IPO. A completely cynical view would be that they don't really care what happens to the stock price, but that \"\"offering free stuff\"\" (or what looks like \"\"free stuff\"\") will simply attract more \"\"punters\"\" to the IPO. In reality, the truth is probably somewhere between those two extremes.\""}
{"_id": "323774", "title": "", "text": "Targeted voter registration is *everywhere*, that's not very malicious.  My college has people going around getting students to register (and that's a good thing!) on an absolutely industrial scale. Of course, I understand that they're not doing it out of the pure goodness of their heart; they want their candidate to win. This is somewhat reinforced by the fact that there's a democratic party office rented out 1 minute from campus..."}
{"_id": "323800", "title": "", "text": "\"Two things that will help...keep in mind it takes a long time to build up a client base but things will help...a LOT!  First, join the local property management professional groups and make friends with all the regional property managers in your area.  They are usually the deciders when it comes to hiring vendors.  Second, get a bunch of water-proof stickers and magnets made with your contact info...when you repair a plumbing stack, clear a drain, install a water heater, slap on of these bad boys on it.  Have it say something like, \"\"Installed with pride by XXXXXXX, if you need any other work done, please let us know.\"\"  When the heater fails or the line is clogged most home owners will look at it (the water heater) and then wonder who to call for a repair...and you just gave them the answer before they had to break out the proverbial phone book.\""}
{"_id": "323808", "title": "", "text": "\"I believe MrChrister's answer is correct:  Since they're FDIC insured, they are \"\"legit.\"\"  Second, on the seemingly too-good-to-be-true rate: They're basically making up the difference on other fees (not necessarily paid by you) in order to offer you the higher-than-market rate. I'd like to point out two things not mentioned about the current rate offer, though: The high 4.09% APY advertised is only on balances up to $25,000; anything over that threshold is at a lower 1.01% APY. The offer also states in the footnotes: \"\"Rates may change after the account is opened.\"\" You might want to see if they have a good history of paying higher than average interest rates. You wouldn't want to switch only to find out the promotional rate was a teaser that soon gets reduced.\""}
{"_id": "323841", "title": "", "text": "Sometimes for me its that I'm sitting at my desk for 8 hours a day, plus commute. The last thing I want to do is sit another 2 hours at a movie theater seat. Then on weekends, things just come up and I rarely go. Probably less than 8 times a year."}
{"_id": "323848", "title": "", "text": "Lakeville condo by MCL is a new launch project in the Jurong Lake district of Singapore. Check out the fact sheet about Lakeville to know about the type of residential units available, floor plan, location, nearby tourist attractions and other relevant details."}
{"_id": "323862", "title": "", "text": "It's like no one gets this. If you funneled everyone into a particular course of study, you're going to massively saturate the market.   Need proof? The same has happened in terms of funneling into everyone into a particular educational choice, i.e. the Bachelor's degree."}
{"_id": "323873", "title": "", "text": "Just to punch it in, my friend owns bars/restaurants and is a multi millionaire at the age of 29. His career choice wasn't corporate ladder, but entrepreneur.   I'm investing his wealth and he is giving me a generous deal, I'm starting my own investment firm and having him as a client is the only client I need to be potentially a millionaire as well too.   Don't pigeonhole yourself like everyone else does, but also know what you are capable of. Some people just aren't made to be their own boss as much as they say they could so it takes a bit of swallowing your pride and moving along to your best pathway.  I could no way ever work for someone else so I swallowed my pride in a way and went my own path by saying bye to the corporate world. Some people think this is the ultimate goal, but I would relinquish potentially moving up that ladder and having that sort of prestige etc."}
{"_id": "323887", "title": "", "text": "\"**Sidebar on gold and gold-backed currency and stuff like that:**  Because I said I would get to it...  The above pretend history of the pretend village is not how modern money actually came to be. In reality, things are much less sequential and happen much more contemporaneously without the \"\"eureka!\"\" moments. The above was a parable to illustrate how money works to a 5-year-old, not an actual history of how money emerged.   Until fairly recent times, paper money was not really very useful or practical for most purposes, especially if you wanted to spend money in a different village than where it was printed.   If we go back in time a period before ATMs, wire-transfers, widespread literacy, etc, then a piece of paper written in Timbuktu is not likely to get you very far in Kathmandu. You could take your apples and deer-haunches and shoes around with you to trade, but the earliest naturally-emerging currencies tend to be hard things that were rare and easily-identifiable (jewels, colored shells, etc), and they frequently coincided with the personal decorations of the rich, in a self-reinforcing feedback loop (people with a surplus of time and food could decorate themselves with pretty things, which became valuable as status symbols, which made them more valuable as decorations, which made them more valuable as barter objects, which made them more prestigious shows of wealth, etc).  Gold emerged as a sort of inevitable global currency, before people even thought of it as currency. It is rare, portable, easy to identify, can easily be made into jewelry, and can be easily quantified (unlike, say, jewels or seashells, which are harder to treat as a \"\"substance\"\"). Once word got around that rich people like it, it became easy to barter with anyone, anywhere, for anything.   In the early stages, it was not really the same thing as \"\"money\"\", it was just an easy thing to barter. But it had money-like characteristics:  - If someone walked into your apple-orchard offering to trade a yellow rock for apples, you might look at them a little funny. What use does an apple-grower have for a yellow rock?  - But if you know that rich people in town covet this soft yellow metal as something they can make jewelry out of, then you might be happy to trade apples for it.   - Once *everyone* knows that rich people will trade for this stuff, it becomes something like actual currency: neither the hunter, the shoemaker, nor the fisherman in town has much use for it, but because they know they can redeem it for the stuff they *do* want and need, it becomes a sort of transferable IOU that can be redeemed anywhere, i.e., money.   The early history of paper money did not evolve the way I described in the earlier posts (although it could have, and would have got to the same place). Instead, the early history of paper money was certificates issued by storage-vaults of precious metals (i.e., early \"\"banks\"\"). Instead of carrying around yellow and silver rocks, you could deposit them somewhere and get a piece of paper entitling the holder to withdraw a certain quantity of gold or silver or whatever.   Pre-1934 dollars, like virtually all paper currency until fairly recently, could be redeemed for physical gold or silver at a Federal Reserve Bank, and dollars were only printed if the treasury had enough physical gold and silver to \"\"pay off\"\" the bearer with precious metals.   For a whole lot of reasons that are topics for another discussion, decisions were made that eventually led to the abandonment of the \"\"gold standard\"\" and now the dollar, like most modern currencies, is pure fiat paper: it's only \"\"worth\"\" whatever everyone agrees it is worth, and can only be \"\"redeemed\"\" by trading it to someone else for whatever they will give you for it. There are long, loud, and ongoing feuds over whether that was a good idea, and I'm not going to get into that here.\""}
{"_id": "323898", "title": "", "text": "Not it doesn't, and yes they can. If the audit is closed, you should have received invitation to attend the closing conference, and get the summary of decisions from that meeting in writing. I suggest you check with your tax representative about this refund check before cashing it."}
{"_id": "323911", "title": "", "text": "You might be the exception. Having too many types of mustard would waste space on shelves, prevent TJ from a better bargaining position, and cause customers greater confusion, leading them to spend longer in the store and buy less. All those are costs to TJ. Often TJ brand is just the day thing that you get elsewhere but repackaged and cheaper due to superior bargaining position."}
{"_id": "323916", "title": "", "text": "Well, the potential problem is that the FTSE 100 could go down, or just not up. Really, it's as simple as that. After all, why diversify if the FTSE 100 will only go up? So, the question is, why wait to diversify? Why not add in the Gilt ETF for a little government bond exposure? Why not a Corp. bond ETF? Maybe a little of that Global ex-UK for a little foreign stock exposure?  That said, saving is better than not saving, so if starting it off with just the FTSE 100 gets you saving, go for it."}
{"_id": "323927", "title": "", "text": "I'm so tired of Google's shameless, evil shenanigans. Amazon, Facebook, and yes, even Microsoft try damn hard to create products people want.  What does Google do? Ride their one-horse pony (search), invade people's privacy, and shamelessly copy - and fail - everyone else's good ideas."}
{"_id": "323932", "title": "", "text": "I will just explain the time value of money in general, descriptive terms and save the math for someone else. Imagine: You have half a million dollars. I'd like to borrow it all from you. I'll pay it all back, every penny, but no more. And I'll pay it back in about, oh, thirty years or so. (Imagine also that you can be 100% sure that I'll pay it back.) Does this sound like a good deal? Not really. Why not? Well, you could do something with that sort of money. With that sort of money, you could do a lot of things for 30 years. You could buy a nice house and live in it for 30 years and save yourself from spending a lot of money on rent during that time (or save money on interest by paying off a mortgage early) even if the price of the house goes nowhere. If you already had a house, you could do some home improvement, like insulate the place better (to save on heating bills) or even just on something that you're going to enjoy for part of those 30 years (a patio in the back yard). If you were feeling entrepreneurial, you could take that money and start a business. Or you could invest that money in the stock market, and get a lot more back.... and if that's too risky for you, just start a savings account and earn interest. And finally, in 30 years, the value of the dollar will be lower because of inflation, so it won't buy as much now as it will then. That's the time value of money. It's the opportunity cost of the best of the things that you could have done with that money during the time it was gone. When you take out a loan, your interest payments will depend in part on the time value of the money you're borrowing: the people making the loan could be investing that money somewhere else, like government bonds. (It will also depend on factors like the risk of default on the loan - this is why credit card debt is more expensive than debt like a mortgage that's backed by a big fat asset like a house which can be seized and sold if you happen to default.) This is how the Federal Reserve can affect interest rates across the economy by just buying or selling government bonds."}
{"_id": "323934", "title": "", "text": "\"Open an investment account on your own and have them roll the old 401K accounts into either a ROTH or traditional IRA. Do not leave them in old 401k accounts and definitely don't roll them into your new employer's 401K. Why? Well, as great as 401K accounts are, there is one thing that employers rarely mention and the 401K companies actively try to hide:    Most 401K plans are loaded with HUGE fees. You won't see them on your statements, they are often hidden very cleverly with accounting tricks. For example, in several plans I have participated in, the mutual fund symbols may LOOK like the ones you see on the stock tickers, but if you read the fine print they only \"\"approximate\"\" the underlying mutual fund they are named for. That is, if you multiply the number of shares by the market price you will arrive at a number higher than the one printed on your statement.  The \"\"spread\"\" between those numbers is the fee charged by the 401K management company, and since employees don't pick that company and can't easily fire them, they aren't very competitive unless your company is really large and has a tough negotiator in HR. If you work for a small company, you are probably getting slammed by these fees. Also, they often charge fees for the \"\"automatic rebalancing\"\" service they offer to do annually to your account to keep your allocation in line with your current contribution allocations.  I have no idea why it is legal for them not to disclose these fees on the statements, but they don't. I had to do some serious digging to find this out on my own and when I did it was downright scary. In one case they were siphoning off over 3% annually from the account using this standard practice. HOWEVER, that is not to say that you shouldn't participate in these plans, especially if there is an employer match. There are fees with any investment account and the \"\"free money\"\" your employer is kicking in almost always offsets these fees. My point here is just that you shouldn't keep the money in the 401K after you leave the company when you have an option to move it to an account with much cheaper fees.\""}
{"_id": "323944", "title": "", "text": "\"But speculation is absolutely intended to happen, and is considered necessary for healthy a investment environment.  What I am saying, however, is that this desire to rid the world of HFT appears to be moral rather than logical. There is very little reason to eliminate HFT as it stands, although there appears to be a propensity for very emotional responses to the basic concept. Ones I can appreciate. However I am suggesting they are misguided as the people who should be upset with HFT are the hedge fund managers and day traders they are outwitting, not you or me who buy and sell shares on a whim every so often. If you want to ban day traders that is a separate argument I don't want to go into.  The idea that these computer algorithms are all set to \"\"sell,sell,sell\"\" is provably nonsensical. If that were the case, all of the HFT participants would have gone massively bankrupt during the flash crashes. Also, it is quite patently the case that somebody has to be buying in order for anybody to sell. Saying \"\"this is what caused some of the crashes\"\" is just your desire for a simple explanation. It must have been more complex than this, and to my knowledge none of these crashes have been adequately explained although some poorly designed algorithms have been implicated. Note that in one of these cases IIRC a fund closed its doors due to the losses, and the market was largely unaffected. So it seems like a problem that self corrects in this case, and one that only *harms* the participant that erred.  Also, to correct a basic misunderstanding, selling happens all of the time, and does not inherently drive the price down. There are by definition an *equal number of sales to purchases*. What drives the price down is *the people buying being willing to pay less*.  EDIT: as another aside, a point I have made elsewhere and seems suitable to make here: flash crashes, whilst causing panic, are again something only the professional intra-day trading community are likely to be affected by. Their very name implies so. The reason being that anybody investing based on the *long term investment potential* of a company will only benefit in the temporary drop in price, as they can purchase more of the company at a bargain price. Any intelligent investor will not be fazed by the drop in price, as price has *no bearing on a company's real value*, and stocks do tend towards this value over time, whatever happens over the short term. The only case in which it could is if the company owns a large portfolio of stock that itself devalues dramatically that they intended to sell and as a result experience cash flow problems. This is so incredibly unlikely with a flash crash as to be ignored.\""}
{"_id": "323946", "title": "", "text": "First the obvious: Business school rankings are flawed.   I have no doubt that Asian business schools are improving rapidly, and many are already on par with Western universities. Many of the best teachers at US/European schools are also teaching in Asia (I have never had an Asian teacher but I expect that they are as great as their Western counterparts). Also, academic journals accept more and more Asian submissions.   But we also have to put the numbers in perspective. An American student who did an MBA in China will have a hard time getting a job in the US. Even those who go to European universities are met by recruiters with puzzlement. So these the high ranking of Asian schools is really only relevant for Asian students.   In short, what the ranking says is: If you're Chinese, you don't *need* to go to the US or Europe for your business degree. Personally I suggest you still do if you can afford it, because the experience abroad, and the exposure to students with a different attitude, will be an enrichment."}
{"_id": "324002", "title": "", "text": "Assuming United States; answer may be different elsewhere. The best instructions I have seen for this were on the webpage of one of the law firms making an organized business out of intra-family loans, but any lawyer who can deal with normal bank loans should be able to help you set this up and get it filed with the appropriate authorities to make it a legally binding mortgage. Shouldn't cost you much in legal time to do it. You will have to charge interest; your lawyer can tell you what the minimum and maximimum interest rates would be where you are. Your interest income will be taxable. The borrower may or may not be able to deduct the interest paid from their taxes. Of course if the borrower has any sense they'll want to get their own lawyer to review the terms of the agreement, and to tell them whether they can deduct it from taxes or not."}
{"_id": "324012", "title": "", "text": "Nowhere. To back up a bit, mutual funds are the stock market (and the bond market). That is, when you invest in a mutual fund, your money is ultimately buying stocks on the open market. Some of it might be buying bonds. The exact mix of stocks and bonds depends on the mutual fund. But a mutual fund is just a basket of stocks and/or bonds (and/or other, more exotic investments). At 25, you probably should just be investing your Roth IRA in index stock mutual funds and index bond mutual funds. You probably shouldn't even be doing peer-to-peer lending (unless you're willing to think of any losses as the cost of a hobby); the higher interest rate you're getting is a reflection of the risk that your borrowers will default. I'm not even sure if peer-to-peer lending is allowed in Roth IRA's.  Investing in just stocks, bonds, and cast is boring, but these are easy investments to understand. The harder the investment is to understand, the easier it is for it to be a scam (or just a bad investment). There's not necessarily anything wrong with boring."}
{"_id": "324015", "title": "", "text": "Yeah, I completely agree. There are examples of both good and bad government interventions. All innovation comes with risk.  I think what I objected to initially was the corporate doublespeak. Saying they are doing one thing when they are clearly, selfishly, doing another."}
{"_id": "324037", "title": "", "text": "First price isn't artificially maintained at a level. When a refining company signs a contract to buy crude from a supplier, it promises to buy at a certain price with options for increase and decrease due to the fluctuating prices in the market. And it buys crude to build up a certain buffer to supply itself for a certain duration, in case of supply problems. As it had bought oil at a higher price, it would be reluctant to lower the prices even if the current crude it buys is at a lower cost. If it buys oil from the open market, it has no other option than to pass on the hike on to the consumers, so a more intense fluctuation in the prices of oil at the point, where you buy it. Some airlines used hedging to take care of the spurts in the price of oil, to mantian their operating margins.  And moreover refining and distribution is a very low margin business, so the company has an incentive to sell at a higher cost if required."}
{"_id": "324066", "title": "", "text": "\"You could end up with nothing, yes.  I imagine those that worked at Enron years ago if their 401(k) was all in company stock would have ended up with nothing to give an example here.  However, more likely is for you to end up with less than you thought as you see other choices as being better that with the benefit of hindsight you wish you had made different choices. The strategies will vary as some people will want something similar to a \"\"set it and forget it\"\" kind of investment and there may be fund choices where a fund has a targeted retirement date some years out into the future.  These can be useful for people that don't want to do a lot of research and spend time deciding amongst various choices.  Other people may prefer something a bit more active.  In this case, you have to determine how much work do you want to do, do you want to review fund reviews on places like Morningstar, and do periodic reviews of your investments, etc.  What works best for you is for you to resolve for yourself. As for risks, here are a few possible categories: Time - How many hours a week do you want to spend on this?  How much time learning this do you want to do in the beginning?  While this does apply to everyone, you have to figure out for yourself how much of a cost do you want to take here. Volatility - Some investments may fluctuate in value and this can cause issues for some people as it may change more than they would like.  For example, if you invest rather aggressively, there may be times where you could have a -50% return in a year and that isn't really acceptable to some people. Inflation - Similarly to those investments that vary wildly there is also the risk that with time, prices generally rise and thus there is something to be said for the purchasing power of your investment.  If you want to consider this in more detail consider what $1,000,000 would have bought 30 years ago compared to now. Currency risk - Some investments may be in other currencies and thus there is a risk of how different denominations may impact a return. Fees - How much do your fund's charge in the form of annual expense ratio?  Are you aware of the charges being taken to manage your money here?\""}
{"_id": "324070", "title": "", "text": "I'm going to go out on a limb and say the issue isn't so much construction productivity as it is financial security. It's not uncommon for large projects to start off the belief that the money will show up by the time the project is over, look at the US, major road projects are started off the assumption that tax receipts will pay for the roads if the receipts don't then everything gets back logged which just costs even more money as nothing is done."}
{"_id": "324083", "title": "", "text": "\"&gt; I don't have a lot of time to keep going back and forth. It seems like we differ on a bunch of things.  Okay, I'll try to respect your time and just point out where I think we disagree factually and then end with a general question.  &gt; That makes sense as the electric company does not own the utility poles...  The utility poles and municipal electrical delivery infrastructure is generally owned by the electric company. (Who do you see repairing it when it breaks?) [It was 1996 order by the Federal Energy Regulatory Commission that requires the electric companies to share it like a public resource](https://www.ferc.gov/legal/maj-ord-reg/land-docs/order888.asp).  &gt; No one would by a coffee pot if there was a known fire-starting issue with those coffee pots.  I think this is a key difference of opinion between us.  I would be a lot more pro-free-market if I believed that the consumer could always make a complete, informed decision.  I am certain an individual cannot.  The manufacturer is certainly not going to tell potential customers that their product is dangerous and neither consumers nor stores have the tools to confirm a faulty product or the voice to inform the world.  Consider the quintessential example of the health effects of smoking.  [It was 1950 when there was strong evidence that smoking was correlated to lung cancer](https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2038856/).  The tobacco companies when on a huge, successful, disinformation campaign that was so good [after almost twenty years only one-third of doctors believed cigarettes to be dangerous](http://tobaccocontrol.bmj.com/content/21/2/87).  [In 1965 the US Government added warning labels to cigarette packages but in 1981 the FTC found this was of poor effectiveness of informing consumers](https://www.cdc.gov/tobacco/data_statistics/sgr/2000/highlights/labels/index.htm).  It wasn't until [the US Government went on a media campaign of it's own that the message started to get out](https://en.wikipedia.org/wiki/Public_Health_Cigarette_Smoking_Act).  \"\"Okay,\"\" you might say, \"\"but that was then and it's different now.  We have the Internet now and people are smarter.\"\"  Nope.  Tobacco use is on the decline in the US but [it is booming globally and manufactures continue to use the exact same misinformation campaigns to sell its products](http://www.businessinsider.com/the-world-is-losing-the-war-on-the-tobacco-industry-2016-11).  These companies are exploiting people, selling them something they know to be addictive and toxic, and we know that here mainly thanks to the US government.  &gt; Taxing people as a way to redistribute wealth is wrong. Imposing mandates so people buy a product/service is just straight up wrong.  Your principled stand here rings hollow to me.  I hear you making a moral stand on mandates and wealth redistribution taxes but in so much of our other discussion you have suggested the ends justify the means.  It is okay if a few coffee pots explode as long as everyone gets a free market.  Jobs fleeing the country is fine as long as we all get cheap iPhones.  On one hand you think it is a travesty that a health plan won't replace an 80-year-old knee but say almost nothing about leaving people with no health care at all.  You have demonstrated that you have no problem breaking a few eggs to make an omelette, so claiming that breaking these particular eggs is \"\"wrong\"\" just doesn't add up especially when you say you're good with it for \"\"true welfare\"\" cases.  That leaves me with two theories about your position:  1) You don't actually have a problem with taking wealth from the rich.  You have a problem with giving wealth to people who are poor by choice. 2) You don't actually have a problem making people pay for a service they won't use.  You have a problem with giving a service to non-hard-luck cases for free.  What do you think?  Do either of my theories hold water?  Have a great weekend!\""}
{"_id": "324188", "title": "", "text": "This wasn't a next gen or fast breeder plant that was going in. This was old tech, IIRC. Solar will be better. Rates are going down with this new plan and it's clean energy.  However, I don't trust Duke Energy at all. This is probably party of a shady scheme to screw their customers."}
{"_id": "324197", "title": "", "text": "\"My knowledge relates to ETFs only. By definition, an ETF's total assets can increase or decrease based upon how many shares are issued or redeemed.  If somebody sells shares back to the ETF provider (rather than somebody else on market) then the underlying assets need to be sold, and vice-versa for purchasing from the ETF provider.  ETFs also allow redemptions too in addition to this. For an ETF, to determine its total assets, you need to you need to analyze the Total Shares on Issue multipled by the Net Asset Value.  ETFs are required to report shares outstanding and NAV on a daily basis. \"\"Total assets\"\" is probably more a function of marketing rather than \"\"demand\"\" and this is why most funds report on a net-asset-value-per-share basis. Some sites report on \"\"Net Inflows\"\" is basically the net change in shares outstanding multiplied by the ETF price. If you want to see this plotted over time you can use a such as: http://www.etf.com/etfanalytics/etf-fund-flows-tool which allows you to see this as a \"\"net flows\"\" on a date range basis.\""}
{"_id": "324210", "title": "", "text": "This question is about PROPERTY acquired before becoming a resident of the US. If you bought property before you were a resident, and sold it after you were a resident, then you pay capital gains tax on the whole thing. Just see if it qualifies for long term capital gains tax treatment, because it is a substantially lower tax rate. You either have a tax event or you don't, and there's nothing wrong with an audit to prove that, so don't worry too much about it (unless you have a legitimate reason to be worried). Simply having what YOU perceive as a lot of money, doesn't make the possible lack of taxes more or less serious. If he has things that have declined in value, he can sell them at a loss this year and buy identical assets immediately. This is called tax harvesting and creates a loss that can offset capital gains tax."}
{"_id": "324244", "title": "", "text": "It depends on the exact level of risk that you want, but if you want to keep your risk close to zero you're pretty much stuck with the banks (and those rates don't look to be going up any time soon). If you're willing to accept a little more risk, you can invest in some index tracking ETFs instead, with the main providers in Australia being Vanguard, Street State and Betashares.  A useful tool for for an overview of the Australian ETF market is offered by StockSpot. The index funds reduce your level of risk by investing in an index of the market, e.g. the S&P 200 tracked by STW.  If the market as a whole rises, then your investment will too, even though within that index individual companies will rise and fall. This limits your potential rate of return as well, and is still significantly more risky than leaving your cash in an Aussie bank (after all, the whole market can fall), but it might strike the right balance for you. If you're getting started, HSBC, Nabtrade, Commsec and Westpac were all offering a couple of months of free trades up to a certain value.  Once the free trades are done, you'll do better to move to another broker (you can migrate your shares to the others to take advantage of their free trades too) or to a cheaper broker like CMC Markets."}
{"_id": "324247", "title": "", "text": "Nazis weren't socialist but it's nice that you're parroting 4chan and Truth_Deniers talking points (it makes it easy who's opinions to ignore). Just because they had socialist in their name doesn't mean they were socialist.   Just like today's Chinese communist party isn't at all communist anymore."}
{"_id": "324250", "title": "", "text": "\"Maybe they were incapable of forming colonies in the first place?   Rhodesia was the \"\"bread basket of Africa\"\", until Mugabe took over, now they're literally printing trillion dollar bills. It was so bad under black rule that fellow blacks were fleeing to apartheid South Africa.\""}
{"_id": "324259", "title": "", "text": "\"&gt; It's very funny that you call an analysis of the current state of the industry speculation, and then go on to talk about something you think is going to happen...which, by the way, has had six years to happen and hasn't yet. Also, it's as if you don't think first mover advantage exists. Six years is a long time to build up a lead, especially in automotive, where product cycles and development times are so long.  I freely admit that my opinion is just opinion/speculation.  Anyone who talks about the stock market with certainty is someone not to listen to.     &gt; Honestly, look up the words \"\"vertical integration\"\" before continuing the conversation. And the word \"\"Panasonic\"\" as well.  I know all about them.     &gt; But wait, I thought you said they were wrong because \"\"ACTUAL BATTERY COMPANIES\"\" aren't involved? And that ACTUAL BATTERY COMPANIES know better than them? But I guess the ACTUAL BATTERY COMPANIES don't actually know anything, and they should listen to an idiot on the internet who has so far proven himself to be wrong about everything he's said?  Panasonic hasn't yet agreed to put up a penny.  They will build batteries they are confident TSLA can sell, that is all.    &gt; It seems Panasonic is not as optimistic about the plant as you are. &gt; Well, again, if you listened to the call, which is a pretty basic first step to talking about the quarterly results, which for some reason you insist on continuing to do despite being completely ignorant of them, then you might not be saying such stupid things.  Like what?  You are the one who insisted Panasonic was putting up a billion dollars, which is a lie.   &gt; Panasonic, you see, is a rather conservative Japanese company. This is even mentioned in your article when they talk about plasma displays. This is why they are always measured in their public statements, because that's what Japanese companies do. But, as specified in the call, Panasonic's actions as a partner to Tesla have always been excellent. And if you actually bothered to read your own article, you would see that they've committed to 2 billion cells and 200-300 million for the factory. You know, an ACTUAL BATTERY COMPANY.  So tell me when they put up a dollar.   &gt; And if you actually bothered to read any other article, you would see that that very same quote of yours was followed up with \"\"However, Tesla is a very important partner to us and discussions are continuing. We need to look very carefully at auto demand and respond appropriately so of course that means taking a step-by-step approach to investment.\"\"  Yes, that is the polite thing anyone would say.   &gt; Also, there have been rumors of talks with LG and Samsung should Panasonic not decide to partner. I'm not sure I believe the rumors, and also I think they're unnecessary, because Panasonic will be a full partner in the gigafactory. They know that Tesla has been a huge source of profit for them, and their automotive supply (i.e. Tesla) has been one of the best-performing parts of their company for some time now. Mark my words, Panasonic's investment will end up being approximately $1 billion, all told. You can come back in a few years and check, if you like.  We'll see.   &gt; You mean, like an ACTUAL BATTERY COMPANY? The ones putting up the money?  They haven't put up any money.  &gt; So, since your point was so reliant on ACTUAL BATTERY COMPANIES having expertise and specialization and so on, does that mean you're now dropping that point, because you realized your bullshit wouldn't fly, and moving on to another sort of bullshit until one of them sticks? Because if you'd like to fix your ignorance, I can help you with that. But if you wouldn't, as seems to be the case, it seems somewhat like a waste of time to continue trying to explain basic concepts to you.  They haven't put up a penny.  Here is what people who know about batteries are saying:  http://www.thestreet.com/story/12781526/1/williams-shorting-teslas-batteries.html\""}
{"_id": "324269", "title": "", "text": "While, from a money-saving standpoint, the obviously-right course of action is to make only the minimum payment on the 0% loan, there are potentially legal reasons to try to pay off a car loan early. With a mortgage, you are the legal owner of the property and any action by the lender beyond imposing fees (e.g. foreclosure) requires going through the proper legal channels. On the other hand, in most jurisdictions, you are not the legal owner of a car purchased on a loan, and a missed or even lost payment can result in repossession without the lender even having to go to court. So from a risk-aversion standpoint, there's something to be said for getting rid of car loans as soon as you can."}
{"_id": "324270", "title": "", "text": "I understand what you're saying and I don't disagree. It depends on the case I guess. I don't think it's so egregious in this case because CEOs in the plural usually refers to prominence rather than the majority, at least as the default definition people fall back on when one is not provided.  I just don't think people think of the average CEO of One Shop Mom &amp; Pop corp or companies that aren't multimillion or multimillion dollar enterprises. But then again why are my assumptions any better than anyone else's? Maybe my perception of what a CEO is by default isn't as common as I think and by whose criteria is it right?"}
{"_id": "324273", "title": "", "text": "Excel Pros: Cons:"}
{"_id": "324297", "title": "", "text": "Yes, assuming that your cash flow is constantly of size 5 and initial investment is 100, the following applies: IRR of 5% over 3 years: Value of CashFlows: 4.7619 + 4.5351 + 4.3192 = 13.6162 NPV: 100 - 13.6162 = 86.3838 Continuous compounding: 86.3838 * (1.05^3) = 100"}
{"_id": "324306", "title": "", "text": "The profit maximising level of employment: Now we consider how many people a business might decide to employ. The profit maximising level of employment occurs when a firm hires workers up to the point where the marginal cost of employing an extra worker equals the marginal revenue product of labour. I.e. MCL = MRPL.  This is shown in the labour demand diagram shown below.  http://tutor2u.net/economics/revision-notes/a2-micro-demand-for-labour.html  So the cost of each additional unit of labor is 8 (MCL = 8) as the wage is 16/hour and Q = 2*L in the short run. Find the right quantity produced by taking dP/dQ of your original inverse demand curve, which will give you the marginal revenue of each product. Set it equal to 8 and solve for q."}
{"_id": "324307", "title": "", "text": "I separate out the quarters and larger (I'm Canadian, so there are coins bigger than a quarter). Then I put the rest in charity boxes."}
{"_id": "324313", "title": "", "text": "I think the issue is that you're looking for it to be a standalone platform.   SoundCloud for a long time has been unique in what it offers compared to other music streaming platforms. It's not primarily meant for the end user, but more so as a platform for artists to host their music. It's been the place to listen to new up and coming rappers, tons of producers and even band demos. Who knows how many artists have gotten their start from SoundCloud. Not as an end all music streaming library like Spotify.  I guess it comes down to the user. But for people who love to dig for new stuff, nothing compares to SoundCloud."}
{"_id": "324320", "title": "", "text": "Agreed. I've always held Leaders and Managers as separate roles. I've seen a lot of Managers who can't Lead at all, but every Leader is able to Manage. From my experience (which is only about 10 years across financial industries), Managers have been senior team members with an HR function. Not really defining vision, motivating, and driving their talent. They just hire/fire, and write reviews."}
{"_id": "324331", "title": "", "text": "You mention that you would quit right after getting approved. But in the United States there would be one last check as a part of closing. Therefore it would be best to wait until after closing to quit your job. Waiting until after closing would also protect you from some hiccup that causes a delay in closing, thus requiring the need to reapply for the loan."}
{"_id": "324337", "title": "", "text": "Potentially they could setup a trust for themselves and their heirs, donate the land to the trust.  It might be able to go into the trust using the current 'on the books' value of the land (what the county/state are basing taxes on), then the trust can negotiate with the natural gas folks for the mineral rights An idea to bounce off your expert anyway."}
{"_id": "324338", "title": "", "text": "\"No, Trump did not say that because, simply, he's not under investigation. The Investigation is about \"\"Russia influencing the elections.\"\"  **Use common sense: if Trump won the nomination of the GOP only in July 2016, against 13 other career GOP politicians that were predicted to win against him, how can it be possible that Russia colluded with Trump to get him win by November?**  Did Russia made Hillary, DNC and all the other corrupt, evil Democrats do what they did, so American will hate them?  Simple logical question, and please give me simple logical explanation.  Stop listening to fake news from CNN, ABC, CBS, NBC, NYT and other MSM \"\"news\"\".\""}
{"_id": "324346", "title": "", "text": "\"If I may play devil's advocate (and that is all I am doing), it is certainly possibly for money to get \"\"lost\"\" in the complexity of the instruments these people deal with.  Crazy derivatives, swaps, packages, etc. are not well understood and I can easily see how Frat Boy Finance Johnny can mis-price some column in a report somewhere and lose track of money.  Also, even though there may be records of the money, you might need 10 lawyers, a few physicists, 20 accountants, and a whole department of finance people to be able to trace/understand the flow of capital.  I'm not saying this complexity and lack of transparency is a good thing, but I don't think it is totally crazy to suggest that honest people could lose track of the numbers.  Of course, it's probably a healthy mix of corruption and naivete...\""}
{"_id": "324350", "title": "", "text": "Did you know that you can dress your porch up for quite a number of purposes as well? Turn it into an outdoor kitchen, put in a grill and a couple of countertops, set up a picnic table in the yard or even just a small, intimate table setup within the porch itself, and you\u2019ve got yourself a pretty nice venue for barbecues and romantic al fresco dinner dates."}
{"_id": "324360", "title": "", "text": "I think people are becoming more stupid and lazy so when you combine that with the, perhaps unanticipated, mind propaganda tricks of tens of thousands of Twitter and Facebook accounts and ads you have a perfect storm.  Hence, as you said, we have a disaster on our hands as our so-called president."}
{"_id": "324367", "title": "", "text": "If you look at that study, those companies have in the hundreds or thousands of employees.  That's the exact point.  Hundreds of people working together can make a multi billion dollar business.  Hundreds of sole proprietors will never come close.  The power of the many is greater than the power of the individual."}
{"_id": "324377", "title": "", "text": "\"Buyouts are usually for more than the ORIGINAL value of a stock. That's because the price \"\"premium\"\" represents an incentive for holders to \"\"tender\"\" their shares to the would-be buyer. Sometimes in these situations, the stock price rises above the proposed buyout price, in anticipation of a higher takeover bid from a SECOND party (that may or may not materialize). To answer the other part of the question, does a bidder have a chance of taking over a dying company for less than the market price? That is a strategy sometimes referred to as a \"\"take under,\"\" and it has not been a notably successful strategy. That's because it goes against \"\"human nature\"\" (of the seller). \"\"Where there is life, there is hope.\"\" They would seldom accept a lower price for \"\"sure\"\" survival, when the market is telling them that they are worth a higher price. Very few people realize that the market may disappear tomorrow. Think of all the homeowners who won't cut their price, but insist on bids that meet recent \"\"comps.\"\" And if the company is really dying, the prospective buyer may be best served by waiting until it does, and then pick up the individual pieces at auction.\""}
{"_id": "324386", "title": "", "text": "\"Living in one unit of a multi-family while renting out the others, although not without its risks, can be a viable (if gradual) way to build wealth. It's been rebranded recently as \"\"house hacking\"\", but the underlying mechanics have been around for many years (many cities in the Northeast in particular remain chock full of neighborhoods of 3-family homes built and used for exactly that purpose for decades, though now frequently sub-divided into condos).  It's true you'd need to borrow money, but there are a number of reasons why it's certainly at least worth exploring (which is what you seem to be asking -- should you bother doing the homework -- tl;dr: yes): And yes, you would be relying on tenants to meet your monthly expenses, including a mortgage bill that will arrive whether the other units are vacant or not. But in most markets, rental prices are far less volatile than home prices (from the San Francisco Federal Reserve): The main result from this decomposition is that the behavior of the   price-rent ratio for housing mirrors that of the price-dividend ratio   for stocks. The majority of the movement of the price-rent ratio comes   from future returns, not rental growth rates. (Emphasis added) It's also important to remember that rental income must do more than just cover your mortgage -- there's lots of other expenses associated with a rental property, including insurance, taxes, maintenance, vacancy (an allowance for the periods when the property will be empty in between tenants), reserves for capital improvements, and more. As with any investment, it's all about whether the numbers work. (You mentioned not being interested in the \"\"upkeep work\"\", so that's another 8-10% off the top to pay for a property manager.) If you can find a property at an attractive price, secure financing on attractive terms, and can be reasonably confident that it will rent in the ballpark of 1.5-2% of the purchase price, then it might be a fine choice for you, assuming you are willing and able to handle the work of being a landlord -- something worth at least as much of your research time as the investment itself.  It sounds like you're still a ways away from having enough for even an FHA down payment, which gives you a great opportunity to find and talk with some local folks who already manage rental properties in your area (for example, you might look for a local chapter of the national Real Estate Investment Association), to get a sense of what's really involved.\""}
{"_id": "324391", "title": "", "text": "he said the government is subsidizing the koch brothers, that suggests a flow of money from government to them.  i assure you the flow is the opposite.  the people being subsidized by government are the ones receiving transfer payments like welfare, which i would BET he receives truth be told."}
{"_id": "324411", "title": "", "text": "I only have anecdotal evidence here as members of my family used to own a grocery store / gas station, but they were often time charged much more to have the gasoline delivered to than many gas stations which were just a mile or two away (up to 15% more).  Also depending upon the branding of the gas station, they are required to use certain distributors (i.e. if you are an Exxon gas station you can only use a few select vendors) which gave them less control of their final cost.  All in all the gasoline often had smaller margins than items in the grocery store, which are already extremely low."}
{"_id": "324417", "title": "", "text": "\"**Reposted so you don't have to look at silly GIFs for 50% of the article.**   Sophie is a physical penetration tester and information security consultant. She specializes in social engineering security assessments including physical, voice (vishing) and text (phishing). She consults in remediation and prevention of security incidents through creation of policy and procedures, as well as customized training for your individual office culture. Prior to working in infosec, Sophie was a journalist, photographer, and a mom.  Hello! My name is Sophie and I break into buildings. I get paid to think like a criminal.  Organizations hire me to evaluate their security, which I do by seeing if I can bypass it. During tests I get to do some lockpicking, climb over walls or hop barbed wire fences. I get to go dumpster diving and play with all sorts of cool gadgets that Q would be proud of.  But usually, I use what is called social engineering to convince the employees to let me in. Sometimes I use email or phone calls to pretend to be someone I am not. Most often I get to approach people in-person and give them the confidence to let me in.  My frequently asked questions include: What break-in are you most proud of?  What have you done for a test that you were the most ashamed of?  What follows is the answer to both of these questions.  A few months ago, a client had hired me to test two of their facilities. A manufacturing plant, plus data center and office building nearby.  First step: open source intelligence, or OSINT. I look at maps, satellite images, study what I can of their delivery and supply schedules, and so on.  The manufacturing facility looked like a prison. No windows, heavy iron gates, no landscaping. Generally a monstrosity of architecture.  This facility had armed guards, badge readers, biometric security controls and turnstiles at every entrance.  I remember thinking, \"\"It's got to be hell to work in there. I wonder if I can use that\u2026\"\"   One thing was for sure\u2026 The chances of tailgating (following behind an employee with valid credentials) into this building were next to non-existent.  I was going to have to get down and dirty with my social engineering.  First stop: LinkedIn. Your LinkedIn is my best friend. The more information you have on your LinkedIn, the more options I have.  I have several fake LinkedIn profiles that you are probably connected to.   I scour profiles of employees who work at these facilities, and cross-reference them to other social media sites. And I find a lovely young woman who I'm going to call Mary.  Mary was a brand-new hire working as an assistant at the manufacturing facility. Mary had a public Facebook account too.  On Mary's public Facebook account, she documented all of her family's adventures.  Side note: Now I know where Mary went to high school, her mother's maiden name, the names of her pets, etc.  Answers to those \"\"security questions\"\" you use to reset your passwords are very easy to find if you aren't careful with that information.   Not to mention that now I know where Mary works, where her kids go to school, where they vacation\u2026I could go on. Scary stuff.  This is not an advanced investigation. I'm not a private investigator and I don't have the resources of the NSA. But I can do a lot of damage with simple methods.  Most notably to me, there were photos Mary posted of her time volunteering with a certain maternity support center.  Her passion for children and caring new moms was very plain. So of course, I took advantage of it.   For this assessment I played two roles. For the first, I spoofed my phone number to make it look like it was coming from the company's headquarters.  I called the front desk of the manufacturing facility and was transferred to Mary. \"\"Hi Mary!\"\" I said, \"\"My name is Barbara.\"\"  \"\"I am a project coordinator with facilities management. We are renovating a few of our facilities. We are sending an interior designer out to you tomorrow so she can put together proposals to update your space!\"\"   Mary replied, \"\"Well that's great! But why the short notice?\"\" I could feel her getting suspicious, so I pulled out my trump card\u2026  *Sigh* \"\"Well Mary\u2026 You really should have heard from me sooner. I've just been so overloaded at work\u2026I feel like I can't catch up, and to top it off the baby is due in 6 weeks. If my boss finds out I messed this up he's going to flip.\"\"  I was really getting into this, voice shaking. (Yes, I know, I'm a terrible human being.)  She cut me off, \"\"Oh hunny, hunny it's ok. We will work this out! Tell me about the baby! Is it your first? Boy or girl?!\"\"  Our Mary was committed at this point. Not because she is stupid, but because she is a good person. She wanted to help me.  We talked babies and birth plans for a while (never pick a pretext you can't speak about at length.)  Mary took down the name of the \"\"designer\"\" who was coming by the next day and we said our goodbyes. Mary could have saved her company a lot of heartache by simply verifying that I was who I claimed to be. (Just to be clear here, I would never give out Mary's real identity. I'm not totally heartless. This could have happened to anyone. She has not been fired.)  I showed up the next day as \"\"Claire\"\" with a fictional architecture firm that I had made business cards and a website for. My alter-ego Barb had done most of the leg work for me. When I arrived, Mary and her boss were waiting for me with smiles. I shook hands all around and handed them the business card I printed out the night before. I was given a visitor badge and the red carpet was rolled out.  I gained rapport with the staff there by asking them to tell me what they wanted in an office space. They were so excited. I might have claimed to be on the team that put together the Google offices\u2026(Yes, I am HORRIBLE. This is my inner demon child.)  \"\"You want a standing desk? New chairs over here?! Ergonomic keyboards for everyone! Let's look at swatches!\"\"  We became best buds. I was given complete and unaccompanied access to the facility where I stayed for several hours.  I gained network access and stole several thousands of dollars in physical primitives by picking my way through cheap locks (credit to Deviant Ollam for the rad lockpicking animations.)   This client had been pretty confident that I wouldn't get into either facility, much less be able to hit both in a short time span. So the timeline was left to my discretion, but it was assumed that I would need to fly to the area twice.  I didn't see the need in burdening them with two round-trip expenses.   I went back to Mary's office and said, \"\"Well I think I have what I need from here. How do I get to the office center?\"\"  She looked at her watch and said, \"\"It's almost lunch time. I'll take you there!\"\" A whole group of us piled into the parking lot, and they took me to a nearby taco shop. That's right. My Marks took me to get tacos\u2026 I love my job.  After lunch they drove me to the offices and a few of them came in with me to show me around.  I took FOREVER looking around this office space, and eventually they said their goodbyes because they had to go back to work. They had a strict policy of escorting visitors. But I had been seen walking around with trusted insiders so no one questioned me.  I was free to take my time. I made myself at home. My main objective at this site was to weasel my way into private corner offices.  When I accomplished my goals, I tracked down my point of contact's office. This is the man who hired me in the first place. This is the best part of every job.   Steve was there, hard at work when I disturbed his groove by knocking on the door. He glanced up, \"\"Hi there, can I help you?\"\"  I smiled. \"\"Hi Steve! I'm Sophie from Sincerely Security. It's nice to meet you in-person!\"\"  I will never forget the look on his face\u2026 Pure gold. \"\"Who?.... Wait, what? How? How did you get in here?!\"\"   We stayed in his office and talked for a long time. I went over exactly the steps that could have prevented my success. First of all, the desire to help others is human and natural. We don't want to discourage that.  Second, I'm sure they did have some sort of policy that required visitors to check in showing government issued identification, but they weren't following it.  We also need to post by every computer, phone and door: \"\"TRUST, BUT VERIFY.\"\"  An employee who does their homework can ruin my day.  Third, if it seems too good to be true, it probably is.   Is your company going to hire the team who designed Google's offices? Magic 8 ball says no.  Lastly, the team who took me to the second location should have found someone else to escort me through the building.  I've been doing this job for a couple years now, and almost every job is a variant of this story. Very rarely do I go through an entire assessment without some sort of social engineering.  There are ways to protect yourself and your company from attacks like this. I think it starts by sharing stories like these, and educating and empowering each other to be vigilant.\""}
{"_id": "324432", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://economics.stackexchange.com/questions/17298/can-the-stock-market-show-indefinite-exponential-growth) reduced by 91%. (I'm a bot) ***** &gt; The economist&amp;#039;s answer to this is &amp;quot;Yes, of course economic growth can continue indefinitely.&amp;quot; And so to answer also your narrower question, &amp;quot;Yes, of course the stock market can show indefinite exponential growth.\"\"  &gt; Fallacy #1. &amp;quot;Economic growth is about making ever more&amp;quot;Stuff&amp;quot;, digging ever more gold and other natural resources out of the ground, burning ever more energy, etc.  &gt; Energy growth has far outstripped population growth, so that per-capita energy use has surged dramatically over time-our energy lives today are far richer than those of our great-great-grandparents a century ago.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6k6nrv/is_indefinite_economic_growth_possible/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155081 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **growth**^#1 **energy**^#2 **ever**^#3 **economic**^#4 **well-being**^#5\""}
{"_id": "324445", "title": "", "text": "\"Having worked in insurance, I can give you a few pointers. Firstly, state that you \"\"may have to complain\"\". Insurers hate complaints because they really complicate matters, are loads of work and must be tracked. I would advise not actually escalating it to a complaint until later as this may cause a delay as the actual process is quite convoluted. Mentioning the possibility of complaint sometimes makes people a bit more active. Try and resolve the issue, and if you aren't getting anywhere then make a complaint. Maintain a friendly, assertive, polite demeanor. If you get angry and aggressive you'll not likely get far. Remember that the people on the end of the phone are both human and more knowledgeable about insurance than you. You want them on your side, not against you. Make copious notes. If you can, record calls. If you are recording calls you will likely legally need to give them the option of not being recorded, so make sure you mention that you're recording each individual call as soon as you start speaking to the handler.  Refer to your notes and make sure you carry out actions you say you will. If you spend a few days sending something you said you'd email over that day, and you then chase them a few days after that they may not have had the document through their workflow yet. It also engenders urgency if you're acting promptly, and suggests that you don't really care if you're taking your time.  Get Names. This is an important step, as this gives the handler someone to talk to who may be familiar with your case. You may end up speaking to the same people more than once, so try and build a rapport if you do. \"\"I like this guy\"\" may lead to a bit more effort being put in, and a potentially better outcome. In my experience, GoSkippy can be a bit slow to respond to things, so you'll likely have to chase them up. If you chase them up and say \"\"I called on X date, discussing Y with Z and Z said they would do A, B and C. Has this been done yet?\"\" it looks better than saying \"\"I called about a week ago and spoke to one of your colleagues who said he'd do something for me. He's not done it, what's going on?\"\", As to a plan of action, I would split this into two points: Mis-sold policy and definition of commuting. Mis-sold policy - If they truly gave your wife two options, then they messed up. The standard 3 offered by goskippy are Social Domestic and Pleasure (SDP), SDP+Commuting, and SDP+C and Business use. Other companies sometimes roll commuting into SDP as standard. On the comparison sites however, there are usually the three separate options, and if you used one to set the policy up and clicked \"\"SDP Only\"\" then you may be in trouble.  Social domestic and pleasure only DOES NOT include commuting. Whilst it is your responsibility to thoroughly check any documentation that comes through, it could be argued that if given two options between Business Use and SDP, then a reasonable person could be considered to assume that Goskippies definition of SDP did include commuting. Therefore, they need to prove to you that there were three options offered and that your wife specifically excluded commuting. IF they can't, then you should be able to argue that only two were offered and that commuting could have reasonably been assumed to be included. Use that term \"\"reasonable person\"\" btw, it's used in a lot of internal literature - at least at the insurer, I worked at. not commuting - Firstly, clarify their definition of \"\"commuting\"\". If your wife was on her way to work afterwards, then they may well consider she was commuting. For instance, at present, I drive from my house to my son's childminders, then to my wife's work and finally to mine. My commute could be argued to be 1 minute (my workplace is probably a minutes drive from my wife's, but I can't park in her car-park), but if I were to have an accident between my house and my son's childminder (~15 mins drive) the insurers would probably consider that commuting.  If she was not on her way to work afterwards, and assuming your wife arranged her visit via text (or whatsapp, fb messenger or similar) you should easily be able to show that your wife had driven from a friends house to the childminder. If she was on a holiday day or was not working on that day, then that's also something you should be able to prove either with proof of her working pattern or proof of her holiday. If she doesn't have a job at all, then again, that's something that's provable. Proof reigns king in claims, so if you can prove certain key facts then you should be on to a winner.\""}
{"_id": "324470", "title": "", "text": "Broadly, there's a bunch of stuff you need to be accounting for that's not reflected in the above, which will impact the A/D profile of an acquisition:  * Consideration paid (all cash on substantially the same terms is going to be more accretive than an all-stock transaction...because in the latter, your denominator is much bigger)  * Shares outstanding (including repurchases, in-kind dividends and option exercise)  * Financing / interest expense  * Upside / base / downside case for all of your assumptions - best to have a toggle based on a CHOOSE function that will allow the user to easily toggle between these  I'm not sure what EBITDA is getting you. EPS accretion/dilution typically looks at earnings, but you could also look at Cash EPS A/D which measures OCF/shares outstanding.  The point is, this really depends on how back of the envelope you want the A/D computation to be. At a minimum, you need an earnings schedule projected over the next 2-3 years, and you need a schedule reflecting outstanding shares over the same time period.  Your earnings buildout can have varying degrees of granularity. You can project cost synergies over the forecast period, which most obviously is going to affect your earnings, but you can also drill down further. Financing, transaction fees, etc. Your writeups and writedowns from your B/S combination may result in certain deferred tax items that will affect your bottom line over the forecast period.  Your share schedule can also have varying degrees of complexity. One way to do it is to just presume that the company will not issue any more shares, and will not repurchase any shares, and that there will be no options exercised, over the forecast period. This is a bad series of assumptions. It is likely that as options vest, if in the money, they will be exercised, resulting in dilution for existing shareholders. It is also likely that certain preferred shareholders and optionholders are going to experience adjustments to the conversion prices based on antidilution provisions in their securities. These may be but are not always disclosed in the 10K.  Last point - models are tools. What are you trying to build an accretion/dilution model for? This will affect and determine the degree of granularity you'll want to go into."}
{"_id": "324491", "title": "", "text": "\"&gt; StockTwits Chairman Howard Lindzon, who is long Apple stock, dismissed the IDC report, arguing that what matters is that the company's \"\"products are great, the stores are great, and new products are coming.\"\"  What the what. Samsung has now 25% of the market, Huawei may very well reach 10% in mid 2015, if not sooner, yet their shares are up 20% since the beginning of the year.  I'm fond of Apple products, but I just can't see them resisting against State-backed Samsung for one or two more years. And the $9bn market for the iWatch is pure speculation.\""}
{"_id": "324513", "title": "", "text": "You can deduct this if the main purpose of the trip is to attend the seminar.  Travel expenses relating to the attendance at conferences, seminars and other work-related events are deductible to the extent that they relate to your income-producing activities. You will need to apportion your travel expenses where you undertake both work-related and private activities. Travel costs to and from the location of the work-related event will only be deductible where the primary purpose of the travel was to attend the event. Accommodation, food and other incidental costs must be apportioned between work-related and private activities taking into account the types of activities that you did on the day you incurred the cost. You might like to consider in advance what you would tell them if they questioned this - for instance you might say (if they are true):"}
{"_id": "324531", "title": "", "text": "Best for team building escape rooms WPB for your office colleagues and best friends for making an unforgettable memory with them by a top event planner in the West Palm Beach, Florida by the corporateteambuildingescaperooms for the corporate events. There are various things to do over here with your team and  team building escape rooms WPB, You can choose best escape room, apart from this it is game where your team can build up trust and bond between with each other and let know them they can do good work better with each other your colleagues."}
{"_id": "324534", "title": "", "text": "Once an animal is given antibiotics, for any reason, it will no longer qualify as organic under the USDA guidelines. So organic farmers may use antibiotics on an animal, but then they can't sell that meat to Chipotle, or label it as organic."}
{"_id": "324535", "title": "", "text": "\"&gt;    realism dictates that all creatures ARE naturally \"\"independent\"\"  Correct. not all \"\"creatures\"\". I edited that to all \"\"humans\"\".  And in the case of humans (and similar creatures) yes, Nature does make us \"\"independent\"\".    Human beings ARE in fact independent in that they are entirely capable of leaving family/tribe, etc and moving a great distance and surviving on their own. (Say unlike Bees, which are -- by nature -- \"\"hive\"\" creatures; single bees cannot survive without the hive.)  We are talking NATURE here.  ---  Note: I expanded my previous post with some additional comments and edits (I wasn't aware you were online and would respond so quickly), please to review the changes... I think you will find the link to a recent post I made enlightening (or at least thought-provoking).\""}
{"_id": "324546", "title": "", "text": "At any instant, three currencies will have exchange rates so if I know the rate between A and B, and B to C, the A to C rate is easily calculated. You need X pounds, so at that moment, you are subject to the exchange rate right then. It's not a deal or bargain, although it may look better in hindsight if the currencies move after some time has passed. But if a currency is going to depreciate, and you have the foresight to know such things, you'd already be wealthy and not visiting here."}
{"_id": "324548", "title": "", "text": "Merchants that accept American Express should have decided that the extra costs are worth the increased business (many business travelers only have an Amex Corporate Card).  To complain about people actually using it after they've explicitly decided to accept it is a sign that they made the wrong decision, or that they are very short-sighted.  No one is forcing them to take a particular card."}
{"_id": "324557", "title": "", "text": "Search the website. There is generally a way to reverse the charge. I have seen these options exist on both Flexible spending accounts and Health Savings accounts. If the expense was for last year, and you had other expenses that you did not submit because you reached the limit, you will probably be OK. Send them both information on the wrong submission on the new submission. If you  left money on the table last year, they will want a check from you.   If the expense was for this year, you will not have a problem reversing the charge, because much of the year is left.  Of course due to the new rules regarding roll-over of lat years money into this year it could be more complex. You want to resolve it as soon a possible to minimize the complexity as deadlines for submission approach. If you don't report the mistake the extra income from the incorrect submission is considered taxable."}
{"_id": "324564", "title": "", "text": "I have held an in the money long position on an option into expiration, on etrade, and nothing happened.   (Scalping expiring options - high risk) The option expired a penny or two ITM, and was not worth exercising, nor did I have the purchasing power to exercise it. (AAPL) From etrade's website: Here are a few things to keep in mind about exercises and assignments: Equity options $0.01 or more in the money will be automatically   exercised for you unless you instruct us not to exercise them. For   example, a September $25 call will be automatically exercised if the   underlying security's closing price is $25.01 or higher at expiration.   If the closing price is below $25.01, you would need to call an   E*TRADE Securities broker at 1-800-ETRADE-1 with specific instructions   for exercising the option. You would also need to call an E*TRADE   Securities broker if the closing price is higher than $25.01 at   expiration and you do not wish to exercise the call option. Index   options $0.01 or more in the money will be automatically exercised for   you unless you instruct us not to exercise them. Options that are out   of the money will expire worthless. You may request to exercise   American style options anytime prior to expiration. A request not to   exercise options may be made only on the last trading day prior to   expiration. If you'd like to exercise options or submit   do-not-exercise instructions, call an E*TRADE Securities broker at   1-800-ETRADE-1. You won't be charged our normal fee for   broker-assisted trades, but the regular options commission will apply.   Requests are processed on a best-efforts basis.  When equity options are exercised or assigned, you'll receive a Smart   Alert message letting you know. You can also check View Orders to see   which stock you bought or sold, the number of shares, and the strike   price.  Notes: If you do not have sufficient purchasing power in your account   to accept the assignment or exercise, your expiring options positions   may be closed, without notification, on the last trading day for the   specific options series. Additionally, if your expiring position is   not closed and you do not have sufficient purchasing power, E*TRADE   Securities may submit do-not-exercise instructions without   notification. Find out more about options expiration dates."}
{"_id": "324567", "title": "", "text": "So I agree with some of your points, but title 2 puts us in a decent place until the ruling body starts to understand technology and starts passing laws to stop oligopoly tendencies we have in the market now.   Edit: deleted my other comment. Not sure why it doubled my comment."}
{"_id": "324585", "title": "", "text": "\"I should think the primary reason is due why those countries have a higher standard of salary - its not what you get, but what it buys you. In a high-salary, low-exchange-rate country like Sweden, you get a lot of services that your taxes buy you. Healthcare and quality of life in a stable country is something you want when you get old (note that your viewpoint might be very different when you're a kid). Moving to a country that has less impact on your finances is often because that country has significantly fewer services to offer. So a Swedish citizen might think about moving to a 3rd world country and find that their retirement income isn't sufficient to pay for the kind of lifestyle they actually want, such countries tend to be pleasant to live in only if you are exceptionally wealthy.  Now this kind of thing does happen, but only \"\"within reason\"\", there are a number of old people who retire to the coast (in the UK at least) and many people who used to work in London who retire to the south west. For them, the idea of moving doesn't seem so bad as they are moving to areas where many other people in their situation have also moved. See Florida for an example for US citizens too.\""}
{"_id": "324587", "title": "", "text": "if more people wanted to short mortgages, the price of insurance on them would have gone up, and investors would have stopped wanting to buy them, which would cause interest rates on homes to go up, reducing the number of people who can buy homes out of their price range- which was a fundamental cause of the crisis"}
{"_id": "324601", "title": "", "text": "They actually mentioned tons of problems and one of them being reliability which is a big issue. I like something I pay big money to work and not be an issue.   It also has one of the ugliest back sides ever on a SUV"}
{"_id": "324609", "title": "", "text": "I didn't mean that money would just be given away. There are so many projects cities need that aren't done because of a lack of funding like public transportation or street maintenance. At least that's been the case in the cities I've lived in, I'm not sure if it's the same for yours.  Alternatively they can set up incentives to make it easier to start businesses too."}
{"_id": "324623", "title": "", "text": "I don't understand why this article keeps speaking in absolute dollar terms. GE is a massive company, so of course all the numbers look big.  The 67% funded status is the key point. That number isn't great, but it isn't terrible. I bet most multi-industrial companies are in that ballpark."}
{"_id": "324626", "title": "", "text": "All faux brick panels are crafted out of high-density polyurethane, which is treated to provide colors and textures to it as desired. Although the nature of application and size for the application of faux brick panel might vary, they are easy to install and lightweight. They have interlocking designs in them, allowing for easy installation."}
{"_id": "324634", "title": "", "text": "It's not legal unless you have written permission to do so and have cleared it with the broker. You'll probably get away with it until one time when communicating with your broker, you'll mention you're not the account owner, in which case the account is frozen and closed immediately (money laundering regulations)."}
{"_id": "324656", "title": "", "text": "\"Grad school applications typically have deadlines around December or January, so you're thinking about this at the right time.   First, obviously, you should get an idea of where you want to go, and what kind of program. There's plenty of ranking lists online that can help give you an idea. Grad school applications take a non-trivial amount of effort, so most people apply to only 5-10.  Next, you'll want to contact potential references. The grad school websites should inform you what type of reference they want, but in my experience these were mostly academic and usually 2-3 per application, finance programs may want more professional references as well. Try to choose the right references for the application, e.g. I applied to financial engineering programs, and would usually have one economics professor and then either a math professor or a statistics professor depending on the focus of the program.  Now, check to see if your programs require a GRE/GMAT score (they probably will), and start studying ASAP. There's tons of study materials available both in book form and online, and if you can put the time in you can probably get a decent score with just a few weeks (4-6) of studying. As far as I know, just about every program that accepts a GMAT score will also accept a GRE score, but not necessarily the other way around, so you may be better off studying for the GRE (verify this!).  And with all those components complete, you'll basically be done! Some applications will ask for various forms of cover letter, or have other essay questions, so set aside some time to write these as well.   Also, if you're looking at Finance Master's programs, I notice that they tend to come in a few varieties. Some set you up for PhDs and are naturally more academic focused, where as \"\"terminal\"\" Master's that resemble an MBA will focus on trying to get you a job. Reflect a bit on what you want to accomplish with your degree and figure out the program that's best for that. If you get in to a top school then it won't matter much regardless, but otherwise it is very likely that schools which produce good PhD candidates and research are not necessarily the same schools which place people on Wall Street.  Hope that helps :)\""}
{"_id": "324661", "title": "", "text": "\"Making these difficult portfolio decisions for you is the point of Target-Date Retirement Funds.  You pick a date at which you're going to start needing to withdraw the money, and the company managing the fund slowly turns down the aggressiveness of the fund as the target date approaches.  Typically you would pick the target date to be around, say, your 65th birthday.  Many mutual fund companies offer a variety of funds to suit your needs. Your desire to never \"\"have to recover\"\" indicates that you have not yet done quite enough reading on the subject of investing.  (Or possibly that your sources have been misleading you.)  A basic understanding of investing includes the knowledge that markets go up and down, and that no portfolio will always go up.  Some \"\"recovery\"\" will always be necessary; having a less aggressive portfolio will never shield you completely from losing money, it just makes loss less likely. The important thing is to only invest money that you can afford to lose in the short-term (with the understanding that you'll make it back in the long term).  Money that you'll need in the short-term should be kept in the absolute safest investment vehicles, such as a savings account, a money market account, short-term certificates of deposit, or short-term US government bonds.\""}
{"_id": "324665", "title": "", "text": "Trends in the upstream and the downstream areas of monoclonal antibody production are encouraging, and should provide help in holding down the costs of these very expensive biological molecules. As indicated in this report, the large expansion in the use of disposables in upstream and downstream unit operations of the production chain is underway."}
{"_id": "324680", "title": "", "text": "Why can't you have both? If you do have both credit and an emergency fund, and an emergency occurs, you can draw from the line of credit first. Having debt + cash is a much more stable situation than having neither, because then you have the option to use the cash to pay off the debt, or use the cash to pay other expenses. If you just have cash, when you spend it it's gone and there's no guarantee anyone is going to lend you any money at that point."}
{"_id": "324686", "title": "", "text": "As far as I understand, equifax collects data about individuals and scores their credit worthiness. The ceo did Jack shit about keeping all that private data safe, so they got hacked and all that data is now in someone else's hands. The possible implications? Large scale identify fraud of anyone whose details got stolen, since it encompasses everything  that is needed for that. And that is besides the privacy violation."}
{"_id": "324688", "title": "", "text": "You should find the test centers and pathology labs for HIV test in Canada. Easy Meds Health is the perfect place for you, where you can buy online affordable medicines. That you need to know about getting an HIV test in one place. Why, when, where, what's involved, and what happens after? Whether you have HIV is to get tested. The Easy Meds Health recommends that everyone between the ages of 13 and 64 get tested for HIV at least once as part of routine health care. Knowing your HIV test status gives you powerful information to help you take steps to keep you and your partner healthy. You can also visit our website for more information."}
{"_id": "324690", "title": "", "text": "\"&gt; It produces billions of deficit every single year and is responsible for unimaginable sums of money going down the drain somewhere in the administration  [At 17.1 percent of GDP, the U.S. devotes at least 50 percent more of its economy to health care than do other countries. Even public spending on health care, on a per capita basis, is higher in the U.S. than in most other countries with universal public coverage.](http://www.commonwealthfund.org/publications/issue-briefs/2015/oct/us-health-care-from-a-global-perspective)  Even with the \"\"unimaginable sums of money\"\" going down the drain as you claim - other countries with UH still manage to spend less of their national wealth on taking care of their citizens. Furthermore - any of those countries absolutely *smoke* the US in positive health outcomes with the US coming in [dead last](https://www.forbes.com/sites/danmunro/2014/06/16/u-s-healthcare-ranked-dead-last-compared-to-10-other-countries/#4cdb43f4576f) in terms of both quality and cost.   &gt;pointing a gun at someone and forcing them to pay for your stuff   Welcome to society. I don't agree with my taxes paying for police to defend your home (not my stuff, right?) but I do it because collectively we're both better off.\""}
{"_id": "324697", "title": "", "text": "One of the key things to look for is trading volume.  I think the price spread will be better on high volume ETFs, which means you'll be able to sell for more when the time comes.  Check Google or Yahoo finance for those stats."}
{"_id": "324717", "title": "", "text": "As I replied to someone else who said that:  I'm often having to send stuff with the check. Paperwork, a bill etc. While that would work to a person who knows me, it's usually not going to work with a business or government who needs to know why I'm sending this check."}
{"_id": "324740", "title": "", "text": "Yeah I have to agree. From watching a few hours of his content it's apparent that he's a reasonable individual that has a passion for research and medical science. Although he's not all perfect, and he definitely intentionally polarizes individuals with inflammatory, troll-like behavior."}
{"_id": "324746", "title": "", "text": "My dad is the head of his department at a major hospital and I've listened to him bitch about hours for the last 15 years+.  The reality is that with meetings, administrative work, teaching/research responsibilities (when he was at a hospital at a university), etc., all of his work combined often adds up to 80ish a week. His actual shift work is significantly less than that.  As far as IB goes, I only know what I've seen. I don't live in NYC and I am not in IB, but I know people who are and the stories have been overwhelmingly in favor of the 80-100 hour weeks. My friend lives in Houston (Houston! Not even NYC!) and he comes home at like 2 am most nights (studying for mcat + stressful job). He often beats his roommate, an analyst at a 2nd tier bank, home."}
{"_id": "324765", "title": "", "text": "\"That's all you feel comfortable addressing? You didn't see that that question was part of a whole question about \"\"what exactly do you want?\"\".  You just answering what is **is**, is completely useless, irrelevant, and missing the point. So you add nothing to this conversation.\""}
{"_id": "324771", "title": "", "text": "Do you agree that few incorrect words or actions from Trump, and the whole economy can get sour?  Do you agree that few correct words and actions from Trump, in his 6 month of presidency, and the business and people build confidence and hire more?  Why do you think the stock market reach new height so much under Trump?"}
{"_id": "324779", "title": "", "text": "In fact markets are not efficient and participants are not rational. That is why we have booms and busts in markets. Emotions and psychology play a role when investors and/or traders make decisions, sometimes causing them to behave in unpredictable or irrational ways. That is why stocks can be undervalued or overvalued compared to their true value.  Also, different market participants may put a different true value on a stock (depending on their methods of analysis and the information they use to base their analysis on). This is why there are always many opportunities to profit (or lose your money) in liquid markets. Doing your research, homework, or analysis can be related to fundamental analysis, technical analysis, or a combination of the two. For example, you could use fundamental analysis to determine what to buy and then use technical analysis to determine when to buy. To me, doing your homework means to get yourself educated, to have a plan, to do your analysis (both FA and TA), to invest or trade according to your plan and to have a risk management strategy in place. Most people are too lazy to do their homework so will pay someone else to do it for them or they will just speculate (on the latest hot tip) and lose most of their money."}
{"_id": "324786", "title": "", "text": "For an extra $99.99/month, upgrade your speed! 50mph potential now available as an upgrade from standard 30mph capabilities!! Or, for real speed demons, access blinding 70mph premium service for just $199.99/month*  *3-year contract, a $5,000 early termination provision applies"}
{"_id": "324792", "title": "", "text": "\"Meanwhile, lets look at the people of India.  While this is broadly speaking, you can divide the population along the spectrum of wealth/income into two groups: those who have a middle class lifestyle (or better), and those who do not.  Among those who have \"\"made it\"\", a strange trend emerges - a Western-like 2.3 children-per-couple rate emerges. Those impoverished millions maintain their disturbingly rapid rate of reproduction.  This minimum income solution does not include the nasty problems where girls are hidden away until they turn 18, just to emerge without any education, still endangering their parents. China has a nasty problem of post-birth abortions for girls as well. And now, their entire country is on the verge of social collapse as reproductive rates have fallen from the sexual imbalance, much less from the inevitable population decline.  But unless we Create a global government, it becomes up to each country to implement a minimum income on their own terms. Or it could be enforced via trade negotiations.\""}
{"_id": "324810", "title": "", "text": "\"Because how you look at a billion or millions is important compared to how he looks at it.  The bottom line is incentive to continue. If he looks at how things used to be and how they are now and decides it's not worth it. It is his perogitive to close or sell the company.   Hopefully he sells to a Chinese company who will low ball profits down to 100 million net profit and cuts employee benefits!! Wouldn't that be a great success story of government \"\"incentivized\"\" capitalism?!  Yahooo America!\""}
{"_id": "324812", "title": "", "text": "A white paper is an educational paper that's about 5 to 10 pages long.  They are great tools for a decision maker to use.  Clear and concise.  May have some graphics as well.  Non- hype wording as well.  In consulting, we used them as leave behinds and they are invaluable."}
{"_id": "324817", "title": "", "text": "When investigating transferring funds from the UK to Australia, I found the exchange rate offered by by banks for swift / Telegraphic transfers to be far below companies which specialise in international transfers.  Not applicable to you unfortunately, but I used http://www.ozforex.com.au/ and got a conversion rate which ended up netting me $100's of dollars compared with my banks, thanks to a better rate and no fee."}
{"_id": "324833", "title": "", "text": "I had exactly the same need and I ended up using BillGuard and I like it.  At the end of the day, it sends an alert where I need to review all the transactions - takes hardly 5seconds and I am on top of all transactions.  From the last 1yr I have found 1 fraudulent and 2 duplicate charge using billguard. Didn't really save a ton of money but its useful to understand how you use your credit card. Don't work for or promoting the app, its just useful."}
{"_id": "324837", "title": "", "text": "So what you're saying is that they will increase taxes and use your tax money to fund Hollywood? I can't seen that happening in the US where not even health care is funded with tax payer money.  Or how else are they gonna legislate to forcefully take your money??"}
{"_id": "324854", "title": "", "text": "\"I'm no expert on this, but I would say that, if you own the business entirely yourself, there is nothing terribly wrong with using it for your own purposes as you would any other asset that you own.  What is wrong is not keeping accurate records that distinguish between your money and the business's.  As you say, this is wrong strategically, but it can also be dangerous legally, because if you mix your money and the business's money and don't keep track, you could find, for instance, that you've failed to pay the taxes you were supposed to. There is also a concern that might not fall under what people refer to as \"\"ethics\"\" but more \"\"good corporate citizenship\"\".  Basically, people tend not to like companies that just shovel all their gains into the owners' pockets.  This is especially true if there are ways the money could be used to improve the business.  In other words, if you're able to live high on the hog with the profits while paying all your employees a pittance, the public may not look favorably on your business.\""}
{"_id": "324860", "title": "", "text": "The Intelligent Investor When Genius Failed The Ascent of Money Against the Gods: The Remarkable Story of Risk The Big Short Mr. Market Miscalculates  +finance blogs (zerohedge.com [every once in a while; very depressing!!], the big picture, abnormal returns, epicurean dealmaker etc)"}
{"_id": "324867", "title": "", "text": "The market cap always reflect the company's equity.  Except that you cannot fix a stock price in a free market.  A company with such profit pattern would have stock price behave like present value of a perpetuity (future income stream discounted by risk free rate) Since your assumption is unachievable, there is no point in determining the logic."}
{"_id": "324874", "title": "", "text": "Pre-qualification is only a step above what you can do with a rate/payment calculator.  They don't check your credit history and credit score; they don't ask for verification of your income; or verify that you have reported your debts correctly. They also don't guarantee the interest rate. But if you answer truthfully, and completely, and nothing else changes you have an idea of how much you can afford factoring in the down payment, and estimates of other fees, taxes and insurance. You can get pre-quaified by multiple lenders; then base your decision on rates and fees.  You want to get pre-approved. They do everything to approve you. You can even lock in a rate. You want to finalize on one lender at that point because you will incur some fees getting to that point. Then knowing the maximum amount you can borrow including all the payments, taxes, insurance and fees; you can make an offer on a house. Once the contract is accepted you have a few days to get the appraisal and the final approval documents from the lender. They will only loan you the minimum of what you are pre-approved for and the appraisal minus down-payment. Also don't go with the lender recommended by the real estate agent or builder; they are probably getting a kick-back based on the amount of business they funnel to that company."}
{"_id": "324878", "title": "", "text": "&gt;However, you would have to pay income taxes on that wage and could end up with less money overall to spend on healthcare.   That's not truth tho. You can open IRA and 401k and now you have more money to put into them that won't get tax and it help you save for the retirement."}
{"_id": "324879", "title": "", "text": "\"A good reference to what encompasses \"\"securities\"\" are detailed in the Securities Act of 1933, which was enacted by the United States federal government. One main exception, which I would still consider securities for your purposes, would be \"\"commercial paper\"\". These are exempt from the securities act because they mature in 270 days of less, but they function much like bonds or promissory notes Therefore though, it would not encompass currencies and commodities. It really comes down to the structure of the agreement for transferring or holding the particular kind of underlying asset.\""}
{"_id": "324884", "title": "", "text": "\"I didn't bother looking for actual errors. Couldn't get through the distorted text. That guy could write a story about the \"\"bestest thing in the world\"\" and make it seem like the incarnation of evil.   It's just way too slanted to be taken at face value.\""}
{"_id": "324893", "title": "", "text": "I kind of hate piling on with another opinion, but this is too long for a comment. I did what you are thinking of doing, I would at least try renting it for a couple years so long as: The primary risks of renting are mostly related to unexpected costs and bad tenants, you've got a very healthy income, so as long as you maintain a nice emergency fund it doesn't sound like keeping this property as a rental will be too much risk. If the rental market is strong where your house is, then you have a better chance of avoiding bad tenants. I like to keep my rent a little lower than the max I think it could go for, to attract more applications and hopefully find someone who will be a good longer term tenant. Tax-free gains So long as you lived in your house 2 of the last 5 years, you can sell without paying capital gains tax on your profit, so you could try renting it for 2 years and then sell. That was a key for me when I converted my first house to a rental. I liked that flexibility, there's still the typical renting risks associated, but it's not a lifelong commitment. You can get 2 years of increased equity/appreciation tax-free, or you could find you enjoy it and keep it for the long haul."}
{"_id": "324895", "title": "", "text": "\"This claims that \"\"once implemented, the liability will no longer fall on the consumer.\"\" However, when this was introduced in the UK, a motivating factor for the banks was that liability was shifted away from them, and onto the consumer. Previously, if you had a forged signature, you were not liable. However, if somebody knew your PIN, the bank would say you have been negligent.\""}
{"_id": "324911", "title": "", "text": "\"Suppose that I work from home, but do not qualify for a business use   of home deduction. As I understand it, this means I cannot deduct   trips from home to another work location (e.g., going to a client's   home or office to do work there). I do not think this is true. You cannot deduct trips to your main business location, i.e.: you cannot deduct trips to your office or client's location if this is your main client and you routinely work on-site. However, if you only visit your clients on occasion for specific events while doing your routine work at home - you can definitely deduct those trips. The deduction of the home usage itself has nothing to do with it. However, there's a different reason they refer to pub 587. Your home must qualify as principal place of business (even if it doesn't qualify for deduction). The qualifications of \"\"principal place of business\"\" are described in pub 587. \"\"if for some personal reason you do not go directly from one location to the other, you cannot deduct more than the amount it would have cost you to go directly from the first location to the second.\"\" What is not clear to me is what exactly is deductible if there are   significant time gaps (within a single day) between trips to different   clients. You got it right. What this quote means is that if you have client A and client B, and you drive from A to B - you can only deduct the travel between A and B, nothing else. I.e.: if you have 2 hours to kill and you take a trip to the mall - you cannot deduct the mileage attributable to that trip. You only deduct the actual distance between A and B as it would be had you driven from A to B directly. The example you cite re first client being considered as the place of business is for the case where your home doesn't qualify as principal place of business. In this case you start counting miles from your first client, and only for direct trips from client to client. If you only have 1 client in that day, tough luck, nothing to deduct. Also, it's not clear whether stopoffs between clients would really be   \"\"personal reasons\"\", since the appointment times are often set by the   client, so it's not as if the delay between A and B was just because I   felt like it; there was never the option of going directly from A to   B. That's what is called \"\"facts and circumstances\"\". You can argue that you had enough time between meetings to go back to your home office to continue working. The IRS agent auditing you (and you're likely to get audited) will consider that. Maybe will accept it. Maybe not. If I had a gap like that described above, I could save on my taxes by   going to the park or a hamburger stand instead of going home between A   and B But then you wouldn't be at home, so why would it be \"\"principal place of business\"\" if you're not there? Boom, lost deduction for the trip to the first client. I suggest you talk to a licensed tax adviser (EA/CPA licensed in your State). You're dealing with deductions that are considered \"\"red flags\"\" for the IRS. I.e.: many people believe that these deductions (business use of your home/car) trigger audits. To substantiate business use of your car you need to keep very good track of your travels (literally travel log, they sell them at Staples), and make sure to distinguish between personal travel and business travel, keep proofs that the meetings took place (although keeping a log is a requirement, it can be backdated/faked, so if audited - the IRS will want to see more than your own documentation). A good tax adviser will educate you on all these rules, and also clarify the complexities you were asking about here. I'm not a tax adviser, so don't rely on this answer when you're preparing your tax return or responding to the IRS audit. In your edit you ask this: Specifically, what I'm wondering is whether it is possible for a home   to qualify as a \"\"principal place of business\"\" for purposes of   deducting car expenses but not for the home office deduction. The answer is yes. Deductibility is determined by exclusivity of use, among other things. But the fact that you manage your business from your kitchen doesn't make your kitchen any less of a principal place of business. It is non-deductible because you also cook your dinners there, but it is still, nonetheless, your principal place of business. The Pub 587 which I linked to has these qualifications: Your home office will qualify as your principal place of business if   you meet the following requirements. You use it exclusively and regularly for administrative or management activities of your trade or business. You have no other fixed location where you conduct substantial administrative or management activities of your trade or business. As you see, exclusivity of the usage of your home area is not a requirement here. The \"\"exclusively and regularly\"\" in the quote refers to your business not using any other location, and managing it from home regularly. I.e.: if you manage your business a day in a year - that's not enough for it to be considered principal. If you manage your business from your office and your home - you cannot consider home as principal.\""}
{"_id": "324914", "title": "", "text": "\"Without knowing anything else about you, I'd say I need more information. If all of your investments are in stocks, then that's not really diversified, regardless of how many stocks you own.  There are other things to invest in besides stocks (and bonds, for that matter). What countries?  \"\"International\"\" is pretty broad, and some countries are better bets than others at the moment. If you're old, I'd say very little of your money should be in stocks anyway. I'd also seek financial advice that is tailored to your goals, sophistication, etc.\""}
{"_id": "324916", "title": "", "text": "The average price would be $125 which would be used to compute your basis. You paid $12,500 for the stock that is now worth $4,500 which is a loss of $8,000 overall if you sell at this point."}
{"_id": "324921", "title": "", "text": "Tax Deducted at source is applicable to Employee / Employer [contract employee] relations ... it was also made applicable for cases where an Indian company pays for software products [like MS Word etc] as the product is not sold, but is licensed and is treated as Royalty [unlike sale of a consumer product, that you have, say car] ... Hence it depends on how your contract is worded with your India clients, best is have it as a service agreement. Although services are also taxed, however your contract should clearly specify that any tax in India would be borne by your Indian Client ... Cross Country taxation is an advanced area, you will not find good advice free :)"}
{"_id": "324931", "title": "", "text": "\"It's worth pointing out that most \"\"cash\"\" deals are actually debt financed, at least in part. A quick review of the 8K tells us they plan on debt financing the entire transaction with some senior notes and not use any of the 15B on their BS. This is fairly typical these days because debt is cheaper then the foregone interest on cash.\""}
{"_id": "324946", "title": "", "text": "\"Is it possible to profit from some of this money in the short term before I need to access it? Sure, it's possible.  But if the stock market decides to \"\"correct\"\" (or even crashes), you'll be in a world of hurt. Thus, since it's so important that you not lose this money, just stick it in an online bank earning 1.2%, and withdraw \"\"enough\"\" twice a month. EDIT: by \"\"withdraw\"\", I mean to transfer to your checking account.\""}
{"_id": "324948", "title": "", "text": "You'll have much more flexibility and peace of mind if your expenses are based on your current income and that income increases in the future. It's great that you aren't comfortable with spending more, you don't want to end up in the position you just removed yourself from.  That said, you don't just ignore planned income altogether. Personally, my wife and I feel best knowing that I have the essentials covered with my income, and that her income primarily helps us put away more for retirement, home renovations, and vacations, because she likely won't work for a long while if we have kids. How you plan depends on your wife's career aspirations and prospects, if your wife has high income potential and you don't plan to buy until after she resumes work, then it may suit you to plan on her income too. You'll have to balance the certainty and amount of her income with your goals.  If you're trying to make up ground on savings/retirement, then a less expensive house seems wise anyway. It's a much easier problem to decide what to do with excess funds than feeling trapped/stressed by a high mortgage payment."}
{"_id": "324967", "title": "", "text": "\"Dear \"\"benevolent\"\" sister, The mortgage, utilities, and taxes for this home can no longer be paid and the bank will repossess it within the coming months. Thank you for your time\""}
{"_id": "324968", "title": "", "text": "\"The actual increase in the cost of living for one month over the previous month cannot be calculated from the annualized increase in cost over the entire previous year. Consider the hypothetical case of a very stable economy, where prices stay constant for decades.  Nevertheless, the authorities issue monthly statements, reporting that the change in the cost of living, for the last month, year over year, is 0.00%.  Then they go back to sleep for another month. Then, something happens, say in August, 2001.  It causes a permanent large increase in the cost of many parts of the cost of living components. So, in September, the authorities announce that the cost of living for the end of August, 2001, compared to August a year ago, was up 10%. Great consternation results.  Politicians pontificate, unions agitate on behalf of their members, etc... The economy returns to its customary behavior, except for that one-time permanent increase from August, 2001.  So for the next eleven months, each month, the authorities compare the previous months prices to the prices from exactly a year ago, and announce that inflation, year over year, is still 10%.   Finally, we reach September, 2002.  The authorities look at prices for the end of August, 2002, and compare them to the prices from the end of August, 2001 (post \"\"event\"\").  Wonder of wonders, the inflation rate is back to 0.00%!!  Absolutely nothing happened in August 2002, yet the rate of inflation dropped from 10% to 0%.\""}
{"_id": "324971", "title": "", "text": "He's not saying his business couldn't make it. He's saying the cut into his profits and diminishing returns on his efforts and stress would no longer be worth it and he would rather just retire.  He makes it clear at the end that he's going to be fine either way. He has plenty of money, but he's not going to put in his time, effort, and energy for less and less money.   If he closes up shop because it's not worth it to him, he'll be fine but his workers will be fucked. I hope they like their rules and regulations when it puts them out of a job."}
{"_id": "324994", "title": "", "text": "There are specific cases where you are required to use ADS: Required use of ADS.   You must use ADS for the following property. Listed property used 50% or less in a qualified business use. See chapter 5 for information on listed property. Any tangible property used predominantly outside the United States during the year. Any tax-exempt use property. Any tax-exempt bond-financed property. All property used predominantly in a farming business and placed in service in any tax year during which an election not to apply the   uniform capitalization rules to certain farming costs is in effect. Any property imported from a foreign country for which an Executive Order is in effect because the country maintains trade   restrictions or engages in other discriminatory acts. See publication 946. If none of those apply to your property - you may elect ADS. Why would you elect ADS when you're not required to use it? If you can't think of a reason, then don't elect it. For most people the shorter the depreciation period - the more they can deduct (or accumulate in passive losses) each year, and that is usually the desirable case. If you plan on selling in 10 years, keep in mind the depreciation recapture and consider whether the passive losses (offsetting regular income) are worth the extra tax in this case."}
{"_id": "325019", "title": "", "text": "Going out to eat became a luxury for some and let's not forget how much food related interests have skyrocketed into mainstream popularity.  Just look at how much learning how to cook has become much more easier and financially cheaper when people had to cut back from the recession.   Food knowledge has exploded over the past decade."}
{"_id": "325037", "title": "", "text": "Political Psychology is a field that focuses on understanding politics and political behaviour.  An expert in this field is Dr Bart Rossi Ph.D. who offers his views about what politicians may be thinking, the motivation for their actions, and how people perceive it. He comments on the current politics and news on leading news channels, radio shows and in print media."}
{"_id": "325042", "title": "", "text": "@Jeremy Using CVV doesn't decrease the transaction cost. I know this because I have quotes for CC transactions and the cost/transaction doesn't depend on using CVV. That said we don't plan to use CVV because we sell insurance and the likelihood that someone who steals CC will buy insurance is very low."}
{"_id": "325064", "title": "", "text": "It depends entirely on what you're improving and what you're spending. Taking the kitchen for example, if you're replacing a tired 1960's kitchen with cheap but functional IKEA units and appliances, and you're doing as much of the work as possible yourself, you will definitely see a good return. However if you're spending $50,000 on a Poggenpohl kitchen to be fitted by professionals your ROI is going to be your enjoyment of the kitchen over the years and not financial."}
{"_id": "325075", "title": "", "text": "There is no generic formula as such, but you can work it out using all known incomes and expenses and by making some educated assuption. You should generaly know your buying costs, which include the purchase price, legal fees, taxes (in Australia we have Stamp Duty, which is a large state based tax when you purchase a property). Other things to consider include estimates for any repairs and/or renovations. Also, you should look at the long term growth in your area and use this as an estimate of your potential growth over the period you wish to hold the property, and estimate the agent fees if you were to sell, and the depreciation on the building. These things, including the agent fees when selling and building depreciation, will all be added or deducted to your cost base to determine the amount of capital gain when and if you sell the property. You then need to multiply this gain by the capital gains tax rate to determine the capital gains tax you may have to pay. From all the items above you will be able to estimate the net capital gain (after all taxes) you could expect to make on the property over the period you are looking to hold it for. In regards to holding and renting the property, things you will need to consider include the rent, the long term growth of rent in your area, and all the expenses including, loan fees and interest, insurance, rates, land tax, and an estimate of the annual maintenance cost per year. Also, you would need to consider any depreciation deductions you can claim. Other things you will need to consider, is the change in these values as time goes by, and provide an estimate for these in your calculations. Any increase in the value of land will increase the amount of rates and the land tax you pay, and generally your insurance and maintenance costs will increase with time. However, your interest and mortgage repayments will reduce over time. Will your rent increases cover your increases in the expenses. From all the items above you should be able to work out an estimate of your net rental gain or loss for each year. Again do this for the number of years you are looking to hold the property for and then sum up the total to give a net profit or loss. If there is a net loss from the income, then you need to consider if the net capital gain will cover these losses and still give you a reasonable return over the period you will own the property. Below is a sample calculation showing most of the variables I have discussed."}
{"_id": "325092", "title": "", "text": "\"Secret formulas are legal, \"\"privileged information\"\" is not. And that may be the whole point. People are allowed to trade stocks profitably if doing so results only from their skill. A \"\"secret formula\"\" (for evaluating information) is part of that skill. But having \"\"privileged information\"\" is not considered skill. It is considered an unfair, illegal advantage. Because company officials (and others) with privileged information are 1) not permitted to trade stocks while that information is privileged and 2) are not allowed to share that information with others. Inevitably, some do one or the other, which is why they are prosecuted. \"\"Raj\"\" took the process to new highs (or lows). He not only \"\"dealt\"\" in privileged information, he PAID for it. Anything from a new car or house to $500,000 a year in cash. In essence, he had a bunch of strategically placed \"\"spies\"\" inside or close to corporations including one on the board of Goldman Sachs, \"\"selling out\"\" their companies, and thereby practicing a form of corporate \"\"treason.\"\"\""}
{"_id": "325098", "title": "", "text": "I would definitely recommend putting some of this in an IRA. You can't put all $30K in an IRA immediately though, as the contribution limit is $5500/year for 2014, but until April 15 you can still contribute $5500 for 2013 as well. At your income level I would absolutely recommend a Roth IRA, as your income will very likely be higher in retirement, given that your income will almost certainly rise after you get your Ph.D. Your suggested asset allocation (70% stocks, 30% bonds) sounds appropriate; if anything you might want to go even higher on stocks assuming you won't mind seeing the value drop significantly. If you don't want to put a lot of energy into investment choices, I suggest a target retirement date fund. As far as I am aware, Vanguard offers the lowest expenses for these types of funds, e.g. this 2050 fund."}
{"_id": "325102", "title": "", "text": "This is so true. Get people talking about what they're interested in and it will transition from an interview to a normal conversation. In my experience this is the best possible outcome. Every interview where this has happened I've wound up getting the job."}
{"_id": "325113", "title": "", "text": "In the UK you have an allowance of \u00a340,000 per annum for tax relief into a pension. This amount includes both your and your employer's contributions. If you earn more than \u00a3150,000 per annum this allowance starts to reduce and if you earn less than the allowance, your allowance is limited to what you earn. You can also carry over unused allowance from up to 3 years previously. If you stick within this allowance you won't pay tax on your pension contributions, if you go over the excess will be subject to tax. Salary exchange normally lets you avoid the National Insurance value of your contribution being taxed. If you paid your own money into your pension (without going through salary exchange), your contributions would have the 20% basic rate of tax credited to them and if you're a higher rate taxpayer you could reclaim the difference between the basic rate of tax and the higher rate of tax you pay but the National Insurance you've paid on your own money would not be reclaimable. You can't get the money back you've paid into your pension till you are are 58 (given that you are 27 now), the minimum age has risen from its historic 55 for your age group.  That's the pension trade off, you forgo tax now in the expectation that, once retired, you will be paying tax at a lower rate (because your income will be lower and you are much less likely to be subject to higher rate taxation) in return for locking in your money till you're older. Your pension income will be subject to tax when you eventually take it. There are other options such as ISAs which have lower annual limits (\u00a320,000 currently) and on which your contributions do not attract tax relief, but which are not taxed as income when you eventually spend them. ISAs and pensions are not mutually exclusive so if you have the money, you can do both. It's up to you to determine what mix of savings will be appropriate to generate income for your eventual retirement. If you are living in some other country when you retire your pension will be paid net of UK tax. You might then be able to claim (or pay) any difference between that and your local tax rate depending on what agreement exists between the UK government and the other country's government."}
{"_id": "325118", "title": "", "text": "\"Mortgage interest in Canada is not generally tax deductible for individuals. (Where did you read otherwise?) As an individual, the only mortgage interest you may be able to deduct is when you borrow the money to purchase an income-producing asset, e.g another property you can rent out, or investments producing dividends or other income.  In these cases, the interest you pay on the borrowed funds, i.e. the \"\"carrying costs\"\" for your investments, would be deductible against the income produced by the investments purchased.\""}
{"_id": "325121", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/26/climate/california-climate-policy-cap-trade.html) reduced by 91%. (I'm a bot) ***** &gt; Per capita, California has the third-lowest emissions in the nation, after New York and the District of Columbia, which means further cuts will come less easily than they would for a state like Texas.  &gt; While no one is exactly sure how much California&amp;#039;s climate policies will ultimately cost, this ceiling will set a limit on that price tag: If climate policy poses too severe a threat to economic growth, the state will prioritize growth.  &gt; What the World Might LearnMr. Brown has promoted California&amp;#039;s policies as a way of convincing the world that the United States won&amp;#039;t abandon the fight against climate change, even after Mr. Trump announced a withdrawal from the Paris climate agreement.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pqq7x/california_is_going_far_beyond_other_states_on/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~176290 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **California**^#2 **emissions**^#3 **climate**^#4 **cap**^#5\""}
{"_id": "325142", "title": "", "text": "usana products--For many children, the world we lives in isseens as a jungle where they run wild and unleash their iner animal.Usaimals provides your active children with the essential antioxidants, vitamins, and minerals they need to keep their energy high and their bodies healthy. Any child will love the easy to eat chewables stamped with fun animal shapes and the natural wild-berry flavor. With no artificial colors or sweetners, USANA 's delicious chewables vitamins provide the excellent nutritional support."}
{"_id": "325146", "title": "", "text": "Even though you are relocating and this is more open than a typical job move, the school's request is absurd. In most situations you expose yourself to a huge risk of being fired once you reveal you are looking to go elsewhere, since you are basically saying you are no longer committed to the job. They are asking you to take that risk with no guarantee they will hire you. This is the kind of thing that would make me question whether it is a good place to work."}
{"_id": "325148", "title": "", "text": "You really don't know anything about China, do you.  China has a ruling class that makes the laws, and holds all the wealth. Every member of the communist party is a billionaire. Why do you suppose that it? The regular citizens are basically slaves who work crazy hours for close to no pay."}
{"_id": "325174", "title": "", "text": "\"I laugh and say \"\"wouldn't you like to know!\"\" And then say \"\"no really, I'm not at liberty to discuss that.\"\"  I always go to chat up the competitors at their booths but ALWAYS keep it personal and neutral (like the weather or wow my feet hurt, etc.)  You never know, you may be applying for a job there some day!\""}
{"_id": "325185", "title": "", "text": "We can't know the future, of course, but we know that on average it's better to invest a lump sum. We can look at some periods of recent history to get a sense of the difference between a lump sum 450k investment and maybe say 5 years of 90k. Using S&P 500 return rates, let's say you started investing on Jan 1, 2008: Here, spreading your investing over 5 years earns you an extra $163k.  Starting a year later, the same strategy would earn you $327k less than a lump investment: I looked at some other periods, but the story doesn't change from what we already knew; you can reduce risk of losing a big chunk due to a bad year, but it comes at the cost of potential gains. Perhaps you could make a killing by waiting for the next down-turn and buying on the cheap, or maybe you'll just be wasting time and money as the market enjoys sustained growth. I'd go with a lump, trusting the averages; but you're right, another 2008 with no recovery would suck. As for holding $50k back it depends primarily on your monthly budget, many people suggest a 3-8 month liquid emergency fund, I like 6 months. Go with what you're comfortable with."}
{"_id": "325212", "title": "", "text": "Books are a great place to start, Jason Kelly's The Neatest Little Guide to Stock Market Investing will give you a broad foundation of the stock & bond market."}
{"_id": "325215", "title": "", "text": "Whole Foods has 431 current locations.  At $13.6B ... Amazon is paying $31M per location.   That means it's not about the brick and mortar.  Something bigger is coming.    This as Kroger keeps expanding stores and now using space to sell mom jeans and cheap socks."}
{"_id": "325218", "title": "", "text": "\"is it worth it? That is for you to judge. The risks are having it blowup in your face, and you having to pay a penalty, or go to jail. The issue is how you keep it secret, and who you keep it secret from. If you have money in a secret account and keep it hidden even though you: You are taking a big risk. If the knowledge of the contents of the secret stash would cause a judge or government agency to make a different decision, you could face penalties ranging from monetary to jail time. The government could also decide that they need to determine the source of the funds. They may want to know if the money was \"\"earned\"\" through illegal means. They will want to determine if the funds should haven taxed not just on the interest but if the original income tax was ever collected.  If the amounts are large enough the taxing authority  and police will have a lot of fun pulling apart your entire financial history. Oh and the lawyers you pay to keep you out of jail will also have their fun. why do some people do it? They are greedy; or paranoid; or they don't trust others; or they are criminals.\""}
{"_id": "325235", "title": "", "text": "Instead of gnucash i suggest you to use kmymoney. It's easier"}
{"_id": "325246", "title": "", "text": "&gt;Not everything is about marginal utility and trying to define people by their marginal utility is almost sociopathic.  This needs to be said more often.  Walmart earned $4B this quarter yet they pay their employees slave wages.  They could afford to pay every one of their employees an extra $3 per hour and still make huge profits.  That's a 25% raise.  Apple, to extend the comparison,  earned $8B yet pay their contractors slave wages.  Perhaps they should revise the ethics classes for business degrees and start teaching social responsibility as well."}
{"_id": "325249", "title": "", "text": "\"&gt;More wisdom from the armchair economist who can't answer a simple question.  Ok dude. You are a complete moron. The reason I didn't bother answering your question is because it has 0 relevance to your original post and my reply, and it's also something you can literally google. So let me do it for you.  &gt;Citibank is the consumer division of financial services multinational Citigroup  This makes Citibank a commercial depository bank.  Now get to your point. And please include how   * Citibank is JP Morgan,   * JP Morgan needed to be bailed out,   * JP Morgan \"\"gambled\"\"  * tax payers covered their losses  * the CEO of a financial institution that was partly responsible for keeping the US economy from the shithole is a \"\"fucker\"\"  fucking retard.\""}
{"_id": "325273", "title": "", "text": "Sure you can.  You can fill in whatever you want in the From section of a money order, so your business name and address would be fine. The price only includes the money order itself.  You can hand deliver it yourself if you want, but if you want to mail it, you'll have to provide an envelope and a stamp. Note that, since you won't have a bank record of this payment, you'll want to make sure you keep other records, such as the stub of the money order.  You should probably also ask the contractor to give you a receipt."}
{"_id": "325296", "title": "", "text": "\"First of all you do not \"\"co-sign a car\"\". I assume what you mean by this is that you co-signed a loan, and the money was used to buy a car. Once you signed that loan YOU OWED THE MONEY. Once a loan exists, it exists, and you will owe the money until the loan is paid. If you do not want to owe the money, then you need to pay back the money you borrowed. You may not think \"\"you\"\" borrowed the money because the car went to someone else. THE BANK AND THE COURTS DO NOT CARE. All they care about is that YOU signed the loan, so as far as they are concerned YOU owe the money and you owe ALL of the money to the bank, and the only way to change that is to pay the money back.\""}
{"_id": "325321", "title": "", "text": "Yes and no. They can not do things related to work for periods of time, often long periods, but not if something big goes on or anything important goes on. They are responsible if anything, anything at all, that happens if shit hits the fan. The CEO is more responsible for strategy than anything else, not day-to-day, so yes, they can just leave...unless something happens.  Sure, 99.9+% of the time the COO or regional/segment managers at various levels are dealing with anything that comes up instead of them, just sending them updates, but CEOs are ultimately responsible for this. CEOs travel, get breakfast with customers/suppliers/investors and don't look at their phone for hours at a time. But someone knows where/how to find them or they are in contact soon enough. They can't go AWOL and be out of contact for long."}
{"_id": "325330", "title": "", "text": "From every article I've encountered, the chicken and egg aspect suggests that IV is produced by looking at options pricing, and calculating the IV from that.  The implication is that whatever is known at that time is included in the price. And that when you see a particular option trade an unusual number of contracts at a given price, the implication is that someone thinks they know something that's not already priced in, i.e. that the current price is not accurate, they can profit on the future event."}
{"_id": "325332", "title": "", "text": "Credit card companies charge merchants for accepting their cards.  They'll take their cut and give you some of the fee back as a reward.   So, in reality merchants have increased their prices to accommodate for the credit card processing fees. The credit card takes a bit of their fee and gives you back some of the money you wouldn't have spent if there were no fees for using a credit card."}
{"_id": "325342", "title": "", "text": "\"Senate vs. House Health-Care bills.  Summarized from bloomberg.com/view/articles/2017-06-22/republicans-health-care-bills-boil-down-to-more-obamacare  1) Reduces  subsidies from eligibility from 400 percent of the\u00a0federal poverty line which is a hair under $100,000 a year for a family of four to 350 percent of the poverty line which is about $86,000.  2) Reduces premium subsidies which determines the subsidy level which should cover about 70 percent of anticipated health expenses -- to one with an actuarial value of 58 percent causing people to opt for plans with higher deductibles. To offset effects on the elderly the bill  changes the subsidy formula to account for age.  3) Obamacare's  growth subsidy cap on premium subsidies  changed from 0.504 percent of GDP 0.4 percent of GDP meaning program cap  is more likely to hit cutting subsidies to some groups.  4) Eliminates the individual and employer mandates  may  destabilize the Obamacare exchanges and subsidies.  5) Restricts the already small abortion coverage.  6) Ends the cost-sharing reductions  that lowered out-of-pocket expenditures for people making less than 250 percent of the federal poverty line not  funded since Republicans took over Congress. The bill pays the insurers the money they\u2019ve been owed. Ending the program makes Obamacare significantly less attractive for the folks whose policies are so heavily subsidized.  7) States given  a great deal more flexibility expedite waiver program with less interference from federal regulators.  8) Eliminates many Obamacare taxes on everything from tanning to high earners.  The \u201cCadillac tax\u201d on pricey employer-sponsored insurance postponed until 2026 ending an attempt  to curtail our nation\u2019s hog-wild tax subsidies for employer-sponsored insurance.  Presumably, senators are keeping the tax in after Doing so reduces the apparent cost of a full repeal.  9) Market stabilization funds designed  to keep the dreaded \u201cdeath spiral\u201d from happening by dealing with the major problem driving costs on the exchanges: very sick people.  Details on this are sketchy, because states are expected to design programs to meet the goal.  If it works, it has the potential to substantially improve the sustainability of the exchanges.  10) Winds down the Medicaid expansion funding \u2026 but not as fast as the House bill.   11) It also makes people below the poverty threshold eligible to buy exchange policies with subsidies. This coverage is not as generous as Medicaid; it will probably involve substantial deductibles and copayments. But the premiums are capped at 2 percent of family income, which for a single person making exactly the federal poverty line would be about $20 a month.   12) Converts Medicaid to a per-capita allotment rather than an open-ended entitlement.  Like the House bill, the Senate bill changes the program to a per-beneficiary grant based on previous spending levels.  It\u2019s not the \"\"block-granting\"\" of supply-sider dreams, but it\u2019s close. This will give states heavy incentives to keep program growth in check especially with future payment growth will be indexed to general inflation, rather than the higher medical inflation. States can also apply to switch to a block grant formula, or to implement a work requirement for Medicaid recipients.\""}
{"_id": "325348", "title": "", "text": "\"A reason to get an accountant is to avoid penalties for possible mistakes. That is, if you make a mistake, the IRS can impose penalties on you for negligence. If the professional makes the SAME mistake, the burden of proof for \"\"negligence\"\" shifts to the IRS, which probably means that you'll pay more taxes and interest, but NO penalties; hiring an accountant is prima facie evidence of NOT being negligent. I would get an accountant since this the first time for you in the present situation, when mistakes are most likely. If you feel that s/he did the same for you that you would have done for yourself, then you might go back to doing your own taxes in later years.\""}
{"_id": "325359", "title": "", "text": "Pet peeve, but bananas and apples aren't GMOs. I have absolutely nothing against GE, and indeed, I think it's awesome in the abstract, but the term means more than just any genetically modified organism  (which is pretty much all of them)."}
{"_id": "325370", "title": "", "text": "\"A few points that I would note: Call options - Could the bond be called away by the issuer? This is something to note as some bonds may end up not being as good as one thought because of this option that gets used. Tax considerations - Are you going for corporate, Treasury, or municipals? Different ones may have different tax consequences to note if you aren't holding the bond in a tax-advantaged account,e.g. Roth IRA, IRA or 401k. Convertible or not? - Some bonds are known as \"\"convertibles\"\" since the bond comes with an option on the stock that can be worth considering for some kinds of bonds. Inflation protection - Some bonds like TIPS or series I savings bonds can have inflation protection built into them that can also be worth understanding. In the case of TIPS, there are principal adjustments while the savings bond will have a change in its interest rate. Default risk - Some of the higher yield bonds may have an issuer go under which is another way one may end up with equity in a company rather than getting their money back. On the other side, for some municipals one could have the risk of the bond not quite being as good as one thought like some Detroit bonds that may end up in a different result given their bankruptcy but there are also revenue bonds that may not meet their target for another situation that may arise. Some bonds may be insured though this requires a bit more research to know the credit rating of the insurer. As for the latter question, what if interest rates rise and your bond's value drops considerably? Do you hold it until maturity or do you try to sell it and get something that has a higher yield based on face value?\""}
{"_id": "325371", "title": "", "text": "What are the consequences if I ignore the emails? That would depend on how much efforts the collection agency is ready to put in. I got a social security number when I took up on campus jobs at the school and I do have a credit score. Can they get a hold of this and report to the credit bureaus even though I don't live in America? Possibly yes, they may already be doing it. Will they know when I come to America and arrest me at the border or can they take away my passport? For this, they would have to file a civil case in the court and get an injunction to arrest you. Edit: Generally it is unlikely that the court may grant an arrest warrant, unless in specific cases. A lawyer advise would be more appropriate. End Edits It is possible that the visa would also get rejected as you would have to declare previous visits and credit history is not good."}
{"_id": "325374", "title": "", "text": "For those without a couple hours to digest this - this paper describes how they've been able to measure the secondary effects of credit default swap agreements between banks, and how when the losses materialize in one bank, it can affect the creditworthiness of others protecting it."}
{"_id": "325383", "title": "", "text": "The shareholders elect the board of directors who in turn appoint a CEO. The CEO is responsible for the overall running of the company. To answer your specific questions: Yes, Steve Jobs could make decisions that are harmful to the well-being of the company.  However, it's the responsibility of the board of directors to keep his decisions and behavior in check. They will remove him from his position if they feel he could be a danger to the company."}
{"_id": "325386", "title": "", "text": "The thing that gets so many people is that multilevel marketing isn't inherently a scam. It has all of the potential that they try to sell you on. It just so happens that every friend you have doesn't have an infinite supply of friend networks completely unrelated to anyone you know, so once you get three or four people in the same area in on an MLM, or if you try to join not realizing that there are already people in on it, and ESPECIALLY if you get in on MLM without knowing ANYTHING about he product aside from the MLM opportunities for your potential marks, or without knowing anything about sales in general, then people start getting screwed.  MLM is cancer."}
{"_id": "325390", "title": "", "text": "Whether it is Venetian lime based plaster, or polished plaster from Italy, Giorgio Graesan &amp; Friends has been a well known brand. The products of the brand, previously only available in Italy, are now brought to consumers around the globe by Stucco Veneziano."}
{"_id": "325393", "title": "", "text": "It looks more like someone is trying to pocket the spread.  The trades are going off at the bid then the ask (from what I can tell without any L1 and L2 data, but the spread could be bigger than what the prices show, since the stock looks pretty volatile given the difference between current price and VWAP...).  Looking through the JSE rule books I didn't find any special provisions on how they handle odd lots in their Central Order Book, but the usual practice in other markets is to display only round lot orders. So these 4 share orders would remain hidden from book participants and could be set there to trigger executions from those who are probing for limit orders. Or to make a market with very limited risk."}
{"_id": "325394", "title": "", "text": "Cool.  I used Netflix for awhile and liked it also.  I stopped using it because the DVD content was limited.  Also I can't run their app's on linux.  So I can't do the streaming.  Anyway $10/month beats my comcast bill of $100/mo for cable."}
{"_id": "325407", "title": "", "text": ""}
{"_id": "325412", "title": "", "text": "In general, just make sure you are on the same page as them. For example, are they supplying the antlers at cost? If their product manager asks for too large a cut of the profits of the product line, they may decide it makes sense to sell the antler to the side business at a higher markup. Or they may find someone else willing to take the product manager job for a lower ownership stake.  Either way, good luck and be sure to get your agreement down on paper somewhere."}
{"_id": "325417", "title": "", "text": "That's fine, I realized 50% in the first couple months of the year, sold.. bought back in when it dipped, and that's gained another 50%. I believe in the overall product, clean energy isn't going away, and Tesla is paving the way in many industries. It will compete with the likes of Amazon in the next 10 years, Elon is showing results in every market he enters."}
{"_id": "325426", "title": "", "text": "\"Previously (prior to Capital One acquisition -- it's kind of like K-Mart buying Sears) Sharebuilder offered 12 automatic (i.e. pre-scheduled) stock purchases per month if you subscribed to their $12/mo \"\"Advantage\"\" plan. So, 12 trades for $1 a trade. Great deal. Except then they flattened their pricing to everyone's acclaim (that is, everyone except for the non-millionaire casual investors) and jacked it up to $4 per automatic investment. As far as I know, Sharebuilder's 12 no-fee investments for $12/mo was rather unique in the online trading world -- and now it's very sadly extinct. They do have no-fee mutual fund investing, however, for what it's worth.\""}
{"_id": "325432", "title": "", "text": "\"People do not take the time to get to know you, and find out what you know (or not) before hiring you.  They are lazy.  And they are cowards.  They will hire only someone who appears to have the right credentials, got it?  There is no reason for them to put themselves on the line by telling corporate they \"\"have a hunch\"\" you'll be a good employee.  Almost guarenteed not to happen.  You have to make it easy for the person to hire you.  And that means you gotta get the degree.\""}
{"_id": "325435", "title": "", "text": "Even if Tesla ends up breaking even or taking a small loss on their cars, they will still end up in the black selling batteries. Tesla wants people to believe they're a car company, and people have fallen for it. They are not though; they're a battery company. They will be making loads selling their batteries, not only to auto makers, but though Solar city as well."}
{"_id": "325439", "title": "", "text": "Yoooooo you pissed??? At least have the courtesy of leaving a TL;DR cus that's exactly what I did.   I worry about myself and my family. We're capable of picking and paying for the insurance coverage that works best for us. I don't like the idea of being forced to buy something I don't want. Worse yet, I wouldn't like paying for some drug addict/lazy asshole who can't get a job to get medical care with my money indirectly   Anyway, thanks for the rant. Introduced me to some new ideas that I don't agree with, but I always like hearing multiple sides of the argument."}
{"_id": "325452", "title": "", "text": "It's the maturation of the ads market. Ads are utilizing ML to become more targeted. In fantasyland we wouldn't have ads, but this is not how the real world works. Websites and content production cost money, and ads provide money. You don't seem to grasp this fundamental reality of the market. Until you are willing to either pay directly via subscriptions, or indirectly through pimping out your internet bandwidth and data caps (this one isn't going to happen, because websites fundamentally do not work through a fully-decentralized model), you are going to be targeted by ads. Full stop."}
{"_id": "325465", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.alternet.org/food/some-government-programs-are-basically-slush-funds-beef-and-pork-industries-some-lawmakers-are) reduced by 84%. (I'm a bot) ***** &gt; Two pairs of ideological opposites introduced bills in the U.S. House and Senate earlier this year-Mike Lee, R-Utah, and Cory Booker, D-N.J., in the Senate, and Dave Brat, R-Va., and Dina Titus, D-Nev., in the House-to reform a series of federal government programs that have too often taken on the character of slush funds for the beef and pork industries.  &gt; Their legislation, the Opportunities for Fairness in Farming Act, would prevent the U.S. Department of Agriculture and agribusiness trade groups-including the National Cattlemen&amp;#039;s Beef Association and the National Pork Producers Council-from diverting tens of millions of dollars a year to salaries, lobbying, and other inappropriate and impermissible activities through the national checkoff programs.  &gt; &amp;quot;Farmers should have guarantees these programs are working for them, and shouldn&amp;#039;t have their hard-earned money going toward a slush fund for big ag.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6onbzi/some_government_programs_are_basically_slush/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172247 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **farm**^#1 **federal**^#2 **checkoff**^#3 **fund**^#4 **program**^#5\""}
{"_id": "325469", "title": "", "text": "&gt; It's still free money from US to build a system for THEM so they can sell the power back to us at a profit.  Sure, because otherwise they can't make a profit and thus wouldn't build the system.  That's the point in subsidises."}
{"_id": "325470", "title": "", "text": "\"At first, I thought this might be too broad.  There are of course thousands of things that you can do with your money to \"\"help the economy\"\".  But I think that there is room to discuss some broad strokes without trying to list a thousand details.   Regular investing (as you are now) helps the economy in that companies obtain money by selling their stock.  They can then use that money to fund expansion, etc.  These things can help the economy permanently.  Of course, they can also use the money to pay executive bonuses, which don't help the economy so much.   Similarly, just spending money does not normally help the economy.  Unless we are in a recession, it is mildly harmful to spend wastefully.  Money that could be going to support long term improvements in production instead is used to buy a luxury that doesn't terribly interest you.  I.e. if you don't want a bigger house or a more luxurious car don't buy it to \"\"stimulate\"\" the economy.   Many charitable donations have the same problem.  They help short term consumption somewhere.  And of course the charity starts asking you for more money.  Many charities waste most of a donation trying to get another one from the same person or family.   Sir John Maynard Keynes proposed that the best thing that people could do to help the economy is to invest in things that cause economic activity in turn.  He was mostly talking about things like roads, bridges, and dams that are out of the investing range of most people, so he wanted governments to do it, particularly during a recession.   So we are looking for ways to invest in durable improvements that will support economic activity in the future.  A million dollars is a small amount for many things, but there are some activities that work.  I'm going to list a few examples, but there are certainly others:   Fund microfinance.  Basically loan your million dollars to people who need a small amount of money.  These programs often allow you to determine the initial recipient and then that person determines the next recipient.  A million dollars can finance hundreds if not thousands of these loans.  They may be in the United States or in a developing country.   Set up a scholarship.  My recommendation would be to find an existing scholarship with a few recipients and ask them to add one a year for the million dollars.  A million dollars should typically produce about a scholarship a year in returns after inflation.  Of course, that's just regular inflation.  Education inflation is higher.   Solar prize.  Fund a program that gives out one solar installation every year or five to a family that owns a house, is struggling to pay utilities, and makes a compelling case.  Basically, whenever the investment grows enough to support it, make a new prize.   Buy something that will help other people make money.   This is just six ideas off the top of my head.  The goal here is to create something lasting that will promote economic activity.  So a program that loans money forward.  Or a scholarship or free textbook, particularly in a STEM field.  A small piece of infrastructure that helps people move around to work or spend their money.  Solar is a bit of a stretch here, but it can be justified if you believe that an investment now is an investment in moving towards the future.   The key thing here is to make your money do double duty.  By spending your money during a recession or investing during the rest of the business cycle, you can get some value for your money.  But even better is if that spending has a societal return as well.  Microfinance, scholarships, and infrastructure do that.  There is the immediate spending, plus there is the effect of the spending.  A business is established.  A mind is trained and working at a high income job.  People can move, work, and spend their own money.\""}
{"_id": "325471", "title": "", "text": "I am not a Republican conservative. I would begin cutting the budget at the Pentagon, the NSA, and the CIA. I would eliminate Homeland Security and give the salvageable parts to the FBI. You could easily cut 500 billion right there without touching social spending.  Then I would shutter the Depts of Interior, Education, Commerce and Agriculture. There you have another 100 Billion  At that point you demand 15% cuts of the remaing departments, another 75 billion and then you attack the 3 big problems, which are medicare, medicaid and SS. Medicare and Social Security should have the minimum age raised now to 67. Medicaid must be much more difficult to qualify for.   Problem solved. Budget balanced. Foreign adventurism terminated."}
{"_id": "325493", "title": "", "text": "As I sat in my office viewing the Reside Feed from Facebook\u2019s F8 Convention final week, I quickly saw the brand new Timeline being significantly like an [online scrapbook](http://www.scrapgirls.com/). I love to scrapbook and also have gotten with each other with friends to share stamps, templates and also other elaborations for by textbooks."}
{"_id": "325516", "title": "", "text": "So you're fine with curtailing free speech just because you're unhappy with the way they're treating Trump? What kind of over-sensitive snowflake bullshit is this? Unfair? He's the leader of the nation, he should act like it and show some resilience and strength and instead of crying about 'waaah they don't like me!' and banning dissenting voices.  You think Reagan or Bush would do any of that?"}
{"_id": "325525", "title": "", "text": "BigBOX specialty stores can't compete with Walmart and Walmart can't compete with Amazon and Amazon won't be able to compete with China's Alibaba and Alibaba Express. Let Walmart and Amazon fold and you will see the rise of the independent retailers... we have to start producing our own products and taxing Chinese imports to level the playing field for American businesses. This is one MONOPOLY everyone in congress seems to NOT  recognize."}
{"_id": "325529", "title": "", "text": "\"&gt;I for one cannot understand why government workers (including Police, Sheriff, Fire, Highway Patrol, etc..) deserve a pension of 80% or more after working 20+ years.  Because (a) workers are pretty sure that government will be around N years down the road, so will accept pensions from it, and (b) it's usually cheaper in terms of political cost to give a government worker an IOU and say \"\"my successor will pay you the rest of what we agreed to pay you years down the road, and coming up with the funds will be his problem\"\".\""}
{"_id": "325534", "title": "", "text": "\"https://www.insidehighered.com/news/2011/01/18/study_finds_large_numbers_of_college_students_don_t_learn_much  Unfortunately modern liberal arts education isn't promoting critical thinking skills like it did in the past, especially for Education, Social Science, and Business majors.  Also, I know plenty of people with trade/vocational backgrounds who work for themselves, and are arguably less of a \"\"slave\"\" than many social science/humanities majors.\""}
{"_id": "325564", "title": "", "text": "\"Real estate ownership doesn't work the same way in China as it does in the West. Some significant difference I see:   * China doesn't have property tax, so empty apartments are treated as assets by individuals, no tax liability.  * A lot of people buy 2nd/3rd home and not rent them out. Their purpose feels more like buying preferred stock - ownership with expectation of neighborhood (~company) would prosper, but no direct contribution to the neighborhood (~no voting in the company) * Local governments raise funds by developing landing into real estate.  * Local government would collectivize old real estate for redevelopment, usually at some reasonable rate (tho less equitable in some \"\"corrupt\"\" areas) * Ownership is not permanent. It is on paper 50-70 years depending on the place.   Not saying there aren't problems with this system, just that signals that would cause US real estate to collapse might not do the same for China. I do want to see someone run some social behavioral model about how those differences would play out.   Source: my family owns 2 apartments in a 2nd-tier Chinese city.\""}
{"_id": "325566", "title": "", "text": "\"Is investing a good idea with a low amount of money? Yes. I'll take the angle that you CAN invest in penny stocks. There's nothing wrong with that. The (oversimplified) suggestion I would make is to answer the question about your risk aversion. This is the four quadrant (e.g.,  http://njaes.rutgers.edu:8080/money/riskquiz/) you are introduced to when you first sit down to open your brokerage (stocks) or employer retirement account (401K). Along with a release of liability in the language of \"\"past performance is not an indicator...\"\" (which you will not truly understand until you experience a market crash). The reason I say this is because if you are 100% risk averse, then it is clear which vehicles you want to have in your tool belt; t-bills, CDs, money market, and plain vanilla savings. Absolutely nothing wrong with this. Don't let anyone make you feel otherwise with remarks like \"\"your money is not working for you sitting there\"\". It's extremely important to be absolutely honest with yourself in doing this assessment, too. For example, I thought I was a risk taker except when the market tumbled, I reacted exactly how a knee-jerk investor would. Also, I feel it's not easy to know just how honest you are with yourself as we are humans, and not impartial machines. So the recommendation I would give is to make a strong correlation to casino gambling. In other words, conventional advice is to only take \"\"play money\"\" to the casino. This because you assume you WILL lose it. Then you can enjoy yourself at the casino knowing this is capital that you are okay throwing in the trash.  I would strongly caution you to only ever invest capital in the stock market that you characterize as play money. I'm convinced financial advisors, fund managers, friends will disagree. Still, I feel this is the only way you will be completely okay when the market fluctuates -- you won't lose sleep. IF you choose this approach, then you can start investing any time. That five drachma you were going to throw away on lottery tickets? transfer it into your Roth IRA. That twenty yen that you were going to ante in your weekly poker night? transfer it into your index fund. You already got past the investors remorse of (losing) that money. IF you truly accept that amount as play money, then you CAN put it into penny stocks. I'll get lots of criticism here. However, I maintain that once you are truly okay with throwing that cash away (like you would drop it into a slot machine), then it's the same whether you lose it one way or in another investment vehicle.\""}
{"_id": "325576", "title": "", "text": "Of course this ignores that fact the companies remit some pretty hefty VAT (Value Added Taxes) when they sell all there stuff. There is a  20% VAT on what they sell, then subtract the VAT of the stuff they buy, and I'll ballpark they are sending a good 10% of Gross (So 300 million Pounds) to Her Majesty's Treasury every year. Not bad for selling overpriced coffee."}
{"_id": "325577", "title": "", "text": "A decade ago my main source of overdraft fees was due to the length of time between a purchase and the money actually being drafted out of my account; I just couldn't keep track of my balance at any given point in time without a ledger, which I wasn't going to keep. These days I have my bank account set up to text me whenever I make a purchase, and most of the time I receive that text within two minutes of receiving my receipt. It's much more up to the minute and I can keep easy mental tally.  Plus I'm much better off than I was when I was 20... #dictated"}
{"_id": "325587", "title": "", "text": "\"The more I think about this the more I think you are actually better off letting it go to collections. At least then you would be able to agree an affordable repayment schedule based on your real budget, and having a big dent in your credit score because it's gone to collections doesn't actually put you in any worse position (in terms of acquiring credit in the future) than you are now.  Whoever is the creditor on your original loan is (IMO) quite unreasonable demanding a payment in full on a given date, especially given that you say you've only been made aware of this debt recently. The courts are usually much more reasonable about this sort of thing and recognise that a payment plan over several years with an affordable monthly payment is MUCH more likely to actually get the creditor their money back than any other strategy. They will also recognise and appreciate that you have made significant efforts to obtain the money. I'm also worried about your statement about how panicked and \"\"ready to give up\"\" you are. Is there someone you can talk to? Around here (UK) we have debt counselling bureaus - they can't help with money for the actual debt itself, but they can help you with strategies for dealing with debt and will explain all parts of the process to you, what your rights and responsibilities are if it does go to court, etc. If you have something similar I suggest you contact them, even just to speak to someone and find out that this isn't the end of the world. It's a sucky situation but in a few years you'll be able to look back and at least laugh wryly at it.\""}
{"_id": "325592", "title": "", "text": "Why are they trying to demonize Seth Klarman. He's a value investor buying distressed assets, not some nefarious puppet master. Is having their bonds fail better for Puerto Rico or anyone? Seth Klarman didn't bankrupt Puerto Rico. You can't make someone take a loan, and a default is bad for all parties so why the finger pointing."}
{"_id": "325596", "title": "", "text": "For aggregate demand:  we've built an economy that depended on credit to fuel demand so it should be no surprise that a correction in the market slowing down demand because its not easy to get credit as much as it used to.  Economic growth should be built on productivity and savings not endless credit.  For interest rates:  Companies are no longer expanding because they have already over expanded.  Over the past few decades companies have been enticed with cheap rates, encouraged by the fed and governments, to capitalize their productivity to supply an inflated/manipulated demand.  If it wasn't for all of this cheap rates, producers would not have incorrectly over capitalized.  For currency:  We live in a world where many of the products we buy/sell are made with imported and domestic parts.  So cheapening our currency will also increase the prices of the goods we buy at Walmart, Best Buy, Apple stores etc.  If we lived in a country/society where domestic products are truly domestic made and resourced then there would be some benefit to devalue our currency for gain of export.  Besides, like you said, I doubt other countries are just going to sit idle and watch us continue printing money to make our dollar worth less... they will respond the same way.  Regarding supply and demand, it is a circle... so supply needs to also be cheap enough to encourage people to demand it.  So giving money to people so they spend it is not going to fix anything.  For Gators:  Go Gators!"}
{"_id": "325610", "title": "", "text": "aptera got over 100 mpg and was not a hybrid.  it was available in gas or pure electric.  it needed no change infrastructure at all. It was classified as a motorcycle. (all three wheelers are and there are huge numbers of three wheelers onthe road.)"}
{"_id": "325612", "title": "", "text": "I'm going to diverge from most of the opinions expressed here. It is common for financial advisors to assume that your portfolio should become less risky as you get older.  Explanations for this involve hand-waving and saying that you can afford to lose money when young because you have time to make up for it later.  However, the idea that portfolios should become less risky as you get older is not well-grounded in finance theory.  According to finance theory, regardless of your age and wealth, returns are desirable and risk is undesirable.  Your risk aversion is the only factor that should decide how much risk you put in your portfolio. Do people become more risk averse as they get older?  Sometimes.  Not always.  In fact, there are theoretical reasons why people might want more aggressive portfolios as they age.  For example: As people become wealthier they generally become less risk averse. Young people are not normally very wealthy. When you are young, most of your wealth is tied up in the value of your human capital.  This wealth shifts into your portfolio as you age. Depending on your field, human capital can be extremely risky--much riskier than the market.  Therefore to maintain anything like a constant risk profile over your life, you may want very safe investments when young.  You mention being a hedge fund manager.  If we enter a recession, your human capital will take a huge hit because you will have a hard time raising money or getting/keeping a job.  No one will value your skills and your future career prospects will fall. You will not want the double whammy of large losses in your portfolio. Hedge fund managers are clear examples of people who will want a very safe personal portfolio during their early working years and may be willing to invest very aggressively in their later working and early retirement years. In short, the received wisdom that portfolios should start out risky and get safer as we age is not always, and perhaps not even usually, true.  A better guide to how much risk you should have in your portfolio is how you respond to questions that directly measure your risk aversion.  This questions ask things like how much you would pay to avoid the possibility of a 20% loss in your portfolio with a certain probability."}
{"_id": "325631", "title": "", "text": "Hey man. First of all, having a firm understanding in SE is a blessing! Finance firms are actively looking to hire with software engineering skills from tech. The closer to your background skills, the easier it will be to get a job. If you don't want to be a programming drone for Goldman, i'd say algo trading or being a quant at a hedge fund would be an awesome gjg. If you definitely want to do investment banking (m&amp;a/ibd), focus on spinning your story and background targeting tech companies.   Just make sure you know why you want to go into finance and that role vs SE. Make sure you truly try to understand what investment banking/algo trading is and can explain it to your grandma. Above all, network, network, network. Good luck."}
{"_id": "325633", "title": "", "text": "As others have stated, it will be very difficult for you to turn your friend around. He has already demonstrated great commitment. What can I do? There may be other people (perhaps mutual friends of you and this man) who are in danger. He may try to get them into this (as he apparently tried to with you). If this was me, I would try to warn the mutual friends of me and him. It's easier to get to them before they have been exposed to the brainwashing. So I would: Yes, I realize this means you're going behind his back, talking to his friends, etc. But I believe these people also deserve to be warned. They are in danger of being adversely affected by what he is doing."}
{"_id": "325647", "title": "", "text": "is There Anyway I can Avoid losing 6-10% per Trade. As My Current Investment House Has Charged & will Be taking 5% hit quarterly If Left Untouched  Stop trading penny stocks.  Take your investment elsewhere and put it in a low-fee index fund ETF.  You'll probably get a better return on your money."}
{"_id": "325669", "title": "", "text": "The company's value (which should be reflected in the share price) is not how much money it has in the bank, but something along the lines of 'how much money will it make between now and the end of times' (adjusted for time value of money and risk). So when you purchase a share of a company that has, say, little money in the bank, but expects to make 1M$ profit this year, 2M$ for the following 3 years, and say, nothing after, you are going to pay your fraction of 7M$ (minus some discount because of the risk involved). If now they announce that their profits were only 750k$, then people may think that the 2M$ are more likely to be 1.5M$, so the company's value would go to ~ 5M$. And with that, the market may perceive the company as more risky, because its profits deviated from what was expected, which in turn may reduce the company's value even further."}
{"_id": "325677", "title": "", "text": "Mods decided to leave it here, so I'll summarize some of my answers on this question given @OnStartups. You can find them here, here and here. Your options are : You and your business are one and the same. You report your income and expenses for taxes on a Schedule C (for each sole proprietorship a separate schedule), and taxed at your personal rates. There's no liability protection or legal separation between you and your business, and you don't need to have any bureaucratic overhead of managing an entity. You can use your own bank account and have checks written to you directly. You can register for DBA if you want a store-front name to be different from your own name. Depending on State, can cost a lot or close to nothing. Provides certain liability protection (depending on State, single-member and multi-member LLC's may have different liability protections). You can chose to be taxed as either a sole-proprietor (partnership, for multi-member) or as a corporation. You have to separate your activities, have a separate bank account, and some minimal bureaucracy is required to maintain the entity. Benefits include the limited liability, relatively easy to add partners to the business or sell it as a whole, and provides for separation of your personal and business finances. Drawbacks - bureaucracy, additional fees and taxes (especially in CA), and separation of assets. Corporation is an entirely separate entity from yourself, files its own tax returns, has separate bank accounts and is run by the board of directors (which in some cases may require more than 1 person to be on the board, check your state laws on that). As an officer of the corporation you'll have to pay salary to yourself. S-Corp has the benefit of pass-through taxation, C-Corp doesn't and has double taxation. Benefits - liability protection, can sell shares to investors, legally distinct entity. Disadvantages - have to deal with payroll, additional accounting, significant bureaucracy and additional layer of taxes for C-Corp (double taxation). Selling corporate assets is always a taxable event (although in your case it is probably not of an importance). You have to talk to a lawyer in your state about the options re the liability protection and how to form the entities. The formation process is usually simple and straight forward, but the LLC/Partnership operating agreements and Corporation charters/bylaws must be drafted by a lawyer if you're not going to be the sole owner (even if you are - better get a lawyer draft something for you, its just easier to fix and change things when you're the sole owner).  You have to talk to a CPA/EA in your state about the taxes and how the choice of entity affects them."}
{"_id": "325682", "title": "", "text": "/ in relative to the Tesla's performance, and current inflation.  They can split and reverse split at anytime the board decides without any regard to inflation or performance.   OP points to Tesla at 350- he doesn't point to PE. It makes no differences what the price of one share is. If they split 10 for 1 it would be 35- but what difference does that make- the PE remains the same. OP does not understand value- only price."}
{"_id": "325684", "title": "", "text": "Probably, but it's almost certain that the legal and tax opinions really on assumptions of how the business was operated (without independent verification) and it sounds like they may have not actually been operating in the manner required for the tax structure to work."}
{"_id": "325696", "title": "", "text": "\"Google that \"\"valid for work...\"\" phrase. You'll find that you have a SSN;  it is valid for many purposes;  it is valid for obtaining work, only when accompanied by DHS authorization. Doesn't anyone know how to use commas anymore?\""}
{"_id": "325708", "title": "", "text": "\"The common way to frame the \"\"should I sell\"\" question is ask yourself \"\"would you buy it today at the current price\"\".  If you wouldn't,  sell it. Is sounds like this may be a paper certificate.  You will have to research how to present the certificate to a broker to trade it, or if the company has a direct shareholder program.  I have periodically been offered to sell \"\"odd lots\"\" to shareholder programs which, if one exists, may be less hassle than other options.  As a part of this, your mother's estate administrator should decide if the estate is selling it's interest, or giving it's interest to heirs before the sale.\""}
{"_id": "325713", "title": "", "text": "There are 2 parties when we say credit card companies: The bank that gives you a card & VISA/Mastercard For a Bank the revenues generally come from: For VISA/Mastercard the revenue is from: P.S. Have not covered American express here but in short it is a combination of the above 2 models"}
{"_id": "325722", "title": "", "text": "I would suggest the use of a management company to handle a rental property.  They will take care of things like collecting rent, coordinating repairs and all the little things that come up when dealing with a renters.    They typically charge a percentage of the rent or a flat fee, so make sure you include that in your rent calculation.  You take a little bit of a financial hit, but save a lot of head aches - especially if you decide to acquire multiple properties in the future."}
{"_id": "325734", "title": "", "text": "While it's possible that the dollar could lose its grip as the global currency, it's unlikely that it will be quickly supplanted by another.  The world might simply see a a paradigm shift towards the use of whatever currency suits whichever counterparty at any given moment."}
{"_id": "325751", "title": "", "text": "Only one of us has flown off the handle spewing silly accusations.  Take a look at what you wrote, read it. Take a look at what I wrote and read it.  One of us has gone into extreme assumptions about character and motive. The other made a snide comment at best then addressed the concerns listed."}
{"_id": "325754", "title": "", "text": "There is a very steep learning curve in any area of finance. I have no idea what all goes into a PhD in a hard science but, if you're worried about the math and programming stuff, I would look at Pharma and Biotech coverage groups. Reach out to people in the space and see what they say. Also, leverage the Alumni network from your school as you can probably make some headway with the schools you named."}
{"_id": "325779", "title": "", "text": "What if this was stacked on top of an across the board cut?   You'd cut speculative risk with the elimination of the internet deduction, get  tax relief, and allow the companies who are willing to take risks to have an advantage of those who don't want to innovate."}
{"_id": "325787", "title": "", "text": "If you don't need leverage, then it's a better idea to just buy the underlying sock itself. This will net you the following benefits: Leverage is for speculating. If you don' want to be leveraged, then invest long term."}
{"_id": "325808", "title": "", "text": "5 years is very short term, and since you are sure you'll need the money, investing it into the markets should probably not be done. You can toss it in Ally bank for 1% or consider a 5 yr raise your rate CD A decent write-up on time horizons: http://www.investopedia.com/articles/investing/110813/using-time-horizons-investing.asp If you want to go the stock/bond route you can assess the benefits of using something like a vanguard target date fund, or a roboadvisor such as wealthfront or betterment. You need to assess whether you think you may move up your time horizon, say you want to buy a house in 4 years, or, if it is 5 years, are you ok with it being 6.5-7 if there is a market downturn."}
{"_id": "325815", "title": "", "text": "What you are looking here is the cost of capital, because that is what you are effectively giving up in order to invest in those loans. In a discounted cash-flow, it would be the *i* in the denominator (1+*i*). For instance, instead of purchasing those loans you could have lent your money at the risk-free rate (not 100% true, but typical assumption), and therefore you are taking a slight risk in those loans for a higher return.  There are several ways to compute that number, the one most often used would be the rate if the bank were to lend that money. In this way, it would be the Fed Funds rate plus some additional risk premium."}
{"_id": "325818", "title": "", "text": "There are a number of ways this can result. In a broad ETF, such as SPY, the S&P 500 spider, the S&P index will have 500 stocks no matter what, so a buyout would simply result in a re-shuffling of the index makeup. No buyout will happen so quickly that there's no time to choose the next stock to join the index. In your case, if the fund manager (per the terms of the prospectus) wishes to simply reallocate the index to remove the taken-over stock that's probably how he handle it.  Unless of course, the prospectus dictates otherwise. In which case, a cash dividend is a possible alternative."}
{"_id": "325834", "title": "", "text": "Amazon sells 65% of *all new books* sold on the internet, print or digital. When you control that much of the market, it's easy to use your size to extort your suppliers to agree to your terms. It's more similar to how Comcast is using it's market position to force Netflix to agree to their pay them extra money in order to have adequate performance on their network.  Regardless of their size, a disagreement about *ebook* pricing should not affect the sale, price, or visibility of Hachette's *print* books already on their site. But Amazon has removed the ability to preorder Hachette's print books, raised prices on existing books, and decreased the visibility of the publisher's books."}
{"_id": "325865", "title": "", "text": "For accounting purposes, consider the costs of acquisition as part of the cost of the asset as opposed to expensing.  This will be important to consider if you need to amortise the asset for reporting or tax purposes. Dr. Land $250,000 Dr. Building: $250,000 Cr. Cash $500,000 The acquisition of the land from previous owners. And Dr. Land $12,500 Dr. Building $12,500 Cr. Cash $25,000 Fees paid to auctioneer who helped acquire the land. The basis for dividing the cost should be done at appraised prices.  These appraised prices will appear in the first entry and should help you along."}
{"_id": "325866", "title": "", "text": "\"Or here's a better idea: don't have a credit card at all.  They offer no real benefits and plenty of dangers.  Don't take my word for it, though: \"\"I tell every student class I get, high school students, university   students, you know, they'd be better off if they never used credit   cards\"\"   - Warren Buffet (Net worth: $44 billion) Before anyone says anything about using credit cards \"\"wisely\"\" and getting the rewards points, I can save 15% on many kinds of large purchases ($100+) using cash.  You won't find a reward system offering that level of incentive.  Two recent examples of cash discounts: After I bought my house I needed a lawnmower and a my wife wanted a new vacuum cleaner.  Went to Lowe's and found the ones we wanted.  They were $600 combined.  Found the manager, stuck five $100 bills in his hand and said \"\"this is what I have, and that is what I need.\"\"  16.6% saved. Bought my daugher a bed recently. Queen box spring and mattress were on sale for $300 but it didn't come with the rails, which they wanted $50 extra for.  Went to the bank and got $320 in cash from the bank, walked in, set it in his hand and said, \"\"I need the bed box spring and rails, tax included.\"\"  He replied, \"\"Sorry man, I can't.  I'm already taking a loss on...\"\" Then he stopped mid sentence, looked down at the cash again and said \"\"Hold on. Let me ask my manager.\"\" Manager walks over, guy explains what I said, manager looks at the cash and says \"\"Make it happen\"\"  14.3 % saved. As for purchasing a home, it is a myth that you need a credit score to obtain a mortgage for a home.  Lending institutions can do manual underwriting instead of just relying on your credit score.  It is a little tougher to do and banks usually have stricter requirements, but based on the information the OP has given in this and other questions, I think he can easily meet them.\""}
{"_id": "325869", "title": "", "text": "\"&gt; I'm sure if you post an ask reddit asking about people who smoke and what they do for a living you will be outright amazed at the cross section you find.  And you'll be amazing at home many kids that are 30 and living at home there are as well. Its known to cause a lack of motivation.  The thing is, the daily smokers are the problem and most professionals aren't daily smokers.   &gt; Now, that anecdotal evidence is not super compelling as there are confounding factors. But it's far more compelling than \"\"This is how it is because this is how I feel it is\"\", which seems to be the gist of your responses.   My undergrad degree is in psychology and the whole field agrees with what I'm saying. Like you said, the data set (you and your friends) you are using is too small AND who said you couldn't make more money if you didn't smoke? I'm not saying you would or wouldn't, but you can't use your argument unless you can prove that you wouldn't make more money if you didn't smoke. You would need to compare you to you.   There are many other important factors as well you are ignoring. Do I want a happy employee or one that is so broken he needs to use drugs to take the edge off and make it from one day to the next?  And why should I risk millions in lawsuits from an impaired employee? I would also get sued for negligence if I have impaired employees working with machinery or anything that can hurt them or others and I don't test them.   &gt; But it's far more compelling than \"\"This is how it is because this is how I feel it is\"\", which seems to be the gist of your responses.  Like I said, there is a whole field of science that supports what I'm saying. I'm not making an argument based on feelings, its based on data.\""}
{"_id": "325881", "title": "", "text": "Perhaps you take it a step further and go cash only.  Cash only will make it just another step harder to spend your cash. Also split your money into multiple accounts.  Checking that auto pays bills, a savings, and an investment account. You have to want to change to change.  Post a blog and public calendar with your expenses and that might make you think twice about spending your money.  If you don't want to tell everybody else, maybe you don't spend it. Perhaps see a shrink too.  You need help identifying patterns before you do them, and having insight into your motivations could help.  I am not saying go forever, but perhaps a few sessions or a couple of months.  You might be addicted to spending.  Join a group and talk about it."}
{"_id": "325891", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/world/2017/oct/03/netanyahu-backs-annexation-of-west-bank-settlements) reduced by 76%. (I'm a bot) ***** &gt; Israel&amp;#039;s prime minister, Benjamin Netanyahu, has backed legislation that would in effect annex settlements in the occupied Palestinian territories that are home to between 125,000 and 150,000 Jewish people.  &gt; Observers have noted an increase in visits by Netanyahu to settlements in the occupied territories since Donald Trump was sworn in as US president in January.  &gt; The Palestinians seek the West Bank, captured by Israel in the 1967 Middle East war, as part of a future independent state, and consider all of Israel&amp;#039;s settlements to be illegal - a position that is widely shared by the international community.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74gfm2/netanyahu_backs_annexation_of_19_west_bank/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~222602 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **settlement**^#1 **Netanyahu**^#2 **Israel**^#3 **Jerusalem**^#4 **Adumim**^#5\""}
{"_id": "325892", "title": "", "text": "\"Its a broker fee, not something charged by the reorganizing company. E*Trade charge $20, TD Ameritrade charge $38. As with any other bank fee - shop around. If you know the company is going to do a split, and this fee is of a significant amount for you - move your account to a different broker. It may be that some portion of the fee is shared by the broker with the shares managing services provider of the reorgonizing company, don't know for sure. But you're charged by your broker. Note that the fees differ for voluntary and involuntary reorganizations, and also by your stand with the broker - some don't charge their \"\"premier\"\" customers.\""}
{"_id": "325904", "title": "", "text": "In addition to what has been said, gift cards with a credit card logo (which is what I am assuming you mean here) do not have an address associated with them. That means that if you try to use one at a merchant that users address verification (common in online purchases), the transaction will fail.  In my experience with an American Express branded gift card, I was able to call the number on the back and they added an address to the card so that it would work. It seemed like this was a common and well known issue.  Because the gift card is not associated with any person, no verification is needed to add that address, you can give them any address you want.  Also I believe that the card numbers in use for gift cards are specific, that is you could tell that a card is a gift card based on the number alone. That means it is likely possible for a merchant to reject those gift cards while still accepting other cards from that network.  This is likely for certain transactions. For example,  a hotel or car rental agency requires a credit card for incidentals, and it's likely that the system itself will outright reject a gift card even if it has enough on it for the initial hold.  As for debit cards, I think there are far fewer issues with acceptance, other than the aforementioned hold issues described in another answer."}
{"_id": "325905", "title": "", "text": "Perhaps where we are losing touch is in how income inequality is being measured. What I'm saying is how much more wealthy the top 10% is than the bottom 10%, in real numbers, not by ratio. The United States, and other modern democracies with free markets, absolutely annihilate these smaller less free nations. Although places like Honduras, South Africa, and Bolivia have gigantic inequality by ratio, that primarily because the poor are SO poor in those nations.  For instance, if one man makes $100 a year, and another makes $100,000, the difference is $99,900 in real numbers, but 1000 *times* as much. However, If a man makes $10,000 a year where another makes $1,000,000, it is only 100 times as much, but the real number difference is $990,000. Although, by ratio, the poorer nation has greater income inequality, the wealthier nation has a far greater real gap between the upper and lower class. Measuring income inequalities both ways has it's purpose, but to judge by only the ratio often gives false impressions. Often, the false impressions given are intentional, as in the case of the UN which has a markedly anti-Capitalism lean in its bureaucratic membership.  Try rereading my original statement with how I am measuring income inequality in mind."}
{"_id": "325906", "title": "", "text": "\"The profits that the corporation had to earn to be able to pay you \"\"eligible\"\" dividends for the dividend tax credit were already taxed, and at a somewhat high corporate rate, in the case of large public companies with big profits. The dividend tax credit, which permits an individual to earn a lot from dividends and not pay any personal income tax, essentially recognizes that the profit making up the dividend was already highly taxed to begin with via corporate income tax.  It aims to eliminate double-taxation. FWIW, if you own and run a small private business in Canada and pay yourself a dividend, such dividends are considered \"\"non-eligible\"\", i.e. you don't get as much a benefit from the dividend tax credit, since small business corporate income tax rates are much lower.\""}
{"_id": "325934", "title": "", "text": "Ideally, you would be correct.  There is an inverse correlation between wages and turnover rate... to a point.  We live in an economy where, unfortunately, there is a ready supply of labor to take the place of those who quit or otherwise leave the company.  This brings the value of your current employees down."}
{"_id": "325952", "title": "", "text": "&gt; if the government had access to that capital that this guy is clearly withholding by not paying his fair share, *they would engage in more productive ventures*.  I don't know if that's necessarily true.  Government doesn't always spend money better than private entities, and private entities don't always spend money better than government.  I'd much rather see this research going on than more money going to beef up our military, but I also think this guy should pay his fair share of taxes like everyone else."}
{"_id": "325956", "title": "", "text": "I'm confused.  Is it that the DRM prevents you from freely distributing the books after you've bought them or what?  My wife and I share an account so we can share books.  There's  a lending feature with Amazon that lets you lend many books.  Many libraries already have lending programs that Amazon (and other e-readers) work with.  Amazon has a fledgling lending program (which my wife is actually using for the first time).  DRM is really really not a big deal for me or anyone else I know with a kindle.  Add to that I'm largely reading books that cost less than four dollars from new authors who aren't writing full time.  I want to support them so they'll keep making content I want.  Some DRM helps keep their work from being freely distributed."}
{"_id": "325973", "title": "", "text": "Since you ask.... How do I do it? My frugality doesn't come from budgeting or even half so much from keeping money away from myself (though mostly-one-way retirement accounts help). It's a matter of world-view. Spending and shopping for things you don't need is a vice. Limit your indulgence in it. I've also made wasteful purchases in my life. When I find myself considering buying something that I don't really need, I ask myself whether it will end up like... like the stupid eyeglass cleaner gadget from the Sharper Image that I used twice. Or the Bluetooth earpiece that spent 98% of its time lost and .02% of its time in my ear. Or the little Sony VAIO laptop which was great on the train, but probably cost 8 times as much as an EeePC and didn't do way too much more. (In my defense on that one, it was just before netbooks were really taking off... but I still felt bad about it the next year). I've also got two savings goals. The first is responsible and very big (financial stability: a year's expenses plus money for a down payment on a house. a California house. in a good neighborhood.) The second is personal and just medium-big (a large musical instrument). I've decided not to spend money on the second until I'm financially stable and I have enough money to take care of the first... so that makes me more willing to scrimp and save to pursue the first than I would be otherwise. Advice for others? Ask yourself: Why are you buying that thing? You can survive without it, can't you? You didn't need it a week ago, did you? Does the old one have holes in it or something? Or will you at least use it regularly, for years? Why aren't you buying the cheaper kind? Or buying it used?"}
{"_id": "325978", "title": "", "text": "Get the Aromatherapy Necklace at the cheapest price that gives you a unique look. These necklaces are made of high quality material which is durable for long time. The Izzy Bell Boutique has a large collection of necklace and pendants, you will feel better after wearing these necklaces.  The Aromatherapy diffuser necklace made by Izzy Bell Boutique is unlike others you will find anywhere else.  The aromatherapy necklace diffuser pendant made by Izzy Bell Boutique is unlike others you will find anywhere else.  We offer a large selection of diffuser necklaces, diffuser bracelets, earrings, and accessories. You can choose stainless steel, leather, and lava stone options. The diffuser Jewelry for women, men, and kids."}
{"_id": "326006", "title": "", "text": "\"I don't think she learned it \"\"on the job\"\" and she can't learn it... if your your main interest is composing music, for a bachelor and master's degree.  As an IT professional, with a bachelor and master in IT areas, I cannot and would not learn \"\"on the job\"\" how to compose music.  Do you understand what I am trying to say?\""}
{"_id": "326019", "title": "", "text": "I'm surprised nobody else has suggested this yet: before you start investing in stocks or bonds, buy a house. Not just any house, but the house you want to live in 20 years from now, in a place where you want to live 20 years from now - but you also have to be savvy about which part of the country or world you buy in. I'm also assuming that you are in the USA, although my suggestion tends to apply equally anywhere in the world. Why? Simple: as long as you own a house, you won't ever have to pay rent (you do have to pay taxes and maintenance, of course). You have a guaranteed return on investment, and the best part is: because it's not money you earn but money you don't have to spend, it's tax free. Even if the house loses value over time, you still come out ahead. And if you live abroad temporarily, you can rent out the house and add the rent to your savings (although that does make various things more complicated). You only asked for options, so that is mine. I'll add some caveats. OK, now here are the caveats:"}
{"_id": "326020", "title": "", "text": "\"If you look at the biotech breakdown, you'll find a lot of NAs when it comes to P/E since there are many young biotech companies that have yet to make a profit.  Thus, there may be something to be said for how is the entire industry stat computed. Biotechnology can include pharmaceutical companies that can have big profits due to patents on drugs. As an example, look at Shire PLC which has a P/E of 1243 which is pretty high with a Market Capitalization of over a billion dollars, so this isn't a small company.  I wonder what dot-com companies would have looked like in 1998/1999 that could well be similar as some industries will have bubbles you do realize, right? The reason for pointing out the Market Capitalization is that this a way to measure the size of a company, as this is merely the sum of all the stock of the company.  There could be small companies that have low market capitalizations that could have high P/Es as they are relatively young and could be believed to have enough hype that there is a great deal of confidence in the stock.  For example, Amazon.com was public for years before turning a profit.  In being without profits, there is no P/E and thus it is worth understanding the limitations of a P/E as the computation just takes the previous year's earnings for a company divided by the current stock price.  If the expected growth rate is high enough this can be a way to justify a high P/E for a stock.  The question you asked about an industry having this is the derivation from a set of stocks.  If most of the stocks are high enough, then whatever mean or median one wants to use as the \"\"industry average\"\" will come from that.\""}
{"_id": "326029", "title": "", "text": "This would be governed by bankruptcy law... there is no reason a healthy company would take such action. This would be a long drawn process generally amongst debtor the taxes have higher claim, then Sunday debtors (payable), then bank loans... This is followed by loan raised by company deposits then debentures... even among share holders there can be special shares...  More often most shares are equal and the balance is distributed to all."}
{"_id": "326045", "title": "", "text": "Interesting article. I know that this might not be a popular opinion here but here goes....  It can be argued that retarding the economy was a major goal of the Fed in the first place. To prevent the unrestrained runs that 1913-1929 saw which resulted in thousands of investors losing everything.   Its true that JP saved the day before the Fed existed but having a government institution do so is an attempt to prevent favoritism from occurring in times of crisis.  Yes it could be argued that even in this last crisis favoritism existed as firms like Lehman and Bear were left to die while others were backstopped but I think that has more to do with the interrelationships of those in politics with those in banking.    Our global banking system relies on the assumption that not every depositor will want to want to withdraw their funds at the same time. Having a depositor of last resort (the Fed) ensures that even when the population at large panics and withdraws funds the loans that those deposits funded will continue to exist and the broader funding of the businesses that drive the economy will continue.   Yes the governance is not always perfect and I would agree that on some level the Fed's policies are capable of handicapping the economy but by and large I think the institution has been a success as evidenced by the continued functioning of our banking system despite a large swath of the population losing wealth in the housing market."}
{"_id": "326052", "title": "", "text": "If you want to decrease economic inequality:  1. Decrease and eventually eliminate funding the government with debt. This borrowing is pushing exaggerated growth beyond what is sustainable causing money to be put into the economy that doesn't have enough places to go except trickle up to the top without the repercussion of increased inflation.  2. Eliminate software patents, and decrease the ability of patents, copyrights and trademarks from creating artificial government enforced monopolies. This will let the regular person compete with big money."}
{"_id": "326068", "title": "", "text": "What the chart does not show  * Type of product exported (lead toys vs. luxury cars) * Damage to environment and workers in the production process * Size of lablourforce  In a related discussion I really don't get why it is supposed to be a good thing to bring dirty, low paying labour back to the USA."}
{"_id": "326082", "title": "", "text": "\"Although now there are \"\"welcome\"\" banking packages when I landed in 2008 I couldn't find any and Vancity gave me a secured visa nonetheless. Let me emphasize: I didn't have a credit history, score at all. I doubt this changed much. The bank has zero risk.\""}
{"_id": "326086", "title": "", "text": "\"&gt;histrionic  Holy shit that is a great word. Nice one!  &gt;I never said ACA was perfect.  The ACA is designed to fail within 10-15 years. It is, and was, completely insolvent from the beginning. For Progressive Democrats, the end game has always been a 'single payer' system that entirely neuters free choice for patients and practitioners. The fact that the ACA warranted a \"\"mandate\"\" of coverage by law and threat of penalty is a dead give away that they knew this all along and did it anyhow.  &gt;They've lied about it since ... when Reagan ... was telling everyone how communist Medicare was.  Medicare is socialist/communist. Reagan was not wrong. Now that is not to say that ensuring citizens over 65 and ensuring a social safety net is not a good and righteous endeavor. The problem is that the system has been revised and co-opted to provide service to so many individuals that were never intended or designed for. At this point, the system is overburdened and ~~its~~ *the* expansion of Medicaid by Democrats in the ACA legislation was irresponsible and a detriment to the overall effectiveness of Medicare services for our vulnerable and elderly.  &gt;the GOP is absolutely far worse.   That, my friend, is a matter of opinion that we will just have to disagree on.  &gt;I spend a lot of time in these nations we're told whose \"\"socialized\"\" medicine is failing the people.  I have spent a lot of time in \"\"actual\"\" Socialist nations and I can assure you that the free market system that puts an emphasis on choice and freedom is a vastly superior option regardless of who or what you come from.  &gt;Loud or long posts don't make you right. Just makes you more wrong.  Trying to cast disparity against an opposing viewpoint does not make you correct, it just makes you a condescending ass hole.\""}
{"_id": "326094", "title": "", "text": "\"Yes, it can be a good idea to close unused credit cards.  I am going to give some reasons why it can be a good idea to close unused accounts, and then I will talk about why it is NOT necessarily a bad idea. Why it can be a good idea to close unused accounts \"\"I'd like to close the cards.\"\"  That is reason enough.   Simplifying your financial life is a good thing.  Fewer accounts let you focus your energy on the accounts that you actually use. Unused accounts still need to be monitored for fraud. You mentioned that you have high credit card balances that you are carrying.  This may indicate that you have trouble using credit responsibly, and having more credit available to you might be a temptation for you. If these unused cards have annual fees, keeping them open will cost money. Unused cards sometimes get closed by the bank due to inactivity.  As a result, the advice often given is that, in addition to not closing them, you are supposed to charge something to it every month.  This, of course, takes more of your time and energy to worry about, as well as giving you another monthly bill to pay. Why it is NOT necessarily a bad idea to close unused accounts Other answers will tell you that it may hurt your credit score for two reasons: it would increase your utilization and lower your average account age.  Before we talk about the validity of these two points, we need to discuss the importance of the credit score. Depending on what your credit score currently is, these actions may have minimal impact on your life.  If you are in the mid 700's or higher, your score is excellent, and closing these cards will likely not impact anything for you in a significant way. If you aren't that high in your score yet, do you have an immediate need for a high score?  Are you planning on getting more credit cards, or take out any more loans?  I would suggest that, since you have credit card debt, you shouldn't be taking out any new loans until you get that cleaned up.  So your score in the mean time is not very important. Are you currently working on eliminating this credit card debt?  If so, your utilization number will improve, even after you close these accounts, when you get those paid off.  Utilization has only a temporary effect on your score; when your utilization improves, your score improves immediately. Your average account age may or may not improve when you close these accounts, depending on how old they are compared to the accounts you are leaving open.  However, the impact of this might not be as much as you think. I realize that this advice is different from other answers, or other things that you may read online.  But in my own life, I do a lot of things that are supposedly bad for the credit score: I only have two credit cards, ages 2.5 and 1.5 years.  (I closed my other cards when I got these.)  My typical monthly utilization is around 25% on these cards, although I pay off the balance in full each month, never paying interest.  I have no car loan anymore, and my mortgage is only 4 months old.  No other debt.  Despite those \"\"terrible\"\" credit practices, my credit score is very high. Conclusion Make your payments on time, get out of debt, and your score will be fine.  Don't keep unwanted accounts open just because someone told you that you should.\""}
{"_id": "326099", "title": "", "text": "AAAA Quality Garage Door installs, repairs, replaces, and maintains garage doors and garage door openers for customers throughout Contra Costa County. The family-owned and operated company has experience working on all types of garage doors, but it has special expertise in carriage house, metal, home entry and commercial garage models."}
{"_id": "326102", "title": "", "text": "\"&gt;\"\"When the city raised minimum wage for large employers from $9.47 to $11 we see an increase in wages, but don't see a statistically significant decline in hours worked,\"\" he said.  Thanks bot, you just countered the headline!\""}
{"_id": "326107", "title": "", "text": "Imagine how out of touch you have to be to say that no one is forced to work there.  Not only do you have to ignore a little something called the unemployment rate (after all, you need money to eat and live in capitalist society), but it also requires ignoring what was Wal-Mart's business model for so long: moving into small towns, putting everyone out of business.  I suppose maybe some workers could go get jobs in the local prison..."}
{"_id": "326109", "title": "", "text": "This is a junk article with a junk assumption. We have higher levels of debts today, but we have low rates of defaults. We don't have NINJA loans coming to an end in 6 months where the default rate suddenly doubles and triples. We don't have massive amounts of swaps against mortgages or even other forms of private debt skyrocketing. Moody's and S&amp;P review process was totally revamped.  If this article could get beyond basic theory and talk about specifics, it might be able to make a point, but instead it lost me after 2 paragraphs."}
{"_id": "326115", "title": "", "text": "Here are some plausible reasons why markets might continue to close:"}
{"_id": "326120", "title": "", "text": "\"Bernie: From what I read, I thought it was something like a fixed % on each.  You are right, there does need to be an enforcement agency, however, I do not believe it has to be government.  I think SROs like FINRA and SEC need to exist. However, there is no reason to believe that they couldn't exist without government.  Please don't even get started on Kansas. Trust me I know it far too well. I do not like Brownback, but his \"\"tax experiment\"\" was by no means what he was claiming/republicans claim.  He lowered taxes (sounds great) on businesses (wrong policy) mainly LLCs and LPs. While it was nice for some farmers and smaller business owners to not have to pay those taxes. However, there was an actual increase is KS sales tax from 6.15% to 6.5% which will obviously further disincentive buying. It wasn't much of a detaxation for regular people.  Here is what I do not understand, if you are going to stimulate growth, it should be done with the consumers. The consumers are what creates the demand for business products/services. I've always been a proponent of expanding the standard deduction, perhaps even adding back county and local sales tax deductions (or other regressive taxes), etc.  To all of my knowledge, I don't know of really any big deregulation they have done here. They did not shut down schools, there were schools that had to at some points but that option on the table but I do not believe any ever did.   Since the DOE has been created, test scores have virtually been flat despite increasing education spending nationwide by 4-5x.  My high school spent tens of thousands of dollars on Macbook Pros and iPads the same year they started having these \"\"big\"\" paper shortages. The students screwed around on the computers and tablets, we didn't use them for anything, and besides even if we did. Studies show that using them doesn't really help anyway. Schools/school boards do not know how to appropriate funds whatsoever.  There is no reason to believe that increased school funding helps students learn any more than others. In fact more funding per student goes to a lot of inner city schools than rural in the state of KS and they actually school a slight negative return.  I agree, and I will if become rich enough to first sustain myself I will, or perhaps I will move to Peter Thiel's seasteading island\""}
{"_id": "326125", "title": "", "text": "The share-price weighting of the DJIA is a historical artifact.  The DJIA remains share-price weighted today because that's the way it has always been done, and we're talking about an index with more than a hundred years' history.  The DJIA was first calculated on May 26, 1896. Perhaps, back then, price-weighting was the most straight-forward & feasible way to calculate it each day.  You're right that it doesn't make a lot of sense, and that's why the S&P500 and other indexes are better barometers."}
{"_id": "326128", "title": "", "text": "You can use Google Finance Stock Screener for screening US stocks. Apparently it doesn't have the specific criterion (Last Price % diff from 52 week low) you are (were!) looking for.  I believe using its api you can get it, although it won't exactly be a very direct solution."}
{"_id": "326129", "title": "", "text": "I would not be overly concerned unless they started contacting you directly on your personal time or it showed up on your credit report.  It is very likely that you are listed simply for their own records. This is correct for them to do, since you spoke to them in the past as an agent of your company. There should not be any legal connection to your personal finances.  If it continues to be a concern, I would question whether I wanted to work for such an employer. I do not know your entire situation, but this kind of misbehavior is a red flag if not addressed."}
{"_id": "326135", "title": "", "text": "Amazon certainly won't have a monopoly. Monopolies can rarely exist without one or two things. Government support or limited geographic area.   Amazon can't kill Walmart so at a minimum we will have a duopoly.  FedEx and UPS will adjust their business models and maybe even merge.   Amazon won't have a monopoly on self driving fleets. Uber and Lyft will increase freight. Google will probably buy an auto manufacturer and have their own fleet.  What we are seeing form are a handful of Titans that will fight this out for a very long time. Oligopoly here we come."}
{"_id": "326142", "title": "", "text": "Well that depends on how far down it goes. If someone calls for a 75% decline in the market next year, and instead it happens in 3 years, well it's still a good call in my books. If you listend and moved your money out of the market until that 75% fall hit, then invested in the market as it was very low, you'd be looking at an overall return of at least ~30% as the market rebounded which is decent for a 4 year return.  On the other hand if the market rose up 60% over 3 years, then fell 25%, the return on sitting on the sidelines wouldn't be worth it.  **EDIT** Appreciate any comments onto why I was downvoted. When I'm wrong I like to learn why!"}
{"_id": "326143", "title": "", "text": "I've worked on numerous restructurings in the o&amp;g space. I assure you that bankruptcy is not a magical process of wiping away debt. It's been extremely common over the last 3 years in the energy industry. It'd be far more aggressive to say that a business is valued at $5 billion when in reality they have $5 billion in debt that traded at pennies on the dollar."}
{"_id": "326152", "title": "", "text": "Pretty much the same thing that happened to target with their CIO. She was a former director of guest contact centers and vice president of guest operations at Target. She earned a bachelor's degree in retail merchandising from the University of Minnesota. CIO is a little different, but i feel you need to have a technology background to understand when someone is bullshitting you"}
{"_id": "326163", "title": "", "text": "\"BTW - there are other areas that are \"\"more\"\" big 4 accounting centric:  - Tax.  Tax strategy, tax compliance, etc.  - Compliance/Reporting.  SEC compliance/report.  SOX 404 compliance, etc.  And still others in finance that are more investment related:  - Treasury.  Management of cash balances, securities, hedging (currency, interest rates, short-term/overnight lending/borrowing functions).  Function is under the CFO.  - Pension fund mgmt.  Sometimes there is a pension fund within a company and they have hired investment managers to manage the fund.\""}
{"_id": "326167", "title": "", "text": "\"In the US: In the UK: You can set up a CAF (Charities Aid foundation) Charity Account. This allows you to donate to charities anonymously, while still allowing the recipient to benefit from Gift Aid (where they can reclaim the income tax you'd paid on the donation). You can even use this account to donate to overseas charities if you're donating at least \u00a3250. Or you can use a different intermediary such as BT MyDonate or The Big Give or another intermediary. See the Wikipedia article \"\"Comparison of online charity donation services in the United Kingdom\"\". In Canada: If there's a United Way charity in your country, it may have a donor choice program which may be able to forward a designated donation to any other charity in your country.  The United Way probably charges a fee for this service.  I'm not sure whether or not the United Way would be willing to keep you anonymous, and I'm not sure whether or not the United Way would add you to its mailing list.  More details may be available elsewhere online.\""}
{"_id": "326185", "title": "", "text": "&gt; If young Americans knew what was good for them, they would all be in the Tea Party.  The Tea Party is not a party. Its a faction of the Republican Party and on the FAR right side of the Republican Party.   If you are fiscally conservative and socially liberal, there really is no home for you in American politics."}
{"_id": "326191", "title": "", "text": "\"Business coaching can actually bring the much-desired changes to your business. Coach is a word which is from \"\"USA\"\", a Hungarian name that means news. Today, however, the word has a wider use and it basically means transportation of people from one point to the other where they desire to be succeeds\""}
{"_id": "326214", "title": "", "text": "\"I would not trust Zillow for an appraisal. The numbers I see on there vary a lot from real prices. I'm not sure I'd get a full appraisal either, as that means you \"\"know\"\" the value of the house and may be obliged to reveal it. I'd ask for the loan amount and see what the previous owner says.\""}
{"_id": "326225", "title": "", "text": "Note that this kind of entry on your credit record may also affect your ability to get a job. Basically, you're going on record as not honoring your commitments... and unless you have a darned good reason for having gotten into that situation and being completely unable to get back out, it's going to reflect on your general trustworthiness."}
{"_id": "326233", "title": "", "text": "I was joking--I thought you meant the freemium model so many publishers use.  Places like Facebook don't do it for two reasons:  1. They can make more money without it.  2. People aren't willing to pay for Facebook.  Other sites that offer real value--Pandora, for instance--offers subscription alternatives."}
{"_id": "326243", "title": "", "text": "I can't see how this is in the same category as the other B&amp;M disasters. Every time I go there to get a present for some kid my son knows last minute...there are lines to check out. I mean sure, that is a pretty simple observation, but stores are clean and busy, they don't appear to be on life support."}
{"_id": "326254", "title": "", "text": "Are you sure about that? I'm not saying this case falls into this category, but I also think there is a definitive right and wrong. The reaction is definitely subject to perception, but that doesn't necessarily mean there is no universal right and wrong."}
{"_id": "326256", "title": "", "text": "The warehousing services in Gurgaon are calculated solution to help you run your business competently. Here, we have a big network which will reach out to your business and provide you the most essential service which is paramount for the growth of your business. The team of professionals is very experienced at our company. They work to perform beyond the"}
{"_id": "326257", "title": "", "text": "Well, I was about to ask a similar question. Unless you get into stocks/mutual funds it seems like returns on less risky items such as CDs (certificate of deposit) are terrible. I don't think it is a good use of folks time to ask what a Roth IRA is.  We were considering buying a new car (~$20000 with zero down and 0.9% interest rate) but we drive maybe 6000 miles per year. We would be paying ~$550/month to park something in our garage. Our current car is sexless but absolutely reliable.  I am now looking elsewhere and may either invest the money in our house (i.e., refinishing upstairs) or paying down our debt. We have a home loan - $132,000 at 3.5% - and a student loan - $12,675 @ 3.375%.  Depending on the loan rate on your car, I would pay that down first. Alternatively, find a fee-only broker and drop around $500 for them to come up with a financial plan for you. They will probably recommend a Roth IRA with a specific mutual fund in mind. You'll need $2500 or so to open the Roth, contributions from there should be such that you can start/stop them on demand without fees."}
{"_id": "326259", "title": "", "text": "&gt;Other large retailers are reportedly requesting that service providers move away from AWS, the Journal said, citing technology vendors that work with retailers. Adding to the many growing conflicts of interest, Amazon has confirmed a number of retailers it competes with use AWS, for example GameStop.  This is actually a really solid point as Amazon enters literally every facet of life. It gets tougher and tougher to sell as conflicts of interest arise. It's difficult to see Amazon screw up anything, except that maybe there's a tipping point where large corporations (like say, Walmart) take extremely aggressive stances towards who it does business with."}
{"_id": "326261", "title": "", "text": "That's the nice thing.  You can read the details and even ask the requester questions just as a loan officer would.  You can also filter based on criteria.    For me, I filter out wedding expenses, trips, home improvement (not repair), vacations and most major purchases.  I tend to invest in refinancing (carefully), business expenses, renewable energy project, and educational expenses.  That's the nice thing about it, I can support the initiatives that I choose to support."}
{"_id": "326268", "title": "", "text": "\"I think it's hard to say. Companies are going to be much more likely to fail, but every now and then one will be knocked out of the park and become the next pintrest.  I do worry it will attract confidence men. It's easy to \"\"lose investor money to incompetence.\"\"\""}
{"_id": "326269", "title": "", "text": "Given that you have your emergency fund, and no other high interest rate debts (credit cards, etc.) you will want to put down at least enough to not have to pay Private Mortgage Insurance (PMI).  PMI is solely to protect the lender if you default.  It has no benefit to you.  It generally means that you will need at least 20% down.  After that, its a personal decision, depending on what else you are going to do with the money.  If you are the type to spend money frivolously if you have it, it might make sense to put as much down as you can.  If you think that you can invest the money and over the long-term make more than the historically low mortgage interest rates, it might make sense to invest.   One thing to keep in mind is that money that you put into the down-payment is relatively illiquid, meaning that it is hard to turn back into cash.  If you have large expenses in the future, like health problems or college for the kids, it might be better to have the money in something easier to turn into cash."}
{"_id": "326280", "title": "", "text": "Yes, money is created out of thin air, and it is a good and necessary thing. All money, even commodity money such as gold, is given value only by what can be traded for it. So in that sense *all* money is created out of thin air, because it represents the payment of a future debt. Money merely serves as IOUs between traders.  Who do you think should be responsible for adding money to the system? Inndividuals? Been tried, doesn't work so well. Individual banks? Been tried, doesn't work so well. Nation states? Works a lot better, although can still fail.  So far having a central bank issue money as an economy needs it for trade has been the most successful method to deal with who gets to issue the IOUs.  EDIT: see my post above on a little how and why it works as it does."}
{"_id": "326288", "title": "", "text": "\"I'd argue the two words ought to (in that I see this as a helpful distinction) describe different activities:   \"\"Investing\"\":  spending one's money in order to own something of value.  This could be equipment (widgets, as you wrote), shares in a company, antiques, land, etc.  It is fundamentally an act of buying. \"\"Speculating\"\":  a mental process in which one attempts to ascertain the future value of some good.  Speculation is fundamentally an act of attempted predicting.   Under this set of definitions, one can invest without speculating (CDs...no need for prediction) and speculate without investing (virtual investing).  In reality, though, the two often go together.  The sorts of investments you describe are speculative, that is, they are done with some prediction in mind of future value.   The degree of \"\"speculativeness\"\", then, has to be related to the nature of the attempted predictions.  I've often seen that people say that the \"\"most speculative\"\" investments (in my use above, those in which the attempted prediction is most chaotic) have these sorts of properties: And there are probably other ideas that can be included. Corrections/clarifications welcome! P.S. It occurs to me that, actually, maybe High Frequency Trading isn't speculative at all, in that those with the fastest computers and closest to Wall Street can actually guarantee many small returns per hour due to the nature of how it works.  I don't know enough about the mechanics of it to be sure, though.\""}
{"_id": "326290", "title": "", "text": "\"**2017 Shayrat missile strike**  The 2017 Shayrat missile strike took place on the morning of 7 April 2017, and involved the launch of 59 Tomahawk cruise missiles by the United States from the Mediterranean Sea into Syria, aimed at the Shayrat Airbase controlled by the Syrian government. The strike was executed under responsibility of U.S. President Donald Trump, as a direct response to the Khan Shaykhun chemical attack that occurred on 4 April.  The strike was the first unilateral military action by the United States targeting Ba'athist Syrian government forces during the Syrian Civil War. Trump stated shortly thereafter, \"\"It is in this vital national security interest of the United States to prevent and deter the spread and use of deadly chemical weapons.\"\"  The Syrian Air Force launched airstrikes against the rebels from the base only hours after the American attack.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^| [^Donate](https://www.reddit.com/r/WikiTextBot/wiki/donate)   ^] ^Downvote ^to ^remove ^| ^v0.28\""}
{"_id": "326305", "title": "", "text": "My daughter is two, and she has a piggy bank that regularly dines on my pocket change.  When that bank is worth $100 or so I will make it a regular high yield savings account.  Then I will either setup a regular $10/month transfer into it, or something depending on what we can afford. My plan is then to offer my kid an allowance when she can understand the concept of money.  My clever idea is I will offer her a savings plan with the Bank of Daddy.  If she lets me keep her allowance for the week, I will give her double the amount plus a percentage the next week.  If she does it she will soon see the magic of saving money and how banks pay your for the privilege. I don't know when I will give her access to the savings account with actual cash.  I will show it to her, and review it with her so she can track her money, but I need to know that she has some restraint before I open the gates to her."}
{"_id": "326310", "title": "", "text": "I wouldn't count on the hardware just disappearing.  Someone is going to capitalize on the business device market; microsoft just announced their new stuff, but they could pick up the hardware division anyway. There are rumors of Facebook moving into the hardware market, and the hardware engineers and research has to be worth something to someone to just buy out.  The market value of the company is dropping so much that it's be crazy to not chance it just to have a chance to get the engineers that have already been vetted by RIM. A lot of smart people were picked up by RIM in Waterloo; although I hear a lot went to Amazon and other biggest successful companies.  Tl;dr Just because there's no RIM doesn't mean blackberry style devices are extinct."}
{"_id": "326315", "title": "", "text": "Keep Your Passwords Updated - Passwords are at the core of hacking. Hackers either try to hack your password or exploit some other vulnerability to gain access to passwords, so make sure that all your passwords are completely random and not simple like 123456 or password. Log on http://tellemgrodypr.com/"}
{"_id": "326323", "title": "", "text": "That is false. If you obtain a judgment against the debtor then you have the legal right to recoup your money through liquidation of their assets. You can freeze their bank account, garnish wages, or even file a lien on their car or home."}
{"_id": "326329", "title": "", "text": "In the US we have social security taxes, where for a full time employee the company pays half and the employee pays half.  When you work as a business, what we call 1099 for the form that the wages are reported on, then the contractor pays the full amount of social security tax. There are times when a contractor can negotiate a higher rate because the company does not have to pay that tax.  However, most of the time the company just prefers to negotiate the rate based on your value.  If you are a 60K year guy, then that is what they will pay you.  From the company's perspective it does not matter what your tax rate is, only the value you can bring to the company.  If you can add about 180K to the bottom line, then they will be happy to pay you 60K, and you should be happy to get it. Here in the US a contractor can expect to make about 7.5% more of an equivalent employee because of the social security tax savings to the company.  However, not all companies are willing to provide that in compensation.  Some companies see the legal and administrative costs of employees as normal, and the same costs with contractors as extra so they don't perceive a cost savings.  There are other things that would preclude employers from giving the bump although it is logical to do so. First you will really have to feel out your employer for the attitude on the subject.  Then I would make a logical case if they are open to providing extra compensation in return for tax savings.  If I am an employee at 60K, you would also have to pay the government 18K.  How about you pay me 75K as a contractor instead? That would be a great deal for all in the US."}
{"_id": "326335", "title": "", "text": "The initial and overnight margin requirements are set by the exchanges (who calculate them using the Standard Portfolio of Analysis of Risk, or 'SPAN' system), and positions are market to market according to these at the end of the trading session. To find these margin requirements you will need to consult the website of the exchange on which the contract you are trading is issued (i.e. if you're trading on the London Metal Exchange it's no good looking at the Chicago Mercantile Exchange's margin requirements as a previous answer suggests!). However, for positions entered and exited within the same day, the daytrade margin rate will apply. This is set by your broker rather than the exchange, and can be as little as 10% of the exchange requirement. You can find a useful comparison of different margin types and requirements in the article I have published here: Understanding Margin for Futures Trading."}
{"_id": "326355", "title": "", "text": "What area of finance? Institutional finance (equity research, investment banking) is a non-starter with no experience unless you're Jesus.  And if CFA level 1 material is intimidating, reconsider, as those are the basics of a finance undergraduate degree.   PM me your prospective employer if you like. I'm probably twice your age and have the CFA charter and several other finance qualifications, so I'm not going to be applying there.   I will be able to give better insight as to preparation and your chances."}
{"_id": "326380", "title": "", "text": "It looks good.    Only thing that I see as lacking is funding and then how you would recover those costs (cause let's be real, if you give things away, that isn't sustainable) other than selling to the government.  Is that a feasible method?  Per kilowatt-hour to the customer maybe?  Regarding the education, I would look at some of the electrical installations they have (the bundles of wires hanging off the pole) and see if your solution would help that problem.   Jobs - great.    Sustainability - good.  As long as you have microgrids.  I thought the benefit to a microgrid was, well, less excess energy.    I like expansion also."}
{"_id": "326398", "title": "", "text": "From what I can tell, the book talks about the current economic crisis is going to lead to a burst in the dollar market and government debt market. And how the current financial policies and the financial policies enacted by the previous administration, Ben Bernanke, and Alan Greenspan are going to lead to hyperinflation, devaluation of the dollar, and a massive spike in the national debt. And then it is supposed to provide financial strategies and ideas to weather the storm. That's all I can gather without buying the book.   Link: http://www.amazon.com/Aftershock-Protect-Yourself-Financial-Meltdown/dp/0470918144/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1323897637&amp;sr=1-1"}
{"_id": "326406", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.baldingsworld.com/2017/10/23/everything-we-think-we-know-about-chinese-finances-is-wrong/) reduced by 96%. (I'm a bot) ***** &gt; We do not know what these assets hold other than three broad categories comprised of guarantee, commitment operations, and financial asset services which even then only comprise 79% of the total 253 trillion.  &gt; Chinese citizens and firms have a very real interest in switching into similar foreign assets while foreigners have very little interest in switching into Chinese assets.  &gt; I have long noted that there is fundamentally, absent controls, a much larger structural non-cyclical interest in purchasing foreign assets by Chinese than in purchasing Chinese assets by foreigners.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78e60t/everything_we_think_we_know_about_chinese/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233958 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **asset**^#1 **Bank**^#2 **financial**^#3 **China**^#4 **balance**^#5\""}
{"_id": "326413", "title": "", "text": "\"Stock has value to the buyer even if it does not currently pay dividends, since it is part ownership of the company (and the company's assets). The owners (of which you are now a part) hire managers to make a \"\"dividend policy decision.\"\"  If the company can reinvest the profits into a project that would earn more than the \"\"minimum acceptable rate of return,\"\" then they should do so. If the company has no internal investment opportunities at or above this desired rate, then the company has an obligation to declare a dividend.  Paying out a dividend returns this portion of profit to the owners, who can then invest their money elsewhere and earn more. For example: The stock market currently has, say, a 5% rate of return. Company A has a $1M profit and can invest it in a project with an expected 10% rate of return, so they should do so. Company B has a $1M profit, but their best internal project only has an expected 2% rate of return.  It is in the owners' best interest to receive their portion of their company's profit as a dividend and re-invest it in other stocks. (Others have pointed out the tax deferrment portion of dividend policy, so I skipped that)\""}
{"_id": "326440", "title": "", "text": "\"Because they just to make an excuse for piracy. The current meme is that it's not cheapness that is causing them to pirate, it's a \"\"convenience\"\" thing. And it's not their fault that media uses a \"\"dead business model.\"\"  What they really mean is that they want a Netflix with everything, for 10 bucks MAYBE 12.   Just be honest. I pirate cause I'm cheap.\""}
{"_id": "326450", "title": "", "text": "Actually it's the cable companies that are losing out on revenue. If they unbundled the channels, then people like me could pay the same amount as now, get more channels they want, and the cable company would be taking home a bigger margin of the money I'm spending because those other channels don't cost nearly as much to license."}
{"_id": "326451", "title": "", "text": "Your bank does not know about any SEPA Mandat you declare, until it gets in use. When the optionees withdraw money from your Account, they have to authenticate with the given Mandat and at this point your bank knows about that Mandat wich has an expiry date. According to the guidelines of the European Central Bank, your bank is not in duty to bookmark the expiration date. However, I'd assume they do anyway due they are allowed to and it makes things easier. Additional, if you can tell who the optionee is, you can block the withdraw before it happened. In any case, you have to call your bank."}
{"_id": "326464", "title": "", "text": "\"If they return to their earlier prices Assuming I don't make too many poor choices That's your problem right there: you have no guarantee that stocks, will in fact return to their earlier prices rather than go down some more after the time you buy them. Your strategy only looks good and easy  in hindsight when you know the exact point in time when stocks stopped going down and started going up. But to implement it, you need to predict that time, and that's impossible. I would adopt a guideline of \"\"sell when you've made X%, even if it looks like it might go higher.\"\" Congratulations, you've come up with the concept of technical analysis. Now go and read the hundreds of books that have been written about it, then think about why the people who wrote them waste time doing so rather than getting rich by using that knowledge.\""}
{"_id": "326480", "title": "", "text": "Supplier of\u00a0Quartz\u00a0Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php#supplier-quartz-grit-india Supplier of Quartz Grit in India, Manufacturer of Quartz Grit in India - Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. Usage of Quartz Grit in tiles, Ferro alloys, Ferro silicon, Ferro chrome, oil drilling, artificial granites, and electrical industries. Other applications of quartz grit are in steel industries, sugar refining, dairy farms, paper industries, chemical industries and water treatment plants."}
{"_id": "326506", "title": "", "text": "We frequently get whole insurance vs term insurance questions; and most of the answers will support term insurance.  We get questions regarding getting insurance before there is a need in case there is a problem getting it later. And for most people it doesn't make sense to over-insure early. You have asked from a slightly different position, you have a more solid reason to be concerned about your health. You don't have a need now, and can't estimate what your need will be, or when it will be. Those numbers you quote may seem high, but when you don't know how many kids you may have, or what you will need to protect against, they may turn out to be inadequate when you do need the insurance. You need to sit down with a fee only financial planner. They can lay out your options today, and as your situation changes.  Then as the years go by, have that plan reexamined. The fee only planner will not tell you what company to buy insurance from, or what funds to invest in, but they will help you decide what types of protection and investment you need."}
{"_id": "326524", "title": "", "text": "I use RetailMeNot all the time. I don't bother keeping pizza coupons anymore. If I want to order delivery, I just get a coupon code from there, order online, and save myself a few bucks."}
{"_id": "326532", "title": "", "text": "In the UK, the Osper card would do the trick exactly. The closest thing I can find in the US is the USAA Youth accounts which appear to be what you need but have some restrictions on mobile access until the youth is 13."}
{"_id": "326533", "title": "", "text": "Just looking at your question I can tell it's not worth it financially, even if you didn't borrow the money to do it. At your current rate, you'll be making 54,384 in 5 years, which is roughly a growth of 2.5% per year.  If you go for the masters, in 5 years you'll be making 55,680, with roughly the same growth rate (2.5%). So it's costing you $70,000 (the cost of school plus the 2 years of reduced income) to raise your salary by $1,300.  The payback period would be about 25 years.  It would be MUCH worse if you borrowed the money to do it. Not a chance."}
{"_id": "326534", "title": "", "text": "\"In order for a commodity to be offered as a future, the exact specifications must be specified by the exchange. This includes not only the particular grade, strain, etc (depending on what we are talking about) but also the exact delivery location (otherwise transportation costs is an issue as you noticed).  Once there is a standardized contract, the exchange can match up buyers and sellers who are agreeing to the terms of the contract.   From a fun little article on commodities: ... you will have to go either to Europe to trade European Processing   Potato futures on Eurex [...], or to India, to the Multi Commodity Exchange of India   (MCX). [...] On the MCX, two different types of potato are deliverable, \"\"Agra\"\"   potatoes with the 3797 as its \"\"basis variety\"\" of potato and   \"\"Tarkeshwar\"\" potatoes with the Kufri Jyoti as its \"\"basis variety.\"\" So let's look at an example, the Agra future contract on MCX.  It specifies  (size measured from at  least one side by way of  passing through sieve)   \u2022 Acceptable size 4\u20138 cm   \u2022 Rejected If below 4 cm and above 8 cm exceeds 5% ... and more details regarding the financials.\""}
{"_id": "326542", "title": "", "text": "The main factors you have to consider are: Could you get a better return on that money by investing it somewhere?  The investment rate should basically be more than the mortgage rate. If you find yourself suddenly in need of money (eg, loss of job) do you have enough savings to ride that out?  If not, investing the extra money in an instant access investment, even at a lower rate, may make sense as it gives you future flexibility. Do you have any other debts that are at a higher rate?  If so, pay those off first as you will get more bang for your buck."}
{"_id": "326559", "title": "", "text": "The link provided by DumbCoder (below) is only relevant to UK resident investors and does not apply if you live in Malaysia.  I noticed that in a much older question you asked a similar question about taxes on US stocks, so I'll try and answer both situations here. The answer is almost the same for any country you decide to invest in.  As a foreign investor, the country from which you purchase stock cannot charge you tax on either income or capital gains. Taxation is based on residency, so even when you purchase foreign stock its the tax laws of Malaysia (as your country of residence) that matter. At the time of writing, Malaysia does not levy any capital gains tax and there is no income tax charged on dividends so you won't have to declare or pay any tax on your stocks regardless of where you buy them from. The only exception to this is Dividend Withholding Tax, which is a special tax taken by the government of the country you bought the stock from before it is paid to your account. You do not need to declare this tax as it his already been taken by the time you receive your dividend. The rate of DWT that will be withheld is unique to each country.  The UK does not have any withholding tax so you will always receive the full dividend on UK stocks.  The withholding tax rate for the US is 30%.  Other countries vary. For most countries that do charge a withholding tax, it is possible to have this reduced to 15% if there is a double taxation treaty in place between the two countries and all of the following are true: Note: Although the taxation rules of both countries are similar, I am a resident of Singapore not Malaysia so I can't speak from first hand experience, but current Malaysia tax rates are easy to find online. The rest of this information is common to any non-US/UK resident investor (as long as you're not a US person)."}
{"_id": "326560", "title": "", "text": "Though I do think it is important to have a diversified portfolio for your retirement, I also think it's more important to make sure you are at no point touching this money until you retire. Taking money out of your retirement early is a sure fire way to get in a bad habit of spending this money when you need a little help. Here's a tip: If you consider this money gone, you will find another way to figure out your situation.  With that said, I also would rather not put a percentage on this. Start by building your emergency fund. You'll want to treat this like a bill and make a monthly payment to your savings account each month or paycheck. When you have a good nine times your monthly income in here, stop contributing to this fund. Instead start putting the same amount into your IRA instead. At this point you should no longer have to add to your emergency fund unless there is a true emergency and you are replacing that money. Keep in mind that the amount of money in your emergency fund changes significantly in each situation. Sit down with your bills and think about how much money you would need in the event you lost your job. How long would you be out of work? How many bills do you have each month that would need to be covered?"}
{"_id": "326571", "title": "", "text": "What effort did you exactly put into this lawsuit?  The lawyers spent years working and millions of their own money pursuing a massive case on behalf of the general public.  Class actions are insanely complicated and fee like this ought to put large companies like Ticketmaster on alert to ensure their policies are legal and fair.  Why does it bother you that people are paid for the work they do?  Maybe you'd rather companies include small fees and charges in their transactions.  By the time you realize you'd been screwed out of $5, $10, $50 it would be gone.  You could go to court and probably get it back but that requires time and probably cost you more than it would be worth.  That is exactly why these types of cases are adjudicated as class actions, the individual wrong is too small to pursue but grouped together make a big impact."}
{"_id": "326590", "title": "", "text": "Dave Ramsey says you need to have at least $1000 in savings. The philosophy is that any typical emergency will cost you $1000 or less. Let me tell you - this has saved me more than once. Savings account is very liquid whereas you have no guarantees with the HELOC. Yes, debit is bad but you need to save and utilize the debt snowball method to pay down all your debt, including the HELOC. I would say the HELOC would be lower on the priority list than a credit card in terms of paying off."}
{"_id": "326599", "title": "", "text": "Gold's valuation is so stratospheric right now that I wonder if negative numbers (as in, you should short it) are acceptable in the short run.  In the long run I'd say the answer is zero.  The problem with gold is that its only major fundamental value is for making jewelry and the vast majority is just being hoarded in ways that can only be justified by the Greater Fool Theory.  In the long run gold shouldn't return more than inflation because a pile of gold creates no new wealth like the capital that stocks are a claim on and doesn't allow others to create new wealth like money lent via bonds.  It's also not an important and increasingly scarce resource for wealth creation in the global economy like oil and other more useful commodities are. I've halfway-thought about taking a short position in gold, though I haven't taken any position, short or long, in gold for the following reasons: Straight up short-selling of a gold ETF is too risky for me, given its potential for unlimited losses. Some other short strategy like an inverse ETF or put options is also risky, though less so, and ties up a lot of capital.  While I strongly believe such an investment would be profitable, I think the things that will likely rise when the flight-to-safety is over and gold comes back to Earth (mainly stocks, especially in the more beaten-down sectors of the economy) will be equally profitable with less risk than taking one of these positions in gold."}
{"_id": "326640", "title": "", "text": "&gt; Regulators are questioning the safety of bus travel after 28 people died in eight crashes this year.  OK, how many died in car crashes last year. I'd bet my life it was a lot more than 28. I'm guessing the airlines told the NTSB regulators to take a closer look at their competition."}
{"_id": "326665", "title": "", "text": "Very much doubt it, most truckers I have met are private contractors and own there truck, Wal-Mart or Amazon for that matter could decline a job based on the notion your working for a competing company and there investment in you could lead to loss for them and gain for there competitor"}
{"_id": "326667", "title": "", "text": "Vanguard might be the top provider of no-load mutual funds around.  Attempting to do better than 0.13% in fees is just as likely to cost you more time than the money you're attempting to say.  You're in your first job out of school--you've got better things to do with your time."}
{"_id": "326684", "title": "", "text": "Majority of Pacific countries have relationship with North Korea, including trade. There are also a lot of regional group and treaty that Trump can't just run rough shot without being literally thrown out of the group.  But I for one want to see Trump tries to cut off trade with China. That would be hilarious. (ie. US consumer will have to live with90's technology overnight.  in some cases, no TV, no iphone, no laptop, no garment, no walmart/amazon junk)"}
{"_id": "326690", "title": "", "text": "Does the above mean I will not be able to send money to myself or my mother Yes that is right. PayPal will only be used for small trades. The credits into PayPal cannot be used to purchase anything, and will have to be credited back to the linked Bank Account. This is to ensure right reporting and taxes are being paid. You could use alternative Bank channels for getting funds."}
{"_id": "326692", "title": "", "text": "Interestingly, An IAMA going at the moment may prove a very plausible reason behind some of these markets.   &gt;I am the sole exporter (In the way of legalized monopolies) of Apple products into certain parts of the world. This enables me to sell the $650 iphones sold here in apple stores for 200%-500% mark ups as well as all other Apple products.  .  &gt;This had nothing to do with apple. I got in touch with the government agencies that regulate such matter in the countries that I work with. It's funny, Apple can't sell their own product there unless they go through me.   http://www.reddit.com/r/IAmA/comments/10tyhf/i_am_a_multimillionaire_amaa/c6gnrw0?context=3"}
{"_id": "326700", "title": "", "text": "\"That's a great point. I do happen to have heard that, but here's why I don't care to pursue that option:  - I don't ever need anything right away, maybe I'm just weird that way.  - I would still have to drive and park at Best Buy, spending at least a half hour instead of 30 seconds to complete the purchase.  - I don't like being inside a Best Buy, on a visceral level.  - Memories. Bad memories.  - I feel like I'm going to be made to feel like a conniving schemer if I actually attempt to exercise a price match, with some Simpsons character of a clerk fumbling aimlessly on a computer for 20 minutes before summoning a high school age \"\"manager\"\" to perform an \"\"override.\"\"\""}
{"_id": "326717", "title": "", "text": "As per the Canada-U.S. Tax Treaty (the \u201cTreaty\u201d), a U.S. corporation carrying on business in Canada is only subject to taxation on income earned in Canada through a fixed place of business or permanent establishment. Therefore, if a U.S. company does not have a permanent establishment (PE) in Canada then their Canadian source business income is not subject to Canadian federal tax. https://www.fin.gc.ca/treaties-conventions/USA_-eng.asp"}
{"_id": "326720", "title": "", "text": "This is great. I have a question though. What happens if I have all of the plans for finance mapped out and ready to meet a potential investor, but the idea that I bring with me is not patentable? I certainly would like to get financing and let the investor know what I want to accomplish, but I don't want to give away my idea and have the investor take my idea and run his own company with it. How is this dealt with?"}
{"_id": "326724", "title": "", "text": "I haven't seen one of these in quite some time. Back in the 1970s, maybe the 1980s, stock brokers would occasionally send their retail clients a complimentary copy once in a while. Also, I remember the local newspaper would offer a year-end edition for a few dollars (maybe $3) and that edition would include the newspaper company's name on the cover. They were very handy little guides measuring 5 1/2 x 8 (horizontal) with one line devoted to each company. They listed hundreds of publicly traded companies and had basic info on each company. As you stated, for further info you needed to go to the library and follow-up with the big S&P and/or Moody's manuals. That was long before the internet made such info available at the click of a button on a home computer!"}
{"_id": "326751", "title": "", "text": "\"Regarding vehicle property tax in Virgina. The big difference is that business vehicles don't get a tax break: Under Virginia law -- the Personal Property Tax Relief Act of 1998   (PPTRA, also known as the \"\"No Car Tax\"\" legislation) -- the State   planned to subsidize 100% of the taxes on personal use vehicle   assessments below $20,000 by the year 2002. In passing this law, the   State effectively pledged state revenue to pay local governments   throughout the Commonwealth a subsidy in lieu of personal property   taxes that local governments would have otherwise collected directly   from taxpayers. At present, the State pays approximately 62% of the   bill, and the taxpayer pays the remaining 38%. These rates are subject   to change annually. The taxpayer must pay the full amount of taxes on   any vehicle assessment that exceeds $20,000. Only personal use   vehicles qualify for PPTRA. If that vehicle is worth 20K then a business will pay 4.57% of 20,000, but an individual will pay 4.57% of 7,600. A difference of $566 per year.\""}
{"_id": "326752", "title": "", "text": "\"For their current operations, they need people because of all the rules and regulations around the world. It's not \"\"random dude downloads the app and becomes a driver\"\" everywhere. In Sweden, you need to have a registered taxi fleet company and you need to be a licensed taxi driver in order to operate any taxi business. Then you can drive for whoever you want, including Uber. Those regulations need to be handled by staff. Then there's the marketing department in every country/city.  As for the developers, I'm guessing many of them work on things of the future. I guess they're preparing for driverless cars?\""}
{"_id": "326761", "title": "", "text": "While this is a totally personal decision, I still think it would be a good idea to have some life insurance simply because you have someone that is currently dependent on your income.  Yes you have about 22 years in retirement, but if you consider taxes and market risk, there's still some uncertainty there.   Also, while your wife may be willing and able to work now, will she want to do that for years just to earn living expenses?   I would look at the costs on 10-year term life insurance and see if it's worth the extra peace of mind to you and your wife.  If your wife is fine with using your retirement as life insurance, then you can probably be OK without it. So to answer the question, it may be acceptable, but it's generally a very cheap way to get a lot of peace. I would not worry too much about the opinions of your parents - unless they are going to pay for the insurance, it's your decision."}
{"_id": "326773", "title": "", "text": "sweeping.co.uk is a better sit to deliver corporate espionage for U.K. and it also give some other challenging item like bug sweeper and Bug sweep services for challenging situations has some additional item bug sweeping and it conduct a visual physical services and TSCM services problems are found our team can gather bugging devices etc. for more info:- http://www.sweeping.co.uk/"}
{"_id": "326777", "title": "", "text": "I swear on my grave that this is exactly why I got into automation and the technology behind it. It's booming, and there are a stupid amount of jobs at all levels.   &gt;First year out of college 70, then 100 the next. I was offered another job via networking last winter so this year I made 80 but I work at a much better pace and have much more control over what I do, and I don't have to travel. I used to like all the travel though. I'm just following through on another offer this week which is another raise with more perks.   I graduated in 2008 during the deepest part of the recession.   It's not bragging because none of you know who I am. Frankly I'm not sure what to think."}
{"_id": "326788", "title": "", "text": "No. There is no asset associated with your short position, so there's nothing to gift. The short position in the stock is purely a liability. When you note that you have a profit in the position, what you mean is that the cash you made when you shorted the stock is more than enough to cover the short position. The only asset in this picture, then, is the cash you made when you entered the short position."}
{"_id": "326796", "title": "", "text": "\"The few individuals who create the corporations that take advantage of the sharing economy, making it broadly accepted and utilized, make billions.  Those who actually do the work of \"\"sharing\"\", not so much, unless they are able to do so out of excess of funds rather than through borrowing.  Those who utilize the sharing economy save some money because they aren't making the investments in infrastructure (cars, housing, whatever) and so aren't paying interest or expending use value.  They can invest that money in sharing economy corporations, gaining value.  So the losers in the sharing economy are those who borrowing in order to \"\"share.\"\"\""}
{"_id": "326823", "title": "", "text": "\"Siq burn brah. You're a judgemental piece of trash who deserves no respect. On top of that, you're a fucking idiot, considering you can't grasp the simple concept that different people have different reactions to drugs. What's next - you expect everyone to like the same music and food as you?  the IRONY that you post in another reddit thread about your abusive relationship being a \"\"neurological condition\"\" but not realizing addiction is one as well.  How fucking stupid can you be?\""}
{"_id": "326833", "title": "", "text": "The workaround that I use in a recent time is very simple, effective and it is spreading very quickly - Payoneer. What you will need is http://www.payoneer.com/USPService.aspx which will get you US bank account that you can link to your paypal account."}
{"_id": "326836", "title": "", "text": "The best answer is, I think, also the simplest:  A bank is an entity which performs maturity transformation.  (Conversely, any entity that performs maturity transformation is acting as a bank, regardless of whether it is called one or is regulated as one.  And an entity which does not perform maturity transformation isn't really a bank.)  Maturity transformation is the process by which a bank accepts short-term deposits, and makes long-term loans.  The benefit to society is fairly obvious; we (collectively) like being able to take out mortgages, but we also like having our money in a checking account and available on demand.  Banks allow this to happen, although property bubbles and similar make it clear that this isn't without cost.  (Note:  Central banks are a completely different kettle of fish.)"}
{"_id": "326843", "title": "", "text": "\"Profit sharing adds complexity. I'd pitch it as a percentage of revenue to him. \"\"Profit\"\" is a term than can be abused. Sales are sales.   Somewhat related, if you're giving him 30% of all profit on all deals, you're basically selling 30% of your business for $80K. No surprise he's interested.   Think more about how you'll finance working capital. You need money to buy the pool supplies, pay for labor, etc. Ideally, you should float as little of this money as you can.   An incentive structure that rewards the salespeople should also be taken into consideration. Build that in somewhere. You want his reps to want to pitch your pools. They need some kind of incentive.   These are just thoughts off the top of my head. I don't completely understand the details, but maybe it'll help.\""}
{"_id": "326851", "title": "", "text": "Another thought: Higher education in the US is frightfully expensive with the sticker price for a 4-year undergraduate degree at a decent private college us sitting at around $250,000 and rising fast. Consider starting a 529 savings plan especially if you planning on more kids."}
{"_id": "326858", "title": "", "text": "\"There are gold index funds. I'm not sure what you mean by \"\"real gold\"\". If you mean you want to buy physical gold, you don't need to. The gold index funds will track the price of gold and will keep you from filling your basement up with gold bars. Gold index funds will buy gold and then issue shares for the gold they hold. You can then buy and sell these just like you would buy and sell any share. GLD and IAU are the ticker symbols of some of these funds. I think it is also worth pointing out that historically gold has a been a poor investment.\""}
{"_id": "326871", "title": "", "text": "\"Paul calls it unanimous. The government site does not. What does a unanimous voice vote even mean? [Here is the govt site where the votes are viewable](http://oversight.house.gov/markup/full-committee-business-meeting-30/). Note at the bottom that the **postal bills** have the statement \"\"Outcome: Favorably reported to the House of Representatives by **unanimous** consent\"\". Note that **bill 459 does not** state that. Watch the video and you'll see that Ron Paul has a little bit of trouble with reality.\""}
{"_id": "326872", "title": "", "text": "First, put the money someplace that is safe - a saving account is fine - while you figure out what you want to do with it. You will obviously want to think about it what to do for a while. A financial advisor could help out, but not that many of them make their money on commission and therefore don't act in your best interest. The ones where you pay them directly are more aligned with your interests. As for how to invest, you have a lot of different options depending on your timeline and your risk tolerance."}
{"_id": "326887", "title": "", "text": "\"Which Rabbinical school of the Orthodox sect believes in a \"\"modern\"\" setting for the role of the woman in the family? Which Rabbinical school allows teaching of modern concepts (and actually teaches the children Math)?   I'm not saying all but most Orthodox sects of Judaism that I know are hell bent on prescribing to the texts of the Talmud and defying modern ways of civilizations progressivism. That being said, they don't proselytize but they're still far too inclusive in this day and age.   I feel like you can be a man or woman of your religion without the elitism or condemnation of others. Orthodox Jews even think Jews outside their own sects are beneath them. It's tribalism at best.\""}
{"_id": "326905", "title": "", "text": "\"No. Credit card companies will typically not care about your individual credit card account. Instead they look either at a \"\"package\"\" of card accounts opened at roughly the same time, or of \"\"slices\"\" of cardholder accounts by credit rating. If an entire package's or slice's balance drops significantly, they'll take a look, and will adjust rates accordingly (often they may actually decrease rates as an incentive to increase you use of the card). Because credit card debt is unstructured debt, the bank cannot impose an \"\"early payment penalty\"\" of any kind (there's no schedule for paying it off, so there's no way to prove that they're missing out on $X in interest because you paid early). Generally, banks don't like CC debt anyway; it's very risky debt, and they often end up writing large balances off for pennies on the dollar. So, when you pay down your balance by a significant amount, the banks breathe a sigh of relief. The real money, the stable money, is in the usage fees; every time you swipe your card, the business who accepted it owes the credit card company 3% of your purchase, and sometimes more.\""}
{"_id": "326927", "title": "", "text": "\"No idea what any of those cites are, except Miller (whose music has always been written to earn royalties -- pure manufactured nostalgia). The point I'm making is that the [Lowest Common Denominator formats were imposed, for profit](http://www.shsu.edu/~lis_fwh/book/hybrid_children_of_rock/AOR2.htm), not designed or demanded by \"\"boomers\"\". Of course people listen to it, because it's what's on the radio when they're working. And after a while conditioned taste gets confused with personal taste, to the point that victims of musical Stockholm syndrome start believing the music they're force-fed is tasty. But blaming boomers for those dynamics  is scapegoating.  EDIT: typo\""}
{"_id": "326931", "title": "", "text": "\"&gt; I said it wasn't perfect for the long run.  Forget about long-run. It was clear from day one that the ACA is far from perfect.   &gt; But obstructing and causing it to fail is very different from \"\"fixing\"\" it.  LOL!!!!!! So you want to pump more money into something you admitted is not good?  Just wait for Trump and his admin to change the plan and then we will talk.  The \"\"obstructions\"\" are not by Trump. They are by traitor republicans who suddenly want to keep the ACA.\""}
{"_id": "326948", "title": "", "text": "You have made the most important first step by starting to think about your money, well done. Firstly pay of all credit cards as quickly as you can and start to live within your means.  Until you have paid of your credits cards don\u2019t spend any money of unnecessary items, e.g. Once your credit cards are paid off you can start living a more normal life.  Each time you spend money you need to ask yourself: Is this worth more to be then being   able to buy a new house in a few years   time? You should be able to save at least half the amount you were paying of the credit card each mouth and still leave a reasonable life, so setup a standing order at the start of the month to  your saving account. Given your age you are like to get promoted and hence have increased pay or get increments for each year of service.  Therefore Every time your pay goes up, set up a   standing order to transfer at least   half of the pay increases to a saving   account.   You did not have this money   before, so you will not miss it when    you save it. In the long term, you should be able to keep your car until it is about 15 years old, so will not have the cost of buying another car.  Therefore once the car loan is over, you can save that money as well."}
{"_id": "326958", "title": "", "text": "No, it's not a joke. Single women don't have families yet, and married men are more stable than their single counterparts who are chasing tail and partying more.  Women are going to get pregnant and have families, it's unavoidable. At least the single woman doesn't have that YET. And frankly, men should be taking paternity leave as well as women, so that's a moot point."}
{"_id": "326970", "title": "", "text": "In addition to D. Stanley's very fine answer, the price of stocks change as a result of changing market conditions and the resulting investor estimation of its effect on the company's future earnings. Take these examples. Right now, in the USA, there is a housing shortage; that is, there are fewer houses available for purchase than there are willing buyers. Investors will correctly assume that the future earnings of home builders will be higher than they were, say ten years ago. Seeking to capitalize on these higher earnings, they will try to buy the stocks. However, the current owners of the stock, potentially the sellers, know the same thing as the investor-buyer and therefore demand a premium to entice a sale. The price of the stock has risen. The reverse is true, also. Brick and mortar retailers are declining as more consumers prefer on-line retail shopping. The current owners of these stocks will probably want to sell their stock before it is worth even less. The investor-buyer also knows the same facts; that future earnings will most likely be less for these companies. The potential buyer offers a very low price to entice a sale. The price of the stock has fallen. Finally, the price of stocks rise and fall with general market conditions. As an example, assume that next months jobs report is released showing that 350,000 new jobs were created in July. Investors will believe that if companies are hiring, then the companies are doing well; they are selling products and services at a higher than expected rate, requiring that they add new employees. They will also conclude that those 350,000 new employees will be spending their salaries to buy not just food, clothing and shelter, but also a few luxuries like a newer car, a TV, perhaps even a new home (please see paragraph 2!). All of these companies will have more business, more earnings and, likely, a higher stock price."}
{"_id": "326978", "title": "", "text": "&gt;Mad Men, LOST, Walking Dead, Game of Thrones  All of these are based on advertising and/or pay subscribers.  The number of paying subscribers has been decreasing and advertisers are becoming much more selective about how much and where to advertise.  TV networks are essentially distribution channels with some monopolistic power.  But, sports teams have learned that having their own channels is more profitable (especially college football).  It won't be too long until we see the Seinfeld channel, the House channel, etc... on the internet.  Content makers will want to take out the middle men or reduce middle man profits by expanding the number of channels.    In 2000 there was no iTunes, Netflix streaming, nor Blu-ray.  I don't know what there will be in 2020, but I wouldn't be surprised if all three of those are basically gone, replaced by innovation and market forces.  Consumers want convenience, choices, and reasonable prices.  The companies that only want to protect their piece of the market will fail."}
{"_id": "326981", "title": "", "text": "There's no doubt the merger will cost jobs, and I'm not saying it wont.  It's the other nonsense I'm talking about -- the 'asking employees to lie, cheat, and steal, having depressed employees, paying poorly,' whatever...  It's not true.  With the exception of the industry shrinking in size, it's a happy place to be employed."}
{"_id": "326982", "title": "", "text": "Agree to some degree. In actual profitable tradings (HFT mostly), the math part is relatively simple, but the knowledge of exchange API, plumbing and execution speed much harder to come by and multiple order of magnitude harder to get right than the math involved."}
{"_id": "326991", "title": "", "text": "\"Interactive Brokers offers global securities trading. Notice that the security types are: cash, stock (STK), futures (FUT), options (OPT), futures options   (FOP), warrants (WAR), bonds, contracts for differences (CFD), or   Dutch warrants (IOPT) There is a distinction between options (OPT), warrants (WAR), options on futures (FOP) and finally, Dutch Warrants (IOPT). IOPT is intuitively similar to an \"\"index option\"\". (For index option valuation equations, iopt=1 for a call, and iopt= -1 for a put. I don't know if Interactive Brokers uses that convention).  What is the difference between a \"\"Dutch Warrant\"\" and an option or warrant? Dutch warrants aren't analogous to Dutch auctions e.g. in the U.S.Treasury bond market. For North America, Interactive Brokers only lists commissions for traditional warrants and options, that is, warrants and options that have a single stock as the underlying security. For Asia and Europe, Interactive Brokers lists both the  \"\"regular\"\" options (and warrants) as well as \"\"equity index options\"\", see commission schedule. Dutch warrants are actually more like options than warrants, and that may be why Interactive Brokers refers to them as IOPTS (index options). Here's some background from a research article about Dutch warrants (which was NOT easy to find): In the Netherlands, ING Bank introduced call and put warrants on the   FT-SE 100, the CAC 40 and the German DAX indexes. These are some differences between [Dutch] index warrants and exchange traded index options: That last point is the most important, as it makes the pricing and valuation less subject to arbitrage. Last part of the question: Where do you find Structured Products on Interactive Brokers website? Look on the Products page (rather than the Commissions page, which does't mention Structured Products at all). There is a Structured Products tab with details.\""}
{"_id": "327001", "title": "", "text": "&gt; but saying that increase in cost won't affect an increase in price and that average people will be better able to afford higher construction costs is misleading.  I did not say that. So, let me clarify: construction companies, like any company, are in the business to maximize profits. Yes, they will attempt to charge more and they probably will charge more.  But the consumer, can only pay what they can pay.  So I am sure that 30% increase in costs will not translate to 30% increase on every construction job."}
{"_id": "327002", "title": "", "text": "\"To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your trade or business. A necessary expense is one that is helpful and appropriate for your trade or business. An expense does not have to be indispensable to be considered necessary.  (IRS, Deducting Business Expenses) It seems to me you'd have a hard time convincing an auditor that this is the case.  Since business don't commonly own cars for the sole purpose of housing $25 computers, you'd have trouble with the \"\"ordinary\"\" test.  And since there are lots of other ways to house a computer other than a car, \"\"necessary\"\" seems problematic also.\""}
{"_id": "327009", "title": "", "text": "To answer your last question, yes I would strongly suspect that finance would be more lucrative than school counselling. But is that 46k starting?I'm non-US but that sounds pretty good to me. Also, you don't need an MBA to start getting experience in finance. If your degree is from a different discipline you just need some extra way of signalling that you're interested and capable. Even joining your college's Finance club would be a big help."}
{"_id": "327026", "title": "", "text": "I know the difference between a rat and an opossum. This was a very large rat.   And you're right, it wasn't as big as a rabbit, but I'll bet it was upwards of 16oz. Biggest rat I've ever seen, and I grew up around dairy farms."}
{"_id": "327060", "title": "", "text": "\"Buy term and invest the difference is certainly the standard recommendation, and for good reason. When you start looking at some sample numbers the \"\"buy term and invest the difference\"\" strategy starts to look very good. Here are the rates I found (27 yr old in Texas with good health, non-smoker, etc): $200k term life: $21/month $200k whole life: $177/month If you were to invest the difference in a retirement account for 40 years, assuming a 7% rate of return (many retirement planning estimates use 10%) you would have $411,859 at the end of that period. (If you use 10% that figure jumps to over $994k.) Needless to say, $400k in a retirement account is better than a $200k death benefit. Especially since you can't get the death benefit AND the cash value. Certainly one big difficulty is making sure you invest that difference. The best way to handle that is to set up a direct deposit that goes straight from your paycheck to the retirement account before it even touches your bank account. The next best thing would be an automatic transfer from your bank account. You may wonder 'What if I can no longer afford to invest that money?' First off, take a second and third look at your finances before you start eating into that. But if financial crisis comes and you truly can't afford to fund your own life insurance / retirement account then perhaps it will be a good thing you're not locked into a life insurance policy that forces you to pay those premiums. That extra freedom is another benefit of the \"\"buy term and invest the difference\"\" strategy. It is great that you are asking this question now while you are young. Because it is much easier to put this strategy into play now while you are young.  As far as using a cash value policy to help diversify your portfolio: I am no expert in how to allocate long term investments after maxing out my IRA and 401k. (My IRA maxes out at $5k/year, another $5k for my wife's, another $16.5k for my 401k.) Before I maxed that out I would have my house paid for and kid's education saved for. And by then it would make sense to pay a financial adviser to help you manage all those investments. They would be the one to ask about using a cash value policy similar to @lux lux's description.  I believe you should NEVER PUT YOUR MONEY INTO SOMETHING YOU DON'T UNDERSTAND. Cash value policies are complex and I don't fully understand them. I should add that of course my calculations are subject to the standard disclaimer that those investment returns aren't guaranteed. As with any financial decision you must be willing to accept some level of risk and the question is not whether to accept risk, but how much is acceptable. That's why I used 7% in my calculation instead of just 10%. I wanted to demonstrate that you could still beat out whole life if you wanted to reduce your risk and/or if the stock market performs poorly.\""}
{"_id": "327078", "title": "", "text": "\"Does he need to file a tax return in this situation? Will the IRS be concerned that he did not file even if he received a 1099? No. However, if you don't file the IRS may come back asking why, or \"\"make up\"\" a return for you assuming that the whole amount on the 1099-MISC is your net earnings. So in the end, I suspect you'll end up filing even though you don't have to, just to prove that you don't have to. Bottom line - if you have 1099 income (or any other income reported to the IRS that brings you over the filing threshold), file a return.\""}
{"_id": "327080", "title": "", "text": "The T+3 settlement date only affects cash accounts.  In a cash account, you need to wait until the T+3 settlement date for your funds to be available to make your next trade.  But if you convert your cash account into a margin account, then you do not need to wait until the T+3 settlement date for your next trade - your broker will allow you to make another trade immediately."}
{"_id": "327085", "title": "", "text": "Florida Medical Building Space is Florida\u2019s first and only statewide, full service medical real estate company. We are a highly focused and specialized team of investment, marketing, leasing and management professionals at your full disposal so you can focus on what matters most."}
{"_id": "327094", "title": "", "text": "I wasn't talking about college or university, which are severely overpriced, I was talking about tech schools or trade schools. I live in a city that has a lot of manufacturing jobs open but not enough people educated in the field to actually get those jobs. So there was a breakdown somewhere along the way in terms of the preparation for good paying manufacturing jobs. This is what we need to address, I think you thought I was talking about something else."}
{"_id": "327113", "title": "", "text": "I'm not sure why you want to put this into a traditional IRA.  Variable annuities are already tax-deferred so you're not gaining any tax advantage there. Depending on your tax situation you could claim a loss if you sell."}
{"_id": "327115", "title": "", "text": "You would have to do the specific math with your specific situation to be certain, but - generally speaking it would be smarter to use extra money to pay down the principle faster on the original loan. Your ability to refinance in the future at a more favorable rate is an unknowable uncertainty, subject to a number of conditions (only some of which you can control). But what is almost always a complete certainty is that paying off a debt is, on net, better than putting the same money into a low-yield savings account."}
{"_id": "327127", "title": "", "text": "\"Without any highly credible anticipation of a company being a target of a pending takeover, its common stock will normally trade at what can be considered non-control or \"\"passive market\"\" prices, i.e. prices that passive securities investors pay or receive for each share of stock. When there is talk or suggestion of a publicly traded company's being an acquisition target, it begins to trade at \"\"control market\"\" prices, i.e. prices that an investor or group of them is expected to pay in order to control the company.  In most cases control requires a would-be control shareholder to own half a company's total votes (not necessarily stock) plus one additional vote and to pay a greater price than passive market prices to non-control investors (and sometimes to other control investors). The difference between these two market prices is termed a \"\"control premium.\"\"  The appropriateness and value of this premium has been upheld in case law, with some conflicting opinions, in Delaware Chancery Court (see the reference below; LinkedIn Corp. is incorporated in the state), most other US states' courts and those of many countries with active stock markets. The amount of premium is largely determined by investment bankers who, in addition to applying other valuation approaches, review most recently available similar transactions for premiums paid and advise (formally in an \"\"opinion letter\"\") their clients what range of prices to pay or accept. In addition to increasing the likelihood of being outbid by a third-party, failure to pay an adequate premium is often grounds for class action lawsuits that may take years to resolve with great uncertainty for most parties involved. For a recent example and more details see this media opinion and overview about Dell Inc. being taken private in 2013, the lawsuits that transaction prompted and the court's ruling in 2016 in favor of passive shareholder plaintiffs.  Though it has more to do with determining fair valuation than specifically premiums, the case illustrates instruments and means used by some courts to protect non-control, passive shareholders. ========== REFERENCE As a reference, in a 2005 note written by a major US-based international corporate law firm, it noted with respect to Delaware courts, which adjudicate most major shareholder conflicts as the state has a disproportionate share of large companies in its domicile, that control premiums may not necessarily be paid to minority shareholders if the acquirer gains control of a company that continues to have minority shareholders, i.e. not a full acquisition: Delaware case law is clear that the value of a dissenting [target company's]   stockholder\u2019s shares is not to be reduced to impose a minority   discount reflecting the lack of the stockholders\u2019 control over the   corporation. Indeed, this appears to be the rationale for valuing the   target corporation as a whole and allocating a proportionate share of   that value to the shares of [a] dissenting stockholder [exercising his appraisal rights in seeking to challenge the value the target company's board of directors placed on his shares]. At the same   time, Delaware courts have suggested, without explanation, that the   value of the corporation as a whole, and as a going concern, should   not include a control premium of the type that might be realized in a   sale of the corporation.\""}
{"_id": "327151", "title": "", "text": "I walked into my sister's new Rausch Coleman house this afternoon to help her move in and told her to make sure that they put on the hot water heater room door in the garage on when they come back to take care of the final touch ups. I also said and don't let them forget to paint the garage because I noticed while driving through her neighborhood that everyone had taped and mudded garages but no paint. She told me that Rausch Coleman was not coming back to do any touch ups. I said what about this stuff?!?!!!!! My sister said the house does not come with a door for the hot water heater or the garage being painted. Are you SERIOUS?????? That's like not putting the covers on your electrical outlets...your kidding me that this does not come in the base package. Shame on you Raush Coleman. Your prices are not that cheap to not include that. That is what I call bad customer service and ripping off your clients. The paint job is hideous. Let's just say my 9 year old could do a better job than that. The mirrors in her bathrooms are not hung centered and is so obvious.  She went to open her dishwasher and it came out of the hole because it was never anchored down.  I could go on and on!!!!!! Do not use this builder!!!!!!!"}
{"_id": "327153", "title": "", "text": "I think the part that you aren't seeing is that many people earning minimum wage aren't at the start of their careers, where they don't have a lot of financial commitments and are able to move fairly easily.   If someone is earning that sort of wage, but has rent to pay, kids in school, elders to take care of, that minimum wage job can often be 1 of their two jobs they need to stay afloat. Taking time off one of the jobs to go study is simply not part of the equation.   I don't think what you were saying is false, just a very thin subset in a range of possibilities. Potentially, you can't peer outside that range to se that there are thousands of stories that don't fit the bill."}
{"_id": "327175", "title": "", "text": "Like most major decisions in life it entirely depends on your goals.  Do you know exactly what you intend to use the degree for? Are you aiming to go work for Ernst &amp; Young? Do you want to be a finance director at some Fortune 500 company? Do you want to start up your own financial advisory or accounting shop?  Going to school for school's sake is pointless after youve gotten your associate's/bachelor's degree. It's an investment. For the investment to be worth it you need to know exactly what youre investing in and why.  So Step 1: come up with a very concrete career plan. What kind of job exactly do you want next and what industry/company do you want it to be in? Then figure out whether you need the extra degree to make that plan possible."}
{"_id": "327177", "title": "", "text": "Seems like a bad deal to me. But before I get to that, a couple of points on your expenses: Onward. You value a property by calculating its CAP rate. This is what you're calculating, except it does NOT include interest like you did -- that's a loan to you, and has no bearing on whether the unit itself is a good investment. It also includes estimations of variable expenses like maintenance and lack of income from vacancies. People argue vociferously on exactly how much to calculate for those. Maintenance will vary by age of the building and how damaging your tenets are. Vacancies vary based on how desirable the location is, how well you've done the maintenance, and how low the rent is. Doing the math based on your numbers, with just the fixed expenses: 8400 rent - 2400 management fee - 100 insurance = 5900/year income. 5900/150000 = 0.0393 = 3.9% CAP rate. And that's not even counting the variable expenses yet! So, what's a good CAP rate? Generally, 10% CAP rate is a good deal, and higher is a great deal. Below that you have to start to get cautious. Some places are worth a lower rate, for instance when the property is new and in a good location. You can do 8% on these. Below 6% CAP rate is usually a really bad investment.  So, unless you're confident you can at least double the rent right off the bat, this is a terrible deal. Another way to think about it You're looking to buy with your finances in just about the best position possible -- a huge down payment and really low interest. Plus you haven't accounted for maintenance, taxes (if any), and vacancies. And still you'd make only a measly 1.2% profit? Would you buy a bond that only pays out 1.2%? No? What about a bond that only pays 1.2%, but also from time to time can force YOU to pay into IT a much larger amount every month?"}
{"_id": "327184", "title": "", "text": "(I'm assuming this is a publicly traded company, if not, things are somewhat different.) The objection that management might have that flows out of the fact that the pool of available options is fixed in size for the current year. (Or maybe several years depending on how they structured the compensation plan.) Within that pool they have allocated some to various key individuals and then some to to the ESOP pool. They don't want requests for more options than they planned to issue in that period. Suppose that many people notice that the companies prospects are good and offer to forgo some salary for options. This could easily eat up the whole pool and leave nothing for the rest of the year. If I was management here, I would want to structure it so that I had control over how many options were granted so that everyone eligible got some and the pool lasted until the end of the year."}
{"_id": "327199", "title": "", "text": "Are you talking about domicile? An LLC is treated differently than a corporation in the terms of citizenship of the law. An LLC is a citizen of whichever state it's members (shareholders) are citizens.  I would recommend you just spend the money on a business attorney to ensure that all the t's are crossed correctly so it doesn't end up costing you more later on."}
{"_id": "327202", "title": "", "text": "So there are a lot of people that get into trouble in your type of self employment situation.  This is what I do, and I use google drive so there are no cost for tools.  However, having an accounting system is better. Getting in trouble with the IRS really sucks bad."}
{"_id": "327216", "title": "", "text": "\"Not good enough.  So corporations are 'persons', eh? Well I think we have our first candidate for *corporate capital punishment*, starting with a little live-televised *Seppuku* at the top. As ~~proud~~ owner of a $19000 worthless \"\"brick\"\" of a Toyota that no one can ride in, I volunteer as 'second'.\""}
{"_id": "327226", "title": "", "text": "I bought in near their lows last December.  They've been hovering around them since - a few I've managed to dump once they bumped up about 10% but I'm still holding the bag on 5-6 more."}
{"_id": "327232", "title": "", "text": "I think you're misunderstanding how S-Corp works. Here are some pointers: I suggest you talk with a EA/CPA licensed in your state and get yourself educated on what you're getting yourself into."}
{"_id": "327237", "title": "", "text": "The short answer to your question is yes.  Index funds are about the easiest and most efficient diversified way to invest your money.  Vanguard's are among the cheapest and best. Be aware, though, that passive income doesn't mean you do nothing for your money.  In the case of investing, what you are doing is bearing risk.  That is, you are being paid (on average) to put your money in a situation where you may lose money.  If you keep your eye on the long-term prize, then when (not if) you sustain losses in your investment account, you will have the patience to leave the money in there. I'm a little confused by your wording about increasing your salary.  Normally we think of index funds as a way to increase our wealth.  If you are making new investments, presumably you have more salary than you need right now.  Normal index funds will reinvest dividends automatically, so you will see the value of your investments rise but will not see any cash flows per se unless you are selling your holdings.  If you want actual cash coming out of your investment, you can use ETF's to achieve the same type of investment and treat the dividends as a supplement to your income.  Note, however, that some gains in your ETF will be in the form of capital gains and some will be dividends.  Think more like 2% year per in dividend payments and the rest in capital gains. If your objective is to save for retirement, please consider investing through an IRA, Roth IRA, or through your 401(k).  No need to give uncle sam a gift from your hard-earned money."}
{"_id": "327240", "title": "", "text": "If you save money, invest in an education, start a business, refurbish your house, invest in technology by buying shares in a growing company, build something that can give you value long term, save money for your kids to inherit, postpone your spending, etc. it all accumulates and gives strong long term returns. These are the decisions we should encourage everyone to make, as it is these decisions that good countries are made from. You can rob the rich once, and then the richest and most productive people stop working and quickly all turns to shit, like every socialist experiment ever. I work hard and don't spend anything. At this rate I can likely retire in 10 years at 40 years old. Would be pretty pissed by then to have to share it with everyone who didn't work hard and didn't save and invest anything."}
{"_id": "327263", "title": "", "text": "First of all, Dilip's answer explains well how the business deductions generally work. For most (big) expenses you depreciate it. However, in some cases you need to capitalize it, which is another accounting method. When you capitalize your expense, it becomes part of the basis of the product you're creating. Since you're an engineer, this might be relevant for you. Talk to your tax adviser. How exactly you deduct/depreciate/capitalize things, and what expense goes which way depends greatly on the laws and jurisdictions. Even in the US, different states have different laws, and the IRS and State laws don't have to conform (unfortunately). For example, the limitations on Sec. 179 deduction in 2010-2011 were 20 times higher on Federal level than in the State of California. This could have lead to cases where you fully deducted your expense on your Federal tax return, but need to continue and depreciate it on your State return (or vice versa). Good tax adviser is crucial to avoid or manage these cases."}
{"_id": "327267", "title": "", "text": "You can also grow your produce, cook your own food, hell you can make your own electronics if you want to, and yet supermarkets, restaurants, and tech companies all seem to be doing fine.   Just because weed has been decriminalized doesn't mean that people have the experience and knowledge to grow it or want to invest the time and effort to make it a successful venture. To my knowledge, you also have to be licensed to both grow and sell it, and holding small quantities is legal...if you're just some guy growing 1,000 plants in the woods and holding 500 pounds in your basement, you're going to get shut down and arrested.   Have you not seen the great success of weed stores in places like Colorado? They offer far more than just weed in Ziplock baggies. If weed becomes legal nationally in the US, you will absolutely see large companies form for the exact reason that they form in every other industry: it's cheaper to consolidate operations and greater volume of sales means higher profit."}
{"_id": "327271", "title": "", "text": "\"I do not know anything about retail investing in India, since I am in the US. However, there are a couple of general things to keep in mind about gold that should be largely independent of country. First, gold is not an investment. Aside from a few industrial uses, it has no productive value. It is, at best, a hedge against inflation, since many people feel more comfortable with what they consider \"\"real\"\" money that is not subject to what seems to be arbitrary creation by central banks. Second, buying tiny amounts of gold as coin or bullion from a retail dealer will always involve a fairly significant spread from the commodity spot price. The spot price only applies to large transactions. Retail dealers have costs of doing business that necessitate these fees in order for them to make a profit. You must also consider the costs of storing your gold in a way that mitigates the risk of theft. (The comment by NL7 is on this point. It appeared while I was typing this answer.) You might find this Planet Money piece instructive on the process, costs, and risks of buying gold bullion (in the US). If you feel that you must own gold as an inflation hedge, and it is possible for residents of India, you would be best off with some kind of gold fund that tracks the price of bullion.\""}
{"_id": "327274", "title": "", "text": "Look if BBB was there to provide an honest service only, I would be all for them.  The fact is they provide an honest service, in addition to running a protection racket. If you are listed and you stop paying, your rating will drop.  &gt;**[If I'm paying for a grade, then how's the customer supposed to really trust the Better Business Bureau.](https://www.youtube.com/watch?v=Yo8kfV9kONw)**"}
{"_id": "327288", "title": "", "text": "This is going to be a list of some things that will likely be of value immediately after some apocalyptic event.  However, note that I am not answering your question of what you should invest in now to take advantage of such an event.  That is a pretty ridiculous notion.  Preparing oneself for such a possibility is certainly a good idea.  That said, there are some realistic limitations to how you could take advantage of such a situation.  Namely, the very real requirement of physical security.  Unless you have a huge posse -- armed to the teeth -- to defend your cache, someone will come along with a bigger and better armed group to take it.  (Not to mention that I am the type of person that would -- at least -- consider organizing such a group to take you down; if only as a matter of principle.) Guns & ammo (Also, knives; ideally ones that can be used as weapons and for food preparation/hunting.) Alcohol.  Especially liquor.  It's concentrated and easier to store than beer or wine.  Beside for getting inebriated, it is useful as a sedative and antiseptic. Non-perishable foods.  Canned goods are obvious.  Though, grains and cereals can be stored with relative ease under some circumstances.  (Obviously, not so easily done in an urban area.) Methods of starting a fire.  Preferably rugged ones, such as flint and steel.  (Lighters would only be of limited use.  Matches are bulky and require water-tight storage.) Salt and/or salt-licks.  (Possibly, other forms of non-perishable bait.)  As bstpierre puts it, hunting will be about survival not sport. Hand-tools. Textiles, fabrics, thread and needles. Medicines of all sorts, though especially antibiotics, antiseptics and painkillers. Books of a practical nature.  Topics such as: wilderness survival, cooking, carpentry, etc. The list is mostly ordered in terms of value & practicality. Ultimately, I doubt there is much that will provide a practical investment idea for such a scenario.  The physical security issue is a big limiting factor.  In a post-apocalyptic scenario it goes back to who is bigger, stronger and better armed. One thing does come to mind: knowledge.  Prepare yourself with the skills and knowledge you need to survive in such a scenario and you will be invaluable.  Also, as bstpierre notes in the comments, connections will likely also be important.  (Probably local or nearby connections.)  No one person can do it all alone.  It will come down to cooperation."}
{"_id": "327295", "title": "", "text": "My current strategy is long equity in blue chips with limited growth but large profits... Some call that value investing.  GM, AAPL, BRK.B have done very well for me. VZ is a notable straggler. Regardless, my overall positions have grown considerably :)  Not a fan of shorting... but TSLA would be my short of choice since it is very expensive to short SHLD."}
{"_id": "327301", "title": "", "text": "&gt; war only exists because other governments exist  That's extremely naive. War existed long before governments. Any collective of humans is capable of going to war.  &gt; government doesn't actually do anything related to roads, other than use tax money to pay individual companies to build them  So how do you remove government from those steps?   You think we should have private police forces? You think State Farm or Allstate wants to do that? How exactly would they compete on price? It would not be a profitable enterprise unless it was totally corrupt."}
{"_id": "327335", "title": "", "text": "Satya has amazingly turned MS around. They were the laughing stock of most developers for many years but have picked up a number of big name developers, released a lot of great developer tools and are starting to be relevant again. It's an amazing transformation and for the first time in my life I'm looking forward to what they do next."}
{"_id": "327340", "title": "", "text": "But their market share dropped, meaning their top line growth was from general growth in the ridesharing/transportation industry overall.  Their losses dropped because they increased prices. But if that's accompanied by a loss in market share, then their central thesis is disproven, namely that they can capture market share via subsidy and then slowly raise prices.   It shouldn't be surprising that it failed, either, given that transportation is mostly a commodity to people."}
{"_id": "327345", "title": "", "text": "Sorry for posting in this sub instead of personal, but thank you for responding and giving good feedback. I haven't thought of doing internships. San Fran is a 6 hr drive for me as I live in LA, but next summer maybe I could do an internship there. As for resume tips I most likely will PM you soon. Thanks so much!"}
{"_id": "327358", "title": "", "text": "Windows mobile is down to around 7% market share I believe. (if not lower)   I pirate my Microsoft software simply because I'm not paying 200 Australian dollars for it. I use google docs, it's free and can be accessed, shared, edited and has valuable user analytics.. Last time I used office it had none of this. However that could of xhangedt."}
{"_id": "327366", "title": "", "text": "There is one massive catch in this which I found out when I went to Nationwide to ask for a loan. I've got a credit card which they kept increasing my credit limit, it's now at something ridiculous - nearly \u00a310,000 but they keep increasing it. I never use that card, when I went to Nationwide though they said they couldn't give me a loan because I had \u00a310,000 credit already and if I reduced this credit this would affect my credit rating and they could potentially give me a loan. I then realised what MBNA had craftily done.  I have two cards with this bank, one with really low interest and the other with really high interest (and a high credit limit) - even though the other card has a zero balance loan companies still see it as money I could potentially go and spend, it doesn't matter to them that I've not spent any money on that card in about 12 months, to them it's the fact that they could give me a loan and then I could go and spend another \u00a310,000 on that card (as you can see extremely risky).   Of course this means that what MBNA are craftily doing is giving me such a high credit, knowing full well that I'm not going to use it, but it also prevents their competitors from offering me a loan, even at a lower rate, because I've already got too much credit available. So yes there is a catch to giving you a high credit limit on your cards and it's to prevent you from either leaving that bank or getting a lower interest rate loan out to clear the debt."}
{"_id": "327369", "title": "", "text": "\"The Fed doesn't exactly have a specific schedule when they decide to create a new dollar. Instead, they engage in open market operations, creating and destroying money as is necessary to preserve a certain interest rate for lending and borrowing. It's an ongoing process. When the Fed meets periodically and they see that inflation is getting out of hand, they will raise that rate; when they see that the economy is weak, they will lower it. They change the target rate from time to time, but they seldom tell people exactly what they'll do in advance, aside from them recently saying that rates will remain incredibly low \"\"for an extended period of time\"\". There are people who trade futures contracts based on what they think these rates will be, and the Fed does publish information on what the market thinks the probabilities are. That's probably the closest thing to telling you \"\"how much and when\"\". If you want to know about the size of the money supply, ask the Federal Reserve; you probably want series H.6, Money Stock Measures. For an explanation of what the data series there means, ask Wikipedia: you're probably interested in M2, because that's what actually affects the economy, though M0 is closer to what they actually \"\"print\"\" (currency, bills and coins, and deposits at the central bank). If you're concerned about the actual real value of your dollar dropping, the actual value drop is better understood by looking at either the inflation rate, or an exchange rate against a foreign currency (and depending on what you were hoping to use that dollar for, there are a couple of different inflation rates). The standard inflation rate which measures what happens in your day to day life is the consumer price index, published by the BLS. There are a variety of forecasts of this, but I'm not aware of any official government-agency forecasts.\""}
{"_id": "327428", "title": "", "text": "\"There are 2 and 3 family houses that have an \"\"owner occupied\"\" clause for certain financing. Of course, one would rent out the extra apartments without question.  The key thing is that owner-occupied means just that, occupancy for tax purposes. Just using a small area like an office won't satisfy the requirement, so no, this isn't legal.\""}
{"_id": "327432", "title": "", "text": "\"You are correct that it could refer to any of the types of interest rates that you've mentioned. In general, though, phrases such as \"\"rising interest rates\"\" and \"\"falling interest rates\"\" refer to the Federal Funds Rate or LIBOR. These are the interest rates at which banks in the U.S. and U.K., respectively, are lending money to each other.\""}
{"_id": "327441", "title": "", "text": "\"Bankruptcy should be your last option, and you will find that BK will not resolve most of your problems, and create many more problems. There are two kinds of BK that are available to the average person, Ch13 debt repayment and Ch7 liquidation.  Both have severe repercussions and lasting effects on your credit (7-10 years, after discharge). And the calculations required under the 2005 BAPCPA are complex and may require help to understand. Ch7 liquidation is the more severe course, and the trustee would liquidate assets that exceed exemptions (vary by state) to pay your creditors. Ch13 debt repayment is hard, and only 20-25% of those who pursue that route complete the debt repayment plan.  Your credit score for either course would suffer greatly (200-250 points) and would remain reduced for years, especially since you would have to rebuild credit. And the law is flawed both in design and execution as there is no reward for successful debt repayment, few finish their repayment plan (20-25%), the mean recovery for unsecured creditors in repayment is zero (thus does not help creditors), and leaves the debtor with damaged credit for years (not a fresh start). Although you may have made some decisions that have placed you in a difficult position, you can find solutions to resolve these problems. You may find that simply learning to make better choices will improve your situation. Take a financial education course (such as the Dave Ramsey course), and learn how to budget, and make better choices. The LearnVest website offers a simple way to budget by dividing budgeting into only three (3) categories with suggested percentages for each, essentials (<50%), financial priorities (>20%), and lifestyle (<30%). The damage to your credit from the derogatory effects of BK would linger for years, but the damage from poor payment history declines much quicker, and loses most of the effect after 2 years (and should you keep the accounts open, leaves you with good history and longer account history), thus the effects decline to minimal after as little as 2 years of good behavior/payment history. Make a plan that prioritizes the debts, and how you will resolve the problem, and work the plan.  Based upon the income and debts you mention, the situation you have may not be as bad as it appears. You may be getting bad advice, especially from a debt settlement company that might be more interested in their fees than in your problem. Since you \"\"want to play fair and continue with payments, but when people start to get greedy like this I am ready to just stop caring\"\", you really need two things, a plan, and a friend, someone who you can talk to honestly and openly, and who can support you as you work through the plan you make. Since you \"\"would prefer the option that will give me the most peace of mind and allow me to start saving money as soon as possible\"\", you need to find an approach that fits your goals.  Your statement that you \"\"don't plan on ever using credit again\"\", fits with the Dave Ramsey philosophy and resonates with many of us who have learned that those who grant credit are often harsh masters. Now that you have provided more information, the advice below expands upon the above reflecting upon your specific situation. Since you make $62K/year, you may be close to the median income, and the BAPCPA (Bankruptcy Abuse Prevention and Consumer Protection Act of 2005) has a presumption of abuse for filing Ch7 when you have above median income (for your state, check the law). As you may be pushed into Ch13 debt repayment anyway, examine what you could do to repay the debt (over 5 years, 60 months, as that would be a Ch13 repayment duration). Since you have $8K of revolving (unsecured?) debt, that would be repaid in Ch13 over 60 months at about $133/month (no interest), but you would also be paying 10% to the trustee.  There might be some portion of your auto debt which is unsecured, and also be repaid unsecured, suppose that is $3000.  That would add another $50/month to the plan. The car could be repaid over 60 months (including interest), so you might be repaying $300/month for the car (estimate), although the payment could be higher or lower depending upon how much of the value of the car is unsecured.  The trustee might object that the car is too expensive (depends upon the value, and the trustee), and require be liquidated. Since BK excludes relief for student loans, you might find yourself paying the student loans at the same payment. Your $62K income suggests that you have about $4200/month (guess, after taxes).  The mortgage payment is higher than 25% ($1050-1100 would be ideal for your income).  But after your mortgage payment you should still have about $3900.  Even with $300 for credit card debt, $500 for car, and $400 for student loans (guessing), that leaves $2700 for essentials (utilities, food), lifestyle (cellphone, entertainment), and savings. You might find a friend who is good at budgeting who would be willing to help you craft a budget and be your \"\"responsibility partner\"\" to help you stick to the budget. Here is a sample plan (your mileage may vary), Essentials (50%, $2100): $2180 Financial (30%, 1230): $1250 Lifestyle (20%, 840): $500 (pick up slack here, as you have high debt load)\""}
{"_id": "327443", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://econlog.econlib.org/archives/2017/06/what_monopsony.html) reduced by 90%. (I'm a bot) ***** &gt; If you can reduce wages by one penny per hour without losing all your employees, then you have monopsony power in the labor market.  &gt; It&amp;#039;s becoming increasing clear that monopsony power is more than a minor characteristic of the labor market, it gets to the heart of the current issue of labor shortages.  &gt; Office workers, service workers, trades people, general labor, engineers, sales people.... Getting people to show up is as important as getting people with skills.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hv0w7/what_monopsony_power_in_the_labor_market_looks/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146775 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **people**^#2 **labor**^#3 **power**^#4 **skills**^#5\""}
{"_id": "327445", "title": "", "text": "The need for STEM careers in 2020 will increase from today's needs by approximately 50% (Department, 2015). There are numerous businesses, companies and associations in the areas surrounding schools that have an aspect of STEM Science Technology Engineering Math in their day to day processes. Even before the STEM Initiative, many schools had made their own efforts to improve education in these areas. STEM Education is important in a competitive global economy, and the U.S. is falling behind in educating its youth. Visit http://www.techjoyntfranchise.com/ to find STEM designated education across the United States."}
{"_id": "327461", "title": "", "text": "Their future is certainly not guaranteed, but the have the biggest head start.  The board is not the issue - the criticisms are of the leadership (or lack thereof), the culture, and the former CEO.  Even despite the issues, Uber still controls global market share for consumer ride share apps, and has been first to market with driverless trucks too.  Uber will be fine."}
{"_id": "327479", "title": "", "text": "Ultra-low rates can spur an unhealthy boon in M&amp;A deals/Corporate takeovers as management (defensively) and raiders (offensively) lever up cheaply to acquire companies. This can be problematic down the line when takeovers/large investments (that were funded with cheap debt) dont pan out and interest rates rise, and with it the cost of servicing that debt."}
{"_id": "327480", "title": "", "text": "\u201cFrom time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience to help members find something great to watch even faster,\u201d the spokesperson told Gizmodo.  One of the big reason Netflix is doing their own content is because the ever increasing price of securing television shows and the unreliability of it. Often contracts will be up and the provider decides not to renew.  To include the cost of doing business in producing shows as an excuse to raise prices is little more than an excuse. Netflix is going to start spending less money retaining not Netflix shows.  Just admit that costs are going up and Netflix wants more money.   One side note. Netflix produces a lot of good shows. They also produce a lot of crappy shows that bomb. A better quality control would help them save money."}
{"_id": "327488", "title": "", "text": "Pengobatan Sakit Kepala Untuk Ibu Hamil \u00bb Sakit kepala atau di sebut juga pusing memang selalu membuat tidak nyaman. Jangankan yang sudah terbiasa pusing, mereka yang jarang pun bisa saja terserang gangguan ini ketika hamil.  Biasanya, sakit kepala muncul pada awal kehamilan, dan pada bulan-bulan berikutnya akan jarang timbul."}
{"_id": "327490", "title": "", "text": "Card-dna.biz undeniably offers the best prepaid cards in the market that stands out in services and costs, claiming to be the best in the market. We also provide all the details regarding the types of card we offer to help you make a decision. Visit our website for more!"}
{"_id": "327501", "title": "", "text": "How To Finance Your Small Business  \u0406f \u0443\u043eu h\u0430v\u0435 \u0430 gr\u0435\u0430t bus\u0456n\u0435ss \u0456d\u0435\u0430 \u043er \u0440l\u0430n, \u043er \u0456f \u0443\u043eu w\u0430nt t\u043e \u0435\u0445\u0440\u0430nd \u0443\u043eur \u0435\u0445\u0456st\u0456ng s\u0435rv\u0456\u0441\u0435s, d\u043e n\u043et l\u0435t l\u0430\u0441k \u043ef funds st\u043e\u0440 \u0443\u043eu \u0456n \u0443\u043eur tr\u0430\u0441ks. \u0422h\u0435r\u0435 \u0430r\u0435 v\u0430r\u0456\u043eus f\u0456n\u0430n\u0441\u0435 \u0430v\u0430\u0456l\u0430bl\u0435 f\u043er sm\u0430ll bus\u0456n\u0435ss\u0435s. W\u0435 t\u0430k\u0435 \u0430 l\u043e\u043ek \u0430t sm\u0430ll bus\u0456n\u0435ss \u0435ntr\u0435\u0440r\u0435n\u0435urs \u0441\u0430n t\u0430k\u0435 \u0430dv\u0430nt\u0430g\u0435 \u043ef f\u0456n\u0430n\u0441\u0456\u0430l \u043e\u0440\u0440\u043ertun\u0456t\u0456\u0435s.  Wh\u0435n th\u0435 s\u043eur\u0441\u0435 \u043ef fund\u0456ng t\u043e \u0456n\u0441lud\u0435 th\u0435 d\u0456ff\u0435r\u0435nt \u043erg\u0430ns, su\u0441h \u0430s b\u0430nks, g\u043ev\u0435rnm\u0435nt s\u043eur\u0441\u0435s, v\u0435ntur\u0435 \u0441\u0430\u0440\u0456t\u0430l\u0456sts \u0430nd \u201c\u0430ng\u0435l\u201d \u0456nv\u0435st\u043ers wh\u0435n \u0456t \u0456s us\u0435ful t\u043e s\u0435\u0435 wh\u0430t \u0430ll l\u0435nd\u0435rs, r\u0435g\u0430rdl\u0435ss \u043ef \u0441l\u0430ss, \u0443\u043eu w\u0430nt, wh\u0435n th\u0435\u0443 \u0430r\u0435 l\u0435nd\u0456ng m\u043en\u0435\u0443, \u043er \u0430t \u0435nt\u0435r\u0440r\u0456s\u0435 \u0456nv\u0435stm\u0435nt.  Wh\u0435n \u0443\u043eu \u0430r\u0435 l\u043e\u043ek\u0456ng f\u043er \u0430lr\u0435\u0430d\u0443 \u0435\u0445\u0456st\u0456ng s\u0435rv\u0456\u0441\u0435s \u043ef m\u043en\u0435\u0443, th\u0435 l\u0435nd\u0435r w\u0456ll b\u0435 \u0456nt\u0435r\u0435st\u0435d t\u043e kn\u043ew \u0430b\u043eut \u0443\u043eur tr\u0430ns\u0430\u0441t\u0456\u043en h\u0456st\u043er\u0443; \u0456t h\u0430s g\u043e\u043ed m\u0430n\u0430g\u0435m\u0435nt \u0430nd g\u043e\u043ed r\u0435sults \u0456n \u0430 r\u0435\u0441\u043erd. L\u0435nd\u0435rs w\u0456ll b\u0435 k\u0435\u0435n t\u043e kn\u043ew \u0456f \u0443\u043eu h\u0430v\u0435 th\u0435 \u0430b\u0456l\u0456t\u0443 t\u043e r\u0435turn l\u043e\u0430ns, \u0430nd s\u0435\u0435 th\u0435 \u0430m\u043eunt \u043ef \u0443\u043eur \u0441urr\u0435nt \u0456n\u0441\u043em\u0435 \u0456s t\u043e s\u0435\u0435 th\u0430t \u0443\u043eu m\u0435\u0435t \u0443\u043eur \u0441urr\u0435nt \u043ebl\u0456g\u0430t\u0456\u043ens \u0430nd t\u0430k\u0435 \u043en \u0430dd\u0456t\u0456\u043en\u0430l d\u0435bt wh\u0435th\u0435r \u0456t \u0456s \u0430d\u0435qu\u0430t\u0435.  https://allbiztalk.com/how-to-finance-your-small-business/"}
{"_id": "327502", "title": "", "text": "Gods are supposed to exist independently from humans - that's part of the belief. Other than that, we really have mapped out old faiths onto the new structure. We are told to have faith, keep our heads down and behave, and we'll have a pleasant retirement (i.e. afterlife). The market will provide, God willing..."}
{"_id": "327509", "title": "", "text": "I think it comes down to whether you are happy with the investment choices in the 401k.  If you are, there is no reason not to invest there.  Additionally, it doesn't have to be an either-or choice.  You can invest up to the maximum in both accounts. BTW, congratulations on thinking about retirement at your age.  I wish I had been in a position to do that."}
{"_id": "327516", "title": "", "text": "\"&gt;  As you probably do not know, the poorest counties in the US are 95% white  Your source specifies Owsley County, Kentucky as example of \"\"the nation's poorest country\"\" which is 95% white.  It is also [the second smallest county in Kentucky, with a population less than 5,000](https://en.wikipedia.org/wiki/Owsley_County,_Kentucky).  Nobody disputes that there are pockets of very poor white people.  The liberal position is that, in general minorities have it worse.  Consider [Wilcox County, AL that actually was poorer per household than Owsley County in 2015](https://en.wikipedia.org/wiki/List_of_lowest-income_counties_in_the_United_States).  [The population there is 11,670 and it is 72.5 percent are black](https://en.wikipedia.org/wiki/Wilcox_County,_Alabama).  That right there is enough to counterbalance Owsley County's imbalance.  (It tilts it to the other side if you consider that there are more whites than blacks in this country.)\""}
{"_id": "327525", "title": "", "text": "\"Share prices change (or not) when shares are bought and sold. Unless he's sitting on a large percentage of the total shares, the fact that he isn't selling or buying means he's having no effect ar all on the stock price, and unless there's a vote war going on in the annual meeting his few stockholder votes aren't likely to have much effect there either (though there's always the outside chance of his being a tiebreaker). On the other hand, there's nothing inherently wrong with holding shares for a very long time and just taking the dividends (\"\"clipping coupons\"\"). Buy-and-hold is a legitimate strategy. Basically: His reason is wrong, but his action may be right, and you should probably just not ask.\""}
{"_id": "327526", "title": "", "text": "There are certain companies that will let you pay a flat fee per month instead of billing you for consumption.  You should call your providers and ask them if they have such an option available; this way budgeting will be easy. :)"}
{"_id": "327533", "title": "", "text": "That's what I'm saying.  But apparently people are doing it.  It woulnd't be going up otherwise would it?  And isn't that the only way bitcoin or stocks can go up above their last record?  If everyone followed that rule.  Nothing would ever rise right?  I'm sure I don't understand it fully.    Stocks and bitcoin's(cryptocurrencies in general) all seem crazy to me."}
{"_id": "327536", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.newsroom.co.nz/2017/09/13/47681?slug=living-wage-doesnt-kill-jobs-it-creates-them) reduced by 93%. (I'm a bot) ***** &gt; The Living Wage Movement Aotearoa New Zealand in 2017 has held election forums in Auckland, Hamilton, Wellington and Christchuch, at which political party representatives have been asked to commit their parties to supporting a living wage.  &gt; Develop an ongoing relationship between the Government and the Living Wage Movement Aotearoa New Zealand through an advisory group to champion the living wage throughout the economy.  &gt; The paper reviewed studies of the impact of the living wage or the adoption of a minimum wage higher than the federal minimum wage in Maryland, Baltimore, Los Angeles, Boston, Chicago, San Franciso and Florida.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/706yn4/living_wage_doesnt_kill_jobs_it_creates_them/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~210091 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **live**^#2 **minimum**^#3 **percent**^#4 **States**^#5\""}
{"_id": "327544", "title": "", "text": "Until they're old enough to be legally responsible for their own credit, the only thing you can really do is show them by example how to manage money and credit in your own finances.  Teach them budgeting, immerse them in understanding how credit and financing work, and teach them smart ways to make their money work for them. When they're teenagers, you could potentially approach small banks or credit unions about ways to perhaps co-sign loans for them and let them make payments to learn good habits for managing their responsibilities, but that's not always easy either.  It won't do anything for their credit, but having the responsibility of coming in to make payments might instill good habits and help their self-esteem at the same time. You have great intentions, but as has been pointed out here already, from a legal standpoint there's not much you can do.  All you can do is prepare them for the day when they are on their own and can enter into credit agreements.  Kids going to college get into real trouble with credit because cards are handed out like candy to them by the banks, so teaching them money management skills is invaluable and something you can do now."}
{"_id": "327556", "title": "", "text": "\"You are asking multiple questions here, pieces of which may have been addressed in other questions.  A bond (I'm using US Government bonds in this example, and making the 'zero risk of default' assumption) will be priced based on today's interest rate. This is true whether it's a 10% bond with 10 years left (say rates were 10% on the 30 yr bond 20 years ago) a 2% bond with 10 years, or a new 3% 10 year bond.  The rate I use above is the 'coupon' rate, i.e. the amount the bond will pay each year in interest. What's the same for each bond is called the \"\"Yield to Maturity.\"\" The price adjusts, by the market, so the return over the next ten years is the same.  A bond fund simply contains a mix of bonds, but in aggregate, has a yield as well as a duration, the time-and-interest-weighted maturity.  When rates rise, the bond fund will drop in value based on this factor (duration). Does this begin to answer your question?\""}
{"_id": "327560", "title": "", "text": "Generally, when I run across this kind of situation, I look for the Investor Relations section of the corporate website for a 'Stock Information' (or similar) tab or link.   This usually contains information explaining the different shares classes, how they relate (if at all), voting and/or dividend rights, and taxation differences for the different classes. However, I have trouble finding such a page on a central BYD corporate investor relations page.   I did find this page detailing the HK1211 shares: http://www.byd.com/investor/base_information.html.  I don't know what or why, but something tells me this is an older page. Searching on, I also found this page which looks newer and clarifies that the difference you are seeing is between 'A' and 'H' shares. http://www.byd.cn/BYDEnglish/basic/article.jsp?articleId=1524676.  (I'm guessing but I'd think somewhere in the announcements on this byd.cn site, you may find more details of any structural differences between share classes -- I just didn't want to page through them all.)"}
{"_id": "327582", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Deep Dive: Fixing Our Broken Food System Description | Making sure that everyone has access to safe, affordable, and healthy food, is a complex task.  Consider the complicated production and distribution systems, both large and small, that need to balance environmental and labor concerns, with sometimes competing business priorities.  Moving away from a system that incentivizes cheap, processed junk requires not only policy solutions, but creativity from both the private sector and the individual consumer. Failure to act has resulted in consequences... Length | 1:21:19           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "327595", "title": "", "text": "That's not unreasonable if you're working in reactor control safety, or an autopilot, and therefore it is considered worthwhile running multiple systems in parallel that cross-check each other.  I'm guessing you weren't...  Edit: Minor phrasing tweaks for clarity."}
{"_id": "327600", "title": "", "text": "I recommend opening a UTMA investment account with any of the major discount brokerage firms (Schwab, Fidelity, etc) and making regular deposits into an index or target fund. Have the statements sent to your niece's address so she can see the growth over time. The custodian of the account will have control until she turns 18 or 21, then she will have full use of the money. You have other options (like a 529 account), but those come with restrictions on how the money can be spent."}
{"_id": "327604", "title": "", "text": "\"Even the Wall Street jobs require skill, knowing how the stock market work, knowing how people work, etc.   Even saying \"\"that luck is the main factor in the majority of cases of great wealth\"\" is still wrong.   Really the only time luck is the real reason is non skill based gambling games (lottery, slots, etc), inheritance, and finding a wallet on the side of the road/street\""}
{"_id": "327623", "title": "", "text": "Most of the credit unions and small banks in USA do not have the connectivity to swift network and thus does not have a Swift Code, IBAN or other international routing codes. They can still receive international wire transfers. Sender's international financial institution should have a correspondent bank in the US (which acts as an intermediary bank) to which they can wire the money The intermediary bank will send the money domestically (within USA) using aba routing numbers of the small bank or credit union."}
{"_id": "327629", "title": "", "text": "It amazes me how I just missed this.  I graduated college in 2002.  I was able to find a job.  My college cost half as much as it does now and I was in the position to buy a home when the market bottomed out.  The people who were freshmen in college when I graduated entered a whole different world.  The problem is that as I moved up at work, I just got assigned new rolls in addition to what I was doing before.  I work in a department of 2 people, we are both Directors.  But where is my assistant and helpers, where did the entry level jobs at my workplace go? Downsized and/or outsourced."}
{"_id": "327643", "title": "", "text": "You know what lowers wages?  Social safety nets.  *NOW*...before you read that as advocating for the removal of social safety nets, hear me out:  A low-wage service company would, in the absence of any social safety net, be required to pay employees far more.  Why?  Because employees would be required to cover all of their needs with their wage.  No food stamps, Medicaid, etc.    What, then, would higher wages do?  It would cut back on the need to spend on social safety nets.  Higher wages provide employees with the ability to cover more of their own needs with their labor income.    Unfortunately, this is a chicken-or-egg problem.  I would never cut social safety netting before advocating for higher wages, because I wouldn't leave people out in the cold without needed assistance.  So where do I stand?  I advocate for higher wages *first*, so that we can gradually decrease taxpayer funded social safety nets for working Americans later."}
{"_id": "327651", "title": "", "text": "\"Appears to be a hypothetical question and not really worth answering but... Must it be explained.. no, not until audited. It's saying that for everything reported on a tax return, people have to include an explanation for everything, which you do not, unless you want to make some type of 'disclosure' which is a different matter. Must it be reported.. Yes, based on info presented. All income is taxable unless \"\"specifically exempted\"\" per the US Tax code or court cases. Gift vs Found Income... it's not 'found' income as someone gave (gifted) the money to him. Generally, gifts received are not taxable and don't have to be reported.\""}
{"_id": "327653", "title": "", "text": "It's simple. Look, children are basically an 18-year debt, and if a couple is poor, they can't adequately pay that debt AND their own lifestyle costs. If those who can't afford that debt simply... delayed or abstained from reproducing... that would very easily solve the poverty problem permanently, so long as the next generation followed the same. This next generation would also have more of a surplus since their parents had to have had a surplus before having kids. Ad infinitum. This is exactly what happened in my own family so I know it's possible.  Ultimately, most poor people only have their parents to blame."}
{"_id": "327671", "title": "", "text": "Can confirm. I have no capability to take the hundreds of jobs in my area because they are terrible pay, and I am very over qualified for them. I can barely find 3-4 jobs a week I can apply for that would hire me. I saw something recently that said a college degree over qualifies us for a job, yet under qualifies us for a career."}
{"_id": "327673", "title": "", "text": "Does anyone know anything about FCAC - Canada's financial bank regulator?  If so, a recent article by CBC came out stating that our financial regulator is being lobbied often by the very same banks they are supposed to be watching.  My question would be when private banks are meeting with our financial watchdogs in Canada; what would they be lobbying towards; specifically in the case of Canada, and their finance law?"}
{"_id": "327677", "title": "", "text": "I was thinking the same thing. I would have actually used it should have known. Talk about a marketing fail. Some executive just figured out the AIM task team hasn't shown up for work for a decade but they have been paid every other week."}
{"_id": "327700", "title": "", "text": "Paying off your student loan is an investment, and a completely risk-free one.  Every payment of your loan is a purchase of debt at the interest rate of the loan.   It would be extremely unusual to be able to find a CD, bond or other low-risk play at a better rate.  Any investment in a risky asset such as stocks is just leveraging up your personal balance sheet, which is strictly a personal decision based on your risk appetite, but would nearly universally be regarded as a mistake by a financial advisor.  (The only exception I can think of here would be taking out a home mortgage, and even that would be debatable.) Unless your loan interest rate is in the range of corporate or government bonds -- and I'm sure it isn't -- don't think twice about paying them off with any free cash you have."}
{"_id": "327715", "title": "", "text": "Northwave EC Location has to be thought out as carefully as possible. This helps in ensuring that it is at a prime point. In many cases, the land used for such developments is vast thus offering the people the space and freedom that they may be in need of. Many residential units of a luxurious nature are involved and in certain instances, shops and recreational centers can be included adding to the convenience to the people. Pop over to this web-site http://northwave.co/ for more information on Northwave EC Location."}
{"_id": "327723", "title": "", "text": "\"There are far more questions to be addressed here than one answer can address. Let me work backwards, and start with the easy part - \"\"I make $120K/yr, what can I afford?\"\" You are making $10K/mo. A great income. A well written mortgage will allow you to use 28% for housing, that's the mortgage, property tax, insurance, and HOA. On $2800, let's take out $500 for prop tax, and just $300 for insurance. I'll even ignore HOA for now. The remaining $2000/mo will fund a mortgage of $400K. That's not close to a $700K condo.  A $550K mortgage would cost $2800/mo, and $3600 with tax and insurance, $4100 with HOA. Over 40% of your gross and a sign that you are in over your head.  The real question is why you'd want to do this. $1600/mo rent means you can save $2000/mo in addition to what you already save if you stay put.\""}
{"_id": "327729", "title": "", "text": "I have a loan that was picked up by BofA, too.  They required escrow, but there was a problem with one of their checks to my insurance company where it evidently got lost in the mail.  My insurance company contacted me, and I called BofA, who said it had been paid and may just be taking the insurance company a while to credit all the individual accounts (they send a check for a lot of customers at a time).  Well, since the check wasn't received, my insurance company contacted me again, and I finally straightened it out with everyone.  After that, I complained that it would have been much easier for me if I paid it myself instead of being a middle man, so they canceled my escrow, refunded the money to me, and now I pay the taxes and insurance myself.  I prefer it that way, as it simplifies things.  I've been a little surprised that BofA has been really nice whenever I contact them, and always seems willing to make me happy.  Maybe it's just because I pay on time and have paid a lot of extra on the principal so that there's no danger that I'll default."}
{"_id": "327737", "title": "", "text": "Be very careful about buying property because it has been going up quickly in recent years.  There are some fundamental factors that limit the amount real-estate can appreciate over time.  In a nutshell, the general real-estate market growth is supported by the entry-level property market.  That is, when values are appreciating, people can sell and use the capital gains to buy more valuable property.  This drives up the prices in higher value properties whose owners can use that to purchase more expensive properties and so on and so forth. At some point in a rising market, the entry-level properties start to become hard for entry-level buyers to afford.  The machine of rising prices throughout the market starts grinding to a halt.  This price-level can be calculated by looking at average incomes in an area.  At some percentage of income, people cannot buy into the market without crazy loans and if those become popular, watch out because things can get really ugly.  If you want an example, just look back to the US in 2007-2009 and the nearly apocalyptic financial crisis that ensued. As with most investing, you want to buy low and sell high.  Buying into a hot market is generally not very profitable.  Buying when the market is abnormally low tends to be a more effective strategy."}
{"_id": "327747", "title": "", "text": "&gt; The state is so blue/democratic that Gov. Rauner is almost at a disadvantage by default.  More complicated than that. Republicans have been governor of the state for 8 of the past 10 terms.  The state is very blue in presidential elections, mostly red in governor elections, strongly blue in state house.   The issue is indeed that the unions have too much of a stronghold on the politicians."}
{"_id": "327771", "title": "", "text": "NapiGator SEO is Murrieta's leading SEO Agency. Our friendly team of SEO experts are here to help you grow your business, boost your search traffic, and add more 00's to your bottom line. Our unique, high powered approach to SEO has led to our clients going from strength to strength. If you'd like to leverage our enterprise strength SEO for your business, call us today."}
{"_id": "327790", "title": "", "text": "Yes  I kow my questions are broad and debatable, I was looking to spark the interest of multiple perspectives/opinions.   Regarding the strength of western economic fundamentals, I think a lot of it has to do with simply better performance by companies, especially in Western Europe. I think both this performance (companies' broad EPS growth) as well as less anxiety over the future of the Eurozone/PIIG debt crisis has engendered a broad feeling of positive animal spirits.   Imo this has become a recursive self fulfilling prophesy in the markets as people's optimistic expectations of the future leads to higher investment, lending and risk taking, which results in growth, which then rewards and spurs further spending/investment. The other argument (especially in EU) is that the ECB's sustained accommodative monetary policy policy is finally trickling down into European asset prices just like they did for US equities from 2011-2015.   Regarding your series of questions about China/NK, I was genuinely hoping for answers/opinions on those questions you proposed. I think China is playing Trump and the State Dept like a fiddle - stringing us along with this Kim debacle while they quietly consolidate sea territory (man-made military islands) &amp; drilling rights in the South China Sea."}
{"_id": "327796", "title": "", "text": "It wouldn't. An HSA is essentially a tax shelter (emphasis mine): For those that can afford it, the HSA is a powerful tax shelter It helps anyone that has money, and can put it into an HSA, but if the money isn't there, the HSA serves no real purpose."}
{"_id": "327806", "title": "", "text": "The question Can I use balance transfer to buy car? is going to give you the same answer. It depends on the exact terms of that offer. Your offer may allow you you write yourself a check, to the checking account tied to your debit card. Or it may specifically request you identify an existing debt to repay. Read the terms."}
{"_id": "327812", "title": "", "text": "I completely agree with the other posters, I don't want this to become WSO. If we had a FAQ for topics such as CFA, internships, networking etc. in the sidebar, it would decrease the number of such posts significantly. There's already a lot of good info in older posts, people just aren't willing to search for it.   Mods, I'd be happy to go through some of the older stuff and compile it together. There's also supposed to be a wiki feature coming soon for subreddits."}
{"_id": "327814", "title": "", "text": "First utilize a security screener to identify the security profiles you are looking to identify for identifying your target securities for shorting.  Most online brokers have stock screeners that you can utilize.   At this point you may want to look at your target list of securities to find out those that are eligible for shorting. The SHO thresold list is also a good place to look for securities that are hard to borrow to eliminate potential target securities. http://regsho.finra.org/regsho-Index.html  Also your broker can let you know the stocks that are available for borrowing.  You can then take your target securities and then you can look at the corporate filings on the SEC's Edgar site to look for the key words you are looking for. I would suggest that you utilize XBRL so you can electronically run your key word searched in an automated manner.   I would further suggest that you can run the key word XBRL daily for issuer filings of your target list of securities.  Additional word searches you may want to consider are those that could indicate a dilution of the companies stock such as the issuance of convertible debt.  Also the below link detailing real short interest may be helpful.  Clearing firms are required to report short interest every two weeks. http://www.nasdaq.com/quotes/short-interest.aspx"}
{"_id": "327826", "title": "", "text": "You only need to report INCOME to the IRS. Money which you are paying to a landlord on behalf of someone else is not income."}
{"_id": "327844", "title": "", "text": "For clarification, #3 Eastman used to be Eastman Kodak, and when film died they went through many nasty downsizes, the people they have now are a skeleton of that who are completely shellshocked, or replacements clueless to the butchery that preceded them. Same management though."}
{"_id": "327859", "title": "", "text": "&gt; There are 70,000 britons who chose to get medical treatment in other countries instead of the NHS.  70K sounds like a lot until you know [1,400,000 Americans made that same choice in 2016](https://www.patientsbeyondborders.com/medical-tourism-statistics-facts).  Since the US has about 5 times the population, you just proved that the NHS system is about 4 times better than the US's."}
{"_id": "327863", "title": "", "text": "The definitive answer -- if you want to call it that -- is in Title 26, Section 529(e)(5): (5) Eligible educational institution   The term \u201celigible educational   institution\u201d means an institution- (A) which is described in section 481 of   the Higher Education Act of 1965 (20   U.S.C. 1088), as in effect on the date   of the enactment of this paragraph,   and (B) which is eligible to   participate in a program under title   IV of such Act. Here's the link to the section mentioned in Part (A)."}
{"_id": "327866", "title": "", "text": "\"Well the whole book was founded on an factually incorrect thesis: HFT front runs retail orders, so I'll start with that.  But to be a bit more detailed, the basis for Katsuyama's \"\"journey\"\" into better execution was based on a completely incorrect model of how the markets work, that his trades were being \"\"seen\"\" by HFT firms before he placed the order is absolutely stupid; singular parts of his multi-exchange order were being executed before they hit other exchanges and HFT firms rightfully reacted to changes in supply and demand.\""}
{"_id": "327868", "title": "", "text": "&gt; I follow bitcoin more than you think. I suspect I understand it better than you do.  My apologies, I didn't mean to be rude. Although hey now, I'm pretty knowledgeable! :P  &gt; This would stand in stark contrast to the repeated denials by the hodlers that bitcoin can't be regulated   Oh bitcoin can absolutely be regulated and banned and the governments are already working on these tracking tools already.  Yet to ban bitcoin in 2014 would almost be equivalent to banning the internet in 1999. It hasn't yet reached mass adoption but to ban it after so much development has gone into it, and after so many people have shown the opportunity with it, that to ban it would signal error/mistrust towards the government.   *Let's ignore that though*  Even if it's palatable for governments to ban bitcoin *(as did Equador just recently actually)* all it does is cause the currency to go to the underground markets. It won't be banned globally and people won't have access to their accounts severed: the governments will just make it difficult to use and create bitcoin businesses within the country officially.   Thus with this in mind, would a government want to create a regulated and highly-watched industry or push everything into the dark where they have no control? If they do it doesn't make bitcoin go away it just pushes it towards other countries and causes certain citizens to increase their distaste towards governments.   It's interesting to see the different incentives play against each other."}
{"_id": "327872", "title": "", "text": "Compliance is the future of finance in the U.S.A.  Stop bitching and be grateful for the fact that you are being given a chance.  There are millions of people working for extremely low equivalent pay around the world.   (The average salary for a college graduate in Shenzhen, China is $475 per month.  Don't think for a second that these grads aren't as smart or hardworking as you.)  Look around and appreciate the modern marvels of engineering, public utilities, and technology that surround you.    Applaud the fact that your fellow citizens are conscience enough to clean up after themselves.  e.g. using proper receptacles.    Take pride in the fact that you are bright, talented, and moving forward   Good luck."}
{"_id": "327877", "title": "", "text": "I thought this was a very good write up. I don't work for a pay cheque, if I love my job, money is unimportant. Its not totally out of the way, I believe in a fair days pay for a fair days work. I've seen lots of different boss 'styles' and really I need to respect my boss or its very hard to stay in the job, even if I like the job. I love change and love to learn. I've had plenty of that in my short 9 months with my current organisation. I've been in the work force for 32 years and seen lots of changes. I've settled down and decided I want a happy environment to work in, no drama in the office and a boss who I can learn from and respect. Money is secondary to all this."}
{"_id": "327880", "title": "", "text": "\"Unless your stinginess has reach truly compulsive levels, it should be enough to consciously remind yourself of the value of your time when you make purchase decisions or find yourself chasing minor savings. Another way might be to deliberately give yourself a monthly or weekly budget that you're allowed to \"\"waste\"\" on luxuries and conveniences without worrying.\""}
{"_id": "327888", "title": "", "text": "This guy is literally proposing a bucket shop. Trades against customers and copy their trades. No centralized clearing (it's not executing trades at all). And he thinks these are good things that customers should get him for.  Scam. And a very old one at that."}
{"_id": "327899", "title": "", "text": "\"I live in Chicago and while I think the city could do a fine job at supporting the vacancies amazon has to offer, it's not on my radar as a place to work if Chicago wins the bid. For every \"\"my friend didn't hate working at Amazon\"\", there are a million horror stories.  Life's too short to hate your job. Not saying you have to love it, but why spend half of your waking life (oftentimes more at places like this) at a place designed to chew you up and spit you out. I've worked at those places. Never again. It's not worth the money (but will probably be worth the experience for a lot of people, unfortunately)\""}
{"_id": "327901", "title": "", "text": "\"They always use the term \"\"spike\"\" - making the assumption they will go down.  An large eruption in Iceland, if one occurs,  (less likely than not) would cause major increases in food prices globally, just like a limited nuclear war would.   In even a small nuclear war the food cost increase subsequent to a short \"\"nuclear winter\"\" is projected to kill two billion people, mostly children, worldwide.\""}
{"_id": "327903", "title": "", "text": "You can only claim an input tax credit if tax was actually collected by the seller, irrespective of whether it should have been or not. You need to contact the seller to request an invoice that shows the GST/HST, if any, as well as the seller's GST/HST number, which is required to be printed on invoices. If the seller is not including GST/HST in the prices indicated on Kickstarter, I would like to know how they get away with that!"}
{"_id": "327905", "title": "", "text": "\"&gt;The homeless should stand in lines,   This would only artificially create LONGER lines, and LONGER wait times.  &gt;then sell their spot in line to others who need it.  In order to give the ILLUSION of being able to \"\"jump\"\" to the front of the line.  Basically you have recreated (yet another fraudulent) \"\"frontrunning\"\" system.   *Granted that wouldn't apply to renewing a passport, but to just about everything else.* **Why not just HIRE someone to do your errands for you** *if you are so overflowing with extra cash? Heck you could then have your \"\"personal servant\"\" do a lot of other things for you as well -- iron your pants, draw your bath, wipe your arse, etc.  A Jeeves for your Wooster.*\""}
{"_id": "327911", "title": "", "text": "&gt; His favored solution to making global progress against poverty, unemployment and carbon emissions is social entrepreneurship, the creation of \u201cself-sustaining\u201d businesses that operate with \u201cfreedom from profit pressures and from the demands of profit-seeking investors,\u201d making \u201csocial businesses viable even in circumstances where current capitalist markets fail.\u201d   Those are weak half-measures that won't work long-term.  This is a solvable problem, but this isn't the way to do it."}
{"_id": "327914", "title": "", "text": "I agree with the premise and vehemently disagree with the solution!  Why in the name of all that is holy would you think giving the power to a random group of wealthy people is going to end up in ANY WAY better?!  They will take that power, and grab every thing they can!  The solution is ridiculous and DOESN'T follow from the problem!  If you want a solution, you want REAL oversight!  You want people checking these decisions and verifying them that you and the people can trust!  We don't trust the market!  We don't trust big money!  You don't trust the government!  That's why I was looking for a solution that works for everyone!  Why, after all that work we went through, have you thrown it all away and gone back to this tripe?!"}
{"_id": "327925", "title": "", "text": "\"I didn't even have access to a 401(k) at age 24.  You're starting early and that's good.  You're frugal and that's good too.  Retirement savings is really intended to be a set it and forget it kind of arrangement.  You check in on it once a year, maybe adjust your contributions.   While I applaud your financial conservatism, you're really hamstringing your retirement if you're too conservative.  At age 24 you have a solid 30 years before retirement will even approach your radar and another 10 years after that before you have to plan your disbursements.  The daily, monthly, quarterly movements of your retirement account will have literally zero impact on your life.    There will be money market type savings accounts, bond funds, equity funds, and lifecycle funds.  The lifecycle fund rolls your contributions to favor bonds and other \"\"safer\"\" investments as you age. The funds available in retirement accounts will all carry something called an expense ratio.  This is the amount of money that the fund manager keeps for maintaining the fund.  Be mindful of the expense ratios even more than the published performance of the fund.  A low fee fund will typically have an expense ratio around 0.10%, or $1 per $1,000 per year in expense.  There will be more exotic funds targeting this or that segment, they can carry expense ratios nearing 1% and some even higher. It's smart to take advantage of your employer's match.  Personally, at age 24, at a minimum I would contribute the match to a low-fee S&P index fund.\""}
{"_id": "327941", "title": "", "text": "You or the broker place an order to buy the share with the stock exchange. There has to be a matching sell order by someone.  Once a match is made, you pay the money and get the share."}
{"_id": "327952", "title": "", "text": "The offering price is the price at which that IPO is, well, offered. Think of it as a suggested retail price. The opening price is the actual price at which trading begins, on a particular day, for a stock. That price depends on demand/overnight-orders/what-have-you. Think of this as the actual price in the store."}
{"_id": "327962", "title": "", "text": "That's just factually incorrect.   Outright lying aside, the previously mentioned contraction is after after a 2.1% Q4 and clocked in just .2% below last year's national average (a five year low). Regardless of that tiny bit of logic, the Fed has forecast a 2.9% Q2.  Full employment and highest consumer confidence in years are driving it.   Even worse case in that article, the forecasts are above 2.5% for the next quarter."}
{"_id": "327974", "title": "", "text": "It does sometimes open one day the same as it closed the previous day.  Take a look at ESCA, it closed October 29th at 4.50, at opened November 1st at 4.50.  It's more likely to change prices overnight than it is between two successive ticks during the day, because a lot more time passes, in which news can come out, and in which people can reevaluate the stock."}
{"_id": "327978", "title": "", "text": "\"From Investopedia:  \"\"Beating the market\"\" is a difficult phrase to analyze. It can be used   to refer to two different situations: 1) An investor, portfolio manager, fund or other investment specialist   produces a better return than the market average. The market average   can be calculated in many ways, but usually a benchmark - such as the   S&P 500 or the Dow Jones Industrial Average index - is a good   representation of the market average. If your returns exceed the   percentage return of the chosen benchmark, you have beaten the market   - congrats! (To learn more, read Benchmark Your Returns With Indexes.) 2) A company's earnings, sales or some other valuation metric is   superior to that of other companies in its industry. Matching the market, I would presume will be generating returns equivalent to the index you are comparing your portfolio with. If for a sector/industry then it would be the returns generated by the sector/industry. As an index is more or less a juxtaposition of the market as a whole, people tend to use an index.\""}
{"_id": "327984", "title": "", "text": "So their programmers don't have to deal with floating point arithmetic. This is why they're so far ahead in technology!"}
{"_id": "327997", "title": "", "text": "\"The recommendation is not to make the investment. In general, a company does not have to sell their shares to you or allow you to become an investor, because, as you have stated, it is a private company not quoted on the stock market.   If everyone were trustworthy, you could buy the tools for $11000 -- so that you own the tools -- and sign a lease of the tools to the company whereby they pay you $X/month.  The lease should be reviewed by a lawyer before it is signed, and perhaps give the buyer the right to demand back the tools at any time.  However, even this arrangement is very risky, because the \"\"company\"\" could simply steal or damage the tools and disappear.   It is not an investment that I would make, because it sounds too good to be true.  $2800/mo steady cash flow for $11,000 invested.  No, I don't think so.   The following information may also be useful, either to you, or future readers: If you still want to make this investment, then you should know that: The offering for sale of shares by companies located in the USA is subject to a wild array of complex laws.  This is true in many other countries as well.  These laws,  called securities laws or regulations,  can require certain disclosures, require that investors have a high net worth so that they can afford to lose the money or conduct their own investigations and legal actions, or require that the investors know the company founders personally, and can prohibit or limit resale by the buyer/investor.  Promoters who say you can still invest and are ignoring or disobeying the securities laws are being at least negligent, but more likely are dishonest and probably criminal.  Even if you trust in the investment, can you trust negligent managers to do a good job executing that investment? What about dishonest managers?  What about criminals and thieves?\""}
{"_id": "328001", "title": "", "text": "\"Embrace the role and learn how to tell your story. Find an interesting way to tie your past experience, education, and goals directly to the role you want.   If you can show that you are glowing interest with the background and skills you have then you will have no problem finding a quant-type role. You need to make it sound like everything you have done up to this point was to prepare you for this type of role (e.g. \"\"I accepted a SE role so that I could take steps toward learning how to implement the types of Actuarial models I learned at my previous gig on a larger scale, how to integrate those models with others, etc..\"\").  Source: Was in similar position and achieved similar goal.\""}
{"_id": "328015", "title": "", "text": "Well, we found one way to get his fat ass to sign a budget. Catch him sunning himself on a closed beach and suddenly he finds his pen. He's such a douchebag. I'm happy he took down Little Marco but I'm extremely happy he didn't get any position of power out of it."}
{"_id": "328017", "title": "", "text": "Few companies are on such small margins that a tiny flip would cause profitable to unprofitable. But say overhead mandatory costs like insurances and other liabilities already eat up 60% of your gross profits then you're faced with another 5-15% increase in these costs.  Would you continue working for only 25% of your gross profits? If you're already rich, why not retire? That's exactly what this guy is talking about.   The guy obviously worked hard and sacraficed to get where he is, but at a certain point you receive less and less benefit from your efforts."}
{"_id": "328026", "title": "", "text": "I don't know that any other company will ever have as much free cash as Google or Apple, so it's kind of hard to say it's easily repeatable. Without so much cash, would another firm be able to do as much? That's what I'd like to know."}
{"_id": "328036", "title": "", "text": "&gt;[**\u041a\u0438\u043d\u0433\u0441\u043c\u0435\u043d. \u041f\u0440\u043e\u0444\u0438\u0442 15% \u0437\u0430 \u0441\u0443\u0442\u043a\u0438! \u0425\u043e\u0447\u0435\u0448\u044c \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c, \u0437\u0430\u0445\u043e\u0434\u0438 \u0441\u0435\u0439\u0447\u0430\u0441!!! \u041a\u0430\u043a \u0431\u044b\u0441\u0442\u0440\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435 [4:48]**](http://youtu.be/acmak48WgjQ)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0441\u0435\u0433\u043e\u0434\u043d\u044f \u043d\u0430 \u043e\u0431\u0437\u043e\u0440\u0435, \u043d\u043e\u0432\u044b\u0439 \u043f\u0440\u043e\u0435\u043a\u0442 \u043a\u0438\u043d\u0433\u0441\u043c\u044d\u043d  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^2 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "328050", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://nymag.com/daily/intelligencer/2017/06/as-voodoo-economics-fails-in-kansas-trump-takes-it-national.html) reduced by 90%. (I'm a bot) ***** &gt; &amp;quot;Kansas is the model.&amp;quot; Kansas was the state where Sam Brownback, the former congressman who mentored a young staffer named Paul Ryan, implemented supply-side tax cuts that, Brownback promised, would usher in prosperity and fiscal stability.  &gt; Insist the tax cuts only failed because weak-minded legislators did not do their part to cut spending as required.  &gt; Weren&amp;#039;t the tax cuts supposed to prevent &amp;quot;Unchecked spending&amp;quot;? Wasn&amp;#039;t this the very reason their supporters gave to discount the predictions that the tax cuts would create deficits?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ggg4p/as_alecs_voodoo_economics_collapses_in_kansas/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~141077 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **cut**^#2 **Kansas**^#3 **effects**^#4 **spending**^#5\""}
{"_id": "328055", "title": "", "text": "How exactly does some sort of cash advance get the job done? Utilizing virtually any on-line lending institution, whatever you have to perform is actually complete a short application which includes of the private particulars. If you post your details, you may be informed instantly in whether you already been prosperous while using software."}
{"_id": "328060", "title": "", "text": "For people who are good with money (presumably), Kiva.org gives your money to such people who apply for loans through social service organizations in various countries (I believe this is how it's done). The people state what they will use the money for. It can be as simple as 'buying provisions for food truck business' or 'replacing wheels on tractor.' Then they pay the money back and you (who donated x number of dollars) use that repaid money to make another loan."}
{"_id": "328063", "title": "", "text": "One more very impressive feature of claypave or clay pavers is that they are much more durable than their counterparts and experts say that till now, no other material or its durability has managed to match the strength or durability of these materials ."}
{"_id": "328066", "title": "", "text": "Scalability is the key determinate - if it doesn't scale easily then chances are the big bucks will elude you. To the extent that unless your entrepreneurial idea doesn't have scalability built into the business model, you should probably think again.  Straight contracting/manpower sub is always limited and problematic - whereas encapsulating the IP and developing the *system* of applying that IS scalable."}
{"_id": "328072", "title": "", "text": "Made it up. But the term dumb pipe is a term isp use when discussing  utilities. Dumb pipe is something they want to avoid. Which is why they add value like data caps. But utilities do exactly what consumers need the to do without getting in the way of how a consumer uses it and at an extremely low cost."}
{"_id": "328073", "title": "", "text": "You don't have to wait.  If you sell your shares now, your gain can be considered a capital gain for income tax purposes. Unlike in the United States, Canada does not distinguish between short-term vs. long-term gains where you'd pay different rates on each type of gain.  Whether you buy and sell a stock within minutes or buy and sell over years, any gain you make on a stock can generally be considered a capital gain. I said generally because there is an exception:  If you are deemed by CRA to be trading professionally -- that is, if you make a living buying and selling stocks frequently -- then you could be considered doing day trading as a business and have your gains instead taxed as regular income (but you'd also be able to claim additional deductions.)  Anyway, as long as your primary source of income isn't from trading, this isn't likely to be a problem. Here are some good articles on these subjects:"}
{"_id": "328076", "title": "", "text": "The 10K in savings and money market is equal to about 1.5 months of income for emergency funds. You should add additional funds to this account over the next few years to let that increase to 3 to 6 months of monthly expenses. This money should be kept secure so that it will be there when you need it. Growth is not the primary function for this account. Investment at this stage should be for retirement. This means take advantage of 401K matching if it is available. You will have to determine if Roth or regular makes the  most sense for you. In general the lower your current tax bracket the more sense Roth makes for you. If you want an IRA again decide which type. Also remember that you have until the tax deadline to make a contribution so you can decide to use a refund to fund the IRA. IRAs and 401Ks are just account types with some rules attached. They can be invested in everything from CD's to individual stocks depending on how aggressive you want to be."}
{"_id": "328081", "title": "", "text": "Is there a way to get into VC without going the IB route? Seems like its pretty much the only way that I've heard. I supposed one could be the head of a startup and then after a successful ride with VC could become employed by a VC firm. What other ways?"}
{"_id": "328082", "title": "", "text": "Which I just think is a que for Google and Microsoft to start integrating your friends opinions on their status updates into your search experiences. If So and So didn't like this restaurant and left a bad note on Yelp! or another restaurant aggregator, well damnit you are not going to see that in your results. Your friends have spoken.  The next best thing (Social) is going to be a bust for the average internet user."}
{"_id": "328086", "title": "", "text": "There's a few different types of investments you could do. As poolie mentioned, you could split your money between the Vanguard All World ex-US and Vanguard Total Stock Market index. A similar approach would be to invest in the Vanguard Total World Stock ETF. You wouldn't have to track separate fund performances, at the downside of not being able to allocate differential amounts to the US and non-US markets (Vanguard will allocate them by market cap). You could consider investing in country-specific broad market indices like the S&P 500 and FTSE 100. While not as diversified as the world indices, they are more correlated with the country's economic outlook. Other common investing paradigms are investing in companies which have historically paid out high dividends and companies that are under-valued by the market but have good prospects for future growth. This gets in the domain of value investing, which an entire field by itself. Like Andrew mentioned, investing in a mutual fund is hassle-free. However, mutual fees/commissions and taxes can be higher (somewhere in the range 1%-5%) than index funds/ETF expense ratios (typically <0.50%), so they would have to outperform the market by a bit to break-even. There are quite a few good books out there to read up about investing. I'd recommend The Intelligent Investor and Millionaire Teacher to understand the basics of long-term investing, but of course, there are many other equally good books too."}
{"_id": "328096", "title": "", "text": "As a boston resident, these stores will be jam packed this weekend. The store i go to has 20 lanes 5-6 customers deep from opening on friday to close, and it looks like that almost every weekend day. The customers are of every socio economic and racial background. Market basket  has whole foods quality food at 35-40% of the cost. They lost a ton of money but will be fine."}
{"_id": "328101", "title": "", "text": "\"my taxable income was roughly $230,000 in 2012. Indeed it is relevant. The highest AGI limit for deductible IRA contributions is 112K. So no, IRA contribution will not help you reducing your tax bill this year. The deduction phases out starting from AGI limits of $10K in certain cases (for married filing separately), and phases out entirely for anyone at AGI of 112K (for 2012). The table linked describes the various deduction phase-out parameters depending on your filing status, and will probably be updated yearly by the IRS. However this is only relevant if your company provides a retirement plan, as Joe mentioned. If your company doesn't provide a retirement plan but your spouse's does - then the AGI phase-out limit is $178K. If neither you nor your spouse (if you have one) is covered - then there's no AGI limit, and you can indeed make an IRA contribution before April 15th that would be attributed to the previous year and reduce your tax bill. Note that \"\"provides\"\" means the plan is available, even if you don't participate in it, any time during the year.\""}
{"_id": "328127", "title": "", "text": "I just scanned in a single sheet summary of my last two years tax returns. It is something our CPA does for us. How would I post it? Don't worry, I marked out all the personal information.    What is says is I paid over $50K in taxes in 2015. Last year we had one of our biggest contracts put on hold, so I only paid $20K.   I won't have this years figures, because we don't submit them to our CPA until the end of the year. However, this year, we just bought out two other owners at $1.2M, which makes me a 33% owner. The contract is getting restarted (knock on wood), which all together means my personal tax liability is going to be well over $100K.   My company is a commercial company, but we work with the government, and matter of fact some of the stuff we produce was designed and developed by the government (as is many of today's modern inventions - I think you would be surprised).   So lets tackle it one at a time. Pick one of those things that commercial does better than government.   P.s. Higher taxes doesn't mean higher for you, a lot of times it means higher for guys like me or way better than me (which I am perfectly fine with, and matter of fact would support). People who use infastructure more - like large corporations - should pay more for it..."}
{"_id": "328134", "title": "", "text": "You are an internship. I worked at Citibank in highschool as a junior financial advisor and I sat for 8 hours on Saturday cold-calling clients with +$150,000 sitting in the bank.   I did this for 5 months until I got fed up with it, but the point is your an intern, don't expect the stars."}
{"_id": "328145", "title": "", "text": "First of all, thank you for directing me to some supporting material. I read the abstract and I'll dig in to the detail later. The 2012 Colliard &amp; Foucault paper makes a good argument too. Papers like these *are* the kind of thing that convinces me and are very helpful.  Second, I agree that humility is needed but I think I was *very* clear in stating that I don't have an authoritative view on the subject. I don't think there's anything wrong with questioning posts from experts if for no other reason than to get more information on the subject, which you've generously provided here and in your other post. Maybe you disagree."}
{"_id": "328149", "title": "", "text": "First of all, the company will pay the money for the insurance, do not be afraid. They have to pay IF 1) the insurance premium was paid every month and 2) there was not a false declaration of health when the contract was signed 5 or 10 years ago. It normally takes between 1 month and 4 months to settle an insurance contract. Your case might take a little longer. Second, the insurance company admit that you are the beneficiary, so the money will eventually come to you. What they say is that you need someone in charge, a trustee or a curatorship to handle the money in your name. Why? Because you have a mental health team in charge of you. Be patient, and... Third, start by talking to someone in charge in your mental health team or the people you see. What you need is someone acting as a trustee for you. You need to go and seek free legal aid. Depending on your country or state of residence.  I cannot help you more than that. You will have the money, eventually in a few months, but you need to find a trustee, a guardian as soon as possible. Someone in your family could easily do it for you ?"}
{"_id": "328157", "title": "", "text": "Assume you will need to retire with a few million in the bank to maintain an average lifestyle.  I had an analysis done for me (at 33) that shows my family, to keep it up lifestyle will need to have 3.4MM in the bank so in retirement I can draw down enough cash. This number reflects inflation. Now that you are 18, if you make consistent but small savings you will achieve that financial stability.  Try to make it automatic so you aren't tempted to spend. There is more you can do but since you have such an early start, you can do less than most people and still have plenty. Even thought it is great you are thinking about it, don't forget to be young, move around lots and have fun.  Just pay yourself first and have fun second. Also, thank whoever guided you to this point.  If you did it all on your own, be proud."}
{"_id": "328171", "title": "", "text": "Hi, finance degree holder here.  Graduated in 2012, been working in retail ever since. Almost went homeless twice. Unless you know for sure 100% that you want to go to grad school and/or get a few (expensive) certifications, the only shot at gainful employment you have is in insurance sales. Or at major firms if you're close to a big city.  Ymmv, and a lot depends on the area, but I didn't exactly have a good time."}
{"_id": "328182", "title": "", "text": "\"I have 3 favorite sites that I use. http://www.nasdaq.com/symbol/mcd/dividend-history - lists the entire history of dividends and what dates they were paid so you can predict when future dividends will be paid. http://www.dividend.com/dividend-stocks/services/restaurants/mcd-mcdonalds/ - this site lists key stats like dividend yield, and number of years dividend has increased.  If the next dividend is announced, it shows the number of days until the ex-dividend date, the next ex-div and payment date and amount. If you just want to research good dividend stocks to get into, I would highly recommend the site seekingalpha.com.  Spend some time reading the articles on that site under the dividends section.  Make sure you read the comments on each article to make sure the author is not way off base. Finally, my favorite tool for researching good dividend stocks is the CCC Lists produced by Seeking Alpha's David Fish.  It is a giant spreadsheet of stocks that have been increasing dividends every year for 5+, 10+, or 25+ years.  The link to that spreadsheet is here: http://dripinvesting.org/tools/tools.asp under \"\"U.S. Dividend Champions\"\".\""}
{"_id": "328215", "title": "", "text": "\"Read \"\"How to win friends and influence people\"\" by Dale Carnegie. Don't be fooled by the overly self-helpie title. It's a great book.   Then consider reading \"\"The speed of trust\"\" by Steven M R Covey.   I'm sure you'll settle in just fine. Good luck!\""}
{"_id": "328227", "title": "", "text": "Sears had some pretty cool stuff back in the 1970s.  I always looked forward to trips there.  Radio Shack was awesome, too.  Kinda sad that there are almost no physical stores I look forward to visiting these days.  My favorite places are thrift stores, junkyards and the scrap metal yards.  That's the only time I get excited seeing stuff.  Well, that and Petsmart.  I like seeing the cats, dogs and birds."}
{"_id": "328231", "title": "", "text": "When you decided to invest to China. The big problem is corruption. You have to pay so much for the government before opening your company such as: documents for opening, certificate for your standard products, etc., and a lots of undertable expense that you can not add them into your income statement. China has only the advantage of population. Products manufactured from China are not seemed high-quality. I'm glad that U.S companies return their countries. It's a good decision."}
{"_id": "328237", "title": "", "text": "Of course, but the idea that you can simply use a supercharger and always get the battery back to X% in 30 minutes isn't accurate due to those limitations right now. It doesn't take that long before that 30 minutes becomes 35, then 40 and so on to prevent the battery from wearing out prematurely. BMW and Toyota have been working together on solid state batteries and (toyota) expect to have a production battery out in ~5 years. So the change is coming, but they still need solve the engineering problems that come with mass production and reducing costs of solid state batteries."}
{"_id": "328243", "title": "", "text": "Some people simply do not care who is president, if they think / invest longterm.   For example the value of a company = Sum of all discounted cash flows from now until eternity. 4 years are not that long compared to eternity."}
{"_id": "328248", "title": "", "text": "\"Well, though he is doing it for childish reasons, I guess he is bumbling towards doing the right thing.  I for one would feel better not have Goldman Sachs Penis in the President and the Fed.  We might get a \"\"two fer\"\" a clean Fed and a castrated Goldman  Hell I might even start to like Trump, he is so dumb the right thing is happening by default\""}
{"_id": "328251", "title": "", "text": "It depends on the people.  I once worked in corporate finance in a fairly large (now very large) oil company.  In our unit we were entirely motivated by career, money, bonuses, etc.  I had a staff of middle-aged females working for me and at first I couldn't figure out how to motivate them.  I realized after a few months that they just wanted things like a pizza party once a month and the little crap like that."}
{"_id": "328253", "title": "", "text": "I think part of the reason people overdraft is because the online banking app/website doesn't show a true indication of your account balance. I've had mine (at Bank of America) adjust to $30 less than it told me I had when I checked due to processing payments being altered."}
{"_id": "328258", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/10/20/The-Macroeconomic-and-Distributional-Effects-of-Public-Investment-in-Developing-Economies-45222) reduced by 48%. (I'm a bot) ***** &gt; This paper provides new empirical evidence of the macroeconomic effects of public investment in developing economies.  &gt; Using public investment forecast errors to identify unanticipated changes in public investment, the paper finds that increased public investment raises output in the short and medium term, with an average short-term fiscal multiplier of about 0.2.  &gt; We find some evidence that the effects are larger: during periods of slack; in economies operating with fixed exchange rate regimes; in more closed economies; in countries with lower public debt; and in countries with higher investment efficiency.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77ql6o/imfthe_macroeconomic_and_distributional_effects/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232230 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **public**^#1 **investment**^#2 **IMF**^#3 **paper**^#4 **view**^#5\""}
{"_id": "328293", "title": "", "text": "You may find it difficult to remove the PMI under any circumstances, banks will give you the run-around for quite a while hoping you get bored and continue to pay it. We got rid of ours by refinancing with a different bank, but at the time it was possible to get the new bank to pay all the fees if you worked through the right people, now it may be worth it to just keep fencing with the bank in the hopes that you run into someone with a little decency."}
{"_id": "328295", "title": "", "text": "\"I'm going to subtly and cheekily change the obvious advice. There are three ways to deal with negative cashflow, not two: You're currently studying for a degree. You don't say what country you're in or how your studies are funded, but most people in the US, UK, and a fair number of other countries, run up debts while studying for a degree. They do this because a degree is valuable to them. They can't avoid it because the tuition alone costs more than most students can generate in income, never mind their living expenses. So by all means look for savings, (1). Clearly strangers on the internet can't just think up ways for you to spend less money without knowing anything about what you do spend money on. But you can at least list your expenditures for yourself, and see what's necessary. Consider also how much fun you want your studies to be: 4 years in a cold house to avoid paying for heating, and never going out with friends to avoid spending on unnecessary stuff is all very well. But with hindsight you'll regret torturing yourself if you're ever well-off enough to pay back whatever you would have borrowed to use for heating and fun. Only do (2) if it doesn't affect your studies or if the money you're paid justifies delaying the valuable asset you seek to acquire (a degree, leading perhaps to a better job but at least to the capacity to do a full-time job rather than fitting work around your studies). There are some jobs that are really good fits for students (reasonably low hours that don't clash with classes) and some jobs that are terrible. If these fail, resort to (3). I don't mean dishonest book-keeping, I mean accept that you are going to borrow money in order to pay for something of value that you can account as an asset. Work out now what you'll need to borrow and how you think you can pay it back, make sure the sum is worth it, budget for that, stick to your budget. You'll still have negative cashflow, nothing changes there, but your capital account looks fine. Personally I wouldn't actually put a monetary value on the degree, I'm not that bothered about the accounts and it's really difficult to be accurate about it. You can just consider it, \"\"more than I expect to borrow\"\" and be done with it. Studying costs money. Once you've graduated, you probably aren't going to be back here saying, \"\"I want to buy a house but I have no capital and I don't want to go into debt\"\". Are you? ;-) Although if you are, the answer happens to be \"\"Islamic mortgage\"\"! I don't know whether Islamic banks have an equivalent answer for student debt, since they can't own a share of your degree like they can a share of your home. Unless you're a Muslim, presumably the ways that Islamic finance avoids interest payments would not in any case satisfy your desire to be \"\"not in debt\"\".\""}
{"_id": "328297", "title": "", "text": "Well, I personally don't get my news from Facebook, so I wouldn't say that I trust them.  But I also don't think they have a reason to go out of their way to censor conservative news stories.  Every time I've seen conservatives complain about this sort of thing, it centers around stories with may be rooted in truth, but have been perverted/spun into things that aren't true at all."}
{"_id": "328300", "title": "", "text": "I know this is a little off the wall but I bought a rental property for my son's tuition. The tenants pay down the mortgage for the next 12 years and it (hopefully) also appreciates in value. Worst case scenario is I come out with a rental and a kid with no education.  He doesn't go then there's no skin off my back."}
{"_id": "328308", "title": "", "text": "In my opinion, the ability to set a sell or buy price is the least of my concerns.  Your question of whether to choose individual stocks vs funds prompts a different issue for me to bring to light. Choosing stocks that beat the market is not simple. In fact, a case can be made for the fact that the average fund lags the market by more and more over time. In the end, conceding that fact and going with the lowest cost funds or ETFs will beat 90% of investors over time."}
{"_id": "328336", "title": "", "text": "Sector-2, Noida is a well developed sector with proximity to sector-15 &amp; 16 metro stations, excellent road connectivity with all parts of Noida and other cities. We offer fully furnished Office Space for Rent in Sector-2, Noida at very economical rentals."}
{"_id": "328341", "title": "", "text": "An LLC does not pay taxes on profits. As regards tax a LLC is treated as a Partnership, but instead of partners they are called members. The LLC is a passthrough entity. As in Partnerships members can have a different percentage ownership to the share of profits. The LLC reports the share of the profits of the members. Then the members pay the tax as an individual. The profit of the LLC is deemed to have been transferred to the members regardless of any funds transferred. This is often the case as the LLC may need to retain the profits for use in the business. Late paying customers may mean there is less cash in the LLC than is available to distribute.  The first answer is wrong, only a C corporation files a tax return. All other corporate structures are passthrough entities. The C corporation pays corporation tax and is not required to pass any funds to the shareholders. If the C corporation passes funds to the shareholders this is a dividend, and taxable to the shareholder, hence double taxation."}
{"_id": "328348", "title": "", "text": "is this supremely tongue in cheek or is this candid i honestly can't tell. I've never known david brooks to be funny so I think he's being candid but that doesn't seem possible. He 'took' a hypothetical high school graduate to lunch and she started quaking at the thought of 'exotic' meats and spreads? He suggests a factor that segregate the upper and upper-middle class from the rest of society includes coded language about david foster wallace? That the surging costs of food (he specifically mentions whole foods), housing, healthcare, childcare, and education aren't what are sapping the purchasing power of a stagnant median income when factoring inflation, but it's the 'cultural codes'?   Is this guy sitting in a fucking high speed centrifuge carnival ride waiting for the blood to leave his head so he can type out a troll op-ed in the NYT? I can't imagine any other scenario where someone could dream up this nonsense lol."}
{"_id": "328361", "title": "", "text": "&gt;Meanwhile, rivals have fared better. On Aug. 1, Burger King Worldwide Inc. posted its third consecutive quarter of same-store sales growth in the United States and Canada. And on Aug. 7, Wendy\u2019s said its quarterly same-store sales rose more than 3 percent.   sounds more like a loss to the competition."}
{"_id": "328362", "title": "", "text": "While I don't hate Walmart and I do believe in the labor market, it's important to note that Walmart's taxes aren't earmarked specifically for the welfare benefits of its employees; they support _every_ part of the huge, US government spending machine.  It is fair to say, though, that if Walmart didn't pay their employees, then those employees would be sucking up even _more_ tax money in the form of welfare, costs of incarceration, and so on."}
{"_id": "328375", "title": "", "text": "US Alarm Companies helps consumers compare services and features from the best home security companies in the industry. This allows you to customize your home alarm system while saving time and money.  An alarm system will secure your home, reduce the risk of a break in, and protect your family and property. Listed below are a few good tips that will help you pick the best security system for your home.  Consider your home security needs when it comes to purchasing a new security system for your home.  If you take a look around your home, you will see that you have many things of value. Computers, TV's, gaming systems, DVD's, jewelry, and priceless personal possessions are all something of value. And while we may not all have expensive family heirlooms to protect, we all have something valuable we would miss if a burglar should make off with it. Imagine your home being burglarized and all of these things were stolen. It would probably be very expensive to replace all the things that were taken, if the items are even replaceable at all.  Determine your budget for a new home security system. A good home security system will cost money. You do not need to spend a small fortune to get one, but you will need to spend a little bit of money. By doing your research and comparing home security companies, you can get a rough idea about how much a home security system for your home will run. By knowing this, you will feel secure speaking to any alarm company representative when going over your security system options. Many reputable home security companies will offer to come out to your home and give you a free estimate for a new security system for your home, so its a good idea to get quotes from several companies.  Go over all your options with your home security sales representative. Do you want a hardwired or wireless home security system? Do you have an active phone line or will you be using cellular communication as a way for your security system to be monitored? How long is the contract? What happens if you move? These are all questions to ask upfront and based on the answers you receive, should be enough to help you make your choice for a new home security company.  Make your final decision. Now that you have narrowed down your choices, it is time to make your final decision on which company and security system you will go with. Always remember that cheaper is not always better. It is always a good idea to use a company you feel the most secure with and who you feel can provide the best security for your home. Sometimes that means paying a little more money for the peace of mind. However, this is the security of your family you are dealing with, you can't really put a price on that."}
{"_id": "328378", "title": "", "text": "In [We Are Market Basket](https://www.amazon.com/dp/B00TRF2LLK/ref=dp-kindle-redirect?_encoding=UTF8&amp;btkr=1), a corn supplier says they had to sell their product to Whole Foods that summer.  Whole Foods paid them less for their product than a discount grocery store.  The other side of that is that the corn Whole Foods was selling was the same corn carried at a discount grocery store.  Whole Food produce might be better than some other stores, but it isn't necessarily better (or even different) from what is carried at other stores."}
{"_id": "328386", "title": "", "text": "According to the study attempted, we gloat of an abnormal state of customer satisfaction regarding quality, cost-viability, time-bound conveyance and the papers essayed are unique, one of a kind and thoroughly researched with proper references. We offer essay composing services, dissertation writing services according to the customer particulars at moderate costs. Profoundly qualified essay writers with post-graduate and doctoral degrees form essays on different fields, subjects and themes."}
{"_id": "328403", "title": "", "text": "It is correct, in general. Gift tax is indeed at 35%, but you have the first 14K of your gift exempt from it for each person you give to, yearly (verify the number, it changes every year). You can also use your lifetime exemption ($5.45M in 2016, subject to change each year), but at the amounts you're talking about it still will not be enough. Charitable (501(c)) organizations, paying for someone's tuition or medical expenses (directly to the providers), political donations, transfer between you and your spouse - these are all exempt from gift tax. If you have 10 millions to give, I'm sure you can afford a $200 consultation with a EA/CPA licensed in your state."}
{"_id": "328405", "title": "", "text": "Amazon hasn't done anything that hasn't been done in the entire retail industry for like a century. You can think Jeff Sessions is a piece of shit and still think that he shouldn't be fired.  Nuanced opinions are possible. Not everything is black and white."}
{"_id": "328409", "title": "", "text": "This was a big reason for the [monopoly suit](https://en.wikipedia.org/wiki/United_States_v._Microsoft_Corp.). Did they (MS) come out ahead? I don't know, but I felt that OS/2 was dying anyway (IBM ... let's just say they didn't have a clue. MS knew they needed to coddle developers. IBM, well I asked about buying some developer documentation, after trying for weeks finally got a person who knew how to get some and was told that it would cost thousands of dollars. Suffice to say, didn't get far )."}
{"_id": "328436", "title": "", "text": "&gt;Sounds like something that should be free to me. Carry on.  Google's vested interest in mapping isn't necessarily in selling the data, it's in controlling the market, building better data and correlating it with users to deliver better advertising results as well as better results for local businesses.   Asking Apple to pay is a big check, but losing how many tens of millions of mobile users is definitely a blow to Google's quest, which is likely why they'll release a maps application for iOS that is free. The usage data is more important to them than charging for access to the data (at least, for now)."}
{"_id": "328443", "title": "", "text": "\"Your mortgage terms are locked in; the servicer/new owner cannot  change the terms without your consent, but the servicer can be more aggressive in taking action  (as specified in your mortgage contract) against you. For example, if the mortgage agreement calls for penalties for missing a payment or making it late, your friendly neighborhood banker might waive the penalty if the payment is received a day late once (but perhaps not the second or the third time), but the servicer doesn't know you personally and does not care; you are hit with the penalty right  away. If the payment was received a day late because of delays in the post office, too bad. If you used a bank bill payment service that \"\"guarantees\"\" on-time arrival, talk to the bank. All  perfectly legal, and what you agreed to when you signed the contract. If you can set up electronic payments of your mortgage payments, you can avoid many of these hassles. If you are sending in more money than what is due each month, you should make sure that the extra money reduces the principal amount owed; easy enough if you are sending a physical check with a coupon that has an entry line for \"\"Extra payment applied to principal\"\" on it. But, the best mortgage contracts (from the bank's point of view) are those that say that extra money sent in applies to future monthly installments. That is, if you send in more than the monthly payment one month, you can send in a reduced payment next month; the bank will gladly hold the extra amount sent in this month and apply it towards next month's payment. So, read your mortgage document (I know, I know, the fine print is incomprehensible) to see how extra money is applied. Finally, re-financing your mortgage because you don't like the servicer is a losing proposition unless you can, somehow,  ensure that your new bank will not sell your new mortgage to the same servicer or someone even worse.\""}
{"_id": "328458", "title": "", "text": "Because that's assuming you only go to the theatres once a month, not potentially every day. Also, people are going to completely stop buying individual tickets because why would you pay $5-10 for one ticket when you could get 30+ for $10."}
{"_id": "328477", "title": "", "text": "\"Don't do it until you have educated yourself enough to know what you are doing. I hope you won't take this personally, but given that you are wandering around asking random strangers on the Internet how to \"\"get into investing,\"\" I feel safe in concluding that you are by no means a sophisticated enough investor to be choosing individual investments, nor should you be trusting financial advisors to choose investments for you. Believe me, they do not have your interests at heart. I usually advise people in your position to start by reading one book: A Random Walk Down Wall Street by Burton Malkiel. Once you've read the book by Malkiel you'll understand that the best strategy for all but the most sophisticated investors is to buy an index fund, which simply purchases a portfolio of ALL available stocks without trying to pick winners and losers. The best index funds are at Vanguard (there is also a Vanguard site for non-US residents). Vanguard is one of the very, very, very few honest players in the business. Unlike almost any other mutual fund, Vanguard is owned by its investors, so it has no profit motive. They never try to pick individual stocks, so they don't have to pay fancy high-priced analysts to pick stocks. If you find it impossible to open a Vanguard account from wherever you're living, find a local brokerage account that will allow you to invest in the US stock market. Many Vanguard mutual funds are available as ETFs which means that you buy and sell them just like any other stock on the US market, which should be easy to do from any reasonably civilized place.\""}
{"_id": "328479", "title": "", "text": "There's not usually a point to issuing new stock as a dividend, because if you issue new stock, it dilutes the existing shareholders by the exact same amount as the dividend: so now they have a few more shares, great, but they're worth the exact same amount. (This assumes that all stockholders are equal. If there are multiple share classes, or people whose rights to a stock are tied to the stock price in some manner - options, warrants, or something - then a properly structured stock dividend could serve to enrich one set of shareholders and other rights-holders at the expense of another. But this is usually illegal.) If this sort of dividends are popular in China, I suspect it is due to some freaky regulatory or tax-related circumstances which are not present in the United States markets. China is kind of notorious for having unusual capital controls, limitations on the exchange of currency, and markets which are not very transparent."}
{"_id": "328490", "title": "", "text": "Thanks for posting that. It'll make a good read.  I've said recently that any economic stimulus our government spends needs to be on things that will be around after at least 10 more years. Just passing out money doesn't do anything, but investment in infrastructure provides a benefit after the spending."}
{"_id": "328499", "title": "", "text": "There is some sense that negative interest rates make no sense, because then two things appear to happen Neither of these are true in reality. But then we are edging towards a deflationary time, during which the common understanding of money and what to do with money reverses. During deflation, spending is better (to an extent) because the buying power of money is less as time passes, so also saving is less worthwhile. But for the bond market (and your question), the reason why people are still investing in negative interest bonds, is that they are going to be looking to capital gain to make their money. Over time the bond price fluctuates and as the bond approaches maturity, the bond price equates to the face value minus whatever interest will be received, or in this plus whatever interest will need to be payed."}
{"_id": "328503", "title": "", "text": "Do you have any idea what you want to do?  Companies never want to hire someone who is looking to 'stay in an area'.  They want someone that knows what they want to do.    As soon as you head down the CFA route you will end up in more of an analyst positions.  These positions (as a fellow applicant as well but with experience) are hard to get because of the large amount of people applying.    Accounting firms ARE hiring if your into that sort of thing.  Otherwise, volunteer at some local events like financial counseling.  I've hard two advisers be approached by firms for CFO positions in the few years I've worked.  It sounds like your doing the right things...just keep at it...I've been looking since February..."}
{"_id": "328508", "title": "", "text": "Well, I think the possibility to start a new company for each movie is detrimental -- the mother company gets the rewards of the risk without actually taking on the risk, and that's Simply Wrong[tm].    But while the possibility persists, it will be used.."}
{"_id": "328517", "title": "", "text": "Doing business in united state is not so much easy many time business owner wants to do their business by choosing Delaware llc Online incorporation so that they can able to get many legel benefits and also  able to get the state predictable business friendly laws. As forming the Delaware llc is very much easy and it also requires minimal information for forming the llc in the Delaware."}
{"_id": "328521", "title": "", "text": "T\u00fcrk Tesisat sekt\u00f6r\u00fcn\u00fcn en \u00f6nemli firmalar\u0131nda tecr\u00fcbe kazanm\u0131\u015f m\u00fchendislerden olu\u015fan DURU Klima ; \u2022Hava Da\u011f\u0131t\u0131m Sistemleri, Is\u0131tma ve So\u011futma Sistemleri (So\u011fuk Tavan, So\u011fuk Kiri\u015f) ve Temiz Oda Bile\u015fenleri ve Sistemlerinde (Ameliyathane Laminar Ak\u0131\u015f \u00dcnitesi, Hepa Filtreli Tavan Dif\u00fcz\u00f6rleri) Alman KRANTZ, \u2022Havuz Nem Alma Santralleri ve Otomasyonu \u00dczerinde Klima Santrallerinde Danimarkal\u0131 DANTHERM, \u2022Fan-coil \u00dcniteleri, Is\u0131tma Apareyleri ve Radyant Panellerde \u0130talyan SABIANA \u2022Hava ve Su So\u011futmal\u0131 So\u011futma Gruplar\u0131nda \u0130talyan RC GROUP  firmalar\u0131n\u0131n T\u00fcrkiye temsilcisi olarak faaliyet g\u00f6stermektedir.  En b\u00fcy\u00fck sermayesi, ekibine ve i\u015fbirli\u011fi yapt\u0131\u011f\u0131 firmalara duydu\u011fu kar\u015f\u0131l\u0131kl\u0131 g\u00fcven olan DURU Klima\u2019n\u0131n misyonu huzurlu bir ortamda sa\u011flam ad\u0131mlarla, \u2018\u2019DURU\u2019\u2019 kalarak yoluna devam etmektir.  Sayg\u0131lar\u0131m\u0131zla,  DURU KL\u0130MA  http://www.duruklima.com"}
{"_id": "328525", "title": "", "text": "I kinda agree with you.  From forums, one can see numerous complaints that seem to stem from quality issues or systematic manufacturing errors.  Samsung Android phones were good, but SGS and SGSII was I guess the turning point for many."}
{"_id": "328556", "title": "", "text": "In the 2008 housing crash, cash was king.  Cash can make your mortgage payment, buy groceries, utilities, etc. Great deals on bank owned properties were available for those with cash.  Getting a mortgage in 2008-2011 was tough. If you are worried about stock market crashing, then diversification is key.  Don't have all your investments in one mutual fund or sector.   Gold and precious metals have a place in one's portfolio, say 5-10 percent as an insurance policy.  The days of using a Gold Double Eagle to pay the property taxes are largely gone, although Utah does allow it. The biggest lesson I took from the crash is you cant have too much cash saved.  Build up the rainy day fund."}
{"_id": "328658", "title": "", "text": "A slightly different spin is that rather than banks sitting on the money, it's a lack of demand for loans.  With so many household balance sheets under water, households aren't borrowing or spending... so firms aren't borrowing to invest... and banks are faced with weak demand for loans."}
{"_id": "328681", "title": "", "text": "Research the company that is all I can say this company has horrible reviews. They show on their Facebook page great reviews but if you really look through all reviews the high ratings are from past and current employees. All other reviews from actual home owners are bad. They make a lot of false promises and build very cheap homes that will not last without several costly problems within the near future. Most people that buy one of their houses sell it within a few years because they start having so many problems. They have outside vendors doing all the work and do not make these vendors very accountable. I know I was a manager with Rausch for several years. STAY AWAY!"}
{"_id": "328691", "title": "", "text": "It really is dependent upon your goals.  What are your short term needs?  Do you need a car/clothing/high cost apartment/equipment when you start your career?  For those kinds of things, a savings account might be best as you will need to have quick access to cash. Many have said that people need two careers, the one they work in and being an investor.  You can start on that second career now.  Open up some small accounts to get the feel for investing.  This can be index funds, or something more specialized.  I would put money earmarked for a home purchase in funds with a lower beta (fluctuation) and some in index funds.  You probably would want to get a feel for what and where you will actually be doing in your career prior to making a leap into a home purchase.  So figure you have about 5 years.  That gives you time to ride out the waves in the market. BTW, good job on your financial situation.  You are set up to succeed."}
{"_id": "328695", "title": "", "text": "\"&gt;It's dishonest to equate a purely digital media entity to a broadcaster.  Despite nothing dishonest about it.  You are doing nothing but splitting hairs here, why is beyond me.  &gt;The argument does not stand up to scrutiny  If that was the case you would been able to refute it, you yet to been able to do so.  All you have done is make claims of my logic being faulty, which you have totally and utterly failed to show.  &gt;I think this is the point that I refrain from rubbing your nose in not just your logical mistake  lol what mistake?  You act like you are this logical wiz, and yet I have successfully taking down your logic while you totally failed to destruct mine.  All you are doing now argument wise is \"\"but but but but but\"\".  You don't realize what Vice releases on their website is representative of all of their content.  Claiming they have good content when their content is on the level of Buzzfeed is outright laughable to say the least.  You claim your well verse in your media readings, but yet you continue to defend Vice as being quality content tooth and nail despite agreeing with me that the article was crap.  I highly doubt you can link me an article you think is high quality from Vice.\""}
{"_id": "328699", "title": "", "text": "\"The London Stock Exchange offers a wealth of exchange traded products whose variety matches those offered in the US.  Here is a link to a list of exchange traded products listed on the LSE.  The link will take you to the list of Vanguard offerings.  To view those offered by other managers, click on the letter choices at the top of the page.  For example, to view the  iShares offerings, click on \"\"I\"\". In the case of Vanguard, the LSE listed S&P500 ETF is traded under the code VUSA.  Similarly, the Vanguard All World ETF trades under the code VWRL.  You will need to be patient viewing iShares offerings since there are over ten pages of them, and their description is given by the abbreviation \"\"ISH name\"\". Almost all of these funds are traded in GBP. Some offer both currency hedged and currency unhedged versions.  Obviously, with the unhedged version you are taking on additional currency risk, so if you wish to avoid currency risk then choose a currency hedged version.  Vanguard does not appear to offer currency hedged products in London while iShares does.  Here is a list of iShares currency hedged products.  As you can see, the S&P500 currency hedged trades under the code IGUS while the unhedged version trades under the code IUSA. The effects of BREXIT on UK markets and currency are a matter of opinion and difficult to quantify currently.  The doom and gloom warnings of some do not appear to have materialised, however the potential for near-term volatility remains so longs as the exit agreement is not formalised.  In the long-term, I personally believe that BREXIT will, on balance, be a positive for the UK, but that is just my opinion.\""}
{"_id": "328703", "title": "", "text": "Yes, depending on what you're trying to achieve. If its just a symbolic gift - you can use a service like this. There are several companies providing this service, look them up, but the prices are fairly the same. You'll end up getting a real stock certificate, but it will cost a lot of overhead (around $40 to get the certificate, and then another $40 to deposit it into a brokerage account if you want to sell it on a stock exchange). So although the certificate is real and the person whose name on it is a full-blown shareholder, it doesn't actually have much value (unless you buy a Google or Apple stock, where the price is much much higher than the fees). Take into account that it takes around 2 months for the certificate to be issued and mailed to you, so time accordingly. Otherwise, you can open a custodial brokerage account, and use it to buy stocks for the minor. Both ways are secure and legal, each for its own purpose and with its own fees."}
{"_id": "328716", "title": "", "text": "Healthy Chef Creations Reviews Healthy Chef Creations is the nation\u2019s leading provider of top quality prepared meals for home delivery. Their menu includes over 1,000 recipes that change weekly to allow for a variety of quality meals. Visit their website to review their meal options and learn more:"}
{"_id": "328743", "title": "", "text": "I should add that it's a good defensive measure in case your information gets hacked, as mine likely has. You need to do it with all three agencies, and it costs five of ten dollars. Equifax has waived the Dee."}
{"_id": "328745", "title": "", "text": "It lowers the cost of capital.  Debt is generally a 'cheaper' form of financing, and in addition you have the benefit of interest being tax deductible.  Assume you have no capital to expand an existing business.  How do you fund it?  You could sell/issue some stock to outside investors for cash (or inject your personal cash into the business if you have it), or you can borrow the money.  General the borrowing is 'cheaper' as debt investors need a lower return than equity investors, because debt is less risky (has claims on the business assets before equity holders) than equity."}
{"_id": "328754", "title": "", "text": "\"Switching to only 401k or only SPY?  Both bad ideas.  Read on. You need multiple savings vehicles.  401k, Roth IRA, emergency fund.  You can/should add others for long term savings goals and wealth building.  Though you could combine the non-tax-advantaged accounts and keep track of your minimum (representing the emergency fund). SPY is ETF version of SPDR index mutual fund tracking the S&P 500 index.  Index funds buy weighted amounts of members of their index by an algorithm to ensure that the total holdings of the fund model the index that they track.  They use market capitalization and share prices and other factors to automatically rebalance.   Individual investors do not directly affect the composition or makeup of the S&P500, at least not visibly.  Technically, very large trades might have a visible effect on the index makeup, but I suspect the size of the trade would be in the billions.   An Electronically Traded Fund is sold by the share and represents one equal share of the underlying fund, as divided equally amongst all the shareholders.  You put dollars into a fund, you buy shares of an ETF. In the case of an index ETF, it allows you to \"\"buy\"\" a fractional share of the underlying index such as the S&P 500. For SPY, 10 SPY shares represent one S&P basket.  Targeted retirement plan funds combine asset allocation into one fund.  They are a one stop shop for a diversified allocation.  Beware the fees though.  Always beware the fees. Fidelity offers a huge assortment of plans.  You should look into what is available for you after you decide how you will proceed.  More later. SPY is a ETF, think of it as a share of stock.  You can go to a bank, broker, or what have you and set up an account and buy shares of it.  Then you have x shares of SPY which is the ETF version of SPDR which is an index mutual fund. If the company is matching the first 10% of your income on a 1:1 basis, that would be the best I've heard of in the past two decades, even with the 10 year vesting requirement.  If this is them matching 1 dollar in 10 that you contribute to 401k, it may be the worst I've ever heard of, especially with 10 year vesting.  Typical is 3-5% match, 3-5 year vesting. Bottom line, that match is free money.  And the tax advantage should not be ignored, even if there is no match. Research: I applaud your interest.  The investments you make now will have the greatest impact on your retirement.   Here's a scenario:  If you can figure out how to live on 50% of your take home pay (100k * 0.90 * 0.60 * 0.5 / 12) (salary with first 10% in 401k at roughly 60% after taxes, social security, medicare, etc. halved and divided by 12 for a monthly amount), you'll have 2250 a month to live on.  Since you're 28 and single, it's far easier for you to do than someone who is 50 and married with kids.  That leaves you with 2250 a month to max out 401k and Roth and invest the rest in wealth building.  After four or five years the amount your investments are earning will begin to be noticeable.  After ten years or so, they will eclipse your contributions.  At that point you could theoretically live of the income.  This works with any percentage rate, and the higher your savings rate is, the lower your cost of living amount is, and the faster you'll hit an investment income rate that matches your cost of living amount.  At least that's the early retirement concept.   The key, as far as I can tell, is living frugally, identifying and negating wasteful spending, and getting the savings rate high without forcing yourself into cheap behavior.  Reading financial independence blog posts tells me that once they learn to live frugally, they enjoy it.   It's a lot of work, and planning, but if you want to be financially independent, you are definitely in a good position to consider it. Other notes:\""}
{"_id": "328760", "title": "", "text": "Yes, they're referring to the credit card dispute (chargeback) process. In the case of dispute, credit card company will refund/freeze your charge so you don't have to pay until the dispute is resolved (or at all, if resolved in your favor). If the dispute is resolved in your favor, your credit card company will charge back the merchant's service provider which in turn will charge back (if it can) the merchant itself. So the one taking the most risk in this scenario is the merchant provider, this is why merchants that are high risk pay significantly higher fees or get dropped."}
{"_id": "328770", "title": "", "text": "\"This may be a great idea, or a very bad one, or it may simply not be applicable to you, depending on your personal circumstances and interests. The general idea is to avoid passive investments such as stocks and bonds, because they tend to grow by \"\"only\"\" a few percent per year. Instead, invest in things where you will be actively involved in some form. With those, much higher investment returns are common (but also the risk is higher, and you may be tied down and have to limit the traveling you want to do). So here are a few different ways to do that: Get a college degree, but only if you are interested in the field, and it ends up paying you well. If you aren't interested in the field, you won't land the $100k+ jobs later. And if you study early-childhood education, you may love the job, but it won't pay enough to make it a good investment. Of course, it also has to fit with your life plans, but that might be easier than it seems. You want to travel. Have you thought about anthropology, marine biology or archeology? Pick a reputable, hard-to-get-into, academic school rather than a vocation-oriented oe, and make sure that they have at least some research program. That's one way to distinguish between the for-profit schools (who tend to be very expensive and land you in low-paying jobs), and schools that actually lead to a well-paying future. Or if your interest runs more in a different direction: start a business. Your best bet might be to buy a franchise. Many of the fast-food chains, such as McDonalds, will let you buy as long as you have around $300k net worth. Most franchises also require that you are qualified. It may often make sense to buy not just one franchised store, but several in an area. You can increase your income (and your risk) by getting a loan - you can probably buy at least $5 million worth of franchises with your \"\"seed money\"\". BTW, I'm only using McDonalds as an example. Well-known fast food franchises used to be money-making machines, but their popularity may well have peaked. There are franchises in all kinds of industries, though. Some tend to be very short-term (there is a franchise based on selling customer's stuff on ebay), while others can be very long-lived (many real-estate brokerages are actually franchises). Do be careful which ones you buy. Some can be a \"\"license to print money\"\" while others may fail, and there are some fraudsters in the franchising market, out to separate you from your money. Advantage over investing in stocks and bonds: if you choose well, your return on investment can be much higher. That's generally true for any business that you get personally involved in. If you do well, you may well end up retiring a multimillionaire. Drawback: you will be exposed to considerable risk. The investment will be a major chunk of your net worth, and you may have to put all your eggs in none basket. If your business fails, you may lose everything. A third option (but only if you have a real interest in it!): get a commercial driver's license and buy an 18-wheeler truck. I hear that owner-operators can easily make well over $100k, and that's with having to pay off a bank loan. But if you don't love trucker culture, it is likely not worth doing. Overall, you probably get the idea: the principle is to use your funds as seed money to launch something profitable and secure, as well as enjoyable for you.\""}
{"_id": "328785", "title": "", "text": "&gt;Companies have been hiring younger workers because of purely cost-based considerations.  Nope all the economic evidence shows that young people without higher education pre-recession and pretty much all under 30s since the recession have been pushed out of the labour market in favour of older workers, already established workers taking pay cuts and part time work and in many lesser skilled areas immigrant labour.  &gt;The problem is that most of the children we've dealt with feel completely entitled to a baby boomer salary   The entitled/not prepared for work etc arguments that people have started to make is bullshit and a ridiculous piece of nonsense spouted by business groups when asked why arent you hiring more. It was the same 10,20,30 years ago and i bet if you look back at any major recession businesses will spout the same nonsense.   You also complain of them jumping ship, then provide a career ladder, training and a competitive salary. Businesses destroyed job security and career progression in so many areas to save money they never think it costs them money and productivity in the long term."}
{"_id": "328786", "title": "", "text": "\"**YOU** see nothing wrong with judging someone based on their support of a candidate who proudly advertises his chauvinism, lies about the most trivial things, uses bullying tactics to \"\"negotiate\"\", doesn't understand how to make a deal, has far more failed businesses than successful ones, has shown a disdain for actually learning anything about his job, is ignorant about basic facts about the job he's persuing, appoints a known agent of a foreign government to be his national security adviser, violates various laws without concern, gets most of his information from tv, and apparently is too lazy to actually do his job is a good candidate?\""}
{"_id": "328794", "title": "", "text": "\"There are two components of option valuation, the value that's \"\"in the money\"\" and the \"\"time value.\"\" In the case of the $395 put, that option was already in the money and it will move less than the stock price by a bit as there will still be some time value there. $22.52 is intrinsic value (the right word for 'in the money') and the rest is time. The $365 strike is still out of the money, but as jldugger implied, the chance of it going through that strike is better as it's $6.66 closer.  Looking at the options chain gives you a better perspective on this. If Apple went up $20 Monday, and down $20 Tuesday, these prices would be higher as implied volatility would also go higher.  Now, I'd hardly call a drop of under 2% \"\"tanking\"\" but on the otherhand, I'd not call the 25% jump in the option price skyrocketing. Options do this all the time. Curious what prompted the question, are you interested in trading options? This stock in particular?\""}
{"_id": "328821", "title": "", "text": "\"I wrote How Old is Your Credit Card? some time ago. The answer is yes, this helps the credit score, but this factor, age of accounts, is pretty minimal. Grabbing deals, as you did, I'm actually down to a \"\"C\"\" for this part of my score, but still maintain a 770 score.\""}
{"_id": "328827", "title": "", "text": "What if everyone in college studied for a physics degree. How worthwhile would they be then?  Sure, a single individual can benefit from getting a difficult or niche degree, but I'm not sure that the system as a whole could benefit."}
{"_id": "328835", "title": "", "text": "Payoneer and PayPal both allow you to connect your bank account to withdraw funds, that is likely your best option"}
{"_id": "328841", "title": "", "text": "You don't need to be religious to know that the West is morally bankrupt. Like Rome before the fall. Institutions crumbling, debt ridden, counterfit currency, barbarians flooding in, corruption and tyranny rampant.  Tolerance and Apathy are the last virtues of a dying society and we've got plenty of both."}
{"_id": "328853", "title": "", "text": "Its best you start this venture as a Business entity. Whatever the customer pays you is your income. Whatever you pay to the hotel will be your expenses. Apart from this there will be other expenses. So essentially difference between your income and expense will be the profit of the entity and tax will be on the profit. If you do not want to start an Business entity and pay as an individual then please add the country tag, depending on the country there may different ways to account for the funds."}
{"_id": "328863", "title": "", "text": "\"Assuming you file state tax returns, you shouldn't buy Basic. Ever. Your choice is probably between the \"\"Premier\"\" version and the \"\"Business and Home\"\" version. Price difference is insignificant (I have a comparison on my blog, including short descriptions as to who might find each version useful the most). The prices have gone down significantly, since when I wrote the article, its cheaper now.\""}
{"_id": "328869", "title": "", "text": "Spinal pain is common performance in basic and primary care. It begins from muscles, nerves, bones and joints etc. It is common with adults at point in their life.In Our healthline, we have 30 physios, yoga and professional trainers. They are giving best treatments to their patients. Our team is giving 100% result in spine treatment. https://www.slideshare.net/HealthlineUdaipur/spine-specialist-in-udaipur-76548011"}
{"_id": "328901", "title": "", "text": "Miro Zecevic Group offers novel arrangements and is focused on conveying the associated venture. This begins with a demonstrated, repeatable building and configuration handle, trailed by particular proposals and revealing concentrated on lessening costs, enhancing productivity or recognizing operational breakages before they happen. We hold fast to a repeatable, demonstrated process with take company public consultant potential huge advantages to our clients. We have associations with the world\u2019s biggest makers from computerization, power, controls, and web and security innovations prepared and experienced in working with these frameworks and organizations, and ready to convey to our clients neighborhood and worldwide prerequisites. Our group of experienced designing and business experts has demonstrated track records working for and with a portion of the world\u2019s biggest innovation organizations."}
{"_id": "328919", "title": "", "text": "This conversation is about energy futures, not generic securities. A moderately wealthy dilettante without a background in the subject is at an extreme disadvantage - since as a trader your edge is being able to identify market inefficiencies and profit from them, it's difficult to imagine being able to do this in a market you do not understand."}
{"_id": "328960", "title": "", "text": "Do volunteer organizations seek people with math skills? I've honestly never paid much attention to volunteer work beyond recycling programs, so I never thought much about the subject. It could be pretty cool if I can volunteer somewhere for that field, though."}
{"_id": "328976", "title": "", "text": "Thank you for being polite. To be fair, I suppose if you had a good career path and the industry nose-dived then you could end up working a low wage job even if you had some kills (that, for whatever reason, are no longer in demand)."}
{"_id": "328979", "title": "", "text": "\"He's misunderstanding Buffett's argument, which is that all forms of investment compete, and so when interest rates give you guaranteed low returns, it makes sense for stocks to give you average low returns.  That implies *high* prices for current stocks, because your return on equities is the price tomorrow over the price today.  Buffett would likely agree with him that this implies slow growth in the future, though he may not want to say so for competitive reasons.  Historical P/E norms are a more wrong metric, because they don't capture any fundamental change that might have happened in the economy.  What's likely going on is a surplus of capital: as business becomes more efficient (i.e. generates more revenue with fewer workers), that excess cash flow becomes investable capital, but as it becomes more efficient (i.e. less of that revenue filters down to workers in the form of wages that they can spend on consumer goods), the amount of productive uses where that capital can be effectively deployed in income-generating activities declines.  More capital + fewer investable opportunities = higher supply + lower demand = the price of securities for the few areas of the economy that *are* doing well increases.  This is why you see insane valuations for tech companies.  If we do get a major economic crash, it will likely come from a Carlota Perez-style financial crisis, where all the money gets concentrated within emerging new industries focused on new technology, who can't sell their products because nobody else has any money.  We're on the path to that already, but it will likely take a decade or two to play out; there's still a lot of money left in the \"\"old economy\"\" which can be extracted.  Also, these style of financial crises usually are accompanied by war and a breakdown of the established political order, and so all bets are off anyway.\""}
{"_id": "328995", "title": "", "text": "\"Average person's life I'm going to say there is no normal debt level. Here's the standard life pattern: So it really depends on your situation, it's way too spread out to quote a \"\"normal\"\" figure. Cost of debt vs Gain from assets and Risk of income You need to strike a sweet spot based on: Someone who is more educated in finance will probably be able to run a tighter and more aggressive financial strategy, whereas someone who is educated in, say, creative media may not be able to do as good of a job. Running your life as a business Someone here mentioned this, I think it's very true. Unless you intend on living day to day, with no financial strategies, much of our lives parallel businesses. Both need to pay tax, both look for low risk high growth strategies, and both will (hopefully) have a purpose that goes beyond bringing in $$$.\""}
{"_id": "328996", "title": "", "text": "December, 7, 2011 ( 01:50 pm) :-  Bullion are sparked at the late or and session of MCX &amp; Comex.  USA investors are not worried about the coming events because European leaders signals that IMF providing help for European countries who are facing financial crisis.  Crude oil momentum also range bound whole day, a rising tension on the Iran exports resistance will trigger oil prices will at new high.  Silver have strong resistance at $ 33.20 above this level it's trend bullish under this its trend totally down.  Gold have strong resistance at $ 1742 above this trend totally bullish side &amp; unless its in down trend."}
{"_id": "329000", "title": "", "text": "Are there examples?  Seems region and state located stores are very much thriving with no plan of a buyout. They've been around for 30+ years.  I hope that quote is wrong because food companies who respond to millions of people requesting higher profits each quarter isn't good for the customer."}
{"_id": "329004", "title": "", "text": "\"That's an apples to oranges comparison. If they need a drinkable source of calcium and protein that \"\"goes with breakfast\"\" or whatever there are dozens of nondairy options that aren't produced by evil corporations, destroying the environment, and are actually intended for human consumption.\""}
{"_id": "329005", "title": "", "text": "\"The golden rule is \"\"Pay yourself first.\"\" This means that you should have some form of savings plan set up, preferably a monthly automatic withdrawal that comes out the day after your pay is deposited. 10% is a reasonable number to start with. You are in a wonderful situation because you are thinking about this 10-15 years before most of us do.  Use this to your advantage. You are also in a good situation if you can defer the purchase of the house (assuming prices don't rise drastically in the next few years -- which they might.)  If your home situation is acceptable, then sit down with the parents and present a plan.  Something along the lines of:  I'd like to move out and start my   life.  However, it would be   advantageous to stay here for a few   years to build up a down payment and   reserve.  I'm happy to help out with   expenses, but do need a couple years   of rent-free support to get started. Then go into monk mode for one year.  It's doable, and you can save a lot of cash. Then you're on the road to freedom.\""}
{"_id": "329010", "title": "", "text": "The office hasn't been relevant for 40 years.  It's a nonsense king chimp position.  The entire mess of a government needs to be refactored to account for the fact that we can communicate instantly and don't ride around on horses anymore."}
{"_id": "329023", "title": "", "text": "\"Nothing necessarily has to \"\"benefit.\"\" Right now, what primarily drives demand for gold is its perceived use as a hedge against the inflation of fiat currency. I.e. when inflation strikes, the price of gold goes up rapidly. Thus, for a given currency, gold decreasing in price is almost always a signal that the currency is increasing in value. However, it may be that at some point in time people everywhere just decide that gold is no longer worth using as an inflation hedge, and thus the price collapses simply because demand collapsed. No corresponding \"\"benefit\"\".\""}
{"_id": "329028", "title": "", "text": "One bank is more willing to risk losses and customer hassle in exchange for lower processing costs than the other bank is. It's strictly a business decision. Regarding how they detect suspicious transactions: Patten detection based on your past usage history. I've gotten calls asking me to confirm that I just placed a large order with a company I'd never bought from before, or in a country that I haven't previously visited, or..."}
{"_id": "329047", "title": "", "text": "Talk to a good tax accountant in the UK who deals with this sort of thing, as it sounds like most of the issues concern local tax. You actually have at least four different ways to do this transaction: You definitely need good local tax and legal advice. No matter how you do it, if the borrower defaults, it will be socially ugly and will involve some kind of collection or legal action if you want your money back.  If it were me, I think I'd choose the lease with option to buy. At least that way you may be able to inspect the property from time to time, make sure it is kept up, and be able to get it back through eviction rather than foreclosure."}
{"_id": "329059", "title": "", "text": "In a nutshell, there are significant entrance hurdles, legally and especially financially. The fixed cost and effort to get it set up is high (although later, the proportional cost and efforts are negligible). Therefore, this is only of interest for taxable amounts of seven digits or more - which most people don\u2019t reach."}
{"_id": "329062", "title": "", "text": "Are you trying to get someone to do your homework for you?  This question has been answered repeatedly in the negative by everyone who actually studies the economy.  Read Mundell-Flemming model, and learn this stuff.  You can see why currency regimes like the Euro make sense from a theoretical stand point, but where flexible exchange rates are a welcome release valve for pressures.  You obviously have never studied economics. Hyper inflation doesn't happen becuase of floating exhange rates.  Hyperinflation happens when people lose faith in the governing body, regardless of who that is.  You think political regimes won't change just because there is one currency?  No, they will still spent 1.05 for every dollar they bring in taxes.  Hyperinflation is not a problem of floating exchange rates, it doesn't follow from any causal relationship."}
{"_id": "329099", "title": "", "text": "The biggest flaw in the unemployment rate is that it does not count individuals who have fallen off the unemployment benefit rolls. So if your unemployment has lasted longer than your unemployment benefits, guess what, your not unemployed anymore and the rate decreases. Also as this older article below illustrates, individuals are being pushed into other programs as a means to survive further removing them from employment opportunities.   http://www.marketplace.org/topics/economy/when-unemployment-runs-out-whats-next"}
{"_id": "329101", "title": "", "text": "\"If something is tax-deductible in the US, it means that, in the eyes of the Internal Revenue Service, you effectively didn't earn that money.  Within restrictions, your adjusted gross income, which is the income that your tax is calculated on, is reduced by the amount of your tax deductions.  In the case of the ASPCA, they've jumped through the appropriate hoops to become a 501(c)(3) organization, which, among other things, means that donations to them are tax-deductible by the donor (a) if they itemize, and (b) if they haven't reached a donation cap.  That's the carrot that encourages donations to these organizations.  There are restrictions, meaning that there can be only certain types of privileges or exchange between the donor and the organization.  Essentially, it has to be a donation, and not a purchase of substantial goods or services.  Your donation to these kinds of organizations doesn't hurt their funding elsewhere, or shouldn't. As mentioned above, if you don't itemize your deductions, you won't gain any extra tax savings from the donation.  (You shouldn't itemize if you're better off taking the standard deduction.)  Having said that, though, please give whatever you're led to give, after considering all of the ramifications (financial and spiritual).  The tax deduction is only a subsidy; the IRS doesn't \"\"pick up the whole tab\"\" but only refunds a fraction to you in the form of tax savings through itemized deductions.  If you don't feel you have the money, then donate your time.  It might be more needed anyway!\""}
{"_id": "329106", "title": "", "text": "break fast is easy to make, lunch and dinner can be prepped on sundays. check out the sundaymealprep subreddit. there are tons of easy to make recipes, and you will save literally thousands every year. if that still doesnt seem appealing, just imagine that you are being paid to cook your own food because that is pretty much what is happening."}
{"_id": "329125", "title": "", "text": "I'm amazed at how much debt my mom was able to accumulate before they finally cut her off. And it was all unsecured debt so there was jack shit they can do about her defaulting.  If you're poor, and old (no assets, no house, no nothing), it makes sense to go as far into unsecured debt as possible."}
{"_id": "329137", "title": "", "text": "\"Pay it off. If necessary, get a loan so you can pay it off; that's what refinancing is all about and your favorite bank or credit union would be happy to help you with this. If that isn't sufficient to make the car affordable you may need to sell it, take the loss, and learn from the experience. Sorry, but you made an agreement and it's up to you to find a way to meet your end of the bargain. (If you had decided you didn't like this loan within a few days of signing, you might have been able to back out under \"\"cooling off period\"\" laws. But those only allow a very limited time for reconsideration.)\""}
{"_id": "329146", "title": "", "text": "On Hold Message not absolutely provides a amazing chance of you to promote to your customers, however it's a good thanks to indicate your organization and every one of the little that create it one-of-a-kind. Contact us on: 1300 438 2464"}
{"_id": "329161", "title": "", "text": "I'm a big fan of indie movie theaters. But I'm going to have to advise you to come up with another idea if you want a for profit business. Many independent theaters are non-profits, others are vanity investments by wealthy owners who don't mind losing money. The rest just go under. Also, if you don't have any industry knowledge you will never make it to opening night."}
{"_id": "329174", "title": "", "text": "\"The thing with advancing technology is that cameras have become cheaper and everybody has computers. Teenagers know how to use photoshop. So I don't see the pressure on photographers going away any time soon. It's like the porno industry that is getting squeezed because everybody who has a camera and a computer can make one. The professional quality is better. But the amatuer quality products have caught up to the point where it can start competing. Some people are happy with being able to say \"\"I took a photo for the cover of Time\"\".\""}
{"_id": "329180", "title": "", "text": "Two simple possibilities:"}
{"_id": "329182", "title": "", "text": "Just got back from the office, so I can better answer it now. The trader uses the Metatrader platform, which is programmed with a language based off C++. I'm working with him to update some algos now. His strategies running on ToS are more or less proof-of-concept that he streams right now as he sources investors."}
{"_id": "329184", "title": "", "text": "Actually, they wouldn't get arrested. They could probably get away with doing it a lot of the time if the job isn't one where the public visits, as inspectors only come around infrequently. As long as they have someone designated to run ahead and unlock the exit before the inspector sees it, they wouldn't even get caught most probably. Even if they did get caught, the company would just get a fine and a re-inspection. They'd probably even notify the company when the next inspection is coming ahead of time so that they'd have an even easier time of hiding it. At least this has been my experience of things like this.  Edit to add:  I have no experience of unions myself. Some of my relatives have / do work in unionized shops. Overall their experience has been fair to good. An interesting point relating to the union argument: It was pointed out when they had the protests over the teacher unions that teachers in states where there are unions cost the states a good percentage more. As in their pay rate is higher, and their benefits are better. So the argument of the states as a reason for banning collective bargaining for teachers / public employees is that they'll be able to pay them less because they'll have less recourse."}
{"_id": "329202", "title": "", "text": "\"Yes! Banks, Insurance companies, and other \"\"financial\"\" service companies do not contribute anything to the economy.  They are mostly a burden and added costs on those who earn money by MAKING things and adding value to existing things, from manufacturers, to transportation, retailers, services, etc.\""}
{"_id": "329204", "title": "", "text": "She was cruise director Julie. Anybody with reasonable dedication could have done that job. Anyone who was ever a successful camp counselor.  Her lack of depth and ability was exposed - painfully - at yahoo. Way out of her depth. And yeah, given the same lottery ticket I think I could have done much better. Most anyone who ever ran a company for real  would have."}
{"_id": "329209", "title": "", "text": "But this is the same for all businesses. Expenses suck, but their a part of doing business. This is such a predictable expense as well.  Interestingly in Norway we have maternity/paternity leave that totals 12 months. Recently 3 months of this has been made into paternity leave only. This means that the risk of losing an employee for at least 3 months exists for both genders (while still the chance of a women being gone for longer is still higher).  Realistically, many men take 6 months (and some even more)."}
{"_id": "329217", "title": "", "text": "Extended illness/disability that prevents you from being able to work. Edit: Leigh Riffel: So, why should this be expected, and how should it be planned for? Some of us may be fortunate enough that this never happens, but I've known enough unlucky people to have seen that it can and does happen. Prepare for it with:"}
{"_id": "329223", "title": "", "text": "Yes, the supply side is probably permanently restricted, and if NIMBY/regulations eased, there might be a temporary dip in prices (possibly even something that could be regarded as a bubble pop, but in reality that is very unlikely.)  The self-regulating system I see is on the demand &amp; employment side; companies can't keep raising wages but still require the workers, so they will have to sort workers by location: executives, creatives, and professionals in large cities; back-office white-collar in suburbs and/or smaller cities and production/manufacturing in rural areas."}
{"_id": "329226", "title": "", "text": "Diversification is one aspect to this question, and Dr Fred touches on its relationship to risk.  Another aspect is leverage: So it again comes down to your appetite for risk.  A further factor is that if you are successfully renting out your property, someone else is effectively buying that asset for you, or at least paying the interest on the mortgage. Just bear in mind that if you get into a situation where you have 10 properties and the rent on them all falls at the same time as the property market crashes (sound familiar?) then you can be left on the hook for a lot of interest payments and your assets may not cover your liabilities."}
{"_id": "329228", "title": "", "text": "As I have worked for H&R Block I know for a fact that they record all your activity with them for future reference. If it is their opinion that you are obligated to use their service if you use some other service then this, most likely, will affect your future dealings with them.  So, ask yourself this question: is reducing their income from you this year worth never being able to deal with them again in future years? The answer to that will give you the answer to your question."}
{"_id": "329239", "title": "", "text": "Comparing zoning laws, which have a real effect on property rights and values, not to mention permanent alterations of the landscape, to ridesharing companies who negatively impact the taxi industry, are not comparable.    I'm not sure what industry is comparable,  but not zoning.  Again, if laws are stupid, counter productive, and a drain on society, I fully support busting them up.  Without a company like Uber, Taxis would still be the best mode of transportation around NYC.  Taxis would have no real incentive to innovate because they have been in their protective cocoon for the last 60-70 years.  If Uber would have tried to do it legally, it would have backfired monumentally on them.  The taxi industry would have fought them tooth and nail, and consumers wouldn't have weighed in because they wouldn't have known any better.  Uber has shown passengers what service can be like and now virtually no one wants to go back to the days of smelly yellow cabs."}
{"_id": "329246", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nakedcapitalism.com/2017/08/case-consumption-tax.html) reduced by 87%. (I'm a bot) ***** &gt; You often hear calls out there - mostly from Right economists but also from some on the Left - for a consumption tax in the U.S. As presented, it&amp;#039;s a super-simple idea: tally your income, subtract your saving, and what&amp;#039;s left is your consumption.  &gt; The tuition line raises a particularly vexing question, and brings us back to the second question: what economic effects would we see from a consumption tax, under various accounting and taxation rules? Clearly, if you tax tuition, you discourage education.  &gt; A consumption tax, compared to, say, a wealth tax or a land-value tax, is a direct assault on GDP and GDP growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6txd1l/the_case_against_a_consumption_tax/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191594 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **consumption**^#1 **Save**^#2 **tax**^#3 **account**^#4 **family**^#5\""}
{"_id": "329249", "title": "", "text": "In your scenario, I would do the following: If, in the short term, something should happen, you can always tap into a line of credit or even a cash advance on the credit card.  But, you should in no way be paying $70 a month in interest.   Assume you want to pay off the Credit card over 12 payments, you would need to pay about 450 a month, which costs 400 in interest.  At the end of the year, you have $5000 in savings, and $0 debt. The alternative, is to pay off the credit card right now, and put that $450 into savings, you would have $5400 in savings, and $0 debt. I'm usually the last to recommend a $0 safety net, but I make an exception in the case of retirable credit card debt.   In the worst case, you are no worse off than you are now, in the best case, you're up about $400 at the end of the year."}
{"_id": "329251", "title": "", "text": "\"Holy shit, you are such a fucking fool and you still don't get it. You dense motherfucker.  People are PRESCRIBED this medication, you fucking idiot.  I'm done with you. Don't address me again.   edit: also, you REALLY have no idea what you're talking about since you say you got \"\"soft poop\"\" - hey dumbass, opiates constipate people.  Fucking moron\""}
{"_id": "329269", "title": "", "text": "&gt; But achieving that growth is difficult as China and other countries have pursued aggressive export strategies and **the U.S. has lost manufacturing skills and suppliers after shifting production overseas**.  (Emphasis mine)  And they're doing the exact same thing in almost every possible field: legal and accounting services, [medical services](http://www.outsource2india.com/services/healthcare.asp) and, of course, the outsourcing poster child- software.  Even hardware development is moving overseas.  That's one high-paying and specialized field.  The US (and other western countries) are training their competition and weakening their future strength in some very important areas."}
{"_id": "329270", "title": "", "text": "The Government doesn't borrow money. It in fact simply prints it. The bond market is used for an advanced way of controlling the demand for this printed money. Think about it logically. Take 2011 for example. The Govt spent $1.7 trillion more than it took in. This is real money that get's credited in to people's bank accounts to purchase real goods and services. Now who purchases the majority of treasuries? The Primary Dealers. What are the Primary Dealers? They are banks. Where do banks get their money? From us.  So now put two and two together. When the Govt spends $1.7 trillion and credits our bank accounts, the banking system has $1.7 trillion more. Then that money flows in to pension funds, gets spent in to corporation who then send that money to China for cheap products... and eventually the money spent purchases up Govt securities for investments. We had to physically give China 1 trillion dollars for them to be able to purchase 1 trillion dollars in securities. So it makes sense if you think about how the math works in the real world."}
{"_id": "329277", "title": "", "text": "I recently paid-off $40k in student loan debt. One of the motivations for me to accelerate my payments was that over time, as my income increased, the amount of student loan interest I could write-off on taxes started to phase-out."}
{"_id": "329310", "title": "", "text": "gef05 hit it on the head -- the books get frozen when mergers/spinoffs happen. I worked as an IT guy at a company whose mission was operating call centers -- and they didn't bother paying the phone bill! Why? the terms were already agreed upon, and the powers that be were waiting for final legal sign-off. Try to figure out who the leaders are going to be after the spinoff, and start politicking them."}
{"_id": "329328", "title": "", "text": "\"Maybe things are different in California. I live in Michigan and have bought several house (over the course of many years) in Ohio and Michigan, and I have never hired a lawyer. Yes, there are all sorts of contracts to sign, but these are all standard contracts. I'm sure people contracting for a $50 million office building have lawyers and haggle over contract terms, but for the typical home buyer, the realtor shoves the contract in front of  you and you sign it. Your choices are basically take it or leave it. If you don't like it, you're going to find that all the realtors in the state use pretty much the same standard contract. Very Late Update The paragraph you quote says \"\"these MAY include ...\"\". There are circumstances where you would want to hire a lawyer to review or negotiate documents related to a loan. But I don't think that's the normal case.\""}
{"_id": "329337", "title": "", "text": "\"At any rate, you have your mind made up and did from the get-go, so next time don't pretend you're asking in the spirit of learning or seeing a difference, and just say that you're espousing libertarian \"\"the free market will take care of everything!\"\" ideas. At least be upfront about it so people know not to waste their time.  Have a good day.\""}
{"_id": "329344", "title": "", "text": "&gt;(thus credit does cost a bit more)  A ton more. An incredible amount more. You are basically going from secured creditors who can recover assets like rent, improvements, or the real estate to unsecured creditors who can recover nothing. The cost of financing would be prohibitive. Congrats, you've grinded the economy to a halt."}
{"_id": "329378", "title": "", "text": "T shirts have become rage and are very commonly worn by all age groups of people. They can be worn in several occasions such as sports wear, party wear, and casual wear and so on. These days, the T shirts are coming with lovely slogans which are not only meaningful but also fun to read."}
{"_id": "329425", "title": "", "text": "\"Anything under 0.20% is \"\"really good, leave it alone.\"\" However, since you have access to their institutional funds, it isn't unreasonable to come up with your own desired asset allocation and save another half of the fees.  If you're happy with the Target Retirement date fund, just stick with it, but if you've got a particular AA you want to maintain, go for that with the cheaper underlying funds.\""}
{"_id": "329437", "title": "", "text": "\"&gt;Your line of reasoning is why you should have a timeline on a prediction. It's been, what, 12 years now of near constant assertions that huge inflation is just right around the corner. How long should we wait for it?  Just long enough so that when it happens, you can claim that \"\"Shit! No one could have predicted THAT.\"\"  &gt;to keep the inflation, which there is absolutely no sign of whatsoever  Wow.  The blindness.  It HAS to be willful.\""}
{"_id": "329450", "title": "", "text": "I'm of the opinion that speculating is for young people like you, because they can afford to lose it all. Avoiding losses becomes necessary once you have to sustain a family, and manage a somewhat large retirement funds. Even if you lose all your money when speculating, you'll probably be better off later, because you make less costly mistakes once you have larger amounts of money."}
{"_id": "329466", "title": "", "text": "If you are going to the frenzy of individual stock picking, like almost everyone initially, I suggest you to write your plan to paper. Like, I want an orthogonal set of assets and limit single investments to 10%. If with such limitations the percentage of brokerage fees rise to unbearable large, you should not invest that way in the first hand.  You may find better to invest in already diversified fund, to skip stupid fees. There are screeners like in morningstar that allow you to see overlapping items in funds but in stocks it becomes trickier and much errorsome. I know you are going to the stock market frenzy, even if you are saying to want to be long-term or contrarian investor, most investors are convex, i.e. they follow their peers, despite it would better to be a concave investor (but as we know it can be hard).  If the last part confused you, fire up a spreadsheet and do a balance. It is a very motivating activity, really. You will immediately notice things important to you, not just to providers such as morningstar, but alert it may take some time. And Bogleheads become to your rescue, ready spreadsheets here."}
{"_id": "329496", "title": "", "text": "\"Why would you just look at salary and not total comp for a first year? It's pretty misleading to say \"\"$60k to work 100 hours a week\"\" when you do in fact get paid well above that.  Also, in my 2 years of consulting, I've never come anywhere close to 100 hour work weeks. It usually fluctuates between 45-60 hours. Not to mention Fridays are usually pretty casual/relaxed days since you're working from home or in your home office doing random firm activities/networking.\""}
{"_id": "329497", "title": "", "text": "You are right; Rollover is a process, and not an account type; the result is a Traditional IRA. There is no such thing as a 'Rollover IRA Account'. Rolling a 401(k) over to a Traditional IRA makes sense if a) you have to, because you leave the employer the 401(k) is with; b) because you Traditional IRA is cheaper or more flexible or in other ways 'better' for you, or c) if your next step is a backdoor rollover to a Roth IRA. Most of the time, it doesn't make sense, because employer 401(k) are often better and cheaper. Of course, for the investment company where you roll it too, it makes a lot of sense, because they get your money, so they recommend it. But that's only good for them, not for you. Of course you can roll into an existing account, if you want to roll. Making a new account has no advantage. I cannot imagine any IRA custodian wouldn't take rollovers; they would shoot themselves in the foot by that. What can happen - and you should consider this - that your IRA only accepts cash, and does not allow to transfer the shares you have in the 401(k). That means you have to sell and then re-buy, and you might lose a lot in fees there."}
{"_id": "329504", "title": "", "text": "\"There is no guarantee improvements will raise the appraised value.  You also don't want your property tax appraisal to go up if you can avoid it. Since you are talking on the order of $10k I'll assume you're only a few thousand dollars more from getting to 20%. That said, any schemes you might come up with like refinancing or second line of credit will probably cost more in fees than they are worth, unless you can get a much nicer interest rate. Figure out how long you plan to stay there, Evaluate your options (do nothing, principal reduction, refinance for 30, 15, or even an ARM) and figure out your bottom line by comparing everything in a spreadsheet One more thing: if you do pay a substantial amount of extra principal, you can ask the lender to \"\"rebalance\"\" which will correct the minimum monthly payment to your remaining term. This will likely incur a fee, but could be helpful in an emergency\""}
{"_id": "329526", "title": "", "text": "Bedford, TX is known as The Center because it quite literally sits at the heart of the Dallas/Fort Worth Metroplex. It is a typical Texan neighborhood that was designed with families in mind\u2013 close to schools, hospitals, and churches as well as amusement and leisure centers."}
{"_id": "329527", "title": "", "text": "The problem with predicting with accuracy what a stock price will do in any given situation is that there are two main factors that affect a stocks price. The first factor is based somewhat in math as it takes into account numbers such as supply and demand, earnings per share, expected earnings, book value, debt ratio and a wide variety of other numbers. You can compile all those numbers into a variety of formulas and come up with a rational estimate of what the stock should sell for. This is all well and good and if the market were entirely rational it would rarely make news because it would be predictable and boring. This is where our second factor throws a wrench in the works.  The second factor affecting stock price is emotional. There are many examples of people's emotions affecting stock price but if you would like a good example look up the price fluctuations of Apple  (AAPL) after their last couple earnings reports. Numerically their company looks good, their earnings were healthy, their EPS is below average yet their price fell following the report. Why is that?  There really isn't a rational reason for it, it is driven by the emotions behind unmet expectations. In a more general sense sometimes price goes down and people get scared and sell causing further decline, sometimes people get excited and see it as opportunity to buy in and the price stabilizes. It is much more difficult to anticipate the reaction the market will have to people's emotional whims which is why predicting stock price with accuracy is near impossible.  As a thought along the same line ask yourself this question; if the stock market were entirely rational and price could be predicted with accuracy why is there such a wide range of available strike prices available in the options market?  It seems that if stock price could be predicted with anything remotely reassembling accuracy the options market need a much smaller selection of available strike prices."}
{"_id": "329528", "title": "", "text": "It will be interesting to see if they can rebound or if this will be a slow and steady dissent into retail oblivion. I think it will help them with the fact that so many other retailers are closing their brick and mortar stores."}
{"_id": "329536", "title": "", "text": "http://gmorton.shoppingdaisy.com Powered by Zeekler What is ShoppingDaisy?  ShoppingDaisy is a free app for instantly finding the lowest price for any item you wish to purchase. ShoppingDaisy works between your search and price comparison services spanning hundreds of millions of products and extending into travel, lodging, tickets, deep discounts, daily deals and more to bring you savings every time. How does ShoppingDaisy work? Simple. Just Click, Compare and Save. Get it now. It's Free.  Click Here http://gmorton.shoppingdaisy.com CLICK... ShoppingDaisy."}
{"_id": "329544", "title": "", "text": "\"For Brian Nowak an Analyst at Morgan Stanley who just downgraded SNAP.  &gt;\"\"SNAP's ad product is not evolving/improving as quickly as we expected and Instagram competition is increasing,\"\" Nowak said in a note to investors.  I wonder why a highly respected stock market analyst would confuse Snapchat with Instagram?\""}
{"_id": "329552", "title": "", "text": "Everything lies in In the end. How many days/weeks/months/years can you wait for your money back?"}
{"_id": "329565", "title": "", "text": "VaR does not capture overall risk, it allows you to say a statement, based on our model, K% of the time, losses will not exceed X.  The problem is,   1. How accurate is the statement out of sample?  2. What is the marginal value of this number? Are the choices I make better or worse?  3. Even with a 99.999% confidence level what is the cost to the organization if a decision is made when the model is wrong?  Personally when running multiple strategies, you always need to factor in model risk in your asset allocation/trading, i.e. either shut down or reduce exposure when assumptions are violated or run something else, for example when correlations between strategies increases, it is logical to downsize exposure to those strategies as the risk factor to equity has increased.  1. in the grand context of a bank/financial institution, if the VaR is wrong we can bankrupt or negative, so we may want to diversify revenue streams by avoiding that risk, for example correlations increase across asset classes.  2. Sizing is a key problem for banks, as the question is does model error across various platforms (FI, EQ, FICC, Transactions etc), happen at the same time?"}
{"_id": "329582", "title": "", "text": "Bonds are extremely illiquid and have traditionally traded in bulk.  This has changed in recent years, but bonds used to be traded all by humans not too long ago. Currently, price data is all proprietary.  Prices are reported to the usual data terminals such as Bloomberg, Reuters, etc, but brokers may also have price gathering tools and of course their own internal trade history. Bonds are so illiquid that comparable bonds are usually referenced for a bond's price history.  This can be done because non-junk bonds are typically well-rated and consistent across ratings."}
{"_id": "329596", "title": "", "text": "\"tl;dr Roth earnings are not necessarily \"\"tax deferred\"\", but they might be. This is a great question because IMHO, the use of the wording \"\"tax deferred\"\" is slightly misleading when talking about a Roth IRA (and Roth 401k too). The phrase \"\"tax deferred\"\" actually means you save tax now and you pay tax later, i.e. you \"\"defer\"\" the tax. As you pointed out, this is the normal terminology used for describing a Traditional IRA/401k. Earnings on a Roth IRA are tax free (not deferred), but only if your distributions are qualified. For the most part distributions are considered qualified if you wait until you are 59.5 years old before taking the money out, but there are some exceptions. If you choose to distribute more than your contributions, meaning you are now taking out earnings, the earnings are tax free only if your distribution is qualified. For example, if you take out the earnings before you are 59.5 (and no other exceptions apply), then you would pay tax on the earnings and also a 10% penalty. So, perhaps a better way to say it is that earnings in a Roth IRA are \"\"conditionally tax deferred\"\".\""}
{"_id": "329606", "title": "", "text": "You're retarded, have no idea what you're talking about, and demonstrate the precise type of boostering, fanboy ignorance typical of the people who will sign up for this bullshit before they have even a clue what it actually is.  Familiarize yourself with this.  It's nine years old, already. http://www.wtec.org/ConvergingTechnologies/Report/NBIC_report.pdf"}
{"_id": "329620", "title": "", "text": "The moment that you start to rent your car to strangers you are talking about using your car as a business. Will it be financially advantageous? If you can convince somebody to rent your vehicle for more than your required monthly payments then it might be. Of course you have to determine what would be the true cost of ownership for you. It could include your auto loan, and insurance, but you would be saving on the garage costs. Of course if you don't have it rented 100% of the time you will still have some costs. Your insurance company will need to know about your plan. They charge based on the risk. If you aren't honest about the situation they won't cover you if something goes wrong. The local government may want to know. They charge different car registration fees for businesses. If there are business taxes they will want that.  Taxes. you are running a business so everybody from the federal governemnt to the local government may want a cut. Plus you will have to depreciate the value of the item. Turning the item from a personal use item to a business item can have tax issues. If you don't own it 100% the lender may also have concerns about making sure their collateral survives. Is it safe? and from the comments to the question :  Should I do a contract or something that would protect me? Nope. it isn't safe unless you do have a contract. Of course that contract will have to be drawn up by a lawyer to make sure it protects you from theft, negligence, breach of contract.... You will have to be able to not just charge rent, but be able to repossess the car if they don't return it on time. You will have to be able to evaluate if the renter is trustworthy, or you may find your car is in far worse shape if you can even get it back."}
{"_id": "329637", "title": "", "text": "You need to be clear about who gets your money: If you pay the existing owner $25K and (s)he gives you half the business, then you now own half of a $50K business an the original owner has an extra $25K in spending cash.  The value of the business has not changed. If you contribute $25 to the company, new equity shares are created.  Shares should be priced correctly, meaning you now own $25K worth of shares in a company worth $75k, so you should have 1/3 of the outstanding shares (counting both old and new shares).  If you get more or less than this, then the transaction has happened in an unfair way. If this is a public company, that would most likely be illegal and the SEC may throw you in jail.  If it was a private company and your friend created enough shares that you own half the company, then (s)he has given you a gift. If you are contributing to the company at a fair price, you would need to contribute $50K in order to end up with half the equity of the new and now more valuable firm. In that case the firm would be worth $100K after your contribution. Bottom line, this is a common and not complex transaction and should end up with a completely fair outcome.  Any unfair situation you can imagine is probably based on false assumptions or a situation where a non-arms-length transaction is transferring wealth contrary to normal rules and procedures."}
{"_id": "329643", "title": "", "text": "The bigger problem isn't the people making career posts. It's that this subreddit has grown too big to have the intelligent conversation it once did. This subreddit has gone from being mostly finance professionals to now including the types you see in /r/economy and other idiots that are only tangentially interested in finance. I'm not sure what you can do about this, it's probably too late."}
{"_id": "329656", "title": "", "text": "Core Pest Solutions goes way beyond the services of any other pest control company I have used in the past. They are truly dedicated to providing an excellent, fast service and seeing that my ants were eradicated. I would recommend them to anyone."}
{"_id": "329662", "title": "", "text": "\"As the other answer said, the person who owns the lent stock does not benefit directly.  They may benefit indirectly in that brokers can use the short lending profits to reduce their fees or in that they have the option to short other stocks at the same terms.   Follow-up question: what prevents the broker lending the shares for a very short time (less than a day), pocketing the interest and returning the lenders their shares without much change in share price (because borrowing period was very short). What prevents them from doing that many times a day ? Lack of market.   Short selling for short periods of time isn't so common as to allow for \"\"many\"\" times a day.  Some day traders may do it occasionally, but I don't know that it would be a reliable business model to supply them.  If there are enough people interested in shorting the stock, they will probably want to hold onto it long enough for the anticipated movement to happen.   There are transaction costs here.  Both fees for trading at all and the extra charges for short sale borrowing and interest.  Most stocks do not move down by large enough amounts \"\"many\"\" times a day.  Their fluctuations are smaller.  If the stock doesn't move enough to cover the transaction fees, then that seller lost money overall.  Over time, sellers like that will stop trading, as they will lose all their money.   All that said, there are no legal blocks to loaning the stock out many times, just practical ones.  If a stock was varying wildly for some bizarre reason, it could happen.\""}
{"_id": "329674", "title": "", "text": "$600 a month is high, but may be the best you can do. When I moved from UK to Canada my first insurance quote was $3000 a year, but that was 20 years ago and I was older than 27. The rates go down substantially after you have had a local license for a few years. Best tips for minimising this:"}
{"_id": "329699", "title": "", "text": "Thanks for the news articles. Perhaps you could weigh in on this [study by the National Institute of Health](https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1253709/) that looked at the NHS study you keep bringing up? Specifically  &gt;Glyphosate exposure was not associated with cancer incidence overall or with most of the cancer subtypes we studied. There was a suggested association with multiple myeloma [cancer of the plasma cells] incidence that should be followed up as more cases occur in the AHS.  Shouldn't this also be taken into account when talking about if Round-up causes cancer? The science seems far from settled at this point.  Everything you've linked concerns non-hodgkin lymphoma. I understand why Monsanto would ignore the data that does indicate a problem and focus on this singular, just now being reviewed study. Why are you?"}
{"_id": "329703", "title": "", "text": "We dont need the dollar....   we have coke pepsi McDonald's kfc burgar king  pizza hut dominos microsoft apple google snapchat ebay amazon uber cisco oracle intel exxon mobile boeing walmart.  We also have MIT stanford harvard Princeton and another 100+ universities.    We have so much here.  Way more than any other country.  The biggest companies, the smartest people, and much more.  Im not concerned"}
{"_id": "329713", "title": "", "text": "If you are assigned a US Social Security number, you can apply for credit while you are here.  Making small purchases and paying them off will help with your length of credit history, which is a part of FICO, but inactivity will eventually lead to those accounts being closed.   Additionally, many revolving credit companies will charge you annual fees to keep your accounts open, and will require you to maintain a US address, and most want a residential address, not a mail-drop or PO Box. TL;DR: you can do it, but it will likely require an investment of both in time and money that won't make it worth it. Footnote:  If you plan on opening US banking or investment accounts, there are regulations that make it difficult for foreign nationals to maintain accounts due to IRS categorization of US Taxpayers vs Foreign Nationals.  Unless you have a lot to invest or deposit, most firms won't want to bother with Foreign taxpayer certification (see w8ben)."}
{"_id": "329736", "title": "", "text": "Another minor reason not to rollover would be to avoid the pro-rata taxes when doing a backdoor Roth IRA contribution."}
{"_id": "329742", "title": "", "text": "I stopped going to Applebee\u2019s the same reason I stopped going to Chili\u2019s and Red Robin.  The stupid tablets they added.  They all added tablets to the table which meant the waiters vanished.  I go out to eat to be served, and have a nice experience, not to tap out my own order and tap out my own payment info on some grimey shitty tablet that others have been smearing their fingers on all day long, and then wait forever for drink refills because they have no reason to check on you regularly.  At that rate I could go do the same thing at mcdonalds for half the price."}
{"_id": "329746", "title": "", "text": "MoneysavingExpert has a regularly updated page about the best cards to use outside the UK.  At the moment Halifax has a good credit card but you will pay interest on the cash withdrawal. I have a FairFX pre-paid card but that requires a UK address for the card delivery (at least) and can be topped up online from a UK bank account."}
{"_id": "329757", "title": "", "text": "First, look at the local housing market, and the price to rent ratios. If you are comfortable that a house can be had for near to the cost of renting, and are not still dropping is price, then focus on the down-payment. I don't imagine housing prices to start picking up any time soon, so you don't be too rushed. If you feel like you have a longer time to save before you want to buy, I would focus as much money as I can into a retirement account while still saving for a down payment. Since you are young, you really want your retirement accounts working for you as soon as possible. You should not be investing in 3% stable funds, but the stock market index funds. Retirement is for 40 years in the future. Using funds for a down-payment from a retirement account should be a last resort. Remember this money is to provide you security later in life, not to get you into a house. When you take out money and put it into a house, it will not be appreciating nearly as fast. It is easy to say you will save later, but the money you save early in life will make up 50% or more of your funds when you retire. That is why it is critical to save for retirement as soon as possible."}
{"_id": "329767", "title": "", "text": "Figure you need as much cash in the bank to pay all of your bills for the amount of time it would take you to find a new job if yours went away.   Also .. congratulations on your situation .. good work."}
{"_id": "329771", "title": "", "text": "&gt;London Black Cabs are acknowledged globally as the best on earth. Other than the huge cost, I have always had a very positive experience in them. So you are correct, it is not in every city on earth.  London Black Cabs are still pretty awful, they are expensive and not particularly innovative. Minicabs throughout the UK are far better in my view, you can book them in advance, pay online, use an app to see where they are and who is coming, or get a call/text etc.. In short, minicabs tend to be cheaper and generally offer more efficient service. They are also regulated far less strictly, I could go and start driving a minicab fairly easily, no so much for black cabs.  &gt;I have been to 40% of countries in the world, and travel extensively for business and vacations. Taxis are almost universally awful. I have had negative experiences on every continent.  Compare them to the uber equivalent though, taxis in Hong Kong are ubiquitous and cheap, but they aren't particularly pleasant, Uber somehow manages to be worse.  Uber in Berlin was at best on a par with a normal Cab, in Glasgow it was more expensive..  In short uber feels like another minicab firm, the local standard seems more relevant because there isn't a consistent 'Uber' standard..  &gt;As a man, I have felt threatened on occasions and realized that no one knows I am in this taxi, I can only imagine what women go through.  I haven't (possibly the Philippines once or twice..) but I don't really feel significantly safer in an Uber..  &gt;I am no fan of how Uber is run, but the concept is here to stay. Taxis will never be able to compete with the traceability and accountability. Whether it is Uber or a competitor, that is what the world will use.  But cab companies already do, I can see who my driver is, what the registration is with my local cab company, moreover I can call the cab company, schedule a pick up for two weeks time for a trip to the airport and know what I'm paying.   In short, there is nothing that makes uber particularly special, they are essentially a minicab company with a technological edge that has already been, or is being eroded.  &gt;The hijacked the term ride sharing, however the generally accepted definition today is an Uber type service.  Uber is trying to hijack it because it suits them to try and distance themselves from the vehicle for hire definition that means they have to comply with licensing, vehicle and employment regulation.  Moreover, it's a real shame shame because there is value, both economic, social and environmental in actual ride sharing, it's part of the 'sharing economy' that is actually realisable.   &gt;Typically the only people who defend taxis, either very rarely take them, or are drivers themselves.  Well, I don't drive a taxi and use them regularly enough, but I'll happily defend some of my local firms because they are pretty decent. I do however understand why people in areas with poorly regulated taxi services might see uber as a positive in that it will disrupt an unnatural and often inefficient monopoly."}
{"_id": "329774", "title": "", "text": "Business bookkeeping services helps small businesses in all aspect of managing their accounts and financial data within the accounting software. We have expertise in following accounting software QuickBooks, MYOB, and Peachtree. We have also used other small business accounting software like Great  plain, Simply Accounting, etc. Using this software we can produce various reports, graphs, and other analysis documents to help you in your bookkeeping tasks."}
{"_id": "329781", "title": "", "text": "\"There really isn't any good ways that I'm aware of. (The exception is in New York or California, where hospitals must post prices.) The law sets price floors on many procedures by setting Medicare and Medicaid reimbursement rates. As a result, the \"\"list price\"\" for a given procedure is dramatically inflated, and various health insurers negotiate rates somewhere in the middle. I'd recommend talking to the business offices or financial counselors at medical groups that you do business with. Ask about \"\"self pay discounts\"\" or other programs appropriate for folks in your position.\""}
{"_id": "329786", "title": "", "text": "Our elegant custom wire jewelry can be made into any word, so you aren't simply limited to names. Personalized name Jewelry makes a touching and thoughtful gift- for others or for yourself! Wire jewelry is designed to be passed down for generations to come, each piece is crafted by hand in San Diego, CA  While names are our most popular personalized gift which is handmade name necklace, there is a growing trend to have us create unique custom gifts that you won't find anywhere else. These are just some of the few concepts we've made into unforgettable keepsake jewelry. We can make custom jewelry from a picture or your imagination.  All handcrafted by Adriana Fine Jewelry are custom made in gold filled wire and sterling silver wire, silver custom bracelet, wire neck choker, personalized mothers jewelry, personalized anklet with birth stone, choker, neck wire."}
{"_id": "329789", "title": "", "text": "\"Actually, banks do issue their own money, it's just not embodied as a piece of paper, it's called checkbook money and in the US, it's backed by 3$ per every 100$ promised, that's the magic of \"\"fractional reserve banking.\"\"\""}
{"_id": "329793", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://ourworldindata.org/how-much-will-it-cost-to-mitigate-climate-change/) reduced by 95%. (I'm a bot) ***** &gt; An important question then arises: how do we achieve this, and how much will it cost to keep warming below the two degree target?  &gt; How do we estimate the economic cost of mitigating climate change? The most common way of measuring-and visualizing-the options and costs of reducing our greenhouse gas emissions is to use the so-called &amp;#039;abatement cost curve&amp;#039;.  &gt; Our average annual cost is calculated as a balance of how much money we need to invest, and how much we get in return based on efficiency gains and reduced running costs relative to our current technologies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejanw/how_much_will_it_cost_to_mitigate_climate_change/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133492 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **cost**^#1 **abatement**^#2 **potential**^#3 **option**^#4 **technology**^#5\""}
{"_id": "329798", "title": "", "text": "Asset protection is broad subject. In your examples it is certainly possible to have accounts that exist undisclosed from a spouse and legally inaccessible by said spouse. In the US, balances in 401k retirement accounts are exempt from forfeitures in bankruptcy. The only trick to secret stashes is that it involves you having any wealth in the first place, that you don't need to access. It is more worth it, for most people, to use all of their access to wealth to get out of debt, earn claims to property, and save for retirement. This takes up all of their earnings, making hidden wealth of any significant portion to be an impractical pipe dream. But with trust laws, corporate laws, and marriage property laws being different in practically every jurisdiction, there is plenty of flexibility to construct the form of your secret wealth.  Cryptocurrency makes it much easier, at the expense of net asset value volatility."}
{"_id": "329810", "title": "", "text": "\"I agree with some of the points of the other answers but why not avoid all the guesswork? I highly recommend you not charge him now. Wait until the end of the year when you have much more information about both of your companies and then you can run the numbers both ways and decide if it would benefit you (collectively). If either of your businesses runs on a cash basis and you decide to invoice, just make sure the check is deposited before Dec 31. Update: If you want to do this for 2016, at least your husband's business would have to be using an accrual basis (since it's too late to take the deduction on a cash basis). Simply run the numbers both ways and see if it helps you. If it doesn't help enough to warrant it for 2016 you could rerun the numbers near the end of 2017 to see if it helps then. Diclaimer: I think it's OK to do this type of manipulation for the scenario you described since you have done (or are doing) the work and you are charging a reasonable fee, but realize that you shouldn't manipulate the amount of the invoice, or fabricate invoices. For example, you shouldn't ever think about such things as: \"\"If I invoice $50K instead of $3K, will that help us?\"\"\""}
{"_id": "329812", "title": "", "text": "This depends in part on who officially owns the account. Federally, 529 plan contributions are not tax-deductible, regardless of ownership.  Anyone can contribute to a 529 plan, though; the earnings of the 529 plan are tax-deferred and are tax-free if they are used for qualified educational expenses. In the state of New York, the account owner is entitled to deduct up to 10,000 (Married filing jointly) from their state taxes; however, that's limited to the account owner only.  If they're not in the state of New York, they may be able to have similar benefits from their home state; check their rules. You may have multiple accounts for one child, though, so if you and they both want to contribute for your child, that's perfectly fine. The limits are at the taxpayer level, so you can deduct $10k for all contributions to all children's accounts in sum (5k per kid if you have 2, and want to contribute equally, for example), but they can do the same. Gift tax is the other relevant thing to consider.  You can contribute $14k per year without either paying gift tax or adding it to the lifetime maximum (which is currently $1.5MM, but could change at any time either up or down).  You can also make a one-time contribution of 70k (5 years' worth) and have that amount exempt as if it were contributed over five years. For more information on all of this, see the New York 529 Page for more details."}
{"_id": "329817", "title": "", "text": "Not sure if this is possible... It is possible! It is called a balance transfer card and most of the major credit card companies offer them. It is possible to save a significant amount on interest during the grace period. However... Is this a viable option? Not really. Any card will charge you an upfront fee of 3% to 5% of the balance you are transferring. This really only buys you some time in case you are about to fall behind on payments. For many people it's just a way to shuffle around debt, digging themselves a little deeper into consumer debt with each transfer."}
{"_id": "329819", "title": "", "text": "\"It would be incredibly unusual for the same institution to offer checking and savings accounts with exactly the same features/benefits (including interest, etc). The reason is that (in the USA, anyways) the Fed makes banks keep a certain percentage of their total assets (called the reserve requirement) \"\"in house.\"\" Checking account deposits cannot be re-loaned 100%--some of the money you put in your checking account must be held by the bank in its vaults. Savings accounts are not limited in this way. So logic dictates that if depositing into one type of account is better for the bank than the other (ie, they can use more of the money to make money), they will reward people for using the one that is more beneficial to their bottom line. I'm recalling this from college finance 101, so I may be slightly mis-remembering things, but I'm 99.99% sure that this is the primary reason you see checking accounts with lower interest rates--banks would prefer you to use savings accounts, and set up incentives so that you will. Sorry, I know this doesn't really answer your question, but I think it may help you understand your options a little better (I hope!)\""}
{"_id": "329826", "title": "", "text": "\"&gt; (1) You put MBA behind your name? Lol who the fuck does that.   Literally every person on their resume.  There's this thing called LinkedIn too... you should check it out.  Go see for yourself.   &gt; (3) Generally they work for 3-5 years and then go back for their MBA. Some go part time while working full-time (which is what I did).  Yeah, like I said, this USED to be the trend probably when you went through school.  Things are changing and employers are looking for more education even for entry level jobs.   &gt; (4) You claimed that there are no jobs without an MBA now - I proved your very wrong in 3 minutes - these are shitty companies either.   No, you didn't.  I never claimed that.  Plus, you proved there are entry level jobs that don't require it.  My point / advice isn't so he's marketable for a 1st job, it's so that he can get a promotion faster than the competition, or at all.  Every job that's a finance manager requires an MBA or has it as highly preferable.   You're taking a hugely \"\"dickish\"\" tone here guy, and I never said shit to you about your lack of understanding of the business world - WTF is with the tone?  It seems like you've got a chip on your shoulder, and all I'm trying to do is tell this kid he'd be better prepared getting an MBA right away.  You think this is a win/lose sort of thing... but let me ask you this - tell me WHY he shouldn't get one right away.  If you actually want to WIN this, then prove that.  Go!\""}
{"_id": "329840", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-fed-debt-idUSKCN1AV1PY) reduced by 62%. (I'm a bot) ***** &gt; NEW YORK - Americans&amp;#039; debt level notched another record high in the second quarter, after having earlier in the year surpassed its pre-crisis peak, on the back of modest rises in mortgage, auto and credit card debt, where delinquencies jumped.  &gt; Total U.S. household debt was $12.84 trillion in the three months to June, up $552 billion from a year ago, according to a Federal Reserve Bank of New York report published on Tuesday.  &gt; Student loan debt was $1.34 trillion, up $85 billion, while auto loan debt came in at $1.19 trillion, up $55 billion.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tvdvk/americans_debt_level_notches_a_new_record_high/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191392 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **credit**^#2 **trillion**^#3 **billion**^#4 **card**^#5\""}
{"_id": "329849", "title": "", "text": "\"There are some banks that offer \"\"pot\"\" accounts like this (off the top of my head I think Intelligent Finance does, although they call them \"\"jars\"\").  The other option for charity specifically would be a CAF account:  https://www.cafonline.org/my-personal-giving/plan-your-giving/individual-charity-account.aspx\""}
{"_id": "329899", "title": "", "text": "\"Wow, since I commented the down voters came for you.  Sorry about that.    For the record, I've been through the founding and funding of companies a number of times.  Only once as a cofounder, other times as a hired gun.  My perspective is that you need to go into VC funding with an understanding of what the VC's motivations are and where they are in their funding cycle.  In practical terms, that means that when presented with a 50% chance to get on base or a 2% chance of hitting a home run, they'll take the 2% chance every time.  The base hit is only marginally less expensive for them than complete failure.  Couple that with a few other factors and the set of companies that should take VC money is exceedingly small.  The problems come when companies that are marginal take money.  That's when things go to pot.  Valuations are bad because the company needs the money.  The \"\"Go Big or Go Home\"\" syndrome sets in.  VCs do flyby micromanagement, etc.  In the end, money is spent, when necessitates more being raise, which dilutes everybody.  Then is becomes a slog with no return for the average employee.  One tip:  If you every work for a company that takes a round in convertible debt, get out as fast as you can.  There's nothing there.  What the VCs are doing it trying to keep the company afloat until there's a (low value) sale.  Being convertible debt puts them in a better position for liquidation preference and there's still a small chance they may find a sucker who will pay top dollar.    It's a reasonable and helpful thing for them to do but it means the rank and file (probably including cofounders) are getting squat.\""}
{"_id": "329920", "title": "", "text": "Unfortunately, the thieves don't have to be all that sophisticated to make the money unrecoverable.  What they typically do is open a phony bank account in the name of the victim.  They receive the refund into the fraudulent account, and they immediately withdraw it.  By the time anyone notices that the refund was fraudulent, the thief is long gone, and there is no money in the account to reclaim. It's not just the IRS who gets ripped off this way, by the way.  Thieves use a similar technique to cash stolen credit cards.  The thief will open a phony merchant account and a phony bank account in the victim's name.  They will run the stolen cards on the merchant account and deposit the proceeds in the phony account.  They are able to withdraw the funds before the fraudulent charges are noticed and reversed, and the processing company that the merchant account was opened with ends up eating the loss (or passing it along to their legitimate customers in the form of higher rates). Preventing this kind of fraud has costs.  There are monetary costs associated with putting antifraud measures in place, and there are costs to the customers in the form of having to wait longer for their financial transactions to go through.  Basically, everyone involved (the banks, the IRS, etc.) has to balance the losses against with the costs of preventing them.  When fraud is rare, it's cheaper for them to eat the loss than to prevent it.   If fraud starts to become more common you will see the institutions involved put into place additional checks to prevent improper transfers.  Tax return fraud has become common enough that the IRS has instituted prevention measures such as requiring information from previous year tax returns in order to receive your refund.  If that doesn't curb the problem, then they will probably add more measures, and perhaps they will slow down the payment process.  However, they probably won't ever get the fraud losses down to zero because that would mean both angering taxpayers by delaying refunds and spending more money on fraud prevention than they save in avoided losses."}
{"_id": "329923", "title": "", "text": "What I meant by leverage was not borrowing money in order to buy more. What I am getting at is the purchasing power your dollar has in relation to the number of dollars you have (which may mean using leverage, but not per se)."}
{"_id": "329930", "title": "", "text": "\"I would undoubtedly sell the investments if they are positive, maybe even a little negative.  That's what non-retirement investments are for, building wealth to spend, give, etc. Flipping things may put it in perspective.  Would you borrow money or liquidate your emergency fund in order to invest in mutual funds? If you can completely ignore risk then this MAY make sense. Let's say if you could borrow money at 3.75% and had a \"\"guaranteed\"\" investment return of 7.5% and a \"\"guaranteed\"\" source of income (job). But mutual funds (stocks, bonds) aren't even guaranteed to make money and they most definitely can lose and lose big. Also, I hope your job isn't in any way tied to the oil industry. On the other hand, if you take a loan and fall on hard times you can liquidate your mutual funds to get out of the bind, but you are at the mercy of the market and the worth of your investments at that point.  So it may come down to whether you want to choose when to spend your investments, when they are up or at some future date when they may be worth much less (or much more).\""}
{"_id": "329938", "title": "", "text": "Losing weight requires that you change your eating habits, exercise more, and live a generally healthy lifestyle. A particular weight loss vitamins program can help you lose the initial pounds you need to shed, and give you advice on how to keep them off, but the rest is up to you. Going straight back to your old habits is not going to help you stay in shape, or stay healthy."}
{"_id": "329941", "title": "", "text": "Gwarsh goofy . .what are you talking about now, who is buying US treasuries or what is the National Debt, either way in your fucked up money printing economy where you cant even pay off your student loans or cover your insurance, what to talk of house loans and fancy financial instruments, that were based on those, which went into default and the Fed bought up, that required the Fed to give the banks an unlimited credit line as a back stop.  You see shit head . .all those trillions and trillions of dollars of bad loans and bank bailouts now sits on the Feds balance sheet as $4.5 trillion, leveraged many many many many . . . many  . many times so the banks look like they are capitally adequate on paper.  Thats what it means when you nationalize public debt  Understand shit wit?  Incidentally thats what the Fed is trying to unwind and some fucking moron like you will buy and then go bankrupt and ask for a bailout and get more debt from the Fed.  Its a good thing your generation grew up sucking Chinese toys, the lead in the paint did its job well, otherwise you might have actually learnt something  . .. .Gwarsh!!!"}
{"_id": "329954", "title": "", "text": "After I completed my level 2 last year I did get a promotion to equity analyst.  If you currently do not work within the field get in now, doesn't really matter so much as to what you do but you need some experience and connections.  Good luck on level 2, it is much more difficult than level 1."}
{"_id": "329957", "title": "", "text": "I did just what you suggest. The card company honored the charge, they told me the temporary number was solely for the purpose of assigning a number to one vendor/business. So even though I set a low limit, the number was still active and the card company paid the request. Small price to pay, but it didn't go as I wished.    For this purpose, I've used Visa/Mastercard gift cards. They are often on sale for face value and no additional fees."}
{"_id": "330020", "title": "", "text": "\"If it were me, I would convert it to cash and keep it in a liquid account. The assumption that silver will increase in value is misguided. From 1985 to 2002, it was flat. It's gone up and been far more volatile since then, and there has been significant declines which could eat at the stability of an emergency fund. Precious metals are speculation, not investing. They do not create wealth. Investing is typically considered too volatile for an emergency fund, more so keeping the money in metals. Making it more difficult to get to, like keeping it in a separate account might also fight against frivolous or accidental spending. Also there tends to be high transaction costs when liquidating metals. I found the best way is to use eBay. After some further comments and clarification here I suspect you are dealing with something else. Namely, the \"\"white picket fence\"\". Again, this is supposition, but perhaps she envisions the two of you married and hosting a dinner party using the passed down silver. This could be a strong emotional bond, and as such it could trump the logical arguments. Keeping it as an emergency fund: foolish. You helping her keep it because you are planning a life together: smart.\""}
{"_id": "330023", "title": "", "text": "\"Dollar cost averaging is a fancy name someone came up with to say \"\"Invest all of the time\"\". I would not bother with spreading out purchases. If the market is too expensive right now ...so what? The items you sell will bring top dollar. The fund you buy will cost top dollar. It all evens out.  You could sell your assets and just sit on cash, but that would require knowing when the next market drop is coming..which no one knows. Also, it never really is cash; it goes into a money market fund which is not guaranteed. I would rather own companies(VSTAX) and collect the dividend.\""}
{"_id": "330039", "title": "", "text": "Nah. Problem is employers don't pay enough. People value their time and shouldn't have to be slavishly grateful for every scrap thrown at them.  These people aren't leading 'lucrative' lives. Go to West Virginia and see how lucratively everyone lives"}
{"_id": "330041", "title": "", "text": "\"First, you are not exactly \"\"giving\"\" the brokerage $2000. That money is the margin requirement to protect them in the case the stock price rises. If you short 200 shares as in your example and they are holding $6000 from you then they are protected in the event of the stock price increasing to $30/share. Sometime before it gets there the brokerage will require you to deposit more money or they will cover your position by repurchasing the shares for your account. The way you make money on the short sale is if the stock price declines. It is a buy low sell high idea but in reverse. If you believe that prices are going to drop then you could sell now when it is high and buy back later when it is lower. In your example, you are selling 200 shares at $20 and later, buying those at $19. Thus, your profit is $200, not counting any interest or fees you have paid. It's a bit confusing because you are selling something you'll buy in the future. Selling short is usually considered quite risky as your gain is limited to the amount that you sold at initially (if I sell at $20/share the most I can make is if the stock declines to $0).  Your potential to lose is unlimited in theory. There is no limit to how high the stock could go in theory so I could end up buying it back at an infinitely high price. Neither of these extremes are likely but they do show the limits of your potential gain and loss.  I used $20/share for simplicity assuming you are shorting with a market order vs a limit order. If you are shorting it would be better for you to sell at 20 instead of 19 anyway. If someone says I would like to give you $20 for that item you are selling you aren't likely to tell them \"\"no, I'd really only like $19 for it\"\"\""}
{"_id": "330048", "title": "", "text": "Could you please tell me how the election result undermines my point, that I live a very good life, thanks to social redistribution, which you initially questioned?  Further, Vienna voted completely contrary to the country as a whole. Being one of the cities with the most publicly financed projects for social redistribution (very big point: social housing in order to reduce rental costs).   Seems they are not as unhappy as the people living on the countryside, who fear the dangerous migrants (fun fact, most foreigners in Austria live in Vienna, those who voted least for the anti-migrant parties...)  Another fun fact - Vienna has been voted [8 years in a row for the city with the highest quality of life](https://www.forbes.com/sites/civicnation/2017/10/12/a-catamount-post-mortem-what-does-it-actually-take-to-engage-students/#14ba4c061f3b). A city with a social democrat/environmentalist government for years. Doesn't seem to be that bad huh?"}
{"_id": "330049", "title": "", "text": "I am like you with not acknowledging balances in my accounts, so I pay my credit card early and often.  Much more than once a month.  With my banks bill pay, I can send money to the credit card for free and at any time.   I pay it every two weeks (when I get paid), and I will put other extra payments on there if I bought a large item.  It helps me keep my balances based in reality in Quicken. For example, I saved the cash for my trip, put the trip on my credit card, then paid it all off the day after I got home.  I used the card because I didn't want to carry the cash, I wanted the rewards cash back, I wanted the automatic protection on the car rental, and I couldn't pay for a hotel with cash. There are many good reasons to use credit cards, but only if you can avoid carrying a balance."}
{"_id": "330058", "title": "", "text": "I would definitely be putting in enough to get the most out of the match.  Only reasons I can think of not too would be: Other than that, not investing in the 401(k) is turning down free money. Edit based on feedback in comments. The only time I would advocate number 1 is if you are intensely committed to getting out of debt, were on a very tight budget and had eliminated all non-essential spending. In that situation only, I think the mental benefit of having that last debt paid off would be worth more than a few dollars in interest."}
{"_id": "330098", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://ngdp-advisers.com/2017/09/14/thinking-constrained-phillips-box-get-nightmarish-solutions/) reduced by 75%. (I'm a bot) ***** &gt; Grep Ip has an article: The Fed&amp;#039;s Bad Options for Addressing Too-Low Inflation in which he argues that what looks like a dream economy could be a nightmare for the Fed&amp;acute;s chairwoman.  &gt; The reason being that, according to the Fed&amp;acute;s Phillips Curve precepts to which the Fed subscribes, when unemployment is this low inflation should move up to the Fed&amp;acute;s 2% target.  &gt; Just as it reaped rising inflation by producing a rising NGDP growth trend, lowered inflation by producing a falling NGDP growth trend and kept inflation &amp;quot;On trend&amp;quot; by producing a stable NGDP growth trend, it can raise the level of the stable NGDP growth trend, which it stopped doing in 2010.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70qy24/the_dangers_of_phillips_curve_thinking/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211779 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Inflation**^#1 **Fed**^#2 **growth**^#3 **trend**^#4 **recession**^#5\""}
{"_id": "330108", "title": "", "text": "\"1. (a) \"\"The Economic Aspects of Human and Child Sacrifice\"\" by Peter Rwagara Atekyereza, Justin Ayebare, and Paul Bukuluki, published in 2014: #2c at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbob0j2      (b) \"\"Miners' magic: artisanal mining, the albino fetish and murder in Tanzania\"\" by Deborah Fahy Bryceson, Jesper Bosse J\u00f8nsson, and Richard Sherrington, published in 2010: #9 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbwig0v      (c) \"\"Save our skins: Structural adjustment, morality and the occult in Tanzania\"\" by Todd Sanders, published in 2001: http://www.academia.edu/10412589      Source For #1 + Much More: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006   2. Human sacrifice, human mutilation, body parts, abductions, magic, occult, witchcraft, muti, muthi, Africa: #6 at https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/d1tje65      Source + Much More: https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z  3. \"\"The Rise of the Modern Charismatic Movement\"\" from the chapter \"\"Christian Magic and Diabolical Medicine\"\" in the book \"\"Raising the Devil: Satanism, New Religions, and the Media\"\" by Bill Ellis, published in 2000: #2b at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbob0j2      Source: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006  4. Science, sorcery, occult rituals, magic, MKULTRA, United States of America (USA): #2 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dfauxj7      Source: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006  5. \"\"The Believers: Cult Murders in Mexico\"\" by Guy Garcia, published on 29 June 1989 -- \"\"They thought their rituals of human sacrifice would make them invincible. In the end, a much stronger force prevailed.\"\": https://www.reddit.com/r/worldpolitics/comments/5q3ylf/the_believers_cult_murders_in_mexico_by_guy/dcw2kbh  6. https://www.reddit.com/r/worldpolitics/comments/721cjo/before_trying_to_cow_north_korea_with_military/dnez5oo\""}
{"_id": "330116", "title": "", "text": "You\u2019ve lost a tooth, or perhaps several. Chewing is difficult and smiling, well it\u2019s too embarrassing. There is no question that the quality of your life has changed. Dental implants are the solution to renewing your smile, your chewing ability and quite frankly your quality of life."}
{"_id": "330149", "title": "", "text": "Raffaele Tognacca, \u00e8 possibile ottenere soluzioni complete e avanzate. Abbiamo havebeen questo business per i lunghi anni passati e impegnati due servono vari organisasjoner appartengono due il settore energetico o Brasile Energia Rinnovabile. La nostra azienda uccidere un team di professionisti qualificati ed esperti. Tutti i nostri professionisti sono dedicati verso lavoro Sina e commesso due servire i clienti con servizi inclusi."}
{"_id": "330169", "title": "", "text": "Yeah, except I, as a tax payer who earns much less, pay for the salaries of these type of people.  And my local taxes on my house and everything up go more than inflation or my salary increase % every year.  I'm a trained engineer who worked hard for his degree and I don't even get this cop's normal salary (which is half the $221k).  I imagine becoming a bridge policeman is less taxing mentally and less challenging overall.  This money to pay public officials doesn't come from thin air."}
{"_id": "330170", "title": "", "text": "I like both. As a kid, the Bass pro catalogs were just as worn out as the Playboy magazines. Now that I can buy online, it is even better. I can't keep myself from going into a Bass pro every chance I get, and they're prices have almost eliminated the smaller shops which don't really have a place  in the retail market anymore, expect for conveincece with their other services like equipment repairs, taxidermy, fresh bait, local guides, and equipment rentals."}
{"_id": "330177", "title": "", "text": "Taxes and exemptions &amp; credits from tax exist is to encourage behavior that the government wants to promote. National and international corporate taxation is this case encourages putting capital under a mattress. By setting up a system encouraging hoarding of capital, the national and international taxing regimes fail us."}
{"_id": "330212", "title": "", "text": "The U.S. Minimum wage purchasing power peaked in 1968 with $8.68 (in 2016 dollars)...   Why are people advocating almost double? From what it sounds like...   Nobody has ever been able to rent a 2 bedroom apartment for minimum wage... Anywhere in the United States... EVER..."}
{"_id": "330223", "title": "", "text": "I'd get rid of the debt with the stock money.  Stocks are at a high for the year.  Get out while the getting's good and get your financial house in order."}
{"_id": "330229", "title": "", "text": "\"I second DJClayworth's suggestion to wait and save a larger down-payment.  I'll also add: It looks like you neglected to consider CMHC insurance in your calculation.  When you buy your first home with less than 20% down, the bank will require you to insure the mortgage. CMHC insurance protects the bank if you default \u2013 it does not protect you.  But such insurance does make a bank feel better about lending money to people it otherwise wouldn't take a chance on. The kicker is you would be responsible for paying the CMHC insurance that's protecting the bank.  The premium is usually added on to the amount borrowed, since a buyer requiring CMHC insurance doesn't, by definition, have enough money up front.  The standard CMHC premium for a mortgage with 5% down, or as they would say a \"\"95% Loan-to-Value ratio\"\" is 2.75%.  Refer to CMHC's table of premiums here. So, if you had a down-payment of $17,000 to borrow a remaining $323,000 from the bank to buy a $340,000 property, the money you owe the bank would be $331,883 due to the added 2.75% CMHC insurance premium. This added $8883, plus interest, obviously makes the case for buying less compelling.  Then, are there other closing costs that haven't been fully considered? One more thing I ought to mention: Have you considered saving a larger down-payment by using an RRSP?  There's a significant advantage doing it that way: You can save pre-tax dollars for your down-payment. When it comes time to buy, you'd take advantage of the Home Buyer's Plan (HBP) and get a tax-free loan of your own money from your RRSP. You'd have 15 years to put the money back into your RRSP. Last, after saving a larger downpayment, if you're lucky you may find houses not as expensive when you're ready to buy.  I acknowledge this is a speculative statement, and there's a chance houses may actually be more expensive, but there is mounting evidence and opinion that real estate is currently over-valued in Canada.  Read here, here, and here.\""}
{"_id": "330237", "title": "", "text": "My memory served me correctly. I remember this because it was on my Series 7, so that link is misleading if you are studying for the 7. Here is the exception:  &gt; Transactions to Which the Rule is Not Applicable (Proposed FINRA Rule 2121(d)) Consistent with the initial proposal, FINRA Rule 2121(d) provides that FINRA Rule 2121 is not applicable to: (1) **the sale of securities where a prospectus** or offering circular must be delivered and the securities are sold at the specific public offering price, based on NASD IM-2440-1(d); and (2) a transaction in a non-investment grade debt security with a QIB that meets the conditions set forth in proposed FINRA Rule 2122(b)(9), which is described below.  If you're studying for the 7, you will know that every mutual fund sale requires the delivery of a prospectus."}
{"_id": "330242", "title": "", "text": "This is the point of the article. Somehow a company which is so successful has, for tax purposes, such a razor thin margin. So their taxation clearly isn't in keeping with its actual ability to pay, passing along the burden to other businesses and individuals."}
{"_id": "330255", "title": "", "text": "\"I have a short list of charities that I support, so it's relatively easy for me to say \"\"I'm sorry, all my donations go to _.\"\" I do all my donations online, as well, so keeping receipts is very easy.\""}
{"_id": "330269", "title": "", "text": "Ah, I did some more research and apparently Rental Income is considered Passive Income, and as such the IRS does not allow a net loss to exist, but you can carry the loss over into the next year. https://www.irs.gov/taxtopics/tc425.html Generally, losses from passive activities that exceed the income from passive activities are disallowed for the current year. You can carry forward disallowed passive losses to the next taxable year. A similar rule applies to credits from passive activities. So in the event in a loss on my rental business activity, I simply pay no tax on it, and deduct the remainder in income in 2017 from taxes. I don't make any changes to my Consulting income at all."}
{"_id": "330270", "title": "", "text": "Two measurements, one at the beginning of the term one at the end. Fixed effects regression.  Reward teachers based on how much they improved weak students and kept strong students smart. Bam.  Of course it's not nearly that easy, but it isn't as big a problem as you're making it seem."}
{"_id": "330276", "title": "", "text": "I found additional evidence on TDAmeritrade's website that helps confirm that the 3/17/11 prices Jason found are the ones to use since all three were traded on that day.  Although GM+A had prices and trading as early as 2/28/11, GM+B's price and trading shows up no earlier than 3/14/11, but there was no trading indicated for GM+A on 3/14 so 3/14 can't be used.  The two warrants were not traded every day after they came out. The next date that I found when all three, GM, GM+A and GM+B had trades was 4/11/11.  I found Google and Yahoo Finance unable to produce the historical prices for the warrants that far back.  Unfortunately, you need to be a TDA accountholder in order to access TDA's historical price information for stocks."}
{"_id": "330279", "title": "", "text": "\"It's true. This statement on my about page is toooootally ambiguous:   \"\"Freckle Time Tracking, subscription web-based time tracker for freelancers &amp; small teams\"\"  What is it? TRAINING MATERIALS? Whom for!? ZOMG NO INFORMATION DOES NOT COMPUTE ERROR ERROR *sizzle*.\""}
{"_id": "330288", "title": "", "text": "I must say that this is a question that you should hire a professional tax adviser (EA/CPA licensed in your State) to answer. It is way above our amateurs' pay-grade. That said, I'll tell you what I personally think on the issue. I'm not a licensed tax adviser, and nothing that I write here can be used in any way as a justification for any action. Read the full disclaimer in my profile. I believe you're right to treat those as assets. You bought them as an investment, and you intend to sell them for profit. Here the good news for you end. As we decided to define the domains as an asset, we need to decide what type of asset it is. I believe you're holding a Sec. 197 asset. This is because domain is essentially akin to franchise and trademark, and as such falls under the Sec. 197 definition. That means that your amortization period is 15 years. Your expenses related to these domains should also be amortized, on the same schedule. When you sell a domain, you can deduct the portion that you have not yet deducted from the amortization schedule from your proceeds. Keep in mind passive loss limitations, since losses from assets held as investment cannot offset Schedule C income."}
{"_id": "330293", "title": "", "text": "No joke, I once saw a guy on 29th st in Manhattan between 5th and Madison (right in front of that really old little church) next to his big Poland Spring truck, filling up the blue water cooler bottles with a fucking hose.  I thought about snapping a pic and going viral, but I figured it was unlikely that this guy would intentionally be risking his job to save Nestle a few cents, and he probably got told to do it."}
{"_id": "330297", "title": "", "text": "I agree. Amazon hires more retail employees and factory workers than the others so the Glassdoor comparison isn't as valid.  But if I'm looking for work and I get an offer at Amazon and at Facebook, all other things being equal, all the evidence points to Facebook being a better choice. Amazon will need to pay more to attract employees."}
{"_id": "330299", "title": "", "text": "I would say the most challenging fact for this assertion is that HFT firms operate with extremely limited capital bases. For a stock with say 10m shares ADV, even a very large and successful HFT strategy might use a position limit of no more than 5000 shares.  That is to say if you sum up and net the buys and sells for a stock across the day the HFT firm will never exceed 10,000 shares (2x position limits assuming it completely flipped) on a stock that trades 10,000,000 shares on a given day. The high volumes are attained through high turnover, the strategy might trade up to 500,000 shares (or 5% of the volume) attaining a 50x turnover.  But that brings me back to the original point. In the market microstructure literature market impact generally has been found to scale linearly or even sub-linearly for net volume executed.   If I alternate between thousands of 1 lot buy and sell orders, it would be very difficult for me to move the market because the market impact of every one of my buy orders roughly cancels the market impact of my almost exactly equal number of sell orders.   There might be a higher-order mechanism at work, but I'm genuinely curious what you think it might be. How could strategies that attain such small net positions have such out-sized impact on market direction?"}
{"_id": "330303", "title": "", "text": "There are two main ways you can make money through shares: through dividends and through capital gains. If the company is performing well and increasing profits year after year, its Net Worth will increase, and if the company continues to beat expectations, then over the long term the share price will follow and increase as well. On the other hand, if the company performs poorly, has a lot of debt and is losing money, it may well stop paying dividends. There will be more demand for stocks that perform well than those that perform badly, thus driving the share price of these stocks up even if they don't pay out dividends. There are many market participants that will use different information to make their decisions to buy or sell a particular stock. Some will be long term buy and hold, others will be day traders, and there is everything in between. Some will use fundamentals to make their decisions, others will use charts and technicals, some will use a combination, and others will use completely different information and methods. These different market participants will create demand at various times, thus driving the share price of good companies up over time. The annual returns from dividends are often between 1% and 6%, and, in some cases, up to 10%. However, annual returns from capital gains can be 20%, 50%, 100% or more. That is the main reason why people still buy stocks that pay no dividends. It is my reason for buying them too."}
{"_id": "330305", "title": "", "text": "&gt;That stranglehold is because of the small margins in the business.   &gt;The medallion owners love it because they're sitting on upwards of $500k asset in some cities.  Um... The medallions are selling for hundreds of thousands of dollars. That's proof right there that the business is extremely profitable. If the business wasn't profitable then the medallions would be worthless"}
{"_id": "330371", "title": "", "text": "No it wont. Almost everything that can be automated already has. Things that havent been automated  that involve any human level of decision making wont be automated for a very long time. Engineers cant even reliably get a robot to recognize an object like a chair."}
{"_id": "330378", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://minneapolisfed.org/publications/the-region/interview-with-lawrence-katz) reduced by 99%. (I'm a bot) ***** &gt; It&amp;#039;s very much linked up to the Minneapolis Fed work on inclusive growth and working regionally.  &gt; That&amp;#039;s something we&amp;#039;re trying to work out with Minneapolis too.  &gt; There&amp;#039;s an amazing group of scholars within the Federal Reserve System, and having one place that both publicizes and integrates all the work being done on the wide range of issues related to inequality, labor markets and housing markets that link up with the financial system is very important.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72tcp3/interview_with_lawrence_katz_harvard_economist_on/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~217563 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **more**^#2 **labor**^#3 **much**^#4 **firm**^#5\""}
{"_id": "330379", "title": "", "text": "\"Oracle is the most prevalent software in the Banking and financial system, if not  in the front end then on the back end. Oracle has made so much profit for the financial sector that they ended up acquiring SUN systems and now bundle their own hardware along with their software and databases.  There is perhaps not a single bank in the world that does not use oracle in some form or another, be it AML, MIS, ERP or Core banking.  It remains a mystery to me how the Heads of Banking and the Fed can sit in front of the senate banking committee and when asked \"\" What is your exposure?\"\"  Their response was \"\"I don't know!!!\"\"  Bankers are dumb by their very nature and cultivated to look the other way, but even for them and their corrupt single digit IQ, I think Oracle must really suck as a database if they could not run a simple sum query.  Conclusion : Oracle colluded in the 2007 financial crisis and sucks as a database and financial system\""}
{"_id": "330382", "title": "", "text": "nasty stuff = if used properly, it works (usually)  at the same time, uhm.... how can you expect ANY effective herbicide to work selectively without some selective impact on humanity? Hell, general effective herbicides (agent orange) tend to be detrimental to all life in sufficient dosages (also kill the plants you want to protect)... and ineffective herbicides (in most cases) still cause problems (vinegar a common alternative).  Granted I don't mind vinegar - then again, no ulcers or other gastric issues so far."}
{"_id": "330404", "title": "", "text": "Ace Blacktop the premier Asphalt Driveway Paving company in MN. The Low Cost Leader with Free Asphalt Paving estimates.Ace has worked on everything from residential driveways, and parking lots, to some of the largest road projects in the state.  In Ace's 45 years in business they have laid over 15,000 residential driveways.Our Driveway systems are designed to make things simple, easy to maintain and cost effective."}
{"_id": "330412", "title": "", "text": "Honesty only survives with a single man's capital. When the capital belongs to more than 1 person, the shareholders demand profits, not good vibes.  Every lost opportunity to extract a dollar is a dollar lost. That's what shareholders think, and that's why employees get paid like shit, no matter how well a company does."}
{"_id": "330417", "title": "", "text": "\"Hello! I am working on a project where I am trying to determine the profit made by a vendor if they hold our funds for 5 days in order to collect the interest on those funds during that period before paying a third party.  Currently I am doing \"\"Amount x(Fed Funds Rate/365)x5\"\" but my output seems too low. Any advice?\""}
{"_id": "330418", "title": "", "text": "\"WOW.  So much for \"\"Do No Evil\"\" huh?  It's this stuff that has convinced me that everyone should be boycotting google, that we should not refer to \"\"alphabet\"\" by that name but instead just call it Google. That way we can prevent them from hiding from their crimes. They wanted to own \"\"search\"\" and when they couldn't have that they decided to try and purchase \"\"alphabet\"\" and we shouldn't let them have that either. Really who do they think they are?\""}
{"_id": "330435", "title": "", "text": "&gt; seemed a step down from her old vice-president post at Primerica Inc. (PRI)  Wow, she's kidding right?   Being a vice president at Primerica is like being CEO at your 1 person realty office or being a door to door Avon lady CEO."}
{"_id": "330451", "title": "", "text": "I think you should read the description of places you're going to rent first, to see who's hosting.  Families will usually say how many peoplec there are, and a lot will keep to themselves  If anything, you're too socially retarded to tell them you prefer privacy"}
{"_id": "330453", "title": "", "text": "\"If you're looking to generate your own charts, you can get up-to-date TSP fund share prices in a Google Docs spreadsheet by \"\"scraping\"\" the data from the HTML of certain TSP webpages. You'll need to do this because the GoogleFinance function does not recognize \"\"private\"\" funds or collective trusts like those of the TSP. See this thread for tips: Bogleheads \u2022 View topic - GoogleFinance price quotes for TSP Funds\""}
{"_id": "330476", "title": "", "text": "The LLC can be formed within just 24 hrs from the time of submitting of the form. It mainly includes all the business presence packages which is very much important for doing Incorporating your business so that the business can able to setup and startup very easily and quickly. It also help in protecting the assests and other liabilities that are the part of the Delaware llc."}
{"_id": "330505", "title": "", "text": "\"It's one thing to piss off a few million \"\"regular\"\" people.   Piss off a couple thousand rich people and you're in real trouble.   Just imagine if there are any politician's details in that high income mix?  What if there's information that's on that CD that isn't in their financial disclosure?  ----  Side note:   People still use CDs?\""}
{"_id": "330507", "title": "", "text": "You've already done everything I would suggest: Contact the collections agency, being careful in what personal information you provide. Check all three of your credit reports, for any trace of incorrect information. At this point, since you've confirmed that the social security number that the collections agency has does not match yours, and you've confirmed that you have nothing in your credit report about this debt, I don't think you need to worry about it. Collections agencies employ a number of tactics to try to collect on bad debt.  The first dilemma they have is finding the debtor.  Sometimes this is easier than other times.  In this case, they obviously don't know where this person is, so they just started contacting people that have the same name as the debtor, hoping that they will get lucky.  Intimidation is a major collections agency tactic, so I'm sure the letter you got was strongly worded. Your phone call to them may or may not have convinced them that they have the wrong person.  (Believe it or not, people sometimes lie to collections agencies.)  So the biggest thing you may have to deal with is continued harassment by the agency.  If they think you are lying to them, you can expect more phone calls and more harassment. The FTC has a FAQ page about debt collection.  If you hear from them again, don't fall for any intimidation tactics that they might say to you.  Just tell them not to contact you again, and report them if they do.  They will eventually get the message and go away."}
{"_id": "330528", "title": "", "text": "Wow, thanks for the advice. I really appreciate you taking the time to write all this out.  Also, thanks for the project idea. Often times I want to get better at something but I don't have an idea of what I want to do. That sounds perfect."}
{"_id": "330533", "title": "", "text": "There is a positive not being mentioned above: the depreciation vs your regular earned income. Disclaimer: I am not a tax attorney or an accountant, nor do I play one on the internet. I am however a landlord. With that important caveat out of the way: Rental properties (and improvements to them) depreciate in value on a well-defined schedule. You can claim that depreciation as a phantom loss to lower the amount of your taxable regular income. If you make a substantial amount of the latter, it can be a huge boon in the first few years you own the property. You can claim the depreciation as if the property were new. So take the advice of a random stranger on the internet to your accountant/attorney and see how much it helps you."}
{"_id": "330534", "title": "", "text": "For all practical purposes the words mean the same thing.  Shares are just stock in a particular company whereas stock can refer to shares over many companies. Investopedia has a good explaination. If you are a financial journalist you might want to make sure you are using the right term at the right time, but otherwise they are synonyms."}
{"_id": "330561", "title": "", "text": "You got that from CNBC's interview with Daryl Issa, the only person who is claiming this to be the the truth, and interestingly enough, the congressman who most wants to privatize the post office, and also the only one who is holding up reform of this insane 2006 law.  It's great that you believe the one person who is pushing this the most as fact, but there's not much else to support that evidence other than Issa himself.   [Issa holding up reform]( http://www.prnewswire.com/news-releases/issa-blocks-fix-of-post-office-pension-prepay-time-bomb-says-robert-weiner-former-spokesman-for-us-house-govt-reform-comm-bipartisan-bill-has-229-sponsors-but-chairman-issa-pushes-privatization-159224595.html)  [Politifact rates it half true, because the pension law is true, but leaving out the fact that declining revenues in the future is also a problem, but again, the prefunded pension is rated TRUE]( http://www.politifact.com/truth-o-meter/statements/2011/sep/29/save-americas-postal-service/ad-save-americas-postal-service-claims-rule-congre/)  [Time](http://business.time.com/2013/02/07/how-healthcare-expenses-cost-us-saturday-postal-delivery/)  [NYT]( http://mobile.nytimes.com/2012/07/31/opinion/nocera-its-d-day-for-the-post-office.html?_r=0)  [PBS]( http://www.pbs.org/wnet/need-to-know/five-things/the-u-s-postal-service/11433/)"}
{"_id": "330588", "title": "", "text": "I could see it being upper-middle class for families that make $100k a year or a little more, but not individuals. An individual making $100k a year has a lot of extra money if they don't blow it on stupid crap.  That also probably depends on where you live. The Uber driver in the article lives in San Francisco. Cost of living is huge there, so I'd say that a family making $100k a year there is definitely middle class."}
{"_id": "330622", "title": "", "text": "Delaware LLC requires that each business entity have and hold an enterprise Registered in the State of Delaware who can be both a character resident or enterprise entity this is legal to do business in the  Wilmington, Delaware. the Delaware LLC has offered the same asset protections and tax advantages that a corporation offers. Often the LLC is the simpler, more flexible choice for small businesses. This small amount of required information not only makes it easy to start an LLC in Delaware, but it also helps to keep your identity and personal information secure."}
{"_id": "330628", "title": "", "text": "And at&amp;t's deal with them looks more lucrative now, yet both stocks haven't seen the boost others have been having from positive financials above prediction.  One hypothesis is that people still just don't trust old school tv anymore since everything is moving to the web. What do you guys think?"}
{"_id": "330630", "title": "", "text": "\"Although they may have some similar functions, CPAs and Enrolled Agents operate in two rather different areas of the accounting \"\"space.\"\" CPAs deal with financial statements, usually of corporations. They're the people you want to go to if you are making an investment, or if you own your own business, and need statements of pretax profit and loss prepared. Although a few of them are competent in taxation, the one thing many of them are weak at is tax rules, and this is where enrolled agents come in. Enrolled agents are more concerned with personal tax liability. They can 1) calculate your income taxes, and 2) represent you in hearings with the IRS because they've taken courses with IRS agents, and are considered by them to be almost \"\"one of us.\"\" Many enrolled agents are former IRS agents, actually. But they are less involved with corporate accounting, including things that might be of interest to stock holders. That's the CPA's province.\""}
{"_id": "330633", "title": "", "text": "\"Whiskey River is a sweet, Southern delight with an \"\"intoxicating\"\" blend of Tennessee whiskey and a touch of caramel so you don\u2019t smell like a drunk. It\u2019s as smooth as Tennessee whiskey, as sweet as strawberry wine, and as warm as a glass of brandy. This is a sweet southern scent blend of an intoxicating blend of Beard Oil Whiskey River and a touch of caramel. Products of envyzen are genuine with return and refund policy, Whiskey River is one of our amazing scents. This is a sweet southern scent blend of an intoxicating blend of Tennessee whiskey and a touch of caramel.\""}
{"_id": "330634", "title": "", "text": "\"No, an entrepreneur actually adds value, whereas stock ownership does not. Buying stocks is akin to gambling, except with different rules and an average positive return over time, whereas normal casino gambling always has a net negative result on average.  To put it shortly:  If it doesn't make a difference whether its you or John from across the corner doing the action, then its basically a speculation with \"\"investment\"\" as an alias. You're merely the purse.  If you are involved in the running of the project, taking decisions, organizing, putting your time and creativity in, then you're an entrepreneur.  In this case, its clear to see that different persons will have different results, so they matter as persons and not just as purses.  Note that if you buy enough stock to actually have a say in the running of the company, then you're crossing the threshold there.\""}
{"_id": "330645", "title": "", "text": "\"Yea but they might feel swindled and that you pulled a fast one on them, and not be as willing to give you good deals in the future.   Like, as a totally non mathematical example, they have a car for $50k. They lower the price to 40k with a financing that will bring total payment to 60k. Their break even on that car is let's say 45k. The financier cuts them a commission on expected profits, of maybe 7k? They made an expected 2k on the car. But if you pay it all off asap, they may lose that commission, be 5k in the hole on the sale, and pretty upset. Even more upset if they finance in house.   So when you go back to buy another car they'll say \"\"fuck this guy, we need to recoup past lost profits, don't go below 4K above break even.\"\"   I'm not really 100% on how financing workings when it comes to cars but from my background in sales this is the bar I would set for a customer that made me take a loss by doing business with them if they tried to come back in the future.  This doesn't take into account how car dealerships don't own their inventory, finance all of their cars and actually ARE willing to take a loss on a car just to get it off the lot some times.\""}
{"_id": "330649", "title": "", "text": "Actually, the logical conclusion is that, if airlines are unable to pay workers acceptable wages and remain profitable, they should be allowed to fail.   But that isn't acceptable because we need air travel.   Deregulating labour markets definitely isn't going to improve the plight of millions of workers. It might improve the plight of some shareholders though."}
{"_id": "330656", "title": "", "text": "Amazon and the big guys are safe from being broken up.  They haven\u2019t harmed consumers yet. Their prices are fair, at or below market rates, favorable terms like for shipping etc.  So yes they have or are creating a monopoly with out harm, the government won\u2019t act. too big to fail is not a crime.  The Sherman act used to be about protecting competition, they have focused lately instead on protecting the consumer.  That is why you have what we have in the US Markets,   https://www.theatlantic.com/magazine/archive/2016/10/americas-monopoly-problem/497549/"}
{"_id": "330665", "title": "", "text": "Government subsidies could be provided if we could all agree what activities are of higher social worth, this is not an insurmountable obstacle.  For example, in Hong Kong and Singapore civil servants are paid vastly more than in the US. The reasons are that society wants to attract some of its best people to serve in these positions, and they want to insulate them from the temptation of corruption. In effect, these positions are considered to be of high social worth and society rewards them accordingly.   Also note that HK and Singapore have even freer capitalist market societies than the US (speaking of economic freedom here)..."}
{"_id": "330674", "title": "", "text": "I think that journalism is going to have to shift to a more scientific based reporting standard to regain credibility. Data driven reporting, with explained methodology for collection and vetting the data; adversarial review of methods and conclusions; greater emphasis on accuracy rather than speed of delivery. I would happily pay for that service. I think the days of good faith trust in journalism as an institution and best practices are gone."}
{"_id": "330683", "title": "", "text": "I've had a small forex investment in the AUDUSD since Oct of 2010 at 50:1 leverage, and have more than doubled my investment on the swap alone.  Granted this is high risk with virtually every guarantee that it will fail *eventually*, but the AUD hasn't dropped at anytime during this trade enough to stop me out so far.  With a higher interest rate, there's a natural scarcity in the AUD, especially when compared to the USD.  Unless there's another crash like 2008, Asian trading with Aus significantly weakens, or the RBA screws the pooch, the AUD doesn't have many factors with a high probability for devastating impact on the currency."}
{"_id": "330689", "title": "", "text": "The biggest problem is what happens when you make a withdrawal if an emergency occurs. If the money was a contribution from a past year, you will not be able to put those funds back into the fund until a later date. Assume the following scenario: The limits regarding maximum annual contribution and windows when you can contribute make this an inefficient way to operate the emergency fund/retirement fund.  Retirement and emergency funds are both important. Don't co-mingle them, it leads to double counting the money when you guesstimate where you are regarding your financial goals."}
{"_id": "330693", "title": "", "text": "For the first few minutes, I thought it was just for that commercial they were making. Like, it was airing during a sitcom or something, and then they'd cut away to the shop and it would be normal.  But no. Terrible laugh track forever. On Netflix. WTF"}
{"_id": "330694", "title": "", "text": "Depends on how you look at it. If it's a flaw in the specific methodology needed to count Twitter users, and if that flaw caused duplicate counts of some segments (or failure to remove duplicate instances if you prefer that), it could cause consistent overstatement.  With that said, I'm sure they did it on purpose"}
{"_id": "330711", "title": "", "text": "Great, thank you very much! I guess I will just do my 7/66 first and then worry about the others (CFP or CFA) later if I really want to get them. I just wanted to make sure I wasn\u2019t doing something I didn\u2019t *really* need to do."}
{"_id": "330729", "title": "", "text": "Any ETF has expenses, including fees, and those are taken out of the assets of the fund as spelled out in the prospectus.  Typically a fund has dividend income from its holdings, and it deducts the expenses from the that income, and only the net dividend is passed through to the ETF holder.   In the case of QQQ, it certainly will have dividend income as it approximates a large stock index.  The prospectus shows that it will adjust daily the reported Net Asset Value (NAV) to reflect accrued expenses, and the cash to pay them will come from the dividend cash.  (If the dividend does not cover the expenses, the NAV will decline away from the modeled index.) Note that the NAV is not the ETF price found on the exchange, but is the underlying value.  The price tends to track the NAV fairly closely, both because investors don't want to overpay for an ETF or get less than it is worth, and also because large institutions may buy or redeem a large block of shares (to profit) when the price is out of line.  This will bring the price closer to that of the underlying asset (e.g. the NASDAQ 100 for QQQ) which is reflected by the NAV."}
{"_id": "330743", "title": "", "text": "There are fund of funds,e.g. life cycle funds or target retirement funds, that could cover a lot of these with an initial investment that one could invest into for a few years and then after building up a balance large enough, then it may make sense to switch to having more control."}
{"_id": "330755", "title": "", "text": "\"As a rule, if you will, recruiting is broken down into \"\"targets\"\", \"\"semi-targets\"\", and \"\"non-targets\"\".  A target school is one where almost all bulge bracket investment banks recruit heavily, semi-targets are where some recruit, and non-targets are where almost none recruit. This isn't an end-all-be-all, because many middle market and boutique banks recruit at a wide variety of schools, but use this as a guide essentially.  **Targets**: Harvard, Wharton, Princeton, MIT, Duke, NYU, Stanford, Columbia, Yale, Brown, Dartmouth, Cornell, Chicago, UC-Berkeley, and other top schools I might've left out (Amherst or other good liberal arts schools, I'm less familiar here)  **Semi-Targets**: Vanderbilt, UNC Chapel Hill, Duke, Notre Dame, Emory, Michigan, Indiana, Texas, etc. (think great state schools)  **Non-Targets**: You get the picture. Less recruiting here, but some might still get recruited at.   As far as programs go, Economics, Finance, Engineering, Physics-it could be a million things. What matters is that the degree is at least somewhat challenging and you show an interest in finance.\""}
{"_id": "330758", "title": "", "text": "Nearly $1.0M sounds like a lot if you're installing furnaces or fixing cars, but how does the salary for the CEO of PBS compare to other broadcasters? [According to Wikipedia, the CEO of CBS made $69.9M in 2011.](http://en.wikipedia.org/wiki/Leslie_Moonves)  I think that a salary of 1.4% of a comparable peer would have made an interesting fact for this article, but nothing of the sort is provided.   The author clearly has a bias - Romney spin-doctoring. Not worth the read."}
{"_id": "330762", "title": "", "text": "\"hahaha. Will you just come out and say that you're rallying against the Jews? Why do you have to keep saying \"\"Globalists\"\" and naming as many \"\"___berg\"\" names as you can think of? This is fucking gold, and the fact that you're on the side of Pink Slime\u2122 makes it even better.  &gt;redditor for 27 days to post on The_Donald  Color me SHOCKED\""}
{"_id": "330783", "title": "", "text": "\"&gt; ...a marketing guy who as a teenager invented a color cathode ray tube design that almost beat Sony to a patent on the Trinitron display  Or so the entirely unsubstantiated urban myth claims.  Except it really doesn't hold any water at all... Sculley was born in 1939.   First of all there was a whole host of patents underlying Sony's Trinitron -- the early ones were applied for by Physicist E.O. Lawrence in circa 1960 (when Sculley would have been 21) -- and which Sony then bought from Lawrence in circa 1966 (Sculley aged 27), when Sony really began developing a practical version of what finally became the \"\"Trinitron\"\" display, which they then filed multiple other patents on starting in circa 1967 (by which time Sculley would have been 28+ and by which time he was already out of college -- Bachelor's AND an MBA -- and working for Pepsi). And moreover there is no way that Sculley would have known about Sony's patent application until after it was issued (which I believe was in circa 1970, by which time Sculley would have been 30+ years old).  -- BTW [Source for Sony history.](http://spectrum.ieee.org/tech-talk/semiconductors/devices/sony_pulls_plug_on_historic_tr)  And if you go with the OTHER version of this story -- that it wasn't a \"\"Trinitron\"\" but rather the ORIGINAL \"\"Color TV\"\" idea... well, then it becomes even LESS plausible... since [Baird first had a working CRT based electric/electronic Color television in 1939, patented a refined version in 1941, and public demonstrated it in the fall of 1944](http://en.wikipedia.org/wiki/John_Logie_Baird#cite_ref-26) (when Sculley would have been aged &lt; 1 year, 2 years old, and 5 years old respectively).    And of course [the FCC was already reviewing prototypes of the CBS, RCA and CTI color TV systems in August of 1939](http://www.criticalpast.com/video/65675075009_color-television-broadcast_Columbia-Broadcasting-Systems_Color-Television-Monitor-Tube) (when Sculley would have been age 10).  So, about the only semi-plausible color-TV would be the models that were commercially introduced when Sculley *was* actually a teenager -- either the Westingouse H840CK15, or [the more well known RCA CT-100, both of which started *selling* (at retail stores) in the spring of 1954](http://i.kinja-img.com/gawker-media/image/upload/17m7kyhqjcm7ljpg.jpg) (the year when Sculley would have *just* turned 15 in April) -- but which BOTH had rather obviously been in development (and having patents filed) and preproduction planning for several years prior (according to RCA filing &amp; licensing patents since 1946)... in other words, long before Sculley had reached an age that can plausibly be called a \"\"teenager\"\".  Pretty much like the rest of Sculley's claims regarding his \"\"technology ideas\"\" and inventions -- it's all retconned bullshit that was come up with during/after his time at Apple in order to make him look/sound like someone *other* than a \"\"carmel-colored sugar-water marketing guy\"\".  At best... he maybe had a \"\"crude idea\"\" for a \"\"color TV tube\"\" -- probably after reading some magazine article on how a plain CRT works -- and (maybe) there is even some kernal of truth to the fact that his dad (not a technical guy either) thought it had enough possible merit to warrant visiting a patent attorney... who probably (wisely) informed dear old dad to put his checkbook away... and then somehow junior got the idea (and maybe even started telling the tale) that he had \"\"been beaten to the patent office by XX days\"\" -- and of course now, as he got older he probably found out how implausible his story was... so he had to update/revise it, and he has since so thoroughly \"\"rewritten\"\" his own memory, that the claim would now be that not only was it a color TV idea... but it was a BETTER color TV... why it was the same as the \"\"Trinitron\"\". **Alas BULLSHITTING, even in such a blatant form... is not a crime; even suckering gullible people into repeating said bullshit... is also not a crime.**  &gt;He also did a pretty good job foreseeing the mobile &amp; Internet revolution (in hindsight it doesn't seem impressive  He didn't \"\"foresee\"\" anything -- he simply repeated (and attempted to claim credit for) things that had been in existence or development by a multitude of others while he was busy pushing carbonated pop.\""}
{"_id": "330792", "title": "", "text": "Reading the plan documentation, yes, that is what it means.  Each purchase by bank debit, whether one-time or automatic, costs $2 plus $0.06 per share; so if you invested $50, you would get slightly less than $48 in stock as a result (depending on the per-share price). Schedule of Fees Purchases \u2013 A one-time $15.00 enrollment fee to establish a new     account for a non-shareholder will be deducted from the     purchase amount. \u2013 Dividend reinvestment: The Hershey Company pays the     transaction fee and per share* fee on your behalf. \u2013 Each optional cash purchase by one-time online bank     debit will entail a transaction fee of $2.00 plus $0.06 per     share* purchased. \u2013 Each optional cash purchase by check will entail a     transaction fee of $5.00 plus $0.06 per share* purchased. \u2013 If funds are automatically deducted from your checking or     savings account, the transaction fee is $2.00 plus $0.06     per share* purchased. Funds will be withdrawn on the     10th of each month, or the preceding business day if the     10th is not a business day. \u2013 Fees will be deducted from the purchase amount. \u2013 Returned check and rejected ACH debit fee is $35.00."}
{"_id": "330794", "title": "", "text": "The announcement comes seven weeks after\u00a0Walmart inked a similar deal with Google to offer hundreds of thousands of products\u00a0through the service. Other big-box retailers like Home Depot are also on board.  Well I guess I have to choose who's side I'm on. and if Walmart is on Google's side then I chose Amazon."}
{"_id": "330797", "title": "", "text": "This is where someone hand waves: innovation, competitive spirit, technology, hard work, and values -- code words for -- cut everything to the bone, replace with automation as much as possible, and/or acquire work-slaves, rinse-repeat until an exit strategy is found, bail out at optimal point and leave someone else to clean up the mess."}
{"_id": "330802", "title": "", "text": "The PriceCheck app is capable of doing the search by taking a picture of the product or speaking the product name, which isn't an option on the Amazon App as far as I'm aware.  But it's funny that you mention that they are the same app, because amazon also has a Amazon Student app which does the **EXACT** same thing as the regular app. I just use it because it has a better interface IMO."}
{"_id": "330842", "title": "", "text": "The standard customer is actually pretty satisified with BofA because he gets access to the large number of branches for free. But that money has to come from somewhere, that service isn't free. BofA gets it from those who are less responsible with their money. Alternatively, BofA can just charge everybody evenly across the board. Due to low interest rates, deposits are not very profitable, they cannot lower the interest on your savings account any more. Banks are actually losing money on most of their depositors because the stuff involved with maintaining an account costs money. That's why some banks are actively doing things to push some depositors away (some banks even charge you money to store money in the bank).  Logically, it makes sense for me to bank at a place where the profits are not squeezed from me. So as someone who doesn't get hit with fees, I'm happy with BofA. That might sound weird, but logic dictates that I go to where I get the best value."}
{"_id": "330848", "title": "", "text": "\"According to page 56 of the 2015 IRS Publication 550 on Investment Income and Expenses: Wash sales. Your holding period for substantially identical stock or securities you acquire in a wash sale includes the period you held the old stock or securities. It looks like the rule applies to stocks and other securities, including options. It seems like the key is \"\"substantially identical\"\". For your brokerage / trading platform to handle these periods correctly for reporting to IRS, it seems best to trade the same security instead of trying to use something substantially identical.\""}
{"_id": "330856", "title": "", "text": "Ok so I used Excel solver for this but it's on the right track.  Latest price = $77.19  Latest div = $1.50  3-yr div growth = 28%  g = ???  rs = 14%  So we'll grow out the dividend 3 years @ 28%, and then capitalize them into perpetuity using a cap rate of [rs - g], and take the NPV using the rs of 14%. We can set it up and then solve g assuming an NPV of the current share price of $77.19.  So it should be:  NPV = $77.19 =   [$1.50 / (1+0.14)^0 ] +  [$1.50 x (1+0.28)^1 / (1+0.14)^1 ] +  ... +  [$1.50 x (1+0.28)^3 / (1+0.14)^3 ] +  [$1.50 x (1+0.28)^3 x (1+g) / (0.14-g) / (1+0.14)^4 ]  Which gives an implied g of a little under 9%. Let me know if this makes sense, and definitely check the work..."}
{"_id": "330865", "title": "", "text": "\"Kek!  So no others companies are big enough to take advantage of that?  I don't see any other companies mentioned anywhere.  Hmmm.  It's like they are focusing specifically on Amazon, and don't want you to know about other companies who use this.  That's weird!  Sounds like they are trying to sell you on Amazon hate!  And you're buying it!  You aren't even questioning the missing information!  Now, I agree that Amazon is definitely getting an advantage here.  It may even be unfair, but this article doesn't even provide enough information to determine if the advantage is unfair from a competition perspective, other than being something that bigger companies can take more advantage of. (Wait, isn't \"\"buy in bulk\"\" something bigger companies can take advantage of, that smaller companies can't?  Oh no!  Why aren't we fighting that?)  Recognize the lack of information, and avoid the hypocrisy it can cause.\""}
{"_id": "330874", "title": "", "text": "Your question doesn't make much sense. The exceptions are very specific and are listed on this site (IRS.GOV). I can't see how you can use any of the exceptions regularly while still continuing being employed and contributing. In any case, you pay income tax on any distribution that has not been taxed before (which would be a Roth account or a non-deductible IRA contribution). Including the employer's match. Here's the relevant portion: The following additional exceptions apply only to distributions from a   qualified retirement plan other than an IRA:"}
{"_id": "330890", "title": "", "text": "\"who computes the S&P 500? Standard and Poor's. Why are they sharing this information and Because that's what they do. This is a financial research company. how do they recuperate the costs inherent in computing the S&P 500? By charging clients for other information. The computing of the index itself is not all that complicated, its coming up with the index that's a problem. Once they've come up with the formula, and it became widely accepted, the computation itself is not an issue. But the fact that its so popular leads to the S&P brand recognition, and people come and pay good money for their other services (ratings and financial analysis of securities). They do more work for free. For example, the ratings of various government debts are being done by S&P for free (governments don't pay for that), while private bonds are rated for a fee (corporations pay to have their bonds rated). Also, as noted by JBKing, there are probably some licensing fees for using the index name in the fund name (and other users are probably paying the licensing fee, like the news agencies and the exchanges). S&P500 is a registered trademark, and as such cannot be used without the owner's permission. Why is then \"\"active management\"\" not required for indexed funds Because no research and stock picking is required. In fact, these funds don't really require a manager, they can be managed by a simple script. and how does it lower taxes? (perhaps this could be a different   question if this has become too broad) Actively managed funds perform a lot more buy/sell operations, each leading to tax consequences to the fund (which rolls them over to the investors). Index funds only buy and sell to re-balance back to the index (or when the makeup of the index changes, usually once a year or half a year), leading to much lesser realized capital gains to the fund, thus much lesser tax consequences.\""}
{"_id": "330900", "title": "", "text": "\"You sold $10,000 worth of stock so that money is essentially yours.  However, you sold this stock without actually owning any which means that you, through your broker, are currently borrowing shares amounting to (at the time of your sale) $10,000 from someone who actually owns this stock. You will be paying this person interest for the privilege of borrowing their shares, the exact amount charged varies wildly and depends on factors such as short interest in the stock (loads of people want to go short = shareholders can charge high interest) etc. If I remember correctly hovering over the \"\"position\"\" column in your portfolio in the IB Workstation should give you information about the interest rate charged.  You will have to buy back these shares from the lender at some point which is why the $10k isn't just \"\"free money.\"\" If the stock has gone up in price in the meantime you are going to be paying more than the $10k you got for the same amount of shares and vice versa.\""}
{"_id": "330908", "title": "", "text": "\"Yeah don't get me wrong, Fry's is great for their selection and their prices, but god forbid you need to get something from the back haha. I don't think they've spent a single cent for building upkeep at any location aside from \"\"keep water from leaking in\"\" since 1990, but if that means cheaper stuff for me, I guess I don't really care.\""}
{"_id": "330916", "title": "", "text": "And hospitals can't repossess the pacemaker you got when you declare bankruptcy and get your medical debt cleared...  I understand what you're saying, but you can rationalize any debt as being unforgivable I you really want to and especially if you have a vested interest in it being unforgivable. I don't know that the origin of the debt or the object of the debt should matter."}
{"_id": "330917", "title": "", "text": "Shareholders have voting rights, and directors have fiduciary obligations to shareholders. Sure, shareholders have rights to the dividends, but stock confers decisionmaking powers. I'm not really sure what your answer to this is, or how you are differentiating the concept of ownership from this."}
{"_id": "330959", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/1100886/bitcoin-in-africa-is-driven-by-mmm-mavrodi-ponzi-scheme/) reduced by 95%. (I'm a bot) ***** &gt; The scheme associates itself closely with Bitcoin in its marketing materials, explaining that &amp;quot;MMM and Bitcoin have similar ideologies: they strive to defeat the social inequalities, to free people from banks, and to make the world fairer.\"\"  &gt; After countries like South Africa and Nigeria attempted to shut them down in 2016, MMM paused their operations, only to return at the beginning of 2017 with a new marketing focus: Bitcoin.  &gt; That&amp;#039;s precisely what happened in 2016, when MMM abruptly shut down their first Bitcoin-based ponzi scheme.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76di19/bitcoins_rise_in_african_markets_is_driven_by_an/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~228345 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **MMM**^#1 **Bitcoin**^#2 **world**^#3 **Cryptocurrency**^#4 **new**^#5\""}
{"_id": "330994", "title": "", "text": "\"Wot.com or Web of Trust is a website where people add reviews/complaints of websites for things such as child safety, hate propaganda, fraudulent claims, phishing scams, etc.  Anyone can post a review, there's no standard or criteria for reviewers.   Using WOT to prove a websites information is accurate would be like using a Yelp review as a source in an academic journal or in court.   &gt; what would constitute \"\"scientific methodology\"\" regarding political analysis?  When researching for media bias, you'll need:   A. Clearly defined terms  B. Objective criteria for doing measurements  C. Accounting for error/bias on the part of researchers  D. Having experts in relevant fields peer-review and publicly scrutinize your research   This isnt just about science, these are the foundations of any attempts at determining truthhood.   You're trying to tell me what websites are biased and which are legit, you don't even understand how to go about determining what bias or truth is without basing it on someone else's unevidenced opinion.   I understand that we might be able to intuitively recognize bias on the part of overtly right-wing (Brietbart) or left-wing (CNN) news sources, but websites like this can't call themselves fact-checkers when its based entirely on their own intuitive opinions.    Sourcing blog posts and unsourced websites is the level of research you'd expect from a conspiracy theorist.\""}
{"_id": "331008", "title": "", "text": "\"I would like to first point out that there is nothing special about a self-managed investment portfolio as compared to one managed by someone else. With some exceptions, you can put together exactly the same investment portfolio yourself as a professional investor could put together for you. Not uncommonly, too, at a lower cost (and remember that cost is among the, if not the, best indicator(s) of how your investment portfolio will perform over time). Diversification is the concept of not \"\"putting all your eggs in one basket\"\". The idea here is that there are things that happen together because they have a common cause, and by spreading your investments in ways such that not all of your investments have the same underlying risks, you reduce your overall risk. The technical term for risk is generally volatility, meaning how much (in this case the price of) something fluctuates over a given period of time. A stock that falls 30% one month and then climbs 40% the next month is more volatile than one that falls 3% the first month and climbs 4% the second month. The former is riskier because if for some reason you need to sell when it is down, you lose a larger portion of your original investment with the former stock than with the latter. Diversification, thus, is reducing commonality between your investments, generally but not necessarily in an attempt to reduce the risk of all investments moving in the same direction by the same amount at the same time. You can diversify in various ways: Do you see where I am going with this? A well-diversed portfolio will tend to have a mix of equity in your own country and a variety of other countries, spread out over different types of equity (company stock, corporate bonds, government bonds, ...), in different sectors of the economy, in countries with differing growth patterns. It may contain uncommon classes of investments such as precious metals. A poorly diversified portfolio will likely be restricted to either some particular geographical area, type of equity or investment, focus on some particular sector of the economy (such as medicine or vehicle manufacturers), or so on. The poorly diversified portfolio can do better in the short term, if you time it just right and happen to pick exactly the right thing to buy or sell. This is incredibly hard to do, as you are basically working against everyone who gets paid to do that kind of work full time, plus computer-algorithm-based trading which is programmed to look for any exploitable patterns. It is virtually impossible to do for any real length of time. Thus, the well-diversified portfolio tends to do better over time.\""}
{"_id": "331023", "title": "", "text": "No worries. So I suppose it depends on your current excel experience. I never had a ton which is why I picked it up. I'm almost through section 4 of the course, and learning conditional formatting, dynamic names in cells, and other shortcuts. I haven't touched anything finance related necessarily. Section 5 looks to be where the advanced formula lessons start, and Section starts P&amp;L construction. As someone with limited experience beforehand it's been great"}
{"_id": "331024", "title": "", "text": "Actually, it's well known that China is using North Korean slaves who work for free in Chinese factories, hotels, etc.  All the money paid for those slaves got the North Korean government.  And both China and NK are communist, supposedly all about workers' rights."}
{"_id": "331029", "title": "", "text": "\"To anyone else with this mindset: -Remember that your recruiters and potential employers don't care about the health of the national job market. They care about their own company. They want to maximize EmployeeValue/EmployeeCost. They know what they want and what they can afford. So of course they are going to fish for a lunker. Why wouldn't they? -Every damn thing is negotiable. Don't like that starting salary offer? Counter it. Know direct competitor starting salaries.  -\"\"I don't have direct experience with X, but I do have experience with Y\"\". Use this.  Since I ruffled a few feathers here I'd be happy to look at any entry-level SW engineering resumes for feedback. PM me.\""}
{"_id": "331033", "title": "", "text": "Maxi-Jaye is an experienced, professional cleaning company. You can rely upon us to provide you with office, commercial and house cleaning services. We work hard to provide high-quality, professional services. Our objectives are to provide cost effective cleaning services that promotes the very highest standard end results, full commitment to quality highest quality customer care effective management and constant innovation. We provide services in Wembley, Watford, St Albans and Harrow."}
{"_id": "331036", "title": "", "text": "&gt; What the hell is that title trying to say?  That I - Deacon John Hubertz, and my tiny church, are going to make a dedicated and if necessary lifelong effort to stop the thieves and scoundrels who charge $10,000 to bury a body.  We do this for the widows, for the orphans, and because I and my entire church are on a mission from God.  We do not own a building, we do not seek to convince or convert, and we never ask for donations. We have been given this righteous task and with all our strength we will do this.  http://saintjosephrcc.blogspot.com/2017/09/god-speaks.html"}
{"_id": "331038", "title": "", "text": "We ask Trump to denounce hate groups and condemn their actions. I would like to see the people ask CEOs to publically denounce specific Trump statements, positions, tactics, and policies under threat of boycott. If CEOs have a fiduciary duty to advise and associate with the president, combat it with the prospect of lost revenue for their business.  EDIT: And now Trump has [ended the business councils](https://twitter.com/realDonaldTrump/status/897869174323728385) after eight CEOs quit."}
{"_id": "331085", "title": "", "text": "The stupid question nobody asked: how mechanically inclined are you? I buy used cars, but then again I can work on them (I am building a new engine to my specs for one of my cars). Replacing a head gasket in a Subaru would be less than $200 for me, so I would find someone who blew his and offer $1000-1500 for the car if it is one of the models I like. The reality of buying an used car is that you are buying someone's else problems. How much do you know about that specific car model, its quirks, and what usually goes bad on them? For instance, it is a fact most people who buy a BMW 3 series flog them, so expect an used one to have been abused by someone trying to pick up girls by acting like he is a racer. A 5 series, on the other hand, would have a better life. Then some cars tend to rust on certain areas of the body. On the other hand I have seen Hyundai Elantras take a lot of abuse -- no oil change in 3 years -- and keep on ticking. Yes, you need to do some research on new cars, but old ones require even more. If you are going to save money buying used, make sure to spend time and research the options and their hidden costs. And learn how to check a car and have a feel for how much you will spent on repairing/maintaining it.  And what you are willing to give up on your first car: is having a working AC that important? How about power windows?  If you do buy a used car, try to put $100-200 aside every month, as if you are doing car payments. That will be your emergency and downpayment-for-next-car money. No matter what you buy, remember all you want on a new car is reliability and fuel efficiency. And, how much do you need a car right now? If you have to ride 30minutes to work in pouring rain and then be talking to customers, maybe a car worth having. But, where I live, a lot of people ride bicycles to work and back or use public transportation. I would trust getting into my car right now and drive 5h, and yet I take the bus every day (I like saving money on fuel and parking fees)."}
{"_id": "331093", "title": "", "text": "\"But in the debt-payoff-first scenario, I'd be wiping out my debt in   two years. It would take several more years if I were to just pay the   minimums and put the extra money toward investing instead. Right. The idea is that in 2 years, you are likely to have more in the savings/stock account than you owe on the loan. But. The range of returns for X years has a smaller standard deviation the greater X is. e.g. any year has about a 1 in 3 chance of being negative. A 10 year period had a negative return (-1% CAGR) in the '00s recently, but the 15 year return even around that decade would have been successful. Jan 1 '96 - Dec 31 2010 returned 6.76% CAGR, Jan 1 2001 - Dec 31 2015 returned 4.96% CAGR.  This tells you that the time frame is as important as your sleep factor. Your 2 years? I'd just kill the loans. A 10-15 year horizon? I'd ask how you \"\"feel\"\" about that debt. The cost of going after a potential higher return may not be worth the risk to many. For some, it's fine. I retired, with a mortgage still in place, but the money in my 401(k) that could have paid off the mortgage is now about twice the remaining balance. So I sleep like a baby.  In the end, I'm a fan of investing for the long term vs paying off low rate debt, but it's a choice based on the individual.\""}
{"_id": "331100", "title": "", "text": "Because the HFT bought them in response to the guy buying. The HFT was only able to get them faster because his server and internet connection were faster. That in combination with the fact that they intentionally just spray the exchange with a huge combination of buys. If they don't have anyone on the hook, they just cancel.   So the HFT sends the exchange a bunch of buy orders. They know 99.9 won't match up with a guy who's looking to buy and cancel them. However, when they get a guy on the hook they let that one go through and don't cancel it.   A traditional market maker doesn't do that. They let all the orders go through and charge a higher price when someone wants it. However, this is accepted as fair because they're providing volume. They're making sure that buyers and sellers will have an active market. So it's expect that they should be able to profit for having that convenience.  When a HFT can cancel their orders at will they're not providing volume.  It's not uncommon for a market maker to buy as many shares as possible and then force you to pay more for it. However, they give people the ability to buy or sell shares.   HFT don't do this. They are fast enough to cancel buy orders unless they have a buyer on the hook. As a result they can be a market maker without any losses. That would be one thing, but they don't provide the market with liquidity. They just dump the shares as soon as they're done taking their haircut (tax)."}
{"_id": "331101", "title": "", "text": "As you get older you see how tendons and joints take longer to heal. I work at a desk and I can only imagine how an injury in a manual job would require a pain killer to stay working. But the injury and pain would keep getting worse. And I'm sure the obesity epidemic isn't helping things."}
{"_id": "331102", "title": "", "text": "You ARE naive in that you are concerned about employees who have already choosen for the most part their career fates.  Newsflash buddy, unskilled workers are at the largest risk of becoming unemployed in an increasingly unstable economy.   I realize you come from a world of lifetime employment, benefits, retirement, pensions (what's that?!) but that simply isnt the world anymore. For the last few decades this country's potential has been squandered and this is the end result. Very little opportunity for an increasing majority of participants and crushing overhead destroying all but the most profitable and sustainable business models."}
{"_id": "331103", "title": "", "text": "That's a pretty big jump going from private equity and Toys R Us to Trump voters. To me, this will go down exactly as it should: anyone who borrowed money to the private equity firm for the Toys R Us deal will lose a lot of money.   The only larger connection I see is that retail is a terrible business to be in right now."}
{"_id": "331108", "title": "", "text": "Adding a couple more assumptions, I'd compute about $18.23 would be that pay out in 2018.  This is computed by taking the Current Portfolio's Holdings par values and dividing by the outstanding shares(92987/5100 for those wanting specific figures used). Now, for those assumptions: Something to keep in mind is that bonds can valued higher than their face value if the coupon is higher than other issues given the same risk.  If you have 2 bonds maturing in 3 years of the same face value and same risk categories though one is paying 5% and the other is paying 10% then it may be that the 5% sells at a discount to bring the yield up some while the other sells at a premium to bring the yield down.  Thus, you could have bonds worth more before they mature that will eventually lose this capital appreciation."}
{"_id": "331132", "title": "", "text": "\"Did anyone in your family die and leave you to take care of kids you didn't bring into the world?  Did a random accident leave you disabled in any way or maybe just in chronic pain?  Did you have a loved one become disabled and unable to take care of themselves?   No disrespect to working hard and saving your money. I agree with that. And I commend you for doing it.   But \"\"Plan your life and live below your means\"\" is a mighty useless piece of advice to people who are having a tough time making ends meet - sometimes through not fault of their own.\""}
{"_id": "331141", "title": "", "text": "As an attorney, your proposal would result in fewer attorneys taking on class action cases. Typically in class action lawsuits, the consumer is unable to afford to pay the attorneys their hourly rate. So the attorney gets paid 0 up front, dedicates all their time and resources for free until if, and when, the judge or jury rules in their clients favor. Then the attorneys collect for all the time and up front resources expended for the past x amount of years spent fighting in court for clients, who up until that point have paid 0, by earning a percentage of the total award. The attorneys deserve to be compensated for their time and effort and taking the risk on the case. Let\u2019s not position it as if the lawyers are doing their clients a disservice by finally getting paid a percentage of the total recovery at the end."}
{"_id": "331150", "title": "", "text": "Burgers don't sit pre-made at Wendy's (or any other fast food chain for that matter). The patties sit on the grill until a burger is ordered, and the sandwich is dressed at that point. Patties that sit too long are used for chili meat.  In this instance, the patty may have been cooked too long and lost its flavor."}
{"_id": "331153", "title": "", "text": "That's an excellent point Banshay. This problem that you have suggested can definitely be a big leak to the business. I will thus put a bigger emphasis on our POS system to make sure everything is adequately tracked."}
{"_id": "331154", "title": "", "text": "Royal White Marmo stone PVT .LTD. initiated in 2005, at Rajsamand. This is manufacturing, exporting and supplying company in India. This company offer Marble stones that are used in manufacturing of floor, counter top and so on. We have achieved superior position in the industry. We offer expanded range of marble at high quality and affordable price.https://www.slideshare.net/royalw/indian-marble-market-price-76400348"}
{"_id": "331155", "title": "", "text": "Of course, as a 'good' person (or maybe a 'stupid' person), I should call them, (wait 30 minutes in the queue), and then try to explain the issue to the service desk. I actually did that, and the guy thought I am nuts to even call, and told me to 'just use them they are yours now'. I don't feel like calling again and again until I get someone that believes it, just to return them their points. Calling generally does not solve this problem. You would need to write a letter using certified mail and send some reminders. Hopefully they should notice it, if not you at least have evidence that you have communicated. I could just toss the card and forget about it. However, I had quite some points on it that really belong to me, so that feels like I pay for their fault. There is no need. You can continue to use the card as usual. Use them and play stupid. This is not a good idea. They are clearly not yours. Somewhere in Terms and Conditions you will find some fine print about notifying Bank/Financial Institution about the errors. Best course, after intimating informing them via letters, keep using your card as normal and use your points as normal. You would roughly know your points balance."}
{"_id": "331157", "title": "", "text": "This advice is easily ignored because it's one of the more difficult to do, especially if you describe yourself as an introvert: Alumni.  If you went to a well known University - you should have a massive alumni network at your fingertips.  You need to replicate those informational interviews with dozens and dozens of alumni. One at a time of course, but reach out to them, honestly.  Call or email if you're too uncomfortable calling.  You won't get a response to every email you send or call you make, but I promise it's THE best way to get where you want to go. Especiall if you've already exhausted your own family and friends network.  Rough example email below:"}
{"_id": "331160", "title": "", "text": "These articles are such slop. CEO's salaries are rising because it is becoming increasingly difficult to hide income from the tax collectors. Period. End of story. Nobody is getting raises, they're just being forced to pay more taxes because the government needs money more now than it has in recent years"}
{"_id": "331176", "title": "", "text": "\"It's more the opposite...using a credit card as a debit card may be treated as a \"\"cash advance,\"\" since money is debited on the spot...so you could be charged a cash advance fee. If you used your debit card as a credit card, there may simply be a balance on the account that needs to be paid off before it begins accruing interest.\""}
{"_id": "331248", "title": "", "text": "Forms for the Colorado LLCs are online. You can find the link to the dissolution form here, and instructions here. IRS instructions are here. That's what they want: To close your business account, send us a letter that includes the   complete legal name of the entity, the EIN, the business address and   the reason you wish to close your account. If you have a copy of the   EIN Assignment Notice that was issued when your EIN was assigned,   include that when you write to us at: Internal Revenue Service Cincinnati, Ohio 45999 Everything is pretty straight forward.  Note that you might be required to file a initial/final tax return if you had any transactions."}
{"_id": "331253", "title": "", "text": "Only in foreign ports. For example Cathay Pacific is based out Hong Kong, it will employ staff to do everything from check in to cleaning. When they fly into overseas ports they will contract other airlines or menzies etc to do their ground handling."}
{"_id": "331255", "title": "", "text": "Streamline refinance is the way to go.  You don't have to stay with the same bank to do so either.  The big advantage of the streamline is the original appraisal is used for the refinance, so as long as you didn't have negative amortization(impossible in FHA anyways), you're good to go.  It will be much less paperwork and looser credit standards.  The ONLY downside is that upfront and monthly FHA mortgage insurance ticked up from where it was 2 years ago.  If you're under a 80% LTV however you won't have to worry about it."}
{"_id": "331262", "title": "", "text": "I know. It's crazy, if you step back and look at it.  The issue is that startup media is really tabloid media. It focuses only on the big, unlikely wins, which appeals to our base instincts. We want to believe that we are Cinderella dressed up in Ruby on Rails.   But the fact is, the more you read about extraordinary things, the more likely you are to think it will happen regularly, and happen to you. That's a basic cognitive bias, the availability heuristic.   That, and the cooing of venture capitalists, is what leads people to believe that their hobbies or fun non-profit projects could and should make them rich."}
{"_id": "331268", "title": "", "text": "The term self-directed generally refers to RRSP accounts where the account holder has not only the ability to determine a basic investment asset mix (such as can be accomplished even with a limited selection of mutual funds) but, more specifically, the self-directed account holder has a much wider choice of financial instruments beyond mutual funds, GICs, and/or cash savings. A self-directed RRSP generally permits the account holder to also invest or trade directly in financial instruments such as: Those kinds of instruments are not typically available in a non-self-directed mutual fund or bank RRSP.  Typical mutual fund or bank RRSPs offer you only their choice of products  \u2013 often with higher fees attached. Related resources:"}
{"_id": "331295", "title": "", "text": "\"Let's start by saying that of all the things to solve in a mortgage equation, the rate is the toughest. It's the least friendly to solving with pencil and paper. While I never tire of expressing my love for my Texas Instruments BA-35 financial calculator, it's no longer in production, and most folk won't have access, but Excel is right there.  The financial function pops up for you with RATE as a choice for solving.   I filled in the cells to show the numbers. The -665.30 is a typical convention for money flows as it's a payment from you not a credit for interest you earn. Note, some mortgage calculators leave this entry as positive. It takes a second to see how one's calculation or spreadsheet does this.  Last, you can see the software wants a \"\"guess.\"\" This is because the software has a loop, guessing and getting closer to the solution. I entered .005 to guess 6% per year. The correct solution is .006 or 7.2% per year.  Class dismissed.\""}
{"_id": "331296", "title": "", "text": "Just because it gets delisted from one of the big boards doesn't mean it can't trade over the counter.  For example GM went OTC under the ticker MTLQQ for a while.  That being said, just because the stock is trading over the counter doesn't mean it has any real long term value."}
{"_id": "331332", "title": "", "text": "Its actually a good thing.  The #1 factor to your credit score is your credit utilization.  So if you don't spend money unwisely and they don't have any annual fee I would keep them and use them each twice a year to keep them in your credit mix."}
{"_id": "331368", "title": "", "text": "\"My old place of business used to have a huge number of ridiculous meetings. Many of them were retreading old ground just because we all knew, deep down, that there was no way for us to break new ground in that bureaucratic hell.  We had a \"\"Go/No Go\"\" meeting on a Sunday discussing whether or not we were going to go live with a new version of somesuch or another that was dependent on some other team having its shit together (spoilers: they didn't).  The call, somehow, took over an hour. I played Half Life 2 the entire time.\""}
{"_id": "331384", "title": "", "text": "I agree with Joe, having the money deposited to the US bank account may land you in trouble. Technically, a US business paying a foreigner must withhold 30% of the payment, unless a tax treaty says otherwise. The US business should do that based on your W8-BEN/W8-ECI form that you should have given to the business before being paid. I'm guessing, that by paying to your US bank account, you (and your American counterpart) are trying to avoid this withholding. That may cause trouble for both of you. I would suggest you talking to a professional (EA/CPA licensed in the State where the business is located) and having the situation resolved ASAP. You may not be liable for the US taxes at all, but because of incorrectly reporting the income/expense - you and the US business may end up paying way more than the $0 you otherwise would have, in penalties."}
{"_id": "331392", "title": "", "text": "Look, the richest guy I know personally is the first college grad in his family, and he is the first generation of natural-born citizens in his family. He worked (and lucked) his way from almost nothing to rich as fuck, but the fact that I happen to know him personally doesn't nullify his status as a statistical outlier."}
{"_id": "331396", "title": "", "text": "Well, actually in your brother's case it's quite a good idea. Not as a savings method, but as what it is - insurance. As long as he's alive and well he can pay his own debts, they're his problem and it's his responsibility. Once something, god forbid, happens to him - the debts become the problem of his survivors (you, if he doesn't have kids, for example). His life insurance should provide the means to pay off the inherited debts. So the point of life insurance as insurance is to make sure those who survive you have enough of what they need to continue living as they were with you. Some policies take into account injuries and work disability, so that not only when you die there are benefits, but also when you had an accident and can no longer work. Some policies are basically a combination of savings and insurance - that's the policies discussed in the investing threads. edit as clarified in the comments, debts cannot be inherited per se, they will be paid off from the estate before disbursement of such. What it means though is, if the deceased had accrued significant debt, all his assets may go to the creditors leaving survivors with nothing, which may also mean homeless. That was the kind of a problem I was talking about."}
{"_id": "331404", "title": "", "text": "&gt; The laws of capitalism are not ironclad  They are not the laws of capitalism but of reality, which unfortunately *are* ironclad. If you give more stuff to someone than you get in return, you eventually run out of stuff. There is no power known to man that can change that."}
{"_id": "331423", "title": "", "text": "Credit in general having no significant change between an income level or net worth is due to the economic reciprocity principle inherent in many societies. Although some areas of credit may be more admirable to those who aren't as well-off, such as car loans, the overall understanding of credit is a trust agreement between someone getting something (e.g., credit card user) and someone giving something (e.g., bank or company). Credit doesn't have to mean just money -- it can be anything of value, including tangible materials, services, etc. The fact is that a credit is a common element in most economical systems, and as such its use is not really variable between income levels/etc. Sure, there is variance in things like credit line amounts and rewards, but the overall gist is the same for everyone -- borrowing, paying back, benefits, etc. All of these exchanges form the same understanding we all know and follow. Credit brings along with it trust -- the form represented in a score. While not everyone may depend entirely on credit, and no one should use credit as a means of getting by entirely (money), everyone can understand and reap the benefits of a system whether they make 10K a year of 10M a year. This is the general idea behind credit in the broadest sense possible. Besides, just because one has or makes more money doesn't mean they don't prefer to get good deals. Nobody should like being taken advantage of, and if credit can help, anyone can establish trust."}
{"_id": "331471", "title": "", "text": "My prediction: in 3-5 years when amazon finally has to pay sales tax, they will buy sears.   IMO sears website is so atrocious it makes me wonder if the management there even knows how to use the Internet. It has gotten better in the last 6 months or so, but any chance they had at a successful business model with the Internet was already shot."}
{"_id": "331474", "title": "", "text": "Right.  Ultimately, this golden parachute is $200mil+ too large, but she was never likely to turn Yahoo around.  She did not succeed in turning around a failing enterprise.  Mistakes and mishaps in that scenario are always very glaring.  So, while she didn't do a great job, I think the narrative of her being the downfall of Yahoo is incorrect.  Ultimately, Yahoo needed a visionary type to turn it around.  Those are few and far between and often seem to need to be very connected to the company they are turning around.  Even with that type of person at the helm it would have been a long shot to turn Yahoo around."}
{"_id": "331492", "title": "", "text": "I really like keshlam's answer. Your age is also a consideration. If you make your own target fund by matching the allocations of whatever Vanguard offers, I'd suggest re-balancing every year or every other year. But if you're just going to match the allocations of their target fund, you might as well just invest in the target fund itself. Most (not all, just most) target funds do not charge an additional management fee. So you just pay the fees of the underlying funds, same as if you mirrored the target fund yourself. (Check the prospectus to see if an additional fee is charged or not.) You may want to consider a more aggressive approach than the target funds. You can accomplish this by selecting a target fund later than your actual retirement age, or by picking your own allocations. The target funds become more conservative as you approach retirement age, so selecting a later target is a way of moving the risk/reward ratio. (I'm not saying target funds are necessarily the best choice, you should get professional advice, etc etc.)"}
{"_id": "331516", "title": "", "text": "Sorry, but that's a load of sh*t.  The economy tanked in March of 2000 when the tech bubble burst.  Projecting the insane bubble economy outwards showed the debt could be paid off, but it was already over when Bush came into office.  (Tax receipts are backwards looking, the stock market is forward looking.  The world knew in early 2000 that the party was over.)"}
{"_id": "331521", "title": "", "text": "Buy and sell orders always include the price at which you buy/sell. That's how the market prices for stocks are determines. So if you want to place a buy order at 106, you can do that. When that order was fulfilled and you have the stock, you can place a sell order at 107. It will be processed as soon as someone places a buy order at 107. Theoretically you can even place sell orders for stocks you haven't even bought yet. That's called short selling. You do that when you expect a stock to go down in the future. But this is a very risky operation, because when you mispredict the market you might end up owing more money than you invested. No responsible banker will even discuss this with you when you can not prove you know what you are doing."}
{"_id": "331523", "title": "", "text": "Discussing the existence of a speakeasy is not the same as handing out a map with hand written annotations and directions to the speakeasy.  Note that I did not hand out addresses, names, or even discussed the type of content that one might find on a private torrent tracker.   I have just stated that they exist and wanted to point out that the fact that because they are not very commonly known about, clearly demonstrates that the members of said sites are (and can be) extremely discrete.  I agree that torrent sites require discretion to stay alive, however your post seems to indicates that you, perhaps, are not aware of the existing reality of extremely discrete, private, torrent trackers with extremely large content libraries and user bases. As such, in order to stop the dissemination of bad information to others (ie, that there is no way those could possibly exist!), I thought I would point out to those who may not be in the know, that there are indeed private, discrete torrent trackers that are safe and free."}
{"_id": "331530", "title": "", "text": "High ROI and high barriers to entry are rare to find existing together at the same time in the same market. More commonly, you have high margins/ROI in early markets, but high barriers to entry are more common in mature markets. The most common places to find high ROI and barriers to entry is when there is something *proprietary* involved. This is why the STEM (science, technology, engineering, and math) fields are so valuable. Industries related to these fields have an edge because they are the most likely fields to create something proprietary. When something proprietary is also in high demand, you have a barrier to entry and also a potential to create high margins (which in turn will be high ROI). Some people have mentioned medical devices, which are an excellent example. There are only a handful of companies that have went to the lengths of development to create the Swan Ganz catheter, for example (an essential tool used in cardiac surgeries). With little competition and high demand, companies that manufacture Swan Ganz catheters can put healthy margins on the product without worry.  TL;DR: The best way to find something high ROI that also has barriers to entry is to specialize towards something proprietary that cannot be imitated or replaced, but is also in high demand."}
{"_id": "331534", "title": "", "text": "Firstly, there is also a lifetime gift+estate tax allowance. If the father's estate, including other gifts given in his lifetime, is unlikely to exceed that allowance, it might be simplest simply to give the whole amount now and count it against the allowance. Right now the allowance is $5.34M, but that seems quite a big political football and it's the allowance when you die that matters. Looking back at past values for the allowance, $1M seems like a pretty safe amount to bet on. If you want to avoid/minimize the use of that allowance, I would make a loan structured as a mortgage that will have $14K payments each year (which can then be forgiven). The points in Rick Goldstein's answer about an appropriate rate, and being able to give more if more notional donors and recipients can be used, also apply. So for example in the first year hand over $200K at 3.5% and immediately forgive $14K. The next year, forgive the interest charge of $6.5K and capital of $7.5K. Given the age of the daughter, I guess the father might well die before its all paid off that way, leaving some residue to be forgiven by the estate (and thus potentially incurring estate taxes). There might also be state gift/estate taxes to consider. Edited to reflect 2014 gift and lifetime exclusion limits."}
{"_id": "331538", "title": "", "text": "One lender's explanation of getting permission to rent out.  The implication is that it is straightforward with a 1% extra interest to pay.  However, there is no guarantee that permission would be given, so there might be a risk. http://www.nationwide.co.uk/support/support-articles/manage-your-account/letting-your-property/letting-your-property-overview Definitely renting out a property with a residential mortgage is not a good idea."}
{"_id": "331545", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://pertinentproblems.com/2017/07/20/is-economic-globalisation-incompatible-with-national-democracy-part-two/) reduced by 96%. (I'm a bot) ***** &gt; One way in which economic globalisation has aided national democracy is by facilitating access to technology and in particular forms of mass communication.  &gt; There are some ways in which the mass availability of technology made available by economic globalisation has been used to hinder and delay democracy in the developing world.  &gt; It would be wrong to conclude that economic globalisation and democracy are incompatible; as this essay has sought to explain, globalisation has aided the spread of democracy and the two can and should exist alongside each other.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6onk5j/is_economic_globalisation_incompatible_with/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172266 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **democracy**^#1 **globalisation**^#2 **economic**^#3 **country**^#4 **people**^#5\""}
{"_id": "331553", "title": "", "text": "Don't invest in regular mutual funds. They are a rip-off. And, most investment professionals will not do much to help your financial future. Here's the advice:"}
{"_id": "331594", "title": "", "text": "It may be tempting to be financially lenient with your customers as you start to build business relationships, but doing so may ultimately jeopardize your profitability. Establish clear payment terms on all invoices and documents, including a reasonable penalty (start with eight percent) over the invoice amount if the total is not paid within the standard payment terms."}
{"_id": "331598", "title": "", "text": "To get the probability of hitting a target price you need a little more math and an assumption about the expected return of your stock.  First let's examine the parts of this expression. IV is the implied volatility of the option.  That means it's the volatility of the underlying that is associated with the observed option price.  As a practical matter, volatility is the standard deviation of returns, expressed in annualized terms.  So if the monthly standard deviation is Y, then Y*SQRT(12) is the volatility. From the above you can see that IV*SQRT(DaysToExpire/356) de-annualizes the volatility to get back to a standard deviation.  So you get an estimate of the expected standard deviation of the return between now and expiration. If you multiply this by the stock price, then you get what you have called X, which is the standard deviation of the dollars gained or lost between now and expiration.  Denote the price change by A (so that the standard deviation of A is X). Note that we seek the expression for the probability of hitting a target level, Q, so mathematically we want 1 - Pr( A < Q - StockPrice)  We do 1 minus the probability of being below this threshold because cumulative distribution functions always find the probability of being BELOW a threshold, not above. If you are using excel and assuming a mean of zero for returns, the probability of hitting or exceeding Q at expiration, then, is That's your answer for the probability of exceeding Q. Accuracy is in the eye of the beholder.  You'd have to specify a criterion by which to judge it to know the answer.  I'm sure more sophisticated methods exist that are more unbiased and have less error, but I think it's a fine first approximation."}
{"_id": "331606", "title": "", "text": "\"When margin is calculated as the equity percentage of an account, the point at which a broker will forcibly liquidate is typically called \"\"maintenance margin\"\". In the US, this is 25% for equities. To calculate the price at which this will occur, the initial and maintenance margin must be known.  The formula for a long with margin is: and for a short where P_m is the maintenance margin price, P_i is the initial margin price, m_i is the initial margin rate, and m_m is the maintenance margin rate.  At an initial margin of 50% and a maintenance margin of 25%, a long equity may fall by 1/3 before forced liquidation, a short one may rise by 50%. This calculation can become very complex with different asset classes with differing maintenance margins because the margin debt is applied to all securities collectively.\""}
{"_id": "331614", "title": "", "text": "In addition to the other answers, also consider this: Federal bond interest rates are nowhere near the rates you mentioned for short term bonds. They are less than 1% unless you're talking about terms of 5-10 years, and the rates you mentioned are for 10 to 30-years terms. Dealer financed car loans are usually 2-5 years (the shorter the term - the lower the rate). In addition, as said by others, you pay more than just the interest if you take a car loan from the dealer directly. But your question is also valid for banks."}
{"_id": "331616", "title": "", "text": "CUs are now starting to adopt some of the bank's tricks, like using a longer float during online bill paying and for outside transfers.  Also for overdrafts they are now starting to kick into fees or automatic loans rather than transferring money from your savings account.  I've been a member for decades and my CUs weren't doing this previously."}
{"_id": "331618", "title": "", "text": "I'm aware that this is not how modern economics works. I considered pursuing a graduate degree in the subject, but chose not to because I disagree with the epistemological foundations of the approach.    My ideas aren't based in explicit observation of reality, as I prioritize reason above observation. The difference between the two approaches is similar to the difference between pure mathematics and applied mathematics, where the rationalist (my perspective) is pure math, and the empiricist (the modern economist) is applied math. If you would include the theorems and abstractions of pure mathematics as fantasy, then my ideas are indeed based in fantasy, but you'd then have to explain why such an approach is wrong given how often the seemingly useless work of pure math ends up proving highly valuable in the long run (e.g. number theory and computer science)."}
{"_id": "331623", "title": "", "text": "**I would encourage you to clear all your debts and remain debt free, then you can consult a financial manager-for investing purposes that fits your needs and goals.  There are so many investment vehicles out, but the best of all is in real estate which requires lots of money.   For your case I would prefer money market funds.  If don't have time for a specialist you just walk into any stock broker and invest in those shares from well established companies with strong fundamentals.  Buy them when undervalued but with long term goals.  Ask the stock broker about bonds and other ways that the government purposes for domestic borrowings.  Etc."}
{"_id": "331651", "title": "", "text": "Most people will be in a different job 5-10 years down the line. For people working in these companies, for now, it's some other person's problem not theirs. Not because they don't believe it will happen, but individuals who's job it is to provide short term profits for shareholders are climbing the corporate ladder quicker than this tech gets implemented.  It's the ground floor workers that want jobs for life that end up getting shafted not the decision makers"}
{"_id": "331653", "title": "", "text": "\"The worth of a credit score (CS) is variable.  If you buy your stuff outright with 100% down then your CS is worthless. If you take a loan to buy stuff then it is worth exactly what you save in interest versus a poor score. But there is also the \"\"access\"\" benefit of CS where loans will no longer be available to you, forcing you to rent. If you consider rent as money down teh tiolet then this could factor in. The formula for CS worth is different for everyone. Bill Gates CS is worth zero to him. Walking away from a mortage is not the same as walking away from a loan.  A mortage has collateral. There are 2 objects: the money, and the house. If you walk away the bank gets the house as a fair trade. They keep all money you put against the house to boot! Sometimes the bank PROFITS when you walk away.  So in a good market you could consider walking away to be the Moral Michael thing to do. :)\""}
{"_id": "331660", "title": "", "text": "If you are seeing using a composite Best Bow Release, or if you before have one, then I am sure that the attention has crossed your mind about using an archery bow. Some people may say that they are not necessary, but there is a good chance that you can increase your comfort, consistency and reliability with an arc launch. When you look at many of the archers who shoot frequently, you will realize that they are firing with some help. With the different types of tools in your composite bow you can keep your arrangement pleasant and constant and help miracles with their accuracy."}
{"_id": "331664", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/technology/2017/oct/20/tech-startups-facebook-amazon-google-apple) reduced by 91%. (I'm a bot) ***** &gt; Startups drive job creation and innovation, but the number of new business launches is at a 30-year low and some economists, investors and entrepreneurs are pointing their fingers at big tech.  &gt; For one thing, the deep pockets and resources of companies like Facebook, Google, Amazon and Apple - with a combined value of almost $2.5tn - make it increasingly difficult for startups to compete or attract investment.  &gt; Even multibillion-dollar startups like Snap, Snapchat&amp;#039;s parent company, struggle to compete against these tech titans.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/781c68/as_tech_companies_get_richer_is_it_game_over_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233105 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **startup**^#1 **Amazon**^#2 **Facebook**^#3 **company**^#4 **launch**^#5\""}
{"_id": "331673", "title": "", "text": "Unfortunately I believe there is not a good answer to this because it's not a well posed problem.  It sounds like you are looking for a theoretically sound criteria to decide whether to sell or hold.  Such a criteria would take the form of calculating the cost of continuing to hold a stock and comparing it to the transactions cost of replacing it in your portfolio. However, your criteria for stock selection doesn't take this form.  You appear to have some ad hoc rules defining whether you want the stock in your portfolio that provide no way to calculate a cost of having something in your portfolio you don't want or failing to have something you do want.  Criteria for optimally rebalancing a portfolio can't really be more quantitative than the rules that define the portfolio."}
{"_id": "331680", "title": "", "text": "\"DownEastDiving.com is a weblog that covers a general topic of interest. There's a saying \"\"The more you know, the smarter you grow.\"\" Our goal is to share much information about any topics too as many people as possible. Stay ahead to everyone else by reading more from our site, Improve your knowledge and spread the words.\""}
{"_id": "331686", "title": "", "text": "It's because true competition does not exist in the movie theater business. If you wanted to open up a competing theater whose competitive advantage was cheaper popcorn, you couldn't do it - the studios would never give you rights to screen popular new release movies.  I know this because there are indie movie theaters that constantly struggle to acquire screening rights, because the Regals and AMCs of the world work hard to maintain their monopoly by having exclusive licensing deals with studios. Effectively, studios and a couple major theater chains have gotten together and agreed to fix the price of popcorn.  So if you want cheaper popcorn, there are theaters where you'll find it - you just won't be watching Hollywood blockbuster new releases while you're eating it."}
{"_id": "331696", "title": "", "text": "I don't see why not. Many ways this could go. Perhaps you can arrange an agreement where you earn 50% of profits over the basic operating costs. This gives them an incentive to let you open it up. This gives you a chance to see if the business actually makes sense financially... It may not."}
{"_id": "331700", "title": "", "text": "\"While you have asked for general principles, I am going to seize onto a specific example you gave in order to illustrate the difficulties here: Argentina. Argentina's bonds are probably not safer than US treasuries. Argentina is presently in the business of seizing foreign oil businesses (Repsol YPF) while championing leftist causes. At the very least this indicates an elevated level of political risk: S&P, which affirmed Argentina's ratings five notches into junk territory at B, said policies such as those enacted since the country's October presidential election could also weaken Argentina's macroeconomic framework and external liquidity... \"\"Actions of this type continue to shorten the economic planning horizon in the country and contribute to Argentina's deteriorating economic and political links with the international community.\"\" -- \"\"S&P Lowers Argentina Outlook To Negative\"\". The Wall Street Journal, 23 April 2012 You're not going to be able to capture that sort of a risk with raw budget numbers. It's hard enough to figure out creditworthiness for a business; for an entire nation it's even harder. That's why credit-rating firms, as faulty as they may be, employ dozens of people to try and figure this sort of thing out. Additionally, there is a currency risk associated with buying bonds denominated in foreign currencies. It doesn't matter much if $nation repays all its bonds if they have so much inflation that the repayment is worth half of what it used to be (nor is it much help if your own nation's currency rises in value while your investment's value is stable elsewhere). Ultimately the value of a bond is \"\"how much money am I actually going to get back?\"\" and while operating a budget surplus isn't a bad sign in and of itself, it's hardly the complete picture. A fair accounting of the relative creditworthiness of any two nations needs to unite two massive fields of study: Macroeconomics and Politics. It is possible that the right sort of degree in economics, risk management, or a similar field of study could prepare you to know exactly what sort of research is necessary to make a meaningful analysis. :) Now, if you just want some commentary on which bonds are safe to buy, ask a credit-rating agency -- for example, read Standard and Poor's sovereign ratings - or find a mutual fund which may invest in international bonds at its own discretion and have someone else make the decisions.\""}
{"_id": "331712", "title": "", "text": "You really need /r/personalfinance    These questions are not hard but not simple either. I think if this is your retirement money and you are retired, you should speak with a professional financial advisor. Find someone you trust, someone other people you know use. Do not follow anyone who promises guaranteed great returns. Find someone who is honest."}
{"_id": "331713", "title": "", "text": "Two of their children were adopted from an orphanage in Addis Ababa, Ethiopia. My brother and his wife would rather have 4 kids raised with a high level of care in relative poverty than fewer kids raised in wealthier circumstances. I'm sure if she worked full-time and the kids attended school it would be better for them financially, but they consider homeschooling to be hugely beneficial.  Staying out of poverty is a higher priority for my wife and I, which is why we work in offices and haven't had any children yet."}
{"_id": "331714", "title": "", "text": "In simple terms, this is how the shares are traded, however most of the times market orders are placed. Consider below scenario( hypothetical scenario, there are just 2 traders) Buyer is ready to buy 10 shares @ 5$ and seller is ready to sell 10 shares @ 5.10$, both the orders will remain in open state, unless one wish to change his price, this is an example of limit order. Market orders If seller is ready to sell 10 shares @ 5$ and another 10 shares @5.05$, if buyer wants to buy 20 shares @ market price, then the trade will be executed for 10 shares @ 5$ and another 10 shares @ 5.05$"}
{"_id": "331722", "title": "", "text": "There are a couple of things to consider here that are relevant to your situation:"}
{"_id": "331758", "title": "", "text": "It seems a bit late in the process, no? They moved in, you are elsewhere, etc. Today, the Prime Rate is 3.25%. I don't know enough to suggest whether this is fair to both parties. It's more than you'd earn in the bank, and less than they'd pay for a business loan. My own equity line is currently 2.5%, for what that's worth."}
{"_id": "331762", "title": "", "text": "How is relying on the benevolence of one rich guy a better system than a strong reliable central bank? What if J.P. Morgan decided not not to intervene in 1907, or bail out the gold standard in 1893. Banks will make stupid decisions whether there is a central bank or not. I would argue an organization dedicated to mitigating a crisis is a better option than some guys who may or may not help."}
{"_id": "331780", "title": "", "text": "\"I just want to make clear that the Fed saying this is much more significant than a pollster or other source. It gives it a great deal of credibility and makes it, in some way, the Fed's \"\"official\"\" stance on this.\""}
{"_id": "331786", "title": "", "text": "\"Yeah I find the mixture to be quite varied, with their comments actually making quite clear how moronic some are (\"\"we're data driven\"\" &lt;-- duh) while some of them are just another way of communicating something eminently sensible.  Things I've used that I don't feel bad at all for having used:      12. This is where the rubber meets the road = Don\u2019t screw up (it's a slightly less patronizing way of saying \"\"don't screw up\"\", though I've used the straight form as well)      32. At the end of the day\u2026. = OK, enough talking back and forth, we\u2019re going to do what I want to do (again, I could say what the translation is, but why not go with the slightly more subtle version?)         61. It\u2019s scalable = We can sell a lot of it in theory (I've seen a fuckton of things that are NOT scalable, so it's not an unreasonable thing to discuss)         Business clich\u00e9s quite often serve a real purpose in heading off conflict while communicating something quite painful in an inoffensive way. If they manage to head off conflict, obviously they start getting used a lot, which turns them in to clich\u00e9s, which starts a new sort of conflict until a new way of doing it is developed. This sort of thing keeps management consultants in business.\""}
{"_id": "331788", "title": "", "text": "\"&gt; 100% Chance of Crisis, Worse Than 2008: Jim Rogers  He also called it in 2011 that it was going to be 2012 or 13. He was wrong.  [\"\"In 2002 it was bad, in 2008 it was worse and 2012 or 2013 is going to be worse still \u2013 be careful,\"\"](http://www.cnbc.com/id/45219555)\""}
{"_id": "331813", "title": "", "text": "Once, back when I had a bank account, I tried to pay a large emergency dental bill with my debit card. It rejected it as it turned out the bill was less than a dollar over what I had in the account. I thought there was enough money so I tried again, 3 times. They charged me an overdraft for each attempt even though the debit never went through. This was without overdraft protection, as overdraft protection would have allowed the debit and charged me one overdraft. I don't know the details but federal regulations have changed how they do this.  To me overdraft protection rejects any debit that attempts to overdraft my account and doesn't charge me with an overdraft that didn't actually occur as a result of the charge being rejected, but that's not how it works."}
{"_id": "331823", "title": "", "text": "It's not intended to be the end all be all. It is intended to be a supplement in some areas, a primary source to be supplemented in other areas. With enough alternative sources put into place, it cuts the volume of hydrocarbons needed for current and future demand. With the technology ever evolving. In alternative generation and battery back up storage, it very well could lead to it being the end all be all in the future. I'm sure plenty of carriage makers and blacksmiths were having this same conversation around 1903."}
{"_id": "331835", "title": "", "text": "yes, you are double counting. Your profit is between ($7.25 and $8) OR ($7.75 and $8.50). in other words, you bought the stock at $7.75 and sold at $8.00 and made $0.50 on top. Profit =  $8.00-$7.75+$0.50 (of course all this assumes that the stock is at or above $8.00 when the option expires. If it's below, then your profit = market price - $7.75 + $0.50 by the way the statement  won't call me away until the stock reaches $8.50 is wrong. They already paid $0.50 for the right to buy the stock at $8.00. If the stock is $8.01 on the day of expiration your options will be executed(automatically i believe)."}
{"_id": "331836", "title": "", "text": "The IRS allows filers to attach a statement explaining the reason for late filing.  I have had clients do this in the past, and there has never been an issue (not that that guarantees anything, but is still good to know). Generally, the IRS is much more lenient when a taxpayer voluntarily complies with a filing requirement, even if it's late, than if they figure it out themselves and send a notice."}
{"_id": "331844", "title": "", "text": "Au d\u00e9but, vous allez acqu\u00e9rir un salaire organis\u00e9. De toute \u00e9vidence, offrir un Rachat Vehicule En Panne \u00e0 des mains chang\u00e9es pourrait pr\u00e9senter une proc\u00e9dure au sujet de laquelle vous ne recevriez pas d'argent pendant un temps formidable. Il est particuli\u00e8rement standard que le nouvel acheteur vous demandera de remettre le bit ou si rien d'autre ne tente de le mordre en morceaux"}
{"_id": "331850", "title": "", "text": "In order to compare the two, you need to compare your entire portfolio, which is not just how much money you have, but how much stock. In both scenarios, you start with (at least, but let's assume) \u00a320 and 0 stock. In your scenario, you buy 10 shares, leaving you with \u00a30 and 10 shares. You then sell it at \u00a31.50/share to cut your losses, leaving you with \u00a315 and 0 shares. That concludes the first transaction with a net loss of \u00a35. In a second transaction, you then buy 10 shares again at \u00a31/share, leaving you with \u00a35 and 10 shares. You are still down \u00a315 from the start, but you also still have 10 shares. Any further profit or loss depends on what you can get for those 10 shares in the future. In a short sale, you borrow 10 shares and sell them, leaving you with \u00a340 (your initial \u00a320 plus what you just made on the short sale) and -10 shares of stock. At the end of the contract, you must buy 10 shares to return them; you are able to do so at \u00a31.50/share, leaving you with \u00a325 and 0 shares. At this point, your exposure to the stock is complete, and you have a net gain of \u00a35."}
{"_id": "331863", "title": "", "text": "\"It's a nice thought, don't get me wrong. Pushing decision making power down to levels that can correct issues quickly is great; especially in smaller organizations. The big miss with this line of thought is that all of Tesla's 33,000 employees actually know who / where to go to solve their issues in the first place - they don't (nor do they in any large organization) which is why you have organizational structure.  Also - the author states at the end \"\"I worked for one non-profit with this environment and then consulted for a half dozen others; none of them had this sort of communication.\"\" I would have puked if I weren't laughing so hard - how that experience is relevant to the article regarding a large, for profit enterprise is beyond me. I am sure it impresses people at Starbucks though.\""}
{"_id": "331873", "title": "", "text": "I've worked at companies with free meals before and though the perk is nice, people eat way too much of it. Maybe it's a survival trait we held onto where if food is free we over eat it.     For example; my colleagues eat pretty healthy and so do I. But I like ice cream in the summer so every week I stock our work freezer with various ice cream sandwiches, drumsticks, etc. they're cheap so it's not a big deal but people who normally wouldn't eat ice cream are now eating Neapolitan sandwiches in the morning and another after lunch. It inspired others to start catering our mornings with coffee cakes and stuff. Everyone loves having this stuff around.   Now, nobody is unhealthy or overweight, they're managing it well. But just that example alone of providing free treats shows how willing people are to perhaps over indulge or engage in behavior they typically wouldn't. If you put free stuff in front of people they'll eat it even if it's not a normal part of their diet.   I think you're onto something here. If you know they'll overdo it, put the cheaper and healthier veggies on the front."}
{"_id": "331898", "title": "", "text": "Legally, I can't find any reason that the LLC could not lend money to an individual. However, I believe the simplest course of action is to first distribute money from your company to your personal account, and then make it a personal loan. Whether the loan is done through the business or personally, financially I don't think there is much difference as to which bucket the interest income goes into, since your business and personal income will all get lumped together anyway with a single person LLC. Even if your friend defaults on the loan, either the business or you personally will have the same burden of proof to meet that the loan was not a gift to begin with, and if that burden is met, the deduction can be taken from either side. If a debt goes bad the debtor may be required to report the debt as income."}
{"_id": "331908", "title": "", "text": "Seriously... People worry about what symbols are used or not used on their discount food while we have a lot bigger problems than a company's effort to stay neutral in religious matters need to get a life or choose matters that are more worthy of outrage. In a country where the majority is atheist or doesn't practice there are people who worry about this just sound very hypocritical."}
{"_id": "331925", "title": "", "text": "\"There are many people who have deductions far above the standard deduction, but still don't itemize. That's their option even though it comes at a cost. It may be foolish, but it's not illegal.  If @littleadv citation is correct, the 'under penalty of perjury' type issue, what of those filers who file a Schedule A but purposely leave off their donations? I've seen many people discuss charity, and write that they do not want to benefit in any way from their donation, yet, still Schedule A their mortgage and property tax. Their returns are therefore fraudulent.  I am curious to find a situation in which the taxpayer benefits from such a purposeful oversight, or, better still, a cited case where they were charged with doing so. I've offered advice on filings return that wasn't \"\"truthful\"\". When you own a stock and cannot find cost basis, there are times that you might realize the basis is so low that just entering zero will cost you less than $100 in extra tax. You are not truthful, of course, but this kind of false statement isn't going to lead to any issue. If it gets noticed within an audit, no agent is going to give it more than a moment of time and perhaps suggest, \"\"you didn't even know the year it was bought?\"\" but there would be no consequence.  My answer is for personal returns, I'm sure for business, accuracy to the dollar is actually important.\""}
{"_id": "331951", "title": "", "text": "&gt; The simple undeniable truth is that the Jews are at the root cause of all strife and misery and terrorism in the world today.  Never mind terrorism by Jews, it's much worse them using blood from gentile children for their rituals."}
{"_id": "331953", "title": "", "text": "\"There's numerous articles on how EI (Emotional Intelligence) is a higher-sought trait that IQ. High EI individuals also tend to hold leadership positions which results in higher pay.  IQ is important, but ask yourself \"\"WHY\"\" is it important? Is this intelligence truly being utilized in your role? Is this something people value purely because their parents and society have beated into their head that it's important? If you want to make more money, observe those around you making that money. What do they have that you don't? It's possible that the lower IQ individuals are doing better in life all around. Utilize that high IQ and ask \"\"Why???\"\" - then start looking and asking.  Just because it doesn't make sense doesn't mean it's wrong. Stay curious.\""}
{"_id": "331981", "title": "", "text": "Keep this rather corny acronym in mind. Business expenses must be CORN: As other posters have already pointed out, certain expenses that are capital items (computers, furniture, etc.) must be depreciated over several years, but you have a certain amount of capital items that you can write off in the current tax year."}
{"_id": "331984", "title": "", "text": "You'll see a hard inquiry for both, but not necessarily on all three agencies (Experian, TransUnion and Equifax). I have both the Amazon Chase and Amazon Store Card. Amazon Chase, is obviously through Chase bank. Amazon Store Card is through GE Money."}
{"_id": "331989", "title": "", "text": "Honest question, in UK, who pays the salary while the woman is on the maternity leave?  I bet it's not the employer.  If so, any cost concern is bullshit, and if the person (or rather a group thereof) can't step in effectively, the place has bigger issues stemming from poor management.  tl;dr: the only reason for this discrimination is that management is **bad**."}
{"_id": "332009", "title": "", "text": "Typically if the company is so out of whack that it's liquidating, it won't have assets to even cover all its debts never mind enough to return anything back to owners.  If there was any shot of the company continuing as an ongoing concern it would file an 11 and reorganize."}
{"_id": "332022", "title": "", "text": "\"Put it in a Vanguard fund with 80% VTI and 20% VXUS. That's what you'll let set for 10-15 years. For somebody that is totally new to investing, use \"\"play money\"\" in the stock market. It's easy for young people to get dreams of glory and blow it all on some stock tip they've seen on Twitter.\""}
{"_id": "332039", "title": "", "text": "Chinese culture is one of the very old cultures in the world, and Mandarin is used as a main language here. Knowing China without knowing mandarin is impossible. To become the master of mandarin you need an excellent learning school. We provide that facility in our learning classes."}
{"_id": "332046", "title": "", "text": "If you just took money and banking you should probably be aiming for the sales end of the job. The trading end they're going to want you to know about option spreads (I remember my old Prof said [this](http://en.wikipedia.org/wiki/Black%E2%80%93Scholes) was always good to know for finance interviews), annuities, financial statement analysis, and all that fun stuff. Either way flaunt your other skills and knowledge as well - accounting, technology, blah blah blah"}
{"_id": "332064", "title": "", "text": "It looks like you need a lot more education on the subject. I suggest you pick up a book on investing and portfolio management to get a first idea. Dividend yields are currently way below 5% on blue chips. Unlike coupons from fixed income instruments (which, in the same risk category, pay a lot less), dividend yields are not guaranteed and neither is the invested principal amount.  In either case, your calculation is far away from reality.  Sure, there are investments (such as the mentioned direct investments in companies or housings in emerging economies) that can potentially earn you two digit percentage returns. Just remember: risk always goes both ways. A higher earning potential means higher loss potential. Also, a direct investment is a lot less liquid than an investment on a publicly quoted high turnover market place. If you suddenly need money, you really don't want to be pressed to sell real estate in an emerging market (keyword: bid ask spread). My advice: the money that you can set aside for the long term (10 years plus), invest it in stock ETFs, globally. Everything else should be invested in bond funds or even deposits, depending on when you will need the access. As others have pointed out, consider getting professional advice."}
{"_id": "332066", "title": "", "text": "A $10,000 life insurance policy on a child only makes sense for a family that: Thus, it could make sense: Many families are in this financial situation.  A family in the combination of this financial situation and this emotional situation might be well served to seek religious counsel.  If they find ways to remember loved ones without expensive funerals, they could save money on insurance. Ironically, a much larger life insurance policy for a child might make more sense.  Look at it this way:  What is the replacement cost of a child? A family that has only one son (and any number of daughters), or a family that has only one daughter (and any number of sons), stands to lose an obvious part of their genetic and cultural legacy if they lose that son or daughter. It is expensive to conceive, bear, and raise a child to a particular age.  This cost increases as the child ages.  The number of years of child-raising cost obviously increases.  Also, the cost of conceiving another child can go from very small to very large (especially if fertility treatment or sterilization-reversal surgery is required). Unfortunately, most life insurance companies do not think of things this way.  I am not aware of any 100,000 - 250,000 dollar children's life insurance policies on the market."}
{"_id": "332069", "title": "", "text": "One reason might be the 100% margin requirement on long options.  Suppose I want to go long AAPL.   I could get a deep ITM call or buy shares. $12,700 for 100 shares, with it's 25% margin requirement is like around $3200 locked up cash.  Combine with a deep OTM Jan 2017 $70 strike put for $188, would give a $3400 margin requirement to enter the trade. or I could be in the JAN 2017 $70 strike for nearer $5800, but with a 100% margin requirement due to being a long call. So (3400/5800) = 59% increase in margin requirement for Deep ITM calls. Plus long term the shares will pay dividends, while a LEAP CALL does not."}
{"_id": "332080", "title": "", "text": "\"&gt;The job was to do only as I was told.  You must be a know-it-all who knows nothing.  And a \"\"Berkeley Study\"\" is going to be more biased than Fox News.  Poor little miserable you: Couldn't hack it and got shoved to the side. Get me a latte, pendejo.\""}
{"_id": "332095", "title": "", "text": "Do You Have a Fast Pace Lifestyle, With Little Time to Apply Makeup? Well Cosmetic Tattooing Melbourne is known as Permanent Makeup It Reduces Your Worries and Time of Applying Makeup\u2019s On Special Occasions. Call (03)90149576 for More!"}
{"_id": "332113", "title": "", "text": "You are in the perfect window for making an IRA contribution. The IRS allows you to make IRA contributions for last year until tax day. So you know that for 2014 you didn't have access to a 401K at work. You want to avoid making a deductible IRA contribution for this year (2015) until you are sure that you wont have a 401K at work this year. Take your time and decide if the detectible IRA or the Roth works best for your situation. Having a IRA now will be good becasue you have many years for it to grow. Keep in mind that it is not unusual to have multiple retirement accounts: Current 401K; rolled over into a IRA;  Roth IRA... Each has different rules, limits, and benefits. There is no reason to pick one way of investing for retirement becasue you never know if the next employer will have the type of plan you like. I am assuming that your spouse, if you are married, doesn't have access to a 401K; otherwise you would have to consider the applicable limits."}
{"_id": "332124", "title": "", "text": "In your situation, it sounds like the only added benefit would be insurance continuance.  For employees who can't access short-term disability it is a critical protection against losing their job. I just want to emphasize that given that you are in a pretty decent employment situation."}
{"_id": "332125", "title": "", "text": "\"We provide the old Indian motorcycle spare parts online in the world. On the earth, many people are loved for a vintage motorcycle. But old motorcycle spare parts getting the very difficult. If you are looking Vintage Motorcycles for Sale, then \"\"Geloman's Indian Spares\"\" is the best platform for you. You can book in your order online. We will provide you motorcycle With commitment time to minimum shipment charges.\""}
{"_id": "332136", "title": "", "text": "You understand that the Fed is *supposed* to make overnight loans to banks, that one of its primary jobs is to be a lender of last resort?  And yes, some were foreign banks; foreign subsidies of US banks or counter-parties to large US banks.  Near-zero, yes for course we're talking about *overnight* loans.  The current commercial rate for overnight euro LIBOR is 0.26179%, in other words, 0.0026, near zero OMG conspiracy!"}
{"_id": "332152", "title": "", "text": "Most 401k plans (maybe even all 401k plans as a matter of law) allow the option of moving the money in your 401k account from one mutual fund to another  (within the group of funds that are in the plan).  So, you can exit from one fund and put all your 401k money (not just the new contributions) into another fund in the group if you like.  Whether you can find a fund within that group that invests only in the companies that you approve of is another matter. As mhoran_psprep's answer points out, changing investments inside a 401k (ditto IRAs, 403b and 457 plans) is without tax consequence which is not the case when you sell one mutual fund and buy another in a non-retirement account."}
{"_id": "332153", "title": "", "text": "\u201cFor example,\u201d says the report, \u201c75-year solvency could be achieved by raising taxes or reducing benefits for new recipients by about one-fifth if we started today. However, if policy makers wait until 2034, payroll taxes would have to be increased by nearly one third and it would be impossible to achieve solvency solely from reducing benefits for new beneficiaries.\u201d    Social Security was enacted in 1935. Medicare was enacted in 1965. Life expectancy at those times was 61 and 70, respectively. Today, average life expectancy is 80.   Pushing the receipt age for these benefits makes the most sense and results in a two-fold savings, 1) benefits put into the system through additional payroll deduction and, 2) benefits are not taken out of the system."}
{"_id": "332159", "title": "", "text": "I'd put the 20% down, close on the house, live in it for a year, and save the difference.  If you find your cash flow is fine, run a calculation and start on a program of prepaying a bit of principal each month as an extra payment. If you study how amortization works, you'll understand that an extra payment of about 1/6 the amount due will knock off a full payment at the end. This is how a 30 year mortgage starts out. Meanwhile, you should keep in mind, it's easy to prepay the mortgage, but there's really no getting it back. So, before letting go of your money, I'd do a few things; I may be stating the obvious, but consider - No matter how low the payment on your mortgage, a payment is due each and every month until it's paid off. You put 80% down, take a 10 year mortgage, you still have payments for 10 years. You want to insure yourself against needing to sell in a hurry if you both lose your jobs, so whatever you put down, I'd recommend a healthy emergency account, 9-12 months worth of expenses."}
{"_id": "332160", "title": "", "text": "As Joe mentioned, you can carry a balance on your credit card for some grace period (typically 1 month). You will not be charged any interest if you pay your balance at the end of the grace period. I think of it as a way to get liquid immidieately for making purchases. For example, you want to make a large purchase but your funds are in some investment account which might take ~1 week to get to you. You can use the credit card to make the purchase and use that grace period to move your money from investments to checking account and pay for your purchase (without paying anything extra). This helps you keep your money invested and not having to keep large amounts in checking/savings account, which does not generate any returns."}
{"_id": "332161", "title": "", "text": "Except most people's insurance doesn't allow them to use their personal vehicles for business purposes.  If they had a package to be delivered in the car and get in an accident than insurance will not pay out anything."}
{"_id": "332166", "title": "", "text": "\"Seriously. Listen to everyone responding to you. What part of this is asking for advice? \"\"If any you want to come visit Siem Reap, Angor Wat temple please help me a job.\"\" He's literally asking people on this sub to hire him. That's like the definition of advertising. He asking people to use his services and pay him. He's not asking for advice. Not sure why you aren't deleting this post. It's super unfair that you'd allow this guy to get so much free advertising exposure, but not others.\""}
{"_id": "332175", "title": "", "text": "As a casual who just likes to keep up with the news when I see charts like this I'm not sure if I don't know enough to get it or if the chart is bullshit.   It makes me happy to see people call it bullshit."}
{"_id": "332194", "title": "", "text": "From the link you provided, it seems like it can be any payee, as long as the check isn't delivered to your own address. From my experience using three other banks with similar requirements (2 bill pays / month), as long as you initiate the bill pay from the bank's website, it should be okay. You can pay anything that you could pay with a check, such as utilities, rent, loan payments and credit card payments. Payments to friends and individuals is fine also, but it's a little bit of a hassle since you have to tell them what you're doing and ask for the money back, unless you really do owe them money. After three bills have cleared, you can send a secured message through their website asking if the requirement for the bonus has been met. I prefer secured messages to a phone call because it leaves a permanent record."}
{"_id": "332202", "title": "", "text": "&gt; Just curious, if your already at a BB how come you decided to go back for the MS and not an MBA?  No interest in management.  Far more interested in moving from market maker to a top 5 or top 10 HF trading/portfolio mgmt role.  Finishing up my CFA now so a MS is a bit of a last resort (basically, if I can't get in via networking and a CFA charterholder then I'll pursue a MS)"}
{"_id": "332203", "title": "", "text": "He also says if you just have $20,000 laying around it's a good idea to use that chunk specifically for investing in good ideas and start up. The problem is investing that much money is not something most people can do"}
{"_id": "332229", "title": "", "text": "Hey. Currently in treasury. It's good in some ways and bad in others. Every role has it's pluses and minuses.  Some basic thoughts are that you get to see a lot of the company. You get a cursory view of what everyone is doing, all the time, but you don't really ever get in depth views of any one area. It's a role that makes it easy to jump around industries because every large company has a treasury department, but it limits the size of the company you can join because a lot of small companies won't have one or will just have a cash person and not an actual department. You get to look at bond and commercial paper markets, if that's interesting to you. You get a lot of interaction with higher ups because cash is hugely important. You're the first to know if the company is gonna go bankrupt. It's a good place to learn the business if you end up wanting to move, but it's a pretty specific skill set and carries a decent amount of responsibility. It's one of the only corporate finance roles that's closer to front office than mid or back office.  If you are just joining corporate treasury, you'll probably start out doing cash management and forecasting, maybe doing short term liquidity and investment activity. After that, you would move into bond stuff, pensions/401k management, corporate finance stuff as opposed to the cash desk. After that, you'd probably get to be involved in stuff like long term planning and M&amp;A activity, which is the real cool shit.   That's what came off the top of my head. Do you have any specific questions?"}
{"_id": "332234", "title": "", "text": "My wild ass guess is that it will be a pair of voice controlled, connected headphones. *smartphones*, if you will, that aren't dependent on a phone in your pocket and targeted initially at sporty types and others who don't currently have a great way to listen to music and stay connected while keeping their eyes and hands free to do other things.  It's utility will grow over time as voice and natural language processing improves to the point where we'll be having casual conversations with our devices, but in the meantime so long as it's good for music, calls, texting, and monitoring vitals people will want it."}
{"_id": "332241", "title": "", "text": "The company provides the best online electronics and phone accessories. If you want to electronics product. Then you can visit our company website. This company has vast experience in manufacturing of various kin of electronics and phone accessories. Now this company has many happy customers all over the world. The main aim of this company is to provide best quality electronics products so that people will satisfy with the products and can use it for long a period of time.If you are looking for a good power bank for your phone or I pod then progressfactory is always best. You can easily collect some outstanding power banks, which are of different mAh. You can easily purchase your required power bank for its store."}
{"_id": "332243", "title": "", "text": "You have to wait for three (business) days. That's the time it takes for the settlement to complete and for the money to get to your account. If you don't wait - brokers will still allow you to buy a new stock, but may limit your ability to sell it until the previous sale is settled. Here's a FAQ from Schwab on the issue."}
{"_id": "332244", "title": "", "text": "There isn't a single universal way to reference a stock, there are 4 major identifiers with many different flavours of exchange ticker (see xkcd:Standards) I believe CUSIPs and ISINs represent a specific security rather than a specific listed instrument. This means you can have two listed instruments with one ISIN but different SEDOLs because they are listed in different places. The difference is subtle but causes problems with settlement Specifically on your question (sorry I got sidetracked) take a look at  CQS Symbol convention to see what everything means"}
{"_id": "332278", "title": "", "text": "One of the often cited advantages of ETFs is that they have a higher   liquidity and that they can be traded at any time during the trading   hours. On the other hand they are often proposed as a simple way to   invest private funds for people that do not want to always keep an eye   on the market, hence the intraday trading is mostly irrelevant for   them. I am pretty sure that this is a subjective idea. The fact is you may buy GOOG, AAPL, F or whatever you wish(ETF as well, such as QQQ, SPY etc.) and keep them for a long time. In both cases, if you do not want to keep an on the market it is ok. Because, if you keep them it is called investment(the idea is collecting dividends etc.), if you are day trading then is it called speculation, because you main goal is to earn by buying and selling, of course you may loose as well. So, you do not care about dividends or owning some percent of the company. As, ETFs are derived instruments, their volatility depends on the volatility of the related shares. I'm wondering whether there are secondary effects that make the   liquidity argument interesting for private investors, despite not   using it themselves. What would these effects be and how do they   impact when compared, for example, to mutual funds? Liquidity(ability to turn cash) could create high volatility which means high risk and high reward. From this point of view mutual funds are more safe. Because, money managers know how to diversify the total portfolio and manage income under any market conditions."}
{"_id": "332283", "title": "", "text": "\"Who would have thought...  + Lies after lies. Greatest american propaganda machine, telling their audience what they wanted to hear + Defending trump's inexcusable words/actions + Obsessing over Hillary, who is more irrelevant now than ever. Bringing her up everytime Trump does something stupid... \"\"BUT HILLARY....\"\" + Turning the NFL protest against police brutality into a controversy about not supporting the troops. Which apparently is less controversial than what trump said about McCain not being a war hero for being captured...? Or what he said about the muslim father/mother who lost their son that was a soldier? Or what he said to the families of the soldiers that died (False promises of $25k or the comment about \"\"he knew what he signed up for\"\")? + Trying to demonize Mueller for doing his cop duties. Saying Manafort is innocent and its all just a leftist plot to stop trump from doing his job. + Never mind defending trump when he said both sides are to blame in the whole Nazi protest, where a white supremacist killed Americans. + Praised trump for tackling the opoid crisis (which by the way he is doing nothing even remotely significant about) + Saying they are the party of christ, all the while saying bad things about the new pope for being \"\"liberal\"\" (even though Jesus himself was as liberal as it gets).  + Going full force against hollywood's \"\"leftest\"\" rapist while hypocritically defending their own rapists within their own organization.  + Overtly defending climate change deniers because of oil/gas lobbyists. + Defending criminals in their own party and saying both parties are the same when in reality... https://np.reddit.com/r/politics/comments/79b4z2/robert_muellers_office_will_serve_first/dp0khrf/  ....would have all ended up pushing their advertisers away.\""}
{"_id": "332314", "title": "", "text": "If you have income in the US, you will owe US income tax on it, unless there is a treaty with your country that says otherwise."}
{"_id": "332316", "title": "", "text": "This is ironic, because Softbank isn't even LTE-capable yet (or very limited in its offerings outside of major Japanese cities) and has ridicu-bad 3G network speeds in its home country. For reference, I'm living in Japan about ~50 minutes NE of Osaka.  Switched to au last week, and even in my relatively boonie-ish city, it's hilariously faster than Softbank.  Fix your home networks first, Softbank-kun."}
{"_id": "332319", "title": "", "text": "&gt; I can't believe no one has mentioned Detroit yet!  There's a reason for that: Detroit's lags far behind the competition.  &gt; University of Michigan.... The state is filled with good schools...  As far as educational attainment is concerned, metro Detroit is underwhelming. Many companies around here also have difficulty recruiting people to the area.   &gt;Detroit has an exploding urban core but also lots of space for new development right downtown.   Detroit is still well behind the curve in terms of development. I guess open land might be considered a mild positive, but Amazon would build in a suburb somewhere if that were the only concern.   &gt;It has a quickly diversifying economy  I've seen people make this assertion before, but I have yet to see even a shred of evidence supporting it. This city still lives and dies by auto."}
{"_id": "332323", "title": "", "text": "Stock trading (as opposed to IPO) doesn't directly benefit the company. But it affects their ability to raise additional funds; if they're valued higher, they don't need to sell as many shares to raise a given amount of money.  And the stockholders are part owners of the company; their votes in annual corporate meetings and the like can add up to a substantial influence on the company's policies, so the company has an interest in keeping them (reasonably) happy. Dividends (distributing part of the company's profits to the stockholders) are one way of doing so. You're still investing in the company. The fact that you're buying someone else's share just means you're doing so indirectly, and they're dis-investing at the same time."}
{"_id": "332324", "title": "", "text": "Use form W7 to apply for an ITIN. You'll need to qualify for any of the reasons stated there. If you don't qualify for any - you can't get an ITIN. From what you described it looks like your husband is not entitled for ITIN."}
{"_id": "332335", "title": "", "text": "You can simply use them to pay in a supermarket or anywhere else. Just give them the card and say \u2018put 1.23$ on this one please, and the rest I pay cash\u2018 or whatever. They might be annoyed when you have really many, but you can use up one every time you shop easily. For some cards, you do not even have to know the remaining amount, just say use it up. Note that supermarkets are preferable because they are typically used to that, and know how to handle it."}
{"_id": "332337", "title": "", "text": "So if you manage to save enough to have a $40k/year source of income, you would want to tax it heavily so they are forced into poverty for the rest of their retirement life?  I'd rather we just let people help themselves and not tax them into a bad spot so that we can help people"}
{"_id": "332338", "title": "", "text": "\"Where goes the Delta? To the sea, of course.  Your question is very valid and for once, I think most of the answers are too involved into mechanical details and are badly missing the big picture.  At the risk of over simplifying things, let me try to describe the situation in broad strokes: Inflation: the volume of money grows faster than production (including services).  Deflation: production increase faster than the volume of money.  Imagine an economy with 10 products and $10. 1 product = $1. In an inflationary scenario, money available increase: $20 for 10 products. 1 product = $2.  In a deflationary scenario, money available decrease: $5 for 10 products. 1 product = $0.5.  So far, it's pretty textbook. Now onto the stuff that you don't usually read in textbooks: Time.  Say 10 people are attending an auction, each with $10 bucks. 10 items are for sale. $100 and 10 items. Item price is $10. Now, if just before opening the bidding, you go around and give each person $40, every one has $50. Each product sells for $50. That's the picture people have of inflation. Prices have increased, but everybody has more money, so it comes down to the same thing.  Now, let's bring this example closer to reality: You have to distribute $400, so the total amount of money is $500, which means that the normal price of each item should be $50. Now, imagine that instead of giving money to everyone at the same time, you started by giving $40 to 1 guy who was hanging out in front. The auction starts. While you go around distributing the money, the first guy manages to buy 2 items at $10 each. Now, there is $480 in the market, and only 8 items, making each item $60 on average. The next guy to get money manages to snap 2 items at $15. 6 items left and $450 in play. Each item now costs $75....and keep increasing in price as things move along. People who get the money early buy items under their real value, and people who get paid at the end pick up the tab, because by then, there are only a few items left. Back to reality, while inflation means that wages eventually increase (and they do), actual purchasing decrease for most people due to this simple trick. Employees are pretty much at the end of the chain. Income tax Another major source of \"\"signal loss\"\" is income tax. It works by brackets, as you certainly know. Simplifying again because I am lazy: Take a guy who earns $100. Pays no taxes. Can buy 100 products at $1 each. Now, put in some inflation... He earns $500. He pays $50 in taxes and can buy 90 products at $5 each. By the time he earns $10,000, he can only buy 50 products on account of income tax. So this is another area where you are bleeding purchasing power, and why income tax, which was originally presented as a tax for the ultra-rich is now a fact of life for most people (except the ultra-rich, of course).  Money as debt Next stop: Money itself. Money is created as debt in our society. At the risk of over-simplifying things again, let's say Bank A has $1000 in assets. In the fractional reserve system (our current system), Bank A can lend out many times over that amount. Let's say $9,000, for a total of $10,000 (much more in reality). And of course, it lends that money at interest. When bank A has made $10,000 available through 10% interest loans, the total amount of money has increased by $10,000, but when the loans are paid back, $11,000 must be paid to the bank, so the net result of the operation is that $1,000 get taken out of the market.  This system explains why almost all companies and governments have huge debts, and why most of the world's large companies belong to financial institutions of some kind, and why most of the world's wealth rest in very very few hands.  To fully answer your question and provide details and references and names, one would have to write a book or 5. There is a lot more than can be said on the subject, and of course, all the examples given here are extremely simplified, but I think they illustrate the key issues pretty well.  Bottom-line is that our system is designed that way. Our economic system is rigged and the delta bleeds out on automatic.\""}
{"_id": "332357", "title": "", "text": "I imagine the F-35 is the front runner, followed by the Eurofighter. The cooperation with the US military in South Korea and the history with US defense contractors will definitely weigh in compared to the Eurofighter.   The benefit of a stealth fighter is definitely beneficial in the Korean peninsula. South Korea and the US remember vividly how hard it was to control the Air Space over Korea with the North Korean's better jet technology for the beginning parts of the Korean War. The SK want that advantage, especially if China eventually sells North Korea the J-20."}
{"_id": "332373", "title": "", "text": "As others have shown, if you assume that you can get 6% and you invest 15% of a reasonable US salary then you can hit 1 million by the time you retire. If you invest in property in a market like the UK (where I come from...) then insane house price inflation will do it for you as well. In 1968 my parents bought a house for \u00a38000. They had a mortgage on it for about 75% of the value. They don't live there but that house is now valued at about \u00a3750,000. Okay, that's close to 60 years, but with a 55 year working life that's not so unreasonable. If you assume the property market (or the shares market) can go on rising forever... then invest in as much property as you can with your 15% as mortgage payments... and watch the million roll in. Of course, you've also got rent on your property portfolio as well in the intervening years. However, take the long view. Inflation will hit what a million is worth. In 1968, a million was a ridiculously huge amount of money. Now it's 'Pah, so what, real rich people have billions'. You'll get your million and it will not be enough to retire comfortably on! In 1968 my parents salaries as skilled people were about \u00a32000 a year... equivalent jobs now pay closer to \u00a350,000... 25x salary inflation in the time. Do that again, skilled professional salary in 60 years of \u00a3125000 a year... so your million is actually 4 years salary.  Not being relentlessly negative... just suggesting that a financial target like 'own a million (dollars)' isn't a good strategy. 'Own something that yields a decent amount of money' is a better one."}
{"_id": "332414", "title": "", "text": "I don't see how it's that weird. If you have $40 worth of stock or $40 in cash it's essentially the same thing when measuring your wealth. The difference it that assets like stocks have more volatility in their value most the time.   As for Bill Gates, it's hard to hide too much wealth. If you hide money in your mattress and don't spend it it's really not useful as money. That's an over simplification but you see my point."}
{"_id": "332422", "title": "", "text": "This doesn't directly pertain to international transactions but may be relevant. I got an American Express gift card over the holidays, and I tried to use it at an online merchant. The card was declined because it failed address verification. I called American Express gift card services (number was on the gift card), and they knew immediately what the problem was and fixed it. They simply took my address and added it as a billing address on the card. I retried the payment and it went through right away. It may be worth calling the gift card company and asking them to simply add your billing address."}
{"_id": "332423", "title": "", "text": "My understanding is that age 60 is the magic time to buy Long Term Care Insurance. Younger and you'll save little to none on premiums and statistically never use it before age 60.  Older and it becomes more expensive and more likely that you won't qualify."}
{"_id": "332431", "title": "", "text": "\"Their quality has been going downhill for a long time and they were already behind in the hardware race. Thinner isn't always better, we've been losing battery life, cooling ability, power, and I/O ports for the sake of looking \"\"advanced\"\" and \"\"futuristic\"\".  Now that phones are literally bending because they are too thin and made out of weak materials, the average consumer will be able to put into context what many tech people have been saying for a long time. Apple is a scam based on being a part of the Apple club.  That said, the Apple club is still fucking huge and there is a lot of money to be made by abusing them.\""}
{"_id": "332435", "title": "", "text": "\"FTSE ethical investment index: http://www.ftse.com/products/indices/FTSE4Good \"\"The FTSE4Good Index is a series of ethical investment stock market   indices launched in 2001 by the FTSE Group.  A number of stock market   indices are available, for example covering UK shares, US shares,   European markets, and Japan, with inclusion based on a range of   corporate social responsibility criteria. Research for the indices is   supported by the Ethical Investment Research Services (EIRIS).\"\" -   Wikipedia\""}
{"_id": "332437", "title": "", "text": "Yea be a little careful about starting too early as well, late fall early winter is probably appropriate.  Make sure to practice as many item sets as you can.  For L2 I actually did a 3hr online class with Schweser once a week which helped keep me on track."}
{"_id": "332447", "title": "", "text": "\"Everything is fine.  If line 77 from last year is empty, you should leave this question blank. You made estimated tax payments in 2015.  But line 77 relates to a different way to pay the IRS.  When you filed your 2014 taxes, if you were owed a refund, and you expected to owe the IRS money for 2015, line 77 lets you say \"\"Hey IRS, instead of sending me a refund for 2014, just keep the money and apply it to my 2015 taxes.\"\"  You can also ask them to keep a specified amount and refund the rest.  Either way this is completely optional. It sounds like you didn't do that, so you don't fill in anything here.  The software should ask you in a different question about your estimated tax payments.\""}
{"_id": "332467", "title": "", "text": "You should sell all your stock immediately and reinvest the money in index funds. As of right now you're competing against prop trading shops, multinational banks, and the like, who probably know a teensy bit more about that particular stock than you do. I'm sorry, any other advice is missing the point that you shouldn't be picking stocks in the first place."}
{"_id": "332482", "title": "", "text": "\"As others have pointed out, it sounds like the problem isn't the accessibility of your money, the problem is willpower. So, address that instead. How?  Willpower is both a finite resource AND a resource that can be increased -- like muscle strength.  Since willpower is finite, break down the problem into as many pieces as possible, then address only one of those pieces at a time. \"\"Be more sensible with my money\"\" is nebulous, vague, and large; there's no place to start.  So break it apart: first thing is the one example in your question -- you go out on payday with friends/coworkers, intending to only buy a couple of beers (alcohol lowers willpower), and end up blowing through far more. So, what about making a rule to not go out on payday?  Nice idea, but that might still be too hard to do -- if you have a habit of going out with them on payday, then this has become your community, and you will feel the loneliness of not going out with them, as well as the social pressure from them to do as you've always done.  So, set up a different habit for that night, one that both involves the obligation of going there instead, and other people who will expect you to be there. Some examples would be a sport that happens to practice or compete on payday nights, or some charity that happens to need you at that time.  Once you've broken that habit (and exulted in the resulting fattening of your wallet), look for other, similar leaks. I'm going to guess that all your money gets spent on going out to pubs (as opposed, say, to buying bric-a-brac you don't need). If so, then you need to face that you've adopted a pub-going culture, and that your community has shrunk to just those kind of people. It may seem like you have a lot of people in your life, but if all it takes to lose connection to all of them is to stop going to pubs, then you really don't. Your human connections, essential for an enjoyable life, are too fragile, too singly focused. So if that's the problem, branch out. Diversify the communities you're part of. I've already mentioned sport; church is another good one -- I mean a living church, the kind where the people are always doing stuff together and it's fun to go to, not the other kind where everyone sits in a pew for an hour a week and rushes the exits as soon as possible. Other possibilities are reaching out to neighbors or becoming politically involved.  Hmmm... I started writing about willpower but I'm ending up at community. At your core, do you feel like if you didn't spend this way, that you wouldn't have any friends?\""}
{"_id": "332490", "title": "", "text": "I just want to clarify that accounting and finance are two very different fields and if you're looking into finance you should get a finance degree, not an accounting degree. It is much more versatile. Finance is forward-looking, accounting is backward-looking.  If you want to take online courses then take them from a reputable state school which offers them. Don't get a degree from an online-only school; even if they aren't a scam, you will have a degree from an online-only school."}
{"_id": "332514", "title": "", "text": "I don't wear a watch because I don't need another single-function device in my life. I can tell the time on my smartphone. I will, however, (likely) get an iwatch, or android counterpart.  It does more than just tell time - worth taking up a little physical real estate on my wrist."}
{"_id": "332529", "title": "", "text": "Well, you could get long kw/hr to effectively lock in your high rate, but not suffer from anymore shocks.  You could also (and this is what I would do) get short and activate change through a legal pursuit.  So, get short your light bill via kilowatt hour swaps, and hedge your downside with some longer-dated swaptions. I'm looking at the implied vol for these swaptions on my bloomberg -- it's looking surprisingly cheap.   As far as position sizing, we're looking at some notionals of about $200/month. A pretty large sum. Look into getting leverage through total return swaps or repo financing. Does that help?"}
{"_id": "332544", "title": "", "text": "\"In 1989 there were ~18 million visitors.  ~36 million achieved in 2003/2004.  That is 14 or 15 years.    To go from ~9 million to the ~18 million that visited before the \"\"change\"\" it took 14 years (~9 million in 1975)  So no it didn't double in under 10 years at any point between 1989 and today and in fact it hasn't doubled at all since 1990.  Been over 20 years now.    And when it did double it took the same amount of time it has always taken.\""}
{"_id": "332567", "title": "", "text": "You simply add the dividend to the stock price when calculating its annual return. So for year one, instead of  it would be"}
{"_id": "332574", "title": "", "text": "I'm implying that the wealthiest among is, including corporations, have been paying less in taxes than at anytime in recent history.  And still, the rich are getting an ever larger share to to income/wealth.  Progressive taxation is a good thing."}
{"_id": "332585", "title": "", "text": "I bet you also believe that the financial crisis is the fault of people who borrowed more than they could afford.  The mortgage brokers and banks are not at fault and its the dumb consumers who should have hired an attorney and an financial planner before singing any paperwork that got us into this mess."}
{"_id": "332593", "title": "", "text": "\"I fully understand that its getting harder to get cheaper food while still keeping it \"\"Good\"\" but when the food actually tastes good and the service is at least decent most people won't mind paying a little extra. It gets harder for me to feel bad when its a big chain like BWW.   Also what restaurants do you own, if yoy don't mind me asking?\""}
{"_id": "332605", "title": "", "text": "Yes, that's exactly what you can/should do. The only question is whether the 401(k) has good investment choices and low fees, if so, go for it."}
{"_id": "332626", "title": "", "text": "\"The IRS taxes worldwide income of its citizens and green card holders.  Generally, for those Americans genuinely living/working overseas the IRS takes the somewhat reasonable position of being in \"\"2nd place\"\" tax-wise.  That is, you are expected to pay taxes in the country you are living in, and these taxes can reduce the tax you would have owed in the USA.  Unfortunately, all of this has to be documented and tax returns are still required every year.  Your European friends may find this quite surprising as I've heard, for instance, that France will not tax you if you go live and work in Germany.   A foreign company operating in a foreign country under foreign law is not typically required to give you a W-2, 1099, or any of the forms you are used to. Indeed, you should be paying taxes in the place where you live and work, which is probably somewhat different than the USA.  Keep all these records as they may be useful for your USA taxes as well.  You are required to total up what you were paid in Euros and convert them to US$.  This will go on the income section of a 1040.  You should be paying taxes in the EU country where you live.  You can also total those up and convert to US$.  This may be useful for a foreign tax credit. If you are living in the EU long term, like over 330 days/year or you have your home and family there, then you might qualify for a very large exemption from your income for US tax purposes, called the Foreign Earned Income Exclusion.  This is explained in IRS Publication 54.  The purpose of this is primarily to avoid double taxation. FBAR is a serious thing.  In past years, the FBAR form went to a Financial Crimes unit in Detroit, not the regular IRS address.  Also, getting an extension to file taxes does not extend the deadline for the FBAR.   Some rich people have paid multi-million dollar fines over FBAR and not paying taxes on foreign accounts.  I've heard you can get a $10,000 FBAR penalty for inadvertent, non-willful violations so be sure to send those in and it goes up from there to $250k or half the value of the account, whichever is more.  You also need to know about whether you need to do FATCA reporting with your 1040.  There are indeed, a lot of obnoxious things you need to know about that came into existence over the years and are still on the law books -- because of the perpetual 'arms race' between the government and would be cheaters, non-payers and their advisors.  http://www.irs.gov/publications/p54/ http://americansabroad.org/\""}
{"_id": "332627", "title": "", "text": "If you want to farm credit card benefits, there are a few low-cost ways to do so:"}
{"_id": "332632", "title": "", "text": "\"&gt;Except they're not. Most of human history has been dominated by these societies. Think feudalism with a few nobility on top and a massive surf class below them.   But the differences in lifestyle were not as extreme as you (or others) would make them out to be.  In feudal times, everyone still froze their relative asses off in winter.  And the \"\"lords of the manor\"\" were only hurting themselves (and eventually killing themselves) if they attempted to starve their population of **serfs**.  Besides, when the population demographics inverted after the plague (and happening in the next few decades w/o a plague) the tables got turned.  &gt;The middle class and our current income distribution is a huge historical anomaly.  But mainly due to tapping a dense supply of energy, and even more due to the huge advances of technology and productivity.  The luddite attitude actually serves the people on the TOP (in maintaining an establishment status quo) -- tech tends to serve the people on the bottom.  The so called \"\"poor\"\" today -- provided they act and live in a financially *responsible* manner -- live a far better life now than in 1970; just as the poor in 1970 lived a much better life than those of 1930 (or 1890.. 1850.. 1810, etc).  I really couldn't care less whether Warren Buffet craps on a gold-plated toilet seat --  or if Sergei Brin has a custom built yacht with a helipad -- neither of those make ME any less wealthy in real terms.\""}
{"_id": "332656", "title": "", "text": "Apple very nearly died, taking all of those jobs and a future of iPods and iPhones and such with it.  Steve Jobs, at the very least, saved jobs, and probably created many as well.  Creating new products that people really want is the essence of progress."}
{"_id": "332657", "title": "", "text": "Is it correct that there is no limit on the length of the time that the company can keep the money raised from IPO of its stocks, unlike for the debt of the company where there is a limit? Yes that is correct, there is no limit. But a company can buy back its shares any time it wants. Anyone else can also buy shares on the market whenever they want."}
{"_id": "332660", "title": "", "text": "\"Audit department at one of the big four. I'm working in IB soon, but trust me, working in auditing was the mundane of the mundane. It was the \"\"nothing\"\" as you described, but much more repetitive. That internship made me not want to go into auditing and pushed me into the finance sector.\""}
{"_id": "332674", "title": "", "text": "If you can't afford it don't buy it, the next perfect house is just around the corner. The more time you spend researching and looking at houses, the increased chance you will find the perfect house you can afford. Also, here in Australia, we (the banks as well) factor in an interest rate rise of 2% above current rates to see if repayments can still be afforded at this increased rate."}
{"_id": "332675", "title": "", "text": "Not sure you are going to find anything like this in Excel - with the automatic lookup in specific. Microsoft has a template available; but it looks to be a pretty busy page. Why not look at other software?  If you have a PC, Quicken and Microsoft Money are of course the big guns.  You don't mention why you switched away from MS Money... There are many other packages as well.  The one that I use (but have no other financial interest in) is Moneydance as it was the best on Mac at the time I was looking.  It also runs on Windows and Linux."}
{"_id": "332679", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-05-31/u-s-slips-in-global-competitiveness-ranking-as-china-shoots-up) reduced by 77%. (I'm a bot) ***** &gt; The U.S. fell out of the top three in a global competitiveness ranking, as executives&amp;#039; perception of the world&amp;#039;s biggest economy deteriorated after Donald Trump&amp;#039;s election.  &gt; The U.S. slipped one spot to fourth in an annual ranking published by the IMD World Competitiveness Center, a research group at IMD business school in Switzerland.  &gt; The U.S. drop largely reflects survey results, as global executives questioned by IMD ranked the country lower in categories including government and business efficiency.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6epyee/us_slips_in_global_competitiveness_ranking_as/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~134240 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **ranks**^#1 **country**^#2 **U.S.**^#3 **economy**^#4 **World**^#5\""}
{"_id": "332684", "title": "", "text": "More like China steals Tesla IP and sells knockoff Teslas in China. They may not even try to sell in the US market since they've never successfully entered before. This is a win-win, Tesla gets access to the Chinese market where their Teslas will be superior for a long time, and if the Chinese brand gets good enough to enter the US market it's good for competition and innovation."}
{"_id": "332698", "title": "", "text": "Principle InfoTech is an SAP Gold partner offering implementation services for SAP BPC (Business Planning and Consolidation) to the organizations across the globe; we also specialize in migrating or upgrading your existing system into brand new version of SAP EPM 10. Principle InfoTech promises the best in class solutions with affordable pricing. To get more detailed information on SAP BPC and how it would be helpful to your organization."}
{"_id": "332719", "title": "", "text": "I would agree with the other answers about it being a bad idea to invest in stocks in the short term. However, do consider also long-term repairs. For example, you should be prepared to a repair happening in 20 years in addition to repairs happening in a couple of months. So, if it is at all possible for you to save a bit more, put 2% of the construction cost of a typical new house (just a house, not the land the house is standing on) aside every year into a long-term repair fund and invest it into stocks. I would recommend a low-cost index fund or passive ETF instead of manually picking stocks. When you have a long-term repair that requires large amounts of money but will be good for decades to come, you will take some money out of the long-term repair fund. Where I live, houses cost about 4000 EUR per square meter, but most of that is the land and building permit cost. The actual construction cost is about 2500 EUR per square meter. So, I would put away 50 EUR per square meter every year. So, for example, for a relatively small 50 square meter apartment, that would mean 2500 EUR per year. There are quite many repairs that are long-term repairs. For example, in apartment buildings, plumbing needs to be redone every 40 years or so. Given such a long time period, it makes sense to invest the money into stocks. So, my recommendation would be to have two repair funds: short-term repairs and long-term repairs. Only the long-term repair fund should be invested into stocks."}
{"_id": "332721", "title": "", "text": "Read the claim ticket or receipt for when you made the initial drop-off.  Every dry cleaning business that I've used in the USA has had a warning about damages or in case of loss. They always agree to reimburse up to a certain amount, usually $50 or $100 per item. This is standard in California, Arizona, New York and Florida, as best I can recall. You won't get the full amount, and you may or may not get the maximum, but the dry cleaner should give you some kind of cash recompense as a result of losing your clothing while they had it in their possession."}
{"_id": "332749", "title": "", "text": "I'd suggest you keep putting money in your savings account and start investing after you land that first big job. As another answer mentioned, unless you're fortunate enough to have all of your tuition and living expenses paid for, an emergency fund is an invaluable tool for a college student. And the bigger the better. Your laptop gets stolen or your car's air conditioner (or heater) dies -- both of these things happened to me in college -- and it would have been a much bigger deal for me if I didn't have some money tucked away."}
{"_id": "332751", "title": "", "text": "The US has had higher tax rates and has always had loopholes for the very wealthy to escape those taxes.   It is this simple. The productive investment of capital puts that capital at risk. Given the economic situation in the world, the risk of loss is high. If the risk is high and the taxes on profit are also high, investors will look for low risk investments. Low risk investments are not those that create jobs and grow the economy."}
{"_id": "332757", "title": "", "text": "\"Not really. It will mostly come down to his personality and if he takes it personally. Don't feel bad. If he doesn't have a necessary expertise that you don't, he's not the right partner for you.   Don't delay. It would have been better for you to nip it at the very beginning, but oh well. In the conversation, you'll have to mention his inexperience at some point. Buuuuut, try to make it more about you than him. Don't have the majority of the sentences be \"\"**You're** not this\"\" or \"\"**You** can't this\"\". Instead, make it about you and frame the reasons as an internal force you're grappling with. One that you can't fully control but must follow. \"\"**I** have this vision\"\" and \"\"**I** have been soul searching and doing research and now realize that **I** need full creative control\"\". If you've had any disagreements on serious issues about this business, use them. Mention them and talk about how uncertain the market is. That you might have to take an extreme turn, pivot the business, and that you don't want to listen to anybody or be beholden to anybody. Say you're being selfish but that you want to do it now to avoid conflict in the future.   Making the dynamic about you vs. a passionate irresistible drive that you must follow...rather than you vs. him should help a good deal. You want the business for yourself. You are correct in this desire. You can't hide that fact so don't cover up or lie about this point, but make the reasons not necessarily about him.   Mention high profile cases like Facebook and Tesla and how they split friendships up.\""}
{"_id": "332763", "title": "", "text": "The first part of your comment is clearly copy pasted (or parroted) from a cnn type news source i will however grant you the GOP has done an exceptional job with their propagandaand misinformation regarding the ACA, the left has done so as well. The 20 million people added to healthcare is a number they boast and brag about when they dont realize (from a study im having a hard time reproducing so take it with a grain of salt) roughly 65% of those people could afford health insurance prior to the aca just chose not to buy and because of the mandate were forced to. I also know that for me health insurance prior to the ACA was significantly lower roughly 50% cheaper and that doesnt even begin to touch the hikes a lot of people i know saw. So the big difference here is preference because we can both  pull information supporting our arguments and you may think youre morally superior to me for wanting to get everyone healthcare by any means necessary whereas i want to make it cheaper and give people the tools and resources to afford it instead of being reliant on theft to receive it.   &gt;However, I don't think they are the low tax haven that you think they are.  They have some of the lowest income tax rates in the world.Yes i would love to see 0 income tax rates but lower is always better.  &gt;I am now owner of a company that does R&amp;D and works with the government. A lot of my knowledge about inventions, and how commercial works with government comes from my own personal experiences.  While i do not own my own company or have anything to do with R&amp;D i can for a fact disprove your theory that   &gt;Anyone comes to this game with the presupposition that government can't get anything done as well as commercial quickly learns that is not true.  As i have and do work on many government contracted sites. Im in construction. And i can tell you from first hand experience the amount of wasted time and money on these sites is absolutely astounding. For instance i worked on a  government building a year and a half ago in the western half of the country, this building was meant to service Veterans. Not only was this building over budget by 100% it was also 2 years behind schedule, many people would say that this is the contractors fault but thats only partly true because in a private sector site these contractors wouldnt have lasted more than a month before being replaced. We have both seen the opposite side of the same coin. We both acknowledge the private sector does everything better (for the most part) the only difference is you like the funding to be public (of course you do you make a fucking killing on these government contracts) whereas i want the funding to be private. The private sector will always have a need to innovate and that need will always be filled with or without the government the only difference is the private sector wont keep throwing money at an unsustainable rate like the government does because if they dont see results its not worth funding.  Id also like to add you are near the same age as my father who also served in the military and i thank you for your service."}
{"_id": "332808", "title": "", "text": "I honestly don't see how this is any worse than games with in game purchases.  It takes a special person to fall for these kinds of things.  Generally that means older, less internet savvy consumers.  I'm not arguing that this is right, but it seems like this is singling out one of these shady companies.  There needs to be legislation enacted that addresses this conduct.  It is going to be hard for people who lost thousands of dollars to show that they truly didn't know any better.  Idk, weird issue.  The commercials for dealdash were sketchy at best."}
{"_id": "332812", "title": "", "text": "Depends on how close to her limits she is now -- it's entirely up to the bank."}
{"_id": "332826", "title": "", "text": "So far buying of own by own companies like Apple, is concerned it will surely raise the price of the script. At some level, the share prices are a factor of supply and demand at a given price. Apple being a very demanded script, its supply in the market goes down with the buy back. After a while, this will surely make the script price rise. It also depends at what price the buy back is affected. If the buy back is done at a right price, it will help the existing shareholder. If a very high price is paid, it will erode shareholders wealth.  Hence each buy back needs to be studies separately. There are several and at times complex variables which determines if the buy back is good for continuing shareholders or not."}
{"_id": "332832", "title": "", "text": "Your plan will probably work. I speak from past experience approx 5-10 years ago, when Lloyds used to offer tiered interest of up to 4% on \u00a35000 in their Vantage accounts. It was allowed for an individual person to have up to three Vantage accounts. The criteria for obtaining the headline interest rates were simply: What I, and many others, did was to set up three Vantage accounts, call them A, B, and C, and a standing order on each to transfer minimum amount + \u00a31 on the same day each month in this manner: This satisfied the letter of conditions, though perhaps not the spirit. Most importantly it satisfied the bank, and all three accounts received that headline interest rate. These days banks have got a little wiser to this and have started including the 'set up n direct debits' condition, which makes this a more time-consuming system to arrange - you must assign your various bills across your accounts - but I believe that the overall plan still works. They don't care where the money comes from, or whether it stays - just that it comes in. Enough people get it wrong that they don't have to worry about the few who get it perfectly right (see also: how 0% balance transfer offers can be profitable...)"}
{"_id": "332837", "title": "", "text": "\"Why are you labeling people who criticize you as trolls? Anomander wrote a response that included more insight than your article. He said that you're writing style was a little weak but essentially agreed with you. Instead of accepting his insight and perhaps building on his response, you called him out for accidentally leaving the \"\"s\"\" off of she.  That kind of pedantry more closely resembles troll like behavior. You instantly went into defense mode, saying how experienced and successful you are and that people don't know what they're talking about. Your comments aren't getting downvoted because people are jealous of your success, but because you're acting like a self-righteous, know-it-all toddler.\""}
{"_id": "332846", "title": "", "text": "\"A house is a funny kind of investment. Normally when you invest, you do it to make money. The return on a house, though, isn't principally real money, it's the imputed rent - money that you would have needed to pay to rent the house. The thing about this imputed rent is that you consume it right away. Getting a bigger house and putting more money into it doesn't save you any money, it's just a way to consume more \"\"house\"\" - so, unlike regular investing, it's not really responsible and doesn't contribute to your financial well-being.\""}
{"_id": "332853", "title": "", "text": "\"Why do I like not having a planet 100% covered in salt water, with no land or fresh water? Gee, I am glad you had to ask.  Globalization has been happening since before the USA declared independence, it has been happening for the past few decades within the USA, and it has nothing to do with any type of market (free, capitalistic, socialist, communist, command economy). You can't credit \"\"capitalism,\"\" with the reason the USA was so fiscally successful, when there was gold, lumber, furs, practically free tobacco and cotton thanks to slave labor, etc. It was a free-for-all in the new world, and has grown exponentially, since.  I can hope to have a voice in whether we're living in the final 100 years of life on earth with dry land and clean air.  I am not going to be able to refute any economic philosopher taught in grad schools across the USA, whether they espouse a command economy, capitalism, socialism, anarchy, or any other option. I am sure you liked Ricardian Theory and your professor very well.\""}
{"_id": "332855", "title": "", "text": "\"Regardless of the source of the software (though certainly good to know), there are practical limits to the IRS 1040EZ form.  This simplified tax form is not appropriate for use once you reach a certain level of income because it only allows for the \"\"standard\"\" deduction - no itemization.   The first year I passed that level, I was panicked because I thought I suddenly owed thousands.  Switching to 1040A (aka the short form) and using even the basic itemized deductions showed that the IRS owed me a refund instead. I don't know where that level is for tax year 2015 but as you approach $62k, the simplified form is less-and-less appropriate.  It would make sense, given some of the great information in the other answers, that the free offering is only for 1040EZ.  That's certainly been true for other \"\"free\"\" software in the past.\""}
{"_id": "332858", "title": "", "text": "Your county wants the fee to record your newly owned house into the public record. Congratulations on the new wave of junk mail you are going to get  =)"}
{"_id": "332877", "title": "", "text": "Typically in GnuCash, account balances that exist at the beginning of the time you're keeping records for are balanced by entries in an Equity account \u201cEquity:Opening Balances\u201d, which is part of the default set of accounts created for you. This account is really just a placeholder so that everything balances, and that's perfectly normal. So, just enter \u201cEquity:Opening Balances\u201d as the \u201cother entry\u201d when entering the first, opening balance, transaction in your Liability account for the loan. If you have not already created the liability account, then just use the \u201cOpening Balance\u201d tab of the New Account window to enter the initial balance as you create the account.  (Disclaimer: I have no formal knowledge of accounting; I just use GnuCash and read the users' mailing list.)"}
{"_id": "332901", "title": "", "text": "It is the first time I encounter redemption programme and I would like to know what are my options here You can hold on to the shares and automatically receive 2.25 SEK per share some time after 31-May; depending on how fast the company and its bank process the payouts. Alternatively you can trade in the said window for whatever the market is offering. how is this different from paying the dividend? I don't know much about Sweden laws. Structuring this way may be tax beneficial. The other benefit in in company's books the shareholders capital is reduced. can I trade these redemption shares during these 2 weeks in May? What is the point of trading them if they have fixed price? Yes you can. If you need money sooner ... generally the price will be discounted by few cents to cover the interest for the balance days."}
{"_id": "332916", "title": "", "text": "I believe one of the main reasons cars -- luxury or otherwise -- depreciate so quickly is that many auto accidents can cause serious engine/frame damage but are easily cosmetically repaired.  If you smash up the car but get the body fixed, and you don't go through insurance, it will be indistinguishable from the same car that hasn't been in a crash."}
{"_id": "332924", "title": "", "text": "\"I recommend avoiding trading directly in commodities futures and options.  If you're not prepared to learn a lot about how futures markets and trading works, it will be an experience fraught with pitfalls and lost money \u2013 and I am speaking from experience. Looking at stock-exchange listed products is a reasonable approach for an individual investor desiring added diversification for their portfolio.  Still, exercise caution and know what you're buying. It's easy to access many commodity-based exchange-traded funds (ETFs) on North American stock exchanges.  If you already have low-cost access to U.S. markets, consider this option \u2013 but be mindful of currency conversion costs, etc. Yet, there is also a European-based company, ETF Securities, headquartered in Jersey, Channel Islands, which offers many exchange-traded funds on European exchanges such as London and Frankfurt.  ETF Securities started in 2003 by first offering a gold commodity exchange-traded fund. I also found the following: London Stock Exchange: Frequently Asked Questions about ETCs.  The LSE ETC FAQ specifically mentions \"\"ETF Securities\"\" by name, and addresses questions such as how/where they are regulated, what happens to investments if \"\"ETF Securities\"\" were to go bankrupt, etc. I hope this helps, but please, do your own due diligence.\""}
{"_id": "332926", "title": "", "text": "Dental implants are used in conjunction with restorations, such as crowns, bridges and dentures, to replace one or more missing teeth. To learn more about the benefits of dental implants at our Woodbury dental office, Tamarack Hills Family Dentistry is only one call away. Simply dial (651) 964-3747."}
{"_id": "332937", "title": "", "text": "\"In addition to individual stocks, your entire portfolio will also have a beta.  It would be equal to the weighted sum of the individual asset betas  So a beta portfolio of 1 would have approximate risk equal to a market index. You would use this to construct a risk level that you were comfortable with, given the expected return of the individual assets.  You are also interested in obtaining a high level of \"\"alpha\"\" which means that your portfolio is earning more than what would be expected, given it's level of risk.\""}
{"_id": "332938", "title": "", "text": "\"I take it you have nearly zero expenses, since you don't mention any savings and with your income you wouldn't have much left over for investing. At your level of income, any actual investing is either going to unwisely reduce your cash available should you need it (such as investment in mutual funds, which often have minimum investment periods of 2-6 months or more to avoid fees), or cost you a high percentage of your income in commissions (stock trading). So, I wouldn't recommend investing at all \u2014 yet. I find Dave Ramsey's baby steps to be very good general money management advice.  Here is how I would adapt the first three steps to your income and stage in life. Beyond this, Dave recommends saving for retirement, college (for kids) and paying off your house early.  These things are a little beyond your stage in life, but it would be good to start thinking about them. For you, I recommend following DJClayworth's advice to \"\"invest in yourself\"\".  Specifically, plan to get through college debt-free.  Put away money so that you have a head start once you do have living expenses \u2014 save for a car, save money for rent, etc. so that you don't have to live month to month as most people do starting out. So, what this boils down to: Put away every cent you have, in a savings account.\""}
{"_id": "332979", "title": "", "text": "Almost every bank has some kind of financial statement analysis to give a credit score to small companies asking for credit. Then the account manager will decide either to refuse because the credit score is too low or allow it and justify why he conceded credit"}
{"_id": "333001", "title": "", "text": "The apartment complex is satisfied because they have a clear company to go to in case of a problem.  However, this has nothing at all to do with your belongings. Renters insurance will cover the people listed on the policy.  If you aren't listed, then you and your stuff isn't covered.   This would imply that the simple fix is to have you listed on her policy.  However, there are additional concerns.  Namely that you aren't married.  Let's take a Worst case scenario: she initially puts you on the policy, then later you guys get into a fight because you flirted with her girlfriend.  She calls the company, drops you off the policy and, at some no doubt diabolical point, sets your clothes, the tv, and whatever else you own on fire in your parking space. - Probably a bit drastic, hopefully you weren't wearing those clothes at the time.  Point is: you aren't covered.  Sure you could sue her, but then it just gets even more messy. It's better for you to acquire your own policy.  As she has her own, you wouldn't need to include her.  Once nuptials are tied (if ever) then consolidate.  However, you two break it off then, well, this is one less thing to worry about."}
{"_id": "333004", "title": "", "text": "First of all kudos to you for seeing the value in saving at a young age. There are several different things you can mean by this and I'm not sure which is accurate so I am going to address the first two that I thought of. If you are selling your investments because you need the money (emergency expenses, saved enough for a short term goal, whatever the reason) then this may not be the best solution for your savings.  Investing in mutual funds, ETFs, stocks, 401k, IRA, etc are typically for longer term goals such as a goal that is 10+ years away (maybe buying a home, paying for college for your children, retirement, etc). If you are selling your investments because you believe that another investment is performing better and you want to get in on that one instead what I would suggest is leaving the money you have invested where it is and starting future investments in the new fund/ETF you are interested in.  For example if you have $2000 invested in fund X and now you do some research and fund Q looks more appealing that is great, start investing in fund Q with your next deposit.  Any research you do will be based on past results, there is nothing that guarantees that fund Q will continue doing better than the fund X you already have.  Trying to time the market rarely ends well for the investor. I would encourage you to continue saving money a bit at a time just like you have been doing.  Avoid selling your investments until it is time to sell them for whatever goal you intended them for.  Set aside some cash to cover any unexpected expenses so you won't have to sell your investments to cover the costs, even at 18 unplanned things happen."}
{"_id": "333009", "title": "", "text": "Yep.  Plenty of things could be done (procurement / FAR reform and streamlining, increase small business set-asides, greater transparency in forecasts, fully fund tech modernization efforts, empower the 18F/USDS people) but I doubt they were discussed.  This wasn't really about improving government IT."}
{"_id": "333019", "title": "", "text": "You are right in saying that you cannot go over limit on (most) credit cards, however, with a debit card the majority of banks will extend an overdraft to you if your account goes overdrawn (less than 0). The amount of overdraft extended will depend on your credit rating and standing with the bank and may not be extended if they think that the amount is too large or that you are a credit risk. The drawbacks of overdrafts are that they are very expensive usually having a fixed fee for going into overdraft and charging a high rate of interest. If this overdraft has not been prearranged with the bank these costs are usually much higher."}
{"_id": "333023", "title": "", "text": "I faced something similar for travel or work reasons, and as for me I preferred wire transfer over credit card withdrawals because my bank has huge fees. My thoughts so far are: the fee can vary a lot for credit card. As for me, I can expect 5% fees on foreign withdrawals. But I considered changing bank and I think a Gold (or premium) card might be a good idea as well. The idea is you pay a big subscription (100 euros or so) but have no fee. The total of withdrawal fees could easily (if you stay long abroad) reach this amount. There are also banks like HSBC that offer low fees on withdrawals abroad, you can ask them. The problem is that you cannot really withdraw huge amounts to lower the fee (since you carry this cash in the street). for wire transfers the total fee is usually $50 or more (I had a fee from distant bank, a fee for change and a fee in my home bank). But the amount is unlimited (or high enough to be of little matter) and I needed to do this once per year or so. So I guess it could be interesting if you have enough savings to only transfer money every couple of months or so. I think Western Union is also involved this profitable business. I never used it because the fees are pretty high, but maybe it is useful for not too big amounts frequently transfered. Actually, have you considered a loan? It's a very random idea but maybe you can use a loan as a swap and then transfer money when you have enough to reimburse it all. But the question is very interesting, I think the business is pretty huge due to globalization. It is expensive because some people can make a lot of money out of it."}
{"_id": "333033", "title": "", "text": "He's going to change a lot of things in this world, I'll admit to that, but he doesn't have the integrity to change business. He doesn't have the love and passion that's needed to take a business from the idea stage through to realising its existence using monetary influence.   I have my own business, and I'm torn between wondering if I would accept an investment from him. It would be money, yes, but it wouldn't be passion."}
{"_id": "333034", "title": "", "text": "Attempting to treat every BU as a profit center is doomed for failure.   Some of the record keeping for charge back models are good for data collection and any BU that primarily acts as a profit center can easily do charge backs with other BUs that utilize their services (say a publishing company asking the BU in charge of printing to provide some internal material). If the business function is not a core competency and is not a profit driver it is a cost center and should be treated as such.   For cost center based BUs record keeping, budgeting and controlling your commitments are key however you have a higher chance of being jerked around in some scenarios, this really comes down to the kinds of leadership around the BU."}
{"_id": "333041", "title": "", "text": "An addition to the other answers more than a real answer I suspect. Note that fees are not the only way that you pay for foreign exchange; where no foreign exchange fee is charged the issuer makes it back by giving an appalling spread on the rate. Be very careful not to go for a card that has no fees but an exorbitant spread. I personally would open a CAD denominated account in Canada and convert a larger amount into that account when CAD is historically weak. The spreads will be better that way but don't attempt to use it to mitigate exchange rate risk or to trade the two currencies for profit as that way madness and penury lie."}
{"_id": "333042", "title": "", "text": "\"You get to determine who gets help and who doesn't and how much. Even if you are a perfectly benevolent person and have never shown favor to one person over another because of how you felt or any other reason. That does not mean all of your co-workers are just as benevolent. I bet you know at least one \"\"questionable\"\" person related to your office. At least one \"\"favor\"\" for a friend or a co-workers friend.\""}
{"_id": "333044", "title": "", "text": "Tr\u1ea7n gi\u1ea3 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c l\u00e0m t\u1eeb v\u1eadt li\u1ec7u kh\u00e1c nhau bao g\u1ed3m c\u1ea3 th\u1ea1ch cao, kho\u00e1ng ch\u1ea5t v\u00e0 kim lo\u1ea1i. Ch\u00fang t\u00f4i chuy\u00ean l\u1eafp \u0111\u1eb7t tr\u1ea7n sai b\u1eb1ng c\u00e1ch t\u1ea1o ra c\u00e1c thi\u1ebft k\u1ebf s\u00e1ng t\u1ea1o v\u00e0 \u0111\u1ed9c \u0111\u00e1o m\u00e0 ho\u00e0n to\u00e0n ph\u00f9 h\u1ee3p v\u1edbi thi\u1ebft l\u1eadp trong nh\u00e0.  Cung c\u1ea5p t\u1eeb c\u00e1c nh\u00e0 cung c\u1ea5p \u0111\u00e1ng tin c\u1eady v\u00e0 ch\u00ednh x\u00e1c c\u1ee7a ch\u00fang t\u00f4i, th\u1ea1ch cao gia re \u0111\u01b0\u1ee3c cung c\u1ea5p c\u00f3 kh\u1ea3 n\u0103ng cung c\u1ea5p ho\u00e0n thi\u1ec7n b\u1ec1 m\u1eb7t xu\u1ea5t s\u1eafc v\u00e0 s\u1ee9c m\u1ea1nh t\u00e1c \u0111\u1ed9ng t\u1ed1t. Ph\u1ea1m vi cung c\u1ea5p c\u1ee7a ch\u00fang t\u00f4i v\u1ec1 d\u1ecbch v\u1ee5 th\u1ea1ch cao bao g\u1ed3m \u00e1o tr\u1ef1c ti\u1ebfp v\u00e0 \u00e1o kho\u00e1c tr\u1ef1c ti\u1ebfp t\u1ed1i cao v\u00e0 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c d\u1ec5 d\u00e0ng availed v\u1edbi m\u1ee9c gi\u00e1 r\u1ea5t c\u1ea1nh tranh."}
{"_id": "333050", "title": "", "text": "\"My gut is to say that any time there seems to be easy money to be made, the opportunity would fade as everyone jumped on it. Let me ask you - why do you think these stocks are priced to yield 7-9%? The DVY yields 3.41% as of Aug 30,'12.  The high yielding stocks you discovered may very well be hidden gems. Or they may need to reduce their dividends and subsequently drop in price.  No, it's not 'safe.' If the stocks you choose drop by 20%, you'd lose 40% of your money, if you made the purchase on 50% margin. There's risk with any stock purchase, one can claim no stock is safe. Either way, your proposal juices the effect to creating twice the risk.  Edit - After the conversation with Victor, let me add these thoughts. The \"\"Risk-Free\"\" rate is generally defined to be the 1yr tbill (and of course the risk of Gov default is not zero). There's the S&P 500 index which has a beta of 1 and is generally viewed as a decent index for comparison. You propose to use margin, so your risk, if done with an S&P index is twice that of the 1X S&P investor. However, you won't buy S&P but stocks with such a high yield I question their safety. You don't mention the stocks, so I can't quantify my answer, but it's tbill, S&P, 2X S&P, then you.\""}
{"_id": "333059", "title": "", "text": "If you are looking to begin living off the money now, then Dheer's answer is correct - it is not possible. However, if you are looking to grow that money (and potentially additional money added at later dates), then you could make this work. 250 a month corresponds to 3000 per year. A first approximation is that you will need a diversified portfolio of 20-25x that amount (60k-75k) to get the required return. This approximation is based on the rule of thumb for how much life insurance to buy. Therefore you need to determine how to grow the 4k you currently have into 60-75k. These numbers, however, are not adjusted for inflation. In the US I would like put the long term inflation adjust diversified market return at 4% per year (your money doubles about every 18 years). So your best approach if you have time is a diversified portfolio with rebalancing and adding additional money each year."}
{"_id": "333096", "title": "", "text": "I want to say those are safe beause of SSL.  However I know that isn't true because someone got caught issuing a master SSL certificate that let a company forge any other SSL certificate. It only worked within that company, but it proves that it is possible."}
{"_id": "333097", "title": "", "text": "\"You sure can.  If you are not part of the union you essentially are negotiating on your own.  Many districts simply offer the same contract to make it easy and less of a logistical headache.  No, an employer would not refuse employment, unless it was a \"\"closed shop\"\" which requires union membership.  That varies on the state and the profession.\""}
{"_id": "333102", "title": "", "text": "\"One description of what happened is at 401(k) Plan Fix-It Guide.  The issue is the plan was \"\"Top Heavy,\"\" i.e. those making a high income were making disproportionately larger deposits than the lower paid employees. As the IRS article suggests, a nice matching deposit from the employer can eliminate the lower limit caused by the top heavy-ness.  Searching on [top heavy 401(k)] will yield more details if you wish to research more.\""}
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{"_id": "333119", "title": "", "text": "\"According to [AppData](http://www.appdata.com/) a quarter of a billion people play Zynga games per month. Not exactly sure how that constitutes \"\"waning.\"\"   The reason these games are popular is that they are basic and easy to understand and progress. The reason your walls are polluted with Farmville posts is the very reason social gaming is real-- people who play are addicted as smokers. You'll see more and more in game advertising happen for a few reasons: It's easy to track, the audience is captive (can't DVR and fast forward through ads), and it's easy to microtarget your intended audience.  Plus once real money online gaming comes (and it's only a matter of time) ZNGA will be the go to company. Don't get caught in the negative hype.\""}
{"_id": "333122", "title": "", "text": "&gt; A short position also loses money if the stock just appreciates more slowly than the broader market, which is one way an overvaluation can correct itself.  Is there a derivative based on the literal second derivative (acceleration) of the stock price? If so, you'd be able to short those, yes?"}
{"_id": "333126", "title": "", "text": "That doesn't happen often though, where people travel more than 200 miles.  I think it will be awhile before we get 10min fillups... But we already have 30min for 90miles (Chevy bolt) so even that will usually get you where you need to go."}
{"_id": "333140", "title": "", "text": "You can rehypo securities which are regulated by the SEC. No funding ladder with any counter party will Accept non-security assets (which loans btw aren't securities like bonds). We see the same in the broadly syndicated loan market.   TRS loan facilities are just now developing into more mature vehicles to the point where banks are structuring collateral upgrades through writing fully funded participations to SPV's  and borrowing treasuries from a counter party who has a lien against the SPV (oc'd of course) but that's a bespoke and uncommon solution. Most banks are still funding these TRS facilities with unsecured funds.   The repo market is ultimately the robust and tradional means of securing funding against loan assets. Middle market and broadly syndicated repo are most common but ABS desks will often times reverse repo while loans or asset backed loans in addition to their normal warehousing businesses."}
{"_id": "333149", "title": "", "text": "Interchange fees. Every time a customer buys something on credit, the seller pays a fee. They're not allowed to itemize that fee and pass it on to the buyer, but they can offer a cash payment discount.  In short, rewards cards are a system of collective bargaining for buyers versus sellers. Some argue it drives prices up for everyone who isn't a cardholder, but I think the evidence is mixed."}
{"_id": "333184", "title": "", "text": "Usually Bonds are used to raised capital when a lender doesn't want to take on sole risk of lending. If you are looking at raising anything below 10m bonds are not a option because the bank will just extend you a line of credit."}
{"_id": "333219", "title": "", "text": "\"All of the provided advice is great, but a slightly different viewpoint on debt is worth mentioning. Here are the areas that you should concentrate your efforts and the (rough) order you should proceed. Much of the following is predicated upon your having a situation where you need to get out of debt, and learn to better budget and control your spending. You may already have accomplished some of these steps, or you may prioritize differently. Many people advise prioritizing contributing to a 401(k) savings plan. But with the assumption that you need advise because you have debt trouble, you are probably paying absurd interest rates, and any savings you might have will be earning much lower rates than you are paying on consumer debt. If you are already contributing, continue the plan. But remember, you are looking for advice because your financial situation is in trouble, so you need to put out the fire (your present problem), and learn how to manage your money and plan for the future. Compose a budget, comprised of the following three areas (the exact percentages are fungible, fit them to your circumstances). Here is where planning can get fun, when you have freed yourself from debt, and you can make choices that resonate with your individual goals. Once you have \"\"put out the fire\"\" of debt, then you should do two things at the same time. As you pay off debt (and avoid further debt), you will find that saving for both independence and retirement become easier.  The average American household may have $8000+ credit card debt, and at 20-30%, the interest payments are $150-200/month, and the average car payment is nearly $500/month.  Eliminate debt and you will have $500-800/month that you can comfortably allocate towards retirement. But you also need to learn (educate yourself) how to invest your money to grow your money, and earn income from your savings. This is an area where many struggle, because we are taught to save, but we are not taught how to invest, choose investments wisely and carefully, and how to decide our goals.  Investing needs to be addressed separately, but you need to learn how. Live in an affordable house, and pay off your mortgage.  Consider that the payment on a mortgage on even a modest $200K house is over $1000/month. Combine saving the money you would have paid towards a mortgage payment with the money you would have paid towards credit card debt or a car loan. Saving becomes easy when you are freed from these large debts.\""}
{"_id": "333225", "title": "", "text": "\"It's not that this is *just* one case though.  This is one case immediately *after* a widespread issue serious enough for them to close all of their locations. This is a case when they've just recently \"\"addressed the issues\"\" and are now on their best-behavior.  I didn't think twice about eating there after the initial issues... This makes me reconsider.\""}
{"_id": "333231", "title": "", "text": "I don't think that it's a given that Facebook can't continue to make money. I rarely quick at ads on Reddit either, but I do assume that they make some kind of money.   The income from Zynga etc. probably aren't sustainable either, but that doen't mean that it will disappear completely.  But neither is it unimaginable that the attempt to become sufficiently profitable to sustain the current shareprice will backfire and kill the company."}
{"_id": "333244", "title": "", "text": "I don't count bonuses because they fluctuate from 5% to 200% which depends, up to 50%, on how the company does as a whole, not just how well you perform. Can't count on something like that. The guys I see working 70+ hours are the ones that end up with the big bonuses and great jobs without having to go to a top program after work.   Anyway, best of luck to you in your career. It seems like you know what you need to do."}
{"_id": "333245", "title": "", "text": "Actually, we make the special event with our professional florist who always design the stylish flower gift with fresh flowers. We have a large stock of the flowers bouquets. We deliver the freshest flower every day to our customers. Find some beautiful flowers in Australia and gift your girlfriend with a pretty flower bouquet or flower vase to kick start her day with those. There are many online shopping in Australia that provide the online delivery of all the pretty flowers and petals directly to your girlfriend\u2019s doorstep. Personalized todays flowers gifts like the personal notebooks are also a very great idea that makes your special person feel more special. This can be designed by printing his/her favorite items on the cover of the notebook and also make your special person realize the importance you are giving to them in your life."}
{"_id": "333265", "title": "", "text": "Common financial advice is just that - it is common and general in nature and not specific for your financial needs, your goals and your risk tolerance. Regarding the possibility of a US market not going anywhere over a long period of time, well it is not a possibility, it has happened. See chart below:  It took 13 years for the S&P 500 to break through 1550, a level first reached in March 2000, tested in October 2007 (just before the GFC) and finally broken through in March 2013. If you had bought in early 2000 you would still be behind when you take inflation into account. If you took the strategy of dollar cost averaging and bought the same dollar value (say $10,000) of the index every six months (beginning of each January and each July) starting from the start of 2000 and bought your last portion in January 2013, you would have a return of about 35% over 13.5 years (or an average of 2.6% per year). Now lets look at the same chart below, but this time add some trend lines.  If we instead bought whenever the price crossed above the downtrend-line and sold whenever the price crossed below the uptrend-line (with the first purchase at the start of January 2000), we would have a return of 93% over the 13.5 years (or an average of 6.9% per year). Another more aggressive option (but manageable if you incorporate a risk management strategy) is to buy long when the price crosses the downtrend-line and sell your existing long position and sell short when the price drops below the uptrend-line. That is profiting both up-trending and down-trending markets. Again we start our buying at the start of January 2000. By shorting the index when the market is in a down-trend you could increase the above returns of 93% by another 54%, for a total return of 147% over 13.5 years (or an average of 10.9% per year). To conclude, using a simple long term strategy to time the markets may result in considerably higher returns than dollar cost averaging over the medium to long term, and I know which strategy would help me sleep better at night."}
{"_id": "333278", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://techcrunch.com/2017/06/21/ebay-will-now-match-amazons-walmarts-and-others-prices-on-over-50000-items/) reduced by 70%. (I'm a bot) ***** &gt; At any time, eBay says there are &amp;quot;Tens of thousands&amp;quot; of items offered through the Deals site, with featured deals updating at least once per day, beginning at 8 AM PT. In case you somehow missed how this launch is a response to the looming Amazon threat, eBay&amp;#039;s announcement about the new price match feature hits you over the head with the comparison: it makes special note of the fact that there&amp;#039;s &amp;quot;No membership required&amp;quot; to access eBay Deals.  &gt; Ebay says it will only match prices on identical items sold online on a competitor&amp;#039;s website - and yes, the item must be currently in stock at the time you request the Price Match Guarantee.  &gt; &amp;quot;Our eBay Deals selection has grown exponentially since being launched in 2011. The prices are already extremely competitive, but if a shopper finds it for less, we&amp;#039;ll gladly match the price of our competitors,&amp;quot; he added.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6im07b/ebay_will_now_match_amazons_and_walmarts_prices/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~149398 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **eBay**^#1 **Price**^#2 **item**^#3 **Match**^#4 **Deals**^#5\""}
{"_id": "333285", "title": "", "text": "Those are the categories of *federal* protection from discrimination. It is illegal in most states' laws to fire someone for exercising their legally-protected rights, including voting  In this particular case, the company being discussed is based in Florida where is is illegal to fire an employee based on who they vote for under Florida state law Title IX, Ch. 104, \u00a7 104.081. (The company also has offices in various other states.)"}
{"_id": "333292", "title": "", "text": "Nowadays, all checks you write will not be send to your bank anymore, but instead the bank where they get deposited does an ACH from your bank. That implies that not allowing this to happen, your bank would not be able to honor any checks you wrote (without enforcing paper check delivery in the mail, but the Check21 bill does not allow such enforcing anymore). Basically, your bank would not be able to do business with anyone. The obvious conclusion is that no such bank exists."}
{"_id": "333315", "title": "", "text": "There's no requirement to use these OTP systems to process Internet transactions. Some merchants are using them, some are not. PayPal does not since they are not the receiver of the money but rather a merchant processor - so they don't assume any risk anyway and wouldn't bother."}
{"_id": "333334", "title": "", "text": "\"People treat an emergency fund as some kind of ace-in-the-hole when it comes to financial difficulty, but it is only one of many sources of money that you can utilize. What is an emergency? First, you have to define what an emergency is.  Is it a lost job?  Is it an unplanned event (pregnancy, perhaps)?  Is it a medical emergency?  Is it the death of you or your spouse? Also, what does it mean to be unplanned?  Is being so unhappy with your job that you give a 2-week notice an emergency?  Is one month of planning an emergency?  Two? Only you can answer these questions for yourself, but they significantly shape your financial strategy.  Planning is highly dependent on your cashflow, and, for some people, it may take them a year to build enough savings to enable them to take 3 months off work.  For others, they may be able to change their spending to build up enough for 3 months in 1 month. Also, you have to consider the length of the emergency.  Job-loss is rarely permanent, but it's rarely short as well.  The current average is 30.7 weeks: that's 7 months! Money in an Emergency There are six main places that people get money during a financial emergency: A good emergency strategy takes all six of these into account.  Some emergencies may lean more on one source than the other.  However, some of these are correlated. For example, in 2008, three things happened:  the stock market crashed, unsecured debt dried up, and people faced financial emergency (lost jobs, cut wages).  If you were dependent on a stock portfolio and/or a line of credit, you'd be up a creek, because the value of your investments suddenly decreased, and you can't really tap your now significantly limited line of credit. However, if you had a one or more of cash savings, unemployment income, and unemployment insurance, you would probably have been OK. Budgeting for an emergency When you say \"\"financial emergency\"\", most people think job loss.  However, the most common cause of bankruptcy in the US is medical debt.  Depending on your insurance situation, this could be a serious risk, or it may not be.   People say you should have 3x-6x of your monthly income in savings because it's an easy, back-of-the-envelope way to handle most financial emergency risk, but it's not necessarily the most prudent strategy for you. To properly budget for an emergency, you need to fully take into account what emergencies you are likely to face, and what sources of financing you would have access to given the likely factors that led to that emergency. Generally, having a savings account with some amount of liquid cash is an important part of a risk-mitigation strategy.  But it's not a panacea for every kind of emergency.\""}
{"_id": "333336", "title": "", "text": "Our Website : http://www.orpheumtheatreminneapolis.com Guests are asked to assist in creating a safe and enjoyable environment by reporting any inappropriate behavior to an Orpheum Theatre Usher or Security Officer. From well-known and lesser-known actors and actresses to the men and women behind the production, including playwrights, directors, wardrobe specialists, scene and lighting artists, and a score of other professionals, an investment in live theatre helps perpetuate a centuries-old craft and actually supports. It's also an investment in the arts Centre and general community that supports the theatre itself."}
{"_id": "333339", "title": "", "text": "\"4) Finally, do all companies reduce their stock price when they pay a dividend? Are they required to? There seems to be confusion behind this question.  A company does not set the price for their stock, so they can't \"\"reduce\"\" it either.  In fact, nobody sets \"\"the price\"\" for a stock. The price you see reported is simply the last price that the stock was traded at.  That trade was just one particular trade in a whole sequence of trades.  The price used for the trade is simply the price which the particular buyer and particular seller agreed to for that particular trade.  (No agreement, well then, no trade.)  There's no authority for the price other than the collection of all buyers and sellers. So what happens when Nokia declares a 55 cent dividend?  When they declare there is to be a dividend, they state the record date, which is the date which determines who will get the dividend: the owners of the shares on that date are the people who get the dividend payment.  The stock exchanges need to account for the payment so that investors know who gets it and who doesn't, so they set the ex dividend date, which is the date on which trades of the stock will first trade without the right to receive the dividend payment.  (Ex-dividend is usually about 2 days before record date.)  These dates are established well before they occur so all market participants can know exactly when this change in value will occur. When trading on ex dividend day begins, there is no authority to set a \"\"different\"\" price than the previous day's closing price.  What happens is that all (knowledgeable) market participants know that today Nokia is trading without the payment 55 cents that buyers the previous day get.  So what do they do?  They take that into consideration when they make an offer to buy stock, and probably end up offering a price that is about 55 cents less than they would have otherwise.  Similarly, sellers know they will be getting that 55 cents, so when they choose a price to offer their stock at, it will likely be about that much less than they would have asked for otherwise.\""}
{"_id": "333343", "title": "", "text": "Wanting save enough money to purchase a home is an issue that a lot of people face, regardless of where they live. The most simple answer is to save, save, save. Create a budget so that you are able to track every dollar. After you do so for a few weeks, then you will be able to see exactly how your money is being spent and where you can cut costs. If you need to, pick up a second or third job in your spare time. Then you can contribute your salary from that to your savings. If possible, consider moving in with friends or family - paying them rent of course, but it might be cheaper than renting on your own (you might also consider exchanging house work for rent). Times might be lean when you are saving, but you should remind yourself of what the ultimate goal is.  I am unfamiliar with the government policies in Pakistan, but perhaps there is some kind of housing relief program where you can relocate to temporarily? Your situation is unfortunate and I sympathize with you. Best of luck!"}
{"_id": "333344", "title": "", "text": "They are creating their own chains. If you have a group of trading partners who want a common source of truth, without paying one entity to maintain the database, a private blockchain is great.   But it's like having an intranet vs. being on the public internet. They think the network effects of the public chain will make it worthwhile, once the privacy and performance are good enough for them.'  I don't think any particular company will be able to replace the public chain's dominance for public use."}
{"_id": "333347", "title": "", "text": "Yes really. It has been a while, but I believe most of the premium burgers at McD are more than $4.50 without fries and drink locally.  Some of the places I put above them could be called greasy spoons. But their buns are better quality and less sugared, the meat is better quality and not overly salted and peppered, they didn't drop a tablespoon of mayo on the poor bun, tomatoes and onions are fresher, the lettuce is closer to green than white. I don't think their burgers are truly bad, just that even the premium burgers are completely unremarkable."}
{"_id": "333350", "title": "", "text": "We sure could. I think a much more concise way of addressing this is that the reason any nation is technologically superior to another, especially in an age where nations were extremely homogenous would directly mean that they were a more intelligent group of people."}
{"_id": "333360", "title": "", "text": "\"A lot of financial software will calculate the value of operating leasess for you (bullet 2). E.g. Capital IQ, BB.   What a lot of professionals do is \"\"reverse\"\" out EBITDA/EBIT etc. for:  - non-recurring expenses (think big accounting changes, some impairments) - change operating expenses into capital leases to adjust the capital structure - occasionally change some operating expenses (e.g. options) because you are under the assumption if you take a company private that those expenses will not be relevant  The whole point is simply to see the operating revenues/expenses of the firm\""}
{"_id": "333377", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/1064061/house-flippers-triggered-the-us-housing-market-crash-not-poor-subprime-borrowers-a-new-study-shows/) reduced by 83%. (I'm a bot) ***** &gt; Analyzing a huge dataset of anonymous credit scores from Equifax, a credit reporting bureau, the economists-Stefania Albanesi of the University of Pittsburgh, the University of Geneva&amp;#039;s Giacomo De Giorgi, and Jaromir Nosal of Boston College-found that the biggest growth of mortgage debt during the housing boom came from those with credit scores in the middle and top of the credit score distribution-and that these borrowers accounted for a disproportionate share of defaults.  &gt; The mortgages these prime borrowers were able to secure were much bigger than those taken out by poor homebuyers.  &gt; Shoar&amp;#039;s work reveals that borrowing and defaults had risen proportionally across income levels and credit score, but that those with sounder credit ratings drove the rise in delinquencies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xfbx2/house_flippers_triggered_the_us_housing_market/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~202565 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **credit**^#1 **borrowed**^#2 **mortgage**^#3 **score**^#4 **crisis**^#5\""}
{"_id": "333384", "title": "", "text": "Sorry, I was thinking of PCs. which are professional corporations. LLPs are limited partnerships.  If he has partners, an LLP might be suitable. Again, talk to a lawyer and accountant to see what is best for your friend."}
{"_id": "333390", "title": "", "text": "Audating Sites is the best way for you to meet the special person. When it comes to the world of online dating, you can only have two approaches to think. You can meet a perfect guy on our website, who wants Girls to fuck. Which is maybe made up 90% falsehood and guaranteed to make a girl love and doubt the real you as well.  You as another average guy who doesn't deserve their time or attention. So the question is, which will you use?"}
{"_id": "333391", "title": "", "text": "You are on the right path. Especially for the fact that you are paying the highest rate card with highest priority.  As long as your credit score will not stop you from getting the credit union loan, this is a great idea. It will turn the highest rate card(s) into something more reasonable and let you continue to attack principal instead of mostly paying interest."}
{"_id": "333396", "title": "", "text": "I know it's popular to hate on Amazon, but look: by offering lower-priced product (both hardcopy and ebooks), they allow more people greater access to books. Yes, smaller, local bookstores and independents find it difficult (if not impossible) to compete with their prices, but customers vote with their dollars (or euros): they prefer cheaper books to cute bookstore/cafes.  Amazon has led to more people reading more books, and it's a godsend to emerging writers who are no longer held in thrall to the major gatekeepers of the publishing industry. Hating on Amazon because it's corporate is pointless, unless you heap equal amounts of criticism against the big publishers who pick and choose who to publish and inflate prices on hardcopy books."}
{"_id": "333408", "title": "", "text": "Owners of American-style options may exercise at any time before the   option expires, while owners of European-style options may exercise   only at expiration. Read more: American Vs. European Options"}
{"_id": "333414", "title": "", "text": "\"The title requires shreds of evidence to justify, first what are \"\"machine learning funds\"\", and what determines \"\"failure\"\".  When I click this title, I was hoping to see a list of \"\"machine learning funds\"\", are they mutual funds, or is the author talking about private equities invested in this field? Who are they?  Nothing in the paper made this clear.  For most of which to fail, I was expecting some statistics to indicate at least 51% of the funds liquidated due to massive loss of AUM. Again, no information on that.  The takes? Finance is hard, idiots like Marcos Lopez de Prado have no chance to master.\""}
{"_id": "333425", "title": "", "text": "As mentioned by Dilip, you need to provide more details. In general for transacting on stocks; Long Term: If you hold the stock for more than one year then its long term and not taxable. There is a STT [Securities Transaction Tax] that is already deducted/paid during buying and selling of a stock. Short Term: If you hold the stock for less than one year, it's short term gain. This can be adjusted against the short term loss for the financial year. The tax rate is 10%. Day Trading: Is same as short term from tax point of view. Unless you are doing it as a full time business. If you have purchased multiple quantities of same stock in different quantities and time, then when you selling you have to arrive at profit or loss on FIFO basis, ie First in First Out"}
{"_id": "333439", "title": "", "text": "Literally the same drivers in the same cars (since it's the same licence to be able to drive for them) and Cabify quotes you a fixed price and I like the interface better. It's just far less useful when traveling as it tends to be only really useful in Spain."}
{"_id": "333440", "title": "", "text": "Last I checked, all business expenses in regards to  * Office Supplies * Stationary * Phone service * Marketing  are all tax deductible....so how does cutting those costs save money when you'll get that money back via the corporate tax code?"}
{"_id": "333443", "title": "", "text": "&gt; Your question is expressed as a run-on sentence, which I'm having trouble parsing. Maybe you could restate.  The one in the title? If yes, here it is restated:  *As I currently understand, we owe much of our national debt to ourselves. The reason for this is that people are being charged interest that does not exist in the system. Therefore, if we tried to pay the debt (like some conservative politicians are fighting for) it would be a massive transfer of wealth from the 99% to the 1%, since most of the debt is owed to the 1% (banks).*  So I was wondering if this conclusion/summary/understanding is flawed in some way."}
{"_id": "333446", "title": "", "text": "You could get a prestigious job in computer engineering, do really well for a year or two, try to get a job in consulting, then go MBA at a prestigious university and get recruited from there.    What factors are making you consider consulting? And why finance specifically?"}
{"_id": "333457", "title": "", "text": "It's all about the data A lot of modern social apps (and non social apps) do not generate any ad based revenue. They do however collect a lot of data that is valuable to them or other companies. Think about Microsoft buying Skype or Facebook buying Instagram. Having these services allows the purchasing company to have data that they can then use to build other targeted products. That's not to say that every start up has the same exit strategy (hoping to get bought out). Many startups have one or two founders who tend to get lucrative offers from industry to build similar or more tailored versions of the same product. Remember that for every startup you see get famous and turn in to a bigger entity, there are several others who had potential but never made it big (and those that invested in them lost out)."}
{"_id": "333496", "title": "", "text": "\"Your strategy fails to control risk. Your \"\"inversed crash\"\" is called a rally. And These kind of things often turn into bigger rallies because of short squeezes, when all the people that are shorting a stock are forced to close their stock because of margin calls - its not that shorts \"\"scramble\"\" to close their position, the broker AUTOMATICALLY closes your short positions with market orders and you are stuck with the loss. So no, your \"\"trick\"\" is not enough. There are better ways to profit from a bearish outlook.\""}
{"_id": "333501", "title": "", "text": "\"Last month I spend about 3-4 days totally diving into the Kindle, e-books, DRM, etc.  My goal was to basically replace my entire book collection online with books that I could annotate, edit, etc.    The result?  Kindle and the DRM suck.  The pirate experience an order of magnitude BETTER than the Kindle and DRM experience.  1.  Not all books are even available on the Kindle or other DRM platforms.  Pirated books?  Not a problem. I can pretty much get any book I want in a matter of minutes.  Sometimes I have to spend a while to find them... maybe 10-15 minutes.  2.  The quality of the DRM books are horrible.  For Kindle they use fixed-width bitmap graphics.  However, many of the PDF books that I've been using use PDFs and vector graphics which means they look NICE on my 30\"\" monitor.  4.  I can use Skim to edit and manipulate the books ... I can attach annotations, I can copy text out... I can add bookmarks, I can highlight pages.  In Kindle I can do this but it's VERY basic and frankly the highlighting sucks and is hard to use.    5.  The Kindle books are handicapped by the publishers and they won't let you actually copy text from them.. SOME of the publishers do let you do this but I want a CONSISTENT experience. I don't' want to be reading a book and want to copy a paragraph to a friend only to find out that this is disabled.  6.  Some of the magazine editions SUCK... they are the same price as the news stand one but don't actually include the FULL magazine!  And no where on the site does it say this... some of these do end up getting downvoted in the amazon reviews but I've accidentally purchased a few of these and felt screwed.  7.  MANY/MOST of the books you use don't actually have an appendix.  They're just flat out stripped/removed.  This is because the Kindle pages and the book pages don't line up... However, in PDF versions they are there and they're working.  I think the PDFs are the leaked master copy which they use to print the book.  8.  Some of my Kindle books are far inferior to the print edition that I actually own due to misc errors.  For example, one of them is missing a whole 2 chapters at the end which were author notes after the book was written but the Kindle version says it's the same ISBN / edition as the one I own.  9.  What about Errata / bugs...?  If they make a mistake do they give you a NEW copy of the book?  For example in #8 that's clearly a bug... they should have included those two chapters.  Do I get a new copy of the book when they fix it?  Will they EVER fix it?  Do my notes/highlights work with the new version? Do I get to keep the older version.  In short... I do NOT mind paying.  In fact I allocated the money to upgrade my entire book collection to electronic.  But I'll be damned if i do that now... the experience is SO bad that I don't want to give them the satisfaction of taking my money for this crap.  Further... e-books could be a REVOLUTION in the way we perceive books.  Why are we limiting ourselves to JUST text?  Why not interactive graphs, spreadsheets, charts. I should be able to manipulate the examples, change numbers, zoom in, etc.    High resolution images for example that look AWESOME on my 30\"\" display.  Video included/embedded directly into the book.  Audio and audio commentary by the author.  The entertainment industry went this way with DVDs to encourage people to buy this format over the VHS version.  We need to do this with audiobooks too!    One could do this with HTML5 but it needs to be done right.  Some sort of simple .dmg / zip with HTML inside which can be viewed by normal browsers.   I'll also say this.. I'm not TOO concerned about the DRM.  Just in terms of innovation this would be a major step forward.    Books and print media is dying... but we could revolutionize it and EMBRACE the digital publishing medium and really kick ass!  EDIT.  Holy shit that was long... the Adderall must have just kicked in! :-=P\""}
{"_id": "333508", "title": "", "text": "Yes, this is a way to avoid the pattern day trader regulation. The only downside being that your broker will have different commission rates and your capital will be split amongst several places."}
{"_id": "333519", "title": "", "text": "Don\u2019t Be High Maintenance   I am the first to admit I don\u2019t do enough face-to-face networking.  For me, I struggle justifying the time &amp; there is the fact that I am always walking in somewhere on my own like \u2018Billy No Mates.\u2019  However, I have to admit that nothing beats the good old-fashioned business networking.  Reason being, you may have heard this \u2013 People Buy People!"}
{"_id": "333520", "title": "", "text": "You can't boycott cheap food. You have to legislate against it. People are voting with their dollars.. and they are, by far, choosing McDonalds. In general boycotts don't work against national or global corporations. They can take the hit and respond with an advertising campaign and expand in other regions. You might get their attention, but in this economy a boycott against cheap food is never going to work."}
{"_id": "333537", "title": "", "text": "this article offers tips you can use to make the most out of your business reward credit card. keep these tips in mind and don't forget to tell share them with your friends, especially those who are also managing small business, like you."}
{"_id": "333574", "title": "", "text": "In the theory: *Somewhere between the most you think you can get, and the minimum you think you deserve * In your case: If they want you to actually invest, they aren't purely interested in your technical expertise. which means that you need to actually believe in the idea and be involved in the decision making process. That really depends on what technology entrepreneurship exactly you are talking about."}
{"_id": "333583", "title": "", "text": "I wouldn't confront him. It's really none of your business what he has done or not done with your money as long as you've been a faithful tenant. Whoever gets the house after the foreclosure wants you to stay. I mean, a faithful tenant paying rent is a whole lot better than no one in the house at all. The new landlord (if it's the bank) probably will leave you alone for the most part. Just take MrChrister's advice and document everything and don't let the bank bully you around. It's not your fault the owner got foreclosed on. Remember that the foreclosure process takes months so just because papers got served today (hypothetically) doesn't mean next week the bank takes over the house."}
{"_id": "333605", "title": "", "text": "\"After the initial public offering, the company can raise money by selling more stock (equity financing) or selling debt (e.g. borrowing money).  If a company's stock price is high, they can raise money with equity financing on more favorable terms.  When companies raise money with equity financing, they create new shares and dilute the existing shareholders, so the number of shares outstanding is not fixed. Companies can also return money to shareholders by buying their own equity, and this is called a share repurchase.  It's best for companies to repurchase their shared when their stock price is low, but \"\"American companies have a terrible track record of buying their own shares high and selling them low.\"\" The management of a company typically likes a rising stock price, so their stock options are more valuable and they can justify bigger pay packages.\""}
{"_id": "333616", "title": "", "text": "You can make a capital contribution, not a loan. It's not a taxable event, no interest, and you can take a distribution later when the business has the money to pay you back. So yes, transfer the money. If you use software like Quickbooks, make use of unique accounts for tracking the contribution"}
{"_id": "333623", "title": "", "text": "\"It's just a guess, as I'm from the UK and am unfamiliar with the term \"\"investment\"\" mortgage but is it one where you are buying the property in order to rent it out, and make money from it, rather than to live in? In the UK we call those \"\"buy to let\"\" mortgages and one of the main differences is that you have to have a higher deposit to get that type.\""}
{"_id": "333653", "title": "", "text": "Women going into the workforce didnt just increase the supply of labor, it increased the demand for products.  now every house has to have two cars, in the 70s many got by on one car.  More cars are produced now than in the 70s per capita.  This is just one example.    Saying that women entering the workforce changed everything is only looking at how the supply of labor increased, and nothing else."}
{"_id": "333673", "title": "", "text": "So I can get a maximum of $25.50 (17x1.50) in ticketmaster credit, that I can only use $3 at a time.  And if I am part of the subclass for UPS overnight shipping, I get an extra $5. BREAK OUT THE MOTHERFUCKING CHAMPAGNE AND CAVIAR BITCHES!!!!  OPF CLAIMS - ALL CLASS MEMBERS If you take no action, and the settlement is approved by the Court, you will automatically receive, via email at the most recent email address associated with your purchases on Ticketmaster.com, discount codes (\u201cCodes\u201d) which can be used for future purchases for U.S. events from Ticketmaster\u2019s Website (except for events at venues owned or operated by AEG as set forth in the Settlement Agreement). For each transaction that you made during the Class Period, you will receive one code via email for a $1.50 discount, up to a maximum of 17 codes. This does not include the additional benefits, for the UPS Subclass members, which are described below. The Codes may be combined up to a maximum of two credits ($3.00) that may be applied on future transactions as described above. The Codes are non-transferable, expire 48 months from distribution, and may be redeemed only for purchases made using the email address to which they were sent (or an updated address provided to the Claims Administrator or Ticketmaster and verified as belonging to the Class Member).  UPS SUBCLASS MEMBERS If you are a member of the UPS Subclass, you will be entitled to additional relief under the Settlement. Specifically, for each transaction you made using UPS delivery of your tickets (up to 17 transactions), you will receive one UPS code (\u201cUPS Code\u201d) via email, for $5.00 off subsequent expedited delivery fees on purchases from Ticketmaster\u2019s Website (except for events at venues owned or operated by AEG as set forth in the Settlement Agreement) of tickets that are shipped via UPS or some other form of overnight delivery that Ticketmaster may offer in the future. These UPS Codes may not be combined, and only one UPS Code may be used per transaction. However, this benefit may be used for a ticket order together with the OPF Code described above. The UPS Codes are non-transferable, expire 48 months after they are first usable, and may be redeemed only for purchases made using the email address to which they were sent (or an updated address provided to the Claims Administrator or Ticketmaster and verified as belonging to the Class Member)."}
{"_id": "333674", "title": "", "text": "Different brokerages have different house rules for margin requirements and margin calls.  You will likely get a margin call giving you a small amount of time to deposit the required funds to bring your account balance up to the required margin requirements.  In reality, a stock that falls from $50 to $4 in a short period will probably become unmarginable.  In short, yes, you will owe the broker for the loss."}
{"_id": "333681", "title": "", "text": "I did my own taxes previously using both H&R Block Tax Cut and TurboTax.  When I had a simple return and was single, it worked great.  Once I got married it was a little more complicated.  When I started a small side business, I switched to an accountant.  He does a great job of adjusting deductions between my wife and I and filing separately.  This minimizes the amount of taxes we have to pay.  It has been a few years since I used the software, but I did not see the ability to easily make adjustments like that."}
{"_id": "333688", "title": "", "text": "\"FDIC does not insure against robbery.  From the FDIC website under the heading \"\"What's not insured?\"\": Robberies and Other Thefts Stolen funds may be covered by what's called a banker's blanket bond, which is a multi-purpose insurance policy a bank purchases to protect itself from fire, flood, earthquake, robbery, defalcation, embezzlement and other causes of disappearing funds. In any event, an occurrence such as a fire or bank robbery may result in a loss to the bank but should not result in a loss to the bank's customers. If a third party somehow gains access to your account and transacts business that you would not approve of, you must contact the bank and your local law enforcement authorities, who have jurisdiction over this type of wrongdoing. So either the bank is out the funds and takes the loss, in which case no new money enters circulation, or the bank has insurance that repays the bank, in which case the insurance company incurs a cost and no new money enters circulation.  Either way, no new money enters circulation.\""}
{"_id": "333699", "title": "", "text": "Boston for sure is in the mix.  Being on the opposite coast makes sense.  But space would be an issue here.  Maybe just outside the city...where a lot of businesses go.  I would figure North Carolina would be in the mix.  ANd finally, as a throw away guess, I would say Austin Texas"}
{"_id": "333705", "title": "", "text": "I'm all for Tesla succeeding but wtf is wrong with our country that it sponsors specific companies that are geared towards luxury automobile market?  If its demographic is luxury owners, it shouldn't be govt sponsored nor subsidized.  I realize this company has theoretically great potential for making breakthrough technology that *might* be then trickled down to lower consumption, however a prerequisite of receiving govt money of any form (loan or subsidization) should be specifically spelled out as geared for the greater good in mass.  Not for their crony capitalism."}
{"_id": "333711", "title": "", "text": "I wasn't suggesting that. As I said, there's still a place for normal taxis.  Not to mention, I'm guessing the incidence of racism is going to be about the same among both ride sharing services and taxis.  Plus, Uber drivers can't decide to charge more based on their passengers. This is a straw man argument."}
{"_id": "333716", "title": "", "text": "IMO we could start with getting rid of protectionism, which would help decrease the prices of goods and services, and thereby increase real wages. You could also lower taxes on the poor and middle class, hopefully giving them more money to pay their bills and afford things like children.   Plus, IMO many artistic endeavors are best left as a side-project until there is a glimpse of sustainable income earning from it. But that's just me and I realize many would disagree."}
{"_id": "333728", "title": "", "text": "\"&gt;  the pace of technological change isn't so great  But I asked if the pace of change itself is increasing.  If yes, then what \"\"isn't so great\"\" right now could well become too much in the future.  Having to spell such simple things out always makes me feel badly.  It seems so very obvious and simple, yet, here I am, spoon-feeding you.\""}
{"_id": "333733", "title": "", "text": "From the headline I thought it was a nanny-state idea to stop people eating too much junk food, but no, it's just a desperate attempt to ameliorate one of the consequences of a mismanaged (ie centrally controlled) economy.  You would think we wouldn't have to keep making the same mistakes, but apparently humans are not good at learning from history (let alone following ideas through to their logical conclusion)."}
{"_id": "333755", "title": "", "text": "\"There are many different methods for a corporation to get money, but they mostly fall into three categories: earnings, debt and equity.  Earnings would be just the corporation's accumulation of cash due to the operation of its business. Perhaps if cash was needed for a particular reason immediately, a business may consider selling a division or group of assets to another party, and using the proceeds for a different part of the business. Debt is money that (to put it simply) the corporation legally must repay to the lender, likely with periodic interest payments. Apart from the interest payments (if any) and the principal (original amount leant), the lender has no additional rights to the value of the company. There are, basically, 2 types of corporate debt: bank debt, and bonds.  Bank debt is just the corporation taking on a loan from a bank. Bonds are offered to the public - ie: you could potentially buy a \"\"Tesla Bond\"\", where you give Tesla $1k, and they give you a stated interest rate over time, and principal repayments according to a schedule. Which type of debt a corporation uses will depend mostly on the high cost of offering a public bond, the relationships with current banks, and the interest rates the corporation thinks it can get from either method. Equity [or, shares] is money that the corporation (to put it simply) likely does not have a legal obligation to repay, until the corporation is liquidated (sold at the end of its life) and all debt has already been repaid. But when the corporation is liquidated, the shareholders have a legal right to the entire value of the company, after those debts have been paid. So equity holders have higher risk than debt holders, but they also can share in higher reward. That is why stock prices are so volatile - the value of each share fluctuates based on the perceived value of the entire company.  Some equity may be offered with specific rules about dividend payments - maybe they are required [a 'preferred' share likely has a stated dividend rate almost like a bond, but also likely has a limited value it can ever receive back from the corporation], maybe they are at the discretion of the board of directors, maybe they will never happen. There are 2 broad ways for a corporation to get money from equity: a private offering, or a public offering. A private offering could be a small mom and pop store asking their neighbors to invest 5k so they can repair their business's roof, or it could be an 'Angel Investor' [think Shark Tank] contributing significant value and maybe even taking control of the company. Perhaps shares would be offered to all current shareholders first. A public offering would be one where shares would be offered up to the public on the stock exchange, so that anyone could subscribe to them. Why a corporation would use any of these different methods depends on the price it feels it could get from them, and also perhaps whether there are benefits to having different shareholders involved in the business [ie: an Angel investor would likely be involved in the business to protect his/her investment, and that leadership may be what the corporation actually needs, as much or more than money]. Whether a corporation chooses to gain cash from earnings, debt, or equity depends on many factors, including but not limited to: (1) what assets / earnings potential it currently has; (2) the cost of acquiring the cash [ie: the high cost of undergoing a public offering vs the lower cost of increasing a bank loan]; and (3) the ongoing costs of that cash to both the corporation and ultimately the other shareholders - ie: a 3% interest rate on debt vs a 6% dividend rate on preferred shares vs a 5% dividend rate on common shares [which would also share in the net value of the company with the other current shareholders].  In summary: Earnings would be generally preferred, but if the company needs cash immediately, that may not be suitable. Debt is generally cheap to acquire and interest rates are generally lower than required dividend rates. Equity is often expensive to acquire and maintain [either through dividend payments or by reduction of net value attributable to other current shareholders], but may be required if a new venture is risky. ie: a bank/bondholder may not want to lend money for a new tech idea because it is too risky to just get interest from - they want access to the potential earnings as well, through equity.\""}
{"_id": "333769", "title": "", "text": "There is the Fed Unwind . . . .fun fun fun  and I think it is far more important to address corruption in the Political and Economic system than Tax the poor and free the Rich from Taxes because its good for the economy.  In fact this belief that Lowering Taxes for the rich and taxing the poor is a function of Corruption in the system"}
{"_id": "333784", "title": "", "text": "Currently my online savings account pays an interest rate of 1.25%.  With 100K, I can earn about $104 per month in that account.  No risk, no timing, no fuss. So in theory you can make money by small changes in the valuations of stock.  However there are often better, risk free options for your money; or, there are much better options for returns with much less risk, but more than that of a bank account."}
{"_id": "333788", "title": "", "text": "I'd say not really either. Considering if they choose a realistic skill set and let's say on average earn extra $10K a year, then it pays off in two years and they are ahead. Very moderate example, likely they average much more a year."}
{"_id": "333814", "title": "", "text": "\"Well, with a (pretend) 40 hour work week, it comes out to about $480/hour, which is easily 10x what most people make, many of whom also have always-on-call jobs.  Despite being always on call, 24/7 isn't quite the right description... I think it's more fair to assume/compare to 80-100 hours/week.  That would still net comfortably around $200/hr.    Yu als have to add in perks and bonuses, as CEO salary is typically 1/3 to 1/4 of their total compensation (remember, Steve Jobs was since 2003 the highest paid CEO in the country, with a 'salary' of $1/year).  With the total package against total hours actually worked (including sorting email and taking phone calls at home on your own tine), I would still estimate the total package to be around $400-500/hour.     A generous sum it is, but I still agree with your main point... I wouldn't want it.  I feel like after you can afford a nice house with a room for each member of the family, a reliable car for each driver, and tuition to send kids to a bratty private school and college, the \"\"usefulness\"\" of money drops way, way off.\""}
{"_id": "333833", "title": "", "text": "&gt;As it stands I think home pricing is a complete fucked up retarded system that mostly depends on your neighbors house values. The whole things is a shambles.  To an extent.  I would gladly pay more money to have neighbors who care about their properties though."}
{"_id": "333844", "title": "", "text": "\"Most states have a \"\"cap\"\" on the amount a \"\"heir finder\"\" can charge for retrieving the property.  It is generally around 10%.  Even if the state does not have a particular statute you can usually negotiate the rate with the company.  Thirty-percent is extortion, if they won't do it for less, someone else will.\""}
{"_id": "333855", "title": "", "text": "Did you read her article? She actually has depression and anxiety.   Why do people always assume it is not diagnosed? And one, I admire her honesty. Many people lie for why they are sick. She didn't have to give the reason, and it was a valid one. If you don't have depression, anxiety, or some form of mental illness, you may have no idea how much one day, heck, even 5 minutes can restore you. Not every condition is all Hollywood psyche ward."}
{"_id": "333862", "title": "", "text": "I think it will be good for certain infrastructure sects to be privatized. Since when has the government ever completed anything on budget or on time? Let someone else put their dollar at risk, not ours. Just one less thing the government has control of. I'm open to some change. We'll see what happens."}
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{"_id": "333876", "title": "", "text": "\"&gt; We are all surviving just fine with the laws that are in place right now.  Read a newspaper or a science magazine lately?  The reason the world needs heavy emissions taxes is that, if scientific consensus is accurate, things are getting warmer really fast.  And if things get much warmer, hundreds of millions will die - at least.    We need emissions taxes to prevent a horrible future, not because we aren't \"\"surviving\"\" today.\""}
{"_id": "333892", "title": "", "text": "Also, interest rates and credit risk directly corelate to Greece's ability to service the debt.  Japan could be at 400% and Greece 50%, but if they can't make payments or have credit good enought to refi the debt, that's when they will default.   Meanwhile, the fact that they are risky drives up rates further and makes it even harder to make payments.  It's called the death spiral.   Japan has low rates, solid GDP and good credit = non-issue."}
{"_id": "333898", "title": "", "text": "I work for a hedge fund, not wealth management, but I assume that client information is treated similarly. Misplacing it is a huge deal. The company will probably need to formally investigate it and inform all the clients involved. Even if they can prove that no one looked at the information it's going to make clients question the company's procedures. I could see it being a firing offense,depending on how many clients were affected and the nature of the data. Sorry if that's not what you wanted to hear."}
{"_id": "333916", "title": "", "text": "Let me first give you my definitions of the words 'investor' and 'speculator'. To me, anyone looking to 'buy low, sell high' is a speculator. Only 'buy and hold' people are investors.  The news agencies love to report on changes in the price of a stock. This gives them something to talk about. So speculation is encouraged by the news media. What investors care about is dividends. In my opinion whatwhat news agencies should report on are changes to the dividend provided by a security.  I used to be a speculator, but now that I am retired I am an investor."}
{"_id": "333928", "title": "", "text": "\"Apparently with all your advanced knowledge you have no idea what \"\"former\"\" means, but thanks, I have no desire to return to my 2010-2012 habits.  Once again, your dickbag, condescending remark is so off the mark, and it's incredibly ironic you are telling others \"\"not to be a dick\"\" when you are the biggest cockhead in this fucking thread.  I mean BY GOLLY just simply don't take pain pills and don't get addicted, WHY THE FUCK DIDN'T ANYONE THINK OF THAT??  You fucking moron. If only you knew how many people in YOUR life are addicted to prescription opiods that you have no idea about.  By the way, fuckface, I got addicted after having eye and lung surgerty and having an IV dilaudid drip. Glad you wisdom teeth percs didn't get you addicted though!  Fuck yourself, you judgemental prick\""}
{"_id": "333931", "title": "", "text": "You need to have a lot of money to play with direct bond investing safely. Trading bonds is not for amateurs, and the layman-friendly publications don't provide a lot of guidance. Unless you're prepared to hold a bond to maturity, the prices of even high quality bonds swing wildly.  If you need a source of income, but not necessarily the ability to make money trading the bonds, look at Savings Bonds (specifically I-Bonds)."}
{"_id": "333954", "title": "", "text": "Normally, incorporation is for liability reasons.  Just file your taxes as a business.  This just means adding a T2125 to your personal return.  There's no registering, that's for GST if over a certain threshold. There's even a section in the instructions for internet businesses. http://www.cra-arc.gc.ca/E/pub/tg/t4002/t4002-e.html#internet_business_activities This is the form you have to fill out.  Take note that there is a place to include costs from using your own home as well.  Those specific expenses can't be used to create or increase a loss from your business, but a regular business loss can be deducted from your employment income. http://www.cra-arc.gc.ca/E/pbg/tf/t2125/t2125-15e.pdf"}
{"_id": "333955", "title": "", "text": "The GOP has a lazy Susan of bad ideas.  The proposed tax cuts would reduce federal revenue by two and a half trillion dollars over the next ten years.  The argument in favor is that cutting taxes will boost the economy enough to make up for the cuts.  IT NEVER DOES. Ever.  The proposal is loaded with tax cuts for wealthy folks.  Some middle class folks will see an increase because there won't be a deduction for mortgage interest and property taxes.  Thanks Obama."}
{"_id": "333961", "title": "", "text": "\"Trying to \"\"time the market\"\" is usually a bad idea. People who do this every day for a living have a hard time doing that, and I'm guessing you don't have that kind of time and knowledge.  So that leaves you with your first and third options, commonly called lump-sum and dollar cost averaging respectively.   Which one to use depends on where your preferences lie on the risk/reward scpectrum. Dollar cost averaging (DCA) has lower risk and lower reward than lump sum investing. In my opinion, I don't like it. DCA only works better than lump sum investing if the price drops. But if you think the price is going to drop, why are you buying the stock in the first place? Example: Your uncle wins the lottery and gives you $50,000. Do you buy $50,000 worth of Apple now, or do you buy $10,000 now and $10,000 a quarter for the next four quarters? If the stock goes up, you will make more with lump-sum(LS) than you will with DCA. If the stock goes down, you will lose more with LS than you will with DCA. If the stock goes up then down, you will lose more with DCA than you will with LS. If the stock goes down then up, you will make more with DCA than you will with LS. So it's a trade-off. But, like I said, the whole point of you buying the stock is that you think it's going to go up, which is especially true with an index fund! So why pick the strategy that performs worse in that scenario?\""}
{"_id": "333966", "title": "", "text": "I think you'll find some sound answers here: Money Creation in the Modern Economy by the Bank of England Where does money come from?  In the modern economy, most money takes   the form of bank deposits. But how those bank deposits are created is   often misunderstood. The principal way in which they are created is   through commercial banks making loans: whenever a bank makes a loan,   it creates a deposit in the borrower\u2019s bank account, thereby creating   new money.  This description of how money is created differs from the   story found in some economics textbooks."}
{"_id": "334027", "title": "", "text": "I think you're right, it is a big problem, and one without an apparant solution.  Because of the distributed nature of investors, it's difficult to organize them into a body that would seek and pay for suck ratings.  It's like a threesome principal agent problem.  In a perfect world, there would be more control exercised by investors.  But due to the manner in which the modern world saves, this is also very difficult."}
{"_id": "334061", "title": "", "text": "I have taken to using the service TransferWise. I have found them to be faster and cheaper and easier than using SWIFT, given the US Banking's... antiquated system of doing things. I've made dozens of transfers between my international accounts with TransferWise over the past 18 months. Some of them very large and some of them tiny, and even when there's been an issue (I once wrote an offensive joke in my narration for the transfer and they noticed) they have handled it respectfully and quickly. Prior to transferring money to US accounts, I used the SWIFT system - but SWIFT has a pretty spotty record in the US. Some banks you can do it all online but other banks, as Dheer mentioned, you have to go into the bank and sometimes find a senior staff member before you can find someone who even knows what SWIFT is."}
{"_id": "334071", "title": "", "text": "The best scenario I've heard is by Tyler Cowen:   Basically, the Greek Government runs out of Euros.  So they print up IOUs to issue to their workers, pensioners, etc promising payment of Euros at some future date.   The first day, some wag holds up the IOUs says 'hey, look at these drachmas'.  By the seventh day, the IOUs are trading at a discount - there's an exchange rate between the IOUS and Euros, and you in essence have a Drachma currency.  What that does in terms of converting external debts, bank accounts, and etc from Drachmas into Euros I'm not sure about.   Obviously this isn't the best way to go about getting out of the Euro, but it's the best 'muddle through' option and given how Europe in general has been dealing with this problem it's highly probable this is the method they'll take."}
{"_id": "334077", "title": "", "text": "\"If you're looking for a well-rounded view into what it's like to actually own/manage real-estate investments, plus how you can scale things up & keep the management workload relatively low, have a look at the Bigger Pockets community.  There are blogs, podcasts, & interviews there from both full-time & part-time real estate investors. It's been a great resource for me in my investments. More generally, your goal of \"\"retiring\"\" within 20 years is very attainable even without getting extravagant investment returns.  A very underrated determinant in how quickly you build wealth is how much of your income you are contributing to investments. Have a look at this article: The Shockingly Simple Math Behind Early Retirement\""}
{"_id": "334095", "title": "", "text": "You should be receiving monthly P&amp;L statements at the very least. Who did you have filing taxes, doing payroll, performing audits? It seems that many restaurants and bars have a slippery cash issue where profits seem to just slide out the doors. Everyone touching cash might be skimming and if the manager is doing all the totals and reconciling the tills and filing taxes then that single point of failure is going to KILL you."}
{"_id": "334097", "title": "", "text": "Its not going off at a tangent. You need to be fully grounded in healthcare in order to understand it. If you are grounded in economic abstraction you will never understand it, because it is not like any other economic activity.    If you treat it like a business, it will be very expensive because it deals with the most precious thing that people have, their lives."}
{"_id": "334104", "title": "", "text": "That is a false equivalence.  That worked because Microsoft is in a dominant position, owns the channel and could afford to lose money on its platform for a long time. I don't remember how long MSFT lost money on the XBox. It might still be doing it and making money some other way,  Would XBox have even worked if all Microsoft did was to charge a monthly fee for using the XBox, while the rest of the platform was owned by Sony(or Nintendo) and they had a strong incentive to not let MS succeed?"}
{"_id": "334105", "title": "", "text": "Not true at all, one is a hard to calculate double tax that stifles growth and adds weird, usually unexpected, incentives into the market, and the other taxes wealth.  Even the bluest economist should support an end to corporate tax, because it becomes a way to tax lower-class citizens higher than they would without it.  Every middle-class family has a 401k or other IRA which is being taxed due to corporate taxes.  Corporate taxes also are passed on to low wage consumers, depending on the elasticity."}
{"_id": "334107", "title": "", "text": "\"This kind of investment is called \"\"sweat equity\"\".  It is sometimes taken into account by lenders and other investors.  Such investors look at the alleged value of the input labor with a very skeptical eye, but they often appreciate that the entrepreneur has \"\"skin in the game\"\". The sort of analysis described by the original poster is useful for estimating \"\"economic profit\"\" -- how much better off was the entrepreneur than if he had done something else with his time.  But this sort of analysis is not applicable for tax purposes for most small businesses in the United States. It is usually not in the entrepreneur's interest to use this method of accounting for tax purposes, for three reasons: It requires setting up the business in such a way that it can pay him wages or salaries for his time.  The business might not have enough cash resources to do so.  Furthermore, setting up the business in this way requires legal and accounting expertise, which is expensive. If the entrepreneur does set up the business like this, the wages and salaries will be subject to tax.  Wage and salary tax rates are often much higher than capital gains tax rates, especially when one considers taxes like Social Security taxes, Medicare taxes, and Business & Occupation taxes. If the entrepreneur does set up the business like this, the taxes on the wages and salaries would be due long before the hoped-for sale of the company.  The sale of the company might never happen.  This results in a time-value-of-money penalty, an optionality penalty, and a risk penalty.\""}
{"_id": "334111", "title": "", "text": "\"The only good reason I find to close cards are: it's a card with an annual fee that you don't need.  No point bleeding money each year. churning rewards.  Open card to get bonus promotion such as \"\"spend $500 in first 3 months, get $200 bonus\"\".  Close card and open a year later to do that same bonus again if available.  Many cards don't allow you to do this. making room for newer cards at the same bank.  Example, you have 5 Chase Cards and you want to apply for a 6th.  Chase says you have maximized your credit they will extend you.  You close one of your existing cards to get that new card. I have seen that many banks allow you to shift over some over your existing available credit to your new card without having to close them.\""}
{"_id": "334133", "title": "", "text": "1. BRK.A is a listed Co so it doesnt face redemption problems on its funds.    2. BRK.A is a listed Co, so the valuation of its holdings is depending on its own auditor w/ little scrutiny, aka, it mark could be more flexible and doesn't hurt its asset book."}
{"_id": "334137", "title": "", "text": "Step 1)I answer the phone saying it is illegal to call my cell phone and I want all further communications in writing. Put this number on the do not call list and reverse search the number they dialed. Step 2) I say that whoever changed their number and how long I have owned the number and I call forward when they don't stop. I forward calls through google voice and mark them as spam. They get a sorry number was disconnected recording. Step 3) REALLY HARSH. I say the person passed away only if they aren't deterred enough by the previous efforts or they get cross into extreme harassment. Usually Step 1 is enough to stop the calls no matter who they ask for."}
{"_id": "334154", "title": "", "text": "If you are using the money to invest in a property (even abroad) then you can claim tax exemption. while some people will tell you that the reinvestment should be in India only, it have been ruled that the property can be purchased abroad too.."}
{"_id": "334162", "title": "", "text": "Here is an example for you. We have a fictional company. It's called MoneyCorp. Its job is to own money, and that's all. Right now it owns $10,000. It doesn't do anything special with that $10,000 - it stores it in a bank account, and whenever it earns interest gives it to the shareholders as a dividend. Also, it doesn't have any expenses at all, and doesn't pay taxes, and is otherwise magic so that it doesn't have to worry about distractions from its mathematical perfection. There are 10,000 shares of MoneyCorp, each worth exactly $1. However, they may trade for more or less than $1 on the stock market, because it's a free market and people trading stock on the stock market can trade at whatever price two people agree on. Scenario 1. MoneyCorp wants to expand. They sell 90,000 shares for $1 each. The money goes in the same bank account at the same interest rate. Do the original shareholders see a change? No. 100,000 shares, $100,000, still $1/share. No problem. This is the ideal situation. Scenario 2: MoneyCorp sells 90,000 shares for less than the current price, $0.50 each. Do the original shareholders lose out? YES. It now has something like $55,000 and 100,000 shares. Each share is now worth $0.55. The company has given away valuable equity to new shareholders. That's bad. Why didn't they get more money from those guys? Scenario 3: MoneyCorp sells 90,000 shares for more than the current price, $2 each, because there's a lot of hype about its business. MoneyCorp now owns $190,000 in 100,000 shares and each share is worth $1.90. Existing shareholders win big! This is why a company would like to make its share offering at the highest price possible (think, Facebook IPO). Of course, the new shareholders may be disappointed. MoneyCorp is actually a lot like a real business! Actually, if you want to get down to it, MoneyCorp works very much like a money-market fund. The main difference between MoneyCorp and a random company on the stock market is that we know exactly how much money MoneyCorp is worth. You don't know that with a real business: sales may grow, sales may drop, input prices may rise and fall, and there's room for disagreement - that's why stock markets are as unpredictable as they are, so there's room for doubt when a company sells their stock at a price existing shareholders think is too cheap (or buys it at a price that is too expensive). Most companies raising capital will end up doing something close to scenario 1, the fair-prices-for-everyone scenario. Legally, if you own part of a company and they do something a Scenario-2 on you... you may be out of luck. Consider also: the other owners are probably hurt as much as you are. Only the new shareholders win. And unless the management approving the deal is somehow giving themselves a sweetheart deal, it'll be hard to demonstrate any malfeasance. As an individual, you probably won't file a lawsuit either, unless you own a very large stake in the company. Lawsuits are expensive. A big institutional investor or activist investor of some sort may file a suit if millions of dollars are at stake, but it'll be ugly at best. If there's nothing evil going on with the management, this is just one way that a company loses money from bad management. It's probably not the most important one to worry about."}
{"_id": "334171", "title": "", "text": "If you can't accept that population growth is the largest driver of demand, we'll just have to agree to disagree. Sewing needles are absolutely driven by population growth. As the population grows, so too does the demand for textiles. Therefore if one factory is capable of producing clothes for 100 people and automation doubles its output, growing the population to 400 would create jobs by necessitating another factory, even though automation increased efficiency."}
{"_id": "334185", "title": "", "text": "\"IMO the right path usually depends on how long you depend on staying in the home and how much you put down. The idea behind paying the higher rate is that you can easily recoup $0.25-35 on the dollar in taxes if you go with the higher rate -- at least for the first few years. But that \"\"benefit\"\" becomes less valuable over time, as you pay more interest in the beginning of the loan. It's a good deal in many cases, as the trend over the last few years is to put 5% or less down, and most people stay in homes for around 7 years. In your case, you are putting down a substantial down payment, and with only 4 years to 80% LTV (or less, if the market improves), taking the lower rate with PMI makes more sense.\""}
{"_id": "334191", "title": "", "text": "\"I will echo the others; your home should be worth more to you than its market value. It is YOUR HOME. It's where you come home every day to your wife and kids, where you build a life. Yes it's an investment, but it's not like a stock or bond that you hold for a little while and then cash out for the profit. The one time you should be worried about being \"\"upside-down\"\" on your mortgage is if you're getting out. If you're moving to a new job at a new company in a new city, you have to make good on the remaining loan balance, and that won't all be from the sale of the house. Unless you're at that point however, if you can afford making the payments and have no reason to move or to cash in equity (of which you have none), then just keep making the payments. Hey, it's better than rent; you'll never see rent money again, while even if you're underwater, you're making headway with each payment.\""}
{"_id": "334193", "title": "", "text": "\"Don't copy that floppy!  Yes, we all remember when 'global trade' collapsed due to [Apple II locksmith and C64 \"\"Fast Hack'em\"\"](https://en.wikipedia.org/wiki/Bit_nibbler).  3D printing isn't the 'pirate bay' equivalent; it's more like [8-track tape duplicating](https://books.google.com/books?id=jikEAAAAMBAJ&amp;pg=PA14&amp;lpg=PA14&amp;dq=Make-A-Tape+8+Track+Duplicator&amp;source=bl&amp;ots=cWrKGc-lIN&amp;sig=TRpRbQpaI5agAKxoNfoztK3DtZA&amp;hl=en&amp;sa=X&amp;ved=0ahUKEwjrzoif5-PWAhWCilQKHTeoAaMQ6AEIUjAL#v=onepage&amp;q=Make-A-Tape%208%20Track%20Duplicator&amp;f=false), except the hype is the same.\""}
{"_id": "334213", "title": "", "text": "\"The COBRA idea is interesting but I am not sure it will be cheaper than Obamacare - health insurance is just insanely expensive; best for him to discreetly ask HR before leaping.  The \"\"good\"\" news is that in two years, he should be eligible for Medicare, which should be a better option. So as Dave said, go with Obamacare or COBRA depending on cost and other factors (doctors in network, etc.) and wait for Medicare to kick in. Also, given that his income is going to go very low really soon, he will be eligible for Obamacare low-income subsidies, which will reduce the bill even further. Further, if you get a Silver or Bronze Obamacare plan, you can stash away $3,300 in a Health Savings Account (HSA) tax free, which should further help with expenses. I am sorry your dad is having to leave his job of 30+ years because of some new jerk. However, I hope that the advice you get here will help you find good options for your dad.\""}
{"_id": "334214", "title": "", "text": "\"I had the same thing happen to me in late 2010.  I contacted the big company's bored-sounding payroll department - after wading through the phone menu, and more than one \"\"all of our operators are busy, please call back later <click>\"\" - and told them I had this extra money.  The guy in India told me that my petition would be investigated and that a ticket would be opened.  I heard nothing for a couple of weeks.  I followed up with payroll.  They said that my petition investigation had determined that I did indeed get paid extra, and they'd be sending me a letter demanding the overpayment. I received no letter, and a month later (January 2011) I got a W-2 with the paycheck included on it.  I decided that I'd spent enough of my own time and effort on it, and if they wanted it back, the ball was in their court.  I changed my bank account numbers to prevent them from auto-debiting my account, and spent the money as if it was mine.   I have not heard anything about it since then. From what I was able to determine, once I'd made a good-faith effort to return it, I was in the clear. And for what it's worth, it's not like you can just \"\"return\"\" it.  Among other things: I certainly wasn't just going to mail the company a check and hope for the best.\""}
{"_id": "334232", "title": "", "text": "&gt; MSNBC is not just as bad.   And this is how you can identify someone who has been brainwashed by the television and probably needs to be rescued.  It's two sides of the exact same coin, and their only real goal is to control every moment of your life. Wake up or live as a slave."}
{"_id": "334236", "title": "", "text": "I would agree, my arguments have been from the extreme, because my OP in this thread was a reply to an extreme statement:    &gt; Tax evaders are heroes.   &gt; I don't think taxes should be abolished. But since it is someone else's income, it needs to be used sparingly and efficiently. Subsidizing internet and electric cars aren't something you should be spending millions of people's money in.  Okay, now we are getting to some common ground. Specifics are where the real meat lies. You started with internet and electric cars. Sweat, lets start there. I infer from this that you enjoy / support the internet and gas powered cars, and are against government intervention when it comes to the dissemination of the internet and investment in electric cars?   What if I told you that the prevalence and success of both of those inventions were spurred by government investment?"}
{"_id": "334261", "title": "", "text": "I think 3,000 shares would swallow up the sizes on the ask to bring it up to 25 right now just looking at level 2 quotes.  But then you'll attract some sellers to bring it down right after I'm sure.  edit:  You just have to swallow up the offers out there.  But a big move in price and people/marketmakers will likely see it as an opportunity to take advantage of a market move based on just one buyer and start selling and bringing the price back down."}
{"_id": "334273", "title": "", "text": "WQC Design Studio are committed to providing our Client\u2019s with the best there is in the marketplace. We will communicate with you, our client to get the idea of your vision for your business, which will be what customers see when browsing your website."}
{"_id": "334275", "title": "", "text": "I'm going have to go with a gigantic FALSE for the PS3 and PSVita. While the Vita hasn't done as well as projected, it's still doing relatively well.   Ever since Sony launched the original PS3 Slim, the PS3 has outsold the 360 and over took the 360's market share. [Source](http://www.vgchartz.com/article/250111/2012-year-on-year-sales-and-market-share-update-to-april-21st/).  Nintendo is a juggernaut and the Wii was targeted towards a COMPLETELY different demographics than the PS3, so the only direct competitor to the PS3 would be the 360.  However, for underperforming, the PSVita still managed to take nearly a 30% chunk out of the 3DS' market share within a year.   I'm not going to comment on Sony's other product lines because I don't have the data on them, but as far as the Playstation brand goes, they're doing considerably well since they debuted the Slim, and over the lifetime of the systems, the PS3 only trails the 360 by 9/10s of a percent of market share. That is remarkable considering the 360 had a year's jump on the PS3 and dominated the PS3 for the first three years of it's life.  Again, here's the [source](http://www.vgchartz.com/article/250111/2012-year-on-year-sales-and-market-share-update-to-april-21st/) for all of the above.  For their smartphones, I will say that, while they have horrible market share, they could still be a viable player with a few small changes. They do support AOSP already, so by being practically the first OEM to go pure AOSP for their Android smartphones could give them a significant boost. Add to that a potential Sony Nexus Play, and they could easily get caught up to LG and HTC. I'm not foolish enough to think that they can compete with Samsung Mobile in the near future, but they could still make a significant comeback in the next 12-24 months rather easily."}
{"_id": "334287", "title": "", "text": "While true, I don't have capital.  The VC does.  And while whatever my product is is in development, I'm haemorrhaging that capital on things like food and rent.  If I want to make more, my startup is put on hold while I find some paid work.    The dollar signs are an incentive for the VC to help make your business a success."}
{"_id": "334301", "title": "", "text": "I have been in a similar position as you for the past few years. I put a bunch of cash into a tax free savings account (canadian) instead of paying down debt.   My rationale was that I wanted the exposure to the market and had to be in it in order to pay attention. I also put money into an rasp,  but only because my employer matched it (100% gain, no brainer).  Looking back, I think it would have been a better idea to get debt free sooner. Having that debt weighs on you and haunts everything you try to do. You can't afford rent where you want to be, where you should be. There's no keeping up with the Jones' if you're paying off debt.  That being said, in Canada your student loans are secured and if you lose your job, the government makes payments for you. If your loans are structured like this, then you are better off hanging onto that money."}
{"_id": "334313", "title": "", "text": "\"It means price movements in the past do not affect price movements in the future. Think of the situation of a coin, if you flip it once, and then you flip it a second time, the results are independent of each other. If the first time, you flipped a HEAD, it does not mean that the coin will remember it, and produce a TAIL the second time. This is the meaning of \"\"memoryless\"\". FYI, stock markets are clearly not memoryless. It is just an assumption for academic purposes.\""}
{"_id": "334338", "title": "", "text": "It's because I can go on the internet and find free porn that will satisfy me for the 5-10 minutes that I need. The quality may not be great, but who *wants* to spend money on porn? That's like admitting to your friends the only way you can get laid is by prostitutes, except here you're not even getting laid.   I would say there's anecdotal evidence based on personal experience that it's less about the actual cost of porn, but more about the psychological part of having to purchase a video to jerk off to."}
{"_id": "334343", "title": "", "text": "Switzerland was once known for its high regard for private property rights.  Recently it is has started to violate those rights by forcing banks to turn over the names of account holders to the US government.  Not a great trend. Another aspect that makes Switzerland an attractive place for people and businesses is the Swiss governemnt's neutral policy.  The Swiss government is not deploying the Swiss military around the globe to fight terrorism, to spread democracy, to advance its own power, or other such murderous government programs.  The Swiss people do not have to worry about the payback that arrives because of such depraved government programs. The Swiss were traditionally extreme advocates of individual gun rights which allows the people to provide protection for themselves against others and against the government.  This too is changing (read section on The Enemy Within) in a not so favorable direction. I also belive the Swiss Franc was the last major currency to sever its tie to gold.  The currency use to be highly desired due to its tie to gold.  I think the currency is still highly regarded but the Swiss central bank is participating in the currency war and has attempted multiple times in the past couple of years to debase its currency so it does not appreciate against the euro or dollar."}
{"_id": "334356", "title": "", "text": "it's just a passthrough security essentially.  sofi packages a bunch of loans, refinances them for the student, and you invest in sofi corporate debt as they pass through the returns on the loan to you in the form of bond cpns.  i mean its not exactly the same, but its pretty close"}
{"_id": "334379", "title": "", "text": "Plenty of retired people do stay in the US for longer than 60 days and don't pay taxes. In this IRS document 60 days stay appears to be the test for having a 'substantial presence' in the US, which is part of the test for determining residency. However the following is also written: Even if you meet the substantial presence test, you can be treated as a nonresident alien if you are present in the United States for fewer than 183 days during the current calendar year, you maintain a tax home in a foreign country during the year, and you have a closer connection to that country than to the United States.  In other words, if your property in the US is not your main one, you pay tax in another country, and you stay there less than half the year, you should be treated as a non-resident (I am not a lawyer and this is not advice). This IRS webpage describes the tax situation of nonresident aliens. As I understand it, if you are not engaged in any kind of business in the US and have no income from US sources then you do not have to file a tax return. You should also look into the subject of double tax agreements. If your home country has one, and you pay taxes there, you probably won't need to pay extra tax to the US. But again, don't take my word for it."}
{"_id": "334380", "title": "", "text": "I am a retired Air Traffic Controller of 30 years. There is no way a computer could contend with every contingency that comes up in the air. Yes, Flight management systems do take over in most cases for efficiency purposes but there  is no way I would board an aircraft with no one up in the front office."}
{"_id": "334383", "title": "", "text": "Interactive Brokers provides historical intraday data including Bid, Ask, Last Trade and Volume for the majority of stocks. You can chart the data, download it to Excel or use it in your own application through their API.  EDIT: Compared to other solutions (like FreeStockCharts.com for instance), Interactive Brokers provides not only historic intraday LAST**** trades **but also historic BID and ASK data, which is very useful information if you want to design your own trading system.  I have enclosed a screenshot to the chart parameter window and a link to the API description."}
{"_id": "334387", "title": "", "text": "\"Gotta keep coming back don't ya. I replied to your false statement that Trump caused insurer dropout. You admitted you were wrong, then sent a opinion piece with no actual data - just feels. I told you the root cause was overcharging by hospitals. Then you tell me you agree, but is another topic. Then 2 fucking sentences later \"\"address the cost of care\"\". I fucking give up.\""}
{"_id": "334391", "title": "", "text": "The idea you present is not uncommon, many have tried it before.  It would be a great step to find landlords in your area and talk to them about lessons learned.  It might cost you a lunch or cup of coffee but it could be the best investment you make. rent it out for a small profit (hopefully make around 3 - 5k a year in profit) Given the median price of a home is ~220K, and you are investing 44K, you are looking to make between a 6 and 11% profit.  I would not classify this as small in the current interest rate environment. One aspect you are overlooking is risk.  What happens if a furnace breaks, or someone does not pay their rent?  While some may advocate borrowing money to buy rental real estate all reasonable advisers advocate having sufficient reserves to cover emergencies.   Keep in mind that 33% of homes in the US do not have a mortgage and some investment experts advocate only buying rentals with cash. Currently owning rental property is a really good deal for the owners for a variety of reasons.  Markets are cyclical and I bet things will not be as attractive in 10 years or so.   Keep in mind you are borrowing ~220K or whatever you intend to pay.  You are on the hook for that.  A bank may not lend you the money, and even if they do a couple of false steps could leave you in a deep hole.  That should at least give you pause. All that being said, I really like your gumption.  I like your desire and perhaps you should set a goal of owning your first rental property for 5 years from now.  In the mean time study and become educated in the business.  Perhaps get your real estate license.  Perhaps go to work for a property management company to learn the ins and outs of their business.  I would do this even if I had a better paying full time job."}
{"_id": "334393", "title": "", "text": "I agree, I am a small business owner.  But my original point is that companies large and small got to pay low rates for almost a decade now.   And they profited from it.   economics tell you that it will swing back eventually.   Conceptually you may have to pay more, you may have to charge more, but your clients are probably making more."}
{"_id": "334401", "title": "", "text": "It sounds as though you were able to purchase your properties through fortuitous circumstances.   Not everyone is going to have spare cash lying around, especially considering [ 71% of  US college grads have loan debt, averaging ~$30,000.](http://projectonstudentdebt.org/state_by_state-data.php)"}
{"_id": "334407", "title": "", "text": "\"Short answer: Absolutely not, unless you're comfortable with putting years of your labor into a depreciating asset that will incur hefty maintenance costs over its remaining life. i.e. consider your 10K gone forever once you buy the car, and then some. Some comments on your reasons: \"\"Keeping up with spoiled brats\"\" is a losing proposition, and is a mindset counterproductive to financial independence. I'd encourage you to find a way to not care about how the spoiled brats live their lives. It won't be easier when you're older and you see your peers driving fancy cars and living fantasy lifestyles that you are tempted to emulate. Break the impulse to \"\"keep up\"\" and you'll be in a much better place. A used BMW may not be a piece of junk at first, but once you hit 100K miles, everything will suddenly fall apart and need repair. Been there myself. Still have the car after 7 years, only because very few people want to buy a high-mileage German sport sedan with recurring maintenance issues. See #2. It will be a good drive for a while, then it will own you. This is not so bad when you have a decent amount of savings, but when you have nothing, it's very hard to truly enjoy the car while knowing that any problems not covered by warranty will be financially devastating. Are you prepared to ride the bus for 4 weeks while saving enough income from work to replace a bad clutch? I had to do this, and it's not something I brag about.\""}
{"_id": "334421", "title": "", "text": "Well, it really depends on for how long the quote has been made. But yes, when you're honoring it, you should let them know that this is a once of thing and that you're out of pocket doing  it. Most people will understand and when you make the appropriate quote next time around,  especially when elaborate where the additional cost that you did not account for initially, come from. It's important to maintain customer trust by being transparent. You can justify higher prices with time needed, material needed or whatever comes to mind. It's just important to convince that customer that without it, they  wouldn't get this superb service that they're getting now."}
{"_id": "334423", "title": "", "text": "&gt; Documents filed in federal court in Washington include a number of references to emails in which ING employees were told to take steps to hide the true identities of U.S.-sanctioned parties to ensure that their transactions cleared the U.S. sanctions net, but there is no sign that prosecutors plan to bring charges against any of the bankers involved in the email exchanges, Mazur said.   Ugh, while I'm not surprised they are not being prosecuted, this makes me want to throw things."}
{"_id": "334436", "title": "", "text": "I wouldn't use it to take leverage unless you don't mind loosing your entire investment (this is a possibility as shares are already quite volatile). However, you don't have to take leverage and still trade CFDs. Benefits of doing so: Disadvantages:"}
{"_id": "334463", "title": "", "text": "I don't believe the decision is decided by age or wealth.  You only stock pick when  a) you enjoy the process because it takes time and if you consider it 'work' then the cost will probably not be offset by higher returns. b) you must have the time to spend trading, monitoring, choosing, etc. c) you must have the skills/experience to 'bring something to the table' that you think gives you an edge over everyone else.  If you don't then you will be the patsy that others make a profit off."}
{"_id": "334470", "title": "", "text": "The 3% and 9% figures are based on the cost of borrowing money and all the other ownership costs associated with real estate.  From the same article: http://patrick.net/housing/crash1.html Because it's usually still much cheaper to rent than to own the same   size and quality house, in the same school district. In rich   neighborhoods, annual rents are typically only 3% of purchase price   while mortgage rates are 4% with fees, so it costs more to borrow the   money as it does to borrow the house. Renters win and owners lose!   Worse, total owner costs including taxes, maintenance, and insurance   come to about 8% of purchase price, which is more than twice the cost   of renting and wipes out any income tax benefit. Imagine you are renting a house. If the cost of your annual rent is lower than X then renting is obviously the best idea from a monetary calculation. If rent is greater than Y being a landlord makes more sense. In the middle it is debatable, and the non-monetary reasons need to be considered."}
{"_id": "334473", "title": "", "text": "You can buy a put and exercise it. The ideal option in this case will have little time premium left and very near the money. Who lent you the shares? The person that sold you the option! In reality, when you exercise,  assignment can be random, but everything is [supposedly] accounted for as the option seller had to put up margin collateral to sell the option."}
{"_id": "334474", "title": "", "text": "This argument appears to assume that premiums will remain the same.    You have to ask:  If autonomy reduces the frequency of accidents, why would you consider to pay the same insurance premium for the product?  If Geico was selling a product that had a $1000 premium with a 50% margin, but is now selling a $200 product with a 75% margin, it's making a heck of a lot less in aggregate.  Can't say that's a good thing."}
{"_id": "334488", "title": "", "text": "I think it is just semantics, but this example demonstrates what they mean by that: If you put $100 in a CD today, it will grow and you will be able to take out a greater amount plus the original principal at a later time. If you put $100 extra on your house payment today, you may save some money in the long run, but you won't have an asset that you wouldn't otherwise have at the end of the term that you can draw on without selling the property. But of course, you can't live on the street, so you need another house. So ultimately you can't easily realize the investment. If you get super technical, you could probably rationalize it as an investment, just like you could call clipping coupons investing, but it all comes down to what your financial goals are. What the advisers are trying to tell you is that you shouldn't consider paying down your mortgage early as an acceptable substitute for socking away some money for retirement or other future expenses. House payments for a house you live in should be considered expenses, in my opinion. So my view is that paying off a note early is just a way of cutting expenses."}
{"_id": "334491", "title": "", "text": "\"The most important thing is to start.  Don't waste months and years trying to figure out the \"\"optimal\"\" strategy or trying to read all the best books before you start.  Pick a solid, simple choice, like investing in your company sponsored 401(k), and do it today.   This I Will Teach You To Be Rich post on barriers has some good insight on this.\""}
{"_id": "334495", "title": "", "text": "You have two problems, money exchange commissions and currency risk. Commissions are always exorbitant. First you must find the cheapest way to get your money converted to the foreign currency and into your brokerage account. The absolute cheapest way may involve some research and financial institution maneuvering. Also I'd forget about anything other than USD for the foreseeable future. Any other foreign currency will probably have higher commissions and a weaker market. Once you have that down, you must avoid needlessly exchanging currencies. Keep a balance in the foreign currency, keep all dividends and capital gains there, and only take local money out of your brokerage account right before using it.  That means of course that you need to keep enough local currency to pay taxes on any gains, etc. As for currency risk, there are two solutions. One solution is to buy your risk away using forex. You sell an amount of USD/AED lots that is mostly equivalent to your current investments and then just make sure you don't get margin calls. I'm not sure just how cheap your rates would be in the UAE, but, on average, your investments should still have positive returns. The other solution is to just stop seeing exchange rate fluctuations as losses. If you had USD 100k and now you have USD 115k how are you losing money? Exchange rates can go the other way just fine, you know, and holding USD is a good way to hedge against your country going south."}
{"_id": "334522", "title": "", "text": "Today is a free online dating one of the stir activities on the Internet. Basically, the first online dating sites were not that efficient and enjoyable that much as of today. Audating Sites is the best one way for you, here you can meet a single and a married person and can be housewife sex. More and more people are pleasant online to meet and date each other and make lasting relationships through these dating websites."}
{"_id": "334542", "title": "", "text": "Dividends are a form of passive income."}
{"_id": "334559", "title": "", "text": "\"The question posted was, \"\"Should I pay off a 0% car loan\"\"? The poster provided a few details: I'm ahead on 0% interest car loan. I don't have to make a payment until October. I currently owe $3,000 and I could pay it all off. Should I do that or leave that money in my savings account that earns 2% interest? The question seems to seek a general rule of thumb for how to behave with smaller debts. And a general rule of thumb could be taken from one of two principles (which seem to be religious camps). The \"\"free money\"\" camp believes that you can invest (even small amounts) of money risk-free and receive high returns, tax free, for zero effort. The \"\"reduce debt\"\" camp believes that you should pay off debts so that you have the freedom to live your life unfettered. Which religion do you prefer? I tend to prefer paying off debts. The \"\"free money\"\" tent wants you to pay the car off over the next 6 months, earning interest. Suppose you can earn 2% interest (.02/12 per month), paying $500 per month for 6 months. So you earn interest on 3000 the first month, 2500, the second month, 2000 the third month, So, are you feeling rich, earning $13.13? How much time did you spending making the 5 additional payments? You could skip coffee once/month and make a bigger difference. The \"\"reduce debt\"\" tent would have you pay off the car. Suppose you change your deductible on the car (or drop collision) to save money, and you will also same time by avoid 5 bill payments, But do you still have enough money in your emergency fund, how do you feel about having less insurance coverage, and did you notice the time savings? We really need more information about the poster's situation. The answer should consider the relevant details of the situation to provide an informed response. Here are questions that would enable a response to address the whole situation. Why are these important? Here are a few reasons why the above might be important.\""}
{"_id": "334571", "title": "", "text": "\"I am sorry to hear that.   Well, finance is a VERY large field encompassing decades upon decades of research, and thousands of pages of research. This question is usually a difficult one to answer simply because of the scope. My usual answer to people is to browse around this sub and the internet and learn from that, and then for specific questions to ask.   For your purposes, take a look at investopedia.com. While here it's an \"\"okay\"\" source, for a beginner I think it's a good place to start.  Is there any specific thing you have a question about now?  I know you mentioned the Big Short and some other things. Just keep in mind anything coming from Hollywood will be *extremely* biased.\""}
{"_id": "334574", "title": "", "text": "After more than 30 years of married life the only thing that has worked is to partner with someone who is your opposite. I am a saver, my wife is a spender. Each pay period we establish a budget. Only those things to which we both agree go into the budget. If we violate the budget the other one holds the violator accountable.  Be sure to put some 'slop' into the budget, you cannot perfectly predict the future. The budget can, and will, change throughout the pay period, but only if both agree to the change."}
{"_id": "334577", "title": "", "text": "When I place an order with Scottrade I also have to specify if I am wanting to trade outside of normal hours."}
{"_id": "334592", "title": "", "text": "Buy an accounting for MBA's book and go through that.  It's the absolute base of finance.  I can't see how you can even wrap your head around most of the articles in FT or in the Economist if you don't know what a balance sheet, income statement, cashflow statement or statement of shareholders equity is.    This is absolutely a requirement for any understanding of the finance sector, or you'll become just another schmoe on CNBC."}
{"_id": "334603", "title": "", "text": "\"If you have a single member LLC there is no need to separate expenses in this way since it is simply treated as part of the owner's normal tax returns.  This is the way I've been operating. Owner of Single-Member LLC   If a single-member LLC does not elect to be treated as a corporation, the LLC is a \"\"disregarded entity,\"\" and the LLC's activities should be reflected on its owner's federal tax return. If the owner is an individual, the activities of the LLC will generally be reflected on: Form 1040 Schedule C, Profit or Loss from Business (Sole Proprietorship) (PDF) Form 1040 Schedule E, Supplemental Income or Loss (PDF) Form 1040 Schedule F, Profit or Loss from Farming (PDF) An individual owner of a single-member LLC that operates a trade or business is subject to the tax on net earnings from self employment in the same manner as a sole proprietorship.   If the single-member LLC is owned by a corporation or partnership, the LLC should be reflected on its owner's federal tax return as a division of the corporation or partnership. https://www.irs.gov/businesses/small-businesses-self-employed/single-member-limited-liability-companies\""}
{"_id": "334606", "title": "", "text": "Generally speaking, most banks will require all of the signers on the account to be present.  However, and this is the big however, the signers do not necessarily need to be the same people as the members. You could have one of the members be the sole signer. You could have an outside accountant be the signer. Etc. Regardless of who your signers are (ie, even if they are the same as the members) you will absolutely need a resolution from the members giving the signers authority to be signers. So, for instance, if you personally will be present but the other member won't be, you will both need to sign the resolution appointing you as the signer."}
{"_id": "334614", "title": "", "text": "Why should capital gains be taxed at a lower rate than labor? It is because the tax code is really a philosophical tool (while also raising the revenues required to fund the government).  I get to vote for federal, state and local representatives. The constitution is a Federal system. That should be sufficient reason for 100% of the conservative movement -- Trumpists exist in a separate category, but their share of the electorate dwindles with every tweet."}
{"_id": "334615", "title": "", "text": "First of all Dodd Frank is nowhere near Glass Steagall. Infact we need a Glass Steagall law in place to prevent any future meltdowns.  Dodd Frank is some common sensical regulatory road bumps. They wont prevent the crash but they may slow it down a bit. Yet Wall Street and by extension the Republicans do not want any of that."}
{"_id": "334630", "title": "", "text": "\"If I come to your house with a gun and hand cuffs and say, \"\"you made this much money this year, therefore you owe me this much because I need healthcare/food/ect.\"\"  You are considered to be a victim of robbery.  If I come to your house with me and five buddies along with a gun and handcuffs, and say the same thing, you are still considered a victim of robbery.  If I got the whole neighborhood or say even the whole town to do that, you would be considered a victim of an angry mob.  Yet somehow when we vote on it, the non ability of us somehow become the ability of the government. We can't create rights and give them to people.     You have picked an interesting topic of Defense R&amp;D, as with people with beliefs like me (Voluntaryist/Anarcho-Capitalist), defense is one of the big topics of discussion because of the free rider problem.   To begin our debate with public vs private sector. It is not an argument to say that the technology wouldn't exist without government involvement. Yes, government made it happen, that doesn't mean that it would have never happened with out it.  I could name a lot of technologies that we all have come to know and love and say that it is proof that private is better, but that is not necessarily the topic of discussion. We are discussing who can do what better.  I would say that the US military has gone way overboard with the amount of technological spend. From what I've seen, the 2017 request is $12.5 billion for total tech spend for the military.  For 2016 alone, Amazon spent over $16 billion of their own money, that they required to giving value to their customers. Apple spent $10 billion last year, FaceBook $6 billion, and the list goes on.  I will gladly make the argument that all of those dollars are making our lives better than a \"\"better\"\" version of a predator drone that will undoubtedly kill just as many innocent lives anyway.    Additionally, you quoted my taxes and Bernie Sanders bit at the bottom of your post, but I don't see a response to that.\""}
{"_id": "334642", "title": "", "text": "Fair point.  I think malpractice insurance is more to protect the patient than the doctor, even though the doctor pays the premiums   The government requires it so they can't kill or injury a patient and then just declare bankruptcy without paying damages.  If claims were allowed for negligence that insurer would be creating what's known as a moral hazard issue and there would essentially be nothing stopping corporations/executives from constantly screwing over the public.  That insurer would be bankrupt in no time."}
{"_id": "334646", "title": "", "text": "The United Services Automobile Association has a funny legal structure: it's not a corporation and has no shareholders. Policyholders and account holders are paid any profits. In that respect, it functions very much like a credit union; technically, it's structured as a Texas-based and Texas Department of Insurance regulated unincorporated reciprocal inter-insurance exchange and Fortune 500 financial services company offering banking, investing, and insurance to people and families that serve, or served, in the United States military. http://en.wikipedia.org/wiki/USAA Normally a company like this is a corporation so that its owners can benefit from limited liability: otherwise, if the company loses millions or billions, any one of the individual owners / members could be held liable for paying those millions and billions! However, the Texas laws which govern them as a Texas-based inter-insurance exchange also serve to limit the liability of members. The banking services are provided by the USAA Federal Savings Bank, which is structured as a  (drumroll) federal savings bank. They also own a couple of other random businesses."}
{"_id": "334653", "title": "", "text": "\"The rate difference between your student loans and the historical yearly average growth in the S&P500 isn't large enough for me to play the \"\"pay minimums and invest the rest\"\" strategy.  If your loans were 2%, I might think about it. However, the 4% loans are guaranteed and mandatory expenses; discharging them even in bankruptcy is unlikely.  The quicker you pay them off, the sooner you won't have them hanging over your head in case of a \"\"financial setback\"\" (job loss, large expense uncovered by insurance, etc). (One good reason to pay the minimums, though, is to build up a $1K emergency fund.  When your debts are paid, then you can increase its size.)\""}
{"_id": "334654", "title": "", "text": "The best way to save on clothes is up to you.  I have friends who save all year for two yearly shopping trips to update anything that may need updating at the time.  By allowing themselves only two trips, they control the money spent.  Bring it in cash and stop buying when you run out. On the other hand in my family we shop sales.  When we determine that we need something we wait until we find a sale.  When we see an exceptionally good sale on something we know we will need (basic work dress shoes, for example), we'll purchase it and save it until the existing item it is replacing has worn out.  Our strategy is to know what we need and buy it when the price is right.  We tend to wait on anything that isn't on sale until we can find the right item at a price we like, which sometimes means stretching the existing piece of clothing it is replacing until well after its prime. If you've got a list you're shopping from, you know what you need.  The question becomes: how will you control your spending best?  Carefully shopping sales and using coupons, or budgeting for a spree within limits?"}
{"_id": "334657", "title": "", "text": "There is no difference they are both insufficient in 1 form or another.Bad slang for any check the bank won't cash, for any reason, Ie. insf. unreadable amount, acct or routing number, the acct.has been closed, or you didn't write the check(fraud). Bounced is slang for bank returned check unpaid.I wrote a bad check but it didn't bounce.The check is still insufficient but the bank didn't return it.  $500.00 is the felony threshold in okla. less than $500.00 is a misdemeanor. but insf. fees ranging from ($25.00 to $50.00 vendor returned check fee + amount of check) x (bank insf fees of $25 to $50)is an effective deterent."}
{"_id": "334669", "title": "", "text": "\"Maybe you're concentrating on all the circumstantial excuses you could come up with and ignoring the obvious fact that you are responsible for the outcomes in your life.  The sooner you accept this, the sooner you can improve your lot in life, and then hopefully make it easier for your kids than it was for you.  I mean, isn't that the fucking goal here?  Or is the goal to come up with as many different reasons as you can as to why \"\"the world isn't fair\"\"??\""}
{"_id": "334689", "title": "", "text": "\"Sigh.  &gt;just quoting the plaintiff's attorney. That's not going to be the source of unbiased information.  A COURT OF LAW determined this outcome.  It's not a biased opinion.  &gt;I most likely know far more about this topic than you...  While I am not making any assumptions on you base of knowledge.  Know that I have spent over 12 years in the finance arena.  I have my series 6, 7, 24 and 65.  I have worked for the Vanguard Group, Schwab Institutional (as Director level) and as a private investment manager. I would classify my knowledge level as \"\"above the average bear\"\".  I apologize if my previous post(s) came across as condescending - I have covered a number of examples in the hopes that we might find some mutual agreement to the following (initial) diversion of opinion:  Paraphrase:  \"\"sometimes Corporate BK laws are manipulated and go beyond the original intent of the original law\"\".   It's as simple as that.  I do not believe using these \"\"tools\"\" in this manner is \"\"good business\"\" practice.\""}
{"_id": "334696", "title": "", "text": "I'm generally very fiscally cautious. Social safety net run by the government often turn into financial messes. I'm all in favor of a UBI as a complete replacement of all non-medical welfare. In order to start voting for people that support it though, I'd have to be convinced we're not looking at Social Security 2.0 and that we're not going to be trying to add additional programs 10 years from now."}
{"_id": "334701", "title": "", "text": "\"From further in:   &gt;Kathleen Kennedy, current Co-Chairman of Lucasfilm, will become President of Lucasfilm, reporting to Walt Disney Studios Chairman Alan Horn. Additionally she will serve as the brand manager for Star Wars, working directly with Disney's global lines of business to build, further integrate, and maximize the value of this global franchise. Ms. Kennedy will serve as executive producer on new Star Wars feature films, with George Lucas serving as creative consultant. Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future.    and    &gt;The last Star Wars movie release was 2005's Revenge of the Sith \u2013 and we believe there's substantial pent up demand. In 2015, we're planning to release Star Wars Episode 7 \u2013 the first feature film under the \"\"Disney-Lucasfilm\"\" brand. That will be followed by Episodes 8 and 9 \u2013 and our long term plan is to release a new Star Wars feature film every two to three years. We're very happy that George Lucas will be creative consultant on our new Star Wars films and that Kathleen Kennedy, the current Co-Chair of Lucasfilm, will executive produce. George handpicked Kathy earlier this year to lead Lucasfilm into the future. She'll join Disney as President of Lucasfilm, reporting into Walt Disney Studios Chairman Alan Horn and integrating and building the Star Wars franchise across our company.\""}
{"_id": "334749", "title": "", "text": "Theoretically IRP works, in practice is a whole new game... I've been longing EURCHF leveraged up at the floor and collecting the rate differential.  When the ECB cuts rates i'll close the trade...  These are called carry trades and more commonly done right now with bonds."}
{"_id": "334750", "title": "", "text": "I can answer Scenario #3. If you are purchasing a property with buy-to-let intentions [\u2026] can you use the   rental income exclusively to fund the mortgage repayments? Yes \u2013 this is exactly how buy-to-let mortgage applications are evaluated. Lenders generally expect you to fund the mortgage payments with rent. They look for the anticipated monthly rent income to cover a minimum of 125% of the monthly mortgage payment. This is to make sure you can allow for vacant periods, maintenance, compliance with rules and regulations, and still be in profit (i.e. generate a positive yield on your investment). However, buy-to-let (BTL) mortgage lenders also generally expect you to own your own home to begin with. It's up to them, but rare is the lender who will provide a buy-to-let mortgage to a non-owner-occupier. This is because of point 2 above. The lender doesn't want you to end up living in the property because then you'll need to repay the loan capital, since you'll always need somewhere to live. This makes the economics of BTL unfavourable. They look at your application as a business proposal: quite different to a residential mortgage application, which is what your question seems to be addressing. Bottom line: You're right about scenario #3 but it sounds like you're trying to afford a home first, whereas BTL is best viewed as an investment for someone who already has their main residence under ownership (mortgaged or otherwise). As for Scenarios #1 and #2 I can't offer first hand answers but I think Aakash M. and Steve Melnikoff have covered it."}
{"_id": "334786", "title": "", "text": "Free? They spend millions of dollars for their Internet access.  Net neutrality isn't about them having free connections to the Internet, it's about preventing Internet service providers from using their position of power to choose which traffic to let through.   When Comcast and Verizon have their own video services or products that compete with online entities like Netflix and Hulu, that neutrality is what stands between them and monopolistic blocking of competition.  That's just one example.  Does that make more sense?"}
{"_id": "334790", "title": "", "text": "\"Soft / Sales skills are crucial for  more  industries, just treat this as a course in communication / stress management.  There's a great book called \"\"92 ways to  talk to anyone\"\", use this book and others as theory, and your internship as experience for this.\""}
{"_id": "334800", "title": "", "text": "If you are talking about a corporate entity, weighted average tenor refers to the average maturity of the company's bond portfolio (or all debt) from the issue date. For example, a company issues 2 bonds in 2017, one for $100 with a maturity of 2019 and one for $50 with a maturity of 2020. The weighted average tenor would be 2.33 years. These numbers are not exact, just trying to give you an illustrative example."}
{"_id": "334810", "title": "", "text": "\"You can't get your credit score for free, just the report with the information the score is based on.   If you got credit reports through annualcreditreport.com, the Score tab would typically contain an advertisement for purchasing your score.  If you have an ad-blocker enabled, that might be blocked, explaining the blank page.  Try turning off any browser extensions that alter how pages are shown.   The accounts page/tab/section should show something like \"\"0 open accounts\"\" or similar, to indicate that it is loading data.   Your lack of credit history probably does mean you don't have a credit score, so it's probably not worth paying anything to find that out.  The focus should be on the accuracy of the underlying report, since you can do something about that.   Should I be worried? I'd say no on that.   You'll have an easier time getting credit (and better terms) in the future if you start now with some account, even if it's a secured credit card you don't use much, because the age of the oldest and average accounts are factors in credit scoring models.\""}
{"_id": "334814", "title": "", "text": "America is a big place, you have areas that purchase certain things heavily and other areas that will not. Living in the north eastern and south eastern part of the US, I can not say they are dominant at all in the market, as dominant would imply their brand is available at a majority of stores at various price points (I.e. Farm fresh, food lion, Harris teeter, Kroger, wegmans, piggly wiggly, Trader Joe's) sorry if this didn't help."}
{"_id": "334849", "title": "", "text": "In a simple statement, no doesn't matter. Checked on my trade portal, everything lines up. Same ISIN, same price(after factoring in FX conversions, if you were thinking about arbitrage those days are long gone).  But a unusual phenomenon I have observed is, if you aren't allowed to buy/sell a stock in one market and try to do that in a different market for the same stock you will still not be allowed to do it. Tried it on French stocks as my current provider doesn't allow me to deal in French stocks."}
{"_id": "334850", "title": "", "text": "I can ONLY WISH this would happen to me.  Get every scrap of information that you can. DOCUMENT DOCUMENT DOCUMENT..and then get a nice sleazy lawyer to sue the collector AND your employer if they leaked anything... Plain and simple,  it's illegal and there are very nice protections in place for such."}
{"_id": "334857", "title": "", "text": "This is complete horseshit... it depends on what type of degree you get. If you get your bachelors in engineering, nursing, respiratory therapy, radiology technology, medicine, pharmacy etc... (shit where you become skilled/certified) it is the best investment you can make. But if you get a degree in sociology, English lit, history, and other bullshit that is not practical in today's economy, then yes... Its a god awful investment."}
{"_id": "334887", "title": "", "text": "\"Following up on this, here is what I did. First, I called my benefits provider.  They had documentation of my election over the phone, which then allowed them to retroactively fix the problem. Had they not had this documentation, I would have been out of luck. Second, the next step for \"\"fixing\"\" occurred when I received my W-2 for this position. This W-2 mistakenly showed the amount for my medical FSA in box-10 of my W-2 as the same dependent care FSA. This requires calling/emailing my benefits and payroll department to get an updated W-2...\""}
{"_id": "334893", "title": "", "text": "That is pretty extreme behavior on her part. If you really like her work, consider giving her a stern warning and discussing what it means to be employed.  I don't have any tips on firing- that's never pleasant."}
{"_id": "334902", "title": "", "text": "There is no reason for you to open a firm. However, it will help you, if you operate separate bank account for business and personal purposes. You can run your business as proprietorship business. Your inward remittance is your income. You can deduct payment made to your colleagues as salary. You should pay them by way of cheques or bank transfer only. You are also entitled to deduct other business expenses provided you keep proper receipt of the same such as broadband connection charges, depreciation on equipment and more importantly, rent on your house. If your total receipt from such income exceeds INR 60,00,000 you will need to withhold tax on payment made to your colleagues as also subject to audit of your accounts. If you want to grow your business, suggest you should take an Import / Export Code in your own name.  You can put any further question in this regard."}
{"_id": "334906", "title": "", "text": "Obviously, black leather handbag is the most classic kind of bag that you can have. Though it also comes in quite expensive prices, it is definitely worth to have. You will be happy since it made from very high-quality materials as well."}
{"_id": "334909", "title": "", "text": "Here are some pretty big name news agencies which have a section dedicated to commodities: CNN Bloomberg Reuters"}
{"_id": "334911", "title": "", "text": "I don't understand what all these companies are thinking?  If everyone creates their own distribution channels with their own exclusives then consumers will either lose interest in their content or they will resort to piracy.  Most likely both will happen."}
{"_id": "334914", "title": "", "text": "Of course; the generation Xers are those in the age range where many were approaching the time when they would, but had not yet, transferred the bulk of their retirement savings to lower risk investments. Anyone who hadn't yet transferred their retirement savings from any direct market funds got totally Effed in the A.   Granted, some of this happened because people were simply banking on continual market rise. But a lot of these people simply got really bad advice from financial planners who looked and seemed totally qualified to advise, just as a lot of people got reassured from qualified sources that their adjustable rate mortgage on their million dollar home would be *no problem.*"}
{"_id": "334915", "title": "", "text": "\"You realize that every-time you insult someone by using the phrase \"\"you redditors\"\", you're also insulting yourself - right?  Man. How does it feel over there with a single-digit IQ? It must be awesome to think of yourself so highly while constantly looking like an autistic kid eating glue. You're my hero!\""}
{"_id": "334919", "title": "", "text": "Index funds are good for diversifying risk. For people who don't have a large sum of money to invest, holding all the different types of stocks in the index is both very expensive and not practical because you incur too many transaction costs. For an index funds, the main advantages are that costs are pooled, and investors can invest a smaller amount that they would if they bought all the different stocks individually. Naturally, if you wanted to figure out the percentage composition of the index and invest directly it would be possible, albeit tedious."}
{"_id": "334921", "title": "", "text": "I'd argue that society would likely moved to 100% online delivered to your doorstep before this actually happened, thus removing the need for physical locations, but as someone who actually works at Amazon, yes 100% automation is their long term goal."}
{"_id": "334964", "title": "", "text": "The only way this suggestion works is if you can realize a higher rate of return on the investment than the payoff of the loan.  There's no guarantee of that, so it can be a risky strategy from the standpoint that you'll end up paying more for the car when all is said and done."}
{"_id": "334980", "title": "", "text": "Is my laptop that I use to work and create my income my possession, or my property? Under what circumstances is it a possession, and under what circumstances is it property? What circumstances do you find it just to remove my laptop from me, and use it for yourself?   Do you support black bloc tactics like window breaking and stealing food from grocers?"}
{"_id": "334982", "title": "", "text": "Hey buddy, I'm not sure what you aim is when logging into Reddit (I could fathom a guess), but I am actually here for stimulating and informative debate. This is a basic right.   So with that in mind, I could be from Mars and I still would find it interesting to come by and comment in what stirs my interest.   You, on the other hand, seem to thrive from ineptly trying to belittle people you know nothing about. I know that has a name, but it just escapes me..."}
{"_id": "335021", "title": "", "text": "Maybe try Flow (Getflow.com) or Proworkflow (proworkflow.com)  I use TaskWorld for my projects and Trello to keep track of my kids' assignments (4 kids in 4 different grades!). Several of my clients have used Asana.   If none of those options provide all the features you need, check out Product Hunt. I remember seeing an app somewhere that allowed you to identify free time and bump tasks based on priority but I wasn't able to find it when I did a search. So- can't help you find it but there are some great apps out there. : )"}
{"_id": "335061", "title": "", "text": "It is (except Mississippi where you can drink while driving as long as you're under the legal limit). It's like fast food for alcohol, take it somewhere and drink, not in your car. It's not an open container if you don't put the straw in the cup."}
{"_id": "335062", "title": "", "text": "Your best bet is going to be contacting TaxAct directly for their information. If you do enter your spouses information and choose to purchase their deluxe product, I would think you might end up paying for the second efile. I have used their deluxe version for many years now, but choose it mostly because of the free state efiling and not for the ability to determine whether or not to file separately.  In my case, it makes sense to file jointly and not file separately.   The deluxe version allows you to portion out your deductions and see which method of filing gives you the lowest total tax bill. Here's the link directly to TaxAct's support: https://www.taxact.com/tsupport/support_request.asp"}
{"_id": "335064", "title": "", "text": "If your main goal is to avoid taxes, municipal bonds are a good strategy, it's not the best way to make more than 1-2% in gains.  And kudos for putting money back into the community."}
{"_id": "335070", "title": "", "text": "\"&gt; Unless you mean tithes then we are talking about religion.  Okay, let's talk about taxes and religion.  You said \"\"It makes sense for EVERYONE to pay their fair and equal share\"\".  So then I take it you agree that churches need to start paying taxes, yes?\""}
{"_id": "335075", "title": "", "text": "If you don't think you're necessarily going to stay in this area for five years, consider another option: renting. Five years is often quoted as the minimum length of time for buying (over renting), as the costs of the house purchase and the mortgage are significant - and if you're buying a new house every 5 years you're putting several thousand dollars of fees up front each time.  If you don't assume that house prices will increase (as they won't necessarily), then you can consider these costs - say, $5000-$6000 for a $500k house - an extra 1% or so of interest that first year.  If you are there 5 years, then you're paying 0.2% extra (more or less); that's reasonable, but if you're there only 2 years, you're adding 0.5% to your rate, which is pretty significant. You won't necessarily come out ahead here (versus renting). Renting for a year or two gives you enough time to find out if you do like the area, and if you do, you buy then - with more knowledge of the area and a chance to make a purchase at the right time for you. You pay off your loans, or at least a chunk of them, now, save some of the rest, and then rethink in a couple of years.  If you then don't qualify for a doctor's mortgage anymore, you just save up the rest of the 20% before making the purchase."}
{"_id": "335136", "title": "", "text": "\"Typically you diversify a portfolio to reduce risk. The S&P 500 is a collection of large-cap stocks; a diversified portfolio today probably contains a mix of large cap, small cap, bonds,  international equity and cash. Right now, if you have a bond component, that part of your portfolio isn't performing as well. The idea of diversification is that you \"\"smooth out\"\" the ups and downs of the market and come out ahead in most situations. If you don't have a bond or cash component in your portfolio, you may have picked (or had someone pick for you) lousy funds.  Without more detail, that's about all that can be said. EDIT: You provided more detail, so I want to add a little to my answer. Basically, you're in a fund that has high fees (1.58% annually) and performance that trails the mid-cap index. The S&P 500 is a large-cap index (large cap == large company), so a direct comparison is not necessarily meaningful. Since you seem to be new at this, I'd recommend starting out with the Vanguard Total Stock Market Index Fund (VTSMX) or ETF (VTI). This is a nice option because it represents the entire stock market and is cheap... it's a good way to get started without knowing alot. If your broker charges a transaction fee to purchase Vanguard funds and you don't want to change brokers or pay ETF commissions, look for or ask about transaction-fee free \"\"broad market\"\" indexes. The expense ratio should be below 0.50% per year and optimally under 0.20%. If you're not having luck finding investment options, swtich to a discount broker like TD Ameritrade, Schwab, ScottTrade or Fidelity (in no particular order)\""}
{"_id": "335143", "title": "", "text": "I used TurboTax last year. It had a section for donations where it figured out the amounts of the IRS approved values for a donation.  You would need to know the size of the television and the current condition it is in.  He's a screenshot - though it's not from the TV section.  https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/Video--How-to-Estimate-the-Value-of-Clothing-for-IRS-Deductions/INF13870.html+&cd=8&hl=en&ct=clnk&gl=us TurboTax offers a free online tool called ItsDeductible that does the same thing (though I haven't tried it). Unfortunately, I don't have the current one with TV's to give you the range of amounts that apply to yours. --I am not affiliated with TurboTax and did not receive it for free for a review."}
{"_id": "335146", "title": "", "text": "\"I just opened up the Roth on my own, with some savings. I was then about to roll over the old company 401(k)s, but didn't see \"\"Roth\"\" indicated on the statements for those.   All these years I've known that Roth is the way to go, and thought that's how I've been investing.........but apparently, you can only open a Roth personally, whereas the company 401(k)s are standard.   I'm currently not working so I guess that counts as \"\"low income year\"\"? But we file jointly...........gahhh!\""}
{"_id": "335158", "title": "", "text": "I don't think anyone is blaming animal agriculture on its own for global warming issues. At the same time its undeniable at this point to say animal agriculture is not a leading environmental problem, even if it is 'just 14.5% of emissions', the deforestation, the ridiculous amounts of fresh water needed, and the untreated sewage wastage. .   Also, so your argument is that hey we're producing enough food for everyone even though its an extremely inefficient way of producing calories - so whats to worry about? As much as we'd like to think we have unlimited resources, we don't. Our gluttony is destroying the planet. In addition to the environmental costs, it simply doesn't make sense to allocate the majority of our crops to feed and grow the billions of land animals when we could allocate those crops to foods that can feed people directly.  You may not like to admit it, vegan and plant-based when it comes to food are the equivalents of 'clean energy', and animal based foods is akin oil and coal. Which is probably why vegan fast food is attracting the biggest investors. It's the future."}
{"_id": "335164", "title": "", "text": "\"My education on this topic at this age range was a little more free-form. We were given a weeklong project in the 6th grade, which I remember pretty clearly:  Fast forward 6 years (we were 12). You are about to be kicked out of   your parents' house with the clothes on your back, $1,000 cash in your   pocket, your high school diploma, and a \"\"best of luck\"\" from your   parents. That's it. Your mission is to not be homeless, starving and   still wearing only the clothes on your back in 3 months. To do this, you will find an apartment, a job (you must meet the qualifications fresh out of high school with only your diploma; no college, no experience), and a means of transportation. Then,   you'll build a budget that includes your rent, estimated utilities,   gasoline (calculated based on today's prices, best-guess fuel mileage of the car, and 250% of the best-guess one-way distance between home and job), food (complete nutrition is not a must, but 2000cal/day is), toiletries, clothing, and anything else you want or   need to spend your paycheck or nest egg on. Remember that the laundromat isn't free, and neither is buying the washer/dryer yourself. Remember most apartments aren't furnished but do have kitchen appliances, and you can't say you found anything on the side of the road. The end product of your work will be a narrative report of the first   month of your new life, a budget for the full 3 months, plus a \"\"continuing\"\" budget for a typical month thereafter to prove you're not just lasting out the 3 months, and all supporting   evidence for your numbers, from newspaper clippings to in-store   mailers (the Internet and e-commerce were just catching on at the time, Craigslist and eBay didn't exist yet, and not everyone had home Internet to begin with).  Extra Credit: Make your budget work with all applicable income and   sales taxes. Extra Extra Credit: Have more than your original $1000 in the bank at   the end of the 3 months, after the taxes in the Extra Credit. This is a pretty serious project for a 12-year-old. Not only were we looking through the classified ads and deciphering all the common abbreviations, we were were taking trips to the grocery store with shopping lists, the local Wal-Mart or Target, the mall, even Goodwill. Some students had photos of their local gas station's prices, to which someone pointed out that their new apartment would be on the other side of town where gas was more expensive (smart kid). Some students just couldn't make it work (usually the mistakes were to be expected of middle-class middle-schoolers, like finding a job babysitting and stretching that out full-time, only working one job, buying everything new from clothes to furniture, thinking you absolutely need convenience items you can do without, and/or trying to buy the same upscale car your dad takes to work), though most students were able to provide at least a plausible before-tax budget. A few made the extra credit work, which was a lot of extra credit, because not only were you filling out a 1040EZ for your estimated income taxes, you were also figuring FICA and Social Security taxes which even some adults don't know the rates for, and remember, no Internet. Given that the extra-extra credit required you to come out ahead after taxes (good luck), I can't remember that anyone got that far. The meta-lesson that we all learned? Life without a college education is rough.\""}
{"_id": "335176", "title": "", "text": "&gt;muh Somalia  dude, you know that Somalia was a country that got taken over by a communist revolution, and then collapsed into civil war and genocide like communism usually tends to do?  equivocating the collapsed wreckage of a communist state with libertarianism is just asinine."}
{"_id": "335222", "title": "", "text": "Both are close, but two notes - amiable or not, I'd rather have a deal that ends now, and nothing is hanging over my head to get or pay money on a future sale.  401(k) money is usually pre-tax, so releasing me from $10K of home equity is of more value than the $10K in a 401(k) that would net me $7K or so.  As I commented to Joe, I'd focus on valuation. If your house is similar to those in the neighborhood, you might easily value it. If unique, the valuation may be tough. I'd spend a bit on an appraiser or two."}
{"_id": "335226", "title": "", "text": "The obvious answer for savings costs with a car is not to have a car.   Of course that must be balanced against other expenses (bicycle, taxi, public transport) to do things. Generally speaking, if you need a car, ways to contain expense are to buy the least expensive vehicle with the most economical engine that meets your needs, keep it undercover (reduces damage or wear due to exposure), proactively maintain it (maintenance is cheaper in the long run than the costs of dealing with a breakdown and cost of repairs, and lack of maintenance accelerates depreciation), and shop around for a good mechanic who will maintain it at a fair price. If you do a lot of milage, or do a lot of towing, or drive under load, consider a diesel.  A diesel engine often costs more each service, sometimes has a shorter service interval, but it also gets greater milage.   There may be a differential cost of fuel (diesel is often a bit more expensive per volume).   For towing, a diesel is often more economical, due to low end power (greater torque at lower revs) which does result in better fuel economy.   It is no accident that most large transport vehicles consume diesel.   Do the sums based on your usage before you buy. Accelerate as gently as possible to get to speed within traffic conditions (less fuel to get to a speed).   Change up to higher gears as soon as possible as - at a given speed - economy will be better, as long as the engine has enough oomph to handle it (so don't try to start from stationary in a high gear).   Don't drive faster than necessary, as drag increases with speed, and hurts economy.   Similarly, reduce speed gradually, to reduce undue wear on breaks and reduce fuel consumption (sharp breaking with power assisted breaks does affect fuel economy). Drive close to legal limits if conditions permit.   This reduces chances of annoying other drivers (who if they get impatient may throw rocks at your car, or collide, or subject you to road rage - which contribute to damage and insurance costs).   It also reduces chances of being pulled over by police and fined for obstructing other traffic. Don't tailgate.   This both consumes fuel in keeping up, and means needing to slow sharply.   And increases chance of accident. Don't idle more than necessary.  Allow stop/start systems on your car to operate - particularly if you're in stop/start traffic.   However, there is a break-even point where stopping and restarting consumes more fuel than idling, so get to know your vehicle.   That depends on how much the engine needs cranking to restart - which is affected both by engine design and maintenance.   Maintain it yourself if you have the skills, but account for the cost of parts and equipment, to be sure it is cost effective  (modern cars are software driven, so equipment to diagnose and maintain can be expensive). Combine trips (don't get into the car for every little thing - wait until you can do a few things during a single drive) and car pool. If fuel prices vary (e.g some places have regular cycles) try to refuel near the bottom of a pricing cycle. Take unnecessary weight out of the vehicle.   Don't load it up with tools unless you need them frequently."}
{"_id": "335237", "title": "", "text": "\"Do you now own your new home, or are you renting?  This is a classic case of a mortgage ready to blow up. These 7/1 interest only would have a low rate, say 3%. So on $200K, the payment is $500/mo, but no principal paydown. Even if the rate were still 3% (it won't be) the 23 yr amortization means a payment of $1004 after the 7 years end. At 4%, it's $1109. 5%, $1221. I would take this all into account as you decide what to do. If you now own a new house, you should consider the morally questionable walk-away. I believe you were sold an unethical product. mb wrote \"\"shoot up considerably.\"\" This is still an understatement. A product whose payment is certain to double in a fixed time is 'bad.' 'Bad' in the biblical sense. You have no obligation to keep any deal with the devil, which is exactly what you have.  There are some banks offering FHA products that might help you. I just received an offer from the bank holding a mortgage on my rental property. It's 4.5% for a refinance up to 125% of current value. There's a cost of $1800, but I owe so little, and am paying it off faster than the time left, I'm not bothering. You may benefit from such a program, but I'd still question if you can make a go of a house that even 2% underwater. Do some math, and see if you started now with a 30 year loan how the numbers work out.  (Forgive my soapbox stance on this. There are those who criticize the strategic defaulters. I think you fall into a group of innocent victims who were sold a product that was nothing less than a financial time bomb. I am very curious to know the original \"\"interest only\"\" rate, and the index/margin for the rate upon adjustment. If you include the original balance, I can tell you the exact payments based on the new rates pretty easily.)\""}
{"_id": "335241", "title": "", "text": "Think of all the limit orders waiting in line, first organized by price, and then by the time the order was placed (earlier orders are closer to the front of the line).  In order for your buy order to trade, there must be no other limit orders of 10.01 or higher, or the sellers order would have matched with them instead. So once your order is filled, the price is 10.00, even if just for a millisecond, because there was a trade at 10.00, even though the price might go right back up after the trade."}
{"_id": "335248", "title": "", "text": "Take a certain percentage of your income (say, 10%, but more is better if you can) and put it aside with every paycheck. Some employers will even allow you to direct deposit your paycheck into two different accounts and you can specify a certain amount or percentage for the second account. Your savings will go directly into a separate account as if you never had it in the first place. Consider your savings untouchable as spending money. Watch it grow. There's no other secret, you just have to do it!"}
{"_id": "335266", "title": "", "text": "So isn't this a success? It was implemented by taxation teams to ensure that non taxable transactions could no longer occur, and now they aren't. On the corruption side, everything is electronic and traceable now. Sounds like it is working as intended."}
{"_id": "335267", "title": "", "text": "Brb, going to gather up some data for you that displays the various drug discoveries, new drugs, etc. by country/companies in those countries.   I\u2019m not saying that the system isn\u2019t fucked, or that drug prices aren\u2019t absurdly high, or that there aren\u2019t corporations out there not trying to give back to the world...but $$$ is will ALWAYS be the foundation of any business. To churn a profit. How do you do that? You develop a good product, sell the good product, and make your money back and then some for doing all the work. Yes, there are some holes that need to be plugged, i.e. generic drugs still being absurdly priced, gouging between insurance companies and the drug companies...but how can you throw shit in the face of ONE pharmaceutical company when it\u2019s an industry-wide problem with so many different variables at play.   You build a pharmaceutical company, raise the billions of necessary funds to run trials (99% of which will never amount to an actual product the company can sell) WITHOUT relying on public offerings (selling stock... = shareholders), come across some more billions (still without selling stock to raise money) to market and produce your drugs from your 1/99 successful clinical trials all costing unfathomable amounts of $$$, and let me know how you\u2019re doin. Shit is expensive. The people who bitch about the broken system offer up no realistic, economically sound means of fixing that system. There\u2019s no such thing as a free lunch. What makes sense morally does not always translate to making sense economically, as fucked up as that is. There are tons of problems in this  world, and I\u2019m not saying I have answers to any of them, but you need to be able to see the opposing view of an argument as well to fix a problem."}
{"_id": "335287", "title": "", "text": "Yup, it's for Malaysia because as I said, it's for where I'm from. Can't say the same for the rest of the world, though I don't think it's just unique to Malaysia.  edit: The boycott is not unique nor originate from Malaysia, so it is quite a widespread to ever reach Malaysia."}
{"_id": "335294", "title": "", "text": "\"Since you have emphasized that you don't mind about variability, and that you have other funds you could liquidate, then I think a solution is to do with this money the same thing that you are already doing with those other funds. Then when you need the money, if the market has gone up sell the lots that were part of your original \"\"other funds\"\", which presumably have aged enough to qualify for long term gains rates, and let the newly purchased shares take their place.\""}
{"_id": "335304", "title": "", "text": "Not being able to keep up with demand--for at least a foreseeable 5 years, as you just said--is a pretty huge failure in itself, and I don't see them being able to last. They underestimated the market and I expect some of the big established automakers like Toyota, Ford, and Nissan to swoop down and meet the demand with their own offerings as well as with new models. Tesla, as you just noted, still has yet to be PROFITABLE, whereas Amazon has been around for some 20 years now, and HAS actually turned a profit, and they've had the huge ups and downs of just about any 20-year-old business, so your comparison of Amazon's last-quarter losses to Tesla's last-quarter losses is pretty absurd."}
{"_id": "335317", "title": "", "text": "Not really necessary in IB, which is much more about the pedigree of your graduate degree in terms of credentials.   CFA is only really applicable to asset management and equity research. Highly recognized in those two fields, but not useful in many others."}
{"_id": "335319", "title": "", "text": "I like many of the answers, but here is a summary of reasons: Almost everyone will retire, and it is almost certain that government or company pensions schemes will not alone give you a lifestyle you would like in retirement. Money invested early is worth much more in retirement than money invested late, thanks to the miracle of compound interest. In some countries there are tax advantages to investing a little bit of money every year, compared with nothing for a few years and then a lump sum later. Much investment advice is given by investment consultants, who profit when you make investments. It's always in their interests to have you invest as early and as often as possible (that doesn't invalidate the first three reasons). Having said that, it isn't always in your best interests to invest in retirement funds very heavily at the start of your career. You might want to consider paying off any debts, or saving for a house, or even having a bit of fun while you are young enough to enjoy it. That back-packing trip to Nepal is going to be a lot easier when you are 23 than when you are 40 with kids."}
{"_id": "335321", "title": "", "text": "\"The new mission referred to, FTA: \"\"enabling people and businesses throughout the world to realize their full potential ... putting you in control of your world, and letting you do things you weren't able to do before\"\"  Well that clears it up.\""}
{"_id": "335336", "title": "", "text": "This just keeps getting weirder.  From the press release: &gt;Oncologists currently prescribe a course of cancer treatment based on the anatomical location of the cancer.  No, treatment is based on anatomic location, morphology, grade, stage, and molecular profile.   &gt;Yet a patient with breast cancer could benefit from the positive results discovered from a patient with lung cancer, if the underlying molecular pathways involving both cancers were the same.   Yes. This is already well known (for at least the past decade), and it's why testing for HER2 mutation is already performed on non small cell lung cancer [proof](http://annonc.oxfordjournals.org/content/15/1/19.short).   &gt;The inability to utilize genomic sequencing to guide treatment has been due to the inability to convert a patient\u2019s DNA into actionable information in actionable time.   This is not really true. You're still going to need to detect the lesion and obtain tissue (biopsy, resection) in order for sequencing to be done, which takes time.  And you either have to sequence it yourself or send it out for analysis- which is what they're advocating here.  Uploading that information to a central network in no way impacts the time or cost associated with sequencing, except insofar as it saves on postage for sending the results. What this group is trying to do is usurp the business of molecular analysis which is currently performed in a fully satisfactory fashion at individual institutions, and just report that information back to the institution for a huge fee. No institution in their right mind would agree to this, as they would be then paying for something they could in turn bill for by performing themselves.    The only difference seems to be that you'd be getting a full genome instead of just the mutations that we currently know to have prognostic or therapeutic significance. Is this good? No. It's way too much information, and has real ethical-legal implications (what happens when we find other mutations?)  This is a purely business venture that has very little to do with improving medicine."}
{"_id": "335348", "title": "", "text": "When they made a counter offer they essentially rejected your offer, and you are no obligation to accept theirs. Nor are you obligated to your original offer. That is the risk a person takes when they make a counter offer. Their agent/representative should have advised them of this risk.  Because time is of the essence in most of these transactions their delay with the extra round also made your original offer void. You were right to keep other properties in play."}
{"_id": "335352", "title": "", "text": "JP Morgan wasn't going to go down. The Federal Reserve was coming to them every other day asking them to buy out or bail out another institution. They stashed away a $20 billion fund after their acquisition of Bear Stearns because they were now on the hook for anything BS did, which is where that $13 billion fine came from."}
{"_id": "335357", "title": "", "text": "Your question indicates confusion regarding what an Individual Retirement Account (whether Roth or Traditional) is vs. the S&P 500, which is nothing but a list of stocks. IOW, it's perfectly reasonable to open a Roth IRA, put your $3000 in it, and then use that money to buy a mutual fund or ETF which tracks the S&P 500. In fact, it's ridiculously common...  :)"}
{"_id": "335358", "title": "", "text": "Russia and China is going to be a big contributers to the dollar not being the reserve currency anymore.  You must be rich enough to not need to worry about that and find it amusing to poke fun of the people who care about what the bankers have done to us."}
{"_id": "335361", "title": "", "text": "\"She may be right.  If she gets the usual thing of half the family assets gained during marriage, she's also entitled to half the car.   Well, not quite. Imagine you had sold the car at the time of divorce.  You would have gotten some cash for it (this is typically shown in the Blue Book). And then you would have had to pay off the loan.  So the cash value at that time, minus the loan owed at that time,  was the equity in the car at that time.  That would be a family asset and she'd have been entitled to half of it.  A lot of auto loans are a ripoff, so this might not be much money. Or could be zero.  Or could even be negative - it's common to owe more on a car than it's worth, especially the first year after you buy it.  In which case she owes you LOL.   The judge already dealt with this, and he did it by saying \"\"you two get together and try to work it out\"\", and come back to me with a proposed settlement.\"\"  If you are at loggerheads, you can go back to the judge, but he may not give an answer you like.\""}
{"_id": "335375", "title": "", "text": "\"Once again I offer some sage advice - \"\"Don't let the tax tail wag the investing dog.\"\" Michael offers an excellent method to decide what to do. Note, he doesn't base the decision on the tax implication.  If you are truly indifferent to holding the stock, taxwise, you might consider selling just the profitable shares if that's enough cash. Then sell shares at a loss each year if you have no other gains. That will let you pay the long term gain rate on the shares sold this year, but offset regular income in years to come. But. I'm hard pressed to believe you are indifferent, and I'd use Michel's approach to decide.  Updated - The New Law is simply a rule requiring brokers to track basis. Your situation doesn't change at all. When you sell the shares, you need to identify which shares you want to sell. For older shares, the tracking is your responsibility, that's all.\""}
{"_id": "335376", "title": "", "text": "\"You're being scammed.  I'd be willing to bet this 'celebrity' friend is a fake account on Instagram with 20k followers that befriends lonely neckbeards then tries to scam them.  Save your money.    Even if this is a legitimate long term friend whom you trust, you should put a lot more thought into \"\"investing\"\" money (that you don't have) into her brothers drug shop.\""}
{"_id": "335380", "title": "", "text": "\"That's true.  I think the reason the chains are blaming other factors is that they are thinking \"\"our food hasn't changed much, so that can't be the problem.\"\"      However, people have more options now.  Plenty of fast casual places make genuinely good food now, so people don't have to choose between a chain or a fast food place.  And knowledge of cooking at home is increasing.      So while they're kind of right in saying \"\"It's not our fault, we haven't changed, our customers have,\"\" that's a cop-out, they should say \"\"Our customers and the competition have changed, so we will too.\"\"\""}
{"_id": "335397", "title": "", "text": "World Recovery Centers is an international behavioral addiction treatment center. We focused on Adult Dual  Drug and Alcohol Addiction Treatment and Rehabilitation. We provide drug addiction programs in all over the world including Cambodia, Vietnam, Indonesia, Colombia, Costa, Portugal and Spain. Our expert staff, seasoned physicians, and caring therapists provide drug addiction treatment,  is dedicated to providing our patients with their best. Our team is present for and committed to each step of the recovery process for every individual."}
{"_id": "335429", "title": "", "text": "\"First, it's clear from your story that you very likely should be able to receive some financial aid.  That may be in the form of loans or, better, grants in which you just get free money to attend college.  For example, a Pell grant.  You won't get all you'd need for a free ride this way, but you can really make a dent in what you'd pay.  The college may likely also provide financial aid to you.  In order to get any of this, though, you have to fill out a FAFSA.  There are deadlines for this for each state and each college (there you would ask individually).  I'd get looking into that as soon as you can. Do student loans have to be paid monthly?  Any loan is a specific agreement between a lender and a borrower, so any payment terms could apply, such as bimonthly or quarterly.  But monthly seems like the most reasonable assumption.  Generally, you should assume the least favorable (reasonably likely) terms for you, so that you are prepared for a worst-case scenario.  Let's say monthly. Can I just, as I had hoped, borrow large sums of money and only start   paying them after college? Yes.  That is a fair summary of all a student loan is.  Importantly, though, some loans are federal government subsidized loans for which the interest on the loan is paid for you as long as you stay in college + 6 months (although do check that is the current situation).  Unsubsidized loans may accrue interest from the start of the loan period.  If you have the option, obviously try hard to get the subsidized loans as the interest can be significant.  I made a point to only take subsidized loans.   WARNING: Student loans currently enjoy a (nearly?) unique status in America as being one of the only loan types that are not forgivable in bankruptcy.  This means that if you leave college with $100,000 in debt that begins accruing interest, there is no way for you to get out of it short of fleeing the country or existence.  And at that point the creditors may come after your mother for the balance.  These loans can balloon into outrageous amounts due to compounding interest.  Please have a healthy fear of student loans.  For more on this, listen to this hour long radio program about this. Would a minimum wage job help,  Of course it will \"\"help\"\" but will it \"\"help enough\"\"?  That depends on how much you work.  If you make $7.50/hr and work 20 hrs/week for all but 3 weeks of the year, after taxes you will be adding about $6,000 to offset your costs.  In 3 years of college (*see below), that's $18,000, which, depending on where you go, is not bad at helping defray costs.  If you are at full-time (40 hrs), then it is $12k/yr or $36k toward defraying costs.  These numbers are nothing to sniff at. Do you have any computer/web/graphics skills?  It's possible you could find ways to make more than minimum wage if you learn some niche IT industry skill.  (If I could go back and re-do those years I wouldn't have wasted much time delivering pizzas and would have learned HTML in the 90s and would have potentially made some significant money.) would college and full-time job be manageable together?  That's highly specific to each situation (which job?  how far a commute to it?  which major? how efficient are you?  how easily do you learn?) but I would say that, for the most part, it's not a good idea, not only for the academic-achievement side of it, but the personal-enrichment aspect of college.  Clubs, sports, relationships, activities, dorm bull sessions, all that good stuff, they deserve their space and time and it'd be a shame to miss out on that because you're on the 2nd shift at Wal-Mart 40hrs/week. How do I find out what scholarships, grants, and financial aid I can apply for?  Are you in a high school with a career or guidance counselor?  If so, go to that person about this as a start.  If not, there are tons of resources out there.  Public libraries should have huge directories of scholarships.  The Federal Student Loan program has a website.  There are also a lot of resources online found by just searching Google for scholarships--though do be careful about any online sources (including this advice!). Sermon: Lastly, please carefully consider the overall cost vs. benefit to you.  College in 2012 is anything but cheap.  A typical price for a textbook is $150 or more.  Tuition and board can range over $40k at private colleges.  There is a recent growing call for Americans to re-think the automatic nature of going to college considering the enormous financial burden it puts many families under.  Charles Murray, for one, has put out a book suggesting that far too many students go to college now, to society's and many individuals' detriment (he's a controversial thinker, but I think some of his points are valid and actually urgent).  With all that said, consider ways to go to college but keep costs down.  Public colleges in your state will almost always be significantly cheaper than private or out-of-state.  Once there, aim for As and Bs--don't cheat yourself out of what you pay for.  And lastly, consider a plan in which you complete college in three years, by attending summer courses.  This website has a number of other options for helping to reduce the cost of college.\""}
{"_id": "335435", "title": "", "text": "Another reason to think it's a scam: fake paypal email notifications are a thing.  I've seen one that was quite convincing (but it wasn't mine to properly analyse or report), so the intial payment may be a fake from another account belonging to the scammer, and you've just transferred money to the scammer. The fake email can include links to log in to a fake paypal website, which can be quite convincing as the mark will give the login details which can be used to scrape data.  Links not going to where they say is the giveaway here."}
{"_id": "335436", "title": "", "text": "If I may echo the Roth comment - The Roth is a tax designation, not an end investment, so you still need to research and decide what's appropriate. I recommend the Roth for the long term investments, but keep in mind, even if you feel you may need to tap the Roth sooner than later, all deposits may be withdrawn at any time with no tax or penalty. Roth is great to store the emergency money for many if they aren't 100% sure they have enough cash to save for retirement. As you get further along, and see that you don't need it, change how it's invested to longer term, a mix of stocks (I prefer ETFs that mimic the S&P)"}
{"_id": "335486", "title": "", "text": "To Rich Seller's point, we live 1/2 gallon of gas and 30 minute round trip from the supermarket.  For the items that are non-perishable, such as bathroom or facial tissue, paper towels, shampoo,soap, toothpaste, etc, there's value in never running out of it.  (@JohnFx - your point is well taken. When my daughter was a toddler, I found her covered in band-aids. One tiny scratch, 9 band-aids. My wife asked why I was concerned, we had hundreds in the pantry. I can see how some items might just encourage over-use)"}
{"_id": "335510", "title": "", "text": "And this company's business model has been somewhat holding up for 6 years because you're in a minority.  Even when I lived in London, reasonably near the cinema and with free time and disposable income, I think they'd have made money on me some months.  I'm not saying it's a *viable* model in the long run, or that it isn't supplemented by other factors (potential partnerships with cinemas / selling data to advertisers), but that's probably a big factor in their gamble here."}
{"_id": "335531", "title": "", "text": "\"there is a problem with grouping them all as \"\"dismantling\"\" as many are overgrown and are wasteful.  The EPA itself can not get out of it's own way.    I worked on one project recently (2 years ago) where we were designing a counterflow cooling tower (huge AC for power plant) for Goose Creek SC where we were going to add another tower so that they could eventually switch to a close loop system (keeps all water in system, no dumping in river).  the city of Goose Creek went to court because the EPA made a rule that by a certain date a company could no longer use an open system on a cooling tower if it dumped into a waterway.  the city got their wish and they won and the EPA backed off and the town of Goose Creek gets to keep the dirty warm water that was (is) being dumped into the river so that the fishermen would have better catches (no shit, this is how it was and they wanted to keep it) they didn't want to chance losing the warm waters that drew more fish.  Well, jokes on the town as we are now building a crossflow tower in that location that will have an open system to dump into the river.  here's the catch, before it was to be a counterflow tower where the water must be better quality as the media in the tower could foul and impact the thermal rating of the tower, now they are going with a crossflow type tower and the media on those can accept the worst fucking water you can think of and still perform properly.  so now the fishermen will get some nasty water that will be just below the allowable amount set by the EPA so that some lazy people can catch fish easier.  that is what I consider a wasteful government program.  but that is just my opinion, based on an interaction I had with a project where the EPA stuck there big head where they didnt even know what they were doing.\""}
{"_id": "335532", "title": "", "text": "In Canada, there are many stores that take debit (Interac) but don't take Visa or MasterCard. For example, a corner store. In the US the reverse is often true: every tiny place seems to take Visa or MasterCard, but not debit. A Visa debit card looks like a Visa card to the merchant. It therefore has the benefit of being usable at places that only take Visa. (Substitute MasterCard as necessary.) This benefit is very small in Canada, less so elsewhere. Meanwhile the money is actually coming out of your bank account just like a debit card, which therefore has the benefit that you're not borrowing money, can't accidentally overspend, and run no risk of incurring interest charges. It is also a way to get what appears to be a credit card when you can't qualify for credit. If you do the majority of your spending in Canada, you don't need a Visa or MasterCard debit card. Your regular debit card (Interac) will work fine for you. If you have a credit card anyway (from another bank or whatever) then again, you don't need a debit card that can pretend to be a credit card."}
{"_id": "335537", "title": "", "text": "\"&gt;Clearly military screening is far from perfect.  The suicide rate for all members is higher than average.   You make a jump in logic here which is not falsifiable that it is screening practices which lead to higher suicide rates.   &gt;Add transgender in and the likelyhood of a n incident increases disproportionately.  Theres really no ecidence to support this argument as far as I am aware. Please show me how transgender military members have a higher rate of suicide than the general pop of military members.  &gt;And that's an interesting spin: it's barring transgenders from the military that makes them suicidal, not the other way around. Got it.  Yea, turns out discriminating against people at an institutional level increases their rates of suicide. I find it hard to believe youre surprised by this. Being socially ostracized is a huge risk factor for suicide and depression.    &gt;Now factor in the costs of \"\"sensitivity training\"\", reassignment surgeries, and the inevitable lawsuits and it's a recipe for disaster.    It hasnt been an issue at all so far. Why would it start now? Youre using the same arguments people have used every time civil rights are increased, every time theyre wrong. Theyre wrong now.\""}
{"_id": "335543", "title": "", "text": "Our company gives the best business valuation services. If you want to any business valuation service, then you can come to our company website. When it comes to obtaining a business valuation, business owners are faced with a myriad of choices of the business valuation services. Kirk Kleckner valuation businesses need understanding and analysis of a variety of complex factors including detailed technical knowledge of value drivers and in-depth industry knowledge."}
{"_id": "335554", "title": "", "text": "&gt;Ebola doesn't discriminate by social status.      I'm not so sure about that.  Were a member of my family to die from Ebola, I am going to pay someone to prepare the body and then bury them.  In poor West African communities, Ebola has traditionally been spread by people handling and burying Ebola victims themselves, without the proper preventative methods that would be found in any embalmers lab.      So while Ebola doesn't discriminate, your likelihood of contracting it is definitely related to your social status."}
{"_id": "335575", "title": "", "text": "NeatReceipts come up from time to time on woot.com.   You can read up on the discussions which typically include several user testimonials at these past sales:"}
{"_id": "335596", "title": "", "text": "Actually, Education is where there's no need for humans: videos and recorded lectures, AI teaching at your own level and pace are much better than a class of 30 students at different levels trying to get the attention of one teacher."}
{"_id": "335606", "title": "", "text": "Remember that long term appreciation has tax advantages over short-term dividends. If you buy shares of a company, never earn any dividends, and then sell the stock for a profit in 20 years, you've essentially deferred all of the capital gains taxes (and thus your money has compounded faster) for a 20 year period. For this reason, I tend to favor non-dividend stocks, because I want to maximize my long-term gain. Another example, in estate planning, is something called a step-up basis:"}
{"_id": "335626", "title": "", "text": "Something you might want to consider, instead of going out bargain hunting in hopes of picking something up on the cheap is to start doing you research now for a stock you would like to have in your portfolio and watch it for news that might cause it to go down before picking it up when it is down for a bit. As you pointed out with the BP stock, prior to the incident it was a solid stock that was being held in a number of funds. By identifying solid stocks now you can also make the decision on the basis of the news to if the fundamentals under the stock are severely impacted or if it just a temporary dip in prices. Also, you might want to index funds such as VTI that are tied to the overall market and also pay dividends. When the market tends down for awhile you can buy some shares that you can either hold for dollar-cost averaging or sell off again once the market picks up."}
{"_id": "335631", "title": "", "text": "Oh, I see what you mean. It depends which side you look at it from: the company, or the individual investor.  For the individual investor, I guess it doesn't matter. As you said, you only buy the amount of stocks you can afford. What matters afterwards is whether the price of your stocks goes up or down. That's when the company valuation comes into play. If a company is overvalued, the stock prices are going to go down until they reach the [equilibrium point](http://en.wikipedia.org/wiki/Economic_equilibrium). Or, rephrasing, stocks go down when more people will want to sell than buy, creating an excess supply, so sellers will be willing to offer lower prices so you buy from them. Stocks go up when the opposite happens, more people will want to buy than sell, so buyers will have to offer more money to convince sellers to sell.  In essence, Facebook was overvalued, and not enough people were buying their shares, creating excess supply, so, sellers had to offer lower prices. Had Facebook been properly valued, people would've felt the stocks were a good price, everyone would've rushed to purchase, and stock prices would've gone up."}
{"_id": "335636", "title": "", "text": "You have interpreted the instructions correctly. The issue with two jobs at the same time, is that that second job will be taxed at the highest rate; but the second employer has no idea what the other position is paying you.  If you make enough to be in the 15% tax bracket for your main job that means: some of the money from each paycheck is  taxed zero; some is taxed at 10% and the last dollars are taxed at 15%. But the second job should withhold for taxes to cover all the income at 15%. To avoid problems you should look at the tax form you are filling out this year. Look at the total tax you paid. Not the refund or the amount you owed when you filed but your total tax paid. The government allows a safe harbor if you make sure that in 2016 you have the same amount withheld this calendar year. If that isn't enough, you will owe money in April 2017, but you will not have to pay a penalty. After you have a couple of paycheck from your main employer, check to see that if you work the rest of the year at that same rate that the federal withholding will make the safe harbor. If you will make it,  you don't have to worry about the penalty. If you will fall short, adjust the w-4 accordingly."}
{"_id": "335644", "title": "", "text": "Maybe in a large company your points are valid. In a small company with 2-5 employees, someone going on maternity leave (and often only coming back part time after) could be a big problem.   You're also underestimating how much time and money it costs to train a replacement, especially when you'll have to let them go after 8 months."}
{"_id": "335651", "title": "", "text": "In finance you are taught that debt financing is cheaper than equity financing.  Also to improve your credit rating, showing that you can carry debt responsibly and pay it off without a hitch sends dog whistle that the corporation is operating well."}
{"_id": "335667", "title": "", "text": "There's no standard formula. You can compare the going rates on the market for unsecured LOCs and take that as the starting anchor. Unsecured lines of credit run in the US at about 8-18%. Your risk should be reflected in the rate, and I see no reason why the rate would change throughout the loan. As to the amount of principal changing? Just chose one of the standard compounding options - daily (most precise, but most tedious to calculate), monthly average balance, etc."}
{"_id": "335682", "title": "", "text": "\"I'm not sure what you mean by \"\"receive retirement benefits\"\". If the company had a 401k, that probably is the retirement plan. Few companies have both a 401k and an old-style pension plan, you typically have one or the other. So if your 401k was rolled over into some other account, you have already received your retirement benefits. If you mean that the 401k was rolled over into an IRA and you are asking if you can now start withdrawing from the IRA, see Excel Strategies answer. Short answer: Yes you can, but there's a 10% penalty unless you meet one of the exceptions.\""}
{"_id": "335686", "title": "", "text": "JC Penny keeps sending credit card to my address, without some other dudes name on it.  I call them to tell them the dude dont live here.  Then they bitch me out, like I'm a criminal.  And tell me to cut up the card.  Then about a month later they send another card.  Dumbassess."}
{"_id": "335719", "title": "", "text": "Just speaking from personal experience, I see this happening.  My wife and I have cut spending basically as much as possible.  We don't go out to eat, we don't go to the movies, we only buy what we absolutely have to and often that is from thrift stores, we make everything we reasonably can home made, etc.  We just don't have the money.  I blame student loans, the fact that in two years of employment here I haven't gotten any raises even though we normally get one every year (from what I'm told), and her super low paying teaching job."}
{"_id": "335731", "title": "", "text": "The power of selling skills. Jonathan convinced him that at 100% it was not truly in the investors best interest because he would lose what made the company grow, him... Example at 100% equity (A buyout) the company would lose its CEO the driving force behind the product. Maybe because of this it only makes a million in sales and value.   But at 35% plus 4% in sales Jonathan will continue to put his heart, soul and passion into the company and in the long term maybe the company becomes worth 10 million. And at 35% this deal is worth 3.5 million to the investor, all because he was convinced of Jonathan's tenacity.  A truly beautiful display of knowing your stuff and sticking to your guns."}
{"_id": "335760", "title": "", "text": "yea, and the other half is owned by Berkshire, didn't see op mention that at all.  Also, There is something to be said about zero based budgeting, if the military used it, they wouldn't be buying $30k toilets before their fiscal year ends.  Although, Kraft was spending hundreds of millions with my company when they were bought, and I was working on the Kraft team.  Pretty much anybody over the age of 40 was let go and replaced by the next in line.  I was actually the lowest ranking member on the team and at one point I was put in a meeting to explain 100k worth of spend to the new honcho... that was pretty scary."}
{"_id": "335770", "title": "", "text": "&gt; This adds up to $260 million in additional annual earnings within the Wisconsin economy. ...it isn't out of the realm of possibility that attracting this new plant will end up being a worthwhile plan for Wisconsin.  Can you explain how this could be worthwhile? You calculated $260M in annual earnings. Assuming Wisconsin's state income tax is 5% that is $13M in annual state revenue. At that rate, the state makes back its initial tax breaks in... 230 years."}
{"_id": "335774", "title": "", "text": "Pay attention to nickel-and-dime charges (atm fees, low balance fees, limit on atm transactions per month, charge for human teller transaction, charge for paper statements or tax records).  Consider that a financial company will spend on the order of $100-500 to sign up a good customer.  Are you getting this in a cash bonus, competitive high interest rate, reasonable other gift, or advertising directed at your eyeballs?  A variation in rates less than 1% easily fits into a marketing cost and there doesn't have to be any other magic to it."}
{"_id": "335775", "title": "", "text": "Oh my god. It's a result of regulation and they do target homeowners. Home owners are fined constantly for violating STR regulations. Yet again you're proven wrong and move the goal posts. Just stop. It's embarrassing at this point."}
{"_id": "335798", "title": "", "text": "Try downloading a finance app like yahoo finance. Follow a few stocks, read through the articles - look up terms you don\u2019t understand. Search them on YouTube, Investopedia, - note book recommendations. Learn some economics as well.  Even if you\u2019re not interested in trading, this should help you learn the language enough to get an idea of what\u2019s out there - how money is thought of in different time periods, etc.  Finance can be very opaque when you first dip your feet in. You\u2019ll find you only understand 75% - 25% of what you\u2019re reading but that\u2019s ok just keep looking things up. I guarantee your understanding of what \u201cfinance\u201d means will slowly evolve as you keep learning.   Expect to spend maybe a few years to a lifetime figuring this stuff out."}
{"_id": "335800", "title": "", "text": "That\u2019s what I was worried about. I just didn\u2019t know if they would account for the fact i was married and had extra income to use to pay it back.  (The reason for this loan is for an unexpected car repair )"}
{"_id": "335808", "title": "", "text": "My family members, particularly my aunt (his daughter), are telling me that when my grandpa dies they are taking my car. Bring this up with Grandpa.  If this is what he wants to have happen, then help him make it happen before you finish paying $12,000 on a car worth only $6,000.  Let the Aunt and other relatives deal with the remaining $12,000. If that isn't what he wants to have happen, then work out how you and he can legally make sure that what he wants to have happen actually happens. If the Aunt or others bring it up, make sure they understand that you still owe $12,000 on the car, and if they get the car they also get the loan.  If they refuse to pay the loan then make sure they know you will cooperate with the bank when they attempt to repossess the car - up to and including providing them with keys and location. This will hurt your credit, and you will be on the hook for the remaining portion of the loan, but you at least won't have to deal with all of it - they'll sell it at auction and your loan amount will fall a little. But the best course of action is to work with Grandpa, and make sure that he understands the family's threats, how that will affect you since you're on the loan, and what options you'd like to pursue."}
{"_id": "335816", "title": "", "text": "\"I feel like I just read a 1000 word ad for taxi's...  He goes on and on how taxi companies were already heading into uber territory except that they weren't.   It reminds of a quote from the movie The Social Experiment, \"\"You know, you really don't need a forensics team to get to the bottom of this. If you guys were the inventors of Facebook, you'd have invented Facebook.\"\"  Just sub in uber for Facebook.\""}
{"_id": "335831", "title": "", "text": "Are you kidding me? Now more than ever there is absolutely incredible TV available. Breaking bad, game of thrones, mad men, curb your enthusiasm, boardwalk empire, the walking dead just off the top of my head. Granted most premium shit is coming from HBO/show time/a&amp;e but still.  I find TV and miniseries to be much more fulfilling than movies, as there is way more time to develop the characters and plot."}
{"_id": "335833", "title": "", "text": "The deadline to mail is February 15. However, if the form is being prepared by a middleman (i.e. Wells Fargo) then they have until March 15th (on page 24). Also, if you haven't received your 1099 form by February 14, you may contact the IRS and they will contact and request the missing form on your behalf. I know that's a lot of information, but to answer your question, yes, there are situations where March 15th is the deadline instead of February 15th."}
{"_id": "335836", "title": "", "text": "Honestly the thing I find most offensive about the whole thing is that people have to be told by their employers individually like this that Obamas policies will have these consequences. It seems so obvious to me that I almost can't believe that American workers are so gullible that they don't realize this on their own."}
{"_id": "335844", "title": "", "text": "\"How can I best start a discussion about this topic with SO? I'm guessing your SO is more visual than verbal.  I'd break the ice by presenting an income pie chart and an expenses pie chart, maybe just for 2013 or comparing 2012 and 2013, and then offer your interpretation of an interesting slice or two:  \"\"I noticed we're saving so much each year that...\"\" Or, instead of starting with graphically demonstrating your cash flow, start with appropriate graphics demonstrating your savings is growing fast enough that making a few donations wouldn't be a serious impact.  \"\"See how little we spend compared to our savings?\"\". In any case, a picture is worth a 1,000 words, so starting with pictures is a good way to start your discussion.\""}
{"_id": "335857", "title": "", "text": "\"You probably want to think about pools of money separately if they have separate time horizons or are otherwise not interchangeable. A classic example is your emergency fund (which has a potentially-immediate time horizon) vs. your retirement savings. The emergency fund would be all in cash or very short-term bonds, and would not count in your retirement asset allocation. Since the emergency fund usually has a capped value (a certain amount of money you want to have for emergencies) rather than a percentage of net worth value, this especially makes sense; you have to treat the emergency fund separately or you'd have to keep changing your asset allocation percentages as your net worth rises (hopefully) with respect to the capped emergency amount. Similarly, say you are saving for a car in 3 years; you'd probably invest that money very conservatively. Also, it could not go in tax-deferred retirement accounts, and when you buy the car the account will go to zero. So probably worth treating this separately. On the other hand, say you have some savings in tax-deferred retirement accounts and some in taxable accounts, but in both cases you're expecting to use the money for retirement. In that case, you have the same time horizon and goals, and it can pay to think about the taxable and nontaxable accounts as a whole. In particular you can use \"\"asset location\"\" (put less-tax-efficient assets in tax-deferred accounts). In this case maybe you would end up with mostly bonds in the tax-deferred accounts and mostly equities in the taxable accounts, for tax reasons; the asset allocation would only make sense considering all the accounts, since the taxable account would be too equity-heavy and the tax-deferred one too bond-heavy. There can be practical reasons to treat each account separately, too, though. For example if your broker has a convenient automatic rebalancing tool on their website, it probably only works within an account. Treating each account by itself would let you use the automatic rebalancing feature on the website, while a more complicated asset location strategy where you rebalance across multiple accounts might be too hard and in practice you wouldn't get around to it. Getting around to rebalancing could be more important than tax-motivated asset location. You could also take a keep-it-simple attitude: as long as your asset allocation is pretty balanced (say 40% bonds) and includes a cash allocation that would cover emergencies, you could just put all your money in one big portfolio, and think of it as a whole. If you have an emergency, withdraw from the cash allocation and then rebuild it over time; if you have a major purchase, you could redeem some bonds and then rebuild the bond portion over time. (When I say \"\"over time\"\" I'm thinking you might start putting new contributions into the now-underallocated assets, or you might dollar-cost-average back into them by selling bits of the now-overallocated assets.) Anyway there's no absolute rule, it depends on what's simple enough to be manageable for you in practice, and what separate shorter-horizon investing goals you have in addition to retirement. You can always make things complex but remember that a simple plan that happens in real life is better than a complex plan you don't keep up with in practice (or a complex plan that takes away from activities you'd enjoy more).\""}
{"_id": "335858", "title": "", "text": "Yes. Companies increase, decrease, start paying and stop paying dividends when they think it appropriate.  If a company has been going through some problems and makes a loss, or even a large decrease in profits, they can choose to stop paying dividends until things improve. Many companies did this during the Global Financial Crisis of 2007-08."}
{"_id": "335859", "title": "", "text": "As has been stated, you don't need to actively bank with a credit union to apply for one of their credit cards. That said, one benefit to having account activity, and significant capital with a CU, is to increase the likelihood of having a larger credit line granted to you, when you do apply. If you are going to use the card sparingly however, then this is a non issue. That said, if you really want to maximize card benefits, then you want to look for cards with large sign up bonuses (e.g. Chase Sapphire, or Ink Bold if you have a business) and sign up exclusively for those bonuses. These cards offer rewards in excessive value of $1000 in travel services (hotels/plane tickets), or $500 cash back if you prefer straight cash back redemptions. If you prefer to keep it really simple, you can sign up for a cash back card, like the Amex Fidelity, which offers 2% cash back everywhere, with no annual fee (albeit the cash back is through their investment account, which you don't actually have to 'invest' with). Personally, I have the Penfed card, and use it exclusively for gas (5% cash back). I also have a Charles Schwab bank account, which I keep funded exclusively for ATM withdrawals (free ATM usage, worldwide, 100% fee reimbursement). I use the accounts exclusively for the benefit they provide me, and no more and have never had an issue. I also have 3 dozen other credit cards which I signed up for exclusively for the sign up bonus, but that's outside the scope of this question. I only mention it because you seem to believe it is difficult to get approved for a new credit line. If your credit is good however, you won't have a problem.  For a small idea, of how to maximize credit card bonus categories, I would advise you read this. As mentioned in the article, its possible to get rewards almost everywhere you shop. In short, anytime you use cash, you are missing out on a multitude of benefits a credit card offers you (e.g. see the benefits of a visa signature card) in addition to points/cash back."}
{"_id": "335878", "title": "", "text": "Yes, and such an innovation is highly risky. Tried-and-true yields boring, but usually predictable, profits.  I admire Tesla and Musk, like I admire the namesake of his company, and for that matter, I enjoy watching poker players at high-rolling games. But I diversify my money in mostly boring companies."}
{"_id": "335879", "title": "", "text": "He is largely (90%, in fact) correct, so don't be so aggressively rude.   Had you spent 13 seconds Googling, you'd have also seen that of the 5 that do allow it, they all require an apprenticeship, which can be nearly impossible to get: http://www.slate.com/blogs/business_insider/2014/08/02/states_that_allow_bar_exams_without_law_degrees_require_apprenticeships.html  I believe Louisiana was the last state to allow you to do nothing but take the bar. That was one of the sub plots of Catch Me If You Can."}
{"_id": "335889", "title": "", "text": "\"How does Equifax lose sales after a breech?  Unless their data has been corrupted or falsified, it's still good to sell or charge for each credit pull.    I think it's very different from say, a consumer facing organization like Sony or Target or Anthem.  Although even in all 3 cases, you can argue they didn't lose much market share; all three are above their pre-hack prices.    The goal is to allow the market to set a price on the value of security for the rest of the companies in the industry.  I don't think the penalty should be \"\"death\"\" but considering their total assets is $10B, I don't think any fair penalty would allow the organization to survive.  If they were Apple with $820B market cap, then yeah, the $70B would be a harsh and fair, but survivable penalty.\""}
{"_id": "335890", "title": "", "text": "Probably less escape plans for a mass uprising than escape plans for family members and themselves if they fall out of favor in the Party.  I saw an article up somewhere reputable in the last couple of weeks about how many top officials are stealthily moving their families out of the country for insurance against that."}
{"_id": "335892", "title": "", "text": "\"On a side note, was CNN always this sensationalist? The headline makes a bold statement, which is then pretty much invalidated right in the first paragraph of the article.  I have neither watched nor read CNN a whole lot, but I used to respect them. Until this year, when their reporting on various issues (Fukushima, the Arab spring, recently the Moscow protests) have caused me to put them in the \"\"do not trust under any circumstances\"\" category. Is CNN becoming a less funny version of the Onion?\""}
{"_id": "335897", "title": "", "text": "Thank God.  I mean, I like having some kind of spending power... But not at the expense of my taxes being used to bombs kids in countries who's leaders try to reject the dollar.  Unfortunately, the international banking cartels are invested in Yen and Rubbles, so they win and we all lose no matter what.  If only the people of all three nations were able to see past nationalism and devise a system that doesn't rely on competition for currency dominance...."}
{"_id": "335903", "title": "", "text": "\"None of that is filtered my way as a \"\"part owner\"\". Sure it is, it's just not always obvious. When a company makes money it either: Other then the fourth option, the first three all increase the total value of the company.  If you owned 1% of a company that was worth X, and is now worth X+1, the value of that 1% ownership should go up as well. One model of the value of a share of stock is the present value of all future cash flows that the company produces for its shareholders, which would be either through dividends, earnings (provided that they are invested back into the company) or through liquidation (sale).  So as earnings increase (or more accurately as projected future earnings increase), so does the value of a share of the company. Also note that the payment of dividends causes the price of a stock to go down when the dividend is paid, since that's equity (cash) that's leaving the company, reducing the value of the company by an equivalent amount. Of course, there's also something to be said for the behavioral aspect of investing, meaning that people sometimes invest in companies that they like, and sell stock of companies that they don't like or disagree with (e.g. Nordstrom's).\""}
{"_id": "335912", "title": "", "text": "The tips shared are really useful and helpful. Real estate agents and other property professionals will surely appreciate reading this post. I have a friend who is a realtor and I have share this link with her. I'm sure she'll get a lot of great ideas from this post."}
{"_id": "335951", "title": "", "text": "Probably means next to zero chance of having decent rates on savings accounts for the near future - who needs your money if banks can have government money for free? Probably no short-term effects on you besides that."}
{"_id": "335974", "title": "", "text": "I was starting at 16 (i'm from Russia). Just don't listen to anyone and work hard with your ideas (doesn't matter good or bad). After 2-3 years you gonna have huge skill set for make fortune. Mark and Bill was at your place and make it like I wrote. Doesn't repeat my mistakes plz. I was going to university and fell on love.... Huge mistakes. Just work hard and believe in your self."}
{"_id": "335978", "title": "", "text": "\u1ede \u0111\u00e2y, b\u1ea1n c\u00f3 th\u1ec3 mong \u0111\u1ee3i nhi\u1ec1u h\u01a1n t\u1eeb th\u1ea1ch cao SMY, ch\u00fang t\u00f4i s\u1ea3n xu\u1ea5t v\u1eadt li\u1ec7u nh\u1ea5t cho m\u00e1i nh\u00e0 tr\u00f4ng b\u00ean trong n\u1ed9i th\u1ea5t \u0111\u1eb9p. N\u1ebfu b\u1ea1n c\u00f3 c\u1ea3m gi\u00e1c r\u1eb1ng nh\u00e0 ri\u00eang c\u1ee7a b\u1ea1n xu\u1ea5t hi\u1ec7n tr\u01b0\u1edbc \u0111\u00f3, ch\u00fang t\u00f4i s\u1ebd c\u1ea3i t\u1ea1o n\u00f3 cho b\u1ea1n v\u00e0 l\u1eafp \u0111\u1eb7t c\u00e1c h\u00ecnh th\u1ee9c r\u00e8m, s\u01a1n v\u00e0 tr\u1ea7n. Ch\u00fang t\u00f4i \u0111ang \u1edf tuy\u1ebfn \u0111\u1ea7u c\u1ee7a availing s\u1ef1 ph\u00e2n chia tuy\u1ec7t v\u1eddi m\u00e0 tran thach cao c\u00f3 th\u1ec3 \u0111\u1ea3m b\u1ea3o ho\u1ea1t \u0111\u1ed9ng kinh doanh d\u1ec5 d\u00e0ng, b\u1ed5 sung gi\u00e1 tr\u1ecb v\u00e0 t\u0103ng c\u01b0\u1eddng t\u00ednh ri\u00eang t\u01b0. \u0110\u1ed9i ng\u0169 nh\u00e2n vi\u00ean c\u1ee7a ch\u00fang t\u00f4i s\u1ebd \u1ee7ng h\u1ed9 b\u1ea1n \u1edf nhi\u1ec1u l\u1ef1a ch\u1ecdn thay th\u1ebf c\u00f3 s\u1eb5n theo \u00fd c\u1ee7a b\u1ea1n v\u00e0 b\u1ea1n s\u1ebd ho\u00e0n to\u00e0n \u0111\u01b0\u1ee3c th\u00f4ng b\u00e1o th\u00eam v\u00e0 am hi\u1ec3u."}
{"_id": "335981", "title": "", "text": "\"For a retail investor who isn't a Physics or Math major, the \"\"Beta\"\" of the stock is probably the best way to quantify risk.  Examples: A Beta of 1 means that a stock moves in line with the market. Over 1 means that you would expect the stock to move up or down faster than the market as a whole. Under 1 means that you would expect the stock to move slower than the market as a whole.\""}
{"_id": "335982", "title": "", "text": "At retirement age, your life priorities are somewhat different, and two key items come to mind.  Your social circle, community and extended family contacts are highly related with your lifespan at retirement age. Loneliness kills, literally. Long distance relocation would weaken those ties exactly at the time when you most need and want them. You are also likely to need at least occasional physical assistance at random times, so living in a spot where none your friends&family can visit at a day's notice is hard. Cheaper living locations tend to have worse healthcare. Again, this doesn't matter much for a 25 year old expat, but at an age where you likely have one or multiple chronic diseases, general frailty and a very frequent need for healthcare this is a priority. This might work if you can do it as a family. I met a retired British couple in southern India, and they had a nice system where they were living in UK during the (UK) summer, and in India for the rest of the year. However, the above concerns don't disappear - when at a later time their health deterioates and one of them dies, then it would probably be better for the widow[er] to stay in UK permanently closer to their extended family and with the local healthcare system."}
{"_id": "335983", "title": "", "text": "Well, it was a 3 wheeler and looked too funky for current tastes and without mandates or complete revolution in infrastructure and so forth it's sad to say it won't work here. And again, you can buy many cars that get 40+ MPG without being hybrid....when I look at the Volt I ask, why, if the avg. MPG is 42....build something more like an Accord or Civic that gets 40+ mpg...  I'm looking ahead when battery technology will make the breakthroughs for mass scale, much more durable, longer charge and life times such as this, in maybe 2017;  http://www.bbc.co.uk/news/technology-15735478  We just need to be patient, make heavy investment in R&amp;D...and focus it on the areas that will make and break us."}
{"_id": "335991", "title": "", "text": "I would always suggest rolling over 401(k) plans to traditional IRAs when possible.  Particularly, assuming there is enough money in them that you can get a fee-free account at somewhere like Fidelity or Vanguard.  This is for a couple of reasons. First off, it opens up your investment choices significantly and can allow you significantly reduced expenses related to the account.  You may be able to find a superior offering from Vanguard or Fidelity to what your employer's 401(k) plan allows; typically they only allow a small selection of funds to choose from.  You also may be able to reduce the overhead fees, as many 401(k) plans charge you an administrative fee for being in the plan separate from the funds' costs. Second, it allows you to condense 401(k)s over time; each time you change employers, you can rollover your 401(k) to your regular IRA and not have to deal with a bunch of different accounts with different passwords and such.  Even if they're all at the same provider, odds are you will have to use separate accounts. Third, it avoids issues if your employer goes out of business.  While 401(k) plans are generally fully funded (particularly for former employers who you don't have match or vesting concerns with), it can be a pain sometimes when the plan is terminated to access your funds - they may be locked for months while the bankruptcy court works things out. Finally, employers sometimes make it expensive for you to stay in - particularly if you do have a very small amount.  Don't assume you're allowed to stay in the former employer's 401(k) plan fee-free; the plan will have specific instructions for what to do if you change employers, and it may include being required to leave the plan - or more often, it could increase the fees associated with the plan if you stay in.  Getting out sometimes will save you significantly, even with a low-cost plan."}
{"_id": "336005", "title": "", "text": "To issue corporate grade bonds the approval process very nearly matches that for issuing corporate equity. You must register with the sec, and then generally there is a initial debt offering similar to an IPO. (I say similar in terms of the process itself, but the actual sale of bonds is nothing like that for equities). It would be rare for a partnership to be that large as to issue debt in the form of bonds (although there are some that are pretty big), but I suppose it is possible as long as they want to file with the sec.   Beyond that a business could privately place bonds with a large investor but there is still registration requirements with the sec.  All that being said, it is also pretty rare for public bonds to be issued by a company that doesn't already have public equity. And the amounts we are talking about here are huge. The most common trade in corporate debt is a round lot of 100,000. So this isn't something a small corporation would have access to or have a need for. Generally financing for a smaller business comes from a bank."}
{"_id": "336007", "title": "", "text": "Looking for a professional dating service that would take away all the stress related to finding the right match? Mirabela Executive Dating Sydney is the perfect solution, that provides personalised consultation by expert matchmakers, which help you find exactly the kind of person you are looking for."}
{"_id": "336009", "title": "", "text": "There are so many patents because solving the problem is a multi-billion dollar idea.  IFAIK, no one has announced a storage system that can replace the grid during peak usage. I understand storing energy as potential energy is a simple concept, but if we're talking about GW of electricity, systems like [this train](https://www.wired.com/2016/05/forget-elons-batteries-fix-grid-rock-filled-train-hill/) which has a fairly large space requirement can produce 50MW for 15 minutes. If you had 20 of them you'd be approaching the power of a nuclear plant (a very small one), and you would exhaust yourself in 15 minutes.  I know someone who was working on compressing fluids to store potential energy and that seemed fairly promising.  But the fact is it's not a solved problem. Everyone is trying to solve it because it's the holy grail."}
{"_id": "336011", "title": "", "text": "\"No.  The more legs you add onto your trade, the more commissions you will pay entering and exiting the trade and the more opportunity for slippage.  So lets head the other direction.   Can we make a simple, risk-free option trade, with as few legs as possible? The (not really) surprising answer is \"\"yes\"\", but there is no free lunch, as you will see.  According to financial theory any riskless position will earn the risk free rate, which right now is almost nothing, nada, 0%.   Let's test this out with a little example. In theory, a riskless position can be constructed from buying a stock, selling a call option, and buying a put option.  This combination should earn the risk free rate. Selling the call option means you get money now but agree to let someone else have the stock at an agreed contract price if the price goes up.  Buying the put option means you pay money now but can sell the stock to someone at a pre-agreed contract price if you want to do so, which would only be when the price declines below the contract price.  To start our risk free trade, buy Google stock, GOOG, at the Oct 3 Close:   495.52 x 100sh = $49,552 The example has 100 shares for compatibility with the options contracts which require 100 share blocks. we will sell a call and buy a put @ contract price of $500 for Jan 19,2013.   Therefore we will receive $50,000 for certain on Jan 19,2013, unless the options clearing system fails, because of say, global financial collapse, or war with Aztec spacecraft. According to google finance, if we had sold a call today at the close we would receive the bid, which is 89.00/share, or $8,900 total.  And if we had bought a put today at the close we would pay the ask, which is 91.90/share, or $9190 total. So, to receive $50,000 for certain on Jan 19,2013 we could pay $49,552 for the GOOG stock, minus $8,900 for the money we received selling the call option, plus a payment of $9190 for the put option we need to protect the value.  The total is $49,842.   If we pay $49,842 today, plus execute the option strategy shown, we would have $50,000 on Jan 19,2013.  This is a profit of $158, the options commissions are going to be around $20-$30, so in total the profit is around $120 after commissions.   On the other hand, ~$50,000 in a bank CD for 12 months at 1.1% will yield $550 in similarly risk-free interest.   Given that it is difficult to actually make these trades simultaneously, in practice, with the prices jumping all around, I would say if you really want a low risk option trade then a bank CD looks like the safer bet.  This isn't to say you can't find another combination of stock and contract price that does better than a bank CD -- but I doubt it will ever be better by very much and still difficult to monitor and align the trades in practice.\""}
{"_id": "336017", "title": "", "text": "You'll own whatever fraction you bought. To own the company (as in, boolean - yes or no) you need to buy 100% of the outstanding stock. RE controlling the company, in general the answer is yes - although the mechanism for this might not be so straight forward (ie. you may have to appoint board members and may only be able to do so at pre-set intervals) and there may be conditions in the company charter designed to stop this happening. Depending on your jurisdiction certain ownership percentages can also trigger the need to do certain things so you may not be able to just buy 50% - in Australia when you reach 20% ownership you have to launch a formal takeover bid."}
{"_id": "336018", "title": "", "text": "\"Learn something new every day... I found this interesting and thought I'd throw my 2c in. Good description (I hope) from Short Selling: What is Short Selling First, let's describe what short selling means when you purchase shares of stock. In purchasing stocks, you buy a piece of ownership in the company. You buy/sell stock to gain/sell ownership of a company. When an investor goes long on an investment, it means that he or she has bought a stock believing its price will rise in the future. Conversely, when an investor goes short, he or she is anticipating a decrease in share price. Short selling is the selling of a stock that the seller doesn't own. More specifically, a short sale is the sale of a security that isn't owned by the seller, but that is promised to be delivered.  Still with us? Here's the skinny: when you short sell a stock, your broker will lend it to you. The stock will come from the brokerage's own inventory, from another one of the firm's customers, or from another brokerage firm. The shares are sold and the proceeds are credited to your account. Sooner or later, you must \"\"close\"\" the short by buying back the same number of shares (called covering) and returning them to your broker. If the price drops, you can buy back the stock at the lower price and make a profit on the difference. If the price of the stock rises, you have to buy it back at the higher price, and you lose money. So what happened? The Plan The Reality Lesson I never understood what \"\"Shorting a stock\"\" meant until today. Seems a bit risky for my blood, but I would assume this is an extreme example of what can go wrong. This guy literally chose the wrong time to short a stock that was, in all visible aspects, on the decline.  How often does a Large Company or Individual buy stock on the decline... and send that stock soaring? How often does a stock go up 100% in 24 hours? 600%?  Another example is recently when Oprah bought 10% of Weight Watchers and caused the stock to soar %105 in 24 hours. You would have rued the day you shorted that stock - on that particular day - if you believed enough to \"\"gamble\"\" on it going down in price.\""}
{"_id": "336043", "title": "", "text": "I don't see this article being about the merit of the customers claim but rather the condition of sale:  &gt; You agree not to file any complaint, chargeback, claim, dispute, or make any public forum post, review, Better Business Bureau complaint, social media post, or any public statement regarding the order, our website, or any issue regarding your order, for any reason, within this 90 day period, or to threaten to do so within the 90 day period, or it is a breach of the terms of sale, creating liability for damages in the amount of $250, plus any additional fees, damages - both consequential and incidental, calculated on an ongoing basis.  I'm happy to rally my pitchfork against any company that includes these conditions."}
{"_id": "336045", "title": "", "text": "A non-cash transaction will not be a problem. The bank will have to fill out federal paperwork if there are large amounts of cash involved.  This is to stop the underground economy.  This can even extend to non-banks. If you were to walk into a car dealer or some other stores and hand them a bag  of cash they will also report it. You can do what you propose without having to transfer any money between accounts. Your girlfriend can put the furniture and landscaping on her credit card, or write checks to the stores or companies. Based on the number of questions on this site regarding how to transfer funds between banks and accounts, the mechanics of the transfer is the hard part. Resist the urge to use cash to make the transfer. That will require paperwork. Many people find that the old standard of using checks to transfer funds is easy, safe and quick."}
{"_id": "336053", "title": "", "text": "\"There are a few of ways to do this: Ask the seller if they will hold a Vendor Take-Back Mortgage or VTB. They essentially hold a second mortgage on the property for a shorter amortization (1 - 5 years) with a higher interest rate than the bank-held mortgage. The upside for the seller is he makes a little money on the second mortgage. The downsides for the seller are that he doesn't get the entire purchase price of the property up-front, and that if the buyer goes bankrupt, the vendor will be second in line behind the bank to get any money from the property when it's sold for amounts owing. Look for a seller that is willing to put together a lease-to-own deal. The buyer and seller agree to a purchase price set 5 years in the future. A monthly rent is calculated such that paying it for 5 years equals a 20% down payment. At the 5 year mark you decide if you want to buy or not. If you do not, the deal is nulled. If you do, the rent you paid is counted as the down payment for the property and the sale moves forward. Find a private lender for the down payment. This is known as a \"\"hard money\"\" lender for a reason: they know you can't get it anywhere else. Expect to pay higher rates than a VTB. Ask your mortgage broker and your real estate agent about these options.\""}
{"_id": "336061", "title": "", "text": "would you say [this](http://www.youtube.com/watch?v=YJyWY2Fzzr8) is at the right place at the right time?  I'm supporting your argument because I do think shits (events) do happened when they align. I mean that guy in the video is doing his normal routine job and shit just happened. After watching that clip, I'm starting to believe there is a power in cosmos that does sort of control our lives."}
{"_id": "336073", "title": "", "text": "So basically india, but an asian versian.  The point was these places have entire under classes of their population that are allowed to literally die in the street.   I would say if that's your vision of a well run society you should move there."}
{"_id": "336093", "title": "", "text": "I have been in this situation and I essentially went for the truthful answer.  I first explained that co-signing for a loan wasn't just vouching for the person, which I certainly would do, but it was putting my name on the loan and making me the person they loan company would go after if a payment was ever missed. Then I explained that even within married couples, money can be a major source of strife and fights, it would be even worse for someone not quite as close like a family member or friend. Essentially I wouldn't want to risk my relationship with a good friend or family member over some financial matter."}
{"_id": "336112", "title": "", "text": "Well, it's all very nice, but if you had really done the research you'd have found that ads ends up being the way to go, maybe with a paid option to get rid of them.  Maybe it's not fair or right, but as things stand 'free' wins out from a monetisation standpoint. That goes double for a simple app that others can quickly rip off."}
{"_id": "336120", "title": "", "text": "\"If I were in your shoes (and one time I was), I would not talk \"\"about what I am doing\"\" unless I am specifically asked or if it's something that could possibly help the C-level exec... instead I would talk about what HE is doing. Ask him what problems he is currently facing (in the organization). This will give you insight as to what's currently on his mind and the challenges he's currently trying to overcome -- it will help you in your efforts at the company, if you keep it in the back of your mind that this is what is trying to be achieved by the big guys. Ask him where he sees the company in the long term. This will help reinforce and clear up the ideas you're keeping in the back of your head from the previous question you asked. Ask him why he hasn't gotten to that point already if the goal he mentioned seems like something that isn't that difficult to accomplish. This will pose as a difficult question for himself to formulate an answer to, where he will have to self-evaluate whether or not he is behind the curve or ahead of the game. Mention things you have done well in the past that play into any of the troubles he's currently facing or about to be facing soon -- so he knows he can directly call on you if he needs that particular something done (bonus points if it's a specialization). Don't waste your time on pleasantries and basic discussion. If you do talk about pleasantries because he brought it up, find out his interests and see if you have any in common by location, subject or any shared contacts. The C-level exec you are going to be sitting with, has limited time, but he has chosen to sit with you (and possibly others) when he could be doing other things. Use it to your advantage and ask him questions about why certain things are being done the way they are, especially if you think they're inefficient. You never know, you might just get directly put in charge of fixing those inefficiencies, which, since it's more responsibility, would be a great addition to your resume. Also, research current news involving the company, and mention it (if appropriate, not just out of nowhere). It shows you're on top of the game, maybe not in rank, but definitely in understanding.\""}
{"_id": "336140", "title": "", "text": "It's important to note that the US is also the country that taxes its expats when they live abroad, and forces foreign banks to disclose assets of US citizens.  Americans are literally the property of their government. America is a tax farm and its citizens can't leave the farm. Wherever you go, you are owned.  And that now appears to be true of your Bitcoin as well. Even if you spend 50 years outside the USA, your masters want a piece of what you earn.  Land of the Free."}
{"_id": "336144", "title": "", "text": "\"Why it is good to be risky The reason why it is good to be risky is because risky investments can result in higher returns on your money. The problem with being risky, is there is a chance you can lose money. However, in the long term you can usually benefit from higher returns even if you have a few slip ups. Let me show you an example:  These two lines are based off of placing $2,000 in a retirement fund at age of 20 and then at age of 25 start investing $6,500 a year (based off of a salary of $65,000 with a company that will 1 to 1 match up to 5% IRA contribution, presumably someone with a Master's should be able to get this) and then being able to increase your contribution amount by $150 a year as your salary begins to increase as well. The blue line assumes that all of this money that you are putting in a retirement account has a fixed 3% interest (compounded yearly for simplicity sake) every year until you retire. The red line is earning a 12% interest rate while you are 20 years old and then decreasing by 0.5% per year until you retire. Since this is using more risky investments when you are younger, I have even gone ahead and included losing 20% of your money when you are 24, another 20% when you are 29, and then again another 20% when you are 34. As you can see, even with losing 20% of your money 3 different times, you still end up with more money then you would have had if you stuck with a more conservative investment plan. If I change this to 50% each 3 times, you will still come out about equal to a more conservative investment. Now, I do have these 3 loses placed at a younger age when there is less to lose, but this is to be expected since you are being more risky when you are young. When you are closer to retirement you have less of a chance of losing money since you will be investing more conservatively. Why it is OK to be risky when you are young but not old Lets say you loose 20% of your $2,000 when you are young, you have 30-40 years to make that back. That's roughly $1 a month extra that you are having to come up with. So, if you have a risky investment go bad when you are young, you have plenty of time to account for it before you retire.  Now lets say you have $1,000,000 when you are 5 years from retiring and loose 20% of it, you have to come up with an extra $3,333 a month if you want to retire on time. So, if you have a risky investment go bad when you are close to retiring, you will most likely have to work for many more years just to be able to recover from your loses. What to invest in This is a little bit more difficult question to answer. If there was one \"\"right\"\" way to invest your money, every one would be doing that one \"\"right\"\" way and would result in it not turning out to be that good of investment. What you need to do is come up with a plan for yourself. My biggest advice that I can give is to be careful with fees. Some places will charge a fixed dollar amount per trade, while others might charge a fixed dollar amount per month, while even others might charge a percentage of your investment. With only having $2,000 to invest, a large fee might make it difficult to make money.\""}
{"_id": "336145", "title": "", "text": "\"Some people believe that inflation is caused by an increase in the money supply when the banks engage in fractional reserve lending. Is this correct? You are referring to the Austrian school of thought. The Austrians define inflation in terms of money supply. In other words, inflation is defined as an increase in the aggregate money supply, even if prices stay the same of fall. This is not the only definition of inflation. The mainstream defines inflation as a general increase in the prices of consumer goods. Based on the first definition, then your supposition is correct by definition. Based on the second definition, you can make a case that money supply affects prices. But keep in mind, it's just one factor affecting prices. Furthermore, economics is resistant to experimentation, so it is difficult to establish causality. Austrian economists tend to approach the problem of \"\"proof\"\" using a 2-pronged tactic: establish plausibility by explaining the mechanism, then look for historical evidence to back up that explanation. As I understand it, when there is more available money in the market, the price of goods will increase. But will a normal merchant acknowledge the increase of money supply and raise prices immediately? I posit that, in the short run, merchants won't increase prices in response to increased money supply. So, why does increased money supply lead to price inflation? The simple answer, in the Austrian school of thought, is that you have more money chasing the same amount of goods. In other words, printing money doesn't actually increase the number of widgets made. I believe the Austrian school is consistent with your supposition that prices don't increase in the short run. In other words, producers don't increase prices immediately after observing an increase in the money supply. Specifically, after the banks print more notes, where will the money be distributed first?  The Austrian story goes as follows: Imagine that the first borrower is a home constructor, and he is borrowing freshly \"\"printed\"\" money to build new homes. This constructor will need to buy materials and hire labor to build homes, and in doing so he will bid against other home constructors. The increased demand for lumber, nails, tools, carpentry, etc. will ever so slightly increase the market prices for these goods and services. So the money goes first to the borrower, but then flows also to the people selling to the borrower, and the people selling to the sellers, etc. It has a ripple effect. Who will be the first one to have a need to rise their price? These producers won't need to increase their price, but they will choose to do so if the believe that demand outstrips supply. In other words if you have more orders than you can fill, then you may post higher prices because you think consumers will tolerate the higher price.  You might object that competition deters any one producer from unilaterally raising prices, but in fact if all producers are failing to keep up with demand, then you can unilaterally raise prices because other producers don't have any excess inventory to undercut you with.\""}
{"_id": "336170", "title": "", "text": "\"Paying for a good home inspection, from a person you choose.  Mine was $500 and the guy gave me a nice print out with a bunch of little problems that I knew had to be fixed.  It was easy to determine my fix-up cost, which was separate from my \"\"I want to change this\"\" cost.  He was working for me, not the agents or the seller, so I felt more trusting of his advice. If you end up shopping hard and looking seriously at several houses, you might end up paying this more than once. (A bad report would be a good contingency for cancelling your offer.)\""}
{"_id": "336179", "title": "", "text": "You can still be nice, yet command authority. In fact, being a D-bag boss will often negatively affect the company's culture, which is very important. If you make a brash change people will notice and give you less respect. Just be straight with what needs to get done, and why. But at the same time, don't be afraid to kick ass if it's need."}
{"_id": "336217", "title": "", "text": "We've been in this situation for about 10 years now.  We don't have to send money back to Canada very often, but when we do, we typically just write a US$ check/cheque and send it to a relative back home to cash for us.  We've found that the Canadian banks are much more familiar with US currency than vice versa, and typically have better exchange rates than many of the other options.  That said, we haven't done an exhaustive search for the best deal. If you haven't left Canada yet, you might consider opening up a US funds account at the same bank as your Canadian funds account if the bank will allow you to transfer money between the accounts.  I haven't priced out that option, so I don't know what the exchange rate would look like there. Also, you didn't ask about this, but if you have any RRSP accounts in Canada, make sure they're with a broker that is licensed to accept trades from US-based customers.  Otherwise, you won't be able to move your money around to different investments within the RRSP. Once you're resident in the US, you will no longer be able to open any new accounts in Canada, but you will be able to maintain the ones you already have."}
{"_id": "336218", "title": "", "text": "Just sticking to equities: If you are investing directly in a share/stock, depending on various factors, you may have picked up a winner or to your dismay a loser. Say you just have Rs 10,000/- to invest, which stock would you buy?   If you don't know, then it\u2019s better to buy a Mutual Fund. Now if you say you would buy a few of everything, then even to purchase say Rs 5000/- worth of each stock in the NIFTY Index [50 companies] you would require at least an investment of 250,000/-. When you are investing directly you always have to buy in whole numbers, i.e. you can't buy 1/2 share or 1.6 share of some stock.   The way Mutual funds work is they take 10,000 from 250 people and invest in all the stocks. There are fund managers who's job is to pick good stocks, however even they cannot predict winners all the time. Normally a few of the picks become great winners, most are average, and a few are losers; this means that overall your returns are average VS if you had picked the winning stock. The essential difference between you investing on your own and via mutual funds are:   It is good to begin with a Mutual Fund, and once you start understanding the stocks better you can invest directly into the equities. The same logic holds true for Debt as well."}
{"_id": "336221", "title": "", "text": "It's an interesting question, and one that has a few tentacles. A few thoughts come to mind: There's nothing wrong per se with these arrangements. I think it's a matter of doing what feels comfortable. Hopefully someone on here will have a personal experience to share."}
{"_id": "336227", "title": "", "text": "I have lower back issues so a 20-30 min break every 3 hrs would still be ideal ha. True about the chargers but there are more and more now and any long distance highway trip in the US would be easy."}
{"_id": "336239", "title": "", "text": "\"The difference it that the headline I suggested removes the editorialization of the news. It is one thing to not have space for all the info. It is another to edit your headline to alter the meaning of your point.  Someone dismissing a headline because it lacks a source is one thing (and with the words \"\"survey\"\" you at least expect to find the source in the article). Someone walking away from a headline wrongly assuming that ALL of the CEO's in the US got at least a 27% raise last year is another.  I mean, this is the HuffPo. They ALL CAPS at least one word in every headline that is an action as a not so subtle demand on what you should do.\""}
{"_id": "336240", "title": "", "text": "\"If you are going to finance a used car, it is frequently best to arrange financing before you even pick out the car.    The easiest way I recommend is to talk to a local credit union or two.   They'll be able to tell you your interest rate and terms without having to talk to the dealer at all.  Most likely, they'll be significantly better than the dealer at getting a good interest rate. As far \"\"what is a good rate?\"\", check out bankrate for average loan rates: http://www.bankrate.com/auto.aspx Today's numbers look like 2.87% is the average for a 48-month used car loan.   That means if the bank comes back with something ridiculous like 9% or 10% you know they are way overcharging you.   I know someone who got a first-time-buyer rate from Ford and ended up with a 19.99% rate.   I could literally buy the car on my credit card and end up in a better spot. Honestly though, if you are 18 and have $5500 to put towards a car, I'd buy a $4500 car and save $1000 for repairs and maintenance.   After you have the car, put $250 every month for a \"\"car payment\"\" into a savings account for your next car.\""}
{"_id": "336242", "title": "", "text": "I don't know where the money comes from. I do know flood Insurance is through the National Government.   I worked an internship for Horace Mann insurance, and all I know is that I would hate to be working their the next month and a half."}
{"_id": "336268", "title": "", "text": "\"Your CHMC insurance is payable to the lender not to you if you default. So technically you get nothing from it. However the likelihood is that you could not have got this loan, or got it only at an extremely high interest rate, without this insurance. The Canadian government has a page on CHMC, including a link to a page called \"\"What's in it for you?\"\".\""}
{"_id": "336272", "title": "", "text": "1) Document that you held the bitcoins for more than one year. This should not be particularly difficult. Since you haven't moved the bitcoins, you hold the key to an address that has held them for more than one year. While this isn't absolute proof, it should be sufficient. 2) Since you can't document how you bought them easily, you can just assume a tax basis of zero. This will mean you will pay microscopically more in taxes, but don't worry about it. 3) Sign up with an exchange that can handle your sales. Coinbase will work if you want to sell it slowly. Gemini will work if you want to sell more quickly. 4) Get a decent, secure bitcoin wallet. Transfer the bitcoins to the exchange only as you're selling them. Make you first sale fairly small just in case something goes wrong. 5) Keep meticulous notes about each sale -- the date of the sale, the number of bitcoins you sold, and the number of dollars you got. 6) Make sure to keep enough money for taxes. In Michigan, 24.3% would be the highest possible tax rate you might have to pay if you sold a lot or had high income otherwise. 7) Either get a professional to file your taxes for you or learn how to correctly report long-term capital gains. You must report each individual sale. You may get audited or investigated, but there's nothing to find. The bitcoins have been in stasis for a long time, and it's completely plausible that you bought them and held them. If you can find any proof you bought them (such as a transfer to an exchange) that would be great, but it's not essential. Many people have this same story and unless you're connected to something illegal, you probably don't have anything to worry about. Congratulations! So thats my question, what steps do I need to take to declare this money and obtain it without getting arrested / investigated? There's nothing special you need to do other than keep very good documentation. When you file your taxes, you will need to declare each sale. (This answer assumes that you didn't have a lot of income last year and significantly less income this year. If that's the case, you may have to pay estimated taxes to avoid a penalty. But that penalty is very small and will be calculated by the IRS for you automatically. So I wouldn't worry about it.) You may wish to read up on gift taxes to understand how they work. You won't owe any, but you may need to file paperwork with the IRS if you give large gifts (over $14,000) to people and you will use up some of your lifetime exemption. Keep records of any gifts you give."}
{"_id": "336276", "title": "", "text": "\"Your first question has been answered quite well already. To answer your second question: \"\"If you pay extra, do you want the extra to go toward the interest or   toward the principal?\"\" This gives the consumer some flexibility to decide how additional payments are applied. It might seem like a no-brainer to always apply extra payments towards principal - that way, the interest amounts on future payments will be lower and (if you're billed a fixed amount each month) more of each regular payment will then be applied to principal, shortening the term of the loan. However, while it would mean spending more over the life of the loan, there are certain advantages to applying extra payments towards interest\u2020. The main advantage is that it pays your account ahead and means you don't have to make another payment as soon. You could use this strategy to give yourself a buffer of several months, so that if you should ever run into financial hardship you can stop making mortgage payments for a while without the risk of foreclosure. \u2020 Note, in most cases it's more likely that you are simply paying more without specifying to the lender that it should be used as principal curtailment. I haven't seen cases where you can explicitly ask the extra to be \"\"applied toward interest\"\". In this situation the funds would be held until you've provided enough to cover one or more monthly payments in full, at which point your \"\"next payment due\"\" date will simply be extended.  Another advantage is that the funds that are being held (not due yet, not allocated toward any specific payment, maybe held in escrow) may be refundable to you, upon request. This would depend on the lender's policy. Some will permit refunds of credit balances that go beyond what is necessary to cover the current month's bill. Whether you apply extra payments towards principal or not, it makes little difference to the bank. Any additional payments received increase their immediate cash flow. The cash can be reinvested immediately by them into whatever they are currently focusing on.\""}
{"_id": "336277", "title": "", "text": "Data is a funny thing. There are many different ways of constructing data sets. Keep in mind, the cite you linked is fine, I follow this kind of site when I am data mining. They got their data from the Government, and there's no reason to doubt its validity. Keep in mind, it's a survey. They extrapolate from a survey of a small population - In the 2016 survey, 6,254 families were interviewed, and in the 2013   survey, 6,026 were interviewed. 1) Let's set that aside, and look at the numbers as if they were gospel. $10.37M net worth to be top 1%. That's people at all different ages, and not the wealth cutoff for those dying, else the estate tax would hit closer to the 1%. Given the limited data set, I'd only hypothesize, if we graphed the age (along the bottom, X axis) vs number of people, the curve would peek in mid to late 60's, as people retire. With 20 years for the couple to spend and gift, it's not tough to imagine that by the time they pass away, the taxable estate $11M couple falls to just .2%.  2) When the estate tax impacted estates over just $600K, and my daughter was born, we set up a trust. Out net worth was barely positive, but insurance alone would have created enough wealth to have our orphaned child be subject to the tax of our estate before she received a dime. We also used the trust to fund her college. As a completed gift, had we made some bad decisions and lost it all, at least that money would be protected. Keep in mind, there are different flavors of trusts, but it's safe to say that in a survey to collect data, the million dollar+ trusts are considered family wealth. Not tough to imagine a good fraction of those families over $10M have a nice chunk already protected this way.  3) Last - For any illiquid assets, there's a discount that gets applied, typically 30%. I own a ranch, and want to start gifting it to the kids, the process involves creating stock, with restrictions, as a way to transfer the fractions required to gift the $14K/yr per person combination. (That is, a couple can gift 14x4 = $56K to a child with a spouse. 4 kids, all married, and the gifting is $224K/yr, $320K at full valuation. Again, these gifts may be to irrevocable trusts, and still thought of as their wealth."}
{"_id": "336282", "title": "", "text": "Granted, currencies don't have intrinsic value.   Cryptocurrency is worse than government currencies in a few ways:   - it costs real resources to produce   - no institution keeps values stable   - values are volatile in practice  In those respects, crypto is more similar to a precious metal than a currency. Except it's worse than precious metals too, as metals have some intrinsic value.  Crypto won't be able to overcome these disadvantages to compete with government-issued currencies in the long term. It might compete with gold long term. There are a lot of nuts and gold bugs in the world, and crypto might live on in that fringe space."}
{"_id": "336284", "title": "", "text": "\"the \"\"how\"\" all depends on your level of computer savvy. Are you an Excel spreadsheet user or can you write in programming languages such as python? Either approach have math functions that make the calculation of ROI and Volatility trivial. If you're a python coder, then look up \"\"pandas\"\" (http://pandas.pydata.org/) - it handles a lot of the book-keeping and downloading of end of day equities data. With a dozen lines of code, you can compute ROI and volatility.\""}
{"_id": "336356", "title": "", "text": "TIL, thanks for the pricing ballpark.  Yeah, auto-freeze would piss of their customers, but the alternative is entire cohorts of consumers *learning* to ramp down credit utilization *and teaching their children* because the consumer credit industry can't get its data management act together and the PITA factor rises so high consumers start to get taught by the breaches and their expenses and time to repair it on their end is not worth the credit: that's a secular long term trend that would piss off shareholders."}
{"_id": "336368", "title": "", "text": "I like Obama and hate Trump, but let's be accurate. These rate hikes were planned before Trump got elected, actually started happening before Trump was elected, and they would have continued to happen regardless of who became president in 2017. That's how the business cycle works. Did you expect the rate to stay near 0% forever?"}
{"_id": "336381", "title": "", "text": "\"According to Realtor.com, there are a variety of options to save on closing costs:  A general Google search on \"\"how to reduce closing costs\"\" will return a lot of results on other people's experiences, as well as tips and tricks.\""}
{"_id": "336387", "title": "", "text": "Websites like neobudget dot com or mint dot com can help you see where your money is going, especially if you use mostly checks, debit cards, or credit cards for your purchases.  They are less useful if you use cash often."}
{"_id": "336394", "title": "", "text": "The main restrictions you see with IRA's involve contributions, and not the actual investments themselves. I would be indifferent to having a single investment across multiple accounts. It might be a bit trickier to manage, especially if your strategy involves some specific asset allocation. Other than account management though, there's no big issue."}
{"_id": "336399", "title": "", "text": "Yes, via a margin account, one can trade or transfer on unsettled funds. These are tight regulations that begin with the Federal Reserve, extend to FINRA, and downward. In a cash account, this is not possible. Since speed is a necessity, a margin account can actually be approved nearly instantly."}
{"_id": "336405", "title": "", "text": "I think you need to study the history of industrialization.  First of all, these people arent losers. They work honestly, dont commit crime.  Second, minimum wage laws come out of the history of industrialization.  The only reason we have any middle class whatsoever is because of the labor movement. Ill allow you some time to look up, as an example, coal miners strikes, or *The Jungle* by Upton Sinclaire.   Second, please take an econ course above 201. Regulation, yes, brings more business if it is correcting a market failure.  A market failure is when the private market does not produce maximum social benefit. When MPB !=MSB that is a market failure. Pb being private benefit.  Then entire field of economics is dedicated to discovering proper methods to correct market failures,  since most industries have at least some failures, in the most efficient way possible to where MPB=MSB.  Yes, regulation can bring benefit to the economy.   One great and obvious example is the regulation of lemons. Without regulation, there would be no restriction against selling disfunctional products. With widespread sale of dysfunctional products, the economy would suffer as users demand lower prices even for perfectly good products, because they cannot know whether it is a lemon. This is just one example of a regulation against business benefiting the economy.   Once you have done educated yourself, Im happy to continue this discussion on a rational footing."}
{"_id": "336441", "title": "", "text": "You decide whether the improvements will result in a net higher price.  You also need to figure on how long the house will be on the market and the cost of carrying the home, unoccupied.  Some people would prefer the quickest sale. Others would wait to get the highest price. If you sell to a known buyer, you avoid using a real estate agent. If you plan to sell on your own and avoid the agent, there's a bit of effort dealing with the public, especially those who just want to look at houses with no real interest in buying. (As an agent, I can tell you, there's nothing like talking for nearly an hour, and then figuring out these people are from 1/2 mile away, but just attend every open house in the area.)"}
{"_id": "336444", "title": "", "text": "According to pretty well accepted corporate finance principles. They're mature/maturing companies with large durable noncyclical cash flow streams. Increasing their debt load and distributing the proceeds to shareholders would lower their after tax cost of capital and increase the value of their equity. IMO operating with such under levered balance sheets is nonoptimal. It's subjective though."}
{"_id": "336451", "title": "", "text": "Yes, my point is some DO stick around. Just like any other business, some stick around, some last only a few years. Given that facebook has done nothing but grow for the last seven years, it's likely to stick around a while longer. Either way, there is lots of money to be made"}
{"_id": "336468", "title": "", "text": "\"For a newly registered business, you'll be using your \"\"personal\"\" credit score to get the credit.  You will need to sign for the credit card personally so that if your business goes under, they still get paid. Your idea of opening a business card to increase your credit score is not a sound one. Business plastic might not show up on   your personal credit history. While   some issuers report business accounts   on a consumer's personal credit   history, others don't. This cuts both ways. Some   entrepreneurs want business cards on   their personal reports, believing   those nice high limits and good   payment histories will boost their   scores. Other small business owners,   especially those who keep high running   balances, know that including that   credit line could potentially lower   their personal credit scores even if   they pay off the cards in full every   month. There is one instance in which the   card will show up on your personal   credit history: if you go into   default. You're not entitled to a   positive mark, \"\"but if you get a   negative mark, it will go on your   personal report,\"\" Frank says. And some further information related to evaluating a business for a credit card: If an issuer is evaluating you for a   business card, the company should be   asking about your business, says   Frank. In addition, there \"\"should be   something on the application that   indicates it's for business use,\"\" he   says. Bottom line: If it's a business   card, expect that the issuer will want   at least some information pertaining   to your business. There is additional underwriting for   small business cards, says Alfonso. In   addition to personal salary and credit   scores, business owners \"\"can share   financials with us, and we evaluate   the entire business financial   background in order to give them   larger lines,\"\" she says. Anticipate that the issuer will check   your personal credit, too. \"\"The vast   majority of business cards are based   on a personal credit score,\"\" says   Frank. In addition, many issuers ask   entrepreneurs to personally guarantee   the accounts. That means even if the   businesses go bust, the owners promise   to repay the debts. Source\""}
{"_id": "336479", "title": "", "text": "It will be Atlanta, Austin or Boston.  I don't think any of the other cities has enough of what they need: far enough away from Seattle, diverse and large pool of potential employees, strategic metro area, nexus to concurrent new market growth."}
{"_id": "336481", "title": "", "text": "Especially since the 2007 UCS Falcon has been selling for over $1000 on ebay pretty much since it was discontinued.  There's clearly a market and it's not like it's the only falcon in town, the 75105 is $150. I don't understand why people are getting bothered by the price tag of the largest commercially available lego set ever."}
{"_id": "336485", "title": "", "text": "I don't even watch things I have access to on Amazon Prime, which I get as incidental to all that free shipping. What makes Disney think I'm going to pay another monthly fee and then actually log in to watch their stuff? Much easier to just pirate it and then double click a file when I'm feeling like it."}
{"_id": "336494", "title": "", "text": "[The website you mention](http://managementconsulted.com/consulting-jobs/2012-management-consulting-salaries-undergraduate-post-mba/# ) has starting salaries for those with undergrad degrees at $60,000, and as I mentioned above are not including bonus or 401k match.  My information is 5 years old now and is not too far off. $60k to work 100 hours a week is not worth it, at least not to me. That's why I recommended to get his/her MBA so they can get into the business at a six figure salary.  Source: I've been in the financial industry for 5 years now."}
{"_id": "336498", "title": "", "text": "\"A much better one is where they pay for peering with comcast and the average quality jumps up from \"\"comically low\"\" to  \"\"about the same as cablevision\"\": http://img.qz.com/2014/08/screen-shot-2014-08-27-at-11-35_optimized.png?w=826  The most damning evidence isn't in the charts though; it's the story of how three different transit providers (IIRC Level3, Cogent and Tata) all reported that from the moment they inked deals with Netflix, Comcast ceased to increase edge capacity as they had done previously.\""}
{"_id": "336506", "title": "", "text": "The only proven way to lose weight and stay in shape is the combination of a healthy diet and regular, strenuous exercise, just like it always has been. This article is just searching for a way to blame the author's weight issues on anyone but themselves."}
{"_id": "336509", "title": "", "text": "I think you should wait to see if he actually gets 80k a year. Also depending on where you live your taxes will vary. With your current expenses, you should be ok as it is under 3K but it doesn't leave too much left over for savings.   If you start a family with his single income. I don't think you'll make it. I'd suggest holding off on starting a family as you are both very young. You have plenty of time to focus on getting your education and him developing a career."}
{"_id": "336518", "title": "", "text": "\"The trick to using a credit card responsibly is accounting. With your old system, you were paying for everything out of your savings account.  Everytime you had an expense, it was immediately withdrawn from your savings account, and you saw how much money you had left. Now, with a credit card, there isn't any money being withdrawn from your savings account until a month later, when you have a huge credit card bill. The trick is to treat every credit card transaction as if it was a debit card transaction, and subtract the money from your \"\"available funds\"\" on paper immediately.  Then you'll know how much money you actually have to spend (not by looking at your bank statement, but by looking at your \"\"available funds\"\" number), and when the credit card bill comes, you'll have money sitting there waiting to go to the credit card company. This requires more work than you had with your old system, and if it sounds like too much work, you might be better off with a debit card or cash.  But if you want to continue to use the credit card, you'll find that the right software will make the accounting process easier.  I like YNAB, but there are other software products that work as well.  Just make sure that your system accounts for each credit card transaction as it is spent, deducting the amount from your budget now, so that there is money set aside for the credit card bill.  Software that simply categorizes your spending after the fact is not as useful.\""}
{"_id": "336532", "title": "", "text": "\"Stocks are regarded as an inflation hedge because when your money is worth less, everything else is worth more. i.e. Stocks are more expensive (go up) simply because your money is worth less, but not because of better earnings across individual companies. So that general idea can effect sentiment, whereby if everyone believes it then more people buy stocks if they think there will be a lot of inflation. But it doesn't explain actual behavior (whether \"\"more\"\" people buy, hold or sell.) It's worth noting that individual companies and stocks also may be adversely affected by inflation, since their own assets or accounting may already be outside of the currency and/or they may already be engaging in their own hedging.\""}
{"_id": "336541", "title": "", "text": "\"There is unlimited risk in taking a naked call option position.  The only risk in taking a covered call position is that you will be required to sell your shares for less than the going market price. I don't entirely agree with the accepted answer given here.  You would not lose the amount you paid to buy the shares. Naked Call Option Suppose take a naked call option position by selling a call option. Since there is no limit on how high the price of the underlying share can go, you can be forced to either buy back the option at a very high price, or, in the case that the option is exercised, you can be force. to buy the underlying shares at a very high price and then sell them to the option holder at a very low price. For example, suppose you sell an Apple call option with a strike price of $100 at a premium of $2.50, and for this you receive a payment of $250. Now, if the price of Apple skyrockets to, say, $1000, then you would either have to buy back the option for about $90,000 = 100 x ($1000-$100), or, if the holder exercised the option, then you would need to buy 100 Apple shares at the market price of $1000 per share, costing you $100,000, and then sell them to the option holder at the strike price of $100 for $10,000 = 100 x $100.  In either case, you would show a loss of $90,000 on the share transaction, which would be slightly offset by a $250 credit for the premium you received selling the call.  There is no limit on the potential loss since there is no limit on how high the underlying share price can go. Covered Call Option Consider now the case of a covered call option.  Since you hold the underlying shares, any loss you make on the option position would be \"\"covered\"\" by the profit you make on the underlying shares. Again, suppose you own 100 Apple shares and sell a call option with a strike price of $100 at a premium of $2.50 to earn a payment of $250. If the price of Apple skyrockets to $1000, then there are again two possible scenarios. One, you buy back the option at a premium of about $900 costing you $90,000.  In order to cover this cost you would then sell your 100 Apple shares at the market price of $1000 per share to realise $100,000 = 100 x $1000.  On the other hand, if your option is exercised, then you would deliver your 100 Apple shares to the option holder at the contracted strike price of $100 per share, thus receiving just $10,000 = 100 x $100.  The only \"\"loss\"\" is that you have had to sell your shares for much less than the market price.\""}
{"_id": "336549", "title": "", "text": "\"In his defense, the article was written by an owner of a small consulting firm and lays out some pretty loose ideas on why big consulting firms are doomed. From what I've seen, they understand this shift and are working to adapt already. I wouldn't especially use the word \"\"doomed\"\" either.\""}
{"_id": "336550", "title": "", "text": "\"I don't think this is a good model to sell cloths - very costly, slow and a lot of returns.  Clothing and fashion stores could easily fight this and sell more than they do now. I say \"\"could\"\" because they should have done it many many years ago. To stuck in their old-fashioned way.  I would prefer to go to a Showroom (not a store) that has huge selection on display, possibly fashion expert who can help select/suggest for me, try/touch the cloths there, and what I like will be ordered and shipped to my house exactly to my size.  (the old Service Merchandise mode of selling, but for clothing and fashion).\""}
{"_id": "336565", "title": "", "text": "The economy will never be the same from the perspective of the lower and middle classes. Globalization is continuing to happen and no Presisdent can do anything about it. This means an increased pool of workers (china, India, Brazil, etc) competing for the same quality of life we have.    Only way to stay ahead is get as educated as possible."}
{"_id": "336572", "title": "", "text": "\"Sounds like a bitter douchebag who got passed over by some awesome bootstrappers.  Wait, what?   Now seriously - you know what that polemic of mine was about? Reaching people. Shaking them up. And it's done a far better job than any \"\"reasonable\"\" essay could.   EDIT: I didn't ask anyone to vote on anything, FYI. And thanks for the compliments. But I would like to see numbers on your \"\"higher probability for success\"\" from venture capital.\""}
{"_id": "336574", "title": "", "text": "Children like it because they can both hold it and not chew. They are encouraged further by playgrounds and toys. By the time most realize it's not good, they have 10 plus years eating it. All this takes cooperation of the parents, which may be the real issue. If parents feel it's bad, they won't go."}
{"_id": "336577", "title": "", "text": "I didn't get through the entire article but I assume it's similar to other cottage food laws which many other states already have. In Florida, for example, many baked goods and non-hazardous stuff can be cooked at home and sold as long as they are labeled as made under the cottage laws."}
{"_id": "336599", "title": "", "text": "I understand I am being a tad simplistic.  But we can all pull a Wikipedia article out of our ass can't we? https://en.wikipedia.org/wiki/1973_oil_crisis  Similar price increase ($3 --&gt; $12). But lets just compare the effects by looking at the length of the article and not the content. I concede I am again be a tad simplistic. But the oil shortage nearly escalated into a full blown war, crashed the stock market, and all these other implications. I think that supports my original argument to OPs question, dont you think u/raybrignsx?"}
{"_id": "336601", "title": "", "text": "\"This isn't as rigorous as it should be, but may offer some useful insight into how big and small companies differ operationally. Putting Apple aside, larger companies tend to sell larger volumes of products (even if they're MRI devices, or turbines) relative to what smaller companies can sell (obviously, in absolute terms as well).  They are also able to negotiate volume discounts as well as payment terms.  This allows them to finance sales through their supply chain.  However, their large direct competitors are able to do the same thing as well.  Competitive forces then drive prices down. Smaller businesses, without these advantages of scale, tend to have to charge higher margins since they have to pay directly (and, if their clients are large businesses, finance the sale). Small businesses still have higher proportional costs of operation.  Sadly, my reference here is a study I performed for the South African Revenue Service about ten years ago, and not available online. However, the time taken by a small business to manage admin, tax, HR is a greater proportion of revenue than for larger companies. If the small business is a start-up with big investment from venture finance, then they could subsidise their selling price, run at a loss and try and gain scale.  Funnily enough, there is a fantastic article on this by Joel Spolsky (Ben and Jerry's vs. Amazon) For the average highly-competitive smaller company, the best choice is to chase design/quality/premium markets in order to justify the higher margins they have to charge.   And that's what makes Apple interesting as a case study.  They were a small company in the presence of giants (Intel, Microsoft, IBM).  They were \"\"forced\"\" to concentrate on design and premium markets in order to justify their need for higher margins.  It almost didn't work but then they broke through.  Now they're in the unique position of having gained scale but are still small enough relative to other electronics manufacturers to continue charging that premium (by volume their sales are still relatively small but their margins make them a giant). This type of variation from market to market makes developing some sort of generalised solution very unlikely but the general requirement holds: that smaller companies must charge higher margins in order to create equivalent profits to larger companies which must gain scale through volume.\""}
{"_id": "336607", "title": "", "text": "Well as someone that comes from a rural area where political opinions sway clear left and right regardless of the stereotype that has been created for them. The economic and social plans that are created and supported by people that come from urban backgrounds Do. Not. Work. Out. Here. Don't get me wrong I wish they did but the economy out in the rural areas can not support the plans like rural areas can and thats why is shrinking and dying.  So how else are we supposed to get our option across if it wasn't for the decisions made by the people that founded this country. The majority can rule but he minority will have rights. Take that as you will but I take you as a ration person so you have to know that in urban areas there's more collective opinion.... and if I'm right farming isn't a dying industry.. at least I hope not for your and my sake."}
{"_id": "336615", "title": "", "text": "\"For a long time I did just as you did. I had a car, but I didn't drive it. Even if you NEVER drive a car, it still has a cost. You still have to insure it and you still have to register it.  On top of that a sitting car will have costs. Cars are not built to sit.  I found it to be much cheaper to take a \"\"taxi\"\" then to own a car. Eventually I got rid of my car, and we (my wife and I) just rented any time we needed to go somewhere long distance.  Very recently we purchased a car and kids change things, and we want kids. SO better to do this costly move now (in our minds). But still if we travel outside of town, we still rent.  A car is, usually, not good at constant \"\"long drives\"\" as the maintenance costs get high, and they are, usually, not good at \"\"no driving\"\" as they are not built to sit still. They are best used, usually, for shorter, in town, or \"\"next town over\"\" style driving.  Keep in mind I am in the USA so \"\"long and short\"\" drives have a different meaning. A 200 mile trip is about the line we draw before we just rent. But that's our preference. Some of which is because we would prefer to take the train and rent there then drive the entire trip.\""}
{"_id": "336618", "title": "", "text": "If I understand what you're asking, I think you're looking at the relationship wrong.  Yes, when one currency has a higher interest rate relative to another, it's value should, theoretically, appreciate.  For example, if the USD interest rate is 10% and the EUR is 5%, the USD should appreciate in value against the EUR.  However, the parity relationship tells you the price at which an investor would be indifferent to the difference in interest rates.  So using the formula for interest rate parity:  (1+r(USD))/(1+r(EUR)) = F/S   and plugging in the interest rates from above and a spot rate of $1.5/EUR:  (1.1)/(1.05) = F/(1.5)  The 1 year forward rate would have to be $1.5714/EUR in order for the investor to be INDIFFERENT between holding USD or EUR.  All this assuming interest rate parity holds.  I'm not big on Econ but this is how I understood it when studying for the CFA exam the past few months.  So please, someone correct me if I'm wrong."}
{"_id": "336631", "title": "", "text": "Our Website: http://www.meadowbrookamphitheatre.com/ Amphitheatre is one of the city's most popular outdoor concert venues. There is nothing better than being outdoors in the summer sun and seeing your favorite artists live on the amphitheater stage and the Meadow Brook Amphitheatre offers just that. This one is the go to for many bands and singers alike, set in a beautiful hill side and often with a blue sky above the crowd \u2013 it's easy to see why!"}
{"_id": "336649", "title": "", "text": "I agree that it was poorly implemented, but putting a deeper divide between their DVD business and their streaming business with the idea that the DVD business could be sold or killed when appropriate off was good.  It was poorly handled, yes - bad branding and *too much* divide between the products when even as separate businesses they should still be capable of *talking* to each other."}
{"_id": "336659", "title": "", "text": "Except for the fact that canceling credit cards will hurt your credit, either by increasing your utilization ratio or decreasing the length of your credit lines if you cancel the oldest card, which makes it that much harder to get the good interest rates available on other loans."}
{"_id": "336661", "title": "", "text": "Well, sorry to hear about your struggles! For your question, $15,000 is sadly not enough money to build a career on investing for yourself, if you\u2019re referring to the stock market. Unfortunately you need I believe $25,000 to even have a day trading account, plus the best investors in the world probably net 5-10% which is only tops $2,500 per year!  On the other hand, $15,000 maybe you could use an FHA loan and buy a small condo that you could renovate and flip. FHA lenders only require 3.5% down plus closing costs.  I would need more information on what type of investing you\u2019re referring to."}
{"_id": "336667", "title": "", "text": "\"Nope, its not legal. Easy to explain: If you know something that isn't public known (\"\"inside\"\") it's called insider trading. Hard to prove (impossible), but still illegal. To clarify: If the CEO says it AND its known in public its not illegal. In any case the CEO could face consequences (at least from his company).\""}
{"_id": "336686", "title": "", "text": "\"The interesting thing about an FSA is that you have access to your total annual election immediately.  After electing to put $200 per month toward your FSA, you can go have a $1,500 surgery on January 3rd and pay with your FSA funds.  Then you can leave the company on February 1st, and not owe the company anything. I understand that you don't like that this is the answer, but it is.  The employer is on the hook for the full elected liability of an FSA plan as of the first day of the plan year.  The employer is also paying admin costs that aren't passed to the employees.  You contest that this arrangement could leave current employees picking up the bag for departed employees, but there is no employee liability.  FSA plans run at a net cost the the employer (I'm sure there are outlier exceptions however). I disagree with your premise that  \"\"Employees generally dislike that FSA plans are Use-it-or-Lose-it, and also that there appears to be an obvious alternative that would be preferable [...] The employees that dislike the rules of FSA accounts don't fully understand the nuances and surely assume that FSA is a synonym for HSA.  Tons of employers offer their employees FSA plans and they are very well received.  You can fill full prescriptions off of a debit card on the third day of the year before you've even contributed anything. HSAs are great (I have one), but they require enrollment in a HDHP and you can only spend the funds currently available in your account.  These are two huge limitations addressed by FSA plans.  You can have a $0 deductible platinum plan with a $2,000 out of pocket max and an FSA debit card for virtually tax free healthcare.  The caveat being if you don't use your full FSA election you give it up. In fact, my biggest gripe with the FSA/HSA discussion is that anyone feels the need to claim that \"\"HSA funds don't expire at the end of a plan year\"\" as though it's something other than a personal savings account.  An FSA is a spending account (or arrangement) which is an entirely different animal.  It would be like claiming that IRA funds don't expire, as though they might somehow.\""}
{"_id": "336693", "title": "", "text": "I don't have any recommendations in particular but the cutters from china are getting cheap, I had a look on aliexpress, there are a couple for &lt;$1k and more capable ones sitting between $2-5k. You want at least 40w.  Thanks to the surge of DIY 3d printers, the motion controls can be upgraded to something with a large working body of knowledge to repair/improve them, if you get stuck, it's possible to swap out the electronics. Here's a [blog post](http://3dprintzothar.blogspot.ca/2014/08/40-watt-chinese-co2-laser-upgrade-with.html) I found of someone doing just that."}
{"_id": "336701", "title": "", "text": "\"Doing what you suggest may actually be helpful. Today, you have wealth of 145k and debt of 140k, for net wealth of 5k. Your interest incurred is $671/month and your interest earned is $211, for a total loss of $460/month, just below the 491 $/month you are saving, so your total saving is $31/month currently. However, even though in total, you have more money each month than the month before, you are getting more debt and thus more interest to pay each month. Your interest earned is increasing much slower. That $31/month you are currently able to save? By the time you hit 51, that has become $0/month and is still dropping. By 60? Your debt has overtaken your retirement savings - that $5 net worth you have now is gone. If you were to withdraw money from your retirement to pay off your debt (with the $32k penalties) you would have wealth of 70k and debt of 97k, for a net wealth of -27k (i.e. net debt). Obviously, the above is not good. However, you reduce your monthly interest paid to $465, while also reducing your interest earned to $102. This is a total loss of $365/month, so you are saving $126/month.  Note that in this case, your $491 monthly repayment is higher than the interest you have to pay on the account, this means that each month, your interest payment becomes lower, thus you pay off more and more each month. Your balance would be getting better each month (and at a faster rate each month. Your net wealth would be back in positives and above your wealth on your current trajectory before you hit 62. By 65, you will have $9000 of net wealth if you use your retirement savings now, as opposed to $9000 net debt if you don't. And just adding a few things on to the end 1) This is just the maths of it, and does not take into account your behaviour. If having that debt accruing is helping to motivate you to give up on luxuries, then this analysis does not apply. I am assuming that the $491/month is literally all you can save, and that no matter what changes, you will always deposit that $491. If you do not think you can continue to deposit that $491 if you stop seeing such high interest accruing, then do not do this. 2) I am assuming your interest earned on your IRA is 1.75%. If this is not the case, then please let me know, and I can adjust my numbers accordingly. From http://www.usatoday.com/story/news/politics/2014/01/28/obama-state-of-the-union-myra-savings-plan/4992743/ 3) I'm assuming all numbers you mentioned are accurate, and will stay constant (interest rates may not) 4) This is not professional, financial advice. I am just a person on the internet.  5) This goes without saying (and will probably go down as well as \"\"let them eat cake\"\" did), but saving more money each month will be a more powerful, risk free way to get out of this problem. Work a 2nd job, cut costs however you can. 6) Sorry if you were looking for something more motivational or sugar coated.  7) Best of luck, feel free to ask any questions. Graph below in red is your current trajectory, and blue is if you withdraw from your retirement to pay off your debt.\""}
{"_id": "336722", "title": "", "text": "Your question reminds me of a Will Rogers quote: buy some good stock, and hold it till it goes up, then sell it. If it don\u2019t go up, don\u2019t buy it. There's no way to prevent yourself from buying a stock that goes down.  In fact all stocks go down at some times.  The way to protect your long term investment is to diversify, which increases the chances that you have more stocks that go up than go down.  So many advisors will encourage index funds, which have a low cost (which eats away at returns) and low rick (because of diversification).  If you want to experiment with your criteria that's great, and I wish you luck, but  Note that historically, very few managed funds (meaning funds that actively buy and sell stocks based on some set of criteria) outperform the market over long periods.  So don't be afraid of some of your stocks losing - if you diversify enough, then statistically you should have more winners than losers. It's like playing blackjack.  The goal is not to win every hand. The goal is to have more winning hands than losing hands."}
{"_id": "336725", "title": "", "text": "You owe $10k at 18% and borrow an additional $10k at 0. When you pay back $10k, they are likely to apply it to the zero rate money and you are out 2%. Your question has merit, but as others say, the devil is I'm the details. You should read the fine print.  My credit card checks forbid drawing a check payable to myself. I need to pay another account, in my case easy to 'pay' my HELOC, then draw the funds."}
{"_id": "336742", "title": "", "text": "Hi I have a question about net worth value of rich people on those forbes lists. For example most of those rich people have high net worth because they are shareholders. Do they take into account that if they want to sell all their assets then actually they would receive much less in cash (as the stock price would drastically drop) or is it just the nominal net worth (i.e. the value of all their at the current price)"}
{"_id": "336771", "title": "", "text": "Because the US Energy Information Administration at the time was run by the Bush Administration, which loved fossil fuels but hated renewables, so they predicted that coal and oil demand would soar while renewables would stall.  They also predicted that overall energy demand would rise (so we must dig more coal!) yet it actually fell due to efficiency improvements.  One suspects they knew all their forecasts were complete crap."}
{"_id": "336772", "title": "", "text": "\"Look, we don't have to agree but the US has the most advanced military in the world, one of the most stable societies, and an amazingly innovative economy. Why do you think \"\"investors\"\" are still buying US debt with such low rates? People don't buy US debt as an investment but as a preservation tool. These people have such large amounts of money that they give it to us knowing they will see it back. The US controls the printing press of the world's most important currency. The US has such an upper hand in this world. Can you provide me with any good arguments for your position?\""}
{"_id": "336792", "title": "", "text": "\"Its called a \"\"Grace Period\"\" and you are not paying interest on the 0% BT, you are paying interest on the amount you spent in purchases If you do not pay your balance in full by the due date your grace period ends. This means that you have to pay interest on the purchased amount from the day it is made. This is why when you do a balance transfer the card should be put in the Sock Drawer until the BT is paid off. In order to restore the grace period you must pay the balance in full and the grace period will start during the Next Payment Cycle. Lets Assume: Statement cuts on the 1st and Due date is the 20th. you make the minimum payment of $10 Balance now is $100 Since you have a balance of $100 from the previous statement and a new purchase of $50.00, when the next statement cuts you will have to pay interest according to the terms on the $50.00 portion. In order to get the grace period back you will have to pay in full and wait for the next cycle In case I did not explain it well here is a quote from creditcards dot com website: The cost of carrying a balance   This is because carrying a balance of   any size into the next billing cycle means there is no grace period on   your purchases during that cycle. The card company will begin charging   interest on your purchases the day you make them. So leaving even $1   in unpaid balance on your card will cost you considerably more than   the measly finance charges on that dollar. To see how this works let's consider an imaginary card user named   Sally. She's so happy she got a new credit card that she charges   $1,500 in purchases on the first day of her monthly billing cycle.   After the cycle ends, Sally pays off the entire $1,500 by the due   date, wiping her balance to zero. As a result, her purchases during   the second month are also free of interest. She has used her grace   period wisely to avoid finance charges. What happens if Sally leaves just $1 of her balance from the first   month unpaid? That $1 begins to accrue interest starting the first day   of the billing cycle. It's just $1, so the interest is not a big deal   -- but because she used up her grace period without paying off her entire debt, her new purchases during the second month also start to   get hit with interest charges immediately, starting the day of the   transaction. Assuming she makes another $1,500 in purchases at the   average annual interest rate of about 13 percent, that means $16 in   finance charges for the month. If Sally repeats this pattern, the   interest costs add up to $190 over the course of a year.\""}
{"_id": "336812", "title": "", "text": "That would be pretty terrible, I think.  Pension plans are in enough trouble with not being able to meet the unrealistic targets set for them.  Putting money into direct investment and 'un-diversifying' investments would mean even more pension plans that end up busted."}
{"_id": "336830", "title": "", "text": "\"&gt; Check the \"\"maybe\"\"(s): they are all yours!  [Here](https://www.reddit.com/r/economy/comments/6sb4qh/for_the_last_time_trump_hasnt_made_the_economy/dlk1hax/) is where you first used \"\"maybe\"\" to talk about President's Trump's possible position on Medicare drug negotiation.  [The post right after](https://www.reddit.com/r/economy/comments/6sb4qh/for_the_last_time_trump_hasnt_made_the_economy/dlk99em/) I point out your \"\"maybe\"\" statement is only one of an infinte number of maybes so none of them have value.  Ever since you have claimed that judging President Trump on what he may be doing was my position.  It never was.  &gt; How \"\"instability\"\" will happen because it's tiny bit hotter?  I gave you [a link](https://www.americansecurityproject.org/climate-security/) when I said global warming is a serious risk to the country.  It gives possible scenarios.  &gt; I asked you, again, and again, and again, and again, to give me one ACTION by Trump that you oppose.  [Here is your first request for an example](https://www.reddit.com/r/economy/comments/6sb4qh/for_the_last_time_trump_hasnt_made_the_economy/dlflgm7/): *Tell me of something that Trump did that you do agree to or do not like.*  [Here is the second request to which I responded](https://www.reddit.com/r/economy/comments/6sb4qh/for_the_last_time_trump_hasnt_made_the_economy/dlgw0h6/): *Please find me something significant that Trump did that you don't like.*  Neither one asked for an \"\"action\"\".  &gt; He's a liar, so you won't believe anything he said, anything he does or anything I say about him.  No, it only means I won't accept what he says as true.  &gt; Hillary and the DNC are not liars. So you voted for them.  &gt; Hillary with her handling of e-mail(s), cheating on debate questions, rigging elections against Sanders...  &gt; Hillary is not with her \"\"deplorables\"\" remarks, seeking presidency despite all the scandals and cheating, her \"\"I should be 50 points ahead\"\"  And, once again, your defense for President Trump is complaining about the Democrats.  I think you do this because you secretly know my categories of reasons I do not support our president have validity.  &gt; Darling, already since July the whole media, even Fox, are trying to show the Trump lied, unpresidential, etc. And so far? Anything?  Sure, [here is a list of some of the lies](https://www.nytimes.com/interactive/2017/06/23/opinion/trumps-lies.html).  (I am sure you'll complain about \"\"fake news\"\" even though every lie is sourced and you can look them up for yourself.)  &gt; YOU ARE, how can I say plainly, despite wanting a non-liar, presidential, etc president, you voted for Hillary and the DNC, who are the EPITOMY of liars, cheaters, narcissists, unreliable, criminals, untrustworthy. Do you see how your tribalism make you ridiculous?  I never said who I voted for and I never expressed support for Hillary or the DNC but here you are in bold print telling me I am ridiculous for being on their side.  Look in the mirror if you want to see tribalism.\""}
{"_id": "336834", "title": "", "text": "Regardless of UK Money Laundering Laws - All companies have a responsibility under the Data Protection Act to ensure that all data kept is necessary and accurate - and so they can actually ask you to send up-to-date information* in any time period that they deem reasonable to ensure they are compliant with the act. That being said, most payment systems these days are automated and use algorithms to try and find suspicious activity. Using multiple accounts will definitely be a red flag here, unfortunately, the advice to use your previous account will just be seen as yet another account switch by these algorithms and will probably look even more suspicious. The main thing to remember is that ultimately these acts and regulations are there to protect you and your investment, so unless you have any suspicious that you're being asked for documents by a company or individual that you don't trust I would simply send them on and let them do their job. As a side note - make sure you send anything of that nature in a recorded delivery so that you know exactly who handled it and when! * So long as the information is necessary."}
{"_id": "336843", "title": "", "text": "&gt;While I was reading the piece I thought it was the work of a sophomore, but it turns out this was written by a professor.    I am not getting much from this remark. Sounds like a snarking remark slung at the author. So somophores can't write good articles?   There are lots of mediocre articles out there written by accomplished individuals. It's one thing to critcize the content but it's another to criticize the author."}
{"_id": "336847", "title": "", "text": "our mortgage has been sold to a secondary market player. There are multiple ways in which the deal is struck. At times the risk of default is with Original FI [with recourse], at times it is with secondary FI [without recourse]. The rate can be discounted. So the Original FI collects the EMI as per 3.75 and pays to the secondary FI at 3.25. Or it can also be one time fixed amount. How could this possibly be financially beneficial for the original loan holder? As indicated, there are multiple ways the Original FI makes money, either one time or over the period, depending on how the deal is struck. Are they truly making enough money from the mortgage fees and first payment's interest to to warrant their need to clear up their credit line for new mortgages?   Are mortgages always sold for less than the remaining principal? No broadly speaking the mortgage fees cover the cost for initiating the loan. There may be a very small amount banks may make. This is incidental. The actual money is made in the interest that is collected every month. If a Bank as say 5 loans for 100K each. It is very reputed brand and 10 people need 100K loans. Then it makes sense for the First FI to give loan to 5 people for 100K each, and sell this at profit to secondary FI. Take the 100K * 5 and give it off to new 5 people. Effectively making more money on the original 500K the bank had."}
{"_id": "336869", "title": "", "text": "\"I wouldn't call adderall an outside substance. Anyone can take adderall who has ADHD right? Nobody is \"\"allowed\"\" to take whatever Armstrong took, or is that not right?  I guess older men or people with cancer or HIV, but I never saw those people win races like the kinds Armstrong was able to win.  Oh wait he actually did have cancer, maybe he can say it was part of his \"\"treatment\"\"?\""}
{"_id": "336870", "title": "", "text": "Hey it\u2019s me, your professor. I\u2019m requiring this book that I wrote, you can purchase it through the publisher only and all previous editions are obsolete. It\u2019s only $250. Along with that you\u2019ll have to purchase the online access code to get your homework, it\u2019s $150. Sometimes you\u2019ll enter the correct answer on the site and it will count it wrong, this is not my problem.   Finally, if you have any questions please email me and I\u2019ll be happy to answer them the day after you needed the answer. You can ask me after class, but I\u2019ll just tell you to come during my office hours. On that note, my office hours are by appointment only, email me to schedule one.   Oh, and our class that started 5 minutes ago is cancelled. Hope you check your email religiously or else you\u2019ll be waiting for me to show up! Have a great semester!"}
{"_id": "336873", "title": "", "text": "Mobile mattress is a popular provider of cheap double bed mattresses in Brisbane. We offer a variety of options to our customers ranging from professional mattress removal, delivery service, interest free, warrantee and guarantee, mattress, and commercial services. Please visit our website."}
{"_id": "336908", "title": "", "text": "A credit card can be a long running line of credit that will help to boost your FICO score.  However if you have student loans, a mortgage, or car payments those will work just as well. If you ever get to the point where you don't have any recent lines of credit, this may eventually end up hurting your score, but until then you really don't need any extras."}
{"_id": "336911", "title": "", "text": "I have to agree with Krazy, its not the same thing.  The mouse was not raised for food, he was just walking by.  I live in a very rural area.  I have all sorts of animals through my yard.  From deer to yes, wild turkeys.  I leave them alone.  They are not bothering me.  However, a turkey in a slaughter house is a different story.  More to the point, if I thought I could, the big ass turkey walking through my yard, would be on my dinner table and I wouldnt care if I had to beat it with a stick to kill it.  Its food."}
{"_id": "336917", "title": "", "text": "\"It seems I can make contributions as employee-elective, employer   match, or profit sharing; yet they all end up in the same 401k from my   money since I'm both the employer and employee in this situation. Correct. What does this mean for my allowed limits for each of the 3 types of   contributions? Are all 3 types deductible? \"\"Deductible\"\"? Nothing is deductible. First you need to calculate your \"\"compensation\"\". According to the IRS, it is this: compensation is your \u201cearned income,\u201d which is defined as net earnings   from self-employment after deducting both: So assuming (numbers for example, not real numbers) your business netted $30, and $500 is the SE tax (half). You contributed $17.5 (max) for yourself. Your compensation is thus 30-17.5-0.5=12. Your business can contribute up to 25% of that on your behalf, i.e.: $4K. Total that you can contribute in such a scenario is $21.5K. Whatever is contributed to a regular 401k is deferred, i.e.: excluded from income for the current year and taxed when you withdraw it from 401k (not \"\"deducted\"\" - deferred).\""}
{"_id": "336922", "title": "", "text": "Is it possible to pay off my balance more than once in a payment period in order to increase the amount I can spend in a payment period? Yes, but you should only do that if you expect an expense that is larger than your limit allows. Then, provide an extra payment before your expense occurs since it will take longer for the issuer to apply it to the outstanding balance. For instance, when going on holiday you could deposit additional money to increase your balance temporarily. That said if your goal is to improve your credit score I would recommend using the card, staying within your limit and pay it off every month. The 2 largest factors going into calculating your credit score are: By paying off the balance each month you  After 6-9 months you can probably get a bigger limit, to improve your score. I wouldn't change to a different card or get a second one, as some issuers will run a check on your creditscore that lowers it temporarily. Also: you're entitled to a free credit report each year. I'd recommend asking for one every year so you can keep track on how your credit score improves. It also gives you the opportunity to check for mistakes on your report. Check here for more information: http://www.myfico.com/crediteducation/whatsinyourscore.aspx"}
{"_id": "336925", "title": "", "text": "Your goal should be to withhold enough from your paycheck that you don't owe any taxes at the end of the year on your total married income.  If you owe, that's where you'll run into trouble.  However, there is some caveat about if you withhold more 110% of what you withheld last year or something similar, but I can't find it online."}
{"_id": "336950", "title": "", "text": "The usual, but controversial, answer to this question is a 4% withdrawal rate. This means a net worth of ($5000 * 12 months ) / 4%, i.e., $1,500,000 If you want to play with the numbers, based on historical data, you can use the FIRECalc simulator."}
{"_id": "336953", "title": "", "text": "My use is occasional (like weekends where I get out and overdo it and need help calming aches to sleep) and occasionally recreational.  But I have strict rules about dosing frequency (no more than one weekend a month) to avoid dependency and withdrawal.  OTOH, I had hernia surgery a couple years ago and it was ridiculous the hoops I had to go through to get my post-op stuff.  Doctors are beginning to under-medicate.  I think that might be worse."}
{"_id": "336965", "title": "", "text": "Not OP, but let's see:  My money-market account is showing 0.25% interest rate. My savings account, 0.20%. And checking, 0.22%.  It doesn't matter where I keep my emergency fund and what I keep my checking balance. It's making fuck-all for interest. And I need to keep a couple thousand in there because my mortgage hits for about $1600. And my monthly CC spend averages ~$3500 monthly.   I simply can't keep a couple hundred in there."}
{"_id": "336973", "title": "", "text": "Oh that's so wonderful   I haven't seen anything like that since...1966. When I looked into the heating/AC room for a coliseum where the Beatles were gonna play, and each pipe, each vent, was painted a different bright color. It was like the Room of Roots in Gormenghast where all the roots are painted different colors.   &gt;The bole of the tree they once nourished enters in seven main roots which even down to the minutest rivulet of root, were painted in their own special colours, so that it appeared as though seven coloured boles had forced their leafless branches through the window, yellow, red and green, violet and pale blue, coral pink and orange. The concentration of effort needed for the execution of this work must have been considerable, let alone the almost superhuman difficulties and vexation that must have resulted from the efforts to establish, amoung the labyrinthic entanglements of finer roots, which tendril belonged to which branch, which branch to which limb, which limb to which trunk, for only after discovering its source could its correct colour be applied.  Beautiful. Which technology sometimes can be."}
{"_id": "336998", "title": "", "text": "\"Paying off your house quickly should be a #2-level priority, behind making sure you have some basic savings but definitely ahead of any investing concerns, because your house is not an investment; it's your home.  (If you're brave/foolish enough to try buying houses-as-investments in the current climate, this obviously doesn't apply to you!) This isn't a financial matter so much as an issue of basic prudence.  If something disastrous happens, (you lose your job, get in a serious car accident, your kid comes down with cancer, etc,) it will put tremendous strain on your financial resources.  If you own your home outright when this happens, it means that no matter what else might go wrong, you can't get foreclosed on and end up out on the streets, and that's worth more than any rate of return you can reasonably expect to find even in the best of times. It's a well-known investing maxim to \"\"never bet anything that you can't afford to lose.\"\"  In light of that, consider this: if you have a mortgage that is not paid off, that's exactly what you're doing.  You are placing a bet against a bank that you'll remain solvent long enough to pay off the mortgage, and your home is the wager.  Mortgages may be a necessary evil with housing prices being what they are, but make no mistake, they are evil.  Get rid of yours as quickly as you can.\""}
{"_id": "337001", "title": "", "text": "Besides that statement not being correct, it was very suprising to me to learn that despite the terrible news yesterday and huge hit to the stock price--- they've been much much worse off about 10 years ago and recovered from it.  We'll see how far the rabbit hole goes down for them, but the simple fact is they have been close to death and pulled themselves back up."}
{"_id": "337005", "title": "", "text": "Buying a house can definitely make your net worth go down because there are expenses involved (interest expense, closing costs, taxes, maintenance, etc.). So unless the house appreciates in value enough to offset these things, you will see a drop in your net worth from buying a house. More specifically it can have a negative impact on your net worth, since changes in your net worth are the cumulative result of all your inflows and outflows of money."}
{"_id": "337014", "title": "", "text": "\"Pension- and many \"\"low-risk\"\" investment funds may only invest in AAA-rated stocks and bonds.  While the S&P rating alone doesn't imply that such funds must immediately disinvest in US bonds (Fitch and Moody's are holding), it does create the risk that the other rating agencies will follow suite and also lower the US rating. As the largest issuer of bonds, controller of the world's reserve currency, and with many emerging markets placing almost all their current account surpluses in US bonds, this risk change has implications everywhere. Some companies will already start disinvestment while some investors will start demanding higher interest returns in order to buy US bonds.  It isn't yet a stampede, but the gates are now open. That said, S&P is simply reflecting the opinions of bond traders. Markets were already unstable long before the downrating.  However, from the US perspective, it is a timely reminder to politicians that the global balance is shifting and that the US cannot count on incumbency to protect it from the disapproval of financial analysts.\""}
{"_id": "337049", "title": "", "text": "Say I am an employee of Facebook and I will be able to sell stares at enough of a profit to pay of my mortgage and have enough money left to cover my living costs for many years. I also believe that there is a 95% chance that the stock price will go up in the next few years. Do I take a 5% risk, when I can transform my life without taking any risk?   (The USA tax system as explained by JoeTaxpayer increases the risk.)  So you have a person being very logical and selling stocks that they believe will go up in value by more than any other investment they could have.   It is called risk control. (Lot of people will know the above; therefore some people will delay buying stock until Lock Up expiration day hoping the price will be lower on that day.   So the price may not go down.)"}
{"_id": "337056", "title": "", "text": "About Us Springhill Group Counselling aims to educate the public about counselling and psychotherapy, and through the provision of information seeks to facilitate the process for clients before and during therapy. We are happy to discuss any queries or concerns which you may have about therapy or the process. Please contact us via email at info@springhillgroupcounselling.com"}
{"_id": "337057", "title": "", "text": "Well put and, honestly, seemingly unavoidable. It will be crazy if it truly does come to fruition if they (Fed/Treasury/Gummit) realize that they cannot inflate their way out of this by printing more money and all of the nay-sayers of massive deflation get proven wrong.   So, the better question is this: we believe/know it's coming, so how do we prepare and strategically place ourselves to survive/profit/prosper from the coming collapse?  As I see it, RE is a crap investment for the foreseeable future as oversupply and oversize are not absorbed. People have to live, so rentals will be key; but, they have already bloomed quite a bit.   Stocks will likely trade sideways for awhile before likely tanking as the forced/willing withdrawals start happening from the Boomers. So, keeping it in stocks doesn't sound overly positive, unless a fairly aggressive put strategy is enforced.   Bonds are paying crap and, after taxes, barely pacing inflation.   For me personally and selfishly, I have 20 years minimum for retirement, so I'm fine qith the market trending sideways or down. It means that I'm getting more bang for my DCA buck and, 20+ years from now, I will be well positioned when the market eventually cycles back up.   But, for now, where do we put our investments to protect and, hopefully, grow them as the mid term passes?"}
{"_id": "337063", "title": "", "text": "I did not know that. I guess they would have to do it that way. So I could potentially convince one of my current profs to take me on as a PhD student? I know one isn't supposed to stay at the same school they did their undergrad at, but it would be easier this way and I really like the finance faculty at my school.  I really haven't had courses in those. The econ program I'm doing is in the business school, so other than what calc we do in our classes and the one required calculus class, I don't have much experience. The econ program is pretty poor at my school as well, in my humble opinion (I think the finance program is pretty great though). I understand that I'm incredibly deficient on math as far as quants go. I just ordered a book on stochastic calculus that I'm going to read and see if I like it or hate it."}
{"_id": "337071", "title": "", "text": "I wound up asking Mint over email so I'll share the answer I received: Thank you for contacting Mint.com.  From my understand you want to know if Mint can transfer data to other   Intuit products and vice versa. Let me address your concern based from   what I can see on my tools. Upon confirming, while Mint and other Intuit products are under the   same company, Mint.com is not yet integrated to other Intuit products.   We\u2019d like to thank you though for giving the idea to us. With this, we   would know which future enhancements will our customers appreciate. We have forwarded your request/suggestion to our Product and   Development team for their review. At this time though, we can't make   any guarantee that your request/suggestion will get implemented as we   must balance customer demand with resources and business objectives. Oops..."}
{"_id": "337074", "title": "", "text": "They are decently distributed in my area(Chicago suburbs). I can't recall the last good experience with their food or service but I can recall several terrible experiences. I can resent McD's all I want but I still go every week for a  #1 or 2 meal because of value and their burgers are at the very least consistently ok."}
{"_id": "337075", "title": "", "text": "Anyone who joins Local IM University now as part of the early bird group will get advantages and bonuses that will rock your local internet marketing and business world, because I appreciate your support so much and loyalty that you will reap big rewards!"}
{"_id": "337079", "title": "", "text": "For example: Dinner together: DR Food          50 DR Spouse        50 CR Credit Card       100"}
{"_id": "337083", "title": "", "text": "Ok so this is the best information I could get!  It is a guarantee from a financial institution that payment will be made for items or services once certain requirements are met.  Let me know if this helps!  I'll try to get more info in the meantime."}
{"_id": "337097", "title": "", "text": "\"Selling an asset is not earning income. You are basically moving value from one asset (the laptop) to another (your bank account.) So you reduce the equity that is \"\"value of all my electronics\"\" and you increase the asset that is your bank account. In your case, you never entered the laptop in some category called \"\"value of all my electronics\"\" so you don't have that to make a double-entry against. The temptation is high to call it income as a result. Depending on the reason for all this double-entry book-keeping for personal finances, that may be fine. Or, you can create a category for balancing and use that, and realize the (negative) value of that account doesn't mean much.\""}
{"_id": "337099", "title": "", "text": "&gt; But, banks won't allow it.  It's not just banks - the Republican party seems to have had it in for the US Postal Service for the past decade.  Possibly because it's seen as trustworthy and effective, so they want to make it worse so people won't have things like that associated with government.  In 2006 at the height of their majorities in Congress they managed to pass that bill that forces the USPS to lose money rapidly, and has been forcing it to lay off people and close post offices and chip away at how convenient and effective it is.  But, postal banking could turn that around.  With it the USPS might bring in some income to balance out the expenses of that 2006 legislation.  People might even object more to post offices closing, or try to reopen them.  It would undermine a major part of Republican policy."}
{"_id": "337121", "title": "", "text": "&gt;I'm an athiest. Why wouldn't I hire an athiest first given that I work in such close proximity with my employees and is much more like a family or a close group of friends?  Mainly because it's illegal.  That being said, if you don't make it blatantly obvious that that's what you're doing, you likely won't get in trouble."}
{"_id": "337133", "title": "", "text": "\"It is possible to make a REST API call providing the ISIN to get the ticker in the response:  Python code for getting ticker for ISIN=US4592001014:  import requests  url = 'https://api.openfigi.com/v1/mapping'  headers = {'Content-Type':'text/json', 'X-OPENFIGI-APIKEY':'myKey' }  payload = '[ {\"\"idType\"\":\"\"ID_ISIN\"\",\"\"idValue\"\":\"\"US4592001014\"\"}]'   r = requests.post(url, data=payload, headers=headers)\""}
{"_id": "337135", "title": "", "text": "Sort of unrelated to the main post here, but I've been hoping to buy a few shares that would motivate me to follow the market and get a bit of hands on experience to better understand it all.  What trading program would you recommend for a few simple trades like that?  Thanks!"}
{"_id": "337142", "title": "", "text": "I let someone else pick and chose which junk bonds to buy and which to sell. So instead of holding individual bonds in my portfolio I hold an ETF that is managed by a man with a PHD and which buys junk bonds.   I get a yearly 15.5% ROI, paid monthly.  Buy and hold and you can get a good return for the rest of your life. It is only speculation when you sell."}
{"_id": "337152", "title": "", "text": "I am on my cellphone so it's a bit hard to flesh out, but the thought of these cities is that drawing Amazon will naturally draw other companies in, as opposed to being appealing to many companies but not appealing enough for a headquarter move (assuming favorable conditions are not infinite).    So for example, If there is an Amazon HQ, there can soon be a Google or FB base nearby as well (think Bank of America and Wells Fargo in Charlotte) and the natural attraction these pose for peripheral/symbiotic firms.  But if there is just a small Google and FB and Amazon office, you may not expect there to be as large of an appeal to other companies to move in (Starbucks, Car2Go, Lyft)."}
{"_id": "337154", "title": "", "text": "it's sort of a sad instance of old people abuse but technically within the law in a lot of cases so no way to really stop it. but you might hope a business that was subsisting on that kind of thing might become so disgusted with itself it would reform. i mean hope, not expect."}
{"_id": "337159", "title": "", "text": "\"Op-ed by a guy who just waived off interest on the current debt with \"\"congress can just make more debt to offset the interest on the other debt\"\". Having a deficit isn't always bad but we haven't reduced the deficit in 20 years and it's only increasing exponentially.\""}
{"_id": "337165", "title": "", "text": "how can I keep my website running for posterity after I die?   If this is the real problem, incorporate a non-profit corporation or have a lawyer set up a foundation.  Those will survive after your death and their bank accounts with them.   You might even find someone willing to do this for you.  It sounds like a neat business.  Collect the ad revenue, charge a fee, pay the web hosting.  Heck, this is a decent deal for a web host.  Provide the web hosting; collect the ad revenue."}
{"_id": "337186", "title": "", "text": "I am going to speak in general, as this has also been the case in europe.  First of all QE is an increase of money supply but using non conventional measures(there might be exceptions) some examples of this measures are changing interest rates or TLTRO.  As to why this hasnt transitioned into more inflation, which in the end has but years after, has been a question that people have asked a lot. One of the reasons for this is the transmission mechanism not working properly, which implies that despite the fact banks have received money, they havent been able to move it to the real economy hence not increasing prices."}
{"_id": "337225", "title": "", "text": "I'm not sure i understand the strategy of going upmarket so fast. If this is right it will be a 25% increase which is a lot. Apple isn't hurting for profits and most of their growth is in services, which depend on a large install base.  Premium is fine, but going luxury seems counter-productive."}
{"_id": "337236", "title": "", "text": "You've really shown your ignorance with this comment in more ways than I could count. A person's salary doesn't really have that much to do with supply and demand. In a capitalist economy, it's all about who generates additional capital for shareholders (whether private or public) and not much else."}
{"_id": "337240", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [How BitClave will Radically Transform Search Engines](https://www.reddit.com/r/talkbusiness/comments/79uv9q/how_bitclave_will_radically_transform_search/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "337243", "title": "", "text": "\"Definitely look at CEF.   They have tax advantages over GLD and SLV, and have been around for 50 years, and are a Canadian company.  They hold their gold in 5 distributed vaults. Apparently tax advantage comes because with GLD, if you supposedly approach them with enough money, you can take out a \"\"bar of gold\"\".  Just one problem (well, perhaps more): a bar of gold is an enormous sum of money (and as such not very liquid), and apparently gold bars have special certifications and tracking, which one would mess up if one took it to there personal collection, costing additional sums to re-certify. many, many articles on the web claiming that the gold GLD has is highly leveraged, is held by someone else, and tons of other things that makes GLD seem semi-dubious. I've used CEF for years, talked to them quite a few times; to me, and short of having it my possession, they seem the best /safest / easiest alternative, and are highly liquid/low spread betwen bid and ask. The do also have a pure gold \"\"stock\"\" and a pure silver \"\"stock\"\", but these often trade at higher premiums.  CEF's premium varies between -2% and +4%.   I.e. sometimes it trades at a premium to the gold and silver it holds, sometimes at a discount.  Note that CEF generally shoots to have a 50/50 ratio of gold / silver holdings in their possession/vaults, but this ratio has increased to be heavier gold weighted than silver, as silver has not performed quite as well lately.  You can go to their web-site and see exactly what they have, e.g. their NAV page:  http://www.centralfund.com/Nav%20Form.htm\""}
{"_id": "337260", "title": "", "text": "Well I think I can do it in less time. If I graduate with 3 passed, I can probably be done by 28 and I'm 21 now. A heart surgeon would still be in residency at this time.   I'm already so stressed and pressured by these exams, I'm actually going to get my blood pressure checked at Walmart today. I'm not sure I can do it.   I want to run for mayor one day or something. To do that I need to start doing things- big things. I can't get into the prestigious schools so I feel this is the next best thing, even if I don't find it interesting and find the work boring.  ...."}
{"_id": "337278", "title": "", "text": "Blue Angel Resort is all about de-stressing from your usual busy routine.  Do you long for a holiday where you could just slow down and breathe and you didn\u2019t have to feel guilty about it?   Cozumel diving, Cozumel vacation, dive packages"}
{"_id": "337281", "title": "", "text": "Well, if someone who owes me money defaults, I lose the money he promised to pay me.    To me that would be a huge moral obstacle for declaring myself bankrupt.  I was raised in believing that you keep your promises."}
{"_id": "337286", "title": "", "text": "\"We\u2019re buying the home right over $200,000 so that means he will only need to put down (as a \u2018gift\u2019) roughly $7000. I'm with the others, don't call this a gift unless it is a gift.   I'd have him check with the bank that previously refused him a mortgage if putting both of you on a mortgage would allay their concerns.  Your cash flow would be paying the mortgage payment and if you failed to do so, then they could fall back on his.  That may make more sense to them, even if they would deny each of you a loan on your own.  This works for them because either of you is responsible for the whole loan.  It works for him because he was already willing to be responsible for the whole loan.  And your alternative plan makes you responsible for the whole loan, so this is just as good for you.   At what percentage would you suggest splitting ownership and future expenses? Typically a cash/financing partnership would be 50/50, but since it\u2019s only a 3.5% down-payment instead of 20% is that still fair? Surprisingly enough, a 3.5% down-payment that accumulates is about half the equity of a 20% down-payment.  So your suggestion of a 25%-75% split makes sense if 20% would give a 50%-50% split.   I expected it to be considerably lower.  The way that I calculated it was to have his share increase by his equity share of the \"\"rent\"\" which I set to the principal plus interest payment for a thirty year loan.  With a 20% down-payment, this would give him 84% equity.  With 3.5%, about 40% equity.  I'm not sure why 84% equity should be the equivalent of a 50% share, but it may be a side effect of other expenses.  Perhaps taking property taxes out would reduce the equity share.   Note that if you increase the down-payment to 20%, your mortgage payment will drop substantially.  The difference in interest between 3.5% and 20% equity is a couple hundred dollars.  Also, you'll be able to eliminate any PMI payment at 20%.   It could be argued that if he pays a third of the monthly mortgage payment, that that would give him the same 50% equity stake on a 3.5% down-payment as he would get with a 20% down-payment.  The problem there is that then he is effectively subsidizing your monthly payment.  If he were to stop doing that for some reason, you'd have what is effectively a 50% increase in your rent.  It would be safer for you to handle the monthly payment while he handles the down-payment.   If you couldn't pay the mortgage, it sounds like he is in a position to buy out your equity, rent the property, and take over the mortgage payment.  If he stopped being able to pay his third of the mortgage, it's not evident that you'd be able to pick up the slack from him much less buy him out.  And it's unlikely that you'd find someone else willing to replace him under those terms.  But your brother could construct things such that in the face of tragedy, you'd inherit his equity in the house.  If you're making the entire mortgage payment, that's a stable situation.   He's not at risk because he could take over the mortgage if necessary.  You're not at risk because you inherit his equity share and can afford the monthly payment.  So even in the face of tragedy, things can go on.  And that's important, as otherwise you could lose your equity in the house.\""}
{"_id": "337296", "title": "", "text": "Is it a tube television, digital, analog, what?  Tube televisions are no longer made in (or imported to) the U.S., and if it's an analog set then it would require a digital converter just for anyone to use it for watching broadcast signals, since analog television signals are gone and have been replaced by DTV.  That makes all the difference in the world as far as valuation.  If it doesn't have resale value to begin with then I doubt you can put a real value on it for donation purposes."}
{"_id": "337302", "title": "", "text": "&gt;It's not unlike Arthur Andersen. Once your name is tarnished in that kind of an industry, there's not really a road back.  I don't know. Arthur Anderson had multiple accounting scandals before Enron. The waste management scandal. I think companies like Enron wanted Anderson because they were willing to bend the rules and operate in the gray area. The thing that killed Arthur Anderson was not their sketchy auditing. It was their dipshit lawyer that went on a shredding Bonanza when it became clear that Enron would go down. A case of the coverup being worse than the crime."}
{"_id": "337305", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.brookings.edu/blog/the-avenue/2017/08/03/u-s-immigration-levels-continue-to-fuel-most-community-demographic-gains/) reduced by 95%. (I'm a bot) ***** &gt; The spread of immigration to more parts of the country, coupled with a renewed domestic migration from the Snow Belt to the Sun Belt, has given immigration a bigger role in contributing to migration gains or reduced losses among the 100 largest metropolitan areas.  &gt; Among these 47 areas, 19 showed overall migration gains because their immigration activity exceeded their domestic migration losses.  &gt; There are 12 areas that experienced both immigration and domestic migration gains but where immigration dominates.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s3n0o/us_immigration_levels_continue_to_fuel_most/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~184962 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **areas**^#1 **domestic**^#2 **migration**^#3 **immigration**^#4 **immigrant**^#5\""}
{"_id": "337341", "title": "", "text": "I recommend investing in precious metals like gold, considering the economic cycle we're in now. Government bonds are subject to possible default and government money historically tends to crumble in value, whereas gold and the metals tend to rise in value with the commodies. Stocks tend to do well, but right now most of them are a bit overvalued and they're very closely tied to overvalued currencies and unstable governments with lots of debt. I would stick to gold right now, if you're planning on investing for more than a month or so."}
{"_id": "337346", "title": "", "text": "don't panic yet, you never know what will come out of it. plus it sounds like it's your first interview. Most people don't land a job on their first interview. also get some confidence in yourself, you are already a head of the curve! you have your own business at a young age with a marketable skill set (assuming you actually have the skills). You'll be fine in the long run. success is just the result of learning from a long string of failures."}
{"_id": "337352", "title": "", "text": "&gt; Because the cost [in the past] was still going to keep most people out of university.  Trust me: anyone with excellent grades got in the university for free or almost for free back then. And if they had to take a loan, I doubt it, the costs of universities was much much less than today. No major debt.  &gt; Finishing high school was never as hard as you suggest and didn't guarantee you any sort of job  There is no way, no way, that today's high school kids can pass math and English tests from 20, 30 or before that. No way!!!!  &gt; Overall high school graduation rates in 1968 were 5% lower than they were in 2004.  Because there was discipline in 1968 and if you graduated, you really got education, discipline, manners, focus and the desire to work hard to get results.  Do you really believe that today's high schoolers will survive a 1968 high school? Yes or no?  **Do you doubt what I said that 30+ years ago you did not need a BA degree to get a job as a teller in the bank?**  In 1968, a warehouse worker could support a large family with the wife being a homemaker. Try it today. Am I right?  In 1968, with a BA degree, with almost no exception, you are guaranteed a very well paying job and excellent career prospects. Am I right?"}
{"_id": "337390", "title": "", "text": "Markets are rational in the long term. Actors act rationally given the knowledge they have. They don't have perfect knowledge - meaning they're prone to make mistakes. However, in the LONG run, every would be a equilibrium.   Facebook stock is clearly over valued and the market is adjusting to the real price. Nothing spectacular going on there."}
{"_id": "337406", "title": "", "text": "When I went to the Audi dealer to talk to them about the A4, the guy was surprised. He said that most people in the US would rather have an SUV than a sport or performance wagon.   He totally got where I was coming from when I said an SUV wouldn't perform like an A4.   The A4 is a wonderful machine, but it's a bit out of my price range at the moment. If the Buick turns out to be crap, I'll save for a few years and get a proper performance wagon."}
{"_id": "337417", "title": "", "text": "There is a trade-off. It can be worthwhile because you save those extra trips. (On the other hand, don't you need to go shopping all the time for perishable items anyway?) On the other hand, having those items on stock implies inventory costs (the space they take up might be limited, the money they represent is sleeping and cannot be put to other usage, some of them might break...). This trade-off gives you the economic order quantity. Your stock levels over time based on that would look like a saw-blade. In addition, you might want to keep a safety stock for emergencies (if you use them faster than expected, if there is a supply shortage...)."}
{"_id": "337435", "title": "", "text": "Not sure, as there's not a lot of info about projections in article, but this seems off. Report from Bloomberg is saying analysts revised down to around $49.0 billion.   [Bloomberg Report](https://ww.bloomberg.com/news/articles/2017-09-10/hurricane-irma-smashes-ashore-in-florida-as-category-4-storm)   Edit: the $49 billion figure is the revised estimate for Irma"}
{"_id": "337443", "title": "", "text": "\"The key to this is budgeting. Without a budget, you don't know what you are spending your money on.  Let's say you would like to go to a movie with a friend.  Can you afford it?  Without a budget, it is difficult to answer this question.  Yes, you have enough money in your wallet, but if you don't go to the movies, you could be saving that money for a house.  \"\"But,\"\" you might say to yourself, \"\"surely one movie with my friend won't prevent me from saving my $10k for my house.\"\"  And you might be right, but when you add up all the movies, coffees, and other discretionary spending up, it very well could.   At this point, you might be discouraged.  \"\"Do I seriously need to give up every single extravagance to make this work?  I don't have that kind of willpower!\"\"  Luckily, here is where budgeting comes to the rescue. Budgeting is simply a plan for your money.  You have some monthly expenses that are more or less fixed: your rent, your utility bills, etc.  You have other expenses that are not exactly fixed, but are still necessary: groceries, fuel for your car, etc.  You also have longer-range expenses, such as insurance premiums that you only pay once or twice a year, but need to be accounted for.  List all of these expenses, and figure out how much that comes to each month.  What you have left over is available to you for other things. Next, you need to figure out how fast you want to save for this house, and balance that with the other things you might want to spend money on, such as entertainment.  If you start from $0 and want to save $10k, you could do it by saving $100 a month: in a little over 8 years, you'll have your $10k.  If you can increase this to $300 a month, you'll be there in less than 3 years. Now that you have a plan and everything is accounted for, very little willpower is needed.  You don't need to feel guilty every time you buy coffee; if the money is there in your coffee/snacks budget, go for it.  If you've got extra money for the month in your entertainment budget, take a date to the movies.  Your budget allows you to spend on those things, because you have a plan in place, and are not in danger of spending your rent money or your home savings. This can all be done on paper, in Excel, or even by placing cash in different envelopes.  However, it is easier to use budgeting software, such as YNAB, Mvelopes, or EveryDollar.\""}
{"_id": "337449", "title": "", "text": "\"Ok. Since you can't give even one simple example, then I will stick to my point that you don't need a whole semester course about \"\"diversity\"\".  Since you study business, probably your marketing class should and would teach you \"\"engaging diverse collegues and customers.\"\"\""}
{"_id": "337456", "title": "", "text": "I get a subscription to WSJ through work and I use it everyday.  What is the price of the subscription though?  I find it useful and Barrons has a lot regarding business and the stock market.  A lot of professionals have subscriptions to the WSJ.  I prefer the WSJ over other services and I really like the market data they provide."}
{"_id": "337461", "title": "", "text": "Do you want to retire?  If so, when?  How long do you expect to live?  How much per month in today's dollars do you want to have at your disposal when you reach that age? Once you've answered those questions, then you'll be in a better position to say whether you should be disappointed or not.  But the fact that you don't know indicates that you haven't looked into these questions yet."}
{"_id": "337486", "title": "", "text": "Why is the regulatory environment now more uncertain than any time in the past?  It isn't.  Companies are keeping large cash reserves because there is no DEMAND for their products.  If people wanted to buy, the companies would be making and selling."}
{"_id": "337488", "title": "", "text": "He is the absolute outlier there, then. Investment banks like Goldman are notorious for everyone who works there putting in 100+ hour weeks. That work may not all be intellectually challenging, but I don't know what your friend expected from an entry level role. They're not going to be entrusting an entry level trading analyst to be doing anything important at all. Your friend probably made slide decks for 80-120 hours a week. Not intellectually challenging at that level, but physically brutal. An intern literally died a few years ago from being overworked.   The intellectual challenge likely does not come until you reach a higher rung in the company, which I guarantee he did not do in 2 years. But ask him about the hours he put in at Goldman."}
{"_id": "337491", "title": "", "text": "&gt; Why is it so hard for people to shed their partisan blindfolds and embrace this simple fact: if you pay the middle class and the poor less, there will be less internal demand. It's basic economics, basic arithmetic really.  Since when long-term thinking overrides short-term profits?  You must be a communist!!!"}
{"_id": "337511", "title": "", "text": "\"\"\" a C19th disease\"\"  - no, it isnt, it;s here and now just like a million and one other diseases - yeah, it's shit, sure we could do more to address it (though tbqh as a % demographic it's not THAT bad compared to plenty of other diseases), but stop appealing to the past 'The Guardian' to make things seem worse.\""}
{"_id": "337526", "title": "", "text": "Most cooperative banks are insured upto Rs 1,00,000/- .  It depends on what is the current status of the Bank and withdrawal of the funds would be based on the decision taken by the administrator. There maybe no interest payable, it would again be decided by the administrator."}
{"_id": "337540", "title": "", "text": "Like a lot of people have said you get what you put in. If you want a 9-5 you can have that but the pay reflects it. I took a job just over a year ago, the money was good but the hours were tough. My longest shift was 27 hours, it formed part of a 64 hour Friday morning to Monday morning weekend.  But the long hours and the dedication I showed meant that I could turn down a 34% pay rise 6 months in and negotiate for 43%. That project finished, I'm down to a 45 hour week and I've still got the pay. You just have to work out if it'll get better down the line or if it won't how long you can handle it"}
{"_id": "337561", "title": "", "text": "\"The only time to stop saving money for retirement is when you have enough money to retire tomorrow. Not all of your \"\"retirement savings\"\" need to be in a 401k, it is just better if you can. Be sure to get as much as you can from the employer matching program.  Unfortunately some employer matching programs discourage you from putting in too much.  I've been able to max out the 401k contribution a number of times, which helps. Remember:  you are likely to live to 100, so you better save enough to live that long.  I don't trust social security to be there.  I recommend saving so that you end up with \"\"enough to be comfortable\"\" -- this is usually about 25x your current income - PLUS inflation between now and when you plan to retire (age 62 is a good target). It is worth knowing your \"\"retirement savings number\"\".   If you are making $100K per year now, you need to target $2.5M - PLUS allowance for inflation between now and when you plan to retire. This usually means you need to also arrange to make more money as well as save as much as you can and to use passive investing.  Finance advisors are not worth it if you have less than $1M to invest.\""}
{"_id": "337567", "title": "", "text": "I brought my car in to sears auto because the oil light came on after they had put in a new oil pressure sensor a month earlier. I assumed it was faulty so I brought it up. They checked it out after taking their sweet time about it and gave me a bullshit diagnosis. Ultimately I had to tell them exactly what to do to fix it, which they had to bring in a manager to give them the okay for, and I was right. Also, it took 6 hours when it should have taken 1 or 2 for the part to come in and install (not a busy day by any means either). I stood by them to make sure they did it properly because they had two 16 or 18 year old kids working on it.   Another time I went in to buy an impact driver and a few other tools. No one came up to ask if I needed help, and when I brought everything to the register, there was a line of 10 people and 1 cashier. It was a saturday afternoon, so traditionally a busy day.  Sears is a disappointment and I wouldn't mind if they close the one by me."}
{"_id": "337604", "title": "", "text": "Are we nuts?  Seems to me we should not be exporting until we become self sufficient.  I'm sure the oil companies are making more money by doing this.  Our government probably considers this as foreign aid.  They have always given away what we should be doing for Americans first!"}
{"_id": "337638", "title": "", "text": "Fluids, tires, spark plugs, bulbs, fuses, belts, and so on.   If anything breaks on my car I can find a million places with spare parts, can get then overnighted or picked up. No problem. If I have a mechanical issue I can bring it into just about any mechanic and they can fix it. Not really something you can say about any Tesla vehicle"}
{"_id": "337647", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-18/amazon-said-to-plan-cuts-to-shed-whole-foods-pricey-image) reduced by 73%. (I'm a bot) ***** &gt; When Amazon.com Inc. completes its acquisition of Whole Foods Market Inc., Chief Executive Officer Jeff Bezos will try to keep the grocer&amp;#039;s reputation for premium fresh foods while cutting prices to shed its &amp;quot;Whole Paycheck&amp;quot; image.  &gt; Amazon expects to reduce headcount and change inventory to lower prices and make Whole Foods competitive with Wal-Mart Stores Inc. and other big-box retailers, according to a person with knowledge of the company&amp;#039;s grocery plans.  &gt; Drew Herdener, an Amazon spokesman, said in a statement the company has &amp;quot;No plans to use no-checkout technology to automate the jobs of cashiers at Whole Foods and no job reductions are planned.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6i5csb/amazon_said_to_plan_cuts_to_shed_whole_foods/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147672 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **food**^#1 **Amazon**^#2 **Whole**^#3 **price**^#4 **plans**^#5\""}
{"_id": "337669", "title": "", "text": "\"Couple of things to make sure you have going for you since you are not at a target school are as follows:  1. Make sure your GPA is amazing and if it isn't make sure you are in 3-4 professional organizations (not just join them, get involved).  2. Make sure you know technicals and how to talk about them, VERY IMPORTANT  3. Start applying to internships at all of the banks, Big 4 Accounting, PE, fund account firms in the city (there are many). You have to get an internship this year and next year, the more the better. get summer/fall/spring internships.  4. Network with any and every person you know in IB, working in M&amp;A, working for IB shops, working for PE shops, other finance alumni.  5. Do more networking, find out if there are any networking events, conferences, meet and greets, charity events, NFP events (there are a lot, just need to find them). Don't bombard people with the \"\"I'm at DePaul in Finance and want to be in IB.\"\" story line, perfect/hone/practice/perfect your elevator pitch. Remember, you don't need to tell why you need a job, you need to tell them why they need you to make money.  6. Find some industries that might interest you (and are valuable) and learn them. Learn the technicals to solar energy or some emerging markets.  PS: I know you want to make a shit ton of money, but you'll fail in IB if that is all you want to do because the guys that get these roles love the job because of the chase and the deal. They fundamentally understand the markets they work in on another level, they make themselves valuable to the firm they work for. I think you should dive into what IB is first.\""}
{"_id": "337673", "title": "", "text": "To build a $100M business, you need to become a 0,1% of Airbnb size and wait until it grows by ~3 times (assuming its $31 valuation) or goes down. And you will go down together. To much risky be any platform dependent, huh?"}
{"_id": "337674", "title": "", "text": "Where in Central PA? I frequently take a bus to visit East Coast cities but it is usually a local Susquehanna Trailways coach. They rarely do trips to Pittsburgh or Philadelphia so I still need to drive to those cities. I would like to see Megabus make a stop in my city."}
{"_id": "337683", "title": "", "text": "\"This is why I don't care about \"\"sales\"\" and \"\"sale price.\"\"  My thought process goes \"\"Compared to everything else I've seen is this a good price?\"\"   for example, a super high quality leather jacket could go for $3-400+ if the sale price on a similar leather jacket of similar quality is $50 I consider that a good price.\""}
{"_id": "337706", "title": "", "text": "In most cases the rent paid by the company would be include as part of your salary for tax purposes, so your income would still be seen as $5000 per month."}
{"_id": "337713", "title": "", "text": "And that is no enforce what-so-ever since they can't test meat to determine if it has EVER been given antibiotics and on top of that much of the US drinking water if full of all types of chemicals including antiobiotics. The cows aren't being given troughs of Fuji spring water."}
{"_id": "337732", "title": "", "text": "Netgear extenders are used to expand the range of the main router\u2019s network. If you get any issues while the setup through mywifiext.net web address, take help from the support team, available 24/7 in your service via live support window."}
{"_id": "337736", "title": "", "text": "In general, how does a large open market stock sale affect prices? A very general answer, all other things being equal, the price will move down. However there is nothing general. It depends on total number of shares in market and total turn over for that specific shares. The order book for the day etc. What is the maximum percentage of a company you could sell per day before the trading freezes, and what factors matter? Every stock exchange has rules that would determine when a particular stock would be suspended from trading, generally a 10-20% swing [either ways]. Generally highly liquid stock or stock during initial listing are exempt from such limits as they are left to arrive the market price ...  A large sell order may or may not swing the price for it to get suspended. At times even a small order may do ... again it is specific to a particular stock."}
{"_id": "337750", "title": "", "text": "Russ Krivor Russ and Igor Krivor are brothers who started DLC Residential in 2005. As early as 2004, the Krivor brothers noticed that there was a growing need for single-family homes in Miami, Florida. This knowledge quickly turned into a business as they began to help investors grow their wealth through real estate. Igor and Russ Krivor change their business model based on what is most likely to yield real returns for their investors."}
{"_id": "337758", "title": "", "text": "There's only one tape so far as I know. Some high-power Americans figure this woman should be booted. Eric Kraus works for Bloomberg and he indicts her too. Obviously you didn't click the Kraus introductory link.  Business, including American business, doesn't want these sanctions: bad for business."}
{"_id": "337764", "title": "", "text": "This site shows a list of (mostly) industrial uses of gold:  http://geology.com/minerals/gold/uses-of-gold.shtml If you ignore the first two uses, jewelry and coinage, there remains aerospace, computers, electronics, dentistry and medicine. It's worth noting that gold comes in the same chemical family as both copper and silver, meaning that gold can serve most of their uses, although not as well."}
{"_id": "337765", "title": "", "text": "i think and what i understand when a house seller is asking for cash, thats means he is looking for a ready and quick buyer doesn't rely on mortgage and its long process. cash means a certified check for sure, but not physical money in suitcase!"}
{"_id": "337772", "title": "", "text": "Lol that's what you think buddy, my portfolio is flawless. It's doesn't take a scientist to be a good broker but someone who has information, I have nothing to prove to you because you are no one, just someone on reddit. It's nice you read my post, guess I got you pretty upset. It's funny because you don't know what I have available for myself in the finance industry. You read post about me that seem like idk what I'm doing that's because I'm thinking 2 steps ahead while you stand still. Like I said you are no one, even if I showed you my portfolio and proved you wrong everything would still be the same so why share stuff that I know that you don't? If you do not get where I'm coming from then you are a very bad businessman.   Oh and another thing because I got into mba program right out of college, that makes it a bad one? Didn't know pace university was a bad mba program lol. You gave me a opportunity to prove myself? Dude.. It's reddit not a interview."}
{"_id": "337775", "title": "", "text": "My answer is a combination of the the one from Aaron and Joe. The IRS used to have a December 31st deadline for when the procedure needed to be done. They extended it a few years ago to cut down on the number of people buying glasses between Christmas and New Years. There is an even later deadline for submitting the paperwork. Check the documents for your plan. Some will have a way for you to specify which plan year to use. They will also specify how they handle ones during this overlap period for expenses automatically submitted by a Doctor or Pharmacy, or when using the special credit card they give you. Ask them how they address splitting it between the old and the new plan year."}
{"_id": "337776", "title": "", "text": "\"Not really.  They didn't account for the fact that the income would first be spread out over 8 billion people.  I don't know if anyone in Keynes time was thinking about dozens of industries closed in America and moved directly to China.  Had you suggested that to them I think they would have thought it ridiculous but that is in fact what happened.  Also, theories on trade suggest that it makes everyone better off.  So if you ask any economist at any given point if more free trade is better they will probably say \"\"yes\"\".  That was all fine until about the 1980s when computer networks made it possible to globalize supply chains.  Suddenly vast CAD/CAM systems sprung up and suddenly you could pay a worker a $1 a day to do what someone in the US was getting $45 an hour to do.  The economics of it for corporations were absolutely irresistible and they lobbied hard to make sure noting got in the way (note that free trade pacts passed under both parties).  In order to mask the fact that this was happening a giant credit bubble was created in the developed world using the newfound savings of the developing world.  Living standards were temporarily maintained in developed countries by borrowing money from the people they had sent their jobs to.  The effects of this are all pretty clear.  Most developed nations are now burdened under a mountain of debt.  Central banks are having a difficult time maintaining enough liquidity to support the illusion of buying power in developed nations that is no longer present without enormous artificial support.  Many Americans alive today cannot even remember a time when America's current account deficit was not deeply in the red.  So far the only thing propping up developed nations is the use (and threat of use) of vastly superior military force.  That hasn't really changed but every day the developing nations encroach a little bit more on the resources of the world for consumption rather than just production.  As that happens the hollowed out shells of the developed world start to feel more and more pressured as they come to realize they really don't have much of value to trade.  America's biggest exports are food and services.  Food is surely important but one farmer can farm like 100,000 acres.  And services just means we can export the time of a Wall Street douchebag at a high rate of pay.  yippee.\""}
{"_id": "337779", "title": "", "text": "\"A trick that works for some folks: \"\"Pay yourself first.\"\" Have part of your paycheck put directly into an account that you promise yourself you won't touch except for some specific purpose (eg retirement). If that money is gone before it gets to your pocket, it's much less likely to be spent. US-specific: Note that if your employer offers a 401k program with matching funds, and you aren't taking advantage of that, you are leaving free money on the table. That does put an additional barrier between you and the money until you retire, too. (In other countries, look for other possible matching fundsand/or tax-advantaged savings programs; for that matter there are some other possibilities in the US, from education savings plans to discounted stock purchase that you could sell immediately for a profit. I probably should be signed up for that last...)\""}
{"_id": "337793", "title": "", "text": "Real estate is not an investment but pure speculation. Rental income may make it look like an investment but if you ask some experienced investor you would be told to stay away from real estate unless it is for your own use. If you believe otherwise then please read on : Another strong reason not to buy real estate right now is the low interest rates. You should be selling real estate when the interest rates are so low not buying it. You buy real estate when the interest rate cycle peaks like you would see in Russia in months to come with 17% central bank rate right now and if it goes up a little more that is when it is time to start looking for a property in Russia. This thread sums it up nicely."}
{"_id": "337817", "title": "", "text": "I've seen credit cards that provide you your credit score for free, updated once a month and even charted over the last year.  Unfortunately the bank I used to have this card with was bought and the purchasing bank discontinued the feature. Perhaps someone out there knows of some cards that still offer a feature like this?"}
{"_id": "337823", "title": "", "text": "The best thing to do is pay off the car. Adding more variables to a negotiation with a car dealer (in this case, a trade in), is always going to go in their favor. This is why people recommend negotiating a price down first, before ever mentioning to the dealer you want to do a trade in or financing."}
{"_id": "337857", "title": "", "text": "If you don't have to pay a large chunk of people money, you may be able to lower prices to get more customers, so in some regards they could compete but you're probably right - walmart is so damn cheap"}
{"_id": "337863", "title": "", "text": "\"It won't hurt your credit score, but it may hurt your ChexSystems score. ChexSystems is another consumer reporting agency that doesn't keep track of your debts, but of your bank accounts. Banks (most but not all) check ChexSystems before you open an account to see if you bounce checks, overdraft, make a lot of teller visits, lose ATM cards, etc. They use this to estimate your profitability. Banks aren't allowed to discriminate against a protected class, but \"\"unprofitable\"\" is not a protected class. BTW, most banks don't make much money on checking accounts; they view them as \"\"get-you-in-the-door\"\" inducements so they can sell you the things they really want to like mortgages and investments.\""}
{"_id": "337873", "title": "", "text": "There are markets in which there isn't a lot of choice to enable downward price pressure, like drugs and healthcare.    Also, consolidation always results in reduced consumer choice and, sooner or later, increased prices.  That's a big part of why they do it.   In healthcare in the US, there is huge consolidation among specialty practices in order to force insurance companies to pay more.  E.g, every pulmonologist and allergist in a 30 mile radius from here was bought by the same practice, so now the HMOs are forced to pay the rate this practice dictates.  No small practices have started here in the past 20 years; all the new MDs just join the big existing practice in order to fill any increased demand.  These practices often pick and choose which insurers they will work with, and they don't take medicare.  But this is one example of how markets get demented and harmful (lethal) if not regulated; there are many others."}
{"_id": "337876", "title": "", "text": "I think sometimes this is simply ignorance. If my marginal tax rate is 25%, then I can either pay tax deductible interest of $10K or pay income tax of $2.5K.    I think most americans don't realize that paying $10K of tax deductible interest (think mortgage) only saves them $2.5K in taxes.  In other words, I'd be $7.5K ahead if I didn't have the debt, but did pay higher taxes."}
{"_id": "337900", "title": "", "text": "Seattle's unemployment rate is 3.1%. This has been pretty flat for years and falling some over the past year.  The authors finding of 5000 unemployed, which would cause an increased unemployment rate of 0.7%, is inconsistent with unemployment rate and methods used by other studies.  I am very skeptical that this paper using new, untested methods, which get a different result then two other methods, is showing a real effect."}
{"_id": "337916", "title": "", "text": "Yeah, and the Constitutional Scholar in the White House.  You seem to have a skewed view of the gubmint workforce.  &gt;I mean, the list of highly skilled government jobs just goes on and on.  *And they're all unionized!*  Worthy only of mockery, you shall e laughed at for the next 2 seconds."}
{"_id": "337938", "title": "", "text": "\"Ya it's not really young \"\"modern\"\" people buying these houses. I personally believe it's immigrant students, who use their parents money (as a sort of bypass), or just younger people who have rich parents, or get help from their parents. A lot of older people are still buying houses as well. It's quite a stupid landscape, from an economic perspective it's very inefficient, but that's not an issue that directly effects me, or that can easily be fixed. The cheapest you can find a \"\"decent\"\" house that I know, is about 2-3 hours north of the city, for around 500k. It's just a different lifestyle; you wouldn't be commuting downtown anyway, but it depends on the person and the job\""}
{"_id": "337940", "title": "", "text": "I'm pretty abnormal, because I actually strongly supported/support the War in Afghanistan, and am ambivalent towards the war in Iraq because I strongly value that Saddam was deposed.  That said, you are right.  It's crazy that these engagements are still continuing.  Nothing really changes that much."}
{"_id": "337941", "title": "", "text": "\"Some people have this notion that withdrawing dividends from savings   is somehow okay but withdrawing principal is not.  Note, this notion. Would someone please explain the \"\"mistake\"\" on P214 and why it's a   mistake? Because there may be times where withdrawing principal may be a good idea as one could sell off something that has gained enough that in re-balancing the portfolio there are capital gains that could be used for withdrawing in retirement. How and why does the sale of financial instrument equate to the   receipt of dividends?  In either case, one has cash equivalents that could be withdrawn. If you take the dividends in cash or sell a security to raise cash, you have cash. Thus, it doesn't matter what origin it has. If I sell a financial instrument that later   appreciates in value, then this profit opportunity is lost. In the   case of a dividend, I'd still possess the financial security and   benefit from the stock's appreciation? One could argue that the in the case of a dividend, by not buying more of the instrument you are missing out on a profit opportunity as well. Thus, are you out to make the maximum profit overall or do you have reason for taking the cash instead of increasing your holding?\""}
{"_id": "337943", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ceps.eu/publications/why-are-central-bankers-shifting-goalposts) reduced by 87%. (I'm a bot) ***** &gt; Given its comfortable position today, it is difficult to explain why the ECB is continuing unconventional monetary policy measures, such as negative interest rates or QE. The theme of this year&amp;#039;s meeting of the world&amp;#039;s central bankers in Jackson Hole, Wyoming, had little to do with monetary policy.  &gt; Central banks are made independent precisely because it is understood that they are accountable for achieving their own objective of maintaining price stability, regardless of the economy&amp;#039;s underlying growth rate.  &gt; In 1999, a core inflation rate of around 2%, combined with unemployment below 5%, justified a federal funds rate of 5%. Today, the Federal Reserve has kept its benchmark rate below 1.5% - 350 basis points lower than in 1999 - and has postponed any reduction in its bloated balance sheet.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z2pql/ceps_why_are_central_bankers_shifting_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207107 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **rate**^#1 **policy**^#2 **today**^#3 **inflation**^#4 **monetary**^#5\""}
{"_id": "337952", "title": "", "text": "Most basic tip:  Don't go to the grocery store hungry. What we do to minimize food waste: On Sunday when my wife and I go grocery shopping, we figure out what meals we are going to have for dinner that week, and we only buy what we need for those meals. We also try to decide in advance what night(s) we are going out for dinner. For example, we know we have to take the in-laws out for dinner on Wednesday, so we don't buy a dinner for that night. As part of our weekly planning, we figure out the lunches we will take to work based on our dinners.  For example, if we plan to make a big pot of pasta for dinner one night, we know we'll have leftovers for lunch, so we won't buy a lunch for the following day. Basically, we try to match our food purchasing to our food consumption. During the week, we generally try to cook the dinner that uses the most perishable items first.  If we buy seafood, that will be Monday night's dinner.  The frozen pizza can wait until the end of the week. My wife an I both have to deal with the occasional unexpected late night at work, which can mess up our cooking plans.  As a result, it is not uncommon for us to be too tired to cook, so we skip a dinner.  It is less wasteful to do that with something frozen/preserved. Also, we try to consider cooking time vs our work schedule.  We don't pick a complex dinner for a night that we know in advance will be a long work day."}
{"_id": "337959", "title": "", "text": "Investments are always a safe bet after they've proven themselves.   If you (or anyone else) would have been so sure about Tesla's success, you'd mortgaged your house, emptied your 401k and maxed out your cards in order to buy stock. But throughout its life, Tesla has looked like a coin flip, and therefore regretting not having invested in it is useless.   For the record I got in at $24, sold at $92, got in at $150 again, sold at $192, got in again at $210, sold at $290 and now am short through puts at $375. I was fairly confident it would do well, but I never put more than 5% of my portfolio on a single stock because being confident is not being certain."}
{"_id": "337968", "title": "", "text": "Discipline. If you have to have a hard limit on your account that prevents you from spending - credit cards are not for you. If you can discipline yourself not to make purchases in excess of your budget even if the plastic technically allows it - then you can go on using the credit card. Make sure to stay on top of your spendings by frequently checking your current activity on the card (on line, don't wait for statements), and making sure you're below the limit you have set for your budget. Mint.com visualizes your spendings and shows where you are with regards to your preset budgets on various types of spendings, you should consider using it as an aid."}
{"_id": "337972", "title": "", "text": "I have never used Square, but my understanding is that they charge a premium for their services.  Basically, because you get this nifty smartphone pluggable credit card swiper, you end up paying more than the alternate options.  Granted I am in no way knowledgeable of the alternates (as in, mobile credit card machines?), but I assume they aren't as easy to set up.  When it first came out, one of my buddies decided that he would accept payments from friends via Square (for beer, meals, concert tickets, gas, etc), and I remember reading that it charges a flat fee plus variable cost, which I thought was a rather silly cost to be incurring.  Maybe that has changed?  Basically, Square sounds almost to good to be true, but I'm not a small business owner dealing with credit card transactions, so you probably shouldn't listen to me."}
{"_id": "337985", "title": "", "text": "With 285k viewers.  The news here is that infomercials for hair-tonic and shake weights pull down better numbers.  If Dobbs is winning with those numbers the category has been specially crafted to give that idiotic crank a participation trophy. Might as well give me an award for spending the most hours on my own toilet."}
{"_id": "337986", "title": "", "text": "\"Again, you're welcome.  It's also important to note (it really cannot be overemphasized) is that the taxes that were increased were/are virtually all the REGRESSIVE ones.  The rate of FICA taxation for example on rents, interest, and other \"\"capital gains\"\" (i.e. non-payroll income) -- were initially 0%, then later became 0%, and currently are 0%.  Meanwhile the FICA rate on average &amp; median payroll (wages/salaries of \"\"workers\"\" and \"\"mid-level managers\"\", etc) increased from 1% to 15% -- that's a 15x increase, or put another way, it is an increase of 1,500% during less than a single working career (the cost of absolutely NOTHING ELSE in the history of our society increased at anything like that rate; not even education and health care costs, nor even \"\"housing\"\" at the peak of the bubble -- and in actuality, just about everything else {including the notorious \"\"gasoline\"\" sold by those \"\"evil\"\" petroleum companies} actually DECREASED during the same time frame).  And then, during virtually the SAME time period, those other taxes increased in a similar (if less egregious) fashion. For example in my Midwestern state, there was no sales tax at all circa 1950.  A bit over a decade later, when it was first instituted it was initially set at 3%, but applied only to a select category of goods; subsequently the rate was increased (to 4%, then 5%, then with the addition of various county and municipal \"\"sales taxes\"\" to 6% and higher), and more critically, the goods and services that are subject to the tax has increased as well (many of them already with \"\"hidden/buried\"\" excise taxes -- so a large portion of the sales tax is actually a \"\"tax on a tax\"\").  When you realize that as wealth increases, the average expenditure on taxable goods tends does NOT tend increase in anything like a directly proportional manner (i.e. while a person making $50k a year, may pay more than 2x the total sales tax than someone making $25k a year {simply because a big part of the $25k a year goes to \"\"basic necessities\"\" of food, rent, etc}, and it is even possible that the person making $100k a year pays a simple 2x in sales tax of the $50k person... but the $1M a year is HIGHLY unlikely to be paying 10x the sales tax as the $100k a year person) then you begin to realize the way that the \"\"regressive\"\" form of those taxes work -- basically \"\"hobbling\"\" the middle class and preventing it from reaching \"\"upper\"\" middle class status.  Now to be ruthlessly blatantly forthright, it is NOT simply a matter of blaming the \"\"rich\"\" -- because the lion's share of those \"\"taxes\"\" were and are being used to \"\"redistribute\"\" money to an ever increasing number of non-working people (either retirees, or \"\"disabled\"\" former workers, etc) -- the vast majority of which were things \"\"demanded\"\" by the general population.  Hence the TANSTAAFL reality.  The means that the \"\"rich/elites\"\" have used to milk &amp; bilk the system may be *indirectly* linked to those taxes, but in general are actually much more likely to be based on other things (access to leverage/credit &amp; the socialization of bad bets/losses, avoidance of \"\"wages\"\" and emphasis on \"\"capital gains\"\", etc).  Doesn't mean the elites/wealthy AREN'T gaming/scamming the system (indeed, many of them are) -- but at least a significant part of the \"\"blame\"\" for the burdensome tax system lies with the people themselves.  As another example of the same thing, take \"\"healthcare insurance\"\" -- people want their \"\"insurance\"\" to not only cover the rare, large expenses (cancer treatment, major accident trauma, etc); but also to cover their \"\"annual checkups\"\", etc. -- and then are shocked (shocked I say) when their insurance premiums go UP.  Well, what do people expect? If virtually everyone goes for an annual checkup, and that checkup costs per policy are say $300 a year, then how can premiums NOT go up by approximately $300 (+ administration costs)?  Did they expect the money to pay those things to magically appear out of nowhere?  Seriously; you demand something and eventually (one way or another) you are going to pay for it.  ---  So in your father and grandfathers eras, they were able to support a larger family in no small part because they were NOT paying for all of those \"\"safety net\"\" things.  In addition, for what little \"\"safety net\"\" *did exist* at the time, the people collecting on it were [demographically tiny versus the larger working/paying class](http://www.ssa.gov/history/ratios.html) (i.e. in 1940 each retiree on social security was \"\"supported\"\" by nearly 160 workers; by 1950 the ratio was a tenth of that 1 retiree supported by 16 workers; by 1965 it was a quarter of that {1/40th of the 1940 ratio}, 1 retiree to 4 workers; and currently {2009} it is a 1 to 3 ratio {and set to get a LOT worse as the \"\"Baby Boomer Bulge\"\" retires en masse in the coming decade+}.)  So basically, your single income job still IS supporting a large \"\"family\"\" -- you just aren't supporting them *directly* any more {instead you pay the government, and they get checks \"\"from the government\"\"}; and the \"\"family\"\" you are supporting is probably NOT biologically related to you (i.e. they are someone *else's* kids, parents, etc).  And then, just as importantly, since you are no longer *directly* supporting a large family, YOU have essentially ZERO control over the hows/whens/whys of how the money gets spent (whereas your father and grandfather DID get to decide) -- instead the monies are being tossed as \"\"entitlements\"\" to the recipients, who, since they have been told (and certainly WANT to believe) that they are just getting \"\"what they are due\"\", don't feel that anyone has any RIGHT to tell them how to spend it.  (Sorta like as if when your father and grandfather were working, as if their wife, and each of their kids {as well as great grandpa Joe in the back bedroom, and maybe the \"\"disabled neighbor\"\" Dave} was LEGALLY GRANTED a government mandated \"\"allowance\"\" of 1/10th of your dad/grandad's paycheck -- and instead of your dad/grandad getting his full paycheck, the government required his employer to cut several paychecks paying those \"\"allowances\"\" directly to the wife, kids {whose checks would go directly to their schools}, grandpa joe, neighbor Dave, etc -- and they {other than the kids} were then able to spend it on whatever they wanted, and your dad/grandad wouldn't have been able to say \"\"boo\"\" about it.)  Because when it comes right down to it... that's what has happened; there's just multiple layers of official/bureaucratic \"\"obfuscation\"\" in the middle that hide the transfers under various euphemisms.\""}
{"_id": "337993", "title": "", "text": "\"This answer is about the USA. Each time you sell a security (a stock or a bond) or some other asset, you are expected to pay tax on the net gain. It doesn't matter whether you use a broker or mutual fund to make the sale. You still owe the tax. Net capital gain is defined this way: Gross sale prices less (broker fees for selling + cost of buying the asset) The cost of buying the asset is called the \"\"basis price.\"\"  You, or your broker, needs to keep track of the basis price for each share. This is easy when you're just getting started investing. It stays easy if you're careful about your record keeping.  You owe the capital gains tax whenever you sell an asset, whether or not you reinvest the proceeds in something else. If your capital gains are modest, you can pay all the taxes at the end of the year. If they are larger -- for example if they exceed your wage earnings -- you should pay quarterly estimated tax. The tax authorities ding you for a penalty if you wait to pay five- or six-figure tax bills without paying quarterly estimates.  You pay NET capital gains tax. If one asset loses money and another makes money, you pay on your gains minus your losses. If you have more losses than gains in a particular year, you can carry forward up to $3,000 (I think). You can't carry forward tens of thousands in capital losses.  Long term and short term gains are treated separately. IRS Schedule B has places to plug in all those numbers, and the tax programs (Turbo etc) do too. Dividend payments are also taxable when they are paid. Those aren't capital gains. They go on Schedule D along with interest payments. The same is true for a mutual fund. If the fund has Ford shares in it, and Ford pays $0.70 per share in March, that's a dividend payment. If the fund managers decide to sell Ford and buy Tesla in June,  the selling of Ford shares will be a cap-gains taxable event for you.  The good news: the mutual fund managers send you a statement sometime in February or March of each year telling what you should put on your tax forms.  This is great. They add it all up for you. They give you a nice consolidated tax statement covering everything: dividends, their buying and selling activity on your behalf, and any selling they did when you withdrew money from the fund for any purpose.   Some investment accounts like 401(k) accounts are tax free. You don't pay any tax on those accounts -- capital gains, dividends, interest -- until you withdraw the money to live on after you retire. Then that money is taxed as if it were wage income. If you want an easy and fairly reliable way to invest, and don't want to do a lot of tax-form scrambling, choose a couple of different mutual funds, put money into them, and leave it there. They'll send you consolidated tax statements once a year. Download them into your tax program and you're done. You mentioned \"\"riding out bad times in cash.\"\"  No, no, NOT a good idea. That investment strategy almost guarantees you will sell when the market is going down and buy when it's going up. That's \"\"sell low, buy high.\"\" It's a loser. Not even Warren Buffett can call the top of the market and the bottom.  Ned Johnson (Fidelity's founder) DEFINITELY can't.\""}
{"_id": "338018", "title": "", "text": "CDC estimates 48 million people get sick, 128,000 are hospitalized, and 3,000 die from foodborne diseases each year in the United States. Chipotle got a lot of heat because of their switch from GMO. Media pushed narrative. Ill informed people about GMOs and non-GMOs."}
{"_id": "338048", "title": "", "text": "Here are some pros and cons.  Note the list is not comprehensive, but should be a good start. Pros: Alternative to Fiat Money supply - it is an international currency and can be thought of as a protection against having your money in dollars or pounds for example.  Some people think that it will eventually replace fiat money supply.  This is unlikely to happen any time soon. Move money anywhere - Anyone who has an internet connection can download a wallet and receive bitcoins. Route into Altcoin market - A lot of money is being made in alternative cyrptocurrencies such as etherium, often the best way to buy these is with Bitcoin. Potential massive gains - Bitcoin has gone from 1 dollar 7 years ago to over 2000 dollars, some think it may go even much higher in the future. Fixed money supply - Fixed cap of bitcoins, there will never be more than a fixed amount (unless code changes) which is one reason why it has gained so much value. Secrecy - Some cryptocurrencies are anonymous - which means you can hide your wealth and move it about. Negatives: Storage of bitcoins - If you hold your wallet on your computer and lose it without a backup, you have lost everything.  If you hold it on an online exchange and they go down/something bad happens you could lose it.   Regulation is in its infancy.   There is also a pro here - if you have access to your wallet then no one can freeze your account like a bank potentially could. Tax/Legal implications - Legislation against bitcoins could occur and can cause issues for users.  Tax implications can be confusing and an issue. Massive swings - price can go up massively and also down massively - it is not currently a stable investment. Negative ties - Some people associate bitcoin with money laundering and buying drugs - slightly unfairly as it is nothing you can't do with cash (and cash doesn't have a permanent record of your transaction) - but it does have this negative connotation. Summary. Could be worth investing in bitcoin, could potentially make good gains.  Could also lose everything or get in trouble with authorities if they suspect you of financial crime.  I wouldn't invest anything you couldn't afford to lose and I would be mindful of the risks."}
{"_id": "338050", "title": "", "text": "You win, you are more pedantic than me. I give up.   Edit: okay, I think I can be more pedantic than you here actually.  Corporations don't even have to follow the law as long as their revenue from breaking the law is greater than the consequences of breaking said law.   Ethics come from proper regulation."}
{"_id": "338051", "title": "", "text": "\"I've consulted with 5-6 accountants and people who've had the issue before. The advice I received boils down to: \"\"If you do not attach your 83b with your personal tax return it is not effective. However you can still correct the requirement to file it along with your tax return, because you are within the 3 year window of when the return was originally due.\"\" So you can amend your return/file it late within a certain window and things should be OK. The accountants that have confirmed this are Vanessa Kruze, Wray Rives and Augie Rakow - all of them corporate and credible accountants. You also need to keep onto the confirmation the IRS sent you in case of an audit. There is nothing on IRS.gov about attaching your 83b on a filed late or amended return but those accountants are people who say they've seen it happen frequently, have consulted with the IRS for solutions and that's the one they'd advise one to do in such situation. disclaimer: I am not a CPA\""}
{"_id": "338084", "title": "", "text": "We provide zinc plating services to a wide range of industries. Zinc plating is one the best ways to protect component against corrosion and abrasions even with its low thickness. We only use quality zinc plating solution and with our highly experienced team we ensure your work is completed in no time."}
{"_id": "338090", "title": "", "text": "I am not speaking of the responsibility or sustainability of being frugal but just that people with more money buy newer stuff more frequently including cars and that in a decade where the US used to be praised as a beacon of hope for success in innovation the American dream has been slowly dying over the past decade."}
{"_id": "338096", "title": "", "text": "\"If you intend to do business \"\"outside the country\"\", why establish an LLC \"\"here\"\" at all?  You should establish a business in your home country if you desire business organization for sequestering liabilities or something.  With or without a business organization, you will presumably be taxed for domestic income \"\"there\"\", wherever that is.\""}
{"_id": "338113", "title": "", "text": "No Joke. The 9/11 terrorists stayed in short term rentals for a week before carrying out the attacks.  These rentals were hotels.  I think hotels are probably facilitating terrorism by offering terrorists short term rentals.  The FBI should investigate their complicity in the 9-11 attacks.  I think this ad is a deflection from their clear guilt and complicity in the 9-11 attacks."}
{"_id": "338124", "title": "", "text": "Most of the commercial sectors hire janitorial services to a professional organization, which are well equipped with machinery and tools to perform the task in an effective way. If you want to the janitorial service in Honolulu, then A alberts company is the best for cleaning service. There are many companies provides Janitorial Service Honolulu, but we believe in providing chemical free cleaning in a sustainable way. We offer high-quality cleaning services in commercial, high rise, Construction and Residential sector."}
{"_id": "338150", "title": "", "text": "Perfect super clear, thank you /u/xlct2  So it is like you buy a bond for $X, start getting interest, sell bond for $X :)  I was thinking there could be a possibility of a bond working like a loan from a bank, that you going paying as time goes by :D"}
{"_id": "338159", "title": "", "text": "10 whole families eh?  If I show you 10 people who struck it rich as triple diamond Amway multilevel marketing gurus, would you and I then agree that Amway is the way to make money in this world?  How about if I show you 10 companies that paid negative corporate taxes for the last decade?  How about 10 billionaire families who didn't pay a dime in taxes due to creative offshoring of assets?"}
{"_id": "338167", "title": "", "text": "Imagine if the postal service set up free wi fi at each office supported by ads. Right now those clicks could be paying offset the debts and provide access to those in the rural areas.  Then add the schools and government buildings we might be higher in the internet food change."}
{"_id": "338170", "title": "", "text": "My understanding (I've never filed one myself) is that the 1040ES is intended to allow you to file quarterly and report unpredictable income, and to pay estimated taxes on that income.   I was in the same sort of boat for 2016 -- I had a big unexpected income source in 2015, and this took away my Safe Harbor for 2016.  I adjusted my w-2 to zero exemptions (eventually) and will be getting a refund of about 1% of our income. So lets say you make 10000 in STG in March, and another 15000 in STG in April.  File a quarterly 1040-ES between March 31 and April 15.  Report the income, and pay some tax.  You should be able to calculate the STCG Tax for 10k pretty easily.  Just assume that it comes off the top and doesn't add at all to your deductions.  Then for April, do the same by June 15. Just like your W-2 is used to estimate how much your employer should withhold, the 1040ES is designed to estimate how much extra you need to pay to the IRS to avoid penalties.  It'll all get resolved after you file your final 1040 for the 2017 calendar year."}
{"_id": "338174", "title": "", "text": "In real estate,loan consolidation essentially means taking out a large loan on one property from the proceeds of which you pay off all the other mortgages. Unless you are able (or willing) to reveal how much more you can borrow against your home or the third property (who has the remaining interest in the third property, and would they be willing to mortgage the property?) there is no way of discussing how much you might be able to borrow and against what."}
{"_id": "338175", "title": "", "text": "\"But what if I am getting paid salary from a source in India? In other words, it may be that in India a research assistant at a college on average earns a third of what a research assistant like me earns here in US. In that case, even if my cost of living there is much less, so is my salary. There are sites that provide a good guidance for what the average salary for an profession with x years of experience would be. Of course some would get paid more than average. So you can try and make a logic, if in US say you are being paid more than average, you would be paid more than average elsewhere. Plus If moving from Developed to Developing country, one has the Advantage of positive pedigree bias.  There are also websites that would give the Purchasing Power Parity for quite a few currency pairs. The Real difficulty to find is whether the Lifestyle you have in a specific country would be similar in other country. If you compare like for like it becomes slightly skewed. If you compare equivalence, then can you adjust.  A relevant example my friend in US had a Independent Bungalow in US. It was with Basement and attic, 2 levels of living space with 4 bedroom. He shifted to India and got a great salary compared to normal Indian salary. However this kind of house in India in Bangalore would be affordable only to CEO's of top companies. So is living in a 3 room apartment fine? There are multiple such aspects. Drinking a Starbucks coffee couple of times a day is routine for quite a few in US. In India this would be considered luxury. A like for equivalent comparison is \"\"One drinks 3-4 mugs of Coffee\"\" in US, and average Indian drinks \"\"Tea/Coffee 3-4 mugs\"\". In India the local Tea / Coffee would be Rs 10 - Rs 20. A Starbucks would come with starting price of Rs 150. The same applies to food. A McBurger in India would be around Rs 100. The Indian equivalent Wada Pav is for Rs 10. A Sub Way would be Rs 150. A Equivalent Mumbai Sandwich around Rs 25. I personally am picky about food, so it doesn't matter where I go, I can only eat specific things, which means I spend a huge amount of money if I am outside of India. When I was in US, I couldn't afford a maid, driver or any help. In India I have 2 maids, a cooking maid and a driver. Plus I get plumber, electrician, window cleaner, and all the help without costing me much. Things that I absolutely can't dream in US. My colleague in UK preferred to stay in a specific locality as it has a very good Church. So if its important, one may find few good ones in India if one is Roman Catholic, if one follows Lutheran, Greek Orthodox, tough luck.  Citizenship: Does it matter ... A foreign national may never get an Indian citizenship. Children don't qualify either unless both parents are Indian. Health Care: Again is quite different. One may feel Health care in US is not good or very expensive ... but there are multiple aspects of this. So in essence its very broad there is traffic, cleanliness, climate, culture, etc ... PS: A research assistant in India is poorly paid, because colleges don't have funds. Research in fundamental science is quite low. Industry to university linkages are primitive and now where close to what we have in US.\""}
{"_id": "338209", "title": "", "text": "&gt;Before I begin, I will point out that the Journal\u2019s own analysis found that 5-star funds outperform 4-star funds which outperform 3-star funds which outperform 2-star funds which beat 1-star funds. That\u2019s not a mirage. That\u2019s tilting the odds in investors\u2019 favor.  &gt; -Morningstar  It's as if the CEO hasn't read the article at all. A stark contrast with:   &gt;For funds that had an overall five-star rating at any point, the Journal found that their average Morningstar rating for the following five years was three stars\u2014in other words, halfway between the top and the bottom.  &gt;.....Of those that merited the five-star badge, a mere 10% earned five stars for their performance over the following three years. Only 7% merited five stars for the following five years, and 6% did for 10 years.  &gt;-WSJ  Another excerpt...  &gt;When funds picked up a fifth star for the first time during the period included in the Journal\u2019s analysis, half of them held on to it for just three months before their performance and rating weakened.  &gt;For all of the measured periods\u2014three, five and 10 years\u2014five-star domestic equity funds were more likely to turn in a one-star performance than a top one.  &gt;That means a five-star rating for the equity funds was no more an omen of success than it was one of failure.   &gt;-WSJ"}
{"_id": "338215", "title": "", "text": "\"Businesses wouldn't do HFT if it wasn't profitable. So HFT systems must be producing revenue, and quite a bit of it.   That money has to come from *somewhere*.   In a zero-sum market, then the money comes from other investors. If the market \"\"creates\"\" wealth then it's diluting the value of the investments. Either way, it's a percentage \"\"cost\"\" to other investors.\""}
{"_id": "338273", "title": "", "text": "\"&gt; Despite the fact that this correlation between immigration and wages is well-documented  Link does not go to proper documentation. Link goes to another article on the same site, with the title \"\"3 Reasons Why Mass Immigration Is Bad For The Economy\"\" and subtitle \"\"Is Immigration Good for the Economy?  No, Not Always\"\". Please make up your minds.  &gt; The evidence suggests otherwise, including new data reported by Fox.  It looks like this bit is the closest thing there to proper data:  &gt; Just how bad is it? According to the National Association of Home Builders, more than 56 percent of developers nationwide are reporting labor shortages.   &gt; NAHB says the problems started when the recession hit and domestic construction workers dropped out of the market to find other jobs. At the same time, immigrant workers went back to their home countries. But as the economy has picked up and the construction industry has heated up, those workers have remained missing.   Yeah, that's not even close to as clear as they're making it out to be.  &gt; In fact, according to Ted Wilson of Residential Strategies Inc. construction costs have risen by 30% this year\u2014the majority of which is due to higher wages and increased overtime pay.  Heh. That Fox article says wages are about 60% of costs. A bit of math says that a 30% increase in costs that was due *entirely* to wage increases would mean wages had gone up by 50%. That's a missed opportunity by the article writers -- the headline really should say that wage-growth is \"\"up to 50%\"\". ;)  (Math: given $100 costs, $60 would be labor. A 30% increase is +$30. If that's all from labor, it would have gone from $60 to $90, and 90 / 60 == 1.5, or a 50% increase.)  .  Also, back to the leading paragraph:  &gt; There is a strong correlation between immigration\u2014particularly illegal immigration\u2014and wages.  This should be obvious to anyone familiar with the fundamental principle of supply and demand: more supply (workers) means lower prices (wages), and vice versa.  There's an example of how it's nowhere near that simple at http://voxeu.org/article/impact-immigration-barriers-native-workers :  &gt; Many claim that immigrants negatively affect the labour market prospects of native workers in advanced countries. This column studies a large change in immigration restrictions in the US \u2013 the 1965 exclusion of almost half a million Mexican seasonal farm workers (braceros) from the US labour market. The bracero exclusion did not increase the employment or wages of native workers, and technology adoption was one of the adjustment channels.   (Note I'm not saying *wrong* this time -- the VoxEU article is specifically about a case where there was existing technology available to replace the lost workers.)\""}
{"_id": "338277", "title": "", "text": "There are two totally different things: There is your limited company, and there is yourself.  Your limited company will absolutely have to pay 20% corporation tax on all its profits. The profits are the income of the limited company (you say it's \u00a35,000 a year) minus all expenses. Usually you would pay yourself a salary, which immediately reduces your profits. And of course the payment to the accountant will reduce the profits.  If the limited company is your only source of income, the usual method is to pay yourself \u00a310,600 salary a year, possible pay money into a pension for yourself which is tax free and reduces the company's profits, pay 20% corporation on the rest, and pay yourself a dividend twice a year. Unless you have another job where you make a lot of money, you should have paid all that money to yourself as income and paid zero corporation tax.  And may I say that if you made \u00a35,000 a year, then there is most likely not enough going on to justify that an accountant charges you \u00a3600. You should be able to find someone doing it cheaper; I cannot imagine that he or she had to do a lot of work for this."}
{"_id": "338278", "title": "", "text": "Are corporations not already passing along the cost of healthcare to the consumer?  When the employer pays, directly, for the employees health insurance, it goes directly into overhead costs.  Goods and service costs have to rise to meet that.  It's already happened.    Ideally, the healthcare savings would just offset the VAT.  Employee salaries probably wouldn't increase any, even ideally."}
{"_id": "338313", "title": "", "text": "If you open an account, you sign a contract, of which you get a copy. That ultimately proves that the account exists. As for the money in an account: Double-entry accounting makes it more or less impossible for that to be simply wrong. An account balance is not just a number; it's a sum of transactions, each of which has a corresponding entry in another account where the money came from or went to. What is possible (but extremely rare given the effort banks go to in order to ensure the correctness of their systems) is for transactions to get lost or stuck (because they often have multiple stages), or to have a wrong source or target, or amount. If a transaction gets lost, it's the same as if it never happened - the money is still in the sender's account and you have to convince them to send it to you. If a transaction got stuck, i.e. money was sent but did not arrive, the sender can request their bank to investigate what happened and fix the problem. If an erroneous transaction shows up on your account, you can do the same. Double-entry accounting ensures that this is always possible."}
{"_id": "338315", "title": "", "text": "&gt; mostly-passive funds consisting of a sufficiently diverse array of holdings with historically* low volatility  &gt; 3.Market it with excessive jargon to impress laymen   A quantitative-based global strategy with a wide coverage of asset classes that exhibit returns robustness and high inverted-alpha*. Uses the cutting edge of artificial intelligence to synthetically replicate index portfolios that maximizes benchmark correlation.   ^^*Defined ^^as ^^1/alpha, ^^as ^^alpha ^^-&gt; ^^0 ^^then ^^inverted ^^alpha ^^-&gt; ^^infinity."}
{"_id": "338319", "title": "", "text": "As of 2013, Ally bank has a 1% conversion fee when using your card internationally; however the withdrawal limits are pretty low ($500 USD daily at an ATM, and $2,500 when shopping)."}
{"_id": "338320", "title": "", "text": "They are private businesses, and they open as they want, quite the same as gas stations or supermarkets. You can open a fourth one, if you think there is money to be made. May not be a bad idea, if you know a bit about cyber security."}
{"_id": "338324", "title": "", "text": "There are a couple of reasons, including:"}
{"_id": "338344", "title": "", "text": "\"Has anyone done this before? I'm sure someone has, but it doesn't completely remove any price risk.   Suppose you buy it at 10 and it drops to 5? Then you've lost 5 on the stock and have no realized gain on the option (although you could buy back the option cheaply and exist the position). To completely remove price risk you have to delta hedge.  At ATM option generally has a delta of 50%, meaning that the value of the option changes 0.50 for every $1 change in the stock. The downside to delta hedging is you can spend a lot on transaction fees and employ a lot of \"\"buy high, sell low\"\" transactions with a highly volatile stock.\""}
{"_id": "338345", "title": "", "text": "\"One \"\"economic reason\"\" to turn down a raise is if your company gives bonuses based on performance reviews. When you get a raise in salary, your boss usually expects a better performance from you. That being said, if you get the raise, and your performance review is worse, you might get a smaller annual income.\""}
{"_id": "338348", "title": "", "text": "Nice try. No. If you were in the music industry, you might have a case. Depending on the exact job, certain things related to music would be a business expense. I don't see how this would pass an audit as it really is unrelated to the work you do."}
{"_id": "338352", "title": "", "text": "The main issue is that anonymous payment is strongly opposed by banking and governments. The price of giving away your identity to hundreds of strangers daily is much higher than coping with stupid ads. Even the price of having your bank know your spending patterns so tightly, is high."}
{"_id": "338355", "title": "", "text": "This has international ramifications. This company sold parts according to very specific qualifications, knowing that the parts did not meet those qualifications. Whether the top executives knew or not is immaterial, the effect is the same: Unsuspecting companies have been operating machinery with insufficient materials, creating many unsafe environments.  How many accidents have been caused or made worse by Kobe Steel's actions?"}
{"_id": "338361", "title": "", "text": "Yeah it's sad. I read in the paper that their Finnish supplier company filed for bankruptcy because Nokia looked to Asia for suppliers. I like Nokia hardware, other phones feel flimsy compared to my N8. The Lumia hardware feels solid too, too bad I'm deterred from buying it because Nokia is going under."}
{"_id": "338394", "title": "", "text": "I'm Asian (Korean).  My parents gave me a choice between doctor and world-leading anything.  Want to join a band?  You better be the next fucking U2.  I ended up getting into Stanford for engineering and working for Google.  They won't be happy until I launch a world changing product or become an exec.  It's exhausting."}
{"_id": "338406", "title": "", "text": "They have a minimum to discourage applications for that particular card. Every application costs them money because they have to pay the credit agencies to pull the applicant's credit history. So one way they save money and reduce their cost of business is to discourage people from applying if they're not creditworthy enough for that product. Credit card companies tailor their products into different income/credit brackets. Those who have less creditworthiness would be better suited for a different product than what you're referring, similar to those with greater creditworthiness."}
{"_id": "338409", "title": "", "text": "\"I wrote a longer reply then deleted it. Socialism as a term has developed so many conflicting definitions that it has become almost completely useless. That being said, I don't believe that a group of countries where several still have their royal and noble classes, and their economy is a commodity and market driven economy qualify as meeting the basic tenets of Marx's Socialism. On the other hand, they are certainly leftist and their model is working well for them, and many western countries could be better if they moved toward the Nordic Model, but again they are not \"\"True Socialism\"\".\""}
{"_id": "338438", "title": "", "text": "Now look, maybe your method of massage differs from mine, but, you know, touchin' his wife's feet, and stickin' your tongue in her Holiest of Holies, ain't the same fuckin' ballpark, it ain't the same league, it ain't even the same fuckin' sport. Look, foot massages don't mean shit."}
{"_id": "338439", "title": "", "text": "Bartering is a tricky discussion. Yes, it definitely applies when you are self-employed and do a job that you would charge anyone else for, but what if you are helping a friend in your spare time? If you receive something in exchange, the value of the item you received would be your income, but what if you don't receive anything in exchange? If the company bought a computer that they loan to you to do occasional work for them, there's no reason you couldn't take the computer home and have that company retain ownership of the property. They could still expense the depreciation of the computer without giving it to you. If it were a car though, you would have to count mileage for personal use as income. What if you exchange occasional tech support for the use of an empty desk and Internet connection? As long as they aren't renting desks for money to others, there's probably no additional marginal cost to them if they allow you to use the space, so the fair market value question breaks down."}
{"_id": "338454", "title": "", "text": "NEVER and I do mean **NEVER** split a business ownership 50/50.  --  Make it 51/49 or whatever you want but never go 50/50 as if there is ever a disagreement You have the power to over rule. If you go 50/50 you will potentially get stuck in a legal battle which you do not want."}
{"_id": "338505", "title": "", "text": "I got my degree in chemistry because I didn't know wha I wanted to do but I wanted to challenge myself. It didn't end up being an advantage. I encourage you to consider your major an investment in your future career rather than as a way to challenge yourself. Look at the jobs out there and pick a few paths for yourself, then see which major best fits into ALL the paths you're interested in. You can always do a math minor (which you may reconsider when you hit the crossroads of linear algebra and differential equations). Take advantage of internships, network. A degree is nice piece of paper but most of what you learn in college just doesn't apply to working a real job. Keep that in perspective! But also enjoy yourself."}
{"_id": "338519", "title": "", "text": "Nobody here really answered your question.  The custodian of the 401k determines what funds and investment options are available within that 401k.  So if they're eliminating company stock as an option then they can absolutely make you sell out of it.    You may be able to do an in service rollover and transfer your funds to an individual ira but that's not particularly common among 401k administrators.   Aside from that I'd ask why do you want to hold company stock anyway?  Generally I'd advise against this as its imposing a ton of risk on your financial future.  If your company tanks you're out of a job, which sucks.  But it sucks even more if your company tanks and your 401k loses a ton of value at the same time.   Edit: I see you asked who benefits as well.  It may just be a situation of no benefit at all.  Perhaps the plan didn't have enough people investing in company stock to make the option cost effective.  Maybe the administrator decided that allowing people to take on that amount of risk was not in their best interest(it's not).  Could be a ton of reasons but it's unlikely the company did so out of greed.  There isn't a lot of financial benefit for them there."}
{"_id": "338526", "title": "", "text": "\"Arrogant nonsense like this is the extremism \"\"crying wolf\"\" that helped get him elected.  The left is so loud and obnoxious at this point that people stopped listening.  But I guess gathering on liberal sites like reddit and patting each other on the back is still your idea of the best way to change.\""}
{"_id": "338529", "title": "", "text": "\"Not to mention the impact of helicopter parenting; it's harder to date if your parents won't let you learn to drive or get a car, activities, homework, and \"\"family time\"\" keep you busy literally every waking moment, and your parents actively monitor your internet and phone use.\""}
{"_id": "338532", "title": "", "text": "They are actually both undergraduate texts; however, Investments is FAR more complex.   Essentials of Investments really waters down the statistical and mathematical notation while Investments does not.  Investments also has an entire section (4-5 chapters) called options, futures, and other derivatives while Essentials of Investments does not.   [Of course, if you want to learn about options, futures, and other derivatives, there is a seminal book by John Hull with that exact title.] That notwithstanding, neither book is sophisticated enough to be considered a true graduate school textbook in quantitative investment theory.  No grad schools worth their salt are going to rely too heavily on Investments in a specialized finance curriculum.   It's a great book to start out, though."}
{"_id": "338539", "title": "", "text": "\"ASSUMING you're talking about a property in the United States, the answer generally would be \"\"no\"\".  You aren't actually paying any of the expenses for the property and yet you want to take the deductions for doing so?  That's a rather cheeky move, I'd say! (grin)   It probably would lead to some real strife with your brother, since he would have proper claim to those credit on the basis he's the one footing the bills for the property.  Before you do anything like what you're talking about, it might be best to speak with him, because both of you are running the very real risk of an audit, and if that happens then I can guarantee the IRS will slap the daylights out of you for it.  Your brother, I'm sure, is already claiming all of the deductions he can for what he's putting into the property, and on top of that you want to file for your half.  What half are you referring to, when your out-of-pocket is zero?  So what you're saying is, you think that between you and your brother you should be able to take a credit of 150% of the actual deductions...Sounds like a recipe for disaster to me. I strongly encourage you to talk to a tax professional, but if you get a different answer to this than what I've already given then I'd be stunned.   I hope this helps. Good luck!\""}
{"_id": "338543", "title": "", "text": "\"Two points. Someone has mentioned \"\"don't do the starbucks coffee\"\" thing... Try not to pay for fast food, either. They might not like you having cooking equipment in your dorm, but things like sandwiches and cereal don't require that (and often there is a common kitchen). Did you know oatmeal is so cheap it's basically free? Also dirt cheap and ridiculously nutritious: beans, lentils. There's certainly the \"\"ramen noodles\"\" stereotype but even beyond that, if you can learn how to cook a few decent things for yourself, you can do quite well. Oh, did I mention rice? On a related note, skip the bottled water and the sodas. (Especially the sodas, which can do you little good.) Snack on vegetables (carrots, celery, etc). They're not always cheaper than the cheapest of the cheap snacks that exist, but they're actually good for you. A big bag of carrots will give you a lot to munch and is reasonably cost-effective. Besides, I know you need more of them in your diet. Really. Finally, consider a summer job / internship. Not only will it earn you money now, but it might land you a much nicer job straight out of college, saving you years of earning less. (This goes triple for anyone studying computer science/engineering, by the way!!!) If that doesn't work out, consider summer-session classes. Sometimes they can work out cheaper than the regular kind.\""}
{"_id": "338545", "title": "", "text": "Assuming your country is the United States there is.  See schedule C line 9 and the corresponding instructions.   There are many rules associated with this, in some cases the entire purchase can be written off but typically if the truck is only used for business.  Most people write off partial usage in the form of credits for mileage. You are best to consult with a CPA once your business earns a profit.  Good luck."}
{"_id": "338563", "title": "", "text": "You will need to check the language of your sales contract. Most of the time, it will be written that the pro-rated property taxes will be part of closing costs. In general, If you've already paid taxes, then the buyer will pay you the pro-rated portion of that, from the closing date through the end of the year. If you haven't, then you would usually be charged the pro-rated amount to be held in the buyer's mortgage company escrow account, with the remainder being collected from the buyer at a later date. For your income tax purposes, you can deduct that tiny amount of the paid property taxes from your income (assuming itemized deductions). Doing some research on property tax for the state of Georgia brings up this interesting note: If you owned property on January 1, you are responsible for the ad valorem tax for the entire year even if you sell the property on January 2.  Georgia law does not allow a refund for partial year residents. This leads me to believe that your sales contract would have it written in that the buyer paid you almost the entire year's property taxes in anticipation that you would be responsible for the property taxes, as you owned the property on January 1st. Again, you should consult with the settlement attorney and review your contract."}
{"_id": "338580", "title": "", "text": "[Spectacles](https://en.wikipedia.org/wiki/Spectacles_%28product%29) are glasses/sunglasses with a built in camera/video recorder, which look surprisingly un-bulky. The price is just around $120, so a bit pricey. You can get [a crappy kids spy version for only $60](https://www.amazon.com/SPY-NET-Stealth-Video-Glasses/dp/B004X4X3N0) for the last couple years. The price is probably worth it for the lightweight, more reasonable look, and probably better quality, but it is probably seen as just a novelty for most, which doesn't garner such a price point. Their focus on Snapchat also might have been narrowing to the market.  (I had no clue and just looked into it myself. I got my kids one the spy glasses a few years ago.)"}
{"_id": "338582", "title": "", "text": "Checkout the worksheet on page 20 of Pub 535.  Also the text starting in the last half of the third column of page 18 onward. https://www.irs.gov/pub/irs-pdf/p535.pdf The fact that you get a W-2 is irrelevant as far as I can see.  Your self-employment business has to meet some criteria (such as being profitable) and the plan needs to be provided through your own business (although if you're sole proprietor filing on Schedule C, it looks like having it in your own name does the trick).  Check the publication for all of the rules. There is this exception that would prevent many people with full-time jobs on W-2 from taking the deduction: Other coverage. You cannot take the deduc\u00adtion for any month you were eligible to partici\u00adpate in any employer (including your spouse's) subsidized health plan at any time during that month, even if you did not actually participate. In addition, if you were eligible for any month or part of a month to participate in any subsidized health plan maintained by the employer of ei\u00adther your dependent or your child who was un\u00adder age 27 at the end of 2014, do not use amounts paid for coverage for that month to fig\u00adure the deduction. (Pages 20-21).  Sounds like in your case, though, this doesn't apply. (Although your original question doesn't mention a spouse, which might be relevant to the rule if you have one and he/she works.) The publication should help.  If still in doubt, you'll probably need a CPA or other professional to assess your individual situation."}
{"_id": "338606", "title": "", "text": "Before doing anything else: you want a lawyer involved right from the beginning, to make sure that something reasonable happens with the house if one of you dies or leaves. Seriously, you'll both be safer and happier if it's all explicit. How much you should put on the house is not the right question. Houses don't sell instantly, and while you can access some of their stored value by borrowing against them that too can take some time to arrange. You need to have enough operating capital for normal finances, plus an emergency reserve to cover unexpectedly being out of work or sudden medical expenses. There are suggestions for how much that should be in answers to other questions. After that, the question is whether you should really be buying a house at all. It isn't always a better option than renting and (again as discussed in answers to other questions) there are ongoing costs in time and upkeep and taxes and insurance. If you're just thinking about the financials, it may be better to continue to rent and to invest the savings in the market. The time to buy a house is when you have the money and a reliable income, plan not to move for at least five years, really want the advantages of more elbow room and the freedom to alter the place to suit your needs (which will absorb more money)...  As far as how much to put down vs. finance: you really want a down payment of at least 20%. Anything less than that, and the bank will insist you pay for mortgage insurance, which is a significant expense. Whether you want to pay more than that out of your savings depends on how low an interest rate you can get (this is a good time in that regard) versus how much return you are getting on your investments, combined with how long you want the mortgage to run and how large a mortgage payment you're comfortable committing to. If you've got a good investment plan in progress and can get a mortgage which charges a lower interest rate than your investments can reasonably be expected to pay you, putting less down and taking a larger mortgage is one of the safer forms of leveraged investing... IF you're comfortable with that. If the larger mortgage hanging over you is going to make you uncomfortable,  this might not be a good answer for you. It's a judgement call. I waited until i'd been in out of school about 25 years before I was ready to buy a house. Since i'd been careful with my money over that time,  I had enough in investments that I could have bought the house for cash. Or I could have gone the other way and financed 80% of it for maximum leverage. I decided that what I was comfortable with was financing 50%. You'll have to work thru the numbers and decide what you are comfortable with. But I say again, if buying shared property you need a lawyer involved. It may be absolutely the right thing to do ... but you want to make sure everything is fully spelled out... and you'll also want appropriate terms written into your wills. (Being married would carry some automatic assumptions about joint ownership and survivor rights... but even then it's safer to make it all explicit.) Edit: Yes, making a larger down payment may let you negotiate a lower interest rate on the loan. You'll have to find out what each bank is willing to offer you, or work with a mortgage broker who can explore those options for you."}
{"_id": "338615", "title": "", "text": "Colonic Hydrotherapy is an internal bath to help cleanse the colon (large intestine) of poisons, gas, accumulated faucal matter, harmful bacteria and mucus deposits. Filtered water is gently introduced into the colon and special massage techniques are used to help to expel waste products and compacted deposits. Colonic Hydrotherapy has been practiced for thousands of years and has its origins in Egypt, Greece and India. It is an integral part of a modern naturopathic approach to health and was used in hospitals until the 1970's. It is a very safe and gentle treatment and it is ultimate detox."}
{"_id": "338618", "title": "", "text": "So the reason that money disappeared is that someone was charitable? In your example of making 12 non-printed Loddars, the farmer gained meat and the hunter gained shoes, but the shoemaker never got his apples - he just lost shoes.    It seems that value never disappeared from the planet. It is just that some got more than some others.    So is the reason that countries suffer financial problems the gap between the rich and the poor?"}
{"_id": "338646", "title": "", "text": "Because they could move, the same reason you don't raise it today. If demand for housing doesn't increase then if you raised your rent by 50% after minimum wage went up that much you would be well above the market rate. Also in your scenario you know your renters are minimum wage workers who just got a raise. Most landlords don't know that much detail about their renters finances."}
{"_id": "338663", "title": "", "text": "But.. what I really want to know.... is it illegal, particularly the   clause REQUIRING a trade in to qualify for the advertised price? The price is always net of all the parts of the deal. As an example they gave the price if you have $4000 trade in. If you have no trade in, or a trade in worth less than 4K, your final price for the new car will be more. Of course how do you know that the trade in value they are giving you is fair. It could be worth 6K but they are only giving you a credit of 4K. If you are going to trade in a vehicle while buying another vehicle the trade in should be a separate transaction. I always get a price quote for selling the old car before visiting the new car dealer. I do that to have a price point that I can judge while the pressure is on at the dealership.. Buying a car is a complex deal. The price, interest rate, length of loan, and the value of the trade in are all moving parts. It is even more complex if a lease is involved. They want to adjust the parts to be the highest profit that you are willing to agree to, while you think that you are getting a good deal. This is the fine print: All advertised amounts include all Hyundai incentives/rebates, dealer   discounts and $2500 additional down from your trade in value. +0% APR   for 72 months on select models subject to credit approval through HMF.   *No payments or 90 days subject to credit approval. Value will be added to end of loan balance. 15MY Sonata - Price excludes tax, title,   license, doc, and dealer fees. MSRP $22085- $2036 Dealer Discount -   $500 HMA Lease Cash - $500 HMA Value Owner Coupon - $1000 HMA Retail   Bonus Cash - $500 HMA Military Rebate - $500 HMA Competitive Owner   Coupon - $400 HMA College Grad Rebate - $500 HMA Boost Program - $4000   Trade Allowance = Net Price $12149. On approved credit. Certain   qualifications apply to each rebate. See dealer for details. Payment   is 36 month lease with $0 due at signing. No security deposit   required. All payment and prices include HMA College Grad Rebate, HMA   Military Rebate, HMA Competitive Owner Coupon and HMA Valued Owner   Coupon. Must be active military or spouse of same to qualify for HMA   Military Rebate. Must graduate college in the next 6 months or within   the last 2 years to qualify for HMA College Grad rebate. Must own   currently registered Hyundai to qualify for HMA Valued Owner Coupon.   Must own qualifying competitive vehicle to qualify for HMA Competitive   Owner Coupon."}
{"_id": "338666", "title": "", "text": "That Economist quote only offers a very weak argument.  It doesn't argue from anything fundemental, it just says they think corporations borrow too much and the tax-code should remove this insentive to borrow.  That's an arguement based on a feeling and weak.   There's absolutely a logical consistency to allow a deduction for interest at the corporate level and not dividends.  As mentioned, interest is an expense to a financier, dividends are distributed residual income."}
{"_id": "338676", "title": "", "text": "C\u00f3 nh\u1eefng ng\u01b0\u1eddi kinh doanh, \u0111\u1ea7u t\u01b0, giao d\u1ecbch ch\u1ec9 c\u00f3 thua l\u1ed7 \u2026 h\u1ecd kh\u00f4ng bi\u1ebft t\u1ea1i sao ? =&gt; Thuy\u1ebft Ng\u0169 H\u00e0nh c\u00f3 th\u1ec3 l\u00fd gi\u1ea3i nguy\u00ean nh\u00e2n cho ch\u00fang ta bi\u1ebft\u2026  L\u00e0m vi\u1ec7c g\u00ec c\u0169ng ph\u1ea3i thu\u1eadn theo t\u1ef1 nhi\u00ean th\u00ec m\u1edbi Th\u00e0nh C\u00f4ng !"}
{"_id": "338700", "title": "", "text": "It sounds like something is getting lost in translation here. A business owner should not have to pay personal income tax on business expenses, with the caveat that they are truly business expenses. Here's an example where what you described could happen: Suppose a business has $200K in revenue, and $150K in legitimate business expenses (wages and owner salaries, taxes, services, products/goods, etc.) The profit for this example business is $50K. Depending on how the business is structured (sole proprietor, llc, s-corp, etc), the business owner(s) may have to pay personal income tax on the $50K in profit. If the owner then decided to have the business purchase a new vehicle solely for personal use with, say, $25K of that profit, then the owner may think he could avoid paying income tax on $25K of the $50K. However, this would not be considered a legitimate business expense, and therefore would have to be reclassified as personal income and would be taxed as if the $25K was paid to the owner. If the vehicle truly was used for legitimate business purposes then the business expenses would end up being $175K, with $25K left as profit which is taxable to the owners. Note: this is an oversimplification as it's oftentimes the case that vehicles are partially used for business instead of all or nothing. In fact, large items such as vehicles are typically depreciated so the full purchase price could not be deducted in a single year. If many of the purchases are depreciated items instead of deductions, then this could explain why it appears that the business expenses are being taxed. It's not a tax on the expense, but on the income that hasn't been reduced by expenses, since only a portion of the big ticket item can be treated as an expense in a single year."}
{"_id": "338701", "title": "", "text": "I'm not familiar with Gnucash, but I can discuss double-entry bookkeeping in general. I think the typical solution to something like this is to create an Asset account for what this other person owes you. This represents the money that he owes you. It's an Accounts Receivable. Method 1: Do you have/need separate accounts for each company that you are paying for this person? Do you need to record where the money is going? If not, then all you need is: When you pay a bill, you credit (subtract from) Checking and debit (add to) Friend Account. When he pays you, you credit (subtract from) Friend Account and debit (add to) Checking. That is, when you pay a bill for your friend you are turning one asset, cash, into a different kind of asset, receivable. When he pays you, you are doing the reverse. There's no need to create a new account each time you pay a bill. Just keep a rolling balance on this My Friend account. It's like a credit card: you don't get a new card each time you make a purchase, you just add to the balance. When you make a payment, you subtract from the balance. Method 2: If you need to record where the money is going, then you'd have to create accounts for each of the companies that you pay bills to. These would be Expense accounts.  Then you'd need to create two accounts for your friend: An Asset account for the money he owes you, and an Income account for the stream of money coming in. So when you pay a bill, you'd credit Checking, debit My Friend Owes Me, credit the company expense account, and debit the Money from My Friend income account.  When he repays you, you'd credit My Friend Owes Me and debit Checking. You don't change the income or expense accounts. Method 3: You could enter bills when they're received as a liability and then eliminate the liability when you pay them. This is probably more work than you want to go to."}
{"_id": "338703", "title": "", "text": "\"So you're making $150,000 per year and you have $245,000 in debts. You're in your late 30s and have $41,000, or less than 1/3 of a year's pay, put away for retirement. That's a bad situation, but not disastrous. Lots of people have recovered from far worse. But like the old joke goes, when you realize that you're deep in a hole, STOP DIGGING. The worst thing you could do right now is liquidate the few assets you have and go deeper into debt. I don't know where you live or what the housing market is there. But the easy answer is: find a cheaper house.  I'm not sure what you mean about \"\"affect the resale value\"\". Yes, if you buy a cheaper house it will have a lower resale value. So what? The days when a house was an investment that would skyrocket in value are over. (And even in those days, it didn't help most people. So when you move, you get a big profit on the sale of your house. But the house you're moving to probably went up by a similar percentage, so you really didn't gain anything.) Even if your house did increase in value, unless you sell it, that doesn't help you make the mortgage payments. It's a paper profit. Get yourself out of debt. Step 1 is to stop taking on new debts. And if at all possible, you should be putting bare minimum 6% into your retirement plan. I don't know where you work, but most employers match some percentage of the first 6% you put in. If you don't take advantage of that, you're giving up free money.\""}
{"_id": "338707", "title": "", "text": "If you are not working, I believe you would be getting some money from your family to meet your expenses. In such a case, I would start with maintaining a Cash A/c which would list your monthly expenses and the money you received, which is what I used to do at your age. You can maintain it in a notebook with pen/pencil or using online tools such as Google Sheets. Enter each expense entries each day as debits and entries towards any money you receive as credits. At the end of the month, tally them and see how much you have left. Also, this gives you a clear picture of where your expenses are what is that you can avoid. On longer term, this can help you form an annual budget for your personal finances."}
{"_id": "338708", "title": "", "text": "Quant here  The best undergrad for getting into MFE is mathematics, second best physics, etc... I think you get the trend here.  There are computational finance PhDs which blend math, finance and programming which IMO are a much better value for money (because they are free). Also masters level courses concentrate on breadth rather than depth. They are good for consulting, starting out at a desk etc.. PhD programs are for academics and for more in depth model building.  Take math, lots of it. Use your summers to get internships and built networks and experience."}
{"_id": "338712", "title": "", "text": "\"What do you mean \"\"Not Coming Back\"\"? It seems to be coming back to 1990 prices, but not fast enough. I'd love to see it come back to 1970 prices.  I don't understand it when people say that \"\"Housing\"\" is not improving, when prices go lower. When gas is cheaper, as far as my budget is concerned, it's improving! When food is cheaper, it's also improving! Of course, this is assuming it's really cheaper and not some artifact of unhealthy bioengineering, war, or simply costing \"\"fewer US dollars\"\" due to fiscal manipulation. Housing improves when prices go down, because it improves my chances of being able to afford one.  If lower prices are caused by demographics, student debt, and no jobs - I say, it can't come soon enough. I want it!\""}
{"_id": "338713", "title": "", "text": "Not limiting... I just would not excel at that. I learn socializing a lot slower than others, I like being honest and straight forward above manipulating people with psychology. Heck, I'd say I'm on the spectrum. It goes against what I am to be managing people. It goes against what I believe.  It is a shame the world thinks such paths are superior."}
{"_id": "338719", "title": "", "text": "So they created a product that was almost guaranteed to fail for retail investors over time.  In other words, they created a vehicle to allow gambling, and they were the house. They were then fined $3.5m for doing so.    Add that to the sheer number of cons they've been running, and you have regulator capture at its finest.  They are not affraid of being caught, and they are brazen in the scope.  It's time to break them up.   &gt; It's the latest black eye for Wells Fargo. Over the past 13 months, the bank has admitted opening 3.5 million potentially fake customer accounts, forcing up to 570,000 borrowers into unneeded car insurance, and wrongly charging homebuyers fees to lock in mortgage rates."}
{"_id": "338721", "title": "", "text": "I agree minimum wage shouldn't be thag high because it takes away the motive to improve and cuts profits. As some one who eorks those jobs very little actual skill is required besides not yelling back st people when their rude. Not that hard"}
{"_id": "338724", "title": "", "text": "I do not think the bank would consider the 52K as equity.   Typically, a rent-to-own lease is technically a lease-option contract where you lease for a fixed amount and at some point during the lease you have the option to buy it at a discounted price.   I think the bank would consider it a negotiated price.   I know that those down payment assistance plans are considered price negotiation by the IRS for the purpose of basis cost and I suspect this would be similar where your basis is $236,800 and not $296,000."}
{"_id": "338727", "title": "", "text": "You have to call Interactive Brokers for this. This is what you should do, they might even have a web chat. These are very broker specific idiosyncrasies, because although margin rules are standardized to an extent, when they start charging you for interest and giving you margin until settlement may not be standardized. I mean, I can call them and tell you what they said for the 100 rep."}
{"_id": "338754", "title": "", "text": "Yes. Wash rules are only for losses."}
{"_id": "338782", "title": "", "text": "Any portfolio, even one composed of risk-free assets is subject to risk. That said, to short an equity without margin risk, puts can provide.  To replicate a short without excess margin, an at the money put should be used.  To take on less leverage, a deep in the money put can be used.  Puts are not available on equities deemed illiquid by regulation. A long/short portfolio can help mitigate variance risk, but then the problem becomes the risk of a lack of volatility since options decline in value over time and without a beneficial change in the underlying."}
{"_id": "338784", "title": "", "text": "No matter what, it is never a bad decision to go 100% debt free.  However, you can make debt work in your favor in some cases (investments, education, etc.), but you need to approach it with a plan and long term strategy. Interest, fees, and loss of value can quickly eat up any gains."}
{"_id": "338796", "title": "", "text": "\"Yes, it's normal. If you \"\"buy\"\" your own disability insurance with after tax money, any payout you get is non taxable. If your employer \"\"buys\"\" your disability insurance with their own money, any payout you get is taxable. Since the payout is not 100% of your pre-disability income, most folks strongly prefer that the payout be non taxable. To achieve this, I pay the premiums on behalf of my employees (including myself) and then add that premium to their salary as a taxable benefit. In effect I paid it to them, then took it from them and used it to buy the insurance. (It has no impact on my corporate taxes since I can either deduct premiums or salaries, same either way.) This ensures they won't pay tax if they should collect. And I have had people collect, and it was non-taxable to them.\""}
{"_id": "338803", "title": "", "text": "All websites pull Statement data line by line from central databases.  They get to choose which line items to pull, and sometimes they get the plus/minus wrong and sometimes the Statements they recreate don't add up.  Nothing you can do about it.  All the sites have problems.  I personally think the best is Morningstar eg http://financials.morningstar.com/income-statement/is.html?t=POT&region=can&culture=en-US Use these summary sites at the start of your decision process, but later confirm the facts straight from the Edgar or Sedar for Cdn companies http://www.sedar.com/search/search_form_pc_en.htm"}
{"_id": "338825", "title": "", "text": "The only way I could see you fighting this is by saying that portion of the contract is unenforceable.   Contracts are only allowed to cover reasonable things. You can't demand someones first born child (illegal) and can't demand they fly to the moon magically (improbability). So the gambit here would be saying that its impossible for people to control what their guests do after staying somewhere. Counter would be: you shold make your guests sign contracts.  Another argument  could be that since the hotel never mentioned any time limits, its overbearing to essentially say 'you can never say anything bad about us *for the rest of time*'."}
{"_id": "338898", "title": "", "text": "Unfortunately, I can't simply write a check. Why not? Getting a certified check or a money draft from your original bank would be the safest way of transferring money.  You can also get it wired directly -- talk to your new bank and see if they can get something set up for you."}
{"_id": "338899", "title": "", "text": "\"Meh, not really.  While there was some idea that housing prices would continue to rise forever, the packaging of bad loans has nothing to do with optimism, that's outright fraud. If you really want to stretch the definition, you might be able to say they had a fantasy that they weren't going to get caught because...well they hadn't for nearly two decades.  Honestly though, just google \"\"fraud housing market\"\" or \"\"mortgage banks\"\" and you'll find more than enough direct proof of fraud and deception.\""}
{"_id": "338909", "title": "", "text": "I second @DumbCoder, every company seems to have its own way of displaying the next dividend date and the actual dividend. I keep track of this information and try my best to make it available for free through my little iphone web app here http://divies.nazabe.com"}
{"_id": "338925", "title": "", "text": "\"I'm curious and surprised its to their advantage to do this in the US  adding: is the US \"\"buying work\"\" via some kind of massive governmental support, similar to Foxconn's new microchip plant in Wisconsin, where [Wisconsin is paying ~237K per job](https://www.washingtonpost.com/news/wonk/wp/2017/07/27/foxconn-deal-would-cost-wisconsin-230700-per-worker/?utm_term=.0932614d3329&amp;tid=sm_tw) and [Foxconn is exempt from environmental law?](https://www.wpr.org/wisconsin-foxconn-deal-waives-environmental-regulations)\""}
{"_id": "338931", "title": "", "text": "If I could get places without driving myself, I definitely would. This country is beautiful when seen from the road, but to really see it well, you have to be the passenger, not the driver. The driver has to keep his or her eyes on the road and only glance at scenery. The passengers can look at whatever they want or do whatever they want.  Bring on the self-driving cars!"}
{"_id": "338943", "title": "", "text": "Yes you can't simply withdraw your super until you are aged 60 (and that may go up slightly on Budget night 13/05/14). But you can roll it over into a SMSF where you decide where you invest your super funds. However, I would advise against you starting a SMSF at this early age with a very small super fund account. The Admin. and audit fees would eat your super account up in one year. It is recommended that you have at least $300,000 to $400,000 in super fund assets before starting a SMSF to make the fees competitive and efficient. Now if you are with a partner and start a SMSF together, then it is your combined funds that need to be over the $300K mark (a SMSF can have between 1 to 4 members). The cheapest fund I could find was First State Super. The fees are $52 + 0.64% per year (for the High Growth option). So for a balance of $1000 you would pay $58.40 or 5.84% per year. The High Growth Investment Option has returned 18.4% over the last year, 12.7% pa over the last 5 years, and 8.2% pa over the last 10 years (which includes the period covering the GFC). So even with a small balance of $1000 your super investment will still continue to grow. If you could slowly grow your super account to $2000 your fees would be $64.80 or 3.24%, and at $3000 balance your fees would be $71.20 or 2.37%. The great thing about super is the tax advantages. You may be complaining now about fees on a small balance, and yes you should try to minimise these fees, not only when you have a small balance but also when your balance is larger, but the tax advantages available through superannuation will really come into play when you are on a high income paying the tax at or near the highest marginal tax rate. Compare the top marginal tax rate (plus Medicare Levy) at 46.5% compared to the tax rate of 15% on super contributions and investment returns. And it gets better, when you retire and take a pension or lump sum from your super after age 60 you pay zero tax on the income stream or lump sum. and you also pay zero tax on any ongoing investment returns in your super. The benefits of superannuation are numerous, and the best way to reduce your fees for now is to find a fund with lowest fees, try to increase your balance so your percentage fees go down, and try to consolidate all your super funds into the one with the lowest fees, if you have more than one super fund."}
{"_id": "338953", "title": "", "text": "You can find the details in the IRS instructions for the form 5405. Summary - you have to repay the credit if you move, even if it is because you were laid off. However, if you sell the house, the repayment is limited by your gains. If you sell at a loss - you don't need to repay. Also, if you die, you don't have to repay, don't know if it helps."}
{"_id": "338962", "title": "", "text": "Commonly recommended books:  Intelligent Investor - Graham One Up On Wall Street - Lynch The Essays of Warren Buffett : Lessons for Corporate America - Cunningham   Graham's book should be mandatory reading for this sub. Lynch's book talks about leveraging your personal expertise to make intelligent investment choices. Cunningham's is a compilation of Warren Buffett's letters to shareholders of BH with some commentary. It covers a wider range of material, but the lessons on corporate governance are very useful when doing valuation."}
{"_id": "338976", "title": "", "text": "\"Seriously.  I can't tell you how many times I hear this scenario: Kid graduates college; kid runs out and signs lease on apartment \"\"because that's what you do\"\"**; kid complains that he's in financial trouble and can't make ends meet.   Housemate sharing is most famously displayed in hit shows like Big Bang Theory or New Girl.  They get a much nicer place with better furnishings for way less money.  (However don't hook up with close neighbors or friends of other housemates, they do it for awkward laughs but it really results in awkward departure.)  It's more financially responsible.  It means the rest of your financial life will have more slack.  And when you move, obviously, it's no big deal, you just give all the notice you can, and go to the next town and find another housemate share.   ** I suspect a very significant factor is bringing home dates.  Well, there's nothing sexy about taking your date to McDonalds because you can't afford anything more.  See those shows... it works fine, you just have to be sensible about housemate choices.  Pick housemates who view things the same way, and who themselves are invested in making the shared space attractive, and aren't going to mind some ...activities... once in awhile.\""}
{"_id": "338987", "title": "", "text": "Roofs will always need repairs. These jobs cant be outsourced. But we found a way to bring people here to take them from Americans.   These are the exact jobs we need to protect.   Cut off the foreign labor, raise the wages, then prices, and we will all pay because we have to. But more Americans will have good jobs."}
{"_id": "339007", "title": "", "text": "It's the direct result of shareholders insisting their capital must return the absolute maximum possible yield, which means leaving workers incomes behind, among other nasty things.  We forget, that American citizens *allow* corporations to exist, for the benefit of society."}
{"_id": "339017", "title": "", "text": "\"Coming from someone who has worked a in the account servicing department of an actual bank in the US, other answers are right, this is probably a scam, the phone number on the letter is probably ringing to a fraudulent call center (these are very well managed and sound professional), and you must independently locate and dial the true contact number to US Bank. NOW. Tell them what happened. Reporting is critical. Securing your money is critical. Every piece of information you provided \"\"the bank\"\" when you called needs to be changed or worked around. Account numbers, passwords, usernames, card numbers get changed. Tax ID numbers get de-prioritized as an authentication mechanism even if the government won't change them. The true bank probably won't transfer you to the branch. If the front-line call center says they will, ask the person on the phone what the branch can do that they cannot. Information is your friend. They will probably transfer you to a special department that handles these reports. Apparently Union Bank's call center transfers you to the branch then has the branch make this transfer. Maybe their front-line call center team is empowered to handle it like I was. Either way, plug your phone in; if the call takes less than 5 minutes they didn't actually do everything. 5 to 8 minutes per department is more likely, plus hold time. There's a lot of forms they're filling out. What if that office is closed because of time differences? Go online and ask for an ATM limit increase. Start doing cash advances at local banks if your card allows it. Just get that money out of that account before it's in a fraudsters account. Keep receipts, even if the machine declines the transaction. Either way, get cash on hand while you wait for a new debit card and checks for the new account you're going to open. What if this was fraud, you draw your US Bank account down to zero $800 at a time, and you don't close it or change passwords? Is it over? No. Then your account WILL get closed, and you will owe EVERYTHING that the fraudsters rack up (these charges can put your account terrifyingly far in the negative) from this point forward. This is called \"\"participation in a scam\"\" in your depository agreement, because you fell victim to it, didn't report, and the info used was voluntarily given. You will also lose any of your money that they spend. What if US Bank really is closing your account? Then they owe you every penny you had in it. (Minus any fees allowed in the depository agreement). This closure can happen several days after the date on the warning, so being able to withdraw doesn't mean you're safe. Banks usually ship an official check shipped to the last known address they had for you. Why would a bank within the United States close my account when it's not below the minimum balance? Probably because your non-resident alien registration from when you were in school has expired and federal law prohibits them from doing business with you now. These need renewed at least every three years. Renewing federally is not enough; the bank must be aware of the updated expiration date. How do I find out why my account is being closed? You ask the real US Bank. They might find that it's not being closed. Good news! Follow the scam reporting procedure, open a new account (with US Bank if you want, or elsewhere) and close the old one. If it IS being closed by the bank, they'll tell you why, and they'll tell you what your next options are. Ask what can be done. Other commenters are right that bitcoin activity may have flagged it. That activity might actually be against your depository agreement. Or it set off a detection system. Or many other reasons. The bank who services your account is the only place that knows for sure. If I offer them $500 per year will they likely keep the account opened? Otherwise I got to go to singapore open another account Legitimate financial institutions in the United States don't work this way. If there is a legal problem with your tax status in the US, money to the bank won't solve it. Let's call the folks you've talked to \"\"FraudBank\"\" and the real USBank \"\"RealBank,\"\" because until RealBank confirms, we have no reason to believe that the letter is real.  FraudBank will ask for money. Don't give it. Don't give them any further information. Gather up as much information from them as possible instead. Where to send it, for example. Then report that to RealBank. RealBank won't have a way to charge $500/year to you only. If they offer a type of account to everyone that costs $500, ask for the \"\"Truth in Savings Act disclosures.\"\" Banks are legally required to provide these upon request. Then read them. Don't put or keep your money anywhere you don't understand.\""}
{"_id": "339024", "title": "", "text": "It is supported by inflation and historical values. if you look at real estate as well as the stock market they have consistently increased over a long period of history even with short term drops. It is also based on inflation and the fact that the price of land and building material has increased over time."}
{"_id": "339028", "title": "", "text": "\"Okay, so you don't know what other options are available, understood. No need to be a dick. In other industries, deals and transactions are invalidated, reversed, refunded or other measures taken all the time when they're based on invalid information. Hence, why I was asking what options there are for these situations. I know that if I saw CSCO go down 40% and the info scanned on official sources that I would dump a ton of money into buying it up if I had it available. I mean, hell, it's Cisco Systems who practically owns the internet. They'll be back up from that hit and fairly quickly. To find out that was all just because some over-worked programmer put a comma where there should have been a period would have me on the warpath if trend was actually the other way. With the amount of money that flows through such a system, there has to be some kind of process for dealing with these things. If you don't know, then no worries. There's no need to jump on me for asking a question when a simple \"\"I don't know\"\" would suffice.\""}
{"_id": "339030", "title": "", "text": "I disagree with the reply.   Your both impressions are correct. -   Do not close old credit cards because they keep your credit rating high (fico score) -   Also low utilization that credit cards report to credit rating companies, improves your rating."}
{"_id": "339042", "title": "", "text": "Then tax the 1% and tell the NY government to knock it off with shitty building codes, you need more construction, right?    You getting upset with people maximizing their investments is futile.  If you own something, IT IS YOUR JOB TO MAXIMIZE ITS VALUE."}
{"_id": "339053", "title": "", "text": "10 year US Treasury bonds are currently yielding 3.46%. If you're offered an investment that looks better than that, you should ask yourself why big investors are putting their money in US Treasuries instead of what you've been offered. And obviously at 3.46% per year, you're not going to get rich quick -- it will take you over twenty years to double your money, and that's without allowing for inflation."}
{"_id": "339060", "title": "", "text": "&gt; You cant teach fantasy football.  &gt; I agree that it isn't worth much, but to speak as though its completely worthless is ignorant.    There are people who play daily fantasy football who earn a fortune.       There are people who major in English, and move onto very successful writing careers in many different areas.      Neither area is a very safe career to support a family.  Both are more small % of people making great incomes, and most making nothing."}
{"_id": "339074", "title": "", "text": "\"&gt; The latest outbreak was first noted by iwaspoisoned.com, a website that crowdsources reports of customer illnesses following visits to restaurants. The goal, it says, is \"\"safer food, safer communities and a healthier economy.\"\" Yet, as Bloomberg reported last week, hedge funds looking to profit from others' bad luck can also access a \"\"souped up\"\" version of the site for a $5,000 monthly fee. &gt;  &gt; Aaron Allen, principal at Aaron Allen &amp; Associates, a restaurant industry consultancy, posited in a LinkedIn post on Monday morning that the Chipotle illness might not just be a matter of luck. \"\"A lot of things stacked up that made it suspicious,\"\" he told Bloomberg in an interview on Monday, \"\"and when you look at it from a statistical point of view, even more suspicious.\"\"\""}
{"_id": "339106", "title": "", "text": "You aren't getting a straight answer because nobody knows why those regulations are the way they are. Everyone has to give this information to open the brokerage account or for any access to the US financial system whether it is with a bank account, or a brokerage account. Everyone also typically gives this information to their employer to be employed at all for IRS regulations. The SEC isn't going to do anything with the data, unless you do something illegal related to the stock market, then they will know who you are. The IRS isn't going to do anything with the data, unless you are noncompliant in paying taxes, then they will know who you are."}
{"_id": "339115", "title": "", "text": "\"It certainly seems like you are focusing on the emotional factors.  That's your blind spot, and it's the surest path to a situation where your husband gets to say \"\"I told you so\"\".  I recommend you steer straight into that blind spot, and focus your studies on the business aspects of buying and owning homes.   You should be able to do spreadsheets 6 ways from Sunday, be able to recite every tax deduction you'll get as a homeowner, know the resale impacts of 1 bathroom vs 2, tell a dirty house from a broken house, etc.  Everybody's got their favorites, mine are a bit dated but I like Robert Irwin and Robert Allen's books.  For instance: a philosophy of Allen's that I really like: never sell.  This avoids several problems, like the considerable costs of money, time and nerves of actually selling a house, stress about house prices, mistaking your house's equity for an ATM machine, and byzantine rules for capital gains tax mainly if you rent out the house, which vary dramatically by nation.  In fact the whole area of taxes needs careful study.  There's another side to the business of home ownership, and that's renting to others.  There's a whole set of economics there - and that is a factor in what you buy.  Now AirBNB adds a new wrinkle because there's some real money there.  Come to understand that market well enough to gauge whether a duplex or triplex will be a money maker.  Many regular folk like you have retired early and live off the rental income from their properties.  JoeTaxpayer has an interesting way of looking at the finances of housing: if a house doesn't make sense as a a rental unit, maybe it doesn't make sense as a live-in either.   So learn how to identify those fundamentals - the numbers.  And get in the habit of evaluating houses.  Work it regularly until it's second nature.  Then, yes, you'll see houses you fall in love with, partly because the numbers work.  It also helps to be handy.  It really, really changes the economics if you can do your own quality work, because you don't need to spend any money on labor to convert a dirty house into a clean house.  And lots of people do, and there's a whole SE just for that.  There is a huge difference between going down to the local building supply and getting the water pipe you need, vs. having to call a plumber.  And please deal with local businesses, please don't go to the Big Box stores, their service is abominable, they will cheerfully sell you a gadget salad of junk that doesn't work together, and I can't imagine a colder and less inviting scene to come up as a handy person.\""}
{"_id": "339119", "title": "", "text": "Furthermore, in 2003 when the Nissan plant expanded in Canton, MS (suburb of Jackson), which is a very similar job market to Montgomery, AL, three times as many people [applied](http://www.freerepublic.com/focus/f-news/837740/posts). Keep in mind that the job market was pretty good in Jackson at the time. Basically, they open these plants in the South where labor is cheap and Union strength is low. For the applicants, one of these jobs could be the key to a better future due to a pay rate that is much higher than the local average. Not only is this the case for uneducated and unskilled workers, but it is even attractive to those who are educated and likely underpaid due to the economics of the region.  TL;DR Nothing to see [here](http://www.dailykos.com/story/2012/05/30/1096008/-When-good-jobs-are-available-the-queue-goes-around-the-block)..."}
{"_id": "339136", "title": "", "text": "\"&gt;&gt; So, for every trading partner, you need a unique EDI process.  &gt; You don't have EDI operators in US?   Trust me: those \"\"EDI operators\"\" (called \"\"EDI Service Bureaus\"\" in the US) have a unique EDI map for each trading partner, because, as I said, each trading partner sends the EDI data in a completely different way.  And EDI service Bureaus charge $$$ per message... so a lot of businesses who are heavy into EDI (like my company) find it more cost effective to have in-house EDI operation.  Also, once the custom EDI map is done, it will probably be used with no changes for the next 10 years... at least...  &gt; In our process we ideally have PO number...  Even if you have a PO number, each supplier sends the EDI invoice in a totally different format.  In any case, freight invoices have to be matched to warehouse freight records, goods-receipt invoices have to be verified against receiving in the warehouse, office supplies invoices have to be reviewed to make sure allowed items were ordered, charges for temporary labor have to be approved by hiring managers, invoices for legal work have to be matched Matter cases, etc.  Shortly, invoices from suppliers are for many different types of services handled by many different departments.\""}
{"_id": "339137", "title": "", "text": "\"Boston here. Cabs here are incredibly overpriced and hard to find outside out a few areas which always have cabs in them. Dispatchers are slow, rude and cabs dont always turn up. Uber has been a breath of fresh air in this neighborhood from a consumer POV.  That being said - this stuff with Lyft is some underhanded bullshit. Uber has positive PR already from consumers, which is why they're able to be a business as well as an advocacy group for breaking down taxi monopolies. This kind of shit would put them on the wrong side of consumers, who atleast in the Boston area more or less view them as the \"\"good guys\"\".\""}
{"_id": "339169", "title": "", "text": "It depends on what your goals are, your age, how much debt you have, etc. Assuming -- and we all know what happens when you assume -- that your financial life is otherwise in order, the 5% to 10% range you're talking about isn't overinvesting.  You won't have a lot of company; most people don't own any. One comment on this part: I have some gold (GLD), but not much ... Gold and GLD are not the same thing at all.  Owning shares of the SPDR Gold Trust is not the same thing as owning gold coins or bars.  You're achieving different ends by owning GLD shares as opposed to the physical yellow metal.  GLD will follow the spot price of gold pretty closely, but it isn't the same thing as physical ownership."}
{"_id": "339181", "title": "", "text": "sure, thats the whole purpose of getting yourself to a point where you can run a business    to take that away because it causes an 'imbalance' is like taking away someones savings because its not fair that they have money to bargain with against someone who has no savings"}
{"_id": "339235", "title": "", "text": "I'd contact paypal to request clarification.  In the meantime, most banks will credit outgoing transfers immediately but process later, and only debit incoming after it passes through a processing team. So while the money will go out right away it may take a few days for your bank to actually process the withdrawal and the subsequent reversal from Paypal. In reality Paypal doesn't usually recieve the money immediately either, but they extend you credit to speed up things. Either way, it doesn't hurt to contact Paypal to make sure they have reverted the amount to your bank, and if they confirm such you can also reach out to your bank and ask where the money is stuck. Usually delays like this will happen in the interface between two unrelated financial institutions."}
{"_id": "339249", "title": "", "text": "It depends.  If you\u2019re a lowly peon, bankrupting is bad because you deprive the hard-working bourgeois who have worked very hard to give you some debt, and by not repaying your debt to them, you are punishing their business success and depriving them of their rightfully owned interest (and principal). And this is not moral at all, as this is highly frowned upon by the lord Jesus Christ himself.  However, if you\u2019re a big croporation, bankrupcy is good because it enables you to restructure your financial environment to insure a better efficiency in maximizing the debt-to-equity ratio of your stakeholders without tying them up with excessive liability that would be detrimental to their cash flow positivity."}
{"_id": "339256", "title": "", "text": "In the world, are large market segments where many motorcycle investor and motorcycle showroom, where are available all types motorcycle. If you are looking for Antique Indian motorcycle to improve a vintage motorcycle you have obtained, then \u201cGeloman\u2019s Indian Spares\u201d is the best platform for you! Our workshop is great locations for all Indian motorcycle spare parts collectible products to show up. We have many years of working experience in selling quality spare parts and classy motorcycle at an affordable price."}
{"_id": "339268", "title": "", "text": "\"You cannot determine this solely by the ticker length. However, there are some conventions that may help steer you there. Nasdaq has 2-4 base letters BATS has 4 base letters NYSE equity securities have 1-4 base letters. NYSE Mkt (formerly Amex) have 1-4 base letters. NYSE Arca has 4 base letters OTC has 4 base letters. Security types other than equities may have additional letters added, and each exchange (and data vendors) have different conventions for how this is handled. So if you see \"\"T\"\" for a US-listed security it would be only be either NASDAQ, NYSE or NYSE Mkt. If you see \"\"ANET\"\" then you cannot tell which exchange it is listed on.  (In this case, ANET Arista Networks is actually a NYSE stock). For some non-equity security types, such as hybrids, and debt instruments, some exchanges add \"\"P\"\" to the end for \"\"preferreds\"\" (Nasdaq and OTC) and NYSE/NYSE Mkt have a variety of methods (including not adding anything) to the ticker.  Examples include NYSE:TFG, NYSEMkt:IPB, Nasdaaq: AGNCP, Nasdaq:OXLCN.  It all becomes rather confusing given the changes in conventions over the years. Essentially, you require data that provides you with ticker, listing location and security type. The exchanges allocate security tickers in conjunction with the SEC so there are no overlaps.  eg. The same ticker cannot represent two different securities. However, tickers can be re-used.  For example, the ticker AB has been used by the following companies:\""}
{"_id": "339269", "title": "", "text": "If you lived in a gang banger / drug dealer's house, ate his food, watched his TV, wore the clothes he provides, *while* being a legal adult fully able to move out and be independent if one chooses... wouldn't that *imply* acceptance and approval of the person's drug dealing lifestyle?"}
{"_id": "339282", "title": "", "text": "A quick search shows that https://www.westernunion.com/de/en/send-money/start.html says they will transfer \u20ac5,000 for a cost of \u20ac2.90. Assuming you can do a transfer every week, that would be six weeks at a cost of \u20ac17.40. \u20ac17.40 is slightly less than \u20ac1,500.00. I'm sure there are more ways."}
{"_id": "339287", "title": "", "text": "It's interesting how the sentiment of a thread or phrasing of content affects voting. I basically said:  &gt; If a company wants to take advantage of the infrastructure (e.g. police, fire department, legal system, roads, street cleaning, clean water, etc.) then they should pay their fair share. What's so hard to understand about that?  Yet that gets way up and mine goes way down. Just interesting."}
{"_id": "339295", "title": "", "text": "The interest on a loan secured by a rental property is not deductible at all. The interest on a loan used to buy (or improve) the rental property is deductible, regardless of where you got it from (you can take money from your credit card to buy a rental - it will be deductible). The deductability is per the use of the money, not the source, with the cash-out up to 100K from your primary residence being the notable exception."}
{"_id": "339326", "title": "", "text": "\"There are a few questions that need qualification, and a bit on the understanding of what is being 'purchased'. There are two axioms that require re-iteraton, Death, and Taxes. Now, The First is eventually inevitable, as most people will eventually die. It depends what is happening now, that determines what will happen tomorrow, and the concept of certainty. The Second Is a pay as you go plan. If you are contemplating what will heppen tomorrow, you have to look at what types of \"\"Insurance\"\" are available, and why they were invented in the first place. The High seas can be a rough travelling ground, and Not every shipment of goods and passengers arrived on time, and one piece. This was the origin of \"\"insurance\"\", when speculators would gamble on the safe arrival of a ship laden with goods, at the destination, and for this they received a 'cut' on the value of the goods shipped. Thus the concept of 'Underwriting', and the VALUE associated with the cargo, and the method of transport. Based on an example gallion of good repair and a well seasoned Captain and crew, a lower rate of 'insurance' was deemed needed, prior to shipment, than some other 'rating agency - or underwriter'. Now, I bring this up, because, it depends on the Underwriter that you choose as to the payout, and the associated Guarantee of Funds, that you will receive if you happen to need to 'collect' on the 'Insurance Contract'. In the case of 'Death Benefit' insurance, You will never see the benefit, at the end, however, while the policy is in force (The Term), it IS an Asset, that would be considered in any 'Estate Planning' exercise. First, you have to consider, your Occupation, and the incidence of death due to occupational hazards. Generally this is considered in your employment negotiations, and is either reflected in the salary, or if it is a state sponsored Employer funded, it is determined by your occupational risk, and assessed to the employer, and forms part of the 'Cost-of-doing-business', in that this component or 'Occupational Insurance' is covered by that program. The problem, is 'disability' and what is deemed the same by the experience of the particular 'Underwriter', in your location. For Death Benefits, Where there is an Accident, for Motor Vehicle Accidents (and 50,000 People in the US die annually) these are covered by Motor Vehicle Policy contracts, and vary from State to State. Check the Registrar of State Insurance Co's for your state to see who are the market leaders and the claim /payout ratios, compared to insurance in force.  Depending on the particular, 'Underwiriter' there may be significant differences, and different results in premium, depending on your employer. (Warren Buffet did not Invest in GEICO, because of his benevolence to those who purchase Insurance Policies with GEICO). The original Poster mentions some paramaters such as Age, Smoking, and other 'Risk factors'.... , but does not mention the 'Soft Factors' that are not mentioned.  They are, 'Risk Factors' such, as Incidence of Murder, in the region you live, the Zip Code, you live at, and the endeavours that you enjoy when you are not in your occupation. From the Time you get up in the morning, till the time you fall asleep (And then some), you are 'AT Risk' , not from a event standpoint, but from a 'Fianancial risk' standpoint. This is the reason that all of the insurance contracts, stipulate exclusions, and limits on when they will pay out. This is what is meant by the 'Soft Risk Factors', and need to be ascertained. IF you are in an occupation that has a limited exposure to getting killed 'on the job', then you will be paying a lower premium, than someone who has a high risk occupation.  IT used to be that 'SkySkraper Iron Workers', had a high incidence of injury and death , but over the last 50 years, this has changed. The US Bureau of Labor Statistics lists these 10 jobs as the highest for death (per 100,000 workers). The scales tilt the other way for these occupations: (In Canada, the Cheapest Rate for Occupational Insurance is Lawyer, and Politician) So, for the rest in Sales, management etc, the national average is 3 to 3.5 depending on the region, of deaths per 100,000 employed in that occupation. So, for a 30 year old bank worker, the premium is more like a 'forced savings plan', in the sense that you are paying towards something in the future. The 'Risk of Payout' in Less than 6 months is slim. For a Logging Worker or Fisher(Men&Women) , the risk is very high that they might not return from that voyage for fish and seafood. If you partake in 'Extreme Sports' or similar risk factors, then consider getting 'Whole Term- Life' , where the premium is spread out over your working lifetime, and once you hit retirement (55 or 65) then the occupational risk is less, and the plan will payout at the age of 65, if you make it that far, and you get a partial benefit. IF you have a 'Pension Plan', then that also needs to be factored in, and be part of a compreshensive thinking on where you want to be 5 years from today.\""}
{"_id": "339327", "title": "", "text": "Would you mind adding where that additional value comes from, if not from the losses of other investors?  You asked this in a comment, but it seems to be the key to the confusion.   Corporations generate money (profits, paid as dividends) from sales.  Sales trade products for money.  The creation of the product creates value.  A car is worth more than General Motors pays for its components and inputs, even including labor and overhead as inputs.  That's what profit is:  added value.  The dividend is the return that the stock owner gets for owning the stock.   This can be a bit confusing in the sense that some stocks don't pay dividends.  The theory is that the stock price is still based on the future dividends (or the liquidation price, which you could also consider a type of dividend).  But the current price is mostly based on the likelihood that the stock price will increase rather than any expected dividends during ownership of the stock.   A comment calls out the example of Berkshire Hathaway.  Berkshire Hathaway is a weird case.  It operates more like a mutual fund than a company.  As such, investors prefer that it reinvest its money rather than pay a dividend.  If investors want money from it, they sell shares to other investors.  But that still isn't really a zero sum game, as the stock increases in value over time.   There are other stocks that don't pay dividends.  For example, Digital Equipment Corporation went through its entire existence without ever paying a dividend.  It merged with Compaq, paying investors for owning the stock.   Overall, you can see this in that the stock market goes up on average.  It might have a few losing years, but pick a long enough time frame, and the market will increase during it.  If you sell a stock today, it's because you value the money more than the stock.  If it goes up tomorrow, that's the buyer's good luck.  If it goes down, the buyer's bad luck.  But it shouldn't matter to you.  You wanted money for something.  You received the money.   The increase in the stock market overall is an increase in value.  It is completely unrelated to trading losses.  Over time, trading gains outweigh trading losses for investors as a group.  Individual investors may depart from that, but the overall gain is added value.   If the only way to make gains in the stock market was for someone else to take a loss, then the stock market wouldn't be able to go up.  To view it as a zero sum game, we have to ignore the stocks themselves.  Then each transaction is a payment (loss) for one party and a receipt (gain) for the other.  But the stocks themselves do have value other than what we pay for them.  The net present value of of future payments (dividends, buyouts, etc.) has an intrinsic worth.  It's a risky worth.  Some stocks will turn out to be worthless, but on average the gains outweigh the losses."}
{"_id": "339332", "title": "", "text": "The advice to invest in yourself is good advice. But the stock market can be very rewarding over the long pull. You have about 45 years to retirement now and that is plenty long enough that each dollar put into the market now will be many dollars then. A simple way to do this might be to open a brokerage account at a reputable broker and put a grand into a very broad based all market ETF and then doing nothing with it. The price of the ETF will go up and down with the usual market gyrations, but over the decades it will grow nicely. Make sure the ETF has low fees so that you aren't being overcharged.   It's good that you are thinking about investing at a young age. A rational and consistent investment strategy will lead to wealth over the long pull."}
{"_id": "339339", "title": "", "text": "&gt;Genetic analysis of a tumor is less than a minute.   Uh... right. Too bad that's biologically, chemically, and physically impossible. Reading and analyzing DNA is limited by enzyme speed and it must be done hundreds of times to get an accurate reading. You could jump 5000 years into the future and they still wouldn't be able to read an analyze a patient's genome in under a minute."}
{"_id": "339365", "title": "", "text": "\"This is somewhat unbelievable.  I mean if you had a business of collecting debts, wouldn't you want to collect said debts?  Rather than attempting to browbeat people with these delinquent debts into paying, you have someone volunteering to pay.  Would you want to service that client?  This would not happen in just about any other industry, but such is the lunacy of debt collecting. The big question is why do you need this cleared off your credit?  If it is just for a credit score, it probably is not as important as your more recent entries.  I would just wait it out, until 7 years has passed, and you can then write the reporting agencies to remove it from your credit. If you are attempting to buy a home or similarly large purpose and the mortgage company is insisting that you deal with this, then I would do the following: Write the company to address the issue.  This has to be certified/return receipt requested.  If they respond, pay it and insist that it be marked as paid in full on your credit.  I would do this with a money order or cashiers check.  Done. Dispute the charge with the credit reporting agencies, providing the documentation of no response.  This should remove the item from your credit. Provide this documentation to the mortgage broker.  This should remove any hangup they might have. Optional:  Sue the company in small claims court.  This will take a bit of time and money, but it should yield a profit.  There was a post on here a few days ago about how to do this.  Make part of any settlement to have your name cleared of the debt. It is counterproductive to fall into the trap of the pursuit of a perfect credit score.  A person with a 750 often receives the same rate options as a person with 850.  Also your relationship with a particular lender could trump your credit score. Currently I am \"\"enjoying\"\" the highest credit score of my life, over 820.  Do you know how I did it?  I got out of debt (including paying off the mortgage) and I have no intentions of ever going into debt for anything.  So why does it matter?  It is a bit ridiculous.\""}
{"_id": "339369", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-21/s-p-lowers-china-s-rating-to-a-from-aa-says-outlook-stable) reduced by 87%. (I'm a bot) ***** &gt; S&amp;P Global Ratings cut China&amp;#039;s sovereign credit rating for the first time since 1999, citing the risks from soaring debt, and revised its outlook to stable from negative.  &gt; &amp;quot;It&amp;#039;s bad optics for China, especially when they&amp;#039;re out there from a policy and rhetorical standpoint talking about debt more and acknowledging their debt challenge,&amp;quot; said Andrew Polk, co-founder of research firm Trivium China in Beijing.  &gt; The International Monetary Fund last month increased its estimate for China&amp;#039;s average annual growth rate through 2020, while warning that it would come at the cost of rising debt that increases medium-term risks to growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71j6ih/sandp_cuts_chinas_credit_rating_citing_risk_from/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~214028 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **China**^#1 **debt**^#2 **rate**^#3 **S&amp;P**^#4 **growth**^#5\""}
{"_id": "339385", "title": "", "text": "&gt; Why do people generally get so mad about high executive pay yet celebrate (or at least not care about) very large professional athletes contracts for their services and endorsement deals?  I think both are outlandish.  That said, I think there is more justification for high athlete compensation. Here are several reasons, (1) being the biggest.  1) A star athlete has star power and fills stadium seats.  The hiring of this person is directly correlated to sales.  2) A professional athlete's skills can be more directly tied to a team's performance than a CEO.  3) Most professional athletes have a short career.  They are expected to retire around 35.  4) The compensation of an athlete is a negotiation between the player and the team management.  CEO compensation is much more one-sided since it is decided by the CEO and the board of directors, many of whom are also CEOs."}
{"_id": "339419", "title": "", "text": "Sounds like an illiquid option, if there are actually some bidders, market makers, then sell the option at market price (market sell order). If there are not market makers then place a really low limit sell order so that you can sit at the ask in the order book. A lot of time there is off-book liquidity, so there may be a party looking for buy liquidity. You can also exercise the option to book the loss (immediately selling the shares when they get delivered to you), if this is an American style option. But if the option is worthless then it is probably significantly underwater, and you'd end up losing a lot more as you'd buy the stock at the strike price but only be able to sell at its current market value. The loss could also be increased further if there are even MORE liquidity issues in the stock."}
{"_id": "339425", "title": "", "text": "I did this at taco bell basically. Can't believe It worked.   Free combo when you buy a $20 gift card. Then I just did it again and paid with mu previous gift card. They let me do it for about a week"}
{"_id": "339442", "title": "", "text": "BoA was coerced into buying Countrywide by the Fed, to try to keep the housing industry from falling apart.  It didn't work, but it did make for a more managed failure.  After the sale, BoA and the Fed found out just how screwed up Countrywide was, after BoA had assumed financial liability.  Now that BoA has sorted things out a bit and has money, New York is going after a bit of the damages caused by Countrywide in the first place.  EDIT: [This is the guy](http://www.sec.gov/news/press/2010/2010-197.htm) that caused the mess in the first place.  Probably should have been some jail time along with his record fine though."}
{"_id": "339443", "title": "", "text": "Buybacks do not increase the company's value. Cash is traded for outstanding shares. This is similar to a dividend, but instead of cash, investors receive a rising share-price. Whether an investor prefers a cash dividend or capital gains is less important than the outcome that their investment is gaining value for them."}
{"_id": "339448", "title": "", "text": "Personally, I use the earlier date in Quicken so that it looks like I lose money earlier.   This isn't 100% accurate, but it keeps me from thinking my accounts have more money than they would otherwise have."}
{"_id": "339451", "title": "", "text": "So your point is, because capitalism was the system used during this this last tech boom, it should be worshipped and never questioned?  I get what sub were on. But we're not just a bunch of individual actors. We are part of a humanity. If the drastic wealth inequality, which breeds situations like this, doesn't concern you, we have to agree to disagree."}
{"_id": "339463", "title": "", "text": "If I hire someone in Utah to do sales for me over the phone, and he   works out of his home, am I required to register an LLC or file my   current one as a foreign entity in Utah? Yes, since you've established presence in Utah. You'll register your current LLC in Utah, no point creating another one. If my sales guy, or I, call businesses in, say, Florida, and sell a   few businesses our services for online work like maybe a website   design, etc. Are we required to file our LLC In Florida as either a   new LLC or a foreign one? No, you need to register where you (your company, including your employees or physical offices) are physically present. You don't need to register in any state you ship products or provide services to. If no-one of your company's employees is present in Florida and you don't have an office/rent a storage there - then you have no presence in Florida. If you actually go there to provide the services - then you do."}
{"_id": "339465", "title": "", "text": "Taxes should never be hated. It should be an honor to contribute toward the common good of the nation. It used to be this way until they were made into a political weapon. Our nation used to raise taxes when we held debt and lower taxes when debt was low. Instead, this bullshit idea that taxes are bad was crammed down peoples throats, and now we're sitting at a significant debt that really started to take off with Reagan."}
{"_id": "339473", "title": "", "text": "2 things:"}
{"_id": "339481", "title": "", "text": "Lol it's all good. Reddit just seems to be bothered when people do that.   The confusion was from the word Platform. It could be thought of differently from a normal perspective to that of a programmer's.  Probably should read it first though before posting anything."}
{"_id": "339488", "title": "", "text": "Tax regulations vary from country to country - some permitting more deductions, some less - but here are a few guidelines. As regards the home-office: As regards the deductions: Think of it like this: in order to have space for a home-office you needed a bigger home.  That leads to increased rates, heating, insurance and so on.  Many tax regulators recognise that these are genuine expenses.  The alternative is to rent a separate office and incur greater expenses, leading to increased deductions and less overall tax paid (which won't finance the deficit). The usual test for deductions is: was the expense legitimately incurred in the pursuit of revenue?  The flexibility permitted will vary by tax authority but you can frequently deduct more than you expected."}
{"_id": "339509", "title": "", "text": "no offense, but clicking through to that guys blog and fund page he seems like a charlatan and a snake oil salesman. It's not surprising that he doesn't like asset manager software because he himself is an asset manager. the software is trying to replace him.  He doesn't make money by beating the market... he makes money by convincing others that he can... he is exactly the type of person that the original article is warning against investing with."}
{"_id": "339518", "title": "", "text": "\"The problem is \"\"what would have been\"\" without regulations.   A good cause and effect is the Durbin amendment to DFA - they randomly regulated interchange debit card transactions (win for Walmart, loss for banks) so it no longer makes sense to offer free checking to poor people. WMT wins, banking loses, poor people lose.  The other issue is maxing out regulations actually makes the system more frail as it promotes consolidation in the sector.  Consultants love it - tons of free, easy, no thought work.\""}
{"_id": "339520", "title": "", "text": "\"Not going to pretend to know what any of that actually means mate, haha! But if it involves Brownian Motion/Ito then you might find something relatable in that paper. Plenty of stuff outside that, but most not as \"\"mathematically clean\"\" (ie will involve hacks to fit observed data), or on the flipside closer to philosophical stuff like Mandelbrot and (sigh) Taleb, who more or less do a great job of explaining why the gospel models are all crap (which is reasonable), and that real world markets can't be bunged into a nice cookie-cutter model.\""}
{"_id": "339521", "title": "", "text": "Same here. I think the fact that it was such a challenge to find unlabeled clothing as a teen created an obsession within me to be completely label-free. I bought a Kate Spade and Michael Khors bag to wear with my business attire because I know how bitches can be when judging workplace success, but all my other labels are on snowgear and that's it."}
{"_id": "339523", "title": "", "text": "Part of the new BB OS they have in the works is the ability to run Droid apps.    If this turns out to be true, their biggest disadvantage will evaporate overnight.  My expectations are not high, the friend who told me that left the company a month later, his reason being that when he was job hunting, he wanted that RIM job on his resume to actually mean something, and not just be an ugly dark spot."}
{"_id": "339524", "title": "", "text": "You can get really nerdy with the EV calc, but I would just add that it's important to deduct any non-operating, non-consolidated assets in addition to the minority interest adjustment - e.g. unconsolidated subsidiaries, excess real estate, excess working capital, etc."}
{"_id": "339528", "title": "", "text": "what's unrealistic? applying a DCF model to the two possible options?  i didn't claim my description of the situation was comprehensive, didn't ask for input as to whether or not i was considering all possible factors.   why couldn't i use a DCF for a personal choice? any why would i use a RFR if the undertaking requires a risk premium? (or at least doesn't have the same risk level)"}
{"_id": "339529", "title": "", "text": "I'd rather cut off a ball than move to Texas. Bunch of fake cowboys circle jerking each other's fake greatness in a godforsaken wasteland baking in the harsh sun. No ma'am. I'd rather not live in place that idolizes a perverted idea of a long dead rebellious republic. Guess I'm too American to want to live in Texas."}
{"_id": "339545", "title": "", "text": "What I'm reading is that they subtracted the $85 you owe them and they're cutting you a cashier's check for the rest. Ethically speaking, you owed them the money, they subtracted it and made you a check for the rest.  Once you cash that check, nobody owes anyone anything in this equation.  Sounds like they're in the clear. Legally speaking, I have no idea, since I'm not a lawyer, but even if it was not legal, good luck getting the $85 back without spending far more in retaining a lawyer and fighting it in court.  Even fighting it in small claims court will take more of your time than $85 is worth. If it's your time that is the problem, 12 days is not horrible in banking terms.  Yes, we're spoiled now by ACH transfers and same day deposit availability, but since you're retired, I'm sure if you think back you'll remember when it used to take two business weeks to clear a check... TLDR; cancel future deposits to that bank, find a new bank, then forget this fiasco and get your revenge by enjoying your life."}
{"_id": "339553", "title": "", "text": "\"An investment in knowledge always pays the best interest, as Ben Franklin said. However, this is not a question I can answer for you, as it depends on the opportunities that are specifically available to you as an individual. Sometimes opportunities will knock on your door and you can take advantage, other times you have to create that door to allow opportunities to knock. Maybe you have a friend that is opening a side business, maybe there is a class you can get into at a trivial cost. What I suggest is to start investing just to get into the habit of it, not so much for the returns. Before you do, however, any financial advisor will advise you to begin with a emergency fund, worth about 3-6 months of your expenses for that time. I wanted to hit the ground running and start investing in stocks, but first things first I guess. \"\"Millionaire Next Door\"\" will help you get into a saving mindset, \"\"I will teach you to be rich\"\" is ok, plenty of other books. My advice is keep doing what you're doing, learn to start saving, and once you have obtained an emergency fund of the amount of your choosing, start looking to invest in Index Funds or ETFs through any platform that has LOW FEES!! I use Betterment, but Vanguard is good too, as they allow you to get your feet wet and it's passive. Hope this helps.\""}
{"_id": "339570", "title": "", "text": "&gt;Dollars to donuts... I'd be willing to bet you have a pretty good boss there.  ...and she (my boss) left 6 months later for a better job. Now I report to a clueless idiot. He has no experience in our industry but was hired because he was part of the good old boys referral network the CEO has going on. He spent his time flipping companies for living prior to that.  Now the veneer is starting to come crashing down, despite me trying to make my boss look good for these past ~2 years. He's desperately trying to find a corporate controller (interviewing) to dump his mess onto as I type this. People external to the department are starting to gather he's all buzz words and power points and no substance. We were bought out by a bigger company recently and he can't hide behind his usual bullshit.  My new boss dropped the bombshell today that the girl who was in my position 3 years ago (but quit and took a managers job at a rival company through connections) in now a candidate for the corporate controller position. His reasoning hinged almost completely on the justification that she is already well like here and is familiar with the company. The girl doesn't even have a college degree. Let alone a masters. She left a tax mess on her way out that I've spent the last 3 years trying to fix from an administrative standpoint. Apparently the guy who kept my boss from looking like a total idiot (me) isn't worth mentoring up to the next level. But some random person with no college degree (but connections), and holes in her understanding of our line of work is a serious candidate for a promotion.   It's amazing to watch the bad decisions compound themselves into bigger and bigger problems. My boss inherited a relatively well oiled accounting department and turned it into an audit nightmare. He doesn't know half of what goes on, on a daily basis but feels the need to change processes arbitrarily without understanding WHY we do what we do and how it relates to our industry and external compliance, let alone GAAP.  It's quite apparent this ship is sinking. I'm trying my best to get off it now as of today. Trying to promote someone with less work experience and education over me was the last straw. The only good decision he made was realizing this girl's resume is a bunch of titles with no substance and realizing she wasn't a serious candidate, an hour after pissing me off calling me into a meeting to announce the joyous news."}
{"_id": "339577", "title": "", "text": "So you're saying you can practice law and pass the bar without a law degree. Which was my point. No one said anything about anywhere just that it can be done. I also mentioned that it was illustrative. Keep screeching though."}
{"_id": "339581", "title": "", "text": "All institutions, financial or otherwise, seek to maximize profits. In a free market, each bank would price its services to be competitive with the current state of the market. Since the currency conversion fee is generally a small part of the decision as to which bank to choose, banks can be non-competitive in this area. If this is an important consideration for you then you would need to find a bank with a lower conversion fee, but be prepared to have higher fees in other areas. TL;DR: The market bears it."}
{"_id": "339590", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.dw.com/en/eu-and-japan-agree-trade-deal/a-39561536) reduced by 77%. (I'm a bot) ***** &gt; &amp;quot;We did it. We concluded EU-Japan political and trade talks. EU is more and more engaged globally,&amp;quot; Tusk announced on Twitter.  &gt; &amp;quot;The agreement shows that trade deals for open markets can be concluded with mutual interests. Globalisation needs rules, and trade agreements contribute to this,&amp;quot; she said in a statement.  &gt; For Abe, the deal shows Japan remains an important partner in global trade, especially after Trump this year said he would end a trade deal with Pacific nations.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lnkr4/eu_and_japan_agree_trade_deal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~160841 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **trade**^#1 **agreement**^#2 **deal**^#3 **percent**^#4 **tariffs**^#5\""}
{"_id": "339597", "title": "", "text": "Our General Health range includes a collection of supplements specifically designed to help you improve and maintain a healthy lifestyle by taking weight control SUPPLEMENTS. Whatever your nutritional goals, whether you're looking to improve your immune system or get a good night's sleep and rest, this selection will have something for you."}
{"_id": "339614", "title": "", "text": "Homeopathy stimulates the immune system, helps prevent illness, and supports the person as a whole rather than suppressing symptoms. If you in need for homeopathic treatment Viva Healthy Life is the right place for you. Thanks to Dr. Tsan who has almost 40 years of experience in homeopathy this center voted \u201c#1 Homeopathic Center in Philadelphia\u201d. http://www.vivahealthylife.com/portfolio-item/homeopathy-by-dr-tsan/"}
{"_id": "339622", "title": "", "text": "When planning for holiday people always prefer to select the best destination Algarve in Portugal is one of the famous holiday destinations. People from across the globe visit the place to explore the stunning beaches and Vale Do Lobo a popular resort that is the perfect place for the golf enthusiast and various other attractions. If one is planning to stay on Vale Do Lobo then it is better to opt for the Vale Do Lobo Holiday Rentals. The Vale Do Lobo villa Rentals are located in price locations offering a stunning view of the beautiful beaches and verdant surroundings. One can easily make bookings for the holiday villa rental online.  http://www.simply-algarve.com/Property-For-Sale/vale-do-lobo"}
{"_id": "339636", "title": "", "text": "&gt; In four attempts at my local Burger King, I've paid, but never gotten my food at all. I realize this doesn't speak for the company on a nationwide scale, but my local franchisee is a dick.  You went there four times and left without all of your food each time?"}
{"_id": "339640", "title": "", "text": "a) the quick answer to your correlation is quantitative easing. basically the central bank has been devaluing the US dollar, making the prices of all goods increase (including stocks.)  the stock market appear to have recovered from 2009 lows but its mainly an illusion. anyway the QE packages are very known when the correlation is not there, that means other meaningful things are happening such as better corporate earnings and real growth. b) the thinkorswim platform has charts for dollar futures, symbol /dx"}
{"_id": "339648", "title": "", "text": "I'm not sure if you are including the use of credit cards in the intent of your quesiton.  However, I will give you some good reasons I use them even when I can pay cash: 1) I get an interest free loan for almost 30 days as long as I don't carry balances. 2) I get a statement detailing where I am spending my money that is helpful for budgeting. I'd never keep track to this level of detail if I were using cash. 3) Many cards offer reward programs that can be used for cash back. 4) It helps maintain my credit rating for those times I NEED to buy something and pay it off over time (car, house, etc.) 5) Not so much an issue for me personally, but for people that live paycheck to paycheck, it might help to time your cash outflows to match up with your inflows. For a business, I think it is mostly a cash flow issue. That is, in a lot of B2B type businesses customers can pay very slowly (managing their own cash flows). So your revenue can sometimes lag quite a bit behind the expenses that were associated with them (e.g payroll). A business line of credit can smooth out the cash flow, especially for companies that don't have a lot of cash reserves."}
{"_id": "339658", "title": "", "text": "Mr. Raphael Lilla is a member of the International Society of Business Leaders with over 20 years of work experience working in the Swiss and International financial markets. Currently, he is operating as the Executive Director of SBC Group AG, Switzerland, and as Managing Director of Swiss Bullion Company International LLC, Dubai."}
{"_id": "339664", "title": "", "text": "If you are looking to file a workers compensation claim then there are certain mistakes you need to be mindful of. These include not documenting and reporting the incident to your employer, not seeking medical care, not following doctors\u2019 orders and not maintaining proper records and finally not hiring a competent lawyer to help you."}
{"_id": "339699", "title": "", "text": "The drive through lines are full because it takes 45 minutes to get through it and you have no exit possibilities once you enter.  Don't get me wrong, I love their food, but nothing goes slower than Taco Bell drive thru."}
{"_id": "339716", "title": "", "text": "\"You need to track all of your expenses first, inventarize all of your assets and liabilities, and set financial goals. For example, you need to know your average monthly expenses and exactly what percentages interest each loan charges, and you need to know what to save for (your children, retirement, large purchases, etc). Then you create an emergency fund: keep between 4 to 6 months worth of your monthly expenses in a savings account that you can readily access. Base the size of your emergency fund on your expenses rather than your salary. This also means its size changes over time, for example, it must increase once you have children. You then pay off your loans, starting with the loan charging the highest interest. You do this because e.g. paying off $X of a 7% loan is equivalent to investing $X and getting a guaranteed 7% return. The stock market does generally does not provide guarantees. Starting with the highest interest first is mathematically the most rewarding strategy in the long run. It is not a priori clear whether you should pay off all loans as fast as possible, particularly those with low interest rates, and the mortgage. You need to read up on the subject in order to make an informed decision, this would be too personal advice for us to give. After you've created that emergency fund, and paid of all high interest loans, you can consider investing in vessels that achieve your set financial goals. For example, since you are thinking of having children within five years, you might wish to save for college education. That implies immediately that you should pick an investment vessels that is available after 20 year or so and does not carry too much risk (e.g. perhaps bonds or deposits). These are a few basic advices, and I would recommend to look further on the internet and perhaps read a book on the topic of \"\"personal finance\"\".\""}
{"_id": "339724", "title": "", "text": "Not only should you do this, you should tell your friends to do it too. Especially if a parent comes in to the bank with the child, banks fall over themselves to provide a card to someone whose only income is allowance. Really. Later, if you're 21 and your car broke and you don't get paid for another 11 days, NOBODY will lend you the money (or those money mart places that charge 300% a year will) to fix it. Never mind score (and yes for sure having a good score will be a result, and a good one) just having the card for emergencies makes all the difference to your early twenties. My kids have several friends who now can't get credit cards (some are students, some are underemployed) and end up missing paid days of work due to car troubles they can't pay to fix, or using those payday lenders, or other things that keep you poor. Get one while you can. Using it sensibly means you will have a great credit score in a decade or so, but just plain having it is worth more than you can know if you're not 18 yet."}
{"_id": "339759", "title": "", "text": "There is no, like, false advertising or misleading that you can claim? Or even reporting them to the Better Business Bureau or something, which maybe isn't enough, but is something.  Is there a way to report web scams that is actually effective? Because this seems to border on being a very widespread scam.  They did actually take my money. Ebay, Amazon, and other major sites have policies that are pretty tight and can hold up. I wonder if this company can be compared to this but with very bad policies. Ebay can't just enact any policy and get away with it. If they take my money, it seems like there is legal recourse. You buy a product from me, I can't enact any policy on the purchase you make. I can't have fine print that says that you purchased this toy gun and so if it turns out to be a real gun and it kills your kid, too bad. Maybe that is a bad analogy. I'm just saying, websites are subject to reasonable questioning of their policies under the law or at least business institutions.   I posted a 3 star review, but the comment (if they post it) is very direct and negative, without making any specific claims. Again, we'll see. I guess they can reject that as well."}
{"_id": "339767", "title": "", "text": "Are you serious?  I used to get the occasional cold call at the last place I worked at.  You can just smell them and I got them off the phone ASAP.  I think cold calls are *incredibly* fucking rude and I hate people who make them.  My advice is to find another way to make sales.  If you are an intrusive asshole who wastes my time you will get absolutely nothing from me.  And I am not the only one who feels that way.   A cold call is like going up to a complete stranger, smacking them in the face and then asking them to buy something from you.  It just doesn't work very well."}
{"_id": "339791", "title": "", "text": "You could open up CDs or try a few stocks. Once I saved up enough to where I was comfortable in savings and in a retirement account, I went to CDs. Once I was comfortable with CDs I started doing stocks with dividends. Now that I'm happy with what I am receiving in dividends I just recently bought a risky stock.   I highly recommend Navy Federal for CDs, if you are eligible and USAA for stocks.   Congrats!"}
{"_id": "339796", "title": "", "text": "This is quite possibly a tactic to attract new clients.. ICICI is one of the banks with a small presence in Canada. There are also banks like Tangerine and PC Financial that are aggressively trying to get new clients to switch over from the big 5 banks. At the time of writing, for a limited time, PC Financial is paying 2.5% interest on savings accounts versus 1.4% for a 1 year GIC."}
{"_id": "339823", "title": "", "text": "\"Do you think that someone like GM does not create any *indirect* jobs?  GM is basically just a final assembler of components made by others.  Who do you think manufactures the tires, the light bulbs, the paint, the nuts, the bolts, the wire, the batteries, the leather in the seats, the thread to hold the seats together, the grease, the oil, the radios, the glass in the windshields, the bearings, the alternators, the fan belts, the radiator fluid, the freon, the hoses, etc. etc.  Hint: It's *not GM*.  Now let's look at the manufacturing floor.  Who makes the screw guns, the overhead conveyors, the paint for the floors, the packaging for parts, the plastic parts bins, the safety gear, the tooling, the lathes, the milling machines, the paint robots, the automation equipment in general?  Again: *not GM*.  And now let's talk about distribution and sales.  Guess what, all those employees at the auto dealerships are not counted as employees.  All those truck drivers moving cars around in semis?  Not GM employees.  Contrast this with tech, where I can setup a shop and get going with a few cubicles and a coupla servers and a whole lotta engineers.  I might also hire a secretary to answer the phones and a bookkeeper to handle the finances.  Long and the short of it is that manufacturing probably generates 1000x the number of indirect jobs than tech does.  There's a reason why everyone talks about the US economy becoming increasingly a \"\"service economy\"\"  EDIT:  Furthermore, the comment about worldwide employment misses the mark here.  The west is outsourcing our manufacturing.  Sure, China and India will end up with thriving middle classes because they're building their societies based on the US's economic structure for the 30 years following WWII.  We, on the other hand, are doing the opposite.  We're going to end up with no middle class.  The only jobs available here will be for a small number of very highly specialized skills (like hedge fund managers) and the people who mow their lawns.\""}
{"_id": "339850", "title": "", "text": "Now I've heard the word is that Netflix plan being split was so Netflix could keep streaming HBO and Starz content. Once the online content got so popular that people where no longer using HBO or Starz streaming programs or actually paying to see the channel.  By splitting the service it brought them back down in numbers streaming to keep that content online. Did it upset people? Yes. But I'm a lot happier having my content then nothing at all.  As for quickster? That was just stupid. Keep it all under netflix, and keep offering both sides of the stuff."}
{"_id": "339852", "title": "", "text": "Geloman Indian Spares have a wide selection of Indian Motorcycles and vintage motorcycle spare parts. We give the offer on the all spare parts at affordable prices. Whether you're a first-time buyer or an experienced rider. Indian 101 Scout being named as the best motorcycle parts to have been made. Lighter framed bikes were introduced in 1932 and this is when the standard version was introduced."}
{"_id": "339854", "title": "", "text": "Imagine that a company never distributes any of its profits to its shareholders. The company might invest these profits in the business to grow future profits or it might just keep the money in the bank. Either way, the company is growing in value. But how does that help you as a small investor? If the share price never went up then the market value would become tiny compared to the actual value of the company. At some point another company would see this and put a bid in for the whole company. The shareholders wouldn't sell their shares if the bid didn't reflect the true value of the company. This would mean that your shares would suddenly become much more valuable. So, the reason why the share price goes up over time is to represent the perceived value of the company. As this could be realised either by the distribution of dividends (or a return of capital) to shareholders, or by a bidder buying the whole company, the shares are actually worth something to someone in the market. So the share price will tend to track the value of the company even if dividends are never paid. In the short term a share price reflects sentiment, but over the long term it will tend to track the value of the company as measured by its profitability."}
{"_id": "339860", "title": "", "text": "\"You make it look like the US is the leader in import taxes on vehicles. According to this [source](http://www.caranddriver.com/features/free-trade-cars-why-a-useurope-free-trade-agreement-is-a-good-idea-feature), \"\"The standard tariff for importing cars to the U.S. is 2.5 percent of their value. For pickup trucks and commercial vans, the tariff\u2009is a whopping 25 percent. Individual European countries don\u2019t charge import duties, but the European Union charges a flat rate of 10 percent on imported automobiles.\"\"  When Trump says the US has been screwed over in their trade deals, he's not (always) talking out of his ass.\""}
{"_id": "339864", "title": "", "text": "A note on the article: I thought this article by Buffet on market level was particularly appropriate now, given the seemingly daily new highs, current level of interest rates (hint: they are incredibly low), and corporate profits (hint: they are incredibly high). If you believe the market will eventually revert to the mean, that implies substandard results over an extended period of time into the future."}
{"_id": "339875", "title": "", "text": "I would never use a market order.  Some brokerages have an approval process your short-sale goes through before going to market.  This can take some time.  So the market prices may well be quite different later. Some brokerages use a separate account for short sales, so you must get their approval for the account before you can do the trade.   I like the listing of shares available for shorting the Interactive Brokers has but I have experienced orders simply going into dead-air and sitting there on the screen, not being rejected, not going to market, not doing anything --- even though the shares are on the list."}
{"_id": "339883", "title": "", "text": "You started with the insults. Your argument is weak, based on anecdotal evidence and hyperbole. I'm sorry you keep digging yourself deeper and unable to find a way out. Insults and condescension aren't the way friend.  I strongly urge you to educate yourself. Read factual documents on the matter, not just comments from other redditors. More than not, their comments have some sort of agenda and when you try to pass those comments off as your own and as fact, you just spread more misinformation. I sincerely do hope you get out of the Reddit hive mind and think for yourself, it's really quite refreshing."}
{"_id": "339911", "title": "", "text": "\"Based on my experience ~~making hiring decisions~~ [working with a fortune 500 company legal team to make hiring decisions] I don't believe anything illegal *necessarily* happened.  You're allowed to discriminate against that list all the time like when hiring a model, an actor, or a pastor that have to be a specific age/gender/ethnicity/religion, etc or other jobs that require it.  And yes, any public facing position at an explicitly christian organization does require it.  If I call a christian plumbing company I would expect them to send a christian plumber.  You can also discriminate against the degree to which someone is religious as well.  Imagine if you couldn't use answers like \"\"Do you go to church regularly\"\" when interviewing a pastor.  I worked previously for a christian organization that required many positions to be christians like salesmen and board members.  All other internal positions like accountants, etc. they would not even ask \"\"are you christian\"\" for legal reasons because it wasn't required for the job.  So it was either explicitly required in the job description or they couldn't ask or take it into account when hiring you.\""}
{"_id": "339918", "title": "", "text": "Microsoft (kinda) already does this. If you can get a job at Microsoft, you can take pretty much get as much training as you want in-house and move your career towards any other job at Microsoft.   http://careers.microsoft.com/careers/en/us/careerdevelopment.aspx  Personally I think this is a much better systems than the carrot/stick approach."}
{"_id": "339921", "title": "", "text": "\"What you charge them depends on what kind of use you want them to have of the house.  Your use of the term \"\"roommate\"\" implies you're imagining, well, a roommate-type situation where everyone has full access to all common areas.  This is the usual situation when multiple people jointly rent a house that none of them owns.  In this situation all the roommates are essentially equals. But if you own the house and are renting it out, you can do whatever you want.  A lot of people would not look for \"\"roommates\"\" but for \"\"lodgers\"\" or \"\"tenants\"\" --- you rent one room to a person, and you decide what the terms are for their use of the rest of the house.  That means you get to decide if/when they use the kitchen, if/when they get to use your dishes, what they can do in the back yard, etc.  In this situation the roommates are not your equals.  You own the property and you set the terms for everyone else.  (To clarify after reading the other answer: by \"\"not your equals\"\" I don't mean to imply that renters aren't equal as human beings to the landlord or should be treated as lowly peasants or anything like that.  I just mean that they need not have equal decision-making powers with regard to the housing itself.) I would say the big difference is the social dynamic: personally, I wouldn't feel comfortable renting out rooms to \"\"roommates\"\" unless I was quite sure I would get along with them --- basically, the kind of people I would actually rent with, not just rent to. If you do rent roommate-style, and everyone has essentially equal access to all the facilities of the house, I'd say it's reasonable to split all house expenses roughly equally (with perhaps some adjustments for differences in amenities, like if one person has a larger bedroom than others).  If you rent tenant-style, where you're not expecting them to be your buddies, the best way to determine a reasonable rent is to find other people renting similar rooms and see how much they're charging.  Craigslist is a great way to do that; you can also ask around to people you know.\""}
{"_id": "339928", "title": "", "text": "\"A fund is a portfolio, in that it is a collection, so the term is interchangeable for the most part.  Funds are made up of a combination of equities positions (i.e., stocks, bonds, etc.) plus some amount of un-invested cash. Most of the time, when people are talking about a \"\"fund\"\", they are describing what is really an investment strategy.  In other words, an example would be a \"\"Far East Agressive\"\" fund (just a made up name for illustration here), which focuses on investment opportunities in the Far East that have a higher level of risk than most other investments, thus they provide better returns for the investors.  The \"\"portfolio\"\" part of that is what the stocks are that the fund has purchased and is holding on behalf of its investors.  Other funds focus on municipal bonds or government bonds, and the list goes on. I hope this helps. Good luck!\""}
{"_id": "339955", "title": "", "text": "I don't know of any financial account that offers that kind of protection. I'm going to echo @Brick and say that if you need that level of restrictions on the money, you should talk to a lawyer. Your only option may be to setup a trust. If you are willing to go with a lower level of restrictions on the account, a 529 plan could do the job. A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. It will be in your daughters name, and has the benefit of being tax advantaged, unless its used for non educational expenses. Since your daughter is a minor, there would have to be a custodian for the account that manages it on her behalf. The penalty for using it for non educational expenses might suffice to keep the custodian from draining the account, and I believe the custodian has a fiduciary duty to the account holder, which would open them up to lawsuits if the custodian did act in a way that was detrimental to your child."}
{"_id": "339957", "title": "", "text": "Lets be honest here.  How many people have been in a store and have tried to get around someone who was hogging an aisle by walking *really* slow in the middle?  For those who've had to deal with this, how many times has that person been an upper class, white person?"}
{"_id": "339960", "title": "", "text": "I don't understand why these things are always either/or. It's not just lucky circumstances and it's not just hard work that makes someone successful. Example abound of rich kids who don't pan out and poor kids who make it.   Personally, I had access to a good education growing up and I pushed myself hard to capitalize on it. Luck is the access, but hard work was necessary to convert. I've had success in my career. Part of it is that I had opportunities to tackle tough challenges, but I also pushed to convert on those opportunities."}
{"_id": "339963", "title": "", "text": "I found the answer. It was the Stock Ticker that I was looking for. So, if I understand correctly the price at certain moment is the price of the latest sale and can be used to get a global picture of what certain stock is worth at that certain instant."}
{"_id": "339964", "title": "", "text": "Are we still discussing Amazon? Their net income has hovered around $1 billion per year for the past three years.  If that's profit-free, sign me up. They do have very thin margins, but it's clearly by design. And you really do have to take into account the massive volume of sales they do.  Still, like you, I'm curious to see if they'll ever turn into a mature, dividend-paying company. For example, it's been interesting to see Microsoft hike their dividend to a fairly competitive level while Yahoo resists being seen as anything other than a growth story."}
{"_id": "339965", "title": "", "text": "Besides the ex-MIL not coming up with the monthly payments, and the ex-wife destroying the car there are other problems.  A lease generally limits you you a specific number of miles over the term of the lease. You may be limited to 1,000 miles a month for a total of 36,000 over the 3 year time of the lease. Your ex-wife could drive all 36K miles in her 24 months. Which means every mile your son drives will be at a penalty rate. Driving 1000 mile a month at 15 cents a mile is $150 a month in penalties, plus the original monthly cost of the lease.  You need to understand if the lease contract will allow this sort of transaction. You will need to name the principal drivers. They will require specific levels of insurance. If you don't name your ex-wife on the policy, and she is in an accident, the damages might not be covered. The leasing company could also pursue you for fraud."}
{"_id": "339966", "title": "", "text": "Running a business requires lot of things, maintain and cleaning of office premises is an important part. It\u2019s a tough task and requires daily monitoring. There are a number of janitorial service providers who offer the top class of cleaning services to the commercial and offices.  http://www.leesjanitorialservice.com/services"}
{"_id": "339976", "title": "", "text": "Yeah, just ran across one talking about making payments for 20 years and getting screwed. I feel terrible that these people were taken advantage of, but I also want to grab these people by the lapel, shake them, and ask them what the hell they were thinking :|"}
{"_id": "339989", "title": "", "text": "\"Yes. The definition of unreasonable shows as \"\"not guided by or based on good sense.\"\" 100% years require a high risk. Can your one stock double, or even go up three fold? Sure, but that would likely be a small part of your portfolio. Overall, long term, you are not likely to beat the market by such high numbers.  That said, I had 2 years of returns well over 100%. 1998, and 1999. The S&P was up 26.7% and 19.5%, and I was very leverage in high tech stock options. As others mentioned, leverage was key. (Mark used the term 'gearing' which I think is leverage). When 2000 started crashing, I had taken enough off the table to end the year down 12% vs the S&P -10%, but this was down from a near 50% gain in Q1 of that year. As the crash continued, I was no longer leveraged and haven't been since. The last 12 years or so, I've happily lagged the S&P by a few basis points (.04-.02%).  Also note, Buffet has returned an amazing 15.9%/yr on average for the last 30 years (vs the S&P 11.4%). 16% is far from 100%. The last 10 year, however, his return was a modest 8.6%, just .1% above the S&P.\""}
{"_id": "339994", "title": "", "text": "In America, the government is ours.  We vote for all the people in it.  It is within our power to make it what we want and it is our responsibly to keep it functioning properly.  We have been doing a poor job for the past couple of generations, but we have the ability to turn it around.  To restrict the power of the US government is to reduce the power of the American people to determine the kind of society we want to live in.  I do not want to live under the tyranny of huge multinational corporations who only care that I work and consume.  Corporations haven't always owned and controlled the government to the degree they do today.  They have always had influence, and that is not necessarily a bad thing.  For the past 40 years, as we have been gradually moving towards a more laissez faire philosophy, government corruption has gotten worse and worse.  Tax cuts for the uber rich, blanket free trade agreements with 3rd world countries, and deregulation have caused corporations get much larger and far more powerful than they were a generation or two ago.  So much money has flooded into Washington because of these bad policy decisions, that it will be very hard to undo.  But the only way to undo the damage caused by supply side economics is for the American people to decide they want something else and to vote accordingly."}
{"_id": "340005", "title": "", "text": "You're suffering from two basic mistaken ideas:  First, major breakthroughs basically never happen in one big step by a single, identifiable person or team. Even Einstein's theory of relativity was composed of a bunch of existing work - what he did was show that two or three disparate pieces were compatible.  Second, granting monopolies is a terrible way to promote the use or improvement of ideas, since it makes the first more expensive and leaves the second stuck in a legal morass. If the government has to get involved in research, steady funding + prizes would be a much more effective model."}
{"_id": "340006", "title": "", "text": "\"Exactly. Some people hear the words \"\"collective action\"\" or \"\"collective bargaining\"\" and think that they these are right out of the Marxist playbook.   However, unions are not anti-capitalist, they're just a way to make things fair, or closer to. It's not like a union allows for outrageous demands by workers to be met, or takes away the ability for management to manage. Employers have their lawyers and their economists to protect their rights and set prices, why shouldn't workers have similar experts on their side?\""}
{"_id": "340009", "title": "", "text": "\"Gail Vaz-Oxlade from the television show Til Debt Do Us Part has a great interactive budget worksheet that helps you set up a \"\"jar\"\" or envelope system for each month based on your income and fixed expenses.  We have used this successfully in the past.  What we found most useful was, as others have said, writing everything down, keeping receipts, and thus being accountable and aware of our spending.\""}
{"_id": "340024", "title": "", "text": "You can defer RRSP deductions like you've suggested. Here's an article from the CBC about it: http://www.cbc.ca/news/business/taxseason/story/2010/03/15/f-taxseason-delay.html"}
{"_id": "340025", "title": "", "text": "Thank you jbal695 for voting on autotldr.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "340037", "title": "", "text": "4 months working from your kitchen doesn't sound like an isolated or incidental transaction. So I think that yes, that income would be taxable by NYS (and NYC/Yonkers if the kitchen is in these cities)."}
{"_id": "340044", "title": "", "text": "\"This article is bogus. There may be companies where you would experience what the author describes, but it's not true where I work (I manage a department of 54 in a megacompany with 350k employees worldwide).   \"\"The books are cooked. Corporate boards must approve labor budgets, raises, and bonuses pretty early in the calendar year. \"\" It's true that the total department budget is set, for example, by June. You might take 4% of everyone's salaries and reserve that for raises to be allocated in the future. That doesn't mean everyone gets 4% increase, though. Some may not be eligible for increase--for example, if they've been there for 6 months or less. Some may underperform, meaning they get 2% or 0%. And some may exceed expectations, so they get 6%. Performance definitely matters.  \"\"Nobody knows how to talk about performance.\"\" Well, that's quite a blanket statement, isn't it? True, it's /difficult/ to talk about a person's performance. And there's certainly room for managers to improve /their/ performance and ability to give feedback. But I've had plenty of bosses that know how to give good feedback and do so throughout the year (not just a year-end). I also believe that I'm pretty good at it--at least my employees have indicated that I'm improving :)  \"\"Unfortunately, you are not as fabulous as the executives in your company. Large bonuses are given at the top, which means that someone needs to be held accountable. Even if you've met and exceeded your goals for the year, that someone is you.\"\" I'm not even sure how to respond to that one. The author needs some holiday cheer, I think. Large bonuses are given at the top, true. What does that have to do with a not-at-the-top employee's accountability? The points don't seem to be related.  \"\"Managers really love forced ranking.\"\" Not true. Forced ranking sucks, isn't fun and is difficult. I believe good managers care for all of their employees. (Bad managers are something else altogether...)  \"\"Even if you rock, there isn't much money to go around\"\" The first accurate sentence in the article, woohoo! However, the author doesn't take into account at all that money isn't everything. Surveys of what motivates employees consistently shows that money isn't number one. Things like having a challenging job and working on important products usually come out over dollars-and-cents. And hey, we've built a real crappy economy. What do you expect?  \"\"As you participate in the end-of-year performance management process, the best thing you can do is to stay neutral, remain dispassionate, and be quiet.\"\" I really take issue with this statement. DON'T DO THAT (please). Use the opportunity you  have with your boss to discuss her or his expectations and what you can change so that you meet them or exceed them. If you're already exceeding expectations, ask how you can take on new work, how you can contribute to the welfare of your fellow employees. This is how you get ahead.   \"\"Nobody really gets rich, anymore, from being a regular employee.\"\" Getting rich depends on how you spend and save, not so much on how much you make.\""}
{"_id": "340045", "title": "", "text": "\"This may be a lame answer, but the best IRA contribution strategy is the one that will actually stick to. A single lump sum contribution every year may be a difficult thing for you to maintain.  When it's time to make your contribution, you may say \"\"eh, $5000 is a lot of money, and my checking account balance is kinda low, I'll wait before I contribute\"\".  You keep putting it off, and then you miss the opportunity for the year. If you setup small regular automatic withdrawals, your IRA contribution will run on auto-pilot.  Depending on your cash flow, this may not be favorable, though.\""}
{"_id": "340054", "title": "", "text": "I was in London about 6 weeks ago, and all of the locals were constantly talking about how squeezed the taxi drivers are. Their business has taken a huge hit because of Uber. From what I can tell, most people are giving monumentally more support to them than USA did to taxi drivers -- but the hit is there nonetheless."}
{"_id": "340074", "title": "", "text": "Cyprus could be *forced* into such a position because the deposits are euro-denominated and the issuing central bank sits outside the sovereign authority of Cyprus. So they could go, hat in hand, to the ECB asking them to backstop deposits. A lender of last resort function that is more or less a given in countries with their own sovereign currencies.  In a country like the US, where deposits are denominated in US dollars and the US is the issuer of the dollar, there would always be a option. Bail-ins are certainly possible as a political choice but they'd never be the only option. Which is why you didn't see them or depositor losses of any kind in spite of hundreds of bank failures in the wake of the 2008 crisis."}
{"_id": "340089", "title": "", "text": "I appreciate all the responses, but again, I have NO experience or education in the field.  I haven't started any major related college courses yet and do not have a job in the field. I am looking for beginner, introduction level reading material to start reading up on to start understanding the field before I even start school."}
{"_id": "340091", "title": "", "text": "What qualifies as a transaction? Does the bill pay count? Otherwise, not sure what you'd do to get 12. If this requires you to actively do something 12x per month, not worth it. But I can easily set up 12 online bill payments."}
{"_id": "340113", "title": "", "text": "You can withdraw the contributions you made to Roth IRA tax free. Any withdrawals from Roth IRA count first towards the contributions, then conversions, and only then towards the gains which are taxable. You can also withdraw up to $10000 of the taxable portion penalty free (from either the Traditional IRA or the Roth IRA, or the combination of both) if it is applied towards the purchase of your first primary residence (i.e.: you don't own a place yet, and you're buying your first home, which will become your primary residence). That said, however, I cannot see how you can buy a $250K house. You didn't say anything about your income, but just the cash needed for the down-payment will essentially leave you naked and broke. Consider what happens if you have an emergency, out of a job for a couple of months, or something else of that kind. It is generally advised to have enough cash liquid savings to keep you afloat for at least half a year (including mortgage payments, necessities and whatever expenses you need to spend to get back on track - job searching, medical, moving, etc). It doesn't look like you're anywhere near that. Remember, many bankruptcies are happening because of the cash-flow problem, not the actual ability to repay debts on the long run."}
{"_id": "340125", "title": "", "text": "\"Sorry but you already provided the answer to your own question.  The simple answer is to 'not day trade' but hold things for a longer period and don't trade a large number of different stocks every week. Seriously, have a look at the rules and see what it implies.. an average of 20 buys and sells of longer term positions PER DAY is a pretty fair bit of trading, that's really churning through the positions compared to someone who might establish positions with say 25 well picked stocks and might change even 5 of those a week to a different stock.  Or even a larger number of stocks but seeking to hold them for over a year so you get taxed at the long term cap gains rate. If you want to day trade, be prepared to be labeled as such and deal with your broker on that basis.  Not like they will hate you given all the fees you are likely to rack up.  And the government will love you also, since you'll be paying short term gains taxes.  (and trust me, us bogelheads appreciate the liquidity the speculative and short term folks bring to the market.) In terms of how it would impact you, Expect to be required to have a fairly substantial balance ($25K) if you are maintaining a margin account. I'd suggest reading this thread My account's been labeled as \"\"day trader\"\" and I got a big margin call. What should I do? What trades can I place in the blocked period?\""}
{"_id": "340131", "title": "", "text": "You may want to move money between your investments within the plan, rebalancing money to maintain your diversification. You don't have to deal with the details if selling and buying, just tell them how much to move where. Many plans offer investments that automatically rebalance for you such as Target Date accounts. You may be able to select one of those and just ignore the 401k until retirement, or at most rebalance even less often. Look at what's offered, look at what it costs as fees, run the numbers and decide whether you can do better."}
{"_id": "340143", "title": "", "text": "Cheaper would refer to the fees of a fund rather than the share price, IMO. Are 2 quarters worth more or less than 10 nickels? This is another way to express your question though most open-end funds bought directly from the fund family or through fund supermarkets would do fractional shares that may be better than going through ETFs though there can be some brokers like Sharebuilder that used to do fractional shares though not necessarily having the best execution as I recall."}
{"_id": "340155", "title": "", "text": "Meanwhile, **Granvil, who no longer drives** because of poor health and **uses a broker to hire a driver**, said he is facing threats from the lender, Melrose Credit Union, to foreclose on not just his medallion, but also his house.  This really bothers me. It shows how medallions have prevented even other cabbies from competing.  I doubt if Granvil see how he really isn't any different from Uber and Lyft now.  He's a middle man.  But unlike Uber and Lyft that provide infrastructure for finding clients, Granvil provides nothing other than his government sanction medallion."}
{"_id": "340169", "title": "", "text": "\"You withdrew the 'cash' portion, and will pay tax on it. How was the check \"\"another for move remaining to B\"\" issued? Was it payable to you? If so, it's too late, it's your money and the whole account was cashed out.  If it was payable to B, you should have had it sent directly to their custodian, are you saying you still have that check? You might need to ask A to reissue the check to you, since you are no longer in the US. I'm not sure if you can roll it to an IRA at this point.\""}
{"_id": "340182", "title": "", "text": "Regulation is necessary for preserving competition. Regulatory capture is the problem.  Capitalism is all about efficiency, costs are very similar for all participants, so if you're more efficient than your competitors you gain market share (even if that means marketing or lobbying efficiency). Monopolies, cartels are always natural attractors for markets, and with serious barriers to entry (infrastructure by its nature is very much about network effects overcharged by economies of scale gains) it's not much of a surprise that we're in the current situation even after Ma' Bell got split up.  Or, you can go for the maximum property rights libertarianism, but then you are very much in the danger of getting eaten by marketing-fanaticized big-estate zombies. (Since people are not to be trusted even basic acceptance and coordination of property rights is/would be difficult, and with increasing craziness in the wilderness your security insurance premium would go up until you just can't afford it anymore. That's why I'm a bit afraid of all out anarchy as touted on AnCap subreddits.)"}
{"_id": "340187", "title": "", "text": "Sameer Thakar has various interests in music Anyone knows Sameer Thakar knows that he loves to engage his body as well as his mind. He is an active runner and tries to get out on the pavement as often as possible and get moving. He understands that exercise is the best way to relieve stress, improve mind, and keep in shape. In addition to that Sameer Thakar participates in a number of athletic activities, including cricket, tennis, and racquet ball. He is also an avid chess player, which is a great way to exercise the mind."}
{"_id": "340202", "title": "", "text": "&gt;The issue I had with it is long distances.  Well, you need fast-chargers to travel long distances.  Tesla has these  along all major highways.  For example, I make regular trips to Lake Michigan every summer, about a 250-mile trip.  There are two Superchargers on my route.  I will plan on hitting one of them.  But right now I have to plan on hitting a gas station along the way.  So it doesn't seem that different to me.  You're going to point out that takes longer than fueling with gas.  Yes it does,typically about a half-hour.  I accept this because I save so much fueling time for the rest of my driving, when I can fuel up at home.  You might not think that's a fair trade.  I do.  That's why I like EVs and you don't."}
{"_id": "340209", "title": "", "text": "\"I think the basic question you're asking is whether you'd be better off putting the $20K into an IRA or similar investment, or if your best bet is to pay down your mortgage.  The answer is...that depends. What you didn't share is what your mortgage balance is so that we can understand how using that money to pay down the mortgage would affect you.  The lower your remaining balance on the mortgage, the more impact paying it down will affect your long-term finances.  For example, if your remaining principal balance is more than $200k, paying down $20k in principal will not have as significant an effect as if you only have $100k principal balance and were paying down $20k of that. To me, one option is to put the $20k toward mortgage principal, then perhaps do a refinance on your remaining mortgage with the goal of getting a better interest rate.  This would double the benefit to you.  First, your mortgage payment would be lower by virtue of a lower principal balance (assuming you keep the same term period in your refinanced mortgage as you have now.  In other words, if you have a 15-year now, your new mortgage should be 15 years also to see the best effect on your payment).  Further, if you can obtain a lower interest rate on the new loan, now you have the dual benefit of a lower principal balance to pay down plus the reduced interest cost on that principal balance.  This would put money into your pocket immediately, which I think is part of your goal, although the question does hinge on what you'd pay in points and fees for a refinance. You can invest, but with that comes risk, and right now may not be the ideal time to enter the markets given all of the uncertainties with the \"\"Brexit\"\" issue.  By paying down your mortgage principal, even if you do nothing else, you can save yourself considerable interest in the long term which might be more beneficial than the return you'd get from the markets or an IRA at this point. I hope this helps. Good luck!\""}
{"_id": "340210", "title": "", "text": "You might what to check out Interactive Brokers. If your India stock is NSE listed they might be able to do it since they support trading on that exchange. I would talk to a customer service rep there first. https://www.interactivebrokers.com/en/index.php?f=exchanges&p=asia"}
{"_id": "340211", "title": "", "text": "I've just finished reading *The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies* by Erik Brynjolfsson and Andrew McAfee. I thought this would be a book about technology but actually it was written by economists. Anyway, this book explains how inequality is caused by changes in technology. This 2013 book must have been very influential and inspired a million puff pieces, because I've heard all of its arguments before, but never explained so well."}
{"_id": "340214", "title": "", "text": "When my orders fill, I'll often see a 1000 shares go through over 4-6 transactions, with a few cents difference high to low, but totaling the transaction cost, it adds to one commission (say $10 for my broker). Are you sure a series of partial fills would result in as many as 20 commissions?"}
{"_id": "340218", "title": "", "text": "**Mercantilism**  Mercantilism was a type of national economic policy designed to maximize the trade of a nation and especially to maximize the accumulation of gold and silver. It was dominant in modernized parts of Europe from the 16th to the 18th centuries. It promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. With the establishment of overseas colonies by northern European powers early in the 17th century, mercantile theory gained a new and wider significance, in which its aim and ideal became both national and imperialistic.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "340220", "title": "", "text": "So what, its still plagued with problems. The model X according to consumer reports is terrible too.  I want a car that works with minimal problems, not something thats fucked up and they have to keep fixing.  I don't want a BETA version of a car"}
{"_id": "340251", "title": "", "text": "Are you searching for the best service centre for Laptop Repair And Services In Delhi NCR. Centre For Laptops have experience and technical knowledge on all types of computers and provides the best Repair and Services of all models of Laptops and Computer. To know more Visit: http://centreforlaptops.com/ or call us at: 9891992204"}
{"_id": "340254", "title": "", "text": "From here The formula is M = P * ( J / (1 - (1 + J)^ -N)). M: monthly payment RESULT = 980.441... P: principal or amount of loan 63963 (71070 - 10% down * 71070) J: monthly interest; annual interest divided by 100, then divided by 12. .00275 (3.3% / 12) N: number of months of amortization, determined by length in years of loan. 72 months See this wikipedia page for the derivation of the formula"}
{"_id": "340263", "title": "", "text": "\"The American \"\"Security Exchange  Commission\"\" has imposed a rule upon all stock trading accounts. This rule is \"\"Regulation-T\"\". This rule specifies that stock trading accounts must be permitted three days after the termination of a trade to settle the account. This is just fancy lingo to justify the guarantee that the funds are either transferred out of your account to another persons  (the person that made money), or the money flows into your account.  A \"\"Day Trader's\"\" account avoids the hassle because you're borrowing money from your broker to trade with and circumvent Reg-T.  It's technically not how long you hold the trade that determines if you're a day trader, or not. It's your accounts liquidity and your credit worthiness.\""}
{"_id": "340264", "title": "", "text": "That is a weird one.  Typically one never needs to layout cash to exercise an option.  One would only choose to use option 1, if one is seeking to buy the options.  This would occur if an employee was leaving a company, would no longer be eligible for the ISO (and thereby forfeit any option grant), and does not want to exercise the options.   However, what is not weird is the way income tax works, you are taxed on your income in the US.   I assume you are talking about the US here. So if you exercise 10K shares, if under either option, you will be taxed on the profit from those share.   Profit = (actual price - strike price) * shares - fees"}
{"_id": "340271", "title": "", "text": "The solution was to get a foreign bank in each country we do business in. Get a credit card processor there, and simply make our money and keep our money in that country, and taking quarterly gains from those accounts and bringing them to the US account."}
{"_id": "340287", "title": "", "text": "\"With that credit rating you should have no trouble getting a rate in that range. I have a similar credit score and my credit union gave me a car loan at 1.59%. No haggling required. In regards to your question, I think you have it backwards. They are more likely to give you a good rate on a high balance than a low one. Think about it from the bank's perspective... \"\"If I give you a small sale, will you give me a discount?\"\" This is the question you are asking. Their profit is a factor of how much you borrow and the interest rate. Low rate=less profit, low financing amount = less profit.  The deal you proposed is a lose-lose for them.\""}
{"_id": "340297", "title": "", "text": "What we're used to?  Who is used to?  When I was a MW earner back in the early 90's I lived in a 2BR apartment with three other people and ate lots of those variety 100pack boxes of ramen noodles.  The average MW adjusted for 2013 dollars from 1938 to 2013 is $7.30 per hour.  Of those 75 years, 36 was below the current MW.  Only two years (68,69) it was over $10.  But ya gotta have $15 now.  Need that cellphone, in-app purchases, netflix and fidget spinners."}
{"_id": "340298", "title": "", "text": "\"The technicals have been screaming \"\"short this market\"\" for days now. So yes, a correction is coming. If you're concerned about losses, then take some winners off the table and hedge with some short positions (or long inverse ETFs).\""}
{"_id": "340299", "title": "", "text": "Your business can be promoted by its Buy Instagram Followers pendant, but the question is how can you make authentic Instagram pendant for business? For example, if you join Instagram and only have 100 followers, it is not enough because another company offers services similar to the ones you join and you have thousands of followers. It can be pushed aside as people tend to move with companies with a large successor base. They are moving into a business where a great class of people are spinning. Therefore, to get organic trailers, you need to have more trailers.  If you promote the business based in the United States, then you need to search all the companies online with the key Instagram Buyers, name the country and you will see a lot of prestigious companies that can help you buy real Instagram Trailers."}
{"_id": "340329", "title": "", "text": "\"In the United States, many banks aim to receive $ 100 per year per account in fees and interest markup.  There are several ways that they can do this on a checking account.  These examples assume that there is a 3 % difference between low-interest-rate deposit accounts and low-interest rate loans. Or some combination of these markups that adds up to $ 100 / year.  For example:  A two dollar monthly fee = $ 24 / year, plus a $ 2,000 average balance at 0.05% = $ 29 / year, plus $ 250 / month in rewards debit card usage = $ 24 / year, plus $ 2 / month in ATM fees = $ 24 / year. Before it was taken over by Chase Manhattan in 2008, Washington Mutual had a business strategy of offering \"\"free\"\" checking with no monthly fees, no annual fees, and no charges (by Washington Mutual) for using ATMs.  The catch was that the overdraft fees were not free.  If the customers averaged 3 overdraft fees per year at $ 34 each, Washington Mutual reached its markup target for the accounts.\""}
{"_id": "340338", "title": "", "text": "If you're reasonably sure that the client isn't acting in good faith and you have no intention of doing business with them again, you can still make back some of the money.  Sell the debt to a collections agency if you don't want to go through the hassle of suing.  Make sure they're actually ignoring you though.  A friendly, non-confrontational phone call might jiggle something loose.  Especially if you give them the option to set up some sort of payment plan."}
{"_id": "340371", "title": "", "text": "\"I haven't read the book and have no intention of reading it. This definitely looks like a forced savings plan with \"\"Whole Life Insurance\"\" as the theme \u2013 which is pretty bad for someone who is able to take care of his finances. It would be good for someone who is not very good with his finances and wants to be forced into savings, but then even for those people it would only help a little; there are enough clauses that would make things more bad for him. i.e. one can choose to take a loan, pay only interest etc. No book is going to help you build a savings habit. One has to realize and spend what is essential (it means not buying or doing tons of things) and putting quite a bit away for a rainy day. After this, comes investing wisely...\""}
{"_id": "340384", "title": "", "text": "That's crazy! And I completely sympathize with working moms, it's a rough life. I worry about this when my wife and I have kids how we'll manage, more how she'll manage with her teaching job.  If I can ask an admittedly loaded question with some assumptions, do you think if society wasn't so fiercely competitive and dual income wasn't as necessary to live a comfortable life, we'd be better off? What I'm really getting at is are we using technology to attempt to solve problems that shouldn't exist in the first place?"}
{"_id": "340402", "title": "", "text": "\"&gt; nor does poor political judgement make him also poor at running businesses.  People don't *really* have \"\"different flavors of judgement.\"\" If he supported Donald Trump, there's a reason. What is that reason? Liked his politics? Liked that there was an (R) after his name? Was swayed by the siren song of \"\"drain the swamp\"\"?   I'm a moderate progressive who wants single-payer healthcare, cuts in military procurement, elimination of \"\"Right to Work\"\" laws, stronger labor protections, etc.   And I seriously question the judgement of anyone who says that Hillary Clinton \"\"did nothing wrong\"\" when talking about her email server. After a year of debating the issue, I feel that anyone who says that is not actively engaging their brain, but rather that they've decided they like Hillary Clinton and will make decisions that favor her despite overwhelming factual evidence to the contrary.   While I wouldn't completely dismiss someone based on it, I do have a number of friends and colleagues I know who fall into this group, and I would take any recommendation they made regarding political issues with serious skepticism.   Or a broader analogy - let's say a friend took you to dinner somewhere, and you got violently ill afterwards. You mention it to your friend, who says \"\"Yeah, me too - happens every time I eat there, but I just really love the food.\"\"  So - do you now question your friend's judgement only with respect to choosing restaurants? Or do you kind of start to question it across the board?\""}
{"_id": "340413", "title": "", "text": "\"I personally think the ACA will be left alone until it collapses. Nobody from either party wants their name associated with it or anything like it.  Depending on the \"\"deal\"\" that you get (based off of income or provided by employer) the ACA collapsing will be a great thing or an awful thing. Regardless of how you feel, its financially unsustainable.   From an NYTimes article from June 9th, 2017: &gt; For the First Time, 45 Counties Could Have &gt; No Insurer in the Obamacare Marketplaces  also &gt; 1,388 counties with one insurer  https://www.nytimes.com/interactive/2017/06/09/us/counties-with-one-or-no-obamacare-insurer.html  In addition to all of this I also think that the whole thing was a ploy to boil everything down to a 'single' insurer and therefore have single payer insurance by default.  Before you downvote me for serving up a Failure Burger (ACA) wrapped in Failure (GOP not acting on it) please respond with an argument as to why this is financially sustainable. I get that it helps poor people and *\"\"wont somebody think of the children\"\"* but this timeless ploy of feigning consideration for the old and infirm is about to have the whole country careening off into the great unknown.  Also, shame on Obama for passing this to begin with and shame on Obama for being at war *every single day of his two terms*.\""}
{"_id": "340435", "title": "", "text": "Here's a point in favor of central banks: With a central bank in the middle making sure payments clear, transactions can happen with near perfect trust. When a bank has a daylight overdraft, the Fed covers it. When a bank needs overnight funding, the Fed provides it. If a bank needs vault cash, a truck shows up from the Fed.  Without this, no one could ever be entirely confident the other party was money-good. With a volume of transactions that can amount to annual GDP in as little as six days, this level of trust is critical to a smoothly functioning system of payments."}
{"_id": "340436", "title": "", "text": "You bet if it was so simple. This is when financial acumen comes into its true form. The bank would never ever want to go insolvent. What it does is, take insurance against the borrower defaulting.  Remember the financial crisis of 2008 which was the outcome of borrowers defaulting. The banks had created derivatives based on the loans distributed. CDO, CDS are some of the simple derivatives banks sell to cover their backs in case of defaults. There are derivatives using these derivatives as underlyings which they then sold it across to other buyers including other banks. Google for Fabrice Tourre and you would realise how much deep the banks go to save themselves from defaulters. If everything fails then go to the government for help. That was what happened when the US government doled out $600 billion to save the financial sector."}
{"_id": "340465", "title": "", "text": "You know what scares the shit out of giant militaries? A single person with some code or a goat herder with an improvised bomb. Do you know what keeps individuals safe? A well armed population that is capable and willing to defend themselves and their neighbours. Instead of a government that works hard to make it illegal to defend yourself."}
{"_id": "340482", "title": "", "text": "You are probably right that using a traditional buy and hold strategy on common equities or funds is very unlikely to generate the types of returns that would make you a millionaire in short order. However, that doesn't mean it isn't possible. You just have to accept a more risk to become eligible for such incredible returns that you'd need to do that. And by more risk I mean a LOT more risk, which is more likely to put you in the poorhouse than a mansion. Mostly we are talking about highly speculative investments like commodities and real estate. However, if you are looking for potential to make (or more likely lose) huge amounts of money in the stock market without a very large cache of cash. Options give you much more leverage than just buying a stock outright. That is, by buying option contracts you can get a much larger return on a small movement in the stock price compared to what you would get for the same investment if you bought the stock directly.  Of course, you take on additional risk. A normal long position on a stock is very unlikely to cause you to lose your entire investment, whereas if the stock doesn't move far enough and in the right direction, you will lose your entire investment in option contracts."}
{"_id": "340484", "title": "", "text": "\"Allen, welcome to Money.SE. You've stumbled into the issue of Debt Snowball, which is the \"\"low balance\"\" method of paying off debt. The other being \"\"high interest.\"\" I absolutely agree that when one has a pile of cards, say a dozen, there is a psychological benefit to paying off the low balances and knocking off card after card. I am not dismissive of that motivation. Personal Finance has that first word, personal, and one size rarely fits all. For those who are numbers-oriented, it's worth doing the math, a simple spreadsheet showing the cost of the DS vs paying by rate.  If that cost is even a couple hundred dollars, I'll still concede that one less payment, envelope, stamp, etc, favors the DS method. On the other hand, there's the debt so large that the best payoff is 2 or 3 years away. During that time, $10000 paid toward the 24% card is saving you $2400/yr vs the $500 if paid toward 5% debt. Hard core DSers don't even want to discuss the numbers, strangely enough.  In your case, you don't have a pile of anything. The mortgage isn't even up for discussion. You have just 2 car loans. Send the $11,000 to the $19K loan carrying the 2.5%. This will save you $500 over the next 2 years vs paying the zero loan down. Once you've done that, the remaining $8000 will become your lowest balance, and you should flip to the Debt Snowball method, which will keep you paying that debt off.  DS is a tool that should be pulled out for the masses, the radio audience that The David (Dave Ramsey, radio show host) appeals to. They may comprise the majority of those with high credit card debt, and have greatest success using this method. But, you exhibit none of their symptoms, and are best served by the math. By bringing up the topic here, you've found yourself in the same situation as the guy who happens to order a white wine at a wedding, and finds his Mormon cousin offering to take him to an AA meeting the next day.  In past articles on this decision, I've referenced a spreadsheet one can download. It offers an easy way to see your choice without writing your own excel doc. For the situation described here, the low balance total interest is $546 vs $192 for the higher interest. Not quite the $500 difference I estimated. The $350 difference is low due to the small rate difference and relatively short payoffs. In my opinion, knowledge is power, and you can decide either way. What's important is that if you pay off the zero interest first, you can say \"\"I knew it was a $350 difference, but I'd rather have just one outstanding loan for the remain time.\"\" My issue with DS is when it's preached like a religion, and followers are told to not even run the numbers. I wrote an article, Thinking about Dave Ramsey a number of years back, but the topic never gets old.\""}
{"_id": "340505", "title": "", "text": "This sounds like a pump and dump, just with a product instead of a stock, and it points to the need to regulate the medical supply industry pricing structure.  Because actual consumers are not involved in the market price, the price can be wildly inflated: Think bottled water after a natural disaster; the price would go up if it weren't for price controls put in place along with State of Emergency decrees.  It's usually not supply that is the issue, it's the inability of the consumer to self-regulate demand by either limiting use or finding other sources to fill demand.  Our Health system is not one that the consumer has any control over, and so control must be mandated."}
{"_id": "340511", "title": "", "text": "This article completely misses a big part of his portfolio. He's a congressmen entitled to a full pension. He's guaranteed a 100k+ salary for the rest of his life. He's completely insured against deflation!   So if you've got a full pension that's insuring you against deflation than you want the majority of your other assets protecting you against inflation. It's a sound decision."}
{"_id": "340513", "title": "", "text": "I try really hard to avoid commercials. To me, they are a 100% waste of time and money  I can't remember EVER buying something as a result of a TV commercial  Of course, there are things I buy that are advertised. But I don't buy them because of the ad, I buy them because I need or like them."}
{"_id": "340517", "title": "", "text": "Look for communities such as Indians (folks from India). And this may be true about others as well, but if one guy hires you and you do a decent job, just a matter of time, before your calendar will be loaded with requests from others in the community.   How to reach out to them? As for indians, ask a local hindu temple about sponsorships, quite affordable many a times. Also take a couple of boxes of indian sweets and distribute them around if you happen to go to the temple. Could yield sweet results.   All the best.  ~~~~~~ EDIT : Edited for clarity"}
{"_id": "340520", "title": "", "text": "\"Better suggestion: Refinance into a lower rate mortgage. In the US right now you could cut that rate substantially with very little effort, unless you are a bad credit risk. Also: Not all mortgages permit use as a \"\"line of credit\"\" without additional fees, in addition to credit card transfer fees. (There is often a different kind of house loan, at a higher interest rate, if you really need that flexibility.) So this idea may not even be possible, or those fees may kill it, even before considering costs and risks on the credit card side. Generally, gimmicks don't work.\""}
{"_id": "340524", "title": "", "text": "A lot of the greatest innovators in America started out with little or no capital. Thomas Edison once sold newspapers and fruit on a train. Jack Welch was the son of a train conductor who worked his way up the ranks of GE. Steve Jobs was put up for adoption as an infant and was at one point homeless.   The idea that the 1% create all of the growth in the economy is a lie. Innovation and thus economic growth can come from any part of American society because it is part of our culture. The question is therefore not an economic one but a moral one. Do we, the citizens of the richest nation in the world, want to watch our fellow countrymen go hungry, homeless or die because they don't have living salaries or access to proper healthcare?"}
{"_id": "340529", "title": "", "text": "I don't see why it would be any harder to sell stocks or bonds than it is to sell a CD you may have.  Not to mention for large one time expenditures you can usually cover these with a credit card.  This gives you about a month to move money around to pay your credit card off in a timely manner without incurring a charge. I have had no problem getting a credit limit beyond 4-5 months of expenses for myself on a single card. I can't even think of a household emergency that you can't pay for with a credit card. Job loss situations are not going to require large amounts of money immediately. True catastrophic emergencies (natural disasters, ransoms) however will need fast cash potentially. However in this case the only thing that is good is having cash on hand. As you can't count on ATMs or Bank systems to be functional. Even more serious emergencies such as zombies, the end of world, or anything that involves total economic collapse would require things that are not cash. You would need to invest in things like supplies, shelter, guns and maybe shiny metals that may have value."}
{"_id": "340530", "title": "", "text": "The problem with having no debt at all and relying totally on your income from working is that if you lose your job you'll have no income. Now there are 2 types of debt: good debt and bad debt. You should stay away from bad debt. But good debt is good \u2014 it should produce an income higher than the interest payments on the debt. Good debt will help you supplement your income from work and eventually replace your income from work. I have over $2M in good debt, have been semi-retired since 42, and sleep very well at night. By the way I also have zero bad debt. As Joe says, you have to be at a level you are comfortable with, can sleep at night, and try to limit your bad debt by showing some delayed gratification when you are starting off."}
{"_id": "340537", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.sbnation.com/2017/9/19/16314082/nfl-ratings-colin-kaepernick-los-angeles-rams-owners-money) reduced by 94%. (I'm a bot) ***** &gt; The simpler and also boring systemic problem with the NFL that might actually explain something is its success, and how that success made the ownership class in the NFL fat, lazy, and locked into a business model they have no real reason or incentive to change, even with falling TV ratings.  &gt; An NFL owner no longer needs that to continue to boost the value of the franchise using anything that happens on the field.  &gt; If you see an NFL franchise as just another asset to be maximized and squeezed for every dime, being good at football - i.e. producing a good product - doesn&amp;#039;t matter.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/715fxw/the_nfl_is_being_devoured_by_its_own_economic/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~213083 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **NFL**^#1 **product**^#2 **league**^#3 **value**^#4 **franchise**^#5\""}
{"_id": "340550", "title": "", "text": "Just sat the Level 3 exam here.  I know a few folks who have passed their exams coming in from an Mech Eng background.  You're certainly at a disadvantage not knowing some finance, but don't let it discourage you.  Passing is more about working hard and self-discipline than prior finance knowledge."}
{"_id": "340551", "title": "", "text": "I recently rejected an offer at a different firm that would have provided a 14k yearly increase. The reason for the rejection was because I would have had to give up two work from home days, my commute would have been about an hour and half each way, I would have lost about 14 extra days of PTO and holiday pay, and the new company didn't match anything for 401k."}
{"_id": "340559", "title": "", "text": "\"You're not thinking this through. Then there wouldn't be a problem.   &gt;*\"\"If you do things that other people value, you will never have a problem getting paid. The only time you can't get paid is if other people don't assign value to your labors. Basically, always be useful. \"\"*  You're fundamentally misunderstanding what's happening.  The \"\"value\"\" of HUMAN labor is determined by *supply and demand*, right? I hire people right now because they are the cheapest supercomputers with arms available for me *right now*.\""}
{"_id": "340586", "title": "", "text": "Yes. My parents bought it quite a while ago; my father ended up in Alzheimer's care, and my mother needed full-time care for a couple of years. The long-term care insurance paid a significant amount of money; for my mother, it was something around $60K."}
{"_id": "340599", "title": "", "text": "I'm a big fan of buxfer.com"}
{"_id": "340601", "title": "", "text": "Freeze your credit.  No one can open new accounts in your name if your credit is frozen.  How do I freeze my credit? This is good advice even if your identity isn't stolen.  There is a cost, but it is very effective."}
{"_id": "340607", "title": "", "text": "\"The \"\"price\"\" is the price of the last transaction that actually took place. According to Motley Fool wiki: A stock price is determined by what was last paid for it. During market hours (usually weekdays from 9:30AM-4:00PM eastern), a heavily traded issue will see its price change several times per second. A stock's price is, for many purposes, considered unchanged outside of market hours. Roughly speaking, a transaction is executed when an offer to buy matches an offer to sell. These offers are listed in the Order Book for a stock (Example: GOOG at Yahoo Finance).  This is actively updated during trading hours. This lists all the currently active buy (\"\"bid\"\") and sell (\"\"ask\"\") orders for a stock, and looks like this:  You'll notice that the stock price (again, the last sale price) will (usually*) be between the highest bid and the lowest ask price. * Exception: When all the buy or sell prices have moved down or up, but no trades have executed yet.\""}
{"_id": "340620", "title": "", "text": "I don't have an account with either of those CUs, but I do have membership at 2 different CUs.  If they accept credit card payments online via transfer from another institution, there's no reason to move your money, unless there are other benefits (higher interest rates). All the CUs would likely require is membership ($5 deposit minimum?).  If you were to get a card through Chase or Capital One, you wouldn't be expected to open a checking/savings account with them and transition over to those accounts."}
{"_id": "340624", "title": "", "text": "Growth in a 401k dodges taxes, which means more of the gains get reinvested. Effectively, it's a boosted return rate. Like any investment, a 401k can lose value. During the period before retirement, lower stock and bond prices actually help you buy more shares than you could if prices were high, so the real question is what the funds are doing at the time you start pulling money back out. That concern is why investors generally, not just 401k investors, should change their investment mix over time, to balance oossible risk against time to recover and possible reward.  And if your employer matches 401k contributions to any degree, that too improves your effective gains and buffers you against some of ghe risk. Hence the general advice that if you don't fund your 401k at least enough to max out the company match, you're leaving free money on the table."}
{"_id": "340632", "title": "", "text": "Yeah, all tech suffers from obsolescence. That doesn't negate the inherent value, it just means that something could possible be more valuable in the future. The limited nature of Bitcoin and the increase in demand is what's driving the price at the moment. Many people are already invested in Bitcoin and that will give it fiat even in the face of competitors."}
{"_id": "340653", "title": "", "text": "You have asked about getting a loan, the issue is that you don't have collateral to offer up in exchange for the loan, you also don't have a regular source of income. Getting a low level job, even one not related to your major will provide income. Getting a not-so-perfect job related to your major will allow your to sustain yourself, and provide experience that can help you find the perfect job. The time from application to interview to offer letter to start date can be measured in months. This is even with positions you are perfect for. Since it can take months to get started in a new job you should focus on something that you can get started right away.  This type of job will have a shorter time frame for the interview cycle. You may feel overqualified for the jobs based on the fact you just graduated from college but this was the type of job you should have had to bridge you from school to the job you want.  Regarding the end goal of getting the perfect job, you might have to refocus your efforts. When you had time and money you could afford to be picky about company, location and salary. Now that money is in short supply you will need to change your standards. Keep in mind it is not just an issue about being able to travel to job interviews, it is also about needing a way to afford food, and health insurance. Go back to your college campus and talk to the career counselors they can help your with your resume, and give job search advice. They may also have contacts that can help you find a position with a good local company or even a national company. They may even know of companies that need employees for just a few months to fill a need."}
{"_id": "340661", "title": "", "text": "Unless you started a bank or other kind of a financial institution (brokerage, merchant processor, etc etc), the page you linked to is irrelevant. That said, there's enough in the US tax code for you to reconsider your decision of not living in the US, or at least of being a shareholder of a foreign company. Your compliance costs are going to go through the roof. If you haven't broken any US tax laws yet (which is very unlikely), you may renounce your citizenship and save yourself a lot of money and trouble. But in the more likely case of you already being a criminal with regards the US tax law, you should probably get a proper tax advice from a US-licensed CPA/EA who's also proficient in the Japanese-American tax treaty and expats' compliance issues resolution."}
{"_id": "340680", "title": "", "text": "/u/HellaSober basically nailed the gist of it. This is mostly second-hand information, but junior people are encouraged to speak up and to scrutinize ideas, regardless of their source. In reality, office politics are dominant and it's not uncommon for those who contradict or challenge the wrong higher-up to get publicly and brutally thrashed for it.   Throw in the high demands and extreme stress inherent in working for one of the world's largest hedge funds, baby you got a stew goin.   To be fair, though, almost everyone who's trash talked it to me also talks about how their time at BW was formative and prepared them well for their careers...but none of them lasted more than 4 years there.  So, mixed bag, I guess...  EDIT: words"}
{"_id": "340698", "title": "", "text": "&gt; intelligent agile approach  beep beep beep! Bullshit alert.  Tracking one's individual medical data in the absence of disease is not beneficial for that person or his or her healthcare provider. So most people will see no personal benefit in doing this, and good luck getting a consumer to fork over this data for monetizable purposes (even for cheaper insurance rates, because the logical argument is won't I be charged more if the healthy are charged less?). The fervor around Google or FB ads is large enough.  Also, technically speaking, HealthKit is a way to surface and centralize data. Apple will never let an arbitrary app funnel out a user's data to some other database."}
{"_id": "340714", "title": "", "text": "Hi /u/snappykr22. Thanks for responding.  It has a critical effect. If the mandate is not enforced then fewer healthy people sign up and the death spiral begins. [The insurance companies are saying they are raising premiums in 2017 because of President Trump's actions](https://www.bloomberg.com/news/articles/2017-05-09/obamacare-premiums-rise-as-insurers-fret-over-law-s-shaky-future)."}
{"_id": "340723", "title": "", "text": "ParkAir Meet and Greet collects your vehicle at the London Heathrow Terminal 2 Short Stay Car Park Level 2 Zone A and B (Off airport parking bays are marked in black and white board). After handing in your vehicle to our Valet all you have to do is to make the less than 2 mins walk straight into the Depature Terminal to Check In."}
{"_id": "340730", "title": "", "text": "When your options vest, you will have the option to buy your company's stock at a particular price (the strike price). A big part of the value of the option is the difference between the price that your company's stock is trading at, and the strike price of the option. If the price of the company stock in the market is lower than the strike price of the option, they are almost worthless.  I say 'almost' because there is still the possibility that the stock price could go up before the options expire. If your company is big enough that their stock is not only listed on an exchange, but there is an active options market in your company's stock, you could get a feel for what they are worth by seeing what the market is willing to buy or sell similar exchange listed options. Once the options have vested, you now have the right to purchase your company's stock at the specified strike price until the options expire.  When you use that right, you are exercising the option.  You don't have to do that until you think it is worthwhile buying company stock at that price. If the company pays a dividend, it would probably be worth exercising the options sooner, (options don't receive a dividend).  Ultimately you are buying your company's stock (albeit at a discount).  You need to see if your company's stock is still a good investment. If you think your company has growth prospects, you might want to hold onto the stock.  If you think you'd be better off putting your money elsewhere in the market, sell the stock you acquired at a discount and use the money to invest in something else. If there are any additional benefits to holding on to the stock for a period of time (e.g. selling part to fit within your capital gain allowance for that year) you should factor that into your investment decision, but it shouldn't force you to invest in, or remain invested in something you would otherwise view as too risky to invest in. A reminder of that fact is that some employees of Enron invested their entire retirement plans into Enron stock, so when Enron went bankrupt, these employees not only lost their job but their savings for retirement as well..."}
{"_id": "340768", "title": "", "text": "If you don't carry a balance, there is no disadvantage. Merchants pay less for their in-house credit, so there are often incentives for you to use the store card. The perils of opening a credit card hurting your credit score are way overblown in general, if you have good to excellent credit. If you have excellent credit, there is no material effect on your ability to borrow. You'll get knocked down a few points when you open the card, but as long as you're not on a credit application frenzy there isn't an issue."}
{"_id": "340776", "title": "", "text": "Anyone have any ideas or suggestions for how a delivery startup can separate itself from the rest?   It seems they are all following the same business model and pattern as one another.  They only one that seems slightly different is Caviar with its curated approach. But, even that isn't a change in business model. It's just a change in marketing."}
{"_id": "340777", "title": "", "text": "Whether it's historically stronger or weaker isn't going to have an impact on you; the forex exposure you have is going forward if the exchange rates change you will have missed out on having more or less value by leaving it in a certain currency.   (Ignoring fees) Say you exchange \u20ac85 for $100, if while you're in the US the Euro gets stronger than it currently is, and the exchange rate changes to \u20ac8:$10; then you will lose out on \u20ac5 if you try to change it back, and the opposite is true if the euro gets weaker than it currently is you would gain money on exchanging it back.  Just look at it as though you're buying dollars like it were a commodity.  If the euro gets stronger it buys more dollars and you should've held onto it in euros, if it gets weaker it buys less dollars and you were better off having it in dollars.  You would want to use whichever currency you think will be weaker or gain the least against the dollar while you're here."}
{"_id": "340791", "title": "", "text": "\"It appears that the company in question is raising money to invest in expanding its operations (specifically lithium production but that is off topic for here). The stock price was rising on the back of (perceived) increases in demand for the company's products but in order to fulfil demand they need to either invest in higher production or increase prices. They chose to increase production by investing. To invest they needed to raise capital and so are going through the motions to do that. The key question as to what will happen with their stock price after this is broken down into two parts: short term and long term: In the short term the price is driven by the expectation of future profits (see below) and the behavioural expectations from an increase in interest in the stock caused by the fact that it is in the news. People who had never heard of the stock or thought of investing in the company have suddenly discovered it and been told that it is doing well and so \"\"want a piece of it\"\". This will exacerbate the effect of the news (broadly positive or negative) and will drive the price in the short run. The effect of extra leverage (assuming that they raise capital by writing bonds) also immediately increases the total value of the company so will increase the price somewhat. The short term price changes usually pare back after a few months as the shine goes off and people take profits. For investing in the long run you need to consider how the increase in capital will be used and how demand and supply will change. Since the company is using the money to invest in factors of production (i.e. making more product) it is the return on capital (or investment) employed (ROCE) that will inform the fundamentals underlying the stock price. The higher the ROCE, the more valuable the capital raised is in the future and the more profits and the company as a whole will grow. A questing to ask yourself is whether they can employ the extra capital at the same ROCE as they currently produce. It is possible that by investing in new, more productive equipment they can raise their ROCE but also possible that, because the lithium mines (or whatever) can only get so big and can only get so much access to the seams extra capital will not be as productive as existing capital so ROCE will fall for the new capital.\""}
{"_id": "340802", "title": "", "text": "Every car model/type has a know interval when things need maintenance or replacement. This info comes mainly from the manufacturer and the rental companies use these info to determine how long and at what rate a car should be rented (I mean in total, not rented to an individual) This is easiest calculated with a long term rental (3, or 4 years time. Leasing business) But is also used for short term rental.  There is a point in time were a car gets to have more maintenance and replacements then before. The rental company will always try to sell the car just before big replacements or maintenance are necessary. Of course your local mechanic can also now when those big 'events' need to take place. So he can know what to expect the next kms. I'm talking about foreseen replacements and maintenance (like every x km replace drive belt, replace oil ... I'm not referring to the exceptionals. These latter are the risk the rental companies take during the rental period."}
{"_id": "340815", "title": "", "text": "When you buy a futures contract you are entering into an agreement to buy gold, in the future (usually a 3 month settlement date).  this is not an OPTION, but a contract, so each party is taking risk, the seller that the price will rise, the buyer that the price will fall.  Unlike an option which you can simply choose not to exercise if the price goes down, with futures you are obligated to follow through. (or sell the contract to someone else, or buy it back)  The price you pay depends on the margin, which is related to how far away the settlement date is, but you can expect around 5% , so the minimum you could get into is 100 troy ounces, at todays price, times 5%.  Since we're talking about 100 troy ounces, that means the margin required to buy the smallest sized future contract would be about the same as buying 5 ounces of gold.  roughly $9K at current prices. If you are working through a broker they will generally require you to sell or buy back the contract before the settlement date as they don't want to deal with actually following through on the purchase and having to take delivery of the gold.  How much do you make or lose? Lets deal with a smaller change in the price, to be a bit more realistic since we are talking typically about a settlement date that is 3 months out. And to make the math easy lets bump the price of gold to $2000/ounce.  That means the price of a futures contract is going to be $10K   Lets say the price goes up 10%,  Well you have basically a 20:1 leverage since you only paid 5%, so you stand to gain $20,000. Sounds great right?  WRONG.. because as good as the upside is, the downside is just as bad.  If the price went down 10% you would be down $20000, which means you would not only have to cough up the 10K you committed but you would be expected to 'top up the margin' and throw in  ANOTHER $10,000 as well.  And if you can't pay that up your broker might close out your position for you. oh and if the price hasn't changed, you are mostly just out the fees and commissions you paid to buy and sell the contract.  With futures contracts you can lose MORE than your original investment.  NOT for the faint of heart or the casual investor.  NOT for folks without large reserves who can afford to take big losses if things go against them.  I'll close this answer with a quote from the site I'm linking below The large majority of people who trade futures lose their money.   That's a fact. They lose even when they are right in the medium term,   because futures are fatal to your wealth on an unpredicted and   temporary price blip. Now consider that, especially the bit about 'price blip' and then look at the current volatility of most markets right now, and I think you can see how futures trading can be as they say 'Fatal to your Wealth' (man, I love that phrase, what a great way of putting it)  This Site has a pretty decent primer on the whole thing. their view is perhaps a bit biased due to the nature of their business, but on the whole their description of how things work is pretty decent.  Investopedia has a more detailed (and perhaps more objective) tutorial on the futures thing.  Well worth your time if you think you want to do anything related to the futures market."}
{"_id": "340827", "title": "", "text": "\"You're not right about anything. Not a thing. First of all, your spelling and grammar sucks. You sound like you are completely stoned out of your mind with every word you write.  &gt;it could be night for me, other part of the globe u know.  You have made a number of statements showing that you live in the U.S. Sorry that won't work. You suggested I am more likely to make assumptions then linked to an article showing that smarter people are more likely to have confirmation bias. Thank you for the compliment.  Your argument about M2 is a poor argument. You keep saying increasing the money supply is good for the economy. Where do you think inflation comes from? Every country that tried printing massive amounts of money suffered serious consequences from it later. See the Roman Empire, Banana Republic, Byzantine, post World War I Germany which led to the rise of Adolf Hitler etc. Your argument that printing money and giving it graduates is deflationary also defies all logic.  &gt;see, im still smarter than you are.  You haven't proven that by any objective measure.  &gt;i know wut's going on, while you don't and instead argue with emotion and arrogance and willful ignorance and name calling.  You meant you know \"\"what's\"\" going on? In the future it might be better to break your sentences up a little. You crammed three (very poorly written) sentences into one. You should also take a grade school grammar class on the overuse of conjunctions such as \"\"and.\"\" You used it four times in that sentence which dilutes its effectiveness. I'd ask you to elaborate but I am not interested in listening to one more of your nonsensical theses.  There is also no emotion in anything I've written. Just annoyance. No willful ignorance. Just an informed, unbiased position based solely off of facts. I strongly encourage you to do the same some day.\""}
{"_id": "340828", "title": "", "text": "REIT is to property as Mutual Fund is to stock.  In others words, a REIT spreads your risk out over a greater number of properties, making the return safer, at the expense of both upside and downside risk. On average, both would average out to be the same. That said, you have a much wider range of outcomes when investing in a single property. As with stocks, over the long haul, unless you think you can somehow beat the market, divirsification is usually considered the better move.  Technically, your ROI is the same, but your beta is much better in a REIT."}
{"_id": "340831", "title": "", "text": "At least five of my co-workers are currently re-financing through Amerisave.  Four have had a wonderful experience.  The fifth has been dealing with a representative who constantly misunderstands him, asks for duplicate paperwork, and is in general fairly annoying to deal with.  He is willing to go through the hassle because he found the lowest rates through them.  All five co-workers recommend Amerisave despite this one co-worker's difficulties. Another person I know has refinanced through mortgagefool.com twice with good results. In general I think online lenders are like brick and mortar lenders in that some will be good, some will be not-so-good."}
{"_id": "340842", "title": "", "text": "First of all, I am sorry for your loss. At this time, worrying about money is probably the least of your concerns. It might be tempting to try to pay off all your debts at once, and while that would be satisfying, it would be a poor investment of your inheritance. When you have debt, you have to think about how much that debt is costing you to keep open. Since you have 0%APR on your student loan, it does not make sense to pay any more than the minimum payments. You may want to look into getting a personal loan to pay off your other personal debts. The interest rates for a loan will probably be much less than what you are paying currently. This will allow you to put a payment plan together that is affordable. You can also use your inheritance as collateral for the loan. Getting a loan will most likely give you a better credit rating as well. You may also be tempted to get a brand new sports car, but that would also not be a good idea at all. You should shop for a vehicle based on your current income, and not your savings. I believe you can get the same rates for an auto loan for a car up to 3 years old as a brand new car. It would be worth your while to shop for a quality used car from a reputable dealer. If it is a certified used car, you can usually carry the rest of the new car warranty. The biggest return on investment you have now is your employer sponsored 401(k) account. Find out how long it takes for you to become fully vested. Being vested means that you can leave your job and keep all of your employer contributions. If possible, max out, or at least contribute as much as you can afford to that fund to get employee matching. You should also stick with your job until you become fully vested. The money you have in retirement accounts does you no good when you are young. There is a significant penalty for early withdrawal, and that age is currently 59 1/2. Doing the math, it would be around 2052 when you would be able to have access to that money. You should hold onto a certain amount of your money and keep it in a higher interest rate savings account, or a money market account. You say that your living situation will change in the next year as well. Take full advantage of living as cheaply as you can. Don't make any unnecessary purchases, try to brown bag it to lunch instead of eating out, etc. Save as much as you can and put it into a savings account. You can use that money to put a down payment on a house, or for the security and first month's rent. Try not to spend any money from your savings, and try to support yourself as best as you can from your income. Make a budget for yourself and figure out how much you can spend every month. Don't factor in your savings into it. Your savings should be treated as an emergency fund. Since you have just completed school, and this is your first big job out of college, your income will most likely improve with time. It might make sense to job hop a few times to find the right position. You are much more likely to get a higher salary by changing jobs and employers than you are staying in the same one for your entire career. This generally is true, even if you are promoted at the by the same employer. If you do leave your current job, you would lose what your employer contributed if you are not vested. Even if that happened, you would still keep the portion that you contributed."}
{"_id": "340846", "title": "", "text": "Sadly, Fox News will limp along on cable for the next 3 decades.  Ditto on the commercials. It's been a while since I saw a commercial that actually made me want to go out and buy something, with the exception of car commercials. Yeah I'll admit it - I want to go out and buy a new Lincoln."}
{"_id": "340857", "title": "", "text": "Well first off, I would advice you to do this research yourself. You should not base your selection off someone's opinion such as mines.  With that being said, these are some factors I suggest you consider and research before talking to an offshore bank account: Now, when opening an offshore account most offshore banks do not require you to be present at all. You can open an account simply by calling them or filling out their application online. However, be prepared to provide them with some information to verify who you are and the nature of your business such as a notarized passport along with other various forms of information that they may require. Just think of what your local bank requires is generally what they will ask as well. Here is a compiled list of offshore bank accounts to consider: These banks overall have a range between $0 - $1 million (domestic currency) minimum deposits. Most of them ranging from $1000-$5000. It all depends on the type of account, the nature of the account, and the business associated with the account."}
{"_id": "340875", "title": "", "text": "The classic reddit throwaway comment.   This is not an issue of frailties of statistics, but of cheap methodological reporting. The statistics may be rock solid, but without adequate reporting on methodology, including sampling, we must interpret with caution.  That said, 500 hiring managers is not a bad sample size provided it is truly random (unlikely) or intelligently stratified (possible). You can get fairly stable results without needing 5,000 respondents. It's probably around a 4-4.5% margin of error - notable, but not terrible."}
{"_id": "340911", "title": "", "text": "\"Yes there is - not for all apps, I guess - apple's weather app settings are always or never. Most others seem to have \"\"while using\"\" or \"\"never\"\" as options (no \"\"always\"\").   I'm glad I checked this.... Apple is a tricky little bastard:   I have most apps set to \"\"never,\"\" including \"\"compass.\"\"   But in a separate \"\"system services\"\" folder, there is \"\"compass calibration\"\" (along with others, like motion calibration and distance) set to always (with a symbol that it's been used in the past 24 hrs).   Worth double checking the settings in system services :)\""}
{"_id": "340919", "title": "", "text": "If you will be there 5-6 years it could be viable. Here are some of the cost considerations: There may be some more fees, but that should be the bulk of it - You'll have to do the math on all of the above and see which makes sense :)"}
{"_id": "340934", "title": "", "text": "&gt; I'm certain there is a very strong relationship between the amounts written on the checks and the worth of that product or service to the person with the pen.  Counterexample:   Let's say you are a professional horse gambler with winning strategy (let's say you can predict horses better than anyone!) playing against other players on the betting exchange. The person on the other end will always end up paying you and gets nothing."}
{"_id": "340947", "title": "", "text": "The brokerage executes the transactions you tell them to make on your behalf. Other than acting as your agent for those, and maintaining your account, and charging a fee for the service, they have no involvement -- they do not attempt to predict optimal anything, or hold any assets themselves."}
{"_id": "341003", "title": "", "text": "The best way to look at it is this: I would suspect most people would say no.  Most people do not have the time, skill, or risk tolerance to be able to leverage capital as large as the value of their own home. Remember that a 15-year fixed has a slightly lower interest rate than a 30-year fixed (difference of 0.5\u20131%).  If you won't have the discipline to invest every cent left in your pocket, then you are better off with the 15-year and the lower rate."}
{"_id": "341011", "title": "", "text": "It was probably a good business decision on their part. It's not good business to get into protracted legal battles even when you know you're legally in the clear.   They made a pretty decent profit on what I'm guessing will be a fairly short lived product. Engaging in a protracted legal battle would do nothing more than deplete those profits."}
{"_id": "341034", "title": "", "text": "Very interesting.   I assume a lot of the financial practices of European companies have their roots in Middle Age banking practices, so you'll have to delve into some history.  Also relating the Euro debt crisis to your topic will make your thesis timely and more interesting.  Best of luck!"}
{"_id": "341074", "title": "", "text": "Thank you shizenmeister for voting on haikubot-1911.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).   ^Even ^if ^I ^don't ^reply ^to ^your ^comment ^, ^I'm ^still ^listening ^for ^votes. ^Check ^the ^webpage ^to ^see ^if ^your ^vote ^registered!"}
{"_id": "341077", "title": "", "text": "I don't think anything will change as long as you can buy a politician in this country. The get elected, fulfill the promises only to those that contributed to their campaign and then go out stumping to raise more money. There is no way you can win their loyalty unless you give them their required blood money. Unless you're a HUGE giver, you won't get what you want. One politician's vote won't do anyone any good so you have to sway several of them which requires even more money.   The one good thing about Obama's presidency was that america got to see how big of a poser these politician's can be. They claim to be the exact opposite of the incumbent before them, then, regardless of whether they are a dem or rep., they continue with the exact (or worse) policies. Hopefully, the voters of this country wise up and realize it's not dems vs reps. it's haves vs have nots."}
{"_id": "341085", "title": "", "text": "Probably, but that would probably have been better for Blockbuster than to let it kill them.  I think it depends on how you see the situation: was Blockbuster's demise inevitable, or was Netflix a special organisation that achieved things others couldn't? If Netflix is something special, then buying them would have given Blockbuster a few years of breathing room at least, and they might still be alive."}
{"_id": "341102", "title": "", "text": "I believe that the Wikipedia article is attempting to draw a difference between dollar cost averaging as a result of investing when money becomes available (i.e. 401k contributions from your paycheck) and spreading out a lump sum investment. For the former you want to continuously invest as the money becomes available following your predetermined plan for allocation. For the later it may be reasonable to consider the market as you decide how and the timing for investing."}
{"_id": "341118", "title": "", "text": "The article has tons of mistakes. The first sentence:   *It seems like a very unlikely situation, but McDonald\u2019s can now add the country of Bolivia where it came and attempted to conquer the food market and to its chagrin was tossed out.*  Seriously. What the fuck?"}
{"_id": "341119", "title": "", "text": "If they're hiding their profits from the government, what makes you think they wouldn't hide their profits from their shareholders?"}
{"_id": "341146", "title": "", "text": "While tax deferral is a nice feature, the 401k is not the Holy Grail.  I've seen plenty of 401k's where the investment options are horrible: sub-par performance, high fees, limited options.   That's great that you've maxed out your Roth IRA.  I commend you for that.   As long as the investment options in your 401k are good, then I would stick with it."}
{"_id": "341148", "title": "", "text": "I say, before investing your real capital into the Stock Market, play around on the virtual stock exchange game. It let's you invest with virtual capital and you can gain experience with the stock market. I wouldn't start investing in stock until I'm sure I can cover losses though. If you do intend to invest stocks so early in your career, then you should learn how to read SEC filings (not necessary, but helpful in understanding how investors think) such as 8-K/10-K/10-Q documents so you can predict profitability and growth of companies you invest in. Once you become a veteran of the stock market game, you probably won't need to read the SEC filings into too much detail - especially if you have a diverse portfolio. Good Luck. The one takeaway from this message would probably be: Stop! and play around on virtual stocks before immersing yourself in the real thing."}
{"_id": "341149", "title": "", "text": "I can't tell if it's very clever marketing or very foolish; I'd settle on a combination, especially since the former chief executive admitted that it is due to cases like this, where people were encouraged to live beyond their means, that took a needle to the property bubble in 2008.   It's quite dangerous, as you say, to present adverts as news. What's slightly more insidious in my eyes is in the way in which it's presented as a blog piece, which comes with connotations of informality and honesty, constructed to leave a feel-good affect on the reader.   The advert seems to have struck a chord with a lot of people, who were very vocal in their disappointment. Critiques of the article were leads in two of Ireland's biggest newspapers, The Irish Times and the Irish Independent. Either way it's great publicity for Bank of Ireland, I guess."}
{"_id": "341151", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/world/2017/jun/01/super-rich-evade-on-average-nearly-third-of-their-due-tax) reduced by 59%. (I'm a bot) ***** &gt; The richest 0.01% of households, involving those with more than &amp;pound;31m assets, evade paying 30% of their taxes on average, according to an academic study of tax evasion based on data revealed in the Panama Papers and the leaks concerning the HSBC Swiss private bank.  &gt; The paper found that the super-rich evaded more than 10 times as much of their due taxes as the wider population, which on average evaded 2%. Most of the tax was evaded by hiding wealth in offshore accounts, which the researchers said was &amp;quot;Extremely concentrated&amp;quot; in the hands of only the very wealthy, who could afford accountants, lawyers and bankers to advise them on setting up such holdings.  &gt; &amp;quot;Our results highlight the need to move beyond tax records to capture the income and wealth of the very rich, even in countries where tax compliance is generally high.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ew5ew/superrich_evade_on_average_nearly_third_of_their/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135016 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wealth**^#1 **tax**^#2 **very**^#3 **researchers**^#4 **found**^#5\""}
{"_id": "341172", "title": "", "text": "\"To me this is the Entertainment Industy's War on Terror, meaning they use a bullshit excuse of \"\"pirates\"\" to do whatever they want.  This is simply another way corporations can get around anti-trust laws by shutting down shit they dont agree with and just labeling it piracy, especially since they can do so with impunity.\""}
{"_id": "341192", "title": "", "text": "\"In the case of a specific fund, I'd be tempted to get get an annual report that would disclose distribution data going back up to 5 years.  The \"\"View prospectus and reports\"\" would be the link on the site to note and use that to get to the PDF of the report to get the data that was filed with the SEC as that is likely what matters more here.  Don't forget that mutual fund distributions can be a mix of dividends, bond interest, short-term and long-term capital gains and thus aren't quite as simple as stock dividends to consider here.\""}
{"_id": "341205", "title": "", "text": "I think it's safe to say that removing the deduction will do a lot more than hurt the housing market. Consumer discretionary income will decrease and most likely hamper the growth in the economy we have seen since 2008. Seems like shitty policy to move when republicans are also trying to cut corporate taxes."}
{"_id": "341220", "title": "", "text": "\"No, there are no issues.  When you form the corp in DE, you pick a business there to serve as your \"\"agent\"\" (essentially someone who knows to get in contact with you).  The \"\"agent\"\" will notify you about taxes and any mail you get, but besides the fee they charge you for being the agent, you should file all the taxes directly with DE (franchise tax is easy to file on the web) instead of going through the agent and paying a surcharge. When your LLC files taxes, you'll do so in DE and then the LLC will issue you a federal and state K1.  You'll file taxes where you reside and use the federal K1, but I think you might have to file DE state taxes (unsure about this part, feel free to edit or comment and I'll correct).\""}
{"_id": "341222", "title": "", "text": "&gt; if higher skill jobs like IT are being outsourced for the sake of saving money, you can bet your ass that the lowly unskilled labor positions will be the first to go.  Guys this ain't new, and its not news. Outsourcing has been going on for decades, and tons if not all of the unskilled blue collar jobs are gone.   Yet we still have 5% unemployment and a drastic shortage of skilled programers, mathematicians, scientists, physicists etc.   Globalization isnt a bad thing."}
{"_id": "341235", "title": "", "text": "This is called currency speculation, and it's one of the more risky forms of investing.  Unless you have a crystal ball that tells you the Euro will move up (or down) relative to the Dollar, it's purely speculation, even if it seems like it's on an upswing.  You have to remember that the people who are speculating (professionally) on currency are the reason that the amount changed, and it's because something caused them to believe the correct value is the current one - not another value in one direction or the other. This is not to say people don't make money on currency speculation; but unless you're a professional investor, who has a very good understanding of why currencies move one way or the other, or know someone who is (and gives free advice!), it's not a particularly good idea to engage in it - while stock trading is typically win-win, currency speculation is always zero-sum. That said, you could hedge your funds at this point (or any other) by keeping some money in both accounts - that is often safer than having all in one or the other, as you will tend to break even when one falls against the other, and not suffer significant losses if one or the other has a major downturn."}
{"_id": "341252", "title": "", "text": "17.5 thousand miles/year is pretty high mileage.  You could find an Accord or Civic of comparable age with much lower mileage than that, and it wouldn't be a stretch for someone (even with your limited credit history) to get a loan on an old car like that.  You might try to have your parents cosign on a loan depending on their financial circumstances.  That's how I bought my first car 13 years ago. The biggest surprise you might want to consider is the cost of full collision auto coverage which will be required by whatever bank you finance through.  Get quotes for that before signing any papers.  (I spent $2000 more on a motorcycle because the more powerful one cost $2000 less/year to insure just a few years after I bought that first car.)  Speaking of which, another thing to consider given the nice LA weather is a motorcycle.  The total cost of ownership is much lower than a car.  You will probably not want to pursue that option if you do not have medical insurance, and you may not want to anyway."}
{"_id": "341256", "title": "", "text": "Again, you are asking people to trust you with their life savings so you can take your 1% and the best you can do is google? You don't have a lawyer or anything? Plenty of advisory shops allow you to set up your own business within their infrastructure."}
{"_id": "341258", "title": "", "text": "If you have a single-member LLC that is treated as a disregarded entity (i.e. you didn't elect to be taxed as a corporation), and that LLC had no activity, you're off the hook for federal reporting. The LLC's activity would normally be reported on your personal tax return on a Schedule C. If the LLC had under $400 in taxable earnings, no Schedule C is needed. So an inactive LLC does not have a tax reporting requirement. (If you had taxable income but under $400, you include that amount on your 1040 but don't need a Schedule C.) In Texas, you still must file a Texas franchise tax report every year, even for a single-member LLC with no activity."}
{"_id": "341260", "title": "", "text": "Royal White Marmo stone PVT .LTD. initiated in 2005, at Rajsamand. This is manufacturing, exporting and supplying company in India. We offered polished texture, pure finishing, and stable, natural white and best durability marble stones. We have advanced technologies in our company. Our company has white marble mines that are completing client\u2019s requirements also. http://royalwhitemarmostone.in/index.php#Indian-Marble-Price"}
{"_id": "341262", "title": "", "text": "The pharma company gets paid for the use of a drug, regardless of what they are used for.  FDA rules prohibit pharma companies from promoting (in any fashion) the use of their products for non-labelled uses. This includes situation where there is some scientific and clinical evidence for the products use, but they do not have formal approval yet.  In these situations, doctors are allowed to use their judgement on what would work for their patient. If the doctor chooses to use a particular product for treatment, then they can.  However, payers (i.e. insurance companies) can choose whether or not to reimburse a drug for off-label use. If they don't, then the patient would need to pay out of pocket."}
{"_id": "341277", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Apple, Disney, and Amazon named most intimate brands of 2017](https://np.reddit.com/r/talkbusiness/comments/7870hu/apple_disney_and_amazon_named_most_intimate/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "341284", "title": "", "text": "irresponsible jerk? go fuck yourself.    I did nothing illegal, unethical, immoral, or irresponsible. I racked up a large amount of debt (as the banks intended) and when I got into a position I couldn't pay any longer I tried to negotiate.  I spent hours on the phone, days all in all. the banks response (six different banks) we don't give a fuck. so I took that attitude and ran with it.  it's only business.  in addition I profited by a few thousand dollars suing a collection agency/lawyer group that got a judgement against me using forged documents. JUdgment was removed, my lawyer got 7 grand, I got three, and the debt was erased.  win, win, win, and did I say fuck you? fuck you."}
{"_id": "341293", "title": "", "text": "\"When they entered Bankruptcy they changed their stock symbol from AAMR to AAMRQ. The Q tells investors that the company i in Bankruptcy. This i what the SEC says about the Q: \"\"Q\"\" Added To Stock Ticker Symbol When a company is involved in bankruptcy proceedings, the letter \"\"Q\"\"   is added to the end of the company's stock ticker symbol. In most   cases, when a company emerges from bankruptcy, the reorganization plan   will cancel the existing equity stock and the old shares will be   worthless. Given that risk, before purchasing stock in a bankrupt   company, investors should read the company's proposed plan of   reorganization. For more information about the impact of bankruptcy   proceedings on securities, please read our online publication,   Corporate Bankruptcy. The risks are they never recover, or that the old shares have nothing to do with new company. Many investors don't understand this. Recently some uninformed investors(?) tried to get a jump on the Twitter IPO by purchasing share of what they thought was Twitter but was instead the bankrupt company Tweeter Home Entertainment. Shares of Tweeter Home Entertainment, a Boston-based consumer   electronics chain that filed for bankruptcy in 2007, soared Friday in   a case of mistaken identity on Wall Street. Apparently, some investors confused Tweeter, which trades under the   symbol TWTRQ, with Twitter and piled into the penny stock. Tweeter, which trades over the counter, opened at 2 cents a share and   jumped as much as 15 cents \u2014 or 1,800 percent \u2014 before regulators   halted trading. Almost 15 million shares had changed hands at that point, while the   average daily volume is closer to 150,000. Sometimes it does happen that the new company does give some value to the old investors, but more often then not the old investors are completely wiped out.\""}
{"_id": "341324", "title": "", "text": "Most of us know that accounting is an important business activity. But, how many of you know that it is more crucial to maintain personal finance accounts? Yes, it is rather essential to plan for a successful future. How could this be referred so?"}
{"_id": "341346", "title": "", "text": "\"&gt;he's confusing money with credit. Money is accumulated work, not debt.  It's not accumulated **work**, because work has no intrinsic value. Money is a placeholder for **product**. Money is a token used to distribute fractional shares of product, just like an IOU, before the product is completed and tradable.  In the case of our currency now, the risk of specific IOU-based money  becoming worthless is avoided by making it a true fiat currency. It is still, however, effectively a placeholder for **debt**. The debt is simply collective, distributed, and easily divided into arbitrary amounts to pay for goods and services. If I have worked for my employer for a week building widgets and he has given me $100, the he has a bunch of widgets and I have a piece of paper with \"\"$100\"\" printed on it. That piece of paper has little intrinsic value. It is a placeholder for a partial share of the debt owed the company for giving people widgets, which they accumulated by creating fudgits where they work, and it continues backwards all the way to the Federal Reserve which says to the banks \"\"I will give you $10billion if you promise to repay it later with interest\"\".  You know what prime rate lending is, right? **There's the debt upon which the whole system is built**.\""}
{"_id": "341348", "title": "", "text": "This is how its done  I am a certain french bank, aka sg  I have some PIIGS debt, I can use this as collateral at face value (100), with the ECB in order to secure cash... Lets say I use 1mn of BTPS (italian debt), this has an MTM (clean) of 88.  I use that 88 to get me 100 (1mn) of cash, from which I buy another BTPS, for (88), of which I use as collateral pledged to the ECB to get this, get another BTPS.  So now I am long 3 BTPS, all pledged to the ECB and I have 36 in cash and I owe the ECB 300+r in 3 years.  remember the yield on my shitty btps is a lot higher than the interest on the deposits.  Secondly, I have three years, so I don't need to give a fuck about the mark to market on the notes (I could even buy a 2 year and n month note maturing just before). So I can make some free yield at the ECB's expense.  Also this frees up 36 in cash, of which I can use to meet short term funding instead of tapping the bond market, this trade can be made infinitely, although the ECB might catch on.  You can view it as getting a mortgage on your house to buy another house, then mortgaging house #2 to buy house #3, and so on."}
{"_id": "341351", "title": "", "text": "One very impressive reason behind people opting for this version even in stacking doors is that it is highly energy-efficient. According to the experts, one of the primary ways in which a home experiences heat loss is through windows and homes because of the thermal effects that a home with double glazed windows and doors stays cooler in summers and warmer in winters."}
{"_id": "341372", "title": "", "text": "The article states these are not good jobs. My area everywhere is hiring like crazy. But it's all minimum wage fast food, retail, and commission based jobs who only guarantee minimum wage. Nobody is complaining about jobs, they're complaining about the lack of quality jobs that can sustain a family."}
{"_id": "341376", "title": "", "text": "&lt;/sarcasm&gt;?  If not, you really have no idea what life is like for the majority of the US.  The insurance, she probably doesn't have.  The savings, is probably not enough to retire and her kids are probably ~25-50% unemployed depending on age and education."}
{"_id": "341393", "title": "", "text": "Well, they tried but banks pretty much refused to lend and/or people refused to borrow. At least not enough to ignite inflation.  And now with a tightening cycle underway it's going to take a recession to get the fed to change course."}
{"_id": "341399", "title": "", "text": "A possibility could be real estate brokerage firms such as Realogy or Prudential. Although a brokerage commission is linked to the sale prices it is more directly impacted by sales volume. If volume is maintained or goes up a real estate brokerage firm can actually profit rather handsomely in an up market or a down market.  If sales volume does go up another option would be other service markets for real estate such as real estate information and marketing websites and sources i.e. http://www.trulia.com. Furthermore one can go and make a broad generalization such as since real estate no longer requires the same quantity of construction material other industries sensitive to the price of those commodities should technically have a lower cost of doing business. But be careful in the US much of the wealth an average american has is in their home. In this case this means that the economy as a whole takes a dive due to consumer uncertainty. In which case safe havens could benefit, may be things like Proctor & Gamble, gold, or treasuries. Side Note: You can always short builders or someone who loses if the housing market declines, this will make your investment higher as a result of the security going lower."}
{"_id": "341413", "title": "", "text": "\"They don't have to take cash if they reasonably told you in advance they don't take cash, because they made fair effort to prevent you from incurring a debt.  They don't have to take cash if the transaction hasn't yet happened (not a debt) or if it can be easily undone at no cost to either party - such as a newspaper subscription they can just stop delivering.  Both of these reasons are limited by the rules against discrimination, see below.  They don't have to take cash if it's impracticable. For instance a transit bus when fares first went to $1.00, it took years to fund new fareboxes able to take paper money.  You don't have to take a mortgage payment in pennies.  Liquor stores don't have to take $100 bills. (it requires them to keep too much change in the till, which makes them a robbery target).  Trouble arises when it appears there's an ulterior motive for the rule.   Suppose a Landlord Jim requires rent to be paid with EFT.  Rent-controlled Marcie tells the judge \"\"It's a scheme to oust me, he knows I'm unbanked\"\".  Jim counters \"\"No. I got mugged last month because criminals know when I collect cash rents.\"\"  It will turn on whether Jim can show good-faith effort to work with his unbanked tenants to find other ways to pay. If Jim does a particularly bad job of this, he could find himself paying Marcie's legal bills! Even worse if the ulterior motive is discrimination. Chet the plumber hates Muslims. Alice the feed supplier hates the Amish.  So they decide to take credit cards only, knowing those people's religions don't allow them.  Their goose is cooked once they can't show any other reasonable reason to refuse cash.\""}
{"_id": "341424", "title": "", "text": "It has got to do with market perceptions and expectation and the perceived future prospects of the company. Usually the expectation of a company's results are already priced into the share price, so if the results deviate from these expectations, the share price can move up or down respectfully. For example, many times a company's share price may be beaten down for increasing profits by 20% above the previous year when the expectation was that it would increase profits by 30%. Other times a company's share price may rise sharply for making a 20% loss when the expectation was that it would make a 30% loss. Then there is also a company's prospects for future growth and performance. A company may be heading into trouble, so even though they made a $100M profit this year, the outlook for the company may be bleak. This could cause the share price to drop accordingly. Conversely, a company may have made a loss of $100M but its is turning a corner after reducing costs and restructuring. This can be seen as a positive for the future causing the share price to rise. Also, a company making $100M in profits would not put that all into the bank. It may pay dividends with some, it may put some more towards growing the business, and it might keep some cash available in case cash-flows fluctuate during the year."}
{"_id": "341427", "title": "", "text": "If you spoke in front of a group of people in 2001 about the possibility of be lowered, you would be written off as a kook. Now S&P is talking about a negative credit outlook -- scary stuff. It's scary because a base assumption in any risk model is that US Treasury debt is utterly reliable and comes with zero default risk. So publicly banding about the notion that US Treasury debt may be less the AAA in two years is a shock to the system and changes the way many people assess risk. It's also scary because Treasury debt is auctioned... will a spooked market still accept a measely 2.9% return for a 7 year T-Bill? But while the prospect of a credit downgrade is truly a bad thing, you also need to take the S&P statements with a grain of salt -- since being a named a villain during the mortgage implosion (these were the guys who declared junk mortgage securities as AAA), they now err on the side of doom and gloom. So while things are bad, they've been bad since the Bush administration was forced to put Fannie Mae & Freddie Mac on the government balance sheet to stave off a bank panic. The scary stuff about default in July due to the debt ceiling debate is not very credible at all. Unless the Republican House plans on dramatically slashing spending on Medicare, Defense or Social Security and have the votes to stick to that strategy, the debt ceiling will be raised after much ado. Politicians talk tough, but have a proven track record of creating financial problems tomorrow to fix electoral problems today."}
{"_id": "341429", "title": "", "text": "I just cancelled Fresh because of the monthly fee and the fact that they were always out of things we wanted to order. We switched to a local grocery chain that offers delivery and online order pickup. They have more delivery times available, better stock and no monthly fee. I'll definitely check out Fresh again once they get some good integration with the WFM stores."}
{"_id": "341439", "title": "", "text": "The best way to stop wasting food is to create a weekly plan. Every weekend, before making your grocery shopping, take 30-60 mins and plan (with your spouse if your married) for the next week's meals. It doesn't need to be too detailed, but it'll help you to approximate what you need in terms of food for the whole week and buy accordingly. I have a similar problem where I need to go out often and also work a lot. But spending some time on the weekend to create a plan helps me minimize my wastage a lot. My inspiration to do this has been from the below 2 articles from Trent in SimpleDollar http://www.thesimpledollar.com/2008/10/16/how-to-plan-ahead-for-next-weeks-meals-and-save-significant-money-a-step-by-step-guide/ http://www.thesimpledollar.com/2007/09/15/the-one-hour-project-plan-your-meals-for-one-week-in-advance/"}
{"_id": "341445", "title": "", "text": "China's GDP and foreign investment are an increasing portion of real growth, including massive infrastructure investments, from Africa to Asia  to Latin America. That is what makes their financial system and currency strong. The US is still stuck with financial bubbles. We would be better cooperating with China on their Belt and Road plans, joining the AIIB, and giving up the Neocon dreams of world hegemon. THEN, the dollar might be restored to some greater real value."}
{"_id": "341455", "title": "", "text": "The other answers are good, but not UK-specific. You need to look for an Independent Financial Advisor (IFA). These are regulated by the FCA and you pay them a time-based fee for their services, they do not take commission on the products they recommend to you.  The Government Money Advice Service page (hat tip to @AndyT in the comments on the question for the link) tells you how to go about finding one of these and what sort of questions to ask. Contrary to the note in the answer by @Harper, in the UK many IFAs do have perfectly nice offices, this is not a sign that should put you off.  Personal recommendations for IFAs are usually the best way to go but failing that there are directories of them and many will have an initial conversation with you for free to ensure you are aligned with each other."}
{"_id": "341473", "title": "", "text": "Not clear what you're asking.  Are you trying to figure out their SIC/NAISC classification?  That tells you the business category they fall into, but there's no simple, instant way to find that out.  Much also depends on how the credit card issuer has classified them and how they arrived at that information. They may have a different means of classifying merchants, so you might try to call your bank and ask them, if they're able/willing to tell you.  That'll give you a starting point to figure it out, anyway."}
{"_id": "341481", "title": "", "text": "True, but the number of investors who are successful with this strategy is negligible. You are basically just trading return for volatility. A well built portfolio will be better than trying to time the market, at least historically."}
{"_id": "341483", "title": "", "text": "Just to be clear, you didn't find a flaw in the logic but you did disagree with the premise by providing a counterexample.  But I'm not sure your example is valid; Buffett is smart enough to know that his name is as important as his money.  While he mouths support for increased taxes, he goes to extraordinary lengths to avoid actually paying them.  I suppose taxes aren't as cheap as talk, huh.  &gt; If John selling Jim ten thousand cows introduces systemic risk to the economy, then yes, the rest of the market players should be compensated.  Pray tell, what angel do you trust to make the decision of whether and to what extent systemic risk is introduced?"}
{"_id": "341484", "title": "", "text": "When it comes to gold coins, the purity counts more than any other attribute. For this reason, if you plan to invest in gold bullion or would like to buy gold just for its sake, you need to make sure you know what to look for. You can look for online tips on how to determine the purity level of gold coins."}
{"_id": "341493", "title": "", "text": "\"Another consideration is that you are going to wind up with money in the \"\"regular\"\" 401(k) no matter which one you contribute to.  The employer match can't go into the Roth 401(k). So all employer matching funds go in with pre-tax dollars and will be deposited in a normal 401(k) account. Edit from JoeTaxpayer - 2013 brought with it the Roth 401(k) conversion the ability to convert from the traditional pretax side of your 401(k) account to the Roth side.\""}
{"_id": "341508", "title": "", "text": "It's highly unlikely that you will be able to achieve 8% and would consider myself lucky to get 4% in the current interest rate environment.  You might want to read some reviews of peer-to-peer lending and even try it out some yourself.  Give yourself something like 2000 Euros/Dollars and a year.  If you truly need 8% to retire, then you are not ready to retire. Here in the US it increases the complexity of your tax forms.  I did an experiment with lending club.   Here is what I found: After 18 months of giving it a try, I decided to abandon this strategy.  My money will receive better and safer returns in a dividend focused mutual fund. However, I encourage you to give it a try yourself."}
{"_id": "341518", "title": "", "text": "Yep, I often think that baby boomers don't understand that there's inflation and that the salary they had years ago might not be good enough..  Sure, median income has decreased in the last decade, but it's no excuse for paying engineers 45K because they'll jump ship as soon as they put their resume on Monster and get offer of 60-80k."}
{"_id": "341542", "title": "", "text": "Uber relies on a 3rd party service which is basically only slightly better than a Google search. It's a big sticking point because many cities conduct better more thorough background checks with their taxi drivers but Uber doesn't want that because it can sometimes takes months, and thus cut into profit.  Not to mention even when Uber was starting out, surge prices easily made it cost 2-3x more than taxis during peak times. A lot of cities already solved this problem with taxis by forcing them to charge flat rates. A regulation that Uber simply ignored.  Uber is basically one step forward (the app), two steps back"}
{"_id": "341544", "title": "", "text": "Index funds, like IBB, generally lack active management, which equates to lower expenses. This is simply because the target index, the NASDAQ Biotechnology Index in the case of IBB, is composed of known quantities. This means there won't be stock pickers or analysts constantly swapping holdings, increasing the turnover rate of the portfolio and increasing capital gains; costs that are offset by higher expense ratios in more actively managed funds."}
{"_id": "341562", "title": "", "text": "\"The government as it exists today is still accountable to the people. One of Trumps most popular phrases is \"\"law and order,\"\" and was said in response to this exact issue, that the Obama and Bush white houses were picking and choosing which laws they wanted to follow. Its one of many reasons why he defeated Hillary Clinton by such a wide electoral margin. This a problem people have been foaming at the mouth about since the financial crisis.  But if you go out of the way to give the government more and more power out of a false moralistic fantasy of a socialistic future where ego, greed, and hatred don't exist in every human soul, it is inevitable that the government will abuse that power in a big way. Arguably, it already has been. See Patriot Act and NDAA.  A bigger, more powerful government is the last thing we need. What we need to do is take back control.\""}
{"_id": "341579", "title": "", "text": "Damn. I just looked to confirm. Without reinvestment (but just holding dividends), looks like the return through 2013 is 0 and then there have been decent returns since 2013, but holy shit, it does not look good at all. All of that not adjusted for inflation.  I wonder how much of that shitty performance can be reasonably classified as 'necessary' due to the spin-off of GE Capital, which generated a lot of the profit for GE but really was a huge problem for them when liquidity became scarce in 2008."}
{"_id": "341583", "title": "", "text": "\"&gt; cost of living for \"\"basic living\"\"(whatever that means)  \"\"By necessaries I understand not only the commodities which are indispensably necessary for the support of life, but what ever the customs of the country renders it indecent for creditable people, even the lowest order, to be without. A linen shirt, for example, is, strictly speaking, not a necessary of life. The Greeks and Romans lived, I suppose, very comfortably, though they had no linen. But in the present times, through the greater part of Europe, a creditable day-laborer would be ashamed to appear in public without a linen shirt, the want of which would be supposed to denote that disgraceful degree of poverty which, it is presumed, nobody can well fall into, without extreme bad conduct. Custom, in the same manner, has rendered leather shoes a necessary of life in England.\"\"  - Adam Smith on relative poverty, The Wealth of Nations  &gt; Because without central authority, you cannot actually change the price of a good permanently.   Who said I wanted to do that?\""}
{"_id": "341602", "title": "", "text": "&gt;Like when I got my passport renewed, I had to send in a bunch of shit with the check.  Really?  I did my renewal online.. When I needed a new drivers license I did that online too (and they pulled the photo from my passport IIRC).  All of that was paid for by card.  I think if you do a new passport application, or you need to include new photos you can't do the whole thing online and need to do some verification steps (but you can do those at post offices IIRC..)."}
{"_id": "341607", "title": "", "text": "I think retail stores, as we know them are already dead, or at least terminally ill. Some places will survive, but they'll be more focused on providing niche products that should be scene in person before buying. Online shopping is just too convenient and cheap, and as return policies improve less and less people will be worried about actually holding things before they buy it."}
{"_id": "341625", "title": "", "text": "Frankly, the article is mostly right, but I disagree with his specific recommendation.  Why use one of these software services at all?  Put your money into a retirement (or other) account and invest it in index funds.  Beating index funds over the long run is pretty difficult, and if anyone's going to do it, it won't be someone that treats it like a hobby, regardless of whether you pick stocks yourself or let some software do it for you.  I personally think the big value-add from investment advisers only comes in the form of tax and regulation advice.  Knowing what kind of tax-exempt accounts exist and what the rules for them are is useful, and often non-trivial to fully grasp and plan for.  Also, the investment advisers I've talked to seemed to be pretty knowledgeable about that sort of thing, whereas their understanding of investment concepts like risk/reward tradeoffs, statistics, and portfolio optimization is generally weak."}
{"_id": "341631", "title": "", "text": "You can tell me what you believe all you fucking want. The truth is that those beliefs fly out the window when you have the opportunity to get a living without doing shit. The fact that 64% of libertarians are on welfare proves this."}
{"_id": "341639", "title": "", "text": "\"The problem is people want to post where there is activity. Who wants to ask a career advice question in a subreddit that only has 300 readers? Also, I feel like a lot of students get driven away from WSO due to the heavy amount of \"\"You don't have a chance\"\" type of advice...\""}
{"_id": "341652", "title": "", "text": "\"No, the stock market is not there for speculation on corporate memorabilia.  At its base, it is there for investing in a business, the point of the investment being, of course, to make money.  A (successful) business earns money, and that makes it valuable to its owners since that money can be distributed to them.  Shares of stock are pieces of business ownership, and so are valuable.   If you knew that the business would have profit of $10,000,000 every year, and would distribute that to the owners of each of its 10,000,000 shares each year, you would know to that each share would receive $1 each year.  How much would such a share be worth to you?  If you could instead put money in a bank and get 5% a year back, to get $1 a year back you would have to put $20 into the bank.  So maybe that share of stock is worth about $20 to you.  If somebody offers to sell you such a share for $18, you might buy it; for $23, maybe you pass up the offer. But business is uncertain, and how much profit the business will make is uncertain and will vary through time.  So how much is a share of a real business worth?  This is a much harder call, and people use many different ways to come up with how much they should pay for a share.  Some people probably just think something like \"\"Apple is a good company making money, I'll buy a share at whatever price it is being offered at right now.\"\"  Others look at every number available, build models of the company and the economy and the risks, all to estimate what a share might be worth, more or less.  There is no indisputable value for a share of a successful business. So, what effect does a company's earnings have on the price of its stock?  You can only say that for some of the people who might buy or sell shares, higher earnings will, all other thing being equal, have them be willing to spend more to buy it or demand more when selling it.  But how much more is not quantifiable but depends on each person's approach to the problem.  Higher earnings would tend to raise the price of the stock.  Yet there are other factors, such as people who had expected even higher earnings, whose actions would tend to lower the price, and people who are OK with the earnings now, but suspect trouble for the business is appearing on the horizon, whose actions would also tend to lower the price. This is why people say that a stock's price is determined by supply and demand.\""}
{"_id": "341699", "title": "", "text": "If we knew for sure that euros are only going to be more expensive in the future, then the answer would be easy: Buy them all at one time, so that we are getting them at the best price.  Of course, we can't assume that to be the case, they could get cheaper, so the answer gets more complicated. Focusing strictly on monetary considerations, there are two factors to examine: Using answers to this Travel Stack Exchange question as a reference, you see that the cost of currency conversion can be as low as 1%-2% if you make the transaction with a debit card, but can be as high as 15%.  So, buying 1000 euros a month would cost between 20 and 150 euros. Examining a two year chart of the Euro-Canadian Dollar exchange rate gives us an idea of how much the currency fluctuates. Over the past two years, a euro has cost has much as $1.54 CAD and as little as $1.26 CAD, a 22% spread. Looking at it on a month-to month basis, we see that monthly changes have been as high as .05 to .07 (4-5%).  As such, buying 1000 euros a month could cost 50 CAD more (or less) on a monthly basis due to variance in the exchange rate.   If we anticipate our overhead cost of currency conversion to be more than 5%, it doesn't make sense to do multiple transactions; the costs are likely to outweigh the benefits. If we can keep them under that amount, then multiple transactions are advantageous when the euro is cheaper. The problem is somewhat analagous to that of someone who wants to make an annual investment in a mutual fund and is unsure of whether to make the purchase all at once, or to divide it over multiple purchases. One can't know for sure which way the mutual fund price is going to move over the time period Dollar cost averaging, spreading the purchase over regular intervals, is the generally accepted solution to this problem.   As such, so long as we can keep the overhead cost of currency transactions low (<5%), doing transactions on a regular basis positions ourselves to take advantage of possible drops in the price of euros and reduces the risk of buying euros when they are most expensive.  If we can't keep the cost low, then currency fees would be greater than potential price drops and we would be better off doing a single transaction."}
{"_id": "341712", "title": "", "text": "\"I don't have experience with TSP in particular, but they look to be roughly the same as 401(k) loans. If the \"\"G Fund rate\"\" is equal to the yield of government bonds, then your main risk is the risk that yields increase, which means the interest you're paying is less than what you would have earned on the investments. Here are some other things to consider: For any car loan, I would borrow as little as possible with as short a term as possible.  To me, the interest savings and additional risks from borrowing from your retirement isn't worth it.\""}
{"_id": "341747", "title": "", "text": "\"Yes, the annual contribution \"\"limits\"\" are effectively higher for Roth accounts than for the corresponding Traditional account, if that is what you are referring to, since the \"\"nominal\"\" limit is the same, but for Roth it's after-tax money, while for Traditional it's pre-tax money, which is equivalent to a lesser amount of after-tax money.\""}
{"_id": "341771", "title": "", "text": "\"You can type formatted text in reddit by using control characters, but the control characters are sometimes just normal characters that someone may want to type. In this case, to type a \"\"literal\"\" *, you must \"\"escape\"\" the control character with a \\ before it.\""}
{"_id": "341776", "title": "", "text": "I would open an account with a bank that has an international presence - branches in both the US and Spain (US Bank, HSBC, Citibank, etc.) Then just transfer the money over to the new account from your old account.  Of course, ensure that you are eligible to open an account and still will have access to it after you move to the US."}
{"_id": "341794", "title": "", "text": "They wouldn't do that if you foreign countries didnt make it stupid easy for them to hide their profits outside the states.  You are not addressing the problem, only defending a corporations attempts to pay negative taxes while enjoying all the infrastructure and protections of that country.  They feel they can milk the people and we should be grateful to them for it."}
{"_id": "341795", "title": "", "text": "The reason why we have lots of idle capacity is because we have over capitalized.  Fed res has kept rates far too low for far too long and it incorrectly encouraged producers to over build.  If rates where not manipulated so much to the low side than producers would not have built so much capacity and utilization wouldn't be a issue.  The low rates also encouraged consumers to take out loans and to also not save so that they could buy excess supply.  But all it did was made everyone go into debt to unsustained levels and eventually bankruptcy. Over the last few decades gov and fed reserve have been stimulating, printing, lowering rates to prevent the vicious cycle from crashing... But eventually it crashed under its own weight.  Unfortunatly we haven't seen the end yet because we need to go down more before we can start gong back up."}
{"_id": "341837", "title": "", "text": "It is important to consider your overall financial goals (especially in the 3-5 year range). If you have another financial goal which cannot be met without that additional money then meeting that financial goal might take priority over what I am about to say. Your mortgage rate is another important factor to consider when answering this question. Extra mortgage payments are equivalent to investing that money in a VERY low risk investment with an equivalent yield of the mortgage rate because you will be paying that much less per year in interest. (Actually, when you consider that mortgage interest is often tax-deductible the equivalent yield should be reduced by your income tax rate.) Typically it is not possible to find such a low risk investment with a yield as high as your mortgage rate. For example current mortgage rates are over twice as high as the yield of a one year CD.  Also keep in mind that additional mortgage payments help you build equity. This equity will most likely be applied to your next home purchase. If so their effect will be in place throughout the life of your next mortgage too."}
{"_id": "341870", "title": "", "text": "&gt; And when you see IPOs of tech stocks with prices exponentially greater than their revenues, or derivatives that when unravelled are nothing but air, or intraday fits and runs that seem to be tied to nothing in particular, then it all starts to look like nothing but manipulation.  These have absolutely nothing to do with HFT. Why are you talking about them?"}
{"_id": "341905", "title": "", "text": "Home security systems are a must have for families and individuals that live in the city districts. Crime is one the high in these areas and an investment in a solid home security system such as the GE Wireless Home Security System can really reduce the chances of falling victim to home related crimes. The GE home security system is wireless and cellular based and works with FrontPoint's cellular monitoring. The cellular monitoring from FrontPoint allows you to keep track of who enters and exits your home through instant text alerts and also allows you to see live video of the inside and outside of your home live from your smartphone such iPhone or Android phone!"}
{"_id": "341909", "title": "", "text": "You are going to miss way more work than you expect.  Especially so if both parents are working.  My wife and I both work and during the first couple of winters we couldn't average two weeks of uninterrupted work. You get sick, the kid gets sick, school / daycare holidays.  You stay home and if you job isn't cool with it, it can be a problem."}
{"_id": "341912", "title": "", "text": "I have abused 0% interest programs time and time again, but only because my wife and I are assiduous about paying our bills on time. We've mostly taken advantage of it with bigger purchases that we've done through Lowe's or Home Depot (eg - washing machines, carpeting, stove, fridge), but its been well worth it.  There are two rules that we set for ourselves whenever we do a 0% interest program -- 1) We have the money already in savings so that we can easily pay it off at any time 2) We agree to pay our monthly bill on time There's nothing quite like using another person's money to buy your things, while keeping your money to gain interest in a savings account."}
{"_id": "341913", "title": "", "text": "If I understand correctly you describe putting a hold on an appartment as such: A sum of money that you give to the owner of the appartment to let them hold it for you because you are probably going to rent. In case you back out of the deal, this money can mitigate the expected loss from turning down other candidates. After asking them to hold the appartment for you, you decided not to rent. Also, you used the bank to get back the hold sum. Regardless of the legal details, it seems very clear to me that after putting down a hold and walking away, you should not get the money back.  There may have been some things that distracted/confused you (call about the key), but if you actually look at the things that happened it seems both right and practical to pay them their reclaimed hold as soon as possible."}
{"_id": "341914", "title": "", "text": "I use a hack to do this sort of thing: I have an ING Direct online bank account. I link both of bank accounts I want to transfer between to the ING Direct account. I transfer between them by moving money to ING direct and then from there to wherever. Any online bank that let's you link regular checking accounts would work for this."}
{"_id": "341919", "title": "", "text": "Which is true.    So what you're telling me though is that an entire generation shouldn't get married or have a family because corporations would rather continue to pay their executive bigger bonuses than pay the people who make the company run enough money to live.    [Nowhere in the US could someone on minimum wage afford a two bedroom apartment.](http://i.imgur.com/jw8V1kI.png)  Just because it's not a right written into the Constitution doesn't mean it's something that waved off."}
{"_id": "341930", "title": "", "text": "This is a present value calculation, which excel or any financial calculator can handle.  N = 300 (months) %i = 5/12 or .05/12 depending on the program/calculator PMT = $5000 (the monthly payment) FV = 0 (you want to end at zero balance) This calculates a PV (present value of $855,300)  Chad had it right, but used a calculator that didn't offer the PV function, so he guessed and changed numbers til the answer was clear. user379 makes a good point, but why start inflation calculations at 65, and not now? You look like you're in your 30's, so there's 30 years of inflation, and $60K/yr in today's value will need to be closer to $150K/yr, given about 30 years of 3% inflation."}
{"_id": "341942", "title": "", "text": "I think one concern is that this could widen the gap beyond what a social net can compensate for. Yes, there are geniuses and idiots now, but the geniuses can't go too far because there are not enough of them to band together. Not so when it is just a large cheque away.  But as discussed in other branches of this thread, maybe I am making a mountain out of a molehill. Improvements of this degree may happen gradually over the course of a couple of decades, and I hope we figure out a fair but progressive way to deal with it."}
{"_id": "341947", "title": "", "text": "You are going to need a lawyer anyway so check with him.   But here is a path you might be able to go down.   Put the house in your name right from the get go.  He gives you the money but you sign over a promissory note to him so that you net less than $14000 (gift tax annual exclusion for the calendar year). He can gift everyone in your household 14k per year tax free and he could gift it to you and your partner in less than 7 years.  You can pay him back in anyway you like or not at all as the promissory note could be reduced by 28k per year. I think a CPA and lawyer in your state would be able to confirm that this would work for you."}
{"_id": "341960", "title": "", "text": "To start with, I should mention that many tax preparation companies will give you any number of free consultations on tax issues \u2014 they will only charge you if you use their services to file a tax form, such as an amended return. I know that H&R Block has international tax specialists who are familiar with the issues facing F-1 students, so they might be the right people to talk about your specific situation. According to TurboTax support, you should prepare a completely new 1040NR, then submit that with a 1040X. GWU\u2019s tax department says you can submit late 8843, so you should probably do that if you need to claim non-resident status for tax purposes."}
{"_id": "341976", "title": "", "text": "It is a common phrase. In a bank the front office is essentially all the aspects of the business you will read about, such as the traders, sales people, investment bankers, etc. This is only 1/3rd of the bank the other 2/3rds are back office and is all the IT and admin required to to run the front."}
{"_id": "341978", "title": "", "text": "No. You simply form a separate entity for the film and then the studio charges all kinds of fees to the film entity, i.e. licensing or consulting or whatever. The film entity shows zero net profit so anyone getting paid off that is screwed (anyone who takes compensation in net should fire their agent), but the studio gets to book the profits.  You can do this with any kind of business."}
{"_id": "341999", "title": "", "text": "&gt; So who do you believe should benefit from parent's successes?   I don't understand how this is different from your original question. A parent can give all their wealth to anyone in their generation or to a charity that does not cater to tiny groups.  &gt; And who should administer it?  Are you asking who should clean up a parent's estate after they die? It would be much the same way it works now."}
{"_id": "342001", "title": "", "text": "As an employer, why would I not want to hire someone who is philosophically similar to me? Now I only have around 10 employees, so my case is a little different, but if everyone can be free to believe what they want, can I as an employer believe to hire those that have similar interests to mine?   Fortunately I've never had to ask these questions (facebook is a beautiful thing).   I'm an athiest. Why wouldn't I hire an athiest first given that I work in such close proximity with my employees and is much more like a family or a close group of friends? I'm going to pick people who fit in. I find that if the chemistry is better, more productive work gets done."}
{"_id": "342018", "title": "", "text": "\"A few ideas. I suggest it would wise to consider what lesson is learned as a result of any resolution of a financial issue. Is it a lesson of responsibility and of the importance of keeping one's word, or of getting away with whatever happens (poorly planned business) with no adverse consequences. \"\"No\"\" consequences (e.g. forgiven loan) is also a consequence, and it sends a message. Sounds like paying the loan from your savings automatically means it's deducted from inheritance, since the savings are part of that inheritance. This may seem like a square deal if we ignore inflation. Assuming Today the $54K is worth much more than, unless it is adjusted for inflation, the same $54K will be worth (i.e. will allow to buy) a few decades from now, when the inheritance materializes.  So this option means your son is foregoing a significantly smaller financial loss in the future in exchange for foregoing his debt completely today. This is like borrowing $54K from a bank now, and only having to forego the same amount decades in the future when it is in fact worth much less. What borrower would not be happy with such arrangement, and what lender would do it? Only one's own loving parents :) You are in charge of what life lessons your son will walk away with from this situation. Good luck!\""}
{"_id": "342025", "title": "", "text": "You can think of a free cash flow as dividends from operations. FCF = cash from operations - investment in operations. The present value of these cash flows into the future is the value of the firm (DCF is very much like the dividend discount model).   Now why does a DCF produce enterprise value and not equity value? Because a DCF values the firm's operating assets. To find the equity value, you use the accounting relation: assets = liabilities + equity (or in financial terms net operating assets = net financial obligations + common stockholders equity). This means you take away net debt from the value produced by the DCF to find equity.  Now all your excess cash is netted off against your financial obligations (debt) to find the net debt. Cash used for day to day operations is an operating asset and should be treated as such, operating cash should not deducted from value of assets when finding the value of equity.  At least that's what they're teaching at university now (i'm a uni student who's just finished my business valuation subject)."}
{"_id": "342045", "title": "", "text": "I work for a punlically traded company. There are plenty of people who work very hard and are smarter than a lptbofbthe executives I know. He could be a cyborg, butbifbhe is the cfo by 29, he had to jump a fuckton of hurdles to get there."}
{"_id": "342050", "title": "", "text": "\"&gt;1. Clean the toilets. Show that you're willing to do whatever it is you're asking your people to do.  LOL.  Too true.  It also gives you a (pardon the pun) whole *shitload* of \"\"ground-level\"\" evidence regarding how your employees (and/or customers) feel about your operation (and also in many ways reveals how your company feels about/treats employees &amp; clientele).  People who *respect* and *appreciate* the place that they work for or patronize ... help keep the place clean. Businesses &amp; employers that appreciate their customers &amp; employees make certain that the environment &amp; workplace (ALL of it, including the toilets &amp; bathrooms) are nice, clean, well-equipped, properly maintained, etc.  &gt;My largest mistake early on was not being able to say \"\"you're incompetent at this job and you're fired.\"\" Instead I gave a wishy washy \"\"we don't really need you anymore\"\" and they filed unemployment falsely.  Actually, with the \"\"reason\"\" that you gave, those people were **perfectly entitled** to claim unemployment -- you didn't \"\"fire\"\" them for cause/incompetence... the language you used clearly indicated that you **laid them off.**\""}
{"_id": "342073", "title": "", "text": "Our enlightening Brochures, books and Magazines with appealing shading are all that much fundamental for any business, organizations, items and administration to express them in today's focused world. We the specialists of Offset surely understood as best in the business will satisfy your correspondence needs. Our broad gathering incorporates the Magazine Printing, Book Printing, Brochure Printing, outline and workmanship administrations and so forth."}
{"_id": "342110", "title": "", "text": "I'd really like to see the higherups in the system get their feet held to the fire.  The cyclists take the fall but what about the UCI officials, teams, and coaches that all played their parts?  They all bear responsibility for the young cyclists that have died of heart attacks and etc."}
{"_id": "342113", "title": "", "text": "I came across an article posted at Squawkfox last week.  It's particularly relevant to answering this question.  See 10 Ways to Cut Your Fitness Membership Costs.  Here's an excerpt: [...]   If you\u2019re in the market for a   shiny new gym membership, it may be   wise to read the fine print and know   your rights before agreeing to a   fitness club contract. No one wants to   be stuck paying for a membership they   can no longer use, for whatever   reason.   But if you\u2019re revved and ready to burn   a few calories, here are ten ways to   get fitter while saving some cash on a   fitness club or gym membership. Yay,   fitness tips!    [...] Check it out!"}
{"_id": "342117", "title": "", "text": "\"Stick -ize\"\" at the end of a word and say we need to do this. 9 out of 10 times, it will seem action-oriented.\"\" I use this sometimes and it help make you sound like you know what you're talking about when you're backed into a corner and really don't know what the hell you're saying.\""}
{"_id": "342143", "title": "", "text": "They actually do handle large scale natural disasters. However this is when the Insurance companies' reinsurance contracts kick in. One insurance company can have multiple reinsurance contracts to help them mitigate disasters like this.    The insurance company might be on the hook for the first 25 million of a catastrophic event, then a reinsurance company A will be on the hook for the next 50 millions in excess of the first 25 million, then reinsurance company B will be on the hook for the next 25 million in excess of the first 75 million, etc. Reinsurance is essentially insurance for insurance companies (joking called insurance inception). Additionally reinsurance companies can get reinsurance, called retrocession.   Source: I work for a specialized insurance banking and finance group in Dallas. Our clients have exposure on the Texas coast and Houston."}
{"_id": "342144", "title": "", "text": "Well, this whole project started because that supplier mentioned they can send their invoices electronically (EDI Electronic Data Interchange).   When a brilliant manager heard about it, they jumped on the idea... even though it's 2 invoices per month."}
{"_id": "342178", "title": "", "text": "Hey,  While CFA is a great course in terms of the curriculum, it is going to be tough for you to actually land a job since CFA doesn't conduct any centralized placements. 25-26 isn't too late to start a job - jus make sure you mention your role in the  family  business  as work experience on your resume.  An MBA may be a better option to get ur career going , but it's expensive and getting admission into a good school is ridiculously tough."}
{"_id": "342196", "title": "", "text": "If you are looking for more details and information on party rentals Kansas City, MO and tent rental Kansas City, MO then please visit our website. Okay, so you\u2019ve got your tent all set up and you\u2019re ready to get the party going."}
{"_id": "342202", "title": "", "text": "You can choose to believe or disbelieve anything you wish, but the end result speaks volumes.  The very next morning after the sale was announced, even with stores completed barren or product, according to you, customers, who were not boycotting, began immediately flowing through the doors shopping again, for product that did not exist in the stores.  But, there I go, being delusional again."}
{"_id": "342210", "title": "", "text": "Do you have any other debt besides your mortgage such as credit card debt, student loans, or a car payment?  Unless those are lower interest than your mortgage, pay them off first. There are a lot of other considerations besides just mortgage and emergency fund.  Do you have some money for the things in life that happen - car repairs, unexpected medical bills, your next vehicle purchase, and the eventual replacing of those big ticket items in your home that will break eventually?  A bit of savings towards each of those each month is not a bad idea. Then there is your retirement.  Are you on track to make enough to support yourself in retirement plus pay for the cost of health care as it applies in your country (more in some countries, less in others)? There is also the cost of higher education for your children if you have any or are planning on having any.  If so, were you planning on contributing to their higher eduction?  Do you have a savings plan in place for that? Paying off the house is a great thing to do - in my mind it's great even if it reduces your mortgage deduction, although others disagree.  It's just not the number one financial priority anyone should have."}
{"_id": "342211", "title": "", "text": "\"Regarding your third point: Just going without coverage and buying a used phone if mine dies or leaves my possession. (I'm actually not 100% sure if this is possible since I don't see any way to put a SIM card in an iPhone.) If the \"\"iPhone\"\" in \"\"put a SIM card in an iPhone\"\" is a potential second hand replacement that you were to buy in case of loss/theft then yes, you would be able to do this. That's kind of how GSM phones work. Without the SIM you can only call emergency numbers. How to insert/remove SIM of an iPhone\""}
{"_id": "342212", "title": "", "text": "I've been a landlord and also a tenant. I have been able to deposit money in an account, where I have the account number, and/or a deposit slip. In a foreign bank you can deposit by a machine if in the bank or someone is there for you and knows the account number. With regards to cashing a check in another country, it is up to the bank and the time is at least 14 to 21 business days, with a fee is added. As of a winning check, since its in your name, if you are in another country sign the check, for deposit only with a deposit slip and send it to your out of country bank by FedEx - you will have a tracking number, where as regular mail it might get there in 3 months. I hope by now you came to your solution."}
{"_id": "342258", "title": "", "text": "\"I'd start with a Google search for \"\"best backtesting tools.\"\" Does your online brokerage offer anything? You already understand that the data is the important part.  The good stuff isn't free. But yeah, if you have some money to spend you can get more than enough data to completely overwhelm you. :)\""}
{"_id": "342260", "title": "", "text": "No. They do not. The American populace, myself included, does not understand the vast complexities of the mechanisms and institutions responsible for delivering dollars to the market.   If there's debt, then it must be ok because our paychecks get bigger and we can get money from the bank.   If it was a problem, it'd be taken care of."}
{"_id": "342282", "title": "", "text": "I apologize in advance if this seems heartless, Lord knows many on this site would consider me such, but it is my intention to be helpful. Rhetorically: Given your disability, could you find a different line of work that would have earn you a decent income?  You mentioned fighting for disability for 5 years.  Could that time have been spent creating a different occupation?  Could you still do so? As you mention these are not large numbers prior to disability, but post-disability they are overwhelming.  The tone of your post suggests that you feel trapped and helpless, and I really hate that for anyone.  In some ways you are so close, just another $300/month puts you in the black!    My encouragement would be to find a way to make this work.  Find a way to earn more and you can keep your house and car."}
{"_id": "342307", "title": "", "text": "\"Sounds like this guy took the dive for Citi on the fallout around the IPO.  \"\"Mahaney was only indirectly involved in the incident involving the Facebook research, according to the settlement agreement by Massachusetts regulators released on Friday. But the actions of the junior analyst who worked for him provide an unusual glimpse into the type of behind-the-scenes information trading that regulators are attempting to rein in.  While the Massachusetts regulators did not identify any of the individuals by name, Reuters has learned that the incident involved TechCrunch reporters Josh Constine and Kim-Mai Cutler as well as Citi junior analyst Eric Jacobs.\"\"\""}
{"_id": "342314", "title": "", "text": "He offered a 15% stake.  He showed willingness to move from his original position by moving to 20%.  This left the door open for further discussions but if the last shark wasn't offering royalties or something else to sweeten the pot, he wasn't going to budge much more than maybe to 22.5%.  You give away too much too easily and a seasoned negotiator smells blood and goes for it.  Every round of negotiations needs to offer a bit more but less than the additional offered in the previous round and not without receiving something in return (so after increasing by 5% to 20% he would not have added another 35% based on their arguments, he would reason why an additional 2.5% would be the most he could offer without additional consideration...if he jumped from 15% to say 40% too easily the other negotiator would be looking for an additional 20 after that) .  So he went from 15 to 20 (in response to the 75% equity stake) and did nothing to seem pigheaded or unreasonable while setting the tone for the next (and last) negotiator.  The last guy wasn't willing to walk away and Jonathan showed that he wasn't going to be pushed into a bad deal..so a deal got done.  Dunno if that makes sense but his cogent assertions coupled with strong but fair negotiating skills (and a product that at least one person saw value in or any negotiation would be pointless) won the day."}
{"_id": "342350", "title": "", "text": "\"There are people who believe Equifax didn't actually get hacked, and that the $7.5 million security deal they just received is proof of that. It's still a young and uncommon conspiracy theory, but considering that there are folks who like to scream \"\"false flag\"\" about damn near everything, I'd be surprised if it didn't become a mainstream one over the coming months, *especially* if *this current push* to eliminate Social Security Numbers (in their current form) is successful or gains traction.\""}
{"_id": "342356", "title": "", "text": "So many men lust after our beautiful Asian escorts, and it is not surprising - these women are absolutely exquisite. If you'd like an experience with a taste of the East, book yourself an Asian or Oriental escort. With their dark, lustrous hair and caramel skin, all you need to do is look at them to fall under their spell."}
{"_id": "342363", "title": "", "text": "They aren't lazy they just don't want to do back breaking work for minimum wage. To get Americans into the fields we would need to pay over 25/ hour which would triple food costs for consumers. Which no one wants. So the farmers don't pay that and so the crops rot in the field. Supply and demand isn't a closed system."}
{"_id": "342364", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.latimes.com/business/hiltzik/la-fi-hiltzik-apple-iowa-20170825-story.html) reduced by 89%. (I'm a bot) ***** &gt; It&amp;#039;s a classic example of the &amp;#039;pay for fame&amp;#039; phenomenon....What governor doesn&amp;#039;t want to issue a joint press release with Apple and Tim Cook? - Greg LeRoy, Good Jobs First.  &gt; Data centers such as the Apple facility are especially shiny baubles to dangle before local yokels.  &gt; Apple described the center in a press release as &amp;quot;State of the art,&amp;quot; but in today&amp;#039;s digital world that&amp;#039;s code for &amp;quot;Robotic.&amp;quot; That&amp;#039;s why, after employing 500 construction workers for two years to build the place, Apple will need only 50 humans on-site to run it.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6w18sl/apple_breaks_new_ground_in_squeezing_locals_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~198504 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Apple**^#1 **center**^#2 **job**^#3 **state**^#4 **Waukee**^#5\""}
{"_id": "342379", "title": "", "text": "Stocks aren't just paper -- they're ownership of a company.  Getting cash from a stock that doesn't pay dividends basically means reducing your stake in the company. If the stock pays dividends, on the other hand, you still have the same shares, but now you have cash too.  You can choose to buy more of the company...or, more importantly, to use it elsewhere if that's what you want to do."}
{"_id": "342382", "title": "", "text": "Can he legally break your lease if he sells the place?  If not I would just keep renting. It doesn't sound like you love the house and you plan on moving or would prefer a different type of place long term. Unless you yourself plan on getting involved in being a renting it out to others in the future - just rent and move on at some point. If he can break your lease upon sale of the property then I'd be casually keeping an eye out for another place to rent if that happens."}
{"_id": "342386", "title": "", "text": "\"We're talking about two different things.  In the start-up world \"\"exit\"\" means liquidity event: either an acquisition or IPO.  No one ever refers to an exit as being an \"\"abandon ship!\"\" moment.  But I also somewhat disagree with your thoughts.  The most important part about succeeding in business is being in business.  Meaning, half the success is just surviving.  I've been very close to failing with my company several times, yet it (and me!) are still here.  I never give up.\""}
{"_id": "342390", "title": "", "text": "Come to Oklahoma they can fire you and not hire you for what reason they please. Call at will state and by the way. I don't know about your state our country but here companies do not have to provide leave due to pregnancy."}
{"_id": "342397", "title": "", "text": "Not sure why you're posting in r/finance; did you meant to post in /r/PersonalFinances ? Or /r/financialindependence ?  Anyway, I'll play.  There are 3 ways you can go about it, make it 4:  1. Commercial: find yourself a job/career that you'd do it for free.  I once met a guy who was in your similar situation and he had a hot dog stand in the hearth of the financial district of a large US city; he did it for the fun and to be social.  He'd be there only when the Stock Market was open and if the weather was good.  You could also develop a more challenging career for the satisfaction of it: writer, artists, craftsman....  You could go back to school, or take an online class, or do an online degree for the pure satisfaction of it all 2. Start a company. Similar to #1 above, but this this 100% entrepreneurial. It could be just yourself, or enlist the help of the wife; full time or part time. This again, follow your passion; since you're set financially it should not that difficult to break even. With time you could grow and hire people, but that increase the complexity and you might find yourself managing the business and not actually getting the satisfaction of doing what you had set to do. 3. Volunteer: find a non profit whose mission aligns with your values, and volunteer there; 1 or a couple of organizations; if you're up to it with time you could climb up the ranks ...   4. Mentoring: there are a lot of people who dream about being in your situation. I am sure it was not luck but hard work as well. You could become a blogger, write a book (in your name or anonymously); or mentor directly someone, reddit and a web site is a good marketing start.  If you have enough money (accredited investor) you could become an angel investor, or join an angel consortium to help people with your background to make something out of themselves. 5. A combination of 2 or more from the above."}
{"_id": "342400", "title": "", "text": "Look I'm up for a dialogue, but I'd appreciate civility. If you look back at my responses on this post I've said multiple times that I'm willing to help people who help themselves.   I'm also pointing out that 1.) this article 'slavery' aspect is off and 2.) I'm not 100% convinced she is doing all she can to further better herself (maybe she is but the article didn't convince me).   I've said before I give her props for getting her ass off, good on her. And I'm all for helping out people (for a limited time) who actually deserve it and have actually worked hard for it. In the lead featured in the article sounds like she would be a very very good candidate.  I am a generous person, I want to help people and I'm willing to do so. They just need to want help.  My generosity ends when it becomes mandatory to support anyone who has made any number of bad decisions and is not deserving of my help (we can talk about who deserves help in more detail anytime).  Should I support a family of people in which the parents keep pumping out kids, and the mom is a stat at home mom and the dad works at a slightly above minimum wage? No!   Should I support single mom who chooses not to work, and mooches off friends and family? No  Both of these cases may seem cherry picked, and while they are to an extent they are both real cases that I've/a personal friend have witnessed."}
{"_id": "342401", "title": "", "text": "Bollinger Bands are placed standard deviations away from the moving average. Therefore if the price is volatile, the bands diverge from the mean. During consolidation the bands would converge. They do not provide a clear indication of whether the price is trending or not."}
{"_id": "342411", "title": "", "text": "If you buy foreign currency as an investment, then the gains are ordinary income. The gains are realized when you close the position, and whether you buy something else go back to the original form of investment is of no consequence. In case #1 you have $125 income. In case #2 you have $125 income. In case #3 you have $166 loss. You report all these items on your Schedule D. Make sure to calculate the tax correctly, since the tax is not capital gains tax but rather ordinary income at marginal rates. Changes in foreign exchange between a transaction and the conversion of the proceeds to USD are generally not considered as income (i.e.: You sold a property in Mexico, but since the money took a couple of days to clear, the exchange rate changed and you got $2K more/less than you would based on the exchange rate on the day of the transaction - this is not a taxable income/loss). This is covered by the IRC Sec. 988. There are additional rules for contracts on foreign currency, TTM rules, etc. Better talk to a licensed tax adviser (EA/CPA licensed in your State) for anything other than trivial."}
{"_id": "342461", "title": "", "text": "Would if I had the capital it is an intensive and low margin area, it requires serious creativity and drive to do it and often needs at least one person per store that is seriously locally invested.   Not sure where anger comes from, just stating my opnion as a 20 year professional consultant who has worked at the executive level for BB, Target and GSK and a lifetime of being a customer. Sorry my opnion is both appreny offensive and entirely incorrect. I honestly don't read much of the retail distribution industry trade publications. I just work here.  EDIT: It's important to note that big box reailers and how they treated customers was already on the downslide and had been for nearly a decade prior to Amazon showing up. As such honestly very hard for one to make a direct comparision as the retailers had alredy given up much of thier competitive advantge prior to Amazon coming on the scene."}
{"_id": "342462", "title": "", "text": "You are likely thinking of a individual variable insurance contract (IVIC) , better known as a segregated fund, or a principal-protected note (PPN). For a segregated fund, to get a full guarantee on invested capital, you need a 100/100 where the maturity value and death benefit are each 100% guaranteed. The PPN works similar to a long-term GIC (or CD) with a variable investment component.  The thing is, neither of these things are cheap and the cost structure that is built in behind them makes it difficult to make any real above market rates of return. In both cases, if you try to break the contracts early then the guarantees are null and void and you get out what you get out."}
{"_id": "342485", "title": "", "text": "just pick a good bond and invest all your money there (since they're fairly low risk) No. That is basically throwing away your money and why would you do that. And who told you they are low risk. That is a very wrong premise. What factors should I consider in picking a bond and how would they weigh against each other? Quite a number of them to say, assuming these aren't government bonds(US, UK etc) How safe is the institution issuing the bond. Their income, business they are in, their past performance business wise and the bonds issued by them, if any. Check for the bond ratings issued by the rating agencies. Read the prospectus and check for any specific conditions i.e. bonds are callable, bonds can be retired under certain conditions, what happens if they default and what order will you be reimbursed(senior debt take priority). Where are interest rates heading, which will decide the price you are paying for the bond. And also the yield you will derive from the bond. How do you intend to invest the income, coupon, you will derive from the bonds. What is your time horizon to invest in bonds and similarly the bond's life. I have invested in stocks previously but realized that it isn't for me Bonds are much more difficult than equities. Stick to government bonds if you can, but they don't generate much income, considering the low interest rates environment. Now that QE is over you might expect interest rates to rise, but you can only wait. Or go for bonds from stable companies i.e. GE, Walmart. And no I am not saying you buy their bonds in any imaginable way."}
{"_id": "342491", "title": "", "text": "\"Neither. Why would you have to classify startups as value or growth?  A startup is its own category.  You can find startups at \"\"classic\"\" valuations (price/book...  Etc) that would make investors' eyes water...   But that happens because many startups are early stage and so revenue or book value or other classic valuations don't quite suit.\""}
{"_id": "342522", "title": "", "text": "It's because trucks and SUVs can have way better margins. Automakers might make a few hundred bucks on a sedan vs $10,000 on a truck.   Truck and SUV price points are insane. Part of it can be blamed on the availability of credit."}
{"_id": "342540", "title": "", "text": "I don't own a business but I am a manager for a large IT company (globally dominant). I refuse to be dishonest in business and am lucky to work for senior management that shares that view. We win some, we lose some. We are as transparent as possible, keep our commitments, and seek deals that drive value for all parties.   Sometimes I am deeply frustrated by the lack of integrity of others and the benefits they seem to reap. But my reputation is excellent, my clients know they can take me at my word, I can look my kids in the eye and know that I walk the walk about my guidance on morals, ethics, and character, and I will someday die having spent my career in an honest and respectable way.  Could I make more if I was full of shit? Maybe. Is money worth that price? No."}
{"_id": "342545", "title": "", "text": "Worked for a SaaS based company that married data sources to existing IP and analog video feeds.  E.g. for an ATM you'd match transactions against the PinHole And/or overhead cameras and run analytics over that data.    Edit for clarity. You either MITM it if it's insecure for 'live' data or you parse it centrally and pull data in batches each night."}
{"_id": "342554", "title": "", "text": "\"No. That return on equity number is a target that the regulators consider when approving price hikes. If PG&E tried to get a 20% RoE, the regulator would deny the request. Utilities are basically compelled to accept price regulation in return for a  monopoly on utility business in a geographic area. There are obviously no guarantees that a utility will make money, but these good utilities are good stable investments that generally speaking will not make you rich, but appreciate nicely over time. Due to deregulation, however, they are a more complex investment than they once were. Basically, the utility builds and maintains a bunch of physical infrastructure, buys fuel and turns it into electricity. So they have fixed costs, regulated pricing, market-driven costs for fuel, and market-driven demand for electricity.  Also consider that the marginal cost of adding capacity to the electric grid is incredibly high, so uneven demand growth or economic disruption in the utility service area can hurt the firms return on equity (and thus the stock price). Compare the stock performance of HE (the Hawaiian electric utlity) to ED (Consolidated Edison, the NYC utility) to SO (Southern Companies, the utility for much of the South). You can see that the severe impact of the recession on HE really damaged the stock -- location matters. Buying strategy is key as well -- during bad market conditions, money flows into these stocks (which are considered to be low-risk \"\"defensive\"\" investments) and inflates the price. You don't want to buy utilities at a peak... you need to dollar-cost average a position over a period of years and hold it. Focus on the high quality utilities or quality local utilities if you understand your local market. Look at Southern Co, Progress Energy, Duke Energy or American Electric Power as high-quality benchmarks to compare with other utilities.\""}
{"_id": "342575", "title": "", "text": "I'm doing my part. I never eat the calorie, salt, and fat loaded crap that chain restaurants offer. Would rather go buy fresh ingredients from the store and make a meal at home that actually tastes good and won't take years off my life. Buy a nice bottle liquor and make a few cocktails cocktail or a six pack of beer and I'm having a much better meal and experience for a fraction of the price at home."}
{"_id": "342604", "title": "", "text": "Just read that citi is planning to return 132% of their expected earnings to shareholders over the next year in the WSJ. How does a bank return more to its shareholders than what it makes? Also banks requesting payouts in these stress tests of 100% of expected future earnings.   Am I missing something? Doesnt make much sense to me.   Hope someone sees this thanks."}
{"_id": "342618", "title": "", "text": "This is something a redditor came up with.  It provides a basic income to everyone, while still penalizing those who don't work (by minutely by surely lowering their stipend) and preventing a poverty trap (by never withdrawing the stipend)."}
{"_id": "342645", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://web.stanford.edu/group/SITE/SITE_2013/2013_segment_2/2013_segment_2_papers/gulen.pdf) reduced by 99%. (I'm a bot) ***** &gt; As an alternative way to gauge the economic magnitude of our policy uncertainty estimate, we compare the fitted values obtained from our model using realized values of the policy uncertainty index to the fitted values obtained using the policy uncertainty level observed just prior to the recent recession.  &gt; 3.3 The Heterogeneous Effects of Policy Uncertainty on Investment In this section, we investigate whether the negative relationship between policy uncertainty and investment manifests itself heterogeneously in the cross-section in a way that is consistent with theories that postulate a causal effect of uncertainty on investment.  &gt; For specification 3, we regress the U.S. policy uncertainty index on the Canadian policy uncertainty index and several U.S. macroeconomic controls, and use the fitted residuals as an alternative policy uncertainty measure in our baseline specification.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6p528x/policy_uncertainty_and_corporate_investment_pdf/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~174006 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Uncertainty**^#1 **Policy**^#2 **Investment**^#3 **firm**^#4 **index**^#5\""}
{"_id": "342647", "title": "", "text": "I didn't realize the min wage in NYC was higher than the rest of NY state.  WOUld $11.50 change much, in NYC?  Childcare at $400?  I live in a pretty rural area where you can get an acre of land and a decent house for under $100K.  To get daycare under $1000 a month you have to find someone working under the table, not registered and not paying taxes.  Even then, it is $800 a month for two kids."}
{"_id": "342652", "title": "", "text": "Regardless of whether a stock is owned by a retail investor or an institutional investor, it is subject to the same rules.  For example, say that as part of the buyout, 1 share of Company B is equivalent to 0.75 shares of Company A and any fractional shares will be paid out in cash.  This rule will apply to both the retail investor who holds 500 shares of Company B, as well as the asset manager or hedge fund holding 5,000,000 shares of Company B."}
{"_id": "342659", "title": "", "text": "One of the top benefits is that they can help you organise all your discs. According to several book printing companies that offer CD/DVD duplication and replication services, business owners are actually unaware of the potential of these storage options and you can store CD-ROMS, DVDs, CDs and in fact everything that resembles their shape and size"}
{"_id": "342660", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://openknowledge.worldbank.org/handle/10986/27944) reduced by 56%. (I'm a bot) ***** &gt; Bringing e-Money to the Poor: Successes and Failures examines the lessons of success from four country case studies of &amp;quot;Gazelles&amp;quot;\u2015Kenya, South Africa, Sri Lanka, and Thailand\u2015that leapt from limitation to innovation by successfully enabling the deployment of e-money technology.  &gt; These countries have thereby transformed the landscape of financial access to their poor.  &gt; Because technology is not a silver bullet, the case studies also explore other strategic elements that need to be in place for a country to expand access to financial services through digital technology.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vuj7f/bringing_emoney_to_the_poorpdf/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~198017 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **access**^#1 **country**^#2 **e-money**^#3 **technology**^#4 **financial**^#5\""}
{"_id": "342694", "title": "", "text": "After a bit of rooting around the HMRC sites, I found this page which says this: One key difference is that digitised products are classed as electronically-supplied services for VAT and customs duties. These services are: For VAT purposes, the place of supply of these services is the country in which the customer lives. If you supply electronic services to a business customer in another European Union (EU) country, the customer accounts for any VAT due in that country. You should not charge UK VAT. If you supply electronic services to a consumer, charity or government body in another EU country, you have to account for UK VAT. If you supply electronic services to anyone in a country outside the EU, you don't pay any VAT. If, as a UK business, you buy electronic services from a company outside the UK, you have to account for VAT. If I read this correctly, I as the supplier of the website need to account for VAT only if the sponsor is a consumer, charity or government body in another EU country. It is not covered in this site, but I assume I must also account for VAT for a customer based in the UK.  So in answer to the original question, a customer from Canada (which is currently outside the EU) would account for the VAT themselves, and I would simply charge the gross amount."}
{"_id": "342743", "title": "", "text": "The government bailed out the financial system because it was in its best interest to. Letting the system all crash on top of yourself is definitely not smart. So we loan financial institutions money, shore up any short term issues, and we get most of the money back, if not all of it. If I'm not mistaken, all the bail out money was paid back.  But beyond the point, there may be merit in basic income ideas, but this is definitely not the kind of rhetoric, thinking, analysis, or insight that it needs."}
{"_id": "342756", "title": "", "text": "\"The underpayment \"\"penalty\"\" is just interest on the late payments--willful or not has nothing to do with it.  When they feel it's willful there will be additional penalties.\""}
{"_id": "342799", "title": "", "text": "BART spent $1B on a 5 mile extension from Oakland airport to Coliseum station.  BART is now spending their $3.5B bond on 90 miles of track updates.  With numbers like that, public transit will never be economical in the United States."}
{"_id": "342809", "title": "", "text": "But how long to hold is the question...how long did this assumed manipulation go on for last time?  Edit: a quick half assed check on investopedia showed that it went up for around a month from its lowest point and it's high hit on feburary 6-8th 2017. So will it stay at this point again and gradually repeat February's numbers...or sell and walk away with what it netted me."}
{"_id": "342821", "title": "", "text": "The answer is in [this graph](http://www-tc.pbs.org/prod-media/newshour/photos/2012/12/06/Andrew_Smithers_chart_blog_main_horizontal.JPG). Compare inflations rates to that graph as far back as it goes and the correspondence is better than the Phillips curve or NAIRU can provide as an explanation. Of course historically increasing employment drove up the labor return ratio more than it does today making it an indirect indicator, just not a cause in itself. Labor returns, as a ratio, are now at an all time historic low."}
{"_id": "342833", "title": "", "text": "The point of an RRSP is that you can put money in when you are paying a lot of taxes (maybe a 50% marginal rate) and take it out later when you are paying less taxes (maybe a 30% marginal rate.) You will thus end up with more money. Since you are not paying high taxes on your modest income, this aspect of an RRSP doesn't really apply to you. When the time comes that you start withdrawing from your RRSP, you will pay taxes on the entire withdrawal, both principal and interest. A TFSA on the other hand allows withdrawals (typically limited to some small number a year) without the principal or the interest being considered taxable income. That seems like a better approach for you. However, they are not very liquid - you can't deposit, withdraw, deposit, withdraw week after week. Look around for not-exactly-banks that offer higher interest rates than the banks do. Set up a TFSA with one, and put about 8k in it. (If you have time to investigate GICs, ETFs, and whatnot, fine, investigate that for a while and set up a TFSA that holds those.) Put the other 2k in a high-interest savings account from that institution. High interest will be between 1 and 2% which isn't very high, but oh well. Assuming you get some notice when you need to replace your car, you could withdraw from the TFSA to get that money. Or you might be lucky and need a car at a terrible time for dealers to sell cars, and get a great deal on a new car with a long warranty, something you could keep for another 15 or 20 years. If you could afford the loan payment then your savings could stick around for a rainier day."}
{"_id": "342844", "title": "", "text": "This is a great response, thanks. I appreciate Dale Carnegie, Sun Tzu etc, but after reading them I felt they didn't offer anything really specific towards running a business. I've just ordered the personal MBA after reading a bit more on it so thanks for that too. Prince2 methodology looks pretty in depth so that's going on the the 'later' pile for now!"}
{"_id": "342852", "title": "", "text": "Are you interested in refurbishing your rented home here in Singapore? If you are struggling with financial difficulties, you can apply for a renovation loan offered by banks. Most banks in Singapore offer renovation loans and home loans only to those who own a property. It is very hard to find a renovation loan for a rented home.  **Home loans for renovation**  You can take a home loan for your rented property and top up your home loan to finance your renovation project. If you already have a home loan, all you need to do is ask your bank representative to add extra financing to your [home loan](https://www.bankbazaar.sg/home-loan.html) for renovation purpose. Applying for a home loan for a rented property is simple. You can use an online loan calculator and compare home loans provided for a rented property. According to your repayment capacity and financial requirements, you can choose a home loan and use it for renovation. Make sure you have a good credit score while applying so that your home loan gets approved easily.  **Personal loans for renovation**  If you are not able to find too many home loans or renovation loans for rented property, you need not worry. Have you considered taking a personal loan to make awesome home improvement measures? That\u2019s right; you can apply for a personal loan and use the funds to renovate your abode. The best thing about a personal loan is that a lender does not enquire about the purpose for your loan application. So, you can use your personal loan for any of your needs.  *Eligibility criteria for personal loans*  The general criteria to be qualified for a personal loan in Singapore are: The applicant should be 21 to 65 years old. The applicant should be a Singaporean or a permanent resident or a foreigner. The minimum income requirement for a Singaporean or PR is generally S$20,000 p.a. and S$40,000 p.a. for a foreigner.  **When are personal loans ideal for renovation?**  There are a few situations when a personal loan is the best option for renovating your rented property: Many banks give personal loans with attractive promotions such as interest-free loan for a certain period. You can take this loan and even repay the full amount before the zero-interest period expires. This will help you save efficiently on your renovation project. The minimum income required to secure a home loan is generally higher than the income requirement for a personal loan. Hence, a personal loan is a better option. A home loan generally gives a higher sum of money than a personal loan. This high amount is suitable for a construction project but will be excessive for renovation work. Therefore, it makes more sense to apply for a personal loan to give the perfect makeover to the kitchenette in your home. The approval process for a home loan is typically very lengthy. Personal loan applications get approved within 24 hours by most banks in Singapore. So now you can apply for a personal loan without any tension and remodel your balcony to have a party at home sweet home! Personal loan rates are generally lower than home loan rates. You can refurbish your living space by paying your loan at an interest rate not more than 4%. Now, you would have got a fair idea about how to finance your remodelling work. Always remember to enquire about every loan\u2019s terms and conditions. Never sign any loan contract without being absolutely clear about the loan\u2019s features."}
{"_id": "342855", "title": "", "text": "Keep in mind this is a great primer on *macro*economics, or how the economies and money supplies of societies as a whole work.  It's equally fascinating and important to learn about the basics of *micro*economics, the other side of that coin (pun intended), or how individual people and businesses make decisions about production and consumption. You've probably heard of the laws of supply and demand which are really important for understanding things like how and why prices change and why some businesses and industries are more successful than others."}
{"_id": "342863", "title": "", "text": "Few pleasures can be compared to listening to the best live music. If you are one of those who are looking forward to your favourite artist to tour to enjoy their latest songs, you are in the right place. Tickets for the best music events of the year are at your disposal, with all the concerts and national and international Discount Online Tickets Houston festivals you can imagine. Think of your favourite artist on stage, since it is comfortable, simple and avoid queues, travel and allows to buy tickets from any device with Internet access."}
{"_id": "342865", "title": "", "text": "\"For some reason can't transfer it directly to his account overseas (something to do with security codes, authorized payees and expired cards). Don't become someone's financial intermediary. Find out exactly why he can't transfer the money himself, and then if you want to help him, solve that problem for him. Helping him fix his issue with his expired card, or whatever the real problem is, would be a good thing to do. Allowing him to involve you in the transaction, would be a bad thing to do.  Possible problems which might be caused by becoming directly involved in the transaction: -The relative is being scammed themselves, and doesn't realize it / doesn't realize the risks, and either wants you to take the risk, or simply thinks there is no risk but needs administrative help. -The person contacting you is not the relative - perhaps they are faking that person's identity, and are using your trust to defraud you. -The person is committing some form of fraud, money laundering, or worse, and is directly trying to defraud you in order to keep their hands clean. -The transaction may be perfectly legal, but is considered taxable in one or more countries. By getting involved, you might face tax filing obligations, or even tax payment obligations. -The transaction may be perfectly legal and legitimate, but might accidentally get picked up as potential fraud by a financial monitoring system, causing the funds to be held, and your account to be flagged for further investigation, creating headaches for you until it becomes resolved. There are possibly other ways that this can go awry, but these are the biggest possibilities I can think of. The only possible 'good' outcome here is that everything goes smoothly, and it works exactly as well as if your relative's \"\"administrative problems\"\" were solved first, and the money went through his own account. Handwaving about why your account is needed and his is faulty is a big red flag. If it is truly just an administrative issue on his end, help him fix that issue instead.\""}
{"_id": "342866", "title": "", "text": "\"From Chipotle's website:  \"\"There is a popular misconception that Chipotle restaurants are owned by McDonalds. While they were once an investor in our company, they divested in 2006 and our company went public on the New York Stock Exchange that year. Source: Chipotle\"\"\""}
{"_id": "342871", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Web design SEO Company Description | Today the most exciting and innovative way to generate massive leads for your business is through inbound marketing.The inbound marketing\u2019s main aim is to generate leads via the website. Integrating SEO into your web design is a very important part of Marketing And Web Design. Be sure, your web design SEO Company makes your website accountable for new business generations every month. Visit us online here: http://www.nowsoft.org/ Length | 0:00:59           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "342880", "title": "", "text": "\"I wrote the whimsically titled \"\"The Density of Your IRA\"\" to discuss this exact issue.  In the 25% bracket, your pretax 401(k) would have $18,000, with a future tax due. But the Roth effectively took $24,000 in pretax dollars, and put the $18K in post tax money in the account. Since the limits are the same, the Roth is a denser account.\""}
{"_id": "342885", "title": "", "text": "\"&gt; I didn't ask for those services or that infrastructure.   That sounds painfully like the \"\"I didn't ask to be born\"\" argument. I am sure you are mature enough to realize that we don't get to choose where we are born, or what responsibility we inherit. I am sure there are millions of people born in third world countries who would feel for your horrible plight!  &gt;  I can choose Crest toothpaste and you can still get Colgate.   Ahh, but either exist without society and the stability of civilization? While Democracy and a Republic are imperfect, they are a sight better than a Theocracy or a monarchy.   &gt; they are literally saying I think you should be forced to live under their rule/my beliefs. Which is immoral.   We can have the luxury of being able to talk about \"\"morality\"\" of govern and rule while living in civilized society. Kind of hard to imagine you making money on stock, when there is no infrastructure.   &gt; doesn't mean that without the military/DOD we wouldn't be where we are with drones.  True. However, it is hard to deny that the military first developed drones. That argument is similar to listening to a trust fund baby tell you how they would be just as rich as they are now even if they hadn't inherited millions... Or that a Christian would still be a Christian even if he were born in Iran... Statistics tell us otherwise.   &gt; A lot of my income comes from trading stocks   That is very cool, and something I find of interest. I want to get more into this, having made very small money with individual stocks. FNME after the crash, etc. Very simple stuff. I admire what you do. I though I don't think he is speaking about the same thing.   The speculation he was talking about was guys like Goldman Sachs, etc., basically sold off bad assets and then bet against them. Not to mention the implicit selling of fraudulent mortgages. However, these are the options I believe he was referring. I do not remember reading about a blanket option policy, especially seeing as crucial they are to the commodities market.\""}
{"_id": "342892", "title": "", "text": "That's how you get lesser quality employees generally and less service. Considering the median income in that town is 160k I imagine the government employees are not the affluent ones. Pretty embarrassing actually that a town with that type of demographic would have to cut labor and you know it would be political suicide when people expect a certain level of government service."}
{"_id": "342902", "title": "", "text": "Man I'm hardly hipster but I dream of having a record collection. I stream all my music now, but there's something just nice about the idea of owning the album that brings you joy, even if you listen to it more on a streaming service."}
{"_id": "342903", "title": "", "text": "Here is the technical guidance from the accounting standard FRS 23 (IAS 21) 'The Effects of Changes in Foreign Exchange Rates' which states: Exchange differences arising on the settlement of monetary items or on translating monetary items at rates   different from those at which they were translated on initial recognition during the period or in previous   financial statements shall be recognised in profit or loss in the period in which they arise. An example:  You agree to sell a product for $100 to a customer at a certain date. You would record the sale of this product on that date at $100, converted at the current FX rate (lets say \u00a31:$1 for ease) in your profit loss account as \u00a3100. The customer then pays you several $100 days later, at which point the FX rate has fallen to \u00a30.5:$1 and you only receive \u00a350. You would then have a realised loss of \u00a350 due to exchange differences, and this is charged to your profit and loss account as a cost. Due to double entry bookkeeping the profit/loss on the FX difference is needed to balance the journals of the transaction. I think there is a little confusion as to what constitutes a (realised) profit/loss on exchange difference. In the example in your question, you are not making any loss when you convert the bitcoins to dollars, as there is no difference in the exchange rate between the point you convert them. Therefore you have not made either a profit or a loss.  In terms of how this effects your tax position; you only pay tax on your profit and loss account. The example I give above is an instance where an exchange difference is recorded to the P&L. In your example, the value of your cash held is reflected in your balance sheet, as an asset, whatever its value is at the balance sheet date. Unfortunately, the value of the asset can rise/fall, but the only time where you will record a profit/loss on this (and therefore have an impact on tax) is if you sell the asset."}
{"_id": "342963", "title": "", "text": "I'm telling you *my* experience,  which I know well.   I say I drive through occasionally,  meaning 2 to 3 times a week depending on traffic on my commute to work.   In no way did I attempt to explain *your* experience.     The sidewalks are great were I live.  The city I live in has a great public transportation system and goes to great lengths to provide and encourage the public to use it.   This means that cross walks are abundant,  sidewalks are clean (on the specific area I am talking about), and it isn't littered with garbage or broken glass.    The way in which the public chooses to ignore this luxury is insane and risky.   In order to shave a few minutes off of their walk they choose to risk their life and put their own bodies health in the hands of the several drivers around them.   Their kids also do this, although kids aren't the best at personal awareness,  which is why adult supervision is necessary and lacking in this area.    I am speaking about my personal experience with this issue.   I should have clarified that I don't mean to generalize for all areas in the US,  however,  I am sure my experience is not necessarily unique."}
{"_id": "342966", "title": "", "text": "Why wouldn't they be? The reader is free after rebate, and sold in Walgreen's/Riteaid, etc. The site shows a fee of 2.75% which is comparable to what merchants are charged for card use. Not sure what other uses you're thinking of, but it's probably a good thing to have for a yard sale.  From an article in Fast Company Magazine: The result was the Square reader, which launched a year ago and which allows just about anyone to set themselves up to take credit card payments. Even you. Planning a garage sale and want to enable people to pay for your gerbil cages and Shawn Cassidy LPs by credit card? No problem. Square's for you."}
{"_id": "342970", "title": "", "text": "For the last month/two months I mentioned the tech bubble being over and one should expect sideways movement at best.  I was down voted to an oblivion and called a moron. After that I just stopped commenting. Oh well, your loss."}
{"_id": "342972", "title": "", "text": "You can D/K a trade if it is not confirmed in a timely manner.  Also, UBS chose not to sell on the first day they waited hoping and got burned.  So that first day loss argument doesn't stand here, it can't due to a technical error.  My post states that it had to be  a large holding for some time."}
{"_id": "342998", "title": "", "text": "I closed an account with them for an unrelated reason (down payment brought account below minimum and I didn't want to switch types of accounts or pay a fee) and it was super easy. I was surprised at how quick the whole process was. That said, I didn't have a brokerage or even any CDs - just checking and savings and my automatic payments were tied to other bank acccounts."}
{"_id": "343009", "title": "", "text": "That change is meaningless though, it's even detrimental. If you make a drug for a specific disease, and it doesn't work for that single one, you should be able to find something that it does work on. Otherwise* you are scrapping the drug and losing out on helping with any number* of other diseases."}
{"_id": "343027", "title": "", "text": "Maybe he can see the now, and knows if something doesn't change then he's going to have to.  I mean, I can safely say that if it doesn't get warm out then I'm going to have to put on a coat, because I'm cold now."}
{"_id": "343039", "title": "", "text": "Rarely have I seen such convoluted perversions of logic.  I could hear reason screaming in agony as it was punished for insisting on the truth contrary to what lies that the author of that website desperately wanted (or was payed?) to believe.  This sort of site and its false reasoning are the beginning of  the end for Democracy."}
{"_id": "343040", "title": "", "text": "Statistically speaking active strategies **are** strictly on par with, or worse when you subtract fees, than passive strategies (regardless of how much time or money you spend investigating companies). Actively managed mutual funds are by and large just a racket where one class of rich people soaks another class of rich people plus some of the middle class. So yeah they should go ahead and call it a day. About time IMO."}
{"_id": "343042", "title": "", "text": "I work on a buy-side firm, so I know how these small data issues can drive us crazy. Hope my answer below can help you:  Reason for price difference: 1. Vendor and data source Basically, data providers such as Google and Yahoo redistribute EOD data by aggregating data from their vendors. Although the raw data is taken from the same exchanges, different vendors tend to collect them through different trading platforms. For example, Yahoo, is getting stock data from Hemscott (which was acquired by Morningstar), which is not the most accurate source of EOD stocks. Google gets data from Deutsche B\u00f6rse.  To make the process more complicated, each vendor can choose to get EOD data from another EOD data provider or the exchange itself, or they can produce their own open, high, low, close and volume from the actual trade tick-data, and these data may come from any exchanges.  2. Price Adjustment  For equities data, the re-distributor usually adjusts the raw data by applying certain customized procedures. This includes adjustment for corporate actions, such as dividends and splits. For futures data, rolling is required, and back-ward and for-warding rolling can be chosen. Different adjustment methods can lead to different price display.  3. Extended trading hours  Along with the growth of electronic trading, many market tends to trade during extended hours, such as pre-open and post-close trading periods. Futures and FX markets even trade around the clock. This leads to another freedom in price reporting: whether to include the price movement during the extended trading hours.   Conclusion To cross-verify the true price, we should always check the price from the Exchange where the asset is actually traded. Given the convenience of getting EOD data nowadays, this task should be easy to achieve.  In fact, for professional traders and investors alike, they will never reply price on free providers such as Yahoo and Google, they will most likely choose Bloomberg, Reuters, etc. However, for personal use, Yahoo and Google should both be good choices, and the difference is small enough to ignore."}
{"_id": "343054", "title": "", "text": "yes he has no idea what he is talking about, despite having done exactly this several times  lets leave it to anonymous redditor who will never see, let alone have the ability to control, 1/10 of that"}
{"_id": "343080", "title": "", "text": "Neither of those links disagree with me to be honest. And the first one seems conservative relative to other reporting.  &gt; I mean yes, you\u2019re all there together, but if you and I are doing ostensibly the same (and possibly dangerous) work, you\u2019re getting rich and I\u2019m not\u2026.  I was once in their place too (presuming we are talking about military). They know that. Any anger I have seen from military people is from either senior enlisted (who are mad that they didn't get out and make a better life for themselves) - and senior enlisted are lower on the totem pole than security contractors so no one gives a fuck about their gripes - and some officers. The best part about being on the top of the security contractor food chain is that you worked for the State Department so you could be openly shitty to military people who copped an attitude of any sort.  &gt;Strange also that taxpayers don\u2019t care more about this, although\u2026.perhaps not. The amount of bullshit is just too overwhelming.  I'm not sure there's a lot to care about. If you asked a random person if they would be willing to go through 4-8 years of military to have a potential shot at getting a job that pays like that one did, but it's in the most violent city on Earth, I imagine they would answer with a resounding no.  &gt;Sounds like you could tell lets of stories about the women, though I\u2019m not sure I want to hear them after a good lunch, and I\u2019m pretty sure you don\u2019t want to remember.  Good choice."}
{"_id": "343120", "title": "", "text": "The difference between the two numbers is that the market size of a particular product is expressed as an annual number ($10 million per year, in your example).  The market cap of a stock, on the other hand, is a long-term valuation of the company."}
{"_id": "343131", "title": "", "text": "\"Yeah, I don't think anyone is suggesting you'll be able to print an entire car and drive it off the lot any time soon. What *could* be done, however, is printing any number of odd one-off parts on the scene. These are the kind of parts that evoke the \"\"sorry, we don't have that in stock, but I can order it...\"\" replies you seem to hear everywhere these days. With a combination of a 3D milling machine for metals and a 3D printer for odd shapes, you can make a large variety of parts that functions *equivalently*, even if the replacement differs in appearance or construction. For most people just trying to get a broken thing functional again, that won't matter much, if at all.\""}
{"_id": "343168", "title": "", "text": "If ordinary income tax rates and contribution rates to tax-advantaged retirement accounts are held constant, It's net negative to the extent that the average retirement account return exceeds the risk-free rate. Rather than pushing money into Roth accounts, the government could leave traditional 401(k)s unchanged, borrow the difference in up-front tax revenue that it's foregoing by doing so, and repay that debt as the tax revenue from traditional 401(k) disbursements comes in. Net of interest on the additional debt, the latter strategy would increase the government's total tax revenue by an amount proportional to the average excess return of the affected retirement accounts, with essentially no downside (other than messaging) relative to the strategy that's being proposed.  Of course, in reality it's likely that retirement savings rates would decline as a result of the change, so that would partially offset the overall reduction in tax revenue. However, the downsides of reduced retirement savings rates arguably far outweigh that benefit. (That's why tax-advantaged retirement accounts exist in the first place.)"}
{"_id": "343170", "title": "", "text": "The results identified the top 5 skills targeted for executive leadership in 2012, as:   \u2022 Strategic planning 51.4% \u2022 Business acumen 50.0% \u2022 Coaching 48.6% \u2022 Communication 47.2% \u2022 Employee engagement 38.9%  Find out more! Download this Free report at: http;//www.PredictiveSuccess.com"}
{"_id": "343196", "title": "", "text": "There are a number of ways someone acquires assets without buying it. People could have inherited assets. They could have been gifted assets. They might have won assets in a lawsuit (unlikely to be a mall, but not impossible). They could have married into the assets. So there's other ways of acquiring assets without purchasing them."}
{"_id": "343198", "title": "", "text": "\"You really don't think no one is going to sub to this?  Because they will.  Disney has a huge ass following if you will of people \"\"eating\"\" up Disney products.  Yes some people will lose interest and some will priate stuff, but this likely not going to backfire on them.\""}
{"_id": "343206", "title": "", "text": "Look through the related questions.  Make sure you fund the max your tax advantaged retirement funds will take this year.  Use the 30k to backstop any shortfalls.  Invest the rest in a brokerage account. In and out of your tax advantaged accounts, try to invest in index funds.  Your feeling that paying someone to manage your investments might not be the best use is shared by many.  jlcollinsnh is a financial independence blogger.  He, and many others, recommend the Vanguard Total Stock Market Index Admiral Shares.  I have not heard of a lower expense ratio (0.05%). Search for financial independence and FIRE (Financial Independence Retire Early).  Use your windfall to set yourself on that road, and you will be less likely to sit where I am 25 years from now wishing you had done things differently. Edit:  Your attitude should be that the earliest money in your portfolio is in there the longest, and earns the most.  Starting with a big windfall puts you years ahead of where you'd normally be.  If you set your goal to retire at 40, that money will be worth significantly more in 20 years. (4x what you start with, assuming 7% average yearly return)."}
{"_id": "343208", "title": "", "text": "\"Wow, you guys get really cheap finance. here a mortage is 5.5 - 9% and car loans about 15 - 20%. Anyway back to the question. The rule is reduce the largest interest rate first (\"\"the most expensive money\"\"). For 0% loans, you should try to never pay it off, it's literally \"\"free money\"\" so just pay only the absolute minimum on 0% loans.  Pass it to your estate, and try to get your kids to do the same.  In fact if you have 11,000 and a $20,000 @ 0% loan and you have the option, you're better to put the 11,000 into a safe investment system that returns > 0% and just use the interest to pay off the $20k. The method of paying off the numerically smallest debt first, called \"\"snowballing\"\", is generally aimed at the general public, and for when you can't make much progress wekk to week.  Thus it is best to get the lowest hanging fruit that shows progress, than to try and have years worth of hard discipline just to make a tiny progress.  It's called snowballing, because after paying off that first debt, you keep your lifestyle the same and put the freed up money on as extra payments to the next target.  Generally this is only worth while if (1) you have poor discipline, (2) the interest gap isn't too disparate (eg 5% and 25%, it is far better to pay off the 25%, (3) you don't go out and immediately renew the lower debt.  Also as mentioned, snowballing is aimed at small regular payments.  You can do it with a lump sum, but honestly for a lump sum you can get better return taking it off the most expensive interest rate first (as the discipline issue doesn't apply). Another consideration is put it off the most renewable finance.  Paying off your car... so your car's paid off.  If you have an emergency, redrawing on that asset means a new loan.  But if you put it off the house (conditional on interest rates not being to dissimilar) it means you can often redraw some or all of the money if you have an emergency.  This can often be better than paying down the car, and then having to pay application fees to get a new unsecured loan.   Many modern banks actually use \"\"mortgage offsetting\"\" which allows them to do this - you can keep your lump sum in a standard (or even fixed term) and the value of it is deducted \"\"as if\"\" you'd paid it off your mortgage.  So you get the benefit without the commitment.  The bank is contracted for the length of the mortgage to a third party financier, so they really don't want you to change your end of the arrangement.  And there is the hope you might spend it to ;) giving them a few more dollars.  But this can be very helpful arragement, especially if you're financing stuff, because it keeps the mortgage costs down, but makes you look liquid for your investment borrowing.\""}
{"_id": "343219", "title": "", "text": "You realise a capital gain as soon as you sell the stock. At that point, you will have to pay taxes on the profits when you fill in your tax return. The fact that you used the money to subsequently purchase other stocks is not relevant, unless you sell those stocks within the same tax year. For example, purchase $5000 of stock A in 2010. Sell for $6000 in 2010. Purchase $6000 of stock B in 2010. Sell stock B for $6500 in 2010. Purchase $6500 of stock C in 2010. Sell stock C for $7000 in 2011. You owe capital gains on ($6000 - $5000) + ($6500 - $6000) = $1500 for tax year 2010. You owe capital gains on ($7000 - $6500) = $500 for 2011."}
{"_id": "343226", "title": "", "text": "Ambiance Design is one of classic &amp; the best interior designers in USA. We have spread up our interior designing business across the nation including Virginia, Maryland, Washington D.C. etc. areas for over 20 years. Call or email us for a free estimate and onsite consultation! Contact or Call us at 1-888-978-4789"}
{"_id": "343231", "title": "", "text": "I'm with several of the others answering the question in that it isn't about opportunity cost so much as the value of the time savings. For example: I'm sure I could re-shingle my roof and save a ton of money on labor, but the marginal cost of having someone do that for me in the 100+ degree Texas heat makes it worthwhile to outsource that job.  How much I could have earned at my job for however many hours it takes doesn't really play into it unless I am specifically giving up an opportunity to earn money instead of working on my roof. For example, it might tilt the balance more towards outsourcing the roof job if I had an offer for contract work at $100/hr that I wouldn't have time to do if I worked on the roof. Also, considering the time I'd probably take off from work to do the job is paid vacation it isn't like I'm giving up some of my paycheck to do that job. The real variable is how much value I assign to being able to NOT work on my vacation days. The bottom line is this: What your time is worth is variable and depends on the REALISTIC opportunity cost of using that time on a money making endeavor instead of the option you are considering."}
{"_id": "343258", "title": "", "text": "\"Another great BBC article:  &gt; But he said the UK's recovery was **no longer being led by consumer spending**.  .  &gt; Professor Miles added: \"\"... So the recovery, very welcome as it is, has been **a bit dependant on consumer spending**.\"\"  Then the rest of the article has a load of suppositions from the BoE who are consistent only in being wrong.  Finishing up with:  &gt; Professor Miles said most members of the MPC believed this because the \"\"degree of slack\"\" in the economy was being used up, it was \"\"quite likely that as we go into next year wage settlements will be a bit higher and wages will start to rise at a rate that outstrips inflation\"\"  Even though they were wrong on this all before. Thanks BBC!\""}
{"_id": "343290", "title": "", "text": "\"Evaluating the total cost of operation and warranty period are indeed important considerations, but the article is specifically about buyers making an expensive car \"\"feel\"\" more affordable to their budget by having smaller payments over a longer term.   &gt;\u201cStretching out loan terms to secure a monthly payment they\u2019re comfortable with is becoming buyers\u2019 go-to way to get the cars they want, equipped the way they want them,\u201d said Jessica Caldwell, Edmunds executive director of industry analysis.\""}
{"_id": "343293", "title": "", "text": "Full disclosure I am not down voting you.   Of course it's not fair! But the bad news is life is not fair. There are times when we just have to suck it up and do what's right.   Not just morally right, but smart. To put it plainly, America is on its way to becoming a second rate power. We made many stupid choices this past decade, and we have to decide whether we will pick up the pieces together or sit and sulk in our own mud"}
{"_id": "343294", "title": "", "text": "There is a relatively straightforward transformation explained on the Wikipedia page here and on the links from that page.  Note that this only applies to SEDOLs for instruments listed on the London Stock Exchange (LSE). To convert SEDOL to ISIN you pad leading zeroes onto the SEDOL until you have 9 digits.  Then you add the two letter country code (as defined in ISO 3166-1) to the front.  Then you add a final checksum digit to the end, again as defined in the algorithm on the Wikipedia page. To convert ISIN to SEDOL you do the reverse: remove the final digit, remove the two leading letters, and strip off any leading zeroes. Example:"}
{"_id": "343314", "title": "", "text": "\"they seem to do this with or without an eclipse. their customer service manager told me that it's up to each location to decide which if any online reservations they want to honor.   it \"\"hurts\"\" doing business with Hertz in my experience.   I would like them to communicate in advance if they are not going to accept a reservation so people have a chance to find something else beforehand.\""}
{"_id": "343337", "title": "", "text": "Nope; as a percentage, engineering + compsci degrees have seen their share shrink in the past 4 years: http://www.npr.org/blogs/money/2014/05/09/310114739/whats-your-major-four-decades-of-college-degrees-in-1-graph  Compsci is also an extremely versatile degree - it's not just 'here's how to program a computer', it's practising problem solving, understanding client requirements, high-level reading comprehension, and in many programs project management."}
{"_id": "343349", "title": "", "text": "You ever think it's Americans and not the workers? Hard to give up your 1gb speed to go to 2mb and no signal on your phone in bumpkinville for $5 over min wage breaking your back outside. To top it off not many people have the money to uproot their life and move out to the country for shit wages."}
{"_id": "343361", "title": "", "text": "\"I'm honestly with you in the first two... but we need to start getting over number three. It was completely legal and is a done deal. The idea that he should \"\"make it right\"\" by gaming the system even further would only exacerbate the politicization of the court.   Now that fact that it *was* legal is shitty as hell, but the right place to address that sort of thing would be as a part of broader Senatorial reform that I don't think anybody has the stomach for, unfortunately.  Besides that, it's completely extraneous to the topic at hand... what's missing in Washington is not \"\"advantage by the left over the right\"\", it's actual discussion and compromise. They need to try to do that on this one thing and make a fresh start. If we keep relitigating the past, this shit goes all the way back to Bork and earlier.\""}
{"_id": "343363", "title": "", "text": "And this is bad why? What is the total funding? What is the total return? Do you have the necessary facts to evaluate this?  Basing opinions on partial evidence makes poor public policy. Most municipal bonds might actually work out for the better good of communities. Certainly the total amount of bonds listed as going bad in this story is a tiny, tiny fraction of total bonds."}
{"_id": "343367", "title": "", "text": "\"This guy said something like \"\"I won't hire AND I might lay people off AND I might close down shop if any taxes go up.\"\" That is nonsense.  There is a level of burden at which a given business will fold. There is no currently healthy business is at the point where one additional penny of taxes will cause them to close their doors.   Either this guy is making future excuses for a problem he already has but hasn't announced, or he's being overly ridiculous to make a political point. Either move is shady.  That being said, I agree with your assessment 100%. Burden impacts investment.\""}
{"_id": "343370", "title": "", "text": "DayPassWireless is a provider of wireless air card rentals, Wi-Fi rental and mobile hotspots rentals nationwide. Sprint, Verizon and AT&amp;T air cards are available on rent for one day to several months with daily rates ranging between $4.79 and $9.79."}
{"_id": "343379", "title": "", "text": "Find out whether your state has a homestead law or something similar, which might protect your primary residence during bankruptcy. You may have to explicitly register to receive that protection; details differ. Frankly, you'll get better answers to this sort of question from an agency in your area which deals with folks at risk of of bankruptcy/foreclosure/etc. They should know all the tricks which actually work in your area. Hiring a lawyer may also be advisable/necessary"}
{"_id": "343380", "title": "", "text": "I second this. Wooldridge is very well regarded (and a very nice guy). His grad level book is quite good as well.  The other grad level staple is by Greene. Not sure if he has an introductory book.  I also recommend [Ben Lambert's YouTube channel](https://www.youtube.com/user/SpartacanUsuals). He has some playlists for a full undergraduate and graduate level econometrics course. I've watched a few videos and he does a wonderful job."}
{"_id": "343392", "title": "", "text": "\"What are you doing to help those starving children all over the world and how does having compassion for living animals affect your efforts in that area? All of those man-hours spent armchair debating another fruitless election cycle will really debilitate your empathetic capabilities, huh? \"\"There's just no time to have a heart; my internet might be changing for the worse!\"\"  I often wonder how otherwise reasonable people in ancient nation states (and at present in various places around the world) were able to regard slaves as sub-human and treat them accordingly; similar to the turkeys we're talking about here. I also would wonder what it would be like to talk to and reason with someone like that. Here you are in the flesh.   Your lack of cognitive dissonance is staggering.\""}
{"_id": "343452", "title": "", "text": "Companies pay their employees in stocks and stock options, so they have an incentive towards increasing a company's share price. There are many elements that go into a stock's price. For example, if you hold a stock for eternity you should be indifferent if the expected present value of all its future dividends (i.e. earnings) equals the price you paid for it. Also, buy-back policies and voting rights determine stock price as well. The theory is that since shareholders want return on their investments they would promote company executives in such a way that their incentives are aligned to increase the share price."}
{"_id": "343457", "title": "", "text": "\"What could a small guy with $100 do to make himself not poor? The first priority is an emergency fund. One of the largest expenses of poor people are short-term loans for emergencies. Being able to avoid those will likely be more lucrative than an S&P investment. Remember, just like a loan, if you use your emergency fund, you'll need to refill it. Be smart, and pay yourself 10% interest when you do. It's still less than you'd pay for a payday loan, and yet it means that after every emergency you're better prepared for the next event. To get an idea for how much you'd need: you probably own a car. How much would you spend, if you suddenly had to replace it? That should be money you have available. If you think \"\"must\"\" buy a new car, better have that much available. If you can live with a clunker, you're still going to need a few K.  Having said that, the next goal after the emergency fund should be savings for the infrequent large purchases. The emergency fund if for the case where your car unexpectedly gets totaled; the saving is for the regular replacement. Again, the point here is to avoid an expensive loan.  Paying down a mortgage is not that important. Mortgage loans are cheaper than  car loans, and much cheaper than payday loans. Still, it would be nice if your house is paid when you retire. But here chances are that stocks are a better investment than real estate, even if it's the real estate you live in.\""}
{"_id": "343472", "title": "", "text": "Wish I could upvote this more than once. I built my company on my integrity and customer service. I have had numerous referrals through a few key elements such as * Showing up to every job ON TIME. you have no idea how much people appreciate it when you say you will be there at 1PM and show up at 12:56PM. * Breaking down what I am doing for the customer so they get a feel for what they are paying for (if they show interest, that is) * Eye contact, body language, and any other way you can exude honesty makes a world of a difference. I happen to be somewhat charming which assists me here, but anyone can do it.  I think these points have allow my business to grow faster than expected, and I am in a similar industry (electrical)."}
{"_id": "343477", "title": "", "text": "I will not pay any taxes in the Us, since I am not working for an US   company What you will or will not pay is up to you of course, but you definitely should pay taxes in the US, as you're working in the US. Since you mentioned being from Japan, I'll also suggest checking whether you're allowed to perform any work in the US under the conditions of your visa. If you're a F1/J1 student - you'll be breaking the immigration law and may be deported. You might be liable for taxes in Germany, as well, and also in Japan. I'll have to edit this to allow people who downvoted the answer without knowing the legal requirements to change their vote. F1 student cannot be a contractor without a valid EAD. Period. There's no doubt about it and legal requirements are pretty clear. Anyone who claims that you wouldn't be breaking the terms of your visa is wrong. Note, I'm neither a lawyer nor a tax professional, for definite advice talk to a professional."}
{"_id": "343485", "title": "", "text": "I came across the following post from Nov. 5, 2009 on the Mint.com blog:  10 Things That You Can Do To Lower your Car Insurance Premium.  See their post for details, but here's a summary of the tips: \u00b9 I'm not so sure about the suggestion to be loyal.  I'd still shop around as JCarterRN suggests, but give my current company the opportunity to do better before I'd jump ship."}
{"_id": "343488", "title": "", "text": "The article is a bit shortsighted.  It is basing its theory on the age difference between India and the other Asian countries.  However, how does automation play into this?  Also, India has 80%+ of its people in poverty.  With automation around the corner, I can only imagine this to be worse than it already is.   Not saying India does not have potential to be a tremendous influence in the region.  However, to say it will be a superpower might be a bit of a stretch.  At this point it is no longer guaranteed that China will become a superpower."}
{"_id": "343489", "title": "", "text": "\"The prices quoted are for currency pairs traded on the foreign exchange market. For currencies traded on these exchanges, the exchange rates of a given currency pair are determined by the market, so supply and demand, investor confidence, etc. all play a role. EBS and Reuters are the two primary trading platforms in the foreign exchange market, and much of the data on exchange rates comes from them. Websites will usually get their data either from these sources directly or from a data provider that in turn gets it from EBS, Reuters, or another data source like Bloomberg or Haver Analytics. These data sources aren't free, however.  In the US, many contracts, transactions, etc. that involve exchange rates use the exchange rate data published by the Federal Reserve. You might see this in contracts that specify to use \"\"the exchange rate published by the Federal Reserve at 12 pm (noon) on date --some date--\"\". You can also look at the Federal Reserve Economic Data, which maintains data series of historical daily, weekly, and monthly exchange rates for major currency pairs. These data are free, although they aren't realtime. Data for each business day is mostly updated the next business day.\""}
{"_id": "343492", "title": "", "text": "\"Easier to avoid those items than french fries at most fast food places.  3 soft taco meal at taco bell is pretty damn healthy from a calorie/macro standpoint, and that isn't even part of their \"\"healthy\"\" menu. What is comparable at BK/Wendy's/McD's etc?\""}
{"_id": "343518", "title": "", "text": "\"This is clearly a scam, and you should stay away from it. Anyone reading this knew that from the title alone - and it seems that you know it too. Don't \"\"test\"\" whether something is a scam by putting your own money in it. That is exactly how these scammers make money, and how you lose it. How their scam works is irrelevant. The simple fact is that there is no way you can safely earn 20% return over the course of a year, let alone in 1 day*. You know this is true. Don't bother trying to figure out what makes it true in this case. There is no free lunch. Best case scenario, this is a hyper-risky investment strategy [on the level of putting your money down at a roulette wheel]. Worst case scenario, they simply steal your money. Either way, you won't come out ahead. Although I agree with others that this is likely a Ponzi scheme, that doesn't really matter. What matters is, there is no way they can guarantee those returns. Just go to a casino and throw your money away yourself, if you want that level of risk.  *For reference, if you invested $100 for a year, earning 20% returns every day, you would have 6 million trillion trillion dollars by the end of the year. that's $6,637,026,647,624,450,000,000,000,000,000. that number doesn't even make sense. It's more money than exists on earth. So why would they need your $100?\""}
{"_id": "343523", "title": "", "text": "That is really in contravention to 50 years of conservative/Republican orthodoxy - that local control is better at understanding the needs of local citizens. It's also not so easy to pick up and move to a lower tax state - family, friends, culture, public ed system and opportunities for advancement are the better where we are.  The truth is that as a rate payer in the top 10%, my household's tax increase will be used to subsidize the top 1%. If we move anywhere, it will be ex-pat. The opportunities are there for us .. and tbh we have seriously talked about it."}
{"_id": "343525", "title": "", "text": "Because lobbying.  Otherwise such tax optimization schemes would be counteracted with laws after their discovery by our law-making entities... who can be ~~paid~~ lobbied.  Personally I believe if your company uses a country's infrastructure to sell goods for a profit, then you should pay a fair share of that profit to support that infrastructure you use. If you don't want to pay, just don't do business there. But lobbying can alter that logic."}
{"_id": "343551", "title": "", "text": "\"Most cards, through most banks, already have limits on how much you might be liable for if the card is misused, and have mechanisms for \"\"charging back\"\" unauthorized transactions.  I'm not sure using a prepaid card would significantly improve your security.\""}
{"_id": "343558", "title": "", "text": "In practice, it would not work. If you put a bid in that was really out of line, even if it got filled, the exchange would reverse it.  Other than that it really depends on what the current bid/ask spread it, and what volume its trading, as well as how the market feels. Say the current bid is 11 and you put an order in with bid 11.5, it would soak up all the orders on the market up to the volume your buying. But once your order is filled the market will be determined by what the next order's bid/ask is. It might stay where you moved it too if others feels thats a fair price. But if every other order on the market is still at 11, then the price isnt gonna move.  tl;dl unless your a market maker, you could not realistically affect the price."}
{"_id": "343586", "title": "", "text": "I would track it using a regular asset account.  The same way I would track the value of a house, a car, or any other personal asset. ETA: If you want automatic tracking, you could set it up as a stock portfolio holding shares of the GLD ETF.  One share of GLD represents 1/10 ounce of gold.  So, if you have 5 ounces of gold, you would set that up in Quicken as 50 shares of GLD."}
{"_id": "343587", "title": "", "text": "If both bank accounts are in your name, it appears that NS&I have a free International Payments Service.  The Post office international payments are apparently free if you transfer at least \u00a3250. In both cases, I have not used the services and I'm not sure if there is some catch that I have missed.  Perhaps they only appear free due to an unfavourable exchange rate \u2014 I don't know. See also: UK fee-free foreign transfer to own account"}
{"_id": "343594", "title": "", "text": "\"Remember that in most news outlets journalists do not get to pick the titles of their articles.  That's up to the editor.  So even though the article was primarily about ETFs, the reporter made the mistake of including some tangential references to mutual funds.  The editor then saw that the article talked about ETFs and mutual funds and -- knowing even less about the subject matter than the reporter, but recognizing that more readers' eyeballs would be attracted to a headline about mutual funds than to a headline about ETFs -- went with the \"\"shocking\"\" headline about the former. In any case, as you already pointed out, ETFs need to know their value throughout the day, as do the investors in that ETF.  Even momentary outages of price sources can be disastrous. Although mutual funds do not generally make transactions throughout the day, and fund investors are not typically interested in the fund's NAV more than once per day, the fund managers don't just sit around all day doing nothing and then press a couple buttons before the market closes.  They do watch their NAV very closely during the day and think very carefully about which buttons to press at the end of the day.  If their source of stock price data goes offline, then they're impacted almost as severely as -- if less visibly than -- an ETF. Asking Yahoo for prices seems straightforward, but (1) you get what you pay for, and (2) these fund companies are built on massive automated infrastructures that expect to receive their data from a certain source in a certain way at a certain time.  (And they pay a lot of money in order to be able to expect that.)  It would be quite difficult to just feed in manual data, although in the end I suspect some of these companies did just that.  Either they fell back to a secondary data supplier, or they manually constructed datasets for their programs to consume.\""}
{"_id": "343613", "title": "", "text": "Two ways to mitigate this risk are to buy a put at a lower premium to the written call, or manage your trade by buying back your call if you see the underlying price going against you - a bit similar to having a stop loss."}
{"_id": "343619", "title": "", "text": "You need a source of delisted historical data. Such data is typically only available from paid sources. According to my records, AULT (Ault Inc) began as an OTC stock in the 1980s prior it having an official NASDAQ listing.  It was delisted on 27 Jan 2006.  Its final traded price was $2.94.  It was taken over at a price of $2.90 per share by SL Industries. Source: Symbol AULT-200601 within Premium Data US delisted stocks historical price data set available from http://www.premiumdata.net/products/premiumdata/ushistorical.php Disclosure: I am a co-owner of Norgate / Premium Data."}
{"_id": "343632", "title": "", "text": "As an expansion on the correct answer: Consider a really boring economy.  Nothing changes;  wages and prices stay constant for years at a time.  Every month the Consumer Price Index stays at 0%.   Then, something catastrophic happens, say on July 31, 2000. A cheap local source for a vital resource runs out, and it must be obtained from a higher cost source.  Floods cut internal road networks, resulting in higher transportation costs.  Whatever.  The new situation is permanent. As a result, the next month, August, 2000, prices go up 5%.  That is, 5% higher than the previous month, July, 2000, and 5% higher than a year previously, August 1999. There is a lot of consternation, and politicians each promise that they and only they can wrestle inflation to the ground. But, when the figures for September, 2000 come out, inflation stays the same.  Prices are the same as in August, 2000, and 5% higher than in September, 1999. This goes on for months.  Nothing changes, prices stay the same, and the inflation rate, year over year, stays at 5%. Finally, the figures for August, 2001 come out.  Wonder of wonders;  prices are the same as in August, 2000, and inflation drops to zero.   And the politicians all take the credit. Short version: inflation year over year changes either because of what in now included in the month just past, or what is now excluded from a year ago."}
{"_id": "343638", "title": "", "text": "\"In the US there is only one stock market (ignoring penny stocks) and handfuls of different exchanges behind it.  NYSE and NASDAQ are two different exchanges, but all the products you can buy on one can also be bought on the other; i.e. they are all the same market.  So a US equities broker cannot possibly restrict access to any \"\"markets\"\" in the US because there is only one. (Interestingly, it is commonplace for US equity brokers to cheat their customers by using only exchanges where they -- the brokers -- get the best deals, even if it means your order is not executed as quickly or cheaply as possible.  This is called payment for order flow and unfortunately will probably take an Act of Congress to stop.) Some very large brokers will have trading access to popular equity markets in other countries (Toronto Stock Exchange, Mexico Stock Exchange, London Stock Exchange) and can support your trades there.  However, at many brokers or in less popular foreign markets this is usually not the case; to trade in the average foreign country you typically must open an account with a broker in that country.\""}
{"_id": "343662", "title": "", "text": "Finviz can be screened by beta which is an index of correlation. Finviz covers all major North American exchanges and some others."}
{"_id": "343671", "title": "", "text": "\"I wish colleges would stop letting incoming freshmen pick majors. Almost no one ends up studying what they thought they would at first.  I also went to a state school when I couldn't afford the \"\"elite\"\" universities. I started as an English major, went through 3 other majors before settling on finance, and now I work for a top corporate/investment bank. Just try out some classes in different departments. See what you like and where you excel, and let the jobs come later.  If you're set on finance though, you need to realize that coming from a \"\"non-target\"\" school (I hate that term), it's all about building your network. Yes, you're at a disadvantage because you didn't go to Harvard. But you can find a way to meet and make connections with people that will help you way more than any degree.  You're in Chicago, easily one of the top 5 cities in the country for finance...are you trying to tell me that no commodities firms recruit from UIC? Be personable, be persistent, and be damn good at math/statistics/Excel, and you'll have no problem finding a job in finance.\""}
{"_id": "343673", "title": "", "text": "\"&gt;The existence of outsourcing doesn't apply here. You can't outsource a walmart cashier.  You haven't seen automatic checkouts yet? My closest Wal Mart has 8 of them and only one staffed lane most of the time. This shipping facility is also a very likely candidate for a \"\"lights-out\"\" automated remodel if they raise wages. You might not be able to outsource but you can sure as shit automate.\""}
{"_id": "343674", "title": "", "text": "I would advise against this. My main reason for saying so is that you are in a time of major transition, and transition equals uncertainty. What if the new job turns out to be a bad one, and at the same time the house is more difficult to rent out than you expect? That seems like a situation that would be worse than the sum of its parts. Some other things to consider: first, if you want to buy a house where your new job is located, you will not be able to borrow as much for that house.  This is especially important if you are moving to a city with a very high Cost of Living. Second, your margin on the rental doesn't sound like it would leave much room for profit. A $100 difference between your mortgage and your rent amount will be eaten up very quickly through property management fees and maintenance.  If the value of the house does not rise like you expect, that could mean you put in a lot of effort for very little or no gain. Finally, this will require a good deal of time management. Between relocating, closing on this house, and beginning a new job, it sounds like you'll have a lot going on. This may not concern you much, but it's still worth considering."}
{"_id": "343675", "title": "", "text": "In the economic cycle we are are going through the crashing of the monoliths - corporate and political - mass extinction events . As far as investment is concerned where the money can be made is with the small to medium sized businesses - progressive evolution - these will pick up the business from the crashed corporates ."}
{"_id": "343680", "title": "", "text": "1. No one is doing that. 2. They don't care about your guns because you can't win with them. 3. They are very happy that you are afraid someone is going to take away because it keeps you focused on that instead of other issues."}
{"_id": "343681", "title": "", "text": "It has properties of both.  Tax authorities will eventually give their opinion on this.  Through its properties of finite quantity, fungibility, and resistance to forgery/duplication, it acts as a commodity.  It can be sent directly between any two parties anywhere on Earth, without regard for the quantity transacted or physical distance, to act as a currency. By the way, establishing trust in a trust-free environment through cryptographic proof-of-work is a remarkable invention.  Sending economic value, cheaply and securely, around the world in minutes, not days/weeks, is a remarkable invention.  This is where the value comes from."}
{"_id": "343683", "title": "", "text": "I agree.  My biggest disagreement with the article is the stigma against the rebates offered by exchanges.    These are offered for providing liquidity to the markets, and are an added incentive to both market makers and institutional (and now retail) clients to post orders and provide liquidity for other participants to interact with.  We have some market making strategies that make very little in gross P&amp;L (i.e., capturing the spread), but net P&amp;L is much higher due to the rebates we get for maintaining quotes and providing liquidity throughout the day, especially in illiquid/small cap names where spreads would be wide if they relied purely on retail/institutional flow.  I'm surprised the author didn't talk about inverted exchanges (Bats Y, Edge A) where participants receive rebates for taking liquidity instead of providing it.  Those models essentially reward people who need immediate execution - does he see a problem with those or should they be exempt?"}
{"_id": "343692", "title": "", "text": "I think the issue here is you're starting with a criteria that doesn't actually exist in reality.  A very small amount of research will uncover a plethora of options for savings accounts that pay far more interest than your basic checking account and don't require you to spend on the balance to earn the interest.   The point of saving is to have a pot of money that you can dip in to when you need it, or when you're ready to spend it for it's intended purpose.  That pot of money is not supposed to experience a lot of transactions.  It shouldn't be commingled with funds that come and go on a daily basis.  It doesn't make sense to have checks or a debit card attached to your savings account, because you shouldn't need access to that money that way; not to mention that those two things open the door to fraud on the money that's supposed to be there for you when you need it. Could you put your savings funds in to a checking account, sure.  If we lived in a world where savings accounts that don't force you to jump through hoops to avoid fees didn't pay 10x more interest than interest bearing checking accounts that have similar ease of administration, more people may choose to house savings funds in checking accounts; but that's not the world we live in.   Thanks to the back and forth in the comments below I'm now more certain of my position that if you want a high yielding checking account you'll have pay fees or initiate a certain number of debit card transactions, or both.  No one wants fees, and you shouldn't be spending on your savings in order to earn interest on the balance. It is very easy to juice your savings account to the best rates available."}
{"_id": "343693", "title": "", "text": "\"The answer to your question depends very much on your definition of \"\"long-term\"\". Because let's make something clear: an investment horizon of three to six months is not long term. And you need to consider the length of time from when an \"\"emergency\"\" develops until you will need to tap into the money. Emergencies almost by definition are unplanned. When talking about investment risk, the real word that should be used is volatility. Stocks aren't inherently riskier than bonds issued by the same company. They are likely to be a more volatile instrument, however. This means that while stocks can easily gain 15-20 percent or more in a year if you are lucky (as a holder), they can also easily lose just as much (which is good if you are looking to buy, unless the loss is precipitated by significantly weaker fundamentals such as earning lookout). Most of the time stocks rebound and regain lost valuation, but this can take some time. If you have to sell during that period, then you lose money. The purpose of an emergency fund is generally to be liquid, easily accessible without penalties, stable in value, and provide a cushion against potentially large, unplanned expenses. If you live on your own, have good insurance, rent your home, don't have any major household (or other) items that might break and require immediate replacement or repair, then just looking at your emergency fund in terms of months of normal outlay makes sense. If you own your home, have dependents, lack insurance and have major possessions which you need, then you need to factor those risks into deciding how large an emergency fund you might need, and perhaps consider not just normal outlays but also some exceptional situations. What if the refrigerator and water heater breaks down at the same time that something breaks a few windows, for example? What if you also need to make an emergency trip near the same time because a relative becomes seriously ill? Notice that the purpose of the emergency fund is specifically not to generate significant interest or dividend income. Since it needs to be stable in value (not depreciate) and liquid, an emergency fund will tend towards lower-risk and thus lower-yield investments, the extreme being cash or the for many more practical option of a savings account. Account forms geared toward retirement savings tend to not be particularly liquid. Sure, you can usually swap out one investment vehicle for another, but you can't easily withdraw your money without significant penalties if at all. Bonds are generally more stable in value than stocks, which is a good thing for a longer-term portion of an emergency fund. Just make sure that you are able to withdraw the money with short notice without significant penalties, and pick bonds issued by stable companies (or a fund of investment-grade bonds). However, in the present investment climate, this means that you are looking at returns not significantly better than those of a high-yield savings account while taking on a certain amount of additional risk. Bonds today can easily have a place if you have to pick some form of investment vehicle, but if you have the option of keeping the cash in a high-yield savings account, that might actually be a better option. Any stock market investments should be seen as investments rather than a safety net. Hopefully they will grow over time, but it is perfectly possible that they will lose value. If what triggers your financial emergency is anything more than local, it is certainly possible to have that same trigger cause a decline in the stock market. Money that you need for regular expenses, even unplanned ones, should not be in investments. Thus, you first decide how large an emergency fund you need based on your particular situation. Then, you build up that amount of money in a savings vehicle rather than an investment vehicle. Once you have the emergency fund in savings, then by all means continue to put the same amount of money into investments instead. Just make sure to, if you tap into the emergency fund, replenish it as quickly as possible.\""}
{"_id": "343708", "title": "", "text": "\"The US withholding tax applies to stocks/ETFs purchased on the NYSE and other US-based exchanges. If you buy Cenovus on the TSE then you will not be charged this tax.  Your last sentence seems like you might be misunderstanding this tax though. If the tax applied, it would not cost you 15% on all your profits, it only applies to dividend yields. So if it pays you a 5% dividend, the tax costs you 0.75%. However, if you buy at $21.19 and sell at $26, then your capital gain is not subject to withholding taxes. It is however, subject to Canadian income tax (at 50% of the gain amount) when it's not sheltered in a TFSA or other registered account. The tax on the gains could easily amount to 16% of your profits, which is a much more significant cost. Therefore, having to pay a 0.75% withholding cost certainly does not \"\"defeat the purpose of the TFSA\"\" which is to shelter from Canadian income tax!\""}
{"_id": "343744", "title": "", "text": "My brother is worried as in US a transaction of more than 10K can be flagged by IRS. Transactions may be flagged to IRS or any other regulators as required. If the intent is correct, there is nothing wrong, your Brother would have to establish that it was for legit reason. Will it be safe to transfer through wire to wire Transfer or is there any other alternatives All legit transfer mechanism would have the same reporting regulation. There is no one better than other method. As stated earlier, if the purpose is bonafide, there shouldn't be anything to worry about."}
{"_id": "343748", "title": "", "text": "This is what your car loan would look like if you paid it off in 14 months at the existing 2.94% rate: You'll pay a total of about $277 in interest.   If you do a balance transfer of the $10,000 at 3% it'll cost you $300 up front, and your payment on the remaining $5,000 will be $363.74 to pay it off in the 14 month period.  Your total monthly payment will be $1,099.45; $5,000 amortized at 2.94% for 14 months plus $10,300 divided by 14. ($363.74 + 735.71).  Your interest will be about $392, $300 from the balance transfer and $92 from the remaining $5,000 on the car loan at 2.94%. Even if your lender doesn't credit your additional payment to principal and instead simply credits future payments, you'd still be done in 15 months with a total interest expense of about $447.  So this additional administration and additional loan will save you maybe about $55 over 14 or 15 months."}
{"_id": "343757", "title": "", "text": "Finance is more local than global. There's a few mega banks but a lot of people still prefer small banks and credit unions.  I would say Oil. OPEC has that shit locked down. They make a ton of money because they're crooks and they fix the prices.  Thanks to electric cars however, their whole industry is going to collapse in a handful of years. And good riddance. Parasites all of them. None of the people getting rich from Oil have spent any time getting their hands dirty retrieving it. They use poor people to dig the shit up and then they re-sell the shit to other poor people while collecting far too much money in transit. Parasites all of them."}
{"_id": "343760", "title": "", "text": "I don't get why people insist on listening to cable tv to buy their stocks or any list. I remember one time a old lady was about to invest a good chunk of money in AOL because a broker said to do it. *face palm.*"}
{"_id": "343766", "title": "", "text": "In the US, mortgage payments are not deductible. What is deductible is the mortgage interest (to a limit). That, as well, is not deductible unconditionally, but rather as part of your itemized deductions on Schedule A of your yearly tax return. So if you're married and have a standard deduction of $12600 a year, live in a state with no state income tax, and your property tax and the mortgage interest are less than your standard deduction - you will not be getting any tax benefit whatsoever. That is, in fact, the case for many, if not majority, of the US mortgage payers. So in order to get a proper estimate, you need to take into account all the aspects of your tax calculations, which are by nature quite personal, and simulate the changes with the mortgage interest deduction. Most tax preparation software will allow you creating multiple files, so you can run the numbers for different scenarios."}
{"_id": "343770", "title": "", "text": "\"I recently switched from a very \"\"creature-comfort\"\" heavy office to working as a consultant with virtually zero comforts (free coffee and a desk). My new role is much more rewarding because I love the work and freedom. When I look back I wonder; were the creature comforts really important or were they just helping to mask the dismay and borishness of the office and work type?  I pay for all of my own supplies, beverages, food, etc now. But I also dictate exactly what I will do each day, everyday. That I wouldn't trade for the world.\""}
{"_id": "343771", "title": "", "text": "Are you searching for the largest Tyre Shop In New Delhi then contact with Singh Tyre House which is the best dealers of all types of branded or non branded tyres of bikes or cars. To get more details, Explore the full article."}
{"_id": "343774", "title": "", "text": "It HAS to end in the dissolution of Equifax. There was an explicit chain of trust. If either party breaks that chain they lose their standing.   Consumers know what happens when they commit to actions to lose their credit rating.   Equifax needs to answer to the same standards."}
{"_id": "343803", "title": "", "text": "A lot of these answers are strong, but at the end of the day this question really boils down to: Do you want to own things? Duh, yes. It means you have: By this logic, you would expect aggregate stock prices to increase indefinitely.   Whether the price you pay for that ownership claim is worth it at any given point in time is a completely different question entirely."}
{"_id": "343807", "title": "", "text": "Frankly, things that would have seemed crazy to me as little as 5 years ago:  Moving most of my assets into precious metals, and since I can't afford (and don't think I have time to properly stock) a farm where I can be self-sufficient, looking at moving out of country to a place with a healthy economy that isn't too dependent on the US.  The other reason I'm looking at moving out of country is that the Federal Government seems to be preparing to transition into a police state - which makes some sense given probable large-scale riots when the economy collapses.  I don't think that who wins the Presidential election will make any difference to what the government will do."}
{"_id": "343811", "title": "", "text": "\"&gt; The main issue is that anonymous payment is strongly opposed by banking and governments.  The US government [prints nearly half a trillion dollars](http://www.moneyfactory.gov/uscurrency/annualproductionfigures.html) of anonymous money *a year* for use by the public, and banks spend untold billions maintaining a network of machines to dispense it at the time and place of your choosing. In what way is that \"\"strong opposition?\"\"\""}
{"_id": "343823", "title": "", "text": "I think the key to intrinsic value is that if you have something with *intrinsic* value, you can derive some direct benefit from it without trading.  For example a house has intrinsic value because without trading it, you can use it to stay warm and dry, and use it to store your stuff. Money - whether it's federal currency or bitcoin - has a very low intrinsic value. What can you do with cash without trading it? Maybe make some paper art or patch a leaking boat, but a $20 bill has very little practical (intrinsic) value until you trade it for goods or services. The same with bitcoin - you can't play it like a video game or drink it if you're thirsty, all you can do is trade it for things that you can use directly."}
{"_id": "343837", "title": "", "text": "Analysts normally (oxymoron here) gauge their targets on where the stock is currently and more importantly where it has been. Except for in the case of say a Dryships where it was a hundred dollar stock and is now in the single digits, it is safe to assume that Apple for instance was well over $ 700 and is now at $500, and that a price guidance of $ 580 is not that remarkable and a not so difficult level to strike. Kind of like a meteorologist; fifty percent chance of rain. Analysts and weathermen.Hard to lose your job when your never really wrong. Mr Zip, Over and outta here"}
{"_id": "343846", "title": "", "text": "I know what you mea. It is an extremely dirty mining mineral so my theory is that people are mining more and dealing with the waste better. There's a huge need for it so prices must have gone up. My theory."}
{"_id": "343850", "title": "", "text": "assuming that a couple big players are making the majority of money in the stock market (which is true), it is logical to assume that most smaller players are losing.   For example, if one big hedge fund makes 20% a year,  it means either 20 funds lost 1%, or 5 funds lost 4%, and etc.   Assuming that the economy is not drastically getting much better, stocks are a zero sum game. Therefore, the couple of funds with the most resources will be taking from the people that aren't as advanced or taking a chance."}
{"_id": "343855", "title": "", "text": "I wouldn't even say it's amazing at UX. Once upon a time it was, but these days it has lost a ton of ground. Take a look at iTunes. With every iteration it has someone managed to get worse and less user friendly.  Honestly Apple's strength is it's brand perception. Like you said, a huge amount of its fan base is convinced that the slightest changes are must have features and that their products are superior simply by virtue of being an Apple product."}
{"_id": "343868", "title": "", "text": "I took your cue and checked Google and Wikipedia. They are in no way, shape, or form the same company, ~~though their products are manufactured by the same company.~~ *Edit: After looking a little further, it turns out both corporations use separate entities to assemble their products. Thanks TheBullshitArtist for calling that out.*"}
{"_id": "343872", "title": "", "text": "\"To echo part of stannius' response. If it's taxable, there would be tax on $19,999, just a bit less than on $20,000. Your uncle may have a credential, and members here may not, but still he may be mistaken. Or he could be giving you advice on how to skirt the law.  The taxability and the $20,000 threshold are unrelated! Trying to 'avoid' the   $20,000 is a completely misplaced effort. Gifts from anyone are not taxable to the recipient. So long as nothing is received in return, it's not taxable income to her. In contrast a blogger with a \"\"tip jar\"\" is soliciting money in exchange for advice, entertainment, etc. that's taxable. Donations to individuals, in the circumstance you describe are not income to her, nor are they deductible to the donor.  Edit - a fellow blogger (more than that, she's my tax crush) had an article Cancer survivor gets $19,000 tax bill for GoFundMe donations which may render my answer incorrect. Other article on this story suggest that the IRS is notified, but the nature of the transfer needs to be addressed.  In my opinion, you should find a new uncle CPA.\""}
{"_id": "343882", "title": "", "text": "\"She is laundering money for criminals, either knowingly or unknowingly. There are lots of ways to make fraudulent money transfers like credit card fraud, direct debit fraud or online banking trojans. Unfortunately (for the criminals) banks usually reverse such transfers when informed by their customers and inform the police, so criminals can not directly wire these transfers into their personal accounts. That's where so-called \"\"mules\"\" come in. Mules are people who are hired by criminals to receive such dirty money and move it to a different account controlled by the criminals. When the transfer gets reversed, two things happen: Your \"\"friend\"\" is either one of these mules or in the business of recruiting mules.\""}
{"_id": "343907", "title": "", "text": "&gt; An employer also needs somebody to show up on time  A college diploma does not guarantee being timely.  You can find out in few days or weeks if an employee shows on time.  Look, for certain roles, you need somebody who graduated from college with good grades. No questions about it.  But for being a teller in the bank, you don't (one example)."}
{"_id": "343910", "title": "", "text": "We offer electroplating services of reliability for both industrial and decorative purposes. Basically your needs or demands may vary but at Deming Electro Plating Corporation, we ensure to provide the finest services for all kinds. It gives us immense pleasure to state that for the last 60 years, we have been in the business with a well-repute and credibility."}
{"_id": "343913", "title": "", "text": "It could be a a way to preserve the value of your money, but depends upon various factors. If a country defaults, and it leads to hyper-inflation, by definition that means that money loses its purchasing power.  In even simpler terms, it cannot buy as much tomorrow as I could today. Therefore people can be incented to either hoard physical goods, or other non-perishable items. Real-estate may well be such an item.  If you are resident in the country, you have to live somewhere.  It is possible that a landlord might try to raise rent beyond what your job is willing to pay.  Of course, in a house, you might have a similar situation with utilities like electricity... Assuming some kind of re-stabilization of the economy and currency, even with several more zeros on the end, it is conceivable that the house would subsequently sell for an appropriately inflation adjusted amount, as other in-demand physical goods may. Lots of variables. Good Luck."}
{"_id": "343917", "title": "", "text": "The main point to consider is that your payments toward your own home replace your rent. Any house or apartment you buy will have changes in value; the value is generally going slowly up, but there is a lot of noise, and you may be in a low phase at any time, and for a long time. So seeing it as an investment is not any better than buying share or funds, and it has a much worse liquidity (= you cannot as easily make it to cash when you want to), and not in parts either. However, if you buy for example a one-room apartment for 80000 with a 2% mortgage, and pay 2% interest = 1600 plus 1% principal = 800, for a total of 2400 per year = 200 per month, you are paying less than your current rent, plus you own it after 30 years. Even if it would be worth nothing after 30 years, you made a lot of money by paying half only every month, and it probably is not worthless. You need to be careful not to compare apples with oranges - if you buy a house for 200000 instead, your payments would be higher than your rent was, but you would be living in your house, not in a room. For most people, that is worth a lot. You need to put your own value to that; if you don't care to have a lot more space and freedom, the extra value is zero; if you like it, put a price to it. With current interest rates, it is probably a good idea for most people to buy a house that they can easily afford instead of paying rent. The usual rules should be considered - don't overstretch yourself, leave some security, etc. Generally, it is rather difficult to buy an affordable house instead of renting today and not saving a lot of money in the process, so I would say go for it."}
{"_id": "343961", "title": "", "text": "\"Played \"\"the balance transfer game\"\" once recently, just as a reference - Got a balance transfer offer for a sock drawer no-AF card. 2% up-front fee, 0% APR. Grace period was, by the time I acted on it, about 16 months. Used it to pay down an auto loan with an APR slightly higher than 2%, and brought my equity back to positive. Towards the end when I rolled over the auto loan, thanks to the positive equity I was offered a rate discount on the new loan. Essentially this was a piggyback loan on the original auto loan funded by credit card (via balance transfer). Saved some interest charges without having to refinance.\""}
{"_id": "343964", "title": "", "text": "What you're looking for is the 'Transaction Report'. When you're looking at the report (it comes up empty), open the options and click on the first tab 'Accounts'.  Here you can highlight multiple source accounts in the top pane, and filter by the Expense accounts that you are interested in the bottom pane. Here's an example that goes over the process (there are many examples online, I just included the first one that came up in a search)."}
{"_id": "343965", "title": "", "text": "Very unlikely to get 200k out of college, but not out of reach of as you gain experience and if you live in a high CoL area.  200k and higher is about right for all-in comp (base + bonus) as you reach IT management / specialty / sales roles.  This is why talent is a concern across finance right now. Grads are going to tech instead of banks because the pay is about a wash but work environment is better. They're not wrong."}
{"_id": "343977", "title": "", "text": "\"Ryan's suggestion to index for your main strategy is dead on. Your risk is highest with one given stock, and decreases as you diversify. Yet, picking the stocks one at a time is an effort, when done right, it's time consuming. For what one can say about Jim \"\"mad money\"\" Cramer, his advice to spend an hour a month studying each stock you own, is pretty decent advice.  Penny stocks are sub one dollar priced, typically small companies which in theory can grow to be large companies, but the available information tends to be tougher to get hold of.  Options are a discussion for a different thread, I discussed the covered call strategy elsewhere and show that options are not necessarily high risk, it depends how they are used.\""}
{"_id": "343996", "title": "", "text": "\"The fed does charge interest. Like you said, they do give profits to the treasury each year, but not all of their profits are sent back. They also pay dividends to the banks that hold stock in the Fed (I think it is like 7%).  But  yeah, since the fed does pay the rest back to the Treasury any interest it pays is basically moot.  &gt;If you don't already know, this is the modern version of \"\"printing money\"\".  This is the larger concern. If they are just buying bonds to implement monetary policy that is one thing. However, if they are financing the government debt because foreign investors are strapped for cash or don't want it, that is a bigger problem. I haven't been following closely enough to know if that is an issue here, but it seems treasury bills are in high demand at the moment so I don't think the fed is actually \"\"financing\"\" our budget, just keeping rates low (which does create problems but that's a different conversation).\""}
{"_id": "344003", "title": "", "text": "You could achieve the same result with a balance transfer with many institutions. Some institutions allow bank accounts to be used as the balance transfer destination (instead of another credit card). Balance transfers typically have much lower fees than cash advances, and also are typically more readily available during 0% interest promotional periods. After you receive cash in your checking account it is just as fungible and liquid as any other source of cash. Making the answer yes. One caveat being that your credit utilization will also spike, which has the effect of lowering your credit eligibility for the mortgage. But there is a delay of a month or two before that is reported to the credit bureaus, so the time delay mitigates that particular concern."}
{"_id": "344004", "title": "", "text": "Suppose you're a European Company, selling say a software product to a US company. As much as you might want the US company to pay you in Euros they might insist (or you'll lose the contract) that you agree pricing in USD.  The software is licensed on a yearly recurring amount, say 100K USD per year payable on the 1st January every year. In this example, you know that on the 1st Jan that 100K USD will arrive in your USD bank account.   You will want to convert that to Euros and to remove uncertainty from your business you might take out an FX Forward today to remove your currency risk.   If in the next 9 months the dollar strengthens against the Euro then notionally you'll have lost out by taking out the forward.   Similarly, you've notionally gained if the USD weakens against the EURO.    The forward gives you the certainty you need to plan your business."}
{"_id": "344037", "title": "", "text": "I'm specifically talking about QE and printing excessive money to pay off government liabilities. But yeah true. It amazes me how stupid people are in general to not realize this is happening. This is literally the (biggest) reason wages in america are depressed. They're not 'depressed', their real value is tiny."}
{"_id": "344038", "title": "", "text": "Part of the purpose of a tax haven is retaining more capital for reinvestment.  Then you have more control over how, when and where you pay taxes.  Once the capital has been retained in your haven you can strategically deploy it to other favorable locations on the globe.  Should you ever want part of it to hit a personal account in the US you'd have a tax liability.  But at this level you could just put your ownership of that account up as collateral on a loan and buy your boat that way instead."}
{"_id": "344041", "title": "", "text": "I can't say specifically about charities to help Greece. If someone on here has specific knowledge, please chime in. The only shortcut I know to tell if a charity is legitimate is to consult one of the ratings/watchdog type groups that monitor charities. For example, for explicitly Christian charities, there's a group called the Evangelical Council for Financial Accountability. To be a member in good standing a charity has to meet a bunch of criteria, like having an independent board of directors, i.e. you can't start a charity, make yourself the president and your brother-in-law the vice president and you're not answerable to anyone else; their fund-raising and administrative costs can't be more than a certain percentage of total income, etc. There are similar groups with similar standards for more general charities. I'm not naming any of those groups because there's a potential catch: How reputable is the group that rates other people's reputations? And I don't want to recommend someone without knowing. Years ago I came across a news story about an organization that rated colleges, and that had given one particular college their top rating. But, the news story said, investigators found that that one college was the ONLY college they ever gave a rating to, and that their address was the same as the college's address. It turned out, of course, that the college was a scam. The other method is to take some time to investigate the charity.  For starters, get a copy of their annual report or their newsletter. If they're total frauds, often they don't have an annual report or a newsletter. Of course a fraud could make up beautiful flyers describing all the wonderful work they do, with pictures of people they helped and detailed case histories, and it's all complete fiction. But that's more work than most con men go to. I've gotten lots of pleas for contributions from people who call on the phone or come to my door or send an email. If the message does not have a logo, a mailing address and phone number, reasonably coherent English, and a fair amount of text describing what they do, I don't give them anything. They COULD be a new start up that hasn't had time to prepare these things. They COULD believe that pretty flyers are a waste of money and they want to put all their resources into helping the needy. But more likely it's a scam that somebody through together in his basement. Of course the best thing is if you personally know people who are officers in the organization. (Well, assuming you personally know them AND you know that they are honest people. If you know the president and you know he's a sleazy con man, you might want to stay away from that group.) See if you can find information about the charity in the news or on-line. If they're being investigated for fraud by the Justice Department, you might want to avoid them. Etc. Maybe you've thought this through, but you also might want to think about exactly who in Greece you want to help, and what your philosophy of charity is. Do you want to help people who lost their jobs because of the economic problems there and who are now unemployed? Do you want to donate to the government to help them balance the budget? Do you want to help support an orphanage or a homeless shelter, or give money directly to needy people? Etc. And one piece of unsolicited advice: Unless you have millions to give -- and I'm assuming you don't as you said your first gift would be $50 -- I'd pick one or two charities and give regularly to them. I think you can do more good by giving $X per month to a single charity than to give to a different charity every month. You make more difference."}
{"_id": "344042", "title": "", "text": "I like the aggregation a lot, but it seems like the site's purpose is designed for lead gen for those tools? Why are there not reviews or profiles of those tools on that site and instead just push their traffic to those platform's websites to download?"}
{"_id": "344052", "title": "", "text": "Everyone else seems to have focused (rightly so) on the negatives of credit cards (high interest rates) and why it is important to pay them off before interest starts accruing. Only Marin's answer briefly touched on rewards.  To me, this is the real purpose of credit cards in today's age.  Most good rewards cards can get you anywhere from 1-2% cash back on ALL purchases, and sometimes more on other categories.  Again, assuming you can pay the balance in full each month, and you are good at budgeting money, using a credit card is an easy way to basically discount 1-2% of all of the spending you put on your card.  AGAIN - this only works to your advantage if you pay off the credit card in full; using the above example of 20% interest, that's about 1.6% interest if the interest compounds monthly, which wipes out your return on rewards if you just go one month without paying off the balance."}
{"_id": "344063", "title": "", "text": "A few things, OP.  1.  Begging for expertise is self-limiting.   Oh, and you want sources?  Get bent.  2.  I've worked with Dell, in a vendor-based arrangement for the better part of a decade, on everything from workstation to datacenter projects.   My billing rate is $290/hour.    IM me if you're interested.  3.  Here are the buzzwords to drop for your class.  'Cloud-based infrastructure',  'IT as a commodity',  'Consumer-driven IT',  'Utility Computing', etc.  4.  Read the news lately?   Heard about any technology companies having problems.... maybe... something weather related?"}
{"_id": "344065", "title": "", "text": "Here's how this works in the United States. There's no law regarding your behavior in this matter and you haven't broken any laws. But your broker-dealer has a law that they must follow. It's documented here: The issue is if you buy stock before your sell has settled (before you've received cash) then you're creating money where before none existed (even though it is just for a day or two). The government fears that this excess will cause undue speculation in the security markets. The SEC calls this practice freeriding, because you're spending money you have not yet received. In summary: your broker is not allowed to loan money to an account than is not set-up for loans; it must be a margin account. People with margin account are able to day-trade because they have the ability to use margin (borrow money). Margin Accounts are subject to Pattern Daytrading Rules. The Rules are set forth by FINRA (The Financial Industry Reporting Authority) and are here:"}
{"_id": "344076", "title": "", "text": "The original owner of the shares can pledge their shares to be short, and they earn interest from lending their shares. The conditions of this arrangement are detailed in standard agreements all market participants sign with their broker, or clearinghouse, or with the exchange, or with the self regulatory agency. Stocks within the same class are identical, despite someone's sentiment to an old share certificate that their grandparents gave them, and as such can be sold and returned to the beneficial owner multiple times with no difference. That is how it is supposed to work anyway, as naked shorting involves selling fictional shares that have no beneficial owner. So there are market inefficiencies in this practice, but the agreements between market participants are sound and answers your question about how."}
{"_id": "344093", "title": "", "text": "&gt; Neither the businesses that aren't paying taxes or the working poor who aren't paying taxes are bringing in revenue for Texas.  Because Texas also receives many low skilled labor and immigrants. Furthermore Texas has one of the lowest State Debt per Capita which is $1,513 #46 of all US states in 2011. Factor in the state debt and people in Texas are much less in debt than other states. http://www.uschamberfoundation.org/sites/default/files/legacy/foundation/u94/Debt-Per-Capita-(large)_0.png   &gt; Neither the businesses that aren't paying taxes or the working poor who aren't paying taxes are bringing in revenue for Texas.  Texas is the #1 trading state, it has enough revenue and still one of the lowest State debt per Capita.($1,513 #46 of all states). **Texas has accounted for half of the net new jobs added to the U.S. economy, according to the lead story in this morning\u2019s USA Today. That\u2019s quite a record for one lone state. We\u2019ll leave it to others for now to argue over how much credit Gov. Perry can claim.**  **Another reason for its relatively strong job growth is a friendly business climate, including no state income tax and relatively light regulations. And for those who scapegoat trade for the nation\u2019s persistently high unemployment rate, consider that Texas is the nation\u2019s number one trading state**"}
{"_id": "344096", "title": "", "text": "If you looking for guidance how to login to your Linksys routers, then you are on right page. We have a number of satisfied customers who take assistance from professionally technical team which is dedicated for the Linksys routers &amp; their every kind of issue."}
{"_id": "344118", "title": "", "text": "\"Baseball cards don't pay dividends. But many profitable companies do just that, and those that don't could, some day. Profits & dividends is where your analogy falls apart.  But let's take it further.  Consider: If baseball cards could somehow yield a regular stream of income just for owning them, then there might be yet another group of people, call them the Daves.  These Daves I know are the kind of people that would like to own baseball cards over the long term just for their income-producing capability.  Daves would seek out the cards with the best chance of producing and growing a reliable income stream.  They wouldn't necessarily care about being able to flip a card at an inflated price to a Bob, but they might take advantage of inflated prices once in a while. Heck, even some of the Steves would enjoy this income while they waited for the eventual capital gain made by selling to a Bob at a higher price.  Plus, the Steves could also sell their cards to Daves, not just Bobs.  Daves would be willing to pay more for a card based on its income stream: how reliable it is, how high it is, how fast it grows, and where it is relative to market interest rates.  A card with a good income stream might even have more value to a Dave than to a Bob, because a Dave doesn't care as much about the popularity of the player. Addendum regarding your comment: I suppose I'm still struggling with the best way to present my   question. I understand that companies differ in this aspect in that   they produce value. But if stockholders cannot simply claim a   percentage of a company's value equal to their share, then the fact   that companies produce value seems irrelevant to the \"\"Bobs\"\". You're right \u2013 stockholders can't simply claim their percentage of a company's assets. Rather, shareholders vote in a board of directors.  The board of directors can decide whether or not to issue dividends or buy back shares, each of which puts money back in your pocket.  A board could even decide to dissolve the company and distribute the net assets (after paying debts and dissolution costs) to the shareholders \u2013 but this is seldom done because there's often more profit in remaining a going concern. I think perhaps what you are getting hung up on is the idea that a small shareholder can't command the company to give net assets in exchange for shares.  Instead, generally speaking, a company runs somewhat like a democracy \u2013 but it's each share that gets a vote, not each shareholder. Since you can't redeem your shares back to the company on demand, there exists a secondary market \u2013 the stock market \u2013 where somebody else is willing to take over your investment based on what they perceive the value of your shares to be \u2013 and that market value is often different from the underlying \"\"book value\"\" per share.\""}
{"_id": "344143", "title": "", "text": "\"Sears could be saved with the right outside consultancy. A system can not \"\"see itself,\"\" therefore it can not fix itself. It will take an outside view and an impartial, critical analysis. It would take a decade maybe but could happen. A new style of management must take place.   Eddie, are you listening?\""}
{"_id": "344165", "title": "", "text": "\"Banks use the money for productive pursuits, earning returns in excess of what they will owe the fed in discount interest. If a bank could not yield a return greater than their interest due their lender (whether that lender is the fed or not) they probably wouldn't borrow in the first place. EDIT: I misunderstood the question. The federal reserve does not disseminate new money by making loans. They do so by issuing and trading in bonds. The US Treasury, for example, issues a bond. The Federal Reserve Bank buys this bond using money they \"\"printed\"\". So the same question applies.... where does the money come from to pay the interest on the bond? It comes from the perpetual issuance and trading in bonds at a growing rate. All the fed needs to do is to buy bonds at a rate faster than they collect interest.\""}
{"_id": "344170", "title": "", "text": "The funny thing is, Walmart's prices aren't even that great. I guess if it is the only store in town, you have no choice, but I almost never buy any food at Walmart unless I need a 'convenience' item."}
{"_id": "344175", "title": "", "text": "The benefit of a dividend reinvestment program is you, generally, don't pay transaction costs or commissions and you don't have to remember to do it.  Whether or not you may be able to eek out a little more by managing this yourself is a crapshoot and the equivalent of timing the market.   If you're so good at timing the market you shouldn't even be holding the stock, you should be buying and selling as the price fluctuates."}
{"_id": "344184", "title": "", "text": "I buy all my casual shoes off the originals line. I also like options in the color of the shoes. Foot Locker will have max 5 color options, the adidas website has hundreds. No surprise that people are going right to the source."}
{"_id": "344186", "title": "", "text": "There are multiple ways of determining the value of an inherited property. If you aren't planning on selling it, then the best way would be to have a real estate agent do a comp on the property (or multiple real estate agents)."}
{"_id": "344203", "title": "", "text": "A) The Credit Rating Agencies only look at the month-end totals that are on your credit card, as this is all they ever get from the issuing bank. So a higher usage frequency as described would not make any direct difference to your credit rating. B) The issuing bank will know if you use the credit with the higher frequency, but it probably has little effect on your limit. Typically, after two to three month, they reevaluate your credit limit, and it could go up considerably if you never overdrew (and at this time, it could indirectly positively affect your credit rating). You could consider calling the issuing bank after two month and try to explain the history a bit and get them to increase the limit, but that only makes sense if your credit score has recovered. Your business paperwork could go a long way to convince someone, if you do so well now. C) If your credit rating is still bad, you need to find out why. It should have normalized to a medium range with the bad historic issues dropped."}
{"_id": "344206", "title": "", "text": "I am a firm believer in the idea of limiting debt as much as possible.  I would not recommend borrowing money for anything other than a reasonably sized mortgage.  As a result, my recommendations are going to be geared toward that goal. The top priorities for me, then, would be to make sure, first, that we don't have to go further into debt, and second, that we eliminate the debt that we already have as soon as possible. Here is how I would rate your list: A small emergency fund, perhaps $1000 USD, is going to ensure that, while you are funding other things, you don't end up so cash poor that, if something unexpected and urgent comes up, you are forced to add to your credit card debt.  Make this small fund your top priority, and it shouldn't take much more than a month or two to do it. Getting out of debt is important, but if your employer hands out free money, you have to take it.  It is just too good of a deal. Get rid of this debt as fast as possible.  When you are done, you'll have more income available to you than you've ever had before. Now that you have just gotten done eliminating your debt as fast as possible, don't stop there.  Take the income you had been throwing at your debt, and build up your emergency fund to a few months' worth of your expenses.  Finishing this fund up will enable you to withstand a small crisis without borrowing anything. You are now in a very strong position financially, and can confidently invest.  Deciding which type of retirement account is best for you depends on the details of your situation. Once you are contributing a healthy amount to your retirement funds, you may want to consider paying off your mortgage early. As I said before, I recommend getting down to the last step as quickly as possible.  Depending on how much debt you actually have, if you sacrifice for a year or two you could be debt free and in a position to keep all of your investment gains.  If you take your time paying off debt, like many people do, you could find yourself 10 years from now still making payments on your loans, still making car payments, and still needlessly sending interest to the banks, eating away at the gains you are making in your investments. If you aren't committed to eliminating your debt quickly, and plan on having payments for a long time, then skip this advice and put retirement savings at the top."}
{"_id": "344220", "title": "", "text": "If you are calculating: keep in mind that company A probably also sells washers, dryers, stoves, dish washers.... Each of which has their own market size. Also remember that people pay X times the value of earnings per share, so the value depends not on sales but on earnings, and expected growth."}
{"_id": "344227", "title": "", "text": "Looks like Cracked is taking money form the Hotel lobby which has been out to kill AirBnB for a long time. This is perfect example of a native advertisement concealed  as hit piece. Cracked should be ashamed of themselves. Do you know how many dead bodies have been found in Hotel Rooms? Do you know how much crazy sh-- happens in hotel rooms? And you're going to fault AirBnB for a few cases that aren't their fault anyway? For ---- sake!   AirBnB has made it possible for millions to travel the globe without having to pay expensive hotel rates. I love AirBnB. Use it all year round.   F--- hotels, and ---- native ads disguised as hipster journalism."}
{"_id": "344234", "title": "", "text": "\"Check to see if you can do this at this point. When I was refinancing the mortgage on my last house, I put a sizable \"\"extra\"\" chunk down like you're planning to do, but the amount of the loan had already gone through the processing (for lack of a more specific term).  My extra money went toward principal, but my payment was still the same as if I hadn't put any extra down. If you find out that it's too far along in the process, not to worry: extra emergency fund isn't a bad thing to have.\""}
{"_id": "344236", "title": "", "text": "\"A few practical thoughts: A practical thing that helps me immensely not to loose important paperwork (such as bank statements, bills, payroll statement, all those statements you need for filing tax return, ...) is: In addition to the folder (Aktenordner) where the statements ultimately need to go I use a H\u00e4ngeregistratur. There are also standing instead of hanging varieties of the same idea (may be less expensive if you buy them new - I got most of mine used): you have easy-to-add-to folders where you can just throw in e.g. the bank statement when it arrives. This way I give the statement a preliminary scan for anything that is obviously grossly wrong and throw it into the respective folder (H\u00e4ngetasche). Every once in a while I take care of all my book-keeping, punch the statements, file them in the Aktenordner and enter them into the software. I used to hate and never do the filing when I tried to use Aktenordner only. I recently learned that it is well known that Aktenordner and Schnellhefter are very time consuming if you have paperwork arriving one sheet at a time. I've tried different accounting software (being somewhat on the nerdy side, I use gnucash), including some phone apps.  Personally, I didn't like the phone apps I tried - IMHO it takes too much time to enter things, so I tend to forget it. I'm much better at asking for a sales receipt (Kassenzettel) everywhere and sticking them into a calendar at home (I also note cash payments for which I don't have a receipt as far as I recall them - the forgotten ones = difference ends up in category \"\"hobby\"\" as they are mostly the beer or coke after sports). I was also to impatient for the cloud/online solutions I tried (I use one for business, as there the archiving is guaranteed to be according to the legal requirements - but it really takes far more time than entering the records in gnucash).\""}
{"_id": "344244", "title": "", "text": "I am sure everyone is different, but it has helped me a great deal. I have had several card balances go up and the interest on those per month was more than $200 in just interest combined.  I transferred the balances over to 0% for 15 months \u2013 with a fee, so the upfront cost was about $300. However, over the next 15 months at 0% I'm saving over $200 each month.  Now I have the money to pay everything off at 14 months. I will not be paying any interest after that, and I cut up all of my cards so I won't rack up the bills with interest on them anymore. Now, if I can't buy it with a debit card or cash, I don't get it.  My cards went up so high after remodeling a home so they were justified. It wasn't because I didn't pay attention to what I could afford.  My brother, on the other hand, has trouble using credit cards properly and this doesn't work for him."}
{"_id": "344259", "title": "", "text": "Do you need assistance picking out the paint for your next paint job? We are known as some of the best painters in Vancouver, and we can help you to sort out your options so that you can determine exactly what you need to do in order to stay ahead of whatever you\u2019re taking care of. Contact us today for more information. http://barwickpainting.com/contact-us/"}
{"_id": "344267", "title": "", "text": "There were quite a few pre reqs before I could even take my first finance course. Because the first finance course included statistics and accounting. So you\u2019d have a little bit of time to make a decision(at least at my university)"}
{"_id": "344269", "title": "", "text": "In international transfers there are quite a few charges that come into picture. 1. Your Bank's charges, you mentioned its GBP 20. 2. The Fx conversion margin. So your GBP 317.90 became 500 AUD 3. The Charges of St. George's. Normally it is recovered from Beneficiary. Typically it would show up as 2 entries, one credit for AUD 500 and second a debit. Typically in the range of AUD 10 to 25.   However incaes of return, St George will deduct 2 charges from AUD 500; - The Original Charges for transfer that it would have recovered from Beneficiary. - Additional Return charges, again in the range of AUD 10 to 20. Thus the amount they would have sent back to your Bank would be less than AUD 500. Your Bank would have converted and possibly again charged you a return fee.   Since these are cross border payments there is no regulation and Bank are free to charge as they please and at time do charge excess. What you can do is disptue with the Bank on the points that; - The Beneficiary account was not closed, and its a deficiency of service. - Request for an itemized statement as to what was the amount returned by St George."}
{"_id": "344283", "title": "", "text": "\"While @JB's \"\"yes\"\" is correct, a few more points to consider: There is no tax penalty for withdrawing any time from a taxable investment, that is, one not using specific tax protections like 401k/IRA or ESA or HSA. But you do pay tax on any income or gain distributions you receive from a taxable investment in a fund (except interest on tax-exempt aka \"\"municipal\"\" bonds),  and any net capital gains you realize when selling (or technically redeeming for non-ETF funds). Just like you do for dividends and interest and gains on non-fund taxable investments. Many funds have a sales charge or \"\"load\"\" which means you will very likely lose money if you sell quickly typically within at least several months and usually a year or more, and even some no-load funds, to discourage rapid trading that makes their management more difficult (and costly), have a \"\"contingent sales charge\"\" if you sell after less than a stated period like 3 months or 6 months.  For funds that largely or entirely invest in equities or longer term bonds, the share value/price is practically certain to fluctuate up and down, and if you sell during a \"\"down\"\" period you will lose money; if \"\"liquid\"\" means you want to take out money anytime without waiting for the market to move, you might want funds focussing on short-term bonds, especially government bonds, and \"\"money market\"\" funds which hold only very short bonds (usually duration under 90 days), which have much more stable prices (but lower returns over the longer term).\""}
{"_id": "344290", "title": "", "text": "foreign income, transfer it to my savings account in India  Yes you can transfer to India. The right account would be NRO/NRE. As an NRI one should not hold a regular savings account. forum that foreign income is not taxable unless used to buy stocks, fds etc If you are an NRI, income earned outside of India is not taxable in India. However any income you generate in India is taxable, i.e. interest income, gains from shares etc. Do we need to pay taxes for the money transferred No tax if you are an NRI even if you transfer funds to India. Taxation does not depend on whether or not you transfer the money, it depends on your status used to pay home EMIs or principle amount? You can use the money for what ever you like."}
{"_id": "344295", "title": "", "text": "Get the fabulous collection of essential oil diffuser necklace, these necklaces give you amazing look and very comfortable. We give you a large stock of jewelry at the very lowest price which is very unique and different all of those online sellers in USA. Specially, we have an experience team that is always searches a high quality  material jewelry. The Izzy Bell Boutique is very honest whole seller of essential oil diffuser jewelry in the united states country. Actually, we give a unique and latest design in every essential oil diffuser jewelry.  This company mainly does the business of different type women\u2019s necklace and pendants making jewelry. The essential oil diffuser necklace gives you a unique look, if you want to come a perfect place which can give you best aromatherapy jewelry. Then for that we available here in this country to fulfill your requirement."}
{"_id": "344332", "title": "", "text": "Buying capital assets doesn't immediatley reduce a company's profits. They can get allowances for it but the assets are written down over a number of years   Edit: two comments below mine were deleted which fairly called me out for amazon's high capital investment policy to which I reaponded:  Fine I've had a few drinks. All I meant was capital doesn't directly reduce profits in most instances. Large investments like amazon would. You are right. But for Joe bloggs limited it doesn't. I had in mind the accountant the movie where one line Affleck says confuses capital and revenue and it stuck with me that a lot of people thought this. Didn't mean to have a go."}
{"_id": "344335", "title": "", "text": "Taxes Yes. You haven't indicated why the transfer is being made. If it is without any reason, it would attract a Gift Tax. legal liability It would definitely be investigated to see if Money Laundering or any other illegal activities is happening. If things are in order you have nothing to worry. charges  Normally none. Your Bank can confirm better. friend of mine Are you sure he is a friend and this is not some kind of scam ... it typically starts of with you will get huge money and then calls like its stuck with RBI you need to paysome one to fast track or any such stories to get money out of you."}
{"_id": "344340", "title": "", "text": "\"(I'm assuming USA tax code as this is untagged) As the comments above suggest there is no \"\"right\"\" answer or easy formula.  The main issue is that you likely got into business to make money and if you make money consistently you will pay taxes.  Reinvesting generally should be a business decision where the main concern is revenue growth and taxes are an important but secondary concern. Taxes can be complicated, but for a small LLC shouldn't be that bad.  I highly recommend that you take some time closely analyze your business and personal taxes for the previous year.  Once you understand the problem better, you can optimize around it.  If it is a big concern, some companies buy software so they can estimate their taxes periodically through the year and make better decisions.\""}
{"_id": "344372", "title": "", "text": "I like C. Ross and MrChrister's advice to not be heavily weighted in one stock over the long run, especially the stock of your employer.  I'll add this: One thing you really ought to find out \u2013 and this is where your tax advisor is likely able to help \u2013 is whether your company's stock options plan use qualified incentive stock options (ISO) or non-qualified stock options (NQO or NSO).  See Wikipedia - Incentive stock option for details. From my understanding, only if your plan is a qualified (or statutory) ISO and you hold the shares for at least 1 year of the date of exercise and 2 years from the date of the option grant could your gain be considered a long-term capital gain. As opposed to: if your options are non-qualified, then your gain may be considered ordinary income no matter how long you wait \u2013 in which case there's no tax benefit to waiting to cash out. In terms of hedging the risk if you do choose to hold long, here are some ideas: Sell just enough stock at exercise (i.e. taking some tax hit up front) to at least recover your principal, so your original money is no longer at risk, or If your company has publicly listed options \u2013 which is unlikely, if they are very small \u2013 then you could purchase put options to insure against losses in your stock.  Try a symbol lookup at the CBOE. Note: Hedging with put options is an advanced strategy and I suggest you learn more and seek advice from a pro if you want to consider this route.  You'll also need to find out if there are restrictions on trading your employer's public stock or options \u2013 many companies have restrictions or black-out periods on employee trading, especially for people who have inside knowledge."}
{"_id": "344378", "title": "", "text": "Insurance rates are about assessing risk.  If the insurer has no way to reliably and easily assess usage, they will not reduce the premiums.  Many companies are providing tracking devices that connect to the OBD-II port. This not only tracks actual miles driven, but can typically track aggressive driving, time of day, length of trips, and other information. Unless you are using this kind of device to give the insurer actionable feedback on your driving habits, do not expect any discounts for mileage or usage."}
{"_id": "344379", "title": "", "text": "In the majority of markets without the population density to support hailed cabs, you call the company for a ride (more commonly known as limo service). There's really no difference between that and using an app. I've never liked the differentiation between hailing and calling for a cab."}
{"_id": "344380", "title": "", "text": "Ask your accountant about convertable preference shares.  This would permit you to loan money to your company and then convert the debt to equity, should you so choose, at a later stage.  As with the answer by bstpierre, these are all contractual arrangements conducted at arms-length."}
{"_id": "344384", "title": "", "text": "I had a joint account at Chase, and each of us had own on-line login, and could access the account (each of us also had non-joint accounts in Chase, and with the same login we already had we could access the joint accounts, but not the other's non-joint accounts). It seems like your bank is really backwards on this, change the bank. By the way, in joint accounts you have the option of requiring both partners to sign on every document, so that every check or order you write will only be valid with both of your signatures. I don't know if that's what you need, but some may want that (it is quite uncomfortable, IMHO)."}
{"_id": "344386", "title": "", "text": "Remember, the card company gets a percentage at the time of purchase, as well as any interest you let them collect from you. Yes, they're still making a profit on our accounts, and they can always hope that at some point we'll run up a high enough bill to be willing to pay some interest. They may kill completely inactive cards, since they need a bit of income to pay for processing the account. But if you're actively using it, they aren't very likely to tell you to go away (though they may change which plan(s) they offer you)."}
{"_id": "344398", "title": "", "text": "\"Question is, what do we need to do as far as the IRS is concerned? I   mean we'll get the money from them and pay it back less than two   months later. You're probably worried about the gift tax. Since you're a couple, the maximum exclusion amount is calculated like this: The reason the Pg multiplier stands separate is that gift splitting does require form 709 filed even if no tax is due, unless they actually write separate checks for their respective portions. So the math shows that you and your wife can get at least $28K from anyone without the need of gift tax to be paid or gift tax return to be filed. You can get up to $56K from your parents, but the gift splitting may need to be documented on form 709. Since you're in fact talking about a loan you're going to repay, you'll need to document it (with a note and everything), and document the repayment. If interest is being paid - your parents must declare it on their tax return for the year, obviously. In this case, if the loan is properly documented, repaid and the interest is declared, the IRS won't even bother claiming it was a gift. Even if there's no real interest, it shouldn't be an issue (the IRS might assign some \"\"deemed\"\" interest at their rates that would be considered a gift, but assuming no other gift transactions between you exist for the year the amount would be miniscule and way below the $14K exclusion level). Of course, as with any tax concern, you get here what you paid for. For a proper advice talk to a tax adviser (EA/CPA) licensed in your State.\""}
{"_id": "344415", "title": "", "text": "\"I don't agree with your \"\"the efficiency argument is really null, if you consider a gift economy\"\", but I upvoted because your post delivers interesting point of view.  Gift economy maybe good at keeping people alive and maybe even happy. But as harsh as it sound the efficiency here is about organizing production, not about keeping people alive.\""}
{"_id": "344438", "title": "", "text": "This only indirectly answer your question, but Schwab investor checking account has no fee, no minimum balance, and will reimburse all ATM fee (inside and outside the US)"}
{"_id": "344473", "title": "", "text": "I recently made the switch to keeping track of my finance (Because I found an app that does almost everything for me). Before, my situation was fairly simple: I was unable to come up with a clear picture of how much I was spending vs saving (altho I had a rough idea). Now I here is what it changes: What I can do now: Is it useful ? Since I don't actually need to save more than I do (I am already saving 60-75% of my income), 1) isn't important. Since I don't have any visibility on my personal situation within a few years, 2) and 3) are not important. Conclusion: Since I don't actually spend any time building theses informations I am happy to use this app. It's kind of fun. If I did'nt had that tool... It would be a waste of time for me. Depends on your situation ? Nb: the app is Moneytree. Works only in Japan."}
{"_id": "344508", "title": "", "text": "Operationally they wouldn't be too bad off if not for their debt. With declining sales and powerful competitors, they lack the cash flow to both compete and pay off their debt as it matures and while they've been able to refinance so far the doom and gloom outlook that some investors have right now on retailers makes it harder. If they could restructure they would come out in pretty decent shape though."}
{"_id": "344511", "title": "", "text": "\u201cBurt Malkiel is still the high priest of passive investing,\u201d said Jakub Jurek, vice president for research at Wealthfront. \u201cTo be absolutely clear, we\u2019re not stock pickers. There are decades of research on active investors, which show they underperform.\u201d   So ... not really straying, just promoting a somewhat more sophisticated model based on algos (robo-investors?)"}
{"_id": "344520", "title": "", "text": "Waking up early is not a conscious process, it is a process controlled by your sub-conscious mind. Thus simply using will power of the conscious mind wont help, you must program your sub-conscious mind to wake up early. If right now you are facing problems in getting up early that\u2019s because your sub-conscious mind is programed to get up late thus your conscious mind struggles in the morning. https://www.miteshkhatri.com/how-to-wake-up-early/"}
{"_id": "344526", "title": "", "text": "Rolling a 401(k) to an IRA should be your default best option. Rolling a 401(k) to another 401(k) is rarely the best option, but that does happen.  I've done it once when I started a job at a company that had a great 401(k) with a good selection of low-cost mutual funds. I rolled the 401(k) from one previous job in to this 401(k) to take advantage of it.  In all other cases, I rolled 401(k)s from previous jobs to my Rollover IRA, which gave me the most freedom of investment options. Finally, with 401(k)-to-Roth IRA rollovers, it's important to decouple two concepts so you can analyze it as a sum of two transactions:"}
{"_id": "344530", "title": "", "text": "In Massachusetts, we have a similar law. Each tenant fills out a W9 and the account is in their name. You need to find a bank willing to do this at  no cost, else fees can be problematic. With today's rates, any fee at all will exceed interest earned."}
{"_id": "344544", "title": "", "text": "When I said that unbundling is a good thing for consumers, I was implicitly assuming that the market is competitive. For example, consider how the unbundling of various services in the airline industry has made air travel much more affordable. I think that the same can happen in the telecom industry.   I agree with you that if the telecom industry is oligopolistic then the customer can get screwed, but this can happen whether services are bundled or unbundled. Oligopolies are bad for the customer in general."}
{"_id": "344573", "title": "", "text": "Honestly, the best way to manage this risk is to manage your savings appropriately. Many experts recommend that maintain a reasonably liquid account with 6-9x your minimum monthly expenses for just this occurrence. I know, easier said than done. Right? As for insurance, I can only speak for what is the case in the US. Here, most mortgages will require you to get PMI insurance until you have at least 20% equity in your house. However, that insurance only protects the BANK from losing money if you can't pay. It doesn't save you from foreclosure or ruining your credit.  Really, the type of insurance you are talking about is Unemployment insurance which all states in the US make available to workers via deductions from their paycheck.  The best advice, I suppose, is to keep your expenses low enough to cover them with an unemployment check until you have accumulated enough savings to get through a rough patch. That may mean buying a less expensive home, or just waiting until you have saved a bigger down payment. If you didn't plan ahead, and you are already in the house, another option might be to extend your mortgage. For example from a 20 to a 30 year to reduce your payments to a manageable level. A more risky option might be to convert to a variable rate loan temporarily, which typically carries a lower interest rate. However, it might be hard to secure a new loan if you don't currently have an income."}
{"_id": "344583", "title": "", "text": "Basic economics in no way guarantees that you can distort the market at will and suffer no ill effects. Really it says just the opposite.  That may be left wing propaganda that you have confused with basic economics.  A livable salary, being far more than $15/hour for many, is an even worse idea."}
{"_id": "344590", "title": "", "text": "You can go to Goodwill or a used book store in town and find a college level textbook  Economics courses are usually broken down into General Econ, Micro Econ and Macro Econ...  after those you can into more focus aspects of economics like Economies of Scale and history..  You can look up more about opportunity costs, supply and demand, guns and butter.. that's what I remember from my General Econ courses.   --- Also, this sub doesn't really have anything to do with Economics as far as academics goes.  It's more about the current events of economic policy."}
{"_id": "344596", "title": "", "text": "I got sucked into working with a tech company when I was striving to be an Investment banker in San Francisco.   I can't stress enough how much better I have it now working with a great tech company, with great pay, flexible hours and great vacation time.   But i'll admit, sometimes it feels like we're in our own little flourishing world."}
{"_id": "344604", "title": "", "text": "We provide addiction recovery program both group and individual therapy in the world. We focus on relapse prevention, healthy coping skills, and communication skills needed for successful recovery. If you want to leave the addiction, then you can visit our Drug abuse treatment center. We provide the best drug and alcohol treatment service. Our all experienced staff help patients reduce drug seeking and related criminal behavior and help them become more open to behavioral treatments."}
{"_id": "344641", "title": "", "text": "She said he's been in business for 3 years and I've Googled it and found it to be accurate from the paperwork I've seen that's public knowledge. I know this isn't a get-rich-quick thing bc hard work and money went into making and building not only a business but a brand as well. Brand building is a lot harder than business building. Anyone can get a loan with decent enough credit and open up a shop: it's keeping people coming in that is the hard part. I understand all areas of this business except for the growing part. I've never known how to grow weed or the technicalities it takes to maintain healthy plants and things. I'm just looking to invest in something I believe in because weed shouldn't be illegal and the medicinal reports state that it's far from a gateway drug or anything of the sort. I do wanna thank you for (so far) being the nicest reply to my post. We seem to have some haters and naysayers on here who like to just start shit and while you may find it hard to believe that I'm trying to just get rich, that simply isn't the case. I believe her and I believe in her so I know what she's trying to do is all legit"}
{"_id": "344648", "title": "", "text": "You can't \u00a0  Your problem is that no one will value you new currency call it bytecoin. People will ask why is the bytecoin worth anything and you don't have an answer. You employees will have worthless currency and be effectively making under minimum wage.   Its the same as if you printed Charles dollars with your face instead of George Washington, no one would take them for real money or be willing to trade them for services or food. Bitcoin's basis of value is that many people will trade real services or other currencies for it, but it took decades for this willingness to use bitcoin to build, and mostly because of the useful features of bitcoin, it can protect anonymity is easy to transfer world wide and many more. Even with those features the value of bitcoin is very volatile and unreliablie because it lacks backing. How many decades are your employees willing to wait, what amazing new features will you nontechnical staff add that bitcoin lacks?"}
{"_id": "344662", "title": "", "text": "The other factor in increasing disability claims is that during an up economy, someone with a disability can probably get a job doing what little they are able to.  Go through a down turn, and no employer is going to hire a worker that has a known disability that might in any way limit their productivity.  So having a disability can go from having a lower paid job, to having no job and no chance of getting one."}
{"_id": "344698", "title": "", "text": "It sounds like they are matching your IRA contribution dollar for dollar up to 1% of your salary. Think of that as an instant 100% yield on your investment. (Your money instantly doubles.) My 401(k) has been doing pretty well over the last year, but it will take several years before my money doubles.  So you can let it sit in cash for a year, then take some pretty hefty fees and you will probably still come out ahead. (Of course it's hard to say without knowing all of the fees.)"}
{"_id": "344740", "title": "", "text": "\"Buying now with a mortgage gets you: Waiting to buy with all cash gets you: These are also some of the pros or cons for the rent or buy dilemma that Paul mentioned in comments to the OP. This is a very complex, multi-faceted question, that would not respond well to being put into any equation or financial model. Most people answer the question with \"\"buy the home now with a mortgage\"\" if they can pay for the down payment. This is why the mortgage industry exists. The people who would want to finance now rather than buy with all cash later would not only be analyzing the question in terms of financial health but also in terms of general well being. They might consider the tremendous pride that comes with home ownership and living under a roof of one's own. Who can say that those people are wrong?\""}
{"_id": "344753", "title": "", "text": "i will not calculate it for you but just calculate the discounted cash flow (by dividing with 1.1 / 1.1^2 / 1.1^3   ...)of each single exercise as stated and deduct the 12.000 of the above sum.  in the end compare which has the highest npv"}
{"_id": "344758", "title": "", "text": "Here is another choice I like, iShares JPMorgan USD Emerging Markets Bond (EMB) Here is the world ETFs"}
{"_id": "344780", "title": "", "text": "\"Should is a very \"\"strong\"\" word. You do what makes most sense to you. Should I be making a single account for Person and crediting / debiting that account? You can do that. Should I be creating a loan for Person? And if so, would I make a new   loan each month or would I keep all of the loans in one account? You can create a loan account (your asset), you don't need to create a new account every time - just change the balance of the existing one. That's essentially the implementation of the first way (\"\"making a single account for a Person\"\"). How do I show the money moving from my checking account to Company and   then to Person's loan? You make the payment to Company from your Checking, and you adjust the loan amount to Person from Equity for the same amount. When the Person pays - you clear the loan balance and adjust the Checking balance accordingly. This keeps your balance intact for the whole time (i.e.: your total balance sheet doesn't change, money moves from line to line internally but the totals remain the same). This is the proper trail you're looking for. How do I (or should I even) show the money being reimbursed from the   expense? You shouldn't. Company is your expense. Payment by the Person is your income. They net out to zero (unless you charge interest). Do I debit the expense at any point? Of course. Company is your expense account. Should I not concern myself with the source of a loan / repayment and   instead just increase the size of the loan? Yes. See above.\""}
{"_id": "344783", "title": "", "text": "\"There are some good answers about the benefits of diversification, but I'm going to go into what is going on mathematically with what you are attempting. I was always under the assumption that as long as two securities are less than perfectly correlated (i.e. 1), that the standard deviation/risk would be less than if I had put 100% into either of the securities. While there does exist a minimum variance portfolio that is a combination of the two with lower vol than 100% of either individually, this portfolio is not necessarily the portfolio with highest utility under your metric.  Your metric includes returns not just volatility/variance so the different returns bias the result away from the min-vol portfolio. Using the utility function: E[x] - .5*A*sig^2 results in the highest utility of 100% VTSAX. So here the Sharpe ratio (risk adjusted return) of the U.S. portfolio is so much higher than the international portfolio over the period tracked that the loss of returns from adding more international stocks outweigh the lower risk that you would get from both just adding the lower vol international stocks and the diversification effects from having a correlation less than one. The key point in the above is \"\"over the period tracked\"\".  When you do this type of analysis you implicitly assume that the returns/risk observed in the past will be similar to the returns/risk in the future.   Certainly, if you had invested 100% in the U.S. recently you would have done better than investing in a mix of US/Intl.  However, while the risk and correlations of assets can be (somewhat) stable over time relative returns can vary wildly! This uncertainty of future returns is why most people use a diversified portfolio of assets.  What is the exact right amount is a very hard question though.\""}
{"_id": "344799", "title": "", "text": "Helps being born rich, born with access to money, being born white and male and in the first world.  Also helps having a police force to protect you, etc, and a military to defend your profits.  Anyhow, you feel free to lick that boss ass all day long.  Enjoy your meal."}
{"_id": "344812", "title": "", "text": "Anytime you borrow money at that rate, you are getting ripped off.   One way to rectify this situation is to pay the car off as soon as possible.  You can probably get a second job that makes $1000 per month.  If so you will be done in 4 months.    Do that and you will pay less than $300 in interest.  It is a small price to pay for an important lesson. While you can save some money refinancing, working and paying the loan off is, in my opinion a better option.  Even if you can get the rate down to 12%, you are still giving too much money to banks."}
{"_id": "344820", "title": "", "text": "Im a mountains and streams guy myself, although jobs tend to demand living in city. That is why i got a place close enough to get away from it all, yet close enough to make a living.   &gt;But anyway, going back to the GP, he said he has never visited Las Vegas and he hates it. That's lame. You should experience something before you hate it.  Agreed!!!!!"}
{"_id": "344838", "title": "", "text": "I shrug...if you're selling high quality products, this won't be a problem for you. If you're selling garbage, well, take it to Ebay.   The reality is they're competing with Wal-Mart who's the rent-a-center of returns. This lines them up brick and mortar policy now."}
{"_id": "344854", "title": "", "text": "Are you looking for the most trendy &amp; stylish jewelry for your kids, look no further than Chanteur. We have gorgeous white and yellow gold necklaces for tweens, teenage bangles and girls charm bracelet in unique designs she'll love."}
{"_id": "344859", "title": "", "text": "You'll be taxed when you sell the house, but not before that (or if you do some other transaction that realizes the gain, talk to your real estate attorney or accountant for more details). A Home Equity line-of-credit is simply a secured loan: it's a loan, conditioned on if you fail to pay it back, they have a lien on your house (and may be able to force you to sell it to pay the loan back)."}
{"_id": "344888", "title": "", "text": "The same thing happened to me when I worked retail during my college years. I agree that it is unfair however, it is what it is. With that being said, there may be several factors that you should consider: the new employees might have more experience or qualifications then you, your work performance based on your manager's perspective, and like in my situation when I worked retail, I started out as a cashier which get paid less than sales associates but when I moved to a sales associate position I still got paid less and when I got my raise I got the same pay a new sales associate would get. I suggest you suck it up and ride it through until you get a real job because in retail, in my opinion, you are expendable, if you don't like their pay they will find someone else."}
{"_id": "344893", "title": "", "text": "\"I mean, honestly, what kind of weird insular bubble do you have to live in to take that seriously?   I know a lot of people that work at Microsoft or worked there over the last 15 years, and for much of that time Microsoft's culture was all about ignoring everything else that was happening around them and assuming that they were the only company/ecosystem that mattered, because they \"\"won\"\" during the 90s. This should have been a huge red flag to anyone that cared about the future of the company.\""}
{"_id": "344914", "title": "", "text": "Problems do not arise from small individual acts of kindness. Problems arise when you attempt to construct a government and a society around false economic morality.  People very successfully navigate their own internal altruism and greed because they are allowed by society to make the calculation for how much they can give on their own. Once you start mandating altruism, all bets are off.  You mean they aren't paid to build monuments or do science? You mean scientists don't earn patents for their work? You mean science in general has no selfish commercial motive?  What a load of crap, dude. There are plenty of self motivated individualistic rationalizations for someone to work in cooperation with others. Namely, pay."}
{"_id": "344918", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://thinkglobalmacro.com/big-read-huge-implications/) reduced by 90%. (I'm a bot) ***** &gt; Failure to recognize that technological deflation mandates permanent and ever-rising central bank monetary expansion that can and should gradually become the primary source of government spending will precipitate a major financial crisis starting as soon as 2017.  &gt; Monetary expansion has to rise at a compounded rate of 16-24% a year, possibly higher, to offset technological deflation and keep the Wu-Xia Shadow Rate in step with the size of the deflationary force.  &gt; Federal income taxes can be phased out gradually and systematically, with all Federal government spending covered by monetary expansion, which itself is mostly the DUES. This sort of reform taking current levels of technological progress and the associated deflation into account to create tax, monetary, and regulatory policies far more favorable to entrepreneurship transcends both socialism and capitalism.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejb80/singularity_economics_please_read_and_consider/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133508 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **monetary**^#1 **expansion**^#2 **technological**^#3 **deflation**^#4 **rate**^#5\""}
{"_id": "344922", "title": "", "text": "But its not spare capacity. Lots of AirBNB owners are renting tons of properties, making scarcity worse.  Case in point, it can cost $50-$100 per person to AirBNB a bed for a night. That means anywhere less than $1,500 is good for profit making. It's even better when they rent out beds, which means they'll stack a room in a large house with 3 beds each. I've been to AirBNB locations where 14 people were individually renting. AirBNB person rented a dozen properties and spent all day and night cleaning. Pulled in six figures."}
{"_id": "344928", "title": "", "text": "\"Wyoming is a good state for this. It is inexpensive and annual compliance is minimal. Although Delaware has the best advertising campaign, so people know about it, the reality is  that there are over 50 states/jurisdictions in the United States with their own competitive incorporation laws to attract investment (as well as their own legislative bodies that change those laws), so you just have to read the laws to find a state that is favorable for you. What I mean is that whatever Delaware does to get in the news about its easy business laws, has been mimicked and done even better by other states by this point in time. And regarding Delaware's Chancery Court, all other states in the union can also lean on Delaware case law, so this perk is not unique to Delaware. Wyoming is cheaper than Delaware for nominal presence in the United States, requires less information then Delaware, and is also tax free. A \"\"registered agent\"\" can get you set up and you can find one to help you with the address dilemma. This should only cost $99 - $200 over the state fees. An LLC does not need to have an address in the United States, but many registered agents will let you use their address, just ask. Many kinds of businesses still require a bank account for domestic and global trade. Many don't require any financial intermediary any more to receive payments. But if you do need this, then opening a bank account in the United States will be more difficult. Again, the registered agent or lawyer can get a Tax Identification Number for you from the IRS, and this will be necessary to open a US bank account.  But it is more likely that you will need an employee or nominee director in the United States to go in person to a bank and open an account. This person needs to be mentioned in the Operating Agreement or other official form on the incorporation documents. They will simply walk into a bank with your articles of incorporation and operating agreement showing that they are authorized to act on behalf of the entity and open a bank account. They then resign, and this is a private document between the LLC and the employee. But you will be able to receive and accept payments and access the global financial system now. A lot of multinational entities set up subsidiaries in a number of countries this way.\""}
{"_id": "344936", "title": "", "text": "You can pay a lot in that store, but there are very reasonable prices. If you cherry pick sale items TJ's is no more expensive than any other store. Who knows the sales better than the employees? Also, grabbing a few things after work without making another stop is very convenient. Throw in the employee discount and those are definitely good enough reasons for employees to shop at their store."}
{"_id": "344950", "title": "", "text": "There is no magical book that talks about the thousands of investment instrument types that are available ranging from brown fields land up to CDS futures and beyond. In addition to the huge number the depth of understanding ranges from knowing that a security type exists all the way up to being able to mark the instrument to market for illiquid instances of the instrument. I have been in the industry for about six years and have a fair understanding of what I would term the basics of most security types (I cannot, for example, mark to market exotic options) but most of my knowledge has come from using these instruments on a daily basis and Investopedia. The basis of my knowledge has come from the CFA Claritas Investment certificate book when I took that exam (and CFA Level 1 but I'd recommend against reading that unless you are taking the exam) and Paul Wilmott's texts on Quantitative finance; mostly Paul Wilmott on Quantitative Finance 2nd Edition. tl;dr: you can't get a good grounding on all security types ; there are far too many. To get a good grounding in the most used takes a lot of effort, much more than a book will give you."}
{"_id": "344951", "title": "", "text": "Yes, but the point is that a successful person's actions are supplemented by luck.  For every successful person who says they worked hard to get theirs, there's a good number of people who worked just as hard but were not as lucky."}
{"_id": "344955", "title": "", "text": "There are other answers here about how much you can deduct for a home office. What seems unique is the question of whether you can deduct it for both your LLC and for your employment. Unless your LLC owns the home, you cannot deduct the depreciation directly. Instead you have to charge your LLC rent for the time that you are using the space for the LLC. That rent must be declared as income on your personal tax return, and you can then offset some of it with the time you spend in that space working for your employer and depreciation for time it is being rented to your LLC. Using a strategy this complex may save you a few bucks on your return, but this is definitely an area where a tax professional is worth the expense making sure you get it right."}
{"_id": "344989", "title": "", "text": "Well... they could force first time, overseas buyers who aren't citizens or even permanent residents to buy property in the regions or other economically depressed areas.  Look, these people are buying property for two reasons:  1 - boltholers (simply looking for a place to land that will offer them alternative citizenship/residency when cultural revolution 2.0 finally happens or simply looking for somewhere that isn't lung chokingly polluted).  2 - rent seekers (don't trust the two money, internal external, Yuan/Renminbi system to hold value and are seeking something that generates revenue denominated in a current not controlled by the One Party One China system that is outside of the state run banking system)."}
{"_id": "345009", "title": "", "text": "\"To be honest I haven't read any studies but I just left an IT group that \"\"attempted\"\" to operate this way. It did not work, not one bit. It caused a constant waste of time redoing chargeback models that never really got implemented and it created a huge rift between management trying process the hell out of everything and people like me who just wanted to come to work, do a good job, and help our coworkers.\""}
{"_id": "345019", "title": "", "text": "&gt;Lol and a company spending more than they need to on labor is reality?  Why do we have a capitalistic society? Because capitalism is awesome and because it always leads to the best results?  No.  We use capitalism because we have no alternatives that are superior. This of course does not mean it is a flawless system. This twisted notion that 'pure capitalism' somehow will always yield better results than a regulated/controlled capitalism is insane. Unfettered capitalism will unequivocally result endless conglomeration of power until we have a unified class of rich that control everything, much the way China operates.  China operates under the pretenses that it is communist, but the reality is, it's the exact opposite, it is true free market capitalism, and as a result, the government has been completely overtaken by businessmen who then pass laws and control the citizens.  I don't want this to happen in the United States."}
{"_id": "345030", "title": "", "text": "First off, you have done very well to be in your financial position at your age. Congratulations.  I first started investing seriously about 10 years ago, and when I started, I had a similar attitude to you. Learning how to invest is a journey, and it will take you a while to learn both the intellectual and emotional sides of investing. First off, there is nothing wrong with having a chunk of cash that you aren't investing effectively. It is far better to be losing earning power WRT inflation that it is to make a bad investment, where you can lose all your money quite quickly. I have perhaps 15% of my capital just sitting around right now because I don't have any place where I'm excited to put it. For your IRA, I would look at the options you have, and choose one that is reasonably well diversified and has low costs. In most cases, an index fund is a reasonable choice. My 401K goes into an S&P 500 index fund, and I don't have to worry about it. Beyond that, I suggest spending some time learning about investing, and then making some small and conservative investments. I've learned a lot from the Motley Fool web site."}
{"_id": "345032", "title": "", "text": "\"Much more than that.  Last I looked at this, I saw the DJI have fat tails (i.e. non-Gaussian) to the order of hundreds of days.  The effect becomes less pronounced the larger the interval, and the curves show that it becomes more Gaussian.  If you plot the return distributions for 1-day, 2-days, etc, on a semilog plot you end up with curves that look like leftmost figure of figure 1.3 (edit - sorry, I got the figure wrong):  http://fedc.wiwi.hu-berlin.de/xplore/ebooks/html/csa/node235.html  The Gaussian curve on a semilog plot comes out as a parabola, i.e. the black curve.  Non-Gaussian fat tails \"\"fan out\"\" like the green, red and blue plots.  The fanning out occurs even when dealing with returns over a couple of hundred days, but the effect becomes less pronounced, suggesting a convergence to Gaussian.\""}
{"_id": "345039", "title": "", "text": "What?  YOUR reasoning is exactly what you are projecting on me!  You want to give the few people with all the money control over anything they can buy!  &gt;At the very least, the private sector is policed by the government according to the rule of law. Who polices the government when the people no longer have any authority or power over it?  You JUST told me you can\u2019t trust the government to police properly!  Now you want to rely on them policing others?  Doesn\u2019t that logic sound ridiculous?  What I said was: The government\u2019s job is policing.  If they are doing their job wrong, you replace them.  What you are saying is:  I don\u2019t trust the government to police anyone.  So let\u2019s give more power to the financial sector which we already know is immoral and greedy, because the government is policing them.  WTF?!"}
{"_id": "345052", "title": "", "text": "Considered a down payment on a house? Some illiquid assets?  Otherwise you are doing 'responsible' get rich slow (read: get rich old) type things. And this question only invites opinion based answer. You tried futures and don't want to take that kind of risk again with your $50,000, so thats that"}
{"_id": "345070", "title": "", "text": "I am wondering weather it is worth it (how taxation works in this   scenario ect.) or not and legally possible to do so ? Whether it is worth it or not is up to you. There's nothing illegal in this, unless of course there's a legal issue in the foreign country. The US doesn't care. Re taxes - it is a bit trickier. If your lender does not provide you with form 1098, you'll have to report the lender's name, address and SSN/ITIN on your tax return in order to claim a deduction. The IRS will then expect the lender to report that interest as income. This is US-sourced income and is taxed in the US despite the fact that the lender is non-resident. See here for more info. If the lender doesn't report the income and doesn't pay the taxes - your deduction may be denied as well for double-dipping. It is easier if this is an investment. Then the deduction is not going to Schedule A, but rather as an expense to Schedule E. The IRS may still require matching, but you won't need to report the SSN/ITIN - just have the expense properly documented. Obviously, the best when it comes to legal issues, is to talk to an attorney licensed in the State in question. Similarly with tax questions - you should talk to a EA/CPA licensed in that State. I'm neither."}
{"_id": "345072", "title": "", "text": "It is easier to get the nutrients you need if you do also consume dairy, but it's still tricky to get the quantities your body would naturally get from consuming meat.    https://www.vegetariantimes.com/health-and-nutrition/veg-supplement-guide  And keep in mind these are just the nutrients that we happen to be aware of.  Science doesn't yet know all the many kinds of nutrients that humans may need that we get from eating a variety of foods."}
{"_id": "345082", "title": "", "text": "I resisted the SUV thing for a long time but I got one recently. There's no way to go back. I can finally see in traffic again they way I used to back when there were just normal sized cars on the road.  I do actually believe the government should have set a maximum height for passenger cars so they'd all be mostly the same (a huge safety issue IMO). But that didn't happen so fuck it, I'm in an SUV. Mostly drives like a car  anyway, better ground clearance, the car parks itself, I'm happy. It's like driving a tall car."}
{"_id": "345084", "title": "", "text": "\"Well, \"\"faux healthy\"\" anyway. That burrito ain't doing you no favors...  1,200.0 calories, [source](http://www.sparkpeople.com/calories-in.asp?food=chipotle+burrito)  Truth be told, I will select Chipotle for lunch sometimes, but I never order a burrito. I order vegetarian tacos on corn tortillas with black beans and guacamole. I don't put cheese or cream on it, just any vegetable on the steam table that looks appetizing that day.  And I am not a vegetarian...  TRUE STORY: The last time I did this the two girls filing the order looked absolutely stunned. *NO MEAT?* they asked incredulously. I said yes, generally that's the idea of vegetarian tacos. They still looked stunned. I then inquired: *Am I the first person to ask for black bean tacos with no meat?* They replied in the affirmative, saying they ate black bean tacos at home (they were both immigrants), but *nobody* orders *just* black beans on their tacos...\""}
{"_id": "345091", "title": "", "text": "You should ensure that your broker is a member of the Securities Investor Protection Corporation (SIPC). SIPC protects the cash and securities in your brokerage account much like the Federal Deposit Insurance Corporation (FDIC) protects bank deposits. Securities are protected with a limit of $500,000 USD. Cash is protected with a limit of $250,000 USD. It should be noted that SIPC does not protect investors against loss of value or bad advice. As far as having multiple brokerage accounts for security, I personally don\u2019t think it\u2019s necessary to have multiple accounts for that reason. Depending on account or transaction fees, it might not hurt to have multiple accounts. It can actually be beneficial to have multiple accounts so long as each account serves a purpose in your overall financial plan. For example, I have three brokerage accounts, each of which serves a specific purpose. One provides low cost stock and bond transactions, another provides superior market data, and the third provides low cost mutual fund transactions. If you\u2019re worried about asset security, there are a few things you can do to protect yourself. I would recommend you begin by consulting a qualified financial advisor about your risk profile. You stated that a considerable portion of your total assets are in securities. Depending on your risk profile and the amount of your net worth held in securities, you might be better served by moving your money into lower risk asset classes. I\u2019m not an attorney or a financial advisor. This is not legal advice or financial advice. You can and should consult your own attorney and financial advisor."}
{"_id": "345099", "title": "", "text": "\"Probably not. For your savings to enter an RRSP account, the recipient account must itself be an RRSP (duh! I hear you say). This appears to rule out any UK-based banks as they would not offer this type of account, which appears to be confirmed with a quick Google search returning no useful result for \"\"rrsp uk\"\". According to Income Tax Folio S3-F10-C1, Qualified Investments \u2013 RRSPs, RESPs, RRIFs, RDSPs and TFSAs, an RRSP may include listed securities traded on designated stock exchanges, including the London Stock Exchange. While this enables some possibilities, it is not clear that Canadian banks would offer much in the form of UK RRSPs. Your best bet may be to contact your bank and ask if they offer RRSP services for expats. Here is a list of Canadian banks in the UK. Obviously, this does not mean that they offer the type of service you are looking for (or even that they offer retail services, this may be just a trading office). Finally, if you need to move money from an RRSP to anything other than an RRSP this will trigger the inclusion of the sale proceeds as taxable income in that year.\""}
{"_id": "345122", "title": "", "text": "Second time this has come up this week, but I'd recommend spending a bit of time test-driving [FreshBooks](http://www.freshbooks.com). It might take a bit of time to set up the way you want to use it, but you should be able to figure out whether it'll meet your needs with about 3 or 4 hours of focused testing. Their support people are awesome, too: they can help you figure out which way's up, and I can tell you from experience: they like having happy customers, so they won't try to sell you something that's not really a good fit for your business."}
{"_id": "345127", "title": "", "text": "Thanks for the details. I didn't know that Sony had relaxed their warranties with their current generations of consoles.  Cartridges weren't SSDs like we know today. They used ROMs for storage and battery backed SRAM for saves. There was most likely also no controller in the cartridge itself, but the host CPU accessed the ROM directly.  A lot of storage is called SSDs today when this term is actually only used for SSDs you can buy for PCs and which interface through SATA or PCIe. The storage in most mobile phones and tablets are called SSD for marketing impact, but they are inferior."}
{"_id": "345128", "title": "", "text": "\"&gt;my favorite part by far was the fedora worthy \"\"nonsense, and unworthy of further comment.\"\"   I was mocking the tone of your post. Your whole post sounds like that.  &gt;you're borderline illiterate, and spend too much time on r/libertarian or watching fox news  said like a true berniebro  &gt;\"\"they are rational\"\" - lol  Uhh yeah, in economics rational does not always mean \"\"makes the best decisions in hindsight\"\" it just means the person is making decisions in their self interest.  This is the problem with arguing basic economics with far left liberals, basic economics is so antithetical to your socialist beliefs that you only learn a special sanitized left wing twisted version of economics that assumes that left wing politics is all correct before getting started. It is like someone studying evolution as a creationist.  &gt;literally choke on your MLP figurine you worthless fuck.   And you expose your true ugly self behind your pretentious mask.\""}
{"_id": "345129", "title": "", "text": "Market Capitalization is the equity value of a company. It measures the total value of the shares available for trade in public markets if they were immediately sold at the last traded market price. Some people think it is a measure of a company's net worth, but it can be a misleading for a number of reasons. Share price will be biased toward recent earnings and the Earnings Per Share (EPS) metric. The most recent market price only reflects the lowest price one market participant is willing to sell for and the highest price another market participant is willing to buy for, though in a liquid market it does generally reflect the current consensus. In an imperfect market (for example with a large institutional purchase or sale) prices can diverge widely from the consensus price and when multiplied by outstanding shares, can show a very distorted market capitalization. It is also a misleading number when comparing two companies' market capitalization because while some companies raise the money they need by selling shares on the markets, others might prefer debt financing from private lenders or sell bonds on the market, or some other capital structure. Some companies sell preferred shares or non-voting shares along with the traditional shares that exist. All of these factors have to be considered when valuing a company. Large-cap companies tend to have lower but more stable growth than small cap companies which are still expanding into new markets because of their smaller size."}
{"_id": "345137", "title": "", "text": "If your primary concern is a drop in your credit score, go to a mortgage broker instead of multiple banks and finance companies. Each time you ask a bank or financial institution for a loan, they do a hard pull on your credit rating which costs you a couple of points. Visit a dozen lenders and you'll lose 24 points. You will also be signalling to lenders that you're shopping for money. If you visit a mortgage broker he does a single hard pull on your credit score and offers your loan query to a dozen or more lenders, some of which you may not have even heard of. This costs you 2 points instead of 24. If you are only going to visit one financial institution or another specific one, the drop in credit score is the same couple of points. The above answer only applies if you make loan inquiries at multiple institutions."}
{"_id": "345199", "title": "", "text": "\"Since your 401k/IRA are maxed out and you don't need a 529 for kids, the next step is a plain ol' \"\"Taxable account.\"\" The easiest and most hassle-free would be automatic contributions into a Mutual Fund.  Building on poolie's answer, I think mutual funds are much more automatic/hassle-free than ETFs, so in your case (and with your savings rate), just invest in the Investor (or Admiral) shares of VEU and VTI. Other hassle-free options include I-Bonds ($5k/year), and 5-year CDs.\""}
{"_id": "345217", "title": "", "text": "Right, that's my understanding of the problem too. I tried some of the indices last night (not necessarily the ones you are suggesting), but when pulling them into COMP it only provided the price return, not the total return including coupons. This latter part is still the challenge."}
{"_id": "345219", "title": "", "text": "I'm not familiar with Canadian taxes, but had your question been written about the United States, I'd advise you to at least consult for a couple of hours with an accountant. Taxes are complex, and the cost of making a mistake generally exceeds the cost of getting professional advice."}
{"_id": "345231", "title": "", "text": "If we sealed our home completely, we should only get fresh air inside when we opened a door or window. To replace them with fresh air, exhaust unwanted smells, water vapor and pollution we need ventilation, but we can turn it on and off as we need it, and direct it where it is necessary we also need to control ventilation."}
{"_id": "345234", "title": "", "text": "&gt;In America, the government is ours  It's not, not in the slightest. This is the biggest misconception that the public has.   &gt;We vote for all the people in it   On a rigged ballot in a rigged election where only a vanishing fraction of a percent of the people who make up the government are voted on and even fewer are accountable for their actions.   &gt;It is within our power to make it what we want and it is our responsibly to keep it functioning properly  A machine designed to grind up humans can't be fixed by changing it's parts. It can only be dismantled and a new machine constructed with a different purpose.  &gt;To restrict the power of the US government is to reduce the power of the American people to determine the kind of society we want to live in  I see it oppositely - to empower the government is to reduce the power of the American people to determine what kind of society we want to live in. The very concept of government simply gives excuse to the violent and wealthy to justify their use of violence and wealth to rule over the majority.   &gt; I do not want to live under the tyranny of huge multinational corporations who only care that I work and consume.  I do not believe that any corporation would be able to wield any tyranny so great as governments do, as corporations are far more fragile and vulnerable than they would have you believe, and giant multinationals are utterly dependent on the protections provided by the government. Like dinosaurs could only exist because there was so much oxygen in the atmosphere, giant multinationals depend on government for sustenance and support.  &gt;For the past 40 years, as we have been gradually moving towards a more laissez faire philosophy  There is absolutely nothing laissez faire about our government, we live in a more legislated, judicated, regulated society than ever in the history of man. No person on earth could understand even the tax code if they devoted their entire life to it, which is only a fraction of the codification that all persons are presumed bound to.   &gt;Tax cuts for the uber rich, blanket free trade agreements with 3rd world countries, and deregulation have caused corporations get much larger and far more powerful than they were a generation or two ago.  And yet all of these things are acts that can *only* be provided by the hands of the government. Corporations are like a vine that grows up the tree of government - strike down the tree, and the vine dies too.   &gt;decide they want something else and to vote accordingly  Anything that could possibly result in a good outcome would never, under any circumstance, be allowed to be added to the ballot. You cannot fix a government that has the power to decide what can be done to itself. That's why you have to break the services provided by the government into individual service providers that sell their services on a free and open market, and let the public decide what they value and what they don't want.   Humanity can't be free until we disabuse ourselves of the fallacy of the necessity of government."}
{"_id": "345242", "title": "", "text": "There is a possibility of misuse. Hence it should be shared judiciously. Sharing it with large / trusted organization reduces the risk as there would be right process / controls in place. Broadly these days PAN and other details are shared for quite a few transactions, say applying for a Credit Card, Opening Bank Account, Taking a Phone connection etc. In most of the cases the application is filled out and processed by 3rd party rather than the service provider directly.  Creating Fake Employee records is a possibility so is the misuse to create a fake Bank account in your name and transact in that account. Since one cannot totally avoid sharing PAN details to multiple parties... It helps to stay vigilant by monitoring the Form 26AS from the Govt website. Any large cash transactions / additional salary / or other noteworthy transactions are shown here. It would also help to monitor your CIBIL reports that show all the Credit Card and other details under your name."}
{"_id": "345253", "title": "", "text": "\"Many terms a'blending here. \"\"Reserves\"\" in yankee are merely deposits at the Fed by lending institutions, from bankers to brokers. \"\"Treasuries\"\" are loans borrowed by the US gov't itself, not its monetary authority, the Federal Reserve.  The Fed borrows with the cash (zero coupon perpetuities) or \"\"reserves\"\" (deposits) (zero coupon perpetuities). Yes, when the Fed owns Treasuries, it's like a subsidiary corporation borrowing to buy the parent corporation's bonds, lol. If a bank wants to hold Treasuries, it holds Treasuries.  If it has to keep some assets in reserve, it holds cash or deposits at the Fed.  If it needs to satisfy reserve requirements because of an unpredicted insufficiency, it \"\"borrows\"\" \"\"money\"\" \"\"overnight\"\" from other reserve holders.  It's a sale, but it's marked as a loan.\""}
{"_id": "345274", "title": "", "text": "As the answer from Guest5 noted, any expense you have before the HSA is established is not considered a qualified medical expense for an HSA distribution. However, it is important to note that since you now have the HSA established, any medical expense you have from this point on is a qualified medical expense, even if you don't take an HSA distribution for it right away. For example, let's say that you have a medical expense this year, but you don't take an HSA distribution to reimburse yourself right away.  (Maybe it is because you don't have enough money in your HSA to reimburse yourself at this time.)  You can reimburse yourself in the future for this expense.  As long as you had an HSA in place when the expense was incurred, it doesn't matter if you wait to take the distribution."}
{"_id": "345282", "title": "", "text": "Reddit's going to hate me, but I swear that yellow page ads work well-- they work well for a long time. I have a computer business, and I haven't ran an ad in quite a while (because I truly don't need more business at the moment), and I'm still getting calls from my old yellow page ads."}
{"_id": "345294", "title": "", "text": "There are two obvious cases in which your return is lower with a heavily leveraged investment. If a $100,000 investment of your own cash yields $1000 that's a 1% return. If you put in $50,000 of your own money and borrow $50,000 at 2%, you get a 0% return (After factoring in the interest as above.) If you buy an investment for $100,000 and it loses $1000, that's a -1% return. If you borrow $100,000 and buy two investments, and they both lose $1000, that's a -2% return."}
{"_id": "345296", "title": "", "text": "With your windfall, you've been given a second chance. You've become debt free again, and get to start over. Here is what I would recommend from this point on: Decide that you want to remain debt free. It sounds like you've already done this, since you are asking this question. Commit to never borrowing money again. It sounds overly simplistic, but if you stop using your credit cards to spend money you don't have and you don't take out any loans, you won't be in debt.  Learn to budget. Here is what is going to make being debt free possible. At the beginning of each month, you are going to write down your income for the month. Then write down your expenses for the month. Make sure you include everything. You'll have fixed monthly expenses, like rent, and variable monthly expenses, like electricity and phone. You'll also have ongoing expenses, like food, transportation, and entertainment. You'll have some expenses, like tuition, which doesn't come up every month, but is predictable and needs to be paid. (For these, you'll can set aside part of the money for the expense each month, and when the bill comes, you'll have the funds to pay it ready to go.) Using budgeting software, such as YNAB (which I recommend) will make this whole process much easier. You are allowed to change your plan if you need to at any time, but do not allow yourself to spend any money that is not in the plan.  Take action to address any issues that become apparent from your budget. As you do your budget, you will probably struggle, at first. You will find that you don't have enough income to cover your expenses. Fortunately, you are now armed with data to be able to tackle this problem. There are two causes: either your expenses are too high, or your income is too low.  Cut your expenses, if necessary. Before you had a written budget, it was hard to know where your money went each month. Now that you have a budget, it might be apparent that you are spending too much on food, or that you are spending too much on entertainment, or even that a roommate is stealing money. Do what you need to do to cut back the expenses that need cutting.  Increase your income, if necessary. You might find from your budget that your expenses aren't out of line. You live in as cheap a place as possible, you eat inexpensively, you don't go out to eat, etc. In this case, the problem isn't your spending, it is your income. In order to stay out of debt, you'll need to increase your income (get a job). I know that you said that this will slow your studies, but because you are now budgeting, you have an advantage you didn't have before: you now know how short you are each month. You can take a part time job that will earn you just enough income to remain debt free while maximizing your study time.  Build up a small emergency fund. Emergencies that you didn't plan for in your budget happen. To remain debt free, you should have some money set aside to cover something like this, so you don't have to borrow when it comes up. The general rule of thumb is 3 to 6 months of expenses, but as a college kid with low expenses and no family to take care of, you won't need a huge fund. $500 to $1000 extra in the bank to cover an unexpected emergency expense could be all it takes to keep you debt free."}
{"_id": "345297", "title": "", "text": "Are you looking for the best money lender in Singapore to get a loan? Call +65 6871 4268 if you have any questions about money lenders. Legal Loan Singapore will be able to help you source for the best money lenders. Helping you to find solutions for your cash needs. Learn more details check out here: https://www.legalloansingapore.com/best-moneylender-singapore/"}
{"_id": "345323", "title": "", "text": "ACH as offered in US is a very broad and versatile network used for a range of business case. There is no other network as versatile. In Europe UK has BACS as equivalent about 50-70% of what US-ACH offers. Most European countries also have ACH [Collectively Called ACH, have 90% of the layouts that are identical, called by different names domestically, different business capabilities and rules]. Most countries in Asia also have similar networks. For example in India there is ECS now replaced by NACH. In Singapore/Indonesia/Thailand/Malaysia they have Giro's. China has CNAPS and BEPS. So essentially every country has addressed the business need differently and bis.org has a decent over-view country wise on the clearing systems available."}
{"_id": "345336", "title": "", "text": "We've tried to establish Atlantic Salmon in Pacific waters as late as 1981 (wild stock, not farmed). There were 3 escapes in the late 90's (totalling over half a million fish) with no 'wild' adults found (some juveniles were found in the rivers, but none are known to have returned).  Scientists have tried to hybridize Atlantic and Pacific Salmon. While successful, the offspring were sterile and the process was difficult and unlikely to occur in nature.  So, while they might, their kids won't (or haven't in previous episodes)."}
{"_id": "345346", "title": "", "text": "Totally, right now I'm being stopped by the difficulty of adjusting from being a student with a flexible schedule to working 6 to 6, but it's definitely not for lack of time that I'm having trouble working out.  You're right though, as the blog post mentions, you typically end up scheduling your gym appointments at times when you definitely won't be called in to the office - very late and very early on weekends.  As for sleep, I used to be very dedicated to 8/night, but you learn to adjust to less. The impacts are noticeable, though, and it's certainly not ideal."}
{"_id": "345350", "title": "", "text": "Computers and the software they run on are intangible products that can, and are, made by just about anyone.  Oil is a tangible, limited resource that, until recently, is not replaceable with anything else.  Apple and MS are replaceable.  Oil is not."}
{"_id": "345365", "title": "", "text": "Indeed.   And why should we incentivize careers that contribute to the good of mankind as opposed to careers that prey on mankind.   I'm with you.   If you want to help people, fuck you, be a poor.  If you don't want to be a poor, start a hedge fund and destroy the economy."}
{"_id": "345366", "title": "", "text": "To make matters worse, if you pay the property tax your mother in law can't take the deduction either. You may be better off paying rent and having her handle the property correctly, as a rental."}
{"_id": "345368", "title": "", "text": "\"If you sell a stock you don't own, it's called a short sale. You borrowed the shares from an owner of the stock and eventually would buy to close. On most normal shares, you can hold a short position indefinitely, but there are some shares that have a combination of either a small float or too high a short position that shares to short are not available.  This can create a \"\"short squeeze\"\" where shorts are burned by being forced to buy the stock back.  Last - when you did this, you should have instructed the broker that you were \"\"selling to open\"\" or \"\"selling short.\"\" In the old days, when people held stock certificates, you were required to send the certificate in when you sold. Today, the broker should know that wasn't your intention.\""}
{"_id": "345372", "title": "", "text": "Knowing about hair cutting scissors will be very useful while performing the hair stylist job. You can please the customers, if you perform a stylish hair cut with sharp scissors which you do effortlessly. Often, you have to use knives while doing your job. Knife Sharpening is a complex process and as such special equipment is used to get that perfect edge."}
{"_id": "345385", "title": "", "text": "\"Hi Ly Sok  You could give free maps out to your clients. Easily print these off. Talk about the city as you drive through pointing out good value restaurants and places of interest.   When someone buys something from me. I try to understand it as \"\"someone buying my time\"\" so I like to think of there problems.   Your clients are mostly tourists or locals I assume. Locals like to here local news and learn things -like new roads being built or a cinema opening. Crime and cool things going on.  Tourists want to make there money go further and so learning about the best local experience is often what they want to do. A pick up service is often appreciated and possibly you could emphasis to tourists how safe certain areas are and that maybe they should hide there flashy phone or camera in this area.   I feel recommendations are the way to go. Giving a number they can text you on makes it easier to send a location. For pick ups.   Since uber is a big thing for clients back home. Maybe you could parody the name   \"\"TukUber\"\"  This would instantly make people remember you and you could also look at how you could make your service like uber on a personal level.   Sounds like a fun project. Good luck\""}
{"_id": "345388", "title": "", "text": "I would pass on their deal if they will only match if you invest in their stock.  Think about when/if the company falls on bad times. What happens to the stock of a company when bad times come? The board of directors will reduce or eliminate the dividend payout.  Current and potential investors will take notice. Current owners of the stock will sell. Potential investors will avoid buying. The price of the stock with go down. And, quite likely, the company will lay off workers.  If/when that happens you would find yourself without a job and holding (almost) worthless stock as your savings. That would be quite a bad situation to be in."}
{"_id": "345389", "title": "", "text": "If I apply for a job at my hedge fund's PB, how likely is it that will come back to my firm through sales contacts and such? It's not a job within the PB business if it makes a difference. Do banks have policies against hiring from their PB clients? What about from S&amp;T customers?  This would be at the associate level if it matters."}
{"_id": "345400", "title": "", "text": "Why? Balance sheet is balance sheet, why is it complicated? Bank shareholders get dividends in exactly the same way as any other company shareholders do: the company ends up with net profits, which the board of directors decides to distribute to shareholders based on certain amount per share. If at all. Not all the profits are distributed, and in fact - there are companies who don't distribute dividends at all. Apple, for example, hasn't ever distributed dividends until very very recently."}
{"_id": "345403", "title": "", "text": "\"Congratulations. The first savings goal should be an emergency fund.  Think of this not as an investment, but as insurance against life's woes.  They happen and having this kind of money earmarked allows one to invest without needing to withdraw at an inopportune time.   This should go into a \"\"high interest\"\" savings account or money market account.  Figure three to six months of expenses. The next goal should be retirement savings.  In the US this is typically done through 401K or if your company does not offer one, either a ROTH IRA or Traditional IRA.  The goal should be about 15% of your income.  You should favor a 401k match over just about anything else, and then a ROTH over that.   The key to transforming from a broke college student into a person with a real job, and disposable income, is a budget.  Otherwise you might just end up as a broke person with a real job (not fun).  Part of your budget should include savings, spending, and giving.  All three areas are the key to building wealth.   Once you have all of those taking care of the real fun begins.  That is you have an emergency fund, you are putting 15% to retirement, you are spending some on yourself, and giving to a charity of your choice.  Then you can dream some with any money left over (after expenses of course).   Do you want to retire early?  Invest more for retirement.  Looking to buy a home or own a bunch of rental property?  Start educating yourself and invest for that.   Are you passionate about a certain charity?  Give more and save some money to take time off in order to volunteer for that charity. All that and more can be yours.  Budgeting is a key concept, and the younger you start the easier it gets.   While the financiers will disagree with me, you cannot really invest if you are borrowing money.  Keep debt to zero or just on a primary residence.  I can tell you from personal experience that I did not started building wealth until I made a firm commitment to being out of debt. Buy cars for cash and never pay credit card interest.  Pay off student loans as soon as possible. For some reason the idea of giving to charity invokes rancor.  A cursory study of millionaires will indicate some surprising facts:  most of them are self made, most of them behave differently than pop culture, and among other things most of them are generous givers.  Building wealth is about behavior.  Giving to charity is part of that behavior.  Its my own theory that giving does almost no good for the recipient, but a great amount of good for the giver.   This may seem difficult to believe, but I ask that you try it.\""}
{"_id": "345404", "title": "", "text": "The stock split, it is similar to what happened to Apple a little while back. When Google split 2 to 1, it means that each share holder got 2 shares for each 1 share they had and each share was 1/2 the price."}
{"_id": "345410", "title": "", "text": "The crucial insight is that the alternative to early exercise of an American call is not necessarily to hold it to expiry, but to sell it. And selling it, at its value, is always better than exercising it.  Note that this holds only for options on assets that don't pay dividends. Here's the proof, using Put-Call-Parity. We know that at expiry T, we have (using a Call and a Put both struck at K): C(T) - P(T) = S(T) - K (if this is not clear to you, consider the case where S is less than, equal to, or greater than K at maturity, and go through each of them.) If the stock S doesn't pay any dividends (and there is no cost of carry etc.), we can replicate both sides now at time 0; we just buy one call, sell one put (that gives us the left hand side), buy the stock, and borrow money so that at time T we have to repay K (that gives us the right hand side). That means that now, we only need to borrow df * K, where df is the discount factor, and is less than one (assuming the good old pre-2009 world where interest rates are positive). Thus: C(0) - P(0) = S(0) - df * K.  Rearranging gives: C(0) = S(0) - df * K + P(0).  That's the value of the call, if we sell it (or hold it). However, if we exercise, we only get: C_ex = S(0) - K Now, we see that C(0) > C_ex, because we subtract less (df*K < K), and add P(0)."}
{"_id": "345426", "title": "", "text": "&gt; Ok. Pay for my children. I want a boy and a girl.  Working on it.  Does this mean you support socialized medicine, public education, food stamps, child tax credits, affordable college, and maybe even universal basic income?"}
{"_id": "345428", "title": "", "text": "I think you've got competition on that list for where to put the money - I'd work out which option is costing me the most currently or will cost me the most in the future and take care of it. I'd be willing to bet that Eric is right, though, that it will need to be the roof. Not fixing it could cost you more in the long run than any of the other items on the list (assuming your circumstances remain roughly the same).  General comments/other considerations: Any money that doesn't get spent on the roof (if any) - I would put in a rainy day fund."}
{"_id": "345447", "title": "", "text": "Historically, it did work. I had a friend who had a dozen credit cards during college, and every few weeks he would move his balances around among the cards with balance transfers (all with a touch tone phone). Unfortunately for you, banks figured that game out and added fees for balance transfers that are applied at the time of the transfer."}
{"_id": "345448", "title": "", "text": "What makes a credit card risky is that it requires discipline. It is very easy to buy things that you cannot afford with a credit card. Credit cards usually require a minimum payment every month if you owe them money, but if you pay only the minimum amount, your debt will grow quickly. And since the interest rates are usually very high, you can easily get into a state where you are overwhelmed by your debt. The correct way to use a credit card is to pay the complete bill every month. If you can't afford to pay the complete bill because you spent too much, cut up your credit card.  On the positive side, there are many situations where paying by credit card will give you protection if you don't get the goods that you paid for, because the credit card company is fully responsible for those goods, just like the seller. So if you pay for a $5,000 holiday with a credit card and the company you paid to goes bankrupt, the credit card company will refund your money.  Do not ever look at cash back on purchases. You only get cash back if you spend money. Getting $50 cash back is of no use if you had to get $2,500 deeper in debt to get that cash back. (Some people might contradict this. But if you ask for advice on money.stackexchange then this is the correct advice for you that you should follow)."}
{"_id": "345451", "title": "", "text": "Even for those of us who aren't at risk of over drafting, direct debit is a less-than-stellar option. Direct debit is a great way to begin ignoring how large your bills are. By explicitly paying them through my bank's online billpay, I notice immediately when a bill is larger than it ought to be. This is often caused by a billing error. In which case I've found it far easier to resolve disputes when the money is still in my hands. It's significantly harder to convince an internet provider, cell phone service, or utility to reverse an incorrect charge after it's been paid than it is before. The other times, it's because I've been using the service more than normal. For example, sending text messages more frequently or using more electricity. Explicitly paying these bills makes me realize upfront that there's been a change in my behavior and I can either reduce my expenses or accept the higher cost for higher service. My own experience leads me to believe that paying your bills automatically every month is a great way to ignore these events, and leak money like a sieve. Online bill pay makes doing this as trivial as I could hope for, and the risk of missing a payment is essentially nil."}
{"_id": "345469", "title": "", "text": "stimulate $1 trillion in infrastructure expenditures over 10 years by granting $137 billion in tax credits to private investors - over 10 years this trillion seems the same as we have before:  * [Road infrastructure investment in the US, 1995 to 2015](https://www.reportlinker.com/data/series/oJRgKMNK7JM) - $94M in 2015 * [Rail infrastructure investment in the US 1995 to 2015](https://www.reportlinker.com/data/series/IOc4fG3MgKM) - $17M in 2015"}
{"_id": "345475", "title": "", "text": "In any country, individuals (and shops) can reject any form of payment that is not Legal Tender - defined by law as a payment form that must be accepted. Shops are typically more generous, because they want to do business with you, but individuals are in a different position. In France, only official coins and bills are declared as Legal Tender (so if they don't want to, individuals don't even need to accept bank transfers). This is for doubts you need to pay. In addition, as you are not forced to do business with them, people and shops can require whatever they feel like to require - if you want to buy their car, they can ask you to stand on your head and spit coins, and if you don't like it, they don't sell to you. (They won't do much business then, probably)"}
{"_id": "345482", "title": "", "text": "\"in theory, yes. in practice, no. largely because merchants pay a fee to process credit card transactions which normally exceeds the cash back you can get. i tried this with square, since their vendor fee was 2.75%, and i got 5% back on restaurants.  however, even though i registered with square as a restaurant, transactions were categorized as \"\"other services\"\" or something, so i only got 1% back and lost 1.75% net. moreover, if you did find a card/processor combination that left you with a net gain, they would eventually catch on and charge you with some sort of fraud.  i wasn't worried about it with the square experiment because it was only 1$, but if you tried to do this with large sums, a human would catch you. and if it was enough money to matter, there would be a lawsuit. if you were really unlucky, you might get charged with some terrorism crap like \"\"structuring\"\" deposits.\""}
{"_id": "345507", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://money.cnn.com/2017/10/18/investing/rio-tinto-coal-mine-fraud/index.html) reduced by 83%. (I'm a bot) ***** &gt; Authorities in the U.S. and the U.K. have accused Rio Tinto.  &gt; The U.S. Securities and Exchange Commission claims that Rio Tinto realized the mine was worth significantly less within a year of purchasing it, but did not share that information with investors until 2013.  &gt; In its complaint filed Tuesday, the SEC accused Rio Tinto, Albanese and Elliott of trying &amp;quot;To conceal the rapid and dramatic decline in value&amp;quot; of the coal business.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77ct0m/rio_tinto_accused_of_fraud_over_3_billion_coal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231113 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Tinto**^#1 **Rio**^#2 **mine**^#3 **company**^#4 **SEC**^#5\""}
{"_id": "345530", "title": "", "text": "I use GNUCash. It's a bit more like Quickbooks than plain Quicken, but it's not all that complicated. Probably the most difficult part is understanding the idea of income accounts.  Benefits: For short term planning, I use scheduled transactions. If I'm spending more than I have, it'll show up here. Every paycheck and dollar spent or invested is recorded with the exact date I anticipate it will happen, 30 days in advance. If that would overdraw my checking account, the Future Minimum Balance field will go negative and red. This lets me move float to higher interest savings and retirement funds, and avoids overdraft fees or other mishaps. By looking 30 days ahead in detail, I have enough time to transfer from illiquid assets. For longer term planning, I keep a spreadsheet around that plans out annual expenses. If I'm spending more than I earn, it shows up here. I estimate everything: expenses, savings, taxes, and income. I need this because I have a lot of expenses that are far less frequent than monthly or paycheck-ly. The beauty of it is that once I've got it in place, I can duplicate the sheet and consider tweaks for say taking a new job or moving, or even just changing an insurance plan (probably less relevant for those with access to NHS). Especially when moving to take a new job, it's not as straightforward as comparing salaries, and thus having a document for the status quo to start from lets you focus on the parts that changed."}
{"_id": "345533", "title": "", "text": "\"This answer is somewhat incomplete as I don't have definitive conclusions about some parts of your question.  Your question includes some very specific subquestions that may best be answered by contacting the investment companies you're considering. I don't see any explicit statement of fees for TIAA-CREF either.  I suggest you contact them and ask. There is mention on the site of no-transaction-fee funds (NTF), but I wasn't able to find a list of such funds.  Again, you might have to ask. Vanguard also offers some non-Vanguard funds without transaction fees.  If you go the Vanguard page on other mutual funds you can use the dropdown on the right to select other fund companies.  Those with \"\"NTF\"\" by the name have no transaction fees. Scottrade also offers NTF funds.  You can use their screener and select \"\"no load\"\" and \"\"no transaction fee\"\" as some of your filters. You are correct that you want to choose an option that will offer a good lineup of funds that you can buy without transaction fees.  However, as the links above show, Vanguard and TIAA-CREF are not the only such options.  My impression is that almost any firm that has their own funds will sell them (or at least some of them) to you without a transaction fee.  Also, as shown above, many places will sell you other companies' funds for free too.  You have plenty of options as far as free trades, so it really depends on what funds you like. If you google for IRA providers you will find more than you can shake a stick at.  If you're interested in low-cost index funds, Vanguard is pretty clearly the leader in that area as their entire business is built around that concept.  TIAA-CREF is another option, as is Fideltiy (which you didn't mention), and innumerable others.  Realistically, though, you probably don't need a gigantic lineup of funds.  If you're juggling money between more than a handful of funds, your investment scheme is probably needlessly complex.  The standard advice is to decide on a broad allocation of money into different asset classes (e.g., US stocks, US bonds, international stocks, international bonds), find a place that offers funds in those areas with low fees and forget about all the other funds.\""}
{"_id": "345536", "title": "", "text": "In my opinion, it's all about knowing what you want to do. I know too many people who are in finance for the money who could've been doctors or engineers and enjoyed that life a lot more. That's not to say they aren't successful, money is a powerful motivator, but for the rest of us, you should really know what you're getting into."}
{"_id": "345540", "title": "", "text": "I could definitely see a future where Amazon runs home automation. Especially when you consider 24/7 access to their store and streaming platforms.  That said, I imagine Google will probably repeat history and pivot to business applications. Google Assistant, partnered with Google Maps, could do very well with the autonomous car market. A distributor could handle entire fleets from his phone."}
{"_id": "345568", "title": "", "text": "you forgot   Alipay: The biggest mobile payment platform in China, similar to paypal but much more prevalent in offline settings  AliSports: Arranges esports tournaments, owns Asia's best football club, helped Alibaba become the primary sponsor of the next summer olympics  Youku: one of the biggest video platform in China, with a hybrid model between Netflix and Youtube.  AliPictures: hollywood production company responsible for several recent productions such as Mission Impossible, Ninja Turtles, and Star Trek  Cainiao: The largest logistics network in China, facilitating the delivery of over 12 million packages a day  AliCloud: Leading cloud-computing provider in China and a significant competitor to companies like Oracle and AWS  Ele.Me: Market-leading food-delivery network  Didi Kuaidi: The chinese Uber."}
{"_id": "345592", "title": "", "text": "As someone who works in the tech industry, this isn't very fair. The CTO is in charge of the technical direction of the company. Yes Uber is fairly mature, from what I've heard, in their technology but continuing to iterate on their technology is what will keep them ahead of the field. Lyft is quickly catching up, especially since this whole fiasco started.  They are also an important component of mitigating any potential risk, from security breaches to wide scale outages. Considering how critical the technology is to their business can you imagine the fallout from a wide scale security breach or multi day outage?"}
{"_id": "345597", "title": "", "text": "I would not advise any stock-picking or other active management (even using mutual funds that are actively managed).  There is a large body of knowledge that needs learning before you even attempt that. Stay passive with index funds (either ETFs or (even better) low-cost passive mutual funds (because these prevent you from buying/selling). But I have not problem saying you can invest 100% in equity as long as your stomach can handle the price swings.  If you freek out after a 25% drop that does not recover within a year, so you sell at the market bottom, then you are better off staying with a lot less risk.  It is personal. There are a lot of valid reasons for young people to accept more risk - and equally valid reason why not.  See list at http://www.retailinvestor.org/saving.html#norisk"}
{"_id": "345601", "title": "", "text": "Its not Israel the country that has existed since 1200BC, its the rat plague of Jews that has plagued humanity since the dawn of money and shiny things, and the Jews have spent most of their existence being chased around the world because they killed Jesus and are habitually a parasite on which ever society they infest with their greed, avarice and corruption, since ancient Egypt to modern America. As history repeats itself once more and Jews have tried to take control of American society and destroy its values so they can suck the American people dry of every coin, with bank fraud and scams and schemes and interest, all the while spewing poison and hatred against other nations and people and dragging America and its sons into fake wars while you grow fat like a tick at its throat. This time no one is coming to help and no one will listen to your cries for help.  You are the criminally insane that the world regrets saving and will not miss when you are gone, as mankind progresses in peace, serenity and harmony in your absence."}
{"_id": "345603", "title": "", "text": "I probably can, but I realized I also do have a commission sheet from the month of June which shows how much I made in just commissions, and then I could tell them I also get my 300 a week salary. Do you think that would suffice?"}
{"_id": "345604", "title": "", "text": "\"Not really.  You can map the ctrl/option/command keys to the Windows equivalent of control/alt/win.  In fact, the Option key is already labeled \"\"alt\"\" as well, so really the command key will become the windows key.    If you're the primary user of the PC you'd get used to it really quick.  Lack of a labeled 10-key may suck though if you're doing a lot of number entry, but I've never found laptop overlay 10-key to be really functional anyway, full-size keyboards are still the best for that.\""}
{"_id": "345614", "title": "", "text": "I know you were partly joking, but still:  &gt; movies  Bring an iPad, most modern planes have WiFi, you can watch Netflix and relax without paying for Buisness Class.  &gt;elaborate meals  Buy a meal at the terminal before you fly. You can even indulge and treat yourself at the nicer sit down restaurants in the airport. Even if you pay $100 for the meal, that's only 10% the cost of upgraded to Buisiness Class just for the food on board.  &gt;priority boarding  You can pay a token fee, like $20, for priority boarding. Hardly need a $1000 ticket for that.   &gt;power  Power is standard on most newer planes, even in coach. I flew Spirit, the budget airline in my region, and despite paying $80 for my economy ticket I had a powered USB outlet *and* an AC outlet I could use.  &gt;storage, recline chairs, &amp; cocaine  Well, you got me there."}
{"_id": "345624", "title": "", "text": "\"many biz \"\"leaders\"\" are also leftists and see now as good time to bail out as Trump will not further assist in their quest for more government ...where government regulations, for example, hurt everyone, but least hurt are the biggest players...and over time, that reduces competition\""}
{"_id": "345647", "title": "", "text": "Ok, so here's the strategy I decided to go with in the meantime: Allocate E1 to A_corp and E3 to A_ira. Here are my considerations which I assume at this stage to be right:"}
{"_id": "345662", "title": "", "text": "You can use the debit card for practically any purchase that you make. You'll have to take the usual precautions and then a few additional ones.   Cards make your life really easy and convenient with some basic precautions.  All the best for your travel and stay in the USA. My two cents."}
{"_id": "345665", "title": "", "text": "\"&gt;Ah, but with all the business you'd do in gold, you'd constantly be increasing the value of gold. Think of it!  How does \"\"doing business in\"\" something increase its value?  By this logic, all businesses should be successful.  I feel like you're just grasping at straws at this point.  &gt;I'm pretty sure that most people want to be paid in dollars not simply because of the fact that their taxes have to be paid in it, but because of it's universality.  You have no way of proving this, though.  It's like saying \"\"I love paying my taxes!\"\"  It may really be the case, but there's no way to know for sure, because you might just be afraid of jail.  &gt;Not everyone has a use for a sack of barley, or a fish, or some gold dust. But you can buy whatever you want with an amount of dollars.   Sure, in the current system.  But that's not really saying anything, because you're basically saying \"\"Things are currently like X, therefore things should (and would) be like X under a different legal structure.\"\"  &gt;It's only taxed at a 15.5% rate, IIRC. You'd probably come out ahead.   I can't take this line of argument seriously, I'm sorry.  You're emotionally invested in a fiat paper standard.\""}
{"_id": "345681", "title": "", "text": "\"Equity does not represent production divisions in a company (i.e. chocolate, strawberry, and vanilla does not make sense).  In Sole proprietorship, equity represents 1 owner.  In Partnership, equity has at least two sub-accounts, namely Partner 1 and Partner 2.  In Corporations, equity may have Common Stockholders and Preferred Stockholders, or even different class of shares for insiders and angel investors.  As you can see, equity represents who owns the company. It is not what the company does or manufactures.  First and foremost, define the boundary of the firm. Are your books titled \"\"The books of the family of Doe\"\", \"\"The books of Mr & Mrs Doe\"\", or \"\"The books of Mr & Mrs Doe & Sons\"\".  Ask yourself, who \"\"owns\"\" this family. If you believe that a marriage is perpetual until further notice then it does not make any sense to constantly calculate which parent owns the family more. In partnership, firm profits are attributed to partner's accounts using previously agreed ratio. For example, (60%/40% because Partner 1 is more hard working and valuable to the firm.  Does your child own this family? Does he/she have any rights to use the assets, to earn income from the assets, to transfer the assets to others, or to enforce private property rights? If they don't have a part of these rights, they are certainly NOT part of Equity.  So what happens to the expenses of children if you follow the \"\"partnership\"\" model? There are two ways. The first way is to attribute the Loss to the parents/family since you do not expect the children to repay. It is an unrecoverable loss written off. The second way is to create a Debtor(Asset) account to aggregate all child expense, then create a separate book called \"\"The books Children 1\"\", and classify the expense in that separate book.  I advise using \"\"The family of Doe\"\" as the firm's boundary, and having 1 Equity account to simplify everything. It is ultimately up to you to decide the boundaries.\""}
{"_id": "345697", "title": "", "text": "\"It all comes down to how the loan itself is structured and reported - the exact details of how they run the loan paperwork, and how/if they report the activity on the loan to one of the credit bureaus (and which one they report to).  It can go generally one of three ways: A) The loan company reports the status to a credit reporting agency on behalf of both the initiating borrower and the cosigner. In this scenario, both individuals get a new account on their credit report. Initially this will generally drop related credit scores somewhat (it's a \"\"hard pull\"\", new account with zero history, and increased debt), but over time this can have a positive effect on both people's credit rating. This is the typical scenario one might logically expect to be the norm, and it effects both parties credit just as if they were a sole signor for the loan. And as always, if the loan is not paid properly it will negatively effect both people's credit, and the owner of the loan can choose to come after either or both parties in whatever order they want. B) The loan company just runs the loan with one person, and only reports to a credit agency on one of you (probably the co-signor), leaving the other as just a backup. If you aren't paying close attention they may even arrange it where the initial party wanting to take the loan isn't even on most of the paperwork. This let the person trying to run the loan get something accepted that might not have been otherwise, or save some time, or was just an error. In this case it will have no effect on Person A's credit. We've had a number of question like this, and this isn't really a rare occurrence. Never assume people selling you things are necessarily accurate or honest - always verify. C) The loan company just doesn't report the loan at all to a credit agency, or does so incorrectly. They are under no obligation to report to credit agencies, it's strictly up to them. If you don't pay then they can report it as something \"\"in collections\"\". This isn't the typical way of doing business for most places, but some businesses still operate this way, including some places that advertise how doing business with them (paying them grossly inflated interest rates) will \"\"help build your credit\"\". Most advertising fraud goes unpunished. Note: Under all of the above scenarios, the loan can only effect the credit rating attached to the bureau it is reported to. If the loan is reported to Equifax, it will not help you with a TransUnion or Experian rating at all. Some loans report to multiple credit bureaus, but many don't bother, and credit bureaus don't automatically copy each other. It's important to remember that there isn't so much a thing as a singular \"\"consumer credit rating\"\", as there are \"\"consumer credit ratings\"\" - 3 of them, for most purposes, and they can vary widely depending on your reported histories. Also, if it is only a short-term loan of 3-6 months then it is unlikely to have a powerful impact on anyone's credit rating. Credit scores are formulas calibrated to care about long-term behavior, where 3 years of perfect credit history is still considered a short period of time and you will be deemed to have a significant risk of default without more data. So don't expect to qualify for a prime-rate mortgage because of a car loan that was paid off in a few months; it might be enough to give you a score if you don't have one, but don't expect much more. As always, please remember that taking out a loan just to improve credit is almost always a terrible idea. Unless you have a very specific reason with a carefully researched and well-vetted plan that means that it's very important you build credit in this specific way, you should generally focus on establishing credit in ways that don't actually cost you any money at all. Look for no fee credit cards that you pay in full each month, even if you have to start with credit-building secured card plans, and switch to cash-value no-fee rewards cards for a 1-3% if you operate your financial life in a way that this doesn't end up manipulating your purchasing decisions to cost you money. Words to the wise: \"\"Don't let the credit score tail wag the personal financial dog!\"\"\""}
{"_id": "345698", "title": "", "text": "\"Ah ok, I can appreciate that. I'm fluent in English and Mr. Graham's command of English can be intimidating (even for me). The edition I have has commentary by Mr. Jason Zweig who effectively rewrites the chapters into simpler English and updates the data (some of the firms listed by Mr. Graham don't exist either due to bankruptcy or due to consolidation). But I digress.  Let's start with the topics you took; they're all very relevant, you'd be surprised, the firm I work for require marketing for certain functions. But not being good at Marketing doesn't block you from a career in Finance. Let's look at the other subjects.  You took high level Maths, as such I think a read through Harry Markowitz's \"\"Portfolio Selection\"\" would be beneficial, here's a link to the paper:  https://www.math.ust.hk/~maykwok/courses/ma362/07F/markowitz_JF.pdf  Investopedia also has a good summary:  http://www.investopedia.com/walkthrough/fund-guide/introduction/1/modern-portfolio-theory-mpt.aspx  This is Mr. Markowitz's seminal work; while it's logical to diversify your portfolio (remember the saying \"\"don't put all your eggs in one basket\"\"), Mr. Markwotiz presented the relationship of return, risk and the effects of diversification via mathematical representation. The concepts presented in this paper are taught at every introductory Finance course at University. Again a run through the actual paper might be intimidating (Lord knows I never read the paper from start to finish, but rather read text books which explained the concepts instead), so if you can find another source which explains the concepts in a way you understand, go for it. I consider this paper to be a foundation for other papers.  Business economics is very important and while it may seem like it has a weak link to Finance at this stage; you have to grasp the concepts. Mr. Michael Porter's \"\"Five Forces\"\" is an excellent link between industry structure (introduced in Microeconomics) and profit potential (I work in Private Equity, and you'd be surprised how much I use this framework):  https://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy  There's another text I used in University which links the economic concept of utility and investment decision making; unfortunately I can't seem to remember the title. I'm asking my ex-classmates so if they respond I'll directly send you the author/title.  To finish I want to give you some advice; a lot of subjects are intimidating at first, and you might feel like you're not good enough but keep at it. You're not dumber than the next guy, but nothing will come for free. I wasn't good at accounting, I risked failing my first year of University because of it, I ended up passing that year with distinction because I focused (my second highest grade was Accounting). I wasn't good in economics in High School, but it was my best grades in University. I wasn't good in financial mathematics in University but I aced it in the CFA. English is your second language, but you have to remember a lot of your peers (regardless of their command of the language) are being introduced to the new concepts just as you are. Buckle down and you'll find that none of it is impossible.\""}
{"_id": "345712", "title": "", "text": "My wife and I use a digital form of the envelope system. We call it a budget; we record how much we want to allocate each month to spend--for each category of expense--in a spread sheet. Why use prepaid cards? Why not open a bunch of bank accounts and use debit cards from each if you want to separate the money? You could also keep a ledger for each account that you spend from on a smart phone or even in a physical ledger.  The reason for the envelope method is that it psychologically hurts some people to physically part with cash. Once you digitize it in some factor, you lose what is the primary touted benefit, and it's no longer the envelope system. The secondary benefit that--once the budget for one category is gone, it's gone--is only as good as the discipline you have to not rob cash from another envelope; why is this any easier than the discipline of not debiting beyond the bottom of the ledger? So a budget IS a digital version of the envelope system; once the physical cash is removed from the equation, it's definitely not the envelope system. Sorry for the contrarian take on this question, but I've never been a fan of the envelope system for many of the reasons you have described. I guess I'm too young for the cash psychology to work for me."}
{"_id": "345725", "title": "", "text": "\"Wikipedia has a list of countries which ban foreign exchange use by its citizens.  It's actually quite short but does include India and China. Sometimes economic collapse limits enforcement.  For example, after the collapse of the Zimbabwean dollar (and its government running out of sufficient foreign exchange to buy the paper necessary to print more), the state turned a blind eye as the US dollar and South African rand became de facto exchange. Practicality will limit the availability of foreign exchange even in free-market economies.  The average business can't afford to have a wide range of alternative currencies sitting around.  Businesses which cater to large numbers of addled tourists sometimes offer one or two alternative currencies in the hopes of charging usurous rates of exchange.  Even bureaux de change sometimes require you to order your \"\"rarer\"\" foreign exchange in advance. So, while it may be legal, it isn't always feasible.\""}
{"_id": "345741", "title": "", "text": "If thats how you feel (its how I feel )  then the last thing you want bankers doing is accepting deposits from people who think their money is not being risked, then making loans with it (fractional reserve banking).  And fdic is not an answer to that fundamental problem."}
{"_id": "345758", "title": "", "text": "Could be. I haven't read the law or how its written nor am I a lawyer. Just saying there's usually a way around these things.   They could also make the business decision that the risk of lost sales is worth the potential lawsuit loss.   We're all just pontificating here \u00af\\_(\u30c4)_/\u00af"}
{"_id": "345777", "title": "", "text": "\"Commentators say \"\"that's how capitalism works.\"\" It's also how it doesn't work. At the extremes systems break down. A heavily socialist state couldn't move to American style capitalism. Too many parts don't work.   Picture the US with 7 billion citizens. If 4 or 5 billion don't work, how does the system operate? There are limits and the argument is about where those limits are and what are the alternatives, besides war and plague.\""}
{"_id": "345778", "title": "", "text": "\"Wow.  Just ... wow. We all must start where we are, I guess.  The past is the past. There almost certainly isn't a cheap way to fix this.  You're already on the hook for $4k per month.  Your money is enabling her behavior.  You'd rather not enable her behavior, but the money is part of the consequences of your divorce, so into her bank account it goes. Those who control how much alimony your ex-wife receives might reach the conclusion she needs more.  That's not a hard conclusion for them to make.  It's not their money. The living conditions are hurting your kids, and that's unfortunate, but that's also part of the consequences of your divorce. If it's deemed that your kids are better off not visiting her, then you might be relieved of paying child support (since you're supporting them at that point) but you might still be supporting her until some trigger is met, which might be never.  (You know those details better than I do, of course.) If she's already lost her house, filed for bankruptcy, borrowed money from people that she hasn't paid back, and gets a check from you each month and still has utilities shut off, she'll continue to deteriorate financially until she hits rock bottom.  Then, and only then, will she see the need to fix her behavior. Now, the (possibly) million dollar question for you is, \"\"Where is rock bottom?\"\" Do what you can to make that happen sooner rather than later, because you'll likely be subsidizing her all the way down, and part of the way back up.  You've lost most of the leverage you once had to change her behavior, but try every way you can.  You might hit the jackpot.\""}
{"_id": "345793", "title": "", "text": "\"Overall the question is one of a political nature.   However, this component can have objective answers: \"\"What behavior is trying to be prevented?\"\" There are mechanisms by which capital gains can be deferred (1031 like-kind exchange, or simply holding a long position for years) or eliminated by the estate step up in basis.  With these available, mechanisms that enable basis-reduction are ripe for abuse.   On the other hand, if this truly bothers you then if you meet the IRS qualifications of a day trader, you may elect to use \"\"mark to market\"\" accounting, eliminating this entirely as a concern. Special rules for traders of securities\""}
{"_id": "345795", "title": "", "text": "\"Part of your first link has this statement that I suspect you are missing: However, Section 13(a)(1) of the FLSA provides an exemption from both   minimum wage and overtime pay for employees employed as bona fide   executive, administrative, professional and outside sales employees. Note that executive is in that list. As for the additional note: To qualify for exemption, employees generally must meet certain tests   regarding their job duties and be paid on a salary basis at not less   than $455 per week. Generally which means, \"\"in most cases; usually.\"\" is not a universal qualifier and thus exceptions can exist. I'd imagine that restricted stock could be a way around some of the rules as there would be a monetary value there in the case of the stock for companies of a particular size.\""}
{"_id": "345821", "title": "", "text": "Jeff Bezos hasn't really made much money in Amazon. His goal was for Amazon to achieve a critical mass through economies of scale so hey kept building up his business instead of cashing out.  Musk is doing the same with infrastructure. He's not just trying to create an electric car. That is a means to an end. His vision is to change transportation infrastructure by switching from fossil fuels to electric. This includes charging stations, battery technology, and energy harvesting (solar).  All his projects are somehow transportation related. The Hyperloop, Boring Project, SpaceX, Tesla."}
{"_id": "345823", "title": "", "text": "\"Debt can be denominated either in a currency the country controls or a currency the country doesn't control. If the debt is denominated in a currency the country controls then they have the option of \"\"printing their way out of it\"\". That option doesn't come for free, it will devalue their currency on the global market and hurt savers in their country but it is an option. If the debt is denominated in a currency the country does not control then they don't have that option. As I understand it the US debt is in the first category. It's denominated in US dollars so the US government could if they so wished print their way out of it. On the other hand greece's debt is denominated in euros putting them at the mercy of european bankers.\""}
{"_id": "345825", "title": "", "text": "to know the reasons, please click the link above and read this post. for sure you will learn a lot from this piece most especially on how you can always pay your financial obligations, like your credit card bills and monthly loan payments, on-time and in-full, each month."}
{"_id": "345836", "title": "", "text": "In Florida, real estate transaction is not so easy matter, but a difficult one. If you choose GHarveyBuysHouses, then it's a promise that We Buy Any House with successful buying transactions and these transactions are best handled by the full support team."}
{"_id": "345849", "title": "", "text": "I can confirm their products are complete and total crap with the exception of their diapers. They're about twice as expensive as regular diapers but everything about them works twice as well. I honestly wish having a kid wasn't so expensive and these diapers have made things even more expensive but we tried a few brands including cloth and these are absolutely the best we found."}
{"_id": "345851", "title": "", "text": "\"Cart's answer describes well one aspects of puts: protective puts; which means using puts as insurance against a decline in the price of shares that you own.  That's a popular use of puts.  But I think the wording of your question is angling for another strategy: Writing puts. Consider: Cart's strategy refers to the buyer of a put.  But, on the transaction's other side is a seller of the put \u2013 and ultimately somebody created or wrote that put contract in the first place!  That first seller of the put \u2013 that is, the seller that isn't just selling one they themselves bought \u2013 is the put writer. When you write a put, you are taking on the obligation to buy the other side's stock at the put exercise price if the stock price falls below that exercise price by the expiry date.  For taking on the obligation, you receive a premium, like how an insurance company charges a premium to insure against a loss. Example:  Imagine ABC Co. stock is trading at $25.00.  You write a put contract agreeing to buy 100 shares of ABC at $20.00 per share (the exercise price) by a given expiration date.  Say you receive $2.00/share premium from the put buyer.  You now have the obligation to purchase the shares from the put buyer in the event they are below $20.00 per share when the option expires \u2013 or, technically any time before then, if the buyer chooses to exercise the option early. Assuming no early assignment, one of two things will happen at the option expiration date: ABC trades at or above $20.00 per share. In this case, the put option will expire worthless in the hands of the put buyer.  You will have pocketed the $200 and be absolved from your obligation.  This case, where ABC trades above the exercise price, is the maximum profit potential. ABC trades below $20.00 per share.  In this case, the put option will be assigned and you'll need to fork over $2000 to the put buyer in exchange for his 100 ABC shares.  If those shares are worth less than $18.00 in the market, then you've suffered a loss to the extent they are below that price (times 100), because remember \u2013 you pocketed $200 premium in the first place.  If the shares are between $18.00 to $20.00, you're still profitable, but not to the full extent of the premium received. You can see that by having written a put it's possible to acquire ABC stock at a price lower than the market price \u2013 because you received some premium in the process of writing your put.  If you don't \"\"succeed\"\" in acquiring shares on your first write (because the shares didn't get below the exercise price), you can continue to write puts and collect premium until you do get assigned. I have read the book \"\"Money for Nothing (And Your Stocks for FREE!)\"\" by Canadian author Derek Foster.  Despite the flashy title, the book essentially describes Derek's strategy for writing puts against dividend-paying value stocks he would love to own.  Derek picks quality companies that pay a dividend, and uses put writing to get in at lower-than-market prices.  Four Pillars reviewed the book and interviewed Derek Foster: Money for Nothing: Book Review and Interview with Derek Foster. Writing puts entails risk.  If the stock price drops to zero then you'll end up paying the put exercise price to acquire worthless shares!  So your down-side can easily be multiples of the premium collected.  Don't do this until and unless you understand exactly how this works.  It's advanced. Note also that your broker isn't likely to permit you to write puts without having sufficient cash or margin in your account to cover the case where you are forced to buy the stock.  You're better off having cash to secure your put buys, otherwise you may be forced into leverage (borrowing) when assigned.  Additional Resources: The Montreal Exchange options guide (PDF) that Cart already linked to is an excellent free resource for learning about options.  Refer to page 39, \"\"Writing secured put options\"\", for the strategy above. Other major options exchanges and organizations also provide high-quality free learning material:\""}
{"_id": "345894", "title": "", "text": "Debit cards do not earn the bank any interest from you whereas credit cards do, so they want to give incentive to use credit over debit."}
{"_id": "345895", "title": "", "text": "\"I have never double-answered till now.  This loan can't be taken out of context. By the way, how much is it? What rate? \"\"Debt bad.\"\" Really? Line the debt up. This is the highest debt you have. But, you work for a company that offers a generous match, i.e. the match to your 401(k). Now, it's a choice, pay off 6% debt or deposit that money to get an immediate 100% return.  Your question has validity. In the end, we can tell you when to pay off the debt. After - The issue is that you are quoting a third party without having the discussion or ever being privy to it. In court, this is called 'hearsay.' The best we can do is offer both sides of the issue and priority for the payments. Welcome to Money.SE, nice first question.\""}
{"_id": "345910", "title": "", "text": "The stock market in general likes monetary easing. With lower interest rates and easy cheap money freely available, companies can borrow at reduced cost thus improving profits. As profits increase share prices generally follow. So as John Benson said Quantitative Easing usually has a positive effect on stocks. The recent negativity in the stock markets was partly due to the possibility of QE ending and interest rates being raised in the future."}
{"_id": "345912", "title": "", "text": "Bank runs very complex software to detect suspicious activity - terrorism financing, money laundering, etc. How would a program know that some person's activity is suspicious? It uses a set of rules. That set might be imperfect (that likely was not intended) - there might be some rule that triggers a warning on your account dominating the fact you've been with them for 15 years. So it's highly likely that an imperfect program triggered a warning on your account and the bank employer didn't dismiss it."}
{"_id": "345914", "title": "", "text": "&gt; When you consider how many successful business men and women, who never finished college, the stories of experience beating out education in hiring    Yes, the Bill Gateses and Mark Zuckerbergs of the world will get the spotlight for beating the odds. Even in Bill's day, those odds weren't that hard to beat. But in today's economy, you *really* don't want to play the odds with the exception of maybe trades jobs that don't require degrees."}
{"_id": "345924", "title": "", "text": "Tulip madness was likely a result of an expansion of money supply. Dutch govt initiated a subsidy program of gold minting before the bubble, attracting a lot of money into country and expanding the money supply(despite being on gold standard). See Doug French's free book on mises.org on this.  Similar stuff happened in Spain when the american gold hauls were imported.  And it matches the idea - banking system getting money first creates illusion of more credit being available than what savers are actually putting aside so the seeds for an unsustainable bubble are sewn."}
{"_id": "345942", "title": "", "text": "Am I required to send form 1099 to non-US citizens who are not even residing in the US? Since they're not required to file US taxes, do I still have to send the form to them? That's tricky. You need to get W8/W9 from them, and act accordingly. You may need to withhold 30% (or different percentage, depending on tax treaty they claim on W8). If you withhold taxes, you also need to file form 1042. I suggest you talk to a tax professional. Is it fine to expose my ITIN (taxpayer identification number) to   individuals or companies who I send the form to them. Since the form   requires me to write my TIN/EIN, what would be the risks of this and   what precautions should be taken to avoid inappropriate/illegal use? No, it is not OK. But if you pay these people directly - you don't have much choice, so deal with it. Get a good insurance for identity theft, and don't transact with people you don't trust. One alternative would be to pay through a payment processor (Paypal or credit cards) - see your next question. I send payments via PayPal and wire transfer. Should I send form   1099-MISC or 1099-K? Paypal is a corporation, so you don't need to send 1099 to Paypal. Whatever Paypal sends to others - it will issue the appropriate forms. Similarly if you use a credit card for payment. When you send money through Paypal - you don't send money directly to your business counterparts. You send money to Paypal."}
{"_id": "345943", "title": "", "text": "If you havent yet maxed out your ISA, then its a no-brainer. You get excellent tax rebates and its silly not to take advantage of these before considering self investing in shares.   Note that even if your ISA is maxed out, the economic turbulence means that investing in individual stocks is an intimidating place for beginners right now.  The FSA is also looking at revising the average percentages used for pension, from 7% for adventurous investments, down to 5% or 6%, so there is industry wide recognition that on average the stock market is going to be a little less lucrative than it was a few years ago. Thats not to say you cant still make a whopping profit, but the chances of you doing so as a first time investor are remote to say the least. My advice would be to look seriously into some of the social lending sites, where you can still easily get a 7% return with minimal risk. Whilst I do have a portfolio which is performing well overall (I am a very speculative investor), I am moving a lot of funds into Zopa.com, as I am averaging 7% return with a lot less time, effort and risk than the stockmarket.  Whatever you decide, I think its time you thought about consulting an IFA. They can help you understand what sort of risk you are willing to tolerate, which is a very important aspect of investing."}
{"_id": "345952", "title": "", "text": "Well, besides focusing on digital marketing strategies, we bring creative, strategic and technical screen based solutions to life. Creating stunning websites, driving traffic to them and converting that traffic to sales through creative strategies is precisely what we do in a no-hassle, flat pricing model. Nowsoft is the only web agency SEO to give flat pricing for PPC, again based on the number of keywords. Get more information on our services: http://webagencyseo.jigsy.com/entries/general/web-agency-seo-with-a-flat-pricing-model"}
{"_id": "345954", "title": "", "text": "Generally value funds (particularly large value funds) will be the ones to pay dividends. You don't specifically need a High Dividend Yield fund in order to get a fund that pays dividends. Site likes vanguards can show you the dividends paid for mutual funds in the past to get an idea of what a fund would pay. Growth funds on the other hand don't generally pay dividends (or at least that's not their purpose). Instead, the company grows and become worth more. You earn money here because the company (or fund) you invested in is now worth more.  If you're saying you want a fund that pays dividends but is also a growth fund I'm sure there are some funds like that out there, you just have to look around"}
{"_id": "345964", "title": "", "text": "&gt; They expected more. Anyone with Asian parents would understand.  Even though you're making a joke, yes, you're exactly right. Investors always speculate, and stock prices reflect expectations. Look at Tesla's stock. It's bleeding cash, yet its stock is flying high, because people think it is the future. There isn't even anything concrete to say that it will stay the market leader. Could happen, but no one knows for sure."}
{"_id": "346009", "title": "", "text": "The bond will rank below depositors, so it's riskier than the savings account.  The savings account is very safe if you have less than \u00a375,000 in accounts with the bank, as then it would be covered by the deposit guarantee Financial Services Compensation Scheme. Also note that bonds tend to have a fixed maturity whereas savings accounts usually let you get your money out at any time, perhaps with some notice."}
{"_id": "346018", "title": "", "text": "Process of registering business helps to structure about your firm to be different that range in several states. The most essential thing for incorporating business is to create extra tax burden and keep record of the business with administrative details. How to incorporate business are explained in below content.  It will make ideal reason for vehicle and not contains any liability of shareholders."}
{"_id": "346024", "title": "", "text": "While C/C's have 0% interest this a good mechanism to manage debt. But they expect you will pile up a large debt and at then of the interest free period you will get hammered. So plan your exit strategy.  Plan to pay off the 0% cards at the end of the int free period and pay the other cards down. Alternatively, What you could do is pay off the other cards now by drawing down on the 0% card if its possible. Then.all your debt is at 0% int. Also you are consolidating your debt into 1 account. When the int free period is over move the debt into a single personal loan if you don't plan on paying it all off immrdiatley In the meantime put you savings into an interest bearing account to maximize the value of your savings."}
{"_id": "346035", "title": "", "text": "I have the PDF of Wells Fargo bank sent by my client which also quotes the SWIFT Confirmation #.  This is just the internal reference maybe from SWIFT terminal. It just means SWIFT received the message. Nothing more. What may have happened ? It could have got stuck somewhere in correspondent Bank chain. Or may have reached ICICI NY and they are not able to apply funds to your account in the ICICI India branch for whatever reasons. What are my next steps here ?  You would need to do 2 things; First contact your ICICI bank branch with this details and ask them if they can trace it for you. Second contact your client and ask them to raise a BCNR [Beneficiary Claims Non Receipt] for this transaction with Wells Fargo. Wells Fargo is bound to investigate this. Depending on your Clients relationship with Wells Fargo, there maybe charges of around 30-50 USD. This would trace the payment via Wells Fargo to the next in chain and can identify where it was stuck or when it was credited. What more information should I ask for The information in confirmation is quite less. Talk to your client and see if you are request for Sender Reference Number [This is preserved from Wells Fargo to your ICICI bank], BIC of Wells Fargo, Immediate routing [or sender Correspondent]; i.e. which Bank the payment was sent to [Wells Fargo may send it to other Bank and then it would reach ICICI]"}
{"_id": "346042", "title": "", "text": "When you pay cash for a car, you don't always necessarily need to pay cash. You just aren't using credit or a loan is all. A few options you have are: Obviously no dealer expects anyone to just have the cash laying around for a car worth a few thousand dollars, nor would you bother going to your bank or credit union for the cash. You can simply get a cashier's check made out for the amount. Note that dealers may not accept personal checks as they may bounce.  After negotiations at the dealer, you would explain you're paying cash, likely pay a deposit (depending on the price of the car, but $500 would probably be enough. Again, the deposit can be a check or bank deposit), and then come back later on with a cashier's check, or deposit into a bank account. You would be able to do this later that day or within a few days, but since you've purchased a new car you would probably want to return ASAP!"}
{"_id": "346048", "title": "", "text": "Honestly,  I've shopped at both and found Market Basket to be better. The produce usually seems fresher. If you want to rely on it for one stop shopping, the selection at MB is broader, just because the stores are bigger and carry more name brands, and more constant. If you're in New England, a better comparison to Aldi might be Price Rite."}
{"_id": "346064", "title": "", "text": "This is a very interesting question. I'm going to attempt to answer it. Use debt to leverage investment. Historically, stock markets have returned 10% p.a., so today when interest rates are very low, and depending on which country you live in, you could theoretically borrow money at a very low interest rate and earn 10% p.a., pocketing the difference. This can be done through an ETF, mutual funds and other investment instruments. Make sure you have enough cash flow to cover the interest payments! Similar to the concept of acid ratio for companies, you should have slightly more than enough liquid funds to meet the monthly payments. Naturally, this strategy only works when interest rates are low. After that, you'll have to think of other ideas. However, IMO the Fed seems to be heading towards QE3 so we might be seeing a prolonged period of low interest rates, so borrowing seems like a sensible option now. Since the movements of interest rates are political in nature, monitoring this should be quite simple. It depends on you. Since interest rates are the opportunity cost of spending money, the lower the interest rates, the lower the opportunity costs of using money now and repaying it later. Interest rates are a market mechanism so that people who prefer to spend later can lend to people who prefer to spend now for the price of interest. *Disclaimer: Historically stocks have returned 10% p.a., but that doesn't mean this trend will continue indefinitely as we have seen fixed income outperform stocks in the recent past."}
{"_id": "346108", "title": "", "text": "You should find the certified and good condition used car dealer in Johor. You can trust  with great deals. Buy the second hand cars at best prices. Masai Auto City is one of the  most place in Johor Bahru. We have several branches that provide used car and also known as johor used car. Here, you save the money and time. We offer you active car. You can get benifits here and also check out the cars before buying. Whatever you want cars, you can select  here such as Ford, Hyundai, Nissan, Toyoto."}
{"_id": "346114", "title": "", "text": "Maybe they don't make much, but they make some for sure.  In addition to what duffbeer703 says, they also have a warm body at the end of the line and will sell your contact info (or at least access to your eyeballs) to marketers.  They stuff advertisements into your bill for example. If nothing else, you are brand value for them as they can convince merchants (who get charged monthly) that X billion people carry their card and that merchant would be missing out on sales by not accepting their product. If you have a rewards card that pays you for using it, the merchant has higher corresponding fees."}
{"_id": "346134", "title": "", "text": "Your bank doesn't care about your immigration status, it cares about your tax status. You're a US tax resident and will open a US-resident account, not an international account (regardless of where the money comes from)."}
{"_id": "346147", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.france24.com/en/20170601-us-car-sales-struggle-may-despite-record-discounts) reduced by 77%. (I'm a bot) ***** &gt; Auto makers offered big discounts over the Memorial Day holiday, but the response from US car buyers in May was not enough to definitively reverse months of sales declines.  &gt; After seven years of gains, there were further signs that US car sales have plateaued, analysts said, as monthly sales data suggested a mixed picture amid heavy incentives to lure buyers into showrooms, even as truck and SUV sales surged.  &gt; The biggest US car maker, GM, saw its sales fall 1.3 percent last month compared to the same period a year earlier.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6eqkaa/auto_makers_offered_big_discounts_over_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~134307 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **sales**^#1 **percent**^#2 **car**^#3 **truck**^#4 **consumer**^#5\""}
{"_id": "346163", "title": "", "text": "I'm sure that'll help women; you don't have to *earn* this board seat, we're just giving it to you because we need votes our way.   Ridiculous and very surprising from such a large asset manager who should know maybe a thing or two about statistics and merits."}
{"_id": "346166", "title": "", "text": "Currently the credit history are not International but are local. Many countries don't have a concept of credit history yet.   Having said that, if you are moving to US, depending on your history in your country, you can ask the same bank to provide you with a card and then start building history. For example in India I had a card with Citi Bank and when I moved to US for a short period, I was given a card based on my India Card, with equivalent credit in USD. If you are moving often internationally, it would make sense to Bank with a leading bank that provide services in geographies of your interest [Citi, HSBC, etc] and then in a new country approach these institutions to get you some starting credit for you to build a history."}
{"_id": "346168", "title": "", "text": "If you think that your parents' home is in danger, you might want to check what it would take to make sure their house is safe, and what the financial situation actually is. You are paying rent, there are brothers who may or may not be paying rent. We don't have the information, you have. Saving that house might be a worthwhile investment.  I assume that if you moved out, either rented or by buying a house, they wouldn't get any rent from you anymore and whatever the situation is, it would be much worse."}
{"_id": "346174", "title": "", "text": "It's a question of values.  If we are concerned about high taxes some people are asked to pay in support of their government, a government that supports the community that provides the wealth gathered by the rich, should we also be concerned about the high payments asked of the community for basic living?"}
{"_id": "346187", "title": "", "text": "\"As opposed to soybean processing?  That uses hexane, a known neurotoxin that leaves it's residue in the final product?  An analysis was done over the health and nutritional impact of \"\"pink slime\"\"  It was deemed perfectly safe if processed according to guidelines:  https://www.livescience.com/36367-pink-slime-bad-health-beef.html  It was an irresponsible, bullshit, sensationalist story because some people found it icky.\""}
{"_id": "346188", "title": "", "text": "\"If there's one thing the futures markets don't lack, it's leverage. It's more than even most of the most aggressive investors use.  Trading options might make more sense for some investors, but I can't think of how this would be \"\"a safer way\"\" compared to owning actual futures contracts, even at relatively high leverage.\""}
{"_id": "346193", "title": "", "text": "Linksys extender setup is as easy as opening a door lock. The thing is this you may get confused at some of the points. To provide you support, we have given live chat window on our website. You can chat with the expert team and find a solution."}
{"_id": "346199", "title": "", "text": "Seriously, you will buy a bicycle for your child on-line? And if the child said it's not what they wanted or does not fit, you will disassemble it and put in the box and return it to try another bicycle?  Same with ride-in electric car? Playground? Sand for the sandbox?  Base on what you are saying, you never ever go to a store to buy anything. You will even order milk on-line."}
{"_id": "346213", "title": "", "text": "\"replace \"\"new member acquisition\"\" with \"\"new loans\"\" and see how true your statement isn't.  ...but more fundamentally, there are two factors that exclude banks from ponzi scheme membership:  1 - the thing they create is not in finite supply (they create money at a 10 to 1 rate by encumbering future labor proceeds).  Technically, one could argue that future labor proceeds *are* the thing that does have a finite supply.  I've never seen **anyone** post an estimate of the maximum supply of future labor proceeds (which is totally adjustable via inflation).  2 - they lend at a higher interest rate than they pay.  Technically, all they have to do is keep the time value of money under control with respect of inflation over the duration of loans and they're good.\""}
{"_id": "346228", "title": "", "text": "H1B visas are not terrible, and I am not against all H1B visas. However, it is a bald faced lie to suggest the number 1, if not only, reason companies use them is to cut labor costs. These companies are not advertising they could have hired local talent, but chose to provide the job to someone from a poorer region.  I think whatever city everybody in the world wants to work or go to school, like Tokyo or London or Paris or Boston, that is going to have the world's best talent. Also, if those people go back to their homelands, they don't bring with them the ideas from the city they worked or matriculated, but rather the best ideas from all over the world.  That isn't at all what is happening in technology. There are plenty of computer science and electrical engineer majors in the USA out of work, and some making six figures with a BS degree and 3 years experience, but so many are out of work. Many of those jobs were outsourced, but the talent used was so poor, the cost to upkeep or update was so expensive, that many companies brought back the jobs to the USA. Those companies still want to hire the same low cost workers, but want them working in the USA for reasons I will spare, here. The USA talent pool is so full, and jobs so scarce, it drives down wages; not actually, because what really happens in the company is toxic to work for, and demands 16 hour days, 7 days a week, for the same great salary that may have once been 40 hours a week with fun puzzles and entertainment and space and a gym on site, etc.  Stopping H1B visas would force companies to bring back their on site gyms, large break rooms, increase work life balance, etc.  Stopping H1B visas mean a lot of billion dollar tech companies would have to pay their shareholders and executives *less* this year than last year, which is outrageous in the **race to the bottom**"}
{"_id": "346241", "title": "", "text": "This guy was a total fraud, a demagogue. Now he's in, and guess what, woops, I lied, oh well, so sue me. Now he's president and not much of anything most people can do about it beyond demand that their non-representatives in congress impeach the guy, which seems like a train that is never going to come."}
{"_id": "346264", "title": "", "text": "Again, you assume that I am going to go on a killing spree because I could care less that a turkey, which we are going to eat, is not treated nicely.  Are you kidding me?  You have no idea about me as a person, nor my station in life, yet you make assumptions based on the fact that I would rather devote my time to something that actually matters."}
{"_id": "346270", "title": "", "text": "Take them to small claims court or just forget about it."}
{"_id": "346281", "title": "", "text": "*Finally,* a safe way to milk poor stupid people without crashing the economy. I just can't work out how you double down and recover the losses from the taxpayer though? Somehow you need to shift the debt onto an industry or entity that is critical and can't be allowed to collapse. I'd love to know what the end game is."}
{"_id": "346286", "title": "", "text": "We might not find it immediately worth it, but the market for such high labor only exists because we give it that market. On the surface, we all claim we would rather work half as much if it means not advancing any further. Yet we all throw money at the economy in a way that makes it want to keep working us to death to innovate.  You ever wonder why you have to work so much, it's because this much labor is needed to sustain the demands of the people who want more production, more advancement, more things created. When you buy an iPhone X, you are telling Apple that you want them to continue hiring more people to work long hours to create better and nicer phones. When you pay more money for nicer houses instead of average houses you are telling construction companies to get more hours of labor from their workers to build you nicer things. When you buy the newest model of a car, you are telling those car companies that you want them to keep innovating and building new shit instead of halving their worker hours and making the same old cars with the same old factories.  Who is it really that is demanding all this production and labor? It's us. We are the ones that make it impossible to work 2-3 days a week and be okay, because we've convinced ourselves that we have to keep pushing forward."}
{"_id": "346307", "title": "", "text": "Home Solutions is Modular Kitchen Decorator Dealer in Mumbai, Navi Mumbai and Thane location in Maharashtra. We are the leading Home solutions (Turnkey Interior Solutions, Modular Kitchen Decorator, Home Design and Interior Solutions, Godrej Kitchen Design Solution, Offices and Apartments Designing and Decoration services) provider in Mumbai. Modular design is more popular because it divides the large system into multiple small system so that each of this small systems can perform multiple taks. Modular kitchens are considered to be one of the most required items today. It has a features like efficient space uses along with latest and trendy look have made modular kitchen to be important for every home and apartment. We also provides Apartment, Homes and Offices Designing and Decoration services in Mumbai, Navi-Mumbai and Thane Location. For more details contact on +91 9619797198 or Visit contact us page."}
{"_id": "346323", "title": "", "text": "\"Tell me a better way to express the concept of synergy, please. And ROI. Deal with it? Manage expectations? Scalability? A deliverable?  They're cliches because they represent a very real and necessary concept in business. They can be misused, but so can \"\"like\"\". And, again, some of the examples in the article are retarded.\""}
{"_id": "346334", "title": "", "text": "\"Its called propaganda. This \"\"user\"\" is a freaking bot that keeps posting anti-trump threads.   Take a look, the \"\"user\"\" has over 7,000 karma and 0 comment karma. They don't even try...  It has posted over 500 different threads in the 2 months it has been active, without making a single comment. Take a look at what all the threads are about, I'm sure you will be shocked. its probably a bot for /u/postnationalism as he loves to spam with propaganda and fake news articles too. He is probably a bought account turned to a bot too!  This sub has turned to garbage.\""}
{"_id": "346339", "title": "", "text": "&gt; Why would the executives take accept a salary at 80% of the market wage when they could just get a job at 100% of the market wage.  This may be true for managers, but research has found little to no evidence of a relationship between executive pay and performance.  There is no market for executives.  They're all on each others boards.  They get much of their pay in stock options, diluting the wealth of those shareholders you're fighting for, without telling shareholders how much they're costing them."}
{"_id": "346345", "title": "", "text": "If you want to go far upstream, you can get mutual fund NAV and dividend data from the Nasdaq Mutual Fund Quotation Service (MFQS). This isn't for end-users but rather is offered as a part of the regulatory framework. Not surprisingly, there is a fee for data access. From Nasdaq's MFQS specifications page: To promote market transparency, Nasdaq operates the Mutual Fund Quotation Service (MFQS). MFQS is designed to facilitate the collection and dissemination of daily price, dividends and capital distributions data for mutual funds, money market funds, unit investment trusts (UITs), annuities and structured products."}
{"_id": "346358", "title": "", "text": "im shorting stocks and gold.  the only way stocks and gold can go up is coz of QE3.   if no QE3, then im shorting gold and stocks.  but more gold than stocks.   and i'm holding cold hard US FIAT dollars in my mattress.    i'm letting my mattress manage my cash, nah' mean."}
{"_id": "346359", "title": "", "text": "\"I meant he is an anti American corporate left wing propaganda mogul with access to more personal information than we can even imagine.   He is an obstructionist and nothing more. There are many examples of facebook censoring right wing groups and deleting memes/posts. His campaign to fight \"\"fake news\"\" is just an attack on all speech that isn't authoritarian left.\""}
{"_id": "346368", "title": "", "text": "Your best bet is probably to find friends who are willing to pay you to order stuff for them. Or to use it to buy gift certificates at an online vendor, and either give those as gifts or find friends who'd be willing to buy them from you."}
{"_id": "346373", "title": "", "text": "Step 1: Get a part-time job in sales.  Perhaps selling appliances at Sears. Step 2: If you are great at that, then look into becoming a stock broker/investment adviser in Boise ... which is a sales job.   Step 3: If you are great at that, then you might be able to become a portfolio manager, perhaps a hedge fund manager for the clients you collected as a stock broker/ investment consultant.   That seems to be the steps I have seen from reading the bios of a number of professional investors.   The other method seems to be an MBA from a top 10 business school."}
{"_id": "346374", "title": "", "text": "Compared with a Sole Proprietorship, the main disadvantages of an S-Corporation or an LLC are that it adds a lot of management overhead (time, and possibly money if you don't do it all yourself), and there are fees you must pay to incorporate, as well as additional yearly maintenance fees which vary by state. You should be able to weigh the tax savings and liability protection against the extra costs and hassle, and see which way the scales tip. As a rule of thumb, the bigger your business gets or the more income you make, the more attractive incorporating becomes. Note there are some additional taxes that certain jurisdictions impose on business income. For example, IL and CA charge 1.5% tax, NY is less, but NYC is 8.85%! In NYC specifically, you could actually end up paying slightly more tax as an S-Corp than you would as a Sole Proprietorship. In most places though, the nominal local taxes will still be less than the FICA taxes you could potentially save."}
{"_id": "346387", "title": "", "text": "There are several things being mixed up in the questions being asked. The expense ratio charged by the mutual fund is built into the NAV per share of the fund, and you do not see the charge explicitly  mentioned as a deduction  on your 401k statement (or in the statement received from the mutual fund in a non-401k situation). The expense ratio is listed in the fund's prospectus, and should also have been made available to you in the literature about the new 401k plan that your employer is setting up. Mutual fund fees (for things like having a small balance, or for that matter, sales charges if any of the funds in the 401k are load funds, God forbid) are different. Some load mutual funds waive  the sales charge load for 401k participants, while some may not. Actually, it all depends on how hard the employer negotiates with the 401k administration company who handles all the paperwork and the mutual fund company with which the 401k administration company negotiates.  (In the 1980s, Fidelity Magellan (3% sales load) was a hot fund, but my employer managed to get it as an option in our plan with no sales load: it helped that my employer was large and could twist arms more easily than a mom-and-pop outfit or Solo 401k plan could). A long long time ago in a galaxy far far away, my first ever IRA contribution of $2000 into a  no-load mutual fund resulted in a $25 annual maintenance fee, but the law allowed the payment of this fee separately from the $2000 if the IRA owner wished to do so. (If not, the $25 would reduce the IRA balance (and no, this did  not count as a premature distribution from the IRA). Plan expenses are what the 401k administration company charges the employer for running the plan (and these expenses are not necessarily peanuts; a 401k plan is not something that needs just a spreadsheet -- there is lots of other paperwork that the employee never gets to see). In some cases, the employer pays the entire expense as a cost of doing business; in other cases, part is paid by the employer and the rest is passed on to the employees.  As far as I know, there is no mechanism for the employee to pay these expenses outside the 401k plan (that is, these expenses are (visibly) deducted from the 401k plan balance). Finally, with regard to the question asked: how are plan fees divided among the investment options? I don't believe that anyone other than the 401k plan administrator or the employer can answer this. Even if the employer simply adopts one of the pre-packaged plans offered by a big 401k administrator (many brokerages and mutual fund companies offer these), the exact numbers depend on which pre-packaged plan has been chosen. (I do think the answers the OP has received are rubbish)."}
{"_id": "346389", "title": "", "text": "The only way to hedge a position is to take on a countervailing position with a higher multiplier as any counter position such as a 1:1 inverse ETF will merely cancel out the ETF it is meant to hedge yielding a negative return roughly in the amount of fees & slippage. For true risk-aversion, continually selling the shortest term available covered calls is the only free lunch.  A suboptimal version, the CBOE BuyWrite Index, has outperformed its underlying with lower volatility. The second best way is to continually hedge positions with long puts, but this can become very tax-complicated since the hedged positions need to be rebalanced continually and expensive depending on option liquidity. The ideal, assuming no taxes and infinite liquidity, is to sell covered calls when implied volatility is high and buy puts when implied volatility is low."}
{"_id": "346395", "title": "", "text": "I was being sarcastic in response to you saying that hyperinflation happens every 30-50 years in a finance subreddit.. where the second lesson (right after time value of money) is that past results in general tell us nothing about the future."}
{"_id": "346398", "title": "", "text": "Do not do investing with a bank.  Do investing with a low cost investment company like Vanguard, Fidelity, or Charles Schwab.  The lower the expenses of the fund the better. The additional money your account earns because of lower overhead expenses is so dramatic over the course of your investing it is mind boggling to me.   The lower the expenses, the more of your money you keep, which feeds the power of compound interest. http://www.fool.com/investing/mutual-funds/2008/09/03/this-fund-charges-what.aspx"}
{"_id": "346404", "title": "", "text": "I get trying to attract companies, but then you get such a huge company in a smallish city or town, it completely dominates it. I have no idea why you would want that.   Look at the Nestle bullshit in Canada, they are clearly breaking the law, but the towns are so reliant on Nestle for tax revenue and jobs, they are literally powerless.  Small towns should do everything to discourage super large companies from setting up a head quarters in their towns.   The companies will have too much power."}
{"_id": "346407", "title": "", "text": "\"This is colloquially referred to as a \"\"pump and dump\"\" scheme. You basically buy up some stock, and then try to pump up the demand through false and misleading positive statements and market activity. You then close your position once market interest is sufficiently high. If your firm has access to high frequency trading mechanisms, you may even be able to front run other market participants attracted by your buying activities.  &gt;I am wondering what is the best route to go down.  Definitely micro-cap stocks. Things listed on the OTC markets, especially penny stocks, have this tendency to attract retail buyers just begging to be scammed. Emerging biotech firms also have a lot of potential due to investors' hopes of successful clinical trials.  I should warn you though, this is very illegal and falls under market manipulation [according to the SEC](https://www.sec.gov/fast-answers/answerspumpdumphtm.html) and can lead to up to 25 years in prison. So make sure you stay small enough to avoid the regulatory radar.  (But seriously, this belongs in r/personalfinance or elsewhere, r/finance isn't the sub you want).\""}
{"_id": "346434", "title": "", "text": "Stuart MacFarlane Jungian Analyst Stuart MacFarlane is a seasoned therapist with well over 30 years of experience in the field of psychology. He specializes in the treatment of psychological dilemmas and disorders that include depression, bipolar disorder, bereavement, anxiety, addiction and relationship counseling."}
{"_id": "346444", "title": "", "text": "What I should have done in the first place was just ask them.  From their customer support team: Thanks for writing in and for your interest in Square. It is perfectly acceptable to use Square for personal business, such as a yard sale. You do not need to have a registered business to take advantage of Square and the ability to accept credit cards. Just please note that it is against our Terms of Service to process prepaid cards, gift cards or your own credit card using your own Square account. Additionally, you may not use Square as a money transfer system. For every payment processed through Square, you must provide a legitimate good or service. Please let me know if you have any additional concerns."}
{"_id": "346449", "title": "", "text": "I've done this, but on the other side.  I purchased a commercial property from someone I had a previous relationship with.  A traditional bank wouldn't loan me the money, but the owner was willing to finance it.  All of the payments went through a professional escrow company.  In our case it was a company called Westar, but I'm sure there are plenty out here. They basically serve as the middle-man, for a fee (something like $5 a payment, plus something to set it up).  They have the terms of the loan, and keep track of balances, can handle extra principle payments and what that does to the term of the loan, etc.   You want to have a typical mortgage note that is recorded with the local clerk's office.  If you look around, you should be able to find a real estate lawyer who can set all this up for you.  It will cost you a bit up front, but it is worth it to do this right. As far as taxes, my understanding is that the property itself is taxed the same as any other property transfer.  You would owe taxes on the difference between the value of the property when you inherited it and when you sold it.  The interest you get from the loan would be taxed as regular income.  The escrow company should send you tax forms every year listing the amount of interest that you received.  There are also deductions you can take for expenses in the process."}
{"_id": "346450", "title": "", "text": "I HATE Best Buy.   Things might have changed because I don't think I have been in one for almost 2 years but I don't like overload and Best Buy is overload.  Overload in every way.   - You walk in and someone is right in your face.  - There are about 7,000 TVs and 14,000 different other screens shooting shit at your face with so much sound in the background I feel like I'm at an arcade.  - Employees are trying to sell you DVDs (*who even buys those anymore?*) and magazines or whatever rando shit they are pushing that week.   I fucking hate that place. It's like the worst retail experience I could imagine. There is nothing enjoyable about it at all. The last few times I've been have been to grab a cord or something I really need and I'm like some shell shocked Vietnam vet. I brace myself and run in as fast as possible grab whatever looks right and make a dash for the cash registers."}
{"_id": "346474", "title": "", "text": "I'm looking for ways to geared to save for retirement, not general investment. Many mutual fund companies offer a range of target retirement funds for different retirement dates (usually in increments of 5 years). These are funds of funds, that is, a Target 2040 Fund, say, will be invested in five or six different stock and bond mutual funds offered by the same company. Over the years and as the target date approaches closer, the investment mix will change from extra weight given to stock mutual funds towards extra weight being given to bond mutual funds. The disadvantage to these funds is that the Target Fund charges its own expense ratio over and above the expense ratios charged by the mutual funds it invests in: you could do the same investments yourself (or pick your own mix and weighting of various funds) and save the extra expense ratio. However, over the years, as the Target Fund changes its mix, withdrawing money from the stock mutual funds and investing the proceeds into bond mutual funds, you do not have to pay taxes on the profits generated by these transactions except insofar as some part of the profits become distributions from the Target Fund itself. If you were doing the same transactions outside the Target Fund, you would be liable for taxes on the profits when you withdrew money from a stock fund and  invested the proceeds into the bond fund."}
{"_id": "346486", "title": "", "text": "Hmmm... As far as I know wire transfers are still the best option. If you make sure your US account accepts international wires for free (like TD Bank does) you'll have eliminated most of the costs (assuming your foreign bank doesn't charge too much for wiring the funds in the first place). Also, if your able to, you could consider wiring 6 or so months at the same time. I'm not familiar with XE.com but it seems it's not set up for transferring money so much as for trading currencies. While you could probably use it to transfer funds if you'd link both your accounts it seems a rather complicated way to go about things. Paypal could be an option if they'd allow you to set up an account in each country (or if you have a relative that could help out), but it gets more expensive than wire-transfers quickly. As for getting the best exchange rate... I've given up on that a long time ago and have accepted that as the cost of living internationally :)."}
{"_id": "346495", "title": "", "text": "\"Can you tell me please, is it really hard to make international wire transfer for payment my job and can i resolve this problem without using third party services? This is mostly a barrier, the form at times is quite complicated. For Russia, one has to enter \"\"Purpose of remittance\"\" ... at times select intermediate banks, give BIC and other details. This can become unnerving to people who are not used to it.  The other option you can try is set-up a credit card gateway and get funds via cards.\""}
{"_id": "346497", "title": "", "text": "\"You might try just asking him, in private. Don't accuse him of misbehaving, just ask how you can improve, which he'll probably tell you if there is some real reason.  \"\"Hey boss, I just wanted to take a minute to check in. I'm trying hard to do a great job. Do you have any suggestions on how I can be a better team member?\"\"\""}
{"_id": "346498", "title": "", "text": "\"Is he affiliated with the company charging this fee? If so, 1% is great. For him. You are correct, this is way too high. Whatever tax benefit this account provides is negated over a sufficiently long period of time. you need a different plan, and perhaps, a different friend. I see the ISA is similar to the US Roth account. Post tax money deposited, but growth and withdrawals tax free. (Someone correct, if I mis-read this). Consider - You deposit \u00a310,000. 7.2% growth over 10 years and you'd have \u00a320,000. Not quite, since 1% is taken each year, you have \u00a318,250.  Here's what's crazy. When you realize you lost \u00a31750 to fees, it's really 17.5% of the \u00a310,000 your account would have grown absent those fees. In the US, our long term capital gain rate is 15%, so the fees after 10 years more than wipe out the benefit.  We are not supposed to recommend investments here, but it's safe to say there are ETFs (baskets of stocks reflecting an index, but trading like an individual stock) that have fees less than .1%.  The UK tag is appreciated, but your concern regarding fees is universal. Sorry for the long lecture, but \"\"1%, bad.\"\"\""}
{"_id": "346531", "title": "", "text": "&gt;Amazon is always going to be pointless for screws and nails because you can't ship that economically. You can't do items like lumber, sheet rock, or concrete due to weight. You can never ship large items due to size.  Amazon appears to be aggressively buying retailers that have physical presence in many communities.  I would not put it past them to begin buying building supply companies that specialize in delivery of bulk building materials."}
{"_id": "346535", "title": "", "text": "\"In studying the great \"\"successes\"\" in business, it's clear that those who do the best have unlimited creative and business ideas, not just one idea, but many ideas all day long everyday.  No matter what you decide for your current idea, document (write down) your process of each step that you took from idea to inception and track one or two key metrics alongside, so your list would look like this:  1. Socialize idea, goal revenue $0, total cost $0, time 26 hours 2. monitor money invested, costs, and hours of your time 3. Brainstorm: What's the quickest way to have one paying client 4. How will I track my customers? 5. How will I connect and communicate with my customers? 6. And on and on.  From having an idea to implementation to even making money or a profit is quite simple, straightforward, and any book, mentor or online free content can show you how.  What is \"\"hard\"\" is maintaining motivation, stamina, and creativity for when REAL challenges come up, because they will!   Competition swoops in, in a way you that you (and the sage commenters at Reddit) couldn't have predicted, you are audited by the IRS and then owe way more in taxes than you expected from four years ago, you are sued for a small claims or worse, or you simply get bored or inspiration strikes in your heart on another great idea.  Problems like this require REAL and thoughtful \"\"creativity and implementation\"\" on demand, all day, everyday. This is what starting a business is really about. Tracking your steps means that you can easily and quickly review what you've done and backtrack or try another idea instead of wallowing in mistakes, missteps, or hard problems. It's really much harder than it sounds, but once you can invent more ideas to solve a problem than there are problems, you can overcome most challenges.  The framework is that, you want to start a business because it serves your customers, brings them enough value and delight to pay you, and you have a way to make a living yourself and/or sell eventually or have some \"\"exit strategy.\"\"  You want an exit strategy so that your business doesn't become a poor paying \"\"job\"\" that you're a slave to. Because it does, and if it does, a job is way easier and makes you more money.  Write down each step of your business building process, track your costs, revenue, and time, and have fun.  Then, you have enough energy to \"\"pivot\"\" or change your ideas because you've set up a repeatable, improvable, process to run your next idea through with modifications along the way. You keep retrying your process for your ideas until your lifestyle is paid for (your salary) or something even greater monetarily.\""}
{"_id": "346537", "title": "", "text": "Deposit check and send a personal check (resulting in tax and IRS reporting issues) That's a bad idea, unless maybe the check you're receiving is a certified bank draft. Suppose the insurance company are crooks and the check is fraudulent. It could take weeks or months for some investigation to catch up to that, long after your own personal check was cashed by the pharmacy. The bank will then put you on hook for the 20 grand by reversing the check, even though the funds had been deposited into your account. Do not put yourself into the position of a money handler; you don't have the cash base, insurance, government protection and whatever else that a bank has. And, of course, you're being a free money handler if you do that. (You're not even compensated for postage, time and whatnot). If you're handling money between two parties, you should collect a percentage, or else refuse. That percentage has to be in proportion to the risk, since cashing a check for someone carries a risk similar to (and is effectively a form of) making a loan."}
{"_id": "346553", "title": "", "text": "I'll save you the years of trouble now. IB is bullshit now. It was good back in the day but not anymore. If you want to make money you have to go to a hedge fund, or trade for yourself (obviously you'll need capital)"}
{"_id": "346579", "title": "", "text": "Lol yeah tell that to all my teachers and professors over the years.   Anyway, your line of reasoning doesn't necessitate CEOs stick around long. Also it's factually incorrect based on all the google studies you still haven't looked at."}
{"_id": "346590", "title": "", "text": "The last thing I bought there was a barbecue for my dad.  I needed two accessories that were on display with it as well, but they didn't carry them instore.  So I had to go online to order them... from two different places.  And one of the part numbers I was given didn't match anything, so I had to call on the phone and spend about 15 minutes with someone figuring it out.  It was a less than stellar experience."}
{"_id": "346602", "title": "", "text": "If that's the case then fine - I always skip the lowest end of bookings (If price sorted) after too many bad experiences. I'll pay 20 extra if it's got better quality/reviews so if they want to rank those top for me by default they've just scored a new customer!"}
{"_id": "346610", "title": "", "text": "You can find great deals and the forums are full of other information.  I also have found when I need to find a deal on something, you can ask or find others on the forums for help. http://slickdeals.net/"}
{"_id": "346622", "title": "", "text": "If you have coins that came from a known silk road tumbler, it'd be difficult to cash out large amounts.  A little bit here and there you might get away with but if you want to run your operation on bitcoin you have to go through a lot of precautions. Bitcoin on its own doesn't let you easily avoid the law.  Bitcoin exchanges follow aml/kyc so you'd be a fool to use them with criminal activities."}
{"_id": "346628", "title": "", "text": "\"I worked for a major car rental company (not Hertz, but comparable) for quite a while, taking reservations by phone. I completely agree that the reservation system is terrible, and is only vaguely based on the reality of their vehicles in stock at best. The problem is, from a strictly business perspective, taking more reservations than they have cars is currently considered the most profitable model for them.  To play devil's advocate just a little, switching to a \"\"take only one reservation per vehicle, reserve it to 100% lock it in\"\" model is a bit more complicated than it sounds. In order to guarantee a specific car for a customer at a specific time, they either have to leave that car sitting on their lot until you rent it (not making money), or keep renting it out to other people in the interim. If they rent it out to someone else before your rental comes up, that removes the vehicle from their control. Bordering on constantly, renters don't return the vehicle within their promised schedule or return it in a damaged or otherwise unsuitable condition. To be clear I'm not trying to make excuses for the rental car company (there are many reasons I no longer work there), but it's objectively hard for them to get a specific vehicle if, say, all but one of them were in wrecks the previous night, and the person renting the last one drove it across the country without warning the rental office and refuses to come back. Those problems all get solved eventually, but that doesn't help you when you show up and can't get the car you reserved.  So, they continue to take excessive reservations, and just give people whatever they happen to have when they show up, if they have any cars at all.   There's definitely better ways to do it for the customer, but like many businesses, they'll continue to do it whatever way they determine is best for their profits.  Edit: Words.\""}
{"_id": "346641", "title": "", "text": "Consider trailing stop losses maybe 5% below your profit target, if you want a simplistic answer."}
{"_id": "346662", "title": "", "text": "If you had a time machine and could go back and tell yourself in 2005 that there would be a stretch coming up where the FFR would be held a 0% for (at least) 6 solid years you would not have believed it.  No one would have believed it.  That would have been crazy loony toon talk."}
{"_id": "346669", "title": "", "text": "The OTC market is a marketplace, the location it definitely relied on the purchaser marketplace. The OTC market is mostly used to exchange bonds among the two occasions and all this technique are executed by way of manner of the third celebration. They are able to also be used to alternate equity, such because of the OTC QX and purple marketplaces within the USA. The minamargroup is the Florida, USA situated agency, who elements their purchase investor relation with to present organization into  to make new ones.  OTC way it's far a protection traded in some context other, changing between  parties or groups inclusive of New York Stock trade."}
{"_id": "346695", "title": "", "text": "Except for the fact that China is currently industrializing, urbanizing, and is seeing rapidly rising wages among its leading industrial zones.  The China of 1890-1911 was still run by the inept government that couldn't find its collective ass with all of the hands in China.  There is simply no comparison."}
{"_id": "346697", "title": "", "text": "Lightning is a powerful force in nature. It is a global phenomenon but not uniformly distributed geographically.A single bolt of lightning can contain up to 100 million volts of electricity. With that much power, lightning damage can be extreme, beyond recovery and repair and financially devastating. Visit Us: http://www.lightningprotection.com/best-lightning-protection-system-transportation-industry/"}
{"_id": "346698", "title": "", "text": "\"Here is where you missed it in that article:  \"\" The FCC is right to reject obsolete Ma Bell era regulation that denies this basic fact.\"\"  Renders most of your reply moot. This is in fact stating for removal of NN. Its hidden among all of the anti-monopoly screaming. Cleverly I might add.   By the way its right above your highlighted line.    Edit: in case your not understanding it, those Title 2 \"\"ma bell\"\" regulations went into place in the 1930s I believe.\""}
{"_id": "346712", "title": "", "text": "If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company,  Those are income taxes right? So like, he's not saying he will be forced to fire people to maintain a viable business, he's saying he'll have to fire people to maintain his level of profits.  Of course, less profit is still profit so he wouldn't *have* to fire people, he could keep running the business as it is and just make less money...but then how would he [build the biggest house in america??](http://www.imdb.com/title/tt2125666/)"}
{"_id": "346735", "title": "", "text": "\"First of all, setting some basics: What is a sound way to measure the risk of each investment in order to compare them with each other ? There is no single way that can be used across all asset classes / risks. Generally speaking, you want to perform both a quantitative and qualitative assessment of risks that you identify.  Quantitative risk assessment may involve historical data and/or parametric or non-parametric models. Using historical data is often simple but may be hard in cases where the amount of data you have on a given event is low (e.g. risk of bust by investing in a cryptocurrency). Parametric and non-parametric risk quantification models exist (e.g. Value at Risk (VaR), Expected Shortfall (ES), etc) and abound but a lot of them are more complicated than necessary for an individual's requirements. Qualitative risk assessment is \"\"simply\"\" assessing the likelihood and severity of risks by using intuition, expert judgment (where that applies), etc. One may consult with outside parties (e.g. lawyers, accountants, bankers, etc) where their advisory may help highlighting some risks or understanding them better. To ease comparing investment opportunities, you may want to perform a risk assessment on categories of risks (e.g. investing in the stock market vs bond market). To compare between those categories, one should look at the whole picture (quantitative and qualitative) with their risk appetite in mind. Of course, after taking those macro decisions, you would need to further assess risks on more micro decisions (e.g. Microsoft or Google ?). You would then most likely end up with better comparatives as you would be comparing items similar in nature. Should I always consider the worst case scenario ? Because when I do that, I always can lose everything. Generally speaking, you want to consider everything so that you can perform a risk assessment and decide on your risk mitigating strategy (see Q4). By assessing the likelihood and severity of risks you may find that even in cases where you are comparatively as worse-off (e.g. in case of complete bust), the likelihood may differ. For example, keeping gold in a personal stash at home vs your employer going bankrupt if you are working for a large firm. Do note that you want to compare risks (both likelihood and severity) after any risk mitigation strategy you may want to put in place (e.g. maybe putting your gold in a safety box in a secure bank would make the likelihood of losing your gold essentially null). Is there a way to estimate the probability of such events, better than intuition ? Estimating probability or likelihood is largely dependent on data on hand and your capacity to model events. For most practical purposes of an individual, modelling would be way off in terms of reward-benefits. You may therefore want to simply research on past events and assign them a 1-5 (1 being very low, 5 being very high) risk rating based on your assessment of the likelihood. For example, you may assign a 1 on your employer going bankrupt and a 2 or 3 on being burglarized. This is only slightly better than intuition but has the merit of being based on data (e.g. frequency of burglary in your neighborhood). Should I only consider more probable outcomes and have a plan for them if they occur? This depends largely on your risk appetite. The more risk averse you are, the more thorough you will want to be in identifying, tracking and mitigating risks. For the risks that you have identified as relevant, or of concern, you may opt to establish a risk mitigating strategy, which is conventionally one of accepting, sharing (by taking insurance, for example), avoiding and reducing. It may not be possible to share or reduce some risks, especially for individuals, and so often the response will be either to accept or avoid the given risks by opting in or out on an opportunity.\""}
{"_id": "346760", "title": "", "text": "\"Read again what I said in my original post.  \"\"Enterprise Value is the sort of \"\"bare bones\"\" total firm value. It doesn't include any cash because you'd basically be paying cash for cash. Also, this makes analysis of transaction multiples more streamlined, as some firms may have a ton of excess cash on their balance sheet, skewing multiples.\"\"  I said that that is WHY we use enterprise value. Because if you didn't it would skew multiples.\""}
{"_id": "346762", "title": "", "text": "The fund should be reporting returns net of expenses, so your interpretation is right; it made something like 0.42% (which sounds plausible, based on current yields on short-term securities), and the 0.05% is what's left after expenses. I've never seen a regular mutual fund report raw returns before expenses.  If one does, the my personal opinion would be that they're trying to snooker you, as that number isn't actually representative of anybody's actual returns.   If you look carefully, you should be able to find a table that reports several kinds of adjusted returns for the fund: As to what happens if a fund can't earn enough returns to cover its expenses, in that case the value of the fund shares will decrease.  This happens from time to time with riskier funds.  It shouldn't happen with a money market fund because both the returns and the expenses are fairly predictable, so the fund managers should be able to avoid it, unless they get caught up in a major crisis like the 2008 banking crisis.  In ordinary times, a money market fund managers who couldn't keep expenses below income would find themselves looking for a new job fairly quickly. Finally, for what it's worth, 0.37% is a really high expense ratio for a money market fund.  If you were to shop around, you could easily find comparable funds with expenses less than half that."}
{"_id": "346770", "title": "", "text": "Your best bet is to remove the excess contribution. Your broker should have forms to do that. There is a 6% tax on the excess contributions for each year that it remains uncorrected. It would be better to just eat the $25 fee and get rid of any future headaches."}
{"_id": "346784", "title": "", "text": "\"Yes it is possible, the Google Summer of Code students have been doing so for years. They get a Prepaid card and then can spend that in there local countries. They have the billing address as Google and the shipping address as their own. A few retailers have trouble but that just their systems. The trouble people have had is more in transferring the money to their personal accounts, usually there is a charge on this transfer. Transfer money from US (\"\"prepaid\"\") VISA Debit to AU bank account\""}
{"_id": "346793", "title": "", "text": "While I've never used the service, there's also Amazon Flexible Payments Services (AFPS): (emphasis below is mine) Amazon Flexible Payments ServiceTM   (Amazon FPS) is the first payments   service designed from the ground up   for developers. It is built on top of   Amazon\u2019s reliable and scalable   payments infrastructure and provides   developers with a convenient way to   charge Amazon\u2019s tens of millions of   customers (with their permission, of   course!). Amazon customers can pay   using the same login credentials,   shipping address and payment   information they already have on file   with Amazon. [...] Considering Amazon.com is an e-commerce heavyweight, it might be worth a look."}
{"_id": "346841", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-28/more-americans-are-falling-behind-on-student-loans-and-nobody-quite-knows-why) reduced by 88%. (I'm a bot) ***** &gt; By. More student debtors are falling behind on their federal student loans, after three years of declines in late payments-and with no clear explanation, experts aren&amp;#039;t sure whether to take it as a sign of distress or a temporary blip.  &gt; Michael Tarkan, who tracks student debt as director of research at Washington-based Compass Point Research &amp; Trading, offered three other possibilities for why more borrowers are falling behind.  &gt; In recent years, companies like Social Finance Inc., known as SoFi, have been making new student loans to high-earning Americans with sterling credit to pay off their federal student debt.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73bb2m/now_here_is_an_example_of_someone_that_is_really/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219224 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **year**^#1 **borrowers**^#2 **loan**^#3 **student**^#4 **Department**^#5\""}
{"_id": "346843", "title": "", "text": "I would look for an alternative wire transfer service that will charge less. I use ofx, but note that they don't do transfers to roubles. The rate adjusts by amount being transferred and there is a $15 fee for under $5000. Upside is it is bank-to-bank. 2 days tops."}
{"_id": "346852", "title": "", "text": "\"I don't think credit cards support depositing money into to begin with. Anyone could deposit money to a Credit Card acccount.  All they need is your bank's name, Visa/Mastercard, and 16 digit number.  It is done through the \"\"Pay Bills / Make Payments\"\" function in online banking.  So tell me, what does it mean that PayPal will transfer the money to my VISA card You can use the new balance for spending via Credit Card, the effect is same as making a payment from your chequing account to credit card account.  Will it simply just get transferred to my bank account by the local bank after that Some banks would refund the excess amount from your Credit Card to your Chequing Account after a while, but most don't. People keep credit balance on credit card to make a purchaes larger than credit limit. For example, if your credit limit is $1000, balance is $0, and you made $500 payment to the credit card, you can make a purchase of $1500 without asking for credit limit increase.\""}
{"_id": "346859", "title": "", "text": "A few things. First, in order for Tesla to succeed there needs to be a market for electric cars, Tesla alone cannot create a market for electric cars. They could have the best battery design in the world and nobody will care if nobody wants electric vehicles. The next is Tesla got a head start, and is a darling company in the public eye. People love Elon, and Tesla is portrayed as a very cool company in the public eye. The last thing that I think is important is that I don't believe Tesla released anything about their manufacturing techniques. Knowing how a battery is made is cool, but if you can't build it efficiently and affordable t doesn't matter if you know how it's built."}
{"_id": "346882", "title": "", "text": "Yes, indeed.  For example, Ford Motor Company's website has a bit about them. Is there any advantage to having an actual physical note instead of a website? You can safeguard them yourself.  Which may or may not be a good thing.  It certainly brings up a bit of hassle and extra costs if you want to sell them.  Though you can have lost certificates replaced, so there is more to it than just having physical possession of the certificates."}
{"_id": "346894", "title": "", "text": "Even experts have no real certainty what the market will do as a whole. 2/3's of managers fail to beat the market every year. I think this is mostly due to hedging and trying to meet their investors needs. If. You buy and hold a few index ETFs you will most likely beat actively managed accountsn that said, you will sacrifice liquidity if you want to avoid cyclical losses."}
{"_id": "346900", "title": "", "text": "\"You're right. It actually isn't too long. I've certainly read much longer articles but the author just is not effectively communicating. When the writer tells you to \"\"refresh your drinks...\"\" that's a sign that even *they* think it's not going to be a quick summary of the situation. If it were a more compelling read then I'd slog through it but the author's ramblings are not enough to keep my attention.\""}
{"_id": "346924", "title": "", "text": "\"The S&P 500 index is maintained by S&P Dow Jones Indices, a division of McGraw Hill Financial. Changes to the index are made periodically, as needed.  For Facebook, you'll find it mentioned in this December 11, 2013 press release (PDF).  Quote: New York, NY, December 11 , 2013 \u2013 S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, MidCap 400   and S&P SmallCap 600 indices after the close of trading on Friday,   December 20: You can find out more about the S&P 500 index eligibility criteria from the S&P U.S. Indices methodology document (PDF).  See pages 5 and 6: Market Capitalization - [...] Liquidity - [...] Domicile - [...] Public Float - [...] Sector Classification - [...] Financial Viability - Usually measured as four consecutive quarters of positive as   reported earnings. [...] Treatment of IPOs - Initial public offerings should be seasoned for 6 to 12 months   before being considered for addition to an index. Eligible Securities - [...]   [...]   Changes to the U.S. indices other than the TMIX are made as needed,   with no annual or  semi-annual reconstitution. [...] LabCorp may have a smaller market cap than Facebook, but Facebook didn't meet all of the eligibility criteria \u2013 for instance, see the above note about \"\"Treatment of IPOs\"\" \u2013 until recently. Note also that \"\"Initial public offerings should be seasoned for 6 to 12 months\"\" implies somebody at S&P makes a decision as to the exact when. As such, I would say, no, there is no \"\"simple rule or formula\"\", just the methodology above as applied by the decision-makers at S&P.\""}
{"_id": "346954", "title": "", "text": "You guys know that you don't need to use itunes right?  Winamp can load/unload ipod devices just fine.  There are other good alternatives too.  I just use my phone now but itunes was so terrible I barely ever used it with my ipod when I was still using it."}
{"_id": "347004", "title": "", "text": "Manufacturer of\u00a0Quartz\u00a0Powder in India http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php Shri Vinayak Industries is a prominent supplier and Manufacturer of Quartz Powder in India. Quartz is the most common mineral which is composed of silicon and oxygen and its chemical composition is silicon dioxide, SiO2. It is chief component of igneous, sedimentary and metamorphic rocks. Quartz is very durable and its durability makes it most commanding mineral. Its size varies from small particles to metric ton. Quartz Stone in its pure form is colorless, but generally it is colored by impurities"}
{"_id": "347010", "title": "", "text": "One of the reasons, apart from historical, is that different people have different tax liabilities which the employer may not be aware of. For example, in the US we don't pay taxes in source on investment income, and there are many credits and deductions that we can't take. So if I have a child and some interest income from my savings account - employer's withholding will not match my actual tax liability. There are credits for children, additional taxes for the interest, and the actual tax brackets vary based on my marital status and filing options I chose. So even the same family of two people married will pay different amounts in taxes if they chose to file separate tax returns for each, than if they chose to file jointly on one tax return. For anyone who've lived anywhere else, like you and me, this system is ridiculously complex and inefficient, but for Americans - that works. Mainly for the reason of not knowing anything better, and more importantly - not wanting to know."}
{"_id": "347015", "title": "", "text": "Development of forward and backward linkages is also facilitated by such startup advisors. These assistances are bred out of their expertise in different verticals of the economy and their accumulated knowledge about the best practices and potential fault zones.For More Info:- http://www.startupmentor.co.in/"}
{"_id": "347036", "title": "", "text": "I'm sorry, does this somehow change the fact that your original comment is wrong?   I make about 7 times minimum wage. I have no direct personal interest in having it raised.  People shouldn't be able to work 40 hours a week and still have to collect government benefits to make ends meet.  That is essentially corporate welfare, with the government paying the difference between what wal-mart pays its employees and what they actually need to live."}
{"_id": "347050", "title": "", "text": "Ordinarily a cosigner does not appear on the car's title (thus, no ownership at all in the vehicle), but they are guaranteeing payment of the loan if the primary borrower does not make the payment. You have essentially two options: Stop making payments for him.  If he does not make them, the car will be repossessed and the default will appear on both his and your credit.  You will have a credit ding to live with, but he will to and he won't have the car. Continue to make payments if he does not, to preserve your credit, and sue him for the money you have paid.  In your suit you could request repayment of the money or have him sign over the title (ownership) to you, if you would be happy with either option.  I suspect that he will object to both, so the judge is going to have to decide if he finds your case has merit. If you go with option 1 and he picks up the payments so the car isn't repossessed, you can then still take option 2 to recover the money you have paid.  Be prepared to provide documentation to the court of the payments you have made (bank statements showing the out-go, or other form of evidence you made the payment - the finance company's statements aren't going to show who made them)."}
{"_id": "347064", "title": "", "text": "\"Nope, you don't get what I mean.  If you put a statement that is not only incorrect, but shows bias, you will get laughed at by anyone.  Export means that you take something and then sell them to someone else.  That's a positive, and actually exists (though still not quite the correct terminology, it is more apt).  For example, the Philippines exports maids to the Middle East.  That helps the Filipino economy, unlike what you are saying.  But the other thing is that by saying \"\"export\"\", you are already assuming a net loss of jobs, which would not only goes against 90% of economists beliefs, and is the equivalent of starting an abortion debate with, \"\"why do you kill unborn babies\"\", and when anyone corrects you, you claim pedantry.  You already showed your bias and pretty much invited a circle jerk by using those words.  Which may be fine reddit, where the hive mind laps this up, but ask anyone who's gone beyond studying Macroeconomics, and you won't be taken seriously.  The choice is yours, do you want a circle jerk, or do you want to engage in an actual conversation?\""}
{"_id": "347072", "title": "", "text": "\"Assuming you've got no significant prepayment penalty, I would think about getting a longer mortgage, but making payments like it was a shorter mortgage. This will get the mortgage paid off in a shorter time period - but if you run into financial difficulties and/or find a better use for your money, you can drop back to paying the minimum necessary to retire the loan in 30 years without needing to refinance. (If you need to reduce your payments because you're between jobs, you don't have a very good negotiating position).  For the most part, there's nothing that says you can only make one payment per month, or that it must be in the amount printed on the statement. If you want to, you can make payments weekly (or biweekly, or every 4 weeks) which typically means that you'll pay more every year. If your mortgage payments are $1000/month, that's $12,000 per year. If you tell yourself that 1000/month = $250 weekly and make yourself send a payment every week (or 500 every 2 weeks), you'll end up paying 250 * 52 = $13,000 per year, without particularly feeling the difference, especially if you get paid on a weekly/biweekly schedule instead of monthly or semi-monthly. Also, by paying more often, you're borrowing a tiny bit less money over the course of the year (because the money didn't sit in your account waiting until the 1st of the month to make a payment) so you save a little in interest there, too.  Think of \"\"30 years\"\" or \"\"10 years\"\" as the basis for a minimum payment schedule, not necessarily the length of time that you or the lender really intend to keep the loan.\""}
{"_id": "347098", "title": "", "text": "Tax is payable on one's income in India. All funds are not necessarily income as long as they can be proven not to be an income, for instance a interest free loan & return of its capital. Otherwise, yes the fund can be considered to be income. In your case, from a practical purpose, the 200-300 Rs. transfers per month, if you get audited by IT Dept., perhaps would be discretionary considered to be non-income by the auditing office. Again, from a practical perspective, if Indian IT dept. ever audits you, it perhaps will be for a much larger liability and 200-300 Rs. transfer per month may not matter much."}
{"_id": "347103", "title": "", "text": "I'd say scuttle the company so the guy can't keep his evil master plan going. Get all of the stores to mark everything $1, clear the inventory, and then walk away. Let Sears die, rather than this life support torture scenario this guy is pulling. Maybe then he'll sell the name to somebody who wants to make something out of it."}
{"_id": "347109", "title": "", "text": "A standing order is still the right way to do this. Most bank accounts have online access and will let your customer setup the standing order online, without having to fill in a paper form."}
{"_id": "347113", "title": "", "text": "How is Floyd bad with money? I'm going to need you to explain that if you're going to make statements like this... This is a guy who owns several businesses, brands, and has an investment portfolio that would make anyone's mouth water. He's incredibly good at making money, so even though he's extravagant and flaunts his money, that doesn't mean he's making bad financial decisions... he can afford to spend it, so why the fuck shouldn't he?  You just hate him cuz he's a dick that makes life look easy as fuck... get over yourself"}
{"_id": "347115", "title": "", "text": "&gt; Sure, you don't agree, don't know why don't agree, can't explain why you don't agree... because you like to disagree for the purpose of disagreeing.  Oh please. You're the one who started attributing disagreements to me about things I never said.   &gt; What don't you disagree with?  OK, I'll bite.  &gt; Susan is no good?  She made a grave mistake. Can't speak to the totality of her career based on this one incident.  &gt; Got her job in a corrupt way?  No public information sources I've seen support such an allegation.   &gt; her degrees show she was not born interested in security (except for fat pay checks)?  Her degree shows that in her youth she was more interested in music; her career history, on the other hand, demonstrates an interest in security. Alleging that her interest was solely based on pay is pure speculation.  &gt; people with IT degrees are more a match, suitable and qualified for security jobs, especially when they have specific on-hand experience?  People with specific, recent experience (Susan had 14 years), are more qualified than people with an outdated IT degree. Between two people with identical experience, the IT degree might help tip the scales. Still, her role was administrative, not hands-on, so specific technical skill sets are less important than management skills for this role.  &gt; HR does not care about employees?  Good HR does.  &gt; real experts have to fight HR and terrible management... and usually lose because of this whole corrupt setup?  Real security experts are not often also experts in HR and management, so aren't qualified to judge qualifications or actions of taken in those contexts as they are unlikely to have a clear view of the overall situation. Claiming that the HR and management setup is systemically corrupt is a specious claim."}
{"_id": "347119", "title": "", "text": "I think you missed what I was actually trying to say. The days of the college dropout becoming a mega millionaire due to the sheer luck of being involved in the computer age in the 90's is gone.  I didn't say people still couldn't make good money."}
{"_id": "347122", "title": "", "text": "Mismanaged companies are a commodity that can be turned into profitable companies.  Companies like Bain invest in companies that would probably go bankrupt otherwise, shuffle things around (usually firing some people, sometimes a lot), and sell the company to someone now that it's profitable at an exorbitant rate.  I don't like many investors outsource to China, but when a private equity firm gets involved with your company, those jobs don't have long to begin with."}
{"_id": "347129", "title": "", "text": "&gt; Smith earned $15 million in total compensation in 2016, including a $1.5-million base salary and $7.3 million in stock awards, according to the company\u2019s securities filings.  &gt; As of Dec. 31, his pension was valued at $18.4 million, the filings showed. Smith is entitled to that pension \u201cunder any circumstances,\u201d Gutzmer said."}
{"_id": "347133", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-02/libya-s-oil-production-said-to-exceed-1-million-barrels-a-day) reduced by 75%. (I'm a bot) ***** &gt; Libya&amp;#039;s oil production has climbed to more than 1 million barrels a day for the first time in four years just as oil prices capped the longest run of gains in six months after U.S. shale explorers paused a record drilling expansion.  &gt; Libya&amp;#039;a oil output has rebounded from only 690,000 barrels a day at the start of the year, with Sharara, the country&amp;#039;s largest oil field, resuming production last month.  &gt; State National Oil Corp. Chairman Mustafa Sanalla said in April he wanted to boost national output to 1.1 million barrels a day by August.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kwqac/libyas_crude_output_hits_a_new_high_just_as_oil/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157830 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **day**^#1 **barrels**^#2 **oil**^#3 **million**^#4 **production**^#5\""}
{"_id": "347135", "title": "", "text": "Mr. Kushagra Bajaj is vice chairman of Bajaj Hindusthan Limited. Bajaj Group are leaders in sugar, ethanol, power, co-generation, fmcg, hair oil, ayurveda, almond, kailash parbat, lalitpur, bargarh, chitrakoot, brahmi amla, bajaj, amla, shikakai, jasmine, energy, infrastructure, wood, coal, wood alternatives, csr, foundation, kamalnayan, jamnalal, realty, generation, molasses, laminated flooring, tel, hair, hair care. Kushagra Nayan Bajaj is also Joint Managing Director of Bajaj Hindusthan Ltd."}
{"_id": "347137", "title": "", "text": "\"Here's a very basic MySQL query I put together that does what I want for  income/expense report. Basically it reports the same info as the canned income/expense report, but limits it those income/expenses associated with a particular account (rental property, in my case).  My main complaint is the output \"\"report\"\" is pretty ugly. And modifying for a different rental property requires changing the code (I could pass parameters etc). Again, the main \"\"issue\"\" in my mind with GnuCash income/expense report is that there is no filter for which account (rental property) you want income/expenses for, unless you set up account tree so that each rental property has its own defined incomes and expenses (i.e. PropertyA:Expense:Utility:electric).  Hopefully someone will point me to a more elegant solution that uses the report generator built into GnuCash. THanks! SELECT a2.account_type , a4.name, a3.name, a2.name, SUM(ROUND(IF(a2.account_type='EXPENSE',-  s2.value_num,ABS(s2.value_num))/s2.value_denom,2)) AS amt FROM    (     SELECT  s1.tx_guid     FROM    gnucash.accounts AS a1         INNER JOIN gnucash.splits AS s1 ON s1.account_guid = a1.guid     WHERE   a1.name='Property A'         ) AS X     INNER JOIN gnucash.splits s2 ON x.tx_guid = s2.tx_guid     INNER JOIN gnucash.accounts a2 ON a2.guid=s2.account_guid     INNER JOIN gnucash.transactions t ON t.guid=s2.tx_guid     LEFT JOIN gnucash.accounts a3 ON a3.guid = a2.parent_guid     LEFT JOIN gnucash.accounts a4 ON a4.guid = a3.parent_guid WHERE   a2.name <> 'Property A' # get all the accounts associated with tx in Property A account (but not the actual Property A Bank duplicate entries.         AND t.post_date BETWEEN CAST('2016-01-01' AS DATE) AND CAST('2016-12-31' AS DATE) GROUP BY a2.account_type ,a4.name, a3.name, a2.name  WITH ROLLUP ; And here's the output. Hopefully someone has a better suggested approach!\""}
{"_id": "347143", "title": "", "text": "This is to protect your position in specific highly volatile market conditions.  If the stock is free falling and you only have a stop order at $90, it's possible that this order could be filled at $50 or even less. The limit is to protect you from that, as there are certain very specific times where it's better to just hold the stock instead of taking a huge loss (ie when price is whipsawing)."}
{"_id": "347149", "title": "", "text": "Greetings! I\u2019m bored to death at work so I decided to browse your site on my iphone during lunch break. I really like the info you provide here and can\u2019t wait to take a look when I get home. I\u2019m surprised at how quick your blog loaded on my mobile .. I\u2019m not even using WIFI, just 3G .. Anyways, very good site and posts too!"}
{"_id": "347151", "title": "", "text": "Deposits into NRE account can only be done from funds outside India. So your brother cannot deposit into your NRE account.  He can deposit in NRO account or directly wire transfer the funds. Both these require some paper work depending on the amount."}
{"_id": "347169", "title": "", "text": "yeah, it does but I got burned so many times by very bad support from black sounding voices with specific accents... after all it just applies only to Afro-Americans from specific areas, hardly racist, rather a cultural racism ;)  and sadly even my black friends agree with that."}
{"_id": "347177", "title": "", "text": "It is a UAE's helpful E-business store, and this interesting stage focuses on offering predominant quality items at moderate cost. The purchaser is their need, and furthermore, we trust in long haul connections they draw in their high to offer you inconvenience free administrations. Shopallitem is one of the best Dubai online shopping sites, who offering entrance accompanies a stunning scope of items at a moderate cost. With the expanding fever for the web world, practically everything now-a-days is open on the web. Web is currently joy for every one of the individuals who love to shop."}
{"_id": "347181", "title": "", "text": "I'm 23 and working in finance after graduating with a degree in finance from University of Wisconsin. I can tell you that you that if you work hard to get relevant internships during the summer months between semesters, you won't have any issues getting a job in finance. However, if you decide to go the computer science route (like my two roommates did), you won't have any troubles finding a job. However, you will have way more opportunities to choose from if you have relevant internship experience.    Long story short, work hard to get a good GPA and line up internships for the summer, but you should also make sure that you're having fun during the school year."}
{"_id": "347186", "title": "", "text": "Tax liability in US: You would need to determine if you are a resident alien or non resident alien. Resident alien are taxed normally as per US citizens. For the annual remuneration you have quoted it would be in the range of 25%. Refer http://www.moneychimp.com/features/tax_brackets.htm  To determine if you are resident alien or non resident alien, you need to be present for certain period in US. There is also an exemption even if you meet this you can still be treated as non resident alien if your tax home is outside US [India in this case] Refer to the link for details to determine your category, the durations are for number of days in financial year, hence it matters when you are in US and the exact durations. http://www.irs.gov/taxtopics/tc851.html Also note that if you are assessed as resident alien, even the income from India will be taxed in US unless you declare there is no income in India. Tax liability in India: The tax liability in India would be depending on your NRI status. This again is tied to the financial year and the number of days you are in country. While the year you are going out of India you need to be away for atleast 183 days for you be considred are NRI. So if you are treated as Indian resident, you would have to pay tax in India on entire income. In the worst case, depending on the period you travel and the dates you travel, you could get classified as citizen in US as well as India and have to pay tax at both places. India and US do not have a dual tax avoidance treaty for individuals. Its there for certain category like small business and certain professions like teacher, research etc."}
{"_id": "347188", "title": "", "text": "\"Saying that sales go online doesn't mean that a typical JC Penny shopper just goes to their site.  These people are going to google, shopping engines and Amazon.   \"\"Upping your online sales\"\" isn't that simple.  If the majority of shoppers are searching google and your listings don't show up, then that potential customer is going else where.   You could pay for PPC ads but return on investment on PPC can suck depending on your market and for products that have a long life cycle return happy customers could be years before they return.  Even worse, if JC Penny and Sears DID want to compete online their prices aren't really all that great either, so even if you landed on their site, chances are you can find it cheaper else where, and their overhead (from stores, and employees) makes it hard to cut prices to compete.\""}
{"_id": "347189", "title": "", "text": "Being long something is the same as owning it (generally). Being short something is the same as selling it, with the intention (actually obligation) of buying it back in the future. Being 'short' means that you benefit when the price falls.  A call is the right to buy a financial asset, most often a share, at some price agreed upon now, while the the right extends for some defined time into the future. A put is the right to sell something you already own for some price defined now but the right extends for some period into the future.  A swaption is an option to enter into a swap. A swap is an agreement to trade cash-flows at defined points in the future, usually some fixed rate for some floating rate (say LIBOR+200bps).  EDIT: Clarified puts."}
{"_id": "347198", "title": "", "text": "Surely the yield should be Yield = (Rent - Costs) / Downpayment ? As you want the yield relative to your capital not to the property value. As for the opportunity cost part you could look at the risk free rate of return you could obtain, either through government bonds or bank accounts with some sort of government guarantee (not sure what practical terms are for this in Finland). The management fee is almost 30% of your rent, what does this cover? Is it possible to manage the property yourself, as this would give you a much larger cushion between rent and expenses."}
{"_id": "347217", "title": "", "text": "Indian workers are hard to manage.   I work in Japan as a consultant managing offshore development projects. The Indian companies are not doing that well here. They cannot deliver, and the Indian companies themselves are very slow to move. They are not even landing the jobs because Indian expat execs are too slow.   I have noticed that they are using development centers in the US and China as well to support global contracts. The reason is that Indian workers stay on the job for little longer than 3 mos before they move onto a better position. They are only interested in status climbing because the companies are nickeling and diming them while management charges much the same as a local Japanese integrators.  On the few occasions they have tried to recruit me, even though I agreed to take a salary reduction (lehman shock) and meet their conditions, they were too wishy washy made the proposal late and never hired me. Overall way too flaky."}
{"_id": "347242", "title": "", "text": "\"You get to keep the money if, and only if, you confirm with both parties (the loan and the mattress companies) that you received a refund twice, and both parties agree that they know that with no miscommunication, and they both agree to let you keep it.  In writing.  And even then it might be shifty depending on amounts. Generally speaking, you should not consider the money yours.  It was refunded in error, after all.  And it would have made more sense to confirm your communication before you deposited it, and you maybe shouldn't have moved it into savings, either - that looks kinda shifty, like keeping the money unavailable.  Planning to keep it - or even just keep it \"\"till the shoe drops\"\" - looks an awful lot like fraud.  As in, the crime.  Taking or keeping money that doesn't belong to you, when you know it doesn't belong to you, is stealing.   Since you know you got the payment in error, it is your responsibility to make at minimum a reasonable effort to make sure the money goes where it was intended to go - and by \"\"reasonable effort\"\" I mean roughly what kind of effort the companies should put in, in your view, if the error had worked out the other way with neither paying you back.   At what point, if any, should they consider the money theirs, in the reversed situation? Depending on the amount involved, and the companies' attitudes, it is possible (not necessarily likely, but possible) that each company will hear your story, and respond (confirmed, in writing) that they have no problem letting you keep the payment from their company.  In the companies' view, this might be about how much it would cost to recoup the amount (and is thus more likely for very small amounts), or else writing off the cost for customer service or PR. If both companies do this, you have the money free and clear.  But I would not depend on this, companies have just as much reason to want money as you do - especially when belongs to them.\""}
{"_id": "347269", "title": "", "text": "\"The term for money owed to you by a company would be a credit balance.  Consider, when an item is credited to your account, it's in your favor. Whereas, money you owe to a company may be referred to simply as a balance, or balance owing, or less frequently a debit balance.  A related term balance due would be the payment you owe in the current period, i.e. not representative of the entire amount owed. I don't think the terms \"\"positive balance\"\" or \"\"negative balance\"\" are considered idiomatic in business.  Rather, accounting terms like debit and credit have taken hold instead \u2013 and are often a source of confusion. But I suggest that if you have a negative balance on a credit card, it's a credit balance in your favor.  Unless they mix it up.\""}
{"_id": "347314", "title": "", "text": "AdrianaJewelry is California's No.1 jewelry shop that showcases high quality personalized jewelry with strikingly exquisite designs. You can buy the all jewelry online on our website. Our  aim is  at revolutionizing real jewelry and lifestyle scenario in all over the world with a company focus on craftsmanship, quality and user experience. We have different type of jewelry such as Baby earrings, turquoise jewelry, gold studs, gold heart necklace, name necklace and much more."}
{"_id": "347315", "title": "", "text": "They're all in one place. The OCC provides: http://www.optionsclearing.com/webapps/flex-reports"}
{"_id": "347333", "title": "", "text": "London Loft Conversions Experts\u00a0- Lofts\u00a0Life\u00a0are premier\u00a0loft conversion specialists\u00a0providing luxury, high-quality\u00a0loft extensions\u00a0within the\u00a0London\u00a0area. The different types of loft conversion that is suitable for your property will depend on many different aspects of your loft. We are the leading experts in loft conversions, extensions, and refurbishments, committed to providing our customers with the highest level of service and construction possible.\u00a0 Our extensive portfolio of satisfied loft conversions and house extension clients reflects our dedication in providing a first class service. http://www.loftconversions.uk.net/loft-conversions/"}
{"_id": "347348", "title": "", "text": "You realize that most of the money raised through the IPO process doesn't go into the company's bank account? Those shares were shares that were held by the investors and original owners and it's those prior pre-IPO shareholders that got their money back along with a tidy profit.  The cash on its books was there before the IPO, and after. The IPO process was more about a change in stock owners ship than anything else.   Edit - as the SEC disclosure mentioned in comments below states, the Facebook IPO raised $6.7B for facebook's use, the rest of the transaction was from the investors selling their shares. Mark Zuckerberg still owns more than 55% of shares outstanding. The $6.7B is still about 10% of the company value. Nothing to ignore, but clearly, 'most' of the money from the IPO didn't go to the company."}
{"_id": "347404", "title": "", "text": "And who do you trust to sell you a quality product? Someone so enamored with a company they will take a pay cut just to work with it, and only it? Or someone working for respectable living, just like you, who has several alternative choices in stock."}
{"_id": "347411", "title": "", "text": "Too expand on /u/stoneeus, mortgage rates were/are also heavily influenced by the FED QE program, which holds about $4.5T in mortgage-backed securities and treasuries on the FED's balance sheet. The FED has been holding this balance steady since it ended the QE program a couple years ago, purchasing new securities as old ones mature. However, the FED has started signalling that they are going to end these purchases and let their portfolio wind down. Once that happens, you'll start to see mortgage rates rise."}
{"_id": "347413", "title": "", "text": "You have not specified what country you are in. That radically changes everything. In case you are in Canada, there's a great blog that covers bankruptcy and student loans, at http://student-loan-bankruptcy.ca/. Fundamentally, in order to discharge government-backed student loans, you must have ceased to be a student for at least seven years prior to filing. Even then, though, the government can object, in which case you will still have to repay some or all of the loan. More generally, given that the collection agency appears to be operating in bad faith, you'll want to ensure that they send you written documentation of any offer they are extending you. If they refuse to do this, you should assume that they aren't actually offering you anything at all and you will have to pay back the full amount plus interest and penalties. Note that, in many countries, if you settle the debt (that is, pay anything less than the full amount plus interest and penalties), this will be a black mark on your credit report. In this case, if you repaid the full $16,000 and they forgave the extra $4,000, they would most likely still add a note to your credit report indicating that you did not pay the full amount that you owed, and this will negatively impact your credit rating even beyond your late payments."}
{"_id": "347448", "title": "", "text": "Drapery panels will instantly add a pop of texture and colour to any room. Go for neutral fabrics that can complement many different shades for a stylish touch. They should easily go with any type of furniture or interior design, too."}
{"_id": "347480", "title": "", "text": "\"Friedman (and libertarian philosophy) has a lot of good ideas when it comes to the general economy. But, healthcare is one of those things that, in my opinion, should not be left up to a \"\"free market.\"\" Arguably we do not have a free market anyway, so all the more reason not to hand our lives and well being over to profit seeking corporations. If we had actual competition and the government nurtured good business practices (instead of corruption) then I would have more confidence in deregulation. I think the waste/inefficiency that government introduces does less damage than immoral profit seeking on the backs of sick people.\""}
{"_id": "347481", "title": "", "text": "Hard work, intelligent purchases, learning to cook and be handy, not giving to every impulse, not gambling, not blowing your money on drugs and alcohol, putting the effort into a small business, and working long hours are also luck, apparently. TIL"}
{"_id": "347494", "title": "", "text": "I agree. China is implementing much harsher emissions standards that will push everyone to make  and sell electric cars. Tessa would be foolish to miss out on that market. As for the US, Tesla always misses deadlines. They'll eventually make enough cars, even if they need another factory to do it."}
{"_id": "347510", "title": "", "text": "Not quite. The EPS is noted as ttm, which means trailing twelve months  --- so the earnings are taken from known values over the previous year. The number you quote as the dividend is actually the Forward Annual Dividend Rate, which is an estimate of the future year's dividends. This means that PFE is paying out more in the coming year (per share) than it made in the previous year (per share)."}
{"_id": "347515", "title": "", "text": "Toyota learned from W. Edwards Deming back in 1950. He taught them with better quality and lower costs you can capture the market with better quality and lower price.   This is the DEMING CHAIN REACTION.  GM, Ford, and Chrysler hired Deming in the 1980s but never adopted his philosophy as completely as the Japanese."}
{"_id": "347518", "title": "", "text": "http://www.vistageconnect.com -- Marketing guru David Avrin explains how truly creative, effective marketing messages come directly from a company's ability to communicate effectively within its own team. Avrin also describes the best practices in building the kind of unique environment that enables creative styles of communication."}
{"_id": "347521", "title": "", "text": "\"It's not either or.  Much of the time the value of the stock has some tangible relation to the financial prospects of the company. The value of Ford and GM stock rose when they were selling a lot of cars, and collapsed when their cars became unpopular. Other companies (Enron for example) frankly 'cook the books' to make it appear they are prospering, when they are actually drowning in debt and non-performing assets. So called \"\"penny stocks\"\" have both low prices and low volumes and are susceptible to \"\"pump and dump\"\" schemes, where a manipulator buys a bunch of the stock, touts the stock to the world, pointing to the recent increase in price. They then sell out to all the new buyers, and the price collapses.  If you are going to invest in the stock market it's up to you to figure out which companies are which.\""}
{"_id": "347523", "title": "", "text": "according to the SEC: Shareholder Reports A mutual fund and a closed-end fund respectively must provide   shareholders with annual and semi-annual reports 60 days after the end   of the fund\u2019s fiscal year and 60 days after the fund\u2019s fiscal   mid-year. These reports contain updated financial information, a list   of the fund\u2019s portfolio securities, and other information. The   information in the shareholder reports will be current as of the date   of the particular report (that is, the last day of the fund\u2019s fiscal   year for the annual report, and the last day of the fund\u2019s fiscal   mid-year for the semi-annual report).  Other Reports A mutual fund and a closed-end fund must file a Form N-Q each quarter   and a Form N-PX each year on the SEC\u2019s EDGAR database, although funds   are not required to mail these reports to shareholders. Funds disclose   portfolio holdings on Form N-Q. Form N-PX identifies specific   proposals on which the fund has voted portfolio securities over the   past year and discloses how the fund voted on each. This disclosure   enables fund shareholders to monitor their funds\u2019 involvement in the   governance activities of portfolio companies. which means that sixty days after the end of each quarter they will tell you what they owned 60 days ago. This makes sense; why would they want to tell the world what companies they are buying and selling."}
{"_id": "347544", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.spiegel.de/international/world/monsanto-papers-reveal-company-covered-up-cancer-concerns-a-1174233.html) reduced by 95%. (I'm a bot) ***** &gt; The email, sent on Nov. 22, 2003, is one of more than 100 documents that a court in the United States ordered Monsanto to provide as evidence after about 2,000 plaintiffs demanded compensation from Monsanto in class-action suits.  &gt; &amp;quot;Glyphosate is on for an IARC review in March of 2015.&amp;quot; A month later another Monsanto scientist, William Heydens, expressed more specific concerns.  &gt; Above all, the Monsanto papers show that the experts were very aware of a fact that is often lost in the public debate: In addition to glyphosate, herbicides like Roundup contain other dangerous chemicals that are necessary to enable the active ingredient to penetrate hard plant walls, among other things.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78pj0a/a_release_of_internal_emails_has_revealed_that_us/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234998 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Monsanto**^#1 **glyphosate**^#2 **Roundup**^#3 **company**^#4 **IARC**^#5\""}
{"_id": "347554", "title": "", "text": "So I actually just messaged him like why do you need a copy of my college diploma and he said his lawyer said he needs a copy of the diplomas of the people he specifically supervises on an Italian client (we work in PR and have companies and sometimes government subsidized companies as clients)... so maybe it does check out? I mean I did my due diligence I'm not sure what else I can do. If he photoshops it, that's on him."}
{"_id": "347556", "title": "", "text": "Forex trading contracts are generally fairly short dated as you mention.  Months to weeks.  Professional forex traders often extend the length of their bet by rolling monthly or quarterly contracts.  Closing a contract out a few days before it would expire and reopening a new contract for the next quarter/month.  This process can be rather expensive and time consuming for a retail investor however. A more practical (but also not great) method would be to look into currency ETFs.  The ETFs generally do the above process for you and are significantly more convenient.  However, depending on the broker these may not be available and when available can be illiquid and/or expensive even in major currency pairs.  It's worth a bunch of research before you buy. Note, in both cases you are in a practical sense doubling your NOK exposure as your home currency is NOK as well.  This may be riskier than many people would care to be with their retirement money.  An adverse move would, at the same time you would lose money, make it much to buy foreign goods, which frankly is most goods in a small open country like Norway. The most simple solution would be to overweight local NOK stocks or if you believe stocks are overvalued as you mention NOK denominated bonds.  With this you keep your NOK exposure (a currency you believe will appreciate) without doubling it as well as add expected returns above inflation from the stock growth/dividends or bond real interest rates."}
{"_id": "347560", "title": "", "text": "You can invest upto $200K per year abroad, and yes, you can buy Google as a stock. Consider opening an international account with a broker like interactive brokers (www.interactivebrokers.co.in) which allows you to fund the account from your local Indian account, and then on, buy shares of companies listed abroad."}
{"_id": "347586", "title": "", "text": "\"GDP being a measurement for an economy's growth and with the stock market being driven (mostly) by company profits you would expect a tight correlation between GDP growth and stock market performance. After all, a growing economy should lead to a corresponding increase in profit right? But the stock market is heavily influenced by investor mentality; irrational exuberant buying and panic selling make the stock market far more volatile than GDP ever can be. Just look at the 2001 bubble and 2008 panic sell-off for famous examples. I feel emerging markets are particularly prone to overly optimistic buying to \"\"get in\"\" on the GDP growth followed by overly pessimistic selling when politics get unfavorable. Also keep in mind that GDP measurements are all done after the fact, the growth that is reported has already happened. The stock market might have already expected the reported growth and priced it in. A final point: governments and companies in emerging markets have a reputation (sometimes deserved) of poor governance, think corruption, nepotism etc. So even if the economy grows substantially investors might not believe they can profit from the growth.  P.S. What do you base the \"\"no great increase\"\" on? Emerging markets have had a rough decade but that index would have still returned 9% annually if you held it since 2001.\""}
{"_id": "347590", "title": "", "text": "Since you are living in India and earning income not from salary, you must file your tax return under ITR4(Profits or Gains of Business or Profession). You can do it online on IncomeTax India eFiling website, step by step guide available here."}
{"_id": "347596", "title": "", "text": "No, I mean 2.5. Back in the late 80's and early 90's, people used these word-processor typewriters with weird little tiny floppy disks. There was no screen - just a tiny one-line LCD panel, used mostly to navigate the file-menu. Pretty archaic stuff."}
{"_id": "347611", "title": "", "text": "I had a friend that did this when I was back in high school. It really depends on your regional demographics. Don't open it because you and your group of friends like those kinds of things. That isn't enough to support a full blown store. Online would be a better idea, but then you have to ensure you can compete with online prices. That is hard. Maybe start off flipping stuff from eBay and sales. Then when you can buy enough in bulk you can get better prices. It is a hard market man."}
{"_id": "347624", "title": "", "text": "The best would be to find someone in that country to make a payment on behalf of you. Other option is to use remittance services like Western union. It allows transfers to bank Account in Poland. You can fund by debiting your Card or Bank Account in US. If you debit your Card, there may be some fees as it would be treated as Cash Advance."}
{"_id": "347637", "title": "", "text": "I used square in the past for personal yard sale and they did not transfer balance to my bank acct because they told me it was against their policy and I had to have a business license that they could either refund the credit cards i process or keep the money. So they kept it I never got it back. I don't recommend anybody to use square."}
{"_id": "347651", "title": "", "text": "You are young, and therefore have a very long time horizon for investing. Absolutely nothing you do should involve paying any attention to your investments more than once a year (if that). First off, you can only deposit money in an IRA (of whatever kind) if you have taxable income. If you don't, you can still invest, just without the tax benefits of a Roth. My suggestion would be to open an account with a discount brokerage (Schwab, Fidelity, eTrade, etc). The advantage of a brokerage IRA is that you can invest in whatever you want within the account. Then, either buy an S&P 500 or total market index fund within the account, or buy an index-based ETF (like a mutual fund, but trades like a stock). The latter might be better, since many mutual funds have minimum limits, which ETFs do not. Set the account up to reinvest the dividends automatically--S&P 500 yields will far outstrip current savings account yields--and sit back and do nothing for the next 40 or 50 years. Well, except for continuing to make annual contributions to the account, which you should continue to invest in pretty much the same thing until you have enough money (and experience and knowledge) to diversify into bond funds/international funds/individual stocks, etc. Disclaimer: I am not a financial planner. I just manage my own money, and this strategy has mostly kept me from stressing too badly over the last few years of market turmoil."}
{"_id": "347662", "title": "", "text": "The reason the market value is low is because the market does not believe that the company or country will pay. Another reason for it to go down is lack of liquidity in the market. However if you believe that the conditions would improve by the time bond matures, and you don't need money right now, then you can wait for maturity and get the maturity value."}
{"_id": "347667", "title": "", "text": "\"Let the products sell themselves  Fuck advertising  Commercial psychology  Psychological methods to sell  Should be destroyed  Because of their own blind involvement  In their own conditioned minds  The unit bonded together morals  Ideals, awareness  Progress   Let yourself be heard  -Minutemen, [\"\"Shit From An Old Notebook\"\".](http://www.youtube.com/watch?v=qyc9JmdO6u4)\""}
{"_id": "347681", "title": "", "text": "Metropolitan Shredding is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Melbourne"}
{"_id": "347696", "title": "", "text": "Apparently Canadians have not been paying any tax on Uber rides, and will only begin to do so on July 1, 2017. Source: http://mobilesyrup.com/2017/03/22/uber-canada-gst-hst-budget-2017/"}
{"_id": "347722", "title": "", "text": "Yes basic food stuffs needed for healthy living should be provided to everybody. Thats not suggesting farmers work for free, thats just saying that the government and not a private entity should be responsible for making sure everyone in their country has easy access to food."}
{"_id": "347723", "title": "", "text": "\"I don't see why you would need an \"\"international tax specialist\"\". You need a tax specialist to give you a consultation and training on your situation, but it doesn't seem too complicated to me. You invoice your client and get paid - you're a 1099 contractor. They should issue you a 1099 at the end of the year on everything they paid you. Once you become full-time employee - you become a W2 employee and will get a W2 at the end of the year on the amounts paid as such. From your perspective there's nothing international here, regular business. You have to pay your own taxes on the 1099 income (including SE taxes), they have to withhold taxes from your W2 income (including FICA). Since they're foreign employers, they might not do that latter part, and you'll have to deal with that on your tax return, any decent EA/CPA will be able to accommodate you with that. For the employer there's an issue of international taxation. They might have to register as a foreign business in your state, they might be liable for some payroll taxes and State taxes, etc etc. They might not be aware of all that. They might also be liable (or exempt) for Federal taxes, depending on the treaty provisions. But that's their problem. Your only concern is whether they're going to issue you a proper W2 and do all the withholdings or not when the time comes.\""}
{"_id": "347744", "title": "", "text": "Well where is government supposed to get the food from?  Either they force the farmers to work for free, or they force other people to work for free so they can use the money to pay the farmer.       Should people have no responsibility?  Just have as many children as you like and we'll force others to work for free so they can have all the food they require?  That will certainly give more votes in a democracy to those who have as many children without worrying about how to feed them.  I'm not sure if that's the type of society I would freely choose to live in."}
{"_id": "347759", "title": "", "text": "Assuming what is taking you over budget are not essential costs such as fuel bills, food, mortgage etc. you could do the following. Work out your monthly disposable income after all essential base costs have been sutracted. Then simply keep a book of any additional spending.  It will be very easy to see if you're at risk of overspending. In fact, even when one has no need to budget it's still an excellent idea to keep a book of all your spending. It's surprising how useful it can be. It's a great reference for dues dates, sizes of past bills and provides an excellent cross check of your bank statement. It's not often that you find an error on your bank statement (at least it shouldn't be!), but my books have helped me locate three such errors over the past 25 years, which I'm sure would have gone unnoticed by most people. So my advice is, keep a book of your spending."}
{"_id": "347760", "title": "", "text": "It's true that most states have limits on what finders can charge if the listing is in state possession. If it is in the pre-escheat phase (that period of time before it goes to the state) then even if the money will eventually go to the state, the limits don't apply. Keane does a lot of work with transfer agents that handle the administrative work of stocks.  Other options that have a time limit include  I have a friend that was contacted by Keane. It turned out to be stock that her mother had when she worked for AMEX. She got busy with other things and got another letter from Keane. The stock increased in value and they wanted more money to help her even though they had already done the work of finding her. The money eventually went to the state and she was able to claim the full amount for FREE. If the suggestions I gave you don't get results, contact me through my web site and I'll try to help. Good luck!"}
{"_id": "347773", "title": "", "text": "If you are splitting rent, it is not income because you are reducing the amount of space you have available to you and reducing your rent, it's the same as if you moved to a smaller apartment. You can't claim a deduction for rent paid, so there really are no tax implications in this arrangement. If you own a house and someone helps pay the mortgage, that does become a rental situation if the other party has no ownership stake in the house. Could you find other ways to disguise it, like having your brother pay utilities or buy groceries? Sure, but I think it's technically taxable income by the letter of the law. I also don't think the IRS is going to come after you for trading a place to sleep for groceries/cable."}
{"_id": "347802", "title": "", "text": "What a lot of people do not know about the SEC is they do a piss poor job of collecting. They are a creditor in a civil case and do not have the same powers as say the IRS. They usually win cases because it is easier to settle with a Federal Lawyer who is taking you Federal Court and proving innocence in a civil trial is hard where as proving guilt in a Federal Criminal case is easier.   They get settlement, get PR, move on."}
{"_id": "347823", "title": "", "text": "You report what you contributed (sum of monthly investments that you made) to the bond fund. Distributions are the earnings in the account that stay in the account and have no tax consequences (in particular, you don't report them as income on your tax returns) until you withdraw the money later."}
{"_id": "347825", "title": "", "text": "The reason diversification in general is a benefit is easily seen in your first graph.  While the purple line (Betterment 100% Stock) is always below the blue line (S&P), and the blue line is the superior return over the entire period, it's a bit different if you retired in 2009, isn't it?  In that case the orange line is superior: because its risk is much lower, so it didn't drop much during the major crash.  Lowering risk (and lowering return) is a benefit the closer you get to retirement as you won't see as big a cumulative return from the large percentage, but you could see a big temporary drop, and need your income to be relatively stable (if you're living off it or soon going to).   Now, you can certainly invest on your own in a diverse way, and if you're reasonably smart about it and have enough funds to avoid any fees, you can almost certainly do better than a managed solution - even a relatively lightly managed solution like Betterment.  They take .15% off the top, so if you just did exactly the same as them, you would end up .15% (per year) better off. However, not everyone is reasonably smart, and not everyone has much in the way of funds. Betterment's target audience are people who aren't terribly smart about investing and/or have very small amounts of funds to invest.  Plenty of people aren't able to work out how to do diversification on their own; while they probably mostly aren't asking questions on this site, they're a large percentage of the population.  It's also work to diversify your portfolio: you have to make minor changes every year at a minimum to ensure you have a nicely balanced portfolio.  This is why target retirement date portfolios are very popular; a bit higher cost (similar to Betterment, roughly) but no work required to diversify correctly and maintain that diversification."}
{"_id": "347828", "title": "", "text": "\"&gt; ...and? That's how capitalism works.  No, that's how a bastardized form of capitalism works that \"\"free market\"\" dittoheads subscribe to. For example, why do Americans pay such a high price for sugar? Because of the cartels. The sugar barons, like the Fanjul family, can get the president on the phone when they feel threatened by your brand of capitalism.  ------------  The Fanjul brothers \u2014 Alfonso \"\"Alfy\"\" Fanjul, Jos\u00e9 \"\"Pepe\"\" Fanjul, Alexander Fanjul, and Andres Fanjul \u2014 are owners of Fanjul Corp., a vast sugar and real estate conglomerate in the United States and Dominican Republic, comprising the subsidiaries Domino Sugar, Florida Crystals, C&amp;H Sugar, Redpath Sugar, Tate &amp; Lyle European Sugar as well as the airport and resorts surrounding La Romana in the Dominican Republic  http://en.wikipedia.org/wiki/Fanjul_brothers  Here are the brief quotes by the thinktanks about the sugar cartel and their subsidies:  http://sugarreform.org/why-reform/what-the-experts-are-saying/think-tanks/\""}
{"_id": "347849", "title": "", "text": "First thing to do right now, is to see if there's somewhere equally liquid, equally risk free you can park your cash for higher rate of return. You can do this now, and decide how much to move into less liquid investments on your own pace. When I was in grad school, I opened a Roth IRA. These are fantastic things for young people who want to keep their options open. You can withdraw the contributions without penalty any time. The earnings are tax free on retirement, or for qualified withdrawls after five years. Down payments on a first home qualify for example. As do medical expenses. Or you can leave it for retirement, and you'll not pay any taxes on it. So Roth is pretty flexible, but what might that investment look like? It in depends on your time horizon; five years is pretty short so you probably don't want to be too stock market weighted. Just recognize that safe short term investments are very poorly rewarded right now. However, you can only contribute earnings in the year they are made, up to a 5000 annual maximum. And the deadline for 2010 is gone. So you'll have to move this into an IRA over a number of years, and have the earnings to back it. So in the meanwhile, the obvious advice to pay down your credit card bills & save for emergencies applies. It's also worth looking at health and dental insurance, as college students are among the least likely to have decent insurance. Also keep a good chunk on hand in liquid accounts like savings or checking for emergencies and general poor planning. You don't want to pay bank fees like I once did because I mis-timed a money transfer. It's also great for negotiating when you can pay in cash up front; my car insurance for example, will charge you more for monthly payments than for every six months. Or putting a huge chunk down on a car will pretty much guarantee the best available dealer financing."}
{"_id": "347852", "title": "", "text": "\"I signed the checks \"\"JoeTaxpayer, parent\"\" and never had an issue with my bank. Note, I am in the US, and my experience may just be with my particular bank.\""}
{"_id": "347865", "title": "", "text": "\"If you engage in any kind of dangerous activity, the training courses will often state that an accident is not the result of a simple error.  Examples of this include SCUBA and motorcycle training.  Properly maintained equipment and training will mitigate many emergencies.  Recently my dive buddy was 60' down, and ran out of air due to a tank O ring failure.  She did not panic, and all of the dive team rallied to get her to the surface without anyone getting hurt, or even coming close to it. Financial tragedies are similar.  In some cases, a single event triggers an avalanche of events that leads to tragedy.  For example, hard economic times may lead to an employer doing 5% pay cuts across the board.  However, they also cut bonuses and other ancillary pay items.  This leads to a real cut of 20-25% of income.  Leading a true cash flow emergency.  As such cutbacks are needed, and this might put a strain on an already shaky relationship, this leads to that relationship ending, requiring more cash.  Perhaps a car dies in this process or some household item needs repairing.  Sure one can borrow money, but this tends to exasperate the avalanche rather than solve it.    Having a low debt and a liquid emergency fund stops the avalanche in its tracks. In the case cited above issues would have been solved if the person lived off of 50% of their income rather than the way most people live (paycheck-to-paycheck).  Also if there were savings for the car repair then that becomes a pain, but not a true stress. Think of a liquid emergency fund as \"\"properly maintained equipment\"\".  It allows you to build a financial life on a solid foundation.   In my own case, I attempted to live and invest without an emergency fund.  It just did not work.  I often had to liquidate investments at in opportune times, and could never really hold onto money.  With the foundation of an emergency fund, one can build a prosperous life for one's self. You are welcome to try it your way, but if you fall, hopefully you will remember this answer and build your foundation first.\""}
{"_id": "347874", "title": "", "text": "\"The 8% rate offered by Russian banks on US Dollar accounts reflects the financial problems they have. They would prefer to lend US Dollars on the international financial markets at the same rate as US banks, but loans to Russian banks are considered to be more risky. In fact, the estimated \"\"default\"\" risk is ~6%.  Your ruble deposits at Russian banks are most likely backed by state guarantees, which reduces the risk and therefore the effective interest rate.\""}
{"_id": "347881", "title": "", "text": "Very interesting read but I feel like the BitCoin stocks are just a bit too volatile to place your future security and livelihood in them. To those who are thinking about going this route, I would strongly suggest you hedge your bets with a more stable entity in addition to the BitCoin stock. Then again, we all know the risks of placing money in the stockmarket. It's unpredictable and risky, the higher the risk the higher the reward, but that's just my two cents. May feel like a contradiction to some based on what I've said previously, but I actually love what BitCoin are doing."}
{"_id": "347900", "title": "", "text": "Yeah, so people would buy it high.  I'm short SNAP. I said it so suckers would buy. And then my options would be worth more when earnings come and they tank.  The first tank came at earning just a week ago. Next earning it will tank more."}
{"_id": "347901", "title": "", "text": "25% isnt high growth for tech. Amazon does not fund itself from earnings and any improvement in its inventory turns will accelerate its growth capacity.     On the other hand, I would love to hear your choice of valuation method for high-growth companies."}
{"_id": "347908", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.france24.com/en/20171013-irish-bad-bank-repay-state-loan-early) reduced by 59%. (I'm a bot) ***** &gt; Ireland&amp;#039;s &amp;quot;Bad bank&amp;quot; set up to buy toxic mortgages from severely troubled lenders will soon pay off its final government loan, three years ahead of schedule, it said Friday.  &gt; NAMA said in a statement on Friday that it was poised to repay its final 500-million-euro loan to Dublin.  &gt; NAMA acquired loans with a nominal value of 74 billion euros at heavily discounted prices from banks and building societies, with the aim of getting the best return for the state over an expected lifetime of up to 10 years.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76am8k/irish_bad_bank_to_repay_state_loan_early/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~228038 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **loan**^#1 **NAMA**^#2 **bank**^#3 **billion**^#4 **euros**^#5\""}
{"_id": "347909", "title": "", "text": "The average redditor likes bigger phones, but the average person does not. The average person does not want a stylus and the average person prefers an iPad to a laptop computer.   Apple does not make products for the average redditor. Apple will have truly changed when it makes products that aren't better just for the sake of meeting a market segment."}
{"_id": "347914", "title": "", "text": "The 19th century called, they want your socialism back.  &gt;I bet neither the military, NASA, FDA or your local police station/firefighters aren't providing any usefullness...  Let's see...  * Military? - not sure what good I'm getting of some fucker in Afghanistan being killed  * NASA - yes, I get value from that  * FDA - ditto, but not that much  * police - I'd rather get them reduced in size  * firefighters - we need a lot of audits on the effectiveness of those  When I buy a product from a private corporation, there are a lot of rosources that I can consult on the value they provide. I can choose between the different providers.  When the government taxes me, I don't have a choice. I must pay the taxes no matter what. It'a a totally different situation."}
{"_id": "347919", "title": "", "text": "Point being, the problem hasn't been fixed. The deficit went from enormous in 2009 to simply large today.  It's never going to be paid back.  The main issue to consider is that today the United States is the third largest oil producer in the world and the largest natural gas producer, thanks to hydraulic fracturing most of this surge happened during the Obama administration, spurred on by relatively high energy prices.  [Without the fracking boom, the US economy would still be considered in a recession:](http://economics21.org/commentary/oil-and-gas-boom-propels-gdp)  &gt;Without the $300-$400 billion yearly increase in output from oil and gas production, economy growth would still be negative. Manhattan Institute senior fellow Mark Mills shows the extent these industries have contributed to U.S. growth in his new report, \u201cWhere the Jobs are: Small Businesses Unleash Energy Employment Boom.\u201d  The US manufacturing sector also benefits from this indirectly, as low energy costs thanks to suddenly abundant natural gas keeps domestic production affordable. Without the fracking boom, the US economy would be in a European type situation. [In fact, European companies move their manufacturing capacity to the US, citing low American gas prices.](http://www.ibtimes.com/natural-gas-boom-attracting-manufacturing-us-overseas-take-advantage-cheaper-fuel-1582512)  The problem with all of this is that we know that fracking is not sustainable. It depends on very high oil prices, which consumers simply can't afford to continue paying. Without oil prices rising, the industry is forced to enter further and further into debt. Part of the reason oil prices are so high in the first place right now is because of speculative traders, who expect oil prices to rise higher in the future, which is unlikely to happen.  When Obama claimed that there is 100 years worth of natural gas in the US, he was wrong. If he really believes that story himself, it's going to lead him to take bad decisions, by basing an economy on hypothetical cheap energy that won't be there in the future. The GDP contribution by the fracking industry is going to evaporate, at which point you're left with a massive debt you can't pay back."}
{"_id": "347932", "title": "", "text": "I bet you don't believe in climate change, do you?  I mean being such a big supporter of fossil fuels, there is no way you could be.  But realistically the fact that we are doing irreparable harm to ourselves and our planet would be cooked into the fuel price, right?  Free market, always right?"}
{"_id": "347935", "title": "", "text": "Another way to look at it is that deductibles are intended as incentives or subsidies to particular industries (in this case the healthcare industry). Guaranteeing a decent standard of living and making sure everybody can meet the costs of \u201cnecessities\u201d can be achieved much more easily by a low tax rate on the first XXX$ of income and/or generic welfare benefits rather than any measure focused on making healthcare, food or whatnot cheaper or free under certain conditions. Incidentally, many countries do have different forms of benefits or tax breaks for accommodation-related expenses."}
{"_id": "347941", "title": "", "text": "\"Disclaimer: Mozilla employee here.  Not speaking for Mozilla, of course, all opinions are my own and my own alone.  And I'm not in any way connected w/ the negotiations w/ Google (or anyone else, for that matter) so I don't have any inside information about either Google or Mozilla's stance on the matter.  A lot of what you're saying here makes sense, fab13n, but there's one thing that isn't quite right in my mind.  You say that Google \"\"subsidized\"\" Firefox.  That's not at all how I'd describe the relationship.  Yes, it's to Google's advantage to have the web as the platform, and before Chrome became such a player having FF around as a competitor to IE was a good move.  But as I understand it this is a business deal, pure and simple.  FF's market share may currently be on the decline, but there is still somewhere in the neighborhood of 500,000,000 (that's half a billion) Firefox users out there.  That's a lot of eyeballs seeing Google as the default search engine and the default home page.  Which means a lot of Google searches, which means a lot of Google revenue.  I don't know how much they make from that, but I'd guess it's a whole lot more than the $100,000,000/yr they've been paying for that privilege.  Now if FF no longer defaulted to Google, they wouldn't lose *all* of those users.  Some people would still switch to Google as the default, and lots of people would just type \"\"google.com\"\" in the address bar, or make it their home page.  But a lot more people just go w/ the default than you'd first guess.  I think that if Google bailed on some renewal of the deal, they'd see a noticeable dip in their traffic, w/ a resulting dip in revenue.  This relationship has never been about philanthropy, it's about the money, as usual.  For this reason I'm not gonna stress out too much about an article that seems to be little more than speculation.  Maybe I'm wrong, maybe a new deal will fall through.  But I'm going to wait until I hear that from someone who actually has inside information before I start freaking out about it.\""}
{"_id": "347946", "title": "", "text": "\"To answer your question briefly: net income is affected by many things inside and outside of management control, and must be supplemented by other elements to gain a clear picture of a company's health. To answer your question in-depth, we must look at the history of financial reporting: Initially, accounting was primarily cash-based. That is, a business records a sale when a customer pays them cash, and records expenses when cash goes out the door. This was not a perfectly accurate system, as cashflow might be quite erratic even if sales are stable (collection times may differ, etc.). To combat problems with cash-based accounting, financial reporting moved to an accrual-based system. An accrual is the recording of an item before it has fully completed in a cash transaction. For example, when you ship goods to a customer and they owe you money, you record the revenue - then you record the future collection of cash as a balance sheet item, rather than an income statement item. Another example: if your landlord charges you rent on December 31st for the past year, then in each month leading up to December, you accrue the expense on the income statement, even though you haven't paid the landlord yet. Accrual-based accounting leaves room for accounting manipulation. Enron is a prime example; among other things, they were accruing revenue for sales that had not occurred. This 'accelerated' their income, by having it recorded years before cash was ever collectible. There are specific guidelines that restrict doing things like this, but management will still attempt to accelerate net income as much as possible under accounting guidelines. Public companies have their financial statements audited by unrelated accounting firms - theoretically, they exist to catch material misstatements in the financial statements. Finally, some items impacting profit do not show up in net income - they show up in \"\"Other Comprehensive Income\"\" (OCI). OCI is meant to show items that occurred in the year, but were outside of management control. For example, changes in the value of foreign subsidiaries, due to fluctuations in currency exchange rates. Or changes in the value of company pension plan, which are impacted by the stock market. However, while OCI is meant to pick up all non-management-caused items, it is a grey area and may not be 100% representative of this idea. So in theory, net income is meant to represent items within management control. However, given the grey area in accounting interpretation, net income may be 'accelerated', and it also may include some items that occurred by some 'random business fluke' outside of company control. Finally, consider that financial statements are prepared months after the last year-end. So a company may show great profit for 2015 when statements come out in March, but perhaps Jan-March results are terrible. In conclusion, net income is an attempt at giving what you want: an accurate representation of the health of a company in terms of what is under management control. However it may be inaccurate due to various factors, from malfeasance to incompetence.  That's why other financial measures exist - as another way to answer the same question about a company's health, to see if those answers agree. ex: Say net income is $10M this year, but was only $6M last year - great, it went up by $4M! But now assume that Accounts Receivable shows $7M owed to the company at Dec 31, when last year there was only $1M owed to the company. That might imply that there are problems collecting on that additional revenue (perhaps revenue was recorded prematurely, or perhaps they sold to customers who went bankrupt).  Unfortunately there is no single number that you can use to see the whole company - different metrics must be used in conjunction to get a clear picture.\""}
{"_id": "347957", "title": "", "text": "It is a good enough approximation. With a single event you can do it your way and get a better result, but imagine that the $300 are spread over a certain period with $10 contribution each time? Then recalculating and compounding will be a lot of work to do. The original ROI formula is averaging the ROI by definition, so why bother with precise calculations of averages that are imprecise by definition, when you can just adjust the average without losing the level of precision? 11.4 and 11.3 aren't significantly different, its immaterial."}
{"_id": "347966", "title": "", "text": "I use over half my buying power of my portfolio for options, and I'm not a fan of any of the strategies listed above either (I stay away from negative theta trades for the most part), but I just listed them to point out that saying the reason someone wouldn't enter a short position is for fear of infinite losses is asinine. It's easy enough to make any trade risk defined if that is something the trader cares about."}
{"_id": "347992", "title": "", "text": "A stock is only worth what someone is willing to pay for it. If it trades different values on different days, that means someone was willing to pay a higher price OR someone was willing to sell at a lower price.  There is no rule to prevent a stock from trading at $10 and then $100 the very next trade... or $1 the very next trade. (Though exchanges or regulators may halt trading, cancel trades, or impose limits on large price movements as they deem necessary, but this is beside the point I'm trying to illustrate). Asking what happens from the close of one day to the open of the next is like asking what happens from one trade to the next trade... someone simply decided to sell or pay a different price.  Nothing needs to have happened in between."}
{"_id": "347997", "title": "", "text": "My thinking is that since the last time a drop like that happened was back in the early 1930's, calling a drop of that magnitude, even if off by 2 years, is still an impressive feat. That's equivalent today to calling the SP500 to be under 400 by a certain date. Sheer insanity to make that kind of call.   Not saying either of us is correct, I think we just have different perspectives on accuracy."}
{"_id": "348016", "title": "", "text": "\"I researched 3 of the major corrections, the 1929 one, the tech bubble, and the housing bubble.  The three things they all have in common was people were too complacent in their life, The world was doing pretty well at the time during at least 2 of those.  I believe there will be another great war before a recession though. The world isn't fine right now and people aren't complacent. Now perhaps this only means right now\"\" and not the past 8 years before now though. But any major events happening in the world is taking a slow and steady pace, and the market is making tiny corrections as it goes along. People are accepting the fact the way the world works is rocky so past events wont affect future events if something major does happen.   Another thing 2 out of the 3 I researched is they existed when people were taking advantage of something. Buying and reselling houses, creating websites and putting them on the stock market without any value. There are 2 things similar to that right now, phone apps/social networks, and crypto currencies(bitcoin etc).  People are taking super advantage of those 2 things right now millionaires are popping out too easily.  But if bitcoin and other crypto currencies crash I don't think it'll affect the rest of the market since they aren't a regulated currency. The phone apps and social networks aren't really being super over valued using the stock market in recent times either, with exception to snapchat.  All in all, I'll I don't believe there will be another great market crash/recession for at least another 5-10 years.\""}
{"_id": "348029", "title": "", "text": "Before visiting site, check whois to determine the site's registrar. If it is a GoDaddy site, you could copy the contact information and send the website an email stating that you won't use their site because of their connection to GoDaddy.  Better make coffee first. There are 50,000,000 sites under GoDaddy management."}
{"_id": "348031", "title": "", "text": "I go there and all I see is an overhyped get rich quick conference that you sold tickets in groups to artificially inflate demand. I see no substance. Are you connected to grasshopper labs, where (and I quote) :   &gt; the first organization devoted to empowering entrepreneurs through technological innovation and real-world expertise  Really? Youre the first? See, hype.  Also, youre trying to sell internet phone for $10 a month? You must depend on some pretty NON-tech-savvy customers.  I bet youre a people person. Youre probably even nice. But you present yourself as very naive, and your 'goods' dont pass the smell test.  Pro tip 1 : dont brag about income. Its non-pro."}
{"_id": "348073", "title": "", "text": "Mitt Romney got his money out in time.  They just closed our local Staples store. I don't know why there was one in our town of 15k people anyway, there is another store 5 miles away in the next town. It seems that Staples may have been focused on growth of stores rather than smart growth in areas with demand requiring supply."}
{"_id": "348079", "title": "", "text": "This may sound a little crazy but I would take $5K of that money and buy whiskey with it (Jack Daniel's would be my preference). My guess is that in 5 years that whiskey will be worth more than the $10K you put in the bank.  I just can't see how the dollar survives the next 5 years without a major downward adjustment. If I'm wrong then you have a nice party and give whiskey for Christmas gifts. If I'm right at least you will have some savings instead of $15K of useless dollars. Here is my justification for converting your US dollars into tangible assets.  Do you really think the money printing will ever stop?"}
{"_id": "348090", "title": "", "text": "If you roll your funds from a 401k to an individual Vanguard account it will be in an IRA. Some people talk about IRA loans, but what is happening is that you are given a check for the value of the IRA and you have 60 days to deposit that full amount in another qualified account before being assessed a distribution penalty. The IRS also has rules to prohibit you from making several back-to-back rollovers to try to float the money for longer than 60 days."}
{"_id": "348092", "title": "", "text": "\"Two possibilities that I can think of:   1) They recognize that it is stealing and just choose to do it anyway because of the unlikelihood of getting caught or punished.    2) They see an ethical distinction between stealing and \"\"gaming the system\"\" wherein if the store opens up a loophole it is not wrong to exploit it.    EDIT: Note that these are just my theories for the motivations of the people who are participating in this, my own personal opinions are not necessarily reflected in this post.\""}
{"_id": "348107", "title": "", "text": "It's a gift if there are no strings attached. If you are rationalizing it to try to make it a gift for tax or any other purpose when there really is a connection between the transactions, or when you expect any kind of value or benefit in return for it, then it's not a gift... don't make it one and don't call it one. That would indeed likely be fraud. Play be the rules and sleep easy, is how I like to live."}
{"_id": "348116", "title": "", "text": "I think this is the biggest problem right here. A salary should be enough to raise a family of 4 on. This should be the actual minimum wage.   We already have the productivity for this. Look at how high the un-employment rate around the globe."}
{"_id": "348169", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://fee.org/articles/the-worlds-poorest-people-are-getting-richer-faster-than-anyone-else/) reduced by 88%. (I'm a bot) ***** &gt; Not only is the proportion of people in poverty at a record low in spite of adding 2 billion to the planet&amp;#039;s population, the overall number of people living in extreme poverty has fallen too.  &gt; In the last quarter century, more than 1.25 billion people escaped extreme poverty - that equates to over 138,000 people being lifted out of poverty every day.  &gt; That means that in the nation that has by far the largest number of people in extreme poverty, it is the people at the very bottom of the social strata who are getting richer faster.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/796lec/the_worlds_poorest_people_are_getting_richer/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~236394 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Poverty**^#1 **extreme**^#2 **people**^#3 **percent**^#4 **live**^#5\""}
{"_id": "348178", "title": "", "text": "Yes siree Bob!!! and thats for a fucking Missile Defense that does absolutely fuck all.  Now if America pull out of the Iranian Nuclear deal and Iran goes Nuclear, Imagine a fanatical Muslim Turban head with a fucking ICBM.  We could get billions of $ poured into a Missile Defense that does absolutely fuck all.  What does this have to do with the Economy? . .drink your latte and don't put too much stress on that millennial neuron."}
{"_id": "348189", "title": "", "text": "TravelGuysOnline is one of the leading company among the inside all over the world to operate car rental services the domestic and international level. We give offer a modern fleet of comfortable cars at the cheapest price. So before you book your car services, make sure how long you would like to use the car and for how many kilometers. So that you can definitely hire a particular car service and save a lot of money."}
{"_id": "348194", "title": "", "text": "I think you raise a very good point here.   It is a very well-known fact that the US is not a leader in automated manufacturing. Europe has traditionally been the place that consumes the majority of the automated manufacturing equipment that, in turn, comes out of Japan.   Japan specializes in the manufacture of automated manufacturing equipment and has since the US ceded this market to them in the 1950s offering the Japanese access to the technology created at General Motors called ladder logic and programmable logic controllers. These technologies were created from scratch on the shop floor at General Motors at a time when there was a saying that what is good for General Motors is good for the America.  This was back before semiconductor transistors were affordable. Those early manufacturing robots actually used arrays of electromechanical relays and ladder logic which is still used till this days in the robots that come out of Japan is still based on metaphorical relays although they are now virtual constructs.   The Japanese ran with the tech and now many people believe that the Japanese invented it. Certainly they refined it over the years but the early work was handed to them in part as an effort to win them over from their potential allegiance with the Soviets. Japan was always a much larger lynch-pin than either Korea or Vietnam where the actual military battles went down. What was really scary to America was losing Japan and the transfer of robotics technology to the Japanese was part of the arrangement to keep them cozy with the US military empire.   But the largest customer was not within Japan. The actual sales of equipment went to the Europeans. That's where automated manufacturing is currently at its peak. However, things have been rapidly changing and for over a decade the fastest rising automation market has been China.   Currently Foxconn or HongHai the large contract manufacturer famous for their Apple contracts is in the process of building an automation base in the middle of Taiwan.   If you want jobs in automated manufacturing technology you should be studying Chinese as well as microcontrollers."}
{"_id": "348225", "title": "", "text": "I\u2019d suggest going over to Khan Academy. It\u2019s basically a free school with really helpful videos. There are quizzes you can do and forums for each subject.   My advice would be to starts the personal finance section because most things build from there and it\u2019ll help you more with real life finance. Good luck!"}
{"_id": "348232", "title": "", "text": "Every Town has corrupt politicians and gangsters.   /U/Fricken is right. Gaming caused the mega-rush, the billion dollar resorts and the 1,000 room towers. They bet big that gambling would be forever contained to Vegas and AC.  They were wrong and now they're paying for it, the beach-side city will go back to moderate hotels on the Jersey shore. No different from Sea Bright to Cape May. Regardless, I have my bachelor party there in a few weeks and am giving it one more go."}
{"_id": "348233", "title": "", "text": "The biggest hedge funds seem to be copying the large mutual fund company strategy.  Launch many funds.  Take positions with high beta to the sector or asset class that is the focus of the fund.  Wait and see which asset classes outperform. (For Och-Ziff: Their massive bullish bet on credit!)  Promote the outperforming funds and their portfolio manager to gullible investors."}
{"_id": "348250", "title": "", "text": "Although it is impossible to predict the next stock market crash, what   are some signs or measures that indicate the economy is unstable? These questions are really two sides of the same coin.  As such, there's really no way to tell, at least not with any amount of accuracy that would allow you time the market. Instead, follow the advice of William Bernstein regarding long-term investments.  I'm paraphrasing, but the gist is: Markets crash every so often.  It's a fact of life.  If you maintain financial and investment discipline, you can take advantage of the crashes by having sufficient funds to purchase when stocks are on sale.  With a long-term investment horizon, crashes are actually a blessing since you're in prime position to profit from them."}
{"_id": "348281", "title": "", "text": "Who is UpEquity For?  While we believe every American deserves the opportunity to invest in their future, space is extremely limited.  For that reason, we are only accepting investments from the military community - Active Duty, Reserve, Retired, and Veteran.  We hope to expand in the future, but in the meantime, we want to give back to those who have allowed us to live our American dream."}
{"_id": "348313", "title": "", "text": "I wouldn't say you should have any particular limit, but it can't hurt to have a higher limit. I'd always accept the increase when offered, and feel free to request it sometimes, just make sure you find out if it will be a hard or soft inquiry, and pass on the hard inquires. From my own experience, there doesn't seem to be any rhyme or reason to the increases. I believe each bank acts differently based on the customer's credit, income, and even the bank's personal quotas or goals for that period. Here is some anecdotal evidence of this: I got my first credit card when I was 18 years old and a freshman in college. It had a limit of $500 at the time. I never asked for a credit line increase, but always accepted when offered one, and sometimes they didn't even ask, and in the last 20 years it worked it's way up to $25K. Another card with the same bank went from $5K to $15K in about 10 years. About 6 years ago I added two cards, one with a $5K limit and one with a $3K limit. I didn't ask for increases on those either, and today the 5K is up to $22K, and the 3K is still at $3K.  An even larger disparity exists on the business side. Years ago I had two business credit cards with different banks. At one point in time both were maxed out for about 6 months and only minimums were being paid. Bank 1 started lowering my credit limit as I started to pay off the card, eventually prompting me to cancel the card when it was paid in full. At the same time Bank 2 kept raising my limit to give me more breathing room in case I needed it. Obviously Bank 1 didn't want my business, and Bank 2 did. Less than a year later both cards were paid off in full, and you can guess which bank I chose to do all of my business with after that."}
{"_id": "348315", "title": "", "text": "The \u00a3500 are an expense associated with the loan, just like interest. You should have an expense account where you can put such financing expenses (or should create a new one). Again, treat it the same way you'll treat interest charges in future statements."}
{"_id": "348327", "title": "", "text": "A good quick filter to see if a property is worth looking at is if the total rent for the property for the year is equal to 10% of the price of the property.  For example, if the property is valued at $400,000 then the rent collected should be $40,000 for the entire year.  Which is $3,333.33 per month. If the property does not bring in at least 10% per year then it is not likely all the payments can be covered on the property.  It's more likely to be sinking money into it to keep it afloat. You would be exactly right, as you have to figure in insurance, utilities, taxes, maintenance/repair, mortgage payments, (new roof, new furnace, etc), drywall, paint, etc. Also as a good rule of thumb, expect a vacancy rate of at least 10% (or 1 month) per year as a precaution. If you have money sitting around, look into Real Estate Investment Trusts.  IIRC, the average dividend was north of 10% last year.  That is all money that comes back to you.  I'm not sure what the tax implications are in Australia, however in Canada dividends are taxed very favourably.  No mortgage, property tax, tenants to find, or maintenance either."}
{"_id": "348347", "title": "", "text": "\"Here are some approaches you may value: Wolfram Alpha This is a search engine with a difference. It literally is connected to thousands of searchable databases, including financial databases. http://www.wolframalpha.com/input/?i=list+of+public+companies+ Just keep clicking the \"\"more\"\" button until you have them all.You can also get great company specific information there: http://www.wolframalpha.com/input/?i=NYSE%3ADIS&lk=1&a=ClashPrefs_*Financial.NYSE%3ADIS- Just keep clicking the \"\"more\"\" button until you have them all.Then the company it'self will have great information for investors too:  [http://thewaltdisneycompany.com/investors][3] (Just keep clicking the \"\"more\"\" button until you have them all.) Regards, Stephen\""}
{"_id": "348353", "title": "", "text": "What equal percentage of both you and your girlfriend's income will cover the essential household expenses? Although we earned different amounts, both of us turned over half our income over to the household.  Between us this percentage slice from each of our earnings neatly covered all the essentials.  The amounts contributed were different, but the contributions where nonetheless equal. Beyond this the financial relationship was fast and loose."}
{"_id": "348362", "title": "", "text": "No no no.... ok fine, yes... **but** you can't have that and run a national deficit of 150% of GDP. I don't care what Keynes said, you could have as large a demand as you want, if the majority of all cash flows are going into debt repayments your economies not going to be able to grow, ie: enter a recession."}
{"_id": "348377", "title": "", "text": "If this is a practical, rather than hypothetical, question, the best advice that we could give would be to see a lawyer.  If you think your teenager has done something illegal, get a lawyer.  The lawyer will then take care of notifying the relevant parties and manage the accusations.   In most cases, it would be sufficient to notify the police directly.  They understand the concept of scams, and many of them have teenagers of their own.  Most of the time, they will try to work with you rather than against you.  But if you are really worried about it, this is what lawyers do.  A lawyer can separate the teenager and the police, so the teenager makes no admissions.  But the lawyer can get the necessary information to the police so that neither the teenager nor you is subject to an obstruction of justice charge.   We can help you by pointing to resources or suggesting ways to document what has happened or is happening.  Or just point out that something is a scam.  But if you are worrying about prosecution, we can't really help you.  You can't confide the relevant details to us.  There is no asker/answerer confidentiality.  Everything is published on the internet with archives.  Without those relevant details, how good will our advice be?   Talk to a lawyer.  The lawyer can tell you what you can and cannot do.  And what you tell the lawyer is privileged.  So even if you admit criminality, the lawyer can't then tell anyone.  And if you're worried that the lawyer might be restricted by what you've said, you can fire the lawyer and hire another.   The first thing to do when you find yourself in a hole is stop digging.  Trying to fix things for your teenager is digging.  Go to a lawyer and share your concerns.  Maybe some of them are groundless.  From what you've shared, you could go to the police.  But perhaps there is more that we don't know.  If so and you are reluctant to share publicly on the internet, that's sensible.  Go to a lawyer and share in private.   If you are indigent and can't afford an attorney, look into Legal Aid.  They may be in the phone book.  If not, call the local bar association and ask for a referral for free legal advice for someone low income.  Try to have a generic description of the problem, e.g. you're worried that someone scammed your teenager into doing something illegal.   And just to say this one more time.  As you've described things, it seems like you should be able to just go to the police and the bank and describe the scam.  I don't hear anything that they would prosecute.  If you've left something out that changes things, then a lawyer is the way to go.  Then you can disclose everything to get advice."}
{"_id": "348387", "title": "", "text": "Wut? You realize the south is the most dependent on government aid right? Not to mention all the oil business that does exist is heavily subsidized by the government and those oil states STILL receive higher than average values of government assistance.  Go ahead and keep complaining about government assistance, see what happens when people are literally starving. Do you think they will just willingly starve to death rather than grab a gun and steal your food?"}
{"_id": "348391", "title": "", "text": "&gt;  Business Insider analyzed data from the 2015 American Community Survey, an annual survey by the US Census Bureau that talks to 1% of all US ***households*** about various economic, social, and housing demographics.   Emphasis mine.  Why are they comparing incomes of *individuals* to *households*? Is it just clickbait or is there a point?"}
{"_id": "348405", "title": "", "text": "You can find the gamut and color accuracy of the GS3 elsewhere. And if you know what any of those numbers mean and how to interpret the results, you'll know you won't need to, because the results are extraordinary\u2014as good as many high end, professional calibrated desktop monitors."}
{"_id": "348415", "title": "", "text": "\"The number one reason to borrow is quite simple; when you have no other choice. The primary reason to do this is when renovations or additions must be made in a timeframe that precludes you being able to save enough money to pay cash. Harmanjd's example of a kid on the way with no space to put him is a very good hypothetical. Disaster recovery is another; insurance doesn't cover everything and can sometimes be slow to pay out, and even if the payoff will rebuild the house exactly the way it was, these situations are deceptively good opportunities to improve on what you had. Since you already have to call in the contractors to demo and rebuild, the cost to do that is sunk, and the incremental cost of improvements or even additional square footage is relatively minor. Other acceptable reasons to borrow are: When cost of capital is very cheap. A typical amortized HELOC is pretty expensive when paid on-schedule, but if you can pay it off very early (i.e. when you sell the home next month) or you get a good deal on the interest rate (a subsidized disaster recovery loan, perhaps; you have to be careful with these as they're not intended to turn a burnt-down hovel into a McMansion) the cost of borrowing can be acceptable even if you had cash savings for the project. You have other uses for the cash that can offset cost of borrowing. This generally requires the first point to be true as well, as it's a general rule that borrowing $10,000 costs you more than you would gain by investing $10,000, but there are situations in which the reverse can be true (if you have $10k in oil or major tech stocks right now, it would probably be a bad move to liquidate them for home improvements if you can get a HELOC at less than 6%). You can realize a net gain in home value from the reno. These situations are rare in cases of an already livable home; \"\"flippers\"\", which make their living on renovating homes for a profit, generally choose homes with obvious but easy-to-fix problems that depress home value because they look worse than they are. If you bought your home without any such problems, you probably paid something close to market value at the time, and so you're probably behind the curve. However, if you (or your family in the case of an estate transfer) have owned the home for a long time, long enough for things to fall WAY out of date, then you can catch up a lot of market value with one renovation, where if the home had had two or three renovations along the way a reno now wouldn't gain you as much value.\""}
{"_id": "348416", "title": "", "text": "I don't like some of the engineering work that I do but yes I do like having a job. I don't think that's a crime - I enjoy the financial and project managing side of my job more than modeling and technical analysis...  I'm sorry that I want more information that sounds cool to me and may be something I want to make a career switch towards? Is there something wrong with this reasoning? I can see if it looks a bit naive since I am unsure of some parts of my thinking as well so please let me know if what I fleshed out seems like a ridiculous or dumb decision!"}
{"_id": "348424", "title": "", "text": "You are incorrect in saying that you have a capital gains of $0. You either have no capital gains activity, because you haven't realized it or you have an unrealized capital gains of -$10k. If you were to sell immediately after receiving the dividend you would end up as a wash investment wise - the 10k of dividend offsetting the 10k capital wash. Though due to different tax treatments of money you may be slightly negative with respect to taxes.  You are taxed when you receive the money. And you realized that 10k in dividends - even if you didn't want too.  In the future if this bothers you. You need to pay attention to the dividend pay out dates for funds. But then just after they payout a dividend and have drain their cash account. The issue is that you unknowingly bought 90k of stock and 10k of cash. This information is laid out in the fund documentation, which you should be reviewing before investing in any new fund."}
{"_id": "348431", "title": "", "text": "\"If that pissed you off, this should really get you going. She never got fired. And I was there when they brought the x-ray in. No injury, slight swelling...9 months off. I worked for a large university but her annual salary would have covered 1 year tuition for someone. He often tried to get me to discipline my other employees about trivial matters. I'd point to her and say \"\"I can't.\"\"\""}
{"_id": "348442", "title": "", "text": "\"Listen the fuck up. I'm about to tell you how to get a job in one of the most competitive industries in the fucking country. I did what I'm about to fucking tell you, and it fucking worked.   I'm a civil engineer by degree. After a year of slaving away and a raise that hardly kept up with inflation, I got fed the fuck up. Here's what I did.  Open up your browser. Chrome is the best, but Netscape will do. Now go to that fucking search engine that owns the rest of them... Bin--- I mean Google. Now search some variation of \"\"finance firm (insert city)\"\" or \"\"private equity (insert city)\"\". Your goal here is to find the firms or companies around you that you're interested in getting a job with (probably fucking all of them at this point).   Now... You've got all these fucking firms that field applications from little shits like you all fucking day long. People always say it, \"\"You gotta stand out\"\".   What better way to peacock their asses than to e-mail the CEO/Managing Director of the bitch. What's that you say? You don't have their e-mail address? Yeah. Yeah you do. Use the website address as the domain of the e-mail and try a generic jdoe@ or john.doe@ or john@ or johnd@ . One of them will work somewhere between 82%-83% of the time.   Now to the content of the e-mail. Don't fucking ask for \"\"potential employment opportunities\"\" and don't be a cocky bitch and tell him how qualified you are to get his coffee... Ask him what he does for a living and how you're really interested in what he does (asset management, fixed income, mortgage trading, lean hog trading, PE, VC, angel investing, M&amp;A). The more specific this is, the better.   Now craft an e-mail that basically says this:  Dear Fuckstick (whatever his name is),  I'm a college grad with a degree in something that you give no fucks about. During school, I came to love finance and got an internship at MS. Now, I've been reading books and doing my own DCF modeling training... Maybe learning some coding (make shit up). I don't know what part of finance I want to dive into, but I do know that you're successful as fuck and I wanna suck your dick while I ask you questions becuase you're the smartest mother fucker in the room and I wanna be just like you.  Can I buy you a cup of coffee or lunch and pick your brain apart?  Hugs and handjobs,  Some kid    I did something like this for about 6 months, met with 15 powerful and smart ppl (and very coincidentally found out that there's a ponzi scheme going on in my city)... One of them gave me a job...   Now go out and don't fucking blow it... Unless they specifically ask.\""}
{"_id": "348445", "title": "", "text": "In short (pun intended), the shareholder lending the shares does not believe that the shares will fall, even though the potential investor does. The shareholder believes that the shares will rise. Because the two individuals believe that a different outcome will occur, they are able to make a trade. By using the available data in the market, they have arrived at a particular conclusion of the fair price for the trade, but each individual wants to be on the other side of it. Consider a simpler form of your question: Why would a shareholder agree to sell his/her shares? Why don't they just wait to sell, when the price is higher? After all, that is why the buyer wants to purchase the shares. On review, I realize I've only stated here why the original shareholder wouldn't simply sell and rebuy the share themselves (because they have a different view of the market). As to why they would actually allow the trade to occur - Zak (and other answers) point out that the shares being lent are compensated for by an initial fee on the transaction + the chance for interest during the period that the shares are owed for."}
{"_id": "348457", "title": "", "text": "&gt; neighborhoods   it's not neighborhoods, it's areas, big ones.  since I moved, closest WF to me now is 108 miles (and then there are two).  meanwhile, my county and adjacent areas are bigger in sum than that 108-mile place"}
{"_id": "348466", "title": "", "text": "When it comes to Real Estate, there are 2 school of thoughts:  1. People who swear that it's the one and best way to make lots of money with RE: flipping, fixer upper, leveraging, whatnot  2. People who don't believe people in #1 above.  I belong to #2 with some addendum(s):  * you can make a lot of money in Real Estate by becoming a RE Broker (but it's not for everyone) even better if you own a RE agency employing brokers (but it's not for everyone); it's like collecting tolls on the highway, no matter what, you collect a fee.  * every portfolio should have a portion allocated to Real Estate, either directly or by means of a REIT. Alas most people who own a home are over-allocated in Real Estate  * in some, and very few, parts of the USA one can make a lot of money by buying and managing directly small apartment complex to rent out; these are remote small urban settings, low prices for both buying and renting, but the ratio of price/rent is favorable.  Run your own numbers and see if it's profitable *enough* ***for you***."}
{"_id": "348480", "title": "", "text": "\"Yes, you can create a PayPal business account without having formalized a business with government filings and whatnot. At its simplest terms, \"\"having a business\"\" is simply \"\"doing business as\"\" (D/B/A) a trade name.  You can use the address of a Private Mail Box such as those provided at the UPS Store.  Ask any kid with a lemonade stand or a box of Girl Scout cookies - you only need to engage in government formalities like registering an LLC or getting a tax EIN when you cross certain thresholds of activity, and paying for things is generally not it.  Also, some of businesses, for some relationships, will require the business formalities like an EIN, which in turn will require creating a trade name and registering it with the state.  For instance if you set up a traditional credit card merchant account, they'll probably want that.\""}
{"_id": "348510", "title": "", "text": "Have you tried complaining to the Real Estate Institute in your state, and if that doesn't work try taking them to Fair Trading. I know from doing some work for real estates that getting money from them is like getting blood from a stone, but you just need to keep bugging them, talk to the manager or director, and tell them you have been waiting too long for your money, give them a deadline (not more than 3 business days) and tell them if you have not received the money by then you will make a complaint to the Real Estate Institute and take them to Fair Trading. Sometimes you have to go to the person who owns/ runs the business as the workers usually don't care, especially when it is extra work for them and they get no reward for doing it (plus the longer the Real Estate don't pay you the longer they earn interest on your money)."}
{"_id": "348511", "title": "", "text": "\"I hope you're not blaming the banks for the housing price inflation.  It's called supply and demand, and is mostly caused by people, possibly like you, who have unreasonable expectations about the future value of real estate, and thought it would keep rising unrealistically forever.  The bank's \"\"crime\"\" was to lend money recklessly, to people who could not really afford it.  The buyer's \"\"crime\"\" was to buy a home they could not afford with the expectations that it would go up in price and they could either flip it or refinance.  The real \"\"criminals\"\" might be the real estate agents who convinced the buyers they could afford it, and helped them find an avenue to get the money.  There were (are?) a lot of unscrupulous, or simply bad, real estate agents out there. But they, too, were naive enough to think houses would continue to rise.  tl;dr.  We are all to blame.  Calling owners \"\"slumlords\"\" and blaming them and the banks for your misfortune will only hurt you and make you forever the victim.\""}
{"_id": "348514", "title": "", "text": "I have an ESPP with E*Trade; you can transfer stock like that via a physical (paper) asset-transfer form. Look for one of those, and if you can't find it, call your brokerage (or email / whatever). You own the shares, so you can generally do what you want with them. Just be very careful about recording all the purchase and transfer information so that you can deal properly with the taxes."}
{"_id": "348532", "title": "", "text": "no because the price is still being manipulated by HFT.  HFT are still getting their $$, I'm just saying how much I want to pay. HFT is still likely front-running me, and even if they're not... because of their special access if both I and an HFT system want at $10.00, HFT will ALWAYS get it first."}
{"_id": "348542", "title": "", "text": "That is true. You will not be able to reconstruct the value of the index from the data returned with this script.  I initially wrote this script because I wanted data for a lot of stocks and I wanted to perform PCA on the stocks currently included in the index."}
{"_id": "348550", "title": "", "text": "I have had it two way now: I got pre-approval from my credit union which just so happened to be one of the bigger vehicle lenders in the metro area.  What I found out was that the dealership (which was one of the bigger ones in the metro area) had a computer system that looked up my deal with the credit union. Basically, I signed some contracts and the CU and the dealership did whatever paperwork they needed to without me. I bought a used car and drove it off of the lot that night, and I didn't ever go back (for anything financial) Both my wife and her sister received blank checks that were valid up to a certain amount.  In the case of my sister in law, she signed the check, the dealership called to confirm funds and she drove off. In the case of my wife, she ended up negotiating a better deal with dealer finance, but I was assured she only had to sign the check, get it verified and drive the car home."}
{"_id": "348588", "title": "", "text": "&gt;How will making energy cheaper help?  Cheaper energy is equivalent to a pay raise, only it's also good for business interests.  That (theoretically) can allow more competitive pricing of other products, since businesses aren't trapped by high energy costs forming a price floor.  That part depends on how competitive each individual market is."}
{"_id": "348614", "title": "", "text": "\"Setting a certain % of income for pension actually depends on person.  \"\"Always pay yourself first\"\" This is the quote which I love the most and which I am currently following.  If you are planning to do 8%, then why don't you stretch a little bit more to 10%. I suggest you to do monthly review. If you can stretch more, increase % a little more by challenging yourself. This is rewarding. For pension plan, there is SRS Supplementary Retirement Plan where foreigners can also set aside of their money. This is long term plan and you can enjoy tax relief too. The catch is you can only withdraw the money when you reach certain age. Otherwise, you have to pay tax again (certain %) once you decide to withdraw. Serveral banks in Singapore offers to open this account. I suggest to compare pro and cons. If you are planning to work in Singapore for quite long, you may wish to consider this. Useful links http://www.mof.gov.sg/MOF-For/Individuals/Supplementary-Retirement-Scheme-SRS https://blog.moneysmart.sg/budgeting/is-the-supplementary-retirement-scheme-a-waste-of-your-time-and-money/\""}
{"_id": "348615", "title": "", "text": "Generally speaking, you'll be able to keep it. Your spending ability may be reduced though. The published eligibility criteria aren't necessarily carved in stone anyway. Some road-warrior types with platinum cards who don't necessarily spend $250k a year will get the card offered to them."}
{"_id": "348621", "title": "", "text": "Yes, this happens a lot. And in many cases companies don't even know this is happening. Collateralized Debt Obligations frequently contain pieces of the same financial products, where it is not obvious what the underlying asset is. It gets complicated to explain, but I can make an analogy to a portfolio of stocks you might create. Your portfolio contains companies and those companies also own some of the other companies in your same portfolio. The value of all the companies in your portfolio are very interrelated even though you thought you made diversified investments, under the idea that they can't all do poorly at the exact same time. Except they can, if the value of the company's shares are solely based on the value of other company's shares, but nobody noticed that none of them have an actual robust operations. This was a key factor of the financial disaster around 2008, but this problem was solved with the addition of additional disclaimers that all investors agree to, so they know what they are buying"}
{"_id": "348642", "title": "", "text": "I doubt they can create enough renewable energy to sustain their current spending and GDP levels. So in my opinion, I see even more unrest in the Middle East as the world transitions away from crude oil based fuels."}
{"_id": "348648", "title": "", "text": "Yea, good that you have a list of MDs/VPs. You should reach out to them pretty early on, think like early october. To do so too early would be overzealous, and there's no way you can expect someone to identify with you if you've spent only a few weeks at their school. At least get past their full time senior recruiting season in September before talking to HR or any higher up alumni. Then just go full force and contact as many people as you can. As far as recent grads go, only reach out to those class of 2013 or earlier. 2014s don't have any pull at all.  You could list your CC GPA next to your CC resume line, or you could omit it entirely from the resume. I don't know that it would be much of a net impact either way though, as nobody is really going to look at that GPA number very closely."}
{"_id": "348663", "title": "", "text": "\"Note that long term you need to plan for possible inflation, so \"\"a little bit of return\"\"  generally wants to be at least high enough to offset that plus \"\"a little bit\"\". Which is why just shoving it in a bank, while extremely safe, isn't usually the best choice.   You need to make some decisions about how you trade off risk versus return, whether you will comfortable riding out a downturn while waiting for recovery, and so on. My standard advice, as someone else who knows how little he knows: It's worth spending a few hundred of those dollars to talk to a real financial planner. (NOT someone who has any interest in selling you particular products, like a broker or agent!) They can help you ask yourself the right questions about comfort and goals and timeframe to pick a strategy which suits your needs. It won't be \"\"exciting\"\", but it sounds luke you agree with me that this shouldn't be exciting and \"\"market rate of return\"\" (about 8% annually, long term) is generally good enough, with more conservative positions as you approach the point of needing that money.\""}
{"_id": "348673", "title": "", "text": "We're in DotCom Bubble 2. Groupon's release is a great example that despite all the smoke surrounding these technology companies and all the analysts suggesting they're not worth these amounts, people are ready to buy it anyway.  But keep in mind profits are made on these turds whether the price goes up OR down. Savvy investors know these stocks are shit. They'll make huge profits on the inevitable price decline after it goes public. Those are the guys you want managing your retirement funds and nest eggs.  We've been down this path a decade ago and millions of investors choose to ignore it. Let them buy this garbage up. The smart will profit massively off those failures. They were warned before, they're warned now, so fuck 'em when they're wiped out. They earned it."}
{"_id": "348709", "title": "", "text": "They could be one step above fast food with just few servers. Red robin had these kiosks on tables but they messed it up by just using it as a pay kiosk and ad center. Allow me to order full menu from there, bring my food and leave me alone until I call someone in the rare case something goes wrong.  They save on employee cost, I get service in a sit down restaurant so both sides should be happy."}
{"_id": "348726", "title": "", "text": "\"A drop in credit score of 300 is pretty significant, right?  You describe the cause of this as \"\"unfortunate circumstances\"\".  Lets say you observe a mother giving a small child a ball to play with in the median of a busy interstate.  Once the inevitable happens, would you also describe that as \"\"unfortunate circumstances\"\"?  Because really it is the same thing. You overextended yourself and did not consider risk in the decision to borrow money.  This may sound harsh, but you have proven that you cannot handle credit.  So your solution is to borrow more?  That makes no sense. The best thing you can do for your credit score is to reduce, then eliminate all debt.\""}
{"_id": "348733", "title": "", "text": "The evening primrose oil comes from evening primrose. Evening primrose seeds are subjected to cold pressure obtaining oil that stands out for its medicinal and healing properties. This oil is very rich in polyunsaturated essential fatty acids- linoleic acid (70%) and gamma-linolenic acid (10%), both of the series of Omega six acids. These fatty acids of Natural Evening Primrose Oil are important precursors of diverse cellular mediators indispensable for the correct functioning and stability of the membranes of the cells of our organism, the development of the nervous and hormonal system and the regulation of the coagulation processes."}
{"_id": "348735", "title": "", "text": "The answer depends on whether the company involved has 'limited liability'. Most, but not all public and listed companies and corporations have this, but not all so it is worth checking and understanding what you are getting involved with.   The expression 'limited liability' means that the owners (shareholders) of a company have a liability up to the amount of the face value of the shares they hold which they have not yet paid for. The difference is usually minor but basically it means that if you buy $10 of shares you have no liability, but if the company gives you $10 of shares, and you pay them (in cash or kind) $5, then you still have a liability of $5. If the company fails, the debtors can come after you for that liability.  An 'unlimited liability' company is a different animal altogether. Lloyds insurance is probably the most famous example. Lloyds worked by putting together consortiums to underwrite risk. If the risk doesn't happen, the consortium keeps the premiums, if it does, they cover the loss. Most of the time they are very profitable but not always. For example, the consortiums which covered asbestos caused the bankruptcies of a great many very wealthy people."}
{"_id": "348738", "title": "", "text": "It is believed that Krishna spent his childhood here and a few traces of his childhood which are mentioned in the Granthas are found here.Main places of attraction in Nandgaon.You can also see Nandgaon temple from here.Mathura is situated the venerable village of Nandgaon."}
{"_id": "348742", "title": "", "text": "Wait, I know this one!  Because...  1) Cities suck, and people only put up with them for good jobs in the first place, and...  2) Their one redeeming quality is tons of great jobs, and...  3) Millennials don't have the 20+ years of experience needed to get a job anywhere in the US currently, and...  4) It costs a hell of a lot less to live in the middle of nowhere than in Manhattan?   Wait, remind me again why people *ever* decided to live in cities?  \\#1 ain't good enough, even for a non-Millennial like me..."}
{"_id": "348781", "title": "", "text": "Don't discount regulatory issues (the mess that was CableCard, Tru2Way, tuning adapters, and the lack of AllVid) and monopolistic pressure (the cable companies liked receiving $5/box/month and don't want to give any of that income up, combined with fear of becoming the dumb pipe they really are so they applied as much pressure as possible against good regulations)."}
{"_id": "348787", "title": "", "text": "\"I had experience working for a company that manufactures stuff and giving products to the employees. The condition was to stay employed for a year after the gift for the company to cover its cost (I think they imputed the tax), otherwise they'd add the cost to the last paycheck (which they did when I left). But they were straight-forward about it and I signed a paper acknowledging it. However, in your case you didn't get a product (that you could return when leaving if you didn't want to pay), but rather a service. The \"\"winning\"\" trip was definitely supposed to be reported as income to you last year. Is it okay for them to treat me differently than the others for tax purposes? Of course not. But it may be that some strings were attached to the winning of the incentive trip (for example, you're required to stay employed for X time for the company to cover the expense). See my example above. Maybe it was buried somewhere in small letters. Can they do this a year after the trip was won and redeemed? As I said - in this case this sounds shady. Since it is a service which you cannot return - you should have been taxed on it when receiving it. Would the IRS want to know about this fuzzy business trip practice? How would I report it?  Here's how you can let them know. Besides now understanding the new level of slime from my former   employer is there anything else I should be worried about? Could they   do something like this every year just to be annoying? No, once they issued the last paycheck - you're done with them. They cannot issue you more paychecks after you're no longer an employee. In most US States, you are supposed to receive the last paycheck on your last day of work, or in very close proximity (matter of weeks at most).\""}
{"_id": "348799", "title": "", "text": "No he's arguing for a lower US Corporate tax rate specifically on overseas earnings. Because companies are earning overseas and not taking it back to the US because of our double taxation.   He absolutely does not want higher taxes"}
{"_id": "348815", "title": "", "text": "Become your own boss web business can be easily done with great fortune. The bonus are apparent to running your own kind of business particularly online, however, what you require to attain those bonus might not be so apparent. There\u2019re various elements, however, the 3 most essential elements are mindset, proper training and education and posting yourself as a leader."}
{"_id": "348824", "title": "", "text": "\"got asked a similar question to this... \"\"how many tennis balls can fit in an suv?\"\".  I found these tough, as its hard to calculate the area of spheres on scratch paper (4/3pi r^3). Got any tips?\""}
{"_id": "348839", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Las Vegas**](https://en.wikipedia.org/wiki/Las%20Vegas): [](#sfw)   ---  &gt;__Las Vegas__, /l\u0251\u02d0s \u02c8ve\u026a\u0261\u0259s/ (locally, also pronounced as /l\u0251\u02d0s \u02c8v\u025b\u0261\u0268s/) officially the __City of Las Vegas__ and often known as simply __Vegas__, is the most populous city in the [state](https://en.wikipedia.org/wiki/State) of [Nevada](https://en.wikipedia.org/wiki/Nevada) and the [county seat](https://en.wikipedia.org/wiki/County_seat) of [Clark County](https://en.wikipedia.org/wiki/Clark_County,_Nevada).  Las Vegas is an internationally renowned major [resort city](https://en.wikipedia.org/wiki/Resort_town) known primarily for gambling, shopping, fine dining and nightlife and is the leading financial and cultural center for [Southern Nevada](https://en.wikipedia.org/wiki/Southern_Nevada). The city bills itself as [The Entertainment Capital of the World](https://en.wikipedia.org/wiki/The_Entertainment_Capital_of_the_World), and is famous for its mega casino\u2013hotels and associated entertainment. A growing retirement and family city, Las Vegas is the [31st-most populous city](https://en.wikipedia.org/wiki/List_of_United_States_cities_by_population) in the United States, with a population at the [2010 census](https://en.wikipedia.org/wiki/2010_United_States_Census) of 583,756. The 2010 population of the [Las Vegas metropolitan area](https://en.wikipedia.org/wiki/Las_Vegas_metropolitan_area) was 1,951,269.  The city is one of the top three leading destinations in the [United States](https://en.wikipedia.org/wiki/United_States) for conventions, business and meetings.  Today, Las Vegas is one of the top tourist destinations in the world.   &gt;====  &gt;[**Image**](https://i.imgur.com/IcSJT32.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Downtownlasvegas.JPG)  ---  ^Interesting: [^Las ^Vega's](https://en.wikipedia.org/wiki/Las_Vega%27s) ^| [^Las ^Vegas ^Valley](https://en.wikipedia.org/wiki/Las_Vegas_Valley) ^| [^Las ^Vegas ^\\(TV ^series)](https://en.wikipedia.org/wiki/Las_Vegas_\\(TV_series\\)) ^| [^Las ^Vegas, ^New ^Mexico](https://en.wikipedia.org/wiki/Las_Vegas,_New_Mexico)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjoh65h) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjoh65h)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "348862", "title": "", "text": "I imagine that it wouldn't affect consumer debt significantly. Individuals are separate entities from their government like how stockholders are separate entities from a corporation. It would probably make it harder for the country to raise money through bonds. Who wants to purchase bonds from a country that won't pay you back?"}
{"_id": "348874", "title": "", "text": "We still need coal. Manufacturing should be relatively easy to bring back; we just need to commit to bringing it back. This will also mean higher prices, higher tariffs, and possibly a trade-war.  Consider that Chinese industry grows based only upon on western ideas and technology, which they steal more than any other nation."}
{"_id": "348878", "title": "", "text": "\"You sound like you're well educated, well spoken, and resourceful, so I'm going to assume that you are somewhere in the neighborhood of top 5% material. That means you can pretty much do anything you want to if you put enough effort into it. There are two types of people in this world: those who run the world and those who live comfortably in it (and, of course, everyone else, but they are irrelevant to the discussion). Who do you want to be? I've been around a lot of wildly successful people, and they have two consistent traits:  connections and freedom. First, everyone always told me that \"\"it's not what you know, it's who you know\"\", but I never appreciated it until after college. The world runs on connections.  The more connections you have, and the more successful they are, the more successful you will be. Second, the more freedom you have, the more opportunity you will have to take chances, which is how you become wildly successful. Freedom comes from not being in debt (first) and having money (second). Why do you think Harvard grads are the guys that end up having so much money and power? It's probably because they grew up in a rich family which provided them money (freedom) and a wide social circle of rich people (connections). So you're not rich.  What to do? Well, the easiest way to get into that group is to go to college with them. And that means you need to get into Harvard or another Ivy League. Stanford if you want to be an engineer. College will be where you will make your most intense and long-lasting friendships.  That roommate at Harvard that you went on the crazy four-day road trip with may someday be CEO of a company... and when he needs a CIO, you can be damn sure you'll be at the top of the list if you're qualified. But Harvard costs a lot of money...which means you'll be in debt, a lot, when you get out of college. You'll have lots of rich, important friends(connections), but you'll be deeply in debt (no freedom). Most of these type of people end up becoming consultants at big firms because they pay well.   You'll live a comfortable life and pay off your student loans in five or 10 years.   Then you'll continue to live comfortably,  but at that point you'll be too old to take huge chances and too comfortable to change things (or perhaps you'll have a big mortgage =  no freedom). With a heavy debt load, it's almost impossible to, say, join an early stage startup and really be able to take huge chances.  You can do it, maybe.  Or, as an alternate option, you can do what I did. Go to a cheap state school and graduate with no debt. That puts you on the other side of the fence:  freedom, but no connections.  Then, in order to be successful, you have to figure out how to get connections. Goldman Sachs won't hire you, and everyone you meet is going to automatically assume you're mediocre because of where you went to college. At this point, your only option is to take big chances. Move to New York or San Francisco, offer to work for free as an intern somewhere or something.  It can be done, and it's really not too hard, you just have to have lots of spending restraint because the little money you have has to go a long way. So what are the other options? Well, some people are recommending that you think about not going to college at all. That will certainly save you money and give you a four year head start on whatever you decide to do (freedom), but you'll forever be branded as that guy without a college degree.  Think my second option above but just two or three times worse.   You won't even get that free internship, and you'll be that weird guy at dinner parties who can\"\"t answer the first question \"\"So, where did you go to college?\"\".  It doesn't matter if you're self-taught;  life isn't a meritocracy.  If you're very good, you'll end up getting a nice cushy job pushing ones and zeros. A nice cushy golden handcuff job. Well, you could go to community college. They're certainly cheap. You can spend very little money so you'll end up with fairly good freedom.   I might add, though, that community colleges teach trades, and not high-level things like management and complex architecture.   You'll be behind technically, but not as bad as if you didn't go at all. How about connections? Your fellow students will probably lack ambition, money, and connections. They'll be candidates for entry-level wage slave jobs at Fortune 500 companies after they graduate. If they get lucky, they'll work up to middle management. There's no alumni association, and there's certainly no \"\"DeVry Club\"\" in downtown Boston. At New York and Silicon Valley dinner parties, having a community college degree is almost as bad as having nothing at all.  Indeed, the entire value of the community college degree will be what you learn, and you'll be learning at the speed and level of your classmates. My advice? If you get into an Ivy League school, go and hope you get some grants to help you out. The debt will suck, but you'll be well positioned for the future. Otherwise, go to a cheap second-tier school where you can get a large scholarship. There are also lots of third-party scholarships that are out there on the Internet you can get. I got a couple from local organizations. Don't work during college. Focus on expanding your network instead; the future value of a minimum wage job while you're trying to go through school is practically zero.\""}
{"_id": "348879", "title": "", "text": "The informational goal about the ratings is an objective opinion about the companies ability to repay the money owed.  Debt rating agencies even provide tables where grades correspond to a range of default probabilities.  The argument I am making is they do not go about their business of giving accurate probabilities of default."}
{"_id": "348886", "title": "", "text": "Trading volumes are higher at the end of the day as many traders close their open positions. In the morning however, traders incorporate various factors like performance of worldwide markets overnight, any corporate or government announcements, global macro events, etc."}
{"_id": "348889", "title": "", "text": "Offer them $500 with the condition that you will have paid your liability in full and they don't report to the bureau. If they give you grief, hang up on the guy. Be aggressive and assertive -- the collector is going to get chewed out if he can't collect on something this simple. Don't allow them to give you some guilt trip, and don't sweat the deadline."}
{"_id": "348897", "title": "", "text": "That may be true but what will happen is that every carrier raises prices. In an oligopoly it will be an opportunity to act as an ensemble. So maybe after a while costs will be driven down but in the short it will probably only raise prices. And also it creates a situation where the a service that was previously accessible to all customers will now only be available to the ones willing to pay whatever the cost of an actual human behind the telephone is.  So in the short run it will only increase telecom costs. Also since having a phone or internet in something you can just opt out of everyone will be more or less forced to accept this practice. Again the oligopoly is where can find the cause."}
{"_id": "348901", "title": "", "text": "\"Can confirm - when I owned my business I would outsource some of the \"\"lesser\"\" work to a guy in the Philippines - he was more than $15/hr.  This was about 5 years ago, I don't remember exact rate, but I think was about $25/hr. And it was worth it.  I had a guy in the US too, who was great and worth every penny, but I couldn't afford him for everything so I used the guy in Philippines for the smaller stuff. I would feel terrible and insulting asking my guy here to work for less. He was worth what he was asking.\""}
{"_id": "348914", "title": "", "text": "N\u00e4r man t\u00e4nker p\u00e5 skyltar \u00e4r det l\u00e4tt att man t\u00e4nker p\u00e5 hotell, restauranger och st\u00f6rre f\u00f6retag som visar upp sig med stora skyltar. Men faktum \u00e4r att en skylt kan bli minst lika snygg och effektfull hemma. Bor du i hus? Ja d\u00e5 har du alla m\u00f6jligheter att s\u00e4tta upp en snygg skylt. http://focusneon.se/"}
{"_id": "348918", "title": "", "text": "The reason is bc to be profitable they have to keep the majority of their cars rented out at any given moment. What you see on the lot is less than 10% of their fleet. They really do try to keep your class of vehicle reserved, but the logistics get complicated, quickly. They employ drivers who's job is to try to get the right class of vehicle to the right location at the right time. This further complicates things tho because that means one store just lost a vehicle from their fleet, while another gained one. It is very hard to predict at any given moment what a location's fleet will be composed of.   Edit: also, pro tip: don't reserve a convertible. They're going to stick you with whatever convertible they have on the lot (might be shit). But if you reserve a luxury class vehicle, and when you get to the lot you see a nice convertible you want, ask to switch to that. If you don't get your nice convertible you'll at least have a guaranteed nice car."}
{"_id": "348922", "title": "", "text": "There can be a good reason if you own shares issued in a different country: For example, if you are in the UK and own US shares and take the dividend payments, you get some check in US dollars that you will have to exchange to UK\u00a3, which means you pay fees - mostly these fees are fixed, so you lose a significant percentage of your dividends. By reinvesting and selling shares accumlated over some years, you got one much bigger check and pay only one fee."}
{"_id": "348927", "title": "", "text": "The main advantage and disadvantage I can see in a scenario like this are - how savvy and good an investor are you? It's a good way to create below-market average returns if you're not that good at investing and returns way above market average if you are..."}
{"_id": "348935", "title": "", "text": "\"Im not trying to humble brag. I fucking hate it when I see another rich kid acting like they came from slums and worked their way up the ladder or when delusional twats much like yourself believe that you can earn anything with just some \"\"hard work bruh.\"\"   Let me put this in perspective for you... About every successful silicon valley startup such as Microsoft, Facebook, and Snapchat were founded by kids with very prominent parents.  Also, at this point, whats the fucking difference between someone who inherits their money and someone who practically has a trust fund? Again he is not self made. He's just an extension of his parents achievements...\""}
{"_id": "348939", "title": "", "text": "yeah, i get that it's not optional. just sucks that nothing has changed substantially since i closed on the loan 11 months ago (same PMI, same HO, essentially the same property taxes) and now i have to pay more. seems like the closing docs could have taken into account timing of those payments so that i primed the pump with enough from the beginning."}
{"_id": "348942", "title": "", "text": "$500k a year might be overkill. But you can certainly find TONS of smart people who simply lack the training for the specific skill set MS is looking for. Colleges in the US generally teach someone how to think and how to program, not how to program in a specific language. Colleges in India generally teach how to program in a specific in demand language. Also there are more people in India so you have a better percent chance of finding that specific taught skill set.  Instead of investing in the local person who can do the job but simply needs some additional training, they are constantly looking for the person who can do the job right now, but may lack the general ability to help solve other problems.   Its very short sighted."}
{"_id": "348955", "title": "", "text": "In older days the merchants and their merchant banks[or service providers] would take funds in their currency. Say in this case USD. When the charge hits the issuer bank, the merchant and merchant bank gets there USD and were happy. The user would get charged in local currency Shekel in this case. The rate applied by his bank [and card provider, Visa/Master also take a cut] is the standard shelf rate to individuals.   When business growing and banking becoming more sophisticated, lots of Merchant Banks and Merchants have created a new business, if you offer Shekel to all users then you have lots of Shekel that you can convert into USD. So in this model, the Merchant makes some more profit from Fx spread, the Merchant Bank makes good money in Fx. Your Bank [and card network] loose out. You stand to gain because you potentially get a better rate. All this theory is good. But the rates are moving and its quite difficult to find out if the rates offered directly by EI AI would be better than those offered by your bank. I have no experience in this example, but I have tried this with large shops, buy 2 items one charge in GBP and other in local currency around 2-3 times spread over a year. The difference in rate was close to identical, at times better or worse in range of .02%"}
{"_id": "348957", "title": "", "text": "&gt; TL;DR - I would have added three or more skilled workers to our economy in high school if I did not have to pay them minimum wage. I personally was priced out of hiring people because of it, so I hate it.  Yah, fuck the gubment. I couldn't get a bunch of slave labor on the cheap. I mean fuck if they hann't outlawed slaves I could have a thriving plantation and give all dem fools a place to live."}
{"_id": "348965", "title": "", "text": "Its late for summers yeah, but I think SocGen are open now for off-cycle internships - the others will be open soon.  I decided late into my masters that I wanted to do banking, so had to cold call botiques until one caved and is taking me for the summer while I do my thesis, so don't be afraid to cold call.  WSO is also probably your best bet for help you'd actually recieve alot of feedback."}
{"_id": "348981", "title": "", "text": "Public/private keys are a method of having a secret that others can verify without being able to duplicate. They are used all over the internet and work really well.  The biggest algorithm is RSA. Google can explain better than I can.  The big issue with these methods are key management. Who makes the key, who knows the key, how do you recover a lost key etc."}
{"_id": "348982", "title": "", "text": "To me, the lower tax rate for capital gains is largely due to governments encouraging economic activity. Note that investments usually come from your normal income, which is already taxed. Capital gains tax is essentially punishing people who take the extra effort to put their money into work. If the tax rate is high, it would definitely cause people to rethink about investing, thus slowing the general economy down."}
{"_id": "348983", "title": "", "text": "In some cases yes. Remember for every sporting event with winners shirts, there is is an equal number of shirts printed for the opposite team winning that normally end up getting sold to 3rd world countries by the ton.  There is a whole secondary market of selling misprinted or preemptively printed merchandise back to india and China"}
{"_id": "348995", "title": "", "text": "do you really want another overblown economic crisis that lets billions starve? Throwing money at the problem to temper it is the only solution. What needs to happen while that is being done is aggressive reform and belt tightening - and that's not happening fast enough which may then lead us into a larger full blown crisis. i.e. you may just get your wish."}
{"_id": "349015", "title": "", "text": "Obama was seeing growth after a massive recession  while pumping trillions into the market . Trump pushed the market to all time highs . Not saying one is harder than the other , just that the circumstances are vastly different"}
{"_id": "349026", "title": "", "text": "Bezos describes the Prime business model as a 'flywheel' in which the ecosystem of services sucks in more customers providing economies of scale to suck in more customers still and speed it up. Google it for his more detailed quotes.  When the acquisition was announced, I wondered how it would work out for Amazon unless it went all out on integrating Whole Foods into part of the Amazon Prime experience, rather than leaving it alone. Looks like it is. No wonder the other stocks are terrified."}
{"_id": "349087", "title": "", "text": "For filling out the W8-BEN form, please refer to the instructions in the document named: Instructions for Form W-8BEN  Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting"}
{"_id": "349091", "title": "", "text": "Yes, but that wasnt the real issue. Lehman brothers didnt bring the recession, they were just a symptom of it. The real issue was the commodization of private loans provided by banks which weren't properly vetted or secured and were sold as AAA investments. So when a run on those investments occured, their value plummeted leaving many investment institutions with a gaping hole in their accounts that quickly grew in scope."}
{"_id": "349100", "title": "", "text": "Economics is the study of the distribution of goods and services, it is not theology, the study of devinity and the after life, perfect worlds where evil is punished and good is satiated with boundless plenty.  Capitalism is imperfect because humans are imperfect. The best you can do in an imperfect world is reward people for contributing. The worst you can do is hand out free brownie points based on how closely you align with one interest groups arbitrary definition of need.  But then again, I can say this to you until I'm blue in the face. You are stubbornly attached to a false moralistic approach to goods distribution."}
{"_id": "349139", "title": "", "text": "Depends on how urgent your need for the emergency savings might be. If the money market account allows you to get your money in the same amount of time as the savings account then there is no real downside, but if the account takes a few days for you to access and you need your money sooner then you probably shouldn't. Also money market accounts DO give more interest than most savings accounts, but the interest rates are generally still pretty low, so it might be an improvement, but probably not a huge one"}
{"_id": "349147", "title": "", "text": "\"What if everyone decided to sell all the shares at a given moment, let's say when the stock is trading at $40? I imagine supply would outweigh demand and the stock would fall. Yes this is the case. Every large \"\"Sell\"\" order results in price going down and every large \"\"Buy\"\" order results in price going up. Hence typically when large orders are being executed, they are first negotiated outside for a price and then sold at the exchange. I am not talking about Ownership change event. If a company wants a change in ownership, the buyer would be ready to pay a premium over the market price to get controlling stake.\""}
{"_id": "349156", "title": "", "text": "Generally speaking, buying a fancy new car out of college is dumb. Buying a 3 year old flashy car with a 60 month loan is going to eat up your income, and when the thing starts breaking down, you'll get sick of buying $900 mufflers and $1,000 taillights pretty quickly. Buy a car that nobody wants for cheap and save up some money. Then buy yourself your dream car. Edit based on question update. You're posting to a Q&A site about money, and you're asking if spending over $30k (don't forget taxes) on a luxury car when you're making $60k is a good idea. You have car fever, and you're trying to sell this transaction as a good deal from a financial POV. At the end of the day, there is no scenario where buying an expensive car is a good financial transaction.  For example, since you're planning on driving too many miles for a lease to make sense, the certified pre-owned warranty is a non-factor, because you'll have no warranty when the car breaks down in 4 years. The only reason CPO programs exist is to boost residual values to make leases more attractive -- luxury car makers are in the car leasing (as opposed to selling) business."}
{"_id": "349160", "title": "", "text": "I will start with the assumption that you will never have any late payments and will fully pay off the loan. This may be a big assumption, but if you can't assume that, then you wouldn't have asked the question in the first place. The answer depends on your income: You should calculate how much student loan interest you can deduct before and after the switch, and adjust the interest rate accordingly to compensate for any difference."}
{"_id": "349181", "title": "", "text": "The most important filings are: Form 10-K, which is the annual report required by the U.S. Securities and Exchange Commission (SEC) and Form 10-Q, for the interim quarters."}
{"_id": "349196", "title": "", "text": "\"My thought is it is a \"\"safe bet\"\" as far as stocks go. Amazon is going to be around for a long time and is very innovative. I am willing to bet most people purchase the stock on that fact alone. Not its P/E and ROE.\""}
{"_id": "349208", "title": "", "text": "401K accounts, both regular and Roth, generally have loans available. There are maximum amounts that are based on federal limits, and your balance in the program. These rules also determine the amount of time you have to repay the loan, and what happens if you quit or are fired while the loan is outstanding. In these loan programs the loan comes from your 401K funds. Regarding matching funds. This plan is not atypical. Some match right away, some make you wait. Some put in X percent regardless of what you contribute. Some make you opt out, others make you opt in. Some will direct their automatic amounts to a specific fund, unless you tell them otherwise.  The big plus for the fund you describe is the immediate vesting. Some companies will match your investments but then only partially vest the funds. They don't want to put a bunch of matching funds into your account, and then have you leave.  So they say that if you leave before 5 years is up, they will not let you keep all the funds. If you leave after 2 years you keep 25%, if you leave after 3 years you keep 50%... The fact they immediately vest is a very generous plan."}
{"_id": "349209", "title": "", "text": "Technically, yes, you can do this. It's a form of arbitrage: you're taking advantage of a small price difference between two markets. But is it worth the hassle of keeping on top of the overdraft and making sure you don't incur any accidental penalties or fees? Interest rates are super low, and floating \u00a31000 or \u00a32000, you're only going to generate \u00a310-20 per year in a basic savings account."}
{"_id": "349211", "title": "", "text": "Certified Internetwork Expert (CCIE) SVP training is gaining huge popularity among the young professionals who want to make it big in the internet world. Cisco products are highly sophisticated products that are used in internet related areas such as routers, gateways, switches and so on."}
{"_id": "349234", "title": "", "text": "No. There are no short cuts to pretend you know something even though you never used it.  It's like saying you are truck driver by reading a book on how to drive trucks.  Find an entry level job in accounting/finance, and hopefully it will be using SAP. Even better: take training about how to use SAP for finance, in a school that uses SAP for hands-on training. I doubt it's easy to find such training."}
{"_id": "349237", "title": "", "text": "\"Budgeting is a tool for planning, not for execution. It sounds like you don't have a problem BUDGETING (planning what to spend on what things) but rather with the execution of your plan. That is - living frugally. This is primarily an issue of self control and personal psychology - not an issue with the mechanics of budgeting and finance, which explains why the most popular personal finance \"\"gurus\"\" (Dave Ramsey, Suze Ormond) deal as much with your relationship to money and spending as they do with financial knowledge. There is no easy answer here, but you can learn to spend less. One helpful thought is to realize that whatever your current income is, someone in your community is currently making less than that and surviving. What would you do differently if your real, actual income was $100 or $200 less than it is currently. If your food budget is a concern, learn to cook cheaply. (Often, this is more healthy.) You mentioned schooling, so I assume you are on or near a college campus. Many colleges have all sorts of free-food opportunities. (I used to eat free vegetarian meals weekly at a Hare Krsna temple. Price of admission: listening to the monk read from the Bhagavad Gita.) Fast food is, of course, a complete no-no on low-budget living. It probably goes without saying, but just in case you haven't: cancel cable, get a cheap phone plan (Ting is excellent if available in your area), and otherwise see how you can squeeze a few dollars out of your bills. On the subject of frugality, I have found no book more enlightening than: Money Secrets of the Amish: Finding True Abundance in Simplicity, Sharing, and Saving\""}
{"_id": "349257", "title": "", "text": "I can't understand online wine sales.  The market for wine clubs are so saturated.  A lot of liquor stores put on wine tasting since wine has the highest markup next to beer and booze.  Taste it, buy it.  Not see it online, buy it."}
{"_id": "349299", "title": "", "text": "\"This may vary some by the state, but the general facts are consistent broadly. The elements of check fraud typically are: This means that not only do you have to have presented a check that is returned for insufficient funds, but you must have known at the time that it wouldn't be honored.   It must typically also be given for present consideration, which is why the comments to the other answer correctly note that the post-dated check \"\"scam\"\" cooked up by the payday loan folks shouldn't generally be relevant under these laws; on the same site, they note the cases that are clearly not present consideration: So if I give you a check for $50 and it's returned for NSF because I screwed up my bank accounts and had all my money in savings, that's probably not fraud.  But if I decide I really want a Tesla X and give Tesla Motors a check for $95,000, knowing I don't have $95,000, that's fraud. How the prosecutor proves knowledge is probably beyond the scope of Personal Finance and Money Stack Exchange, though I imagine it tends to commonly be done so by showing the person doesn't normally have that much money in their account.\""}
{"_id": "349300", "title": "", "text": "Yeah those are similar numbers to the largest cities in the US.  You can buy a house in or near a mid-sized US city for 100K but it would be a very basic house in good not great neighborhood.  After the downturn, I bought 2 houses as investments.  One I bought for 31,000 USD and after renovations I had 85,000 in it.  Sold it for 115,000.  The other I bought for  $91,000.  I still have that one.  It rents for $1200/mo and is currently worth maybe $140,000 (3 Bedrooms, 1 full bath, 1 half bath, 1400 sq ft).  It is a very safe area but Cincinnati city schools.  FYI Cincinnati has a STEM academy that is one of the top public schools in the country but you have to test into that specific school.    Those prices just blow me away.  I make a very good living plus the investment income and I don't think I could even sort of make the payment on 1.4 million for a shack.  Everyone can't be a trust fund baby or a Google millionaire.  FYI(2) I joined a Bay Area internet startup back in the day and in the end it got bought up by an ERP company.  My stock that I hoped to make millions on got me a $45,000 payday (so a lot better than nothing but in no way buying me a house in the Bay Area)"}
{"_id": "349303", "title": "", "text": "Do you need it? It doesn't sound like it - you seem to be able to manage with just the cards you have.  Will it hurt anything? Probably not either, unless it entices you to spend more than you make.  Another downside might be that you would spend more than you normally would just to have activity on every card. So all in all, I don't see much upside."}
{"_id": "349319", "title": "", "text": "There are a few ways to make money from a market correction:"}
{"_id": "349321", "title": "", "text": "A majority of people in whichever country they reside, use the internet and make payment online. Using online services is indeed another technological advancement that allows you to complete your payments sitting at home at any time round the clock."}
{"_id": "349336", "title": "", "text": "Have you made the effort to even look?    Don't take the argument that because the average american spends little of their money on chinese goods its ok.  From your already linked and cited article.  What is an average american?  What about the 50% that are above average?  Spending, in fact is not the issue.  Jobs are.  Off-shoring is talking a toll on american manufacturing.  Then there are the white collar IT jobs.  Free trade agreements created jobs.  Where they equal to the jobs that moved out because of NAFTA?  No."}
{"_id": "349338", "title": "", "text": "An edge meaning the person would be smarter in the subject they enjoy so they can excel in a specific job for the detail that they excel in. Software Engineers are a good example. Someone with a normal intelligence level would fall on their face in the real world. A normal person can learn how to code, but being able to think outside the box in the right ways is what makes a software engineer special. Only people who are gifted+ can really excel and a high majority love it so much it borders autism.  And the thing most people don't understand about autism is for most it is only in children. After a certain age they appear normal. They are not the disabled or have a disability, just that they specialize in something far more than the average person does."}
{"_id": "349348", "title": "", "text": "\"I'm assuming that when you say \"\"convert to S-Corp tax treatment\"\" you're not talking about actually changing your LLC to a Corporation. There are two distinct pieces of the puzzle here. First, there's your organizational form. Your state, which is where the business is legally formed and recognized, creates the LLC or Corporation. \"\"S-Corp\"\" doesn't come into play here: your company is either an LLC or a Corporation. (There are a handful of other organizational types your state might have, e.g. PLLC, Limited Partnership, etc.; none of these are immediately relevant to this discussion). Second, there's the tax treatment you receive by the IRS. If your company was created by the state as an LLC, note that the IRS doesn't recognize LLCs as a distinct organizational type: you elect to be taxed as an individual (for single member LLCs), a partnership (for multiple member LLCs), or as a corporation. The former two elections are \"\"pass through\"\" -- there's no additional level of taxation on corporate profits, everything just passes through to the owners. The latter election introduces a tax on corporate profits. When you elect pass-through treatment, a single-member LLC files on Schedule C; a multiple-member LLC will prepare a form K-1 which you will include on your 1040. If your company was created by the state as a Corporation (not an LLC), you could still elect pass-through taxation if your company qualifies under the rules in Subchapter S (i.e. \"\"an S-Corp\"\"). States do not recognize \"\"S-Corp\"\" as part of the organizational process -- that's just a tax distinction used by the IRS (and possibly your state's tax authorities). In your case, if you are a single-member LLC (and assuming there are no other reasons to organize as a corporation), talking about \"\"S-Corp tax treatment\"\" doesn't make any sense. You'll just file your schedule C; in my experience it's fairly simple. (Note that this is based on my experience of single- and multiple-member LLCs in just two states. Your state may have different rules that affect state-level taxation; and the rules may change from year to year. I've found that hiring a good CPA to prepare the forms saves a good bit of stress and time that can be better applied to the business.)\""}
{"_id": "349355", "title": "", "text": "A foreign stock mutual fund definitely belongs in stocks. It's composed of stocks.  Your self occupied house is definitely real estate. You don have to keep in mind,however that selling it would create costs such as rent. I wouldn't leave it out, if doing that would cause you to buy more real estate. This would cause you to be overweighted in the real estate area.  I would tend to think if a CD as cash. While it could be considered a bond, as you said the principal doesn't go down.  The REIT is the toughest one. I would really like to see a graph showing how correlated it is to the real estate market. That would determine where I would put it."}
{"_id": "349356", "title": "", "text": "I just imagine some MBA with a fancy spreadsheet showing how profitable it would be to put Windows RT on the Surface. The results were Surface tablets that Microsoft had trouble getting rid of even when they were taking a huge loss on each one."}
{"_id": "349367", "title": "", "text": "Welcome to Fortune Passage. We are an interior design and its renovation company, which is located in Johor, Malaysia. We provide the best interior design in Johor from 18 years. We have best interior design professional, which specializes in a bungalow, residential design, retail &amp; office design, space planning, show house and all types of renovation works. If you want Interior design  service at your office and home, you can contact us at our office."}
{"_id": "349369", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://en.econreporter.com/en/2017/07/macroeconomic-earthquake-larry-christiano-thinks-post-2008-macroeconomics/) reduced by 97%. (I'm a bot) ***** &gt; We&amp;#039;ve asked Prof Christiano does he agree that modern macroeconomic models are too complicated for the general public, or even policymakers and if he agrees that economic models should be &amp;quot;Simpler&amp;quot;.  &gt; Among them, the DSGE would be used for explorations and discussion of the distortions; policy models should be based on another type of structural econometric models; and, for the communications with the public, we should use certain toy models like three-equations models, etc.  &gt; How do you avoid this in the future? Keep your eyes open! But it is not the matter of don&amp;#039;t work with DSGE models.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6peumw/a_macroeconomic_earthquake_how_larry_christiano/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~174975 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **model**^#1 **think**^#2 **bank**^#3 **very**^#4 **system**^#5\""}
{"_id": "349380", "title": "", "text": "Since you are leaving the country, get it sold by a real estate agent.  If you choose to lower the price and get it done quickly, or if you choose to wait for a fair value, the key here is to get many independent referrals (like a dozen) so you agent is trustworthy. I don't think you need to sign over power of attorney as fax machines are pretty reliable these days.  I won't matter if you live 50 miles or 5000 miles away. Renting it is not a great option because you can't easily follow up from another country.   Don't sell it to the rock bottom places.  Either you don't need the money and you can afford to you wait, or you need the money and it would be best to wait."}
{"_id": "349384", "title": "", "text": "There is no Roth 401(k) match. Or to be clear, when an employee deposits to a Roth 401(k), the company match goes into the traditional, pre-tax 401(k) account.  That money is subject to both tax and 10% penalty on early withdrawal."}
{"_id": "349403", "title": "", "text": "\"This is an unrelated subreddit, so I want to avoid starting unwanted discussion out of common courtesy. I am merely trying to reach out. But a joke among firearms enthusiasts goes thusly:  &gt; *Guy: \"\"Look, not only are you losing the arguments on home defense and hunting, but even if you weren't, the Second Amendment isn't about those things, it's about the ability to rebel against tyranny.\"\"*  &gt; *Narrator: \"\"That's paranoid and insane. A government will never become tyrannical!\"\"*  &gt; *Guy: \"\"What do you think of Donald Trump.\"\"*  &gt; *Narrator: \"\"He's literally Hitler. He wants to put Muslims and Women in FEMA camps.\"\"*  Also just a friendly tip, publicly advocating for violent overthrow is a prohibiting offense. You can never purchase a firearm from the closest thing we have to \"\"militia\"\" stock. Please consider what you have just posted to social media. *(Also consider these have been continually expanded to include \"\"feel good\"\" restrictions. [Such as calling someone the wrong gender pronoun. (1)](http://sacramento.cbslocal.com/2017/06/05/hate-crime-guns-california/) [(2)](http://www.foxnews.com/politics/2017/10/09/new-california-law-allows-jail-time-for-using-wrong-gender-pronoun-sponsor-denies-that-would-happen.html))*  &gt; *K. will not be in violation, by reason of my receipt or possession of a rifle, of any state law or published ordinance applicable where I reside;*  &gt; *L. have not been convicted of any federal or state felony or violation 18 U.S.C. \u00a7922, and am not a member of any organization that advocates the violent overthrow of the United states government.*  Sorry for the threadjack. I just wanted to point out certain groups have thrown away the ability to \"\"#Resist\"\", in the morbid hypothetical you point out.\""}
{"_id": "349417", "title": "", "text": "Your definition of 'outside your country' might need some redefinition, as there are three different things going on here . . . Your financial adviser appears to be highlighting the currency risk associated with point three. However, consider these risk scenarios . . . A) Your country enters a period of severe financial difficulty, and money markets shut down. Your brokerage becomes insolvent, and your investments are lost. In this scenario the fact of whether your investments were in an overseas index such as the S&P, or were purchased from an account denominated in a different currency, would be irrelevant. The only thing that would have mitigated this scenario is an account with an overseas broker. B) Your country's stock market enters a sustained and deep bear market, decimating the value of shares in its companies. In this scenario the fact of whether your investments were made in from a brokerage overseas, or were purchased from an account denominated in a different currency, would be irrelevant. The only thing that would have mitigate this scenario is investment in shares and indices outside your home country. Your adviser has a good point; as long as you intend to enjoy your retirement in your home country then it might be advisable to remove currency risk by holding an account in Rupees. However, you might like to consider reducing the other forms of risk by holding non-Indian securities to create a globally diversified portfolio, and also placing some of your capital in an account with a broker outside your home country (this may be very difficult to do in practice)."}
{"_id": "349424", "title": "", "text": "\"As you are earning an income by working in India, you are required to pay tax in India. If you contract is of freelance, then the income earned by you has to be self declared and taxes paid accordingly. There are some expenses one can claim, a CA should be able to guide you.   Not sure why the Swiss comapny is paying taxes?. Are they depositing this with Income Tax, India, do they have a TAN Number. If yes, then you don't need to pay tax. But you need to get a statement from your company showing the tax paid on behalf of you. You can also verify the tax paid on your behalf via \"\"http://incometaxindia.gov.in/26ASTaxCreditStatement.asp\"\" you cna register. Alternatively if you have a Bank Account in India with a PAN card on their records, most Banks provide a link to directly see\""}
{"_id": "349445", "title": "", "text": "Today typically a Business needs to hold accounts in more than one currency. Banks in certain countries are offering what is called a dual currency account. It is essentially 2 accounts with same account number but different currency. So One can have an account number say 123456 and have it in say AUD and USD. So the balance will always show as X AUD and Y USD. If you deposit funds [electronic, check or cash] in USD; your USD balance goes up. Likewise at the time of withdrawal you have to specify what currency you are withdrawing. Interest rates are calculated at different percentage for different currencies.  So in a nutshell it would like operating 2 accounts, with the advantage of remembering only one account number. Designate a particular currency as default currency. So if you don't quote a currency along with the account number, it would be treated as default currency. Otherwise you always quote the account number and currency. Of-course bundled with other services like free Fx Advice etc it makes the entire proposition very attractive. Edit: If you have AUD 100 and USD 100, if you try and withdraw USD 110, it will not be allowed; Unless you also sign up for a auto sweep conversion.  If you deposit a GBP check into the account, by default it would get converted into AUD [assuming AUD is the default currency]"}
{"_id": "349458", "title": "", "text": "That your asking is a good first step towards taking control of your future. But truly, you must seek the advice of a personal consultant that is much more in tune with your finances that anyone out here in the public will be.  You can get this type of advice locally, or if you want something online, I suggest oDesk or something similar to find a large pool of people and to efficiently find the right person for suited for your situation."}
{"_id": "349459", "title": "", "text": "Here at Slimming Solutions Ltd, we offer a wide variety of slimming tea products. From oolong to feiyan, our range of slimming teas is guaranteed to help you lose weight by speeding up your metabolism. These teas can also eliminate harmful toxins from your body. To know more about our slimming tea products, visit our website https://www.slimmingsolutions.com/."}
{"_id": "349461", "title": "", "text": "Does Coke count as one of his operating businesses though?  He's the biggest shareholder but wikipedia says it's around 26%.  There are some other huge cash cows in there as well; BNSF Railroad's earnings were like $3.5 billion last year, and Berkshire own 100% of the business."}
{"_id": "349466", "title": "", "text": "I had the same experience as Jeremy: made investments in both Prosper and Lending Club and got a much better returns with Lending Club, although in my cases both investments were ok: after 18 months i made 4-5% on prosper and 11-12% on Lending Club. I think they just have better underwriting standards."}
{"_id": "349468", "title": "", "text": "\"China has undergone an \"\"economic miracle\"\" over the past two decades.  Brand-spanking new cities have sprung up all over China during that time, and Hong Kong is no longer the shiny pearl it used to be in comparison with the rest of China.  It doesn't capture as much mind-share of the Chinese people as it used to now that there are alternatives.  Sort of like if the Apple iPhone were ever to fall behind Android phones in fashion and technology.\""}
{"_id": "349475", "title": "", "text": "I think you are answering your own question. :)  I merely meant to stress that the original comment had no idea what he/she was talking about. Nobody buys a boat as an investment. The idea is ludicrous. That is what I meant."}
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{"_id": "349502", "title": "", "text": "I believe the appropriate recourse in this scenario is to bring a court case for breach of contract.   The 1p repricing issue has been admitted as an error out of scope of the purpose of the software."}
{"_id": "349514", "title": "", "text": "In my experience, even with such POS machines, there is a display that asks you to confirm your total, as a very last step, even if they ask if you want a receipt as a first step. By this manner, it would be nearly impossible for the teller to change the total without you noticing, so long as you read the total given to you by the device.  The scam in question is more likely to happen in a restaurant with the additional tip segment, allowing someone to give themselves more of a tip than you initially wrote onto the receipt. This is the only way I believe you would have a feasible chance of being cheated like this."}
{"_id": "349518", "title": "", "text": "\"No it does not.  Candlesticks really have nothing to do with this, a stock price can open different then the previous day's close. Examining the chart of TSLA provides an example it closed on 1/18 at 238.8 it opened on 1/19 at 243.7 In candlestick parlance is is known as a \"\"gap up\"\".\""}
{"_id": "349529", "title": "", "text": "Show me a real case where as soon as the hive is destroyed and the bee dies immediately, or drop this silly example.  &gt; Your 95 year old mother will not survive for long regardless. And it is highly doubtful that she really contributes much of anything to society anymore.  We all die eventually and your comments about the elderly are alarming.   &gt; Oh, they probably could.  Yeah, it's common to see a two year old in the wilderness, living off the land."}
{"_id": "349530", "title": "", "text": "Seair Exim is the best portal for looking Tramadol Import Data. Find more details of Tramadol shipment data to India with price, date, HS codes, major Indian ports, countries, importers, buyers in India, quantity and more is also mentioned on the website."}
{"_id": "349536", "title": "", "text": "You have not lost value. It is just that the shares you owned, are now not tradable on US stock exchanges. You still have the value of your shares protected. In cases like de-listing of a stock, typically a trust (may be managed by a bank) is setup to help customers liquidate their stocks. You should try to search the relevant SEC filings for de-listing of this stock to get more details on whom to contact."}
{"_id": "349544", "title": "", "text": "\"Make a list of all your expenses. I use an Excel spreadsheet but you can do it on the back of a napkin if you prefer. List fixed expenses, like rent, loan payments, insurance, etc. I include giving to church and charity as fixed expenses, but of course that's up to you. List regular but not fixed expenses, like food, heat and electricity, gas, etc. Come up with reasonable average or typical values for these. Keep records for at least a few months so you're not just guessing. (Though remember that some will vary with the season: presumably you spend a lot more on heat in the winter than in the summer, etc.) You should budget to put something into savings and retirement. If you're young and just starting out, it's easy to decide to postpone retirement savings. But the sooner you start, the more the money will add up. Even if you can't put away a lot, try to put away SOMETHING. And if you budget for it, you should just get used to not having this money to play with. Then total all this up and compare to your income. If the total is more than your income, you have a problem! You need to find a way to cut some expenses. I won't go any further with that thought -- that's another subject. Hopefully you have some money left over after paying all the regular expenses. That's what you have to play with for entertainment and other non-essentials. Make a schedule for paying your bills. I get paid twice a month, and so I pay most of my bills when I get a paycheck. I have some bills that I allocate to the first check of the month and some to the second, for others, whatever bills came in since my last check, I pay with the current check. I have it arranged so each check is big enough to pay all the bills that come from that check. If you can't do that, if you'll have a surplus from one check and a shortage from the next, then be sure to put money aside from the surplus check to cover the bills you'll pay at the next pay period.  Always pay your bills before you spend money on entertainment. Always have a plan to pay your bills. Don't say, \"\"oh, I'll come up with the money somehow\"\". If you have debt -- student loans, car loans, etc -- have a plan to pay it off. One of the most common traps people fall into is saying, \"\"I really need to get out of debt. And I'm going to start paying off my debt. Next month, because this month I really want to buy this way cool toy.\"\" They put off getting out of debt until they have frittered away huge amounts of money on interest. Or worse, they keep accumulating new debt until they can't even pay the interest.\""}
{"_id": "349545", "title": "", "text": "As JoeTaxpayer has commented, the markets are littered with the carcasses of those who buy into the idea that markets submit readily to formal analysis.   Financial markets are amongst the most complex systems we know of.  To borrow a concept from mathematics - that of a chaotic system - one might say that financial markets are a chaotic system comprised of a nested structure of chaotic subsystems. For example, the unpredictable behaviour of a single (big) market participant can have dramatic effects on overall market behaviour. In my experience, becoming a successful investor requires a considerable amount of time and commitment and has a steep learning curve.  Your actions in abandoning your graduate studies hint that you are perhaps lacking in commitment. Most people believe that they are special and that investing will be easy money.  If you are currently entertaining such thoughts, then you would be well advised to forget them immediately and prepare to show some humility. TL/DR; It is currently considered that behavioural psychology is a valuable tool in understanding investors behaviour as well as overall market trends.  Also in the area of psychology, confirmation bias is another aspect of trading that it is important to keep in mind.  Quantitative analysis is a mathematical tool that is currently used by hedge funds and the big investment banks, however these methods require considerable resources and given the  performance of hedge funds in the last few years, it does not appear to be worth the investment. If you are serious in wanting to make the necessary commitments, then here are a few ideas on where to start : There are certain technical details that you will need to understand in order to quantify the risks you are taking beyond simple buying and holding financial instruments.  For example, how option strategies can be used limit your risk; how margin requirements may force your hand in volatile markets; how different markets impact on one another - e.g., the relationship between bond markets and equity markets; and a host of other issues.  Also, to repeat, it is important to understand how your own psychology can impact on your investment decisions."}
{"_id": "349549", "title": "", "text": "I ate a burger at McDonalds for the first time since I was a kid the other week. They could easily switch out that patty for a meatless product and no one would ever know the difference. It really barely resembles meat right now."}
{"_id": "349554", "title": "", "text": "\"The address under a bank's name on a check, if there is one, is generally going to be the contact address of the bank. That will be true no matter where on the check the bank's name appears. The address of the person or business the account belongs to, if present, will appear under their name. This information block is typically near the top left corner the check, so it will be visible as the return address if the check is mailed in a \"\"window envelope\"\" designed for this purpose. The address the check is being mailed to, if it appears on the check, will generally appear low on the check and to the right, so it will be visible as the destination address when the check is mailed using a \"\"window envelope\"\" designed for this purpose. If that isn't the answer you were looking for, please clarify your question.\""}
{"_id": "349567", "title": "", "text": "for buying: High PE, low debt, discount = win. a company with high debt (in relation to revenues and cash on hand) will have to pay interest and pay off the debt, stunting their growth. and just like a normal person, will barely be able to pay their bills and keep borrowing and might go bankrupt determining discount is just looking for a technical retracement to a support level or lower. (but if you dont enter at the support level, you most likely missed the best entry)"}
{"_id": "349594", "title": "", "text": "That is called \u201celectrical fault\u201d - someone had to go pop a breaker and add that subsystem to the \u201cknown bad and disabled\u201d list for the airplane\u2019s checklist. There a few such items on every plane, usually to do with passenger comfort or a plugged sink or something like that."}
{"_id": "349602", "title": "", "text": "Holding Companies:  Bank of America Corporation Long-term senior unsecured debt to Baa2 from Baa1, outlook negative; Short-term P-2 affirmed  Barclays plc Long-term issuer rating to A3 from A1, outlook negative; Short-term to P-2 from P-1  Citigroup Inc. Long-term senior debt to Baa2 from A3, outlook negative; short-term P-2 affirmed  Credit Suisse Group AG Provisional senior debt to (P)A2 from (P)Aa2, outlook stable; Provisional Short-term (P)P-1 affirmed  The Goldman Sachs Group, Inc. Long-term senior unsecured debt to A3 from A1, outlook negative; Short-term to P-2 from P-1  HSBC Holdings plc Long-term senior debt to Aa3 from Aa2, outlook negative; Provisional Short-term (P)P-1 affirmed  JPMorgan Chase &amp; Co. Long-term senior debt to A2 from Aa3, outlook negative; Short-term P-1 affirmed  Morgan Stanley Long-term senior unsecured debt to Baa1 from A2; outlook negative; Short-term to P-2 from P-1  Royal Bank of Scotland Group plc Long-term senior debt to Baa1 from A3, outlook negative; Short-term P-2 affirmed  -------------  Operating Companies:  Bank of America, N.A. Long-term deposit rating to A3 from A2, outlook stable; Short-term to P-2 from P-1  Barclays Bank plc Long-term issuer rating to A2 from Aa3, outlook negative; Short-term P-1 affirmed  BNP Paribas Long-term debt and deposit rating to A2 from Aa3; outlook stable; Short-term P-1 affirmed  Citibank, N.A. Long-term deposit rating to A3 from A1, outlook stable; Short-term to P-2 from P-1  Credit Agricole S.A. Long-term debt and deposit rating to A2 from Aa3, outlook negative; Short-term P-1 affirmed  Credit Suisse AG Long-term deposit and senior debt rating to A1 from Aa1, outlook stable; Short-term P-1 affirmed  Deutsche Bank AG Long-term deposit rating to A2 from Aa3, outlook stable; Short-term P-1 affirmed  Goldman Sachs Bank USA Long-term deposit rating to A2 from Aa3, outlook stable; Short-term P-1 affirmed  HSBC Bank plc Long-term deposit rating to Aa3 from Aa2, outlook negative; Short-term P-1 affirmed  JPMorgan Chase Bank, N.A. Long-term deposit rating to Aa3 from Aa1, outlook stable; Short-term P-1 affirmed  Morgan Stanley Bank, N.A. Long-term deposit rating to A3 from A1, outlook stable; Short-term to P-2 from P-1  Royal Bank of Canada Long-term deposit rating to Aa3 from Aa1, outlook stable; Short-term P-1 affirmed  Royal Bank of Scotland plc Long-term deposit rating to A3 from A2; outlook negative; Short-term to P-2 from P-1  Societe Generale Long-term debt and deposit to A2 from A1; outlook stable; Short-term P-1 affirmed  UBS AG Long-term debt and deposit to A2 from Aa3, outlook stable; Short-term P-1 confirmed."}
{"_id": "349603", "title": "", "text": "\"but the disturbing thing isn't just that the new home sales have dropped to 2000 or 1995 levels...  it's that they've dropped to record lows and stayed there.   The chart shows \"\"normal\"\" as being somewhere around 600,000 and we've been bouncing around below 400,000 for a few years now.\""}
{"_id": "349607", "title": "", "text": "I cannot emphasize enough how important it is, when you buy a house with someone you are not married to, to make a legal agreement on how the money should be divided when you sell. I know it's too late for you, but I write this for anyone else reading this answer. From a legal point of view, if you made no agreement otherwise, you each own 50% of the house. If you want to divide it any other way, you will have to agree what an appropriate division is. Dividing according to the amount each of you paid towards it is a good way. Decide for yourselves if that means just mortgage payments, or also taxes, repairs, utilities etc. You should also be aware that if you have been living together a long time, like more than a year, some jurisdictions will allow one party to sue the other as if they were getting divorced. Then the courts would be involved in the division of property."}
{"_id": "349611", "title": "", "text": "I would like to know how they calculated such monthly payment The formula is:  Your values would come out to be: r = (1+3.06/(100*365))^31-1=0.002602 (converting your annual percentage to a monthly rate equivalent of daily compounded interest) PV = 12865.57 n = 48 Inserting your values into the formula: P = [r*(PV)]/[1-(1+r)^(-n)] P = [0.002602*(12865.57)]/[1-(1.002602)^(-48)] P = 285.47"}
{"_id": "349621", "title": "", "text": "\"Option 1 is out. There are no \"\"safe returns\"\" that make much money. Besides, if a correction does come along how will you know when to invest? There is no signal that says when the bottom is reached, and you emotions could keep you from acting. Option 2 (dollar cost averaging) is prudent and comforting. There are always some bargains about. You could start with an energy ETF or a few \"\"big oil\"\" company stocks right now.\""}
{"_id": "349641", "title": "", "text": "It's actually becoming a lot more common these days because the smaller banks and CUs have to compete with the Bank of Americas of the world - they have ATMs everywhere and people really cling to that feeling of convenience.  Rebating foreign ATM fees is actually more cost effective than setting up a billion ATMs in a lot of cases too, so it makes sense from a couple of perspectives."}
{"_id": "349643", "title": "", "text": ".... Dude. PLEASE turn off Fox News for a few minutes. Your  world view is so far from reality that I don't even know where to begin. I have no interest in continuing this discussion.   If you'd ever like to have a discussion where you DON'T act like a racist dick head, I'd be glad to have such a discussion. But the false garbage that you're spreading right now, not only is ignorant, but is also irresponsible and dangerous. There are people (much like you) who are not smart enough to realize that that's pure fabricated bologna.  It's dangerous to expose them to such false narratives, because some might actually believe it. I beg you to stop spreading bullshit about things you don't understand, even though we both know that people who think like you don't listen to reason and logic."}
{"_id": "349650", "title": "", "text": "Institutional investors are not just rich guys they are rich guys managing money wherever it is left. Banks, retirement funds, hedge funds, pension funds, the social security fund (though they only invest in the US government)  Edit: the pension fun is idle capital looking to bring in returns."}
{"_id": "349660", "title": "", "text": "Here's my answer for what it's worth:"}
{"_id": "349662", "title": "", "text": "Ok thats a lot better but there is no ridicule in it, there is no binding agent between the dog and PePe  The Art of diplomacy requires that a little humor be mixed in, even if you know now that they can't stop your missiles, you still need to be a little gracious  Orange Dog   Bankrupt dog  Retarded Dog  Ignorant &amp; shameful dog  Please just because the Missile shield does not work is no need to be rude"}
{"_id": "349668", "title": "", "text": "This is more than likely a thing about your financial institution and the exchanges where they trade shares. Some exchanges cannot/will not handle odd lot transactions. Most established brokerages have software and accounting systems that will deal in round lots with the exchanges, but can track your shares individually. Sometimes specific stocks cannot be purchased in odd lots due to circumstances specific to that stock (trading only on a specific exchange, for example).  Most brokerages offer dollar-cost averaging programs, but may limit which stocks are eligible, due to odd lot and partial share purchases. Check with your brokerage to see if they can support odd lot and/or DCA purchases. You may find another similar ETF with similar holdings that has better trading conditions, or might consider an open-end mutual fund with similar objectives. Mutual funds allow partial share purchases (you have $100 to invest today, and they issue you 35.2 shares, for example)."}
{"_id": "349669", "title": "", "text": "A friend of mine has two credit cards.  He has specifically arranged with the card issuers so that the billing cycles are 15 days out of sync.  He uses whichever card has more recently ended its billing cycle, which gives him the longest possible time between purchase and the due date to avoid interest."}
{"_id": "349672", "title": "", "text": "The answer is simple. You can generally claim a deduction for an expense if that expense was used to derive an income. Of course social policy sometimes gets in the way and allows for deductions where they usually wouldn't be allowed. Your rent is not tax deductible because this expense is not used to derive your income. If however you were working from your home, example - you had a home based business, and you dedicated a part of your home for your work, say an office, then part of your rent may then become tax deductible."}
{"_id": "349674", "title": "", "text": "Does allowing family to stay at the rental jeopardize my depreciation?  No, accumulated depreciation that hasn't been deducted reduces your basis in the event of sale. That doesn't go anywhere. Accumulating more may not be allowed though. If the property is no longer rental (i.e.: personal use, your family member lives there for free), you cannot claim expenses or depreciation on it. If you still rent it out to your family member, but not at the fair market value, then you can only claim expenses up to the rental income. I.e.: you can only depreciate up to the extent the depreciation (after all the expenses) not being over the income generated. You cannot generate losses in such case, even if disallowed. If you rent to your family member at the market rate (make sure it is properly documented), then the family relationship really doesn't matter. You continue accumulating expenses as usual."}
{"_id": "349684", "title": "", "text": "this is not necessarily true. sometimes it makes sense for a public company to go private. usually a private equity firm will buy up the shares. the private equity firm would usually be financed by a bank and the cash flow from the company will help pay off the financing. there are pros and cons to both private and public companies. a pro for a private company is the reduced regulation and there is no need to follow sarbanes-oxley act."}
{"_id": "349685", "title": "", "text": "Creating cabinets, shelves as well as other kinds of furniture through wood working skills is called cabinetry.Cabinets can be of face frame construction or as frameless construction (which is popularly called as euro style or European style).Usually, the cabinets have one or more than one compartments."}
{"_id": "349687", "title": "", "text": "You are looking for arbitrage, not in real terms, and you may lose heavily. Big banks would suck out all profit before you get a chance to react. There are thousands of algorithmic trading systems in banks, which specifically predict such situations and try to make money from such moves. If you can invest in such a system, probably you can make a killing, else best is to forget about it. Remember that somebody before you has surely thought about it and put a system in place, so that somebody else cannot make money out of it before he/she does."}
{"_id": "349688", "title": "", "text": "You might want to [read this one too... that talks about the bonuses paid out to execs while the company was going under](http://www.michigancapitolconfidential.com/17686).  This wasn't just a well run company that went under temporarily.  They had an awesome product and loads of cash and squandered it at the expense of the taxpayer.   ...  while the executives got rich.  &gt;In sum: The president of the United States, Michigan\u2019s former governor, the state\u2019s two U.S. senators and the U.S. Secretary of Energy promised thousands of jobs from a company that in a mere two years went bankrupt. Despite a bankruptcy or buyout predicted by outside observers, the company continued to reward its top executives while laying off most of its workforce.   Defend that if you want..  me, I'll go look at the few A123 cells that I have and be pissed off that the execs got a dime for failing with a great product."}
{"_id": "349692", "title": "", "text": "Maybe learn some coding at home. Try and get a desk job somewhere and learn on the side. I'm trying to do that on the side to make my skills better. So applicable in so many settings. I'm starting with basic excel vba since most normal people use excel in some form or fashion. Great videos online."}
{"_id": "349693", "title": "", "text": "If you can find a tenant by networking -- co-worker, friend of a friend, etc. -- rather than openly advertising, that often gives you a better pool. Side advice:  Check what local housing laws apply to renting a room rather than having a housemate. Once you start advertising this you may be subject to fair housing laws, additional code requirements, and so on."}
{"_id": "349705", "title": "", "text": "Renters' Insurance should also have some level of liability coverage. I.e.: if you caused a flooding because you went on and broke the pipe, or a fire because you smoked in the bed - there should be some level of coverage for that. However, most of the damage the tenant can do is probably not accidental. If you broke the pipe - you probably did something wrong. If you caused fire by smoking in bed - you obviously did something wrong. While seemingly accidental, you're deeply at fault. Insurance companies are not in business for rewarding risky behavior. Accidents where the tenant has nothing to do with what happened (earthquakes, fires because of, say, wiring, flooding because it rained too much, or bird flying into a window and shattering it) - are covered by the homeowner's insurance. In any case, talk to your insurance agent about your specific policy and concerns."}
{"_id": "349706", "title": "", "text": "\"The presenter suggested we keep records of our claims for 10+ years in paper form. This seemed to be overkill. It would be overkill if you're taking distributions regularly and you have enough valid (and otherwise unreimbursed) medical receipts each year to correspond to your distributions. However, if you are pumping money into the HSA without regular distributions, then you may need to keep receipts for a long time, possibly since the beginning of your HSA. For example: If the IRS was to audit my HSA deductions would the Aetna online claims be adequate? It's better than nothing, but it is not ideal. You need to provide proof of what you actually paid, not just what was billed. (How would the IRS know if you actually paid the bill?) So, the bill and receipt together would be preferred. Also, there are many eligible expenses for HSA that would not be covered by your health insurance and would not appear in your Aetna statements (dental work for example). Personally I have an excel spreadsheet with every eligible expense listed, every contribution and distribution I make, and a box of receipts since I opened the HSA account. Should I also archive screenshots of these claims digitally somewhere? If you have the time and diligence to do it, then it wouldn't hurt. I personally am only one house fire away from having to make a lot of phone calls if I wanted to re-build my receipts folder from scratch. I actually have \"\"scan my HSA receipts\"\" on my todo list (where's it been for years as a pretty low priority). Lastly it makes sense to spend the money in my HSA on anything eligible because you can never roll it over into a retirement account, its shaky if another person (spouse) could get reimbursed for eligible medical expenses if you die, and if you lose your receipts you may not be able to spend all of the HSA money tax free. Is this an accurate assessment or is there a reason why I should not touch the HSA money at all and wait to reimburse my eligible expenses. First off, if you are married the HSA can be transferred to your spouse. But in general, it really depends on what you would do with the money if you distributed it right away. If you need the money to pay debts, bills, etc, then it might make sense to take it, but if it would be extra money that you would invest somewhere, then you should leave it in the HSA because it grows tax free while it's in there and (probably) wouldn't if you take it out. The caveat though is that you need to find an HSA administrator that offers your preferred investment choices. As for your worry that you might lose your receipts, well, that's a valid point- but I wouldn't drive my decision based on that- I would archive them digitally to remove that concern completely. ...Should I reimburse myself from ... the HSA funds if I am not hitting the 401k limit yet? It depends. If it's a Roth 401k, all other things being equal, (you are able to choose the same investments with your HSA as you can choose in your 401K, and the costs are the same), then you are better off leaving the money in your HSA rather than pulling it out and putting it into the Roth 401k. The reason is that there is no tax difference, and once you put it into the 401K you (probably) can't touch it (for free) until you retire. With the HSA, if you could have taken a distribution but chose not to, then you can take that amount of money out anytime you want to without any consequences, just like your normal checking account. However, if you have a traditional 401k, and if taking HSA distributions would increase your cash flow such that you could afford to contribute more to the 401k, then this would lower your tax burden that year by reducing your taxable income.\""}
{"_id": "349710", "title": "", "text": "No. Unless you are ten Bill Gates rolled into one man, you can not possibly hope to make a dent in the 14 trillion debt. Even if you were and paid off whole debt in one payment, budget deficits would restore it to old glory in a short time. If you have some extra money, I'd advise to either choose a charity and donate to somebody who needs your help directly or if you are so inclined, support a campaign of a financially conservative politician (only if you are sure he is a financial conservative and doesn't just tell this to get elected - I have no idea how you could do it :)."}
{"_id": "349733", "title": "", "text": "A travel broker can offer solutions to any concerns about records need for honeymoon holiday vacation- An individual's broker knows essential ending schedules and requirements for us passports, etc. They will help direct you through the process. A complete travel brokers can present you with some expert benefits for honeymoon holiday vacation- Since travel providers are familiar with the right things to ask, they may be capable of coming up with offers that the common person would never come across on their own."}
{"_id": "349738", "title": "", "text": "I would focus entirely on the emergency fund first and get it built up as fast as you can.  Once that is in place, you've got a cushion that will keep you from going into debt in an emergency.  Depending on your monthly expenses, $2000 seems low for that.  I'd aim for 3-6 months worth of expenses. Note that this is $800 less than your monthly income because of your savings. Once you have your emergency fund in place, then follow a formula like @MrChrister's to invest for retirement and save for future major purchases (car, house, vacation, etc)."}
{"_id": "349753", "title": "", "text": "It's the same with Pinterest, except I can't decide if it's insidious or useful. I can spam my friends with cool products, but I can also get paid to do it. It is helpful, then again it's like running ads on your twitter feed."}
{"_id": "349762", "title": "", "text": "Frisco really hits all the marks except public transport. Compared to the other candidates, much lower cost of living, excellent schools, close to an airport that is a major hub and a 3 hour flight to anywhere in the us, highly educated population, verrrry family friendly, the city is brand new, and on top of incentives, taxes are ridiculously low to begin with. Amazon also has a couple of huge warehouses in the dfw area."}
{"_id": "349764", "title": "", "text": "Paying weekly to be able to have maneuver room under your credit limit is a way to handle low credit limits. Doing it to boost your credit score when you have no immediate need for a loan is wasting energy.  A few months in advance of buying a car or house, you can start to worry about your utilization rate. When you apply for the loan they will pull your credit file, and that will lock in your utilization rates. Then make sure that you pay the balance quickly, and if you need to make a big purchase pay the bill before the account closes for the month. Keep in mind that if you pay the balance every month the highest utilization rate will occur the day the payment is due. This is because it not only has all the purchases from the previous bill, but all the purchases you have made since that bill closed. For example if you have a credit limit of 10K and you spend 2K a month on the credit card, on the day the payment is due it is not unusual to see the total owed to be above 3K. If they pulled your file on that day, your utilization rate would appear to be above 30%."}
{"_id": "349765", "title": "", "text": "\"Our Website http://fantasydiamondsllc.com/ Diamond engagement rings, with their ideal clearness and also undestroyable nature, have actually come to represent the pureness and eternal commitment between a man as well as his spouse. Visit United States at Fantasy Diamonds of New York City, to acquire your Interaction ring for your special loved one. Diamond involvement rings are happily and also commonly worn by a bride-to-be as a powerful sign that she is \"\"taken\"\" and will certainly soon be wed to her true love. The ring is viewed as an indicator of love, belief, integrity, party, and also the riches of the groom. By positioning the ring on his soon-to-be-wife, the groom gives the world an outside demo that he not just likes his bride, however also could afford to marry her and also take her from her daddy's care.\""}
{"_id": "349767", "title": "", "text": "Think about how many bills a person had to pay from a single paycheck back then. Think about it now. You've got ten times as many things to pay for, with half the money.   Real incomes have been DECLINING since the 70s. First we worked more hours, then we sent women to work, then we ran up credit card and mortgage debt, then we had no options left and everything's fucked.  All because the top 1% have been keeping all productivity gains for 40 years, instead of leaving them with the people who EARNED and CREATED those gains, the employees."}
{"_id": "349776", "title": "", "text": "Magnifique Mosaic Lamps boule en mosa\u00efque de verre craquel\u00e9 Vert/Dor\u00e9 pour mettre une ambiance tamis\u00e9e dans votre salle \u00e0 manger ou dans votre pi\u00e8ce \u00e0 vivre. En d\u00e9tail :       Type de produit : Mosaic Lamps table  Couleur : Vert - Dor\u00e9 - M\u00e9tal laqu\u00e9 noir - Joint noir Mati\u00e8re : Abat-jour : globe en verre recouvert de mosa\u00efque craquel\u00e9e, jointoy\u00e9e - Pi\u00e8tement : m\u00e9tal laqu\u00e9 Caract\u00e9ristiques : 1 x 25W E14 Dimensions : \u00d8 15,5 cm x H 22,2 cm"}
{"_id": "349786", "title": "", "text": "\"As soon as basic income gets anywhere near reality, Republicans will point out that it is pay \"\"*those*\"\" lazy people to do absolutely nothing, and it will be defeated.  The basic problem is that right wing voters can't accept helping poor people if some are non-white.\""}
{"_id": "349803", "title": "", "text": "Most economies are able to calibrate prices naturally through supply and demand. I'd look at building an efficient market if the economy will be a central feature. Looking at mature game economies like Warcraft to see what drives price changes in both finished and input goods may provide good examples of what yours might look like."}
{"_id": "349805", "title": "", "text": "Kraemer &amp; Kraemer firm has since been evolving and expanding  alongside the international service center of Panama, delivering services of the highest caliber to both international and domestic customer and enjoying an incomparable reputation. Our team has a full information of Law in Chiriqui. Chiriqui is a province of Panama country. This state amazingly local and foreign visitors on their way to the internationally renowned tourist beaches."}
{"_id": "349822", "title": "", "text": "\"Sure they work - right until they don't. Explanation: A stock picking strategy based on technical indicators is at worst a mix of random guessing and confirmation bias, which will \"\"work\"\" only due to luck.  At best, it exploits a systematic inefficiency of the market. And any such inefficiency will automatically disappear when it is exploited by many traders. If it's published in a book, it is pretty much guaranteed not to work anymore. Oh, and you only get to know in hindsight (if at all) which of the two cases above applies to any given strategy.\""}
{"_id": "349824", "title": "", "text": "Remove those time-honored promotional techniques from your advertising campaign file and include the newer ways to connect to your target audience. Find the perfect audio video content for your marketing requirements from One Shop Film Productions. Here, you can get your video crafted based on custom attributes. Visit osfp.in now!"}
{"_id": "349838", "title": "", "text": "\"Speculation is when someone else makes an investment you don't like. The above is tongue in cheek, but is a serious answer. There are several attempts at separating the two, but they turn into moral judgements on the value of a pure \"\"buy and hold\"\" versus any other investment strategy (which is itself doubtful: is shorting an oil stock more \"\"speculation\"\" than buying and holding an alternative energy stock?). Some economists take the other route and just argue that we should remove the moral judgement and celebrate speculation as we celebrate investment.\""}
{"_id": "349847", "title": "", "text": "Your total salary deferral cannot exceed $18K (as of 2016). You can split it between your different jobs as you want, to maximize the matching.  You can contribute non-elective contribution on top of that, which means that your self-proprietorship will commit to paying you that portion regardless of your deferral. That would be on top of the $18K. You cannot contribute more than 20% of your earnings, though. So if you earn $2K, you can add $400 on top of the $18K limit (ignoring the SE tax for a second here). Keep in mind that if you ever have employees, the non-elective contribution will apply to them as well. Also, the total contribution limit from all sources (deferral, matching, non-elective) cannot exceed $53K (for 2016)."}
{"_id": "349851", "title": "", "text": "I'd also like to address you're ridiculous implication that more liberal countries ie Sweden denmark etc etc are more innovative. That's a fallacy and I'll prove it. The United States has more Nobel prize winners than any other country by a long shot. We have arguably (in spite of the fda) the best medical services in the world. Switzerland is also arguably the most innovative country in the world it's not because of basic needs being taken care of its because of surplus capital in the private sector. Look at how space x can launch a shuttle for 300 million  less than NASA can. The free market does everything cheaper and more efficiently than the government can."}
{"_id": "349852", "title": "", "text": "Annuities, like life insurance, are sold rather than bought.  Once upon a time, IRAs inherited from a non-spouse  required the beneficiary to  (a) take all the money out within 5 years, or  (b) choose to receive the value of the IRA at the time of  the IRA owner's death in equal installments over the expected  lifetime of the beneficiary.  If the latter option was chosen, the IRA custodian issued the  fixed-term annuity in return for the IRA assets. If the IRA  was invested in (say) 15000 shares of IBM stock, that stock  would then belong to the IRA custodian who was obligated to  pay $x per year to the beneficiary for the next 23 years (say). There was no investment any more that could be transferred  to another broker, or be sold and the proceeds invested in Facebook stock (say).  Nor was the custodian under any  obligation to do anything except pay $x per year to the  beneficiary for the 23 years. Financial planners loved to get at this money under the old IRA rules by suggesting that if all the IRA money were taken out and invested in stocks or mutual funds through  their company, the company would pay a guaranteed $y  per year, would pay more than $y in each year that the  investments did well, would continue payment until the  beneficiary died (or till the death of the beneficiary  or beneficiary's spouse - whoever died later), and would return the entire sum invested (less payouts already made, of course) in case of premature death. $y typically would be a little larger than $x too, because it factored in some earnings of the investment over the years. So what was not to like? Of course, the commissions earned by the planner and the lousy mutual funds and the huge surrender charges were  always glossed over."}
{"_id": "349856", "title": "", "text": "With only $2000 in the account, I wouldn't worry about investing it.  Instead, I would roll this over into a new HSA account with a different provider.  Find a provider that doesn't charge ongoing fees, perhaps with a local credit union or bank.  Although you won't be able to add money to it, you can withdraw as you have eligible medical expenses, until it is gone."}
{"_id": "349866", "title": "", "text": "In my book if it comes in the mail with official looking envelopes, language and seals to try and get you to open it, the company isn't trust worthy enough for my business. I get a pile of these for my VA loan every week, I imagine FHA loans get similar junk mail. Rates are very low at the moment so it is likely that rates from reputable lenders are 1 to 2%  lower than say a year or 2 years ago.  In general if a lender gives you a GFE the numbers on it are going to be pretty accurate and there isn't a great deal of wiggle room for the lender so the concerns with reputation should focus on is this outfit some type of scam and then reviews on how good or bad their customer service is. Chances of running into a scam seem pretty low but the costs could be really high. As far as checking if an unknown lender is any good it is kind of tough to do. There is a list of Lenders on HUD's site. Checking BBB can't hurt but I wouldn't put a lot of stock into their recommendations. Doing some general Google searches certainly can't hurt but aren't fool proof either. Personally I would start by checking what prevailing rates are for your current situation. You could go to your proffered bank or to any number of online sites to get a couple of quotes."}
{"_id": "349882", "title": "", "text": "Historically there weren't really high barriers to get in, but I find nowadays that banks are looking for quant backgrounds (MQF, ME, MFin) even though it isn't really required unless you're working in modeling. Maybe pursuing a master's program would help.   Another route considering your BA experience, you could try to get involved in regulatory projects at a bank. It's a bit of a longshot since they tend to use consulting firms. Get involved with that and you'll interact with risk reporting teams and could work from there.   Other than that, get a lucky break haha, knowing someone definitely helps."}
{"_id": "349883", "title": "", "text": "Hay for cattle? That seems strange - why are you not doing ensilage? It has a lot better nutritionary stats and is easier to make since it doesn't require the raw material to be as dry as hay.   Where do you live? Here we have roughly 9 months of not enough grass growth so not collecting feed for the livestock is not an option."}
{"_id": "349901", "title": "", "text": "the problem for millenials, is that even if the economy DOES return in a few years, they will largely looked over in favor of the fresher generation Z [or whatever it is called] graduates.  Why hire a 30 year old with no professional experience when you can hire a brand new graduate with no professional experience?"}
{"_id": "349906", "title": "", "text": "a free $50 looks too good to be true. As others already pointed out, these offers are common to many cards that want you to build loyalty towards a particular company (e.g. airlines cards give lots of mileage for a decent initial spend). Should I get this card for the $50? Why and/or why not? How much do you spend on Amazon, or are planning to do so in future? This offer has been around for ages (earlier they used to offer much smaller amounts of $20 for signing up) and you never saw it. So probably, you won't be really using the site frequently. In that case, its just a matter of whether $50 is worth the hassle for you to sign up and then later cancel (if you don't want to manage another new card). The hit to credit score is likely to be minimal unless you do such offers often. As such, for a person who rarely buys on Amazon I wouldn't advise you to sign up for this card, there are better rewards cards that are not as tied to a particular site (such as Chase Freedom, Discover etc.) If however, you are a regular shopper but just never noticed this prompt earlier; then it is worthwhile to get this - or even consider the Prime version, which you will get or be automatically upgraded to if the account has Prime membership. That gives 5% back instead of 3% on Amazon."}
{"_id": "349916", "title": "", "text": "Except that a universal basic income is going to be necessary in the coming years, in all western countries. Period.   Failing to provide it, will result in the poor pulling the rich from their cars, and beating them to death. But the poor in the USA can get hand guns pretty easily, so there will probably be a lot of shootings, too.  Never underestimate the power of a class whose livelihoods have been stolen by corporations.  Plus, with 60% unemployment, *who is going to buy all the nice toys the corporations make?*"}
{"_id": "349926", "title": "", "text": "If it's just you working, I'd use a ballpark figure of 35% owed - it may be a little high or low, but it's a safe margin to keep set aside for paying your liabilities at the end of the year."}
{"_id": "349932", "title": "", "text": "This is very similar to what was asked in this question: Scam or real? This is a real winner of a scam, because it always finds someone gullible enough to fall for it.  No stranger sends you money just to be a nice guy. This version of the scam is one I've seen on job-hunting sites.  They'll promise you a job, and then they say they'll send you a check for equipment and supplies, but you need to send most of the money back to them.  As long as they find victims, they'll continue to find more refined techniques to stay ahead of the authorities, and it'll change just enough that people won't recognize it for what it is. AVOID THIS AT ALL COSTS!! I hope this helps. Good luck!"}
{"_id": "349937", "title": "", "text": "\"&gt;If there's no demand, as the Keynesians claim  While I agree with everything else you said, where does Keynesian economics say that there is no demand?  I mean just because economists argue this, doesn't mean their theory argues this.  This isn't like saying \"\"republicans believe\"\" (which is still technically incorrect since it would be difficult to speak for all republicans) because Keynesian economics is an established theory while \"\"republican\"\" is not.\""}
{"_id": "349941", "title": "", "text": "I'll agree with the other commenter. There is a ton more to sales than speaking the language and being a decent public speaker. Unless you know what you're getting into and feel confident you can get it done (or you believe that the company is willing to help you learn and grow as a salesperson and that's interesting to you from a career development perspective), I'd recommend avoiding a sales role and encouraging your boss to hire an actual sales person who meets his or her criteria.   EDIT: Source: am startup founder with no sales background who is having to do founder selling right now and learning just how hard it is."}
{"_id": "349974", "title": "", "text": "\"It will be helpful to establish some definitions: Long \"\"Long\"\" is financial slang for \"\"to have possession of an asset\"\", legally, and \"\"to debit an asset\"\", financially.   Short \"\"Short\"\" is financial slang for \"\"to be liable for an asset\"\", legally, and \"\"to credit an asset\"\", financially. Option \"\"Option\"\" is financial slang for \"\"to have the right but not obligation to force the liable to perform action\"\", legally.  Without limits and when taken to absurdity, this can mean slavery.  For equities, this means \"\"to have the right but not the obligation to force the liable to buy/sell a specified asset at a specified price with a specified expiration for that right\"\" for a call/put, respectively. By the above, a call option is \"\"the right but not the obligation to force the liable to buy a specified asset at a specified price with a specified expiration for that right\"\". By the definition of \"\"long\"\" above, a call option is actually not long the underlying. By the definitions above and with a narrower scope applied to equities & indexes, to be \"\"long\"\" the call means \"\"to have the right but not the obligation to force the liable to buy a specified asset at a specified price with a specified expiration for that right\"\" while to be \"\"short\"\" the call means \"\"to have the obligation to be forced to sell a specified asset at a specified price with a specified expiration for that right\"\". So, to be \"\"long\"\" a call means to simply own the call.\""}
{"_id": "349998", "title": "", "text": "\"We're in much the same boat as you.  We do make use of the transaction download feature of our software, but we don't let it auto-enter the amounts.  We use the downloaded transactions to make entering our receipts easier.  We each take responsibility for entering our own transactions, and then I go through and download bills, reconcile statements and such.  I'm the numbers person in our house, so it's easier for me to take care of this stuff.  We have all of our bills on auto-pay so that we don't have to worry about payments not getting made if we don't have time to get to our banking tasks on time.  I try to set aside time on Saturday afternoon while my kids have their \"\"screen time\"\", or I'll do it in the evening after the kids are in bed. This year, my wife has been much busier and hasn't had as much time to keep up with her data entry, so we've been doing less well at keeping up with things.  Something we're considering (and this might work for you as well) is to use the envelope system for the categories where we're most in danger of over-spending.  This way. we would have an easy way to see if we'd overspent a category even if we were behind on our data entry.  If you're not familiar with the envelope system, respond here and I'll explain it further.\""}
{"_id": "350004", "title": "", "text": "\"Are you a commercial pilot? If not, you have no idea how much training they have to go through on an ongoing basis, not to mention a medical every six months, etc.  Trust me, if the system \"\"goes down\"\", you'll be damn grateful there are highly trained professionals in the cockpit to save your ass.   EDIT; Sorry, didn't mean to rant, but I have a close family member who is a commercial captain, and I tend to get riled up when    people don't understand what kind of training these guys have to go through.\""}
{"_id": "350009", "title": "", "text": "You can't suggest democrats aren't good on reddit. The circle jerk on here is ridiculous. No one wants to admit faults in their own party and always wind up pointing fingers when people say bad things like the fact the other party does it excuses them. Both parties disgust me."}
{"_id": "350023", "title": "", "text": "\"I think that there is insufficient infrastructure to support a company the size of GM selling only electric cars. They would be making a huge assumption that people actually want what they're offering, and that the vast majority of the US will have the infrastructure to support it in a meaningful way.  Imagine if ~~Pentium~~ Intel said, \"\"You know what, we're only going to make cell phone processors from now on. Cell phones are the future, and they're more energy efficient, so that's all we'll be making in 5 years.\"\"  Do you really think that so many people will stay loyal to the brand, rather than jumping to AMD or some other competitor who actually makes full-size processors, that their business will stay afloat at its current size?  I'm also going to guess that the segment of people who 'buy American' and are loyal to General Motors as a company has a pretty small overlap with people who want a glorified golf cart. What about all the people that need big work trucks with hauling power that can run all day? Sounds like they're being left out in the cold, and I'm sure Ford would be thrilled to pick them up with the gas-guzzlingest trucks they can produce. Throwing away an entire segment of your customer base isn't a very strong move when you're trying to keep a business afloat. Hydrogen fuel cells sound nice, but I haven't seen any proof that the technology has been developed enough to actually run a car in normal day-to-day. They're making a promise that nobody has delivered on.  Electric cars are a fine offering *in addition to* the internal combustion engines that still run the world. But to replace them completely? They're nowhere close to that, and the expenses to get that sort of project into full swing would bankrupt GM even if poor sales don't.  I think the big mistake is that people are looking at Tesla's success and attributing it to a huge consumer thirst for electric cars, rather than to the savvy marketing and hype that formed around Elon Musk. It's a cult of personality. People want a Tesla because it's cool; they don't want a Leaf because it's so darned economical. GM obviously doesn't get that.\""}
{"_id": "350032", "title": "", "text": "Buffalo Wild Wings CEO doesn't sound like she's any use to her company anymore. Why would they keep an unimaginative CEO that can't figure out how to earn the business of a demographic? If all she can do is blame a demographic for having tastes, she needs some time off to realize her shortcomings. Wild Wings should let Marcato take control and let them make appropriate changes if they really want to save the chain.  Edit: Forgot how to pronoun"}
{"_id": "350067", "title": "", "text": "This happens on dark pools quite often. If I am a large institutional investor with tens of millions of shares, I may want to unload slowly and limit the adverse affects on the price of the stock. Dark pools offer anonymity and have buyers / sellers that can handle large volume.  In the case of a day trader, they often trade stocks with light volume (since they have large fluctuations that can be quite profitable throughout the session). At the end of the session, many traders are unwilling to hold positions on margin and want to unload fast."}
{"_id": "350068", "title": "", "text": "\"It's amusing that despite all the evidence that \"\"you can't time the market\"\", everyone still wants to try.  Of course I understand your fear.  If you invest all your money in the stock market today and it suddenly falls tomorrow you will feel very bad.  There are a few things you can do to reduce your risk with respect to timing, however: Don't plop all your money down on the same day.  Invest in the market over time, perhaps a few hundred dollars per month worth (depending on your appetite).  This averages your purchase cost to ensure you aren't buying at the time when prices are highest.  The down side is of course that if you leave cash sitting around, you might also not be buying when the prices are lowest either and will probably miss out on some gains.  Still, if risk is your concern, this is a sound strategy. Invest in various markets overseas.  This will expose you to some currency risk, but lower your timing risk, as even with globalization markets don't rise and fall in tandem.   Even with both of the above, you can still be just plain unlucky (or lucky).  I would recommend that you invest only money that you don't need to take out in the near future (in order to reduce the chance that the money will have lost value since you put it in!), and that you don't watch the markets since it makes a lot of people nervous and tends to prod them into doing exactly the wrong thing at exactly the wrong time.\""}
{"_id": "350080", "title": "", "text": "Great question! It can be a confusing for sure -- but here's a great example I've adapted to your scenario: As a Day Trader, you buy 100 shares of LMNO at $100, then after a large drop the same day, you sell all 10 shares at $90 for a loss of $1,000. Later in the afternoon, you bought another 100 shares at $92 and resold them an hour later at $97 (a $500 profit), closing out your position for the day. The second trade had a profit of $500, so you had a net loss of $500 (the $1,000 loss plus the $500 profit).  Here\u2019s how this works out tax-wise: The IRS first disallows the $1,000 loss and lets you show only a profit of $500 for the first trade (since it was a wash). But it lets you add the $1,000 loss to the basis of your replacement shares. So instead of spending $9,200 (100 shares times $92), for tax purposes, you spent $10,200 ($9,200 plus $1,000), which means that the second trade is what caused you to lose the $500 that you added back (100 x $97 = $9,700 minus the 100 x $102 = $10,200, netting $500 loss). On a net basis, you get to record your loss, it just gets recorded on the second trade. The basis addition lets you work off your wash-sale losses eventually, and in your case, on Day 3 you would recognize a $500 final net loss for tax purposes since you EXITED your position. Caveat: UNLESS you re-enter LMNO within 30 days later (at which point it would be another wash and the basis would shift again). Source: http://www.dummies.com/personal-finance/investing/day-trading/understand-the-irs-wash-sale-rule-when-day-trading/"}
{"_id": "350082", "title": "", "text": "I know of no way to answer your question without 'spamming' a particular investment.  First off, if you are a USA citizen, max out your 401-K. Whatever your employer matches will be an immediate boost to your investment.  Secondly, you want your our gains to be tax deferred. A 401-K is tax deferred as well as a traditional IRA.  Thirdly, you probably want the safety of diversification. You achieve this by buying an ETF (or mutual fund) that then buys individual stocks.  Now for the recommendation that may be called spamming by others : As REITs pass the tax liability on to you, and as an IRA is tax deferred, you can get stellar returns by buying a mREIT ETF.  To get you started here are five: mREITs  Lastly, avoid commissions by having your dividends automatically reinvested by using that feature at Scottrade. You will have to pay commissions on new purchases but your purchases from your dividend Reinvestment will be commission free.  Edit: Taking my own advice I just entered orders to liquidate some positions so I would have the $ on hand to buy into MORL and get some of that sweet 29% dividend return."}
{"_id": "350095", "title": "", "text": "\"What will happen if the stock price just continues to decline?  Nothing. What would happen if folks just stop trading it? Nothing. What if the company goes private? Then they will have to buy you out based on some agreed upon price, as voted by the board and (potentially) approved by the shareholders. Depending on the corporation charter, the board may not be required to seek the shareholders' approval, but if the price the board agreed upon is unreasonable you can sue and prevent the transaction. How do they decide the fair value of the outstanding stocks? Through a process called \"\"valuation\"\", there are accounting firms which specialize in this area of public accounting.\""}
{"_id": "350110", "title": "", "text": "\"Because I feel the answers given do not wholely represent the answer you are expecting, I'd like to re-iterate but include more information. When you own stock in a company, you OWN some of that company. When that company makes profit, you usually receive a dividend of those profits. If you owned 1% of the company stock, you (should) recieve 1% of the profits. If your company is doing well, someone might ask to buy your stock. The price of that stock is (supposed) to be worth a value representative of the expected yield or how much of a dividend you'd be getting.  The \"\"worth\"\" of that, is what you're betting on when you buy the stock, if you buy $100 worth of coca cola stock and they paid $10 as dividend, you'd be pretty happy with a 10% growth in your wealth. Especially if the banks are only playing 3%. So maybe some other guy sees your 10% increase and thinks, heck.. 10% is better than 3%, if I buy your stocks, even as much as 6% more than they are worth ($106) I'm still going to be better off by that extra 1% than I would be if I left it in the bank.. so he offers you $106.. and you think.. awesome.. I can sell my $100 of cola shares now, make a $6 profit and buy $100 worth of some other share I think will pay a good dividend. Then cola publicises their profits, and they only made 2% profit, that guy that bought your shares for $106, only got a dividend of $2 (since their 'worth' is still $100, and effectively he lost $4 as a result. He bet on a better than 10% profit, and lost out when it didn't hit that. Now, (IMHO) while the stock market was supposed to be about buying shares, and getting dividends, people (brokers) discovered that you could make far more money buying and selling shares for 'perceived value' rather than waiting for dividends to show actual value, especially if you were not the one doing the buying and selling (and risk), but instead making a 0.4% cut off the difference between each purchase (broker fees). So, TL;DR,  Many people have lost money in the market to those who made money from them. But only the traders and gamblers.\""}
{"_id": "350112", "title": "", "text": "As much as I'd like to tell you to save some for an emergency fund or use it to pay off some debt, if you really need a new roof you should get that taken care of first."}
{"_id": "350126", "title": "", "text": "Well, it helps the regular Joes justify piracy.  And I mean that non-sarcastically.  The author of Forest Gump got contracted for a 3% share of the film's net profits.  Hollywood claimed the best seller film was a loss, and so paid him nothing.  Makes it hard to morally criticize pirates."}
{"_id": "350131", "title": "", "text": "I would definitely pay down the debt first.  If it is going to take 15 years to do so, you probably need to allocate more money to paying down debt. Cut expenses by going out to eat less, and keeping spending to the bare necessities.  You might even consider getting a second job, just for paying down the debt.  If that isn't enough, consider selling off some assets.  You should be able to come up with a plan to be debt free (excluding maybe a regular mortgage) within 3-5 years. Once the only debt you have is a home mortgage, then its time to look at putting money towards retirement again. Note, you should not take money out of a 401k or IRA to pay off debt.  The costs for doing so are nearly always too great."}
{"_id": "350145", "title": "", "text": "First: it sounds like you are already making wise choices with your cash surplus. You've looked for ways to keep that growing ahead of inflation and you have made use of tax shelters. So for the rest of this answer I am going to assume you have between 3-6 months expenses already saved up as a \u201crainy day fund\u201d and you're ready for more sophisticated approaches to growing your funds. To answer this part: Are there any other ways that I can save/ invest that I am not currently doing? Yes, you could look at, for example: 1. Peer to peer These services let you lend to a 'basket' of borrowers and receive a return on your money that is typically higher than what's offered in cash savings accounts. Examples of peer to peer networks are Zopa, Ratesetter and FundingCircle. This involves taking some risks with your money \u2013 Zopa's lending section explains the risks. 2. Structured deposits These are a type of cash deposit product where, in return for locking your money away for a time (typically 5 years), you get the opportunity for higher returns e.g. 5% + / year. Your deposit is usually guaranteed under the FSCS (Financial services compensation scheme), however, the returns are dependent on the performance of a stock market index such as the FTSE 100 being higher in x years from now. Also, structured deposits usually require a minimum \u00a33,000 investment. 3. Index funds You mention watching the stock prices of a few companies. I agree with your conclusion \u2013 I wouldn't suggest trying to choose individual stocks at this stage. Price history is a poor predictor of future performance, and markets can be volatile. To decide if a stock is worth buying you need to understand the fundamentals, be able to assess the current stock price and future outlook, and be comfortable accepting a range of different risks (including currency and geographic risk). If you buy shares in a small number of companies, you are concentrating your risk (especially if they have things in common with each other). Index funds, while they do carry risks, let you pool your money with other investors to buy shares in a 'basket' of stocks to replicate the movement of an index such as the FTSE All Share. The basket-of-stocks approach at least gives you some built-in diversification against the risks of individual stocks. I suggest index funds (as opposed to actively managed funds, where you pay a management fee to have your investments chosen by a professional who tries to beat the market) because they are low cost and easier to understand. An example of a very low cost index fund is this FTSE All Share tracker from Aberdeen, on the Hargreaves Lansdown platform: http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/a/aberdeen-foundation-growth-accumulation General principle on investing in stock market based index funds: You should always invest with a 5+ year time horizon. This is because prices can move up and down for reasons beyond your anticipation or control (volatility). Time can smooth out volatility; generally, the longer the time period, the greater your likelihood of achieving a positive return. I hope this answer so far helps takes into account the excess funds. So\u2026 to answer the second part of your question:  Or would it be best to start using any excess funds [\u2026] to pay off my student loan quicker? Your student loan is currently costing you 0.9% interest per annum. At this rate it's lower than the last 10 years average inflation. One argument: if you repay your student loan this is effectively a 0.9% guaranteed return on every pound repaid \u2013 This is the equivalent of 1.125% on a cash savings account if you're paying basic rate tax on the interest. An opposing argument: 0.9% is lower than the last 10 years' average inflation in the UK. There are so many advantages to making a start with growing your money for the long term, due to the effects of compound returns, that you might choose to defer your loan repayments for a while and focus on building up some investments that stand a chance to beat inflation in the long term."}
{"_id": "350151", "title": "", "text": "\"There is an economic, a social and a psychological side to the decision whether to buy insurance or not, and if yes, which one. Economically, as you say already in your question, an insurance is on average  a net loss for the insured.  The key word here is \"\"average\"\". If you know that there are many cancer cases in your family buy health insurance by all means; it's a sound investment. If you are a reckless driver make sure you have extensive coverage on your liability insurance. But absent such extra risks: Independently of somebody's wealth insurance should be limited to covering catastrophic events.  What is often overlooked is that the insurance by all means should really cover those catastrophic events. For example the car liability minimums in many states are not sufficient. The typical upper middle class person could probably pay the 15k/30k/10k required in Arizona with a loan on their house; but a really catastrophic accident is simply not covered and would totally ruin that person and their family.  Insuring petty damage is a common mistake: economically speaking, all insurances should have deductibles which are as high as one could afford to pay without feeling too much pain.  That \"\"pain\"\" qualification has an economical and a social aspect. Of course any risk which materialized is an economical damage of some kind; perhaps now I can't buy the PS4, or the diamond ring, or the car, or the house, or the island which had caught my eye. I could probably do all these things, just perhaps without some extras, even if I had paid for insurance; so if I don't want to live with the risk to lose that possibility I better buy insurance. Another economical aspect is that the money may not be available without selling assets, possibly on short notice and hence not for the best price. Then an insurance fee takes the role of paying for a permanent  backup credit line (and should not be more expensive than that).  The social aspect is that even events which wouldn't strictly ruin a person might still force them to, say, sell their Manhattan penthouse (no more parties!) or cancel their country club membership. That is a social pain which is probably to be avoided. Another socioeconomic aspect is that you may have a relationship to the person selling you the insurance. Perhaps he buys his car at your dealership? Perhaps he is your golf buddy? Then the insurance may be a good investment. It is only borderline bad to begin with; any benefits move the line into the profit zone. The psychological aspect is that an insurance buys peace of mind, and that often seems to be the most important benefit. A dart hits the flat screen? Hey, it was insured.  Junior totals the Ferrari? Hey, it was insured. Even if the house burns down having fire insurance will be a consolation.\""}
{"_id": "350154", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-29/is-the-midlife-crisis-real-economists-and-psychologists-can-t-agree) reduced by 90%. (I'm a bot) ***** &gt; &amp;quot;I&amp;#039;ve been doing research for pretty much my whole career on adult development, and I&amp;#039;ve never found age linked definitively to anything psychological about a person. You can call it a midlife crisis. A quarter-life crisis. But whatever&amp;#039;s going on with you personally, you can&amp;#039;t blame it on age.\"\"  &gt; The National Institute of Aging finds that only a third of Americans over age 50 claim to have experienced a mid-life crisis.  &gt; &amp;quot;People do go through periods of self-evaluation, but it&amp;#039;s not tied to age. If someone close to you dies and you start to think about how life is limited, is that a mid-life crisis? Or is it just a healthy reevaluation of your priorities?&amp;quot;.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xqxt7/is_the_midlife_crisis_real_economists_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~203281 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **age**^#1 **people**^#2 **Oswald**^#3 **crisis**^#4 **Blanchflower**^#5\""}
{"_id": "350162", "title": "", "text": "At the time of the auction android was just vaporware but many companies were restricting the phones that they allowed on their networks so that they could control what the phones were being used for.  The big guys (AT&T, Verison, and Sprint) feared that being forced to allow phones that could do things they did not have control over would cost them money(Especially since they charged for every little feature they added). They also wanted to prevent their phones (which they subsidize to their customers in to reap long term profits) from being taken to other networks.   Goggle saw the potential for the largest chunk of bandwidth available to the telco's to be restricted to services of one company and their strangle hold over the phones and services that were allowed to use it.  They manuvered the bidding to ensure that this did not happen.  There are many who believe that Verison bought the spectrum more to prevent anyone from competeing with them than because they actually wanted to use it.  But at least they are forced to allow other parties in to compete even if it is on their playground."}
{"_id": "350165", "title": "", "text": "A 457(b) plan allows access to funds after you separate from your employer, regardless of age."}
{"_id": "350168", "title": "", "text": "Did you grow up in the country? Is anyone in your family chronically sick? Did you ever get laid off? Did you lose your shirt in the recession? Is your child's father a deadbeat dad?  Where I live there are a lot of people on the brink. It's a seasonal resort area and there are simply not high paying jobs around. These people work full time and make shit wages in winter and modest wages in summer. They live in trailers and meager housing. They never go on vacation and they are on Medicaid because they can't afford healthcare. What are they supposed to cut? Food? Heat?  When you grew up poor and black, did your parents eat out all the time?"}
{"_id": "350180", "title": "", "text": "There's often a legal basis to answer this question. For instance, Austria (guessing from your profile) currently uses a 4% Statutory interest rate. You'll need to dig up not just the actual but also the historical rates. Note that you'll want the non-commercial interest rate - some countries differentiate between loans to businesses and loans to individuals."}
{"_id": "350187", "title": "", "text": "I would give him some credit for not screwing up and over spending too much. He has run up his secret service costs so they need more money that hasn't shown up but that is really a drop in the bucket against the budget. He hasn't passed any legislation that effects the budget yet.  And mid year really doesn't matter they should have a pretty good prediction for the debt this year that would be a more telling number."}
{"_id": "350191", "title": "", "text": "\"Things are in fact more complicated. It really depends what you mean by \"\"ticker\"\" and who gave you this ticker. There is several codes to identify a security: The Bloomberg code contains a code to identify the exchange as in ALU:FP the FP part refers to Euronext Paris. The RIC code works the same way but with a different convention. Exchanges are identified by the MIC code.(they are in fact divided in market segments with each market segment having a main market segment) ISIN and SEDOL codes do not provide informations about the exchange so they are usually given with a MIC. There is no guarantee that Reuters and Bloomberg won't use the same company code to refer to different company.  But they usually use the exchange ticker. This ticker is requested by each company and can be anything. They are accepted most of the time. But sometimes to avoid confusion some requests are rejected. (For instance FBI ticker was refused) For more info read: The evolution of ticker symbols Financial providers like Bloomberg provides services to be informed when a security is added/removed from a market.\""}
{"_id": "350195", "title": "", "text": "Sport betting is a typical kind of gambling where participants invest on the results of the game and performance of the players. According to the preset rates for betting, if the participant\u2019s prediction while making the investment becomes true, the participant receives multiples of the amounts invested earlier."}
{"_id": "350202", "title": "", "text": "You can *think* and *feel* whatever you like about the man, its your right as an American. I'm not here to tell you what you can and can't think.  Unfortunately though, your fee fees are not concrete, admissible evidence in court. Nor will they ever be."}
{"_id": "350211", "title": "", "text": "Might depend on the job, if he's going to be selling bibles then experiencing the bullshit so you can talk bullshit to customers who you're trying to offload stock on to then yeah, he should be saved and baptized and kosher.  So lets see what job this guy was applying for...  Selling light bulbs. Yeah that's irrelevant, this company is asshole driven."}
{"_id": "350214", "title": "", "text": "Okay I don't know where my disconnect was, in my mind I was viewing that as a negative for some reason haha. Thanks! That makes sense.  What is your perspective on the large amount of companies buying back shares right now?"}
{"_id": "350217", "title": "", "text": "I thought the same thing when I was in high school.  But I worked several jobs ranging from $7.25 to $12 an hour.  It's about not being complacent and going out there to look for other, Better paying opportunities. And at the end of the day, if your labor can only command a shit wage then go get some skills.  Go EARN a higher wage."}
{"_id": "350233", "title": "", "text": "To particularly piss you off even more  And to impress upon you the difficulty of training people, who hate you, how to effectively kill people, and stand next to them when they have loaded automatic rifles and explosives.  Had your fearless leader not dodged the draft because he had bumps on his feet, such things would have been basic knowledge and required no explanation."}
{"_id": "350237", "title": "", "text": "Some businesses verify the shipping address with the credit card company, and refuse to ship to an alternate address without additional, offline verification.  Of course, this is only useful for physical goods."}
{"_id": "350245", "title": "", "text": "Japan  has huge current account, trade surplus and shrinking population/consumption,  Unless they print money, Yen will shoot up, creating problem with their export economy. Japan can only wish the rest of the planet dump their currency, lowering yen and enhancing export. Yen is not a major reserve currency. So there is that.  Does it apply to US? probably not, US is deficit and debt economy.  Dollar is reserve currency, creating artificial demand and pumping US economy.   Once that privilege is gone, dollar global purchasing power will tank.  So toying with dollar credibility like Japan printing Yen is not really an option."}
{"_id": "350247", "title": "", "text": "It would be worth looking at their details as they will outline clearly what the 2% is on. Having said that the 2% will probably be on the value of the portfolio at the time the charge is calculated. (It might be that they don't levy this on the cash section of portfolio, it might be that they do.) They will usually make you sign a direct debit form so that they can take the fees straight from you. There are much better deals around than this, 2% is a huge fee if you had an portfolio that is worth \u00a3100,000 after some years the fees they would be charging you would be \u00a32,000 a year. it's worth shopping around for a better deal, as it can prove costly to change ISA provider at later date."}
{"_id": "350260", "title": "", "text": "If you have a public company and shareholder A owns 25% and shareholder B owns 25%, and lets say the remaining 50% is owned by various funds/small investors.   Say profits are 100mil, and a dividend is payed. Say 50 mil worth is payed out as dividend and 30 mil is kept as retained earnings for future investment. Can the remaining 20 mil be distributed to shareholders A and B, so that they both get 10mil each? Can certain shareholders be favored and get a bigger cut of profits than the dividends pay out is my question basically."}
{"_id": "350263", "title": "", "text": "Not one word about price locking across the board, or to restate, how they plan to avoid going bankrupt like Circuit City did when Circuit City successfully cut the profit margin of televisions and other products to 0.  I'm sorry, this is closer to blog spam than it is news, we should all be ashamed for upvoting this."}
{"_id": "350264", "title": "", "text": "Or because you know about them from the ads. Commercials are not sole intended to make you get off the couch and go to the store buy a product you've just seen an ad for, it attempts to familiarize you with the product and let you know about its existence. First time costumer likely to buy a brand that they heard of."}
{"_id": "350276", "title": "", "text": "I think the best answer that doesn't make the buyer look like a moron is this. Buyer had previously sold a covered call.  They wanted to act on a different opportunity so they did a closing buy/write with a spread of a couple cents below asking for the stock, but it dipped a couple cents and the purchase of those options to close resolved at 4 cents due to lack of sellers."}
{"_id": "350278", "title": "", "text": "\"&gt;How to look at a group of people, asses their skills sets and organize them in a way that makes sense in order to get the job done?  It doesn't work like that, well at least not usually. You don't get a bunch of people you need to \"\"asses and organize.\"\" You hire people you need and can afford. That's it.\""}
{"_id": "350288", "title": "", "text": "The DOW is just an index, which is simply a group of stocks meeting the criteria for inclusion. In the case of the DOW, it's the 30 US stocks with the largest market capitalization, but other indices include many lesser stocks (such as the S&P500 or the Russell 2000). The fact that Holobeam is no longer a constituent of the DOW30 probably shouldn't be taken in and of itself as a signal to sell the stock. As far as I can tell, HOOB stock is still trading on the Nasdaq exchange. However, it is extremely ill-liquid, which means that there are very few people willing to buy or sell it. Whether or not this would work to your advantage is almost entirely down to luck - it depends whether there is a keen buyer out there at the time you try to sell."}
{"_id": "350315", "title": "", "text": "Do I report it as income? Is it subject to just the same amount of   taxes (~30%) as regular income? Are there any restrictions on how it   can be used? It is income. You can deduct the costs of maintaining the web page and producing the software from it (have an accountant do that for you, there are strict rules on how to do that, and you can only deduct up to the income if its a hobby and not a for-profit business), but otherwise it's earned income like any other self employment income. It is reported on your schedule C or on line 21 of your 1040 (miscellaneous income), and you're also liable for self-employment taxes on this income. There are no restrictions, it's your money. Technically, who is the donation even being made to? Me, just because   I own the webpage? Yes. This is for the United States, but is there any difference if the   donations come from overseas? No, unless you paid foreign taxes on the money (in which case you should fill form 1116 and ask for credit). If you create an official 501(c) organization to which the donations are given, instead of you getting it directly, the tax treatment will be different. But of course, you have to have a real charitable organization for that. To avoid confusion - I'm not a licensed tax professional and this is not a tax advice. If in doubt - talk to a EA/CPA licensed in your State."}
{"_id": "350317", "title": "", "text": "Generally, ETFs and mutual funds don't pay taxes (although there are some cases where they do, and some countries where it is a common case). What happens is, the fund reports the portion of the gain attributed to each investor, and the investor pays the tax. In the US, this is reported to you on 1099-DIV as capital gains distribution, and can be either short term (as in the scenario you described), long term, or a mix of both. It doesn't mean you actually get a distribution, though, but if you don't - it reduces your basis."}
{"_id": "350332", "title": "", "text": "\"If you do as you propose you are going to get burned. You need to sell, then start to rent. amongst other things. Since 2008, the economy never \"\"recovered,\"\" but was sort of stabilized temporarily like a fighter on the ropes. The economy is beginning to collapse again, and that collapse will accelerate around the Fall. The dollar too will also begin its delayed downward fall come Autumn. Just one example of what I speak: https://research.stlouisfed.org/fred2/series/CIVPART I would be happy to tell you more if you like, but I am already going to get pilloried for what I have already said. I do not sell anything, or push anything, but since you asked, and I follow this day in and day out, I thought that I would give you my very well informed answer. Take it for what it's worth. So let me know if you want more.\""}
{"_id": "350344", "title": "", "text": "Whether or not I trust them depends entirely on the personal finance application. In the cases of Mint and Quicken, I would trust both. Always make sure to do plenty of research before submitting any personal information to any source."}
{"_id": "350354", "title": "", "text": "\"Mission is easily the toughest item on this list to get right and not look like a corporate douchebag. Especially since *Office Space* lamented \"\"listening to eight different bosses drone on about mission statements\"\" 13 years ago and it really stuck.  It seems mission and strategy are somewhat interchangeable, and strategy isn't as tainted with meaninglessness. Either way, to me the important point here is clarity of overall vision for the company from the top and communicating that strategy all the way down the chain. Other points like 1. Target, 5. Expectations, and 8. Future fall out of that if it's done right.  And plastering some branded version of that strategy on a bunch of trinkets is *definitely* not right.\""}
{"_id": "350357", "title": "", "text": "\"Rich people use \"\"depositor\"\" banks the same way the rest of us use banks; to keep a relatively small store of wealth for monthly expenses and a savings account for a rainy day. The bulk of a wealthy person's money is in investments. Money sitting in a bank account is not making you more money, and in fact as Kaushik correctly points out, would be losing value to inflation. Now, all investments have risk; that's why interest exists. If, in some alternate universe, charging interest were illegal across the board, nobody would loan money, because there's nothing to be gained and a lot to lose. You have to make it worth my while for me to want to loan you my money, because sure as shootin' you're going to use my loan to make yourself wealthier. A wealthy person will choose a set of investments that represent an overall level of risk that he is comfortable with, much like you or I would do the same with our retirement funds. Early in life, we're willing to take a lot of risk, because there's a lot of money to be made and time to recover from any losses. Closer to retirement, we're much more risk-averse, because if the market takes a sudden downturn, we lose a significant portion of our nest egg with little hope of regaining it before we have to start cashing out. The very wealthy have similar variances in risk, with the significant difference that they are typically already drawing a living from their investments. As such, they already have some risk aversion, but at the same time they need good returns, and so they must pay more attention to this balancing act between risk and return. Managing their investments in effect becomes their new job, once they don't have to work for anyone else anymore. The money does the \"\"real work\"\", and they make the executive decisions about where best to put it. The tools they use to make these decisions are the same ones we have; they watch market trends to identify stages of the economic cycle that predicate large movements of money to or from \"\"safe havens\"\" like gold and T-debt, they diversify their investments to shield the bulk of their wealth from a sudden localized loss, they hire investment managers to have a second pair of eyes and additional expertise in navigating the market (you or I can do much the same thing by buying shares in managed investment funds, or simply consulting a broker; the difference is that the wealthy get a more personal touch). So what's the difference between the very wealthy and the rest of us? Well first is simple scale. When a person with a net worth in the hundreds of millions makes a phone call or personal visit to the financial institutions handling their money, there's a lot of money on the line in making sure that person is well looked-after. If we get screwed over at the teller window and decide to close our acocunts, the teller can often give us our entire account balance in cash without batting an eyelid. Our multimillionaire is at the lower end of being singlehandedly able to alter his banks' profit/loss statements by his decisions, and so his bank will fight to keep his business. Second is the level of control. The very wealthy, the upper 1%, have more or less direct ownership and control over many of the major means of production in this country; the factories, mines, timber farms, software houses, power plants, recording studios, etc that generate things of value, and therefore new wealth. While the average Joe can buy shares in these things through the open market, their investment is typically a drop in the bucket, and their voice in company decisions equally small. Our decision, therefore, is largely to invest or not to invest. The upper 1%, on the other hand, have controlling interests in their investments, often majority holdings that allow them far more control over the businesses they invest in, who's running them and what they do.\""}
{"_id": "350365", "title": "", "text": "\"Uncertainty has very far reaching effects.   Oil is up ~100% since February and down ~40% from it's 52 week high (and down even more on a longer timeline).  It's not exactly a stable investment vehicle and moves a few percent each day on basically nothing.  A lot of securities will be bouncing around for the next couple weeks at least while folks remain uncertain about what the \"\"brexit\"\" will actually mean.\""}
{"_id": "350366", "title": "", "text": "If you want to make money while European equities markets are crashing and the Euro itself is devaluing: None of these strategies are to be taken lightly. All involve risk. There are probably numerous ways that you can lose even though it seems like you should win. Transaction fees could eat your profits, especially if you have only a small amount of capital to invest with. The worst part is that they all involve timing. If you think the crash is coming next week, you could, say, buy a bunch of puts. But if the crash doesn't come for another 6 months, all of your puts are going to expire worthless and you've lost all of your capital. Even worse, if you sell short an index ETF this week in advance of next week's impending crash, and some rescue package arrives over the weekend, equity prices could spike at the beginning of the week and you'd be screwed."}
{"_id": "350380", "title": "", "text": "I don't think you understand what it's saying, not that there were only 8 crashes, that in 8 crashes 28 people died.  It's talking about the amount of fatalities/crash for those 8 crashes, which is why the sentence after that talks about curbside operators being more dangerous.  There were more than 8 crashes among all the different bus lines in a year."}
{"_id": "350390", "title": "", "text": "I know people complain about Best Buy.  People complain about everything.  But just speaking from personal experience, I have no issues with Best Buy.  I even spent about $1,000 on a TV there a couple years ago, and didn't like the TV.  I took it back and exchanged it for a different model.  No questions asked.  Their prices are fair.  The customer service is usually fine.  In fact, it's a little better than fine because I'm pretty sure they don't make any kind of commission, so I never feel pressured."}
{"_id": "350396", "title": "", "text": "\"Yesterday I have received a call from my local bank. They told the the payment had arrived, but the money sender failed to specify my account number. They have only specified SWIFT code and my address. And in order to receive my money, money sender has to send an additional SWIFT message, where my account number must be specified. And the money transfer will remain \"\"frozen\"\" (or \"\"blocked\"\") until such a message would be received. In this case normally your local bank has to send a SWIFT MT199 to the sending Bank that the account number quoted is missing. The Sending Bank would contact the company and send back a SWIFT message with required info.\""}
{"_id": "350399", "title": "", "text": "In no particular order - to help you on deciding whether to invest or not: Building Wealth One House at a Time Buy & Rent Foreclosures: 3 Million Net Worth, 22,000 Net Per Month, In 7 Years...You can too!  Landlording on Auto-Pilot: A Simple, No-Brainer System for Higher Profits and Fewer Headaches and for when/if you actually decide to start: Investing in Real Estate I've read all the books above and they all have a little bit of information here and there to take out - although they have some redudency it is the good type you need to learn/know anyway. Hope this helps."}
{"_id": "350438", "title": "", "text": "That's an interesting assessment.  I had a good read.  I suppose it would be weird if we had more government.  We only have 4.5 million people.  I suspect effective government is a fairly low bar as we have plenty of improvement to make in a range of metrics.  We are damaging the environment because of a lack of regulation on farmers activities.  Many rivers in the South Island are not safe to swim in now.  We have very high and growing income inequality.  We are behind the times on drug reform and our incarceration rates and recidivism rates are an embarrassment.  But importantly our system of governance (MMP) is more representative. We restrict campaign spending to small amounts of public money (you see a few billboards and ads on TV) which is proportional to the support that party has.   We allow no outside funding although there has been some instances where private businesses have attempted to influence elections and the various parties are semi-frequently caught (and fined) for trying to skirt these restrictions.  I think that's the main reason we manage to get things pretty right in a haphazard trend towards good policy over time."}
{"_id": "350460", "title": "", "text": "\"Algorithmic trading doesn't necessarily require live feeds. It is a very generic term describing trading based on the decisions made by a machine and not a person. One very prominent type of algo-trading is \"\"high frequency trading\"\". For HFT to be effective, not only do you need live feeds (which are provided by the exchanges electronically), you need them before others get them. That's why HFT traders put their machines as close as possible (physically) to the exchange data centers, sometimes even renting racks at the same datacenters from the exchanges themselves.\""}
{"_id": "350493", "title": "", "text": "I've seen accounting majors in finance roles and finance majors in accounting roles, unless you're really interested in the tax side of things which you'll ultimately need enough credits to pass the CPA.   &gt;Which has better pay?  Sounds like you're ultimately interested in making bank, like the other dude said, get a good GPA, do a few worthwhile internships, and network your ass off."}
{"_id": "350497", "title": "", "text": "As with any business, there's a huge learning curve. Rich Dad gives you the fundamentals.. which are sound.. you then need to spend time getting the nitty gritty details of the business ... be it real estate, stock investing etc.  Kiyosaki is a wealthy man... I've listened to some of his podcasts and he know what he's talking about.. AND.. he's been in the business for 20+ years."}
{"_id": "350502", "title": "", "text": "Top 25 universities, better if they are near major cities. Ivys + MIT, Stanford, Northwestern, NYU, UNC etc.  As much as the top commenter says its who they know, which is true, its a hell of a lot easier when theres on campus recruiting."}
{"_id": "350505", "title": "", "text": "Yeah there's no legitimate reason a co-worker (besides HR of course) would want your high school diploma. If he was trying to prove he has a job, HR could write a letter. I'm extremely cynical so I'm going to stick with it was for something malicious"}
{"_id": "350508", "title": "", "text": "From a Canadian point of view, I think we are generally very similar to how you describe Austria.  The only thing I use cash for, is to pay for my coffee at a local micro-roaster who only accepts cash.  Cheques, I only use to pay friends.  Everything else is debit or credit card.  Very few businesses around here will even accept cheques anymore."}
{"_id": "350514", "title": "", "text": "Absolutely, I agree with Musk that anyone should be allowed to email anyone else in their company with the goal of fixing a problem and improving the business.   That doesn't mean anyone can issue an order or decision to anyone else.  That would be complete chaos."}
{"_id": "350547", "title": "", "text": "\"Good debt is very close to an oxymoron.  People say student loans are \"\"good debt,\"\" but I beg to differ.  The very same \"\"good debt\"\" that allowed me to get an education is the very same \"\"bad debt\"\" that doesn't allow me to take chances in my career - meaning, I would prefer to have a 'steady' job over starting a business.  (That's my perogative, of course, but I am not willing to take that 'risk.' /endtangent @Harmanjd provided the two really good reason for using cash over borrowing.  We have a tendency in this culture to find reasons to borrow.  It is better for you to make a budget, based on what you want, and save up for it.  Make a \"\"dream list\"\" for what you want, then add up the costs for everything.  If that number makes your head hurt, start paring down on things you 'want.'  Maybe you install just a wine cooler instead of a wine cooler and a beer tap, or vice-versa.  And besides, if something comes up - you can always stop saving money for this project and deal with whatever came up and then resume saving when you're done. Or in the case of the kitchen, maybe you do it in stages: cabinets one year, countertops the next, flooring the year after that, and then the appliances last.  You don't have to do it all at once. As someone who is working toward debt freedom, it feels nice whenever we have one less payment to budget for every month.  Don't burden yourself to impress other people.  Take your time, get bids for the things you can't (or won't) do yourself, and then make a decision that's best for your money.\""}
{"_id": "350554", "title": "", "text": "Chanteur is one of the most trusted brands for buying jewelry for kids, infants, toddlers, teens and tweens. We offer most stylish and 100% heavy metal free jewelry which includes kids bangles, adjustable bangles for babies, earrings that toddlers can't take out, necklaces for teenage girl and much more."}
{"_id": "350555", "title": "", "text": "Capital gain distribution is not capital gain on sale of stock. If you have stock sales (Schedule D) you should be filing 1040, not 1040A. Capital gain distributions are distributions from mutual funds/ETFs that are attributed to capital gains of the funds (you may not have actually received the distribution, but you still may have gain attributed to you). It is reported on 1099-DIV, and if it is 0 - then you don't have any. If you sold a stock, your broker should have given you 1099-B (which is not the same as 1099-DIV, but may be consolidated by your broker into one large PDF and not provided separately). On 1099-B the sales proceeds are recorded, and if you purchased the stock after 2011 - the cost basis is also recorded. The difference between the proceeds and the cost basis is your gain (or loss, if it is negative). Fees are added to cost basis."}
{"_id": "350558", "title": "", "text": "\"I  particularly enjoy **coming back** to those with a bit detailed breakdown, a plan, saying \"\"this **will not** be done in that time\"\".  It takes stature in the workplace, but works wonders.  I have seen tasks taken from me and taking longer to be done by the other guy. The other way around, not so much.\""}
{"_id": "350559", "title": "", "text": "Correct, but that's neither here nor there. I wasn't comparing the two.  I said you can payoff other debts (such as credit cards) through a refi. To do this, a payoff has to be obtained from the creditor just as you would if you just wanted to pay the account off yourself."}
{"_id": "350564", "title": "", "text": "They originally planned to have the WiMax rollout start in mid-2007, which would've brought some nice speeds to US customers by 2009.  Infighting with Clearwire delayed the rollout for over a year. I explained the situation (based on whatever info I've gathered to date) in greater detail in [another reply below](http://www.reddit.com/r/business/comments/11ido4/japans_softbank_poised_to_supercharge_sprint/c6mug06). I think that picture is fairly accurate but I'm not an insider so I can't say for sure."}
{"_id": "350583", "title": "", "text": "The ads in the newsfeed are now maxed out, just as FB warned all their advertisers they would be 2 years ago.  Twitter has actually been stagnating and struggling to get their users to engage. Most people just use it as a newsfeed.  Reddit is a news aggregator and message board. It is not a social media site.  Snapchat is a completely different animal and doesn't even bear comparison.  Facebook user base is healthy and not going anywhere. As of right now they'd be the last one standing if people decided to abandon social media."}
{"_id": "350588", "title": "", "text": "\"Well, I suppose it depends on your idea of a \"\"lost cause\"\". Are you planning to lose the house to foreclosure?  If so, then yes, it's a lost cause.  Don't waste your money paying down the principal. In any other scenario* you should absolutely pay down the principal to the extent that you'd pay down any loan with nearly 9% interest (in other words, moderately aggressively). The fact is, you owe someone $265,000 unless you plan on losing the home to foreclosure.  You can manage the amount of interest you pay while you hold that debt by paying it down. * Short sale and bankruptcy would be special conditions as well, but not exactly the same effect as foreclosure.\""}
{"_id": "350589", "title": "", "text": "(in response to last comment to me) Ok. I understand now. Forgive me if I appeared to be splitting hairs. When it comes to understanding, exact wording is important. I keep money at home, enough to not be a frequent ATM user, not enough to imply any distrust of the banking system or preparation for Armageddon. You last comments implies the brochure said 13% keep all their money at home, i.e. have no banking relationship. A recent poll concluded 25% of people had less than $2500 available if they had an issue, such as the need to repair a car, or furnace. From that factoid, it wouldn't surprise me that half of those people have no bank acount at all. Not for lack of trust, but lack of money to deposit."}
{"_id": "350592", "title": "", "text": "If you too are looking to get epoxy flooring then just reach out to a leading company. Such kind of flooring is very popular today due to its strength, durability and easy cleaning. It is now available for both residential and industrial needs"}
{"_id": "350607", "title": "", "text": "\"The key is to look at total return, that is dividend yields plus capital growth. Some stocks have yields of 5%-7%, and no growth. In that case, you get the dividends, and not a whole lot more. These are called dividend stocks. Other stocks pay no dividends. But if they can grow at 15%-20% a year or more, you're fine.These are called growth stocks. The safest way is to get a \"\"balanced\"\" combination of dividends and growth, say a yield of 3% growing at 8%-10% a year, for a total return of 11%-13%. meaning that you get the best of both worlds.These are called dividend growth stocks.\""}
{"_id": "350625", "title": "", "text": "Either make your best guess, or set it low and then file quarterly Estimated Tax payments to fill in what's missing, or set it high and plan on getting a refund, or adjust it repeatedly through the year, or..."}
{"_id": "350642", "title": "", "text": "\"Let's divide all bank accounts into savings and checking. The main difference is that checking is easy to get money from; savings is hard to get money from. Because of this, the federal Reserve requires that banks keep more money on hand to cover transactions in checking accounts. Here is a related question from a banking customer regarding a recent notice on their bank statement: Deposit Reclassification. It seems that the bank was moving the customer's money between hidden sub accounts to make it look like the checking account was really a savings account and thus \"\"reduce the amount of funds we are required to keep on deposit at the Federal Reserve Bank.\"\" If they didn't have to transfer the money many times the bank could keep less cash on hand. But once they did 5 hidden transactions the rest of the money in the hidden savings account would be moved by the bank. The 6 transaction limit is done to not allow you to treat savings like checking. Here is a relevant quote from the Federal Reserve Savings Deposits  Savings deposits generally have no specified maturity   period. They may be interest-bearing, with interest computed or paid   daily, weekly, quarterly, or on any other basis. The two most   significant features of savings deposits are the \u2018\u2018reservation of   right\u2019\u2019 requirement and the restrictions on the number of   \u2018\u2018convenient\u2019\u2019 transfers or withdrawals that may be made per month (or   per statement cycle of at least four weeks) from the account. In order   to classify an account as a \u2018\u2018savings deposit,\u2019\u2019 the institution must   in its account agreement with the customer reserve the right at any   time to require seven days\u2019 advance written notice of an intended   withdrawal. In practice, this right is never exercised, but the   institution must nevertheless reserve that right in the account   agreement. In addition, for an account to be classified as a \u2018\u2018savings   deposit,\u2019\u2019 the depositor may make no more than six \u2018\u2018convenient\u2019\u2019   transfers or withdrawals per month from the account. \u2018\u2018Convenient\u2019\u2019   transfers and withdrawals, for purposes of this limit, include   preauthorized, automatic transfers (including but not limited to   transfers from the savings deposit for overdraft protection or for   direct bill payments) and transfers and withdrawals initiated by   telephone, facsimile, or computer, and transfers made by check, debit    card, or other similar order made by the depositor and payable to   third parties. Other, less-convenient types of transfers, such as   withdrawals or transfers made in person at the bank, by mail, or by   using an ATM, do not count toward the six-per-month limit and do not   affect the account\u2019s status as a savings account. Also, a withdrawal   request initiated by telephone does not count toward the transfer   limit when the withdrawal is disbursed via check mailed to the   depositor.  Examiners should be particularly wary of a bank\u2019s practices   for handling telephone transfers. As noted, an unlimited number of   telephone-initiated withdrawals are allowed so long as a check for   the withdrawn funds is mailed to the depositor. Otherwise, the limit   is six telephone transfers per month. The limit applies to telephonic   transfers to move savings deposit funds to another type of deposit   account and to make payments to third parties.\""}
{"_id": "350646", "title": "", "text": "Pretty obvious how you could draw the conclusions you've drawn given the source. The problem is that source is in no way based in reality. Man made climate change is absolutely real, that's not even debatable anymore. The degree to which we are changing the climate and what we're going to do about it are the topic at hand but your sources are bunk which is why your opinions on the matter are bunk too.  Not going to downvote because while you didn't actually add anything of substance to the conversation, you cited your source as requested. You need to broaden your horizons."}
{"_id": "350655", "title": "", "text": "They charge merchants a transaction fee, typically between 1% and 3%, for processing every credit card transaction. And of course they make money on interest charged to customers even if they pay on time, as long as the customers don't pay off their balance in full every month."}
{"_id": "350656", "title": "", "text": "Supplier of Quartz Powder in India http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php Shri Vinayak Industries is a prominent supplier and Manufacturer of Quartz Powder in India. Quartz is the most common mineral which is composed of silicon and oxygen and its chemical composition is silicon dioxide, SiO2. It is chief component of igneous, sedimentary and metamorphic rocks. Quartz is very durable and its durability makes it most commanding mineral. Its size varies from small particles to metric ton. Quartz Stone in its pure form is colorless, but generally it is colored by impurities."}
{"_id": "350669", "title": "", "text": "Certainly reading the recommended answers about initial investing is a great place to start and I highly recommend reading though that page for sure, but I also believe your situation is a little different than the one described as that person has already started their long-term career while you are still a couple years away.  Now, tax-advantaged accounts like IRAs are amazingly good places to start building up retirement funds, but they also lock up the money and have a number of rules about withdrawals. You have fifteen thousand which is a great starting pot of money but college is likely to be done soon and there will likely be a number of expenses with the transition to full-time employment.  Moving expenses, first month's rent, nursing exams, job search costs, maybe a car...  all of this can be quite a lot especially if you are in a larger city.  It sounds like your parents are very helpful though which is great. Make sure you have enough money for that transition and emergency expenses first and if there is a significant pool beyond that then start looking at investments.  If you determine now is the best time to start than then above question is has great advice, but even if not it is still well worth taking some time to understand investing through that question, my favorite introduction book on the subject and maybe even a college course.  So when you land that first solid nursing job and get situated you can start taking full advantage of the 401K and IRAs."}
{"_id": "350680", "title": "", "text": "\"The Securities Industry and Financial Markets Association (SIFMA) publishes these and other relevant data on their Statistics page, in the \"\"Treasury & Agency\"\" section. The volume spreadsheet contains annual and monthly data with bins for varying maturities. These data only go back as far as January 2001 (in most cases). SIFMA also publishes treasury issuances with monthly data for bills, notes, bonds, etc. going back as far as January 1980. Most of this information comes from the Daily Treasury Statements, so that's another source of specific information that you could aggregate yourself. Somewhere I have a parser for the historical data (since the Treasury doesn't provide it directly; it's only available as daily text files). I'll post it if I can find it. It's buried somewhere at home, I think.\""}
{"_id": "350681", "title": "", "text": "It depends on how much your time is worth. Those interest rates from that amount of money will not generate anything convenient. And the effort you make to fulfill the requirements can possibly turn into an overhead cost to getting that $34 a month. For instance, lets say you make $20/hour but you spent an hour trying to figure out how their billpay works. Suddenly not worth it. And if that interest rate is only granted up to $10k, then the compounding effects will be nullified because they won't even grant that same interest rate once the money starts to grow. Hope that helps."}
{"_id": "350692", "title": "", "text": "Yes, I think you will be able to withdraw from your 401(k) without penalty. Normally, you need to be age 59\u00bd before you can withdraw without incurring a 10% penalty.  However, an exception to this rule is described in an IRS 401(k) Resource Guide: Exceptions. The 10% tax will not apply if distributions before age 59\u00bd are made in any of the following circumstances: What this means is that if you leave the company that you have the 401(k) with in the calendar year that you turn 55 (or later), you can take early distributions from the 401(k) without penalty.  This year is the year that you turn 55, so it appears that you are eligible for early distributions under this rule."}
{"_id": "350701", "title": "", "text": "Let's reverse this.  If you had a business to hold corporate information, and that information was leaked to the world, do you think the corporation would agree that you shouldn't be put out of business?  They would want that and some blood for their troubles."}
{"_id": "350708", "title": "", "text": "Best way would probably be to go buy gold or some other liquid item and then just sell it back for cash. Or buy items from stores and return them. Most stores that don't give store credit will give cash or put it on your CC."}
{"_id": "350712", "title": "", "text": "I cannot believe noone mentioned this so far: Every decision you make is independent from previous decisions (that is, if you only care about your expected gain). This means that your decision whether to buy the option should be the same whether you bought the same option before or not."}
{"_id": "350715", "title": "", "text": "Uber truly is awesome.   Think about how many people Uber home from the bar instead of driving home drunk.  Think about how much of a pain in the ass it was to call different taxi companies, stay on the phone, and order a taxi for pickup at a certain time. And then you needed to have cash on you to pay the guy.  Now you can connect with a driver who picks you up in a nice new car and you can watch in real time as he picks you up. Badass. My life is way better now with ride sharing, and Uber has been willing to take on massive losses year after year for the customers' benefit."}
{"_id": "350725", "title": "", "text": "Robin Hood implies taking from the rich and given to the poor.    But, what actually will happen is money will be taken from the rich to support well compensated upper middle class bureaucrats who are bright, well educated and well-connected enough to find work without resorting to a handout."}
{"_id": "350743", "title": "", "text": "It is, but most people don't have the need or the ability to attend a private school. There's a good, cheap option in plenty of states. Many of them also have a tuition assistance program available if you keep good grades. I'm only familiar with a handful, but look at UC, UGA, Auburn or Alabama, UF, FSU, USC, UC Boulder, Texas, Texas A&amp;M... I'd wager that most states have a great option for the average person, and it's sometimes the best in the world -- look at Berkley for many hard sciences or Auburn for their veterinarian program. Sure, if you want to be a doctor, lawyer, veteranarian, investment banker, or chase some other professional career you might want to attend one of the top universities to make the right connections, but if those are serious considerations for you in high school your family probably already has the money to be able to afford that."}
{"_id": "350748", "title": "", "text": "\"This is because volatility is cumulative and with less time there is less cumulative volatility. The time value and option value are tied to the value of the underlying.  The value of the underlying (stock) is quite influenced by volatility, the possible price movement in a given span of time.  Thirty days of volatility has a much broader spread of values than two days, since each day benefits from the possible price change of the prior days.  So if a stock could move up to +/- 1% in a day, then compounded after 5 days it could be +5%, +0%, or -5%.  In other words, this is compounded volatility. Less time means far less volatility, which is geometric and not linear.  Less volatility lowers the value of the underlying.  See Black-Scholes for more technical discussion of this concept. A shorter timeframe until option expiration means there are fewer days of compounded volatility.  So the expected change in the underlying will decrease geometrically.  The odds are good that the price at T-5 days will be close to the price at T-0, much more so than the prices at T-30 or T-90. Additionally, the time value of an American option is the implicit put value (or implicit call).  While an \"\"American\"\" option lets you exercise prior to expiry (unlike a \"\"European\"\" option, exercised only at expiry), there's an implicit put option in a call (or an implicit call in a put option).  If you have an American call option of 60 days and it goes into the money at 30 days, you could exercise early.  By contract, that stock is yours if you pay for it (or, in a put, you can sell whenever you decide). In some cases, this may make sense (if you want an immediate payoff or you expect this is the best price situation), but you may prefer to watch the price.  If the price moves further, your gain when you use the call may be even better.  If the price goes back out of the money, then you benefited from an implicit put.  It's as though you exercised the option when it went in the money, then sold the stock and got back your cash when the stock went out of the money, even though no actual transaction took place and this is all just implicit. So the time value of an American option includes the implicit option to not use it early.  The value of the implicit option also decreases in a nonlinear fashion, since the value of the implicit option is subject to the same valuation principles. But the larger principle for both is the compounded volatility, which drops geometrically.\""}
{"_id": "350788", "title": "", "text": "RTFA  &gt;Noah places the high-water mark for unionism in the mid-1950s, when nearly 40 percent of American workers were either union members or \u201cnonunion members who were nonetheless covered by union contracts.\u201d In the early postwar years, even the Chamber of Commerce believed that \u201ccollective bargaining is a part of the democratic process,\u201d as its then-president noted in a statement. &gt;But, in the late-1970s, union membership began falling off a cliff, brought on by a variety of factors, including jobs moving offshore and big labor\u2019s unsavory reputation. Government didn\u2019t help either: Ronald Reagan\u2019s firing of the air traffic controllers in 1981 sent an unmistakable signal that companies could run roughshod over federal laws intended to protect unions \u2014 which they\u2019ve done ever since. &gt;The result is that today unions represent 12 percent of the work force. \u201cDraw one line on a graph charting the decline in union membership, then superimpose a second line charting the decline in middle-class income share,\u201d writes Noah, \u201cand you will find that the two lines are nearly identical.\u201d Richard Freeman, a Harvard economist, has estimated that the decline of unions explains about 20 percent of the income gap."}
{"_id": "350791", "title": "", "text": "For any type of commercial airconditioning repairs in Adelaide, get in touch with us, i.e. True Air Airconditioning Services. The reason why we are inviting you to contact only us is only we can understand the loss you might endure if this hindrance stays with you for a little longer. So, here you need not adjust anymore, call us now and see how quick we get over with this circumstance and let your business functions smoothly once again."}
{"_id": "350796", "title": "", "text": "If you want to ensure that you stop paying interest, the best thing to do is to not use the card for a full billing cycle.  Calculating credit card interest with precision ahead of time is difficult, as how you use the card both in terms of how much and when is critical."}
{"_id": "350800", "title": "", "text": "At every moving/yard/garage sale I have ever seen only cash is accepted. While the use of electronic payments is growing the big problem is that it is hard to verify the exchange at the time the goods are changing hands. Unless you have a card reader attached to your phone, you can't use a credit or debit card. Unless you can verify that they did transfer the money electronically why would you let them walk away with your stuff? If you knew them you could accept a check, but there are risks with the checks bouncing."}
{"_id": "350814", "title": "", "text": "The idea of government is a good idea... the organism of Humanity coming together to pick a single unified direction for itself. It's kinda like how I like to think our cells evolved to work together in such a unified manner. We just are still working out the kinks in our systems. IT hasn't really taken hold yet, will be fun to see what a technocracy looks like... soon."}
{"_id": "350819", "title": "", "text": "Banks will usually look at 2 years worth of tax returns for issuing business credit.  If those aren't available (for instance, for recently formed businesses), they will look at the personal returns of the owners. Unfortunately, it sounds like your friend is in the latter category. Bringing in another partner isn't necessarily going to help, either; with only two partners / owners, the bank would probably look at both owners' personal tax returns and credit histories.  It may be necessary to offer collateral. I'm sorry I can't offer any better solutions, but alternative funding such as personal loans from family & friends could be necessary.  Perhaps making them partners in exchange for capital."}
{"_id": "350826", "title": "", "text": "This is a very good plan for our current fiscal situation.   The problem as I see it, is that the die-hard Tea Partiers who want to curb gov't spending, bristle whenever you add the DOD to the equation.   I also like the idea of giving those federal programs that would be better handled on the State level back to the States (ie HUD, Dept of Ed, ect...). You can still keep the cabinet level positions but allow them to sponsor and provide grants for research and advancements in those areas without attempting to micromanage them from Washington."}
{"_id": "350839", "title": "", "text": "A computer is a special case because the IRS thinks that you might be using it for personal applications.    You may need to keep a log, or be able to state that you also have another computer for non-business use. That said, if your schedule C shows a small profit then you don't need to itemize expenses, just state the total."}
{"_id": "350843", "title": "", "text": "Jobmaster Magnets has nearly 25 years of experience in designing and engineering magnets for a wide variety of electromechanical applications. Whenever clients are in demand and looking for something beyond what is available off the shelf, having desire for customized magnets. Jobmaster Magnets also has the necessary expertise and equipment to customize magnets according to client specifications."}
{"_id": "350850", "title": "", "text": "If a market is efficient then risk/reward should be linear.  In simple markets like stocks and bonds, everyone thinks the same way and the risk/reward calculation is simple, so everyone can have an accurate idea of the risk/reward ratio, unless the company has serious undisclosed problems. But in other markets like derivatives and mortgage bonds, few people understand what they're buying so the risks remain hidden. Someone might think a company will do well, so they buy an derivative on that company. But no one understands risk/reward calculations on derivatives, so the risk/reward on the derivative could be way off the price on the derivative."}
{"_id": "350872", "title": "", "text": "Judge this stock no differently than any other is the answer.  Optimism isn't fact. http://clarkhoward.com/liveweb/shownotes/2007/06/06/12304/?printer=1 Now because you get to buy extremely low, and sell for probably higher and you believe in the stock, I'd say go ahead and purchase the stock, manage it for taxes with the advice of your advisor and get your portfolio rebalanced as soon as you can.  That might admittedly be a year or more, but as you say you have time. Like any investment, don't spend money you can't lose."}
{"_id": "350887", "title": "", "text": "Obviously you're missing that there is no house on the land so the cost comparison between a house and land isn't terribly valid.   The land might not have connections to the municipal sewage/power/electrical and may need zoning changes and permits for those connections.   You're missing that you don't know how to design and build a house so you'll need to hire people for those tasks; then live through the process, headaches, and probable budget overruns. Edit: You're also missing that lending for speculative land development is significantly different from lending for a single family home."}
{"_id": "350889", "title": "", "text": "\"Mortgage agreements usually have a clause in which the mortgagor warrants that all the statements and information which they have provided to the mortgagee are correct. In your case, this probably included your credit score. Since your \"\"statement\"\" concerning your credit score is no longer accurate, they want you to update the agreement with the new information before the final version is prepared. Credit scores change for many random reasons. The agencies re-calibrate formulas constantly. It is unlikely that your mortgage negotiations affected your credit score. The bank will only start reporting the facts of mortgage to a credit agency when you start paying (or not paying) the loan. Credit agencies don't care whether you have a loan or not. They only care whether you have paid your debts, or not paid them.\""}
{"_id": "350900", "title": "", "text": "George Bush's first attorney general, 2000-2004, [held prayer meetings daily in the White House](http://www.aclu.org/religion-belief/ashcroft-holds-prayer-meetings-white-house).  According to many of his underlings, if you didn't go to them you didn't get privileges and maybe even promotions, although that was hard to prove."}
{"_id": "350901", "title": "", "text": "The name of this type of investment is Capital Guaranteed Investment, and yes they do exist, some financial institutions do offer them from time to time and they can be better than putting money in the bank. Unlike what someone else said, your money is not is not locked for the five years. You can take out your investment at any time, but if you do take your money out before the term (5 years in your mother's case) the capital gurantee is void. So you would only withdrawal your money if the investment is currently in proffit, because if it is at a loss when you go to withdrawal, you get hit with the loss. In many cases you will get a third party, usually a large bank, being guarantor for the capital guarantee, and they in turn get paid for this obligation."}
{"_id": "350923", "title": "", "text": "Is there any restriction to transfer fund from NRO to NRO There are no restrictions on transferring funds from NRO to another NRO account. Is there any tax deduction for that? This would depend on the purpose of the transfer. There is no tax on account of transfer of money. There may be tax to the other NRO account holder."}
{"_id": "350925", "title": "", "text": "A long straddle using equity would be more akin to buying a triple leveraged ETF and an inverse triple leveraged ETF, only because one side will approach zero while the other can theoretically increase to infinity, in a short time span before time decay hits in. The reason your analogy fails is because the delta is 1.0 on both sides of your trade. At the money options, a necessary requirement for a straddle, have a delta of .5 There is an options strategy that uses in the money calls and puts with a delta closer to 1.0 to create an in the money strangle. I'm not sure if it is more similar to your strategy, an analogous options strategy would be better than yours as it would not share the potential for a margin call."}
{"_id": "350926", "title": "", "text": "\"Terrible service, apathetic staff, horrible managers, absurd prices, and last-in-line status compared to other comparable food joints.   The only good thing about bdubs is their sauce, and you can buy that for five dollars at the store and make your own food and not have to deal with their bullshit.   Literally had this conversation with my girlfriend last week:  Me: \"\"I want bdubs but it's wednesday and their wings are only even almost worth it on the tues/thurs specials.\"\"  Her: \"\"Also we always leave there in a bad mood because of the terrible service.\"\"  Me: \"\"Good point. Let's go to &lt;local mom and pop burger joint&gt;\"\"  But no that's fine, blame millennials for your business model that has been dying for the past ten years. It's not your fault! The children are the ones who are wrong!\""}
{"_id": "350927", "title": "", "text": "Check cashing is not tax reportable. The way people pay income tax is by either withholding via an employer, self made payments, or when they file. Rather or not they cash their checks or where they do so has nothing to do with any of that."}
{"_id": "350933", "title": "", "text": "A CD is guaranteed to pay its return on maturation.  So if you need a certain amount of money at a specific time in the future, the CD is a more reliable way of getting it.  The stock market might give you more money or less.  More is obviously OK.  Less is not if you're planning to pay basic expenses with it, e.g. food, rent, etc.   Most retirement portfolios will have a mix of investments.  Some securities (stocks and bonds), some guaranteed returns (CDs, treasuries), and some cash equivalents (money market, savings, and checking accounts).  Cash equivalents are good for short term expenses and an emergency fund.  Guaranteed returns are good for medium term expenses.  Securities are good for the long term.   Once retired, the general system is to maintain enough cash equivalents for the next few months of expenses and emergencies.  Then schedule CDs for the next few years so that you have a predictable amount.  Finally, keep the bulk of your wealth in securities.  As you get older, your potential emergencies increase and your need for savings decreases, so the mix shifts more and more to the cash equivalents and guaranteed returns and away from securities.   CDs have limited use prior to retirement (and the couple years right before retirement), mainly saving up for a large purchase like a house, car, or major appliance.  Even there if you have the option of delaying the purchase, that might allow you to use securities instead.  Perhaps some of your emergency fund in a short term CD that you keep rolling over.   Note that the problem isn't so much that securities will fall.  It's that they'll fall right when you need the money.  So rather than sell 1% of your securities to meet your needs, you have to sell 2%.  That's a dead weight loss of 1% that you have to deduct from your returns.  That roughly matches the drop from the height of 2007 to the trough of 2009 of the S&P 500.  And it was 2012 before it recovered.  If in 2007, you had put the 1% of your portfolio in a two-year CD, you'd be ahead even at zero interest in 2009."}
{"_id": "350948", "title": "", "text": "\"In it's current state, maybe not. The biggest issue with me is scheduling deliveries for perishable items. I don't plan ahead like \"\"Okay, tomorrow I'm going to Kroger between 5pm and 7pm to get groceries.\"\"    We live in an age where the trend is \"\"I want what I want, I want it here, and I want it now.\"\"  Depending on where you're at, grocery delivery doesn't always allow for that.   But imagine they perfect it to where you can decide between having Chinese delivered within an hour OR having a bag of groceries delivered within an hour (at an affordable price where the distribution costs are not price-prohibitive). To me at least, that would be the ideal scenario. It's getting closer especially in urban areas, but hasn't really been perfected/made consistent yet by any one delivery service.\""}
{"_id": "350958", "title": "", "text": "\"&gt; Sure, it's more than 5 minutes to charge up a car. But that's offset by spending NO time waiting for the other 90% of your daily driving. Just plug in when you get home, and you've got a full \"\"tank\"\" of electricity every morning.  We aren't talking about it being an issue when you are home. Not sure how you got that idea.  The issue I had with it is long distances.\""}
{"_id": "350961", "title": "", "text": "With non-GMO ingredients, health specs to meet and often a crazy hectic back of house/kitchen, I'm surprised they even stuck with it. I miss working there, but from what I'm told by former coworkers, the queso is a bigger hassle to make and serve than the chorizo. When I get back I hope to taste it and see if they made the right call."}
{"_id": "350967", "title": "", "text": "\"Lolol.   Is it \"\"survival of the fittest\"\" or \"\"arbitrary luck and randomness\"\" that fates today's worker? Make your mind up.   There isn't a political/social ideology ever that doesn't pair qualified people where they need to be. Really doesn't matter how passionate you are about being a doctor, if you are terrible at it, you can't be a doctor- this philosophy is not specific to \"\"evil, murdering capitalism\"\" it's consistent throughout. What you're talking about isn't a defined political or social ideology, it's Huggy-lovee-feefee Land.\""}
{"_id": "350972", "title": "", "text": "\"I'm working from 6am-2pm today (from home, since it's Saturday) and I'm on call from 2pm-4am tomorrow.  If the phone rings at our company help desk at any time from 2pm-4am, I am expected to answer it or return the call promptly.  I'm not paid for the entire time of 2pm-4am, but only for the time I'm \"\"on a call\"\" essentially.  It was a shock when I found out that was the terms of the job (3 months in, there were dramatic changes in my schedule) and most of my friends seem to agree with me.  Am I off base?\""}
{"_id": "350980", "title": "", "text": "If it were me, I'd be debt free today, Monday, at latest.  100K-(53K+31.2K) = 15.8K would be my bank balance by this afternoon. I am not sure why you would count 6K of your daughter's money as yours to use.  Either it is her money, or yours, not both. If you still want debt, which I think is silly, you might try to refi your home with a home equity loan.  That loan would be in first position, at a fixed rate, and for a fixed term.  Regions bank did some thing like this for a person with excellent credit and plenty of equity.  They got a 7 year loan at 2.6% when the prevailing interest rate on a 15 year was about a point higher."}
{"_id": "350986", "title": "", "text": "\"here's an all-too-common anecdote which gives me that impression:  Executive summaries, PowerPoint etc. have slowly made most leaders slow and ineffective at dealing with change. I worked in a company that was adamant to continue to produce a DSL modem/Wifi Router/In-Room movie service box as their next product that would be installed per room into a Dslam on site in hotels. When I tried to explain to them people are just going to download porn online, cat-5 and a few Wifi routers are 1/10th the price and a Dlam is a pain in the troubleshoot over the phone they just ignored me. Why? Well they said they had been with the company for far longer, seniority was their excuse to drive a company into the ground. They never gave me one technical or analytical reason why their monstrosity of a project was actually worth pursuing, the actually thought they knew more about technology than their engineers, technicians and tech support because they had been sitting in rooms listening about technology at maybe a 10th grade level for 30 years. Every one of them had business degrees, even the CTO but that is not too bad on its own. It was the fact that they had never ventured out of their academic discipline. Their book shelves, if they had any, were filled with popular management books, self-help guides and dieting books. Oh man, sorry for the long rant, I hated that place. TL;DR: Management in MBA-led technical companies after a certain amount of time imho just becomes a bunch of deluded, self-righteous good old boys that will drive your company like 60 year old drunk frat boys at the wheel of a school bus.  my background is in computational bio, which is close to economics math-wise.  Let me do a play-by-play takedown of those things, and their dependency on context.  1) communicating with stakeholders  How is this different from communication skills generally? stakeholders are not a homogenous group, so the statement is a derp.  2)negotiating goals  much like the first, this is some \"\"communications\"\" herpderp.  Key point is that understanding goal feasibility is dependent on experience with the system those goals measure, so this fake skill splits between expertise(as I mentioned) and bullshitting(aka \"\"communications\"\").  3)Developing a strategy   falls under expertise because it is most essential to understand technical feasibility.  You cannot delegate tasks well unless you  understand exactly how to perform those tasks.  4)**leading** an organization to accomplish said goals.  the first word made your definition recursive, sweetie\""}
{"_id": "351011", "title": "", "text": "While volume per trade is higher at the open and to a lesser extent at the close, the overall volume is actually lower, on average. Bid ask spreads are widest at the open and to a lesser extent at the close. Generally, bid ask spreads are inversely proportional to overall volumes. Why this is the case hasn't been sufficiently clearly answered by academia yet, but some theories are that"}
{"_id": "351018", "title": "", "text": "\"Target Date Bond ETFs: Best or Worst Fixed Income Funds? references a product at least in terms of being a bond fund that exists, Target Date Bond ETFs.  While the article is a bit old as it came out 7 months ago, \"\"AMT Free Municipal Bonds by iShares\"\" would be the product to explore and see if the ticker exists. Shares Launches 2018 Muni Bond ETF may be the product you want assuming a 5 year time frame as the final date referenced in the article is Aug. 31, 2018 approximately.  Remember to do your own research but this would seem to be what you wanted.\""}
{"_id": "351025", "title": "", "text": "\"https://www.fool.com/investing/general/2013/07/30/2-types-of-risk-2-types-of-bubbles.aspx (mirror): The Wall Street Journal reviews: What Mr. Bernstein calls \"\"shallow risk\"\" is a temporary drop in an asset's market price; decades ago, the great investment analyst Benjamin Graham referred to such an interim decline as \"\"quotational loss.\"\" \"\"Deep risk,\"\" on the other hand, is an irretrievable real loss of capital, meaning that after inflation you won't recover for decades -- if ever. So quotational loss = loss not explained by change of actual value of a firm.\""}
{"_id": "351044", "title": "", "text": "I would strongly encourage you to either find specifically where in your written contract the handling of early/over payments are defined and post it for us to help you, or that you go and visit a licensed real estate attorney. Even at a ridiculously high price of 850 pounds per hour for a top UK law firm (and I suspect you can find a competent lawyer for 10-20% of that amount), it would cost you less than a year of prepayment penalty to get professional advice on what to do with your mortgage. A certified public accountant (CPA) might be able to advise you, as well, if that's any easier for you to find. I have the sneaking suspicion that the company representatives are not being entirely forthcoming with you, thus the need for outside advice. Generally speaking, loans are given an interest rate per period (such as yearly APR), and you pay a percentage (the interest) of the total amount of money you owe (the principle). So if you owe 100,000 at 5% APR, you accrue 5,000 in interest that year. If you pay only the interest each year, you'll pay 50,000 in interest over 10 years - but if you pay everything off in year 8, at a minimum you'd have paid 10,000 less in interest (assuming no prepayment penalties, which you have some of those). So paying off early does not change your APR or your principle amount paid, but it should drastically reduce the interest you pay. Amortization schedules don't change that - they just keep the payments even over the scheduled full life of the loan. Even with prepayment penalties, these are customarily billed at less than 6 months of interest (at the rate you would have payed if you kept the loan), so if you are supposedly on the hook for more than that again I highly suspect something fishy is going on - in which case you'd probably want legal representation to help you put a stop to it. In short, something is definitely and most certainly wrong if paying off a loan years in advance - even after taking into account pre-payment penalties - costs you the same or more than paying the loan off over the full term, on schedule. This is highly abnormal, and frankly even in the US I'd consider it scandalous if it were the case. So please, do look deeper into this - something isn't right!"}
{"_id": "351051", "title": "", "text": "I grew up with records.  I hated them.  I still hate them today.  Spend big money on some music and have it wreaked by bumping the needle.  This was common in the past.  The bad old days are still the bad old days."}
{"_id": "351055", "title": "", "text": "Thanks for the link.   The way I interpretet is like this:   IPOs are underpriced to make sure they will sell all the shares to the market, avoiding lose of face. (short term andslide 4)  But that doesn't mean it is a good investment in the long run, because these companies have their reasons to go public, and one of those reasons could be that they think the market is overpricing stocks (long term and slide 5)   There are of course other reasons, one of them to finance the business.  By the way, I think the data is heavily skewed because of the dotcom crash, but interesting nonetheless."}
{"_id": "351059", "title": "", "text": "\"For starters like some other people have said, just talk to someone in IB and get some advice on how to break in, and what it's really like. I've spoken to people in IB and learned that it's really just not going to be for me...In response to your four questions,  1.  Get your degree at DePaul and wait a few years to get your masters. You don't need an MBA for IB and it'll be a lot harder to go to a prestigious grad school without significant work experience and a solid network  1. It definitely wouldn't hurt for you to double major in CS, but if you do, you're going to have to keep your grades up, and still stay sharp in both majors. You don't want to have a 3.0 and have both, it'll kill your chances. You're going to need at LEAST a 3.8, if you're under that it's gonna be a lot harder to get anywhere.   1. If there are other industries you want to turn to then sure! I used to be interested in IB but now I'm leaning more towards private equity, and working with Reg D. clients, 1031 exchanges etc.   1. NETWORK!!!! If you aren't already, seriously get out there and network like hell. But don't just cold call random people, you really need to make meaningful connections with people, and continue to stay in contact with them. You can also learn a lot from WSO and various IB books, guides etc, I have a bunch of that stuff on my google drive from a friend if you want it.   And some general tidbits  **Don't stress about the school you go to**...going to a prestigious school really does help, but if you work hard enough, make the right connections and are good at what you do, you can land a role in IB. I know several people that have gone into IB from my school and I would consider us maybe a Grade C state school. It's possible  I'd also recommend looking more at a boutique and middle-mark companies rather than your Bulge Bracket banks, it'll have less competition and could be easier to break into, and like some other people are said you really need to get that junior year internship if you want to make it into IB. But if you can't get into IB right after school don't fret, go somewhere, get some experience, get your certifications (Series 7, Series 63 etc) and try again.  **Know your technicals** you need to be able to walk through a DCF, an LBO and all of the financial statements in an interview. There are billions of guides on how to do this, but you need to know this.  **Stay on top of current events** Just be well versed in how the market is doing, which industries are hot right now and what's not, and WHY!  **Know your story** Believe it or not, but your story and how that aligns with a companies culture is really important. I have a friend that didn't make it into a certain firm solely because they just didn't think he was a good enough fit for their culture. \"\"I want to make a lot of money\"\" won't work, instead think more along the lines of \"\"I want to challenge myself\"\"  Good luck man\""}
{"_id": "351072", "title": "", "text": "I'm not an expert in the field, but I'm pretty sure they *do*, its just that the customers arent us, but rather the landlords/cc companies/car dealerships/etc. who pay them for credit checks. Those parties do choose to do business with them and have alternatives."}
{"_id": "351077", "title": "", "text": "Letting the free market run its course, so the best, most efficient product that's best for consumers will prosper. What an **awesome** idea.  But alas, this is Reddit where they complain about SOPA/PIPA and the NDAA but believe in voting in lawmakers that want to expand the governments role in private enterprise/life."}
{"_id": "351088", "title": "", "text": "You are not limited in these 3 choices. You can also invest in ETFs, which are similar to mutual funds, but traded like stocks. Usually (at least in Canada), MERs for ETFs are smaller than for mutual funds."}
{"_id": "351100", "title": "", "text": "What secular religious wannabe non-sense. Sure some things are random and you have the same chance as the next guy all other things considered equal, but the chances of all other things being equal is nil to zero. Luck is an illusion of probability, and it's better to shape those odds in your own favor than not. You say as much in your post, so why even argue with me about it?"}
{"_id": "351109", "title": "", "text": "Lets make some assumptions. You are not close to retirement.  You have no other debts.  You have a job.  You have no big need for the money.   You should invest that.  Do not invest with a bank, they are not as competitive on fees as a brokerage account. You can get specific answers that are different from every person, (so you should dig in and research a lot more if you care (and you should).  Personally, I would suggest you open an account with one of the low cost providers. Then, with that new investment account, put your money into a target retirement account.  File your statements away and tend to it once a year.  (Make sure it is there, that you can access it, that nothing alarming is going on).  You certainly have enough to start an investment account.  If you want to get more into it, ask a phone adviser what you should open. Finally, before you start investing, make sure you follow the advice of radix07 and have no debt, saving the most you can for retirement. A rule of thumb is your money will double every 72 months. Congratulations, you are a saver.  Investing isn't for you as the risk of investing is in conflict with your desire to preserver you money. Open a savings account or high interest checking account with a credit union, online only or local community bank.  Shop around no the web for the highest interest.  Don't get your hopes up though, the highest rate you see (that doesn't have strings attached) won't be much here late summer of 2012."}
{"_id": "351114", "title": "", "text": "Permanent employees are the distinct opposite of contractors. Upwork can easily have business entities (limited liability company equivalents) in multiple countries, and it can make payments between them. Or they can merely use existing payment infrastructure (paypal, amazon) to accomplish the same thing. Their corporate structure is a red herring and most likely unrelated to what they've accomplished."}
{"_id": "351123", "title": "", "text": "According to the gnucash guide, losses are recorded as negative transactions against Income:Capital Gains.  I've followed this model in the past when dealing with stocks and commodities.  If on the other hand, you're talking about an asset which could normally follow a depreciation schedule, you might want to look at the section in the business guide dealing with asset depreciation."}
{"_id": "351133", "title": "", "text": "With enough money in the emergency fund to get rid of the car and still have a cushion, I would definitely get rid of it, as the car is not needed. Your car is only going down in value, which makes the current setup even less desirable. In essence, you are paying over $300 a month for something that, every month, is worth less and less. Since you are paying over $300 a month and it will take about $3000 from your emergency fund to get rid of the car, if you start putting that $300+ back in the emergency fund, in a mere 10 months you will have replenished the emergency fund."}
{"_id": "351137", "title": "", "text": "I haven't seen anyone mention tax considerations and that's why I'm answering this. The rest of my answer is probably covered in the aggregate of other responses. Here's how I would look at this in a taxable (not an IRA) account: This could be an opportunity to harvest the tax losses to offset taxable gains this year or in future years. Unless I have compelling reasons to believe that the price will recover by at least (Loss% x ApplicableTaxRate) in the next 31 days then I would take the known - IRS tables - opportunities over the unknown. Here's what I would consider for all accounts: Is this the most likely place to earn a good return on my money and is it contributing to a strategy that fits my risk tolerance? You might need to get some emotional distance from the pain to make this determination objectively. As you consider your trading and investment strategy going forward consider that when it hurts and you have to pull yourself up by the bootstraps to think clearly about your situation, you were most likely trading with too much size for you in that particular position. I'm willing to make exceptions to that rule of thumb, but it's a good way to use the painful losses as a gut check on how your strategy fits your real situation. P.S. All traders experience individual losses that hurt and find their way to the most suitable strategies for them through these painful experiences."}
{"_id": "351143", "title": "", "text": "The simple truth is, that the one that had to the most to gain is the one responsible and all else is misdirection.  So who gained the most and who actually had the ability and motivation to pull it off?  Lets see . .Zukerberg runs face books . . . he is a jew  Donald Trump's bankrupt son in law, kushner, is now in the White house call he shots in the middle east deal and his family making money from the influence . .they are jews  Israel is happy with their new F-35s, a promise to relocate the US embassy to Jerusalem, a hard line against Iran, that Nathanyahu keeps grinning like a jack ass . .they are jews  The Jews long lost calf worshiping Indian cousins are now the darling of America.  So getting this imbecile Donald trump in the White house has benefited the Jews the most and he has been bankrupt a number of times so he is surely their bitch on a long term basis.  They have control of the media as well as the Fed and the Treasury.  So they had the means, the motivation, benefited from it and put the blame of putting the biggest monkey that America could find in the White house on Russia, which never had the means to rig the election.  And we all know who controls all the Big media houses and manages public perception   Finally, if you want to lose your account, go down to /r/worldnews and just say something anti-Israel and your are done.  But . .It was obviously the Russians"}
{"_id": "351146", "title": "", "text": "Ok go ahead and make a site like this and see how it does. Realistically nobody wants to sacrifice their own internet browsing speeds to remove a couple of skippable &amp; blockable ads. It'd be great if gigabit fiber was available nationwide, but it isn't even close. 30% of households still have DSL. Your tech solution relies on building blocks that don't exist, and compromises that people don't want to make.   Changing stuff over to P2P would require a massive infrastructure investment alongside with a rethinking of common web development principles. Before you go trying to reinvent the wheel, learn what pi is.   The ad-based model works. The subscription-based model also works. Many sites are switching to a combination of the two. Servers allow for centralized updating of your content. The only broken thing is that ads aren't perfectly targeted to individual users, which is changing. If you don't want to see any ads, pay the website a subscription."}
{"_id": "351154", "title": "", "text": "\"You might want to read about about the Coase Theorem.  \"\"In law and economics, the Coase theorem, attributed to Ronald Coase, describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights. In practice, obstacles to bargaining or poorly defined property rights can prevent Coasian bargaining.\"\" This is similar to what you are asking. Each country has an endowment of gold, and they must create a set amount of money to represent their endowment of gold. This will establish an exchange rate. If I have 5 tons of gold and you have 5 tons, and I print 10 dollars and you print 20, then one of my dollars is worth two of your dollars.  Thus, the amount of money is not relevant-  it's the exchange rate between the countries. If all the nations know each other's gold endowment, then we will have a perfect exchange rate. If we don't, then currency printing will vary but arbitrage should drive it to an accurate price.  Gold and diamonds are both valuable in part due to scarcity, but gold has been used as a measure of value because it's been historically used as a medium of exchange. People just realized that swapping paper was safer and cheaper than physically transporting gold, but the idea of gold as a measure of value is present because \"\"that's how it's always been.\"\" Nobody \"\"creates/supervises\"\" these procedures, but organizations like the IMF, ECB, Fed Reserve, etc implement monetary policy to regulate the money supply and arbitrage drives exchange rates to fair values.\""}
{"_id": "351159", "title": "", "text": "Why would such a large discount make business sense to the restaurant? The legit reasons could be;   Or can I assume that the restaurant is trying to avoid leaving a paper trail so that they could avoid paying tax? The illegal reasons could be;"}
{"_id": "351163", "title": "", "text": "\"Hit you local library and pick up a copy of \"\"Critical Business Skills for Success\"\" by The Great Courses.   It's a 30 hour audio book, but is an amazing business crash course. I wish I would have found it before trying (and failing) my own business.\""}
{"_id": "351169", "title": "", "text": "I think you can. I went to Mexico for business and the company paid for it, so if you are self employed you should be able to expense it."}
{"_id": "351180", "title": "", "text": "I don't know when you last returned something at Walmart, but waiting in that line can take up to a half hour. This is a big deal IMO, especially since Amazon has a crappy return policy compared to Walmart."}
{"_id": "351181", "title": "", "text": "\"&gt;Of course; the generation Xers are those in the age range where many were approaching the time when they would, but had not yet, transferred the bulk of their retirement savings to lower risk investments.  **Your analysis is WAY off-base.**  Gen X was more than a DECADE AWAY from even *thinking* of switching to \"\"lower risk investments\"\".  The OLDEST Gen X'ers were born in 1964 and have (just now) turned 48 -- they were (at most) 44 years old in 2008 when the market crashed.  The YOUNGEST Gen X'ers were born circa 1981-82, and (just now) have reached age 30 -- they were just getting started in their careers (around age 26) in 2008 when the market crashed.  The MAJORITY of Gen X'ers were -- in 2008 -- in their mid 30's.  NO ONE switches to \"\"low risk investments\"\" in their mid 30's.  ---  No, the only Gen X'ers who DIDN'T get \"\"screwed\"\" by the market crash were either:   1. Savvy enough to have SEEN the bubble &amp; crash coming and so got OUT of the stock market and/or housing; or...  2. Waited out the storm &amp; sat tight -- and allowed their market holdings to both crash and then rebound (though they would still largely be \"\"down\"\" from where they were at peak 2008, they wouldn't have suffered huge losses).\""}
{"_id": "351186", "title": "", "text": "Take a look inside of most food manufacturing facilities, and you will have a similar opinion. You ever eat at Mc Donalds? Guess what, same kind of shit going into those patties. The only reason that you say you wouldn't feed it to a dog is likely because of the things that the media was saying about it at the time it was being reported on. Hence, the lawsuit.  Not trying to bash, but seriously, this is not an isolated incident of a company using things that people wouldn't consume if they knew the ingredients."}
{"_id": "351187", "title": "", "text": "According to glassdoor and my own recruiting salaries and benefits are quite different. For example, PWC has about 1200 consulting partners and the average compensation is $600k/year. Accenture Director/VPs are nowhere near that. Senior Manager positions at Accenture top out at 175, while the same position at KPMG pays 225-250.  People don't choose Accenture over Deloitte/EY/PWC/etc.  Most tellingly, the average bill rates at Accenture are quite lower than big4. Public firms cannot compete with private firms in compensation.  A final example, Accenture bonuses above $20k are rare for Manager/Senior Managers. At big4 25-40k bonuses were commonplace these past few years, and these were bad years.  Oh yeah, vacation at big4 is 6 weeks, Accenture is only 5. Etc. etc."}
{"_id": "351195", "title": "", "text": "This is inside the special economic zone. There are lots of wholly owned European/US companies that do the same (though no car maker as of yet).  This means Tesla has to pay the same import tariff as if the car was build in the US. They also have to pay the US/EU import tariff if they ship it back to the US/EU from there.  Super strange arrangement if you ask me. China can only win with these rules. Either the product is made in China and there is 25% tariff or the product is made in China and some Chinese company owns 50% of it."}
{"_id": "351196", "title": "", "text": "http://i.imgur.com/qvayKiB.jpg  I bet many mathematicians would tell you that learning math makes you a better investor. And programmers would tell you that learning how to code makes you a better investor. And similarly for [biologists](https://www.bloomberg.com/news/articles/2017-07-20/hedge-fund-quant-posting-21-return-says-biology-is-secret-sauce) and sociologists and psychologists and [linguists](https://tepper.cmu.edu/-/media/files/tepper/extranet/academic%20programs/phd/dissertations/gao%20dissertation%20pdf.pdf) (PDF). Admittedly I have my own preconceived notions about [literary criticism](http://xkcd.com/451/), but I'd be tempted to believe the argument of an expert in any of those fields over a literary critic's."}
{"_id": "351202", "title": "", "text": "Good lord. Talk to a liberal about government waste and all of a sudden the conversation shifts to the meaning of fkn life. Waste is a very simple concept. Educate yourself.  https://goleansixsigma.com/8-wastes/  &gt; What is Waste?  &gt; Waste is any step or action in a process that is not required to complete a process (called \u201cNon Value-Adding\u201d) successfully. When Waste is removed, only the steps that are required (called \u201cValue-Adding\u201d) to deliver a satisfactory product or service to the customer remain in the process.  &gt; What are the 8 Wastes?  &gt; Defects\u00a0\u2013 Products or services that are out of specification that require resources to correct.  &gt; Overproduction\u00a0\u2013 Producing too much of a product before it is ready to be sold.  &gt; Waiting\u00a0\u2013 Waiting for the previous step in the process to complete.  &gt; Non-Utilized Talent\u00a0\u2013 Employees that are not effectively engaged in the process  &gt; Transportation\u00a0\u2013 Transporting items or information that is not required to perform the process from one location to another.  &gt; Inventory\u00a0\u2013 Inventory or information that is sitting idle (not being processed).  &gt; Motion\u00a0\u2013 People, information or equipment making unnecessary motion due to workspace layout, ergonomic issues or\u00a0 searching for misplaced items.  &gt; Extra Processing\u00a0\u2013 Performing any activity that is not necessary to produce a functioning product or service."}
{"_id": "351209", "title": "", "text": "Unless you are getting the loan from a loan shark, it is the most common case that each payment is applied to the interest accrued to date and the rest is applied towards reducing the principal.  So, assuming that fortnightly means 26 equally-spaced payments during the year, the interest accrued at the end of the first fortnight is $660,000 x (0.0575/26) = $1459.62 and so the principal is reduced by $2299.61 - $1459.62 = $839.99 For the next payment, the principal still owing at the beginning of that fortnight will be $660,000-$839.99 = $659,160.01 and the interest accrued will be $659,160.01 x (0.0575/26) = $1457.76 and so slightly more of the principal will be reduced than the $839.99 of the previous payment.  Lather, rinse, repeat until the loan is paid off which should occur at the end of 17.5 years (or after 455 biweekly payments). If the loan rate changes during this time (since you say that this is a variable-rate loan), the numbers quoted above will change too. And no, it is not the case that just %5.75 of the $2300 is interest, and the rest comes off the principle (sic)? Interest is computed on the principal amount still owed ($660,000 for starters and then decreasing fortnightly). not the loan payment amount. Edit  After playing around with a spreadsheet a bit, I found that if  payments are made every two weeks (14 days apart) rather than 26 equally spaced payments in one year as I used above, interest accrues at the rate of 5.75 x (14/365)% for the 14 days rather than at the rate of (5.75/26)% for the time between payments as I used above each 14 days, $2299.56 is paid as the biweekly mortgage payment instead of the $2299.61 stated by the OP, then 455 payments (slightly less than 17.5 calendar years when leap years are taken into account) will pay off the loan.  In fact, that 455-th payment should be reduced by 65 cents.  In view of rounding of fractional cents and the like, I doubt that it would be possible to have the last equal payment reduce the balance to exactly 0."}
{"_id": "351240", "title": "", "text": "In a previous life, I used to work for a local ISP and worked on prototyping, building, and implementing Canada's first mobile Wi-Fi distribution network for public transit.  In the first year of deployment, (unofficially) ridership increased by roughly approximately something like 300% (can't give actual figures, but it's been hovering around that figure).  We decided to backhaul it on a 2mbit/s HC-SDMA network for its beam-forming and spatial multiplexing which, again - unofficially, can push its full pipe worth of data (2mbit/s) while travelling at speeds over 160km/h (this was fun to test) without so much as a single dropped frame or CRC error.  Not AMA-material, but I think that the push for mobile data in consumer electronics has really bolstered the business model (and bottom line) for incumbents like public transit and long-distance busing."}
{"_id": "351251", "title": "", "text": "\"From the article:  \"\"Then, there\u2019s the FCC\u2019s new advisory panel. As The Daily Beast notes, Pai has filled the 30-person Broadband Deployment Advisory Committee (BDAC) with 28 reps from telecoms companies, and just two from local cities. The committee was supposed to work out how cities and companies can work together best to deploy high-speed wireless internet; instead, it will likely be a list of telecoms industry wishes that the FCC will use its power to push through local government.\"\"\""}
{"_id": "351260", "title": "", "text": "A simple example of a motherhood statement we would have all heard in a version of our proposal documents is, \u201cTo be delivered to the highest quality standards, whilst providing mutually beneficial outcomes to all parties\u201d, it might just pass the BS test in a Mission Statement but does not cut it for a winning proposal."}
{"_id": "351273", "title": "", "text": "$34/month for doing 12 transactions or more.  If your time is worth less than about $2.50 per transaction, then it makes sense. I'd also check to see what happens if you miss and make only 11 transactions one month.  Do you lose a finger or something?  Or (less dramatically) do they take away your nice rate forever or slap you on the wrist financially? The fine print taketh away in these deals.  I'd be sure to see what it says."}
{"_id": "351285", "title": "", "text": "In the US, for most mortgages: The rules for how you compute LTV vary. Usually it's based with current value. With FHA loans, you cannot have the property re-assessed -- LTV is based on the original loan amortization. Note that in the wake of the housing crisis, assessors have suddenly become very conservative with valuations, so be prepared to fight over the valuation."}
{"_id": "351293", "title": "", "text": "22 June 2016 would have been the time to do this. Nobody on here can tell you what GBP/EUR will do in the next few months and years now. Brexit is going to happen, which implies lower UK growth and consequently a lower path for GBP interest rates, but this is all already priced in.  If you believe the UK economy will underperform current forecasts and/or the euro-area economy will outperform current forecasts, that may imply there's scope for further GBP depreciation. If you believe the probability of a further political shock from a 'no deal' Brexit is materially higher than the market thinks, the same is true. But the opposite of these things could happen also.  I would worry less about playing the currency markets as a retail investor and more about what currency your outgoings are denominated in. You live in Spain. Do you have significant GBP expenses or liabilities, or do you expect to have them in the future? If not, why are you taking currency risk by holding GBP balances? Whereas if you do - e.g. if you plan to move (back?) to the UK in the near future - then it makes more sense."}
{"_id": "351305", "title": "", "text": "Any business that can't generate enough cashflow to pay their employees a living wage is a shity business. Unemployment is down and  minimum wage has gone up and yet there is still a record number of job openings. This disproves your bullshit.  People are not products."}
{"_id": "351312", "title": "", "text": "The optimal down payment is 0% IF your interest rate is also 0%. As the interest rate increases, so does the likelihood of the better option being to pay for the car outright. Note that this is probably a binary choice. In other words, depending on the rate you will pay, you should either put 0% down, or 100% down. The interesting question is what formula should you use to determine which way to go? Obviously if you can invest at a higher return than the rate you pay on the car, you would still want to put 0% down. The same goes for inflation, and you can add these two numbers together. For example, if you estimate 2% inflation plus 1% guaranteed investment, then as long as the rate on your car is less than 3%, you would want to minimize the amount you put down. The key here is you must actually invest it. Other possible reasons to minimize the down payment would be if you have other loans with higher rates- then obviously use that money to pay down those loans before the car loan. All that being said, some dealers will give you cash back if you pay for the car outright. If you have this option, do the math and see where it lands. Most likely taking the cash back is going to be more attractive so you don't even have to hedge inflation at all. Tip: Make sure to negotiate the price of the car before you tell them how you are going to pay for it. (And during this process you can hint that you'll pay cash for it.)"}
{"_id": "351314", "title": "", "text": "Here are some other things to consider:"}
{"_id": "351318", "title": "", "text": "&gt;$1,000 worth of electricity to generate  The cost of Bitcoin always tracks the price of Bitcoin.   There is a fixed amount of Bitcoin available to be mined every day.  The cost to mine bitcoin rises because of competition (they increase the difficulty of the problems to maintain a fixed supply of Bitcoin).  The electricity cost to mine Bitcoin is directly related to the amount of miners, which is directly related to the current cost of Bitcoin. More people want to mine when the price is high.  If you really think about it, what you are really saying is that the intrinsic value of bitcoin is the value of Bitcoin. Its a completely circular mirage."}
{"_id": "351340", "title": "", "text": "In my opinion, every person, regardless of his or her situation, should be keeping track of their personal finances.  In addition, I believe that everyone, regardless of their situation, should have some sort of budget/spending plan. For many people, it is tempting to ignore the details of their finances and not worry about it.  After all, the bank knows how much money I have, right?  I get a statement from them each month that shows what I have spent, and I can always go to the bank's website and find out how much money I have, right?  Unfortunately, this type of thinking can lead to several different problems. Overspending.  In olden days, it was difficult to spend more money than you had.  Most purchases were made in cash, so if your wallet had cash in it, you could spend it, and when your wallet was empty, you were required to stop spending.  In this age of credit and electronic transactions, this is no longer the case.  It is extremely easy to spend money that you don't yet have, and find yourself in debt.  Debt, of course, leads to interest charges and future burdens. Unpreparedness for the future.  Without a plan, it is difficult to know if you have saved up enough for large future expenses.  Will you have enough money to pay the water bill that only shows up once every three months or the property tax bill that only shows up once a year?  Will you have enough money to pay to fix your car when it breaks?  Will you have enough money to replace your car when it is time?  How about helping out your kids with college tuition, or funding your retirement?  Without a plan, all of these are very difficult to manage without proper accounting.   Anxiety.  Not having a clear picture of your finances can lead to anxiety.  This can happen whether or not you are actually overspending, and whether or not you have enough saved up to cover future expenses, because you simply don't know if you have adequately covered your situation or not.  Making a plan and doing the accounting necessary to ensure you are following your plan can take the worry out of your finances. Fear of spending.  There was an interesting question from a user last year who was not at all in trouble with his finances, yet was always afraid to spend any money, because he didn't have a budget/spending plan in place.  If you spend money on a vacation, are you putting your property tax bill in jeopardy?  With a good budget in place, you can know for sure whether or not you will have enough money to pay your future expenses and can spend on something else today. This can all be done with or without the aid of software, but like many things, a computer makes the job easier.  A good personal finance program will do two things: Keeps track of your spending and balances, apart from your bank.  The bank can only show you things that have cleared the bank.  If you set up future payments (outside of the bank), or you write a check that has not been cashed yet, or you spend money on a credit card and have not paid the bill yet, these will not be reflected in your bank balance online.  However, if you manually enter these things into your own personal finance program, you can see how much money you actually have available to spend. Lets you plan for future spending.  The spending plan, or budget, lets you assign a job to every dollar that you own.  By doing this, you won't spend rent money at the bar, and you won't spend the car insurance money on a vacation. I've written before about the details on how some of these software packages work.  To answer your question about double-entry accounting: Some software packages do use true double-entry accounting (GnuCash, Ledger) and some do not (YNAB, EveryDollar, Mvelopes).  In my opinion, double-entry accounting is an unnecessary complication for personal finances.  If you don't already know what double-entry accounting is, stick with one of the simpler solutions."}
{"_id": "351352", "title": "", "text": "it's kind of like a circular loop:  i think he would suggest identifying strategies/portfolio managers who have demonstrated outperformance in a persistent manner.  Thing is, that's also really hard to do.  I think empirically, MPT suffers when the market does. By diversifying, you'll only be down less. He's suggesting shooting for absolute returns -- no matter what the market does, he wants to see positive gains.  (a lot) easier said than done"}
{"_id": "351362", "title": "", "text": "In 2008, 10 year treasuries were up 20.1%, to gold's 4.96%. Respectfully, if I were certain if a market drop, I'd just short the market, easily done by shorting SPY or other index ETFs.  If you wish to buy gold, the easiest and least expensive way is to buy an ETF, GLD to be specific. It trades like a stock, for what that's worth. There are those who would suggest this is not like buying gold, it's just 'paper'. I believe otherwise. It's a non leveraged, fully backed ETF. I try not to question other's political or religious beliefs or as it pertains to this ETF, their conspiracy theories."}
{"_id": "351390", "title": "", "text": "\"&gt; I really like the story behind Groupon because it is a great example of the things we repeat on this subreddit so much. Start local, and make a minimal viable product.  So, where did they steal this from?  Edit: Found it. There's a \"\"Credit\"\" link all the way at the bottom.  https://www.reddit.com/r/Entrepreneur/comments/2clqa3/how_startups_such_as_dropbox_airbnb_groupon_and/?st=j2cd1q2l&amp;sh=0df6a64a\""}
{"_id": "351394", "title": "", "text": "What do you this hypothesis?  The A-hole logic might by the flip side of our leadership culture. We are constantly being told to work on our leadership skills. But how many of us ever work on our followership skills. Not many--the very name triggers spellcheck. The reality is that most of us can't afford to be autonomous and independent and the A-holes are successful because they do the job for us, albeit unpleasantly."}
{"_id": "351396", "title": "", "text": "Can you afford to lose the $2200? If not, the answer is don't buy the stock. No one can tell you if a stock will continue to go up. But the general rule is that the more hype there is on a stock, the more likely it is that it's reached a top and is due for a downward correction soon. Also note that the more expectation there is for a company, the more negatively the market will react if the company's earnings report comes in even slightly below expectation, or if the company hints at a slowdown in the future. If that buyback doesn't happen you mentioned, expect the stock to drop a lot. Only a really positive surprise news announcement will make it continue to rise on earnings day. If you really want to buy this stock, my advice would be to learn about chart patterns and other basic technical analysis to have at least some idea of whether the stock is due for a correction soon. (If you see it grow in a hockey-stick shape upward, it probably is.)"}
{"_id": "351403", "title": "", "text": "You can use the ideas, just not the delivery method. Some patients, especially for original inventions, come with a exclusivity time limit.  People like to see and experience the familiar, which is why Shakespeare's stories are being retold in both their original and modern forms. I mean, do we need yet another set of Batman movies?"}
{"_id": "351405", "title": "", "text": "\"Online courses in one resource, although I've always found reading targeted books to be far more effective when it comes to business.  My best advice on starting companies is learn how to think like those who have started the craziest/biggest/best companies. I've always gotten far more out of reading Steve Jobs' biography, Sam Walton's autobiography, John Rockefeller's biography \"\"Titan\"\", Warren Buffett's biography \"\"Snowball\"\", Howard Schulz's books on starbucks, etc. than just about any business course I've taken. These also far surpass your 'start a business with these steps' books. Although you do need to read some of those too.  I'd encourage picking out a few business heroes and learning from them. Elon Musk is mine today. Check out his life story.  For more targeted skills, such as learning accounting or management skills, amazon is pretty easy to navigate.  **tl;dr: Learn to think like the greats before learning the skills you need**\""}
{"_id": "351414", "title": "", "text": "I think it's interesting that the other answers here all focus on the possibility of a software glitch or other unintentional error in the ATM behaviour.  Personally, I keep ATM receipts so that if I spot a withdrawal I don't recognise, it sways it in favour of being fraud (as opposed to memory failure) if I also don't have a receipt for it.  I also always withdraw the same amount and it is not one of the default amounts presented on the screen. Again, just a way to make any fraudulent transaction stand out on my statement."}
{"_id": "351430", "title": "", "text": "Source:  20 years self-employed, 35 employees.  A good lawyer is CHEAP.  They will write the appropriate letters, which don't cost much, but they have teeth behind them if the client still refuses to pay.  People snap to attention when a lawyer gets involved.  Stay away from collection agencies.  Dealing with the lawyer is quick, cheap, and efficient."}
{"_id": "351439", "title": "", "text": "We have been narrowing every possible and best way to increase your raking on search engine. So, increase your online exposure and provide new avenue to reach potential clients by just doing listing on our yellow pages in India. This business listing can be also referred to as local SEO citations and is one of the most important local search ranking factors for major search engine. So, enjoy higher raking with getting listed on our page, check as we maintain and update the list time to time."}
{"_id": "351446", "title": "", "text": "4000 miles a year is not a few! European average is about 9000... But nevertheless... But when it comes to risk, then: 1) Nothing stops you from changing circumstances and drive 10 times as much as in previous yers. The insurance remains the same. The only thing the insurance company can do is to charge you more next year (taking the miles you've made this year as a basis for calculations)* 2) Drivers who drive very seldom are a huge risk because of their low experience. I know a few people that drive more than 100 miles only a few times a year, and on average once a year have accident during that drives. It doesn't mean that an average sunday driver have similar risk of accident as daily driver, but it's in no way similar.  *) Germany/Switzerland based, the whole EU is likely to be the same"}
{"_id": "351450", "title": "", "text": "\"There's something wrong with your story. The IBAN contiains two check digits, and the method used to compute them guarantees that any single digit error will be caught. So it's impossible that \"\"HSBC screwed up the last digit of my IBAN\"\" because if that were the case, the resulting IBAN would not be valid and be rejected by the computer when it was entered at your bank.\""}
{"_id": "351451", "title": "", "text": "Downvotes are actually funny in this case because I am not even an American. Just goes to show you how hard liberals try to attack anything that is not anti-Trump. This attidude will surely help them in other elections. Smh"}
{"_id": "351497", "title": "", "text": "see http://www.moneysavingexpert.com/travel/cheap-travel-money if you are in the UK wishing to go on holiday outside of the uk"}
{"_id": "351500", "title": "", "text": "Normally not a fan of VIX options unless it's very short term in near term expirations for a quick trade, but this was an interesting approach... and as someone who loves shorting VIX, I think it has gotten way too low here, and the opportunity to play the other side is near."}
{"_id": "351502", "title": "", "text": "You have asked this question but provide very little information. As others have stated, what country are you in? Was there a will or any other agreement?  Basically any estate will go to the beneficiaries once all debtors have been paid off. How this is done will largely depend on which country/state/region you are in and what documentation was in place at the time of death. You might want to check out this website for details on passing away without a will: http://www.nolo.com/legal-encyclopedia/how-estate-settled-if-theres-32442.html"}
{"_id": "351504", "title": "", "text": "&gt; You use Amazon if you use the internet. Amazon AWS controls 50% of the cloud provider market, which provides the back end and holds data for many websites, apps, and services. There's simply no avoiding feeding Amazon since they control the backend  According to your own post, they control only half the backend, which means the other half is controlled by their competitors.  In retail, Amazon controls ~4% of all retail sales in the US, and 40-50% of online sales, which does not look like a monopoly to me.  Yes, they are currently standing out and many investors expect more growth in the future, but this will only be true if they can stay competitive in price/quality/service/etc...  In every area they do business they have well-funded competitors which could start snatching up customers if they slip.  Even AWS, it's not that hard to move to Microsoft's, or some other company's cloud platform if Amazon's rates get too high.  The same is true for Google and Facebook, there's no service they provide that doesn't have well-funded competitors.  Just because they currently lead the market doesn't mean they're a monopoly."}
{"_id": "351509", "title": "", "text": "\"anything whole life has a value (sometimes known as \"\"cash value\"\"), which is the value you get if you surrender the policy to the insurance company (ie. cancel the policy).  I'm not sure i'd sell another person/company a life insurance policy on myself though.  Kinda creates a bad incentive problem.\""}
{"_id": "351518", "title": "", "text": "Bid and ask prices of stocks change not just daily, but continuously.  They are, as the names suggest, what price people are asking for to be willing to sell their stock, and how much people are bidding to be willing to buy it at that moment. Your equation is accurate in theory, but doesn't actually apply.  The bid and ask prices are indicators of the value of the stock, but the only think you care about as a trader are what you actually pay and sell it for.  So regardless of the bid/ask the equation is: Since you cannot buy an index directly (index, like indicator) it doesn't make sense to discuss how much people are bidding or asking for it.  Like JoeTaxpayer said, you can buy (and therefore bid/ask) for ETFs and funds that attempt to track the value of the S&P 500."}
{"_id": "351521", "title": "", "text": "I am not sure where your numbers are coming from but I don't want you to be wrong. I am only giving like as I said previous my (non pro) advice. People are coming at me like i am Warren Buffet. I know what I have done and what I believe. Obviously all my eggs are not in one basket no one ( at least I hope) is that dumb. I strongly believe that Snap Chat and Walmart are a very strong buy for long term. I also think GoPro is a very good company to earn short-middle term income on. The fact you have made 30% returns is fucking awesome and congrats you obviously doing something right. I do although feel Snap is heavily underestimated for what they are doing and what they want to do. I am will admit i am a bit out of the box on all of it but I am willing to take that risk  with the amount of money I am willing to dump into to do so. I hope you keep rocking the returns you are! Make your money my friend!"}
{"_id": "351541", "title": "", "text": "Further it is known, that the top performers are often not good team players. For many jobs they are simply to ambitious to create a stable work environment with their colleagues, if those are as well very ambitious. For a good team you have one top performer who is supported by more rather average team members."}
{"_id": "351551", "title": "", "text": "\"What you linked to: *\"\"Gang violence makes up a relatively small portion of of gun violence\"\"*  So I linked to a bureau showing that's an outright lie, but you're routinely caught  doing that, hence you mostly limiting your propaganda to the 200 subsites you can ban dissenters from. This ain't one of them, propagandist.\""}
{"_id": "351570", "title": "", "text": "number of shares is finite Yes it is I would assume that the repurchase numbers exceed the numbers of created shares Number of shares repurchased by company would never exceed in theory the total number of shares. It can become Zero, however its unlikely as it would run on its own and its not possible. In practise company generally repurchase a small percentage say 5% - 10% of the outstanding shares. The number of shares additional created is irrelevant. Its the total shares that is relevant. Edit: A company starts with say 100 shares, over the period it creates new shares [via various mechanisms, Rights issue, split, Additional shares, etc] say to the extent of 50. So now the company has total shares of 150. This lets say is held by 15 entities. The company can buy back say 15 shares in a year, and keep doing this, next year another 10 etc. However a company if it purchased all 150 of its own shares is unlikely as the Majority shareholders will not like this to happen and loose control. There are 2 different things, buying out of minority shareholders, typically different percentage of the shares are held by non-promoters and available for trade can range from 10% to 70% ... there are also listing norms. Quite a few stock-exchange need atleast 10% shares to be available for trade [held by non-promotors]. In case a company has a small number of shares held by non-promoters, it can buy back the shares and delist the company from the exchange."}
{"_id": "351579", "title": "", "text": "Whether your project is big (like your whole home), or small (a room in your home), we have the best options available for all of the work that you\u2019re doing. Our painting contractors are some of the best in Vancouver, and we want to show you why we\u2019ve gotten that reputation! http://barwickpainting.com/residential/"}
{"_id": "351584", "title": "", "text": "Generally, the paperwork realtors use is pre-written and pre-approved by the relevant State and real-estate organizations. The offers, contracts, etc etc a pretty straightforward and standard. You can ask a realtor for a small fee to arrange the documents for you (smaller than the usual 5% sellers' fee they charge, I would say 0.5% or a couple of hundreds of dollars flat fee would be enough for the work). You can try and get these forms yourself, sometimes you can buy them in the neighborhood Staples, or from various law firms and legal plans that sell standard docs. You can get a lawyer to go over it with you for almost nothing: I used the LegalZoom plan for documentation review, and it cost me $30 (business plan, individual is cheaper) to go over several purchase contracts ($30 is a monthly subscription, but you don't have to pay it for more than one month). But these are standard, so you do it once and you know how to read them all. If you have a legal plan from work, this may cover document review and preparation. Preparing a contract that is not a standard template can otherwise cost you hundreds of dollars. Title company will not do any paperwork for you except for the deed itself. They can arrange the deed and the recording, escrow and title insurance, but they will not write a contract for the parties to use. You have to come with the contract already in place, and with escrow instructions already agreed upon. Some jurisdictions require using a lawyer in a real-estate transaction. If you're in a jurisdiction (usually on a county level) that requires the transaction to go through a lawyer - then the costs will be higher."}
{"_id": "351615", "title": "", "text": "Keep a diary, before buying write down why are you buying the stock, how long do you plan to keep it. Put down reasons when you would sell it. For example you buy a stock because it has lot of cash reserve, it is a focused company, good management. You would sell when management leaves or it starts to use its cash for  acquisition that are not fitting in profile."}
{"_id": "351622", "title": "", "text": "Wooden Vegetable Trugs  &amp; Vegtrug Wall Hugger are supplied with a pre-formed careful liner, but if for any reason yours requires substitution should it be damaged in any way, you can purchase the correct size for your planter here. Vegtrug Wall Hugger Small is made from strong black polyethylene fabric which forms a sheet. They also protect the wooden frames from the sticky compost."}
{"_id": "351644", "title": "", "text": "The one starting for our team is an incoming senior with no internships or finance experience with the exception of their major. They are going to a small school which is one step up from a for profit university. The best job he had was working for a family flower business as a cashier.  That's not to speak badly about him - he may very well be the best intern we've ever had. I think it mainly speaks to the ineptitude within our HR department who delayed recruiting so long most good candidates already had secured their internship."}
{"_id": "351658", "title": "", "text": "Yes, it is normal. I'm single & pay 32% in North Carolina. Single men & married people ask me all the time why it's so high and it gets frustrating having to explain to average people. I assume it's because I have no kids, live alone, don't own a house, am not in school, am not self employed etc. I've been at this job for 10 years and it's been over 30% since I can remember."}
{"_id": "351664", "title": "", "text": "\"Credit card interest rates are obscene. Try to find some other kind of loan for the furnishings; if you put things on the card, try to pay them off as quickly as possible. I should say that for most people I do recommend having a credit card. Hotels, car rental agencies, and a fair number of other businesses expect to be able to guarantee your reservation by taking the card info and it is much harder to do business with them without one. It gives you a short-term emergency fund you can tap (and then immediately pay back, or as close to immediately as possible). Credit cards are one of the safer ways to pay via internet, since they have guarantees that limit your liability if they are misused, and the bank can help you \"\"charge back\"\" to a vendor who doesn't deliver as promised. And if you have the self-discipline to pay the balance due in full every month, they can be a convenient alternative to carrying a checkbook or excessive amounts of cash. But there are definitely people who haven't learned how to use this particular tool without hurting themselves. Remember that it needs to be handled with respect and appropriate caution.\""}
{"_id": "351672", "title": "", "text": "\"This depends on your definitions of assets and liabilities. The word \"\"asset\"\" has a fairly straight forward definition.  Generally speaking, an asset in finance is something that you own/control that has economic value.  The asset has value because it is generating income for you or because you expect that it will be worth something to someone in the future. \"\"Liability\"\" is tougher to define, and depends on context.  In accounting, a liability is a debt or obligation that is owed.  It is essentially the opposite of an asset; where an asset represents something of value that you own, increasing your balance sheet, a liability is a value that you owe, decreasing your balance sheet. In that sense, a website or domain name that you own is an asset, not a liability, because it is something you own that has some value.  It is not a debt. Many people use the word \"\"liability\"\" informally to refer to a bad asset: something that is losing value or is causing more in expenses than it is generating in income.  (See definition #5 on Wiktionary.)  With this definition, you might consider a website or a domain name a liability if it is losing money. Alternatively, depending on your business, you might not consider it an asset or a liability, but an expense instead.  An expense is a cost of doing business.  For example, if your business is selling something, you might need a website to make that happen.  The website isn't purchased as an investment, and it might not have any value apart from your business.  It is simply a necessary expense for your business.\""}
{"_id": "351679", "title": "", "text": "This is slightly opinion based. On simple math;   If R+E-I is a large positive number, the cost is high and the sooner you replace the better. If the it is large negative number; wait for appliance to break down. If it is small positive or negative number it doesn't matter much.  Other Factors:"}
{"_id": "351684", "title": "", "text": "Same here.   If an advertiser ruins whatever I'm watching, fuck em. I ain't buying that shit.  It's just boring. The same shit, on repeat, over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over over and over and over and over and over and over and over and over...  Fuck.  Edit, I got excited hitting paste there. Was a bit obnoxious. Fuckin ads get me worked up."}
{"_id": "351695", "title": "", "text": "Amazon are supply chain freakbeasts. As someone that interacts with the supply chain groups at my company on a regular basis, it is fascinating seeing how many trips a year they schedule to Amazon distribution facilities and other SC infrastructure to see the latest and greatest in the field."}
{"_id": "351698", "title": "", "text": "With the $2000 downpayment and interest rate of 11.5% nominal compounded monthly the monthly payments would be $970.49 As you state, that is a monthly rate of 0.9583% Edit With the new information, taking the standard loan equation where Let Now setting s = 98000, with d = 990.291 solve for r"}
{"_id": "351724", "title": "", "text": "Takeoffs are never done automatically and autolands are only performed in CATIII weather conditions by pilots who have special training to perform them, and even then, only at airports with the correct equipment installed, and only with airlines which permit them.  But yeah, the cruise is spent on autopilot.  /melvin"}
{"_id": "351725", "title": "", "text": "Sounds more of a question for the fine people at StyleForum.net but i would suggest to start looking carefully at the quality of the fabrics: once you start studying the subject you will quickly recognize a solid shirt from a cheap one. That'll help you save money in the long term. Also keeping it simple (by choosing classic color tones and patterns) will make your wardrobe more resistant to the fashion du jour."}
{"_id": "351730", "title": "", "text": "\"I feel like you could talk this one down diplomatically, but only if you find a way to not be dismissive of the female employee. This will be difficult since your tone makes it sound like you don't seem to believe women when they tell you it's not always fair to be female in the tech industry.   For instance, most women would never want to be hired for a quota or because they are attractive . That belief also undercuts women when they do get hired because they are good at their jobs. The pay gap is complicated and in part do to care giver responsibilities but that doesn't make anyone feel less salty.   Anyways I suspect that if you told this female employee, \"\"X had their opinion but we as a company hear your point of view in this.\"\" And affirm her experience, the issue will be withdrawn. She is afraid she is in a chauvinist culture and lashing out.   I do agree that calling a disagreement sexual harassment trivializes the issue, and this personally irritates me. But you're going to get a lot of salty women if the culture of your company is to tell them you don't believe their experiences. As for firing, don't even think about it. It only ends in shelling out a lot of money to her or lawyers.\""}
{"_id": "351767", "title": "", "text": "I mean lower taxes increase profit %'s right?  And if you are a stakeholder in a company and that company becomes more valuable does it not increase the value of your stake in it as well?  It may not equate to an increased *wage* - but I still fail to see how at the *very least* value wouldn't be increased."}
{"_id": "351776", "title": "", "text": "He said he's using MSCI World as a benchmark. MSCI World is not an exchange. The point is the same security listed in different places has different prices, so how do you describe the equity beta of the company to MSCI World if you have multiple and different return streams? This is a real problem to consider and you just dismiss it entirely."}
{"_id": "351784", "title": "", "text": "I think they're stuck too much into a corporate mindset and focus too hard on the enterprise. They really need to think about things at more grass roots levels.  Microsoft is a confusing company though. They've done so well with the XBOX and the way they marketing that was great; i dont understand why they cant do that with their other products."}
{"_id": "351805", "title": "", "text": "\"They acquired the debt from the VZ Central Bank. Providing the Central Bank with dollars will help them control inflation. The argument against the deal is colossally stupid, and basically rests on the idea that the world community just needs to let VZ get as shitty and miserable as possible so the people will overthrow the government. Anything that eases the pain, like injecting US Dollars into the central bank, is therefore seen as \"\"propping up the government\"\"\""}
{"_id": "351807", "title": "", "text": "Even without analyzing the math or doing a complete risk assesment, consider the following:"}
{"_id": "351810", "title": "", "text": "Based on your description of what you were given, then you should not need to contact DMV/DOT However if you are not comfortable with that answer then contact/visit the dealer, you can ask them how long it normally takes, and do you pick up the real plates at the dealer, DMV, or will they be mailed to you. Also call them if the temporary plates will run out in a few days, to make sure everything is good to go. One other note. If the dealer is in one state, and you live in another they can give you temporary plate for their state but may not be able to file for the real plates in your state. Once everything is finalized go online to DMV and make sure that the car registration is OK. A few years ago the dealer gave me real plates, they gave me a registration good for two years. But the info sent to DMV was corrupted: the VIN was in the system, but the description was wrong and the plates were listed as none. This was only noticed when I tried to re-register the car two years later. In fact according to DMV the plates on the car were listed as never issued. If I had ever been pulled over it would have taken hours to resolve."}
{"_id": "351820", "title": "", "text": "I'm a programmer, and worked for a company doing natural language analysis and parsing.  Yes, it is possible to figure out what reviews are more valuable than others by passsing it through an algorithm.  How the heck do you think spam filters work?"}
{"_id": "351833", "title": "", "text": "\"I strongly suggest you read up the Option Greeks. You can be right about a stocks price movement and still not make money b/c other factors come into play from time or volatility. For a \"\"free\"\" option hedge you can look at collars. Buying puts and selling calls to offset the debit you pay for the transaction. Ex: AAPL is 115, You buy the 110 puts and sell the 120 calls. This gives you a collar around he current price. Your hedged below 110 and can still participate in upside move to 120. Also look into time value. Time decays exponentially in the last 30 days. If you are long this hurts you, if you are short(selling) this is good. Be sure to take this into account. Delta: relation of the option to the underlying stock move on a .01-1 scale, .50 is \"\"normal.\"\" Deep in the money options have higher deltas. It is possible other factors can offset this delta move. This is why people will lose money on earnings plays even though they are right.  EX: Say you buy an AAPL call at 120, earnings comes out and the stock goes to 121. Even though you are \"\"in the money\"\" your contract may still have less value than what you paid because of VOLATILITY collapse. The market place knows earnings move a stock and that is factored into the price of the options expected volatility. As mentioned watch out for dividend dates. Always be aware of dividend dates and earnings dates and if your contract is going to cover one of these events. Interest rates have an effect as well but since the Fed has near 0 rates there is little impact at the present. Though this could certainly change if the fed starts raising rates. Research the Black Scholes Pricing model. Whenever you trade always think about what the other guys is thinking. Sometimes we forget their is someone else on the other side of my trade that thinks essentially the exact opposite of me. Its a zero sum game. As far as choosing strikes you can look at calculating the At THe money straddle to see if the options are \"\"cheap\"\" [stock Price * Implied Volatility (for 30, 60, 90 days Depending on your holding period)* Sq root of days to expiration] / 19 (which is sq root of days/yr) Add and subtract this number to the current stock price to give you an approximate 1 standard deviation of expected price movement. Keeping with our example. AAPL at 115, lets say your formula spits out a 6; therefore price range is expected to be 109 to 121 for the time period. Helpful for selling options, I would sell the 122  call or the 108 puts. Hope this helps. Start small and get a feel for things.\""}
{"_id": "351836", "title": "", "text": "\"Regardless of if the 'higher profits' are create from higher volumes and more workers, the key word there is PROFITS - not 'revenue', not 'income' or any similar word. PROFITS - a word used to describe the amount left AFTER paying expenses - such as the salaries of those additional workers (if any).  The point is, the worker deserve a share of those profits. It is their work that has made them - in addition to the work of the CEO, of course, but still...the CEO could not have created 'better margins' or done 'better deployment of capital' if it were not for the efforts of those workers in the first place.  This is the main problem with the economy right now. No one feels the responsibility to those who have helped them succeed. They keep using a 'slash and burn' financial strategy - slash salaries and benefits and burn up your labor force to extract every dollar you can for the top. The only problem is, now they're running out of things to slash and the workers they've burned have nothing left. And they wonder why the economy is in the crapper.  I keep being reminded of a quote from Ladyhawke as said by the evil bishop:   \"\"I raise their taxes, only to be told there's nothing left for me to tax. Imagine.\"\"\""}
{"_id": "351840", "title": "", "text": "Don't know about other places, but in Seattle the *average* cost of a house (a regular house, not a mansion) if you're lucky enough to find one that isn't being bid on by a dozen other people, is around 700k right now."}
{"_id": "351853", "title": "", "text": "Yep, the wonderful thing about finance is the more you learn the more you start understanding the world around you.    I think your question is more related to economics (deficits, surpluses and budgets) however countries can (and do) reissue new bonds to help pay off the old ones.   Also keep in mind if a country has say $10trillion in debt, it isn't all due at once so maybe only $10 billion might be due per year"}
{"_id": "351867", "title": "", "text": "\"One thing to consider is that road wear is largely proportional to vehicle weight to the 4 power. \"\"Generalized Fourth Power Law\"\". This leads to a result that an 18 wheeler is roughly the equivalent of 9600 cars.  One consequence is that we can tax shipping weight, assuming some of it will go over road. Another option would be vehicle registration fees that are proportional to the weight of the vehicle. Yet another would be a tax on automotive battery packs (comparable to the lifetime energy output if it were gas).  Keep in mind that most local road construction is funded by property taxes, not gasoline. Next time you see a cyclist, thank them for paying for the road and doing several hundred times less damage to it than your car. :)\""}
{"_id": "351885", "title": "", "text": "a) I've got a million miles on American Airlines and TSA has been barely a bother.   b) I encourage you to stay away, and encourage your friends to do the same. Economics are the *only* thing will get this fixed."}
{"_id": "351896", "title": "", "text": "The tax consequence is that if you wait until January of 2011 to invest, you won't have the option to sell as a long-term capital gain in 2011.  However, this is not a huge point in practice: If your income this year was very low, but will go up in 2011, you might want to convert some or all of it into a roth ira this year.  This would let you pay the tax on it at your low tax rate for this year, rather than at the likely higher rate when you retire.   An investment consequence is the fact that your money is sitting there, earning a lower expected rate of return than it could be. Not knowing your situation, I can't say how aggressive your holdings will be.  Taking a fairly aggressive portfolio, 9% expected yearly return, and not investing for a month, you lose about .75% on average.  Not huge, but something to consider. Remember that any decision you make here isn't permanent.  If your previous allocation in the 401(k) was 100% in stock funds, you could put it in something like VTI, Vanguard's total US stock market ETF."}
{"_id": "351903", "title": "", "text": "Well.. they probably do, but their existing shipping infrastructure means they can restock very very quickly or just have a copy sent directly to you. Amazon also has access to enough data that they can probably predict demand pretty easily.  Also, as the article discusses, these stores aren't overrun with customers, so its probably no much of an issue anyway."}
{"_id": "351907", "title": "", "text": "Don't do debt.  After a few years (I forget how many) the bad history will have rolled off, but by then you will probably have no desire to go back into debt again. If you do want to build up a credit score, then at that point it's essentially the same as starting from scratch.  However, from personal experience, once you've lived debt free for a few years you never want to get back on the debt wheel again. A credit score is the output of a behavioral model that indicates the chances that a bank will earn money from your business. Do things that earn the banks money and you will have a high credit score."}
{"_id": "351908", "title": "", "text": "Been following ZH (less these days) for about a decade now, and rarely do they have good stuff with even that 10% being too gracious. I would peg it at about .5-1%. The USA should have collapsed oh about 30 times now, with gold being the world currency and all our ID's being imprinted on our arms, but hey maybe this time is the charm with Trump."}
{"_id": "351925", "title": "", "text": "\"1 - in most cases, the difference between filing joint or married filing single is close to zero. When there is a difference you're better off filing joint.  2 - The way the W4 works is based on how many allowances you claim. Unfortunately, even in the day of computers, it does not allow for a simple \"\"well my deduction are $xxx, don't tax that money.\"\" Each allowance is equal to one exemption, same as you get for being you, same as the wife gets, same as each kid. 3 people X $3800 = $11,400 you are telling the employer to take off the top before calculating your tax. She does this by using Circular E and is able to calculate your tax as you request. If one is in the 15% bracket, one more exemption changes the tax withheld by $570. So if you were going to owe $400 in April, one few exemption will have you overpay $170. i.e. in this 15% bracket, each exemption changes annual withholding by that $570.  For most people, running the W4 numbers will get them very close, and only if they are getting back or owing over $500, will they even think of adjusting.  3 - My recently published Last Minute Tax Moves offers a number of interesting ideas to address this. The concept of grouping deductions in odd years is worth noting.  4 - I'm not sure what this means, 2 accounts each worth $5000 should grow at the same rate if invested the same. The time it makes sense to load one person's account first is if they have better matching. You say you are not sure what percent your wife's company matches. You need to change this. For both of your retirement plans you need to know every detail, exact way to maximize matching, expense ratios for the investments you choose, any other fees, etc. Knowledge is power, and all that. In What is an appropriate level of 401k fees or expenses in a typical plan? I go on to preach about how fees can wipe out any tax benefit over time. For any new investor, my first warning is always to understand what you are getting into. If you can't explain it to a friend, you shouldn't be in it.  Edit - you first need to understand what choices are within the accounts. The 4% and 6% are in hindsight, right? These are not fixed returns. You should look at the choices and more heavily fund the account with the better selection. Deposit to her account at least to grab the match.  As far as the longer term goals, see how the house purchase goes. Life has a way of sending you two kids and forcing you to tighten the budget. You may have other ideas in three years. (I have no P2P lending experience, by the way.)  Last - many advise that separate finances are a bad path for a couple. It depends. Jane and I have separate check books, and every paycheck just keep enough to write small checks without worry, most of the money goes to the house account. Whatever works for you is what you should do. We've been happily married for most of the 17 years we've been married.\""}
{"_id": "351926", "title": "", "text": "Keep in mind your household income is in the top 20%, which does not translate to wealth. Given a healthy income, and no debt, other then a small house payment, you probably have a decent amount of free cash flow.  This could easily be used to buy a car on time\u2026 which a lot of people do.  Congratulations on being different.   Having said that, living as you do, you will likely be wealthier than your income suggests. If you invested the amount you saved on car payments for an average car you can become a muli-millionaire. Doing that alone can put you in the top 10% of the wealthiest in this nation. Keep in mind 76% of Americans live paycheck-to-paycheck, so there is a sizable portion of the population that make more than you do, yet one costly emergency can cause them to spiral into significant financial difficulty. News flash: Emergencies happen. If I am not being clear, you are living wisely! I would recommend reading The Millionaire Next Door and The Millionaire Mind. You will understand that not following the whims of advertisers is good for your bottom line and that it is good to be different from the general population. One of my favorite stories from the author is these yuppies hires the author to find them rich people to sell their products. The author gets the rich people by offering them cash, albeit a relatively small amount considering their wealth (about $200) and lunch. The yuppies complain that the guys don\u2019t \u201clook rich\u201d as there are no fancy suits or Rolex watches. One of the rich guys likes the pitch so much in inquires on how he can buy the company. There are a lot of lessons in that short anecdote."}
{"_id": "351942", "title": "", "text": "Interesting. Very unfortunate though. I guess that means you have to work your way up through the industry to start your own firm before even getting to do the cool stuff.   It makes sense, of course. Heck, I've always thought if I had lots of money that's pretty much what I would do. I'm not surprised that it's already a thing people with lots of money do. Even though it makes getting into the industry much less appealing."}
{"_id": "351954", "title": "", "text": "\"With permanent contract in Germany you shouldn't have any problem getting a loan. It's even more important than how much do you earn. Generally, you should ask for a house mortgage (Baufinanzierungsdarlehen) with annuity as a type of credit to save on interest. Besides, you usually get a better conditions with a saving bank (Sparkasse) or a popular bank (Volksbank) situated in the area where your house is situated. You also shouldn't combine your credit with extra products (the simpler is the product, the better is for you), maybe I'll write later an extra piece on the common pitfalls in this regard. Probably, you could find a bank that would give you such a loan, but it would be very expensive. You should save at least 40%, because then the bank can refinance your loan cheaply and in return offer you a low interest. Taxes depend heavily on the place where you buy a house. When you buy it, you pay a tax between 3.5% and 6% (look up here). Then you pay a property tax (Grundsteuer), it depends on community how much do you pay, the leverage is called Hebesatz (here's example). Notary would cost ca. 1.5% of the house price. All and all, you should calculate with 10% A country-independent advice: if you want to save on interest in the long run, you should take an annuity loan with the shortest maturity. Pay attention to effective interest rate. Now to Germany specifics. Don't forget to ask about \"\"Sondertilgung\"\" (extra amortization) - an option to amortize additionaly. Usually, banks offer 5% Sondertilgung p.a. The interest-rate is usually fixed for 8 years (however, ask about it), this period is called Zinsbindung. It sound ridiculous, but in southern lands (Bayern, Baden-W\u00fcrttemberg) you usually get better conditions as in Berlin or Bremen. The gap could be as big as 0.5% p.a. of effective interest rate! In Germany they often use so-called \"\"anf\u00e4ngliche Tilgung\"\" (initial rate of amortizazion) as a parameter.\""}
{"_id": "351959", "title": "", "text": "That mostly just means inequality is increasing though it's still better than not having a job. The most pertinent thing to notice is that the rich are creating a society which serves them without thinking about the consequences of undervaluing other peoples' potential. The economic inertia is not going towards increasing everyone's full potential as much as it goes towards increasing the luxury of the few."}
{"_id": "351976", "title": "", "text": "We have a very mixed economy.  If takeovers were all a case of a more competent organization taking over a less competent organizations then there would be no need for vetting.  But that is not the case.  We have companies that are monopolies thanks to their relationship with governments.  They are not more efficient, better run, more visionary, or more capable.  Indeed, they are often dependent on a single monopoly, in a single market.  Everything else they touch turns to crap.  They acquire other companies trying to stave off their own collapse.  Do you want to invite companies like that come into your market and link important companies, in vital markets to that house of cards?"}
{"_id": "351980", "title": "", "text": "And a lot of people just don't read. It always throws me for a loop to visit someone's home to see not a single book in the place. But it happens all the time. And that is not a sign of someone who likes to borrow from the library or reads on a tablet. That is someone who just doesn't read."}
{"_id": "351993", "title": "", "text": "Businessweek is a magazine. The Atlantic is a magazine. They publish articles, while Vice is an investigative news outlet. So, you're comparing apples to oranges, even if you don't understand that they're not equivalent organizations.  You don't even seem understand how Vice's business works. They're not focused on ad revenue through clickbait. They're focused on content creation for lucrative media deals, which has accelerated Vice's value far faster than the other outlets you mentioned.  Everything you are saying is light on analytical reason, but very heavy on definitive provocative statements. Essentially, you are replying with very low quality posting. So, I'm probably going to stop engaging you; because whether you're a troll or just heavily breathing from the mouth, I suspect that further attempts at reasonable dialogue with you is a waste of my time. Toodles."}
{"_id": "352013", "title": "", "text": "It helps to put the numbers in terms of an asset. Say a bottle of wine costs 10 dollars, but the price rises to 20 dollars a year later. The price has risen 100%, and your dollars have lost value. Whereas your ten used to be worth 100% of the price of bottle of wine, they now are worth 50% of the risen price of a bottle of wine so they've lost around 50% of their value. Divide the old price by the new inflated price to measure proportionally how much the old price is of the new price. 10 divided by 20 is 1/2 or .50 or 50%. You can then subtract the old price from the new in proportional terms to find how much value you've lost. 1 minus 1/2 or 1.00 minus .50 or 100% minus 50%."}
{"_id": "352015", "title": "", "text": "Emerald Floors Premier, low-rise premium homes featuring the highest design standards and quality amenities at attractive price points. Walk into your home and experience a feeling of luxury, quality and workmanship. Part of a larger master planned community of Emerald Hills, the Emerald Floors Premier is located in a thriving neighbourhood with schools and hospital nearby. It is strategically located in the emerging Suburban Business District on the Golf Course Extension Road, close to the proposed Metro corridor with easy access from Express Highway to the city. The Delhi International Airport is also just a 20 minute drive away."}
{"_id": "352027", "title": "", "text": "If the car loan has 0% interest for 5 years, then paying off the student loan is cheaper. No matter when you pay off the car, you will pay the exact same amount (as long as its within 5 years). You could spend $20,000 right now to pay off the car loan or slowly spend $20,000 over the next 5 years. The gross amount paid for the car loan does not change. On the contrary, the longer you wait to pay off the student loans, the more you will end up paying for them. So why not get the student loans out of the way before they rack up more interest and pay the car loan over time? Update: I forgot to add, as Ben Miller said, congratulations on paying off the $40,000!"}
{"_id": "352036", "title": "", "text": "no, not rampant BofA fraud  Fed pumping hundreds of billions in funny money and government pressure to make bad loans is why we had the bubble  the banks are being extorted by government...because they can (plus it makes Reddit think banks are evil...and not government)"}
{"_id": "352039", "title": "", "text": "He was financially free in the 90s. Made his Cash flow game and first book while in retirement. Before the 90s his business was the surfer wallets in Hawaii. Now, it is true that this information is based off of his word, but since he is being accused of fraud, I think the accusers have the burden of proof."}
{"_id": "352046", "title": "", "text": "\"The blurb from the law site is accurate. I'm not going to say any other info from them is or isn't accurate though as I have not read their site at all. If you check the public resources from Fair Issac directly you will get similar wording to that of the law firm: Presence of adverse public records   (bankruptcy, judgements, suits, liens,   wage attachments, etc.), collection   items, and/or delinquency (past due   items) Once the items are on your report they will weigh the score down (though less over time). Also, paying the accounts off, other than a successful Pay For Delete (PFD), can have a negative impact on your score. By paying the account off you'll trigger a status change that will allow the account record to stick around for up to 7 more years (10 for medical debts). Which is why it is a better idea to let accounts fall off than it is to pay them once they are over a certain age. Be aware that paying off a collection   account on which you previously missed   a payment, will not remove it from   your credit report. Your FICO score   will still consider this information,   because it reflects your past credit   pattern. Source: Fair Issac: Understanding your FICO Score [PDF] Paying an account off and getting it marked \"\"Paid in Full\"\" or \"\"Settled\"\" or anything else really won't help you at all. The adverse account record drags on your score just for being there.\""}
{"_id": "352049", "title": "", "text": "\"Don't care... Uber is cheaper most of the times for me than Cabify, I am not a wealthy man so I can't afford the premium on Cabify just to \"\"support\"\" their better business practice. Cheaper is cheaper. If cabify can be a better buisness AND have better prices. than that is something i am willing to support.\""}
{"_id": "352051", "title": "", "text": "I've read the answers and respect the thought behind them.  I'd like to focus on (a) the magnitude of the emergency, and (b) the saving rate of the people affected. 3-6 months is interesting. It's enough not just to fix the car, repair the A/C, etc, but more than enough to lose one's job and recover. (Let's avoid the debate of how long it take to find a job, no amount of 'emergency savings' can solve that.) If one is spending below their means, any unexpected expense that can paid off within, say 3 months, doesn't really need to tap emergency funds (EF). And, at some level of income and retirement savings, one can more easily run a much lower EF.  My own situation - I had 9mo worth of expenses saved as EF. We were living well beneath our means, and I was looking at the difference between our mortgage (6%+) vs bank interest (near 0%). I used the funds to pay down principal, refinanced to a lower rate, and at the same closing got a HELOC. The psychology of this is tough, it then appears that for simple expenses, I'd be borrowing from my HELOC. On the other hand, the choice was between a known cost, the $5K/year the money was costing by sitting there plus the lower rate by going to a non-jumbo loan at the time, vs the risk of using 3% money from the HELOC. In the end, the HELOC was never tapped for more than a small portion of its line, and I never regretted the decision. Ironically, it's the person who isn't saving much that need the EF most. If you are a saver, you need to judge how long it would take to replace the funds.  I offer the above not as a recommendation, but as devil's advocate to the other excellent advice here. All cash flows are a choice, $100 going here, can't go there. I'd slip in a warning that one should capture matching 401(k) contributions, if offered, before funding the EF. And pay down any high interest debt. After that, the decision of how liquid to be is a personal choice, what worked for my wife and me may not be for everyone."}
{"_id": "352052", "title": "", "text": "There's nothing wrong with your reasoning except that you expect the tax laws to make perfect sense. More often than not they don't. I suggest getting in touch with a professional tax preparer (preferably with a CPA or EA designation), who will be able to understand the issue, including the relevant portions of the French-US tax treaty, and explain it to you. You will probably also need to do some reporting in France, so get a professional advice from a French tax professional as well. So, in my tax return, can I say that I had no US revenue at all during   this whole year? I doubt it."}
{"_id": "352056", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://theconversation.com/how-an-economic-theory-helped-mire-the-united-states-in-vietnam-84403) reduced by 86%. (I'm a bot) ***** &gt; A little-remembered aspect of the debacle is the important role played by a prominent economic historian named Walt Whitman Rostow, whose theories on economic development helped persuade Americans - and two presidents - that the fight in Vietnam was right and that we must prevail.  &gt; In 1960, Rostow, then a professor at MIT, published an influential book called &amp;quot;The Stages of Economic Growth: A Non-Communist Manifesto.&amp;quot; The book describes how an economy transitions through five distinct stages of development, from basic to advanced.  &gt; His &amp;quot;Stages of Economic Growth&amp;quot; is not widely studied in the United States these days, although some of the terms he coined, such as economic takeoff, are still used to refer to the rapid and catalyzing acceleration of economic growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/723eqm/how_an_economic_theory_helped_mire_the_united/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~215557 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **economic**^#1 **Rostow**^#2 **development**^#3 **communism**^#4 **Vietnam**^#5\""}
{"_id": "352060", "title": "", "text": "&gt; But the good news is if they implement their policy unfairly, then they'll get slapped by the invisible hand and go broke  That's completely untrue though.  Companies get away with so many things and they are only given token fines.  Just look at Nestle, BP, Goldman Sachs, HSBC."}
{"_id": "352120", "title": "", "text": "\"In almost all cases, gifts from employers are considered taxable compensation, based on the employer-employee nature of the relationship. Furthermore, cash gifts are always considered to be intended as wages, regardless of how you receive the money. Furthermore, regardless of whether you expect to receive anything in return (such as contractual consideration) or whether the amounts are large enough to be declared as taxable personal gifts, it is likely that the IRS would consider these payments to be \"\"disguised wages\"\", as these payments would fail several tests that the IRS uses to determine whether benefits provided by the employer are non-taxable, including: I'd recommend reviewing IRS publication 535 here, as well as publication 15-B here for more on what constitutes taxable wages & benefits. It seems very unlikely to me that you could make a persuasive legal defense in which you claimed to be working full-time for $60.00 per year and just happened to be receiving large personal gifts of $130,000.00. In my opinion it seems much more likely that these payments would be found to be taxable wages for services rendered.\""}
{"_id": "352130", "title": "", "text": "\"EDIT quid keenly identified the 1:7 reverse split In May 2017.  In a 1:7 reverse split, your shares are worth 7 times as much per share but you have 1/7 the amount of shares.  A share worth $3.78 now was worth (all else being equal) $0.54 a month ago.   So a call with a $2.50 strike a month ago was well out-of-the-money, and would now be the equivalent of a call with a $17.50 strike.  A $17.50 call with a $3.78 underlying (or a $2.50 call with a $0.54 underlying) would reasonably be worth only 5 cents. So I now suspect that the quote is a stale quote that existed pre-split and hasn't been adjusted by the provider. OLD ANSWER I can find no valid reason why those calls would be so cheap.  The stock price has been trending down from its onset in 2000, so either no one expects it to be above $2.50 in a month or it's so illiquid that there's not any real data to evaluate the options.  They did pay some massive (30%) dividends in 2010 and 2012, they've been hemorrhaging cash for the past 4 years at least, and I have found at least on \"\"strong sell\"\" rating, so there's not much to be optimistic about.  NASDAQ does not list any options for the stock, so it must be an OTC trade.   With an ask size of 10 you could buy calls on 1,000 shares for $0.05, so if you can afford to lose $50 and want to take a flyer you can give it a shot, but I suspect it's not a valid quote and is something that's been manufactured by the option broker.\""}
{"_id": "352136", "title": "", "text": "First of all, consult an accountant who is familiar with tax laws and online businesses. While most accountants know tax laws, fewer know how to handle online income like you describe although the number is growing. Right now, since you're a minor, this complicates things a bit. That's why you'll need a tax accountant to come up with the best business structure to use. You'll need to keep your own records to estimate your quarterly taxes. At the amount you're making, you'll want to do this since you'll pay a substantial penalty at the end of the year if you don't. You can use a small business accounting software package for this or just track everything using Excel or the like.  As long as taxes are paid, you won't go to jail. But you need to pay them along with any penalties by April 15, 2013. If you don't do this, then the IRS will want to have a 'discussion' with you."}
{"_id": "352144", "title": "", "text": "That doesn't sound like valid logic. If there were sufficient roi for the automation work, it will happen sooner or later. They would hire more people, full time or consultants, to do it. Wouldn't algorithmic trading be a separate and more specialized skill set than robotic process automation?"}
{"_id": "352154", "title": "", "text": "ETFs baby. Everyone and their mom has their money in the markets/vanguard  Once the markets have an inevitable correction or one of the tech companies have a corporate event that weighs down on the industry:   They're going to start bleeding flows. And that will bring the returns down. Which will lead to more flows. Which will bring the returns down. Etc.. and etc...  Thus cracking the market framework.  Companies are highly leveraged because of the low rate environment so when debt:equity ratios start increasing - personal/institutional buyers start their flight to quality and start pulling out of small, mid caps with leverage.  Small business cracks.  Trump saves the day with corporate taxes!  And we all burn in a North Korean fire"}
{"_id": "352178", "title": "", "text": "\"that would deprive me of the rental income from the property. Yes, but you'd gain by not paying the interest on your other mortgage.  So your net loss (or gain) is the rental income minus the interest you're paying on your home.  From a cash flow perspective, you'd gain the difference between the rental income and your total payment. Any excess proceeds from selling the flat and paying off the mortgage could be saved and use later to buy another rental for \"\"retirement income\"\".  Or just invest in a retirement account and leave it alone.  Selling the flat also gets rid of any extra time spent managing the property. If you keep the flat, you'll need a mortgage of 105K to 150K plus closing costs depending on the cost of the house you buy, so your mortgage payment will increase by 25%-100%. My fist choice would be to sell the flat and buy your new house debt-free (or with a very small mortgage).  You're only making 6% on it, and your mortgage payment is going to be higher since you'll need to borrow about 160k if you want to keep the flat and buy a $450K house, so you're no longer cash-flow neutral. Then start saving like mad for a different rental property, or in non-real estate retirement investments.\""}
{"_id": "352202", "title": "", "text": "\"Relax im not picking on you, I just think its hilarious that people actually think saying \"\"my college's student investment fund valued this stock\"\" holds any legitimacy. Also, if i was back office I wouldnt be an IB analyst would I? So your dig at me doesnt make any sense.\""}
{"_id": "352205", "title": "", "text": "What if Kirtsaeng were only acting as a foreign agent of the purchaser?  Seems like that would be an easy work around.  Instead of selling the book, he could charge a service fee for making the purchase for someone else."}
{"_id": "352237", "title": "", "text": "Not true. Obviously it's the end goal but right now the priority is clearly to grow the user base and make reddit more accessible. Do you think companies like Uber who absolutely haemorrhage money are thinking that profit is their top priority? No, it's about growing the user base. There's arguably more value in that these days for tech companies."}
{"_id": "352266", "title": "", "text": "Canada doesn't tax non-residents on income earned/incurred outside of Canada. So, your sister should start with this page to determine the residency status. If she is indeed determined to be non-resident - she should look here to see her obligations. If all she earns she earns outside of Canada - her obligations will be very little, if at all. This is similar to almost any other country in the world, with the notable exception of the United States of America. US citizens are taxed regardless of their residency status, everywhere in the world on worldwide income (unless tax treaty says otherwise)."}
{"_id": "352271", "title": "", "text": "because the market price for good investment advice isn't that low. investment advice is subject to market pricing just like any other good or service.  if you are good enough at investing that you seek increased volatility opportunities, you will have no trouble finding investors willing to give you a share of the upside without any of the downside risk."}
{"_id": "352291", "title": "", "text": "\"You need to talk to your bank.  If you're unable to contact your bank until Monday, then wait until Monday.  Don't fixate on the idea that the transaction may \"\"hard post\"\" on Monday.  If it happens, it happens, but it's not the end of the world. Even if the transaction posts, it's not the end of the world.  If the retailer is legit, they will refund your money, although it may take some time for things to get sorted out. Even if the transaction posts and the retailer is not legit, it's still not the end of the world.  Your bank may help you in trying to recover the funds.  That's why you need to talk to your bank. As you have realized, blindly calling the number in the email is not a good idea, because if it's fake, you're calling the scammers.  Instead, what you should do is try to contact your bank through known trusted channels.  That is, look on your bank's website.  Do they have a phone number listed for fraud reporting or related inquiries?  Is it the same number you see in the email?  If so, you can call it.  If it is not the same number, but the number on your bank's website is a 24-hour number, you can call them at that number and tell them the situation. Based on what you've described, my own guess would be that the retailer is legit, but that the unusual large transaction was flagged by your bank as potentially fraudulent, which is why you got the email.  The fact that you happened to get the email just after canceling the order could be a coincidence.  This is especially true if all this happened in a short time.  Information about these transactions can't be transmitted and analyzed instantaneously, nor can emails be sent instantaneously; there may have been a delay in sending the email so it only arrived after the cancellation. As far as your worries about how \"\"enfact\"\" got your info, it is likely a fraud-detection service used by your bank.  Doing a bit of googling reveals that it appears to be a legit service, but there have also been instances of phishing attacks using faked \"\"enfact\"\" emails.  However, from what I see, these worked by trying to get you to click on a link, not call a phone number.  Also, if a scammer is able to send you a scam email that includes your actual order details, that's not a phish, it's an outright hack.  In that case the bank and/or retailer (whichever was hacked) would certainly want to know about it and would likely fall all over themselves trying to refund your money to avoid negative PR.\""}
{"_id": "352307", "title": "", "text": "&gt; They deprive the US of valuable income which has been earned through infrastructure, defense, education, etc  It doesn't. The main reason it exists is that the US double dips on taxes. The whole point of these inversions is to deal with how the US treats foreign income. Company still pays US taxes on business done in the US: ie., using US infrastructure. That doesn't change. If the company is head quartered in the US then the US expects the company to also pay taxes on foreign income -- ie., income that can't be referenced back to US infrastructure/education/etc. The company has already paid taxes in the foreign country, but the US feels the need to double dip. This double dipping is very much a US thing. It just makes moral, fiscal, and logical sense for them to do the inversion. The US government should have no rights to overseas money. The reason the move to Canada is simply that Canada, like pretty much all capitalist countries, doesn't tax foreign revenue.   You Americans really really need to look at your tax system. Speaking as a Canadian business owner who deals with US clients, it's just insane. It's easier to deal with the Chinese tax system in my experience."}
{"_id": "352320", "title": "", "text": "&gt; I can't imagine how some students feel when they graduate with nothing.  I don't recommend it. (I graduated during the recession.)  Technically, I was better off than some, because I was working at Walmart part-time during college, and they let me go full-time when I graduated. That kept me somewhat afloat for the year and a half it took to find a better job, though I did have to defer student loans for awhile. (My dad died the summer after I graduated and I was helping with my younger siblings.)"}
{"_id": "352324", "title": "", "text": "\"Um Rich people invested in his company. From the article \"\"60 investors, and in our seed round we had six, so that gives you an idea of how many no\u2019s you had to get to the six yes\u2019s,\u201d he says. For the first million.\""}
{"_id": "352332", "title": "", "text": "As a CFA charter holder, I would wholeheartedly encourage you go through the process.   As someone that interviews potential employees (financial services industry), I would advise you to be prepared to defend your pursuit.   I often come across resumes that state, \u201cCFA Level I candidate,\u201d and when I do, I immediate ask related questions \u2013 and most applicants respond inadequately.   Don\u2019t do it to simply pad your resume; do you it because you are committed to the franchise."}
{"_id": "352339", "title": "", "text": "It's worthwhile to try and find a better minimum down-payment.  When I bought my home, I got an FHA loan, which drastically reduced the minimum down-payment required (I think the minimum is 3% under FHA).  Be aware that any down-payment percentage under 20% means that you'll have to pay for private mortgage insurance (PMI) as part of your monthly mortgage.  Here's a good definition of it. Part of the challenge you're experiencing may be that banks are only now exercising the due diligence with borrowers for mortgages that they should have been all along.  I hope you're successful in finding the right payment.  Getting a mortgage to reduce your spending on housing relative to rent is a wise move.  In addition to fixing your monthly costs at a consistent level (unlike rent, which can rise for reasons you don't control), the mortgage interest deduction makes for a rather helpful tax benefit."}
{"_id": "352346", "title": "", "text": "What are Pivot Points? Pivot Points indicate price levels that are of significance in technical analysis of securities. Pivot Points are used to provide clarity for a trader as they are a predictive indicator of where a security might go. There are at least 6 different types of Pivot Points (Woodie Pivot Point, Fibonacci Pivot, Demark etc..) and they are different based on their formulas but generally serve the same concept. I will be answering your question using the Camarilla Pivot Point formula. Camarilla Pivot Point Formula Generally any Pivot Point formula uses a combination of the Open, High, Low and Close of the previous timeframe. Since you are technically a swing trader indicated by  say between a couple of days to a couple of weeks, as I don't want to   do day trading you should use a weekly 5 to 30 minute chart but you can also use a daily chart as well. So for example if you use a daily chart, you would use the Open, High, Low and Close of the previous day. Example of fictitious stock: MOSEX (Money Stack Exchange) 01/14/16: Open: 10.25, High: 12.55, Low: 9.65, Close: 11.50 On 01/15/16: R4 Level: 13.10, R3 Level: 12.30, R2 Level: 12.03, R1 Level: 11.77, Pivot Point: 11.23, S1 Level: 11.23, S2 Level: 10.97, S3 Level: 10.70, S4 Level: 9.91 R = Resistance, S = Support  How to identify these Pivot Points? Most charting software already have built in overlays that will identify the pivot points for you but you can always find and draw them yourself with an annotation tool. Since we are using the Camarilla Pivot Point formula, the important Pivot Point levels are the R4 which is considered as the Breakout Pivot, the S4 which is considered as the Breakdown Pivot. R3 and S3 are Reversal Pivot Points. Once identify the Pivot Points how should you proceed in a trade? This is the million dollar question and without spoon feeding you requires you to come up with your own strategy. To distinguish yourself from being a novice and pro trader is to have a strategy in a trade. Now I don't really have the time to look for actual charts to provide examples with but generally this is what you should look for to proceed in a trade: Potential Buy/Short Signals: Potential Sell Signals: If a stock moves above the R3 Level but then crosses below it, this would be a sell signal. This is confirmed when their is a lower lower then the candle that first crosses below it. Sell a stock when S4 Level is confirmed. See above for the confirmation. Other Useful Tips: Use the Pivot Point as your support or resistance. The Pivot Point levels can be used for your stop loss. For example, with an S3 reversal buy signal, the S4 should be used as a stop loss. Conversely, the Pivot Point levels can also be used for your target prices. For example, with an S3 reversal buy signal, you should take some profits at R3 level. You should also use a combination of other indicators to give you more information to confirm if a signal is correct. Examples of a good combination is the RSI, MACD and Moving Averages. Read that book in my comment above!!"}
{"_id": "352363", "title": "", "text": "Paying $12,000 in lump sumps annually will mean a difference of about $250 in interest vs. paying $1,000 monthly. If front-load the big payment, that saves ~$250 over paying monthly over the year. If you planned to save that money each month and pay it at the end, then it would cost you ~$250 more in mortgage interest. So that's how much money you would have to make with that saved money to offset the cost. Over the life of the loan the choice between the two equates to less than $5,000. If you pay monthly it's easy to calculate that an extra $1,000/month would reduce the loan to 17 years, 3 months. That would give you a savings of ~$400,000 at the cost of paying $207,000 extra during those 17 years. Many people would suggest that you invest the money instead because the annual growth rates of the stock market are well in excess of your 4.375% mortgage. What you decide is up to you and how conservative your investing strategy is."}
{"_id": "352376", "title": "", "text": "I've had a few buy ins at 2-400, done nothing until it came in the news. I sold a few coins 800 before it hit 1000 the first time, I sold 20 coins at 1600 this last time (and then saw it keep going...) I planed on buying back in after it crashed but it's been holding tight so.  The actual markets seem like insane bubbles with endless new ICOs. I've thus stayed away from them."}
{"_id": "352379", "title": "", "text": "\"&gt;When corporations have as much impact and power over our lives as a government should we really just let them walk over our civil rights?  Maybe we shouldn't have let corporations get that much impact or power in the first place, then. Oh, but that would be anti-free market...  &gt;If I can't get a credit card because of my political ideology how am I supposed to function?   You do realize that there's an entire \"\"unbanked\"\" population that can't credit cards or even bank accounts, yes?  &gt;Governments shouldn't be able to oppress and neither should corporations.  Where did you fall on the whole bakery can't/can refuse to make a gay wedding cake spectrum?\""}
{"_id": "352395", "title": "", "text": "\"&gt;The CTR stuff is unquestionable.  Enough information has been released to demonstrate it as so. &gt; &gt;Regarding the \"\"tow the line\"\" or silence/ban policy in T-D, you're 100% right.    I know, and thats why theyre substantively different from what happens on r/politics. Which was my point. We could be having this discussion in politics, but not t_d.   &gt;My issue is the trend on reddit that anyone who posts anything that isn't 100% vile disdain for Trump must be from /T_D and that the extremists in /T_D are some kind of outlier in how they act - when there are other significantly sized subs that behave in a similar fashion.   Thats not at all the issue you originally brought up where you equated r/politics or r/t_d\""}
{"_id": "352399", "title": "", "text": "\"I'm in this situation right now.  I've increased my annual pay by 20% due to overtime but the extra work is killing me.  I finally went to my boss and said that if they weren't going to hire more people, the least they could do is replace the deadweight employees with ones who are actually capable of doing some work.    We have a lot of \"\"lifers\"\" with my company who were hired 20 years ago to do some simple task that has now been eliminated so they were shuffled into a different position that they just aren't qualified for and none of them are willing to put in the effort to update their skills.  If my coworkers had to interview for the positions they currently hold, about half of them would not be hired.  But since they're already here and the company is scared to fire people for being incompetent, we're stuck with them.\""}
{"_id": "352415", "title": "", "text": "\"Not minutes, but hours.  The \"\"ex-dividend\"\" date is the deadline for acquiring a stock to receive a dividend. If you hold a stock at the beginning of this day, you will receive the dividend. So you could buy a stock right at the end of the day on the day before the ex-dividend date, and sell it the next day (on the ex-dividend date), and you would get your dividend. See this page from the SEC for more information.  The problem with this strategy, however, is that the value of the stock typically drops by the same amount as the dividend on that day. If you take a look at the historical price of the stock you are interested in, you'll see this. Of course, it makes sense why: a seller knows that selling before  the date results in a loss of the dividend, so they want a higher price to compensate. Likewise, a buyer on or after the date knows that the dividend is already gone, so they want to pay a lower price.\""}
{"_id": "352420", "title": "", "text": "If your skills are at the level of a McDonald's cashier than you should be compensated for that. You should NOT be compensated for a lifestyle which you WANT. Having a kids and a wife is a choice, no one is putting a gun to your head. If your skills are at the minimum(which is 2% in the USA) than you should not be supporting a family, it's simple. The kid with a father/mother at that level will have a terrible life, lazy parents who are not willing to work to better themselves."}
{"_id": "352423", "title": "", "text": "\"Ah, so you are using your eminent academically-originated artistic talents to create elegant [\"\"coffee foam art\"\"?](http://www.google.com/search?q=coffee+foam+art)  Well THAT certainly was worth all those years of study, not to mention the student loans.  Unfortunately, I believe your job CAN be automated via [CNC machinery](http://www.thekitchn.com/look-latte-printer-60466), so you better polish up that resume again. (Because YES they are actually selling the machines, and [people/businesses ARE actually buying them.](http://onlatte.com/blog/2008/08/20/selected-works-at-siggraph-2008/))\""}
{"_id": "352428", "title": "", "text": "\"Suggested way to make the decision to repair or buy: Figure out what it will cost to repair your car. (If necessary, pay a garage to evaluate it \"\"as if your daughter was interested in buying it\"\".) Then think about whether you would pay that much to buy a car just like yours but without those problems. If the answer is yes, fixing it us probably your most cost-effective choice, even if it is a big bill. If the answer is no, consider a used car, and again have the mechanic check it for any lurking horrors before committing to buy it. That avoids the \"\"proprty-line tax\"\" where a new car loses a significant percentage of its value the moment it leaves the dealership. An almost-toy car us virtually indistinguishable from a new car, costs much less, and realistically has about the same expected life span. I bought a new car once -- at about $300 over the dealer's real (as opposed to sticker) cost, since I was willing to take the one he was stuck with from the previous model year. (Thank you, Consumer Reports, for providing the dealer's cost info and making this a five-minute transaction.) If it hadn't suffered flood damage I'd probably still be driving it, and even so I sorta regret not pricing what it would have cost go completely replace the engine. If you really plan to drive it until it is completely unrepairable, you may be able to justify a new car... But realistically buying a one- or two-year-old car would have been a better choice.\""}
{"_id": "352429", "title": "", "text": "Whenever you're not sure, you can always contact the regulatory agency in the location of the lender and see if they are registered.  Organizations that lend out money tend to get oversight and have reporting obligations.  Reputable banks in the United States will be a member of the FDIC. However, without even looking anything up, I can already tell this is a scam.  An actual lender would be required to identify who you are beyond a doubt (this is called KYC), and in addition would have to report your loan to some sort of tax authority. That means they must ask you for a tax identifier number of some kind, and would probably want your full date of birth instead of just your age."}
{"_id": "352446", "title": "", "text": "Here's an unconventional approach: If you really need the money you can always call the bank or go to one of their branches and get new login credentials after some kind of formal process like proving that you are in fact the account holder. Since it will be a hassle to get the credentials you will not do it if it's not necessary. In germany the banks all use transaction authentication numbers (TAN) that you need to authorize a transfer. If there is such a thing in UK you can just throw the TAN list away. This way you can still check your savings balance but you cannot transfer the money without requesting a new TAN list which takes time and effort."}
{"_id": "352451", "title": "", "text": "I never give advice but I will now because you are getting poor advice.  I run between 820 and 835 for a FICO score and have for years.  I have a Discover, AMEX, VISA and MC.  I have over 200,000 dollars of credit and I never EVER pay interest.  I pay off the cards every month.  So, does it matter how much credit you have or can you have too much?  NO!  Bank of America gave me 40,000 dollars credit and I don't even have an account with them except the card.  Banks like people who pay their bills on time.  Well, the computers at the banks do.  LOL...DON'T be afraid of asking for more credit.  Your score may drop for two months but that is it.  Good luck with your money"}
{"_id": "352464", "title": "", "text": "\"&gt; Milano says that Hellie\u2019s poor oversight of the remodeling job caused costs to spiral. She ended up spending $5 million, though the home is worth no more than $3 million.    This sounds like lack of oversight on Milano's part.   Who gives their so-called \"\"business manager\"\" handle your home improvement project?   Why can't you go to an architecture &amp; construction company yourself? How hard is that?\""}
{"_id": "352466", "title": "", "text": "You never know when your upholstery or carpets can be in the need of Bunbury cleaning services, and this is exactly why you should always have our number handy. We, Chem-Dry Clean and Green, are like a doctor for your upholstery and carpet and you can give us a call anytime they are dirty."}
{"_id": "352477", "title": "", "text": "\"&gt;Yes, they are. Ridesharing is just a term for Unmarked taxi booked through app.  No.. Ride sharing is when you share a lift with someone, traditionally it's when someone is going somewhere and they offer space to others too (And that's quite popular where it exists).  Uber is a minicab company in that you book a vehicle and it take you somewhere, in the UK at least, it's regulated and licensed in the same way (as opposed to black cabs which are licensed and regulated differently and can be flagged down).  &gt;I have no issue with that, since \"\"Government regulated taxi\"\" is so awful in almost every city on earth, that ridesharing has improved safety and convenience.  That may be true in parts of the US and some other places, but it's really not the case in 'almost every city on earth'. I've lived in quite a few and visited many others and frankly Uber is at best on a par with taxi services, especially given that having an app to book is no longer unusual, where it does better is in places where regulation is essentially a protectionist mess (which is more an exception than the norm).\""}
{"_id": "352484", "title": "", "text": "\"In financial theory, there is no reason for a difference in investor return to exist between dividend paying and non-dividend paying stocks, except for tax consequences.  This is because in theory, a company can either pay dividends to investors [who can reinvest the funds themselves], or reinvest its capital and earn the same return on that reinvestment [and the shareholder still has the choice to sell a fraction of their holdings, if they prefer to have cash]. That theory may not match reality, because often companies pay or don't pay dividends based on their stage of life.  For example, early-stage mining companies often have no free cashflow to pay dividends [they are capital intensive until the mines are operational]. On the other side, longstanding companies may have no projects left that would be a  good fit for further investment, and so they pay out dividends instead, effectively allowing the shareholder to decide where to reinvest the money. Therefore, saying \"\"dividend paying\"\"/\"\"growth stock\"\" can be a proxy for talking about the stage of life + risk and return of a company. Saying dividend paying implies \"\"long-standing blue chip company with relatively low capital requirements and a stable business\"\". Likewise \"\"growth stocks\"\" [/ non-dividend paying] implies \"\"new startup company that still needs capital and thus is somewhat unproven, with a chance for good return to match the higher risk\"\". So in theory, dividend payment policy makes no difference. In practice, it makes a difference for two reasons: (1) You will most likely be taxed differently on selling stock vs receiving dividends [Which one is better for you is a specific question relying on your jurisdiction, your current income, and things like what type of stock / how long you hold it]. For example in Canada, if you earn ~ < $40k, your dividends are very likely to have a preferential tax treatment to selling shares for capital gains [but your province and specific other numbers would influence this]. In the United States, I believe capital gains are usually preferential as long as you hold the shares for a long time [but I am not 100% on this without looking it up]. (2) Dividend policy implies differences in the stage of life / risk level of a stock. This implication is not guaranteed, so be sure you are using other considerations to determine whether this is the case.  Therefore which dividend policy suits you better depends on your tax position and your risk tolerance.\""}
{"_id": "352485", "title": "", "text": "The answer is that other than a small number of applications (the approx. 10% of gold production that goes to 'industrial uses') gold does not have intrinsic value beyond being pretty and rare (and useful for making jewelry.)  There are a number of 'industrial' applications and uses for gold (see other answers for a list) but the volume consumed this way is fairly small, especially relative to the capacity to mine new gold and reclaim existing gold. If you removed investment, and jewelry usage (especially culturally driven jewelry usage) then there's no way the remaining uses for industry and dentistry could sustain the price levels we currently see for gold.  Furthermore, and perhaps more importantly, the best data I can find for this shows the total number of tons consumed for industrial uses has been shrinking for several years now, and that was prior to recent price increases, so it is difficult to tie that reduced demand to increasing prices.  And one might postulate in a 'collapsed society' you seem to be referring to in your question, that a lot of the recent industrial demand (e.g. the '50 cents of gold in each cellphone') could quite possibly disappear entirely.   The argument many people use for gold having value is usually 'been used as money for thousands of years'.  But this confuses gold having a value of its own with the reasons why something makes a useful currency.  Gold has a large number of characteristics that make it an ideal currency, and of all the elements available it is perhaps the best physical element to serve as a currency. BUT just as with a dollar bill, just because it is a good currency, does NOT give it an intrinsic value. Any currency is only worth what someone will trade you for it.  The value is set by the economy etc., not the medium used as a currency.   So yes, people will probably always use gold as money, but that doesn't make the money worth anything, it's just a medium of exchange. Incidentally two other things should be noted.  The first is that you have a problem when the medium itself used for a currency becomes worth more than the face value.  Hence why we stopped using silver in coins, and there were concerns over pennies due to the price of copper. This leads to the second point, which is that currently, gold is TOO RARE to suffice as a world currency, hence why all countries went off the gold standard years ago.  The size of national and global economies was growing faster than the supply of gold, and hence it was becoming impossible to have enough gold to back all the currencies (inflation concerns aside)."}
{"_id": "352506", "title": "", "text": "All I am saying is that I would pay $.50 in order to not deal with automated check out.   I'm sure that once we reach the point of automated check out that there will not be a checkout, like the Amazon convenience store."}
{"_id": "352522", "title": "", "text": "&gt;the company said these guys didn't know about the breach  yeah... thats a little hard to believe but this is all in the name of plausible deniability so I cant blame them. I dont think a single person buys that these guys all just decided to sell stock at the same time right before a story hits that will tank the value of the company"}
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{"_id": "352548", "title": "", "text": "Grampa wiggly your such a silly faggot. Always hopeing that someone is in highschool.   &gt;Worthy only of mockery, you shall e laughed at for the next 2 seconds.   nice to see you still think this is funny, cute, hurts, or what ever the fuck you think it is."}
{"_id": "352552", "title": "", "text": "\"As @BrenBarn points out, when people say \"\"they like having a mortgage because they get the benefit of writing off the interest\"\" they typically mean as opposed to renting. You can deduct interest and real estate (property) tax payments, as well as some closing costs in the year you purchase the home. You are also building equity (instead of helping your landlord build his or her equity).  Take for example a single person paying $1,000/month to rent an apartment. This is not deductible. He has $1,800 a year in other expenditures that would otherwise be deductible (charitable contributions, etc.), but he doesn't itemize because it isn't more than the $6,100 standard deduction, so it doesn't matter.  He takes out a mortgage for $150,000 at 6% over a 30-year term to buy a similarly-appointed home. His new mortgage payment is about $900/month, plus he puts $100/month into an escrow account for property taxes, roughly totaling his former rent payment. Over the first full year, he pays about $9,000 in deductible mortgage interest and $1,200 in deductible real estate taxes. And because he is now itemizing, he can also write off the aforementioned $1,800. At a top marginal tax rate of 25%, he shaved nearly $1,500 (.25 * (9000 + 1200 + 1800 - 6100)) off his federal income tax bill -- with the same living expenses! This is a simple example with some arbitrary numbers to prove the point, and there are a lot of other pros and cons to buying vs. renting. But again, this is probably what they mean when you hear this. Others have covered the overpaying angle, and there are a bunch of other Money.SE posts on the same or similar subjects.\""}
{"_id": "352557", "title": "", "text": "Use a currency ETF.  there are many.  Specific to your question there is WisdomTree Dreyfus Brazilian Real Fund (BZF) I don't happen to find a currency ETF for Thailand, so the closest you could come to a Thai currency fund would be something that's an Index fund ETF that is based on an index in the Thai Market such as:  MSCI Thailand Investable Market Index Fund Because that fund is investing in an index of stocks that trade on the Thai market, you are in effect investing in something denominated in Baht.  This is spelled out in the prospectus where it discusses 'currency risk'.   The problem is that you are however not investing in just the currency, but rather a broad index of stocks denominated in that currency.  Still to the extent the market holds fairly steady, you get much the same effect of investing in just the currency.  to the extent the market is moving, you get the net effect of what the thai market does, plus how the bhat trades relative to the dollar."}
{"_id": "352558", "title": "", "text": "Thousands of public servants ride 24+ hours in C130 cargo holds and get off and perform top notch combat and/or humanitarian work for days or weeks on end.  I have no pity for the overpaid bureaucrat flying coach for 2 hours. They're unqualified for the job if a flight in coach stresses them out and causes them to under or not perform."}
{"_id": "352566", "title": "", "text": "I think it's a bit dependent upon the individual locations. The ones near where I live, for example, are absolutely atrocious, with some being obscenely greasy or salty, others having little more than mush.  The one near where I work, however, is pretty decent, and the burgers usually aren't disgustingly greasy and the fries aren't over-salted.  It's the exact opposite for Burger King, though: The one near where I work is so bad I've simply stopped going there, but the one near where I live is pretty decent (the salads, especially, are a key issue for me: near where I work, most of the lettuce is wilted, but near where I live, it's usually crisp)."}
{"_id": "352586", "title": "", "text": "\"Start by going to Salary.com and figuring out what the range is for your location (could be quite wide).  Then also look at job postings in your area and see if any of them mention remuneration (gov't jobs tend to do this).  If possible go and ask other people in your field what they think the expected range of salary should be. Take all that data and create a range for your position.  Then try and place yourself in that range based on your experience and skill set.  Be honest. Compare that with your own pay.  If your figures indicate you should be making significantly more, schedule a meeting with your boss (or wait for a yearly review if it's relatively soon) and lay out your findings.  They can say: Be ready for curve balls like benefits, work environment and other \"\"intangibles\"\". If they say no and you still think your compensation is unfair, it's time to polish up your CV.  The easiest way to get a job is to already have one.\""}
{"_id": "352588", "title": "", "text": "You're assuming options traded on the open market. To close open positions, a seller buys them back on the open market. If there's little on offer, this will drive the price up."}
{"_id": "352589", "title": "", "text": "What is the corporate structure? Your partnership agreement or LLC operating agreement should dictate how you approach this."}
{"_id": "352597", "title": "", "text": "Can't say I agree when we're talking about a minimum wage job. I sold a business this year and I'm fairly successful, but I did work some crap jobs in my younger days. For me personally, it was not at all worth the effort of going all out for $5.xx an hour (at the time) and I'm completely ok that I didn't. I tended to look at the few people who did put in their all with suspicion and I also think those people probably had low ceilings in life - way too satisfied with being worker bees."}
{"_id": "352609", "title": "", "text": "Definitely see your point. One of my customers started as an owner/operator of a frozen yogurt shop that became popular, and now he has three. He says he works less hours now but his stress level is *higher* because he employs young people. (He actually has a low turnover because he pays well). Still, some people graduate high school not knowing you have to wash your hands after handling money, and chocolate toppings on the floor need to be cleaned up before bugs are attracted. He said he spends a ton of time explaining things that 18-22 year olds should already know. He told me if he had it to do over he would have just kept the one store and ran it himself. The point im making is that some people would prefer to keep it simple.  The only reason im expanding is I think there is room to bring in my good friend as a partner.  Ill end up making less money for a while and maybe equalizing in the long run but the business will be able to stay open five days a week even if one of us is gone. Ill be trading income for time without disrupting my customers."}
{"_id": "352610", "title": "", "text": "They won't survive. If it looks like they will, the right wing will pass more laws that only aim to bankrupt the postal service. They'll keep hammering until it's dead, hand it over to some ridiculously inefficient monopoly, and then hold it up as an example of how awful government run servhices are. And in a decade or so it'll cost a dollar to send a letter, you'll have to go to the past office to pick up your mail because there's no money in service to your door, and service will take weeks.  Another decade, probably less, and the postal service will be a distant memory, and your only option for physical goods will be FedEx or ... well, nothing, because by then FedEx will have a monopoly. And it'll cost two dollars to send a letter, you'll have to pick it up wherever they decide to send it, and if you don't like it, too bad! Because there will be laws in place making it impossible to start up a competitor.  They'll make billions, delivering worse service for higher prices, and all we'll ever hear about is how awful it was when the government ran the show and incompetently bankrupted the agency."}
{"_id": "352613", "title": "", "text": "\"I think you have succumbed to a category error. The rational course forward is to classify all property as either his, hers, or family's. Each contributes a portion of wages to the family. Each logs hours spent performing familial duties and is \"\"paid\"\" in virtual dollars into their family account at market rates for that service. At any point actual plus virtual dollars are summed to assess the value of the family and percentages are allocated to each party on this basis. Put this into a pre-nuptual agreement.  At the time of the inevitable divorce you leave with yours, she leaves with hers, family's assets are divided as described, and division of children should be as King Solomon suggested. Or you could do what I did: Put all your property (and debts) into one pot. Make sure each partner can competently manage bookkeeping and investments. Accumulate a family net worth sufficient to divide in two and each have financial independence. (I'm working on this last step.)\""}
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{"_id": "352638", "title": "", "text": "\"There are a number of bona fide reasons to consider here. If there is a cost to discharging a security packet, or a mortgage, it may not be convenient if we are advanced in the repayment schedule. Early exit fees may apply, or the interest may be \"\"pre-determined\"\". As a rule of thumb, when we are talking about rates above 10% p.a. then arrangements should be short (bridging finance - keep it short and charge 'em heaps), and for personal arrangements, small.\""}
{"_id": "352640", "title": "", "text": "I am surprised no one has mentioned the two biggest things (in my opinion).  Or I should say, the two biggest things to me.  First, 1099 have to file quarterly self employment taxes.  I do not know for certain but I have heard that often times you will end up paying more this way then even a W-2 employees.  Second, an LLC allows you to deduct business expenses off the top prior to determining what you pay in taxes as pass-through income.  With 1099 you pay the same taxes regardless of your business expenses unless they are specifically allowed as a 1099 contractor (which most are not I believe).  So what you should really do is figure out the expense you incur as a result of doing your business and check with an accountant to see if those expenses would be deductible in an LLC and if it offsets a decent amount of your income to see if it would be worth it.  But I have read a lot of books and listened to a lot of interviews about wealthy people and most deal in companies not contracts.  Most would open a new business and add clients rather than dealing in 1099 contracts.  Just my two cents... Good luck and much prosperity."}
{"_id": "352646", "title": "", "text": "Hi! This is just a friendly reminder letting you know that you should type the shrug emote with three backslashes to format it correctly:   Enter this - \u00af\\\\\\\\\\\\\\_(\u30c4)_/\u00af    And it appears like this - \u00af\\\\\\_(\u30c4)_/\u00af    ---   *^If ^the ^formatting ^is ^broke, ^or ^you ^think ^OP ^got ^the ^shrug ^correct, ^please ^see [^this ^thread](https://www.reddit.com/r/john_yukis_bots/comments/6tr5vq/u_you_dropped_this_a_shrug_fixing_bot/)^.*   ***^Commands:*** *^!ignoreme, ^!explain*"}
{"_id": "352649", "title": "", "text": "I may be moving to Switzerland soon and would like to know if there's a similar system to move money between a Swiss bank account and a U.S bank account. There is no easy way.  The most common method is International Wire or SWIFT. These kinds of transfer are generally charged in the range of USD 20 to USD 50 per transfer. It generally takes 2 to 5 days to move the money. Some Banks have not yet given the facility to initiate a International Wire from Internet banking platforms. One has to physically walk-in. So if this is going to be frequent, make sure both your banks offer this. As the volume between US and Switzerland is less, there may not be any dedicated remittance service providers [these are generally low cost]."}
{"_id": "352667", "title": "", "text": "From a quick google, apparently 5% of government contracts need to go to women- or minority-owned small businesses, with another 18% going to small businesses more generally.   If your company was bumped, it was b/c they were on the bubble in terms of quality/price, and inevitably the only reason were able to contract in years prior was b/c of the rules discriminating against large businesses over small businesses.  The more concerning take away in all of this, is how on earth is it a struggle to hit the 5% target without any sort of affirmative action intervention.  A bit of an eye-opener on the extent of systemic racism / inequality of opportunity that exists today.  We really should be doing more to support minority owned businesses, and more importantly addressing the apparently inequity in opportunity in our business culture."}
{"_id": "352673", "title": "", "text": "From what I can make out from CRA site it seems that you can definitely not redeposit in the same year (as I originally incorrectly answered to someone else, but have since corrected). It does appear, however, that you can withdraw as much as you like, and that would generate room for the subsequent year. Good Luck"}
{"_id": "352692", "title": "", "text": "I know what you are talking about and this is what students at UC I know usually do in such cases: Talk with the cashier's/registar's office and see if you have been reported to collections. If you had plans to pay via financial aid, this can be a non-issue, but be sure. It's critical to remove your record from collections, if any. Take a loan and find out how the loan will be paid. Most lenders pay the school directly based on what the school bills for the quarter. If you signed up for X units in Fall '10 and plan to take Y units in Winter '12, add X+Y units in your list of courses. Those X units could be anything in your course catalog. Once the school sends out the bill and the lender pays it, drop the X units. This will give you a check and use that to pay out the outstanding amounts. Most schools will include all outstanding amounts in the bill for your current quarter, but I am not sure if your lenders has agreements otherwise. Also, some lenders have agreements in place to send refunds directly to them, but remember, the cashier is king and she can make refunds happen the way she likes, and she is likely to help a student unless you have a bad payment history (collections, bounced checks..)"}
{"_id": "352700", "title": "", "text": "It depends how deep in the money it is, compared to the dividend.  Even an in the money call has some time premium. As the call holder, if I exercise instead of selling the call, I am trading the potential for a dividend, which I won't receive, for getting that time premium back by selling.  Given the above, you'll notice a slight distortion in options pricing as a dividend date approaches, as the option will reflect not just the time premium, but the fact that exercising with grab the dividend.  Edit to address your comment - $10 stock, $9 strike, 50 cent div. If the option price is high, say $2, because there's a year till expiration, exercising makes no sense. If it's just $1.10, I gain 40 cents by exercising and selling after the dividend."}
{"_id": "352728", "title": "", "text": "\"Gold ownership has been outlawed before in this country.  However, if you research it I think you'll find that there are two components in pricing gold coins:  * The spot value of gold  * The numismatic value of the coin in question.  That second point is where you get fucked.  There are a whole lot of outfits selling worthless \"\"investment grade\"\" coins that sell for way more than they should based on gold content, and for way more than any coin collector would ever give you for the value of the coin itself.  But it's much harder to find a reasonable price for some supposedly rare coin than it is for the metal itself, so it's easier to scam you.  So it's in the best interest of the guys that advertise for these firms to say \"\"buying rare coins is awesome, and buying straight gold is stupid.\"\"  Me?  If I want to buy going coins I'll buy US Gold Eagles for a small percentage over the spot price.  They're probably more liquid than some random chunk of goldish metal that says it's 1oz/10oz/100oz of gold.\""}
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{"_id": "352757", "title": "", "text": "\"I highly doubt this was a mistake. In the event of a corporate merger/buyout, changes to employee 401(k) plans are usually hashed out as part of the M&A agreement. The choices made in the agreement depend on numerous factors, so it may be difficult to predict what happens to your plan in situations like this. A quick online search reveals a few articles, e.g. this one from expertplan.com, that list the three most common consequences for retirement plans: It sounds like the company that purchased your employer agreed to immediately vest employees in employer 401(k) contributions as part of the purchase agreement. Without knowing the details of the merger/buyout, I can't say this for sure, but this sounds like a plausible way to keep employees of the purchased company content.  Rather than roll it over, does it make sense to wait for that company to be purchased, in the hopes that a similar \"\"mistake\"\" occurs? Since this doesn't sound like a mistake, but rather a part of the buyout agreement, I don't think it's something you should count on in the future. It may be very likely, or it could be a relatively rare occurrence that happened to be part of this purchase agreement. I don't believe the Employee Retirement Income Security Act regulates what can or can't be done to your 401(k) in a buyout, except that the company is required to inform you of any changes (and obviously, the new 401(k) plan must conform to ERISA as well).\""}
{"_id": "352759", "title": "", "text": "&gt; My biggest thing is I can't put them on bookshelves...I have a mini library starting and I really enjoy having physical books around I can pick and choose from whenever I feel like reading.  Aah, the stationary life.    As someone that likes experiencing the world and has spent 2+ months in maybe 5 countries so far in his life (including living in 2 and soon a 3rd), the bookshelves are the most annoying part of physical books. Sure, they're visually pleasing, but when we moved countries last time I swear 50% of the weight we dragged over was in books.  Also: I do a great deal of long distance flying, and used to pick up books for both flights. 20 flights a year and I'd have 40 soft cover books of mediocre quality accumulating on my shelves just from that. I hate throwing books away, and with my wife flying similarly we just accumulated this crap (and it was annoying while traveling too).  All in all, life has been **much** easier since the e-books came out."}
{"_id": "352760", "title": "", "text": "There are two methods of doing this Pulling out the money and paying the penalty if any, and going on your way. Having the Roth IRA own the business, and being an employee. If you go with the second choice, you should read more about it on this question."}
{"_id": "352771", "title": "", "text": "\"fiat in Latin means \"\"let it be\"\" or \"\"let it happen\"\" - as in \"\"fiat lux!\"\" meaning \"\"let there be light!\"\". Thus, fiat money means money that are created by the government decree - they would be random worthless pieces of paper otherwise, so the government says \"\"let this paper be worth $100\"\" and it becomes $100. Non-fiat money have some value that is beyond declaration - e.g., gold coin has the value of gold that is made of. Since 1971, almost all world currencies are fiat money.\""}
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{"_id": "352785", "title": "", "text": "Kate Gregory has already covered maintenance and tools. As a one-off, there's furniture and soft furnishings for the home. Cable/satellite TV if you want it. You listed car insurance, but not fuel, servicing, repairs and depreciation/leasing (as applicable). And, there's also food."}
{"_id": "352786", "title": "", "text": "I was making the point that Accenture is no longer Big4. There are a lot of consulting companies, but Accenture is not in the same league as the Big4 any more. This is demonstrable by the difference in benefits and bill rates.  The Big4s are owned by partners. Their compensation is private, but recently PWC had to reveal that their average compensation is $600k/partner. My firm has about 1500 consulting partners and each of the Big4 varies quite a bit. Whatever the Accenture equivalent is for partner, whatever you call that, they make nowhere near the same compensation level. And this actually gets disclosed as they are a public corporation.  Higher compensation; therefore higher bill rates; therefore small overlap for competition.  The business model is very different between public and private consulting companies."}
{"_id": "352794", "title": "", "text": "\"First of all, one thing that is very important: Match is always better than no match.  So, you should definitely use that match on your HSA if you've already maxed out the company match on your 401(k).  In fact, for most people there won't be much reason to invest in your 401(k) above the company match at all. If, for example, your company matches only up to 5%, and you want to invest 15% of income into retirement, you ought to open an IRA instead (Roth or standard depending on your situation) and put the extra 10% in there. Beyond that, you're right, HSA's (the accounts themselves) have all the benefits of a 401(k).  I wouldn't invest there for retirement instead an IRA, though.  There is just no reason. The only built-in downside of an HSA is the HDHP attachment, which may be undesirable to some employees or in certain situations. If you want to get down to raw dollar figures and your company is offering both a standard health plan and a HDHP+HSA, the calculation will be dependent on the premiums and benefits of each and your projected costs of your health care (which is always a crystal ball estimation anyway).  Those costs and benefits can vary wildly, from a completely obvious choice on either the HDHP or standard plan, or pretty much a wash where you decide based on your comfort level with a high deductible. To illustrate... Standard plan: Your company might offer a standard plan that costs you $100 out of pocket for an individual.  That means you pay a minimum of $1200 a year for health care.  Most plans will have copays (a flat amount like $15 you pay for standard doctor consultations), a deductible (you pay 100% of fees up to this, co-pays don't count), a percentage you pay beyond the deductible (20% is typical), and a maximum (like $1000 per individual per year - beyond this, up to a \"\"lifetime\"\" maximum benefit of like $2 million, you won't be charged anything). In a standard plan where you have no expenses, you might pay $1200 a year plus a couple co-pays, for a total of $1230.  In a bad year with surgery, you might max out, so $1200 + $30 + $1000 = $2230. HDHP/HSA: These plans are very different.  You might still pay a premium, I.E. $30 a month.  They will still have a deductible and maximum, but they might be the same amount.  You will probably not have copays (I didn't when I had one, but I could be wrong), which means a standard doctor visit will cost more like $80-100. In a good year, this will mean that you pocket $500 from your company, but pay back $360 in premiums.  A couple doctor visits would mean there's only $300 left in your account at the end of the year.  But, that's still a net cost of only $60, compared to $1230.  Big win! In a bad year, you would end up out of pocket the max (say $2000) plus premiums, minus the $500, for a total of $1860.  In this case, still better than the standard plan. The important difference will come in an in-between year.  You will reach the max quicker on an HDHP than you will on a standard plan.  With a family, where all of these numbers are higher, and you have more people to be getting sick/injured this might make the standard plan a better benefit. However, since whatever you build up in an HSA account stays with you forever, while you're single and have only your own health to be concerned about, that is probably a good choice.  When you have a family, things might change and you switch to a standard plan, but you still have that war-chest to offset copays and hospital visits in future years. I was forced onto an HSA for 2 years with a smaller company.  They had a really good contribution, $2500 if I remember right, and we saved up big time. Later, when my wife was pregnant, we were on a low-deductible standard plan and paid all our fees out of the HSA.  It worked out great. I say, as long as the averaged yearly expected costs make sense after doing calculations illustrated above, go for it!\""}
{"_id": "352832", "title": "", "text": "A bank is insolvent when it can no longer meet its short-term obligations.  In this example, the bank is insolvent when depositors withdraw more cash than the bank can pay out. In this case, it's probably something in the range of $600-700k, because the bank can borrow money from other banks using assets as collateral. In the US, we manage this risk in a few ways. First, FDIC insurance provides a level of assurance that in a worst-case scenario, most depositors will have access to their money guaranteed by the government. This prevents bank panics and reduces the demand for cash. The risk that remains is the risk that you brought up in your scenario -- bad debt or investments that are valued inappropriately. We mitigate this risk by giving the Federal Reserve and in some instances the US Treasure the ability to provide nearly unlimited capital to get over short/mid-term issues brought on by the market. In cases of long-term, structural issues with the bank balance sheets, regulators like the FDIC, Federal Reserve and others have the ability to assume control of the bank and sell off its assets to other, stronger institutions. The current financial regime has its genesis in the bank panics of the 1890's, when the shift from an agricultural based economy (where no capital is available until the crops come in!) to an industrial economy revealed the weakness of the unregulated model where ad hoc groups of banks backed each other up. Good banks were being destroyed by panics until a trusted third party (JP Morgan) stepped in, committed capital and make personal guarantees."}
{"_id": "352833", "title": "", "text": "I agree with Speedbird389 - I leased an economy car 10 years ago, paid the residual at the end of the lease because I knew the car would last a long time, but that cost me $5000 more than if I had bought it in the first place..."}
{"_id": "352838", "title": "", "text": "\"If you start an LLC with you as the sole member it will be considered a disregarded entity.  This basically means that you have the protection of being a company, but all your revenues will go on your personal tax return and be taxed at whatever rate your personal rate calculates to based on your situation.  Now here is the good stuff.  If you file Form 2553 you can change your sole member LLC to file as an S Corp.  Once you have done this it changes the game on how you can pay out what your company makes.  You will need to employ yourself and give a \"\"reasonable\"\" salary.  This will be reported to the IRS and you will file your normal tax returns and they will be taxed based on your situation. Now as the sole member you can then pay yourself \"\"distribution to share holders\"\" from your account and this money is not subject to normal fica and social security tax (check with your tax guy) and MAKE SURE to document correctly.  The other thing is that on that same form you can elect to have a different fiscal year than the standard calendar IRS tax year.  This means that you could then take part of profits in one tax year and part in another so that you don't bump yourself into another tax bracket.  Example:  You cut a deal and the company makes 100,000 in profit that you want to take as a distribution.  If you wrote yourself a check for all of it then it could put you into another tax bracket.  If your fiscal year were to end say on sept 30 and you cut the deal before that date then you could write say 50,000 this year and then on jan 1 write the other check.\""}
{"_id": "352843", "title": "", "text": "What about the jobs!???!!! You know how many people work in health care! Repealing health care is like shooting our economy in both feet and then having no health care workers. I could toss a few FUs out to these CEOs, insurance companies for holding us hostage. But my comment is really think about the ground workers, the people who actually do the work, their jobs will be eliminated first when the patients stop coming."}
{"_id": "352851", "title": "", "text": "Sorry to hear about your spouse's health issues. May he have a speedy and, as far as possible, full recovery. The Patient Protectection and Affordable Care Act (PPACA, aka Obamacare) is now the law of the land. Among its many provisions are that insurers may no longer deny coverage for pre-existing conditions, they may not put lifetime caps on benefits, and they may not charge different premiums based on any criteria except age cohort and geographic area (i.e. rates may be higher for 50 year olds than 30 year olds, but sick and healthy 50 year olds living in the same area pay the same). If he gets government health coverage because he's on disability, this may not matter. On the other hand, you might find it better to put him on your employer's policy, because you like the coverage better, the employer covers part of the dependent premium, or some other reason. In any case, they can't discriminate against him or you based on his condition. ETA: Rates may vary by geography as well as age."}
{"_id": "352869", "title": "", "text": "\"Wow, a democrat killed one person... but under his watch, many many terrorist attacks inside the USA and a \"\"Nuclear deal\"\" that will surely prevent Iran from becoming like N Korea.  I am talking here about handling a rogue country... which got its nuclear abilities due to a \"\"Nuclear deal\"\" with Bill Clinton that included nuclear reactors supplied by the USA.\""}
{"_id": "352882", "title": "", "text": "Fuck, I thought you were dumb but this takes the cake. The fact that no one has died (false), no one went to a concentration camp, or a nuclear war has started is your basis for him doing a good job?   Damn, I feel sorry for you kid. You must've had a really shitty life if that's the kind of expectations you set forth for the President of the US. Luckily, I don't have to deal with Trump much longer. You're gonna' wear his embarrassment on your face for the rest of your life.   Unfortunately for you baby, there's only 2 things in life I'm crazy about, and both have been going great for me:  1) Making money 2) Eating your mother's juicy ass  I'm not reading your embarrassing shitty troll comments any further so I wouldn't waste your pathetic breath. SOMEBODY GRAB A BODYBAG FOR THIS KID, HE JUST GOT KNOCKED THE FUCK OUT"}
{"_id": "352883", "title": "", "text": "The FDIC insures deposits up to $250,000 per depositor, per bank, for each ownership category.  The ownership categories are: You and a spouse could collectively have $750,000 of insured deposits at a single bank if you each had a single account, and a joint account together."}
{"_id": "352894", "title": "", "text": "\"Offtopic, but what do you think of the idea of the stock market being a \"\"ponzi scheme\"\"? I've had this same idea that [Mark Cuban reiterated well by writing](http://blogmaverick.com/2008/09/08/talking-stocks-and-money/): &gt;Ive said a lot of this before. The stock market is by definition a ponzi scheme. As long as money keeps on coming in, then there is someone to take the stocks from the sellers. If the amount of money coming in is reduced, the stocks, indexes, et al go down. What if, for who knows whatever reason, the amount of money going into stocks declined significantly ? Who would buy stock from the sellers. I mean goodness gracious, you could see something disastrous happen. Like the Nasdaq dropping from 5000, to under 2000 in just a few years. Its happened before, it can happen again. &gt; &gt;Which is exactly why we get all these nonsensical commercials from brokerages. To keep the money coming in . I wish someone would index the amount of money spent on marketing by mutual funds and brokerages to the Nasdaq and Dow and see if it correlates. &gt; &gt;Money inflows drives the business. We can get all the economic data we ever dreamed of getting, but if money inflows declined significantly for an extended period of time, then every rule of thumb would go out the window until money started flowing in. Yes it would flow in eventually as prices dropped. From big investors like me who wouldnt have gotten hurt by a huge market decline and could come in and buy huge chunks, or companies outright. &gt; &gt;You ? You probably would be like Charles Ponzi\u2019s customers. You wouldnt be able to get your money out of the fund when it went down, and by the time you did, it would be too late. You would have been crushed. &gt; &gt;Ive said it before, a stock that doesnt pay dividends is valued like a baseball card. Just whatever you can sell it for. The concept that you own \u201cyour share\u201d of the company is a joke. You are completely at the whim of the CEO and board who will dilute you on a daily basis with stock options, then try to buy back stock to cover it up and push up the price, rewarding the shareholders who get out, rather than those that continue to hold the shares. Meaning you. &gt; &gt;Have you ever seen Warren Buffet talk about buying 100 shares of anything k shares ? or does he take control of , or purchase a material percentage of a company ? &gt; &gt;If you have enough money to have influence , take control or buy it outright, then the stock market can work for you. Thats why I buy stock in public companies that relate to my other business entities. When i pick up the phone and call the CEO of a company i own shares in, they call me back very quickly. When I ask if there are business opportunities that make sense for the company and another company of mine to work together, I wont always get the business, but I will always get a meeting. If Im smart about the investments I make, the more important returns come from the relationships with the companies than the action of the stock. &gt; &gt;If the best you can do is buy shares that are going to be continuously diluted, then you are merely a sucker. There is a good chance that the shares you bought came from shares an insider who got stock options. You just helped dilute yourself with your first share purchase. &gt; &gt;The wealthy can make the stockmarket work for them. Individuals buying shares of stock in non dividend paying stocks\u2026 they work for the stockmarket. &gt; &gt;I know Ive painted a pretty bleak picture. &gt; &gt;The stockmarket isnt going away. Would it shock me if the whole thing collapsed ? yes. it would. Its just too engrained in our way of life in the USA. What would change my mind is if a better investment vehicle came along. &gt; &gt;The stockmarket used to be about investing capital in companies that came public or did secondary offerings. That money was used to create amazing businesses and return dividends back to people who truly were investors. There once was a day where most companies paid dividends higher than the interest rates on their bonds. Why ? Because stocks are inherently more risky. If a company goes belly up, bondholders collect first, shareholders usually last. People could buy and hold stocks, and get paid real cash money for being a shareholder in the company at rates far higher than the divident yields we see today. If the company did well, the dividends went up. Investors who held, actually got all their money back in dividends at some point and the rest was gravy. The good ole days. &gt; &gt;But that changed when mutual funds came along and started marketing the concept of growth as a way to attract investors. &gt; &gt;Its not inconceivable that the old mindset could comeback. That a new market of stocks could be created where companies didnt continuously dilute shareholders by issuing stock and options to themselves. Where earnings were earned for the same reason they are in private companies, to not only fund growth, but also provide cash back to investors. Now if that market existed today. Where I could buy 100 shares of stock, and even if it represented just 1/100000 of ownership in the company, I could have confidence that year after year, I would still own 1/100000th of that company, and if that company generated earnings , I would have at least some of that money returned to me. Well then, that wouldnt be a ponzi scheme. That would be a true market of stocks, and I would be happy to recommend to anyone to be careful, but buying stocks in that market could be something worth considering if your appetite for risk canhandle it.\""}
{"_id": "352908", "title": "", "text": "You might also want to talk directly to a bank. If your credit report is clean, they may have some discretion in making the loan.  Note - the 'normal' fully qualified loan has two thresholds, 28% (of monthly income) for housing costs, 36% for all debt servicing. A personal, disclosed loan from a friend/family which is not secured against the house, would count as part of the other debt, as would a credit card. While I don't recommend using a credit card for this purpose, the debt fits in that 28-36 gap.  As Kevin points out below, not all paths are equally advisable. Nor are rules of thumb always true. Not having the OP's full details, income, assets, price of house, etc, this is just a list of things to consider. The use of a 401(k) loan in the US can be a great idea for some, bad mistake for others. This format doesn't make it easy to go into great detail, and I'm sure the 401(k) loan issue has been asked and answered in other questions. With respect to Kevin, if he wrote 'usually', I'd agree, but never say 'never.'"}
{"_id": "352917", "title": "", "text": "They're trying to keep their supposedly independent driver force indentured to them using whatever means available to them but it seems you don't pay much attention to what Uber is *actually* doing and instead view them as an idyllic libertarian icon."}
{"_id": "352922", "title": "", "text": "\"i think we are roughly in agreement, but i should stress:  &gt; Can't blame capitalism for shitty politicians  shitty politicians are a natural result of capitalism out of control - the big owners call the shots. the politicians that take the bribes win elections bc the money buys exposure thru (once again private) media.   the politicians with any amount of ethics or servitude to their electorate will be starved of funds. they tend to lose. the evolution of the honorable politician to the corrupt one has been a consequence of obscene money. the sort of money that apple et al make. or the most insidious: the federal reserve, which is PRIVATELY owned by a cabal of the richest bankers. they get to print money to \"\"lend\"\" to the government at interest whenever the gov needs to issue bonds. they determine interest rates. their objective is to make more money for themselves. they are not there to provide a service to the people.   TL;DR you cannot get non-shitty politicians without controlling capitalism. adam smith warned us 250 years ago in his seminal wealth of nations that a business-dominated political system would allow a conspiracy of businesses and industry against consumers:  \"\"the interest of manufacturers and merchants .. in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public ... The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention.\"\"\""}
{"_id": "352923", "title": "", "text": "A socialist government mismanaging the economy?  Say it ain't so!  Cut taxes, liberalize the labor force and employment laws, reduce government services and welfare, encourage entrepreneurship, eliminate barriers to international trade.  This is not rocket science.  Get your shit together, France."}
{"_id": "352927", "title": "", "text": "Generally, unless you're doing a wire transfer, bank transactions are processed in batches overnight. So the credit card company won't be able to confirm your transfer until the next business day (it may take even longer for them to actually receive the money)."}
{"_id": "352930", "title": "", "text": "This greatly depends on the local laws and the insurance contract terms. If I remember correctly, my own life insurance policy does also have special terms in case I die within a year of applying, so it doesn't sound totally bogus. For car loan insurance, the amount of coverage and premiums were probably low enough for the insurer not to want to spend the money upfront on the thorough investigation, but they probably do have a clause that covers them in case the insured passes away unreasonably quickly (unreasonably for a healthy person of the given age, that is)."}
{"_id": "352941", "title": "", "text": "I'm guessing the gist of your comment is that if Amazon were to use HQ2 to staff new projects that explode in headcount, it will be able to grow the new campus exceptionally rapidly. I guess that's a possible future.  I would, however, be mildly surprised if upper management has enough of those sorts of ideas ready to go to round out a 50k campus. To reiterate: I highly suspect this is just Amazon alleviating its real estate crunch in Seattle. It's not being built to fulfill any grand secret plans so much as just being able to gradually spread out a little more. (Not that there won't be any grand secret plans, just that it's not the point.)"}
{"_id": "352965", "title": "", "text": "You can do FOK on both market and limit orders. Normal market orders will partial fill if you want more shares than are being offered, or if someone pulled their order before you get there and now there are fewer shares than you placed a trade for. With a FOK limit order not at the BBO you are shooting in the dark for a quick match, most of the time it does not fill.  This is a commonly used order type for UHFT arbitrage.  Some exchanges will not attempt to cross it for a match if its price is not at, or better than the market price. When the FOK limit order is at the BBO it is essentially a FOK market order.   FYI: Sometimes you have a minimum quantity to fill option, so you can let the order sit on the book until it fills or you cancel."}
{"_id": "352987", "title": "", "text": "Does anyone know is it wise to invest money in NPS for tax saving ? This is primarily opinion based. NPS is efficient retirement plan, allows to invest into Index equities with almost NIL expense ratios. The additional tax breaks makes the overall returns attractive. The down side is 40% of corpus withdrawal is tax free, the balance 60% is taxable; alternatively one can buy annuity to make it tax free."}
{"_id": "353004", "title": "", "text": "Set up a company or partnership. Generally what you describe is a classic partnership. In the US - the partnership itself is not taxed (as opposed to a corporation), and each partner is taxed separately on the distributions. That is, the partners as a whole will be taxed on the income of one, if it is distributed through the partnership. Exactly what you want. Do consult with a tax adviser familiar with the Federal and the State laws with the specifics of setting it up and managing it, maybe you'll get a better advice from a professional (which I am not, of course)."}
{"_id": "353009", "title": "", "text": "Some companies allow you to make a post-tax contribution to the 401K. This is not a Roth contribution. This can be money beyond the 18,000 or 24,000 401k limit. The best news is that eventually that money can be rolled into 1 Roth-IRA. Not all companies allow this option. One company I worked for did this automatically when you hit the annual max. Of course that was made more complex if you had multiple employers that year."}
{"_id": "353016", "title": "", "text": "There was one in the economist recently. Issue at end of April, something about relation between minimum wage increases correlated with number of lower rated restaurants on yelp going out of business. It's in the washroom and I'm lazy or I would go get it.   e: Sorry, it was actually very short and general."}
{"_id": "353018", "title": "", "text": "I do my best to find the best prices for high quality -- and if you are lucky enough to have a great local natural chain that's cheaper, that's great. For me, I know WF so well I can usually get the best deals there, but every once in a while I find a better option elsewhere."}
{"_id": "353028", "title": "", "text": "You could buy Bitcoins. They are even more deflationary than Swiss Francs.  But the exchange rate is currently high, and so is the risk in case of volatility.  So maybe buy an AltCoin instead. See altcoin market capitalization for more information. Basically, all you'd be doing is changing SwissFrancs into Bitcoin/AltCoin.  You don't need a bank to store it. You don't need to stockpile cash at home.  Stays liquid, there's no stock portfolio (albeit a coin portfolio), unlike in stocks there are no noteworthy buy and sell commissions, and the central bank can't just change the bills as in classic-cash-currency.  The only risk is volatility in the coin market, which is not necessarely a small risk.  Should coins have been going down, then for as long as you don't need that money and keep some for everyday&emergency use on a bank account, you can just wait until said coins re-climb - volatility goes both ways after all."}
{"_id": "353042", "title": "", "text": "This investment does not have a payback period as the net present value of your investment is negative. Your investment requires an initial cash outlay of $40,000 followed by annual savings of $2060 for the next 20 years. Your discount rate is 5% at which the NPV is $-14327.85 as calculated below by using this JavaScript financial functions library tadJS that is based on a popular tadXL add-in for Excel 2007, 2010 and 2013."}
{"_id": "353048", "title": "", "text": "Check out Khan Academy if you get a chance - they have a large suite of finance/capital market video clips that cover a lot of the basics of financial theory in short, manageable clips that might be suitable for someone in high school."}
{"_id": "353049", "title": "", "text": "More than 90 of [land for sale in Texas](http://www.texashuntingland.com/) for 2009 were bought from searching the net. How would you use the internet to greatest market your land or home? According to the NAR (National Realtors Affiliation) more than ninety of men and women that bought land last 12 months started their search on the web."}
{"_id": "353070", "title": "", "text": "\"There's a fair amount of evidence in general that those who complain loudest when doors are opened to new groups are the ones most at risk of losing status to members of those groups. You may observe the same set of complaints happening around immigration policy discussions. I actually had only considered this \"\"mediocre man\"\" problem in those terms and had completely failed to recognize that it applied to gender as well.\""}
{"_id": "353081", "title": "", "text": "\"With 40% of your take-home available, you have a golden opportunity here. Actually two, and the second builds out easily from the first.  Golden Opportunity # 1: Layoff Immunity Ok, not really immunity. Most people don't think of themselves getting laid off, and don't prepare. Of course it may not happen to you, but it can. It's happened to me twice. The layoff itself is an emotional burden (getting rejected is hard), but then you're suddenly faced with a gut-wrenching, \"\"how am I gonna pay the rent????\"\" If you have no savings, it's terrifying. Put yourself in that spot. Imagine that tomorrow, you're out of a job. For how many months could you pay your expenses with the money you have? Three months? One? Not even that?  How about shooting for 12 months? It's really, really comforting to be able to say: \"\"I don't have to worry about it for a year\"\". 12 months saved up gives you emotional and financial stability, and it gives you options -- you don't have to take the first job that comes along.  Now, saving 12 months of expenses is huge. But, you're in the wonderful spot where you can save 40% of your income. It would only take 2.5 years to save up a year's worth of income! But, actually, it's better than that. Because your 12-month Layoff Immunity fund doesn't have to include the amount for retirement, or taxes, or that 40% we're talking about. Your expenses are less than 60% of take-home -- you'd only need 12 months of that. So, you could have a fully funded 12-Month Layoff Immunity Fund only in a year and a half!  Golden Opportunity #2: Freedom Fund Do you like your Job? Would you still do it, if you didn't need the money? If so, great. But if not, why not get yourself into a position where you don't need it? That is, build up enough money from saving and investing to where you can pay your expenses - forever - from your investments. The number to keep in mind is 25. Figure out your annual expenses, and multiply it by 25. That's the amount you'd need to never need a job again. (That works out to a 4% withdrawal rate, adjusting for inflation every year, with a low risk of running out of money. It's a rule of thumb, but smart people doing a lot of math worked it out.) Here you keep saving and investing that 40% in solid mutual funds in a regular, taxable account. Between your savings and the compounding returns off the investments, you could easily have a fully funded \"\"Freedom Fund\"\" by the time you're 50. In fact, by 45 isn't unreasonable.  It could be even better. If you live in that high-rent area because of the job, and wouldn't mind living were the rents are lower once you quit, your target amount would be lower. Between that, working dedicatedly toward this goal, and maybe a little luck, you might even be able to do this by age 40.  Final Thoughts There are other things you could put that money toward, like a house, of course. The key take-away here, is to save it, and invest it.  You're in a unique position of being able to do that with 40% of your income. That's fabulous! But don't think it's the norm. Most people can't save that much, and, once you lose the ability to save that much, it's very difficult to get it back. Expenses creep in, lifestyle \"\"wants\"\" become \"\"needs\"\", and so on. If you get into the habit of spending it, it's very difficult to shrink your lifestyle back down - down to what right now you're perfectly comfortable with. So, spend some time figuring out what you want out of life -- and in the mean time, sock that 40% away.\""}
{"_id": "353082", "title": "", "text": "Buffet is able to do many things the average investor cannot do.  For example: During the 2008 market crash Buffet purchased 5 Billion on Citi preferred stock (as somewhat of a bail out) that pays 5% Dividend. Then he also received warrants to buy another 700 million shares over the next 10 years where he can buy shares at 5% discount. So right off the bat he is up 5% anytime he buys some of those 700 million shares. http://dealbook.nytimes.com/2011/08/25/buffett-to-invest-5-billion-in-bank-of-america/?_php=true&_type=blogs&_r=0 This is just one of the Buffet deal makings. With his cash you can move markets.  He buys, people hear about it, they buy, his positions go up.  Put that aside he loans cash, gets interest, buys companies. It is more than just investing in the stock market."}
{"_id": "353092", "title": "", "text": "No, look:  Say a company needs to get $100 per solar panel to make a profit.  But a consumer only wants to pay $80 for a solar panel, otherwise it isn't worth it.  So, we have two options:  1. We offer a tax reduction to the consumer of $20.  They now pay $100 for the solar panel, and get $20 back.  The customer has now effectively paid $80 and the company has got $100.   Or,  2. We give the company a subsidy for $20 per panel.  They now sell the solar panel for $80, then get $20 in subsidy.  The customer has now paid $80 and the company has got $100.  You're against the 2nd option, in favour of the first.  Have I understood you correctly?"}
{"_id": "353120", "title": "", "text": "You will have to write it off as an offset of capital gains or as bad debt against personal income, limited to $3k/ yr. Write off 3k this year, 2k next. Here's the tax code, you'll need to file a form 8949, link below. https://www.irs.gov/taxtopics/tc450/tc453 So, this requires that it is a loan, acknowledged by both you and the borrower, with terms of repayment and stated interest, as well as wording for late payments and time for delinquency.  The loan document doesn't have to be fancy, but it must show a reasonable intention of repayment to distinguish it from a gift.  Then send out a 1099c for cancellation of debt. This is a starting point, it's a good idea to run everything by your tax processional to make sure you're meeting the requirements for bad debt with your contact and payment communication."}
{"_id": "353138", "title": "", "text": "\"All of the insurance policies I'm familiar with have different costs for liability vs replacement coverage of the specific item. Typically liability insurance is very cheap by comparison, and is therefore a \"\"must-strongly-consider\"\". Insuring your specific item is up to you, and depends on how badly you'll feel if you lose it to theft or destruction. Even if you choose not to insure your boat for replacement value, don't forgo liability though, for if you hit something expensive, or if someone is severely injured or killed as a result of an action related to your boat, your outlay could be extremely high.\""}
{"_id": "353159", "title": "", "text": "\"You seem to have it right.  Unless you have a big position, having MLP shares in your IRA will not cause you any tax hassles.  Your IRA will get a Schedule K from the MPL (which may be mailed to you), but you won't need to do anything with that unless you're over the UBI limit.  Last I checked, that was $1000, and you probably won't exceed that. UBI in principle needs to be evaluated every year, so it's not necessarily a \"\"one-time\"\" event.  If your IRA does go over the UBI limit, your IRA (not you) needs to file a return.  In that case, contact your custodian and tell them about the Schedule K that you got. See also my answer here: Tax consequences of commodity ETF The question is about commodity ETFs in IRAs, but the part of my answer about UBI applies equally well.\""}
{"_id": "353162", "title": "", "text": "The numbers you provided would just barely make it (depending on taxes where you are), and I'd say there's lots of room to cut expenses back if need be. The big assumption is that your fianc\u00e9 will have a steady income of over $3k/mo take-home. My advice would be to keep your job until you see that as a reality.  That said, getting an education is, imho, the single most important thing you can do. In the long run, it's worth eating ramen noodles and rice and beans for a couple years. It's even worth going into debt. (It took me nearly 10 years to pay off my student loans. No regrets here.) While working your way through school is noble and it's great if you can do it, being able to focus on your studies is what will make it worthwhile.  It sounds to me like you're on the right track."}
{"_id": "353182", "title": "", "text": "The majority of illegal immigrants do not work in the field of agriculture. That being said work visas to fill needed niches such as field farm work can be applied for and permitted so that farmers can have the LEGAL foreign workers they need allowed into the country given any legitimate demonstrated need for that industry. The problem is that then these workers would be much more protected then a class of workers who are essentially illegal immigrants and who do work off the books and out of sight and management of the federal government's ability to track them and if need be offer them actual protections as foreign workers on a visa work permit."}
{"_id": "353186", "title": "", "text": "Should I use the money to pay off student loans and future grad expenses for me? Yes.  The main drawback to student loans is that they cannot be gotten rid of except by paying them off (other than extreme circumstances such as death or complete disability).  A mortgage, car loan, or other collateralized loans can be dealt with by selling the underlying collateral.  Credit card loans can be discharged in bankruptcy. Stop borrowing for college, pay for it in cash, then decide what to do with the rest. Make sure you have a comfortable amount saved for emergencies in a completely liquid account (not a retirement account or CDs), and continue to pay off with the rest.  You might also consider putting some away for your kids' college, so  I want to get my older son into a private middle school for 2 years. They have a hardy endowment and may offer us a decent need based scholarship if we look worthy on paper I have a hard time getting behind this plan with a 238K mortgage.  If you want to apply for scholarships that's great - but don't finagle your finances to look like you're poor when you have a quarter-million-dollar house.  If you want to save some for private school then do that out of what you have.  Otherwise either rearrange your priorities so you can afford it or private school might not be in the cards for you. That said- while it was a blessing to be able to pay off the second mortgage and credit cards, your hesitancy to pay off the student loans makes me wonder if you will start living within your means after the loans are paid off.  My concern is that your current spending levels that got you in this much debt in the first place will put you back in debt in the near future, and you won't have another inheritance to help pull you out. I know that wasn't your question, but I felt like I needed to add that to my answer as well."}
{"_id": "353210", "title": "", "text": "You didn't put what country you're in, so I'll work off the basis you're in the United States. I think you're going to have a very hard time accomplishing what you're talking about after such an extraordinary amount of time.  One has to assume that there would still be records that could be retrieved in order for anyone to determine the amount you'd have to pay, and after 40 years, the paper records would be long gone.  It's possible there might be microfiche somewhere, but I wouldn't have a clue how easy or possible it would be for it to be retrieved.   I assume you're wanting to repay this as a way to boost Social Security or other government benefits in your retirement, but it's really hard to say whether repaying the rebated money would make much, if any, difference.   This is really something you'll have to contact the IRS about, but unless they are trying to collect funds from you that they say you owe then it's highly unlikely they have any record of what you're asking about, and they probably don't even have a mechanism for accepting and crediting such monies.  The real issue here is the amount of time that has passed, because there would be little compelling reason for the government to keep detailed records (they perhaps maintain summaries, but little else) for extended periods.  We all have the impression the government knows all and never forgets, but that simply isn't the case."}
{"_id": "353224", "title": "", "text": "\"Yes, you could sell what you have and bet against others that the stock price will continue to fall within a period of time \"\"Shorting\"\".  If you're right, your value goes UP even though the stock price goes down. This is a pretty darn risky bet to make.  If you're wrong, there's no limit to how much money you can owe.  At least with stocks they can only fall to zero!  When you short, and the price goes up and up and up (before the deadline) you owe it! And just as with stocks, someone else has to agree to take the bet.  If a stock is pretty obviously tanking, its unlikely that someone would oppose your bet. (It's probably pretty clear that I barely know what I'm talking about, but I was surprised not to see this listed among the answers.)\""}
{"_id": "353268", "title": "", "text": "You could walk away from your mortgage.  When you signed the mortgage you and the bank agreed that if you stopped making payments the bank would get the house.  Give them the house.  Of course this would be a huge hit to your credit score and you would probably not be able to obtain another mortgage at a decent rate for at least 7 years.  You may have trouble obtaining other financing as well (i.e. auto loans).  If you plan on moving to an apartment and don't need to finance car purchases this may be OK."}
{"_id": "353271", "title": "", "text": "\"Well, to be fair, it certainly wasn't a priority for the government to oversee account-opening operations at the branch level, and I'm sure if they did there would be deafening noise about overreach.  I'm sure that there could be some productive changes made to the CFPB, but as is a theme among the GOP these days, all they want to do is negate every regulation made since 2008 out of spite--or at least that's what it seems like to me.  This bill goes way too far in the opposite direction and is a danger to the economy--particularly among those of us who chose to leave big banks for smaller banks, who now have carte blanche to gamble in order to \"\"compete\"\" with the big guys. Looks to me like a strategy to discredit smaller banks in the end.\""}
{"_id": "353289", "title": "", "text": "What legal way can I take what I am owed from this guy? The legal ways are for this guy to transfer you the money or give you instructions that will allow you to get the money.  Alternatively you would need to file a civil suite to recover the funds. What illegal way do people use this info if they had it? I don't want to get in trouble, but I'm just curious because you always hear how easy it is. There are quite a few illegal ways. I don't think this is the right forum to discuss this."}
{"_id": "353293", "title": "", "text": "The manual setup of the Netgear extender is bit confusing but if you do not have WPS button then this is the only method left by which you can set up your extender. For the issues related to domain name mywifiext.net, feel free to get in touch with us."}
{"_id": "353322", "title": "", "text": "\"You ask two questions - First - the market value can drop for two reasons (that I know), the company itself may have issues, and investors don't trust they'll be paid, or a general rise in interest rates. In the latter case, there's little to worry about, but for the former, well, that's your decision, you say \"\"the company is in trouble\"\" yet you believe they'll pay. Tough call. Second - yes, when a bond matures, the money appears in your account.\""}
{"_id": "353337", "title": "", "text": "\"Whoa. These things are on two dimensions.  It's like burger and fries, you can also have chicken sandwich and fries, or burger and onion rings.   You can invest in an taxable brokerage account and/or an IRA.  And then, within each of those...  You can buy index funds and/or anything else. All 4 combinations are possible.  If someone says otherwise, take your money and run.  They are a shady financial \"\"advisor\"\" who is ripping you off by steering you only into products where they get a commission. Those products are more expensive because the commission comes out of your end.  Not to mention any names.  E.J.    If you want financial advice that is honest, find a financial advisor who you pay for his advice, and who doesn't sell products at all.  Or, just ask here.  But I would start by listening to Suze Orman, Dave Ramsey, whomever you prefer.  And read John Bogle's book.   They can tell you all about the difference between money market, bonds, stocks, managed mutual funds (ripoff!) and index funds. IRA accounts, Roth IRA accounts and taxable accounts are all brokerage accounts.  Within them, you can buy any security you want, including index funds.  The difference is taxation.  Suppose you earn $1000 and choose to invest it however  Later you withdraw it and it has grown to $3000.  Investing in a taxable account, you pay normal income tax on the $1000. When you later withdraw the $3000, you pay a tax on $2000 of income.  If you invested more than a year, it is taxed at a much lower \"\"capital gains\"\" tax rate.  With a traditional IRA account, you pay zero taxes on the initial $1000.  Later, when you take the money out, you pay normal income tax on the full $3000.  If you withdrew it before age 59-1/2, you also pay a 10% penalty ($300).  With a Roth IRA account, you pay normal income tax on the $1000.  When you withdraw the $3000 later, you pay NOTHING in taxes.  Provided you followed the rules.   You can invest in almost anything inside these accounts: Money market funds. Terrible return.  You won't keep up with the market.  Bonds.  Low return but usually quite safe.  Individual stocks.  Good luck.   Managed mutual funds.  You're paying some genius stock picker to select high performing stocks. He has a huge staff of researchers and  good social connections.  He also charges you 1.5% per year overhead as an \"\"expense ratio\"\", which is a total loss to you.  The fact is, he can usually pick stocks better than a monkey throwing darts.  But he's not 1.5% better!  Index funds.  These just shrug and buy every stock on the market.  There's no huge staff or genius manager, just some intern making small adjustments every week.  As such, the expense ratio is extremely small, like 0.1%.    If any of these investments pay dividends, you must pay taxes on them when they're issued, if you're not in an IRA account.  This problem gets fixed in ETF's.  Index ETF's.  These are index funds packaged to behave like stocks.  Dividends increase your stock's value instead of being paid out to you, which simplifies your taxes.  If you buy index funds outside of an IRA, use these.  Too many other options to get into here.\""}
{"_id": "353362", "title": "", "text": "Yea I'm super confused about why this is being touted as some revenge fantasy on corporate overlords, or something. She was hired to do a job, got paid to do it, and was no longer required to do the job.  I don't still get residual paychecks from my first job out of college, and they don't get to call me up and ask me to do a process analysis- I did my job and now I do another one (for someone else). What obligation does an organization have to an employee beyond a paycheck....?"}
{"_id": "353369", "title": "", "text": "Determine how much you are going to save first.  Then determine where you can spend your money.  If you're living with your parents, try to build an emergency fund of six months income.  The simplest way is to put half of your income in the emergency fund for a year.   Try to save at least 10% of your income for retirement.  The earlier you start this, the longer you'll have to let the magic of compounding work on it.  If your employer offers a 401k with a match, do that first.  If not, consider an IRA.  You probably want to do a Roth now (because you probably pay little in taxes so the deduction from a standard IRA won't help you).   After the year, you'll have an emergency fund.  Work out how much money you'll need for rent, utilities, and groceries when you're on your own.  Invest that in some way.  Pay off student loans if you have any.  Buy a car that you can keep a long time if you need one.  Go to night school.  Put any excess money in a savings account or mutual fund.  This is money for doing things related to housing.  Perhaps you'll need to buy a washer/dryer.  Or pay a down payment on a mortgage eventually.   Saving this money now does two things:  first, it gives you savings for when you need it; second, it keeps you from getting used to spending your entire paycheck.  If you are used to only having $200 of spending cash out of each check, you will fit your spending into that.  If you are used to spending $800 every two weeks, it will be hard to cut your spending to make room for rent, etc."}
{"_id": "353392", "title": "", "text": "\"Remember this gush-a-thon when everything you can buy comes from the Amazon [chaebol](https://en.wikipedia.org/wiki/Chaebol).  Only on this site could there be a cult surrounding a predatory reptile who would make the Rockefellers and JP Morgan squirm.  You've been sucked in again; just like with Saint Elon and the Martyred Steve. Those 'disruptors', putting it to the \"\"man\"\" from their little garages, until they inevitably become what they conquered.\""}
{"_id": "353396", "title": "", "text": "\"Say we have stock XYZ that costs $50 this second. It doesn't cost XYZ this second. The market price only reflects the last price at which the security traded. It doesn't mean that if you'll get that price when you place an order. The price you get if/when your order is filled is determined by the bid/ask spreads. Why would people sell below the current price, and not within the range of the bid/ask? Someone may be willing to sell at an ask price of $47 simply because that's the best price they think they can sell the security for. Keep in mind that the \"\"someone\"\" may be a computer that determined that $47 is a reasonable ask price. Remember that bid/ask spreads aren't fixed, and there can be multiple bid/ask prices in a market at any given time. Your buy order was filled because at the time, someone else in the market was willing to sell you the security for the same price as your bid price. Your respective buy/sell orders were matched based on their price (and volume, conditional orders, etc). These questions may be helpful to you as well: Can someone explain a stock's \"\"bid\"\" vs. \"\"ask\"\" price relative to \"\"current\"\" price? Bids and asks in case of market order Can a trade happen \"\"in between\"\" the bid and ask price? Also, you say you're a day trader. If that's so, I strongly recommend getting a better grasp on the basics of market mechanics before committing any more capital. Trading without understanding how markets work at the most fundamental levels is a recipe for disaster.\""}
{"_id": "353405", "title": "", "text": "Since I haven't seen it in any of the comments so far, there's another reason - automation or obsoletion.  How soon will we no longer need humans to work as machinists? I have no experience with the trade, so I certainly couldn't say. It's natural for labor needs to shift over time, but if they are shifting more quickly, and while shifting are also dwindling, one would imagine that it's more a difficult for a worker to stomach going to another trade school to pick up another trade that won't pay as well and for which the demand may evaporate, since they are less familiar with the prospects of its automation."}
{"_id": "353415", "title": "", "text": "\"Another option you might consider is rolling over some of that 401K balance into a self-directed IRA or Solo 401K, specifically one with \"\"checkbook privileges\"\". That would permit you to invest directly in a property via your IRA/401K money without it being a loan, and preserving the tax benefits. (You may not be able to roll over from your current employer's 401K while still employed.)  That said, regarding your argument that your loan is \"\"paying interest to yourself\"\", while that is technically true, that neglects the opportunity cost -- that money could potentially be earning a much higher (and tax-free) return if it remains in the 401K account than if you take it out and slowly repay it at a modest interest rate. Real Estate can be a great way to diversify, build wealth, and generate income, but a company match and tax-free growth via an employee sponsored retirement account can be a pretty sweet deal too (I actually recently wrote about comparing returns from having a tenant pay your mortgage on a rental property vs. saving in a retirement account on my blog -- in short, tax-free stock-market level returns are pretty compelling, even when someone else is paying your mortage). Before taking rather big steps like borrowing from a 401K or buying a rental property, you might also explore other ways to gain some experience with real estate investing, such as the new crop of REITs open to all investors under SEC Reg A+, some with minimums of $500 or less. In my own experience, there are two main camps of real estate investors: (1) those that love the diversification and income, but have zero interest in active management, and (2) those that really enjoy real estate as a lifestyle and avocation, happy to deal with tenant screening and contractors, etc. You'll want to be careful to be sure which camp you're in before signing on to active investment in a specific property.\""}
{"_id": "353437", "title": "", "text": "I did read the article. I'm very surprised that such a simple and alternative idea was poorly received, but I have a feeling it's because you didn't read my response carefully enough. The 3-5 years which you took to mean the training time, was presented as the commitment in return for free training, which I expected would take around 6-12 months. The candidates suggested would already have Master's Degrees in other fields, and so it's to be expected they'll need around 30-60 hours to train them to an academic level. Full time this should only take a year.   An H1-B visa takes around 6 months to process, and when you factor in the amount of time it takes someone to actually move from a foreign country, it can easily be faster to train than transport. In any case, you could do both while you transition to a training process.  Here's an article on the processes that I am discussing where Peter Capelli is interviewed by the Wharton Business School. The gist of it is that because companies control every aspect of the hiring and job creation process, it is a large part of the fault on their shoulders when they 'can't find the right person.'   http://knowledge.wharton.upenn.edu/article.cfm?articleid=3027  Thanks for playing."}
{"_id": "353467", "title": "", "text": "Think of it this way, if you traveled back through time one month - with perfect knowledge of AAPL's stock price over that period - which happens to peak viciously then return to its old price at the end of the period - wouldn't you pay more for an American option? Another way to think about options is as an insurance policy.  Wouldn't you pay more for a policy that covered fire and earthquake losses as opposed to just losses from earthquakes? Lastly - and perhaps most directly - one of the more common reasons people exercise (as opposed to sell) an American option before expiration is if an unexpected dividend (larger than remaining time value of the option) was just announced that's going to be paid before the option contract expires.  Because only actual stockholders get the dividends, not options holders.  A holder of an American option has the ability to exercise in time to grab that dividend - a European option holder doesn't have that ability. Less flexibility (what you're paying for really) = lower option premium."}
{"_id": "353486", "title": "", "text": "To be fair, I am sure the label will be the one paying for it.  If any of these artists have a new album (or whatever we call them now) it will be worth the dollars.  How much did U2 pay for their commercial and free download on iTunes last year?  The NFL is a business and should be driving as much revenue from as many sources as possible, just like any other business."}
{"_id": "353490", "title": "", "text": "Best banquet halls in Kolkata will have a wedding authority on work force. Invest energy auditing your goals and let the master manage you through the system. The wedding coordinator will enable you to distinguish the measure of the lobby you need, and exercise a nourishment determination. You will wish to consider the extent of the move floor, stage, and head table while deciding wedding halls in south Kolkata."}
{"_id": "353497", "title": "", "text": "I guess it was a bit of a generalisation, I can see in businesses where contacts are important an MBA would be incredibly useful, I'm in online retail (fairly cheap items) and haven't particularly needed contacts, where-as a service industry could highly benefit from the people they met on the course.   I think my problem is more to do with the majority of people who do an MBA, or even maybe just the people I've met. I take your point, because I taught myself to be a better manager, good at customer service, finance etc. and it was a hell of a lot of work, and I'm sure I still have a lot to learn."}
{"_id": "353508", "title": "", "text": "Neither tortilla nor tapas, paella is the dish that is deeply rooted in the Spain\u2019s gastronomy. It makes a great buffet dish for crowds and the spectacular presentation in the large paella pan is a great attraction for hungry diners. Our paella catering services are an extension and expression of who you are and we take that to heart with everything to do to support your event. Our innovative and delicious menus, elegant presentations, and attention to details provide you and your guests the memory of a lifetime. Visit us online here: http://www.vamospaella.co.uk/"}
{"_id": "353520", "title": "", "text": "&gt;Someone remind WalMart this is not 2007 when they were the baddest, biggest company in the country  But....they are...  Their revenue is over quadruple that of amazons, and in 2015 amazon had profits of 596 million, while Walmart had 14.6 *billion*.  So yes, I'd say that Amazon is somewhat of a decent competitor, but Wal-Mart is still *very far* ahead of amazon in all metrics (including having a higher profit margin!) which means - more leverage against amazon."}
{"_id": "353523", "title": "", "text": "&gt;If you define Netflix as an upstart then I can already see that we don't agree on the same premise  I'm not really saying Netflix is an upstart.  But the streaming service didn't really start until 2008.  It took out Blockbuster plus a hundred other brick and mortar stores, and even Walmart gave up on competing against it directly.  In the past 15 years of its life, it's done very, very well against competitors who more than three times as old as it.  &gt;Do you really think Youtube or Netflix will be able to produce a quality show?  I haven't said Youtube or Netflix will be the producers.  They are obviously distributors.  That is my point!  Currently the networks are in this netherworld where they produce a little and distribute some... this will not last.    The creative people will make good stuff with capital backing, then it will be distributed either in a monopolistic manner or over a dozen or more channels.  The quasi wold the networks live in won't last, torrents will see to that.  Monopolistic delivery will depend upon annual payments (monthly subscriptions and ads).  Mass delivery will depend upon per item billing, ads, or viewer input.  &gt;TV will still be around 50 years from now  In the sense you can sit down and turn on a screen and see stuff.  But when I do that, there isn't anything I want to see.  I have to wait or plan on when to sit in front to enjoy myself.  That isn't going to last.  Consumers want stuff on their own schedules, not the networks.  So, there will be unlimited channels of stuff (like the Seinfeld channel).  The only content consumers will plan for is sports and special events (really, more sports).  Sports not live may as well be dead.  Still, the sports content providers will find the internet very profitable, try NFL.com and see what it costs.  &gt;In the end, people do not want to watch cheap low-quality comedy on their iPhones  Actually, people would love to access shows they pay for on any of their devices.  I'd love to be at the gym and see something streamed onto my iphone as effortlessly as on my TV at home or PC in my office.  That's exactly what consumers want.  The streaming service will detect my device and send me an appropriate steam quality... obviously my iphone needs less quality than my 50 inch TV.  &gt; I don't see the logic and destroying TV  No one talked about destroying TV, just that the content providers will be different.  Consumers will still be watching stuff on TV... at home, at the bar, wherever.  It just won't be CNN or NBC like we know them today.  Or, it will be if they figure out how to give consumers what they want.  &gt;people will always consume the cheapest form of entertainment  That's not really true.  Seinfeld was produced fairly cheaply (except actor and writer salaries), go look at some episodes... they look cheap by today's standards.  But cheap production doesn't mean the content is cheap.  If you want Seinfeld... and people want to see him, then you have to pay.  Same for Beatles music (one song in a movie will cost you at least a million dollars).    People want entertaining content.  Howard Stern does well on pay radio.  So does Rush Limbaugh on free radio.  Each has a different business strategy, and each succeeds."}
{"_id": "353546", "title": "", "text": "As an addition to Chris Rea's excellent answer, these tender offers are sometimes made specifically to cast doubt on the current market price. For instance, a large public company that contracts with a smaller supplier or service company, also public, might make a tender offer below market price. The market will look at this price and the business relationship, and wonder what the larger company knows about the smaller one that they don't. Now, what happens when investors lose confidence in a stock? They sell it, supply goes up, demand goes down, and the price drops. The company making the tender offer can then get its shares either way; directly via the offer, or on the open market. This is, however, usually not successful beyond the very short term, and typically only works because the company making a tender offer is the 800-pound gorilla, which can dictate its own terms with practically anyone else it meets. Such offers are also very closely watched by the SEC; if there's any hint that the larger company is acting in a predatory manner, or that its management is using the power and information of the company to profit themselves, the strategy will backfire as the larger company finds itself the target of SEC and DoJ legal proceedings."}
{"_id": "353565", "title": "", "text": "\"Low cost tuition or loan forgiveness is stealing in the same way the government steals from you to build roads, schools, police departments and other social services. That is why I used to term brainwashed because there is a massive propaganda effort that says paying taxes to allow our society to function is theft and immoral so the wealthy can skirt their tax obligations with the support of the lower class. Why don't you get your head of the the sand and look at how other countries do things. Things like single payer health care or low cost/free college are the norm in the developed world and they suffer far fewer societal problems and less inequality as a result. So keep spouting your ignorant \"\"taxes are theft\"\" rhetoric straight from Fox News. It doesn't seem like going to school has done much to enlighten your way of thinking\""}
{"_id": "353583", "title": "", "text": "\"What do you mean by \"\"handful\"\" and \"\"VERY well-funded\"\"?  There are a plenty of HFT shops out there that do just fine.  But what zenwarrior said before about the effect of fund size is especially true for HFT, since market capacity is usually the limiting factor when making trades.\""}
{"_id": "353602", "title": "", "text": "A correction always happens every 10-12 years, but the GDP hasn't been moved because of housing this time, which had never happened before either.  So just a typical correction could happen, like in 1998, and 1988 and the decades before that."}
{"_id": "353608", "title": "", "text": "I wish that were the case. He did things that had one of my own employees done it I would have fired them. He was/is able to act with impunity because his boss just wants things done. He gets them done but there are often problems, things need to be explained upwards and downwards, confusion and resentment ensue and people are not communicated with who have active, relevant roles in things that need to be communicated about."}
{"_id": "353613", "title": "", "text": "Many of the allegations against Uber might be true, and that's terrible. But what about the ones against Taxi drivers? I can't speak for England, but in Latin America you have many more sex assaults in taxis that in Uber drivers (proportionally, of course). Usually these are partial / subjective reports. We need to see all the info in one place to be able to form a good informed opinion.  Usually these servicios (Uber, Grab, Lyft) are banned in those countries where we need them the most."}
{"_id": "353615", "title": "", "text": "It depends on:  In Canada, Ontario, Manitoba, Alberta and Nova Scotia have each enacted legislation to stop gift cards/certificates from expiring. Cards issued before the effective date are still subject to the old rules.  The legislation came into effect: There are several common themes: There are still some unusual exemptions such as mall gift cards in Ontario, Manitoba: Ontario is the first jurisdiction in   Canada to regulate gift cards. [...] Mall cards (e.g. Eaton Centre gift   card) will be covered by the expiry   date ban and the new disclosure rules.   However, these cards can temporarily   maintain their current fee structure   while the provincial government   examines options on how to best   regulate these types of cards. This   will allow more time to develop an   approach that strikes the right   balance for consumers and businesses. For specific details see the appropriate link."}
{"_id": "353625", "title": "", "text": "\"For easy math, say you are in the 25% tax bracket. A thousand deposited dollars is $750 out of your pocket, but $2000 after the match.  Now, you say you want to take the $750 and pay down the card. If you wait a year (at 20%) you'll owe $900, but have access to borrow a full $1000, at a low rate, 4% or so. The payment is less than $19/mo for 5 years.  So long as one is comfortable juggling their debt a bit, the impact of a fully matched 401(k) cannot be beat. Keep in mind, this is a different story than those who just say \"\"don't take a 401(k) loan.\"\" Here, it's the loan that offers you the chance to fund the account. If you are let go, and withdraw the money, even at the 25% rate, you net $1500 less the $200 penalty, or $1300 compared to the $750 you are out of pocket. If you don't want to take the loan, you're still ahead so long as you are able to pay the cards over a reasonable time. I'll admit, a 20% card paid over 10+ years can still trash a 100% return. This is why I add the 401(k) loan to the mix.  The question for you - jldugger - is how tight is the budget? And how much is the match? Is it dollar for dollar on first X%?\""}
{"_id": "353626", "title": "", "text": "Sprachschule Nihao gives you a chance to take in genuine Chinese learning lessons from music recordings, advertisements, news and moving talks. It actually guides you into learning Chinese dialect. Local Chinese content remains in close vicinity, and you'll learn Chinese as it's talked, in actuality."}
{"_id": "353641", "title": "", "text": "Two companies I worked for in the DC area also did WageWorks. The commuting money could be used for the Subway, Bus, and commuter rail. A separate pot of money was used for parking.  We had to estimate the amount of money that would be used the next month. We had to decide by mid-June how much we would spend in July. The money was automatically added to the metro fare card on the first business day of the month. When I first started they put the money on a special debit/credit card that could only be used at commuter system. It would be rejected at the department store. If parking couldn't be paid using a special card, there was a way to claim the money with or without receipts. If the company, like the US Government does for their employees, paid the commuting expenses any excess funds at the end of the month were pulled back from the card. They were just starting to do this in 2012 for employee pre-tax funds. They were supposed to add it to your next paycheck any excess at the end of the month. There was also a way to use post tax funds from your paycheck so that all your commuting expenses could be on one card. Of course any post-tax funds would be left on the card. There was no real way for them to audit this because the system would never know if you were going to work or going to the dentist. I ended up using two cards, one for work and one for non-work usage."}
{"_id": "353653", "title": "", "text": "\"Professional investors managing large investment portfolios for \"\"institutions\"\" -- a college, a museum, a charitable organization, et cetera. I'm not sure whether those managing investments for a business are considered institutional investors or not. The common factor tends to be large to immense portfolios (let's call it $100M and up, just for discussion) and concern with preserving that wealth.  Having that much money to work with allows some investment strategies that don't make sense for smaller investors, and makes some others impractical to impossible. These folks can make mistakes too; Madoff burned a lot of charities when his scam collapsed.\""}
{"_id": "353657", "title": "", "text": "If your question is truly just  What is good growth? Is there a target return that's accepted as good?   I assumed 8% (plus transaction fees). Then I'd have to point out that the S&P has offered a CAGR of 9.77% since 1900. You can buy an S&P ETF for .05%/yr expense. If your goal is to lag the S&P by 1.7%/yr over the long term, you can use a 85/15 mix of S&P and cash, sleep well at night, and avoid wasting any time picking stocks."}
{"_id": "353661", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/994323/economists-say-the-ultra-wealthy-dodging-taxes-far-more-than-we-think/) reduced by 74%. (I'm a bot) ***** &gt; Economists Annette Alstads&amp;aelig;ter, Niels Johannesen, and Gabriel Zucman have taken the data from the two leaks and combined them with unusually detailed income and wealth records in Norway, Sweden, and Denmark to estimate the size and scope of tax evasion.  &gt; The economists&amp;#039; surprising finding: The top.01% of the wealthy in these countries evades about 30% of their respective personal income and taxes, compared to the average evasion rate of 3%. These findings complicate two arguments commonly made by defenders of the status quo: One, that tax evasion is a relatively uncommon practice among the very wealthy highlighted by extreme cases, and two, that tax evasion among lower-income earners-working under the table or failing to declare tips, for example-is more pernicious than the use of offshore banks.  &gt; The researchers think that the results will likely show more tax evasion among the ultra-wealthy in more unequal countries, like the United States.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6etje2/economists_say_panama_papers_and_swiss_leaks_show/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~134702 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **evasion**^#2 **wealthy**^#3 **wealth**^#4 **super**^#5\""}
{"_id": "353662", "title": "", "text": "\"Scenario 1 is typically the better description. If commercial banks were allowed to simply \"\"create\"\" money, they wouldn't be in the mess they're in now. In the U.S., the central bank is the Federal Reserve or Fed, and is the only entity (not the government, not the banks, not the people) that is allowed to create money \"\"out of thin air\"\". It does this primarily by buying government debt. The government spends more than it takes in, and so to come up with the deficit, it issues bonds. The Fed buys a certain amount of these bonds, and simply prints the money (or more realistically authorized the electronic transfer of $X to the Treasury) which the government then spends. That places money in the hands of corporations and the people, who turn around and spend it. However, long-term, the interest charges on money borrowed from the Fed will actually remove money from the economy. The central banks, therefore, have to constantly make marginal changes to various monetary policy tools they have when the economy is just humming along. If they do nothing, then too much of a short-term increase in money supply will result in there being \"\"too much money\"\" which makes an individual monetary unit worth less (inflation), while making money too hard to get will reduce the rate at which it's spent, reducing GDP and causing recessions. The exact scenario you describe is typically seen in cases where the government is running with a balanced budget, and the central bank thus can't give its \"\"new money\"\" to the government to spend when it wants to increase the money supply. In that situation, the central bank instead lowers its lending rate, the percentage interest that it will charge on loans made to other banks, thereby encouraging those banks to borrow more of the money created by the central bank. Those banks will then use the money to make loans, invest in the market, etc etc which puts the money in the economy.  In the U.S., the Fed does have this tool as well, but increases or decreases in the \"\"Federal Funds Rate\"\" are typically used to influence the rate that banks charge each other to borrow money, thus encouraging or discouraging this lending. A lowering in the interest rate makes banks more likely to borrow from each other (and from the Fed but the amount of money \"\"created\"\" this way is a drop in the bucket compared to current \"\"quantitative easing\"\"), and thus increases the \"\"turnover\"\" of the existing money in the economy (how many times a theoretical individual dollar is spent in a given time period).\""}
{"_id": "353667", "title": "", "text": "Yep. Definitely troll.   Deregulation made it possible for anyone to start an airline and then airlines without unions kicked the snot out of unionized airlines. Same plane, same airports, and the flight costs $350 to fly on an airline with unionized employees or $300 to fly on an airline without the unions.   Guess which one the public picked?"}
{"_id": "353669", "title": "", "text": "&gt;Budweiser is one of the highest quality products ever produced.  Don't conflate consistency and quality.   Yes, Budweiser produces an impeccably consistent product, with effectively zero batch variation. And, yes, accomplishing that is tremendously difficult, and it requires a lot of skill. But so what? McDonald's hamburger patties are virtually identical whether you go to a franchise in Alaska or Florida; that doesn't mean they're a quality product. I can use a compass and a ruler to make thousands of perfectly identical stick figures, but I wouldn't be heralded as an artistic genius.  Budweiser is not a quality product. It's just a consistent one."}
{"_id": "353670", "title": "", "text": "I was reading recently that of the top 10 closed-end funds with the highest premium to NAV like half of them were Pimco's. I also think its interesting and funny how Gross and El-Arian are basically espousing completely opposed viewpoints now when they go on shows."}
{"_id": "353674", "title": "", "text": "You could argue that Nokia was overvalued at the time, but I think you're right. As incompetent as Elop was/is, you have to have many tiers of management making strategic mistakes to explain what happened to Nokia.  Their first sin was failing to anticipate how a pocket-computer/smartphone would disrupt the mobile market.   Their second sin was failing to respond to the clear evidence that this was happening in 07/08 with the first iPhones -  think of how rubbish their Symbian OS continued to be until they adopted Windows Phone.  Their third was their failure to accept a future as a mere OEM. Had they started producing flagship android phones, in say 2012, then I believe we wouldn't see Samsung as dominant in the western market as it is now."}
{"_id": "353682", "title": "", "text": "So how do you buy a house in or near Toronto?  What are the numbers? So basically $800,000 for a starter house. Here in the midwest you would need to make $250,000 minimum to qualify for that mortgage. 2.5 time income. Is everyone renting?  I see that in California?    Also rents don\u2019t support the house value in the Bay Area. So basically property managers are renting not for profit but for value growth."}
{"_id": "353689", "title": "", "text": "I guess I was getting at a few things - distributed solar power now is cheaper than utility grid-based power for at least 1/3 of US homes and that ability to lower energy prices is continuing to grow. Electric Vehicles will soon be cheaper and more compelling than gas-powered alternatives. Other forms of electric transport will come over the next 10+ years.  Significant change is coming in electrical production, transmission, and consumption. Climate change is not a hoax and labeling it as such very clearly reflects the lack of any sort of education on the issue. Therefore, yes, my response was emotional."}
{"_id": "353698", "title": "", "text": "I'm a little confused by your question to be honest. It sounds like you haven't sold it to him, but you have a verbal arrangement for him to use the car like it's his. I'm going to assume that's the case for this answer. This is incredibly risky. If you've got the car on credit and he stops paying, or you guys break up... you will be liable for continuing to make payments! If the loan is in your name, it's your responsibility. Edited. The credit is yours. If he decides to stop paying, you're a little stuck."}
{"_id": "353715", "title": "", "text": "I do! What are you trying to explain to me?  The situation (as I understand it) is that GS bought a bunch of PDVSA debt in May, on the secondary market. New sanctions went into effect a few days ago on new debt issued by VZ or entities like PDVSA. So GS did a deal in May that would still technically be allowed today.  It was a dirty move then, and its a dirty move now. But legal.  So, what did I miss?"}
{"_id": "353780", "title": "", "text": "The EU's situation is nothing like the United States.  The core problem there is a monetary union without a fiscal union.  All the member countries were bound to a currency they had no control over, despite the health and resources of their economies."}
{"_id": "353781", "title": "", "text": "This is all going to setup for more issues in banking industry yet the next big time a wells fargo happens, people wont be able to hit them where it hurts, the bottom line.  What a cluster F. I hate both parties but at this stage I want a complete democrat sweep to undue the damage the pres and his party are doing to this country."}
{"_id": "353860", "title": "", "text": "You need to read up on how QE works. Banks are not reinvesting deposits at the Fed in Equities. They are earning interest and sitting there, hence why the velocity of any money supply measure is far below where it used to be."}
{"_id": "353861", "title": "", "text": "I think Reddit has the ability to be a Coca-Cola like brand. Having structural rules of how the website flows, but allowing members to change things to their liking on their subreddits is a good way to stay familiar and seem new.   If they change it they might be altering a hidden core feature for users which might push them away."}
{"_id": "353865", "title": "", "text": "The idea behind investing in index funds is that you will not under perform the market but also at the same time not over perform against the market either. It is meant for those (majority of the investing population) who do not or cannot invest more time in actively researching different investment options. So even considering for a moment that the yields on the index funds will drop significantly in the future, since the fund is supposed to be replication of the whole market itself, the market too can be assumed to be giving significantly lower future yields. In my opinion the question that you ask is confusing/contradictory because, its like pegging the fund performance to an avg and then asking if it will be higher or lower in the future. But rather its always going to be exactly the average, even if the absolute yields turn higher or lower"}
{"_id": "353909", "title": "", "text": "If that condition is permanent -- the stock will NEVER pay dividends and you will NEVER be able to sell it -- then yes, it sounds to me like this is a worthless piece of paper. If there is some possibility that the stock will pay dividends in the future, or that a market will exist to sell it, then you are making a long-term investment. It all depends on how likely it is that the situation will change. If the investment is small, maybe it's worth it."}
{"_id": "353910", "title": "", "text": "The market is competitive and almost every single brand that is trying to scale up in this evolving marketing ecosystem is trying to leverage on new age communication methodologies in order to gain attention from its target audience. In order to get increased limelight and keep on becoming competitive; it is important that they take the help from an expert service provider such as an advertising agency.  For more - http://tradesi.com.au/subcategory/Advertising.htm"}
{"_id": "353911", "title": "", "text": "It does make sense to combine debts and pay off the worst (highest interest rate). However, if you can't get any loan, you should focus on the worst debt and pay that off. Then take the same amount of money you were paying to the next worse debt, and so on until you're clean. Let's look at an example. Debt A is at 5%, Debt B is at 10% and Debt C is at 15%. You are paying AB and C. On a monthly basis, you save 100\u20ac to pay off C. Once C is payed off, you keep on saving 100\u20ac and add whatever you were paying to Debt C to those savings. This way, you can pay off Debt B at an increased rate. When B is cleared, you save 100\u20ac + whatever you were paying to Debt B and Debt C to clear Debt A. That's the theory."}
{"_id": "353915", "title": "", "text": "I use mint.com for tracking my finances.  It works on mobile phones, tablets, and in a browser.  If you don't mind the initial hassle of putting in the credentials you use to access your account online, you'll find that you're able to build a comprehensive picture of the state of your finances relatively quickly. It does a great job of separating the various types of financial transactions you engage in, and also lets you customize those classifications with tags.  It's ad-supported, so there's no out-of-pocket cost to you, and it doesn't preclude you from using the personal finance software you already have on your phone."}
{"_id": "353917", "title": "", "text": "No. Supply takes 5yrs to come on line from planting to harvesting. The issue on the supply side has been twofold: 1) vanilla bean prices have been falling for some time so many farmers switched to other crops, 2) 50%+ of all vanilla bean is grown in Madasgar, which experienced a typhoon, which damaged a bunch of the existing crop. On the demand side, people are switching from artificial flavoring to more natural ingredients, which actually taste much better too.    So, there's a significant demand/supply imbalance which will utilitmately correct but it could take a long time to do so.   My problem is figuring out a viable shorting mechanism as the commodity is not publicly traded and the timeframe is long"}
{"_id": "353926", "title": "", "text": "Yes, you can still file a 1040nr. You are a nonresident alien and were:  engaged in a trade or business in the United States Normally, assuming your withholding was correct, you would get a minimal amount back. Income earned in the US is definitely Effectively Connected Income and is   taxed at the graduated rates that apply to U.S. citizens and resident aliens. However, there is a tax treaty between US and India, and it suggests that you would be taxed on the entirety of the income by India. This suggests to me that you would get everything that was withheld back."}
{"_id": "353931", "title": "", "text": "Yes, but the size and extent of a crime is very important in deciding what to do about it, whether or not it warrants taking resources from other crimes to fight it, or how to legislate or protect against it.  Presenting incorrect data makes it difficult to allocate resources in law enforcement for the best outcomes for society. Getting caught lying about relevant data makes those catching you less likely to take you seriously. Never cry wolf, after all."}
{"_id": "353975", "title": "", "text": "No. There is no incentive for the card issuer to permanently loan you money for free (Even though they make a small amount of money with every transaction). Yes, there are many credit cards that offer introductory 0% APR, often lasting for a year, some even two years. In theory, you could keep applying for new cards with these terms, and continually transfer the balance to the new card (Though you would probably incur a fee for doing so)."}
{"_id": "353980", "title": "", "text": "\"The biggest (but still temporary) ding you'll see on your credit score from opening a new account is from the low average (and low minimum) account age.  This will have a stronger effect than the hard pull of the credit report, which is still a factor (but not much of one if you only have 1-2 pulls in the past couple years).   Having a lower average account age increases your risk to lenders.  Your average will go up by one month per month, and each time you open an account it will suffer a drop proportional to the number of accounts you already had open before.  So if you want to have a more \"\"solid\"\" credit score that stays strong in the face of new accounts in the future, it's better to open a few more accounts now (assuming you can ride out the temporary drop in score and aren't planning to go e.g. mortgage-shopping in the very near future).   Having an additional line of credit will also likely cause your credit card utilization (total balance / total credit limit, expressed as a percentage) to decrease, which would tend to increase your credit score, counteracting the age factor, unless your utilization is already extremely low (which it probably is given your monthly account payoffs).  There are various credit score simulators out there, from places that show you your credit score, and you can put in a hypothetical new card account to see the immediate likely impact for your particular situation.   You identified other costs, such as risk of fraud and fees.  You should check your statements once in a while even if you're not using the card, just to make sure no one else is.  The bit of additional time required for this is a nonzero cost of having an open credit card account.  So is the additional hassle of dealing with having the card stolen etc. if you carry it in your wallet and your wallet's stolen. If you have an account with zero activity for some number of years, the bank may close it automatically and that can reflect negatively on a credit report (as a bank closure of the account, the reason is often obscured).  Check your terms and conditions and/or have some activity every so often to prevent this from happening.   Some of the otherwise most attractive credit cards have monthly or annual fees, which will cost you, and you won't want to close those because it would then reduce your credit score (e.g. by reducing the total available credit and increasing your utilization percentage) - so the solution is don't apply for credit cards that have monthly/annual fees.  There are plenty of good cards without those fees. With a credit score that high, you can get cards that have some very good benefits and rewards programs, as well as some with great introductory offers.  Though I'm not familiar with details of Amazon's offer, $80 cash up-front with nothing else seems unlikely to be among your best options.  I would think that for at least some of the fee-free cards available to you, the benefits exceed the costs, and you could \"\"cash in\"\" some of the benefits of your good credit record to get those benefits (i.e. this is one of those things you work hard to build good credit for), while also building your long-term reputation for repayment reliability.   Also be aware as you shop around for cards that credit card companies pay fairly high referral fees to websites that send customers their way, so if you want you can think about who you're supporting when you click the link that takes you to an application you complete, and choose to support a site you think is providing a useful consumer-focused service.   As factors affecting your credit score in addition to payment history (i.e. making regular payments as agreed on the new account will help you), Equifax lists:\""}
{"_id": "354006", "title": "", "text": "\"The difference between TMUSP and TMUS is that the \"\"with P\"\" ticker is for a TMobile Preferred Stock offering.  The \"\"without P\"\" ticker is for TMobile common stock.  The difference between the apparent percentage yields is due to Yahoo! Stock misreporting the dividend on the preferred stock for the common stock, which has not paid a dividend (thanks Brick for pointing this out!) Preferred stock holders get paid first in the event of liquidation, in most scenarios they get paid first.  They sometimes get better returns.  They typically lack voting rights, and after a grace period, they may be recalled by the company at a fixed price (set when they were issued). Common stock holders can vote to alter the board of directors, and are the epitome of the typical \"\"I own a trivial fraction of the company\"\" model that most people think of when owning stocks. As the common stock is valued at much less, it appears that the percent yield is much higher, but in reality, it's 0%.\""}
{"_id": "354010", "title": "", "text": "Centre For Laptops offer very reliable laptop services for all types of brands of laptops and computers by the trained personnel. Centre For Laptops provides best DELL Laptop Repair And Services In Delhi. Centre For Laptops use the latest methods of diagnosing to find the hardware and software issues. For more details, Visit: http://centreforlaptops.com/"}
{"_id": "354058", "title": "", "text": "no this is just a problem with the police union. They are incredibly corrupt and in bed with their corrupt political class who all like to have motorcades and be seen heading a small team of heavily armed thugs on their photo-ops.   no mayor can fight the police unions and guarantee their personal safety or public trust when cop unions can and will deliberately sabotage law and order in the city to make a point.   Certain jobs can't be safely unionized. A military union would just as fucking crazy to imagine.   Public servants ought to be public servants... It's not just another job and they need to be respected and taken care of."}
{"_id": "354067", "title": "", "text": "No, I don't have to 'deal with it'. In fact, there's a whole class of people who refuse to 'deal with it' and simply structure their businesses so that their profits are untaxable and accumulate in fun places like Bermuda where thieves such as yourself can't touch it. You might want to consider that perhaps the world would be a better place if you and yours learned to take care of your own rather than expecting others to do it for you."}
{"_id": "354075", "title": "", "text": "Actually there has been lots of talk around using a TFSA (Tax Free Savings Account) in Canada for just that purpose.  A TFSA allows you: This blog makes some good points about exactly that: The bestest thing about the TFSA is its flexibility. You can take money out of your TFSA at any time for any purpose, without losing the contribution room, which makes this account the number one choice for socking away an emergency fund. So even if you take money out in one year, you can put it back the next, without affecting that year\u2019s $5,000 contribution limit."}
{"_id": "354102", "title": "", "text": "&gt;The days of the secrecy regime are long gone and continued success is based on respected levels of regulation, strong legal protection, and access to international investment opportunities. Tax information is automatically shared with nearly 30 states including the United Kingdom, France, Canada and the United States. In today\u2019s world a financial centre\u2019s reputation is a key factor in success.  Good thing governments like Sudan and Zambia doesn't have the clout that the OECD countries do in shutting down blackmoney and tax havens for people trying to dodge their taxes. I'd imagine quite a comfortable living could be made with just black money from the developing world.   This is a PR piece for the Cayman Islands."}
{"_id": "354103", "title": "", "text": "It's safe. You give people those numbers every time you write a check.  If a check is forged, and doesn't have your signature on it, the bank has to return the money to you; they get it back from the other bank, who takes whatever action it deems necessary against the forger. They've been doing this for a few hundred years, remember."}
{"_id": "354109", "title": "", "text": "Well they\u2019re working on UI and not actual Waymo tech so yeah who cares. Once Apple OS is running in 40% of new self-driving vehicles in 10 years, I doubt my fellow shareholders will be crying too much."}
{"_id": "354116", "title": "", "text": "This article might help:   https://www.law360.com/articles/733853/good-news-for-foreign-investors-in-us-defense-industry  It appears it's the responsibility of the defence contractor to prove it's not under foreign influence or control if they want to keep their security clearance, the loss of which would likely put them out of business as a defence contractor.  So if I understand correctly, there's nothing (aside from money) stopping me, a foreigner, from owning a huge chunk of a US defence contractor. They just won't listen if I try to tell them what to do. If I try and force them to do what I say, the US Department of Defence will get angry and I'll lose all the money I invested."}
{"_id": "354117", "title": "", "text": "Yes, but only because the US had a huge crash. Other economies have, in the absence of any credible *real* growth strategy, continued pumping housing.  I still think student debt will erode incomes further as it's simply pulling forward demand that will drag on incomes later. When nearly everyone has a degree then nearly everyone doesn't get paid much more for having one.  By the same principle of supply and demand all the boomer downsizing vs impoverished 30-something lack of upsizing will mean prices will fall."}
{"_id": "354128", "title": "", "text": "Well, you sure do sound confident, so is there any chance you could cite a source? I'm in SF, and have followed the controversy here over the last few years, and I can tell you no one involved\u2014taxi drivers, taxi companies, the ridesharing companies, the passengers, the anti-gentrification protesters, and the government\u2014considers the ridesharing companies to be taxis."}
{"_id": "354135", "title": "", "text": "I think that insurance is one of the best things ever created for this reasons:"}
{"_id": "354136", "title": "", "text": "\"This answer is applicable to the US.  Similar rules may hold in some other countries as well.   The shares in an open-ended (non-exchange-traded) mutual fund are not traded on stock exchanges and the \"\"market\"\" does not determine the share price the way it does for shares in companies as brokers make offers to buy and sell stock shares. The price of one share of  the mutual fund (usually called Net Asset Value (NAV) per share) is usually calculated at the close of business, and is, as the name implies, the net worth of all the shares in companies that the fund owns plus cash on hand etc divided by the number of mutual fund shares outstanding. The NAV per share of a mutual fund might or might not increase in anticipation of the distribution to occur, but the NAV per share very definitely falls on  the day that the distribution is declared. If you choose to re-invest your distribution in the same fund, then you will own more shares at a lower NAV per share but the total value of your investment will not change at all.  If you had 100 shares currently priced at $10 and  the fund declares a distribution of $2 per share, you will  be reinvesting $200 to buy more shares but the fund will be selling you additional shares at $8 per share (and of course, the 100 shares you hold will be priced at $8 per share too.  So, you will have 100 previous shares worth only $800 now + 25 new shares worth $200 for a total of 125 shares at $8 = $1000 total investment, just as before. If you take the distribution in cash, then you still hold the 100 shares but they are worth only $800 now, and the fund will send you the $200 as cash. Either way, there is no change in your net worth. However, (assuming that the fund is is not in a tax-advantaged account), that $200 is taxable income to you regardless of whether you reinvest it or take it as cash. The fund will tell you what part of that $200 is dividend income (as well as what part is Qualified Dividend income),  what part is short-term capital gains, and what part is long-term capital gains; you declare the income in the appropriate categories on your tax return, and are taxed accordingly. So, what advantage is there in re-investing? Well, your basis in those shares has increased and so if and when you sell the shares, you will owe less tax. If you had bought the original 100 shares at $10 and sell the 125 shares a few years later at $11 and collect $1375, you owe (long-term capital gains) tax on  just $1375-$1200 =$175  (which can also be calculated as $1 gain on each of the original 100 shares = $100 plus $3 gain on the 25 new shares = $175). In the past, some people would forget the intermediate transactions and think that they had invested $1000 initially and gotten $1375 back for a gain of $375 and pay taxes on $375 instead. This is less likely to occur now since mutual funds are now required to report more information on the sale to the shareseller than they used to in the past. So, should you buy shares in a mutual fund right now? Most mutual fund companies publish preliminary estimates in November and December of what distributions each fund will be making by the end of the year. They also usually advise against purchasing new shares during this period because one ends up \"\"buying a dividend\"\".  If, for example, you bought those 100 shares at $10 on the Friday after Thanksgiving and the fund distributes that $2 per share  on December 15, you still have $1000 on December 15, but now owe taxes on $200 that you would not have had to pay if you had postponed buying those shares till after the distribution was paid. Nitpickers: for simplicity of exposition, I have not gone into the detailed chronology of when the fund goes ex-dividend, when the distribution is recorded,  and when cash is paid out, etc., but merely treated all these events as happening simultaneously.\""}
{"_id": "354159", "title": "", "text": "If any Euro countries leave the Euro, they will have to impose capital flow restrictions - it's a given, to avoid a complete implosion of the entire system.    The idea of retroactive controls is very interesting - this may be one of the first times in a currency collapse that such a system would be feasible (i.e., both the country being fled from and the countries being fled to are under common control).   No doubt they would try such a thing if they thought they could get away with it."}
{"_id": "354176", "title": "", "text": "I'm not sure if GM fits with other companies that reduced quality to increase profits.  GM had to reduce quality because they are/were overpaying their labor, were stuck in expensive pension payments and were broke.      It seems more like they reduced quality get out of bankruptcy."}
{"_id": "354188", "title": "", "text": "\"I'm so sick of hearing the words \"\"bipartisan politics.\"\"  As soon as those words enter into any conversation about something that needs to be done, both sides fuckey around and nothing gets done. Fuck bipartisan politickin assholes.\""}
{"_id": "354192", "title": "", "text": "That was a super obvious jab at the reason why hard disk games maintain their relavence. Moreover, noone ever said it was steaming?!? Of course it's a download. How did you interpret that comment the way you did? Are you out for blood today on reddit?"}
{"_id": "354196", "title": "", "text": "\"I agree with you that this is the \"\"human\"\" reaction, but supposedly the people running these companies are supposed to be amazing businessmen, hence the reason they're making beaucoup bucks on top of billion dollar businesses.  I've run smaller, yet still million dollar businesses before, and while there have been tough times where we've had to take damage control measures before, we sure didn't do that while completely ignoring the cause of the problem, nor the future as it was likely to be.  To do otherwise is simply myopic, as the music industry is finally beginning to find out.\""}
{"_id": "354234", "title": "", "text": "They've been around long enough now for there to be past performance figures you can google for. I think you'll find the results aren't very encouraging. I personally don't think there's a huge risk that the robots will lose all your money, but there's every reason to expect they aren't likely to perform better than traditional managers or beat the market. At the end of the day the robots are employing a lot of analysis and management techniques that traditional managers have been using, and since traditional managers use computers to do it efficiently there's not much gain IMO. Yes in theory labour is expensive so cutting it out is good, but in practise, in this case, the amount of money being managed is huge and the human cost is pretty insignificant. I personally don't believe that the reduced fees represent the cost of the human management, I think it's just marketing. There might be some risk that the robots can be 'gamed' but I doubt the potential is very great (your return might in theory be a fraction of a percent less over time because it's going on). The problem here is that the algorithms are functionally broadly known. No doubt every robo adviser has its own algorithms that in theory are the closely guarded secret, but in reality a broad swath of the functional behaviour will be understood by many people in the right circles, and that gives rise to predictability, and if you can predict investment/trading patterns you can make money from those patterns. That means humans making money (taking margin away) from the robots, or robots making money from other robots that are behind the curve. If robo advisers continue to take off I would expect them to under perform more and more."}
{"_id": "354236", "title": "", "text": "\"&gt; What's their performance been like in recent years?  IIRC the last time they were able to pay a dividend was in 2000, so I'm gonna go with \"\"not great\"\".   Thanks a lot for the effort, I didn't factor in tax at all, it makes more sense then. I still think it's an interesting concept that shares are worth less than what you \"\"get\"\" for them (according to their accountants, who knows what the value actually would be if you tried to sell whatever they own now), and I found basically nothing on google. The whole is usually more than the sum of its parts, not (significantly) less.\""}
{"_id": "354251", "title": "", "text": "&gt;  Right now, with an exception made for extreme weather, basically every country on earth produces enough food to feed its citizens.  No. The middle east in particular is super sensitive to production changes in Europe  https://www.reuters.com/article/us-food-trade-idUSKBN0M92CG20150313"}
{"_id": "354255", "title": "", "text": "Will I able to put the Rs amount back in the NRE account the same amount which I have paid against that house? If you have purchased the property by debiting an NRE account [you should have the paper trail], the same amount of funds can be transferred back to NRE Account. For example the house was for 50 lacs, and you paid Rs 30 lacs from NRE account, when you sell the house, you can transfer back only 30 lacs into the NRE account. Will I need to pay TAX on NRE account money before transferring out of India? You need not pay tax on the funds in NRE account. However if you have made gains by buying and selling a house [irrespective of the source of funds], you have to pay capital gains tax."}
{"_id": "354257", "title": "", "text": "\"All other factors being equal, owning your primary residence is almost always a good investment over the long haul. Why? Because you have to live somewhere, and rentals, especially long-term leases that are important when you have kids in school, etc.,  are generally in the same ballpark as a mortgage in most markets. Giving $1,500 to a landlord gets me 30 days of living somewhere. Giving $1,500 to the bank gets me a place to live and equity in an asset which requires maintenance, but always has intrinsic value.  Detroit is one extreme, Manhattan or Silicon Valley is another real estate extreme... everywhere else is somewhere in the middle. What isn't always a good investment is speculating in highly elastic \"\"investment property\"\" like vacation condos as an amateur. It's a cyclical market, but our attention spans are too short to realize that. As most of the other answers to this question indicate, people tend to be down in the dumps and see all of the problems with real estate when the market is not very good. Conversely people only see the upside and are oblivious to problems when the market is high.\""}
{"_id": "354258", "title": "", "text": "&gt;I find that TV quality has taken a real nose dive in the last 10-15 years.  You are watching the wrong stuff. TV is in a Golden Age.   This is a list of good Dramas that aired this year alone:   Boardwalk empire  Boss   Breaking Bad   Game of Thrones  Homeland  Justified   Mad Men  Shameless  Sons of Anarchy   Walking Dead  There are dozens of decent shows, in addition plus a few gems on broadcast.   There has never been a better time for TV than now. The quality and creativity of TV now outshines the movie industry."}
{"_id": "354267", "title": "", "text": "&gt;  My town has less than 150k people and for the eclipse we are predicting a million visitors in the area.  On past history this estimate could be right (although 1m seems like a lot) or it could be wildly inaccurate.  During the 1999 eclipse there were areas in Cornwall that were gridlocked with traffic and planned events that saw hardly any attendance; visitors to Lake Balafon in Hungary had to watch it from a traffic jam.  https://en.wikipedia.org/wiki/Solar_eclipse_of_August_11,_1999"}
{"_id": "354280", "title": "", "text": "\"Usually the new broker will take care of this for you. It can take a couple of weeks. If you are planning to go with Vanguard, you probably want to actually get an account at Vanguard, as Vanguard funds usually aren't \"\"No Transaction Fee\"\" funds with many brokers. If you are planning to invest in ETFs, you'll get more flexibility with a broker.\""}
{"_id": "354283", "title": "", "text": "Some of those could be bubbles since they violate price-rent metric.    maybe or maybe not.   People parking money is not necessarily a bubble if the money stays parked.  I look at overseas real estate and some areas will never have prices anywhere near in line with incomes because they are global markets.  locals couldn't dream to afford to own their own property."}
{"_id": "354291", "title": "", "text": "There is no reason to ever do DCA. You'll notice that no asset managers would ever dream of it. You should invest your money as soon as you get it. Throughout history, this is the utility maximizing choice.   The market rises on average. Why would you keep money out of it?"}
{"_id": "354298", "title": "", "text": "As of now you are doing that. When you start earning larger sums of money, you will not withdraw and keep it in your house. You will leave it in the bank and they will earn money on it( By lending it out at a higher interest rate). When you are broke, that same bank will offer you a credit card or some other instrument that will help you survive. They will charge you money on that and make interest of you. When you have too much money and you start wiring money they will charge you a wire transfer fees. There are more than 500 ways in which banks make money off you. If you plan receiving $100 and $250 all your life and withdraw it immediately and don't plan doing anything else all your life, then you will probably not let the bank make any money off you. However, there are a very few people like that and banks barely lose anything accepting those customers."}
{"_id": "354314", "title": "", "text": "I am assuming this is USA. While it is a bit of a pain, you are best off to have separate accounts for your business and personal.  This way, if it comes to audit, you hand the IRS statements for your business account(s) and they match your return.   As a further precaution I would have the card(s) you use for business expenses look different then the ones you use for personal so you don't mess another one up."}
{"_id": "354350", "title": "", "text": "Finally women in a male dominated industry are calling out what is fact. I have worked in finance all of my life and I have seen appalling acts of sexual discrimination/harrassment against women. I am happy to see the culture in Silicon Vally expose the truth."}
{"_id": "354351", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.dailymail.co.uk/news/article-4742712/Why-chickens-washed-chlorine.html) reduced by 93%. (I'm a bot) ***** &gt; There is no legal requirement to wash US chickens in chlorine or other disinfectants, but 97 per cent of its birds are cleaned in this way after slaughter.  &gt; Jim Sumner, president of the US Poultry &amp; Egg Export Council, said US chickens are treated humanely and are only washed with chlorine to make them &amp;#039;extra safe&amp;#039; for consumers because it guards against food poisoning bugs.  &gt; Supporters of chlorine-washed chicken point out both the US and European food safety authorities have declared the chemicals used to wash chickens in the States do not pose any risk to human health.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qi0kj/too_fat_to_stand_and_their_flesh_rots_while/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~179191 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **chicken**^#1 **farm**^#2 **poultry**^#3 **birds**^#4 **food**^#5\""}
{"_id": "354357", "title": "", "text": "In Germany ARD/ZDF (German equivalent of BBC) have a budget of 38.51bn\u20ac per year for their television programs. But that includes investigative news programs, regional news and stuff like that. Not sure if that is something Netflix will ever get into."}
{"_id": "354383", "title": "", "text": "Any kind of savings account is a passive income stream."}
{"_id": "354398", "title": "", "text": "Being from outside the US and the media's bias towards Obama, you probably see more of Romney's screw-ups than Obama's.  Trust me, Obama has had some major gaffes when not reading from a teleprompter.  Example: the only news I've seen reported on the major networks about Julia Gillard, is when she tripped on her heels a few weeks ago, unfortunately this is what the media thinks we need to see rather than actual news events."}
{"_id": "354409", "title": "", "text": "The point of title insurance is that when you buy a house, it is possible that you may eventually find out that the seller didn't actually own the property - either because they were trying to deceive you, or some transfer of ownership in the past wasn't carried out properly. If that happens you can find yourself with no house, and still owing the mortgager the purchase price. Hardly anybody can afford to take that kind of hit, which is why you need some form of protection against it. The traditional way of doing this was to get a lawyer to do a title search, in which they check that everything in order. However this costs tens of dollars at least to do the work for every sale, and hardly ever finds anything. Title Insurance is a company volunteering to take the hit for you if there turns out to be a problem, in return for a payment of less than the title search would cost. In essence they are saying that it's cheaper to take the risk than do the work. What are the statistics? This report seems to indicate that payout is around 5% of premium, but title insurance is a one-off premium and the payout can theoretically happen many years down the line. However it is almost certain that the insurance companies have done the math and believe that selling this insurance will be profitable for them, so they believe that payouts are going to be substantially less than 100%. Is title insurance worth it for you? If the payout is 5% of premiums, the in a purely statistical sense it is not worth it. You would on average gain more by not taking it. However that is true of almost all insurance. The policy is there to protect you in the unlikely but not impossible event where you would otherwise lose a huge amount of money. Unless you can afford to lose the value of your house, you need some form of protection. We've already seen that the only other form of protection is a title search, and they cost more. The other issue is that if you are taking a mortgage, your mortgager will absolutely insist that you have either a title search or title insurance. There is no other way - and title insurance is the cheaper of the two. In this case it is best to look on the title insurance as simply a cost of doing business. It's irrelevant whether it's worth it or not - you can't do the transaction without it."}
{"_id": "354421", "title": "", "text": "\"&gt; in a market, you can only gain a \"\"monopoly\"\" by giving the customers the most value  You get a monopoly by destroying your competition. Microsoft is a good example of how a company with market dominance can squeeze out competition. This isn't some old-timey problem that's fed to us in some grand conspiracy by the public schools.   If I choose not to buy from Comcast, how does that give me power over them? They're the only player in town, so everyone else pays them regardless of what I do.  I think you're just disappointed in the people who are elected. But individuals have much more power over elected officials than they do corporations.\""}
{"_id": "354429", "title": "", "text": "\"&gt; From what I understand, the prices of futures are decided after the parties \"\"discover\"\" the price they think is appropriate for the underlying asset after some time.   What do you mean by that? The price you buy a futures contract at in the market is the price you get.  The concept of price discovery doesn't always apply as directly to derivatives as it does to equities. When you buy a futures contract not only are you aiding price discovery for the underlying asset, you're also signaling the value of tangible things like storage, weather, and transportation costs as well as intangibles such as future macroeconomic events, global policy decisions, etc.  Also consider that derivatives markets have significant percentages of market participants who are hedgers. The classic example is a farmer who's going to be harvesting his corn in Oct/Nov but wants to \"\"lock in\"\" the price of his corn right now. So he can sell futures contracts (for delivery any time after Nov) at whatever they happen to be priced at currently in the market. Maybe he sells Dec contracts for 400 (400 cents per bushel, 5k bushels per contract assuming he's based in the US and trading these at [CME](http://www.cmegroup.com/trading/agricultural/grain-and-oilseed/corn_contract_specifications.html)). Whatever happens to the price of corn between now and December, he knows he can deliver his corn for $4/bushel.\""}
{"_id": "354430", "title": "", "text": "&gt;Obama said he didn't build it  Obama said he didn't build the roads that his workers drive to work, and he didn't build the schools that educated them so they're not idiots, he didn't build the police that keep his possessions safe.  That's what Obama said.  And that's what the god damn taxes are for."}
{"_id": "354434", "title": "", "text": "If you're refinancing a conforming (Fannie Mae or Freddie Mac) mortgage, don't go with an FHA. Try a HARP refinance, which won't increase your mortgage insurance even if your home has lost value. HARP also limits the risk-based pricing adjustments that can be charged, so your rate should be very competitive. With an FHA mortgage, even once you get the loan-to-value ratio down to 80 percent, you still have mortgage insurance for several years, plus the upfront costs. In your case, I think it's a bad deal."}
{"_id": "354475", "title": "", "text": "Should be able to do so.  I'm also toying around with the idea of buying the winner 3 months of Reddit Gold, as a prize.  Will have to confirm with the banker (wife) first.  Also if this does well we might change it up for the next game.  $5,000 and enable penny stocks, or something similar.  The previous winner would have Reddit Gold until the next game is up.  Seems like a fitting prize."}
{"_id": "354477", "title": "", "text": "No, index arbitrage desks typically aimed to profit from arbitrage opportunities between index derivatives (mostly futures) and the underlying. The desk I worked at was a market making one that provided customers exposure to their index of choice. Inventory management was one of the things we did, but not the main, or only one. Also, names for the desk varied across different banks on the street."}
{"_id": "354490", "title": "", "text": "If not Target, then who is the party who is and ought to be most knowledgeable about the details and outcomes of the promotion?  In my view, they did choose to honour it when they let the promotion run a second time with the exact same set of rules, with full knowledge of the slickdeals thread.   If they had any opposition at all, they would have stopped the promotion, minted new coupons with unique codes, sent down new policy to retail management, or programmed the tills not to allow the purchase of gift cards with gift cards.   If you disagree that all the above signifies consent, then fine. Target was negligent and now they are paying for it. Satisfied?"}
{"_id": "354491", "title": "", "text": "&gt;If you want socialized health-care then fine, advocate for the government providing this service directly. Attempting to get 'health-care for free' by mandating businesses pay for it is simply a wrong-headed way to go about it that guarantees less employment and less health-care for the poor.  Funny, I seem to recall that being what the left was advocating for... guess who didn't like that idea? If you said conservatives and the business community, you are right!"}
{"_id": "354511", "title": "", "text": "\"Costco does indeed pay its employees well, and is modest in terms of executive compensation, but make no mistake: they aren't selling chickens for $5 out of the goodness of their hearts.  The Costco setup doesn't lend itself for consumers to \"\"pop in and out\"\" (i.e. their locations, both physical and the actual store layout/mass aren't conducive to quick trips).  Costco sells dirt-cheap rotisserie chicken (and even pizza, hot dogs, etc.) to spur members to make a quick trip, and turn that into a larger purchase.  They do a lot of things the \"\"right\"\" way as a company, but these are deliberate business strategies.\""}
{"_id": "354522", "title": "", "text": "I would argue that the pace of technological change isn't so great as to prevent people with obsolete skills to get reeducated/retrained and be able to have other careers. Many proponents of UBI say that technological change is so fast that being reeducated is pointless."}
{"_id": "354549", "title": "", "text": "\"I've picked up loads of interesting and cool items from Aliexpress. Few computers, amplifiers, DAC's, electronics components and so forth. So far it's literally been \"\"you get what you pay for\"\", the really cheap stuff was really cheap, the things I paid more for were better quality. If you are careful you can find some gems, or a shipping container full of fidget spinners for $5000K.\""}
{"_id": "354551", "title": "", "text": "I wouldn't recommend trying to chase a good return on this money.  I'd just put it into a savings account of some sort.  If you can get a better interest rate with an online account, then feel free to do that.  I'd recommend using this money to pay for as much of college out of pocket as you can.  The more student loans you can avoid, the better. As @John Bensin said, trying to make money in the stock market in such a short time is too risky.  For this money, you want to preserve the principal to pay for school, or to pay down your loans when you get out. If you find you have more money than you need to finish paying for school, then I'd suggest setting some aside for an emergency fund, setting aside enough to pay your loans off when you're out of school, saving for future purchases (house, car, etc), and then start investing (maybe for retirement in a Roth IRA or something like that)."}
{"_id": "354553", "title": "", "text": "That is kind of the point, one of the hopes is that it incentivizes banks to stop storing money and start injecting it into the economy themselves. Compared to the European Central Bank investing directly into the economy the way the US central bank has been doing. (The Federal Reserve buying mortgage backed securities) On a country level, individual European countries have tried this before in recent times with no noticeable effect."}
{"_id": "354559", "title": "", "text": "What you are asking about is called Interest Rate Parity. Or for a longer explanation the article Interest Rate Parity at Wikipedia.  If the US has a rate of say zero, and the rate in Elbonia is 10%, one believes that in a year the exchange rate will be shifted by 10%, i.e. it will take 1.1 unit of their currency to get the dollars one unit did prior.  Else, you'd always profit from such FOREX trades.  (Disclaimer - I am not claiming this to be true or false, just offering one theory that explains the rate difference effect on future exchange rates."}
{"_id": "354560", "title": "", "text": "I've had loans from B of A and Wells Fargo, and both have always been quick to correct any mistakes and work with me on any problems.  I think it may be partly due to the fact that I understand the problem, can clearly tell them what I expect, and I treat them like an equal that would want to help fix the problem.  Some people seen to always have problems, and others seem to never have them.  I believe there is a reason for that."}
{"_id": "354563", "title": "", "text": "\"It's a popular saying for a reason:  \"\"There's no such thing as bad debt. Only a bad price.\"\"  This isn't the first time they've defaulted and reissued bonds and it won't be the last. Actually, I think this is number 4.   In any case, no one is forcing anyone to buy. I see no reason why Argentina shouldn't give it a shot. They just shouldn't be surprised when no one wants to even wipe their ass with them. Just because one issue is tied up in legal battles doesn't mean you have to stop raising capital. Seems SOP to me, I don't know.\""}
{"_id": "354565", "title": "", "text": "Good point on gym memberships. I've known people who pay $5 per month at the gym but never go because they don't feel like they are wasting too much money. Now compare that with someone who's paying $40 or more, they want to get their money's worth so they go more often."}
{"_id": "354571", "title": "", "text": "I like Wendy's food but the 3 restaurants in my town have horrible service. 8.63 times out of 10 when I go through the drive-thru they mess something up. The worst case was ordering 2 jr bacon cheeseburgers. They put everything but the hamburger patties on them."}
{"_id": "354579", "title": "", "text": "2 brands of ketchup are required: Heinz and house brand. Mustard is similar, but with French's and house brand. 2 options is all you need, one that tastes good and the other that's cheap as possible. I don't even know if Trader Joe's has house brand, so that makes it hella easier."}
{"_id": "354618", "title": "", "text": "Great question.  First, my recommendation would be for you to get a card that does not have a yearly fee. There are many credit cards out there that provide cash back on your purchases or points to redeem for gift cards or other items. Be sure to cancel the credit card that you have now so you don't forget about that yearly fee. Canceling will have a temporary impact on your credit score if the credit card is your longest held line of credit.  Second, it is recommended not to use more than 20% of all the available credit, staying above that line can affect your credit score. I think that is what you are hearing about running up large balances on your credit card. If you are worried about staying below the 20% line, you can always request a larger line of credit. Just keep paying it off each month though and you will be fine.  You already have a history of credit if you have begun paying off your student loans."}
{"_id": "354621", "title": "", "text": "\"How many of you enjoyed your first job out of your undergraduate studies? Have any of you switched careers before completing a \"\"standard\"\" year because you didn't like it?  I'm doing some really fun stuff in my current internship, there is a lot that I enjoy, and I'm a lot luckier than most - but I can't see myself doing this job for more than a year (if I'm even given an offer).\""}
{"_id": "354629", "title": "", "text": "Once you accept payment for an insurance claim, the insurance company has discharged its obligation to you.  You could burn the money in a barrel and they would not care.  There is no expectation or requirement that you repair or restore the insured item.  You can do whatever you wish with the money."}
{"_id": "354631", "title": "", "text": "\"&gt; It costs money to host a website.  A technical problem with existing solutions. P2P moves terabytes of data every day in the conspicuous absence of money changing hands. If advertising is somehow 100% necessary for the client-server model, kill 'em both.   The websites I like most don't even make anything. Reddit is all about comments from you guys. Image sites are all about artists. Youtube is all about some weirdo making mud huts. Each site on the web only provides a reliable point of exchange for user-generated files. Site owners demanding compensation for \"\"their\"\" content is an invitation to asking who controls the means of producing content.\""}
{"_id": "354637", "title": "", "text": "\"**Here Is The Corrected Title/Headline For This Post/Submission:**  \"\"The United States has not discovered a magic formula that can produce happiness and prosperity everywhere. It cannot implant its ideals or values in vastly different social and political environments,\"\" writes Dr. Stephen Kinzer.\""}
{"_id": "354638", "title": "", "text": "\"This is an excellent question, one that I've pondered before as well. Here's how I've reconciled it in my mind. Why should we agree that a stock is worth anything? After all, if I purchase a share of said company, I own some small percentage of all of its assets, like land, capital equipment, accounts receivable, cash and securities holdings, etc., as others have pointed out. Notionally, that seems like it should be \"\"worth\"\" something.  However, that doesn't give me the right to lay claim to them at will, as I'm just a (very small) minority shareholder. The old adage says that \"\"something is only worth what someone is willing to pay you for it.\"\" That share of stock doesn't actually give me any liquid control over the company's assets, so why should someone else be willing to pay me something for it? As you noted, one reason why a stock might be attractive to someone else is as a (potentially tax-advantaged) revenue stream via dividends. Especially in this low-interest-rate environment, this might well exceed that which I might obtain in the bond market. The payment of income to the investor is one way that a  stock might have some \"\"inherent value\"\" that is attractive to investors. As you asked, though, what if the stock doesn't pay dividends? As a small shareholder, what's in it for me? Without any dividend payments, there's no regular method of receiving my invested capital back, so why should I, or anyone else, be willing to purchase the stock to begin with? I can think of a couple reasons: Expectation of a future dividend. You may believe that at some point in the future, the company will begin to pay a dividend to investors. Dividends are paid as a percentage of a company's total profits, so it may make sense to purchase the stock now, while there is no dividend, banking on growth during the no-dividend period that will result in even higher capital returns later. This kind of skirts your question: a non-dividend-paying stock might be worth something because it might turn into a dividend-paying stock in the future. Expectation of a future acquisition. This addresses the original premise of my argument above. If I can't, as a small shareholder, directly access the assets of the company, why should I attribute any value to that small piece of ownership? Because some other entity might be willing to pay me for it in the future. In the event of an acquisition, I will receive either cash or another company's shares in compensation, which often results in a capital gain for me as a shareholder.  If I obtain a capital gain via cash as part of the deal, then this proves my point: the original, non-dividend-paying stock was worth something because some other entity decided to acquire the company, paying me more cash than I paid for my shares. They are willing to pay this price for the company because they can then reap its profits in the future. If I obtain a capital gain via stock in as part of the deal, then the process restarts in some sense. Maybe the new stock pays dividends. Otherwise, perhaps the new company will do something to make its stock worth more in the future, based on the same future expectations. The fact that ownership in a stock can hold such positive future expectations makes them \"\"worth something\"\" at any given time; if you purchase a stock and then want to sell it later, someone else is willing to purchase it from you so they can obtain the right to experience a positive capital return in the future. While stock valuation schemes will vary, both dividends and acquisition prices are related to a company's profits: This provides a connection between a company's profitability, expectations of future growth, and its stock price today, whether it currently pays dividends or not.\""}
{"_id": "354655", "title": "", "text": "The biggest red flag is the fact that your parents may lose their house. There are multiple parts of the decision.  The red flag comes in because you are stretching your finances to the max to afford the house you are interested in. Buying down the interest rate makes some sense depending on how long you plan on staying, but not a a way to afford house X.  Of course a bigger down payment will also influence the size of the house. You are also buying something in case your parents need a place to live. What happens if that never occurs? You now have something bigger than you need. You are mixing investments and housing. There is no guarantee that you will even break-even on the house as a investment. It can take several years to make back the closing costs involved in buying and selling a house, based solely on stable price and your monthly payments. If the price drops you might never make the money back.  You might be better off renting what you need now or waiting until the current house is lost and then renting what you need then."}
{"_id": "354678", "title": "", "text": "Hi there very cool post!! Guy .. Beautiful .. Wonderful .. I\u2019ll bookmark your web site and take the feeds also\u2026I\u2019m glad to find so many useful info right here within the submit, we want work out extra strategies in this regard, thanks for sharing. . . . . ."}
{"_id": "354698", "title": "", "text": "http://priceofoil.org/2014/07/09/cashing-in-on-all-of-the-above-u-s-fossil-fuel-production-subsidies-under-obama/  So here I see 21.6 billion dollars on fossil fuels, and it's also a report on 2016. I feel like the commenter below you had a large point when they said that this leaves too much out. And btw, defending our oil interests overseas is indescribably more expensive than a recyling policy (which also comes with environmental benefits). The fact that you think they are comparable is laughable"}
{"_id": "354716", "title": "", "text": "Credit card fees on a credit card used for personal expenses are not tax deductible. Credit card fees on a business credit card are deductible on schedule C (or whatever form you're using to report business income and expenses). If you are using the same card for both business and personal ... well, for starters, this is a very bad idea, because it creates exactly the question you're asking. If that's what you're doing, stop, and get separate business and personal cards. If you have separate business and personal cards -- and use the business card only for legitimate business expenses -- then the answer is easy: You can claim a schedule C deduction for any service charges on the business card, and you cannot claim any deduction for any charges on the personal card. In general, though, if you have an expense that is partly business and partly personal, you are supposed to figure out what percentage is business, and that is deductible. In an admittedly brief search, I couldn't find anything specifically about credit cards, but I did find this similar idea on the IRS web site: Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for business and partly for personal purposes, divide the total cost between the business and personal parts. You can deduct the business part. For example, if you borrow money and use 70% of it for business and the other 30% for a family vacation, you can deduct 70% of the interest as a business expense. The remaining 30% is personal interest and is not deductible. Refer to chapter 4 of Publication 535, Business Expenses, for information on deducting interest and the allocation rules. (https://www.irs.gov/businesses/small-businesses-self-employed/deducting-business-expenses) So, PROBABLY, you could add up all the charges you made on the card, figure out how much was for business and how much for personal, calculate the business percentage, and then deduct this percentage of the service fees. If the amount involved is not trivial, you might want to talk to an accountant or a lawyer."}
{"_id": "354718", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.businessinsider.com/trump-tax-plan-details-corporate-rate-individual-brackets-deductions-cuts-2017-9) reduced by 87%. (I'm a bot) ***** &gt; &amp;quot;After years of work, we are moving forward with a unified framework that paves the way for bold, transformational tax reform - tax reform that will bring more jobs, fairer taxes, and bigger paychecks,&amp;quot; Brady said in a statement.  &gt; While there is no precise number in the plan, officials have indicated the rate could end up somewhere around 10%. Personal tax changes: A bottom individual tax rate of 12%. The plan specifies three tax brackets, with the lowest rate being 12%. That would represent a slight bump in the bottom bracket, which is now 10%. People currently in the 15% marginal tax bracket would most likely be included here.  &gt; &amp;quot;An additional top rate may apply to the highest-income taxpayers to ensure that the reformed tax code is at least as progressive as the existing tax code and does not shift the tax burden from high-income to lower- and middle-income taxpayers,&amp;quot; the plan reads.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72ves8/gop_tax_plan_overview/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~217749 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **rate**^#2 **plan**^#3 **bracket**^#4 **deduction**^#5\""}
{"_id": "354726", "title": "", "text": "\"Do you mean how much income tax the IRS will assess? Loans are not income, therefore they do not incur income tax. So as long as the money isn't being given, but being loaned, you don't have to pay income tax on it. And just in case you think there's a loophole of \"\"Instead of paying my workers, I'll just 'loan' them their paychecks, and then forgive the debt at the end of the year\"\", no, the IRS does consider loan forgiveness to be a form of income. So you need to look at whether the loan is going to you, or whether your business is a separate legal entity that is getting the money. If it's a capital contribution, then you are selling a stake in your company. Or, more precisely, as long as the money is going into the business, the company is selling a stake in itself. In that case, there generally isn't tax owed. Here's a Quara question that touches on this: https://www.quora.com/Is-money-raised-through-investors-taxed\""}
{"_id": "354767", "title": "", "text": "For the type of market neutrality you desire, free from crash risk, it's best to hedge the shares with covered calls when implied volatility is expensive and puts when implied volatility is cheap with the nearest at the money expirations.  A put only strategy can be very expensive and should only be used with the longest term options available since they can cost many tens of % per year. Securities become almost perfectly correlated during a crash; therefore, market crash risk of one security is essentially equal to the market crash risk, so hedging the security itself makes a position market neutral for crash risk. This strategy will have intermittent opportunity cost risk in the form of slower returns during market expansion to pay for smaller losses during a crash; however, the expected long run return hedged this way should be greater than the underlying's expected long run return with less volatility."}
{"_id": "354773", "title": "", "text": "Monetary base and growth are no longer correlated, at least that's what we know from QE in the US. Source, some research I did as an undergrad and papers I can't cite from my phone. But in all seriousness, I doubt there are many mainstream economists that would cite the monetary base as a key driver of growth."}
{"_id": "354775", "title": "", "text": "Prices have fallen, but this article didn't go there.  Maybe because they haven't fallen nearly as much as the 15% drop in sales.  Regardless, I doubt anyone is feeling out anything.  This has gone on for too long because of human emotions and low interest rates.  These new regulations are purely political and will achieve nothing.  Other than being a scapegoat."}
{"_id": "354776", "title": "", "text": "Oh god you're not joking are you. I'd heard people as stupid as you existed but this is the first time I've actually experienced it. I'm going to go get into the fetal position and cry myself to sleep."}
{"_id": "354779", "title": "", "text": "Somalia, that's your trump card? I'm equally disgusted at both parties and the role they played during the financial crisis which affected the entire world, and because I won't play sheep and walk in lock-step to the polls for Obama (or Romney), your suggestion is that I move to Somalia?   Can you not see how ridiculous you are?"}
{"_id": "354785", "title": "", "text": "As pointed out in a comment, it would be more natural to get a regular mortgage on the second house, which is essentially using the second house as collateral for its own loan.  If you are to use the first house, either mortgage it or get a home equity line of credit on it and use that money to buy the second house. The relative merits of the options may depend in part on where you live, whether or not you live in the homes, and the relative cost of the two properties.  For example, in the US, first and second homes get preferred tax treatment in addition to rates that are typically better than commercial loans (including mortgages for investment properties).  If you're going to get a better rate and pay less taxes on one option and not on the others, that's definitely something to weigh."}
{"_id": "354796", "title": "", "text": "\"The advice to pay off near-7% debt is tough to argue against. That said, I'd project out a few years to understand the home purchase. Will you plan for the 20% down John recommends? The Crazy Truth about PMI can't be ignored. The way the math works, if you put 15% down, the PMI costs you so much, it's nearly like paying 20% interest on that missing 5%.  If your answer is that you intend to save for the full downpayment, 20%, and can still knock off the student loan, by all means, go for it. I have to question the validity of \"\"we will definitely be in a higher tax bracket when we retire.\"\" By definition, pretax deposits save tax at the marginal rate. i.e. If you are in the 25% bracket, a $1000 deposit saves you $250 in tax that year. But, withdrawals come at your average rate, i.e. your tax bill divided by gross income. There's the deductions for itemized deductions or the standard. Then 2 exemptions if you are married. Then the 10% bracket, etc.  Today, a couple grossing $100K may be in the 25% bracket, but their average rate is 12%.  I read this Q&A again and would add one more observation - Student Loans and Your First Mortgage is an article I wrote in response to a friend's similar question. With the OP having plan to buy a house, paying off the loan may be more costly in the long run. It may keep him from qualifying for the size mortgage he needs, or from having enough money to put 20% down, as I noted earlier.  With finance, there are very few issues that are simply black and white. It's important to understand all aspects of one's finances to make any decision. Even if thee faster payoff is the right thing, it's not a slam-dunk, the other points should be considered.\""}
{"_id": "354803", "title": "", "text": "There is a third type of asset that a GIC falls into: Cash. So while it does share some characteristics of a bond, such as (often) having a fixed interest rate, and having the ability to ladder their maturities, they would generally be considered part of your Cash component of your portfolio."}
{"_id": "354811", "title": "", "text": "\"There is more than one exchange where stock can be traded.   For example, there is the New York Stock Exchange and the London Stock Exchange.  In fact, if you look at all the exchanges, there is essentially continuous trading 24/7 for many financial instruments (eg US government bonds). The closing price quoted in papers is usually the price at the close on the NYSE.  However, options close after that and so there is after-the-close trading in many stocks with active options, so the price at the close of options trading at CBOE is often used. The \"\"real\"\" price is always changing.  But for the purpose of discussion, using the closing price in NYSE (for NYSE listed stocks) is pretty standard and unlikely to be questioned.  Likewise, using Bloomberg's price makes sense. Using some after-hours or small market quote could lead to differences with commonly accepted numbers - until tomorrow :)\""}
{"_id": "354815", "title": "", "text": "+1 to YosefWeiner. Let me add: Legally, technically, or at least theoretically, when you buy stock through a broker, you own the stock, not the broker. The broker is just holding it for you. If the broker goes bankrupt, that has nothing to do with the value of your stock. That said, if the broker fails to transfer your shares to another broker before ceasing operation, it could be difficult to get your assets. Suppose you take your shoes to a shoe repair shop. Before you can pick them up, the shop goes bankrupt. The shoes are still rightfully yours. If the shop owner was a nice guy he would have called you and told you to pick up your shoes before he closed the shop. But if he didn't, you may have to go through legal gyrations to get your shoes back. If as his business failed the shop owner quit caring and got sloppy about his records, you might have to prove that those shoes are yours and not someone else's, etc."}
{"_id": "354823", "title": "", "text": "Icahn also bought a substantial amount of GM in the early 2000s... They were bankrupt just a one short recession later. (Though by that time I'm sure he had cut his losses)    Icahn's fund's track record over the last few years hasn't been great either, as they've consistently underperformed the market.    Point being... Having Carl Icahn invest in your company doesn't mean it's a good company and it's well documented that your chances of getting rich by selling Herbalife are only slightly better than your chances of hitting the lotto.    The FTC ruling spared Herbalife in the short term..but I think it's inevitable that they'll run out of steam at some point.  Though without having a good idea of when, it's a very risky short."}
{"_id": "354832", "title": "", "text": "We buy data various providers (sharadar and quotemedia to name a few) and to answer your second question how we pay for it \u2014 with credit card :-)  If you mean where we take money from; from our personal budgets. We want to introduce subscriptions in future but what is free currently will stay free forever (at least thats our plan)."}
{"_id": "354846", "title": "", "text": "I guess it depends on what you mean by 'too big'... IMO, the amount of Data collected aggregated and controlled by Google, FB, MS and Apple... is more than a little concerning.  It's not the size of the company or specifically, how much money they have that causes me worry, or even the fairly obvious monopolistic-like stranglehold they have on their respective markets, but rather the profound influence they have on the USA and indeed the world at large.  Google and facebook can 'paint' trends, create forces in the markets and politics with what equate to simple or minor changes to the way their softwares interact with the us... the population at large."}
{"_id": "354856", "title": "", "text": "Cynical capitalism. But hey, i think Google goes beyond that. They support and fund decentralization technology which could break their centralized business. Why? Because they know they can't shut it down so they may as well be a part of it. But while monopolistic tactics work, they won't refrain from using them."}
{"_id": "354857", "title": "", "text": "You could take these definitions from MSCI as an example of how to proceed.  They calculate price indices (PR) and total return indices (including dividends).  For performance benchmarks the net total return (NR) indices are usually the most relevant. In your example the gross total return (TR) is 25%. From the MSCI Index Defintions page :- The MSCI Price Indexes measure the price performance of markets   without including dividends. On any given day, the price return of an   index captures the sum of its constituents\u2019 free float-weighted market   capitalization returns. The MSCI Total Return Indexes measure the price performance of markets   with the income from constituent dividend payments. The MSCI Daily   Total Return (DTR) Methodology reinvests an index constituent\u2019s   dividends at the close of trading on the day the security is quoted   ex-dividend (the ex-date). Two variants of MSCI Total Return Indices are calculated: With Gross Dividends: Gross total return indexes reinvest as much as possible of a company\u2019s   dividend distributions. The reinvested amount is equal to the total   dividend amount distributed to persons residing in the country of the   dividend-paying company. Gross total return indexes do not, however,   include any tax credits. With Net Dividends: Net total return indexes reinvest dividends after the deduction of   withholding taxes, using (for international indexes) a tax rate   applicable to non-resident institutional investors who do not benefit   from double taxation treaties."}
{"_id": "354858", "title": "", "text": "As the fed liquidates their fiat, the stock market will go down to zero and bonds will evaporate as their denominated in worthless paper.  [The government is going to come for people's gold and seize assets](http://www.zerohedge.com/news/mark-faber-i-am-convinced-whole-derivatives-market-will-cease-exist-and-will-go-zero)  Guns and canned goods are the only safe investments from here forward."}
{"_id": "354861", "title": "", "text": "Didnt I just say I am not going to cite? Not all of us get paid to astroturf on the intertubes during the day ;)   EDIT: discussions usually contain links to studies. Or petitions signed by over 100 of scientists. Including Nobel-caliber ones..  Hold on to your opinion until you run into undeniable scientific facts. They come up so frequently that you will run into them eventually. And I will save my valuable time.."}
{"_id": "354868", "title": "", "text": "This article is correct, but it's focused on just one issue with IBM which is the tip of an iceberg. IBM has taken its office work policy too far, especially in light of all of its recent office closures.   The company has driven out its most senior skilled labor while limiting its recruiting to a very narrow set of remaining offices, located exclusively in the most competitive hiring environments. And no, IBM does not have cash on hand to BOTH pay new recruits premium salaries AND continue supporting their massive product portfolio - in fact, all hiring is presently frozen for lack of stable finances.  Don't be surprised as it continues to tank after it fails to meet contract obligations due to a lack of skilled resources."}
{"_id": "354880", "title": "", "text": "Pretrace Technology is dedicated to provide the professional wireless machine-to-machine (M2M) devices and solutions in the field of GPS tracking and Internet of Things(IoT), adds value to the vertical market applications that generate revenue and market share especially for solution providers. We provide GPS Tracking Devices for Phones to locate at their real-time location. If you want to buy tracking device, please visit www.pretrace.com"}
{"_id": "354883", "title": "", "text": "You can. You can take out a conventional mortgage and keep the cash.  A mortgage is nothing but a secured loan against your home. You can open a HELOC and treat it as a negative-equity bank-account. Note that both a mortgage and a HELOC tend to have significant up-front or administrative costs attached to them.  It costs the loaning institution some money to ensure they are in a safe position, and they will want to pass it on to you. They don't want you taking out such a loan and not using it. On the other hand, the interest rates on such a loan are often much lower than interest rates on other loans. If you have a reliable source of significant income, getting a completely unsecured line of credit may be possible with a rate only a few percentage points higher than a HELOC without having to pay a cent in fees.  The bank doesn't have to appraise your home or ensure ownership before such a loan, just assess income (which is easy, especially if you have a regular paycheck auto-deposited into an account at the same branch; toss in some signatures from your employer and good to go). If that is feasible, you could end up with a lower rate.  Withdraw from the line of credit, pay off your other loans, then work to repay the line of credit. If an unsecured line of credit has a rate 1-3% higher than a secured one, and you are borrowing 5000$ against it and pay it off over 2 years, the total interest you would save from a secured line is about 50$-150$. Note that in some jurisdictions your home is protected against loss from bankruptcy, unless you have used it as collateral for a loan, or it is easier to claim the home if you are insolvent if you have used it as collateral.  Determining what the consequences of securing your loan against the house could itself be expensive."}
{"_id": "354889", "title": "", "text": "\"You hit on the biggest advantage of keeping things out of tax-advantaged accounts: Easier access to the money. It hurts to take money out of a 401(k) early.  It may hurt more in the future.  (Do you think the reason the 10% penalty is there in order to protect you from yourself?)  It also may be converted into a vehicle besides what you have it in now, due to a \"\"national liquidity crisis.\"\" You have plenty in tax-advantaged accounts, IMO.\""}
{"_id": "354896", "title": "", "text": "If the government defaults on its debt, the holders of the debt get hung out to dry. You'll personally still owe just what you owed before, but the risk profile for the lender just shot up through the roof if the debt they hold is government-backed."}
{"_id": "354924", "title": "", "text": "Someone will always be able to find weapons and followers. That's halfway to a government. History has shown, over and over again, that human nature abhors a vacuum of society and authority. (If the implication of your post was not to advocate some sort of anarcho-capitalist fantasy, I apologize.)"}
{"_id": "354943", "title": "", "text": "If the 'gratuity' is a payment from your previous Indian company made when you left them, then the US tax system will treat it exactly the same as wages paid by your previous company. Whether or not you need to pay taxes on your wages and gratuity will depend on whether your are considered resident in the US for tax purposes for this financial year. It is likely that you will be. Assuming you are, then the US requires that you pay tax on all income, wherever it is earned in the world. You will need to fill in a tax return and declare both your gratuity and your wages in India for that year.  India and the US have a 'double tax agreement', which means essentially that you won't be taxed twice if you have already paid tax on the gratuity and wages in India. But you do have to declare them."}
{"_id": "354950", "title": "", "text": "In fairness, I've probably gotten something wrong. My actual field is meat. Of course I get some exposure elsewhere, but I'm sure I've gotten something wrong.  Bottom line though is I think it's really important for people to understand their food and the laws governing it. I'll keep discussing every chance I get."}
{"_id": "354953", "title": "", "text": "Sure you can say there are some successful ones from millions. But if you look at most of Reddit for example, they are weed smoking losers living at home and getting paid minimum wage, that is if they even have a job.    While you and your friends smoke once a month, many smoke daily and brag about it like it's a good thing. They all have the fake medical cannabis card and visit the shop weekly.   Daily weed smokers are not fit for the job and are at a higher risk because they are impaired. They also often or almost always lack motivation."}
{"_id": "354961", "title": "", "text": "Now thats how you run a fucking economy . . .but I hope you know that if the Israelis or Americans attack you, that shit won't work, and most probably, they are the ones most likely to attack you.  Actually as the Japanese and Koreans found out, it just sounds really fancy and is really expensive . .doesn't do anything . .but looks really good"}
{"_id": "354965", "title": "", "text": "As far as broad principles, I think that you are on track. The only suggestion I would have is to look into HSAs. They are another great tax-advantaged account, accessible to those with high incomes."}
{"_id": "354968", "title": "", "text": "Sarasota Short Sale Lawyer are experts in contract law.  If you are experiencing unmanageable debt issues such as Short Sale, Foreclosure, or Real Estate, it is important to realize you are not alone and that there are viable options for getting a new financial lease on life that works in the long run."}
{"_id": "354974", "title": "", "text": "\"With a gross income of $ 95,000 per year, and a net savings rate of over $ 18,000 per year, a budget of $ 3,600 per year for automobile interest and depreciation is not irresponsible. But poor car choices, poor car maintenance habits, and driving habits that risk totalling cars are irresponsible.  Also, not fully understanding a lease deal is irresponsible. The \"\"great lease deal\"\" might be encouraging you to make a different \"\"poor car choice\"\" than you made last time.  A \"\"great deal\"\" on a bad car is not really a great deal.  Also, depending on the contract and your driving habits, you might have a surprising cost at the end of the lease.\""}
{"_id": "354979", "title": "", "text": "Just so you know, when you started off with being angry about being down voted, you sounded like a stupid teenager who is just saying bullshit to sound big and I assumed just as much (sorry).  You should not worry about upvotes/downvotes as they dont not mean anything and so you should not let it get to you. You're going to get downvoted a lot on reddit, dont worry about it.    I actually moved from Australia also to the US so you obviously have a better view then I do here ( im definitely talking out my ass here :D).    So i know that china has more phones available then iphones but are iphones really that popular ? By what you say, it sounds like apples market dominance is extremely high there.       Haha, from what I have read, I always thought that chinese workers worked in pretty bad conditions and there would not be any opportunity to play games while at work."}
{"_id": "354985", "title": "", "text": "Fund the Roth. If your loan interest is deductible (see firedfly's comment) then your effective cost for the loan is lower than 6.25% You get tax free earnings on the same amount in a Roth. Assuming you can get 6%, it's at least break even, probably better. And you can never gain back the time for compounding on the retirement account. With that said, there may be an emotional component to the decision. If you really just want to get rid of the debt, go ahead and do it."}
{"_id": "354986", "title": "", "text": "You seriously think physics and engineering are niche degrees? Every year major companies in the US bitch about the lack of qualified candidates in fields like this. This is one reason that H-1B visa requests have risen in the last decade. Meanwhile, we are turning out more english/psych/law majors than the country can handle."}
{"_id": "355002", "title": "", "text": "&gt; the meal has become more expensive and also shrunk in size and quality  &gt; So, like every other place that serves food?  Not like every place.  McDonald's food has decreased in quality and prices have gone up.  There are too many fingers in the pie - corporate, shareholders and franchisees are all trying to get the most money out of it.  So prices go up and they slash and slash the quality.  I live in Arizona.  Here, McDonald's has priced itself *above* offerings from small independent restaurants.  For the price of a Big Mac combo, I can have a sit-down meal at a real restaurant with much, much better quality.  If I want to spend less, I can get takeout for less than McDonald's.  The takeout will have more food that is of higher quality.  There's no reason to go to McDonald's.  None.  You can get better food at a lower price.  No wonder they're suffering."}
{"_id": "355008", "title": "", "text": "I just don't think thats such a rip off considering what it is you are getting, but you are calling it unrealistic.  A fresh double cheese burger with unlimited toppings/sauces, hand cut fries fried in 100% peanut oil (...and they really do not skimp on the portions for fries its usually enough fries for at least 2 people its usually like 1/2 a paper bag full of fries), and a drink where most of the five guys i have been in have the soda machines with 1000's of drink choices, and to top it off there are free peanuts.   You say their food is awful, but i don't really see what there is to complain about. Its 80/20 beef that is never frozen, fries that are cut fresh right in front of you and fried in quality oil (peanut oil is fairly expensive as far as cooking oils go), ive never had issue with the freshness of the vegetable toppings.  Am I missing something here? I think that's a pretty solid value for $12."}
{"_id": "355013", "title": "", "text": "Anything from being a plumber to being a nurse, or dental assistant to an electrician or most any other contractor. We own a couple dental offices and everyone we know has a difficult time finding dental assistants (job typically requires 6 months of training and 1 year of work)  Hell I had a $6k-$10k job for an electrician (about 3 full days worth of work) couldnt get a single one to call me back because they were busier with bigger jobs. Luckily I can get a plumber to come in because he's already a client of mine but there are lots of plumbers here that won't go to new homes because they have enough existing clients."}
{"_id": "355039", "title": "", "text": "How the hell do taxes work in Washington? British Columbia has experienced massive growth over the last 20 years (mostly foreign) and our schools got over crowded. Magically though, they had more money from city taxes and were able to build more schools, and improve the old ones."}
{"_id": "355051", "title": "", "text": "\"Just sign the form. The bank I worked for gave a .25% discount on auto deduct. Either you misheard that part or the person who sold you on the loan was new/ didn't explain it properly. It's an \"\"optional form\"\" but it does change your rate.    Edit:  you're not being pushed around. Someone got in trouble and is trying to cover their butt by getting it back quickly.\""}
{"_id": "355052", "title": "", "text": "Libya thought toppling Gaddafi would imprpopve their system.  Sometimes destroying for the sake of destruction, without a proper plan, makes things worse.   As bad as things are, things can be many thousand times worse.  The US with all its problems is still one of the best places to live.  Dont assume that what we have built will be so easily rebuilt."}
{"_id": "355076", "title": "", "text": "What's going on here is that the variable rate loan is transferring some of the risk from the bank to you.  In a reasonable deal taking on risk brings with it reward.  It's the same thing as deductibles on insurance--they're transferring some risk to you and thus your expected total cost goes down. Thus the proper evaluation of such deals is whether you can afford the outcome if you draw the short straw.  If you feel you can afford the highest payment that can result then the variable rate is a good deal.  If you're near your limit then stay with the safe option of the fixed rate. For a house this is easy enough to evaluate--run the calculations assuming the highest payment and see what the debt-to-income ratio is.  Note that when we were getting mortgages there was another factor involved: the variable rate loans had a higher initiation cost.  Combined with the very low difference between fixed and ARM rates at the time we went fixed but given the rates you quote going variable would have been a no-brainer for us."}
{"_id": "355084", "title": "", "text": "\"Chit funds started as group of people pooling money every month and drawing a lot to determine who would get the entire funds that month. For example 5 people pool together Rs 1000/- on first month person \"\"A\"\" gets the draw and takes the Rs 5000/-. Next month again same set of people pool Rs 1000/-, the person who got the money last month is removed from the list and again a draw is made. Thus everyone pays Rs 1000/- for 5 month and gets back Rs 5000/- some sooner and some later. This was done more to buy big ticket purchases, or group of ladies getting together. There is always a leader who would ensure that everyone pays and manages the process. In more business oriented chit fund, unknown people come together and contribute Rs 1000/-. There is a organiser who is a local strong man who runs this and ensures that everyone pays. The variation here is that every month instead of a lucky draw, you can buy for discount. Say this month you need the money badly, you are willing to take only Rs 4800/-, there maybe some one who is more desperate and may say he is OK with only Rs 4600/-. The balance Rs 400 is distributed amongst the other 4 members. Thus the other who had contributed Rs 5000/- over 5 months now get Rs 100 more. The next month this person is eliminated from bidding, and others 4 can bid for Rs 5000 or less. The balance is again re-distributed amongst others. This is typically run by people who do not get loans at good rates from bank and essentially borrow outside the financial industry. The people who are part of this most of the times make good returns / better than banks. But this entire industry is unregulated and hence the Strong man can dupe you, there are cases where people who take the first shot at money vanish without trace. Every city has quite a few of such funds running. It is advisable you do not indulge in such funds.\""}
{"_id": "355089", "title": "", "text": "You might have to pay a premium for the stocks on the dividend tax\u2013free exchanges. For example, HSBC on the NYSE yields 4.71% versus HSBC on the LSE which yields only 4.56%. Assuming the shares are truly identical, the only reason for this (aside from market fluctuations) is if the taxes are more favorable in the UK versus the US, thus increasing demand for HSBC on the LSE, raising the price, and reducing the yield. A difference of 0.15% in yield is pretty insignificant relative to a 30% versus 0% dividend tax. But a key question is, does your country have a foreign tax credit like the US does? If so you (usually) end up getting that 30% back, just delayed until you get your tax return, and the question of which exchange to buy on becomes not so clear cut. If your country doesn't have such a tax credit, then yes, you'll want to buy on an exchange where you won't get hit with the dividend tax. Note that I got this information from a great article I read several months back (site requires free registration to see it all unfortunately). They discuss the case of UN versus UL--both on the NYSE but ADRs for Unilever in the Netherlands and the UK, respectively. The logic is very similar to your situation."}
{"_id": "355093", "title": "", "text": "ZeroHedge is the best, although it appeals to a particular audience (highly educated economics/business folks with a very negative view of government). They pull articles from all over the web, so you get a really good aggregator with maybe 20 articles/day of high quality work.  Bloomberg I read if there's a good topic. That pops up on facebook for me and I read probably 10/day.  Wall Street Journal is great if you want mainstream (read: delayed) business news. Most of the things that are truly news are long-term in nature and you'd read about them on ZeroHedge far before the WSJ.  I used to read Dealbook a lot, although I've gotten away from it lately due to the lack of mergers &amp; acquisitions activity.  Lastly, I used to have a blogroll of maybe 5-10 investment blogs with truly great writers/thinkers, but alas, most have stopped writing now.  sorry about the delay. forgot I saw your question."}
{"_id": "355108", "title": "", "text": "\"I'll give the TLDR answer. 1) You can't forecast the price direction. If you get it right you got lucky. If you think you get it right consistently you are either a statistical anomaly or a victim of confirmation bias. Countless academic studies show that you can not do this. 2) You reduce volatility and, importantly, left-tail risk by going to an index tracking ETF or mutual fund. That is, Probability(Gigantic Loss) is MUCH lower in an index tracker. What's the trade off? The good thing is there is NO tradeoff. Your expected return does not go down in the same way the risk goes down! 3) Since point (1) is true, you are wasting time analysing companies. This has the opportunity cost of not earning $ from doing paid work, which can be thought of as a negative return. \"\"With all the successful investors (including myself on a not-infrequent basis) going for individual companies directly\"\" Actually, academic studies show that individual investors are the worst performers of all investors in the stock market.\""}
{"_id": "355143", "title": "", "text": "Laws like this replace tipping income with regular income, taking away the loophole that the IRS can't track cash tips. Most servers are not reporting their cash tips because they think they don't have to pay taxes like everybody else. It's tax fraud. Fuck them."}
{"_id": "355156", "title": "", "text": "The only fair thing to do is to let each of you pay their own loans. That way, your brother will probably get out of debt faster and starts saving or investing (assuming equal down payments), while you'll be stuck with your loan for a while longer. If you want to minimize the interests you have to pay, you could simply borrow money from your brother. That way, he'll contribute towards your loans, and you will know exactly how much you owe him. Your brother may lend you money interest-free, or you could agree on an interest rate which is lower than what you pay on your loans, which will somewhat compensate your brother and still be beneficial to you. It still won't be fair though, because your brother might be able to invest his extra money with better interest rate, and lending money to you would prevent that."}
{"_id": "355158", "title": "", "text": "\"Expanding like crazy compared to what?  Apple?  You mean the company that has maintained a 25% operating margin while growing top line by 160% since 2010?   No company has EVER had a market cap of $1T, let alone maintained it.  What is your point?  All you're talking about is relative price and \"\"history\"\" which has little to no bearing on what is going to happen in the future.  I see no indication of any argument related to the actual valuation of Apple stock.  It is still, at $650B, pretty reasonably valued considering the facts, e.g., ability to generate cash, maintain margins, grow revenues, and for management to make sound financial moves, i.e., return $ to shareholders.        You come off extremely condescending yet you seem not to have much of an understanding in regards to what dictates stock price over the long term.\""}
{"_id": "355159", "title": "", "text": "Perhaps it's best to balance out how it works out for all, especially the most vulnerable, before setting yourself for or against a policy such as this.   You are lucky that you don't have any pre-existing conditions, while others aren't. You earn enough that you are able to afford insurance, even if you're not happy with the fact that you have to pay for it.   But you are unlucky to be working for a company with short-sighted dickheads that look more at the immediate bottom line than they do at their employees. To be honest, if they are scrapping by so much that they need to move everyone to part time to avoid health insurance costs that they already had before, you'd better start looking for another job right away."}
{"_id": "355167", "title": "", "text": "&gt; It's a huge joke. People are putting their stock in it, but there was a front page story just yesterday about another crypto currency that went from $300 to $0.10 with a single transaction.  Hi, long time crypto nerd here... Just wanted to say that transaction was on one exchange and the price pretty much went back to normal in a few seconds. Due to the lack of experience in trading some people just dump like that on a whim, its not the norm, but it does happen.    In any case, that was some +1,000 units worth which again is super rare. They likely bought a long time ago and forgot them... again, fairly uncommon."}
{"_id": "355188", "title": "", "text": "\"I don't usually play \"\"what if...\"\"  but here is my guess:  * He would have bankrupt the United States (sooner than it is going to happen) after hiding all assets.  * Rename the new Government something with \"\"Trump\"\" in it (Trumpmerica?)  * As part of his \"\"Get Trumpmerica Back to Work\"\"  initiative he would add his profile to Mt Rushmore and erect statues of himself in all city parks.  * And reissue currency with his face on all the different denominations.  *edit to add - I lied.. I play \"\"what if's..\"\" all the time\""}
{"_id": "355210", "title": "", "text": "Detroit is a joke.  They're pissing money away left and right, the city managers refuse to take any kind of cuts or change anything that they are doing.  It needs an emergency manager to come in there and clean things up."}
{"_id": "355212", "title": "", "text": "You can reprocess the spent fuel to extract unburned uranium fuel, as is done elsewhere in the world. Thorium based fuel produces less long lives actinide waste (high level nastiness) and in my opinion would be a key step toward making nuclear a viable option. Nuclear is very politically volatile so a decade long planning effort can be subjected to winds of change with respect to politics, licensing, funding, and public opinions which can make for enormous inefficiencies. Solar has public favor so there are plenty of incentives. Nuclear would have to receive a push like that.    Done properly a nuclear power plant should not contaminate the land it sits on. Currently plants have extensive environmental monitoring required by regulation. Nuclear power plants don't have extensive storage ponds for spent fuel. Every plant has a storage pool to wait for decay heat to subside as part of the refueling cycle.   An issue with nuclear is that mistakes don't just biodegrade on a human timescale as they do for chemical based mistakes. The nuclear industry is currently paying for the sins of its birth and formative years."}
{"_id": "355236", "title": "", "text": "\"Arbitrage is basically taking advantage of a difference in price.  Generally extending to \"\"in different places for the same thing\"\". A monetary version would be interlisted stocks, that is stocks in companies that are on both the NYSE/Nasdaq and Toronto stock exchanges.  If somebody comes along and buys a large number of shares in Toronto, that will tend to make the price go up - standard supply and demand. But if someone else can buy shares instead in NY, and then sell them in Toronto where the first person is buying up shares, where the price is higher, they the the arbitrageur (second person) can make pretty easy money. By its very nature, this tends to bring the prices back in line, as NY will then go up and Toronto will then go down (ignoring FX rates and the like for ease of explanation). The same can work for physical goods, although it does tend to get more complex with taxes, duties, and the like.\""}
{"_id": "355240", "title": "", "text": "\"In your comment, you said: It just seems a little stupid to me to go and put away money for the explicit purpose of emergencies (presumably in a way that's somehow different from how you would normally save money). Seems better to go and treat the money as you would normally, and then pull whatever you need from the money that you had saved. The problem with that logic is that people save money for many different things.  You might save for a vacation, or a new refrigerator, or a new car, or a house, or your kids' college education.  If you \"\"pull whatever you need\"\" for such expenses, you may find that when a real emergency occurs, you don't have enough money.  The things you used it for may have been legitimate, reasonable expenses, but nonetheless you may later wish you had deferred those expenses until after you had built up a cushion. So the idea of an emergency fund is to designate certain money that is not to be used for \"\"whatever you need\"\", but specifically for unforeseen circumstances.  Of course there can be debate about what counts as an emergency, but the main point is to distinguish saving for planned future expenses from saving for unplanned future expenses. Note that this doesn't mean the money has to be in a separate account, or saved in any special \"\"way\"\".  It just means the money has to be considered by you as an emergency fund.  For some people, it may be psychologically useful to put the emergency fund in a separate account that they never withdraw from.  But even if you just have all your money in one savings account and you mentally tell yourself, \"\"I don't want to ever let the balance drop below $10,000, just so I have a safety cushion\"\" then you are effectively designating that $10,000 as an emergency fund.\""}
{"_id": "355241", "title": "", "text": "From Wikipedia: A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution. Hard money is similar to a bridge loan, which usually has similar criteria for lending as well as cost to the borrowers. The primary difference is that a bridge loan often refers to a commercial property or investment property that may be in transition and does not yet qualify for traditional financing, whereas hard money often refers to not only an asset-based loan with a high interest rate, but possibly a distressed financial situation, such as arrears on the existing mortgage, or where bankruptcy and foreclosure proceedings are occurring. This implies to me that these loans are only against real estate. Presumably, because it doesn't move and can't be simply taken away, as in the case where you have say, a high value diamond or painting."}
{"_id": "355244", "title": "", "text": "There is also a very real cost to having people know each other's salaries. Bitterness, at people who have a higher salary, and at the company paying someone a higher salary (or even the same or lower salary) when you do so much more work with them. I'm guessing the average person overestimates their abilities like you said. This means that no matter how fair your salary scheme, if people know each other's salaries, the majority of people will be bitter and thus less productive."}
{"_id": "355268", "title": "", "text": "I agree but the reality is that despite laws on the books, no matter how egregious corporate behavior in the US is, rarely do the courts impose any real punishment.  It's always a small fine by the courts or the government which only encourages the bad behavior.  Its always pennies on the dollar of what they got and no jail time for anyone.  Business know this.  Heard of Blue Bell ice cream? They knew there was a problem with their ice cream, instructed employees to cover it up and continues to sell ice cream which killed people.  The state of Texas gave them a fine sure to have everyone repeat this and the company will delay for decades any settlement with the families.   It's the American way.  You have no power over corporations."}
{"_id": "355273", "title": "", "text": "John E. Russi, CPA, PA\u2019s payroll services can help you reduce the time spent on administration through developing a payroll system that will facilitate processing, timely payment and preparation of payroll tax returns.  Company Name: John E. Russi, CPA, PA  Address: 7575,Dr Phillips Blvd Suite 320                  Orlando, FL 32819                  US   Phone: (407) 345-1191   Website:  http://www.russicpa.com/services/"}
{"_id": "355283", "title": "", "text": "I can understand the argument that it's not a good allocation of resources to extend the life of someone by a few months, but what's your argument against treating accidents, mental illness, disabilities, autism etc?  And how much would the additional bureaucracy of charging people cost?  In the UK, the NHS costs about \u00a33000 per working person.  Seems well worth the cost."}
{"_id": "355310", "title": "", "text": "In the UK at least, dealers definitely want you to take finance. They get benefits from the bank (which are not insubstantial) for doing this; these benefits translate directly to increased commission and internal rewards for the individual salesman. It's conceivable that the salesman will be less inclined to put himself out for you in any way by sweetening your deal as much as you'd like, if he's not going to get incentives out of it. Indeed, since he's taking a hit on his commission from you paying in cash, it's in his best interests to perhaps be firmer with you during price negotiation. So, will the salesman be frustrated with you if you choose to pay in cash? Yes, absolutely, though this may manifest in different ways. In some cases the dealer will offer to pay off the finance for you allowing you to pay directly in cash while the dealer still gets the bank referral reward, so that everyone wins. This is a behind-the-scenes secret in the industry which is not made public for obvious reasons (it's arguably verging on fraud). If the salesman likes you and trusts you then you may be able to get such an arrangement. If this does not seem likely to occur, I would not go out of my way to disclose that I am planning to pay with cash. That being said, you'll usually be asked very early on whether you are seeking to pay cash or credit (the salesman wants to know for the reasons outlined above) and there is little use lying about it when you're shortly going to have to come clean anyway."}
{"_id": "355313", "title": "", "text": "&gt;Like I said they are a media company.   And, a broadcast company with several channels, don't forget that part that makes you totally wrong.  &gt;Even tho you have not. You actually barely done any such thing.  No, I have repeatedly acknowledged their faults, you disagreed with the extent of my acknowledgement. Frankly, this is the sort of behavior I expect out of a petulant or severely autistic child. You do not tolerate anyone else having an opinion.  &gt;You seem to have a habit of making assumptions and bullshit claims, should really address that. My sampling is far from limited here. I know enough to say with absolute certainty Vice journalism is on par of Buzzfeed, and has a noticeable liberal bias. If I wanted fluff pieces to read I would go to Vice and that matter Buzzfeed. But if I want actual investigative journalism I go elsewhere.   Buzzfeed's scoops are about stars dating each other, political stories, etc. Vice does pieces on buying nukes on the black market, the inside tour of North Korea (you know that claim that they have the same fat kid and fake grocery stores full of fake food? That's from Vice's investigative journalism), etc. If you can't distinguish between the two, I think you're ironically making assumptions and bullshit claims.  Oh, and about your sampling, you're continuing to justify a sweeping generalization which you don't even recognize as fallacious. Do you not understand that your derivative argument is faulty? That you are making a notorious mistake that is well-documented in logical academia?  &gt;lol. Your analysis is no more subjective than mine is. Claiming your analysis is objective is outright laughable.   I am judging quality by the story on its own merits: that's objectivity. You are judging the quality of a story by your negative opinion of the producer and publisher's reputation: that's subjectivity. It makes you subjectively dismissive of my objective analysis. Your analytical skills are outright laughable."}
{"_id": "355315", "title": "", "text": "\"Limited Price is probably equivalent to the current par value of a \"\"limit order\"\". Markets move fast, and if the commodity is seeing some volatility in the buy and sell prices, if you place an ordinary buy order you may not get the price you were quoted. A \"\"limit order\"\" tells your broker or whomever or whatever is making the order on your behalf that you will pay no more than X yuan. While the market is below that price, the trader will attempt to get you the quantity you want, but if they can't get you your full order for an average price less than the limit, the whole thing is rolled back. You can set a limit at any price, but a limit order of 1 yuan for a pound of sterling silver will likely never be executed as long as the market itself is functioning. So, you are being provided with a \"\"par value\"\" that they can guarantee will be executed in the current market. Entrustment prices are probably prices offered to the managers of trust funds. A trust is simply a set of securities and/or cash which is placed under the nominal control of a third party, who then must in good faith attempt to fulfill the goals of the actual owner of the securities with regards to growth or retention of value. Trustees almost never speculate with the money they control, but when they do move money it's often a sizeble chunk (hundreds of thousands or millions of dollars instead of a few thousand dollars here and there). So, in return for the long-term holdings, large buys and sells, and thus the reduced cost of maintaining a business relationship with the broker, the broker may offer better prices to trust fund managers.\""}
{"_id": "355319", "title": "", "text": "One of the fundamental of technical analysis suggests that holding a security overnight represents a huge commitment.  Therefore it would follow that traders would tend to close their positions prior to market close and open them when it opens."}
{"_id": "355320", "title": "", "text": "Well the idea is after getting the employees to put their best attempt to transition their processes to excel, afterwards the leftover advanced processes that absolutely require excel will be given an exception (until a better solution can be researched and prototyped). But at the moment until then I have to find out ways to get these advanced functionality in other ways!"}
{"_id": "355327", "title": "", "text": "The real idea is to get inflation even higher than it currently is to try and get more bullets in the future for the next recession. We'd like nominal rates to be much higher than before so that we can have even larger real negative rates when needed. This takes time and finesse and I'd say Yellen is doing a fine job. Every mark she is reaching for in the dual mandate is exactly where it needs to be for a perfect storm.   Almost all people borrow money to get houses. That doesn't make them likely to default. What made defaults skyrocket in '08 was predatory lending and NINJA loans, as well as a group of men who actively did everything they could to make the system fail because of credit default swaps whose payout was significantly higher than the loss."}
{"_id": "355330", "title": "", "text": "You need to look at where the profits are coming from. In this case, compressed wage growth and extreme cost-cutting. I mean shit, Dimon ripped out all of JPMs Bloomberg terminals. Work happiness at banks are much lower and people are leaving, save for at certain types of banks. The profits are just coming from employees. Overtime is a lot lower to non-existent in right to work states and you'll pull 10-30 hours over what you signed on for on a weekly basis.   If you're not aware of what capital requirements are then I really can't dive into this. I suggest you read up on Basel 3, the US system, liquidity cover ratio (LCR) and then understand generally what products yield more and the risks attached to those.   If you do know those then I feel like you know where my response is going, but I'm happy to get into it more."}
{"_id": "355333", "title": "", "text": "Why do people act as if the minimum wage was created for high school students who are working part time? There's no real way to debate the fact that the minimum wage was created as a requirement for employers to pay a livable wage to employees. It wasn't created as some kind of skill building wage for teenagers.   \u201cNo business which depends for existence on paying less than living wages to its workers has any right to continue in this country...By living wages, I mean more than a bare subsistence level \u2014 I mean the wages of a decent living.\u201d - FDR"}
{"_id": "355334", "title": "", "text": "I'm amazed at how shoddy some (not all) products are after they start being made in China.  It's like there is no quality control and obviously head office back in the states is only looking at the bottom line.  Cheaper often is cheaper."}
{"_id": "355341", "title": "", "text": "I started my account with $500 so I know where you're coming from.  For the words of caution, in about 2009 we entered a pretty significant bull market.  During this period you could basically buy almost any big name company and do pretty well for yourself.  So don't be too cocky about your ability to pick winners in the middle of a bull market.  Over the last few years you'd have to try pretty hard to consistently pick losers. I absolutely think you should put real money in the game when you have this sort of interest.  However, at your $400-600 level broker fees will eat any sort of active trading or short term profit you could muster.  Stock trading is not a great way to make money in the short term.  If you're looking to save for something specific you should put that money in a zero risk savings account.   You should do more research on brokers.  Find the lowest possible trade commission at an organization where you can meet the account opening minimum.  A $10 commission is 11% more than a $9 commission."}
{"_id": "355344", "title": "", "text": "I did some empirical research, comparing the exchange rates for wire transfers vs. the exchange rates for ATM withdrawals. With my bank, wire transfers typically take a 4% float off the exchange rate. ATM withdrawals seem to take just over 2%. And ATM withdrawals don't have a wire transfer fee, as long as I'm withdrawing from a branch of the same bank (overseas). The only problem with ATM withdrawals is the daily limit. As far as I can see, Tor's answer above has it completely backwards, at least with my bank, ATM withdrawals are a much better value. Do the research yourself...call the bank you're going to transfer from and find out what their current exchange rate is. Compare it to the current spot rate (e.g. XE.com) to determine how much of a cut the bank is taking. Then, if you can, withdraw some cash from the foreign location with your ATM card and see how much of the original currency is deducted from your account. In this way you can empirically discover for yourself the better rate."}
{"_id": "355354", "title": "", "text": "If anyone is interested in looking into it, the company Pinnacle has actually been using theory from quantitative finance for a long time. I went to one of their talks during useR!2017 in Brussels, really interesting betting company."}
{"_id": "355355", "title": "", "text": "Still not easy to grasp for a 5-year-old, but they're entertaining. Particularly the second one, which is slightly less informative but a lot more fun. http://www.youtube.com/watch?v=d0nERTFo-Sk&amp;feature=fvwrel http://www.youtube.com/watch?v=GTQnarzmTOc EDIT: Yup, it's biased towards Hayek, but that much is pretty evident. I still think that the videos are worth a watch, if only to give you a small introduction to where the two of them stand on certain issues."}
{"_id": "355360", "title": "", "text": "\"Top down approach needed when bottom-up approach of markets leads to   periods of high unemployment Imagine a chart that starts with one point at the top and breaks it down into the details by the time you get to the bottom. People can read this chart either from the top and go down or from the bottom and go up. Wikipedia does have articles on Top-down and bottom-up design if you want more detail than I give here. Top down refers to the idea of starting at a high level and then working down to get into the details. For example, in planning a vacation, one could start with what continent to go, then which country, then which cities in that country and so forth. Thus, the idea here would be to start with macroeconomic trends and then create a strategy to fix this as the other way is what created the problem. The idea of taking a subject or system and breaking it down into individual pieces would be another way to state this. Bottom up refers to the idea of starting with the details and then build up to get a general idea. To use the vacation example again, this is starting with the cities and then building up to build the overall itinerary. Within political circles you may here of \"\"grassroots\"\" efforts where citizens will form groups to gain influence. This would be an example of bottom up since it is starting with the people. The idea of taking individual components and putting them together to build up something would be another way to state this. The statement is saying that a completely different style of approach will be necessary than the one that created the problem here.\""}
{"_id": "355365", "title": "", "text": "Those compensated by commission, not your moneyed elite. Those types are going to get out of taxes anyway.  Capital gains crush the middle and upper middle class like no other. BTW, now you sound even less like you know what you're talking about."}
{"_id": "355368", "title": "", "text": "Is there really that many subscribers? It's about 10$ a month depending on what country you live in. 100m*10*12 = 12 b revenue per year. Unless I'm wrong, but this is the internet, I am sure someone will correct me."}
{"_id": "355369", "title": "", "text": "It means you must pay federal (and possibly state) tax on any income you produce in America -- including Internet and mail-order sales. Tax treaties may keep you from having to pay tax on it again in your own country, or may not."}
{"_id": "355371", "title": "", "text": "Never met any myself, but I know some manufacturers use them and are happy with their services. There is definitely a legitimate need for it, just a lot of swamp that gets dragged in. I would call around the midwest and ask. All the business folks I've met there seem to be very nice and happy to help.   Try casting, extruding, or large welding shops and see if they have any recommendations. I know this isn't the best way... but it is a way of finding someone who is probably reputable."}
{"_id": "355372", "title": "", "text": "\"Oh there's plenty of subreddits where sanders is a hard left  socialist monster, if they ever stop screaming coded racism about the Obama false president.  /r/conservative is a start. I got banned in minutes for mentioning Eisenhower I think.   A common post \"\"liberals eat their young and old\"\". WTF?\""}
{"_id": "355373", "title": "", "text": "The simplest thing is to transfer to your current account. You'll have the ability to borrow (assuming employer allows) 50% of the balance if you need to, and one less account to worry about.  Transferring to an IRA is the other common choice. This offers the ability to convert to a Roth IRA and to invest any way you choose. The 401(k) options may be limited.  Without more details, it's tough to decide. For example, if you are in the 15% bracket, the Roth conversion can be a great idea. And the 401(k) might be not so great, just deposit to the match, and then use the IRA. For example."}
{"_id": "355390", "title": "", "text": "Just get out. If the investment isn't going up, you are losing money to inflation, as well as the opportunity cost of not having the money somewhere more profitable. These things happen to the best of us. Just learn from it and move on. Some valuable lessons: Just keep trying. Mistakes like this are all part of the learning process. Best of luck."}
{"_id": "355410", "title": "", "text": "\"The laws just mean you can't make your decision on the basis of religion.  Make your decision because they don't interview well, they can't do the job, they have poor qualifications, etc.  Substitute, say, \"\"black people\"\" for the reference to religious expression and you see where this is a problem.  Paraphrased, you've got: \"\"Why should I be forced to hire black people who I fundamentally oppose (and do not wish to support, however indirectly via a paycheck), why is their right to be black more valid than my right to not like black people?\"\"\""}
{"_id": "355412", "title": "", "text": "\"Oh sorry maybe I misread your question. The article didn't have anything concrete. I just watched the video to see the there was some clear examples or data but I didn't really catch anything. He said something about Trump not wanting to create jobs and said \"\"Chinese are working on AI\"\" because the gov't announced a plan. But he offered no real data for his views at all from what I heard. I'm not a specialist in economics so maybe I missed something obvious that someone else can clue us in on\""}
{"_id": "355415", "title": "", "text": "\"First of all, it's quite common-place in GnuCash (and in accounting in general, I believe) to have \"\"accounts\"\" that represent concepts or ideas rather than actual accounts at some institution.  For example, my personal GnuCash book has a plethora of expense accounts, just made up by me to categorize my spending, but all of the transactions are really just entries in my checking account. As to your actual question, I'd probably do this by tracking such savings as \"\"negative expenses,\"\" using an expense account and entering negative numbers.  You could track grocery savings in your grocery expense account, or if you want to easily analyze the savings data, for example seeing savings over a certain time period, you would probably want a separate Grocery Savings expense account. EDIT: Regarding putting that money aside, here's an idea:  Let's say you bought a $20 item that was on sale for $15.  You could have a single transaction in GnuCash that includes four splits, one for each of the following actions: decrease your checking account by $20, increase your expense account by $20, decrease your \"\"discount savings\"\" expense account by $5, and increase your savings account (where you're putting that money aside) by $5.\""}
{"_id": "355450", "title": "", "text": "Thanks for your reply. I\u2019m not familiar with the term \u201cHeld-For-Trading Security\u201d. My securities are generally held as collateral against my shorts. To clarify, I am just trying to track the \u201cmoney in\u201d and \u201cmoney out\u201d entries in my account for the shorts I write. The transaction is relatively straight forward, except there is a ton of information attached! In simple terms, for the ticker CSR and short contract CSRUQ8, the relevant entries look something like this: There are no entries for expiries. I need to ensure that funds are available for future margin calls and assignments. The sale side using covered calls is as involved."}
{"_id": "355472", "title": "", "text": "NeoSize XL is the best male enhancement product  which has got all natural ingredients without any bad side effects. NeoSize XL is hundred percent  natural and is endorsed and approved by many doctors and health professionals. Neosize xl amazon  and gnc will be a bit more costly and also the stock may be older when compared to that of the official website. This is because the manufacturers provide the best quality and the product is always fresh."}
{"_id": "355474", "title": "", "text": "If only we had something else a person could use when they are feeling run down and want to take a break.  A person could even use these days to go on a vacation or something to really get away and relax.  Maybe we could even call them 'vacation days'."}
{"_id": "355477", "title": "", "text": "Let me offer what I did in a similar situation - Two points (a) we were banking $20K/yr or so to the cash fund, 2 good incomes, and the ability to go indefinitely on just one of the 2. (b) A HELOC that was prime-1.5%.   The result was to mentally treat the HELOC as our emergency fund, but to enjoy the interest savings of over $16,500/yr for the $100K that had a sub-1% return.  When I first referenced this story, I came under criticism. Fair enough, it's not for everyone. Let's jump ahead. We owe $228K @3.5%. We had tapped the equity line for brief periods, but never over $20,000. When we lost our jobs, both of us, we had hit our number and are semi-retired now. Our retirement budget included the current mortgage payment, so we are in line for that dropping out of the budget in 12 years, and starting social security after that, which I did not include as part of the budget.  Note - when we lost our jobs, the severance was 6 month's pay, and we collected unemployment as well. The first 12 months were covered without tapping our retirement funds at all. So, to Nick's point (and excellent answer) our first line of defense against unemployment was this combination of severance and unemployment insurance."}
{"_id": "355491", "title": "", "text": "Higher life insurance.  Mortgage insurance is a very expensive decreasing term life insurance policy, that pays the Lender. You can likely increase your limits for less cost, AND, the payout doesn't depreciate every month, AND, your beneficiary can use the money any way they want - to buy food, or pay property taxes, or whatever."}
{"_id": "355496", "title": "", "text": "\"You have to remember that there is no such actual thing as \"\"deregulation\"\". Even if regulations are light, the government is still legislating one way or another.   There are already regulations that cause wealth to flow from workers and consumers towards shareholders. It's just a question of which way legislation allows wealth to flow.   There is no empirical data to indicate that if the healthcare industry were \"\"deregulated\"\" that costs would fall. Lack of regulation is what leads to $2,000 epipens that cost $25 to make.   If it were deregulated, prices would rise because free market forces do not reign supreme: corporate greed does. If you can charge a higher price you will. But malpractice will definitely rise as well.   Take Kansas for example. Massive deregulation, leading to huge job losses, failing sectors left and right, and great big gaping budget holes with no free market rushing to fill the void.   On the other hand take the NHS. Much lower cost per person than the US, and each person pays a much lower percentage of their income than people in the US, in return for quality healthcare.   There is always regulation. It's just a question of who the regulation benefits to the detriment of whom.\""}
{"_id": "355513", "title": "", "text": "\"I'm no lawyer and no expert, so take my remarks as entertainment only. Also see this question. If you have a U.S. SSN which is eligible for work, they may be able to pay you on 1099 basis with your SSN as a sole proprietor, unless they have some personal reason for avoiding that. So perhaps try asking about that specifically. HR policies can be weird and tricky, maybe a nudge in the right direction will help. Not What You Asked: regardless, I might recommend you register as an LLC and get an EIN (sort of SSN for companies) for a variety of reasons. It's called a \"\"limited liability\"\" company for a reason. You may also have an easier time reaping various business-related rewards, like writing off expenses. If you do so, consider a state with no income tax like Wyoming. (Or, for convenience sake, WA if you live in BC, or maybe NH if you live in Ontario.. etc.)\""}
{"_id": "355532", "title": "", "text": "Well, you probably already know this, but no-one can guarantee you results...in any economic climate.  Even traditionally low risk investments now seem higher risk to people when the economic forecasts are grim.  That being said, 0.5% is pretty low.  So, where does that leave you? Why not start with a risk tolerance analysis for yourself.  There's a bunch on them on the internet if you google it.  Here's one:  Rutgers Financial Risk Tolerance Quiz Based on the result you get back, and whether you agree with it or not, this may give you a starting point for determining if entering the stock market is right for you.  I'm guessing you can get better than 0.5% return over 10 years pretty easily though."}
{"_id": "355548", "title": "", "text": "As a futures trader, I can tell you that the highs and lows for the ES futures diverge simply because they trade around the clock, from 6PM ET to 5PM ET the next day. The SPX is only open during market hours, as is the SPY, but the SPY also trades in the extended hours sessions for about 3.5 hours before and after the regular hours of 930 AM ET to 4PM ET ET. So bottom line, while they pretty much track each other, the difference in their trading hours results in the highs and lows being different."}
{"_id": "355554", "title": "", "text": "It just had less cash. That doesn't necessarily mean that the company had a net loss for the year. Just like having more cash doesn't mean the company made a profit.   What if a company had revenue of $1 million, expenses of $2 million, and took out a loan of $5 million? They had a net loss of $1 million, but they have $4 million more in cash."}
{"_id": "355558", "title": "", "text": "Nope, only base commissaries or BX/PX's are subsidized. The rest is just done for goodwill/marketing purposes."}
{"_id": "355565", "title": "", "text": "My two cents:   I, like many people in finance, got into it for the money. However, I like many other people, found myself liking it for intrinsic reasons once I got into it.   I genuinely enjoy learning about financial theory, economics, understanding how global markets work, following the different story lines for the EU/US/Asian economies, working on financial models, reading the WSJ, keeping up to date on new earning releases, analyzing investments, learning about companies/industries, etc.  But I never would have found out that I liked these things unless I had chosen to study them and the only reason I chose to study them in the first place was because I wanted to make money. I'd take an intro finance class and see if it seems like something that could grow on you."}
{"_id": "355580", "title": "", "text": "Wealth Management Analyst at major bank in NYC - I averaged 55-60. I had a close friend who worked for an NYC insurance firm and averaged just over 40.  During the summer, they also got out early on Fridays.  Early career pay wasn't great, but he consistently used the hours as a selling point to bring me over."}
{"_id": "355592", "title": "", "text": "\"There absolutely is a specific model that makes this so popular with so many credit card companies, and that model is \"\"per transaction fees\"\". Card companies also receive cost-sharing incentives from certain merchants. There is also a psychological reasoning as an additional incentive. When you want to accept credit cards as a source of payment as a business, you generally have three kinds of fees to pay: monthly/yearly subscription fees, percentage of transaction fee, and per transaction fee.  The subscription fees can be waived and sometimes are expressed as a \"\"minimum cost\"\", so the business pays a certain amount whether you actually have people use credit cards or not. Many of these fees don't actually make it to the credit card companies, as they just pay the service providers and middle-men processing companies. The percentage of transaction fee means that the business accepting payment via credit card must pay a percentage usually ranging from 1-3% of the total transactions they accept. So if they get paid $10,000 a month by customers in the form of credit cards, the business pays out $100-300 a month to the credit card processor - a good portion of which will make it back to the credit card issuing company, and is a major source of income for them. The per transaction fee means that every time a transaction is run involving a card, a set fee is incurred by the business (which is commonly anywhere from $0.05 to $0.30 per transaction). If that $10,000 a month business mentioned previously had 10 customers paying $1,000 each at $0.10 a transaction, that's only $1 in fees to the credit card processors/companies. But if instead that business was a grocery store with an average transaction of $40, that's $25 in fees.  This system means that if you are a credit card company and want to encourage people to make a specific kind of purchase, you should encourage purchases that people make many times for relatively small amounts of money. In a perfect world you'd want them to buy $1 bottles of water 5 times a day with their credit card. If the card company had 50,000 card holders doing this, at the end of 1 year the company would have $91,250,000 spread across 91,250,000 transactions. The card company might reasonably make $0.05 per transaction and %1 of the purchase total. The Get Rewarded For Drinking More campaign might earn the card company $912,500 in percentage fees and over $4.5 million in transaction fees. Yet the company would only have to pay 3% in rewards from the percentage fees, or $2.7 million, back to customers. If the card company had encouraged using your credit card for large once-yearly purchases, they would actually pay out more money in rewards than they collect in card-use fees. Yet by encouraging people to make small transactions very often the card company earns a nice net-income even if absolutely every customer pays their balance in full, on time, and pays no annual/monthly fees for their card - which obviously does not happen in the real world. No wonder companies try so hard to encourage you to use your card all the time! For card companies to make real money they need you to use your credit card. As discussed above, the more often you use the card the better (for them), and there can be a built-in preference for small repeated transactions. But no matter what the size of transaction, they can't make the big bucks if you don't use the card at all! Selling your personal information isn't as profitable if they don't have in-depth info on you to sell, either. So how do they get you to make that plastic sing? Gas and groceries are a habit. Most people buy one or the other at least once a weak, and a very large number of us make such purchases multiple times a week. Some people even make such purchases multiple times a day! So how do people pay for such transactions? The goal of the card companies is to have you use their product to pay as much as possible. If you pay for something regularly you'll keep that card in your wallet with you, rather than it getting lost in a drawer at home. So the card companies want you to use your card as a matter of habit, too. If you use a card to buy for gas and groceries, why wouldn't you use it for other things too? Lunch, dinner, buying online? If the card company pays out more and makes less for large, less-regular purchases, then the ideal for them is to have you use the card for small regular purchase and yet still have you use the card for larger infrequent purchases even if you get reduced/no rewards. What better way to achieve all these goals than to offer special rewards on gas and groceries? And because it's not a one-time purchase, you aren't so likely to game the system; no getting that special 5% cash-back card, booking your once-per-decade dream vacation, then paying it off and cancelling it soon after - which would actually make the card company lose money on the deal. In the end, credit card companies as a whole have a business model that almost universally prefers customers who use their products regularly and preferably for small amounts a maximum number of times. They want to reduce their expenses (like rewards paid out) while maximizing their revenue. They haven't figured out a better way to do all of this so well as to encourage people to use their cards for gas and groceries - everything else seems like a losing proposition in comparison. The only time this preference differs is when they can avoid paying some or all of the cost of rewards, such as when the merchants themselves honor the rewards in exchange for reduced or zero payment from the card companies. So if you use an airline card that seems to give you 10% back in airline rewards? Well, that's probably a great deal for the card company if the airline provides that reward at their own expense to try to boost business. The card company keeps the transaction-related fees and pays out almost nothing in rewards - the perfect offer (for them)!  And this assumes no shenanigans like black-out periods, \"\"not valid with any other offers\"\" rewards like on cars where only a fool pays full MSRP (and sometimes the rewards are tagged in this sort of way, like not valid on sale/clearance items, etc), expiring rewards, the fact that they know not everyone uses their rewards, annual fees that are greater than the rewards you'll actually be obtaining after accounting for all the other issues, etc. And credit card industries are known for their shenanigans!\""}
{"_id": "355597", "title": "", "text": "\"So true. I can't even remember how many times I've heard \"\"I was making x amount before the dotcom bubble burst.\"\" When the crash happened I was barely aware of it because I know what the fuck I'm doing.  edit- damn auto correct liked sitcom instead of dotcom\""}
{"_id": "355605", "title": "", "text": "\"My answer is similar to Ben Miller's, but let me make some slightly different points: There is one excellent reason to get a consolidation loan: You can often get a lower interest rate. If you are presently paying 19% on a credit card and you can roll that into a personal loan at 13.89%, you'll be saving over 5%, which can add up. I would definitely not consolidate a loan at 12.99% into a loan at 13.89%. Then you're just adding 1% to your interest rate. What's the benefit in this? Another good reasons for a consolidation loan is psychological. A consolidation loan with fixed payments forces you to pay that amount every month. You say you have trouble with credit cards. It's very easy to say to yourself, \"\"Oh, just this month I'm going to pay just the minimum so I can use my cash for this other Very Important Thing that I need to buy.\"\" And then next month you find something else that you just absolutely have to buy. And again the next month, and the next, and your determination to seriously pay down your debt keeps getting pushed off. If you have a fixed monthly payment, you can't. You're committed. Also, if you have many credit cards, juggling payments on all of them can get complex and confusing. It's easy to lose track of how much you owe and to budget for payments. At worst, when there are many bills to pay you may forget one. (Personally I now have 3 bank cards, an airline card, and 2 store cards, and managing them is getting out of hand. I have good reasons for having so many cards: the airline card and the store cards give me special discounts. But it's confusing to keep track of.) As to adding $3,000 to the consolidation loan: Very, very bad idea. You are basically saying, \"\"I have to start seriously paying down my debt ... tomorrow. Today I need a some extra cash so I'm going to borrow just a little bit more, but I'm going to get started paying it off next month.\"\" This is a trap, and the sort of trap that leads people into spiraling debt. Start paying off debt NOW, not at some vague time in the future that never seems to come.\""}
{"_id": "355609", "title": "", "text": "Automation has been going on in asset managers and large finance firms since the 90's.   There have been no major breakthroughs in the last couple of years.   If you look at the technology most firms use, it is based on late 90's early 2000's tech."}
{"_id": "355614", "title": "", "text": "&gt;Tax benefit of debt  The interest on repayments for debt (eg bonds, loans) is tax deductible (as interest expense). The way you figure out the after tax cost of debt is repayment*(1-tax rate).    &gt;Marginal tax benefit  Just as marginal benefit, this is asking for every ADDITIONAL (ie marginal) dollar of debt, what is my additional tax benefit (tax deduction).    Pretty rough explanation, let me know if there is something in particular that doesn't make sense."}
{"_id": "355620", "title": "", "text": "\"The Case-Schiller macro derivatives market has seen very minimal activity.  For example, in the  three regional markets of San Diego (SDG), Boston (BOS) and Los Angeles (LAX) on 28 November 2011, there was zero trading volume, no trades settled, no open interest.  * Source: CME Futures and options activity[PDF] for all 20 regional indices.  Why haven't these real-estate futures caught on with investors?  Keep in mind that the CME introduced these indices, with support from Professor Shiller and partner Standard & Poor's several years ago. The CME seems committed to wait this out, as they have shown no indication of dropping the Case-Shiller indices. There are alternative real-estate investment securities to the Case-Shiller indices.  I don't think the market of investors is so small that Case-Shiller has been, in effect, \"\"crowded out\"\" by them. I think it is more likely a matter of known quantities. Also, I don't know how well these alternatives are doing! Additional reference: CME spec's for Case-Shiller index futures and options contracts.\""}
{"_id": "355627", "title": "", "text": "Well your gripe is using historic data to estimate VAR. That is separate topic. Either way however something that happens twice a century cant be considered an outlier and if you choose to use historic data then such things need to be included."}
{"_id": "355636", "title": "", "text": "it would help the economy tremendously.  even better, the US govt should give households massive amounts of money, to pay off debts.  and if they dont have debts they should go spend that money in the economy.   That type of economic stimulous would generate more revenue and taxes for govt to help pay off the US govt debt it accrues by printing money."}
{"_id": "355638", "title": "", "text": "Hired to travel out of town with a legal team. Lawyer showed me that if you go to the gate, show them that you paid full price for your ticket last minute (NY -&gt; Chicago over $1000) and ask nicely they will upgrade you to first if there is any room."}
{"_id": "355642", "title": "", "text": "\"I'm a big fan of modern nuclear, but I'm happy to see obsolete PWR projects die.  The thing to keep in mind is that today's commercial nuclear technology is using the old razor/blade business model. The \"\"blades\"\" they sell are pre-cast fuel rods, which are exactly the thing which causes the nuclear waste issue.  Better reactor designs don't work that way - which should make them cheaper to run but require a new business model to get them built.\""}
{"_id": "355649", "title": "", "text": "\"&gt;Why not personal responsibility?  The advocates for a \"\"libertarian paradise\"\" always seem to skip the point that offloading safety from regulatory agencies onto individuals and companies results in more deaths and injuries. There are plenty of examples of private industry *not* implementing proper safety controls. I mean if you really think things are better this way, be honest that you think more people should die if it means companies can operate more efficiently.\""}
{"_id": "355662", "title": "", "text": "There are many reasons for buying stock for dividends.  You are right in the sense that in theory a stock's price will go down in value by the amount of the dividend. As the amount of dividend was adding to the value of the company, but now has been paid out to shareholder, so now the company is worth less by the value of the dividend. However, in real life this may or may not happen. Sometimes the price will drop by less than the value of the dividend. Sometimes the price will drop by more than the dividend. And other times the price will go up even though the stock has gone ex-dividend. We can say that if the price has dropped by exactly the amount of the dividend then there has been no change in the stockholders value, if the price has dropped by more than the value of the dividend then there has been a drop to the stockholder's value, and if the price has gone up or dropped by less than the value of the dividend then there has been a increase to the stockholder's value. Benefits of Buying Stocks with Good Dividends: What you shouldn't do however, is buy stocks solely due to the dividend. Be aware that if a company starts reducing its dividends, it could be an early warning sign that the company may be heading into financial troubles. That is why holding a stock that is dropping in price purely for its dividend can be a very dangerous practice."}
{"_id": "355675", "title": "", "text": "While I don't disagree with the other answers as far as CD laddering goes (at least in principle), three months CDs are currently getting much lower rates than money market accounts, at least according to http://www.bankrate.com.  A savings account is also more liquid than CDs. Bonds are another option, and they can generally be liquidated quickly on the secondary market.  However, they can go down in value if interest rates rise (actually this is true of CDs as well--there is a secondary market, though  I believe only for brokerage CDs?). Bottom line, A high yield savings account is likely your best best.  As others noted, you should think of your emergency fund as savings, not investment."}
{"_id": "355679", "title": "", "text": "\"If one looks at the \"\"Guide to Information Returns\"\" in the Form 1099 General Instructions (the instructions that the IRS provides to companies on how to fill out 1099 and other forms), it says that the 1099-B is due to recipient by February 15, with a footnote that says \"\"The due date is March 15 for reporting by trustees and middlemen of WHFITs.\"\" I doubt that exception applies, though it may. There's also a section in the instructions on \"\"Extension of time to furnish statements to recipients\"\" which says that a company can apply to the IRS to get an extension to this deadline if needed. I'm guessing that if you were told that there were \"\"complications\"\" that they may have applied for and been given this extension, though that's just a guess. While you could try calling the IRS if you want (and in fact, their web site does suggest calling them if you don't receive a W-2 or 1099-R by the end of February), my honest opinion is that they won't do much until mid-March anyway. Unfortunately, you're probably out of luck being able to file as early as you want to.\""}
{"_id": "355685", "title": "", "text": "The assertion that Bolivians' palettes are somehow more sophisticated than dumb Americans' is silly.  I don't think anybody actually thinks McDonalds makes good food.  It's quick, cheap, and something associated with America, which despite what a lot of people seem to believe, is not a hated evil empire.  Local franchises are also a simple and relatively inexpensive method for entrepreneurs to earn a decent wage and foster economic growth in otherwise under-performing sectors.  McDonalds might have priced themselves out of the market in this case.  Or maybe fast food just isn't part of the local culture.  I've lived places where people thought the concept of going to a take out place and picking up food was just crazy weird.  You either sit down for a big fancy meal at a restaurant or whip something up at home.  What is this go out and pay for something substandard but quick?  That model works well in the US where it seems people are always on the go in different directions and might not have time to cook.  McDonalds seems to be good enough for our culture on the go and for a lot of countries around the world.  Personally, I just don't like it, but I will eat a Wendy's triple with bacon once in a while."}
{"_id": "355686", "title": "", "text": "\"This is not a mistake. This is done for \"\"Out of Network\"\" providers, and mainly when the patient is an Anthem member, be it Blue Shield or Blue Cross. Even though an \"\"Assignment of Benefits\"\" is completed by the patient, and all fields on the claim from (CMS1500 or UB04) are completed assigning the benefits to the provider, Anthem has placed in their policy that the Assignment of Benefits the patient signs is null and void.  No other carrier that I have come across conducts business in this manner. Is it smart? Absolutely not! They have now consumed their member's time in trying to figure out which provider the check is actually for, the member now is responsible for forwarding the payment, or the patient spends the check thinking Anthem made a mistake on their monthly premium at some point (odds are slim) and is now in debt thousands of dollars because they don't check with Anthem.  It creates a huge mess for providers, not only have we chased Anthem for payment, but now we have to chase the patient and 50% of the time, never see the payment in our office. It creates more phone calls to Anthem, but what do they care, they are paying pennies on the dollar for their representatives in the Philippines to read from a script.  Anthem is the second largest insurance carrier in the US. Their profit was over 800 million dollars within 3 months. The way they see it, we issued payment, so stop calling us. It's amazing how they can accept a CMS1500, but not follow the guidelines associated with it.  Your best bet, and what we suggest to patients, either deposit the check and write your a personal check or endorse and forward. I personally would deposit the check and write a personal check for tracking purposes; however, keep in mind that in the future, you may depend on your bank statements for proof of income (e.g. Social Security) and imagine the work having to explain, and prove, a $20,000 deposit and withdraw within the same month.\""}
{"_id": "355695", "title": "", "text": "\"&gt;Defenders of the Kansas experiment say that the state\u2019s budget woes came from lawmakers\u2019 unwillingness to impose spending cuts alongside the tax cuts, and that it was never realistic to expect the tax cuts to produce enough growth to pay for themselves.\"\"  Well, then what was the fucking point? Oh yeah, to screw over everyone who isn't rich.\""}
{"_id": "355710", "title": "", "text": "Established in 1999 by Moe Najmeddine, Cedar Publishing Corporation is an independent publishing agency based in Edmonton which specializes in the creation, production, and placement of custom print-media publications for non-profit organizations and professional associations. Cedar Publishing Edmonton publishes local, provincial, and national magazines, Cedar Publishing is the complete one-stop-shop for organizations wanting to produce a custom magazine for their establishment. Cedar Publishing Corporation Edmonton employs some of the most talented and experienced professionals in the areas of editorials, design, advertising, sales, production, photography, printing, and distribution. These assets allow us to offer a turn-key service to our clients. Our staff has exceptional experience in establishing new magazines or reorienting existing publications that have lost their sense of direction and effectiveness. Cedar Publishing can be reached at: 7804543349 or 7804543444.   Cedar Publishing, Cedar Publishing Edmonton, Cedar Publishing Corporation, Cedar Publishing Corporation Edmonton, Moe Najmeddine"}
{"_id": "355716", "title": "", "text": "\"The stock market may not grow \"\"forever\"\". There will be growth in the stock market, though. The stock market is a positive-sum game, since it is driven in large part by the profits earned by the companies. This doesn't mean that any individual stock will go up forever, it doesn't mean that any given index will go up forever, and it doesn't mean there won't be periods when the market as a whole drops. But it is reasonable to expect that long-term investing in the market as a whole will continue to return profits that reflect the success of companies invested in. Historically, that return has averaged about 8%; future results may be different and exact results will depend on exactly when and how you invest. Re \"\"what about Japan, which has been flat over 30 years\"\": Market being flat doesn't mean individual companies may not be growing strongly. Picking stocks may become more important, and we might need to relearn to focus on dividends rather than being so monomaniacal about growth (dividends are not reflected in the indices, please note), but there will be money to be made. How much, and how much effort is required to get it, and whether the market offers the best available bets, deponent sayeth not. Past results are no guarantee of future returns, and your results may be better or worse than average. You should be diversified into bonds and such anyway, rather than only in the stock market.\""}
{"_id": "355717", "title": "", "text": "You're aware there's no such thing as a cheap house in Jersey right? Rental values are listed in price per DAY to make them look less scary.   Also, no, you couldn't. You pay tax in the country you are resident in and the States don't equate property ownership to residency; neither does HMRC.   Interesting side note, in Jersey's neighbour Guernsey you can own a house but not legally be allowed to live in it due to the dual property market."}
{"_id": "355718", "title": "", "text": "We are well equipped with controls and oversight.  What we lack is a great person on our floor to help handle our finance function.  We hope that qualified redditors from this subreddit will consider throwing their hats in the ring."}
{"_id": "355720", "title": "", "text": "&gt;Salary divided by hours worked (or even effort for that matter) ignores economies of scale.  No, not at all. Let's go back to Economics101.   When more units of a good or a service can be produced on a larger scale, yet with (on average) less variable input costs,\u00a0economies of scale are said to be achieved.  The good produced in our comparison is salary.  The variable input costs are hours worked. The fixed costs are an annual time period, ie, it takes them both one year to produce their annual salary output regardless.  We have two guys, one is making 100k annually working 5 hours a week. The other makes 500k working 80 hours per week.  They both have a the same fixed costs of time period of a year.   If we plot them both on a graph, you're correct, the 500k salary output is a larger output, but at much greater variable costs. Efficiency is lost by the guy working 80 hour weeks.  The guy getting 100k for 5 hour weeks is optimizing his variable costs much more effectively.  Sure, he could make more, but would suffer diminishing returns on his output.    Dude above claims that you're not successful unless you make 500k.  I was just illustrating that success can be defined outside of straight compensation."}
{"_id": "355733", "title": "", "text": "Prime preys on people's sunk costs fallacy. I would never buy it either. Either way, in the last 6 or 7 shipments I got from Amazon I've had problems with 4 of them. Problems like shoddy packaging and items arriving damaged, products not working as described, or breaking on first use or just items that are perpetually out of stock."}
{"_id": "355737", "title": "", "text": "Use international transfer (I think it is called swift or something like that). The charges are generally low (fixed charge of around 15 Euros for both sending/receiving banks) and it is generally fast (takes 1-3 working days depending on the country or bank). Choose each bank pays its own costs for the optimal cost otherwise you pay more costs as the whole cost is taken beforehand. There are no capital restrictions in Turkey (yet!). So there shouldn't be any problems.  You could also use HSBC in Turkey, which should have free transfers between HSBC in different countries, if you have HSBC in your home country. But I wouldn't worry about that too much. This is all coming from personal experiences. I'm a Turkish expat having lived in various countries around Europe."}
{"_id": "355738", "title": "", "text": "\"Doesn't \"\"no rebalancing\"\" mean \"\"start with a portfolio and let it fly?\"\"  Seems like incorporation of rebalancing is more sophisticated than not. Just \"\"buy\"\" your portfolio at the start and see where it ends up with no buying/selling, as compared with where it ends up if you do rebalance. Or is it not that simple?\""}
{"_id": "355745", "title": "", "text": "Loans are not taxable events. The equity you took out is not income. It's a loan, and you pay it back with interest. You pay taxes on the capital gain of the home when you sell it. The tax does not take into account any mortgages, HELOCs, or other loans secured by the house. Instead the tax is calculated based on the price you sold it for, minus the price you bought it for, which is known as the capital gain. You can exclude $250k of that gain for a single person, $500k for a married couple. (There are a few other wrikles as well.) That would be true regardless of the loan balance at the time."}
{"_id": "355747", "title": "", "text": "You're right on the average person I guess.  My city is full of mom and pop shops.  They sell with online stores as well.  A lot of American and German made items.  They costs more, but are better quality.  Quality over quantity.  There is no Walmart around here."}
{"_id": "355749", "title": "", "text": "damn straight, dat's wut im talking about.  everybody should be allowed to go to college or a trade school.    for free too at that.  it also means people can go at a later date in their age if they chose to as well.  heck, one should be able to get as many degrees as they want for free."}
{"_id": "355766", "title": "", "text": "&gt; but if the Bitcoin is deemed currency  I struggle to see how Bitcoin specifically links to   &gt; helps fund terrorist organizations  You know cash is used (Like seriously its the mobs favorite form of payment) in the same way and Bitcoin at least has the feature of being traceable right?"}
{"_id": "355772", "title": "", "text": "If your goal is to make your child's sports\u00a0shoes more Orthotic &amp; comfortable, look no further than the Neon Fix Sport Insole by KidSole. Our Orthotic Sport Comfort insole is brand new to the 2017 collection! The Neon Fix Sport Insole provides your little one\u00a0with extra arch support without the foot pains usually\u00a0associated with arch support insoles."}
{"_id": "355773", "title": "", "text": "\"It's \"\"projected\"\" to go up, until the underwriting banks decide enough time has passed for them to stop pretending they believe in their unrealistically optimistic scenario and start slashing target price estimates by 40%. So a few weeks...\""}
{"_id": "355785", "title": "", "text": "Yeah, so both of those are not true. Cutting funding for these things drastically alters their ability to provide services, and the Department of Energy, Department of Education, the EPA -- they all provide urgently needed services.    Its not just budget cuts either. Changing policy to reduce efficacy, purposefully understaffing, eliminating the scientists ability to convey findings to the public.  It's gotten noticeably harder to access govt data since this administration started dismantling these orgs."}
{"_id": "355792", "title": "", "text": "I wanted to know how safe is such investment with online banks vis-a-vis regular banks? As far as I know, neither money market accounts nor savings accounts have any investment risk (within reason) since both are insured by the FDIC. Note that this is not necessarily the case with money market funds. is their any downside to such investments? Yes, there are a few. I believe the two biggest ones  are:"}
{"_id": "355796", "title": "", "text": "Can we wire transfer money from my NRE account to USA checking account? Yes you can Is there any restrictions for transferring money? Nothing in India Hopefully someone else will answer the US side of questions."}
{"_id": "355806", "title": "", "text": "Even if you can pull this off (I think it is possible with creativity) it is likely not worth it.  The number of ways this can come crashing down is high and the benefits are marginal at best.  The opportunity cost of carrying this out is likely higher than the saved interest from just carrying the $500 balance.  Do this with too much money and you can find yourself in real trouble if one card gets cancelled (late fees, penalties, and no way to make repayment).    Basically this is theoretically possible but not worth it.  Just work an extra hour each month and pay the interest. Or, if you don't have a job, just pay the interest and spend the time you save to look for a job."}
{"_id": "355821", "title": "", "text": "This is why I am amazed that people are saying this time the market is different; it will only correct itself; we won't see another crash like '08.  When in reality, all of the data is pointing to a bubble that is about to burst worst than '08."}
{"_id": "355870", "title": "", "text": "Have a look at swift codes website, but on wikipedia, there seems to be some variation in the interpretation of the standard. Broadly, it should be that a swift code refers to a particular branch, but it is possible that there is a cost associated with running a swift code, so some banks may prefer to share swift codes across branches. You should check and confirm."}
{"_id": "355871", "title": "", "text": "\"I am strongly skeptical of this.  In fact, after reading your question, I did the following: I wrote a little program in python that \"\"simulates\"\" a stock by flipping a coin. Each time the coin comes up heads, the stock's value grows by 1. Each time the coin comes up tails, the stock's value drops by 1.  I then group, say, 50 of these steps into a \"\"day\"\", and for each day I look at opening, closing, maximum and minimum. This is then graphed in a candlestick chart.  Funny enough, those things look exactly like the charts analysts look at. Here are a few examples:    If you want to be a troll, show these to a technical analyst and ask them which of these stocks you should sell short and which of them you should buy. You can try this at home, I posted the code here and it only needs Python with a few extra packages (Numpy and Pylab, should both be in the SciPy package). In reply to a comment from JoeTaxpayer, let me add some more theory to this. My code actually performs a one-dimensional random walk. Now Joe in the comments says that an infinite number of flips should approach the zero line, but that is not exactly correct. In fact, there is a high chance to end up far from the zero line, because the expected distance from the start for a random walk with N steps is sqrt(N).  What does indeed approach the zero line is if you took a bunch of these random walks and then performed the average over those. There is, however, one important aspect in which this random walk differs from the stock market: The random walk can go down as far as it likes, whereas a stock has a bottom below which it cannot fall. Reaching this bottom means the company is bankrupt and gets removed from the market. This means that the total stock market, which we might interpret as a sum of random walks, does indeed have a bias towards upwards movement, since I'm only averaging over those random walks that don't go below a certain threshold. But you can really only benefit from this effect by being broadly diversified.\""}
{"_id": "355892", "title": "", "text": "It is necessary to find all about addmefast bot prior to using it. At the same time, it will be useful to know about Google\u2019s algorithm and what is necessary to get the site to the top of the search engine rankings. Generally, Google does not like those sites using bots for promoting its search rankings."}
{"_id": "355897", "title": "", "text": "\"First, point: The CRA wants you to start a business with a \"\"Reasonable expectation of profit\"\". They typically expect to see a profit within 5 years, so you may be inviting unwanted questions from future auditors by using a breakeven strategy. Second point: If the goal is to pay as little tax as possible, you may want to consider having the corporation pay you as little as possible. Corporate income taxes are much lower than personal income taxes, according to these two CRA links: How it works is that your company pays you little as an outright salary and offers you perks like a leased company car, expense account for lunch and entertainment, a mobile phone, computer, etc. The company owns all of this stuff and lets you use it as part of the job. The company pays for all this stuff with corporate pre-tax dollars as opposed to you paying for it with personal after-tax dollars. There are specifics on meals & entertainment which modify this slightly (you can claim 50%) but you get the idea. The actual rate difference will depend on your province of residence and your corporate income level.  There is also a requirement for \"\"Reasonable Expenses\"\", such that the expenses have to be in line with what you are doing. If you need to travel to a conference each year, that would be a reasonable expense. Adding your family and making it a vacation for everyone would not. You can claim such expenses as a sole proprietor or a corporation. The sole-proprietorship option puts any after-expense profits into your pocket as taxable income, where the corporate structure allows the corporation to hold funds and limit the amount paid out to you.  I've seen this strategy successfully done first-hand, but have not done it myself. I am not a lawyer or accountant, consult these professionals about this tax strategy before taking any action.\""}
{"_id": "355928", "title": "", "text": "I don't hate your point, but driver chattiness has nothing to do with Uber vs Lyft. I've taken lots of both and many drivers do both as well. I've never been compelled to sit in the front in a Lyft and tip has always been an option with Lyft. No obligation if you don't want to."}
{"_id": "355930", "title": "", "text": "To be fair, part of the $5 goes to Paypal whether you sign up with them or not.  I bought the special and certainly have no regrets.  But I do hope Louie uses a competitor of theirs like WePay next time."}
{"_id": "355947", "title": "", "text": "\"They didn't seem to have a problem with it before...  ...but hey, maybe the position of the loan officer is back.  Most of Americans, due to their migration down the wealth continuum, are unlendable.    Credit cards and payday loans for everyone! (the modern equivalent of \"\"let them eat cake\"\")  I'm waiting for the first company specializing in debt consolidation for the unbanked and undocumented to go public. (One day Americans are going to wake up and ask \"\"How did we become wet backs in our own country?\"\")\""}
{"_id": "355953", "title": "", "text": "&gt; Lego's durability is curbing sales.  Their durability is a side effect of their requirement for tight tolerances, which is needed so that a stack of 100+ bricks doesn't perceptibly lean off-kilter. If they let up on the durability, they lose the tight tolerances, and then the cheaper knock-offs that are already sitting at the looser tolerances will be recognized by consumers as just as good, and squeeze them out from many markets.  /u/fruit-based is correct: 5 years of double-digit growth is crazy for a core sales proposition that has been around for literally decades. It's a good run, it's not the end of the world to acknowledge that trend stops. Time to take a breather, retrench, and use the time to figure out how to penetrate new markets in less developed nations in Africa, for example. Not to explicitly seek to return to the double-digit growth, but solidly serve the existing customer base while steadily growing new bases.  If they build an automatic brick sorter and storage robot, with voice-recognition and a tie-in to a [Bricklink](https://www.bricklink.com/)-like directory to retrieve/buy requested-described bricks, then I'll grant you that they'll return to double-digit growth again, as an buying frenzy of parents go out to buy the robots and keep adding to the storage system bins so their feet will thank them later. :-)"}
{"_id": "355959", "title": "", "text": "If the items you sold are items you previously bought for a higher price, the money you get selling them is not income, as you are taking a loss. However, you cannot deduct such losses. If you sell anything for more than what you paid for, the difference is a gain and is taxable. See this IRS web site for the explanation: https://www.irs.gov/businesses/small-businesses-self-employed/tax-tips-for-online-auction-sellers"}
{"_id": "355972", "title": "", "text": "\"Will the bank be taxed on the $x received through selling the   collateral? Why do you care? They will, of course, although their basis will be different. It is of no concern for you. What is your concern is that the write-off of the loan is taxed as ordinary income (as opposed to capital gains when you sell the stocks) for you. So when the bank seizes the stocks, they will also report to the IRS that they gave you the amount of money that you owed them (which they will \"\"give you\"\" and then put it on the account of the loan). So you get taxed on that amount as income. In addition, you will be taxed on the gains on the stocks, as giving them to the bank is considered a sale. So you may actually find yourself in a situation where you'd be paying taxes twice, once capital gains, and once as ordinary income, on the same money. I would strongly advise against this. If it is a real situation and not a hypothetical question - get a professional tax advice. I'm not a professional, talk to a CPA/EA licensed in your state.\""}
{"_id": "355973", "title": "", "text": "These boxes are prepared in such a way that you cannot fold them like carton box. They are used mostly for packaging the high-quality and heavy products where perceived value is important. An example of rigid box is an Iphone."}
{"_id": "355976", "title": "", "text": "\"70k is doable, but to get that right out of school you will need experience at a real company.  The investment club sounds cool, but it doesn't carry as much weight.  Companies need to be able to call someone you worked for and verify that you are a worthy employee.  Also, your club won't count towards \"\"experience\"\" - which is required nowadays for an entry level position.  Get an internship, ASAP and put that ahead of everything including grades.      source: '15 grad\""}
{"_id": "355978", "title": "", "text": "I agree with you, but to play devils advocate--I am a big fan of self-improvement goals, and I've noticed when I make goals with friends, I am more likely to stick with them and surpass them. And we can even take it a step further where we want to beat everyone else subconsciously and prove we are superior. This is the same."}
{"_id": "355982", "title": "", "text": "\"&gt; This emphasis on time drops away completely under Results Only Work Environment (ROWE) arrangements, but that leads directly to legal issues because we treat time as sacred no mater how much is spent at the desk or water cooler.  Well no.  The problem is that we treat time asymmetrically.  Time under 40 hours is treated as \"\"rightfully\"\" the employer's time, and more work should be piled on to reach 40 hours.  Time over 40 hours is treated as negotiable and subject to necessity and desire.  A *real* ROWE fully allows for negotiating in the direction of working 20-30 hours/week.\""}
{"_id": "355990", "title": "", "text": "It would essentially make goods from other countries more cheaper than goods from US. And it would make imports from these countries to China more expensive.  The below illustration is just with 2 major currencies and is more illustrative to show the effect. It does not actually mean the goods from these countries would be cheaper. 1 GBP = 1.60 USD  1 EUR = 1.40 USD 1 CNY = 0.15 USD Lets say the above are the rates for GBP, EUR, CNY. The cost of a particular goods (assume Pencils) in international market is 2 USD. This means for the cost of manufacturing this should be less than GBP 1.25 in UK, less than 1.43 in Euro Countires, less than 13.33 CNY in China. Only then export would make sense. If the real cost of manufacturing is say 1.4 GBP in UK, 1.5 EUR in Euro countires, clearly they cannot compete and would loose. Now lets say the USD has appreciated by 20% against other currencies. The CNY is at same rate. 1 GBP = 1.28 USD 1 EUR = 1.12 USD 1 CNY = 0.15 USD Now at this rate the cost of manufacturing should be less than GBP 1.56 GBP, less than 1.78 EUR in Euro Countires. In effect this is more than the cost of manufacturing. So in effect the goods from other countires have become cheaper/compatative and goods from China have become expensive. Similarly the imports from these countires to China would be more expensive."}
{"_id": "356003", "title": "", "text": "The key there is Large companies.  The vast majority of companies in the US are small businesses with little or no international presence, and are taxed at the full 35%.  Their very large competitors, however, have the ability to flout US corporate taxes, and therefore keep more of their profits - whether in terms of retained earnings or higher dividends to shareholders."}
{"_id": "356016", "title": "", "text": "If they don't have chiefs they have elders, and regardless, you don't see them building rocket ships and shooting themselves off into space either, even though they've had a much longer period of time to make such an achievement than western civilization has."}
{"_id": "356027", "title": "", "text": "As opposed to the conservative tactic to remove all social safety nets (under the guise of balancing the budget) at a time when people actually need them the most?  The world is a complex place. There's no perfect party line solution.  We need a little of this and a little of that."}
{"_id": "356029", "title": "", "text": "\"&gt;The contrary of course, is a socialist \"\"utopia\"\"; a world of everyone being dependent on the government to provide them their basic income.  This is not socialism. But it is a straw man that is typical of the modern libertarian mindset.  &gt;Instead, we would live in a world of infinite entrepreneurship, in which the means of production are nearly free for anyone, and people prosper by their ambition and drive.  This is actual socialism, you understand that, right? Did you forget to read the part of socialism that defines it as workers controlling the means of production?  &gt;The amount of resources available to all would be incredible, and people would be free to do things they actually want to do.  Ya, and this is also exactly socialism's end goal.\""}
{"_id": "356035", "title": "", "text": "Okay, I went through a similar situation when my mother died in March of this year. The estate still needs to go into probate. Especially if there was a will. And when you do this, your husband will be named as the executor. Then what he will need to do is produce both of their death certificates to the bank, have the account closed, and open an estate account with both of their names on it. Their debts & anything like this should be paid from this account as well. Then what you can do is endorse the check as the executor and deposit it into this account. After all debts are paid, the money can be disbursed to the beneficiaries (your husband). Basically, as long as they didn't have any huge debts to pay, he will see the money again. It just may be a couple of months. And you will have to pay some filing fees."}
{"_id": "356048", "title": "", "text": "I still cannot food shop online, for everything else it's fine but for some reasons when it comes to food I just need to be able to wander around looking at the produce on offer and thinking about various dishes that could be made. If someone can make an online browsing experience which isn't centered around you searching for things you want, that would make a huge difference."}
{"_id": "356050", "title": "", "text": "\"Well, you might want to remember that their \"\"enormous customer base\"\" is likely mostly made up of fake accounts. Also, if people are stupid enough to hand Facebook all of their personal info, and then attach payment information on top of it, allowing Facebook to definitely say that the user who said they just had an abortion is definitely Sarah Conner because they have a verified credit card on file... Well, that's going to backlash pretty heavily when loans and jobs start hinging on your Facebook profile, which they already do in some cases. That's basically the wet dream of social media and it's why Google+ tried to force ID verification of accounts. Currently they have all this data but can't definitely say it connects to a specific person.\""}
{"_id": "356071", "title": "", "text": "That is completely wrong. Governments care about this, because the economy, their power, is built on growth. If all your citizen can do is work, watch TV and sleep then they are not spending money, the economy is not growing, and the governments power is not growing.  QE stopped a deflationary death spiral by plugging a hole in the banks in financial institutions, unfortunately it did not change the underlying reasons the US economy was on the verge of that deflationary death spiral."}
{"_id": "356100", "title": "", "text": "\"The reason is that although the American economy is functioning normally, mortgage rates are stupid-low, and are below a prudent expectation of long-term (30 year) rates of return in the market.   I manage endowments, so I say \"\"prudent\"\" in the context of endowment investment, which is the picture of caution and subject to UPMIFA law (the P being prudent).    What's more, there are tax benefits.  Yes, you pay 15% long-term capital gains tax on investment income.  But your mortgage interest is tax deductible at your \"\"tax bracket\"\" rate of 25, 28 or 33% - this being the tax you would pay on your next dollar of earned income.  And in the early years of a mortgage, mortgage payments are nearly 100% interest.  So even if it's a wash: you gain $10k in the market but pay $10k in mortgage interest -- you pay $1500 tax on the gains, but the interest deduction redudes tax by $2800. So you are still $1300 ahead.   TLDR: the government pays us to do this.\""}
{"_id": "356110", "title": "", "text": "you are in a fear that whether you would be able to sell your house at a good price or not then GharveyBuysHouses has the right solutions for you.The process is very simple. Only you have to fill little details as mentioned on the website"}
{"_id": "356125", "title": "", "text": "It possibly could have made sense historically when interest rates were higher. In the UK, you used to get negligible (if any) interest on a current (checking) account, but could get modest interest from a savings account, so transferring the bulk of your salary to a savings account and paying from there (or transferring back to the current account when needed) could make some sense (but even then was probably not worth the effort). Nowadays (at least in the UK), most (easy access) savings accounts pay very little interest, but there are current accounts (example list here from comparison site) that pay more interest provided you go through several hoops. Typically you have to pay your salary (or a minimum number of \u00a3000s per month) into the account, and have a minimum number of direct debits going out. Some have fees, some only last for a year."}
{"_id": "356129", "title": "", "text": "\"Discounting premiums based on some past history is not unique to auto policies.  Other insurers will discount premiums based on past claims history they just don't shout about it as a marketing means to attract customers.  Life insurance is underwritten based on your health history; if you want to consider your \"\"preferred\"\" underwriting status based on your clear health history a \"\"discount based on your healthy habits\"\" you're free to do so.  All sorts of lines of insurance use all sorts of things to determine an underwriting classes.  The fact that auto insurers trumpet specific discounts does not mean the same net effect is not available on other lines of coverage. Most states require auto rates and discounts to be filed and approved with some state regulator, some regulatory bodies even require that certain discounts exist.  You could likely negotiate with your business insurance underwriters about a better rate and if the underwriters saw fit they could give you a discount.  Auto insurers can offer discounts but are generally beholden to whatever rate sheet is on file with the applicable regulatory body. For the person who downvoted, here's a link to a spreadsheet outlining one of the CA department of insurance allowable rating factor sheets related to auto insurance.\""}
{"_id": "356131", "title": "", "text": "I don't see that this system is very effective at rewarding productivity, which (particularly in software) is an inherently difficult thing to judge. That's why we've traditionally relied on human managers to make judgments between personnel in regards to compensation.  But yeah, you bet I'm selfish. If I can get paid more than someone else for doing the same job, I'm going to do it. And I'd prefer to work somewhere that allows me to do that."}
{"_id": "356136", "title": "", "text": "We try to offer a personalized service with a committed and qualified work team. We carry out our work with love, honesty and responsibility based on ethical and moral principles. Medical devices are essential for safe and effective prevention, diagnosis, treatment and rehabilitation of diseases and conditions. Our commitment is and has been to serve our customers by offering products of the highest technology that facilitate the work of doctors and help a prompt recovery of the patient."}
{"_id": "356145", "title": "", "text": "It depends on where you live and what your situation is. If you're a born and bred New Yorker who thinks that White Plains, NY is a stop on the way to Canada, than you're ok. If you're a single person living in downtown Boston, you may want to err on the side of spending less. You may find yourself in a situation in a few short years where you significant other has a job in the suburbs and the prospect of sending your child to a city school is not appealing."}
{"_id": "356161", "title": "", "text": "\"Oftentimes, the lender (the owner of the security) is not explicitly involved in the lending transaction. Let's say the broker is holding a long-term position of 1MM shares from Client A. It is common for Client A's agreement with Broker A to include a clause that allows the broker to lend out the 1MM shares for its own profit (\"\"rehypothecation\"\"). Client A may be compensated for this in some form (e.g. baked into their financing rates), but they do not receive any compensation that is directly tied to lending activities. You also have securities lending agents that lend securities for an explicit fee. For example, the borrower's broker may not have sufficient inventory, in which case they would need to find a third-party lending agent. This happens both on-demand as well as for a fixed-terms (typically a large basket of securities). SLB (securities lending and borrowing) is a business in its own right.  I'm not sure I follow your follow-up question but oftentimes there is no restriction that prevents the broker from lending out shares \"\"for a very short time\"\". Unless there is a transaction-based fee though, the number of times you lend shares does not affect \"\"pocketing the interest\"\" since interest accrues as a function of time.\""}
{"_id": "356165", "title": "", "text": "\"This seems to be a very emotional thing for people and there are a lot of conflicting answers.  I agree with JoeTaxpayer in general but I think it's worth coming at it from a slightly different angle. You are in Canada and you don't get to deduct anything for your mortgage interest like in the US, so that simplifies things a bit.  The next thing to consider is that in an amortized mortgage, the later payments include increasingly more principal.  This matters because the extra payments you make earlier in the loan have much more impact on reducing your interest than those made at the end of the loan. Why does that matter?  Let's say for example, your loan was for $100K and you will end up getting $150K for the sale after all the transaction costs.  Consider two scenarios: If you do the math, you'll see that the total is the same in both scenarios.  Nominally, $50K of equity is worth the same as $50K in the bank. \"\"But wait!\"\" you protest, \"\"what about the interest on the loan?\"\"  For sure, you likely won't get 2.89% on money in a bank account in this environment.  But there's a big difference between money in the bank and equity in your house: you can't withdraw part of your equity.  You either have to sell the house (which takes time) or you have to take out a loan against your equity which is likely going to be more expensive than your current loan. This is the basic reasoning behind the advice to have a certain period of time covered.  4 months isn't terrible but you could have more of a cushion.  Consider things like upcoming maintenance or improvements on the house.  Are you going to need a new roof before you move?  New driveway or landscape improvements?  Having enough cash to make a down-payment on your next home can be a huge advantage because you can make a non-contingent offer which will often be accepted at a lower value than a contingent offer. By putting this money into your home equity, you essentially make it inaccessible and there's an opportunity cost to that.  You will also earn exact 0% on that equity.  The only benefit you get is to reduce a loan which is charging you a tiny rate that you are unlikely to get again any time soon. I would take that extra cash and build more cushion.  I would also put as much money into any tax sheltered investments as you can.  You should expect to earn more than 2.89% on your long-term investments.  You really aren't in debt as far as the house goes as long as you are not underwater on the loan: the net value of that asset is positive on your balance sheet.  Yes you need to keep making payments but a big account balance covers that.  In fact if you hit on hard times and you've put all your extra cash into equity, you might ironically not being able to make your payments and lose the home. One thing I just realized is that since you are in Canada, you probably don't have a fixed-rate on your mortgage.  A variable-rate loan does make the calculation different.  If you are concerned that rates may spike significantly, I think you still want to increase your cushion but whether you want to increase long-term investments depends on your risk tolerance.\""}
{"_id": "356175", "title": "", "text": "The bullshit out of your mouth is absolutely ridiculous.   It's all about a higher risk from a drug addicted loser. Sure there's other shit, but the risk of injury and lawsuits goes way up and no business should deal with it.   Drug users are less reliable too."}
{"_id": "356183", "title": "", "text": "I'd start paying off the smallest balance first.   Hopefully, that can get cleared in a few months.   When that happens, close the account and try to get your bank loan again.    Keep repeating this process until either you pay off all of the debt.     After you've paid off one or two loans and put the negative marks of your credit history further into the past, you'll be able to make better progress."}
{"_id": "356185", "title": "", "text": "\"Yeah, so in other words, democracy is a sham because voters are stupid enough that the amount spent on a campaign actually can change voter opinion sufficient to sway elections.  The alternative is to end political democracy and replace it with an entirely voluntary-funded democracy, where you vote with your money. This system already exists, the arch nemesis to politics, and its leaders are \"\"elected\"\" by their ability to provide customers with better value, leaders like Bill Gates, Sam Walton, Steve Jobs, Warren Buffet, Elon Musk (tesla), Sergey Brin and Larry Page (google), Jeff Bezos (amazon).  In political democracy, everyone can be forced to fund the choices that only 25% of adults actually supported. Obama, for instance, won just 25% of adult votes. In most elections it's similar low % of actual support. In the economic democracy, you buy what you want and that doesn't hamper someone else's ability to buy what they want. Multiple service providers can exist together. All we need to do is privatize and distribute ownership of roads to property owners who have paid for them all of this time, privatize schools so kids learn actual skills that others will pay them for, private police and let each property owner establish their own rules to be enforced on their own property... let others then ostracize and avoid those with stupid rules.  The move to a completely voluntary society is a worthwhile goal, though nothing can possibly end wealth inequality, since every time something new is invented the inventor becomes wealthy through voluntary trade, at no loss to others.\""}
{"_id": "356202", "title": "", "text": "\"One other thing to consider, particularly with Vanguard, is the total dollar amount available.  Vanguard has \"\"Admiralty\"\" shares of funds which offer lower expense ratios, around 15-20% lower, but require a fairly large investment in each fund (often 10k) to earn the discounted rate.  It is a tradeoff between slightly lower expense ratios and possibly a somewhat less diverse holding if you are relatively early in your savings and only have say 20-30k (which would mean 2 or 3 Admiralty share funds only).\""}
{"_id": "356209", "title": "", "text": "\"I must point that without the IT - no-one in the bank generates any revenue. Not to mention the fraud prevention and informational security. To the best of my knowledge - IT in banks and financial institutoins are paid very well for their services, and they earn every penny of it. IT is not just online banking or computer support. IT is the whole underlying infrastructure of the modern banking. Investor without the proper links to the stock exchanges will go elsewhere, loans that cannot be evaluated fast enough (using of course the IT infrastructure) will be taken from someone else, CD's for which the interest is calculated manually will probably not be as attractive as the CD's managed by the computers at the bank next door, credit and debit transactions, ACH, direct deposit, etc - cannot be done without IT. So IT is not expense, IT is infrastructure (and that is \"\"operations\"\" in the budget books). Every function of the bank that generates revenue - relies and depends on it.\""}
{"_id": "356212", "title": "", "text": "Caribbean Edibles infused full spectrum hemp oil into all of our organic fruit-flavored products totally masking all of the original Pina colada hemp oil taste. Making it a delightful addition to your daily supplement intake. Every drop reminds you of that amazing Caribbean trip took with your loved ones."}
{"_id": "356237", "title": "", "text": "Here's a good run-down of what's required to handle the reporting of tip income. To address this question specifically, here's the relevant instructions from that post: If your allocated tips are less than what's recorded in your daily log, and you reported your tips to your employer, then it is likely that something is wrong with your employer's recordkeeping system. You can ask your employer to correct your W-2. You should report the allocated tips on Form 4137, plus any additional tips you show in your daily records."}
{"_id": "356259", "title": "", "text": "Precious metals also tend to do well during times of panic. You could invest in gold miners, a gold or silver ETF or in physical bullion itself."}
{"_id": "356261", "title": "", "text": "All good points so far. To build on what's already been said, remember that the market is pricing in future earnings. If Facebook and Cisco were, for the sake of argument, the same book value and spitting out the same net income, the market could price Facebook much higher than Cisco's because the market believes FB can return more than Cisco can. The idea is that Facebook's competitive position relative to its competitors and is a much more stable and defensible position than Cisco's.   You're right though, that the market could be overvaluing Facebook's future and being overly optimistic. How do you price the fact that most people around the world who are getting access to the internet for the very first time, are doing so only through Facebook? This probably partially explains its inflated market cap."}
{"_id": "356276", "title": "", "text": "I contacted Virgin Money to ask if the prepaid card you mentioned offers a Swift/BIC code, and they gave me this response: We do not have a Swift or BIC number for the Virgin Prepaid Card. You are unable to transfer funds from the Prepaid Card to another bank but you can set up a bank transfer to the Prepaid Card. Once you receive your card you can log onto your online account and you will have a form you can print off. On the form you will have an account number, sort code and a unique reference number for your bank to set up the transfer. This may work for your purposes, or it may not. If you want more information about that specific card, your best bet is to contact them and ask any other specific questions you have. The same strategy should work for any prepaid card company. Just call or email them, describe your situation, and ask if their card will work."}
{"_id": "356316", "title": "", "text": "&gt;old investors  SS is not an investment. It is a Tax. Learn the difference. Thus you pay for it with the [Federal Insurance Contributions Act tax (FICA)](http://en.wikipedia.org/wiki/Federal_Insurance_Contributions_Act_tax).   It is *not* an investment, you do not have an account with your money, it has *always* been a pay as you go plan, just like medicare, funds for schools, and all the other programs.  So you fail again on all counts.   &gt;And what part of the constitution says the US government should collect some of my wages and save it for me for later?  Since it is a tax, Article I, Section 8, Clause 1 covers it pretty well. And the Supreme Court has held that the two mentions of promoting the general welfare also allow taxation for promoting the general welfare.  You might want to learn about what the Constitution actually says and more importantly *how that is interpreted by law* instead of what you think it says.  &gt;You do know, some people have opted out of SS? Even the US government will not take the fight to court.  The US government wrote the laws that specify exactly who can opt out. Most people *cannot* just opt out because they don't meet the criteria. Again you're wrong."}
{"_id": "356346", "title": "", "text": "\"Unless you have a good handle on what niches the startups of yesteryear were entering I think it is hard to get a handle on why there is a decline.  Is this a decline in the number of restaurants being started or is this a decline in the number of internet startups.  The reasons will depend on the character of the startups.  One trend I think is pretty common is the decline of the local market.  The internet and free shipping makes the internet the growth area for specialized commerce.  So many commerce niches are threatened it would take a real optimist to consider a start-up in a niche that is essentially being the local distributor for something people can get more cheaply on-line.    Then there is the idea that,  \"\"local\"\" doesn't mean the same thing as it did  even 30 years ago as people drive further to get the essentials at big box stores.  A declining main street of a small town, or a declining mall in the suburbs isn't an attractive place to be an entrepreneur.  On the other hand competing in the big box strip on the edge of town has its own challenge:  people are shopping at 80km/hr and you need a huge storefront  and/or a huge advertising budget even to get noticed.    If the decline is in the number of restaurant startups,  it might be that this is related to a decline in middleclass disposable income.   If it is a decline in internet startups,  perhaps it is just showing a maturing of the industry from a fast growth phase where all sorts of unfilled niches were open for the quick entrepreneur to a more mature market where the internet is consolidating with a few behemoths taking up all the oxygen.\""}
{"_id": "356374", "title": "", "text": "YMMV, but I don't accept non-answers like that from HR.  Sometimes you need to escalate. Usually when I get this sort of thing, I go to my boss and he asks them the question in writing and they give him a better answer. (HR in most companies seem to be far more willing to give information to managers than employees.) Once we both had to go to our VP to get HR to properly listen to and answer the question. Policies like this which may have negative consequences (your manager could lose a good employee over this depending on how to close to retirement you are and how much you need to continue making that larger contribution) that are challenged by senior managment have a better chance of being resolved than when non-managment employees bring up the issue. Of course I havea boss I know will stand up for me and that could make a difference in how you appraoch the problem."}
{"_id": "356386", "title": "", "text": "\"Perhaps, but you could make a similar case against many many things, like alcohol. Non drinkers would probably consider it completely net negative, but most casual drinkers positive. Which segment of society gets to make the \"\"moral\"\" decisions? If straight majority then you get potentially 49% unhappy people.   I believe that if people truly had to pay for the consequences of their actions, they would make smarter decisions. Of course that means that people need access to accurate information.\""}
{"_id": "356387", "title": "", "text": "* Bojack = awful * Mindhunter = good * Big mouth = ok * Beasts of no nation = can't comment * The Crown = massively over rated - seriously Lithgow as Churchill? Wow. * Kimmy = yep love it. * Stranger things = yep love it * Master of None = awful, huge waste of money * Peaky Blinders = awful * Bloodline = Great * Narcos = Great * Love = OK * Easy = terrible.    You didn't mention Girl Boss (cancelled) Gypsy (cancelled) and all of the Adam Sandler garbage like Ridiculous 6...  So yeah I stand by my call, it's 50/50 if they make a good show at the moment."}
{"_id": "356388", "title": "", "text": "\"Derivatives derive their value from underlying assets.  This is expressed by the obligation of at least one counterparty to trade with the other counterparty in the future.  These can take on as many combinations as one can dream up as it is a matter of contract. For futures, where two parties are obligated to trade at a specific price at a specific date in the future (one buyer, one seller), if you \"\"short\"\" a future, you have entered into a contract to sell the underlying at the time specified.  If the price of the future moves against you (goes up), you will have to sell at a loss.  The bigger the move, the greater the loss.  You go ahead and pay this as well as a little extra to be sure that you satisfy what you owe due to the future.  This satisfaction is called margin. If there weren't margin, people could take huge losses on their derivative bets, not pay, and disrupt the markets.  Making sure that the money that will trade is already there makes the markets run smoothly. It's the same for shorting stocks where you borrow the stock, sell it, and wait.  You have to leave the money with the broker as well as deposit a little extra to be sure you can make good if the market moves to a large degree against you.\""}
{"_id": "356404", "title": "", "text": "well considering the Bang up job they are doing with all the trillions of dollars and troop surges and 16 years of war, I can only summarize that if the US military was not so committed, the Taliban would definitely invade us, otherwise what the fuck are we doing there?"}
{"_id": "356412", "title": "", "text": "Considering that North Korea fired a [missile OVER fucking Japan](https://www.nytimes.com/2017/08/28/world/asia/north-korea-missile.html?mcubz=3)  One has to wonder what and why and where are the missile shields etc, because so far they only seem to intercept friendly test missiles, this would have been a real good opportunity to show that it works.   But that heartening news aside he wants to hurt the South Koreans economically?  Is PePe le Pew confused as to who our allies are, because it seems he is intentionally breaking off . .perhaps insulating the world against the comming US default?"}
{"_id": "356416", "title": "", "text": "\"&gt;Annnnnnd if you think about it a lot of the red and blue section went into shoring up bank balance sheets. Why? I can't prove it yet but i suspect twas to support the derivatives market and keep it from collapsing.  This is [my thought as well], in addition to the interest on excess reserves being used as a surreptitious means of \"\"recapitalizing\"\" the TBTF (which won't work, of course, as Dimon has demonstrated).\""}
{"_id": "356425", "title": "", "text": "Add accounting as a second major, you'll look extra good and will be able to get a good paying job straight out out of school. All of my friends who have been accountants (sample size of two) have gotten very high paying internships with BOA ($25-$35 an hour), with guaranteed well paying jobs straight out of school. I went to a decent school, not great or anything. I got into finance because of a family member.   Finance and accounting are a great combo too, so it will increase your chances of breaking into finance. They often share a lot of courses, so it is not a difficult switch to make, and if you're going into your junior year it shouldn't add more than a year with a packed schedule; plus the classes are easy."}
{"_id": "356428", "title": "", "text": "I was asked at an interview what type of car I drove and if I believe in man-made climate change... I know the Reddit hivemind likes to downvote anyone that promotes skepticism against the environmental crowd but I thought it was insulting, regardless of politics."}
{"_id": "356429", "title": "", "text": "\"we had a sears just go out of business. for the first week of their going out of business \"\"sale\"\" they actually *increased* some of their prices. wtf? the second week of their sale everything was supposed to be market down but was actually regular price. no wonder they are going out of business.\""}
{"_id": "356451", "title": "", "text": "Dexmet\u2019s expanding process is efficient and cost effective especially when manufacturing expensive raw materials such as, Titanium, Niobium, Zirconium and Platinum. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "356452", "title": "", "text": "Reddit has always had a thing for nuclear. There was a period of time when there were more reddit posts about thorium reactors than there are posts about Tesla Motors now...  The main point that is ignored is that nuclear is more expensive than natural gas after considering the building cost.  On an aside the post you made sort of proves his point. There *is* an arguably unwarranted weird stigma attached to supporting nuclear."}
{"_id": "356453", "title": "", "text": "\"Last week I dropped and shattered the screen on my Nexus 4. For a quick replacement I bought a brand new unlocked Moto E from amazon for $129. I forgot that Google bought Motorola, until my new phone came and had a screen protector that had \"\"Motorola, a Google company\"\" printed on it. The phone is damn nice for a budget model, as it's unlocked, doesn't have any carrier crapware preinstalled, and is running android 4.4 vanilla. It even has gorilla glass. What it's missing is a front facing camera, or a flash for the rear one. But one thing I like better than my nexus is that it has a micro SD card slot so I was able to add 32gb to the built in 4gb. Overall it's a really nice phone, and for only $129 compares to the $400 I paid for the nexus 4 a year and a half ago, I'm quite pleased with it.\""}
{"_id": "356454", "title": "", "text": "In addition to other answers consider the following idea. That guy could have invented say one thousand formulas many years ago and been watching how they all perform then select the one that happened to be beat the market."}
{"_id": "356465", "title": "", "text": "As mentioned in several other answers, the main reason for high rates is to maximize profit. However, here is another, smaller effect: The typical flow of getting money from an ATM: Suppose you have a minute to consider the offer, then in that time the currency may drop or rise (which you can see from an external source of information). Therefore this opens a window for abuse. For real major currencies these huge switches are rare, but they do happen. And when 1 or 2 minor currencies are involved these switches are more common. Just looking at a random pair for today (Botswana Pula to Haitian Gourde) I immediately spotted a moment where the exchange rate jumped by more than 2 %. This may not be the best example, but it shows why a large margin is desirable. Note that this argument only holds for when the customer knows in advance what the exchange rate would be, for cases where it is calculated afterwards I have not found any valid excuse for such large margins (except that it allows them to offer other services at a lower price because these transaction)."}
{"_id": "356480", "title": "", "text": "\"Past work, while certainly an important component, is not a *necessary* component.  As otherwiseyep stated before, it is credibility that is important. A farmer can promise a million bushels, and yes, it certainly could be fantasy; but his \"\"fantastical\"\" promise nevertheless has value if the other parties involved believes his promise.   Actual production has little relevance when it comes to worth, at least until someone actually tries to collect on said promises. This would create problems in a small, closed world, where the breaking of a promise would have huge ramifications on the economy as a whole; but, in the real world, broken promises are countered by the their naturally occurring opposite: under-valued promises.   The upset of this balance is, in fact, the essence of every financial crisis/boom. The vastness of the world economy means that money can never be truly representative of actual production.   Regarding the complaints about the high cost of higher education; the complaints are that the price of a degree is not indicative of its true worth. The widespread availability of a college education is one of the main factors as to why people believe college educations are too expensive. If there was an actually perceived limited supply of seats at schools, as you suggest, then the general public would value the seats more, and maybe wouldn't complain about the costs as much.\""}
{"_id": "356483", "title": "", "text": "I'd be interested in seeing a source regarding the transposing of signatures onto different documents.  That's blatant criminal fraud without even falling into a grey area.  About math, a study ran in the Economist showed that people who were bad at relatively basic math (understanding fractions, interest, percentages) were far more likely to have requested loans they could not afford."}
{"_id": "356490", "title": "", "text": "If I sell a covered call, on stock I own 100%, there is no risk of a margin call. The stock goes to zero, I'm still not ask to send in more money. But, if bought on margin, margin rules apply.  A naked put would require you to be able to buy the stock if put to you. As the price of the stock drops, you still need to be able to buy it at the put strike price.  Mark to market is just an expression describing how your positions are considered each day."}
{"_id": "356514", "title": "", "text": "It is my understanding that there are no penalties for withdrawals and you can withdraw as much as you want as often as you want, including more than once in the same calendar year.  Of course, the money must be in cash in the TFSA, which may require you to sell something.  That sale may have fees associated with it and possibly penalties for early withdrawal, etc. There is still huge confusion over this, because there are penalties for over-contributions in the calendar year.  You contribution limit is still $5,500/year, regardless of how much you may have withdrawn in that same calendar year. So if you withdraw $10K in 2013, you can still only contribute $5,500 in 2013.  In 2014, you can contribute $5,500, PLUS you can also contribute an additional $10K for the 2013 withdrawal of $10K.  Think of it like 2 separate limits, one for current year, and one a running total of all past withdrawals."}
{"_id": "356515", "title": "", "text": "\"You don't state where you are, so any answers to this will by necessity be very general in nature. How many bank accounts should I have and what kinds You should have one transaction account and one savings account. You can get by with just a single transaction account, but I really don't recommend that. These are referred to with different names in different jurisdictions, but the basic idea is that you have one account where money is going in and out (the transaction account), and one where money goes in and stays (the savings account). You can then later on, as you discover various needs, build on top of that basic foundation. For example, I have separate accounts for each source of money that comes into my personal finances, which makes things much easier when I sit down to fill out the tax forms up to almost a year and a half later, but also adds a bit of complexity. For me, that simplicity at tax time is worth the additional complexity; for someone just starting out, it might not be. (And of course, it is completely unnecessary if you have only one source of taxable income and no other specific reason to separate income streams.) how much (percentage-wise) of my income should I put into each one? With a single transaction account, your entire income will be going into that account. Having a single account to pay money into will also make life easier for your employer. You will then have to work out a budget that says how much you plan to spend on food, shelter, savings, and so on. how do I portion them out into budgets and savings? If you have no idea where to start, but have an appropriate financial history (as opposed to just now moving into a household of your own), bring out some old account statements and categorize each line item in a way that makes sense to you. Don't be too specific; four or five categories will probably be plenty. These are categories like \"\"living expenses\"\" (rent, electricity, utilities, ...), \"\"food and eating out\"\" (everything you put in your mouth), \"\"savings\"\" (don't forget to subtract what you take out of savings), and so on. This will be your initial budget. If you have no financial history, you are probably quite young and just moving out from living with your parents. Ask them how much might be reasonable in your area to spend on basic food, a place to live, and so on. Use those numbers as a starting point for a budget of your own, but don't take them as absolute truths. Always have a \"\"miscellaneous expenses\"\" or \"\"other\"\" line in your budget. There will always be expenses that you didn't plan for, and/or which don't neatly fall into any other category. Allocate a reasonable sum of money to this category. This should be where you take money from during a normal month when you overshoot in some budget category; your savings should be a last resort, not something you tap into on a regular basis. (If you find yourself needing to tap into your savings on a regular basis, adjust your budget accordingly.) Figure out based on your projected expenses and income how much you can reasonably set aside and not touch. It's impossible for us to say exactly how much this will be. Some people have trouble setting aside 5% of their income on a regular basis without touching it; others easily manage to save over 50% of their income. Don't worry if this turns out a small amount at first. Get in touch with your bank and set up an automatic transfer from your transaction account to the savings account, set to recur each and every time you get paid (you may want to allow a day or two of margin to ensure that the money has arrived in your account before it gets taken out), of the amount you determined that you can save on a regular basis. Then, try to forget that this money ever makes it into your finances. This is often referred to as the \"\"pay yourself first\"\" principle. You won't hit your budget exactly every month. Nobody does. In fact, it's more likely that no month will have you hit the budget exactly. Try to stay under your budgeted expenses, and when you get your next pay, unless you have a large bill coming up soon, transfer whatever remains into your savings account. Spend some time at the end of each month looking back at how well you managed to match your budget, and make any necessary adjustments. If you do this regularly, it won't take very long, and it will greatly increase the value of the budget you have made. Should I use credit cards for spending to reap benefits? Only if you would have made those purchases anyway, and have the money on hand to pay the bill in full when it comes due. Using credit cards to pay for things is a great convenience in many cases. Using credit cards to pay for things that you couldn't pay for using cash instead, is a recipe for financial disaster. People have also mentioned investment accounts, brokerage accounts, etc. This is good to have in mind, but in my opinion, the exact \"\"savings vehicle\"\" (type of place where you put the money) is a lot less important than getting into the habit of saving regularly and not touching that money. That is why I recommend just a savings account: if you miscalculate, forgot a large bill coming up, or for any other (good!) reason need access to the money, it won't be at a time when the investment has dropped 15% in value and you face a large penalty for withdrawing from your retirement savings. Once you have a good understanding of how much you are able to save reliably, you can divert a portion of that into other savings vehicles, including retirement savings. In fact, at that point, you probably should. Also, I suggest making a list of every single bill you pay regularly, its amount, when you paid it last time, and when you expect the next one to be due. Some bills are easy to predict (\"\"$234 rent is due the 1st of every month\"\"), and some are more difficult (\"\"the electricity bill is due on the 15th of the month after I use the electricity, but the amount due varies greatly from month to month\"\"). This isn't to know exactly how much you will have to pay, but to ensure that you aren't surprised by a bill that you didn't expect.\""}
{"_id": "356519", "title": "", "text": "&gt;It will also make your brightest people leave faster to set up new competitors.  Not if wage increases are done according to how the article is written.  It's mainly criticizing Bezos for not funding things like retirement plans and severance packages.  I don't think any of Amazon's best or brightest are waiting for the retirement benefits to increase before they make their exit.  Moreover, when you're talking about shitty wages at Amazon, you're generally talking about the peons in the warehouses.  Amazon is famous for shitty working conditions, but they pay for middle management and other corporate jobs is pretty decent.  I've generally read that people question whether the money is worth the stress and demanding schedules, not whether the money is good by its' own right.  It's the warehouse staff who're being paid peanuts for regular salary.  &gt;it could mess up with whatever HR or managers are trying to do in managing their team and culture  You mean the famously toxic culture that's so widely written about?  I thought it's common knowledge that Amazon is a miserable place to work."}
{"_id": "356535", "title": "", "text": ""}
{"_id": "356544", "title": "", "text": "\"As was suggested here, I checked with the state for \"\"Unclaimed Funds,\"\" and despite the fact that I had already done so and found nothing, the funds were now there to be retrieved. So, the takeaway here is, keep checking periodically, it might just take a bit for things to settle out. This link is endorsed by NJ State, and covers much of the US: http://www.missingmoney.com/. Otherwise check with your state's Dept of Treasury.\""}
{"_id": "356552", "title": "", "text": "I have been on the same boat as you are right now. So basically, it depends on your goals, risk tolerance, upcoming life events! You want a plan not just for this particular 50K, but for your household assets and future earnings to come! My suggestion: Get a flat fee, online financial advisor to do the work for you. You don\u2019t have to figure this out by yourself. Personally, I would invest in a portfolio that: Offers dynamic asset allocation plans that evolves over time based on changing market conditions. Offers a healthy mix of beta and alpha strategies along with the liquidity and ability to monitor activity online. Has structural risk management in place. Risk management is as much about increasing risk as it is about cutting risk. Therefore, you want a plan for de-allocating and re-allocating risk Hope this helps."}
{"_id": "356569", "title": "", "text": "An argument from the extreme. I can do that too, watch:  *Or you can leave this country which values its taxes, and government services, and strike out for a no tax, no government haven that I am sure is out there somewhere...*  See how that works."}
{"_id": "356589", "title": "", "text": "I watch so little tv any more.  The commercials are ruining it.  You try to watch a great movie and every 8 minutes you have to watch 5 minutes of commercials. How can anyone enjoy a movie like this?  I instantly close all pop up commercials on the internet.  90% of all commercials have no relevance to me so I have no use for them. Most of them are nothing but half-truths and lies anyway.  But in reality, tv has nothing but garbage on it anyway and if it were not for sports I probably wouldn't watch it all."}
{"_id": "356595", "title": "", "text": "Whatever you do, don't take your retirement savings to Vegas. Second, you should also consider investment expenses. Your investments profit after the managers pay themselves. Get the lowest expense ratio mutual funds you can. Third, most active managers do not beat the market. Index funds are your friends. They also tend to have the lower expense ratios."}
{"_id": "356623", "title": "", "text": "I understand you're trying to ask a narrow question, but you're basically asking whether you should time the market.  You can find tons of books saying you shouldn't try it, and tons more confirming that you can.  Both will have data and anecdotes to back them up.  So I'll give you my own opinion. Market timing, especially in a macro sense, is a zero-sum game.  Your first thought should be: I'm smarter than the average person; the average person is an idiot.  However, remember that a whole lot of the money in the market is not controlled by idiots.  You really need to ask yourself if you can compete with people who get paid to spend 12 hours a day trying to beat the market. Stick with a mid-range strategy for now.  Your convictions aren't and shouldn't be strong enough at the moment to do otherwise.  But, if you can't resist, I say go ahead and do what you feel.  Regardless of what you do, your returns over the next 3 years won't be life changing.  In the meantime, learn as much as you can about investing, and keep a journal of your investment activity to keep yourself honest."}
{"_id": "356626", "title": "", "text": "&gt; If I want to pass on my success to my children it should be my choice  Fine. Pass on the *money you earned while you were alive*. After you're dead, you're not producing *anything*. Why should third parties who never were involved in your 'property' continue to get paid?"}
{"_id": "356637", "title": "", "text": "If you are confident that the US Dollar will recover compared to the Australian Dollar then you could use your Australian dollars (assuming you have some) to buy an ETF that tracks the value of the USD. Then after the USD makes its run (or after the Australian dollar falls) you can cash out and claim victory. If that's not quite your situation, or if you want to learn more Investopedia has a great article that talks more about investing in currency ETFs and mentions a couple other options out there."}
{"_id": "356648", "title": "", "text": "\"I strongly suspect avoutthere meant physically overweight.  It's a very common belief that poor people are more likely to be overweight.  And while that claim is heavily disputed statistically, the inverse claim (that the poor are *less* likely to be overweight) does not seem to have any support.  So if you'd accept the claim \"\"Americans are fat\"\", you'd also have to accept the claim \"\"American poor people are fat\"\", even if they're not *more* likely to be obese.\""}
{"_id": "356669", "title": "", "text": "The financially best choice depends on which has a lower interest rate and what your other debts are. If you have significant other debts with a higher interest rate, it may make good sense to sign up for the longer-term loan and use your extra money to pay those down first.  Then pay down your mortgage with large payments. If you don't have significant other debts, then it is likely a good idea to take a shorter term loan because those tend to have lower interest rates. In either case, remember that the required loan payments are the minimum payments.  You can always pay more, and in many cases you should.  The objective here is to pay as little interest over the course of your life as is feasible. I don't think it makes too much sense to gamble on whether or not interest rates will rise in the future.  They may or may not over the life of your loan and you are not in a position to know which.  They are low now, so they can be compared to your existing loans usefully.  That is enough information to make rational decisions today."}
{"_id": "356673", "title": "", "text": "This will just hasten the wristwatchs transition to an all digital device. I believe Apple is thinking about transitioning the Nano into a watch like device in upcoming generations, to sync with with phones as a second screen device.  Good luck competing with that, Swatch."}
{"_id": "356674", "title": "", "text": "Duh. Obamacare is a huge boon for health insurance companies, forcing everyone to buy their product, not providing a public option and effectively entrusting the bulk of American healthcare into the insurance companies. Of course they are going to like Obamacare. Is this really surprising?"}
{"_id": "356697", "title": "", "text": "1. Baby boomers homes ending up in the hands of the bank.   2. Millennials can't afford houses bc of school debt/cost of living increases  3. Slow move away from major cities to cheaper areas  4. Real estate boom from foreign investors developing all these luxury homes/condos  Add them all up prices crash again"}
{"_id": "356710", "title": "", "text": "\u0110\u00f3 l\u00e0 c\u00e1i nh\u00ecn \u0111\u1eb9p c\u1ee7a m\u00e1i nh\u00e0 trong ph\u00f2ng. Ch\u00fang t\u00f4i s\u1eed d\u1ee5ng v\u1eadt li\u1ec7u hi\u1ec7u n\u0103ng cao, hi\u1ec7u qu\u1ea3 v\u1ec1 chi ph\u00ed cho kh\u00e1ch h\u00e0ng.Tr\u01b0\u1edbc h\u1ebft b\u1ea1n n\u00ean kh\u1ea3o s\u00e1t c\u00e1c c\u00f4ng ty ph\u00e1t tri\u1ec3n s\u1ebd mua t\u1eeb b\u1ea1n. \u0110\u1ec3 \u0111\u1ea3m b\u1ea3o r\u1eb1ng b\u1ea1n \u0111\u01b0a ra c\u00e1c gi\u1ea3i ph\u00e1p ch\u1ea5t l\u01b0\u1ee3ng, b\u1ea1n ph\u1ea3i l\u1ecdc xu\u1ed1ng m\u1ed9t nh\u00f3m kh\u00e1ch h\u00e0ng c\u1ee5 th\u1ec3 thach cao vinh tuong. T\u1eadp trung v\u00e0o nh\u1eefng c\u00e1 nh\u00e2n mu\u1ed1n cung c\u1ea5p t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd, nh\u1eefng ng\u01b0\u1eddi \u0111ang t\u00ecm ki\u1ebfm nh\u00e0 tuy\u1ec7t v\u1eddi \u0111\u1ec3 mua, v\u00e0 nh\u1eefng ng\u01b0\u1eddi mu\u1ed1n m\u1ed9t chuy\u00ean gia \u0111\u1ec3 c\u1ea3i t\u1ea1o ng\u00f4i nh\u00e0 c\u1ee7a h\u1ecd. \u0110\u00e2y l\u00e0 nh\u1eefng kh\u00e1ch h\u00e0ng ti\u1ec1m n\u0103ng c\u00f3 th\u1ec3 gi\u00fap b\u1ea1n ki\u1ebfm \u0111\u01b0\u1ee3c nhi\u1ec1u h\u01a1n b\u1ea1n mong \u0111\u1ee3i."}
{"_id": "356717", "title": "", "text": "Oh...I think that is exactly the case. This thing had amazing capabilities.   The set up process along was like programming a robot.   But who needs that?   They could have built a $20 hand operated roller with a handle and sold the living shit out of their packets. Same effect."}
{"_id": "356722", "title": "", "text": "\"The local K-Mart to us will sell the whole pizzas for even less if they're old. They've trained me and other customers. Come on \"\"When's the pizza getting old\"\" I ask. \"\"Come back in 10, we'll save one for you.\"\"  10 minutes later, me and 4 other people are grabbing $2-3 large pizzas. Whatever the fuck they feel like charging. In the meantime, I enjoy the time machine that is K-Mart. \"\"Wow, 2006 Hot Wheels! That shit's probably collectible by now!\"\"\""}
{"_id": "356726", "title": "", "text": "You just disclosed that you are new investor to the stock market. I'd advise that you first understand investing a bit better, as most will advise that investors need to be above a certain level before picking individual stocks.  That said, most stocks trade in high enough volume and have low enough short interest that they don't fall under the category you seek. You want to first ask your broker if they have such a process, not all do. If so, they would need to provide you with the stocks that fall into this odd situation, specifically, the shares that have traders seeking to short the stock, but the stock is unavailable. Even then, the broker may have requirements that you don't fall into, minimum history with broker, minimum size account, etc. Worse, they are not likely to offer this for 100 shares, but may have a 1000 or higher share requirement. Are you willing to buy some obscure $50/sh priced stock to lend out at 1%/mo? The guy trying to short it is far smarter than both you and I, at least regarding this particular stock. This strategy is more appropriate for the 7 figure net worth investor.  If any reader has actual experience with this, I'm happy to hear it. This response is from my recollection of two articles I read about 3 years ago, coincidence they both were published within weeks of each other."}
{"_id": "356743", "title": "", "text": "&gt; but we as a society do not even offer enough college courses to let people learn new skills.  Is this part of the problem? We, as a society, seem to be fascinated by training. I know of several people who are quite capable, but feel inadequate in doing a job until what they are doing has been validated by someone else through formal training.  I believe this is where KellyAnn3106's coworker was coming from when the [fit was thrown](http://www.reddit.com/r/business/comments/mv6gr/it_is_not_new_to_talk_about_the_need_to_acquire/c3469nh). Learning a new skill, in her coworker's eyes, means going back to a place of training and nobody wants to go back to college once they are in an established career; not unless it is happening as part of the job on the company dime.  A lot of these people grew up in a time where they were constantly reminded that college was the only way to find a job. The idea that you can learn some real marketable skills over the weekend just by playing with a hobby project would never occur to these people because to them college = job."}
{"_id": "356748", "title": "", "text": "Are you fed up with the continuous failed attempts login to your router? To access your router you first require accessing web address router login.net. If you can\u2019t access web address then you can\u2019t login to your Router. To know more about it Call on the Toll-free number to get attach with the experts."}
{"_id": "356767", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://eh.net/book_reviews/rulers-religion-and-riches-why-the-west-got-rich-and-the-middle-east-did-not/) reduced by 93%. (I'm a bot) ***** &gt; Here is the basic argument: any kind of ruler has power because his or her subjects accept their rule and their main concern is what Rubin calls &amp;quot;Propagating their rule.&amp;quot; How do you get people to accept you as their ruler and let you keep your job? Political power is supported by a combination of coercion and legitimacy.  &gt; Why and how did this matter to economic history? Rubin argues that religious authorities were in general conservative, and that the institutions they established are less aligned with commerce and finance than when an economically important elite such as rich urban merchants and artisans are more powerful.  &gt; As a result of their political influence, religious authorities in the Middle East were successful in blocking critical breakthroughs, most notably the printing press and more sophisticated financial institutions.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kt8n1/rulers_religion_and_riches_why_the_west_got_rich/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157447 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Rubin**^#1 **rule**^#2 **religious**^#3 **religion**^#4 **economic**^#5\""}
{"_id": "356785", "title": "", "text": "Leptokurtotic is a term I haven't even heard from my friends *with* math **player hating Degrees**.  I had to look it up, and this was annoying.  I view using it as some sort of complicated power play to keep me off balance, and it makes me confused and subsequently angry. I am not sure why.   In dumb person speak, I've always been under the impression that fatter tails are natural in social distrubutions. And have always been seen as prevalent in free markets of any form, regardless of leverage."}
{"_id": "356806", "title": "", "text": "&gt;[**12 \u0422\u043e\u043f\u043e\u0432\u044b\u0445 \u041a\u0440\u0430\u043d\u043e\u0432 \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439! \u041b\u0443\u0447\u0448\u0438\u0435 \u0441\u0430\u0439\u0442\u044b \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442 2017! \u041d\u043e\u0432\u044b\u0435 \u043a\u0440\u0430\u043d\u044b \u0441\u0430\u0442\u043e\u0448\u0435\u0439 \u0411\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u0432, \u0414\u043e\u0433\u043e\u0432 [6:24]**](http://youtu.be/itBMHB0-WxI)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0438 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u0438 \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^3 ^views ^since ^Aug ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "356816", "title": "", "text": "\"I think it is strange that this article did not bring up AngelList syndicates.  Also think it's interesting that seed rounds from 'super angels\"\" or \"\"c=micro-vc\"\" were not mentioned considering the numbers looks similar to what used to be an A Round.\""}
{"_id": "356819", "title": "", "text": "Suppose that the ETF is currently at a price of $100.  Suppose that the next day it moves up 10% (to a price of $110) and the following day it moves down 5% (to a price of $104.5).  Over these two days the ETF has had a net gain of 4.5% from its original price. The inverse ETF reverses the daily gains/losses of the base ETF.  Suppose for simplicity that the inverse ETF also starts out at a price of $100.  So on the first day it goes down 10% (to $90) and on the second day it goes up 5% (to $94.5).  Thus over the two days the inverse ETF has had a net loss of 5.5%. The specific dollar amounts do not matter here.  The result is that the ETF winds up at 110%*95% = 104.5% of its original price and the inverse ETF is at 90%*105% = 94.5% of its original price.  A similar example is given here. As suggested by your quote, this is due to compounding.  A gain of X% followed by a loss of Y% (compounded on the gain) is not in general the same as a loss of X% followed by a gain of Y% (compounded on the loss).  Or, more simply put, if something loses 10% of its value and then gains 10% of its new value, it will not return to its original value, because the 10% it gained was 10% of its decreased value, so it's not enough to bring it all the way back up.  Likewise if it gains 10% and then loses 10%, it will go slightly below its original value (since it lost 10% of its newly increased value)."}
{"_id": "356835", "title": "", "text": "\"(Yes, I know this is a seven year old question.) Does this only apply to debts that were taken on during marriage  Yes or to all debts of both partners? No. The important thing to remember is that it's both debts and assets acquired during the marriage which are shared. This comes from the reality that men in the olden times were the ones in business, accumulating wealth, etc while the woman \"\"made the home\"\".  The working assumption was that the woman who made the home was an equal partner with the man, since he benefited from a good home, and she benefited from his income. The fact that pre-marriage debts and assets were not community property also protected the woman, because she was able to then take back her dowry and use that to support herself. (N.B. - I live in a CP state.)\""}
{"_id": "356848", "title": "", "text": "\"It's called \"\"rebadging\"\" the staff. Take them into the new outsourced company, cut benefits and have them train their Indian replacements, then layoff the us staff. I managed 66 developers around the world. India was the worst. They charge about $25k/for fully loaded fte, replacing someone at $100k all in.\""}
{"_id": "356853", "title": "", "text": "They better wipe their goddamn servers when that happens. Though with the number of mishaps they've had so far they'll probably just move some unencrypted, non-password-protected file named ssns_and_names.xls into the recycle bin and leave the servers on the side of the road, thinking there's no way someone can get the data now."}
{"_id": "356862", "title": "", "text": "This was most likely a scam, although I do know of cases where a transfer intended for one company ended up in the bank account of another company. I am not entirely sure what happened afterwards, but I think the receiving company was asked to return the transfer back to the originating account.  Still, even if this was the case, they wouldn't have just abandoned $1k for a simple administration fee (if there was even any). It doesn't sound logical."}
{"_id": "356867", "title": "", "text": "As soon as you get some actual legal action you hire a lawyer, and that $23k is gone in a matter of weeks. They clearly let have another business to run - only a fool would bother chasing this.  In terms of 'what legal trouble' - we'll as you must know (since you have experience right?) it's legal trouble as soon as someone else decides to spend the time and money making it so. Just because you think there is no issues doesn't stop them attempting to sue (claim copyright in the suit design for example) - they will have a lawyer on their side saying 'sure if course this is illegal let's go get em!'. If and when that happens you are in a bind because turning up to court with no representation is a non starter - so even if you are right you have to expose yourself to the bills to get to that point."}
{"_id": "356873", "title": "", "text": "\"First of all, the only thing they can do to force you to pay is sue you. If they don't sue you, then they can't force you to do anything. All they have right now is just a written agreement you signed promising to pay. That by itself doesn't have legal power to take money from you. The worst they can do without suing you is put negative information on your credit report (which has probably already happened anyway). If they sue you within the \"\"statute of limitations\"\", they will almost certainly win and get a judgment against you, because you did agree to pay. With that judgment, the court can force you to reveal your income and asset information, and they can take the judgment to do things like seize money from your bank accounts and/or garnish your wages. And the judgment does not go away. However, if you have no money in the bank and/or income, they can't take any money from you, because you have none. They can't take more from you than you have. In other words, if you have no money or income, and won't have money or income soon, the judgment they can get by suing you and winning isn't worth the paper it's on. Since serving you and suing you takes money and effort, they will make a calculation on whether it is worth suing you based on the amount of debt and what amount of money they think they can get from you based on what they know about you. This is the reason why you may not be sued at all (if they calculate that it is not worth it), and also why they may offer you a settlement for a lesser amount (because is saves the cost of suing and the risk that they won't be able to get you to pay). The amount you mentioned (several thousand dollars) may be small enough for it to be not worth it. Another thing is the statute of limitations I mentioned earlier, which varies by state and is several years long. If they sue you after the statute of limitations passes, then you can raise the statute of limitations and get the lawsuit dismissed. So basically, after this amount of time passes, you are pretty much free from this debt. Note that the statute of limitations \"\"resets\"\" if you acknowledge the debt, which includes paying any amount on the debt or agreeing that you owe them this debt. So if the collection agency ever offers you benefits if you just sign a promissory note, or just pay a token amount, don't fall for the trap -- they are trying to reset the statute of limitations. Even though it's true that you owe them the debt, never let them hear you acknowledging it, unless it's part of a final settlement. Finally, if they get a judgment against you and you don't want them to have the ability to take your money indefinitely in the future until the debt is satisfied, there may be the option of bankruptcy. However, a few thousand dollars may not be worth the cost and negative consequences of bankruptcy, since as a young man you should be able to earn that amount quickly whenever you start working.\""}
{"_id": "356884", "title": "", "text": "If the UK is similar to Australia then you would not claim a virtual rent for the business portion but instead could claim a portion of the house expenses such as electricity use, property taxes, and yes a portion of the mortgage, and any repairs or renovations done to the work areas of the house. However, you should keep in mind that if you sell the place you may have to pay CGT on the portion you were claiming for business use."}
{"_id": "356928", "title": "", "text": "A checking account is one that permits the account holder to write demand drafts (checks), which can be given to other people as payment and processed by the banks to transfer those funds. (Think of a check as a non-electronic equivalent of a debit card transaction, if that makes more sense to you.) Outside of the ability to write checks, and the slightly lower interest rate usually offered to trade off against that convenience, there really is no significant difference between savings and checking accounts.  The software needs to be designed to handle checking accounts if it's to be sold in the US, since many of us do still use checks for some transactions. Adding support for other currencies doesn't change that. If you don't need the ability to track which checks have or haven't been fully processed, I'd suggest that you either simply ignore the checking account feature, or use this category separation in whatever manner makes sense for the way you want to manage your money."}
{"_id": "356929", "title": "", "text": "\"You can always ask. The answer is likely to be \"\"no\"\" -- the company is probably not set up to be able to tweak that number  on a case by case basis. I'm not sure whether there are regulations which might kick in, as well; these plans are regulated to prevent abuse and that tends to make doing anything unusual difficult. Find another tax-deferred/tax-advantaged investment and route the money there?\""}
{"_id": "356936", "title": "", "text": "May want to post in /r/landlord but stains on carpet are not normal wear and tear.   When you say hanging things left holes in the wall do you mean small picture nails, larger holes from toggle bolts, or holes from mounting a tv bracket?  Picture nail are normal wear and tear, the others are not.   If they are repairing homes in the wall then there will also be painting charges. If the have stains on the carpet and it wasn't that old then the price isn't bad."}
{"_id": "356970", "title": "", "text": "I can tell you other than Black Friday I haven't been there, and I have 3 kids to buy toys for. Amazon is bae - just compare prices online. We're not our parents who would walk into the store and buy us a random toy. Kids want specific things and if I can get it shipped free in a day for 30% less I'm doing it."}
{"_id": "356976", "title": "", "text": "Interesting point actually. Those who can afford watches (insert iPhone or internet access, etc) have a technological step up on the rest of us, by their sheer proxy to information and computational power via their devices and connections.   It's not biological, but we're enhancing ourselves vicariously through our tools every day."}
{"_id": "356987", "title": "", "text": "\"Depends on your definition of \"\"secure\"\". The most \"\"secure\"\" investment from a preservation of principal point of view is a non-tradable, general obligation government bond. (Like a US or Canadian savings bond.) Why? There is no interest rate risk -- you can't lose money. The downside is that the rate is not so good. If you want returns and a reasonably high level of security, you need a diversified portfolio.\""}
{"_id": "356990", "title": "", "text": "Lol where you been buddy? At one point it was the stock that everyone rode. But now it's come down from its peak significantly.   The new reports of the virus will surely hurt it more. I like their food and that virus can be caught anywhere. I feel as if a competitor wants to play dirty tactics within the food supply chain."}
{"_id": "357008", "title": "", "text": "When you apply for the mortgage expect that the lender will want your sister to sign a form explaining that that is a gift, otherwise the lender might be concerned that it is a loan. Be careful about the gifting of the money to a minor. You could run into an issue if the money isn't spent on something that benefits the child. The IRS does get concerned about using money transfers between child and parent to get around tax issues. Other than that you don't have a tax issue. If the gifting is done correctly your sister can gift $14,000 to you and your spouse each year. If your child has a large expenses in the near future: tuition, braces... Your sister could transfer funds to the child to pay for those items, thus freeing up some of your funds for the house."}
{"_id": "357013", "title": "", "text": "\"You asked about the challenges. The transition itself is the biggest one. For people to get used to the tax at the register vs at their paycheck. For a great number of people to find new work. I don't know the numbers, but anyone involved with personal income taxes would be out of work. Sales tax is already part of the process in most states, bumping it to a federal tax wont add too much in overhead.  I make no moral judgment, but consider, most prostitutes and drug dealers are avoiding income tax, but they still are buying the same goods in stores you and I are. This proposed tax reduces the collection noncompliance, and brings more people into \"\"the system\"\".  Another factor some may not like is the ability to affect behavior by picking and choosing what to promote, via deductions, such as home buying or charity.\""}
{"_id": "357017", "title": "", "text": "\"So basically, the bar has been lowered due to the fact that so many people don't qualify for credit. The medical debt issue is one thing, but the fact that only 28% of home purchases these days are first time home buyers instead of 40% says more about our unaffordable higher educational system, labor market and people's ability to earn decent income than it does about credit being \"\"too tight\"\".  If anything this is a loosening of standards since the banks have no alternative in order to drum up new sales. They're 12% off the mark and they're finding ways to close the gap. Wages probably won't get better, so they're better off accepting lower quality customers and rolling the dice on their ability to pay off debts over the life of the loans they issue.  Sounding familiar?\""}
{"_id": "357023", "title": "", "text": "Everbank just charges a 1% currency conversion fee for foreign ATM transactions. Unfortunately they don't seem to document this on their web site, but a call to customer services should confirm (A family member confirmed with them in the past and I also have personal experience while traveling). It appears About.com also reviewed a few last spring. While many places do only take cash, for larger transactions (such as lodging) I'd recommend considering carrying one of the credit cards that don't pass through the network charge for a net 0% (such as Capital One mentioned in another answer)."}
{"_id": "357037", "title": "", "text": "You should be careful about mingling your personal money and that of the business, even if it is a sole prop right now.  It is a good habit to keep separate business and personal bank/credit accounts just so that when you change to an LLC, it is simpler for you to separate what belongs to the company and what is yours personally.  What you're doing makes it more difficult (although only marginally so) to itemize business deductions that were paid with an ostensibly personal credit account.  The better habit to get into now is keeping that distinct separation between personal and business. That being said, there's nothing illegal in what you're doing, but it would make an accountant cringe, that's for sure. (chuckle) Hope this helps. Good luck!"}
{"_id": "357044", "title": "", "text": "&gt; pay in your own country is probably better  Totally untrue. Depends on your country, obviously, but I personally know several dozen H1Bs who wanted to stay here because they can make way, way more.  Agreed that the system is busted and needs significant reform to bring in a lot more qualified workers. But our situation is very, very different from that of any European country, so you can't make a direct comparison."}
{"_id": "357075", "title": "", "text": "Your numbers sound super off. Where exactly are you working? The starting salary for most CS jobs in SF/Bay Area is at LEAST 80k. Most of my friends in CS or anything marginally related in the Bay Area make closer to 150 at this point and at least half of them started with 90k+ starting salaries right out of school...I feel like you must be talking about a different part of the country. Although to be fair this study is pretty stupid because it doesn't take into account cost of living. 150k in SF is pretty much 75k in Chicago/Cleveland/Etc."}
{"_id": "357079", "title": "", "text": "But why can't two companies exchange goods directly without paying VAT? This would make the famous carousel fraud scam impossible and businesses won't have to deal with complicated refunds. Sales tax in the United States works as you describe.  Sales tax is charged only to end customers, not to businesses that themselves charge sales tax.  But this means that a criminal business can charge tax and just pocket it unless someone else reports it.  They can also evade income tax the same way.  Not to mention other issues like cross jurisdiction taxes (e.g. internet sales often evade sales tax).   The whole point of a Value Added Tax (VAT) is that they charge at each level.  This creates a system where each buyer reports the tax paid to the seller so as to be able to deduct it.  So the seller has to pay the VAT that they charged.  Or the tax authorities know and can revoke their VAT license.   If only the end user is charged tax, then fraud is easier than under a VAT.  So easy, I doubt they have a special name for it.  The fraudulent business just collects tax from end users and disappears.  Or simply fails to record those transactions.  You could call it missing transaction record fraud, but why bother?  It's just straight up tax fraud.  The complexity of the carousel fraud arises from the difficulty of evading a VAT."}
{"_id": "357094", "title": "", "text": "\"It will count as income, and you can deduct as much of your moving expenses as allowed by tax laws.   If you also count it as a reimbursement, then you're double-taxed - once for the income and again by reducing your moving deduction. The \"\"reimbursement\"\" amount is designed for when you get literally reimbursed for exact expenses directly, bypassing the tax on that compensation. The only difference will be that you (and your employer) pay FICA and medicare on the \"\"relocation bonus\"\" that you wouldn't if you were reimbursed.  Also, with a reimbursement you are not incentivized to minimize the cost of your relocation (since it's not your money you're spending).  With a bonus, since you get to keep whatever is left over, you have a vested interest in keeping your expenses down.\""}
{"_id": "357103", "title": "", "text": "\"My answer is specific to the US because you mentioned the Federal Reserve, but a similar system is in place in most countries. Do interest rates increase based on what the market is doing, or do they solely increase based on what the Federal Reserve sets them at? There are actually two rates in question here; the Wikipedia article on the federal funds rate has a nice description that I'll summarize here. The interest rate that's usually referred to is the federal funds rate, and it's the rate at which banks can lend money to each other through the Federal Reserve. The nominal federal funds rate - this is a target set by the Board of Governors of the Federal Reserve at each meeting of the Federal Open Market Committee (FOMC). When you hear in the media that the Fed is changing interest rates, this is almost always what they're referring to. The actual federal funds rate - through the trading desk of the New York Federal Reserve, the FOMC conducts open market operations to enforce the federal funds rate, thus leading to the actual rate, which is the rate determined by market forces as a result of the Fed's operations. Open market operations involve buying and selling short-term securities in order to influence the rate. As an example, the current nominal federal funds rate is 0% (in economic parlance, this is known as the Zero Lower Bound (ZLB)), while the actual rate is approximately 25 basis points, or 0.25%. Why is it assumed that interest rates are going to increase when the Federal Reserve ends QE3? I don't understand why interest rates are going to increase. In the United States, quantitative easing is actually a little different from the usual open market operations the Fed conducts. Open market operations usually involve the buying and selling of short-term Treasury securities; in QE, however (especially the latest and ongoing round, QE3), the Fed has been purchasing longer-term Treasury securities and mortgage-backed securities (MBS). By purchasing MBS, the Fed is trying to reduce the overall risk of the commercial housing debt market. Furthermore, the demand created by these purchases drives up prices on the debt, which drives down interest rates in the commercial housing market. To clarify: the debt market I'm referring to is the market for mortgage-backed securities and other debt derivatives (CDO's, for instance). I'll use MBS as an example. The actual mortgages are sold to companies that securitize them by pooling them and issuing securities based on the value of the pool. This process may happen numerous times, since derivatives can be created based on the value of the MBS themselves, which in turn are based on housing debt. In other words, MBS aren't exactly the same thing as housing debt, but they're based on housing debt. It's these packaged securities the Fed is purchasing, not the mortgages themselves.  Once the Fed draws down QE3, however, this demand will probably decrease. As the Fed unloads its balance sheet over several years, and demand decreases throughout the market, prices will fall and interest rates in the commercial housing market will fall. Ideally, the Fed will wait until the economy is healthy enough to absorb the unloading of these securities.  Just to be clear, the interest rates that QE3 are targeting are different from the interest rates you usually hear about. It's possible for the Fed to unwind QE3, while still keeping the \"\"interest rate\"\", i.e. the federal funds rate, near zero. although this is considered unlikely. Also, the Fed can target long-term vs. short-term interest rates as well, which is once again slightly different from what I talked about above. This was the goal of the Operation Twist program in 2011 (and in the 1960's). Kirill Fuchs gave a great description of the program in this answer, but basically, the Fed purchased long-term securities and sold short-term securities, with the goal of twisting the yield curve to lower long-term interest rates relative to short-term rates. The goal is to encourage people and businesses to take on long-term debt, e.g. mortgages, capital investments, etc. My main question that I'm trying to understand is why interest rates are what they are. Is it more of an arbitrary number set by central banks or is it due to market activity? Hopefully I addressed much of this above, but I'll give a quick summary. There are many \"\"interest rates\"\" in numerous different financial markets. The rate most commonly talked about is the nominal federal funds rate that I mentioned above; although it's a target set by the Board of Governors, it's not arbitrary. There's a reason the Federal Reserve hires hundreds of research economists. No central bank arbitrarily sets the interest rate; it's determined as part of an effort to reach certain economic benchmarks for the foreseeable future, whatever those may be.  In the US, current Fed policy maintains that the federal funds rate should be approximately zero until the economy surpasses the unemployment and inflation benchmarks set forth by the Evans Rule (named after Charles Evans, the president of the Federal Reserve Bank of Chicago, who pushed for the rule). The effective federal funds rate, as well as other rates the Fed has targeted like interest rates on commercial housing debt, long-term rates on Treasury securities, etc. are market driven. The Fed may enter the market, but the same forces of supply and demand are still at work. Although the Fed's actions are controversial, the effects of their actions are still bound by market forces, so the policies and their effects are anything but arbitrary.\""}
{"_id": "357108", "title": "", "text": "Although if you count only your data, it would be quite less 10 MB, multiply this by 1 million customers and you can see how quickly the data grows. Banks do retain data for longer period, as governed by country laws, typically in the range of 7 to 10 years.  The online data storage cost is quite high 5 to 10 times more than offline storage. There are other aspects, Disaster recover time, the more the data the more the time. Hence after a period of time Banks move the data into Archive that are cheaper to store but are not available to online query, plus the storage is not optimized for search. Hence retrieval of this data often takes few days if the regulator demands or court or any other genuine request for data retrieval."}
{"_id": "357113", "title": "", "text": "Is your credit card spending on things outside the categories listed in your question? I generally don't put credit card expenditures in their own category of spending because I'm buying things like gas and groceries, etc. I track all spending whether from my checking account (bill autopay) or credit card account as spending in budget categories, and I just transfer money from my checking account to my credit card account to cover anything that was spent there during the previous month."}
{"_id": "357127", "title": "", "text": "Since the market is in general rather efficient, the price of the ETF will most of the time reflects the prices of the underlying securities. However, there are times when ETF price deviates from its fundamental value. This is called trading at a premium/discount. This creates arbitrage opportunity, which is actually being studied in finance literature."}
{"_id": "357129", "title": "", "text": "Driver's license isn't relevant. If NYS considers you a part-year resident, they assess income tax on a pro rata basis. NY is broke now, so expect them to be really obnoxious about it if you make a lot of money. California probably has a similar policy. If you really make a lot of money, the demands of the states in these matters are insane. I've read of cases where a state has actually demanded that an individual provide documentation of their in-/out-of-state status for every day of the year!"}
{"_id": "357178", "title": "", "text": "\"Joe Blo Digital Heaven is a name but not an author  you see, an author can be researched via simple Google queries.  I have found a BOATLOAD of these \"\"authors\"\" to have LinkedIn links, Twitter accounts and Fakebook...but ZERO actual credentials  so if a garbage of load of fakers can be easily exposed, the ones who don't even list a name could be even more fake\""}
{"_id": "357184", "title": "", "text": "There are P2P lending sites like prosper.com and lendingclub.com (both have 35K limit) where you can take out a personal loan. Don't expect the rate to be nowhere close to a secured loan like a mortgage or a car loan."}
{"_id": "357200", "title": "", "text": "Rules of thumb? Sure - Put down 20% to pay no PMI.  The mortgage payment (including property tax) should be no more than 28% of your gross monthly income.  These two rules will certainly put a cap on the home price. If you have more than the 20% to put down on the house you like, stop right here. Don't put more down and don't buy a bigger house. Set that money aside for long term investing (i.e. retirement savings) or your emergency fund. You can always make extra payments and shorten the length of the mortgage, you just can't easily get it back.  In my opinion, one is better off getting a home that's too small and paying the transaction costs to upsize 5-10 years later than to buy too big, and pay all the costs associated with the home for the time you are living there. The mortgage, property tax, maintenance, etc. The too-big house can really take it toll on your wallet."}
{"_id": "357226", "title": "", "text": "I worked there for a year and a half I hope these people find better jobs... it won't be hard it wasn't for me. The way they pay you commission HA now there's something that should be illegal. I got a class action in the mail last month from something they didn't pay us for. $90 I'm not sure what symbolically I can do with he money wiping my ass with it seems too played out.   Lambert just saw the opportunity I don't blame him it was a dumpster fire when he got it. I knew there was no future in it before I got the job, I mean who the hell goes to Sears anymore.  It's basically a thrift store but dirtier and I'd rather go to a thrift store you might find something cool and different."}
{"_id": "357232", "title": "", "text": "I think you're missing Simon Moore's point. His point is that, due to low inflation, the returns on almost all asset classes should be less than they have been historically, so we shouldn't rebalance our portfolio or withdraw from the market and hold cash based on the assumption that stocks (or any other asset) seem to be underperforming relative to historical trends.  His last paragraph is written in case someone might misunderstand him, he is not advocating to hold cash, just that investors should not expect as good returns as has happened historically, since those happened in higher inflation environments. To explain: If the inflation rate historically has been 5% and now it's 2%, and the risk-free-market return should be about 2%, then historically the return on a risk-free asset would be 7% (2%+5%), and now it should be expected to be 4% (2%+2%). So, if you have had a portfolio over some time you might be concerned that the rate of return is worsening, but Simon's point is that before you sell off your stocks / switch investment brokers, you should try to figure out if inflation is the cause of the performance loss. On the subject  of cash: cash always loses value over time from inflation, since inflation is a measure of the increase in prices over time-- it's a part of the definition of what inflation is.  That said, cash holdings lose value more slowly when inflation is lower, so they are relatively less worse than before. The future value of cash doesn't go up in low inflation (you'd need deflation for that), it just decreases at a lower rate, that is, it becomes less expensive to hold- but there still is a price. As an addendum, unless a completely new economic paradigm is adopted by world leaders, we will always see cash holdings decrease in value over time, since modern economics holds that deflation is one of the worst things that can happen to an economy."}
{"_id": "357242", "title": "", "text": "Your 5-8 year time frame is interesting because it is actually a two windows.  When people are savings for retirement, they tell us how many years or decades they have until they reach retirement age. But they also imply that they are planning on spending decades withdrawing the money.  But you wanting the money for a house in 5-8 years are needing the money more like somebody who is saving college money for a teenager. In fact your plan is similar in time frame as a 13 year old has for their college fund; start in 5 years but only have a 4 year spending window. Take the California 529 program: Beneficiary Age 13-14: Beneficiary Age 18+: The funding agreement provides a minimum guaranteed rate of return on the >amounts allocated to it by the Investment Portfolio. The minimum effective >annual interest rate will be neither less than 1% nor greater than 3% at >any time. So you plan of investing 100% in the S&P with your window is way too risky. You should only invest a portion of your down payment in equities, and be prepared to only be in that mode for a few years. Any drop in the market now hurts you, but one just before you need the funds would be devastating."}
{"_id": "357280", "title": "", "text": "I've been an F&I Manager at a new car dealership for over ten years, and I can tell you this with absolute certainty, your deal is final. There is no legal obligation for you whatsoever. I see this post is a few weeks old so I am sure by now you already know this to be true, but for future reference in case someone in a similar situation comes across this thread, they too will know. This is a completely different situation to the ones referenced earlier in the comments on being called by the dealer to return the vehicle due to the bank not buying the loan. That only pertains to customers who finance, the dealer is protected there because on isolated occasions, which the dealer hates as much as the customer, trust me, you are approved on contingency that the financing bank will approve your loan. That is an educated guess the finance manager makes based on credit history and past experience with the bank, which he is usually correct on. However there are times, especially late afternoon on Fridays when banks are preparing to close for the weekend the loan officer may not be able to approve you before closing time, in which case the dealer allows you to take the vehicle home until business is back up and running the following Monday. He does this mostly to give you sense of ownership, so you don't go down the street to the next dealership and go home in one of their vehicles.  However, there are those few instances for whatever reason the bank decides your credit just isn't strong enough for the rate agreed upon, so the dealer will try everything he can to either change to a different lender, or sell the loan at a higher rate which he has to get you to agree upon. If neither of those two things work, he will request that you return the car. Between the time you sign and the moment a lender agrees to purchase your contract the dealer is the lien holder, and has legal rights to repossession, in all 50 states. Not to mention you will sign a contingency contract before leaving that states you are not yet the owner of the car, probably not in so many simple words though, but it will certainly be in there before they let you take a car before the finalizing contract is signed.  Now as far as the situation of the OP, you purchased your car for cash, all documents signed, the car is yours, plain and simple. It doesn't matter what state you are in, if he's cashed the check, whatever. The buyer and seller both signed all documents stating a free and clear transaction. Your business is done in the eyes of the law. Most likely the salesman or finance manager who signed paperwork with you, noticed the error and was hoping to recoup the losses from a young novice buyer.  Regardless of the situation, it is extremely unprofessional, and clearly shows that this person is very inexperienced and reflects poorly on management as well for not doing a better job of training their employees. When I started out, I found myself in somewhat similar situations, both times I offered to pay the difference of my mistake, or deduct it from my part of the sale. The General Manager didn't take me up on my offer. He just told me we all make mistakes and to just learn from it. Had I been so unprofessional to call the customer and try to renegotiate terms, I would have without a doubt been fired on the spot."}
{"_id": "357286", "title": "", "text": "Well it all depends on where he lives.  If its in a younger generation area then yes.  If not then no.  Normally you should spend like 25 bucks for a few days and see the return rate.  I was just writing up a quick thing he can do for major chances."}
{"_id": "357293", "title": "", "text": "\"&gt; Two Ex-Googlers Want To Make Bodegas And Mom-And-Pop Corner Stores Obsolete  ... Weird and unachievable but okay ...  &gt; he is launching a new concept called Bodega with his cofounder  So he's replacing bodegas with... Bodega? Uhuh. This is getting weirder.   &gt; Bodega sets up five-foot-wide pantry boxes filled with non-perishable items you might pick up at a convenience store  Oh. Nope. He's just making high tech vending machines. Okay. Nothing to see here.   I hate how everything has to be the new Uber. \"\"We're gonna disrupt the whole industry! We're gonna make &lt;super universal thing&gt; obsolete! We're gonna change the world!\"\"  &gt; McDonald says. \u201cEventually, centralized shopping locations won\u2019t be necessary, because there will be 100,000 Bodegas spread out, with one always 100 feet away from you.\u201d  Shut up McDonald. You're making a high tech vending machine. Will it be profitable? Probably. Is it going to completely revolution the world and eliminate brick and mortar stores across the nation? No. Shut up.\""}
{"_id": "357302", "title": "", "text": "a business cliche gets that way because it is a time-saving referent to a common business concept, procedure, and/or belief.    you can learn a lot about the culture of a company or industry from the cliches that it uses.  taken out of proper context - nope, they aren't that useful."}
{"_id": "357319", "title": "", "text": "It appears that you have bought into the Communist lie.  Milton Friedman lats it all out so well. No transaction ever occurs unless both sides in the transaction benefit.  Let's say you are out for a walk. While walking you feel hungry. You find two quarters ($0.50) in your pocket. You enter the nearest convenience store and look for a snack cake to buy. You find a Twinky selling for 40 cents. You pay for the Twinky and leave the store while eating it. You also leave with a dime in your pocket.  To you the Twinky is worth 50 cents as you would have paid what you had to obtain one. So made 10 cents profit on the deal. The shopkeeper sold his merchandise for 40 cents but it only cost him 25 cents to obtain the Twinky. He made 15 cents profit on the deal.  You wanted the snack more than you wanted the money. The shopkeeper wanted the money more than the snack. You both got what you valued more. You both profited by the transaction.  That is why Capitalism works. Value (worth)  is in the eye of the beholder.  Remember: no transaction occurs unless both sides profit.  Edit: once again I ask: if you give me a negative vote please explain with a comment."}
{"_id": "357321", "title": "", "text": "\"Thank you very much for this - an exceptional answer.   On a related note, I heard that back in the day when IBM was huge, they actually had manufacturing plants to build parts for other IBM divisions, because those divisions couldn't get what they needed anywhere else.   Then one day, a VP asked another VP \"\"Hey, we make this stuff because nobody else does, right?\"\"   \"\"Yeah\"\"   \"\"Which means other companies that need it don't have anywhere to get it?\"\"   \"\"Yeah\"\"   \"\"So couldn't they get them from us?\"\"   \"\"What, like we sell them parts?\"\"   \"\"Yeah.\"\"   \"\"How would *that* work?\"\"\""}
{"_id": "357324", "title": "", "text": "Cart's answer is basically correct, but I'd like to elaborate: A futures contract obligates both the buyer of a contract and the seller of a contract to conduct the underlying transaction (settle) at the agreed-upon future date and price written into the contract. Aside from settlement, the only other way either party can get out of the transaction is to initiate a closing transaction, which means:  The party that sold the contract buys back another similar contract to close his position.  The party that bought the contract can sell the contract on to somebody else. Whereas, an option contract provides the buyer of the option with the choice of completing the transaction.  Because it's a choice, the buyer can choose to walk away from the transaction if the option exercise price is not attractive relative to the underlying stock price at the date written into the contract.  When an option buyer walks away, the option is said to have expired. However \u2013 and this is the part I think needs elaboration \u2013 the original seller (writer) of the option contract doesn't have a choice.  If a buyer chooses to exercise the option contract the seller wrote, the seller is obligated to conduct the transaction.  In such a case, the seller's option contract is said to have been assigned.  Only if the buyer chooses not to exercise does the seller's obligation go away.  Before the option expires, the option seller can close their position by initiating a closing transaction.  But, the seller can't simply walk away like the option buyer can."}
{"_id": "357329", "title": "", "text": "i dont think this is the time to make fun of russia or say that theyre doing badly in any cse. theyre just coming out of a huge bottom in their stock chart and theyre gonna have a lot of gowth ahead of them. i think theyre gonn ashow some stromng performance, and this cyber firm as well looks like it could dial in some money  from its growth"}
{"_id": "357340", "title": "", "text": "Someone messed up here. My tax accountant says she is supposed to enter the values as they are on the W2 and CompanyB said they will not issue a new W2 because they were not involved in the refund of the money. Correct. We decided that we will enter a value different from 12b-d, subtract the money that was refunded to me because it's already on the 1099.  Incorrect. Is there an alternative to avoid paying taxes twice on the 401k overages? If not, is there a better way to do this to minimize the risk of an audit? You should enter the amounts in W2 as they are. Otherwise things won't tie at the IRS and they will come back asking questions. The amount in box 12-D was deducted from your wages pre-tax, so you didn't pay tax on it. The distribution is taxable, and if it was made before the tax day next year - only taxable once. So if you withdrew the same year of the contribution, as it sounds like you did, you will only pay tax on it once because the amounts were not included in your salary. If the 1099-R is marked with the correct code, the IRS will be able to match the excess contribution (box 12-D) and the removal of the excess contribution (1099-R with the code) and it will all tie, no-one will audit you. The accountant is probably clueless as to how her software works. By default, the accounting software will add the excess contribution on W2 box 12-D back into wages, and it will be added to taxable income on your tax return. However, when you type in the 1099 with the proper code, this should be reversed by the software, and if it is not - should be manually overridden. This should be done at the adjustment entry, not the W2 entry screen, since a copy of the W2 will be transmitted with your tax return and should match the actual W2 transmitted by your employer. If she doesn't know what she's doing, find someone who does."}
{"_id": "357375", "title": "", "text": "Buy electronic cigarettes Australia through Vapor Kind, the leading supplier of e cigarettes and vaporizers in Australia. We proud ourselves in offer our customers with the highest quality of products at the most affordable prices. All you have to do is choose the product that suits your needs from our wide range, and have it delivered to your doorstep!"}
{"_id": "357405", "title": "", "text": "And I hope those minimum wage workers get their asses kicked for being scabs.  Crossing a picket line is VERY dangerous.   Any idiot to do that to get a minimum wage job is just acting stupid.  Here in Vancouver when our garbage men went on strike, a few souls were driving around collecting garbage for charity.  one day one of them got a call to go to a house, where a few large guys with baseball bats came out.  Needless to say he stopped."}
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{"_id": "357421", "title": "", "text": "Please given an estimate when can you do this: I want it ASAP.  Please advise: solve this fucking problem already.  I'm looking into it: I have no idea if I can solve this fucking problem.  We need to discuss that: I don't know jack shit about it and afraid to make a decision.  We need to coordinate that with John: we need him to work on this, not something else."}
{"_id": "357427", "title": "", "text": "What do you mean doesn't allow private entities to attach to the fixtures?  Do you mean fixtures like lamp posts etc?  This would only be suitable for small cells anyway.  Putting a small cell on a rooftop is silly.  A roof site would be a full build site with radios, sector antennas, an equipment cabinet or two, and a power/battery cabinet.  If you mean attach fixtures to buildings, I don't believe that.  Create a business to lease the space.  Bob's Rooftop, Inc., etc.  Make sure they carry sufficient insurance and that it includes protection for your building against any contractor error (roof damage, accidentally drill something, damage to cosmetic materials, etc), against fire, and basically anything else.  I've only seen cell equipment catch fire a couple of times, both of which were the result of lightning strikes.  On the other hand, the bank of batteries they use for backup power is pretty big and has more than enough power to do some accidental arc welding.  Are they limited to leasing to a single carrier?  You need this all spelled out in writing.  PM me the name of the vendor if you are allowed to.  I don't need the name of the carrier.  You don't need to give me too much identifying information, so there is no exposure for you.  Are they offering the $350 or are you asking it?  I feel like a minimum of $1000 is reasonable.  Try to find out what they will be paid by the carrier.  You might be able to negotiate something like 65% of the money the carrier pays.  Do remember that the vendor does basically nothing other than make the space available.  They don't build the site and they don't maintain it."}
{"_id": "357447", "title": "", "text": "I'm 40 and been carrying student debt for nearly 20 years. Because of life events and various circumstances I've had to defer several times. This means my balance history looks like a rollercoaster. At this point I just consider the Department of Education to be akin to heroin addiction. I feed it as regularly as I can. It starts to get painful when I can't. It requires an ever increasing amount to get that fix. I'm financially fucked and it's my fault. And one day it'll probably kill me. But I just keep trying. What choice do I have?"}
{"_id": "357453", "title": "", "text": "Number 3 isn\u2019t as easy as it seems.  I interviewed at one place and the manager was affable and happy.  He told me he loved his job and the company.  After I was there for 4 months I reminded him of this conversation and asked what he liked about the company.  He said he lied to me so I would take the position.  I left a few weeks after that, but I should have listening to my internal feelings about the company.  Be sure to look around at the staff and the environment, even the people you are not interviewing you.  Do they look like they are serving time and hope to be released for good behavior?  Watch their demeanor and body language they say a lot.    Number 5 is very important.   I have friends that took jobs that use out of date technology and now they are almost unemployable."}
{"_id": "357455", "title": "", "text": "\"MLP stands for master limited partnership. Investors who buy into one are limited partners, rather than shareholders, and have their taxable income reported on K-1s, rather than 1099s. MLPs are engaged in businesses (e.g. real estate, natural resources) that generate a lot of cash that doesn't need to be \"\"reinvested,\"\" or put back into the company. Because of this feature, the IRS will exempt it from corporate tax if it pays out at least 95% of its income in the form of dividends. The advantage is that you avoid the \"\"double taxation\"\" common to most corporations, and get a higher yield as a result.  The disadvantage is that the company can't retain earnings for growth, and needs to borrow money if it wants to grow. In this regard, an MLP is much like a utility (except that a utility has to pay corporate taxes, and is otherwise heavily regulated by the Federal and/or state governments). You can look upon an MLP as an unregulated utility. This means that MLPs are most suitable for utility type investors who are more interested in current income, than capital gains. Because they are unregulated, they are riskier than utilities.\""}
{"_id": "357481", "title": "", "text": "\"Sue the debt collectors in small claims court.   There are several example stories around the internet, but this is a well written one from the consumerist. If your phone is a cell phone: \"\"it  is against the law for a company to  leave a pre-recorded message on your  cell phone.\"\" In fact, the call frequency increased   once they realized they had reached a   live person. I called each of these   companies multiple times, and though I   was given assurances each time that my   number would be taken off of their   lists, the calls continued, morning,   noon and night. At my wits end, I   decided the only way to have the   harassing calls stop was to file suits   against the collection companies. It's   very important to understand that it   is against the law for a company to   leave a pre-recorded message on your   cell phone. Armed with this knowledge,   I filed suit against several of the   collection companies. I filed in small   claims court so I did not need to hire   an attorney, and the process was as   simple as completing a paragraph on a   complaint form. For evidence, I had   over a hundred Google Voicemail   transcripts showing the times the   companies called and the text of the   pre-recorded messages. Mysteriously, the calls all stopped   immediately on the same date the   collection companies received the   certified letters stating they were   being sued. Then a new flurry of calls   began pouring in. This time it was   their attorneys. The attorneys representing these out   of state collection companies were all   desperate to settle out of court. hey   did not want to incur the expense of   traveling for court or hiring a local   law firm who wasn't on retainer. They   also understood they had no   justifiable defense for the calls. To   make a long story short, so far I have   successfully sued 3 of these   collection companies and settled for   more than $5,000 out of court. All it   cost me was $35 and 20 minutes per   suit. Making these companies pay is the only   incentive for them to stop their   illegal and harassing practices. If   more consumers knew their rights and   actually took a few minutes to stand   up for them, it would become less   profitable for these companies to   conduct business the way they do now. -Source And whether you have a cell phone or land line,  It is illegal for the debt collectors to tell you they are calling to collect a debt for someone else under the Fair Debt Collection Practices Act (wikipedia, ftc docs). What Remedies Are Available If The   Debt Collector Violates The Law Under   the Fair Debt Collection Practices   Act, you have the right to sue a debt   collector in state or federal court   within one year from the date of the   violation. If you win, you may recover   damages in the amount of any losses   you suffered as a result of the   violation, plus an additional amount   of up to $1,000.00. You may also be   able to recover court costs and   attorney fees. If the same debt collector has engaged   in unlawful conduct with a number of   consumers, it may be possible to find   a lawyer who will file a class action   lawsuit. -Source With regard to whether you can sue under FDCPA if you are not the debtor, one FDCPA lawyer (take with grain of salt) says yes: Did you know that it doesn't matter if   you owe the account the debt collector   is calling you about or not? If a debt   collector violates the FDCPA (the   federal Fair Debt Collection Practices   Act, 15 USC 1692 et. seq.) that debt   collector could be liable to pay you   statutory damages, actual damages,   attorney's fees, and court costs. -Source\""}
{"_id": "357484", "title": "", "text": "The solution to this problem is somewhat like grading on a curve. Use the consumption ratio multiplied by the attendance (which is also a ratio, out of 100 days) to calculate how much each person owes. This will leave you short. Then add together all of the shares in a category, determine the % increase required to get to the actual cost of that category, and increase all the shares by that %."}
{"_id": "357488", "title": "", "text": "Maybe we shouldn't be focusing so much on jobs.  Jobs are just a means to feed and house oneself in a capitalist society -- and, conveniently, a way for capitalists to make money.  So, I am not so concerned about jobs.  We can find other ways to make sure people still have food and houses."}
{"_id": "357492", "title": "", "text": "No. But you are not splitting the 401(k), the judge is. There is no provision for an employee to simply request funds to give to the ex-spouse. But there is a QDRO, a qualified domestic relations order whereby a judge orders this to occur. The lawyers will be aware of the loans, as will the judge, and will take that into account when splitting the 401(k). Depending on what other money the Ex has, he make be required to pay the loans back, partially, or in full.  No one can guess what will happen. The judge will take all aspects of your finances and current earnings into account."}
{"_id": "357493", "title": "", "text": "\"This article fails to explain that paper gold doesn't \"\"necessarily\"\" guarantee the owner to physical gold.  An index fund tracking the price of gold per ounce guarantees the owner the market value of gold at the termination of the contract.  This keeps markets liquid, and allows investors to diversify into precious metals without the inconvenience of storage and delivery fees.  As long as we are using currency that can be exchanged for gold this shouldn't pose a problem.  If we move to a post currency world of barter and trade, you're better invested in weapons and ammunition.\""}
{"_id": "357500", "title": "", "text": "In the question you cited, I assumed immediate exercise, that is why you understood that I was talking about 30 days after grant. I actually mentioned that assumption in the answer. Sec. 83(b) doesn't apply to options, because options are not assets per se. It only applies to restricted stocks. So the 30 days start counting from the time you get the restricted stock, which is when you early-exercise. As to the AMT, the ISO spread will be considered AMT income in the year of the exercise, if you file the 83(b). For NQSO it is ordinary income. That's the whole point of the election. You can find more detailed explanation on this website."}
{"_id": "357520", "title": "", "text": "Yes, you are the proprietor of the business and your SSN is listed on Schedule C. The information on Schedule C is for your unincorporated business as a contractor; it is a sole proprietorship. You might choose to do this business under your own name e.g. Tim Taylor (getting paid with checks made out to Tim Taylor) or a modified name such as Tim the Tool Man Taylor (this is often referred to as DBA - Doing Business as), under a business name such as Tool Time etc. with business address being your home address or separate premises, and checking accounts to match etc. and all that is what the IRS wants to know about on Schedule C.  Information about the company that paid you is not listed on Schedule C."}
{"_id": "357551", "title": "", "text": "The thing is Spain really isn't like Greece and their financial crises are fundamentally different but unfortunately interconnected.  Greece's issue is too much sovereign debt and a banking sector that lent far too heavily to their own government. Spain's problems derive from a private banking sector crisis as they over lent particularly to fund an insane property boom that went really really bad really quick. The root cause is far more akin to the US crisis than the Greek one, however being caught up in the Eurozone and having banks exposed to the debt of other nations has really fucked them over in terms of borrowing and debt to gdp ratio.  Spain was one of the few Eurozone nations that stuck to the max 3% og GDP borrowing rule, not even Germany stuck to that, they were fiscally responsible. Then having to provide a huge bailouts to a financial sector, as the economy was tanking from the global recession amd the bubble bursting and a crisis emerging in other EU nations (and a lack of a central bank) has been their ruin."}
{"_id": "357553", "title": "", "text": "\"You're welcome to throw in the towel and stop paying any time you want.  You'll just suffer the consequences of doing so. It sounds like you're concerned about losing your job \"\"in the next few years.\"\"  What are you doing to stem this off?  Are you building up a side income?  Are you building up portable skills -- ones that can be used anywhere?  If you think you have a few years left, use them.  Build something up.  You may be able to recover more quickly, or last longer until you find a new job. Some of my blogging friends have been at it about as long as I have, and they're in high-five, low-six figures now.  For blogging.  Some did it even faster.  All it takes is time.  Your expenses for starting a blog are $10/month plus cutting out two hours of TV / drinking / anything else consumer-ish to learn more about your favorite interest, write about it, and interact with the online community. That's just one idea.  Season to taste or choose a different meal altogether. Are you frugal?  Are you looking for ways to cut expenses?  If you can find extra money to save a little bit more and knock out just one of those debts (say, the car), you'll be able to throw that payment at the student loan.  Then they'll both be gone, and you can save up a cushion for yourself faster. I just think it's a little weak to give up when you're not really in trouble yet.  You're tight, but you can get through that.\""}
{"_id": "357555", "title": "", "text": "If you plan to continue contributing to a 401(k) and are no longer self-employed, then you need to start a new 401(k) at your new business.  You can't contribute to the old one any more.  About the money in the old one, you have a few options.   If both 401(k) plans have good investment options and low fees, then there's little reason to think one of these strategies is better than the other.  If, like me, at least one of your 401(k) providers has very few available funds and those funds have high expense ratios, then it's a good idea to move your money where the investments are best.  As a rule, IRA's are better than 401(k) plans because most IRA's will allow you to invest in practically anything you want while most 401(k) plans only allow you to invest in the funds that have taken your company's HR people to the best lobster dinners or went to the same school as them.  Most organizations do an absolutely horrible job at selecting a reasonable set of funds because the decision-makers generally have no finance background and no incentive to do a good job.  For that reason I like IRA's.   Of course, some solo 401(k) plans are also very good so just leaving it where it is may be best for you.  This has the added advantage of being ready to go if you end up self-employed again at some point."}
{"_id": "357571", "title": "", "text": "This may be best handled by an expert. Look for somebody recommended by a church, homeless shelter, food pantry, office of unemployment, office of disability,  or Veterans services to advise you on maximizing support for your father.  You want to know what type of help you can give without causing the overall level of support to drop. You may even find there are other avenues of assistance."}
{"_id": "357577", "title": "", "text": "Why not talk about services?  Why should I pay more for services.  It's not like more income means I use the roads and bridges more.  More income doesn't mean more kids that need public education.  More income doesn't mean I use fire services more.  If you ask me, I'd rather people just pay for the services they use.  Have kids?  Then you pay for their school.  Drive 60 minutes to work, then you pay more than someone that drives 10 minutes.  That's seems fair."}
{"_id": "357583", "title": "", "text": "Short-term, the game is supply/demand and how the various participants react to it at various prices. On longer term, prices start to better reflect the fundamentals. Within something like week to some month or two, if there has not been any unique value affecting news, then interest, options, market maker(s), swing traders and such play bigger part. With intraday, the effects of available liquidity become very pronounced. The market makers have algos that try to guess what type of client they have and they prefer to give high price to large buyer and low price to small buyer. As intraday trader has spreads and commissions big part of their expenses and leverage magnifies those, instead of being able to take advantage of the lower prices, they prefer to stop out after small move against them. In practise this means that when they buy low, that low will soon be the midpoint of the day and tomorrows high etc if they are still holding on. Buy and sell are similar to long call or long put options position. And options are like insurance, they cost you. Also the longer the position is held the more likely it is to end up with someone with ability to test your margin if you're highly leveraged and constantly making your wins from the same source.  Risk management is also issue. The leveraged pros trade through a company. Not sure if they're able to open another such company and still open accounts after the inevitable."}
{"_id": "357590", "title": "", "text": "Real estate is never a low-risk investment. I'd keep your money in the bank, and make sure that you don't have more in any one bank than is guaranteed in the event of bank failure. If your bank account is in Greece, Italy, Spain, Portugal or Ireland, I'd consider moving it to Eurozone country that's in better shape, as there's just a slight possibility of one or more of those countries exiting the Eurozone in a disorderly fashion and forcibly converting bank accounts to a new and weak currency."}
{"_id": "357612", "title": "", "text": "\"First, congratulations on the paycheck!  :-) On the holds: Is it possible that by allowing your account balance to go negative (into overdraft) that you triggered such treatment of your account?  Perhaps the bank is being more cautious with your account since that happened.  Just how long did you have their $150 on hold?  ;-) Or, perhaps it's not you specifically but the bank is being more cautious due to credit conditions that have been prevalent these last years.  Consider: allowing you to cash a check immediately \u2013 when it technically hasn't cleared yet \u2013 is a form of credit.  Maybe it isn't you they don't trust well enough yet, but the company that issued the check?  Checks bounce, and not by fault of the depositor. I once had a new account, years ago, and discovered a 5 day hold on deposits.  The irony was it was a check drawn on the same bank!  I called my banker and asked about it \u2013 and suggested I'd take my business back to my old bank.  I was in the process of applying for a mortgage with the new bank.  Holds were removed. But you may have some trouble with the \"\"I'll walk\"\" technique given the climate and your recent overdraft situation and no leverage \u2013 or if you do have some leverage, consider using it. But before you assume anything, I would, as JohnFx suggested, ask your bank about it.  Pay your branch a visit in person and talk to the manager.  Phone calls to customer service may be less successful.  If it's not a big issue and more a minor technical policy one, the bank may remove the holds.  If they won't, the manager ought to tell you why, and what you can do to solve it eventually.\""}
{"_id": "357615", "title": "", "text": "I stopped paying that $1000/year charge for cable seven years ago. Today I watch about an hour of television a week. Some weeks I will watch one sports game. Meanwhile I've been able to spend on the order of $10,000 for healthier, more productive activities. I've noticed that people don't talk about what they watched on television much anymore, so I'm not missing out on social interactions."}
{"_id": "357624", "title": "", "text": "No ETN or ETF yet. There are beta funds, that aim to track the market.  What's really needed is a liquid market for cat risk trading/transfer, enabling users to buy protection, or take the other side.  You can write cat swaps, so derivative forms, including ILW's or with parametric triggers. But these aren't liquid at all yet.  Cat bonds are most liquid, but it dries up pretty quickly when events threaten as there's no true hedging market yet."}
{"_id": "357626", "title": "", "text": "Do you use any other online features of Quicken?  How many unique ticker symbols do you have?  How often do you really need to update the prices?  You can always continue to use Quicken, and enter the stock prices by hand. Maybe update them once a month to get an idea of how your investments are doing. That should work indefinitely."}
{"_id": "357659", "title": "", "text": "Whirlpool Washing Machine Service Centre in Hyderabad. Now a day\u2019s washing machine is an essential part of our daily life. So If you are facing any problem with your washing machine you Can Call Us: 040-60506610, 60506611, and 60506622.We are providing fabulous service to you.Our technicians will reach you on time, and They will give good service to our customers. We have best materials for our service."}
{"_id": "357660", "title": "", "text": "Flame broiled, put in a plastic tin, and then tossed into a microwave to warm up when ready to serve.  Watch them make your burger next time if you can.  Seeing the sausage being made turned me off of BK burgers for a long while."}
{"_id": "357682", "title": "", "text": "I'm a long way from an expert on this, but it seems to me you can loan your fiance enough money to pay off her loans, and that incurs no tax penalty. When you are married you can write off the loan without a tax penalty since she is your spouse. I would expect that you can reclassify a gift as a loan for a tax year you haven't yet filed for - or she can give you the money back and you immediately make her a loan for the same amount. As the comments and this question would indicate, a loan at below an approved rate would be considered a gift. However you do appear to be able to loan her the money at an approved rate, and gift her the interest payments, which should be less than the gift tax limit. You would need to write up a loan document. Once you are married you should be able to make another gift to pay off the loan."}
{"_id": "357685", "title": "", "text": "The big websites, Yahoo and the like, only give the 10 biggest positions of any fund. Download the annual report of the fund, go to page 18, you will find the positions on the 31st of December.  However the actual positions could be different. The same applies to all funds. You need the annual report."}
{"_id": "357687", "title": "", "text": "That interest rate (13%) is steep, and the balloon payment will have him paying more interest longer. Investing the difference is a risky proposition because past performance of an investment is no guarantee of future performance. Is taking that risk worth netting 2%? Not for me, but you must answer that last question for yourself. To your edit: How disruptive would losing the car and/or getting negative marks on your credit be? If you can quantify that in dollars then you have your answer."}
{"_id": "357696", "title": "", "text": "For example, if the Dow, S&P 500, NASDAQ are all down does that necessarily mean the Canadian stock will get negatively impacted? Or is it primarily impacted by the Canadian market? The TWMJF stock makes up a very small part of the Canadian market so it affects the overall market, but this doesn't mean that the overall market affects this stock. So then the answer is: no, the TWMJF stock price will not necessarily follow either US or Canadian market indexes.  However, there can be major events which can affect the markets, including the stocks which make up the markets. TWMJF will probably be more sensitive to Canadian events than US events."}
{"_id": "357706", "title": "", "text": "What prevents a company from doing secondary public stock offerings on regular basis? The primary goal of a company doing secondary public offering is to raise more funds, that can be utilized for funding the business. If no funding is needed [i.e. company has sufficient funds, or no expansion plans], this funding creates a drag and existing shareholder including promoters loose value. For example with the current 100 invested, the company is able to generate say 125 [25 as profit]. If additional 100 is taken as secondary public offering, then with 200, the company should mark around 250, else it looses value. So if the company took additional 100 and did not / is not able to deploy in market, on 200 they still make 25 as profit, its bad. There are other reasons, i.e. to fight off hostile acquisition or dilute some of promoters shares etc. Thus the reasons for company to do a secondary PO are few and doing it often reduces the value for primary share holders as well as minority share holders."}
{"_id": "357712", "title": "", "text": "\"Ok. You also had a wife/girlfriend. What about the single parents? I guess in your eyes if they can't juggle raising a child, holding down their full time job, taking public transportation, and going to school full time, they're just not working hard enough. Or clearly not as hard as you did.   Sorry man. No. I guess we just disagree, but many people really are just in a position where they are unable to better their lives. Simply saying, \"\"this is important to me\"\", sadly, is not always enough to \"\"make it work\"\".\""}
{"_id": "357717", "title": "", "text": "\"Not to detract from the other answers at all (which are each excellent and useful in their own right), but here's my interpretation of the ideas: Equity is the answer to the question \"\"Where is the value of the company coming from?\"\"  This might include owner stakes, shareholder stock investments, or outside investments.  In the current moment, it can also be defined as \"\"Equity = X + Current Income - Current Expenses\"\" (I'll come back to X). This fits into the standard accounting model of \"\"Assets - Liabilities = Value (Equity)\"\", where Assets includes not only bank accounts, but also warehouse inventory, raw materials, etc.; Liabilities are debts, loans, shortfalls in inventory, etc.  Both are abstract categories, whereas Income and Expense are hard dollar amounts.  At the end of the year when the books balance, they should all equal out. Equity up until this point has been an abstract concept, and it's not an account in the traditional (gnucash) sense.  However, it's common practice for businesses to close the books once a year, and to consolidate outstanding balances.  When this happens, Equity ceases to be abstract and becomes a hard value: \"\"How much is the company worth at this moment?\"\", which has a definite, numeric value. When the books are opened fresh for a new business year, the Current Income and Current Expense amounts are zeroed out.  In this situation, in order for the big equation to equal out: Assets - Liabilities = X + Income - Expeneses the previous net value of the company must be accounted for.  This is where X comes in, the starting (previous year's) equity.  This allows the Assets and Liabilities to be non-zero, while the (current) Income and Expenses are both still zeroed out.  The account which represents X in gnucash is called \"\"Equity\"\", and encompasses not only initial investments, but also the net increase & decreases from previous years.  While the name would more accurately be called \"\"Starting Equity\"\", the only problem caused by the naming convention is the confusion of the concept Equity (X + Income - Expenses) with the account X, named \"\"Equity\"\".\""}
{"_id": "357719", "title": "", "text": "Thank you for the input. I was more interested in a MBA so I was wondering how it would fair in the finance world? Also I was wondering what you meant by it has little practical application in business but it is the best major to acquire well rounded skills in that area? Do you mean it's good but at the same time it's not?"}
{"_id": "357734", "title": "", "text": "And I don't blame them for doing so. They get bonuses based on the bottom line and stock price, why not pump it as much as they can then when it starts to fall apart just go to another overpaid CEO position with another company start again, meanwhile someone else is more than willing to take the current overpaid CEO job and try to rescue/rebuild. Nowadays most CEO's didn't start the company they are at so they don't feel as attached as they should. Knowing this the only thing we can do make ourselves invaluable to the company so they have to give you more or go someplace that will."}
{"_id": "357738", "title": "", "text": "No fees: Write a check. Deposit it into the other bank."}
{"_id": "357739", "title": "", "text": "While I am not an advocate of shorting anything (unlimited downside, capped upside), you can:"}
{"_id": "357740", "title": "", "text": "It's kinda scary.  Ma Bell was broken up and now we might end up with it again -- but this time with cable companies in the mix too.  Given the current regulatory environment, that merger will probably happen.  Doesn't bode well for us consumers."}
{"_id": "357750", "title": "", "text": "Have you not noticed how the price of things like milk and beef in the grocery stores have been going up? And for a lot of other things, if the price has not overtly risen, the portion/package size has gotten smaller while the price has remained the same. Maybe somebody else does the food shopping in your family so you are just oblivious to it...but trust me...food has been getting more expensive for a while now."}
{"_id": "357771", "title": "", "text": "No doubt, that today the wide range of anti-aging products is available as all people wants to keep their skin free from all the signs of aging. But, among all the products, Gerovital has gain more popularity because of the results it has been given to the people."}
{"_id": "357790", "title": "", "text": "The best way to determine how much it will cost you is to call the insurance companies to get a quote from them for all the vehicles that you are planning on purchasing.  They will have a set amount depending on the year/make/model of the car combined with all your personal details like where you live, age, sex, occupation.  There are many online sites where you an get quotes as well, though talking with a rep may be the better option since you have a lot of questions.  If you are still living with your parents, you may be able to get a cheaper rate with that company as you might qualify for a multi-vehicle discount or combined property/vehicle insurance with them.  You might also be able to get a better rate since you were probably insured as a secondary driver with that company for several years. The cost of your auto insurance will depend also on what type of premium you choose.  For instance, it will be cheaper if you opt to only purchase 3rd party liability insurance (which only covers the cost of repairing the 3rd party's vehicle - ie the person you hit).  You may also get discounts for having certain (optional) safety equipment/options - like snow tires.   You will need to have your insurance purchased and sorted out before you are able to drive your car out of the dealership.   For a male with ~10 years driving experience and a clean record.  You could probably find something good for about $120 a month.  Of course, this depends on the many factors listed above."}
{"_id": "357797", "title": "", "text": "Indian PF is a social security scheme, and as per the US India DTAA Article 20, is not taxable by the US. The exact text says as under -  This clearly states that any social security benefit paid by any of the two contracting states to a resident of the other contracting state is taxable only in the first mentioned state. In other words, US cannot tax Indian social security benefits (and vice versa). Therefore, you are liable for taxes only in India even though you have to declare to the US that you were given the social security (PF) benefit by India."}
{"_id": "357802", "title": "", "text": "Well they do have incentive, the more volume you trade the more they make in commission. The shop is mostly daytrading oriented but you can do whatever you want. From what I gather, alot of their revenue comes in the form of training programs (although they offer one for free when you sign up, mostly in equities) which are completely optional. Also, they're willing to sponsor me for my 7, which is good. I mean this is a super risky career move but you roll the dice when you enter prop trading, in more ways than one."}
{"_id": "357803", "title": "", "text": "\"&gt; I just recently found out that you guys had pledge of allegiance every fucking day in school.   :) Yeah.  In fairness, they can't actually force you to say it, and I don't think most schools say it any longer.  I remember saying it when I was in kindergarten.  But when I transferred back to public school in the 4th grade, they no longer said it.  In retrospect, that's a hell of a commitment to expect from a 6 year old, \"\"I pledge allegiance to the flag of the United States of America...\"\"  Fuck that.\""}
{"_id": "357817", "title": "", "text": "I have no idea what you're talking about, but for context, Amazon employee badges are blue. The point is that as far as employment status is concerned they're more or less on par with corporate.  (There are lots of caveats to the above statement but the general case holds.)"}
{"_id": "357820", "title": "", "text": "As far as taxes are concerned, if your income is \u20ac10 to \u20ac20 a month, the Finanzamt doesn't even want to hear from you. To be on the safe side, give them a call and you will probably be told that there is a minimum amount, and if your revenue is below that you don't have to do anything.   As far as VAT (MwSt) is concerned: You can only deduct it from VAT that you would have to pay to the government. If you are supposed to pay \u20ac100 VAT to the government, you can deduct up to \u20ac100 VAT paid to suppliers. If you don't pay VAT, you can't deduct it."}
{"_id": "357827", "title": "", "text": "We're on the Business subreddit here, right? Just checking, because most of the comments are against Netflix &amp; Weed.  From a business standpoint, both the show and this new wave of Netflix inspired strains is genius marketing - going with a successful new niche/sector is always a smart move.  Am I missing something?"}
{"_id": "357885", "title": "", "text": "I'm proud to say I'm a foreclosure defense attorney. I give these banks one hell of a hard time on behalf of my clients.   I was shocked how outrageous the abuses were when I first started. The headlines don't seem real until you start digging through actual paperwork and interviewing clients."}
{"_id": "357887", "title": "", "text": "You just take some of that change and use it when paying in cash. When you run out of change in your purse/pockets - take more. It just takes some time and absolutely no effort."}
{"_id": "357895", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.politico.com/interactives/2017/senate-gop-health-care-bill-rich-americans/) reduced by 72%. (I'm a bot) ***** &gt; The latest Congressional Budget Office analysis of the Senate&amp;#039;s revised health care bill won&amp;#039;t be available until next week, but the overarching trend of the three GOP plans analyzed so far is clear - more Americans will be uninsured and the majority of them will be poor.  &gt; Researchers analyzed the uninsured rate by state and found states that experienced the largest coverage gains under the Affordable Care Act would now report the largest increases in their uninsured population.  &gt; That means states like West Virginia will essentially lose all the coverage it gained under the ACA. Proposed cuts to Medicaid will leave millions of low-income Americans without health insurance Under the Senate health bill, federal funding for Medicaid would largely dry up, leaving states struggling to make up the difference.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nfw8g/richest_americans_gain_the_most_from_the_senates/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~167398 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **Medicaid**^#2 **uninsured**^#3 **bill**^#4 **under**^#5\""}
{"_id": "357908", "title": "", "text": "If you don\u2019t want your high-end rest house to just sit around for most of the year, only to be used during one of your rare, out-of-town family vacations, you might as well earn a profit out of it by turning it into a guesthouse."}
{"_id": "357914", "title": "", "text": "\"Tax cost basis is the amounts you've spent on developing the product which you hasn't deducted yet from previous income. From what you've described, it sounds like your cost basis is $0. Time you spent is not your cost, since time is not money. The fact that you might have earned something if working at that time but you didn't - is irrelevant, because potential income that you didn't get is not a loss that you took. Someone mentioned \"\"intangibles\"\" in the comments - that would be the line of thought of the buyer. However, since you didn't buy the product but rather developed it, you can only deduct the actual expenses you've incurred, that you haven't deducted so far.\""}
{"_id": "357921", "title": "", "text": "To search sold homes in your neighborhood and run a current market analysis (CMA) to get an idea of what your home will sell for register for a free listingbook account with SearchSocalRealEstate.com to gain free, unlimited access to the official MLS database."}
{"_id": "357928", "title": "", "text": "Admittedly I was starting to form a similar opinion as lazerpants. It seems like the sales team spends most of their time going drinking and golfing with customers or potential customers. I am sure there must be more to it than that, but their conversations would also suggest that their job performance is largely about who they know and less about real talent. It could be just what I hear, though. Maybe they don't like to showcase their talents.  I have no complaints about my job, company environment, management, salary, etc."}
{"_id": "357934", "title": "", "text": "I've found the systems that seem to work. Firstly, you need to find how much money is required to pay for the withdrawals after retirement, while still accruing interest.  I couldn't seem to do this with an equation, but this bit of javascript worked: yearsToLast: Number of years of yearly withdrawals yearlyWithdrawal: Amount to withdraw each year interest: Decimal form of yearly compounding interest Now that we have how much is required at the beginning of the retirement, to figure out how much to add yearly to hit this mark, you'd use: amount: Previously found required amount to reach interest: Decimal form of yearly compounding interest yearsSaving: Number of years saving till amount needs to be hit I hope this helps some other poor soul, because I could find squat on how to do this. Max"}
{"_id": "357938", "title": "", "text": "From my experience, I opened a business account to handle my LLC which owns a rental property. The account process and features were similar to shopping for a personal checking account.  There would be fees for falling below a minimum balance, and for wanting a paper statement. In my case, keeping $2000 avoids the fee, and I pull the statements online and save the PDFs. Once open for a certain amount of time, you might be able to get credit extended based on the money that flows through that account. The online access is similar to my personal checking, as is the sending of payments electronically."}
{"_id": "357955", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/10/24/petro-yuan-china-wants-to-dethrone-dollar-rmb-denominated-oil-contracts.html) reduced by 78%. (I'm a bot) ***** &gt; The new strategy is to enlist the energy markets&amp;#039; help: Beijing may introduce a new way to price oil in coming months - but unlike the contracts based on the U.S. dollar that currently dominate global markets, this benchmark would use China&amp;#039;s own currency.  &gt; China is the world&amp;#039;s top oil importer, and so Beijing sees it as only logical that its own currency should price the global economy&amp;#039;s most important commodity.  &gt; Beijing faces skeptical global oil markets and global perceptions it exerts too much state control.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78jgzk/china_has_grand_ambitions_to_dethrone_the_dollar/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234455 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **oil**^#1 **global**^#2 **dollar**^#3 **price**^#4 **market**^#5\""}
{"_id": "357961", "title": "", "text": "My approach won't work for everyone, but I keep a longer list of things I want in my head, preferably including higher value items.  I then look at the cost of an item vs the amount of benefit it gets me (either enjoyment or ability to make more money or both).  If I only had a few things I wanted, it would be easy to buy them even if the payback wasn't that great, but because I have a large list of things I'd like to be able to do, it's easier to play the comparison game in my head. Do I want this $50 thing now that will only give me a little bit of enjoyment and no income, or would I rather be able to get that $3000 digital cinema camera that I would enjoy having and could work on projects with and actually make money off of? (This is a RL example that I actually just bought last week after making sure I had solid leads on enough projects to pay myself back over time.)  For me, it is much easier to compare with an alternative thing I'd enjoy, particularly since I enjoy hobbies that can pay for themselves, which is really the situation this strategy works best in. It might not work for everyone, but hobbies that pay for themselves can take many different forms.  Mine tends to be very direct (get A/V tool, do projects that pay money), but it can also be indirect (get sports stuff, save on gym membership over time).  If you can get things onto your list that can save you money in the long run, then this strategy can work pretty well, if not, you'll still have the overall saving problem, just with a longer wish list. That said, if you are good about saving already and simply want to make better use of your disposable income, then having a longer list may also work to let you seek out better deals for you.  If you have funds that you know you can healthily spend on enjoyment, it is going to be difficult to choose nothing over something that gives enjoyment, even if it isn't a great return on the money.  If you have alternatives that would give you better value, then it's easier to avoid the low value option."}
{"_id": "357979", "title": "", "text": "Wikipedia has a fairly detailed explanation of ETFs.  http://en.wikipedia.org/wiki/Exchange-traded_fund"}
{"_id": "357980", "title": "", "text": "i'm down on Water street a few weeks ago and i got a really random craving for a big mac, first time in a very long time. i put mcdonalds in my phone to find the closest one, and i was stunned to see there wasn't one in the area. crazy stuff."}
{"_id": "358018", "title": "", "text": "Now players from Malaysia can enjoy all online betting games through the best clubs that offer them privacy and safety in all, as well as the best variety of games, rewards and prizes offered by world-class casino clubs, all of which are in accordance with international law governing malaysia online betting games. Best offers in a way that makes them get the most benefit at all, especially after these games are the most acceptable among all the tools of entertainment, either on the personal computer or mobile phone."}
{"_id": "358058", "title": "", "text": "Being able to make small investments in very valuable real estate could make this a game changer. I want to invest in a skyscraper in the UAE, but I only have $10k. I can just use REAL tokens to buy a percentage of that property. At least, that's the way I understand this to work."}
{"_id": "358067", "title": "", "text": "Phil Wombwell is a best business development advisor in USA. He also establishes his finance brokerage company in Dubai for better services. Phil has enough experience to take a better decision for any kind of business proposal as well as investment deals.for more visit http://mercurypartnerships.com/our-team/"}
{"_id": "358090", "title": "", "text": "The point of insurance is to trade high variable costs for much lower fixed costs. The question isn't whether you can afford what would be a catastrophic event for anyone else, but whether it would be better to pay a small amount regularly vs. a possibly larger amount occasionally. One of the reasons to buy insurance is to avoid costly litigation (rich people are more frequently targeted for litigation). By purchasing liability insurance, the insurance company pays for the litigation and/or settlement. If you are wealthy enough to keep an experienced litigation firm on retainer, you may not need that benefit, but it might be worth giving that stress to a third party. Life insurance is also an important part of estate planning because of the tax treatment of insurance payouts compared to the tax treatment of a large estate. There are certainly classes of insurance that make less sense for those with great cash flow, but money doesn't obviate all the benefits of insurance."}
{"_id": "358111", "title": "", "text": "Looks like you mostly have it right, a few comments on your points."}
{"_id": "358124", "title": "", "text": "Kind of crazy to discontinue a rate so soon without having a replacement identified but i, for one, think some market based alternative is a definitely a good thing. The LIBOR scandal further damaged the public view of the banking profession, and rightly so"}
{"_id": "358125", "title": "", "text": "\"This simulation game uses actual historical S&P 500 data to test whether you can \"\"time the market.\"\" You start with $10,000 invested, and it plays back 10 years of index values, in which time you can choose to sell (once), and if you do sell you can subsequently buy (once). Then you find out how you did relative to just holding what you started with.  If you play it enough times, you might eventually beat it once. I never did.\""}
{"_id": "358126", "title": "", "text": "It is probably hard to give much credit to the short 2 year reaction. The first business reaction is to protect and maintain profits. In a longer term, this may not be sustainable and some profits, ideally, will have to be forgone to give workers a descent wage as the hike intends."}
{"_id": "358129", "title": "", "text": "It's about how volatile the instrument is. Brokers are concerned not about you but about potential lawsuits stemming from their perceived inadequate risk management - letting you trade extremely volatile stocks with high leverage.  On top of that they run the risk of losing money in scenarios where a trader shorts a stock with all of the funds, the company rises 100% or more by the next day, in which case the trader owes money to the broker. If you look in detail you'll see that many of the companies with high margin requirements are extremely volatile pharmaceutical companies which depend heavily of FDA approvals."}
{"_id": "358136", "title": "", "text": "Mr. Raphael Lilla acts as the Executive Director of SBC Group AG Bouchs (Switzerland). With an experience of over 20 years in the Swiss and International financial markets, Mr. Lilla has successfully been honoured with a role of a member at the International Society of Business Leaders."}
{"_id": "358137", "title": "", "text": "why not ask a fee only financial adviser? Contact a local adviser and ask how much they will charge to work through the process.  The options aren't as complex as they seem. The general idea is to first figure out what you can afford each month. This is a generally straight forward calculation.  Then figure out the costs that are specific to your area, e.g property taxes.  Figure out how much of a down payment /closing costs you can gather.  Then start with your local bank or credit union. The number of options for mortgages will not be as complex if you already know how much you can afford and how much cash you can bring to the transaction. A simple table can be easily created based on what you can afford each month, how much cash you have, and the rates currently available. The bank will have a way to estimate the costs of each option as part of the required disclosures. Another source of good info can be a highly regarded local real estate agent. Focus on one that will represent you as a purchaser. They want you to be able to buy a house. While they do have a bias, they want a commission, most of it is eliminated if you know how much you can afford before you meet with them. They will know all the government programs that can make the monthly costs or closing costs cheaper."}
{"_id": "358140", "title": "", "text": "\"That's true.  But you post a picture of a kitten to Google, and 99.99% of the time Google will identify it as a kitten.  You'll never reach 100%.  That's why it's an ignorant argument.  No model is 100% accurate.  No one argues that.  But when people say \"\"correlation doesn't imply causation\"\" they are really just saying \"\"no model is 100% accurate\"\".  And any idiot could say that.\""}
{"_id": "358154", "title": "", "text": "\"You can start investing with any amount. You can use the ShareBuilder account to purchase \"\"partial\"\" stocks through their automatic investment plan. Usually brokers don't sell parts of stock, and ShareBuilder is the only one allowing it IMHO using its own tricks. What they do basically is buy a stock and then divide it internally among several investors who bought it, while each of the investors doesn't really own it directly. That's perfect for investing small amounts and making first steps in investing.\""}
{"_id": "358156", "title": "", "text": "I'm not supporting either one of these representatives of money and power.  They basically represent two sections of the ultra-wealthy who have opposing viewpoints on how fast to screw over working people and to lower our standard of living.  Obama thinks it should be done slower than Romney, but ultimately agrees.  See what happens when we pass over the fiscal cliff.  It's gonna be shared sacrifice time, and by shared they'll mean its time for our social services to go bye bye just at the time when the wealthy are better off than ever and the corporations are sitting on $2T in cash and not using it to hire."}
{"_id": "358160", "title": "", "text": "\"To be fair, this isn't just marijuana. Heroin and meth are big problems some places. For example, oil workers in remote areas have a tendency to have meth issues. That's a big problem.  The other issue is that with drugs like marijuana, it can be difficult to tell if someone is high. Yes, marijuana is basically on the same level as alcohol, but it's easier to tell when someone is drunk vs when they are high (if they're covering up odor). In factory or field jobs, being able to tell someone is drunk or high is important. If you can tell someone is drunk, you send them home. If you can't tell that Mike went and got stoned because he doesn't smell like it, doesn't have red eyes, etc., he can still kill someone because his performance is affected. It's not as simple as \"\"marijuana is on the same level as alcohol\"\" because yeah that's true, but there are differences and those differences can lead to expensive and problematic workplace injuries.   Those \"\"antiquated CEOs\"\" are probably right on this one. It's not as simple as you make it out.\""}
{"_id": "358164", "title": "", "text": "\"The effect of making a single purchase, of size and timing described, would not cause market disequilibrium, it would only hurt you (and your P&L). As @littleadv said, you would be unlikely to get your order filled.  You asked about making a \"\"sudden\"\" purchase. Let's say you placed the order and were willing to accept a series of partial fills e.g. in 5,000 or 10,000 share increments at a time, over a period of hours. This would be a more moderate approach. Even spread out over the span of a day, this remains unwise.  A better approach would be to buy small lots over the course of a week or month. But your transaction fees would increase. Investors make money in pink sheets and penny stocks due to increases in share price of 100% (on the low end), with a relatively small number of shares. It isn't feasible to earn speculator profits by purchasing huge blocks (relative to number of shares outstanding) of stock priced < $1.00 USD and profit from merely 25%  price increases on large volume.\""}
{"_id": "358175", "title": "", "text": "There is no requirement to open a company. You can work as freelancer. You need to report income and file returns. If your income is more than exempt limit, pay taxes. Apply for a PAN number if you don't have one yet."}
{"_id": "358176", "title": "", "text": "To me, having a business with interests around the globe doesn't necessarily make you ideologically a globalist.    There's a big difference between having created a company with global interests in other countries and enacting globalist policies through legislature. Owning a hotel in Mexico and pushing for open borders are two separate things."}
{"_id": "358179", "title": "", "text": "Whomever made the decision to ditch Google Maps for Apple Maps should be canned. There's no way Apple could catch up to Google in its maps product this quickly. My feeling is someone high up made the call as a result of the grudge forming against Google."}
{"_id": "358189", "title": "", "text": "Our company provides the different types of online services, such as flights booking, hotels booking,  tours and travel booking. If you want to go Sydney for your next vacation with your family, then you can book your next tour and Hotels in Sydney at our company website. In the Sydney, Shorelines are a famous draw, including any semblance of Bondi Beach. Bondi's Campbell Parade is a bustling region both day and night, and shops, bistros, and bars line the beachfront."}
{"_id": "358196", "title": "", "text": "One significant reason it makes sense for filing to be the default is home ownership rates.  I think far more so than investment income, Americans own homes: as there is a significant mortgage interest deduction, between that and investments a large number of Americans would have to file (about a third of Americans get the mortgage interest tax deduction, and a large chunk of the richest don't qualify but would have to file for investments anyway). We also have a very complicated tax code, with nearly everyone getting some kind of deduction.  Earned Income Tax Credit for the working poor (folks making, say, $30k for a family of 4 with a full-time job get several thousand dollars in refundable credits, for example), the Student Loan interest deduction, the above mortgage deduction, almost everyone gets something. Finally, your employer may not know about your family situation.  As we have tax credits and deductions for families based on number of children, for example, it's possible your employer doesn't know about those (if you don't get health insurance on their behalf, they may well not know).  Start reporting things like that separately... and you end up with about as much work as filing is now."}
{"_id": "358200", "title": "", "text": "Pull another Cabrini-Green. Except for the second most populated city, with the poorest people, in Lake county. I live in the county and my taxes are 50% higher fore property when compared to the neighboring counties. The problem is real.   It has the largest rail line in the world. Lake Michigan lake front is for Steel. You cannot take away more of it to give to another corporation.  80/94 is constantly under construction. Amazon doesn't want Gary. That laughable. The would rather go to Indianapolis. Land, highway, airport, rail. All these things could support it.  Until the riff-raff is moved out don't consider Gary for anything."}
{"_id": "358204", "title": "", "text": "\"&gt; Obamcare better.  If you've spent 8 years telling people the ACA was [\"\"the worst thing since slavery\"\"](https://www.washingtonpost.com/news/post-politics/wp/2013/10/11/ben-carson-obamacare-worst-thing-since-slavery/?utm_term=.ec9803ccef47), you can't *now* turn around and say \"\"yeah we can work with this\"\".   Painted themselves in a corner.\""}
{"_id": "358213", "title": "", "text": ""}
{"_id": "358227", "title": "", "text": "\"Check the transactions costs, \"\"Desk fees\"\" and the whole structure, sit down with them and list everything.  Then make a spreadsheet and calculate all the stuff they hit you with and figure out how good you have to be in trading to make money, (in terms of accuracy and p/l).\""}
{"_id": "358242", "title": "", "text": "I mean, yeah, that is true. Your point is a valid concern and I do think it could potentially reduce the number of EU students studying in the U.K. It is something the British need to keep an eye on over the next decade.  But think about it ... to go to the US to study as a European, you need a student visa as well and our influx of foreign students coming to study in America continues to grow. You need a student visa to go pretty much anywhere in the world besides the 28 EU countries.   I think the main factor is having a strong university network as a nation and the U.K. definitely has that. They had it before the EU was even created. As long as the U.K. has that strong education foundation, people will continue to study there. Not to mention, students go for the added benefit of improving their English skills.  https://www.google.com/amp/www.pewresearch.org/fact-tank/2013/11/12/record-number-of-international-students-studying-in-u-s/%3famp=1"}
{"_id": "358275", "title": "", "text": "\"Depending on what your other deductions are and the amount you are wanting to donate, you can save some money by \"\"batching\"\" deductions into every other year. For example, if you are single in 2015, the standard deduction is $6,300. This means the first $6,300 in deductions you have basically don't \"\"matter\"\" because the standard deduction is larger. You only \"\"count\"\" itemized deductions greater than $6,300. Let's imagine you are donating $10k in 2015 and 2016 and have no other itemized deductions. If you donate in both years, you basically get a net deduction of ($10,000 - $6,300) * 2 = $7,400 over the standard deduction. However, if you donate $10k in 2015 and the next $10k on Dec31, 2015, then you now have donated $20k in 2015 and $0k in 2016. This affects your taxes because you now get ($20,000 - $6,300) = $13,700 in \"\"bonus\"\" deductions. You still get the full $6,300 standard deduction in 2016 as well. This can be a significant impact on your taxes (especially if you are married as the married deduction is double the single or have minimal other itemizable deductions)..\""}
{"_id": "358286", "title": "", "text": "\"&gt;Source: I'm a state tax auditor, and my job is to make sure corporations pay what they are supposed to.  Most of the American public believes that the bulk of taxes are federal income taxes. That's what they fixate on when evaluating the \"\"fairness\"\" of taxation.   The fact remains that the very wealthy and very large corporations are structured so that they don't pay that particular type of tax. That's why Mitt Romney's tax returns are being squinted at. Mitt pays capital gains tax, not income tax and tripling the tax rate on the upper-most tax bracket wouldn't really affect him.  You know this. I know this. But most people don't and few people are interested in learning how it works.  If you want to \"\"tax the rich\"\" just create a progressive scale for capital gains instead of a flat 15%.\""}
{"_id": "358295", "title": "", "text": "Odd, I've been Platinum Exec for a year and regular Platinum for 2 and I have not had any of these delays everyone is talking about. I usually fly Denver to DFW to where ever (south america or europe). I fly at least 8 legs per month if not more.  Maybe I'm just lucky and I jinxed myself."}
{"_id": "358301", "title": "", "text": "\"They most likely decided that you weren't worth the time to respond to, so don't expect a response. Also, remember that receiving no response is the same as them answering you and saying \"\"No.\"\"  Anyone with any amount of influence tends to have a lot of people vying for said influence. They don't have time to respond to every Jane, Dick, and Harry who contacts them. If the offer doesn't sound good on the first pass, the deal is lost.  Your best bet is to go with a Plan B that doesn't involve them.\""}
{"_id": "358329", "title": "", "text": "The story says this property ranked near the bottom among NJ casinos for money won from gamblers.  It's not just poor financial planning that caused this place's failure. Operationally, it was poorly managed as well considering it's excellent location."}
{"_id": "358343", "title": "", "text": "You can open an account at Scotiabank and use a Bank of America atm (and vice versa). No ATM or bank imposed foreign transaction fee (outside the 1% network imposed fee)"}
{"_id": "358348", "title": "", "text": "\"&gt;But there's no proof that it's a distinguishing factor or dispositive.  Correlation doesn't equal causation, etc.  Where absolute proof is not possible, rational people make determinations on the basis of where the preponderant weight of evidence falls.  In this case, while there is no \"\"proof,\"\" the evidence overwhelmingly indicates that given similar intelligence and drive, two otherwise virtually identical people will almost always end up in entirely different circumstances based on a set of random variables that can best be described as luck.  Was one born the son of a factory worker while the other was born the son of a corporate CEO?  If so, that's a matter of luck, and you cannot deny for an instant that one's father has a huge influence on what one becomes later in life.    Your entire premise is based on a flawed understanding of the matters under consideration.\""}
{"_id": "358351", "title": "", "text": "Th corruption was when they created it then wHen they maintained and managed it ever since. It was a scam from the start and by allowing it to continue served the corrupt incestuous elements of governmental activities. There are so many other such activities in municipal corruption administration."}
{"_id": "358356", "title": "", "text": "You act like these corporations don't have thousands lawyers and tax experts that are attorneys working for them finding every loophole and exploiting them and writing the laws that congress passes. Who do you think does the dirty work and finds the legal ways for these companies to operate with only the goal of profits in mind?"}
{"_id": "358363", "title": "", "text": "\"Answering a more general question:  are financial services firms worth the money?  It really depends on the person.  Some can contribute regularly to index funds, and do the asset allocation on their own.  They are comfortable buying and selling various funds and there is really not that much management to do a Bogle like \"\"3 fund portfolio\"\".  All that is needed is an occasional re-balance.  This person probably does not need a firm like UBS or many of the others out there. Some do some active picking of funds and stocks, and also some indexing.  Again they are comfortable in doing the right thing and probably don't need a manager. There are others, however, that need a manager.  A friend of mine pulled all of his money out of the market when Trump was elected.  He missed out on some nice growth.  The extra percentage point that he paid to have an adviser would have been well worth it. For people who get spooked easily by the market and need things explained over and over, an advisory service is great.  My mom falls in that category.  I thank God every day for her service as she would otherwise call me with the same investment questions every other quarter.\""}
{"_id": "358371", "title": "", "text": "\"Welcome to the 'what should otherwise be a simple choice turns into a huge analysis' debate. If the choice were actually simple, we've have one 'golden answer' here and close others as duplicate. But, new questions continue to bring up different scenarios that impact the choice.  4 years ago, I wrote an article in which I discussed The Density of Your IRA. In that article, I acknowledge that, with no other tax favored savings, you can pack more value into the Roth.  In hindsight, I failed to add some key points. First, let's go back to what I'd describe as my main thesis: A retired couple hits the top of the 15% bracket with an income of   $96,700. (I include just the standard deduction and exemptions.) The   tax on this gross sum is $10,452.50 for an 'average' rate of 10.8%. The tax, paid or avoided, upon deposit, is one's marginal rate. But,   at retirement, the withdrawals first go through the zero bracket (i.e.   the STD deduction and exemptions), then 10%, then 15%. The above is the simplest snapshot. I am retired, and our return this year included Sch A, itemized deductions. Property tax, mort interest, insurance, donations added up fast, and from a gross income (IRA withdrawal) well into the 25% bracket, the effective/average rate was reported as 7.3%. If we had saved in Roth accounts, it would have been subject to 25%.  I'd suggest that it's this phenomenon, the \"\"save at marginal 25%, but withdraw at average sub-11%\"\" effect that account for much of the resulting tax savings that the IRA provides.  The way you are asking this, you've been focusing on one aspect, I believe. The 'density' issue. That assumes the investor has no 401(k) option. If I were building a spreadsheet to address this, I'd be sure to consider the fact that in a taxable account, long term gains are taxed at 15% for higher earners (I take the liberty to ignore  that wealthier taxpayers will pay a maximum 20% tax on long-term capital gains. This higher rate applies when your adjusted gross income falls into the top 39.6% tax bracket.) And those in the 10 or 15% bracket pay 0%. With median household income at $56K in 2016, and the 15% bracket top at $76K, this suggests that most people (gov data shows $75K is 80th percentile) have an effective unlimited Roth. So long as they invest in a way that avoids short term gains, they can rebalance often enough to realize LT gains and pay zero tax.  It's likely the $80K+ earner does have access to a 401(k) or other higher deposit account. If they don't, I'd still favor pretax IRAs, with $11K for the couple still 10% or so of their earnings. It would be a shame to lose that zero bracket of that first $20K withdrawal at retirement. Again working backwards, the $78K withdrawal would take nearly $2M in pretax savings to generate. All in today's dollars.\""}
{"_id": "358380", "title": "", "text": "\"&gt; I think people should prevent themselves from being homeless by developing skills to work.  You are right, of course. Let me try to rephrase my question.  If someone's problem is that they don't have the skills to work and you put pressure on them, is it not more likely that they will try to resolve the pressure quickly with the skills they have rather than endure the pressure while learning a new skill?  For example, if someone is too unreliable to get a job and you tie his next meal to getting and keeping a job, isn't that person much more likely to start stealing food rather than learning to be reliable while being hungry?  &gt; Do you think it's moral to steal from someone who worked hard/smart and give it to someone who didn't and is now homeless?  I object to the word \"\"steal\"\". The bottom line is that some of the hard/smart worker's money is going to go handling the homeless person whether it be feeding him or hiring police to handle the crimes he commits.\""}
{"_id": "358397", "title": "", "text": "I understand that. How about this then: charity begins at home. His warehouses have many faults, including lack of drinking water and people being penalised when they are ill. It's good that he'll give some of his fortune away to charity, absolutely. At the same time it's also bad that this money was earned at the expense of his employees welfare at a business that he runs and he has the power to improve.   People are being a bit too literal in this thread."}
{"_id": "358401", "title": "", "text": "In places like the midwest city where I live, this is false, the cost of living is low.  I pay 340 a month, have a yard, kitchen, own bathroom, jam room, bedroom, own shower, great neighborhood downtown etc.  When I started out, I made minimum wage and lived with roommates in the same nice neighborhood.   This is just false."}
{"_id": "358413", "title": "", "text": "Apple's specialty is UX.  It's an incredibly talented UX company, both software and hardware wise.  It's also talented at convincing it's fanbase that anything they release is required to live.  Apple fanboys would buy a car just to get the Apple logo somewhere on it."}
{"_id": "358437", "title": "", "text": "You are implicitly making that assumption. It doesn't matter if the rich are taking and increasingly large percentage of the pie, as long as the size of the pie is growing fast enough that the absolute wealth of the poor is rising at a reasonable rate over time.  The correct and reasonable measure is to compare the wealth of the poor, today with the wealth of the poor in the past in terms of real buying power.  I understand what you're saying and I disagree with your analysis. I disagree that relative proportions have any meaningful impact of human well being."}
{"_id": "358445", "title": "", "text": "\"Many people who do transfer a balance from one credit card to another have no clue as to what is going on and how credit cards work. If you transfer a balance from one credit card to another, you are charged a fee of anywhere from 3% upwards (subject to a minimum of $10 or so) up front. If Credit Card A has balance $1000 and you transfer it to Credit Card B which is offering no interest for a year on the transferred balance, you owe Credit Card B $1050 (say). In most cases, that $50 has to be paid off as part of the following month's bill. If you are carrying a revolving balance on Credit Card B, that $50 will typically be charged interest from the day of the transfer. Your monthly bill will not (necessarily) include that $1000  you owe for one year or six months or whatever the transfer agreement you accepted says. If you tend to pay anything less (even a penny) than  full payment of each month's bill on Credit Card B, your partial payment will be applied to that $1000 first, and anything left over will be applied to the monthly balance. In short, if you don't pay in full each month, that $1000 will not be \"\"yours\"\" for a year; you may end up paying $50 interest for  borrowing $1000 for just one or two months, and the rest of your balance is the gift that keeps on giving as the credit card company likes to say. UPDATE: This has changed slightly in the United States. Any amount paid over the minimum amount due is charged to the higher-interest balances. So in this case, if you had $1000 at a 0% promotional rate and a regular balance of $500, and the minimum payment was $100, and you paid $150, $100 would pay down the promotional balance, and the extra $50 would pay down the regular balance.  About the only way to make the deal work in your favor is to Transfer money only if you have paid the full amount due   on the last two statements before the date of the transfer and are   not carrying a revolving balance. Check your monthly statements   to make sure they show Finance Charge of 0.00.  Many people have   never seen such a sight and are unaware that this can be observed   in nature. Make sure that you pay each month's bill in full (not   the minimum monthly payment due) each month for a whole year   after that. Make sure that the bill containing that $1000 (coming out a   year after the transfer date) is also paid in full. Very many credit-card users do not have the financial discipline to go through with this program.  That is why credit card companies love to push transfer balances on consumers: the whole thing is a cash cow for them where they in effect get to charge usurious rates of interest without running afoul of the law. $50 interest for a one-year loan of $1000 is pretty high at current rates; $50 interest for a two or three month loan where the customer does not even notice the screwing he is getting is called laughing all the way to the bank. See also the answers to  this question\""}
{"_id": "358469", "title": "", "text": "Term insurance is definitely expensive at 60 but so is permanent insurance.  Let's think about why people buy each one: Term -- makes sense if you are worried about death during a certain period of time but not afterward.  Often this is young people trying to get out of debt, have young dependents, etc., who expect to have more money later in life and less need for insurance. Permanent -- makes sense if you want to ensure that your dependents get paid (tax free) at your death even if you die at an age when you are basically uninsurable.  These plans make sense if you hold them forever but if you get out of them early, there are often large fees that will make it a pretty bad deal. The fact that your uncle is already in a permanent plan makes me think it might make sense to continue.  Check the details to see how large the fees on getting your money out early would be.   Given that he has a disabled wife, having a permanent plan may make sense, especially if her disability is not one associated with dying younger. Having said that, I can see an argument for term insurance if your uncle is primarily concerned with providing for his daughter and won't be concerned about it after she's out of school.   The answer really depends on:"}
{"_id": "358492", "title": "", "text": "Equity options, at least those traded in the American exchanges, actually expire the Saturday after the 3rd Friday of the month.  However, the choice to trade or exercise the options must be specified by the 3rd Friday. This is outlined by the CBOE, who oversees the exchange of equity options.  Their FAQ regarding option expiration can be found at http://www.cboe.com/LearnCenter/Concepts/Beyond/expiration.aspx."}
{"_id": "358506", "title": "", "text": "m\u1eabu bi\u1ec7t th\u1ef1 \u0111\u1eb9p 3 t\u1ea7ng, m\u1eabu bi\u1ec7t th\u1ef1 \u0111\u1eb9p nh\u1ea5t vi\u1ec7t nam, bi\u1ec7t th\u1ef1 hi\u1ec7n \u0111\u1ea1i \u0111\u1eb9p, biet thu dep 2 tang, m\u1eabu nh\u00e0 bi\u1ec7t th\u1ef1 \u0111\u1eb9p, m\u1ed9t s\u1ed1 m\u1eabu bi\u1ec7t th\u1ef1 \u0111\u1eb9p, biet thu dep 1 tang, biet thu vuon dep, thiet ke nha dep cap 4, thiet ke nha dep 2 tang, thiet ke nha dep 1 tang, thi\u1ebft k\u1ebf nh\u00e0 \u1ed1ng \u0111\u1eb9p, thi\u1ebft k\u1ebf nh\u00e0 \u0111\u1eb9p gi\u00e1 r\u1ebb, mau nha dep 2 tang, mau nha dep 1 tang, thiet ke nha dep 3 tang, nh\u00e0 \u1ed1ng \u0111\u1eb9p 2 t\u1ea7ng, m\u1eabu nh\u00e0 \u1ed1ng 1 t\u1ea7ng \u0111\u1eb9p, m\u1eabu nh\u00e0 \u1ed1ng \u0111\u1eb9p 3 t\u1ea7ng, nh\u00e0 \u1ed1ng 2 t\u1ea7ng m\u00e1i th\u00e1i, m\u1eabu nh\u00e0 \u1ed1ng \u0111\u1eb9p gi\u00e1 r\u1ebb, mau nha ong dep 2 tang 1 tum, n\u1ed9i th\u1ea5t nh\u00e0 \u1ed1ng, mau nha ong dep 2017, nh\u00e0 ph\u1ed1 m\u1eb7t ti\u1ec1n 5m, m\u1eabu m\u1eb7t ti\u1ec1n nh\u00e0 ph\u1ed1 \u0111\u1eb9p, nh\u00e0 ph\u1ed1 2 t\u1ea7ng \u0111\u1eb9p, nh\u00e0 ph\u1ed1 \u0111\u1eb9p 3 t\u1ea7ng, nh\u00e0 ph\u1ed1 1 tr\u1ec7t 1 l\u1ea7u, n\u1ed9i th\u1ea5t nh\u00e0 ph\u1ed1 \u0111\u1eb9p, m\u1eabu nh\u00e0 ph\u1ed1 \u0111\u1eb9p 2 t\u1ea7ng, nh\u00e0 ph\u1ed1 hi\u1ec7n \u0111\u1ea1i 5m, bi\u1ec7t th\u1ef1 nh\u00e0 v\u01b0\u1eddn 2 t\u1ea7ng, bi\u1ec7t th\u1ef1 v\u01b0\u1eddn 1 t\u1ea7ng, bi\u1ec7t th\u1ef1 nh\u00e0 v\u01b0\u1eddn c\u1ea5p 4, nh\u1eefng m\u1eabu bi\u1ec7t th\u1ef1 nh\u00e0 v\u01b0\u1eddn \u0111\u1eb9p, nh\u00e0 v\u01b0\u1eddn 1 t\u1ea7ng 4 ph\u00f2ng ng\u1ee7, bi\u1ec7t th\u1ef1 1 t\u1ea7ng 3 ph\u00f2ng ng\u1ee7, bi\u1ec7t th\u1ef1 1 t\u1ea7ng m\u00e1i th\u00e1i, bi\u1ec7t th\u1ef1 1 t\u1ea7ng phong c\u00e1ch ch\u00e2u \u00e2u"}
{"_id": "358520", "title": "", "text": "Really all you need to know is that American style can be exercised at any point, European options cannot be exercised early. Read on if you want more detail.  The American style Call is worth more because it can be exercised at any point. And when the company pays a dividend, and your option is in the money, if the extrinsic value is worth less than the dividend you can be exercised early. This is not the case for a European call. You cannot be exercised until expiration. I trade a lot of options, you wont be exercised early unless the dividend scenario I mentioned happens. Or unless the extrinsic value is nothing, but even then, unless the investor really wants that position, he is more likely to just sell the call for an equivalent gain on 100 shares of stock."}
{"_id": "358524", "title": "", "text": "This forex training video illustrates the proper use of the stop run reversal forex trading strategy. The stop run strategy effectively spots banking manipulation in the forex market, thus allowing us as retail traders to take the same trades as the mega banks. Learn how to trade forex with the banks using this forex training video."}
{"_id": "358581", "title": "", "text": "The only thing the book advises to do is to start an LLC that invests in real estate, then deduct everything you do as a business expense related to investing in real estate. Going on a vacation to Hawaii?  Deduct it, you were checking out real estate.  And so on and so forth."}
{"_id": "358586", "title": "", "text": "\"I saw that an answer hasn't been accepted for this yet: Being bearish is a good hedging strategy. But being hedged is a better hedging strategy. The point being that not everything in investments is so binary (up, and down). A lot of effective hedges can have many more variables than simply \"\"stock go up, stock go down\"\" As such, there are many ways to be bearish and profit from a decline in market values without subjecting yourself to the unlimited risk of short selling. Buying puts against your long equity position is one example. Being long an ETF that is based on short positions is another example.\""}
{"_id": "358594", "title": "", "text": "&gt;By 2037, the debt would be almost twice the size of the economy, the agency said. That would mean **higher interest rates**, slower economic growth and far more painful choices for lawmakers than they face today.  Japan is at 230% right now!  &gt; Japan 208.2 2011 est. **229.77%** 2011 Asia http://en.wikipedia.org/wiki/List_of_countries_by_public_debt  &gt;Bank of Japan Keeps Monetary Policy Unchanged Published on 5/23/2012 12:57:08 PM  | By TradingEconomics.com, Bank of Japan  &gt;At the Monetary Policy Meeting held on May 23rd, the Policy Board of the Bank of Japan decided, by a unanimous vote, to keep the uncollateralized overnight call rate at around 0 to 0.1 percent.  http://www.tradingeconomics.com/japan/interest-rate"}
{"_id": "358602", "title": "", "text": "The way the wash sale works is your loss is added to your cost basis of the buy.  So suppose your original cost basis is $10,000.  You then sell the stock for $9,000 which accounts for your $1,000 loss.  You then buy the stock again, say for $8,500,  and sell it for $9,000.  Since your loss of $1,000 is added to your cost basis, you actually still have a net loss of $500. You then buy the stock again for say $10,500,  then sell it for $9,500.  Your $500 loss is added to your cost basis,  and you have a net loss of $1,500. Since you never had a net gain, you will not owe any tax for these transactions."}
{"_id": "358603", "title": "", "text": "\"&gt; How is putting a gun to a persons head and saying give me your money or else I will cuff you and put you in jail not stealing?  I've had [other discussions about why taxes are not theft](https://www.reddit.com/r/economy/comments/6leb2o/missouri_republicans_lower_st_louis_minimum_wage/dju1jjp/).  &gt; If...they aren't disabled then they are just lazy.  I think there are a whole lot of people who struggle to work but are neither.  How about a single mother with young kids and no help?  Someone raised on the street with no idea what it takes to get a job?  Someone with general pain or fibromayalgia?  Someone addicted to drugs or alcohol?  Maybe just someone who just can't take control of his or her life because a lowered IQ caused by lead poisoning or poor nutrition as a child?  I totally agree that a \"\"tough love\"\" approach is a great solution for lazy but if the person has a real problem or lacks the tools to succeed, then the approach is not only cruel but will push the person into what looks like from the outside as more irresponsible behavior.\""}
{"_id": "358609", "title": "", "text": "Ok, you fly down to the Nike factory in Indonesia and tell those kids that they have to stop being so bitter and do something to change their lives. Tell them that they should be satisfied with the agreement that they chose to enter.  I think you should realize that change is a privilege that very few of us have. Not everyone has the will and the skill. Most times, it just comes down to luck."}
{"_id": "358621", "title": "", "text": "\"I'm not concerned with \"\"teaching\"\" Puerto Rico anything. It is in Puerto Rico's interest to repay their debt for the simple fact that they won't be able to operate without access to credit. Who is gonna lend to Puerto Rico in the future if these bonds go to zero. If everyone is paid back at a reasonable figure, Puerto Rico will be able to borrow again one day and not at a predatory rate.This is what I believe is Klarman's thesis for investing in Puerto Rico's debt. I have no sympathy for the lenders who relaxed their standards, nor for the investors that overlooked the risks for the extra yield. My point is Klarman did nothing to create this situation, he just saw value in the bonds when no one else did. The article is trying to paint him as a villain for simply owning the bonds after the fact.\""}
{"_id": "358625", "title": "", "text": "\"My bad. I meant to say within my circle of immediate social influence; as in people I know face to face.  I'll have to buy some more before they go away again.   I've always wanted to try \"\"deep fried\"\" style--though, I may regret it.\""}
{"_id": "358631", "title": "", "text": "I'm a business law student, so medical stuff isn't really my specialty. I'll share with you what I know though. First, as to the legality, I'm not aware of anything making it illegal for them to consider their business with you concluded. Absent any contract between you and the doctor, it seems to me that you agreed to pay them in cash. If I was the business, I'd assume our business had been concluded as well. As for any contracts between the insurance company and the doctor's office, as far as I know, that's between them. That wouldn't give you standing to sue the doctor. I'm unfamiliar with a patient submitting insurance claims, but if that's something you are allowed to do with your insurance company and all you need is more information, submit a request for your medical records to the doctor. Under United States law, your medical records are yours. You have a right to receive a copy of them. Keep in mind though that the doctor's office may charge you a small copying fee to cover expenses they incur while making a copy for you. As far as complaining, I would suggest your local Better Business Bureau. Each state generally has a medical board which oversees doctors. You might lodge a complaint with them as well. I hope this helps. Keep in mind that I'm not an attorney. This is not legal advice. This is only what I personally would do if I were in your situation. You can and should consult an attorney who is licensed to practice law in your particular jurisdiction."}
{"_id": "358640", "title": "", "text": "\"Should I just create a new account code, i.e. Lawyer's Trust Account? Yes, you should. I have a generic \"\"escrow\"\" account just for that.\""}
{"_id": "358648", "title": "", "text": "Great comment; came here to write something very similar, even point out the recent BA fiasco, but you covered it!   To further your point, I'd argue that it ends up costing more in the long run and in other ways, just look at BA!"}
{"_id": "358649", "title": "", "text": "How hard would it be to work in either wealth management or investment banking with a master's in accounting and a CPA? My program allows for a double major in finance but at the moment the finance major is full so I won't be able to do it. I already have internship experience in both Wealth Management at Morgan Stanley and FP&amp;A at a major corporation if that's relevant at all."}
{"_id": "358651", "title": "", "text": "\"Different states have different laws, check your local laws concerning credit. Some states even guarantee you to get one free credit report per year. If you recently apply for an apartment, a mortgage or denied a credit card or loan, you can usually get a free copy from whomever you authorized to pull your credit report. Sign up credit monitoring service, there are quite a few of these. Most credit card companies offer such service, Amex, Chase, Citibank, etc. It' costs around $10-$20 per month. If you sign up a service and pull your own credit report, it's considered a \"\"soft\"\" pull which won't affect your score negatively.\""}
{"_id": "358661", "title": "", "text": "There are some uniquely American issues in this question (and answer), but some general principles as well. Regarding the comment that you quoted, the context (some of which you excluded) needs some clarification."}
{"_id": "358664", "title": "", "text": "&gt;The majority of what we pay our cable company is wasted. We get broadband Internet from our cable company, and we use that constantly. But we also get 500 channels that we almost never watch, along with a couple (HBO, Tennis Channel) that we pay extra for and do watch occasionally.  This is fallacious thinking to assume that less channels would lower your cable bill. The cost of providing you with cable TV is in the fixed costs of running lines to your house and the ongoing cost of fulfilling the SLA, which is a function of how much bandwidth they need to provide you with, not the amount of channels that you watch. Whether 500 people each just pick one channel each to subscribe to, or each of the 500 people splits their time equally between all 500 channels, it costs the cable company the same amount and your bill will stay the same."}
{"_id": "358672", "title": "", "text": "&gt; The problem that I have with testing for pot is that it shows up if you've consumed THC within the past month.  Not the piss test.  &gt; . I prefer pot to alcohol, do it on my own time, and I never ever ever show up high or even fuzzy from the night before.  You're an exception. Many pot smokers do it daily and think it doesn't impair them. you're responsible, they are not.  &gt; No everyone that smokes pot is a loser.  I agree, but most are if they are daily smokers"}
{"_id": "358686", "title": "", "text": "\"Look, as my final comment.  You're overthinking this.  Companies routinely have waaaay more cash on their books than they \"\"need\"\" because they keep a rainy day fund.  Yes, there are extreme examples like Apple that has about 60 billion more than they need but practically all companies are going to maintain excess cash for emergencies, acquisitions, etc.  As I said in another comment, the common theme between a DCF and an EV multiple is that they are both capital structure independent.    Even here there are going to be differences, companies with a really shitty capital structure (read: too much debt) will trade publicly at a lower enterprise value multiple because of the risk that they go bankrupt.  In an acquisition, this (probably) would not be the case.  In the case of a DCF, you would probably raise your discount rate to account for the risk of bankruptcy.\""}
{"_id": "358687", "title": "", "text": "\"With no numbers offered, it's not like we can tell you if it's a wise   purchase. -- JoeTaxpayer We can, however, talk about the qualitative tradeoffs of renting vs owning. The major drawback which you won't hear enough about is risk. You will be putting a very large portion of your net worth in what is effectively a single asset. This is somewhat risky. What happens if the regional economy takes a hit, and you get laid off? Chances are you won't be the only one, and the value of your house will take a hit at the same time, a double-whammy. If you need to sell and move away for a job in another town, you will be taking a financial hit - that is, if you can sell and still cover your mortgage. You will definitely not be able to walk away and find a new cheap apartment to scrimp on expenses for a little while. Buying a house is putting down roots. On the other hand, you will be free from the opposite risk: rising rents. Once you've purchased the house, and as long as you're living in it, you don't ever need to worry about a local economic boom and a bunch of people moving into town and making more money than you, pushing up rents. (The San Francisco Bay Area is an example of where that has happened. Gentrification has its malcontents.) Most of the rest is a numbers game. Don't get fooled into thinking that you're \"\"throwing away\"\" money on renting - if you really want to, you can save money yourself, and invest a sum approximately equal to your down payment in the stock market, in some diversified mutual funds, and you will earn returns on that at a rate similar to what you would get by building equity in your home. (You won't earn outsized housing-bubble-of-2007 returns, but you shouldn't expect those in the housing market of today anyway.) Also, if you own, you have broad discretion over what you can do with the property. But you have to take care of the maintenance and stuff too.\""}
{"_id": "358693", "title": "", "text": "If you have a reason to celebrate, then there is the reason for Paella party. Any Occasion! Birthday, christening, graduation, engagement, rehearsals, retirement, reunion, and wedding \u2013 our paella is sure to whet your appetite. We bring the restaurant to you in form of paella parties! Discuss prices and availability and let\u2019s get your Paella party started: https://friedmagazineheart.tumblr.com/post/165610514968/the-perfect-paella-catering-to-spice-up-your-event"}
{"_id": "358704", "title": "", "text": "Placing bets on targeted sectors of the market totally makes sense in my opinion.  Especially if you've done research, with a non-biased eye, that convinces you those sectors will continue to outperform.   However, the funds you've boxed in red all appear to be actively managed funds (I only double-checked on the first.)  There is a bit of research showing that very few active managers consistently beat an index over the long term.  By buying these funds, especially since you hope to hold for decades, you are placing bets that these managers maintain their edge over an equivalent index.  This seems unlikely to be a winning bet the longer you hold the position.   Perhaps there are no sector index funds for the sectors or focuses you have?  But if there were, and it was my money that I planned to park for the long term, I'd pick the index fund over the active managed fund. Index funds also have an advantage in costs or fees.  They can charge substantially less than an actively managed fund does.  And fees can be a big drag on total return."}
{"_id": "358719", "title": "", "text": "The US honey lobby has gone out of their way to arrange for protectionist barriers against Chinese honey.  I'm sure that a thousand commodity industries do this.  There are less-than-clean hands on both sides of the Pacific."}
{"_id": "358729", "title": "", "text": "Many mortgages have a clause saying the bank will not sell the loan. You are acting like this is unheard of, but it is a standard checkbox on most bank's mortgages, where they either mark that they can sell it or they mark that they won't. So, it is common enough for it to be on their standard forms. (There are many sources of funding for banks for mortgages that explicitly prevent them from selling loans)"}
{"_id": "358736", "title": "", "text": "Companies with existing borrowings (where borrowings are on variable interest rates) or in the case with fixed interest rates - companies that get new borrowings - would pay less interest on these borrowings, so their cost will go down and profits up, making them more attractive to investors.  So, in general lower interest rates will make the share market a more attractive investment (than some alternatives) as investors are willing to take on more risk for potentially higher returns. This will usually result in the stock market rising as it is currently in the US. EDIT: The case for rising interest rates A central bank's purpose when raising interest rates is to slow down an economy that is booming. As interest rates rise consumers will tighten up their spending and companies will thus have less revenue on top of higher costs for maintaining existing borrowing (with variable rates) or new borrowing (with fixed rates). If rates are higher companies may also defer new borrowings to expand their business. This will eventually lead to lower profits and lower valuation for these companies. Another thing that happens is that as banks start increasing interest for saving accounts investors will look for safety where they can get a higher return (than before) without the risk of the stock market.  With lowering profits and valuations, and investor's money flowing out of shares and into the money market, so will company share prices drop (although this may lag a bit with the share market still booming due to greed. But once the boom stops watchout for the crash)."}
{"_id": "358743", "title": "", "text": "Remote Deposit usually means a scanner and some software and has a monthly fee associated with it (so it only makes sense for businesses, and even then only some businesses). Chase and USAA allow you to make deposits via your iPhone which is aimed at consumers and has some deposit limits associated with it (checks have to be less than some $$). I've used both.  Remote Deposit is super easy, the software usually sucks, but it's too expensive for personal users ($60/month at citibank).  Chase deposits have worked on my iPhone usually after 2 or 3 tries but that did save me from walking to the bank."}
{"_id": "358754", "title": "", "text": "I'm glad you have a sense of humor!  However, back to the people described in the OP. They don't have the opportunity to get a few day labor jobs in order to raise funds.  In fact, for an unfortunate number of them, their solution is to migrate to Europe in order to do exactly that.  This has caused massive problems in the European countries surrounding the Mediterranean. I'm sure you've heard about it in the media, but if not, here is an article by the BBC: [Mediterranean migrants crisis: Why is Africa silent?](http://www.bbc.com/news/world-africa-32480410)."}
{"_id": "358758", "title": "", "text": "The issue is, universal healthcare is not perfect.  No system is, since healthcare costs are economically infinite, so every system draws the line somewhere.       In universal healthcare, coverage lines are determined by central authorities on what is most economically beneficial to ALL of society.       In the US, coverage lines are drawn up by for profit insurers.  It's a complete clusterf*ck.   Why any American would prefer a barely regulated for profit insurer to make decisions on whether their critical healthcare is covered, knowing that they personally profit should they decline coverage is incredible.       I personally lean libertarian, but not for areas like schools and healthcare.  They are far better served universally supported by government taxes."}
{"_id": "358768", "title": "", "text": "\"My thoughts on loaning money to friends or family are outlined pretty extensively here, but cosigning on a loan is a different matter.  It is almost never a good idea to do this (I say \"\"almost\"\" only because I dislike absolutes).  Here are the reasons why: Now, all that said, if my sister or parents were dying of cancer and cosigning a loan was the only way to cure them, I might consider cosigning on a loan with them, if that was the only option.  But, I would bet that 99.9% of such cases are not so dire, and your would-be co-borrower will survive with out the co-signing.\""}
{"_id": "358769", "title": "", "text": "&gt; Okay, why?  Because the only modern justification for the existence of a nation is the social contract.   &gt; We have seen that corporations will push limits regularly which shows little respect for the law or other people's property.  Without the concept of corporate person-hood, a impartial judicial system to settle disagreements, and enforcement significantly more powerful than all actors, corporations would have little reason to heed claims of property.  Ownership would become a question of what you can control, not what you made/traded for.   Exactly. That's why we have the social contract and thus services like police and civil courts that ensure the mutual respect for each other's property.  But for the vast majority of interactions enforcement won't be required since you want your property respected as well. It's the golden rule  &gt; Tell me why.  Because - once again - mandatory public healthcare is based on forced redistribution of wealth, which is a violation of the social contract. I'm quite sure I explained this already multiple times.  &gt; It doesn't solve the problem of how the money sucks money to the top.  Please elaborate as to why that is a problem in the first place."}
{"_id": "358770", "title": "", "text": "I have used TradeKing for a couple of years now and love it.  It really is a great site.  They hold an IRA trading account for me and have been helpful in rolling money into that account, and with answering the occasional question. Previously I have used Scottrade and found that TradeKing is a much better value."}
{"_id": "358776", "title": "", "text": "If you are just starting out, my tactic would be to go way high and then consider any different play money. So guess $90 and when it comes in at $60, buy a new shirt or go on a date."}
{"_id": "358795", "title": "", "text": "\"The loan-to-value ratio (LTV Ratio) is a lending risk assessment ratio that financial institutions and others lenders examine before approving a mortgage. It sounds like your lender has a 60% requirement. Remember the home is the collateral for the loan.  If you stop making payments, they can take the house back from you.  That number is less than 100% to accommodate changing market prices, the cost of foreclosure, repairing and reselling the home.  They may be a safety factor built in depending on the home's location.   If you want to buy a $1.8 million dollar home you will have to come up with 40% down payment.  That down payment is what reduces the risk for the lender.  So no, there is no way to cheat that. Think about the transaction from the view of the lender.   Note: in some areas, you can still get a loan if you don't have the required down payment.  You just have to pay a monthly mortgage insurance.  It's expensive but that works for many home buyers.  A separate insurance company offers a policy that helps protect the lender when there isn't enough deposit paid. Update:  Er, no.  Keep it simple.  The bank will only loan you money if it has collateral for the loan. They've built in a hefty safety margin to protect them in case you quit paying them your monthly payments.  If you want to spend the money on something else, that would work as long as you provide collateral to protect the lender.  You mention borrowing money for some other purpose then buying a home.  That would be fine, but you will have to come up with some collateral that protect the lender. If you wanted to buy a new business, the bank would first ask for an appraisal of the value of the assets of the business.  That could be applied to the collateral safety net for the lender.  If you wanted to buy a business that had little appraisal value, then the bank would require more collateral from you in other forms.  Say you wanted to borrow the money for an expensive operation or cosmetic surgery. In that case there is no collateral value in the operation. You can't sell anything from the surgery to anybody to recover costs. The money is spent and gone.  Before the bank would loan you any money for such a surgery, they would require you to provide upfront collateral.  (in this case if you were to borrow $60,000 for surgery, the bank would require $100,000 worth of collateral to protect their interest in the loan.) You borrow money, then you pay it back at a regular interval at an agreed upon rate and schedule.  Same thing for borrowing money for the stock market or a winning horse at the horse race.  A lender will require a hard asset as collateral before making you a loan...   Yes I know you have a good tip on a winning horse,and you are bound to double your money, but that's not the way it works from a lender's point of view.    It sounds like you are trying to game the system by playing on words.  I will say quit using the \"\"40% to 60%\"\" phrase.  That is just confusing.  The bank's loan to value is reported as a single number (in this case 60%)  For every $6000 you want to borrow, you have to provide an asset worth $10,000 as a safety guarantee for the loan. If you want to borrow money for the purchase of a home, you will need to meet that 60% safety requirement.  If you want to borrow $1,000,000 cash for something besides a home, then you will have to provide something with a retail value of $1,666,667 as equity. I think the best way for you to answer your own question is for you to pretend to be the banker, then examine the proposal from the banker's viewpoint. Will the banker alway have enough collateral for whatever it is you are asking to borrow? If you don't yet have that equity, and you need a loan for something besides a home, you can always save your money until you do have enough equity.  Comment One. I thought that most lenders had a 75% or 80% loan to value ratio. The 60% number seems pretty low.  That could indicate you may be a high risk borrower, or possibly that lender is not the best for you.  Have you tried other lenders?  It's definitely worth shopping around for different lenders.   Comment Two. I will say, it almost sounds like you aren't being entirely honest with us here.  No way someone with a monthly income who can afford a $1.8 Million home would be asking questions like this.  I get that English probably isn't your first language, but still.  The other thing is: If you are truly buying a $1.8 Million dollar home your real estate agent would be helping you find a lender that will work with you.  They would be HIGHLY motivated to see this sale happen.   All of your questions could be answered in ten minutes with a visit to your local bank (or any bank for that matter.)  When you add up the costs and taxes and insurance on a 30 fixed loan, you'd have a monthly mortgage payment of nearly $10,500 a month or more.  Can you really afford that on your monthly income?\""}
{"_id": "358825", "title": "", "text": "&gt;The Russell 3000 measure of US stock prices was up by 16.93% in 2010, but CEO pay went up by 27.19% overall.  this is telling since generally stocks follow earnings(not always but generally). This shows the skewing of ceo compensation with productivity increases.  You know the median worker at these corps didnt see a 36% increase, probably not more than a 8% increase if that. And thats not counting the really low level people., who still havent seen their jobs come back despite corps breaking records on earnings and giving ceos raises after having their markets and banks bailed out by the us tax payer.   Corps need to ask not what the country can do for them, but what they can do for the country, To borrow a quote."}
{"_id": "358826", "title": "", "text": "\"again, you feel compelled to add terminology that you don't seem to understand.  There is no chicanery necessary to \"\"bet\"\" against a company.  It's called shorting.  Our you buy a sell option (a \"\"put\"\").  These have been around for ever.  Individuals can do it if they desire.    Market manipulation is another matter and certainly does happen.    Thus far, there does not appear to be any evidence that FB's stock price was manipulated downward, it was just over-priced to begin with.\""}
{"_id": "358837", "title": "", "text": "Every bank and credit union in the US has a Deposit Agreement and Disclosures document, Bank of America is no different. Our general policy is to make funds from your cash and check deposits   available to you no later  than the first business day after the day   of your deposit. However, in some cases we place a hold  on funds that   you deposit by check. A hold results in a delay in the availability of   these funds. that sounds great but ... For determining the availability of your deposits, every day is a   business day, except Saturdays,   Sundays, and federal holidays.   If   you make a deposit on a business day that we are open at one of our   financial centers before   2:00 p.m. local time, or at one of our ATMs   before 5:00 p.m. local time in the state where we  maintain your   account, we consider that day to be the day of your deposit. However,   if you make  a deposit after such times, or on a day when we are not   open or that is not a business day, we  consider that the deposit was   made on the next business day we are open. Some locations have    different cutoff times. so if you deposit a check on Friday afternoon, the funds are generally available on Tuesday. but not always... In some cases, we will not make all of the funds that you deposit by   check available to you by the  first business day after the day of   your deposit. Depending on the type of check that you deposit,  funds   may not be available until the second business day after the day of   your deposit. The first  $200 of your deposits, however, may be   available no later than the first business day after the day  of your   deposit.  If we are not going to make all of the funds from your   deposit available by the first business  day after the day of your   deposit, we generally notify you at the time you make your deposit. We   also tell you when the funds will be available. Ok what happens when the funds are available... In many cases, we make funds from your deposited checks available to   you sooner than we  are able to collect the checks. This means that,   from time to time, a deposited check may be  returned unpaid after we   made the funds available to you. Please keep in mind that even though    we make funds from a deposited check available to you and you withdraw   the funds, you are  still responsible for problems with the deposit.   If a check you deposited is returned to us unpaid  for any reason, you   will have to repay us and we may charge your account for the amount of   the  check, even if doing so overdraws your account. Fidelity has a similar document: Each check deposited is promptly credited to your account.  However,   the money may not be available until up to six business  days later,   and we may decline to honor any debit that is applied  against the   money before the deposited check has cleared. If a deposited check does not clear, the deposit will be removed  from   your account, and you are responsible for returning any  interest you   received on it. I would think that the longer holding period for Fidelity is due to the fact that they want to wait long enough to make sure that the number of times they have to undo investments due to the funds not clearing is nearly zero."}
{"_id": "358846", "title": "", "text": "The only sensible reason to invest in individual stocks is if you have reason to think that they will perform better than the market as a whole. How are you to come to that conclusion other than by doing in-depth research into the stock and the company behind it?   If you can't, or don't want to, reach that conclusion about particular stocks then you're better off putting your money into cheap index trackers."}
{"_id": "358860", "title": "", "text": "Not wholly accurate.  Most fully electric cars (Leaf, Focus) have published ranges of 100 miles but real-world of about 70.  Chevy Volts average 35, but have a backup generator to provide unlimited total range.  Regardless, plenty far for about 3/4 of people's commutes.  Also if you can charge at work, you can increase (up to doubling) the above figures."}
{"_id": "358905", "title": "", "text": "Oh Yay!!! . what a recovery, was not AIG the insurance company that was left holding its own dick when the whole world defaulted in 2008.  If memory serves, it was unable to pay out on all those credit default claims and had to get a massive bail out just to keep the banking system from imploding.  The Fed must have bought a shit load of crap from them.  Ah . .October cometh and the Great Unwind . . we cannot very well rate a Systemic Risk AAA now can me.  Smart move gramma . .nice try . . . didn't fly"}
{"_id": "358912", "title": "", "text": "Sivani DTH is one the best Airtel Dealers and Service providers in Chennai. We offer a range of Set Top Box at affordable prices. Get same day service! Call us at 9884024446, 9176602325, 8939844422 for more details!"}
{"_id": "358916", "title": "", "text": "\"Eh, in some ways yes, some ways no. Electric motors tend to run out of steam at high RPM's which limits their performance above 100mph or so. Before you say \"\"no one goes (or needs to go) above 100mph\"\", yes, yes people do and more often than you might think.\""}
{"_id": "358918", "title": "", "text": "If this goes through and the company is punished sufficiently this breach with ultimately be good news.  Security as been too easily neglected because fixing it provides no obvious immediate benefit to the customer as opposed to other features.  So the only way this gets addressed is when CEO's and stockholders feel significant pain."}
{"_id": "358939", "title": "", "text": "\"(1) I think the phrase \"\"Variable Annuity\"\" is a glowing red flag. A corollary to that is that any strategy that uses insurance for a purpose (e.g. tax avoidance) other than protecting against loss rates at least a yellow flag. (2) The other really obvious indicator is a return that is completely out of whack with the level of risk they are saying the investment has. For example, if someone promises a 10% annual return that is \"\"Completely Safe\"\" or \"\"Very low risk\"\", Run. (3) If it is advertised on tv/radio, or all your friends are talking about it at parties. Stay away. Example: Investing in Gold Coins or the hot Tech IPO. (4) The whole sales pitch relies on past returns as proof that the investment will do well without any real discussion of other reasons it will continue to to well. Beware the gambler's fallacy. (5) Finally, be very wary of anyone who has some sort of great investment plan that they will teach you if you just pay $X or go to their seminar. Fee based advice is fine, but people selling a get rich quick vehicle typically know the real way to get rich is to get suckers to pay for their seminars.\""}
{"_id": "358952", "title": "", "text": "I think you missed this comment from /u/SEA-Sysadmin:   &gt;Ultimately all these will pale in comparison to the cost of choosing a place where Amazon cannot get talent to move.  Detroit has very serious problems in this regard. U of M grads can get more money and opportunity elsewhere and local companies have difficulty getting people to move to metro Detroit from other parts of the U.S. It's a perfect storm in terms of brain-drain."}
{"_id": "358960", "title": "", "text": "You would think so wouldn't you, after all, it's your money! In practise though, it's not as easy as you might think because anti money laundering and anti fraud laws mean you generally have to withdraw money to the same account you funded your trading from. Some forex trading account providers will allow you to fund from multiple sources, but then insist on putting money back to those sources in some proportion or some order or other. Some forex trading account providers at least claim that they may, AT THEIR DISCRETION, let you do it, IF the destination account is in the same name, but I wouldn't be surprised if they charged you for it, and actually the charges might be somewhat justified if they have to invoke identification procedures to make sure the other account is indeed actually you. You would have to talk to a specific service provider and see if they agree to do what you want, they all have FAQs about funding and withdrawal so you can scan around online for the slightly more flexible ones and then give them a call. You might find it difficult to get any guarantees out of them though."}
{"_id": "358962", "title": "", "text": "\"It's a certified accountant who has passed the CPA exam in order to hold the designation.       If you don't pay taxes on your income, you'll be completely fucked down the line. If you're self reporting and it's not automatically deducted, definitely speak to a CPA. They may even recommend filing taxes quarterly. The sub you're using is more for high finance and capital markets, I'd suggest /r/personalfinance for your situation.       Also, far be it from me to say, because $2k/mo is great for an 18 year old who is presumably in college, but you won't get in trouble as long as you pay taxes. If you mean in a long-term sense of financial stability, yeah that could be bad. $24k is absolutely amazing now and if being hot on instagram can pay for your college, then 100000% do it, that's fucking awesome.      Just make sure to get a degree because if you're still only making $24k in your mid 20's, yes you could be in \"\"trouble\"\" as in dire financial straits. That's not much to live off of when you finally have lots of bills to pay.\""}
{"_id": "358985", "title": "", "text": "Heh, not surprised.  Stock investing is very much like gambling to most people I've known, whether they admit it or not.  They invest by hunches on what will go up or down, or tips from their gardener, etc."}
{"_id": "358997", "title": "", "text": "What is your time horizon? Over long horizons, you absolutely want to minimise the expense ratio \u2013 a seemingly puny 2% fee p.a. can cost you a third of your savings over 35 years. Over short horizons, the cost of trading in and trading out might matter more. A mutual fund might be front-loaded, i.e. charge a fixed initial percentage when you first purchase it. ETFs, traded daily on an exchange just like a stock, don't have that. What you'll pay there is the broker commission, and the bid-ask spread (and possibly any premium/discount the ETF has vis-a-vis the underlying asset value).  Another thing to keep in mind is tracking error: how closely does the fond mirror the underlying index it attempts to track? More often than not it works against you. However, not sure there is a systematic difference between ETFs and funds there. Size and age of a fund can matter, indeed - I've had new and smallish ETFs that didn't take off close down, so I had to sell and re-allocate the money. Two more minor aspects: Synthetic ETFs and lending to short sellers. 1) Some ETFs are synthetic, that is, they don't buy all the underlying shares replicating the index, actually owning the shares. Instead, they put the money in the bank and enter a swap with a counter-party, typically an investment bank, that promises to pay them the equivalent return of holding that share portfolio. In this case, you have (implicit) credit exposure to that counter-party - if the index performs well, and they don't pay up, well, tough luck. The ETF was relying on that swap, never really held the shares comprising the index, and won't necessarily cough up the difference. 2) In a similar vein, some (non-synthetic) ETFs hold the shares, but then lend them out to short sellers, earning extra money. This will increase the profit of the ETF provider, and potentially decrease your expense ratio (if they pass some of the profit on, or charge lower fees). So, that's a good thing. In case of an operational screw up, or if the short seller can't fulfil their obligations to return the shares, there is a risk of a loss.  These two considerations are not really a factor in normal times (except in improving ETF expense ratios), but during the 2009 meltdown they were floated as things to consider. Mutual funds and ETFs re-invest or pay out dividends. For a given mutual fund, you might be able to choose, while ETFs typically are of one type or the other. Not sure how tax treatment differs there, though, sorry (not something I have to deal with in my jurisdiction).  As a rule of thumb though, as alex vieux says, for a popular index, ETFs will be cheaper over the long term. Very low cost mutual funds, such as Vanguard, might be competitive though."}
{"_id": "359039", "title": "", "text": "If your debit card has no fraud protection then you need to find a different bank, many debit cards include it. Even with fraud protection, I don't like to keep excess money in the checking account, so I have checking and savings accounts with an online bank.  I can transfer money from savings to checking instantly, 6 times per month, which allows me to keep only what is needed in the checking account. Many online banks have a better overdraft policy as well, where you simply pay a small amount of interest on the over-drawn amount, rather than a set ~$35 overdraft fee, or a $20 fee for them to automatically transfer money from your savings account. I've heard of, but not made use of threshold-based fraud alerts or two-factor approval, which you can set up so that any purchase in excess of $N triggers the need for additional approval via your phone."}
{"_id": "359048", "title": "", "text": "&gt; Healthcare prices went through the roof...  That is a Republican talking point myth.   [Health care premiums went up by a higher percentage in the first-half of Bush's presidency than they did under the worst Obamacare year](https://www.alvarezandmarsal.com/insights/private-exchanges-healthcare-costs-and-employee-affordability).  &gt; So are you an idiot or just ignorant?  I'm sure anyone who thinks the world is complicated appears that way to you."}
{"_id": "359091", "title": "", "text": "Many factors really. No loans but my HOA is $240 per month. Car is $292. I keep having my bikes stolen (mine twice and girlfriend's once within the past 4 months). I hit a pothole and tore a hole in my oil pan last week, AC broke a few months ago in my condo. I just can't get ahead but I'm hopeful."}
{"_id": "359109", "title": "", "text": "Whether you need integrated data services, telephony services, network cabling, IT infrastructure, new wiring systems, grid solar panelling or just general repair work. We provide a full range of electrical services at competitive rates, with excellent quality and our trademark professional customer service."}
{"_id": "359131", "title": "", "text": "In a perfect world scenario you would get a car 2-5 years old that has very little mileage.  One of the long standing archaic rules of the car world is that age trumps mileage.  This was a good rule when any idiot could roll back an odometer. Chances are now that if you rolled your odometer back the car was serviced somewhere, had inspection or whatever and it is on a report.  If seller was found to do this they could face jail time and obviously now their car is almost worthless. Why do I mention this?  Because you can take a look at 2011 cars.  Those with 20K miles go for just a little more than those with 100K miles.   As an owner you will start incurring heavy maintenance costs around 100K on most newer cars. By buying cars with lower mileage, keeping them for a year or two, and reselling them before they get up in miles, you can stay in that magic area where you can drive a pretty good car for $200-300 a month.  Note that this takes work on both the buying and selling side and you often need cash to get these cars (dealers are good about siphoning really good used cars to employees/friends).   This is a great strategy for keeping costs down and car value up but obviously a lot of people try to do this and it takes work and you have to be willing to settle sometimes on a car that is fine, but not exactly what you want. As for leasing this really gets into three main components: If you are going to do EVERYTHING at a dealership and you want something new or newish you might as well lease.  At least then you can shop around for apples to apples.  The problem with buying a new/used car from the dealers in perpetuity isn't the buying process.  It is the fact that they will screw you on the trade-in.  A car that books for 20K may trade-in for 17K.  Even if the dealer says they are giving you 20K, then they make you pay list price for the car.   I have many many times negotiated a price of a car and then wife brought in our car separately and I can count on ZERO fingers how many times that the dealership honored both sides of the negotiations.  Not only did they not honor them but most refused to talk with us after they found out.   With a lease you don't have to worry about losing this money in the negotiations.  You might pay a little extra (or not since you can shop around) but after the lease you wash your hands of the car.   The one caveat to this is the high-end market.  When you are talking your Acura, Mercedes, Lexus... It is probably better to buy and trade in every couple years.  You lose too much equity by leasing, where it won't cover the trade-in gap and cost of your money being elsewhere.  I have a friend that does this and gets a slightly better car every 2-3 years with same monthly payment.   Another factor to consider is the price of a car.  If your car will be worth over $15K at time of sale you are going to have a hard time selling it by owner.  When amounts get this high people often need financing.  Yes they can get personal financing but most people are too lazy to do this.  So the number of used car buyers on let's say craigslist are way way fewer as you start getting over $10-12K and I have found $15K to be kind of that magic amount.   The pro-buy-used side is easy.  Aim for those cars around $12-18K that are out there (and many still under warranty).  These owners will have issues finding cash buyers.  They will drop prices somewhere between book price and dealer trade-in.  In lucky cases where they need cash maybe below dealer trade-in.  And remember these sellers aren't dealing with 100s let alone 10 buyers.  You drive the car for 3-4 years.  Maybe it is $7-10K.  But now you will get much much closer to book price because there will be far more buyers in this range."}
{"_id": "359150", "title": "", "text": "Adopting the appreciative inquiry note, advocates suggest that instead of focussing on what causes employees to leave, companies should focus on what causes them to stay. Research conducted in this area has uncovered many variables that help people stay on board. These three major variables are fit, connection and sacrifice."}
{"_id": "359165", "title": "", "text": "If a company is dumb enough to use activesync instead of a better alternative (for example an encrypted sanboxed application you can kill remotely like Good)  then turn around and tell people they 'own' their iPhone because they didn't do enough to find a right solution for BYOD I don't know what to say."}
{"_id": "359177", "title": "", "text": "Heres what you need to know: This can be prevented by what a previous renter did to us. This is a smart, kind of a jerky way to do it but its VERY SMART, as long as your property is worth it, raise the rent higher. You must have a very nice, clean, everything working, house. You must be willing to have anything fixed. this is all to make up the high rent. You don't want the rent way out of proportion but just a bit higher. This is because, more than likely, people who are going to pay for a higher rent don't usually leave a mess, (higher class families vs lower class people living alone..) What might also help from the risk of damage is create a fee (also what my renter did) of any painting needed done like finger prints on the wall, nails in the wall, carpet stains, etc when the tenant is ready to move out. I would suggest a required professional carpet cleaning as well when lease is up. My renter was very nice, but very strict and did all these things. He has a few properties that are very nice middle class houses. Your home sounds like it could easily pass for this kind of business depending on where you live. If the tenant leaves before his lease is up you could charge a 1-2 month's rent to be able to find a new tenant. Be proactive on finding a tenant before the lease is up.  This would be a bit of work to first set up and usually maintain, but its a good thing to think about."}
{"_id": "359190", "title": "", "text": "I would say it's a bit more complicated than that. Do you understand what a market maker does?  An ECN (electronic communication network) is a virtual exchange that works with market makers. Using a rebate structure that works by paying for orders adding liquidity and charges a fee for removing liquidity. So liquidity is created by encouraging what are essentially limit orders, orders that are outside of the current market price and therefore not immediately executable. These orders stay in the book and are filled when the price of the security moves and triggers them.  So direct answer is NYSE ARCA is where market makers do their jobs. These market makers can be floor traders or algorithmic. When you send an order through your brokerage, your broker has a number of options. Your order can be sent directly to an ECN/exchange like NYSE ARCA, sent to a market making firm like KCG Americas (formerly Knight Capital), or internalized. Internalization is when the broker uses an in house service to execute your trade. Brokerages must disclose what they do with orders. For example etrade's. https://content.etrade.com/etrade/powerpage/pdf/OrderRouting11AC6.pdf This is a good graphic showing what happens in general along with the names of some common liquidity providers. http://www.businessweek.com/articles/2012-12-20/how-your-buy-order-gets-filled"}
{"_id": "359201", "title": "", "text": "\"First, it's an exaggeration to say \"\"every\"\" dollar. Traditional mutual funds, including money-market funds, keep a small fraction of their assets in cash for day-to-day transactions, maybe 1%. If you invest $1, they put that in the cash bucket and issue you a share. If you and 999 other people invest $100 each,  not offset by people redeeming, they take the aggregated $100,000 and buy a bond or two. Conversely, if you redeem one share it comes out of cash, but if lots of people redeem  they sell some bond(s) to cover those redemptions -- which works as long as the bond(s) can in fact be sold for close enough to their recorded value. And this doesn't mean they \"\"can't fail\"\". Even though they are (almost totally) invested in securities  that are thought to be among the safest and most liquid available,  in sufficiently extreme circumstances those investments can fall in market value,  or they can become illiquid and unavailable to cover \"\"withdrawals\"\" (redemptions). ETFs are also fully invested, but the process is less direct. You don't just send money to the fund company. Instead: Thus as long as the underlyings for your ETF hold their value, which for a money market they are designed to, and the markets are open and the market maker firms are operating, your ETF shares are well backed. See https://en.wikipedia.org/wiki/Exchange-traded_fund for more.\""}
{"_id": "359229", "title": "", "text": "As a corollary to this; the average investor will never know more than the market. Buffett can buy mispriced securities because he runs a multi-billion dollar company dedicated to finding these mispricings.   My advice for the common man:  1. Invest in both Stocks (for growth) &amp; Bonds (for wealth preservation) 2. Stocks should be almost exclusively Index Funds  That's it.  The stock market has a 'random walk with a positive drift' which means that in general, the market will increase in value. Index funds capture this value and will protect you against the inevitable BoA, AIG, Enron, etc.   It's fine to invest in index funds with a strategy as well, for instance emerging market ETFs could capture the growth of a particular region. Bear ETFs are attractive if you think the market is going to hit a downturn in the future."}
{"_id": "359239", "title": "", "text": "\"Boy do they repeat, over and over and over their obsessive baseless anti-Trump \"\"news\"\".  The fact of the matter is that dolts like you believe them and also believe that stock market is at a record and unemployment is going down and yet \"\"the economy is not doing well under Trump\"\".\""}
{"_id": "359247", "title": "", "text": "\"*eyeroll*  The context of my comment was education, which can be determined by the fact that you were discussing college, I brought up trade schools and I more generally referenced an \"\"educated populace. Try not reading into what isn't there.   &gt;Also you never did answer my question about high school/GEDs being good enough in your world are we dodging or are you just that fired up that I want to apply context to your statements?  Yes, I did. I said \"\"there are many ways to achieve an educated populace.\"\" That would include high school/GED, sure.  It could include homeschooling, it could include traveling to another country, it could include studying with monks.\""}
{"_id": "359250", "title": "", "text": "Blockchain, the shared database technology that powers cryptocurrencies such as bitcoin, has over the past three years developed an almost unchallenged reputation as the next big thing in finance and technology. Many prominent financiers, technologists and entrepreneurs have staked their reputations and fortunes on it.  Take Blythe Masters, the former JPMorgan executive who is attributed with creating the credit default swap. After she joined Digital Asset Holdings, a blockchain start-up, in March 2015, she said that the technology should be treated as seriously as the development of the internet in the early 1990s.  And investors did exactly that. Up to $1.74bn has been invested in blockchain ventures to date, $796m of that since the beginning of 2016, according to data tracked by industry media company Coindesk. But as investment increased, so did the hype. Almost everything, from tracking tuna to managing medical records, has been touted as in line to benefit from the technology. Claims about blockchain\u2019s potential range from the outrageous (the end of poverty) to the more mundane and operational (cost reduction in repo clearing and real-time settlement).   Yet executives at blockchain-investing companies have rarely been able to explain what it was that blockchain would be enhancing in their businesses or why. \u201cYou\u2019ll have to ask my tech associate,\u201d has been the invariable answer. When asked what makes blockchain so exceptionally useful, the answers ranged in nature from \u201cit\u2019s a compression algorithm, and makes data storage cheaper\u201d to \u201cit enhances security and can\u2019t be hacked\u201d.  Neither assertion is strictly accurate. But the confidence demonstrates the scale of mythmaking in the industry. By 2016 the unchallenged claims were so out of whack with reality that even Gartner, the information technology adviser that created the hype cycle curve, had put blockchain near the top of its \u201cpeak of inflated expectations\u201d section.   Has blockchain hype stood the test of time? Or does the next phase in the Gartner hype cycle \u2014 \u201cthe trough of disillusionment\u201d \u2014 beckon? We are either there already or about to arrive.   Exhibit A: the suddenly diminished use of the term \u201cblockchain\u201d in the marketing of many of these ventures. The latest vogue is for distributed ledger technology (DLT) or shared permissioned databases. The linguistic pivot reflects an industry-wide realisation that blockchain has to be adapted for the real world. For the most part, blockchain as used in the crypto currency field cannot square with the demands of regulated industries that value privacy, cost-control, scale, competition, autonomy, legal recourse and compliance. By now almost all blockchain ventures have absolutely nothing to do with blockchain as it was originally described or used in bitcoin.  Exhibit B: the realisation that getting competing companies to co-operate on data sharing and storage is hard. Collaboration comes with oligopoly risk, lack of autonomy and loss of privacy. Small surprise some of the biggest co-operative ventures such as R3 have been losing members this past year. The Bank of Canada, meanwhile, officially abandoned its DLT experiment in May, stating that \u201cat its heart, there exists a fundamental inconsistency or tension between a centralised wholesale interbank payment system, as we have now, and the decentralisation inherent in the DLT\u201d.  Nothing is more indicative of a change in sentiment, however, than a sudden rise in scrutiny. Simon Scorer, from the Bank of England\u2019s digital currencies team, noted in a blog post last week that there is scope to make DLT systems more compatible with centralised environments. The problem is \u201cby adapting DLT in this way, you move further away from the principles for which it was originally designed\u201d.  And if that is the case, why bother?"}
{"_id": "359252", "title": "", "text": "Hey guys, I found this website, it seems to do it for free, and they have many options. If let me know if you find something better than this.  http://members.zignals.com/main/"}
{"_id": "359257", "title": "", "text": "A lender lends money to a person or institution. A creditor is owed money by the person or institution. Many times they are equal. But if you owe money to somebody they are a creditor. You could have paid with a check, but it bounced. Or you contracted them for a service, and then never paid for that service.  Yes technically a creditor did offer a short term that was supposed to be paid within X days of being billed.  Sometimes a creditor works the other way also. You gave a deposit to company X for them to remodel your kitchen. They never start the job. They now owe you a refund of your deposit. You are now a creditor."}
{"_id": "359259", "title": "", "text": "AMD is doing more than just laying off staff. Their earnings report also includes sales of real estate and other turn around strategies that could be reflected in the stock coming up on hope from investors. At the same time, consider how much of an up is a definite sign of positive news and how much may just be random noise as even a broken clock will be right twice a day. Often there will be more than just an announcement of x% of staff being laid off. There will be plans to improve future profits and this is what shareholders would want to know. What is the management doing to move the company forward to better profits down the road."}
{"_id": "359301", "title": "", "text": "I'm not sure of another other forums, maybe WSO? For subreddits, perhaps r/Economics can at least guide you better.  Thanks for sharing the papers! I wish I had some I could share with you but I don't know any. Maybe you can ask your profs, or even profs at other institutions? I'm sure they will appreciate the initiative and help you out.  I really don't know much about any of that yet unfortunately. Wish I could be of more help!"}
{"_id": "359303", "title": "", "text": "The nature of this question (finding a financial adviser) can make it a conundrum. Those who have little financial experience are often in the greatest need of a financial adviser and at the same time are the least qualified to select one. I'm not putting you or anyone in particular in this category. And of course it's a sliding scale: In general the more capable you are of running your own finances the more prepared you are to answer this question. With that said, I would recommend backing up half a step. Consider advisers other than strictly fee-only advisers. Perhaps you have already considered this decision. But perhaps others reading this have not. My (Ameriprise) adviser charges a monthly (~$50) fee, but also gets percentage-based portions of certain investments. Based on a $150/hr rate that amounts to four hours per year. Does he spend four hours per year on my account? Well so far he does (~2 yrs). But that is determined primarily by how much interaction I choose to have with him. (I suppose I could spend more time asking him questions and less time on this forum. :P) I have never fully understood the gravitation towards fee-based advisers on principle. I guess the theory is they are not making biased decisions about your investments because they don't have as much of a stake in how well your investments to do. I don't necessarily see that as an advantage. It seems they would have less of an incentive to ensure the growth of your investments. Although if you're nearing retirement then growth isn't your biggest concern. Perhaps a fee-based adviser makes more sense in that scenario. Whatever pay structure your adviser uses, it would seem to make sense to consider a successful adviser with a good client base. This implies that the adviser knows what he/she is doing. (But it could also just be a sign that they are good at marketing themselves.) If your adviser has a good base of wealthy clients then choosing a strictly-fee based adviser would mitigate the risk of your adviser having less incentive to consider your portfolio vs that of more wealthy clients. To more directly answer your question I suggest asking several of your adviser candidates for advice on choosing an adviser. I suspect you will get some good advice as well as good insight on the integrity and honesty of the adviser."}
{"_id": "359304", "title": "", "text": "Ah, I actually have heard this idea once before from one of my professors back in university (a greenish economist). He was skeptical about slapping more dollar signs on everything as a solution to all our problems, because monetizing things usually has odd side-effects (due to quirks in human psychology). It's certainly an interesting concept though, and I'd love to see some trials done."}
{"_id": "359316", "title": "", "text": "\"As a lefty, mixed emotions I guess. On the one hand, I think the criminal-justice system is far more harsh on \"\"minor\"\" crime, like some poor guy stealing $500, than crime that really impacts a lot of people and involves much larger sums, for a variety of reasons. So it's sort of interesting to see a white-collar criminal actually being taken seriously for once.  On the other hand, I'm not a fan of the United States's ridiculous obsession with jailing people for long periods of time. In some other countries, 110-year sentences don't even *exist*. In most of Scandinavia, 15-year sentences are the maximum for any crime, with a very rarely invoked exception that allows the police to petition for someone's release to be delayed if they would pose an imminent threat of violence upon release. So in general I'm against locking lots of people up just as revenge, as opposed to because they would pose a real threat if they were not locked up. I would also prefer to look first for alternative arrangements, such as house arrest and monitoring, and reserve prison only for *really* dangerous people where there is absolutely no possible alternative. I'm not sure Stanford really counts in that category.  So it basically boils down to, by the standards of American criminal justice, white-collar crime is greatly under-prosecuted relative to other crime. But the standards of American criminal justice are uncivilized bullshit, and I'm not sure locking up a bunch of white-collar criminals is a good way to make up for the fact that we lock up too many petty criminals, or even people doing things that shouldn't be crimes at all.  The other, somewhat different, issue is that I think we need to go after systemic problems more than random individuals. The system of finance is the real problem.\""}
{"_id": "359335", "title": "", "text": "The rates seem a little higher that those available at my credit union, but you seem to be able to borrow larger sums of money than many banks/credit unions will allow. Overall, it's a viable way to go."}
{"_id": "359348", "title": "", "text": "Does anyone know if it is possible to find Lehman Brothers last two conference calls before they went defunct in September (audio version)? Really interested in hearing it vs. reading it. I would appreciate it! Note, I did try the 'way back machine'."}
{"_id": "359387", "title": "", "text": "\"&gt; USPS is a private company entirely.   That's a bit of a myth as I understand it. It's an \"\"independent establishment\"\" unlike any other part of the of the government, but it still operates under the federal umbrella. Congress controls what products and services it can offer, postal workers are federal employees, and it's not subjected to antitrust laws ([per SCOTUS decision](https://supreme.justia.com/cases/federal/us/540/736/) that's based on it still being a government organization).\""}
{"_id": "359399", "title": "", "text": "\"&gt; why else move there?   I understand your point, and not arguing buut..imo NW AR seems near close to perfect. Depending on your lifestyle, wants, needs etc personally it would be top 5 places I'd move if I had a well paying job lined up. Unlimited hiking, hunting, boating, mild winters, lush green, laid back, out of the packed crowds of other cities, clean, natural, very affordable property and good soil for a garden, chickens, few heads of cattle etc etc. the Ozarks are magical.   I know a lot of people that haven't been to that part of the country who would absolutely love it. It's just sort of unknown/off the beaten path and lumped in with \"\"the south\"\"..plus it's close the lovely Branson! ;)\""}
{"_id": "359402", "title": "", "text": "Haha -- you are wrong about that. Companies that outsource keep the high paying good jobs in the USA because 1. They know the business 2. They speak perfect English 3. They know American culture well, which sorta helps a lot in America"}
{"_id": "359405", "title": "", "text": "&gt; Hence all businesses in the US, no matter what currency they make money in, have to buy USD to pay their taxes.  So that means that means other currencies are valueless since X government doesn't see Y currency as a means of payment? Also, you don't buy so much as trade but potatoes potatos."}
{"_id": "359433", "title": "", "text": "\"In the first years of a loan, most of what you're paying is interest, so my guess is that this is a bad idea. But there are lots of mortgage calculators offered for free on the web (your bank's website may have one) so I'd suggest that you spend some time running actual numbers before deciding. Reminder: Most renovations do NOT pay for themselves in increased sales price, not least because you'll lose the buyers who don't like what you've done but would have been happy to renovate it themselves to their own tastes. Unless there is something which will actively impair your ability to sell the house, you should usually renovate when you plan to stay there for a while and take your returns in enjoying the house more, NOT on the way out. (There's been some recent discussion of this over in Home Improvement, pointing out that the changes which return more than they cost are usually simple things like refreshing the paint, \"\"staging\"\" the house so it looks lived in but not cluttered, replacing damaged blinds, washing windows, putting out a few more flowers, and so on.)\""}
{"_id": "359435", "title": "", "text": "I don't think he did. I think he was saying lazy implies that people are not doing work or thought. He stated that, in fact, he believes people are fatigued because of overwork rather than lazing about.  I would agree. I would like to go to the corner store and buy it, but there's a chance they won't have it. So why am I going to do that if I can eliminate a decision and instead buy it from something like Amazon?"}
{"_id": "359442", "title": "", "text": "\"Well, it's not even just about dealing with a half day. There is literally a message on every single data feed that states \"\"this is it for this trading session\"\". Why the hell would you consider any data after that as something you'd process?\""}
{"_id": "359444", "title": "", "text": "\"&gt; Sherlock Holmes?!? Shit has to go public domain sometime.  Disney disagrees...  and has been able to (so far) purchase regular extensions from Congress.  Moreover, Disney has a history of doing the opposite as well: they take shit that WAS public domain and turn it into \"\"copyrighted/trademarked\"\" territory.\""}
{"_id": "359459", "title": "", "text": "Website:https://www.hosesfittings.com  Our clients are provided with best China Supplier Hydraulic Hose Fitting and Ferrule in bulk amount. We try to meet the specific requirements of our clients and source only the best and sustainable China Supplier Hydraulic Hose Fitting and Ferrule. They are easy to install, long sustainable, perfect in fitting and are highly stainless. Our vendors apply superior metals to make them advanced and durable. We ensure advanced range of China Supplier Hydraulic Hose Fitting and Ferrule at nominal price range."}
{"_id": "359463", "title": "", "text": "Why not both? An entrepreneur spirit doesn't simply start once you graduate high school. I still remember building my first website when I was ten to sell my Pok\u00e9mon cards. It was a great experience that helped me become who I was today."}
{"_id": "359465", "title": "", "text": "As others have said, it depends entirely on what benefits are provided, and how much of the cost of those benefits is paid by the employer and how much is paid by the employee, and compare that to what it would cost to obtain the necessary/equivalent coverage without employer assistance. In my case, my employer pays more than $10,000 per year toward the cost of medical, dental, vision, disability, and life insurance for myself and my family. That's almost 20% of the average total household income in my state, so it is not an insignificant amount at all."}
{"_id": "359476", "title": "", "text": "Yes, and EY was complacent to opine on those financials and provide a bullshit comfort letter to the book runners...  More likely Zuckerberg kept saying to price it higher and MS wanted to be part of some history and didn't make a wise decision and gave in."}
{"_id": "359483", "title": "", "text": "Good number of reviews (&gt;10,000) compared to a study of 100 though it isnt normalized or in an actual study format. The thing to note is that if you compare the types of employees to another tech company like lets say Google/Alphabet or Facebook you have a different distribution in the type of people recruited and that might effect their experience as well as severely skew the sample. Amazon does a lot of retail, support and call centers as compared to a lot of engineers with a more educated background. Both are people but theres definitely a difference in the type of person as well as their temperament you get if you go to lets say an urban wal-mart as compared to an Alphabet or Facebook engineer."}
{"_id": "359509", "title": "", "text": "\"Hanging up is easy, whether it be charities or telemarketers: \"\"Sorry. I'm giving to other charities and am not interested in donating at this time. Bye. No, seriously, I know there are starving puppies, bye.\"\" *hang up* You're probably trying to be polite and inoffensive by not interrupting and listening to the pitch, but you're not doing them a favor by listening for longer if you're not interested in paying up. Assuaging your guilt is another matter I can't address here.\""}
{"_id": "359510", "title": "", "text": "\"Congrats on saving the money but unfortunately, you're looking for a 24% annual rate of return and that's not \"\"reasonable\"\" to expect.  $200 per month, is $2,400 per year.  $2,400/$10,000 is 24%. In a 1% savings account with spending of $200 per month spending you'll have about $7,882 at the end of the year.  You'll earn about $90 of interest over the course of the year.  I'm sure other people will have more specific opinions about the best way to deploy that money.  I'd open a brokerage account (not an IRA, just a regular plain vanilla brokerage account), break off $5,000 and put it in to a low fee no commission S&P index fund; which CAN lose value.  Put the rest in a savings account/checking account and just spend wisely.\""}
{"_id": "359515", "title": "", "text": "A 401-K is something you get through an employer. I recommend getting a self-directed IRA.  You can open an IRA with Scottrade with $500 The money you put into an IRA is tax deferred, meaning that you do not have to pay taxes on profits. It may also lower your tax liability.  Scottrade has a feature to automatically reinvest any dividends from the securities you own. This feature allows you to avoid commissions on those automatic purchases.  Don't try to time the market. Pick a good ETF (exchange traded fund) that pays dividends. It will give you diversification.  Avoid the urge to buy and sell constantly. This only gives commissions to the broker."}
{"_id": "359518", "title": "", "text": "&gt;I believe that decisions should not be based on ideology but on their merits and results  This is the exact opposite of your argument.  Good luck with your future endeavors. I hope it's never a law firm."}
{"_id": "359541", "title": "", "text": "I think this has been clearly explained to you already.  I agree with others that you are hating on Tesla because you need to hate someone and it's been all of five minutes since you last raged.  BUT... In case that's not the case and you really just don't understand let me try and explain it.  The batteries are exactly the same, yes.  The difference between them is one is limited by software and the other is not.  There are trade offs to each choice.  Limiting the battery to 20% of it's capaciy means you can recharge to full every day and do little to no harm to your battery.  You will of course have a limited range.  With the unlocked you 75kwh battery, you get more range.  Now Tesla warns you not to charge beyond 90% of the battery capacity or you begin to damage the battery.  However you get more range.  Let's also be clear here.  The battery packs limited to 60kwh have a REDUCED price of 8500 for the vehicle.  If you want to upgrade you pay the 8500 difference, but you are also woke for tax rebates and incentives which make the upgrade cheaper.  The short: the 60kwh version is cheaper, you'll get a longer life out of your battery, and if you decide to unlock the full battery capacity, there are tax incentives making it cheaper in the long run.  Finally, your reference to this being a pay to win business model couldn't be more wrong.  From just what I've said here you're wrong.  This gets more cars into people's garage's and driveways as well as simplifies production reducing production costs.  It also provides more options to the consumer at a reasonable price.  Source: https://electrek.co/2016/06/09/tesla-60kwh-pricing-option-software-revolution-exclusive-details/"}
{"_id": "359567", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/10/17/slash-your-student-debt-by-earning-your-degree-abroad.html) reduced by 39%. (I'm a bot) ***** &gt; Annual earnings in Ireland are about the same as in the U.S. - $55,000 - but schools are tuition-free.  &gt; &amp;quot;We walk around thinking that America is the best place to earn an education, but when you take a look at the facts, you start to see that earning a degree abroad is actually a smarter move to make,&amp;quot; said Rick Neil, CEO of RN Public Relations and a spokesperson for studentloanreport.org.  &gt; In the United Kingdom, for example, students pay tuition that&amp;#039;s on par with the U.S. Even so, Britain is by far the most popular destination for American students seeking to get their degree abroad. Of those attending school outside the U.S., 36 percent of them are in the U.K..   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/777wzh/slash_your_student_debt_by_earning_your_degree/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~230713 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **U.S.**^#1 **earn**^#2 **degree**^#3 **tuition**^#4 **American**^#5\""}
{"_id": "359571", "title": "", "text": "Wow the collateral totally eliminates the purpose of the swap for B, to have a consistent steady cash flow and stable expenses.   It probably wouldn't be worth a broker's time unless it was in the millions.  They should invent interest rate swaps for the mass market. I'm patenting that!"}
{"_id": "359579", "title": "", "text": "I am not going to argue the merits of investing in real estate (I am a fan I think it is a great idea when done right).  I will assume you have done your due diligence and your numbers are correct, so let's go through your questions point by point. What would be the type of taxes I should expect?  NONE. You are a real estate investor and the US government loves you. Everything is tax deductible and odds are your investment properties will actually manage to shelter some of your W2(day job) income and you will pay less taxes on that too.  Obviously I am exaggerating slightly find a CPA (certified public accountant) that is familiar with real estate, but here are a few examples. I am not a tax professional but hopefully this gives you an idea of what sort of tax benifits you can expect.   How is Insurance cost calculated?  Best advice I have call a few insurance firms and ask them.  You will need landlord insurance make sure you are covered if a tenant gets hurt or burns down your property. You can expect to pay 15%-20% more for landlord insurance than regular insurance (100$/month is not a bad number to just plug in when running numbers its probably high).  Also your lease should require tenants to have renters insurance to help protect you. Have a liability conversation with a lawyer and think about LLCs.   How is the house price increase going to act as another source of income?  Appreciation can be another source of income but it is not really that useful in your scenario.  It is not liquid you will not realize it until you sell the property and then you have to pay capital gains and depreciation recapture on it.  There are methods to get access to the gains on the property without paying taxes.  This is done by leveraging the property, you get the equity but it is not counted as capital gains since you have to pay it back a mortgage or home equity lines of credit (HELOC) are examples of this.  I am not recommending these just making sure you are aware of your options. Please let me know if I am calculating anything wrong but my projection for one year is about $8.4k per house (assuming no maintenance is needed) I would say you estimated profit is on the high side.  Not being involved in your market it will be a wild guess but I would expect you to realize cash-flow per house per year of closer to $7,000.  Maybe even lower given your inexperience.  Some Costs you need to remember to account for: Taxes, Insurance, Vacancy, Repairs, CapEx, Property Management, Utilities, Lawn Care, Snow Removal, HOA Fees. All-in-all expect 50% or your rental income to be spent on the property.  If you do well you can be pleasantly surprised."}
{"_id": "359580", "title": "", "text": "The short answer is yes, it is possible to do what these classes claim, however, it is highly unlikely. For every person they can show you that got rich using whatever so called method they are teaching, there are hundreds of people that didn't that they aren't telling you about. What I would recommend is invest in a well diversified portfolio. If you have a higher tolerance for risk then you can make some of that portfolio out of higher risk/reward investments. Maybe you pick the next Apple or Google or Netflix or whatever but that portion of your portfolio should be money that you can afford to lose in case you pick duds."}
{"_id": "359588", "title": "", "text": "Several things may be the cause.   The person who clicked with you may be side lined in the hierarchy.   You missed something basic in the entire presentation, maybe you should have picked up or said something about this being similar to X industry or what not. (Not saying you didn't, but pointing out that there is a lot of different reasons as to why it could have happened)   The interviewer could have been a tool   There was another better candidate.   The usual admonitions apply, this is the same advice I give close family members when they get dinged -   1) You are doing the right thing in analyzing it  2) If you can't figure out something to improve on soonish, stop chewing on it. Its quite possibly that the answer will pop into your head once you've had time to distance yourself. Or the answer could be pointless to obtain.  3) Getting in is usually a numbers game - keep at it.   The fact that you are focusing is a good thing. You could always try the good old:   - Thank you for taking the time out to interview me. I respect the decision taken and regret not being able to join a firm that I greatly respect and admire. If possible, would I be able to talk/meet with you at your convenience.  I usually frame these things better, but right now, personally not feeling that confident about sending such a mail so its reflecting in the language.  The reason I am suspicious that such a mail won't work is because it sounds you came through the generic recruitment barrage for undergrads - and lee way there is few and far between.  All the same, you said you managed to connect positively witht he first interviewer, so adapt and target this at that conversation, put it into your voice and send it to him/her.   Thank them for their time, appreciate the effort, and ask politely and with confidence if you could have some time to understand their thought process.   You wont get into that firm , but you will make a contact if all goes well. And thats worth a lot."}
{"_id": "359602", "title": "", "text": "Oh it slowed the increase?  Do you mean since it was enacted compared to previous years, or since it was enacted compared to a crystal ball of what would have happened if it wasn't?  I can only assume you mean crystal ball, because the graph in this article makes it look like it was leveling off until ACA was passed.  https://www.forbes.com/sites/theapothecary/2016/09/27/health-insurance-premiums-have-continued-to-rise-faster-than-worker-wages-under-obamacare/#4bea42b6afe7"}
{"_id": "359640", "title": "", "text": "\"&gt;\"\"retail investors did not sufficiently research and think about the company, invested poorly\"\"  A million times this.  I wish I had sufficient funds to open a brokerage account at FB's IPO.  I wanted to shortsell the stock with every fiber of my being once I saw that imaginary $38 price valuation.  Facebook, IMO, has minimal growth prospects and is tapering off in popularity.  Within 3 years I figure they'll be on the downswing, with the only new users being companies who foolishly use it as their website for a movie or product launch. (and 8 year olds).\""}
{"_id": "359670", "title": "", "text": "Life is a lot more difficult if you accept the constraints that are sold to you. 80 hours per week for a $90k salary is completely unacceptable, imo, unless you're absolutely in love with your job and it's all you want to do anyway.  You can earn money in proportion to how much value you create for people if you offer something of value.  A degree in isolation, even from the best school in your field, is completely worthless though."}
{"_id": "359698", "title": "", "text": "The government multiplier effect is zero sum.  You will see a multiplier in the short term, but taxpayers will have to pare back spending in the future to service the debt, reversing the initial multiplier.  The funding burden for education and infrastructure spending should fall more heavily on those actually using it - more tuition fees, toll roads, etc."}
{"_id": "359704", "title": "", "text": "\"Free hint - If you're using some non-traditional definition of a common English word in a public forum then you should choose another word.   But whatever.  Please explain what exactly you were referring to.   I mean \"\"rather\"\" isn't even that important.  The real important phrase is this:  \"\"in most cases, people end up paying more in taxes\"\"  There aren't multiple ways to interpret that.  \"\"People end up paying more in taxes\"\" means there are two scenarios - one with more taxes and one with less.  You've claimed that the first of those is tax-deferred accounts and gave a reason why.  But what is the second scenario?    &gt;NOWHERE  Exactly.  You're totally wrong.  That's all I needed to hear.  Have a nice evening.\""}
{"_id": "359713", "title": "", "text": "\"Based on past case law, a check made payable to qualified charity and delivered (e.g., placed in the mail on 12/31 would count as delivered as it is out of the hands of the donor) would fall under the \"\"constructive receipt doctrine\"\". However, for non-charitable gifts (e.g., gifts to family members) it is the date the check is cashed (honored by the receiving bank).  This is important as the annual gift exclusion is just that \"\"Annual\"\".  Therefore, if I gift my child $14,000 by writing a check on 12/31/2014 but they deposit it on 1/3/2015 then I have used my annual gift exclusion for 2015 and not 2014.  This means I could not gift them anything further in 2015. BTW the annual gift amount is for ALL gifts cash and non-cash.  Most people don't seem to realize this.  If I give $14,000 of cash to my child and then also give them Christmas gifts with a value of $1,000 I have exceeded my annual gift exclusion to that child.  Usually there are ways around this issue as I can give $14,000 to each and every person I want and if married my spouse can do the same.  This allows us to give $14,000 from each of us to each child plus $14,000 from each of us to their spouse if married and $14,000 from each of us to each of their children if they have any.\""}
{"_id": "359718", "title": "", "text": "Most likely economics then. What I'm looking to gain is an understanding of how the market works so that I may take that knowledge and use it to make investments, buy stocks, or possibly start a business.  I have a very large amount of time between my studies for my classes and I think it would be a waste to not learn these tools (to give you a reason for my interest in this)."}
{"_id": "359734", "title": "", "text": "Are you sure you're not just looking at prices that are adjusted for the split, e.g. Yahoo? For example, Gilead Sciences (GILD) split a few months ago, but if you look at a price chart, there isn't an interruption even though the split is clearly marked. (Look in the past six months; it split in January). However, you could also simply be watching companies that happen to not split, for a variety of reasons. This isn't a criticism, but rather just a consequence of whatever stocks you happen to be watching.  However, a quick search for information on stock splits yields a few articles (mainly from the Motley Fool) that argue that fewer companies are performing stock splits in recent years; the articles mainly talk about tech companies, and they make the argument that even though the shares in Google and Apple have a high stock price: Google and Apple aren't all that expensive by traditional valuation   metrics. Google trades at just 15 times next year's projected   profitability. Apple fetches a mere 13 times fiscal 2012's bottom-line estimates. These articles are a bit dated in terms of the stock prices, but the rationale is probably still good. Similar logic could apply for other companies; for example, since May 2009, Panera's stock price has climbed by almost a factor of 4 without splitting. The articles also make the point that stock splits were traditionally seen as bullish signs because: Companies splitting to bring their share prices back down to more   accessible levels were optimistic in building those sand castles back   up. One could make a fair argument that the overall economic climate isn't as bullish as it used to be, although I would only be convinced that this was affecting stock splits if data could be gathered and tested. A stock split can also raise the price of a stock because if small investors feel the stock is suddenly more accessible to them, they purchase more of it and might therefore drive up the price. (See the Investopedia article on stock splits for more information). Companies might not see the necessity in doing this because their stock price isn't high enough to warrant a split or because the price isn't high enough to outprice smaller investors.  One interesting point to make, however, is that even though stock splits can drive small investors to buy more of the stock, this isn't always a gain for the company because professional investors (firms, institutions, etc.) have a tendency to sell after a split. The paper is a bit old, but it's still a very neat read. It's possible that more and more companies no longer see any advantage to splitting because it might not affect their stock price in the long run, and arguably could even hurt it. Considering that large/professional investors likely hold a higher percentage of a company's shares than smaller investors, if a stock split triggers a wave of selling by the former, the increasing propensity to buy of the latter may not be enough to offset the decline in price.  Note: My answer only refers to standard stock splits; the reasons above may not apply to a decrease in the number of reverse stock splits (which may not be a phenomenon; I don't know)."}
{"_id": "359736", "title": "", "text": "One approach is to control your budget more effectively. For example work out your essential living expenses things like food, rent and other bills you are committed to and compare this to your regular income.  Then you can set up a regular automatic payment to a savings account so you limit the disposable income in your current account. If you keep a regular check on this balance it should make you feel like you have less 'spare' money and so less temptation to spend on impulse purchases.  Similarly   it may help to set a savings goal for something you really do want, even if this is itself  a bit frivolous it will at least help you to discipline yourself.  Equally it may be useful to set a fixed budget for luxuries, then you have a sense that when it's gone it's gone but you don't have to completely deny yourself."}
{"_id": "359741", "title": "", "text": "One question I have is what to do about hiring. I know of some guys I can hire, but I couldn't hire them full time because I don't have enough work yet. Is it common for plasterers or construction workers to work for multiple companies part time?"}
{"_id": "359753", "title": "", "text": "The problem was that it was such a niche offering that was only used by hardcore bitcoin fans. It's such a hassle just to buy bitcoin, as Coinbase makes you wait a week. If you don't already have bitcoin, there was (and still, I assume) no reason to not use paypal or a credit card, which offer much better protection to the buyer.   Gyft, an online e gift card company which carries every major retailer, was offering a percentage off to people who paid in bitcoin. I was getting Amazon cards through them but once they stopped offering bitcoin discounts, I have stopped using bitcoin all together as an online purchase tool."}
{"_id": "359778", "title": "", "text": "The risk situation of the put option is the same whether you own the stock or not.  You risk $5 and stand to gain 0 to $250 in the period before expiration (say $50 if the stock reaches $200 and you sell).   Holding the stock or not changes nothing about that.  What is different is the consideration as to whether or not to buy a put when you own the stock.  Without an option, you are holding a $250 asset (the stock), and risking that money.  Should you sell and miss opportunity for say $300? Or hold and risk loss of say $50 of your $250?  So you have $250 at risk, but can lock in a sale price of $245 for say a month by buying a put, giving you opportunity for the $300 price in that month.  You're turning a risk of losing $250 (or maybe only $50 more realistically) into a risk of losing only $5 (versus the price your stock would get today)."}
{"_id": "359787", "title": "", "text": "First, you are not a loser nor an idiot! You have avoided many debt mistakes and have a stable income. This move will be good for you and your family and an opportunity to continue to build your life together. The fact you are even thinking about this and asking questions shows that you are responsible. To your rent/buy question, Ben Miller has a great summary in his answer. I have nothing more to add except that you already know you cannot buy. That question is not really your main problem. You need some financial goals and then you need a plan to achieve those goals. As you become more educated about finances, it can be like drinking from a fire hose. Trying to analyze too much information can paralyze you and make you 'freak out' that you are messing everything up! Try this.  Think about where you want to be in 5 years or so. Write down with your fiance some of those dreams and goals. Maybe things like finish college degree(s), buy a house, pay off student loans, wedding, have more kids, etc... As you prioritize these things, you will see that some are short-term goals and some are long-term. Then you lay out a step by step plan to get there. By focusing on each step at a time, you see more success and are more motivated.  As you see movement towards your goals, you will be willing to sacrifice more to get there. You will be willing to rent a cheaper place with less room to make more headway on these things. This will be a several year plan, which is why it is so important to define your goals at the beginning. This will give you motivation and the mental toughness to follow through when it is difficult."}
{"_id": "359797", "title": "", "text": "How can it be that risky to buy a house right now? They're dirt cheap!  Bad comparisons aside, I think you'll find that most jobs which require degrees are a lot more pleasant, comfortable and enjoyable, particularly in terms of intellectual stimulation, than those accepting high school diplomas or below.  It's not just about how much more money you make. It's also about how you spend your time during those 40 years of work."}
{"_id": "359814", "title": "", "text": "Starting and running a business in the US is actually a lot less complicated than most people think. You mention incorporation, but a corporation (or even an S-Corp) isn't generally the best entity to start a business with . Most likely you are going to want to form an LLC instead this will provide you with liability protection while minimizing your paperwork and taxes. The cost for maintaining an LLC is relatively cheap $50-$1000 a year depending on your state and you can file the paperwork to form it yourself or pay an attorney to do it for you. Generally I would avoid the snake oil salesman that pitch specific out of state LLCs (Nevada, Delaware etc..) unless you have a specific reason or intend on doing business in the state.  With the LLC or a Corporation you need to make sure you maintain separate finances. If you use the LLC funds to pay personal expenses you run the risk of loosing the liability protection afforded by the LLC (piercing the corporate veil). With a single member LLC you can file as a pass through entity and your LLC income would pass through to your federal return and taxes aren't any more complicated than putting your business income on your personal return like you do now. If you have employees things get more complex and it is really easiest to use a payroll service to process state and federal tax with holding.  Once your business picks up you will want to file quarterly tax payments in order to avoid an under payment penalty.  Generally, most taxpayers will avoid the under payment penalty if they owe less than $1,000 in tax after subtracting their withholdings and credits, or if they paid at least 90% of the tax for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller. Even if you get hit by the penalty it is only 10% of the amount of tax you didn't pay in time. If you are selling a service such writing one off projects you should be able to avoid having to collect and remit sales tax, but this is going to be very state specific. If you are selling software you will have to deal with sales tax assuming your state has a sales tax. One more thing to look at is some cities require a business license in order to operate a business within city limits so it would also be a good idea to check with your city to find out if you need a business license."}
{"_id": "359830", "title": "", "text": "It's bad enough folks can't push carts and walk sometimes. Now you want to introduce looking at their cellphones? Joking aside,  I don't think I've ever had issues getting an employee to help guide me. I even had a store manager mail my rebate check out of country."}
{"_id": "359862", "title": "", "text": "\"Yes.  It does cost the same to pay off a \"\"15 year in 15\"\" year versus a \"\"30 year in 15 year\"\" mortgage.  After all, the 30 year amortization period is only used by the lender to calculate the monthly payment he'll expect, while, unbeknownst to him, you are using a 15 year amortization and the same rate to calculate the payments you'll really make. One factor:  Can you make extra payments at the level you want, without incurring penalties from the lender?  Most mortgages have prepayment limits.  After all. he's seeing his nice steady 30 years of cash flow suddenly shortened.  He has to go out and find someone else to lend the unexpected payments to... EDIT:  Closed mortgages, with pre-payment charges are the norm here in Canada;  open mortgages predominate in the US  http://www.cmhc-schl.gc.ca/en/corp/nero/jufa/jufa_018.cfm\""}
{"_id": "359869", "title": "", "text": "Dream on. You are parroting government apologists. The only real complaint against gold is that it forces governments to limit their expenditures to what they can collect in revenue. All the critics of gold are in favor of big government and deficit spending.  Gold is money. It is the only real money. And within five years there will be a de facto gold standard in international commerce."}
{"_id": "359886", "title": "", "text": "**Islam by country**  Adherents of Islam constitute the world's second largest religious group. According to a study in 2015, Islam has 1.8 billion adherents, making up about 24% of the world population. Most Muslims are either of two denominations: Sunni (80-90%, roughly 1.5 billion people) or Shia (10\u201320%, roughly 170-340 million people). Islam is the dominant religion in the Central Asia, Indonesia, Middle East, North Africa, the Sahel and some other parts of Asia.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "359890", "title": "", "text": "This is a very misleading headline.  The USPS is mired in debt because they over-extended their labor costs and obligations, despite declining revenues and a dying business model. The Internet has stolen their market, wholesale, and yet they still over near permanent employment, health insurance and defined benefit pensions.  If the USPS does not make it's $5B payment into the health care fund, what happens when employees need to draw on that fund in the future? Who will pay for hip replacements and cancer treatments?  This is an obligation, just like servicing trucks, paying salaries, buying gas, etc. They're dying because letters turned into free email and junk mail turned into spam and website analytics."}
{"_id": "359909", "title": "", "text": "Investopedia, Khan academy, Udemy, and corsea are good places to start. You tube has some good videos too. I imagine if you are looking to impress in a job interview you mostly want to know the concepts. Finance is all about future cash flow. Understand the important ratios and how they effect cash flow. Ronald Sweet has a good video on YouTube that sums up finance."}
{"_id": "359921", "title": "", "text": "On top of the emergence of self driving cars, Oil is a shitty fuel source, because it costs 4 units of energy per unit delivered, and then most applications are only about 30% efficient (cars).  It's literally a massive energy waste to use it how we use it.    Oil won't die because people hate it, or your average Climate Denier believes in something other than God, it'll die for economic reasons."}
{"_id": "359926", "title": "", "text": "I do agree that MOST truck owners don't need all of the capacity that they have, but many do. I know a lot of people who haul big boats, horse trailers, travel trailers, etc with their trucks. If all you haul are sheets of 4x8 plywood you really don't need much of a truck."}
{"_id": "359950", "title": "", "text": "\"Its a good question. Off the top of my head I would suggest to revoke their licenses to do business, and involuntary dissolution of the corporate entity. Mandatory sale of all assets including customer lists and other intangibles to the highest bidder. The entity would essentially be absorbed by other businesses in their industry so the industry and economy as a whole probably wouldn't be affected too much by the \"\"execution.\"\" The shareholders would lose a lot obviously because the proceeds from the fire sale would probably be way lower than FMV. But fuck the shareholders, investing carries risk and their business failed. The relatively innocent employees could go work in the other businesses that bought up OldCo's assets. Higher level corporate executives should have to take personal responsibility legally. This is similar to how SOX requires the CEO and CFO to take personal responsibility for the financial statements they prepare and publish, with penalties up to and including millions of dollars of fines and jail time.  But of course, as long as I'm dreaming, I'd like a pony too as the saying goes.\""}
{"_id": "359952", "title": "", "text": "Essentially you can send a Check by mail, you brother deposits into Bank account. It costs very little, the time required would be around 1-2 months. You can do International Wire [Via SWIFT] it would reach in few days, fees are high. You can use specialized remittance services like Money2india, remit2india, or western union etc. The fees are low and generally funds reach in a week."}
{"_id": "359955", "title": "", "text": "\"I hear the \"\"West Virginia Strong\"\" argument all the time.  It follows along the lines of \"\"we've survived doing the same shit for so long we'll survive doing the same shit now.\"\"  They think as long as coal is coming out of the mountains, WV will continue to chug along and everything will be peachy.    I'm not a native, but I've lived in the area long enough to notice a few things about some of the people in the area.  There's a nonsensical pride concerning hard labor in many of the coal mining towns.  A family tradition dating back to when children could work at the ripe age of \"\"when dad died in the mines.\"\"  They're proud of the tradition, and if their children want to do something else with their lives, it's looked at as foreign and weird.  It's almost as if they don't want their children to have better lives than they grew up in.  The whole phenomenon blows my mind.\""}
{"_id": "359969", "title": "", "text": "Congrats! Make sure you nail down NOW what happens to the house should you eventually separate. I know lots of unmarried couples who have stayed together for decades and look likely to do so for life; I've also seen some marriages break up that I wouldn't have expected to. Better to have this discussion NOW.  Beyond that: Main immediate implications are that you have new costs (taxes, utilities, maintenance) and new tax issues (mortgage interest and property tax deductability) and you're going to have to figure out how to allocate those between you (if there is a between; not sure whether unmarried couples can file jointly these days)."}
{"_id": "359979", "title": "", "text": "Most jobs have fairly standardized raw inputs. If you're counting the number of widgets produced, that's easy. If you're counting sales performance that's easy (so long as someone's not handing out all the best clients to their friend while shafting some other sales people). With teaching, you have a year with 20-30 students. A bad batch could make the teacher look terrible despite the fact that the teacher would have rocked with a different batch."}
{"_id": "359987", "title": "", "text": "Can't pretend to be an expert in construction or real estate but I'm pretty sure that you can approach the people you know and pay them on a per job basis. I'm pretty sure finding other workers on a per job basis will be easy. I wouldn't say its common but its not uncommon either."}
{"_id": "360003", "title": "", "text": "My opinion is that in general, it is probably not a good idea to borrow at a cost in order to make your RRSP contribution.  Banks, of course, have an interest in loaning you money.  Don't expect their literature to be objective on the matter!  They are selling you a product and the advice is biased.  What better way to double-dip than to get guaranteed interest payments from you, as well as ongoing fees for (probably also) getting your loan money invested in their high-fee mutual funds? A year's RRSP contribution room allowance isn't use it or lose it \u2014 unlike 401k contribution allowances in the U.S.. That is, unused RRSP contribution room accumulates and you can take advantage of it in later years. If we couldn't carry our RRSP contribution room over, I might feel different about the general case for RRSP loans. Yet there are two specific cases I can think of where it may make sense to borrow and pay back: (a possible case) ... if your tax rate is currently in a high bracket (e.g. 46%), and you anticipate being in a lower income and bracket next year (e.g. 35%), then it would make sense to take advantage of the higher tax savings in the current tax year.  If you waited until the following year to take the deduction, you'd lose out on 11% of the deducted amount.   For a typical person whose income is level or increasing from year to year, this isn't likely to be applicable, but it could help somebody who is going on leave or otherwise has irregular income. (a foolish case) ... if you knew, somehow, that you could realize a return on your invested RRSP money exceeding the pre-tax earnings required to pay the interest on the RRSP loan.  However, I would suggest this is foolish bet to make.  The interest you pay is guaranteed, but the return you are expected to get is probably not (or if it is, it is probably a return lower than what your bank wants to charge on the loan.) If for some reason it does make sense for you, take the money and invest it somewhere better than the high-fee mutual funds the bank is also pushing."}
{"_id": "360007", "title": "", "text": "I don't like to use the word racist because, as you have pointed out, it is has been weaponized in discourse.  It would have been better for me to write about racISM rather than actually use the word racIST in my last post.  I try to keep my posts about ideas and not people and I messed up.  I have no basis to call YOU a racist, I don't know you.  Nor will I assume any malice on your part or on the part of those who disagree with me.  All I am stating is that there appears to be no reason to think that races are [biologically important and distinct](https://www.scientificamerican.com/article/race-is-a-social-construct-scientists-argue/).  I bring up zodiac as an example because, if you go looking, you may find that some groups statistically share traits.  But it doesn't mean anything because correlation doesn't prove causation.  I also use this analogy because zodiac is seen as something of a benign belief, and that's all I want to get across here, that people often adopt the beliefs of their society.  Like the widespread belief in god, I find the widespread belief in race to be misplaced."}
{"_id": "360008", "title": "", "text": "Case studies like this only exist to forward an agenda. If your business model works paying higher wages and making adjustments elsewhere then so be it. If it doesn't because you can't make those adjustments then you shouldn't be vilified. Each business even in the same segments find different ways to compete and that's the way it should be."}
{"_id": "360011", "title": "", "text": "New York state actually has laws protecting gym members from predatory gym membership pricing.  Your state may also have laws like that as well."}
{"_id": "360018", "title": "", "text": "Ramsey promotes Growth mutual funds and says he can screen out examples of good funds with a solid history of 10% returns in a couple of minutes on Morningstar.  The 12% in the video is fairly unrealistic, but 10% or 8% are realistic, especially when you buy into the market every month at all levels rather than chasing winners (buying high). At 10% you will still get $3 million in 40 years, and at 8% you'll get $1.5 million. You need to make sure you include reinvestment of dividends as well as mere price appreciation in these calculations of returns on investment. So yes, you could probably drive really nice cars this way without breaking the bank. Like any financial endeavor, this requires hard work, patience and discipline. The actual work in this case would be fairly minimal in comparison to the patience and discipline: If you get really lucky, you might end up with millions of dollars 40 years from now. If a health disaster, job loss, children's college, etc. strikes then you it might save you from financial ruin. Both are better than the rat race I agree his predictions are too rosy, but this ad is an emotional sales pitch designed to change goals and behavior. Compare it to the psychology and unrealistic claims in some of the auto commercials you see on TV."}
{"_id": "360025", "title": "", "text": "Zo'n zitbaden en Whirlpool baden goedkoper ergens besloten we dus niet meer hoeft te wachten, maar het bestellen. Dream bad Het online bestellen bleek zeer eenvoudig en was ook het geval voor de andere. Binnenkort onze badkamer zou eindelijk helemaal compleet!"}
{"_id": "360041", "title": "", "text": "Taxes are insanely cheaper than West Coast and Northeast.  I believe they are requiring a city with at least 1 million pop and existing public transit (I read that as train/subway). That eliminates a lot of cities. You are correct that  it is rapidly catching up to some of the big names on prop cost, etc."}
{"_id": "360048", "title": "", "text": "\"In the end, all these fees hurt the average consumer, since the merchant ultimately passes cost to consumer. Savvy consumers can stay at par or get ahead, if they put in the effort. It's a pain, but I rotate between 4 cards depending on time of year and type of purchase, to optimize cash back. My cards are:  1. 5% rewards card on certain categories, rotates each quarter 2. 2% travel/dining card (fee card, but I travel a bunch so it's worth it, no foreign transaction fees) 3. 1.5% rewards card for everything else 4. Debit card (swiped as a CC) for small purchases (i.e. lunches) at credit union for \"\"enhanced\"\" high interest checking account, requiring certain # swipes/month. This alone returns to me ~$800/yr.\""}
{"_id": "360059", "title": "", "text": "\"There are people (well, companies) who make money doing roughly what you describe, but not exactly. They're called \"\"market makers\"\". Their value for X% is somewhere on the scale of 1% (that is to say: a scale at which almost everything is \"\"volatile\"\"), but they use leverage, shorting and hedging to complicate things to the point where it's nothing like a simple as making a 1% profit every time they trade. Their actions tend to reduce volatility and increase liquidity. The reason you can't do this is that you don't have enough capital to do what market makers do, and you don't receive any advantages that the exchange might offer to official market makers in return for them contracting to always make both buy bids and sell offers (at different prices, hence the \"\"bid-offer spread\"\"). They have to be able to cover large short-term losses on individual stocks, but when the stock doesn't move too much they do make profits from the spread. The reason you can't just buy a lot of volatile stocks \"\"assuming I don't make too many poor choices\"\", is that the reason the stocks are volatile is that nobody knows which ones are the good choices and which ones are the poor choices. So if you buy volatile stocks then you will buy a bunch of losers, so what's your strategy for ensuring there aren't \"\"too many\"\"? Supposing that you're going to hold 10 stocks, with 10% of your money in each, what do you do the first time all 10 of them fall the day after you bought them? Or maybe not all 10, but suppose 75% of your holdings give no impression that they're going to hit your target any time soon. Do you just sit tight and stop trading until one of them hits your X% target (in which case you start to look a little bit more like a long-term investor after all), or are you tempted to change your strategy as the months and years roll by? If you will eventually sell things at a loss to make cash available for new trades, then you cannot assess your strategy \"\"as if\"\" you always make an X% gain, since that isn't true. If you don't ever sell at a loss, then you'll inevitably sometimes have no cash to trade with through picking losers. The big practical question then is when that state of affairs persists, for how long, and whether it's in force when you want to spend the money on something other than investing. So sure, if you used a short-term time machine to know in advance which volatile stocks are the good ones today, then it would be more profitable to day-trade those than it would be to invest for the long term. Investing on the assumption that you'll only pick short-term winners is basically the same as assuming you have that time machine ;-) There are various strategies for analysing the market and trying to find ways to more modestly do what market makers do, which is to take profit from the inherent volatility of the market. The simple strategy you describe isn't complete and cannot be assessed since you don't say how to decide what to buy, but the selling strategy \"\"sell as soon as I've made X% but not otherwise\"\" can certainly be improved. If you're keen you can test a give strategy for yourself using historical share price data (or current share price data: run an imaginary account and see how you're doing in 12 months). When using historical data you have to be realistic about how you'd choose what stocks to buy each day, or else you're just cheating at solitaire. When using current data you have to beware that there might not be a major market slump in the next 12 months, in which case you won't know how your strategy performs under conditions that it inevitably will meet eventually if you run it for real. You also have to be sure in either case to factor in the transaction costs you'd be paying, and the fact that you're buying at the offer price and selling at the bid price, you can't trade at the headline mid-market price. Finally, you have to consider that to do pure technical analysis as an individual, you are in effect competing against a bank that's camped on top of the exchange to get fastest possible access to trade, it has a supercomputer and a team of whizz-kids, and it's trying to find and extract the same opportunities you are. This is not to say the plucky underdog can't do well, but there are systematic reasons not to just assume you will. So folks investing for their retirement generally prefer a low-risk strategy that plays the averages and settles for taking long-term trends.\""}
{"_id": "360063", "title": "", "text": "&gt;Its on their servers which means its accessible via the internet.   We got an expert in cyber security!  &gt; And why are you concern about police license plate vacuums?  Because they put them everywhere without your knowledge and profile you based on it.   &gt; You afraid they are going to clean your plate?  Oh holy shit...  https://www.theatlantic.com/technology/archive/2016/04/how-license-plate-readers-have-helped-police-and-lenders-target-the-poor/479436/  &gt; And why are you more afraid of the DMV getting hacked?  Because Amazon has some of the best security in the world and Donald Trump is currently the person that will need to sign off on non essential governmental spending going forward...  &gt; If the DMV gets hacked they won't have access to your credit card info at best social security number.  Yeah, I'm sure Amazon is just rocking non-salted passwords right next to cc numbers.  Fucking please dude."}
{"_id": "360089", "title": "", "text": "Or am missing something?  Yes. The rate of 8.53 is illustration. There is no guarantee that the rate will be applicable. My yearly premium is Rs. 26289. On this amount I will save tax of Rs. 7887. So net premium is Rs. 18402. The other way to look at this is invest Rs 26289 [or actually less of Eq Term Deposit premium]. If you invest into Eq Term Deposit [lock-in for 6 years] with tax benefits, your numbers are going to be very different and definitely better than LIC returns. Edits:"}
{"_id": "360118", "title": "", "text": "Yeah, my analogy seems a bit off. The problems with some GMO seem to be external to the organism itself, so not valid in this argument. Unless we consider that Star Trek episode where those kids excreted a pathogen that aged any adults that came upon them as a defence mechanism."}
{"_id": "360125", "title": "", "text": ""}
{"_id": "360139", "title": "", "text": "\"The mortgage broker makes money from the mortgage originator, and from closing fees.  All the broker does is the grunt work, mostly paperwork and credit record evaluation.  But there's a lot of it.  They make their money by navigating the morass of regulations (federal, state, local) and finding you the best mortgage from the mortgage lender(s) they represent.  They don't have any capital involved in the deal.  Just sweat equity. Mortgage originator is the one who put up the capital for you to borrow.  They're the ones who get most of the payments you send in.  They sell the mortgage if they receive what they consider an equitable offer.  Keep in mind that the mortgage, from the lender's point of view, is made up of three parts.  The capital expenditure, the collateral, and the cashflow.  The present value of the cashflow at the rate of the loan is greater than the capital expenditure.  Any offer between those two numbers is 'in the money' for them, and the next owner, assuming no default.  But the collateral makes up for the chance of default, to an extent. There's also a mortgage servicing company in many cases.  This doesn't have to be the current holder of the loan. Study \"\"the time value of money\"\", and pay close attention to the parts about present value, future value, and cash flow and how to compare these.\""}
{"_id": "360193", "title": "", "text": "AS PER IRS PUBLICATION: Question: Is money received from the sale of inherited property considered taxable income? Answer:   To determine if the sale of inherited property is taxable, you must first determine your basis in the property. The basis of property inherited from a decedent is generally one of the following: For information on the FMV of inherited property on the date of the decedent\u2019s death, contact the executor of the decedent\u2019s estate. Also, note that in 2015, Congress passed a new law that, under certain circumstances, requires an executor to provide a statement identifying the FMV of certain inherited property to the individual receiving that property. Check IRS.gov for updates on final rules being promulgated to implement the new law. If you or your spouse gave the property to the decedent within one year before the decedent's death, see Publication 551, Basis of Assets. Report the sale on Schedule D (Form 1040), Capital Gains and Losses, and on Form 8949, Sales and Other Dispositions of Capital Assets: Under the new law passed by Congress in 2015, an accuracy-related penalty may apply if an individual reporting the sale of certain inherited property uses a basis in excess of that property\u2019s final value for federal estate tax purposes. Again, check IRS.gov for updates on final rules being promulgated to implement the new law. For estates of decedents who died in 2010, basis is generally determined as described above. However, the executor of a decedent who died in 2010 may elect out of the estate tax rules for 2010 and use the modified carryover of basis rules.   Under this special election, the basis of property inherited from a decedent who died during 2010 is generally the lesser of: Under this special election for estates of decedents who died in 2010, the executor of the decedent\u2019s estate may increase the basis of certain property that beneficiaries acquire from a decedent by up to $1.3 million (plus certain unused built-in losses and loss carryovers, if applicable), but the increased basis cannot exceed the FMV of the property at the date of the decedent\u2019s death. The executor may also increase the basis of certain property that the surviving spouse acquires from a decedent by up to an additional $3 million, but the increased basis cannot exceed the FMV of the property at the date of the decedent\u2019s death. The executor of the decedent\u2019s estate is required to provide a statement to all heirs listing the decedent\u2019s basis in the property, the FMV of the property on the date of the decedent\u2019s death, and the additional basis allocated to the property. Contact the executor to determine what the basis of the asset is. Report the sale on Schedule D (Form 1040) and on Form 8949, as described above. Additional Information:"}
{"_id": "360194", "title": "", "text": "Cyber attacks aren't something that has been traditionally covered by standard insurance policies.  Among other things, it's incredibly difficult for an insurance company to be able to effectively underwrite and audit the risk of a company's cybersecurity processes."}
{"_id": "360199", "title": "", "text": "In general, prices are inversely proportional to rates; however, accurate interest rate prediction would make one worthy of managing a large credit derivative hedge fund. This is not to say that interest rates cannot go up in Canada since the world is currently undergoing a resource bust, and the United States has begun exporting more oil, even trying to recently open the market to Europe, both of which Canada is relatively dependent upon. Also, to say that Canada currently has the most overpriced real estate is an oversight to say the least considering China currently has entire cities that are empty because prices are too high. A ten to twenty percent drop in real estate prices would probably be a full blown financial crisis, and since mortgage rates are currently around 2.5%, a one to two hundred basis point rise could mean a nearly 50% decrease in real estate prices if interest payments are held constant.  Canada would either have to start growing its economy at a much higher rate to encourage the central bank to raise rates to such a height, or oil would have to completely collapse suddenly to cause a speculatively possible collapse of CAD to encourage the same. The easiest relationship to manipulate between prices and rates is the perpetuity: where p is the price, i is the interest payment, and r is the interest rate.  In this case, an increase of r from 2.5% to 4.5% would cause a 44.5% decrease in p if i is held constant.  However, typical Canadian mortgages seem to mature in ten years at a fixed rate, so i cannot be held constant, and the relationship between r and p is less strong at earlier maturities, thus the most likely way for prices to collapse is for a financial collapse as described above."}
{"_id": "360221", "title": "", "text": "So you have to be a science and math whiz to research the most important financial decisions of your life?  Business and Comp. Sci. Did finance. Left to go into education and entrepreneurship. 10+ years working with high risk youth in higher education.  Voted for Obama.  But go ahead and be intellectually lazy and put everyone in a nice box. Makes thinking easy for you I suppose.  Voted for Obama."}
{"_id": "360232", "title": "", "text": "&gt; Primarily because it's happening and nothing is being done.  I can sue you for responding to my post. You can settle with me and pay me out of fear of he lawsuit. That has no merit whatsoever on what would happen if the lawsuit actually went in front of a judge.  People do a lot of things and get away with it because of the fear others have of prosecuting."}
{"_id": "360264", "title": "", "text": "While it is possible, it's not a really good use of your time or theirs. Mortgage brokers have access to dozens of lenders, can assemble deals you can't even dream of, and are much more intimately acquainted with the latest lending rule changes than you are. They are paid by the lenders to bring them business, so there is no cost to you. A mortgage broker has the advantage of leverage because he can be placing 10 mortgages per day, while you will be placing one, once.  Your mortgage broker is working on your behalf. Get out of his way and let him do his job so you can concentrate on other matters. If your concern is that you want the lowest rate, share that with your broker and let him find the best rate for you. If you want a deal where you can put a larger prepayment down, let him know that and he will find you what you're looking for."}
{"_id": "360269", "title": "", "text": "Although it seems almost no one here understands that you're advocating for personal liberty rather than discrimination, I just want to say that you're not alone in feeling the way you do.  I personally would choose not to patronize a business that carried out its affairs in such a way, but I would also fight to protect their right to be able to operate their private property (lol like that exists anymore) in the way they choose and see fit.  I disagree with the civil rights act protections applying to private businesses and property."}
{"_id": "360285", "title": "", "text": "\"In my opinion, whichever plan or commodity system you use is just supplemental to a very simple thing: go to your bank's online account, set up a regular transfer (monthly in my case, maybe weekly for you depending on when you get your salary in your country/state) to a savings' account in your kid's name with a decent rate, and just watch it grow. Then adjust to salary fluctuations if needed. Also, prefer a tax-free savings account. Been working fine for me for my oldest who's now 4 yo. Started by saving only a little each month and increased as our financial pressure eased up a bit. For his sister, I already set up a similar thing and I will \"\"equalize\"\" both accounts with additional payments over time (Hmm, actually, maybe that's not fair and they just need to be \"\"equalized\"\" in that they both have the same amount for a given age... but that's another question). Another option, which I set up for my oldest but not for his sister was a child trust fund with an initial payment. We moved countries and I don't find a plan that I find similarly attractive here, and the other one is locked until 18 yo. But, as with all portfolios, it comes with a risk. Note that I don't live in the U.S. in the land of crazy college fees. Though I've studied myself in countries where fees were already a drag (and I'm being polite) for various fields (IT and music studies, anyone?), I have to say when I see fees for the big league universities and colleges in the U.S. I am kind of shocked. Doable, but good luck with that and with your loans.\""}
{"_id": "360288", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://web.archive.org/web/20120510112644/http://www.stwr.org/imf-world-bank-trade/decommissioning-the-imf-world-bank-and-wto.html) reduced by 99%. (I'm a bot) ***** &gt; Since the 1970&amp;#039;s the World Bank has steadily increased its original mandate of providing long term loans for reconstruction, to funding multimillion dollar infrastructure projects in developing countries.  &gt; To qualify for World Bank loans and expertise a country must agree to implement Structural Adjustment Programs.  &gt; As described in the above analysis, the past 20 years have provided ample evidence that the IMF, World Bank and WTO impede poverty reduction and economic development in poor countries.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70sy2u/decommissioning_the_imf_world_bank_and_wto/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211894 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **country**^#1 **trade**^#2 **economic**^#3 **World**^#4 **global**^#5\""}
{"_id": "360310", "title": "", "text": "you dont understand the way markets work if you think that. speculators exist in every market. there are FX speculators, does that mean that the the US dollar, yuan, or yen is a game of musical chairs? If an asset or commodity has a use for everyday people, then they are going to buy that asset or commodity. Speculators or traders bring liquidity and reduce volatility to make the price less volatile so everyday people will be able to use it. Bitcoin is a new technology and people are trying to figure out what its value should be. This is r/finance and I have to explain this? Obviously there are many people out there who find value in a decentralized digital currency."}
{"_id": "360322", "title": "", "text": "If you want a career that gets you lots of money and you want to advance, you are going to be working more than 40 hours per week.  I am at a 45 hour a week job, and its nice to have time off at home and all that, but I don't make enough money to really do too much in my free time.  I'm looking for a new job currently,  Its tough, because this is what you spend the majority of your week doing, and no one wants to be miserable doing it."}
{"_id": "360354", "title": "", "text": "MAD. If they rat, they get caught, too.   Moreover, it can't be that hard to find a group of 4-5 people who aren't stupid. I can think of a dozen friends of mine off the top of my head I'd have complete confidence in if we decided to rob a bank."}
{"_id": "360356", "title": "", "text": "Ownership vs loanership.  You can either own the factors of production, and so directly recieve the dividends of that production, or you can loan your wealth to someone who will use it to buy ownership in the factors of production, and give you a portion.  Guess which one grows faster?    One thing that was missed in this article, is that the political climate  towards equity ownership has been very favorable since the 1980's, encouraging and simplifying the ownership of equity.  The problem is that the middle class didn't take advantage of it, and now it's essentially too late."}
{"_id": "360361", "title": "", "text": "When you begin a business, you should choose which business structure (likewise legitimate structure or business frame) to Business Structure. In case you're essentially in business for yourself and don't anticipate enlisting workers, you might have the capacity to get by as a sole proprietorship. Be that as it may, huge business elements for the most part fuse, which gives certain advantages regarding obligation insurance and the multifaceted nature required for a substantial business."}
{"_id": "360367", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.project-syndicate.org/commentary/monopoly-power-wealth-income-inequality-by-mordecai-kurz-1-2017-09) reduced by 94%. (I'm a bot) ***** &gt; In a recent paper measuring the economic effects of monopoly power, I approximated normal levels above which profits or stock values are not purely chance events, but rather reflective of monopoly power.  &gt; With these levels, I measured the monopoly component of total stock values - what I call &amp;quot;Monopoly wealth&amp;quot; - and of monopoly profits or rent.  &gt; First, because most technology-based monopoly power does not violate existing antitrust laws, regulating IT will require new measures to weaken monopolies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/7268jg/the_new_monopolists_by_mordecai_kurz/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~215755 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **monopoly**^#1 **wealth**^#2 **power**^#3 **rise**^#4 **firm**^#5\""}
{"_id": "360374", "title": "", "text": "The situation is more complex than this article describes.  Increasing productivity and automation have eliminated or squeezed whole sectors of jobs.  The previous middle class was not capable of the kind of work that is becoming common.  Labor is the key, and right now people are out of sync with available opportunities.  This kind of problem takes decades to work out, and this time demographics are mucking things up."}
{"_id": "360390", "title": "", "text": "Etags Reviews So how does one go about replacing a vehicle registration? eTags customers enjoy the opportunity to replace their registration certificate for free for every year that they are eTags customers. This eliminates the trip to the DMV, waiting in line, and paying any fees for duplicate registration."}
{"_id": "360392", "title": "", "text": "\"This article is mediocre, at best. It doesn't cover important sides of the issue, and the title clearly shows that the author is coming in with a strong bias. The \"\"college lie\"\"?  Research plainly shows that many degrees (definitely not all) are very much worth it.  https://www.nytimes.com/2014/05/27/upshot/is-college-worth-it-clearly-new-data-say.html?hp&amp;_r=1&amp;abt=0002&amp;abg=0  http://libertystreeteconomics.newyorkfed.org/2014/09/the-value-of-a-college-degree.html#.VA6Uh_mwLwk\""}
{"_id": "360410", "title": "", "text": "Try a car share program. My daughter uses on in Denver and got rid of her car and loves the money she saves. Here is one in NYC:  http://www.zipcar.com/nyc/find-cars"}
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{"_id": "360434", "title": "", "text": "While it is a true loss, as you've determined, is not a cash cost, per se. A cash cost would be a decrease in cash holdings.  Inflation does not take your cash balance; it devalues it, so it is an accrued loss. Central banks are extremely lazy in determining inflation, so the highest resolution available at a public level is monthly.  In the United States, there is a small project that tries to calculate daily inflation rates and seems to do a decent job, but unless if you are a customer of a particular financial institution, you will suffer a lag.  The small project refuses to make the data public in real time or even allow outside analysis. In the UK, the Office for National Statistics is responsible for consumer inflation statistics.  The methodology is not readily available, but considering the name, it is most likely an inferior Laspeyres index instead of the optimal Fisher index as it is in the US. To calculate the accrued cost due to inflation, simply multiply the amount of money held by the price index value at the beginning of the time held and divide by the price index value at the end of the time held. For example, to determine the amount of value lost since March 2014, multiply the money held by the price index value for March 2014 and divide by June 2014."}
{"_id": "360439", "title": "", "text": "\"Google Finance and Yahoo! Finance would be a couple of sites you could use to look at rather broad market information.  This would include the major US stock markets like the Dow, Nasdaq, S & P 500 though also bond yields, gold and oil can also be useful as depending on which area one works the specifics of what are important could vary.  If you were working at a well-known bond firm, I'd suspect that various bond benchmarks are likely to be known and watched rather than stock indices. Something else to consider here is what constitutes a \"\"finance practitioner\"\" as I'd imagine several accountants and actuaries may not watch the market yet there could be several software developers working at hedge funds that do so that it isn't just a case of what kind of work but also what does the company do.\""}
{"_id": "360440", "title": "", "text": "\"How will 45K-60K \"\"end up in your pocket\"\"?  Are you selling your home?  Where are you going to live?  You talk about moving to Arizona, what is so magical about that place? Congratulations on making a wise purchase.  Some people with new found money use it to correct past mistakes.  However, if they do not change their behavior they end up in the same situation just less them money they once had. While 50K income is respectable at your age, it is below the national average for households.  One factor in having a college education is those with them tend to experience shorter and fewer periods of unemployment especially for males.  Nothing will ever replace hustle, however.  I'd ask you to have a plan to raise your income.  Can you double it in 5 years?   You need to get rid of the revolving debt.  Do that out of current income.  No need to touch the house proceeds for something so small.  Shoot for 9 months. Then you need to get rid of the speeding fines and the vehicle loan.  That is a lot of vehicle for your income.  Again, I would do that out of current income or by selling the vehicle and moving to something more inline with your income.   As far as to moving or flipping foreclosures that is more of a question that has to do with your hopes and dreams.  Do you want to move your children every 3 years?  What if you move to Arizona and it turns out to be quite horrible?  You and your wife need to sit down and discuss what is best for your family.\""}
{"_id": "360466", "title": "", "text": "I think you're nuts. Nothing so dramatic. Jobs will just gradually disappear unless you have a PhD or are very very very good at doing something machines cannot do, which will be fewer and fewer things.   The country will fall apart."}
{"_id": "360481", "title": "", "text": "\"good vs \"\"bad\"\" debt in the context of that post. At least in the UK this can be a good tactic to reduce the cost of credit card debt. Some things to consider\""}
{"_id": "360491", "title": "", "text": "Well, it is a negative point of view, but nobody in the history of money has ever loaned money because they like you.  I suppose you could paint it as an honest point of view. All money lending is for profit.  If you have a high score, you are very likely to repay your loan because you are lower risk.  We always hear lower risk... but the risk is that they won't make money off of you. I think that just like we buy previously owned vehicles cars instead of used cars, and we banks call them service fees instead of junk fees, our credit score discusses our credit worthiness instead of profitability But none of that means you can't benefit from it.  It isn't a fear tactic, it is a way to judge each other.  You probably pay interest and fees to keep it high, but that is price of lending. I think the questioner has a negative view of credit (which I suppose is fine and is their right, I will defend their right to an opinion) but the way we do and judge credit is neither evil or benevolent. I could certainly agree that more transparency would be good, but only for honest folks.  If the credit bureaus made it public how they judged us, there would be a new industry for people who want to game the system. Update Since it always will cost to use credit, and using credit is the only way to prove your a low credit risk, it will therefore always cost money to raise your credit score. However the return on investment is exemplified in this question:  a person with no credit was able to get a loan, but at serious out of pocket cost.  Later, after establishing credit at a price of real money, he was able to secure a nearly identical loan for considerably less cost (in terms of interest paid) because he had proven himself worthy.  When I say proven, I mean paid interest. There is nothing wrong with questioning the system, change only occurs when people question the status quo.  And for sure our current system is not perfect, but like many employed systems while it is terrible but there is nothing better."}
{"_id": "360499", "title": "", "text": "I have a wifi enabled coffee table I want to pitch.   You can check online, and it confirms that it is still standing.   With rising anxiety in the US, this can be the new Xanax...       Tech bubble, what tech bubble?"}
{"_id": "360533", "title": "", "text": "This is an older question but things have changed. Its a common misconception on what the contribution cap is. A few things. In 2014, the IRS did not adjust the maximum contribution from the previous year which include 401(k) accounts, 403(b) accounts, most 457 plans, and Thrift Savings Plans, will be $18,000, up $500 from $17,500. Savers and investors aged 50 or older can take advantage of a catch-up contribution. In 2015, taxpayers who meet this age-based criterion can contribute an additional $6,000 above the regular maximum of $18,000, thus you can contribute a maximum of $24,000 into these tax-advantaged accounts.  The total contribution limit, including employer contributions, has increased to $53,000 You can actually contribute up to  53k (including matching) so the exact amount you contribute from your actual income may end up being more or less than 24k. If you get a poor employer match you can actually contribute more but it would go in as after tax dollars and not claim the tax deduction. Note: after tax does NOT equal Roth.  However if your a high salaried individual you can use this as a potential loop hole for funding a Roth IRA. Chances are if your making enough money to contribute 53k Total Contributions then your not going to qualify for a roth. However once you retire (or possibly before depending on the plan withdraw terms) you can roll the after tax money into a Roth IRA. This is a gray area on the tax policy. The IRS may come back and change their mind about this. If considering this option talk to a tax adviser."}
{"_id": "360535", "title": "", "text": "Would you like to take that statement back?  \u201cALL or 100 PERCENT BEEF (Patty Mix)\u201d:  Beef patty mix may be labeled \u2014all,\u201c \u2014pure,\u201c or \u2014100 percent beef,\u201c when the only added  ingredients are partially defatted chopped beef or finely textured beef. An ingredients  statement would be required on bulk packed product but not retail packages. \u2014All,\u201c  \u2014Pure,\u201c or \u2014100 percent,\u201c may not be used if partially defatted beef fatty tissue (PDBFT),  is used or mechanically separated species (MSS), are used.  http://www.fsis.usda.gov/OPPDE/larc/Policies/Labeling_Policy_Book_082005.pdf"}
{"_id": "360543", "title": "", "text": "CNC machining is used in manufacturing both metal and plastic parts. It is a robust and cost effective method to create prototype from actual production grade materials of plastic (ABS, PC, PP, POM, PMMA, PBT, Nylon, PEEK, PVC etc.) and metals &amp; alloys (Aluminum, Magnesium, Brass, Copper, Bronze, Mild Steel, Tool Steel, Tungsten and Titanium.)"}
{"_id": "360571", "title": "", "text": "Are you discounting the time when the blogs have 0 traffic and 0 revenue? In both career paths, there is a high level of career capital to build. Once you've attained enough career capital, you can reap the benefits.   You can't compare one person that is still building career capital to another that is reaping the benefits."}
{"_id": "360576", "title": "", "text": "Expenses matter. At the back end, retirement, the most often quoted withdrawal rate is 4%. How would it feel to be paying 1/4 of each years' income to fees, separate from the taxes due, separate from whether the market is up or down? Kudos to you for learning this lesson so early.  Your plan is great, and while I often say 'don't let the tax tail wag the investing dog' being mindful of the tax hit in any planned transaction is worthwhile.  Selling and moving enough funds to stay at 0% is great, a no-brainer, as they say. Selling more depends on the exact numbers involved. Do a fake return, and see how an extra $1000/$2000 etc, worth of fund sale impacts the taxes. It will depend on how much gain there is for each $XXX of fund. Say you are up 25%, So $1000 has $200 of gain. 15% of $200 is $30. A 1%/yr fee cost you $10/yr, so it's worth waiting till January to sell the next shares of the fund.  Keep in mind, the 'test' return will still have the 2013 rates and brackets, I suggest this only as an estimating tool."}
{"_id": "360586", "title": "", "text": "\"Every legitimate claim I've filed regarding fraudulent charges on my card includes signing a legal document. If your \"\"friend\"\" completes such a document and you can verify that it is untrue, he's in deeper trouble than you. Unfortunately, if he's successful in filing a claim that is later proven to be fraudulent, it puts your account in a poor status until it's fully cleared. Even then, corporate inertia may result in longer duration inaccurate information.  Once you've cleared the fraudulent claim, you'll want to contact your credit agency to ensure they are provided with correct and proper documentation.\""}
{"_id": "360609", "title": "", "text": "\"logically, yes. legally, no. any reasonable definition of an \"\"investment\"\" must include some types of gambling and insurance. lottery tickets specifically are really crappy high risk/high return investment.  obviously most people try to avoid investments with a negative average expected future value, but from a purely semantic perspective anything with a potential future value is an investment. conversely, anyone with a gambling problem should not pretend they are not gambling when making focused investments in high volatility stock options. that said, the irs taxes gains and losses differently depending on whether they are classified as \"\"gambling\"\", or just \"\"crappy investing\"\". so you will not be able to deduct your gambling losses from your earned income (unlike investment losses which can be deducted up to 3k$ per year).\""}
{"_id": "360621", "title": "", "text": "\"QUICK ANSWER When it comes to fixed income assets, whether rental real estate or government bonds, it's unusual for highly-leveraged assets to yield less than the same asset unleveraged or lowly-leveraged.  This is especially so in countries where interest costs are tax deductible. If we exclude capital losses (i.e. the property sells in future at a price less than it was purchased) or net rental income that doesn't keep up with maintenance, regulatory, taxation, inflation and / or other costs, there is one primary scenario where higher leverage results in lower yields compared to lower leverage, even if rental income keeps up with non-funding costs.  This occurs when variable rate financing is used and rates substantially increase. EXPLANATION Borrowers and lenders in different countries have different mortgage rate customs.  Some are more likely to have long-term fixed rates; some prefer variable rates; and others are a hybrid, i.e. fixed for a few years and then become variable. If variable rates are used for a mortgage and the reference rates increase substantially, as they did in the US during the 1970s, the borrower can easily become \"\"upside-down,\"\" i.e. owe more on the mortgage than the property is then worth, and have mortgage service costs that exceed the net rental income.  Some of those costs aren't easy to pass along to renters, even when there are periodic lease renewals or base rent increases referencing inflation rates.  Central banks set policies for what would be the lowest short-term rates in a country that has such a bank.  Private sector rates are established broadly by supply and demand for credit and can thus diverge markedly from central bank rates. Over time, the higher finance-carrying-cost-to-net-rental-income ratio should abate as (1) rental market prices change to reflect the costs and (2) the landlord can reinvest his net rental income at a higher rate.  In the short-term though, this can result in the landlord having to \"\"eat\"\" the costs making his yield on his leveraged fixed income asset less than what he would have without leverage, even if the property was later sold at same price regardless of financing method. ========== Interestingly, and on the flip side, this is one of the quirks in finance where an accounting liability can become, at least in part, an economic asset.  If a landlord borrows at a high loan-to-value ratio for a fixed interest rate for the life of the mortgage and rates, variable and fixed, were to increase substantially, the difference between his original rate and the present rates accrues to him. If he's able to sell the property with the loan attached (which is not uncommon for commercial, industrial and sometimes municipal real estate), the buyer will be assuming a liability with a lower carrying cost than his present alternatives and will hence pay a higher price for the property than if it were unleveraged. With long-term rates in many economically advanced countries at historic lows, if a borrower today were to take a long-term fixed rate loan and rates shortly after increased substantially, he may have an instant profit in this scenario even if his property hasn't increased in value.\""}
{"_id": "360628", "title": "", "text": "Determining how much you should budget to spend on any area of your budget is one of those hard topics to find good information about.  Part of the problem is that everyone has different priorities and needs, and incomes and expenses vary greatly depending upon where you live and your career choices. The best thing you can do is track your spending for 1-3 months (you can use the envelope system if you need to, to track and control how much you spend on miscellaneous things like lunches, coffee, etc).  The precision is important, though you probably dont need to measure to the penny, however you should capture all the areas where you spend money (even if you later gather them into more broad areas). Split your spending into three broad areas, and try to limit the spending for each of those areas to the stated percentages (adjust for your preferences). You state net Income $2600, and you stated you have $1731 of known expenses, so you are spending another $870 on groceries, debt payments, restaurants, unplanned expenses, and emergencies. Essentials (50%,$1300) - rent, transportation, food, utilites Total $972+groceries (you probably spend $400-600 on groceries, so your essentials are higher by $100-300 than you can afford.  You should try to cut your electricity usage ($30-50), and you may be able to find cheaper car insurance (save $20). Financial Priorities (30%,$780) - savings, debt payments Total $376, nearly 15% before you pay for credit cards and savings.  Please focus on paying off your debts (credit cards, window loan, student loans).  You are spending almost 10% of your income on student loans, and you cannot afford much other debt. Lifestyle (20%,$520) Total $279, over 10% of your income on communications!  Please try to cut cellphone, and DirectTV costs, at least until you have reduced debt. Since you have internet, your wife could use a voip provider (vonage, ooma telo, etc) or get an ipod touch and use skype or similar, at least until you get out of debt. You might consider trying to find a way to earn extra money, until you have paid off either the loan for windows, your credit card debt, or one of your student loans."}
{"_id": "360629", "title": "", "text": "\"Do I need to pay taxes in India in this scenario? For India tax purposes, you would still qualify as \"\"Resident Indian\"\". As a resident Indian you have to pay taxes on Global income. It is not relevant whether you transfer the money back to India to keep in US. The income is generated and taxable.  Depending on your contract, presumably you are working as a free lance; certain expenses are allowed to be deducted from your income, for example if you purchase equipment to help carry out the work, stay / entertainment costs, etc. Consult a professional CA who should be able to guide you on what is eligible and what is not. The balance along with your other income will be taxed as per tax brackets. There is exemption for certain category of workers, mostly in entertainment industry where such income is not taxable. This does not apply to your case.\""}
{"_id": "360635", "title": "", "text": "I will be messaging you on [**2021-09-15 15:26:20 UTC**](http://www.wolframalpha.com/input/?i=2021-09-15 15:26:20 UTC To Local Time) to remind you of [**this link.**](https://www.reddit.com/r/business/comments/708rox/alphabet_is_reportedly_considering_investing_1/dn1namt)  [**CLICK THIS LINK**](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[https://www.reddit.com/r/business/comments/708rox/alphabet_is_reportedly_considering_investing_1/dn1namt]%0A%0ARemindMe!  4 years) to send a PM to also be reminded and to reduce spam.  ^(Parent commenter can ) [^(delete this message to hide from others.)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Delete Comment&amp;message=Delete! dn1nba9)  _____  |[^(FAQs)](http://np.reddit.com/r/RemindMeBot/comments/24duzp/remindmebot_info/)|[^(Custom)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[LINK INSIDE SQUARE BRACKETS else default to FAQs]%0A%0ANOTE: Don't forget to add the time options after the command.%0A%0ARemindMe!)|[^(Your Reminders)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=List Of Reminders&amp;message=MyReminders!)|[^(Feedback)](http://np.reddit.com/message/compose/?to=RemindMeBotWrangler&amp;subject=Feedback)|[^(Code)](https://github.com/SIlver--/remindmebot-reddit)|[^(Browser Extensions)](https://np.reddit.com/r/RemindMeBot/comments/4kldad/remindmebot_extensions/) |-|-|-|-|-|-|"}
{"_id": "360672", "title": "", "text": "In India, transferring to other banks is available mostly on Internet banking. Some banks are offering Transferring option within the bank in ATMs. You need to visit the bank branch to register and activate this Transfer option for intra-bank accounts."}
{"_id": "360673", "title": "", "text": "So I recently had to help with the installation of 16 televisions and two were defective.  One would not stay powered on for more than a few seconds and the other had a bent frame/bezel.  Have always had good experiences with Samsungs previously but in this instance the bad sets were Sams and the few LGs purchased were flawless (one had questionable CEC support but that was easily resolved with an external IR blinker).  These were all purchased at a local store and while it was inconvenient to make trips back to the retailer and get grilled about the issues, it was resolved more quickly than it ever could have been with an online retailer (and this store was price competitive with Amazon, cheers to you Fry's)."}
{"_id": "360682", "title": "", "text": "If you really want to help your friend buy a house, make a counter-offer to buy the house yourself and lease it to your friend, with the option to buy for original purchase cost, plus all interest paid so far to the bank, plus closing costs and other expenses incurred by you, minus payments made so far by the friend. Otherwise, just no. The other answers already detail why."}
{"_id": "360683", "title": "", "text": "\"Just gonna go out and say right now that I'm running uBlock Origin, PrivacyBadger, and Noscript, and either one of them or some combo of them has resulted in me not seeing an ad for fuck-all in pretty much forever.  The only time I see ads on anything are when I have to play \"\"guess what to unblock\"\" and make a mistake. Frankly, there's pretty much jack shit out there that can hold my interest well enough to make me do that anymore.  Point being, it's far from impossible that OriginalSimba isn't seeing ads.\""}
{"_id": "360688", "title": "", "text": "Your local board of health will have all the guidelines in a neat package for you. Call the country health department for food related business requirements.   Be prepared to fill out a shitload of forms, pay a shitload of fees, and wait a shitload of days for processing.   Also, good luck!"}
{"_id": "360716", "title": "", "text": "\"What you seem to want is a dividend reinvestment plan (DRIP).  That's typically offered by the broker, not by the ETF itself.  Essentially this is a discounted purchase of new shares when you're dividend comes out.  As noted in the answer by JoeTaxpayer, you'll still need to pay tax on the dividend, but that probably won't be a big problem unless you've got a lot of dividends.  You'll pay that out of some other funds when it's due.  All DRIPs (not just for ETFs) have potential to complicate computation of your tax basis for eventual sale, so be aware of that.  It doesn't have to be a show-stopper for you, but it's something to consider before you start.  It's probably less of a problem now than it used to be since brokers now have to report your basis on the 1099-B in the year of sale, reducing your administrative burden (if you trust them to get it right). Here's a list of brokerages that were offering this from a top-of-the-search-list article that I found online: Some brokerages, including TD Ameritrade, Vanguard, Scottrade, Schwab and, to a lesser extent, Etrade, offer ETF DRIPs\u2014no-cost dividend reinvestment programs. This is very helpful for busy clients. Other brokerages, such as Fidelity, leave ETF dividend reinvestment to their clients. Source: http://www.etf.com/sections/blog/23595-your-etf-has-drip-drag.html?nopaging=1 Presumably the list is not constant.  I almost didn't included but I thought the wide availability (at least as of the time of the article's posting) was more interesting than any specific broker on it. You'll want to do some research before you choose a broker to do this.  Compare fees for sure, but also take into account other factors like how soon after the dividend they do the purchase (is it the ex-date, the pay date, or something else?).  A quick search online should net you several decent articles with more information.  I just searched on \"\"ETF DRIP\"\" to check it out.\""}
{"_id": "360722", "title": "", "text": "Sure, people should express dissent, but thoughtful dissent. It only takes a second to think about why your example doesn't hold water. By posting an alarmist unthoughtful comment, you cheapen the discussion and add no value, only noise. It's good to speak up, but think beforehand."}
{"_id": "360723", "title": "", "text": "It sounds like they want to enter you into a contract in which they are allowed to charge a flat fee for filing contingent on money saving results from a tax review service, paid in full. Like those who answered before I have no legal experience.  IRS Circular 230 defines the ethics for tax practitioners and the definition of a tax practitioner is broad enough (effective Aug 2011) to include those who are not EAs, CTRPs, CPAs as long as the person is compensated to prepare or assist in a substantial part of the preparation of a document pertaining to a taxpayer's liability for submission to the IRS. Section 10.27 Fees: (b)(2)A practitioner may charge a contingent  fee for services rendered in connection with the  Service\u2019s examination of, or challenge to \u2014 (i) An original tax return Paragraph c defines what a contingent fee is basically a fee that depends on the specific result attained, in this case saving you money. In the section above  'Service's examination'  is an audit in plain speak.  If your 2013 return has not been submitted and you have not received a written notice for examination, H&R block can not charge a contingent fee, period. Furthermore, H&R Block cannot hold your tax documents, upon your request, they must return all original tax documents like W2s and 1099s ( they don't have to return the tax forms an employee prepared). Like I said above, I'm not a lawyer, unless I missed a key detail, I don't believe they were permitted to charge you a filing fee contingent on saving you money."}
{"_id": "360756", "title": "", "text": "No, do not file a Form 1099.  You should not issue a form to yourself and you have no separate entity to issue one.  The reporting obligation is Form 1040, plus Schedule C. You may have followed a wrong turn somewhere in the TurboTax questionnaire or it may not have picked up the subtleties of your situation.  The business income is already yours. Some writers use vehicles to hold their royalties and pay themselves.  The questionnaire may have been trying to get at this issue or may have wrongly assumed it.  There are special rules around such entities, so getting an adviser is a good idea. For now, just file Schedule C, remember to deduct your costs (e.g. cost to print the books), and pay your self-employment tax."}
{"_id": "360764", "title": "", "text": "A letter of credit is commonly used by importers who want to ensure that their product is shipped before paying the exporter. The exporter has a guarantee that the payment for the goods will be received once the shipment has been made.  It is used to resolve a Game Theory type situation. For example, you are buying a car from China for $40,000 USD. The exporter of the car asks for the money before he will ship the car, but if you give him the money, then he has no incentive (aside from legal pressures) to ship the car. Instead you sign a letter of credit for the transaction, which basically sends your payment to the exporters bank, but puts a hold on it until the exporter proves that he has shipped the car and proved that he has insured the shipment against damages."}
{"_id": "360770", "title": "", "text": "India and the United States have a tax treaty, so if you pay tax in the United States, YOU DO NOT HAVE TO PAY TAX IN INDIA OR VICE VERSA. Your father in law can wire the money back to your US bank account  if you provide him with your routing number and swift code. He might be charged a little fee depending on the amount he is sending(It is usually Rs.1000/-), but once the money comes back it is absolutely tax free. If it is a lot of money, you might get an inquiry, but assuming you have already payed taxes on it, it should reflect on your W2, so you do not have to pay any further taxes. Cheers!"}
{"_id": "360773", "title": "", "text": "Though non-resident Indians (NRIs) earn their living abroad, their obligation to file tax returns in India doesn't end. With the July 31 deadline for filing returns barely a month away, NRIs need to gear up to file their return if they have income in India that exceeds the basic exemption limit. How to Determine tax residency status: An NRI first needs to determine his tax residency status, that is, whether he falls in the category of resident or non-resident Indian (NRI) for tax purposes. While there may be no ambiguity regarding the status of an NRI who has lived abroad for a long time, those who have moved abroad recently or have returned to India after a long stay abroad need to ascertain their residency status properly."}
{"_id": "360811", "title": "", "text": "This is just an addition to base64's answer.  In order to maximize your overall wealth (and wellbeing) in a long run, it is not enough to look only at the expected value (EV). In his example of always keeping $9850 or having $10000 99% of the time, EV in the second case is greater ($9900 > $9850) and if you are Bill Gates than you should not take an insurance in this case. But if your wealth is a lot less than that you should take an insurance. Take a look at Kelly criterion and utility functions. If I offer you to take 100 million dollars (no strings attached) or to take a risk to get 200 million dollars 60% of the time (and $0 40% of the time), would you take that risk? You shouldn't but Bill Gates should take that risk because that would be a very good investment for him. Utility functions can help you choose if you want an insurance or not. Maybe you want to insure your house because the value of the house is a large percentage of your wealth but on the other hand you don't need to insure your car if it is very easy for you to afford another one (but not easy to afford another house). Lets calculate what your wealth should be in order not to take this $150 insurance on a $10000 item. If you pay $150 for an insurance you have guaranteed $9850. But choosing not to take an insurance is the same as betting $9850 in order to gain $150 99% of the time. By using Kelly criterion formula fraction of the wealth needed to make this bet is: [p*(b+1)-1]/b = [0.99*(150/9850+1) -1]/ (150/9850) = 1/3.  That means that if your wealth greater than $29950 you don't need an insurance. But if you want to be sure it is advised to use fractional Kelly betting (for example you could multiply fraction by 1/2) and in that case if your wealth is more than $59900 you don't need an insurance for this item."}
{"_id": "360816", "title": "", "text": "As per JohnFx's comment above, consider whether it's worth more to you to just write this off. If not, if you feel that your son will be able to consider this without taking it personally, or you're willing to risk that relationship, then talk to him about it. Lay out the reasons why you need the money. If there are other children, it might be a simple matter of fairness to them. Based on your idea of deducting the money from his inheritance, I assume that the value you're docking from his inheritance will go somewhere else. Offer alternatives. You say that you can't take any money from him now, but letting him know that he can pay you in the future in lieu of loss of inheritance might be worthwhile. Be prepared with an idea of what to suggest if he says he can pay you some amount of money. Figure out what might be an acceptable payment plan and how to handle it if, at some point, he can't make payments for a time. This is a potentially ugly situation, and I can't guarantee that it will turn out better, but the more you prepare for the questions he's going to ask, the better off you're going to be."}
{"_id": "360858", "title": "", "text": "Well, no, it's not. Government is reactive. We didn't decide to give non-citizens education before there was a class of people living among us who couldn't get an education. We didn't decide to give them drivers licenses before there was a serious issue of unlicensed/uninsured drivers getting in accidents that they could not be held liable for."}
{"_id": "360867", "title": "", "text": "Sounds like you're having cold war flashbacks, though I haven't watched the Olympics for a long time.  Are there any recent cases of Russian athletes being any more genetically manipulated than any other country or USA baseball players and bicyclists?"}
{"_id": "360872", "title": "", "text": "what are my options for raising the funds? Assuming you have decent credit, you can either mortgage your home or apply for a land loan in order to purchase the land. Since both your home and the land have value, either one can act as collateral in case you default on your loan. Land loans tend to have a higher interest rate and down payment, however. This is because banks see land loans as a riskier investment since it's easier for you to walk away from an empty plot of land than your own home."}
{"_id": "360894", "title": "", "text": "I know you don't want to hear this, but your life is anecdotal. What you have lived applies to you and no one else.   It's easy to make decisions based on emotions and your story is an emotional one. But if you read my words and look at my links we are not that far apart.  A single grandmother with a disabled daughter raising her grandson is the definition of moving the process along. You would be hard pressed to find someone in a very poor country that would object to helping that scenario and certainly not in the Western World.  The real question is how did she end up in that situation. Much like the $22 Trillion spent on poverty, the aid she received before you came along did not help her or her daughters. The system in place did not work. The fact that you somehow clawed out of there while people around you were doomed to a much different fate shows that you are the exception to the system helping, not the rule.   Now let's move on to FUCKING SOLUTIONS, no slogans (as you aptly put it).  1.Baltimore has been going down hill for 50 years. What needs to change?  2.Detroit same. What needs to change?  We can agree that trickle down is not the answer (although pure free market would be Fantastic)..."}
{"_id": "360925", "title": "", "text": "With your income so high, your marginal tax rate should be pretty easy to determine.  You are very likely in the 33% tax bracket (married filing jointly income range of $231,450 to $413,350), so your wife's additional income will effectively be taxed at 33% plus 15% for self-employment taxes. Rounding to 50% means you need to withhold $19,000 over the year (or slightly less depending on what business expenses you can deduct). You could use a similar calculation for CA state taxes. You can either just add this gross additional amount to your withholdings, or make an estimated tax payment every quarter.  Any difference will be made up when you file your 2017 taxes. So long as you withhold 100% of your total tax liability from last year, you should not have any underpayment penalties."}
{"_id": "360946", "title": "", "text": "Sometimes the simple ways are the best:"}
{"_id": "360967", "title": "", "text": "That is true but a double major has much more clout than the minor. I only say this because I thought a double major would only be slightly better than a minor in the same subject when I was in undergrad and later found this to be incorrect."}
{"_id": "360973", "title": "", "text": "Go to the states on vacation. Get a virtual (or friend's) address. Get an ITIN from the IRS. Open a bank account. Get a secured credit card on your next trip from Capital One \u2013 add as much money as you can afford. One year later, you should have a decent credit score."}
{"_id": "360983", "title": "", "text": "Well as you can guess economic growth has a positive effect on the economy as a whole and tends to be measured in the change of a countries GDP ([Gross Domestic Product](https://en.wikipedia.org/wiki/Gross_domestic_product))   [Unemployment](https://en.wikipedia.org/wiki/Unemployment) is the rate of people unemployed who should be working currently. High unemployment is bad as it shows there are people who could be making money (who would then spend it thus boosting GDP and inflation) and adding to a countries economy.  [Inflation](https://en.wikipedia.org/wiki/Inflation) is an increase in the price of goods and is measured by a standardized 'basket' of goods. As people spend more and the economy heats up prices rise. You want a low but positive level of inflation, target rate in most developed countries is about 2% per year. At this level demand for goods is high and people are spending but too much higher and prices will pass the level people are willing to pay for the goods and the economy could overheat and have a downturn.  Read the wikipedia articles I linked, they'll help a lot. Feel free to ask any more questions you have!"}
{"_id": "360988", "title": "", "text": "\"It sounded like a loud flapping long wet fart from ageing sagging white buttocks  and amounted to a statement of \"\"Do all to achieve Fuck all\"\" and has started an era of name calling international diplomacy.   The world leaders looked at each other not knowing to wrinkle their nose or clap.  Nethanyahu came up from inside Donald's ass to applauded loudly and vigorously before he went back to mining Israeli virtue in Donald's colon  The Ayatollah decided his knob was shiny enough    The Saudi's decided that perhaps it was time to invite a Pakistani Brigade along with their tactical toys over, they were after all good friends.\""}
{"_id": "360998", "title": "", "text": "&gt;and tobacco ($6-8.50) are quite expensive.  :-/ Tobacco is usually $15-$20 here (for 20-25). Used to be more like $8-$12, before we introduced our incredibly heavy tobacco tax.  Edit: Also, a $11 crate of beer is incredible. You literally cannot buy a six-pack anywhere in this country for that price, barring occasional specials on pisswater."}
{"_id": "361005", "title": "", "text": "As for a formula, there isn't a simple one that you can apply to every type insurance. I'll try my best for a simple answer. Is the event devastating enough to change your lifestyle (looking at life necessities, not wants and nice to haves)? Is the event very likely to happen? Do you have enough emergency funds to cover such an event? Once that emergency fund is utilized, how long does it take you to restore that fund to be ready for the next event? If the event is devastating enough and is very likely to happen and you do not have the cash to cover the event, and/or it would take too long to restore that emergency fund, then it makes sense to consider insurance. Then you would have to examine if the benefit(s) outweight cost of the premium paid for the insurance. If it is pennies of premium for a dollar of benefit, then it makes sense."}
{"_id": "361010", "title": "", "text": "Dollar cost averaging is a method of regularly investing money as it is available.  For example, $100 from each paycheck.  It has been shown to bet better, on average, than collecting the money and investing it all at once.  It is not intended to be used when you have the entire amount up front.  See this link. Dollar cost averaging a lump sum would only be beneficial if the market was just as likely to go up as is to go down.  Since, over time, the market (historically) has always gone up, your best bet is to invest all of your money right away.  Anything else is just trying to time the market."}
{"_id": "361013", "title": "", "text": "The net return reported to you (as a percentage) by a mutual fund is the gross return minus the expense ratio.  So, if the gross return is X% and the expense ratio is Y%, your account will show a return of (X-Y)%.  Be aware that X could be negative too. So, with Y = 1, If X = 10 (as you might get from a stock fund if you believe historical averages will continue), then the net return is 9% and you have lost (Y/X) times 100% = 10% of the gross return. If X = 8 (as you might get from a bond fund if you believe historical averages will continue), then the net return is 7% and you have lost (Y/X) times 100% = 12.5% of the gross return. and so on and so forth.  The numbers used are merely examples of the returns that have been obtained historically, though it is worth emphasizing that 10% is an average return, averaged over many decades, from investments in stocks, and to believe that one will get a 10% return year after year is to mislead oneself very badly. I think the point of the illustrations is that expense ratios are important, and should matter a lot to you, but that their impact is proportionately somewhat less if the gross return  is high, but very significant if the gross return is low, as  in money-market funds.  In fact, some money market funds which  found that X < Y have even foregone charging the expense ratio  fee so as to maintain a fixed $1 per share price.  Personally,  I would need a lot of persuading to invest in even a stock fund with 1% expense ratio."}
{"_id": "361028", "title": "", "text": "I'd like to take a moment to point out:  I cannot find a bank that charges customers with a checking account fees for withdrawing from an atm owned by that same bank. It is a cornerstone of most banks now to encourage online and atm banking. You should definitely research the validity of the claim that you're associate cannot withdraw from their own account through their own bank's atm without fees. A second scenario I can think of, is that this person uses a bank that does not operate in your region.  Then they cannot find an atm owned by their bank.  If this is the case, they should simply go to the bank the check is drawn on, and cash it there.  So far I only know of Chase bank charging non-Chase customers to cash a check drawn on a Chase account (this is a crap policy that makes me hate that bank). **disclaimer - I am not familiar with all banks, but a quick Google search of banks that operate in your region should reveal which ones if any charge their customers for use of their atms.  you may or may not find the check cashing charge policy without attempting to cash the check."}
{"_id": "361037", "title": "", "text": "When you pick a company for your IRA, they should have information about rolling over funds from another IRA or a 401K. They will be able to walk you through the process. There shouldn't be a fee for doing this. They want your money to be invested in their funds. Once your money is in their hands they are able to generate their profits.  You will want to do a direct transfer. Some employers will work with the investment companies and send the funds directly to the IRA. Others will insist on sending a check to you. The company that will have your IRA should give you exact specifications for the check so that you won't have to cash it. The check will be payable to you or the IRA account. The IRA company will have all the details. Decide if you will be converting non-Roth to Roth, before doing the rollover."}
{"_id": "361041", "title": "", "text": "Like how the Great Instagram Purge of 2015 saw large accounts lose millions of followers? Haha. I can only imagine people stopped paying so much for followers after that. I\u2019m not sure what algorithm they use to find fake users but I\u2019m sure it can\u2019t be hard to trick with a bit of randomizing content. I\u2019m sure bringing Instagram to the web didn\u2019t help there either."}
{"_id": "361042", "title": "", "text": "Amazon's online retail end-game is clearly for them to be the platform that all other retailers use to sell goods online, as in Amazon manages the inventory, delivers the goods, collects the payment, takes their cut and gives the rest to the retailer. At a certain point that efficiency gained from managing and delivering inventory directly at such scale will make it literally impossible for anyone to compete without using Amazon's retail services.  UPS/FedEx will not like that new reality where they won't be able to compete with a company delivering their own goods directly from fulfillment centers and I wouldn't be the least bit surprised to see anti-trust/monopoly suits filed."}
{"_id": "361047", "title": "", "text": "I agree, I buy 90% of my stuff on Amazon, but still find reasons to need to go to Home Depot. Pretty much Home Depot and the grocery store are the only two places I shop besides Amazon. I've tried finding what I need on Amazon instead of going to HD but with some things you just can't.   I go to HD a lot with an idea of something I want to create but not knowing exactly what I need to buy. Amazon can't replace that experience...yet."}
{"_id": "361049", "title": "", "text": "I agree with you for the most part, but to add on there is no right to have a Family or get married. You can survive working on subway if you want that to be your job and support yourself. It won't be glamorous but it's possible."}
{"_id": "361069", "title": "", "text": "Happy to help.   I always recommend you try and solve these types of problems by hand over financial calculators so that you can get a feel for how terms in the equation relate to one another. That's important while you're studying/learning.  But for work--by all means you should use the fastest method, which is probably excel."}
{"_id": "361073", "title": "", "text": "\"The whole story of \"\"Pamela Shea\"\" is so light on facts that it makes it hard for me to see what happened to her as example of a problem, let alone a tragedy.  What kind of weird house purchase involves the forfeiture of the down payment in the event you can't get financing?  Yes, there is money you commit when you make an offer on a house that is non-refundable, but it's less than 1% of the value - it's not the \"\"down payment\"\".  And if the life savings of a woman with a \"\"six-figure income\"\" are less than 1% of the cost of the home she's buying, then I'd say she's not ready to buy a home, or she needs to look at less expensive property.\""}
{"_id": "361108", "title": "", "text": "Yea, like others are saying -- it's legitimate.  Just insurance.  In fact, as far as derivatives go -- weather futures are probably one of the least crazy.  FYI, all derivative and exotic securities are legitimate -- just a matter of price.  CDS? Fine.  CDOs? Yep.  Even the CDO^2 -- They're all fine as long as the price is set right.  A truly efficient market would shun some of these as they are too hard to untangle and understand what the real risks are.  However, we don't have a truly efficient market (nor a particularly free one -- but that's another discussion)."}
{"_id": "361109", "title": "", "text": "Did you read the sidebar? I get that you deeply dislike Romney and the Republicans - I can easily see that from your post history. No problem with that, but please don't let /r/politics bleed over. There is a reason why many subs are trying to keep /r/politics-esque submissions out - because they are ummm... not especially objective.  &gt;r/business brings you the best of your business section. From tips for running a business, to pitfalls to avoid, /r/business teaches you the smart moves and helps you dodge the foolish.  &gt;Political submission? use /r/politics  If you are that desperate to debate republicans over the internet, there is surely a different subreddit for that. Although...   &gt;So the republican subreddit /r/business...   That did make me giggle. Now I'm fairly certain that your posts here have been pure trolling."}
{"_id": "361112", "title": "", "text": "Costco is one of my favorite places to shop.  I hardly ever find better prices elsewhere and their return policy is pretty amazing.  That being said, biggest complaint I have are the long ass lines and parking is a nightmare."}
{"_id": "361113", "title": "", "text": "AK Gas and Plumbing is the professional solution to all of your home and commercial maintenance and repair needs. With a guarantee like no other, our Workmanship Guarantee backs all of our work we do in your home or business. You can feel comfortable knowing that each AK Gas and Plumbing plumber is professional and reliable. We are fully licensed and insured. Customer satisfaction is our top priority. If for any reason you are not satisfied with our services, please contact us immediately. AK Gas and Plumbing pledges to you, our customer, to offer the best service that can be provided. Your complete satisfaction with our plumbing repairs and plumbers is 100% guaranteed. Our plumbers are highly trained, experienced and skilled, your needs and expectations are always met and exceeded."}
{"_id": "361114", "title": "", "text": "\"Not at these rates. The motto used to be 3/6/3: \"\"Borrow at 3%, Loan out at 6%, and then be at the golf course by 3pm\"\". So they get 3% on the spread, minus fixed costs. Now, they borrow at near 0% and loan out at slightly above 0%. Those fixed costs starts becoming an issue. It isn't cheap to have all these ATMs, bank branches, tellers, computer systems, etc. Also, a lot of the money cannot be loaned out at all because there are not enough creditworthy borrowers.  You might have recalled a few months ago, several banks started charging for deposits. They don't want more money that will just lay there while they have to pay the costs of maintaining the accounts. Some bank CEOs have stated that they would be better off if the Fed raised rates up to 1%.\""}
{"_id": "361119", "title": "", "text": "\"The absolute worst kind of people, they preach community and help thy neighbor, unless you're not orthodox then you might as well be a shit stain on their driveway.   These people better pay back every penny with interest, not like they're paying normal taxes on the majority of that income. Ya know \"\"religious purposes\"\" and such.\""}
{"_id": "361126", "title": "", "text": "Here is something that should help your decision: Currently you are 57, suppose that means that you will still work for 10 years, and then be retired for another 20 before you sell the house. Your retirement account is nearly flat, so you will have to support yourself with your own income.  If there are no surprises, you and your wife could expect to earn 1.16 million over the  next 10 years. There will be interest on your savings, but also inflation, so to simplify I will ignore both. That means you will have an average of 40k (gross?) per year available to live from during the next 30 years. If you get a mortgage where you only pay nett 3% interest (no payback of the loan), that would cost you 6k per year on interest (based on 350k-150k), if you also want to pay back the 200k difference within 30 years, it would totally be close to 13k in annual interest+payback. Now consider whether you would rather live on 40k per year in your current place, or on a lower amount in a bigger place. Personally I would not choose to make a 200k investment at this point, perhaps after trying to live on a budget for a while. (This has the additional benefit that you can even build some cash reserve before buying anything.)"}
{"_id": "361133", "title": "", "text": "The justification for an act typically comes after the decision is made. People operate under a fairly universal set of instincts and social behaviors, so I think condemning him for this behavior directly is short sighted.   I would ask instead, why do people feel that cheating organizations like target is so emotionally easy? I would wager that burdalane is not the sort of person who would steal his neighbors unlocked bike from his porch or hustle a man for bus fare, so what is different?  We seem, (generally, as a population) to have less emotional investment in strangers than ourselves, even less in people from other cultures, and even less in animals. We will fight hard to save the lives of 5000 of our soldiers, less hard to save a million of their civilions, and we certainly don't give a fuck about taking a bee's honey or killing a chicken and eating it (again, generally).   I would propose that organizations like big box stores fall somewhere between animals and foreign peasants as far as our feelings of responsibility towards them. It is a little more complicated than that because obviously a big box store supports the lives of a certain number of people, but if a big box store were delicious and did not support people I would wager it would not survive for very long.  So the defining difference seems to be whether or not you are a person who makes a rational decision that the store provides more good for your people unmolested or if it is a net harmful force, whether you have strong ingrained emotional belief structures regarding cheating or therft, and whether your rational mind supercedes your emotional decision making (mine rarely does, though I try).  A person who thinks that they do more harm to the population than good even with a strong sense of the wrongness of stealing might steal from the store even though they would never steal from another person. They would be completely morally justified in this act.  Similarly, a person who thinks that the store does more good than harm, and does not steal from the store regardless of whether or not they think stealing is wrong would also be morally just in their actions.   A person who thinks they do no harm to the community but has no negative emotional connection to the act of theft might steal from both the store and their neighbor. They would obviously not be justified.  A person with a strong sense of the wrongness of stealing which supercedes their rational decision regarding the value of a big box store will not steal, but they may not be morally justified in the decision, depending on their rational take.  I think I fall into the first category. I think it is wrong not to do harm to an organization like target when it is possible to do so, yet I generally don't go about this by stealing because getting caught would be much worse than whatever harm I could do by jacking a few dollars worth of merchandise. This offer allowed a means of theft without getting caught, and had I been aware of it I probably would have availed myself of it.  As it stands I just work extremely hard in the field of biochemistry with the hopes that one day I will contribute to technologies which will allow humans to live and thrive without having to buy food, clothes, medicine, or shit from target."}
{"_id": "361163", "title": "", "text": "The sentiment is because between closing and opening a lot can happen, and between opening and the time your order actually goes through, even more can happen.  An after-hours trade has an extra amount of short-term risk attached; the price of a stock at the opening bell is technically the same as its price as of the closing the previous trading day, but within a tenth of a second, which is forever in a computerized exchange, that price may move drastically one way or the other, based on news and on other markets. The sentiment, therefore, is simple; if you're trading after-hours, you're trading risky. You're not trading based on what the market's actually doing, you're trading based on what you think the market will do in the morning, and there's still more math going on every second in the privately-held supercomputers in rented cubes in the NYSE basement than you could do all night, digesting this news and projecting what it's going to do to the stocks. Now, if you've done your homework and the stock looks like a good long-term buy, with or without any after-hours news, then place the order at 3 in the morning; who cares what the stock's gonna do at the opening bell. You're gonna hold that stock for the next ten years, maybe; what it does in 5 seconds of opening turmoil is relatively minor compared to the monthly trends that you should be worrying about."}
{"_id": "361172", "title": "", "text": "Not anytime soon, I suspect, but not necessarily for financial reasons. I found this interesting, including the link to the five tests, but I think that this topic is only partially judged through financial eyes, there's a lot of political issues around this with national identity/immigration issues already in the spot light as well as political aspirations. If there will be a call in the near future to join the Euro, how would that reflect on the financial industry in the UK from a PR perspective? and on the political leadership and how it managed the financial crisis?  I believe that it is in the interest of all the people in the high positions to show the country getting back on track rather than making ground shaking moves. But what do I know....:-)"}
{"_id": "361177", "title": "", "text": "\"I would argue that we went from slavery to other forms of slavery, not a \"\"free\"\" society. Slavery still exists, and is even sanctioned by the government in some places (prison industrial complex, prisoners who cannot vote being \"\"forced\"\" to work for 13 cents an hour).  Of course I don't think society will always stay the same, but I don't think that we can create enough new jobs to balance those being lost to automation and technological advancement (productivity/efficiency increase).  Perhaps one day, we won't need to balance those losses, but today, in current times, unemployment is a huge problem with very few simple solutions.  I just want to say that I am enjoying the discussion.\""}
{"_id": "361180", "title": "", "text": "\"Neither is synonymous with \"\"the American Dream\"\" -- self employment is not necessary to achieve it.  &gt;The\u00a0American Dream\u00a0is a national\u00a0ethos\u00a0of the\u00a0United States, the set of ideals (democracy, rights, liberty, opportunity and equality) in which freedom includes the opportunity for prosperity and success, as well as an upward\u00a0social mobility\u00a0for the family and children, achieved through hard work in a society with few barriers.\""}
{"_id": "361182", "title": "", "text": "Take the emotion out of your argument.  Why wouldn't they support this change?  It doesn't hurt them at all, and could potentially help their bottom line.  And by spearheading it for all retailers they make sure that they are all on the same playing field."}
{"_id": "361191", "title": "", "text": "Saying that tighter gun laws is the same as taking away your guns is the same as saying that tighter drunk driving laws is taking away your right to drive. It's the kind of rhetoric that shows you are unwilling to be reasonable.  I like this speech [from Obama](https://www.pbs.org/newshour/show/obama-to-gun-owners-im-not-looking-to-disarm-you) on the topic.  &gt;First of all, the notion that I or Hillary or Democrats or whoever you want to choose are hell-bent on taking away folks\u2019 guns is just not true.  &gt;And I don\u2019t care how many times the NRA says it. I\u2019m about to leave office. There have been more guns sold since I have been president than just about any time in U.S. history. There are enough guns for every man, woman and child in this country.  &gt;And at no point have I ever, ever proposed confiscating guns from responsible gun owners. So it\u2019s just not true."}
{"_id": "361205", "title": "", "text": "Start with your local police department then move on to these sites. Fill out the United States Postal Service fraud complaint form  http://ehome.uspis.gov/fcsexternal/ Contact your State Attorneys General. Your state Attorney General or local office of consumer protection is also listed in the government pages of your telephone book Write to the Federal Trade Commission: spam@uce.gov If you are aware of a securities (e.g., stocks) scam, insider trading, etc., you will want to contact the SEC (Securities and Exchange Commission). http://www.consumerfraudreporting.org/SEC.php"}
{"_id": "361208", "title": "", "text": "\"how many of those Indians were immigrants as opposed to born in the USA?  there are tough restrictions for anyone to move from India to USA - only college graduated, high earning people can go to USA to work.  the other groups might have born there and that's why they bring down the \"\"college-educated\"\" statistics.\""}
{"_id": "361209", "title": "", "text": "Sears has been around for over a century with little impact to local Main Streets.  Their stores aren't in every community like Targets or Walmarts, and they don't attempt to be a one-stop shop for all your needs.  Sears isn't a threat to mom and pop shops... and that's probably part of why they're struggling while other big box retailers are not."}
{"_id": "361238", "title": "", "text": "Yes  You could write a covered call and the stock gets called away at the price + premium.  You could convince someone to buy it regardless of the market price."}
{"_id": "361256", "title": "", "text": "&gt;Certainly part of the blame goes to America's pop culture. Dolla dolla bills, ya'll.  How about both generations have major entitlement issues? I am pissed at the baby boomers for their greed, but my generation is at least as bad. Maybe worse, but where did we get that attitude from? One narcissistic generation breeds another."}
{"_id": "361263", "title": "", "text": "\"Cosigning is explicitly a promise that you will make the payments if the primary signer can not. Don't do it unless you are able to handle the cost and trust the other party will \"\"make you whole\"\" when they can... which means don't do it for anyone you would not lend your money to, since it comes out to about the same level of risk. Having agreed, you're sorta stuck with your ex-friend's problem. I recommend talking to a lawyer about the safest way get out of this. It isn't clear you can even sue the ex-friend at this point.\""}
{"_id": "361265", "title": "", "text": "&gt; Only a Sith Deals in Absolutes  I feel that it's a huge problem wherever you go. Nobody wants to take the middle road. I feel that the reduction in fertilizer and pesticides must also might be good for the pocketbook as well.   I'm one of those that took chemistry, and know that chemicals are chemicals, natural or factory-made."}
{"_id": "361279", "title": "", "text": "France is one country where cheques are common. More an more people are using credit cards for typical store payments and wire transfers are slowly gaining traction. There are several cases where cheques come handy: Sure, all these cases could ultimately be resolved with a wire transfer. Sometimes it is just simpler/faster to mail a piece of paper. This said, I believe than in 1\u00e0 years from now even France will go cheque-less."}
{"_id": "361314", "title": "", "text": "\"I am surprised at the amount of work this contract wants done.  I'd question if it's even legal given the high costs.  I suspect it's only there to remind abusive tenants of responsibilities they already have in law for extraordinary abuse beyond ordinary wear-and-tear: they are already on the hook to repaint if they trash the paint (think: child writing on walls, happens a lot), and already need to fumigate (and a lot more) if they are a filth-type hoarder who brings in a serious infestation (happens a lot).  The landlord can already go after these people for additional money beyond the deposit.   But that's not you.  So don't freak out about those clauses, until you talk to the landlord and see what he's really after.  Almost certainly, he really wants a \"\"fit and ready to rent\"\" unit upon your departure, so he doesn't have to take the unit off the market for months fixing it.  As long as that's done, there's no reasonable reason for further work -- a decent landlord wouldn't require that.  Nor would a court, IMO.  The trouble with living in a place for awhile is you become blind to its deficiencies.  What's more, it's rather difficult to \"\"size up\"\" a unit as ready when it's still occupied by your stuff.  A unit will look rather different when reduced to a bare room, without furniture and whatnot distracting you.  Add to it a dose of vanity and it becomes hard to convince yourself of defects others will easily see.  So, tread carefully here.  If push comes to shove, first stop is whether it's even legal.   Cities and states with heavy tenant populations tend to have much more detailed laws, and as a rule, they favor the tenant.   Right off the bat, in most states the tenant is not responsible for ordinary wear-and-tear.  In my opinion, 6 years of ordinary, exempt wear would justify a repaint, so that shouldn't be on the tenant at all.  As for the fumigation, I'm not in Florida so I don't know the deal, maybe there's some special environmental issue there which somehow makes that reasonable, it sure wouldn't fly in CA.  Again that assumes you're a reasonable prudent tenant, not a slob or hoarder.  As for the pro carpet cleaning, that's par for the course in any of the tough rent control areas I've seen, so that's gotten a pass from the legislators.  Though $600 seems awfully high.  Other than that, you can argue the terms are \"\"unconscionable\"\" -- too much of a raw deal to even be fair.  However, this will depend on the opinion of a judge. Hit or miss.  I'm hoping your landlord will be happy to negotiate based on the good condition of the unit (which he may not know; landlords rarely visit tenant units unless they really need to.) You certainly should make the case that you make here; that the work is not really needed and it's prohibitive.  Your best defense against unconscionable deals is don't sign them.  Remember, you didn't know the guy when you initially signed... the now-objectionable language should have been a big red flag back then, saying this guy is epic evil, run screaming. (even if that turned out not to be true, you should't have hung around to find out.)  You may have gotten lucky this time, but don't make that mistake again.  Unless one of the above pans out, though... a deal is a deal.  You gave your word.  The powerful act here is to keep your word.  Forgive me for getting ontological, but successful people say it creates success for them.  And here's the thing. You have to read your contracts because you can't keep your word if you don't know what word you gave.  It's a common mistake: thinking good business is trust, hope, faith, submission or giving your all.  No.   In business, you take the time to hammer out mutually beneficial (win-win) agreements, and you set them on paper to eliminate confusion, argument and stress in the future as memories fade and conditions change.  That conflict resolution is how business partners remain friends, or at least professional colleagues.\""}
{"_id": "361329", "title": "", "text": "The Money Girl (Quick and Dirty Tips for a richer life) Podcast is a pretty good source for this type of information. Some Recent Topics:"}
{"_id": "361341", "title": "", "text": "Essentially speaking, when you purchase goods worth $100 using your card, the store has to pay about $2 for the transaction to the company that operates that stores' credit card terminal.  If you withdraw cash from an ATM, you might be charged a fee for such a transaction. However, the ATM operator doesn't pay the credit processor such a transaction fee - thus, it is classified as a cash transaction.  Additionally, performing cash advances off a CC is a rather good indicator of a bad financial health of the user, which increase the risk of default, and in some institutions is a factor contributing to their internal creditworthiness assessment."}
{"_id": "361345", "title": "", "text": "Short answer is to put the max 15% contribution into your ESPP. Long answer is that since you want to be saving as much as you can anyway, this is a great way to force you to do it, and pick up at least a 15% return every six months (or however often your plan makes a purchase). I say at least because sometimes an ESPP will give you the lower of the beginning or end period stock price, and then a 15% discount off of that (but check the details of your plan). If you feel like your company's stock is a good long term investment, then hold onto the shares when purchased. Otherwise sell as soon as you get them, and bank that 15% return."}
{"_id": "361375", "title": "", "text": "I vaguely recall a rare helpful employee telling me that, after a ridiculous amount of phone calls.  I thoroughly appreciated that person's helpfulness.    However, I gave my laptop to Best Buy (I had purchased their service agreement), and even if the third party bungled things, it's BB's job to make sure things are ok/to their agreement.  Their employees/management should not be lying sacks of uselessness."}
{"_id": "361383", "title": "", "text": "Consider trying a broker that offers free trading. Robinhood is one such broker."}
{"_id": "361393", "title": "", "text": "Time takes its toll on everything, particularly on your body. Whether you like it or not, time will come when your body will no longer function as well as it did in your youth, and tell-tale signs of aging will show. Your skin, in particular, could be the best reminder that time is catching up, as sags and wrinkles start to appear."}
{"_id": "361402", "title": "", "text": "Google is like a kid with a ray gun.  it is fun but I ain't going to hand him my keys to go get me a six pack.  anything that requires a personal touch is doa at Google.  they're all social retards."}
{"_id": "361415", "title": "", "text": "\"The FTB, as any government agency, is understaffed and underpaid. Even if someone took a glance and it wasn't just an automated letter - consider the situation: you filed as a LLC and then amended to file as a partnership. Unless someone really pays attention - the obvious assumption would be that you had a limited partnership. Yes, you'll need to call them and work with them on fixing this. They do have all the statements you've attached. However, there's a lot of automation and very little attention to details when it comes to matching errors, so don't get surprised if no-one even looked at these statements. Next time your elected government officials talk about \"\"small government\"\" and \"\"cutting government expenses\"\" - you can remind yourself how it looks in action with this experience.\""}
{"_id": "361442", "title": "", "text": "From my Capital Markets and Institutions assignment on 2007 - 2008 Financial Crisis   The subprime financial crisis that emerged in the summer of 2007 is much too intricate and interwoven to place the blame solely on one organisation or group of individuals.  Each actor involved is responsible for and party to\u2014in varying degrees\u2014the events that transpired.  Mortgage brokers (individuals)  \u2022 First line of contact between an originator and a borrower \u2022 Out to get theirs; greedy \u2022 Disregard for borrowers, only want to originate as many mortgages as possible \u2022 Engaged in controversial practices \u2013 confusing, pressuring, lying to borrowers in order to secure a mortgage \u2022 Took advantage of 2/28 mortgages in order to collect new origination fees \u2022 Offered piggyback mortgages requiring no money down  Mortgage originators (organisations)  \u2022 Began lending to subprime borrowers during the 1990s \u2013 done through brokers to whom they paid a commission \u2022 Largely supplanted loans made by the FHA through traditional lenders \u2022 Many originators acquired by large investment banks \u2022 Cashed in on and espoused the \u201cAmerican dream\u201d of home ownership \u2022 Different interest rates charged to borrowers \u2022 Use of statistical software and credit scores to evaluate borrowers \u2022 Popularised 2/28 mortgages \u2022 Allowed borrowers to take out mortgages with little or no documentation \u2022 Rapidly increased $ amount of mortgages issued \u2022 In charge of servicing mortgages issued \u2013 making reasonable efforts to collect principal and interest, able to foreclose on properties when delinquent \u2022 Profited from massive fees (late and other) added when loans were delinquent \u2022 First firms to suffer from the increase in foreclosures  Investment banks  \u2022 Often acquired mortgage originators to gain yet another revenue stream \u2022 Responsible for creating CDO entities, often registered in tax havens \u2022 CDOs took on large positions in MBSs and created subordinate obligations, also CDOs \u2022 CDO entities held assets of other CDOs, creating a complex interwoven situation \u2022 CDOs were also involved with positions in other securities \u2022 IB-controlled hedge funds often hedged risks through buying highly-rated MBSs \u2022 CDOs holding long-term debt were funded through the short-term commercial paper market \u2013 high ratings secured through IB lines of credit \u2022 Also pioneered SIVs \u2013 relied on highly-rated CP market; lines of credit combined with investor equity allowed IBs to keep SIVs off B/S \u2022 IBs heavily invested in MBSs/CDOs began to run into liquidity problems \u2022 Required capital investment to remain operational \u2013 often found abroad (e.g. Abu Dhabi, Chinese, Singaporean governments) \u2022 Largely responsible for the monetary policy pursued by the Fed during 2007/2008 \u2022 Conduct raised questions as to the regulation of the entire financial industry \u2022 Contrast with their responsibility for much innovation and engineering in the financial services industry  Credit ratings agencies  \u2022 Party to major conflicts of interest \u2022 Overwhelmingly gave AAA ratings to MBSs \u2022 Agencies loosened their rating criteria and perhaps over-rated MBSs in an effort to gain more business from originators \u2022 Agencies also rated the debt of institutions that held positions in MBSs \u2022 CDOs holding MBSs obtained high ratings as well \u2013 statistical models used indicated them to be safe \u2022 Based high ratings in the commercial paper market on IB lines of credit \u2013 obliged the IBs in order to gain more business \u2022 Agency downgrades of MBSs/CDOs resulted in large IB losses, setting in motion further developments \u2022 Ratings became less useful as the MBS market froze up, with even AAA-rated MBSs struggling to find a market \u2022 Previously championed as an alternative to government intervention in the market \u2022 Role of ratings agencies heavily questioned in aftermath \u2022 Also questioned was how ratings in general should be used \u2022 RAs deflected claims that they acted irresponsibly during the subprime boom \u2022 Criticised for the large proportion of AAA-ratings given to MBSs o Argued that historical defaults on MBSs were lower than similar corporate bonds \u2022 Conflicts inherent in having issuers pay for ratings o Committees that assigned ratings were separate from negotiations regarding fees \u2022 Emphasized benefits of giving all investors free access to ratings rather than them paying for them \u2022 Wave of downgrades in 2nd half of 2007 a result of unexpectedly poor performance of subprime mortgages originated in 2006 o Attributed to: laxer underwriting standards, declines in housing prices, more restrictive borrowing standards that prevented borrowers from refinancing  Investors  \u2022 Backbone of many institutions \u2013 shareholders \u2022 Owned stock in IBs and GSEs, two major players in subprime crisis \u2022 Driving force behind institutions taking on riskier investments (e.g. MBSs) \u2022 Unwilling to inject more capital/equity into firms required them to turn elsewhere for aid \u2022 Worries that the crisis could spread to other markets (e.g. credit cards) added to worries \u2022 Grouped with IBs in being seen as responsible for the crisis o US government would not allow higher sale price for Bear Stearns to avoid appearance of bailing out investors"}
{"_id": "361448", "title": "", "text": "Imagine that your normal mode of using credit gets you a score of X. As time goes by your score trends upward if the positive items (length of credit) outweigh your negative items. But there are no big increases or decrease in your score. Then you make a one time change to how you use credit. If this is a event that helps your score, there will be a increase in your score. If it is bad thing your score will drop. But if you go back to your standard method of operating your score will drift back to the previous range. Getting a car loan for a few months to get a bump in your credit score, will not sustain your score at the new level indefinitely. Overtime the impact will lessen, and the score will return your your normal range. Spending money on the loan just to buy a temporary higher credit score is throwing away money."}
{"_id": "361471", "title": "", "text": "For now Amazon is cool. It's trendy, innovative, smart, convenient, market competitive insert positive note after positive note. For now, Amazon is a trendy super power. Our society that places such a heavy importance on STEM (nothing wrong with that at all) swoons over there grocery ads where people walk into grocery stores and walk out. Oh  Amazon has such a cool factor to it that for now people don't realize how powerful they are getting. The markets they are in, the markets they have plans for. Strangely I don't see Amazon losing their cool factor soon, but they will when people wake up.   We wonder why 6 companies control the media, just a few control everything in the grocery store. 30 years from now, Amazon will be the subject of some tell all uncovering documentary wondering how it all happened."}
{"_id": "361475", "title": "", "text": "Atm machine and my Credit Union account. Low fees (often zero, if the machine is on any of the same networks) and decent exchange rate, and no need to carry cash or traveler's checks to be exchanged. Alternatively, pay by credit card, though there is a foreign transaction fee on that."}
{"_id": "361482", "title": "", "text": "Stock awards by employers are treated and taxed as salary. I.e.: you pay ordinary rate income tax, FICA taxes, State taxes etc. The fact that you got your salary in shares and not cash is irrelevant for tax purposes. Once you got the shares and paid your taxes on them, the treatment is the same as if you got the salary and immediately bought the shares. Holding period for capital gains tax purposes starts at the time you paid your taxes on the award, which is the time at which you get full ownership (i.e.: vesting time, for the restricted stocks). When you sell these stocks - you treat the sale as any other stock sale: you check the holding period for capital gains tax rates, and you do not pay (or get refund) any FICA taxes on the sales transaction. So bottom line: You got $10K salary and you bought $10K worth of company stock, and you sold it at $8K half a year later. You have $10K wages income and $2K short term capital loss."}
{"_id": "361486", "title": "", "text": "\"I must be part of the lower class then, for I will never have enough resources to incur such taxes.  I receive so little (despite making two to three times my salary for my employer) that I qualify for many low-income services.  From here, even your \"\"upper middle class\"\" are moneyed elite.  Any fault in how I sound can be attributed to my lack of skill in expression.  After being soundly beaten by the *tetsubo* of a malformed labor market (wielded by an invisible hand, no less) I know intimately its every spike and rivet.\""}
{"_id": "361507", "title": "", "text": "The tax cost at election should be zero.  The appreciation is all capital gain beyond your basis, which will be the value at election. IRC \u00a783 applies to property received as compensation for services, where the property is still subject to a substantial risk of forfeiture.  It will catch unvested equity given to employees. \u00a783(a) stops taxation until the substantial risk of forfeiture abates (i.e. no tax until stock vests) since the item is revocable and not yet truly income.  \u00a783(b) allows the taxpayer to make a quick election (up to 30 days after transfer - firm deadline!) to waive the substantial risk of forfeiture (e.g. treat shares as vested today). The normal operation of \u00a783 takes over after election and the taxable income is generally the value of the vested property minus the price paid for it.  If you paid fair market value today, then the difference is zero and your income from the shares is zero. The shares are now yours for tax purposes, though not for legal purposes.  That means they are most likely a capital asset in your hands, like other stocks you own or trade.  The shares will not be treated as compensation income on vesting, and vesting is not a tax matter for elected shares. If you sell them, you get capital gain (with tax dependent on your holding period) over a basis equal to FMV at the election.  The appreciation past election-FMV will be capital gain, rather than ordinary income.  This is why the \u00a783(b) election is so valuable.  It does not matter at this point whether you bought the restricted shares at FMV or at discount (or received them free) - that only affects the taxes upon \u00a783(b) election."}
{"_id": "361509", "title": "", "text": "\"if you have 401k with an employer already, has the following features: Your contributions are taxed That's only true if you're a high income earner. https://www.irs.gov/retirement-plans/2017-ira-deduction-limits-effect-of-modified-agi-on-deduction-if-you-are-covered-by-a-retirement-plan-at-work For example, married filing jointly allows full deduction up to $99,000 even if you have a 401(k). \"\"the timing is just different\"\" And that's a good thing, since if your retirement tax rate is less than your current tax rate, you'll pay less tax on that money.\""}
{"_id": "361510", "title": "", "text": "If your employer offers a 401k retirement plan then you can contribute a portion of your salary to your retirement and that will lower your effective income to remain in the 15% bracket (although as others have pointed out, only the dollars that exceed the 15% bracket will be taxed at the higher rate anyway). AND if your employer offers any kind of 401k matching contribution, that's effectively a pay-raise or 100% return on investment (depending on how you prefer to look at it)."}
{"_id": "361511", "title": "", "text": "I have encoded videos that we watch via Apple TV XBMC on our overpriced Sony Bravia LCD in one room and a cheap Acer LCD in another. They look amazingly different on these two screens. Same movie, same playback unit, same HDMI connection, different TVs.  The Sony presents a smooth display with few artifacts. Good motion, clean image on pause, etc. The Acer displays tons of MPEG encoding artifacts, palletized chunks in what should be smooth gradients, visible in motion as well as paused.  I'm just saying that there is a different in what you get when you pay more."}
{"_id": "361514", "title": "", "text": "Never borrow money to get a tax deduction. Even 18 months interest free is a stupid risk to save a few $ in taxes (we're talking $1K or less in tax savings from what I can tell in your questions)."}
{"_id": "361521", "title": "", "text": "Fast food doesn't have to be shitty.  Five Guys is a great example of a good, fast, cheap burger.  Same goes for local favorite [Whataburger](http://www.qsrmagazine.com/qsr-50/whataburger-way)  Burger King and Wendy's see market share eroding and assume they have a marketing problem, which makes me want to ask the executive team-- have you tried the food lately?  Nobody eats at BK because their food tastes like shit.  Meanwhile, their [inexperienced CEO](http://investor.bk.com/burgerking/web/conteudo_en.asp?idioma=1&amp;conta=44&amp;tipo=43568) (35 year old PE guy (!)) is focused on [cost cutting] (http://www.businessweek.com/articles/2014-07-24/burger-kings-ceo-daniel-schwartz-is-33-years-old).  What a joke.  What BK needs is a complete menu overhaul-- higher quality beef, fresh ingredients, nothing frozen, yadda yadda.  But short term, that sort of thing looks bad on the income statement.  Which kind of makes me wonder why they bothered going private in the first place.  Poster child for management gone wrong."}
{"_id": "361547", "title": "", "text": "this seems like a bad idea.  Example: You want to sell. He doesn't.  But he doesn't have enough money to buy you out. What will you do? You might want to sell because you need money, you have to move, you want to get married, you want to start a new business, etc. You two are not equals (you need a place to live), so this is unlikely to work."}
{"_id": "361552", "title": "", "text": "If iban and name don't match. This shud have been refunded. Logic says so. Otherwise they just ask for iban without other details if they won't be considered"}
{"_id": "361563", "title": "", "text": "Considering the Americans Funded him, trained him, gave birth to his murderous ideology and were great friends with him and gave him his entire Modus operandi , but could not stop him from flying two air liners into the world trade center in the Heart of America, living quietly in a nice mountain city near the Military Academy seems tame, the Pentagon/HQ is in the Capital, and there is probably a great deal more to this story, that asshole is probably in witness protection somewhere enjoying gin tonics in a free condo  Ever wonder how a Math Teacher went into AbuGhraib and three months later comes out as a Terrorist master mind with weapons, vehicles, money and contacts to control a complete brand new terrorist network called ISIS or ISIL?"}
{"_id": "361580", "title": "", "text": "Puerto Rico: Last I checked, the Puerto Rico banking system wasn't materially different than working within the US - though some Continental US banks exclude US Territories like Guam and Puerto Rico or charge more when dealing with them. I'm not certain as to why. However, most banks don't see them any differently than a regular US bank.  Regarding Wire Transfers (WT): $35 for an ad-hoc WT within the US and Puerto Rico is for the most part average. Wires cost money for the convenience of quick clearing and guaranteed funds. If you have a business/commercial account where you are doing this regularly and paying a monthly fee for a WT service, $10 - $15 each may be expected. I had a business account with US Bank where I paid $15 a month for a WT transfer service and reoccurring template (always went to the same account - AMEX in this case) and the transfers were only $15 each. But, a WT as a general rule, especially when it's only a once a month thing from a personal account, will cost around $25 - $35 in the US and Puerto Rico. As others have said, you can simply mail a personal check just as you would in the US. Many people choose to use Money Orders for Puerto Rico as they can be cashed at the post office (I believe there is an amount limit though). ACH: If you want even easier, I would use ACH. Banks in Puerto Rico use this ACH (Automatic Clearing House) system as we do in the Continental US. It will take a little longer than WT, but as you said - this is fine. Not all US Banks offer free ACH, but a number of them do. Last I checked, Citibank and USAA where among them. Banks like, BAC charges a small fee. Much smaller than a WT! This post may be useful to you: What's the difference between wire transfer and ACH?"}
{"_id": "361585", "title": "", "text": "\"Plenty of links around, under the \"\"monetization\"\" heading. However my understand came from a local app developer who's done a number of presentations. He's been tweaking and trying to find new ways to develop his now quite successful app, with the aim of earning enough that he doesn't have to work doing databases.  What he found was that ranking in app searches was dependent on downloads, and revenues (paid or ads) were dependent on total installs. Therefore if you go the paid app way, you don't get the downloads to get placement on search returns, so you don't get downloads - a negative spiral. In addition it's another barrier to get your potential user over. Thus you want free as the initial price.  You can try the freemium route - but it really depends on continued usage rate. If people are to buy it in-app, then then need to regularly use it (and it has to be designed this way). But if you do this, you can get regular ad revenue as well - it might not be much, but it adds up.  Hence his statement was to design to have high value ads built in to the way the app works, and allow people to also pay to get rid, or add new functionality.\""}
{"_id": "361590", "title": "", "text": "This point stands. It's an accurate description.   However, for clarity, they're not skimming money off your order in the traditional sense. They see your order, beat you to the punch, and place their own. They then sell it back to you at a higher price. Think brute force for the stock market."}
{"_id": "361592", "title": "", "text": "\"In the US, the \"\"first class forever\"\" postage stamps.  The post office has never lowered the cost of a stamp, but has raise it several times recently.  Given that the gov't has bailed out everyone else, I believe it is a safe bet that they would bail out the post office if it financially fell apart. And you can always use them to send a letter. They aren't very liquid, and it would probably be difficult to invest in them in large quantities.  Although, when the post office does raise rates, you could sell yours off on ebay or something.\""}
{"_id": "361602", "title": "", "text": "There is no inheritance tax on federal level there may be a tax at the state level. Inheritance taxes are different from estate taxes which effect the money that you would be inheriting before you receive it."}
{"_id": "361609", "title": "", "text": "Worst case they'll be able to throw a ton of capital towards mining and start grabbing money that's currently going to other people. They see a stream of revenue and work towards capturing as much of it as possible. It's as reliable as gravity. Plan accordingly."}
{"_id": "361611", "title": "", "text": "Relative to salaries?  I don't think so. I suspect food quality (and thus how much we spend on it) has, however increased. Certainly,. things like mutton that were byproducts of other processes are almost never seen these days."}
{"_id": "361617", "title": "", "text": "Yes, of course.  My point is there are lots of different ways this could be funded.  For instance, one of the doctors complained that insurance only paid him $100 for a one-hour exam, but it costs him $300/hour to operate his office - so he quit taking insurance.  He said single payer is the way to go.  But what if single payer also only pays him $100 for the exam?  Then it's probably not so great.   If single payer pays him $300, but it requires a 20% payroll tax to fund the system, would that be great?    (I am not questioning a single payer system.  I am only questioning the lack of information in endorsing a single payer sysetm.)"}
{"_id": "361623", "title": "", "text": "\"The most important thing is not to tell yourself \"\"I'll save more later in my career when I have more disposable income,\"\" because of two factors. 1) You will get raises over your career, but unless you make it big, it will never really feel like you have extra money. You may double or triple your salary over a career, but it usually happens in small increments which your lifestyle tends to adjust upwards to meet even though it doesn't feel like it. 2) Later in your career you may have more money to save, but now the commodity you have is time. Your total savings at retirement are going to be influenced in a massive way by both of these factors. A good strategy is save SOMETHING early in your career even if it feels like an insignificant amount. Then save larger amounts later in your career when you are earning more, but have less time for your investments to grow and less tolerance for high risk/high growth investments.\""}
{"_id": "361630", "title": "", "text": "I worked at Sears then commission only while in college. Taught me how to sell and I actually made decent money.  I see no problem with that in high ticket electronics sales as long as the business model supports it. Clearly the model didn't at Sears, CC, or HH Gregg"}
{"_id": "361637", "title": "", "text": "\"Your views are quite obvious.  The facts are that Netflix was one of the leaders in the \"\"fight\"\" and have since taken a step back for business reasons.  I supported this with sources.  You criticize my claim without source and don't even refute my claim in the first place.\""}
{"_id": "361639", "title": "", "text": "Nice idea. When I started my IRAs, I considered this as well, and the answer from the broker was that this was not permitted. And, aside from transfers from other IRAs or retirement accounts, you can't 'deposit' shares to the IRA, only cash."}
{"_id": "361646", "title": "", "text": "\"I'm sorry you are going through this, but what you are dealing with is exactly is how cosigning works.  It is among other reasons why you should never cosign a loan for someone unless you are 100% prepared to pay the loan on their behalf. Unfortunately, the main \"\"benefit\"\" to cosigning a loan is to the bank - they don't care who makes payments, only that someone does. It is not in their interest to educate purchasers who can easily get themselves into the situation you are in. What your options are depends a fair bit on the type of loan it is. The biggest problem is that normally as cosigner you cannot force your friend to do anything. If it is for a car, your best bet is to convince them to sell the car and hopefully recoup more than the cost of the loan. Many workplaces have some sort of free service to provide counseling/guidance on this sort of thing. Look into your employee benefits as you may have some free services there. You can sue your friend in small claims court, but keep in mind: It also depends on how big the loan is relative to your income. While it might feel good to sue your friend in small claims court, if it's for $500 it probably isn't worthwhile - but if your friend just stopped paying off their $30k vehicle assuming you will pay for it, even though they can pay for it themselves?\""}
{"_id": "361687", "title": "", "text": "Don't let the tail of credit score wag the dog of prudent financial planning. If you have a sufficient emergency fund in addition to the car cost, then buying the car for cash is to my mind a better plan. But if the car purchase would deplete your emergency fund, then I'd go for the loan. Cash in hand gives you optionality that can be very valuable when things go wrong. And credit will be withdrawn at exactly the most painful moment."}
{"_id": "361689", "title": "", "text": "There are checks, international wire transfers (SWIFT), depending on country pair remittance services."}
{"_id": "361692", "title": "", "text": "You're focusing on the wrong thing here. You should be paying off debt, not borrowing.  Thus your credit score is of almost no relevance.  There is no lasting effect from credit utilization, one cycle after you have everything paid off it's going to have the same credit score no matter what order you pay them off in. I would look at which of the first three has the highest interest rate and pay it off first.  You can pay any of them off in one month so whichever you pick you get one card down to $0 and restore it's grace period.  After that, sort them by interest rate."}
{"_id": "361698", "title": "", "text": "Short-term,  getting a balance transfer will help. It'll reduce the interest you pay. You can also reduce the interest you pay on your cars if you are able to consolidate your debt into a personal loan. To your question about debt consolidation companies, as far as I know, that's all they do.  However, long-term, there's only two ways to stay on top of debt: increase your income, or reduce your spending.  Basically, if you can't or won't get a raise or a job that pays more (or a second job), you need to cut back on your spending.  You might need to do something radical, like move somewhere with cheaper rent (as long as increased travel costs doesn't offset the saving). But you'll be much better off in the long run if you step back and take a look at your situation now, and make adjustments accordingly."}
{"_id": "361717", "title": "", "text": "First off, this is a post for /r/personalfinance.   Second off, if you want to think of this like an accountant/financier, those are the bank's 10233 dollars, not your's, and you are paying them 6% to keep that money. If you are confident that you are going to make more than 6% interest on any investments you make with that money, it makes sense to do so, although your return will be 6% less in reality. You also assume the risk of losing money on the investment and not having enough money to repay your loans.             tl;dr Pay off the loan."}
{"_id": "361740", "title": "", "text": "Jeopardy style:  The occupation of most legislators prior to being elected  What is lawyers?   So the folks that set up the system that so greatly benefits lawyers were lawyers.   There's a great line from the movie Barbarians at the Gate that is quite fitting for these times  &gt;The only thing I want from a banker is a calendar and the only thing I want from a lawyer is for them to be back in their coffin before the sun comes up."}
{"_id": "361741", "title": "", "text": "\"There are many paths to success, but they all begin with education. You made the first big step just by visiting here. We have 17,000 questions, arranged by tag so you can view those on a given topic. You can sort by votes to see the ones that have the best member acceptance.  I'll agree with Ben that one of the best ones is \"\"The correct order of investing.\"\" We both offered answers there, and that helps address a big chunk of your issue.  The book recommendations are fine, you'll quickly find that each author has his/her own slant or focus on a certain approach. For example, one financial celebrity (note - in the US, there are private advisors, usually with credentials of some sort, there are those who work for brokers and also offers help, there are financial bloggers (I am one), and there are those who are on the radio or TV who may or may not have any credentials) suggests that credit cards are to be avoided. The line in another answer here, \"\"You're not going to get rich earning 1% on a credit card,\"\" is a direct quote of one such celebrity. I disputed that in my post \"\"I got rich on credit card points!\"\" The article is nearly 2 years old, the account accumulating the rewards has recently passed $34,000. This sum of money is more wealth than 81% of people in the world have.  The article was a bit tongue in cheek (sarcastic) but it made a point. A young person should get a credit card, a good one, with no fee, and generous rewards. Use the card to buy only what you can pay back that month. At year end, I can download all my spending. The use of the card helps, not hinders, the budgeting process, and provides a bit of safety with its guarantees and theft protection.  Your question really has multiple facets. If these answers aren't helpful enough, I suggest you ask a new question, but focus on one narrow issue. \"\"Paying off debt\"\" \"\"Getting organized\"\" \"\"Saving\"\" \"\"Budgeting\"\" all seem to be part of your one question here.\""}
{"_id": "361742", "title": "", "text": "\"Ben is 100% correct.  The question is how the police and even army are managed.  In Chicago, the police is useless and crime is rampant.  Police, Defense (Army) and health care not \"\"rights\"\", but a service provided by your government.  It's all about how it's implemented.  Obamacare is a disaster, unaffordeable, and soon not available because of all the insurance companies who quite supporting it or want to quit.  Trump is not against national health care system. He just want to / have to / no choice but to fix the mess created by Obama.  Let's wait and see what his fixes are all about.\""}
{"_id": "361775", "title": "", "text": "i don't understand why people try to do this as a living. the people bulge brackets hired to do prop trading with the best equipment, capital, technology still has a hard time trading. Oh and they are smarter than you will ever be with . And they have been learning on the job for years"}
{"_id": "361778", "title": "", "text": "I assume you mean Stock Mutual funds.  2008 wasn't that long ago. Down 37%. 07/08 combined were down 34%, or 07/09 down 20%.  The point of the long term is that over time, a decade will almost ensure a positive return.  2 years is too short, in my opinion."}
{"_id": "361783", "title": "", "text": "\"Of course there can always be _some_ ways you can integrate some amounts of social responsibility into product, but I don't think that's the point he's making. Social responsibility would be called \"\"business best practice\"\" if it improved the bottom line. It is inevitable that there are times when social responsibility and business goals diverge, and at that point given two companies that are in the same market space, the one who bets against society will win. This is the sort of thing that _must_ be handled in law, and absolutely cannot be handled by allowing the free market to work because the free market will not discover ethics, it will discover that ethics don't matter in an environment that doesn't require them.    It's the reason any claim that business does best when there are no regulations is absolutely false. If a company can make more by polluting and you don't have regulation that says clearly \"\"it may cost more, but we require you to compete by also being non-pollutiong\"\", then you should expect the market to converge on pollution as \"\"best practice\"\".  Removing regulation won't allow business to sort this out, it will allow business to not care that they are polluting.  There is the notion of a B-corp that is organized for the purpose of trying to be good guys without being sued. but it doesn't assure that they will have a fair stake int he market.  It just allows them to fail without getting sued by stock holders.  Basically if everyone is not required to be that level of good guy, though, B-corps are basically indulging unilateral disarmament. Sure, they can make a case that ethics matter, and that might work, but they don't need B-corp protection for that. If making the case that ethics matter was going to win in the market, any corporation could do it.  For more thoughts, so I don't have to drone on here, see my articles [Fiduciary Duty vs. The Three Laws of Robotics](http://netsettlement.blogspot.com/2009/02/fiduciary-duty-vs-three-laws-of-robotics.html) and [Losing the War in a Quiet Room](http://netsettlement.blogspot.com/2012/01/losing-war-in-quiet-room.html).\""}
{"_id": "361821", "title": "", "text": "If the child is a dependent the question is moot. It is accepted that the parent will pay for some, most, or all of the tuition. There is no tax issue for a current student. The payment of tuition helps them qualify as a dependent. There is no need to transfer the money to the child's account; it can be sent directly to the school. If the money is to be used in the future there are accounts such as 529s pre-paid accounts, and Coverdell savings accounts that can be used. All have pluses and minuses, all can impact taxes, and all can impact financial aid calculations."}
{"_id": "361832", "title": "", "text": "I say again, more than a trillion dollars in student loan debt represents tremendous leverage if people in debt would form a consumer group and threaten to withhold payments until Congress retroactively gives them a much lower interest rate and brings back the ability to get out from under huge debt via bankruptcy, just like corporations do."}
{"_id": "361836", "title": "", "text": "You could conceivably open a few accounts.  For example, a bank account and a credit card account.  Then the accounts will be older when evaluated for credit when you return.  This would look better than opening fresh accounts later.  But don't expect a big difference in score.  And you'll be stuck with those accounts in the future, otherwise you lose the benefit.  I wouldn't worry about maintaining balances now.  You can wait until you come back.  Occasional purchases may be helpful.   What they really want to see is a regular and sustained use of accounts without missing payments or overextending.  But if you're not going to be here, you can't really do that.  Note that good credit scores are based on seven years of data, preferably a lot of it.  Opening a few accounts can't substitute for that, even if you put balances on them.   If you're not here, you won't be paying rent or utilities.  You won't have a proven payment history on the most common accounts.   If money were no object, you could do something like purchase a house or condo that you could rent out, utilities included.  That would build up a payment history.  But if money were no object, you probably wouldn't be worried about your credit score.  It's more practical to just live normally and be sure that you always live within your means so that you don't experience negative credit events.   You might think about why you want a good credit score.  Is it to borrow a lot of money?  You might be able to spend money to achieve that.  Is it to save money on future borrowing?  If it costs money now, how much will you save total?   Opening accounts now that you won't really use until you return is about the only thing that you can do that won't cost you money.  Perhaps put a balance on the bank account--at least you'll get that money back some day.  Maintaining a balance on the credit cards would cost you money in interest charges, and you don't really benefit from an improved credit score until you use your credit.  So the interest fees aren't really buying you anything."}
{"_id": "361843", "title": "", "text": "A company generally sells a portion of its ownership in an IPO, with  existing investors retaining some ownership.  In your example, they believe that the entire company is worth $25MM, so in order to raise $3MM it is issuing stock representing 12% of the ownership stake (3/25), which dilutes some or all of the existing stockholders' claims."}
{"_id": "361845", "title": "", "text": "Of course they did, this whole administration is basically a con to get as much money as possible before either they're caught or quit, but it's ok because surely all that cash is gonna trickle down to me. At least I was told that by the grand ol' party."}
{"_id": "361858", "title": "", "text": "\"I've never heard of rent quoted per week. Are you in the US?  In general, after the down payment, one would hope to take the rent, and be able to pay the mortgage, tax, insurance, and then have enough left each year to at least have a bit of emergency money for repairs. If one can start by actually pocketing more than this each year, that's ideal, but to start with a rental, and only make money \"\"after taxes\"\" is cutting it too close in my opinion. The 19 to 1 \"\"P/E\"\" appears too high, when I followed such things I recall 12 or under being the target. Of course rates were higher, and that number rises with very low rates.  In your example, a $320K mortgage at 4% is $1527/mo. $400/wk does not cut it.\""}
{"_id": "361864", "title": "", "text": "\"&gt; Bernie wasn't even accountable to his own donors, that's why they're suing him ;)   Haha silly boy... lame joke, but donors are suing the DNC, not Bernie.    &gt;The only solution is for the government to stop inserting itself between people and Healthcare. Only then with direct pricing, lower barriers to entry, private charity and consumer choice can we lower costs. Cartels only exist because of state mandated regulation, patent law and government mandated Healthcare.   You have been sold the \"\"freedom\"\" pill by corporations that want their Ayn Rand puppets in the Republican party to do exactly what you are proposing. How will consumer choice improve if you let health insurance companies set their own rules? how will you lower barriers to entry when behemoths like Aetna and co. can come in and swallow up competitors whole? where are the private charities that help poor black kids in forgotten areas? (unless you think they are sub-human and don't deserve any help). How can we keep corporations accountable when we let their cartels, monopolies, and oligopolies do what they please with our lives? You live in a fantasy world where all of a sudden Jonny Schmoe Insurance will swoop in and create more affordable choices for all. You are deluded if you think this is how the real world works.     Cartels exist because if you don't put up barriers to profit seekers, they will seek to accumulate more and more, and they will seek to consolidate more and more power and market share. Government officials are simply a commodity they have to buy, or else consumers/communities might actually organize and have a voice against their rapacious quest for MOAR. Without that representative \"\"public servant\"\", they could give three shits about appeasing anybody but their shareholders. It is the wet dream of assholes like Trump and his tea party Ayn Rand sociopaths.\""}
{"_id": "361884", "title": "", "text": "FTSE is an index catering to the London stock exchange. It is a  Capitalization-Weighted Index  of 100 companies listed on the London Stock Exchange with the highest market capitalization . When somebody says FTSE closed at 6440, it basically means at the end of the day, the index calculated using the day end market capitalization of the companies, included in the index, is 6440."}
{"_id": "361889", "title": "", "text": "He can send you a check. This will move the burden of GBP->USD conversion to him (unless the GBP amount is preset, then you'll be the one to pay for conversion either way). You can then deposit the USD check in any Israeli bank (they'll charge commission for the deposit and the USD->ILS conversion). Another, and from my experience significantly cheaper, option would be to wire transfer directly to your account. If you have a USD account and he'll transfer USD out - it will be almost at no cost to you, if you don't have a USD account check with your bank how to open it, or pay for USD->ILS conversion."}
{"_id": "361890", "title": "", "text": "It looks like a coin toss. What you have isn't bad at all.  If you have enough free time with your $50k job to do extra stuff on the side, you can use that time to build a business.  You're obviously a go-getter type, so this might suit you. Which job is closer to your calling?  All other things being equal, the more fulfilling job should win, no?"}
{"_id": "361905", "title": "", "text": "If You use the car regulary, I don't think that driving on the bald tires for 3 years is a reasonable option. Have You considered buying used tires? Those will be cheaper and will last till You get to replace the car."}
{"_id": "361908", "title": "", "text": "I prefer TaxAct. I find it simpler to use and more helpful in helping answer the questionnaire. I have a fairly complex tax return and it handles it just fine."}
{"_id": "361917", "title": "", "text": "As it is international debits, this will take a while. BofA is right, You have to dispute this with Card Issuer, i.e. HDFC. The worst case for me was around 1 month. Keep chasing and sending out reminders every 3-4 days."}
{"_id": "361929", "title": "", "text": "Yes it is viable but uncommon. As with everything to do with investment, you have to know what you are doing and must have a plan. I have been successful with long term trading of CFDs for about 4 years now. It is true that the cost of financing to hold positions long term cuts into profits but so do the spreads when you trade frequently. What I have found works well for me is maintaining a portfolio that is low volatility, (e.g. picking a mix of positions that are negatively correlated) has a good sharpe ratio, sound fundamentals (i.e. co-integrated assets - or at least fairly stable correlations) then leveraging a modest amount."}
{"_id": "361933", "title": "", "text": "Anyone dissing America needs to realize how many people would kill for citizenship here. We have our flaws, like any other place on earth, but we are and always will be the land of the free and the home of the brave. As a woman, I've dealt with the last strands of sexism in this country and as a young adult I've dealt with the shitty hand my generation was dealt as far as housing and education but I wouldn't give my birthright up for anything. All I have to say is, we still run the world and however fucked our government is right now, we will ALWAYS learn and grow and prosper.   If you don't appreciate all that America is , GET OUT!"}
{"_id": "361945", "title": "", "text": "I just returned from overseas and for the most part it isn't TSA thats the worst part its the other parts that get added on. In comparison if I fly through to another country in Europe my items are checked through, I'll wait 15 minutes to get my passport stamped and stand in line for my plane. If you land in America from international you have to wait through customs (I just waited 1.5 hours but I know thats not standard) then I had to get my bags and recheck them through the airline, and finally I had to go through security yet again except this time instead of having to take things out of my pockets I had to remove my shoes, take everything out of my pockets and then get a complete body scan (not sure how I feel about those yet though I know many on here hate them)   It really is just more inconvenient and seemingly unnecessary"}
{"_id": "361954", "title": "", "text": "Everyone pays their personal income tax with funds from their employer;  some of it through withholding, and the rest through the balance due at the time of filing. All that is happening here is that the company is calculating  your personal tax return for you, and fiddling retroactively with the gross salary to yield a specific after-tax salary. One problem is that there is a lot of information I put in my return to earn deductions, that I would not care to tell my employer.   The system would also appear to be contrary to public policy.  Governments create tax deductions to give a larger income to those with socially acceptable expenses:  health care, dependents,  etc.  The system you describe would give employees with such deductions a lower gross salary."}
{"_id": "361965", "title": "", "text": "\"AFAIK they use entirely different LTE frequencies in Japan and the US, hence the issues with the \"\"new iPad\"\" being LTE in the States but not here.    Additionally, there are still Japanese manufacturers who are big brands in the Japanese market, but more or less unheard of overseas.  So there's likely to be relatively limited scope for economies of scale regarding handsets.  Sure, with a limited number of handsets (e.g. the iPhone) you may be able to place a larger order, but when was the last time you heard of a network operator dictating terms to Apple?  That's why only Softbank had the iPhone at launch, because they were the only one willing to cede to Apple's high pricing demands.    And that's before you even get into language related issues.  As far as LTE equipment goes, it depends on suppliers and whether the practicalities of ordering equipment for two very different territories, thousands of miles apart, with very different geography will bear a lot of fruit.  As for people traveling between Japan and the States, its such a tiny proportion of customers, it would barely make a dent.  And most corporate customers historically favor DoCoMo anyway and given Japanese business culture are unlikely to change any time soon.  In a nutshell, the synergies may not be as strong as it first seems.\""}
{"_id": "361968", "title": "", "text": "Retail is not in crisis... In fact it in in a reinvention stage.  You see the problem Sears is facing, and Wal-Mart will face is the fact that the digital transformation is proving to be a jobs engine therefore meaning it will not stop.  Additionally you have the problem of selection... Wal-Mart, Sears, KMart all use to work for busy busy Americans in a up swinging economy.  Quick one stop shops that were often much cheaper then their local counter parts.  This was achieved by using the same model that is now completely obsolete.  That model paired large broad selection spanning multiple departments and categories.  This model could never afford to display a full variety of products in any one category so it choose a selection of strong selling brands.  It was all mass appeal.  Today more and more consumers want a bigger selection, nicer cutting edge products, and knowledge.  Additionally they want speed and convenience.  Nothing about this describes a Wal-Mart which are usually located in-between residential areas, as opposed to strip malls which have crept into many suburban areas.  Same with Sears.  Malls scream traffic and time, and are usually located far away from main street and my street.    Want a true prediction.  The death of Sears is followed by a rapid decline in Wal-Mart as Kroger overtakes Wal-Mart in reach and scale.  LIDL grows across the landscape capitalizing on excess retail space.  Amazon splits into two; with grocery/pharmacy being a major piece of a new company and they continue to streamline your grocery visit.  And last but not least, main street thrives.  With The big department stores disappearing, their competition will fill the void.  Best part of this scenario is the result in the economic market."}
{"_id": "361971", "title": "", "text": "Out of curiosity what do you like about buying shoes online other than the convenience  of not having to go to store?   I personally can't get into the habit of buying clothes and especially shoes without trying them on. Usually end up trying on 5+ shoes before I find the one that feels the best."}
{"_id": "361974", "title": "", "text": "\"First off, leaving money in a 529 account is not that bad, since you may always change the beneficiary to most any blood relative.  So if you have leftovers, you don't HAVE to pay the 10% penalty if you have a grandchild, for instance, that can use it.  But if you would rather have the money out, then you need a strategy to get it out that is tax efficient. My prescription for managing a situation like this is not to pay directly out of the 529 account, but instead calculate your cost of education up-front and withdraw that money at the beginning of the school year.  You can keep it in a separate account, but that's not necessary.  The amount you withdraw should be equal to what the education costs, which may be estimated by taking the budget that the school publishes minus grants and scholarships.  You should have all of those numbers before the first day of school.  This is amount $X. During the year, write all the checks out of your regular account.  At the end of the school year, you should expect to have no money left in the account.  I presume that the budget is exactly what you will spend.  If not, you might need to make a few adjustments, but this answer will presume you spend exactly $X during the fall and the spring of the next year. In order to get more out of the 529 without paying penalties, you are allowed to remove money without penalty, but having the gains taxed ($y + $z).  You have the choice of having the 529 funds directed to the educational institution, the student, or yourself.  If you direct the funds to the student, the gains portion would be taxed at the student's rate.  Everyone's tax situation is different, and of course there is a linkage between the parent's taxes and student's taxes, but it may be efficient to have the 529 funds directed to the student.  For instance, if the student doesn't have much income, they might not even be required to file income tax.  If that's the case, they may be able to remove an amount, $y, from the 529 account and still not need to file.  For instance, let's say the student has no unearned income, and the gains in the 529 account were 50%.  The student could get a check for $2,000, $1,000 would be gains, but that low amount may mean the student was not required to file. Or if it's more important to get more money out of the account, the student could remove the total amount of the grants plus scholarships ($y + $z).  No penalty would be due, just the taxes on the gains.  And at the student's tax rate (generally, but check your own situation). Finally, if you really want the money out of the account, you could remove a check ($y + $z + $p).  You'd pay tax on the gains of the sum, but penalty of 10% only on the $p portion. This answer does not include the math that goes along with securing some tax credits, so if those credits still are around as you're working through this, consider this article (which requires site sign-up).  In part, this article says: How much to withdraw -    ... For most parents, it will be 100% of the beneficiary\u2019s qualified higher education expenses paid this year\u2014tuition, fees, books, supplies, equipment, and room and board\u2014less $4,000. The $4,000 is redirected to the American Opportunity Tax Credit (AOTC),... When to withdraw it -    Take withdrawals in the same calendar year that the qualified expenses were paid. .... Designating the distributee -    Since it is usually best that the Form 1099-Q be issued to the beneficiary, and show the beneficiary\u2019s social security number, I prefer to use either option (2) or (3) [ (2) a check made out to the account beneficiary, or (3) a check made out to the educational institution] What about scholarships? -    The 10 percent penalty on a non-qualified distribution from a 529 plan is waived when the excess distribution can be attributed to tax-free scholarships. While there is no direct guidance from the IRS, many tax experts believe the distribution and the scholarship do not have to match up in the same calendar year when applying the penalty waiver. If you're curious about timing (taking non-penalty grants and scholarship money out), there is this link, which says you \"\"probably\"\" are allowed to accumulate grants and scholarship totals, for tax purposes, over multiple years.\""}
{"_id": "361976", "title": "", "text": "I love technical analysis, and use candlesticks as part of my technical analysis system for trading mutual funds in my 401K. However, I would never use a candlestick chart on its own.  I use combination of candlesticks, 2 different EMAs, MACD, bollinger bands, RSI and hand drawn trend lines that I constantly tweak.  That's about as much data input as I can handle, but it is possible to graph it all at once and see it at a glance if you have the right trading platform. My approach is very personal, not very aggressive, and took me years to develop. But it's fairly effective - 90% + of my trades are winners. The big advantage of technical analysis is that it forces you to create repeatable rules around which you base your trading.  A lot of the time I have little attention at all on what fund I am trading or why it is doing well in that particular market condition. It's basically irrelevant as the technical system tells when to buy and sell, and stops you trying to second guess whether housing, chemicals, gold or asian tigers are is doing well right now. If you don't keep to your own rules, you have only yourself to blame. This keeps you from blaming the market, which is completely out of your control. I explain many of my trades with anotated graphs at http://neurotrade.blogspot.com/"}
{"_id": "361978", "title": "", "text": "I know that there are a lot service on the internet helping to form an LLC online with a fee around $49. Is it neccessarry to pay them to have an LLC or I can do that myself? No, you can do it yourself. The $49 is for your convenience, but there's nothing they can do that you wouldn't be able to do on your own. What I need to know and what I need to do before forming an LLC? You need to know that LLC is a legal structure that is designed to provide legal protections. As such, it is prudent to talk to a legal adviser, i.e.: a Virginia-licensed attorney. Is it possible if I hire some employees who living in India? Is the salary for my employees a expense? Do I need to claim this expense? This, I guess, is entirely unrelated to your questions about LLC. Yes, it is possible. The salary you pay your employees is your expense. You need to claim it, otherwise you'd be inflating your earnings which in certain circumstances may constitute fraud. What I need to do to protect my company? For physical protection, you'd probably hire a security guard. If you're talking about legal protections, then again - talk to a lawyer. What can I do to reduce taxes? Vote for a politician that promises to reduce taxes. Most of them never deliver though. Otherwise you can do what everyone else is doing - tax planning. That is - plan ahead your expenses, time your invoices and utilize tax deferral programs etc. Talk to your tax adviser, who should be a EA or a CPA licensed in Virginia. What I need to know after forming an LLC? You'll need to learn what are the filing requirements in your State (annual reports, tax reports, business taxes, sales taxes, payroll taxes, etc). Most are the same for same proprietors and LLCs, so you probably will not be adding to much extra red-tape. Your attorney and tax adviser will help you with this, but you can also research yourself on the Virginia department of corporations/State department (whichever deals with LLCs)."}
{"_id": "361989", "title": "", "text": "That is telling about our financial system. I suppose a lot of the derivative stuff is due to functional debt? However lets leave this for now.   What I am getting at is that how can there be a way for rich people to be richer than they where supposed to, if we know where all the money is."}
{"_id": "362026", "title": "", "text": "Right it's less or a headache but they still pay more to use the staffing agency overall than they would doing it themselves, benefits or not. Staffing agencies wouldn't be able to make money if that weren't true.  Generally if you are making about $10 an hour the factory is actually paying like $13 hour to the staffing agency.   They mostly just do it so it's super easy to get rid of you with no hastle, if they don't like you. The staffing agencies just places you somewhere else."}
{"_id": "362035", "title": "", "text": "My experience (from European countries, but not Portugal specifically) is that it's better to change in the European country, as many banks will give you US $ as a matter of course, while in the US (insular place that it is), it can be rather difficult to find a place to exchange money outside an international airport.  In fact, I have a few hundred Euros left from my last trip, several years ago.  Expected to make another trip which didn't come off, and haven't found a place to exchange them. PS: Just for information's sake, at the time I was working in Europe, and found that by far the easiest way to transfer part of my salary back home was to get $100 bills from my European bank.  Another way was to withdraw money from an ATM, as the US & European banks were on the same network.  Unfortunately the IRS put a stop to that, though I don't know if it was all banks, or just the particular one I was using.  Might be worth checking, though."}
{"_id": "362037", "title": "", "text": "\"what are the incentives to that person to actually pay off his/her debt as opposed to just walking away from it and relying on the cash (s)he has for the future spending needs as opposed to borrowing Well, you can't just \"\"walk away\"\" from debt - you still owe it. Eventually your creditors would end up suing you in court for the money, plus interest owed.  I suppose you could try to continually duck the authorities, but you'd still owe the money legally.\""}
{"_id": "362049", "title": "", "text": "On the US markets, most index options are European style.  Most stock and ETF options are, as you noted, American style."}
{"_id": "362060", "title": "", "text": "I am not an accountant, but I have a light accounting background, despite being primarily an engineer.  I also have a tiny schedule C business which has both better and worse years.  I am also in the United States and pay US taxes.  I assume you are referring to the US Form 1040 tax return, with the attached Schedule C.  However little I know about US taxes, I know nothing about foreign taxes. You are a cash-basis taxpayer, so the transactions that happen in each tax year are based on the cash paid and cash received in that year.  You were paid last year, you computed your schedule C based on last year's actual transactions, and you paid taxes on that income. You can not recompute last years schedule C based on the warranty claim. You might want to switch to an accrual accounting method, where you can book allowances for warranty claims.  It is more complex, and if your business is spotty and low volume, it may be more trouble than it is worth. At this point, you have two months to look for ways to shift expenses into next year or being income into this year, both of which help offset this loss. Perhaps a really aggressive accountant would advise otherwise (and remember, I am not an accountant), but I would take the lumps and move on. This article on LegalZoom (link here) discusses how to apply a significant net operating loss (NOL) in this year to the previous two years, and potentially carry it forward to the next two years.  This does involve filing amended returns for the prior two years, showing this year's NOL.  For this to be relevant, your schedule C loss this year must exceed your other W2 and self-employment income this year, with other tests also applied. Perhaps a really aggressive accountant would advise otherwise (and remember, I am not an accountant), but I would take the lumps and move on."}
{"_id": "362066", "title": "", "text": "\"You are not allowed to take a retirement account and move it into the beneficiary's name, an inherited IRA is titled as \"\"Deceased Name for the benefit of Beneficiary name\"\". Breaking the correct titling makes the entire account non-retirement and tax is due on the funds that were not yet taxed. If I am mistaken and titling remained correct, RMDs are not avoidable, they are taken based on your Wife's life expectancy from a table in Pub 590, and the divisor is reduced by one each year.  Page 86 is \"\"table 1\"\" and provides the divisor to use. For example, at age 50, your wife's divisor is 34.2 (or 2.924%). Each year it decrements by 1, you do not go back to the table each year. It sounds like the seller's recommendation bordered on misconduct, and the firm behind him can be made to release you from this and refund the likely high fees he took from you. Without more details, it's tough to say. I wish you well. The only beneficiary that just takes possession into his/her own account is the surviving spouse. Others have to do what I first described.\""}
{"_id": "362069", "title": "", "text": "\"The short answer is yes you can, but you have to make sure you do it correctly.  If you are employed by a tech company that does contract work at a separate location and you don't get reimbursed by your employer for travel expenses, you can claim the mileage between your home and location B as a business expense, but there's a catch - you have to subtract the mileage between your home and location A (your employer). So if it's 20 miles from your house to your employer (location A), and 30 miles from your house to the business you're contracting at (location B), you can only claim 10 miles each way (so 20 miles total). Obviously if the distance to location B is closer than your employer (location A), you're out of luck. You will have to itemize to take this deduction, by filling out a Schedule A for itemized deductions and Form 2106 to calculate how much of a deduction for travel expenses you can take. Google \"\"should i itemize\"\", if you're unsure whether to take the Standard Deduction or Itemize. Sources:\""}
{"_id": "362076", "title": "", "text": "Will the taxpayers be given a refund on their tax bills if this deal goesn't through?  What else will the tax dollars be spent on ?  The reality is, either the state can invest in things that create jobs, or they can spend on things that create nothing."}
{"_id": "362098", "title": "", "text": "Best buy also has free delivery on most TVs that include a basic setup and haul away on a tv if you want it. It depends store to store if they will price match to online sites though they normally add in the shipping cost to the match if there is any shipping fee."}
{"_id": "362100", "title": "", "text": "Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [\u0422\u041e\u041f 5 \u041f\u0420\u041e\u0415\u041a\u0422\u041e\u0412, \u041a\u041e\u0422\u041e\u0420\u042b\u0415 \u041f\u041b\u0410\u0422\u042f\u0422! \u041b\u0423\u0427\u0428\u0418\u0415 \u0425\u0410\u0419\u041f\u042b \u0418\u044e\u043b\u044c 2017!!!\u0422\u043e\u043f\u043e\u0432\u044b\u0435 \u0421\u0430\u0439\u0442\u044b \u0411\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u0432! \u041c\u0430\u0439\u043d\u0438\u043d\u0433\u0438](https://youtu.be/row8EN9U-4k)|\u0412\u0435\u043a\u0442\u043e\u0440 \u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442|2017-07-14|0:03:51|0+ (0%)|2  &gt; \u00a6 \u0421\u0441\u044b\u043b\u043a\u0438 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u0438 \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445: | Restartmoney:...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=dk79ilh\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v1.1.3b"}
{"_id": "362102", "title": "", "text": "First is storage which is a big and a detrimental headache. Security is another big headache. Investing in precious metal has always been an investment opportunity in the countries in the east i.e. India and China because of cultural reason and due to absence of investment opportunities for the less fortunate ones. It isn't the case so in the West. Secondly what is the right an opportune moment is open to question. When the worlwide economy is up and running, that is probably the time to buy i.e. people would like to put money in use rather than store. The saying goes the other way when the economy is stagnating. Then there is also the case of waiting out the bad periods to sell your gold and silver. If you do want to buy precious metals then use a service like BullionVault, rather than doing those yourself. It takes care of the 2 big headaches, I mentioned earlier."}
{"_id": "362109", "title": "", "text": "Per the Washington Post, [here](http://www.washingtonpost.com/wp-dyn/content/article/2010/12/25/AR2010122502600.html):    *The BPP's inflation measure is markedly different from the government's. The economists average all the prices culled online, meaning the basket of goods is whatever you can buy on the Web. (Some items, like books, are most often bought online. Others, like cats, are not.) Plus, the researchers do not weight certain items' prices, even if they tend to make up a larger proportion of household spending.*  *Still, thus far, the BPP has tracked the CPI closely.*"}
{"_id": "362117", "title": "", "text": "Hopefully they'll put in some kind of online ordering and curbside pickup because all the Whole Foods stores around here have ridiculously small parking lots.     Plus all the spaces are painted in extra small.    Avoid unless you're driving an old banger that you don't mind some nutter scraping the side of with their SUV."}
{"_id": "362142", "title": "", "text": "Not surprised.  This is on the back of several news stories of UK Businesses' complaints about the company. The now infamous stories of how a business was overwhelmed by customers, how the deal was poorly structured, and the most damage revelation that there is rarely an increase in business post-deal."}
{"_id": "362147", "title": "", "text": "I'm sure the people at *The Weinstein Company* had absolutely no idea, and had never heard rumors, that he used his position to take advantage of women sexually.  /s  Hollywood is a chatty Kathy industry.  There's a 0.00% chance the higher ups at his company didn't know what he did on his casting couch.  So, I'm not sure what good it does for an organization that almost assuredly turned a blind eye has fired the man the turned a blind eye towards."}
{"_id": "362153", "title": "", "text": "in the time of pregnancy, we have to be careful about mother and newborn baby. All related information like what should a pregnant woman not eat, pregnancy tracker, calculator etc. you will find at our website."}
{"_id": "362163", "title": "", "text": "Well, yes, it's just an observation.  But I travel 100 days per year or so and for years I was saving money and staying in awesome places in many different countries.  Now when I go on airbnb prices I just don't see the value anymore."}
{"_id": "362173", "title": "", "text": "Well-defined definitions of a successful tax plan and its likely outcomes. Concrete, simple tax brackets. Hard numbers with real world value, not rhetorical promises washed through special interest groups and lobbyists. Well done.  There's no way the current administration will do anything remotely this intelligent."}
{"_id": "362182", "title": "", "text": "\"As others have pointed out, the theoretical prices in each exchange rate are identical. However, the cost to you may vary. You need to work out the \"\"opportunity cost\"\" of using each of the three currencies, because you lose money every time you convert between two currencies. Let's supposed for example that you live in Canada and earn and spend CAD there, but also happen to have some HKD. To keep this simple I'll ignore the USD, but you can apply the same reasoning to that. If you're not planning on visiting Hong Kong for a while, then your holdings of HKD are just gathering dust, so your choices are to convert them to CAD and make the GBP purchase in CAD, or to spend the HKD directly on the GBP purchase. Probably the first option will end up costing you more in conversion fees than the second, but you need to look at the precise costs to verify this. If you are planning on visiting Hong Kong soon and will need the HKD, then the choices are somewhat different. You can either spend CAD on the GBP purchase, or you can spend the HKD on the GBP purchase and then soon convert some CAD into more HKD for your trip. In this case the first option will probably end up costing you less in conversion fees.\""}
{"_id": "362186", "title": "", "text": "&gt; Ok, I see your sarcasm, but what specifically did the executives do to cause the scandal?  You should read this:  https://www.vanityfair.com/news/2017/05/wells-fargo-corporate-culture-fraud  And this:  http://fortune.com/2016/10/12/wells-fargo-fake-accounts-scandal/   And watch this sack of shit who walked away with a $133M payday testifying before Congress:  https://www.youtube.com/watch?v=xJhkX74D10M  If you're sincere, it's hard for me to believe that these things won't change your mind.  If I'm wrong, there's not much point in continuing."}
{"_id": "362192", "title": "", "text": "With rich industry experience and understanding of the client requirements,we VFIRST have successfully built ourselves as producer,exporter and supplier of mosquito nets in Coimbatore. Our product plays a major role in the market owing to their flawless quality, beautiful designs and patterns.we work with dedication and motivated team of designers,quality inspector and other technical experts."}
{"_id": "362200", "title": "", "text": "As a person that has used android for a long time and use an iphone for work. noification lights are good so it doesn't double alert you if you ignore it is nice. custom keyboards, anything you don't like that's stock can be changed (especially with the s4 and s5 because the samsung keyboard and touchwiz launcher are shit) the one thing I can give the iphone over my other phones especially on the 5s is the Camera even though they seem to have that iphone picture look the camera just works so much better"}
{"_id": "362210", "title": "", "text": "Shop lots of houses.  Find at least three you want and start by offering a low price and working your way up.  Your risk is that houses you would have liked get bought by someone else while you are negotiating, that is how you discover how much you actually have to pay to get a house.   Brokers only get paid if a deal closes.  That is their incentive to get you a better price.  If they know you will buy a different house unless the one they are selling gets your business, then they will work to make that happen."}
{"_id": "362212", "title": "", "text": "Buying stocks is like an auction. Put in the price you want to pay and see if someone is willing to sell at that price.  Thing to remember about after hours trading; There is a lot less supply so there's always a larger bid/ask price spread. That's the price brokers charge to handle the stocks they broker over and above the fee.  That means you will always pay more after the market closes. Unless it is bad news, but I don't think you want to buy when that happens. I think a lot of the after market trading is to manipulate the market. Traders drive up the price overnight with small purchases then sell their large holdings when the market opens."}
{"_id": "362215", "title": "", "text": "It might be illegal for the very reason you stated: The process of printing checks may seem like check forgery. Banks in the US are allowed to do that, and the only condition under which you can do it with your iPhone (again, in the US) is the same as the one for banks: you can produce the original check on demand. Of course, if the whole thing is legit and no-one is going to dispute the check (=no-one will demand the original from you), it might work (legal issues aside). It works in the US. Beware of several things: It might not work. Banks can demand the original. If you can't produce one on demand, especially if the transaction is reported as fraudulent, you may get into a lot of trouble. Photocopying checks might not be legal in your jurisdiction (you're not in the US, you need to check local laws). Photocopying checks may result in images that cannot be deposited (like the word VOID appearing all around). That doesn't usually happen when taking a snapshot with an iPhone, but it happens (seen that myself, when scanned checks for records) if you're scanning. Deposit by scan/picture is usually limited to low amounts (I know that Chase limits it at several hundreds, I had troubles depositing $2K checks with them through the phone)."}
{"_id": "362225", "title": "", "text": "\"You are reading the balance sheet wrong. Everything Joe says is completely correct, but more fundamentally you have missed out on a huge pile of assets. \"\"Current assets\"\" is only short term assets. You have omitted more than $300B in long-term assets, primarily plant and equipment. The balance sheet explicitly says: Net tangible Assets (i.e. surplus of assets over liabilities) $174B\""}
{"_id": "362231", "title": "", "text": "I'm guessing that you've reached the value limit of a payment that can be made without linking your account to a bank account. While you want privacy, PayPal wants to not be a money launderer. You may need to seek an alternative way to pay for this if you're trying to be private about it."}
{"_id": "362242", "title": "", "text": "Smartass!  :)  In my younger days, after leaving college and the area where I grew up, I taught myself 2 different careers while working and supporting myself.  I see lots of people partying and playing while working at some unskilled job, and I just know they'll probably be complaining when the get older about how they can't find a job because they're too old to do that work now.  Anyway, I've gone far enough in the world - if I go any further, I'll drown (I moved from the east coast to the SF Bay Area).  :)"}
{"_id": "362250", "title": "", "text": "No, don't bother.  You need to decide what you are saving for, and how much risk you are prepared to take. It would make sense if you wanted the money only in x years, and couldn't afford to lose say 20% or more if the stock market crashed the day before you needed the cash.  Typically if you are about to retire and buy an annuity, you want to protect your capital.  This isn't you. At 28, you might be saving for a wedding, a deposit on a house, possibly for school fees, or for eventual retirement.  It doesn't sound like you need to get back exactly 24k in July 2022. Keep the 6 months expenses in accounts that you can withdraw from at short notice.  Some of this in a current account, some might be in a savings account that doesn't pay interest if you make withdrawals. After that, I'd stick most of the rest in stock market tracker funds, but you might go for actively managed funds instead (ask another question and take professional advice, there will presumably be local tax considerations too), and add in most of your monthly savings too.  These should beat the 2.3% over the 5 years, and you can liquidate them easily if you want to buy a house. If there is a recession and a stock market dip, you presumably have the flexibility to hold on to them longer for the economy to recover.  And if you are intending to buy a house, then a recession will probably also involve a fall in house prices, so the loss in your savings will be somewhat balanced by the drop in the purchase price of your house. Of course, the worst case scenario is a severe downturn where you lose your job, are unemployed for a considerable period of time, burn through your emergency fund, and need to sell shares at a considerable loss to meet your expenses.   You might have family or dependents that you can borrow from or would need to support, which would change your tolerance for risk.  Having money locked away for 5 years in this scenario is even worse.  So if you don't want to put all your non-emergency savings into the stock market, you still want to choose something that is accessible at a slightly lower interest rate. But ultimately it sounds like you can afford to lose some of your savings, and the probability is that you will be rewarded with much better returns than 2.3% over 5 years."}
{"_id": "362276", "title": "", "text": "Yes, it is bullshit. I get paid by a health care provider to make sure each claim is submitted in a manner most advantageous to the provider.  And I can assure you that at the end of the day the only things changed are several formulas in a program.  Internally it's called Diagnostic Recategorization and it has been blessed by the government as a fair practice.  Believe what you like."}
{"_id": "362281", "title": "", "text": "I don't know how taxes work in Israel, but I imagine it is relatively similar to taxes in the US. In the US you need to pay taxes on investment earnings when you sell them or in this case trade them for something of value. The amount that would typically would be taxed on would be the difference between how much you paid for the currency and the value of the item you traded it for.  In theory there shouldn't be any difference in trading bitcoins versus dollars or euros. Reality is that they are rather weird and I don't know what category they would fall into. Are they a currency or a collectors item? I think this is all rather hypothetical because there is no way for any government to track digital currencies and any taxes paid would be based on the honor system.  I am not an account and the preceding was not tax advice..."}
{"_id": "362296", "title": "", "text": "You've got a great emergency fund built up and no credit card debt. That's something to be proud of. If you didn't already have those two things taken care of, that would be your first priority.  If I were in your situation, I would pay off the student loan. Yes, it's a low interest rate, but you've got the opportunity to pay it off completely and eliminate a monthly payment from your life. Take it.  I don't know if you've already contributed to your Roth IRA for this year or not, but I would set aside $11,000 to cover the max contribution to your Roth IRA for this year and next year.  That leaves about $10,000 left. Do you have any money set aside for your next car? If not, allocate most of this money toward your next car. When you need to buy another car, you will be able to pay cash and avoid a car loan."}
{"_id": "362297", "title": "", "text": "&gt; zIt will definitely cut current jobs, but the cost savings on wages will eventually reach the consumer in the form of lower prices, assuming some level of competition exists.  Many markets are very specialized or protected by moats of various sorts, so I don't think it's reasonable to automatically assume competitive efficiency.   &gt; The consumers will then have more money to spend on other goods and services, creating demand for new jobs.  How does that work, exactly? Capital can just keep on being substituted for labor, and though some expertise is required, it's often not needed at the quantity of a full time job.  What if the wealth from automation were increasingly captured by fewer people, and a self-reinforcing effect were to occur? And what if there were solid data backing up that idea?"}
{"_id": "362313", "title": "", "text": "Collections companies buy debt for a fraction of the face value of the debt (as little as 5-7 cents on the dollar), and you can often settle debt for a fraction of the face amount (perhaps 10-25 cents on the dollar). But there are several considerations.  Do you owe the debt (is it a legitimate debt), can you afford to pay the debt, what is the age of the debt (remember, there is a statute of limitations on debt, varies by state), and what are the consequences of non-payment or settlement of the debt. Rather than confirm that you owe the debt, tell the debt collector that you need proof that the debt is yours (you should do this by certified letter).  Be careful not to confirm the debt, or agree to pay it, or make any payments (yet). You said that your doctor ordered the product for you. You said the company sent you a product (you have the product). Once you have confirmed that the debt is yours, you should determine the age of the debt (when was the last time you paid on the debt).  Each state has statute of limitations on debt, depending upon the age of the debt (this is why it is important not to send the collector money until you have verified the debt). You did not state when the debt was incurred (assume under SoL). Ask yourself whether you can afford to pay the debt.  The amount of the debt, and your ability to pay, and whether you want to avoid the time and expense of dealing with the collector (they are trained to be annoying) are all factors to consider.  You should also consider the negative consequences (credit score effects), and whether the cost of a derogatory entry is worth fighting the debt. You did not explain your financial situation; paying the $55 may be trivial, or it may be a hardship. Before you settle any debt, you should send a letter (keep a copy and proof you sent it, certified), and demand that the debt collector provide proof that you owe the debt.  Often this proof does not exist, or is insufficient to gain a judgement (you would need legal help here).  And should a debt collector agree to settle the debt for a lower amount, you need to get that agreement in writing.  Be aware that when you settle a debt, the collector can (and will) send you a 1099 for the portion of the debt which has been forgiven, and can report to the credit bureaus that you settled a debt for less than the full amount (negative mark against credit).  Derogatory credit items will haunt you for years. Decide whether saving $20, $30 or even $55 is worth the trouble.  Probably not. Learn from this. When a company sends you something you did not order, contact them, and send it back or demand they pay shipping, and send them a letter demanding $5/day storage and $20 handling fee to ship it back to them. Disclaimer: Heed the insane ravings of a deranged heretic at your peril... hire a lawyer."}
{"_id": "362356", "title": "", "text": "Because you have one major bank saying they don't want to be involved with bitcoin, and another saying that they may go deeper in to it. It's interesting just because of the contrast of the two.  Personally, I suspect there's a lot of low hanging fruit in cryptocurrency trading, especially given that most people in on cryptos seem to be retail individuals like ourselves, and probably relatively unsophisticated."}
{"_id": "362362", "title": "", "text": "Or I am in it for the long hall and am full expecting it to go down again. Probably two or three more times before I retire. Just gotta ride it out and have a stomach for when it goes down. Stick to the plan because history always repeats itself. I think 2007 showed us anything is that the governments will risk massive inflation before it lets the market fail. And if inflation hits you want your money wrapped up in the market to grow at the correct rate."}
{"_id": "362370", "title": "", "text": "Honestly its their job to pay as little in taxes as possible.  Its like any normal person who writes off work clothes as a tax deductible. Might as well do everything youre legally able to do.  The government leaves tax loopholes in the tax code, they know they are there, take advantage, lord knows your competitors are."}
{"_id": "362374", "title": "", "text": "You could buy a money order with your cash, then mail the money order to Deutsche Bank Germany for deposit into your account. You could also buy a prepaid debit card (like a Visa/AMEX giftcard) with your cash. Then, open a new Paypal account and add this prepaid card. Finally, send money to yourself using the prepaid card as the funding source. You could use a money transfer service, like Western Union, to transfer the cash to a friend/family in Germany. Then ask them to deposit it for you at Deutsche Bank Germany."}
{"_id": "362433", "title": "", "text": "&gt;will probably know better than you when their current business model is about to fail  I seriously doubt it.  Industry leaders who have (semi) monopolies rarely see the new threats, when they do it's when they are being passed by.  Microsoft, Nokia, and GM should have seen Apple/Google, Apple/Android, and Honda/Toyota, respectively.  Fox came in the 80's and the big 3 networks laughed.  They also ignored CNN and other cable networks, at first.    The TV networks have been steadily moving to live, variety type shows that are cheap to produce and require real time watching.  Japanese TV pioneered this format a decade before the US networks moved in on it.  The epitome of this is morning TV 'news' programs (in Japan) that post newspapers and read from the articles and comment on them.  It's got to be the cheapest production possible, but ratings are good enough so now all the Japanese networks do this (more or less).  The broadcast networks will keep cutting production costs until they become the AM radio of TV.  Cable networks will either become content producers or wither away, too.  Internet distribution with its on demand and interactive capabilities will take over in the next 20 years.  Costs will be shared between the audience being interactive with the commercials shown and advertisers.  No commercials, pay full price;  do surveys and click along as you watch, pay nothing."}
{"_id": "362445", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://thehill.com/homenews/administration/348374-top-trump-economic-adviser-told-dems-only-morons-pay-the-estate-tax) reduced by 71%. (I'm a bot) ***** &gt; Gary Cohn, the director of the National Economic Council, told a group of Senate Democrats during a meeting earlier this year that &amp;quot;Only morons pay the estate tax,&amp;quot; according to a New York Times report.  &gt; President Trump has publicly railed against the estate tax - often referred to as a &amp;quot;Death tax&amp;quot; - and has vowed to fully repeal it.  &gt; The estate tax is levied on the transfer of property for deceased individuals with an estate worth more than $5.49 million.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xuvf3/top_trump_economic_adviser_told_dems_only_morons/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~203616 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **Cohn**^#2 **percent**^#3 **Trump**^#4 **Times**^#5\""}
{"_id": "362447", "title": "", "text": "At least part of it, I'm sure. There's also increased competition from a large millennial generation and older generations who are actively seeking employment for the same jobs. There's no doubt about it: it's tough out there."}
{"_id": "362462", "title": "", "text": "Your understanding of the stock market is absolutely correct theoretically. However there is a lot more to it. A stock on a given day is effected by a lot of factors. These factors could really be anything. For example, if you are buying a stock in an agricultural company and there was no rainfall this year, there is a big chance that your stock will lose value. There is also a chance that a war breaks out tomorrow and due to all the government spending on the war, the economy collapses and effects the prices of stocks. Why does this happen? This happens because bad rainfall or war can get people to lose confidence in a stock market. On the other hand GDP growth and low unemployment rates can make people think positive and increase the demand in a stock driving the prices up. The main factor in the stock market is sentiment(How people perceive certain news). This causes a stock to rise or fall even before the event actually happens. (For example:- Weather pundits predicted good rainfall for next year. That news is already known to people, so if the weather pundit was correct, it might not drive the prices up. However, if the rainfall was way better than people expected it to be it would drive the price up and vice versa.   These are just examples at a basic level. There are a lot of other factors which determine the price of the stock. The best way to look at it(In my personal opinion) is the way Warren Buffet puts it, i.e. look at the stock as a business and see the potential growth over a long period of time.  There will be unexpected events, but in the long run, the business must be profitable. There are various ways to value a company such as Price to earnings ratios, PEG ratios, discounted cash flows and you can also create your own. See what works best for you and record your success/failure ratio before you actually put money in.  Good Luck,"}
{"_id": "362468", "title": "", "text": "\"I've never heard of a loan product like that. Yes, if they keep the funds in an account, it is no risk to the bank, but they would essentially need to go through the loan process twice for the same loan: when you pick a house, they need to reevaluate everything, along with appraising and approving the house.  Even if you did find a bank that would do this for you, there are a few problems with this scheme. You would be paying interest before you have a need for this money, negating the savings you might achieve if the interest rates go up. In addition, your \"\"balance\"\" will go down as \"\"payments\"\" are deducted from your loan, and when you finally find a home to buy, you might not have enough for the house you want. You'll need to borrow more than you need, which will further negate any possible savings.  It is impossible to know how fast rates will climb. If I were you, I would stick to saving for your down payment, and just get the best rate you can when you are ready to buy.  Another potential idea for you is to lock an interest rate. When you apply for a mortgage, the interest rate is often locked for as much as 60 days, to protect the borrower in the event that the rates go up. You could ask the bank if you can pay a fee to lock the rate even longer. I don't know if that is possible or not. And, of course, the fee would eat into your potential savings.\""}
{"_id": "362473", "title": "", "text": "\"Seems like you are concerned with something called assignment risk. It's an inherent risk of selling options: you are giving somebody the right, but not the obligation, to sell to you 100 shares of GOOGL. Option buyers pay a premium to have that right - the extrinsic value. When they exercise the option, the option immediately disappears. Together with it, all the extrinsic value disappears. So, the lower the extrinsic value, the higher the assignment risk. Usually, option contracts that are very close to expiration (let's say, around 2 to 3 weeks to expiration or less) have significantly lower extrinsic value than longer option contracts. Also, generally speaking, the deeper ITM an option contract is, the lower extrinsic value it will have. So, to reduce assignment risk, I usually close out my option positions 1-2 weeks before expiration, especially the contracts that are deep in the money. edit: to make sure this is clear, based on a comment I've just seen on your question. To \"\"close out an options position\"\", you just have to create the \"\"opposite\"\" trade. So, if you sell a Put, you close that by buying back that exact same put. Just like stock: if you buy stock, you have a position; you close that position by selling the exact same stock, in the exact same amount. That's a very common thing to do with options. A post in Tradeking's forums, very old post, but with an interesting piece of data from the OCC, states that 35% of the options expire worthless, and 48% are bought or sold before expiration to close the position - only 17% of the contracts are actually exercised! (http://community.tradeking.com/members/optionsguy/blogs/11260-what-percentage-of-options-get-exercised) A few other things to keep in mind: certain stocks have \"\"mini options contracts\"\", that would correspond to a lot of 10 shares of stock. These contracts are usually not very liquid, though, so you might not get great prices when opening/closing positions you said in a comment, \"\"I cannot use this strategy to buy stocks like GOOGL\"\"; if the reason is because 100*GOOGL is too much to fit in your buying power, that's a pretty big risk - the assignment could result in a margin call! if margin call is not really your concern, but your concern is more like the risk of holding 100 shares of GOOGL, you can help manage that by buying some lower strike Puts (that have smaller absolute delta than your Put), or selling some calls against your short put. Both strategies, while very different, will effectively reduce your delta exposure. You'd get 100 deltas from the 100 shares of GOOGL, but you'd get some negative deltas by holding the lower strike Put, or by writing the higher strike Call. So as the stock moves around, your account value would move less than the exposure equivalent to 100 shares of stock.\""}
{"_id": "362518", "title": "", "text": "There is plenty of over-rationalisation in the majority of these answers, when the simple answer is that it is simply down to statistics. Say an insurer had two pieces of information about two separate drivers: annual mileage, and whether they had had an accident in the last 3 years. Driver A drives 10,000 miles a year and hasn't had an accident in the past 3 years. Driver B drives 500 miles a year and hasn't had an accident in the past 3 years. Which would the insurer think was the safer bet? The answer is A, and this makes his premiums lower. The reason for this is that the insurer has a lot more data about Driver A than Driver B: they know that Driver A has driven 30,000 miles without having an accident. This could, of course, be luck, or a fluke, but it is likely that Driver A is actually a safe driver. The chance that Driver A hasn't had an accident just through sheer luck and that they are actually a terrible driver is quite slim. On the other hand, Driver B has only driven 1,500 miles in the past three years. Whilst this seems like prima facie evidence of them being as safe a driver as Driver A, it is much more likely that Driver B could have driven 1,500 miles and avoided an accident through sheer luck, even though they are a terrible driver.  This means drivers who drive low amounts of mileage will be penalised relative to other drivers who have high mileage. It has nothing to do with insurers taking a judgement that 'doing more mileage makes you more experienced' or 'makes you a better driver' as others have suggested here (although, it is probably true - it's not quantifiable from an insurer's perspective)."}
{"_id": "362532", "title": "", "text": "The catch is in the Premium amount you pay. In a pure term insurance, there is no survival benefit. You get paid only for the event, i.e. when you die during the policy term, the sum assured is paid to your nominee. The money back on the other hand, charges a huge premium, typically 5X more than the pure term, part of it is for the risk cover. The balance is then invested in safe instruments and at the end if you survive you would get that money. Typical calculations would show that if you had yourself invested the difference in premium even in CD's you would get much more money back. The reason this product is available in the market is more of people cannot part with money when they don't get anything back. To these vast majority, it looks like insurance company is taking all their money and doesn't give them back if they survive. Hence to make it seem better to these vast majority, there is money back. Hence people all over the world buy these policy much more than a pure term policy."}
{"_id": "362553", "title": "", "text": "Codecademy is a fantastic way to learn basic language syntax and understand what the end goal of these most basic operations is.  I agree though that if a critical person uses it to base all their understanding of programming/technology on, everyone's going to suffer forever. Especially given CEO egos."}
{"_id": "362558", "title": "", "text": "I work at a leasing (financial) company and I completely agree. The only Apple products you will use are the iPhone-if it is bring your own device- or the iPad, if adoption of the Microsoft tablets does not take place. Excel is your best friend in finance and that is why I recommend a PC. No one at our company uses a Mac."}
{"_id": "362563", "title": "", "text": "&gt; they use their size to heavily influence their supply chain and push them to lay off employees and make other cuts  this is good. it results in cheaper products for everyone. it promotes efficiency. we don't need people doing what those people did, with machines and technology. they can now get jobs doing something efficient instead of something unnecessary. should we have people for instance making pipes by hand still when a machine can do it better in seconds. that person can then do something else to bring down prices elsewhere. this is basic economics.   &gt; There is no competition for labour they can pay them whatever they want  really. there are no other places a person with that level of training can work?"}
{"_id": "362579", "title": "", "text": "Cost.  If an investor wanted to diversify his portfolio by investing in the companies that make up the S&P 500, the per-share and commission costs to individually place trades for each and every one of those companies would be prohibitive. I can buy one share of an exchange-traded fund that tracks the S&P 500 for less than the purchase price of a single share in some of the companies that make up the index."}
{"_id": "362609", "title": "", "text": "I mean, they have their original series. They have BBC and AMC shows. Apart from that they've lost most of their other shows. They do have great movies but I've seen most of them years ago. That leaves me waiting for new releases, which are usually disappointing.   Their originals have been pretty disappointing lately too."}
{"_id": "362616", "title": "", "text": "I disagree - shit rolls downhill, and if someone above reddit's admins is shitting down fire because their analyst told them that too many of Conde Naste's competitors are making it to reddit's front page, then you better believe that reddit's admins will try to avoid getting shit on, even if the boss is wrong."}
{"_id": "362643", "title": "", "text": "In Finland, this happens all the time - it's all about having an official ID, they don't even ask your bank account number or the card. However, as no location was specified in the question, I guess it could be anything. The stronger the requirement for official personal id is in your country, the better odds you have with just using that. Where I live it is quite strong."}
{"_id": "362645", "title": "", "text": "Looking at https://www.gov.uk/student-finance/who-qualifies, it says: You can only apply if: As you meet all three requirements I think you are counted as a English student in every respect. I would advise applying as soon as possible though to verify this. EDIT: also, getting a British passport anyway might not hurt; it makes sense as you've spent almost all your life here, and it would insulate you against any issues that might arise if Britain ends up leaving the EU."}
{"_id": "362657", "title": "", "text": "There was an [article](http://www.theatlantic.com/magazine/archive/2012/01/making-it-in-america/8844/) a couple of months back. One of the major take-aways from the article was that, for the auto parts factory, their line for whether to buy a robot or use humans for a task came at 2 years. If the robot could replace enough workers to pay for itself in 2 years, the robot won. If you're talking about a factory operating 24 hours a day, a robot costing less than 6 man years of salary and capable of operating 24 hours a day for 2 years would win and 3 workers would lose.  Personally, it seems like there's always more work that could be done, and people should be looking for ways to move higher up the value tree - either into tasks that are hard to automate, or into roles that accelerate the automation. If, as a society, we're able to free people up from the basic tasks needed for survival, we can progress faster on other things.  It's not like this is the first time that there's been a revolution in how labor is allocated. It used to be everybody farmed their own land for survival, then techniques in farming got better and some farmed land while others started making other things to trade for food. Then crops started producing things like cotton and people would work to turn the cotton into things to trade for food or housing or whatever, and people specialized, then machines started farming and more people were in factories, and then more people in factories with machines, etc.  If you asked someone from a time when everybody worked their own land for survival to look what modern people have, they might look and wonder how you eat when you don't have enough land to grow food on."}
{"_id": "362663", "title": "", "text": "This is the second article I read this week where these casual chains blame Millennials. Neither mention that, perhaps, people just don't really value going to a restaurant and being served microwaved and fried pre-cooked junk. Glamorized TV dinners. The vast majority of the time when a restaurant fails, it's because the food isn't good. It's not demographics or whatever else they want to blame it on. The. Food. Sucks."}
{"_id": "362670", "title": "", "text": "All transactions involving fraud or theft are void by their nature. Title to your money never changes hands.  You are entitled by law to have assets stolen from you returned to you. In cases of negligence or broker malfeasance, lawsuits or SIPC protection are your primary recourse."}
{"_id": "362672", "title": "", "text": "The US prefers an endless conflict.  It is an excuse to keep large military forces in the heart of Asia, and endless war helps line pockets of well connected folks in DC.    The point of US wars tends to be justifying huge Pentagon budgets and enriching the owners of the Military Industrial complex.  At its heart, the purpose is to extract wealth from US Tax Payers in a way they are unlikely to oppose because of propaganda related to security and patriotism."}
{"_id": "362677", "title": "", "text": "I lived in a non tipping country before coming to the US.  Tipping is a far better system.       In non-tipping world, the service is typically awful.   Servers do the bare minimum to not get fired.  There is no incentive.   The prices are far higher than US prices + Tip, as the restaurant needs to pay salary to inefficient servers.       Tipping culture has driven the US to be an amazing service country.   Prices including the tip are still lower than most other western countries AND servers at any busy establishment make far more money.   In many countries servers are making around minimum wage, perhaps up to 20% over minimum wage.    In the US, great wait staff can earn 6 figures in a good establishment.         Tipping is better for customers, better for motivated workers, and better for restaurant owners."}
{"_id": "362694", "title": "", "text": "At least on 25K. Here's the actual IRS publication, it's fairly complex and the limits depend on the types of organization you're donating to, and the types of property you're donating. Some donations may be limited to the maximum of 20% of your AGI. Bottom line - the maximum you can deduct in almost all circumstances would be 50% of the AGI (very few exceptions allow deducting up to 100% of your AGI). Worth mentioning that whatever you cannot deduct this year - you can roll over to the next year."}
{"_id": "362705", "title": "", "text": "\"Nothing \"\"conspiratorial\"\" - just standard tax optimization scheme as shown by  Google &amp; Apple.    &gt; Grocery store workers are not underpaid. If they were, they could walk across the street and make more money at a competitor.  From the point of supply and demand, they are actually overpaid - lots of desperate people that agree to the barest minimum allowed by law (and below that, if you include illegal aliens). Still doesn't mean they are paying the living wage.  &gt;The vast majority of food products sold in grocery stores in North America are grown, manufactured and sold right here in North America  20% are imported.   And they don't have to set up a \"\"supply chain\"\" - just the bare minimum to legally siphon funds into another company they own, be it via interest on credit, rent, intellectual property (i.e. franchise or trademark payments) or anything else.\""}
{"_id": "362721", "title": "", "text": "Yes, it is a scam.  Think about it: Why would a stranger offer to give you money? Why would she need you to pay her own employees? She wouldn't. It is a scam.  You have more to lose than just the $25 that is in the account. Just as has happened to your dad before, you will be receiving money that is not real, but paying real money out somewhere else.  One more thing: If your dad has fallen for these scams so many times that he can't get a bank account anymore, why are you still taking financial advice from him?"}
{"_id": "362729", "title": "", "text": "\"What about 2nd hand pants from Craigslist? Walmart's \"\"evil policies\"\" are the reason they can offer those cheap prices people \"\"need\"\". It's hypocritical to claim to be against those practices while you continue to take advantage of those low prices.  It's as hypocritical as welfare recipients who are \"\"against big government.\"\"\""}
{"_id": "362730", "title": "", "text": "Because they believe that negative interest rates will force people to push capital around, and promote investment to avoid the negative interest rates associated with having your cash sitting in an account. Most likely they will be banning cash within the next 10 years anyway which will prevent you from being able to keep it yourself. You will either need to: or"}
{"_id": "362731", "title": "", "text": "\"This is common practice I would suprised that there was multinationals not doing this.  What is funny though is when auto companies in Australia get government grants to be viable but then send the same amount of money back to the US for \"\"branding licence\"\".    Looking at you General Motors\""}
{"_id": "362753", "title": "", "text": "&gt;you're fooling yourself if you think they don't have advantages over retail investors.  Well clearly they have resources connections, more clout when speaking to their investees, etc. but what I meant is it's not as big of an advantage as most people believe it is. Also with derivatives you're right its a whole different ball game. I'm a finance student and I invest my own money to learn, and to grow my wealth slowly and intelligently. The thing is I never touch derivatives(probably because I haven't studied them much yet). Also I come from a very Benjamin Graham value investing background so that is why I think that an average investor with a retail brokerage account can beat the institutions. This energy thing is not something that I think can be capitalized upon, however."}
{"_id": "362762", "title": "", "text": "For exchange contracts, yes. A trader can close a position by taking an offsetting position. CME's introduction to Futures explains it quite well (on page 22).  Exiting the Market Jack entered the market on the buy side,   speculating that the S&P 500 futures price would move higher. He has   three choices for exiting the market:"}
{"_id": "362765", "title": "", "text": "\"In general economic theory, there are always two markets created based on a need for a good; a spot market (where people who need something now can go outbid other people who need the same thing), and a futures market (where people who know they will need something later can agree to buy it for a pre-approved price, even if the good in question doesn't exist yet, like a grain crop). Options exist as a natural extension of the futures market. In a traditional future, you're obligated, by buying the contract, to execute it, for good or ill. If it turns out that you could have gotten a lower price when buying, or a higher price when selling, that's tough; you gave up the ability to say no in return for knowing, a month or three months or even a year in advance, the price you'll get to buy or sell this good that you know you need. Futures thus give both sides the ability to plan based on a known price, but that's their only risk-reduction mechanism. Enter the option. You're the Coors Brewing Company, and you want to buy 50 tons of barley grain for delivery in December in order to brew up for the Super Bowl and other assorted sports parties. A co-op bellies up to close the deal. But, since you're Coors, you compete on price with Budweiser and Miller, and if you end up paying more than the grain's really worth, perhaps because of a mild wet fall and a bumper crop that the almanac predicts, then you're going to have a real bad time of it in January. You ask for the right to say \"\"no\"\" when the contract falls due, if the price you negotiate now is too high based on the spot price. The co-op now has a choice; for such a large shipment, if Coors decided to leave them holding the bag on the contract and instead bought it from them anyway on a depressed spot market, they could lose big if they were counting on getting the contract price and bought equipment or facilities on credit against it. To mitigate those losses, the co-op asks for an option price; basically, this is \"\"insurance\"\" on the contract, and the co-op will, in return for this fee (exactly how and when it's paid is also negotiable), agree to eat any future realized losses if Coors were to back out of the contract.  Like any insurance premium, the option price is nominally based on an outwardly simple formula: the probability of Coors \"\"exercising\"\" their option, times the losses the co-op would incur if that happened. Long-term, if these two figures are accurate, the co-op will break even by offering this price and Coors either taking the contract or exercising the option. However, coming up with accurate predictions of these two figures, such that the co-op (or anyone offering such a position) would indeed break even at least, is the stuff that keeps actuaries in business (and awake at night).\""}
{"_id": "362771", "title": "", "text": "This is a perfect example of why bonds are confusing at first glance.  Think about it this way...  You buy a 30-year Russian Bond at 4%.  An event happens that makes Russia risky to invest in.  You want to buy another bond but fuck 4%, you and the rest of the market want 6% to compensate you for the risk.  Now let's say you want to sell your 4% bond... Well you're going to have to drop the price of that bond in order for it to appeal to an investor that could go out and get a 6%. On a 30-year bond of that kind, you're looking at about 75% of what you bought it for.   So to wrap it up, high bond yields are great for buyers that don't already own them, but bad for sellers who want to get rid of their old ones. It is the opposite intuition as stocks and almost everything else."}
{"_id": "362778", "title": "", "text": "The major reason to start an LLC for side work is if you want the additional personal liability protection afforded by one.  If you're operating as a sole proprietor, you may be exposing yourself to liability: debts and judgments against your business can put your personal assets at risk! So, if you're intending to continue and grow your side work in the future, you ought to consider the LLC sooner than later. It's also an important legal decision and you should consider seeking a professional opinion. The Wall Street Journal has a brief guide titled How to Form an LLC.  Here are some notable excerpts: A limited liability company, or LLC,   is similar to a partnership but has   the legal protections of personal   assets that a corporation offers   without the burdensome formalities,   paperwork and fees.   [...]   Some states charge annual fees and   taxes that can diminish the economic   advantage of choosing to become an   LLC. Among LLC advantages:   pass-through taxation \u2013 meaning the   profits and losses \u201cpass through\u201d the   business to the individuals owning the   business who report this information   on their own personal tax returns. The   result can be paying less in taxes,   since profits are not taxed at both   the business level and the personal   level. Another plus: Owners aren\u2019t   usually responsible for the company\u2019s   debts and liabilities.   [...] Also check out onstartups.com's Startup 101: Should You Form An Inc. or An LLC? Here are some additional articles that discuss the advantages / disadvantages of forming an LLC:"}
{"_id": "362790", "title": "", "text": "\"You're asking an intensely debatable question.   You'll have some people believe that the short-term effects on tax cuts will be an increase in the deficit, but long-term provide more economic prosperity that then eventually translates into higher tax revenue (the Laffer Curve). You'll have others state that it'll simply increase government debt and make us even more indebted, and the benefits of tax cuts will be marginal at best.  Large enough shocks, such as a war, cause market downturns due to heightened uncertainty. These are pretty unavoidable (we had a small shock with North Korea's nuke test).   &gt; I ask because the economic fundamentals of U.S/Western Europe are strong.  Why do you think this?   &gt; B. What will be the geopolitical result? Does China back NK to prevent a immigration crisi/power vacuum or do they side with the UN/U.S and allow military destruction of NK in the event of a NK-started war?  Also intensely debatable. Does China grow too tired of NK and simply acquire it itself? Does it keep it separate as a distraction to pin down U.S. attention? Does the U.S. pre-emptively strike NK leadership? Does it leave a vacuum there, close enough that China can keep an eye on it, or does it \"\"surge\"\" like Iraq? Would South Korea get it?   These are extremely open-ended questions that could have debates rage around them for years.\""}
{"_id": "362797", "title": "", "text": "Let me just say that Argentina didn't fail because of protectionism, it failed because of collectivism and government control of businesses like all familiar communist countries failed. It's actually a good argument against socialism in general against those who say it's superior to communism."}
{"_id": "362805", "title": "", "text": "I worked in constituent affairs. A normal day for me ranges from finding low-income homes, handling unemployment insurance checks that get held up, finding open rehab centers for people who are having trouble finding treatment centers. Is it remotely connected to a court case? Now I have to find a way that is completely sterile from the legal proceedings.   Do I give help to the one person calls who is being kicked out of their home in 4 days and is sick, or do I have to find some shelter for the people with children first?   I love my job, but pray tell, with my 28,000 a year salary, what special privilege do I get by trying to maximize assistance for people with minimal resources? I am interested to hear this so I can go to work and demand them."}
{"_id": "362806", "title": "", "text": "At Success Focus we believe that everyone deserves to achieve the goals they set for themselves. Our mission is to make them capable of achieving these goals, break through their barriers and live a more fulfilling life through effective, non-judgmental support."}
{"_id": "362808", "title": "", "text": "\"Those are actually causing demonstrable harm, in the forms of child abuse and murder. Saying \"\"X group is terrible and should all go die\"\" is hateful and ignorant, but not actually harmful. Saying \"\"I will kill this person for money\"\" is an express intent to murder somebody. Saying \"\"look at these children I sexually abused\"\" is admitting to sexual abuse of a child. Even if you're just running the sites and not involved in the activity, you are still facilitating and encouraging it.   Any more spurious comparisons you'd like shot down?\""}
{"_id": "362823", "title": "", "text": "\"Wow. You are fucking retarded.... UBI is bullshit and not going to happen (thankfully) and \"\"job theater\"\" is a tucking bullshit term that I've never heard before and never wish to hear again. You millennial are way too fucking innocent. The world owes you fucking zilch. You are entitled to nothing. A functioning society does not pay people money \"\"just because\"\". If you don't contribute to society then you deserve nothing. You've actually just shown why bigger government is fucking stupid. These people do nothing for society yet they would work in some \"\"job theater\"\" bullshit organization. Why not just cut out the middleman and give them money without making them \"\"work\"\"? And of course there would be a *massive* government agency running this sham that would have a massive budget. You people are fucking retarded and need to learn some basic econ. Bernie is a lying cuck.\""}
{"_id": "362860", "title": "", "text": "Sure, they can still vacation in the US. However working in the US requires a seperate visa than a vacation visa which requires that they pay taxes on income earned within the US etc.   I'm fairly certain using complicated intelectual property tax tricks to avoid paying any taxes in the US might be a violation of that visa.   Actually, why can't I owe myself a large amount of money in another country that I'm paying myself back slowly thus zeroing my taxable income?"}
{"_id": "362874", "title": "", "text": "the short answer is: No. you do not HAVE to pay $125,000.00 at the end of your first year. that is only the amount IF you decide to exercise.  *fine print: But if you leave or get let go (which happens quite frequently at top tier Silicon Valley firms), you lose anything that you don't exercise. you're basically chained by a pair of golden handcuffs. in other words, you're stuck with the company until a liquidation event such as IPO or secondary market selling (you can expect to spend a few years before getting anything out of your stocks) Now, it's hard to say whether or not to exercise at that time, especially given we don't know the details of the company. you only should exercise if you foresee your quitting, anticipate getting fired, AND you strongly feel that stock price will keep going up. if you're in SF bay, i believe you have 10 years until your options expire (at which point they are gone forever, but that's 10 years and usually companies IPO well within 7 years). i would recommend you get a very good tax advisor (someone that understands AMT and stock options tax loopholes/rules like the back of their hand).  I'm going to take a long shot and assume that you got an amazing offer and that you got a massive amount of ISOs from them. so i'll give this as an advice - first, congrats on owning a lot on paper today if you're still there. you chose to be an early employee at a good tech company. However, you should be more worried about AMT (alternative min tax). you will get enslaved by the IRS if you exercise your shares and can't pay the AMT. suppose, in your fictional scenario, your stock options increase 2x, on paper. you now own $1 Mil in options. but you would be paying $280000 in taxes if you chose to exercise them right now. Now, unless you can sell that IMMEDIATELY on the secondary market, i would highly advise you not to exercise right now. only exercise your ISOs when you can turn around and sell them (either waiting for IPO, or if company offers secondary market approved trading)."}
{"_id": "362878", "title": "", "text": "\"Writers for tech publications get paid less than peanuts. In all likelihood, this guy received two similar press releases/pitches from PR firms and he was like \"\"oh look, a trend\"\" and did no further research because he had to crank out five more articles in one day (which he did) to make enough money to survive.      (Source: I am not this guy, but I was just like him for about eight years.)\""}
{"_id": "362887", "title": "", "text": "\"Which of these categories are emergency funds meant to cover? Emergency funds are for emergencies, which to me means expenses that are unanticipated and can't be covered out of \"\"normal\"\" cash-flow.  Oil changes are not an \"\"emergency\"\" and should be part of your normal budget.  Car/house repairs and doctor visits might be an emergency depending on the severity and the urgency (e.g. do I need to fix this now or can I save up and fix it?) For known, predictable expenses that are infrequent (Christmas, birthdays, car insurance, home insurance/taxes if it's not part of your mortgage payment), I use an escrow account.  I calculate how much I'll need for all of those things put together over the year and set aside a fixed amount each paycheck to ensure that I have enough to cover each item.  You could do something similar for minor doctor visits, car repairs, etc.  Estimate how much you might spend and set aside some money each month. If you find you're spending more than you thought, just increase the amount.  You can use envelopes for each type of expense, have a separate checking account for those, whatever.  The point is to set it aside and make sure you have enough left over to cover your known expenses. The whole point of an emergency fund is to be able to pay cash for emergencies rather than borrowing to pay them and dealing with interest, late fees, etc.\""}
{"_id": "362899", "title": "", "text": "We can add thousands of targeted Facebook fans to your fan page. If you want to buy Facebook fans then you have come to the right place. Your Facebook fans are potential clients. The fans that we deliver to your page will interact with you and your business. All of the fans we add to your fan page are guaranteed real active Facebook users. To find out more about how you can get fans to your page, read How It Works.  If you're ready to buy Facebook fans, please visit our order page."}
{"_id": "362905", "title": "", "text": "What would be nice would be if Google+ gained some traction to the point where they could force Facebook to open a pipe so that social circles could work between Google+ and Facebook, putting them in tension.   Of course, Neither CEO seems exceptionally capable of playing nicely in a sandbox even if it can benefit them, so that won't happen."}
{"_id": "362918", "title": "", "text": "I've noticed Academy and Dick's Sporting Goods stores have been opening more frequently around my area, as opposed to just a couple Cabela's/BPS stores. I much prefer either Academy/Dicks for sporting goods. Similar quality, cheaper prices. I do prefer BPS for fishing goods though"}
{"_id": "362919", "title": "", "text": "Refinance, definitely. Go for Fixed 15 years, which will leave you with the same remaining time for the loan that you have now, but a much lower interest (you can find below 4%, if you look hard enough). You might end up with lower payments and higher portion of interest to deduct from your taxes. win-win. If you're confident you're able to pay it off within 7 years, you can get an even better rate with an ARM 10/1 or 7/1."}
{"_id": "362922", "title": "", "text": "&gt;eventually, the US will lose money until the point where production in the US is cheap enough to bring it back.   Not if they raise taxes.  I recently saw a mention of a research job in psychology that came to a conclusion more or less like this: given the choice of getting $100,000 while their neighbor got $250,000 and the alternative of each getting $50,000, most Americans chose the second option.  They'd rather get less for themselves rather than let their neighbor get more than they did.   That's why so many Americans favor higher taxes on the corporations. It doesn't matter if the corporations become unable to invest in more jobs, the important thing is not to let the corporations make money easily."}
{"_id": "362923", "title": "", "text": "PayPal charges a 2.5% currency conversion fee to exchange funds from one currency to another. That means, the receiver would receive $ 9.75. Read More"}
{"_id": "362928", "title": "", "text": "I would say that there are places where you are indeed a code monkey, and what you learn is easily transferred. i.e: If you know Java, or RoR, it's easy to get started at a new job where the apps are built with those languages.   However, if you're able to get some, Murex, Kondor+ or Calypso training or exposure under your belt, your skills are much more highly sought after, and can get you a much higher salary than an ordinary code monkey.   At the end of the day managing is managing, regardless of whether you're managing code monkeys or Murex developers."}
{"_id": "362929", "title": "", "text": "Word! I don't watch TV any more. If I wan't to watch a certain show I stream it online. Surely it should be obvious that the concept of sitting down in front of a TV at some time to watch a show, because someone at a TV station decided that this show should be broadcast at that certain time is outdated and unnecessary. On demand is the future (and present). Long live progress!"}
{"_id": "362932", "title": "", "text": "Wow. Few initial thoughts:  1) Amazon is not going to keep WFM's pricing structure in place. I expect we'll see some serious pricing pressure on the whole space. The food companies have already been feeling the squeeze (remember all those headlines about Wal-Mart pressuring their CPG vendors to trim prices 15%?) and this is only going to make it harder for them.   2) Amazon has been building out its distribution network through fulfillment centers. This gives them a huge footprint for both click-and-collect and direct-to-consumer online grocery delivery. Also probably helps consumer perceptions about the quality of buying food online.  3) I think if you're a company like TGT you need to step back and look at your strategy in food. Might be a good time to admit defeat or at least scale back.  4) Amazon could very well go the private label route here. Especially with pressure from Aldi and Lidl, there might be a real opportunity for it at WFM. Perhaps a name like THS could get a boost.  5) I'd sure love to be at Jana right now"}
{"_id": "362933", "title": "", "text": "\"Actually, if you don't care about paying a bit more, either hire an accountant and dump the paper on them, or (may be cheaper but a bit more work) spring for tax software. Modern tax programs can often download most of your data directly. If you don't care about claiming deductions you can skip a lot of the rest. I'm perfectly capable of doing my taxes on paper or in a spreadsheet... but I spring for tax software every year because I find it a _LOT more pleasant.  Remember that most of the complexity does come from policies intended to reduce your taxes. When you call for simplification, you may not like the result. It's better than it was a decade or two ago. I used to joke that the battle cry of the next revolution would be \"\"No Taxation Without Proper Instructions!\"\"\""}
{"_id": "362961", "title": "", "text": "I recommend a Capital One 360 account. Personal experience, I'm a current undergraduate and while Capital One ATMs are everywhere and while account fees do not exist while I work, my normal Capital One bank account would be shut down, every time, over the summer. Why? Because I didn't work over the summer and I couldn't keep the minimum balance in my account. With a 360 account, I don't have to worry about paper working being mailed home when I need it at my dorm (or vice versa) and I don't have to worry about minimum balance fees closing my account (it doesn't screw my credit when that happens, but I have to open up a NEW account; frustrating). The advantages of a 360 account is that it's all online, there are no minimum balance requirements, and that I can easily access it online and even deposit checks with the Capital One app."}
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{"_id": "362974", "title": "", "text": "Arguably, the only reason the US can print dollar without massive repercussions on devaluing it is because of it is the world's reserve currency, backed by oil. This has allowed to US to build the world's biggest and most powerful army because they can easily borrow money to fund it. Everyone needs oil for their economy, therefore everyone needs dollars..."}
{"_id": "362983", "title": "", "text": "I added just most of the keywords I know to get you an idea what interests me. I must say creating models and testing models and using statistical software is what I like most. I do not like too much on the theoretical part like literature review."}
{"_id": "363024", "title": "", "text": "I'm not disagreeing with you about math.  But what you keep focusing on is your assumption people *need* $100 more per month to spend on energy.  Some people may, but can you see how your solution makes an assumption that most likely misses the point?"}
{"_id": "363026", "title": "", "text": "We need more info to give a better answer, but in short: if you assume you will make $0 in other employment income next year, there is a HUGE tax benefit in deferring 50k until next year. Total tax savings would probably be something like $15k [rough estimate]. If you took the RRSP deduction this year, you would save something like 20k this year, but then you would be taxed on it next year if you withdraw it, probably paying another 5k the year after. ie: you would get about the same net tax savings in both years, if you contributed to your RRSP and withdrew next year, vs deferring it to next year.  On a non-tax basis, you would benefit by having the cash today, so you could earn investment income on your RRSP, but you would want to go low-risk as you need the money next year, so the most you could earn would be something like 1.5k @ 3%. The real benefit to the RRSP contribution is if you defer your withdrawal into your retirement, because you can further defer your taxes into the future, earning investment income in the meantime. But if you need to withdraw next year, you won't get that opportunity."}
{"_id": "363043", "title": "", "text": "\"A covered call risks the disparity between the purchase price and the potential forced or \"\"called\"\" sale price less the premium received. So buy a stock for $10.00 believing it will drop you or not rise above $14.00 for a given period of days. You sell a call for a $1.00 agreeing to sell your stock for $14.00 and your wrong...the stock rises and at 14.00 or above during the option period  the person who paid you the $1.00 premium gets the stock for a net effective price of $15.00. You have a gain of 5$. Your hypothecated loss is unlimited in that the stock could go to $1mil a share. That loss is an opportunity loss you still had a modest profit in actual $. The naked call is a different beast. you get the 1.00 in commission to sell a stock you don't own but must pay for that right. so lets say you net .75 in commission per share after your sell the option. as long as the stock trades below $14.00 during the period of the option you sold your golden. It rises above the strike price you must now buy that stock at market to fill the order when the counter party choses to exercise the option which results in a REAL loss of 100% of the stocks market price less the .75 a share you made.   in the scenarios a 1000 shares that for up $30.00 a share over the strike price make you $5,000 in a covered call and lose you $29,250 in a naked call.Naked calls are speculative. Covered calls are strategic.\""}
{"_id": "363054", "title": "", "text": "I'm not sure I understand what you're trying to say, but in general its pretty simple: She goes to the UK bank and requests a wire transfer, providing your details as a recipient. You then go to your bank, fill the necessary forms for the money-laundaring regulations, you probably also need to pay the taxes on the money to the IRS, and then you have it. If you have 1 million dollars (or is it pounds?), I'm sure you can afford spending several hundreds for a tax attorney to make sure your liabilities are reduced to minimum."}
{"_id": "363066", "title": "", "text": "You are very much correct, as I think about it more I definitely misspoke.  It's more someone's cultural heritage than their race.   If you grow up eating and watching your parents prepare a particular type of food you are more likely to cook that type of food better than someone who did not have a much experience with that type of food growing up. There are exceptions of course, But I think you get the idea.   My grandmother is a white person, who is also Mexican. We eat Mexican food at Thanksgiving. So color is not always a good. indicator."}
{"_id": "363080", "title": "", "text": "Stop government subsidies of student loans which leads to artificially inflated college prices.  Encourage colleges to be more upfront about employment prospects and ROI for specific degrees.  Or just eliminate 4 year degrees all together and go with nano-degrees.  Let the market decide whats in demand and valuable.  Next question."}
{"_id": "363087", "title": "", "text": "Depends on the role.   I've worked in a back office and middle office setting at an investment bank working 8:30am - 5pm, no weekends.   Also worked in sell side research and hours were more like 7am - 9pm, light weekends unless we were initiating coverage which then became a heavy work weekend.  I currently work on the buyside as an equity analyst and my hours are more like 8am - 5:30 pm, no weekends. So depends on the role."}
{"_id": "363088", "title": "", "text": "Did you see the emails between scientist fudging the numbers to prove we need to do more quicker.  Also in the 1950's - 1960's all the scientist thought there was global cooling.  We went from global cooling to global warming in 50 years.  Just proves the majority of people forget or just have never learned about history."}
{"_id": "363097", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/09/21/north-korea-foreign-minister-says-may-detonate-nuclear-bomb-in-pacific-reports-south-korean-news-agency.html) reduced by 85%. (I'm a bot) ***** &gt; North Korean Minister of Foreign Affairs Ri Yong Ho said that his country may consider a test of a hydrogen bomb in the Pacific Ocean, according to a report from South Korea&amp;#039;s official news agency Yonhap.  &gt; Hydrogen bombs are more powerful by an order of magnitude than the atomic bombs that North Korea tested in previous years.  &gt; In recent weeks, North Korea has tested ballistic missiles and an apparent hydrogen bomb in the face of international economic sanctions and warnings.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71nvoo/north_korea_foreign_minister_says_may_detonate/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~214375 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **North**^#1 **Korea**^#2 **President**^#3 **test**^#4 **Kim**^#5\""}
{"_id": "363116", "title": "", "text": "Paywall.  But this is an issue that comes up in many places, including California, where we were recently up to our necks in drought, including the pressure on Nestle.  Somewhere, there is a government official that approved this arrangement, just as there was in California.  I'm sure elsewhere, as well.  And we shouldn't be taking Nestle to task, we should be naming those government officials, and investigating them for corruption, or firing them for incompetency.  I can't read this particular article, but I've never seen this addressed in the press.  Are there any names mentioned here?  In California, likely in Michigan, too, the government does not acknowledge individuals right to resources.  We instead use the water supply as fodder for political clout, and give it away 'for jobs' as a favor.  Government shouldn't control the water supply.  It should be owned by people.  Individuals will protect what is theirs in a way government doesn't. Even corporate owners treat what is theirs better that the current model of government leases."}
{"_id": "363120", "title": "", "text": "Firstly, I'm going to do what you said and analyze your question taking your entire family's finances into account. That means giving you an answer that maximizes your family's total wealth rather then just your own. If instead of that your question really was, should I let my parents buy me a house and live rent free, then obviously you should do that (assuming your parents can afford it and you aren't taking advantage people who need to be saving for retirement and not wasting it on a 25 y/o who should be able to support him / herself). This is really an easy question assuming you are willing to listen to math. Goto the new york times rent vs buy calculator and plug in the numbers: http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html Firstly, if you do what you say you want to do buy the house all cash and live there for 4 years, it would be the equivalent of paying 1151 / month in rent once you factor in transaction costs, taxes, opportunity costs, etc. Take a look at the calculator, it's very detailed. This is why you should never buy houses all cash (unless its a negotiating tactic in a hot market, and even then you should refi after). Mortgage rates are super low right now, all that money sitting in the house is appreciating at maybe the rate of inflation (assuming the house value isn't going down which it can very easily do if you don't maintain it, another cost you need to factor in). Instead, you could be invested in the stock market getting 8%, the lost opportunity cost there is huge. I'm not even considering your suggestion that you hang onto the house after you move out in 4 years. That's a terrible idea. Investment properties should be at a maximum value of 10x the yearly rent. I wouldn't pay more then 72K for a house / apartment that rents for only 600 / month (and even then I would look for a better deal, which you can find if you time things right). Don't believe me? Just do the numbers. Renting your 200K house for 600 / month is 7200 / year. Figure you'll need to spend 1% / year (I'm being optimistic here) on maintanence / vacancy (and I'm not even considering your time dealing with tenants). Plus another 1% or so on property tax. That's 4K / year, so your total profit is 3200 which is a return of only 1.6% on your 200K. You can get 1% in an ally savings account for comparison. Really you are much better off investing in a diversified portfolio. You only need 6 months living expenses in cash, so unless your family is ridicuouly wealthy (In which case you should be asking your financial planner what to do and not stack exchange), I have no idea why your parents have 200K sitting around in a savings account earning 0. Open a vanguard account for them and put that money in VTI and your family will be much better off 5 years from now then if you buy that money pit (err house). If risk is a concern, diversify more. I have some money invested with a robo advisor. They do charge a small fee, but it's set it and forget it with auto diversification and tax loss harvesting.  Bottom line is, get that money invested in something, having it sitting in a bank account earning 0 is probably the second worst thing you could do with next to buying this house."}
{"_id": "363135", "title": "", "text": "If you want to go into any asset management/investments, or even potentially down the road, it's worth getting out of the way early on your career while you have the time and energy.  If you want to shoot for a corp finance/CFO type career track, CPA is more relevant. For investment banking (and some corp finance roles such as acquisitions), top tier MBA."}
{"_id": "363138", "title": "", "text": "\"&gt;Also if you watch sports then skipping them isn't really an option   Sure it is. I always hit record and then start watching the game about an hour after it begins airing.  More often than not, I can skip through all the commercials and half time bullshit and end up catching up to \"\"real time\"\" with a few minutes left in the game.\""}
{"_id": "363148", "title": "", "text": "\"&gt;I hear lots of interesting stories about teaching. The most recent involves an experimental program where the teacher performance isn't graded on student outcomes but how well they're following the narrative defined by the program. Every few years teachers are handed new programs that the district curriculum people bought and told \"\"you're going to teach $subject using this program now!\"\" (sometimes those programs work better for different groups of students - the ones that it was evaluated with do great, the ones in different neighborhoods are failed by the program) The programs are implemented district wide and the teachers are told not to deviate from the programs.  Nothing really \"\"new\"\" there at all. And it isn't \"\"local control\"\" -- it is the opposite: standard \"\"central planning\"\", typically driven by Federal and State \"\"Department of Education\"\" bureaucrats in combination with Teacher's Union officials (but I am being redundant, because they are one and the same, there being a revolving door). And then it is pressed down on the school by an administrator who is attempting to please the \"\"higher ups\"\" (and/or to guarantee the flow of funds linked to said program) on one of their several ridiculously inane \"\"metrics\"\".  &gt;A recent example from the town I grew up in.  That letter is *hilariously SAD* (and not for the reasons that you think).  This \"\"teacher\"\" (with a Masters Degree (!!!!) in Reading -- from which I assume they believe they understand \"\"reading\"\" better than anyone  -- be interesting to know the last time this \"\"Master\"\" of reading actually READ a book that wasn't strictly required, the answer is probably a decade or more ago)...  This \"\"teacher\"\" is really just one central-planning disciple who is objecting to a *different* central planning program than the one they themselves were indoctrinated into.  The whole thing is very revealing regarding the sheer lunacy of the \"\"scientific educator\"\" and \"\"scientific education\"\" paradigm.  This teacher (like the administrators the teacher derides) is concerned about the WRONG things. There is really no concern about whether kids are learning how to read and to enjoy/utilize reading (which is a rudimentary skill kids can pick up on their own, provided they haven't had it turned into \"\"torture\"\" by some brainless curricula &amp; teacher).  But rather it is all about \"\"what [curricula] to use for reading/language arts\"\".  The phrasing of that question and the misguided emphasis of it reveals the fact that the teacher really doesn't have a CLUE how to truly get kids reading and understanding the English language.  Basically he/she just wants to \"\"work a program\"\" (by a semi-mindless *rote*) and is really only pissed because the programs keep being changed on them.   *Fortunately, a least a small part of the kids WILL learn to read (mostly due to authors/industry putting out things they are interested in -- all hail JK Rowling, JRR Tolkien, &amp; Suzanne Collins) not because of but* **despite** *the formal schooling systems attempts to \"\"teach\"\" them.*\""}
{"_id": "363156", "title": "", "text": "Some people are born to be entrepreneurs while others have to hone their skills on their way; it\u2019s just a matter of coming outside the comfort zone perhaps of being an employee, and taking the big leap! If you have decided to join the league and are ready to embrace the challenge of being your own boss, here are few things you need to watch out for."}
{"_id": "363158", "title": "", "text": "Stock markets are supposed to be about investment and providing capital to companies for operations and research.  High frequency trading is only about gaming the market and nothing else.  Arguments that this provides more capital or liquidity don't make any sense because the speed of trading is such that listed companies cannot take advantage and only high frequency traders are served."}
{"_id": "363178", "title": "", "text": "\"&gt; A corporation should be taxed based on where it does business and not where the corporate headquarters are located.  But... but.. that's the whole point of the inversions. The US government tries to claim taxes on income from revenue generated overseas. So right now if BK repatariates it's overseas earnings, the US government will double dip beyond it's fair share and tax already taxed revenue just because it was taxed by non-US governments. All BK is doing is moving their headquarters to to a more business friendly economy that doesn't do similar double dipping. That way when they repatriate overseas money they are not being forced to pay taxes unjustly like they would be in the US. They will still pay taxes in the US for earnings in the US, they just won't pay US taxes on earnings foreign earnings.   I don't think you Americans get just how fucked up and hostile your tax structure is. It has nothing to do with \"\"fair share\"\".\""}
{"_id": "363183", "title": "", "text": "V\u1edbi nhi\u1ec1u th\u00f4ng tin b\u1ed5 \u00edch, trang V\u00e0ng V\u1eadt Ch\u1ea5t \u0111ang \u0111\u01b0\u1ee3c nhi\u1ec1u \u0111\u1ecdc gi\u1ea3 th\u01b0\u1eddng xuy\u00ean theo d\u00f5i h\u00e0ng ng\u00e0y v\u00e0 trong t\u01b0\u01a1ng lai s\u1ebd c\u00e0ng c\u00f3 th\u00eam nhi\u1ec1u \u0111\u1ecdc gi\u1ea3 quan t\u00e2m t\u1edbi th\u00f4ng tin tr\u00ean trang V\u00e0ng V\u1eadt Ch\u1ea5t.  Nh\u1eb1m h\u1ed7 tr\u1ee3 qu\u00fd kh\u00e1ch trong vi\u1ec7c qu\u1ea3ng b\u00e1 Th\u01b0\u01a1ng Hi\u1ec7u c\u1ee7a doanh nghi\u1ec7p tr\u00ean m\u1ed9t trang th\u00f4ng tin T\u00e0i Ch\u00ednh s\u1ea1ch nh\u01b0 trang V\u00e0ng V\u1eadt Ch\u1ea5t, ch\u00fang t\u00f4i hoan ngh\u00eanh qu\u00fd kh\u00e1ch tham gia t\u00e0i tr\u1ee3 trang theo c\u00e1c lo\u1ea1i h\u00ecnh nh\u01b0 sau: - \u0110\u0103ng link gi\u1edbi thi\u1ec7u website c\u1ee7a doanh nghi\u1ec7p: 500,000 \u2013 1,000,000 \u0111\u1ed3ng/th\u00e1ng - \u0110\u01b0a banner gi\u1edbi thi\u1ec7u v\u1ec1 doanh nghi\u1ec7p: 1,000,000 \u2013 3,000,000 \u0111\u1ed3ng/th\u00e1ng - \u0110\u01b0a b\u00e0i vi\u1ebft gi\u1edbi thi\u1ec7u v\u1ec1 doanh nghi\u1ec7p: 1,000,000 \u2013 2,000,000 \u0111\u1ed3ng/b\u00e0i  Ch\u00fang t\u00f4i ph\u00e1t tri\u1ec3n c\u00f9ng v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a doanh nghi\u1ec7p c\u1ee7a b\u1ea1n !"}
{"_id": "363186", "title": "", "text": "eallan already touched on this, but generally speaking there is a tendency in this country to lump unions together and put the shortcomings of one local or one unit or one member onto all of them. An example would be the issue of corruption; many people cry about rampant corruption in unions when in fact only somewhere between 1-2% of locals have ever had any corruption charges, whereas I'd be willing to bet that the corruption rate is much higher in the corporate world.  &gt; Honestly, I cant think of any reason for minimum wage paying jobs to have a union. If you think the wages are too low for cost of living then the minimum wage should be raised. These people have no special skills, little to no training, and usually no education.  Genuine question: What reasons do you think someone would/could have for joining a union? Why would base pay/education/skill level of the job be a consideration?    Just so we're on the same page: Collective bargaining came about because workers in certain areas were pissed-off enough that they realized that to improve their situation they had to come together as a group, because only as a group did they have any leverage. All workers have the right to collective bargaining, rights which were signed into law because pissed-off workers were doing it anyway, and the regulation of the practice helped smooth it out and drastically cut down on violence and debilitating drops in production.    It takes quite a feeling of injustice and exploitation when not friends, not family, but colleagues, some of which may not even like each other, start seeing that they share common problems, and decide to tie the fate of their working lives to one another. And give up like 1-2% of their paychecks. Especially in a country with an individualistic culture like the US.   So if workers at certain Wal-Marts feel like working conditions are that bad for them, then I can't see why they shouldn't organize."}
{"_id": "363192", "title": "", "text": "Just because both Time Warner and Comcast are already local monopolies in their respective areas of operation doesn't mean they are not reducing competition.  What it should be doing is revealing that innovative competition like Aereo should be supported and backed by regulators, not sued out of business."}
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{"_id": "363204", "title": "", "text": "\"Disregarding the particular example and focusing on the actual questions: YES, definitely, the whole concept of \"\"pump and dump scheme\"\" refers to the many cases when this was intentionally done; Everything has a limit, but the limit can be quite high, especially if starting from a low value (a penny stock) and if the stock is low volume, then inflating ten or hundred times over a real value may be possible; and any value might be infinitely times overvalued for a company that turns out to have a value of zero. Yes, unless it's done very blatantly, you should expect that the \"\"inflator\"\" has much more experience in hiding the signs of inflation than the skill of average investor to notice them.\""}
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{"_id": "363250", "title": "", "text": "My wife's uncle is a high quality Italian chef and constantly gets shat on for not having large enough portions.  His restaurant serves lamb and veal and generally good entrees.    People keep coming in expecting olive garden portions.   That's not the kind of place he tries to be.     He smokes his own duck for his pasta dish.    It's funny how people value a $2 bag of pasta for $17."}
{"_id": "363282", "title": "", "text": "\"&gt;\"\"We are renting entire airplanes, Boeing 747s, to ship on time. Anything else, like shipping by sea, loses so much opportunity.\"\"    It appears to be for freight. The premise of the article is that if they can get the hardware faster, thy can start mining faster, and the extra days are worth hiring an entire plane. I assume they are ordering a plane load worth of cargo to a time though.\""}
{"_id": "363285", "title": "", "text": "\"Time for a lawyer. Essentially, regardless of the situation \"\"it's not right\"\" for him to be paying the mortgage and only get half the value out of the equity in the house. All other things aside, no court I can think of would allow that. The \"\"could happens\"\" are many, but the most common include; Keep in mind that if he keeps paying the mortgage ling enough most courts will end up giving him ownership outright. Essentially, they will say he has already bought her out by paying her half of the debt.  Unfortunately, any way he goes he is going to need to take action. When there is a missed mortgage payment, a bad tax year, or some other legal issue (some one is injured on the property), the last thing he is going to want is for the courts to decide the issue for him. For example, John breaks an arm while climbing a tree on the property line. John takes the owners of the property to court. \"\"He\"\" says \"\"but my sister owns half\"\" and the courts decide then and there that because he's been paying the mortgage alone he owns the house alone. Seems like a win, except now he owns the liability alone, and owns John $1,000,000 for a silly lawsuit alone.  Point is this. Ownership of property comes with risks and responsibilities. \"\"He\"\" really needs to get those risks and responsibilities under control so he can mitigate them, or he could end up in a very nasty situation in the years to come.\""}
{"_id": "363300", "title": "", "text": "Bicycles Phoenix\u00a0is your ideal weblog that shares useful information about almost anything. We travel with our bicycle around the world just to gather the most interesting articles that we will deliver on this website. If you ever need a trusted blog that shares amazing content, then you are in the right place. Follow us on our journey of making this site the best medium for all the cool people like you! Have questions?\u00a0Contact Us!"}
{"_id": "363303", "title": "", "text": "&gt;[**\u041f\u0440\u043e\u0435\u043a\u0442 Dohaglobalinv. \u0414\u043e\u0445\u043e\u0434 \u0434\u043e 15 % \u0432 \u043c\u0435\u0441\u044f\u0446. \u0421\u043f\u043e\u0441\u043e\u0431 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435! \u041a\u0430\u043a \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0434\u0435\u043d\u044c\u0433\u0438? [6:11]**](http://youtu.be/VADn3u_PWl0)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435 \u043e \u043d\u043e\u0432\u043e\u043c \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u043e\u043d\u043d\u043e\u043c \u043f\u0440\u043e\u0435\u043a\u0442\u0435: Dohaglobalinv  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^3 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "363305", "title": "", "text": "You are going off on some tangents here. Yes, I agree, doctors and economists have different jobs and those skills won't transfer over necessarily.   What I do disagree with is your claim economists simply can not grasp why American healthcare is so much more expensive. You gave a reason that has already been well studied and accounted for by economists. Having a patient die on a table I'm sure is very emotional. I don't believe it is necessary for someone to experience to properly research why American healthcare is so expensive."}
{"_id": "363306", "title": "", "text": "\"People often have the wrong idea about how taxes apply to their money.  There's not really any such thing as \"\"pre-tax\"\" or \"\"post-tax\"\" income, only pre-tax and post-tax **uses** of your income.  This is somewhat hidden by the fact that we pay income tax based on our income for the year; but if you look a bit closer, you'll notice that come April 15th, (almost) every dollar you get to *subtract* from your gross income isn't defined by where it comes from, but rather, where it *went* (there are a few special cases there, like qualified dividends, that that's an entirely different issue).  Perhaps the most clear example of this is a traditional IRA that you self-fund from your savings account on April 14th, for the prior tax year - You're putting dollars you've already taken home, into a pre-tax account, *after* the end of the calendar tax-year; and yet it all works out exactly the same (tax-liability wise - There's certainly an opportunity cost there) as if you had contributed those dollars via a weekly payroll deduction.  So when you manually fund a Roth IRA, it has *no* effect on your tax liability (except insofar as you *don't* get to deduct it from your taxable income, which you wouldn't if you had left it in a savings account, etiher).  In the year you earned that money, you paid taxes on it; when you take it out, you won't.\""}
{"_id": "363335", "title": "", "text": "NL7 is right and his B-S reference, a good one.   Time decay happens to occur in a way that 2X the time gives an option 1.414X (the square root of 2) times the value, so half the time means about .707 of the value.  This valuation model should help the trader decide on exactly how far out to go for a given trade."}
{"_id": "363371", "title": "", "text": "Bush tax cuts and similarly. We no longer believe that the wealthy have to play by the rules. We perpetuate this notion because too many believe they too will be captains of great wealth.   The wealthy in turn have invested in emerging markets like china or commodities like gold. Basically its being horded by the wealthy and banks.   In a fixed money system like monopoly what happens? Someone wins and gets all the money. With inflation at least they are making more money so that eventually a huge withdrawl of cash from the system is healed. Because Monopoly was meant to be a cautionary tale of oligarchy."}
{"_id": "363378", "title": "", "text": "\"You definitely do want to avoid losing money on repeated currency conversions.  Remember they are making a profit every time you change your currency. A money market fund is basically like a 'savings account' mutual fund.  They are open like mutual funds, in that you can buy or sell at any time.  There don't tend to be fees of any kind (directly) as all management is paid for out of the interest/returns that the fund generates. So using a money market fund to hold the \"\"cash\"\" portion of your TFSA or any other account for that matter would be a normal (and \"\"free\"\") thing to do. Good Luck\""}
{"_id": "363379", "title": "", "text": "&gt; And a lot of them are similar bullshitters -- they wash each others backs basically.  So basically, you think they are all bullshiters and don't understand anything. So really, the idea of any of them understanding technology would be practically impossible."}
{"_id": "363418", "title": "", "text": "On the Canadian side of it, there are a few people I've spoke to about this that are not happy about it either. Tim Horton's is a very Canadian brand, and some are upset about an American company moving in. This happened in the 90s with Wendy's and there was a big public backlash then, although there are still a few Tim Horton's/Wendy's combos to be found still."}
{"_id": "363421", "title": "", "text": "\"Feel free to educate man. Everything I can find says the same thing.  [Investopedia](http://www.investopedia.com/ask/answers/100314/what-are-key-factors-cause-market-go-and-down.asp)  &gt;If there are a greater number of buyers than sellers (more demand), the buyers bid up the prices of the stocks to entice sellers to get rid of them. Conversely, a larger number of sellers bids down the price of stocks hoping to entice buyers to purchase.  Yes, if a company is performing well, you might find that more people want to buy then sale.  That would cause it to go up.  But if no one wants to buy, it doesn't matter how well the company is doing.  I mean really, how would that work?  Someone in the company notices they had more sales today then yesterday, email someone on wallstreet and they just mouse wheel the stock price up to something higher?  Say the stock is $1.00 right now.  But the lowest buy order is $.90.  and the highest sale order is $1.10.  (I guess there is some math there making is $1.)  As soon as someone says, yeah.  I'll sale at 90 cents, it'll go down.  If someone says yeah, I'll buy at $1.10 it'll go up.    I'm sure there is more to it than that.  But everything I can find.  It 100% has to have people more people wanting to buy then sale for it to go up.  If more want to sale then buy, it'll go down.   But hey, if this is way off base.  Go ahead and fill me in.  I'm open to CMV.  This was all found after a short amount of time researching [\"\"What makes stock prices go up?\"\"](https://www.google.com/search?q=What+makes+stock+prices+go+up%3F&amp;oq=What+makes+stock+prices+go+up%3F&amp;gs_l=psy-ab.3..0i71k1l4.43421.43421.0.43882.0.0.0.0.0.0.0.0..0.0....0...1.1.64.psy-ab..0.0.0....0.6Crfejzb3XY)\""}
{"_id": "363430", "title": "", "text": "In my experience earning interest is not enough to keep the account in a non-dormant state. If payment of interest was the trigger to reset the clock then no savings account would ever be considered dormant. In general as the account got close to the deadline we were notified that a single transaction moving money into or out of the account would reset the clock. I have had this happen in recent years with a bank account and a credit union account.  In researching for the exact definition of a dormant account I found this regarding interest on the FDIC website: That means that the state law may set the definition, it also means that you should look at the information regarding the bank policy. I did try and see if the rules for a credit union are the same. The added twist with a credit union is that if the account is closed, they are no longer a share holder and that brings into the discussion voting rights. So the policy/guidelines is even more complex. If the account does go inactive state law will define what happens to the account, and how you can get the funds back."}
{"_id": "363444", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://bruegel.org/2017/06/the-mariel-boatlift-controversy/) reduced by 88%. (I'm a bot) ***** &gt; Ethan Lewis evaluates two explanations for Card&amp;#039;s result:, whether after the boatlift Miami increased its production of unskilled-intensive manufactured goods, allowing it to &amp;quot;Export&amp;quot; the impact of the boatlift; and whether Miami adapted to the boatlift by implementing new skill-complementary technologies more slowly than they otherwise would have.  &gt; They model an economy where workers spend their wages on a locally produced good, then test it via a reexamination of the Mariel Boatlift and find strong evidence that the Boatlift augmented labour demand.  &gt; In 2015, Peri and Yasenov re-examined the wage and employment effect of the Mariel Boatlift, by using a synthetic control method to choose a control group for Miami so as to best match its labour market features in the eight years before the Boatlift.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fdbkf/bruegel_the_mariel_boatlift_controversy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136737 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **Miami**^#2 **high**^#3 **Mariel**^#4 **Borjas**^#5\""}
{"_id": "363451", "title": "", "text": "I watched FRAN drop 50% when their CEO resigned a year or so ago. From 20 a share to 10. Took a year to fully recover and then slid to below 10. Of course they are getting slaughtered with the rest of retail."}
{"_id": "363475", "title": "", "text": "\"&gt; The father-son team ultimately lost more than $140 million.  &gt; If the plea agreements are accepted by a judge, the two could face between two and five years in prison.  If I punched a man in the face with brass knuckles and robbed him, I would surely get more then 2-5 years.  These assholes scammed folks out of 140M+ and they get 2-5 years.  As my ole law professor said \"\"how much justice can you afford?\"\"\""}
{"_id": "363481", "title": "", "text": "Our cheap used 4wd in Adelaide are versatile, durable and efficient nearly like the new ones. We understand how boastful and luxurious 4wd cars are and that is why we want to help you own one at a pocket friendly price."}
{"_id": "363493", "title": "", "text": "&gt;As much as I think that shouldn't be necessary  Feel free to take that argument up with biochemistry.  &gt;I also find it hard to consider the possibility a bad thing.  Disregarding potential negative side effects, how on earth would it be a bad thing?"}
{"_id": "363495", "title": "", "text": "\"The point is that you need to figure out when a \"\"business expense\"\" is actually just a personal purchase. Otherwise you could very easily just start a business and mark all of your personal purchases as business expenses, so you never have to pay income taxes because you're handling all of your money through the untaxed corporation.\""}
{"_id": "363528", "title": "", "text": "My attempt to convey the shorthand report notes on file:    &gt;...bipartisan opposition at the capitol to the GOP health care bill. All three members of Vermont's congressional delegation joining the Republican Governor, and Republican and Democratic leaders of the state house and senate, all joining forces here to attack this new GOP bill...  It would send the budget into deficit or throw 51,000 Vermonters off health care completely.      &gt;The proposed deductions in Medicaid would leave our state with a budget deficit because  [we can't] absorb without cutting health services for the people who deserve it the most or significantly raising taxes... If you have heart disease, or get cancer, and are suddenly thrown off of health insurance... it is immoral, it's not acceptable.    &gt;Now it is rare to see leaders from all three parties speak out so forcefully here. Governor Scott, in particular, pleading with the Senate to slowdown, take a breath and draft something acceptable to both parties. He is back from a weekend in which he met with his fellow Republican governors, and said that many of the fellow GOP leaders feel as he does. Even conservative... minority leader Donald Turner, who supports health care reform said the Senate GOP repeal bill is not the answer. Some leaders saying the Medicaid cuts could force a number of our small rural hospitals to close."}
{"_id": "363546", "title": "", "text": "\"A company's valuation includes its assets, in addition to projected earnings. Aside from the obvious issue that \"\"projected earnings\"\" can be wildly inaccurate or speculative (as in the case of startups and fast-moving industries like technology), a company's assets are not necessarily tied to the market the company is in. For the sake of illustration, say the government were to ban fast food tomorrow, and the market for that were to go all the way to zero.  McDonald's would still have almost 30 billion dollars worth of real estate holdings that would surely make the company worth something, even though it would have to stop selling its products. Similarly, Apple is sitting on approximately $200 billion dollars in cash and securities in overseas subsidiaries.  Even if they never make another cent selling iPhones and such, the company is still worth a lot because of those holdings. \"\"Corporate raiders\"\" back in the 70's and 80's made massive personal fortunes exploiting this disconnect in undervalued companies that had more assets than their market cap, by getting enough ownership to liquidate the company's assets.  Oliver Stone even made a movie about the phenomenon. So yes, it's certainly possible for a company to be worth more than the size of the market for its products.\""}
{"_id": "363564", "title": "", "text": "The key is measuring.  Like any project you need to evaluate a baseline, make a change, then re-evaluate.  Otherwise you are blindly spending money to save, or worse, being manipulated by advertising.   Like Chris W. Rea said before me, using a tool like a Kill-A-Watt to measure the effectiveness of what you are about to do is the most important step.  For example, if you have an incandescent light bulb in a back part of your basement that you never turn on, it doesn't make much sense to replace that bulb with a $9 LED to save money.  If you have an empty freezer in your basement, turn that thing off.  Measure your power usage, then you can know for sure what is the most effective action. If you have a family like mine, the best of intentions still leave lights on all day or tvs on a screensaver all night.  Invest in simple automation like motion sensing outlets or light switches to automatically turn off power.  (It is my full time job to go around a turn off lights, and I want to retire)  The biggest payback that I know of is insulation and caulking of your home to make the energy you do use more efficient.  If you don't have enough insulation, that is a great place to start.  Here is a calculator to estimate the payback of adding insulation. The US government has a cool website with a bunch of tips for saving energy."}
{"_id": "363578", "title": "", "text": "That however does not change the fact that there are times and always will be where filtering on philosophy is in fact the right thing to do for the business and exactly what they'll do, whether they admit to it or not."}
{"_id": "363591", "title": "", "text": "If you were looking to maximize your ability to save in a qualified plan, why not setup a 401K plan in Company A and keep the SEP in B? Setup the 401K in A such that any employee can contribute 100% of their salary.  Then take a salary for around 19K/year (assuming under age 50), so you can contribute and have enough to cover SS taxes.   Then continue to move dividends to Company A, and continue the SEP in B.  This way if you are below age 50, you can contribute 54K (SEP limit) + 18K (IRA limit) + 5500 (ROTH income dependent) to a qualified plan."}
{"_id": "363602", "title": "", "text": "&gt;Bush  It didn't come out the banks committed fraud under Bush tho.  Nor did it come out about the whole sub prime loan mess either.    &gt;they were trying every trick in the book in order to try and reinstil confidence in the stock market and US financial system in order to convince people to start lending money again and break the country out of a deflationary liquidity cycle  I know, but that doesn't mean they couldn't have gone after the banks tho at the same time.  One could argue tho that going after the banks and throwing the crooks in jail would also help install public confidence in the economy as those guys where no longer running things.  &gt;Today, even if Sears going boom tumbled a bunch of other commercial real estate firms and retail stores, it wouldn't suddenly make the banks insolvent in the short run.  Totally missed the point here.  Its much more has to do with who is president than anything else.  Trump is gutting the government as much has possible to make it as ineffective as possible.  He's going to give a pass on Eddie here."}
{"_id": "363610", "title": "", "text": "Borrowing money from the Federal Reserve (or other central banks) requires full collateral, generally in terms of treasury bonds. In that sense it is only a source of liquidity - getting short term money by pledging guaranteed future cash flows, not random commercial loans. To get a dollar from FR today requires freezing a dollar that you already had. Private deposits, on the other hand, require only a keeping a fraction of them as reserves, so you can use the rest of the money for new loans."}
{"_id": "363631", "title": "", "text": "Bingo. And remember, hedge funds are for a specific kind of investor (UHNW, institutional) as a *hedge* against when things go bad.   I won't argue against the fees being exorbitant. And I certainly think that the explosion of funds has led to a lot more people just trying to beat the market (instead of providing a differentiated strategy).   HFs will always get slammed in times like this because of what they charge. But any of the good ones (at least on the equities side) are always likely to struggle to beat the benchmark when the benchmark is a roaring bull. Some judgement really should be reserved for times of distress"}
{"_id": "363652", "title": "", "text": "You can actually hold cash in your account as long as the manager has reason to believe it is awaiting investment. As for your question, some near cash equivalents are: It's difficult to go into more detail about which investments are eligible due to the variety of risk characteristics, but you can certainly find investment opportunities in the assets mentioned above. A good money manager can advise you better since he'll have an idea of their risk characteristics as well as tax status."}
{"_id": "363655", "title": "", "text": "You would need to setup a company (even if it's just a sole proprietorship, in the US) to be able to apply for a true merchant account.  And thus have a terminal; either real or virtual in your home or business. However, many services such as paypal allow you to accept credit cards (both online and with a card reader) and when the customer is billed it appears as paypal + your account name.  So you essentially have the benefits of a merchant account, without having to set one up."}
{"_id": "363658", "title": "", "text": "**Democracy Index**  The Democracy Index is an index compiled by the UK-based Economist Intelligence Unit that measures the state of democracy in 167 countries, of which 166 are sovereign states and 165 are UN member states. The index was first produced in 2006, with updates for 2008, 2010 and the following years since then. The index is based on 60 indicators grouped in five different categories measuring pluralism, civil liberties, and political culture. In addition to a numeric score and a ranking, the index categorizes countries as one of four regime types: full democracies, flawed democracies, hybrid regimes and authoritarian regimes.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot/)   ^] ^Downvote ^to ^remove ^| ^v0.22"}
{"_id": "363674", "title": "", "text": "See I believe that it's pretty in the open. A shell company whose only purpose is to license out some intellectual property to an affiliate company should be easy to spot. A company with 5 employees and a tiny office should not be claiming millions of income that originated in an affiliate company. My point is that these things are not clearly defined in the code and should be, not that they are necessarily being hidden. I've seen at least 5 articles in the last year similar to this one about other large companies, so I wish congress and whoever else would do something about it."}
{"_id": "363678", "title": "", "text": "Don't switch just because you hear people panicking on the talk shows. Banks are competitive business and won't start charging for using debit cards too fast. If and when they decide to do such a thing after all - then start shopping and see who doesn't catch up with the fees and still provides the services you want for the price you're willing to pay."}
{"_id": "363679", "title": "", "text": "\"&gt;We are talking about the SEC conference, right? A bachelor's degree, right? Four years of that is $25K-$50K (depending) just in tuition, and it completely ignores books, or inflated housing, or opportunity cost. So WTF are you on? Less than 10K? Do you mean annually??  50k? For fucking who? Vandy? Everyone else is &lt;20 in state, max, before scholarships. They're cheap as hell, and COLA is cheap as hell in most of the college towns.  Keep saying finance \"\"pays worse than trades.\"\" Fucking idiotic.  I graduated a while ago. Been in finance and consulting, know the market well. All of your ideas about the field are **embarassingly wrong.**\""}
{"_id": "363681", "title": "", "text": "130k in LA?  That's not life-changing or anything.  Do the usual: save money, buy used cars, cheapest rent you can live with, etc.  If it was me, I'd be researching the local housing market.  Save cash until you find a deal you like.  Work the numbers, do your homework.  You're the finance guy - you should know what a good deal looks like."}
{"_id": "363691", "title": "", "text": "I think you got the message mixed up a little: Racking up big balances can hurt your scores, regardless of whether you pay your bills in full each month.   What's typically reported to the credit bureaus, and thus calculated into your scores, are the balances reported on your last statements. (That doesn't mean paying off your balances each month isn't financially smart -- it is -- just that the credit scores don't care.)   You typically can increase your scores by limiting your charges to 30% or less of a card's limit. -- from 7 Ways to Fix Your Credit Score In other words, ALWAYS pay off your balance if you can. But don't fill up your card to the max of your credit limit each month. i.e. if your credit limit is $5000, only spend $2000 each month."}
{"_id": "363707", "title": "", "text": "Ok what part of this conversation would have you believe that I would be ok with any theft funded endeavor? Khan Academy is already a viable replacement that is not funded by theft. There are also many other's like it. The ends do not justify the means. Institutionalized theft is wrong no matter what the excuse you think justifies it."}
{"_id": "363719", "title": "", "text": "\"As ChrisInEdmonton describes, shorting has an asymmetric risk/reward ratio. And put options have a time cost, if you think the market is overvalued and buy lots of puts, but they expire before the market finally corrects, you can lose your entire investment.  Betting on market timing of any kind is extremely difficult to do, some would argue it's impossible. \"\"The market can remain irrational longer than you can remain solvent\"\" is a favorite wall street trader saying. Instead of playing a game that's difficult to win, the better option is to play one you can win. That's to learn how to value individual investments well and accumulate cash until you can find investments that are under-valued to invest in. The best way to learn to value investments is to read Graham and Buffett. \"\"The Intelligent Investor\"\" is a good starting point, and you can read all of Buffett's investor letters for the last 30 years + for free on the Berkshire Hathaway web site. Finally the textbook on valuing stocks and other investments is \"\"Securities Analysis\"\" the 6th edition is only version to get, it was updated with Buffett and other leading value investors oversight. A basic overview of valuing investments is that every investment has an \"\"intrinsic value\"\" consisting of it's future cash flows, discounted for the time it takes to receive them. The skill is being able to estimate how likely those cash flows are to happen. a) Is it a good business? Does it have a moat, i.e. barriers that make it hard for competitors to duplicate it? b) Will management invest or distribute those cash flows wisely? Then your strategy is to not even worry about the market, spend your time looking at individual stocks and investments and wait until some come along that's well undervalued. That may be during a market correction, or it may be tomorrow. And it's not just good enough to intelligently value your investments, you also have to have psychological fortitude to not panic and to think for yourself. Buffett describes it best. Ben Graham, my friend and teacher, long ago described the mental attitude toward market fluctuations that I believe to be most conducive to investment success. He said that you should imagine market quotations as coming from a remarkably accommodating fellow named Mr. Market who is your partner in a private business. Without fail, Mr. Market appears daily and names a price at which he will either buy your interest or sell you his. Even though the business that the two of you own may have economic characteristics that are stable, Mr. Market\u2019s quotations will be anything but. For, sad to say, the poor fellow has incurable emotional problems. At times he feels euphoric and can see only the favorable factors affecting the business. When in that mood, he names a very high buy-sell price because he fears that you will snap up his interest and rob him of imminent gains. At other times he is depressed and can see nothing but trouble ahead for both the business and the world. On these occasions he will name a very low price, since he is terrified that you will unload your interest on him. Mr. Market has another endearing characteristic: He doesn\u2019t mind being ignored. If his quotation is uninteresting to you today, he will be back with a new one tomorrow. Transactions are strictly at your option. Under these conditions, the more manic-depressive his behavior, the better for you. But, like Cinderella at the ball, you must heed one warning or everything will turn into pumpkins and mice: Mr. Market is there to serve you, not to guide you. It is his pocketbook, not his wisdom, that you will find useful. If he shows up some day in a particularly foolish mood, you are free to ignore him or to take advantage of him, but it will be disastrous if you fall under his influence. Indeed, if you aren\u2019t certain that you understand and can value your business far better than Mr. Market, you don\u2019t belong in the game. Lastly learning to value investments isn't just useful in the stock market, they are applicable to investing in any investment such as bonds, real estate, and even buying your home or running a business.\""}
{"_id": "363726", "title": "", "text": "\"Mint is one alternative. If you want the raw data in CSV format, you can use \"\"Export\"\" feature under\""}
{"_id": "363736", "title": "", "text": "\"We need to fix this sub. Bots and spam are ruining it.  Why are there no mods doing anything?  Between /u/PostNationalism and /u/PhocionPubliusHam they have over half of all of the posts on the front page of this sub.  This is straight propaganda. /u/PhocionPubliusHam is a freaking bot that keeps posting anti-trump threads. Regardless of what you think about the president, this isn't what this sub is about.  Take a look, the \"\"user\"\" /u/PhocionPubliusHam (It) has over 7,000 karma and 0 comment karma. They don't even try to hide that is a bot just spamming!  It has posted over 500 different threads in the 2 months it has been active, without making a single comment. Take a look at what all the threads are about, I'm sure you will be shocked. its probably a bot for /u/postnationalism as he is another anti-trump spammer.  What are the other moderators going to do about this?  I'm getting really sick and tired of this and it is becoming more and more blatant every day by MANY USERS.\""}
{"_id": "363740", "title": "", "text": "It is important to get the best compatible Vacuum Pump Oil, if use the vacuum pump. At VacOil, you can find a wide range of pump oils which can fulfill the vacuum cleaning needs with absolute ease and can maximize the durability of the vacuum pump. Available at varied price points, these are pretty affordable to have."}
{"_id": "363741", "title": "", "text": "I wrote about this a while back: http://blog.investraction.com/2006/10/mutual-funds-dividend-option-or-growth.html In short: Growth options of a mutual fund scheme don't pay out any money, they reinvest the dividend they receive. Dividend options pay out some money, at different intervals, based on the surplus they accumulate. In India, the options have very similar underlying portfolios, so HDFC Equity Fund (Growth) and HDFC Equity Fund (dividend) will have the same percentage allocation to each stock. Update: I also have a video you might want to see on the subject: http://www.youtube.com/watch?v=Bx8QtnccfZk"}
{"_id": "363748", "title": "", "text": "The trickiest thing is the federal tax. It's typical to withhold 25% federal on this type of event. If your federal marginal rate was already towards the top of that bracket, you'll owe the missing 3% as you enter the 28% bracket. Nothing awful, just be aware."}
{"_id": "363753", "title": "", "text": "Don't over think about your choices. The most important thing to start now and keep adjusting and tuning your portfolio as you move along in your life. Each individual's situation is unique. Start with something simple and straight forward, like 100 - your age, in Total Stock market Index fund and the remaining total bond market index fund. For your 401k, at least contribute so much as to get the maximum employer match. Its always good if you can contribute the yearly maximum in your 401k or IRA. Once you have built up a substantial amount of assets (~ $50k+) then its time to think more about asset allocation and start buying into more specific investments as needed. Remember to keep your investment expenses low by using index funds. Also remember to factor in tax implications on your investment decisions. eg. buying an REIT fund in a tax advantaged account like 40k is more tax efficient than buying it in a normal brokerage account."}
{"_id": "363772", "title": "", "text": "Not necessarily. If you have a family you may be less likely to leave your job because you depend on the income a lot more than if you were single or without kids. When you are responsible for the well being of others you will think twice before quitting your job or slacking off."}
{"_id": "363784", "title": "", "text": "Google already owns 8% of Uber and would make sense to cover basis.   Google is sitting on $90b with less than $4b debt.  Wanted to provide a source but this is old and indicates 7% but it is 8%.   Best I can do on MOBILE;).  https://www.quora.com/What-percentage-of-Uber-does-Google-own"}
{"_id": "363792", "title": "", "text": "Don't do business with someone who is screwing you, and if you do business with someone who is screwing you, don't try to force someone else to come in and make them stop screwing you. Just don't do business with them.   It's super simple, but people will make a trillion excuses about it."}
{"_id": "363794", "title": "", "text": "So, you agree that there *is* a slope, already, and that as a society we're still capable of negotiating it?  Does this mean that you'd also agree that if there was sufficient evidence that hate mongering was resulting in demonstrable harm, you'd agree that it belongs in the same category?"}
{"_id": "363798", "title": "", "text": "\"I don't understand why he couldn't just log onto his account online, see the \"\"current balance\"\" and pay that?   I've got 4-5 credit cards (2 of them are Chase) and they *ALL* have an online portal which will show you a daily-calculated \"\"current balance\"\" right on your screen... you can then enter in your checking account and transfer over that amount to pay the whole thing off virtually instantly.   Does Chase continue to charge interest even after the balance goes to $0?\""}
{"_id": "363810", "title": "", "text": "\"If you're losing money or breaking even, you own a bad investment.  The problem you have is that you are emotionally invested in your tenant. That isn't a bad thing in general but it's costing you money and, unless interest rates fall enough to justify a refi or property taxes go down in your area, that's kind of unlikely to change.  Option #1 - Tell your wife that you are willing to accept a loss up to a certain level because of your long term relationship with your tenant. In a perfect world, the two of you would then discuss what the \"\"magic number\"\" would be where you got out and come to a compromise. For example, if you are comfortable losing up to $3,000 per year and she is unhappy with any loss, you may agree on selling the house when your losses climb to $1,500. In a less perfect world, it would cause an argument as she has already told you what she wants you to do.  Option #2 - Raise the rent to the break even point. From what you've said, this will likely result in the loss of your tenant but you could then rent to someone else for significantly more.  Option #3 - Sell the house. It's an investment property which means it's supposed to make money for you. It can do that very quickly by way of a sale and then it's no longer your problem. Option #4 - Sell the house to your tenant. You bought it for $50,000 and it's currently worth $150,000 (roughly). The problem you face is that property taxes have gone up and caused your mortgage to increase past your tenants ability to pay. My guess is, after 15 years, your payoff is somewhere in the high $20's to mid 30's assuming you got a 30 year loan and haven't refinanced. If you sell to her for say $75,000 (or even up to $90,000) you will still make a profit (wife is happy), she will get a mortgage she can afford and be able to stay in the house (you and the tenant are happy). Added bonus is that her property taxes would be lower (assuming a different rate for investment property in your area). I would discuss this at length with your wife as well before making such an offer.  Option #5 - Get a property management company. As mentioned above, they will keep a percentage but will remove your emotions from the equation altogether and turn the situation into a winner.  I don't know if your wife is right in saying you don't have the stomach for this, but I do think your heart is getting in the way in this particular situation. I get the feeling that if your tenant was 25 years old and had only been renting from you since last October, you would have no problem raising the rent to market levels at every renewal.\""}
{"_id": "363817", "title": "", "text": "Interest rates can't remain this low. It's like having extremely low blood pressure. When you raise the rates, banks are incented to loan money and that movement of capital is good for the economy. It forces us to become savers instead of spenders, and our pensions, 401ks, social security are all getting killed by not being able to use debt to get safer stable returns.  Interest rates have to come back up."}
{"_id": "363820", "title": "", "text": "Yes, and heres some pretty scary stats.  Global debt went from about 200% of GPD in 2007 to 325% of GDP today.  Global Debt is about 2.5x more than the value of global broad money (all the money in the world).  The value of the derivatives market has increased to 6x the value of all global debt.  Meaning a global market of packaging and trading debt exists that is 6x the value of the debt being traded, and 15x the value of all the money in the world."}
{"_id": "363831", "title": "", "text": "big banks are not the only Big Money out there.  In fact, big banks have way more oversight than most other businesses.  Everyone uses banks for most things.  It's kind of hard NOT to these days.  But banks are built to handle money.  That's what they do!  Of COURSE banks are almost always involved in everything that requires money.  I don't understand why you brought this up at all.  It doesn't really support your point, and has little to do with my point."}
{"_id": "363832", "title": "", "text": "For DACA Immigration Attorney, contact Immigration Law Group, PC (ILG) at 1300 Connecticut Ave. NW, Suite 525, Washington, DC 20036, Phone: 202-416-1789. ILG is a Washington, D.C. law firm which practices exclusively in US immigration law. ILG represents a wide variety of clients from around the world. Call today to arrange an in-person consultation or get more information at http://www.immigrationgroup.com/CM/Custom/DACA_deferred_action.html"}
{"_id": "363837", "title": "", "text": "I will no longer buy phones. I will in future buy mobile computers that have the ability to make phone calls and send text messages.  My bet is that there are a lot of people who think like that. Any company that doesn't realize this will be in serious trouble."}
{"_id": "363853", "title": "", "text": "\"&gt;I have worked in civil engineering for 20 years  O shit, you must be an expert on all things that have anything to do with infrastructure. \"\"Civil engineering\"\" is so fucking broad that you having 20 years experience \"\"in\"\" it means pretty much nothing. Additionally, who knows what you actually do in civil engineering. You could be a fucking secretary for all we both know.  &gt;what you describe would turn American sprawl into SE Asian slums over night.  What exactly is it that I described? I didn't really give many particulars about anything yet you jump to an over-exaggeration and a piss poor argument.  &gt; India has more zoning laws than the US including a whole crap load of religious ones  Source? Additionally, not all laws are created equal, but you should know that.  Now, please kindly fuck off.\""}
{"_id": "363874", "title": "", "text": "Not really.  Most people, when left to their own devices (and when they know they can get away with it), will not get very much work done.  This is why bosses and managers were a necessity in the first place.  It's also why 99% of the population can't handle running their own business: they have no self discipline."}
{"_id": "363899", "title": "", "text": "The problem with commodities is that they don't produce income. With a stock or bond, even if you never sold it to anyone or it wasn't publicly traded, you know you can collect the money the company makes or collect interest. That's a quantifiable income from the security. By computing the present value of that income (cf. http://blog.ometer.com/2007/08/26/money-math/) you can have at least a rough sense of the value of the stock or bond investment. Commodities, on the other hand, eat income (insurance and storage). Their value comes from their practical uses e.g. in manufacturing (which eventually results in income for someone); and from psychological factors. The psychological factors are inherently unpredictable. Demand due to practical uses should keep up with inflation, since in principle the prices on whatever products you make from the commodity would keep up with inflation. But even here there's a danger, because it may be that over time some popular uses for a given commodity become obsolete. For example this commodity used to be a bigger deal than now, I guess: http://en.wikipedia.org/wiki/Frankincense. The reverse is also possible, that new uses for a commodity drive up demand and prices.  To the extent that metals such as silver and gold bounce around wildly (much more so than inflation), I find it hard to believe the bouncing is mostly due to changes in uses of the metals. It seems far more likely that it's due to psychological factors and momentum traders. To me this makes metals a speculative investment, and identifying a bubble in metals is even harder than identifying one in income-producing assets that can more easily be valued. To identify a bubble you have to figure out what will go on in the minds of a horde of other people, and when. It seems safest for individual investors to just assume commodities are always in a bubble and stay away. The one arguable reason to own commodities is to treat them as a random bouncing number, which may enhance returns (as long as you rebalance) even if on average commodities don't make money over inflation. This is what people are saying when they suggest owning a small slice of commodities as part of an asset allocation. If you do this you have to be careful not to expect to make money on the commodities themselves, i.e. they are just something to sell some of (rebalance out of) whenever they've happened to go up a lot."}
{"_id": "363911", "title": "", "text": "The College Board offers a calculator.  (Targeted to US residents; not sure how the figures will differ for Canada and other countries.)  Keep in mind that college costs typically increase faster than inflation.  When I attended in 2001-2005, my college's tuition costs increases ranged from 4 to 6%."}
{"_id": "363919", "title": "", "text": "I buy or sell a few shares whenever I have a small amount of money to transfer into out of my mutual funds. Since I'm not paying transaction fees, there is no reason not to, when that is what makes sense. If you are paying a fee for each transaction, of course it makes sense to try to wait until you have a larger amount to move so the overhead per share is lower."}
{"_id": "363951", "title": "", "text": "\"I'd argue that a significant amount of young people, even the majority, are fiscally conservative.....however they align with Democrats because they don't want to associate themselves with the social bigotry and intolerance of the GOP (and Tea Party).  If only we could have a fiscally conservative party that just let people do what they wanted to do with their personal lives.....well, we do, but obviously libertarians aren't \"\"electable\"\"  EDIT: I'm amazed that the fed spends 7 times more on people over 65 than children.  Wow.\""}
{"_id": "363960", "title": "", "text": "Most of the time, your tax only reduces by the current marginal rate - meaning you would only reduce your tax by 28% to 25% depending on which part of the bracket you're in. However, in the area around 100k, there are cases where reductions will have more of a marginal effect than that.  You'll never reduce it more than 100%, but you can reduce it by 35-40% despite being in the 25% bracket. That is because of certain deductions and credits which phase out beginning around 80k-120k; things like the IRA deduction, the Child Tax Credit, Childcare Tax Credit, and similar.  Since many of them phase out in this range, additional dollars cost you your marginal rate (25%) plus the percentage of the credits or deductions which phase out here, which might bring you up another 10% or so."}
{"_id": "363984", "title": "", "text": "For most business purposes, Gmail/ Outlook should suffice. Just make sure your username sounds professional enough.   Try and stick to FirstName+LastName @ Gmail/Outlook dot com, if that's available. You could also get yourself NameOfYourBusiness @ Gmail/ Outlook dot com  If you want to come across as a well established business, and only if you've some cash to spare every year, getting yourself a domain name would be a good idea. But, if your business/ services aren't too popular, yet; I'd suggest you defer that expense."}
{"_id": "364003", "title": "", "text": "I disagree and thankfully so does basic economics. If a business that is not successful shutters, then the needs that that business was fulfilling will be provided by a new business. The market usually finds a way.  And no one is suggesting that random, arbitrary minimum wage increases are wise, simply that it makes no sense to have a minimum wage that doesn't mandate a livable salary."}
{"_id": "364005", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-venezuela-politics-idUSKBN1A20BR) reduced by 79%. (I'm a bot) ***** &gt; Now, opposition leaders are promising &amp;quot;Zero Hour&amp;quot; in Venezuela to demand a general election and stop the leftist Maduro&amp;#039;s plan to create a controversial new legislative super-body called a Constituent Assembly in a July 30 vote.  &gt; In three questions at Sunday&amp;#039;s event, opposition supporters voted overwhelmingly - by 98 percent - to reject the proposed new assembly, urge the military to defend the existing constitution, and support elections before Maduro&amp;#039;s term ends, according to academics monitoring the vote for the opposition.  &gt; Sunday&amp;#039;s nearly 7.2 million participation compared with 7.7 million opposition votes in the 2015 legislative elections that it won by a landslide and 7.3 million votes for the opposition in a 2013 presidential poll narrowly won by Maduro.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o5y1b/the_trump_administration_is_preparing_sanctions/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170171 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **opposition**^#1 **vote**^#2 **Maduro**^#3 **election**^#4 **Sunday**^#5\""}
{"_id": "364015", "title": "", "text": "You don't mention where you live, but in the US, zoning laws, building codes, and insurance rules, would make this difficult if not impossible. People do convert shipping containers into housing, but they have to be modified to conform with local rules for habitability. This makes them more expensive then say, a trailer or a mobile home."}
{"_id": "364035", "title": "", "text": "\"Last week someone actually did the \"\"You know the difference between involvement and commitment? It's like breakfast - the chicken is involved and the pig is committed.\"\"  I said (yes, out loud) \"\"Who *really* wants to be the pig in this scenario?\"\"\""}
{"_id": "364042", "title": "", "text": "Especially now nowadays. A solid 40% of my graduating class is either unemployed or underemployed. We're happy to get whatever we can that pays a half-decent wage and will work damned hard to keep it because we know there are literally thousands of other equally talented people willing to do our jobs."}
{"_id": "364043", "title": "", "text": "And then, in a few years, Tim Hortons will buy out Burger King, just like it did when Wendy's owned it.  It's like that movie *Demolition Man* - only instead of all the restaurants being Taco Bell, they'll be Timmies.  I hope hat means they'll improve their coffee."}
{"_id": "364048", "title": "", "text": "Yeah let's see how many stores they have open in 2020. $11-15 an hour retail jobs are only going to accelerate what online retailers are doing to their bottom line now. They can't afford to make lower profits AND sell less product."}
{"_id": "364056", "title": "", "text": "The idea behind a Roth IRA is taxes will go up in the future so you are best off paying less in taxes now than in the future, which is why Roth IRAs are contributed to with post-tax dollars whereas traditional IRAs are contributed to with pre-tax dollars. The theoritical advantage comes when you want to withdrawal your money. With the traditional IRA, when you withdrawal money, you pay ordinary income tax on all withdrawals. With a Roth IRA, all withdrawals (after the age of 59 1/2) are tax free, including any gains you may have made. To illistrate, with a very simple example, assume you make $50,000 and your IRA grows at 5% for 40 years. Traditional IRA - $5,000 Roth IRA - $3,750 ($5,000 after taxes) Traditional IRA - $604,000 Roth IRA - $453,000 Traditional IRA - $604,000 / 15 = $40,266 * 75% (25% tax) = $30,200 / year Roth IRA - $453,000 / 15 = $30,200/ year First, this was not a contrived example and I was surprised the numbers worked out this way. Second, as you can see with this example there is really no advantage either way unless you by into the theory of higher taxes in the future."}
{"_id": "364058", "title": "", "text": "\"Summarized article: Walt Disney Co. has agreed to acquire filmmaker George Lucas' Lucasfilm Ltd, including the \"\"Star Wars\"\" and \"\"Indiana Jones\"\" franchises, for $4.05 billion.  Under the agreement, Disney will pay half of the purchase in cash and the rest by issuing 40 million shares of stock.   In addition, the acquisition will give Disney ownership of special-effects company Industrial Light &amp; Magic, sound company Skywalker Sound and video game publisher LucasArts.  The current chief executive of Lucasfilm, Kathleen Kennedy, will become president of Disney's Lucasfilm unit.   Disney also announced plans to release a seventh live-action \"\"Star Wars\"\" movie in 2015 with George Lucas as creative consultant.  The acquisition must be approved by regulatory authorities before it can close.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit\""}
{"_id": "364074", "title": "", "text": "You linked to an article about 1 QUARTER in 2010 -  &gt;If companies pay their employees more for the same amount of output it will just drive up the cost of goods leaving us with the same shitty demand.  &gt;Also, how do you figure this?  I figure this because it is the simplest economics. The cost of goods sold is based on 3 things  1 - raw materials 2 Labor, including associated costs such as payroll taxes and benefits, and 3 - overhead  If #2 is increased with NO INCREASE IN OUTPUT the cost of those goods is going up."}
{"_id": "364091", "title": "", "text": "We are 1 of only a handful of dentists in the USA currently licensed to place non-metal implants. Please call us today for a FREE CONSULTATION. Dental Zirconiumoxide Implants \u2013 METAL FREE We are proud to announce that we are now offering METAL FREE FDA approved Dental Implants."}
{"_id": "364099", "title": "", "text": "Certainly, paying off the mortgage is better than doing nothing with the money. But it gets interesting when you consider keeping the mortgage and investing the money. If the mortgage rate is 5% and you expect >5% returns from stocks or some other investment, then it might make sense to seek those higher returns. If you expect the same 5% return from stocks, keeping the mortgage and investing the money can still be more tax-efficient. Assuming a marginal tax rate of 30%, the real cost of mortgage interest (in terms of post-tax money) is 3.5%*. If your investment results in long-term capital gains taxed at 15%, the real rate of growth of your post-tax money would be 4.25%. So in post-tax terms, your rate of gain is greater than your rate of loss. On the other hand, paying off the mortgage is safer than investing borrowed money, so doing so might be more appropriate for the risk-averse. * I'm oversimplifying a bit by assuming the deduction doesn't change your marginal tax rate."}
{"_id": "364100", "title": "", "text": "Supplier of\u00a0Quartz\u00a0Powder in India http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php Supplier of Quartz Powder in India, Manufacturer of Quartz Powder in India - We are prominent company engaged in offering superior quality Quartz Powder. We provide Quartz powder in the form of snow white, milky white, super semi and semi white. Quartz powder is used for fiber glass, glass floats, insulator, sanitary ware, refractory, paint, television picture tube and semi-conductors."}
{"_id": "364112", "title": "", "text": "Schwab High Yield Investor Checking does not charge for incoming wires."}
{"_id": "364131", "title": "", "text": "As I stated in my comment on @JCotton's answer, the only way you benefit by putting your money in an IRA or other tax-deferred vehicle is if you expect to have a lower tax rate when you withdraw than when you put the money in.  If you look at @JCotton's numbers and remember to pay taxes when you withdraw the money in 30 years, you will see that both situations - paying taxes now or 30 years from now - give you the exact same dollar amount if the tax rates are the same at both points in time.  So if you put money in an IRA, you're betting on the fact that the government will not substantially raise interest rates by then, and/or that you will be in a lower tax bracket. To me, the only valid reasons to invest in an IRA or 401K are the following: However, you should also consider the major downside that the money is locked away and, at best, inconvenient to access when you need it.  At worst, you have to pay taxes and penalties if you ever withdraw that money.  If you are a financially responsible person, I think you're generally better off keeping your money outside of an IRA or 401K, with the exception of making sure to get all of your employer's matching contributions."}
{"_id": "364138", "title": "", "text": "It's her car.  Unlike what Ross said in the comments she can't sign it over to you--she doesn't own it yet.  The best you'll be able to do is have her leave it to you in her will--but beware that you very well might need to refinance the loan at that point."}
{"_id": "364148", "title": "", "text": "\"You're probably best off going to a different store to fix the computer. Right now you don't have \"\"damages.\"\"  You could sue him but, there's no thing to sue for.  If you sue for your original costs, you'd have to return the computer and probably only receive a portion of your original costs, less court filing fees. If you have someone else fix your computer you can sue him for the cost to fix your computer.  You'll take him to small claims court, win or lose you probably won't get anything from him.  If you win, you'll have a piece of paper (judgement) that says, \"\"Yep, that guy owes you money\"\" if you lose you won't even have that. You could report him to the BBB or some other business agency but that doesn't help you fix the computer.\""}
{"_id": "364159", "title": "", "text": "\"Eh, that doesn't really make for healthy negotiations. Consider the converse argument: \"\"a candidate should put their acceptable salary range on their resume.\"\" Every hiring manager is going to offer you your lowest acceptable salary. You might have gotten more money had you not freely offered that information.\""}
{"_id": "364180", "title": "", "text": "I thought windows 8 RT tablets were shifty too, especially when I was selling them, but then I got one. The Nokia 2520, and I couldn't be happier. Windows 8RT is for users who want a tablet to use as a tablet. Full Windows 8 tablets are tablets that replace laptops."}
{"_id": "364181", "title": "", "text": "Looks like over 50% of the population owns stock that isn't uber rich. Having some money doesn't make you a bad guy or less deserving of earning money on stock. What exactly is the problem? It benefits the stock holders who are normal people  Broke people don't own stock."}
{"_id": "364210", "title": "", "text": "&gt; You can't be both down on patents and vigorously defending your own dubious patent.  I disagree.  You could argue that Bezos is lying about wanting to change the patent system, but I see no contradiction with his statement.  Besides, if Amazon stopped enforcing their patents, the system would be unaffected.  Their goal here is to change the system."}
{"_id": "364213", "title": "", "text": "&gt;Fed Up was pretty great. Also Sugar Coated is one of my favorite food docs ever.  Yeah, except while sugar is not great (particularly for teeth), it's alone isn't responsible for the health decline of the western population.  You can take out sample of body fat from people and through lab work tell where it came from, and it's overwhelmingly not through carbohydrates but from dietary fat (whethery animal or plant)."}
{"_id": "364219", "title": "", "text": "You report each position separately. You do this on form 8949. 7 positions is nothing, it will take you 5 minutes. There's a tip on form 8949 that says this, though: For Part I (short term transactions):  Note. You may aggregate all short-term transactions reported on   Form(s) 1099-B showing basis was reported to the IRS and for which no   adjustments or codes are required. Enter the total directly on   Schedule D, line 1a; you are not required to report these transactions   on Form 8949 (see instructions). For Part II (long term transactions): Note. You may aggregate all long-term transactions reported on Form(s)   1099-B showing basis was reported to the IRS and for which no   adjustments or codes are required. Enter the total directly on   Schedule D, line 8a; you are not required to report these transactions   on Form 8949 (see instructions). If the 1099B in your case shows basis for each transaction as reported to the IRS - you're in luck, and don't have to type them all in separately."}
{"_id": "364224", "title": "", "text": "Tesla is valued like a company that has self-driving car hardware already in every car they're selling right now, that they can switch on overnight once the software is ready. They're valued as a company that will create a driverless transportation service that those cars will be able to work under so that they can take over all of the Uber business, without having to pay for drivers. After that's up and running, Tesla can make as many cars as they can crank out and just set them loose on the transportation service, allowing every car they build to work around the clock to provide rides, giving the company a much more substantial long term profit on each car than simply selling the cars to individuals.   That's the kind of company they're being valued like."}
{"_id": "364233", "title": "", "text": "America and the rest of the West should stop looking backwards and forwards towards developing an advanced, service based economy. Really, if your job can be done by an immigrant with limited English skills or by an overseas worker in China, do you really deserve to have that job?"}
{"_id": "364237", "title": "", "text": "Hahahaha its not only the poor, the lower and lower-middle class represent millions of americans with an active role in the economy. Are you seriously gonna defend 50 Billonaires who have never struggled in life vs 50 million americans who struggle everyday? This kind of thinking is un-american no wonder you Trump supporters dont mind about Russia colluding with the current administration"}
{"_id": "364255", "title": "", "text": "I'm not gonna act like I invest in real estate, but I'm relatively well read on the subject and have family who invest as well.   I think of a house like a stock, sort of. Say you get a mortgage, fix up the place, and rent it out for 1500. These renters will be covering the mortgage payments each month, plus possibly a little bit more. You're not making bank on the $100 profit each month on the rent after you pay the mortgage payment, you're making it on appreciation.   Just like a stock, the appreciation isn't realized until you sell it. The fastest way to make money in real estate (depending on who you ask) is to buy a house below market value, fix it up a bit, rent it out while it appreciates, and hopefully sell high.   There's 100's of other ways to make money in real estate, but that's the gist of how a lot of people do it. Hope this helps!"}
{"_id": "364258", "title": "", "text": "Due to the nature of the content why wouldn't you post it if it may be true?!   We're talking about water here which unlike US dollars can not be created from nothing and is vital for life. If people get up and arms and it turns out to not be true, whats the harm?   Now consider the opposite, the only way thats a valid approach is if you are a lobbyist."}
{"_id": "364264", "title": "", "text": "No idea how he gets Zimbabwe as a reference point.  But America certainly would look very different without Anglo-Saxon / European founding.  Anyone know a country or foreign land that was colonized by a predominantly African indigenous people?   EDIT:  I've no idea how the guy gets Zimbabwe.  It's in the SE of Africa and all the ports for slave trade were on the far West horn.  I guess a lot of the slaves came from the interior of Africa, but to pick off Zimbabwe as a reference instead of Nigeria, Senegal... seems really crazy.  Also apparently Brazil got 5 million slaves while North America got 500k slaves.  I guess that would be a reference point from an economic standpoint, maybe.  Impossible to say really because US has such different resources.  Certainly the anglo-saxon rule of law was probably beneficial to America's founding.  The whole issue seems to be speculative nonsense.  I'm kind of mad at myself for wasting more than 5 minutes thinking about this.  I just wondered where the hell Zimbabwe came about in all of this... what is this guy think..."}
{"_id": "364266", "title": "", "text": "Gartner, Forester, etc., data and analysis are not worth shit.   I learned that from 20+ years as a financial analyst: my wild ass guess was no worse than their wild ass guess on anything but my wild ass guess was a lot cheaper.  Its a pity so many investment decisions and strategic plans are based on the garbage cranked out by industry analysts."}
{"_id": "364267", "title": "", "text": "I think you are running into multiple problems here: All these together look like a high risk to a bank, especially right now with companies being reluctant to hire full-time employees. Looking at it from their perspective, the last thing they need right now is another potential foreclosure on their books. BTW, if it is a consolation, I had to prove 2 years of continuous employment (used to be a freelancer) before the local credit union would consider giving me a mortgage. We missed out on a couple of good deals because of that, too."}
{"_id": "364269", "title": "", "text": "\"Others have already commented on the impact of anything which dissuades merchants from raising possible breaches, so I won't dwell on that. Maybe we need stronger legislation, maybe we don't, but it doesn't change today's answer. Often it works the other way around to what you might expect - rather than the merchant noticing and notifying Visa/MC/others, Visa/MC/others spot patterns of suspicious activity (example 1). I don't have any data on the relative numbers of who is being notified/notifying between merchants and payment processors, but at the point when your card is identified as compromised there's no reason to suppose that an individual merchant in the traditional sense has been compromised, let alone identified. In fact because there's a fast moving investigation it could even be a false alarm that led to your card getting cancelled. Conversely it could be a hugely complex multinational investigation which would be jeopardised. It's simply not safe to assume that simply \"\"brand X\"\" has been compromised, therefore everything \"\"brand X\"\" knows about you is also compromised: Furthermore there's no reason to assume the merchant has even admitted to, or discovered the root cause. MC/Visa/Banks, at the point at which they're cancelling cards simply can't say (at least not in a way that might expensively backfire involving lots of lawyers) because the standard of proof needed to go on record blaming someone is simply not yet met. So: yes it's common that you aren't told anything for all of the above reasons. And of course if you really want to find out more you may have some success with your local data protection legislation and formally make a subject access request (or local equivalent) to see what that brings back. Be sure to do it in writing, to the official address of both mastercard and your bank.\""}
{"_id": "364273", "title": "", "text": "\"I am admittedly not giving a scientific or mathematical analysis here, just giving my anecdotal take on what I've lived through. I don't know if my assessment of 'tripled' is even accurate, just that there's a palpable sense of things being a lot more expensive &amp; it just seems to me that the cost of living has gone up quite a bit for average people from what it once was, especially considering most of us now have cable bills, internet costs and in my case several different cell phone bills for different members of the family. I realize these are not necessities but they are important things that most people are now expected to have. I didn't mean to imply that we've had \"\"insane\"\" inflation &amp; I understand that these things are mathematically measured as both Core inflation and CPI and by these measures things have held pretty steady. It just seems to me that these sorts of indexes have not yet taken a lot of things into account regarding the realities of modern day living and their resultant expenses.\""}
{"_id": "364282", "title": "", "text": "\"Create a meaningful goal for yourself which would distract you from impulsively spending all your money and help you to direct it towards something more meaningful. Maybe you're curious about just how little money you can live off of in one year and you're up for a challenge. Maybe you want to take a whole year off from work. A trip around the world. Or create a financial independence account, the money that is put into this account should NEVER be touched, the idea is to live off of the interest that it throws off.  I strongly suggest that you listen to the audio book \"\"PROSPERITY CONSCIOUSNESS\"\" by Fredric Lehrman. You can probably find a copy at your local library, or buy if off of amazon.\""}
{"_id": "364316", "title": "", "text": "So while these companies are not a scam, 30% feels pretty darn high.  How about you negotiate a much lower rate?  10% or 15%? Here is why: You will spend time and effort (which technically isn't free) to find the money.  I bet you can find it if you look hard enough.  But you could also just collect it and give this company a cut for their expertise. However if 30% bugs you (and it would bug me) then consider their reality.  They spent money to find the funds and contact you.  HOWEVER, that is a sunk cost.  It is already spent.  You can find it on your own and they get zip.  Or you negotiate a lower percentage, they get enough to cover their costs and make some profit and you save a ton of time. Since they took the time to explain themselves here, they are either scammers trying to bully you into compliance, or they are legit.  It is field that people might look down on, but it isn't criminal. I would look for the money if it were me, but I feel I have enough free time that it would be worth it."}
{"_id": "364326", "title": "", "text": "\"We played [baseball](http://hendrengroup.me) as kids when it was the most [popular game](http://hendrengroup.me/blog/baseball-the-small-and-big-kids-dream-game) in the world, way ahead of soccer, and basketball was still a poor third-placer. We played it in the school yard using a tennis ball and became the highlight of every school boy\u2019s day.  We knew and followed the basic rules of the game although we did not use mittens or masks. We played barefoot because we went to school barefoot. We were children and we had the time of our life.  The rules of baseball are not really that complicated. Almost anyone who can run, swing a bat or throw a ball can join the fun. Later on, we kids found out that there was such a thing as softball, which was for girls but using a bigger ball that was thrown from the hip level instead of overhead.  Watching real baseball and softball games during athletic meets gave us a better understanding and appreciation of the game. How we would have wanted to have all the uniform, gears and field to play with; but all we could afford was an old, balding tennis ball and a homemade 2in x 3in lumber for a bat and bases made of stones or wood scraps.  Baseball, as officially required, has the following rules:  **1. Basic features of the baseball game and field dimensions**  Baseball is played on a diamond-shaped field with the base corner designated as the home base. A player with a bat, or a batter, tries to hit the ball as far away from any of the opposing fielding team in order to reach all three bases and finally make it back to the home base. If a player makes it to a base or two after he bats, he must wait for his own team-mates to hit the ball and give him the opening to move on around the bases.  Strategy and team play are important in maximizing the team\u2019s chance to score. Sometimes, a team may sacrifice a batter just for a player to steal a base or score a run. One point can spell the difference between winning and losing; and such brilliant plays come in handy.  **2. Team composition**  Each team has 9 players to fill up the following positions in the field when the opposing team is on the bat: pitcher, catcher, first base, second base, third base, short stop, right fielder, left fielder and centerfielder. Substitute players may also be included.  **3. Batting regulations**  The team on the bat is given three attempts to hit the ball thrown by a pitcher within the boundaries of the baseball field, marked by the two lines made by the home- base/first-base and the home-base/third-base. A missed ball is called a strike and three strikes puts batter out of the field. A team that gets three outs gets to field next while the other team bats.  **4. Playing the ball**  A flying ball that falls outside of the field boundaries is called a foul ball and gives a batter another chance to hit. Fouls are unlimited. A ball that is hit and falls inside the two lines is either caught in the air to put the batter out or, if it rolls on the ground, must be retrieved and often thrown to the first-base player who will tag the batter with the ball to put him out. Failing to tag the batter who steps on or touches the base puts the batter \"\"safe\"\" on first base or wherever the batter may be as other hitters move on around the diamond.  A player who makes it safely back to home base scores a point. If it is a homerun, meaning the ball is hit out of the filed or steals straight home if the defending team fumbles the ball, two points are gained while a single point is given to a player who eventually goes round all the bases through one or more batters.  **5. Other game features**  When a batting team is struck out, it take the field and lets the other team bat and attempt to score. A foul ball which is caught will also count as an out. Multiple outs can be made, such as when bases are loaded (all three bases have batters) and the batter on the plate hits a good ball and makes it to first base and the ball is retrieved and thrown back before the player running to second base reaches it, then to home base before the player on third base scores a run and, finally, to third base to tag the player running to it. Three outs in one play!  It is during such fast plays when the ball changes hands so rapidly and players are scampering for bases that the excitement runs high. It is cause for celebration for the scoring team and a big letdown for the other who must probably feel like they were hit on the head with a bat several times for losing the big opportunity to score big and ending up with nothing.  **6. Who wins**  The team that makes the most runs after nine innings or rounds wins the game. Sometimes though, the game will stop at the \"\"top of the 9th inning\"\" or before the other team is supposed to go to final bat if that team is already ahead in points as the lagging team will not be able to catch up anyway.  Some of the most memorable games end at the \"\"bottom of the ninth\"\" when a team tries to catch up. We might have heard of the familiar radio voice saying, \"\"It\u2019s the bottom of the ninth and bases are full and the New York Yankees are behind by four and Babe Ruth has the bat. The count is two strikes and three balls . . . the pitcher winds up and throws the ball. Ruth swings hard and the ball flies . . . out of the stadium for a homerun and a win!\"\" Or something to that effect.  That imagined scene a dream every child and adult lover of baseball hopes to accomplish once in a lifetime. You want to see and hear the whole stadium explode with people jumping and shouting as you take your sweet time running through the bases, smiling, waving your cap and finally kissing the home base.  When a great player makes a good play, everybody wins in baseball. You have to be the eternal child to enjoy it. And there are so many people out there who still enjoy it to this day.\""}
{"_id": "364331", "title": "", "text": "So the same greedy Zillionaires who caused the majority of the problems are now telling us how we can pitch - work an extra 20 years - to ensure that their privileged positions will continue without too much disruption."}
{"_id": "364332", "title": "", "text": "The largest problem and source of anxiety / ruin for homeowners during the housing market collapse was caused by the inability to refinance. Many people had bought homes which they were stretched to afford, by using variable-rate mortgages.  These would typically offer a very attractive initial rate, with an annual cap on the potential increase of rate.  Many of these people intended to refinance their variable-rate to a fixed rate once terms were more favorable.  If their house won't appraise for the value needed to obtain a new loan, they are stuck in their current contract with potentially unfavorable rates in the later years (9.9% above prime was not unheard of.) Also, many people, especially those in areas of high inflation in the housing market, used a financial device known as a Balloon Mortgage, which essentially forced you to get a new loan after some number of years (2, 5, 10) when the entire note became due.  Some of those loans offered payments less than Principal + Interest! So, say you move near Los Angeles and can't afford the $1.2M for the 3-bedroom ranch in which you wish to live.  You might work out a deal with your mortgage broker/banker in which you agree contractually to only pay $500/month, with a balloon payment of $1.4M due in 5 years, which seemed like a good deal since you (and everyone else,) actually expect the house to be 'worth' $1.5M in 5 years. This type of thing was done all the time back in the day.  Now, imagine the housing bubble bursts and your $1.2M home is suddenly only valued at, perhaps, $750k.  You still owe $1.4M sometime in the next several years (maybe very soon, depending on timing,) and can only get approved financing for the current $750k value -- so you're basically anticipating becoming homeless and bankrupt within the same year. That is a source of much anxiety about being upside-down on a loan. See this question for an unfortunate example."}
{"_id": "364355", "title": "", "text": "It comes across as if you don't know much about what he or the firm does. Does he work in wealth management?      Someone looking for an assistant likely values organization and interpersonal skills over financial acumen."}
{"_id": "364361", "title": "", "text": "If you want to work within that constraint, then I sincerely suggest you find a credit councilor.  It may take you a while to dig out of debt, but with a little help from someone that knows the ropes, you can do it!  Remember, even though you want to pay back those debts, many times the sky-rocketing interest rates work against you.  Most of the good councilors know how to work the system to get these rates reduced, and sometimes even get the interest you've already accumulated reduced."}
{"_id": "364365", "title": "", "text": "The link, in case you\u2019re interested, was in the CS Monitor piece:  http://www.csmonitor.com/Commentary/Opinion/2013/0319/A-lesson-from-Iraq-war-How-to-outsource-war-to-private-contractors  Report link:  http://psm.du.edu/articles_reports_statistics/data_and_statistics.html \u2026which I provide just in case you want to read them, not to have the same conversation a second time.  Interesting that there aren\u2019t more hard feelings between those getting paid lots versus those not. I mean yes, you\u2019re all there together, but if you and I are doing ostensibly the same (and possibly dangerous) work, you\u2019re getting rich and I\u2019m not\u2026.then again, there\u2019s no conscription, in both cases you volunteered to be there.  Strange also that taxpayers don\u2019t care more about this, although\u2026.perhaps not. The amount of bullshit is just too overwhelming.   Sounds like you could tell lets of stories about the women, though I\u2019m not sure I want to hear them after a good lunch, and I\u2019m pretty sure you don\u2019t want to remember."}
{"_id": "364366", "title": "", "text": "There is another drawback, and this is why I keep a low-limit card for online purchases and another for carrying in risky/unfamiliar situations (e.g. travelling) a small limit acts as as damage limitation in the event of theft. In theory you may not be liable if your card is stolen and used.  In practice you may be out of pocket for a considerable amount of time, and trying to spend large sums on an overlimit card will soon trip it up (especially if those large sums are out of the ordinary)"}
{"_id": "364370", "title": "", "text": "&gt;And how did this cause the MBS to get wiped out, was it a written clause or did they just collapse from the value dropping so hard?   It was written into the debt instruments.  MBS and CDOs are broken down into tranches with descending priority of claims to the collateral pool.  When it comes time for payment, the top tranche gets paid out 100% before the one below it is entitled to a single cent, and so on and so forth.  Here's an example of how one might be organized:    Foo | Bar | text ---|---|---- Tranche | Size | Credit Rating Class A | 750MM | AAA Class B | 100MM | AA Class C | 60MM | A Class D | 50MM | BBB Class E | 40MM | Not Rated  In this example, lets say that 5% of the loans defaulted, meaning that of the $1B, only $950MM was available to get paid out (assuming no over-collateralization, which most had, but that's besides the point here).  The Class A would get the full 750 they're due, the Class B would get the full 100, and the Class C would get the full 60.  At this point there is only 40MM left, so the Class D would get 40 of the 50 due (a 20% write-down), and Class E would get nothing, getting completely wiped out.  &gt;I dont know what subordination level means Subordination level basically just means how much debt it below it on the capital structure--how much needs to get completely wiped out before any particular tranche starts sharing in the losses.  &gt; Did defaults reaching 8% meaning that 8% of loan takers defaulted?   Yeah more or less.  Technically I think it's that 8% of the value of the mortgages defaulted, but I believe they were set up to be relatively the same size within each instrument, so there's not really much distinction between 8% of the loan takers and 8% of the aggregate value."}
{"_id": "364378", "title": "", "text": "As an LLC you are required to have a separate bank account (so you can't have one account and mix personal and business finances together as you could if you were a sole trader) - but there's no requirement for it to be a business bank account.  However, the terms and conditions of most high street bank personal current accounts specifically exclude business banking, so unless you could find one that would allow it, you'd have to open a business bank account."}
{"_id": "364394", "title": "", "text": "Yes, all of that is possible with google sheets..."}
{"_id": "364411", "title": "", "text": "Im not sure if its normal/sensical/healthy, and that is kind of opinion based. But there is a reason for it. Certain rules and regulations passed recently are causing companies or institutions to shift to bonds from cash. Fidelity, for example, is completely converting its $100 billion dollar cash fund to short term bills. Its estimated that over $2 trillion that is now in cash may be converted to bills, and that will obviously put upward preasure on the price of them. The treasury is trying to issue more short term debt to balance out the demand. read more here: http://www.wsj.com/articles/money-funds-clamor-for-short-term-treasurys-1445300813"}
{"_id": "364420", "title": "", "text": "Assuming you are saying that the company issues 20,000 additional shares of its own stock and sells them for $8 each: The money from the sale is not income and not part of earnings.  It is capital and appears on the balance sheet as part of shareholder's equity. With no other transactions, yes, the total of shares outstanding is increased by 20,000 to 100,000."}
{"_id": "364421", "title": "", "text": "Roll it into another put with a lower strike and hope it keeps going down.  At the very least it will defray the cost of the long position.  Ps I think you're looking for the word hedge not lever."}
{"_id": "364429", "title": "", "text": "\"OK, fair enough, but you did say \"\"A large part of their barrier to entry is government.\"\" in relation to general industry, in defense of your earlier statement that \"\"Monopolies can rarely exist without one or two things: Government support or limited geographic area.\"\".  My contention is that regulation can present a barrier to entry, but this is not nearly as large a barrier as size, and barriers due to size is the primary reason for monopolies or oligopolies in recent times.  If you don't want to use the aircraft industry as an example, let's use Amazon itself. Amazon is cleaning everyone's clocks. Whatever you try and sell, if it is available on Amazon, a smaller player will not be able to compete with them except on the edges. Their market share continues to increase - they own 43% of all US online retail.  Why doesn't someone just start up and compete with them? Why aren't there 10-12 different competitors to Amazon?  Now clearly, Amazon got a head start - they were among the first to shift into the non-specialized internet retail market (Pets.com only sold pet food whereas Amazon now sells everything). There is no arguing that they do things very well, and have advanced the area of online sales.  But they are now without competition, and will not have significant competition unless they stumble badly. And even then, they may not have competition (see: eBay, which now sucks, but still has no real competition).  When I look at changing sectors in my general geographic area, I see massive up-sizing coupled with a lack of new entries into the sector. I'll give a few examples:  * Auto dealers. I had a relative who owned a Pontiac dealership in the 70s. Just one. He did OK from it. Now, most of the dealerships are owned by people who own somewhere between 5 and 15 different dealerships.   * Gas stations. I had a relative who owned a gas station. Again, just one. There were lots of these guys around. Now, most of the gas stations are owned by 2 or 3 conglomerates who own many dozens of stations.  * Banks. Yes, regulation is in play here, but there used to be dozens of different banks in my region. Now there are maybe 2 regional banks and 3 national banks. Gone are the days when there was one bank that had 2-3 branches. Even credit unions are consolidating.  * Hardware stores. We are down to Home Depot, Lowe's, and a regional chain that has 20-30 stores. No independent guys.  * Grocery stores. My region has exactly two full-service grocery store chains, plus maybe 2 discount chains. When I was a kid, there were 10 different regional chains in the area.   * Not the best example, but video stores. There used to be 10-12 different mom-and-pop stores, which consolidated into two (Blockbuster, Hollywood Video), which got crushed by Netflix. Smart TVs have allowed for there to be more players in the on-demand world, but the level of skill needed to enter this area cannot be more different between the initial mom-and-pop video store and the world of online content delivery.  The list goes on and on. Consolidation is the name of the game, and when a market consolidates, the *average* person can no longer enter it. As it consolidates further, the *above-average* person can no longer enter it, and when it gets to a certain point, no one can enter it. That has harmed the economy because people have stopped \"\"playing the game\"\" because they know they can't win. They can't compete with the big boys.  Now I don't know what to do about this, but my observation is that this has accelerated in the past 30 years. I think that technology has accelerated it, but I also think that tax code and lack of anti-trust enforcement has also accelerated it. I would put my bet on tax code as the #1 culprit - tax code has made it attractive for people to try and earn tens of millions of dollars per year - there is truth to the conservative claim that \"\"if the tax rates are too high, people will not work as hard\"\" - that's not necessarily a bad thing though. Markets are driven by demand, and at any point in time, they have a finite demand - a total size. If there is $15 million worth of demand for hardware in a region, that demand can either be satisfied by one massive global corporation, or by 15 $100k small businesses (or by 30 $50k small businesses).   There can be an advantage to one massive global corporation - cheaper prices, higher quality - but there can also be a downside, which is eventually higher prices, less innovation, and even lower quality - plus the downside of the elimination of opportunity for the 30 people who would serve that demand if the massive corporation did not exist, opportunities which turned over every so often due to businesses closing due to retirement or even incompetence.   I do not think that tax code stifles innovation though, because people innovate for passion, not for money. Steve Jobs and Steve Wozniak founded Apple when the top tax rate was 70%. They did it because they wanted to make computers, not because they wanted to make money. I think that a high tax rate would stifle the relentless pursuit of more dollars by using existing dollars to consolidate sectors.\""}
{"_id": "364441", "title": "", "text": "Well, you certainly seem to have more sophisticated thoughts on this than I.  So, if we have a model in which we're confident, what would we learn and what would be done with such information?  Creative destruction is already a known thing.  Would this end up being a primarily academic pursuit?  I'd hate to think policy might be based on that."}
{"_id": "364445", "title": "", "text": "I don't think that there is any good way a study can average this and bring a useful result: The core problem is that there are people that will spend more money than they should, if they become technically able to, and the credit card is just one of the tools they abuse for that (similar to re-financing with cash-outs, zero percent loans, etc.).  On the other side, there are people who control and understand their spending, and again, the mechanism of payment is irrelevant for them. Studies measure some mix between the groups, and come up with irrelevant correlations that have no causality. If you think any tool or mechanics got you in financial trouble, think again: your spending habits and lack of understanding or care get you in financial trouble - nothing else. In a world where it is considered cool to 'don't understand math', it is no surprise that so many people can't control their finances."}
{"_id": "364463", "title": "", "text": "\"1) Yes in theory that is right - minus any state taxes as well.       2) They could since there is an unknown amount outside of the US - and probably it will be a percentage and not all. Most of these companies that make a difference are already international companies.       3) They would most likely still do it for any money kept offshore, and it doesn't prevent them from continuing to do it. Again, I didn't say this was a good solution. They are just hoping to ward off economic collapse a little longer by doing this, or perhaps hire more accountants to be able to look at their books to figure out how much they are hiding to punish them. There could be many \"\"motivations\"\" for doing this tax. But I doubt any of the motivations intend to stop it from continuing to happen after the tax. The problem is any company that takes advantage of it basically says \"\"yes, i broke the law - in this amount.\"\" Thus, it might be a good way to get a list of companies to audit more thoroughly.\""}
{"_id": "364467", "title": "", "text": "\"&gt; \u201cIt\u2019s hard to explain simply why and how it works\"\". If that's the case, why would I give you money?  There are plenty of forms of machine learning where the results can't be fully comprehended by humans - neural networks come to mind as a good popular example.\""}
{"_id": "364469", "title": "", "text": "Sensible? China has a massive gender imbalance caused by families trying to ensure that their one child is a male to ensure the continuation of the family name as well as to take care of them when they are older. This is causing China's average age to rise incredibly fast as there are far fewer families than there would be without the policy."}
{"_id": "364471", "title": "", "text": "\"Glad my question got bumped. I took it as a sign to get a solid answer out of Schwab. First the rep gave me the same line that it was impossible to provide paperless statements for a 401(k) plan because of \"\"regulations\"\". I pressed the issue and got this from the rep: I just spoke with our dedicated small business plan team. They told me   that there are regulations that state that a Qualified Plan, such as   this, require to have a statement sent. It is a Schwab policy that we   have decided to only allow paper statements for this account type. So to clarify, it is a Schwab business decision to have the statements   available only by mail. Hope someone from Schwab with some authority sees this post and is pushed toward helping change their policy. I can't imagine what a colossal waste of paper, postage, and hassle it is for everyone involved.\""}
{"_id": "364492", "title": "", "text": "There's actual value and value that comes from potential for growth. I would imagine that their fundamentals are stronger, they have more advertising revenue than 2 years ago but their vision for the future and potential value is lower. So it's up to you the investor in the market to decide where you value it and to either buy sell or sit out"}
{"_id": "364512", "title": "", "text": "our family of staff and guests have grown up together with the common goal of providing an environment that inspires trust and compassion for each other, as we take the time to focus on living a healthier life and finding inner peace."}
{"_id": "364520", "title": "", "text": "What are you trying to learn? Is it not skills to set you up for a well paying career? You can spend 50k on a degree so you can teach for 35k/year vs 100k on a medical degree to work for 100k/year.  ROI is your income from the job the degree qualifies you for."}
{"_id": "364534", "title": "", "text": "But a textbook liquidity trap means prices fluctuate.  We've seen nothing but steady increases in every single possible measurable standard.  Liquidity traps occur when there is fear of deflation.  There is no such fear.  Deflation would be a welcome remedy to today's currency crisis.  Your paycheck would be able to purchase more and we would see prices fall, making it easier for the average American to afford their food, gas and housing.  Plus, lending is down not because banks are hoarding cash.  If anything, banks are trying to lend out more than ever.  Standards for borrowing have plummited.  Anyone willing to sign a contract can get hundreds of thousands of dollars at the drop of a hat.  Lending is down because consumer and business demand for more debt is down.  I stopped reading Krugman years ago, but if he is seriously trying to sell a liquidity trap right now, he is horribly misleading people and his advocacy of the Fed's printing and lending policies as of late is just flat out dangerous to the global economy."}
{"_id": "364538", "title": "", "text": "Good idea, but you can already imagine how that will turn out: Patents will be used in some pro-forma way, without intention of serious commercial use, to avoid using them.  For trademarks, this already happens. After a merger, companies continue to formally use a brand/trademark of an acquired company that they have effectively terminated, in order to avoid other companies using that trademark (or a very similar one)."}
{"_id": "364543", "title": "", "text": "It depends on if it is a non-refundable deposit, retainer, etc. The remaining $1,500 is not included in that quarter's sales, because you have not yet received it and it is not guaranteed. The question is really if you should count the $500 toward the quarter where it is received, or during the quarter where you invoice. This deposit might be categorized as a liability until you invoice, and there is no sales tax to be calculated until the invoice for the total. I say 'might' because this can vary by state and the type of transaction or business. For example, if someone makes a cash down payment on a lease for a car, some states will require that sales tax be charged on this."}
{"_id": "364559", "title": "", "text": "USANA for all generations. USANA vitamins are the most convenient ways to get your daily dose of nutrition. USANA's Health Pack 100 is a nutritional supplement pack that offer a comprehensive daily supplement regimen with a full daily dose of the USANA Essentials, providing you with optimal and balanced antioxidant activity - day and night. USANA is literally a worldwide organization. You can too become successful with USANA business."}
{"_id": "364560", "title": "", "text": "Computers and digital cameras are great candidates for handing down because they can still be useful long after they have started looking dated to the initial buyer. Buying DVDs is unfortunately more convenient than renting in my hometown, but we make up for this by a liberal borrowing policy. And, perhaps most unusually, coupons -- the special discounts that mail-order retailers like to send when it's convenient for them to make a sale (or just arbitrarily, really). Those often have complicated terms so that they are only really interesting if exactly two articles are ordered, or the amount of the order exactly 80 EUR. A couple of persons in the family are the specialists of these discounts, and others can just tell them to watch for an interesting item. They'll place the order at the best time."}
{"_id": "364567", "title": "", "text": "Obviously the best way to consolidate the real-estate loans is with a real-estate loan. Mortgages, being secured loans, provide much better interest rates. Also, interest can be deducted to some extent (depending on how the proceeds are used, but up to $100K of the mortgage can have deductible interest just for using the primary residence as a collateral). Last but not least, in many states mortgages on primary residence are non-recourse (again, may depend on the money use). That may prove useful if in the future your mother runs into troubles repaying it. So yes, your instincts are correct. How to convince your mother - that's between you and her."}
{"_id": "364575", "title": "", "text": "OK, my fault for not doing more research. Wikipedia explains this well: http://en.wikipedia.org/wiki/Option_style#Difference_in_value Basically, there are some cases where it's advantageous to exercise an American option early.  For non-gold currency options, this is only when the carrying cost (interest rate differential aka swap rate or rollover rate) is high. The slight probability that this may occur makes an American option worth slightly more."}
{"_id": "364577", "title": "", "text": "There's only one hard constraint in there:  &gt;A population grown completely accustomed to a resource-intensive, globalized lifestyle relative to that enjoyed by almost any other country on Earth.  We do have to live within the limits of real resources. Labor, energy, commodities, clean air, water, etc.  Fortunately, we're not *at* the limits on those things right now and the rest of the problems are financial. Financial problems have financial solutions and those are always within our grasp *if* we [understand how the monetary system works](http://moslereconomics.com/mandatory-readings/soft-currency-economics/) and manage the poltiical coordination to get things done."}
{"_id": "364588", "title": "", "text": "\"Yes.  I heard back from a couple brokerages that gave detailed responses. Specifically: In a Margin account, there are no SEC trade settlement rules, which means there is no risk of any free ride violations. The SEC has a FAQ page on free-riding, which states that it applies specifically to cash accounts. This led me to dig up the text on Regulation T which gives the \"\"free-riding\"\" rule in \u00a7220.8(c), which is titled \"\"90 day freeze\"\". \u00a7220.8 is the section on cash accounts. Nothing in the sections on margin accounts mentions such a settlement restriction. From the Wikipedia page on Free Riding, the margin agreement implicitly covers settlement. \"\"Buying Power\"\" doesn't seem to be a Regulation T thing, but it's something that the brokerages that I've seen use to state how much purchasing power a client has. Given the response from the brokerage, above, and my reading of Regulation T and the relevant Wikipedia page, proceeds from the sale of any security in a margin account are available immediately for reinvestment. Settlement is covered implicitly by margin; i.e. it doesn't detract from buying power. Additionally, I have personally been making these types of trades over the last year. In a sub-$25K margin account, proceeds are immediately available. The only thing I still have to look out for is running into the day-trading rules.\""}
{"_id": "364594", "title": "", "text": "If you think there is no complication in your application and you can easily satisfy all criteria you can do the process yourself without using any agent and save few thousand dollars. I have done myself. Another cost Chris forgot to mention is the medical examination cost which is mandatory. If your certificates and docs are non-English translation fees are quite high as well.  The immigration process is very bureaucratic and requires lot of supporting documents. As for living in Australia, Rent, Car and living expenses are high compared to US. But in Sydney and Melbourne you can rent near public transport, which isn't too bad (well not like Europe ). So having a car is not essential. Rent for a decent flat in these cities will be $300 - $350 p/w and you may have to pay 4-6 weeks as advance. You can get a lot of information from the dept. of immingration website."}
{"_id": "364613", "title": "", "text": "\"Didn't OP say that he meant 'credibility' as \"\"your past work that determines your status\"\"? Which is the same as what you said.   Also, Yes, the farmer can promise a million bushels of apples for a million deer. This is what Industries do,don't they?\""}
{"_id": "364619", "title": "", "text": "For the record, I would never believe any major media outlet when it comes to a complex economic evaluation. I hope you wouldn't either.   The article mentions that people are sending less mail. Maybe you're not old enough to remember sending letters, but people used to do it a lot."}
{"_id": "364642", "title": "", "text": "In day trading, you're trying to predict the immediate fluctuations of an essentially random system.  In long-term investing, you're trying to assess the strength of a company over a period of time. You also have frequent opportunities to assess your position and either add to it or get out."}
{"_id": "364666", "title": "", "text": "Fund your retirement accounts first.  Even as an intern, it is still worthwhile to open a Roth IRA and start contributing to it. See my answer to a similar question: Best way to start investing, for a young person just starting their career?"}
{"_id": "364672", "title": "", "text": "If you would like to find data on a specific industry/market sector, a good option is IBISworld reports. You can find their site here. You can find reports on almost any major US sector. The reports include historical data as well as financial ratios. In college projects, they were very useful for getting benchmark data to compare an individual business against an industry as a whole."}
{"_id": "364674", "title": "", "text": "Of course it is a dilution of existing shareholders. When you buy milk in the supermarket - don't you feel your wallet diluted a little? You give some $$$ you get milk in return. You give some shares, you get Watsapp in return. That's why such purchases must go through certain process of approval - board of directors (shareholders' representatives) must approve it, and in some cases (don't know if in this particular) - the whole body of the shareholders vote on the deal."}
{"_id": "364700", "title": "", "text": "I dunno, I think what Alphabet is doing with their moonshot factory truly could be a game-changing corporate paradigm. Once something like Waymo becomes profitable and begin scaling, it could redefine the way CEO think about corporate goals and visions. Never mind longer shots like Calico.   It's basically a homegrown venture capital firm on steroids, but with even more synergies. It's amazing stuff."}
{"_id": "364701", "title": "", "text": "Financial health is typically assessed with 3 things.   Balance Sheet Cash Flow Analysis Profit &amp; Loss Statement  That should give you a pretty solid view on where the business has been, where it is now, and where it is headed. You also want to see any specific contracts currently in-place. Things like leases for property or facilities or any long term customer contracts.   I also often like to look at the last year's tax information. Pay attention to Retained Earnings, that'll tell you about the long term functioning of the business from a historical perspective.   Source: Am M&amp;A guy"}
{"_id": "364708", "title": "", "text": "I think the answer depends on whether you're trying to get out of debt and stay out, or if you just want this card paid off.  That is, are you changing the way you deal with money and debt for good? If you just want this card paid off, and you're OK with going back into debt later, then @Mike Scott's advice is one way to go.  I'd personally be nervous about leaving myself with no cash reserves at all.   If you are planning to get out of debt and stay out, then you don't want to put yourself in a position where you're tempted to go back into debt as soon as you hit a speed bump.  So, you need some cushion so that an emergency doesn't push you right back to the credit cards.  If you've got a budget that you can live on, and that covers your usual expenses, and your job is relatively stable, then $1000 is probably enough of a cushion for most things. You can then pay off most of the credit card using the rest of your savings.  If you're in an unstable job situation, then you'll want to keep more, if not all, of your savings as protection against the instability.  Once the situation stabilizes, then throw the surplus savings at the debt. $1000 doesn't cover all possible emergencies, but it's generally a good tradeoff between prudence and paranoia."}
{"_id": "364726", "title": "", "text": "\"&gt;Frankly, the company probably won't know for several years, as large companies essentially have branch offices of the IRS in their headquarters, and their tax bills are the subject of lengthy negotiation.  Thank you for providing a link I can take seriously but I don't see \"\"a billion dollars\"\" in here anywhere. NYT being wrong doesn't make GE's promotional material right.\""}
{"_id": "364735", "title": "", "text": "I think that assuming that you're not looking to trade the fund, an index Mutual Fund is a better overall value than an ETF. The cost difference is negligible, and the ability to dollar-cost average future contributions with no transaction costs. You also have to be careful with ETFs; the spreads are wide on a low-volume fund and some ETFs are going more exotic things that can burn a novice investor. Track two similar funds (say Vanguard Total Stock Market: VTSMX and Vanguard Total Stock Market ETF: VTI), you'll see that they track similarly.  If you are a more sophisticated investor, ETFs give you the ability to use options to hedge against declines in value without having to incur capital gains from the sale of the fund. (ie. 20 years from now, can use puts to make up for short-term losses instead of selling shares to avoid losses)  For most retail investors, I think you really need to justify using ETFs versus mutual funds. If anything, the limitations of mutual funds (no intra-day trading, no options, etc) discourage speculative behavior that is ultimately not in your best interest. EDIT: Since this answer was written, many brokers have begun offering a suite of ETFs with no transaction fees. That may push the cost equation over to support Index ETFs over Index Mutual Funds, particularly if it's a big ETF with narrow spreads.."}
{"_id": "364744", "title": "", "text": "I'll answer but avoiding discussion of M1, M2 etc, too pedantic. I don't believe you are asking about the lifetime of either coins or paper money. I think you are referencing the fractional reserve system, and how a good portion of the total money supply is created by the banks lending out their deposits in effect 'creating' money. My answer to you is that if all loans were simply paid off, no mortgages, no car loans, etc, the total money in the system would collapse to some reasonable fraction of what it is today, 10% or a bit less. This comes from the fact that the reserve requirement for most large banks is 10%.  I'm referencing money, but not bills or coins. Think about what you make in a year. How much do you touch as paper money? For my wife and me, it's no more than a few percent. Most goes from a direct deposit to online payments. So this would be the subject of a different question altogether.  Let me know if this addresses your question."}
{"_id": "364791", "title": "", "text": "At the end of Dodgeball, Vince Vaughn's character is supposed to be in the final with his team, who beat expectations to get there. Instead he gets scared and hesitant about it all and ends up a nearby bar sitting on stool by himself. Then Lance Armstrong walks up just passing by to buy a bottle of water from the bar and notices Vaughn's character and tells him he's a big fan who has been following them on ESPN 8 the Ocho. He then asks why he wasn't in gear and ready for the final. Vaughn basically tells him he quit and doesn't have it in him. Lance then says, in a casual manner, I felt like that once, I had cancer that almost killed me, but I kept moving forward and won the Tour De France 5 times in a row. Of course this strikes a cord with Vaughn's character who realizes that he has no idea what real struggle is and he needs to man up like Lance did and head to the final, which he does.   This is all so funny now because Lance Armstrong cheated his way to those championships and then lied to everyone about doing it. He became a symbol of hope, rode that symbol to infamy, all the while, he was lying, cheating, and misleading those around him. So advice from him at the end of the Dodgeball now seems fucking hilarious.   Sorry for the extensive write up -- I'm on adderall."}
{"_id": "364800", "title": "", "text": "\"This might sound absurd, but Japan has a lot of debt held by itself. In other words, when people say a country is \"\"just printing money\"\" it's rarely true. It's often some kind of beyond being issued and sold to the public or to institutions. But in Japan's case they actually did \"\"print money\"\" and have done so for 30 years. Yet they've had a deflation almost every year since. This shows that expanding the money supply doesn't always result in inflation, it depends a lot on the country and its people and means of production. I guess Japan's move to cut the debt is a step into unknown territory, and we can't really know what will happen.\""}
{"_id": "364802", "title": "", "text": "\"In your shoes, I would  pay off the mortgage with the after tax investments and be done. You have different goals than I do in that you want to keep the debt.  So, I would  start calling mortgage brokers and asking for someone who does \"\"manual underwriting\"\".    Manual underwriting essentially means they use common sense and look at your situation for what it is instead of saying \"\"income=10K means disapprove mortgage\"\".   It may be that your situation is different enough from mortgage guidelines that you can't now get a conforming mortgage (i.e. one that is readily re-sellable to another mortgage holder).   If that is the case, you can look for a small bank or credit union that would be interested in adding your loan to their portfolio and not reselling it.\""}
{"_id": "364805", "title": "", "text": "\"1) there are 4 separate unions that represent USPS employees (American Postal Workers Union, National Letter Carriers Association, National Postal Mail Handlers Union, and the National Rural Letter Carriers Association) so careful saying \"\"the union\"\" here because it makes your argument incorrect. Which union are you talking about?  2) Democratic support is not a good gauge of union support these days. Conservative Democrats that like to cater to business interests vote against unions all the time.\""}
{"_id": "364814", "title": "", "text": "\"The third Friday of each month is an expiration for the monthly options on each stock.  Stock with standardized options are in one of three \"\"cycles\"\" and have four open months at any give time.  See http://www.investopedia.com/terms/o/optioncycle.asp In addition some stocks have weekly options now.  Those generally have less interest because they are necessarily short-term.  Anything expiring on April 8 and 22 (Fridays this year but not third Fridays of the month) are weeklies. The monthly options are open for longer periods of time so they attract more interest over the time that they are open.  They also potentially attract a different type of investor due to their length of term, although, as it gets close to their expiration date they may start to behave more like weeklies.\""}
{"_id": "364821", "title": "", "text": "Freedom from government sanctions on your speech is different from reaction of private individuals to that same speech. You can call your mother a cunt at the dinner table if you choose, but do you think there might be some ramifications to that?"}
{"_id": "364837", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [You could make $70,000 right out of college with a degree in marijuana studies](https://np.reddit.com/r/talkbusiness/comments/787m53/you_could_make_70000_right_out_of_college_with_a/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "364862", "title": "", "text": "\"I think we're just at a point in society where everyone feels anonymous in public, and therefore many act like they're not affecting others with their behavior. Many would call it an entitlement society.  I worked at Panera for a year in HS and made a vegetarian sandwich for someone. It had a sliver of roast beef the size of perhaps 1/4 of a dime, and yet, she freaked out and yelled at me. I removed the piece of lettuce it was stuck to and she demanded a new one. One of many \"\"dealing with the public\"\" stories I'm sure so many of us have now.  Also the power afforded to everyone via lawyers gives more fuel to this fire. Always threaten to sue if they don't get what they want.\""}
{"_id": "364873", "title": "", "text": "I'm not hating on anyone, just agreeing that it's pretty much all older people or all younger people and not many in between. Not any one person's fault, just where human nature got us.   Although I think that they (the vocal majority of my generation) think that once the boomers retire, when the government finally gets filled with people from our generation, and once we take over the large corporations, that things will get better for us. Which is the reason for lashing out.   I just think we have a s**t load of problems that need to be fixed, and it seems like all we ever do is patch them up because the long term fixes are too costly in the short term, and that this cycle won't ever change. But look on the bright side, every generation will have a group they can blame and a group to be afraid of, so nothing will be anyone's fault. At least until it finally is and someone ends up paying the piper.  Hell, it's not like I've experienced the good times, this is what I grew up in, so I don't really know any better. My generation doesn't expect to stay with the same company for their entire lives because we don't think it's possible. We've learned to adapt, we've had to. The smarter of us know to learn from your generations' mistakes (like saving for retirement)."}
{"_id": "364891", "title": "", "text": "For this type of business a sole tradership would seem appropriate. You might then want to register as a limited company at a later date if you were growing significantly, taking on premises, seeking debt etc, as that would then shield you from liability."}
{"_id": "364938", "title": "", "text": "It looks like you can.  Take a look at these articles: http://www.googobits.com/articles/1747-taking-an-itemized-deduction-for-job-expenses.html http://www.bankrate.com/finance/money-guides/business-expenses-that-benefit-you.aspx http://www.hrblock.com/taxes/tax_tips/tax_planning/employment.html But of course, go to the source: http://www.irs.gov/publications/p529/ar02.html#en_US_publink100026912 From publication 529: You can deduct certain expenses as   miscellaneous itemized deductions on   Schedule A (Form 1040 or Form 1040NR).   You can claim the amount of expenses   that is more than 2% of your adjusted   gross income. You figure your   deduction on Schedule A by subtracting   2% of your adjusted gross income from   the total amount of these expenses.   Your adjusted gross income is the   amount on Form 1040, line 38, or Form   1040NR, line 36. I hope that helps.  Happy deducting!"}
{"_id": "364975", "title": "", "text": "I've definitely seen a similar conversation about this, I personally don't buy from eBay (Amazon for me). So I turned to the internet to see what I could find to offer you any additional information (albeit not my personal experience).  I first read this article: CodeNerdz Article and was pretty horrified by the scamming that can happen by buyers. Then, this article by another regular user of eBay, Selling on eBay without PayPal : eBay Guides confirmed the trouble people have with PayPal & eBay. Payment Services permitted on eBay: Allpay.net, Canadian Tire Money, cash2india, CertaPay, Checkfree.com, hyperwallet.com, Moneybookers.com, Nochex.com, Ozpay.biz, Paymate.com.au, Propay.com, XOOM Have you looked into any or all of these?"}
{"_id": "364988", "title": "", "text": "&gt; not because they can't, but they blow that money elsewhere for example on entertainment, electronic, or food they like as opposed to cooking, etc. so of course they can't.  Yes I'm sure you are the authority on millenial spending habits."}
{"_id": "365025", "title": "", "text": "\"Finding statistics is exceedingly hard, because the majority of traders lose money. That is, not only they don't \"\"beat the markets\"\", not only they don't \"\"beat the benchmark\"\" (S&P 500 being used a lot as reference): they just lose money. Finding exact numbers, quality statistics and so on is very difficult. Finding recent ones, is almost impossible. With enormous effort I have found two references that might help make an idea. One is very recent, Forex \"\"centered\"\" and has been prepared by a large finance group for the the Europen Central Bank (ECB). It's available on their website, at an obscure download location. The document is stated to be confidential, but its download location has been disclosed to the public by CNBC. I can't post CNBC's link because I have just joined this Stack Exchange portal so I don't have enough reputation. You can find it by looking for their article about FXCM Forex broker debacle due to the Swiss Central Bank removing the EUR/CHF peg at 1.20. The second is a 2009-ish paper about Taiwanese retail traders profitability statistics published by Oxford University Press and talks about stocks. Both documents focus on retail traders. I strongly suggest you to immediately save those documents because they tend to disappear after a while. We had a fantastic and complete statistics report made by a group of German Banks in 2011... they pulled it off in 2012.\""}
{"_id": "365053", "title": "", "text": "Well, did you move to go to University? For both of those prongs you would first need the skills to create wealth.  Remote work really only works will in specific types of jobs. For example, customer service jobs can be done from home. But they typically don't pay a whole lot. Computer programming might be another one where remote work is possible. Maybe a few others depending on the work being done and the demands of the job.  I would say that even today most companies would want you to come into work to do your job, whether it be a factory or an office. You would have to live within the range of your workplace. Flex time can be utilized but typically that means working from home part of the time but still coming in other days."}
{"_id": "365056", "title": "", "text": "Organize a perfect, full service girl\u2019s spa party with Princess &amp; Tiaras Spa Celebrations. We offer a large selection of services that include: mini-manicures, mini-pedicures, mini-facials, makeup, hairstyle, and themed celebrations. Our girl\u2019s spa parties are sure to make your little girl\u2019s birthday sparkle."}
{"_id": "365076", "title": "", "text": "&gt; I don't think you quite understand how the software services model works. Most software co utilizes the Amazon model for growth until they reached a critical point either by market size or squeezing out other players.  Uber is not a software company, regardless of what they claim. They are a taxi company that uses software for dispatch. They have zero innovation that allows for improved economies of scale.   Amazon's approach and a generic software startup's approach do not necessarily overlap, but they do have similarities.   &gt; Your unit economic talks works only when bootstrapping and maybe debt financing. For companies that can grow using equity financing its certainly not the case. See: Tesla.  That's completely false. If your product costs $10 but people will only buy it for $4, you will never make money regardless of how large you grow. In fact, the bigger you are, the more money you will ultimately lose. That's Uber's current conundrum. It doesn't resemble Tesla or Amazon's approaches whatsoever.   If Uber raises prices sufficiently to achieve profitability, other entrants will continue to take market share and/or their customers will abandon them for the bus. Transportation is a commodity good, as evidenced by airlines and their utter lack of profitability over the decades."}
{"_id": "365081", "title": "", "text": "I'd be fine with taxes going up if they got spent on things that I agree with. Like universal healthcare for example. But we both know this will not happen. If taxes go up they'll get spent on messing with Iran and North Korea and building a wall with Mexico. And you still haven't shown me any evidence that more taxes are a good thing. In the absence of any evidence either way, I'd rather have more money."}
{"_id": "365091", "title": "", "text": "\"Well done internet stranger -- you win, if that's what you were looking for.    But for giggles: First, the article inferred that Paul was a quote \"\"strict buy-and-hold investor who rarely trades.\"\"  And second, if we're talking empirical evidence here then this whole post can be considered useless.  Because by that logic, the same can be said about his entire portfolio - in which case, he may have simply bought all that gold the day before reporting his financials.\""}
{"_id": "365092", "title": "", "text": "\"they are entirely free to do whatever they want with the shares. In particular, they can sell them to whomever they choose No. Restrictions on who can sell when and to whom are a common thing with startups. \"\"Publicly traded\"\" companies are regulated in a much stricter way than private companies, so until the IPO the sales are limited to the OTC markets. But even that can be restricted by bylaws - for example ownership can only be limited to a group of investors approved by the board. As an employee - your grant was approved by the board, but when you come to sell, the buyer was not and the company may not agree to vet them. Bottom line is that it is not illegal to impose all kinds of restrictions on what the employees can do with their shares, as long as the shares are not listed on a public stock exchange (even after the company goes IPO with one class, other classes may remain restricted).\""}
{"_id": "365101", "title": "", "text": "Yeah it was a mix between the issuing agencies and the credit agencies. If the credit agencies didnt rate them as AAA then the financial institutions would just go to the other agency. So there was a conflict of interest in rating them higher. There was mismanagement on both sides of the fence and when the CDOs started to default it created a forced selling environment where people HAD to sell their CDOs/stocks at a steep discount to get enough liquidity to pay their own mortgages."}
{"_id": "365107", "title": "", "text": "All we need is simple basic laws that bring secured and high employment levels. The rest will naturally fall into place.  - No more H1B visas.  - Outsourced work has to be taxed.  - Can't outsource work that has to be continuously done.  Only real temporary needed for a limited time can be outsourced.  - When fired, paid for every year worked a set percentage of current salary.  - All customer service, including talking to customers and handling their requests, must be done by humans and not machines/AI.  - CEO pay cannot be more than a set multiple of the average worker.  - Profit sharing with all employees by law.  - etc..."}
{"_id": "365108", "title": "", "text": "I've heard that B&amp;N also OWNS the property of the bookstore itself, so there are other benefits beyond selling books. Most other book stores simply rented the property, which means they HAD to make quote for sales.   I love browsing book stores, but it's SO much more convenient, faster and cheaper to buy online, half.com or amazon are my gotos for when I know what book I want."}
{"_id": "365123", "title": "", "text": "There was a house for sale at around $400k or $500k if my memory serves me posted to /r/Boston a little ways back that was from a poorer city in Massachusetts that was covered in bullet holes and was totally trashed inside. It had been spray painted and was missing a raised porch from one of the upper floors so this door just opened up to nothing."}
{"_id": "365146", "title": "", "text": "I kind of answered this as well, but I'll re-word it  Too expensive. Fiber cables are expensive to place, takes a lot of time, and nobody is willing to pay it; or at least not the people that COULD front the bill. (Being Comcast or TWC)  Cities aren't willing to help much unfortunately.  A great story of what happens when a city does help with these installation fees is Oldes, Alberta in Canada. The city helped install all the wires and now has one of (of not the fastest) Internet connection in the country."}
{"_id": "365159", "title": "", "text": "They had to do something like this, they need to figure out more ways of making money. Linkedin does something like this for recruiters for on their site, its only sensical for Facebook to do the same. They now just need a way to profit from mobile.."}
{"_id": "365162", "title": "", "text": "An online store that is hub for the latest and fashionable street wear accessories and necklaces and that which would give you this stuff at an affordable price would be the best one. Just keep these basic things in mind and get ahead with the perfect things."}
{"_id": "365167", "title": "", "text": "\"There are only two ways to increase your savings: You are young, and both of these are likely to spontaneously happen - you will be promoted and get raises, and your loans will be paid off, removing the loan payment. It would seem that you need only to wait a year or so, and there will a lot more than $87 left over each month, and your savings will grow almost without any action from you. But somehow, that is not what happens in real life. As people get older they \"\"need\"\" more than they did before (larger home, more expensive \"\"things\"\", etc) and they never manage to get around to saving. So it's great that you are wondering how to do it. But you are not truly making it a priority. You mention that you also pay/spend for friends, the internet, play & joy, cloth, gifts, book, etc. And this armwavy entirely optional spending is the difference between 72.85 (such precision!) and 90% of your salary. In other words it is 17-18% or more than your rent. Think about that for a moment. Every month you spend more than your rent on friends, play, joy, books and good old etc. If you were to cut that in half, you could save 8 or 9% of your salary. Maybe after your next raise you can get that up to 10%. How can you cut that optional \"\"fun\"\" stuff in half? Well, I don't know, because I don't know what it is, and I suspect you don't either. So track it, for a month or two. Are you getting takeout food or coffee every day? Are you always the one who pays when you go out with friends? Do you eat in restaurants a lot? Do you always wear the latest fashions, buy $500 shoes, pay people to do your nails or dye your hair, buy a new phone every year, have the top end phone plan, top end cable plan, ... You have to know where that rent's-worth of money goes every month. Then you can figure out how to send some of it to savings instead.  In some ways you are in a hard generation. Your parents didn't need to save for their retirement because they had you, and they know you will send money home for them. But you probably don't expect the same from the children you don't have yet, so you have to save for yourself. This is a challenge. If you were saving the money you send your parents, you'd be fine. Yet you don't want to reduce what you send, they need it. Still, people have faced bigger challenges and overcome them. Start by understanding where your fun money is going, then look at how to send some (aim for half) of that to savings instead. You won't regret it.\""}
{"_id": "365172", "title": "", "text": "Hmmm... I guess if my choice is representation with a vote or representation without a vote, that vote might be worth some money. On the other hand, I'd prefer option C - operate independent of the union and negotiate directly with the employer and pay no dues.  It seems like it should be up to each individual employee to decide whether to be represented by the union.  Out of curiosity, once a union has been established, is it possible for another union to come in, collect signatures, and force a vote to switch representation? Is it possible for a vote to dissolve the union to happen?  Why is hiring a worker who wishes to be employed without union representation considered union breaking. The members of the union have a right to vest their bargaining power in the union, but why should someone not already in the union be forced to join in order to accept employment?"}
{"_id": "365173", "title": "", "text": "Yes, you did. Scroll up. Your defense as to why you aren't racist, despite saying overly racist things, was that you have black friends. Your defense right now is that you have black, brown, and yellow friends. It's like you don't take inventory of the last stupid thing you said when moving on to the current stupid thing you want to say.   Again, how long are you going to try to convince me that your ignorant racist point of view is correct before you either take a look in the mirror, or shut the fuck up and move on with your ignorant racist life?"}
{"_id": "365187", "title": "", "text": "This could be a case of the new chip card technology and dealing with slow reimbursement turnaround time. I recently visited a restaurant who was not using the chip technology, and it refused my card after several attempts. I found out from my bank it was because the restaurant was not set up for chip and I had not eaten there before....I know at the other end it takes far longer for the funds to get to the merchant; banks don't want to part with other people's money."}
{"_id": "365189", "title": "", "text": "At its simplest level it's an application of basic statistics/probability: Suppose you have n independent and identically distributed assets with the return on asset i denoted R_i which has mean m and variance s^2 (same for all assets). You can easily weaken these assumptions but I make them to simplify the exposition  [Square brackets show a numerical example with n=20, m=8%, s=2%] if you invest in one of these assets you expect to get a return of m [8%] with standard deviation s [2%] (so you expect with probability 95% (approx) to get a return between m-2*s and m+2*s.  [between 4% and 12%] Now suppose you split your money equally among the n-assets.  Your return is now R = (1/n)\\Sum{i=1}^n R_i your expected return is  E(R) = (1/n)\\Sum{i=1}^n E(R_i) = (1/n)\\Sum{i=1}^n m = m   [8%] the variance of your return is  Var(R) = Var( (1/n)\\Sum{i=1}^n R_i )       = (1/n^2)\\Sum{i=1}^n Var(R_i) = n * s^2 / n^2) = s^2/n    So, the standard deviation is SD(R) = Sqrt(V(R)) = s/Sqrt(n) [2%/Sqrt(20) = 0.44%] Now, with 95% probability we get a return between E(R)-2*SD(R) and E(R)+2*SD(R) [between 7.12% and 8.88%].  This interval is smaller than when we invested in the single asset, so in effect with this portfolio we are achieving the same return m [8%] but with lower variance (risk) [0.44% instead of 2%].  This is the result of diversification.     You can assume the assets are not independent (and most book expositions of this topic do indeed do that). In that case the calculation is modified because the variance of the portfolio now depends on the correlation between returns, as does the reduction in variance caused by the diversification.  If assets are negatively correlated the result of the diversification will be more reduction in risk and vice versa.   You can also assume the assets are not identically distributed and the above analysis does not change too much.   You might look for some references on CAPM (Capital Asset Pricing Model) or portfolio theory but broadly these are based on what I have described above - finding the portfolio with minimum variance for a given return by investing proportionally in treasury bonds and risky assets."}
{"_id": "365191", "title": "", "text": "This has been made clearly many times in this thread and others, and by myself. I refuse to go around in circles so I will not repeat myself after this: long term investors need to be able to liquidate their assets. Since long term investors by definition trade infrequently, short term speculators are NECESSARY to perform this function. Your argument at times has been that you don't need ULTRA short term speculators, and mine is that the ULTRA sort term speculators have not been shown to do anything negative to long term investors so banning them is reactionary. Short term speculators DO make money out of long term investors and that is by design - they are the very reason markets exist; otherwise people would stick to direct investment!"}
{"_id": "365192", "title": "", "text": "According to many sources **[Shopify](https://shopify.com/?ref=spurit)** is one of the most popular platform to start your business. If you have never tried something similar, then I personally recommend you to try as they have 14 days trial period.  What I personally like in Shopify is the ability to add new apps for functionality increase. For instance, in case you are looking for pre-order function and you don't want to be involved in some techy things, then you can simply install this:  * **[Pre-Order Manager](https://apps.shopify.com/pre-order/?ref=spurit)**. A preorder button with a beautiful title will show up on the out of stock product page and you will be able to easily control preorders.  That's one of the examples about how it's easy to add something new to your Shopify Store.  Also there are tons of themes available which allows you to customize your Store and make it unique. Of course there are some limitations in Shopify, but it's not a big problem and can be solved in many cases."}
{"_id": "365193", "title": "", "text": "&gt; taxation has caused unproductive investing practices  It certainly can. It's well established that capital gains taxes do cause investors to leave capital in mediocre or even fairly-bad investments, as suffering, say, a potential 20% loss for business reasons can be preferable to creating a guaranteed, irreversible 37% loss due to state and federal LTCG taxes."}
{"_id": "365194", "title": "", "text": "\"In *[United States vs. O'Hagan](https://en.wikipedia.org/wiki/United_States_v._O%27Hagan)* the Supreme Court established the precedent of interpreting SEC rule 10(b) using the \"\"misappropriation theory\"\". The theory establishes that:  &gt; misappropriating confidential information for securities trading purposes, in breach of a duty owed to the source of that information, gives rise to a duty to disclose or abstain.   You're correct that from a legal perspective the rules are anything but clear outside of company insiders. However, your own admission is consistent with what anyone in the securities industry knows is true - if you trade on material non-public information, you risk being charged.  I think most would conclude that it's unethical irrespective of the letter of the law. It damages the integrity and functioning of markets. Furthermore, if the law was clarified, I think it's highly unlikely it would state \"\"trading on material non-public information is permissible for anyone who is not a company insider\"\". Instead, I would expect it to be consistent with \"\"Trading on material non-public information is illegal. If in doubt, abstain.\"\" And this is exactly what the government officials should be doing - abstaining.\""}
{"_id": "365197", "title": "", "text": "Peer to peer lending isn't FDIC insured.  You can lose all your investment with peer to peer lending, whereas you will not lose your deposited money in a savings account, even if it doesn't grow very fast."}
{"_id": "365199", "title": "", "text": "Well, I think the first negotiation tip would be not to advertise that all  you do is million dollar contracts.  If everyone knows that's what you're going to settle on, nobody is going to be willing to offer any more than that."}
{"_id": "365220", "title": "", "text": "- heavy sour cream - cheese -  From gross corn fattened factory cow - greasy meat - From gross corn fattened factory cow - Carbo Bomb: Thick bleached white flour tortillas, white rice, beans(which are healthy if fresh) - Fried Doritos chip shell - Drink: High Fructose Corn Syrup Soda  - Preservative filled salsa packs   The healthiest thing about taco bell is not even healthy:  - hyper GMO tomatoes &amp; iceberg lettuce.   Note: I'm not against it - it tastes good - but let's not kid ourselves here..."}
{"_id": "365228", "title": "", "text": "\"In Orange County (southern California), one agent has blogged pretty extensively about using rental parity to determine when it is time to rent or buy. Rental parity is achieved when the cost of renting is equal to the cost of owning; in theory, if you buy when a home is selling above rental parity, you're overpaying, and you'd be better off renting. He has many posts on the subject; a few you might care to read would be this one, and this other one. You might get a better sense of how to calculate rental parity by looking at an example or two. There is also the NY Times calculator mentioned in other responses, and the Patrick.net calculator. Be aware, the calculators are garbage in, garbage out. In other words, you have to consider the input carefully. In particular, I found the defaults on the Patrick.net calculator were not realistic. So far as I am aware, the agent at OCHousingNews does not make his calculations public (though I have never actually asked). He's using a spreadsheet which I have never seen. That is another option, if you care to do this kind of analysis yourself. Search around, you can find a spreadsheet that someone has posted here and there. But keeping something like that updated is not trivial. In my experience, in practice, it's difficult to be totally rational and mathematical when it comes to many decisions, and as other respondents have noted, where you live is one of those decisions. Too, saying \"\"buy when rental parity is achieved\"\" is sort of like saying \"\"buy low, sell high,\"\" as though it were perfectly clear when stocks are at a bottom and/or a peak. In our case, we bought a house about 12 years ago, before rental parity was being discussed in the blogsphere. Looking back, we supposedly bought at the wrong time, according to that agent's rating system, but it turned out fine for us. Our house has appreciated, whereas the S&P 500 is basically where it was 12 years ago. Had we been thinking in terms of rental parity, we might not have bought at that time. Of course, your mileage may vary, and hindsight is always 20/20. I think the most helpful advice I can offer was something I got from a real estate agent around the time we were looking. He told me \"\"when you're looking at houses, be sure you like the floor plan and the location, because those two things are not easily changed.\"\" That advice really helped us to see things more clearly.\""}
{"_id": "365240", "title": "", "text": "As described by the other answers, there are pretty harmless explanations for that behaviour. You could be slightly worried because he gave you exceptionally good deals for both instruments, but that's neither here nor there. Maybe he simply prices all items way up to be able to give a great discount on either sale. You can't ever know; the actual price you pay in the end is what counts. What I would do: If I expect in advance (or if I notice during the negotiation) that I am put under pressure in this way, I usually try to do exactly the same, in reverse. That is, I take  a minute to explain up front that I will not, under any circumstance, buy right now, but that this is a purely informational event. I will make sure not to have my money/card with me. Any high-end salesman worth his sale should have no problem with that at all. Money aside, you are shopping for something that will mean a lot to you. The salesman is not some peddler of arbitrary wares. Everybody understands that not only do you not want to pay too high a price, but also that you want to really get the item you want, and want to be happy with it for a long time. This is a tough decision, often, and if the salesman cannot, or does not want to respect that, then it would be a clear signal for me that dubious things are going on. In fact, you would probably be unhappier if you got the wrong item for a great price than if you got a great item for a slightly too-high price. That is something you should probably not tell the salesman ;), but can keep in mind. So getting the greatest deal of all times is probably not so high on your priority list."}
{"_id": "365259", "title": "", "text": "SQL you can literally google to proficiency.   You do not need a class. Just get access to an environment with some data, start with a Select * statement, and learn 1 syntax for where clauses, 2 joins, 3 subqueries.  Its beyond basic."}
{"_id": "365262", "title": "", "text": "Add a few more cells to your header that list the interest paid in in the next 3 to 4 years on your current mortgage. Use the cumulative interest function from your spreadsheet program. In the main body of your spreadsheet, add columns that summarize the total cost over 3-4 years for each loan. Add columns that list the interest cost, total cost of interest + refi cost, and the difference between that approach and the interest costs from your current loan. Add 6 columns total: a set for 3 years and a set for 4.  Something like this: Repeat that 3 year block off to the right and plug in the 4 year numbers.  You requested that we factor in a 3.5% penalty against the money that goes to the discount fee. You could do that by adding a column that calculates this, like Joe described in his answer. Add that 3.5% accrual into the total calculation above, which in turn will knock down the amount of savings for each refi loan. PS: How are you going to earn 3.5% over 48 months?"}
{"_id": "365263", "title": "", "text": "It is an issue of both utilization and average age of accounts. If your cards with $0 balances on them are: A) newer cards than the ones you are carrying balances on and you don't want them B) much lower limit cards than the ones you are carrying balances on then you can raise your score by closing them, as the utilization change won't be a large factor and you can raise the average age of your open accounts."}
{"_id": "365268", "title": "", "text": "\"I've had an echo (well, now three of them) for more than two years.  It starts out as a novelty.  Then you find the things that are useful, which is mostly just kitchen timers, quick math &amp;amp; conversion questions, music &amp;amp; radio &amp;amp; podcasts, and trivia questions to settle an argument.  Sometimes I ask about the weather, something in the news, etc.  And then, occasionally I'll order something or add something to a shopping list.  The only home automation device I control with the echo is the thermostat (\"\"Alexa, make it cooler\"\").  The latest development is our acquisition of the Echo Show, which just adds a touch screen.  That has added the ability to   a. Shop visually, which I still don't do often;  b. Entertain/distract my toddler for a few minutes in the kitchen (\"\"Alexa, play Daniel Tiger\"\"); and  b. Video chat with my mom, for whom I also bought one (again, for keeping the kid occupied while we're cooking).  So, all in all, I don't think I'm really using it the way Amazon wants (i.e., voice purchases, and buying more Alexa-connected devices because i have this hub), but I'm still happy with it and use it every day.  And as you might gather, i am neither single nor old nor affluent.  So that's my story.\""}
{"_id": "365279", "title": "", "text": "That's a thread derailer right there.  No, is the quick answer.  I have just about enough faith in the justice system here to think that a spurious discrimination claim would eventually just be thrown out.  But in that case something has to sway you and you'd better be damn sure it doesn't look like gender was the deciding factor."}
{"_id": "365285", "title": "", "text": "Rule of thumb: To retire with a yearly income of $X, you need to save $(20*X) -- in other words, the safe assumption is that you'll average 4% returns on your stabilized savings/investments. In the case of retiring with a $50k passive pretax income, that means you need savings of $1M by the time you retire. If you want the $50,000 to be real post-tax spendable dollars, and your savings aren't in something like a Roth 401k or Roth IRA, increase that proportionately to account for taxes. How you get there depends on what you start with, how much you put into it every year, how you invest it and how many years you have before your retirement date. Passive investment alone will not do it unless you start with a lot of money; passive ongoing investment may depending on how much you can make yourself save when. To find out whether any specific plan will do what you need, you have to work with real numbers."}
{"_id": "365293", "title": "", "text": "Firstly, thank you for taking the time to respond, let me see what I can answer to help give you a bigger picture.  * I am the rental manager but like I say, it's a small unit where the operations team is only 5 strong. We all have a hand in everything really and it was my precedent for implementing procedures in the past that triggered them to ask me into looking into this.  * Honestly, I don't think I have much of a budget. That being said, if there's a price to anything and I can justify the company spending the money, they will be fair.  From a personal perspective, I never even considered that third party software would be required for this kind of thing. If there's any you could recommend (licensed or open sourced) that would be greatly appreciated.  * From what I can tell, the people in charge want a process in which we can fully understand CSAT from both a service and product standpoint. We can use the information gathered from our service feedback to improve ourselves and we can use the information gathered about the vehicles we lease (the products) so we can market them correctly in the future. Seeing how the customer feels on the vehicle's fuel economy, performance, comfort on the driver, downtime, etc. which can lead us to marketing the vehicles better or influence what vehicles we purchase moving on.  * For the most part, I think the working processes are going to remain the same, where the customer support manager will have a more active role in getting these calls/visits/emails out to the customers and react accordingly.  Again, thank you so much for your help."}
{"_id": "365294", "title": "", "text": "\"A small localized war is not tits up. Think WWIII where there is no escape from the war. No one is going to want your Monopoly Money. Especially because your \"\"currency\"\" currently relies on infrastructure maintained by the state to exist. Don't delude yourself to think it is stateless.  \"\"Hey bro, I know were in the middle of warzone. Let's just find a wi-fi hotspot so I can pay for food.\"\"\""}
{"_id": "365295", "title": "", "text": "\"Tricky question, basically, you just want to first spread risk around, and then seek abnormal returns after you understand what portions of your portfolio are influenced by (and understand your own investment goals) For a relevant timely example: the German stock exchange and it's equity prices are reaching all time highs, while the Greek asset prices are reaching all time lows. If you just invested in \"\"Europe\"\" your portfolio will experience only the mean, while suffering from exchange rate changes. You will likely lose because you arbitrarily invested internationally, for the sake of being international, instead of targeting a key country or sector. Just boils down to more research for you, if you want to be a passive investor you will get passive investor returns. I'm not personally familiar with funds that are good at taking care of this part for you, in the international markets.\""}
{"_id": "365297", "title": "", "text": "Honestly I've found that when a restaurant messes up an order, it is almost always because the cashier messed up.  So if restaurants implement touch pad ordering, and then the food preparer reads directly what I ordered, it is almost always made correctly.    I love online ordering."}
{"_id": "365298", "title": "", "text": "\"Diversify into leveraged short/bear ETFs and then you can quit your job and yell at your boss \"\"F you I'm short your house!\"\" edit: this is a quote from Greg Lippmann and mentioned in the book \"\"The Big Short\"\"\""}
{"_id": "365317", "title": "", "text": "Regarding your second bullet I would highly suggest reading Michael Lewis' book *Boomerang: Travels in the New Third World*. I just finished it myself and it provided some great insight not only into the Greek / Sovereign debt crisis."}
{"_id": "365331", "title": "", "text": "A trailing stop will sell X shares at some percentage below the current market price.  Putting in this order with a 10% trailing stop when the stock price is $50 will sell the stock when it hits $45.  It's a market order at that point (see below). A stop order will sell the stock when it reaches a certain price.  The stop order becomes a market order when the magic price is hit.  This means that you may not sell it at or below your price when the order is executed.  But the stock will sell faster because the trader must execute. A stop limit order is the same as a stop order, except the stock won't be sold if it can't be gotten for the price.  As a result, the sell may not be executed. More information here."}
{"_id": "365333", "title": "", "text": "@ Chris:  Companies like Keane, ours, and others know where to look for these funds and where to ask at the correct agencies that are holding this money that is not part of the public links that you have access to. This is how we find this information.  Our types of companies spend significant time, money and resources in finding out about the money, then finding who it actually belongs to (because it does not always belong to who is mentioned on the list) and then finding the correct individual. @ jdsweet:  I apologize if you think this is a marketing ploy.  It is not.  Our company doesn't even take phone calls from people that want us to find them money.  Only if we contact someone, because at that time we're confident that the person we touch base with is due the funds. Again, I am not plugging our company, but trying to let Neil know that in some cases he is right, you don't need a third party to claim funds for you - if you can find them.  In this case, he has looked and cannot find them.  Keane is charging a fair amount to retrieve funds he cannot find and doesn't know about and is not charging him anything to do all the work. Again, as mentioned above, the direct answer is that we know how to access information and lists that have this money hidden from the public because the agency holding the funds doesn't want you to know about it so that they can escheat the funds.  Escheating is the state's legal way to confiscate your money.   See, if you don't put in a claim for the money (depending on what type it is and where it is located) the agency and state holding the funds has certain time frames for you to get the money.  If you don't, again, they get to keep it and that is what they want despite what they say.  That is why there is approximately $33 Billion that is known to the public and really $1 Trillion that's out there. I apologize if you think that this is a plug for my company, it's not because we're not looking for calls, we make them.  I'm also not asking Neil for his business. From all accounts on my side, this seems like a fair deal."}
{"_id": "365342", "title": "", "text": "If you intend to flip this property, you might consider either a construction loan or private money. A construction loan allows you to borrow from a bank against the value of the finished house a little at a time. As each stage of the construction/repairs are completed, the bank releases more funds to you. Interest accrues during the construction, but no payments need to be made until the construction/repairs are complete.  Private money works in a similar manner, but the full amount can be released to you at once so you can get the repairs done more quickly. The interest rate will be higher. If you are flipping, then this higher interest rate is simply a cost of doing business. Since it's a private loan, you ca structure the deal any way you want. Perhaps accruing interest until the property is sold and then paying it back as a single balloon payment on sale of the property. To find private money, contact a mortgage broker and tell them what you have in mind.  If you're intending to keep the property for yourself, private money is still an option. Once the repairs are complete, have the bank reassess the property value and refinance based on the new amount. Pay back the private loan with equity pulled from the house and all the shiny new repairs."}
{"_id": "365364", "title": "", "text": "Another case of a company retaining control of the pension fund and suddenly not being able to pay out. When will people learn? Pension shouldalways be paid out to a third party account that the employer can't touch once it has been deposited. That way you dont risk the company taking your pemsion with it when it goes under."}
{"_id": "365370", "title": "", "text": "&gt; This constant belief that services should cost a percentage instead of a fixed rate that everyone pays is a joke.  Your position makes good sense but if everyone paid a fixed rate in taxes then about %25 of the people would go broke.  It doesn't seem fair that someone working within the system is bankrupted by the system.  Seems to me we need to first fix unfairness in wages.  Anyone who works full time for the system should at least be able to afford a modest life including health care, retirement, and taxes.  Then I think it is right to demand they pay taxes to the system.  Would you agree?"}
{"_id": "365372", "title": "", "text": "This story is about military grocery stores - i.e.: grocery stores for military personnel on military bases. There are no discounts for military personnel in a regular grocery store. But they may have subsidised prices in grocery stores located inside a military installation, and these are those stores that the story is talking about."}
{"_id": "365410", "title": "", "text": "This article may be a good place to start [Introduction to Smart Pricing: How Google, Priceline, and Leading Businesses Use Pricing Innovation for Profitability](http://www.ftpress.com/articles/article.aspx?p=1569334)   It gives a brief overview of three pricing strategies, cost plus, competition based pricing and consumer based pricing.  **Edit** -This may also be helpful [Social Science Research Network](http://www.ssrn.com/en/)"}
{"_id": "365421", "title": "", "text": "\"If they'd just let me cast stuff from an app like I do with 90% of the stuff I watch off Netflix I'd probably watch stuff a ton more from it.  Netflix + chromecast is so brainless that I can just toss on any old thing without investing much time or effort.  Watching Prime stuff is, like I said, an inconsistent hassle.  Like... I just fired up the Amazon app on my phone.  Oh, there's the new Tick show right at the top.  I click on it.  The only option is to add it to my \"\"Watchlist.\"\"  What's that noise?  What if I just want to watch it now on my phone?  Where even is that watch list useful?  I really feel like Amazon is too worried about selling their relatively cheap hardware.  If they just let me actually watch their content, I'd be able see some actual value in it.  And yeah, the hardware is cheap, so why not just get a fire stick?  Because then I have another fucking power cord I have to route through my wall and another input to manage on my TV.  I already have a streaming device for everything else that offers a consistent and stable experience for every other stream service I use.  Why can't Amazon just play nice?!  Oddly, I think they want to sell their hardware to help push their content... but I'm _trying_ to watch their content already!\""}
{"_id": "365438", "title": "", "text": "\"To someone not used to the us way of labeling it does feel pretty disingenuous to call something \"\"made from 100% chicken\"\" and it's obviously meant to be deceptive. You also have stuff like \"\"Parmesan cheese\"\" which is neither Parmesan nor cheese but some cheap variant which contains cellulose or something.\""}
{"_id": "365442", "title": "", "text": "\"Not trying to shit on your story, but it seems everyone who went to a non target is saying \"\"all you need is X\"\". Sure, whatever the hell \"\"X\"\" is helps, but nothing can compare to having OCR. The banks literally go to your school to recruit kids. You have a decent resume and do a resume drop, you're guaranteed several first rounds *at least*  The superday is all up to you\""}
{"_id": "365451", "title": "", "text": "Just from the premise that radical social change is necessary, I think it falls to economists to start coming up with models for not just the economy as-is, but for alternative forms of economy. Obviously people can laugh off the idea of returning to sustainable tribes, but maybe we can at least consider forms of currency that price the worst catastrophe in human history into the market."}
{"_id": "365456", "title": "", "text": "There are quite a few questions as to how you are recording your income and expenses.   If you are running the bakery as a Sole Proprietor, with all the income and expense in a business account; then things are easy. You just have to pay tax on the profit [as per the standard tax bracket].   If you running it as individual, you are still only liable to pay tax on profit and not turnover, however you need to keep a proper book of accounts showing income and expense. Get a Accountant to do this for you there are some thing your can claim as expense, some you can't."}
{"_id": "365462", "title": "", "text": "It's not the legitimate checks or bounced checks that are the problem, it's phony checks issued against real accounts with actual money in them.  All the security measures on the check don't amount to crap if someone can print up some legitimate looking checks with bogus amounts on them, or even just steal some printed checks and sign something resembling the authorized signature."}
{"_id": "365463", "title": "", "text": "&gt; we make a trade-off between time to execute and market impact.  Is your time frame any longer than intraday? I imagine you wouldn't want to carry that risk overnight if you're a broker or selling a route..  &gt; we will join the bid for some fraction of our size, and also hit the offer when it looks like the price might be moving away from us  So, say for instance you join a bid a few levels down, you aren't really get filled, you start hitting the offer and eventually you realize you're competing with someone for the shares offered, so you take out the price level and bid on all the exchanges so that you're first on the bid at that level, then repeat until someone that can match your appetite starts to fill you on the bid?  &gt; In some certain situations we will even sweep the book several levels deep to avoid tipping off market makers and having them adjust in anticipation of the rest of our order.  Right, so say you need 100k shares, there are 10k offered at 9.98, 25k offered at 9.99, and 65k at 10.00, you might just enter an intermarket sweep order of 100k @ 10 limit and hope that you can get most of the shares off before everyone can cancel?  I imagine there has to be a lot of bidding it up to attract sellers and then letting people take out your bids all day...  I have a few other questions I would appreciate your insight on. Just trying to ascertain how orders are filled when, as you put it, time is more important than market impact to the client - when they need to take a large amount of liquidity as quickly as possible and as orderly as possible.  Let me know if you'd rather I pm you about this or the additional questions, I work in the industry as well so I know privacy is paramount."}
{"_id": "365464", "title": "", "text": "Having the counties man up and foreclose would be the best thing possible. The new owners could sell the property at a rate that the bank doesn't want to sell it for then the new homeowners can move in, thereby causing one less vacant house.  If they foreclosed on this as quickly as some of the banks have they could clean up the entire county and sell the properties in less than 6 months. If all of the distressed property is sold at a loss there will be negative effects on people trying to sell right now - but guess what - a year from now those distressed properties will be off the market and it'll rebound back up to current levels or higher."}
{"_id": "365465", "title": "", "text": "\"Very simple. You open an account with a broker who will do the trades for you. Then you give the broker orders to buy and sell (and the money to pay for the purchases). That's it. In the old days, you would call on the phone (remember, in all the movies, \"\"Sell, sell!!!!\"\"? That's how), now every decent broker has an online trading platform. If you don't want to have \"\"additional value\"\" and just trade - there are many online discount brokers (ETrade, ScotTrade, TD Ameritrade, and others) who offer pretty cheap trades and provide decent services and access to information. For more fees, you can also get advices and professional management where an investment manager will make the decisions for you (if you have several millions to invest, that is). After you open an account and login, you'll find a big green (usually) button which says \"\"BUY\"\". Stocks are traded on exchanges. For example the NYSE and the NASDAQ are the most common US exchanges (there's another one called \"\"pink sheets\"\", but its a different kind of animal), there are also stock exchanges in Europe (notably London, Frankfurt, Paris, Moscow) and Asia (notably Hong Kong, Shanghai, Tokyo). Many trading platforms (ETrade, that I use, for example) allow investing on some of those as well.\""}
{"_id": "365476", "title": "", "text": "In general spreadsheets can do all of what you ask. Have a try of some online training like these to get started."}
{"_id": "365479", "title": "", "text": "This is a somewhat complicated question because it really depends on your personal situation.  For example, the following parameters might impact your optimal asset allocation: If you need the money before 3 years, I would suggest keeping almost all of it in cash, CDs, Treasuries, and ultra safe short-term corporate bonds. If however, you have a longer time horizon (and since you're in your 30s you would ideally have decades) you should diversify by investing in many different asset classes.  This includes Australian equity, international equity, foreign and domestic debt, commodities, and real estate.  Since you have such a long time horizon market timing is not that important."}
{"_id": "365521", "title": "", "text": "Conversions are done on a pro-rata basis.  If you haven't yet paid tax on the money, you need to do so in the process of converting. Let's say you have a total of $50k in your account: If you decide to convert half of this to a Roth ($25k), you'd owe tax on $20k of that, because 80% of your holdings in the traditional IRA have not been taxed yet.  The non-deductible contributions have been taxed, so you don't need to pay tax again on that part. More information is here."}
{"_id": "365558", "title": "", "text": "In many countries, giving something free to the employee is considered a taxable income equivalent, and taxes have to be paid on it. As it cannot be assigned to specific employees, the company pays a flat tax on it, so it actually costs the company more. Also, not all employees value it equally, or consider it as a part of their income, so reducing the salary accordingly would not be considered ok by many employees. As a result, the company can only do it as an additional offer, which is too expensive for small businesses."}
{"_id": "365561", "title": "", "text": "If you've agreed to pay the money, then you owe them whether they have a valid credit card number of yours or not. If they want to report your debt to a collections agency and/or credit bureau, they can. Which would suck for you. It may not be that likely over $9.99 or whatever, but my point is that it's still a small risk even with a temporary card number."}
{"_id": "365568", "title": "", "text": "Invisible Hand is a good online shopping Extension.  It compares prices of products to other web retailers as you are looking at the product."}
{"_id": "365574", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.mercatus.org/publications/reforming-bank-examination-procedures-cfpb) reduced by 90%. (I'm a bot) ***** &gt; The legislation under consideration today includes vital reforms to the bank examination process by banking regulators, to the Consumer Financial Protection Bureau&amp;#039;s jurisdiction and enforcement powers, and to the statutes enforced by the CFPB. These changes will help to provide more certainty and predictability to banks, and they will begin to alleviate barriers to entry which have made it all but impossible to open new banking institutions in recent years.  &gt; Bank regulators have shown an unwillingness to coordinate bank examinations.  &gt; Reform of the examination process, of the CFPB&amp;#039;s powers and statutory authority, and of the use and abuse of reputation risk in bank examination and regulation will go a long way toward pruning the regulatory thicket that has stifled new bank formation in recent years.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6n51bh/reforming_bank_examination_procedures_and_cfpb/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~166242 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **statute**^#2 **examination**^#3 **regulator**^#4 **Financial**^#5\""}
{"_id": "365597", "title": "", "text": "\"For person A to be protected (meaning able to recover some or all of the money should the other party try to welsh on the deal), the two of them must have entered into a valid, binding contract where both parties acknowledge and agree to the debt and the terms. Such a contract is subject to the Statute of Frauds, a collection of laws governing contracts which is mostly borrowed from English common law. The basics are that in all cases, a \"\"contract\"\" is only formed when both parties agree, technically when one party accepts an offer made by the other party. Both the offer and acceptance must be made sincerely. For a contract, once entered, to be enforceable, proof of the contract's existence and terms must itself exist. Certain types of transactions (real estate, large amounts of money) require contracts to be in written form, and witnessed by a trusted third party (in most cases this party is required to be a notary public). And contracts must have a certain amount of quid-pro-quo; contracts that provide a unilateral benefit can be thrown out on a case-by-case basis. A contract that simply states that Person B owes Person A money, without stating what benefit Person A had provided Person B in return for the money (in this case A gives B the money to begin with), is unenforceable. The benefits must of course be legal on both sides; a contract to deliver 5 tons of cocaine will not be upheld by any court in any free country, and neither will any contract attempting to enforce hush money, kickbacks, bribery etc (though some toe the line; one could argue that a signing bonus is tantamount to bribery). In some cases even seemingly benign clauses, like \"\"escape clauses\"\" allowing one party a \"\"free out\"\", can make the contract unenforceable as they could be abused to the severe detriment of one party. There are also jurisdiction-specific rules, such as limits on \"\"finance charges\"\" for debts not owed to a \"\"bank\"\" (a bar, for instance, cannot charge 10% on an outstanding tab in the United States). This is HUGE for your example, because if Person A had specified an interest rate in excess of the allowed rate for non-bank lenders, not only will the contract get thrown out even though Person B agreed to the terms, but Person A could find themselves on the hook for punitive damages payable to Person B, FAR in excess of the contracted amount. Given that the agreement meets all tests of validity for a contract, if either party fails to perform in accordance with the contract, causing a loss or \"\"tort\"\" for the other party, the injured party can sue. Generally the two options are \"\"strict performance\"\" (the injuring party is ordered by the court to comply exactly with the terms of the contract), or payment of net actual damages and dissolution of the contract. In your example, if Person A had lent Person B money, strict performance would mean payment of the debt in the installments agreed, at the rate agreed; actual damages would be payment of the outstanding balance plus current interest charges (without any further penalty). Notice that it's \"\"net\"\" damages; if Person A was to issue the loan in installments, and missed one, causing Person B to suffer damages from the loss of expected cash flow directly resulting in their failure to pay according to the terms, then Person B's proven damages are subtracted from A's; very often, the plaintiff in a suit to recover money can end up owing the defendant for a prior failure to perform. There are further laws governing bankruptcy; basically, if the other person cannot satisfy the contract and cannot pay damages, they will pay what they can, and the contract is terminated with prejudice (\"\"no blood from a turnip\"\").\""}
{"_id": "365603", "title": "", "text": "Completely different. Canadians can be deemed non-residents by severing their residential ties with Canada and emigrating to another country, and no longer required to file unless they have certain sources of Canadian income. *See* http://travel.gc.ca/travelling/living-abroad/taxation   No such classifications exist with US citizenship. You file a return no matter what, even if you haven't stepped foot in the US in decades."}
{"_id": "365605", "title": "", "text": "Hmm, looking at the macro economy, hoarding money will decrease the monetary supply, so the Fed will offset that with increases to the monetary supply to achieve target interest rates.  Which will lead to higher inflation, hurting your savings minus debt.  Exactly what's going on in the rest of the economy.  For investment sake, can't you find something with at least some sort of return, rather than getting nothing with physical currency?"}
{"_id": "365627", "title": "", "text": "\"If a stock is trading for $11 per share just before a $1 per share dividend is declared, then the share price drops to $10 per share immediately following the declaration. If you owned 100 shares (valued at $1100) before the dividend was declared, then you still own 100 shares (now valued at $1000). Generally, if the dividend is paid today, only the owners of shares as of yesterday evening (or the day before maybe) get paid the dividend. If you bought those 100 shares only this morning, the dividend gets paid to the seller (who owned the stock until yesterday evening), not to you. You just \"\"bought a dividend:\"\" paying $1100 for 100 shares that are worth only $1000 at the end of the day, whereas if you had just been a little less eager to purchase right now, you could have bought those 100 shares for only $1000. But, looking at the bright side, if you bought the shares earlier than yesterday, you get paid the dividend.  So, assuming that you bought the shares in timely fashion, your holdings just lost value and are worth only $1000.  What you do have is the promise that in a couple of days time, you will be paid $100 as the dividend, thus restoring the asset value back to what it was earlier.  Now, if you had asked your broker to re-invest the dividend back into the same stock, then, assuming that the stock price did not change in the interim due to normal market fluctuations, you would get another 10 shares for that $100 dividend making the value of your investment $1100 again (110 shares at $10 each), exactly what it was before the dividend was paid. If you didn't choose to reinvest the dividend, you would still have the 100 shares (worth $1000) plus $100 cash. So, regardless of what other investors choose to do, your asset value does not change as a result of the dividend.  What does change is your net worth because that dividend amount is taxable (regardless of whether you chose to reinvest or not) and so your (tax) liability just increased.\""}
{"_id": "365632", "title": "", "text": "I'm going to guess you're on Verizon and your wife has an iPhone. I just went through this exact same situation with my mom's phone last week. When you're off contract with Verizon you're saving $25/month on your plan (at least, I am), so staying off contract is big. If you do the monthly payment you're paying full retail over 2 years, without interest, so you do stay off contract at least. Here's the thing, as long as it's a 16GB iPhone 5 or better, you're going to be able to Craigslist it for the cost of the deductible, no problems. To me that makes the decision pretty easy to make. As long as you can Craigslist it for more than the deductible, get the insurance replacement. Then when you want a new phone you can sell your old one. Since you can sell the phone, I think that makes the comparison between the deductible and deciding to pay off the $100 now and start payments on the new phone less relevant. The real comparison I'd suggest looking at is the value of the phone and the deductible."}
{"_id": "365648", "title": "", "text": "\"In addition to Alex B's excellent overview, I'd like to add a few more bits of advice. First of all, one term you should know is \"\"commercial real estate\"\" - which is precisely what this is. There is a business element, but it is strictly (and almost entirely) intertwined to the underlying real estate, which makes this a special category of business which is generally considered simply \"\"commercial real estate\"\" (just like office buildings, shopping malls, etc). All real estate and businesses value are based on alternatives - what other options are there? In appraisal, these are generally called \"\"comparables\"\". A professional appraiser is generally available for commercial real estate of this type. While a full, official commercial appraisal can run into the thousands, many/most (all?) appraisers are willing to sell you a simplified version of their service, which can be called a \"\"letter of opinion\"\" and can help you get an idea for the market price (what other similar commercial properties are running for). A loan company would strictly require this, but if you are thinking of an all cash or form of seller-financing this would technically be optional. Your best bet is to read about some of what is involved in commercial real estate appraisal and evaluation, and you may even want to speak with commercial loan officers - even if you don't know that you want to get a loan to acquire the property! It's their job to help inform you about what is required and what they look for, so they can be a potential resource beyond your own research as well. With this said, the only way to estimate value (and, conveniently, the best way) is to look at other properties! And by \"\"others\"\", I mean that you should really not consider buying absolutely anything until you've viewed at least 6-10 other options in some depth - and you probably want to double or triple that number if you are looking to make this the last big business transaction of your life. If you don't you'll be relying on little more than dumb luck to carry you through - which in this area of business, you don't want to do because the dollar amounts and liabilities involved can bankrupt you in no time flat. With that general advice out of the way, here's a tiny nutshell version of valuation of commercial real estate. There are a few key parts involved in commercial real estate: land, improvements (buildings, docks, stuff like that), income, and wages.  Land: the value of the land is based upon what you could sell it for, as-is. That is to say - who else might want it? This alone has many important factors, such as zoning laws, the neighborhood (including your neighbors), water/utilities, pacts on the land (someone may have insisted the land not be paved into a parking lot, or really anything like that), alternative uses (could you put a golf course on it, or is the land suitable for a big building or farming?), etc. And is this in a growing area, where you might hope the value will increase over the next decade, or decrease, or basically stay flat (and possibly cause losses compared to inflation)? Improvements: anything on the land is both an asset and a liability. It's an asset because it could add to the value of the land, but it might also reduce the land value if it interferes with alternate land uses. It's a liability, both in the legal sense and in that it requires maintenance. If you want to rent them out, especially, that means concern about any foundations involved, termites, roofs, sewage/septic tanks, utilities that are your responsibility (pipes, poles, wires), as well as any sort of ac/heating you may have, docks, and so on. These things are rarely free and absolutely can eat you alive. Income: Ah, the best part, the constant influx of cash! But wait, is it a constant influx? Some businesses are purely seasonal (summer only, winter only), some are year-round but have peak times, and others don't really have a \"\"peak\"\" to speak of. If you are renting, are there issues collecting, or with people over-staying? How about damage, making a mess, getting rowdy and disturbing others? Regardless, there is obviously some income, and this is usually the most dangerous part of the equation. I say \"\"dangerous\"\", because people absolutely lie like dogs on this part, all the time. It's easy to cook the books, assuming they even attempt to keep proper books in the first place! Businesses of this form often have a lot of cash business that's easy to hide (from Uncle Sam, or sometimes even the owners themselves if there are employees involved) - and fake! And some people are just shoddy bookkeepers and the info is just wrong. But, there will clearly be some kind of yearly income involved. What does this matter? Well...how much is there? How much is tied to the owners (personal friends do business and they will leave if the ownership/management changes)? In commercial real estate the income will be calculated for a fiscal year, and then there is something called a \"\"multiple\"\", which is market dependent. Let's say the whole place takes in $100k in rent a year. As part of buying this business, you are buying not just assets, but expected future income. In some commercial areas the multiple is as little as .5 to 2 - which means that the going rate is about 6-24 months worth of income, as part of the purchase price. So with 100k rent a year, that means 50k-200k of the purchase price is attributable to the income of the business. And if business is half of what you thought it would be? That means the net value of the whole enterprise decreases by 25k-100k - on top of the reduced income every year you own it! Income provides cash flow, which should pay all the expenses (cleaning up from wind storms, replacing windows that are broken, hauling off trash, replacing a well that ran dry), and then the extra that remains is positive cash flow. If you take out a loan, then ideally the cash flow would also pay that completely so long as you don't have any big unexpected expenses in the year - and still have some left over for yourself. Wages: Well, that money doesn't collect itself! There's sales, keeping the books, collecting the rent, performing maintenance, customer service, cleaning, paying the bills, keeping the insurance people happy, handling emergencies, and everything else involved with running the business. Someone is going to do it, and the biggest error people make here is not to put any value on their time - and to make it so they can never afford to take a vacation again! Pay yourself, and give yourself the flexibility to pay others when you can't (or don't want) to do it all yourselves. So, what's the point of all this? How do you actually make any money? In two ways: 1) selling the whole thing later, and 2) cash flow. For 1, it's important that you not be in a situation where you are betting that in the future there will be a \"\"person richer, and dumber, than I am now\"\". If the current owner wanted 2 million, then 1 mil, then less, over multiple years...this suggests either he is delusional about the value of his place (and most property owners are), or that its actually hard to find a buyer for such a business. You are going to want to make sure you understand why that is, because most of the value of real estate is...well, in the real estate itself! For 2, you need cash coming in that's considerably more than the cost of running the place. Also, cash flow can strongly change the value of the business for resale (depending on the multiple, this can make a huge difference or prevent you from selling the thing at all).  You mentioned you want to put in more cabins, more marketing/sales efforts, etc. That's great, but first, that would mean added investment beyond the purchase price. Is it legally and physically practical to add more cabins, and what is their current utilization rate? If they are only renting 10% of their current capacity, increasing capacity may be premature. This will also vary through the year, so you may find there is a problem with being sold out sometimes...but only for a small percentage of the time. Which means you'll be adding buildings only to have them used for a fraction of the year, which will be very hard to make a profit from. If cash flow is good, ideally even being enough to cover a loan payment to help cover the purchase price (and remember that commercial real estate loans are much smaller loan-to-value ratios than in residential real estate), there is one final barrier to making money: the damn non-regular maintenance! Roofs, wells, and wooden walls all have a sad tendency to cost you nothing right up until the point they cost you $30k+ on a single day. Is there enough cash flow to make these sort of certainties (and if you plan to be there for years, they are a certainty) not put you in the poor house? This was rather long, but I hope this overview helps you appreciate all that you'll need to look into and be cautious of during your future en-devour! Commercial real estate is generally costly and high-risk, but also can be high reward. You'll need to compare many opportunities before you can get a \"\"feel\"\" for what is a good deal and what is a terrible one. You'll need to consider many factors, such as resale value and cash flow/income (which they will have to tell you and you can assume is not true, due to ignorance or malice), as well as maintenance and liabilities, before you can begin to really estimate the value of an enterprise of this sort. There are people who can help you, like appraisers and commercial brokers, but ultimately you'll need to do a lot of research and comparisons yourself to help you make a good decision.  Finally, there is no very simple method for evaluating commercial real estate value. You need a variety of information, and you must be skeptical of what you are told because of the very large sums of money involved. It is doable (lots of people do it), but you must take care and do your due diligence so you don't get bankrupted by a single bad purchase.\""}
{"_id": "365651", "title": "", "text": "You should. The impact on the credit score is small, and probably not worth the money of the annual fee. I would only change that if you plan to get a mortgage or car loan the next month - then wait until afterwards."}
{"_id": "365661", "title": "", "text": "I would even say 1% is not even reasonable in this age.  The short answer is there probably isn't much you can do directly.  However, there are a few things to consider:"}
{"_id": "365664", "title": "", "text": "\"As a Brit, I try to avoid just saying \"\"no\"\" outright at work. Rather, I would question why they needed something if I didn't see the need for it (it may well be that I'm just not seeing something that they are, because they have more experience). I also try to phrase questions in a way that is respectful and doesn't back my superiors into a corner. Of course ultimately it just comes down to social skills which you'd use in daily life outside work anyway.\""}
{"_id": "365666", "title": "", "text": "I'm taking a problem associated with humans.  People in Rome got powerful and wealthy enough that they were able to break the democratic societial bounds and did things like bound over the Rubicon.    What is a government but a voluntary society?  I guess I don't understand the question."}
{"_id": "365675", "title": "", "text": "\"Mutual funds can be relatively low risk and a good starting point. Really it depends on you.  What are your goals? This is a pretty open ended question. These can all be low risk and provide some return.  Note \"\"Less Knowledge\"\" is never a good qualifier for an investment. Your money is your business and you are entitled to know what your business is up to.\""}
{"_id": "365679", "title": "", "text": "How is that data meaningful though?   Let's follow your example and say someone went to the horror film, well do we know they'd pay for it, or did they go because it's free?   The second any movie goer goes once this company is in the red, it makes no sense and there must be more to it than this data play"}
{"_id": "365686", "title": "", "text": "I studied for a month, five days a week eight hours a day. Two four hour shifts so i could take a nap. Passed my first attempt with an 80%. I used STC and the consensus in the industry is they are the best. I passed the 66, so i have no advice for you in that regards."}
{"_id": "365689", "title": "", "text": "No, GnuCash doesn't specifically provide a partner cash basis report/function. However, GnuCash reports are fairly easy to write. If the data was readily available in your accounts it shouldn't be too hard to create a cash basis report. The account setup is so flexible, you might actually be able to create accounts for each partner, and, using standard dual-entry accounting, always debit and credit these accounts so the actual cash basis of each partner is shown and updated with every transaction. I used GnuCash for many years to manage my personal finances and those of my business (sole proprietorship). It really shines for data integrity (I never lost data), customer management (decent UI for managing multiple clients and business partners) and customer invoice generation (they look pretty). I found the user interface ugly and cumbersome. GnuCash doesn't integrate cleanly with banks in the US. It's possible to import data, but the process is very clunky and error-prone. Apparently you can make bank transactions right from GnuCash if you live in Europe. Another very important limitation of GnuCash to be aware of: only one user at a time. Period. If this is important to you, don't use GnuCash. To really use GnuCash effectively, you probably have to be an actual accountant. I studied dual-entry accounting a bit while using GnuCash. Dual-entry accounting in GnuCash is a pain in the butt. Accurately recording certain types of transactions (like stock buys/sells) requires fiddling with complicated split transactions. I agree with Mariette: hire a pro."}
{"_id": "365704", "title": "", "text": "\"You can learn very little from it. Company directories are often given share options or shares as a bonus, and because of that they are unlikely to buy shares. When they sell shares, you'll hear people shouting \"\"so-and-so sold his or her shares, they must know something bad about the company\"\".  The truth is that you can't eat or drink shares. If that company director owning shares worth a million dollars wants to buy a new Ferrari, he will find that Ferrari doesn't give free cars to people owning lots of shares. He actually has to sell the shares to get the money for the car, and that's what he does.\""}
{"_id": "365715", "title": "", "text": "If it is US, you need to take tax implications into account.  Profit taken from sale of your home is taxable.  One approach would be to take the tax hit, pay down the student loans, rent, and focus any extra that you can on paying off the student loans quickly.  The tax is on realized gains when you sell the property.  I think that any equity under the original purchase price is taxed at a lower rate (or zero).  Consult a tax pro in your area. Do not blindly assume buying is better than renting.  Run the numbers.  Rent Vs buy is not a question with a single answer.  It depends greatly on the real estate market where you are, and to a lesser extent on your personal situation.  Be sure to include maintenance and HOA fees, if any, on the ownership side.  Breakeven time on a new roof or a new HVAC unit or an HOA assessment can be years, tipping the scales towards renting.  Include the opportunity cost by including the rate of return on the 100k on the renting side (or subtracting it on the ownership side).  Be sure to include the tax implications on the ownership side, especially taxes on any profits from the sale. If the numbers say ownership in your area is better, then try for as small of a mortgage as you can get in a growing area.   Assuming that the numbers add up to buying:  buy small and live frugally, focus on increasing discretionary spending, and using it to pay down debt and then build wealth. If they add up to renting, same thing but rent small."}
{"_id": "365721", "title": "", "text": "I am no expert on the situation nor do I pretend to act like one, but, as a business owner, allow me to give you my personal opinion. Option 3 is closest to what you want. Why? Well: This way, you have both the record of everything that was done, and also IRS can see exactly what happened. Another suggestion would be to ask the GnuCash maintainers and community directly. You can have a chat with them on their IRC channel #gnucash, send them an email, maybe find the answer in the documentation or wiki. Popular software apps usually have both support people and a helpful community, so if the above method is in any way inconvenient for you, you can give this one a try. Hope this helps! Robert"}
{"_id": "365740", "title": "", "text": "So by your logic, if a guy mugs you on the street, you're being extorted by his mechanic for charging so much to fix the mugger's car?  Like the mugger, Boeing didn't have to resort to extortion to pay it's bills. It could have gotten money honestly, but extortion was easier, it already had the weapons, and it wasn't afraid of the consequences."}
{"_id": "365749", "title": "", "text": "&gt; If a high school drop-out with nothing but a typing diploma could do it, so can you.  horrible summary to a great testimony  what he did was 1. work his ass off, 2.  became and stayed persistent, 3. kept his goals in mind every second for years"}
{"_id": "365752", "title": "", "text": "Hope you figure it out.  There wouldn't be a different RFR / discount rate because you're assuming a return on parked cash - that's what it's for.  Since both situations would theoretically happen simultaneously you use the same rate unless you would do something different with cash in each instance."}
{"_id": "365763", "title": "", "text": "Most commonly, unless you read 'fair value target price,' an analyst's target price is a 12-month target price. Typically, there is a firm wide policy determining which time horizon to use. No analyst would provide an open ended target price, it doesn't make any sense (you discount cash flows to a certain period, adjust for inflation, etc). So there is always a time horizon."}
{"_id": "365771", "title": "", "text": "If it was me, I would organize something along these lines.  in large part because down the road when it comes time to purge stuff like small receipts, utility bills etc, you'll be doing it per year, at the 7 year point or something similar. Year first Under that major categories such as Mortgage, Utilities, Credit, Major Purchases, Home Improvement, Other I'd do a monthly breakdown for Other since it's likely to have a lot of little stuff, and bulking it up by month helps to organize it.  But I'd not bother with that for the other items, since there's going to be limited items in each one. If you are scanning stuff on a regular basis, and using a decent naming convention for the receipts, then you could easily sort by date, or name, within any of the larger categories to see for example, all the electric bills. in order. You might also want to look at a cloud service such as DOXO as an alternative to storing this stuff at home (they also work with a number of companies to do electronic billing etc)  In terms of retention, if you are a homeowner, save anything related to your mortgage and anything that goes towards the house, even little maintenance stuff, and any improvements, as all of that goes against the cost basis of the house when you sell.  Generally, after 7 years, you are unlikely to need anything in the way of small receipts, utility bills, etc.   in any case, be sure you have regular backups offsite, either by storing stuff in the cloud such as doxo, or via a regular backup service such as carbonite.  you don't want to lose all your records to a house fire, natural disaster, or having your computer stolen etc."}
{"_id": "365784", "title": "", "text": "Honestly their website fails when compared to amazon and Walmart. the stores don't seem to have any control in what they get in. The one around my area has just received tons of years old overstock. I rarely go there anymore because I hate  that I can never find what I was after.    That's besides the point that you get harassed by the associates about sales plans batteries and about 5 other things as soon as you try to check out. that just infuriates me"}
{"_id": "365799", "title": "", "text": "The correct p/e for bp.l is 5.80. Bp.l is on the London stock exchange and prices are in local currency. The share price of 493 is reported in pence (not dollars). The EPS is reported in pounds. Using .85 pounds = 85 pence, you calculate the EPS as follows: 493.40/85 = 5.80 PE Yahoo totally screwed up. They converted the .85 pounds into US dollars ($1.34) but didn't convert the 493 pence. By using the 493 as dollars, they got 493.9/1.34 = 368 pe! Notice that Yahoo reports the American Depository Shares (symbol 'BP') with an EPS of $8.06. That correctly reflects that there are 6 shares of BP.l per ADS (1.34 * 6 = 8.04). But why is the share price listed at $46.69? Well...  493 GBp (pence) = 4.93 pounds 4.93 pounds  = 7.73 USD 7.73 USD * 6 shares per ADS = 46.38 USD"}
{"_id": "365804", "title": "", "text": "\"Your best shot in terms of credit card \"\"compatibility\"\" would probably be a very large private European Bank, like Deutsche Bank, HSCB or the like issueing a MasterCard. In England it is quite difficult to get an account without being a resident, but I think HSBC offers a so called \"\"Passport\"\" account to non-residents with all the usual cards and benefits, even overdraft, but it's probably expensive.   I think you underestimate how heterogeneous the banking world in Europe is. There are plenty of different local systems in each country. France has it's custom CB system and Germany has a system called GiroPay and a cashless system called GeldKarte (which no one really uses). Even if you have a Mastercard or Visa with pin from a European bank, there is no guarantee that it'll work everywhere reliably. I remember my German housemate having loads of trouble with his amazon.de Mastercard in England. In addition, you will most likely be charged for paying with your CC and ATM/Cashpoint withdrawals in any other country. Fees can range up to 3% for a transaction. So ideally you profile which European country you travel to the most and set up the account there. You should also look for cooperations between certain European banks. I remember Barclays and Deutsche Bank cooperating. On a side note: I'm still amazed by how backwards some banking systems are, e.g. the English. I've been using secure (pin/tan) online-banking in Germany for over 10 years. Transfers are quick, international transfers are free, as long as they are in Euro etc. Everything runs pretty smooth. Not so in England, you need to confirm online transactions over the phone (wtf?) and your only security is a pin and memorable information. Inter-bank transfers, if not set up online, cost up to 30 pounds, even though I could just go to the other bank, draw the cash there and pay it in to the account for free. International transfers start at 20 quid etc.   I could hardly imagine, living in a cheque reliant system like the states anymore.\""}
{"_id": "365816", "title": "", "text": "It totally is. The money they have comes from new investors buying in, and not from profits. That's the definition of a Ponzi scheme.  They keep going back to the street again and again for more rounds of investment, and they are no closer to profitability. There are more and more competitive options out there so they're not even increasing their market dominance."}
{"_id": "365828", "title": "", "text": "Either, since I don't think you can go wrong (but it also depends on what you plan on doing). Its not just the language that's important, but the way it teaches you to think about algorithms or frameworks that might apply elsewhere.   At the very least, if you don't take a programming course, pick up SQL or VB to script Excel stuff."}
{"_id": "365829", "title": "", "text": "I can see a long-term existence for it. I doubt it will replace national currencies but I also think there is some value. Gold is purely speculative as well but it's thrived for a very long time. I see this as basically a digital version of gold."}
{"_id": "365847", "title": "", "text": "\"I'm not familiar with the law and taxes in India but can provide guidance based on general accounting and tax principles. You are right that receiving money as a loan is not income and isn't liable to income tax. Therefore i suggest you actually formalise this loan through a written contract with your friend. The contract should include all the usual elements of a loan: amount, interest (even if preferential or zero), principal, term, consequences of default and currency of loan. You can then simply state the purpose of transfer as \"\"Personal Loan Agreement\"\". If you have such a document and are questioned by tax authorities you can easily show that the inward remittance is from a loan and should therefore be treated like any commercial loan for tax purposes. As long as you disclose the debt in your tax return (if required in India) and your friend discloses any interest received as income i think you'll be above board and won't be liable for any income tax. To make sure, you might be better off having a quick consultation with an accountant or tax specialist in India to advise you and draft the loan agreement.\""}
{"_id": "365850", "title": "", "text": "The article doesn't say how many hours they worked, so let's work it out. If this was 12 hours a day 6 out of 7 days then it's a completely different ballgame and 220k is just what it costs. I don't care what they make in a year, I care what they would make if they were working 40 hrs a week.   &gt;The special-ops sergeant who made $265,059 is the highest paid policeman so far this year. His pay includes $115,394 in overtime.   That means he made 115k by working past 8 hours a day, five days a week. Presumably. So 265k - 115k is still 140k per year at 40 hrs.    That means that cop makes 70 dollars an hour."}
{"_id": "365851", "title": "", "text": "I have money withdrawn near when the bill is due (not early at all) and my credit score is top-notch.  It's far, far more important that you don't pay late.  I don't think paying early earns you brownie points with FICO. Now, if you have an interest-bearing checking account, and if you pay your balance in full each month, and are very, very organized, then paying at the last minute, but on time, lets you take full advantage of the free float that the credit card issuer gives you. If you have trouble rubbing two brain cells together when it comes to bills (like I do sometimes) then either set up auto-deduct from your checking account or pay the bill as soon as it comes in."}
{"_id": "365873", "title": "", "text": "1) Every credit card company charges vendors a fee. That's sufficient to make an acceptable profit per charge even if some of that money goes into marketing expenses -- and the cash-back offer is a marketing expense. 2) Many if not most consumers pay interest; probably everyone does so occasionally when we get distracted and miss a payment. 3) The offer encourages you to put more payments on the card -- and in particular on their card -- than you might otherwise. See #1; that increases net income."}
{"_id": "365899", "title": "", "text": "\"For scoring purposes, having a DTI between 1-19% is ideal.  From Credit Karma:  That being said, depending on the loan type you looking at receiving (FHA, VA, Conventional, etc), there are certain max DTIs that you want to stay away from. As a rule, for VA, you want to try to stay away from 41% DTI. Exceptions are made for people with sufficient funds in the bank (3-9 months) to go to higher DTIs. If you keep a 19% utilization overall, that will get you a higher score but it will also show that you have a monthly payment on a particular revolving credit account. While the difference between 729 and 745 seems like a lot of points, there are rules as to how the interest rates are determined. So you will find that many banks have the same or similar rates due to recent legislation in Dodd-Frank. In the days of subprime mortgages, this was not the case. Adjustable rate mortgages did not necessarily go away, the servicer just has to make sure that the buyer can weather the full amount once it reaches maturity, not the lower amount. That is what got a lot of people in trouble. From \"\"how interest rates are set\"\": Before quoting you an interest rate, the loan officer will add on how   much he and his branch want to earn. The branch or company sets a   policy on how little that can be (the minimum amount the loan officer   adds on to his cost) but does not want to overcharge borrowers either   (so they set a maximum the loan officer can charge) Between that   minimum and maximum, the loan officer has a great deal of flexibility. For example, say the loan officer decides he and his branch are going   to earn one point. When you call and ask for a rate quote, he will add   one point to the cost of the loan and quote you that rate. According   to the rate sheet above, seven percent will cost you zero points. Six   and three-quarters percent will cost you one point. In our example, at 7.125% the loan officer and branch would earn one   point and have some money left over. This could be used to pay some of   the fees (processing, documents, etc), which is how you get a \"\"no fees   -no points\"\" mortgage. You just pay a higher interest rate. Where this scoring helps you is in credit card interest rates and auto loan and personal loan rates, which have different rate structures.  My personal opinion is to avoid the use of the credit cards. Playing games to try to maximize your score in this situation won't help you when you are talking about 20 points potentially. If you were at the bottom level and were trying to meet a minimum score to qualify, then I would recommend you try to game this scoring system. Take the extra money you would put on a credit card and save it for housing expenses. Taking the Dave Ramsey approach, you should have at least $1000 in emergency funds as most problems you encounter will be less than $1000. That advice rings true.\""}
{"_id": "365902", "title": "", "text": "It is a very important to replace your window with aluminium window frames. It has many benefits. aluminium windows very easy to operate and it is long lasting. moreover, its price is more reasonable compared to other alternatives. Thus, the price of your home will increase and will benefit you in your revenue."}
{"_id": "365907", "title": "", "text": "You do not need to report gifts from US residents (US citizens/green card holders/tax residents due to length of stay) since filing gift tax return is their responsibility. In case of foreigners you need to report gifts in excess of $100K. In any case, transfers between spouses are exempt from gift tax."}
{"_id": "365915", "title": "", "text": "I had a situation like that happen at work. A girl in H.R. did that and milked maternity leave until her six months were up. Then called in and said she was resigning. My boss was talking about her to some of the staff saying she'd probably not going to come back and that the H.R. Director should be looking to replace her position. He was right, her husband had a high paying tech job and she didn't need the income so why would she stick around a dysfunctional company?   The other maternity leave was a girl in my department who got pregnant by a dude a few cubicles away. She had to go on disability 3 months before her maternity leave officially kicked in. She had my boss over a barrel and convinced him to pay the difference between disability and her salary for the entire period she was out. It appears she threatened to quit unless she got a raise and another promotion because she came back with a better title and her pay check got larger from then on. She basically held a bunch of incomplete work over his head as ransom for months. As of July when I left she just got around to doing it...so basically it took her a year to complete a project that should have taken about a week or so."}
{"_id": "365926", "title": "", "text": "You can execute block trades on the options market and get exercised for shares to create a very large position in Energy Transfer Partners LP without moving the stock market. You can then place limit sell orders, after selling directly into the market and keep an overhang of low priced shares (the technical analysis traders won't know what you specifically are doing, and will call this 'resistance'). If you hit nice even numbers (multiples of 5, multiples of 10) with your sell orders, you can exacerbate selling as many market participants will have their own stop loss orders at those numbers, causing other people to sell at lower and lower prices automatically, and simultaneously keep your massive ask in effect. If your position is bigger than the demand then you can keep a stock lower. The secondary market doesn't inherently affect a company in any way. But many companies have borrowed against the price of their shares, and if you get the share price low enough they can get suddenly margin called and be unable to service their existing debt. You will also lose a lot of money doing this, so you can also buy puts along the way or attempt to execute a collar to lower your own losses. The collar strategy is nice because it is unlikely that other traders and analysts will notice what you are doing, since there are calls, puts and share orders involved in creating it. One person may notice the block trade for the calls initially, but nobody will notice it is part of a larger strategy with multiple legs. With the share position, you may also be able to vote on some things, but that solely depends on the conditions of the shares."}
{"_id": "365963", "title": "", "text": "On a personal Loan Yes. On a business loan, it would depend on the Bank and they would like to understand the purpose of the loan and need it to be secured. They may not even grant such kind of business loan."}
{"_id": "365967", "title": "", "text": "So.... If everybody took your advice, how would you ever be able to hire other people? The economy would be composed of millions of ever-competing single-person ventures, in which some would strive, and the ones who fail would just move in to the next venture...  Being an entrepreneur requires a certain skill set and appetite for risk that not everyone has, or is in a position to take on, so the rational that only entrepreneurs deserve riches is very reductionist and dismissive of how value-creation happens."}
{"_id": "365979", "title": "", "text": "You really just need to learn about finance, trading and the markets. I know a chemical engineer that did an IB internship. He joined our universities Investments club and just learned everything from there. He never took a single business class"}
{"_id": "365980", "title": "", "text": "Imagine 4 guys in charge of the entire Evian company. CEO, CFO, Legal and Operations.   The rest are robots and automated.  You go to the factory and you see the 'machine' producing bottled water on its own, from the springs, to the plant, to the bottling, packing, even trucks are self-driving.  Kind of creepy."}
{"_id": "365988", "title": "", "text": "Umm actually asking to be refinanced at a lower rate *IS* asking them to forgive/give up part of the mortgage.  Peoples greed in getting themselves into upside down mortgages are why we have problems, not the banks not helping them out enough."}
{"_id": "365999", "title": "", "text": "What mistakes did it make?  They never made any real effort to break into the US smartphone market.  What should they do to survive?  Hold onto their emerging market share whilst making a real effort to break into the US smartphone market.  It certainly wouldn't hurt to position themselves as the premium smartphone manufacturer in the developing world either."}
{"_id": "366010", "title": "", "text": "A South Korean buyer wanted to import huge quantity of Crude Oil from a supplier in Saudi Arabia where the supplier asked for a Bank Guarantee. The buyer's company instantly contacted us and we facilitated their Crude Oil deal by providing BG MT760 after they successfully obliged to BWT\u2019s Terms."}
{"_id": "366055", "title": "", "text": "I think it's advisable to exercise a fair amount of caution when posting information about yourself online. With the advances in data aggregation efforts, information that would have been considered sufficiently anonymized in years past might no longer be sufficient to protect you from bad actors online. For example, depending on which state, and even which county you live in, the county recorder's office may allow anyone with Internet access to freely search property records by your name. If they know approximately where you live (geolocation from the IP address that you use to post to a blog--which could be divulged if criminals compromised the blogging site) and your surname, they might be able to find your exact address if you own your home. If you have considerable wealth it could open you to targeted ransom attacks from organized criminals."}
{"_id": "366074", "title": "", "text": "The 'Stora Enso' entity was formed in 1998 via a merger of 2 older companies, one that started in 1888 and the other in 1889.  They claim documentation of work as early as the 1200s-1300s. Not officially a 1,000 year old business either way."}
{"_id": "366078", "title": "", "text": "Now that the labor market in China is near saturation and wages are rising, I think that the Western factories that rely heavily on unskilled labor will start to move from China to sub-Saharan Africa.   Edit: I disagree with this line:  &gt; tried-and-true strategies of delivering charity  Those charities have come under a lot of fire recently, especially from African academics, for distorting the market economies in Africa. Massive supplies of free grain ruin the market for farmers. They inhibit the development of the agricultural sector in Africa and may be harming Africans in the long-term as much as they help in the short-term.  Foreign direct investment, better governance, and foreign-built factories will probably help Africa more than food aid."}
{"_id": "366128", "title": "", "text": "Berkshire Hathaway would be a good example of a company that has yet to pay dividends, yet is a highly valued stock. A couple of key points here to note is how on the first hand you have that the dividend policy will never change, yet couldn't one argue that there will always be new investors wanting more shares and thus the price keeps going up until someone gains control and decides to issue dividends?  I'm just pointing out how on the one hand you are claiming a never changing and yet on the other thinking there will be a termination when the reality is that unless there is a zombie apocalypse of some form, life will continue and there will be new people to want to buy the stock and some people be willing to sell at the new prices."}
{"_id": "366129", "title": "", "text": "I see too often in America that when people make it, they kick the ladder out from under them. Your poor childhood explains your current pretentions and entitlement complex, but doesn't justify them. Instead of posting about how you only demand the best when going on business-sponsored trips, you should be trying to help people make it from where you were as a kid (conditions which the majority of Americans can relate to), to a confident and stable position. But you're just going around shoving your pretentions in people's faces."}
{"_id": "366131", "title": "", "text": "I'm fully aware of that fact, however enrollment via the club card is what gets your name and address on every freaking mailing list between SkyWays and Harriet Carter.  It's also one more damned thing I have to make sure I've got, or have to remember whatever bullshit phone number I made up when I enrolled.  Just no."}
{"_id": "366132", "title": "", "text": "Is their risk taking creating jobs though?  When i bought Apple stok a few years ao, what entrepreneurial spirit did I promote or encourage?  Why not give extra tax breaks for the sale of stock purchased during a public offering (since that goes to helping the company) but not for secondhand (less necessary) trading.  Should we give big tax breaks to people who lend businesses money?"}
{"_id": "366141", "title": "", "text": "Malaysia is a highly competitive country and well known for its prowess in various corporate sectors across the globe. As a result, many international investors have a keen interest to gain market penetration and invest in Malaysia to expand to their business empires."}
{"_id": "366146", "title": "", "text": "I would say yes, it makes sense to keep some money in taxable accounts.  Retirement accounts are for retirement, and the various early withdrawal penalties are designed to enforce that.  If you're anticipating using the money before retirement (e.g., for home purchase), it makes sense to keep it out of retirement accounts. On the other hand, be aware that, regardless of what kind of account it is in, you face the usual risk/return tradeoff.  If you put your money in the S&P 500 and the S&P 500 tanks just before you were going to buy a house, your down payment evaporates and you will have to wait and buy a house later.  You can manage this by shifting the allocation of this money and perhaps cashing it out if a certain amount is gained (i.e., it grows to the level of your target down payment) and you are close enough to the house purchase time that you don't want to risk it anymore. Basically, if you invest money for a pre-retirement use, you may want to keep it in a taxable account, but you also need to take account of when you'll need it and manage the risk accordingly."}
{"_id": "366162", "title": "", "text": "You will make very little cash in real estate. Don't think of it like a money farm, unless if you have the capital to forgo the loan. The rent will pay the equity towards owning the place which at any point you can sell into cash. But you won't get lots of spending cash upfront, it takes a while to build.    Source: have a good friend who does this- the second he gets any capital he instantly buys and manages a new property. Poorest rich guy I know"}
{"_id": "366163", "title": "", "text": "I'm familiar with the software, a pigeon could very literally use it. It is is extremely basic so it's just aggravating to know that is what's stopping his hiring decision. The software literally uses color coding and easy to read click able buttons.   But nobody wants to train anyone."}
{"_id": "366191", "title": "", "text": "\"That's pure Evil right there.  Instead of addressing the \"\"need\"\" for an H1B or any of the myriad flaws in either the notion or the implementation, this basically sets out to entrench the leaders  The hysterical part is that it is inevitable that this will come out of the worker's pocket.  So that $60M, instead of being a fee paid by Microsoft, actually doesn't cost them a dime that isn't offset by a tidy little lending operation (or several messy ones).\""}
{"_id": "366209", "title": "", "text": "Is it possible for Saudi Arabia to create that much renewable energy to replace oil?  Saudi Aramco itself is estimated to be a trillion dollar company. In terms of Solar energy, America just has more land to farm solar.   Where will their edge come from?  Maybe cause political unrest/financial instability of many middle eastern countries?"}
{"_id": "366215", "title": "", "text": "Do you have any legal options? Not really. Citi is under no obligation to refinance your loan on your terms. But that goes both ways, and you are under no obligation to refinance with Citi! Get more quotes from another lender. It'll feel really good when you find a lender that wants your business. You might get a better deal. And think how good it will feel to cut ties with Citi!"}
{"_id": "366219", "title": "", "text": "I love how all of these articles are burying this fact and editorializing their headlines to paint a different picture. Pretty scummy really. The guy certainly has earned all the criticism he gets, but it's much more likely that his leave is stress related and by choice."}
{"_id": "366231", "title": "", "text": "What you are describing does not sound like an investment; it sounds like a loan. An investment involves you putting up a stake and sharing in the profits or losses of the business - there is no guarantee you will get your money back. A loan involves you putting up money for which you will receive interest and principal repayment in accordance with an agreed schedule - you get this irrespective of how the business is performing. Also, is the arrangement with your friend or his company? They are different legal entities and your risk profile is different in both cases. Whatever the arrangement you need to sign a contract which details all the terms and conditions - how much you will pay, to whom and when; how much you will get back, from whom and when; a method for resolving disputes; what happens in the event of insolvency or bankruptcy; what happens if someone breaks the terms of the contract; if your payout depends on the value of the business at some future date, how it is to be valued; etc. etc. Two points: I am not a lawyer, I am not your lawyer."}
{"_id": "366243", "title": "", "text": "My sister just purchased a house for $35k in moderate sized midwestern city. Even fully financed, that's &lt;$200/month. The house has 3 bedrooms and a decent sized yard. There's lots of houses in that area for similar prices, some in better shape than others."}
{"_id": "366249", "title": "", "text": "You wouldn't know it's value (Enterprise Value) without knowing its cash balance.  The equation:   EV = Market Cap + Minority Interest + Preferred Stock + Debt - Cash  Enterprise Value is the value of the company to ALL shareholders (creditors, preferred stock holders, common stock holders).  So, taking on debt could either increase or decrease the EV depending on the cash balance of the company.  This will have no effect, directly, on the market cap. It will, however effect the present value of its future cash flows as the WACC will increase due to the new cost of debt (interest payments, higher risk of bankruptcy, less flexibility by management)."}
{"_id": "366264", "title": "", "text": "I think maybe 10%, at best, of my mail is useful. Probably 5%. And of the useful mail, it really isn't urgent. I would have no problem getting mail once a week. There are many other readily available modes of communication if something is urgent."}
{"_id": "366266", "title": "", "text": "&gt;never met a single person in my life that wouldn't leave their job for a 50% pay raise.   But I have met many married people in my life, they will leave their spouses for a lot less.  Some people want to settle and some people want options.  wait... i'm not sure what we are talking about any more...."}
{"_id": "366279", "title": "", "text": "This is a very interesting post. As a frequent online shopper, I also just choose to buy from websites that have secure and verification seals. And having one is indeed a good way for online merchants to increase their sales and profits. I also visited the link shared on the post and found this very informational: http://www.validsafe.com/"}
{"_id": "366282", "title": "", "text": "\"I think there's a sub~~ject~~ for this financialcareers or something.   I'll just say, as your career goes on, every \"\"next\"\" place you interview for will ask what your last salary was and partly base their offer on that. So taking a job like this that bumps you up considerably pays off for every other job you get down the road.\""}
{"_id": "366284", "title": "", "text": "\"I'll concede that you're probably speaking in good faith- I genuinely believe that you're original statement was one that meant to point out that the ruling class seek to squeeze all the value they can out of being the ruling class, which includes maximizing the size of the rest of the population to drive down wages and get the most labor out of payrolls as possible to maximize profit. I can concede that completely and never suspected that you felt otherwise.  That said, \"\"reasonable\"\" people are often unequipped to deal with extreme or academic scenarios using reason alone. My entire point of digression came from the use of the term \"\"commodity,\"\" as it refers to things of value who's value arises from their ability to be traded at a profit. Your statement regarding people fitting this definition was true in the time of feudalism- pushing that definition back to the idea that the labor of people was tradable (but people owned themselves) was a major improvement in human rights (happening for different people at different points in history). I drew a point of contention because it's an *important* and *historical* point of contention that should never slip backwards ever, without being pointed out.\""}
{"_id": "366286", "title": "", "text": "It very much depends on whether you want to drive around in an expensive car, or whether you want an expensive car parked on your driveway. And whether you want to buy a new car, or a used one. And whether you know a reliable garage that doesn't rip you off or not.  For example, if my wife who drives maybe 5,000 miles a year wanted a 5 series BMW, we could buy a five year old one with 120,000 miles, for about \u00a3120 per month purchase price if it lasts 6 years. 11 year old and 150,000 miles should be no problem for that kind of car. So that's quite affordable. For me, driving 25,000 miles a year, the numbers are quite different.  Fact is, if you drive around in my wider neighbourhood, you will sometimes see very expensive cars parked in front of very rundown houses. Some people find it more important to drive around in an expensive car than to live in a nice place. That's priorities. Many people can afford expensive cars if they rearrange their priorities (and I'm not saying it's a good thing).  PS. If you want to be seen in an expensive car (for example, you take your wife out), you can always rent a car for a day or two."}
{"_id": "366288", "title": "", "text": "From HSA Resources -  I understand that I can reimburse myself from my HSA for qualified medical expenses that I pay out-of-pocket but is there a time limit? Do I need to reimburse myself in the same year? You have your entire lifetime to reimburse yourself. As long as you had your HSA established at the time the expense was incurred, you save the receipt and it was not otherwise reimbursed, you can reimburse yourself for the expense from your HSA even years later. The important thing not asked or mentioned above is that the HSA must be in place before the expense occurred. In your case, should the LASIK procedure be before the HSA is established, it's not an eligible expense."}
{"_id": "366302", "title": "", "text": "\"That's true.  However, let's say Andy lives on top of a bunch of coal.   Charlie and Daniel create a piece of paper that says \"\"Andy's House Title\"\", and give it to John, who's pretty buff.  He kicks Andy's ass, ties him up, and forces him to mine coal.  This is good for Charlie and Daniel, who can get cheap coal.  It's good for John, who's king of Andy's house and gets all the profits off the coal.  Not so good for Andy.    And that's part of why some other nations have a problem with us.  We're buying coal for John, sending him guns, and helping him kick their asses when they try to throw him out.\""}
{"_id": "366305", "title": "", "text": "You can change your withholdings (IRS form w-4) to take additional money from your paycheck and get it back when you file a refund. Maybe you could buy a gift visa, place it in a bag and freeze it in a tub of water.  That could help put the impulse on ice for 24hrs. It is natural right to enjoy the money you work for.  Be sure to include some enjoyable spending in your budget or you will be miserable.   When breaking a habit, try to do one thing different, no matter how silly it is.   Anything to bring your attention back to the big picture."}
{"_id": "366307", "title": "", "text": "If they leave the extra funds in the account the IRS will consider it as employer match. They weren't funds from your paycheck, they were from the employers profits. Because they don't have a formal matching program the extra funds will still keep then under the max match.  There is one other explanation that needs to be considered. If the last paycheck from 2011 was near the end of the year (the last Friday of 2011 was December 30th) the 401K funds from that final paycheck may not have been deposited into your 401K until early January 2012. If you count contributions when looking at your 401K statement it will look like one two many for 2012; but the IRS only cares when it was deducted from your paycheck, not when it was deposited into your account. The Department of Labor only requires they be deposited by the 15th of the following month."}
{"_id": "366309", "title": "", "text": "\"I think this is a bit too simplistic, because you need to keep in mind that Buffet was managing the money as his career. Had he paid the 1% fee he could have \"\"made more money\"\" doing something else.    People who hire money managers usually do so because it A. saves them time managing their own portfolios and B. because they don't believe they would do a better job managing it themselves.\""}
{"_id": "366315", "title": "", "text": "\"Investors are \"\"forever\"\" comparing the prices of stocks to other stocks. As others have pointed out, this is done faster and more frequently nowadays with high-speed computer programs. There may be no \"\"fresh\"\" news on stock A, but if there is fresh news on stock B (as there usually is), the news on B affects the COMPARISON with stock A. That could be what causes trading in stock A that has \"\"no news.\"\"\""}
{"_id": "366320", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://m.sfgate.com/business/networth/article/New-law-bans-California-employers-from-asking-12274431.php) reduced by 81%. (I'm a bot) ***** &gt; California employers can no longer ask job applicants about their prior salary and - if applicants ask - must give them a pay range for the job they are seeking, under a new state law that takes effect Jan. 1.  &gt; If a woman is paid less than a man doing the same job and a new employer bases her pay on her prior salary, gender discrimination can be perpetuated, the bill&amp;#039;s backers say.  &gt; The San Jose Unified School District said it needs to attract and retain educators and &amp;quot;In order to so, it needs the ability to ask applicants about their salary history.&amp;quot; The Western States Trucking Association said it &amp;quot;Effectively eliminates an employer&amp;#039;s ability to negotiate wage, as well as creates a new reason to sue.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76dhxw/california_introduces_new_law_banning_employers/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~228343 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **employer**^#1 **bill**^#2 **salary**^#3 **state**^#4 **applicant**^#5\""}
{"_id": "366327", "title": "", "text": "\"I did sort of the same thing as you after a some time in consulting. The biggest annoyance for me was how poorly I thought the most basic, obvious bullshit through. Figure out how you'll bill for travel -- when do you fly vs. drive, what's your mileage rate, etc. Get your proposal template looking razor sharp, and have a standardized invoice ready (don't say \"\"net 30\"\" or 45 or whatever, some clients won't understand what you're talking about and there's no way to explain it without sounding like a douche). Be prepared to negotiate heavily at first. Until you start to get a steady client base, people are going to lowball you, perhaps rightfully so. Consider the consequences of establishing yourself at a low rate, or being considered unreasonable and inflexible.   Also, since you're working with a partner, figure out how you're going to register your business by considering your financial situations or, preferably, hiring an accountant. I also *strongly* recommend working with your partner and an attorney to draft an operating agreement. I've seen so many horror stories with people who either didn't have one, made their own shitty one, or otherwise got screwed on technicalities.\""}
{"_id": "366330", "title": "", "text": "Good stuff. But the question is, why would these politicians want to change things? Most of them are self serving and there's no incentives from either parties to change. They've proven they can't govern themselves and the average voter keeps voting in incumbents."}
{"_id": "366346", "title": "", "text": "Have you tried them? They're NOTHING like other veg patties. The texture, the greasy fatty beef flavor, the smell... I'm seriously in love with them. My sister's vegan, tried one, and won't eat them because they feel/taste too much like meat for her."}
{"_id": "366349", "title": "", "text": "You're correct, there's always a conflict of interest in private professions whether you're a CPA, doctor or lawyer. There's always a possibility of backroom dealings.  The only true response is that governmental bodies like the SEC, IRS and otherwise affiliated private organizations like the AICPA can take away your license to practice, send you to jail, or fine you thousands of dollars and ruin your life - if you're caught.  I would personally draw a line between publicly traded corporations, amoral as you said, and public accounting. A CPA firm's responsibility is to the public even though they aren't a governmental body. Accounting records are required to do business with banks and the IRS. Without public confidence in the profession, CPA firms wouldn't exist. It's truly an incentive to do a good job and continually gain confidence. They incidentally make money along the way."}
{"_id": "366373", "title": "", "text": "Regardless of your belief in no name equals fake... what are your thoughts on the content of the article? The points that were brought up were relatable no? As a person who understands a lot about researching on social platforms, I would have thought you could have a good insight to share, to help the author and the reader in this thread?"}
{"_id": "366432", "title": "", "text": "\"Have you asked yourself why the worker is paid very little?  The private sector is efficient, that in and of itself is reason to privatize.  I have a feeling this \"\"better way\"\" you keep talking about involves me having a lot more of my property and/or income redistributed.\""}
{"_id": "366444", "title": "", "text": "I started out thinking like you but I quickly realised this was a bad approach. You are a team, aren't you? Are you equals or is one of you an inferior of lower value? I think you'll generate more shared happiness by acting as a team of equals. I'd pool your resources and share them as equals. I'd open a joint account and pay both your incomes directly into it. I'd pay all household bills from this.  If you feel the need, have separate personal savings accounts paid into (equally) from the joint account.  Major assets should be in joint names. This usually means the house. In my experience, it is a good idea to each have a small amount of individual savings that you jointly agree each can spend without consulting the other, even if the other thinks it is a shocking waste of money. However, spending of joint savings should only be by mutual agreement. I would stop worrying about who is bringing in the most income. Are you planning to gestate your children? How much is that worth? - My advice is to put all this aside, stop trying to track who adds what value to the joint venture and make it a partnership of equals where each contributes whatever they can. Suppose you fell ill and were unable to earn. Should you wife then retain all her income and keep you in poverty? I really believe life is simpler and happier without adding complex and stressful financial issues to the relationship. Of course, everyone is different. The main thing is to agree this between the two of you and be open to change and compromise."}
{"_id": "366447", "title": "", "text": "\"Indeed. I would've had a full-time position with the company I worked for part-time over the past year... but through no fault of my own, mine was cancelled due to \"\"budget miscommunications\"\". I absolutely cannot stand people claiming \"\"Oh well, it's all just hard work\"\". Bullshit. I put in the hard work. I have the talent. What's my reward? To get flung out in the cold.\""}
{"_id": "366448", "title": "", "text": "Yes.   A mortgage is a kind of debt.  Someone lends you money to buy your house, and you owe them the money, so you have debt."}
{"_id": "366449", "title": "", "text": "\"&gt; Sounds like you live in a fantasy land where everyone has infinite do-over lives and market forces are magic panacea.  No, but way to attack a straw man. It's much easier than actually forming a rational argument.  &gt; Clean air and water is a public good  No, they are not.  &gt; We shouldn't leave issues like this to crop up from short-sightedness and cognitive biases of private parties left to their own devices.  Only a complete dumb fuck would paint a private/public dichotomy as short-term vs long-term. Politicians don't have any more of a long-term vision than any other person.  &gt; If the US had been run the way you want, we'd have had prevalence of leaded gasoline, paint, and lead in drinking water for decades more. And we'd have higher crime rates due to the brain damage caused by lead.  Bullshit, because the government wasn't listening to the scientists telling them about the harm of lead in the first place. You're talking out of your ass.  &gt; Making all roads private and for-profit creates a profit motive in acquiring lands that are strategically important in transportation  It's almost as if more resources would go towards things that are more widely used.  &gt; opening up opportunities for monopolies and collusion  Oh look, more talking out of your ass, complete with the \"\"answer to no one\"\" nonsense that only exists in the fantasy world in which consumers consistently harm themselves and no legal framework exists to stop unlawful behavior. It's fucking retarded. You have neither evidence nor even economic reasoning to support this.  &gt; Law and law enforcement is a matter of trust.  No, *your* monopolized version of law is based upon trust. It's based upon the notion that you can hold an all-powerful entity accountable for its actions by appealing to that very same entity with a vote that makes no difference on the margin. And that's not trust, it's a religion.\""}
{"_id": "366467", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/08/02/housing-demand-strengthens-but-heres-why-some-buyers-are-giving-up.html) reduced by 73%. (I'm a bot) ***** &gt; &amp;quot;Buyers toured in full force last month, even though there were fewer homes hitting the market. New listings fell 3.3 percent from May and were down 1.6 percent from a year ago. Faced with a low supply of homes for sale and extremely competitive conditions, many homebuyers are struggling to make it to the offer stage.\"\"  &gt; The supply of homes for sale in July was down 11 percent annually, and homes were selling on average four days faster.  &gt; &amp;quot;Home prices also remain stubbornly high, failing to show hints of the usual seasonal cooldown. Low and moderately priced homes are being snatched up especially quickly, keeping many would-be buyers from being able to get into the market.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6r8ybg/housing_demand_strengthens_through_summer_but/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~181826 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **home**^#1 **market**^#2 **buyers**^#3 **year**^#4 **percent**^#5\""}
{"_id": "366475", "title": "", "text": "I've been with my credit union for 8 years now and I love it! I also don't deal with any of the problems you are talking about. I don't pay fees at any atm, at least not ultimately. If an atm charges me a fee then it's refunded to me at the end of the month. My online banking is very good, even have an app that allows me to remote deposit checks. Oh, and my loan interest rates are really decent too.   While the banks are nickel and dimeing you to death my CU pays me every month and charges no fees."}
{"_id": "366477", "title": "", "text": "It is COMPLETELY no use to pay earlier (during a billing cycle) to better your credit score! Your credit score gets affected ONLY once a month from each creditor, and that happens when they post your monthly statement. Thus, no matter what you do or pay and how many times a month or how many days earlier than your due date, it has NO EFFECT WHATSOEVER on your score. Anything you do will be reflected only after the statement. What you pay in between those two statements is irrelevant. So, as far as credit score goes IT DOESN'T MATTER. However, if you want to save on interest being charged, it is wise to pay as early as possible, so your balance is as low as possible for day-by-day calculation of your interest."}
{"_id": "366484", "title": "", "text": "For every seller, there's a buyer. Buyers may have any reason for wanting to buy (bargain shopping, foolish belief in a crazy business, etc).  The party (brokerage, market maker, individual) owning the stock at the time the company goes out of business is the loser . But in a general panic, not every company is going to go out of business. So the party owning those stocks can expect to recover some, or all, of the value at some point in the future. Brokerages all reserve the right to limit margin trading (required for short selling), and during a panic would likely not allow you to short a stock they feel is a high risk for them."}
{"_id": "366488", "title": "", "text": "Amazon Gold Ventures Limited - YousaytooProjects Marmjito Mining Sector  This group of mines are located in the catchment area of work Marmajito underground mine. They are operating the mines Naranjos, La Picuda and Las Brisas. The first two exploit the seam. Marmajito in its lateral extension and the third operates the hearts of the Grain C\u00f3rdoba. These mines are located in the hamlet Marmajito, south of town the municipality of Segovia.  MINE COORDINATES EAST AND COORDINATES NORTH  Los Naranjos 931,183.64 1'273,730.24 630 550 La Picuda 932,187.87 1'273,114.64 591 500 Las Brisas 930,845.26 1'273,260.24 690 570    The areas granted by the company Frontino Gold Mines in their respective operation contract are:  Los Naranjos: 9 Ha 1281.83 m2 The Picuda: 4 HA 7214.6 m2 Las Brisas: 4 Ha 629.46 m2  These areas are bounded by the following coordinates.  COORDINATE POINT AND COORDINATE N  1 931,173.71 1'273,700.46 2 931,411.94 1'273,827.48 3 931,422.51 1'274,039.10 4 931,092.60 1'274,126.60   COORDINATE E COORDINATE N 1 932,051.43 1'273,191.47 2 932,152.57 1'273,298.64 3 932,404.37 1'273,110.56 4 932,287.72 1'273,000.00   COORDINATE E COORDINATE N 1 930,607.24 1'273,363.31 2 930,814.27 1'273,375.04 3 930,869.35 1'273,219.11 4 930,670.89 1'273,143.91 Marmajito sector mines have operating agreement in effect with the Frontino Gold Mines Company, with a duration of three months, renewable. The areas are well located with respect to farm work today, the Naranjos except mine, which is advancing on a crusade to C\u00f3rdoba intercepting the vein out of the area. The mine La Picuda has a fixed lower boundary which is already below the lowest level on the contract, are advances are also side that fall outside the allocated area."}
{"_id": "366509", "title": "", "text": "I hope that there are no significant differences between the things you list once the formulas for compounding interest are understood. I will, again, lay out these formulas below.  First, definition of the variables: R means Total Return ratio. The sum of all money you get, both dividends (or interest payments) and return of initial capital.  I is a ratio. It is the percent (10.4%) divided by 100 (0.104) then added to one (1.104). P means the number of periods in which the interest rate is paid and compounded.  R = I^P I = R^(1/P) P = log(R) / log(I)  Once you have R you multiply it by the amount of your initial investment to find out how much total money is returned.  For simplicity the following amounts are approximate: 2 = 1.104^7 1.104 = 2^(1/7) 7 = log(2) / log(1.104)  So to double your money in seven years you need a yearly interest rate of 10.4, if compounded yearly."}
{"_id": "366526", "title": "", "text": "That looks very much like an S&P 500 E-Mini index future.  However, ES1 is a strange symbol.  Futures have the month of expiry encoded in their symbol as well:  http://commodities.about.com/od/understandingthebasics/ss/futurescontract_3.htm For example, the September 2011 future in this series would be ESU1. I'm not very familiar with Bloomberg so perhaps this is the front contract (i.e. the one that's closest to expiry (in the is case the September 2011 one)). Only problem is that prices don't exactly match what CME has (high of 1190 and low of 1186.25, for when this page gets out of date):  http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500.html  - but they are so close I suspect it must be some sort of S&P 500 index future."}
{"_id": "366532", "title": "", "text": "Our company provides the best tour package in Cuba. If you want to enjoy Holiday, then you can visit our company website. And we provide the different type of the offer for holiday package and Vacation rentals services. You can come to the company office and get all information for Vacation rentals in vinales. The Vinales is beautiful city of the world. People from all over the world come to the city of Vinals."}
{"_id": "366541", "title": "", "text": "\"I don't know how annuities work it's all smoke and mirrors to me. This is a huge red flag to me. I would ask the agent what the penalty is to cancel this contract, and see ho much you can get back. If done right, you should be able to transfer these funds to an IRA or other pretax account.  To be clear, I'd make a similar remark if you said your were in a S&P ETF or any investment you don't understand. \"\"Appropriate investment\"\" means little if the investor has no understanding of what they are buying.  Update in repose to comments -\""}
{"_id": "366560", "title": "", "text": "Your question is missing too much to be answered directly. Instead - here are some points to consider. Short term gains taxed at your marginal rates, whereas long term gains have preferable capital gains rates (up to 20% tax rate, instead of your marginal rate). So if you're selling at gain, you might want to consider to sell FIFO and pay lower capital gains tax rate instead of the short term marginal rate. If you're selling at loss and have other short term gains, you would probably be better selling LIFO, so that the loss could offset other short term gains that you might have.  If you're selling at loss and don't have short term gains to offset, you can still offset your long term gains with short term losses, but the tax benefit will be lower. In this case - FIFO might be a better choice again. If you're selling at loss, beware of the wash sale rules, as you might not be able to deduct the loss if you buy/sell within too short a window."}
{"_id": "366561", "title": "", "text": "Some businesses sell a franchise. You will be buying the name and reputation, access to the corporate infrastructure, requirements to use specific supplies and procedures. These tend to come with financing from the parent company. You will need to bring cash to the table, but they will loan you the rest. When purchasing a business, like buying a house, what is part of the deal can be negotiated. Sometimes the new owner and the seller agree to transfer everything. In other cases almost nothing except one item is included. The one item could be the location, the name, the inventory, the customer/client list. All these can be assets or liabilities depending on the specific situation, and which side of the table you are on. In the United states the US government has the Small Business Administration. They also have Small Business Development Centers SMDC to help. These are also supported by state governments and colleges and universities. They can help identify the steps needed to start a small business."}
{"_id": "366571", "title": "", "text": "Very smart.  Let other people pay you interest.  Don't pay other people interest.  And, yes, I know it's possible to borrow money from one place and lend it to another place at a slightly higher rate, but why bother."}
{"_id": "366578", "title": "", "text": "Of course not, this is confidential information in the same way that I cannot phone up your bank and ask to see a list of the transactions that you have made. Any bank has to be extremely careful about protecting the private transactions of it's customers and would be subject to heavy fines if it revealed this information without the customer's consent."}
{"_id": "366583", "title": "", "text": "Can someone please explain the following in more detail please. I'm not exactly sure how and why synthetics work. &gt; Instead of having credit default swap reference a single company like Exxon, J.P Morgan bundled together a large, diversified basket of credit derivatives that referenced hundreds of corporate credits... those who invested in J.P Morgan's invention didn't own a piece of the actual corporate loan. Instead, they owned credit default swaps - the performance of which was determined by the performance of the underlying corporate credits.  This is from *All the Devils are Here* by Bethany Mclean and Joe Nocera"}
{"_id": "366591", "title": "", "text": "I wouldn't personally spend any money on an appraisal.  Spend some time yourself looking at Zillow.com and maybe Realtor.com and other sites to review recent sales in your specific area.  Not the houses a mile away.  Try to find comparables to yours.  The key factor is dollars per square foot.  See if the trend over the last couple of years is upwards or downwards in dollars per square foot of living area.  If it's downwards, I wouldn't invest for sure."}
{"_id": "366594", "title": "", "text": "\"Other answers didn't seem to cover it, but most \"\"0%\"\" bank loans (often offered to credit card holders in the form of balance transfer checks), aside from less-obvious fees like already-mentioned late fees, also charge an actual loan fee, typically 2-3% (or a minimum floor amount) - that was the deal with every single transfer 0% offer I ever saw from a bank. So, effectively, even if you pay off the loan perfectly, on time, and within 0% period, you STILL got a 3% loan and not 0% (assuming 0% period lasts 12 months which is often the case).\""}
{"_id": "366597", "title": "", "text": "Short Answer Collections agencies and the businesses they collect for are two different animals. If you don't want this to hurt your credit I suggest you deal directly with the hospital. Pay the bill, but prior to paying it get something in writing that specifically says that this will not be reported onto your credit. That is of course if the hospital even lets you pay them directly. Usually once something is sold to a collections company it's written off.  Long Answer Credit reports are kind of a nightmare to deal with. The hospital just wants their money so they will sell debt off to collections companies. The collections companies want to make money on the debt they've bought so they will do what ever it takes to get it out of you, including dinging your credit report. The credit bureaus are the biggest nightmare to deal with of all. Once something is reported on your credit history they do little to nothing to remove it. You can report it online but this is a huge mistake because when you report online you wave your rights to sue the credit bureaus if they don't investigate the matter properly. This of course leads to massive amounts of claims being under investigated.  So what are your options once something hits your credit history? I know this all sounds bleak but the reason I go into such depth is that they likely have already reported it to the credit bureaus and you just don't see it reported yet. Good luck to you. Get a bottle of aspirin."}
{"_id": "366626", "title": "", "text": "For an investor , I understand its a higher return on investment; but I was wondering if an investor is actually investing in the minerals, or the means of delivery such as ports, rail, trucks, roads, etc; or is that abstracted away"}
{"_id": "366628", "title": "", "text": "leveraged etf's are killer to hold because they seek to return some multiple of the DAILY price movement in an index. so twm seeks to return 2x the daily move in the russell 2000 Let's trace this out assuming (just to make it easy) large daily moves, and that you start with $1000 and the russell 2000 starts at 100. start of first day rusell 2000 == 100 you have $1000 end of first day (up 10% nice!) rusell 2000 == 110 you have $1200 end of second day (~9.1% down) russell 20000 == 100 you have $981.60 so the russell 2000 can move nowhere and you have lost money! This doesn't apply to all etf's just leveraged etf's.  You would be better buying more of a straight inverse etf (RWM) and holding that for a longer time if you wanted to hedge."}
{"_id": "366642", "title": "", "text": "Yeah, I got one of those and didn't look at the fine print.  They gave me a 250 dollar credit limit with so many initial fees just for signing up that the card already had $180 on it when it came."}
{"_id": "366653", "title": "", "text": "One of the key questions experts should ask when they first get started to work with a financial adviser or investment specialist is how they get paid for their expert services. There are generally four types of compensation plans for financial consultants."}
{"_id": "366657", "title": "", "text": "I guess it's a thing called cant keep up with demand and the rest of the money going towards normal bills and shit. I have no idea tbh. Just assumed she was throwing me a bone to help me with my own hopes and dreams and 200k a year sounds pretty good to me"}
{"_id": "366665", "title": "", "text": "\"You are a teacher with income. Presumably, between you and your spouse-to-be, more than $5500. That's all that matters. Unless, of course you make \"\"too much money\"\" (i.e. $184K or over). That's another story.  The actual deposit can be from any source. The example we often give is that a teenager with legitimate income can have a Roth, up to the income or $5500, whichever is lower, funded by gifts from a parent, or from savings. They don't need to turn over the money they made.  The money you are getting is a gift, and it's your money to do what you wish.\""}
{"_id": "366685", "title": "", "text": "Whole life insurance accumulates a cash value on a pre-tax basis. With a paid-up policy, you make payments until a particular age (usually 65 or 70), at which point you are insured for the rest of your life or a very old age like 120. You can also access this pool of money via loans while you are still alive, but you reduce your benefit until you repay the loans. This may be advantageous if you have a high net worth. Also, if you own a business or farm, a permanent policy may be desirable if the transfer of your property to heirs is likely to generate alot of transactional costs like taxes. Nowadays there are probably better ways to do that too. Whole life/universal life is a waste of money 95%+ of the time. An example, my wife and I were recently offered open-enrollment (no medical exam) insurance policies our employers in New York. We're in our early 30's. I bought a term policy paying about $400k which costs $19/mo. My wife was offered a permanent policy that pays $100k which costs $83/mo, and would have a cash value of $35k at age 65. If you invested the $60/mo difference between those policies and earned 5%/year with 30% taxes on the gains, you'd have over $40k with 4x more coverage."}
{"_id": "366690", "title": "", "text": "Much as I hate to agree with you (because my personal bias is towards the belief China is cooking the books in a significant way) we should consider that this is the most likely explanation. Reconciling exactly a superset of data against hard-to-measure subsets is near impossible and, in an economy as dynamic as China's, it would be very difficult to get this right to such a small margin."}
{"_id": "366692", "title": "", "text": "I'd say the best course of action would be to call the card issuer and ask them. Converting can definitely be done, but you'll have to enquire about the bonus."}
{"_id": "366694", "title": "", "text": "\"So... is Kroger angry with the use of a word that starts with \"\"P\"\" and the word \"\"Selection?\"\"  Back in the day, I thought the Kirkland Signature branding was kind of kitchy, but it's almost taken it's place as an actual good value brand for me.\""}
{"_id": "366717", "title": "", "text": "It depends completely on the current order book for that security.  There is literally no telling how that buy order would move the price of a stock in general."}
{"_id": "366735", "title": "", "text": "You should start a dispute with the credit card company, and they might be able to recover some/all of the money. Usually, if you act fast enough, credit companies (on the merchant's side) have enough of the deposits not yet disbursed to the merchant, and they'll just reverse the charge. The earlier you start the process - the more chances you have. Otherwise you'll have to sue, I'm not familiar with the Canadian legal system."}
{"_id": "366739", "title": "", "text": "\"I wouldn't tbh, it's getting very capitalistic and corporatized and getting heavily influenced by the right, to the point that I'd say it's not really all that blue. It's more central leaning than left leaning now and it seems like that line is getting moved. Hell, Austin's anti large corporation slogan of \"\"Keep Austin Weird\"\" has been gone to capitalism and can be seen at Walmart on tshirts, coaters, bumper stickers, etc.\""}
{"_id": "366753", "title": "", "text": "Suppose that the fixed overhead costs of delivering a service, not related to the actual volume of sales, are $50 million per year. Suppose the variable costs on top are $100 per customer per year. Suppose further that 1% of the population buys the service. In the US, 3.2 million people buy the service, and it costs $116 per person to deliver it ($100 plus $50 million divided by 3.2 million). In Australia, 230,000 people buy it, and it costs $317 per person per year to deliver it ($100 plus $50 million divided by 230,000). The larger your market, the cheaper everything is, and Australia is a very small market compared with the USA, the EU, China or India."}
{"_id": "366761", "title": "", "text": "I called the IRS (click here for IRS contact info) and they said I do not need to get a new EIN.  I could have just filed the appropriate employer federal tax return (940/941) and then the filing requirements would have been updated.  But while I was on the phone, they just updated the filing requirements for my LLC so I am all good now (I still need to file the correct form and make the correct payments, etc. but I can use this same EIN going forward). Disclaimer: Don't trust me (or this answer) for tax advice (your situation may be different).  The IRS person on the phone was very helpful so I recommend calling them if you are in a similar situation.  FYI, I have found calling the IRS to always be very helpful."}
{"_id": "366801", "title": "", "text": "Something I wanted to posit: Do you have a life insurance policy, either taken out yourself or offered through your company? Many of these policies will pay out prior to the death of the covered individual, given statements by medical professionals that the person has a terminal illness or condition. The benefit, once disbursed, can be used for almost anything, including to pay down a mortgage, cover medical bills and other care expenses, etc. If you have such a policy, I urge you to look into it; that is the money that should be used for your end-of-life care and to ease the burden on your family, not your retirement savings. Your savings, if possible, should be left to continue to compound to provide your wife with a nest egg to retire with."}
{"_id": "366824", "title": "", "text": "Well it all kind of depends.   The Realtor is your pro, and you should communicate further with him.  Is this a neighborhood on the decline?  Is there a good reason to make such a low offer?  Are you totally off base when you think 85K is fair, and if so why?  Is he just working his tail off for you (a great thing)? One thing that is a key to this negotiation is financing.  What does your financing status look like?  A reasonable cash offer with no contingencies and a quick close might be less than 70K.  A person with strong financing can get a better discount then a person that is questionable. It could be that the Realtor is testing the waters to find the bottom price.  The home selling season is closed (typically the summer), and the home has been on the market for a bit.  Offering 70K might mean a counter at 82K, so you can work on an offer between 80 and 82.   To me, it sounds like this guy is working for you.  You should thank him.  It is pretty hard to find a realtor that is willing to negotiate his pay down in order to save you money.   Also he can answer the closing cost question better than us as he is more familiar with your particular market."}
{"_id": "366827", "title": "", "text": "Disgusting. I've heard of people discovering that they have huge balloon payments at the end of their contracts that they must pay in order to keep their dogs. And in the small print people give the company the right to come into their homes to actually repossess the animals. These companies should be fined out of existence."}
{"_id": "366829", "title": "", "text": "They're the equivalent of an Apple Store. Every Kindle, Echo, and TV stick is on display. They want to build brand awareness and cachet. The books are mostly just there for branding reasons and for foot traffic increase, as far as I know."}
{"_id": "366830", "title": "", "text": "First, you should probably have a proper consultation with a licensed tax adviser (EA/CPA licensed in your State). In fact you should have had it before you started, but that ship has sailed. You're talking about start-up expenses. You can generally deduct up to $5000 in the year your business starts, and the expenses in excess will be amortized over 180 months (15 years). This is per the IRC Sec. 195. The amortization starts when your business is active (i.e.: you can buy the property, but not actually open the restaurant - you cannot start the depreciation). I have a couple questions about accounting - should all the money I   spent be a part of capital spending? Or is it just a part of it? If it qualifies as start-up/organizational expenses - it should be capitalized. If it is spent on capital assets - then it should also be capitalized, but for different reasons and differently. For example, costs of filing paperwork for permits is a start-up expense. Buying a commercial oven is a capital asset purchase which should be depreciated separately, as buying the tables and silverware. If it is a salary expense to your employees - then it is a current expense and shouldn't be capitalized. Our company is LLC if this matters.  It matters to how it affects your personal tax return."}
{"_id": "366839", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theatlantic.com/business/archive/2017/10/next-recession-prepared/544391/) reduced by 92%. (I'm a bot) ***** &gt; The economy has had three jobless recoveries following the last three recessions, and the next recession would likely prompt a fourth.  &gt; &amp;quot;Right now, one in four unemployed workers are receiving benefits. There are 15 states out there where the share of workers is less than one in five. In the southeast, the cuts have been so deep there&amp;#039;s barely an unemployment-insurance program there.&amp;quot; In the event of another recession, without strong and swift federal and state intervention, many Americans would face far less help from unemployment insurance than they did last time around, he said.  &gt; In terms of global circumstances, political will, and fiscal and monetary firepower the next recession seems in some ways more difficult to fight than the last.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/79xzco/the_us_isnt_prepared_for_the_next_recession/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~238467 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **recession**^#1 **last**^#2 **state**^#3 **work**^#4 **economy**^#5\""}
{"_id": "366841", "title": "", "text": "First, I would want cash around the time I made the move.  I would like enough for a 20% down payment, moving expenses, and enough for 6 months of mortgage payments on the existing house.  This way if the house does not sell quickly, you are safe.  As you approach the time it comes to move, you can work backwards on how much time you would need to accumulate that kind of money. Second, this does not have to be an all or nothing kind of thing.  Perhaps you use some of the proceeds to beef up your retirement, some to pay down the mortgage, and some for savings.  You could be very wrong about the market, even so it is a wonderful opportunity to add to your nest egg at such a young age.  My own self prefers to do things in ratios.  In your case I might do 10% of the proceeds in for retirement, 10% for savings, and 80% for mortgage reduction.  (You may want to also add some charitable giving.)   I really like paying down the mortgage.  Not only is it a risk less investment, it reduces your personal risk."}
{"_id": "366847", "title": "", "text": "\"private investors that don't have the time or expertise for active investment.  This may be known as every private investor. An index fund ensures average returns. The bulk of active trading is done by private institutions with bucketloads of experts studying the markets and AI scraping every bit of data it can get (from the news, stock market, the weather reports, etc...). Because of that, to get above average returns an average percent of the time, singular private investors have to drastically beat the average large team of individuals/software. Now that index ETF are becoming so fashionable, could there be a tipping point at which the market signals that active investors send become so diluted that this \"\"index ETF parasitism\"\" collapses? How would this look like and would it affect only those who invest in index ETF or would it affect the stock market more generally? To make this question perhaps more on-topic: Is the fact (or presumption) that index ETF rely indirectly on active investment decisions by other market participants, as explained above, a known source of concern for personal investment? This is a well-covered topic. Some people think this will be an issue.   Others point out that it is a hard issue to bootstrap. I gravitate to this view. A small active market can support a large number of passive investors. If the number of active investors ever got too low, the gains & likelihood of gains that could be made from being an active investor would rise and generate more active investors. Private investing makes sense in a few cases. One example is ethics. Some people may not want to be invested, even indirectly, in certain companies.\""}
{"_id": "366852", "title": "", "text": "\"&gt;&gt; Darling, if you are not a fan of Hillary (and the current DNC?), than why are you against Trump, who is not even career GOP politician?  &gt; I have already addressed this stupid idea that someone HAS to like one or the other.   Are you serious? Why would you vote for someone you don't like? I would never vote for someone I don't like! I can't believe I have to explain that to you.  Further, why would you even vote for a Party you don't like?  Another question: **I assume you did not vote for Trump. Is it because you did not like Trump?** Do you get why I am asked this question?  &gt; Trump has no idea what he's doing.  Absolutely not true and total fake news.  Let's start with Hillary, who has been in politics for 30 years and even secretary of state: does she know how to handle e-mail(s)? Does she know how to handle Russia? Does she know how to handle Benghazi? Can you tell me of one \"\"accomplishment\"\" by Hillary in her long service?  Back to Trump: he's very smart, which is mostly to choose the right people to do the work for him. He's correct with his agenda: against TPP, against illegal aliens, against terrorist supporting countries, investing in infrastructure, creating jobs, bringing jobs back to America, replacing the horrendous ObamaCare (AKA \"\"affordable\"\" Care Act), etc.  **What action by Trump so far show that he's not smart?** Give me one example, please.\""}
{"_id": "366861", "title": "", "text": "I was raised to expect nothing from anyone. I walked 3 mi to and from my job 5 days a week. Anyway, I don't speak from an ivory tower. I grinded my ass off and kept my head down.  You may be surprised where some grit and determination can get you. Cheers."}
{"_id": "366865", "title": "", "text": "Smart parents not wanting to get stuck with a student loan or co-signing on a loan.   because rent is so high Are you able to live with your parents?  Is there anyway to reduce the cost of rent like renting a room?  Can you move somewhere where the rent is cheaper? working 25 hours per week Working 25 hours per week and taking 6 hours is a pretty light schedule.  It is not even 40 hours per week.  What is stopping you from working 40 hours and paying for school from your salary?   In my own life I created a pretty crappy situation for myself when I was a young man.  I really wanted to go to a prestigious university, but ended up going to a community college, and then to a university that was lesser known in a less expensive area.  I had to work like crazy, upwards of 50 hours per week.  I also took a full load in a difficult degree program.   You probably don't have to go to the extremes that I went through, but you can work more.  Most adults work at their jobs well more than 40 hours per week, then come home and continue to work (on the house, raising kids, trying to start a side business, etc...).  So you might as well become an adult now. There are ways to become independent from your parents for FAFSA like have a baby, get married, or join the military.  I'd only recommend the last one as you will also receive the GI Bill.  Another option is to try and obtain a job that offers financial aid."}
{"_id": "366869", "title": "", "text": "There is no interest outstanding, per se.  There is only principal outstanding.  Initially, principal outstanding is simply your initial loan amount. The first two sections discuss the math needed - just some arithmetic. The interest that you owe is typically calculated on a monthly basis.  The interested owed formula is simply (p*I)/12, where p is the principal outstanding, I is your annual interest, and you're dividing by 12 to turn annual to monthly. With a monthly payment, take out interest owed.  What you have left gets applied into lowering your principal outstanding.  If your actual monthly payment is less than the interest owed, then you have negative amortization where your principal outstanding goes up instead of down. Regardless of how the monthly payment comes about (eg prepay, underpay, no payment), you just apply these two calculations above and you're set.  The sections below will discuss these cases in differing payments in detail. For a standard 30 year fixed rate loan, the monthly payment is calculated to pay-off the entire loan in 30 years.  If you pay exactly this amount every month, your loan will be paid off, including the principal, in 30 years.  The breakdown of the initial payment will be almost all interest, as you have noticed.  Of course, there is a little bit of principal in that payment or your principal outstanding would not decrease and you would never pay off the loan. If you pay any amount less than the monthly payment, you extend the duration of your loan to longer than 30 years.  How much less than the monthly payment will determine how much longer you extend your loan.  If it's a little less, you may extend your loan to 40 years.  It's possible to extend the loan to any duration you like by paying less.  Mathematically, this makes sense, but legally, the loan department will say you're in breach of your contract. Let's pay a little less and see what happens.  If you pay exactly the interest owed = (p*I)/12, you would have an infinite duration loan where your principal outstanding would always be the same as your initial principal or the initial amount of your loan.   If you pay less than the interest owed, you will actually owe more every month.  In other words, your principal outstanding will increase every month!!!  This is called negative amortization.  Of course, this includes the case where you make zero payment.  You will owe more money every month. Of course, for most loans, you cannot pay less than the required monthly payments.  If you do, you are in default of the loan terms. If you pay more than the required monthly payment, you shorten the duration of your loan.  Your principal outstanding will be less by the amount that you overpaid the required monthly payment by.  For example, if your required monthly payment is $200 and you paid $300, $100 will go into reducing your principal outstanding (in addition to the bit in the $200 used to pay down your principal outstanding).  Of course, if you hit the lottery and overpay by the entire principal outstanding amount, then you will have paid off the entire loan in one shot! When you get to non-standard contracts, a loan can be structured to have any kind of required monthly payments.  They don't have to be fixed.   For example, there are Balloon Loans where you have small monthly payments in the beginning and large monthly payments in the last year.   Is the math any different?  Not really - you still apply the one important formula, interest owed = (p*I)/12, on a monthly basis.  Then you break down the amount you paid for the month into the interest owed you just calculated and principal.  You apply that principal amount to lowering your principal outstanding for the next month. Supposing that what you have posted is accurate, the most likely scenario is that you have a structured 5 year car loan where your monthly payments are smaller than the required fixed monthly payment for a 5 year loan, so even after 2 years, you owe as much or more than you did in the beginning!  That means you have some large balloon payments towards the end of your loan.  All of this is just part of the contract and has nothing to do with your prepay. Maybe I'm incorrect in my thinking, but I have a question about   prepaying a loan. When you take out a mortgage on a home or a car   loan, it is my understanding that for the first years of payment you   are paying mostly interest. Correct. So, let's take a mortgage loan that allows prepayment without penalty.   If I have a 30 year mortgage and I have paid it for 15 years, by the   16th year almost all the interest on the 30 year loan has been paid to   the bank and I'm only paying primarily principle for the remainder of   the loan. Incorrect.  It seems counter-intuitive, but even in year 16, about 53% of your monthly payment still goes to interest!!!  It is hard to see this unless you try to do the calculations yourself in a spreadsheet. If suddenly I come into a large sum of money and decide I want to pay   off the mortgage in the 16th year, but the bank has already received   all the interest computed for 30 years, shouldn't the bank recompute   the interest for 16 years and then recalculate what's actually owed in   effect on a 16 year loan not a 30 year loan? It is my understanding   that the bank doesn't do this. What they do is just tell you the   balance owed under the 30 year agreement and that's your payoff   amount. Your last sentence is correct.  The payoff amount is simply the principal outstanding plus any interest from (p*I)/12 that you owe.  In your example of trying to payoff the rest of your 30 year loan in year 16, you will owe around 68% of your original loan amount. That seems unfair. Shouldn't the loan be recalculated as a 16 year   loan, which it actually has become? In fact, you do have the equivalent of a 15 year loan (30-15=15) at about 68% of your initial loan amount.  If you refinanced, that's exactly what you would see.  In other words, for a 30y loan at 5% for $10,000, you have monthly payments of $53.68, which is exactly the same as a 15y loan at 5% for $6,788.39 (your principal outstanding after 15 years of payments), which would also have monthly payments of $53.68. A few years ago I had a 5 year car   loan. I wanted to prepay it after 2 years and I asked this question to   the lender. I expected a reduction in the interest attached to the car   loan since it didn't go the full 5 years. They basically told me I was   crazy and the balance owed was the full amount of the 5 year car loan.   I didn't prepay it because of this. That is the wrong reason for not prepaying.  I suspect you have misunderstood the terms of the loan - look at the Variable Monthly Payments section above for a discussion.   The best thing to do with all loans is to read the terms carefully and do the calculations yourself in a spreadsheet.  If you are able to get the cashflows spelled out in the contract, then you have understood the loan."}
{"_id": "366877", "title": "", "text": "\"The point here is actually about banks, or is in reference to banks. They expect you know how a savings account at a bank works, but not mutual funds, and so are trying to dispel an erroneous notion that you might have -- that the CBIC will insure your investment in the fund.  Banks work by taking in deposits and lending that money out via mortgages. The mortgages can last up to 30 years, but the deposits are \"\"on demand\"\". Which means you can pull your money out at any time.  See the problem? They're maintaining a fiction that that money is there, safe and sound in the bank vault, ready to be returned whenever you want it, when in fact it's been loaned out. And can't be called back quickly, either. They know only a little bit of that money will be \"\"demanded\"\" by depositors at any given time, so they keep a percentage called a \"\"reserve\"\" to satisfy that, er, demand.  The rest, again, is loaned out. Gone.  And usually that works out just fine. Except sometimes it doesn't, when people get scared they might not get their money back, and they all go to the bank at the same time to demand their on-demand deposits back. This is called a \"\"run on the bank\"\", and when that happens, the bank \"\"fails\"\". 'Cause it ain't got the money.  What's failing, in fact, is the fiction that your money is there whenever you want it. And that's really bad, because when that happens to you at your bank, your friends the customers of other banks start worrying about their money, and run on their banks, which fail, which cause more people to worry and try to get their cash out, lather, rinse repeat, until the whole economy crashes. See -- The Great Depression.  So, various governments introduced \"\"Deposit Insurance\"\", where the government will step in with the cash, so when you panic and pull all your money out of the bank, you can go home happy, cash in hand, and don't freak all your friends out. Therefore, the fear that your money might not really be there is assuaged, and it doesn't spread like a mental contagion. Everyone can comfortably go back to believing the fiction, and the economy goes back to merrily chugging along.  Meanwhile, with mutual funds & ETFs, everyone understands the money you put in them is invested and not sitting in a gigantic vault, and so there's no need for government insurance to maintain the fiction.  And that's the point they're trying to make.  Poorly, I might add, where their wording is concerned.\""}
{"_id": "366892", "title": "", "text": "http://www.guardian.co.uk/news/datablog/2012/oct/16/tax-biggest-us-companies-uk#zoomed-picture  Has a nice infographic (and an actual infographic, not merely a diagram or picture as too many people on this sight seem think infographics are) on a bunch of large US companies with their turnover, net profits tax paid and percentage of net profit paid as tax."}
{"_id": "366936", "title": "", "text": "It's an old problem that extends from intellectual property rights which were designed around inventions and patients. Given the current popularity of the 'mash-up' generation that sees value and merit in using part or most of anothers work and calling it original, there is a large disconnect when it comes to where and how usage should be permitted. The laws governing this particular publication depend on when it was published, what was precedent then and what addendums have been added in between."}
{"_id": "366953", "title": "", "text": "\"Hmmm... Maybe you didn't. I'll concede that. But being a mod is irrelevant. Maybe being on mobile fucked me, or my eyes are finally going.   Now.   &gt;how in my original comment, pointing out a difference between \"\"making money\"\" and \"\"turning a profit\"\" displays my ignorance of the distinction between revenue and profit.  First, \"\"making money\"\" means profitability. If I spent 50 grand on widgets and sold them all for a dollar, did I \"\"make money?\"\"\""}
{"_id": "366954", "title": "", "text": "Although I have not tried, you can check out the Western Union Money Transfers. http://www.westernunion.com/WUCOMWEB/staticMid.do?method=load&pagename=serviceToBank"}
{"_id": "366961", "title": "", "text": "\"In most parts of the US, even the more expensive parts, a $100k income can afford the rent or mortgage on a reasonably safe* 2-3 bedroom home within an hour commute of your work, plus the means to commute, plus health insurance, plus retirement savings, plus at least some discretionary income (i.e., choice between living in a nicer neighborhood, eating out more often, buying brand-name apparel, etc). In some places, $100k affords a very comfortable lifestyle, with plenty of savings.   A lot of people who live in or around big, expensive cities think it is outrageous that their $100k income doesn't get them a designer apartment, a wardrobe full of fitted suits, eating out twice a week, two overseas vacations per year, etc. They confuse not having a Hollywood lifestyle, with being poor. Those are some of the most obnoxious people in the world.   *because this post is sure to draw the ire of some privileged people who think that \"\"reasonably safe\"\" means top 5%, I will offer the definition of \"\"reasonably safe\"\" as one of the top three quintiles of US zip codes with lowest violent crime rates per capita.\""}
{"_id": "366962", "title": "", "text": "What? I think you're really confused.  ~1946 - ~1964 is the Baby Boomers.  All of the policies that were put in place that led up to first the .COM bubble and then the housing bubble, took place in the late 80s and through the 90s. Most of Gen X was somewhere between their late 20s/early 30s (for the oldest) and elementary school (for the youngest, born in 81/82). The small percentage of that group that was even out of school during those years was very likely in their first few years on the job. Even while the events eventually transpired (2000-2008), most of Gen X was still either in school, or in their first few years on the job (the very oldest of them was around 40, and finally at a point where they could start being considered as middle-managers).  Only now, in 2012, are we finally starting to see the bulk of the power starting to shift, as the Baby Boomers finally begin to retire, and Gen X starts taking their place. In all actuality, the collapse in 2008 could turn out to be the line in the sand where the Boomer rule ended, and Gen X took over. In 15 years, if things have gotten worse, then we can all get back together and blame Gen X...but as far as the mess we're in currently? That's the Boomers."}
{"_id": "366976", "title": "", "text": "There's a cool calculator at Money Chimp that lets you plug in a start and end year and see what the compound annual growth rate of the S&P 500.  The default date range of 1871 through 2010 gives a rate of 8.92% for example. Something you need to take into account when comparing returns to a whole life policy is what happens to the cash value in your policy when you die.  Many of these policies are written so that your beneficiaries only get the face value of the policy, and the insurance company keeps the cash value."}
{"_id": "366989", "title": "", "text": "The thing you need to keep in mind is that if you take on debt, you need to have a plan to pay it off and execute on it.  You also need to understand what your carrying cost is (what you will pay in finance charges every month.)  There are times when you need to take on debt in order to be a productive person.  For example, in many places in the US, you need a car in order to have a job.  It's ludicrous for someone to assert that you shouldn't take on any debt in order to get a reliable vehicle.  That doesn't mean you go out and lease the fanciest car that you can get on your income. In this case, I'd say it's a bit of a grey area.  Could you live in an unfurnished apartment for a while?  Perhaps.  Many people would have a hard time living like that and it could affect your ability to perform at work.  I would argue that buying a decent mattress to sleep on falls under the same category as getting a car so that you can work.  You don't want to be missing work because your back is in spasm from sleeping on the floor or a worn out mattress. As far as the rest of it goes, it really depends on how fast you can pay it off.  If you are looking at more than a few months (6 tops) to pay off the purchase in full, you should reassess.  Realize that the interest you are paying is increasing the cost of the furniture and act accordingly.  As mentioned, you can often get 0% financing for a limited period.  Understand that if you don't pay off the entire balance in that period, you will normally be retroactively charged interest on the entire starting amount and that interest rate will likely be quite high. The problem with credit is when you start using it and continually growing the balance.  It's easy to keep saying that you will start paying it off later and the next thing you know you are buried.  It's not a big one-time purchase (by itself) that normally gets people into trouble, it's continual spending beyond their means month after month."}
{"_id": "367007", "title": "", "text": "There are lots of reasons for the differences in price. Can you go to (a) bank, (b) forex bureau and (c) central bank and post back both bid and offer prices at a given time so we can consider the spread? What you've said above for (a) and (b) are presumably USDGHS offer prices, because they are higher than the (c) central bank price. If a bank or bureau bid price was higher than the central bank offer price then you could buy GHS from the central bank and then sell them to a bureau for a higher price, an almost no risk arbitrage, other than the armoured car to deliver the funds from central bank to bureau. What you've posted is: (a) a bank will sell you 1 USD for 3.4 GHS (b) a bureau will sell you 1 USD for 3.7 GHS (c) we can see the bid/offer for central bank is 3.1949/3.1975 which means the central bank, if you have an account, will sell you 1 USD for 3.1975 GHS. You clearly want to buy USD from the central bank, then the bank, then the bureau. Anyway, the reason for these differences is all to do with liquidity conditions in the local areas, the customer types, and the frequency of orders versus inventory... Think about it. The central bank has the most frequency of orders and the biggest customers so it offers the lower price, then the bank, and then the bureau. I think the bureau is the worst price there... You have to explain further :)"}
{"_id": "367008", "title": "", "text": "I can make withdrawals immediately, 2x per month. I wasn't told the money would be tied up. And also, although it doesn't count for much, I'd like to trade under a formal prop firm just so I could put it on my resume, people wouldn't put much weight on performance in a retail account. Atleast, I don't believe so, I could be wrong"}
{"_id": "367010", "title": "", "text": "You are describing a situation that is different, than what the video presented.  The video is mainly pointing out concentrated wealth.  Sure, what you are doing to retire early is good.  However, if you get to the point where you start to be a hoarder of wealth; then, you become part of the issue."}
{"_id": "367014", "title": "", "text": "Go with a Vanguard ETF.  I had a lengthy discussion with a successful broker who runs a firm in Chicago. He boiled all of finance down to Vanguard ETF and start saving with a roth IRA. 20 years of psychology research shows that there's a .01 correlation (that's 1/100 of 1%) of stock/mutual fund performance to prediction. That's effectively zero. You can read more about it in the book Thinking Fast and Slow. Investors have ignored this research for years. The truth is you'd be just as successful if you picked your mutual funds out of a hat. But I'll recommend you go with a broker's advice."}
{"_id": "367015", "title": "", "text": "If anyone from Atari is reading this.  Make an idiot proof box like the Nintendo classic that has all of your classic library on it.  Make it Wi-Fi enabled.  Allow other player to connect their console to yours to be player 2+.  Include things like native twitch / YouTube streaming."}
{"_id": "367026", "title": "", "text": "Should I have a W-2 re-issued? A W-2 can be corrected and a new copy will be filed with the IRS if your employer incorrectly reported your income and withholding on a W-2 that they issued. In this case, though the employer didn't withhold those taxes, they should not reissue the W-2 unless they plan to pay your portion of the payroll taxes that were not withheld. (If they paid your share of the taxes, that would increase your gross income.) Who pays for the FICA I should have paid last year? Both you and your employer owe 7.65% each for FICA taxes. By law your employer is required to pay their half and you are required to pay your half. Both you and your employer owe additional taxes because of this mistake. Your other questions assume that your employer will pay your portion of the taxes withheld. You employer could decide to do that, but this also assumes that it was your employer's fault that the mistakes were made. If you transitioned to resident alien but did not inform your employer, how is that your employer's fault?"}
{"_id": "367029", "title": "", "text": "\"When I was getting my Business Admin degree, WFM was the hot thing because of the current \"\"green revolution\"\" and I had tons of access to management at all levels because of my job. So I pretty much built all the work on my degree around them. Nothing quite like having interviews with regional buyers and store managers as a primary source on a paper or project.  Quite frankly, I think Mackey was pretty much just lucky. Most of the people I interacted with while I worked there had zero sense when it came to any sort of long term strategic positioning within the industry (which is why the activist investors have been pushing to get Mackey to sell). Now that they've actually begun to have competent competition, the cracks have really started to show.  Honestly, instead of trying to expand at a breakneck pace like they started to five-seven years, they should have looked internally and instead begun to examine all the cost-saving measures they could on their supply-chain, management structure, and IT systems while they were the darling of both consumers and the markets, and had the profits. Instead, they attempted to triple the size of the business in just a decade (funded by increasing the prices of their products even more), and really destroyed all the cultural goodwill they had going for them. Then they started expanding into areas that weren't as affluent, trying to do these longshot deals with no cohesive strategy other than \"\"people like us, they'll show up.\"\"  Seven or eight years ago, people were excited when they heard I worked for Whole Foods, and wanted to ask me a million questions. Now they find out I worked at Whole Foods and they're just like \"\"Fucking A that place is insanely expensive, and all the employees seem miserable.\"\"\""}
{"_id": "367047", "title": "", "text": "I recently bought a stock -  which was priced exactly as your question ponders, to the 1/100 cent. I happened to buy 2000 shares, but just a round lot of 100 would be enough to create no need for rounding.  It's common for industry to price this way as well, where an electronic component purchased by the thousands, is priced to the tenth or hundredth of a cent.  There's nothing magic about this, and you'll have more to ponder when your own lowest unit of currency is no longer minted. (I see you are in UK. Here, in the US, there's talk of dropping our cent. A 5 cent piece to be the smallest value coin. Yet, any non-cash transactions, such as checks, credit card purchases, etc, will still price to the penny.) To specifically answer the question - it's called decimal currency. 1/10, 1/100 of a cent."}
{"_id": "367068", "title": "", "text": "Disclaimer: I am not a tax professional. Please don't rely on this answer in lieu of professional advice. If your sole source of Arizona income is your commercial property, use the number on line 17 of your federal form 1040. This number is derived from your federal Schedule E. If you have multiple properties (or other business income from S corporations or LLCs), use only the Schedule E amount pertaining to the AZ property."}
{"_id": "367071", "title": "", "text": "Look at morningstar holdings.It will list the top 25 holdings and their current price.This will give you a good idea of the intra-day price of the fund."}
{"_id": "367083", "title": "", "text": "The problem with fighting Net Neutrality is the name \u2018Net Neutrality\u2019 itself. It means nothing to the common person and requires effort to illicit a response. It\u2019s a branding issue. Whenever politicians wants to slip some miserable piece of legislation through they wrap it in \u2018Freedom for all Americans\u2019 bill. We need to play dirtier and call this \u2018INTERNET DEATH\u2019 or \u2018FREE HD PORN REMOVAL\u2019 if we want people to pay attention."}
{"_id": "367086", "title": "", "text": "You know that you'll get benefits for shopping at Whole Foods if you're a Prime member, meaning you'll have to have some mechanism to indicate your membership while you're at the Whole Foods checkout counter....  The only reason you're not getting on all the mailing lists Amazon just knows they can get more money from you by carefully using and selling your information rather than dumping it wholesale."}
{"_id": "367091", "title": "", "text": "Lobbyists encourage legislators to add clauses to bills that help their clients save money on taxes or avoid taxes.  The income tax on hedge fund managers is a good example of that.    Some lobbyist actually craft the legislation and then give it to the legislator to get passed.    In the case of Manafort he may be responsible for the mysterious disappearance of a plank in the GOP platform.  There was a plank calling for the arming of the Ukrainians which Putin and Viktor Yanukovich wanted removed.  It was removed and nobody claims to know how it happened."}
{"_id": "367102", "title": "", "text": "Essentially obamacare act is forcing me NOT to claim my sister as my dependent (although I provide > 51% for her).  No, that's not what it's doing. It's forcing you (or her) to get insurance. So, as a big sister I can provide for her, but NOT claim her as my dependent. Do I understand everything correctly?  The exemption (that gave you that $1K back) can only be claimed by you, she cannot claim it. So by not claiming her you're giving that up. Her medical bills will probably be on you as well, so it would be in your best interest to have her insured. If you want to dump her on the taxpayer in case of a medical emergency - then yes, it will cost you the tax benefit of the additional exemption and the HOH deduction (depending on your tax rates, probably a couple of thousands of dollars). Either way you'll pay."}
{"_id": "367103", "title": "", "text": "\"Depending on where you live in the UK, buying a house sooner might be a better option. I would echo the advice about putting some money away into a \"\"rainy day\"\" fund etc. above but I know that in my area house prices are going up by around 7% per year. I bought a house two years ago and I'm paying 4% interest on my mortgage so I'm effectively making money by owning my house.  Given that you want to buy a house soonish, if your money sits in an account somewhere making no interest, you're effectively losing 7% of your cash each year by not keeping up with house prices, meaning you'll be able to afford a smaller house with the same money. Do bear in mind though that buying a house costs around \u00a34k in lawyers fees, surveys, mortgage setup fees etc. and selling a house can be more since estate agents will take a % of the sale cost. If you live somewhere where house prices are not increasing as quickly then this will not be as good an option than if you live in e.g. London where house prices are currently skyrocketing. If you don't want to live in the house, you may be able to do a buy-to-let as an investment. Generally the rent will cover the mortgage payments and probably a letting agent/property management company's fees, so while you won't see any actual net income, the people renting will be paying the mortgage off and you'll be building equity on the home. It's not entirely without risk though as tenants can trash homes etc.\""}
{"_id": "367137", "title": "", "text": "Imagine that the existing interest rate is 5%. So on a bond with face value of 100, you would be getting a $5 coupon implying a 5% yield. Now, if let's say the interest rates go up to 10%, then a new bond issued with a face value of 100 will give you a coupon of $10 implying a 10% yield. If someone in the bond market buys your bond after interest price adjustment, in order to make the 10% yield (which means that an investor typically targets at least the risk-free rate on his investments) he needs to buy your bond at $50 so that a $5 coupon can give a 10% yield. The reverse happens when interest rates go down. I hope this somewhat clears the picture. Yield = Coupon/Investment Amount Update: Since the interest rate of the bond does not change after its issuance, the arbitrage in the interest rate is reflected in the market price of the bond. This helps in bringing back the yields of old bonds in-line with the freshly issued bonds."}
{"_id": "367142", "title": "", "text": "He wasn't being condescending in his original reply. Not until you started being aggressive. Like you are to me.  It must be tough to go through life like you do, throwing accusations and bile at people for nothing more than disagreeing with you.  Good luck!"}
{"_id": "367155", "title": "", "text": "&gt; That's not how business works.  businesses have to follow regulations and laws. that is actually *exactly* how it works.   &gt;  Economics doesn't work that way.  businesses have to follow regulations and laws. that is actually *exactly* how it works.   it seems you have no grasp of basic economics, this is no more intrusive than affirmative action. I can only assume you are trolling at this point. no one is this dumb."}
{"_id": "367157", "title": "", "text": "\"&gt;I don't see how employing more middle class workers would accelerate, say, the microprocessor research leading to better phones.  Seriously? You don't see how more money in the hands of poor people and middle class people wouldn't accelerate a luxury commodity market? You don't see how more and more people would buy more expensive phones rather than the bare necessities if they had the means? I'm not talking exclusively about the middle class, btw, but also about the poor.  In fact the mobile phone market is a great example of this, because it's a product that people only tend to have one of. Even the richest people aren't going to consume that many, as long as they have the newest, best phones. The richest 10% is not enough to make up for the rest of the market who own used or outdated phones. Wealth redistribution would almost certainly ensure a boom in the phone market, since they'd be able to afford to upgrade their phones more often, and buy the better models when they do come out.  &gt;I also don't see how we are at a point in resource distribution that only the rich can afford things. As far as I can tell, poor people have a tremendous amount of wealth compared to the poor of 500 years ago or even 100 years ago.  For 100-500 years, you're probably right. But I'm not talking about the last 100 years, I'm talking about the last 30-40 or so. Every statistic I've seen indicates that the middle class and poor's purchasing power has stagnated severely while the rich have continued to rise, and it's put enormous economic strain on the middle and lower classes.  &gt;What would a \"\"stronger economy\"\" do? Use more fuel? Produce more knicknacks for consumers to waste money on?  Provide better quality of life for its citizens. That's the whole point of the economy. Right now it's not doing that, it's broken. That's why we need to fix it.\""}
{"_id": "367159", "title": "", "text": "Pretty cool that they are finding talented young people to lead things.  Also I spit out my drink when I read this part.  &gt; Kraft Heinz, known more for slashing costs than nurturing brands, has tried to update its portfolio to meet changing tastes, adding organic Capri Sun and removing artificial ingredients from Oscar Mayer hot dogs. But growth has been elusive."}
{"_id": "367170", "title": "", "text": "\"I think that's the point. There's nothing wrong with the \"\"pink slime\"\", and ABC tried to make it sound bad for the ratings.  It's hard to say which side is right in this kind of case.  It would be a shame if news shows shy away from saying bad things about products, but it's also a shame if news shows report misinformation and pander to consumer fears just for ratings, and crush a legitimate business in the process.\""}
{"_id": "367171", "title": "", "text": "&gt; isn't the political will to accomplish it  Or the will is bought off very quickly.  BTW, what do you mean by dark markets? If you mean unlisted investments then that happens regularly with PE type deals anyway. If you mean private arrangements like the GS clearing house (forget the name), then yes that shit needs to die."}
{"_id": "367185", "title": "", "text": "For those who are interested, I am answering my own question: We used Postbank and transferred 6000 Euro, we chose to Transfer in US$, and selected Shared Fees. There were three fees in total: All in all, I paid ~37$; this is about half of what I expected; and I got a perfect exchange rate. Postbank might have its downsides, but it seems they are still a good deal."}
{"_id": "367206", "title": "", "text": "You should ask your broker of choice for paperwork to move funds to them. You can't move into an account that doesn't exist, so when I wanted to move my money from an old pension plan to an IRA I set up the IRA with the broker first. When I told them it was to receive this money, they weren't asking for any initial deposit. You then have a broker and account number to give the old company to set up the move."}
{"_id": "367207", "title": "", "text": "This. Why not convert the 50k euro to dollars and AUD, and invest in a basket of companies that trade on American/Australian exchanges instead. You could hold a bit of gold, but I would definitely not put everything into gold."}
{"_id": "367216", "title": "", "text": "It is, even when we were bidding major projects we could pretty much guess who was going to get the contract before hand. We only put bids in on the ones we might not win because often times the major project would get broken up into several smaller ones because one manufacturer couldn't produce fast enough, or didn't have  enough stock for the client's entire job.  Our major projects guys had inconsistently difficult jobs, one month they would be in the office until midnight. The next month they would be playing golf at 2pm on a Wednesday."}
{"_id": "367239", "title": "", "text": "A restatement of the other answers in terms to understand the logic of an acquirer that kills it's acquisition target:  Often the target company is told they are a strategic asset, but the acquiring company knows either utilizing them or killing them are both desirable outcomes.  So the acquiring company will often make an effort to utilize them, but since everyone knows killing them is still a win, the incentives aren't totally aligned for the new owners to give it their best effort."}
{"_id": "367255", "title": "", "text": "\"You'll have to research the Canada side of things on your own or maybe someone else can answer that side. For the Germany side, there is a gift tax (Schenkungssteuer) which depends on the relationship (Verwandschaftsgrad) of the giver and receiver. steuerklassen.com has an overview here which shows the tax class (Steuerklasse) and tax free amount (Freibetrag). So according to the overview, nieces get 20 000 \u20ac tax free amount, anything over 20 000 \u20ac within 10 years from the same gift giver will be taxed with tax class 2, which can range from 15% to 43% depending on the gifted amount. The full article is here It also mentiones a few \"\"tricks\"\" for example if you want to gift 40 000 \u20ac to your niece, you could gift 20 000 \u20ac directly and 20 000 \u20ac to your brother or sister who then gifts it to their daughter - you'll have to trust them to do that, though, because you can't put that in a contract. Bottom line of this: If you want to gift more than 20 000 \u20ac, your niece should contact a tax advisor (Steuerberater).  About the bank transfer: Your niece will have to declare any bank transfers over 12 500 \u20ac that she receives. Her bank will know how to do that so she should just ask them. It also might be helpful for her to have a letter from you stating that the money came from you and is a gift, just in case the tax office (Finanzamt) doesn't believe that the money isn't from moonlighing (Schwarzarbeit).\""}
{"_id": "367267", "title": "", "text": "Yea I don't know why they just don't raise the minimum wage to 50 an hour then everyone can afford to live anywhere and there will be no negative unintended consequences of well-meaning but poorly thought out legislation!"}
{"_id": "367272", "title": "", "text": "One thing you didn't mention is whether the 401(k) offers a match. If it does, this is a slam-dunk. The $303 ($303, right?) is $3636/yr that will be doubled on deposit. It's typical for the first 5% of one's salary to capture the match, so this is right there.  In 15 years, you'll still owe $76,519. But 15 * $7272 is $109,080 in your 401(k) even without taking any growth into account. The likely value of that 401(k) is closer to $210K, using 8% over that 15 years, (At 6%, it drops to 'only' $176K, but as I stated, the value of the match is so great that I'd jump right on that.) If you don't get a match of any kind, I need to edit / completely rip my answer. It morphs into whether you feel that 15 years (Really 30) the market will exceed the 4% cost of that money. Odds are, it will. The worst 15 year period this past century 2000-2014 still had a CAGR of 4.2%."}
{"_id": "367277", "title": "", "text": "\"Assuming nothing here helps, here are some thoughts. First, If Principal Financial knows the 401k was rolled over to an IRA, then it must have been a custodian-to-custodian transfer, which means they need to know who the recipient custodian was, so I'd call them back and push a little harder. Next, they couldn't have just created an IRA out of thin air and moved some money into it without some paperwork and signatures from you, so you should have copies of that paperwork. Principal may also still have archived copies of that paperwork, that they may be able to provide to you, although they'll probably charge for that service. Also, there would have been tax reporting around the rollover. For the year the rollover occurred in, you would have received a 1099-R and 5498. The 1099-R would have to have been reported on your federal (and possibly state) income tax for that year. It may be possible to obtain copies of old 1099-R's from the IRS, maybe call them and ask. In subsequent years, you should have received at least a year-end statement. If you don't have any of that, and contacting Principal and the IRS don't help, then I'm not sure there's much that anyone can do to help you. As far as I know, there's no \"\"universal clearinghouse\"\" for IRAs, and there are a lot of IRA custodians. I would expect you to receive a year-end statement from the custodian for 2015 sometime in early 2016, so maybe just wait for (and watch for) that. And take this as an object lesson that you need to keep better track of your finances. No one's going to do it for you (unless you pay them a bunch of money).\""}
{"_id": "367294", "title": "", "text": "Stock prices are set by supply and demand. If a particular stock has a high EPS, say, $100, then people will bid more for that stock, driving up its price over one with a $10 EPS. Your job as an investor is to find stocks with low share prices, but which will give you high earnings (either in dividends, our future share price). This means finding stocks which you believe the market has priced incorrectly, for whatever reason (as an example, many bank stocks are being punished right now, even if the underlying banks are in good shape financially). If you want to beat the market indices, be prepared to do a lot of research, because you're trying to outsmart the market as a whole."}
{"_id": "367300", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Burberry\u2019s Christopher Bailey to leave at end of 2018](https://www.reddit.com/r/talkbusiness/comments/79xns2/burberrys_christopher_bailey_to_leave_at_end_of/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "367313", "title": "", "text": "You sell when you think the stock is over valued, or you need the money, or you are going to need the money in the next 5 years. I buy and hold a lot.  I bought IBM in 8th grade 1980.  I still own it.  I bought 3 share it from $190 and its now worth $5,000 do to dividend reinvestment and splits.  That stock did nothing for a thirteen years except pay a dividend but then it went up by 1800% the next 20 and paid dividends.  So I agree with other posters the whole pigs get slaughtered thing is silly and just makes fund managers more money. Think if you bought aapl at $8 and sold at $12.  The thing went to 600 and split 7-1 and is back to $120.   My parents made a ton holding Grainger for years and I have had good success with MMM and MSFT owning those for decades."}
{"_id": "367348", "title": "", "text": "\"I feel that OP's question is fundamentally wrong and an understanding of why is important. The stock market, as a whole, in the USA has an average annualized return of 11%. That means that a monkey, throwing darts at a board, can usually turn 100K into over three million in thirty-five years. (The analog I'm drawing is a 30-year old with 100K randomly picking stocks will be a multi-millionaire at 65). So to be \"\"good\"\" at investing in the stock market, you need to be better than a monkey. Most people aren't. Why? What mistakes do people make and how do you avoid them? A very common mistake is to buy high, sell low. This happened before and after the 08's recession. People rushed into the market beforehand as it was reaching its peak, sold when the market bottomed out then ignored the market in years it was getting 20+% returns. A Bogle approach for this is to simply consistently put a  part of your income into the market whether it is raining or shining. Paying high fees. Going back to the monkey example, if the monkey charges you a 2% management fees, which is low by Canadian standards, the monkey will cost you one million dollars over the course of the thirty-five years. If the monkey does a pretty good job it is a worthy expenditure. But most humans, including professional stock pickers, are worst than a monkey at picking stocks. Another mistake is adjusting your plan. Many people, when the market was giving bull returns before the 08's crash happily had a large segment of their wealth in stocks. They thought they were risk tolerant. Crash happened, they moved towards bonds. Then bonds returns were comically low while stocks soared. Had they had a plan, almost any consistent plan, they'd have done better. Another genre of issues is just doing stupid things. Don't buy that penny stock. Don't trade like crazy. Don't pay 5$ commission on a 200$ stock order. Don't fail to file your taxes.  Another mistake, and this burdens a lot of people, is that your long-term investments are for long-term investing. What a novel idea. You're 401K doesn't exist for you to get a loan for a home. Many people do liquidate their long-term savings. Don't. Especially since people who do make these loans or say \"\"I'll pay myself back later\"\" don't.\""}
{"_id": "367355", "title": "", "text": "Which strategy makes more sense: Check your new Fidelity 401k plan. Make sure it has a good group of funds available at very low fees. If it does, roll over your Principal 401k to your new 401k. Call Principal and have them transfer the funds directly to Fidelity. Do not have them send you a check. If the new plan doesn't have a good fund lineup, or has high fees, create a rollover IRA and roll your old 401k plan into it. Again, have Principal transfer the funds directly. Consider using Vanguard or other very-low-cost funds in your IRA. Taking the money out of your old 401k to pay toward your mortgage has several disadvantages. You will pay taxes and a penalty. Your mortgage rate is very good, and since you are probably in a high tax bracket and perhaps itemize deductions, the effective rate is even less. And you lose liquidity that might come in handy down the road. You can always change your mind later, but for now don't pay down your mortgage using your 401k money. As a result of being under 20%, I am paying mortgage insurance of   about $300/mo. This is wasted money. Save aggressively and get your mortgage down to 80% so that you can get rid of that PMI. If you are earning a high salary, you should be able to get there in reasonably short order. If you are maxing out your 401k ($18,000 per year), you might be better off putting it on pause and instead using that money to get rid of the PMI. I have no 'retirement' plans because I enjoy working and have plans to   start a company, and essentially will be happy working until I die You are young. Your life will change over time. Everyone young seems to choose one of two extremes:  In the end, very few choose either of these paths. For now, just plan on retiring somewhere close to normal retirement age. You can always change your plans later."}
{"_id": "367358", "title": "", "text": "I think they're compounding the interest daily. That means you have to look at the number of days between payments to judge how much the interest charge is. From February 3 to March 2 is 28 days (2012 was a leap year). From March 2 to April 3 is 32 days. That's an increase of about 14% in number of days between payments, which accounts reasonably well to the ~$18 difference in interest charge.  Daily compounding also explains the minor fluctuations in the other interest charges. I think if you compute interest/day for each month, you'll find that it is, indeed, decreasing over time."}
{"_id": "367360", "title": "", "text": "Carnegie Mellon University (CMU) and the University of Pittsburgh (Pitt) have different end of term dates but by less than a month.  Both have summer sessions, but most students do not stay over the summer.  You can rent over the summer, but prices fall by a lot.  Thirty to forty thousand students leave over the summer between the two.  Only ten to twenty thousand remain throughout the year and not all of those are in Oakland (the neighborhood in Pittsburgh where the universities are located).  So many of the landlords in Oakland have the same problem.  Your competitors will cut their rates to try to get some rent for the summer months.   This also means that you have to handle eight, nine, and three month leases rather than year long and certainly not multiyear leases.  You're right that you don't have to buy the latest appliances or the best finishes, but you still have to replace broken windows and doors.  Also, the appliances and plumbing need to mostly work.  The furnace needs to produce heat and distribute it.  If there is mold or mildew, you will have to take care of it.  You can't rely on the students doing so.  So you have to thoroughly clean the premises between tenants.   Students may leave over winter break.  If there are problems, the pipes may freeze and burst, etc.  Since they're not there, they won't let you know when things break.   Students drop out during the term and move out.  You probably won't be able to replace them when that happens.  If you have three people in two bedrooms, two of them may be in a romantic relationship.  Romantic relationships among twenty-year olds end frequently.  Your three people drops back to two.  Your recourse in that case is to evict the remaining tenants and sue for breach of contract.  But if you do that, you may not replace the tenants until a new term starts.  Better might be to sue the one who left and accept the lower rent from the other two.  But you likely won't get the entire rent amount for the remainder of the lease.  Suing an impoverished student is not the road to riches.   Pittsburgh is expected to have a 6.1% increase in house prices which almost all of it is going to be pure profit. I don't know specifically about Pittsburgh, but in the national market, housing prices are about where they were in 2004.  Prices were flat to increasing from 2004 to 2007 and then fell sharply from 2007 to 2009, were flat to decreasing from 2009 to 2012, and have increased the last few years.  Price to rent ratios are as high now as in 2003 and higher than they were the twenty years before that.  Maybe prices do increase.  Or maybe we hit a new 20% decrease.  I would not rely on this for profit.  It's great if you get it, but unreliable.   I wouldn't rely on estimates for middle class homes to apply to what are essentially slum apartments.  A 6% average may be a 15% increase in one place and a 3% decrease in another.  The nice homes with the new appliances and the fancy finishes may get the 15% increase.  The rundown houses in a block where students party past 2 AM may get no increase.   Both the city of Pittsburgh and the county of Allegheny charge property taxes.  Schools and libraries charge separate taxes.  The city provides a worksheet that estimates $2860 in taxes on a $125,000 property.  It doesn't sound like you would be eligible for homestead or senior tax relief.  Realtors should be able to tell you the current assessment and taxes on the properties that they are selling you.   You should be able to call a local insurance agent to find out what kinds of insurance are available to landlords.  There is also renter's insurance which is paid by the tenant.  Some landlords require that tenants show proof of insurance before renting.  Not sure how common that is in student housing."}
{"_id": "367375", "title": "", "text": "\"Very good Ben, in a more simplistic form:  If debt was about math only, we would not have payday lenders, 21% + credit cards, or sub-prime car loans.  Yet these things are prevalent. Debt reduction is often about behavior modification.  As such small wins are necessary to keep going much like a 12 step program; or, gamification as Ben pointed out.   The funny thing is that if a person becomes and stays intense on a debt reduction program, interest rate \"\"inefficiency\"\" is dwarfed by extra income or increased austerity.\""}
{"_id": "367377", "title": "", "text": "I disagree with those that claim an HSA is only useful for those that can afford it. An HSA is useful for anyone that is eligible to contribute to one and also pays their medical bills. This is true even if you are living paycheck to paycheck and have no money left over to contribute! Here's how you do it: This way even if you don't have enough money to make regular contributions to the HSA, you still get the tax advantage anytime you make a payment. It's effectively the same thing as regular contributions but without having to guess how much you'll need. You only contribute exactly the amount you need."}
{"_id": "367391", "title": "", "text": "\"Strategy would be my top factor.  While this may be implied, I do think it helps to have an idea of what is causing the buy and sell signals in speculating as I'd rather follow a strategy than try to figure things out completely from scratch that doesn't quite make sense to me. There are generally a couple of different schools of analysis that may be worth passing along: Fundamental Analysis:Fundamental analysis of a business involves analyzing its financial statements and health, its management and competitive advantages, and its competitors and markets. When applied to futures and forex, it focuses on the overall state of the economy, interest rates, production, earnings, and management. When analyzing a stock, futures contract, or currency using fundamental analysis there are two basic approaches one can use; bottom up analysis and top down analysis. The term is used to distinguish such analysis from other types of investment analysis, such as quantitative analysis and technical analysis. Technical Analysis:In finance, technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which, being an aspect of active management, stands in contradiction to much of modern portfolio theory. The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis which states that stock market prices are essentially unpredictable. There are tools like \"\"Stock Screeners\"\" that will let you filter based on various criteria to use each analysis in a mix.  There are various strategies one could use.  Wikipedia under Stock Speculator lists: \"\"Several different types of stock trading strategies or approaches exist including day trading, trend following, market making, scalping (trading), momentum trading, trading the news, and arbitrage.\"\"  Thus, I'd advise research what approach are you wanting to use as the \"\"Make it up as we go along losing real money all the way\"\" wouldn't be my suggested approach. There is something to be said for there being numerous columnists and newsletter peddlers if you want other ideas but I would suggest having a strategy before putting one's toe in the water.\""}
{"_id": "367397", "title": "", "text": "No, it will have no negative impact on getting a mortgage. You are building up a history with regular payments and are not carrying a balance on the card each month. Your ability to get a mortgage will ultimately be based on other things. Money Saving Expert has a good guide on what will affect your credit score. A further discussion on the topic that backs up that what a mortgage company is interested in is affordability and a stable history. They really don't care about utilisation ratios.  (Though might be spooked by almost maxed out cards - sign of poor spending control, or large unused limits - too easy to go into bad debt.)"}
{"_id": "367404", "title": "", "text": "\"The legal term for this is \"\"intestate succession\"\". The 1990 Uniform Probate Code form the basis for intestate succession, though implementation and supplementary provisions will vary from state to state. Under the Probate Code, the estate will be distributed as follows : The Probate Code does not appear to state what happens if no such beneficiaries are found.  I suspect the estate would be taken by the IRS after a suitable period of time has passed to allow for relatives to come forward. The source for this answer is the FindLaw website.  The law will apply equally to US citizens and foreign nationals.\""}
{"_id": "367409", "title": "", "text": "\"If the single active member lives in California and works at home, then you likely need to register in CA and pay the annual $800 franchise tax.  California is quite aggressive about enforcing registration of LLCs. A foreign LLC needs to register if it is \"\"doing business\"\" in California.  Here is a blog post that covers it in some detail.  It looks like you meet at least one of the criteria for doing business in California, such as:\""}
{"_id": "367414", "title": "", "text": "&gt; Trump Says Debt Ceiling Is 'Not Necessary.' Is He Right?  Of course not! How could we live without an annual white-knuckle blame-fest to decide if we are going to pay for services we already ordered and received just to score political points?"}
{"_id": "367415", "title": "", "text": "If you are going to work on making as much money as humanly possible, then you ought to consider investing in the market. [Compound Stock Earnings](http://www.compoundstockearnings.com) agrees that investing in stocks is a fantastic technique to acquire prosperity on your own. Believe it or not, it\u2019s the greatest source of wealth in the history of the world. For that reason, you need to ensure that you get started at the earliest opportunity."}
{"_id": "367429", "title": "", "text": "&gt;There\u2019s no simple way to estimate the cost of UBI. But let\u2019s assume the program is intended to alleviate poverty. The U.S.-defined poverty line for individuals with no children is $12,500. If the government were to give that annual sum to the 250 million adults in America, the cost would come to $3.125 trillion a year. It\u2019s a massive figure, but not as crazy when you consider the cost of existing entitlement programs.  &gt;According to the Center on Budget and Policy Priorities, Social Security payments came to $888 billion in fiscal 2015. Medicare, Medicaid and other health-related subsidies were $938 billion, while food stamps and other safety net programs totaled $362 billion. All in, that\u2019s $2.19 trillion.  So cut social security and medicare for the elderly who have paid into it all their lives, AND increase spending by a trillion.  See, here's the part that doesnt make sense about UBI. The people who need the money the most get less and the program costs more. Then somehow it's labeled as a more efficient distribution of welfare. It's really quite baffling how retarded the concept is."}
{"_id": "367434", "title": "", "text": "\"People can pretend that those are the only types that work those jobs, but that is most often not the case. Most of the jobs in this economy are service jobs. Like, 70% are. So, are we to then assume that 70% of people had better just be teenagers who need beer money? (Obviously, this is an oversimplification, but I think the point is clear enough.) It is not as if people pop out a kid and subway suddenly says \"\"thanks for your service! Please report to a decent job with reasonable pay to start work Monday!\"\" Those jobs just aren't there. Furthermore, it isn't like Subway or McDonalds or walmart can't afford it, or like their prices would go up significantly to shoulder it. If walmart were to pay a living wage, it would cost their customers an extra cent or two per item. I imagine it would impact each business differently, but paying employees decent wages often proves to be a more cost effective strategy because turnover and customer satisfaction go up- ask shake shack or boloco or in-n-out. Its also better for the economy overall.\""}
{"_id": "367451", "title": "", "text": "These are the same sort of people that calculate and rate the size and health of economies, the cost of social services, pensions, unionised wages, government intervention, deficits, debts, public sector costs, etc, etc. Sometimes it feels like the chaps advising the rest of us on the cost of things live on a totally different planet."}
{"_id": "367473", "title": "", "text": "Yep, but only congress can create those debts: Article 1, section 8 states (in part):  &gt;The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; [...]  &gt;**To borrow Money on the credit of the United States**; [emphasis added]  Only the congress can create the debt. The President simply doesn't have the authority to borrow money."}
{"_id": "367477", "title": "", "text": "How about on ability to do the job?  I think everyone has seen examples of women taking companies for a ride and milking them because they are pregnant and therefore untouchable. The blowback on that is that they are recognised to be less competent, in the round, than their male colleagues.  The solution is in their hands."}
{"_id": "367478", "title": "", "text": "I owned and managed a few residential properties.  At one time the net cash flow was on the order of $1000 per month.  But it was work.  Lots of work.  I was managing about 7 units. This does not count the gains in capital appreciation which were significant.   Using a management company would have put the cash flow at 0 or in the negative and would have lowered the quality of management IMO.   Nothing comes for free..."}
{"_id": "367490", "title": "", "text": "Are you wanting several quickcash? This excellent website offers the most excellent scored quickcash finances by just accredited on the net debt collectors. There isn't an credit assessment or maybe faxing essential. Easy and quick program. While you are wanting emergency dollars, find quickcash at this moment! Great internet site just for assessing on the net debt collectors."}
{"_id": "367497", "title": "", "text": "Real estate is always an interesting dynamic.  In most cases prices have always gone up.   Price is mainly a function of demand.  Sometimes demand is artificially inflated over a short term period and can come down quickly due to corrections.  During recessions the housing market will usually slow down.  There are some rare instances where certain areas never recover (see Subprime Mortgage Crisis Savings & Loans Crisis where scores of unwanted properties exist).  Things to consider:"}
{"_id": "367500", "title": "", "text": "Maybe this video can explain it better.   I'm sorry, I don't know how else to explain it. I'm not sure if you're getting it. This video looks pretty informative to me. Admittedly I haven't watched the whole thing. I just watch the first few minutes. Maybe a visual demo will help.   http://www.youtube.com/watch?v=2o9AU8MAoq4"}
{"_id": "367518", "title": "", "text": "Why for years has every broadband provider and their lobbyists been against anything net neutrality. Verizon sued because of imposed net neutrality rules and won, leaving Title II the only way to enforce net neutrality.   Why believe they won't just bribe congress to allow paid-prioritization, throttling, zero-rating and blocking?  These broadband companies need to start putting their money where their mouth is and stop with the bullshit lobbying against anything and everything remotely pro-consumer."}
{"_id": "367529", "title": "", "text": "&gt; Technology is not the the most powerful force in the universe. The most powerful force at play at any given time is imagination. Imagining a better way, an easier way, a new way and using technology to achieve it.  I was just discussing something like this with my family the other day; thanks to the imagination, technology is advancing faster and faster each day. Excellent post, thanks for sharing."}
{"_id": "367547", "title": "", "text": "\"Exchange A has 100 shares of a stock at $10, the next 100 shares cost $10.01. Exchange B has the same pricing structure.  A fund manager wants to buy 200 shares of the stock, and decides that buying 100 shares at $10 from each exchange will be cheaper than staying in one exchange and paying $10.01 for the second half of his order.  The manager places two separate orders. Let's say the first order reaches exchange A, and the trade executes at $10. Traders (algorithms) on exchange B see this happen, and adjust their price up to $10.01 accordingly. Now, when the manager's order reaches exchange B, there will no longer be any shares trading at $10.  Some people say that this is front running, but if the manager only wanted 100 shares, the price would have still shifted. Some say this creates a more efficient market with tighter spreads due to the decreased risk to the market maker, but it also means the aggregate bid-ask offers across multiple exchanges are not necessarily accurate, creating a \"\"false liquidity\"\". You can decide for yourself whether or not this is a good thing.\""}
{"_id": "367556", "title": "", "text": "\"There are two types of 401(k) contributions: \"\"elective contributions,\"\" which are the part put in by the employee and \"\"nonelective contributions,\"\" which are the part put in by the company.  Elective contributions are summed across all the plans she is contributing to.  So she can contribute $18,000 minus whatever she put in her 403(b). Additionally she can contribute 20% of the net profit of the company (before the elective contributions) as nonelective contributions (these contributions must be designated as such). You will notice that the IRS document says 25%, but that's what you can do if her business is incorporated.  For a sole proprietorship, nonelective contributions  ends up being limited at 20% of profit. Additionally, the sum of these two and her contribution to her 403(b) cannot exceed $53,000. Example: line 31 of her schedule C is $30,000 and she has contributed $10,000 to her 403(b). Maximum contribution to her solo 401(k) is ($18,000 - $10,000) + 0.2 * $30,000 = $14,000 Her total contributions for the year are $10,000 from her 403(b) plus $14,000 in her solo 401(k).  This is less than $53,000 so this limit does not bind.  If she made a ton of 1099 money, her contribution maximum would follow the above until it hit $53,000 and then it would stop there. The IRS describes this in detail in Publication 560, which also has a worksheet for figuring out your maximum explicitly.  It's unpleasant reading and the worksheets are painful, but if you do it right, it will end up being as I just described it.  Using the language of that publication, hers is a \"\"qualified plan\"\" of the \"\"defined contribution\"\" variety.\""}
{"_id": "367558", "title": "", "text": "Yes, it's considered the students asset, regardless of the custodian aspect.  I don't know how you'd propose to put it in a retirement account, even with the earned income to facilitate this, the limit is $5500/yr.  The larger issue is parental income. That and parental assets. Tough to game that part of the system to get aid. In the end, one should look to scholarships, both merit and non merit based to maximize college support."}
{"_id": "367562", "title": "", "text": "I can only answer about the U.S. For question 2, I believe the answer is no. If you are a non-resident alien for tax purposes, then only income connected to the U.S. is reported as income on the tax return. Unless there were any non-deductible contributions to your pre-tax IRAs, when you convert to Roth IRA, the entire amount of the conversion is added to your income. So the tax consequence is the same as if you had that much additional U.S. income. If you are a non-resident alien with no other income in the U.S., then the income you have to report on your U.S. tax return will basically consist of the conversion. Non-resident aliens do not have a standard deduction. However, all people have a personal exemption. If we take 2013 as an example, the exemption is $3900 per person. We will assume that you will file as single or married filing separately (non-resident aliens cannot file as married filing jointly). The first $3900 of income is covered by the exemption, and is not counted in taxable income. For single and MFS, the next $8925 of income is taxed at 10%, then next $27325 of income is taxed at 15%, and so on. So if you convert less than the personal exemption amount every year ($3900 in 2013), then in theory you do not pay any taxes. If you convert a little bit more, then some of the conversion will be taxed at 10%, etc."}
{"_id": "367565", "title": "", "text": "Although it is strange, there is little risk. The first four numbers are just the card type (Visa, Master, etc.), and the last four alone don't give them much - there are still 8 digits missing that they do not have. There is nothing much they can do with that info, especially without the PIN and the CCV, so as I said, little risk. Maybe they are using this to verify that you are the right person - you probably used that card originally to put money in for the gaming. That would be a way for them to authenticate you."}
{"_id": "367569", "title": "", "text": "\"No offense intended but are you female? Every woman I know, in my FA \"\"class\"\" as well as co-workers, say 7 was harder than 66. While, not \"\"every\"\" man I know says the 66 was harder I'd say it was in the 80-90% range. It must be something about how our brains are wired differently.\""}
{"_id": "367575", "title": "", "text": "Actually I was talking about years of having computers do all the flying and people  just being there as the contingency. I don't think we're more than a few years away from seeing the first commercial airliners that are piloted completely by computer and the person is the co-pilot. I don't honestly think it will take more than 10 years for automated commercial airliners to be commonplace. They won't completely take over the market in that time but my guess is that it will be common sooner rather than later."}
{"_id": "367577", "title": "", "text": "\"I'm not a tax lawyer, but from what I can tell it looks like you'd be eligible to use your contractor income to fund a Solo 401(k).  http://www.irafinancialgroup.com/whatissolo401k.php \"\"To access these benefits an investor must meet two eligibility requirements: The presence of self employment activity. The absence of full-time employees.\"\" And from the IRS itself (http://www.irs.gov/pub/irs-tege/forum08_401k.pdf)\""}
{"_id": "367591", "title": "", "text": "Most of helicopter enthusiasts spend more time by flying their Heli in an inverted position. The first prominent step to RC flying is being comfortable. Before anything else you need to know how to master different helicopter 3D flight. We all believe that practice makes a perfect outcome. If you happen to be a novice in this field, don\u2019t stress out over anything. It only involves taking some time out to the field and as you try your level best."}
{"_id": "367595", "title": "", "text": "My buddy owns a place in a large U.S. city that he rents out on AirBnB. He makes about $3,000 a month on it during the summer months, and his monthly payment (including mortgage, interest, HOA, etc.) is probably around $1,300."}
{"_id": "367641", "title": "", "text": "See the first item in the list: For our everyday business purposes \u2013 such as to process your   transactions, maintain your account(s), respond to court orders and   legal investigations, or report to credit bureaus Note that there's no option for you to limit this sharing. Credit reporting is the business need of the bank, not of the bureaus. They rely on them and others reporting it in their main business: lending. While you can limit the sharing with other banks/insurance companies/service providers so that you won't get offers from them based on the data shared by the bank, you cannot limit the credit reports themselves."}
{"_id": "367657", "title": "", "text": "If it became a choice of reading books versus finding internships in the industry I would choose the latter.   If it is supplemental material to the internship I think that the ones you have listed are fine. Reading a book about an ever changing industry really isn't going to get you ahead. Experience is. That being said topics related to liquidity, repo transactions, and risk management to be key if you are entering the financial industry.  For prop trading there aren't going to be too many people writing about a how to manual on the industry because then they have more competition with their experience. IMO That is why you need to work with these people and acquire the knowledge firsthand.  Trading is not something you can read about you need to do it. Especially when you are competing with people who have done it their whole lives."}
{"_id": "367730", "title": "", "text": "I think you'll find that a credit card does have an account number and sort code, I have had a Visa card previously and currently have a Mastercard. Both were paid by Direct Debit, and I could then transfer money to the account when I wanted to pay more than the minimum payment off. Check the introductory letter from the card provider, it should be on there, failing that, contact the provider and ask them for the details, how to pay, or a direct debit mandate for either the whole amount or the minimum amount."}
{"_id": "367742", "title": "", "text": "Assuming that taxes were withheld when you received the options, you would now only owe tax on the profit from the sale of the stock.  The cost basis would be whatever you bought the stock for (the strike price of the options in this case), and the profit will be the total amount received from the sale minus the total cost of those shares. Since you bought the stock more than one year ago, you will get taxed at the long-term capital gains rate of 15% (unless you are in the 39.6% tax bracket, in which case the rate is 20%). As with all tax advice on this site, you need to check with a tax specialist when you actually file, but that should give you a rough indication of what your tax liability is."}
{"_id": "367745", "title": "", "text": "Thanks for the writeup, it was a really informative read. I've been aware for a while now that Reagan and Reaganomics were in a large way the 'start' of most of the current problems in the economic and political landscape, but you filled in a few gaps that were really useful for me.  So I guess ultimately a lot of conservatives see it as a kind of necessary evil in order to bring about the success story that the current economy needs right now. Unfortunately, their strategy is totally wrong. That kind of makes sense with my observation that rather than supporting the cronyism and corruption, they turn a blind eye to it because they think it's necessary.  My view is not so much that labour and finance capital returns need to be balanced (although that is probably a great thing to aim for), but that creation of wealth/capital needs to be intrinsically linked with the creation of real value. The modern banking crisis was a great example of the ability to generate wealth while in fact destroying real value."}
{"_id": "367747", "title": "", "text": "I'm the odd man out.   My previous boss (at the same company) had a kid at 15. Despite the extra responsibility, she managed to become a CPA and have a relatively successful accounting career.  Yeah it's nuts, what are the odds that all these people had kids early right? Get this, the purchasing manager's daughter had a baby at 19. She managed to hook her daughter up with a job at my place of employment in order to help her earn enough money to care for the baby (father punked out). There definitely seems to be a company culture of this sort of thing.  As far as seizing a promotion. I don't understand why someone who is inferior in every aspect except personal favor is automatically the best candidate for a promotion due to backdoor politics. So what you're saying is that I should focus on my soft skills and less on everything else in order to get ahead? It seems wrong that I'm forced to be stuck where I am because of back door politics and not because of merit and my ability to add value to the company. I guess I don't fit into the company culture because I don't have a sob story about how I'm supporting children I conceived before I was legally able to vote.   Edit: I should probably find another company that appreciates high performers."}
{"_id": "367754", "title": "", "text": "I feel the need to separate my freelance accounts from my personal accounts. Yes, you should. Should I start another savings account or a current account? Do you need the money for daily spending? Do you need to re-invest in your business? Use a current account. If you don't need the money for business expenses, put it away in your savings account or even consider term deposits. Don't rule out a hybrid approach either (some in savings account, some in current account). What criteria should I keep in mind while choosing a bank? (I thought of SBI since it has a lot of branches and ATMs). If you are involved in online banking and that is sufficient for most of your needs, bank and ATM locations shouldn't matter all that much. If you are saving a good chunk of money, you want to at least have that keep up with inflation. Research bank term deposit interest rates. The tend to be higher than just having your money sit in a savings account. Again, it depends on how and when you expect to need the money. What do I keep in mind while paying myself? Paying yourself could have tax implications. This depends on how are set up to freelance. Are you a business entity or are you an individual? You should look in to the following in India: The other thing to consider is rewarding yourself for the good work done. Pay yourself a reasonable amount. If you decide to expand and hire people going forward, you will have a better sense of business expenses involved when paying salaries. Tips on managing money in the business account. This is a very generic question. I can only provide a generic response. Know how much you are earning and how much your are putting back in to the business. Be reasonable in how much you pay yourself and do the proper research and paperwork from a taxation point of view."}
{"_id": "367779", "title": "", "text": "C++ for lean and low latency computing, VBA if you're just trying to do excel macros, or python if you want scripting outside of excel. Note that C++ is much much more complicated and has a MUCH higher learning threshold than the other 2."}
{"_id": "367782", "title": "", "text": "Close to ten years for me. I went in at 5:58pm to get  a battery charger and asked someone where they were. He said that the store was about to close and he was outta there and walked off. Amazon is infinitely easier for non-emergencies."}
{"_id": "367785", "title": "", "text": "Term life insurance makes sense if you will have a need for money if someone dies.  If you (and your brothers) do not have enough money currently for a proper burial for your father, then you might consider term insurance to cover this.  If you already have the money to cover this (or can save for it in a short amount of time), then you are better off financially to not purchase the insurance. Estimate what you think it will cost for a burial, then determine if you have this money available to you.  If you already do, then don't purchase the insurance. If you do not have this money available to you, then you can look into a term life insurance policy on your father.  You definitely do not want a whole life insurance policy.  This will cost many more times what a term policy costs.  A term policy is a policy with an expiration date. For example, let's say that you determine that you will need $10,000 when your father dies for the funeral and burial.  You could get a 10-year policy on your father for $10,000.  Over the next 10 years, besides paying your premiums, save up $10,000 ($1,000 each year) in some type of savings/investing account.  Hopefully, your father will still be around 10 years from now, and you won't need the insurance policy anymore, because you will have saved enough to cover the costs when the time comes.  Doing this will almost always cost you less than getting a whole life policy, which never expires, but has much higher premiums. There are also 20-year term policies, which will cost more, but will give you more time to save up your fund.  The costs for these policies depend on your father's age, so get a quote for both and decide what will work for you."}
{"_id": "367809", "title": "", "text": "Assuming that's true, and giving you that EU countries are more interdependent than most, you're still massively overstating the effect of Greece's problems on the rest of the union.  Yeah, it's a problem.  Yeah, they'll all pay a bit for it.  Still, the economy is nowhere near collapse because of it."}
{"_id": "367829", "title": "", "text": "\"&gt; Comcast has argued that\u2014regardless of the competitive landscape in Internet service and cable television\u2014the merger will not result in \"\"merger-specific\"\" harm. That is, the Internet may already be monopolized, but allowing it to acquire Time-Warner Cable will not make it any worse.   I like how they have gotten to the point where no fucks are given and they ca come out and say it without any repercussions\""}
{"_id": "367845", "title": "", "text": "Stock market is like poker: you don't take the same risks when it is fake money and thus you don't learn the same lessons from your mistakes. I would recommend instead to play with real market and real money (rule #0: use only money that you don't need). Start with safe products and go to the bath progressively. It took me about ten years and I am still learning."}
{"_id": "367855", "title": "", "text": "Basically, a bunch of non-algo/HFT people read Michael Lewis' book, which is largely an advertisement for a new exchange and some hand-waving about people cutting you, so they come to this sub and talk in analogies with zero understanding of actual market microstructure. They're inevitably called out and either resort to sticking their fingers in their ears or deleting their comments."}
{"_id": "367859", "title": "", "text": "\"But what's the point of even saying that? You could get killed in a car accident tomorrow.   Should I just follow you around and post that any time you have some victory or good news? \"\"Yeah, you got a promotion, but you could get killed in a car accident tomorrow.\"\" \"\"Hey, glad she accepted your proposal; but you could get killed in a car accident tomorrow.\"\"  I could mix it up - \"\"You could have a *c. dificile* infection festering in your intestine right now - your days are numbered.\"\" \"\"Heading to your kid's graduation? Plane could fall out of the sky on the way.\"\"  I started all this by saying that the OP was a complete waste of time. It gives no advice, passes on no wisdom. There's nothing about it that anyone could act on to change their life. It offers zero value. Hell - the time I spent reading it (and arguing about it) I could've spent masturbating and been better off.   In closing - your success is *affected* by random chance. Also, the sky is often blue and more often than not water is wet at room temperature. Have a nice day.\""}
{"_id": "367863", "title": "", "text": "A more updated answer: USAA is an American bank offering chip and pin credit cards to US customers.  USAA membership is restricted to military service members and their relatives, but according to this Los Angeles Times article, you do not need to be a USAA member to get a USAA chip and pin credit card. I'm a USAA member and can testify that my USAA chip and pin MasterCard worked in Europe, so assuming nonmembers get the same kind of card, it will work.  However, it's worth noting that for it to work, the place still has to accept MasterCard, which seems somewhat less common in Europe than in the USA.  (In Germany in particular, I was rather baffled to find that many places only accept some other European bank cards but not MasterCard/VISA.)"}
{"_id": "367873", "title": "", "text": "According to Regulation T, you can make as many day trade (round trip) stock purchases using a cash account as long as you have the funds to cover each and every round trip sale. However, the funds generated from the sales cannot be used again to purchase new stocks until the settlement period (T-2 or T-3) is over. For example, say you have $10000 dollars in your cash account and no securities. You buy 1000 shares of XYZ stock in the morning at one dollar per share and you sell the stock 30 minutes later because it went up say by 50 cents. According to Regulation T, you cannot use the money generated from the sale of your 1000 shares until after the settlement date. However, you can use the remaining $9000 dollars in your account to execute other trades just as the first trade. You can do this as many times as you want as long as you have funds available to pay for the transaction the same day it's executed. The only thing to worry about and that isn't clear, is, what happens if you perform this action more than 3 times in a week? Does it mean that your cash account now becomes a margin account subject to margin account rules because you executed more than three round trip trades in a five day rolling period?"}
{"_id": "367880", "title": "", "text": "My small business has developed a relationship with a larger branch of a regional bank. I generally work on site or at home,  so when I need a space for interviews etc. I just call the bank and reserve the meeting room there."}
{"_id": "367896", "title": "", "text": "\"&gt; With about 10 minutes in front of google you could probably answer everything you just asked.  So after reading a vague, rambling blog post, my immediate reaction should be to google some of the vague points for 10 minutes in order to make sense of it, rather that just dismiss it as badly written blogspam and ignore it?  &gt;The value of anyone's opinion should be weighed in regards to what they've done as a person or professional up to that moment in time.  I've no idea what she's done and I don't particularly care. It appears she sells training materials (though exactly what is a bit vague) and it's not really my industry so I don't really feel like looking into it further.  But the OP about start-ups being a \"\"long con\"\" is way off. I can only make a judgement from there.  Who are you? Her fucking cheerleader or something?\""}
{"_id": "367899", "title": "", "text": "&gt; Vimovo was created using two readily and cheaply available generic, or over-the-counter, medicines: naproxen, also known by the brand name Aleve, and esomeprazole magnesium, also known as Nexium.  &gt; The Aleve handles your pain, and *the Nexium helps with the upset stomach that\u2019s sometimes caused by the pain reliever*.  &gt; You can walk into your local drugstore and buy a month\u2019s supply of Aleve and Nexium for **about $40**. For Vimovo, the pharmacy billed my insurance company **$3,252**.  The stomach pain that's *sometimes caused* by the other drug?  For an over 8000 per cent markup?  I'll take the Nexium, or the even-cheaper Prilosec, thanks.  And since the stomach pain is only sometimes, maybe a lot of us don't even need the bundled pain killer.  WTF.  The doctor in the article claims he didn't know the medication he prescribed was so expensive.  With the costs of medications these days, I think doctors should at least be aware of drugs they prescribe when they cost thousands of dollars - especially if there's a cheap counterpart.  &gt; [Drug maker] Horizon says the high price is justified. In fact, the drug maker wrote in an email, \u201cThe price of Vimovo is based on the value it brings to patients.\u201d  I hope Horizon gets as much hate as Martin Shkreli and Turing Pharmaceuticals did.  EDIT: Fixed mixed-up drug names."}
{"_id": "367904", "title": "", "text": "Home care services help our elders to live on their own home and get all type of daily help they need. They provide services like bathing, grooming, dressing, and meal preparation, housekeeping etc. Home care services are a great option not only for seniors but also for their families who always want the best for them."}
{"_id": "367924", "title": "", "text": "If I open and fill an ISA, then leave the account alone for an entire year, will I then be able to add an additional \u00a3[Insert ISA limit here] to the original money I put in the account?  Yes, you can. Will the full sum of \u00a3[Last years limit] + \u00a3[This years limit] that is in the account have interest paid on it? Yes, it will. Will the account be closed at the end of the period regardless? No. The account would only be closed if you requested it to be closed. Otherwise it would sit there with the original balance in it earning interest at the stated rate. The only way I can see an ISA being of any worth is by building up a substantial amount this way, but you would need so much cash laying around to max the ISA year on year. Just think of an ISA as like a completely normal savings account except that you don't pay tax on the interest, and there is a limit to how much you can deposit in any given year.  Right now, while interest rates have been low for a while, the savings rates on any account (including ISAs) are not desperately attractive; additionally, with the recent changes to how interest on normal savings accounts are taxed, ISAs are not quite such a big deal as they used to be.  If you look back to a time when interest rates were around 5%, a higher rate tax payer with \u00a350,000 in a normal savings account would earn \u00a32500 interest in a year, on which they would pay \u00a31000 in tax. That made an ISA a very attractive option indeed."}
{"_id": "367928", "title": "", "text": "It would be nice if the broker could be instructed to clear out the position for you, but in my experience the broker will simply give you the shares that you can't afford, then freeze your account because you are over your margin limit, and issue a margin call. This happened to me recently because of a dumb mistake: options I paid $200 for and expected to expire worthless, ended up slightly ITM, so they were auto-exercised on Friday for about $20k, and my account was frozen (only able to close positions).  By the next Monday, market news had shifted the stock against me and I had to sell it at a loss of $1200 to meet the margin call.  This kind of thing is what gives option trading a reputation for danger: A supposedly max-$200-risk turned into a 6x greater loss.  I see no reason to ever exercise, I always try to close my positions, but these things can happen."}
{"_id": "367930", "title": "", "text": "They will include the rental income into the calculation. They don't give you a 100% credit for the income because they have to factor that you might have a gap between tenants.  Years ago they only credited me with 66% of the expected monthly income.  Example: This expense was then supposed to come from the 10% of my income that was allocated for monthly non-principal mortgage loans, e.g student loan, auto loan, credit card debt..."}
{"_id": "367931", "title": "", "text": "If you bought a Barbi doll for a 6 year old boy who obviously doesn't want it and won't play with it, would you say the toy is bad? That same toy would be perfect for many 6 year old girls.   School being paid for and given to kids that don't want it doesn't mean it's a bad system, just that some have no interest in using it."}
{"_id": "367937", "title": "", "text": "You can take out a personal loan for any reason - to burn the money for fun, if you like. But be aware that you owe it back, not your mother, or anyone else. They will come to you for the repayments."}
{"_id": "367938", "title": "", "text": "And therein lies the solution to 'studios charge per ticket.' If studios got a cut of food and drink instead, ticket prices could plummet back to barely covering A/C and janitorial services, and more butts would hit more seats holding more already-overpriced snacks."}
{"_id": "367944", "title": "", "text": "\"It doesn't matter if the terms are a \"\"fair deal\"\" or are \"\"too good to be true\"\" \u2014 either way, it's definitely a scam. They are \"\"phishing\"\" for your personal information, including your banking information, and have no intention of giving you a loan. How can I tell? Simple: all such offers like this everywhere are scams. There is no economic situation other than being a scammer to do this. Why would an individual put out their money to strangers at such a high risk for even a much, much higher purported return? They wouldn't.\""}
{"_id": "367945", "title": "", "text": "I think firstly you need to make a list of things you need to shop and make a list of websites which are offering good deals for the items you want to purchase. You can use vouchers collected from previous purchases. Call the sellers for the listed items and see if you can negotiate a better deal. The reason you need to do this - you may not get great deals for the items you intend to purchase during or after Christmas/Boxing day/New year/. My answer start looking out from today."}
{"_id": "367953", "title": "", "text": "As much as you would like to believe in American exceptionalism, I am afraid it is has come to an end. The Jews you love so much have taken over your government and sucked it dry, all you have is debt between your Treasury and your Jewish Fed. They will tax what little you have left. And then eventually history will replay its self in its inevitable cycle.  What does America export, beside financial goobly gook and weapons, little else that is not made cheaper and better every where else and thats why you have a trade deficit. You can't even build a decent fucking car anymore.  Your youth is no longer educated and your nation is now perpetually so stoned they don't have a fucking clue what is happening around them.  You are involved in wars you cannot win, paying with money you do not have, trying to destabilize the Middle east and Muslim countries because the very same Jews that have infested you Political and economic system  want to annex more land.  You have no moral , religious, social or ethical structure left, in fact you no longer know whether your children should grow up as men or women or neither or either.  Every world leader is laughing at you and openly making fun of you and now that you are exposed as supporters of ISIS and ISIL and whatever you want to call them, are leaving you and your alliances.  Your government is openly corrupt and takes bribes from lobbyists and in the end the Biggest fucking moron that your country could produce has been installed as your president, regardless of who you voted for or wanted.  Your President has only one fucking skill, declaring Bankruptcy and that is why he was chosen, to first insulate the Global economy from your Fed driven soon to be hyper inflated dollar and then bring the abomination straight down in another controlled demolition.  You think you are coming out of this  . . . .now that is wishful thinking"}
{"_id": "367957", "title": "", "text": "\"First off, with startups, forget that you know about common structures of debt and equity. Just try to think of this money as a generic \"\"investment\"\" that meets the investors risk and return objectives.  Startups are unique in that they are high risk but generally have almost no assets or security for an investor. Investors generically want two things: 1) Return and 2) Limited Risk.   Without speculating too much: consider that the investor might be viewing the return component as the 30% equity and the 8% dividend and he views the risk management component as the additional 30% equity, until repaid.  A different way of looking at this might be that the investor would require an equity stake greater than 30% with greater than a 8% dividend if he did not get the initial investment back in return for the reduced stake.  In other words, this structure is debt and equity because that is what the investor can demand.  Maybe you can get around this by offering a higher equity stake or offering something else although this structure is common because it aligns interests of the investor and the startup.\""}
{"_id": "367960", "title": "", "text": "\"I think you are asking about actively managed funds vs. indexes and possibly also vs. diversified funds like target date funds. This is also related to the question of mutual fund vs. ETF. First, a fund can be either actively managed or it can attempt to track an index. An actively managed fund has a fund manager who tries to find the best stocks to invest in within some constraints, like \"\"this fund invests in large cap US companies\"\". An index fund tries to match as closely as possible the performance of an index like the S&P 500. A fund may also try to offer a portfolio that is suitable for someone to put their entire account into. For example, a target date fund is a fund that may invest in a mix of stocks, bonds and foreign stock in a proportion that would be appropriate to someone expecting to retire in a certain year. These are not what people tend to think of as the canonical examples of mutual funds, even though they share the same legal structure and investment mechanisms. Secondly, a fund can either be a traditional mutual fund or it can be an exchange traded fund (ETF). To invest in a traditional mutual fund, you send money to the fund, and they give you a number of shares equal to what that money would have bought of the net asset value (NAV) of the fund at the end of trading on the day they receive your deposit, possibly minus a sales charge. To invest in an ETF, you buy shares of the ETF on the stock market like any other stock. Under the covers, an ETF does have something similar to the mechanism of depositing money to get shares, but only big traders can use that, and it's not used for investing, but only for people who are making a market in the stock (if lots of people are buying VTI, Big Dealer Co will get 100,000 shares from Vanguard so that they can sell them on the market the next day). Historically and traditionally, ETFs are associated with an indexing strategy, while if not specifically mentioned, people assume that traditional mutual funds are actively managed. Many ETFs, notably all the Vanguard ETFs, are actually just a different way to hold the same underlying fund. The best way to understand this is to read the prospectus for a mutual fund and an ETF. It's all there in reasonably plain English.\""}
{"_id": "367972", "title": "", "text": "&gt; Support of Trump has always been unpalatable to most on the left but now it's unforgivable.  good.  i really hope the left keeps doubling down on the hateful rhetoric and the violence.  it shows the world the true side of the tolerant left."}
{"_id": "367974", "title": "", "text": "If you are in search of the top Bridal Makeup In Navi Mumbai, then contact with Manali Beauty spa Training Academy which also offers the training classes or diploma courses by the expert beauticians. We also provide Professional training in Hair Dressing. To know more explore the full blog."}
{"_id": "368008", "title": "", "text": "Robinhood seems interesting. Some say it's a gimmicky site with a nice UI not an investing or trading platform. From investopedia: 1. For now, the app stays afloat for mainly two reasons. First, the business itself is extremely lean: no physical locations, a small   staff, no massive public relations campaigns and only one operating   system platform to maintain. Robinhood also generates interest off of   unused cash deposits from user accounts according to the Federal Funds   rate. 2. Second, venture capitalists such as Index Ventures, Ribbit Capital,   Google Ventures, Andreessen Horowitz, Social Leverage,and \u201cmany   others\u201d have invested more than $16 million in the app. 3. According to Barron\u2019s, Robinhood plans to implement margin trading in   2015, eventually charging 3.5% interest for the service. E*Trade   charges 8.44% for accounts under $25,000. Phone assisted trading will   also be available at $10 per trade in the future. 4. Originally, Robinhood planned to make money off of order flows \u2013 a   common tactic used by discount brokerages in the 199\ufeff0s to generate   revenue. According to the company's FAQ, Robinhood backpedaled on the   idea because it executes orders through a clearing partner and, as a   result, receives little to no payment for order flow. The company is   willing to return to its original plan in the future if it receives   order flows directly or begins to generate a lot of revenue from them."}
{"_id": "368010", "title": "", "text": "You're not missing any concepts! It sounds like you are contributing a piece of collateral to the business, and you want to know a fair way to value how much this contribution of collateral is worth. Technically the economic answer would be the difference in interest between a secured loan and an unsecured loan.  So for example suppose that the business could get a loan at 17% without the collateral (maybe just on a credit card) but with the duplex as collateral it is able to get the loan at 10.5%. In principle, the value of this collateral is (17% - 10.5%) or 6.5%, because it has allowed the business to pay 6.5% less interest on its loan."}
{"_id": "368021", "title": "", "text": "Birthdays are all about fun \u2018n\u2019 frolic and when it comes to birthday parties for girls in Houston and Katy, trust Princess &amp; Tiaras Spa celebrations to be the best bet. We offer some of the coolest ideas to make the birthday of your little princess a gala affair."}
{"_id": "368023", "title": "", "text": "\"The difference between me and Uncle Sam is that Uncle Sam gets the lowest interest rates in the world.  If I could borrow money at 1.7% for 10 years you bet your ass I'd do it!    Also, the notion that \"\"Uncle Sam is running out of people to borrow from, and is having trouble paying those loans back (and the interest)\"\" is just false.  US treasuries are the most sought after debt in the world.  If anyone had any doubt uncle sam would pay them back, interest rates would be skyrocketing, not at historic lows.  After that quote I turned it off, about two minutes in.  This is just more FUD designed to get you to buy gold or whatever.  Ignore it.\""}
{"_id": "368026", "title": "", "text": "I've seen an increasing number of writeups about this.  Some peers think people just use more credit cards nowadays (instead of cash for instance), and that it's normal.  I'm not buying it.  I think this is a serious problem and I'm wondering how we're going to see this play into the US economy moving forward.  Also, if anyone knows how the EU is doing with credit card debt, I'd be grateful for any data points."}
{"_id": "368027", "title": "", "text": "My experience has been that they are expecting all damage to be covered as best as possible.  They may withhold the remaining funds until you prove the work was done.  Any money leftover is yours as long as they accept your proof.  Be careful they don't withhold so much that you aren't able to get a full repair, and try to get paid directly as most repair companies wanted to inflate the costs while letting me know they would handle the transaction.  No thanks."}
{"_id": "368044", "title": "", "text": "\"It is not clear to me why you believe you can lose more than you put in, without margin. It is difficult and the chances are virtually nil. However, I can think of a few ways. Lets say you are an American, and deposit $1000. Now lets say you think the Indian rupee is going to devalue relative to the Euro. So that means you want to go long EURINR. Going long EURINR, without margin, is still different than converting your INRs into Euros. Assume USDINR = 72. Whats actually happening is your broker is taking out a 72,000 rupee loan, and using it to buy Euros, with your $1000 acting as collateral. You will need to pay interest on this loan (about 7% annualized if I remember correctly). You will earn interest on the Euros you hold in the meantime (for simplicity lets say its 1%). The difference between interest you earn and interest you pay is called the cost of carry, or commonly referred to as 'swap'. So your annualized cost of carry is $60 ($10-$70). Lets say you have this position open for 1 year, and the exchange rate doesnt move. Your total equity is $940. Now lets say an asteroid destroys all of Europe, your Euros instantly become worthless. You now must repay the rupee loan to close the trade, the cost of which is $1000 but you only have $940 in your account. You have lost more than you deposited, using \"\"no margin\"\". I would actually say that all buying and selling of currency pairs is inherently using margin, because they all involve a short sale. I do note that depending on your broker, you can convert to another currency. But thats not what forex traders do most of the time.\""}
{"_id": "368045", "title": "", "text": "That\u2019s simple not true. What you pay your employees is directly associated to what it costs for said employees to live. You can pay a professional employee $80k in Milwaukee and they will be happy, and you won\u2019t be able to find the same anywhere near the same professional employee in NYC for $80k."}
{"_id": "368047", "title": "", "text": "I'm familiar with the quote. The institution you donate to can keep you anonymous. The person actually benefiting is not aware of your generosity. This is how I understand the biblical meaning.  By the way, a number of people who donate, do not take the tax deduction, so as to not benefit. To them I suggest they calculate the refund, and add that to their donations the next year."}
{"_id": "368053", "title": "", "text": "FYI...during the housing boom here in the US many people spoke about ever increasing home prices.  Many thought home prices could never go down.  Until they did. If it seems like it is impossible for home prices to continue to go up then they probably will stop going up at some point, although the rising prices can continue for a lot longer than you think possible. I'm wondering if Malaysia is feeling the effects of the US FED which flooded the market with US dollars after the crisis.  The Malaysian central bank holds US dollars as its foreign exchange reserves.  In order to keep the ringgit from rising against the dollar the Malaysian central bank will print up ringgit to purchase dollars which suppresses the value of the ringgit.  This has the effect of artificially lowering interest rates as ringgits become readily available leading to a boom - the boom being in real estate.  Just a hunch. Is the dinar in Kelantan getting much attention in Malaysia?  This is starting to make a little news here."}
{"_id": "368056", "title": "", "text": "The GlobalTradeConnect contains a Maximum number of wholesale product categories and you can choose from thousands of wholesale companies on our Business 2 Business directory. The expression business to business industry is used for an E-Commerce, which basically enhancement the businesses.From buying an item, then getting it all the way to ending the scope, everything occurs online without any actual connections.Hence, B2B market segments can principally be described as websites, which are made and used for business to business."}
{"_id": "368062", "title": "", "text": "Yeah, after watching his stream it did change my opinion of him. Went from hating him like most people in this thread to liking him. He's a very reasonable person just likes to troll lol.    You can watch one of his presentations where he makes a valid argument when confronted by a Harvard professor:  https://youtu.be/NE9PEpy-JI4"}
{"_id": "368063", "title": "", "text": "The cycling visit in Transylvania you'll get the opportunity to visit Romina World Heritage Sites, for example, the invigorated places of worship from Canada. The visit interchanges cycling and strolling days for you to get the most ideal cycling in Transylvania Romania, a one of a kind place that influenced it on Lonely Planet's to top locales to visit in Romina. We're the same than most by far of the mountain biking in Transylvania Romania on the planet, slanting toward all the more riding on trails."}
{"_id": "368066", "title": "", "text": "They are flame broiled, then put on a bun and places in a steam warmer, they are pretty warm when they come out (helps to soften the buns a bit too).  There are only a few things they microwave before sending out usually.  Its been awhile (over 15 years) since I worked there, but I am sure the process is pretty much the same."}
{"_id": "368068", "title": "", "text": "&gt; The issue is that they aren't leaving, they're using a loophole to avoid paying corporate taxes even though their revenue, operation, manufacturing, and logistics base is still primarily within the United States.  They're obeying the law to the letter. Whose fault is it that you don't like the law? The company's, or the government's?"}
{"_id": "368074", "title": "", "text": "\"&gt;If we could provide medicine, food, clothing, shelter, and internet access to every person in the country, then it hardly matters how callous and Randian the employment market is.  We can already provide medicine, food, clothing, shelter and internet access to every person in the country, for your implied price of more-or-less free.  Our GDP per capita versus our prices is high enough that a basic income program and a universal health-care program could pretty much *solve* the fundamental economic problems of life (in the \"\"how do I not die on the street?\"\" sense).  Capitalism in the Randian sense *is what stops us from doing so*.\""}
{"_id": "368079", "title": "", "text": "I feel something needs to be addressed The last 100 years have been a period of economic prosperity for the US, so it's no surprise that stocks have done so well, but is economic prosperity required for such stock growth? Two world wars. The Great Depression. The dotcom bust. The telecom bust. The cold war. Vietnam, Korea. OPEC's oil cartel. The Savings and Loans crisis. Stagflation. The Great Recession. I could go on.  While I don't fully endorse this view, I find it convincing: If the USA has managed 7% growth through all those disasters, is it really preposterous to think it may continue?"}
{"_id": "368080", "title": "", "text": "Pipes works demand regular checkup and maintenance by trained professional that you can find in Miami FL plumber. Technically speaking, pipes fittings are nothing but the objects used for attaching two or more pipelines. As per plumbers in Miami FL, there are different sorts of fittings available on the market and you need to pick just those that are suggested for your pipes components and pipeline patterns."}
{"_id": "368087", "title": "", "text": "I would argue for another type of lottery not mentioned that still denies trades but makes it impossible for a trade to improve on satisfaction. Basically shift from school level lotteries to student level lotteries. You use a lottery to rank all students, such that the students are ranked 1 through N. Where N is the total number of students. Student number 1 gets their top choice school. Student X gets their top school that's not already filled up. This student level, instead of school level, lottery then guarantees that it's impossible for a pair of students to trade and both get a better choice than what they got from the lottery."}
{"_id": "368109", "title": "", "text": "I will take Obama with an unbroken job creator record  despite a deliberate  GOP NO policy in Congress over George Bush and Herbert Hoover's massive job destruction any time, any day, any minute.   As for regulations - industry after industry have failed to self regulate effectively leaving state and federal government the onerous task. All it takes are a few companies in an industry to systematically break the rules for cost-cutting advantages relative to their competitors - and self regulation goes awry as in BP and Halliburton in the Gulf and all the small businesses hiring illegal immigrants and thus encouraging the illegal practice."}
{"_id": "368119", "title": "", "text": "Nope, not a Moto G, it's a new budget model with the name Moto E. I'll see if I can link to it on a sec.  *edit  [Here's the link]( http://www.motorola.com/us/consumers/shop-all-mobile-phones/Moto-E/moto-e.html)  I just bought the plain black one, but it's kind of neat that they make interchangeable colorful backs if that's something you're into I guess."}
{"_id": "368124", "title": "", "text": "\"Note that an index fund may not be able to precisely mirror the index it's tracking. If enough many people invest enough money into funds based on that index, there may not always be sufficient shares available of every stock included in the index for the fund to both accept additional investment and track the index precisely.  This is one of the places where the details of one index fund may differ from another even when they're following the same index. IDEALLY they ought to deliver the same returns, but in practical terms they're going to diverge a bit. (Personally, as long as I'm getting \"\"market rate of return\"\" or better on average across all my funds, at a risk I'm comfortable with, I honestly don't care enough to try to optimize it further. Pick a distribution based on some stochastic modelling tools, rebalance periodically to maintain that distribution, and otherwise ignore it. That's very much to the taste of someone like me who wants the savings to work for him rather than vice versa.)\""}
{"_id": "368137", "title": "", "text": "It is indeed not comparable. Companies move faster from one state to the next than from one country to the other. The company can move, or the activities can move. This is a quick win in your local economy. It's not sustainable but it can give the local economy a temporary boost, en then the economy can grow in a sustainable way.  But if it doesn't work on a state level, and one state cannot make it economy grow by attracting activities from other states, then how can a country do it?  I mean, it does work to some extend, look at Ireland for example, but it's not a perfect scheme, look at Ireland for example."}
{"_id": "368144", "title": "", "text": "Just saw the video. I think there will be less incentive for businesses and governments to allow automation to reach a point where the majority of the population is out of work. It's not hard to imagine why any economic system that puts automation above everything can end up in disarray. Excess automation will trigger the law of diminishing returns to kick in. In end the system will have to regulate itself to survive.   Example: pro-automation gvt and businesses increase investment in automation. Margins increase which leads to more spending and investment. More workers are laid off. The standard of living increases in the short-run. As more workers are getting laid off aggregate demand decreases and spending decreases leading to a recession.   The glut of production dampens the market further. Standard of living decreases. Income disparities between disenfranchised workers and sponsors of automation increase. Anti-automation movements commence, social conflict ensures. Production grinds to a near halt as unrest increases.   Now two things are possible either pro-automation gvt gives in to the pressure and introduce labor reforms abolishing full automation to allow job creation or they are ousted in a social revolution and an anti-automation gvt takes over, automation is kept in check."}
{"_id": "368150", "title": "", "text": "We have been providing high quality gold and silver plating service for over 60 Years. Using the highest quality materials and state of the art technology we offer quality finish. Our highly experienced technicians can meet any demand and complete the job in no time. With our reasonable pricing and fast turnaround, we provide a very cost effective service."}
{"_id": "368155", "title": "", "text": "The short answer is the drafting got kind of fucked up in the bill, and confessional and state republicans were able to launch lawsuits challenging the provision as unconstitutional, and have got a favorable ruling from a conservative district court, the district court's order has gotten stayed pending a slow moving appeal.  Trump has the power to flip the governments official position and say he agrees with the district court and won't enforce pending the appellate ruling.  The case is a tough one because the plain language reading differs pretty starkly with the clear intent."}
{"_id": "368165", "title": "", "text": "This is business as usual, except that you need to keep in mind that the corporate entity is separate from the individual. As such - all the background checks and references should be with regards to the actual renter - the corporation. You should be cautious as it is not so easy to dissolve an individual (well... Not as easy, and certainly not as legal), as it is to dissolve the corporation. So you may end up with a tenant who doesn't pay and doesn't have to pay because the actual renter, the corporation, no longer exists. So check the corporation background - age, credit worthiness, tax returns/business activity, judgements against, etc etc, as you would do for an individual."}
{"_id": "368170", "title": "", "text": "\"Here's a tip, man. If you find yourself starting a sentence \"\"I'm not racist, but...\"\" or \"\"I'm not homophobic, but...\"\" or \"\"I'm not sexist, but...\"\", just stop before you get to the \"\"but...\"\" part. It almost always proves the first half of your sentence incorrect.  In this case, you finish the sentence with a generalization of women, that three women will create drama whereas three men will not. That is sexist. If someone said the same thing regarding hiring black people, you would probably consider that racist, right?\""}
{"_id": "368178", "title": "", "text": "Get in touch with a competent company that offers stone restoration solutions if you are looking for professional sandstone polishing services. Such companies understand that each rock is different and thus, offer services accordingly to provide the best results."}
{"_id": "368180", "title": "", "text": "But why not call it economic hardship, cause that is what it is. Using strong negative words loosely (like slavery, racist (don't want to get into the 'racist' debate but it still serves as a good example)) as if you do they loose the strength of their definitions.   She CAN change her life in a positive way, slaves couldn't. It'll be hard but doable.   And if she chooses to work at a dead-end job that it HER choice. If she likes it more power to her, I'm not one to judge what makes her happy, but don't you dare come asking for help when you can change. Show me the progress you're making and I'd gladly help. You don't help a druggie who continuously shoots up, you help the ones who help themselves get better, not continue to swim in the mess they made."}
{"_id": "368183", "title": "", "text": "Worthwhile article. Long but very good read.  Interesting how only until recently were wiretaps being used. I heard about this from a friend- it took an outsider to the white collar crime division to get them to start pushing for wiretaps, and until they did that, they werent able to get anyone at all."}
{"_id": "368184", "title": "", "text": "CPSL is your experienced partner for medical translations. It has translated close to 80 million words in multiple languages in the past few years alone. For more information visit: 745 Atlantic Avenue, 2nd Floor, Suite 253, Boston, MA 02111, USA or call us at: +1 408-600-0707 Company Name: CPSL Address: 745 Atlantic Avenue                  2nd Floor, Suite 253                  Boston, MA 02111                  United States of America   Phone: +1 408-600-0707 Email: info-usa@cpsl.com  Webiste: http://www.cpsl.com/gb/sectors/medical-healthcare/"}
{"_id": "368226", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [With Economy Almost \u2018Home,\u2019 Poloz Is Treading Carefully on Rates](https://www.reddit.com/r/Economics/comments/78s86h/with_economy_almost_home_poloz_is_treading/) on /r/Economics with 3 karma (created at 2017-10-26 09:08:13 by /u/lingben)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "368229", "title": "", "text": "You conveniently missed the part where I said THEY'RE THE BEST SELLING CAR IN THEIR CLASS.  They literally have more demand than they can produce for the next 5+ years.  The reason they're posting losses is because they can't reinvest their money fast enough to keep up with their demand growth.  Are you going to argue that because Amazon posted a $126 million loss last quarter they are not as valuable of a company as the Mom &amp; Pop book store down the street that barely broke even?  I will reiterate: I don't think you understand how business works."}
{"_id": "368230", "title": "", "text": "\"An option is an instrument that gives you the \"\"right\"\" (but not the obligation) to do something (if you are long). An American option gives you more \"\"rights\"\" (to exercise on more days) than a European option. The more \"\"rights,\"\" the greater the (theoretical) value of the option, all other things being equal, of course. That's just how options work.  You could point to an ex post result, and and say that's not the case. But it is true ex ante.\""}
{"_id": "368233", "title": "", "text": "\"I'm not sure of the theological basis against usury in sharia law. IIRC, sharia forbids excess compensation, and the modern interpretation of this includes interest.  Rules about banking are common in religious faiths. The Catholic church viewed interest as the \"\"selling of time\"\", and since time is a force controlled by god, charging interest was a heretical practice. For private transactions, modern Islamic banking is a relatively new phenomenon that emerged in the postwar period. I don't think this method of banking is a \"\"house of cards\"\", it's just different. Some US states, like California, also subject lenders to higher levels of risk. (ie. borrowers can walk)\""}
{"_id": "368236", "title": "", "text": "Thanks for explaining added value - I do not think professors are much, if any part of the problem, it really does come down to cost in my eyes. Year over year costs go up. As a country we are pricing ourselves out of education. It will continue to create disparity and eventually you will have a large segment of the population saying no way on college (I can get a lot of free courseware on edx.org and other sites).   As numbers drop colleges are going to be hard pressed to really make money.  I often ponder what that money is spent for. I know a chunk goes to sports and other not necessarily academic activities.  I have advocated for years to people who cannot afford to go to a 4yr college to attend community college, get an Associates and make their decision from there.   With exception of the Ivy league schools I do not think there is enough value in 4 yr degree's in the job market. I am in IT and the number of people I have worked with who have had degrees since the early days of my career has dropped greatly. Many of them had non-computer degrees and jumped job fields to fill gaps early on.  Just my two cents. I really believe that most professors are not the problem (unless they are paid huge sums and even that's dependent on a lot of things)"}
{"_id": "368242", "title": "", "text": "The most important thing to remember is that being VAT registered, you must add VAT to every bill, so every bill will be 20% higher. If the bill payer is a company, they don't care because they deduct the 20% VAT from their own VAT bill. If the bill payer is a private person, their cost of your services has just gone up by 20% and it is going to hurt your business. So the question is, what kind of customers do you have?  But if your customers are companies, then the flat rate scheme mentioned above is very little work and puts a nice little amount of extra cash in your pocket (suitable if your bills are mostly for your work and not for parts that you buy for the customer and bill them for)."}
{"_id": "368247", "title": "", "text": "I would like to post a followup after almost a quarter. littleadv's advice was very good, and in retrospect exactly what I should have done to begin with. Qualifying for a secured credit card is no issue for people with blank credit history, or perhaps for anyone without any negative entries in their credit history. Perhaps, cash secured loans are only useful for those who really have so bad a credit history that they do not qualify for any other secured credit, but I am not sure. Right now, I have four cash secured credit cards and planning to maintain a 20% utilization ratio across all of them. Perhaps I should update this answer in 1.5 years!"}
{"_id": "368252", "title": "", "text": "\"Often the counter-party has obligations with respect to timelines as well -- if your buying a house, the seller probably is too, and may have a time-sensitive obligation to close on the deal. I'm that scenario, carrying the second mortgage may be enough to make that deal fall through or result in some other negative impact. Note that \"\"pre-approval\"\" means very little, banks can and do pass on deals, even if the buyer has a good payment history. That's especially true when the economy is not so hot -- bankers in 2011 are worried about not losing money... In 2006, they were worried about not making enough!\""}
{"_id": "368263", "title": "", "text": "\"Several things the book specifically recommends are either things no actual counterparty to a deal would agree to, or outright illegal.  For instance, one of his sage-like pieces of advice is to put a clause in your contract saying \"\"subject to the approval of all business partners\"\".  Then if you feel like backing out, you claim that your cat is your business partner and he didn't like the deal.  I am not making this up.   The book's central tenet of \"\"buy income producing assets\"\" is a good one.  However other than a general recommendation of real estate, it does nothing to specifically help you achieve these goals.\""}
{"_id": "368281", "title": "", "text": "I used to trade power for a closed end hedge fund.   Yes, weather derivatives are very important.  They help power traders / utilities hedge for unaccountable variables, IE weather.  For example, lets say it costs a utility $50 an hour to produce power for the load when it is 80 degrees outside.  Lets say I trade the contract with them to guarantee the weather will be under 80 degrees.  If the weather is higher than 80 degrees, more people turn in their AC, the load on the grid goes up, and the utility has to start generating power at $70 an hour.    Under this contract, I would be liable to pay the utility the net difference in their cost (the additional $20 per hour they generate per mw).  In that case I am a loser.  If the power comes in under 80 degrees, I make money as I priced (sold) the contract at a premium according to the risk I calulated for offereing the contract.  This has many many applications, but yes, its not a weird thing to trade.  Hope this helps."}
{"_id": "368315", "title": "", "text": "\"I think the problem is that you've made a math error. This child would not be costing you 300 per month, it will be costing you 1400 per month.  1100 of this is in a donation of salable hours rather than cash, but helpfully you have a number right there as to how much someone is willing to pay for these hours so the math is still doable. So, if you are indeed splitting your expenses fifty-fifty, you should chip 1100 into the pot to match your wife's contribution.  It would make the most sense, I think, to have your part of this contribution cover some of your mutual expenses, and if any is left over, save it up for the day that your child would cost more than that 300 in a month - when you need extra clothes, or have to replace something they destroyed, or want to pay for extra opportunities (camps, educational games, lessons), or a a savings that can be used for major future expenses (higher education, first car, milestone celebrations, safety net when starting out). Of course, if your family is indeed a priority, you might consider making an equal investment in your family - say, half your income (1800) to match half her time going into the building of the family.  After all, the decision to start a family should be an investment of time and value, not just a minimum bid for expenses.  And again, any extra can be spent on mutual expenses, saved up for future costs, or left as your child's \"\"savings\"\" for major expenses or safety net. I suppose I should mention that you perhaps could get away with covering half her contribution (550 per month, on the face of it), as that should also \"\"balance\"\" out the monthly expenses.  Even this much would be enough to put her back into the green on her covering her own costs.  Of course, in this case you might want to take into account that while she's working 38,5 hours per week now, running a household is, I've heard, more closely equivalent to a 60-hour week, plus or minus being \"\"on call\"\" for a further 100 hours a week.  Trying to calculate the absolute minimum payment on your part to match the investment of hours on hers is likely to be a bit more tricky than just matching the salable hours not worked, if you're set on income ratios and splitting costs \"\"as they are\"\". Also, you might want to rethink your criteria for sharing income completely or what makes certain divisions of costs \"\"unfair\"\". You mention one reason it would be unfair is that you have a \"\"more stressful job\"\" - well, your job may well be more stressful than her job now, but it is likely to be less so than raising a child (her new job).  As for investment of time and energy for your education entitling you to a larger amount of pay, again, raising a child is likely to be a larger investment of time, money, and anxiety than your education, but her pay (or even share of the costs) doesn't seem to be balanced in response.  I'm not gonna tell you what is fair, that's for you to work out, just suggesting you really think it through before deciding what would be fair or not.\""}
{"_id": "368336", "title": "", "text": "Some of the information on the HUD-1 form would have been useful to complete the income tax paperwork the next spring. It would have had numbers for Taxes, and interest that were addressed at the settlement. It is possible it is mixed in with the next years tax information. If I needed a HUD-1 form from 15 years ago, I wouldn't ask the real estate agent, I would ask the settlement company. They might have a copy of the paperwork. They might have to retrieve it from an archive, so it could take time, and they could charge a fee. The local government probably doesn't have a copy of the HUD-1, but they do have paperwork documenting the sale price when the transaction took place. I know that the jurisdictions in my area have on-line the tax appraisal information going back a number of years. They also list all the purchases because of the change in ownership, and many also list any name changes.  You probably don't want a screen capture of the transactions page, but the tax office might have what you need. This is the same information that the title search company was retrieving for their report. Question. Is there going to be capital gains? For a single person there is no gains unless the increase in price is $250,000. For a couple it is $500,000. I am ignoring any time requirements because you mentioned the purchase was 15 years ago. I am also assuming that it was never a rental property, because that would require a lot more paperwork."}
{"_id": "368338", "title": "", "text": "Short time horizon, small pot of money, and low appetite for risk?  That smells like low return situation to me. I guess it depends on how low your appetite for risk is, though.  You could open a brokerage account (free) and purchase $10K worth of a fully diversified ETF like VTI, optionally putting maybe 20% of it in a diversified bond ETF.  I consider that a reasonably conservative investment, but if you are of the mindset that you cannot tolerate a drop in your wealth, it's not going to work.  Plus if you don't have any other investments, this will be the thing that requires you to report capital gains to the IRS, and that paperwork is never fun. As an alternative, you have CD's, which will make you very little.  Or a high-ish interest rate electronic savings account like Capital one 360 or Emigrant Direct (there are probably newer ones now that outcompete even these).  Still, with anything in this paragraph you will be lucky to beat inflation.  The real interest rate was negative last time I checked, so every risk-free investment will lose money in purchasing power terms.  To beat inflation you will need to take on nonnegligible risk."}
{"_id": "368348", "title": "", "text": "Don't sell. Ever.  Well almost. A number of studies have shown that buying equal amounts of shares randomly will beat the market long term, and certainly won't do badly.  Starting from this premise then perhaps you can add a tiny bit extra with your skill... maybe, but who knows, you might suck.  Point is when buying you have the wind behind you - a monkey would make money. Selling is a different matter. You have the cost of trading out and back in to something else, only to have changed from one monkey portfolio to the other. If you have skill that covers this cost then yes you should do this - but how confident are you? A few studies have been done on anonymised retail broker accounts and they show the same story.  Retail investors on average lose money on their switches. Even if you believe you have a real edge on the market,  you're strategy still should not just say sell when it drops out of your criteria.  Your criteria are positive indicators. Lack of positive is not a negative indicator.  Sell when you would happily go short the stock.   That is you are really confident it is going down. Otherwise leave it."}
{"_id": "368367", "title": "", "text": "You clearly have no understanding of how the corporate tax code works, so I won't waste my time explaining it. Guess what, they do pay taxes...but lobbyists over the years have made it pretty easy for them to pay as little tax as possible. The logic is pretty clear: remove the special interest loopholes and tax corporations at a globally competitive rate (we have the highest corporate rate among developed countries), more companies shift their production back to America and don't store their profits in foreign holding companies with near 0 rates. More money flows back in to country, r&amp;d goes up, more jobs are created, more Americans are employed in meaningful jobs, wages go up, the govt makes up for  whatever lost corporate revenue with the increased personal income tax."}
{"_id": "368368", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-markets-oil/oil-ends-on-a-low-after-halving-in-2014-as-opec-stands-aside-idUSKBN0K905620141231) reduced by 76%. (I'm a bot) ***** &gt; NEW YORK - Oil prices fell on Wednesday to a 5-1/2-year low and ended with their second-biggest annual decline ever, down by half since June under pressure from a global glut of crude.  &gt; Weekly U.S. data showed crude oil stockpiles fell more than expected, but inventories at the oil hub at Cushing, Oklahoma, grew, keeping prices depressed.  &gt; Oil prices have collapsed this year as the Organization of the Petroleum Exporting Countries opted to maintain the same level of output despite a global glut caused by expanding U.S. shale output and diminished demand growth from China.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/759rn2/the_triggering_factor_for_the_oil_price_drop_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224918 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Oil**^#1 **Price**^#2 **U.S.**^#3 **crude**^#4 **low**^#5\""}
{"_id": "368377", "title": "", "text": "\"This is the biggest blunder I see in money handling.  \"\"Oh I'm a good person and everyone knows my intentions are good.  And they're really happy with me right now, so it'll stay that way forever, right?  So I can just do anything and they'll trust me.\"\"  And then in hindsight 10 years later, the person realizes \"\"wow, I was really stubborn and selfish to just assume that.  No wonder it blew up.\"\"  Anyway, to that end, your requirement that all the money be in one account and \"\"this will simplify taxes\"\" is horsepuckey.  No one will believe a legitimate financial advisor needs that, but it's exactly what a swindler would do. And that's the problem.  If anything goes wrong, their trust in you will be forgotten, some will say you intended to scam all along, and the structure will be the first thing to convict you.   Money makes everyone mistrusting.  Ironically, the concept is called a \"\"trust\"\", and there's a wide body of law and practice for Person X responsibly handling the money of Person Y.  The classic example is Person Y is a corporation (say, a charity) and Person X is on the Board of Directors.  It's the same basic thing.   The doctrine is:\""}
{"_id": "368421", "title": "", "text": "\"I haven't seen anyone mention it, but everyone here seems to be dumbfounded that Chipotle would start serving queso in the first place. Where I'm from, the main competitor to Chipotle is Qdoba. When I ask people why they prefer Qdoba, the answer has never not been \"\"queso\"\". I don't think that they are dropping chorizo in favor of queso, but rather they're making two separate competitive business decisions. Eliminate the opponent's advantage (queso) and mitigate a weakness (non-selling product).\""}
{"_id": "368427", "title": "", "text": "\"I disagree, the article is clear that it isn't necessarily the fault of the individual, or their spending habits.  &gt; Certainly we can all do the hard work of cutting back on our expenses, says Tescher. But she says the results of this study show something more structural than individual spending.  &gt; \"\"People are spending a shockingly large amount of income on housing. They have to pay for transportation to get to a job. These costs are going up while their wages stay the same.\"\"\""}
{"_id": "368437", "title": "", "text": "Chinese growth ALWAYS tops forecasts. And it is bullshit.  Because if you are in charge of a region, and you report less than predicted growth, your future is very sad indeed.  So, you just report the growth that central government wants to hear."}
{"_id": "368447", "title": "", "text": "In a lot of professional fields the choices are work full time or leave the industry. Many people don't have an option to work slightly less because of how employment contracts are structured. If working 4 days per week for 80% of my salary was an option, I'd jump at that opportunity."}
{"_id": "368453", "title": "", "text": "\"Good read, and the sad truth is that our generation those of us under 30 will be paying for the \"\"greatest generations\"\" mistakes.  I know I have and will continue to prepare to be self reliant.  Although I am no tea party member it is time to slash spending and bring jobs back to America.\""}
{"_id": "368460", "title": "", "text": "Lets see if ViolentAcrez is a TROLL, what does that make Brian Moynihan, or Sheldon Yellen, or any one of the other 100-200 people who have been sucking this job market dry for the last 10 years and the headline news on CNN is about a TROLL on a message board, maybe some of yo dumb asses should be letting your daughters wear that jail bait outfits period, and maybe the NEWS CREWS should be focusing on the ECONOMY and the GREEDY FUCKS WHO HAVE BEEN BLEEDING IT DRY FOR YEARS??? Don't worry, we are addin' all the NEWS CREW CEOS especially and including gawkers. FTW.  http://contact-the-ceo.com/searchbyname.html http://contact-the-ceo.com/searchbyname.html http://contact-the-ceo.com/searchbyname.html"}
{"_id": "368482", "title": "", "text": "\"This is a legal issue, or possibly an ethical issue, and not really a finance issue. And I am not a lawyer. But for what it's worth: Did you sign a written contract with H&R Block? If so, then the terms of that contract would govern. If you signed a contract saying that you agree to file your taxes through them if they meet such-and-such conditions, and they met these conditions, then you are legally obligated. If there was no written contract, then I think any court would take the conversation between you and H&R Block as an oral contract. If H&R Block said, basically, \"\"Okay, we'll calculate what we think your taxes are, and if we come up with something better than what you had before, then you agree to file your taxes through us\"\", and you said \"\"Oh, okay\"\", then that's an oral contract. You agreed to their conditions. Legally, oral contracts are just as binding as written contracts. The only difference is that it is difficult to prove exactly what was said. If you really did agree to these conditions, I suppose you could lie and say you didn't and then try to convince a court that they are the ones lying. Obvious ethical problems there. There are also implied contracts. If HRB's advertising or paperwork says that you're agreeing to file through them if they meet the conditions, I thing that a court would likely rule that you implicitly agreed to their terms by doing the review. In any case, when you go to some place like HRB mostly what you are paying for is their knowledge and expertise. So if they give you the benefit of their expertise -- they tell you how to reduce your taxes -- and then you don't pay them, that seems rather unethical to me. The situation is muddied by the fact that you paid $100 for the review. Is that paying for the basic information, the \"\"tax tip\"\", and paying for them to file is then a contract for additional work? Under some circumstances I'd say yes, that's additional work and thus an additional contract, so in the absence of a contract obligating me, I don't have to do that. The catch in this case is that at that point they must have already pretty much taken all your information and filled out all the forms. All that's left is to press the \"\"send\"\" button and submit the return, right?\""}
{"_id": "368484", "title": "", "text": "\"It appears that you already know this, but FICO credit scores (as controlled by Fair Isaac Corporation) are the real official credit scores, and FICO takes a cut on their production no matter which of the 3 major credit bureaus calculates the official score (all using slightly different methods). Be careful when obtaining a score for making a big decision that it is a FICO score, because relatively few lenders will lend based on a non-FICO score. That said, some non-FICO scores are easy to obtain and can be roughly translated to an approximation of your score. Barclays US/ Juniper Bank credit cards offer a free Transunion \"\"TransRisk\"\"(TM) score. The TransRisk score is a 900 point scale, while the FICO score is an 850 point scale. This is a simple ratio and you can calculate your approximate FICO score by the formula:\""}
{"_id": "368500", "title": "", "text": "Yeah, the past 4-5 years have been rough on fundamental guys (not to say companies like AAPL didn't fare well), but EVERYTHING has been macro. When correlations go to 1 across the board and central bank legislation has have a bigger impact on earnings than new products/good mgmt/etc. it's hard to be a fundamentalist. Like your style, this market environment is ripe for HF's though that can use leverage/hedges/and short-term positioning to create alpha while the mutual funds are stuck in long-term structured investment objective ruts and reduced risk.   Not to say you can't create alpha through selecting better/undervalued stocks, it's just been damn near impossible the last 5 years to do it."}
{"_id": "368504", "title": "", "text": "Have you looked at conventional financing rather than VA?  VA loans are not a great deal.  Conventional tends to be the best, and FHA being better than VA.  While your rate looks very competitive, it looks like there will be a .5% fee for a refinance on top of other closing costs.   If I have the numbers correct, you are looking to finance about 120K, and the house is worth about 140K.  Given your salary and equity, you should have no problem getting a conventional loan assuming good enough credit.   While the 30 year is tempting, the thing I hate about it is that you will be 78 when the home is paid off.  Are you intending on working that long?  Also you are restarting the clock on your mortgage.  Presumably you have paid on it for a number of years, and now you will start that long journey over. If you were to take the 15 year how much would go to retirement?  You claim that the $320 in savings will go toward retirement if you take the 30 year, but could you save any if you took the 15 year? All in all I would rate your plan a B-.  It is a plan that will allow you to retire with dignity, and is not based on crazy assumptions.  Your success comes in the execution.  Will you actually put the $320 into retirement, or will the needs of the kids come before that?  A strict budget is really a key component with a stay at home spouse. The A+ plan would be to get the 15 year, and put about $650 toward retirement each month.  Its tough to do, but what sacrifices can you make to get there?  Can you move your plan a bit closer to the ideal plan? One thing you have not addressed is how you will handle college for the kids.  While in the process of long term planning, you might want to get on the same page with your wife on what you will offer the kids for help with college.  A viable plan is to pay their room and board, have them work, and for them to pay their own tuition to community college.  They are responsible for their own spending money and transportation.   Thank you for your service."}
{"_id": "368505", "title": "", "text": "&gt; Of course it is, but people can't live in 7.50 an hour anymore.  So have 5000 people who would otherwise be on 7.50 an hour get 0 instead?   The finance/economics aspect of this was clear from day one, and it's a no brainer that jobs will get cut even in a leftist city like Seattle. It's not a short term thing either - there's no reason for the long run equilibrium to be any different."}
{"_id": "368519", "title": "", "text": "That number may be based on a long term historical view of the stock market.  If you look at some long term charts for the DOW  or the S&P500, you'll see that overall the upward trend is pretty good.  However there are some pretty huge flat spots in those charts, and if the majority of your investements have been made during one of those periods, you may not have seen a lot of growth. If you look at periods between 10-17 years or so, you can find places where it would have really sucked to be you (look at the S&P chart and imagine 66 to 83.. OUCH!) and places where things were stellar.   If you expand to about say 30 years or so, then it's hard to find a period without at least some good growth in there somewhere.  If you panicked during a downturn and sold on the low, things of course get much worse.  How your own portfolio has done will depend a lot on how the funds you chose have done, how much you put into equity vs fixed income, and if the fixed income was in actual bonds, or a bond fund..   Bond funds are subject to a lot more fluxuation as interest rates rise or fall than something like a t-bill or i-bond that you own outright and plan to hold to maturity."}
{"_id": "368525", "title": "", "text": "\"what an asshole.  here's the line he's hoping you won't read too closely \"\"By 2002, Fannie and Freddie had bought well over $1 trillion of subprime and other low quality loans.\"\"  BOUGHT as in private lenders made the loans and then sold them to Fannie or Freddie.  As 60 minutes recently documented many of the megabanks were routinely forging income statements and pushing people toward loans they knew they could not afford.  Yes Fannie and Freddie contributed by providing a convenient place for the bankers to stuff their fraudulent loans but even the trillion he speaks of is a drop in the bucket compared to the size of the derivatives market the banks built on top of the subprime loans.  He's either a fool or a shill and probably a little of both\""}
{"_id": "368533", "title": "", "text": "\"Well, I know for a fact, some of my flat-earth ultra religious science denying 9-11 truther friends and extended family claim it's a step closer to Armageddon.  The company who offered to implant RFIDs into their employees was a \"\"mark of the beast, the time's a coming\"\".\""}
{"_id": "368537", "title": "", "text": "It's calculated from the day you take it to the day it's paid in full, and as Dilip noted, there's usually a fee of a percent or two for cash advance.  Given the situation, the new job and need for cash, I'm not so worried about a few hundred dollars interest, nor the very short term minor ding on your credit. Credit scores have components that are long term, such as missed payments, and those that are nearly real time, like utilization."}
{"_id": "368543", "title": "", "text": "\"Writing a put for a stock means you are selling the right to sell you stock. Simply put (er no pun intended), \"\"writing put options\"\" means you are selling somebody else the right (a contract) to sell YOU a specific stock at a specific price before a specific date.  I imagine the word \"\"write\"\" to refer to the physical act of creating a contract.   The specific price is called the STRIKE and the specific date is the EXPIRATION.  By \"\"writing a put\"\", you are agreeing to purchase the stock at a particular price (the STRIKE price) before the expiration.  You get paid a fee, the \"\"premium\"\", for agreeing to purchase the stock at the strike price if asked to.  If the holder of the contract decides to make you buy the stock at the strike price, you have to do it.     If the stock never dips below the strike price, then the holder of the put contract (a contract you wrote), will never exercise their right because they'd lose money.  But if the stock drops to zero, you could potentially lose up to your strike price (times the number of shares at stake), if the holder of the contract decides to exercise.   Therefore, \"\"writing puts\"\" is a LONG position, meaning you stand to gain if the stock goes up.  FYI - \"\"LONG\"\" refers direction (UP!), not duration.\""}
{"_id": "368568", "title": "", "text": "Only taken in Malaysia, I think I'll be fine. I'm also going into my senior year of hs and this is a big attraction on the college apps, so I wouldn't be too upset if it didn't work out."}
{"_id": "368573", "title": "", "text": "Facebook is dying. Give it a year or so.    The most avid users I know are deleting their accounts.   Facebook have started texting updates and sending emails to get people back.   Any idea where the money is coming from? - countries?"}
{"_id": "368587", "title": "", "text": "\"Putting a dollar amount on the valuation of a start up business is an art form that often has very little at all to do with any real numbers and more to do with your \"\"salesman\"\" abilities when talking with the VC. That said, there are a few starting points: First is past sales, the cost of those sales and a (hopefully) realistic growth curve.  However, you don't have that so this gets harder. Do you have any actual assets?  Machinery, computers, desks, patents, etc.  Things that you actually own.  If so, then add those in.  If this is a software start-up, \"\"code\"\" is an asset, but without sales it's incredibly hard to put a value on it.  The best I've come up with is \"\"How much would it cost for someone else to build it .. after they've seen yours\"\".  Yes, you may have spent 5,000 hours building something but could someone else duplicate it, or at least the major parts, in 200 hours after seeing a demo?  Use the lower number. If I was you, I'd look hard at my business plan.  Hopefully you were as honest as you can be when writing it (and that it is as researched as possible).  What is it going to take to get that first sale?  What do you actually need to get there? (hint: your logo on the side of a building is NOT a necessary expense.  Nor is really nice office space.)  Once you have that first sale, what is the second going to take?  Can you extrapolate out to 3 years?  How many key members are there?  How much is their contribution worth?  At what point will you be profitable?   Next is to look at risks.  You haven't done this before, that's huge - I'm assuming simply because you asked this question.  Another is competitors - hopefully they already exist because opening a new market is incredibly hard and expensive; on the flip side, hopefully there aren't that many because entering a crowded market is equally hard and expensive.  Note: each are possible, but take radically different approaches and sums of money - and $200k isn't going to cut it no matter what it is you are selling. That said, competition should be able to at least point you in the direction of a price point and estimate for how long sales take.  If any are publicly traded then you have additional info to help you set a valuation.  Are there any potential regulatory or legal issues? What happens if a key member leaves, dies or is otherwise no longer available?  Insurance only helps so much if the one guy that knows everything literally gets run over.  God help you if this person likes to go skydiving. I bring risks up because you will have to surmount them during this negotiation.  For example, asking for $200k with zero hard assets, while trying to sell software to government agencies assuming a 3 week sales cycle will have you laughed at for naivety.  Whereas asking for $10m in the same situation, with a team that has governmental sales experience would likely work. Another big question is exit strategy: do you intend to IPO or sell to a competitor or a business in a related category?  If selling, do you have evidence that the target company actually buys others, and if so, how did those deals work out?  What did they look for in order to buy?  Exit strategy is HUGE to a VC and they will want to make several multiples of their money back in a relatively short amount of time.  Can you realistically support that for how much you are asking for?  If not then going through an Angel group would be better.  They have similar questions, but very different expectations. The main thing is that no one knows what your business is worth because it is 100% unproven after 2 years and is therefore a huge financial risk.  If the money you are asking for is to complete product development then that risk factor just went up radically as you aren't even talking about sales.  If the money is purely for the sales channel, then it's likely not enough. However if you know what it's going to take to get that first sale and have at least an educated idea on how much it's going to cost to repeat that then you should have an idea for how much money you want.  From there you need to decide how much of the business it is worth to you to give up in order to get that money and, voila, you have a \"\"pre money valuation\"\". The real trick will be to convince the VC that you are right (which takes research and a rock solid presentation) and negotiating from there.  No matter what offer a small percentage of the business for the money you want and realize you'll likely give up much more than that. A few things you should know: usually by year 3 it's apparent if a start-up is going to work out or not.  You're in year 2 with no sales. That doesn't look good unless you are building a physical product, have a competent team with hard experience doing this, have patents (at least filed), a proven test product, and (hopefully) have a few pre-orders and just need cash to deliver.  Although in that situation, I'd probably tell you to ask your friends and family before talking to a VC.  Even kickstarter.com would be better.   $200k just isn't a lot of money and should be very easy to raise from Friends or Angels.  If you can't then that speaks volumes to an institutional VC.  A plus is having two or three people financially invested in the company; more than that is sometimes a problem while having only 1 is a red flag. If it's a web thing and you've been doing this for 2 years with zero sales and still need another $200k to complete it then I'd say you need to take a hard look at what you've built and take it to market right now.  If you can't do that, then I'd say it might be time to abandon this idea and move on as you'll likely have to give up 80%+ to get that $200k and most VCs I've run into wouldn't bother at that level.  Which begs the question: how did the conversation with the VC start?  Did you approach them or did they approach you?  If the latter, how did they even find out about you?  Do they actually know anything about you or is this a fishing expedition?  If the latter, then this is probably a complete waste of your time. The above is only a rough guide because at the end of the day something is only worth what someone else is willing to pay.  $200k in cash is a tiny sum for most VCs, so without more information I have no clue why one would be interested in you. I put a number of hard questions and statements in here.  I don't actually want you to answer me, those are for you to think about.  Also, none of this shouldn't be taken as a discouragement, rather it should shock you into a realistic viewpoint and, hopefully, help you understand how others are going to see your baby.   If the VC has done a bit of research and is actually interested in investing then they will bring up all the same things (and likely more) in order to convince you to give up a very large part of it.  The question you have to ask yourself is: is it worth it?  Sometimes it is, often it's not.\""}
{"_id": "368589", "title": "", "text": "Answering my own questions here after doing a bit more reading: If my account grew $100 last month, do I have to wait five years to withdraw that $100 for a first-time home purchase? No, as long as the account is at least five years old. Do I have to pay taxes on that $100? No."}
{"_id": "368590", "title": "", "text": "what other pieces of info should I consider If you don't have liquid case available for unexpected repairs, then you probably don't want to use this money for either option.  The 7% return on the stocks is absolutely not guaranteed. There is a good amount of risk involved with any stock investment. Paying down the mortgage, by contrast, has a much lower risk. In the case of the mortgage, you know you'll get a 2.1% annual return until it adjusts, and then you can put some constraints on the return you'll get after it adjusts. In the case of stocks, it's reasonable to guess that it will return more than 2.1% annually if you hold it long enough. But there will be huge swings from month to month and from year to year. The sooner you need it, the more guaranteed you will want the return to be. If you have few or no stock (or bond)-like assets, then (nearly) all of your wealth is in your house, and that is independent of the remaining balance on your mortgage. If you are going to sell the house soon, then you will want to diversify your assets to protect you against a drop in home value. If you are going to stay in the house forever, then you will eventually need non-house assets to consume. Ultimately, neither option is inherently better; it really depends on what you need."}
{"_id": "368645", "title": "", "text": "If you are looking for some specific type of hosting as in the Minecraft one then you will have to first search for something that will work for you. Times have changed and so all you must do is get ahead and check out how you need to make things work."}
{"_id": "368646", "title": "", "text": "It seems human nature would be the opposite:  Hey, I have some loddars right now, I probably won't have some in the future, I should spend them on the things I *want* and *need* because in a few months *nobody* will be able to pay their debts, not just *me*.  Sort of confirmation bias theory.  No?"}
{"_id": "368649", "title": "", "text": "\"For example, Biff Spoiles started an animation studio and production developing company to produce animations -- something in the ballpark of $12,000,000.00 U.S.D. -- and he had a $12K/yearly salary. I have no clue what you mean, as others have mentioned. (I'm not sure what the \"\"12 million\"\" refers to?  Do you mean \"\"total cost of animations created by the company in a year\"\" or?  If so, \"\"12 million\"\" would amount to say 5 to 20 major, brand name TV commercials, for example.  Do you mean the \"\"cost of plant\"\" - so, for a \"\"TV commercial production company\"\" you mean purchasing desks, drawing pads, Porsches, and so on?) Your specific example of a \"\"film or TV-commercial production company\"\" is a bad example, it's not really a \"\"business\"\" - that is to say, it does not rely on capital and return on capital. The way famous \"\"film or TV-commercial production companies\"\" happens is precisely like this: A young guy/girl G (perhaps a designer or filmmaker) is working, just as you say, for a menial wage at a film company. (G got that first job perhaps out of art school.)  G gets a chance at doing a photo shoot, animation, or helping direct a TV commercial.  G does a fantastic job. Later that year, a large important animation or commercial job arrives at the company; due to the earlier excellent result, G is allowed to work on the new one. G again he does a fantastic job.  Soon, within that company, G is a highly-regarded animator or director and has attracted fame amongst colleagues and clients. Eventually, G hears of a company (XYZ Hotel) that needs a TV ad made. (Or an animation, or whatever.) G says to XYZ, look, you could spend $230,000 with a production company, and in reality they'd have me direct it anyway. I'm leaving to work independently, so I will do your job for only $190,000. In a word, XYZ says \"\"Yes\"\" and hands over a cheque for $190,000.  G spends $160,000 on the usual actors, cameramen, editing, etc, and uses 2 months of G's own time, and pockets $5000 after tax. G then doesn't get a job for a couple months, and then gets three more in the new year. Because the commercial for XYZ was so good, XYZ gave him another couple to do, for another product line. Eventually G has just enough money coming in that he \"\"hires\"\" a few freelance people for a few weeks here and there ... a cameraman, illustrator, gopher, and so on.  Eventually G has enough TV ads solidly booked G can risk actually hiring long-time friend P as a producer.  P spends most of her time actually bringing in more work - and it builds from there. Eventually. You have a very busy, well-known in the industry, TV commercial production company with many staff and endless clients (example, say, http://rsafilms.com) It might be at some point in there (say, around year three), G would like to borrow the odd million bucks to basically \"\"help with cashflow.\"\" The answer to that is nothing more than \"\"through business contacts, G knows a wealthy dentist/whoever who is prepared to do that.\"\" But note carefully that at that point, G's company is already very firmly established, famous for doing 20 spectacular animations/commercials, and so on.  (Note too that 999 times out of 1000 when this happens, the money evaporates and the dentist D never sees a penny back. In that case G \"\"apologizes\"\".) Only much much later once the company has many, many staff and great cashflow, could the production company actually borrow from a bank, or perhaps from \"\"actual investors\"\", which is more what you have in mind. regarding your four categories.  Numbers 1 and 3 are totally wrong; they do not work at all like you are asking. indeed the very simple answer is: \"\"borrow money\"\" to start a category 1 or 3 type of business. It's totally inconceivable. (The only exception would be if you literally just have an extremely rich Uncle, who loans you a few million to \"\"start an animation studio\"\" - which would be completely whacky.  Because in that example: company XYZ could not care less if you \"\"have\"\" an animation studio (ie: your Uncle has given you a platinum card, and you bought a building, some drawing pads, and a few dozen Macs).  XYZ just couldn't care less.  All they care about is your folio of work.  In this example, RSA would get the job  :)  ) My guess is you're thinking people somehow magically go around \"\"borrowing money\"\" to get businesses like that started.  (Your examples 1 and 3.) The simple answer is they don't and can't -  your fears are assuaged!  :)\""}
{"_id": "368663", "title": "", "text": "\"&gt; What does it even mean for something \"\"to come out of IT's budget?\"\"  From the IT managers perspective he has a budget of X dollars to allocate. When X dollars are spent that's it, he isn't allowed to spend any more.   If unforeseen expenses are incurred (e.g. the computers for the new hires) and deducted from his budget that leaves a deficit that has to account for, usually by dropping something else he had previously though urgent enough to spend money on.  How this is represented in the books is of no interest to the IT manager. His world view is limited to \u201cI had X dollars, now I only have X-Y dollars.\u201d\""}
{"_id": "368674", "title": "", "text": "&gt; Taking rough rice as an example, there are millions (if not billions) of people who eat rice to survive. People will always need oil to fuel their cars. People will always need electricity.  Commodity values are unlikely to go to 0, I agree. The fact you think this is super-relevant suggests to me you have not fully grasped the nature of the commodities futures markets.  &gt; I don't like to be too risky  You are looking at getting into extremely risky securities.  &gt; I guess what I am trying to do is look into things that allow me to profit, regardless of where equities are going.  Many men have died searching for the holy grail. Speculating in these markets is not for the faint of hearts, let alone for the risk-averse.  &gt; I have gone as far as to look through OTC ADRs to find some foreign value, and I found nothing.  There are plenty of funds offering lots of exposure to international equities, which seem well-geared toward the individual investor."}
{"_id": "368679", "title": "", "text": "\"Here are a handful of measures I take myself: I check my credit reports once in a while and look for anything out of the ordinary. If somebody calls me on the telephone claiming to be from my bank or credit card company, utility, etc. I ask for their number, check it, and call them back.  I don't give personal information to people merely claiming to be from a place I do business with. I never fill out ballots for free contests.  Most of the time these are scams.  When I get a call telling me \"\"you won a free cruise\"\" for a ballot I supposedly filled out at the mall, I say they're lying through their teeth.  For excitement, I'll sometimes buy a lotto ticket instead. I'm careful when I surf the web.  I don't give my personal information to web sites I can't trust.  If they look the least bit shady, I'm out.  Also, I use different passwords at different web sites.  I avoid using a password from a public terminal, but when I must, I change my password soon after. I'm careful when I download software.  I don't install anything I didn't get from a trusted source.  I pay for software when necessary, so finding a trusted source is not hard.  But, I've heard of people who \u2013 to save a buck \u2013 would download a pirated application from a shady warez site only to be \"\"gifted\"\" a trojan horse key logging or other spyware along with it. When I no longer need a bill, receipt, statement, etc. or any document containing personal information, I shred it, and I use a shredder that does a micro-cut, not just a strip- or cross-cut.  The micro-cut remains go in the green bin with wet and yucky organic waste. When I no longer need a hard drive, I use a secure wiping tool like Darik's Boot & Nuke before reusing.  If the drive isn't worth reusing, I'll wipe first then take apart with my Torx screwdriver.  Once I have the drive platter, I scratch the heck out of it.  Remains go to the community recycling depot. That's all I can think of right now; I probably missed a few :-) So, what do others do?  I'm curious, too.\""}
{"_id": "368696", "title": "", "text": "If you think of it in terms of trying to get an annual return on your investment over the long haul, you can do a simple net present value analysis to decide your buy price.  If you're playing conservative with the investments and taking safety over returns, you will still have some kind of expectation of that return will be.  Paying slightly more will drag down your returns, perhaps less than what you want to get.  If you really want to get your desired X%, then stick to your guns and don't go down the slippery slope of reaching.  If 1% off isn't bad, then 2% off isn't all that bad, and maybe 3% is OK too for the right situation, etc.  Gotta have rules and stick to them.  You never know what opportunities will be around tomorrow.  The possible drops in value should be built into your return expectations."}
{"_id": "368698", "title": "", "text": "\"Whether your financial status is considered \"\"OK\"\" depends on your aspirations.  You aren't spending more than you earn and have no debt.  That puts you in the category of OK in my book, but the information in your post indicates that you would benefit from some financial advice--100 grand sounds like a lot of money to have in a bank unless you are on the verge of spending it. Financial advisors come in various shapes and sizes.  Many will charge you a lot for what turns out to be helpful advice in the first meeting, but very little value-added thereafter.  Some don't have the best incentives (they may be incentivized to encourage you to put your money into certain funds, for example). There are many financial advisors (of sorts) that you have access to that won't cost you anything.  For example, if you have a 401(k) at work, I bet there is a representative from the plan administrator that will meet with you for free.  If you open a brokerage account or IRA at any place (Fidelity, Vanguard, etc.) you can easily talk with one of their reps and get all sorts of advice.  My personal take is to meet with anyone who will meet with me for free, but not to pay anyone for this service.  It's too easy to get good advice and paying for it doesn't guarantee that you get better advice. Your financial situation will depend primarily on a few things you have not mentioned here.  For example, How much are you setting aside for retirement and what are your retirement goals?  This is something lots of people can give you advice on, but we don't know what market returns will be going forward so we don't really know.  One bit of advice that may benefit you is how to set aside money for retirement in the most tax advantaged way. How much do you feel that you need saved up for large expenses?  Thinking of starting a family?  How many months worth of income are you comfortable having set aside? What is your tolerance of risk?  If you put your money in risky assets, you may make more, but you may also actually lose money.  Those are the questions a financial advisor will ask about.  Once you have his/her advice--and preferrably after talking to a few advisors--you can make your own decision. Basically, your options are: Rules of thumb: Save only what makes sense to save in banks given your expected needs for cash. Put a lot in tax advantaged accounts (don't give Uncle Sam any gifts). Then look at financial and real investments. There are a number of free resources on the internet.  For example FutureAdvisor.  Or you can hit up the forums at BogleHeads.  Those guys give and receive financial advice as a hobby.  They aren't professionals, but you can get a lot of varying ideas and make up your own mind, which to me is better than (just) asking a professional. BTW, regarding the ESPP: these plans often give you a discount on stock and can therefore be a good idea.  Just be sure you don't hold the stock longer than you need to.  It's generally a bad idea to concentrate your wealth in any single investment, especially one highly correlated with your background risk (i.e., if the company does poorly you will already be worse off because you may lose your job or see fewer advancement opportunities. No need to add losses in your savings to that).  1 Please note: I am neither advocating nor discouraging buying guns, gold, or other controversial real assets.  I'm just giving examples of items some people buy as part of their wealth-preservation strategy.\""}
{"_id": "368709", "title": "", "text": "I'm not certain how well this would fit your needs but have you taken a look at PearBudget? It is a pretty detailed Excel template. https://www.pearbudget.com/spreadsheet"}
{"_id": "368727", "title": "", "text": "If you receive a loan from your parents, it is treated legally just as a loan fom a bank, or from any private person with spare money. You don't pay tax on a loan that you get from your bank (or your parents), and the bank (or your parents) don't pay tax when you repay the loan. If you pay interest, the parents will have to pay tax on the interest, just like they would have to pay tax if the money was in their own bank account.  I would advice both you and your parents to make sure that a contract is signed saying that this is a loan, and how it is repaid, and that you follow the contract. Otherwise, if you or your parents treat the loan as an actual present, then you might have to pay tax, because there is tax due on gifts. And you might get a penalty for trying to avoid tax by declaring the gift as a loan. So pay the money back! Only up to \u00a33,000 in cash gifts that a person gives each year is tax free, but the parents can use any unused money from last year (so they can give a gift of \u00a36,000 if they gave nothing in the previous year), and it is per parent, so both the mother and father can make a gift."}
{"_id": "368731", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [There's so much pain in agriculture that traders are leaving](https://np.reddit.com/r/talkbusiness/comments/77z4rb/theres_so_much_pain_in_agriculture_that_traders/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "368738", "title": "", "text": "\"It depends on the definition of earnings.  A company could have revenue that nets in excess of expenses, so from that perspective a good cash flow or EBITDA, but have debt servicing costs, taxes, depreciation, amortization, that alters that perspective. So if a company is carrying a large debt load, then the bondholders are in the position to capture any excess revenues through debt service payments and the company is in a negative equity positions (no equity or dividends payable to shareholders) and has not produced earnings. If a company has valuable preferred shares issued and outstanding, then depending on the earnings definition, there may be no earnings (for the common stock) until the preferences are satisfied by the returns. So while the venture itself (revenues minus costs) could be cash flow positive, this may not be sufficient to produce \"\"earnings\"\" for shareholders, whose claim on the company still entitles them to zero current liquidation value (i.e. they get nothing if the company dissolves immediately - all value goes to bondholders or preferred).  It could also be that taxes are eating into revenue, or the depreciation of key assets is greater than the excess of revenues over costs (e.g. a bike rental company by the beach makes money on a weekly basis but is rusting out half its stock every 3 months and replacement costs will overwhelm the operating revenues).\""}
{"_id": "368743", "title": "", "text": "&gt; You actually have far less government than we do.  What?  He just said that his country has a strong safety net and universal health care.  [If you look up a New Zealander's total tax burden]() it is 25% higher.  How do you conclude that their government is smaller?"}
{"_id": "368759", "title": "", "text": "\"&gt; Income inequality comes from too much government intervention...  Right, those Monopoly games all ended the way they did due to government interventions.  &gt; ...the divergence in income growth began around the same time as the increase in regulatory burden.  Correlation does not prove causality.  &gt; Look up the Mercatus Center's regulatory growth studies.  You think I'm going to accept studies about government intervention from a think-tank headed and funded by Koch Industries people and groups and self-describing itself as \"\"the world\u2019s premier university source for market-oriented ideas\"\"?  Can you find something from a group that at least appears to be impartial?\""}
{"_id": "368764", "title": "", "text": "You have not mentioned the dates when you left India. Taxability is not depended on whether you transfer the funds to India or NOT. It is dependent on whether you are NRI for tax purposes for the given financial year. Refer to this question for more details Will it be taxable if I transfer money from UK account to India account? Edit: The lottery earnings are also treated in the same way. If you are NRI, you don't pay tax. Else you pay tax"}
{"_id": "368770", "title": "", "text": "\"The answer depends on what else you'd do with that 2%.  But first, let's look at some actual numbers. For simplicity's sake, let's say you have a \u00a3100k mortgage outstanding, your payment is \u00a31000 per month, and you want to pay \u00a31000 extra per month.  2% interest, compounded monthly for simplicity, so .02/12 = .00167% per month.  (Your interest is probably compounded daily, but this simplifies the math and isn't too far off of it.) If you don't pay it off early, then first month, you'll owe \u00a3100167, minus \u00a31000, so \u00a399167.  Second month, \u00a399332 after interest, then \u00a398332 after payment.  So on and so forth.  After 24th month (2 years), you'll owe \u00a379613 after that 24th payment.  So you've paid off \u00a320,000 of balance, at the cost of \u00a324,000; total interest paid, \u00a33,613. If you do pay off another \u00a31000, so you put a total of \u00a32000 in per month, which is penalized (.02*1000=\u00a320) each payment, for a total of \u00a348,000 paid over the 24 months.  After that 24 months, you have a balance of \u00a355,637, so a bit over \u00a344k paid off, at the cost of \u00a348k; total interest and fees paid, \u00a33,637. So, at the end of the 24 month period, you've paid an extra \u00a324 in interest/fees than you would have otherwise.  You of course have a lower loan balance at the end, but you haven't saved any money overall, and if you're just refinancing at this point into a new loan, you're no better off (and very slightly worse off), even assuming the money will just sit in your bank account and do nothing.  I think with daily compounding interest it will be around the same or slightly better, but it's not a significant amount. Now, there is a third option, perhaps: pay \u00a324000 (so after penalty, \u00a323,520) on the first month.  This is that whole extra \u00a31000 per month, all up front, where it makes the most difference for interest. This does help, some: you pay \u00a33,172 in interest, around \u00a3450 less.  Sounds good to me, right?  Except, you might be able to make more than \u00a3450 with that \u00a324,000.  \u00a3450 is 1.875% of \u00a324,000, meaning you just need to make a 2% return on your money to beat out this option (and in fact, that's not surprising, given the 2% interest rate!).  Investing in the market, even conservatively, is likely, though not guaranteed, to be beneficial; over a 2 year period it's fairly risky, though if you can think over 5-10 years, it's very likely to be substantially better.  Even a 4-5% return (well below long-term market averages) will be quite a bit better, and the market's down quite a bit right now - so it might be even better than that - though it's still a risk. You can make a term deposit (looks like \"\"Fixed rate bond\"\" is the term), even, and at least break even - right now it looks like 1.9% is common for a 2 year term deposit in the UK. In total - my recommendation would be against paying off the mortgage early, particularly in this 2% interest rate period.  2% is around inflation levels, meaning you're not really paying any real interest, from one point of view.  Once the rates are higher (4%+) then it may be worth considering.   The exception here - basically the standard exception to these questions - is if you are otherwise going to spend the money on luxuries.  In that case, you're better off prepaying the mortgage, at least from a personal finance perspective, if you can do so up front - but not if you're going to do it monthly.  What is better for you personally in this regard is a question only you can answer, of course.\""}
{"_id": "368789", "title": "", "text": "\"Because the 1st 20 years of brainwashing was enough for me to say \"\"Take your raping priests, stupid folklore, and misguided values and fuck off.\"\" And if you aren't christian, which I believe you are, than you are a child rape sympathiser. And if you aren't of the catholic persuasion, then you are being lied to at least, and conned at best. You can have your cult. I'll take the moral guidelines of Confucious and Socrates, thanks.\""}
{"_id": "368792", "title": "", "text": "Glass half full: it means it's a great time to buy if you can afford the payments  Glass half empty: it means there are not enough buyers because too many people are burdened with student loans and food services or preparation jobs"}
{"_id": "368802", "title": "", "text": "\"You are co-signer on his car loan. You have no ownership (unless the car is titled in both names).  One option (not the best, see below) is to buy the car from him.  Arrange your own financing (take over his loan or get a loan of your own to pay him for the car).  The bank(s) will help you take care of getting the title into your name.  And the bank holding the note will hold the title as well. Best advice is to get with him, sell the car. Take any money left after paying off the loan and use it to buy (cash purchase, not finance) a reliable, efficient, used car -- if you truly need a car at all. If you can get to work by walking, bicycling or public transit, you can save thousands per year, and perhaps use that money to start you down the road to \"\"financial independence\"\".  Take a couple of hours and research this.  In the US, we tend to view cars as necessary, but this is not always true.  (Actually, it's true less than half the time.) Even if you cannot, or choose not to, live within bicycle distance of work, you can still reduce your commuting cost by not financing, and by driving a fuel efficient vehicle.  Ask yourself, \"\"Would you give up your expensive vehicle if it meant retiring years earlier?\"\"  Maybe as many as ten years earlier.\""}
{"_id": "368806", "title": "", "text": "\"I'd say close them if they have fees, if you're worried about fraud or if you're going to be tempted to use them. It may have an affect on your credit rating, but it shouldn't hurt you seriously. Having too many cards gives you the \"\"opportunity\"\" to overspend, which obviously isn't good.\""}
{"_id": "368813", "title": "", "text": "This seems like a great thread to direct me somewhere my girlfriend and I can discover what it would take to quit our 2 room (TV, DVR/Cable box) setup and with cheaper services that give us what we want.  Instead of outlining the problem, I am wondering if there is a better subreddit than /business."}
{"_id": "368818", "title": "", "text": "When you start confusing morality with legality is when you enable corporations to take advantage of you.  Consider the scenario if the roles were reversed. If the bank owned money to *you*, do you think they would hesitate to default on that obligation for even a nanosecond if it was in their best interests to do so?"}
{"_id": "368829", "title": "", "text": "\"There is no \"\"shortage\"\", what there is is a lot of untalented unskilled fakers who think they can skate their way through an I.T. career after 4 years at college.  Because HR people can't tell the difference they have hired too many of the fakers and because management can't deal with the social differences that people who spend all day working with machines are going to have they have fired all of the true experts.  The business world brought this situation upon itself because of arrogance and ignorance and it deserves all of the suffering that has resulted.  Wages for high tech work have actually dropped by 50% over the last 10 years. If you folks want skilled computer workers to support your organizations again you need to increase average salaries by 200% and treat the experts with the respect we deserve.\""}
{"_id": "368839", "title": "", "text": "\"&gt;\"\"...Lyft, consciously or not, had correctly identified Uber\u2019s weakness years ago. Uber was unfriendly so Lyft would be friendly. Uber\u2019s logo was sleek and silver and black and so Lyft\u2019s would be a bright pink mustache. Uber\u2019s vision of driverless cars sounded like Skynet. Lyft painted a picture of a world with wider sidewalks and more parks.\"\"\""}
{"_id": "368840", "title": "", "text": "Companies, especially big ones, find in Switzerland a business-friendly environment and often benefit from a special tax regime. Don't mix the companies interests with yours."}
{"_id": "368843", "title": "", "text": "So you can earn $60-75 and your BF $55? You are in your 20's (based on your below comment about being 3 years into your career) with a combined income of 6 figures. That's fantastic. No kids, no accumulated cruft and you make a crap ton of money. An average house in the best school district where I live would run you about $300,000. You should be able to afford that, easily, before you are 30. Not sure why you seem to be down on your situation."}
{"_id": "368848", "title": "", "text": "What you're referring to is the yield.  The issue with these sorts of calculations is that the dividend isn't guaranteed until it's declared.  It may have paid the quarterly dividend like clockwork for the last decade, that does not guarantee it will pay this quarter.   Regarding question number 2.  Yield is generally an after the fact calculation.  Dividends are paid out of current or retained earnings.  If the company becomes hot and the stock price doubles, but earnings are relatively similar, the dividend will not be doubled to maintain the prior yield; the yield will instead be halved because the dividend per share was made more expensive to attain due to the increased share price.   As for the calculation, obviously your yield will likely vary from the yield published on services like Google and Yahoo finance.  The variation is strictly based on the price you paid for the share.  Dividend per share is a declared amount.  Assuming a $10 share paying a quarterly dividend of $0.25 your yield is: Now figure that you paid $8.75 for the share. Now the way dividends are allocated to shareholders depends on dates published when the dividend is declared.  The day you purchase the share, the day your transaction clears etc are all vital to being paid a particular dividend.  Here's a link to the SEC with related information: https://www.sec.gov/answers/dividen.htm I suppose it goes without saying but, historical dividend payments should not be your sole evaluation criteria.  Personally, I would be extremely wary of a company paying a 40% dividend ($1 quarterly dividend on a $10 stock), it's very possible that in your example bar corp is a more sound investment. Additionally, this has really nothing to do with P/E (price/earnings) ratios."}
{"_id": "368850", "title": "", "text": "I used XE trade once several years ago. I found them quite easy to use after the slightly fiddly account setup process (needed for security/anti-money laundering I think). I trusted them because I'd been using their online FX rates for a long time. I can't really comment on the specific questions you ask though as this was a long time ago and I haven't needed one since."}
{"_id": "368872", "title": "", "text": "I think you are trying to figure out what will be a break-even rental rate for you, so that then you can decide whether renting at current market rates is worth it for you. This is tricky to determine because future valuations are uncertain. You can make rough estimates though. The most uncertain component is likely to be capital appreciation or depreciation (increase or decrease in the value of your property). This is usually a relatively large number (significant to the calculation). The value is uncertain because it depends on predictions of the housing market. Future interest rates or economic conditions will likely play a major role in dictating the future value of your home. Obviously there are numerous other costs to consider such as maintenance, tax and insurance some of which may be via escrow and included in your mortgage payment. Largest uncertainty in terms of income are the level of rent and occupancy rate. The former is reasonably predictable, the latter less so.  Would advise you make a spreadsheet and list them all out with margins of error to get some idea. The absolute amount you are paying on the mortgage is a red herring similar to when car dealers ask you what payment you can afford. That's not what's relevant. What's relevant is the Net Present Value of ALL the payments in relation to what you are getting in return. Note that one issue with assessing your cost of capital is, what's your opportunity cost. ie. if you didn't have the money tied up in real estate, what could you be earning with it elsewhere? This is not really part of the cost of capital, but it's something to consider. Also note that the total monthly payment for the mortgage is not useful to your calculations because a significant chunk of the payment will likely be to pay down principal and as such represents no real cost to you (its really just a transfer - reducing your bank balance but increasing your equity in the home). The interest portion is a real cost to you."}
{"_id": "368899", "title": "", "text": "\"Yes, they have done the same thing many times, and almost every time it dies. Read the history of Ron Paul sponsored legislation. Note the phrase \"\"passed the House Oversight Committee this morning on a voice vote, with no vocal opposition\"\". That likely means no one cared to argue about it since they likely wanted to get to other issues. The final bill, like most others, will likley die.\""}
{"_id": "368903", "title": "", "text": "\"Well, \"\"on the streets\"\" is different from what you saw. You probably saw one of the early production models that weren't being delivered to owners. Last night was the \"\"first 30\"\" delivery, so the first individual owners (Tesla employees) that received their Model 3 took ownership last night. If you see one on the road now, it's more likely to be an owner \"\"production\"\" vehicle rather than a production model that isn't being delivered.\""}
{"_id": "368911", "title": "", "text": "There's two possibilities. One is that the broker declared your account abandoned and turned over your account to the state. If that happened, it should turn up here: http://missingmoney.com The second is that the broker is still holding your stock. I'd start by contacting the company's transfer agent."}
{"_id": "368938", "title": "", "text": "\"Answers: 1: No, Sections 1291-1298 of the IRC were passed in the Reagan adminstration. 2: Not only can a foreign company like a chocolate company fall afoul of the definition of PFIC because of the \"\"asset test\"\", which you cite, but it can also be called a PFIC because of the \"\"income test\"\".  For example, I have shares in a development-stage Canadian biotech which is considered a PFIC because it has no income at all, except for a minor amount of bank interest on its working capital.  This company is by no means \"\"passive\"\" (it has run 31 clinical trials in over 1100 human research subjects, burning $250M of investor's money in the process) nor is it an \"\"investment company\"\", but the stupid IRS considers it to be a \"\"passive foreign investment company\"\"!  The IRS looks at it and sees only the bank account, and assumes it is a foreign shell corporation set up to shield the bank interest from them. 3: Yes, a foreign mutual fund is EXACTLY what congress intended to be a PFIC when passed IRC 1291-1298.  (Biotechs, candy factories, ect got nailed as innocent bystanders.)  Note that if you hold a US mutual fund then every year you'll get a form 1099 in the mail.  The 1099 will report your share of the mutual fund's own income and capital gains, which you must report on your taxes.  (You can also have capital gains from selling your shares of the mutual fund, but that's a different thing.) Now suppose that there was no PFIC law.  Then the US investors in the mutual fund would do better if the mutual fund were in a foreign country, for two reasons: a) The fund would no longer distribute 1099's.  That means the shareholders wouldn't have to pay tax every year on their proportions of the fund's own income/gains.  The money that would have sooner gone to the IRS can sit around for years earning interest. b) The fund could return profits to shareholders exclusively through capital gains rather than dividends, thus ensuring that all of the investors' income on the fund would be taxed at <15%-20% rather than up to 39%.  The fund could do this by returning cash to shareholders exclusively through buybacks. However, the US mutual fund industry doesn't want to move the industry to Canada, and it only takes a few newspaper articles about a foreign loophole to make congress spring to action. 4) It depends.  If you have a PEDIGREED QEF election in place (as I do for my biotech shares) then form 8621 takes a few minutes by hand.  However, this requires both the company and the investor to fully cooperate with congress's vision for PFICs.  The company cooperates by providing a so-called \"\"PFIC annual information sheet\"\", which replaces the 1099 form for a US mutual fund.  The investor cooperates by having a \"\"QEF election\"\" in place for EACH AND EVERY TAX YEAR in which he held the stock and by reporting the numbers from the PFIC annual information sheet on his return.  (Note that the QEF election persists once made, until revoked.  There are subtleties here that I am glossing over, since \"\"deemed sale\"\" elections and other means may be used to modify a share's holding period to come into compliance.) Note that there is software coming out to handle PFICs, and that the software makers will already run their software to make your form 8621 for $75 or so.  I should also warn you that the blogs of tax accountants and tax lawyers all contradict each other on the basic issue of whether you can take capital losses on PFICs for which you have no form 8621 elections.  (See section 2.3 of my notes http://tinyurl.com/mh9vlnr for commentary on this mess.)  I do not know if the software people will tell you which elections are best made on form 8621, though, or advise you if it's time to simply dump your investment. The professional software is at 8621.com, and the individual 8621 preparation is at http://expattaxtools.com/?page_id=242. BTW, in case you're interested, I wrote up a very careful analysis of how to deal with the PFIC situation for the small biotech I invested in in certain cases. It is posted http://tinyurl.com/mh9vlnr.  (For tax reasons it was quite fortunate that the share price dipped to near an all-time low on Jan 1, 2015, making the (next) 2015 tax year ripe for a so-called \"\"deemed sale\"\" election.  This was only possible because the company provides the necessary \"\"PFIC annual information statements\"\", which your chocolate factory may or may not do.)\""}
{"_id": "368945", "title": "", "text": "Backed by more than twenty years of experience, the team at Alliance West seeks out versatile real estate holdings, setting a high standard while securing investment opportunities and growing our diverse portfolio.We specialize in the areas around Victoria, British Columbia, connecting our clients with the highly-desired, unique Vancouver Island lifestyle which offers lush urban green spaces, breathtaking ocean views, endless recreation, and wide selection of convenient neighborhoods, shops and restaurants."}
{"_id": "368953", "title": "", "text": "\"There are a lot of false claims around the internet about this concept - the fact of the matter is you are giving yourself the ability to have money in a tax favored environment with consistent, steady growth as well as the ability to access it whenever you want.  Compare this to a 401k plan for example....money is completely at risk, you can't touch it, and you're penalized if you don't follow the government's rules. As far as commissions to the agent - an agent will cut his commission in half by selling you an \"\"infinite banking\"\" style policy as opposed to a traditional whole life policy. @duffbeer703 clearly doesn't understand life insurance in the slightest when he says that the first three years of your premium payements will go to the agents pocket.  And as usual offers no alternative except \"\"pick some high yielding dividen stocks and MLPs\"\" - Someone needs to wake up from the Dave Ramsey coma and realize that there is no such thing as a 12% mutual fund....do your research on the stock market (crestmont research).  don't just listen to dave ramseys disciples who still thinking getting 12-15% year in and year out is possible. It's frustrating to listen to people who are so uneducated on the subject - remember the internet has turned everyone into \"\"experts\"\" if you want real advice talk to a legitimate expert that understands life insurance and how it actually works.\""}
{"_id": "369000", "title": "", "text": "&gt;But you also said that's not why we pay taxes  No, I didn't.   &gt;the fact that they're using the infrastructure isn't a good enough reason to pay taxes.  It's not. If everyone who used infrastructure paid income taxes than every person would pay some amount of income tax. Clearly just using infrastructure isn't considered a good enough reason to pay taxes now is it?"}
{"_id": "369005", "title": "", "text": "&gt;So, explain why the FDA now allows distinctions between sugar naturally occurring in a food (like in vegetables and such) and added sugar?  *Now allows*... After decades of getting away with all kinds of things people are finally starting to catch up with it."}
{"_id": "369007", "title": "", "text": "I guess I should put it this way.   I'm ok with a minimum wage . . . and I'm ok with raising it over time and gradually but people who try to argue that it should be a living wage are insane and don't truly understand the full ramifications that that entails."}
{"_id": "369010", "title": "", "text": "\"Charging interest by non financial institutions is allowable. There is only one definition of illegal or criminal interest and this is regarding loan sharks.  Section 347 of the Canadian Criminal Code makes it illegal to charge more than 60% annually.   The biggest debate was whether or not \"\"pay day\"\" loan companies were breaking the law.  The recent bill C-26 amends this section to exempt \"\"pay day\"\" loans from this definition.\""}
{"_id": "369013", "title": "", "text": "If the older generation had adopted MySpace before Facebook came along, they would have had a near impossible time converting them to Facebook. See Google +.   MySpace was lacking sure, but so is Facebook. But once you capture the older base, you're set for a gen or two."}
{"_id": "369018", "title": "", "text": "But adapting to shopping online, doesn't answer all of the other areas impacted by this transition. Logistical changes, manufacturing changes, local jobs whether minimum wage or not, potential regulations being put in place, and there are already clauses that retailers are adding into their store policies for purchases on bulk items permitting Amazon resale. I'm not sure how gradual it will be once the listed stores closing, officially close. Certain areas are impacted differently depending upon alternative consumer options available. If companies like Comcast are suing over having to take action to assure service for an area where they are a service provider, I imagine Amazon is having some issue with supply and demand and meeting deliveries in remote areas."}
{"_id": "369031", "title": "", "text": "If you hold a future plus enough cash collateral it is economically equivalent to owning the underlying asset or shorting the underlying asset. In general financial assets such as stock indices have a positive expected return - that's the main difference between investing and gambling. There's nothing that special about futures, they are just another contractual form of asset ownership.  Well, one difference is that regulations or brokerages allow individual investors more leverage with options and futures than with straight borrowing. But this is more a regulatory issue than a conceptual issue with the securities themselves. In theory regulators or brokers could require you to hold enough collateral to make a future equivalent to buying the underlying."}
{"_id": "369035", "title": "", "text": "The free market will determine exchange rates.   But only sort of. If anyone leaves the euro expect and immediate mother-of-all-bank-runs. Then the new currency will begin to trade both officially and unofficially and eventually a market clearing price will be set. Whether that lands on an officially pegged rate or at a discount to that rate is a total crapshoot and not even worth trying to predict."}
{"_id": "369038", "title": "", "text": "I don't think that's the case.   I mean, of course some of the new money supply is making it into the stock market, but I think it's because of the factors I listed. The money supply isn't growing faster now than it has in the past.   Here is M2 since 1980 on a log scale (because a percent change is more relevant than a change in raw dollars, just like stock market returns).  https://fred.stlouisfed.org/graph/?g=fxeb  (I am using M2 because it's a more complete measure of liquidity)  Here is the percent change over time in M2, just to show that the QE isn't really doing anything out of the ordinary.  https://fred.stlouisfed.org/graph/?g=fxek  Here you can see the inflation rate:   https://fred.stlouisfed.org/graph/?g=fxes  What quantitative easing has done is drive bond prices lower, which I already mentioned. It can also be argued that QE has expanded wealth inequality, but I already mentioned that as well. https://www.forbes.com/sites/jonhartley/2015/06/25/how-federal-reserve-quantitative-easing-expanded-wealth-inequality/#1f7528a321eb"}
{"_id": "369074", "title": "", "text": "I would be happier with everyone getting the same discount that churches do. If we are going to pretend that the state should have any power at all then it should be charging everyone the exact same price.  And not playing favorites. At least most churches are voluntary and not forced geographic monopolies."}
{"_id": "369075", "title": "", "text": "It doesn't matter to the credit agencies if there is a co-signer or not. However, your family member will need to take into consideration if they are willing to be responsible for the loan in the event you are unable to make payments. Being a co-signer means they are agreeing to pay the loan amount. It will also impact their credit score/report, either improve it if all goes well, or destroy it if neither one of you are able to pay the loan. So to you, assuming you can pay all the payments and not default, it makes no difference. But to the co-signer, it could create a huge impact.  https://www.thebalance.com/does-co-signing-affect-credit-315368"}
{"_id": "369083", "title": "", "text": "Their income is from the two sources you mentioned - they charge the merchants for each use, and they make interest money on people who carry a balance. This is one reason a lot of merchants will be willing to give you a discount if you pay cash - they don't have to give a portion to VISA or MasterCard.   I wouldn't be able to speak to the relative proportions between the two income sources, but when many cards are at 30% interest for balances carried, and many people have tens of thousands of dollars owed on their cards, the interest income is not insignificant.  They'll also charge interest immediately on cash advances. A few cards also make money off of annual fees, although I'd suspect this is not very much in the full scheme of things. The way to get the most out of a card, is to always pay it off fully at the end of each month."}
{"_id": "369086", "title": "", "text": "In my original question, I  was wondering if there was a mathematical convention to help in deciding on whether an equity offering OR debt offering would be a better choice. I should have clarified better in the question, I used Vs. which may have made it unclear."}
{"_id": "369111", "title": "", "text": "I'm really sorry to hear that mate. Probably the worst thing about public speaking is the anxiety before you go on stage. Once you're speaking, it tends to be fine and adrenaline takes over to a degree.   If you're worried about making a mistake, just practice. Even then, if you do make a mistake, just remember that most people won't notice. If they do notice, they're probably won't care. The best public speakers in the world make mistakes all the time. Watch Obama's speeches when he was President, he would often say the wrong thing but would laugh it off. Just don't take it so seriously even if it is. The audience will be better able to relate and identify with you if you do.   Maybe take some drama improvisation classes if you can. These will really help you think quick on your feet and come up with good responses fast."}
{"_id": "369123", "title": "", "text": "Trump is the most compromised and easily-manipulated [incompetent] puppet the neoliberal Deep State could ask for. Turning every aspect of our lives into a for-profit scam on behalf of our beloved corporate cartels has been the wet dream of both Ayn Rand-loving Republican and Corporate Democrat neoliberals since the 1970's. Too bad for them, Trump is too dumb to see their vision through."}
{"_id": "369134", "title": "", "text": "Emergency funds are defined in terms of months of tightened-belt living -- that's according to the usual gurus such as Suze Orman, Dave Ramsey etc.   They aren't for short-term emergencies like a blown transmission.  Use other money for those.  Why?  People with bad financial habits have short-term emergencies all the time, and that emergency fund doesn't have a chance of lasting.  This is just their financial habits manifesting.  Here's what an emergency fund is for.    Scenario: big economic bubble bursts.  Stock market drops 50%.  Credit dries up.  This happened in 2007 by the way.  The dominoes start falling boom, boom, boom: I'm exaggerating a bit here, but a lot of people lived at least half this stuff in 2007-11.  Nothing starts those dominoes falling like lack of cash at a key moment.  That's what an emergency fund is all about - keeping things tight-normal for long enough to get back on your feet.  If you want to keep your emergency fund in something risky -- keep a lot more of it!"}
{"_id": "369146", "title": "", "text": "\"The atavism that you suggest is ludicrous on its face for, among other reasons, it only applied to cuisine:  \"\"Athenaeus, writing in the third century CE, mentions that in 500 BC, in the Greek city of Sybaris (located in what is now southern Italy), there were annual culinary competitions. The victor was given the exclusive right to prepare his dish for one year.\"\"  *See* M. Frumkin, \"\"The Origin of Patents\"\", Journal of the Patent Office Society, March 1945, Vol. XXVII, No. 3, pp 143 et seq.\""}
{"_id": "369147", "title": "", "text": "Well, you can't really have it both ways. You said that they were both using the same method, but, in fact, they aren't. You can call the weighting biased, but in fact if appears that BPP is doing little or minimal weighting, and yet still is showing that prices, in general, are mapping similarly to the BLS published CPI.   Unless you're arguing an MIT 'academic conspiracy' (and even if you are), I think you've failed to make your case.  BPP is independant, it uses a different methodology, and yet the results confirm those of the BLS."}
{"_id": "369151", "title": "", "text": "LG Airconditioner Service Center Hyderabad.We are Providing quality services and troubleshooting the issues related to air conditioner demands high level of focus and attention as everything is linked to a system or process. Our expertise in taking up tough challenges and our focus towards, our customer delight have lead us to start Digital electronic services in Hyderabad around a decade ago.Our Technicians are very Expereinced and well trained,they give good service to you. if you have any problem with your LG air conditioner you can Call Us:040-60506610,60506611,60506622."}
{"_id": "369161", "title": "", "text": "Many opportunities for growth exist outside of China in Asia. Yet most companies tend to focus only on China. What about the other fast growing markets? Here is a discussion based on the recent Propak Asia 2017 trade fair in Bangkok."}
{"_id": "369166", "title": "", "text": "\"A \"\"stock price\"\" is nothing but the price at which some shares of that stock were sold on an exchange from someone willing to sell those shares at that price (or more) to someone willing to buy them at that price (or less). Pretty much every question about how stock prices work is answered by the paragraph above, which an astonishingly large number of people don't seem to be aware of. So there is no explicit \"\"tracking\"\" mechanism at all. Just people buying and selling, and if the current going price on two exchanges differ, then that is an opportunity for someone to make money by buying on one exchange and selling on the other - until the prices are close enough that the fees and overhead make that activity unprofitable. This is called \"\"arbitrage\"\" and a common activity of investment banks or (more recently) hedge funds and specialized trading firms spun off by said banks due to regulation.\""}
{"_id": "369175", "title": "", "text": "\"&gt;Yes, I have. The public picks up generally, about 75% of the total cost of a major sports complex and in the past 20 years, U.S. cities have spent upwards of $20bn on major venues alone.  Shades of *[panem et circenses](http://en.wikipedia.org/wiki/Bread_and_circuses)*.  But it is hardly limited to sports stadiums, this kind of obfuscatory \"\"taxpayer on the ultimate hook\"\" financing (aka privatized profits, socialized losses) is being used for a whole host of enterprises (where the enterprise owners are politically-connected, and/or can \"\"corrupt\"\" officials with what is, in essence, bribery -- even if not technically straight-forward \"\"bribes\"\" that can be prosecuted as such).\""}
{"_id": "369180", "title": "", "text": "\"I do not and did not support the USA actiona in Afghanistan, Syria, Lybia and Iraq.   When it comes to Iraq, I only refer to the 2001 events. I do support the USA actions in the gulf war versus Iraq in the 1990. Totally justified and a good necessary work in the 1990s!  I will add: the USA, and only the USA, is 100% responsible for the mess we have now in Syria, Lybia and Iraq. Instead of \"\"supporting\"\" the tyrants in those countries, countries that do not understand democracy and are not ready for democracy, the USA actively worked to topple their reasonable tyrant leaders in a failed attempt to do \"\"Arab Spring\"\" and \"\"Nation Building\"\".  Same thing with Iran! Instead of supporting the Shah of Iran, a great and admireable person, Carter created the mess we have with Iran today.  **We are so lucky that Egypt managed to kick out the \"\"democratically elected\"\" crazy religious guy (Morsi) and replace it with a good tyrant (A-Sisi).**   **As for \"\"Palestine\"\": I have no doubt that you are totally clueless about the this!** Just like your misguided support for N.Korea.  Let's start with N.Korea: I think that USA should stay out of it and only explain that, if EVER(!), Japan or Korea get attacked by N.Korea, then N.Korea will be wiped out from the face of the earth. The USA should let the neighboring countries of China, Russia and India (check the map) handle N.Korea. And those countries know how to handle any agression from N.Korea very very well. We should stay out of this business.  **Bill Clinton is 100% responsible for why N.Korea have nuclear weapons with that stupid \"\"nuclear agreement\"\" he did with them and even giving them nuclear reactors. Obama WILL BE 100% responsible for Iran having nuclear weapons soon!**  **Back to \"\"Palestine\"\", a short real true and verifiable historical summary:** There was never ever a country or nation of \"\"Palestine\"\". The only reason we hear about \"\"Palestine\"\" and \"\"Palestinians\"\" today is because in 1967 Israel liberated the local Arabs from a 1948 occupation(!!!!!) by Egypt and Jordan of land given to them by the UN, for which Israel agreed to. If the 1967 events never happened, you would not hear today about \"\"Palestine\"\" and \"\"Palestinians\"\". True or false?  So, Israel never wanted to be a \"\"Greater Israel\"\" to rule over millions of additional Arabs as part of its democracy or \"\"occupation\"\" - more Arabs than Jews!!!! Israel is not that dumb. True or false?  The blockade is actually by Egypt and Israel. Check the map! Egypt has a lllllooooonnngggg border with Gaza. True or false?  The local Arabs can have a \"\"Palestine\"\" for themselves already in 1948 (if they agreed to the UN partition plan) or 1967 after they were liberated by Israel. **Israel has only one condition, in 1948 and in 1967, for a \"\"Palestine\"\": that \"\"Palestine\"\" needs to be a nice neighbor to Israel.** They don't want to be nice, so no \"\"Palestine\"\" until they grow up. True or false?\""}
{"_id": "369182", "title": "", "text": "I would actually think it would be the opposite for number of friends. Maybe it's just the people I know, but I don't know anyone who friends people on Yelp and uses it socially. Robot accounts would friend tons of people to get more word out."}
{"_id": "369202", "title": "", "text": "I don't believe there is any particular structural or financial reason that outgoing wire transfers cost so much in Canada, their costs are no higher than other countries (and lower than many).  Wires seem to be an area where the Canadian banks have decided people don't comparison shop, so it's not a competitive advantage to offer a better price. The rates you quoted are on the low side: $80 for a largish international wire is not unusual, and HSBC charges up to $150! There are several alternative ways to transfer money domestically in Canada. If the recipient banks at the same bank, it's possible to go into a branch and transfer money directly from your own account to their account (I've never been charged for this).  The transfer is immediate.  But it couldn't be done online, last time I checked. For transfers where you don't know the recipients bank account, you can pay online with Interac E-Transfers, offered by most Canadian banks.  It's basically e-mailing money.  It usually costs $1 to $1.50 per transfer, and has limits on how much you can send per day/week. Each of the banks also have a bill-pay service, but unlike similar services in the US (where they mail a paper check if the recipient isn't on their system), each Canadian bank has a limited number of possible payees (mostly utilities, governments, major stores)."}
{"_id": "369209", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theladders.com/p/25316/future-of-work-elite-super-workers) reduced by 71%. (I'm a bot) ***** &gt; In the future, we will be competing against medically-enhanced workers who can work longer and harder than us.  &gt; The report, which drew upon a team of science researchers and a survey of more than 10,000 workers based in China, Germany, India, the U.K., and the U.S., predicts that rapid advances in technology, resource scarcity, and population demographics are among the key forces that would radically shape the future of work by 2030.  &gt; In the future world where corporations reign, PwC states that &amp;quot;Human effort is maximised through sophisticated use of physical and medical enhancement techniques and equipment, and workers&amp;#039; performance and wellbeing are measured, monitored and analysed at every step. A new breed of elite super-workers emerges.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6stsfu/the_future_of_work_is_medically_enhanced_elite/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~187804 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **future**^#2 **where**^#3 **survey**^#4 **report**^#5\""}
{"_id": "369239", "title": "", "text": "In my experience, the only penalty to breaking a CD is to lose a certain amount of accumulated interest. Your principal investment will be fine.  Close the CD. A few days of interest is nothing."}
{"_id": "369240", "title": "", "text": "For a small starting plumbing company 1500 is more than enough.  He isnt after anything extremely flashy and doesnt need any extra features really.  Pictures, services, small blog.  Just needs to be clean and easy to follow.  Start small and expand on it later depending on how the company does is usually the best bet."}
{"_id": "369251", "title": "", "text": "When investing small amounts, you should consider the substantial toll that commissions will take on your investment. In your case, $800 placed in just one ETF will incur commissions of about $8 each way, or a total of 2% of your investment. I suggest you wait until you have at least $5000 to invest in stocks or ETFs. Since this is in a IRA, your options are limited, but perhaps you may qualify for a Vanguard mutual fund, which will not charge commissions and will have annual expenses only a trivial amount higher than the corresponding ETF. it should probably go in a mixed allocation fund, and since you are young, it should be a relatively aggressive one. Mutual funds will also allow you to contribute small amounts over time without incurring any extra fees."}
{"_id": "369255", "title": "", "text": "Get them into coding and they will never need a degree. I'm 20 years old in college and I strongly believe that is where it is all going. I wish I started earlier. Start them on something like programming or of the equivalent. Teach them simple finances and you won't have to deal with college."}
{"_id": "369266", "title": "", "text": "A stock, bond or ETF is basically a commodity. Where you bought it does not really matter, and it has a value in USD only inasmuch as there is a current market price quoted at an American exchange. But nothing prevents you from turning around and selling it on a European exchange where it is also listed for an equivalent amount of EUR (arbitrage activities of investment banks ensure that the price will be equivalent in regard to the current exchange rate). In fact, this can be used as a cheap form of currency conversion. For blue chips at least this is trivial; exotic securities might not be listed in Europe. All you need is a broker who allows you to trade on European exchanges and hold an account denominated in EUR. If necessary, transfer your securities to a broker who does, which should not cost more than a nominal fee. Mutual funds are a different beast though; it might be possible to sell shares on an exchange anyway, or sell them back to the issuer for EUR. It depends. In any case, however, transferring 7 figure sums internationally can trigger all kinds of tax events and money laundering investigations. You really need to hire a financial advisor who has international investment experience for this kind of thing, not ask a web forum!"}
{"_id": "369288", "title": "", "text": "There's a difference here.  When amazon refunds an order, they pass as much as they can back onto the seller.  They aren't really taking much, if any, of a hit and are expected to make up for any negatives in future usage.   Now compare the cost of a $200 single item to billing them for every valuable item in your house when you're robbed during the middle of the day.  The crooks already know you aren't home; that's the point of the key.  if you are home, they just apologize and leave and come back later."}
{"_id": "369290", "title": "", "text": "mmmm smells like capitalism in the morning.   Edit: Also, legally Walmart can't fire these employees. They walked out under complaints about unfair working conditions, which is protected. Of course this would have to be argued in court potentially..."}
{"_id": "369328", "title": "", "text": "It sounds like the items shipped directly from the vendor need to be recorded into your system when the order is confirmed, that way cost of goods sold and revenue don't get lost. You'll have a record of re-orders and cancels and other such things too."}
{"_id": "369342", "title": "", "text": "Sorry to be boring but you have the luxury of time and do not need high-risk investments. Just put the surplus cash into a diversified blue-chip fund, sit back, and enjoy it supporting you in 50 years time. Your post makes me think you're implicitly assuming that since you have a very high risk tolerance you ought to be able to earn spectacular returns. Unfortunately the risks involved are extremely difficult to quantify and there's no guarantee they're fairly discounted. Most people would intuitively realise betting on 100-1 horses is a losing proposition but not realise just how bad it is. In reality far fewer than one in a thousand 100-1 shots actually win."}
{"_id": "369346", "title": "", "text": "That's a little odd that large internet companies want to unite together to protect net neutrality because NN will prevent companies from offering higher speeds for less data. It's almost as if these large companies don't want startups that can compete with them to occur \ud83e\udd14\ud83e\udd14"}
{"_id": "369351", "title": "", "text": "Whoever has the data very likely has both, but why post both? A list of passwords is only valuable if you have the account info to go with each password, and nobody would be stupid enough to just give that away."}
{"_id": "369355", "title": "", "text": "It should be very obvious that getting X Euro cash in your hand is better than deducting them from taxable income. You would need to have a tax rate of over 100% to do better otherwise."}
{"_id": "369359", "title": "", "text": "as in, the person you made the agreement with can no longer fulfill the contract's requirements. It's the same thing as if they went bankrupt, you would have to pursue legal channels to recover your dues.      Granted in an FX forward you would only have to deliver your part at expiration, so you could hold out if you *know* the counterparty is dead/bankrupt."}
{"_id": "369365", "title": "", "text": "A common response to poor labour conditions is: if you don't like your job, leave and get a better one.   However, in Idaho the state is trying to deregulate aspects of the labour market. It's making it easier for companies to enforce non compete agreements. Meaning you literally cannot leave for a competitor if you don't like your employer.   That's a natural consequence of deregulating labour markets: it lets the companies with enormous budgets push around workers, who are at the same time having their ability to organise into unions and bargain collectively undermined by companies who use said economic power to lobby against regulations that protect workers.   So, free market away but don't convince yourself that a lack of regulation will somehow magically lead to a utopian allocation of resources where everyone gets what they need.   In a totally unregulated market, the wealth only trickles one way and it's not down."}
{"_id": "369373", "title": "", "text": "\"Siem Reap is easily one of my favorite cities. Most people visiting are coming from either Thailand or Vietnam, where they need to be skeptical of which Tuk Tuk they take. Nobody wants to stop at jewelry shops or a tailor, and many try avoid Tuk Tuks completely if given the option. My advice is to advertise \"\"no stops\"\" and start conversation other than saying \"\"tuk tuk where you go?\"\". While I didn't see too much of this in Cambodia, you should keep in mind the perception people have of Tuk Tuks coming into Cambodia. People will appreciate the honesty. Good luck!\""}
{"_id": "369389", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nature.com/news/how-poverty-affects-the-brain-1.22280) reduced by 97%. (I'm a bot) ***** &gt; Many studies of brain development relied on tests of memory, speech and other cognitive functions that are ill-suited to very young children.  &gt; Similar to the Romanian orphans and the children growing up in poverty in developed countries, these children have had smaller volumes of grey matter than a group of 20 non-stunted babies.  &gt; Some 130 children in the Dhaka study had fNIRS tests at 36 months old, and the researchers saw distinct patterns of brain activity in those with stunting and other adversity.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nu6eh/an_unprecedented_study_in_bangladesh_could_reveal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~168890 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **children**^#1 **brain**^#2 **study**^#3 **stunted**^#4 **research**^#5\""}
{"_id": "369419", "title": "", "text": "\"I would say similar rules apply in the US.  If you have a net loss from rental property, you certainly can claim that loss against your personal income. There are various rules around this though that make it a bit less clear cut.  If you are a \"\"real estate professional\"\", which basicly means you spend at least 750 hours per year working on your rental properties (or related activities), then all losses are deductible against any other ordinary income you have. If you aren't a \"\"real estate professional\"\", then your rental income is considered a \"\"passive activity\"\" and losses you can count against regular income are limited to $25,000 per year (with a carry-forward provision) and begin to phase out entirely if your income is between $100,000 and $150,000. So, the law here is structured to allow most small-time investors to take rental real estate losses against their ordinary income, but the income phase-out provision is designed to prevent the wealthy from using rental property losses to avoid taxation.\""}
{"_id": "369424", "title": "", "text": "\"The official source is the most recent Form 13F that Berkshire Hathaway, which is  filed with the Securities & Exchange Commission on a quarterly basis .  You can find it through the SEC filing search engine, using BRKA as the ticker symbol. and then looking for the filings marked 13-FR or 13-FR/A (the \"\"/A\"\" indicates an amended filing).   As you can see by looking at the 13-F filed for the quarter ending September 30  , the document isn't pretty or necessarily easy to read, hence the popularity of sites such as those that Chad linked to. It is, though, the truly official source from which websites tracking the Berkshire Hathaway portfolio derive their information.\""}
{"_id": "369435", "title": "", "text": "\"While you were talking about the creation of fiat currency (during the meeting with the farmers and the merchant and the priest), I was wondering how exactly that solved the issue of some farmers having questionable apple futures.  Like, previously we established that since a certain farmer has a questionable crop future, he has to issue a certificate for extra crop in order for someone to accept it. Well, when all the farmers agree to receive notes \"\"just like everyone else\"\" in return for the crops they contribute to the pool, what happens to the farmers with questionable futures? Do they have receive less notes? Or were the notes issues based upon the apples they have pooled already by using the previous harvest?\""}
{"_id": "369437", "title": "", "text": "SeekingAlpha has an article about short squeezes that states: The higher the number of days to cover means the possibility for a short squeeze is greater, and the potential size of the short squeeze is also greater Logically, this makes sense. A short squeeze occurs when a lack of supply meets excess demand for a stock, so the potential for a squeeze increases when supply and demand begin to get out of equilibrium. Think of two things that would cause the days to cover to increase and what effect they would have on supply and demand.  The current short interest (numerator) increases. This implies that if some event triggers short sellers to cover their position, there are a higher number of short sellers who will need to do so. This heightens the chances that demand will exceed supply.  The average daily volume (denominator) decreases. This implies that fewer investors are trading the stock, so if an event triggers short sellers to cover their positions, there might not be enough traders in the market willing to sell their shares. (Obviously, if a short-squeeze occurs, volume may increase because traders who were unwilling to sell their shares become willing)."}
{"_id": "369439", "title": "", "text": "If your returns match the market, that means their rate of return is the same as the market in question. If your returns beat the market, that means their rate of return is higher. There's no one 'market', mind you. I invest in mutual funds that track the S&P500 (which is, very roughly, the U.S. stock market), that track the Canadian stock market, that track the international stock market, and which track the Canadian bond market. In general, you should be deeply dubious of any advertised investment option that promises to beat the market. It's certainly possible to do so. If you buy a single stock, for example, that stock may go up by 40% over the course of a year while the market may go up by 5%. However, you are likely taking on substantially more risk. So there's a very good chance (likely, a greater chance) that the investment would go down, losing you money."}
{"_id": "369445", "title": "", "text": "After talking to two CPAs it seems like managing it using an imprest system is the best idea. The base characteristic of an imprest system is that a fixed amount is reserved and later replenished as it runs low.  This replenishment will come from another account source, e.g., petty cash will be replenished by cashing a cheque drawn on a bank account. Petty cash imprest system allows only the replenishment of the spend made. So, if you start the month with \u20ac100 in your petty cash float and spend \u20ac90 of that cash in the month, an amount of \u20ac90 will be then placed in your petty cash float to bring the balance of your petty cash float back to \u20ac100. The replenishment is credited to the primary cash account, usually a bank account (Dr - Petty Cash a/c, Cr - Bank a/c) and the debits will go to the respective expense accounts, based on the petty cash receipt dockets (Dr- Expense a/c, Cr - Petty Cash a/c). In a non imprest system where a fixed amount is issued every month, e.g., \u20ac100 every time cash is required, there is no incentive to ensure all money issued has been documented because when money is all spent a check for a fixed amount is issued. It is much more difficult to reconcile a non imprest system as you never know how much exactly should be in the float. In an imprest system the amount requested is documented, the documentation being the petty cash dockets and their associated receipts or invoices. So at all times you can check how much should be left in the petty cash float by deducting the amount spent from the opening petty cash float."}
{"_id": "369458", "title": "", "text": "\"Watching all the news about the Euro, I \"\"feel\"\" that maybe the British made the right choice about staying away. I would feel annoyed if I was in one of the other countries (e.g. Ireland) and the deal had been rammed through and imposed on me.  The interesting thing for me - In Ireland's case they need to have a refurendum. I wonder if they will accept this?  I am not an expert on european fiscal union or anything, but this new treaty has been a surprise to me - almost bolting the door after the horse has bolted\""}
{"_id": "369463", "title": "", "text": "You would simply plan for misc. expenses in your budget, and allocate a small amount to this every time you do your budget, eventually building up a pool of money that you can then use whenever you have to make a purchase such as that."}
{"_id": "369470", "title": "", "text": "I recently finished reading a book that you may be interested in based on your question, The Ultimate Suburban Survivalist Guide. The author begins with a discussion of why he thinks the US economy and currency could collapse. It gets a little scary. Then he goes into great detail on commodities, specifically gold. The rest of the book is about what you can be doing to prepare yourself and your family to be more self sufficient. To answer your question, I do anticipate problems with US currency in the future and plan to put some money in gold if the price dips."}
{"_id": "369496", "title": "", "text": "Most people buy insurance because it is legally required to own a car or to have a mortgage. People want to own homes and to have personal transportation enough that they are willing to pay for required insurance costs. There are a lot of great explanations here as to why insurance is important and I don't want to detract from those at all. However, if we're being honest, most people are not sophisticated enough to measure and hedge their various financial risks. They just want to own an home and to drive a car."}
{"_id": "369502", "title": "", "text": "You can anything you want with your 401K. It is not a good idea to borrow against yourself unless there are some critical situations you are facing."}
{"_id": "369506", "title": "", "text": "\"&gt; your only recourse in this debate is to cast doubt on my expert knowledge of my marketplace.  That's not \"\"my only recourse.\"\" That exactly what I do and what everyone should do: be skeptical of people making claims while refusing to cite sources, especially when people with opposing claims have cited sources for those. I really don't care where you live, I would just love to know one example of a locality that has the laws you are claiming exist.\""}
{"_id": "369551", "title": "", "text": "The closest I can think of from the back of my head is http://finviz.com/map.ashx, which display a nice map and allows for different intervals. It has different scopes (S&P500, ETFs, World), but does not allow for specific date ranges, though."}
{"_id": "369563", "title": "", "text": "If you want to speculate on gold price you should always buy an ETF/ETC (Exchange Traded Commodity). The reasons are simple: Easy to buy and sell (one mouse click) Cheap to buy and sell (small bank commission), compared to buy real gold (always 6 to 12% comission to the local shop when you buy and when you sell), see this one it's one cheap gold buy/sell shop I found on the internet But if you sometimes feel unsecure that you might one day loose everything due to a major economy collapse event (like an armageddon), or not to have enough money in bad periods or during retirment, and it makes you feel better to know you buried 999 Gold Sovereign in your house backyard (along with a rifle as suggested in comments), then just buy them and live an happy life (as long as you hide your gold in good ways and write a good treasury map)."}
{"_id": "369577", "title": "", "text": "If this is something you plan to continue doing it would make sense to create it as it's own business entity and then to get non-profit status eg: 501c3.   Otherwise I'm pretty sure you have to think of it as YOU receiving the money as a sole proprietor - and file a couple more tax forms at the end of the year. I think it's a Schedule C.  So essentially if you bring in $10,000, then you spend that $10,000 as legit business expenses for your venture your schedule C would show no profit and wouldn't pay taxes on it. BUT, you do have to file that form. Operating this way could have legal implications should something happen and you get sued. Having the proper business entity setup could help in that situation."}
{"_id": "369584", "title": "", "text": "Burger King deserves to go out of business for their new disgusting chicken nuggets. They taste like rat fried in drywall.    edit: I don't give a shit about downvotes, but c'mon there can't be one of you out there that actually enjoys those awful new nuggets?"}
{"_id": "369609", "title": "", "text": "Hate that place. Took my daughter there for lunch on a Saturday, the place was fairly empty yet they had every TV on and the volumes cranked to the max like the entire room was full of football fans. I get it, the place is for sports fan, but come on."}
{"_id": "369612", "title": "", "text": "The existing account that her employer set up is probably not a Spousal RRSP, so for you to contribute your money to her RRSP you'd have to create a new account somewhere - could be with the same financial institution or somewhere else. But if you've got a joint bank account, the distinction between your money and her money becomes blurred. You're basically allowed to say the $10000 is her money as long as you can trace the funds back to amounts that she added (her paycheques). So in that case you could just use her existing RRSP if you want to. There may be other reasons to consider an alternate account, such as having more flexibility or lower costs for investing your contributions. Often the plans that employers offer have only a small selection of mutual funds with medium to high MER costs. Since you're planning to withdraw for the HBP soon, this probably doesn't matter that much yet, but as you start re-contributing to replace what you took out, that money will probably not get touched until retirement and therefore you would want to invest it more efficiently. For that, I recommend you take a look at the model portfolios at Canadian Couch Potato, as Tangerine, TD e-Series, or buying ETFs through a discount broker are usually the lowest cost methods of growing your retirement portfolio."}
{"_id": "369672", "title": "", "text": "\"&gt; My one(!) \"\"maybe\"\" is with confidence...  &gt; Your many \"\"maybe\"\"(s) are about why Trump is not going to reduce drug prices, despite him saying he would...  Oh, I see!  When you say something is \"\"maybe\"\" it is factual but when I say something is \"\"maybe\"\" it's fiction.  I had assumed something else.  &gt; Your \"\"maybe\"\"(s) together with your \"\"possibilities\"\" are to desperately convince yourself (and me) about baseless things you want to believe in.  I did give you a \"\"possibility\"\" which is a \"\"maybe\"\" so that means I am wrong and global warming is no risk at all.  Yes, what you say is starting to make sense.  &gt; I said \"\"you won't believe anything he said\"\" and you reply \"\"No\"\" and immediately adding \"\"it only means I won't accept what he says as true.\"\"  I understand now.  If I don't accept something as true then that too would be a \"\"maybe\"\" in my mind which means it is, once again, fiction.  You are right, I had set myself up to believe anything he said was a lie.  &gt; I said again and again that I supported Trump over his stance(s on)...  I did not realize that your support of President Trump totally cancels my criticism of him in an unrelated area.  My bad.  &gt; ...despite (Democrats) being so corrupt, cheaters, killers, scandals, no integrity, no plans, etc.  Things are becoming much clearer!  For example, this isn't another example of you defending President Trump by attacking Democrats.  Obviously this is you giving President Trump *alternative* support.  &gt; How could a person like you, who seek truth, vote for democrats?  It can only be because I have serious mental health problems.  There is no other explanation.  &gt; The bottom line: I and Trump were against the war in Iraq BEFORE(!) it started.  Oh of course, it would have been a lie except he changed his mind and forgot to tell anyone.  I have been so unfair to him!  &gt; ...you are trying to convince me that Russia new he would win and colluded with him between July until the elections November to make him win?  That is totally it!  I am so impressed that even though I never mentioned Russia at all you were able to see through my facade an pinpoint my actual goal in this discussion.   /u/raananh, my positions wither when confronted by your incredible insight and bulletproof arguments.  President Trump is so lucky to have a supporter like yourself.  Thank you so much for taking the time to set me straight.\""}
{"_id": "369675", "title": "", "text": "\"A \"\"covenant\"\" is a solemn promise to engage in or refrain from a specified action. Every company must do a balancing act while declaring the dividends in terms of companies interest (can it use the surplus cash to generate more revenue) to shareholders' interests, giving back to them the profits that due. Many countries have regulations governing as to when and how much the dividends may be given. It also lays out the policy about declaring dividends to protect everyones' interest. For example if the company has a huge suit pending against it, the company is not supposed to distribute the surplus cash as dividends and when the suit goes against it, its left when no money to pay ... or other such examples where the interests of one or the other party is compromised. The company law board ensures that all this is adhered to in a fair manner. So essentially \"\"these covenants include provisions about passing dividends\"\", means that due diligence has be exercised by the company in order to arrive at the dividends that are to be paid out.\""}
{"_id": "369677", "title": "", "text": "If a 08 crash and bailout happens again anytime soon I don't know if the banks will get to keep control this time around.  Their power is directly related to the amount of capital they have and there are enough in Congress that see them as not being loyal enough to front the political capital required to refill the coffers if it is needed.   I see the next bailout being the fed making a nationalization attempt."}
{"_id": "369730", "title": "", "text": "\"As the others said, you're doing everything right. So, at this it's not a matter of what you should do, it's a matter of what do you want to do? What would make you the happiest?  So, what would you like to do most with that extra money? The point is, since you're already doing everything right with the rest of your money, there's really nothing you can do that's wrong with this money. Except using it on something that increases your monthly expenses, like a down payment on a car.  In fact, there's no reason you have to do anything \"\"sensible\"\" with this money at all. You could blow it at nightclubs if you wanted to, and that would be perfectly ok. In fact, since you've got everything else covered, why not \"\"invest\"\" it in making some memories? How about vacations to exotic and rugged places, while you're still young enough to enjoy them?\""}
{"_id": "369737", "title": "", "text": "In Louisiana there's no law against selling any type of alcohol from a drive through. Other states like Texas, has a law limiting the sell of hard drinks from drive-thrus. This limits their customer base to on site sales and drinking. Because hundreds more customers can be served a night, there are a LOT more Daquri places in La."}
{"_id": "369742", "title": "", "text": "I think your numbers are a little skewed towards urban areas.  Also, I don't think he was praising it, but rather saying that it's possible.  In many rural areas it's possible for a family to live off ~30k a year.  This amount is very possible in a two earner family where both are making minimum wage.  It's not glamorous or particularly great, but possible.    For example, there's many places where I live (rural Iowa) where rent is 200 a month or less.  You can find used cars for 500, and most people around here are handy enough to make a 500 dollar car run from point A to B.  Groceries are cheap here, and what's more many people buy food directly off the farm, which is even cheaper.  Utilities run about 80-100 a month, less if you have a well and septic.    Again, it's not a pretty lifestyle, and doesn't leave room for any rainy days, but at the same time how is an employee's lifestyle outside of work Wal-Mart's concern as long as they show up and do their work?"}
{"_id": "369762", "title": "", "text": "\"There's no need for an index to have a currency as its purpose is not to act as an asset but rather to signal investors about the performance of a collection of stocks. An index can be price-weighted, meaning that its value equals the (arithmetic) average of the prices of each stock in the index. With no stock splits, the return on this index is the same as the return on a portfolio composed of one share of each stock. If there is a stock split, however instead of dividing by the number of stocks, as you normally would when taking the arithmetic average, you divide it by the number that will make the value of the index pre-stock-split (arithmetic average) equal to the value post stock split. Then use that dividing number for all periods until a new stock split occurs.  An index can be value-weighted, meaning that its changes in value track the percentage changes in total market capitalization of the stocks in the index. Price weighted indexes ignore for \"\"firm size\"\" and percentage changes in price weighted indexes are not robust to stock-splits. Value weighted indexes take \"\"firm size\"\" into account and are robust to stock-splits. DJIA is price-weighted. S&P 500 is value-weighted.\""}
{"_id": "369770", "title": "", "text": "\"I would imagine that it is unlikely that you will ever see this money again. Here are some things you can do. Contact your local police.  You have two complaints: the money being taken, and the continued harassing phone calls.  Hopefully they will tell you what can be done and have recommendations for you on what to do next. File a complaint with the New Jersey Department of Consumer Affairs.  I don't know if this will do you any good, or if you even have enough information to fill out the online forms, but if you are having trouble getting assistance from the police, this might be another option. To address the phone calls specifically, you may want to contact your telephone company.  There are things they can do to prevent further harassing phone calls from getting through.  See this article from the Privacy Rights Clearinghouse for more information. Teach your son to be suspicious online.  You can't just send cash to \"\"this guy\"\" that you don't know and expect to get a good result.  You may want to limit your son's access to cash if you think he hasn't learned a lesson here yet.\""}
{"_id": "369773", "title": "", "text": "Resident Alien is liable for the same taxes as a citizen. Citizenship has nothing to do with taxes."}
{"_id": "369816", "title": "", "text": "i cannot directly tell from the provided information if it is already included in Net A/R but if there is a balance sheet you can check yourself if the Total Cash Flow matches the difference between cash position year 0&amp;1 and see if it is net or still to be included."}
{"_id": "369837", "title": "", "text": "Welcome to Home Estimator! We offer home building and construction cost estimator in Australia. We ensure that your cost estimate should be comprehensive and reliable by considering the cost of building. Get Advantages of using an estimating service! Request for quote today!"}
{"_id": "369838", "title": "", "text": "What she did with the opportunity given to her at Google was pretty amazing. You are completely underestimating what is required to grow an organization from what she started with to what she left with.  I mean hell, Oracle's CFO John Kemp got his job because he happened to deliver pizza to the company. Safra Catz, Oracle's current co-CEO was a waitress prior to joining Oracle. Right place right time. Great. Look at what they did with that opportunity.  &gt; If I had the reigns of Yahoo, I would have focused on what people still go to Yahoo for - their financials. I would have built that into a major destination for investors and parlayed that into a key news hub.  Financial news doesn't keep the lights on for a company the size of Yahoo. The market is too small for what they needed, and expanding in to actual financial products was way outside their core business.  Have you ever run a P&amp;L? There's a lot more to it than simply doubling down on some success that you've got today and running it in to the ground.  &gt; Instead she fucked around with blogs, acquisitions (Fiorina style), and stupid micromanaged policies.   Acquisitions are a tried and true way of growing large businesses in the Bay Area that tons of companies, including Google, have done successfully. Marissa overpaid for companies that she never had a real strategy to integrate in to the company. Instead she decided to acquihire a bunch of companies and paid massive amounts for talent without a real strategy.  On it's face, the blogging angle isn't a horrible strategy. She had to pivot away from search in to something else. Unfortunately she did nothing to innovate on the tumblr acquisition, and wasted a shitload of consumer value.   Her leadership at Yahoo was abysmal, I'm not going to argue with you there. All I'm saying is what she did at Google was not easy and on paper, she would have been the perfect hire for the Yahoo CEO. She just fucked up everything once she got there."}
{"_id": "369863", "title": "", "text": "&gt;I don't think we'll actually pay for shows, we're way too cheap to do that  People pay for cable and itunes.  People go to the movies and spend quite a bit.  They (mostly) complain when they feel they don't get value for what they pay for.  On Reddit many people have written about how the are (more or less) forced to torrent Game of Thrones, but will be happy to buy the Blurays when available.  Not every show is GOT, but that is what people will look and pay for happily.  Advertisers will pay (a lot) for shows that attract the 'right' types of viewers.  News programs attract older viewers, so drug companies see those shows as opportunities.  The Super Bowl attracts everyone, but mostly 18 to 49 year old males, so beer and car companies find it attractive.  I can't see the Super Bowl ever being a pay-on-demand event, but it could be.  If people want no commercials, or extra commentary, better graphics, higher definition, and the list goes on.  People schedule parties and events around the Super Bowl, so of course they will pay for its content.    &gt;We have total information overload  I can't agree there.  50 years ago one could turn on the radio, TV, see a movie, or go to the library, and be fully occupied.  Adding the internet doesn't really 'create' overload.  I have friends who choose not to own a cellphone and/or a TV.  They find the expense/wasted time is not a priority in their lives.  I have a TV, but I only turn it on once or twice a week (a shame really, it's a beautiful 42 incher).  I think your point is advertisers are finding advertising to a large captive group is increasingly hard.  I'll agree with that.    The average 18 year old has already seen a million ads, so in modern urban life it's no wonder that most people tune out most advertising.  Advertisers now have good ways of targeting their dollars, I don't see broadcast TV as an efficient use of those dollars."}
{"_id": "369879", "title": "", "text": "The 1099 income is subject to the same total limit on IRA deposits. If you are looking to shelter more than $5500, you might consider a Solo 401(k). It offers higher limits and other potential advantages."}
{"_id": "369884", "title": "", "text": "They aren't too big to fail. They are in the process of failing right now and have been for the past 2 years. If something doesn't change they are going to be bankrupt very soon.  I don't know much about Instagram as I've never used it but I imagine they aren't making money either if all they're doing is hosting images for free. However they probably have some kind of premium plans with more storage options that keeps them afloat. A media storing service can sell that, micro-blogging is worthless tho."}
{"_id": "369886", "title": "", "text": "\"I'll go ahead and reply for fun, I'm not trying to get into a heated debate on the internet lol. Having said that, there is a big difference between Herbalife and Amway. I saw a documentary on Netflix called betting on zero, I think you might enjoy that documentary.  The thing is that Amway is the largest debt free organization in the world pulling in over a billion dollars a month and paying back to their IBOs $5 billion in 2016. Again, debt free. There is a book by robert kiyosaki called the business of the 21st century and he talks about MLM as the best way to take people from being employees to being entrepreneurs. In the real world you have to go millions of dollars to start any traditional franchise like McDonald's for instance. Or buy real estate you need a \"\"small loan of a million dollars\"\" like trumps father haha.  My overhead for my business is $120 a month roughly. This is something I can afford without going into debt to start a business. The people I am being mentored by are absolutely the best in North America (Seattle) and they have been debt free millionaires since the 80s. If the people trying to con you into joining their smoothie club don't have that level of success I would follow the advice everyone on reddit loves to give \"\"run away\"\". You want to follow people who have the results you want in life.\""}
{"_id": "369910", "title": "", "text": "Funny all the landlord forums are all giddy about raising rents to eat up that extra income, but Im sure you know better being all what is it you do again arm chair economist?  https://www.forbes.com/sites/modeledbehavior/2015/08/23/the-minimum-wage-in-cities/#11e65f016153  http://www.latimes.com/opinion/opinion-la/la-ol-minimum-wage-housing-20150327-story.html  http://www.phillyvoice.com/does-raising-minimum-wage-raise-rents/  https://www.ezlandlordforms.com/articles/news/556/how-does-raising-the-minimum-wage-affect-rents/"}
{"_id": "369937", "title": "", "text": "I think we should all just boycott our student debt. We were sold useless degrees with promises of jobs that don't exist, for triple the inflation rate. Cut us a better deal or fuck off, and take back your barely used $500 textbooks while you're at it. Enough of this shit, white or black."}
{"_id": "369973", "title": "", "text": "To be fair, when I said that I mostly had in mind bridge police.  I think it's OK to pay SWAT more given the risk they have to take sometimes, and possibly much higher qualifications that could be expected of them."}
{"_id": "369974", "title": "", "text": "Utter poverty, to start with.  BIA and other Federal and Indian agencies provide all the basic needs on the reservation; UBI, if you will.  The result is complete dependence, incredible corruption, and social devastation.  Situations vary, but generally, reservations are the most poverty-ridden places in the country.  Among other things, it's UBI - just enough support for basic needs, and no more - that created the reservations.  So you tell me: Have the economies of the reservations grown?  Just as one example: 80% of all the money that flows into the Navajo reservation flows right back out because they have no economy.  UBI has done *nothing* for the Navajo economy, but it sure helps the surrounding States."}
{"_id": "369975", "title": "", "text": "\"just for shits, i'll give you the excerpts from Liar's Poker:  \"\"I was living in London in the winter of 1984, finishing a master's degree in economics at the London School of Economics, when I received an invitation to dine with the Queen Mother. It came through a distant cousin of mine who, years before, and somewhat improbably, had married a German baron...  What had been advertised as a close encounter with British royalty proved to be a fundraiser with seven or eight hundred insurance salesmen...Somewhere in the Great Hall, as luck would have it, were two managing directors from Salomon Brothers. I knew this only because, as luck would further have it, I was seated between their wives.  The wife of the more senior Salomon Brothers managing director, an American, took our table firmly in hand, once we'd finished craning our necks to snatch a glimpse of British royalty. When she learned that I was preparing to enter the job market and was considering investment banking, she turned the evening into an interview... Having examined what good had come from my twenty-four years on earth, the asked why I didn't come and work on the Salomon Brothers' trading floor.\"\"  It's a great book, I highly recommend it.\""}
{"_id": "369993", "title": "", "text": "That changes things. If they are provide the service for free why would anyone pay for the same services from you? What do you provide that they don't? What makes your tutoring better than theirs? Being 'professional' doesn't really help. There needs to be a reason that someone should pay you instead of the free tutoring."}
{"_id": "369995", "title": "", "text": "\"Only people I personally love are allowed to use cell phones in my presence. If someone else does it, I sometimes start up a loud conversation or soliloquy so the cell phone user can't hear their call. If they ask me to not talk so loud, I say \"\"You stop talking on your cell phone and I will shut up too.\"\"  All phone calls should be made only in private.\""}
{"_id": "369996", "title": "", "text": "\"You want to know if you should pay cash or use a credit card like cash? There are so many benefits to the card, like purchase protection, cash back, and postponed payments, that there needs to be a really good reason to pay cash.  If you are concerned about the 10% threshold, ask your credit card company to raise your limit.  If you are indifferent, let the merchant decide for you by asking for a discount if you pay cash.  The biggest reason is that credit cards, when handled shrewdly, make your money work for you by keeping it in less liquid / higher interest investments like inflation-adjusted T-bills. You will still be able to access it by using the credit card to float large expenses without liquidating at a loss. Investment Accounts like Schwab One are great for this since you can \"\"borrow\"\" cash at a low interest rate against your securities, until your security sale clears.\""}
{"_id": "369998", "title": "", "text": "It depends. If the investor bought newly-issued shares or treasury shares, the company gets the money. If the investor bought shares already held by the owner, the owner gets the money. A 100% owner can decide how to structure the sale. Yet, the investor may only be willing to buy shares if the funds increase the company's working capital."}
{"_id": "370014", "title": "", "text": "\"&gt;I think there\u2019s the argument that Amazon acquired Whole Foods for free,\"\" he told Reuters, noting that Amazon's market cap increased by almost the same amount it was paying for the acquisition. \"\"The reaction of shareholders suggests that Amazon has left themselves lots of room to pay more for this strategic asset.  Do you agree on this? Love to hear your thoughts.\""}
{"_id": "370021", "title": "", "text": "Hi, I am an engineer, I investigate many lightning related industrial claims including direct strikes, voltage surges or fluctuations, power outages, and arcing perforation of CSST gas tubing that results in fires.  Visit my site: https://lightningprotectiondesignblog.wordpress.com/2017/06/20/chemical-grounding-rod-is-the-best-protection-you-can-give-your-home/"}
{"_id": "370046", "title": "", "text": "\"You can (usually) take it to your bank, and with appropriate identification, endorse the check with the words, \"\"not used for the purpose intended.\"\" The one time I needed to not-use a money order, I was instructed to do so by the cashier/clerk at the bank.\""}
{"_id": "370066", "title": "", "text": "\"There are likely to be two approaches: An autodialer of any description would be more than capable of sending an SMS or initiating a direct telephone call with any set of telephone numbers.  Such autodialiers can run off a personal computer via VoIP or some such third-party.  As to getting the numbers, it can be either from a purchased list (if they're serious about this and are obeying any call opt-out lists) or simply a number range dialed sequentially, whether they work or not. In a more serious operation, any returns are fed directly to a call centre where real human beings then initiate direct contact.  Otherwise it is simply a fishing expedition and any valid numbers can then be sold to other agencies as a screened list (and, therefore, more valuable). From an SMS perspective, anyone can purchase a vendor-level SMS Gateway subscription (of which there are loads of vendors - and note the number that allow \"\"web-to-SMS\"\") which permits you to receive and respond to any SMS received. This is always about the \"\"law of large numbers\"\".  If they can get in the hundreds of thousands of valid numbers and a small number respond then they can make money.  Like any spam, because a few are gullible, the rest of us are targets too. Update: A few searches for \"\"software auto sms\"\" and similar results in a fair number of prospects.  As I don't wish this to become too much of a \"\"how-to\"\" I'm not going to link.\""}
{"_id": "370067", "title": "", "text": "Okay so I have just had a phone call with US Ambassy in CZ and they told me that ESTA is only for business trips without earning any money in US ...  So that I will need a US entity (some company/person) to sign some kind of petition for my models before they travel to US and vouch for them ...  Is that correct? Anybody knows how much that costs?  Also they gave me this website: https://www.uscis.gov/  And said it has to be all arranged in US, that they can't do anything on their CZ part."}
{"_id": "370077", "title": "", "text": "VacOil provides quality Vacuum fittings that can be easily touted as the industry\u2019s best. They offer great flexibility &amp; convenient designs for suitability.Vacuum fittings are available in a broad range and are conveniently shaped and designed. Thus for which, it can easily be assembled into vacuum envelopes. They are extremely reliable and are available in a large variety of shapes and sizes which serves different purposes."}
{"_id": "370085", "title": "", "text": "At Here To There Movers, our Fort Wayne movers have all been there for your move. Moving can appear like a harassing process. Nobody truly appreciates the heavy lifting and confusion that comes with a normal move day, which is the reason your friends and relatives suddenly conclude they have to walk or go for a hike when it moves around."}
{"_id": "370086", "title": "", "text": "FYI, I am assuming you are an individual investor.. The rates on the website may change, if the government decides so. Anyway it is a UK government website, so it would reflect the changes immediately."}
{"_id": "370091", "title": "", "text": "Oil adds to the costs because it takes man-hours to pump and refine that oil. Materials add to the costs because someone has to put the hours to mine them. Bad weather adds to the costs because someones job is now more difficult and it takes more hours. It forms a kind of net, and at the end of the day everything is just man hours (+ some percentage as profit/taxes).  Land is probably the only exception here as it's quite purely priced by supply and demand. And there are no labor involved in producing it. (actually it's kind of ridiculous that it's possible to own land, against just renting it from government)  \u201cBuy land, they're not making it anymore\u201d - Mark Twain"}
{"_id": "370108", "title": "", "text": "\"You're making the assumption that a person would be aware, in advance, that they'd have enough resources to pay the costs of anything that might happen. Second, you're assuming the cost of insurance would outweigh what the person would have to pay out of pocket if they didn't have insurance.  In other words as an example, if the insurance premiums on my car are so high that it would be cheaper for me to replace it myself in cash then it might make sense, but how likely is that to be the case?   There's a gambling adage that I think applies here - \"\"Always bet with the house's money\"\".  Why would I put my own money on the line in the event of some event rather than pay for an insurance policy that takes care of it for me?  That way, my costs are predictable and manageable - I pay the premiums and perhaps a deductible, and that's it.\""}
{"_id": "370121", "title": "", "text": "I'm going to make an educated guess on #1. Money markets invest in bonds with a very short time to maturity. An MMA at a bank will be invested in government bonds. Yields on these bonds are really low right now. Thus the yield on that MMA is going to be pretty low. When you make a deposit in a savings account, the bank uses some of that money to lend back out to its customers in the form of car loans, mortgages, etc. These rates are higher, so the bank is willing to pay you a bit more than the yield MMA so they can use your money for these loans. For #2, your time window is short, so there aren't really a lot of options for you. Keeping your money where it is will actually cost you money in fees. You can do as I suggested in my comment above: close the current savings account that's hitting you with fees and open a (free) high yield savings account. You might get 1.1%. If you average $60k in the account over the next 6 months you'll earn $200-250 after taxes. You didn't ask about CDs, but lately shorter term CDs are paying less than savings accounts. Going out to a year will get you just above the rate on a high yield savings account; two years just a little more. These are outside your goal window, so they aren't an option for you."}
{"_id": "370123", "title": "", "text": "In an interview for an internship, how to justify leaving a previous internship after just 6 months? I learned a lot there, but I didn't performed very well and was laid off. I'm quite shy and, even though my relationship with my previous boss was good, he though that it was making me underperform. I'm trying to improve a lot my social skills and my resume is good, so much so that I got an interview in a better place. But I just don't know how to properly answer that question without making me look like a sociophobic."}
{"_id": "370146", "title": "", "text": "\"I have a merchant account and accept Visa, Mastercard, and Discover but not AMEX. I don't take AMEX because they want me to go through another approval process (on top of what was required to get merchant status) and their fees are a percent or two higher than the other cards. This doesn't sound like a lot - but for a business that grosses $1M per year, an extra 2 percentage points is $20K. I don't gross $1M, but the additional cost for me to take AMEX would still use the word \"\"thousand\"\" and I don't see any reason to jump through extra hoops and fill out more forms for the privilege of giving extra money away. I haven't found anyone yet who wanted to pay me with AMEX who can't pay me with another card or a check instead.\""}
{"_id": "370153", "title": "", "text": "Well looking backwards there was such a thing as low skilled labor family supporting jobs. Right now the low skill labor market is retail which doesn\u2019t pay well. But anyway in the past we used to fill factories with low skilled labor and they used to make a solid living on that. Those jobs have been automated, outsourced, etc and that leaves people with very little options. This explains a lot of inner city poverty as well. Those neighborhoods used to have plenty of low skilled factory or manual labor jobs that would support people who wanted to work but didn\u2019t have a lot of particular skills. Once those jobs disappeared what did that leave them with? 5 bucks an hour at McDonald\u2019s? It\u2019s all connected.   What should we do about that? Well I\u2019m not sure. You can jump on the bandwagon that all of the jobs have been shipped away but that\u2019s not necessarily true. It\u2019s part of it but a lot of jobs simply don\u2019t exist anymore. I saw a fantastic old video about a book binding factory that used to employ a ton of people. You\u2019d have people for each job. Binding, glueing etc but now a machine pretty much does all of the work. What we could do is try to raise wages for the low skill market like retail to make them competitive but a lot of those companies are massive and they might be run out of business if they had to pay their employees more but at the same time, it\u2019s necessary. That\u2019s the theory anyway. Maybe more education for people in new industries. Despite what Donald Trump sells, it\u2019s likely that coal jobs and factory jobs aren\u2019t going to make a massive come back. That would certainly be nice but that\u2019s not gonna happen. We need to put a lot of time and effort into training people for new industries while they\u2019re young. That means training people in coding, computer software, robotics, renewable energy. Jobs of the future. I think right now we are still working on a shifting market. What we do with people beyond school at this point? I don\u2019t know. Just thoughts.   Note low skilled doesn\u2019t mean stupid or anything it just means you\u2019re walking in not having done a particular job before or you\u2019re just kind of the average Joe. That\u2019s a lot of people."}
{"_id": "370161", "title": "", "text": "I agree with Mark.  I was quite confuse about the short position at first but then I did a lot of learning and found out that as long as you have enough cash to cover your margin requirement you do not pay any interest since you do not have a debit on your margin balance.  This is not true for a long position though, supposed you have 5k cash and 5k margin balance, if you buy 10K worth of stocks then you will need to pay interest on the 5k of the margin balance since it is a debit.  Since shorting is done at a credit basis, you actually get interest from the transaction but you still may need to pay the borrowing fees for the stocks so they could simply balance each other out.  I have shorted stocks twice through two different companies and neither time I noticed any interest charges.  But make sure you have enough cash to cover your margin requirement, because once your margin balance is used to covered your position then interest would accrual. Learn."}
{"_id": "370167", "title": "", "text": "In this case, she had claimed that remaining in Bosnia would result in persecution from Serbs because her husband had hidden in Serbia rather than join the Bosnian Serb Army; in fact, he had served in the Bosnia Serb Army.  But the point here is that this was a lie made during the *immigration* process, not the *naturalization* process. During the naturalization process, she claimed that she had never given false information to a government official during immigration proceedings. Of course, this was *also* a lie, and hence a crime under 18 U. S. C. \u00a71015.  But now there\u2019s a question: Does having lied about lying constitute procuring naturalization \u201ccontrary to law\u201d?  The Supreme Court says \u201cnot on its own.\u201d Specifically,  &gt;[18 U. S. C. \u00a71425(a)], most naturally read, strips a person of citizenship not when she committed any illegal act during the naturalization process, but only when that act played some role in her naturalization.  &gt; ...  &gt;When the underlying illegality alleged in a \u00a71425(a) prosecution is a false statement to government officials, a jury must decide whether the false statement so altered the naturalization process as to have influenced an award of citizenship.   Now, it\u2019s entirely possible that the lie in this case meets that requirement. The Court\u2019s decision, however, is based on the fact that the Jury did not make such a determination. Rather, they were instructed that *any* lie would be grounds for a guilty verdict. Hence, the Court determined that  &gt;Maslenjak was not convicted by a properly instructed jury of \u201cprocur[ing], contrary to law, [her] naturalization.\u201d"}
{"_id": "370171", "title": "", "text": "High risk, high reward doesn't really mean anything. The reason that investments are risky is that the investor is clueless. As you gain more information and experience, you reduce the risk. To answer your question, you can consider BRIC ETF's (Brazil, Russia, India and China). They are correlated to the U.S. economy. However, over the long term (say, 40 years), they may make sense. It depends on your outlook. Do you think India and China will have bigger economies in than the U.S. in 40 years? Many people do. Do you think that countries that are rich in commodity resources like oil will do well in the next 5 years? If so, then those countries may do better than the U.S. It's not a clear answer to your question, but maybe it can help lead to a good solution for you."}
{"_id": "370177", "title": "", "text": "I kept hearing during the BP crisis and other times when gas was over $4 a gallon that a large part of it was due to the US's constraints on refineries, which, for for various reasons including NIMBYism and environmental concerns, have resulted in the last new refinery in the US being built over 30 years ago."}
{"_id": "370185", "title": "", "text": "\"Exactly. And, surprise surprise, the best article on that exact topic is written by none other than Matt Levine.  http://www.bloombergview.com/articles/2014-08-25/burger-king-may-move-to-canada-for-the-donuts  The accusations being hurled toward BK are ridiculous not only on the misguided principles behind \"\"inversions\"\", but also because even on a specific-case basis, BK has very good reasoning for going to Canada.\""}
{"_id": "370186", "title": "", "text": "Has any country in their existence, paid their debt in full?  To me it seems that every country is in debt and it will just keep growing.  It's like they know that the debt is impossible to pay and they just play along so that they get their paycheck and pass the debt to the other guy/gal who wins the office.  Do we just want to believe that one day everybody would receive so much money that everybody would pay off their debt?"}
{"_id": "370193", "title": "", "text": "I stopped trading in my IRA and gave it pro to manage it. He beats SP500 that i could never do."}
{"_id": "370194", "title": "", "text": "Yes, the entire financial system is based on trust. As we have seen repeatedly, even the ratings agencies can be wrong and in collusion. You need to understand what products have any insurance/contingency/recourse if things don't go as planned. A lot of people were surprised when they found out SIPC didn't ensure futures when MF Global declared bankruptcy last fall."}
{"_id": "370212", "title": "", "text": "Nothing. Stockbrokers set up nominee accounts, in which they hold shares on behalf of individual investors. Investors are still the legal owners of the shares but their names do not appear on the company\u2019s share register. Nominee accounts are ring-fenced from brokers\u2019 other activities so they are financially secure."}
{"_id": "370225", "title": "", "text": "I'm no fan of Go Daddy and less of a fan of SOPA, but why the hell is Go Daddy getting singled out? Microsoft and Apple are two huge supporters, but you don't hear anything about them.  Keeping it on topic to this subreddit, I don't think a boycott of godaddy will have any effect. They are a behemoth, and the people they attract don't give two shits about SOPA or internet activism."}
{"_id": "370229", "title": "", "text": "\"The trouble is that everybody is afraid of the consequences of letting \"\"too big to fail\"\" fail. I contend that it would be painful, but we would be better off in the long run if we let those with bad economic practices go out of business instead of rewarding them.  Edit: It is like the difference between having a necessary needle shot quickly and sharply painful or having it slowing inserted and pulled out multiple times which is the equivalent of what we are going through now.\""}
{"_id": "370244", "title": "", "text": "Behind the scenes, mutual funds and ETFs are very similar.  Both can vary widely in purpose and policies, which is why understanding the prospectus before investing is so important. Since both mutual funds and ETFs cover a wide range of choices, any discussion of management, assets, or expenses when discussing the differences between the two is inaccurate.  Mutual funds and ETFs can both be either managed or index-based,  high expense or low expense, stock or commodity backed. Method of investing When you invest in a mutual fund, you typically set up an account with the mutual fund company and send your money directly to them.  There is often a minimum initial investment required to open your mutual fund account.  Mutual funds sometimes, but not always, have a load, which is a fee that you pay either when you put money in or take money out. An ETF is a mutual fund that is traded like a stock.  To invest, you need a brokerage account that can buy and sell stocks.  When you invest, you pay a transaction fee, just as you would if you purchase a stock.  There isn't really a minimum investment required as there is with a traditional mutual fund, but you usually need to purchase whole shares of the ETF.  There is inherently no load with ETFs. Tax treatment Mutual funds and ETFs are usually taxed the same.  However, capital gain distributions, which are taxable events that occur while you are holding the investment, are more common with mutual funds than they are with ETFs, due to the way that ETFs are structured.  (See Fidelity: ETF versus mutual funds: Tax efficiency for more details.)  That having been said, in an index fund, capital gain distributions are rare anyway, due to the low turnover of the fund. Conclusion When comparing a mutual fund and ETF with similar objectives and expenses and deciding which to choose, it more often comes down to convenience.  If you already have a brokerage account and you are planning on making a one-time investment, an ETF could be more convenient.  If, on the other hand, you have more than the minimum initial investment required and you also plan on making additional regular monthly investments, a traditional no-load mutual fund account could be more convenient and less expensive."}
{"_id": "370280", "title": "", "text": "Key point here is to remember that GBP isnt falling a lot, it has fallen a lot already.  If you havent liquidated your position in pounds by now at a higher rate I would personally not bother switching to another currency right now.  The pound is near its 10 year low(nearing 2008 capital 'C' Crisis levels) and despite what fear mongers may short the market for, the sun will shine after Brexit as well. Britain has a solid economy and that hasnt fundamentally changed, so even if the pound hasnt seen the absolute periodic lowest point yet(which may still come as brexit talks become more prevalent/near their end), it will eventually pull back up.  In essence, you have more to lose acting in panic now than waiting to exchange for a better than today's rate at some point until the eventual Brexit(probably in March 2019) or at any point afterwards(if you wont be needing those savings when you move)."}
{"_id": "370281", "title": "", "text": "\"I went to Morningstar's \"\"Performance\"\" page for FUSEX (Fideltiy's S&P 500 index fund) and used the \"\"compare\"\" tool to compare it with FOSFX and FWWFX, as well as FEMKX (Fidelity Emerging Markets fund).  According to the data there, FOSFX outperformed FUSEX in 2012, FEMKX outperformed FUSED in 2010, and FWWFX outperformed FUSEX in both 2010 and 2012.  When looking at 10- and 15-year trailing returns, both FEMKX and FWWFX outperformed FUSEX. What does this mean?  It means it matters what time period you're looking at.  US stocks have been on an almost unbroken increase since early 2009.  It's not surprising that if you look at recent returns, international markets will not stack up well.  If you go back further, though, you can find periods where international funds outperformed the US; and even within recent years, there have been individual years where international funds won. As for correlation, I guess it depends what you mean by \"\"low\"\".  According to this calculator, for instance, FOSFX and FUSEX had a correlation of about 0.84 over the last 15 years.  That may seem high, but it's still lower than, say, the 0.91 correlation between FUSEX and FSLCX (Fideltiy Small Cap).  It's difficult to find truly low correlations among equity funds, since the interconnectedness of the global economy means that bull and bear markets tend to spread from one country to another.  To get lower correlations you need to look at different asset classes (e.g., bonds). So the answer is basically that some of the funds you were already looking at may be the ones you were looking for.  The trick is that no category will outperform any other over all periods.  That's exactly what volatility means --- it means the same category that overperforms in some periods will underperform in others.  If international funds always outperformed, no one would ever buy US funds.  Ultimately, if you're trying to decide on investments for yourself, you need to take all this information into account and combine it with your own personal preferences, risk tolerance, etc. Anecdotally, I recently did some simulation-based analyses of Vanguard funds using data from the past 15 years.  Over this period, Vanguard's emerging markets fund (VEIEX) comes out far ahead of US funds, and is also the least-correlated with the S&P 500.  But, again, this analysis is based only on a particular slice of time.\""}
{"_id": "370290", "title": "", "text": "\"Both explanations are partly true. There are many investors who do not want to sell an asset at a loss.  This causes \"\"resistance\"\" at prices where large amounts of the asset were previously traded by such investors.  It also explains why a \"\"break-through\"\" of such a \"\"resistance\"\" is often associated with a substantial \"\"move\"\" in price. There are also many investors who have \"\"stop-loss\"\" or \"\"trailing stop-loss\"\" \"\"limit orders\"\" in effect.  These investors will automatically sell out of a long position (or buy out of a short position) if the price drops (or rises) by a certain percentage (typically 8% - 10%). There are periods of time when money is flowing into an asset or asset class.  This could be due to a large investor trying to quietly purchase the asset in a way that avoids raising the price earlier than necessary.  Or perhaps a large investor is dollar-cost-averaging.  Or perhaps a legal mandate for a category of investors has changed, and they need to rebalance their portfolios.  This rebalancing is likely to take place over time.  Or perhaps there is a fad where many small investors (at various times) decide to increase (or decrease) their stake in an asset class.  Or perhaps (for demographic reasons) the number of investors in a particular situation is increasing, so there are more investors who want to make particular investments.  All of these phenomena can be summarized by the word \"\"momentum\"\". Traders who use technical analysis (including most day traders and algorithmic speculators) are aware of these phenomena.  They are therefore more likely to purchase (or sell, or short) an asset shortly after one of their \"\"buy signals\"\" or \"\"sell signals\"\" is triggered.  This reinforces the phenomena. There are also poorly-understood long-term cycles that affect business fundamentals and/or the politics that constrain business activity.  For example: Note that even if the markets really were a random walk, it would still be profitable (and risk-reducing) to perform dollar-cost-averaging when buying into a position, and also perform averaging when selling out of a position.  But this means that recent investor behavior can be used to predict the near-future behavior of investors, which justifies technical analysis.\""}
{"_id": "370300", "title": "", "text": "\"You or your girlfriend might also consider one of the myriad home \"\"franchises\"\" available (Pampered Chef, Thirty-One, etc). The real question, in my mind, though, is how much do you need to add to your monthly income? Is it $50, or $500? Might moving to a smaller apartment/house work?\""}
{"_id": "370304", "title": "", "text": "I've never seen a dividend, split or other corporate action during the day, but I have seen trade suspended a few times when something big happened. The market opening price is not in general the same as the close of the previous day. It can gap up or down and does frequently. I don't know of an api to find out if the dividend was cash or stock, but stock dividends are a lot less common."}
{"_id": "370309", "title": "", "text": "\"How does [FINRA's 5% markup policy]  (http://www.investopedia.com/study-guide/series-55/commissions-and-trade-complaints/finra-5-markup-policy/) affect the expense/profit/value of an ETF/Mutual Fund?  An extreme example to illustrate: If my fund buys 100 IBM @ 100, The fund would credit the broker $10,000 for those shares and the broker would give the fund 100 shares. Additionally there would be some sort of commission (say $10) paid on top of the transaction which would come out of the fund's expense ratio.  But the broker is \"\"allowed\"\" to charge a 5% markup. So that means, that $100 price that I see could have hit the tape at $95 (assume 5% markup which is allowed). Thus, assuming that the day had zero volatility for IBM,  when the fund gets priced at the end of the day, my 100 shares which \"\"cost\"\" 10,000 (plus $10) now has a market value of $9,500. Is that how it \"\"could\"\" work? That 500 isn't calculated as part of the expense of the fund is it? (how could it be, they don't know about the exact value of the markup).\""}
{"_id": "370334", "title": "", "text": "It may be a scam. But it also may be a company trying to find a person with the same or similar name. They may have followed a trail to her old address, and still not have the correct person. They bought number of old debts at a large discount, and are trying to track down any money they can find. It is best to ignore it, especially if they know it isn't their debt. If they start providing more proof then get interested. If they keep contacting them tell them there is no business relationship and they should stop."}
{"_id": "370359", "title": "", "text": "WTF?   How the heck is the truth a strawman? Where I live Walmart is about the best low skill employer. And, what is wrong with a business about making money. No one will setup a business, take risks, put in the work to get it started, and make investments without making money as their main goal. Otherwise you are setting up a charity.   The links were all relevant. Walmart is a better place to work than Target and pays better. If you look at some of my other comments I have a lot more sources. The high paying selective retailers such as Trader Joe's and Costco have a different cost structure due to having many less SKU's, and only being in areas with relatively high disposable income, among other things. Those are facts. Not strawmen.   And, if you think Walmart makes too much per employee and needs to do redistribution (they do have profit sharing too), then shouldn't Costco pay their employees even more, as their profit per employee is much higher, or are you being a hypocrite?"}
{"_id": "370383", "title": "", "text": "The simple truth is the mighty US military machine has been defeated by a bunch of towel heads with rocket launchers, because the Military Complex cannot balance the cost of war in such an asymmetric conflict where attrition means Billions of dollars for US and 2 goats, a mud hut and a baggy assed wife for them.  Plus they got no Oil . .to grease the wheels . . .so we simply lack the motivation to win . .what is a Win?  2 democratic goats?  The afghan government is totally corrupt and the military totally incompetent and more willing to shoot us than their own country man, they fucking hate us.  Pakistan would be glad to be rid of the US influence, except for a few corrupt politicians and generals who are on the US payroll, Pakistan would for once be undivided and able to lend its full support to the Muslim world and all their struggles unhindered and confused by American double standards and an idiotic orange imbecile.  Every single US ally will know that the American contract is best used for toilet Paper and those countries on the verge of going nuclear will see it as their only option.  If the objective is to disarm Pakistan and denuclearize it by destabilization and political forces or out right conflict, if there is one country in the world that knows for a fact that its survival depends on Nuclear weapons and the will to use them, it is Pakistan  Perhaps it is time to admit, this is a no win with no real objective except saving face."}
{"_id": "370388", "title": "", "text": "\"US law dictates that you cannot buy / sell shares in a company you   work for except during open trading windows. I understand lockout   periods when you're in a company but what about after you quit? There's no such law. Trading lockouts are imposed by companies themselves to avoid the complexities of identifying \"\"insiders\"\". For large companies it sometimes is easier/cheaper to assume everyone is insider instead of imposing internal data flow controls and limitations. For such companies, their internal policies would also manage how the employees who are leaving should be treated.\""}
{"_id": "370394", "title": "", "text": "\"Love, Love, Love this. In America we need to be more focussed on the quality and humanity of what we eat. Food bourne pathogens and resistance to anitbiotics are very real problems. All it will take is for the majority of Americans to \"\"vote with thier dollars\"\" when it comes to this issue and the supply will rise to meet demand. It is incredibly encouraging to see names like Walmart on the list of companies offering organic, free range ingredients in thier stores. Like the company or not (I do not) they control distribution of a HUGE percentage of the food supply in this country. With a focus on small sustainable agriculture we can eat better, be healthier, and even be more economically stable due to an increase in the number of small farms needed for this kind of thing.\""}
{"_id": "370430", "title": "", "text": "Has anyone ever worked on a financial services sales desk i.e mutual fund, annuities etc? If so would you be able to give me like a day in life. I'm trying to get into wholesaling and i know sales desk is kind of where you start off."}
{"_id": "370443", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://motherboard.vice.com/en_us/article/7xpgvx/amazons-is-trying-to-control-the-underlying-infrastructure-of-our-economy) reduced by 94%. (I'm a bot) ***** &gt; His vision is for Amazon to control the underlying infrastructure of the economy.  &gt; Jeff Bezos&amp;#039;s big bet is that he can make buying from Amazon so effortless that we won&amp;#039;t notice the company&amp;#039;s creeping grip on commerce and its underlying infrastructure, and that we won&amp;#039;t notice what that dominance costs us.  &gt; Should Amazon succeed in weakening UPS and FedEx, it would harm other online sellers and leave them dependent on their biggest competitor, Amazon, to deliver their goods.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6k8vfr/amazon_is_trying_to_control_the_underlying/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155392 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Amazon**^#1 **online**^#2 **company**^#3 **sell**^#4 **commerce**^#5\""}
{"_id": "370469", "title": "", "text": "Milliondollarjourney.com has a couple of articles on this topic. How Investing Taxes Work part 1 and part 2. The following is a summary of that article. Capital gains and dividends are taxed at a preferred rate, while interest tax is taxed at your regular rate. Interest is taxed at your marginal rate, but capital gains are taxed at only 50% of your marginal rate. That means that it makes sense to place the interest bearing account inside the RRSP but keep stocks outside. Additionally, you can claim your losses on your capital appreciating stocks against your gains if they are outside of your RRSP. Hopefully, your stocks will never go down but that's not very realistic. Dividends from Canadian companies are eligible for a dividend tax credit, but not dividends from foreign companies. [I actually understood that dividends from U.S. companies are treated as a special case] It's not clear to me from reading the article how much of this applies to mutual funds. The summary is as follows:"}
{"_id": "370470", "title": "", "text": "An interesting read.  As of lately, my office has been getting calls from Hartford, Fidelity, Oppenheimer, First Trust, and now Prudential regarding their ETFs.  A lot of them just received their 3 year number and the companies are trying to get inflows into them.  Prudential's has not launched yet, but is expecting to drop end of summer or early fall.  Fidelity is currently the only major competitor in the space.  They have a slightly lower internal cost compared to Vanguard and their position are almost identical to the iShares ETFs offered by Black Rock.  You can think of Black Rock as Bounty brand paper towels while Fidelity is more like Kirkland Signature.  Essentially the same thing with a slight savings on price.  One thing to look out for is the very thin trading volume on some of these new ETFs.  Oppenheimer and Hartford have very thin levels of volume which makes owning them feel like a game of old maid.  You don't want to be stuck holding the bag if something happens in the sector ETF that was purchased.  Always make sure there is a market for some of these ETFs before you buy it.  Fidelity has overcome some of these volume problems... but some of the ETFs are still a little thin.  Just stick with Vanguard for the thinly traded sectors and consider Fidelity if you want to shave a few bps on internal cost.    This has just been my personal observation of the industry."}
{"_id": "370472", "title": "", "text": "According to this site: You can apply for German benefits at any U.S. Social Security office by completing application form SSA-2490.  So have a look at this form and collect everything you need. But this site also says that you need to have at least 5 years of pay.   Worker-Male or female-Benefits payable at: age 65 with 5 years of coverage... I have found the info of 5 years minimum also elsewhere. So I guess you do not get any money from the Rentenversicherung (i.e. from the normal job) and I doubt that they will change that in the future. You may receive some money from your time as a Beamter and after 5 years as a Beamter it would be quite some money. But on some other site it has the 5 year figure also for the Pension: Die Pension wird f\u00fcr Beamte und Richter nur dann gezahlt, wenn diese mindestens f\u00fcnf Jahre im Dienst aktiv t\u00e4tig waren.  They have also numbers to call on the first site, so you may ask them."}
{"_id": "370476", "title": "", "text": "Health food is not just a niche market bro, it is a growing trend. Amazon is very good at spotting trends and thus sees a market they can corner. They could have bought Kroger and instead bought Whole Foods, so I highly doubt they would tarnish the brand they purchased with subpar foods"}
{"_id": "370483", "title": "", "text": "Hell no. You're better off networking/job searching or even doing a part time internship. Pick up the phone and cold call homie. The CFA will never seal the deal for you unless a firm is choosing between 2 identical candidates.  Plus you don't even know if it'll be relevant to your job. The CFA is something you do while you're a senior or once you get a job, not after you graduate and looking for a job."}
{"_id": "370494", "title": "", "text": "My employer matches 1 to 1 up to 6% of pay. They also toss in 3, 4 or 5 percent of your annual salary depending on your age and years of service. The self-directed brokerage account option costs $20 per quarter. That account only allows buying and selling of stock, no short sales and no options. The commissions are $12.99 per trade, plus $0.01 per share over 1000 shares. I feel that's a little high for what I'm getting. I'm considering 401k loans to invest more profitably outside of the 401k, specifically using options. Contrary to what others have said, I feel that limited options trading (the sale cash secured puts and spreads) can be much safer than buying and selling of stock. I have inquired about options trading in this account, since the trustee's system shows options right on the menus, but they are all disabled. I was told that the employer decided against enabling options trading due to the perceived risks."}
{"_id": "370496", "title": "", "text": "You have little chance of getting it deleted. I have the same situation, I closed mine in 2006, and the login still works. Keep the paperwork that you closed it (or print a PDF of the site showing so), and forget about it. If someone is trying to cheat, re-opening it should be the same difficulty as making a new one in your name, so it is not really an additional risk. You could also set the username and password both to a long random string, and not keep them. That soft-forces you to never login again. Note that it will also stay on your credit record for some years (but that's not a bad thing, as it is not in default; in the contrary). The only negative is that if you apply for credit, you might be ashamed of people seeing you ever having had a Sears or Macy's card or so."}
{"_id": "370507", "title": "", "text": "Under construction, but here's what I have so far: Schwab Data from 1970-2012: About.com data from 1980-2012:"}
{"_id": "370508", "title": "", "text": "I'm in the US, and I can't speak for all credit cards, but I have done this in the past. I've paid extra on my credit card, and had a positive balance on my credit card account. The purchases made after paying extra were applied to the balance, and if there was money left over on the statement closing date, I didn't owe anything that month.  Of course, I didn't incur any interest charges, but I never pay interest anyway, as I always pay my statement in full each month and never take a cash advance on my credit card.  You could call your credit card company and ask them what will happen, or if you are feeling adventurous, you could just send them some extra money and see what happens. Most likely, they will just apply it to your account and give you a positive balance."}
{"_id": "370538", "title": "", "text": "This website is based around Ontario mortgage rates trends are similar to the trends in all Canadian provinces. To make the best choice you need to be aware of the best mortgage rates available and of their details. The access to statistics is really beneficial as it provides you with information how rates change over the years... It is the perfect presence for your Business."}
{"_id": "370541", "title": "", "text": "Your home should not just give a cosy look, but a cosy feeling too, because home is a place to relax with no stipulations, etc. You can try the latest modular power grid that suspends from a ceiling and Furniture choices should be carefully assessed."}
{"_id": "370542", "title": "", "text": "\"Be careful of the other answers here. Many are wrong or partially wrong. The question implies that you knew this, but for everyone else's benefit, you can keep you LLC organization and still elect to be treated as a S-Corp by the IRS just for tax purposes.  You do this by filing Form 2553 with the IRS. (You can also, by the way, elect to be taxed as a \"\"regular\"\" C-Corp if you want, although that's probably not advantageous.  See Form 8832.) The advantage of electing to be treated as an S-Corp is that income beyond what constitutes a \"\"reasonable salary\"\" are not subject to social security and medicare taxes as they would when paid was wages or counted as self-employment income on Schedule C.  Depending on what you need to pay yourself to meet the \"\"reasonable salary\"\" test, your overall income, and other factors about your business, this could result in tax savings. Contrary to other answers here, making this election will not force you to create a board of directors.  You are still an LLC for all purposes except taxes, so whatever requirements you had in organization and governance at the state level will not change.  You will have to file a \"\"corporate\"\" tax return on Form 1120S (and likely some corresponding state tax form), so that is additional paperwork, but this \"\"corporate\"\" return does not mean the S-Corp pays taxes itself. With a couple of exceptions, the S-Corp pays no taxes directly (and therefore does not pay at the corporate tax rate). Instead the S-Corp apportions its income, expenses, and deductions to the owner(s) on Schedule K.  The owners get their portion reported from the S-Corp on Schedule K1 and then include that on their personal Form 1040 to pay tax at their personal rate. In addition to filing Form 1120S, you will have to handle payroll taxes, which will create some additional administrative work and/or cost. Using a payroll service for this will likely be your best option and not terribly expensive. You've also got the issue of determining your reasonable salary within the rules, which is the subject of other questions on this site and other IRS guidance.\""}
{"_id": "370551", "title": "", "text": "&gt;Your stupid excuses do not excuse people entering or residing in a country that has not given them permission to do so.  So pass laws that make them legal! Tada, your complaints are solved - well, unless your real complaints were about too many brown people. If so, then you've got much more disgusting issues than pretending that you care about legalities."}
{"_id": "370568", "title": "", "text": "Nate Nanzer, Commissioner of Activision Blizzard's Overwatch League, a global city-based esports franchise, outlines a pragmatic approach to development of the League, and speaks frankly on inclusion of small endemics, driving fan engagement and other concerns.  Please read and let me know what you think.  (Funny use of hyphens &amp; capitalisation (SEO nonsense) not my own)"}
{"_id": "370569", "title": "", "text": "Adjustments can be for splits as well as for dividends.  From Investopedia.com: Historical prices stored on some public websites, such as Yahoo!   Finance, also adjust the past prices of the stock downward by the   dividend amount. Thus, that could also be a possible factor in looking at the old prices."}
{"_id": "370615", "title": "", "text": "One big difference:  Interest is contracted.  They can change the rate in the future but for any given time period you know what you're going to get. Dividends are based on how the company did, there is no agreed-upon amount."}
{"_id": "370630", "title": "", "text": "They used to. People got hired at entry level jobs and were trained on the job. They learned from the person above them and moved up the ladder. Then they taught the person below them while learning from the person above them. This continued for a whole career. Trades still work this way.  Now we've traded on the job training for minimum hiring requirements. We've traded moving up for having to move to another company. And we've traded proper raises for standard 3% increases until you quit and move to another company to do a job for which you have the minimum hiring requirements."}
{"_id": "370632", "title": "", "text": "Every Austrian student is required to do a bachelor thesis. The research is very basic, nothing like a master's thesis where you do proper research on a topic. As I said, my goal is to be done by the end of September if I can start with research in July. A master's thesis would certainly take significantly longer and more preparation. For me it's whether or not I can tie it into my place of employment."}
{"_id": "370635", "title": "", "text": "During the settlement period, the buyer transfers payment to the seller and the seller transfers ownership to the buyer. This is really a holdover from the days when so much of stock trading was done by individual human traders, and computers were still not a huge part of the operation.  Back then, paper tickets for trades exchanged hands, and the time period was actually 5 days, so 3 days is an improvement.   A settlement period was necessary for everyone to figure out their trades and do what was necessary to make the settlements happen, so it was not always a quick process, mainly because of smaller trading firms that didn't have technology to help them along. Nowadays, technology makes settlements easy, and they usually occur at the end of the trading day.  The trading firms sum up their trades, figure out who they owe, and send lump sum settlements to the counterparties to their trades.  If anything, the 3-day period may just be used now to let parties verify trades before settling. I hope this helps. Good luck!"}
{"_id": "370644", "title": "", "text": "There's nothing wrong with it. Living in a two-family house and renting the downstairs was a fairly standard path to the middle class and home ownership in the 20th century. Basically, if market conditions are good, you'll have someone else paying your mortgage. The disadvantage of the situation is that you're a landlord. So you have to deal with your tenant, who is also a neighbor. Most tenants are fine, but the occasional difficult person may come out of the woodwork. That model of achieving home ownership became less popular in the late 60's-early 70's when the law allowed two incomes to be used for mortgage underwriting. Also, as suburbanization became a national trend, absentee landlords became more common Sounds like you are in the right place at the right time, and have stumbled into a good deal."}
{"_id": "370646", "title": "", "text": "\"Didn't the US Government break up US Steel and Standard Oil with the Sherman Act for doing just this? monopolizing all aspects of an industry in effort to set prices(eventually artificially high). Specifically section 4.3 of the wiki article on Sherman act   Violations of the \"\"rule of reason\"\": A totality of the circumstances test, asking whether the challenged practice promotes or suppresses market competition. Unlike with per se violations, intent and motive are relevant when predicting future consequences. The rule of reason is said to be the \"\"traditional framework of analysis\"\" to determine whether Section 1 is violated.[25] The court analyzes \"\"facts peculiar to the business, the history of the restraining, and the reasons why it was imposed,\"\"[26] to determine the effect on competition in the relevant product market.[27] A restraint violates Section 1 if it unreasonably restrains trade.[28]https://en.wikipedia.org/wiki/Sherman_Antitrust_Act  I don't care because I have a horse in the race, this is purely an academic question. if they start a delivery service it will directly effect the cost of shipping via ups usps and fedex and create an unfair market advantage? I'm also not saying amazon can't start a delivery service but i am interested in how they would have to go about doing so. would it have to be willing to ship non-amazon stuff? surcharges?\""}
{"_id": "370657", "title": "", "text": "OP:    &gt;People really don\u2019t like to hear success explained away as luck    My point in bringing up my wife's experience is that she started far back in the race behind me and has through sheer will and determination achieved more, earns more and has a better job than me. I have a friend from Kenya who started life without parents or shoes. He's more successful than me because he works ten times harder than I ever have. Luck has nothing to do with it. There is no such thing as luck. Luck is an imaginary force we use to explain things we don't understand, sound familiar? Those who do not work hard like to attribute the success others to luck and random chance, and are loath to admit they aren't trying as hard as they could be."}
{"_id": "370663", "title": "", "text": "Sounds like a good solution, yeah. I like cash for small stuff like paying for small purchases at the grocery store. I feel like the more I use my cards, the higher the chance of forgetting them in the machine is, which sucks, but ultimately I'll manage in a cashless world."}
{"_id": "370673", "title": "", "text": "No. You have to reimburse the current mortgage you have and negociate a new one for your new house. A mortgage is a loan from a financial institution that accepts to give you money if you pay it back the total amount adding interests. Interests are the price you pay to the financial institution for it to give you money for a while. In the mortgage you have an legal agreement with the financial institution on how to reimburse the total amount that is given to you for a while. Breaking that agreement is breaking the law. The fact of the matter is that when 30% of your mortgage is reimbursed, the financial institution own your house, legally, for real, at 70%: your live in the house own by the financial institution at 70%. It is the same exact logic for a car loan. The mortgage goes with a specific house at a legal address that you live in as a primary residence."}
{"_id": "370685", "title": "", "text": "Why the hell did they take a position on SOPA in the first place?   Companies should only take public positions on issues when that position would have a positive effect on their business and their customers. Did they think they would sell more domain names as their customers get screwed out of the ones they already own?"}
{"_id": "370701", "title": "", "text": "I'm a fan of flat organizations. Most important is to get things done in the most effective, rational and quickest way. Power games and politics are the downfall of good collaboration.  Having said that, isn't Musk known for micromanaging many decisions?"}
{"_id": "370725", "title": "", "text": "If he triple dipped right now he wouldn't have the shares he needs to keep bleeding the company dry. The stock price isn't in the long game, Sears' land holdings is though. What happens when Sears can't pay him back? He'll just take payment in the form of more property. Problem solved!"}
{"_id": "370745", "title": "", "text": "I'm sad those programs excist, because 10-20 years ago when I used to fly, there would *always* be a chance for anyone to be randomly upgraded to First Class when you are at the gate. They would always fill any leftover premium seats with people from Economy that were chosen at random. No matter what airline or where you were flying, you had a decent chance at being selected every so often.  Now they just give all their free upgrades to people who are in their elite preferred member clubs and regular everyday folk never get them. I mean, I can obviously see the buisiness sense in this plan and I can't blame the logic of it, but it's just kinda sad. People who are in those Executive Premium clubs *already* get to experiance First Class through their buisiness trips or through frequent flier upgrades. Meanwhile all the plebs who only fly once a year after saving up to take their family on vacation never get to indulge in First Class. They only had the chance before through the random upgrades, but those aren't a thing anymore since the buisness frequent fliers with the Executive Clubs are hogging all the upgrades : ("}
{"_id": "370754", "title": "", "text": "&gt; So what\u2019s the problem? When investors put their money in an index like the S&amp;P 500, they believe that they are just investing in \u201cthe market\u201d, broadly. But now, these for-profit indices have made an active decision to exclude certain stocks on the basis of their voting structures.   The author doesn't seem to understand the difference between the companies creating the passive funds that track the indices and the companies creating the indices that are being tracked. Indices have always been subject to somewhat arbitrary rules for what is being included and how its value is calculated. So this article is completely missing the point."}
{"_id": "370756", "title": "", "text": "Remember that converting from EU to USD and the other way around always costs you money, at least 0.5% per conversion. Additionally, savings accounts in EU and USA have different yields, you may want to compare which country offers you the best yields and move your money to the highest yielding account."}
{"_id": "370760", "title": "", "text": "\"I don't know why there is so much confusion on such a simple concept. The answer is very simple. A stock must eventually pay dividends or the whole stock market is just a cheap ponzi scheme. A company may temporarily decided to reinvest profits into R&D, company expansion, etc. but obviously if they promised to never pay dividends then you can never participate in the profits of the company and there is simply no intrinsic value to the stock. For all of you saying 'Yeah but the stock price will go up!', please people get a life. The only reason the price goes up is in anticipation of dividend yield otherwise WHY would the price go up?  \"\"But the company is worth more and the stock is worth more\"\" A stocks value is not set by the company but by people who buy and sell in the open market.  To think a stock's price can go up even if the company refuses to pay dividends is analogous to : Person A says \"\"Hey buy these paper clips for $10\"\". But those paper clips aren't worth that. \"\"It doesn't matter because some fool down the line will pay $15\"\". But why would they pay that? \"\"Because some fool after him will pay $20\"\" Ha Ha!\""}
{"_id": "370770", "title": "", "text": "I'm not sure that the deflation will occur regardless of policy choice. There is a clear choice: inflation through printing or some sort of sustained deflation/deleveraging. I'd actually venture to guess that the powers-that-be are clearly on the side of printing."}
{"_id": "370777", "title": "", "text": "if I have a asset A with expected return of 100% and risk(measured by standard deviation) 1%, and asset B with expected return of 1% and risk 100%, would it be rational to put asset B into the portfolio ? No, because Modern Portfolio Theory would say that if there is another asset (B2) with the same (or higher) return but less risk (which you already have in asset A), you should invest in that. If those are the only two assets you can choose from, you would invest completely in Asset A. The point of diversification is that, so long as two assets aren't perfectly positively correlated (meaning that if one moves up the other always moves up), then losses in one asset will sometimes be offset by gains in another, reducing the overall risk."}
{"_id": "370790", "title": "", "text": "vol shouldn't matter if you're looking at the long term. I get all the other things, to me people just don't like bear markets.   I think retail is also scared for macro reasons. Shitty economy, total clusterfuck politically. Europe is clearly a mess. And all those things don't have any resolution in the near-term future. So sit on cash/fixed income and at least you're not losing."}
{"_id": "370815", "title": "", "text": "The guarantee's value to you is whatever you have to pay to get the guarantee, assuming that you don't decide it's too expensive and look for another guarantor or another solution entirely. How much are you willing to pay for this loan, not counting interest and closing costs? That's what it's worth. See past answers about the risks of co-signing for a realistic view of how much risk your guarantor would be accepting and why they should hold out for a very substantial reimbursement for this service."}
{"_id": "370820", "title": "", "text": "\"&gt;Independant here means 'not the BLS'. If you think that MIT is just another supporter of the status quo, you could be right, but it seems a bit of a stretch, especially since they are sampling in a completely different way and so very broadly.  The problem isn't in the \"\"sampling\"\", it's in the methodology of the final computation.  And on that, they are hardly \"\"independent\"\" -- do the computation based on essentially the same set of basic (flawed) assumptions -- and you still arrive at pretty much the same (flawed) conclusions.\""}
{"_id": "370823", "title": "", "text": "if the standards could be made at the individual school level, your wife's own superiors could make note of those extenuating circumstances when evaluating her.  EDIT: perhaps i misunderstood IHartRed's comment. can anyone who downvotes me, or agrees with the downvotes, offer an explanation? i'm at a loss."}
{"_id": "370825", "title": "", "text": "Since you mentioned client service and marketing:  Investors relations positions on the buy side are incredibly well-paid, and (if you don't mind the constant networking and are charming enough to disarm high-touch investors) not as stressful as positions with comparable compensation. As with most of business, it gets better as your contacts list grows."}
{"_id": "370857", "title": "", "text": "Realistically, no, I can't really say that for certain, but generally, if two groups are paying such vastly-different amounts, its due to one group having either a stronger negotiation arm, or one group being large enough that their volume is highly desired.  Apple fit all of those."}
{"_id": "370868", "title": "", "text": "I don't care what politicians think.  If you opened it to the free market you would have farmers out of business in less than 5 years time and a food shortage then or before.  That would lead to dead people."}
{"_id": "370870", "title": "", "text": "When I did my CSC waaaaay back in the day (when there was 1 4 hour exam and 2 assignments, fuck I'm old) this is what I did.  I took the week after New Years off, and studied exclusively for the CSC.  I did nothing else but study (but I had done a lot of prep before) then I wrote the exam after a week of non-stop study.  To be honest, the exam isn't difficult - at least the finance parts.  The tricky parts are the pure memorization ones, which are almost all compliance/ethics questions (e.g. how long do you have to notify the OSC of a change in address, etc).  Do not ignore these sections as they do test on ethics/compliance a lot."}
{"_id": "370879", "title": "", "text": "Inflation protected securities (i-bonds or TIPS).   TIPS stands for Treasury Inflation Protected Securities. By very definition, they tend to protect your savings against inflation. They won't beat inflation, but will keep up with it. TIPS or iBonds have two parts. A fixed interest part and a variable interest portion which varies depending upon the current rates. The combined rate would match the inflation rate. They can be bought directly from the treasury (or from a broker or bank who might charge a commission)"}
{"_id": "370883", "title": "", "text": "STEM activities which mean Science Technology Engineering and Math are the entire buzz in education. Kids enjoy finding out how things work out through hands-on projects, fun and educators love knowing that they are also preparing their students for their tech future. In this program, participants of STEM For Kids program will learn and know how to make a basic computer programs &amp; codes for games etc. Get more details on hands-on projects on STEM For Kids at:http://techjoyntfoundation.org/stem-for-kids/"}
{"_id": "370922", "title": "", "text": "Actually, I don't know if you remember, but the security pre 9/11 was pretty good. They had a vested interest in doing their jobs as they were hired by the airport and had deliverables that weren't nationalized from a monolithic organization that is guaranteed funds no matter what.  Having solid locking doors on the cockpit has now prevented future 9/11 attacks. Quite honestly, the odds of you being in a terrorist attack pre 9/11 were million s times less than getting into a car accident. So, no, I don't think 9/11 should be used opportunistically to drastically push an agenda via security theater that has no purpose other than to test the tolerance of the population for rights reduction."}
{"_id": "370932", "title": "", "text": "Thank you for clarifying your meaning.   Though I'd counter that if your goal is to manipulate economic exchanges between individuals with the intention of guiding the economy at large to a specific desired outcome, I think that capitalism is not the economic system for you :P   I just think it's not so cool to treat Bob's artificially-caused job loss as an acceptable casualty on the grounds that overall *hopefully* everyone (including Bob) will be better *eventually.* I think Bob might object pretty strenuously, in fact, and that Bob should get a say.   Presumably there will be enough people who are willing to sacrifice their current jobs - and undergo the short term hardship - in pursuit of a better future that the mandated wage increase can proceed as desired."}
{"_id": "370948", "title": "", "text": "@fennec is right, no one knows.  Here's a link that may help: http://pragcap.com/silver-prices-display-some-bubbly-characteristics I don't follow markets enough to comment, but I have read enough of Cullen's stuff to know he's not off his rocker."}
{"_id": "370950", "title": "", "text": "I'll forgive your ignorance in that the competition is between countries' tax rates, not burger sales. If you can run a company from country B and be taxed less than running the same company from country A, country B is more competitive than country A."}
{"_id": "370976", "title": "", "text": "Everything in life is a combination of luck and skill.  Startups are no different.  The risks are higher and most sensible people know and understand that.  You know why we worship the successes?  Because against all odds, those startups stood up to your salaried buddies who work for faceless large corporations and have tons of people and kicked their asses.  At some point, they deserve it.  You see startups as gambling, others see it as betting on yourself.  Especially founding or joining an early stage startup.  It's also taking on huge responsibility.  In a mega-corp your failures and shortcomings will be covered and almost certainly won't tank the company.  Your creativity probably won't flourish and their is an incentive to do just well enough.  Why should you work your ass off for a company that you're not invested in other than a paycheck?  Startups aren't for everyone.  Hell, startups probably aren't for most people.  But there are some people, those select few, who simply can't imagine not working for themselves, creating things, tinkering, trying to change the world.  It's not even gambling to them, it's a way of life."}
{"_id": "370985", "title": "", "text": "\"Changes in graduated income tax rates don't necessarily drive how you should allocate money to a Traditional vs Roth account (true for both IRA or 401k). What does drive this decision is what your income tax rate is now compared to what you believe your rate will be when you retire. So, if you expect the tax rate change to still be in effect when you retire, it doesn't matter if the change is a tax increase or decrease; your previous allocation could likely remain the same. This means that if Congress passed the change effective immediately, it would be too late for you to make a meaningful adjustment. But if Congress passes the change effective next year, then most likely your tax rate will decrease for next year, meaning you are probably better off switching all Roth allocations to Traditional, and then switching them back to whatever allocations you have now for next year. The reverse would be true if you knew about an upcoming tax increase (in which case you would load up Roth this year and then switch back to whatever you had for next year). That being said, regarding after the fact reallocation considerations, I suppose it would be fair to say that if the country is accustomed to a higher tax rate, and then rates are dropped, if spending is not cut to make up for it, then rates would likely have to go up again in the future to make up the difference. If you believe that will happen then Roths would become a little more attractive since rates would be lower than what you expect them to be when you retire. As a side note, if you ever had reason to believe that Congress was going to move away from the \"\"graduated income tax\"\" structure, all bets are off. For example if the income tax was replaced with a tax on spending such as the FairTax, then in the interim period Roths would become worthless and you'd want to switch to Traditionals until the change went into effect. (And then once in effect both Roths and Traditionals would be pointless.)\""}
{"_id": "370995", "title": "", "text": "\"My theory is that for every stock you buy, you should have an exit strategy and follow it.  It is too hard to let emotions rule if you let your default strategy be \"\"let's see what happens.\"\" and emotional investing will almost never serve you well.  So before buying a stock, set a maximum loss and maximum gain that you will watch for on the stock, and when it hits that number sell.  At the very least, when it hits one of your numbers, consciously make a decision that you are effectively buying it again at the current price if you decide to stay in. When you do this, set a new high and low price and repeat the above strategy.\""}
{"_id": "371012", "title": "", "text": "I was merely trying to be helpful - Conceptually, you have dump this idea that something is skewed. It isn't. Firm A sold for $500 (equity value aka purchase price to shareholders) + debt (zero) - cash (50) for 450.  Enterprise value is the cash free, debt free sale price.  The implied ev multiple is 4.5x on A - that is the answer. The other business sold for a higher multiple of 5x.  If you would pile on more cash onto A, the purchase price would increase, but the EV wouldn't.      The idea is to think hard about the difference between equity value and enterprise value when examining a transaction."}
{"_id": "371027", "title": "", "text": "See, I agree with all of that!  However, I think Clinton is exactly the same personality, underneath a thin veneer. The only real difference is that she is slightly better at hiding her sociopathy. This actually makes her more dangerous."}
{"_id": "371044", "title": "", "text": "Various companies have hired quants to write algorithms to buy and sell stocks. Each of these has unique criteria that determine when it should buy/sell. Most have some AI component that allows it to tweak parameters and learn. The point is the more people try this kind of fake news tactic the better the algorithms get at responding or not responding to it. Keep in mind though that 1) the AIs learn at different rates 2) if an AI notices a boost in trading volume due to a story it determines is fake, the correct move is to buy and then sell before other AIs catch on."}
{"_id": "371049", "title": "", "text": "\"I empathize, honestly, but we can't address claims like &gt;that when the cards are so stacked against you and when all jobs available to you are not paying a living wage  at a generalized societal level.  Everyone is an individual that makes individual choices that affect the outcomes in their life.  I would assume there were some missteps along the way if *every* available job does not \"\"pay a livable wage\"\" (whatever that may be...not trying to be a dick, but honestly, what does that phrase even mean?)  Those missteps in life, such as not graduating high school, or having a kid without a partner and before being financially self sufficient, or getting into trouble with the law, etc, etc...are going to make life more difficult for one than the person that didn't make those mistakes.    I think that *IS* fair.  Some people have great parents.  Some people have shitty parents.  The former will have the opportunity (assuming they don't fuck it up) for an easier life than the latter.  That's just life man.  If you have shitty parents hopefully that will motivate you to make better life choices than your parents did so that your kid doesn't have shitty parents.   The kid that stayed home to study for his exams and missed all the parties *SHOULD* be rewarded for that behavior, and often times they are, via better paying jobs and financial security in the future.   Is the system perfect?  Of course not, nothing is.  But in the history of mankind, we've never had a better system that has pulled  more people out of poverty, produced more advancement in the standard of living, or given people more freedom over their own lives.\""}
{"_id": "371076", "title": "", "text": "Because all things being equal, unless they can pay the new graduate significantly less (which they won't be able to do, if the Millenials are still hard up for work), then employers will likely defer to candidates that they deem to be more mature. Additionally, Millenials won't just sit around; they'll work independently, take courses at community college to advance their knowledge, etc.  At this point, I'd be more concerned about what happens if the economy DOESN'T return..."}
{"_id": "371091", "title": "", "text": "Lol. You are ignorant or your janitor will be doing your ex's job. Instead he is cleaning kid puke. You are not just ignorant but oh so jealous of your ex...    Btw you also work hard at being repetitive idiot but that isn't a skill that pays off either"}
{"_id": "371094", "title": "", "text": "This is a common occurrence, I know people who moved and then only remember the next spring during tax season that they never filed a new state version of a W-4. Which means for 3 or 4 months in the new year money is sent to the wrong state capital, and way too much was sent the previous year. In the spring of 2016 you should have filed a non-resident tax form with Michigan. On that form you would specify your total income numbers, your Michigan income numbers, and your other-state income numbers; with Michigan + other equal to total. That should have resulted in getting all the state taxes that were sent to Michigan returned.  It is possible that the online software is unable to complete the non-resident tax form. Not all forms and situations can be addressed by the software. So you may need to fill out paper forms. You should be able to find what you need on the state of Michigan website for 2015 Taxes. A quick read shows that you will probably need the Michigan 1040, schedule 1 and Schedule NR You may run into an issue if your license, car registration, voter registration, and other documentation point to you being a resident for the part of the year you earned that income. That means you will have to submit Form 3799 Statement to Determine State of Domicile You want to do this soon because there are deadlines that limit how far back you can files taxes. The state may also get tax information from the IRS and could decide that all your income from 2015 should have applied to them, so they will be sending you a tax bill plus penalties for failure to file."}
{"_id": "371095", "title": "", "text": "He wasn't wrong that a mortgage would help your credit score, assuming that this was a perfect world and everyone held up their end of the bargain. However, now that he hasn't, you are still legally obligated to pay the loan amount (including his portion of it). As for a lawsuit, it would be hard to prove what he said verbally, however, it doesn't hurt to call a lawyer for a free consultation."}
{"_id": "371103", "title": "", "text": "Unless you are a tax-exempt entity and running this server is clearly within your mission statement: YES, it's taxable income. Sorry."}
{"_id": "371104", "title": "", "text": "So, why don't they talk about what happened in 1971 that caused (or enabled) all the deficit spending shown in the charts?    Maybe we should start talking about that....  since neither of the two parties seem to want to."}
{"_id": "371105", "title": "", "text": "\"There is no Federal law that mandates that they must re-open a closed account. They can either refuse the transfer / return the money, or they can optionally re-open your account so they get money (makes more sense for them). It is, however, in one of your agreements that they reserve the right to re-open a closed account in order to receive the deposit. At which point, your account will become active, and the balance may be below the required minimum balance threshold, so you may have maintenance or low-balance fees charged against the account (Credit Unions are less likely to have these fees). If you want to call them out on their BS, you can ask them to cite the law which mandates the re-opening of closed accounts. They will likely fall back on your Member agreement. There may be some state laws that discuss this, but I haven't found anything. This has become such a problem for some bank customers (where they are charged fees on the money they weren't aware they had) that a law was proposed in Sept. 2013, called the Freedom and Mobility in Consumer Banking Act, which would essentially only allow the named account holder(s) to re-open a closed account. I went ahead and looked up the NACHA guidelines for ACH transfers (I got the 2013 version)  2013 Corporate Rules and Guidelines. These lines reference \"\"Article 4A\"\", which is Uniform Commercial Code Section 4A - Funds Transfer. This means that if your account is actually closed, they have an exception to the standard timeframe for issuing a Return Entry. This means that if you notify them (in writing) that you refuse any future credit Entries to the account, they MUST return them. I then went looking for the return reason codes RDFI = Receiving Depository Financial Institution From what I gather, based on these NACHA guidelines, your CU didn't actually close your account. They put it on \"\"hold\"\" or some similar state. If they actually close your account, they are required to issue a Return Entry with Code R02.  In your case, your CU doesn't charge you any maintenance fees, but for those working with banks, the best bet is to notify them in writing that you refuse any future credits to the account, or go into a branch and insist on fully closing out the account.\""}
{"_id": "371116", "title": "", "text": "The increase in production is a prerequisite to be able to hit the price Tesla wants for the Model 3. 100,000 cars should result in a significant gain in economies of scale. I have no idea how many Model 3s will be produced, but 150-250,000 cars will allow Tesla to negotiate better prices with their supplies."}
{"_id": "371129", "title": "", "text": "From an amateur: Prices aren't entirely rational - they float, and the day to day prices of stock are an excellent example of this.  So how would you assign an appropriate value to it?  There is a logical minimum, the scrap value of the assets and the cash on hand.  However, that doesn't take into account the expectations for growth people have for that company.  If everyone thought a $100 mil company was going to be worth $200 mil by the end of next year, they'd still be willing to pay at a $150 mil price point now. That said, the market is big enough that it's easy enough to find someone who has those growth expectations.  They still expect it to be worth more in the future, and they'll buy it now.  And if no one buys at that price point, that's when prices start to fall."}
{"_id": "371131", "title": "", "text": "The top 3, and 5 of the top 10, H1-B sponsors are [India-based outsourced IT companies](http://www.business-standard.com/article/companies/here-are-the-25-biggest-h1b-sponsors-of-2016-117013101018_1.html). The core  business model of these companies is to displace employees, typically Americans, with much cheaper labor. Their claims that they can't find qualified US workers (an essential part of the H1-B process) are patently fraudulent, as they could hire the people whose jobs they eliminated. These companies undeniably depress IT salaries."}
{"_id": "371133", "title": "", "text": "\"The title is misleading (shocker, right?). The exact wording in the cited study is \"\"in order to afford a modest two-bedroom rental home at the Fair Market Rent without spending more than 30% income on rent\"\".  HUD says:  &gt; The Fair Market Rent is HUD\u2019s best estimate of what a household seeking a modest rental home in a short amount of time can expect to pay for rent and utilities in the current market.  So that's not the minimum available 2BR unit available. It's more like 50th percentile rent per zip code. Check rent.com for 2BR prices in Tennessee and Arkansas. They start in the lower $500s.  Also worth noting that if you work 40hr/week all year at minimum wage and claim 1 dependent then you don't owe a dime of Federal income tax.\""}
{"_id": "371162", "title": "", "text": "Lowest possible credit score is a 350, and thanks bankruptcy state/thin file (aka, no history). If you have a car loan, you won't be thin file anymore.  Do you have derogatory marks on your score?  Create an account at www.creditkarma.com  If he drops you from that account, your score will likely go down if you have outstanding balances."}
{"_id": "371176", "title": "", "text": "First, you need to understand the difference in discussing types of investments and types of accounts. Certificate of Deposits (CDs), money market accounts, mutual funds, and stocks are all examples of types of investments. 401(k), IRA, Roth IRA, and taxable accounts are all examples of types of accounts. In general, those are separate decisions to make.  You can invest in any type of investment inside any type of account.  So your question really has two different parts:   Tax-advantaged retirement accounts vs. Standard taxable accounts FDIC-insured CDs vs. at-risk investments (such as stock mutual funds) Retirement accounts are special accounts allowed by the federal government that allow you to delay (or, in some cases, completely avoid) paying taxes on your investment.  The trade-off for these accounts is that, in general, you cannot access any of the money that you put into these accounts until you get to retirement age without paying a steep penalty.  These accounts exist to encourage citizens to save for their own retirement.  Examples of retirement accounts include 401(k) and IRAs. Standard taxable accounts have no tax advantages, but no restrictions, either.  You can put money in and take money out whenever you like.  However, anything that your investment earns is taxable each year. Inside any of these accounts, you can invest in FDIC-insured bank accounts, such as savings accounts or CDs, or you can invest in any number of non-insured investments, including money market accounts, bonds, mutual funds, stocks, precious metals, etc. Something you need to understand about investing in general is that your potential returns are directly related to the amount of risk that you take on.  Investing in an insured investment, which is guaranteed by the government to never lose its value, will result in the lowest potential investment returns that you can get. Interest-bearing savings accounts are currently paying less than 1% interest.  A CD will get you a slightly higher interest rate in exchange for you agreeing not to withdraw your money for a period of time. However, it takes a long time for your investments to grow with these investments.  If you are earning 1%, it takes 72 years for your investment to double. If you are willing to take some risk, you can earn much more with your investments.  Bonds are often considered quite safe; with a bond, you loan money to a government or corporation, and they pay you back with interest.  The risk comes from the possibility that the government or corporation won't pay you back, so it is important to choose a bond from an entity that you trust. Stocks are shares in for-profit companies.  Your potential investment gain is unlimited, but it is risky, as stocks can go down in value, and companies can close.  However, it is important to note that if you take the largest 500 stocks together (S&P 500), the average value has consistently gone up over the long term.  In the last 35 years, this average value has gone up about 11%.  At this rate, your investment would double in less than 7 years. To avoid the risk of picking a losing stock, you can invest in a mutual fund, which is a collection of stocks, bonds, or other investments.  The idea is that you can, with one investment, invest in many stocks, essentially earning the average performance of all the stocks.  There is still risk, as the market can be down as a whole, but you are insulated from any one stock being bad because you are diversified. If you are investing for something in the long-term future, such as retirement, stock mutual funds provide a good rate of return at an acceptably-low level of risk, in my opinion."}
{"_id": "371181", "title": "", "text": "I'm glad to hear that someone so senior in their organization has so much respect for the rest of the team. As a student, you often hear how finance is ultra competitive/aggressive. As someone that is very competitive and is also empathetic and mindful of how their words affect others, it's nice to see that preconception proven wrong.   Just had to share my thoughts. Best of luck!"}
{"_id": "371188", "title": "", "text": "\"Is it common in the US not to pay medical bills? Certainly not.  What some might do, however, is not pay them immediately, with the intent to negotiate them down or get them written off.  You can also see if there's a discount for paying immediately - I've had moderate success with this, but it was during a time where we couldn't pay them all immediately, so I was more trying to figure out which ones to pay first rather than just haggling.   The obvious risk is that they go to a collections agency and get reported as unpaid debt to your credit.  I'm with you, however - it's a service that you received and it should be paid. I must precise that they are wealthy upscale members, who can afford paying these bills. Are you certain that they have large medical bills?  I suppose it's possible that they have resources that  can negotiate these on their behalf, or they don't care about the impact to their credit score. But to say \"\"no one is doing it here\"\" seems ludicrous.\""}
{"_id": "371192", "title": "", "text": "\"To avoid going on and on in the comments I'm going to add this point that seems to be missing from the other answers. \"\"Banks often offer me deals while negotiating to open an account (since they are under high pressure to open an account)\"\"   Would these happen to be the regionally advertised account opening deals like a $200 new checking account bonus if you deposit at least $x and leave it for at least 90 days?  This kind of deal is not unique to you.  This is not offered to you because of your unique negotiating ability. You need to understand the authority of the person you're dealing with.  Products are designed in the corporate arm of the bank.  Once a product is ready, it's rolled out to branches to be sold; sometimes with some fancy sign-up bonus.  A checking account is a product, just like an iPhone.  Apple took the headphone jack out of the iPhone 7, no amount of negotiating with the Genius at the Apple store will put it back for you. Vote with your wallet, show the bank you're unhappy by leaving.\""}
{"_id": "371195", "title": "", "text": "\"The only general rule is \"\"If you would buy the stock at its current price, hold and possibly buy. If you wouldn't, sell and buy something you believe in more strongly.\"\" Note that this rule applies no matter what the stock is doing. And that it leaves out the hard work of evaluating the stock and making those decisions. If you don't know how to do that evaluation to your own satisfaction, you probably shouldn't be buying individual stocks. Which is why I stick with index funds.\""}
{"_id": "371199", "title": "", "text": "&gt;[**\u0422\u041e\u041f 5 \u043f\u0440\u043e\u0435\u043a\u0442\u043e\u0432, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u043f\u043b\u0430\u0442\u044f\u0442! \u041b\u0443\u0447\u0448\u0438\u0439 \u0421\u043f\u043e\u0441\u043e\u0431 \u043f\u043e\u0434\u043d\u044f\u0442\u044c \u0431\u0430\u0431\u043b\u043e \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435! \u0421\u0430\u0439\u0442\u044b \u0434\u043b\u044f \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u0434\u0435\u043d\u0435\u0433! [4:16]**](http://youtu.be/xTe6Ay33PvM)  &gt;&gt;\u0420\u0435\u0431\u044f\u0442\u0430, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u044f \u0440\u0430\u0441\u0441\u043a\u0430\u0437\u044b\u0432\u0430\u044e \u043e \u0442\u043e\u043f\u043e\u0432\u044b\u0445 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u043f\u043b\u0430\u0442\u044f\u0442!!!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^6 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "371200", "title": "", "text": "Amen brother. Same here.  I don't consider labor from 3rd world countries my competition.  Their work is down right shit.  Companies hire me at 10x they paid some shitty indian worker who botched their whole system just to try and save a few dollars per hour.  Ends up costing them 10x that in the long run."}
{"_id": "371205", "title": "", "text": "\"Alrighty.  So your question is, how confident are people that FB stock will close above a certain price at a certain time.  A \"\"call\"\" option contract allows you to buy shares in the future at a certain price.  FB calls are available for March of 2013.  The number in the \"\"strike\"\" column is the price you can buy FB stock at on the given date. Let's take the \"\"33.00\"\" strike.  This allows you to buy FB shares at $33 each next March.  If at that time it turns out they're worth $50 each, you can buy them at $33, then immediately sell them on the open market for $50, making money.  The person selling you the option knows that there's a chance the price will be above $33 in March, so he's going to charge you a few bucks to cover that possibility.  In this case, he's charging you $5.30 (as of me writing this).  So, you can have the option to buy FB shares at $33 each for $5.30.  This means the guy selling you the option is reasonably confident that in March, FB stock will be at or under $38.50, otherwise he'd lose money when you exercised the option.    Therefore, $38.50 is the option market's best guess as to the highest FB stock will be going for in March.\""}
{"_id": "371207", "title": "", "text": "I didn't say you had to have had everything handed to you... I said you could also just be naive.  And judging from your subsequent paragraph, you are.  Not everyone can choose their lot in life.  Though I will say the price of education is absurdly bloated and alternatives to education may be a nice alternative.  Though truth be told, for me at least, college was an invaluable experience."}
{"_id": "371210", "title": "", "text": "The Money Chimp site lets you choose two points in time to see the return. i.e. you give it the time (two dates) and it tells you the return.  One can create a spreadsheet to look at multiple time periods and answer your question that way, but I've not seen it laid out that way in advance. For what it's worth, I am halfway to my retirement number. I can tell you, for example that at X%, I hit my number in Y years. 8.73% gets me 8/25/17 (kid off to college) 3.68% gets me 8/25/21 (kid graduates), so in a sense, we're after the same type of info. With the long term return being in the 10% range, you're going to get 3 years or so as average, but with a skewed bellish curve when run over time."}
{"_id": "371238", "title": "", "text": "In your shoes, I would approach a CPA familiar with back tax issues and have them prepare your old returns, gathering as much information as they can.   Only once you have all your forms and payment ready, approach the IRS ready to settle up."}
{"_id": "371251", "title": "", "text": "Not better companies, they pick the largest market cap companies which isn't guaranteed to be the best. If they were so much better than there would be a much bigger difference between the S&amp;P 500 and the vanguard total stock market fund:   http://quotes.morningstar.com/chart/fund/chart?t=VTSMX&amp;region=usa&amp;culture=en-US  But as you can see above there is barely any difference in the gains between S&amp;P and the total stock market fund"}
{"_id": "371256", "title": "", "text": "Not at all. Whenever demand growth outstrips supply growth, prices rise, driving innovation, discovery, and economisation, allowing more of the population, if not the entire population, to sustain itself and eventually thrive, the very process which has held off the Malthusian problem for centuries. From that perspective, the headline is a bit hyperbolic because the answer is simple, even if not necessarily easy: adapt. Odds are Egypt will start seeking new trade deals with other countries in an effort to bolster growth in available necessities. This will drive food producers to become more efficient and more productive, which will have benefits for years to come. Assuming there are any, there's a good chance we'll see Egyptian tariffs start declining as a result; at first Egypt will probably seek bilateral free trade deals and, if those prove insufficient, they'll probably just cut/drop tariffs on their own."}
{"_id": "371262", "title": "", "text": "Aditya City Residences is offering best apartments like 1, 2 and 3 BHK well located at NH \u2013 24 Ghaziabad. That offers not costly flats only according to your budget and affordable for best deal call now @ 8800227454."}
{"_id": "371264", "title": "", "text": "I get it - policymakers are divorced from reality. So lets talk in terms even an idiot can understand: TV.  Remember that show Breaking Bad?  Now I need you to imagine a new season. Walter's replacement teacher - lets call him Tom - will have to sell the same meth to even afford living in a modest apartment and pay off those student loans.  If Tom wants to remain a teacher, and afford to live, much less raise a family, he has to break bad just as bad as Walter did.  Will you please give Tom a raise? To keep meth off the streets? For the love of God?"}
{"_id": "371271", "title": "", "text": "You claimed that you could pick out stolen funds, hidden within the block chain, by examining transactions.  I pointed out that stock transactions are all widely published, and asked if you could pick out which trades were done using illicit information.  The parallel is clear."}
{"_id": "371278", "title": "", "text": "Outsider to this, but it's pretty rich to imply HellaSober kicked off the rudeness when you responded to their comment with 'Did you read the article?' In your comment earlier in the chain, you put shudder quotes on their use of 'overcorrection' and 'some employees' which is also rude.   Assuming your goal is to have civil conversations in the future, try some self reflection."}
{"_id": "371293", "title": "", "text": "Anti-Facebook circlejerk continues. Where were these articles before it went public ? It makes it seem like bad for common investors when in reality they couldn't even get in on the stock. It was the institutional funds and connected investors who bought the stock at 38. The common market actually was the one that didn't support the stock once it went public.   If anyone, it's the institutional funds that got screwed."}
{"_id": "371304", "title": "", "text": "\"What is actually a halal investment? Your definition of halal investment is loose and subject to interpretation. On one hand, nothing is fixed in the financial world. You might get a 10 Year Germany Bund with a fixed coupon rate of 1%, but the real rate of return of this investment is far from fixed. It depends on the market environment, the inflation, etc. (Also, you can trade this investment on the secondary market at any time.) Moreover, the country can default. For example, nothing is \"\"fixed\"\" if you hold the Argentina bonds. You might think a saving account in the bank is a fixed investment. But again, what about the inflation? And if you talk with the account holders in Cyprus, you will understand there is no such thing that you are \"\"guaranteed to profit a fixed amount each month or year\"\". So, from this point of view, everything is \"\"halal\"\", because nothing is fixed and the risk of losing the principle is alway there.  On the other hand, if you assume that investing a government bond and having a saving account is not halal by definition, you will end up with a situation that every investment is not halal. Suppose you invest in a company. What does the company do with your money? Sure, they will use some of your money to buy equipments, hire new people, and so on. But they will always save some money as cash reserves to meet the short-term and emergency funding needs. Those cash reserves are usually in the form of highly liquid investment, such as short-term bonds, money market funds, savings in a bank account, etc. Because those investments are not halal per definition, is your investment in the company still halal? So in the end, you might just do whatever you want depending on your interpretation.\""}
{"_id": "371309", "title": "", "text": "but it feels like this is being done on purpose to artificially inflate the sales price. Yes. Is there anything unethical or illegal with 2 listing agents disclosing details of the contracts, and using that as leverage for the sellers NOT to come down in price?   No. They're working for the sellers and in the sellers best interests."}
{"_id": "371337", "title": "", "text": "There are legitimate multi currency mutual funds/efts. But I don't think their rate of return will produce the extra money you're looking for any faster than any other kind of investment with comparable risks. To make money fast, you have to accept nontrivial risk of losing money fast, which isn't what you seem to have in mind."}
{"_id": "371341", "title": "", "text": "Some context - Ben Wu, aka Merlini, is one of the most well known figures in the Dota 2 community. He was one of the top professional players in Dota 2's predecessor, DotA, and is now a highly respected commentator and instructor. His success is definitely something that would be very difficult for most people to replicate."}
{"_id": "371369", "title": "", "text": "I think older Americans are definitely in the buy American camp, but they're a dying breed.   My grandpa spent the better part of his life actively avoiding any Asian products. He was a WWII vet who just couldn't support any Asian company. Swore he'd never do it.   His last car purchase? Hyundai. Their improved reliability and warranties sold him. He's since changed his purchasing behavior, but only after far too many shitty American products, including cars.   Excluding American truck buyers, I think the American car love is a generational thing. American automakers shouldn't assume that national pride will save them, because the younger generation doesn't care about invisible lines that divide countries.   Besides, many Toyotas are now more American than American branded cars. It's silly to group them by brand today."}
{"_id": "371389", "title": "", "text": "\"They weren't supposed to buy gift cards, and the coupon had a limit on it.  These people bought gift cards and photocopied the coupon to get as much as $5,000 in free Target gift cards.  That can't happen if you play by the rules.  But I don't care, I wasn't being 100% dictionary-definition literal with my use of the word \"\"cheating.\"\"\""}
{"_id": "371390", "title": "", "text": "My personal gold/metals target is 5.0% of my retirement portfolio. Right now I'm underweight because of the run up in gold/metals prices. (I haven't been selling, but as I add to retirement accounts, I haven't been buying gold so it is going below the 5% mark.) I arrived at this number after reading a lot of different sample portfolio allocations, and some books. Some people recommend what I consider crazy allocations: 25-50% in gold. From what I could figure out in terms of modern portfolio theory, holding some metal reduces your overall risk because it generally has a low correlation to equity markets. The problem with gold is that it is a lousy investment. It doesn't produce any income, and only has costs (storage, insurance, commissions to buy/sell, management of ETF if that's what you're using, etc). The only thing going for it is that it can be a hedge during tough times. In this case, when you rebalance, your gold will be high, you'll sell it, and buy the stocks that are down. (In theory -- assuming you stick to disciplined rebalancing.) So for me, 5% seemed to be enough to shave off a little overall risk without wasting too much expense on a hedge. (I don't go over this, and like I said, now I'm underweighted.)"}
{"_id": "371392", "title": "", "text": "\"I think the real answer to your question here is diversification.  You have some fear of having your money in the market, and rightfully so, having all your money in one stock, or even one type of mutual fund is risky as all get out, and you could lose a lot of your money in such a stock-market based undiversified investment.  However, the same logic works in your rental property.  If you lose your tennant, and are unable to find a new one right away, or if you have some very rare problem that insurance doesn't cover, your property could become very much not a \"\"break even\"\" investment very quickly.  In reality, there isn't any single investment you can make that has no risk.  Your assets need to be balanced between many different market-investments, that includes bonds, US stocks, European stocks, cash, etc.  Also investing in mutual funds instead of individual stocks greatly reduces your risk. Another thing to consider is the benefits of paying down debt.  While investments have a risk of not performing, if you pay off a loan with interest payments, you definitely will save the money you would have paid in interest.   To be specific, I'd recommend the following plan -\""}
{"_id": "371406", "title": "", "text": "Inflation will hurt your landlord, but it won't hurt you. In either case, you have to pay 7200, regardless of how much inflation has increased over two years.  However, they are not equivalent to you. If you take the monthly payment, then you can potentially come out ahead. If you were to take the 7200 and put it in a savings account and just pay monthly then you'll be earning interest that you wouldn't get if you paid up front.  There's a whole lot of other investment options you could go with too, but that's another question. The risk here is that if you go through financial hardship you may be tempted to draw on that 7200 early and come up short for rent one month."}
{"_id": "371420", "title": "", "text": "\"Investing the money is only wise if the return on the investment outpaces your highest interest debt. Otherwise, you are making less than is going out. Given that you are in your late 50's, High risk investments are probably a poor idea.   If you're truly worried about having enough to retire, I would take 15% of that money and put it toward your emergency fund. Then the rest I would use to pay down your highest interest credit line.  You are short on funds right now so I would avoid using the HELOC. Your HELOC is available now, but if times get tight, the bank can decide to freeze your credit line. Instead, if you need a line of credit, look into a personal line of credit. The interest rate wont be as good as your HELOC but it's more stable.  If you haven't already, I would pickup \"\"The Richest Man in Babylon\"\". Read the lessons in it and see if you can use the tools it provides to tighten your situation up. The lessons mostly apply to people in the first half of life, but they are fundamentals regardless. Good Luck! (Information on the HELOC was stolen from Jasper's answer here... HELOC with no first mortgage (for liquidity--no plans to spend it) )\""}
{"_id": "371426", "title": "", "text": "\"Another aspect is decision makers must CONSTANTLY re-evaluate not only the current climate, but the future.   I'm not sure if anyone noticed but the economy and consumer confidence is in the toilet. If business owners arent careful it very well could collapse and in the end if it does fail there is nobody else responsible but themselves.  So in times of success, yes the business owners reap profit, but in tough times so too do they have to take full responsibility and consequences of reality. Salary employees have no such liability, they go to work at 9am and leave at 5pm and while most want increased responsbility because that usually yields increased competition, most have no interest in taking true responsibility for the company's health.   As the sole principal of the company it is wholly his choice what direction and decisions to make for the company. I guarantee you his decision will not be based on vengence or grudge but rather weighing incentives to continue, and being an older gentlemen decide it's no longer worth it and retire.   I've personally see many smaller companies do this in the past 10 years. \"\"Why go through the stress? I've got cash. I'm going to sell or close the company and retire.\"\"\""}
{"_id": "371427", "title": "", "text": "\"&gt; You ARE naive in that you are concerned about employees who have already choosen for the most part their career fates.  You call me \"\"na\u00efve\"\" for being concerned for my fellow man?  How is that \"\"[na\u00efve](http://dictionary.reference.com/browse/naive)\"\"?    Read what I wrote.  I don't disagree with one word of your predictions or your statements about the economy.  These people are absolutely fucked.  I have never said otherwise.  _It simply makes me sad that all these humans will suffer._  That doesn't make me na\u00efve - that makes me a decent human being.  The fact that you are willing to call me names simply because I express concern for these people speaks for itself.  The fact that I've been downvoted heavily for saying it speaks badly of the compassion of the people reading this subreddit.\""}
{"_id": "371432", "title": "", "text": "&gt; You believe there are innate human needs that can be known objectively...  I don't understand how that fits in with anything I wrote.    &gt; I believe that human needs are inherently subjective...  Aside from things like food, water, and air, I agree.  My point is that companies manipulate people to profit themselves sometimes at the expense of the common good.  The fact that not everyone likes M&amp;Ms does not prevent them from doing so.  Do you disagree with this point?"}
{"_id": "371441", "title": "", "text": "Yeah history shows us lower taxes of stock helped the economy soooooo much. Just ask bush and his surplus he turned to a deficit when he lowered taxes, including the taxes capital gains.   Bitch, when I cash my paycheck it's going into the bank, who will take my 50k i got from taxing Donald trump more because now I'm a federal employee, removing 50k from the stock market into the economy.  You act like it would be some disastrous effect to tax the stock market more. Then maybe people wouldn't be pricing companies 10 years out because they have so much money they don't know what to do with it."}
{"_id": "371448", "title": "", "text": "Fair enough. Many different programs to collect forecasts from various populations have been done, and are in fact still currently being run, so I have no info as to how or why what you're doing is any different. This kills a lot of my interest.  My gut feeling is this is some soft social science / liberal arts approach to forecasting. Given no evidence otherwise I'm not really interested but good luck I guess."}
{"_id": "371497", "title": "", "text": "\"Clear malice?  lol   The article isn't even about \"\"the market\"\" it is about the economy.  The article is about how GDP growth is not looking that great.  The stock market can go up for reasons that have nothing to do with a good economy.  If investors believe Trump will cut corporate taxes, stocks should rise, because an investor will make more money when the company pays less in taxes.  Stock prices have gone up, but the economy isn't looking great.\""}
{"_id": "371513", "title": "", "text": "I take it the premise of the question is that we're assuming the person isn't worried about the morals. He's a criminal out for a quick buck. And I guess we're assuming that wherever you go, they wouldn't arrest you and extradite you back to the U.S. As others have noted, you can't just walk into a bank the day you graduate high school or get out of prison or whatever and get a credit line of $100,000. You have to build up to that with an income and a pattern of responsible behavior over a period of many years. I don't have the statistics handy but I'd guess most people never reach a credit limit on credit cards of $100,000. Maybe many people could get that on a home equity line of credit, but again, you'd have to build up that equity in your house first, and that would take many years. Then, while $100,000 sounds like a lot of money, how long could you really live on that? Even in a country with low cost of living, it's not like you could live in luxury for the rest of your life. If you can get that kind of credit limit, you probably are used to living on a healthy income. Sure, you could get a similar lifestyle for less in some other countries, but not for THAT much less. If you know a place where for $10,000 a year you can live a life that would cost $100,000 per year in the U.S., I'd like to know about it. Even living a relatively frugal life, I doubt the money would last more than 4 or 5 years. And then what are you going to do? If you come back to the U.S. you'd presumably be promptly arrested. You could get a job in your new country, but you could have done that without first stealing $100,000. Frankly, if you're the sort of person who can get a $100,000 credit limit, you probably can live a lot better in the U.S. by continuing to work and play by the rules than you could by stealing $100,000 and fleeing to Haiti or Eritrea. You might say, okay, $100,000 isn't really enough. What if I could get a $1 million credit limit? But if you have the income and credit rating to get a $1 million credit limit, you probably are making at least several hundred thousand per year, probably a million or more, and again, you're better off to continue to play by the rules. The only way that I see that a scam like this would really work is if you could get a credit limit way out of proportion to any income you could earn legitimately. Like somehow if you could convince the bank to give you a credit limit of $1 million even though you only make $15,000 a year. But that would be a scam in itself. That's why I think the only time you do hear of people trying something like this is when they USED to make a lot of money but have lost it. Like someone has a multi-million dollar business that goes broke, he now has nothing, so before the bank figures it out he maxes out all his credit and runs off."}
{"_id": "371515", "title": "", "text": "An operating margin will not compare with ROE. If a company has even a small margin on a large turnover and has a comparative lower shareholder equity, it ROE will be much higher. One ratio alone can not analyse a company. You need a full set of ratios and figures."}
{"_id": "371558", "title": "", "text": "\"The debt isn't \"\"paid off\"\" until you've brought the balance back to zero. If you pay less than the full amount, some goes to pay down the balance and some goes to paying interest on the balance, and you're left with a debt on the account (which you add to if you continue using the card or reduce when you make a payment to the card.) Note that the \"\"grace period\"\" in which you can pay off recent charges without paying interest is often available only when you have paid off the card in full... so carrying a balance costs you money on new charges immediately. Check your statements and plan paperwork to see if this applies to you; if it does that's another reason to pay off this debt as quickly as possible. Not to mention that credit card interest rates tend to be moderately obscene.\""}
{"_id": "371560", "title": "", "text": "and I need to upgrade my current home to a larger, longer-term property Would selling your current home give you (at least) a 20% DP on the new home? Take additional cash out of the refinance of the first home to accelerate saving Dittoing D Stanley, that makes no sense. Purchase and move to a second property of greater cost and value to first You'll need to find the new house at the same time you're selling the existing home, and write the new-home purchase contract in such a way that you can back out in case the purchaser of your home backs out."}
{"_id": "371579", "title": "", "text": "\"The Investment Entertainment Pricing Theory (INEPT) has this bit to note: The returns of small growth stocks are ridiculously low\u2014just 2.18   percent per year since 1927 (versus 17.47 percent for small value,   10.06 percent for large growth, and 13.99 percent for large value). Where the S & P 500 would be a blend of large-cap growth and value so does that meet your \"\"beat the market over the long term\"\" as 1927-1999 would be long for most people.\""}
{"_id": "371602", "title": "", "text": "I vaguely remember a bit in Transmetropolitan where a mom saves up for years in order to buy her child cellulose-digesting bacteria, so he won't have to be hungry ever again.  As much as I think that shouldn't be necessary, I also find it hard to consider the possibility a bad thing."}
{"_id": "371621", "title": "", "text": "\"You'd need to know the delta and the theta of the option. You can either calculate them yourself using a model like Black-Scholes (assuming you have a market price and can imply a volatility, and know the other factors that go into the model) or, you can see if your broker quotes \"\"greeks\"\" as well (mine does). The delta is the sensitivity (rate of change in value) to the underlying stock price, and the theta is the sensitivity to time passing (usually expressed in $/day).  So if your option has a delta of .5 and a theta of -.04, when one day passes and the underlying stock goes up $3, the option will gain roughly $1.50 due to the underlying stock price and lose $0.04 due to time passing.\""}
{"_id": "371624", "title": "", "text": "The way you ask this is interesting, it implies (quite correctly) that for many, an annual bill for house insurance, property tax, etc, can turn into an emergency. My answer to the true emergency is a breakage that can't be foreseen (although you have to know the furnace isn't going to last forever) or a medical bill that's not covered (our dental is limited and the Mrs root canal can be $1000 out of pocket)"}
{"_id": "371625", "title": "", "text": "$1 more an hour = $160 a month...a few matching expenses and it probably increases payroll less than $200 an employee a month. Does anyone really believe that there is no money in personal care/health care? For evey 5 employees it is $1K more a month. That kind of money is next to insignificant in the industry, and the bosses probably spent more on that on food on the company card."}
{"_id": "371633", "title": "", "text": "&gt;The only explanation I can imagine is that production costs are too high.    I think this is precisely it.  It costs too much to produce in the us, so production is outsourced.  Given that many people are payed based on working in production jobs, outsourcing leads to less money.  So eventually, the US will lose money until the point where production in the US is cheap enough to bring it back.    But anyway, my point was that interpretation of Keynesian economics by a few people does not mean that Keynesian economics are wrong.  These people may simply have an interest in not mentioning the exporting of production jobs.  In which point they would be willfully manipulating the paradigm."}
{"_id": "371672", "title": "", "text": "The Euro will collapse because Spain, Italy, Portugal and Greece will have to default on their debt. In order to keep up with current payments they have to take emergency loans at the same time that their economies are in recession and demands on social programs are increasing. There is simply no way that they can cut enough spending and raise enough revenue to balance their budgets. That is not opinion, it is arithmetic.   If they cannot pay their loans they will either voluntarily leave the Euro, or they will be forced out.   Next comes France who also has a large and growing budget deficit and a large public debt. It is unsustainable. That which is unsustainable will end.   The last reason that the Euro will fail and that it will be soon is Germany. Up to now, all the bailouts of Ireland, Portugal, Italy, Greece and Spain have come predominantly from Germany. In order to float the Eurobonds that some idiots think might save Europe, the German people have to authorize their government to participate and thereby take on another mountain of debt. The German people will not vote for that authorization.  Is that enough reasons? Because there are more. Lots more. Read [Mike Shedlock](http://globaleconomicanalysis.blogspot.com)"}
{"_id": "371705", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.pewresearch.org/fact-tank/2017/10/06/a-closer-look-at-who-does-and-doesnt-pay-u-s-income-tax/) reduced by 91%. (I'm a bot) ***** &gt; Nearly all income tiers above $100,000 paid higher shares of total income tax in 2015 than they did in 2000.  &gt; Effective tax rates - calculated as the total income tax owed divided by adjusted gross income - also rise with income.  &gt; In 2013, the 3.6 million corporations that reported net income on their returns owed corporate income tax equal to 15.2% of their total pretax profits after all credits were applied, according to our analysis of IRS data.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74vkkn/who_pays_us_income_tax_and_how_much/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~223924 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **income**^#2 **taxes**^#3 **rate**^#4 **deduction**^#5\""}
{"_id": "371717", "title": "", "text": "\"Document how you came to have the stuff in the first place. First to defend against potential government inquiry; and second to establish that you held the asset more than one year, so you qualify for long-term capital gains rate.  I wouldn't sell it privately all at once, if you can avoid it.   If you can prove you held it more than a year,  you should pay the long-term capital gains tax rate, which is fairly low.  You'll keep most of it.  A huge windfall often goes very badly. People don't change their financial habits, burn through their winnings shockingly fast, overspend it, and wind up deep in debt.  At the end of the crazy train, their lives end up worse.   That wasn't your question, but you'll do better if you're on guard for that, with good planning and a desire to invest it in things which give you deferred income in the future. That's the cooler thing, when your investments mean you don't have to go to work! I don't mean donate ALL of it to charity. But feel free.  If you hold a security more than one year, and donate it to charity, you get a tax deduction for the appreciated value (even though the security didn't actually cost you that). (link) Do not convert the BTC to cash then donate the cash. Donate it as BTC.  Your tax deduction works against your highest tax bracket.  If you are paying in a 28% tax bracket (your next $100 of income has $28 tax), then for every $100 of charitable donation, you get $28 back on Federal. It does the same to state tax, and you also avoid the 10-15% capital gains tax because you didn't sell the securities.  Do your 1040 both ways and note the difference.***** Your charitable deduction of appreciated securities is capped at 30% of AGI.  Any excess will carryover and becomes a tax deduction for the next year, and it can carryover for several years. **  Use a donor-advised fund. If you have are donating more than $5000, you don't need to search for a charity that will take Bitcoin, and you also don't need to pick a charity now.  Instead, open a special type of giving account called a Donor-Advised Fund.  The DAF, itself, is a charity. It specializes in accepting complex donations and liquidating them into cash.  The cash credits to your giving account.  You take the tax deduction in the year you give to the DAF.  Then, when you want to give to a charity, you tell the DAF to donate on your behalf***.   You can tell them to give on your behalf anonymously, or merely conceal your address so you don't get the endless charity junk mail.   The DAF lets you hold the money in index funds, so your \"\"charity nest egg\"\" can grow with the market.  Mine has more than doubled thanks to the market.  This money is no longer yours at this point; you can't give it back to yourself, only to licensed charities. The Fidelity Donor Advised Fund makes a big thing of taking Bitcoin, and I really like them. **** I love my DAF, and it has been a charitable-giving workhorse.  It turns you into a philanthropist, and that changes you life in ways I cannot describe. Certainly makes me more level-headed about money.   Lottery winner syndrome is just not a risk for me (partly because I'm now on the board of charities, and oversee an endowment.)  Donating generally will reduce suspicion (criminals don't do that), but donating to a DAF even moreso.  Since the DAF would have to return ill-gotten gains, they're involved.  Their lawyers will back you up.  The prosecutor is up against a billion dollar corporation instead of just you.  With Fidelity particularly, Bitcoin is a crusade for them, and their lawyers know how to defend Bitcoin.  A Fidelity DAF is a good play for that reason alone IMO.  ** The gory details: Presumably you are donating to regular charities or a Donor Advised Fund, and these are \"\"50% limit organizations\"\". Since it's capital gains, you have a 30% limit. If your donation is more than 30% of AGI, or if you have carryover from last year, you use Worksheet 2 in Publication 526. You plug your donations into line 4, then the worksheet grinds through all the math and shows what part you deduct this year and what part you carryover to the next year.  *** I specifically asked managers at two DAFs whether they were OK with someone donating a complex asset to the DAF, and immediately giving the entire cash amount to a charity.  The DAF doesn't get any fees if you do that.  They said not only are they OK with it, most of their donors do exactly that and most DAF accounts are empty.  They make it on the 0.6% a year custodial fee on the other accounts, and charitable giving to them.    Mind you, you can only donate to 501C3 type charities, what IRS calls \"\"50% limit organizations\"\".  This actually protects you from donating to organizations who lie about their status.  **** I'm not with Fidelity, but I am a satisfied DAF customer.  The DAF funds its overhead by deducting 0.6% per year from your giving account. If you invest the funds in a mutual fund within the DAF, that investment pays the 0.08% to 1.5% expense ratio of the fund.   I can live with that.  ***** I just Excel'd the value of donating $100 of appreciated security instead of taking it as capital gains income.  28% Fed tax, 15% Fed cap gains, 8% state tax on both.  Take the $100 as income, pay $23 in cap gains tax.  Donate $100 in securities, the $23 tax goes away since you didn't sell it. Really.  The $100 charitable deduction offsets $100 in income, also saving you $36 in regular income tax.  Net tax savings $59.  However you lost the $100!  So you are net $41 poorer.  It costs you $41 to donate $100 to charity.  This gets better in higher brackets.\""}
{"_id": "371719", "title": "", "text": "I'm not disputing that. I just said in answer to the guy pointing out that indonesian people earn less that this price might be higher than what the locals pay. Often hospitals will have higher prices for foreigners with insurance etc. So I was actually strengthening your point."}
{"_id": "371720", "title": "", "text": "Most of stock trading occurs on what is called a secondary market. For example, Microsoft is traded on NASDAQ, which is a stock exchange. An analogy that can be made is that of selling a used car. When you sell a used car to a third person, the maker of your car is unaffected by this transaction and the same goes for stock trading. Still within the same analogy, when the car is first sold, money goes directly to the maker (actually more complicated than that but good enough for our purposes). In the case of stock trading, this is called an Initial Public Offering (IPO) / Seasoned Public Offering (SPO), for most purposes. What this means is that a drop of value on a secondary market does not directly affect earning potential. Let me add some nuance to this. Say this drop from 20$ to 10$ is permanent and this company needs to finance itself through equity (stock) in the future. It is likely that it would not be able to obtain as much financing in this matter and would either 1) have to rely more on debt and raise its cost of capital or 2) obtain less financing overall. This could potentially affect earnings through less cash available from financing. One last note: in any case, financing does not affect earnings except through cost of capital (i.e. interest paid) because it is neither revenue nor expense. Financing obtained from debt increases assets (cash) and liabilities (debt) and financing obtained from stock issuance increases assets (cash) and shareholder equity."}
{"_id": "371737", "title": "", "text": "It's explained in the article that you need a critical mass to reach profitability. Not sure what you're arguing here.   Edit: I'm sorry. I got this confused with [another article](https://www.google.ca/url?sa=t&amp;source=web&amp;rct=j&amp;url=/amp/s/techcrunch.com/2017/05/31/uberpool-sf-buzzfeed-documents-burn-rate/amp/&amp;ved=0ahUKEwjI8IqTuKDUAhUByoMKHT7zCHsQFggwMAQ&amp;usg=AFQjCNFMBLxrbnKD1QDka1w0Jm99Xs6OFg&amp;sig2=-efzgIxdqrDmb0j7oAiPyw) I had just read on Uber. Sorry for the attitude."}
{"_id": "371747", "title": "", "text": "True, that Colleges remove the lowest common denominator of ability: students who get F in classes.  If you have a degree, you are probably above average in your mental abilities.  But when it comes to practical knowledge, personality needed for work and in the workplace, work ethics, etc, they are not very beneficial. Actually, all those topics, practical knowledge, personality, work ethics, etc are self-taught or skills you you are born with. Cannot be taught."}
{"_id": "371758", "title": "", "text": "There are a few loan programs that grant exceptions to bankruptcy requirements in the event of extenuating circumstances that can be proven to be outside of your control (i.e. massive medical bills that you used bankruptcy to settle, etc.) however, in order to make the case for this exemption, you would need to make a strong case for your solvency, shown the ability to re-establish your credit reputation since the discharge of your bankruptcy, and would almost certainly have to go through a bank that offers manual underwriting. Additionally, if you are Native American, the HUD-184 program is a great option for your situation as it allows for a wide latitude in terms of underwriter discretion and is always manually underwritten as there is no automated underwriting system developed for the loan program. There are several great lenders that offer nationwide financing (as long as you're in a HUD-184 eligible area) and would be a great potential solution if you meet the qualifying parameter of being Native American."}
{"_id": "371759", "title": "", "text": "Recessions are prolonged by less spending and wages being 'sticky' downward. My currency, the 'wallark', allows a company to pay its workers in it's own scrip instead of dollars which they can use to purchase its goods, thus reducing it's labor costs and allowing prices to fall faster. While scrip in the past purposely devalued to discourage hoarding, the wallark hold's it's purchasing power. The difference is, a worker can only use it to purchase their company's good *on the date the wallark was earned or before*.  In other words, each good is labeled with a date it was put on display for sale, if  a worker earns scrip on that same day, they can trade the scrip for that good, or any good that was on the shelves on that day it was earned *or before that date*. Any good that comes onto market after the date that particular wallark was earned cannot be purchased with that wallark(which is dated), and must be purchased either with dollars or with wallark that was earned on that good's date or after. This incentivizes spending without creating inflation, and allows costs to fall which helps businesses during rough economic times.  Please feel free to read it, and comment on my site! Any feedback is welcome!"}
{"_id": "371801", "title": "", "text": "Who are the enforcers? That sounds like a government.  So we have to wait until someone gets murdered at a house before we then ostracize that house from society? That's seems horribly inefficient. A bad company could just change their address and name over and over to avoid being ostracized.   And how is a company's brand going to be hurt when it's private security company disputes every crime that company commits? Why should a company care about its brand so long as its making tons of money (think about Comcast, for example)?"}
{"_id": "371803", "title": "", "text": "\"I have an MScF (Undergrad Math/Econ) and I currently work in algo trading, I started off on the buy side and then went off on my own after I got a large enough bonus for seed capital,.... :)  Quantitative Finance is not a \"\"small field\"\" within it there are subfields (there are much more subfields that these).  Econometrics/Statistical/Research methods, time series analysis, statistics, stochastic calculus, data mining  Asset Management/Trading: Building testing and implementing models, usually you have an idea, test it and implement it, requires a lot of good time series skills, statistical skills and programming and be good at research.  Modelling/Pricing/Risk, building better pricing models, coming up with elegant solutions, so a strong knowledge of stochastic calc, Differential Equations, Partial Differential Equations, Monte Carlo Simulations, etc  12 Months will not make you an expert in any of the above. You may learn enough to understand it. Quant Finance is something you learn by doing, yes you need to understand the theory but its just theory until you start to implement it.   Finally if you do an MFin/MscF/MFE make sure there is a THESIS otherwise it will be tough to do a PhD after.  If you want a taste, grab some R/Matlab/Whatever and try and program some common SSRN papers..\""}
{"_id": "371821", "title": "", "text": "Make sure to check the language describing the 'discount'. The company may be matching your contribution by 5% instead of a discount.  You will likely be taxed on the match as compensation and your benefit would net to less than 5%.   The next risk is that you've increased your exposure if your company does poorly.  In the worst case scenario you could lose your wages to a layoff and your portfolio to a falling share price.  Investing in other companies will diversify this risk. As for benefits, you get the 5% (less taxes) for free which isn't a bad thing in my book. Just don't put everything you own into the stock.  It should be part of your overall investing strategy."}
{"_id": "371838", "title": "", "text": "\"So the end is food, and the means is abuse?  Or is the \"\"means\"\" raising an animal?  Abuse is superfluous, so it can't be part of the means.    And by using dogs and bears I am *illustrating* my argument (have you somehow never encountered this before?), not changing it. My argument is the same: **raising an animal for food or otherwise by no means gives you the right to abuse it**, whether it's a turkey, a cow, a dog or a cat.  Do turkeys hold some kind of special abuse-friendly status for you?  I mean, you've already conceded that you feel the same way towards dogs and bears, so I don't see why it matters if you think it's changing the argument or not.\""}
{"_id": "371839", "title": "", "text": "Printing money doesn't mean that their wealth increases. It just devalues the money they already have. So it will just take more money to buy goods from another country. Printing money will also lead to over inflation which has its own set of problems such as:"}
{"_id": "371859", "title": "", "text": "Where did I say we treat all crimes equivalently?  Didn't.  But I sure as hell will say fraud is fraud and it doesn't matter if you steal pennies a bunch of times to make a million or you steal it all at once.       The crimes ARE accurately measured in the article.  The $3.7 trillion is not a 'wrong' number nor is it a lie."}
{"_id": "371871", "title": "", "text": "&gt;[**\u041a\u0430\u043a \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0434\u0435\u043d\u044c\u0433\u0438 \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439. \u041f\u0430\u0441\u0441\u0438\u0432\u043d\u044b\u0439 \u0434\u043e\u0445\u043e\u0434! \u041b\u0443\u0447\u0448\u0438\u0439 \u0418\u043d\u0442\u0435\u0440\u043d\u0435\u0442 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043e\u043a 2017 [2:36]**](http://youtu.be/KhoVXuOgCeo)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435, \u043a\u0430\u043a\u0438\u0435 \u043f\u0440\u043e\u0435\u043a\u0442\u044b \u0432 \u0441\u043a\u0430\u043c\u0435 \u0430 \u043a\u0430\u043a\u0438\u0435 \u043f\u043b\u0430\u0442\u044f\u0442. \u0422\u0430\u043a \u0436\u0435, \u0435\u0441\u0442\u044c \u043f\u0440\u043e\u0435\u043a\u0442, \u0432 \u043a\u043e\u0442\u043e\u0440\u043e\u043c \u043c\u043e\u0436\u043d\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^5 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "371880", "title": "", "text": "Yeah, it's a weird way to run a business, and a weird way to evangelize too.    But if he doesn't share their views, neither the employer nor employee would have been happy with the situation.    I think owners of small businesses should be able to hire based on any criteria they want, even if that means they only want to hire punk rockers, atheists, Amish people, whatever.  If it's a company of 10 people who all have to deal with each other everyday, they should be able to form a group of whatever kind of people they want.   In reality, small businesses do hire based on whatever kinds of people they want to have around.  It's just that most of them are smart enough to be subtle about it."}
{"_id": "371886", "title": "", "text": "The matching funds are free money, so it is a very good idea to take that money off the table.  Look at it as free 100% return: you deposit $1000, your employer matches that $1000, you now have $2000 in your 401(k).  (Obviously, I'm keeping things simple.  Vesting schedules mean that the employer match isn't yours to keep immediately, but rather after some time; usually in chunks.) Beyond the employer match, you need to consider what is available for investment in a 401(k).  Typically, your options are more limited then in an IRA.  The cost of the 401(k) should be considered, as it isn't trivial for most.  (The specifics will of course vary, but in large IRA accounts are cheaper.) So, it's about the opportunity costs.  Up to the employer match, it doesn't matter as much that your investment choices are more limited in a 401(k), because you're getting 100% return just on the matching funds.  Once that is exhausted, you have more opportunity for returns, due to having more options available to you, by going with an account that provides more choices. The overall principle here is that you have to look at the whole picture.  This is similar to the notion that you should pay-down your high interest debt before investing, because from the perspective of investing the interest you're paying represent a loss, or negative return on investment, since money is going out of your accounts.  Specific to your question, you have to consider the various types of investment vehicles available to you.  It is not just about 401(k) and IRA accounts.  You may also consider a straight brokerage account, a savings account, CDs, etc.  The costs and returns that you can typically expect are your guides through the available choices."}
{"_id": "371910", "title": "", "text": "\"Cutting workers instead of creating jobs.... that sounds logical--the epitome of a healthier economy!  If Mr. Billionaire-Whiner can't handle losing one or two billion of his multiple billions, he should just quit (looks due past his retiring age anyway) and give the company to someone who can run it without being a pussy.  Way for David Siegel to obliterate First Amendment rights.    \"\"Over the past four years I have had to stop building my dream house, cut back on all of my expenses, and take my kids out of private schools simply to keep this company strong and to keep you employed.\"\"  Hahaha oh wow, seriously??  I feel bad for people who have to work with a CEO who's that much of a public dick.  Hey David, ever wonder what your EMPLOYEES have to sacrifice to keep *their* jobs??? Y'know, your **employees** right?  The people who keep your fucking company afloat???  Without them, you wouldn't have your billions!  If you think you're so well-off without your workers, why don't you fire them all and run the company yourself?  That way you could keep all that you earn.  Go ahead.  Let's see what happens.  No dream house when your current house is probably a million-dollar mansion?  Boo-fucking-hoo.  Excuse me as I pull out my tiniest violin....\""}
{"_id": "371922", "title": "", "text": "\"I will give a slightly different answer which is actually an addendum to JoeTaxpayer's (soon-to-be-edited) answer. Do NOT go to your financial advisor and ask him \"\"How do I go about transferring my Roth IRA to ....\"\"? where .... is whichever broker or mutual fund family that you have chosen from the list that Joe has suggested.  Instead, go to the website of the new group (or call their toll-free number) and tell them \"\"I want to open a Roth IRA account with you and fund it by transferring all the money in my Roth IRA from First Clearing.\"\" Your new Roth IRA custodian will take care of all the paperwork and get the money transferred over at no cost to you except possibly fielding a weepy call from your current financial advisor because he had just ordered his new Lamborghini and now will have difficulty making payments on his auto loan. \"\"Why are you leaving me? After all the years we have had together?\"\" You will need to choose some place to put the money, and I suggest that you use their S&P 500 Index Fund,  not the S&P 500 ETF, just the standard vanilla S&P 500 Index Mutual Fund. This recommendation is almost heresy in this forum, but it is better to pay the extra 0.01% fee that the Fund charges over and above the ETF until you become a little more savvy and are ready to branch out into individual stocks (which is when you really need a brokerage account). Revelation: I have never made the transition and invest only in mutual funds which does not require a brokerage account. After doing all this, pay no attention whatsoever to your Roth IRA investment or how the S&P 500 Index is doing for the  next 20 years. This will help avoid the temptation of taking all your money out just because the Index went down a little. Everybody is told \"\"Buy Low, Sell High\"\" but far too many folks end up doing exactly the opposite: buying because the stock market is up and selling when it starts going down.\""}
{"_id": "371941", "title": "", "text": "If the cards are tied to a specific vendor, they will work only at that vendor. If they're generic cards just charged with a specific amount of money, they should work at any vendor who accepts that card network... though there may be specific exceptions."}
{"_id": "371953", "title": "", "text": "Thank you for your service and sorry to hear about your experience.  I have a number of family and friends who had varying levels of civilian career success upon leaving.  Some good, some bad. They all came out stronger-willed, confident, some with college (that was mostly paid for) and with other transferable skills that made them stand our from their civilian counterparts."}
{"_id": "371990", "title": "", "text": "\"&gt; You mean, like how the lower classes all over the world - billions of people - have been lifted out of poverty by countries adopting economic liberalizations and rollback of government intervention?  1) [You have it backward](https://niskanencenter.org/blog/quality-government-not-size-key-freedom-prosperity/).  2) [Looking at income and liberalizations/interventions is way too myopic](http://www.newyorker.com/cartoon/a16995).  &gt; They DO NOT have the right to have the government steal some of my money because they didn't plan properly.  Ah yes, there is the core Republican narrative that all people are autonomous, independent beings with total freewill and the tools to function normally. Therefore it is not only good but morally required for people to bear the full brunt of their irresponsible behavior.  The older I get, the more I realize how misguided this view is. We are very much products of our environment doing the best we can with what we have.  Your attitude at best maintains inequality and at worst punishes the victim.  &gt; That infrastructure is already paid for. His success creates no additional burden or obligation.  \"\"We do not inherit the Earth from our ancestors; we borrow it from our children.\"\"  &gt; In fact, the healthcare market would grow so rapidly...  If you say so.\""}
{"_id": "371991", "title": "", "text": "There are several differences in these professionals and where you require them are also completely different areas. If you are looking to add that aesthetic appeal to your home, with things like furnishing colours, wall patterns, windows treatments, etc., in that case, a decorator would be useful  and they will design your home in such a way that it\u2019ll not just showcase your trendy lifestyle, but will also add to overall functionality."}
{"_id": "372014", "title": "", "text": "You cannot contribute directly to that 401k account if you no longer work at the sponsoring company - you have to be on their payroll.  You can, however, roll the 401k over into an IRA, and contribute to the IRA. Note that in both cases, you are only allowed to contribute from earned income (which includes all the taxable income and wages you get from working or from running your own business). As long as you are employed (and have made more than $5k this year) you should have no problem. I am not certain whether contributing your $5k to a roth IRA would help you achieve your tax goals, someone else here certainly can advise."}
{"_id": "372036", "title": "", "text": "Years ago I mailed my personal tax return one day after the due date, and my check was deposited as normal, and I never heard anything about it. As an employer, I once sent in my employee's withheld federal taxes one day after the due date, and I later received a letter stating my penalty for being late worked out to be around $600. The letter stated that since this was my first time being late they would waive the fee. In both cases, they could have charged me a late fee if they wanted to."}
{"_id": "372039", "title": "", "text": "\"The debt collection agency needs to see a copy of the notice from the bank that the $300 charge is a disputed and fraudulent charge. Also require them to provide proof. To reduce your stress, you should contact a lawyer to handle the debt collection agency.  Disputing the information on your credit report is exactly the way to \"\"fix\"\" that issue. All they need to see is the bank letter stating that the charges were fraudulent. The credit reports should show that item as disputed for at least a month if not remove it entirely. The bank should be able to provide with copies although you may have to pay a research charge if the information is old enough. I recommend talking to your local branch manager to get what you need.\""}
{"_id": "372051", "title": "", "text": "I assume the same criteria apply for this as your previous question. You want to physically transfer in excess of 50,000 USD multiple times a week and you want the transportation mechanism to be instant or very quick. I don't believe there is any option that won't raise serious red flags with the government entities you cross the boundaries of. Even a cheque, which a person in the comments of OP's question suggests, wouldn't be sufficient due to government regulation requiring banks to put holds on such large amounts."}
{"_id": "372052", "title": "", "text": "Businesses are free to decide what payment methods they accept for their goods and services. Businesses sometimes advertise what credit cards they accept by posting some stickers at their door. When your credit card isn't among them and you don't have enough cash with you, ask about your card before you order. If a business doesn't accept your credit card, your best recourse is to take your business elsewhere. When you already ate there and got into an awkward situation because you assumed that they would accept your card, you might also want to write an online review of the place and warn others to bring cash for their visit (but please be fair in the review. When the food and service are decent, a restaurant doesn't deserve a one star rating just because they don't take credit cards). Note that businesses have good reasons to not accept credit cards. It often means additional cost for them in form of: But there is also a more shady reason. Taking payment in cash means that there is no electronic trail of the transaction. That makes it far easier for an establishment to misreport their income. They might under-report it to evade taxes or over-report it to launder money (both are illegal, of course)."}
{"_id": "372073", "title": "", "text": "Once you make up your mind to go for AV hire, you will have to shortlist the names of companies. In addition to that, you will also have to check out the services available in AV Hire. Right from projection, sound optimization, lighting, recording, stage layouts, computer program management and others, they will offer a plethora of services."}
{"_id": "372105", "title": "", "text": "I understand that ITM have little time value, so they will have small time decay(theta), but why OTM has a lesser theta than ATM? The Time value represents uncertainty.  That uncertainty decreases the farther away from ATM you get (in either direction).  At-the-money, there is roughly a 50% chance that the option expires worthless. As you get deeper in-the-money, the change that is expires worthless decreases, so there is less uncertainty (there is more certainty that the option will pay off).  As you go deeper OTM, the probability that the option expires worthless increases, so there is also less uncertainty. At the TTM decreases, the uncertainty (theta) decreases as well, since there is less time for the option to cross the strike from either direction.  Similarly, as volatility decreases, theta decreases, since low-volatility stocks have a less change of crossing the strike."}
{"_id": "372107", "title": "", "text": "In some case the customer wants the name to be cryptic or misleading. They don't want to advertise the true nature of the business they visited. In other cases the transaction may be reported through another business. A few years ago the local PTA was having a silent auction as a fundraiser. A local business allowed the PTA to use their credit card reader to process transactions over a certain amount. Of course when the credit card statement arrived it looked like you spent $500 at the florist. I have seen PayPal listed when donating to some small charities.  I have noted another case where confusion can occur. I used a debit card to buy a soda from a vending machine: the name and location were the name of the vending machine company and the location of their main office. It didn't say  soda machine city A. It said Joe's vending company city B. In most cases the business and the credit card company want to make it easy to identify the transactions to keep the cost of research and charge backs to a minimum."}
{"_id": "372117", "title": "", "text": "Well, they are doing some of this now already by examining several factors of quality of life, including availability of goods and services, price point and general satisfaction of a geographical population. Really, though, it sounds like a thought process that forgives if you choose not to keep up with the Jones."}
{"_id": "372129", "title": "", "text": "If the IRS has your money (the withholding you mentioned), and you do not owe the IRS any/all of it, you have to file a return to get it back.  No return, no refund."}
{"_id": "372139", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/stocks_picks] [GE misses on earnings and pares back expectations](https://np.reddit.com/r/Stocks_Picks/comments/77zo93/ge_misses_on_earnings_and_pares_back_expectations/)  - [/r/talkbusiness] [GE misses on earnings and pares back expectations](https://np.reddit.com/r/talkbusiness/comments/77zr0f/ge_misses_on_earnings_and_pares_back_expectations/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "372147", "title": "", "text": "You are being a scumbag steve. While you are in Korea and not Japan, little shits like you  are what cause foreigners to get bad treatment by cellphone carriers, landlords, money loaning organizations, etc over here.  That is what happens in Japan and I'm sure it's pretty much the same across the sea in Korea. You hurt not just the company but other people.   Of course you can't judge all foreigners by what one shitty foreigner does, but this is what happens in homogeneous countries such as South Korea and Japan."}
{"_id": "372153", "title": "", "text": "Yep, you have it pretty much right.   The volume is the number of shares traded that day. The ticker is giving you the number of shares bought at that price in a given transaction, the arrow meaning whether the stock is up or down on the day at that price.   Institutional can also refer to pensions, mutuals funds, corporates; generally any shareholder that isn't an individual person."}
{"_id": "372177", "title": "", "text": "A lot of these answers are really weak. The expected value is pretty much the answer.  You have to also though, especially as many many millions of tickets are purchased--make part of the valuation the odds of the jackpot being split x ways. So about 1 in 290--> the jackpot needs to be a take-home pot of $580 million for the $2 ticket. Assume the average # of winners is about 1.5 so half the time you're going to split the pot, bringing the valuation needed for the same jackpot to be $870 million. It's actually somewhat not common to have split jackpots because the odds are very bad + many people pick 'favourite numbers'."}
{"_id": "372196", "title": "", "text": "Another way of explaining the puzzling balance: Right after a particular bill is paid, you have $0 saved to pay that bill the next time.  Just before the bill is next due, you wisely have the whole amount saved;  that's the purpose of the whole process.  So, for that bill, on average over time, you'll have one-half that upcoming bill in the account. But the same argument holds for every one of the upcoming bills.  So, for a large number of bills, with varying sizes and times between occurrence, the average amount in the account will be approximately one-half of the total amount of all the bills that you're saving for."}
{"_id": "372201", "title": "", "text": "Home owners are much aware about their assets and their protector. We are talking about home which is the reliable shelter for everyone. If the home get worst constructed, it won\u2019t able to meet your anticipation. This is the place where a private certifier is needed to ensure, how much your home is secure and capable to withstand various threats."}
{"_id": "372202", "title": "", "text": "It seems my final sentence construction wasn't abundantly clear - self-driving cars will signal the demise of the taxi industry. Uber already have very strong links with Google and are discussing self-driving cars.  Uber will likely be the delivery system that Google use for their self-driving vehicle fleets."}
{"_id": "372204", "title": "", "text": "It is safe to say that you are new to the guideline of a glass bubbler? You should simply envision a bong in a littler size. Glass bubblers are made to have a stem that keeps running down the length of the murmuring chamber. This opens up into a dish that is situated notwithstanding the bubbler. These glass bubblers are unfathomably conservative in size and make it simple to smoke using only one hand. The bubbler is with the end goal that smoke could be taken in from one opening. As to auto mechanics of the bubbler go, it gets on an indistinguishable lines from a glass pipe, with the main refinement being that there are littler chambers on the inside. You can likewise search for glass smoking pipe for sale on web."}
{"_id": "372223", "title": "", "text": "$1000 is not that much, and I think the best you can do with them is keeping them in a high-yield savings account (look at the online savings accounts that give 1% and more, not the regular bank savings accounts which are worthless). If you need money all of a sudden (for a school book, or rent, or bills, or some other emergency expense), you don't want to deal with selling stocks or funds (which may be at loss) or breaking into your CD's. It is usually considered a good practice to keep cash that would keep you afloat for 5-6 months in savings or some cash equivalent, as an emergency fund."}
{"_id": "372226", "title": "", "text": "I\u2019ve seen a bunch of government rfp\u2019s. They almost all have requirements for cobol and mainframe. When the requirements aren\u2019t filled due to skill shortage they close them. Then just open them again later hoping to not have to modernize.   I wish entries had the gumption to just go through the pain. Yes it will hurt and be expensive. But you get to survive. Otherwise things will get old and break. Then there will be no one to fix it."}
{"_id": "372229", "title": "", "text": "We specialize in pedestrian traffic and crowd control stanchions and systems. We sell the best Stanchions (Stantions), Barriers, ADA Compliant Posts, Display Posts,   Heavy Duty Utility Posts, Single and Dual Line Posts, Belts, Ropes, and other crowd control equipment. We strive to take online business to new levels of customer   satisfaction, convenience and value for both the consumer and business."}
{"_id": "372233", "title": "", "text": "Equal-weight ETFs remove the large cap bias found in most popular indexes. What results behaves very much like a small-cap or mid-cap index. Observe RSP vs IJR over a 5 year period: IJR (iShares S&P SmallCap 600 ETF) vs RSP (Rydex S&P Equal Weight ETF)  I'm not sure if equal-weighting is worth the reduced efficiency. Mid-cap and small-cap funds have lower expenses (%0.20 for IJR vs %0.40 for RSP) and appear to do better over the long run. We don't know if that pattern will continue, but expense is one of the strongest long-term predictors of performance."}
{"_id": "372243", "title": "", "text": "GTA PROMOTIONAL is one of the largest factory suppliers of promotional products in the Greater Toronto Area. The Best part is that designing your artwork is simple and fast. Our lab is built with you as a primary concern, We present to you a variety of T-shirts, embroidery, sports bottles, screen print, patches, bags, coffee mugs, pens, pen drives and other attire items, and substantially more all at tremendously low costs and we continue to improve the steps to make transferring or designing on the web a breeze."}
{"_id": "372274", "title": "", "text": "Are you searching the Internet for properties to rent? Here at Knights Estate Agents, we can make that endeavour a lot easier. We feature a long list of rentable properties on our website that you can easily sort using our search tool. These properties also have informative details and high-quality images so you can have an idea of where you will be residing soon. Look for properties today at https://knightsproperty.co.uk/."}
{"_id": "372282", "title": "", "text": "\"&gt; I was saying a lot of people dont understand that. They see they spent X at Chilis (processing) and assume it to be fact. I don't understand why you're having such a difficult time with this concept.   And the solution -- keeping an ACCURATE and independent checkbook register (rather than relying on an \"\"online balance\"\") is still the same.  &gt;Also comparing swiping a debit card as credit to writing a check (in terms of when they show up on your account) is a terrible comparison.  Nope. It's the same thing.  You're still talking about a discrepancy between what has been processed, versus what you have ACTUALLY spent.  &gt;And calling me ignorant because I don't need the help writing down where my money is at or goes is pretty ironic.  Well, if you're having problems with overdrafts (as you claimed you had) then rather obviously you DO need help (or at least you need to own up to where the problem lies -- your faulty \"\"memory\"\" of what you spent).\""}
{"_id": "372283", "title": "", "text": "Should voters care? What is the scenario in which this debt actually becomes a problem? It seems to me that the money from this debt is largely going into the pockets of US Citizens, so less debt would mean less prosperity for Americans. What are the arguments against this assumption?"}
{"_id": "372294", "title": "", "text": "&gt;No, it's not. The bank can't just jack up prices when they've got competitors, after all.  Yeah, you don't understand how this stuff works. The cost of changing banks is so high most people just grumble and eat it. It took a *massive* national campaign to switch to Credit Unions and *still* only 250K people did.   &gt;Again, if the bank has even one competitor who didn't suffer as much or any damage, customers aren't just going to suck it up.  Again, wrong.   &gt;I'm not remotely an anarchist  No wonder you seem to be somewhat more reasonable than most of them I've spoken to.   &gt;Brute force supports the existing regime. That's basically it.  And the *image* that this is legitimate is what allows them to wield force without retribution."}
{"_id": "372296", "title": "", "text": "From a stats perspective, a sample of 100 should be more than enough to grab a normalized distribution. While the tail end (less than 1 percent) might not have granularity, the article is supposed to capture the experience of the majority of candidates, which a sample of 100 should do fine. That said, knowing plenty of Amazonians, some  love it, some don't. The article probably has bias in the people who chose to respond, but the sample size is fine."}
{"_id": "372308", "title": "", "text": "&gt;Look most of the time you can manage it sure.  It is managed all the time. Even in the hypothetical crisis, it is still being managed.  &gt;But without the lender of last resort(central bank) bank runs would happen and failures would be common, like in 19th century.  One of the principal reasons for a lender of last resort. However, the system functions perfectly well without a lender of last resort unless there is also a hardening of the interbank market.  &gt;The only way to stabilise fractional reserve banking  It is not the only way. It is the best way in many respects. We could also change the terms and conditions of deposits such that all deposits require notice or have fixed term etc etc. This is without even considering what can be achieved with derivative instruments.  &gt;can abuse its power  It can also not abuse its power. See the Bundesbank of West Germany, or the central banks of Australia or New Zealand. Even the Federal Reserve Banks are actually not terrible in the global scale of central banks.  &gt;excess credit expansion causing economic bubbles  Economic bubbles occur independently of the presence of a central bank. See the 'Tulip Madess'."}
{"_id": "372319", "title": "", "text": "Say what you want about their prices but I still go there twice a month because:  * The marbling on their beef is significantly better than what I can get at Safeway  * Their cheese selection is far better in variety and quality, and their employees are much more knowledgeable than Safeway  * They actually have a cured meats section. I love me calabrese salami with a nice malbec.  95% of my grocery shopping is done at Safeway (can't beat $2/lb chicken), but the 5% when I'm feeling fancy it's pretty hard to beat Whole Foods."}
{"_id": "372320", "title": "", "text": "Women have to be represented in the global economy or it'll cost the world a shit ton of $ later on. There's a bunch of underbanked women around the world due to laws and Everex allows them to get microloans and/or execute deals in a micro finance fashion."}
{"_id": "372350", "title": "", "text": "The answer to question 1 is yes, you can always reduce your loan when you remortgage by introducing additional funds. There is some possibility a (relatively) small charge might be applicable for managing the marginally more complex transfer, but it shouldn't be too much.. The answer to question 2 is NONE of your over payment amounts would have gone on interest, but you MIGHT incur penalty charges. Interest is only charged on the outstanding loan amount (i.e. \u00a3100K initially, reducing to \u00a385K over 2 years in your example) at the interest rate determined by your mortgage agreement - there is no 'paying off interest' as such. Over payments are essentially all capital payments, reducing the principal/loan amount, so no additional interest would be paid if you opted for over payments. If you used your \u00a310K to made the over payments throughout the 2 year fixed period you would in fact have paid LESS interest by the end of the 2 years, because you would be reducing the loan amount at a quicker rate, and thus the interest you pay each month (based on the lower outstanding loan at that time) would be lower. BUT... over payments might have attracted over payment penalties (typically a percentage of the amount you pay) and these penalties often mean it's not worth doing. Most fixed term mortgages have such penalties, but it depends on the agreement, and many mortgages also allow you to make over payments up to a certain amount each year before you get hit. Edit (additional suggestion): If the example you provide is one based on what you expect might happen to you over the next couple of years, something you could CONSIDER is an offset mortgage. Here your \u00a310K that you accumulate reduces your interest through the 2 years, but you keep it in savings where you can access it if you need to. Accessing it will then cause a corresponding rise in interest payments, but to no higher level than you would have been paying if you had nothing in the savings in the first place. You usually pay a slightly higher interest rate for these sort of mortgage, so it's impossible to know if it would be more economical, and how appropriate it would be for you in other respects depends on many factors."}
{"_id": "372355", "title": "", "text": "I'm assuming you mean 4-6% annually over 10-15 years.  If you mean 4%-6% total return over 10 years then this question is easy just find your local country's 10Y bond and that should likely cover it (though barely if you are German). So 4%-6% annually is not a big stretch but it does require some risk and at least a bit of work.  A fire-and-forget good mix would include (using index mutual funds or etfs) Some internet research and a one-time meeting with a financial adviser who is paid by you (not paid on commission) should help you set the right balance of these index funds and be a good check on what I'm advising. If you are willing to do a tiny bit more work it's well worth starting with a heavier weight on the riskier stocks and ex-European funds (more currency risk) and then every 2-3 years slowly move into safer stocks and Euro-based funds.  With that tiny amount of extra work there you can make it much more likely that you will end within your 4-6% range while taking significantly less risk overall."}
{"_id": "372360", "title": "", "text": "Yes, but only if they're looking for investors. You would need to contact them directly. Unless you're looking to invest a significant sum, they may not be interested in speaking with you. (Think at least 6 figures, maybe 7 depending on their size and needs). This is otherwise known as being a Venture Capitalist. Some companies don't want additional investors because the capital isn't yet needed and they don't want to give up shares in the profit/control. Alternatively, you could try and figure out which investment groups already have a stake in the company you're interested in. If those companies are publicly traded, you could buy stocks for their company with the expectation that their stock price will increase if the company you know of does well in the long run."}
{"_id": "372374", "title": "", "text": "\"More to the point, once you've gone through the trouble to accumulate a hoard of dollar balances, what *else* are you going to do with it?  If you're not going to buy goods and services for sale in dollars, you may as well shift some of those dollar balances into an interest-bearing account, which is what \"\"buying US debt\"\" is.\""}
{"_id": "372381", "title": "", "text": "\"You're talking about modern portfolio theory. The wiki article goes into the math. Here's the gist: Modern portfolio theory (MPT) is a theory of finance that attempts to maximize portfolio expected return for a given amount of portfolio risk, or equivalently minimize risk for a given level of expected return, by carefully choosing the proportions of various assets. At the most basic level, you either a) pick a level of risk (standard deviation of your whole portfolio) that you're ok with and find the maximum return you can achieve while not exceeding your risk level, or b) pick a level of expected return that you want and minimize risk (again, the standard deviation of your portfolio). You don't maximize both moments at once. The techniques behind actually solving them in all but the most trivial cases (portfolios of two or three assets are trivial cases) are basically quadratic programming because to be realistic, you might have a portfolio that a) doesn't allow short sales for all instruments, and/or b) has some securities that can't be held in fractional amounts (like ETF's or bonds). Then there isn't a closed form solution and you need computational techniques like mixed integer quadratic programming Plenty of firms and people use these techniques, even in their most basic form. Also your terms are a bit strange: It has correlation table p11, p12, ... pij, pnn for i and j running from 1 to n This is usually called the covariance matrix. I want to maximize 2 variables. Namely the expected return and the additive inverse of the standard deviation of the mixed investments. Like I said above you don't maximize two moments (return and inverse of risk). I realize that you're trying to minimize risk by maximizing \"\"negative risk\"\" so to speak but since risk and return are inherently a tradeoff you can't achieve the best of both worlds. Maybe I should point out that although the above sounds nice, and, theoretically, it's sound, as one of the comments points out, it's harder to apply in practice. For example it's easy to calculate a covariance matrix between the returns of two or more assets, but in the simplest case of modern portfolio theory, the assumption is that those covariances don't change over your time horizon. Also coming up with a realistic measure of your level of risk can be tricky. For example you may be ok with a standard deviation of 20% in the positive direction but only be ok with a standard deviation of 5% in the negative direction. Basically in your head, the distribution of returns you want probably has negative skewness:  because on the whole you want more positive returns than negative returns. Like I said this can get complicated because then you start minimizing other forms of risk like value at risk, for example, and then modern portfolio theory doesn't necessarily give you closed form solutions anymore. Any actively managed fund that applies this in practice (since obviously a completely passive fund will just replicate the index and not try to minimize risk or anything like that) will probably be using something like the above, or at least something that's more complicated than the basic undergrad portfolio optimization that I talked about above. We'll quickly get beyond what I know at this rate, so maybe I should stop there.\""}
{"_id": "372417", "title": "", "text": "\"Here are some things to consider if you want to employ a covered call strategy for consistent returns. The discussion also applies to written puts, as they're functionally equivalent. Write covered calls only on fairly valued stock. If the stock is distinctly undervalued, just buy it. By writing the call, you cap the gains that it will achieve as the stock price gravitates to intrinsic value. If the stock is overvalued, sell it, or just stay away. As the owner of a covered call position, you have full exposure to the downside of the stock. The premium received is normally way too small to protect against much of a drop in price. The ideal candidate doesn't change in price much over the life of the position. Yes, this is low volatility, which brings low option premiums. As a seller you want high premiums. But this can't be judged in a vacuum. No matter how high the volatility in absolute terms, as a seller you're betting the market has overpriced volatility. If volatility is high, so premiums are fat, but the market is correct, then the very real risk of the stock dropping over the life of the position offsets the premium received. One thing to look at is current implied volatility for the at-the-money (ATM), near-month call. Compare it to the two-year historical volatility (Morningstar has this conveniently displayed). Moving away from pure volatility, consider writing calls about three months out, just slightly out of the money. The premium is all time value, and the time value decay accelerates in the final few months. (In theory, a series of one-month options would be higher time value, but there are frictional costs, and no guarantee that today's \"\"good deal\"\" will be repeatable twelve time per year.) When comparing various strikes and expirations, compare time value per day. To compare the same statistic across multiple companies, use time value per day as a percent of capital at risk. CaR is the price of the stock less the premium received. If you already own the stock, track it as if you just bought it for this strategy, so use the price on the day you wrote the call. Along with time value per day, compare the simple annualized percent return, again, on capital at risk, measuring the return if a) the stock is called away, and b) the stock remains unchanged. I usually concentrate more on the second scenario, as we get the capital gain on the stock regardless, without the option strategy. Ideally, you can also calculate the probability (based on implied volatility) of the stock achieving these price points by expiration. Measuring returns at many possible stock prices, you can develop an overall expected return. I won't go into further detail, as it seems outside the scope here. Finally, I usually target a minimum of 25% annualized if the stock remains unchanged. You can, of course, adjust this up or down depending on your risk tolerance. I consider this to be conservative.\""}
{"_id": "372446", "title": "", "text": "I don't know how you're not understanding where you're in the wrong here. I really don't. You've already admitted that the things I said about not everyone having equal opportunity are correct. Yet here you are, still pretending that that didn't happen, still dead set in your views that everyone should just find a better job that pays them more money.  You've said that you agree that not everyone can just up and get a better job, but yet you still are spouting nonsense saying that they should. You have yet to mention what happens to those who  CAN'T do that (whom you have already admitted exist).   I don't know if you have a reading comprehension issue or what your deal is, but you really need to just go away. What have you said that isn't factually correct? How about EVERYTHING that you've said? None of your opinion is based even a little bit in reality."}
{"_id": "372457", "title": "", "text": "Just buy a FTSE-100 tracker. It's cheap and easy, and will hedge you pretty well, as the FTSE-100 is dominated by big mining and oil companies who do most of their business in currencies other than sterling."}
{"_id": "372464", "title": "", "text": "From watching the hearings and reading the papers, it appears that JPMs London Office entered into a hedge-like position that was meant to hedge against a worldwide economic downturn. As far as I know, JPM corporate found this position on their own (probably alerted by the huge mark-to-market losses) and it was not found by some outside manager.  That position itself was a hedge that turned out not to be a very good hedge, and upon this finding it was determined that JPM needed to exit this hedge. Unfortunately, the position had lost a substantial amount even by this point. This, according to Dimon, was because this particular group had been very successful in previous years and was not subject to the same regulations as most other groups.  JPM has been very quiet about the details, because they don't need the position getting any more out of control than it already is. I assume some market participants have a good idea on what it is exactly, given its size, but I do not.   It is not really like LTCM, which was not hedging and were supposed to be taking arbitrage positions in the market. It is also unlike LTCM is myriad ways (being 1 major position, $8B is not the same to JPM as to LTCM, JPM will almost 100% take the full loss, etc).  I would recommend watching [this](http://www.c-spanvideo.org/program/306502-102). Dimon clearly thinks the position was very unwise, and they are unwinding it, but details will be in short supply until JPM gets out of the position."}
{"_id": "372470", "title": "", "text": "\"&gt;with the help of its auditor, PricewaterhouseCoopers, Caterpillar had devised a way to shift billions in profit to Switzerland to avoid U.S. taxes.  it seems like the system is broken  edit:  whats the fucking point of having an \"\"auditor\"\" if this is how its played in the big leagues?  or is \"\"auditor\"\" the new inside-joke sarcastic term for \"\"co conspirator\"\" and I'm just slow on the draw here\""}
{"_id": "372473", "title": "", "text": "You do. They're in your digital wallet which can be on your phone, computer, thumb drive, on cloud storage or wherever you want to keep it. Multiple backups. There are many videos on Youtube that will explain how it all works."}
{"_id": "372474", "title": "", "text": "ok if you haven't rolled in the 401k assets yet, you're fine and should put them into a traditional.  if your earnings + roth conversions will put you at or below your anticipated tax bracket during retirement, then the roth conversion might make sense.  in some cases, employers will give you a roth 401k option, but you are right that it's not the default."}
{"_id": "372481", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/09/29/Uncertainty-Financial-Frictions-and-Nominal-Rigidities-A-Quantitative-Investigation-45246) reduced by 49%. (I'm a bot) ***** &gt; The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.  &gt; Are uncertainty shocks a major source of business cycle fluctuations? This paper studies the effect of a mean preserving shock to the variance of aggregate total factor productivity and to the dispersion of entrepreneurs&amp;#039; idiosyncratic productivity in a financial accelerator DSGE model with sticky prices.  &gt; While surprise increases in micro uncertainty have a larger impact on output than macro uncertainty, these account for a small share of output volatility.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73blr1/imfuncertainty_financial_frictions_and_nominal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219247 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **uncertainty**^#1 **IMF**^#2 **shock**^#3 **paper**^#4 **view**^#5\""}
{"_id": "372497", "title": "", "text": "\"The biggest problem with the company was that they had really good employees for a long time who were passionate about their jobs, but they then made progressing through the company awful in certain regions. For instance, at one point, if you wanted to become an assistant manager of your department, you had to agree to a rotation within your metro stores for what was basically a two dollar raise. You might start at a store two miles from your home, and then end up 30 miles from home. Then, six months later, be 40 miles away. So, a lot of people who were intelligent, looked at that and said \"\"Yeah, I can just stay here and make two dollars less. I live down the street.\"\"  But, the worst part was: their employees were able to make the shitty systems work most of the time. So they were never viewed as shitty, despite the fact that their employees routinely told them of their shittiness and how awful they were to use.  Then they laid off the several thousand people (they used some very interesting calculations to come up with their 1500 person layoff figure a while back) who were responsible for keeping the ship afloat, and put all those duties on the backs of other people.  Disclosure: I was out before the layoffs. Left of my own free will, and still like the people I worked with. I left because I looked at moving up and was like: NOPE. These people are morons.\""}
{"_id": "372506", "title": "", "text": "Not at all.  If your background is similar to mine, a manufacturing engineer, we'll have common ground.  If your in finance or management or printing or services sector I'll tell you my story at bit more detailed.    Relax, I am not going to attack you personally or something like that.  Look at it this way, if we really get to know each other this will some much more to hate on then the simple ad hominem attacks."}
{"_id": "372551", "title": "", "text": "Try using technical analysis, look at the charts and look for stocks that are uptrending. The dfinition of an uptrend being higher highs and higher lows. Use a stochastic indicator and buy on the dips down when the stochastic is in the oversold position (below 20) and and crossing over about to turn back upwards. Or you can also use the stochastic to trade shares that have been ranging between two prices (say between $10 and $12) for a while. As the price approaches the $10 support and the stochastic is in oversold, you would buy as the price rebounds off the $10 support and the stochastic crosses and starts rebounding back up. As the price starts reaching the resistance at $12 (with stocastic in overbought at above 80) you would look to sell and take profits. If you were able to do short selling in the competition, you could short sell at this point in time and make profits on the way up as well as on the way down. There are many more techniques you could use to set up trade opportunities using technical analysis, so it may be a subject you could research further before the comptition begins. Good luck."}
{"_id": "372581", "title": "", "text": "Deciding the business valuation Minneapolis isn\u2019t an easy task and this requires a perfect graph. While you have decided on the values you need to avoid the following four don\u2019ts that will save you from suffering any loss in the selling process. Click below:"}
{"_id": "372615", "title": "", "text": "If there was no question of improvements to the property, the problem would be simple. Each person invests whatever amount. Calculate the percentage of each person's investment out of the entire investment, and that's what share each one owns. Like: A puts in $10,000 for the deposit and pays $5,000 toward the mortgage over the next however many years. B puts in $5,000 toward the deposit but pays $7,000 of the mortgage. C puts in $15,000 but pays only $1,000 of the mortgage payments. So total investments: A - $15,000, B - $12,000, C - $16,000. Total - $43,000. So A's share of the house is 15,000/43,000 = 34.9%. Etc. If you then sell it you pay off any outstanding debt, and then everybody gets their share of what's left. But once you start making improvements, there is no simple formula. Suppose you put down new flooring in the dining room. You pay $500 for materials and put in 20 hours of labor. Presumably you have now added something more than $500 to your share, but how much more? How much are the hours worth? What if someone damages the house -- puts a hole in the all or something -- and then fixes it. Does the time and effort they put into fixing it add to their investment, or did that just cancel out the damage they did? What if one person does a lot to keep the house in generally good condition in small snippets of time, like cleaning furnace filters and polishing the floors, while another does nothing and lets their share get run down and dirty? It gets very complicated. Theoretically you could come up with a rate at which you value your work -- like say every hour spent maintaining the house is worth $10 or $20 or whatever. But who's going to keep track of it over the course of potentially many years? And what if one person does a small number of big, easily quantifiable jobs, while another does many small, hard-to-count jobs? Like if A mops the floor every week for 2 years, is that worth more or less than B installing 3 ceiling fans, a door, and 2 windows? You could go around and around on this sort of thing."}
{"_id": "372641", "title": "", "text": "My parents hooked up at a highschool party when they were 17. I was born because they most definitely were not careful.  That being said, when my mother met my stepdad when I was 3, we lived with him in his mom's house. He had just started as a cop and we were very poor for a very long time. The reason we were so poor was because my dad was investing the majority of his money. Investing in stocks, his pension anything he could. He worked graveyards for years. He eventually got a new job and when he retires in a few years, his pension and a handful of really good investments is going to net him just over a million dollars. So this whole article is kinda bullshit to me."}
{"_id": "372654", "title": "", "text": "\"What folks here don't get is it's generally in the industries interest to not mislead. As you may have noticed, folks don't like being mislead. Yes, it happens, but the large majority of companies consider it in their interests to label clearly.  Are you aware that General Foods is strongly lobbying to mandate GMO labeling? Or that the pork industry is making a strong (hopefully successful) effort to change the rules about \"\"natural\"\" nitrites so that they're labeled like any other nitrite? I'm guessing you're not, and instead are just making unfounded assumptions.\""}
{"_id": "372657", "title": "", "text": "\"Let's talk interest rates on your junk bonds. Even after all that the US has been through (and is still going through), the United States dollar is widely regarded as one of the safest safe havens for your money. As such it serves as a de facto baseline against which all other investments can be measured, the bar everyone has to pass: if you could earn 4% on a 5-year US Treasury bond, or earn 4% on anything else over the next 5 years, you pick the Treasury bond. In many ways this means that the interest rate on a Treasury bond is the closest single measure we have to the price of money all by itself. If someone is loaning you money, they could be loaning it to the Treasury instead; they are losing out by making this loan to you, and must charge you at least this rate just to break even. But most people/governments/countries aren't as credit-worthy as the US Treasury. A few are (the US treasury isn't magical, after all, just really good at what it does), but generally they are not. There is a possibility when loaning money to these entities that you will not get your money back. That is risk. All entities have some risk (even the US treasury!), and some have more than others; \"\"junk bonds\"\" have a somewhat elevated level of this risk. Now, you don't just take a risk on for free (unless you're being charitable or something, but I hope you can find better beneficiaries of charity than the average junk bond). You need to be compensated for that risk. Lenders will demand compensation commensurate with that risk - or they will just walk away without making any loans or buying any bonds because it's not worth it. The difference between the interest rate on a US Treasury bond and the interest rate on another bond, such as a junk bond, is the risk premium - the cost of carrying that risk. Therefore you can see that the interest rate on a junk bond is the price of money plus the risk premium. Now, the Federal Reserve adjusts the price of money from time to time, by buying and selling US Treasury bonds until the price is something they like. This means that one component of interest rate on a junk bond is the interest rate on the US Treasury bond, and it is effectively controlled by the Federal Reserve (through that layer of indirection). The other component of the interest rate on a junk bond is the risk premium. It's not generally possible to know in advance whether or not some company will actually default. People have to guess, and decide how comfortable they are taking that risk. This means that risk is more expensive (and interest rates are higher) when they think the companies in question are going through some hard times, and risk will also be more expensive when people decide that they can't take as many risks (perhaps they've already lost some money and need to take additional steps to protect the rest). It's definitely very hard for an individual to decide what the risk on a particular bond is. The good news is that you generally don't have to. There are a bunch of rich jerks, hedge funds, retirement funds, insurance companies, and other investment entities out there who spend all day looking at things like bonds, trying to estimate the risk. Their willingness to exploit minuscule differences between the interest rate on a bond and the real risk means that the average bond on the market will be fairly priced, according to what all those people think. Plenty of them can still be wrong, mind you (cf. mortgage-backed securities) but in the general case the price of any security reflects all the information everyone in the world has on it on average, so if you're wrong you're in good company. When you buy a nice diversified bond fund, you have access to a bunch of bonds at a pretty-standard price.  So that's interest rates for you. But you asked about prices. As it turns out, they're the same thing! - just expressed slightly differently.  One way or another a bond is essentially meant to be a stream of payments worth a certain amount in the end - this is why you'll hear them referred to sometimes as a \"\"fixed-income security\"\". The interest rate is essentially the difference between the price you pay now, and the value you receive later, except expressed as a rate. Technically, you could structure the bonds differently (e.g. does the bond pay little bits of interest as you go along, or just pay one big lump sum in the end?) but you can use Math to convert between these two situations, and figure out how much money is worth which when, so it doesn't really matter. Anyway. This means that rising interest rates means lower bond prices on bonds you already own (and falling interest rates means higher bond prices). So if the Federal Reserve increases interest rates, the face value of your bond funds will fall. Also, if people think that the companies issuing the bonds are too risky, the face value of those bonds will also fall. (You were probably expecting the latter effect, though.) Mind you, you will still get the same amount of future money out of them as you would otherwise: that's why they're fixed-income securities. However, a higher interest rate means \"\"I can get more money in the future for less money now\"\", and so people will be willing to pay you less for your bond in the present. This is known as interest rate risk. It is higher on longer term bonds, because those have more time to earn interest.\""}
{"_id": "372666", "title": "", "text": "Payroll is undeniably one of the most important part of any business and it very important that you have a timely payroll every month. To avoid the hassle of payroll processing, it is best to get the service outsourced. We,DHpayroll, will be more than happy to offer you our expert services."}
{"_id": "372677", "title": "", "text": "The fund prospectus is a good place to start."}
{"_id": "372691", "title": "", "text": "Imo this subject is about as black &amp; white as slavery. Hmm what does society think... Is it okay to own slaves? Well what if you treat them well, then its alright then, right? Then how about an extremely expensive health care system that hurts more people than it helps, thats ok because it helps a few people, right? Shame on our narcissistic leaders."}
{"_id": "372703", "title": "", "text": "A few days ago they launched Fannie Mae Guaranteed Multifamily Structures (link) but who knows?  It's a penny stock now. Google Finance is pretty good at marking news right on the chart for a particular stock.  That's how I tracked that piece of news down.  Can't say that it precipitated a lot of people buying the stock, but Google Finance isn't a bad place to start looking."}
{"_id": "372743", "title": "", "text": "Your money management technique is a very personal choice. Each person's system will be a little different. For us, we don't believe in debt so we operate on a cash basis for everything with the exception of our house. We keep our expenses to roughly 75% of our after tax income. The rest we save and invest. And we are paying extra on our mortgage to get the house paid off asap. Each person will divide their 75% differently based on your consumption preferences.  The same goes for the 25% savings and investing.  You need to set some goals and save accordingly."}
{"_id": "372744", "title": "", "text": "If you want to prove the actual tax liability you have in the US - you have to file a tax return. If the Romanian government believes you that the withholding is your actual tax - fine, but that would be a lie. Withholding is not a tax. The American payers must withhold from foreigners enough to have transferred more than the actual tax the foreigners would have paid. The standard withholding is 30%, but the actual tax on dividends varies. In case the tax treaty limits the tax on dividends - the withholding is usually up to the maximum of the tax allowed by the treaty. But allowed doesn't mean that would be the actual tax. In many cases it is not. So if you want to claim the US tax paid as a credit towards your Romanian tax - you'll need to file a tax return in the US, calculate the actual tax liability and that would be the amount of credit you can claim. The difference between that amount and the amount withheld by the payer will be refunded to you by the IRS. You don't have to file a US tax return, that is true. But the withholding is not the tax, the actual tax liability may have been less, and the Romanian tax authority may deny your credit, in whole or in part, based on the fact that you haven't filed a US tax return and as such have no proof of your actual tax paid. You had some experience with the UK tax treaty, and you think all the treaties are the same. That may be a reasonable line of thought, but it is incorrect. Treaties are not the same. More importantly, even if the treaty is the same - the tax law is not. While in the UK the tax on dividends may be flat and from the first pound - in the US it is neither flat nor from the first dollar. Thus, while in the UK you may have been used to paying tax at source and that's it - in the US it doesn't work that way at all."}
{"_id": "372771", "title": "", "text": "Please explain how does this hurt the consumer? If anything, I'd say Amazon has a solid track record of *empowering* consumers. They absolutely are bad news for some very stubbornly offline-only mom &amp; pops, but not for consumers."}
{"_id": "372777", "title": "", "text": "\"Yeah, exactly. The difference is that Ferrari is making money.  EDIT: to clarify...  - Ferrari sells a niche product to a boutique customer-base willing to pay a premium in terms of both price and purchasing difficulty for exclusive, super-premium cars that are manufactured to artisan standards with little or no regard for cost-efficiency or price-to-value ratio, etc. People buying Ferrari are not looking for a \"\"sensible deal\"\", they are people who can afford to pay for something special, rare, and uncompromising. Tesla is in a similar market-position.   - Ferrari actually makes money selling their cars. They do a low-volume boutique business, and charge prices that reflect a low volume of artisan-made specialty product. I am sure that certain special-order customers have to wait some time for delivery, but I drive by a Ferrari dealership every day on my way to work that has maybe 50 Ferraris sitting in a lot, that you can drive off with same-day, if you want. You can literally drive up, test-drive, and buy one tomorrow (if you have the scratch).   OTOH...  - Teslas are cheaper than Ferraris, but they are still deep into the super-premium price category. They are well outside the \"\"value-proposition\"\" customer-base. They are also (perhaps even more than Ferrari), in a market segment without meaningful competition. There are several super-premium 2-seaters in the $100-200k price range, but I suspect most Tesla shoppers are not mostly comparing them against Porsches or Vipers or Benzes. The all-electric supercar market is not a highly competitive one.   - There is massive demand for Teslas, as is evidenced by the extremely thin used market, the year-plus-long wait list, and all that in the face of extremely customer-unfriendly sales/distribution and almost zero marketing... That is, people are waiting up in 18-month long lines to buy cars that they can't inspect at a local dealership, have no way to test-drive, and often have never even seen in person, and they are putting down cash deposits to do so, in amounts that could buy some pretty nice sports cars for the deposit alone. Moreover, it's not like Tesla buyers are going to change their minds and get a Chevy Volt or Honda Insight instead (although they might get both).   This is any startups wet-dream:  - You have a product that is not only already in production, but that you have been shipping for several years-- you *know* the tooling, manufacturing, support, and delivery costs, because you have actually been *doing it* for *years.*  - You not only have no issues whatsoever with regards to building a customer-base, you already have paying customers and genuine orders *already booked* through 2014, more than you can keep up with.  - You have a product with massive demand and almost non-existent price-pressure. You've got orders booked over a year out at asking price with virtually zero marketing or advertising, most customers buying site-unseen purely based on concept and reputation, and your customers are paying super-premium prices with no direct competitor alternative.   This is a goldmine. This is the kind of thing that business-school textbooks tell you never happens. Rational-market theory says it's impossible to have a big-ticket product offering with essentially unlimited demand and zero meaningful competition.   Moreover, this is happening in an environment where the business is not only receiving direct gov't subsidies, but where borrowing costs are close to negative in real dollars. A going concern with booked orders and guaranteed revenue through 2014 should, if anything, be *borrowing from banks to buy back equity*, not selling equity to raise capital.   If Tesla needs to raise capital, then something is seriously wrong with the underlying business. As in, wrong enough that its current sales are not only un-profitable, but that currently-booked future sales will continue to be un-profitable for the foreseeable future (otherwise they could just borrow).   You can plead \"\"startup\"\" when you have a small customer base but a great concept. You can plead \"\"startup\"\" when you first start shipping product in small quantities at low prices. But you can't plead \"\"startup\"\" when you have been shipping a product for years, and when you have customer-orders booked years out, at full asking price, with no meaningful price or product-competition.\""}
{"_id": "372782", "title": "", "text": "\"You'd have to check the terms of your contract. On most installment loans, I think, they calculate interest monthly, not daily. That is, if you make 3 payments of $96 over the course of the month instead of one payment of $288 at the end of the month (but before the due date), it makes absolutely zero difference to their interest calculation. They just total up your payments for the month. That's how my mortgage works and how some past loans I've had worked. All you'd accomplish is to cost yourself some time, postage if you're mailing payments, and waste the bank's time processing multiple payments. If the loan allows you to make pre-payments -- which I think most loans today do -- then what DOES work is to make an extra payment or an overpayment. If you have a few hundred extra dollars, make an extra payment. This reduces your principle and reduces the amount of interest you pay every month for the remainder of the loan. And if you're paying $1 less in interest, then that extra dollar goes against principle, which further reduces the amount you pay in interest the next month. This snowballs and can save you a lot in the long run. Better still, instead of paying $288 each month, pay, say, $300. Then every month you're nibbling away at the principle faster and faster. For example, I calculate that if you're paying $288 per month, you'll pay the loan off in 72 months and pay a total of $6062 in interest. Pay $300 per month and you'll pay it off in 67 months with a total of $6031 interest. Okay, not a huge deal. Pay $350 per month and you pay it off in 55 months with $5449 interest. (I just did quick calculations with a spreadsheet, not accurate to the penny, but close enough for comparison.) PS This is different from \"\"revolving credit\"\", like credit cards, where interest is calculated on the \"\"average daily balance\"\". With a credit card, making multiple payments would indeed reduce your interest. But not by much. If you pay $100 every 10 days instead of $300 at the end, then you're saving the interest on 20 days x $100 + 10 days x $100, so 12.5% = 0.03% per day, so 0.03% x ($2000+$1000) = 90 cents. If you're mailing your payments, the postage is 49 cents x 2 extra payments = 98 cents. You're losing 8 cents per month by doing this.\""}
{"_id": "372783", "title": "", "text": "A lot will depend on wether you have in your possession the physical share documents or just numbers in your brokerage portfolio. Electronic shares are not traceable as they do not exist as individual entities. ETrade certainly knows who bought how much, but no concept of which ones. Lets say ET buys 1000 shares of Acme, their database looks like this: Now they sell 400 shares to Bob: Bob sells 200, Alice buys 100: ( skipped one transaction for brevity ) Did Alice get 100 shares out of ET's original 1000, or did she get 100 shares that were previously owned by Bob? Or 27 from ET and 73 from ET? Another, less exact way to picture the process is one share is 1ml of liquid. If you return 50ml to the pot it becomes indistinguishable from the rest."}
{"_id": "372787", "title": "", "text": "The ABA number you speak of is more accurately called the Routing Transit Number.   http://en.wikipedia.org/wiki/Routing_transit_number A routing transit number (RTN) is a nine digit bank code, used in the   United States, which appears on the bottom of negotiable instruments   such as checks identifying the financial institution on which it was   drawn. This code was designed to facilitate the sorting, bundling, and   shipment of paper checks back to the drawer's (check writer's)   account. The RTN is also used by Federal Reserve Banks to process Fedwire funds   transfers, and by the Automated Clearing House to process direct   deposits, bill payments, and other such automated transfers. The RTN number is derived from the bank's transit number originated by   the American Bankers Association, which designed it in 1910.[1] I am going to assume that the euphemistic ABA Number has been shortened by whoever told you about it and called it the ABN.  Perhaps American Bank Number.  Either way, the technical term is RTN. Perhaps a comment or editor can straighten me out about the ABN. There is an international number known as the SWIFT number that serves the same purpose worldwide. http://en.wikipedia.org/wiki/ISO_9362 ISO 9362 (also known as SWIFT-BIC, BIC code, SWIFT ID or SWIFT code)   defines a standard format of Business Identifier Codes approved by the   International Organization for Standardization (ISO). It is a unique   identification code for both financial and non-financial   institutions.[1] The acronym SWIFT stands for the Society for   Worldwide Interbank Financial Telecommunication. When assigned to a   non-financial institution, the code may also be known as a Business   Entity Identifier or BEI. These codes are used when transferring money   between banks, particularly for international wire transfers, and also   for the exchange of other messages between banks. The codes can   sometimes be found on account statements."}
{"_id": "372800", "title": "", "text": "They are learning the lesson of Motorola after the razr.... or put another way... after the iphone.... HTC's one big BIG product was the original EVO. That thing sold like mad.... just like the  Razr.  Moto is pulling back, so will HTC.... they make great products."}
{"_id": "372808", "title": "", "text": "You can perfectly well manage their wealth without transferring their money into your account first. Just make them open their own account on their name then ask them for credentials and then manage their money from within their own account. That way everyone will be taxed according to their wealth (which is probably advantageous but you probably have to help them with the paperwork) and it is clear at every time what belongs to whom and your relatives can at every time access their wealth. These are big advantages (for them). This keeps you at the role of an adviser (a very active one though) which should have almost zero legal ramifications for you unless you try to deceive your relatives. You may want to shift wealth between accounts to minimize tax burdens, but that comes at the risk that should the family relations get worse this might result in anger. You could open up a registered society, all members getting shares and voting rights, making you the CEO, but that should be a lot of paperwork and maybe only a good idea for large amounts of money. If you decide to transfer money between accounts of different persons this is like a gift. It might invoke a gift tax in your area. All in all, I strongly advise you to make them all open up their own accounts and then just operate the accounts and manage their wealth in their name. Sell it to them as the solution that retains them maximum ownership."}
{"_id": "372834", "title": "", "text": "\"The real answer why the government is \"\"allowed\"\" to do something is because they are the government and they make the rules. There are lots of laws that I think make no sense. I ran into a similar situation to yours. I bought a house during a time when the market in my area was way down. The previous owner had paid $140,000 but I got it for only $80,000. The government appraised it for, I forget the exact number, but over $100,000. I appealed, and the argument I made to the appeal board was that the law says it is supposed to be appraised for \"\"fair market value\"\". The definition of \"\"fair market value\"\" is the amount that a willing buyer would pay to a willing seller, absent special conditions like a sweetheart sale to a relative. The house had been advertised for a higher price and the seller had to drop the price several times before getting an offer, and finally accepting mine. This is pretty much the definition of \"\"fair market value\"\". The appeals board replied that it was not FMV because the market was bad at this particular time and so I got a good deal. I said that that's the definition of market value: it goes up and down as market conditions change. If the market happened to be up when someone bought a house and they had to pay a high price, would the government assess the house at a lower value because that was an unusually high price? I doubt it. They ended up reducing the assessed value, but not to what I actually paid. All that said, arguably a foreclosure sale might be considered special conditions. Prices at a foreclosure sale tend to be lower than \"\"ordinary\"\" sales. In a foreclosure, the bank is usually trying to get rid of the property quickly because they don't want to be in the property-management business, they want to be in the money lending and management business. Of course you could say that sort of thing about conditions surrounding many sales. Maybe the price is low because the seller needed cash now to start a business. Maybe the price is high because the buyer was too lazy to shop around. Maybe the price is low because the buyer is a very skilled negotiator. Etc etc.  My watch just broke and while I was shopping for a new one I found two listings for the exact same watch, I mean exact same manufacturer and model number, identical picture, on the same web site, one giving the price as $24 and the other as $99. What is the market value of that watch? I presume anyone who saw both listings would pick the $24 one, but I presume some number of people pay the higher price because they never see the lower price. In real life there isn't really one, exact, fair market value. That's an abstraction.\""}
{"_id": "372839", "title": "", "text": "When I was young, stupid, and drunk, I bought chips on a credit card and I recall when the bill came in there was a cash advance fee, and interest."}
{"_id": "372847", "title": "", "text": "For estimating your take home salary, I suggest using one of the many free salary calculators available over the Internet. I personally use PaycheckCity.com, but there are plenty of others available. To calculate your allowances for the US Federal tax, you can use the worksheet attached to the form W-4.  Similar form (with a similar worksheet) is available for state taxes, on the Illinois Department of Revenue web site."}
{"_id": "372849", "title": "", "text": "I would never recommend only using one platform, and if anyone is dependent on a single platform, even if that 'platform' is email, failure will happen. The only issue I have with email lists is that they become out of date very quickly and open rates are exceptionally low. Back in 1997 open rated were well above 85%, but now you'll be doing exceptionally well to get anywhere near 10%... it's just not when the consumers attention is. Marketers ruin everything lol"}
{"_id": "372872", "title": "", "text": "\"on a vaguely related topic, I was watching COPS on television  scene:  man is arrested in the squad car, woman with black eye is saying  \"\"it's my fault.  I hit him over and over again.  it's all my fault\"\"  what does the cop say?  \"\"**doesn't matter**, he is going to jail\""}
{"_id": "372873", "title": "", "text": "This story really misses the point of this deal. This is not an inversion fueled by tax savings. In fact, it would likely end up in very little tax savings for the new companies given the effective tax rate that BK actually pays in the US (They actually pay 27% in the US vs about 26.5% in Ontario, where Tim Horton's is now).  Headquartering the new company in Canada has a lot more to do with placating Canadian regulators. The Investment Canada Act allows for the government to block any merger it doesn't see as in the best interests of the country. Clearly, one of it's biggest and most visible companies  being swallowed up by an American firm could fit that description. Politically, it is easy to see why regulators would have an issue with that.  However, if you make the new company Canadian... then it's seen as a win for regulators."}
{"_id": "372883", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/energy-and-environment/2017/10/6/16428458/us-energy-subsidies) reduced by 96%. (I'm a bot) ***** &gt; The coal industry and its allies in the Trump administration have recently devoted considerable energy to arguing that subsidies to renewable energy have distorted energy markets and helped drive coal out of business.  &gt; US fossil fuel production is subsidized to the tune of $20 billion annually Researchers at Oil Change International set out to quantify the level of US fossil fuel subsidies, but before we get to their results, a few important caveats.  &gt; Coal is propped up by government policy too As the charts from OCI show, direct federal tax expenditures on behalf of coal production are dwarfed by oil and gas subsidies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74zjgo/friendly_policies_keep_us_oil_and_coal_afloat_far/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224192 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **subsidy**^#1 **coal**^#2 **plant**^#3 **fuel**^#4 **oil**^#5\""}
{"_id": "372884", "title": "", "text": "\"You need to get the current tax software, the 2013 filing software is out already, even though it needs to update itself before filing, as the final forms aren't ready yet. Then you will look carefully at Schedule E to understand what gets written off. I see you are looking at the $2200 rent vs your own rent of $2100, but of course, the tax form doesn't care about your rent. You offset the expenses of that house against the income.  The expenses are the usual suspects, mortgage interest, property tax, repairs, etc. But there's one big thing new landlords are prone to forgetting. Depreciation. It's not optional. Say the house cost you $400K. This is your basis. You need to separate the value of land which is not depreciated. For a condo with no land it can be as little as 10%, when we bought our house, for insurance purposes, the land was nearly 40% of the full value. Say you do the research and decide 30% (for land), then 70% = $280K. Depreciation is taken each year over a 27.5 year period, or just over $10,000 per year. (Note, the forms will help you get your year 1 number, as you didn't have a full year.)  This depreciation helps with your cash flow during the year (as you should do the math, and if you keep the house, adjust your W4 withholdings for 2014, that lump sum you'll get in April won't pay the bills each month) but is 'recaptured' on sale.  At some point in the future, you may save enough to buy a house where you wish to live, but need to sell the rental. Consider a 1031 Exchange. It's a way to sell a rental and buy a new one without triggering a taxable event. What I don't know is how long the new house must be a rental before the IRS would then allow you to move in. The same way you turned your home into a rental, a rental can be turned back to a primary residence. I just doubt you can do it right after the purchase. As fellow member @littleadv would advise, \"\"get professional advice.\"\" And he's right. I've just offered what you might consider. The first year tax return with that Schedule E is the toughest as it's brand new. The next year is simple in comparison.  The question of selling immediately is tough. Only you can decide whether the risk of keeping it is too great. You're saying you don't have the money to cover two month's vacancy. That scares me. I'd focus on beefing up the emergency account. And securing a credit line. You mentioned the tax savings. My opinion is that for any investment,the tax tail should never wag the investing dog. Buy or sell a stock based on the stock, not the potential tax bill for the sale. In your situation, the rent and expenses will cancel each other, and the depreciation is a short term loan, from a tax perspective. If you sold today, what do you net? If you analyzed the numbers now, what is your true income from the property each year? Is that return worth it? A good property will provide cash flow, principal reduction each year, and normal increase in value. This takes a bit of careful looking at the numbers. You might feel you're just breaking even, but if the principal is $12K less after a year, that's something you shouldn't ignore. On the other hand, an exact 'break-even' with little equity at stake offered you a leveraged property where any gains are a magnified percentage of what you have at risk.  Last - welcome to Money.SE - consider adding some more details to your profile.\""}
{"_id": "372900", "title": "", "text": "For the requirement for risk free and hassle free account a CD or money market account through your local bank, credit union, or even large online bank will be fine. These funds won't grow very fast over time but they are safe and insured. These types of accounts are perfect for all the miscellaneous birthday, Holiday and religious event checks. There is not a requirement that the money be in a UGMA (Uniform Gifts to Minors Act) account. Putting it in a UGMA account does make it hard for the parents to spend. The IRS does allow the child to have earnings from banks without the formality of a UGMA. The money shouldn't be moved between the parent's and child's account but it is possible for the parents to spend the child's money if times are tight and the money is used for items that benefit the child. If there is a reasonable assumption of college then the 529 plan makes a lot of sense. The prepaid tuition options would be risky because they tend to be tied to a single state, and who knows where they will be living in 10 to 15 years. The 529 does focus the money to be used for educational expenses, but it can be used for non-educational expenses if you are willing to pay the taxes and penalties. It can also be transferred to another child later, or even other family members. In my state the 529 plan doesn't have to be used right after high school graduation. It can be used up to 30 years after graduation. So they can decide a few years later that they want to go back to school."}
{"_id": "372909", "title": "", "text": "\"What exactly would the financial institution need to see to make them   comfortable with these regulations The LLC Operating Agreement. The OA should specify the member's allocation of equity, assets, income and loss, and of course - managerial powers and signature authorities. In your case - it should say that the LLC is single-member entity and the single member has all the managerial powers and authorities - what is called \"\"member-managed\"\". Every LLC is required to have an operating agreement, although you don't necessarily have to file it with the State or record it. If you don't have your own OA, default rules will apply, depending on your State law. However, the bank will probably not take you as a customer without an explicit OA.\""}
{"_id": "372910", "title": "", "text": "What a hoot. Fulgoni's people at comScore confirmed the impression value of search advertising years ago. Now Facebook is just catching on?  However, no one in online advertising is yet acknowledging the key truth that impressions are not all created equal. A tiny search ad's impression is nowhere near the value of a TV ad's impression."}
{"_id": "372911", "title": "", "text": "Bond laddering is usually a good idea, but with interest rates so low, a properly laddered portfolio is going to have a higher duration that you should be willing to accept right now.        CD laddering seems like a silly idea.  Just keep whatever amount you're going to need in a Money Market account and invest the rest according to your risk tolerance."}
{"_id": "372921", "title": "", "text": "\"Basically, the easiest way to do this is to chart out the \"\"what-ifs\"\". Applying the amortization formula (see here) using the numbers you supplied and a little guesswork, I calculated an interest rate of 3.75% (which is good) and that you've already made 17 semi-monthly payments (8 and a half months' worth) of $680.04, out of a 30-year, 720-payment loan term. These are the numbers I will use. Let's now suppose that tomorrow, you found $100 extra every two weeks in your budget, and decided to put it toward your mortgage starting with the next payment. That makes the semi-monthly payments $780 each. You would pay off the mortgage in 23 years (making 557 more payments instead of 703 more). Your total payments will be $434,460, down from $478.040, so your interest costs on the loan were reduced by $43,580 (but, my mistake, we can't count this amount as money in the bank; it's included in the next amount of money to come in). Now, after the mortgage is paid off, you have $780 semi-monthly for the remaining 73 months of your original 30-year loan (a total of $113,880) which you can now do something else with. If you stuffed it in your mattress, you'd earn 0% and so that's the worst-case scenario. For anything else to be worth it, you must be getting a rate of return such that $100 payments, 24 times a year for a total of 703 payments must equal $113,880. We use the future value annuity formula (here): v = p*((i+1)n-1)/i, plugging in v ($113880, our FV goal), $100 for P (the monthly payment) and 703 for n (total number of payments. We're looking for i, the interest rate. We're making 24 payments per year, so the value of i we find will be 1/24 of the stated annual interest rate of any account you put it into. We find that in order to make the same amount of money on an annuity that you save by paying off the loan, the interest rate on the account must average 3.07%. However, you're probably not going to stuff the savings from the mortgage in your mattress and sleep on it for 6 years. What if you invest it, in the same security you're considering now? That would be 146 payments of $780 into an interest-bearing account, plus the interest savings. Now, the interest rate on the security must be greater, because you're not only saving money on the mortgage, you're making money on the savings. Assuming the annuity APR stays the same now vs later, we find that the APR on the annuity must equal, surprise, 3.75% in order to end up with the same amount of money. Why is that? Well, the interest growing on your $100 semi-monthly exactly offsets the interest you would save on the mortgage by reducing the principal by $100. Both the loan balance you would remove and the annuity balance you increase would accrue the same interest over the same time if they had the same rate. The main difference, to you, is that by paying into the annuity now, you have cash now; by paying into the mortgage now, you don't have money now, but you have WAY more money later. The actual real time-values of the money, however, are the same; the future value of $200/mo for 30 years is equal to $0/mo for 24 years and then $1560/mo for 6 years, but the real money paid in over 30 years is $72,000 vs $112,320. That kind of math is why analysts encourage people to start retirement saving early. One more thing. If you live in the United States, the interest charges on your mortgage are tax-deductible. So, that $43,580 you saved by paying down the mortgage? Take 25% of it and throw it away as taxes (assuming you're in the most common wage-earner tax bracket). That's $10895 in potential tax savings that you don't get over the life of the loan. If you penalize the \"\"pay-off-early\"\" track by subtracting those extra taxes, you find that the break-even APR on the annuity account is about 3.095%.\""}
{"_id": "372937", "title": "", "text": "He actually cared about his people and let them know it by showing it.  Some of the stories that have come out about his actions are incredible.  He's sent people to college, helped sick kids and just all manner of random and very human interaction with people."}
{"_id": "372945", "title": "", "text": "\"Depends on testing. Sometimes a spot will play really broad and have four quadrant appeal. That one will go everywhere.   There's as many ad strategies as there are stars in the universe. Sometimes you use the shotgun, sometimes you use the scalpel.   A lot of comments are \"\"ads don't work on me, I use research\"\". You think marketers don't know that and influence that?\""}
{"_id": "372956", "title": "", "text": "(Also posted in r/FinancialCareers)  Hello all,  For the past few months I've been deciding on what I want to do with my career and how to progress in my chosen field. After a lot of thought, I want to get into Finance, most likely corporate finance with the end goal of Controller or CFO. Right now, I am an accounting analyst at a small company just a few years out of a B1G school with a BS in Economics. I feel that my work experience is relevant enough to land an entry level or lower level job as an analyst somewhere. My other option is to go back to school and get a MFin. I'm leaning towards focusing most of my effort on the job search option. So, I have a couple of questions:   1. Does it make sense to focus on the job search or should I add skills via grad school?   2. If you feel searching for jobs is the best route, how do I best position myself as a non business graduate to get a new role?  3. Any other advice is appreciated.  Thanks!"}
{"_id": "372982", "title": "", "text": "\"They work within the system you guys created. Your desire for heavily regulated everything leads to some really fucked up incentives. These guys have no need to please the consumer, they only have to please the government. They don't have to worry about competition because the barriers to entry are so incredibly high that a good alternative has nearly zero chance of entering the market to compete with better service. Then you guys come along and go see I told you the market doesn't work lets regulate it some more. In response to that, these massive corporations (that I assure you I hate just as much), respond by merging to fight off the threat's. The Threats being both the \"\"customer\"\" and the \"\"government\"\". But only one of those can actually put them out of business. The guys who \"\"regulate\"\" them. Because they have made the rest of us a captive audience through regulatory control.   All these regulations have accomplished is to put the smaller businesses who support the majority of real people and jobs out of business.  Leaving \"\"government\"\" jobs like the military or positions that extract money from the populace like police organizations have become. They are so focused on making money and siezing property now that they are killing citizens left right and center. While avoiding real police work because it doesn't pay the bills so to speak. But maybe more of the same will be the solution to the problem. But I highly doubt it.  You should actually listen to those video's I suggested and you likely ignored. I want the same things I just want far more options, without having to become a drone. I own myself. I can not support a system which allows others to dominate me for \"\"the good of all\"\". This utopian dream where people think they \"\"run\"\" the government and that the government is accountable to the people is honestly a \"\"fairy tale\"\" at best. Everytime power is concentrated it will be corrupted. It is inevitable and dangerous to think differently. If you can honestly look at your government and feel like you control it. Then you have far more \"\"faith\"\" than I do and many others do. There is no such thing as a one size fits all solution to any problem. We need many ideas with many solutions and the right to choose the ones that best fit us and are within our means. Your rights end, where my rights begin. If that cant be sacred, then it can be turned on you, just as easily as it is turned onto the people you want to control. Forced socialism is a sentence not a solution. Figure out how to make it voluntary then I might sign up.\""}
{"_id": "372988", "title": "", "text": "If those flavors are what makes the juice taste the way it tastes and in their focus group testing people thought a drink with more apple juice than strawberry juice tasted better than that's what they'll go for.. Cochineal is a dye. Is it not all just juice?"}
{"_id": "372993", "title": "", "text": "\"I had to apply for an American Express card, which was also rejected.   Then I had searched for a Marbles Credit Card Stop applying for credit cards/loans. Doing so is just making your credit rating worse. Credit agencies will downgrade your credit rating if they see lots of signs of credit checking. It's a sign you're desperately looking for credit, which you are...! 44.9% APR This is very expensive credit. You can get personal loans on the high street for 3-4%. 44.9% is really bad value. You're simply going to make the situation worse. Am I taking off a loan from website as amingos loans to help me build   up my credit rating Again this is 44% interest! You also need a guarantor. So you're not only going to get yourself in trouble but a family member too: don't do this! This will only help your credit rating if you pay it back successfully, which given your situation seems like a risk. Contact the Money Advice Service or the National Debt Line. Explain your situation in detail to them. They are a government-backed service designed for people in your situation. They will offer practical advice and can even help negotiate with your creditors, etc. Here's some general advice about getting out of debt from Money Saving Expert Traditional debt help says 'never borrow your way out of a debt   problem'. But this ignores the varying cost of different debts. The MoneySaving approach is: \"\"Never borrow more to get out of a   debt problem.\"\"\""}
{"_id": "373013", "title": "", "text": "I assume you're looking for advice, not an actual guaranteed-to-appreciate answer, yes? If you believe Treasury bonds will increase as fast as inflation, that may be the way to go."}
{"_id": "373017", "title": "", "text": "If I was an upside down homeowner and I went to my bank to refinance the mortgage at a lower rate and they declined, I'd give them the middle finger by not paying the mortgage and declaring bankruptcy.    A homeowner has no incentive to continue paying a mortgage for a home that is no longer the value of the mortgage and if the bank is unwilling to work with the upside down homeowner to get the home owner a lower interest rate (that is the least the bank could do) - then make the home the bank's problem and let them eat their cake.   This home owner is not asking the bank to forgive part of the mortgage or write it off, but asking for his mortgage to be refinanced at the lower rate - that is pretty straight forward and simple. We as taxpayers bailed the banks out in 2008, the least they could do is help upside down homeowners. The banks reluctance to help upside down homeowners is why we have a stagnant housing market.   **The bank by not working with this home owner to refinance his mortgage at a lower interest rate is a bank that indicates they don't care about having a paying customer.**"}
{"_id": "373029", "title": "", "text": "But the free market opted to use ssn because it was easier and available and only required 1 field versus I'd and state. Those state IDs also have variable lenghts, some have letters and others don't. If you've ever written software to handle state driver's license you know what I mean, I have and it's a mess. Theres all kinds of gotchas that you just don't have with a nationwide standard like SSN."}
{"_id": "373034", "title": "", "text": "\"You can't do this automatically; you want to understand whether the drop is from a short-term high. is likely to be a short-term low, or reflects an actual change in how folks expect the company to do in the future. Having said that, some people do favor a strategy which resembles this, betting on what are known as \"\"the dogs of the Dow\"\" in the assumption that they're well trusted but not as strongly sought and therefore perhaps not bid up as strongly. I have no opinion on it; I'm just mentioning it for comparison.\""}
{"_id": "373043", "title": "", "text": "\"Not sure I understood, so I'll summarize what I think I read: You got scholarship X, paid tuition Y < X, and you got 1098T to report these numbers. You're asking whether you need to pay taxes on (X-Y) that you end up with as income. The answer is: of course. You can have even lower tax liability if you don't include the numbers on W2, right? So why doesn't it occur to you to ask \"\"if I don't include W2 in the software, it comes up with a smaller tax - do I need to include it?\"\"?\""}
{"_id": "373059", "title": "", "text": "No, as a director normally you can't. As a director of a Limited company, all those payments should be accounted for as directors' remuneration and have been subject to PAYE and NIC, even if you are self-employed. Currently there is no legislation which prevents a director from receiving self-employment income from a company in which he is a director, however the default position of HMRC's is that all the payments derived from the directorship are subject to PAYE. In other words, it's possible only invoice from an unconnected business or in a consultancy role that's not directly related to the trade of business. But it really depends on the circumstances and the contracts in place. Sources: Monsoon at AAT forum, David Griffiths at UKBF, Paula Sparrow and Abutalib at AW  More sources: If a person does other work that\u2019s not related to being a director, they may have an employment contract and get employment rights. Source: Employment status as director at Gov.uk In principle, it is possible for an employee or office holder to tender for work with their employer outside their normal duties, in circumstances where that individual will not be providing service as an employee or office holder but as a self-employed contractor. Where there is any doubt about whether service is provided constitutes employment or self-employment, see the Employment Status Manual (ESM). Source: Section 62 ITEPA 2003 at HMRC"}
{"_id": "373064", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans Desert Hot Springs CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Get Auto Car Title Loans Desert Hot Springs CA 14080 Palm Dr. Ste D # 227, Desert Hot Springs, CA 92240 760-993-3301 caratlloan4u0981@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-desert-hot-springs-ca/"}
{"_id": "373067", "title": "", "text": "&gt; But the big banks are not 'people you know'.   They are legal persons just the same as a private individual, with exactly the same rights a natural person would get when signing the contract.    Otherwise, they would never loan you any money in the first place.    &gt; They will take from you all they can legally get (or less than legally if they can get away with it).  That sounds so human I have a hard time finding any difference to my last carpenter.    &gt; They follow the coldly rational, impersonally merciless path of greatest profit in the most immediate term, without the slightest concern for your humanity or needs.   My humanity and needs do not exactly entice me into first making a contract, reaping all the benefits in it, and then breaking it when it becomes inconvenient to hold up my end of the bargain.  If banks lose money, some very real people lose money because they trusted me.    Besides, if banks are so evil, why would I ever do any business with them?"}
{"_id": "373069", "title": "", "text": "But cars existed before paved roads, and government doesn't actually do anything related to roads, other than use tax money to pay individual companies to build them. Police can be funded by home owner's insurance. Defense is just large scale property defense, and war only exists because other *governments* exist, who can harness the people's wealth as an unlimited ATM to fund aggression like the USSR did."}
{"_id": "373072", "title": "", "text": "Get a lawyer. I've incorporated in Alberta without one which was fine because I'm the only employee and it's pretty simple. If you're hiring someone and especially since you have a business partner, spend the money and get a lawyer. They can help with proper contracts and stuff too.  Also, consider an accountant as well. Lots of papers to keep organized and taxes aren't always simple.  Best of luck!!"}
{"_id": "373082", "title": "", "text": "\"Yep. As an \"\"early\"\" employee, you tend to end up putting in a ton of extra work as well, and needing a lot more flex than most really established companies. You're also usually tempted by flexibility, or the (increasingly wrong) myth that if you work harder, you'll reap a bigger reward. What tends to happen is that you give up huge chunks of your private life, and all too often end up getting replaced by someone cheaper down the line.\""}
{"_id": "373098", "title": "", "text": "\"It frustrates me that basically all \"\"media\"\" shops could be that way.  Want a CD or DVD?  Here's a kiosk; select what you want, insert a $10 note, and it burns while you wait.  Need your textbooks?  Pick 'em off a touch screen, come back in 20 minutes and collect them at a counter.  It's all technically doable, but the legal machinations to do it on a useful scale are a nightmare.  If only we could have some single rights clearinghouse that you could say \"\"I want to license *everything* for reproduction\"\" to.\""}
{"_id": "373106", "title": "", "text": "\"Agreed on the nausea but I find all American writing to be full of hyperbolic positivity and thus nauseating. I suppose the more accurate, \"\"it's a tablet sized ipod, it doesn't give blow jobs\"\" isn't safe for main street.\""}
{"_id": "373119", "title": "", "text": "How can I use $4000 to make $250 per month for the rest of my life? This means the investment should generate close to 6.25% return per month or around 75% per year. There is no investment that gives this kind of return. The long term return of stock market is around 15-22% depending on the year range and country."}
{"_id": "373133", "title": "", "text": "Tesla can't be valued, and its earning this year are completely irrelevant.  Will it ever sell 1M+ annual vehicles?  Even if one day 10M annual electric vehicles will be made, there is no guarantee that Tesla will maintain a majority share.  No guarantee that Tesla will acquire or prevent the patents that allows them the share.  I can appreciate respect for Musk though.  Betting for or against Tesla is like betting on the 2017 Kentucky Derby today based seeing a few promising newborn fawns."}
{"_id": "373136", "title": "", "text": "If the FDIC didn't insure your deposit, there would be a run on EVERY bank, so there is no way the government will let it fail or go broke.  It will be backstopped one way or another.  So I wouldn't worry about losing my money.   The only worry is the hassle of having to deal with the bank failure and getting at your money and getting it out.  There could be a few days of illiquidity while the government is stepping in to sort things out.  If that scares you or would be a big problem, then I'd find a safer choice."}
{"_id": "373139", "title": "", "text": "Romney isn't really a capitalist in the sense that he didn't place his own capital at risk.  Bain Capital was founded by a guy named Bain who launched it with $30 million of his own moolah.  Romney was recruited to run the operation but did not kick in anything.  That's not capitalism; that's called being born lucky."}
{"_id": "373149", "title": "", "text": "That interesting. It seems like an apt building could use that for its residents. I think I saw the amount quoted at $470/month, but since there isn't a market it's probably speculative to say anything about what it would cost a consumer or group of consumers."}
{"_id": "373170", "title": "", "text": "You dont need to know low-level programming languages. There are armies of people hired/contracted to deal with that stuff.  Your job is to use what they build to make smart decisions and look at the data correctly. So focus more on front-end tools that are used widely (e.g. Tableau) and if you insist on learning a language, it's probably better for it to be something like SQL so you can write your own database queries.  Knowing Python might help you write some scripts to automate certain tasks, but I seriously doubt it'll be a career-defining feature of your skillset in corporate finance. It'd be useful if you want to one day pivot to some kind of data science work though."}
{"_id": "373180", "title": "", "text": "A tax liability account is a common thing. In my own books I track US-based social insurance (Medicare and Social Security) using such an account.  At the time I pay an employee, a tax liability is incurred, increasing my tax liability account; at the same time, on the other end of the double-entry, I increase a tax expense account. Notably, though, the US IRS does not necessarily require that the tax is paid at the time it is incurred.  In my case I incur a liability twice a month, but I only have to pay the taxes quarterly.  So, between the time of incurring and the time of remitting/paying, the amount is held in the tax liability account.  At the time that I remit payment to the IRS, the transaction will decrease both my checking account and also, on the other end of the double-entry, my liability account. To answer your question in short, use an expense account for your other-side-account."}
{"_id": "373188", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.project-syndicate.org/commentary/real-estate-prices-housing-inequality-by-robert-j--shiller-2017-07) reduced by 92%. (I'm a bot) ***** &gt; In some cities, higher-priced homes may tend to turn over more rapidly than in others.  &gt; Some cities may be inhabited by larger families, implying bigger houses than in other cities.  &gt; Using satellite data for major US cities, the economist Albert Saiz of MIT confirmed that tighter physical constraints - such as surrounding bodies of water or land gradients that make properties unsuitable for extensive building - tend to correlate with higher home prices.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6os52x/shiller_on_housing_prices/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172691 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **city**^#1 **home**^#2 **price**^#3 **housing**^#4 **income**^#5\""}
{"_id": "373190", "title": "", "text": "&gt;You know there are things that are out of your hands right?  Yes.  &gt;Like the choices your parent's made, choices others make that have impacted you, etc. Can't control everything in life and your nativity to those complexities shows that you've never met or heard of people who are themselves left without many options in their life to just up themselves and find a job that actually pays a living wage.  Sure, your parents play a *significant* role in your life.  Yes. There are things out of your control.  Yes. Nothing here is an epiphany - everyone has to deal with adversity - you are still in control of your own life more than anyone else.  The point is, being a victim isn't going to get you very far in this world."}
{"_id": "373192", "title": "", "text": "This is not a supply side issue (bank), but a demand side (small business) and there is simply no demand.  Bank CEOs have been repeating that there is just no interest in borrowing right now, they would love to lend, but businesses are not taking the loans.    Businesses are trying to firm up their balance sheets and with concerns of a recession looming most small business owners don't want to borrow and risk defaulting."}
{"_id": "373199", "title": "", "text": "So I'll either stop shipping prescriptions or switch to FedEx or UPS -- which cost me three times what the USPS currently charges.  Um, perhaps if the USPS charged what it apparently costs (based on competitor pricing) they wouldn't have had to cut services so much."}
{"_id": "373204", "title": "", "text": "Unless your brokerage will sell you fractional shares, the most obvious difference (without us knowing the actual identify of the companies) is that with the $260 one, you will have 3 shares plus you will have $220 minus commission left over that you wanted to invest but weren't able to simply because of the mechanics of long division. You could put that $220 into one of the cheaper stocks, but now the multiple commissions will start to eat your returns. My personal opinion is you should go for a low cost index mutual fund or ETF, and wait to pick individual stocks until you have more than $1000 to work with (and even then, probably still go with the low cost index fund)"}
{"_id": "373207", "title": "", "text": "It's a terrible company to work for in north America. I'm not even surprised.  A buddy of mine worked for then in Canada. They would hire you for a contract. By law you can only have a person in contract for 5 years. After that they must hire you full time. So what they do is tthey fire/let go ppl around the 4 year mark and re hire them shortly after (restarting the whole contract process, Cutting benefits along the way)."}
{"_id": "373223", "title": "", "text": "There is (at least) one service that allows you to convert USD, GBP and EUR at the interbank spot rate, and make purchases using a prepaid MasterCard in many more currencies (also at the interbank rate). They currently don't charge any fees (as of September 2015). You could use your US prepaid card to fund your account with Revolut and then spend them in your local currency (HRK?) without fees (you can check the current USD/HRK rate with their currency calculator); you can also withdraw to non-EUR SEPA-enabled bank accounts, but then your bank would charge you for the necessary currency conversion (both by fees and their exchange rate). If you have a bank account in EUR, you could alternatively convert your USD balance to EUR and then withdraw that to your EUR bank account. If your US prepaid card has a corresponding bank account which can be used for ACH direct debit or domestic wire transfers (ask the issuer if you are unsure), TransferWise or a similar service might also be an option; they allow you to fund a transaction using one of those methods and then credit an account in"}
{"_id": "373226", "title": "", "text": "Illustrating with a shorter example:  Suppose I deposit 1,000 USD. Every year I deposit another 100 USD. I want to know how much money will be on that savings account in 4 years.  The long-hand calculation is Expressed with a summation  And using the formula derived from the summation (as shown by DJohnM) So for 20 years Note in year 20 (or year 4 in the shorter example) the final $100 deposit does not have any time to accrue interest before the valuation of the account."}
{"_id": "373228", "title": "", "text": "\"Which was the foreign airline and what currency do they bill in? It's surprising to think there could be an FX exchange gain, after 30 days, considering the \"\"Thomas Cook\"\" high street spreads you (or your credit card company) ought to be being charged... In other words the rate would have to move at least 20% before you saw any FX gain from bid to offer.\""}
{"_id": "373237", "title": "", "text": "Usually when a stock is up-trending or down-trending the price does not go up or down in a straight line. In an uptrend the price may go up over a couple of days then it could go down the next day or two, but the general direction would be up over the medium term. The opposite for a downtrend. So if the stock has been generally going up over the last few weeks, it may take a breather for a week or two before prices continue up again. This breather is called a retracement in the uptrend. The Fibonacci levels are possible amounts by which the price might retract before it continues on its way up again. By the way 50% is not actually a Fibonacci Retracement level but it is a common retracement level which is usually used in combination with the Fibonacci Retracement levels."}
{"_id": "373248", "title": "", "text": "[A federal judge slashed 10 years off of his prison sentence of former Enron Corp Chief Executive Jeffrey Skilling on Friday, a decision that could set him free as early as 2017.](http://www.reuters.com/article/us-enron-skilling/former-enron-ceo-skillings-sentence-cut-to-14-years-idUSBRE95K12520130621)  Yes, I do.  These guys actively schemed people (including employees) out of their money and they hit the State of California very hard as well."}
{"_id": "373266", "title": "", "text": "\"A few ideas: If you can find cards that don't have fees, you could use re-loadable debit/gift cards as your \"\"envelopes\"\". You can write the purpose for each card on its face. Carrying around more than a few cards will get unwieldy fast -- how many categories do you need? Use the rewards card strategy that was recommended to you. Put all of your spending on this. Carry a slip of paper in your wallet for each of your categories of spending. When you charge against a category, punch/mark/tear off a piece of the paper according to some scheme that will allow you to track the amount. You don't have to carry the envelopes around with you all the time. You wouldn't carry around the grocery envelope all the time -- unless you often just randomly decide to go grocery shopping while you're out and about. When you are going out and know you need to have cash for a certain purpose, pull some money from your envelope, put a paper clip around it with maybe a slip of paper, and put it into your wallet. You could carry around a few different categories of money this way without too much hassle. This requires planning your spending for the day. (The best way to avoid spending money is to not have it.)\""}
{"_id": "373271", "title": "", "text": "Generally in a SWIFT transaction, there are 4 Banks involved [at times 2 or 3 or at times even 6]. The 4 Banks are Sender [Originator of Payment]; Sender's correspondent, Receiver's Correspondent, Receiver [Or beneficiary Bank] All these 4 Banks charge for making a transfer. In SHA; the charges of Sender and Senders correspondent are levied to Customer [who initiates the payment] and the Receivers Correspondent and Receiver charges are to beneficiary. In OUR all the charges of 4 Banks are to the Customer and in BEN all the charges of 4 Banks are to the Beneficiary. Or am I wrong to assume that transaction costs would be covered by that 15USD and in reality the 15USD are on top of transaction costs? As explained above it is incorrect assumption. In this case, the charges will be more. So best is go with SHA. This gives a better view of charges. On a EUR to USD transactions, there would typically be only 3 Banks in the chain. And depending on the Bank, it could also be just 2 Banks involved."}
{"_id": "373274", "title": "", "text": "Are you looking to get a quote before you decide exactly what you\u2019re going to do with your next paint job in Vancouver? Give our home painting contractors a call and make an appointment \u2013 we can help you to figure out what you\u2019re getting yourself into so that you can work out a budget-friendly plan that makes sense for all of your needs. http://barwickpainting.com/about-us/"}
{"_id": "373281", "title": "", "text": "Every product in Whole Foods has meet their quality standards which in essence means no artificial preservatives, no artificial flavorings, no artificial coloring, no hydrogenated fats, and no fructose corn syrup, amongst other minor things. This is for everything, including meats and produce. Other super markets may have some standards but none are nearly as strict as Whole Foods."}
{"_id": "373300", "title": "", "text": "Most of them have what is known as an Admin. They are basically a modern secretary. They pre-read all emails, setup all meetings, basically run the day in/day out of the person. Then the person will sit down and answer the curated inbox or forwarded messages."}
{"_id": "373303", "title": "", "text": "\"You're right to question that. I would not respect him as much if he didn't have all that money. Business is a game and money is how we keep score. Without the money, he wouldn't be famous enough for me to hear his words. While success can come from an inherited name, luck, or dishonesty, his came from plans and execution.   I disagree with you that Thiel is not an intellectual. He may be wrong, but his thoughts on matters are complex and thoughtful. This is evident to me in interviews of him that I have seen and especially in the book that everyone knows him by \"\"Zero to One\"\". I think its a great book (obviously). It reminds me of \"\"The Innovator's Dilemma\"\" in that it seems to address a higher level of business competition dynamics. Whether you find its points valid or not, a large number of people find it uniquely insightful.  I also disagree with you that he is not a tactical heavy hitter. His last minute double-down donation to Trump was more tactical than strategic. He was supporting Trump for strategic reasons. The form, timing, and degree of his support depended largely on tactical considerations. I, and most of his peers, thought he was throwing away money. He wasn't. His feud with Gawker was for strategic reasons. His funding Hogan against them was a tactic and depended on his estimation that it was likely to succeed.   &gt;He has shown some very good strategies but they more often than not require a lot of upfront money to be able to weather any temporal bad results. Is rather vague. I would guess you are confusing strategies with tactics.\""}
{"_id": "373312", "title": "", "text": "I agree with @STATMATT.  Financial statements are the only thing that Warren Buffett & Charlie Munger read. To answer your question though, really depends on what type of investor you are and what information are you trying to extract.   It is essential for the Buffett style (buy & hold).  But if you are a short term or technical investor then I don't see it being of much value."}
{"_id": "373322", "title": "", "text": "There are Education Training Quality Assurance bodies (ETQAs) in different sectors responsible for the accreditation of providers. Training providers would be accredited by one ETQA on the basis of primary focus. The provider would need to decide which ETQA sector the provider falls within and then which are the NQF standards or qualifications that it wishes to provide."}
{"_id": "373336", "title": "", "text": "Let's say Tommy has a really awesome Mom. She packs Oreos with Tommy's lunch, and every. Single. Day.   You're on the school meal plan, and get that boring old doughnut or jelly from the cafeteria daily as part of your lunch plan. You would really rather have Oreos.   For some reason, Tommy hates Oreos, but has a real hankering for the cafeteria dessert of the day.   You seek out a mutual friend, and Alice, and tell her that you wished your mom was as awesome as Tommy's mom. Alice knows about Tommy's opposite predicament.   So Alice says, why dont you pass me your cafeteria dessert every day, and ill pass you a packet of Oreos in return.   Never one to turn down a sweet (pardon the pun) deal, you and Alice shake on it.   Before the day is out, Alice finds Tommy and makes a similar deal with him.   Ive just described a swap transaction. Two corporates, you and Tommy, seek out a swap dealer (usually a bank or broker) who makes two back to back transactions that offsets the position on the dealer's books. They collect a fee, in terms of the bid/ask spread that they quote to the corporations.   If you would like to know more about the details, feel free to drop a reply. I work on swap pricing daily as part of my job and would be happy to answer."}
{"_id": "373346", "title": "", "text": "The main driver behind countries not printing themselves out of debt is the fact that it will cripple the economy, destroy citizens savings, asset valuations and piss all the countries trade partners off so much that they may stop doing business with them.  You will have a few different extremes, look at Zimbabwe as an example of a country that just prints money like no ones business.  America is essentially devaluing its currency to compete with China. That annoys the Chinese because their holdings are devalued and as such you then see people moving away from US treasuries into more stable commodities and currencies."}
{"_id": "373360", "title": "", "text": "Currently, in the US, you won't be able to get 4% return on a risk free investment (savings account, CDs, treasury bonds). If the banking system in India guarantees your money and the cost of transferring them to India is not prohibitive, that's the safest option. Buying a house usually is only worth it if you plan to live in it for a while, 5 years or more being the commonly cited figure. Every case is different, if you rent is very high, it might be worth to buy. I suggest posting another question specifically about that with more details about your situation. If you can tolerate a bit more risk, you might want to talk to a financial adviser and invest in the stock market."}
{"_id": "373375", "title": "", "text": "Rewards cards charge the merchant more to process.  So the card is making money when you use it.  So if your concern is for the cards going away because they are losing money... That is not going to happen because you use it too much.  If their business model has them losing money because they are giving away more rewards than they make then they are going to go away anyway.  TANSTAAFL.   If you are looking for security and the ability to access your funds when you need them then a standard savings account works great.  We have a few Credit Unions that have over 2% return while its not much it is safe and liquid and better than the Stock Market did in the last year."}
{"_id": "373378", "title": "", "text": "Its so funny to see Americans arguing about how terrible the minimum wage would be. I'm sure all those poor billionaires/millionaires cant afford to pay their workers a few euros extra per hour. Maybe it's because all their money is in safe havens?"}
{"_id": "373382", "title": "", "text": "\"I knew before I clicked that this was going to refer to Saez. I don't mean to disparage his scholarship, but he's clearly a guy with an agenda. For example, the reason this number is so outrageous is because 2010 was a *terrific* year for the stock market, and a middling to bad year for employment and wage growth. Stocks tend to be a leading indicator, while job growth is a trailing one. In fact, Saez also tries to make hay by comparing the first two years of this \"\"recovery\"\" with the entirety of the (much longer) '90's and '00's booms. If you target your analysis at years when the market has recovered but jobs haven't, of course you'll see greater income gains for the investor class.  But by that same token, Saez could have been putting out press releases for studies in 2008 showing how the rich were getting absolutely screwed by losing the lion's share of their income as the market tanked, while ordinary folks were perhaps losing only a little because the full force of job losses hadn't hit yet. But he didn't, AFAIK.\""}
{"_id": "373384", "title": "", "text": "stopit and I are very happy to vote for Romney. Its pathetic how the political narrative has gotten in this country and all the undue shit the job creators have received in this country. Judging by stopit's comment, its safe to say that he supports more tax breaks for the wealthy because they desperately need it. If there is less demand and less people aren't buying things because they are lazy fuck ups and couldn't keep their jobs or their home, or refuse to pay for medical insurance and go bankrupt as a result and keep having children they can't afford then the rich need all the help they can get because no one, NO RED BLOODED AMERICAN, wants to see their wealth get reduced or leave to another country. DON'T LET THEM GO GALT. Please vote Romney."}
{"_id": "373389", "title": "", "text": "Website:https://www.hosesfittings.com || Our company has mastered the art in offering American Standard Orfs Male Flat/Bsp Fitting to the clients. American Standard Orfs Male Flat/Bsp Fitting are designed and developed according to the needs and requirements of customers. Offered range is catered to the men in diverse sizes, designs, patterns and colors to keep the requirements of the clients in mind. These products are superbly designed by using the supreme quality material with the help of sophisticated machines in order to meet the on-going fashion trends. Offered range American Standard Orfs Male Flat/Bsp Fitting is widely appreciated by the esteemed customers like quality tested and excellent finish.                                                                                                                        Model NO.: G                                                                                                                                                                                                                                            Material: Low Carbon Steel                                                                                                                                                                                                                                            Surface Treatment: Chrome                                                                                                                                                                                                                                            Stock: Yes                                                                                                                                                                                                                                            Color: White or Yellow                                                                                                                                                                                                                                            Trademark: YH Hydraulic                                                                                                                                                                                                                                            Origin: Ningbo, China                                                                                                                                                                                                                                                                    Standard: DIN                                                                                                                                                                                                                                            Connection: Male                                                                                                                                                                                                                                            Head Type: Round                                                                                                                                                                                                                                            Size: All                                                                                                                                                                                                                                            Finish: Zinc Plated                                                                                                                                                                                                                                            Specification: SGS                                                                                                                                                                                                                                            HS Code: 73079900"}
{"_id": "373401", "title": "", "text": "Hey, I'm also from [Santa Cruz.](http://www.reddit.com/r/santacruzlocals), but not the same one as you. We tried to keep McDonalds (and all other fast food) out for years, but as outsiders began to overrun our town, it became a losing battle. Damn you, Valleys!   Anyway, Go, Santa Cruz!"}
{"_id": "373403", "title": "", "text": "The only reason other than falling stock price that I can think of for it to be cheaper to buy in year 2 is that the stock price isn't in $, but some other currency and the exchange rate changed.  I don't have a finance degree or official training, just an enthusiast."}
{"_id": "373407", "title": "", "text": "&gt; Lack of skills - nothing. They need to learn skills to survive just like everyone else.  Is that realistic?  We have assumed these people do not have the skills to be productive for society.  Wouldn't those same deficiencies make it impossible for these people to be productive with their own, unguided, self-improvement?  Do you think your average homeless person can put together a plan to get out of him/herself out of homelessness?"}
{"_id": "373410", "title": "", "text": "Gold is not legal tender. I can't walk into Walmart and buy groceries with 1/20 ounce of gold. I can't buy a TV or car with gold. And you can't *buy* money--that's not how it works.  I can sell a barrel of oil or a whatever of copper in any currency, but that doesn't make either of them currencies in and of themselves."}
{"_id": "373413", "title": "", "text": "Here is an IRS Publication 552 covering records retention The publication covers many areas, including proof of income, bank statements, old tax returns. There is a table that talks about how long to keep the records. In general it is 3 to 6 years. But for property it is 3 to 6 years after you dispose of the property."}
{"_id": "373419", "title": "", "text": "These are problems of crony capitalism.  Most of our industries, especially healthcare and military are dominated by monopolies.  More of the super wealthy have found that it is easier to make money having Republicans hand them monopolies with no regulation or oversight.  This is why we have the slowest and most expensive internet in the industrialized world (other countries with government run internet have faster and cheaper).  We have the most expensive and least effective healthcare in the industrialized world because of crony capitalism.  The U.S. does not have a free market.  It has crony capitalism."}
{"_id": "373426", "title": "", "text": "I can think of a few reasons why they seem like a bigger deal to people than similar situations with other loans. As you point out, though, being underwater on your home loan is a less serious condition than having large student loans and a poor paying job, for example.  If the student loan situation ever comes to a head, we may have people talking about student loans in hushed tones."}
{"_id": "373428", "title": "", "text": "Broaden your job search. It's a lot easier to find a horse than a white stallion, and android jobs, while not are rare as unicorns, are a tiny percentage of the job market."}
{"_id": "373442", "title": "", "text": "\"No, you're glossing over some very interesting issues here (as did ZH... very disappointed... shocked, really).  Here's the bottom line:  due to the USA's particular brand of fucked up foreign policy, foreign relations actions in one part of the world have produced an unexpected outcome due to the USA's neglect to take care of business on the other side of the world.  That outcome was one of Russia's largest state oil companies ending up with majority ownership of an American going interest, Citgo.  Now it looks pretty fucking odd when Russia, a country currently experiencing USA imposed sanctions, ends up owning American refineries that could be used to basically make up for any economic damage (thanks, Hurricane Harvey) the state dept. sanctions might have caused in the first place.  So, Goldman S. was authorized to clean up the fucking mess by creating a \"\"rehypothecation event\"\" on Citgo's assets to which Russia will lack complete (legal) credibility.  It really doesn't get any clearer or more obvious than this.  Meanwhile, South American good will is eroding faster than Florida coastline during a global warming tipping point.\""}
{"_id": "373449", "title": "", "text": "Why not use the money and pay the cards off? You say you'll have no money to your name, and while that's true, you do have $36,000 in available credit should an emergency arise. If it were me, I'd pay them off, make every effort to live on the cash I have without using credit and leave the cards open as a source of emergency funds (new home theaters are not emergencies!) until I got enough savings built up to not have to use credit at all."}
{"_id": "373452", "title": "", "text": "The most important number on your credit card statement is not your available credit. The number you should be focusing on is your account balance.  Before the refund, you had a balance of $0. That means that you did not owe the bank anything.  You then got a $400 refund. This put your account balance at +$400 (sometimes shown on your statement as $400 CR).  This means that you have a credit of $400, or the bank owes you $400.  If you now spend $400 at a store, your balance will go back to $0."}
{"_id": "373477", "title": "", "text": "Full boiler service give you confidence that all the gas appliances are working properly. This service is very essential, if you own commercial places such as school, hostel, resort, fitness club and others, because you\u2019ve to deal with numerous of customers, if your gas appliances are not working properly. Keep your gadget in good working order, save your money."}
{"_id": "373481", "title": "", "text": "The short answer is yes, losses get passed through to members. Limits/percentages do apply, primarily based on your share in the business. Check out the final post in this thread:  http://community2.business.gov/t5/Other-Business-Issues/Paying-oneself-in-a-LLC/td-p/16060  It's not a bad little summary of the profit/loss pass-through.  Regarding your 60K/60K example: the amount of money you earn in your day job will impact how much loss you can claim. Unfortunately I can't find anything more recent at the IRS or business.gov, but see this from 2004 - 40K was the limit before the amount you could claim against started to be mitigated: http://en.allexperts.com/q/Tax-Law-Questions-932/tax-loss-pass.htm HTH"}
{"_id": "373496", "title": "", "text": "**Nazism**  National Socialism (German: Nationalsozialismus), more commonly known as Nazism (), is the ideology and set of practices associated with the 20th-century German Nazi Party, Nazi Germany, and other far-right groups. Usually characterized as a form of fascism that incorporates scientific racism and antisemitism, Nazism's development was influenced by German nationalism (especially Pan-Germanism), the V\u00f6lkisch movement and the anti-communist Freikorps paramilitary groups that emerged during the Weimar Republic after Germany's defeat in First World War.  Nazism subscribed to theories of racial hierarchy and Social Darwinism, identifying the Germans as a part of what the Nazis regarded as an Aryan or Nordic master race. It aimed to overcome social divisions and create a German homogeneous society based on racial purity which represented a people's community (Volksgemeinschaft).  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.26"}
{"_id": "373497", "title": "", "text": "\"0% furniture loans can hurt your credit rating. I was told by a bank mortgage officer (sorry I can't cite a document) that credit rating algorithms consider \"\"consumer\"\" loans like 0% appliance loans and certain store-specific credit cards as a negative factor, lowering your overall score. The rationalization given was that that taking that type of credit is an indicator that you have zero cash reserves. The actual algorithms are proprietary, so I don't know how you could verify this. If true, it runs counter to the conventional wisdom that getting credit and then paying it off builds your credit score.\""}
{"_id": "373501", "title": "", "text": "The minimum at Schwab to open an IRA is $1000. Why don't you check the two you listed to see what their minimum opening balance is? If you plan to go with ETFs, you want to ask them what their commission is for a minimum trade.  In Is investing in an ETF generally your best option after establishing a Roth IRA? sheegaon points out that for the smaller investor, index mutual funds are cheaper than the ETFs, part due to commission, part the bid/ask spread."}
{"_id": "373506", "title": "", "text": "The superior briquette equipment style and design make it possible for briquette machine manufacturers produce excellent quality of Briquetting models as well as Briquetting machinery that produce high quality associated with briquettes biomass that is able to warmth the central heating boiler effectively."}
{"_id": "373509", "title": "", "text": "I'm confused why people are saying price and minecraft are the cause of this?  Minecraft launched nearly 10 years ago and has been very popular for a number of years. Prices have also been high for a long time.   This business had revenue growth of ~25% 2 years ago and still decent growth last year - so I don't think that those factors are the major causes.   I do wonder, after being the dominant toy for a long period, if it's not the 'must have' toy for present. Also wonder if their recent releases have been as compelling as previous ones..."}
{"_id": "373518", "title": "", "text": "Keep in mind that if you do agree to an exclusive sales agreement that your business will be at the mercy of the retailer.   They say you cut your price 10%? you do it because you have no choice. They want you to take back unsold inventory? You do it because you have no other choice. Good luck ever raising prices as well.   Depending on what you are manufacturing you could also be at the risk of the retailer white labelling your product in china and under cutting you.   Not saying it's an entirely bad idea, just be careful"}
{"_id": "373543", "title": "", "text": "\"A primary author of the study, Jacob Vigdor, is apparently known to be right leaning. Combine that with the contradictory conclusions in the study such as: \"\"Low wage workers lost out by 4 to 1!\"\" and \"\"Employment for those under $19 went up, as well as for businesses with only one location\"\". Then, add this cherry on top: \"\"The study did not include large companies with locations outside Seattle\"\" (wtf?). You've got yourself one shit show of a \"\"study\"\".\""}
{"_id": "373554", "title": "", "text": "If what you are paying in interest on the debt is a higher percentage than what your investments are returning, the best investment you can make is to pay off the debt. If you're lucky enough to be paying historically low rates (as I am on my mortgage) and getting good returns on the investments so the latter is the higher percentage,  the balance goes the other way and you'd want to continue paying off the debt relatively slowly -- essentially treating it as a leveraged investment.  If you aren't sure, paying off the debt should probably be the default prefrence."}
{"_id": "373570", "title": "", "text": "\"Doesn't make any difference.  Reconciling is important, but if you are constantly checking the online balance in between (because you are NOT keeping track of a running register balance) then the fact that you *eventually* \"\"balance\"\" is irrelevant...  And in fact if you're NOT maintaining a register, then you're really not \"\"reconciling\"\" (or \"\"balancing\"\") anything.... you're just looking over a bank statement and saying *\"\"OK that looks right\"\"*; or, as is more likely in your case saying *\"\"Waitaminute, that's not right ... Oh, I guess I forgot about that transaction... and that one... and that other one.\"\"*\""}
{"_id": "373581", "title": "", "text": "Have a proxy battle if you care so much about the long-term prospects of facebook or sue him for negligence.  If you've been paying attention to google/facebook/yahoo's recent massive acquisition spree recently, you either wouldn't care so much about this deal or shouldn't be in the stock if you were concerned about Zuckerberg playing venture capital."}
{"_id": "373585", "title": "", "text": "My understanding is that all ETF options are American style, meaning they can be exercised before expiration, and so you could do the staggered exercises as you described."}
{"_id": "373586", "title": "", "text": "As Murray Rothbard has said, it is myth that companies can get a monopoly and raise prices by themselves. They require government to do it. Government regulation, like patents, was not created to protect you from corporations, it was to protect corporations from each other. The only solution: less regulation."}
{"_id": "373587", "title": "", "text": "&gt; Monetizing the internet outside of advertising would be a boon to the economy and jobs....people just can't see it.  Yeah of course it would be. No one is disputing that.  &gt; If everyone paid for things, you know like pre-internet...  Okay, junior, so how are we going to get people to pay for things?"}
{"_id": "373619", "title": "", "text": "Clawback Provision. Stock grants and options were either canceled or forfeited if they'd already been paid out. None of the execs became destitute because of it but the action was significant.  Does anybody know how this compares to other cases of clawback?"}
{"_id": "373620", "title": "", "text": "I spent a while looking for something similar a few weeks back and ended up getting frustrated and asking to borrow a friend's Bloombterg.   I wish you the best of luck finding something,  but I wasn't able to.   S&amp;P and Morningstar have some stuff on their site,  but I wasn't able to make use of it.  Edit: Also,  Bloomberg allows shared terminals.  Depending on how much you think as a firm,  these questions might come up,  it might be worth the 20k / year"}
{"_id": "373642", "title": "", "text": "[Members of the NYPD are paid $46,288 during their first year on the force. But the pay jumps every year or half-year, reaching $90,829 at the five-and-half year point.](http://money.cnn.com/2015/01/06/news/economy/police-pay/index.html)   Old Article, but the 2x pay diff still seems to exist [LAPD ROOKIES GET DOUBLE N.Y. PAY WEST COAST WOOS COPS WITH SUN, SURF AND FAT SALARIES](http://www.nydailynews.com/news/lapd-rookies-double-n-y-pay-west-coast-woos-cops-sun-surf-fat-salaries-article-1.262685)  and then the [first tier pay for rank pay in grade](https://www.glassdoor.com/Salary/LAPD-Salaries-E135741.htm).  This doesn't include time in rank, which is significant. Which means just sitting around as a detective that pays $100K for 10-15 years means an easy $130K.  Add in mandatory court and whatever emergency and you get $150K.    Nurse pay is a bit harder, but here is base pay at [Kaiser](https://www.glassdoor.com/Hourly-Pay/Kaiser-Permanente-Registered-Nurse-Hourly-Pay-E19466_D_KO18,34.htm)"}
{"_id": "373645", "title": "", "text": "I used to like Applebee's when I was in Undergrad and Grad school... it was open late, it was relatively cheap (late night specials), and the food was better than your average college fair.   I recently went back with my SO for some nostalgia at like 8:30 p.m. and I realized very quickly that:  * Late night specials start at 10:00 p.m. - who the fuck stays out that late to eat on a weeknight?  * Food was awful, definitely went downhill from what I remember   * And it was super overpriced - like 9.99 for wings as an appetizer  GTFO here Applebee's"}
{"_id": "373657", "title": "", "text": "So, if you could not post opinion articles and people's blogs to this subreddit we could actually talk about economics. This horrible opinion piece that has to resort to calling its readers stupid before the end of the second paragraph isn't exactly academic."}
{"_id": "373677", "title": "", "text": "Hey, can some one explain to me the diference between a direct unsub loan, direct sub loan, and especially direct plus loan.  Since I will be getting this loans for school.  I would really apreciate it if anyone could help me out here.  Also, Is it smart to get into about debt for an education as an architect from a private education?"}
{"_id": "373688", "title": "", "text": "\"Here's a dump from what I use. Some are a bit more expensive than those that you posted. The second column is the expense ratio. The third column is the category I've assigned in my spreadsheet -- it's how I manage my rebalancing among different classes. \"\"US-LC\"\" is large cap, MC is mid cap, SC is small cap. \"\"Intl-Dev\"\" is international stocks from developed economies, \"\"Emer\"\" is emerging economies. These have some overlap. I don't have a specific way to handle this, I just keep an eye on the overall picture. (E.g. I don't overdo it on, say, BRIC + Brazil or SPY + S&P500 Growth.) The main reason for each selection is that they provide exposure to a certain batch of securities that I was looking for. In each type, I was also aiming for cheap and/or liquid like you. If there are substitutes I should be looking at for any of these that are cheaper and/or more liquid, a comment would be great. High Volume: Mid Volume (<1mil shares/day): Low Volume (<50k shares/day): These provide enough variety to cover the target allocation below. That allocation is just for retirement accounts; I don't consider any other savings when I rebalance against this allocation. When it's time to rebalance (i.e. a couple of times a year when I realize that I haven't done it in several months), I update quotes, look at the percentages assigned to each category, and if anything is off the target by more than 1% point I will buy/sell to adjust. (I.e. if US-LC is 23%, I sell enough to get back to 20%, then use the cash to buy more of something else that is under the target. But if US-MC is 7.2% I don't worry about it.) The 1% threshold prevents unnecessary trading costs; sometimes if everything is just over 1% off I'll let it slide. I generally try to stay away from timing, but I do use some of that extra cash when there's a panic (after Jan-Feb '09 I had very little cash in the retirement accounts). I don't have the source for this allocation any more, but it is the result of combining a half dozen or so sample allocations that I saw and tailoring it for my goals.\""}
{"_id": "373691", "title": "", "text": "Here is another way to look at it. Does this debt enable you to buy more car than you can really afford, or more car than you need? If so, it's bad debt. Let's say you don't have the price of a new car, but you can buy a used car with the cash you have. You will have to repair the car occasionally, but this is generally a lot less than the payments on a new car. The value of your time may make sitting around waiting while your car is repaired very expensive (if, like me, you can earn money in fine grained amounts anywhere between 0 and 80 hours a week, and you don't get paid when you're at the mechanic's) in which case it's possible to argue that buying the new car saves you money overall. Debt incurred to save money overall can be good: compare your interest payments to the money you save. If you're ahead, great - and the fun or joy or showoff potential of your new car is simply gravy. Now let's say you can afford a $10,000 car cash - there are new cars out there at this price - but you want a $30,000 car and you can afford the payments on it. If there was no such thing as borrowing you wouldn't be able to get the larger/flashier car, and some people suggest that this is bad debt because it is helping you to waste your money. You may be getting some benefit (such as being able to get to a job that's not served by public transit, or being able to buy a cheaper house that is further from your job, or saving time every day) from the first $10,000 of expense, but the remaining $20,000 is purely for fun or for showing off and shouldn't be spent.  Certainly not by getting into debt. Well, that's a philosophical position, and it's one that may well lead to a secure retirement. Think about that and you may decide not to borrow and to buy the cheaper car. Finally, let's say the cash you have on hand is enough to pay for the car you want, and you're just trying to decide whether you should take their cheap loan or not. Generally, if you don't take the cheap loan you can push the price down. So before you decide that you can earn more interest elsewhere than you're paying here, make sure you're not paying $500 more for the car than you need to. Since your loan is from a bank rather than the car dealership, this may not apply. In addition to the money your cash could earn, consider also liquidity. If you need to repair something on your house, or deal with other emergency expenditures, and your money is all locked up in your car, you may have to borrow at a much higher rate (as much as 20% if you go to credit cards and can't get it paid off the same month) which will wipe out all this careful math about how you should just buy the car and not pay that 1.5% interest. More important than whether you borrow or not is not buying too much car. If the loan is letting you talk yourself into the more expensive car, I'd say it's a bad thing. Otherwise, it probably isn't."}
{"_id": "373692", "title": "", "text": "Oh so you were serious. Maybe you should check out the 200b surplus Clinton left us, and the 1.4 trillion bush left us after his tax cuts. Maybe once you come up with a logical answer on if apple didn't didn't do the grand things you claim they will after they're making 20b extra a year from 5 years ago, why they would do it if they made 68b after tax cuts and not 65b like they do now?  What's a company who makes 15b now going to do when they make 17b after tax cuts that they couldn't do with 15b?   The answer is absolutely nothing. They will hoard more."}
{"_id": "373697", "title": "", "text": "\"Are there still people who keep significant amounts of money in a bank savings account? You could get ~1% by just choosing the right bank. ING Direct, for example, gives 0.8%, 4 times more than your credit union, with the same FDIC insurance! If you do want to invest in something slightly more long-term, you can get a CD. At the same ING Direct, you can get a 5-year CD with 1% APR. Comes with the same FDIC insurance. Note that I mention ING Direct just because I accidentally had their site open right in front of me, their rates are definitely not the highest right now. If you want to give up the FDIC insurance and take some more risks, you can invest your money in municipal bonds or various kinds of \"\"low risk\"\" mutual funds, which may yield 3-5% a year. If you want to take even more risks - there's a whole stock market available for you, with ETF's, mutual funds and individual stocks. Whether you should - that only you can tell. But you can have a NO-RISK investment yielding 4-5 times more than what you have right now, just saying.\""}
{"_id": "373717", "title": "", "text": "There is no situation one can imagine in which the US defaults (beyond a day or three) on its obligations. The treasury can print money, and while it would be disastrous, 'monetizing' the debt would simply eliminate all outstanding debt at the risk of devaluing the dollar to hyperinflation levels."}
{"_id": "373726", "title": "", "text": "The stock markets are closed on week-ends and public holidays because the Banks are closed. The Banking is a must to settle the payment obligations. So you may buy and sell as much as you wish, but unless money changes hands, nothing has really happened.   Now as to why Banking itself is closed on week-ends and public holidays, well a different question :) Keeping the system 24 hrs up and running does not actually push volumes, but definately push expenses for brokers, Banks etc. There definately is some convinience to buyers and sellers."}
{"_id": "373730", "title": "", "text": "No, you were not the stupid one.    Yes many of these mortgage companies will only work with you if you are behind. . . no idea why, but I will say that yes I have seen it.   You do not have to deal with the stress. . . . working with mortgage companies is not a fun proposition, they don't know what they are doing half the time.  You can leave and move whenever you want. . . even if their payments are better now who knows how long till they can actually see the place for enough to move.    I work in bankruptcy I have seen the stresses this causes. . .  it is not fun, even if they are doing better now, try not to envy them, it is not fun."}
{"_id": "373740", "title": "", "text": "Banks have huge amounts of foreclosure or pending foreclosure properties on their books that they haven't even listed for sale yet. The ratio is something like 6 to 1. The amount of inventory held on the books, but off the market is larger than the entire MLS market.  In a competitive market, a smart bank would try to dump their property now before the other banks do. But instead, all the banks are holding their properties off the market and trickling them out at a slow rate.  Collusion?"}
{"_id": "373750", "title": "", "text": "Not sure where you got the 296 crores figure. The data on the sheet shows activity by category of investors. In the end NET of all BUY and SELL across all categories will always be Zero. It has no bearing on whether the stock market goes up or goes down. If you compare only activity by certain category, say FII then there could be more SELL compared to BUY or vice-versa."}
{"_id": "373757", "title": "", "text": "Many times, specific CEOs are hired by the board in part because the board members will also at times in the future possibly be in the running to be the CEO of a company, and the previous CEO's they voted for in may wind up being on the board of the company they want to be CEO of. So one hand makes damn sure it's washing the other.  It's a very incestuous process and not uncommon for CEOs of one company to be sitting board members on another."}
{"_id": "373772", "title": "", "text": "By simplifying my hobbies, I have more time for money-saving activities such as researching deals, creating an effective coupon-clipping system, and making more foods from scratch (which doubles as entertainment since I enjoy it).  When I run frantically from activity to activity, I tend to mindlessly throw away more money, too.  By living more intentionally, I think about my purchases more as well. On the simplifying note, never underestimate the power of less stuff in terms of being able to fit into a smaller home.  That leads to less space to heat and cool, which leads to savings.  Everyone has their comfort level with less, of course, and some people love space.  There are just trade-offs to more stuff."}
{"_id": "373781", "title": "", "text": "\"What exactly do you need explained?  Short term returns show \"\"fat tails\"\" in their distribution.  Long term returns converge towards a gaussian distribution.  The authors think there's a connection between this and the \"\"long memory\"\" of volatility (i.e. that the autocorrelation of absolute volatilities also has a fat tail).\""}
{"_id": "373784", "title": "", "text": "Mental conditions such as dyslexia , dispraxia and even forms of autism commonly occur amongst the old familes in the UK . If anything they give people who have them an edge because they have to work that much harder to deal with the problems .  The UK , like a lot of Europe , has a strong emphasis on civility and social skills and , as such , anyone with mental conditions is not given a free ride . They are understood and supported but they are expected to get their act together ."}
{"_id": "373805", "title": "", "text": "For conservative  * don't mention or admit that you go on Reddit, Facebook or Twitter * get familiar with [The Drudge Report](http://drudgereport.com/) and the links they cover * do what you can to bone up on the Constitution and the recent attacks on its laws"}
{"_id": "373812", "title": "", "text": "Well, I can tell you that Micro Center has my business because they still cater to enthusiasts. Their price on my 750W PSU was lower than online prices so I drove an hour out of the way to pick it up and bought a whole bunch of other stuff on the way out. I think I spent something like $600.   As to how their price was lower than online prices, I have no idea."}
{"_id": "373822", "title": "", "text": "You're a leader now. Your role demands it. Do everything possible to learn your strengths and build your leadership skills. When you are at work just remember your relationship is not a friend or family based one. It's business. Make that expectation clear. Communicate."}
{"_id": "373834", "title": "", "text": "Hey thanks for your response.  The commodity is actually electricity, so definitely not able to store.  Would you mind giving me a short summary of your thought process or an example of how you compare liquid markets vs illiquid ones when looking at more traditional commodities?  If that is a bit much to ask, as I am sure it could get quite involved do you have any reading recommendations?    This little project has sparked an interest."}
{"_id": "373835", "title": "", "text": "EShred is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction."}
{"_id": "373836", "title": "", "text": "\"The snarky part of me wants to say something like \"\"but hey, the wealth will trickle down, right?\"\"  However, at least they're providing some kind of gainful employment, and they're acting within regulations so...even if it ain't perfect, it's still better than all those people being unemployed.\""}
{"_id": "373840", "title": "", "text": "\"&gt; the natural rights of the Jews who must live as second class citizens have certainly been lost.   Really?  What \"\"natural rights\"\" have they had removed?  They are still free to own their own property, dispose of it as THEY see fit - say by not serving Bigot Bobby when he comes into their stores.   A \"\"natural right\"\" it something that is innate to being human.  You have no natural right to shop or buy things, sorry.  &gt; And comparing an actual church to a church-run business like a hospital (the type of business affected by the Obama legislation you allude to) is also inappropriate for the same reason.  Only because you don't want to admit that your worldview is based on he exertion of extreme force and prejudice.  The fact that anyone would defend violating people's religious beliefs is just one indication of the moral sewer we've been led into by the equal rights nonsense.  You do NOT have a right make any business owner - religious or otherwise -  do things that are against their beliefs.  Period.  &gt; . But unless we abridge the rights of those with wealth and power to oppress others through economic means  This is left drool of the worst kind.  Wealth can only be accumulated via two methods:  Theft (which I oppose in all it's forms including yourse wherein you want to seize the property of private citizens that own businesses) and Creation Of Value (whether by goods or services).  Setting aside theft for a moment, this means that all wealth *is created because someone, somewhere  created great value for other people.  Even if I inherit money, it still came from one of these two sources.  Most importantly *it does not bleong to the public, it does not belong to the government*.  &gt; Being FORCED to live life as a second class citizen is FAR WORSE than being forced to do business with people you prefer to shun.  Go start a business and get back to us.  You are not only wrong, you are wrong pathologically.  If a person is refused service for any reason, they can find another store, shop, or vendor.  If I refuse to comply with government do-gooding and meddling, I go to jail.  Forceful acts by government are ALWAYS far worse than forceful acts in the private sector, at least in the usual case.  &gt; If you have any ideas about how to ensure all citizens have a realistic opportunity for success without any government intervention in the economy  This is an absurd demand.  Apparently, you did not get the memo.  THERE IS NO EQUAL OPPORTUNITY IN LIFE FOR SUCCESS.  How do I know this?  Because some people are smarter, better looking, stronger, take more risks, have better families that support them and so on.  The only way to equality of the sort the left keeps gurgling on and on about is to have everything lowered to the lowest possible common denominator.  That's how you get the cultural messes like Watts in LA or Englewood in Chicago, downtown D.C., downtown Detroit, Appalachia, and so on.  They're \"\"equal\"\" all right - equally miserable.  You'd better grow up fast on this one - some people succeeding and a few failing is WAY better than EVERYONE failing... and that's exactly where your collectivist sewer leads.  It doesn't matter what you or I think, it's observable in Reality.\""}
{"_id": "373853", "title": "", "text": "This is bullshit. The US government requires taxes to be paid in USD. There's your intrinsic value. If you want to be compliant with the federal law, your business and you as an individual are required to convert assets or labor into USD to pay them."}
{"_id": "373862", "title": "", "text": "Sounds to me like you're describing just how it should work.  Ask is at 30, Bid is at 20; you offer a new bid at 25.  Either: Depending on liquidity, one or the other may be more likely. This Investorplace article on the subject describes what you're seeing, and recommends the strategy you're describing precisely. Instead of a market order, take advantage of the fact that the options world truly is a marketplace \u2014 one where you can possibly get a better price just by asking. How does that work? If you use a limit order (instead of a market order) when opening a position, you can tell your broker how much you are willing to pay to enter a trade. For example, if you enter a limit price of $1.15, you can see whether the market-maker will bite. You will be surprised at how many times you will get your price (i.e., $1.15) instead of the ask price of $1.30. If your order at $1.15 is not filled after a few minutes, you can modify your order and pay the ask price by entering a market order or limit order at the ask price (that is, you can tell your broker to pay no more than $1.30)."}
{"_id": "373864", "title": "", "text": "I had to open a bank account in the US without having the right paperwork initially (SSN really).  All the bank asked me to do was fill in a W8 form in lieu (instead) of the social security number."}
{"_id": "373876", "title": "", "text": "One bedding material that everyone totally loves is the bed cover as it makes your bedding tasks easier. You just need to spread it over the bedding and you will be done. Be that as it may, you can likewise do this with a great duvet cover."}
{"_id": "373903", "title": "", "text": "\"I think the question can be answered by realizing that whoever is buying the stock is buying it from someone who can do the same mathematics. Ask your son to imagine that everyone planned to buy the stock exactly one week before Christmas.  Would the price still be cheap?  The problem is that if everyone knows the price will go up, the people who own it already won't want to sell.  If you're buying something from someone who doesn't really want to sell it, you have to pay more to get it.  So the price goes up a week before Christmas, rather than after Christmas. But of course everyone else can figure this out too.  So they are going to buy 2 weeks before, but that means the price goes up 2 weeks before rather than 1 week.  You play this game over and over, and eventually the expected increased Christmas sales are \"\"priced in\"\".  But of course there is a chance people are setting the price based on a mistaken belief. So the winner isn't the person who buys just before the others, but rather the one who can more accurately predict what the sales will be (this is why insider trading is so tempting even if it's illegal).  The price you see right now represents what people anticipate the price will be in the future, what dividends are expected in the future, how much risk people think there is, and how that compares with other available investments.\""}
{"_id": "373905", "title": "", "text": "Several options: Banks - ask in the branches near to you if any of them would do that. They generally only service their account members, but if you smile and talk nicely to the tellers they might do that for you. It may involve some nominal commission. Check cashing places - they're everywhere, and they carry large denomination bills. They will probably do that, but will likely charge a commission. Money orders - if you don't want to give a personal check, buy a money order at the post office, and dump the cash on them. It costs a nominal fee ($1.60 at USPS)."}
{"_id": "373909", "title": "", "text": "Chicken that's been processed to include other ingredients.  For example, we could buy a chicken product, that is partially chicken, and partially not, and use that to make our meatballs. We don't though, so it's made with 100% chicken.   I get how the end result is similar, but it's a separation of processors. Our meatballs include bread crumbs, cream, onions, etc., and are hence not 100% chicken, but our input is chicken (and our product 97.6% chicken)."}
{"_id": "373946", "title": "", "text": "Do you have a spouse? You can contribute to a spouse's IRA if you guys are filling a joint tax return"}
{"_id": "373949", "title": "", "text": "Health insurance varies wildly per state and per plan and per provider - but check them out to have a baseline to know what it should cost if you did it yourself. Don't forget vacation time, too: many contract/comp-only jobs have no vacation time - how much is that 10 or 15 days a year worth to you? It effectively means you're getting paid for 2080 hours, but working 2000 (with the 2 week number). Is the comp-only offer allowing overtime, and will they approve it? Is the benefits-included job salaried? If it's truly likely you'll be working more than a normal 40 hour week on a routine basis (see if you can talk to other folks that work there), an offer that will pay overtime is likely going to be better than one that wouldn't .. but perhaps not in your setting if it also loses the PTO."}
{"_id": "373952", "title": "", "text": "I just got a degree in economics. Not that it makes me an unparalleled expert, but I do believe that many of these graphs are misleading and readers should be wary. The scales on the chart are not consistent, even in regards to stats the author purports to be comparable (example: the scale on the debt of households, corporations, and government are vastly different). The government not being bloated argument begins with an analysis of how there are (supposedly) not a crazy number of government employees. But this would appear to leave out *military contractors, and perhaps even some soldiers*. These are artificially created jobs paid for by tax dollars that ought to be lumped into a fair analysis of the total number of government employees. That's just to get started on my criticisms.  Edit: a word"}
{"_id": "373961", "title": "", "text": "I don't know why this is news, it's been possible for quite a while.  A layer 7 firewall which filters certain types of traffic going outbound from the wireless guest network.  A block page upon filtering that contains approved links for which the user can shop.  A DNS proxy or even just the DHCP option to point the wireless network at the internal DNS of the store would point any name that the store wanted at its own domains.  The average user doesn't know enough to not accept that infamous security warning indicating a non-matching certificate to domain name matching.  And that only assumes the user goes to an https connection.  If the company really wants to release themselves of any responsibility or liability, to get on the network they could require the user to accept and acceptable use policy which states, among other things, use of the wifi is at the sole discretion of the store as they are providing a free service.         Really not hard."}
{"_id": "373966", "title": "", "text": "\"The likely reason the mortgage is \"\"tricky to get\"\" is the adviser is probably recommending an interest-only mortgage in which there is no repayment of principle before maturity.  That would allow you to deduct the amount of the interest expense from your taxable income.  Your investment grows compound tax deferred and the principal invested (the mortgage balance) is completely tax free since it never qualifies as income for tax purposes. Example ideal scenario: Refinance $100,000 on a 5/1 ARM-interest only at 3%.  Invest the $100,000 at 6%.  Each year you effectively pay taxes on only the gains greater than interest.  If you reinvest the profits it looks something like: Net Profit:    $12,309 Effective Tax Rate:  13.21%\""}
{"_id": "373977", "title": "", "text": "Wooden Vegetable Trugs  &amp; Vegtrug Wall Hugger are supplied with a pre-formed careful liner, but if for any reason yours requires substitution should it be damaged in any way, you can purchase the correct size for your planter here. Vegtrug Wall Hugger Small is made from strong black polyethylene fabric which forms a sheet. They also protect the wooden frames from the sticky compost. More Visit : https://www.directbargainwarehouse.com.au/collections/vegtrug-see-what-you-can-grow"}
{"_id": "373982", "title": "", "text": "I'm seriously considering liquidating my Roth as it's taken me years to build what I have. My rationalization: the market feels really expensive, and I feel a lot of risk with our current political climate. Is it normal to feel like you're sticking your neck out during times like this? I'm feeling pretty gun shy after 08-09 (stayed in market even though I got creamed).   Or am I being a panicked little kid that needs to take a deep breath and ride the upcoming uncertainty (translation: stay in the market)?"}
{"_id": "374008", "title": "", "text": "Is it possible to open a GBP bank account in Pakistan ? Yes you can. Quite a few Banks offer Foreign currency accounts in GBP [or USD or EUR, JPY] Are there any risks in doing so ? Generally no. As per Protection of Economic Reforms Act (PERA) of 1992 and foreign currency accounts (protection) ordinance 2001 the funds are protected and you can move them back out of Pakistan any time. However if you are looking at investing into property and then selling it after few years, there maybe difficulties in such transactions and consult a tax advisor familiar with such cases. All money is legit with bank statements of my pay which is between 35K and 40K per year, am I going to have any trouble at airport as limit is \u00a37K only Carrying cash of this amount is generally not advisable. It is best to do a Bank to Bank transfer. You can visit one of the Pakistan Bank that has branch in UK [say Standard Chartered, Citi, HSBC, etc]. They should be able to open account with transfer of funds. There is no limitation on carrying foreign exchange in cash when you enter Pakistan. However when you are travelling out of Pakistan you can only carry USD 10,000 or eq. per person."}
{"_id": "374020", "title": "", "text": "\"This will depend on individual bank policy. Federal Reserve Regulation D is the regulation that requires banks to disallow more than 6 \"\"convenient transactions\"\" in a month on savings accounts.  If they do allow it, they will fail their audits and be fined. As a result, banks will do one of several things: either prevent you from any more transactions for the month, charge you a fee, convert your account to a checking account, or simply close the account altogether.  If they do that, they will give you the money in it (probably by mailing you a check). You have a few options before that happens.  First of all, if this is an account that you regularly spend money out of, the appropriate account type is a checking account.  You could go to the bank and open a checking account, which will not have a transaction limit. If you are unable or unwilling to do that, you'll need to stay under this limit.  However, you should be aware that not all withdrawal types fall under this \"\"6 transaction\"\" limit.  The regulations talk about \"\"convenient transactions,\"\" which generally include things like automated payments, debit card, check, internet transfers, etc.  Cash withdrawals in person or at an ATM generally do not fall under this limit, so that is an option for you if you hit your limit for the month.\""}
{"_id": "374021", "title": "", "text": "\"The only reason taxes are \"\"needed\"\" is because the people are to ignorant to know there are better more moral systems out there. For instance instead of stealing hard earned money from people tax the money they spend ie federal sales tax. \"\"How is that any different?!\"\" Because a sales tax isn't theft it just raises the price of products you want to buy, this way there is no tax dodging and no imprisonment for keeping what you earned and what is rightfully yours\""}
{"_id": "374028", "title": "", "text": "That's overly simplistic. The stockholders made millions. She kept the ship afloat and maintained their multi-billion dollar investments long enough for the acquisition. She paid for her shortcomings through the years through stock withholding and cuts, so while the investors were making x amount of money, she was making x-y. Imagine a more skittish CEO who would cash out investments to plug a hole in a ship that was destined to sink, delay the inevitable. The company fails anyway, just later rather than sooner, and the stockholders lose their money."}
{"_id": "374030", "title": "", "text": "As one answer points out, people buying greeting cards care little about whether they cost 25 cents or $5.  Those are both small amounts of money and it's not something you buy often---also people feel the need to spend money because it's a gift. On the supplier side, it should be noted that the cost of cards has little to do with the paper they are printed on.  There is an expectation that cards are new and unique...something the buyer and recipient have never seen.  So they have writers and graphic designers constantly cranking out a large variety of cards and replacing existing cards with new ones, of which only a small number get sold before they move to the next model.  Relatively speaking, there is a lot of human effort per thousand cards sold.  Then of course there is the real estate they occupy in the store (disproportionate to a bunch of pieces of paper) and other retail, marketing, and distribution costs.  I'm not saying margins are particularly thin, but if they were crazy high we probably would see more entry as you suggest."}
{"_id": "374036", "title": "", "text": "LC WebProsb is the best and trusted resource that offers to help you market your products and services both smarter and better. We provide the best online marketing service in the world. The fact is the social media marketing contributions and discussions are held by the community of people, they have the freedom to discuss any company. The businesses have to keep up, and that means figuring out how to manage customer requests that come in via social media."}
{"_id": "374049", "title": "", "text": "This is definitely a scam. I had a friend sign up for a very similar offer and what they did was send a fake check and then asked to transfer the same amount to them. So now you just send them a couple grand and you're holding a fake check."}
{"_id": "374051", "title": "", "text": "&gt; 5-10 years  Dude, 5-10 years is nothing. For people who make a living in the trucking industry that means that in as little as 5 years they may need to have have reinvented their careers. If you're a career truck driver without any other education you could be screwed before you know it."}
{"_id": "374054", "title": "", "text": "\"We already have plenty of \"\"dreamers\"\"  dreaming of not being homeless. This is affirmative action political horse shit for people are not even American citizens. This couldn't be more anti-white and it's completely superficial and right on the surface, are you surprised by white people saying fuck you?\""}
{"_id": "374063", "title": "", "text": "This is an organization with a strong Christian atmosphere that actively employs fellow believers and hosts a bible study every morning.   If that isn't a church, then what *do* you consider a church?  Also, it wasn't an analogy. It was an explanation of why certain organizations may choose to hire like-minded people.   EDIT: No clue why this is getting downvotes. Equal opportunity employment is not without its practical limitations."}
{"_id": "374078", "title": "", "text": "Well, it seems you can't answer the question. Perhaps the difference in types of banks isn't so dry, is it, you dumb fuck.  But go ahead an double down on being an ignorant idiot who thinks he knows it all. If you get into politics it will serve you well."}
{"_id": "374094", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Ryanair buoyant despite cancellations](https://www.reddit.com/r/talkbusiness/comments/79unr1/ryanair_buoyant_despite_cancellations/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "374100", "title": "", "text": "Horse shit. Why do you feel the need to lie? A: They are not being subsidized. You are honestly saying that USPS's service was so consistently terrible that they delayed, destroyed, and lost your packages to the point that your customers' attitudes would change immediately upon changing to UPS?  Horse Shit."}
{"_id": "374106", "title": "", "text": "The scenarios you describe are obviously easy to catch. It is reasonably defined in tax law, but more needs to be done to exert the spirit of the rules. The problem is that when international businesses are cross charging  there is limited information the tax offices have to argue the toss - for example a UK tax office cannot audit the accounts of its US parent in order to decide whether a cross charge representing license fees and marketing costs is fair - but these types of transaction are one of the primary mechanism for avoiding taxes. These are therefrom inferred by the UK companies accounts but not 'in the open' in the sense that they can be easily challenged with accurate information. And that is why it happens, people know about it, but it is still not easy to stop."}
{"_id": "374124", "title": "", "text": "I suppose you would support having the government provide all the wonderful pension and medical benefits that government workers, including legislators of course, receive?  And where pray tell would all the cash come from?  Just have the government print it up??? Surely you can't be stupid enough to think that money created endlessly as needed without producing anything can retain its value do you? Government employees, including legislators and professional politicians, should not receive special benefits merely because they happen to be bureaucratic leeches on the public teat."}
{"_id": "374134", "title": "", "text": "Amazon is always going to be pointless for screws and nails because you can't ship that economically.  You can't do items like lumber, sheet rock, or concrete due to weight.  You can never ship large items due to size.  Amazon fits for knick knacks that are expensive enough to ship, but small and light enough for Prime.  Their weakness is still needing to ship things.  Plus it can't be underestimated that you need to return shit because it doesn't fit or the contractor needs an exchange for something else.  Makes sense to make a Home Depot run; stupid if you need to ship it back to Amazon to do an exchange.  This only works if Amazon enters the warehouse showroom space and has exchanges, returns, and purchases done face to face.  This is something Home Depot already has the advantage in.  Amazon may attempt to kill them with a thousand cuts with light bulbs, hammers, and small parts."}
{"_id": "374144", "title": "", "text": "Whoever wrote this article is an idiot. $112,000 income in NY makes you barely middle class. 529 plans and 401k plans are two of very few actually sensible pieces of tax policy this burning dumpster fire of a country has. Come to Brooklyn and tell the high school janitor who makes $100k that he is too affluent to get college savings tax credits and be prepared to get punched in the face."}
{"_id": "374145", "title": "", "text": "Why would you want the company who failed to be the one monitoring your credit?   Bankrupt them and be done with them. They're likely going to be sued into insolvency and that in turn should create an about-face to the other credit companies.    The last thing anyone should want is giving additional or further responsibility to a company with the largest personal information leak of all time."}
{"_id": "374149", "title": "", "text": "You need to know your costs. Some are fixed. Review them.  There are some expenses that are variable. Review the amount and if it is reasonable.  Review your large orders. Are they increasing?  Ask him how he thinks people will steal from the company. Did he see a large order and the customer will default?"}
{"_id": "374151", "title": "", "text": "hello pointbox,  i enjoy getting in front of someone that does know what they are talking about, so i have a question for you...  could you give to us a textbook example of what a high frequency trade looks like?"}
{"_id": "374158", "title": "", "text": "Susan Rice isn't a congresswoman. Hillary earned most of her money through foriegn and domestic speaking fees and a magic agriculture futures deal after bill left office (bribery) to the tune of hundreds of thousands of dollars per speech.  Bribery isn't only endemic to congress. Federal employees also profit off of lobbying and influence peddling (bribery, corruption)"}
{"_id": "374199", "title": "", "text": "No fucking shit. Since it is their money that Greece is spending, I think they have a right to put some stipulations on it. Imaging trying to indefinitely keep Greece's ponzi scheme going if they didn't cut debts? Even if that could work (which I doubt) it would be too expensive to be feasible."}
{"_id": "374200", "title": "", "text": "\"It isn't just Fox News. Even liberal leaning sources like the Washington Post, ABC and the Seattle Times are using titles like \"\"A \u2018very credible\u2019 new study on Seattle\u2019s $15 minimum wage has bad news for liberals\"\" and \"\"New study of Seattle's $15 minimum wage says it costs jobs\"\"    Now here are some citations from the actual study (which you obviously didn't read or you wouldn't have made the asinine comment above) \"\"Importantly, the lost income associated with the hours reductions exceeds the gain associated with the net wage increase of 3.1%. Using data in Table 3, we compute that the average low-wage employee was paid $1,897 per month. The reduction in hours would cost the average employee $179 per month, while the wage increase would recoup only $54 of this loss, leaving a net loss of $125 per month (6.6%), which is sizable for a low-wage worker.\"\"  \"\"Our preferred estimates suggest that the Seattle Minimum Wage Ordinance **caused hours worked by low-skilled workers (i.e., those earning under $19 per hour) to fall by 9.4%** during the three quarters when the minimum wage was $13 per hour, resulting in a loss of 3.5 million hours worked per calendar quarter. Alternative estimates show the number of low-wage jobs declined by 6.8%, which represents a loss of more than 5,000 jobs. These estimates are robust to cutoffs other than $19.45 **A 3.1% increase in wages in jobs that paid less than $19 coupled with a 9.4% loss in hours yields a labor demand elasticity of roughly -3.0**\"\"  I understand if you won't respond. It is scary having your liberal narrative shattered.\""}
{"_id": "374204", "title": "", "text": "Close-end funds just means there's a fixed number of shares available, so if you want to buy some you must purchase from other existing owners, typically through an exchange. Open-end funds mean the company providing the shares is still selling them, so you can buy them directly from the company.  Some can also be traded on exchanges as well."}
{"_id": "374211", "title": "", "text": "The buying service your credit union uses is similar to the one my credit union uses. I have used their service several times. There is no direct cost to use the service, though the credit union as a whole might have a fee to join the service. I have used it 4 times over the decades. If you know what make and model you want to purchase, or at least have it narrowed down to just a few choices, you can get an exact price for that make, model, and options. You do this before negotiating a price. You are then issued a certificate. You have to go to a specific salesman at a specific dealership, but near a large city there will be several dealers to pick from.  There is no negotiating at the dealership. You still have to deal with a trade in, and the financing option: dealer, credit union, or cash. But it is nice to not have to negotiate on the price. Of course there is nobody to stop you from using the price from the buying service as a goal when visiting a more conveniently located dealership, that is what I did last time. The first couple of times I used the standard credit union financing, and the last time I didn't need a loan. Even if you don't use the buying service, one way to pay for the car is to get the loan from the credit union, but get the rebate from the dealer. Many times if you get the low dealer financing you can't get the rebate. Doing it this way actually saves money. Speaking of rebates see how the buying service addresses them. The big national rebates  were still honored during at least one of my purchases. So it turned out to be the buying service price minus $1,000. If your service worked like my experience, the cost to you was a little time to get the price, and a little time in a different dealer to verify that the price was good."}
{"_id": "374224", "title": "", "text": "The answer to this question can be found in the related question  Is there any online personal finance software without online banking?"}
{"_id": "374225", "title": "", "text": "\"First of all, it's great you're now taking full advantage of your employer match \u2013 i.e. free money. Next, on the question of the use of a life cycle / target date fund as a \"\"hedge\"\": Life cycle funds were introduced for hands-off, one-stop-shopping investors who don't like a hassle or don't understand.  Such funds are gaining in popularity: employers can use them as a default choice for automatic enrollment, which results in more participation in retirement savings plans than if employees had to opt-in.  I think life cycle funds are a good innovation for that reason. But, the added service and convenience typically comes with higher fees.  If you are going to be hands-off, make sure you're cost-conscious:  Fees can devastate a portfolio's performance. In your case, it sounds like you are willing to do some work for your portfolio.  If you are confident that you've chosen a good equity glide path \u2013 that is, the initial and final stock/bond allocations and the rebalancing plan to get from one to the other  \u2013 then you're not going to benefit much by having a life cycle fund in your portfolio duplicating your own effort with inferior components.  (I assume you are selecting great low-cost, liquid index funds for your own strategy!)  Life cycle are neat, but replicating them isn't rocket science. However, I see a few cases in which life cycle funds may still be useful even if one has made a decision to be more involved in portfolio construction: Similar to your case: You have a company savings plan that you're taking advantage of because of a matching contribution.  Chances are your company plan doesn't offer a wide variety of funds.  Since a life cycle fund is available, it can be a good choice for that account.  But make sure fees aren't out of hand.  If much lower-cost equity and bond funds are available, consider them instead. Let's say you had another smaller account that you were unable to consolidate into your main account.  (e.g. a Traditional IRA vs. your Roth, and you didn't necessarily want to convert it.)  Even if that account had access to a wide variety of funds, it still might not be worth the added hassle or trading costs of owning and rebalancing multiple funds inside the smaller account.  There, perhaps, the life cycle fund can help you out, while you use your own strategy in your main account. Finally, let's assume you had a single main account and you buy partially into the idea of a life cycle fund and you find a great one with low fees. Except: you want a bit of something else in your portfolio not provided by the life cycle fund, e.g. some more emerging markets, international, or commodity stock exposure.  (Is this one reason you're doing it yourself?) In that case, where the life cycle fund doesn't quite have everything you want, you could still use it for the bulk of the portfolio (e.g. 85-95%) and then select one or two specific additional ETFs to complement it.  Just make sure you factor in those additional components into the overall equity weighting and adjust your life cycle fund choice accordingly (e.g. perhaps go more conservative in the life cycle, to compensate.) I hope that helps! Additional References:\""}
{"_id": "374228", "title": "", "text": "Ok the black suit being for funerals and weddings only thing freaks me out because I've worn black suits to two interviews already.   I'm gonna check out suit supply, there's a location nearby. What exactly is dark navy and medium gray (as opposed to what, light navy and dark gray?)  What about those suits that are very lightly striped and black"}
{"_id": "374235", "title": "", "text": "&gt;a large amount of tax leaves the countryside and gets sucked into the cities.  I don't live in the US so could you elaborate why that is the case? As far as I am aware, it's an almost universal law that most prosperous places become net contributors and subsidises poorer areas."}
{"_id": "374237", "title": "", "text": "\"There's little to make short flights suck less, but that 90 minute flight from Buffalo/Rochester to JFK (common for some civil servants here) won't totally wreck a person.  That said, in a lot of those cases, the perks are comped because courting regular government business is good business for the airline.  Longer flights with layovers, that nice lounge to spend the layover in, a nicer meal than a stale sandwich and bag of peanuts, and possibly even enough room to catch a little more shuteye, those are perks.  So is being able to offer more time at home with family, etc.  Also, if you're in travel status, you're getting paid per diems plus in some cases additional wages outright for the time you spend outside your normal working hours traveling.  It's not as much of a cost savings as all that when compared to other factors.  People see \"\"ooooh look at that extravagant public servant, ripping off the taxpayer by taking more than they need\"\" and don't consider the whole picture.  Which is why most people should never be executives or even middle managers.\""}
{"_id": "374239", "title": "", "text": "First of all Congrats- a- fucking- lation!  I\u2019ve been to Cambodia two years ago. I bought the two day pass at AngorWat but it was my hotel, who set it up.  My best advice is to make partnerships with local hostels, hotels, and Airbnb\u2019s to take their guest as part of a tour.  Have maps handy and describe the tour and what they are going to see. After a point in my tour it seemed like I was seeing the same thing over and over again and didn\u2019t return for the second day.   So try to make an exciting tour, and a sunset tour should cost more though. Also maybe include the \u201chappy\u201d pizza spot as part of the tour.  Edit: I think it was a three day pass I bought I\u2019m not sure. I just know it was more than one day. Also don\u2019t charge extra to take pictures for customers."}
{"_id": "374243", "title": "", "text": "\"I read a really good tract that my credit union gave me years ago written by a former car salesman about negotiation tactics with car dealers. Wish I could find it again, but I remember a few of the main points.  1) Never negotiate based on the monthly payment amount. Car salesmen love to get you into thinking about the monthly loan payment and often start out by asking what you can afford for a payment. They know that they can essentially charge you whatever they want for the car and make the payments hit your budget by tweaking the loan terms (length, down payment, etc.)  2) (New cars only) Don't negotiate on the price directly. It is extremely hard to compare prices between dealerships because it is very hard to find exactly the same combination of options. Instead negotiate the markup amount over dealer invoice.  3) Negotiate one thing at a time A favorite shell game of car dealers is to get you to negotiate the car price, trade-in price, and financing all at one time. Unless you are a rain-man mathematical genius, don't do it. Doing this makes it easy for them to make concessions on one thing and take them right back somewhere else. (Minus $500 on the new car, plus $200 through an extra half point on financing, etc).  4) Handling the Trade-In  5) 99.9999% of the time the \"\"I forgot to mention\"\" extra items are a ripoff They make huge bonuses for selling this extremely overpriced junk you don't need.    6) Scrutinize everything on the sticker price I've seen car dealers have the balls to add a line item for \"\"Marketing Costs\"\" at around $500, then claim with a straight face that unlike OTHER dealers they are just being upfront about their expenses instead of hiding them in the price of the car. Pure bunk. If you negotiate based on an offset from the invoice instead of sticker price it helps you avoid all this nonsense since the manufacturer most assuredly did not include \"\"Marketing costs\"\" on the dealer invoice. 7) Call Around before closing the deal Car dealers can be a little cranky about this, but they often have an \"\"Internet sales person\"\" assigned to handle this type of deal. Once you know what you want, but before you buy, get the model number and all the codes for the options then call 2-3 dealers and try to get a quote over the phone or e-mail on that exact car. Again, get the quote in terms of markup from dealer invoice price, not sticker price. Going through the Internet sales guy doesn't at all mean you have to buy on the Internet, I still suggest going down to the dealership with the best price and test driving the car in person. The Internet guy is just a sales guy like all the rest of them and will be happy to meet with you and talk through the deal in-person. Update: After recently going through this process again and talking to a bunch of dealers, I have a few things to add: 7a) The price posted on the Internet is often the dealer's bottom line number. Because of sites like AutoTrader and other car marketplaces that let you shop the car across dealerships, they have a lot of incentive to put their rock-bottom prices online where they know people aggressively comparison shop. 7b) Get the price of the car using the stock number from multiple sources (Autotrader, dealer web site, eBay Motors, etc.) and find the lowest price advertised. Then either print or take a screenshot of that price. Dealers sometimes change their prices (up or down) between the time you see it online and when you get to the dealership. I just bought a car where the price went up $1,000 overnight. The sales guy brought up the website and tried to convince me that I was confused. I just pulled up the screenshot on my iPhone and he stopped arguing. I'm not certain, but I got the feeling that there is some kind of bait-switch law that says if you can prove they posted a price they have to honor it. In at least two dealerships they got very contrite and backed away slowly from their bargaining position when I offered proof that they had posted the car at a lower price. 8) The sales guy has ultimate authority on the deal and doesn't need approval Inevitably they will leave the room to \"\"run the deal by my boss/financing guy/mom\"\" This is just a game and negotiating trick to serve two purposes:  - To keep you in the dealership longer not shopping at competitors.  - So they can good-cop/bad-cop you in the negotiations on price. That is, insult your offer without making you upset at the guy in front of you.  - To make it harder for you to walk out of the negotiation and compromise more readily.  Let me clarify that last point. They are using a psychological sales trick to make you feel like an ass for wasting the guy's time if you walk out on the deal after sitting in his office all afternoon, especially since he gave you free coffee and sodas. Also, if you have personally invested a lot of time in the deal so far, it makes you feel like you wasted your own time if you don't cross the goal line. As soon as one side of a negotiation forfeits the option to walk away from the deal, the power shifts significantly to the other side. Bottom line: Don't feel guilty about walking out if you can't get the deal you want. Remember, the sales guy is the one that dragged this thing out by playing hide-and-seek with you all day. He wasted your time, not the reverse.\""}
{"_id": "374253", "title": "", "text": "Shipping by boat actually takes at least 3 weeks to a month.  Add time before that for the supplier to book and pack the container.  Add time after until you can get an appointment at the port to pick up your container.  It is not a quick process.  Also I find it hard to believe they are actually renting whole 747s.   I think it's much more likely they are booking **space** on a cargo plane.  Otherwise it would be a huge amount of video cards.  Maybe they are, but I'm not going to just take someone's word for it.  Not that it really matters."}
{"_id": "374258", "title": "", "text": "\"From Wikipedia: Managerial accounting is used primarily by those within a company or   organization. Reports can be generated for any period of time such as   daily, weekly or monthly. Reports are considered to be \"\"future   looking\"\" and have forecasting value to those within the company.** Financial accounting is used primarily by those outside of a company   or organization. Financial reports are usually created for a set   period of time, such as a fiscal year or period. Financial reports are   historically factual and have predictive value to those who wish to   make financial decisions or investments in a company.  At my university, managerial accounting focused more on the details of how costs were managed in the company, the future of the business, etc. while the courses that were considered financial accounting were more from the point of view of a financial analyst or investor, like you said. The financial accountancy material covered analysis of financial statements and the associated investment decisions, among other things.  These areas overlapped in areas like the production of financial statements, since the company also needs to consider how analysts will interpret these statements, and dividend policy, corporate tax accounting, etc. The Wikipedia articles on managerial accounting and financial accounting may provide helpful information as well.  Disclaimer: I took an introductory accounting course in university and nothing more, so my knowledge of the course structures, even at my alma mater, is secondhand recollection at best. I'm sure there are more similarities and differences of which I'm unaware, and I would assume that forensic accountants, auditors, etc. dabble in both these areas and others.\""}
{"_id": "374260", "title": "", "text": "I actually disagree that it is unethical or even wrong, and I think allowing insider trading to occur again would help increase confidence in markets for several reasons.  It's still not a good look for the politicians though."}
{"_id": "374264", "title": "", "text": "I am not an accountant, but I do run a business in the UK and my understanding is that it's a threshold thing, which I believe is \u00a32,500. Assuming you don't currently have to submit self assessment, and your additional income from all sources other than employment (for which you already pay tax) is less than \u00a32,500, you don't have to declare it. Above this level you have to submit self assessment. More information can be found here I also find that HMRC are quite helpful - give them a call and ask."}
{"_id": "374266", "title": "", "text": "It's important to have both long term goals and milestones along the way. In an article I wrote about saving 15% of one's income, I offered the following table:  This table shows savings starting at age 20 (young, I know, so shift 2 years out) and ending at 60 with 18-1/2 year's of income saved due to investment returns. The 18-1/2 results in 74% of one's income replaced at retirement if we follow the 4% rule. One can adjust this number, assuming Social Security will replace 30%, and that spending will go down in retirement, you might need to save less than this shows. What's important is that as a starting point, it shows 2X income saved by age 30. Perhaps 1X is more reasonable. You are at just over .5X and proposing to spend nearly half of that on a single purchase.  Financial independence means to somehow create an income you can live on without the need to work. There are many ways to do it, but it usually starts with a high saving rate. Your numbers suggest a good income now, but maybe this is only recently, else you'd have over $200K in the bank.  I suggest you read all you can about investments and the types of retirement accounts, including 401(k) (if you have that available to you), IRA, and Roth IRA. The details you offer don't allow me to get much more specific than this."}
{"_id": "374269", "title": "", "text": "Are you a beginner in website designing? Find out how to use of web design tools properly by enrolling in a private training course at Controla Ltd. Through this, you will get the right skills and knowledge required in using software like Adobe Photoshop, Adobe Flash and Adobe Illustrator. You can even customise your course, and work at your own pace during the training. Log on to Controla Ltd\u2019s website - www.controla.co.uk, for more details."}
{"_id": "374284", "title": "", "text": "Dollar cost averaging doesn't (or shouldn't) apply here. DCA is the natural way we invest in the market, buying in by a steady dollar amount each pay period, so over time we can buy more shares when the market is down, and fewer when it's higher. It's more psychological than financial. The fact is that given the market rises, on average, over time, if one has a lump sum to invest, it should be deployed based on other factors, not just DCA'd in. As I said, DCA is just how we all naturally invest from our income.  The above has nothing to do with your situation. You are invested and wish to swap funds. If the funds are with the same broker, you should be able to execute this at the closing price. The sell and buy happen after hours and you wake up the next day with the newly invested portfolio.  If funds are getting transferred from broker to broker, you do have a risk. The risk that they take time, say even 2 days when funds are not invested. A shame to lose a 2% market move as the cost of moving brokers. In this case, I'd do mine and my wife's at different times. To reduce that risk."}
{"_id": "374309", "title": "", "text": "If you've got shares in a company that's filed for U.S. Chapter 11 bankruptcy, that sucks, it really does.  I've been there before and you may lose your entire investment.  If there's still a market for your shares and you can sell them, you may want to just accept the loss and get out with what you can. However, shares of bankrupt companies are often delisted once bankrupt, since the company no longer meets minimum exchange listing requirements.  If you're stuck holding shares with no market, you could lose everything \u2013 but that's not always the case: Chapter 11 isn't total and final bankruptcy where the company ceases to exist after liquidation of its assets to pay off its debts.  Rather, Chapter 11 is a section of the U.S. Bankruptcy Code that permits a company to attempt to reorganize (or renegotiate) its debt obligations. During Chapter 11 reorganization, a company can negotiate with its creditors for a better arrangement.  They typically need to demonstrate to creditors that without the burden of the heavy debt, they could achieve profitability.  Such reorganization often involves creditors taking complete or majority ownership of the company when it emerges from Chapter 11 through a debt-for-equity swap. That's why you, as an investor before the bankruptcy, are very likely to get nothing or just pennies on the dollar. Any equity you may be left holding will be considerably diluted in value.  It's rare that shareholders before a Chapter 11 bankruptcy still retain any equity after the company emerges from Chapter 11, but it is possible. But it varies from bankruptcy to bankruptcy and it can be complex as montyloree pointed out. Investopedia has a great article: An Overview of Corporate Bankruptcy.  Here's an excerpt: If a company you've got a stake in   files for bankruptcy, chances are   you'll get back pennies to the dollar.   Different bankruptcy proceedings or   filings generally give some idea as to   whether the average investor will get   back all or a portion of his   investment, but even that is   determined on a case-by-case basis.   There is also a pecking order of   creditors and investors of who get   paid back first, second and last. In   this article, we'll explain what   happens when a public company files   for protection under U.S. bankruptcy   laws and how it affects investors.   [...]   How It Affects Investors   [...]   When your company goes bankrupt, there   is a very good chance you will not get   back the full value of your   investment. In fact, there is a chance   you won't get anything back. [...] Wikipedia has a good article on Chapter 11 bankruptcy at Chapter 11, Title 11, United States Code."}
{"_id": "374310", "title": "", "text": "\"&gt;In both cases you make exactly the same pledges and have exactly the same obligations. Yes, I got that.  If I didn't pay you back your lunch money you're probably not going to report me to the major credit bureaus.  You may reserve the right to call me a deadbeat, however.    All joking aside, the bank is more likely to spell out the penalties for default than the individual lender because the individual is relying on moral/social obligation to ensure repayment (often unwisely so).  The business that lends to you harbors no such illusions, however.  Of course it trusts in the rule of law, insofar as any nonhuman entity can \"\"trust\"\" in anything, but it is much more interested in managing its risk.  &gt;Its insurance also expects that a certain percentage of banks will be robbed. Which in your universe makes bankrobbing kinda okay I guess.  Are you really equating people who default on their loans with people who rob banks?    &gt;The bank does trust in pacta sunt servanda and the rule of the law. Otherwise it would never do any business with anyone.  So there are no banks in Russia, or China, or anywhere else where the \"\"rule of law\"\" is subject to interpretation?\""}
{"_id": "374319", "title": "", "text": "Well as it was stated by others it isn't taken out of their paychecks, it's paid for by the employer, however these same individuals are exempt from paying into social security over a certain limit so if they are able to pocket that money up front why do they need to collect government benefits when they have extra income the rest of us do not have from not having to pay into social security."}
{"_id": "374330", "title": "", "text": "The yield on Div Data is showing 20% ((3.77/Current Price)*100)) because that only accounts for last years dividend. If you look at the left column, the 52 week dividend yield is the same as google(1.6%). This is calculated taking an average of n number of years. The data is slightly off as one of those sites would have used an extra year."}
{"_id": "374331", "title": "", "text": "\"By their agreements with the central counterparty - in the US, the exchange or the Options Clearing Corporation, which interposes itself between the counterparties of each trade and guarantees that they settle. From the CCP article: A clearing house stands between two clearing firms (also known as member firms or participants). Its purpose is to reduce the risk a member firm failing to honor its trade settlement obligations. A CCP reduces the settlement risks by netting offsetting transactions between multiple counterparties, by requiring collateral deposits (also called \"\"margin deposits\"\"), by providing independent valuation of trades and collateral, by monitoring the credit worthiness of the member firms, and in many cases, by providing a guarantee fund that can be used to cover losses that exceed a defaulting member's collateral on deposit. Exercisers on most contracts are matched against random writers during the assignment process, and if the writer doesn't deliver/buy the stock, the OCC does so using its funds and goes after the defaulting party.\""}
{"_id": "374334", "title": "", "text": "It is possible for an employer to check your credit score and it is legal. As long as you give them permission. You have every right to refuse BUT the employer also has the right to not give you a job.   The reason is to get an overall feeling for your integrity, discipline, and lifestyle. People in debt are more likely to embezzle, etc. A low credit score can also indicate that you make poor choices in your financial and purchasing deals. If you are refused a job you are qualified under the Fair Credit Reporting Act to get a copy of your credit report. Source - Legal Match"}
{"_id": "374372", "title": "", "text": "Because it's a good indicator of how much their asset worth. In oversimplified example, wouldn't you care how much your house, car, laptop worth? Over the course of your life you might need to buy a bigger house, sell your car etc. to cope with your financial goal / situation. It's similar in company's case but with much more complexity."}
{"_id": "374375", "title": "", "text": "\"If you are not worried about timing the market and want to buy primarily \"\"blue chip\"\" stocks to hold for a while, consider using Loyal3. They don't charge any commission. The downside is that trades are executed at the end of the day and there's only about 60 companies currently available (but there are some really good ones currently available).\""}
{"_id": "374391", "title": "", "text": "\"Do you know how it cost the USA to build the national highway system? Do you know what is \"\"investment\"\"?  Do you how much people pay (back) in taxes when they have a job and earn a salary (rather then get money from welfare)?   Do you understand that in the Globalists world, the USA has to compete with salaries paid in China for their workers?\""}
{"_id": "374397", "title": "", "text": "\"You aren't playing devils advocate, you aren't thinking at all.  If it's skilled or not is not isn't relevant to the discussion at all.  Walmart makes more than enough money to pay their employees a living wage.   The fact is that every single walmart exists today beause their employees can be subsidized by the state and federal government which means your tax dollars that you work for every single day literally is being used to pad the profit margins of walmart executives and their shareholders.  Do you understand that?  Your tax dollars are paying for the benefits of Walmarts workers, Walmart is NOT paying the benefits of their employees out of the profit they make.    What's the argument here, that because it's \"\"unskilled labor\"\" these people don't deserve to be paid enough to not be on state aid?  is that really the argument here?  If \"\"unskilled labor\"\" is so worthless how is Walmart generating some of the largest profits of any company around when most of their work force is \"\"unskilled labor?\"\"\""}
{"_id": "374400", "title": "", "text": "\"The problem is that every option comes with risk - as you note, if you put money in stocks, you could lose (and many stocks are overpriced).  If you put money in bonds, you could lose (many bonds are overpriced).  If you buy precious metals, they could fall further currently.  If you hold cash, central banks might try to ban cash (we'll hear the typical \"\"This will never happen\"\" from financial advisers - and they'll be wrong).  Cryptocurrencies are an option, but boy do they fluctuate, so there's risk here too. Those are options and all come with risks, and here's my preferred approach to handling negative interest rates:\""}
{"_id": "374401", "title": "", "text": "\"Thanks for the quick reply. I'd like to point out the post that triggered me to make this request in public is -   Reddit post: http://www.reddit.com/r/finance/comments/naboa/fears_persist_that_the_us_labor_market_cannot_be/  Specific response: http://www.reddit.com/r/finance/comments/naboa/fears_persist_that_the_us_labor_market_cannot_be/c37kj2t  The sidebar says that political debate is not permitted in this forum, and until recently I would say this request had been adhered to. But this particular FT article, like others, can be dissected politically, and therefore shouldn't be in r/finance. It belongs in r/economics.   Unfortunately, any posts that relate to current macroeconomic circumstances, especially central banking and global unemployment, will invite the Ron-Paulites and they really don't add any sort of value to r/finance, and they do politicize the forum and debate.   I don't think ZeroHedge _ever_ has a place in this forum. The source is not credible and always has too much of a political angle to be in a forum that has declared itself as \"\"not a place for politics.\"\"\""}
{"_id": "374405", "title": "", "text": "we've seen some excellent opportunities this year, so this isn't simply a matter of low vol. a lot of traders across funds had similar bets on, and they did not foresee the unwind of the Trump trade nor the rebound in China."}
{"_id": "374409", "title": "", "text": "This was a good move by Amazon.  If you don't already get your groceries delivered, you should really give it a shot.  It's often free delivery a few times for new signups.  Your produce, meat, everything is picked from the very best.  It's delivered in a fridge/freezer truck to your home.  I just have them hand bags off to me, quick and done in a few minutes.  The amount of money i've saved from using grocery delivery is amazing.  I'm a single guy, i don't shop all to well myself when i'm actually in a store.  I grab expensive chips and stuff I didn't plan on buying.   This way I plan out meals, google recipes for what's on sale, and don't even need to leave the house the entire time.  Amazon's trying to do exactly this.  That's great, but it's so cheap and awesome right now, you should really give it a shot to see what all the fuss is about.  edit: talking about king soopers, safeway, etc. I've tried all who offer it, service and experience is great across them all so far."}
{"_id": "374410", "title": "", "text": "\"With Forex trading - physical currency is not involved. You're playing with the live exchange rates, and it is not designed for purchasing/selling physical currency. Most Forex trading is based on leveraging, thus you're not only buying money that you're not going to physically receive - you're also paying with money that you do not physically have. The \"\"investment\"\" is in fact a speculation, and is akin to gambling, which, if I remember correctly, is strictly forbidden under the Islam rules. That said, the positions you have - are yours, and technically you can demand the physical currency to be delivered to you. No broker will allow online trading on these conditions, though, similarly to the stocks - almost no broker allows using physical certificates for stocks trading anymore.\""}
{"_id": "374412", "title": "", "text": "www.sedar.com is the official site that provides access to most public securities documents and information filed by public companies and investment funds with the Canadian Securities Administrators (CSA) in the SEDAR filing system. Now, I'm guessing - I think the doc is MDA - Management\u2019s Discussion and Analysis of Financial Condition and Results of Operations. At least this is what appears listed for many companies."}
{"_id": "374420", "title": "", "text": "\"**Here's a sneak peek of /r/AskTrumpSupporters using the [top posts](https://np.reddit.com/r/AskTrumpSupporters/top/?sort=top&amp;t=all) of all time!**  \\#1: [What do you think about reports that Trump revealed highly classified info to Russian diplomats in their meeting last week?](https://np.reddit.com/r/AskTrumpSupporters/comments/6bd5dx/what_do_you_think_about_reports_that_trump/)   \\#2: [This week Anthony Scaramucci called up a New Yorker reporter to say \"\"Reince is a f-cking paranoid schizophrenic,\"\" \"\"I\u2019m not Steve Bannon, I\u2019m not trying to suck my own c-ck,\"\" and \"\"I want to fucking kill all the leakers.\"\" Are you okay with this kind of rhetoric and language from the administration?](https://np.reddit.com/r/AskTrumpSupporters/comments/6q39ru/this_week_anthony_scaramucci_called_up_a_new/)   \\#3: [Trump cut off an interview with \"\"Face the Nation\"\" after the host pressed him on his claims that Obama wiretapped him, saying, \"\"I have my own opinions. You can have your own opinions.\"\" Were you under the impression that Trump's wiretapping claims were only an \"\"opinion\"\"?](https://np.reddit.com/r/AskTrumpSupporters/comments/68mrg9/trump_cut_off_an_interview_with_face_the_nation/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)\""}
{"_id": "374443", "title": "", "text": "Based on your question details, I doubt you'll like this answer...but first things first, you need to focus on rebuilding your credit and your savings. $1K isn't a huge loan amount, so I'm going to assume you've made some poor decisions in the past to get to this point. I'm a small business owner, and I make it a goal to have 3-6 months of expected expenses in an account, should my circumstances ever drastically change or something happen that would keep me from working.   Without knowing your living situation and daily expenses, here's some general advice on building a small business without a loan:  1) Find steady, gainful employment anywhere you can.  2) Pay off outstanding debts and rebuild a savings account to rebuild your credit score.   3) If you need fast cash, sell some stuff you don't need (gaming systems, home electronics, etc.). Also, minimize your unnecessary expenses (dining out, etc.).  4) Once your debts are paid off, create a business startup savings plan (put away as much as you can afford every week, until you reach your goal.   5) Once your goal is reached, you can begin your flipping business. Open a bank account, and separate your profits into buckets for operations, self-pay, and taxes (if you declare this income, which I hope you do). For myself, I put away 35% for income taxes, which I do not touch until my taxes are paid. I put 40% away for daily operations -- this keeps my business running, allowing me to pay for the equipment I need, the products I deliver, and advertising to keep my business running. I pay myself 25%. This is a simple method, but it works well for me."}
{"_id": "374447", "title": "", "text": "\"Great find. The first sentence of the article itself is enough to raise multiple flags:  &gt; According to Michelle McQuaid, a world leader in positive psychology interventions in the workplace, [...]  A **world** leader? In *\"\"positive psychology interventions\"\"*? This whole article was written by McQuaid's PR staff. It reads like a company press releases of a new product.\""}
{"_id": "374451", "title": "", "text": "\"This is pretty meaningless and somewhat misleading. They measured price increases mostly on things that were produced elsewhere and would not be expected to see price increases (e.g. gas). Most retail prices are not heavily impacted by local labor prices. For many goods, local retail labor costs would constitute less than 5% of the total cost. Plus, local retailers still have to compete with online retailers, as well as retailers outside the city limits, so they can't dramatically hike prices and be competitive. If the min wage increases did impact prices, it's more likely that local retailers would see their margins shrink and some of them would go out of business as a result.   On the things that are produced locally, such as food from a restaurant, they found significant price increases. There's also been significant evidence showing that restaurant job creation lagged behind in Seattle versus the rest of Washington state.   http://www.aei.org/publication/some-early-results-from-seattles-radical-experiment-with-a-15-an-hour-minimum-wage-fewer-jobs-fewer-hours/  https://www.aei.org/publication/minimum-wage-effect-seattle-area-restaurant-jobs-have-fallen-900-this-year-vs-6200-food-jobs-in-rest-of-state/  They also seem to have forgotten to mention substitution effects for labor; such as restaurants using more technology to eliminate labor.   Overall, the articles reads like yet another \"\"rose colored classes\"\" spin on one of the most detrimental economic policies in the US. It's almost silly watching people try to find reasons how \"\"increasing the price of labor\"\" and \"\"destroying contractual freedom for unskilled laborers\"\" creates magical free lunches.\""}
{"_id": "374460", "title": "", "text": "travel industry professional here - the selection of hotels/holidays you show people when they do a search is crucial (in my experience the single most powerful tool at your disposal).   the best websites take as many factors into account that they can and offer a different mix depending on the type of searcher. Showing more upmarket product is very lucrative in the right circumstances, and often has a better conversion rate. This Orbitz stuff makes complete sense."}
{"_id": "374468", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.france24.com/en/20170618-shots-fired-australias-war-food-waste) reduced by 85%. (I'm a bot) ***** &gt; Globally, one-third of food produced for humans - about 1.3 billion tonnes costing around US$1 trillion - is lost or wasted annually, according to the Food and Agriculture Organisation.  &gt; With Canberra stepping into the fray, waste warriors are optimistic that incentives including tax breaks could reduce excess in supply chains and encourage businesses to keep surplus food still fit for consumption away from landfills.  &gt; &amp;quot;It would save food going to waste, it would be good for the environment, it would be very good for the taxpayers&amp;#039; pockets because we would be paying less for the food, and I think it&amp;#039;s a win, win, win,&amp;quot; she said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hyvrj/australias_first_recycled_supermarket_is_giving/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147095 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **food**^#1 **waste**^#2 **produce**^#3 **more**^#4 **surplus**^#5\""}
{"_id": "374474", "title": "", "text": "I probably would not take it out, since I have enough layers of backstops: Maybe if I could find a better rate. :)"}
{"_id": "374478", "title": "", "text": "The term duplication sounds very technical and therefore, the simple name given to this process is burning associated to the action that PC and laptop users take to create a CD or a DVD and this process is fast as a huge number of discs can be prepared in no time using the master disc.Moreover, the process is very convenient for anyone to perform as all that is required is a PC or a laptop and commercial burners."}
{"_id": "374480", "title": "", "text": "They can't keep rising with respect to people's income because eventually you run out of buyers. If there's roughly one house for every five people, then you'd better make sure that the price you set to sell your house is affordable to people in the upper fifth of income scales, or else you are mathematically guaranteed not to have any customers. Now, it's true that the price of particular houses can get much higher, but they tended to be higher in the first place. Housing isn't exactly an efficient market, but for the most part you have to pay for the house that you get, or else someone else will outbid you. An individual area might, temporarily, buck these trends because it suddenly becomes popular and there are a lot of extra buyers putting money on the table. In the long run, someone is going to build for those buyers, even if it means moving up the chain from enormous rural lots to suburban single-family homes to low-density garden apartments to residential towers."}
{"_id": "374492", "title": "", "text": "Lenders want to judge the stability of the stated income. Because your are new to being self-employed they are concerned about your viability. It may be possible to find another lender who will consider a shorter term of business, but it looks like the lender wants 24 months of business. You should start with your current bank/credit Union, and if they say no ask what more info you need to provide."}
{"_id": "374495", "title": "", "text": "Beyond the numbers, how do you objectively establish causation between Amazon and a lost job?  That, to me, is what is practically impossible.  Ma and Pa might blame Amazon but that's hardly dependable information.  What if Ma and Pa's business model was unsustainable or simply mismanaged?  Now, with Walmart, you can establish a stronger connection because you'll see those effects tightly correlated with a local store opening.  Doing that with an online business is considerably harder.  You'd need to know who the customers were and how they substituted Ma and Pa's goods and then correlate that with a drop in sales, for example."}
{"_id": "374497", "title": "", "text": "\"No, you're right. I don't think they should leave, but I do think they should quit whining. If you're opinion is unpopular convince people as to why it shouldn't be (or change it, there's no shame in realising you were wrong or at least rude).  I just don't agree with the redditor hivemind arguments, or the \"\"Redditors think this\"\" statements. Fact is the response to any given comment or view can vary dramatically depending on time of day, or just who happens reading at the time, or in what context it is presented. The redditor demographic is very varied for an on-line community - possibly the most I've come across?  Actually one example that winds me up is on /r/uk where you get tory voters complaining about anti-conservative party bias on the sub-reddit, while forgetting that 2/3rds of the UK voted against the Tories at the last election. It just reflects the country, so quit whining and start trying to convince us why we're wrong and shouldn't think their policies aren't total bollox.\""}
{"_id": "374510", "title": "", "text": "Talk to almost any large cap CFO or read any corporate finance textbook. McKinsey's Valuation is a great one to own: though yes McKinsey consultants can take a good idea and turn it bad by overdoing it to an extreme.  Why would universal corporate finance principles not apply to large cap tech? Why is having $XXb of unutilized cash for a company with durable cash flow a good thing for equity investors?"}
{"_id": "374511", "title": "", "text": "If they know what his investments are in, then they could have said what the returns are estimated to be.  Otherwise, it's just more propaganda like most stories on Ron Paul: make him seem like a kook, or better yet a racist.  You're right, the guy knows nothing about finance or economics, what a nut: http://www.youtube.com/watch?v=INvKPYdTs3E&amp;feature=related"}
{"_id": "374518", "title": "", "text": "\"Unfortunately I don't think any of the online personal finance applications will do what you're asking. Most (if not all) online person finance software uses a combination of partnerships with the banks themselves and \"\"screen scraping\"\" to import your data. This simplifies things for the user but is typically limited to whenever the service was activated. Online personal finance software is still relatively young and doesn't offer the depth available in a desktop application (yet). If you are unwilling to part with historical data you spent years accumulating you are better off with a desktop application. Online Personal Finance Software Pros Cons Desktop Personal Finance Software Pros Cons In my humble opinion the personal finance software industry really needs a hybrid approach. A desktop application that is synchronized with a website. Offering the stability and tools of a desktop application with the availability of a web application.\""}
{"_id": "374522", "title": "", "text": "If you have a website and you want that it should run well and with utter smoothness then in that case you have to hire someone who would help in getting on with the experts. This is because they know how to handle everything."}
{"_id": "374523", "title": "", "text": "Bullshit.   Those 16 Trillion dollars in secret loans weren't known until that audit which was forced on the Federal Reserve by Congress, and Congress and the American people weren't told that the Federal Reserve was making massive zero interest loans to foreign banks.  None of that would have come out unless Congress had pushed for that audit.  &gt;A prime example is his claim that 16 trillion was lent, which is pretty dishonest. At no point was there more than about 2T lent out (from the audit itself) and at no point was the US taxpayer on the hook for over around 2T.  lol..   that's some prime spin job right there.   Tell me this...   if I loan you $500 a night every night for 5 days and those loans allow you to earn $100 totally risk free how much have I loaned you?  Does it even matter, because the end of result is I essentially gave you $100."}
{"_id": "374543", "title": "", "text": "Being underwater a little is not all that scary, but those who talk of being underwater are typically underwater by quite a lot.  The amount of money they owe is large compared to their yearly income. Consider a metaphor.  I put you in a hole.  Its only 1 foot deep.  You're not too concerned.  If you want to leave, you can step out of it.  Now we look at a deeper hole, 3 feet.  Now you're still not too concerned.  You can't just walk out, but if you need to get out you can wiggle your way up.  6 feet.  Now you start getting nervous.  Climbing out is getting trickier and trickier.  You may not be able to move in response to a changing enviornment around you, because you're stuck in a hole. Now make the hole 10 feet.  Now you can't reach the edges.  Now you're in trouble.  You have lost all mobility.  You can't get out under your own power.  Now if something bad happens (such as losing your job or a sudden health issue), you can't move around to solve the problem. This is the issue that arise from underwater mortgages.  Say you lose your job because the job market in your area dried up (think Detroit in the big auto manufacturer crash).  You need to move.  You are legally endebted to a lender for your existing underwater house by more than you can sell it for.  You need to pay for the privilege to sell it.  You still owe payments on it, so if you just buy a new house (or rent) in the new state, you're paying for twice as much property.  You can't just shuffle the underwaterness from your old house to your new house because the new lender has no interest in giving a loan for more than the value of the new home. The only options you have to play with is renting the old house, which many underwater families did, or bankrupcy.  If the area you were in is depressed, you may not be able to rent the house for enough to cover your mortgage.  This is the fear of being underwater.  You have a piece of paper which claims some lender can take money from you that you may or may not have, and that the US government will allow them to take your assets, if need be, to settle the score. If you're underwater by a few thousand, it's typically not a big deal.  If you're underwater by 80 or 90 thousand dollars, which some people were, that's a lot of money to be endebted for without the assets to recover them. If you subscribe to the realtor story that the market will recover, all you have to do is scrape by, holding on, until the market rises again.  However, those who are underwater recognize that the reason much of this occurred is that we entered a bubble because realtors kept saying the market could only go up.  Fool me once...."}
{"_id": "374544", "title": "", "text": "Not saying I agree with it, but I can see the logic in it.   A drug company has to basically make all their money back (and hopefully profits too) in the 17 year window that patent exists.  They make projections on how many they will sell in that time, and figure out a cost from there.  If the patent is extended, then the cost to develop that drug can be divided over a longer period of time."}
{"_id": "374546", "title": "", "text": "Volunteer. Find out who needs help and where they need it, as well as what you could do and the things you can offer. I have infiltrated every organization I am connected with through this manner. Start at the bottom, take whatever you can get and then get to know the players. They are not hard to recognize.   Once you have access to the organization form quality relationships with IT Staff, Janitors, Secretaries, and Security Guards.  From that point on people are going to be wondering exactly who you are but think of yourself as the lowest totem on the totem pole and volunteer for everything. I won't lie, a lot of it will be shit work but what you learn starts to make you an asset and that is exactly what you need to become.  If you need clarification on anything just ask."}
{"_id": "374563", "title": "", "text": "Thank you, good points. I like the idea of using it as a syndication point. My main blog is actually on a site I have full control over so in many ways this is my real website. The idea you've given me is that I could be using the main (what I call corporate) site as a big summary of everything I have going on and where to find it, almost becoming my agent!"}
{"_id": "374581", "title": "", "text": "\"I don't think they \"\"actually\"\" turned a profit, did they?  As I understand it, this is an accounting method/trick, it's not as if they generated more income by using this system.  They just made their monetary value visible rather than implicit.  Which is not the same as turning a profit... or am I missing something?\""}
{"_id": "374588", "title": "", "text": "If you have more than 50% of a US bill, it carries the full value and your bank should accept it. (Stores, or banks you do not have an account with, may not.) If you have less than 50% of the bill, it is worth nothing."}
{"_id": "374590", "title": "", "text": "\"&gt;lmao do you really think showing up \"\"on time and sober\"\" is something that you need to learn?  Judging by my own personal experience working minimum wage jobs... yes.  Many would take breaks to go smoke weed while on the job.\""}
{"_id": "374597", "title": "", "text": "Being pushed to produce quarterly numbers isn't always the best for a company's long-term strategies. Whether or not this will happen is the question, however. Private companies don't need to post immediate substantial profits, public companies are expected to."}
{"_id": "374602", "title": "", "text": "This depends. Quite a few stock exchanges / country report total capitalisation in terms of free float. I.E total shares that can be traded, ignoring the promoters shares. The market cap reported by company takes all shares."}
{"_id": "374608", "title": "", "text": "&gt; What this translates to is that someone there has double booked the venue and as the smaller player, I get dumped.  You mean the other player negotiated for better contract terms?   This isn't a UK problem, it's a problem for any small business. It seems you are trying to do everything yourself instead of hiring a specialist to take care of the little details."}
{"_id": "374625", "title": "", "text": "What are you complaining about?  Do you want ILLEGAL alien workers to work as slaves for less-than-minimum pay to pick the crops?  That the USA does not issue temporary visas for migrant workers to come in fields?  That farmers do not pay enough for people to work in the fields, except slave migrants?  That Americans rather be on welfare than work in the fields?  That the welfare system pays able-bodied people too lazy to work in the fields?  What exactly do you propose to do?"}
{"_id": "374638", "title": "", "text": "\"&gt; If a penny worth of copper is worth 1.8 cents and I choose to make it into a a coin with a value of 1 cent then my opportunity cost is .8 cents.  No, not at all. A coin represents value, it is not value (in terms of its denomination). A coin does however have value as facilitator of exchange of value, but that is in principle unrelated to that coin's denomination. So the value of a 1 cent coin (as a facility of exchange) is unknown. It is however easy to make the case that this unknown is very low, or even negative.  &gt; A gold coin back before fiat currencies was worth its weight in gold.  Gold is just very slightly different in this regard, and substantially the same. It is used to represent value, and has very low intrinsic value. It's just a naturally limited resource instead of an \"\"artificially\"\" limited one such as fiat currency. This would be immediately evident if by some freak act of nature there was an abundance of gold raining down on everyone tomorrow. Nobody would become rich (just some unfortunate people overloaded with gold assets would become poor). Gold teeth and jewelry would become cheaper, though I imagine the latter would go out of fashion quite quickly.  &gt; When I make the spending power less than the value the purpose of a fiat currency breaks down.  Not at all, there's in principle no relationship between \"\"value\"\" and denomination. You just need means of exchange that are cost-effective and practical. Single cents are becoming impractical and basically useless, and this would be just as true even if they cost .0001 cents each to produce.\""}
{"_id": "374642", "title": "", "text": "The limit, if any, would be established by your financial institutions. You would need to contact both your sending and receiving bank to ascertain any limitation they impose on wire transfers. Generally, taxes aren't imposed on transference of funds between accounts you own, but I'm not familiar with tax in Thailand and I could be wrong on that half of the question."}
{"_id": "374646", "title": "", "text": "\"I recently went full time self employed after doing photography on the side for several years.  One of the types I do is real estate photography, but it's tough doing it alone so I signed up to freelance with a company that basically brokers out jobs in the area.  They cover close to 70% of the market share so they're big.  I now get ten times the work I used to, for less money but the volume and the fact I no longer edit make up for it. However, they made me sign a non compete that says I cannot shoot real estate photography for two years after I leave them.  I've always thought that I'd really like to see how enforceable that is since I did real estate for two years before them, they didn't teach me anything new, so what gives them the right to tell me I can't continue doing what I already did just because I'm no longer with them?  What kind of bullshit, un-American crap is that?  The jokes on them, though, as they apparently don't read their own stuff very well. They told me I'd be allowed to still shoot independently with the agents I worked with prior to freelancing for them if I just wrote them in at the bottom of the non compete so they'd have it for their records. So I did; I specifically named the the big offices I wanted to keep working with (that didn't already use the company I was going to be working with) and also put another line that said \"\"and all current, former, and future clients of my business, xyzabc photography\"\" and they signed off on it and returned a copy to me.   Still, the fact that they think they have the right to limit me from doing a career that I already did and received no training from them is so asinine and ridiculous.\""}
{"_id": "374655", "title": "", "text": "Israel can only attack unarmed civilians in Apache Helicopters and bomb residential apartments in F-16s. When a Real nuke gets pointed at them and a real military boot gets stuck up their ass, then they will start to scream about the Holocaust and antisemitism.  Taste it, lick it, suck it . . .its the round knob of inevitability that arrives as a consequence of 50 years of unchecked human rights abuses and apartheid and the best part is the Jews have sucked America dry and now there is no one to back up their murderous rampages, its going to be a really lonely world"}
{"_id": "374669", "title": "", "text": "You are really tangling up two questions here: Q1: Given I fear a dissolution of the Euro, is buying physical gold a good response and if so, how much should I buy? I see you separately asked about real estate, and cash, and perhaps other things.  Perhaps it would be better to just say: what is the right asset allocation, rather than asking about every thing individually, which will get you partial and perhaps contradictory answers.  The short answer, knowing very little about your case, is that some moderate amount of gold (maybe 5-10%, at most 25%) could be a counterbalance to other assets. If you're concerned about government and market stability, you might like Harry Browne's Permanent Portfolio, which has equal parts stocks, bonds, cash, and gold. Q2: If I want to buy physical gold, what size should I get? One-ounce bullion (about 10 x 10 x 5mm, 30g) is a reasonably small physical size and a reasonable monetary granularity: about $1700 today. I think buying $50 pieces of gold is pointless: However much you want to have in physical gold, buy that many ounces."}
{"_id": "374676", "title": "", "text": "\"For example, if I have an income of $100,000 from my job and I also   realize a $350,000 in long-term capital gains from a stock sale, will   I pay 20% on the $350K or 15%? You'll pay 20% assuming filing single and no major offsets to taxable income. Capital gains count towards your income for determining tax bracket. They're on line 13 of the 1040 which is in the \"\"income\"\" section and aren't adjusted out/excluded from your taxable income, but since they are taxed at a different rate make sure to follow the instructions for line 44 when calculating your tax due.\""}
{"_id": "374688", "title": "", "text": "Upholstery is a long-time investment that requires apt care and regular cleaning to stay fresh, look new and feel cozy for years to come. However, you can\u2019t do the needed care and cleaning yourself, thus, hiring the appropriate upholstery cleaner from a reputed organization is your best bet to enjoy the benefits of clean and having an immaculate environment all around you."}
{"_id": "374689", "title": "", "text": "\"&gt; She said Muslims ( which implies ALL of them).   No!!!! No! Again, she did not said ALL Muslims.   Look, I say \"\"terrorist attacks are carried out by Muslims\"\". There, I said that.  Did I say all Muslims are terrorists? No.  Did I say most Muslims are terrorists? No.  Did I say that terrorists are Muslims? Yes.  Did I say a non-Muslim cannot be a terrorist? No. Very unlikely, but it's possible.  Is it true that almost all terror attacks and almost all terrorists are Muslims? Yes.  Do I hate all Muslims when I said what I said? No.  Now, if I work in border patrol, should I pay attention as much to a 70 years old blond Swedish lady as I pay attention to a young Muslim looking guy with a beard?   &gt; I compared a personal attack to an attack of a whole group which is more damaging but most people are strangely ok with that.   No. Criticism of a whole group with a valid basis for that criticism is not \"\"damaging\"\". It's has a very good effect on the criticized group. If certain groups are not criticized, a HUGE damage will happen to them.  &gt; I was in Sweden recently.... turns out no one is shitting in the streets or burning cars its actually very clean with extremly low crime rates  Not as it used to be. Stockholm, if you allow yourself to hear \"\"hate speech\"\", became a rape capital of Europe, not to mention Malmo, and Swedish girls are not as free to walk the streets as they used to.  &gt; I know people you can only describe as Nazis, but i don't hate them. I think they are idiots and i want nothing to do with them.....   Yes, you think they are idiots. You do hate them! Surely you don't love them or indifferent to them.   Your approach of \"\"I want nothing to do with them\"\" has consequences: damage to more idiots who join the Nazis, growing ranks of Nazis with damage to society, and eventual damage to yourself of hating them but being forced to keep it to yourself.   You know why Nazis exist? Because they hate, more than you, other groups you do not want to criticize.   **Let me ask you: As you know, Nazis hate Jews despite Jews being one of the best and most contributing groups in society throughout history. Would you defend Jews being criticized by Nazis? If you do, do you realize what you just did?**\""}
{"_id": "374704", "title": "", "text": "I work for an auto finance company and have performed some job related analysis looking into this as well. From what I can tell I don't think the numbers are there for a 2008 recession. The loans are smaller, the asset is already known to depreciate, and the auction market is pretty effective at cutting deficiencies even more.   Something to watch out for if you are analyzing this stuff though is the influx of used cars into the market. Remember, more defaults means more repossessions which means more used cars on the market.   I'm curious to see what happens with this influx of used, relatively reliable cars onto the market and how this impacts the constant pumping out of new vehicles  that manufacturers are forced to meet. We've already seen scaling back by some big players. There's definitely something happening in the auto industry but I don't know what to make of it yet and I would hardly say we are looking at Great Recession 2."}
{"_id": "374722", "title": "", "text": "On topic of Healthcare needs, I think it depend on individual.  For example, my employer's dental plan offer PPO $34 per month and DMO $12 per month. I have my favor dentist that I have been going for years. He only accept PPO. I already had most of my dental works done so I only use him for teeth clean. He charge $100 without insurance and free with insurance. I can only use my insurance for teeth clean twice a year so $34x12 = $408 vs $200. If I go with DMO, I won't get to see my doctor and since I get my teeth once a year why not just save that money and go to my favor doctor instead the DMO doctors and if I need major dental works done which isn't immediate. I can go to Taiwan for dental works that is way cheaper than U.S.  I think if you're a healthy young man/women. You should put more money toward your retirement and only keep insurance for emergency. You can do a medical tourism mentioned in 60 minutes that can be more cost effective and those doctors are U.S. trained.  For older folks, a full Health care insurance is more needed than retirement. Just my two cents."}
{"_id": "374726", "title": "", "text": "Dental implants consist of small titanium posts that are inserted into the jawbone, closely replicating a natural tooth root. This does require a small surgical procedure but there is no need to be concerned as our principal dentist here at Radiance Dentistry is an experienced oral surgeon and prosthodontist. Dr. Mounir Iskandar has received specialized training and has many years\u2019 experience in placing dental implants. He will make sure that every step of your dental implant treatment is meticulously planned, ensuring your dental implant surgery proceeds quickly and smoothly and is ultimately more successful. All the treatment you require can be carried out in our comfortable and well-equipped dental office, from a dental team you will already know and trust.  WHAT IS THE PROCEDURE FOR PLANNING DENTAL IMPLANT SURGERY?  To plan your implant surgery, Dr. Iskandar will take digital dental x-rays and a cone beam CT scan. This scan provides highly detailed 3-D images of your jawbone, allowing Dr. Iskandar to fully assess the condition of your jawbone and to identify all the important structures such as sinus cavities, nerves and blood vessels that must be avoided during surgery. These images will show if you have sufficient bone for implant placement or if you require a bone graft or sinus lift prior to surgery. If you do need a bone graft there is no need to be concerned, as Dr. Iskandar is extremely experienced in using the very latest and most advanced bone grafting techniques. Sometimes if only a tiny amount of bone is required it can be placed at the same time as your dental implant.  COMPUTER-GUIDED DENTAL IMPLANT SURGERY  Once Dr. Iskandar has identified the optimal position for your dental implants, a surgical guide is made that will be used during their placement. This is a highly sophisticated template that will guide the implant placement down to the nearest millimeter. Using computer-guided surgery will ensure your treatment is a complete success, providing you with teeth that not only look wonderful but which are fully functional.  WHAT TO EXPECT DURING IMPLANT SURGERY  We will make sure your dental implant surgery is pain-free by using local anesthesia to numb the area. If you are at all anxious about this treatment, you may wish to consider additional sedation. Dr. Iskandar can provide nitrous oxide or oral sedation to help you relax during surgery. To insert the dental implant, Dr. Iskandar will make a small incision in your gum to expose the jawbone, before placing the dental implant in the position identified by the surgical guide. The area is then stitched and left to heal.  At this stage, Dr. Iskandar may attach what is called a healing cap to the dental implant post. This gently shapes the surrounding gum tissue as it heals, providing improved aesthetics once your tooth is restored. If required, we can then fit a temporary restoration to be worn while your dental implants heal and integrate with your jawbone. There is no need to worry as we will make sure you can eat and speak comfortably during this healing period.  If you only require a single dental implant then surgery is really quite quick. A single dental implant may take as little as an hour to place. Bridges and dentures will require multiple dental implants, so surgery will take a little longer. The time required for your surgery can be discussed during your initial consultation.  OSSEO INTEGRATION  It normally takes 3 to 6 months for a dental implant to fully heal with the surrounding bone during a process called Osseo integration. Your dental implant post will have been specially treated to encourage this process, where new bone cells will grow on and around the post. As they do so, the post gradually fuses with the jawbone, becoming strong and stable and able to support a replacement restoration.  ATTACHING THE ABUTMENT  Once Osseo integration is complete, Dr. Iskandar will remove the healing cap and can attach an abutment to your implant post. There are many different types of abutments that can be used, depending on the final restoration. An abutment will protrude above your gum line and is used to support your crown, bridge or denture. A detailed dental impression is taken of your dental implant and is sent to our dental laboratory. They will custom-make your restoration to our exact prescription, using the highest quality materials to create beautiful teeth that will blend in seamlessly with your smile. Your restoration can then be secured in place at your next visit, completing your treatment and providing you with an aesthetically appealing and fully functional smile.  To find out more about dental implant surgery and how it could help restore your smile, contact Radiance Dentistry to schedule your consultation with Dr. Iskandar today.  About US:  http://radiancedentistry.com/dental-implants/surgery/ - Dr. Iskandar is a certified restorative and cosmetic dentistry specialist and is licensed both as a general dentist and as a Prosthodontist. Dr. Iskandar obtained his DDS degree from Cairo University School Of Dentistry in 1998. Dr Iskandar holds a specialty in Prosthodontics and MSD (Masters of Science in Dentistry) obtained from Indiana University School of Dentistry in 2008. Dr. Iskandar is a Diplomate of international Dental Implants association since 2011.  CONTACT US: Radiance Dentistry Mounir Iskandar 2020 W Rochelle Rd  Irving, TX 75062 Phone : (972) 258-1702"}
{"_id": "374730", "title": "", "text": "A debt is created when the service is rendered or the goods are sold to you.  The bill is simply a way of recording the debt and alerting you to it."}
{"_id": "374731", "title": "", "text": "Unless the taxes are above 3000 per year it looks like a good deal to buy (the 30 year mtg) You could also consider getting the 30 year loan and add additional principal to your payments.   It looks like your PMI might be about $50 per month.   You will get to deduct over $3000 in interest payments the first year as well as the real estate taxes. Depending on your tax rate that might be something like $100 per month or so of incentive to chose buying over renting.   The big issue to consider is the risk of big ticket items to repair. You should keep a fund for this kind of thing... water heater, roof, fridge, cesspool, etc. good luck"}
{"_id": "374735", "title": "", "text": "&gt;  Ask the guy who guessed Sarah Palin's email password how that theory worked out.  Breaking into someones private email is hardly comparable. *Target* made the rule that coupons could not be used this way, and then *Target* allowed it. It is like telling a man not to fish on Thursday, but when he asks again on Friday you allow it, is that man a crook?   Printing the coupons and using more than one is difficult to defend, though that in itself does not prove injury. A customer could hypothetically gather a large group of people, having each of them use the coupon, achieving the same end without breaking the TOS. Would that also be fraud. Where then is the injury if every consequence to target is the same, yet no one person cheated?   Now, if the situation was a cashier and customer working together to abuse the system, I would say it is absolutely criminal activity.   Target had knowledge of the thread in some form, they sent a notice to the website asking for a logo to be removed from the same thread in question. Maybe it was just a copyright hound, and maybe the information was not passed on. That is unclear as you stated.  In the end I would say target is certainly aware now, and if any legal action is taken against these people we can find out for sure if what they did was criminal. The courts can decide the outcome and I will accept it either way.  EDIT: Grammar, formatting."}
{"_id": "374737", "title": "", "text": "\"Stocks \"\"go up 5-7% every year. This has been true for the last 100 years for the S&P500 index....\"\" This was true in the 20th century in America. It was not true (over the whole century) for other major countries like Germany, Russia, Japan, or China. (It was more or less true for Britain and certain Commonwealth countries like Australia and Canada.) A lot of this had to do with which countries were occupied (or not) during the two world wars. In one of his company's annual reports, Warren Buffett pointed out that the U.S. standard of living went up 6-7 times in the 20th century, that this was unprecedented (and might not be repeatable in the 21st century). The performance of the U.S. stock market in the past century is representative of those (and other) past facts. If a different set of facts prevails going forward, the U.S. stock market would be reflective of those \"\"different\"\" facts.\""}
{"_id": "374750", "title": "", "text": "\"... what does any broker encourage? The ability to buy or sell at the market. How do they encourage that? By allowing people to do it at a lower cost. So, whatever others \"\"encourage\"\" people to do, Robinhood does the same, just for less money.   Do people always do what's best or most successful? No, some people like taking in lots of risk for the opportunity for a greater reward, do they understand what they're doing? If they don't, they will as soon as they start losing all their money.   Robinhood is no different than other brokers, just allows for cheaper opportunity.\""}
{"_id": "374767", "title": "", "text": "I appreciate it. I didn't operate under selling the asset year five but other than that I followed this example. I appreciate the help. These assignments are just poorly laid out. Financial management also plays on different calculation interactions  so it is difficult for me to easily identify the intent at times. Thanks again."}
{"_id": "374770", "title": "", "text": "Same. I spilled beer on my keyboard one night around 10 PM or so. Planning on staying up late gaming that night I rushed over to the closest BBY, which was fortunately only 4 minutes away, and got a new keyboard. Other than situations like that, I have no reason to really go in there."}
{"_id": "374789", "title": "", "text": "\"It would depend on how you look at those three companies. Each has overwhelming market share in its core business (search, social, and online shopping). However, if you define them more broadly (like Google and Facebook as \"\"online advertisers\"\") they overlap. Also, some of their less-central business ventures overlap (e.g. Amazon and Google both sell cloud compute stuff, they all do Machine Learning).\""}
{"_id": "374797", "title": "", "text": "\"There's no free lunch. Here are some positions that should be economically equivalent (same risk and reward) in a theoretically-pure universe with no regulations or transaction costs: You're proposing to buy the call. If you look at the equivalent, stock plus protective put, you can quickly see the \"\"catch\"\"; the protective put is expensive. That same expense is embedded in the call option. See put-call parity on Wikipedia for more: http://en.wikipedia.org/wiki/Put%E2%80%93call_parity You could easily pay 10% a year or more for the protection, which could easily eat up most of your returns, if you consider that average returns on a stock index might be about 10% (nominal, not real). Another way to look at it is that buying the long call and selling a put, which is a synthetic long position in the stock, would give you the put premium. So by not selling the put, you should be worse off than owning the stock - worse than the synthetic long - by about the value of the put premium. Or yet another way to look at it is that you're repeatedly paying time value on the long call option as you roll it. In practical world instead of theory world, I think you'd probably get a noticeable hit to returns just from bid-ask and commissions, even without the cost of the protection. Options cost more. Digressing a bit, some practical complications of equivalency between different combinations of options and underlying are: Anyway, roughly speaking, any position without the \"\"downside risk\"\" is going to have an annual loss built in due to the cost of the protection. Occasionally the options market can do something weird due to supply/demand or liquidity issues but mostly the parity relationships hold, or hold closely enough that you can't profit once expenses are considered. Update: one note, I'm talking about \"\"vanilla\"\" options as traded in the US here, I guess there are some somewhat different products elsewhere; I'm not sure exactly which derivatives you mean. All derivatives have a cost though or nobody would take the other side of the trade.\""}
{"_id": "374803", "title": "", "text": "See Started new job. Rollover previous employer 401k to new 401k, IRA or Roth IRA? for a start.  Kevin, the discussion is far more complex than you might think. Say your account grows by X, (pretend it's 10 if you wish) and your tax rate is Y (25%?). If you take the initial sum, tax it at Y, but then grow it X, the result is identical to doing it in the reverse order. So $1000 to start can grow to $10,000, then after tax, $7500. Or $1000 taxed to $750, then grow to $7500.  For pretax deposits, the key is that you deposit those contributions at your marginal rate, i.e. the rate you'd pay on the last $X taxed. But withdrawals start at zero.  In the perfect scenario, you will save 25-28% tax on deposits, but at retirement, enjoy taxation at 0%,10%,15% for a large portion or all of the withdrawals.  (Note, others can suggest rates will rise, and they may be right. My answer is based on the current tax structure.) A new earner, at 10 or 15% may be better off starting with Roth, and as they earn their way to 25% or higher slide over to pre-tax deposits. My 14 year old baby sits, and makes enough to fund a Roth, but pays no tax as she earns less than her own standard deduction for what that's worth."}
{"_id": "374809", "title": "", "text": "nope. They say, by now they can live with ultra low oil price ...forever...  (China currency agreement, export-import realignment, internal cost adjustment.)  Russia has industry and warming relationship with China. Saudi does not. China oil demand is nearly infinity as far as russians are concern.  This is reflected from Russia trade and budgetary situation. (they are back to huge current account surplus, and quickly shrinking deficit.)  And they are not even back into global debt market yet. In time of wall st. bubble explosion."}
{"_id": "374819", "title": "", "text": "Assuming you have no non-public material information, it should be perfectly legal. I suspect it's not a great idea for the reasons that Joe outlined, but it should be legal."}
{"_id": "374833", "title": "", "text": "\"(Although I disagree with the idea of getting a child working a real job to early, (I think kids should learn at school, learn manners, learn what the world offers and have responsibility) Here is a list of ideas that a small child can do.  This is all assuming the child is to young for a work permit and a \"\"normal\"\" job.  I am assuming your live in the United States. Comedy Answer: Amway.  But forget about getting invited to birthday parties.\""}
{"_id": "374843", "title": "", "text": "We are good manufacturer and supplier in China, here you can online order whatever you need of medical devices and every medical devices available at the lowest price. If you have doubts, so you can also compare online. The silicone anestheisa mask is very helpful  during the patent treatment that keep a patient completely unconscious. We are the best manufacturer of every equipments of medical. The YILES is most and China's trusted and reputed medical manufacturing company."}
{"_id": "374867", "title": "", "text": "Does this make sense? I'm concerned that by buying shares with post tax income, I'll have ended up being taxed twice or have increased my taxable income. ... The company will then re-reimburse me for the difference in stock price between the vesting and the purchase share price. Sure.  Assuming you received a 100-share RSU for shares worth $10, and your marginal tax rate is 30% (all made up numbers), either: or So you're in the same spot either way.  You paid $300 to get $1,000 worth of stock. Taxes are the same as well.  The full value of the RSU will count as income either way, and you'll either pay tax on the gains of the 100 shares in your RSU our you'll pay tax on gains on the 70 shares in your RSU and the 30 shares you bought.  Since they're reimbursing you for any difference the cost basis will be the same (although you might get taxed on the reimbursement, but that should be a relatively small amount). This first year I wanted to keep all of the shares, due to tax reasons and because believe the share price will go up. I don't see how this would make a difference from a tax standpoint. You're going to pay tax on the RSU either way - either in shares or in cash.  how does the value of the shares going up make a difference in tax? Additionally I'm concerned that by doing this I'm going to be hit by my bank for GBP->USD exchange fees, foreign money transfer charges, broker purchase fees etc.  That might be true - if that's the case then you need to decide whether to keep fighting or decide if it's worth the transaction costs."}
{"_id": "374868", "title": "", "text": "I agree with you on automation, and (its my fault for not elaborating more) you misunderstood what I was trying to say.     Sure, people will figure out things to do, but their *getting paid* for any of that is another story."}
{"_id": "374884", "title": "", "text": "I have experience with public speaking. Further I'm the only American at the company and the only native English speaker. I think that's why he chose me to be such a candidate. Add that to the fact that there's less than 20 staff at our office and I think you get the picture"}
{"_id": "374887", "title": "", "text": "\"so I believe it should be under \"\"No Financial Interest Account Information.\"\" section ?  Why? It's your account in your name. From legal perspective it is your personal account and you have financial interest in it.\""}
{"_id": "374905", "title": "", "text": "\"Suddenly its not just comparing the current price to the price of the contract, or is it? Sure it is.  Suppose you bought 100 option contracts (each for 100 shares) and paid a $1 per share premium ($10,000 total).  Now those options are trading for $1.50 per share.  You have an unrealized $0.50 gain per share, or $5,000. The $10,000 in options you bought are now worth $15,000.  It holds whether they were bought to open or close a position, or whether they are puts or calls.  The only difference is whether you bought or sold the options (the arithmetic is just reversed for selling an option). But lets say we have an Option, where the payoff is max(St-K, c0) where ct is the market price. What do you do then? Your current, unrealized P&L is different than the payoff.  The payoff only happens at maturity.  The current P&L is based on current market prices, just like stock.  Option prices all have a \"\"time premium\"\" making them worth more than their payoff (intrinsic) value prior to maturity.\""}
{"_id": "374935", "title": "", "text": "Underfloor heating is one of the most cost effective ways to heat your home and achieve indoor climate control for thermal comfort using conduction, radiation and convection. We offer such services for your home. Call us now at 1300 577 777 to clear your queries about our services."}
{"_id": "374950", "title": "", "text": "I feel like this change is the first of many that are going to continue to happen in the business world because there is a younger wiser generation arising that appreciate the power of technology and will get rid of these things that are not as efficient or old fashioned  such as the landline."}
{"_id": "374956", "title": "", "text": "\"I could not figure out a good way to make XIRR work since it does not support arrays.  However, I think the following should work for you: Insert a column at D and call it \"\"ratio\"\" (to be used to calculate your answer in column E).  Use the following equation for D3: =1+(C3-B3-C2)/C2 Drag that down to fill in the column. Set E3 to: =(PRODUCT(D$3:D3)-1)*365/(A3-A$2) Drag that down to fill in the column. Column E is now your annual rate of return.\""}
{"_id": "374988", "title": "", "text": "Yes, but it's a matter of paper trail and lifestyle. Your $600K guy may get questioned when he makes the deposit, but would show the record of having that money elsewhere. People buy cars with cash (a check) all the time. The guy filing a tax return claiming little to no income or no return at all, is more likely to get flagged than the $100K+ earning couple who happened to be able to save to buy their $25K car every 10 years with cash.  On reading the article, the bank had its own concerns. The guy who was trying to withdraw the money was elderly, and the bank seemed pretty concerned to make sure he wasn't about to be scammed. It may not be spelled out as such, but a custodian of one's money does have an obligation to not be party to a potential scam, and the very request for such a huge sum of money in cash is a red flag."}
{"_id": "375019", "title": "", "text": "Some economist please ELI5 what I\u2019m missing here. In the equities market, it is considered an economic benefit when exchanges settle trades in smaller increments. When we went from eighths to decimal, for example. How is that direction into smaller divisible units different from facilitating trade with pennies for economic goods?"}
{"_id": "375026", "title": "", "text": "Those surveys suck.  I've seen them jump all over the place.  Not too long ago the northeast one was way up.  Real live recessions don't usually happen unless the yield curve is inverted.  This muddling along crap is pretty characteristic of a recovery from a financial panic.  Lots of slow deleveraging fed by easy money.  I'd be really surprised to see a real recession.  I do think corporate earnings are going to start missing estimates.  But that is more about some mean reversion than anything else."}
{"_id": "375038", "title": "", "text": "**Litany of woes **  Nokia has been the number 1 seller of mobile phones since 1998. In Q1 of 2012 they relinquished this lead to Samsung. Samsung now has a 21% global market share against Nokia\u2019s 20%.  Till 5 years ago Nokia was in the top 5 most valuable brands in the world but had slipped to 14th place last year, and this year it will be lucky to be in the top 50.  Nokia is shedding jobs like a sinking ship jettisoning all excess weight.  Microsoft seems to be going its own way with the Windows mobile platform with the announcement that windows 8 update wont be available for Lumia range in the market.  The stock is now at a 16 year low."}
{"_id": "375060", "title": "", "text": "\"It's important to be frugal, save, and balance our budget. My beef is that there are so many people who say, \"\"CUT EVERYTHING!\"\" which is ridiculous.  Also, research and past experience indicates that government spending can be very successful in helping to mitigate and exit a recession / depression. It's just that we didn't save enough during the good times to prepare for the bad times.\""}
{"_id": "375079", "title": "", "text": "I'd rather have a pay raise because my bosses are actually pretty decent. They stay out of my way and let me do my job. Deadlines are usually so far down the road that I don't have to worry about it. They don't blame me for stuff that is demonstrably not my fault. The number of meetings that I get hauled into in a year, I can usually count on one hand. They tell me what they want done and leave deciding how it gets done up to me (I'm a web developer)."}
{"_id": "375089", "title": "", "text": "\"Right... so the fundamental question is if the roll-over cessation will cause short term interest rates to decouple from the Fed's say-so.  This is otherwise known as a bond auction failure.  The fed wants the treasury debt off their books, but they don't want to raise interest rates to make that happen.  So, they're going to experiment with uptake outside of the Fed to see if they can \"\"boil the frog\"\".  If the frog starts to squirm, I guarantee you that they're going to take the pot off the burner.  At their the proposed roll-over suspension rate, it'll take approximately 12 to 16 years to to get that two trillion off their books... and that assumes that nothing bad happens during that time.  &gt; Do you know of any good writeups that would back your side?  The closest you're going to find would be anything written about the JCB post 1995... but it looks like their program of direct stock market participation (technically, they're using ETFs, probably for financial cryptography purposes) [began in earnest in 2010](https://www.bloomberg.com/news/articles/2017-07-19/japan-bourse-head-turns-surprise-critic-of-kuroda-etf-purchases)  [this piece ](https://blog.kurtosys.com/central-banks-unthinkable-buying-stocks/) indicates that the Japanese aren't the only ones doing this.  England, The Swiss and even the EU is doing the same thing across multiple exchanges.  As the article points out, there's a two pronged effect of suppressing FX stock price correlations (strengthening or weakening of currencies raising or lowering stocks listed on associated bourses) and reducing volatility through market intervention (AKA plunge protection teams).   They also reference an Investco survey of  central bank reserve managers.\""}
{"_id": "375127", "title": "", "text": "Yes, you can. A friend of mine once did, don't know the reason why he was so foolish and couldn't use the debit card instead. I think maybe out of curiosity or he was drunk. But I know the consequences, the bank people asked him to pay all the previous debts relating to the card the same day or he was going to be paying alot of interest to them as a penalty. So, he did pay all the debts the same night."}
{"_id": "375129", "title": "", "text": "What exactly does Russia get from us, if anything, that they can't get somewhere else? And if they get something I guarantee Putin has found a substitute source. He knows if you can't keep bellys full he will have a revolution on his hands.  IMHO this is not as bad as the media wants you to believe."}
{"_id": "375138", "title": "", "text": "\"Man, it's amazing when someone so blatantly telegraphs that they have no idea what they are talking about. \"\"I'm not even going to bother\"\" is such an obvious copout. If you really weren't going to bother you wouldn't even post, you would just move on. Instead you are compelled to post but have absolutely nothing to counter the argument with.  What incentivizes a person to post and dispute someone when they know full well that they are too ignorant to actually argue or articulate a point? I would love to understand how your mind works.\""}
{"_id": "375151", "title": "", "text": "If your planning on shorting the stocks be careful, while the value of the retail sector may be declining there will be a lot of back and forth over the next ten years, and as REITs discounts to nav increases, there is huge opportunities for buyouts from developers who have other use ideas for the real estate. The real estate will always have value, even if it's not as a shopping center."}
{"_id": "375153", "title": "", "text": "Square does not care if you run a $10 transaction to test the system. They are concerned with its use to move meaningful amounts of money.    The only people who do this will be the Dunning-Kruger gang, who only think they are clever.  Because of course Square will hunt them down, sue, garnish and/or prosecute them!  But the expense of doing so is all on Square, making it a total lose.  The cheapest resolution is to not let it happen in the first place.   The ~3% cash advance fees, lack of rewards points, and the higher interest rate are not just for profiteering.  They reflect, and pay for, the higher risk of loaning money via cash advance: to put it indelicately, the risk of default.   Cash advance credit limits are often much lower than purchase limits.   If a merchant is selling himself phantom merchandise to get easy cash advances, it means he is not using regular ways of borrowing money.  Perhaps because he can't, because he has exhausted his other opportunities to borrow, risk managers have cut him off.  Square has no reason to care either way; but the issuing bank does, and through Visa etc., they will disallow this behavior.   **  PayPal Here's rate used here instead of Square's, to simplify math."}
{"_id": "375161", "title": "", "text": "A couple ways, but its not a guarantee.  You have to have special charts. Instead of each tick being 1 min, 5 min, or whatever, it is a set number of trades. Say 2000. Since retail investors only buy and sell in small amounts, there will be small volume per tick. An institutional investor, however, would have a much much higher trade lot size, even if using an algo. Thus, large volume spikes in such a chart would signal institutional activity over retail. Similarly, daily charts showing average trade size can help you pick out when institutional activity is highest, as they have much larger trade sizes. You could also learn how the algos work and look for evidence one is being used. ie every time price hits VWAP a large sell order goes through would indicate an institutional investor is selling, especially if it happens multiple times in a row."}
{"_id": "375170", "title": "", "text": "A few reasons make sense: They have a defined process for rentals, risk assessment, and customer credit. Especially for a large corporation, making changes to that process is not trivial, adds risk/uncertainty, and will be costly. Such changes for a relatively small customer base might not makes sense. Many rental companies DO allow you to rent with a debit card. Why do some businesses take cash only?  With a debit card, there is no third party guarantee. With a credit card, the cash is coming from a well-established third party who will pay (assuming no disputes) and has a well-established history of paying. Even if the merchant holds your account, it is still your cash under the control of you and your bank until the deposit clears the merchants bank. It is not surprising they view that as more risk and potentially not worth hassling with debit."}
{"_id": "375191", "title": "", "text": "Pro's  Right now your electricity is charged based on how ComEd projects you to have used it.  So you probably get charged for daytime electricity that you are actually using at night. At night the demand is lower so the cost of electricity is lower. ComEd will be able to better predict usage and plan outages/maintenance during times that are of lower impact. (Less inconvient outages for you) ComEd will better be able to see spikes in usage that trip and cause black and brown outs.  This will allow them to make adjustments to reduce the impacts of these and possibly avoid some altogether. (Less chance of having to deal with hours of stifling heat with no AC or fan) ComEd will be able to invest in equipment to more accurately meet their needs instead of trying to guess what it needs.  This should make your power more reliable, and cost less. This technology has just started to be exploited.  I look for this to be like the cell phone.  New devices that will leverage the technology could revolutionize your home. CONS Companies do not like to surrender revenue.  Look for an increase in cost for lower peak times (if they can get it through CUB)  Quite a bit can be deducted from your energy use at the level they will report at.  In addition this technology has potential to be like a cell phone added ability to help and to collect information. It is not well tested in wide distribution.  There are quite a few unknown risks."}
{"_id": "375197", "title": "", "text": "\"You sound like a savvy consumer of currencies!  ;)  You should put your insights and skepticism to use, and publish a \"\"currency review\"\" to help people decide which currencies are safest to save in.  You could also create your own currency, and assure investors that they are entitled to exchange it for a fixed amount of a commodity at any time, for instance gasoline or wheat.  &gt;I see no reason to expect bodies with shorter term interests would do a better job.  Competition.\""}
{"_id": "375199", "title": "", "text": "Currencies are a zero-sum game. If you make money, someone else will lose it. Because bank notes sitting in a pile don't create anything useful. But shares in companies are different, because companies actually do useful things and make money, so it's possible for all investors to make money. The best way to benefit is generally to put your money into a low-cost index fund and then forget about it for at least five years."}
{"_id": "375201", "title": "", "text": "\"As someone who works in tech and has seen a thing or two, the fallacy of moving to college towns to foster innovation is a farce. The whole reason businesses do this is to get an endless supply of cheap labor from new graduates who don't have families, thus will work nights and weekends for free to make a name for themselves. Once those kids wise up and maybe want to start a family, they move to suburbs away from these college towns and leave those companies which leads to high attrition rates for mid level employees. This also leads to inferior products from a \"\"high technology\"\" standpoint because of lack of senior mentors and you end up with shit projects just slapped together that just barely work. Would you want your GE jet engines designed on the cheap by recent graduates or disciplined engineers? I'm not saying it's a bad business decision, it is totally valid and smart for some markets, but it seems like GE has their hands in important technology that shouldn't be designed like this. If they want to reinvent themselves why not make a Boston technology center for innovation, not move their whole business? It just didn't make sense.\""}
{"_id": "375221", "title": "", "text": "There are different types of businesses, Microsoft is a public corporation which means it is owed by shareholders, not bill gates himself. The money Bill Gates has is not all cash, it is valued by the stock he owns in different companies.  Other businesses may be limited liability meaning the owner may not be liable for losses on the business, but the money earned by the business is kept for business use only."}
{"_id": "375228", "title": "", "text": "In many cities, you'll die, or just shit your pants every day on your ride to work, or just not get to work if there's a freeway on your route.  At the very least, you'll need to budget a replacement bike every few weeks when it gets stolen."}
{"_id": "375242", "title": "", "text": "\"Stock returns cannot be evaluated on its own. You need to take into account inflation and the return of other investment vehicles. Over the long run, you want to earn more than your peers (ie inflation), or lose less than them. Stock lets you buy into the profits of a company managed by others. So the fundamental question is \"\"do those company managers make better decision than average person?\"\" Of course there are times when they make awful decisions (eg just before dotcom bubble), and sometimes the best decision is to close the business. But overall those people are much better educated, have higher IQ, more resourceful, etc, and so over long time and across all the companies, this is correct and hence the stock market premium.\""}
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{"_id": "375253", "title": "", "text": "how do these margins vary over time Depends on a lot of factors. The bank's financial health, bank's ongoing business activities, profits generated from it's other businesses. If it is new to mortgages, it mightn't take a bigger margin to grow its business. If it is in the business for long, it might not be ready to tweak it down. If the housing market is down, they might lower their margin's to make lending attractive. If their competitors are lowering their margins, the bank in question might also. Do they rise when the base rate rises, or fall, or are they uncorrelated? When rates rise(money is being sucked out to curb spending), large amount of spending decreases. So you can imagine margins will need to decrease to keep the mortgage lending at previous levels. Would economic growth drive them up or down? Economic growth might make them go up. Like in case 1, base rates are low -> people are spending(chances are inflation will be high) -> margins will be higher(but real value of money will be dependent on inflation)  Is there any kind of empirical or theoretical basis to guess at their movement? Get a basic text book on macroeconomics, the rates and inflation portion will be there. How the rates influence the money supply and all. It will much more sense. But the answer will encompass a mixture of all conditions and not a single one in isolation. So there isn't a definitive answer.  This might give you an idea of how it works. It is for variable mortgage but should be more or less near to what you desire."}
{"_id": "375275", "title": "", "text": "The era ended a long time ago.  Sears effectively carried less and less quality merchandise and consistently more garbage year over year for nearly 15 years.  The local Sears here was a constant clearance sale of lousy brand clothing and a hodge lodge of things typically done far better elsewhere.  Their television department had a selection of 6 TVs to Best Buy's 80; their lingerie department was a few random shelves mixed into heaps of their low quality house brand Jessica products and a bizarre amount of real estate committed to Vanity Fair nylon briefs that haven't been in style since '53; their tools were a random mix of shop, yard and household standards available in more orderly arrangement from any genuine home or hardware outlet; and their men's suits were 8 racks with one brand name offering and a sprinkling of hideously ugly, ill-conceived, and off-trend coloured garbage in fabrics akin to cardboard.  In short, Sears had turned into a dump."}
{"_id": "375290", "title": "", "text": "and this is a sure sign that their advice is worthless..  if their research was worth the paper that it is written on, they would be using that research to make money trading, instead of trying to sell their research to their clients.  how many times have we said that traders that can trade will trade, but that traders that can not trade, they will teach.  and the fact that they are charging so much for their research should be a sign or an indication that there is perhaps a sense of desperation in this organization to quickly raise some money quickly and desperately.  people that dont really know where the treasure is buried at will sell treasure maps..  people that do know where the treasure is buried will dig for buried treasure."}
{"_id": "375299", "title": "", "text": "I guess my point of view is that if domain seizing becomes a very prominent thing than proxies become a prominent thing amongst piraters - not that they already aren't, but I'm of the belief that whatever technology legislators embrace for combating piracy, pirates embrace an equally effective converse technology.   As usual there will be a lot of unsuspecting American citizens hurt by SOPA but eventually the people who have made torrents successful for the average Internet user will be able to make proxies, hidden downloads, and mirrors extremely user-friendly and easy-to-use for the public. As far as I'm concerned combatting piracy through legislation rather than business practices is opening pandora's box.   Right now it's possible to make your ISP see nothing but bandwidth, it's difficult to set-up, and a pain to maintain, but if content providers want to wage war, they should be prepared to lose, and lose hard."}
{"_id": "375302", "title": "", "text": "Generally not, however some brokers may allow it. My previous CFD Broker - CMC Markets, used to allow you to adjust the leverage from the maximum allowed for that stock (say 5%) to 100% of your own money before you place a trade. So obviously if you set it at 100% you pay no interest on holding open long positions overnight. If you can't find a broker that allows this (as I don't think there would be too many around), you can always trade within your account size. For example, if you have an account size of $20,000 then you only take out trades that have a face value up to the $20,000. When you become more experienced and confident you can increase this to 2 or 3 time your account size. Maybe, if you are just starting out, you should first open a virtual account to test your strategies out and get used to using leverage. You should put together a trading plan with position sizing and risk management before starting real trading, and you can test these in your virtual trading before putting real money on the table. Also, if you want to avoid leverage when first starting out, you could always start trading the underlying without any leverage, but you should still have a trading plan in place first."}
{"_id": "375303", "title": "", "text": "They have improved.  I can't get past the time I was in an aisle and this buzzer went off.  I look over and a monitor with me in the corner and a guy at a multi monitor security setup was there.  The screen said I'm being watched.  I said fuck this and never went back.  I like Menards and around here, Fleet Farm"}
{"_id": "375324", "title": "", "text": "The company that sold of the debt, does write off the loan [and books loss on balance sheet]. Depending on the Company's policy the amount written of as loss varies. Some Companies only show loss on Principal for the outstanding period [The interest income and charges is not booked]. Some companies would show loss on Principal and the accrued unpaid interest ... So if the total outstanding is say 10,000 and it was sold to collector at say 3,000/- the balance 7,000 is written off as loss. There are multiple reasons, one they don't have time or there are only few cases. But most of the times when on initial delay in payment, it goes to a collection agency for follow-up [and the loan is not actually sold]. The agency gets a commission [around 10-15%] for every successful payment they recover.... its only after some period it actually gets sold completely to the agency for a heavy discount price. Often at 10% the actual value. The collection agency works on threat technique, if they get 50% of face value, they may loss that threat perception and everyone would not pay even if they can ... so it makes more sense for them to get 200% of face value [added interest, charges and other stuff] from one customer rather than get 50% from 4 customers ..."}
{"_id": "375325", "title": "", "text": "\"They are under the radar, but are very strong in Europe and Asia. Deal size will be middle market transactions in North America, a stark contrast to its accounting clients.   The good: -established pipeline from accounting and consulting partners &amp; contacts -much better work life balance than most IBs, no 100 hour weeks -widely known name brand -experience working on more than straight forward sell side deals; people underestimate the knowledge and skills you learn through being involved in turnarounds, refinancings, buy side advisory, etc.  Cons: -exit opportunities are more limited -pay will be below street -partner \"\"buy in\"\" can be incredibly frustrating  I will say that generally KPMG prefers CPAs (even for non-accounting positions) and requires 3-4 years of experience. But, considering you have the interview, they felt you were worth talking with.\""}
{"_id": "375340", "title": "", "text": "Epistemology is not an alternative to empiricism, it's the field to which it belongs. Empiricism is the basis of science, and the alternative to rationalism. This distinction is very old, and remains an open question.  If you're not going to actually take the time to read my arguments, and consider them honestly why bother responding?  This dialogue has ceased to be enjoyable. Good day."}
{"_id": "375357", "title": "", "text": "As DJClayworth said, be very careful with this one!   The property is a residence, not a business location.  Given that, it is almost a certainty that the IRS is not going to let you claim 100% of the expenses for the home as a business expense, even if nobody's actually living there.   You may get away with doing this for a period of time and not run into zoning or other issues such as those DJ mentioned, but it's like begging for trouble.  You run the very real risk of being audited if you try to do what you're proposing, and rest assured, whatever you saved in taxes will disappear like smoke in the wind under an audit. That being said, there's no reason you can't call a tax service and ask a simple question, because in answering it they're going to hope to gain your business.  It'd be well worth the phone call before you land yourself in any hot water with the IRS.  I can tell you that I'd rather have a double root canal with no anesthetic than go through an audit, even when I didn't do anything wrong! (grin) Good luck!"}
{"_id": "375368", "title": "", "text": "First, realize that Wikipedia is written by individuals, just like this board has thousands of members. The two definition were written and edited by different people, most likely.  Think Venn diagram.  The definition for financial instruments claims that it's the larger set, and securities is contained in a subset.  Comparing the two, it seems pretty consistent.  Yes, Securities include derivatives.  Transferable is close to tradable, although to me tradable implies a market as compared to private transfers.  I don't believe there's an opposite, per se, but there's 'other stuff.' My house has value, but is not a security. My coffee cup has no value. Back to the concept of Venn. There aren't really opposites, just items falling outside the set we're discussing.  I'd caution, this is a semantic exercise. If you know what you're buying, a stock, a bond, a gold bar, etc, whether it's a financial instrument or security doesn't matter to you."}
{"_id": "375372", "title": "", "text": "Walmart just installed all new self checkout with belts for bigger shopping away from the regular self check out at the store near me. It sounds absurd that your local grocer couldn't sort out oversight. Or like Walmart they check receipts like Sam's now."}
{"_id": "375393", "title": "", "text": "BA though, not BS so you don't have college calculus training?  It's good to get some STEM training even if you don't end up working directly developing technological products.  Quantitative analysis as a coder might be feasible.  I advise you to attempt to get those types of interviews.  Learn where you may fall short, and bone up on those areas either formally or informally and keep interviewing.    I tutored one student through an Executive MBA at Wharton, and that prepared him to expand his business.  And he met several influential people who could help him.  The price was out there... $150,000 over two years of weekends.  but I don't know where you are located.  That kind of training opens doors to top level firms.  I got an MBA myself back in the day, and I got several finance interviews.  I found financial people compromised ethically even from just the interviewing process.   I decided to go into business for myself however as an IT shop."}
{"_id": "375423", "title": "", "text": "\"Even though you will meet the physical presence test, you cannot claim the FEIE because your tax home will remain the US. From the IRS: Your tax home is the general area of your main place of business, employment, or post of duty, regardless of where you maintain your family home. Your tax home is the place where you are permanently or indefinitely engaged to work as an employee or self-employed individual. Having a \"\"tax home\"\" in a given location does not necessarily mean that the given location is your residence or domicile for tax purposes.   ...   You are not considered to have a tax home in a foreign country for any period in which your abode is in the United States. However, your abode is not necessarily in the United States while you are temporarily in the United States. Your abode is also not necessarily in the United States merely because you maintain a dwelling in the United States, whether or not your spouse or dependents use the dwelling.   ...   The location of your tax home often depends on whether your assignment is temporary or indefinite. If you are temporarily absent from your tax home in the United States on business, you may be able to deduct your away from home expenses (for travel, meals, and lodging) but you would not qualify for the foreign earned income exclusion. If your new work assignment is for an indefinite period, your new place of employment becomes your tax home, and you would not be able to deduct any of the related expenses that you have in the general area of this new work assignment. If your new tax home is in a foreign country and you meet the other requirements, your earnings may qualify for the foreign earned income exclusion.   If you expect your employment away from home in a single location to last, and it does last, for 1 year or less, it is temporary unless facts and circumstances indicate otherwise. If you expect it to last for more than 1 year, it is indefinite.   If you expect your employment to last for 1 year or less, but at some later date you expect it to last longer than 1 year, it is temporary (in the absence of facts and circumstances indicating otherwise) until your expectation changes. For guidance on how to determine your tax home refer to Revenue Ruling 93-86. Your main place of business is in the US and this will not change, because your business isn't relocating. If you are intending to work remotely while you are abroad, you should get educated on the relevant laws on where you are going. Most countries don't take kindly to unauthorized work being performed by foreign visitors. And yes, even though you aren't generating income or involving anyone in their country, the authorities still well may disapprove of your working. My answer to a very similar question on Expatriates.\""}
{"_id": "375438", "title": "", "text": "One way of looking at it is that your equity in your house is an investment in a particular class of asset, and investing further in that asset class may drive you away from, rather than towards, your preferred asset mix. It's pretty common here in New Zealand for people's only investments to be their homes and rental properties. I wish those people luck when our current property boom ends."}
{"_id": "375444", "title": "", "text": "Investing in the right lightning protection system is the best way to protect everyone from lightning damage. These systems create a pathway for lightning bolts to ground itself. Without a designated path; electrical wirings, metal plumbing pipes and even the metal gas system lines become potential pathways, thus causing damage to every device connected. A tailored system specifically for the home can safely guide the strike to the ground without harming anyone or anything. Checkout us online: http://lightningprotectionlec.greatwebsitebuilder.com/blog/the-most-effective-lightning-protection-design-turnkey-solution"}
{"_id": "375469", "title": "", "text": "why did you link a document on government labor? do you think amazon is a public employer?   when discussing what auto companies are or are not building in michigan, i think you will find that they are building tech, digital, and other white collar investments here. very similar to the focus of this thread."}
{"_id": "375496", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/2/28/14359140/chetty-friedman-college-mobility) reduced by 95%. (I'm a bot) ***** &gt; There are the highly effective schools that barely enroll any poor kids but do tons for the few they do have, and the highly ineffective schools that enroll a lot of poor kids but offer them little.  &gt; That&amp;#039;s part of what makes this research so exciting: It lets us distinguish between high-performing and low-performing schools, but it also creates an agenda for follow-up research seeking to identify what makes, say, the Technical Career Institutes in New York so much more effective than Moultrie Technical College at making poor students substantially better off.  &gt; The authors examined schools where the share of poor kids enrolled rose over time, and checked to see if they became less successful at elevating those kids economically.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6yzw3z/these_colleges_are_better_than_harvard_at_making/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~206881 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **school**^#1 **student**^#2 **percent**^#3 **top**^#4 **poor**^#5\""}
{"_id": "375505", "title": "", "text": "\"You keep moving your target. First it's no value, then it's diminishing returns.  Look, at the end of the day, you're one of the classic drive by's who is upset at \"\"Big HFT\"\"^TM for no discernible reason. You are incapable of expressing what it is that they are quantifiably doing that has caused you so much harm that hearing about their failings brings an emotional response in you. You should really evaluate why you attach so much emotion to some distant players who by your own statements may contribute value and appear to have no significant direct impact on you.  The are participants in a market doing what all participants in a market try to do, find some characteristic and exploit it, and occasionally overstepping and finding that knowledge, technology, human capital or some other aspect is not yet sufficient to survive in the new conditions. That's literally what every sector, market and human venture is doing en masse. Expanding to the limits and trying to push past those.\""}
{"_id": "375507", "title": "", "text": "\"&gt; It's not like anti-vaccine movement where their lies are actually causing death and disease.  I'm not so sure that is true.  Every day there are parents spending money on \"\"alternative healing\"\" for their children.  That is money not being spent on real health.  Every dollar spent on placebo is a dollar not availiable for regular doctor's visits, medication, healthy food and emergency funds.\""}
{"_id": "375517", "title": "", "text": "What happened is that they do not track (and report) your original cost basis for 1099-B purposes. That is because it is an RSU. Instead, they just reported gross proceeds ($5200) and $0 for everything else. On your Schedule D you adjust the basis to the correct one, and as a comment you add that it was reported on W2 of the previous year. You then report the correct $1200 gain. You keep the documentation you have to back this up in case of questions (which shouldn't happen, since it will match what was indeed reported on your W2)."}
{"_id": "375533", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://billmoyers.com/story/ironworker-running-to-unseat-paul-ryan/) reduced by 96%. (I'm a bot) ***** &gt; All I&amp;#039;m trying to do is raise enough money to get my message to people in the first district so they know that there&amp;#039;s somebody like them as an alternative to Paul Ryan.  &gt; Paul Ryan is speaker of the House, but he hasn&amp;#039;t been speaking on behalf of working people&amp;#039;s houses.  &gt; RB: I&amp;#039;ve already had people, like in the grocery store, who are Republican-leaning voters who know I&amp;#039;ll talk to them - we have stuff in common - come up and say, &amp;quot;Hey, I hear you&amp;#039;re running against Paul Ryan; I think that&amp;#039;s great.&amp;quot; We even had some union members who voted for Trump.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6k8ih2/the_ironworker_running_to_unseat_paul_ryan_wants/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155283 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **people**^#1 **work**^#2 **JL**^#3 **vote**^#4 **district**^#5\""}
{"_id": "375537", "title": "", "text": "\"Your post has some assumptions that are not, or may not be true. For one the assumption is that you have to wait 7 years after you settle your debts to buy a home.  That is not the case.  For some people (me included) settling an charged off debt was part of my mortgage application process.  It was a small debt that a doctor's office claimed I owed, but I didn't.  The mortgage company told me, settling the debt was \"\"the cost of doing business\"\".  Settling your debts can be looked as favorable. Option 1, in my opinion is akin to stealing.  You borrowed the money and you are seeking to game the system by not paying your debts.  Would you want someone to do that to you?  IIRC the debt can be sold to another company, and the time period is refreshed and can stay on your credit report for beyond the 7 years.  I could be wrong, but I feel like there is a way for potential lenders to see unresolved accounts well beyond specified time periods.  After all, the lenders are the credit reporting agencies customers and they seek to provide the most accurate view of a potential lender.  With 20K of unresolved CC debt they should point that out to their customers. Option 2:  Do you have 20K?  I'd still seek to settle, you do not have to wait 7 years.   Your home may not appreciate in 2 years.  In my own case my home has appricated very little in the 11 years that I have owned it.  Many people have learned the hard way that homes do not necessarily increase in value.   It is very possible that you may have a net loss in equity in two years.  Repairs or improvements can evaporate the small amount of equity that is achieved over two years with a 30 year mortgage.   I would hope that you pause a bit at the fact that you defaulted on 20K in debt.  That is a lot of money.  Although it is a lot, it is a small amount in comparison to the cost and maintenance of a home.  Are you prepared to handle such a responsibility?  What has changed in your personality since the 20K default?  The tone of your posts suggests you are headed for the same sort of calamity. This is far more than a numbers game it is behavioral.\""}
{"_id": "375542", "title": "", "text": "\"I would call the bank and ask how the person is on the account.   If they are an owner, or are an authorized user, or what type of owner they are, etc.    If the bank makes the distinction between \"\"user\"\" and \"\"owner\"\" then most likely, your funds are not able to be seized.  If they are a joint owner, then, typically, 100% of the money is yours and 100% of the money is theirs and either of you could withdraw all the money, close the account, or have the money seized as part of a legal action.\""}
{"_id": "375544", "title": "", "text": "You probably will not find to many places if any that give you live quotes on options because for the general public there is not that high of a demand. Most people do not even know what stock options are.  You can get update on some sites like CNBC, but you will have refresh constantly to get the latest option prices.  You can also try an online broker, most of whom will let you have access to their tools and quotes if you sign up for an account. Some require a deposit before you can access those tools and some don't. Personally, I use TD Ameritrade and I do not believe they require a deposit to use their tools, but don't quote me on that."}
{"_id": "375580", "title": "", "text": "Yeah sure.  After Brexit the UK will be so desperate to save its economy that they WILL accept chlorinated chicken and all other American demands because they will have no other choice than accepting them. The UK has nothing to offer in negotiations, they will be a sitting duck.  In a few years the UK will surpass Greece as a needy country. That Brexit will be the nail in their coffin."}
{"_id": "375584", "title": "", "text": "&gt; With 400,000 reservations in hand, Tesla says it will be cranking out 5,000 Model 3 sedans a week by the end of this year.  WTF?  at that pace (**IF** they make and sustain it) means **80 weeks** to fill orders.  this is good news?"}
{"_id": "375606", "title": "", "text": "When over the long term housing costs in a area rise faster than wages rise, the demographic of who lives in the area changes. The size and income parameters change. A region that was full of young singles is now populated with couples with adult children, that means that the businesses and amenities have to change. At a national level it isn't sustainable unless other items change. The portion of monthly income that can be safely allocated to housing would have to change. One adjustment could be the the lengthening of home loan periods, thus dropping the monthly payment.  This has been seen with car loans, over the last few decades the length of loans has increased. In interesting related event could be the change in deduction of mortgage interest and property tax. If this was to change abruptly, there could be an abrupt change the estimated value of housing, because the calculus of affordability would change."}
{"_id": "375618", "title": "", "text": "- it devistates you're credit record (good luck getting even a car loan)  - rents are artificially high due to the foreclosure backlog and those who haven't let go yet, so there might not be any relief by defaulting  - they will be prohibited from buying another house for at least 7 years  - it is very possible that they will be pursued by the banks in court for years to come and may end up having tax refunds and pay checks garnished for decades to come (again impacting their ability to obtain loans or get credit), effectively turning them into renters for the remainder of their working life."}
{"_id": "375624", "title": "", "text": "Vegan here. That movie was bias as hell. There are plenty of other good ones that will do better job of convincing you. Also good for you for doing something about it. Veganisn does make u feel better. Love you (we are a very inclusive bunch)"}
{"_id": "375632", "title": "", "text": "It's just possible that if you have your home appraised (probable cost a few hundred $), and the value is sufficiently higher than what the mortgage company is owed, that they will let this slide, since they are covered. Many banks, at least, allow secured lines of credit against the equity in your home, and allow the amount of the loan to increase if/as the value of the property goes up and your equity increases. However, I'd run this by the mortgage company before investing in the appraisal, since they may not be as flexible this way as the banks I've dealt with, and in any case it's a gamble unless you are certain of the value of your property."}
{"_id": "375649", "title": "", "text": "It has to do with the mindset that many in this demographic have.  The feeling that they don't need to be courteous to others and that everyone should move around them... Even if the space they're currently occupying happens to be in the middle of the road."}
{"_id": "375652", "title": "", "text": "They will credit your account and it will be applied to future purchases. If the credit card is not used for several months, they will send you a check or transfer it to your bank account. Some people on this site have actually considered sending money to the credit card company in advance, so that the amount that can be charged is temporarily inflated. Keep in mind they will eventually refund the money. Plus you will not earn interest on the refund."}
{"_id": "375657", "title": "", "text": "what is the mechanism by which they   make money on the funds that I have in   my account? Risk drives TD Ameritrade to look for profits, Turukawa's storytelling about 100,000$ and 500$ is trivial. The risk consists of credit risk, asset-liability risk and profit risk. The third, based on Pareto Principle, explains the loss-harvesting. The pareto distribution is used in all kind of decentralized systems such as Web, business and -- if I am not totally wrong -- the profit risk is a thing that some authorities require firms to investigate, hopefully someone could explain you more about it. You can visualize the distribution with rpareto(n, shape, scale) in R Statistics -program (free). Wikipedia's a bit populist description: In the financial services industry,   this concept is known as profit risk,   where 20% or fewer of a company's   customers are generating positive   income while 80% or more are costing   the company money. Read more about it here and about the risk here."}
{"_id": "375658", "title": "", "text": "Cant tell if sarcasm but between two employees where one has a cellphone and one dosnt (or only intermittently) who are you going to rely on. That being said it's cheap as fuck to afford a basic ass cellphone."}
{"_id": "375671", "title": "", "text": "Are you looking for this Warren Buffets Stock Portfolio? Or Berkshire Hathaway Portfolio WFC is near the bottom of the BH portfolio but it seems to be a rather large investment for both."}
{"_id": "375700", "title": "", "text": "She was Google's first product manager.  Because there was nobody else standing around.  She's not brilliant, she won a lottery.  I've met her.  She's basically a professional cheerleader.  Not a visionary.  If I had the reigns of Yahoo, I would have focused on what people still go to Yahoo for - their financials.   I would have built that into a major destination for investors and parlayed that into a key news hub.  Instead she fucked around with blogs, acquisitions (Fiorina style), and stupid micromanaged policies.  Zero respect. She should retire, enjoy her good fortune, and never bother the tech world again."}
{"_id": "375702", "title": "", "text": "are you being sarcastic?  for some reason I'm reading your posts that way but I'm entirely serious, as someone who works in a Chinese company... its a major priority to keep our R&amp;D and code/other developments completely under wraps"}
{"_id": "375705", "title": "", "text": "You won't be using my SQL. It probably lists Oracle because that's the ERP system the company uses, and it'd be good for the FP&amp;A guy to be familiar with the system. Be an expert in Excel, you will probably be using it the majority of your workday."}
{"_id": "375706", "title": "", "text": "Enjoy the free trades as long as they last, and take advantage of it since this is no longer functionally a tax on your potential profits.  On a side note, RobinHood and others in the past have roped customers in with low-to-zero fee trades before changing the business paradigm completely or ceasing operations. All brokers could be charging LESS fees than they do, but they get charged fees by the exchanges, and will eventually pass this down to the customer in some way or go bankrupt."}
{"_id": "375708", "title": "", "text": "If you have no need for the money. Donate it. Spend the next few years determining what charities make sense and then when the wills are settled, then make those donations. You should get advice how how to best do that, there can be some limitations and complications. Sometimes the source of the money/property makes it more complicated. The form of the inheritance can also make a difference.  You could even setup a charitable trust to spread the donations out over year or decade. You could even make it so that you can live off the interest until you die, and then the rest goes to the charity. Note: just because they have no other children, there is no guarantee that you will receive the money/property. They, at any time, could write a will and cut you out of some, most , or all of the wealth."}
{"_id": "375713", "title": "", "text": "Amazon is great for items with little manufacturing variances. For items with large manufacturing variances such as clothing, produces, etc, its logistic system doesnt work well.    Yes, w/ a grocery chain acquisition it will solve a lot of the problem. No, Amazon Go store is still very conceptual and doesnt work for grocery shoppers behaviorally. It wont change even for kids once they start learning how to pick the right fruits, vaggies, etc.  p.s., you could pick up shipment from Amazon Lockers which is pretty abundant around areas w/ a Whole Foods store."}
{"_id": "375740", "title": "", "text": "Which side of the bed did you sleep on? Did you have to change the sheets if you'd recently had sex with someone in that bed? Did she eat breakfast in the mornings? Did anyone every notice and/or question this arrangement? Did she ever snore? Did you ever snore? Who fell asleep first? Was she ever big spoon? Did you guys ever sleep face-to-face? What happened when you finally did get into a new relationship?"}
{"_id": "375748", "title": "", "text": "Hence new employer pays a part of the salary as per diem compensation   along with regular salary and says that per-diem compensation is   non-taxable. Per-diem is not taxable. But that is not what you're describing. It appears that either you or the prospective employer, misunderstood what per-diem is. As per US law is it legally allowed non taxable per diem compensation   to employees? Yes. What are the pros and cons of having per diem compensation? Per-diem is not compensation. It is not part of your salary. It is not part of your employment contract. If I have to report my salary to any one like banks, insurance   companies, do I need to include Per diem compensation or not? No, because it is not compensation. Back to the first item: Per-diem is paid to you during business trips when you're away from your (tax) home. It is not part of your compensation, and is only allowed for business trips. Contract work on site for any prolonged period of time (1 year or more, as a definitive rule, but can be less) is not a business trip. For that period of time your tax home becomes that location, so you're not away. You're home. You should discuss it with a licensed tax adviser (EA/CPA licensed in your State), but it seems to me that either you misunderstood something, or your prospective employer is trying to evade taxes (both yours and his) by disguising part of your compensation as per-diem. It is very likely that when you get caught, the employer will just issue you 1099 on the amounts and leave you hanging."}
{"_id": "375752", "title": "", "text": "Placebo effect still works when it's know that the subject is taking a placebo in self reporting situations.  Those people who would benefit can still benefit and the rest can be spared from wasting their money on a bunch of bullshit.     At a minimum, everyone deserves to be able to make their own decisions based on truths, not woo woo marketing.  Also, some of this stuff she's promoting can have adverse side effects.  It's not really an innocent thing that she's doing here.   http://www.health.harvard.edu/blog/placebo-can-work-even-know-placebo-201607079926"}
{"_id": "375769", "title": "", "text": "Up until now I was looking at general European market and then dividing it up by sectors, but a country-specific distribution would also be a possibility, but I am afraid that the amount of work required to divide things up that much might be too much. Then again, it honestly might not. It could very well be that I'll come across this information during my research and if that's the case, it would certainly be worth incorporating into my paper.   My intention is to take pieces of my thesis and turn them into separate specials for my employer to publish if my employer allows me to work on my thesis at work over the summer. We'll see. Hoping to be done by the end of September, so we'll see. I'll certainly be sure to keep the subreddit posted. My thesis will also certainly make it over to my [Scribd](http://www.scribd.com/dwietstruk)."}
{"_id": "375771", "title": "", "text": "Future job offers can go up or down depending on your disclosure, people can interpret it as bragging... maybe you could just use a percentage?"}
{"_id": "375777", "title": "", "text": "Is there a better vehicle for this than an index fund?  Seems like a good choice to me, unless you want to protect it from market risk since it's in essence an emergency fund, in which case maybe you'd want to keep some of it in CD's. Are significant downsides to keeping the money in our name until he needs it?  The main downside would be if you had need to dole out more than the maximum annual gift exclusion amount in a single year (currently $14,000), you'd have to report it as a taxable gift on your tax return and it'd count toward your lifetime gift exclusion. You and your wife can each give a gift, and if your brother were married you and your wife could each give to both he and his spouse, so 2-4x the annual gift limit before this becomes an issue. Additionally you can pay medical/education expenses directly and that is not counted toward the annual exclusion. Are there any other considerations that we are overlooking? There's always a risk that gift-giving can create expectation and/or resentment. I'd think you'd want to make instances of giving not sound like something you planned for, but something you are sacrificing for. Not sure what the best strategy is there, every family is different when it comes to dealing with finances."}
{"_id": "375780", "title": "", "text": "\"Paying off a loan early isn't a bad thing.  Having a credit card for 6 months and then closing it is probably unneeded; pay it off and then keep it as an emergency card.   The key is debt:available credit ratio.  Look at this article for example which explains the different elements; the only one you're affecting here is the second, your debt load.  If you're not planning on asking for another loan in the next six months, none of this really matters - assuming you are paying it off for sure, in six months, your debt will be gone and your credit score recovered from any hit it takes (and if you get a $1500 credit card and only put $300 on it, it might actually improve your credit). But having an open $1500 credit card with a 0 balance will probably improve your credit rating, unless you have a really high amount of available credit.  It will improve your debt/credit ratio (ie, total $ you owe divided by total $ you could put on your CCs/revolving credit). This is all aside from the \"\"is it a good idea to borrow money for a 3 month vacation before starting working\"\", which the answer is \"\"Well, not exactly\"\".  That's not from a credit perspective, just from a living within your means perspective.  If you have a firm job that will easily pay off the vacation, it's probably not a bad thing, but definitely a certain number of people will take this and end up in 'spending bad habits' that last their life.  Be aware of that, and if you're just loaning yourself money from the future, make sure you understand the terms of that loan... and are certain you can pay it off.\""}
{"_id": "375792", "title": "", "text": "Zoopla may not always accurately reflect the market price. Your best bet is to get a quote for local registered) letting agents. That way you know you are close to the real market value. Also, these quotes may come into handy if you have a mortgage on the property. Since most banks will require you to provide proof of rent figures you are projecting by sending in official quotes. Hope this helps.."}
{"_id": "375793", "title": "", "text": "I read an article recently that talked about how there are kind of two camps in autonomous driving: the slow progress and the giant leap (made these names up). The giant leap advocates say that continuing to add features won't get you to full autonomy because at the end, you still have to take that leap. With your description, if the political environment prevents the leap, it's not hard to imagine that in 15 years all the cars on the road will have the features you've described, and we'll find that no one is really driving much anymore. Then it'll be kind of an easy decision to implement a broader networked system. Hopefully it doesn't take that long but that seems like a potential worst case scenario here."}
{"_id": "375794", "title": "", "text": "\"The Federal Reserve is not the only way that money can be \"\"printed.\"\" Every bank does fractional reserve banking, thereby increasing the money supply every time they make a new loan. There's a number called the reserve requirement which limits how much money each bank can create. Lowering the reserve requirement allows banks to create more money. Raising it will destroy money. But banks can also destroy money by calling in loans or being less willing to make new loans.  So when you look at the number of banks in the US, and the number of loans they all have, it's impossible to figure out exactly how much the money supply is expanding or contracting.\""}
{"_id": "375821", "title": "", "text": "Your first step is to talk to the current lender and ask about refinancing in the other person's name. The lender is free to say no, and if they think the other person is unlikely to pay it back, they won't refinance. If you're in this situation because the other person didn't qualify for a loan in the first place, the lender probably won't change their mind, but it's still worth asking. From the lender's point of view, you'll be selling the other person the car.  If they qualify for a loan, it's as simple as getting the loan from a bank, then doing whatever is required by your state to sell a car between either private parties or between relatives (depending on who the other person is). The bank might help you with this, or your state's DMV website.  Here are a few options that don't involve changing who is on the loan: Taking out a loan for another person is always a big risk. Banks have entire departments devoted to determining who is a good credit risk, and who isn't, so if a person can't get a loan from a bank, it's usually for a good reason.  One good thing about your situation: you actually bought the car, and are the listed owner. Had you co-signed on a loan in the other person's name, you'd owe the money, but wouldn't even have the car's value to fall back on when they stopped paying."}
{"_id": "375824", "title": "", "text": "I think anything from 10% on demonstrates a reasonable ability to save.  I would consider ongoing debt level a better indicator than the size of the down payment. It's been my experience that, without exception, there is a direct correlation between a persons use of revolving credit and their ability to manage their money & control their spending. Living in Seattle, I only put 10% down on my first house, but not only have we never missed a payment we have always paid extra and now have about 50% equity after 10 years with a family. Yet it would have taken me another year to save the other 10% during which time I would have burned that amount and 1/2 again in useless rent."}
{"_id": "375830", "title": "", "text": "For ankle and foot problems, you need to go to Preferred Foot and Ankle Specialist Gilbert AZ. Recommending Dr. Mikkel Jarman, DPM, Gilbert Podiatrist. Phone 480 497-3946 or PreferredFootAnkle.com. He is one of the very best Foot Doctor Gilbert AZ and offers effective pain alleviation."}
{"_id": "375876", "title": "", "text": "No. As long as you are sensible, an average person can make money on the stock market. A number of my investments (in Investment trusts) over the last 10 yeas have achieved over 200%. You're not going to turn $1000 into a million but you can beat cash.  I suggest reading the intelligent investor  by Graham - he was Warren Buffet's mentor"}
{"_id": "375877", "title": "", "text": "There is really much simpler explanation for the interest rate differences in different countries. It is the interest rate arbitrage. It is a very well explored economic concept, so you can look it up on the Internet, in case you want to know more. 1) Interest rates for the same currency in different countries Basically, as one smart person here pointed out, there is only one price of money in free market economy. It happens, because investors can move their money unrestrictedly anywhere in the World to capitalize on the local interest rates advantage. For instance, if I can take a loan in the USA at 3-4% annual interest and receive 5-6% annual income on my dollar deposit in Russia, I would take a loan in the US and open a deposit in Russia to enjoy a risk free interest rate differential income of 2% (5-6% - 3-4% ~ 2%). So, would any reasonable person. However, in real World very few banks in Russia or anywhere would pay you an an interest rate higher than it can borrow money at. It'd probably lose money if it'd do so. Anyways, the difference between the risk free rate and interest rate on the dollar deposit can be attributed to the risk premium of this particular bank. The higher expected return, the greater risk premium. If there is a positive difference in the interest rates on the dollar deposits in different countries, it will almost entirely accounted for the risk premium. It is generally much riskier to keep money in, say Russian bank, than American. That's why investors want greater return on their dollar deposits in Russian banks than in American. Of course, if you'd want to park your USD in Russian bank you'd also have to consider transaction costs. So, as you may have already guessed, there is no free lunch. 2) Interest rates in different currencies for different countries If we are talking about the interest rates in different sovereign currencies, it is a somewhat similar concept, only there is more risk if you keep money in local currency (risk premium is much higher). Probably, the biggest component of this risk is inflation (that is only attributed to the prices in local currency). For that reason, current interest rates on deposits in Russian Rubles are at 10-12%, but only 1-3% in the US Dollars. An economic concept that discusses this phenomenon in great detail is Interest Rate Parity.  Hope this was helpful. P.S. It doesn't look quite realistic that you can get an 8% annual income for USD deposit in Russia with the interest rates in the U.S. being at 1-2%. At present moment, a 30-year mortgage annual interest rate in the US is at ~2-3% and an annual interest rates for dollar deposits in Sberbank (one of the safest Russian banks = very little risk premium) is at 1-3%. So, arbitrage is impossible."}
{"_id": "375880", "title": "", "text": "Of course there's no impetus. This is the reality of low skill jobs. That's why my original comment in this thread said that they had no chance of this strike working. Strikes only work when you have something to bargain with. It boggles my mind that people still think they can develop no skill greater than lifting heavy things and sliding products across a scanner and end up with a good paying job. This is the freaking 21st century, and these people have less skills than a loom worker in the 1800s. Of course, they don't get good pay."}
{"_id": "375909", "title": "", "text": "Reddit is in competition for webshare and webrank superiority. This is an example of capabilities being the roots of competitiveness. Reddit is doing a great job of protecting and advertising (one of) its competitive advantages - by sending strong signals that there are rules of engagement. Focusing on internal strengths is smart, and will provide a secure foundation for its long-term strategy.      tl;dr - Reddit is protecting one of its core capabilities, and also advertising that it has the highest quality websharing and webranking services."}
{"_id": "375911", "title": "", "text": "While this was financially motivated it's hard to argue against finding the minimum safe dosage of any medication; especially for medications taken by patients on lots of different prescriptions at the same time. Not often that saving money could also reasonably end up saving some lives or at least improve some quality of life."}
{"_id": "375922", "title": "", "text": "\"Here's a blog by a guy who is trying to do this: Personal Loan Portfolio And here's another one: bobharris.com Do a quick search for \"\"prosper loan\"\" or \"\"kiva\"\" on blog search.\""}
{"_id": "375929", "title": "", "text": "There may be differences in different contexts, but here's my general understanding: Rate of Return (or Return on Investment) is the total gain or loss of an investment divided by the initial investment amount.  e.g. if you buy stock for $100 and later sell it for $120 you have a 20% Rate of Return.  You would have a 20% ROR regardless of if you sell it tomorrow or in a year. Internal Rate of Return is effectively annualized.  It is the annual rate at which each of a series of cashflows is discounted that would give you a net present value of 0.  Meaning if you spent $100 today and in exactly one year you received $120 back, you would have an IRR of 20%.  If you received the $120 back in 6 months, your IRR would be roughly 40%. An IRR calculation can include multiple cashflows at various times, while ROR is (in my mind) the total net gain or loss relative to the investment (irrespective of the time of the cash flows). IRR is more effective when comparing investments that have different time horizons.  Spending $100 to get $120 tomorrow is much better (from an IRR perspective) than getting $120 two years from now, since you could take that $20 gain and invest it for the rest of the two years."}
{"_id": "375930", "title": "", "text": "Sounds to me like this restriction is limited to banks as issuers of convertible debt, which may affect their compliance with capital requirements, but is unlikely to affect the overall market for convertible debt.  Also the restriction is limited to retail investors, and I think most convertible debt offerings are not aimed at retail investors, so this restriction seems pretty limited to me."}
{"_id": "375962", "title": "", "text": "I've seen many people sign a restaurant credit card receipt and walk away.  Easy enough for the wait staff to add a tip and total.  I doubt this is a high risk area compared to others, but in general, why not take the receipt for verification, or in the case of a good that can be returned, the receipt might be needed."}
{"_id": "375965", "title": "", "text": "There is a subprime loaning bubble in the auto loan sector which is growing; while it's not in the $1 trillion range or as hidden as the real estate one was, it could cause issues down the road if it continues.  The use of derivatives or specifically, CDS, is continuing for other suspect investments.  It was used about 4 years ago to help hide Greece's sovereign default and like in 2008, it allowed the bad debt to be hidden and thrive to dangerous levels.  The use isn't widespread and limited to several firms so far, but its return as an instrument of choice so soon after the financial crisis is a little worrying that it may be a cyclical crisis."}
{"_id": "375992", "title": "", "text": "The word equity always refers to the ownership of something, whether it be a company or a home. The wikipedia article is differentiating companies by how they raised money for operations. Equity companies, by their definition are those that sold an interest in the company in exchange for capital. Debt based companies, again by their definition, are those that borrow money from investors, but instead of an ownership stake they promise to pay back the money presumably with interest."}
{"_id": "375994", "title": "", "text": "&gt;[**Moneyspeedclub. \u041d\u043e\u0432\u044b\u0439 \u043f\u0440\u043e\u0435\u043a\u0442 \u0441 \u0434\u043e\u0445\u043e\u0434\u043e\u043c \u0434\u043e 8 % \u0432 \u0441\u0443\u0442\u043a\u0438!!! \u0425\u043e\u0440\u043e\u0448\u0438\u0439 \u0441\u043f\u043e\u0441\u043e\u0431 \u043f\u0440\u0438\u0443\u043c\u043d\u043e\u0436\u0438\u0442\u044c \u043a\u0430\u043f\u0438\u0442\u0430\u043b [4:32]**](http://youtu.be/ym6gnfh1Mn0)  &gt;&gt;\u041f\u0440\u0438\u0432\u0435\u0442\u0441\u0442\u0432\u0443\u044e \u0412\u0430\u0441 \u0414\u0440\u0443\u0437\u044c\u044f! \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0435\u0441\u0442\u044c \u0438\u043d\u0444\u043e\u0440\u043c\u0430\u0446\u0438\u044f \u043e \u043d\u043e\u0432\u043e\u043c \u0445\u0430\u0439\u043f \u043f\u0440\u043e\u0435\u043a\u0442\u0435  !  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^1 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "375997", "title": "", "text": "The first thing that strikes me is: Is this a time-limited offer? Because if you can expect the offer to still be valid in a few weeks, why not just wait that month (which will earn you the money) and buy the car then? The second thing you need to consider is obviously the risk that in the interim, there will be an actual emergency which would require the money that you no longer have. The third thing to consider is whether you need the car now. Do you require a car to get around and your current one is breaking down, perhaps even to the point that repairing it would cost you more than buying a new car and it is currently not safe to drive? If so, compare the cost of repairing to the cost of buying; if the difference is small, and the new car would be more likely to be reliable than the old car after spending the money, then it can make sense to buy a new car and perhaps sell the old one in its current condition to someone who likes to tinker. (Even if you only recover a few hundreds of dollars, that's still money that perhaps you wouldn't otherwise have.) The fourth thing I would consider, especially given the time frame involved, is: Can you get a loan to buy the new car? Even if the interest rate is high, one month's worth of interest expense won't set you back very far, and it will keep the money in your emergency fund for if there is an actual emergency in the weeks ahead. Doing so might be a better choice than to take the money out of the emergency fund, if you have the opportunity; save the emergency fund for when that opportunity does not exist. And of course, without knowing how much you earn, take care to not end up with a car that is no more reliable than what you have now. Without knowing how much you earn and what the car you have in mind would cost, it's hard to say anything for certain, but if the car you have in mind costs less than a month's worth of net pay for you, consider whether it's likely to be reliable. Maybe you are making an absolutely stellar pay and the car will be perfectly fine; but there's that risk. Running the car by a mechanic to have it briefly checked out before buying it may be a wise move, just to make sure that you don't end up with a large car repair expense in a few months when the transmission gives up, for example."}
{"_id": "376016", "title": "", "text": "If you have the money to pay cash for the car. Then 0 months will save you the most money. There are of course several caveats. The money for the car has to be in a relatively liquid form. Selling stocks which would trigger taxes may make the pay cash option non-optimal. Paying cash for the car shouldn't leave you car rich but cash poor. Taking all your savings to pay cash would not be a good idea. Note: paying cash doesn't involve taking a wheelbarrow full of bills to the dealer; You can use a a check. If cash is not an option then the longest time period balanced by the rates available is best. If the bank says x percent for 12-23 months, y percent for 24-47 months, Z percent for 48 to... It may be best to take the 47 month loan, because it keeps the middle rate for a long time. You want to lock in the lowest rate you can, for the longest period they allow. The longer period keeps the required minimum monthly payment as low as possible. The lower rate saves you on interest. Remember you generally can pay the loan off sooner by making extra or larger payments. Leasing. Never lease unless you are writing off the monthly lease payment as a business expense. If the choice is monthly lease payments or depreciation for tax purposes the lease can make the most sense. If business taxes aren't involved then leasing only means that you have a complex deal where you finance the most expensive part of the ownership period, you have to watch the mileage for several years, and you may have to pay a large amount at the end of the period for damages and excess miles. Plus many times you don't end up with the car at the end of the lease.  In the United States one way to get a good deal if you have to get a loan: take the rebate from the dealer; and the loan from a bank/credit Union. The interest rate at banking institution is a better range of rates and length. Plus you get the dealer cash. Many times the dealer will only give you the 0% interest rate if you pay in 12 months and skip the rebate; where the interest paid to the bank will be less than the rebate."}
{"_id": "376027", "title": "", "text": "\"Thanks for proving my point.   I was comparing 2 impaired drivers and the first thing that comes up is a defensive \"\"Well, he could have smoked anytime in the past 6 weeks so he was probably just a bad driver!\"\"  Now, I'm all for legalizing marijuana but not if people don't accept the fact that it is a drug and you should not be driving after smoking.  Too many people refuse to accept that fact and it results in people dying.\""}
{"_id": "376035", "title": "", "text": "A lot of jobs, if not most, just don't require any meaningful education or training.  They just need somebody to show up and do something that takes 15 minutes to learn.  Anywhere from picking fruit, retail, or feeding a machine.  What do you do with those jobs?  Just because a person is educated or trained, doesn't mean those jobs don't need to be performed or will magically pay more."}
{"_id": "376036", "title": "", "text": "Well you you purchased the shares at a weighted average price of $1.94 per share (350k at $2.00 and 50k at $1.50). The shares are now trading at $1.50 assuming the market hasn't changed since you last purchased stock. So you're down $0.44/ share from the stock but you have received ~$0.16/ share in dividends. You are down $0.28/ share which means on paper you have lost $64k on your $775k investment (down ~8.2% of total investment). So I'd say the investment is not performing well no. If a stock pays a dividend it usually should not dip 25% unless something is up with the business. I can not think of any example where an investment can be said to be performing well while at the same time the stock price decreases unless you are shorting the stock."}
{"_id": "376057", "title": "", "text": "I don't think you'll find any sane person to agree with you here. That's one thing that should stay in the past,  nothing we use today and would be nearly as secure. Unless you want someone hacking into something we start a world war on accident..."}
{"_id": "376058", "title": "", "text": "It makes sense to me. Amazon will now have a much better supply chain for grocery products. It's been trying to get into the business for a few years now, and this is a huge step in making that entry sustainable and more profitable. I think a big reason for this buy was whole foods strong reputation and weak finances. 13B is a huge number, but a solid investment for Amazon that I can think will pay off in the long run."}
{"_id": "376071", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cnbc.com/2017/07/20/amazons-latest-assault-wipes-out-13-billion-off-home-depot-others.html) reduced by 86%. (I'm a bot) ***** &gt; The early read from some analysts was that the selloff has created a buying opportunity for home improvement retailers, Home Depot and Lowe&amp;#039;s, which have proven themselves to be somewhat &amp;#039;Amazon-proof&amp;#039; and among the best performers in the sector.  &gt; Over the years, Home Depot and Lowe&amp;#039;s, which sell an array of building and home improvement products, have taken a great deal of share from Sears, and its Kenmore brands.  &gt; &amp;quot;Home Depot sells 50,000 products. There are likely products that sell online better than others. But Home Depot stores are known for great service. They have good in stock, they have powerful private brand label brands.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6oteug/amazon_partners_with_sears_the_beginning_of_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172846 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Home**^#1 **Depot**^#2 **appliance**^#3 **Amazon**^#4 **percent**^#5\""}
{"_id": "376084", "title": "", "text": "I am going through this right now.  We recently moved and learned the lesson of needing a good bit of wealth in easily accessible accounts.  In our case for a down payment on a new house.  So we have decided to increase our emergency fund to $50,000.00 minimum.  Then throwing the rest in retirement accounts seems like a safe bet. So my rule of thumb is think of how much a 20% down payment would be on a new house if you needed to move.  That way you can avoid pmi while also avoiding penalties for withdrawing from your retirement accounts."}
{"_id": "376103", "title": "", "text": "In any business keeping your customers happy is one thing, turining them into advocates for you is another. On the other side of this I knew a person who happened to be the owner and CEO of a multimillion dollar business he built from the ground up. He was incredibly loyal every firm he did business with and expected to be treated with respect. As it turns out he also enjoyed working in his garden on weekends. One Saturday, while working in his garden, he realized he needed to do some banking before the bank closed. He quickly runs out to the bank to do his business and is denied service despite having all the proper ID because of the way he looked (dirty from gardening). That following Monday he went in (In his suit this time) and transferred every penny of his business and personal holdings amounting to 10s of Millions to a different firm. Treat cuastomers well and they will generate business for you, treat people poorly and you will lose customers. Lose enough and you are no longer in business."}
{"_id": "376117", "title": "", "text": "The issue with ownership for digital media is highly contested, and definitively more complicated then the author of this rather underwhelming article suggests. Plus: She seems to assume that US copyright and consumer protection law is universal and pllaies in Norway as well. I have no idea about the legal situation there, but I would be very surprised if it is much different from the EU situation. Just a couple of weeks ago the European Court of Justice said that private customers do have property rights over digital media, not matter what the EULA says."}
{"_id": "376123", "title": "", "text": "\"I'm in the \"\"big mortgage\"\" camp. Or, to put this another way - what would you be happier to have in 15 years? A house that is worth $300,000, or $50,000 of equity in a house and $225,000 in the bank? I would much rather have the latter; it gives me so many more options.  (the numbers are rough; you can figure it out yourself based on the current interest rate you can get on investments vs the cost of mortgage interest (which may be less if you can deduct the mortgage interest)).\""}
{"_id": "376126", "title": "", "text": "The vast majority of retail Forex brokers are market makers, rather than ECNs. With that said, the one that fits your description mostly closely is Interactive Brokers, is US-based, and well-respected. They have a good amount of exoitcs available.  Many ECNs don't carry these because of the mere fact that they make money on transactions, versus market makers who make money on transactions and even more on your losses. So, if the business model is to make money only on transactions, and they are as rarely traded as exotics are, there's no money to be made."}
{"_id": "376129", "title": "", "text": "China is getting increasingly more expensive for consumer products sourcing due to rising labor and other costs. Our China business is still significant (over half of our global buy) but is shrinking as business moves to South and South East Asia. This trend is only going to continue as more countries like Myanmar become more competitive."}
{"_id": "376136", "title": "", "text": "In the case of regulated, exchange-traded options, the writer of an options contract is obliged to maintain a margin with their broker, and the broker is obliged to maintain a margin with the clearing house.  (Institutional writers of options will deal directly with the clearing house.) In the event that the writer is unable to make a daily margin call, the broker (or clearing house) may automatically close out (all of) their positions using existing margin held.  If there was a shortfall, the broker (or clearing house) would be left to persue the client (writer) to make good on their obligations. None of this effects the position of the original buyer of the options contract.  Effectively, the buyer's counterparty is their broker's clearing house account."}
{"_id": "376145", "title": "", "text": "The middle class in Europe is much poorer than statistics would reveal. Why? Because despite higher marginal income tax rates, taxation in Western Europe is highly regressive. Low and middle class Europeans have to pay a lot more for energy &amp; consumer goods than Americans. Quite frankly, that's what matters to most people in life. Stuff. Big cars, big houses, a closet overflowing with clothes, the latest gadgets, etc. Even poor Americans have all that. Most Europeans don't."}
{"_id": "376146", "title": "", "text": "As the CEO of a company larger than most but certainly much smaller than his, I'd like to say this kind of hyperbolic bullshit is a fine example of what is wrong with discourse in this country. If you get any tax increAse at all you might as well shut down your company? My ass.   Now let me be clear - I don't want to pay more taxes, and I don't mean to imply anything of the sort. But grown ass, privileged men pretending to be oppressed and acting like spoiled eight year old brats does nothing constructive. This kind of bullshit shuts down reasonable debate about the way things should be.  Here's the real scoop - I would hire more people and buy more inventory and put more into capital investment if I paid less taxes, but I would also bring home more money in my pocket as well.  As Americans, we have some huge financial problems, in both the public and private sectors. There are multiple potential solutions, with differing ideas being held by smart people on all sides. We should be attempting to appreciate and learn from one another to reach solutions like responsible goddam adults, not pulling douchey stunts like this to see who can get the most media attention. Secondarily, the media should be ashamed of peddling this nonsense at the expense of society.  Tl;dr - fuck this guy and the media he rode in on"}
{"_id": "376148", "title": "", "text": "Bond aren't necessarily any safer than the stock market.  Ultimately, there is no such thing as a low risk mutual fund. You want something that will allow you get at your money relatively quickly. In other words, CDs (since you you can pick a definite time period for your money to be tied up), money market account or just a plain old savings account. Basically, you want to match inflation and have easy access to the money.  Any other returns on top of that are gravy, but don't fret too much about it. See also: Where can I park my rainy-day / emergency fund? Savings accounts don\u2019t generate much interest. Where should I park my rainy-day / emergency fund?"}
{"_id": "376162", "title": "", "text": "They can sell a lower price call if they expect the stock to plummet in the near term but they are bullish on the longer term. What they are looking to do is collect the call premium and hope it expires worthless.  And then again 'hope' that the stock will ultimately turn around. So yes, a lot of hoping.  But can you explain what you mean by 'my brokerage gives premiums for prices lower than the current price'? Do you mean you pay less in commissions for ITM calls?"}
{"_id": "376170", "title": "", "text": "The niche they were going for was a family-friendly sports bar but no one wants to spend 2-3 hours in a bar with their kids or watch 1/3 of a game. What's more if I want to watch a game with my friends away from home it means other people's kids are going to be running around. It was also meant to be an alternative to Hooters but the family angle means you can't do the trashy eye-candy thing. The food isn't great and it's not cheap either so their business model is off and the food is only marginal.    The question isn't why millennials aren't going, it's why that many other people are."}
{"_id": "376179", "title": "", "text": "Coolness - It's not only a matter of staying calm when being up or down. You must keep yourself from chasing a stock that appears to be running away. Or from betting all your money that something(like say a crash) will happen tomorrow because that would be great for you. Use your head not your heart. Empathy - You need to understand what other speculators, investors, institutions and algorithms are going to do when there is a new development or technical signal. And why. For publicly traded corporations, fundamentals and technical indicators only have the value that people(and their algorithms) choose to assign to them at that particular moment. And every stock has a different population trading it. There is no rule of thumb. Patience - To trade successfully, you must avoid trading at all costs. Heh. If you can't find any good trade to do, don't open positions in order to meet your targets, buy a new smartphone, or to fight boredom. Diligence - If your strategy relies on tight stops, don't make exceptions. If your strategy relies on position sizing, don't close when you are a few points down. Luck - In the end almost every trade can turn against you very badly. You must prepare for the worst and hope for the best. You can't buy luck, or get luckier, but you can attempt to stack probabilities: diversify, buy options to insure your positions, reduce holding time, avoid known volatility events, etc."}
{"_id": "376190", "title": "", "text": "You are very right.  I just had to get a cheap and transparent political jab in there. Thank you.  I tell my republican family members that Clinton DIDN'T SCREW THINGS UP, but he actually did by relaxing borrowing standards for home purchases, which led to something very dark in my recent past, lol...."}
{"_id": "376198", "title": "", "text": "\"Dutch company Mars One says it wants to send people to the Red Planet after running them through the reality TV wringer - but appears to be ill-prepared for actual spaceflight. Mars One says it wants to start selecting astronauts in 2013 and training them on a replica of the settlement out in the desert. The company says it will launch supplies in 2016, followed by the first four astronauts in 2022. The volunteer extraterrestrial settlers would all be traveling on a one-way ticket. Several questions spring up almost immediately: how wise is it to select astronauts 10 years before a mission starts through reality show casting? Is any of this technologically feasible at this point in time? Is Mars One a hoax, a media stunt capitalizing on the fact that private spaceflights are in the headlines now thanks to SpaceX, or an overreaching pipe dream? The company lists only one engineer amongst its four-person team on its website, and trumpets the endorsements of \"\"Big Brother\"\" co-creator Paul Romer as well as Nobel Prizewinner and physicist Gerard 't Hooft - though 't Hooft's expertise lies in quantum mechanics, not astronomy.  A man claiming to be Mars One founder Bas Landsdorp appeared Friday on the popular website Redditto take questions on the project, and was quickly met with a storm of skepticism.  Reddit users knocked Landsdorp, saying Mars One has not yet put out any concrete technical explanations of how they will get to Mars and support the proposed habitats. Some pointed out that NASA has had issues with solar panels on its Mars rovers because of dust storms that erode the panels' surfaces and block the sunlight for long periods of time, making Mars One's plans to use solar panels for energy generation unsustainable for supporting human life. But the man claiming to be Landsdorp mostly steered clear of the more scientific questions and directed users to the company's website. One user going by the handle arcanosis commented: \"\"This is almost certainly a publicity stunt. Your answers are nontechnical, imprecise, absurdly optimistic, even quixotic.\"\" If Mars One turns out to be a hoax, it wouldn't be the first such stunt originating from the Netherlands in recent months.  Dutch artist Floris Kaayk hoodwinked much of the media with his \"\"Human Birdwings\"\" project in March, in which he posted YouTube videos purportedly showing a human-powered pair of mechanical wings.\""}
{"_id": "376209", "title": "", "text": "On first glance it sounds to good to be true.   From what I understand bridge loans are for people waiting on other loans. In this case I would presume a housing developer would take this loan if something were to go wrong and their first choice of funding went wrong. Not anything wrong with that in and of itself but the coupon is way, way too big not to draw attention.   Examine the financial statements of the credit institutions and the companies they're giving credit to would be the only solution.   The terms of the bond should be dictated by all information available, therefore if the return is this lucrative then there must be a large degree of risk associated with it."}
{"_id": "376221", "title": "", "text": "&gt; Owning an expensive home  Why do people seem to think owning a home is expensive?  Not everyone that owns a home is rich, or has an expensive home.  Home ownership has many more benefits to renting, and the government should absolutely encourage it. It encourages people to take ownership in a community and brings down housing costs for everyone.  People don't only rent apartments in high rises, you understand that, right? People rent two flats, houses, cabins, mansions, condos.  Your view and knowledge of this is narrow at best."}
{"_id": "376236", "title": "", "text": "Pitfalls of paying plastic That being said, you can also find cards that have better than the 1% it looks like you are getting. I have a card that gives 2% cash back on Gas Stations, Utilities (including stuff like AT&T) and Food Stores (Walmart included).  There are also limited time deals from cards - my fiance's discover has 5% cash back Oct/Nov/Dec on Online purchases. Make sure to remain diligent, keep your balances low and don't get hit with interest rates or fees (I had HORRIBLE credit and I refused to get a card with an annual fee). Why pay full price with cash, when you can get 2-5% cash back?"}
{"_id": "376244", "title": "", "text": "&gt;It's called lacking empathy and compassion.  Or people like to keep their hard earned money. Don't paint somebody as greedy for trying to keep what they have earned.   &gt;Until you've walked a mile in another person's shoes, it's hard to know what they've gone through and what they battle.  Everybody faces their own challenges in life, successful people don't let them become excuses."}
{"_id": "376246", "title": "", "text": "\"You should be able to pay back whenever; what's the point of an arbitrary timeline? Cash flow is the life blood of any business.  When banks loan money, they are expecting a steady cash flow back. If you just pay back \"\"whenever\"\" - the bank has no idea what they'll be getting back month-to-month.  When they can set the terms of the loan (length, rate, payment amount), they know how much cash flow they expect to get.  What does [the term of the loan] even mean and what difference in the world does it make? In addition to the predictable cash flow needs above, setting a term for the loan determines how long their money will be tied up in the loan. The longer a bank has money tied up in a loan, the more risk there is that the borrower will default, so the bank will require a greater return (interest rate) for that extra risk. What you have described is effectively a revolving line of credit.  The bank let you borrow money arbitrarily, charges you a certain rate of interest, and you can pay them back at your schedule.  If you pay all of the interest for that month, everything else goes to principal. If you don't pay all of the interest, that interest is added to the balance and gets interest compounded on top of it.  Both are perfectly viable business models, and bank employ them both, but they meed different needs for the bank.  Fixed-term loans help stabilize cash flow, and lines of credit provide convenience for customers.\""}
{"_id": "376250", "title": "", "text": "Oh, I see where the confusion is from. Amazon controls 41% of new book sales, and 41% of all book sales (including used books) are from online retailers. Those two being so similar was throwing me off.  I was meaning to reference all *new* book sales, since the dispute between hachette and Amazon has very little to do with used books as far as I'm aware. Both I and the article I referenced could have made that distinction more clear.  Again, regardless, Amazon is a big enough of a player in the market that they should not be messing with the price, availability, and visibility of a publisher's print books as negotiating tactic in ebook prices. The financial impact on Hachette doesn't seem to be as big as I initially thought, but any lost revenue in Hachette's print book sales as a result of Amazon's actions to convince them to accept their ebook terms seems unethical."}
{"_id": "376258", "title": "", "text": "Our Website : http://www.inglewoodarena.com/ The Forum loves children, but asks that you check the age minimum on the event you are attending prior to buying tickets. If children are allowed, those under two attend for free but must remain on a ticket-holders lap. Any strollers must be collapsible and stored beneath seat. Service Pets are happily accepted but must remain in the seating area with their human, harnessed or leashed. The Forum Inglewood strongly encourages Animal Access card photo IDs."}
{"_id": "376268", "title": "", "text": "The banks and the Fed inflated the housing bubble. There was too much money floating around and it went into housing and loans for housing. The banks are highly responsible for this crisis because the failed to investigation into who was receiving the loans (due diligence). In turn, many of these same banks sold these crap and uninvestigated loans as CDOs and the like (made triple A by the ratings agencies, paid by the banks) to other investors, bringing in more cash that was quickly loaned out to keep the whole process going. All the while they were filing and registering these mortgage records with MERS to avoid paying various jurisdictions the fees and taxes owed (this is many 10s of billions of dollars). The easy money created artificial and inflated demand and completely distorted the housing market.   Other than those large points, the banks are utterly blameless."}
{"_id": "376286", "title": "", "text": "I'd recommend getting online quotes from several insurance companies.  During the process of getting a quote, you will be asked for the year/make/model of your car.  You can put in one of  the cars you were thinking about buying and get a quote.  Then start over and try with a different type of car.  This should show you how the insurance will compare between different cars.   I've done this in the past when I was trying to make a decision on a car purchase.  It takes a while, but seemed worth it to me."}
{"_id": "376291", "title": "", "text": "This comment is actually total nonsense. Accretive deals is not a type of deal, it refers only to the deals impact on earnings.   And to say that Danaher is not focused on operations is also incorrect. Their Danaher Business System is second to none at improving operations at the companies they buy."}
{"_id": "376310", "title": "", "text": "The cupcake bubble is exacerbated when fueled by money expansion and easy credit: there's always credit available for the next person to borrow money to buy a more expensive cupcake.  Also, during the cupcake boom, it's clear the wealth was not real.  The economy was not healthy, it was experiencing an unsustainable boom, fueled by malinvestment and speculation into cupcakes."}
{"_id": "376314", "title": "", "text": "Vesting typically stops after you quit.   So, if your plan vests 20% per year for 5 years, and you received a one-time stock grant as part of this plan (i.e., ignoring the fact that these often involve new grants each year that vest separately), and you were hired in 2014 and leave at the end of 2016, then you vested 20% in 2015 and 20% in 2016, so would have 40% of the stock vested when you quit, and would never have more than that."}
{"_id": "376334", "title": "", "text": "In regards to the federal government, there was a hiring freeze until May. Government agencies are in the 4th quarter and are busy spending money, don't expect to hear from them until October.  Budget analyst jobs at a GS 5/7/9 until you get your feet wet. You won't qualify for anything higher.  Defense sector? AECOM, L3, Lockheed, TSAY-Fergurson, Boeing, Gulfstream. You want to be marketable to them, get your PMP (Project Management Professional)."}
{"_id": "376351", "title": "", "text": "I disagree. It ruined Kevin Smith, most recent stoner comedies are lazy and forgettable, and my stoner classmates from high school are pretty much all stuck in dead-end jobs or out of work entirely.   The only successful people I know who smoke pot are the ones who started when they were adults, after they finished their degrees and had years of employment."}
{"_id": "376353", "title": "", "text": "One possibility is to ask RBC to lend you some money (or more specifically, to lend you some more money): an overdraft, a personal loan, or whatever. To discuss this you should to talk to your personal banker (not a teller), probably by appointment: to explain why you want it, and how and when you expect repay it. You might (I don't know) say that you want the loan (or some of the loan) to pay off the Visa, and/or for the travel. If you've only just arrived in Canada, however, then I don't see why they should want to lend it to you (i.e. why they should think you're a good credit risk). Is there anyone else (e.g. an immigration sponsor or parent or employer) who might co-sign (a.k.a. guarantee) the loan? I have never had this issue before with any other credit cards but I got an RBC Visa in Canada In some countries (not Canada) a Visa behaves more like a debit card, i.e. you can only spend money you have in the account."}
{"_id": "376392", "title": "", "text": "http://www.irs.gov/publications/p936/ar02.html#en_US_2010_publink1000229891 If you still own it, you get to deduct all of it. In my taxes I did online with TaxAct, it asked if I lived there or not and it just mattered which form it filed for me.  With having tenants it was a 'business' form and I assume it would be a standard schedule A for personal.  Either way the deductions are still mine to take."}
{"_id": "376396", "title": "", "text": "I dont know if this data is available for the 1980s, but this response to an old question of mine discusses how you can pull stock related information from google or yahoo finance over a certain period of time. You could do this in excel or google spreadsheet and see if you could get the data you're looking for.  Quote from old post: Google Docs spreadsheets have a   function for filling in stock and fund   prices. You can use that data to graph (fund1   / fund2) over some time period."}
{"_id": "376399", "title": "", "text": "He can buy at 69.95 or 69.70 or whatever because he already has all the shares. The HFT bought at a cheaper price earlier. The HFT has all the shares. Now he's testing the guy who won't go above 70.00 with small orders. When he sees that this guy is willing to buy 10 at 70.00 the HFT makes a limit order of all the shares in the market at 70.00 when he got them all already at 69.95.  Whatever doesn't get bought up goes back into the market at the price the HFT originally bought at. The HFT was in line ahead of the guy who won't go above 70.00 as soon as he saw him buying. Like at the horse race, remember?"}
{"_id": "376403", "title": "", "text": "A lender will look at three things when giving a loan: Income. Do you make enough money each month to afford the payments. They will subtract from your income any other loans, credit card debt, student loan debt, mortgage. They will also figure in your housing costs. Your Collateral. For a mortgage the collateral is the house, for a car loan it is the car. They will only give you a loan to a specific percentage of the value of the collateral. Your money in the bank isn't collateral, but it can serve as a down payment on the loan.  Your Credit score. This is a measure of how well you handle credit. The longer the history the better. Using credit wisely is better than not using the credit you have.  If you don't have a credit card, get one. Start with your current bank. You have a history with them. If they won't help you join a credit union. Another source of car loans is the auto dealer. Though their rates can be high. Make sure that the purchase price doesn't require a monthly payment too high for your income. Good rules of thumb for monthly payments are 25% for housing and 10% for all other loans combined. Even a person with perfect credit can't get a loan for more than the bank thinks they can afford. Note: Don't drain all your savings, you will need it to pay for the unexpected expenses in life. You might think you have enough cash to pay off the student loan or to make a big down payment, but you don't want to stretch yourself too thin."}
{"_id": "376411", "title": "", "text": "Because growth and earnings are going down exponentially for this company? It will eventually go up (like 3 years+), but if you want to feel more pain first, go ahead. Look at the macroeconomic picture before you praise all mighty of an individual company"}
{"_id": "376419", "title": "", "text": "Even better, the company he owns filed for bankruptcy.  He gets to keep all of the cash, the company folds, and he'll just start up a different company with all the money and none of the obligations.  That's exactly what his book says he'll do.  Why is anyone surprised that he does this?"}
{"_id": "376420", "title": "", "text": "&gt; People who wanted a high-end Vegas experience could simply afford to go to Vegas, while at the same time, Revel alienated the lower end customer base by banning smoking and not offering any inexpensive buffet style dining  Ouch. That sounds like a pretty hard fall for them."}
{"_id": "376430", "title": "", "text": "I imagine we disagree on the following, but digging something from the ground or destroying mountain tops to obtain a product that destroys the health of its extractors, puts mercury in rivers, adds to climate change, and causes acid rain is not worth a few towns.    Of course I don't live in those towns...  I would say they should be re-trained to install solar panels, but they will still have to move out of their small dying towns.   Coal is going to die either way.  The cost benifits compared to renewables just aren't there anymore.  That is why that sector is already so small."}
{"_id": "376433", "title": "", "text": "\"As I understand it, the cost of the cruise just about pays for your room, plus reasonable food. It doesn't always pay for the room service, even, which is why tipping is encouraged. The line makes money on the EXTRAS. The largest of these are the land tours that take place on an almost daily basis. Also, they manufacture and sell a \"\"cruise video,\"\" as well as souvenirs. They also have special events on board such as art auctions, where \"\"concessionaires pay the ship to let them try to make money on it.\""}
{"_id": "376439", "title": "", "text": "I agree we should be efficient with the food we produce, especially meats, but I don't like using food production efficiency overall as an encompassing statistic.   It comes with all sorts of problems largely due to artificial fertilizer productions, extremely demanding GMO plants, and of course overall pesticides.  Pushing for extreme yields out of fields using artificial fertilizer can result in disastrous circumstances down the road. Over utilization of a field gives better returns now but we can't do that indefinitely and depletes the top soil of many micronutrients and healthy bacteria. Over time yields will decrease and, if it ever gets taken that far, you end it with more dustbowl problems. Even if you stop before it gets that bad you then have to suffer years of less than average yield to build the topsoil back up to health just so you can get average yield again. And then there is the problem of how artificial fertilizer is made, which while currently necessary to produce enough food (currently 50% of the world's food is produced directly due due to use of artificial fertilizer), it utilizes fossil fuels both as reagents and to burn for power to fuel the process of turning fossil fuels into fertilizer.  If we really want to be sustainable we should be utilizing more farm land to make up for reduced yields from avoiding as much artificial fertilizer as we can."}
{"_id": "376446", "title": "", "text": "Yeah.  Screw that old lady.  She should have known all the ins and outs of legal process.  It's totally her fault that one of the US's ten million douche bag lawyers fucked her in the ass with a rusty metal bat."}
{"_id": "376456", "title": "", "text": "Positive or negative in what sense?  http://climate.nasa.gov/scientific-consensus/ https://en.wikipedia.org/wiki/Scientific_opinion_on_climate_change  The overwhelming opinion is that humans are the largest source of climate change currently.  To answer your question about what global warming means: https://en.wikipedia.org/wiki/Effects_of_global_warming  The data is out there, try to not get clouded: https://en.wikipedia.org/wiki/Climate_change_denial"}
{"_id": "376462", "title": "", "text": "I'm not suggesting the constitution is perfect, I'm saying a democracy without a constitution would be a risky thing.  This has been noted since Aristotle's Politics.  To put it simply, what if the majority in America today, decided to round up Muslim Americans in concentration camps?   The only thing protecting them is the constitutional right of due process. It's not perfect in practice, but imagine if it didn't exist at all.   Guantanamo Bay and the Japanese camps during WW2 were both failures of this protection, but it's the constitution that gives civil rights advocates a leg to stand on in opposing such practices. If not for that, there would be no recourse for a persecuted minority."}
{"_id": "376463", "title": "", "text": "There are thousands of dealers in the real estate market which claims to provide you the best homes at lowest price but before investing such a huge amount in property, one should take decision wisely. As investing in your home is a life time investment and it must be cost effective."}
{"_id": "376467", "title": "", "text": "Company X located outside a military base offer discounts to military as a form of marketing. They want to encourage a group of potential customers to use their store/service. In some cases they are competing with subsidized store on the base. In other cases their only competition is other stores outside the base. The smart ones also understand the pay structure of military pay to make it easier for enlisted to stretch their money for the entire month. The government doesn't offer compensation to the business near bases. The businesses see their offer and discount as advertising expenses, and are figured into the prices they have to charge all customers. You will also see these types of discounts offered by some businesses in college towns. They are competing with the services on the campus and with other off-campus businesses. Some also allow the use of campus dollars to make it easier for the student to spend money."}
{"_id": "376470", "title": "", "text": "Coworking spaces offer much more reasonable rates, with dedicated desk space usually going for a couple hundred dollars a month. In addition, that fee usually includes access to things like printers and copiers at no extra charge, and other office fixtures are included in the price."}
{"_id": "376485", "title": "", "text": "\"Congratulations on deciding to save money and choosing to invest it. One thing to know about mutual funds including index funds is that they typically require a minimum investment of a few thousand dollars, $3000 being a typical amount, unless the investment is in an IRA in which case $1000 might be a minimum. In some cases, automated monthly investments of $50 or $100 might need to be set up if you are beginning with a small balance. There is nothing wrong with your approach. You now should go and look at the various requirements for specific index funds. The Fidelity and Vanguard families are good choices and both offer very low-cost index funds to choose from, but different funds can have different requirements regarding minimum investments etc. You also have a choice of which index you want to follow, the S&P 500 Index, MidCap Indexes, Small-Cap Indexes, Total Stock Market Indexes etc., but your choice might be limited  until you have more money to invest because of minimum investment rules etc.   Most important, after you have made your choice, I urge you to not look every day, or even every month, to see how your investment is doing. You will save yourself a lot of anxiety and will save yourself from making wrong decisions.  Far too many investors ignore the maxim \"\"Buy Low, Sell High\"\" and pull money out of what should be long-term investments at the first flicker of a downturn and end up buying high and selling low. Finally, the time is approaching when most stock funds will be declaring dividends and capital gains distributions. If you invest now, you may end up with a paper profit on which you will have to pay taxes (in  non-tax-advantaged accounts) on your 2012 tax return (this is called \"\"buying a dividend\"\"), and so you might want to spend some time investigating now, but actually make the investment in late December after your chosen fund has made its distributions (the date for this will be on the fund's web site) or in early 2013.\""}
{"_id": "376498", "title": "", "text": "The answer is no.  Online trading is not premature, and hasn't been for a long time. The presence of online complaints has no bearing on the maturity of this means of trading. I'm sure you can find negative reviews of banks, brokers, grocery stories, online retailers, car manufacturers etc. but no one in their right might would consider those industries premature. Sorry, I think your avoidance based on some online reviews sounds a little paranoid. What exactly are you afraid of? Maybe I could provide a more precise answer if we knew your exact concerns."}
{"_id": "376499", "title": "", "text": "The two banks involved may have different policies about honoring the check. It might not be written on the check.  Your bank may decide that the stale check has to be treated differently and will withhold funds for a longer period of time before giving you access to the money. They will give time for the first bank to refuse to honor the check. They may be concerned about insufficient funds, the age of the check, and the fact that the original account could have been closed. If you are concerned about the age of the check. You could go to your bank in person, instead of using deposit by ATM, scanner, or smart phone. This allows you to talk to a knowledgeable person. And if they are going to treat the check differently or reject the check, they can let you know right away. The audit may not have been concerned about the fact that the check hadn't been cashed because when they did the audit the check was still considered fresh. Some companies will contact you eventually to reissue the check so you they can get the liability off their books.  If the bank does refuse the check contact the company to see how you can get a replacement check issued. They may want proof the check can't be cashed so they don't have to worry about paying you twice."}
{"_id": "376501", "title": "", "text": "This makes me sad.  I'm extremely happy with my OG EVO 4G &amp; I actually like Sense.  I've not owned a Samsung device, but I can't say I'm happy w/some of there track record, nor do I like TouchWiz at all.  And Motorola, wow, I don't think I will ever purchase another Moto device after the short lifespan of my old Razr and the crime against humanity that is the software on my work provided Droid4."}
{"_id": "376518", "title": "", "text": "\"You are right, if by \"\"a lot of time\"\" you mean a lot of occasions lasting a few milliseconds each. This is one of the oldest arbitrages in the book, and there's plenty of people constantly on the lookout for such situations, hence they are rare and don't last very long. Most of the time the relationship is satisfied to within the accuracy set by the bid-ask spread. What you write as an equality should actually be a set of inequalities.  Continuing with your example, suppose 1 GBP ~ 2 USD, where the market price to buy GBP (the offer) is $2.01 and to sell GBP (the bid) is $1.99.  Suppose further that 1 USD ~ 2 EUR, and the market price to buy USD is EUR2.01 and to sell USD is EUR1.99.  Then converting your GBP to EUR in this way requires selling for USD (receive $1.99), then sell the USD for EUR (receive EUR3.9601).  Going the other way, converting EUR to GBP, it will cost you EUR4.0401 to buy 1 GBP.  Hence, so long as the posted prices for direct conversion are within these bounds, there is no arbitrage.\""}
{"_id": "376566", "title": "", "text": "I feel like I get a better quality muffin and meat when I make them at home, but to each his own. Then there's the cheese... Can't tell if it's amazing or awful, but it sure is different than any other American cheese I have had."}
{"_id": "376575", "title": "", "text": "OP wants to do something very honourable, applause for that. Being a Greek I have insider knowledge about the impact of various organisations. Fact is, for people from abroad what is the most highly recommended action would be to support organisations of an international network (red cross, doctors w/out borders etc), because the health system is suffering seriously nowadays -or access to it-, and providing redundancy in that respect can certainly make a difference, via global health efforts. The next best thing you can do, to yourself and others, is basically to take a vacation in Greece and visit both a big city (here's where the problems will be visible) and an island (here's where you'll realise that you are in a place of stunning natural beauty). By taking this action you achieve two things: you put the economy in motion - a small vote, yet it counts - and you actually are a first-person observer. Enough is enough with victimisation via the news coming from inside or outside Greece! People need get the whole respective."}
{"_id": "376579", "title": "", "text": "Such loans are of course possible. They exist because the lender gains something other than interest from them: What would happen to the economy if these were common? These are common, common as anything. In fact where it's not banks lending the money, these are the default. So, nothing would happen to the economy, this is one of the ways the economy works all over the world. If you're more interested in a loan from a bank or other financial institution, made to you for whatever purpose you want - here's $10,000, have fun, give it back ten years from now - ask yourself what the bank would get from that? Perhaps they could do it as a perk when you do something else with them like get a mortgage or keep $1000 in your chequing account all the time. But in the absence of any other relationship, what would be their reason for taking on the overhead and paperwork of approving you for a loan and keeping track of whether you're paying it back or not, for no return, whether financial or intangible? No return? It doesn't happen."}
{"_id": "376581", "title": "", "text": "\"Ok, then I was not clear enough.  I will preface my explanation with some ethos sounding pathos: I don't know much about cars in general, and less so about SAABs. I was interested in following the thread and what you wrote, but there was a contradiction so I couldn't.  I listed the contradicting terms - including the possibility that the error was in my understanding of them (\"\"Or am I missing something - am I wrong?\"\"), and I addressed you since you through your husband has expertise in the matter and you are willing to share it here (thanks for that).  Simply put, the premises were:  From you: **Your car is well maintained.**  Assumed by me: Your (spouse's) expertise means that **you won't buy a car that is known to fail despite maintenance.**  **You bought a SAAB.**  So it should follow that *you own a well maintained, non-failing SAAB.*  But you also state: **Your SAAB is failing.**  (I'm a bit insulted to be called a prick for asking about that. Regardless, if you can be more specific I can perhaps offer help on how to maintain electrical systems. I have a vaguely related degree and work/life experience, however it depends very much on the type of system, its circumstances and your circumstances. Unless you were \"\"trolling\"\".)  The solution to the contradiction seems to be as given by redditor CC440, that I was wrong in my assumed premise, that you would and did buy a car known to fail.  However, CC440 insinuated that your husband is an idiot, I did the opposite. It's the opposite of idiotic to take a good deal. (Apologies for before-the-fact labelling \"\"$1500 with heated leather seats\"\" as \"\"cheap funkiness\"\", it was unintentional, and I don't know if it is offensive.)\""}
{"_id": "376593", "title": "", "text": "The chain just contains hashes, you seem to be over complicating it.  Your lack of understanding is why people will pursue this idea.  In the end they will likely peg their chain to the mega chain anyway, as it's the only immutable decentralized single source of truth."}
{"_id": "376598", "title": "", "text": "\"that's one way to look at it.  The point is that the \"\"wealth gap\"\" is a LOT less interesting to me than the \"\"income gap\"\".  https://www.glassdoor.com/research/ceo-pay-ratio/  I've got all kinds of respect for people who save their pennies, make wise investments, and derive benefit from those actions.  I've got MUCH less respect for a guy/gal who HONESTLY thinks they deserve to make ~$78k / hr.\""}
{"_id": "376613", "title": "", "text": "&gt; The Postal Service's current woes are also due at least in part to Capitol Hill's meddling. In 2006, Congress passed a new law requiring the agency to pay about $5.5 billion a year into a trust fund for future retiree pensions.  I'm thinking that $5.5 billion in insane pension prefunding is the reason."}
{"_id": "376620", "title": "", "text": "\"This is overly trivialized by the word \"\"etiquette\"\". Really this is \"\"theft of time\"\". In the modern world, the incremental sum of such small thefts adds up to real fractions of our lives, and the mandate not to do it needs to be seen as more than just \"\"courtesy\"\" but absolutely essential. Strong deterrents are absolutely appropriate.\""}
{"_id": "376631", "title": "", "text": "When I worked for myself it was bad because But Ultimately I gave up my business and went to work for a school teaching, and through a series of other jobs ended up in a very stable reliable trustworthy job.  When I was younger the variable paycheck didn't outweigh the freedom.  Now that I am a dad I only think about having insurance and a secure job. The other option to consider is having a regular job, and then doing a little side work for yourself.  You get all the benefits of both (and all the detractions)"}
{"_id": "376641", "title": "", "text": "\"I'm not sure if you know much about electric motors, but there isn't much to service. There are so few moving parts, and they endure so little wear, that this will very likely be a total non-issue for Tesla. The transaxle will be the thing to possibly need extra servicing, but I'm sure there's a \"\"normal use\"\" clause in the warranty that precludes damage from overheating due to heavy loads, etc.\""}
{"_id": "376651", "title": "", "text": "Google 'Amazon workers conditions' or 'Amazon warehouse report' and have a read. Many newspapers have done undercover reports which touch upon issues like that. I could bring up the actual one but you'd be better served just reading a few.   A bit here:  https://www.google.co.uk/amp/s/amp.theguardian.com/technology/2016/dec/11/amazon-accused-of-intolerable-conditions-at-scottish-warehouse  Worse here:  https://www.google.co.uk/amp/s/amp.theguardian.com/technology/2015/aug/18/amazon-regime-making-british-staff-physically-and-mentally-ill-says-union  But this is the tip of be iceberg."}
{"_id": "376681", "title": "", "text": "\"I assume it's some kind of service that will help me make more money somehow No, wealth management is helping you keep the wealth you have, not to become more wealthy.  Insurance sales, portfolio management, estate planning, and trust formation (to avoid estate taxes) are common services associated with \"\"wealth management\"\". Wikipedia already has a pretty good definition.\""}
{"_id": "376692", "title": "", "text": "Since you said you're young, consider learning more and getting involved in financial engineering.  You need a VERY strong quant background and good knowledge of coding C++, but there is a lot of money to be had.  Check out Berkeley's program.  http://mfe.berkeley.edu/"}
{"_id": "376703", "title": "", "text": "I'm not unsympathetic, but insurance of what kind? I don't know how he'd have owned a restaurant but failed to pay into the social security system. Was he paying taxes at all?  As for the 'why,' there's not enough checks and balances to make sure that nothing is done under the table. I believe 40 quarters of work would have qualified her for a benefit of some kind, but you say she didn't pay in either. Both people didn't pay into the system, either on purpose or by not understanding the need to do so. This is a sad situation."}
{"_id": "376709", "title": "", "text": "\"anything that produces steady income will produce a \"\"real return\"\" (return above inflation) in a zero-interest rate environment: Note, however, that all of these will decline in value if interest rates rise.\""}
{"_id": "376750", "title": "", "text": "Conroe water damage  --Triton Renovation has been the authority on Conroe water damage for over a decade. With their team of experts, they have the ability to handle any renovation or repair you would need whether it be commercial or residential."}
{"_id": "376756", "title": "", "text": "The most likely explanation is, as you say, that the letter was automatically generated a day or two before you met with your advisor. Assuming that your advisor is competent, they will probably execute the instructions you gave them at the meeting. The letter said you had ten days to change the investment, and your advisor should be able to do it in that time. To be on the safe side, since people have been known to forget things, I would call your advisor and tell them you got the letter, and check they are going to do what you decided. I would then follow it with a polite email, just saying that you both decided at your meeting on such-and-such a date to go with the three month plan. If that doesn't happen you can point to the email as evidence. Don't panic about this. Even though the bank says you are 'locked in' to the decision, if an advisor makes a mistakes these decisions are in fact reversible, with the advisor paying any penalty."}
{"_id": "376758", "title": "", "text": "\"Thank you for misunderstanding:  &gt;then I shudder to think what an explanation of how the price of money can be derived from plotting IS and LM together and extending it's meeting point into the money market to determine the price of currency would do to your notion of control by powerful offices in government.  and embarking upon the very rant I knew you had in you.  I am well aware of the Federal Reserve's purpose of controlling the money supply, as is everyone else.  You are literally the last one to the party.  Your mistaken feeling of superiority is derived from a position of complete ignorance.    Your shock and outrage at the most simplistic of economic facts that have been the foundation for understanding international economics since the cold war represents a massive twisting of self education: you have wrested your way out of the dark pit of complete ignorance by reading up on how the economy works, but in a sorrowful twist you have learned this information from biased sources, perhaps the \"\"Abolish the Fed\"\" folks putting around, and instead of taking steps forward into understanding the world of finance you have flipped your lid and assume that you have somehow become Neo in The Matrix and have taken on a faux-intellectual persona in a desperate attempt to assert an identity of superiority over the masses of far more educated people around you who do not react with shock and outrage to things they already knew.  **TLDR: You are just a smug asshole who has reacted to basic facts about the economy by incorporating them into making more credible tinfoil hat conspiracy theories, and I hate people like you because you distract from legitimate criticism of the international banking system by acting shocked by what you learned in Economics 101.**\""}
{"_id": "376781", "title": "", "text": "You can defer RRSP deductions to future years. So, if you purchase $20,000 in RRSPs this year but had no income, you could use this to offset your income next year when you are making, say, $100,000. For more details, see Deferring claim of significant purchase of RRSPs Note that I strongly advise you ensure you have sufficient emergency funds prior to purchasing RRSPs."}
{"_id": "376790", "title": "", "text": "\"This seems to sum it up: \"\"But in that unusual moment of candor, Sen. Blumenthal seemed to lay bare his opinions about Internet startups\u2014he thinks of them as unimportant outliers and would prefer that the new law put them out of business.\"\"\""}
{"_id": "376791", "title": "", "text": "At any given time there's always going to be people talking about crazy highs and lows. Like all the people predicting a Trump blowout based on yard signs and stupid stuff like that. They were right, but it had nothing to do with yard signs."}
{"_id": "376797", "title": "", "text": "When you're selling something through a provider, like Craig's List or newspapers, the only thing that may limit your choices is the provider. They may refuse your post if it's against their rules or the law. But luckily they usually don't limit or enforce certain payment choices.  These private business providers have the right to do so if they want. You don't need to be their customer. They may state their terms for using the service and even refuse service (before any payment is made).  The fun part is that you may do so as well. Just remember to state your terms in your post so the prospective buyers are aware of them. I've found it best to put payment and delivery terms in separate lines so that they are easily noticeable, for example: Nice victorian handbasket with gold embroidery, only used once. Signed by the original author. Comes with a certificate of authenticity. No delivery, only cash payments."}
{"_id": "376800", "title": "", "text": "The top long-term capital gains tax rate will rise to 20% effective 1 Jan, 2011, unless Congress decides to do something about it before then. (Will they? Who knows!! There's been talk about it, but, well, it's Congress. They don't even know what they're going to do.)  Anyway. The rules about when you can sell stock are mostly concerned with when you can realize a capital loss: if you sell a stock at a loss and then re-buy it for tax purposes within 30 days, it's a wash sale and not eligible for a deduction. However, I don't believe this applies to any stocks once you realize a gain - once you've realized the gain and paid your tax for it, it's all yours, locked in at whatever rate. Your replacement stock will be subject to short-term capital gains for the next year afterwards, and you might need to be careful with identifying the holding period on different lots of your stock, but I don't believe there will be any particular trouble. Please do not rely entirely on my advice and consult also with your tax preparer or lawyer. :) And the IRS documentation: Special Addendum for Nov/Dec 2012! Spoiler alert! Congress did indeed act:   they extended the rates, but only temporarily, so now we're looking at   tax hikes starting in 2013 instead, only the new top rate++ will be something   like 23.8% on account of an extra 3.8% medicare tax on passive earnings (brought to you via Obamacare   legislation). But the year and the rates' specifics aside, same thing   still applies. And the Republican house and Democratic senate/President are still duking it out. Have fun. ++ 3.8% surtax applies to the lesser of (a) net investment income (b) income over $200,000 ($250k if married). 20% tax rate applies to people in the 15% income tax bracket for ordinary income or higher. Additional tax discounts for property held over 5 years may be available. Consult tax law and your favorite tax professional and prepare to be confused."}
{"_id": "376823", "title": "", "text": "\"Presicely. I find it sad that individuals, employees and consumers have to play by the rules of \"\"the free market\"\" when it comes to buying products or employment but a giant corporation can muscle its way in to manipulating supply and demand to their advantage when they see fit.\""}
{"_id": "376828", "title": "", "text": "&gt; Less capital tax = less pressure on the wealthy/entrepreneurs (since you keep bigger portion of your net income, the interest to bring back business should increase) = capital inflow back to the US.  IMO, this statement makes a whole lot of assumptions that are untrue.  1) The wealthy create jobs.  I believe the opposite is true.  I think if you want more companies/jobs you should offer universal healthcare so low to middle class folks can risk leaving an established company to start on their own.  2) More money to the rich means more investment in the economy. My experience shows the rich will use the money to grow their own wealth, not everyone's. I remember a recent Bloomberg article where businessmen said they would use repatriated money for buyouts, liminting competition and growing a company's hold on the market.  3) Take home money is used for investment.  It isn't. Companies do the large investments, not individuals.  Consider Amazon looking at growing their distribution channels or Apple with their iPhone evolution.  If you make it more profitable for corporate profits to go to compensation, you leave less money for investment.  4) Companies struggle in the US due to overtaxation. This is a flat out myth. Cost of taxes for business in the US is one of the lowest for rich, educated countries and that is before the tax kickbacks (a la Foxconn) or loopholes.  5) And the bigges IMO -- the US has been fed the lie that the best thing for the citizens of the country is aligned with the best things for the country's companies. The opposite is the case."}
{"_id": "376839", "title": "", "text": "\"Started to post this as a comment, but I think it's actually a legitimate answer: Running a rental property is neither speculation nor investment, but a business, just as if you were renting cars or tools or anything else. That puts it in an entirely different category. The property may gain or lose value, but you don't know which or how much until you're ready to terminate the business... so, like your own house, it really isn't a liquid asset; it's closer to being inventory. Meanwhile, like inventory, you need to \"\"restock\"\" it on a fairly regular basis by maintaining it, finding tenants, and so on. And how much it returns depends strongly on how much effort you put into it in terms of selecting the right location and product in the first place, and in how you market yourself against all the other businesses offering near-equivalent product, and how you differentiate the product, and so on.  I think approaching it from that angle -- deciding whether you really want to be a business owner or keep all your money in more abstract investments, then deciding what businesses are interesting to you and running the numbers to see what they're likely to return as income, THEN making up your mind whether real estate is the winner from that group -- is likely to produce better decisions. Among other things, it helps you remember to focus on ALL the costs of the business. When doing the math, don't forget that income from the business is taxed at income rates, not investment rates. And don't forget that you're making a bet on the future of that neighborhood as well as the future of that house; changes in demographics or housing stock or business climate could all affect what rents you can charge as well as the value of the property, and not necessarily in the same direction. It may absolutely be the right place to put some of your money. It may not. Explore all the possible outcomes before making the bet, and decide whether you're willing to do the work needed to influence which ones are more likely.\""}
{"_id": "376847", "title": "", "text": "\"Transactions cost is what kills you here. The price of determining who gets what, and then enforcing it.   For example; let's say you invested in my electrical engineering class. Then when I get out of school, I go to work. At Starbucks. Where I'm applying literally none of that knowledge or experience--and thus I signed a bad deal.  Or what if I change majors? You still have a stake on my lifetime income, but it won't be in the field you helped me into. So college-aged indecision would mean twice as much out of my take-home income for life?  Or what if I'd like to buy your percentage back from you? What would be a fair price? Would there be a market to establish it?  You should read \"\"The unincorporated man,\"\" which has a system very similar to what you're proposing.   In this futuristic story, education and subsistence investment have become astronomically expensive. So in order to send a kid through spaceship-piloting college, you're actually purchasing \"\"shares\"\" of an individual's future earnings like they're a corporation. Parents get 10% when you're born. Government gets 5% in lieu of taxes. These shares have a market value based on income, expenditures, health, etc--pricing individuals just like you'd price a company.  In the story, most individuals have sold over 50% of their shares; meaning that they effectively don't have controlling interest over their lives. Their jobs, their homes, all their major decisions are made by the shareholders. So you might take a high-risk job, just because one of your biggest shareholders wants a payday.  Of course, since it's on the open market you can buy your shares back. Once you're back over 50%, you're back in control of your life and the majority of your income. The way the author imagines it, it's a pretty comprehensive system. And the book stays delightfully ambiguous as to whether it's debt slavery or a new evolution of liberty.  But again; transactions costs. Think of six billion little corporations with all their vital stats and market data. Now imagine voting on the jobs and homes of the potentially hundreds of people in whom you have an interest. It would simply be impossible to keep track of.  Honestly, it'd probably be more modest to just pay your student loans.\""}
{"_id": "376849", "title": "", "text": "\"&gt; broken up into \"\"cards\"\" ... conversations hidden underneath  So; some double-digit number of clicks to get to a comment thread, and an new ad at every one. Also, every industry-standard backtracking keystroke or mouse-action either disabled completely or hard-coded to put you at the main screen.\""}
{"_id": "376850", "title": "", "text": "Your federal taxes in US include the tax which Indian government wants back from you under the treaty with US government. Some countries have treaty with US where all the money person earns in US can be reclaimed at the end of the financial year i.e no money goes to the country of citizenship. However, Indian citizens working in US are not liable for 100% reclaim on their federal tax."}
{"_id": "376859", "title": "", "text": "You are smart to read books to better inform yourself of the investment process.  I recommend reading some of the passive investment classics before focusing on active investment books: If you still feel like you can generate after-tax / after-expenses alpha (returns in excess of the market returns), take a shot at some active investing.  If you actively invest, I recommend the Core & Satellite approach: invest most of your money in a well diversified basket of stocks via index funds and actively manage a small portion of your account.  Carefully track the expenses and returns of the active portion of your account and see if you are one of the lucky few that can generate excess returns. To truly understand a text like The Intelligent Investor, you need to understand finance and accounting.  For example, the price to earnings ratio is the equity value of an enterprise (total shares outstanding times price per share) divided by the earnings of the business.  At a high level, earnings are just revenue, less COGS, less operating expenses, less taxes and interest.  Earnings depend on a company's revenue recognition, inventory accounting methods (FIFO, LIFO), purchase price allocations from acquisitions, etc.  If you don't have a business degree / business background, I don't think books are going to provide you with the requisite knowledge (unless you have the discipline to read textbooks).  I learned these concepts by completing the Chartered Financial Analyst program."}
{"_id": "376878", "title": "", "text": "I find these type of questions silly, but I'll bite:"}
{"_id": "376898", "title": "", "text": "Shop around for a bank that offers lower/no fees for this operation and move your account there...  or, yes, change where the direct deposit is routed... or move these accounts into a single bank so it's an internal transfer rather than ACH. Or ask the bank whether there is another way to arrange this which doesn't cost you money. (It costs me nothing to move money within my credit union, whether manually or on a scheduled basis. It costs me nothing to have them send funds to another entity from my checking account. Specific example: Pay comes into my savings account. On the 27th, an automatic transfer moves the cost of a mortgage payment from savings to checking. On the 30th, an automatic payment sends that to my mortgage in another bank. No fees on any of this, 100% reliable.)"}
{"_id": "376923", "title": "", "text": "C) None of the above.  I mostly use Lync/Skype/Facebook/Whatsapp for making calls on the road. Wifi is ubiquitous these days, Project Fi and T-Mobile let you freely roam data outside the USA and I believe most European carriers are similar"}
{"_id": "376967", "title": "", "text": "That depends whether you're betting on the market going up, or down, during the year. If you don't like to bet (and I don't), you can take advantage of dollar cost averaging by splitting it up into smaller contributions throughout the year."}
{"_id": "376987", "title": "", "text": "The minimum amount is set by the merchant services provider based on the kind of business, its location and the history. It mostly has nothing to do with you personally. However, the minimum amount differs based on the kind of credit cards being used. For example, foreign credit cards will require signatures on much lower amounts than domestic.  In my local Safeway (NoCal analog of Ralph's) the limit for domestic credit cards is set at $50. If your credit limit is $5000, you might think that its a 1% of your limit. But if your limit is $50000 or $500 - it will still be $50. You cannot deduce anything about a specific person's credit situation based on whether or not they are required to sign the receipt. It has no affect on the decision."}
{"_id": "376997", "title": "", "text": "Nope. Fed buys bonds, banks get money, banks reinvest money in equities. DJIA went from 6,626.94 in March 6, 2009 to 17,100.18 in July 18, 2014. That's nearly a 200% increase in 5 years. The economy, on the other hand, has not reflected this rise. So where is this money coming from? QE. This is also why the biggest equities market drops in the past year and a half coincided with Fed announcements about QE tapering."}
{"_id": "377007", "title": "", "text": "Depends on if the investment options are changing. If the investments don't change then you will still receive your dividend. If they are changing, your company is legally obligated to inform you what new investment your money will be transferred to."}
{"_id": "377008", "title": "", "text": "See the article Age of Majority and Trust Termination. The site happens to be college related, but the chart offering age at which the minor takes control of the custodial account, by state should help address your question. For NY, it's 21, not 18. Same in my state. For custodial accounts we have for our daughter, she can show ID and take over at 21 if she wishes. Both smart enough to know she can, and wise enough to put the transfer off."}
{"_id": "377019", "title": "", "text": "Not sure I agree.    In your analogy, there was a car accident, or the closing of a position.  So, yes, it is okay to claim on the insurance.  Claiming and being granted unemployment requires that several very specific criteria are met on a continuing basis."}
{"_id": "377020", "title": "", "text": "\"This is only a concern if the payments can be realistically controlled by a central authority. What you're asking is only relevant when dealing with a centrally planned economy. I'm also not sure why you're talking about high payments surrounding basic living. What is \"\"basic living\"\"? What is considered high? You're presupposing information into the question, which is a form of leading and taints the discussion.\""}
{"_id": "377035", "title": "", "text": "\"Okay, yes that's true. However, we don't know what inflation would have been during this period had the fed not been increasing their balance sheet. That's what I'm trying to get at it. So it's easy for them to say \"\"Low inflation , low interest rates\"\".\""}
{"_id": "377043", "title": "", "text": "&gt; if Toronto wasn't refusing to give special tax considerations, they might have had this in the bag.  Yes, but their reason for it is good. That is already built into everything.  You don\u2019t pay for employee healthcare, there is low business taxes already, etc.  They are just putting a great opportunity out there for anyone and waiting to see who takes it.  If not Amazon, someone else will.  Google is already setting a major office near the proposed Amazon site."}
{"_id": "377056", "title": "", "text": "\"Yes, there is a financial benefit, if and only if you can live on 24/26th of your salary. Thus, bi-weekly is 12/13 lower than a bi-monthly income.  However, you now get a so-called \"\"extra\"\" paycheck twice a year.  (We typically get them in March and October.)   You can either spend those extra paychecks on \"\"hookers and blow\"\" or spend them wisely on things like accelerated debt repayment, home/car down payment, property taxes, etc, etc. HOWEVER... none of this really matters, since you don't control whether or not you're paid bi-weekly or semi-monthly.\""}
{"_id": "377061", "title": "", "text": "Switch to cash for a few months. No debit. No credit. This will help for two reasons: Once you've broken the bad habits, you should be able to go back to cards for the convenience factor."}
{"_id": "377065", "title": "", "text": "For real! /u/aolsux00 doesn't know what a primary source or peer-reviewed study is, but he has the gall to call other people uneducated in his other comments.   But just for fun, I went through those articles and read the studies they indirectly cite. [Spoiler alert: none of them fully support his claims](https://www.reddit.com/r/business/comments/6pujj4/economy_needs_workers_but_drug_tests_take_a_toll/dkt5pn2/)"}
{"_id": "377112", "title": "", "text": "For example: do I need a realtor, or can I do their job myself? In general in the United States the real estate agent fee is paid by the seller of the property. Their agent will be more than happy keep the entire fee if they don't have to split it with your agent.  If you don't have an agent you will be missing somebody who can help you find the property that meets your needs. They can also help explain what the different parts of the contract mean and give you advice regarding making an offer. Do I need to pay for an inspection, or am I likely to save enough   money from skipping it to cover potential problems that they would   have caught? Inspections are optional. Though the amount you are risking is the entire value of the purchase. If the property has a problem in the foundation, or the septic system, or the plumbing or electrical the cost to fix the issue could render the purchase not worth doing. If you discover the problem a year later and you have to repair the house and have to find temporary housing for a few months, you will regret skipping the inspection. What are some of the ways I can cut expenses on closing costs? Is   there any low-hanging fruit? You need to do your homework. When you are ready to purchase a property take good look at the good faith estimate and look at each item.  Ask them what the expense covers. Push back against those that seem optional or excessive. Keep in mind that moving the closing date from the end of a month to the start of the next month only changes the timing those charges, it doesn't really save you money. Rolling the costs into the loan sound easy but you have to think about. It means that you will be paying interest on those charges for the life of the loan. It is good that you are starting to think about all the costs."}
{"_id": "377117", "title": "", "text": "When you are a certain age you will be able to tap into your retirement accounts, or start receiving pension and social security funds. In addition you may be faced with required minimum distributions from these accounts.  But even before you get to those points you will generally shift the focus of new funds into the retirement account to be more conservative. Depending on the balances in the various accounts and the size of the pension and social security accounts you may even move invested funds from aggressive to conservative investments. The proper proportion of the many different types of investments and revenue streams is open to much debate. During retirement you will be pulling money out of retirement accounts either to support your standard of living or to meet the required minimum distributions. What to sell will be based on either the tax implications or the required distributions that will still maintain the asset allocation you desire.   If your distributions are driven by the law you will be selling enough to meet a specific required $ figure. You will either spend that money or move it into a low interest savings account or a non-retirement investment account. If trying to meet your standard of living expectations you will be selling funds that allow you to keep your desired asset allocation but still have enough to live on. Again you will be trying to meet a specific $ figure.  Of course you may decide at anytime in retirement to rebalance based on changes to your lifestyle, family obligations, or winning the lottery."}
{"_id": "377147", "title": "", "text": "\"You own a fractional share of the company, maybe you should care enough to at least read the proxy statements which explain the pro and con position for each of the issues you are voting on. That doesn't seem like too much to ask. On the other hand, if you are saying that the people who get paid to be knowledgeable about that stuff should just go make the decisions without troubling you with the details, then choose the option to go with their recommendations, which are always clearly indicated on the voting form. However, if you do this, it might make sense to at least do some investigation of who you are voting onto that board. I guess, as mpenrow said, you could just abstain, but I'm not sure how that is any different than just trashing the form. As for the idea that proxy votes are tainted somehow, the one missing piece of that conspiracy is what those people have to gain. Are you implying that your broker who has an interest in you making money off your investments and liking them would fraudulently cast proxy votes for you in a way that would harm the company and your return? Why exactly would they do this? I find your stance on the whole thing a bit confusing though. You seem to have some strong opinions on corporate Governance, but at the same time aren't willing to invest any effort in the one place you have any control over the situation. I'm just sayin.... Update Per the following information from the SEC Website, it looks like the meaning of a proxy vote can vary depending on the mechanics of the specific issue you are voting on. My emphasis added. What do \"\"for,\"\" \"\"against,\"\" \"\"abstain\"\"and \"\"withhold\"\" mean on the proxy card or voter instruction form?   Depending on what you are voting on,   the proxy card or voting instruction   form gives you a choice of voting   \"\"for,\"\" \"\"against,\"\" or \"\"abstain,\"\" or   \"\"for\"\" or \"\"withhold.\"\" Here is an   explanation of the differences: Election of directors: Generally,   company bylaws or other corporate   documents establish how directors are   elected. There are two main types of   ways to elect directors: plurality   vote and majority vote. A \"\"plurality vote\"\" means that the   winning candidate only needs to get   more votes than a competing candidate.   If a director runs unopposed, he or   she only needs one vote to be elected,   so an \"\"against\"\" vote is meaningless.   Because of this, shareholders have the   option to express dissatisfaction with   a candidate by indicating that they   wish to \"\"withhold\"\" authority to vote   their shares in favor of the   candidate. A substantial number of   \"\"withhold\"\" votes will not prevent a   candidate from getting elected, but it   can sometimes influence future   decisions by the board of directors   concerning director nominees. A \"\"majority vote\"\" means that directors   are elected only if they receive a   majority of the shares voting or   present at the meeting. In this case,   you have the choice of voting \"\"for\"\"   each nominee, \"\"against\"\" each nominee,   or you can \"\"abstain\"\" from voting your   shares. An \"\"abstain\"\" vote may or may   not affect a director's election. Each   company must disclose how \"\"abstain\"\" or   \"\"withhold\"\" votes affect an election in   its proxy statement. This information   is often found toward the beginning of   the proxy statement under a heading   such as \"\"Votes Required to Adopt a   Proposal\"\" or \"\"How Your Votes Are   Counted.\"\" Proposals other than an election of   directors: Matters other than voting   on the election of directors, like   voting on shareholder proposals, are   typically approved by a vote of a   majority of the shares voting or   present at the meeting. In this   situation, you are usually given the   choice to vote your shares \"\"for\"\" or   \"\"against\"\" a proposal, or to \"\"abstain\"\"   from voting on it. Again, the effect   of an \"\"abstain\"\" vote may depend on the   specific voting rule that applies. The   company's proxy statement should again   disclose the effect of an abstain   vote.\""}
{"_id": "377151", "title": "", "text": "I've been unemployed for over a year after being laid off and subsequently rejected from the literally hundreds of applications I've done. I finally got this job as a cashier, but it doesn't satisfy me so I'm just going to quit."}
{"_id": "377152", "title": "", "text": "\"According to IRS Publication 1635, Understanding your EIN (PDF), under \"\"What is an EIN?\"\" on page 2: Caution: An EIN is for use in connection with your business activities only. Do not use your EIN in place of your social security number (SSN). As you say your EIN is for your business as a sole proprietor, I would also refer to Publication 334, Tax Guide for Small Business, under \"\"Identification Numbers\"\": Social security number (SSN).   Generally, use your SSN as your taxpayer identification number. You must put this number on each of your individual income tax forms, such as Form 1040 and its schedules.  Employer identification number (EIN).   You must also have an EIN to use as a taxpayer identification number if you do either of the following. Pay wages to one or more employees. File pension or excise tax returns. If you must have an EIN, include it along with your SSN on your Schedule C or C-EZ as instructed.  While I can't point to anything specifically about bank accounts, in general the guidance I see is that your SSN is used for your personal stuff, and you have an EIN for use in your business where needed. You may be able to open a bank account listing the EIN as the taxpayer identification number on the account. I don't believe there's a legal distinction between what makes something a \"\"business\"\" account or not, though a bank may have different account offerings for different purposes, and only offer some of them to entities rather than individuals. If you want to have a separate account for your business transactions, you may want them to open it in the name of your business and they may allow you to use your EIN on it. Whether you can do this for one of their \"\"personal\"\" account offerings would be up to the bank. I don't see any particular advantages to using your EIN on a bank account for an individual, though, and I could see it causing a bit of confusion with the bank if you're trying to do so in a way that isn't one of their \"\"normal\"\" account types for a business. As a sole proprietor, there really isn't any distinction between you and your business. Any interest income is taxable to you in the same way. But I don't think there's anything stopping you legally other than perhaps your particular bank's policy on such things. I would suggest contacting your bank (or trying several banks) to get more information on what account offerings they have available and what would best fit you and your business's needs.\""}
{"_id": "377156", "title": "", "text": "\"Yeah. I went to a free seminar which was really just a roundabout sales pitch for their expensive seminars. They promised big secrets etc. Yet when I asked the guy what his portfolio consisted of, \"\"Some property and some stocks\"\" was his reply.    \"\"So how did you get them and choose them?\"\" I asked.   \"\"We cover that in our other seminars which you can sign up for.\"\"  yeah and pay tons for. Obviously he was there to drum up sales for nebulous and vague seminars on \"\"Wealth Building.\"\" for a thousand bucks. I'd rather just buy a thousand bucks on investment books. Least I know ill be getting worthwhile knowledge out of that.   Tl;Dr felt like a scientologist sales pitch. Lots of show and money spent. Probably bullshit aliens at the end.\""}
{"_id": "377166", "title": "", "text": "You should evaluate where to put your money based on when you need-by-date is. If you need it in the next 5 years, I'd essentially keep it in cash or no-risk savings accounts/cds, money market accounts, etc. If you need it further than 5 years from now, invest for the future with some form of asset allocation that matches your risk tolerance.   Research asset allocation and decide how to divide amongst different types of investments. **Retirement accounts have earnings requirements and maximum contribution limits."}
{"_id": "377186", "title": "", "text": "If you want to invest in the stock market, whether over a shorter period of 1 to 2 years or over a longer period of 10 or 20 years or longer you need to take some precautions and have a written investment plan with a risk management strategy incorporated in your plan. Others have said that 1 to 2 years is too short to invest in the stock market as the stock market can have a correction and fall by 50%. But it doesn't matter if you invest for 1 year or if you invest for 50 years, the stock market can still fall by 50% just before you plan to withdraw your funds. What you need to figure out is a way to get out before the market falls by 40% to 50%. A simple way to do this is to use technical indicators to warn you when a market trend is starting to change and that it is time to get out of the market. Two simple indicators you can use on a market index are the Rate of Change (ROC) indicator and the 100 week Moving Average (MA). Below is a 10 year weekly chart of the S&P500 with these two indicators charted. They show good times to get into the market and good times to get out.  If you are using the 100 week MA you would buy in when the price crosses above the MA line and sell when the price crosses below the MA line. If you are using the ROC indicator you would buy in when the ROC indicator crosses above the zero line and sell when the ROC indicator crosses below the zero line. So your investment plan could be to buy an Index ETF representing the S&P500 when the ROC moves above zero and sell when it crosses below zero. You can also place a trailing stop loss of 10% to protect you in case of a sudden fall over a couple of days. You can manage your investments in as little as 10 minutes per week by checking the chart once per week and adjusting your stop loss order.  If you want to progressively add to your investment each month you could check the charts and only add any new funds if both the ROC is above zero and sloping upwards. Another option for adding new funds could be if the price is above the MA and moving further away from the MA. All these rules should be incorporated into your investment plan so that you are not basing your decisions based on emotions. There are many other Technical Analysis Indicators you could also learn about to make better educated decisions about your stock market investments. However, what I have provided here is enough for anyone to test over different indexes and time frames and do their own paper trading on to gain some confidence before placing any real money on the table."}
{"_id": "377193", "title": "", "text": "\"Moral capitalism only makes sense when everyone agrees on the definition of that phrase. Whatever you decide is moral, there will be someone that thinks it's not.  \"\"We should see taxes as an integral part of a moral capitalist economy, providing health, education and social care outside the market.\"\"  Taxes are a part of every government, capitalist or otherwise, that I know of. The real question becomes, \"\"How much health, education and social care is it the government's responsibility to provide?\"\" or, to put it another way, \"\"What should I get for free at the expense of everyone else if I choose not to work?\"\"  It's a balancing act: We generally want to support those who cannot support themselves (even when it doesn't make sense, evolutionarily speaking) but we don't want to create a disincentive for people to learn, grow, work and better themselves. We don't want it to be easier or more comfortable for able people to collect government checks instead of earning their own.\""}
{"_id": "377202", "title": "", "text": "Wtf did I just read. The only real tip there is having a responsive mobile friendly site.   Keyword stuffing is not as effective as search engines move to semantic understanding, if you have 10 keywords that are synonyms for the same topic you'll likely get demoted"}
{"_id": "377221", "title": "", "text": "The implication is she built it so good that it didn't suffer these fates. It took on a life of its own in a way she wanted/designed and then it sort of maintained itself through the employees and processes she built with new people fitting into the puzzle without her. Most places the culture does need to be maintained as you hire outside and they bring their own ideas and own ways of doing things but it seems Netflix hired under the assumption of do it my way in our existing system or GTFO."}
{"_id": "377223", "title": "", "text": "If you were going to pay off an 18% credit card and had no hope otherwise, I might agree you should do this. 5.5% student loan, I wouldn't do it.  You have multiple issues going on. I would find a bank or broker that will keep the IRA with no fee. Zero. If you buy stocks, there might be a commission, but I'd stick with a low cost index mutual fund. At 10%, the account might double every 7 years, even 35 years till retirement offers 5 doubles or 32X your money. Literally, $100K more for retirement. As a semi-retired old guy, I thank my younger self for putting aside the $3000, so we have over $100K more now.  Your student loan is manageable. Save, enjoy yourself, but don't let $7500 at 5.5% keep you up at night."}
{"_id": "377247", "title": "", "text": "Tim Ferris has some pretty good finance related episodes with hedge fund managers or personal finance authors (for e.g. the one with Ray Dalio or Tony Robbins).  They are not exclusively finance related but include some pretty in-depth conversations.  20-Minute VC is also great if you're interested in Venture Capital."}
{"_id": "377262", "title": "", "text": "Aloe Vera is a natural plant which has many important features and is widely used in preparing cosmetics and medicines. There are many benefits of Aloe Vera in various medical treatments like Skin ailments, constipation, infections etc. For more Details call us on 0412 129 882."}
{"_id": "377266", "title": "", "text": "\"There is a distinction between putting a lot of hours into building a semi autonomous business and having your Accountant and Tax Lawyer find legal loopholes so you can avoid millions of dollars of debt again and again.  Then you are using the word \"\"passive income\"\" wrong.    \"\"What would become of an economy if 50% of a population decided they didn't like working and so took up speculating stock prices full time?\"\"  50%+ of the population isn't intelligent enough to even do this.  The ones that are probably don't make much money.  It's a huge gamble.  What if 50% of the population decided to gamble in Vegas full time?  It's just as absurd.  \"\"Yes, it is \"\"smart\"\" to abuse every existing loophole, but it is not ethical and it is certainly not sustainable without being to the detriment of others. I prefer a system where people have integrity and where manipulating others is looked down upon, rather than admired.\"\"  I still don't know where you even got this idea.  I've read the book and he doesn't even really talk about this.  \"\"but it is not ethical and it is certainly not sustainable without being to the detriment of others\"\"  You're right, it isn't, which is why most people don't do it for a living.\""}
{"_id": "377282", "title": "", "text": "Unfortunately 100% of these issues are directly related to private industry\u2019s willingness to use any tool to get the upper hand.  It is unwise to hand the keys to thieves just because the cops are corrupt.  It is equally unwise to hand power to private corporations just because the government is corrupt.  However, as I have often noted before, when you find you are stuck between two disagreeable options, it means you are failing to observe all the variation and subtlety you can manipulate in between and around those options.  You are failing to see the middle ground AND your surroundings as opportunities.  There must be a measure that will satisfy both our views.  We must simply observe more nuances in our subject matter.  A quote I have heard from engineers:  \u201cThe hardest problem is framing the issue in such a way that it can be solved.\u201d  a.k.a. our choice of perspective most often defines our limitations, and a change of perspective changes those limitations."}
{"_id": "377310", "title": "", "text": "Wolfson/Cutler Real Estate distinguishes itself from other real estate companies in the area with a rich heritage of serving ALL the real estate needs of our valued customers in Medford, Malden and all the surrounding communities for over 65 years. We have satisfied thousands of customers, whether they be buyers or sellers."}
{"_id": "377314", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.france24.com/en/20170828-pakistan-bank-faces-629mn-penalty-us) reduced by 74%. (I'm a bot) ***** &gt; Its company secretary Nausheen Ahmad said the hefty fine - which if imposed would be the largest ever penalty handed out to a Pakistan bank - was &amp;quot;Unjustified, capricious and unreasonable&amp;quot;.  &gt; The State Bank of Pakistan issued a statement late Monday saying it was aware of the situation and that there were no immediate risks to HBL&amp;#039;s operations and Pakistan&amp;#039;s banking industry.  &gt; &amp;quot;State Bank of Pakistan reiterates its determination to protect the interests of depositors and to protect the health and safety of the country&amp;#039;s banking system,&amp;quot; it said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wmzcy/pakistan_bank_faces_629mn_penalty_in_the_us/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~200121 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **Pakistan**^#2 **branch**^#3 **HBL**^#4 **financial**^#5\""}
{"_id": "377322", "title": "", "text": "\"There are many different kinds of SEC filings with different purposes.  Broadly speaking, what they have in common is that they are the ways that companies publicly disclose information that they are legally required to disclose.  The page that you listed gives brief descriptions of many types, but if you click through to the articles on individual types of filings, you can get more info. One of the most commonly discussed filings is the 10-K, which is, as Wikipedia says, \"\"a comprehensive summary of a company's financial performance\"\".  This includes info like earnings and executive pay. One example of a form that some people believe has potential utility for investors is Form 4, which is a disclosure of \"\"insider trading\"\".  People with a privileged stake in a company (executives, directors, and major shareholders) cannot legally buy or sell shares without disclosing it by filing a Form 4.  Some people think that you can make use of this information in the sense that if, for instance, the CEO of Google buys a bunch of Twitter stock, they may have some reason for thinking it will go up, so maybe you should buy it too.  Whether such inferences are accurate, and whether you can garner a practical benefit from them (i.e., whether you can manage to buy before everyone else notices and drives the price up) is debatable. My personal opinion would be that, for an average retail investor, readng SEC filings is unlikely to be useful.  The reason is that an average retail investor shouldn't be investing in individual companies at all, but rather in mutual funds or ETFs, which typically provide comparable returns with far less risk.  SEC filings are made by individual companies, so it doesn't generally help you to read them unless you're going to take action related to an individual company.  It doesn't generally make sense to take action related to an individual company if you don't have the time and energy to read a large number of SEC filings to decide which company to take action on.  If you have the time and energy to read a large number of SEC filings, you're probably not an average retail investor.  If you are a wheeler dealer who plays in the big leagues, you might benefit from reading SEC filings.  However, if you aren't already reading SEC filings, you're probably not a wheeler dealer who plays in the big leagues. That said, if you're a currently-average investor with big dreams, it could be instructive to read a few filings to explore what you might do with them.  You could, for instance, allocate a \"\"play money\"\" fund of a few thousand dollars and try your hand at following insider trades or the like.  If you make some money, great; if not, oh well.  Realistically, though, there are so many people who make a living reading SEC filings and acting on them every day that you have little chance of finding a \"\"diamond in the rough\"\" unless you also make a living by doing it every day. It's sort of like asking \"\"Should I read Boating Monthly to improve my sailing skills?\"\"  If you're asking because you want to rent a Hobie Cat and go for a pleasure cruise now and then, sure, it can't hurt.  If you're asking because you want to enter the America's Cup, you can still read Boating Monthly, but it won't in itself meaningfully increase your chances of winning the America's Cup.\""}
{"_id": "377335", "title": "", "text": "\"Employers are not supposed to give cash gifts to their employees, even if you try to call it a \"\"gift\"\" for tax purposes. Presumably, the reason your wife's employer gave her cash was to be nice and save her taxes on that amount. Her employer already paid tax on that money so that your wife doesn't have to. If she plans to declare it anyway, then she should instead give it back and ask for it to be added to the W2 as an end of year bonus. This way her employer could then deduct the payment and pay her a larger amount of money. (The additional amount would be approximately their tax rate minus about 7.45% for FICA.) In fact, if your wife's tax rate is more than 15% lower than her employer's, then this is actually mathematically best for both parties.\""}
{"_id": "377346", "title": "", "text": "Fuccillo Automotive Group is one of the largest auto groups in the United States and we are expanding rapidly in the Florida market as the #1 Kia Dealer in the WORLD! We offer first class sales and service for our valued customers. We also uphold integrity in our business practices through a staff of experienced and qualified employees."}
{"_id": "377357", "title": "", "text": "\"UPDATE: Unfortunately Citibank have removed the \"\"standard\"\" account option and you have to choose the \"\"plus\"\" account, which requires a minimum monthly deposit of 1800 sterling and two direct debits. Absolutely there is.  I would highly recommend Citibank's Plus Current Account.  It's a completely free bank account available to all UK residents. http://www.citibank.co.uk/personal/banking/bankingproducts/currentaccounts/sterling/plus/index.htm There are no monthly fees and no minimum balance requirements to maintain.  Almost nobody in the UK has heard of it and I don't know why because it's extremely useful for anyone who travels or deals in foreign currency regularly. In one online application you can open a Sterling Current Account and Deposit Accounts in 10 other foreign currencies (When I opened mine around 3 years ago you could only open up to 7 (!) accounts at any one time). Citibank provide a Visa card, which you can link to any of your multi currency accounts via a phone call to their hotline (unfortunately not online, which frequently annoys me - but I guess you can't have everything).  For USD and EUR you can use it as a Visa debit for USD/EUR purchases, for all other currencies you can't make debit card transactions but you can make ATM withdrawals without incurring an FX conversion. Best of all for your case, a free USD cheque book is also available: http://www.citibank.co.uk/personal/banking/international/eurocurrent.htm You can fund the account in sterling and exchange to USD through online banking.  The rates are not as good as you would get through an FX broker like xe.com but they're not terrible either. You can also fund the account by USD wire transfer, which is free to deposit at Citibank - but the bank you issue the payment from will likely charge a SWIFT fee so this might not be worth it unless the amount is large enough to justify the fee. If by any chance you have a Citibank account in the US, you can also make free USD transfers in/out of this account - subject to a daily limit.\""}
{"_id": "377364", "title": "", "text": "That's easy, keep making the payments and go on with life. The number that matters more than loan/market value is loan/equity. As long as you can sell it for enough to pay the balance on your loan you should be okay. Not saying it doesn't suck, but financially you are fine. If you owe more than the house is worth, I'd suggest paying it down as quickly as possible to fix that ratio to reduce your financial risk in case you lose your source of income. Personally, I think it is pretty slimy for people to walk away from house notes or try to short sell them when they can afford to continue payments just because the market value of the house fell.  How would you feel if, when house prices were skyrocketing, the bank canceled your loan and repossessed your house because they could resell it for more money? (not that they could realistically, just speaking hypothetically.)"}
{"_id": "377371", "title": "", "text": "Considering how expensive insurance is now, We need to try single payer and any other means to lower our costs.  The problem today is that people without healthcare (e.g. Do not seek healthcare when a low cost option would work).  The result is that by the time uninsured go to the hospital it is very expensive. What we have today is not working, we should not have to pay 18-20% of our income to get health insurance."}
{"_id": "377372", "title": "", "text": "The only legit criticism of this that I can see is employees are not compensated for wear and tear or gas. That's such a tiny thing though, and extremely common. I'm not sure this is really a wise business move, but no need for pitchforks (or rather, no additional need for pitchforks over the standard level appropriate for Walmart employee practices)."}
{"_id": "377375", "title": "", "text": "Yeah our government is an absolute mess now. I don't blame people for shaming the rich, as the corruption is visible in all sorts of industries. It is not, however, an inevitable consequence of capitalism. *Crony capitalism* is the result of a corrupt government, not unadulterated capitalism.  If individual liberties were protected above all else, no businesses had any part to play in the ways in which they were governed, then we might just see a system that works. Not going to happen though."}
{"_id": "377383", "title": "", "text": "Who do you think the Missile defense system is supposed to protect? South Korea. You would think they would help flip the bill instead of American tax payers. I would be ok if we drew our entire military presence from SK."}
{"_id": "377402", "title": "", "text": "Interior And Exterior Designer In Mumbai AT THE HEART OF DESIGN  We Are Leading Interior And Exterior Designer In Mumbai.  What sets Mumbai-based, luxury interior designer, Sapphel Champanerii, a class apart from her contemporaries, is her uniquely signature interpretation of design.  Breathing life into spaces is hygiene to her but what makes her designs come alive is the intricate detailing and mesmerizing interpretation of design that accents everything she undertakes. Her designs are a skillful synthesis of aesthetics and science.  Ask her the secret and she confesses- her designs are shaped by her innate and intuitive understanding of her Client\u2019s needs and yes, sometimes, quirks!  Whether it is through design decisions, color selections, or the creation of an atmosphere that enriches their daily lives, our job is to not only make our clients feel good, but to also provide them with a functional, safe environment that will enable their organization to operate as efficiently as possible. The interior design of a space provides our clients with a personal connection to their environment through furniture, textures, colors and spatial arrangement.  We understand that most homeowners don\u2019t undertake major exterior replacements and redesign projects more than once, and that\u2019s why our goal is to help you get it right. Our comprehensive process not only ensures your 100 percent satisfaction with the project, but also guarantees that you\u2019ll fall in love with your home all over again!"}
{"_id": "377409", "title": "", "text": "I'd probably call it an intangible or indirect benefit. Not sure what the trade term is."}
{"_id": "377429", "title": "", "text": "In the case of VFIAX versus VOO, if you're a buy-and-hold investor, you're probably better off with the mutual fund because you can buy fractional shares. However, in general the expense ratio for ETFs will be lower than equivalent mutual funds (even passive index funds). They are the same in this case because the mutual fund is Admiral Class, which has a $10,000 minimum investment that not all people may be able to meet. Additionally, ETFs are useful when you don't have an account with the mutual fund company (i.e. Vanguard), and buying the mutual fund would incur heavy transaction fees."}
{"_id": "377444", "title": "", "text": "Yes, there are very lucrative opportunities available by using financial news releases. A lot of times other people just aren't looking in less popular markets, or you may observe the news source before other people realize it, or may interpret the news differently than the other market participants. There is also the buy the rumor, sell the news mantra - for positive expected information (opposite for negative expected news), which results in a counterintuitive trading pattern."}
{"_id": "377466", "title": "", "text": "\"A lot of investors prefer to start jumping into tools and figuring out from there, but I've always said that you should learn the theory before you go around applying it, so you can understand its shortcomings.  A great starting point is Investopedia's Introduction to Technical Analysis. There you can read about the \"\"idea\"\" of technical analysis, how it compares to other strategies, what some of the big ideas are, and quite a bit about various chart patterns (cup and handle, flags, pennants, triangles, head & shoulders, etc). You'll also cover ideas like moving averages and trendlines. After that, Charting and Technical Analysis by Fred McAllen should be your next stop. The material in the book overlaps with what you've read on Investopedia, but McAllen's book is great for learning from examples and seeing the concepts applied in action. The book is for new comers and does a good job explaining how to utilize all these charts and patterns, and after finishing it, you should be ready to invest on your own.  If you make it this far, feel free to jump into Fidelity's tools now and start applying what you've learned. You always want to make the connection between theory and practice, so start  figuring out how you can use your new knowledge to generate good returns.  Eventually, you should read the excellent reference text Technical Analysis of the Financial Markets by John Murphy. This book is like a toolbox - Murphy covers almost all the major techniques of technical analysts and helps you intuitively understand the reasoning behind them. I'd like to quote a part of a review here to show my point:  What I   like about Mr. Murphy is his way of showing and proving a point. Let   me digress here to show you what I mean: Say you had a daughter and   wanted to show her how to figure out the area of an Isosceles   triangle. Well, you could tell her to memorize that it is   base*height/2. Or if you really wanted her to learn it thoroughly you   can show her how to draw a parallel line to the height, then join the   ends to make a nice rectangle. Then to compute the area of a rectangle   just multiply the two sides, one being the height, the other being   half the base. She will then \"\"derive\"\" this and   \"\"understand\"\" how they got the formula. You see, then she can   compute the area under a hexagon or a tetrahedron or any complex   object. Well, Mr. Murphy will show us the same way and   \"\"derive\"\" for us concepts such as how a resistance line later   becomes a support line! The reson for this is so amusing that after   one reads about it we just go \"\"wow...\"\"\"\" Now I understand why   this occurs\"\". Murphy's book is not about strategy or which tools to use. He takes an objective approach to describing the basics about various tools and techniques, and leaves it up to the reader to decide which tools to apply and when. That's why it's 576 pages and a great reference whenever you're working.  If you make it through and understand Murphy, then you'll be golden. Again, understand the theory first, but make sure to see how it's applied as well - otherwise you're just reading without any practical knowledge. To quote Richard Feynman: It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.  Personally, I think technical analysis is all BS and a waste of time, and most of the top investors would agree, but at the end of the day, ignore everyone and stick to what works for you. Best of luck!\""}
{"_id": "377477", "title": "", "text": "\"Term is the way to go. Whole/universal are basically a combo of term and savings, so buy term life insurance and invest the difference in cost yourself. You should make a lot more that way (as far as savings go) than by buying whole life. By the time term life gets too expensive to be worth (when you're a lot older) you will have enough saved to become \"\"self-insured\"\". Just don't touch the savings :) You really only need insurance when there is income to replace and debts to cover - house/mortgage, kids/school, job income, etc.\""}
{"_id": "377488", "title": "", "text": "The Central Banks sets various rate for lending to Banks and Paying interest to Banks on excess funds. Apart from these the Central Banks also sets various other ratios that either create more liquidity or remove liquidity from Market.  The CPI is just one input to the Central Bank to determine rate, is not the only deciding criteria. The CPI does not take into account the house price or the cost of renting in the basket of goods.  One of the reasons could be that CPI contains basic essentials and also the fact that it should be easily mesurable over the period of time. For example Retail Price of a particular item is easily mesurable. The rent is not easily mesurable."}
{"_id": "377490", "title": "", "text": "If this happens, the solution isn't to force people to use sidewalks. It's to take the approach of London and make crossing at any point legal, and have it be the drivers responsibility to not hit people.  Laws in many cases are better when they reflect reality (and thus ease enforcement) rather than trying to shoehorn something impractical into place."}
{"_id": "377521", "title": "", "text": "I'd consider this offer. Keep in mind, any time you write a check, there's the information he's asking for.  If it makes you feel comfortable, use the small balance account, or set up a 4th one you'll use for these incoming deposits only."}
{"_id": "377537", "title": "", "text": "Well I was trying to describe it very generally because I think if other people heard the idea especially on an business thread the idea would be taken easily. And the idea came to me about a month ago and I guess I didn't explain well but I was wondering what kind of homework I need to research. My intention was for people to give me an idea of where to start. I've already started to write out a business plan I just didn't know if there were places to go to find people to invest into it or not. And I'm totally fine with criticism and what not but the way he came out was actually humorous to me, to call someone's idea bad when you don't know what it is is just silly. Snapchat seemed like a stupid idea in my opinion. Why would I only want to see someone's picture for 10 seconds and it goes away forever? But hey that turned into gold. So you never know what can be successful and not these days and how are you supposed to find out without taking the risks and going for it. So I guess a specific question is, if I write a business plan, what is my next step, who do I show it to?"}
{"_id": "377546", "title": "", "text": "\"**Vice Media**  Vice Media LLC is a North American digital media and broadcasting company. Originating from the Montreal-based VICE magazine co-founded by Suroosh Alvi, Shane Smith, and Gavin McInnes (who departed the company in 2008), VICE expanded primarily into youth and young adult-focused digital media, including online content verticals and related web series, the news division VICE News, a film production studio, and a record label among other properties. In 2015 VICE Media was called \"\"[arguably] a poster child for new-media success\u2014especially when it comes to attracting a valuable millennial audience.\"\"  In February 2016, VICE Media launched a cable television network in Canada and the United States known as Viceland\u2014a millennial-targeted network which draws upon the resources of the lifestyle-oriented verticals of VICE. The Viceland TV channel currently operates in many international territories, with plans to expand to a total of 44 by the end of 2017. VICE Media broadcasts two news programs on HBO. VICE News Tonight, which premiered October 10, 2016, showcases a nightly roundup of global news, technology, the environment, economics, and pop culture while eschewing traditional news anchors.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.23\""}
{"_id": "377547", "title": "", "text": "\"As a minor you certainly can pay tax, the government wants its cut from you just like everyone else :-) However you do get the personal allowance like everyone else, so you won't have to pay income tax until your net income reaches \u00a310,800 (that's the figure for the tax year from April 2015 to April 2016, it'll probably change in future years). Once you're 16, you will also have to pay national insurance, which is basically another tax, at a lower threshold. The current rates are \u00a32.80/week if you are making \u00a35,965 a year or more, and also 9% on any income above \u00a38,060 (up to \u00a342,385). Your \"\"net income\"\" or \"\"profits\"\" are the income you receive minus the expenses you have to support that income. Note that the expenses must be entirely for the \"\"business\"\", they can't be for personal things. The most important thing to do immediately is to start keeping accurate records. Keep a list of the income you receive and also the expenses you pay for hardware etc. Make sure you keep receipts (perhaps just electronic ones) for the expenses so you can prove they existed later. Keep track of that net income as the year goes on and if it starts collecting at the rate you'd have to pay tax and national insurance, then make sure you also put aside enough money to pay for those when the bill comes. There's some good general advice on the Government's website here: https://www.gov.uk/working-for-yourself/what-you-need-to-do In short, as well as keeping records, you should register with the tax office, HMRC, as a \"\"sole trader\"\". This should be something that anyone can do whatever their age, but it's worth calling them up as soon as you can to check and find out if there are any other issues. They'll probably want you to send in tax returns containing the details of your income and expenses. If you're making enough money it may be worth paying an accountant to do this for you.\""}
{"_id": "377562", "title": "", "text": "\"Mostly true, it is possible to make money on Uber. I made $350 on the 4th of July.  I uber part time, only during peak hours. And if its not \"\"hitting\"\" early I tend to give up.  I've tracked my expenses, my margin is about 55% (this is after the uber tax) and I can typically make $200~ on a Friday night.  Is it great money? Nope, but I like doing it too.  Now yes most Uber drivers would think its a cash cow are fucking morons.\""}
{"_id": "377563", "title": "", "text": "INR held in an NRE account can be converted to non-Indian currencies without any problems. Converting money in an NRO account is more difficult but do-able. Whether it is wise for you to invest in a privately held company is a different issue."}
{"_id": "377566", "title": "", "text": "Supply and demand?  A bad/poor taste joke, and I agree with its lack of relevance here in this sub, but I definitely agree with it, too. If you feel bad, and have a gun easily available, it is very easy to end your life with a twitch of the finger. If you don't have a gun, it can be much harder to make a snap decision with ease of execution (no pun intended, honestly) like suicide by firearm."}
{"_id": "377571", "title": "", "text": "(My wife works for an insurance broker in the US, so take that grain of salt with my answer) Disability insurance covers your income should you be unable to work.  Some disability will be paid before social security (so you get both incomes) and some will be paid after (so your insurance will fill whatever gap SS leaves) Everybody in the US gets Social Security, which has a disability provision you can use.  The additional disability insurance is a good idea for people with a family who will rely on your income for the future, or even for yourself should you work in a dangerous position. My family has it, and we consider it essential for our well being, but I consider insurance on many things a necessity not a luxury.  (except pet insurance, I find that to be a luxury.)"}
{"_id": "377575", "title": "", "text": "And then there's Washington, DC, which subsidized fiber throughout the city but cannot lease it commercially due to red tape.  EDIT:  I hate making statements like this without support:  &gt;  But it\u2019s unlikely that we\u2019ll see last-mile service directly from the District. That\u2019s because the city\u2019s franchise agreements with Internet service providers like Verizon and Comcast prohibit the District from competing with these companies by offering its own service.  [washingtoncitypaper.com](http://www.washingtoncitypaper.com/blogs/housingcomplex/2013/05/01/fiber-optical-illusion/)"}
{"_id": "377589", "title": "", "text": "Sears has pretty good prices on appliances, TVs, and sears/kmart's deals on video games are great (they go as far as to directly post to cheapassgamer.com, even). They have some good things about their business that they could focus on, get a little quality control/ratings on the resellers they have on their website and they might be able to get more success."}
{"_id": "377621", "title": "", "text": "Your home doesn't belong to the partnership, it belongs to you. So you can (if qualified) deduct home office usage as a business expense on your individual tax return. Same goes to your partner. Similarly any other unreimbursed expense."}
{"_id": "377659", "title": "", "text": "It would depend on a) Ones view on Markets and b) Ones nature. If one believes that the market would be going up in the near future then it would be best to buy all at once. If one believes the market is uncertain, it would make sense to invest over a period of time. If one is a disciplined investor and can stick to plan, it would make sense to invest over a period of time as the risk is generally less. How much less is again subjective. If one is not a disciplined investor then buying now and getting done with is a good idea.   As to exactly quantifying this is absolute number for future would not be possible. One can take the data from past, however it would work advantages if the prices moves up and disadvantages if the price moves down."}
{"_id": "377662", "title": "", "text": "\"Pretty much all of your list is on either HBO or AMC, and while they are making some fantastic stuff, that's two channels out of hundreds. I wouldn't even count HBO as \"\"tv\"\" either. Its not TV, its HBO.\""}
{"_id": "377686", "title": "", "text": "Their net income hangs around zero because they raise expenses as reinvestment in the company (line items like $16.09B in Research &amp; Development expense last year).  Retained earnings is a balance sheet item reflective of assets they're holding for projects in a later fiscal period; they aren't waiting for the next period to reinvest."}
{"_id": "377712", "title": "", "text": "This does feel like market penetration pricing, though. Amazon is hungry for market share, benefitting customers is a side-effect. No doubt things will stabilize once they hit the market share they want.   Though I'd also like to think that due to their diverse portfolio, they are keeping prices low because they have the risk-bearing revenue streams to do so!"}
{"_id": "377714", "title": "", "text": "\"According to the FAFSA info here, they will count your nonretirement assets when figuring the EFC. The old Motley Fool forum question I mentioned in my comment suggests asking the school for a \"\"special circumstances adjustment to your FAFSA\"\".  I don't know much about it, but googling finds many pages about it at different colleges.  This would seem to be something you need to do individually with whatever school(s) your son winds up considering.  Also, it is up to the school whether to have mercy on you and accept your request. Other than that, you should establish whatever retirement accounts you can and immediately begin contributing as much as possible.  Given that the decision is likely to be complicated by your foreign income, you should seek professional advice from an accountant versed in such matters.\""}
{"_id": "377719", "title": "", "text": "One key piece missing from your theory is the bid/ask spread. If you buy a stock for $10, you usually can't immediately turn around and sell it for $10. You can only sell it for whatever someone is willing to pay for it.  So virtually any random investment (stocks, bonds, forex, whatever) immediately loses a small amount of value, and over the long run you will almost certainly lose money if you buy/sell at random."}
{"_id": "377741", "title": "", "text": "\"Incremental profit, not revenue. If the incremental profit I project from an additional hire is greater than the cost. Taxes drive the cost up and the profit down, depending on the tax. Saying \"\"I will hire no matter what taxes are levied against me\"\" is just as ridiculous as saying \"\"I will not hire if one cent is levied against me\"\".   At the end of the day, profits are the source of future expansion and investment (we are not publicly traded). Taxes effectively reduce the amount we have left to invest. They do not reduce this amount to zero, but they do reduce it.   You are right to imply that I want the business to grow constantly, but that requires investment of actual money before the top or bottom line impact happens, months or years in advance. Sometimes, you take a risk that doesn't pan out, and that money is gone forever. Sometimes it develops into a profitable segment of the business. In wither case, taxes reduce the chunk of change we can use for this kind of activity.  I sense latent hostility in your phrasing, but I hope I am wrong. It feels like you are accusing me of making a profit, but I openly admit to making a profit. I do not view this as something bad. It is profitability that allows me to increase salary and benefit levels for employees, try to continually improve working conditions, invest in new equipment, spend on r&amp;amp;d to make better products, and of course increase my personal income.  I try to align the way in which i make money personally with constantly making customers and employees happier. Happy customers means more revenue and happy employees means better processes, better ideas, and more profit. I don't view this as bad, and I hope I read emotion into your comment that you did not mean. If so, I apologize in advance, but if you did mean to be hostile, I hope you at least understand where I am coming from now.  Edit: grammar\""}
{"_id": "377742", "title": "", "text": "You don't say your level of consumer debt.  You don't say how much of an emergency fund you have. If you have debt, pay it off before you invest.  If you don't have an emergency fund (X months' expenses, pick your own X) get that before investing. If you have neither, get a small emergency fund, and then throw as much as you can to getting rid of debt. Beyond that, look for prudent investments.  They're not the same as conservative investments. To know what's prudent, learn about the ones you listed and what determines their prices.  Learn how or why they go up or down in value."}
{"_id": "377753", "title": "", "text": "Most of the years I filed while a non-resident of the US, I didn't owe a dime to the US government. Same was actually true for Canada, though I did have some income there that was eligible for taxation. AFAIK, even if I hadn't, I would have been required to file, but perhaps that isn't necessary for everyone."}
{"_id": "377770", "title": "", "text": "A wealth tax would help a lot more. Also, equalizing the rate on earned and unearned income would help.  Combine the two and there would be no revenue problem.  Next, dismantle the standing army. Problem solved. We've created a problem with a very easy solution. We're dumb."}
{"_id": "377774", "title": "", "text": "... yes you do, that is exactly how our system is set up... that is basically the whole point of the judicial branch...   The whole point is that the legislative branch has to do something in order to balance the system, but if they don't do anything that doesn't stop the rest of the government from using their constitutional powers..."}
{"_id": "377776", "title": "", "text": "Which will almost certainly cause more of a real estate bubble in the urban core.  If you can't afford to live there you don't get a good job and the local councils will strike down attempts to build more housing.  This will not end well."}
{"_id": "377784", "title": "", "text": "\"Kudos for wanting to start your own business.  Now let's talk reality. Unless you already have some kind of substantial track record of successful investing to show potential investors, what you want to do will never happen, and that's just giving you the honest truth. There are extensive regulatory requirements for starting any kind of public investment vehicle, and meeting them costs money.  You can be your own hedge fund with your own money and avoid all of this if you like.  Keep in mind that a \"\"hedge fund\"\" is little more than someone who is contrarian to the market and puts their money where their mouth is.  (I know, some of you will argue this is simplistic, and you'd be right, but I'm deliberately avoiding complexity for the moment) The simple truth is that nobody is going to just give you their money to invest unless, for starters, you can show that you're any good at it (and for the sake of it we'll assume you've had success in the markets), and (perhaps most importantly) you have \"\"skin in the game\"\", meaning you have a substantial investment of your own in the fund too.   You might have a chance at creating something if you can show that whatever your hedge fund proposes to invest in isn't already overrun by other hedge funds.  At the moment, there are more mutual and hedge funds out there than there are securities for them to invest in, so they're basically all fighting over the same pie.  You must have some fairly unique opportunity or approach that nobody else has or has even considered in order to begin attracting money to a new fund these days.  And that's not easy, trust me. There is no short or easy path to what you want to do, and perhaps if you want to toy around with it a bit, find some friends who are willing to invest based on your advice and/or picks.  If you develop a track record of success then perhaps you could more seriously consider doing what you propose, and in the meanwhile you can look into the requirements for laying the foundations toward your goal. I hope you don't find my answer cruel, because it isn't meant to be.  I am all about encouraging people to succeed, but it has to start with a realistic expectation.  You have a great thought, but there's a wide gulf from concept to market and no quick or simple way to bridge it. Here's a link to a web video on how to start your own hedge fund, if you want to look into it more deeply: How To Legally Start A Hedge Fund (From the Investopedia website) Good luck!\""}
{"_id": "377795", "title": "", "text": "There's huge slack in Asia it still needs to absorb before it has to worry about dilution. This was a record number, but it was only 9% growth over last year, and half were in ASPAC. As china's financial sector booms it's natural that the number of people there sitting for the CFA would explode as well."}
{"_id": "377802", "title": "", "text": "&gt; Have enough funds to run the business and pay yourself the first year, plus 30%  This is going to vary wildly depending on the particular business.  So much so that a rule of thumb would be impossible to define."}
{"_id": "377814", "title": "", "text": "pay off loans first, then invest. it's a guaranteed benefit. you could invest it and make great returns, or you could watch the market crash the next day and there goes your savings. no guarantee exists there. take the sure thing. that's my two cents."}
{"_id": "377831", "title": "", "text": "Well, when it comes down to it, it's not so much class, demographic, or belief system, as it is people I like. I'm certainly less likely to 'like' certain types of people, but I would rather be surrounded on a daily basis with people I'm comfortable with, and who I respect.   In a business setting, it would also be nice if they were effective at their job."}
{"_id": "377853", "title": "", "text": "Even where national law might allow such a practice, the law in an individual province or state (either for issuing or receiving bank) might not; or if that does then the receiving bank may have its own regulations or compliance practice which may not permit them to accept an altered cheque.  In any case, printed numbers are usually machine-readable, and a corrected cheque would not be.  The question needs a specific answer which addresses the specific circumstances involved (which are not stated, at the time of writing this), but for the general question \u201cShould I alter a printed cheque?\u201d the answer must be no. Cheque numbers are used for identification of the cheque. In many cases, there is no verification of uniqueness and it would be perfectly acceptable simply to use cheques with duplicate numbers: a cheque is merely an order to the bank to make a payment. But you would not be able to identify a particular payment on your statement, and neither would the issuing bank if you wanted one stopped. Where the number is verified as unique, then clearing the payment may be refused or at best delayed in order to be queried. Making an obvious amendment to a cheque\u2019s details is likely to raise a red flag. The receiving bank would not be able to tell if you did it, or the payee; they would not know why. They may suspect that it was done in order to render the cheque unidentifiable [even though the opposite is in fact the case] and refuse to accept it. They may refuse to accept it because it could not be read automatically. Any refusal would sour your relationship with your payees. Presumably your printing house (or your bank, if they printed them) has made the error: raise it with them and have them reprint the batch. Ask your bank what to do with the incorrect cheques: they may want them returned to the bank, or they may be happy for you to keep (and even use) them. If the latter, I suggest you shred them."}
{"_id": "377895", "title": "", "text": "\"The difference between being the first result on Google vs. the second can mean hundreds of thousands or even millions of dollars depending on the value of the search. 42% of people won't go past the third result.   Yelp is a popular site but has yet to make money and may never have the chance now that Google has started putting its Google Places results before Yelp's for local searches like \"\"Italian food downtown Chicago.\"\"   I like Google Flight and I'm glad I found out about it. The consumer tends to win in these scenarios.\""}
{"_id": "377896", "title": "", "text": "Prices vary massively depending on what needs to be done.  Could be as little as $100 for a press release to $10,000 per month retainer.  What we can do for you is contact any journalist that has written about BBQ sauces in the last 6 months, and target specific regions if necessary.    We can also do manual blogger outreach to gain coverage in the specific niches that may not give you lots of impressions, but are highly relevant.  Yeah you can do outreach yourself, but it makes sense to outsource it to focus on more important things like making quality sauce"}
{"_id": "377922", "title": "", "text": "90% fail 10% success  Just plug in some odds, because most of this is made up and a bunch of bologna anyway. Put a field in for their hurdle rate in the Excel spreadsheet and have your model always project 5% above their hurdle rate."}
{"_id": "377933", "title": "", "text": "This one was a dead one, and Amazon's only using half of it.  If Amazon's reputation is any guide, the mall won't be the only dead thing that was on that site.  As noted above, it is highly unlikely to see anyone there working directly for Amazon."}
{"_id": "377941", "title": "", "text": "\"I'm a contractor, and I usually throw in a extra few hours for free during the week. A lot of us do. You want the employer to know that you're willing to put in the effort to help them succeed.        On the other hand, if they asked me to work a specific amount of OT a week, I'd get time and a half.       And most companies aren't going to work you 7 days a week,, 10 hours a day. Maybe around crunch time, but the rest of the time work is pretty normal. When my company's gearing up for a new project, I usually have a few weeks where work is minimal, and I have very little to do. I figure it balances out. Although I thought the end of the article was pretty funny. Like it was a high school guy saying \"\"Oh, yeah, well I knew a guy who worked so hard he dropped dead. So there!.\"\"\""}
{"_id": "377944", "title": "", "text": "Brokerage->Brokerage 13-16 The loss from the previous purchase will be added to the cost basis of the security for the second purchase. Since you sold it at a loss again it would increase your losses. Your loss from the first sale will be disallowed. Your loss will be added to the cost basis of the next purchase. Your gains will be taxed on the total of the cost basis which will reduce your gains. Which you will taxed 'less'. Your gains will be taxed. Your loss is allowed. You will be taxed on both.  Wash Sales really only applies to losses. If you sell for gain, the tax man will be happy to take his share. From my understanding, it does not matter if it is IRA or Brokerage, the wash sale rule affects them all. Check this link: http://www.marketwatch.com/story/understanding-the-wash-sale-rules-2015-03-02"}
{"_id": "377957", "title": "", "text": "I've been looking for a Zildjian documentary that I saw on the TV a couple years ago. Can't seem to find it. It had a bunch of drummer greats playing and talked about the history and production.  I would love if someone could source it for me.  Edit: I think it's a Sabian doc for bravo Canada."}
{"_id": "377971", "title": "", "text": "\"It's better than nothing.  They have 145 million people.  My guess is they'd dump the frozen ones and not go through the hassle. Now if only Equifax would allow me to freeze.  Tried throughout the day Thursday and the web and phone system were glitched to hell.  Equifax admitted to \"\"One Hour.\"\"  BS.  It was all day.\""}
{"_id": "377991", "title": "", "text": "Your priorities should be: If you end up with additional debt from, say, credit cards, you should probably try to get rid of that first, as it's almost certainly at a higher interest rate than a subsidized student loan. Because you actually have a grace period, I assume these are Federally subsidized loans. Note that there are alternative payment plans available if you are unemployed/underemployed that you should take advantage of, if need be. See Income-based Repayment and related pages for details."}
{"_id": "378024", "title": "", "text": "\"If it is planned, then one can get a Bankers Check payable overseas; if destination is known. 1.) What will happen to the money? It will eventually go to Government as escheating. Unlcaimed.org can help you trace the funds and recover it. 2.) Will the banks close the accounts?   3.) After how much time will the banks close the accounts? Eventually Yes. If there is no activity [Note the definition of activity is different, A credit interest is not considered as activity, a authentic phone call / correspondence to change the address or any servicing request is considered activity] for a period of One year, the account is classified as \"\"Dormant\"\". Depending on state, after a period of 3-5 years, it would be inactive and the funds escheated. i.e. handed over to Government. 4.) Is there anything else to do? Any ideas? Before leaving? Try keeping it active by using internet banking or credit / debit cards linked to the account. These will be valid activities.  5.) Is there any way to send a relative to the US with any kind of paper of power, to unfreeze the accounts? 6.) The banks say they would need a power of attorney, but does that person actually need to be an attorney in the US, or can it simply be   a relative WITH a paper (a paper that says power of attorney) or what   is a power of attorney exactly, is it an actual attorney person, or   just a paper? 7.) Is there any other way to unfreeze the accounts? Although I can confirm first hand; I think there would be an exception process if a person cannot travel to the Bank. It could even be that a person is in some remote state, not well etc and can't travel in person. I think if you are out of country, you could walk-in to an US embassy and provide / sign relevant documents there and get it attested. Although for different purpose, I know a Power of Attorney being created in other country and stamped / verified by US embassy and sent it over to US. This was almost a decade back. Not sure about it currently.\""}
{"_id": "378040", "title": "", "text": "Might make more money if they partnered with ISPs and got a share of their revenue, since Netflix is basically a feature of the product that ISPs are selling, and we (mostly) assume everyone watching Netflix (legal or otherwise) has an internet connection."}
{"_id": "378059", "title": "", "text": "Just as the redistricting process redraws battle lines to strengthen incumbents, so will Samsung, Google and Apple raise ever bigger walls around their gardens.  Once the common enemy in Apple is vanquished, Samsung and Google will probably turn on each other. Waiting with my popcorn for that fight."}
{"_id": "378060", "title": "", "text": "Your answer will need loads of information and clarification, so I will ask you to visit the VAT and have a peruse. 1) Obligation is for you to find out the correct rate of VAT, charge and pay tax accordingly. You can call up the HMRC VAT helpline for help, which they will be happy to oblige. Normally everybody pays VAT every 3 months or you can pay once in a year. 2) Depends on your annual turnover, including VAT. Less than \u00a3150000 you join the Flat rate scheme. There are schemes for cultural activities. Might be good to check here on GOV.UK. 3) If you pay VAT in EU countries, you can reclaim VAT in UK. You need to reclaim VAT while filing in your VAT returns. But be careful about your receipts, which can be checked to verify you are not defrauding HMRC.  The basic rule is that B2B services are, as the name suggests, supplies from one business to another. And, subject to some exceptions, are treated as made where the customer belongs. No VAT is chargeable on B2B supplies to an overseas customer. But where you make a B2C supply, VAT depends on where your customer is located: 1) if they are outside the EU, you don\u2019t need to charge VAT 2) if they are located in an EU country, then you must charge VAT. Source All in all keep all records of VAT charged and paid to satisfy the taxman. If the rules get complicated, get an accountant to help you out. Don' take chances of interpreting the law yourself, the fines you might pay for wrong interpretation might be a deal breaker."}
{"_id": "378075", "title": "", "text": "It would involve manual effort, but there is just a handful of exclusions,  buy the fund you want, plug into a tool like Morningstar Instant X Ray,  find out your $10k position includes $567.89 of defense contractor Lockheed Martin,  and sell short $567.89 of Lockheed Martin.  Check you're in sync periodically (the fund or index balance may change); when you sell the fund close your shorts too."}
{"_id": "378087", "title": "", "text": "Wheels are a circular component of a car. There are four wheels in a car. The steering wheels are connected to the front axle of the car to perform left and right movement. There are many websites to customize these wheels. It can be a simple paint job, or you can change the entire shape of the wheels."}
{"_id": "378088", "title": "", "text": "You're can only get used (you are being used now,) if you let them.  Tell him that a 25% share is the minimum you'll take and that you'll hand him all the login information in the morning if he doesn't accept your terms. Don't bother explaining who did what, he surely knows. And if he doesn't, he surely won't have dome revelation by you telling him the work you did. Quit and learn your lesson and start a competition business exactly the same, and smoothly push your network to your own shop.   Your pal that took out the loan may be entitled to some more equity than you and the third guy, but $10k is really not much money in business. You guys should be making that in revenue in just a matter of weeks. Especially if you have to support three employees / shareholders.   Of course, we only know your side to this story. He may have spent a lot of time on licensing and using his personal network to accomplish certain things that you fail to mention here or are just unaware of."}
{"_id": "378099", "title": "", "text": "what i dont get is that the debt actually went down for once and not up and people seem to be unhappy about it because it was under trumps administration.    People need to get this in their heads that this is a win for the people. The nation is so split apart that when something positive it is meet with negativity. Who care if trump did it or not.  IT WENT DOWN thank jesus,buddha or tom cruise who ever but it went down."}
{"_id": "378102", "title": "", "text": "no different than me fast forwarding through tv commercials or picking up a magazine.    at least on a computer they can stop me from fast forwarding, which is huge.  and the more targeted advertisement is also huge, as they know my sex/age/and from cookies, who knows, job/interests/etc."}
{"_id": "378110", "title": "", "text": "\"In general, scholarship income that you receive that is not used for tuition or books must be included in your gross income and reported as such on your tax return.  Scholarship income you receive that is used for those kinds of expenses may be excludable from your gross income.  See this IRS information and this related question. I believe that as represented on the 1098-T, this generally means that if Box 5 (Scholarships and Grants) is greater than Box 1 or 2 (only one of which will be used on your 1098-T), you received taxable scholarship income.  If Box 5 is less than or equal to Box 1/2, you did not receive taxable scholarship income.  This TaxSlayer page draws the same conclusion. However, you should realize that the 1098-T is not what makes you have to pay or not pay taxes.  You incur the taxes by receiving scholarship money, and you may reduce your tax liability by paying tuition.  The 1098-T is simply a record of payments that have already been made. For instance, if you received $10,000 in scholarship money --- that is, actually received checks for that amount or had that amount deposited into your bank account --- then your income went up by $10,000.  If you yourself paid tuition, it is likely that you can exclude the amount of the tuition from your taxable income, reducing the tax you owe (see the IRS page linked above).  However, if you received $10,000 in actual money and in addition your tuition was paid by the scholarship (with money you never actually had in your own bank account), then the entire $10,000 would be taxable.  You do not give enough information in your question to be sure which of these situations is closer to your own.  However, you should be able to decide by looking at your bank account: look at how much money you received and how much you spent on tuition.  If you received more scholarship money than the tuition you paid out of pocket, you owe taxes on the remainder.  (I emphasize that this is just a general rule of thumb and should not be taken as tax advice; you should review the IRS information and/or consult a tax professional to determine what part of your scholarship income is taxable.) In addition, as this (now rather old) article from the New York Society of CPAs notes, \"\"many colleges and universities prepare 1098-Ts incorrectly and report tuition and related expenses inconsistently\"\".  This means you should be careful to reconcile the 1098-T with your own financial records of what money you actually received and paid.  When I was in grad school there was a good deal of hand-wringing and hair-pulling each year among the students as we tried to determine what relationship (if any) the 1098-T bore to the financial facts.\""}
{"_id": "378126", "title": "", "text": "GelomanIndianSpares is a biggest stockist of Indian motorcycle spares parts in the world. We provide a variety of spares or be able to order spare parts for your motorcycle and provide a support with qualified specialists. You can also go online to get the most effective and high-quality motorcycle spares parts from our online store.There are many online shops available in the market that provide various products, but we are the best spare parts provider."}
{"_id": "378135", "title": "", "text": "Be persistent, be entrepreneurial, never stop pushing.  Also be proactive in every way you can.  Go read that book.  Go meet people in the industry.  Does a friend have a friend who works in the industry? it doesn't matter if he doesn't have any job openings.  Meet 15 minutes for a coffee just to introduce yourself.  If there is an opening in the future I can guarantee you that person will in their head review who they met with before looking at resumes - people remember faces."}
{"_id": "378137", "title": "", "text": "Diversification is just one aspect in an investment portfolio. The other aspects in Investment are Risk Taking Ability, Liquidity, Local Regulations, Tax benefits, Ease & Convenience, Cost of carrying out transactions etc. Investing in other regions is prone FX risk and other risks depending on the region of investment. For example investing in Emerging markets there is a risk of Local Regulations being changed, additional tax being levied, or Political instability and host of such risks.  Investing in local markets give you better understanding of such changes and the risk associated is less plus the Ease of carrying out transactions is great, less expensive compared to cost of transactions in other markets. Diversification in Investment should also be looked upon how much you invest in; Equities Debt Bullion Real Estate   Once you have a sizeable amount of investment in Equities or Debt, it would then make more sense to diversify this portion more to include funds from other regions. Unless you are an Running your own business, it makes sense to invest in your line of business if that is performing well. The reason being that the benefit / returns from the equities is much greater than the salary rise / bonus. For example I am in Information Technology and yet invest in all leading IT companies because the returns from companies in these segments have been good."}
{"_id": "378154", "title": "", "text": "\"This is 100% accurate: \"\"Conversely, an industry with two or three firms can be more competitive than one with 50, such as supermarkets or online platforms like Uber where economies of scale can enhance competition between fewer but healthier players. The last 40-plus years of economic research is clear: Simply counting the number of firms in an industry tells you very little about competition.\"\"\""}
{"_id": "378161", "title": "", "text": "\"That argument is an argument for investing generally, not peer-to-peer lending per se, and the argument as phrased (\"\"thus you should invest your money at a Peer-to-peer loan platform\"\") is a false dichotomy. That said, as soon as one is investing as opposed to just getting a small but guaranteed return, then risk comes into play.  In that sense, any savings account is fundamentally different from any investment, and, in that reading, the two shouldn't be compared as different approaches to \"\"investing\"\".  Peer-to-peer lending as an investment could be aptly compared with stock market investing, for one.\""}
{"_id": "378162", "title": "", "text": "Also you have to be aware that there's an academic finance which is very nice and clean and mathematical, and then there is finance how it works in the real world, which is chaotic and unpredictable.  CFA books, as mentioned by another poster, would be good for learning the former, but don't expect that knowledge to be of any practical value unless you are trying to get a degree or certification.  If you do want to go that route, focus more on information about individual financial products and less on financial market behavior.   If you want to learn more about how the markets actually work I would have to say that it's going to be very hard without any industry experience.  When I started my first job after getting my finance degree I knew absolutely nothing about how things worked.  There are some good books, though more of a good story than teaching material.  Try Michael Lewis."}
{"_id": "378163", "title": "", "text": "https://www.google.ca/amp/s/amp.businessinsider.com/most-important-finance-books-2017-1  Bloomberg, finacial times, chat with traders, calculated risk, reuters, wsj, cnbc(sucks), bnn (if canadian)  Audio books on youtube helped me read a lot of finance books in a short amount of time, listen while working out.  One thing that helped me stand out at my student terms (4th year here) was learning outside of the classroom and joining an investment club. Learning programming can help if thats a strength, but its really not needed and  it can waste time if yoi wont reach a point to build tools.  Other than that at 18 you have more direction than i did, good luck!"}
{"_id": "378169", "title": "", "text": "\"What you are referring to is called an \"\"externality\"\" in economics. Efforts are often made by governments to internalize costs to groups and individuals that don't experience consequences of their actions.   But from another perspective, forces such as scientific advancement bring new methods of eliminating such consequences. Much like the Wall-E concept per the movie of the same name (technology reorganizing or converting what was previously waste).   This is another aspect of the free market, but it has what some economists call \"\"stickiness\"\" or delay from problem to solution, as scientific advances are often done via fiscal motives, urged on by the marketplace and public demand.\""}
{"_id": "378173", "title": "", "text": "\"If you are already invested in a particular stock, I like JoeTaxpayer's answer. Think about it as if you are re-buying the stocks you own every day you decide to keep them and don't set emotional anchor points about what you paid for them or what they might be worth tomorrow. These lead to two major logical fallacies that investor's commonly fall prey to, Loss Aversion and Sunk Cost, both of which can be bad for your portfolio in the long run. To avert these natural tendencies, I suggest having a game plan before you purchase a stock based on on your investment goals for that stock. For example a combination of one or more of the following: I'm investing for the long term and I expect this stock to appreciate and will hold it until (specific event/time) at which point I will (sell it all/sell it gradually over a fixed time period) right around the time I need the money. I'm going to bail on this stock if it falls more than X % from my purchase price. I'm going to cash out (all/half/some) of this investment if it gains more than x % from my purchase price to lock in my returns. The important thing is to arrive at a strategy before you are invested and are likely to be more emotional than rational.  Otherwise, it can be very hard to sell a \"\"hot\"\" stock that has suddenly jumped in price 25% because \"\"it has momentum\"\" (gambler's fallacy). Conversely it can be hard to sell a stock when it drops by 25% because \"\"I know it will bounce back eventually\"\" (Sunk Cost/Loss Aversion Fallacy).  Also, remember that there is opportunity cost from sticking with a losing investment because your brain is saying \"\"I really haven't lost money until I give up and sell it.\"\" When logically you should be thinking, \"\"If I move my money to a more promising investment I could get a better return than I am likely to on what I'm holding.\"\"\""}
{"_id": "378189", "title": "", "text": "@victor has the most descriptive and basic idea on how this is done.  The only thing I would add is that one benefit to real estate is that you can control how much the property is worth.  By increasing rents and making the property one of the best in the neighborhood, you increase the value. As for the comment that this is the type of investing that caused the 1929 stock market crash, there are many other aspects that are overlooked.  Taking equity out of real estate has been happening long before and after the depression.  People do it all the time by taking out home equity loans, just not everyone uses it to purchase another investment."}
{"_id": "378193", "title": "", "text": "This is a question I asked myself while considering an HSA, and I couldn't find any answers, so now that I have one, I'm answering it myself. I asked a family-friend/investment-banker about it, and he suggested you could only make distributions when on an eligible HDHP, but wasn't completely sure. I was about to post the question here to confirm or contradict his statement when I ran across IRS Publication 969 referenced in another SE question. In it, I found this statement under the 'Distributions From an HSA' heading:    If you are no longer an eligible individual, you can still receive tax-free distributions to pay or reimburse your qualified medical expenses. Which indicates that you can still make qualified, tax-free distributions even when you are no longer eligible to contribute. (Unless someone else has evidence to the contrary)"}
{"_id": "378194", "title": "", "text": "If employees are more productive, then you need less of them to produce the same amount as they did before. Companies want constantly increasing demand for their products so that their value does not decline as their growth and output increases. If companies do not increase pay with productivity, then no one can afford to buy up the increase in products and they become worthless."}
{"_id": "378218", "title": "", "text": "\"&gt;I've seen that happen many times.  I have too. Including several times where I was personally involved -- either on the hiring or the hired end; not to mention countless dozens of times with colleagues and coworkers.  Most people don't realize it, but the vast majority of positions never even make it to the \"\"help wanted\"\" stage -- someone is already lined up and hired before it gets to that point -- and a not insignificant number of the ones that *do* get posted as job listings, are also already filled (the company is just going through the motions, either as a negotiating tactic, or because they want to see what/who else is out there).  &gt;It happened with the position I'm in currently. I started out as a temp. Originally the job ad was some aimless posting about needing a new accountant, the accountant didn't even need a college degree if they had equivalent work experience. Then all of a sudden one week the posting changed to a copy-paste job of my work and educational experience (much more demanding than the previous ad).  Ha!  Means there is one SMART manager there (both for the fact that they DIDN'T demand the \"\"degree\"\" in the first place, and secondly because they knew how to work the system to get YOU hired full time).  Dollars to donuts... I'd be willing to bet you have a pretty good boss there.\""}
{"_id": "378222", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theatlantic.com/business/archive/2017/10/real-middle-class-tax-cut/541779/) reduced by 86%. (I'm a bot) ***** &gt; Gary Cohn, the White House&amp;#039;s chief economic adviser, says the president&amp;#039;s tax cut is &amp;quot;Purely aimed at middle-class families.&amp;quot; Steve Mnuchin, the Treasury secretary, promised Congress that tax reform wouldn&amp;#039;t benefit the rich.  &gt; The upshot: The Trump tax cuts are worse for low-income people, worse for the middle class, and better for the 1 percent than the tax cuts of the last Republican president.  &gt; A good way for Washington to reduce these families&amp;#039; tax burden would be to increase tax benefits, like the child tax credit and the Earned Income Tax Credit, which supplements the wages of lower-income workers and their families.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/742rzq/this_is_what_a_real_middleclass_tax_cut_would/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~221367 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **cut**^#2 **income**^#3 **percent**^#4 **Trump**^#5\""}
{"_id": "378258", "title": "", "text": "Nothing you posted addressed anything I wrote. We can't know the future warming without knowing climate sensitivity (the multiplier factor) We don't even know if that is positive or negative. Here is a direct quote from the last IPCC report:   Page 11:16 \u201cNo best estimate for equilibrium climate sensitivity can now be given because of a lack of agreement on values across assessed lines of evidence and studies.\u201d  Does that sound like 97% consensus? Does that sound like settled science upon which we should act?"}
{"_id": "378295", "title": "", "text": "\"And who can afford new high-density apartments? Rich people who run airbnb and rent out at the same crazy prices, foreign rich \"\"investors\"\" and large businesses who move into corprorate buildings. For the average joe who suffers the most from real estate bubble, the supposed solution of new motivated construction only becomes a solution after the bubble bursts, when the prices plummet and suddenly there's a lot of cheap but new apartments. Until then, when they actually need a solution there isn't one.\""}
{"_id": "378312", "title": "", "text": "It's not the words on the can that are wrong. It's the colors. They're practically undermining the marketing trademark they've had forever on the signature red cans. I would have assumed they re-designed the diet cans before I'd think to consider them as regular Coke ones."}
{"_id": "378319", "title": "", "text": "\"I feel the same way too!  With two kids, I feel like I am spending what it would cost to run a small country just on clothes, shoes, jackets, replacing everything as it is grown out of! A few things I do:  I shop in affordable places and check out sales, and look for the cutest things I can find there in a reasonable price range.  If you aren't browsing in the $60 baby dresses, you aren't tempted by them.  I don't go looking at $60 shirts for my son, he's five and he doesn't need a $60 shirt.  I also really only shop for him two or three times a year for clothing...back to school and early spring are the big ones.  For fall I got him five pairs of jeans, maybe 8 tops, new socks, etc.  I'll add in a couple of heavier sweatshirts, etc as I go, but I really don't browse for him...it's too easy to find something to buy! I look for inexpensive lines for the things that don't really matter...bright T's for my son for summer that just get dirty and spilled on, sleepers, socks, pj's, etc.  Joe Fresh, Walmart, Old Navy, Costco.  Then I choose a few things that I know I want brand name or more stylish options for, and find ways to buy them more cheaply.  These might be things like logo'd fleece tops, trendy jackets, things where the style is actually noticed.  I buy jeans at Old Navy for my son when they are on sale, I buy Gusti/Genevieve LaPierre snowsuits at Sears when they are 40% off in Sept/Oct.  The Childrens' Place has good quality, stylish clothing for kids and if you watch, they always have deals on their jeans or tops...then I stock up.  And for younger kids, Old Navy and The Children's Place jeans have adjustable waistbands.  I've already unrolled cuffs and let out the waist in my son's back to school jeans. I have friends who are starting to take in bags of too-small clothing to consignment shops...if they come away with $100, it's still $100!   For preteen and teen kids who want certain brands, etc, I think it is very reasonable to say \"\"we will pay x for each pair of jeans, or x for winter boots.  If you want to throw in some babysitting/birthday money and go buy something more expensive, you are welcome to do so!\"\"  That way, you are still paying for basics, but they can feel like they aren't stuck wearing things they don't like.  Tell them...you can buy 5 tops at $x each for back to school, or 10 tops at $x.   And lastly, and most sadly of all:  buy less..and stop shopping.  There, I said it out loud.  I try to be careful of what I buy, but I still find things I bought that were never worn.  Now I keep a return basket in laundry/mudroom...if I don't love it, if it seems impractical now that I got it home, if I wanted it just in case item #1 didn't work...it goes in the basket.  And I return them.  I suck it up, I take it with me and go get my money back.  Mistakes can be fixed if the items haven't been worn or washed.\""}
{"_id": "378337", "title": "", "text": "Right.  He essentially just did a deal with a bleeding company THAT HE IS IN CHARGE OF, and is guaranteed to make 9.75% on his $200mil.  Unbelievable.  Plus it caused Sears stock to jump 9% potentially giving him opportunity to unload some of his stock at what could be a high point for the future of the stock."}
{"_id": "378339", "title": "", "text": "Even though you can't find a job for a broadcast tech degree, you can find other jobs that suit you out of that field. A degree isn't the only thing that makes your job potential, experience, networking, certifications, and accomplishments do. You're smart enough to get a B.S. That's something most people can't do. You can go back to school and pursue another degree with a higher market value, learn a trade, find friends that can connect you in their field. I believe in ya bro."}
{"_id": "378342", "title": "", "text": "You can have a pretty good guess by looking at price pattern and order flow (size of the trades) a) price should be traded in a range b) relatively large size orders, speed."}
{"_id": "378355", "title": "", "text": "It's hard to argue against the bailout when the alternative scenario was unknown. Of course, there are hypothesis about what that would have looked like and I don't think any of them posit that we would have been better off.   People make this a political argument but it wasn't a political decision at the time."}
{"_id": "378359", "title": "", "text": "\"My understanding is that credit card companies are allowed to accept retirement income as part of the income that would qualify you for credit. The Consumer Finance Protection Bureau issued a final rule amendment to Regulation Z (the regulations around Truth in Lending Act) in 2013 in response to some of the tightening of credit that resulted from the Credit CARD Act of 2009.  The final rule allows for credit issuers to \"\"consider income and assets to which such consumers have a reasonable expectation of access.\"\" (Page 1)  On page 75, it outlines some examples: Other sources of income include interest or   dividends, retirement benefits, public assistance, alimony, child support, and separate   maintenance payments.... Current or reasonably expected income   also includes income that is being deposited regularly into an account on which the consumer is   an accountholder (e.g., an individual deposit account or joint account). Assets include, for   example, savings accounts and investments. Fannie Mae explicitly mentions IRA distributions in its Documentation Requirements on mortgage applications.  For them, they require that the income be \"\"expected to continue for at least three years after the date of the mortgage application.\"\" Lenders can reject or lower your credit limit for just about any reason that they want, but it seems appropriate for you to include your retirement distributions in your income for credit applications.\""}
{"_id": "378384", "title": "", "text": "\"Not sure what you are talking about.  The house isn't part of a business so neither of you can deduct half of normal maintenance and repairs.  It is just the cost of having a house.   The only time this would be untrue is if the thing that you are buying for the house is part of a special deduction or rebate for that tax year.  For instance the US has been running rebates and deductions on certain household items that reduce energy - namely insulation, windows, doors, and heating/cooling systems (much more but those are the normal things). And in actuality if your brother is using the entire house as a living quarters you should be charging him some sort of rent.  The rent could be up to the current monthly market price of the home minus 50%.  If it were my family I would probably charge them what I would pay for a 3% loan on the house minus 50%.   Going back to the repairs... Really if these repairs are upgrades and not things caused by using the house and \"\"breaking\"\" or \"\"wearing\"\" things you should be paying half of this, as anything that contributes to the increased property value should be paid for equally if you both are expecting to take home 50% a piece once you sell it.\""}
{"_id": "378390", "title": "", "text": "Which of these two factors is likely to be more significant?  There is long term trend that puts one favourable with other. .... I realise that I could just as easily have lost 5% on the LSE and made 5% back on the currency, leaving me with my original investment minus various fees; or to have lost 5% on both. Yes that is true. Either of the 3 scenarios are possible. Those issues aside, am I looking at this in remotely the right way?  Yes. You are looking at it the right way. Generally one invests in Foreign markets for;"}
{"_id": "378396", "title": "", "text": "My wife just got a Moto G off Amazon for [$80](http://www.amazon.com/Moto-Boost-Mobile-Prepaid-Phone/dp/B00HPP3VW2/) and is using it on Ting, which means if she keeps her mobile data usage down the phone should cost us about $10 - $15 a month.  It is an amazingly good phone for that price."}
{"_id": "378398", "title": "", "text": "You should see what your average weekly purchases are and set that aside in your checking/current account, then you should typically not be in danger of overdrawing. Doing this exercise will also help you get a better understaning of your spending and spending habits. For example if on average you spend $500 USD a week then put say $575 USD in your current account and you should not be in danger of over drawing and then having to go into your online account and make the transfer. I always tell people to setup a budget and to stick to it as best as they can, earmark money for dining out, entertainment, anything they can think of that they would spend money on, this way they can keep track of where it goes and how often and quick it goes."}
{"_id": "378400", "title": "", "text": "Well it depends on whether or not your differentiating against. If its capital stock or stock as in a share certificate in the company. If its a share in the company then in my opinion using Equity would be best as it is a form of an asset and does refer to a piece of ownership of the entity. I wouldn't consider a share of stock a service, since the service to you is say Facebook or the broker who facilitates the transaction of buying or selling FB stock. I also would not consider it a Capital Good, as the Capital Good's would be the referring to the actual capital like the servers,other computer equipments etc."}
{"_id": "378403", "title": "", "text": "if I have a asset A with expected return of 100% and risk(measured by standard deviation) 1%, and asset B with expected return of 1% and risk 100%, would it be rational to put asset B into the portfolio ? In the capital asset pricing model (CAPM), investors are rational and have access to perfect information. Asset A sounds like an excellent investment,  B like a lousy one -- B is probably very far from the efficient frontier. Investors know this, so A's market capitalization will be high, B's low. According to the CAPM, you should then do the same rational thing everyone else is doing, which is to buy a lot of A and very little of B (each in proportion to its market capitalization). Of course the CAPM is just a model, and like any model it is only as good as its assumptions. However, I think this particular application of the model gives a pretty reasonable common-sense answer to the question."}
{"_id": "378408", "title": "", "text": "I didn't have a a problem with BWW last time I went with a bunch of people. However that's was a while ago, their locations are sparse and inconvenient, and every pizza place serves wings. I don't remember their prices but I do know that attacking their target audience is a bad move."}
{"_id": "378412", "title": "", "text": "\"This is very true. I just don't know how much longer I can go because in order to promote at enterprise your \"\"insurance\"\" sales have to be a certain number for a three month average and I am pretty well below because I don't believe in the products. It feels impossible to sell something a person truly doesn't need.\""}
{"_id": "378414", "title": "", "text": "If you have an actual legal entity (legal partnership) that is jointly owned by you and your partner, then the partnership receives the money, and the partnership then sends money to you and your partner. Each of you will pay tax on your share. It's possible that the partnership itself may have to pay taxes. If you are not following that procedure in terms of actual money flow - for example if the royalties are paid into your personal account instead of a partnership account - then you may have trouble convincing the tax authorities that this is the legal situation. If this is a small amount of money then you may be better off just paying the taxes."}
{"_id": "378424", "title": "", "text": "\"Well, they can. Up to six years in many countries. There can be consequences. If you went to the dentist three years ago, were happy with the bill and returned every six months, and the dentist informs you that your six $200 bills should have each been $1,200 then it is obvious that you would have looked for another dentist if the first bill had been correct; in that case you have a very good reason to refuse to pay the difference on the other five bills.  (That's if you were not aware that the bill was wrong. If every time he fixed your teeth and the bill says \"\"examining your teeth\"\" which you would expect to be a lot cheaper, then maybe you should have known that the bill was wrong. Just an example).\""}
{"_id": "378427", "title": "", "text": "\"Yahoo Finance is definitely a good one, and its ultimately the source of the data that a lot of other places use (like the iOS Stocks app), because of their famous API. Another good dividend website is Dividata.com.  It's a fairly simple website, free to use, which provides tons of dividend-specific info, including the highest-yield stocks, the upcoming ex-div dates, and the highest-rated stocks based on their 3-metric rating system.  It's a great place to find new stocks to investigate, although you obviously don't want to stop there.  It also shows dividend payment histories and \"\"years paying,\"\" so you can quickly get an idea of which stocks are long-established and which may just be flashes in the pan. For example:  Lastly, I've got a couple of iOS apps that really help me with dividend investing: Compounder is a single-stock compound interest calculator, which automatically looks up a stock's info and calculates a simulated return for a given number of years, and Dividender allows you to input your entire portfolio and then calculates its growth over time as a whole.     The former is great for researching potential stocks, running scenarios, and deciding how much to invest, while the latter is great for tracking your portfolio and making plans regarding your investments overall.\""}
{"_id": "378432", "title": "", "text": "Definitely sounds like scam. Odds are are high that the page he gave you the link to is a fake and this app is pure identity theft. Run away, unless you are interested enough to do the work to check with the company and confirm this is legitimate.  Nobody contacts strangers with this kind of story without it being a scam. The fact that this one sounds shady is an attempt to keep you from questioning it too closely. Think about it: if it was at all legitimate, couldn't he find a friend of a friend? If it sounds too good to be true, it ain't true. Never download software unless you know exactly where it is coming from. It could be anything from ransomware, to something that first steals all you financial info, then uss you mail account to send a similar pitch to all your friends, to a botnet that uses your machine to attack other machines."}
{"_id": "378437", "title": "", "text": "\"While this does fall under the \"\"All-inclusive income\"\" segment of GI (gross income), there are two questions that come up.  I invested in a decentralized bitcoin business and earned about $230 this year in interest from it Your wording is confusing here only due to how bitcoin works.\""}
{"_id": "378465", "title": "", "text": "If it's a rental, you will write off the losses via Schedule E. You should read this document and its instructions to understand this fully. You will also take depreciation on the value of the building, not the land, over 27.5 years. If you don't understand this, search here, there are discussions that cover this.  If it's not a rental, but your home or second home, you take the interest and real estate tax off you tax via Schedule A, if you itemize. (I see the tag 'rental' but leave this line for sake of a complete answer.)"}
{"_id": "378479", "title": "", "text": "\"Cars depreciate the most their first year after introduction. So you could buy a \"\"new\"\" car in year 2 for the optimal price, and at year 4 (when you finish paying yours off) you could buy the next car in year 2 (this is surprisingly similar to rolling options in a buy-write strategy, an arguably more constructive use of your money)\""}
{"_id": "378484", "title": "", "text": "To quote the answer you linked to: Perhaps the simplest way to think about this is you can only deduct an expense that you actually incur. In other words, the expense should show up on a bank or CC statement. So, if your business purchased the $1000 gift card for $800, you should see a $800 charge appearing on a business CC or bank statement. You would therefore be able to deduct the $800, but not the full $1000 of items that you purchase with it. Side Notes:"}
{"_id": "378485", "title": "", "text": "The fee to withdraw cash from an ATM using your credit card (as opposed to your debit card) is akin to the merchant fees paid by any business that accepts your credit card as payment. These fees range from around 2.75% of the transaction to upwards of 5%, and are charged to the merchant. The fees are split among the various vendors that provide the infrastructure to conduct the credit card transaction \u2014 resulting in the merchant receiving the money and the charge on your credit account. These fees are used by each vendor to cover their costs and, ultimately, generate a profit. (Note: Most vendors in the value chain DO NOT receive any revenue from any interest you may pay on your outstanding balance.) Therefore, when you withdraw cash from an ATM, you are paying the merchant fees instead of whatever merchant you are purchasing goods/services from with the cash withdrawn."}
{"_id": "378502", "title": "", "text": "Elite Curbing, provides an innovative outlook to your yard landscape borders that make bring a higher level. If you want to clean and creative Landscape Curbing for your lawn layout which is important to the overall layout of your home. You can contact us our company website and our branch office which is located in North Dakota United States. Our product is the most durable, affordable and attractive which decreases upkeep cost and exertion."}
{"_id": "378507", "title": "", "text": "Straight line depreciation is marginal as far as I understand. It would be a flat expense each year. Unless you mean 2 mil year one and 4 mil for years one and two combined and it's just written ambiguously here. It seems pretty straight-forward to me. 10 mil rev per year operating increase. 6.5 mil operation expense increase. Net income= rev-expenses. Depreciation expense is not an operating expense. As far as relevant cash flows I guess if there's not omitted info in this post would just be the cash for the initial investment, the added expenses, the added revenue, the salvage sale."}
{"_id": "378508", "title": "", "text": "You might want to look up Dividend Yield Trap. Many stocks with high dividend yields got that way not because they decided to increase their dividend, but because their prices have dropped. Usually the company is not in good shape and will reduce their dividend, and you're stuck with a low-yield stock which has also decreased in price."}
{"_id": "378523", "title": "", "text": "You need to submit an updated return. The problem is that once three years have passed you can't update the return to get any kind of refund, but if they are going after you for the sale price of the stocks, not knowing the cost, your goal is to show them there was no gain, and in fact you'd have had the loss if you were aware of the account. This is less than ten years back, so the broker should be able to give you the statements pretty easily."}
{"_id": "378527", "title": "", "text": "No. You can sell anytime. I am in pedantic mode, sorry, the way the question is worded implies that you can sell only if it rises. You are welcome to sell at a loss, too.  Yes. The fund will not issue a dividend with every dividend it receives. It's more typical that they issue dividends quarterly. So the shares will increase by the amount of the undistributed dividends and on the ex-div date, drop by that amount. The remaining value goes up and down, of course, I am speaking only of the extra value created by the retained dividends."}
{"_id": "378538", "title": "", "text": "Dude you're literally trying to insult me by saying I have a job I don't have, but I guess there's not much you can actually say about my dope ass life. Go back to asking Reddit about which bars in NYC you can go to to make friends you awkward neckbeard lmaoo, talk about pathetic."}
{"_id": "378548", "title": "", "text": "Minimum wage goes up --&gt; some workers are eliminated/reduced --&gt; new hiring slows --&gt; wait --&gt; disposable income increases among those still employed --&gt; demand increases --&gt; employment goes up.   How is this confusing?   If anything still needs to be considered, it's what percentage increase of the minimum wage will most efficiently counteract the corresponding percentage drop in income from related lost wages."}
{"_id": "378581", "title": "", "text": "\"Do you know what \"\"usually\"\" means?  Ah Brown Paper Tickets ... they work with small acts at small venues. Many of the shows they are promoting were at fucking churches. Haha, Not the same as a medium-to-big name act at a \"\"real\"\" venue.\""}
{"_id": "378587", "title": "", "text": "History...  No company has maintained such a high market cap over an extended amount of time.   Not only that, but is Apple worth a trillion dollars?  In a generation will their products be as popular?  They're worth significantly more than Exxon Mobil at this point...  If Apple's market cap does go to a trillion dollars its an upside of 60 percent or so.  Or I can invest in a company like Lenovo whose market cap is 11 billion and is expanding like crazy.  If their valuation goes up even to the 50 billion mark, that's an upside of nearly 400 percent.  Plus there's the whole supply/demand dynamic for a stock that is already widely owned, how much more money can new investors put into it?  When will all the funds who hold massive quantities sell?  Etc...  There are many reasons why no company has maintained a trillion dollar valuation....    Honestly it shocks me that people who frequent a finance message board don't understand these things."}
{"_id": "378590", "title": "", "text": "There are dogshit parts of every field. Literally, every field. I went to an SEC school and don't know a single person who had good grades in finance that ended up in one though.  Everyone I know is murdering it.  Or, fuck my anecdotes, look at the actual data. Finance and Econ is above every non-science field (and plenty of science fields) which is exactly what I said.  http://www.payscale.com/college-salary-report/majors-that-pay-you-back/bachelors?page=23  So take this dumbass troll shit elsewhere. Not sure your vendetta against Finance - its as good as it gets for business majors."}
{"_id": "378594", "title": "", "text": "The most tax efficient way to get some cash would be to sell some stocks from the Fidelity account that have the lowest capital gains. The tax will typically be 15% of the capital gains. This will be a one-time cost which should save you money compared to paying 7.5% on the loan year after year. Tax on selling the stock options will probably be higher, since you imply there would be high capital gains, and some of the proceeds might even be taxed as income, not capital gains."}
{"_id": "378604", "title": "", "text": "&gt;In fact, a part of me is ready to accept America becoming what France and the UK are now, still having relatively good standards of living but nowhere near the height of their historical powers.  I am almost convinced that is the case."}
{"_id": "378611", "title": "", "text": "Corey Rockafeler is president of Vaalk Consulting Group. He is also small business financing expert and part of leadership team at Bell Funding Solutions in New York City. Some of the city\u2019s top businesses regard him as their first choice when it comes to securing growth and expansion capital. He offers complete financing solutions for growing business. His custom solutions include everything from multi-year terms, lines of credit, asset and collateral based loans, factoring and receivable financing to SBA and SBA bridge loans. When asked about his key to success, Corey stated, \u201cIt\u2019s all about passion"}
{"_id": "378616", "title": "", "text": "Besides the long-term concern about which is cheaper, which has already been addressed by other answers, consider your risk exposure. Owning property has financial risks associated with it, just like owning stocks or bonds. The risk-related downsides of owning a home as an asset include: The risk-related upsides of owning a home as an asset include: Taking on some risk can save you (or earn you) money in the long run (that's why people buy risky stocks, after all) but consider how well you're equipped to handle that risk before you rush out to buy on a naive analysis of what's cheaper."}
{"_id": "378618", "title": "", "text": "\"&gt;I'm always amazed when people come to the defense of large corporations. Target would NOT HESITATE to do ANYTHING possible to squeeze every dime, dollar, etc, out of each and every one of their customers.  &gt;When the customers do it, though, suddenly it's \"\"looting\"\", \"\"stealing\"\", etc? Fuck that.  You're right. They are both committing morally objectionable acts and both deserve to be shamed for it.  I realize thats not what you were really getting at, but that is MY point. You criticize the article for not chastising Target (and imply that they should be), but for chastizing customers when they \"\"do it\"\". Im sorry, but just because you think the corporation is more well off then the customers, doesnt make similar actions acceptable for consumers but wrong for the corporation. Its wrong no matter who does it and who they do it to.\""}
{"_id": "378629", "title": "", "text": "I would have been more willing to agree/discuss your ideas if you didn't come across like a child. Seriously if you want to have a discussion leave the childish name calling at the door. Your arguments should stand by themselves with out the need to attempt to belittle an opposing opinions with small minded words like whiny left..."}
{"_id": "378634", "title": "", "text": "\"&gt; All those receptionist that are being displaced by graduates  Receptionists aren't getting replaced by graduates.  They're being replaced by MS-Word 2010, Google Calendar, Facebook, etc.  Improving information technology means we need less people managing information by hand.  The law firm I did IT support for 20 years ago used to have 1 secretary for every attorney.  It's like 1 sec'y for every 5 attorneys now.  Those jobs are going away, that's the problem.  Another aspect of the problem is, those secretary jobs aren't being replaced with as many IT jobs.  Technological innovation means we need less people to do the same amount of work.  Maybe I'm not understanding your point here, or maybe you're not understanding mine.  I'm not arguing that re-structuring labor markets and occupations during recessions is a \"\"good\"\" thing.  I'm only arguing that this happens (find me any economist who won't agree on this point.)  It's not good or bad.  It exists.  This is what happens during a recession.    I am arguing that the prescription isn't to try to fight it.  Trying to keep people like the woman in TFA employed as receptionists isn't going to do any good in the long term for the economy.  If we try to keep real estate agents in business after the housing boom, or bankers afloat after the financial crisis, we're only punting on big structural economic problem for a later day, we're only continuing to put off essential evolution in the labor market.    I'm not arguing for any proscriptive solution here.  Candidly, I don't think there is one.  I think the woman in TFA needs to figure out on her own how to maximize her own economic potential.    It sucks, but this is what happens during a recession.  Using tax dollars to artificially prop up her employment prospects, while diminishing others employment prospects doesn't solve any problems at the macro level.  I don't understand what you're arguing for here.  I agree that there is a core problem right now with unemployment and not enough jobs.  But I'm not sure what solution you're offering, it seems to me that you're just arguing against basic economic theory here.\""}
{"_id": "378654", "title": "", "text": "Paper money and coins cost real resources too, but it doesn't matter much that it costs resources, except maybe for the environment.  No institutions controlling the price and supply is a good thing. I prefer a currency in which the global market decides the price and not some government I don't trust that keeps printing more and more for decades, causing the currency to lose value over time.  Bitcoin and cryptocurrencies will never replace normal currencies, but they are already competing and it's good that governments and banks  don't have an oligopoly anymore.   Bitcoin is a great mix of a currency and safehaven for longterm inflation. It's easily transactable and divisible without a third party AND because it's scarce, yet more accessible than gold, it's a great place to store value to escape an economic crisis or simply monetary inflation.  Now you'll probably say, something volatile isn't safe enough for a safehaven. But I think the higher the price and the longer it exists the less volatile the bitcoin price will be and that the longterm trend will be up, even after it surpasses the marketcap of gold.  Meanwhile, cryptocurrencies are a great way to crowdfund interesting projects and create value out of nothing, enriching young smart people whom will be able stimulate the global economy."}
{"_id": "378666", "title": "", "text": "Well, you know - unelected, apart from MEPs and the Council of Ministers.  The Commission is unelected, but they're meant to be the civil servants.   Are the rules made in the interest of Financial Services? Not particularly. You could perhaps make a case for them being made in the interests of French farmers."}
{"_id": "378681", "title": "", "text": "\"I don't think even an outlet format would be sustainable in the long run. Literally all the major brands and products they carry are already offered by more reputable retailers (Best Buy, BB&amp;Beyond, Home Depot, etc...)  The only way I could see it working out is if they offered in-house, low-quality alternatives. A \"\"Harbor Freight\"\" of everything except hardware.\""}
{"_id": "378694", "title": "", "text": "\"Ok, I stand corrected. Still... those papers are quite away from my field of expertise and I don't want to lose a lot of time learning all the financial lingo. I asked an easy question: \"\"Is this [the everything bubble] a thing or not?\"\" It seems that it's not, but I still wanted to know more about it.\""}
{"_id": "378711", "title": "", "text": "only job a friend found loosely in the field, with a degree in Economics was hustling investments to friends. He had supportive parents who let him move home, took an accelerated MBA program, graduated and now has an actual job in finance in the gov't."}
{"_id": "378755", "title": "", "text": "All of RonJohn's reasons to say no are extremely valid. There are also two more. First, the cost of a mortgage is not the only cost of owning a house. You have to pay taxes, utilities, repairs, maintenence, insurance. Those are almost always hundreds of dollars a month, and an unlucky break like a leaking roof can land you with a bill for many thousands of dollars. Second owning a house is a long term thing. If you find you have to sell in a year or two, the cost of making the sale can be many thousands of dollars, and wipe out all the 'savings' you made from owning rather than renting. I would suggest a different approach, although it depends very much on your circumstances and doesn't apply to everybody. If there is someone you know who has money to spare and is concerned for your welfare (your mention of a family that doesn't want you to work for 'academic reason' leads me to believe that might be the case) see if they are prepared to buy a house and rent it to you. I've known families do that when their children became students. This isn't necessarily charity. If rents are high compared to house prices, owning a house and renting it out can be very profitable, and half the battle with renting a house is finding a tenant who will pay rent and not damage the house. Presumably you would qualify. You could also find fellow-students who you know to share the rent cost."}
{"_id": "378765", "title": "", "text": "You whining butthurt projectionists can't stand up to any scrutiny. Stick to your weak propaganda hate sites if you can't handle reddit and having to deal with people that have their own views that aren't spoon fed to them by their news media.  How's that wall coming?  How's the Obamacare repeal going?  Did you stop all Muslims from coming into the country yet?  Normally I'm more tempered in this sub, but enough is enough, we cannot all your brand of stupid to infect threads without challenge anymore. You are not genuine, you are liars and self serving narcissists. Be gone."}
{"_id": "378766", "title": "", "text": "I could live with the design of the Tesla, but for me the deal breaker is that touch screen in the center console.  I don't want to take my eyes off the road to search through a menu.   Call me old school, but I prefer physical knobs to adjust things.     /get off my lawn."}
{"_id": "378781", "title": "", "text": "I'm trying to think it out, but I feel like it would be hard to justify using potential profit sources as material for dividends. Especially your example of wine. Wouldn't it be counterintuitive to take a hit to sales, while still having the cost of production?"}
{"_id": "378811", "title": "", "text": "\"&gt;The real question becomes, \"\"How much health, education and social care is it the government's responsibility to provide?\"\" or, to put it another way, \"\"What should I get for free at the expense of everyone else if I choose not to work?\"\"  I would answer: a set fraction of the mean income, distributed to *everyone* whether or not they have other income.\""}
{"_id": "378821", "title": "", "text": "Generally, if you are trend trading, and if the market as a hole is going up strongly and an individual stock is falling sharply on the same day, I would tend to stay away from buying that stock at the moment. The market is showing strength whilst at the same time the stock is showing weakness. The general rule of thumb for trend trading is to buy rising stocks in a rising market. Or you could look to short sell falling stocks in a falling market."}
{"_id": "378825", "title": "", "text": "\"A more serious problem: how do you know who's really buying your stock? \"\"Shell companies\"\" are an increasingly obvious problem in corporate and tax accountability. There are jurisdictions where companies can be created with secret lists of directors and shareholders. If stock is bought by one of these companies, it is very hard to trace it to a particular individual.\""}
{"_id": "378834", "title": "", "text": "&gt; She's asking for society to pay her a reasonable wage for her labor.  and the market responded.  &gt;Why is that for folks like you, it's always fine if companies raise prices; but if employees want a higher wage, it's an outrage?  Wat? She is free to ask for any amount she wants, just as your phantom company can ask for any amount for a product. Ohhhh you left out the part where you want daddy government to FORCE others to use a wage floor."}
{"_id": "378843", "title": "", "text": "\"All you have to do is survey the main cast of characters in finance and politics to assess the generational culpability. Dimon, Blankfein, Geithner - all Gen X.   This crisis was about Gen X refusing to hold their own accountable so as not to lose face with Baby Boomers.  Gen X wasn't raped. The \"\"financial copulation\"\" was consensual\""}
{"_id": "378844", "title": "", "text": "The NYT is a very left leaning publication that usually advocates for *more* government. The current situation is a general pointed to by small government types as direct result of government fuckery making things worse than they would have been otherwise.  FTR- id like to see healthcare benefits taxed as regular payroll.  Then this problem would solve itself almost overnight."}
{"_id": "378860", "title": "", "text": "It's not losing either of those. In both areas there is potential for damage arising from Brexit, but it remains to be seen how bad this will be. London will remain the largest financial centre in Europe for the next decade regardless of the outcome of the negotiations.  If the City gets a good deal, it will remain the financial capital of the world."}
{"_id": "378871", "title": "", "text": "This is a wonderful comprehensive answer as it relates to transferring goods, and evaluating profitability. I would like to add to your post and comment about a few other costs that are transferred.  First though, I disagree with your comment about transfer pricing being about opportunity cost. I think transfer pricing is first and primarily about the matching principal. Properly matching expenses incurred to the revenues generated from those expenditures, or in the case of period expenses, to those entities that received a benefit in the proper period. I don't work in tax, so I'm by no means an expert in this subject, but I am a CPA and I feel I have a solid understanding of the subject.  Some additional items going through TP might be: interest, shared corporate services, the amortization of intellectual property, technology fees, and depreciation charges. This is not a comprehensive list, and please don't take it as such.   None of these need apply to every company, and certain industries and even individual companies will have exceptions. For example, for various reasons, a multi-national conglomerate may choose to maintain separate treasury functions for it's vastly different businesses, so you may not see much interest TP.   Interest is pretty straight forward, and is the interest a company is paying on a debt. Not all interest is transferable, but a classic example might be borrowed funds used for an acquisition. The interest cost associated with that should be transferred in part back to the original entity. Short term borrowing costs used for operating capital is another classic example.   Shared corporate services are centralized functions like a legal department, accounting department, executive offices, and the like. This can also be an IT department or in the instance of an international website (maybe google), an operations team monitoring the server loads and up-times.  IP could just be patents that have definite lives that a number of businesses are benefiting from. IP is a bit of a mess to get into for various reasons and I'm trying to stay focused in this post. Some reasons for complexity include: the valuation, life of the asset, benefit of use, is the entity even really using it?, etc. I would imagine this is where companies get away with A LOT.   Technology fees can be software licenses (Windows ain't free).  Depreciation can be capitalized proprietary software.  I'm running out of gas and wanted to comment about OP's question.   I don't think SLA's and Internal billing services are a matter of directly increasing efficiency, more a matter of not creating inefficiencies. Going anecdotal, anywhere I've worked, the best person to do the job has been whoever's closest to the work. It wouldn't make much sense to me  to have accounting gather up internal support during the VERY time sensitive month-end close for something like one division's trade magazine that another division placed an ad in. On the other hand, I think the allocation of copy expenses on an activity basis is an absolute waste of time. It all depends on the specific transaction in question.  Great post bctich. Don't mean to detract, just looking to help others understand."}
{"_id": "378872", "title": "", "text": "Typically, this is not an option, as the monthly payments are fixed. It depends on the willingness of your financing bank for such a change. You probably will have to refinance (with them or another lender); which is not a bad thing, as you even can get a lower interest rate potentially (as of Jan 2017 - this will change). Consider too: It could be a better solution to instead invest the 25000, and use the investment returns to fill up the difference every month. Certainly more effort, but you probably come out ahead financially."}
{"_id": "378888", "title": "", "text": "Isn't that why it basically failed in it's beginning?  Most people didn't buy into it.  IMO most products the fail to live up the hype die a horrible death and are never seen again.  Just so happens that the Segway actually has an applicable use, even if the original marketing push was in the wrong direction."}
{"_id": "378889", "title": "", "text": "\"Often these types of trades fall into two different categories.   An error by broker or exchange.  Exchange clearing out part of their books incorrectly is an example.  Most exchanges make firms reopen their positions for after market hours.  There may have been an issue doing so or exchange could incorrectly cancel positions.  I was in the direct feed industry for years and this was a big issue.  At the same time the broker can issue a no limit buy on accident (or has software that is prospecting and said software has a bug or written poorly).   unscrupulous parties looking to feign an upswing or downswing in market.  Let's say you hold 500k shares in a stock that sells for $11.  You could possibly buy 100 shares for $13.  Trust me you will find a seller.  Then you are hoping that people see that trade as a \"\"norm\"\" and trade from there, allowing you to rake in $1M for spending an extra $200 - NOTE this is not normal and an extreme example.  This was so common in the early days of NASDAQ after hours that they discontinued using the after hours trades as part of historical information that they keep like daily/yearly high or closing price.  The liquidity allows for manipulation.  It isn't seen as much now since this has been done a million times but it does still happen.\""}
{"_id": "378906", "title": "", "text": "Short answer: No, it only matters if you want to use covered calls strategies. The price of a share is not important. Some companies make stock splits from time to time so that the price of their shares is more affordable to small investors. It is a decision of the company's board to keep the price high or low. More important is the capitalization for these shares. If you have lots of money to invest, the best is to divide and invest a fixed pourcentage of your portfolio in each company you choose.  The only difference is if you eventually decide to use covered call strategies. To have a buy write on Google will cost you a lot of money and you will only be able to sell 1 option for every 100 shares. Bottom line: the price is not important, capitalization and estimated earnings are. Hope this answers your question."}
{"_id": "378946", "title": "", "text": "I agree.  Billing by the hour for a sole-proprietorship is the exception, not the norm.  You either usually sell a product for a fixed price or provide a service via contract for a total sum.  That and the term 'sole proprietorship' doesn't preclude you from having thousand of employees working for you."}
{"_id": "378960", "title": "", "text": "You pay for the traction, not the technology. What's valuable about Slack is that a lot of companies use it and have become accustomed to it. It's the same reason why Facebook paid billions for WhatsApp even though it's nothing to write home about technology wise."}
{"_id": "378972", "title": "", "text": "Typical wire transfers are not with 4-5%; but it all depends on the bank that does the transfer. You can chose to send ('wire') the money in source currency or in US $; the former, the target bank in the US does the conversion (so pick one that adds no or little spread); the latter, the sending bank does the conversion (so ask about their fees/spreads). I have multiple times transferred money across the ocean (though not from Japan), and never paid more than 0.3% + ~40 $ flat. It should be possible to get te same range. Note that if you look around for current offers, you might be easily able to even make some money on it - some US banks are eager for new money, and offer 200+$ bonus if you open an account and bring (significant =15k$+) new money to them."}
{"_id": "378974", "title": "", "text": "Calculation. To\u00a0calculate\u00a0the DJIA, the sum of the prices of all 30 stocks is divided by a divisor, the\u00a0Dow\u00a0Divisor. The divisor is adjusted in case of stock splits, spinoffs or similar structural changes, to ensure that such events do not in themselves alter the numerical value of the DJIA."}
{"_id": "378985", "title": "", "text": "\"Opening 50 in Manhattan seems like it would be over-saturation and not the best idea.  The Food &amp; Wine article that NYDN links to says \"\"50 locations around the city's five boroughs\"\" which makes a lot more sense to me. 50 brick and mortars for 8.5 million+ isn't as crazy as 50 in just Manhattan.\""}
{"_id": "378994", "title": "", "text": "The last column in the source data is volume (the number of stocks that was exchanged during the day), and it also has a value of zero for that day, meaning that nobody bought or sold the stocks on that day. And since the prices are prices of transactions (the first and the last one on a particular day, and the ones with the highest/lowest price), the prices cannot be established, and are irrelevant as there was not a single transaction on that day. Only the close price is assumed equal to its previous day counterpart because this is the most important value serving as a basis to determine the daily price change (and we assume no change in this case). Continuous-line charts also use this single value. Bar and candle charts usually display a blank space for a day where no trade occurred."}
{"_id": "379023", "title": "", "text": "EDIT: new ideas based on the full story. I wouldn't worry about the price history.  While it is certainly true that some buyers might try to leverage that information against you, the bottom line is the price is the price.  Both the buyer and the seller have to agree.   If the initial listing was too high, then lower the price.  If that isn't low enough, then readjust down.  I see no harm in moving the price down over time repeatedly.  In fact, I thin that is a good tactic to getting the most for the house.  If you happen to have the luxury of time, then keep lowering that price until it sells.  Don't fret how that behavior appears. You can lower the price as often as you like until it sells.  I am not a real estate agent, and I am a terrible negotiator, but I would lower the price every quarter until it sells.  You can't go down to fast (a buyer might wait you out) and you can't wait to long as you stated.  Also, if you house is priced inline with the neighborhood, you can at least get offers and negotiate. Buy asking for such a premium (25%) folks might not even make an offer. You simply need to decide what is more important, the selling price or the time frame in getting it sold. If you house doesn't sell because the market doesn't support your price, then consider keeping it as a rental.  You can do it yourself, or if you are not interested in that (large) amount of work, then hire a rental management company to do it for a fee. Renting a home is hard work and requires attention to detail, a good amount of your time and much labor.  If you just need to wait a couple of years before selling, renting it can be a good option to cover your costs while you wait for the market to reach you. You should get advice on how to handle the money, how to rent it, how to deal with renters, and the the laws are in your jurisdiction. Rent it out to a trusted friend or family member for a steal of a deal.  They save money, and you get the luxury of time waiting for the sale. With a real estate lawyer you hire, get a contract for a lease option or owner finance deal on the house.  Sometimes you can expand the market of people looking to buy your house.  If you have a willing purchaser will bad credit, you can be doing them a favor and solving your own issue.  It costs money and you will make less on the sale, but it could be better than nothing. Take heed, there is a reason some people cannot get a traditional loan on their own.  Before you extend your good name or credit think about it.  It is another hassle for sure. This won't help if you have to pay off a mortgage, but you could donate it.  This is another tricky deal that you really need to speak with a lawyer who specialize in charitable giving.  There are tax benefits, but I would make any kind of a deal where tax deductions are the only benefit. This is common enough these days.  If you are unable to pay for the mortgage, it benefits you and the bank to get into a short sale arrangement.  They bank gets probably more money than if they have to foreclose (and they save money on legal fees) and you can get rid of the obligation. You will do a deed in lieu or the short sale depending on how the market it and what the house can be sold for.  You and the bank will have to work it out. This will ruin for a credit for a while, and you will not likely qualify to get a new mortgage for at least a few years. You can stop paying your mortgage, tell the bank and they will foreclose.  This is going to ruin your credit for a long time as well as disqualify you from mortgages in the near future.  Don't do this.  If you are planning a foreclosure, take the time to contact your bank and arrange a short sale or a deed in lieu.  There isn't really any excuse to go into foreclosure if you are having problems.  Talk to the bank and work out a deal."}
{"_id": "379032", "title": "", "text": "BATS here means your data feed is coming from BATS only. You're not seeing up to date prices from NASDAQ, NYSE or any other of the ECNs. For a liquid equity like AAPL, BATS prices are typically up to date but for a less liquid listing, you wouldn't always see the NBBO. To get live feeds from every ECN, you have to pay. BATS is offering this information freely and that's why you're seeing it now. AAPL is listed on NASDAQ but you can trade pretty much everything on BATS, just like on other ECNs and exchanges."}
{"_id": "379057", "title": "", "text": "\"It's not well-defined, since the [term \"\"middle class\"\"](https://en.wikipedia.org/wiki/Middle_class) has been used in *dramatically* different ways.  However:  &gt;The modern sociological usage of the term \"\"middle class\"\", however, dates to the 1911 UK Registrar-General's report, in which the statistician T.H.C. Stevenson identified the middle class as that falling between the upper class and the working class. Included as belonging to the middle class are professionals, managers, and senior civil servants. The chief defining characteristic of membership in the middle class is possession of significant human capital. &gt; &gt;Within capitalism, middle class initially referred to the bourgeoisie and petite bourgeoisie. However, with the immiserisation and proletarianisation of much of the petit bourgeois world, and the growth of finance capitalism, middle class came to refer to the combination of labour aristocracy, professionals and white collar workers. &gt; &gt;The size of the middle class depends on how it is defined, whether by education, wealth, environment of upbringing, social network, manners or values, etc. These are all related, though far from deterministically dependent. The following factors are often ascribed in modern usage to a \"\"middle class\"\":[by whom?] &gt; &gt;    Achievement of tertiary education. &gt; &gt;    Holding professional qualifications, including academics, lawyers, chartered engineers, politicians and doctors regardless of their leisure or wealth. &gt; &gt;* Belief in bourgeois values, such as high rates of house ownership and jobs which are perceived to be \"\"secure\"\". &gt; &gt;* Lifestyle. In the United Kingdom, social status has historically been linked less directly to wealth than in the United States,[4] and has also been judged by pointers such as accent, manners, place of education, occupation and the class of a person's family, circle of friends and acquaintances.[5][6] &gt; &gt;* Cultural identification. Often in the United States, the middle class are the most eager participants in pop culture whereas the reverse is true in Britain.[7]  The highest income professionals in the United States are IIRC neurosurgeons, which average ~$400k, so that's probably about as far as the middle class can extend.  Then there's the [upper class](https://en.wikipedia.org/wiki/Upper_class):  &gt;The main distinguishing feature of upper class is its ability to derive enormous incomes from wealth through techniques such as investment and money management, rather than engaging in wage-labor or salaried employment.[4][5][6] Successful entrepreneurs, CEOs, politicians, investment bankers, some lawyers and top flight physicians, heirs to fortunes, successful venture capitalists, stockbrokers as well as most celebrities are considered members of this class by contemporary sociologists, such as James Henslin or Dennis Gilbert.[4] There may be prestige differences between different upper-class households. An A-list actor, for example, might not be accorded as much prestige as a former U.S. President,[5] yet all members of this class are so influential and wealthy as to be considered members of the upper class.[4]  The [working class](https://en.wikipedia.org/wiki/Lower_class):  &gt;As with many terms describing social class, working class is defined and used in many different ways. When used non-academically, it typically refers to a section of society dependent on physical labor, especially when compensated with an hourly wage. Its use in academic discourse is contentious, especially following the decline of manual labor in postindustrial societies.  And the [underclass](https://en.wikipedia.org/wiki/Underclass) or poor:  &gt;The underclass is located by a collection of identifying characteristics, such as high levels of joblessness, out-of-wedlock births, female-headed households, crime, violence, substance abuse, and high school dropout rates. The underclass harbors these traits to a greater degree than the general population, and other classes more specifically.  Obviously, it's all a set of essentially arbitrary and artificial lines to draw; we don't have a true class system (as existed in the Middle Ages, where there were real legal distinctions between members of the clergy, the nobility, and the peasants, or as happened under India's caste system).\""}
{"_id": "379062", "title": "", "text": "&gt;Your line of reasoning is why you should have a timeline on a prediction. It's been, what, 12 years now of near constant assertions that huge inflation is just right around the corner. How long should we wait for it?  It's like you rose to counter-attack and simply completely side-stepped and ignored his actual point."}
{"_id": "379065", "title": "", "text": "There are multiple ways in which you can get money to India; - Citi Bank / HDFC Bank offere similar services [and the credit account can be ICICI Bank] - Ask for a Wire/SWIFT transfer, there would be some changes [in the range of USD 30] - Ask for a company check, it would take around 30 days for you to encash in into your bank account in India."}
{"_id": "379095", "title": "", "text": "W kolekcji fototapet do kuchni i jadalni znajdziecie Pa\u0144stwo soczyste, pobudzaj\u0105ce zmys\u0142y, pachn\u0105ce obrazy i zdj\u0119cia m.in. produkt\u00f3w spo\u017cywczych, kt\u00f3re doskonale wpisuj\u0105 si\u0119 w dekoracyjne aran\u017cacje w\u0142a\u015bnie tego typu pomieszcze\u0144. Aromatyczne i smaczne wn\u0119trze, namawiaj\u0105ce do inspiracji i podr\u00f3\u017cy kulinarnych stworzysz dzi\u0119ki naszym wzorom fototapet do kuchni i jadalni. A przy okazji dodadz\u0105 smaku twoim codziennym posi\u0142kom."}
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{"_id": "379116", "title": "", "text": "Another bit of advice specific to your scenario. Consider buying an ALMOST new car. Buying last year's model can knock a huge amount off the price and the car is going to still feel very new to you, especially if you buy from a dealer who has had it detailed."}
{"_id": "379140", "title": "", "text": "Oil as a commodity or investing in oil companies as a stock?  As a commodity, I'd recommend none. The article Commodities \u2013 They Have (Almost) No Place in Your Portfolio and The Case Against Commodities explain why commodities are not good investments."}
{"_id": "379167", "title": "", "text": "*Does this mean all the people on the right decrying the president for letting gas prices get so high will shush so we can hear all the people on the left bragging about how his leadership is bringing prices back down?*  News like this in an election year makes for the dumbest commentary."}
{"_id": "379170", "title": "", "text": "A 2.5% fee is standard, and you're not likely to avoid a transaction fee when withdrawing cash from an ATM.  You'd do better to get foreign currency before leaving the US, or to use a credit card abroad.  Capital One has a credit card with no fee on foreign-currency purchases, for example.  Another option is to open a bank account in the foreign currency, if you go to a particular country often enough to make it worthwhile."}
{"_id": "379189", "title": "", "text": "\u201cThe plot of land definitely is going to give better results in long term.\u201d  Will it? Land is not guaranteed to go up in value. And a car can provide more employment opportunities for you. You need to look at your specific situation\u2014with specific numbers\u2014rather than using rules of thumb as hard guidelines."}
{"_id": "379191", "title": "", "text": "\"It is true their money making businesses were already established but this was mostly appealing to \"\"enterprise\"\" and they were again at risk of pidgeon holing their market to big business, not being a leader of innovation. This way they will tap into a much bigger market.\""}
{"_id": "379201", "title": "", "text": "Interest rates are at historic lows. In my opinion they can only go up from here. With that in mind, it is best to lock in interest rates now.  I would only take an adjustable rate if I expected my personal income to increase in excess of the increase in interest rates.  I hold that the recent technology of fracking has driven down the price of energy. I also believe that this is a short term situation and energy prices will return, and have already begun to do so. With the price of energy going up, inflation will return."}
{"_id": "379213", "title": "", "text": "\"Beatrice does a good job of summarizing things.  Tracking the index yourself is expensive (transaction costs) and tedious (number of transactions, keeping up with the changes, etc.)  One of the points of using an index fund is to reduce your workload.  Diversification is another point, though that depends on the indexes that you decide to use.  That said, even with a relatively narrow index you diversify in that segment of the market. A point I'd like to add is that the management which occurs for an index fund is not exactly \"\"active.\"\"  The decisions on which stocks to select are already made by the maintainers of the index.  Thus, the only management that has to occur involves the trades required to mimic the index.\""}
{"_id": "379221", "title": "", "text": "You're spot on. I'm coming in because he thinks nobody else is doing a good job, and he's hoping we can turn things around.   Everyone will know who I am, complete with family gossip. The existing culture will NOT be helpful.    Perhaps a softer teamwork approach would be best in this instance? Slowly work up and earn respect and assume responsibility."}
{"_id": "379232", "title": "", "text": "\"$36 dividend/900 DJIA = 4% 5.5% bond yield = ($36 dividend/660 DJIA) Graham wrote this at a very different time in financial markets- interest rates were much higher, and the DJIA much lower. In addition, bonds were yielding more than stocks, unlike today when the DJIA % the 10yr Treasury yield 2.63% and 2.13% respectively. In addition, his \"\"weigher of the odds\"\" suggests waiting to invest until equity prices are lower (usually dividends aren't reduced), and therefore the DJIA dividend yield would rise relative to bond yields.\""}
{"_id": "379233", "title": "", "text": "In order for you to be able to talk to the FTB on someone's behalf, that someone has to submit form 3520. Note that since you're not a professional, this form must be paper-filed (CRTP, EA, CPA or attorneys can have this filed on-line). Once the form is accepted by the FTB, you can contact the FTB on behalf of your friend. Pay attention: you're going to represent the partnership, not the individual."}
{"_id": "379252", "title": "", "text": "I'd say it really depends on the type of job.  If it's manufacturing, then sure, you want to operate equipment safely.  If the job is administrative, operations or engineering...then no, I'm not going to teach you the position for which you should be qualified for.  I will however show you what is expected (how we conduct business)."}
{"_id": "379275", "title": "", "text": "pump and dump is a common Illegal practice of boiler room operations. It refers to the talking a stock up, both through word of mouth as well as selling shares to unwitting buyers. I fail to see much difference between that practice and this."}
{"_id": "379299", "title": "", "text": "You could create your own spreadsheet of Cash Flows and use the XIRR function in Excel: The formula is:"}
{"_id": "379303", "title": "", "text": "Kind of.  You want to alter the kinds of foods you eat for life, such as cutting out soda and fast food.  But the purpose of a diet is to lose weight, which means consuming fewer calories than you burn.  When you're at a healthy weight, you want to maintain it, which means eating the same amount as you burn.  So at some point, the dieting does stop, but that doesn't mean you go back to eating shit, it just means you have to eat a bit more to maintain your weight."}
{"_id": "379307", "title": "", "text": "\"Finally some good examples!   So clearly this is an issue, and many large companies do similar shenanigans. But the divisions being cut are massively unprofitable anyhow, even with these crappy tricks.   I agree that a company like GE should be looking long term, but I'm not sure what % they do in technology R&amp;D so I'm not prepared to be too harsh on that front.  I absolutely agree that having non software engineers write software is a long term failure. Even smart engineers who can pump out software often do so without having learned the lessons that software companies learn. Resulting in short term results followed by long term pain.   Anyhow. Thanks for a real response. I wonder if the divisions being cut need to be cut or sold off regardless. But I think every large org should look at examples like this and not try to play the \"\"this quarter is good\"\" game.\""}
{"_id": "379311", "title": "", "text": "Now company A has been doing ok for couple of weeks, but then due to some factors in that company its stock has been tanking heavily and doesn't appear to have a chance to recover. In this kind of scenario, what does happen?  In this scenario, if that company is included in the index being tracked, you will continue holding until such time that the index is no longer including that company.   Index funds are passively managed because they simply hold the securities contained in the index and seek to keep the allocations of the fund in line with the proportions of the index being tracked.  In an actively managed fund the fund manager would try to hedge losses and make stock/security picks.  If the manager thought a particular company had bad news coming maybe they would offload some or all the position.  In an index fund, the fund follows the index on good days and bad and the managers job is to match the asset allocations of the index, not to pick stocks."}
{"_id": "379314", "title": "", "text": "\"No one is FORCED to use leverage. But most people do. Trading companies like it because, the more leverage, the more \"\"business\"\" (and total commissions). If someone starts with $1 million and leverages it up ten times to ten million, companies would rather do ten million of business than one. That's a given. On the other hand, if you're Warren Buffett or Bill Gates, and you say I want to do $1 billion of FX, no leverage, no trading company is going to turn it down.  More often, it's a company like IBM or Exxon Mobil that wants to do FX, no leverage, because they just earned, say $1 billion Euros. Individuals USUALLY want to use more leverage in order to earn (or lose) more with their capital.\""}
{"_id": "379323", "title": "", "text": "When the church pews begin to show age or deterioration, the best solution is to opt for the church pew restoration. Along with the appearance, the functionality of the church would as well see a boost. At The Keck Group, INC., we offer the finest craftsmanship at the fairest price in the industry.  Thanks to our outstanding work of restoration, you can surely receive the rave reviews for pews from the congregation."}
{"_id": "379353", "title": "", "text": "If you don't have much money, and more important, don't itemize, donations are strictly between you and your karma. If you itemize (from a combination of mortgage interest, property tax, and state tax), by donating used goods, you can get some return on your taxes, and feel good about yourself.  When I donate at charity time (December for me) I don't look at every $1000 check as a $250 benefit back to me, although that's the effect. I care deeply about the charity's cause and have personally visited each of them. You want to drop $50 to some huge agency that's funding cancer research? No objection. But when I visit a Veteran's Center or School for the Blind, I can see the good work my money is doing."}
{"_id": "379357", "title": "", "text": "No, not screwed. This is just an artifact of the tax code and year end dividends.  You paid a tax, and in return, got a higher basis. When you sell, you will have less profit, therefore less tax to pay than the guy who bought right after the dividend.  You can call the fund company if you want to buy later this year. Once you understand the process, it might not bother you at all."}
{"_id": "379368", "title": "", "text": "The simple answer is to get a residential mortgage first, and once you have secured the loan, do whatever you want.  The bank only cares about what risk they are taking on the day of closing and won't care afterwards so long as you pay the mortgage on time. Residential mortgages are going to give you better rates than rentals, generally."}
{"_id": "379387", "title": "", "text": "I will use 10% of this 20K to pay the loan back on an annual basis agreement An annual payment of 0.8% ($2,000 / $250,000) is nowhere near large enough.  The interest alone is going to be well over $10,000 (and probably closer to $20,000 on an unsecured loan), so you need to plan for at least a $20,000 - $30,000 annual payment, depending on the terms (length and interest rate) on the loan.   But in general... is this sustainable/safe?  Essentially what you are doing is using leverage to increase the amount you can invest.  While this is fantastic when the market rises, it can go horribly wrong when the market goes down.  Generally it is unwise to fund a risky (meaning there are large swings in return) investment with a risk-free (meaning you'll always make a payment) loan. If you want to see what could happen, forecast a 20% market drop and see what you are left with (obviously you'll need to make the loan payment out of your balance since you won't have any gains to pull from).  An average of 10-12% over a long period of time is reasonable, but the variance can cause the return to be anywhere from -40% to +40% in one year.  Can you afford those losses?   Here's an actual example: If you were to invest $250,000 in the S&P 500 in January 2000 with an 8% interest-only loan, your next three years' returns would be: After three years, assuming an interest-only payment of $20,000, your balance would be just over $100,000, you'd still owe $250,000, and you'd still be making $20,000 in interest payments.  If your loan interest rate was 25% (which is not unreasonable for an unsecured loan), you'd be bankrupt after 3 years - you'd still owe $250K but could not make the interest payment. No, this is not a good idea.  The only time you should borrow money to invest in when you have control over the returns.  So if you wanted to start your own business, had a stable business plan, and had much more certainty over the returns, the borrowing money might be plausible.   But borrowing money to do passive investment is a huge mistake."}
{"_id": "379392", "title": "", "text": "Kek.  &gt; Amazon is big enough to take full advantage of \u201cpostal injection,\u201d and that has tipped the scales in the internet giant\u2019s favor. **Select** high-volume shippers are able to drop off presorted packages at the local Postal Service depot for \u201clast mile\u201d delivery at cut-rate prices. With high volumes and warehouses near the local depots, Amazon enjoys low rates unavailable to its competitors."}
{"_id": "379408", "title": "", "text": "Whirlpool has absorbed a number of its erstwhile competitors over the years. Maytag, KitchenAid, Magic Chef, Jenn-Air, and Amana are all made by Whirlpool now. Frigidaire and GE are the two remaining major American makers of major household appliances (Hotpoint is GE) and Frigidaire is actually owned by Electrolux now.  It's my understanding that Sears has been switching over to LG for some of its Kenmore appliances. Their flagship front-load washers and dryers sport features nigh-identical to top-end LG models. This relationship, by the way, may be largely responsible for the increased availability of LG parts and service in the US recently (spotty availability of parts used to be a hazard of buying LG).  We had two service calls on our Whirlpool Cabrio top-load washer while it was still under warranty. The repair guy told us they are generally reliable in his experience, however, and that ours was something of an anomaly. After replacing the main motor and the controller board, we have what is basically a brand new appliance internally. It is still occasionally flaky (every few months it forgets how to spin the drum) but I figured out an easy workaround that has worked so far. My advice, though, is to definitely buy the extended warranty."}
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{"_id": "379419", "title": "", "text": "Remove your money.  If you do not need this money for some time, you can convert it to Gold, and now is a good time to buy.  Gold is not expected to decrease much in price as we're already at the bottom of the employment cycle and the Depression is already begun and will take about two years to grip the world."}
{"_id": "379443", "title": "", "text": "\"i dont see what's the big deal, all the banks got bailed out.  Govt printed over 7 trillion bucks, not much inflation.  govt has to help private sector.  gave plenty of freebies to the rich mother fukers in the banking sector.    or even better, govt should tax the shit out of wall street and super rich corporations and use that money to give to the students.     how do you suppose the govt \"\"FIX\"\" the economy??  wtf do u think govt is trying to do?  but they gave the money to the wrong people.\""}
{"_id": "379445", "title": "", "text": "\"The fundamental concept of the time value of money is that money now is worth more than the same amount of money later, because of what you can do with money between now and later. If I gave you a choice between $1000 right now and $1000 in six months, if you had any sense whatsoever you would ask for the money now. That's because, in the six months, you could use the thousand dollars in ways that would improve your net worth between now and six months from now; paying down debt, making investments in your home or business, saving for retirement by investing in interest-bearing instruments like stocks, bonds, mutual funds, etc. There's absolutely no advantage and every disadvantage to waiting 6 months to receive the same amount of money that you could get now. However, if I gave you a choice between $1000 now and $1100 in six months, that might be a harder question; you will get more money later, so the question becomes, how much can you improve your net worth in six months given $1000 now? If it's more than $100, you still want the money now, but if nothing you can do will make more than $100, or if there is a high element of risk to what you can do that will make $100 that might in fact cause you to lose money, then you might take the increased, guaranteed money later. There are two fundamental formulas used to calculate the time value of money; the \"\"future value\"\" and the \"\"present value\"\" formulas. They're basically the same formula, rearranged to solve for different values. The future value formula answers the question, \"\"how much money will I have if I invest a certain amount now, at a given rate of return, for a specified time\"\"?. The formula is FV = PV * (1+R)N, where FV is the future value (how much you'll have later), PV is the present value (how much you'll have now), R is the periodic rate of return (the percentage that your money will grow in each unit period of time, say a month or a year), and N is the number of unit periods of time in the overall time span. Now, you asked what \"\"compounding\"\" is. The theory is very simple; if you put an amount of money (the \"\"principal\"\") into an investment that pays you a rate of return (interest), and don't touch the account (in effect reinvesting the interest you earn in the account back into the same account), then after the first period during which interest is calculated and paid, you'll earn interest on not just the original principal, but the amount of interest already earned. This allows your future value to grow faster than if you were paid \"\"simple interest\"\", where interest is only ever paid on the principal (for instance, if you withdrew the amount of interest you earned each time it was paid). That's accounted for in the future value formula using the exponent term; if you're earning 8% a year on your investment, then after 1 year you'll have 108% of your original investment, then after two years you'll have 1.082 = 116.64% (instead of just 116% which you'd get with simple interest). That .64% advantage to compounding doesn't sound like much of an advantage, but stay tuned; after ten years you'll have 215.89% (instead of 180%) of your original investment, after 20 you'll have 466.10% (instead of 260%) and after 30 your money will have grown by over 1000% as opposed to a measly 340% you'd get with simple interest. The present value formula is based on the same fundamental formula, but it's \"\"solved\"\" for the PV term and assumes you'll know the FV amount. The present value formula answers questions like \"\"how much money would I have to invest now in order to have X dollars at a specific future time?\"\". That formula is PV = FV / (1+R)N where all the terms mean the same thing, except that R in this form is typically called the \"\"discount rate\"\", because its purpose here is to lower (discount) a future amount of money to show what it's worth to you now. Now, the discount rate (or yield rate) used in these calculations isn't always the actual yield rate that the investment promises or has been shown to have over time. Investors will calculate the discount rate for a stock or other investment based on the risks they see in the company's financial numbers or in the market as a whole. The models used by professional investors to quantify risk are rather complex (the people who come up with them for the big investment banks are called \"\"quants\"\", and the typical quant graduates with an advanced math degree and is hired out of college with a six-figure salary), but it's typically enough for the average investor to understand that there is an inherent risk in any investment, and the longer the time period, the higher the chance that something bad will happen that reduces the return on your investment. This is why the 30-year Treasury note carries a higher interest rate than the 10-year T-note, which carries higher interest than the 6-month, 1-year and 5-year T-bills. In most cases, you as an individual investor (or even an institutional investor like a hedge fund manager for an investment bank) cannot control the rate of return on an investment. The actual yield is determined by the market as a whole, in the form of people buying and selling the investments at a price that, coupled with the investment's payouts, determines the yield. The risk/return numbers are instead used to make a \"\"buy/don't buy\"\" decision on a particular investment. If the amount of risk you foresee in an investment would require you to be earning 10% to justify it, but in fact the investment only pays 6%, then don't buy it. If however, you'd be willing to accept 4% on the same investment given your perceived level of risk, then you should buy.\""}
{"_id": "379463", "title": "", "text": "\"No, in the UK you don't need to pay tax on gifts in general. In theory there could be an inheritance tax issue. But it's highly unlikely to apply here. It could only apply at all if all of the below apply: But even then the allowance would probably count as a \"\"regular gift out of income\"\" and so would be ignored completely: Regular gifts from the giver\u2019s income There\u2019s no Inheritance Tax on gifts from the deceased\u2019s income (after   they paid tax) as long as the deceased had enough money to maintain   their normal lifestyle.\""}
{"_id": "379473", "title": "", "text": "Pensions have nothing to do with republicans or democrats.  All states and cities and levels of government have problems with pensions, and it's because most taxpayers don't vote, but all government employees do vote.  Whether you're republican or democrat, you're going to have to pander to the police union, and the fire union, and all the other unions, and your opponent is going to make unreasonable promises based on erroneous assumption to get the union votes, so if you want to win, you have to do the same.  It's not a problem until 40 years later, maybe longer if the population keeps growing, but now here we are and people are having fewer kids and making less money, so good luck kicking the can down the road."}
{"_id": "379487", "title": "", "text": "Sounds fishy - taking out more debt to pay the main mortgage down faster? There are a couple of issues I can see: I would think that a much more sensible strategy with a lot less risk is to save up extra cash and send your lender a check every quarter or six months."}
{"_id": "379492", "title": "", "text": "yield on a Treasury bond increases This primarily happens when the government increases interest rates or there is too much money floating around and the government wants to suck out money from the economy, this is the first step not the other way around. The most recent case was Fed buying up bonds and hence releasing money in to the economy so companies and people start investing to push the economy on the growth path.  Banks normally base their interest rates on the Treasury bonds, which they use as a reference rate because of the probability of 0 default. As mortgage is a long term investment, so they follow the long duration bonds issued by the Fed. They than put a premium on the money lent out for taking that extra risk. So when the governments are trying to suck out money, there is a dearth of free flowing money and hence you pay more premium to borrow because supply is less demand is more, demand will eventually decrease but not in the short run. Why do banks increase the rates they loan money at when people sell bonds? Not people per se, but primarily the central bank in a country i.e. Fed in US."}
{"_id": "379530", "title": "", "text": "Discount Water Heater company offers a wide array of hot water heater solutions. We repair existing gas water heaters and electric water heaters. We install high efficiency gas water heaters and electric water heaters and we can also install a new high efficiency heat pump water heater for your home. We service tank less water heaters by Rinnai Tankless, Noritz Tankless and Takagi Tankless. Discount Water Heater Company offers the best hot water heater prices in Southern California. Discount Water Heaters offers free water heater estimates for residential hot water heater replacement and commercial hot water heater replacement."}
{"_id": "379546", "title": "", "text": "It sounds like you are interested in investing in the stock market but you don't want to take too much risk. Investing in an Index EFT will provide some diversification and can be less risky than investing in individual stocks, however with potentially lower returns. If you want to invest your money, the first thing you should do is learn about managing your risk. You are still young and you should spend your time now to increase your education and knowledge. There are plenty of good books to start with, and you should prepare an investment plan which incorporates a risk management strategy. $1000 is a little low to start investing in the stock market, so whilst you are building your education and preparing your plan, you can continue building up more funds for when you are ready to start investing.  Place your funds in an high interest savings account for now, and whilst you are learning you can practice your strategies using virtual accounts. In fact the ASX has a share market game which is held  2 or 3 times per year. The ASX website also has some good learning materials for novices and they hold regular seminars. It is another good source for improving your education in the subject.  Remember, first get educated, then plan and practice, and then invest."}
{"_id": "379547", "title": "", "text": "Trading Speeches can be difficult, 1 comment can be bullish then next phrase bearish. However language algorithms can process the tone of the entire message before you can read the first word or have even finished downloading the text of the statement.  The biggest news is the 1st Friday of the month, the non-farm payrolls out of the USA.  You used to be able to get the news before the price moved, but high-frequency algos changed all that, essentially the exchanges get quote stuffed, so good luck unless you are using a bucketshop. Better to wait for a pull back from the initial reaction if the numbers are good, otherwise you will get a fill at the peak. If the numbers are a big deviation from expectations then you can just jump in.  Back in 2006 the Bank of England raised interest rates when it wasn't expected and the GBPUSD flew 500 pips.   This Forex calendar has charts of every news release, so you can see what to expected based on what has happened in the past with a certain bit of economic news. http://www.fasteconomicnews.com/fx_calendar.aspx"}
{"_id": "379554", "title": "", "text": "I don't even use change any more unless I absolutely have to. I hate having it in my pocket so it just goes in the jar at home. Usually I just tell them to keep the change because 99% of the time I pay by credit."}
{"_id": "379572", "title": "", "text": "\"I was thinking the same thing, which is why they were for January, but I got nervous. I bought them for 1.20 (strike price of 15) and sold them for 2.35.   I know it isn't sound financially, but I have a separate account for wallstreetbets style gambling apart from my \"\"main\"\" investment account, and I treat them very differently.  I also won't dip into my main investment account to pay off my \"\"gambling\"\" account, so that SNAP position actually took up a majority of that smaller account, which is why I got nervous.   (On the other hand, if I made the same investments in my real account that I have in my gambling account, I'd be well on my way to a million right now, the gambling account is up 300% in the past 2 years, \"\"real\"\" account is up like 25%)\""}
{"_id": "379580", "title": "", "text": "For simplicity, I would subtract the expense from the gross income before accounting for taxes. Using your example, if g is gross income, r is your tax rate, and e is your deductible expense: You got the same answer because of the distributive property of multiplication, but I believe conceptually it makes more sense to deduct the expense before accounting for taxes."}
{"_id": "379615", "title": "", "text": "The 1-yr bond has a higher interest rate, but it's only guaranteed for a year. This means it is subject to reinvestment risk.  Suppose you're investing in 1981. Which sounds better? I've not looked up the precise interest rates but I'm guessing the former option leaves you with more money in 1991. It should be no surprise that investors were willing to pay more for it++, even if they couldn't have been totally sure in advance. :) (++ Remember, a bond is like a coupon for a certain percentage off of future-money. If the coupon offers you fewer percent off, you're paying more present-money for each dollar of future-money you buy.)"}
{"_id": "379639", "title": "", "text": "\"What is my best bet with the 401K? I know very little about retirement   plans and don't plan to ever touch this money until I retire but could   this money be of better use somewhere else? If you don't know your options, I would suggest reading some material on it that might be a little more extensive than an answer here (for instance, http://www.getrichslowly.org/blog/ has some good and free information about a myriad of financial topics).  With retirement accounts you can roll it over or leave it in the current account.  Things to look at would be costs of the accounts, options you have in each account, and the flexibility of moving it if you need to.  Depending on what type of retirement account it is (Roth 401K, Traditional 401K, etc, you may have some advantages with moving it to another type). The student loans.... pay them off in one shot? I have the extra money   and it would not be a hardship to do so unless that money can be best   used somewhere else? Unless I was making more money in a savings/investing/business opportunity, I would pay off the student loans in a lump sum.  The reason is basic opportunity cost (economics) - if a better opportunity isn't on the horizon with your money, kill the interest you're paying because it's money you're losing every month. With the money just sitting in the bank I get a little sick feeling   thinking that I can be doing something better with that. Outside of general savings you could look at investing in stocks, ETFs, mutual funds, currencies, lending club loans (vary by state), or something similar.  Or you could try to start a business or invest in a start up directly (though, depending on the start up, they may not accept small investors).  Otherwise, if you don't have a specific idea at this time, it's best to have money in savings while you ponder where else it would serve you. Keep in mind, having cash on hand, even if it's not earning anything, can bail you out in emergencies or open the door if an opportunity arises.  So, you're really not \"\"losing\"\" anything by having it in cash if you're patiently waiting on opportunities.\""}
{"_id": "379642", "title": "", "text": "It seems like a lot of hassle to make a few bucks.  $1,000 in nickels would weight 100kg.  I'd rather put my money in ING or into a bond mutual fund like VBMFX."}
{"_id": "379660", "title": "", "text": "And just as easily, someone could find a reason for such a derivative to exist.  Let's say I'm a vendor of memorabilia for a given sports team, but unlike most vendors I'm only a vendor for a particular team.  Given that there is a large lead time between orders placed and memorabilia received (perhaps on the order of a month between order and receipt), it is inherently risky to order large orders towards the end of a season.  However, if they're going to be in the playoffs, there's a huge opportunity to sell, but if they don't, you'd be left with tons of surplus inventory.  So, wouldn't it be handy for there to be a way to hedge that risk?    We've actually seen times when such things aren't unreasonable.  Large risks are [hedged away](http://online.wsj.com/article/SB10001424052702303877604577380593015786140.html), even in sports."}
{"_id": "379661", "title": "", "text": "Nowtoday, There are many online stores that only dedicated to selling vintage spare parts for motocycle. Every store tends to specialize in a number of different brands and some will allow you to place a product request. GelomanIndianSpares is specialized of the Indian Motocycle spare parts and reproduction. We have a big online store for spare parts. Try to purchasing Motocycle spares parts online at our company website. You can get all Indian Motocycle spare parts in our online store through the web."}
{"_id": "379667", "title": "", "text": "Before the financial crisis it was all the rage with Sears being another controversial one. Sears Canada shareholders were upset that that company sold off all of its flagship stores and then distributed the cash via dividends to shareholders (in particular Lampert). Unsurprisingly with no reinvestment in the business, they declared bankruptcy recently. The US Sears is going through this selling stores to a separate real estate holding company."}
{"_id": "379683", "title": "", "text": "\"**NOWHERE**.  You're using an extremely restrictive definition of \"\"rather\"\" that precludes the glaringly obvious *correct* interpretation of what I said.   Free hint - If someone you're conversing with makes \"\"no sense\"\" only under an extremely specific definition of one key word they used (with mutliple other possible meanings that make them basically correct)... *You're* probably the one torturing the language to fit your meaning.\""}
{"_id": "379726", "title": "", "text": "Contrato de arrendamiento tambi\u00e9n es conocido como contrato de alquiler y consiste en el acueEjemplos de contrato de arrendamientordo entre el arrendador y arrendatario, donde el arrendador surrender durante un tiempo determinado el uso y disfrute de un bien. contrato de arrendamiento se comprometer\u00e1 a realizar los pagos por el uso de la propiedad.Un Contrato de Arrendamiento es documento legitimate que se firma cuando se va a rentar algo. La persona que es due\u00f1a de un bien tiene el derecho de ceder temporalmente su uso an alguien m\u00e1s. La persona que renta su bien toma el nombre de arrendador, aquel que va a rentar recibe el nombre de arrendatario."}
{"_id": "379732", "title": "", "text": "\"I cannot answer the original question, but since there is a good deal of discussion about whether it's credible at all, here's an answer that I got from Bank of America. Note the fine difference between \"\"your account\"\" and \"\"our account\"\", which does not seem to be a typo: The payment method is determined automatically by our system.  One of   the main factors is the method by which pay to recipients prefer to   receive payments.  If a payment can be issued electronically, we   attempt to do so because it is the most efficient method.   Payment methods include: *Electronic:  Payment is sent electronically prior to the \"\"Deliver By\"\" date.  The funds for the payment are deducted from your account on the   \"\"Deliver By\"\" date. *Corporate Check:  This is a check drawn on our account and is mailed to the pay to recipient a few days before the \"\"Deliver By\"\" date.  The   funds to cover the payment are deducted from your account on the   \"\"Deliver By\"\" date. *Laser Draft Check: This is a check drawn on your account and mailed to the pay to recipient a few days before the \"\"Deliver By\"\" date.  The   funds for the payment are deducted from your account when the pay to   recipient cashes the check, just as if you wrote the check yourself. To determine how your payment was sent, click the \"\"Payments\"\" button in   your Bill Pay service.  Select the \"\"view payment\"\" link next to the   payment.  Payment information is then displayed.  \"\"Transmitted   electronically\"\" means the payment was sent electronically.  \"\"Payment   transaction number\"\" means the payment was sent via a check drawn from   our account.  \"\"Check number\"\" means the payment was sent as a laser   draft check. Each payment request is evaluated individually and may change each   time a payment processes.   A payment may switch from one payment   method to another for a number of reasons.  The merchant may have   temporarily switched the payment method to paper, while they update   processing information.  Recent changes or re-issuance of your payee   account number could alter the payment method. In my case, the web site reads a little different: Payment check # 12345678 (8 digits) was sent to Company on 10/27/2015 and   delivered on 10/30/2015. Funds were withdrawn from your (named)   account on 10/30/2015. for one due on 10/30/2015; this must be the \"\"corporate check\"\". And for another, earlier one, due on 10/01/2015, this must be the laser draft check: Check # 1234 (4 digits) from your (named) account was mailed to Company on   09/28/2015. Funds for this payment are withdrawn from your account   when the Pay To account cashes the check. Both payments were made based on the same recurring bill pay payment that I set up manually (knowing little more of the company than its address).\""}
{"_id": "379736", "title": "", "text": "One can pay via Indian Credit Card. The card company will convert the USD and charge you in Rupees.  And when there are enough Indian websites that do domain name registering, any specific reason you are looking at eurodns."}
{"_id": "379759", "title": "", "text": "It depends to some extent on how you interpret the situation, so I think this is the general idea. Say you purchase one share at $50, and soon after, the price moves up, say, to $55. You now have an unrealized profit of $5. Now, you can either sell and realize that profit, or hold on to the position, expecting a further price appreciation. In either case, you will consider the price change from this traded price, which is $55, and not the price you actually bought at. Hence, if the price fell to $52 in the next trade, you have a loss of $3 on your previous profit of $5. This (even though your net P&L is calculated from the initial purchase price of $50), allows you to think in terms of your positions at the latest known prices. This is similar to a Markov process, in the sense that it doesn't matter which route the stock price (and your position's P&L) took to get to the current point; your decision should be based on the current/latest price level."}
{"_id": "379773", "title": "", "text": "No, you can't. The limits are contribution limits, not limits on the value of the investment.  If you contributed $5,500 for 2015, you are done contributing for that tax year. You are free to contribute another $5,500 for 2016."}
{"_id": "379774", "title": "", "text": "You keep claiming higher taxes will do X when history shows you that's not entirely true.       We need to both rein in spending and change where the remaining money is spent in the budget. We also need to take the wealthy at a higher rate so that the 'burden' is equal to the proportion of wealth in this country that they own. Framing it as an either/or is a logical fallacy."}
{"_id": "379778", "title": "", "text": "You should look at consulting firms or quant type roles. I'm not a consultant but I have friends at all of the major firms and I know they recruit PhDs though, admittedly, its usually right out of school or soon there after. There are also more niche consulting firms (I'm thinking econ consulting though that could be misguided, someone else will have to chime in) that would appreciate the intellectual rigor of your background.   You could also do something in the Pharma space covering biotech and/or drug companies."}
{"_id": "379786", "title": "", "text": "You also may want to consider how this interacts with the stepped up basis of estates.  If you never sell the stock and it passes to your heirs with your estate, under current tax law the basis will increase from the purchase price to the market price at the time of transfer.   In a comment, you proposed:   Thinking more deeply though, I am a little skeptical that it's a free lunch: Say I buy stock A (a computer manufacturer) at $100 which I intend to hold long term. It ends up falling to $80 and the robo-advisor sells it for tax loss harvesting, buying stock B (a similar computer manufacturer) as a replacement. So I benefit from realizing those losses. HOWEVER, say both stocks then rise by 50% over 3 years. At this point, selling B gives me more capital gains tax than if I had held A through the losses, since A's rise from 80 back to 100 would have been free for me since I purchased at 100. And then later thought  Although thinking even more (sorry, thinking out loud here), I guess I still come out ahead on taxes since I was able to deduct the $20 loss on A against ordinary income, and while I pay extra capital gains on B, that's a lower tax rate. So the free lunch is $20*[number of shares]*([my tax bracket] - [capital gains rates]) That's true.  And in addition to that, if you never sell B, which continues to rise to $200 (was last at $120 after a 50% increase from $80), the basis steps up to $200 on transfer to your heirs.   Of course, your estate may have to pay a 40% tax on the $200 before transferring the shares to your heirs.  So this isn't exactly a free lunch either.  But you have to pay that 40% tax regardless of the form in which the money is held.  Cash, real estate, stocks, whatever.  Whether you have a large or small capital gain on the stock is irrelevant to the estate tax.   This type of planning may not matter to you personally, but it is another aspect of what wealth management can impact."}
{"_id": "379796", "title": "", "text": "\"SECTION | CONTENT :--|:-- Title | The more you know Description | \"\"The More You Know\"\" logo from NBC Length | 0:00:07           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)\""}
{"_id": "379840", "title": "", "text": "\"Where did I suggest otherwise? What are you talking about?  Prossesing aids that exist in small quantities don't count against the 100%. There are limits in place to prevent abuse. 99.98% is close enough.  That pic is dumb too. It says \"\"100 juice,\"\" not \"\"100% strawberry kiwi juice.\"\" The latter is impossible anyway. Fortunately, ingredients are listed right there for anyone to see, thanks to Federal labeling laws. It even says \"\"Flavored blend of... with other natural flavors and ingredients\"\" on the front. Not sure how anyone could really be confused.   It is pretty telling that there's more \"\"natural flavors\"\" than strawberry or kiwi juice concentrate. Just how concentrated are they? But again, fortunately it is clearly labeled.\""}
{"_id": "379859", "title": "", "text": "I think you're missing a couple of things. First - why do you think its a reverse mortgage? More likely than not its a regular mortgage - home equity loan. If so, if they expect the stock market to rise significantly more than the amount of interest they pay on the loan - then its a totally sensible course of action. Second - the purchase in cash only to take out a loan later can definitely be a sensible way to do things. For example, if the seller wants to close fast, or if there are competing offers where not having a contingency is the tipping point. Another reason might be purchasing in an entity name (for example holding the title as an LLC), and in this case it is easier to get a loan if you already have the house, since the banks see the owner's actual commitment and not just promises."}
{"_id": "379861", "title": "", "text": "\"I don't think this is news.  We all know that banks were taking advantage of people.  This guy only said what we all knew already.  It's a shame that the banks are \"\"too big to fail\"\" while the government thinks that the people aren't.\""}
{"_id": "379866", "title": "", "text": "If the customer pays 20% of the payment in advance, then he is he owns 20% of the house and the bank owns 80%. Now they say he pays the rest of the amount and also the rent of the house until he becomes the sole owner of the house."}
{"_id": "379878", "title": "", "text": "&gt; or requiring a telephone number (that can subsequently be banned)  The article states:  &gt;One Lyft passenger, identified by seven different Lyft drivers as an Uber recruiter, canceled 300 rides from May 26 to June 10. That user's phone number was tied to 21 other accounts, for a total of 1,524 canceled rides.  So Lyft already knows the phone number. The bigger question is why they allow the same number to be used for so many different accounts in the first place. And why didn't they ban the accounts tied to it at least after the first 100 or so cancelled trips."}
{"_id": "379890", "title": "", "text": "\"Yes, but it's also this. \"\"Investors in stocks these days are expecting far too much, and I'm going to explain why. That will inevitably set me to talking about the general stock market, a subject I'm usually unwilling to discuss. But I want to make one thing clear going in: Though I will be talking about the level of the market, I will not be predicting its next moves\"\". He can, and does, make two unrelated points\""}
{"_id": "379891", "title": "", "text": "Pay them off immediately. But, as I note in my article Too Little Debt?, a zero utilization is actually a negative hit. So you want to just use the cards to get over 1%. i.e. if the lines add to $38K, just charge say, gas and some groceries, $100/wk. Pay in full every month. It's the amount on the statement that counts, not the amount carried month to month accruing interest, which, I hope is zero for you from now on."}
{"_id": "379892", "title": "", "text": "From what I have heard on Clark Howard if you pay your balance off before the statement's closing date it will help your utilization score.  He has had callers confirm this but I don't have first hand knowledge for this to be true.   Also this will take two months to make the difference.  So it will be boarder line if you will get the benefit in time.   Sign up for credit karma if you like.  You can get suggestions on how to help your score."}
{"_id": "379898", "title": "", "text": "\"So, I've been actively looking for work in my field (Education) since graduation (2013) with little success. But I'll give it a shot since no one else has yet, some 'tricks' I've picked up along the way....with little success mind you ;)  Nothing ventured nothing gained. If you don't acutally do 'the work' and begin the process of applying and feeling out their interest for a candidate you won't learn how much they are willing to buy your labor for.   They have a price in mind before you apply. They look at your credentials and determine if you will do the job and exceed expectations based on your 'status'. Age, current position, other known facts of your life, married, mortagae, kids, they all bring babggage and expectations to the table, that they may or may not consider or know but can affect yours and their expectations and bring a heathly or unheathly dynamic to the table depending on the realtionship at hand, do you like them, and can you see yourself liking to work for them?  SO what kind of comapny do they want to be? Most likely they want to be on the bleeding edge if their new and cut away from the flock. But realistically they can probably hardly afford to pay for a mosquito's portion of your current position without some heavy hitters backing them. Who is backing them?  SO you will need to go in expecting a dollar gained for the company is a dollar given (to you hopefully, down the road). If you take 5% pay cut this year you better be getting a 5-20% increase in the following 5 years based on performance, but how do you sell yourself as a facet of the team that achieves these longterm goals, how do you fit? Therefore if you don't gain anthign this round, make sure you have verible or written affirmation of compensation in the future to follow up with when due.  On top of this 'dynamic' look at similar positons advertised recently on various other websites to anchor your asking price, aim 10%-15% higher and you'll hopefully land on the moon if not the stars. Normally I would go to linkedin to check out the excecs history and glassdoor but not sure thats needed in this case since you know them already and its a newer company. With that in mind, ask yourself, \"\"Is this a job I would and could see myself eager to be challenged by the next 3 years.\"\"\""}
{"_id": "379900", "title": "", "text": "As much as I understand you friend is giving you $100 [Say Rs 6000] as gift.  There are 2 taxes;   Service tax: If your friend is using Remittance service. Around 0.12% of amount Rs 6000/-. Around Rs 7.20/-. Normally deducted from Rs 6000.   Gift Tax: The transfer is treated as Gift to you as its from Non-Relative, without any occasion. If the amount of Gift is more than Rs 50,000 a financial year, then you have to pay tax as per your tax slab for the entire amount. As the transfer in question is less than Rs 50,000 there is no tax liability. Further you are paying this to your friend, which again is looked upon as a Gift and if you friend receives more than the specified amount."}
{"_id": "379911", "title": "", "text": "\"The error in the example is here: \"\"Now, if you contribute 5% to a Roth 401(k), your employer would match your after-tax 5% contribution. If the tax rate is 25%, that would be 5% of $60,000, which is $3,000. However, that $3,000 is put in to a traditional 401(k), so it is taxed when withdrawn. Assuming the tax rate is still 25% when you withdraw, you are only getting $2,250. Essentially you are giving up $750 of free money in this case.\"\" You set your contribution to Roth 401k as a function of the gross, 80,000.  You choose 5% and contribute 4000 Your employer matches 4000. At the end of the year, your taxable income to the IRS is 80000, and you pay 30% or 24000.  You have 80K-4K-24K to live on, or 52K If you chose the alternate regular 401k,then you contribute 4K, your income to the IRS is (80-4=) 76k, and you pay 30%, 22.8K in tax.  You have 80-4-22.8 or 53.2K to live on. Or, to come at it the other way, you have 4000*30% =1200 extra tax reduction in your income this year.   If the extra income in 401k versus extra current year tax in Roth IRA means you have to reduce less, like 2800K to the roth so you maintain a 53.2K lifestyle, then yes, the Roth IRA match is reduced.  If you have the cash flow to prepay the current year tax and maximum-match contribution, you will get the full match based on your gross income.\""}
{"_id": "379914", "title": "", "text": "I am a bit at a loss as to how you can read the same book, that inspired Warren Buffet, and take away that trading 600 contracts per month is a way to prosperity.  As a fellow engineer I can say with assurance this speculation scheme is doomed to failure.  Crossing out the word gamble was a mistake.   Instead you should focus on two things.  The first is your core business, which is signal processing.  Work and strive to be the best you can.  Seek out opportunities to increase your income while keeping your costs low.  As an engineer you have an opportunity to earn an above average salary with very low costs. Second would be to warehouse some of those earning and let others who are good at other things work for you.  You may want to read the Jack Bogle books and seek an asset allocation model.  I tend to be more aggressive then he would suggest, but that is a matter of preference.    You don't really have the time, when you focus on your core business, to manage 6 trades a month let alone 600.  Put your contributions on auto pilot and a surprisingly short time you will have a pile of cash."}
{"_id": "379921", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Progress and Poverty**](https://en.wikipedia.org/wiki/Progress%20and%20Poverty): [](#sfw)   ---  &gt;  &gt;___Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth: The Remedy___ was written by [Henry George](https://en.wikipedia.org/wiki/Henry_George) in 1879. The book is a [treatise](https://en.wikipedia.org/wiki/Treatise) on the [cyclical](https://en.wikipedia.org/wiki/Business_cycle) nature of an industrial [economy](https://en.wikipedia.org/wiki/Economy) and its remedies.  &gt;====  &gt;[**Image**](https://i.imgur.com/b8JhYJK.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Henry_George2.jpg) - *Henry George, author of Progress and Poverty.*  ---  ^Interesting: [^Henry ^George](https://en.wikipedia.org/wiki/Henry_George) ^| [^Georgism](https://en.wikipedia.org/wiki/Georgism) ^| [^Climate ^change ^and ^poverty](https://en.wikipedia.org/wiki/Climate_change_and_poverty) ^| [^Business ^cycle](https://en.wikipedia.org/wiki/Business_cycle)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjg6y18) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjg6y18)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "379932", "title": "", "text": "Technically, yes but, in practice, no.  I use a card for everything and pay it off every month. Sometimes, several times a month depending on how the month is going. In the last 10 years, I've paid a total of $8 in interest because I legitimately forgot to pay my balance before the statement came out when I was out of town. I wasn't late, I just didn't beat the statement and had a small interest charge that I couldn't successfully argue off.  In the same time period, I've had one card cancelled at the banks request. The reason was that I hadn't used it in two years so they cancelled me.  I never pay annual fees, I get cards with great rewards programs and I (almost) never pay interest. If your bank cancels your card because you're too responsible, find a better bank."}
{"_id": "379948", "title": "", "text": "You have great intentions, and a great future. As far as investing goes, you're a bit early. Unless your parents or other benefactor is going to pay every dime of your expenses, you'll have costs you need to address. $1000 is the start of a nice emergency fund, but not yet enough to consider investing for the long term. If you continue to work, it's not tough to burn through $200/wk especially when you are in college and have more financial responsibility."}
{"_id": "379962", "title": "", "text": "If you are looking for the most and the very popular inspection team in Australia, now you have reached the right place, because we have a good experienced team of building inspection. We provide an affordable inspection service their clients. We identify the potential issue and out a residential or a commercial asset, it is inevitable to rent a building inspector. You don\u2019t want to waste your cash in an investment as a way to now not prosper.  As you know, there are so many issues, creating in the building but, you don't need to worry in that case we will help, it is a most trusted building inspections in Australia. We investigate  the building securely and use better equipments in the inspection process. It is necessary to identify  a building is fit for use before buy the property."}
{"_id": "379963", "title": "", "text": "\"This quote kind of shocked me:   \"\"A well-run organization turns over 10% of their organizations, including senior leadership.\"\"  I'm not in management, but I have *never* heard anyone say before that employee churn is a good thing. And wanting fully 10 % of all employees to resign every year? That sounds completely insane to me. Is that really normal? Am I not getting something?  My current employer works hard on trying to retain employees. When employees quit, we need to train the replacement, it's probably going to take 6 months until the new employees is reasonably productive. Employees are actively encouraged to find new positions within the company and we have actually rehired several employees that quit to do something else and then decided they want to come back. This all seems logical and normal to me.  The mindset of wanting to push a significant portion of your workforce away each year is utterly alien to me. Would somebody elucidate me?\""}
{"_id": "379994", "title": "", "text": "You say: Every time it seems the share price dips. Does it?  Have you collected the data?   It may just be that you are remembering the events that seem most painful at the time. To move the market with your trade you need to be dealing in a large amount of shares.    Unless the stock is illiquid (e.g most VCT in the UK), I don\u2019t think you are dealing in that large a number; if you were then you would likely have access to a real time feed of the order book and could see what was going on."}
{"_id": "380003", "title": "", "text": "I'm sorry for your situation.  If 15 years of maximum savings only has you at $60K, I'm going to assume you are currently in the 15% bracket. A withdrawal will cost you 15% (and maybe push you into the 25% bracket) as well as the 10% penalty, and state tax. Don't do it. Be sure your 401(k) has listed beneficiaries. Your wife will be able to take an annual withdrawal, and pay very little, probably 10%, maybe 15% worst case.  You reference that she'd have a lump sum. Yes, but she won't have to take it all at once. She should be able to transfer the funds from the 401(k) to an IRA, and withdraw small amounts each year.  It's a very rare circumstance where an early 401(k) withdrawal actually makes any real economic sense."}
{"_id": "380005", "title": "", "text": "Samuel Strauch received a B.A. from Hofstra University and received degrees from Erasmus University in Rotterdam and Harvard University. His first interest was to pursue a career in banking but joined his family\u2019s real estate business. After working as a banker, he decided to join his family\u2019s South Florida real estate business."}
{"_id": "380037", "title": "", "text": "The Avant-Garde experts from mortgage refinancing Delaware will contrive one to one conversation between the mortgage planning expert and customer. Furthermore, dedicated educational workshops and conferences are also designed. Not only has that but, proficient do use their expert knowledge to arm the customers about the credit score."}
{"_id": "380047", "title": "", "text": "The plan is perfectly valid and legal as tax rules currently stand. There is no limit to the amount you can rollover or convert to Roth. Assuming your 401(k) is traditional pre-tax, you'll have to pay income taxes on the amount you convert above personal exemption + standard deduction, which is currently about $10k/year for single filers. The other caveat is you'll need funds to live off of while your conversion money is seasoning for 5 years in your Roth IRA. If you start the conversion while you are still working, you'll be paying taxes on it in your marginal bracket, which will negate much of the benefit of the pre-tax 401(k). If your living expenses are low, you can convert about $10k/year without federal income taxes, while living off capital gains from a taxable account which have a 0% rate in the 15%  income tax bracket (goes up to about $37k/year)."}
{"_id": "380053", "title": "", "text": "'If i co-sign that makes me 100% liable if for any reason you can't or won't pay.  Also this shows up on a credit report just like it's my debt.  This limits the amount i can borrow for any reason.  I don't want to take on your debt, that's your business and i don't want to make it mine'."}
{"_id": "380056", "title": "", "text": "\"Things very similar to the idea of a \"\"future\"\" that routinely apply to single stocks are \"\"warrants\"\" and \"\"options\"\".\""}
{"_id": "380061", "title": "", "text": "\"A good time to invest in gold WAS about ten years ago, when it had reached a 20-year bottom around $300 an ounce. That's when I was buying (gold stocks, not physical gold). Since then, it's gone up 5-6 times in ten years. It might continue to go up of course, but it also has long way down to go, because it has come up \"\"too far, too fast.\"\" I have since sold my gold stocks. Alternatives to gold include other metals such as silver and copper (which actually belong in the same chemical family) as well as platinum and palladium. But they, too, have run up a lot in price over the past ten years.\""}
{"_id": "380071", "title": "", "text": "\"Banks make less profit when \"\"long\"\" rates are low compared to \"\"short\"\" rates. Banks lend for long term purposes like five year business loans or 30 year mortgages. They get their funds from (mostly) \"\"short term\"\" deposits, which can be emptied in days. Banks make money on the difference between 5 and 30 year rates, and short term rates. It is the difference, and not the absolute level of rates, that determines their profitability. A bank that pays 1% on CDs, and lends at 3% will make money. During the 1970s, short rates kept rising,and banks were stuck with 30 year loans at 7% from the early part of the decade, when short rates rose to double digits around 1980, and they lost money.\""}
{"_id": "380103", "title": "", "text": "Debt creates risk.  The more debt you take on, the higher your risk.  What happens if you lose your job, miss a payment, or forget to write the final payment check for the exact amount needed, and are left with a balance of $1 (meaning the back-dated interest would be applied)?  There is too much risk for little reward?  If you paid monthly at 0% and put your money in your savings account like you mentioned, how much interest would you really accrue?  Probably not much, since savings account rates suck right now. If you can pay cash for it now, do it.  So pay cash now and own it outright.  Why prolong it?  Is there something looming in the future that you think will require your money?  If so, I would put off the purchase. No one can predict the future.  Why not pay cash for it now, and pay yourself what would have been the monthly payment?  In three years, you have your money back.  And there is no risk at all. Also, when making large purchases with cash, you can sometimes get better discounts if you ask."}
{"_id": "380107", "title": "", "text": "It's not just the executives.  Many of these companies are franchises and are also public, so they have shareholders.  When corporate, franchisees and shareholders all compete to make the most money, things turn to shit.  Look at McDonald's.  The food is total garbage, some of the worst in the fast food business.  They aren't particularly good to their employees, either.  That's because you have corporate, franchisees and shareholders squabbling over every last cent.  Now look at In-N-Out.  It is a privately held company and the food costs almost the same as McDonald's.  Except In-N-Out has good food and they are pretty good to their employees.  That's because In-N-Out doesn't have as many greedy, grasping hands as McDonald's.  These shitty fast food and fast casual places are doomed.  You can't have that many people demanding a piece of the profits.  That turns the food to complete shit and employees are underpaid and stop caring."}
{"_id": "380111", "title": "", "text": "\"&gt;Darden, based in Orlando, Fla., has made cost cutting a priority in recent years as sales growth and traffic have stalled at its flagship chains...  &gt; Given the challenging job market, Darden has been able to offer lower pay rates to new hires. Bonuses for general managers have been reduced as sales have stagnated. Servers at Red Lobster are handling four tables at a time, instead of three.  &gt;And last year, the company also put workers on a \"\"tip sharing\"\" program, meaning waiters and waitresses share their tips with other employees such as busboys and bartenders. That allows Darden to pay more workers a far lower \"\"tip credit wage\"\" of $2.13, rather than the federal minimum wage of $7.25 an hour.    So their food sucks and they're cheap.\""}
{"_id": "380165", "title": "", "text": "You can do it, provided that the bedroom is ONLY set up as an office. That is, no bed, TV or other stuff. You can stretch it a bit, considering a TV is also a monitor, a couch is also a visitor couch. Whatever route you choose you have to be able to justify what everything is doing there in case of a visit from the authorities. I am (was) in exactly the same situation for two years and had no problem deducting ~30% of the housing costs. That is, the usage of bathroom and utilities is calculated as proportional to the surface area given to the office. It might make more sense to move into a larger apartment just so you can have one designated office room. Edit: the above applies in Germany, YMMV, IANAL, etc. EU is pretty consistent though in regulations and as far as I know the above aplies in most EU countries."}
{"_id": "380189", "title": "", "text": "Don't take it personally, take their money, hombre. There is no way they start WW3 when China is trying to take top spot and stabilize it's economy, Russia is playing siege mode with neighbors under sanctions, and the Middle East is still embroiled in who owns what after the Arab Spring blew itself up, and Europe is fighting off countries leaving the EU. No one has the ability to wage a real concentrated war."}
{"_id": "380196", "title": "", "text": "\"Serious answer: This would be a horrible idea for you, so don't do it.  Theoretical answer:  This gets more complicated.  If you are refusing to pay your student loans, this is bad for the economy because you just destroyed the value associated with that payment.  You essentially robbed the person holding the debt (since you promised to pay it off).    However, you also stimulate the economy by buying goods.  I'm just an armchair economist, but I would say that the detriment of not paying your debt is higher than the benefit of paying for the goods.  Now, lets say you never say your not paying of your loans, and instead just pay the minimum payment and buy the goods.  Now you are helping the economy because your debt is still generating money *and* you are injecting real money through your payment.  So you essentially made more money for the economy.  So long as the \"\"system\"\" believes you can pay of the debt, the \"\"system\"\" is able to hold more money.  This is actually why most credit companies *want* you to pay the minimum balance (that, and the interest earns them far more money than you borrowed).\""}
{"_id": "380226", "title": "", "text": "The line you are referring to says 5 U.S. taxpayer identification number (SSN or ITIN), if required (see   instructions) It does not appear to be required in your case."}
{"_id": "380229", "title": "", "text": "\"And of course the same goes for a \"\"specific portion\"\" of profits for Oil companies.  Their ENTIRE profit structure isn't based on weather, but absolutely a specific portion is.  So, if you happen to be the guy in charge of 'oil that heats homes department' you very much want a cold winter...\""}
{"_id": "380241", "title": "", "text": "You can do this via many online FOREX brokers. All you need to do is set up and fund an account with them and then trade via their online platform. Some examples of brokers that do this are:"}
{"_id": "380254", "title": "", "text": "It turns out that in this special case for New York, they have a law that says that if you are changing your filing status from resident to nonresident, you must use the accrual method for calculating capital gains. So in this case, the date on the papers is the important one."}
{"_id": "380256", "title": "", "text": "A basement is the only place in your entire home area which can get easily cooled and easily heated. It is probably the most comfortable living space in your entire home if has been properly remodeled using the proper materials. A well remodeled basement can indeed contribute to it becoming the most pleasant place in your home."}
{"_id": "380263", "title": "", "text": "While it's wise, easier and safer to check your transactions online a few times a month, I opt to receive and file paper statements as a hard copy back up of account history. Any reconciliation I perform is a quick glance to make sure the numbers sound right. It's probably a small waste of time and space, but it settles some of my paranoia (due to my training as a computer engineer)  about failure of electronic banking systems. If someone tampers with bank records or a SAN explodes and wipes out a bunch of account data, then I will have years worth of paper statements to back up my numbers.  Having years worth of statements printed on the banks stationary will have better credibility in court than a .pdf or printout thereof that could have been doctored, in case I ever needed to take my bank to court. A little piece of mind for the price of a letter opener, a square foot file box and a couple of minutes a month."}
{"_id": "380270", "title": "", "text": "\"It's not consistent across the states. Most states have some implementation of these functions but fully regulated states don't have all of them and many are \"\"functions\"\" but are owned by the same entity.  Look at the southeast, the rockies, the PNW, AZ there are zero or few opportunities for merchant anything.\""}
{"_id": "380291", "title": "", "text": "I am afraid that raising revenue will do two things.  1. It will reduce the money that creates jobs in the real economy and create incentives to protect wealth rather than to use capital for economic expansion  2. It will convince politicians and bureaucrats in the Imperial City that budgets don't have to be cut since revenue is increasing"}
{"_id": "380294", "title": "", "text": "Hey thanks for all of this info! I've been here with the owners since they've opened and I'm slowly rising to the top, I think they'll offer me management soon because they need someone but I'm really in no rush to offer any personal business ideas to them. I'd like to learn all I need before I even consider it. As I said elsewhere I'm only 20 so this is still early days I would just like a good grasp of what to expect and you've certainly delivered that.  I'll definitely check that movie out"}
{"_id": "380304", "title": "", "text": "&gt; Yeah but they don't go to work high. &gt; Exactly.  Meant to say that they DO go to work high. Plenty of them.  &gt; I actually have several medical conditions that justify it, but that's beside the point that marijuana should simply be legal. Alcohol is legal even though it is a far more dangerous substance than pot.  The difference between alcohol and pot is that there are restrictions on alcohol. You can't drink in the street, you can't be publicly intoxicated, you can't drive while high (most pot smokers do if not all)  &gt; You don't have to be a daily smoker to test positive. People who only smoke once a week are likely to fail a drug test. There's no reason to think that those people are unhappy, unsuccessful, can't unwind without drugs, or any other negative generalization you might want to impose.  I was talking about daily smokers. Many are.  &gt; I don't dispute those statistics, but they're about Millennials, not pot smokers.   Sure, its probably even higher for pot smokers.   &gt; Millennials' economic difficulties are more likely to be caused by the economy than they are by any widespread drug abuse, which allegation I have no reason to think is supported. And even if Millennials do use crazy amounts of drugs, so did the Baby Boomers, whose economic prosperity does not seem to have been impaired in the slightest.  Economy is ok, its the dumb decisions they made. Plenty are uneducated, then you have them fighting for high minimum wage and letting illegals stay. Both reduce the number of jobs or destroy them.  The pot these days is MUCH stronger. Then you have all kinds of other shit like edibles, oils, etc.."}
{"_id": "380326", "title": "", "text": "K thank you for the first part. I'm not antagonistic towards Tesla or the role the government played in their success- and I understand the gubment is all up in a lot of things, and I don't see that as being implicitly wrong."}
{"_id": "380347", "title": "", "text": "\"I dunno why I clicked on this stupid baity bullshit. You know this stuff only gets clicks because it's about millennial killing the ____ industry. I don't do \"\"casual dining\"\" because if I wanted a microwaved meal handed to me by a dispassionate waitress I'd just ask my ex roommate to make me a lean cuisine. No one wants to eat at a place that sells $20 burgers that are still somehow worse than the ones at jack in the box. These places only exist to serve families and millennials aren't eating there because we don't have a bunch of shitty kids and if we're eating somewhere it's probably going to be local or home cooked.\""}
{"_id": "380351", "title": "", "text": "Specific stock advice isn't permitted on these boards. I'm discussing the process of a call spread with the Apple Jan 13 calls as an example.  In effect, you have $10 to 'bet.' Each bet you'd construct offers a different return (odds). For example, If you bought the $750 call at $37.25, you'd need to look to find what strike has a bid of $27 or higher. The $790 is bid $27.75. So this particular spread is a 4 to 1 bet the stock will close in January over $790, with a $760 break even.  You can pull the number from Yahoo to a spreadsheet to make your own chart of spread costs, but I'll give one more example.  You think it will go over $850, and that strike is now ask $18.85. The highest strike currently listed is $930, and it's bid $10.35. So this spread cost is $850, and a close over $930 returns $8000 or over 9 to 1.  Again, this is not advice, just an analysis of how spreads work. Note, any anomalies in the pricing above is the effect of a particular strike having no trades today, not every strike is active so 'last trade' can be days old.   Note: My answer adds to AlexR's response in that once you used the word bet and showed a desire to make a risky move, options are the answer. You acknowledged you understand the basic concept, but given the contract size of 100 shares, these suggestions are ways to bet under your $1000 limit and profit from the gain in the underlying stock you hope to see."}
{"_id": "380352", "title": "", "text": "It is very difficult in New York City to evict a tenant. The tenant-landlord laws require that the tenant be taken to housing court. The time between filing a case for eviction and having the case heard is often five to six months. During this time, the tenant is allowed to live in the rental property. Note that this situation is independent of any rent stabilization or rent control aspects of the lease. If either of those issues are involved, there may be additional complications. I know that this is true based on first-hand experience. I was the leaseholder in my apartment, and rented out the extra room to a woman who worked with me. Even though we did not have a formal lease agreement, I was still considered her landlord. I consulted with a real-estate attorney in Manhattan, who told me that the situation was no different whether I was a property owner and rented to tenants, or whether it was a sublet/ roommate situation such as what I was doing. Regardless, the entire process of filing and having a hearing in Housing Court was necessary for eviction. In Florida, as else where, laws vary by county or even at a more local level. I know that the landlord files a notice and arranges for the Marshal's office to remove the tenant. Procedures and law in Miami-Dade County need to be checked on the official county website."}
{"_id": "380368", "title": "", "text": "Zero percent interest may sound great, but those deals often have extra margin built into the price to make up for it. If you see 0%, find it cheaper somewhere else and avoid the cloud over your head."}
{"_id": "380382", "title": "", "text": "An offset account is simply a savings account which is linked to a loan account. Instead of earning interest in the savings account and thus having to pay tax on the interest earned, it reduces the amount of interest you have to pay on the loan. Example of a 100% offset account: Loan Amount $100,000, Offset Balance $20,000; you pay interest on the loan based on an effective $80,000 loan balance. Example of a 50% offset account: Loan Account $100,000, Offset Balance $20,000; you pay interest on the loan based on an effective $90,000 loan balance. The benefit of an offset account is that you can put all your income into it and use it to pay all your expenses. The more the funds in the offset account build up the less interest you will pay on your loan. You are much better off having the offset account linked to the larger loan because once your funds in the offset increase over $50,000 you will not receive any further benefit if it is linked to the smaller loan. So by offsetting the larger loan you will end up saving the most money. Also, something extra to think about, if you are paying interest only your loan balance will not change over the interest only period and your interest payments will get smaller and smaller as your offset account grows. On the other hand, if you are paying principal and interest then your loan balance will reduce much faster as your offset account increases. This is because with principal and interest you have a minimum amount to pay each month (made up of a portion of principal and a portion of interest). As the offset account grows you will be paying less interest, so a larger portion of the principal is paid off each month."}
{"_id": "380387", "title": "", "text": "People are downvoting you, but the reality is that a cushion isn't a bad idea.  Not a perpetual thing, but until the OP gets set up with a job place to live etc.  They know the job is going to work out etc., they might want to have some cash, as they are likely not going to forgo eating etc... that said I would treat it as money to be used in place of a credit card (with the high rates) etc...   Again I am not saying spend the money, I am being realistic, that it takes money to secure an apt, and unless you can borrow cheaper than 6% elsewhere (I know I could probably get unsecured money cheaper than that where I live, but I don't know the OPs situation).  I wouldn't invest it given the situation personally.  If you have a great job, it won't matter, you will build up past 1200 soon and can then start to invest a portion of that cash.  If you don't, then you shouldn't be risking debt money, especially if your level of sophistication in the market has you here asking the question.  That 6% savings is tax free as well, so you need to gross it up based on your tax situation.  Also make note of any currency conversions that would need to happen, so depending on what you want to invest in, currency risk could be a real concern as well.  One other reason I think getting down at least a portion of the debt could be good is simplification.  Can't spend money you don't view yourself as having.  Some people might be more disciplined to reign in spending when they see a lower number in their account.  I'm personally not one of those people, but again, I would likely kill the debt off now just to have one less thing on my mind... but only as soon as I am stable (know where I am going to live, have enough to eat, and relatively sure that will continue in the future...)"}
{"_id": "380402", "title": "", "text": "It shouldn't, really. Investors and companies thinking about an IPO shouldn't be scared.  I mean, Facebook is a company with no real way to profit from its technology. They have the user base, but has no way of profiting off them. Yet anyways. For them to come out with a near $100 bln valuation, only making a few bln in revenue last year (and little profit), it seems that the market is just adjusting to their respective value to investors.  Now, if a company wants to IPO that's awesome, just make sure:  * The company will be relevant to daily life in 10-25-50-100 years, etc. * The company can turn a profit without uncertainty. * A company that can grow. Meaning if you buy into a $100 bln valuation, that it can be realistically seen as to growing into a $200 bln company in the next few years. * Preferably, traditional investors like companies that make or deal with a physical product.  * The company has leadership. CEO Zuckerberg of (FB) may have created the social network technology, but that doesn't mean he's fit to run a $100 bln public company. I mean, the guy couldn't even dress in a suit for his important meetings pre-IPO. * Preferably companies that can/will enter emerging markets. Cue Coca-Cola and bottlers. * The list goes on but I'm bored of typing. Anyone can add/argue or critique anything if they would like to.  If you have all that, you shouldn't be scared of IPO'ing or investing in at IPO."}
{"_id": "380415", "title": "", "text": "I doubt it has to do with the check though. Old people can be slow sometimes. I bet a younger person could write the check in a Reasonable amount of time. I lost my debt card a while back and needed groceries before I got my replacement it only added about a minute of transaction time for $200 in groceries which already takes a few minutes just to ring up."}
{"_id": "380424", "title": "", "text": "First, can I even roll any my profits into a 529 plan to avoid taxes. No. 529 plans are not pre-tax (except for State taxes in certain States, where 529 contributions are deductible. Ohio is such a State, with certain conditions). For Federal taxes - funding a 529 with yourself as a beneficiary doesn't change a thing on your taxes. Is there any special requirements for the state of Ohio. Yes, see the link above. Essentially you'll be carrying the deduction forward for years until you exhaust it, $2000 at a time. Is there a better solution that I am overlooking. No. If it was easy to avoid income taxes - everyone would be doing it."}
{"_id": "380426", "title": "", "text": "People who are angry at some businesses never mention the owners name because they are too angry to find out.  I take all horrible reviews to task for this, as typically ex employees go out of their way to name and insult staff."}
{"_id": "380427", "title": "", "text": "One way is to compare the implied volatility with the realised volatility over a period similar to the time left to expiry. However there are plenty of reasons why the implied may be higher than the historical, for example because the market volatility has increased overall or because the underlying company is going to report their results before the option expires."}
{"_id": "380429", "title": "", "text": "\"Every company has \"\"capital\"\". Even if you have a one man company, you probably stated something like \"\"100 shares of $1 each\"\", which means you had to take that $100 out of your own private pocket and pay it into the company.  When the company loses money and runs out of cash, they have the possibilities of (1) borrowing some money from the bank, or from a loan shark, (2) borrowing some money from the company owners, or (3) increase the share capital, for example by increasing the number of shares to 10,000 and each share holder pays his part of the $9,900. That's the case that you have here.  However, it is only a \"\"liability\"\" in the sense that it isn't money the company earned, it is money that the owners paid in. They have no right to get the money back; the paid-in capital is actually what the owners lose if a limited company goes bankrupt.\""}
{"_id": "380448", "title": "", "text": "Says someone with no evidence to backup a claim that any troll on the Web can make.  Reality in even a major city like Las Vegas:  [Nevada has one of the lowest resident-to-physician ratios in the country, which puts it in a uniquely vulnerable position to respond to large-scale emergencies.](http://www.governing.com/topics/health-human-services/gov-las-vegas-shooting-trauma-center-doctor-shortage.html)"}
{"_id": "380454", "title": "", "text": "Think about it from a more pragmatic POV -- on what basis would you levy taxes on money that is lost? If your house were robbed, should you have to pay taxes based on the money stolen from you? What if your car breaks down? Income in its simplest form is revenue - cost of goods sold. So if I buy a car for $10,000 and sell it to you for $8,000, I have negative income."}
{"_id": "380473", "title": "", "text": "The main points shine a very bright light on the need for healthcare policy reform, FIR EVERYONE, not just the poor.   - Using a conservative de\ufb01nition, 62.1% of all US bankruptcies in 2007 were medical.  - Most medical debtors were well educated, owned homes, and had middle-class occupations.  - Three-quarters **had health insurance**.  - Illness and medical bills contribute to a large and increasing share of US bankruptcies."}
{"_id": "380474", "title": "", "text": "GnuCash\u2014Great for the meticulous who want to know every detail of their finances. Pros: Cons:"}
{"_id": "380483", "title": "", "text": "\"I know of a manufacturer who will not use products not manufactured outside of the states... So we ship them to someone else who \"\"adds value\"\" to the product so we don't have to stamp \"\"Made In China\"\" to it. They simply tear off the perforated components and place them back into the box. Lots of jobs being produced.\""}
{"_id": "380486", "title": "", "text": "When I called Navient about this exact question last year they told me that my loan is a term length loan; so if I were to make extra payments on one of my dozen loans then my total monthly payment would be adjusted (go down) in order to make sure that my loans would still be paid off in x months.   It is very important to note however that Navient has at least 4 loan payment types that I know of so I can make no assurances that yours will work the same way.  The only way to get an absolute answer to this is going to be to Call Navient and ask them."}
{"_id": "380504", "title": "", "text": "This guy whines like a stepped on puppy.  While all his friends were out partying, he was having no fun building his business.  After all his workers go home and whoop it up, he's all alone at the office signing paychecks.  He sounds like some miserable SOB.  I own a business, I try to have fun doing it.  Obama's not going to stop me!  Actually, I try not to base decisions on growing the business on Washington, DC.  That'd truly be stupid.  I can make all the stupid decisions I need on my own."}
{"_id": "380532", "title": "", "text": "\"The answer, as usual, is \"\"it depends\"\". Essentially, you'll have to pay VAT on your turnover, and if you have a million turnover, you'll have to be VAT registered. In that case, you'll either charge VAT on top of the million, or you'll have to send 200k to HMRC straight away. OTOH, being VAT registered means you can offset the VAT on company expenditure against the VAT on the company's income. After that, you'll deduct all allowable expenditure from the income of the company. That doesn't include your living expenses (those are your problem, not the company's) but basically anything that makes the company tick. Company expenditure also includes salaries paid to the company's employees etc. The company will then pay corporation tax on the remainder. Oh, and once all that's done and you get some dividends from the company on top of your salary, you get to pay income tax on those, once it becomes your money. But the money in the company isn't yours, it's the company's. Big difference.\""}
{"_id": "380542", "title": "", "text": "&gt;Only a fool would make the connection between white supremacists and the president.   He literally has bannon at the top level of his administration in addition to jeff sessions as AG. Theyre publicly avowed white supremacists with a history of supporting white supremacist causes. Its not a hard connection to make.   His voting block cumbles entirely without them which is why he is so slow to criticize.   &gt;But I suppose there's lots of consumers in America that don't think for themselves.    You may be one of them!"}
{"_id": "380548", "title": "", "text": "I would put it under advertising. Technically the domain name should be amortized over its useful life... you can't really expense it all in the first year, unless it fits within Section 179."}
{"_id": "380557", "title": "", "text": "\"Create one account.   You can change the beneficiary of the plan (even to nephews, nieces, yourself or your wife) as many times as you need so long as you are spending the money on valid educational expenses. Are you 100% sure both of your kids are going to college?  If you aren't really 100% sure, a single account that you can move between them is the best bet. Also, having recently looked in 529 plans, here are some things you have probably already thought about. Look up good 529 plans here: http://www.clarkhoward.com/news/education/preparing-for-college/clarks-529-guide/nFZS/ EDIT: I don't think you can worry about fairly dividing the money up.  I can see your wanting to be fair but what is more important, school or fairly dividing the money?   A 529 is money only for school.  Assuming your kids aren't the same age and won't go to the same school, their expenses will likely be different.  The younger kid will benefit from more interest from a longer investment, but suffer from having higher costs. So if you want to insure both kids got $50K (for example) from you by the time it is all said and done, I think you would have to make that up from your own pocket.  If only one child goes to school, any money you give the other for starting their own business couldn't come from the 529 without big tax penalties. Depending on your position and finances you could state something like \"\"I will cover your college expenses up to $50K\"\" and then that is that.  Just monitor your 529 and shoot for having $100K in the account by the time they are both college age.  That runs a risk though, because if one child doesn't go to school your money is locked up for a while or will have tax issues.\""}
{"_id": "380560", "title": "", "text": "\"It's popular because there's not much to it. It's open enough that other messengers can access the network, and it just works for what it is without being super invasive.  It's hard to monetize for the same reason it's popular: Ads are hard to make work because 3rd party apps accessing the network could simply block them. Allowing easy account creation without any real personal info means they can't sell user info very well. There's not really any \"\"premium\"\" content to sell without intentionally gutting features that draw people to the service.  The best they'd ever do would be limited advertising with a fairly low saturation rate and add-on services for cheap -- maybe offering a subscription that included some cloud storage and an email address, but those are easy to get, so the margins would be pretty low.  All the modern competitors have some pretty serious drawbacks, so I wonder what's going to happen here.\""}
{"_id": "380569", "title": "", "text": "1469 was started by creative director, Mr. Harinder Singh, and the brand is now competing with international brands. The Punjabi T Shirts from 1469 are made of fine quality, creativity as well as precision. The company has nearly 5 exclusive stores in the cities of Delhi, Amritsar as well as Chandigarh."}
{"_id": "380595", "title": "", "text": "Open a dispute for the preauth. It is effectively a double charge, since you have already paid for the item. You can provide evidence of the other transaction. This forces them to go through some hassle and waste some time on the issue."}
{"_id": "380601", "title": "", "text": "Interesting, I actually didn't know some bankers ended up going to jail, wondering why there's so much misinformation about that..   I guess after seeing numerous times, high level executives and bankers get away with enormous crimes, people are simply out for blood.   You can't legally go after economists or home buyers (unless they lied about their income but with ninja loans, they didn't even need to have an income, so why lie about one?), but there were bankers who were betting against the very financial instruments they were selling to clients. There were the credit rating agencies who had a fiduciary responsibility to provide accurate ratings of these mortgage-backed securities. You can definitely make the claim that at least in these two instances, people acted outside of the law."}
{"_id": "380612", "title": "", "text": "\"Two main points to answer this in my opinion. First, most people don't start with say half a million dollar to buy all the stocks they need in one shot but rather they accumulate this money gradually. So they must make many Buys in their lifetime. Similarly, most people don't need to withdraw all their investment in one day (and shouldn't do this anyway as it cuts the time of investment). So there will be many Sells. Performing a single buy or sell per year is not efficient since it means you have lots of cash sitting doing nothing. So in this sense, low cost indexing lets you quickly invest your money (and withdraw it when needed after say you retire) without worrying about commission costs each time. The second and most important point to me to answer this is that we should make a very clear distinction between strategy and outcome. Today's stock prices and all the ups and downs of the market are just one possible outcome that materialized from a virtually uncountable number of possible outcomes. It's not too hard to imagine that tomorrow we hear all iPhones explode and Apple stock comes crashing down. Or that in a parallel universe Amazon never takes off and somehow Sears is the king of online commerce. Another item in the \"\"outcome\"\" category is your decisions as a human being of when to buy and sell. If that exploding iPhone event does occur, would you hold on to your stocks? Would you sell and cut your losses? Does the average person make the same decision if they had $1000 invested in Apple alone vs $1M?  Index investing offers a low cost strategy that mitigates these uncertainties for the average person. Again here the key is the word \"\"average\"\". Picking a handful of the heavyweight stocks as you mention might give you better returns in 30 years, but it could just as easily give you worse. And the current data suggest the latter is more likely. \"\"Heavyweights\"\" come and go (who were they 30 years ago?) and just like how the other 450 companies may seem right now as dragging down the portfolio, just as easily a handful of them can emerge as the new heavyweights. Guaranteed? No. Possible? Yes.  Jack Bogle is simply saying low cost indexing is one of the better strategies for the average person, given the data. But nowhere is it guaranteed that in this lifetime (e.g. next 30 years) will provide the best outcome. Berkshire on the other hand are in the business of chasing maximum outcomes (mid or short term returns). It's two different concepts that shouldn't be mixed together in my opinion.\""}
{"_id": "380615", "title": "", "text": "401(k) can come in traditional and Roth forms, as can IRAs. Roth IRA money is not locked away for 40 years, only the earnings are locked away, and earnings can also be withdrawn for special cases. You might not be able to invest in an IRA if your income is too high, and if you don't get a match for your 401(k), that might not be the best option either. The biggest advantage of the 401(k) is the match (if it exists) if there's no match, the second biggest advantage is the tax deferral. If you are in a low tax bracket, that isn't as big of an advantage either. I would say that there are plenty of reasons why you might not max out the 401(k) for savings, but it's pretty easy to max out the Roth IRA if that makes more sense, so there aren't a lot of reasons why not."}
{"_id": "380618", "title": "", "text": "My post has, as of this very moment, 58 votes, with 88% up votes.  Vocal frustrated and disappointed anti-Trumpers can't change that.  Anyway, why are you so upset that Trump reduced the debt?  Maybe you should be happy for this and upset on other things Trump did that are not good? Any of those?"}
{"_id": "380635", "title": "", "text": "Public transportation is generally a lot slower and not a whole lot cheaper. By car, my commute to the Bronx would take me 20 minutes, but if I took train/bus/subway it would take 90 minutes. Now I'm working in Manhattan again and public transportation costs me over $300/month just to get to the city and back, and still takes over an hour.  And on top of all that, the IRS is cutting the 2012 limit of pre-tax income that can be allocated to public transportation commuting expenses from $225 to $125 per month. Interestingly, the limit of pre-tax income that can be used to pay for commuter parking is not being reduced. I guess the government wants us to stop using public transit?"}
{"_id": "380667", "title": "", "text": "What angers you specifically though? they offered an additional car model at a lower price that you could upgrade whenever you wanted, and it was only for their 1 cheapest model to reach more people before the model 3 release. What's wrong with that?"}
{"_id": "380672", "title": "", "text": "so... asset price inflation decoupled from fundamentals (thank you QE) along with rise in ETF (notorious depressant on volatility) means options trader are underestimating volatility? Who calculates the daily spreads between HV and IV, anyone? Im new to this."}
{"_id": "380689", "title": "", "text": "I am sure some studios at some point in time cook their books for one reason or another but the example given is a really bad one.  If the movie sites did $150m in box then I can see why it didn't net anything.  Movie theaters keep about half the box, so the net revenue is $75m.  The average marketing budget is $37m for a movie, so it wouldn't surprise me if they spent $30m on marketing.  That leaves $45m.  Then the studio needs to charge the production company for all of their services.  For instance for a third party movie they often charge 15% of net revenue for distribution.  So that would leave about $32m.  Then there are financing charges and all kinds of what are effectively rental charges for use of the lot, studio time, etc.  Point is that it is actually quite easy to see how this movie had a zero net."}
{"_id": "380696", "title": "", "text": "These are increasingly popping up at Universities and other types of large campuses where space allocation is an important and often touchy subject between departments and how they utilize their assigned space.  I suspect to see this grow considerably as many large campuses with space concerns will start looking at this kind of technology as a way to better manage their facilities.  Another variation in use is stereoscopic sensors that track room occupancy in real time, something particularly useful for managing shared meeting spaces that are being improperly utilized."}
{"_id": "380699", "title": "", "text": "Disappointing this is just an advertisement. I was hoping for a discussion on paying rent online. The online portal the property manager I rent from uses is horrible. They charge at 5% fee for processing payments online (which increases my rent by $45/mo)."}
{"_id": "380714", "title": "", "text": "\"&gt; As I currently understand, we owe much of our national debt to ourselves.   Debtors owe creditors. Creditors are, by and large, the banks. Forget about we/ourselves.  One thing we are taught in school is that banks earn money on the spread between what a creditor pays, minus what a saver earns in interest on his deposit. In reality, such private savings pretty much do not exist. When someone borrows from the bank, they mostly aren't borrowing another person's savings. The bank is creating *new* currency through the issuance of debt.  &gt; The reason for this is that people are being charged interest that does not exist in the system.   I'm not sure what you mean by \"\"does not exist in the system\"\". The way it works is you borrow a dollar, and now you owe a dollar plus the interest on the dollar. Since each new loan creates more debt than currency, the monetary system can never shrink or it implodes. If you mean that the currency is unbacked by any objective measure of value, that is correct.   &gt; Therefore, if we tried to pay the debt (like some conservative politicians are fighting for) it would be a massive transfer of wealth from the 99% to the 1%, since most of the debt is owed to the 1% (banks).  There is no possibility of repaying it. Both the Red Team and the Blue Team are in on this. If you're worried about the 99% you should be advocating commodity money, because that is the only way to stop theft by inflation. If you're worried about yourself, get informed as to how these plans have played out in history and how you might protect yourself.\""}
{"_id": "380753", "title": "", "text": "The below assessment is for primary residences as opposed to income properties. The truth is that with the exception of a housing bubble, the value of a house might outpace inflation by one or two percent.  According to the US Census, the price of a new home per square foot only went up 4.42% between 1963 and 2008, where as inflation was 4.4%.  Since home sizes increased, the price of a new home overall outpaced inflation by 1% at 5.4% (source).  According to Case-Shiller, inflation adjusted prices increased a measly .4% from 1890-2004 (see graph here). On the other hand your down payment money and the interest towards owning that home might be in a mutual fund earning you north of eight percent.  If you don't put down enough of a down payment to avoid PMI, you'll be literally throwing away money to get yourself in a home that could also be making money. Upgrades to your home that increase its value - unless you have crazy do-it-yourself skills and get good deals on the materials - usually don't return 100% on an investment.  The best tend to be around 80%. On top of the fact that your money is going towards an asset that isn't giving you much of a return, a house has costs that a rental simply doesn't have (or rather, it does have them, but they are wrapped into your rent) - closing costs as a buyer, realtor fees and closing costs as a seller, maintenance costs, and constantly escalating property taxes are examples of things that renters deal with only in an indirect sense. NYT columnist David Leonhart says all this more eloquently than I ever could in: There's an interactive calculator at the NYT that helps you apply Leonhart's criteria to your own area. None of this is to say that home ownership is a bad decision for all people at all times.  I'm looking to buy myself, but I'm not buying as an investment.  For example, I would never think that it was OK to stop funding my retirement because my house will eventually fund it for me.  Instead I'm buying because home ownership brings other values than money that a rental apartment would never give me and a rental home would cost more than the same home purchase (given 10 years)."}
{"_id": "380759", "title": "", "text": "Reinvestment creates a nightmare when it comes time to do taxes, sadly. Tons of annoying little transactions that happened automatically... Here's one article trying to answer your question: http://www.smartmoney.com/personal-finance/taxes/figuring-out-your-cost-basis-when-youve-lost-the-statements-9529/ You could also try this thing: http://www.gainskeeper.com/us/BasisProIndividual.aspx But I couldn't tell you if it would help. If it makes you feel better, brokerages are now required by the IRS to track your basis for you, so for new transactions and assets you shouldn't end up in this situation. Doesn't help with the old stuff ;-)"}
{"_id": "380763", "title": "", "text": "It might be possible to sue you successfully if someone brought evidence that your brother was absolutely totally unsuitable to drive a car because of some character flaw, and without your financial help he wouldn't have been able to afford a car. So helping a brother to buy a car, if that brother is a drinking alcoholic, or has only a faked driver's license and you know it, that could get you into trouble.  A not unsimilar situation: A rental car company could probably be sued successfully if they rented a car to someone who they knew (or maybe should have known) was disqualified from driving and that person caused an accident."}
{"_id": "380769", "title": "", "text": "It's illegal to discriminate against a borrower based on age, just like it is skin color, ethnicity, etc.  Plus if/when the borrower dies a life insurance policy is likely in place to cover the mortgage, or the house will be sold, etc."}
{"_id": "380772", "title": "", "text": "AAA Tours offers a very organized and affordable vacation planning service. With our free vacation planning service we can create a very personalized tour and vacation packages that will take care of your individual needs. With so many years of vacation planning, we can create the perfect vacation for you whether you want a family vacation, honeymoon or with friends or work or your business. http://www.aaatourcostarica.com/private-transportation-for-every-day/"}
{"_id": "380773", "title": "", "text": "\"If this is your friend, and he that convinced he will \"\"get rich\"\" from this then there's really nothing you CAN do.  You've obviously done your best to explain the situation to him, but he's been caught up in their sales pitch, and that's more convincing to him. I worked in sales for many years, and the answers he gives you (the one about not needing to know the details of how your smartphone works is a classic variation of typical objection-handling that salespeople are taught) proves that he has been sucked in by their scheme. At this stage, all you're going to do is ruin your friendship with him if you continue to press the matter, because he has made it clear he can't be convinced that this is anything other than legitimate.  The reality is, he is probably in too deep at this stage to just walk away from it, so he has to convince himself that he made a wise choice. Schemes like this use a \"\"scarcity\"\" approach (there's only so much to go around, and if you don't get yours now then someone else will get it) coupled with ego-boosting (boy, Mr. Prospect, this is such a great opportunity, and you're one of only a few who are sophisticated enough to understand and take advantage of it) to get people to lower their guard and not ask a whole lot of probing questions. Nobody wants to feel stupid, and they don't want others to think they're stupid, so these schemes will present the information in such a way that ordinarily prudent questions come across as sounding dumb, making the questioner seem not so smart.  Rather than walking away from it, peoples' pride will sometimes make them double down on it, and they'll just go along with it to come across as though they get it, even when they really don't. The small payouts at early stages are a classic sign of a Ponzi scheme.  Your friend will never listen to you as long as those little checks continue to come in, because to him they're absolute proof he's right and you're wrong.  It's those checks (or payouts, however they're doing it) that will make him step up his efforts to recruit other people into the scheme or, worse yet, invest more of his own money into this. Keep in mind that in the end, you really have no power to do anything in this situation other than be his friend and try to use gentle persuasion.  He's already made it clear that he isn't going to listen to your explanations about why this is a scam, for a couple reasons.  First (and probably greatest), it would be an admission that he's dumb, or at least not as smart as you, and who wants that?  Second, he continues to get little checks that reinforce the fact this must be \"\"real\"\", or why else would he be getting this money?  Third, he has already demonstrated his commitment to this by quitting his job, so from his point of view, this has become an all-or-nothing ticket to wealth.   The bottom line is, these schemes work because the sales pitch is powerful enough to overcome ordinary logic for people who think there just has to be an easy way to Easy Street. All you can do is just be there as his friend and hope that he sees the light before the damage (to himself and anyone else) gets too great.  You can't stop him from what he's doing any more than you can stop the sun from rising as long the message (and checks) he's getting from other people keep him convinced he's on the right path. EDIT After reading the comments posted in this thread, I do want to amend my statements, because many good points have been raised here.  You obviously can't just sit by and do nothing while your friend talks others into taking the same (or worse) risks that he is.  That's not morally right by any measure At the same time however, be VERY careful about how you go about this.  Your friend, as you stated, sounds pretty much like he's all in with this scheme, so there's definitely going to be some serious emotional commitment to it on his part as well.  Anyone and everything that threatens what he sees as his ticket to Easy Street could easily become a target when this all comes crashing down, as it inevitably will.  You could very well be the cause of that in his eyes, especially if he knows you've been discouraging people from buying into this nightmare. People are NOT rational creatures when it comes to money losses.  It's called \"\"sunken costs\"\", where they'll continue to chase their losses on the rationale they'll make up for it if they just don't give up.  The more your friend committed to this, the worse his anxieties about losing, so he'll do whatever he has to in order to save his position.  This is what gamblers do and why the house does so well for itself. Some have suggested making anonymous flyers or other means of communicating that don't expose you as the person spreading the message, and that's one suggestion.  However, the problem with this is that since the receiver has no idea who sent the message, they're not likely to give it the kind of credibility or notice that they would to something passed to them by a person they know and trust, and your anonymous message will have little weight in the face of the persuasive pitch that got your friend to commit his own money (and future). Another problem, as you've noted, is that you don't travel in the same circles as the people he's likely to recruit, so how would you go about warning them?  How would they view their first contact with you when it comes with a message not to trust what someone else they already know is about to tell them?  Would they write it off as someone who's butty?  Hard to tell. Another huge ploy of these schemes is that they tend to preemptively strike at what you propose doing -- that is, warning people to stay away.  They do this by projecting the people giving the warnings as losers who didn't see the opportunity for themselves and now want to keep others away from their own financial success.  They'll portray you as someone who isn't smart enough to see this \"\"huge opportunity\"\", and since you can't understand it, you don't think anyone else does either.  They'll point out that if you were so good with finances, why aren't you already successful? These guys are very good, and they have an answer for every objection you can raise, whether its to them or to someone else.  They've spent a long time honing their message, which makes it difficult for anyone to say something persuasive enough to sway others away from being duped.  This is a hard path, no doubt. I hope you are able to warn others away.  Just be aware that it may come at a cost to you as well, and be prepared for what that might be. I hope this helps. Good luck!\""}
{"_id": "380778", "title": "", "text": "But they were spending on things that people didnt need, ie tanks, guns, bombs. Not things a consumer would want or could use. This is the difference between productive work and the hole diggers I was illustrating before. Govt spending for the sake of spending does not create wealth, it on redirects capital from more productive avenues. Sure the govt needs to spend on war items if there's a legitimate threat of us being attacked. But govt spending should always be kept to a minimum so that the private sector can achieve the highest level of productivity with the scarce resources we have."}
{"_id": "380786", "title": "", "text": "\"There's a lot of personal preference and personal circumstance that goes into these decisions.  I think that for a person starting out, what's below is a good system.  People with greater needs probably aren't reading this question looking for an answer. How many bank accounts should I have and what kinds, and how much (percentage-wise) of my income should I put into each one?  You should probably have one checking account and one savings / money market account.  If you're total savings are too low to avoid fees on two accounts, then just the checking account at the beginning.  Keep the checking account balance high enough to cover your actual debits plus a little buffer.  Put the rest in savings. Multiple bank accounts beyond the basics or using multiple banks can be appropriate for some people in some circumstances.  Those people, for the most part, will have a specific reason for needing them and maybe enough experience at that point to know how many and where to get them. (Else they ask specific questions in the context of their situation.) I did see a comment about partners - If you're married / in long-term relationship, you might replicate the above for each side of the marriage / partnership.  That's a personal decision between you and your partner that's more about your philosophy in the relationship then about finance specifically. Then from there, how do I portion them out into budgets and savings?  I personally don't believe that there is any generic answer for this question.  Others may post answers with their own rules of thumb.  You need to budget based on a realistic assessment of your own income and necessary costs.  Then if you have money some savings.  Include a minimal level of entertainment in \"\"necessary costs\"\" because most people cannot work constantly.  Beyond that minimal level, additional entertainment comes after necessary costs and basic savings.  Savings should be tied to your long term goals in addition to you current constraints. Should I use credit cards for spending to reap benefits? No. Use credit cards for the convenience of them, if you want, but pay the full balance each month and don't overdo it.  If you lack discipline on your spending, then you might consider avoiding credit cards completely.\""}
{"_id": "380800", "title": "", "text": "Wait until the open and currently running investigation about illegal voting in California and other states - millions of illegal votes, for DNC only of course.  I am 100% sure that, just statistically, at least 4.5 million illegal votes just in California."}
{"_id": "380810", "title": "", "text": "The lawsuit, filed in the U.S. District Court of Colorado, argues that Denver-based Chipotle deceived both investors and customers into believing that the chain had fixed its food safety issues, and in doing so kept its stock price artificially high; now, they\u2019re losing money thanks to the falling stock."}
{"_id": "380815", "title": "", "text": "I'm confused... Berkshire is entirely independent from AIG. Are you saying that Berkshire would have gone bankrupt had AIG gone under? That doesn't make any sense... AIG and Berkshire were performing the same function during the financial crisis - they were market makers for CDS/CDO's. AIG needed the money. Berkshire didn't.  Please explain."}
{"_id": "380839", "title": "", "text": "They're basing it off data from Seattle, [where a minimum wage increase was approved in 2015](http://www.seattle.gov/laborstandards/ordinances/minimum-wage), and has not been fully implemented yet (and won't be until 2021, although large employers will hit $15 before then).    Seems a bit premature to me."}
{"_id": "380851", "title": "", "text": "\"From Wikipedia: Usage Because EV is a capital structure-neutral metric, it is useful when   comparing companies with diverse capital structures. Price/earnings   ratios, for example, will be significantly more volatile in companies   that are highly leveraged. Stock market investors use EV/EBITDA to compare returns between   equivalent companies on a risk-adjusted basis. They can then   superimpose their own choice of debt levels. In practice, equity   investors may have difficulty accurately assessing EV if they do not   have access to the market quotations of the company debt. It is not   sufficient to substitute the book value of the debt because a) the   market interest rates may have changed, and b) the market's perception   of the risk of the loan may have changed since the debt was issued.   Remember, the point of EV is to neutralize the different risks, and   costs of different capital structures. Buyers of controlling interests in a business use EV to compare   returns between businesses, as above. They also use the EV valuation   (or a debt free cash free valuation) to determine how much to pay for   the whole entity (not just the equity). They may want to change the   capital structure once in control. Technical considerations Data availability Unlike market capitalization, where both the market price and the   outstanding number of shares in issue are readily available and easy   to find, it is virtually impossible to calculate an EV without making   a number of adjustments to published data, including often subjective   estimations of value: In practice, EV calculations rely on reasonable estimates of the   market value of these components. For example, in many professional   valuations: Avoiding temporal mismatches When using valuation multiples such as EV/EBITDA and EV/EBIT, the   numerator should correspond to the denominator. The EV should,   therefore, correspond to the market value of the assets that were used   to generate the profits in question, excluding assets acquired (and   including assets disposed) during a different financial reporting   period. This requires restating EV for any mergers and acquisitions   (whether paid in cash or equity), significant capital investments or   significant changes in working capital occurring after or during the   reporting period being examined. Ideally, multiples should be   calculated using the market value of the weighted average capital   employed of the company during the comparable financial period. When calculating multiples over different time periods (e.g. historic   multiples vs forward multiples), EV should be adjusted to reflect the   weighted average invested capital of the company in each period. In your question, you stated: The Market Cap is driven by the share price and the share price is   determined by buyers and sellers who have access to data on cash and   debts and factor that into their decision to buy or sell. Note the first point under \"\"Technical Considerations\"\" there and you will see that the \"\"access to data on cash and debts\"\" isn't quite accurate here so that is worth noting. As for alternatives, there are many other price ratios one could use such as price/earnings, price/book value, price/sales and others depending on how one wants to model the company. The better question is what kind of investing strategy is one wanting to use where there are probably hundreds of strategies at least. Let's take Apple as an example. Back on April 23, 2014 they announced earnings through March 29, 2014 which is nearly a month old when it was announced. Now a month later, one would have to estimate what changes would be made to things there. Thus, getting accurate real-time values isn't realistic. Discounted Cash Flow is another approach one can take of valuing a company in terms of its future earnings computed back to a present day lump sum.\""}
{"_id": "380863", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.project-syndicate.org/commentary/fiscal-contraction-boost-south-america-growth-by-andres-velasco-2017-06) reduced by 86%. (I'm a bot) ***** &gt; SANTIAGO - Europe&amp;#039;s recent experience suggests that a fiscal contraction cannot be expansionary.  &gt; Fiscal contraction can be expansionary if markets expect that tightening today will prevent larger and more disruptive budget cuts in the future.  &gt; Despite the International Monetary Fund&amp;#039;s mea culpa for underestimating the short-run adverse effects of fiscal austerity on European growth, over the longer term, Fund studies make clear, &amp;quot;Reducing government debt is likely to raise output, as real interest rates decline and the lighter burden of interest payments permits cuts to distortionary taxes.&amp;quot; One does not have to stick to the controversial 90%-of-GDP threshold identified by Carmen Reinhart and Kenneth Rogoff to believe that a stronger fiscal position can help long-term growth - especially in perennially low-savings, high-interest economies like Brazil.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6erhxk/can_fiscal_contraction_ever_boost_growth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~134464 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **fiscal**^#1 **rate**^#2 **growth**^#3 **currency**^#4 **interest**^#5\""}
{"_id": "380890", "title": "", "text": "As in most anti-living wage  editorials, there is a lot of sketchiness here.  First, the workers are not minimum wage in the sense that increasing the minimum wage will not increase *their* wages.  Second, the article cites that one worker claimed to be making $2 and hour less in tips *before* the law was enacted (with wages unchanged). That seems like pretty strong evidence that tipping behavior is ultimately independent of the minimum wage.  Finally, the article cites studies that show that workers that rely on tips have higher poverty levels than those that don't.  So, while the article appears to be an editorial opposed to increasing minimum wage, a more objective look at the evidence presented suggests that the minimum wage should be increased and that Buckwalter is either a bit of an idiot or he recognizes that, as a non-minimum wage earner, he benefits from the inequality of a lower minimum wage."}
{"_id": "380894", "title": "", "text": "I hate attributing an event like this to a single cause.  That implies that the market is an orderly system where everything operates smoothly.  I prefer to see it as much chaotic. When I see a drop like that happen, I'd say that there were a lot of sellers of stocks and all the buyers were bidding less and less for those few minutes.  Perhaps the catalyst for that was a typo or a strange order.  But in the end all the participants in the market responded by bidding down stocks, not just one person.  It takes sides to complete a trade. I know my model is a bit simplistic...  I'd be happy if someone corrected me :-)"}
{"_id": "380903", "title": "", "text": "https://journalistsresource.org/studies/economics/inequality/the-effects-of-raising-the-minimum-wage      They still have to have the same amount of people. Just because your bottom line swells 3% doesn't mean that traffic slows down, and you were already on a flex schedule in your example, so there is already nowhere to cut if you intend on keeping the same level of services. You would actually inject more money into a community, so you would probably see an uptick if you were in an industry like Wal-Mart."}
{"_id": "380919", "title": "", "text": "As pointed out, these machines are hardly new and in wide use by other carriers/airports. Staff are still needed as some boarding passes may not be readable (mobile phone one's for example) and they still have the bag nazis to ensure only one carry-on in economy. The turnstiles can even issue seat changes and upgrades."}
{"_id": "380942", "title": "", "text": "\"Most online \"\"high yield\"\" savings accounts are paying just above 1%.  That would be 1.05% for American Express personal savings, or 1.15% for Synchrony Bank\u200e (currently). Depending on the length of the season, you might want to work in some CD's.  Six months CDs can be had at 1.2%, and 9 month at 1.25%.  So if you know you won't need some of your earnings for 9 months, you could earn 1.25% on your money. However, I would proceed with caution on anything other than the high yield savings account.  With your one friend having such a low emergency fund, there is very little room for error.  Perhaps until that amount is built up into something significant, it is just best to stick with the online savings. Of course, one solution would be to find a way to create income during the off season.  That will go a long way into helping one build wealth.\""}
{"_id": "380945", "title": "", "text": "\"There is a substantial likelihood over the next several years that the US Dollar will experience inflation. (You may have heard terms like \"\"Quantitative Easing.\"\") With inflation, the value of each dollar you have will go down. This also means that the value of each dollar you owe will go down as well.  So, taking out a loan / issuing a bond at a very good rate, converting it into an asset that's a better way to store value (possibly including stock in a big stable company like MSFT) and then watching inflation reduce the (real) value of the loan faster than the interest piles up... that's like getting free money. Combine that with the tax-shelter games alluded to by everyone else, and it starts to look like a very profitable endeavour.\""}
{"_id": "380951", "title": "", "text": "You are asking 'what if', do you have some anticipated answers? Having volume smaller than open interest is the norm. As far as I can tell, having only one trading day and no previous open interest only affects someone trying to sell a contract they are holding.  Meaning that if you only have one day to sell your contract then you need to offer it 'at market' or at the bid price (or even lower than the bid price). If you cannot sell your contract then you have to let it expire worthless or you have to exercise it. Those are your three options: let it expire, sell it (perhaps at a loss), and exercise it.  Edit: be careful about holding an in-the-money option. Many brokers will automatically exercise an in-the-money contract if you hold it till expiration date."}
{"_id": "380972", "title": "", "text": "Most answers to this question only address the issue of providing personal information to a scammer. But considering that a lot of questions without the personal information addition get closed as duplicates of this one, I would like to answer the question in the subject: There are several criminal schemes which involve this."}
{"_id": "380982", "title": "", "text": "I could see them taking over the old Intel campus in Hudson, or Suffolk Downs.. if there's space for an enormous casino, there's space for Amazon. the Globe speculated today they could also do something like the old NAS South Weymouth.  I think they will be tempted by the high end talent coming out of MIT, Harvard and the other top schools. Tufts and WPI are great engineering schools. Not just for engineering, but HBS, Sloan, and beyond that BC/BU/NU all have good management programs. There is also already a large footprint for Amazon here, particularly in the speech recognition area.  With GE, Massachusetts has already signaled willingness to commit to tax breaks to lure prestige businesses.  Realistically Boston and Toronto are the only places that checks all their boxes, short of Silicon Valley. Austin, Denver and Minneapolis might also compete if the public transportation requirement isn't strict."}
{"_id": "380992", "title": "", "text": "I know you've already lost interest, but i just wanted to respond to this:  &gt;money is a store of value  No, it is not. Money is a very poor store of value. Money is intended as a means to transfer value from one to another.   &gt;You appear to be afraid of what would happen if people were allowed to voluntarily choose what money to use, without government interference.  I repeatedly encouraged you to use alternative currencies, i don't know where you get this from."}
{"_id": "381000", "title": "", "text": "\"Taxing. Paperwork (ie. time spent filling out useless forms while I can't work for my business). Other costs just to satisfy whatever they want/need (accounting, auditing, licensing, etc...). I think some of it is necessary, but they take it to the full extent in the sense of someone just trying to justify their job. \"\"Well, where did this 21 cents go?!?!?\"\"  Um, up your ass?\""}
{"_id": "381028", "title": "", "text": "In addition they had won several awards from the government in food safety and innovation.     Maybe they shouldn't have.  But it's confusing to be working with regulators to improve food processing, get accolades for your work,  then destroyed for that same work."}
{"_id": "381065", "title": "", "text": "You should be able to live if you're working 40 hours per week.   All of your links were to a 15$ minimum wage. I clearly stated I was against a $15 minimum wage and instead should increase the wage based off median rent within the state and other factors. Econ 101. You think at the margins. a $4.50 cent reduction (lets say the minimum wage is 10.50) would have far less consequences than $15, especially when it concerns millions of people. Because you know, 78.2 million people in America earn hourly wage.   Your reply to my citations, once again mention $15 minimum wages, which I'm vehemently against as I stated. Your restaurant link is also context-less. Your ignoring that most waiters,waitresses aren't paid salary at all. So your jumping from close to zero labor cost to 15. Which, once again I stated I was against. Restuarants are also an outlier, because I don't know too many business model's that pass labor cost on to customers.   Succinctly, the minimum wage was employed when Americans had trouble finding housing, food and other basic necessities. (https://www.laborlawcenter.com/education-center/purpose-of-minimum-wage/).   A home, food, utilities, are ALL necessities. Combined with the fact that the minimum wage used to support families, I will absolutely argue that it was it's intended purpose.   Trigger warning?: I have both parents. They love me very much and have sent me and both my brothers to major schools. It doesn't trigger me. Your just an asshole because if this woman was raped,  it's not poor decision making. Nah, your right, she should've stayed with her abuser.  No Edit Needed: Did you even read my reply? I'm going to guess you skimmed it and replied to the few points you barely read with things you already believe. Poor /u/thewaywardsaint making poor choices in responding and looking like an asshole while not replying to any points. It must suck."}
{"_id": "381068", "title": "", "text": "You can consider opening accounts either in Paypal or Google Wallet. In this way, you link your bank information to these accounts and the only information you need to provide your tenant is your e-mail id. Its safe and in this scenario -- just money transfer through bank account, there is no fee either for the sender (your tenant) or the receiver (you)."}
{"_id": "381081", "title": "", "text": "The American taxpayer absolutely is subsidizing their business model. We are offsetting the cost of getting their employees in the door every morning. We're supplementing their workers' food budgets and medical budgets. That is money that ought to be coming out of Walmart's pocket.   Listen, everybody who doesn't come from money is forced to work. Unless you don't mind living outside without medical care, fresh food or family. If you happen to have poor access to education or failed to achieve for some reason then you're forced to take what you can get. If that job doesn't offer a living wage than you'll have to pick up a few extra shifts or another job altogether.   You want to talk about child-like world views? Let's talk about the one that you espouse where high school dropouts get to negotiate with corporations for a living wage and if it doesn't work out that's just fine -- after all nobody is forcing them to take a job.  We have a social contract in our country. People shouldn't have to work more than 40 hours a week just to put food on the table or pay their medical bills. When that happens it's an indication that something is seriously wrong."}
{"_id": "381089", "title": "", "text": "Wiring Repair Parramatta offers an exclusive condition wire repair for your car. If you are, busy and cannot take your car for repair, just a call away to the car repair service experts, you will get the service rapidly and you can schedule the time of repairing and the team will contact you accordingly."}
{"_id": "381097", "title": "", "text": "I was in a very similar situation and successfully landed my top choice job in finance. The best advice I can give is, as most people have said here before, network. I can honestly say networking is the main reason why I got my job. After networking though just make sure you are prepared for the interview. You mentioned that you were interested in ibanking. If so, don't bother spending your time making a buy-side equity report. Brush up on your accounting skills (know how to do a DCF), make sure you know exactly what ibanking entails and finally make sure you have a very solid story as to why you want to do it and what you hope to get out of ibanking.   It's a tough road but it is possible so don't give up.   Edit: Also don't just focus at BB banks. Look at boutiques and MM banks as well. Anything that will give you experiences you can put on your resume."}
{"_id": "381100", "title": "", "text": "As long as your money is green and you aren't buying something prohibited to youngsters (booze, cigarettes, etc.) I doubt any store is going to refuse your business."}
{"_id": "381102", "title": "", "text": "The one those investors said 'hey instead of pricing Tesla 10 years out, we will pool in and create jobs, by founding a $5b bank with locations nationwide'.  I use them because they give great rates at places I shop. Such as if I buy a new tv from that new company founded by that hedge fund that pulled out of netflixes 10 year pricing and started an electronics firm I save 25%!!"}
{"_id": "381103", "title": "", "text": "\"&gt; Everything isn't about you?  I'm Ron Burgundy?  &gt; Do statistics only matter when they correlate directly to you?  No, but they have to directly relate to *someone*!  Median income represents no individual.  These collective statistics are a meaningless metric when looking at providing a life for yourself and your family.  These \"\"news\"\" articles are meaningless.  What is the purpose here?  The \"\"middle class\"\" is poorer!  What does that even mean?  What are you trying to say?  This is nothing but a distraction, all to earn clicks to get ad money.\""}
{"_id": "381104", "title": "", "text": "Since you already have twice your target in that emergency fund, putting that overage to work is a good idea. The impression that I get is that you'd still like to stay on the safe side. What you're looking for is a Balanced Fund.  In a balanced fund the managers invest in both stocks and bonds (and cash). Since you have that diversification between those two asset classes, their returns tend to be much less volatile than other funds. Also, because of their intended audience and the traditions from that class of funds' long history, they tend to invest somewhat more conservatively in both asset classes.  There are two general types of balanced funds: Conservative Allocation funds and Moderate Allocation funds. Conservative allocation funds invest in more fixed income than equity (the classic mix is 60% bonds, 40% stocks). Moderate allocation funds invest in more equity than fixed income (classic mix: 40% bonds, 60% stocks). A good pair of funds that are similar but exemplify the difference between conservative allocation and moderate allocation are Vanguard's Wellesley Income Fund (VWINX) for the former and Vanguard's Wellington Fund (VWELX) for the latter. (Disclaimer: though both funds are broadly considered excellent, this is not a recommendation.) Good luck sorting this out!"}
{"_id": "381112", "title": "", "text": "The same with infrastructure or a variety of other programs. The government does pay for secondary school though it didn't always. I think in time, community colleges and an associate's degree will be pretty basic and require little if any tuition."}
{"_id": "381114", "title": "", "text": "There is no way that someone on this site can tell if they overpaid you. So for the purposes of my answer I am going to assume that the company is correct that you got overpaid somehow. I think the answer is pretty clear if they DIDN'T overpay you. If they overpaid you then Yes you owe the money. Why would you think otherwise. If they underpaid you, wouldn't you expect that they owed you money? Why should the opposite be any different? Finder's Keepers isn't a legal defense in this situation."}
{"_id": "381116", "title": "", "text": "In general I'd advise you to do it the other way around in the future:   Know what your plan is and what you need for it *before* reaching out publicly. That way you can respond more quickly and answer questions more easily.   As for the meeting: you basically need to prepare three things.   1. What do you need to know when the meeting is over? 2. What can you offer the client? 3. What is a fair price for your time?  Under 1: What kind of website do they want? Do you have complete freedom, or do you have to work within their existing branding? Can you deliver what they're asking? For example, if they want a CMS to manage their portfolio, can you build that?  Under 2: What's your own portfolio like? What can you use to convince the client you have the capabilities to deliver what they're asking? (Note the difference with 1: that's if you can actually do it, this is if you can convince them of that fact).   Under 3: Determine what you'd find a fair hourly wage, so that during the meeting you can estimate what the total price should be and when you should consider backing out.   Finally you should consider what you'll do if you run into complications. As it's your first client, it's good to give it some thought ahead of time, but it probably won't come up during the meeting.  As for being convincing: if you get #2 right you should be confident that you can actually do what you promise. If your portfolio is limited, you can look up websites yourself for other interior designers before the meeting so that you can go over them with the client. Ask which elements the client does and doesn't like, summarize it in the end and affirm you can deliver something combining those things."}
{"_id": "381120", "title": "", "text": "People had their identity stolen all the time prior to Equifax.  How, exactly, does she plan to prove this their fault?  Yes, there was a 15% increase in fraud from norms in August, but how do you prove their data caused your loss?"}
{"_id": "381124", "title": "", "text": "You can deduct eyesight correction surgery if it is medically necessary, you itemize deductions, and your medical expenses exceed 10% of your AGI. Obviously, the portion you paid with the money from FSA doesn't count, since it is considered reimbursement, but the FSA contributions are pre-tax. Similarly with HSA."}
{"_id": "381151", "title": "", "text": "Chris, since you own your own company, nobody can stop you from charging your personal expenses to your business account. IRS is not a huge fan of mixing business and personal expenses and this practice might indicate to them that you are not treating your business seriously, and it should classify your business as a hobby. IRS defines deductible business expense as being both: ordinary AND necessary. Meditation is not an ordinary expense (other S-corps do not incur such expense.) It is not a necessary expense either. Therefore, you cannot deduct this expense. http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Deducting-Business-Expenses"}
{"_id": "381156", "title": "", "text": "I think you grossly overestimate the amount required to successfully lobby the American government.   Take a look at BoA\u2019s current [lobbying amount. ](https://www.opensecrets.org/orgs/summary.php?id=d000000090) (spoiler: it\u2019s under 10 million a year).   Shit, even Comcast, the company people always point to as an example of unethical lobbying, spent 12 million a year."}
{"_id": "381164", "title": "", "text": "Not especially. It depends on why sales have changed. If it's just consumer demand, that affects everyone in parallel rather than pushing in opposite direactions. If it's changes other than sales, that may have no effect on other companies. If it's because someone introduced the next must-have-it device and they're selling rapidly and drawing customers from the competing brands, maybe. And that's all neglecting the fact that this may already have been incorporated into the competitor's share price long ago, in anticipation of this news. Sorry, but the market just ain't simple."}
{"_id": "381179", "title": "", "text": "Part of the difficulty in this sort of planning is that you are also betting on future tax rates and comparing them with current taxes.  If you are in a low tax bracket now, but expect to be in a higher one when you take the money out, it is better to pay the taxes now.  If you are in a high tax bracket now, but expect to be in a lower one when you retire/take the money out, then it is better to defer the taxes until then.  If you think that future sessions of Congress will decide to tax withdrawals from Roth accounts, then you should contribute to traditional accounts.  The problem is that you don't know with certainty what the future will bring. So you have to make educated guesses about what might happen, and what you can do now to protect yourself from it. Ideally, plan so that even if the bad things happen, you will be reasonably comfortable."}
{"_id": "381195", "title": "", "text": "i have been trading with dollarbird Trading firm for past 1 year there is absolutly no problem everything is fine you can google them to find anything about them.they have provided me with LASER trading platform which requires a bit of training as in to know the software but i can say one thing trading in US Equity market exp. is very diffrent from indian market they are very mature market and highly liqd and have good volatality to trade best equity market to trade with great trading platform you should have a exp. to trade on US equity it is diffrent"}
{"_id": "381235", "title": "", "text": "How does the system deal with a new car?  Granted Tesla isn't super new any more, but when the Model S first came out they needed to use some existing (group of) vehicles to estimate the cost of insuring it.  The article makes it sound like they now have better data and are adjusting accordingly."}
{"_id": "381259", "title": "", "text": "moneydashboard.com  claims to be the UK's Mint but I have problem using it with my HSBC account right now. I have contacted their helpdesk."}
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{"_id": "381268", "title": "", "text": "I was emailing back and forth with a manager in a different department on how real returns are being calculated, and he said that the industry standard is 1 + real returns*(1+inflation) - fees, and to not use my formula because it can double count inflation, making fees lower. However, real returns are not observable in the future, and I do not why he uses that formula. The returns were used in an Excel spreadsheet.   What are your thoughts about this?"}
{"_id": "381310", "title": "", "text": "As folks have explained in the comments:"}
{"_id": "381322", "title": "", "text": "Instagram is one of the most popular social sites among many others such as Facebook, Twitter Snap Chat and Google+. All these websites play a very important role in the conduct of business organizations. In particular, Instagram has several ways in which it has advantages to promote their services and possessions. They consist of likes, comments and followers."}
{"_id": "381338", "title": "", "text": "It will cost the same no matter what currency you use, unless you have access to a deal with a currency exchange that gives you an especially favourable conversion rate for a particular currency. If the current exchange rates are US$1.70 to the \u00a3, CA$1.80 to the \u00a3 and HK$12.50 to the \u00a3, then \u00a31, US$1.70, CA$1.80 and HK$12.50 are just four different ways of writing the same amount of money. So whether you pay in US$, CA$ or HK$ it's the same amount of money that you're paying."}
{"_id": "381341", "title": "", "text": "\"Banks often offer cash to people who open savings accounts in order to drive new business. Their gain is pretty much as you think, to grow their asset base. A survey released in 2008 by UK-based Age Concern declared that only 16% of the British population have ever switched their banks\u201a while 45% of marriages now end in divorce.  Yip, till death do most part. In the US, similar analysis is pointing to a decline in people moving banks from the typical rate of 15% annually. If people are unwilling to change banks then how much more difficult for online brokers to get customers to switch? TD Ameritrade is offering you 30 days commission-free and some cash (0.2% - 0.4% depending on the funds you invest).  Most people - especially those who use the opportunity to buy and hold - won't make much money for them, but it only takes a few more aggressive traders for them to gain overall. For financial institutions the question is straightforward: how much must they pay you to overcome your switching cost of changing institutions?  If that number is sufficiently smaller than what they feel they can make in profits on having your business then they will pay. EDIT TO ELABORATE: The mechanism by which any financial institution makes money by offering cash to customers is essentially one of the \"\"law of large numbers\"\".  If all you did is transfer in, say, $100,000, buy an ETF within the 30-day window (or any of the ongoing commission-free ones) and hold, then sell after a few years, they will probably lose money on you.  I imagine they expect that on a large number of people taking advantage of this offer.   Credit card companies are no different.  More than half of people pay their monthly credit balance without incurring any interest charges. They get 30 days of credit for free.  Everyone else makes the company a fortune. TD Ameritrade's fees are quite comprehensive outside of this special offer.  Besides transactional commissions, their value-added services include subscription fees, administration fees, transaction fees, a few extra-special value-added services and, then, when you wish to cash out and realise your returns, an outbound transfer fee. However, you're a captured market.  Since most people won't change their online brokers any more often than they'd change their bank, TD Ameritrade will be looking to offer you all sorts of new services and take commission on all of it. At most they spend $500-$600 to get you as a customer, or, to get you to transfer a lot more cash into their funds.  And they get to keep you for how long?  Ten years, maybe more?  You think they might be able to sell you a few big-ticket items in the interim? Maybe interest you in some subscription service? This isn't grocery shopping.  They can afford to think long-term.\""}
{"_id": "381362", "title": "", "text": "I also searched for some time before discovering Market Archive, which AFAIK is the most affordable option that basically gives you a massive multi-GB dump of data.  I needed sufficient data to build a model and didn't want to work through an API or have to hand-pick the securities to train from.  After trying to do this on my own by scraping Yahoo and using the various known tools, I decided my time was better spent not dealing with rate-limiting issues and parsing quirks and whatnot, so I just subscribed to Market Archive (they update the data daily)."}
{"_id": "381370", "title": "", "text": "\"Fair enough, I argued from a worse-case-scenario point of view. I should have started with _\"\"Even supposing that Google didn't recoup a dime from the product placement, and that they were simply throwing money at FF, [...]\"\"_  Of course Google makes _some_ money from the toolbar; my point was, it doesn't matter if it's much less than 100 millions, although I wish everyone they make more.\""}
{"_id": "381384", "title": "", "text": "He literally wrote a 1500 handbook on trusts and was a trust counsel at a huge bank for a long time so I definitely don't doubt his words. In one month I've learned what feels like an absolutely insane and mind blowing amount. I'll ask him after next class though to clarify what he meant. But he was also for sure talking about commercial purposes like mutual funds and stuff too.   Edit: Im only posting here because a lot of stuff he says goes over my head as I am still a student and learning about trusts lol"}
{"_id": "381386", "title": "", "text": "Usually your best bet for this sort of thing is to look for referrals from people you trust. If you have a lawyer or other trusted advisor, ask them."}
{"_id": "381392", "title": "", "text": "As opposed to a minor, which is worth fuck all?  And if we are going to talk about wasting ones time, I think majoring in finance is a good place to start....  I suppose if you're shooting for some BS job at a big bank, you're right. Your education is more a ticket to the club than any useful knowledge. Seeing as how a finance degree gives you exactly zero knowledge, it fits well."}
{"_id": "381400", "title": "", "text": "Do new automobiles typically release in low numbers? and later you say  The car released 2 days ago. I called around and discovered local dealers only have ~10 2018's total for all trims. So you are calling local dealers and they have ten after two days.  Let's say you are in New York City, population eight million (about 2.5% of the United States population).  That would suggest that there are around four hundred produced in two days (10 is 2.5% of 400), or two hundred a day.  That would be four thousand a month (assuming four weeks, each with five workdays).  Considering that the most sold in a month were 14,207 in June of 2013 and March's 7727 was the best this year, that seems to be a decent pace if a little slow to start.   Now, let's assume that you are using a local area with a population of only two million.  This could still be New York City if you only call dealers in a quarter of the area.  Their two day pace would put them on a rate to produce sixteen thousand the first month, which is more than they can reasonably expect to sell.   If your local area is an even smaller portion of the US overall, this might not actually be low inventory.   Don't forget that some dealers may also still have 2017 vehicles left.  They might want to sell those before they order too many new vehicles.  Particularly as they may not know what feature packages sell best yet.  If they're willing to tell you that they have three 2018s (and sold a fourth), they should be eager to tell you how many 2017s they have.  A high 2018 price gives them a better chance to sell the 2017s at a profit.   If you really want to check if they are having production problems, ask how long it will be to order a vehicle.  For a US manufactured car, special order should fall in the five to eight weeks range.  If that's what they're quoting, then there probably are not production problems.   When trading with a dealer, do your research, tell them what you believe a fair price is, and then be ready to walk if they won't give it to you.  Be up front.  Tell them that you're willing to pay $X to the first dealer that takes the offer.  You'd prefer that dealer because (whatever--maybe they're closest), but you aren't paying more than $X.  If they let you get in your car and drive away, then they really think they can get a better price."}
{"_id": "381405", "title": "", "text": "&gt; The fact remains that the very wealthy and very large corporations are structured so that they don't pay that particular type of tax.  Going to have to stop you right there. Most Fortune 500 companies pay a LOT of tax. Additionally, they get targeted for audits quite a bit because of their size and complexity. But at the end of the day, if it shows a net profit on their income statement, they're generally paying tax.  Individual tax law is quite a bit different and not my current area of expertise, though I did prepare individual tax returns before I started working for the government and I can say that there are quite a few more provisions for avoiding tax for an individual. Regardless, if you're playing by the rules, there can be a variety of reasons why your 'effective rate' is lower.   A progressive scale for capital gains will just lead to high-income individuals transferring the form of income to something else."}
{"_id": "381415", "title": "", "text": "First, you are describing trickle down economics; which has been disproved.  Since, the wealth gap in America is the highest it has ever been; and continues to grow.  Second, please provide your data to backup your point of countries slipping into poverty; because, of progressive tax rates.   I will give you one example contrary to your statements:  [Sweden](https://www.theatlantic.com/business/archive/2017/09/sweden-startups/541413/)  Look it up, generous government spending (from high taxes) have the put the Swedes in a great position."}
{"_id": "381432", "title": "", "text": "\"I think you already have a lot of good ideas here. I also don't agree with going with a company to \"\"repair\"\" your credit. They don't have any secret method on how to do so anyway, it takes time and hard work.  Cut out things that you are more luxury items. Cable for me is a must (Haha) but I can go without having HBO, showtime, etc. Make a list of the things you currently pay for and you will be able to see exactly what you can't \"\"live without\"\" and what you can live without.  The good thing nowadays there's so many side gig options available! Check out this article here: https://www.learnvest.com/2017/06/this-is-how-much-you-could-make-through-airbnb-uber-and-7-other-popular-side-gigs. This goes into detail on how much you can make on these sites on a monthly average. Since you're in IT, you can use fiverr! I've used fiverr a lot of projects, you create your own deadlines, work schedule, you accept the jobs you want, similar to your UBer and Lyft but Fiverr has a lot of contractors with a variety of skills specifically in IT, lots of demand for web developers not sure what IT field you're in.  Hope this helps! Good luck!\""}
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{"_id": "381471", "title": "", "text": "They need to go 'software and services' - I had a Nokia in the day with a BB client, not sure if they still integrate with 3rd parties. They could cut their losses and revamp as the secure business solutions for iOS, Android and Windows phone."}
{"_id": "381489", "title": "", "text": "Oh, so I hate the poor because I want to create jobs and not have grown adults work jobs ment for kids?  How about you educate yourself in accounting and  business. Think with logic instead of your 'feels'. Min wage wont help these people (but it sure will help the robots)."}
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{"_id": "381512", "title": "", "text": "IQ Option has brought revolution Binary options trading industry with its advanced trading platform and transparent trading environment. In India, IQ option has gained much popularity among traders. IQ Option India offer high profitability up to 92 percent for successful trades. It has gained popularity as a high return investment today. It is totally legal to trade binary options with regulated brokers. When it comes to regulated brokers - IQ Option tops the list. IQ Option has dedicated customer service and useful training resources for Indian traders."}
{"_id": "381520", "title": "", "text": "&gt;$40,000 student loan she took out in the 90s has exploded to over $300,000, due to her inability to pay the high-interest rates and fees.  This is the dumbest thing I've ever heard. Student loans should be no more than the paper rate plus whatever processing fees and a small percentage of that fee and nothing more. Banks are borrowing money from the Fed for essentially free or close to it and then turning around and loan sharking it to kids.   Universities receiving even a penny of government funding should have salaries heavily scrutinized. There are professors at UCLA making &gt; $200K. That's patently absurd."}
{"_id": "381523", "title": "", "text": "\"I agree. But the whole argument justifying the tax breaks for the rich is that they are the \"\"job creators.\"\" Giving poor people tax breaks and handouts is because they may often need them. There is no necessity to give them to the rich because they would do just fine anyways. But if they are job creators fueling the economy then the fatcat fucks in Congress can rationalize making sure their taxes and those of their contributors stay low.\""}
{"_id": "381528", "title": "", "text": "&gt; these two seem to be intertwined,  Yes  &gt; and CRB seems to precede the trend in unemployment.  Looks to me the other way.  based on your weekly CRB, the inflection point seems to be May 2011.  Looking at unemployment, early 2007 is the inflection point with an upturn about March 2008.  I'd say CRB reacts."}
{"_id": "381557", "title": "", "text": "All of a sudden having each stall with a charging station is a selling feature and home owners associations will install them to improve resale value.  In theory.  Then again I worry about lithium demand.     That my friend is the long term play.   I think it's still in infancy."}
{"_id": "381559", "title": "", "text": "This right here is the mindset of the Democrat party (and why I will never vote for one until it changes).  It's class warfare.  Somehow people that have less money are worth more than people with money (even if they earned it through hard work).    I guess it pays to be a lazy asshole that leeches off the system."}
{"_id": "381568", "title": "", "text": "I started a company that's in the process of trying to become an SEC approved funding portal as defined by this Act.  That being said, I obviously think it was a good thing overall. It's going to be much easier for companies to raise money. However, I think it's also going to be much more difficult find good investments. There's a chance that it might fuel a bubble similar to the Dotcom bubble in the late 90's/early 00's. That's *if* it takes off. I have some doubts that it will really change the landscape a whole lot. Even though it's now legal, you still don't see startups, hedge funds, etc. soliciting investments. At least I don't.  Some of the relaxing of SOX requirements is interesting, but I don't think that really does anything but just defer the inevitable. There are quite a few private companies that are already SOX compliant simply because if they go public or get purchased by a public company, that can be a big advantage.  The increasing of shareholders of record from 500 to 2,000 is irrelevant really. One shareholder of record can sell portions of their interest to as many people as they want (See: Goldman Sachs and Facebook).  Making equity investments in startups available to regular Joe's is a good thing overall. It allows the possibility that someone making $50k per year to invest in a company that could, in the long run, boost them up a tax bracket or two. The flipside of that is that I still believe most of the US to be financially illiterate. There's a possibility of abuse. The SEC is currently writing rules to try and stem that, but there will still be people who do it. Hopefully it's not too bad.  Lifting the ban on general solicitation is, in general, a good thing. For startups I think this might be advantageous, but won't be used very much. Part of the reason startups choose the investors they do (if they're smart) is for what value that person or people bring to the table besides cash. If I'm a startup and I need some money, I'm giving up a portion of my baby to someone. I want to make sure that person is smart and on the same page with me. I'm not going to settle for just anyone. It's important to remember that even if that person has one share, they still get a vote and a say in how I run my company.  **TL;DR** - Overall I think it's going to be good. It's not going to be quite as radical as most people think. There will be some abuses of the new laws and regs, but that comes with the territory."}
{"_id": "381595", "title": "", "text": "A question that shoukd be asked by the employee is do you mind if I disagree with you.  I just left a job because I refused to agree with a scope of work that looked liked it was written by drunks in a bar (which they admitted it was).  They grilled me in a room for almost an hour trying to get my agreement with no access to my notes or anything. I just sat there and said no, went to my desk and resigned.  Edited to add, while I was writing my resignation I was called in to HR and given a personal warning on record about misspellings on a mobile phone.   Great place to work! Anyways start  a new job Monday all good, More pay, they like disagreement they think it's healthy and my new boss was my old boss for 6  years."}
{"_id": "381603", "title": "", "text": "Honestly GPA matters a ton in this kind of stuff. Most firms set an unofficial cutoff at around 3.5. GS hit our school and only interviewed people with 3.8+. 3.0 isn't going to get you very far (unless you're going into sales or something...)"}
{"_id": "381610", "title": "", "text": "You're effectively looking for a mortgage for a new self-build house.  At the beginning, you should be able to get a mortgage based on the value of the land only.  They may be willing to lend more as the build progresses. Try to find a company that specializes in this sort of mortgage."}
{"_id": "381617", "title": "", "text": "Well, if you can get a loan for 3.8% and reliably invest for 7% returns, then you should borrow as much as you possibly can - the whole employment/existing loan situation doesn't even enter into it! But as they say, if something is too good to be true, it probably isn't (true). The 7-8% return are not guaranteed at all, but the 3.8% interest is. And while we're at it, 3.8% for an unsecured loan sounds pretty damn low, I would be really doubtful about that. I mean, why would the bank do that if they could instead invest the money for 7-8%?"}
{"_id": "381655", "title": "", "text": "\"Yes you can, but to do so successfully, you need lots of money. You also need to be able to meet the criteria for being classified as a \"\"professional trader\"\" by the IRS. (If not, you'll be buried in paperwork.) The fact that you're asking about it here probably means that you do not have enough money to succeed at HFT.\""}
{"_id": "381665", "title": "", "text": "\"It's not a ponzi scheme, and it does create value. I think you are confusing \"\"creating value\"\" and \"\"producing something\"\". The stock market does create value, but not in the same way as Toyota creates value by making a car. The stock market does not produce anything. The main way money enters the stock market is through investors investing and taking money out.   The only other cash flow is in through dividends and out when businesses go public.  &  The stock market goes up only when more people invest in it. Although the stock market keeps tabs on Businesses, the profits of Businesses do not actually flow into the Stock Market. Earnings are the in-flow that you are missing here. Business profits DO flow back into the stock market through earnings and dividends. Think about a private company: if it has $100,000 in profits for the year then the company keeps $100,000, but if that same company is publicly traded with  100,000 shares outstanding then, all else being equal, each of those shares went up by $1. When you buy stock, it is claimed that you own a small portion of the company. This statement has no backing, as you cannot exchange your stock for the company's assets. You can't go to an Apple store and try to pay with a stock certificate, but that doesn't mean the certificate doesn't have value. Using your agriculture example, you wouldn't be able to pay with a basket of tomatoes either. You wouldn't even be able to pay with a lump of gold! We used to do that. It was called the barter system.  Companies also do buy shares back from the market using company cash. Although they usually do it through clearing-houses that are capable of moving blocks of 1,000 shares at a time.\""}
{"_id": "381673", "title": "", "text": "I'm not exactly sure what you mean by this statement.  As a libertarian myself, the only thing that's really surprising to me is that it was Keynes who said it. It's pretty much standard fare for liberterian socioeconomic thought to decry corporatism / rent-seeking while simultaneously praising industriousness and capitalism as we understand it to be.  All this is saying to me is that Keynes *understood* what capitalism was, but recommended what he recommended anyhow. Which is unfortunate, but not really surprising now that I think about it given how the Chicago School operates in general."}
{"_id": "381675", "title": "", "text": "Slightly off topic, I wondered what inflation has been like since 1850.  The Fed says the current dollar is worth 28 times less than the 1850 dollar.  This seems low.  The 1850 dollar contained 1/20th of an ounce of gold, which sells at $65   today.  So the current dollar is actually worth 65 times less. Another way of looking at this is by salaries.  Most jobs have changed too much, but a grunt in the US Army is essentially the same. A private in 1850 made $158/year and in 2017 it's $19200/year, so a dollar is worth 121 times less today.    I have a hard time believing the Fed's figure when it seems like inflation is two to four times more."}
{"_id": "381685", "title": "", "text": "Yeah sure so the ability to make money diminishes as you talk about more liquid products.  How does anyone going into BBIB trading prepare themselves if stealing bips in this manner is  so different from trading prop?"}
{"_id": "381692", "title": "", "text": "\"Eh, by that logic cities wouldn't expand. If you can't house people on the prevailing wage the wage needs to raise or the rents need to drop- unless /r/urbanhell is your idea of solid investment.  EDIT: \"\"cities\"\" not \"\"i toes.\"\"\""}
{"_id": "381702", "title": "", "text": "He's one of the insane few that get high just off the pursuit and risk of money. Even then though, part of his desire for success may come as a desire for recognition among his peers, which is a driving force for many according to the article. The money is just the scale in which he measures his personal success and respect."}
{"_id": "381720", "title": "", "text": "There is also security aspect. By reducing the number of active credit/debit cards, one significantly reduces the surface of attack. There is smaller chance of getting one of your card information stolen and misused (cf Target data leaks and others)."}
{"_id": "381725", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/world/2017/mar/21/plight-of-child-workers-facing-cocktail-of-toxic-chemicals-exposed-by-report-bangladesh-tanneries) reduced by 80%. (I'm a bot) ***** &gt; Children as young as eight, working in the tanneries of Bangladesh producing leather that is in demand across Europe and the USA, are exposed to toxic chemical cocktails that are likely to shorten their lives, according to a new report.  &gt; Approximately 90% of those who live and work in the overcrowded urban slums of Hazaribagh and Kamrangirchar, where hazardous chemicals are discharged into the air, streets and river, die before they reach 50, according to the World Health Organisation.  &gt; Child workers clad in no more than loin cloths and wellington boots are exposed to chemicals including formaldehyde, hydrogen sulphide and sulphuric acid, write Venkiteswaran Muralidhar, associate professor at the Sri Balaji Medical college in Chennai, and colleagues.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6iv59s/bangladesh_children_working_to_in_sweatshop/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~150251 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **chemical**^#2 **tanneries**^#3 **clinics**^#4 **set**^#5\""}
{"_id": "381751", "title": "", "text": "Interest is a fee that you pay in order to use someone else's money. Once you've made the deal, pretty much anything you do that reduces the total interest that you pay does so by reducing the time for which you get to use their money. As an extreme example, consider a thirty-year interest-only loan, with a balloon payment at the end. If you pay it off after fifteen years you pay half as much interest because you had the use of the money for half as long. The same thing happens when you make biweekly payments: you reduce the total interest that you pay by giving up the use of some of the borrowed money sooner. That's not necessarily bad, but it's also not automatically good."}
{"_id": "381753", "title": "", "text": "Disclaimer: I am not an attorney, and I have not 100% researched the law. Take any advise from an online forum with a grain of salt. Please consult an attorney, tax specialist, or the IRS directly for any concrete answers. AFAIK there isn't anything that would prevent you from starting a business. Simply owing back taxes shouldn't make a difference on how you make money, whether that is working for yourself or someone else. All the IRS is concerned about at this point is that you still owe them. When going through the process of forming an LLC a couple of years back, I don't recall any personal tax information being brought up except when we were discussing possible loan options. Regarding loan options, one important issue you may come into is if the IRS has filed a lien against you: A federal tax lien is the government\u2019s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government\u2019s interest in all your property, including real estate, personal property and financial assets. A lien will exist on your credit report for 7 years after it is released: The IRS releases your lien within 30 days after you have paid your tax debt. With a lien, it will be very difficult to get a loan or other financing for your small business. If this ends up being the case, you can try to get a discharge or subordination on specific property that would allow lenders a claim on your property ahead of the IRS. Otherwise, you may find yourself relying solely on what money you currently have. A big point is the IRS's threshold on filing a lien is $10,000: The Fresh Start Initiative increased the IRS Notice of Federal Tax Lien filing threshold from $5,000 to $10,000; however, Notices of Federal Tax Liens may still be filed on amounts less than $10,000 when circumstances warrant. Since you currently owe ~$8,000 over the past 3 years, it is possible that adding another year in back taxes will cause the IRS to file a lien if they have not yet already done so. So it may be something to keep an eye on if you do plan on taking out a loan for your business."}
{"_id": "381757", "title": "", "text": "\"You are conflating two different types of risk here.  First, you want to invest money, and presumably you're not looking at the \"\"lowest risk, lowest returns\"\" end of the spectrum. This is an inherently risky activity.  Second, you are in a principal-agent relationship with your advisor, and are exposed to the risk of your advisor not maximizing your profits. A lot has been written on principal-agent theory, and while incentive schemes exist, there is no optimal solution.  In your case, you hope that your agent will start maximizing your profits if they are 100% correlated with his profits. While this idea is true (at least according to standard economic theory, you could find exceptions in behavioral economics and in reality), it also forces the agent to participate in the first risk.  From the point of view of the agent, this does not make sense. He is looking to render services and receive income for it. An agent with integrity is certainly prepared to carry the risk of his own incompetence, just like Apple is prepared to replace your iPhone should it not start one day. But the agent is not prepared to carry additional risks such as the market risk, and should not be compelled to do so. It is your risk, a risk you personally take by deciding to play the investment gamble, and you cannot transfer it to somebody else.  Of course, what makes the situation here more difficult than the iPhone example is that market-driven losses cannot be easily distinguished from incompetent-agent losses. So, there is no setup in which you carry the market risk only and your agent carries the incompetence risk only. But as much as you want a solution in which the agent carries all risk, you probably won't find an agent willing to sign such a contract. So you have to simply accept that both the market risk and the incompetence risk are inherent to being an investor.  You can try to mitigate your own incompetence by having an advisor invest for you, but then you have to accept the risk of his incompetence. There is no way to depress the total incompetence risk to zero.\""}
{"_id": "381813", "title": "", "text": "I receive checks from my tenant. Also, from our medical reimbursement account. I'm sure there's an option somewhere to get that direct deposited, just haven't yet. My wife will write checks for school functions. Funny, they haven't cashed one since february, and this is the one item to look for every time I reconcile her account. A few select others don't take credit or debit cards. Our tailor (losing weight, needed pants pulled in), among others. The number of checks is surely down an order of magnitude over the years, but still not zero."}
{"_id": "381830", "title": "", "text": "The VAT number should be equivalent from the point of view of your client. The fact that you are a sole trader and not a limited liability doesn't matter when it comes down to pay VAT. They should pay the VAT to you and you will pay it to the government. I'll guess that their issue is with tax breaks, it is a bit more tricky to receive a tax break on paid taxes if you buy something abroad (at least it is here in Finland). If they won't pay you because of that, you could open a LTD or contract the services of a 'management company' which will do the job of invoicing, receiving the money and passing it back to you, for a fee."}
{"_id": "381849", "title": "", "text": "\"You sound like you know what you're talking about, but you say:  \"\"foreign buyers will laugh at them\"\"  But the Wall Street Journal, 9/20/12, says that in the last quarter FOREIGN INVESTORS ARE FLOCKING TO BUY JAPANESE BONDS IN RECORD LEVELS even though the yields are very much below other industrialized countries. LOL\""}
{"_id": "381859", "title": "", "text": "Show your Bank passbook, preferably signed one, to relevant money sender."}
{"_id": "381861", "title": "", "text": "It is possible for him to get a loan against the house as long as the deeding all takes place at the same time as the loan is closing. Basically you and your brother will both have paperwork to sign, and the title company will not send out checks until the loan funds from the mortgage company. For that deeding to take place, the estate will generally have to be fully settled. That can take time, but you might wish to retain a lawyer to be certain your interests are completely protected. Many people feel like getting legal representation will strain family relationships, but I find the opposite to be true. They often grease the wheels and get the process finished quickly and fairly which ultimately reduces such strain. I would view it as a good sign if he is paying off large debts, because that means he will be in a better position to take a mortgage to pay you your share, but that assumes he is acting in good faith."}
{"_id": "381884", "title": "", "text": "IANAL, I am married to someone in your situation. As a US citizen age 26 who has not had any contact with the IRS, you should most definitely be worried... As a US citizen, you are (and always have been) required to file a US tax return and pay any tax on all income, no matter where earned, and no matter where you reside.  There are often (but not always) agreements between governments to reduce double taxation.  The US rule as to whether a particular type of income is taxable will prevail. As a US citizen with financial accounts (chequing, saving, investment, etc.) above a minimum balance, abroad, you are required to report information, including the amounts in the account, to the US government annually (Look up FBAR).  Failure to file these forms carries harsh penalties. A recent law (FATCA) requires foreign financial institutions to report information on their US citizen clients to the US, irrespective of any local banking privacy laws.  It's possible that your application triggered these reporting requirements. You will not be allowed to renounce your US citizenship until you have paid all past US taxes and penalties. Good new:  you are eligible in ten years or so to run for President. Don't believe any of this, or that nothing has been missed; you must consult with a local tax expert specializing in US/UK tax laws."}
{"_id": "381897", "title": "", "text": "Pro-Tip: You can get free reservations from many major rental companies (no credit card required, no cancellation fee even if you no call/no show), so you can often make redundant bookings to have fallback options.   As discussed elsewhere in this thread any or all of those reservations might end up being worthless, but people with a reservation generally get priority over people without one, so it's at least slightly better than nothing."}
{"_id": "381899", "title": "", "text": "Of course it is a scam.  They don't need your password to give you money. Even giving them the rest is enough information for them to try and withdraw money from your bank by automatic transfer."}
{"_id": "381901", "title": "", "text": "I actually beg to differ.  I am doing the exact same job that my father did in 1980.  After inflation I make less than half what he did.  Even with additional bills it doesn't account for that drop in real wages."}
{"_id": "381926", "title": "", "text": "Envyzenenergy was founded on the belief that high quality health products and supplements can be available at affordable prices without sacrificing quality or effectiveness. With these things we also sell beard grooming products for those who wants to look good and smell awesome with this  Beard Oil Jamaican Paradise, A tiny drop goes a long way to moisturize hair with no leftover residue. Conditions and makes hair softer and smoother. Stimulates hair growth. Treats Split ends and Frizziness. For further more details about the envyzenenergy health products feel free to get in touch with us."}
{"_id": "381937", "title": "", "text": "Numerous studies have actually shown that companies who pay dividends are much more reckless financially with returning capital to shareholders because they want to save face and maintain/grow the dividend.  Buybacks are much more flexible and probably lead to better capital allocation decisions, in my opinion."}
{"_id": "381938", "title": "", "text": "\"&gt;\"\"You didn't lose your job, you just had temporary employment.\"\"  Same as back in the late 1990's (when unemployment was really low) -- a lot of people got jobs they really weren't qualified for; and were paid far more (at least on a scale relative to their co-workers) than they were really worth.  The sad thing about that is that they came to *believe* they were truly worth that amount of money.  The same with houses.  My home (bought in late 2000) increased in \"\"estimated market value\"\" by 75% (i.e. to 175% of it's previous sale price when I bought it) -- and the \"\"bubble\"\" around here wasn't anything like it was in other regions of the US; and of course, now it has (ostensibly) sunk back down to very nearly the price I paid for it.  The problem (for a LOT of people) with that is that -- even if they didn't buy during the peak bubble years -- they refinanced or HELOC'd based on that higher estimated value, and so ended up basically removing (and then spending) the lion's share of equity that they had built up in their house.  For others, it was much the same as the late 90's employment -- they came to \"\"believe\"\" that their house was worth XX% more -- and they have difficulty \"\"letting go\"\" of that illusory estimated market price.  So they are experiencing the \"\"wealth LOSS effect\"\" just as they once experienced a \"\"wealth effect\"\".  I was saved from those things because:   a) I realized that the price of houses is always \"\"at the margin\"\", and is never guaranteed by what the place cost, or what you have invested in it, or even what the owner or mortgage company *thought* it was worth; rather (when you go to sell) it will be determined by what the buyer(s) want/are capable of paying;   b) I was far more concerned with what my \"\"total cost of buying\"\" would be (including all of the interest paid on the mortgage) -- this led me to first of all only buy what I \"\"needed\"\" in a house (i.e. single guy = small place) and secondly to pay the whole thing off ASAP (which I did, *dramatically* lowering the total lifetime cost of the place);   And finally and probably MOST IMPORTANTLY (though in part due to \"\"b\"\" above):  c) It doesn't really matter to me whether the price goes up or down -- because I know that I will always need a place to live and that (generally speaking, due to overall market conditions) the prices of ALL houses will tend to go up/down together -- and though not necessarily in \"\"lock-step\"\" (there are always factors of neighborhood, local economy, housing trends, etc.); but still, should I desire to move, I will essentially be able to \"\"trade\"\" my house for a similar one in a similar market with only a small (6% to 10%) cost.  d) But I also know that if I move \"\"up market\"\" (attempt to move to an area/house that has a relatively higher demand/higher price) that I will then have to pay more or get an even smaller place (smaller home, less land, no garage/shop, etc); yet conversely if I for some reason decide to move \"\"down market\"\" (to an area/house with a relatively lower demand/price) I may be able to either pay less, or to get slightly *more* \"\"house\"\" (additional land, outbuildings, etc).  Note: I also took into account \"\"demographic changes\"\" when I bought -- and think I made the right choice (even though it hasn't \"\"played out\"\" yet) -- with the typical household actually becoming *smaller* (divorces, single parents, fewer kids, more retirees wanting to downsize, etc) I figured way back in 2000 that in 15-20-30 years (circa 2015..2045) the big \"\"McMansions\"\" would be aging and in huge oversupply, whereas smaller homes would be in relatively higher demand (and given things like \"\"smart growth planning\"\") probably in lesser supply... and so would be more likely to retain value.  Again, this hasn't \"\"played out\"\" yet (though there definitely ARE signs that it is starting), but I am also really not interested in selling... so it's a moot point at present. (And even if I am proved wrong, it will probably merely prove to be the loss of an \"\"upside\"\" and not an actual loss per se.)\""}
{"_id": "381946", "title": "", "text": "Haha, this honestly confuses me more. There is no definitive way to find out before joining the workforce?   I can not join a job right away since working in a family business. Would you say its a gamble if I did CFA before joining the workforce?"}
{"_id": "381997", "title": "", "text": "In the United States, Global Trade Connect focuses on Business and Industry Supplies which include all products.The company has around more than 300 brands on search directory. Many of the companies are selling his products through our company website. If you want to sell your company product online, then you can link your company on our company website's B2B trade portal and grow your business on the global level. These trade portals are a big platform for the sellers from all over the world."}
{"_id": "382005", "title": "", "text": "It depends on where you live and how you can think out of the box on earning little extra income on the side. If  you live in North America and based on the needs in your city, you can try out these ideas. Here is what one of my friend has done,  The family has two kids and the wife started a home day care as she was already taking care of two kids anyways. Of course, she had to be qualified and she took the relevant child care classes and got certified, which took six months. And she is managing 4 kids in addition to her two kids bringing in at least 2000$ per month in addition. And my friend started a part time property management business on the side, with one client. For example there is always work on real estate whether its going up or going down. You have to be involved locally to increase your knowledge on real estate. You can be a property manager for local real estate investors. If its going down, you can get involved in helping people sell and buy real estate. Be a connector, bring the buyers and sellers together."}
{"_id": "382008", "title": "", "text": "What you are doing is unethical and illegal but is very hard to catch and prosecute. The key thing for an unethical person to think about here is insurance.  For most government incentive programs you have to have the intention to live there. It is extremely hard to prove intent - unless you ask this question under your name on a public forum that is archived by many search engines and maintains a log of all changes.  For other folks, it is common for them to claim that they intended to take residence but were surprised that their finances didn't work the way they anticipated. Still, as long as the bank is paid, it is unlikely that they will investigate. However, what happens if there is a major repair needed? You have insurance -  because your bank has asked for proof of insurance before they will give a mortgage. That insurance is for an owner occupied building, which you do not have.  Your insurance will inspect your claim. If the circumstances do not match what you are insured for because you have lied to the insurance company, they will not pay your claim - which they are entitled to do.  You are operating uninsured with tenants. This is a hidden risk you may not be considering. Tenants do not treat property with the same care as an owner - this is why they are insured differently. You are now paying for insurance that you will have a difficult time ever filing a claim on.   In addition, if something were to happen that makes it time to claim the insurance value so that you can pay off the mortgage, the insurance company will investigate. They may very easily refuse to pay your fraudulent claim. They may refer you to the police for insurance fraud. The bank will want their money. If they discover that you were not occupying the property, they may just foreclose.  They may also notify the government that you were not occupying the property, at which point some one might search and find that you were showing intent to defraud the program out of money that is free for you but gotten through deception. Consider a less risky unethical path like telling people you've been locked out of your car and just need a little money to pay the locksmith to open it. You promise to pay them right back once you get in your car where your wallet is. Then take their money and go find another sucker. It's ethically equivalent and you are much less likely to go to jail. However you have to face the people you are deceiving for money, so you may feel less comfortable.  Good luck making your decisions!"}
{"_id": "382029", "title": "", "text": "I'm not saying there arent records out there, i've seen them at various book stores I go to that now are carrying, but some of the comments will have you believe if you polled a city bus full of people many will have purchased records when in reality is probably just the people who they are close with because they hang out with people of similar interest. Sony making records indicates yes there is a market, calling it mainstream is a stretch though."}
{"_id": "382034", "title": "", "text": "\"&gt; So yes, it's doing better than a year ago. It was supposed to do better, all the trends were already pointing up in 2016.  LOL!!!! So it's doing better because it's \"\"supposed to\"\" and not because of Trump?   Darling, Trump, if he wanted to, can crash the market in few days by few bad decisions.  But Trump is Making America Great Again by cancelling the TPP, NAFTA, reducing immigration and reducing regulation. And the economy and stock market responded immediately to those positive actions by him.\""}
{"_id": "382063", "title": "", "text": "If you're wealthy why do you think they wouldn't sue you for the money you owed?? And, as sunk818 says, credit scores can influence insurance costs.  While you could self-insure your home you generally can't self-insure when it comes to liability coverage on a car."}
{"_id": "382066", "title": "", "text": "\"Yeah they should have given it to you. I worked at a Best Buy. It was policy but managers were telling employees to not give discounts so much unless customers were getting warranties. It is amazing how much they care about warranties. Every morning they announce what place they are in the country for each section of the store and the sections that did bad, the managers and assistants look at them with hate as if they should have done much better. And the ones that did great by selling the most warranties and especially their most expensive warranties, gets congratulated by everyone with a round of applause. Before all of this too, they do a huddle with a shout \"\"WHOS BEST BUY!?? MY BEST BUY!!!\"\" Craaaazyyyyy....\""}
{"_id": "382067", "title": "", "text": "Depends on when you are seeing these bids & asks-- off hours, many market makers pull their bid & ask prices entirely.  In a lightly traded stock there may just be no market except during the regular trading day."}
{"_id": "382091", "title": "", "text": "If I were you, I would pay one of them off completely, then cut the card up and close the account. I have the feeling that you would be better off with just one card. That's all I've ever had and I've never needed a second one. It can help keep you out of trouble, too. Then I'd apply $1000 to $1500 towards the other card, and blow the rest on something stupid. Win-win."}
{"_id": "382098", "title": "", "text": "Consider the black-scholes-merton result.  Notice that the expected value of the bond is its present value, discounted from the expiration date. The same is not applied to the price of the stock. The further in the future you go, the less value the bond carries because it's being discounted into oblivion. Now, looking at d1, as time tends towards infinity, so does d1. N(d1) is a probability.  The higher d1, the higher the probability and vice versa, so as time increases, the probability for S trends to 100% while K is discounted away. Note that the math doesn't yet fully model reality, as extremely long dated options such as the European puts Buffett wrote were traded at ~1/2 the value the model said he should've. He still had to take a GAAP loss: http://www.berkshirehathaway.com/letters/2008ltr.pdf"}
{"_id": "382101", "title": "", "text": "The problem is that short-term trends are really unpredictable.  There is nobody who can accurately predict where a fund (or even moreso, a single stock or bond) is going to move in a few hours, or days or even months. The long-term trends of the entire market, however, are (more or less) predictable.  There is a definite upward bias when you look at time-scales of 5, 10, 20 years and more.  Individual stocks and bonds may crash, and different sectors perform differently from year to year, but the market as a whole has historically always risen over long time scales. Of course, past performance never guarantees future performance.  It is possible that everything could crash and never come back, but history shows that this would be incredibly unlikely.  Which is the entire basis for strategies based on buying and holding (and periodically rebalancing) a portfolio containing funds that cover all market sectors. Now, regarding your 401(k), you know your time horizon.  The laws won't let you withdraw money without penalty until you reach retirement age - this might be 40 years, depending on your current age.  So we're definitely talking long term.  You shouldn't care about where the market goes over a few months if you won't be using the money until 20 years from now. The most important thing for a 401(k) is to choose funds from those available to you that will be as diverse as possible.  The actual allocation strategy is something you will need to work out with a financial advisor, since it will be different for every person.  Once you come up with an appropriate allocation strategy, you will want to buy according to those ratios with every paycheck and rebalance your funds to those ratios whenever they start to drift away.  And review the ratios with your advisor every few years, to keep them aligned with large-scale trends and changes in your life."}
{"_id": "382107", "title": "", "text": "Have the most desirable pay day loan fiscal products. We certainly have actually quite easy on the web program without credit assessment. You can expect reply in less than 10 minutes. Once your give is simply adequate, pay day loan can certainly help throughout urgent economical scenarios. Pay a visit to this web site should you need what seriously."}
{"_id": "382112", "title": "", "text": "Do some research on the Great Depression before you start spouting how insignificant the 2008 financial crisis was.  I despise that the banks got the bailout, but you apparently have no idea how bad it would have gotten if they were permitted to fail in a cascade."}
{"_id": "382120", "title": "", "text": "American poor is everywhere else rich. For me, poor is going to a farm on Saturday night and digging out potatoes missed by the harvesting machine. Going deep into the forest and gathering mushrooms and wild berries for food. Washing plastic bags for re-use. Pulling teeth without anesthesia. That's how I grew up. Americans are such cry-baby snowflakes."}
{"_id": "382121", "title": "", "text": "\"Using the following equations from the book a stab at the correlation can be made.   Calculating the residual volatilities from equation 2.4 The correlation of stock A with stock B is 0.378 and stock B has the higher residual volatility. However, the correlation is given as a \"\"simple model\"\", which may suggest that it is an approximation.  If I have applied it correctly, some testing shows that it is only approximate. Also of interest\""}
{"_id": "382122", "title": "", "text": "Royal White Marmo - We have high quality and most demanding Indian marbles like Agaria white, Dharmata white, Vanni marble, Talai marble, Statuario marble, Onyx Green, Onyx lady grey, Nizrana white plain etc. Now, we are supplying Indian Marble in all over India. We have quality expert team that analysis the products on individual framework. Our products are tested on some parameters such as its durability, polish, Perfect finish, Crack resistance, smooth texture.http://www.slideserve.com/royalw/indian-marble-quality-7596448"}
{"_id": "382133", "title": "", "text": "I can think of a few good reasons: A company, especially public, usually wants their fourth-quarter earnings to be the strongest of the year. That ends each fiscal year on a high note for the company and its investors, which helps public sentiment and boosts stock prices. So, travel agencies and airlines usually like ending their year in October or March, in the lull between the summer and winter travel seasons with a large amount of that revenue falling within the company's fiscal Q4. Oil companies sometimes do the same because fuel prices are seasonal for much the same reasons. December is a really bad month to try to close out an entire year's accounting books. Accountants and execs are on vacation for large parts of the month, most retail stores are flooded with revenue (and then contra-revenue as items are returned) that takes time to account at the store level and then filter up to the corporate office, etc etc. It also doesn't tell the whole story for most retail outfits; December sales are usually inflated by purchases that are then returned in January after all the hullaballoo. As a result, a fiscal year end in January or even February keeps the entire season's revenues and expenses in one fiscal year."}
{"_id": "382150", "title": "", "text": "\"And, yet, none of these articles look into how much electricity it takes to run a bank (lights, heat, servers, network, etc.). If Bitcoin becomes mainstream imagine how much power it would save shutting down banks, branches, corporate offices, and such. Then \"\"power a house for a whole month\"\" becomes an incredible power saving solution.\""}
{"_id": "382162", "title": "", "text": "This factory is also for cars being sold into China. It makes sense for the factory that serves the China market to be close to where the cars are going. Especially since so many of the components of the car are made in China in the first place. (Toyota, VW, BMW, etc make cars in the US for a reason!)   EDIT: My original comment said these cars were only for the Chinese market and that is wrong."}
{"_id": "382172", "title": "", "text": "Sorry, this is sensationalist bullshit. Escrow payments have been around forever - they're not specific to BofA or the mortgage bubble, they've probably been common practice for decades. It's a much easier way for many people to pay their taxes and insurance, and banks don't net any profit for doing this*. Rather, it's an easy way for them to keep tabs on whether homeowners have insurance or not - if a home is uninsured by the owner the bank will have to insure it on its own.   (* banks are entitled to collect some escrow overage - I think it's 8% - in the event that taxes or insurance are higher than expected, but that is still the homeowners money, and would be cashed out in a payoff.)"}
{"_id": "382173", "title": "", "text": "An ACN Company Review: Is the ACN MLM Business Model a Success?  As we take a moment to deem great companies or opportunities we will have to take a step back and make sure that the information we will be using is accurate and does not have a skewed viewpoint. Often times the people that write company reviews hold a motivation for writing these articles, as they may represent the corporation or know people within the organization. I guess that\u2019s the case here\u2026 I just got involved with ACN about three months ago. I feel lucky that this residual income platform was introduced to me. My goal here is to provide a clear concise objective snapshot of the company that I\u2019ve chosen to partner with."}
{"_id": "382185", "title": "", "text": "in the context of AI and self driving, yup I believe it! But development of software is typically much cheaper than development of drugs still because software is intrinsic to a system we understand and built (computers) while the human body still has so many mysteries. That was part of the reason why I didn't wanna go into pharma :l"}
{"_id": "382195", "title": "", "text": "OK 40k vs 10k per year.   That's 120k in loans difference.  At 6% interest over 20 years that's roughly 200k (10k) a year to pay for school.  Do you really think most people will get 10k a year extra because they when to Berkeley instead of Iowa state?"}
{"_id": "382215", "title": "", "text": "Buffett says the rich aren't taxed enough after he's already made and paid taxes on his income.  The real problem is he can put his fortune in a Trust and avoid the inheritance tax.  This puts his $75 billion in a non-taxable trust fund, and instead of $40 billion going to the government to pay for job training for the poor, a program he said he supports, it goes into a non-taxable trust.  His kids get to sit on the trust board and draw multi-million dollar salaries for dolling out millions to Asian countries.  He's a hypocrite and isn't really interested in helping the country that made him rich."}
{"_id": "382235", "title": "", "text": "\"Yes they were quite shady and terrible on many fronts. They hired 40-50 yr old business solution guys and 1/3rd of new hires quit within 6 months. Wowza.  Didn't know about hackathons and \"\"startup weekends\"\" having prowling companies, makes sense though... Was never interested in such things. Also I am female so I kind of fear being  physically in places with disproportionate gender ratios/where I stand out... But that's probably stupid in a professional setting?\""}
{"_id": "382236", "title": "", "text": "\"The most common use of non-deductible Traditional IRA contributions these days, as JoeTaxpayer mentioned, is as an intermediate step in a \"\"backdoor Roth IRA contribution\"\" -- contribute to a Traditional IRA and then immediately convert it to a Roth IRA, which, if you had no previous pre-tax money in Traditional or other IRAs, is a tax-free process that achieves the same result as a regular Roth IRA contribution except that there are no income limits. (This is something you should consider since you are unable to directly contribute to a Roth IRA due to income limits.) Also, I want to note that your comparison is only true assuming you are holding tax-efficient assets, ones where you get taxed once at the end when you take it out. If you are holding tax-inefficient assets, like an interest-bearing CD or bond or a stock that regularly produces dividends, in a taxable account you would be taxed many times on that earnings, and that would be much worse than with the non-deductible Traditional IRA, where you would only be taxed once at the end when you take it out.\""}
{"_id": "382255", "title": "", "text": "First the good news: based on the time involved, and the amount of potential profits; you will not owe any tax on the sale of the house no matter which option you pick. Now the details. When determining if there are any capital gains the IRS cares about the difference between the sale price and the purchase price. The amount of the loan, the final balance of the loan, or the lack of loan don't factor into the calculation. To complicate matters the government does factor into the equation any improvements you have made to the house (like a new deck) and the cost of buying and selling the house (real estate agents). If a single person has less than 250K in capital gains and has used the house as their main residence for 2 of the the previous 5 years their tax is zero. For a couple the tax free gain is $500K. For your situation since the sale price is less than $250K, the capital gains will also be less than $250K. You do have one potential area of concern. If the house is worth significantly more than $150K, the government could claim that the difference between what you charged your parents and what you could have charged was a gift. Assuming that there are no other factors that you didn't include in the original question it would appear that you will not face any taxes. Regarding your two options, neither will impact the taxes. Though draining your savings or investments could make it difficult to meet an emergency during the time between the sending of the $95K to the mortgage company and the closing on the deal with your parents. If the money came from retirement account it could have an even greater impact on your taxes and retirement situation."}
{"_id": "382281", "title": "", "text": "Long term taxation cannot by itself surpress GDP if those same taxes are being used on goods and services. It can surpress growth, and cause a fall off if people are leaving the area or closing businesses but at some point it'll hit an equilibrium point.  GDP does include government spending after all."}
{"_id": "382282", "title": "", "text": "Sorry they're not respecting you just because of your age. The same thing happened to me when I managed a frozen yogurt shop at 18. It's a tough situation to be in. The only appropriate option is to stay as professional as possible. But your info has been really helpful thank you much! You seem like a great leader for your team."}
{"_id": "382284", "title": "", "text": "You can view Standard & Poor's credit ratings here:  http://www.standardandpoors.com/ratings/en/us/ You have to register with S&P to access the ratings."}
{"_id": "382286", "title": "", "text": "Being a guarantor means you have explicitly agreed that you will make the loan payments if the primary borrower doesn't. That means you have given them permission to demand those payments, which means they can force you to sell things if you can't find the money any other way.  Essentially, you have promised to buy the loan from the bank if they decide it's a bad loan. Where you would find the money to pay for it is your problem. Obviously, this is not a situation you want to get into if you don't trust that the borrower will do everything in their power to protect you or repay you, or if you aren't willing to make them a gift of the money if they can't or don't, or if you can't afford to lend them the money yourself."}
{"_id": "382295", "title": "", "text": "Since you were a nonresident alien student on F-1 visa then you will be considered engaged in a trade or business in the USA. You must file Form 1040NR.  Here is the detailed instruction by IRS - http://www.irs.gov/Individuals/International-Taxpayers/Taxation-of-Nonresident-Aliens"}
{"_id": "382318", "title": "", "text": "They aren't swearing off of competitive shopping, lol. They're just paying for an individual service up front in exchange for what they presume are greater returns later in the year. Whether it's actually worth it probably varies on an individual basis."}
{"_id": "382325", "title": "", "text": "\"I also talked to the IRS yesterday to get a few of my own questions answered, and I asked a few of these while I was at it (as I didn't know the answers for sure either, even after reading IRS pub 969). To answer your specific questions: I would, however, like to confirm a few things: You are allowed to have multiple HSA accounts. My company forces me to   use a specific bank if they are going to be make contributions.   However, I would like to move this money to a higher-risk/higher-yield   account. You are allowed to withdraw money to reimburse any past payments that   were made after the HSA is opened \u2013 perhaps years later. This would   allow me to accumulate interest on the money and then get reimbursed   later. You can transfer money between HSAs, etc. and the money will still   cover any payments since the first HSA was opened? I am currently unmarried and without children. An HSA can be made to   pay for any dependent or spouse medical bills as well. I am currently   signed up with an HSA that is marked as \"\"individual\"\" or something. I   assume that once I get married, I should have no issues using this   money from the past on my wife and kids? Note that I am not a certified tax professional and you should not rely on this information for your own tax decisions, but should investigate or contact the IRS yourself.\""}
{"_id": "382335", "title": "", "text": "&gt; you can bet your ass they look out for each other.   - Non-compete agreements.   - Binding arbitration.   - Standard contractual clauses amongst the monopolies.   - Planned obsolescence.  - Joint lobbying.    Capital owners have long realized that working together makes them all richer, all while they simultaneously convince workers of the evil of Unionizing.  It's an amazing thing to watch.  I just wonder if it's fear, desperation, or stupidity on the part of the worker."}
{"_id": "382339", "title": "", "text": "try to sell if today's google stock goes above 669$ This is Relative/Pegged-to-Primary Order with a Limit Price of $669 and an offset from National Best Offer of $0.00, but it is no different than an Market Order if the market price is $669 to begin with.  do not sell if the stock keeps climbing beyond 669 unless there is a down tick of 20cents is seen This is a Trailing Stop Order with a Trailing Amount of $0.20. It sells if the market price dropped $0.20 from the peak.  The two orders are contradictory. From your comments, I think the following is what you want: Submit Trailing Stop Order when market price is above $669.  Cancel Trailing Stop Order before the end of the day and Submit Relative/Pegged-to-Primary Order to Sell."}
{"_id": "382347", "title": "", "text": "\"Well, it took some effort to get an explanation from my bank. Turns out that some supermarkets use direct debit as a method of transferring money for purchases payed by so-called \"\"EC\"\" cards here. I was told that for some reason, a supermarket decided to reverse one of such transactions.\""}
{"_id": "382381", "title": "", "text": "\"You are thinking about it this way: \"\"The longer I wait to exericse, the more knowledge and information I'll have, thus the more confidence I can have that I'll be able to sell at a profit, minimizing risk. If I exercise early and still have to wait, there may never be a chance I can sell at a profit, and I'll have lost the money I paid to exercise and any tax I had to pay when I exercised.\"\" All of that is true. But if you exercise early: The fair market value of the stock will probably be lower, so you may pay less income tax when you exercise. (This depends on your tax situation. Currently, ISO exercises affect your AMT.) If the company goes through a phase where the value is unusually high, you'll be able to sell and still get the tax benefits because you exercised earlier. You avoid the nightmare scenario where you leave the company (voluntarily or not) and can't afford to exercise your options because of the tax implications. In many realistic cases, exercising earlier means less risk. Imagine if you're working at a company that is privately held and you expect to be there for another year or so. You are very optimistic about the company, but not sure when it will IPO or get acquired and that may be several years off. The fair market value of the stock is low now, but may be much higher in a year. In this case, it makes a lot of sense to exercise now. The cost is low because the fair market value is low so it won't result in a huge tax bill. And then when you leave in a year, you won't have to choose between forfeiting your options or borrowing money to pay the much higher taxes due to exercise them then.\""}
{"_id": "382384", "title": "", "text": "\"Investing is always a matter of balancing risk vs reward, with the two being fairly strongly linked.  Risk-free assets generally keep up with inflation, if that; these days advice is that even in retirement you're going to want something with better eturns for at least part of your portfolio. A \"\"whole market\"\" strategy is a reasonable idea, but not well defined. You need to decide wheher/how to weight stocks vs bonds, for example, and short/long term. And you may want international or REIT in the mix; again the question is how much. Again, the tradeoff is trying to decide how much volatility and risk you are comfortable with and picking a mix which comes in somewhere around that point -- and noting which assets tend to move out of synch with each other (stock/bond is the classic example) to help tune that. The recommendation for higher risk/return when you have a longer horizon before you need the money comes from being able to tolerate more volatility early on when you have less at risk and more time to let the market recover. That lets you take a more aggressive position and, on average, ger higher returns. Over time, you generally want to dial that back (in the direction of lower-risk if not risk free) so a late blip doesn't cause you to lose too much of what you've already gained... but see above re \"\"risk free\"\". That's the theoretical answer. The practical answer is that running various strategies against both historical data and statistical simulations of what the market might do in the future suggests some specific distributions among the categories I've mentioned do seem to work better than others. (The mix I use -- which is basically a whole-market with weighting factors for the categories mentioned above -- was the result of starting with a general mix appropriate to my risk tolerance based on historical data, then checking it by running about 100 monte-carlo simulations of the market for the next 50 years.)\""}
{"_id": "382386", "title": "", "text": "529 College Savings Plans exist, which allow for tax-free savings for educational expenses, but I think you expect to go back to school too quickly for them to be worth the hassle. (They're more designed for saving for college for your kids.) Other than an IRA, you don't have many options for tax-advantaged accounts. In addition, since you plan to return to school, you should keep money around for that. Don't put that money in anything too volatile or hard to access. Since you don't plan on doing anything with the 80k in CDs right now, you can get away with higher risk with that money."}
{"_id": "382387", "title": "", "text": "They wouldn't be lucrative for investors without the leverage.  Their strategies only work for the AUM they are at.  Let's say they deleveraged.  That 20-50% YOY would become 5-12.5%.  Not exactly sexy for investors.  They actually have other funds open to investors that are attracted to the Renaissance Tech brand.  The more the partners' money is in the Medallion fund, the more they stand to gain.  They are already billionaires.  That kind of percentage gains on the money they have already is very lucrative."}
{"_id": "382394", "title": "", "text": "How can you correlate a company stock's performance with overall market performance. No you can't. There is no simple magic formulae that will result in profits. There are quite a few statistical algorithms that specialists have built, that work most of the times. But they are incorrect most of the times as well."}
{"_id": "382400", "title": "", "text": "Operate a business which can incur its own liabilities and pay its own debts.  If the corporate entity is used recklessly, incurring debits you know it cannot pay, using it for fraudulent purposes, co-mingling company funds with your own, etc., then creditors can come after your personal assets"}
{"_id": "382415", "title": "", "text": "\"There's not nearly enough information here for anyone to give you good advice. Additionally, /r/personalfinance will probably be a bit more relevant and helpful for what you're asking.   Aside from that, if you don't know what you're doing, stay out of currency trading and mutual funds. If you don't care about losing your money, go right ahead and play in some markets, but remember there are people paid millions of dollars/year who don't make consistent profit.   What are the chances a novice with no training will perform well?  My $.02, pay your debt, make a general theory about the economy a year from now (e.g. \"\"Things will be worse in Europe than they are now\"\") and then invest your money in an index fund that matches that goal (e.g. Some sort of Europe-Short investment vehicle). Reassess a year from now and don't stress about it.\""}
{"_id": "382418", "title": "", "text": "\"Yes, you're right, the whole system of venture capital is all about creating a great work environment. So are all those articles about how Jack Dorsey works two 8-hour job back to back, and Michael Arrington the venture capitalist and tabloidist telling you to \"\"quit crying\"\" -- and Paul Graham, the venture capitalist, telling you how hackers are god's gift to the earth and how, for a hacker, working a job is like being \"\"a caged lion.\"\"  It's not about the money at all. Nooo. They're telling you this for the good of their widdle souls.\""}
{"_id": "382429", "title": "", "text": "I grill potential employees when they add \u201cLevel I Candidate\u201d to their resume because such a statement requires little effort and proves nothing.  Many people (correctly) assume that participating in the CFA program shows that they are a more qualified employee candidate.  Therefore, some will simply register for the test, without really committing to the program.  It is easy to weed out the resume padders.  On the other hand, someone that declares they are a Level II or III candidate has proved they can commit to and pass the first test. We still discuss the program during the interview, but most of these people have already dedicated hundreds of hours of their time to the subject and eager to talk about their great accomplishment.  I am not too sure about the number of charter holders that are sought out by regional banks."}
{"_id": "382442", "title": "", "text": "Mostly ditto to Dillip Sarwate. Let me just add: I don't know how you're making your payments, whether through the biller's web site, your bank's web site, by mail, in person, etc. But whatever the mechanism, if there is a chance that waiting until the due date to pay may mean that you will miss the due date: don't. The cost of a late payment charge is likely to far exceed any interest you would collect on your savings. Bear in mind that we are talking pennies here. I don't know how much the monthly bills that we are discussing here come to. Say it's $3,000. I think that would be a lot for most people. You say you're getting 3.6% on your savings. So if, on the average, you pay a bill 2 weeks later than you might have, you're getting an extra 2 / 52 x 3.6% x $3,000 in interest, or $4 per month. I think the last time I paid a late fee on a credit card it was $35, so if you make one mistake every 8 months and end up getting a late fee it will outweigh any savings.  Personally, I pay most of my bills through either my bank's web site or the biller's web site. I schedule all payments when I get a paycheck, and I generally try to schedule them for 1 week before the due date, so there's plenty of breathing room."}
{"_id": "382452", "title": "", "text": "Theres obviously a ton of licensing/certifications that go into an insurance company. I'm wondering anyone has experience with a start up or small insurance company and can speak to the pros and cons of it.   More specifically, is there a certain rule about how much money should be set aside as float assuming a policy limit of 10 million? I'd imagine it depends on the type of coverage to a large degree.   Just beginning to start the process of researching this based on an unexpected bit of news/opportunity. Thanks."}
{"_id": "382474", "title": "", "text": "He might well be right. But just to check - is your professor an actual entrepreneur as well as being a prof? I wince at job titles like that if the person hasn't actually created a business or at least worked in industry."}
{"_id": "382496", "title": "", "text": "&gt; For these processes...  I'm going to go ahead and tell you now that no one at your firm understands these processes to the extent necessary to migrate it to another data pipeline. It's not a knock on you, your firm, or your tech: it's just a fact of life where technology migrations are concerned.   The time to avoid embedding Excel in a workflow is when someone has the bright idea of embedding Excel in a workflow. After that, it's a lost cause. Unless you stand to gain millions, there is no point in excising the tumor.   &gt; ...with the Technology Transformation Team  Yeah, this is happening whether you like it or not. My advice? Quit, become a consultant and charge (conservatively) 3x what you're making now to fix their upcoming self-inflicted gunshot wounds. If these rates sound outrageous, understand that politically you give them a fall guy when (not if) the migration fails."}
{"_id": "382502", "title": "", "text": "\"Yea I pretty much the same.... but I'd argue that if you play a record in a room with large speakers then you can get some \"\"reverb\"\" or \"\"feedback\"\" effects on the actual turntable and/or needle.      This can be annoying or pleasant depending on what kind of music you are playing of course.... but I kind of like when it happens at bass or lower mid range frequencies.    Of course this all depends on size and shape of the room, volume the music is played, position of the speakers, what kind of furniture the actual turntable is on...    It's kind of similar to how different kick drum setups can sound different very different rooms... well smaller rooms at least... you don't as interesting resonance and \"\"reverb\"\" effects as the space gets large with acoustic drums...\""}
{"_id": "382505", "title": "", "text": "You can calculate your exposure intuitively, by calculating your 'fx sensitivity'. Take your total USD assets, let's assume $50k. Convert to EUR at the current rate, let's assume 1 EUR : 1.1 USD, resulting in 45.5k EUR . If the USD strengthens by 1%, this moves to a rate of ~1.09, resulting in 46k EUR value for the same 50k of USD investments. From this you can see that for every 1% the USD strengthens, you gain 500 EUR. For every 1% the USD weakens, you lose 500 EUR. The simplest way to reduce your exchange rate risk exposure, is to simply eliminate your foreign currency investments. ie: if you do not want to be exposed to fluctuations in the USD, invest in EUR only. This will align your assets with the currency of your future expenses [assuming you intend to continue living in Europe].This is not possible of course, if you would like to maintain investments in US assets.  One relatively simple method available to invest in the US, without gaining an exposure to the USD, is to invest in USD assets only with money borrowed in USD. ie: if you borrow $50k USD, and invest $50k in the US stock market, then your new investments will be in the same currency as your debt. Therefore if the USD strengthens, your assets increase in relative EUR value, and your debt becomes more expensive. These two impacts wash out, leaving you with no net exposure to the value of the USD. There is a risk to this option - you are investing with a higher 'financial leverage' ratio. Using borrowed money to invest increases your risk; if your investments fall in value, you still need to make the periodic interest payments. Many people view this increased risk as a reason to never invest with borrowed money. You are compensated for that risk, by increased returns [because you have the ability to earn investment income without contributing any additional money of your own]. Whether the risk is worth it to you will depend on many factors - you should search this site and others on the topic to learn more about what those risks mean."}
{"_id": "382534", "title": "", "text": "Large employers are tracked to insure their hiring is not bias based on race. Perhaps it is time to apply bias checks against companies of every size. It would also be helpful if the states had resources to train small company HR folks and hiring managers. Many of these biases can be dramatically reduced just by educating employers what the percentages are in the workforce."}
{"_id": "382537", "title": "", "text": "BB put themselves in a tough spot. They need to be competitive with Amazon, but they have higher cost structure, and a less compelling shopping experience for many buyers.  Have you tried to buy a TV there? They have fewer models than Amazon, but still an overwhelming number, and no good way to sort between them. They need to cut the number of SKUs they offer and provide a reason for people to want to come in the store."}
{"_id": "382539", "title": "", "text": "This has been a devastating year in Kansas and the Kansas farmers have little on their plate to be happy about. The approval process for seed marketing usually takes a year, minimum. While details surrounding this have been very hush-hush, farmers in my area of the state have noted worsening pH and nitrogen levels in the soil.   Add this to the wildfires spread across the state and crops drowning in the other half."}
{"_id": "382551", "title": "", "text": "Doubtful. But even if it does, it would be by a minuscule amount and would be a temporary bump. I find it hard to believe that such a small and short term impact on your credit would outweigh the savings in interest charges."}
{"_id": "382558", "title": "", "text": "\"Short Answer: You're going to end up paying taxes on it. Despite the home being your primary residence, you don't meet the ownership test, and it isn't noted that you have had a change in employment, health, or other unforeseen circumstances that are \"\"forcing\"\" you to sell. Otherwise, you could qualify for a reduced maximum exclusion that might allow you to walk away without owing taxes, or with a reduced tax bill. You can't even do a 1031 exchange to re-invest into a new primary residence. You should check with a tax professional to see what adjustments you can make to the cost basis of the property to minimize your reported net profits. During the 5-year period prior to the sale, you must have: These periods do not necessarily have to coincide (You don't to live in it as your main house for 2 consecutive years, just 2 years worth of time of the last 5).\""}
{"_id": "382568", "title": "", "text": "\"You should check with your broker for details, but you can generally specify which \"\"lot\"\" you are selling.  where I've seen it, that's done by concurrently sending a \"\"letter of instruction\"\" documenting your choice of lot concurrent with the sale, but different brokers may handle this differently.  I would think this should work for the case that you describe. (In addition, the default rule used by your broker is \"\"probably\"\" first-in-first-out, which will do what you want here.) Note that this may come into play even in a margin account to the extent that you might want to specify a lot in order to obtain (or set yourself up for later benefit of) favorable tax treatment under the long-term capital gains rules\""}
{"_id": "382571", "title": "", "text": "\"My biggest concern with this plan is that there's no going back should you decide that it is not going to work, either due to the strain on the relationship or for some other reason.   If you were borrowing from a relative in place of a mortgage or a car loan, you can always refinance, and might just pay a little more interest or closing costs from a bank.  Student loans are effectively unsecured, so your only option for a \"\"refinance\"\" would be to get a personal, unsecured loan (or borrow against existing collateral if you have it). You are going to have a tough time getting another 50k unsecured personal loan at anywhere near student-loan rates.   The other negative aspects (overall risk of borrowing from family, loss of possible tax deduction) make this plan a no-go for me. (I'm NOT saying that it's always a good idea to borrow from family for homes or cars, only that there's at least an exit plan should you both decide it was a bad idea).\""}
{"_id": "382576", "title": "", "text": "You can't help people that don't want help, period. It just doesn't work, and you will waste your time and energy while making the other person mad. Both sides end up in the same place they started except now they are frustrated with each other. In a normal situation I would advise to stop enabling her by giving her money, but the court has already decided that part.  There is no reason that she can't provide for her children on US$50k per year. In all honesty it sounds like she has a mental health problem and needs to see a professional. You, as the ex-husband, are probably not the right person to tell her that, though. If you really want to help her and are still on good terms with some friends or family members she trusts you could ask them to help her get help. They probably see the same mess that you and your kids do, but might need a little encouragement to act. The other option is if you sued for custody, based on living conditions, the possibility of losing her children and the child support might provide a much needed incentive to clean up her act. You probably won't win over a couple of incidents of the power being turned off and you will be putting your kids in the uncomfortable situation of telling on their mother though."}
{"_id": "382583", "title": "", "text": "\"&gt;I think it already came in 2008. An arbitrary definition of GDP growth hardly means we aren't in a recession now.   I'm surprised you haven't been eaten alive by the armchair economists who treat an economics text book as gospel and not simply one way of interpreting a complex dynamic system which has existed long before the study of human commerce.  The economy isn't a simple device like a blender (put ice in, get crushed ice out). It's a complex dynamic system like the the human body. Just because someone feels sick but doesn't have any \"\"symptoms\"\" doesn't mean they aren't sick. What a lot of these economists are basically saying is that it appears  the economy doesn't have any of the known quantitative symptoms of being sick, so let's disregard the qualitative aspects that everyone is complaining about.   Add in all the market manipulation going on, such as massive quantitative easing, artificially low interest rates, and banks withholding millions of otherwise foreclosed homes from the market, and you can see that these economists are breathing their own exhaust.\""}
{"_id": "382587", "title": "", "text": "Income inequality is a baseless emotional argument used to upset the ignorant. The truth is that throughout history, where the greatest income inequalities exist (between the bottom 10% and top 10%, discounting dictatorships where only a tiny amount of people control the wealth), the standard of living of the poor is highest. In a capitalist economy (read: free economy) the way to get rich is to provide others with service or product they value, and will give you money for. Therefore the wealthier you are, the more you have improved the lot of the common man. It is only through government corruption that you can get ridiculously rich without that fair trade. If you want to complain about the unfairness of society, complain about the government which holds the power to remove your free choice, and give money to those who do not deserve it by their products."}
{"_id": "382591", "title": "", "text": "It is much simpler than any of that.  People who make money have a greater capacity to pay their bills.  Credit card companies make money off of people who can afford to pay several hundred dollars a month in interest charges.  If you only make 500 a month you can not afford to pay 200 in interest.  So their cost of doing business with you is higher.  These cards are issued to make money.  And they make their money off of people paying 12-29% interest on their 5k+ credit limits they have nearly maxed."}
{"_id": "382597", "title": "", "text": "\"Thinkorswim's ThinkDesktop platform allows you to replay a previous market day if you wish. You can also use paper money in stocks, options, futures, futures options, forex, etc there. I really can't think of any other platform that allows you to dabble around in so many products fictionally. And honestly, if all that \"\"make[s] the learning experience a bit more complicated\"\" and demotivates you, well thats probably a good thing for your sake.\""}
{"_id": "382598", "title": "", "text": "You still have no right to band with others and force people to do projects that your group wants done.  If you are a decent person, you already live by that rule.  You just haven't yet examined your memorized justifications for taxation."}
{"_id": "382601", "title": "", "text": "I worked with both of them at Apple some time ago.  Scott tries to be nice to people, but is realistic and gets difficult assignments because of his reputation for getting things done under pressure.  Jon is more of a dreamer type.  Of course mileage always varies.  I wish them all the best of luck.  As for people outside Apple who do this fanboy thing like you do, for your own sake please grow up."}
{"_id": "382623", "title": "", "text": "It makes no difference (to the UK) what country a bank account is in.  What matters is whether you are resident in the UK or not while employed locally in a foreign country.  You're taxed on where you are tax resident (which could be either country, both, or neither), not where the money is earned or banked.  You can assume, with modern exchange of information agreements, that all money you put in bank accounts anywhere in the world will eventually be known to the UK authorities. The rules for when you are a UK tax resident changed recently, there is now a statutory test for residence (pdf).  The rules are complex, but in general if you are outside the UK for less than one full tax year you're still resident, and in many cases where you're gone longer than that you may still be, depending on the length of your trips back to the UK and the ties you have there. So a 6-month winter job in Thailand teaching English as a foreign language will be subject to UK tax if you come back after, even if you leave all the money there or in a third country. If you pay local tax as well there are agreements between countries to avoid double taxation, but these do vary.  What you do about National Insurance payments while gone for a short time is another complex area."}
{"_id": "382629", "title": "", "text": "You definitely can under those conditions. Just be very careful to specify that you are making extra principal payments."}
{"_id": "382631", "title": "", "text": "Per a recommendation from WallStreetBets I wanted to post this here.  Does anyone have a recommendation on how to get a job at a Bank being a Market Maker?  I am fascinated by the trading industry and after listening to an interview with a former market maker I want to explore this as a career choice."}
{"_id": "382634", "title": "", "text": "Game of Thrones is a good example.  But it's no where near the level of Star Wars, Pixar, and Marvel.   DC has potential, but they fucked that up for themselves.   007 is much closer than fast and furious, but game of thrones, 007, and fast and furious can't be marketed to children AND their parents  Also there's no visual imagery that indicates the character is 007 or Dom from FF.  If you saw Zelda almost everyone would know who that is. Same with Mario or Pikachu   I stand by my statement of Harry Potter and Nintendo Universes as being the only worldwide recognized multi character and multiplatform franchises"}
{"_id": "382657", "title": "", "text": "Yes on the August expenses, No on the April; the expenses must have happened after the HSA was opened.  Also, note that you're limited to (in 2015) $3350 of deposits to the HSA in a single year, so you can only put $2350 more into the HSA. The IRS form for HSAs looks something like this:   1) How much money did you take from your HSA? 2) How much were your qualified medical expenses? 3) If (1) > (2), give us a bunch of money."}
{"_id": "382692", "title": "", "text": "&gt;Term limits would help, or at least change the current dynamic, as would barring former representatives and senators from lobbying for five years. Finally, making Congress subject to the laws it passes would also help. But the parties will never agree to modify the current system; both parties benefit too much from it.  Not going to happen! Lets get over it folks, the only thing that is going to fix this country is to throw the current ((government)) out and install a fresh set of faces and no ((traitors))!!"}
{"_id": "382709", "title": "", "text": "\"You've cited nothing but your own outlandish claims. Aside from the original USAToday article, you've not provided one link to substantiate any of the many, many assertions that you have made.    &gt; none of the people doing any of these things are \"\"true economists\"\".  **unsubstantiated**  &gt;It's a subconscious bias thing... they all inherently belive that an \"\"inflationary currency\"\" is a good &amp; necessary thing... ergo they do not really TRY to disprove that dogmatic assumption. **unsubstantiated**  &gt;... and that \"\"confirmation\"\" was the entire goal of the project. **unsubstantiated**  **Not one link**.   End of discussion. This is a waste of my time.\""}
{"_id": "382710", "title": "", "text": "The company host the wedding events, Then better wedding preparation, Wedding planning, and best wine for wedding services.  Look into whites wines like Sauvignon Blanc, Vinho Verde, unoaked Chardonnay, Verdejo, Pinot Grigio arrange the wedding. These wines will please your crowd and they are particularly the best for summer weddings.  Many people enjoy drinking a glass of best wine for wedding, while some enjoy drinking wine throughout the night. To accommodate all of your guests of legal drinking age, the general rule of thumb is to purchase one drink per person per hour of your Wedding reception."}
{"_id": "382712", "title": "", "text": "\"The seriousness of your situation depends on whether your girlfriend was owed a refund for each tax return she failed to file, or whether she owed additional money. If she owed money on one or more of the tax returns she failed to file, stop! It is time to consult a lawyer. At the very least, you need to contact an accountant who specialises in this sort of thing. She will owe interest and penalties, and may be liable for criminal prosecution. There are options available and lawyers who specialise in this sort of thing (e.g. this one, from a simple google search). If she is in this position, you need professional help and you need it soon, so you can make a voluntary disclosure and head off criminal prosecution. Assuming the taxes are fairly simple, you are likely looking at a few thousand dollars, but probably less than $7,500, for professional help. There will be substantial penalties assessed as well, for any taxes owing. If you wait until the CRA starts proceedings, you are most likely looking at $10,000 to $50,000, assuming the matter is not too complicated, and would be facing the possibility of a jail term not exceeding five years. If she was due a refund on every single one of the tax returns she failed to file, or at least if she did not owe additional money, you are probably in a situation you can deal with yourself. She will want to file all of the tax returns as soon as possible, but will not be assessed a penalty. I have personally filed taxes several months late a number of times, when I was owed a refund. You may still want to consider professional help, but it is probably not necessary. Under no circumstances should she allow her father near her finances again, ever. You should also be careful to trust any responses to this question, including my response, because we are unlikely to be professional accountants (I certainly am not). You are well outside the abilities of an H&R Block \"\"accountant\"\" in this matter and need a real certified accountant and/or a lawyer who specialises in Failure To File cases.\""}
{"_id": "382714", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/10/14/upshot/why-surge-prices-make-us-so-mad-what-springsteen-home-depot-and-a-nobel-winner-know.html) reduced by 97%. (I'm a bot) ***** &gt; If artists did raise prices sharply, there&amp;#039;s a risk they would need to discount prices later to fill up the arena.  &gt; The Illinois program has included email and text alerts to tell people when surge pricing is in effect, and some customers are using technology involving smart thermostats so that their temperature setting adjusts automatically.  &gt; There is no surge pricing at Home Depot stores after a disaster, in both a longstanding corporate policy and a matter of law in many states.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76vlap/why_surge_prices_make_us_so_mad_what_springsteen/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229629 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **price**^#1 **people**^#2 **more**^#3 **ticket**^#4 **energy**^#5\""}
{"_id": "382725", "title": "", "text": "So some pretty complex math goes into play for stuff like this, notably increasing ad penetration in specific markets and demographics to test ad success - just like a TV ad.  Usually TV ads are handled by network sales teams, so (let's ignore local advertisements) when you, me, and my dad all watch a show on ESPN at our homes, we're seeing the same ad for Gatorade. My dad shops at a grocery store in a location that's predominantly old people and families with a heavy lean toward $insert_sports_team in the suburbs, you and I live in the city (young professionals) but your city is notable for having a big tech sector and not a lot of sports interest, mine is big on banking and loves $other_sports_team.  Based on sales numbers broken down by region and even stores through distributors if sales tick up at my dad's store for Gatorade but stay flat at your store and are down at mine they can assume the ad worked on older people with post-graduate education with incomes over $150k who love LeBron James, but didn't work so well with people in their 30s who are fans of the team LeBron is about to play in the big banking city, and that you didn't really care about the ad at all.  The great thing about internet advertising is it's even more targeted. Dad, you, and I will almost never see the same ad for Gatorade on the internet, now- if they show one to people meeting my demographic at all. Your search history shows you don't care about sports, you don't work out, and you're big on technology- seeing the LeBron ad makes you think 'oh... it's that baseball guy?' Sales among your demographic stay flat at your store, mostly shopped by 'your type' of people. Sure- there are outliers like that gym rat in your building, but he's already buying the product and doesn't need convincing- they need a new strategy to hit you. My dad sees the ad on the AARP website because he's always searching for scores for his college team he played on 40 years ago. His school *invented* gatorade, so he's buying anyway but most of his neighborhood is old people who need Metamucil, not Gatorade. He's an outlier but if they want to get other old people the ad needs to start showing old footage of superstar baseball players from the 60s. When sales in my region drop because my city hates LeBron and is passionate about it they can make a lot of judgments based on the data.  I got a little too 'up my own ass' with my anecdote but the point is targeted data from search history is basically TV ads on steroids, and just like anything else sales data is used to assess trends and ad success/failure."}
{"_id": "382730", "title": "", "text": "I'm delighted that the people who work for me fly in the appropriate class. I want them to arrive fresh, rested and prepared to do a great day's work.  If I'm paying for an employee to fly somewhere it's because they're smart, capable and are going to create value at their destination.  As a shareholder, why would you want them turing up tired, fractious, annoyed and unhappy?"}
{"_id": "382746", "title": "", "text": "Frankly, you should probably learn to write code and use a data science package. Pandas lets me do the shit I'd do in excel 10 times quicker with more data and I can generalize it instead of working with just one file. As with most white-collar fields nowadays, writing code or at least understanding how to use it to enhance your productivity is very very attractive."}
{"_id": "382754", "title": "", "text": "&gt; The solution is a progressively higher tax on second, third and fourth properties. And an elimination of tax on first properties.  This has some flaw to it -- but someone else smarter than me will figure it out.   I'll try to think about one flaw..  If you tax 2nd and 3rd properties then possibly the renters market would go up to cover the cost of the tax that owners of multiple properties would have to pay."}
{"_id": "382764", "title": "", "text": "This article is so dumb. Passive investors should be concerned about poor corporate governance just as much as anyone else. The whole point is that active investors are more hesitant to put their money into companies like snap. Inclusion into an index could lead to technical buying. By ensuring the bare minimum standard in terms of corporate governance, S&amp;P is actually protecting passive investors."}
{"_id": "382770", "title": "", "text": "\"Microsoft is known as a software company, not a hardware company.  They felt they needed to display their credentials as a hardware vendor to be taken seriously.  You can claim Apple's marketing is genius but there are many who find their insistence that their devices are \"\"magical\"\" to be nauseating.\""}
{"_id": "382771", "title": "", "text": "People were predicting a big market crash last year.  The fact is no one knows when it will happen, its really just speculation.  Yes, there will be a crash but when?  Idk, people say every 8 years from past history but who knows with all the technological advancements.  Plus the last real crash was 9 years ago (2008) when Congress rejected a bank bail out plan which caused mass panic."}
{"_id": "382775", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://medium.com/basic-income/why-the-changing-nature-of-work-means-we-need-a-universal-basic-income-e099118bf05b) reduced by 95%. (I'm a bot) ***** &gt; If we are to embrace technological change, we need to take seriously people&amp;#039;s need for a financial &amp;quot;Anchor&amp;quot;, a rock, a safe place, an income which will ensure that they can survive regardless of the work they do.  &gt; By itself, it is inadequate to meet all needs: for example, the very disabled need more support than a universal basic income can provide and are less able to top up their income with work.  &gt; Universal basic income not only clears the path for robots to take over the jobs that humans don&amp;#039;t want to do, it also supports those who want to take the risk of trying out something new.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76t6u5/basic_income/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229380 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **income**^#2 **work**^#3 **people**^#4 **human**^#5\""}
{"_id": "382781", "title": "", "text": "Some people would think that the government should mandate that Walmart pay their employees more.   However, that won't stop other companies from pushing the cost of business unto taxpayers. It seems that Walmart is acting perfectly rational as a business would.  I think the better solution would be to stop enabling these companies with a backdoor subsidy and stop giving out free money and handouts to people. When people realize they won't get free money from the government, they will demand better wages from companies or won't bother to work there.  The best solution, which runs counter-intuitive to the previous solution, and the one I'm leaning towards, is http://wikipedia.org/wiki/Basic_income_guarantee . It is completely transparent and eliminates the need for every other government program. Then people could work at Walmart for fun, or Walmart could offer a wage that was enticing."}
{"_id": "382793", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans Ontario CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Car Title Loans Ontario CA 3045 S ARCHIBALD AVE H 299,  Ontario, CA 91761 909-321-5737 atlontario@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-ontario-ca/"}
{"_id": "382801", "title": "", "text": "\"Not to be rude, but I think you have an extremely naive view of how the United States operates. Insurance and Health Care are the exact same thing in this country for 99.9% of the people in it. The reason for this is that there is no way that anyone can afford \"\"healthcare\"\" without an insurance company unless they are in the top .1%. That is the way the system was set up, and it results in millions being uninsured and millions more being uninsurable.  I am not an ignorant person, but clearly it makes you feel superior to say it, so carry on. You have no idea what you are talking about, or whom you are talking to.\""}
{"_id": "382820", "title": "", "text": "I feel like awake would have made a much better movie or a miniseries. I watched the pilot and got the feeling it was going to be really drawn out and stopped watching. Really cool premise, but not great for a tv show in my mind."}
{"_id": "382827", "title": "", "text": "All Companies Can Take Advantage of [Local Business Listing](http://come2ourdeals.com.au/) .First of all, a company is not a enterprise. While we will discuss this in more details later on, we have to keep in mind that nation wide businesses with regional lifetime are also reliant upon the regional financial system for their income."}
{"_id": "382831", "title": "", "text": "\"Just a thought exercise - finance is so heavily dependent on rule of law and political stability that there is a possibility that none of the ME countries will be the largest Islamic financial centers in the long run. If I was a HNW investor or institution, I'd be very worried about the risk inherent in any number of regional developments - Saudi Arabia budget deficits, ongoing Syria conflict, Qatar-SA conflict, potential civil unrest or civil war, oil prices, capital controls, etc. Perhaps Dubai may be competitive, but would be severely affected by regional unrest, and like the quote, \"\"bull markets are ridden up in escalators, bear markets are ridden down in elevators\"\", instability could manifest very quickly causing capital to flee. Nothing motivates action like the risk of losing 100% of your capital.  European banking centers will likely start providing more and more Islamic finance services, especially given the rapidly changing demographics of many EU countries.   Other possibilities for growth include offshore centers such as Mauritius (closer to ME and huge Muslim populations in India and Pakistan) and Singapore, which is at the center of the very large and growing Southeast Asia Muslim region (growing population and incomes).   Specific to finance, Malaysia and Indonesia have their own issues with capital mobility, currency stability, political outlook, etc., they just have not proven to be very good places to store capital over any long period of time in recent history. Malaysia has an onshore \"\"offshore\"\" center that is meant to build a financial industry, but I'd be worried about the overall situation there, (the 1MDB scandal is just another example of serious governance issues).  Edit: one possible area for growth - Brunei. The government there knows that they will run out of oil in XX years, they've been looking to build domestic industries, financial services is probably one of their only options (small Muslim country, small population, high concentration of wealth, etc)\""}
{"_id": "382838", "title": "", "text": "If you paid by credit card, file a dispute with the credit card company. They will credit you the money immediately while they investigate. The burden of proof will then be on the merchant. Keep your documents handy in case you need them: USPS receipt, proof of delivery, copies of all correspondance, etc. File the credit card chargeback now, because there are time limits. The FTC has more information."}
{"_id": "382847", "title": "", "text": "Most modern airports have a fairly complex array of GPS and sensors that allows aircraft to automatically land. As far as take off goes, I'm not sure if that is automatic. Still, I'd rather have a trained pilot on board if there were an emergency since the aircraft can't land itself without the sensors from the airport."}
{"_id": "382850", "title": "", "text": "Maybe a proxy war . I\u2019m thinking a war between the first and second largest economies in the world, both with nuclear ICBMS would be world ending, not to mention dunking both economies as they are very heavily interdependent. Word case scenario the US pulls an Iraq in Saudi Arabia with results 3x worse as Mecca is in KSA. Litterally would create a super ISIL."}
{"_id": "382856", "title": "", "text": "Here's a real fact: NO President can make the stock market perform.  Only the private sector can.  One more:  Obama has been the poorest job creator, probably ever, and had led the slowest recovery from recession in US history.  Oh: And most people that run businesses and hire people cannot abide this administration and their regulation heavy/high tax approach to running things.  Until Obama is gone there will be no great job growth."}
{"_id": "382858", "title": "", "text": "That's a pretty simplistic way of looking at it. Sure it impacted front line workers without degrees the hardest, but the recession impacted everyone regardless of position. Plenty of bankers were laid off and many more left due to the fear of new regulations negatively impacting their sources of income."}
{"_id": "382868", "title": "", "text": "As of now the two scenarios are very similar if not the exact same concept. At this point, DB is not legally required to fulfill that request. Maybe eventually they will be but right now no they are not.  That only leaves the other element of ethical obligations which is what I agree with...except that's exactly the same conflict Apple had when they refused to give the US government access to a terrorist's phone (which of course had been suspected to possibly contain information relevant to other plans)  Edit: the main point is both these companies stand to gain from refusing to follow a reasonable government request. I'm not saying DB or even Apple made the right choice overall but both companies of course had good business-minded reasoning for refusing to help the government reaching out to them in each case"}
{"_id": "382879", "title": "", "text": "\"How can we have a capitalist legal system with regulations? Wouldn't a true capitalist system have no regulation, and therefore nothing for politicians to use to pressure corporations into ponying up some of that lobbying money?  You are arguing that a system with no regulation would somehow claw back regulation? that doesn't make any sense. Regulation exists in our social-democracy or corpratist system that we currently have, but you are conflating a capitalist system with the system we currently have, which is not capitalist (something like 40% of economic activity is from the government currently, I don't know how anyone could possibly consider that a \"\"free market\"\")\""}
{"_id": "382889", "title": "", "text": "Yes he did.  But what Cuban means is that your motivation has to be for the love of the work, not the exit.  If you constantly have one eye on the door, it's going to distract you from building something great.  When the time is right, an obvious exit will present itself."}
{"_id": "382894", "title": "", "text": "I'll add this to others: Having non-deductible portion in your IRA requires additional tax forms to be attached to your tax return, and tracking. If you plan to have long-term investments in your non-deductible IRA (such as, say, target funds or long-term stock positions that you expect to hold till retirement) it may be better to keep them in a non-IRA account. This is because the income tax on the withdrawals from the IRA is at ordinary rates, and from the regular investment account is at capital gains rate. While the rates can definitely change, traditionally capital gains rates are significantly lower than the ordinary income bracket rates. So generally I think that having non-deductible IRA deposits is only useful if you're planning a ROTH conversion in a near future."}
{"_id": "382908", "title": "", "text": "Can I work on 1099 from my own company instead of on W2? The reason is   on W2 I can't deduct my commute, Health Insurance and some other   expenses while on 1099 I think I can able do that. Since I am going to   client place to work not at my own office, I am not sure whether I   should able to do that or not. If you have LLC, unless you elected to tax it as a corporation, you need neither 1099 nor W2. For tax purposes the LLC is disregarded. So it is, from tax perspective, a sole proprietorship (or partnership, if multiple members). Being a W2 employee of your own LLC is a bad idea. For all these above expenses, which can I use company's debit/credit   card or I need to use only my personal debit/credit card? It would be better to always use a business account for business purposes. Doesn't matter much for tax per se, but will make your life easier in case of an audit or a legal dispute (limited liability protection may depend on it). If I work on 1099, I guess I need to file some reasonable taxes on   quarterly basis instead of filing at year end. If so, how do I pay my   tax on quarterly basis to IRS? I mean which forms should I file and   how to pay tax? Unless you're a W2 employee, you need to do quarterly estimate payments using form 1040-ES. If you are a W2 employee (even for a different job, and even if it is not you, but your spouse with whom you're filing jointly) - you can adjust your/spouse's withholding using form W4 to cover the additional tax liability. This is, IMHO, a better way than paying estimates. There are numerous questions on this, search the site or ask another one for details."}
{"_id": "382939", "title": "", "text": "But they won't.  They'll relax regulation, starting writing shitty mortgages again, sell them off to some poor suckers retirement fund and never raise the taxes.  The banking and financial sector is the cause of the last 10 years of pain. They can't and won't think past their profit motive."}
{"_id": "382977", "title": "", "text": "\"I've tried a lot of tablets and the PlayBook is the best one out there and the sale is a fantastic deal. The hardware and OS kick the ass of Android and Apple. Better cameras, better photos, better sound, better multitasking, better form factor.  I loved the Torch more than any iPhone. The hardware was great and OS was decent. BBOS 10, if like the PlayBook OS as planned, would be better than the other phones out there.  This isn't an error by RIM. It's fashion. Blackberries fell out of fashion. People don't buy based on good planning. They buy on branding and trend, and rationalize on the back end. The evidence for this behaviour is documented over and over and over.  All RIM can do is try to become fashionable again. But fashion trends are random walks that require \"\"tipping points\"\" or critical mass. You can't really plan one. You just have to recognize them and jump on board.  I suspect RIM will get bought out, or become a niche seller again. Wonderful. I'll take their top notch hardware and software at firesale prices while others get trendy but worse systems for more money.\""}
{"_id": "382978", "title": "", "text": "Totally agree.  Donald Trump is all about strategic corporate bankruptcy.  He is notorious for bragging about his net worth and how successful he is...until one of his companies owes money.  Then his assets magically disappear from one company (making it worthless to debtors) and reappear in another (where it is untouchable)... and so goes the new American economy.  *edit Forgot a lette"}
{"_id": "382981", "title": "", "text": "As fennec mentioned, it is about your tax rate today vs your tax rate when you retire. One of the big issues is whether you have a lot of tax deductions today that will disappear when you retire, which is likely.  These include dependents (aka kids) and your home mortgage. For a person with kids and a mortgage, it seems likely that the Roth would be beneficial.   If you do not have a lot of deductions, you might be ok with the regular 401k to help reduce your tax burden today."}
{"_id": "382991", "title": "", "text": "Lightning safety experts at Lightning Eliminators and Consultants Inc., understands the need of these industries to protect production equipment to avoid sudden drops or surge in voltages or even to disconnect from the main supply grid. The company has over 4 decades of experience in lighting safety and protection for these sectors, continuous research and professional solutions allowing to a considerable reduction of lightning damage. Visit us online here: http://designspiration.net/randalromero/"}
{"_id": "382994", "title": "", "text": "\"I remember, there was time when the phrase  \"\"I want you!\"\"  was uttered, one automatically pictured in their mind, a Stern white bearded Uncle Sam pointing, demanding one to do his duty to nation and country, obviously a call our Draft dodger in Chief chose to ignore, until by some miracle he got elected to collapse America.  This is surly karma at work.  Today somebody anywhere in this world of 7 odd billion people only has to utter the phrase  \"\"Fucking Moron\"\"  A picture of Trump comes to mind.   Well done shit head . .you   #MADE AMERICA CRINGE AGAIN\""}
{"_id": "383012", "title": "", "text": "\"1. Internet is not a regular product or service, it's a utility.  2. An unregulated utility market simply leads to regional monopolies, because the companies privately own the infrastructure.  That's exactly what we have.  The cable companies cut up the country and generally stay out of eachother's turf, because it's more profitable than competition.  This is the opposite of a capitalist market, by the way.  They are now all billionaires from providing bear minimum service and avoiding any real competition.  Instead of competing, they slowly build enough money until they can simply buy out their competitors.  Comcast has gotten so rich it bought NBC and is now looking to buy TWC.  3. Fair competition for utilities requires rules that prevent the reigning company from blocking out competitors. This is called \"\"[Open-Access](http://en.wikipedia.org/wiki/Open_access_%28infrastructure%29)\"\", this is what they have throughout most of Europe. This doesn't happen here because the reigning monopolies use their billions to buy political influence in Washington DC via lobbyists, campaign fund raising, donations, etc...  It is so effective, that the former chair of the FCC, Michael Powell, made a PSA bashing Open-Access competition rules and praising our monopoly system, saying it has resulted in the best internet in the world, which is of course a bold-faced, demonstrable lie.  [Video used to be on youtube, can't find it anymore]  4. The root cause is an apathetic voter base who view Washington as too corrupt to even reform, which keeps the people who care about this issue the most away from the poles.  This simply strengthens the power of the corporate lobbyists to control politics even more.  5. To take on these giants, you need to be a giant yourself, with tons of money to burn and a big reason to do it even though you'll probably lose money, since it's more like charity than a great business opportunity.  The only ones who fit the bill are Google, and only because they have a vested interest in keeping the internet free, open, fast, robust and affordable.  It also helps that they spent the past decade buying up fiber optic infrastructure.\""}
{"_id": "383016", "title": "", "text": "You're correct in your implied point: Selling a cash secured put has less risk (in terms of both volatility and maximum loss) than buying the security outright. However, many brokerages don't allow cash-secured put writing in IRA accounts.   There are three reasons this tends to be the case:"}
{"_id": "383029", "title": "", "text": "I'm glad we've all got plenty of closure on this case. Goldman was fined an almost unnoticeable amount, nobody went to jail, and nobody is happy with the result.  We can't even pat each other on the back and pretend that we did something worthwhile."}
{"_id": "383037", "title": "", "text": "People were using Best Buy as a showroom for Amazon so Best Buy had no choice but to get price competitive.  After all, how much help do you need to buy a TV? And is that little bit of help worth paying $50 extra or more?"}
{"_id": "383039", "title": "", "text": "It's my understand that leasing is never the better overall deal, with the possible exception of a person who would otherwise buy a brand new car every 2 or 3 years, and does not drive a lot of miles. Note: in the case of a company car, Canadian taxes let you deduct the entire lease payment (which clearly has some principal in it) if you lease, while if you buy you can only deduct the interest, and must depreciate the car according to their schedule. This can make leasing more attractive to those buying a car through a corporation. I don't know if this applies in the US. The numbers you ran through in class presumably involved calculating the interest paid over the term of the loan. Can you not just redo the calculation using actual interest and lease numbers from a randomly chosen current car ad? I suspect if you do, you will discover leasing is still not the right choice."}
{"_id": "383051", "title": "", "text": "Just like with any other issue, it is hard to find a documentary that isn't pushing one agenda or another.  If you are willing to put some time into understanding the collapse the best place is at [your good old friend wikipedia](http://en.wikipedia.org/wiki/Subprime_mortgage_crisis#Background_and_timeline_of_events)"}
{"_id": "383062", "title": "", "text": "I don't know about that, but I do know that organized labor is dying a natural death due to automation. The transition is gaining speed over time and it is inevitable. This fixation with the old patterns is what is fundamentally wrong with progressives: Going back to what worked a century ago isn't going to address the problems we face now. Better that progressives go to fundamentals like defining societal values to be achieved and engineering new methods to get there instead of insisting that society as a whole wear old, ill-fitting shoes. So, for example, instead of betting the farm on labor unions, look to basic income fixes along with population growth controls. Labor unions might still play a small part, but that will diminish over time.  As concerns the Democrats and labor in the 1970s, labor unions screwed themselves for a generation with the over-bearing strikes of the 1970s. Personally, I think labor unions in the U.S. chose the wrong path when they decided that striking was the best way to deal with ownership/wealth sharing problems: They should have gone the collective buyout and ownership-by-worker methods of dealing with the crony capitalists -- the world would be a different place now."}
{"_id": "383070", "title": "", "text": "Good sales people are difficult to find, so most companies offer them a decent salary and bonus to keep them incentivized.   At the end of the day, sales is what keeps a business afloat. I'm not saying the other job positions aren't important. Afterall, you need a product to sell or you won't be in business long. But great sales people are always in high demand. The more they sell, the richer the company gets.   The sales people are the ones generating revenue and profit for the company, so it makes sense if you look at it from that perspective. Although I agree with you--everyone in the company should receive some sort of bonus for exceptional performance."}
{"_id": "383088", "title": "", "text": "In a well-managed company, employees bring more dollars to their employers than the employers pay the employees (salary and benefits).  Employees trade potential reward for security (a regular paycheck).  Employers take on the risk of needing to meet payroll and profit from the company's income, minus expenses. The potential rewards are much higher as an employer (self or otherwise), so the ones that do make it do quite well.  But this is also consistent with your other statement that the reverse is not true; the risk of self-employment is high, and many self-employed people don't become millionaires."}
{"_id": "383097", "title": "", "text": "Their margins are going to be very, very low this quarter. Look at what they're doing: they're selling the fire at a loss as part of a razor and blades strategy for prime digital subscriptions, and now they're price-matching brick and mortar stores, and offering $5 coupons for every item customers buy from Amazon rather than in-store. Both moves are great longterm plays, but hurt margins for the quarter, so they're just doubling down and taking all their licks at once, hence the low share price, but will come roaring back with great numbers soon."}
{"_id": "383102", "title": "", "text": "\"I am pretty sure you could find a number of financial planners whom you could pay to give you a very accurate number, but the rule of thumb I like best is Save a dime of every dollar.  10% (Savings means save for retirement, not vacations.) Here is a nice article from radio personality Clark Howard with some adjustments based on your age: Saving for retirement later in life?  If you're getting started saving for retirement later in life, the   dime out of every dollar rule won't cut it for you. So for you, The   Baltimore Sun has crunched the following numbers: Jayraj has a particularly good and just as simple bit of math. https://money.stackexchange.com/a/30751/91 Your retirement and financial planning should not end with a flat percentage.  In fact, the chances that any simple math formula is adequate are very low.  My percentages (or Jayraj's simple math) are only starting places.  If you are at the point where you are asking \"\"where do I start\"\", starting with this super easy no-brainer approach is great because the key is starting and doing it.\""}
{"_id": "383156", "title": "", "text": "Wall Street hires history majors all the time. Most top schools don't even have undergraduate business degrees. And I guarantee they don't all take Econ. You don't need a background to get a job. Any job. You do need enough knowledge to show interest, but reading Bloomberg.com is enough for that."}
{"_id": "383157", "title": "", "text": "While the 55 exception noted by Joe and JB makes this less of a worry, it's worth noting that to retire early most people would need additional investments beyond a maxed out 401(k).  As most people make more money later in life it is generally worth putting what you can in a 401(k) now and later when your savings would max out a 401(k) then you can start adding money to accounts that are not tax-advantaged.  These additional funds can be used during the bridge period. Run the numbers yourself as these assumptions won't be true for all individuals, but this may be the piece you are missing."}
{"_id": "383162", "title": "", "text": "\"EDIT: It was System Disruption or Malfunctions August 24, 2015 2:12 PM EDT   Pursuant to Rule 11890(b) NASDAQ, on its own motion, in conjunction   with BATS, and FINRA has determined to cancel all trades in security   Blackrock Capital Investment. (Nasdaq: BKCC) at or below $5.86 that   were executed in NASDAQ between 09:38:00 and 09:46:00 ET. This   decision cannot be appealed. NASDAQ will be canceling trades on the   participants behalf. A person on Reddit claimed that he was the buyer. He used Robinhood, a $0 commission broker and start-up.  The canceled trades are reflected on CTA/UTP and the current charts will differ from the one posted below.  It is an undesired effect of the 5-minute Trading Halt.  It is not \"\"within 1 hour of opening, BKCC traded between $0.97 and $9.5\"\".  Those trades only occurred for a few seconds on two occasions.  One possible reason is that when the trading halt ended, there was a lot of Market Order to sell accumulated.  Refer to the following chart, where each candle represents a 10 second period. As you can see, the low prices did not \"\"sustain\"\" for hours.   And the published halts.\""}
{"_id": "383168", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Buffalo Area Warily Eyes The Renegotiation Of NAFTA - NPR](https://www.reddit.com/r/Buffalo/comments/79h531/buffalo_area_warily_eyes_the_renegotiation_of/) on /r/Buffalo with 0 karma (created at 2017-10-29 23:40:36 by /u/Eudaimonics)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "383170", "title": "", "text": "The method working in instructing required in these projects are very sensible and engaging. The New Vision Training Center is conveyed to you by the British council learn English, the world's English educates specialists. On the off chance that you need to learn English, you've gone to the ideal place! We have many astounding assets to help enhance your English."}
{"_id": "383172", "title": "", "text": "From tax perspective, any income you earn for services performed while you're in the US is US-sourced. The location of the person paying you is of no consequence. From immigration law perspective, you cannot work for anyone other than your employer as listed on your I-20. So freelancing would be in violation of your visa, again - location of the customer is of no consequence."}
{"_id": "383188", "title": "", "text": "I am using the PRIME MY BODY CBD and have been in Network Marketing for years.   The company is not a pyramid scheme (those are illegal).   The product's nano enhanced technology is awesome. I am seeing amazing results and you do not have to become an affiliate unless you want discounts. Many people will sign up as affiliates and not move into business but want the oil discounted.  That is perfectly fine. You can also opt to order retail as strictly a customer.  So those are options. But if she wants to go into a great home based business, I would seriously look at this as a viable option  . CBD/Cannabis and Medical Marijuana is going to be a multi billion dollar industry and the stigma of the STONERS etc is being taken away and more people are understanding the natural health benefits of the plant...."}
{"_id": "383193", "title": "", "text": "As an FYI, working for a lending company, I can tell you many have a dollar amount limit that they'll just write off at the end of the month/quarter/etc just to get the loan off the books.  It's a little goofy, but I actually bothered to plan ahead and save $9.99 on my student loans since the lender would close out all accounts with a < $10 balance."}
{"_id": "383198", "title": "", "text": "Silvrback is a blogging platform offering minimalistic writing experience without the distractions of the complex customization features. With multiple features like scheduling the blog post to using an efficient word editor, Silvrback is the best simple blogging platform that can help you make the impact you want to create with ease. With no ads features you get an uncluttered blogging platform for all your writing needs."}
{"_id": "383216", "title": "", "text": "Well let's be more accurate: they threaten a  lawsuit, get counter-sued and then fuck about without hiring a lawyer in the jurisidiction where they got sued. Bunch of clowns, indeed.  EDIT: oh yes, and then they lose all their financial records."}
{"_id": "383238", "title": "", "text": "What are the consequences if I ignore the emails? If you ignore the emails they will try harder to collect the money from you until they give up. Unlike what some other people here say, defaulting on a loan is NOT a crime and is NOT the same as stealing. There is a large number of reasons that can make someone unable to pay off a loan. Lenders are aware of the risk associated with default; they will try to collect the debt but at the end of the day if you don't have money/assets there is not much they can do.   As far as immigration goes, there is nothing on a DS-160 form that asks you about bankruptcies or unpaid obligations. I doubt the consular officer will know of this situation, but it is possible. It is not grounds for visa ineligibility however, so you will be fine if everything else is fine. The only scenario in which unpaid student loans can come up relevant in immigration to the US is if and when you apply for US Citizenship. One of the requirements for Citizenship is having good moral character. Having a large amount of unpaid debt constitutes evidence of a poor moral character. But it is very unlikely you'd be denied Citizenship on grounds of that alone.  I got a social security number when I took up on campus jobs at the school and I do have a credit score. Can they get a hold of this and report to the credit bureaus even though I don't live in America? Yes, they probably already have.  How would this affect me if I visit America often? Does this mean I would not ever be able to live in America? No. See above. You will have a hard time borrowing again.  Will they know when I come to America and arrest me at the border or can they take away my passport? No. Unpaid debt is no grounds for inadmissibility, so even if the CBP agent knows of it he will not do anything. And again, unpaid debt is not a crime so you will not be arrested."}
{"_id": "383239", "title": "", "text": "Sensationalist title. It makes it sound like the CEO was given $260 million to leave his job which is not true. From the article:     &gt;Citigroup will have paid him about $261 million in the five years since he became CEO, including his compensation and about $165 million for buying his Old Lane Partners LP hedge fund in 2007 in a deal that led to his becoming CEO.        He sold his hedge fund for $165 million and made the rest in compensation over 5 years. No evidence of anything given to him for leaving.      Secondly, he was crowned the CEO of Citigroup in the midst of the 2007-08 market crash when Citi stock was already in free fall. It's misleading to suggest that he was somehow responsible for the bank losing 88% of its value."}
{"_id": "383249", "title": "", "text": "\"Yea, I saw that too. It doesn't change the fact that what I quoted is still the current idea of socialism.  Edit: also, you realise we're probably the last two people that will ever read these comments, right? You don't have to keep downvoting me just because you disagree.  I hope you work through whatever it is that's really weighing on you. Maybe go for a nice long walk through the mountains or something. I know I need to go again soon. Been cooped up for too long recently.  For the record, I don't get my political views from 4chan or Fox News. It's kind of lame that you just jumped directly to that. It indicates that your mind has gone way down the \"\"us vs. them\"\" tribalism path.  I know this kind of went on a tangent. I'm pretty tired. But really, I hope things work out.\""}
{"_id": "383252", "title": "", "text": "No, you can not use Schedule C for a Corporation. If you treat the business as a sole proprietorship, i.e.: not a separate legal entity and not a separate financial entity - then you can. If that's how you treat your corporation, then you can continue using Schedule C, but there's no reason whatsoever to continue being a corporation either since the corporate liability protection veil is likely to be long gone. Generally, corporations file form 1120, S-Corporations file form 1120S."}
{"_id": "383257", "title": "", "text": "Yes that is not an unusual number. In some states the state tax rate is fairly flat, and unless you are highly paid the social security and medicare taxes are also flat. The big issue is the federal number. Several things can make make the federal taxes for the early paychecks larger than normal. later checks will include these pretax amounts which will reduce the taxable income, and the taxes. Though the net check will get smaller. Keep in mind that the size of the checks your first year are impacted by the fact that most recent graduates start in the summer. The tax tables assume that each of the paychecks you receive will be essentially the same. For those recent graduates the 1st real paycheck dwarfs the average paycheck for the first part of the year. This can put you in a higher bracket than you should be, and result in a large refund when you file in the spring.  You can adjust your withholding numbers after a few checks to counterbalance this. Of course the numbers will need to be changed back in year two to to avoid under withholding."}
{"_id": "383272", "title": "", "text": "Group Home Riches is your one reliable source on how to start a group home. We help people start a group home for helping people find a place to live and recover with various problems meanwhile earning a comfortable amount of money. Our free course is designed to take you to step by step through the process of starting and running a successful group home. Check out our free course on starting your very own income- generating group home."}
{"_id": "383274", "title": "", "text": "Sure, but if a company can reduce its workforce to incur less liabilities don't you think they'd do it? Everyone from HP, GM, GE, AT&amp;T .... ALL of those and many many more would do so if it meant lower liabilities.  Some companies could do it, some can't. His company is medium enough size he may have that option. A company with 150,000 employees would need a waiver or eat the costs.   **Again, it's not about right and wrong, it's about incentives and available options once those incentives/disincentives are active.**"}
{"_id": "383287", "title": "", "text": "The original post's $16 has two errors: Here is the first scenario: .                                                 Tax Liability($) on   Net .                        Cash    # of     Price    Paper     Realized   Value Time:                     ($)    Shares   ($/sh)   Profits    Profits    ($) 1. Start with:            100        -      n/a         -          -      100 2. After buy  10@10$/sh:    -       10       10         -          -      100 3. Before selling:          -       10       12        (5)         -      115 4. After sell 10@12$/sh:  120        -      n/a         -         (5)     115 5. After buy  12@10$/sh:    -       12       10         -         (5)     115 6. Before selling:          -       12       12        (6)        (5)     133 7. After sell 12@12$/sh:  144        -      n/a         -        (11)     133 8. After buy  14@10$/sh:    4       14       10         -        (11)     133 9. Before selling:          4       14       12        (7)       (11)     154 10.After sell 14@12$/sh:  172        -      n/a         -        (18)     154  At this point, assuming that all of the transactions occurred in the same fiscal year, and the realized profits were subject to a 25% short-term capital gains tax, you would owe $18 in taxes.  Yes, this is 25% of $172 - $100."}
{"_id": "383298", "title": "", "text": "\"That's kind of the untold story of China, everyone seems to think that all that they are about is cheap this and cheap that. Just a bit of a personal anecdote, but I'm a bit of a clotheshorse myself and on my first business trip to Shanghai was able to have some tailored clothing made there.  Not only was the cut and finish as good or better than anything you'd get in Europe or N. America, but the price was significantly less. I quickly noticed that a lot of the Chinese made garments selling locally were many times better than those \"\"imported\"\" ones bearing western brand labels, even though they were also produced right there in China.  So yes, I am most definitely of the mind that the cheapness/lack of quality of the products we have available to us in Europe and N. America, and made in China, are a direct result of our own indigenous companies hosing us so as to really fatten up those margins. Suffice it to say, they do in fact have quality control, however, if you want to pay them good money to make shit products, they'll surely oblige you.\""}
{"_id": "383328", "title": "", "text": "The fact that the option is deep in the money will be reflected in the market price of the option so you can just sell it at a profit. If there's a (n almost) guaranteed profit to be had, however, you can always find someone who will lend you the money to cover the exercise... they'll charge you interest, however!"}
{"_id": "383331", "title": "", "text": "Best of luck!  Just an FYI, a great deal of finance firms look for people like you.  The way you perceive things is completely different from the way someone who is traditionally trained in finance.  Look into some peers of DE.  Also, Private Equity (PE) firms...mainly the ones dealing with bio/pharma/whatever you specialize in.  What are your excel skills like?  Make them better!  No mouse.  Know VLOOKUP, GETPIVOTDATA, etc.  Again, not to become redundant, but figure out what you want to do and go from there...  If you are good/quick with your math look for trading.  There are a lot of books out there on the subject of trading.  Liar's Poker by Michael Lewis, will give you an insight to the lifestyle/mantra of traders (during the 80s).  If you like digging into numbers/investigating things you may want to look into a more analytical role.  To figure out if you like this read some financial statements.  Look on SEC.gov, navigate to EDGAR.  Look up a 10-k (annual report) and a 10-q (quarterly report).  See if you like poking around/figuring out why and how things work.  Hit up seekingalpha.com.  This is a hodgepodge of people's opinion.  Saying why they want to buy/sell a security.  Look at the reasons.  They will cite certain economic indicators or other signals.  Seekingalpha is a place that can show you how financial types think.  See how your views differ or align.  Or even if you can expand on what they are saying.  Investopedia is a great place to learn jargon and other terms.  Frequent this place.  Key terms: http://www.financialmodelingguide.com/financial-modeling-tips/tips/banking-financial-terms/  This gives short definitions.  Investopedia will give you in depth definitions.  Are you currently employed as a RandomAcademicDean?  Does your college offer free courses to staff?  If yes, take some classes FOR FREE!  Take an accounting course (skip managerial, stick with financial), an econ course, a finance course.  I am going to assume your college offers a class in Econometrics.  Talk to one of the professors, if you think this class would be manageable, sign up.  They will probably say your should take MACRO and MICRO.  This is true, but you have a P.h.D in Chemistry so you have a demonstrated aptitude towards academia.  Econometrics, in short, can be considered the science of business.  Bottom line:  Figure our your interest within the financial realm, act upon it.  Play up your knowledge in chemistry (as a quantitative science) and experience as a dean (think management role).  tl;dr soak up knowledge.  regurgitate when necessary. P.h.D = good. read a lot.  Finance is a big world, you will fit in!"}
{"_id": "383376", "title": "", "text": "So true. My bf works at the shipyard and can go through some damn steel toed shoes with all those stairs. He always has a pair of Timberlands and a pair of cheap shoes. Every 6 months his Timbs break, but they had (I'm not sure if they still do I heard they were thinking of stopping) a lifetime warranty. He would send his shoes back when they broke and use the cheap ones in the meantime. Then Timberland would send his new shoes back within 4 weeks and he could keep going. He's gotten at least 6 free boot replacements from them at the initial cost of about $100."}
{"_id": "383382", "title": "", "text": "You don't need a book, you need to advertise. Start trying different things untill you find the money. Scale up what works and also keep trying other avenues.  What's your position on Google when people search for your Jewellery, Jewelry, Jewellers, Jewellery stores, etc., + dates (anniversary, mothers day)  + brand names? Do you have a website?  I've been killing it on google maps &amp; local seo for years. FB ads would do great with the right targeting."}
{"_id": "383399", "title": "", "text": "Algo traders/quants/market backtesters/coders/et al.  I am looking to backtest basic things like the correlation of P/E, EV/EBITDA, etc. to market performance. I know a little R and Python.  What is the easiest way to learn to backtest this sort of stuff? I want to eventually get into algo trading sort of stuff.  I'd **greatly** appreciate it!"}
{"_id": "383427", "title": "", "text": "\"Your statement - \"\"not practical\"\" -  presumes that the primary goal of having the store is to allow the store to thrive. But if you subscribe to the idea that stores and other companies are just organizations of people, that presumption is false  we humans form social structures that benefit people who live within the social structures - towns, cities, teams, companies, political parties.   the success of \"\"the store\"\"  or the company or the team, or the \"\"city\"\", is not the primary goal. The success of the people ought to be the primary goal.   Example: hospitals weren't originally conceived to make money and grow. They were conceived to aid people who were sick. These days hospitals make a LOT OF MONEY , despite being classified as nonprofit institutions in the USA. As a result we have bad medical practice - over prescription of opioids, over use of surgeries, over-use of diagnostic tests, etc., - all of which benefits the hospital but not the patients.   It's not always a clear line - look at the real jobs vs environment issues in mining or fracking.   But the balance we have struck now, gives great profits to the companies (profits are at record highs) while income inequality is also at record highs. How is that sensible or sustainable. Or moral?   My key point here is that your statement that \"\"it's not practical for the store\"\" is misguided. The store's well being cannot be the primary goal of commerce. We need to place a higher priority on benefiting people. (Broadly framed - not just owners of the store)\""}
{"_id": "383447", "title": "", "text": "What it doesn't say is how many were opened, also how many were opened in the last 2 years thag they're closing.   Every new suburban development comes with an Applebee's or applebees like store. They do great at first but most sizzle out.   This could be over opening stores, or it could be the fucking scum millennials not going out to eat. I believe it might also have to do with a change in consumer habits toward restaurants. I don't see Applebee's or chilli's doing well in the future. They just don't offer what people want anymore."}
{"_id": "383472", "title": "", "text": "With a 401k you will be taxed when you withdraw the money upon retirement (just like an IRA), but conventional wisdom had it that you're likely to be in a lower tax bracket at that time. That may not necessarily be the case though, in which case a Roth IRA would be a better option because you're paying for it with after tax dollars and distributions are untaxed. If you wanted to hedge your bets you could have both an IRA/401k and a Roth IRA.  An IRA has income limits above which the contributions are no longer tax deductible, I don't believe a 401k has the same limitations (for completion's sake: a Roth IRA has income limits above which you can't contribute to one). And like you said, the employer match is free money."}
{"_id": "383532", "title": "", "text": "\"First of all, since you're 16 - you will not invest in anything. You cannot, you're a minor. You cannot enter contracts, and as such - you cannot transact in property. Your bank accounts are all UGMA accounts. I.e.: your guardian (or someone else who's the trustee on the account) will be the one transacting, not you. You can ask them to do trades, but they don't have to. They must make decisions in your best interest, which trades may not necessarily be. If however they decide to make trades, or earn interest, or make any other decision that results in gains - these are your gains, and you will be taxed on them. The way taxes work is that you're taxed on income. You're free to do with it whatever you want, but you're taxed on it. So if you realized gains by selling stocks, and reinvested them - you had income (the gains) which you did with whatever you felt like (reinvested). The taxman doesn't care what you did with the gains, the taxman cares that you had them. For losses it is a bit more complicated, and while you can deduct losses - there are limitations on how much you can deduct, and some losses cannot be deducted at all when realized (like wash sale losses or passive activity losses). When you have stock transactions, you will probably need to file a tax return reporting the transactions and your gains/losses on them. You may end up not paying any tax at all, but since the broker is reporting the transactions - you should too, if only to avoid IRS asking why you didn't. This, again, should be done by your guardian, since you personally cannot legally sign documents. You asked if your gains can affect your parents' taxes. Not exactly - your parents' taxes can affect you. This is called \"\"Kiddie Tax\"\" (unofficially of course). You may want read about it and take it into account when discussing your investments with your guardian/parents. If kiddie tax provisions apply to you - your parents should probably discuss it with their tax adviser.\""}
{"_id": "383538", "title": "", "text": "Was minimum wage ever thought of a livable wage? It was low 18 years ago. I lived at home, had no skills and worked at McDonalds.  From there I gained skills and work experience to use at the next job which was not minimum wage."}
{"_id": "383546", "title": "", "text": "It's a genuine dilemma of politics that valid criticisms often do sound derogatory. I've known people like this- I had a cousin who was struggling with getting a career started, but who dismissed any attempts to help him as arrogant. And if he engaged in destructive behavior, well, it was always everyone elses' fault for not being nice enough laying out alternatives for him. Sometimes adulthood means swallowing pride and doing the right thing, but it's a step many can't take.  *That's* the mental box a lot of people put themselves in- to take conversations premised on perfectly relevant points, such as the historically unprecedented incompetence of a candidate, and short-circuit them so that they are about hurt feelings and tribal identity instead of that candidate's qualifications."}
{"_id": "383555", "title": "", "text": "\"Your question is expressed as a run-on sentence, which I'm having trouble parsing. Maybe you could restate.  I'm just pointing out the stupidity of the statist canard that [the debt is not a problem because] \"\"we owe it to ourselves\"\". Collectivists like to think we're all in this together, but that's not reality. Some people are taking from others by force of law.  The debt is owed to BANKS, and they want to keep this system going. Wouldn't you like to have a legal monopoly on the supply of currency? Institutions which are funded by loose credit (government, academia, military contractors, crony corporations) likewise benefit from this system.  Those who invest in US dollars, and those who are farthest from the central planning spigot are the losers in this scheme.   But there is more debt than currency, so it can't ever be repaid. So that is a moot point - it can't even hypothetically be considered.   There are however a number of other ways that this system could unwind, when it inevitably does. The banks could be left to fail, and their assets would be bid on by others through the bankruptcy process. Or the Fed could keep issuing currency to keep the banks solvent, eventually inflating the whole system into irrelevance.\""}
{"_id": "383568", "title": "", "text": "&gt; The network lets users post and comment on links akin to an early internet chatroom, and has amassed 300 million monthly visitors. But Reddit has also retained its early internet functionality and appearance \u2014 it still feels like a product that was created for the internet in 2005. \u201cWe have a lot of perception debt,\u201d Huffman said from the company\u2019s San Francisco headquarters. \u201cReddit feels old. We don\u2019t want to be associated with old.\u201d Huffman\u2019s plan for the new funding includes a redesign of reddit.com...An early version of the new design, which we saw during our interview, looks similar to Facebook\u2019s News Feed or Twitter\u2019s Timeline: A never-ending feed of content broken up into \u201ccards\u201d with more visuals to lure people into the conversations hidden underneath. \u201cWe want Reddit to be more visually appealing,\u201d he explained, \u201cso when new users come to Reddit they have a better sense of what\u2019s there, what it\u2019s for.\u201d  Uh oh."}
{"_id": "383569", "title": "", "text": "Good to hear you didn't lose everything and learned something.  I made similar mistakes during the dot com boom, when I first started *playing* around with my 401K and decided to get on the high tech bandwagon that everyone except Warren Buffet was recommending.  I should have listened to him!  Now, I stay off the make money fast train, and stick to index funds.  I don't really like spending time buying stocks that somehow suddenly go broke right after I buy. :)"}
{"_id": "383574", "title": "", "text": "\"yeah, and *I* wish colleges would stop accepting freshman who *don't* know what they want to do with their life.  College at $30k-45k a year on loans or your parent's dime isn't the time or place to figure yourself out.  Go do that working a part-time job for a few years and then go to school when you have a clue.  BTW, excellent advice on \"\"let the jobs come later\"\".  Sure it'll work out great for everyone.  (you're not that special)\""}
{"_id": "383604", "title": "", "text": "Yeah there's a lot to talk about with basic income. Like how currently there is an incentive to not work harder or move up the socio-economic ladder because as you earn more your welfare benefits go away. So people think it's not worth getting a better job because they will pay more in taxes and lose benefits but now they are working harder and not getting more for it. A basic income wouldn't go away with that sweet new job promotion. Therefore there is an incentive to work more.  I like the basic income idea. But I wonder about how to handle immigration and global relations. You will have it in some countries where others are like literally falling apart. Basically we have a long way to go until we are comfortably collecting our BI checks. At least in the US."}
{"_id": "383616", "title": "", "text": "\"Price targets aren't set day to day, because of market fluctuations are so high from day to day. But in their stock recommendations, brokerage firms will often set price targets for \"\"one year out.\"\"  These targets aren't set in stone, so use them at your risk.\""}
{"_id": "383620", "title": "", "text": "If you want to combine old/new thoughts then maybe look af psychological or general theory of reflexivity.  One of the underlying assumptions in big data and AI is that if you have enough data, you will have the truth. but then look at elections in the US and UK or the fact that no one can predict exchanges rates because the market reacts in a dobbel loop.  how about some good old self-driving German cars as a subject? Lots of political, ethical, R&amp;D, management and tech considerations are in that area, finde ich. Viel Spass damit :)"}
{"_id": "383623", "title": "", "text": "The title accepts as fact the attempted smear campaign by Goldman against Smith.  Only read the summary of the report over at Bloomberg (not the report itself) but the argument appears to be that Smith did not raise these concerns about Goldman at any time while employed there except at the very end just after he had written the NYT op-ed.  Goldman is trying to pawn off Smith as a disgruntled former employee.  However, the fact that Smith didn't get the raise he sought does not necessarily mean his assertions about the culture at Goldman are incorrect.  The point being that Goldman has not proven Smith is a fraud.  They have only proven he has an axe to grind."}
{"_id": "383628", "title": "", "text": "You may not have considered this, and it will depend on your local laws, but if someone causes you damage, you can sue them for the damages. In your case, two drivers forced you to be involved in an accident, which made your premiums go up, which is a real damage for which they might be responsible."}
{"_id": "383632", "title": "", "text": "Private Banker are Official Staff of the Bank. They are typically assigned to High Net Worth individuals. They are responsible for any and everything that a customer needs more like Personal Banker, so that for all your needs you just need to contact him/her and they would in turn get things done for you from different groups within the Bank."}
{"_id": "383644", "title": "", "text": "Was that the wave of people they magicked into contractors in the late 90's?  I seem to vaguely remember that a family friend was affected and we tried everything we could to find him another good job (Non citizen on work visa) everything worked out in the end for him last I've heard though."}
{"_id": "383645", "title": "", "text": "The ability to buy in bulk is a big, big part of it (also, the ability to use that bulk to get better data, influence production, and create more efficient distribution centers, etc), but I think you could argue that that in itself is a business model."}
{"_id": "383659", "title": "", "text": "\"It's definitely an evolving field. And more apps will be coming soon. Owning the \"\"get a ride\"\" spot on peoples phones is worth quite a bit. And it will be at least a few years before you see apps that let you get bids from multiple drivers on multiple services.  Sorry about whoever downvoted you upthread, I tried to undo some of the damage.\""}
{"_id": "383678", "title": "", "text": "Rapid tooling is still the result of an additive manufacturing driven by CAM. The machining process is no difference with production tooling. It need CNC machining, EDM machining, wire-cut machining, grinding, polishing and fitting. The rapid tooling will be design as simple as possible but on the condition of the that the ultimate parts will meet appearance, finish and dimension tolerance requirements. But the speed of the rapid prototyping mould will be much quicker than production or pre-production tooling."}
{"_id": "383682", "title": "", "text": "One other consideration is that by paying off your mortgage early versus, for example, investing that capital in a mutual fund is that you are reducing your net liquidity to some degree. That is, if you find yourself needing an emergency infusion of cash it is easier to sell a stock/fund than to sell your house or get a equity loan.  I suppose if you were planning to need a lot of cash to start a business or invest in real estate, then maybe it would make sense to keep your cash more liquid. However, in your situation I agree with Joe. Pay it off. It feels REALLY good to write that last check!"}
{"_id": "383686", "title": "", "text": "Whenever you choose to exercise the special events with privileges in West Palm Beach Escape Rooms, our corporate membership, multiple rooms. With a good reception in escape rooms. Now, you should choose the best escape rooms for your private event with your girlfriends, you are also contributing to the preservation of this entertaining activity with escape room WPB. It is the fine adventure area to spend the time together with your family or girlfriends. It\u2019s an awesome occasion and give you things to do west palm beach, that\u2019ll now not best deliver out their wholesome aggressive nature with notable diversion and higher amusement."}
{"_id": "383704", "title": "", "text": "For whatever reason, I don't believe they offer it.  Yahoo does.  A google for google finance VIX turns up people asking the question, but no quote on google."}
{"_id": "383713", "title": "", "text": "Related and one of the best titled Psychology papers: [If Money Doesn't Make You Happy Then You Probably Aren't Spending It Right](http://dunn.psych.ubc.ca/files/2010/12/If-Money-Doesnt-make-you-happy.Nov-12-20101.pdf)  &gt;Abstract:  The relationship between money and happiness is surprisingly weak, which may stem in part from the way people spend it. Drawing on empirical research, we propose eight principles designed to help consumers get more happiness for their money. Specifically, we suggest that consumers should (1) buy more experiences and fewer material goods; (2) use their money to benefit others rather than themselves; (3) buy many small pleasures rather than fewer large ones; (4) eschew extended warranties and other forms of overpriced insurance; (5) delay consumption; (6) consider how peripheral features of their purchases may affect their day-to-day lives; (7) beware of comparison shopping; and (8) pay close attention to the happiness of others.  Even TL;DR(er): Money doesn't bring happiness. Material things don't bring happiness. Things that bring happiness however are much easier to achieve with money. Novel Expriences bring happiness, and it's hard to afford vacations when you're poor. Being useful to society at large make people happy. Bill Gates is more useful because he is rich than a Peace Corps worker. It's the little things in life that make us happy, and the rich can afford more of them. Happiness, like death, is by a thousand cuts."}
{"_id": "383723", "title": "", "text": "Anytime the Government gets into subsidizing something, it becomes more expensive.  This happened with housing in the 1920s/30s when they deemed all Americans need to own a house, Medicine when they started Medicare/Medicaid in the 1960s, and Education which iirc they started with the GI Bill at the tail end of WW2 and student loans shortly thereafter.  Credit allows people to spend money they don't have now, causing what prices these systems can charge to rise, and encourages serfdom servicing the loan later in life.  Add to that the accreditation system and Education becomes the expensive tollbooth to many jobs that worked on an apprenticeship system before (pay you a token wage learning the trade, and maybe room and board in some cases).  The middle classes have been getting plundered the last decades, and it shows from the country going from 1 breadwinner households with luxury time to 2 breadwinner households with unpaid overtime in many cases to afford the same or lower standard of living."}
{"_id": "383743", "title": "", "text": "Paying yourself first is a method to ensure you are meeting your financial goals whatever they may be. It's also an easy way to automate the process of sending money where you need it go without needing to think about it. Your goals could be to buy a bit of a mutual fund every month, max your IRA, or stash a percentage of each paycheck in a wedding savings account. Maybe you are saving for a house. Knowing you should save and not doing is guilt generating. Paying yourself first means regularly putting money to these goals so you can stop worrying. Any way you figure it, you've still got bills to pay.  Paying yourself first means taking care of these payments right off the top of your paycheck. The money goes where you need it. A good move is to automate this with bill pays, ACH transfers to investments accounts, etc. Once this is done, you can guiltlessly spend the money that is left over knowing that you've taken care of the important things and met all your goals. You never have to find yourself wondering if you paid your cell phone bill or if you have enough money to go out tonight. Savings for the new car you want are, as they say, in the bank."}
{"_id": "383753", "title": "", "text": "&gt; grammar has nothing to do with being a good banker.  True! That was my mistake. (I mean, there are some quants who half-speak english) I just remembered couple examples from the top of my head haha"}
{"_id": "383760", "title": "", "text": "Agreed. I use online banking for everything I can. The only thing that holds me back is when there are insane fees on using online payments. So really it's the companies with these fees that are slowing us all down... And the older generation that refuses to try to understand debit/credit cards and online banking. My grandma will only use cash and checks."}
{"_id": "383780", "title": "", "text": "\"I'm with you here, I can't imagine who in IB would be \"\"financial modeling\"\" with Excel. Matlab, R, or even more general purpose languages like C are much more common. Even things like cookie-cutter monte carlo simulations or many-step binomial trees are a pain with excel.\""}
{"_id": "383818", "title": "", "text": "Look, the fact is that Kyrie was never going to be the main guy.  No matter what you do, when you're on a LeBron team, you are second fiddle.  I know some people such as yourself will say that kyrie is ruining his legacy by leaving but without him, Cleveland aren't the heavy east favorites they were.  Now, I am a sucker for D Rose, so this may be the first time I root for anybody in a Cleveland jersey but we'll get to see just how important kyrie was to that team this season."}
{"_id": "383819", "title": "", "text": "Are you saying none of the gas tax goes to reduce emissions.  Gas tax supplement trains, buses and other low emission transportation.  I know there isn't a tax on how much emissions you emit depending on how you burn the gas.  Since there are more and less efficient ways of burning gas."}
{"_id": "383821", "title": "", "text": "It takes some time for folks to renegotiate contracts and adjust policies in the commercial realm.  It's never as easy as simply going to a different web page. The different buearus have slightly different ways of scoring people, different APIs to integrate with everyone's software, and take somewhat different things into account. That takes some time to change."}
{"_id": "383827", "title": "", "text": "My old company did this and set a limit at 13 percent which for me kept me well below putting the max into 401k.  One had to make 120 - 130k to hit the irs max at 13 percent.  So any explanation that the limit restricts high wage earner is BS.  This limit restricts all low wage earners as their 13 percent max will be less than the max allowed.  If a person making only 70k wants to put 17k into 401k fact is theycannot do this because they do not make enough the limit is discrimination against low-wage earners. Period."}
{"_id": "383832", "title": "", "text": "The tax year will be determined by the date on the check from Lottery and they will withhold estimated taxes for federal, and for most state, incomes taxes.   Just remember if the ticket is claimed in January, then you will have to wait until the following year to get any possible refund."}
{"_id": "383849", "title": "", "text": "In the spring of this year FHA increased their rates for Mortgage Protection insurance. (I am looking for a good refernceon the government website) Non Government reference Annual MIP For an FHA Streamline Refinance that replaces a FHA loan endorsed on, or after, June 1, 2009, the annual MIP varies based on loan type and loan-to-value. The annual MIP schedule, for loans with case numbers assigned on, of after, June 1, 2009 : For your example the monthly payment would be: $184,192*(1.2/100)*(1/12) = ~ $184.19  You were quoted 179.57 a month"}
{"_id": "383857", "title": "", "text": "I'm perfectly good at debate. You're just not worth the time. You've made half-assed non-sensical replies to all of my posts in this thread where you obviously have no direct knowledge of the industry. You're the one that said you want to know where these markets are that have different laws. They're out there, go look for them."}
{"_id": "383863", "title": "", "text": "some of that article is misleading, some of it is just plain wrong. Very wrong... like you end up drawing an incorrect conclusion type wrong.  Corporate transaction accounts, whose balances are up recently due to TAG (expires 12/31), are subject to reserve requirements.  When you purchase something with a credit card, the bank's asset of your credit increases and the bank's asset of cash decreases (it goes wherever you purchased).  There is no change to your deposit account and no change to reserves.  The incoming bank's cash account and liability account associated with that business transaction account increase, and it is trivial to transfer the % of cash necessary to reach minimum reserve requirements to the Fed.  Secondly, anyone with a smidgen of accounting can tell that his balance sheet won't balance."}
{"_id": "383866", "title": "", "text": "\"Yes, some of my family actually worked at Arthur Anderson (thankfully they were able to jump-ship before the whole fiasco).  You make some good points, but from my personal experience and conversations (family working at Big 4 and another a partner at a regional firm), it seems that accounting firms will go to great lengths to keep their big clients.  I've also heard that they are extremely reluctant to give unqualified opinions, much like analysts are reluctant to issue \"\"sell\"\" ratings.  I know this is completely anecdotal, but I think it makes sense given the incentive structure.\""}
{"_id": "383870", "title": "", "text": "Another factor to consider is that resale value of the laptop is quite bit more if it is still under warranty.  This would apply to people who replace their laptop often. It is higher because the purchaser can be assured they are not getting a lemon.  I determined this by comparing prices on ebay before selling my computer. Of course, if you keep your laptop longer than the warranty, this means nothing.  But for me it meant I could sell my old laptop quickly and for a better price. Because I used my laptop for work and totally depended on it, even one day of downtime would cost me a lot, so it was worthwhile to keep a relatively new laptop under warranty. Also, for those using Apple Care, there is an undocumented perk:  Apple covered an out of warranty repair on a time capsule under my apple care for my laptop even tho they were not purchased at the same time."}
{"_id": "383884", "title": "", "text": "However, recently Ford has been making moves to start producing some of their cars in Mexico...and they have been trying to make a case to Trump to not increase the import tariff to 35% on vehicles imported from Mexico because it would eat up all their profits. It is funny how the tables have turned."}
{"_id": "383889", "title": "", "text": "To protect yourself from an increase in interest rates get a fixed rate loan. The loan terms: interest rate, number of payments, monthly payments will be fixed for the loan. Of course if rate for the rest of the market drops during the period of the loan, you may be able to refinance the loan. But if you can't refinance, or won't refinance, the drop in rates for the rest of the market doesn't help you. If you want to be able to have your rate float you can get a variable rate loan. Of course it can float up, or it can float down. So you take that risk. Because of that risk adjustable rate loans start at a lower rate. If the market interest rate drops far enough many people will refinance into a fixed rate loan at a lower rate than they could have gotten at the start. For adjustable rate loans the lender, during the application process, details how the rate is determined. It is pegged to be x% above some national or international interest rate that they don't have any control over. If that base rate moves then your loan rate may move. They also specify how often it will adjust, and the maximum it can adjust between each adjustments and over the entire life of the loan.  That rate that starts initially lower than the fixed rate loan is the enticement that many people have to pick an adjustable rate loan. Some do it because they believe they will payoff the loan before the rates get too high, or they will see enough increase in income so they can afford the higher monthly payment if rates rise. If they are wrong about these things they may find themselves in trouble. The terms of the adjustable rate loan still have to follow the terms of the contract: the lender can't change the % offset or the source used to used to set interest rate."}
{"_id": "383896", "title": "", "text": "It's not that straightforward, even though your gamma will change your delta on the fly, you likely won't see the full $.48 after such a small move.   If the vega drops due to lack of volatility while the stock is moving up, those few percentage points up might help your delta (2% gain $50 to $51 in your example) but will be partially negated by volatility going down. I mean, don't be surprised to see it at closer to $1.33 or something.  The market is out to make money, not to make you money."}
{"_id": "383913", "title": "", "text": "&gt;Why do [you] conflate QE with the debt?  You seem to be one of those Krugman fundamentalists who thinks we just cancel the debt side of QE?  Look around you, look at the election - QE didn't work. It was a failure. It reinflated a bubble and made bad, corrupt businessmen rich."}
{"_id": "383921", "title": "", "text": "Based on what you've said I think buying a rental is risky for you. It looks like you heard that renting a house is profitable and Zillow supported that idea. Vague advice + a website designed for selling + large amounts of money = risky at the very least. That doesn't mean that rental property is super risky it just means that you haven't invested any time into learning the risks and how you can manage them. Once you learn that your risk reduces dramatically. In general though I feel that rental property has a good risk/reward ratio. If you're willing to put in the time and energy to learn the business then I'd encourage you to buy property. If you're not willing to do that then rentals will always be a crap shoot. One thing about investing in rental property is you have the ability to have more impact on your investment than you do dropping money in the stock market which is good and bad."}
{"_id": "383925", "title": "", "text": "&gt; From the IT managers perspective he has a budget of X dollars to allocate. When X dollars are spent that's it, he isn't allowed to spend any more.  The IT manager should not view his budget this way. A budget is a projection of future expenses. If some expenses turn out to be different from the projection, then either (a) you need your budget to account for this by having some slack in it or (b) you have to revisit your budget and change the plan.  Viewing a budget as a checking account is wrong. That's not how it actually works in the accounting department and by not understanding what accounting is doing, the IT manager is causing himself extra pain."}
{"_id": "383930", "title": "", "text": "Option contracts typically each represent 100 shares. So the 1 call contract you sold to open (wrote) grants the buyer of that option the right to purchase your 100 shares for $80.00 per share any time before the option expiration date. You were paid a gross amount of $100 (100 shares times $1.00 premium per share) for taking on the obligation to deliver should the option holder choose to exercise. You received credit in your account of $89.22, which ought to be the $100 less any trading commission (~$10?) and miscellaneous fees (regulatory, exchange, etc.) per contract. You did capture premium. However, your covered call write represents an open short position that, until either (a) the option expires worthless, or (b) is exercised, or (c) is bought back to close the position, will continue to show on your account as a liability. Until the open position is somehow closed, the value of both the short option contract and long stock will continue to fluctuate. This is normal."}
{"_id": "383932", "title": "", "text": "If land is worth something, it's because someone wants to buy it and make it productive. If it isn't worth much, the property taxes are low.  I favor wilderness protection, but I do not see that as contrary to my insistence that the fairest form of taxation is the property tax."}
{"_id": "383954", "title": "", "text": "\"To say it was horrendously mismanaged wouldn't even scratch the surface. It's as if they proprietors did no research into the market whatsoever. Indeed, there is a market for higher wealth gamblers.  You know what they expect? **Comps**.   You know what Revel refused to offer in the beginning? **Comps**.  Somehow Revel billed itself as the upscale everyman's resort and that appealed to all of nobody and every room was $300 a night. No exceptions. Higher bankroll players aren't going to drop coin where they're not getting pampered and the smokers who want to camp in a penny slot pit couldn't light up. That leaves you... middle income non-smokers who are coming to kick the tires and maybe lay by the beach? Younger adults who like to club, but don't have the rolls to session at the tables? Where's the profit in that?  That was the original perfect storm of foolishness that set the tone for the rest of the property's lifespan.  Don't forget that during their mad dash for casino patrons they unleashed a most ridiculous $100 \"\"rebate\"\" on slot play wherein if you lost $100 they'd refund your stake. The fine print (if there ever was any) was that they'd provide you with ten $10 slot play vouchers over the next 10 months. More opaque foolishness.  Their poker room closed in the first year of operation.  The place is beautiful, on prime real estate on north Absecon Island, and has untapped potential. The fact is the casino had promise if it had been run by halfway competent management from the outset. Atlantic City is not Vegas. It will never be Vegas. Trying to chase Vegas is, you guessed it, more foolishness.\""}
{"_id": "383962", "title": "", "text": "\"What is \"\"microlearning?\"\"  After just checking Google, and after reading through the corporate jargon, it sounds like it's a fancy way of saying \"\"I don't know the answer to this question, so I'm going to Google it.\"\"  Did I just \"\"microlearn\"\" without even realizing it?\""}
{"_id": "383965", "title": "", "text": "Could well be a good work enviroment. The story widely reported back in Nov '11 before the IPO was that workers who had been given shares and options in lieu of salaries in the start-up days were then being pressured prior to the IPO to give up their shares or face possible job loss. Maybe just a few senior people were affected, but it didnt sound good."}
{"_id": "383978", "title": "", "text": "To me it looks pretty good (10% per year is a pretty good return). Lagging behind the indexes is normal, it is hard to beat the indexes over a long period of time, the longer the period - the lesser the chances to succeed. However, half a year is a relatively short period of time, and you should check your investments a little bit deeper. I'm assuming you're not invested in one thing, so you should check per investment, how it is performing. If you have funds - check each fund against the relevant index for that fund, if you have stocks - check against the relevant industry indexes, etc. Also, check the fees you pay to each fund and the plan, they come out of your pocket, lowering the return."}
{"_id": "384000", "title": "", "text": "If you are interested in short term trading and live in the UK you can do some Spread Betting. If you know what you are doing you can make money no matter which way the market is moving. Note that most people don't know what they are doing and lose their money pretty quickly."}
{"_id": "384015", "title": "", "text": "http://www.investopedia.com/university/shortselling/shortselling1.asp  'Therein lies the major risk of short selling, the fear of infinite losses. While the maximum loss for a long investor is the amount invested in a security, the maximum loss for a short seller is theoretically infinite, since there is no upper limit to a stock\u2019s price appreciation. This risk is compounded by the fact that during a short squeeze or buy-in...'  Never have shorted a stock. Too intimidated by that!"}
{"_id": "384018", "title": "", "text": "To put it simply interest is the fee you get for loaning money to the bank / government / company / person or whomever you lend it to. A dividend is the money that a company pays out to its owners. For some cooperatives (may or may not apply to your credit union) you become an owner through using it, such that they'll pay you a dividend instead of or as well as interest. Which could explain them using the term interchangeably ."}
{"_id": "384022", "title": "", "text": "We have a best interior designer in the world. We provide the best interior design and renovation service in Malaysia. If you are looking interior design in jb, then you can contact us. Our certified interior designer is a competent design professional who is qualified to design, prepare, and submit any type of nonstructural, non-seismic interior construction plans and specifications to local building departments. For any other information, visit our website."}
{"_id": "384064", "title": "", "text": "\"So you are off to a really good start.  Congratulations on being debt free and having a nice income. Being an IT contractor can be financially rewarding, but also have some risks to it much like investing.  With your disposable income I would not shy away from investing in further training through sites like PluralSite or CodeSchool to improve weak skills.  They are not terribly expensive for a person in your situation.  If you were loaded down with debt and payments, the story would be different. Having an emergency fund will help you be a good IT contractor as it adds stability to your life.  I would keep  \u00a310K or so in a boring savings account.  Think of it not as an investment, but as insurance against life's woes.  Having such a fund allows you to go after a high paying job you might fail at, or invest with impunity.   I would encourage you to take an intermediary step:  Moving out on your own.  I would encourage renting before buying even if it is just a room in someone else's home.  I would try to be out of the house in less than 3 months.  Being on your own helps you mature in ways that can only be accomplished by being on your own.  It will also reduce the culture shock of buying your own home or entering into an adult relationship. I would put a minimum of \u00a3300/month in growth stock mutual funds.  Keeping this around 15% of your income is a good metric.  If available you may want to put this in tax favored retirement accounts.  (Sorry but I am woefully ignorant of UK retirement savings).  This becomes your retire at 60 fund.  (Starting now, you can retire well before 68.)  For now stick to an index fund, and once it gets to 25K, you may want to look to diversify. For the rest of your disposable income I'd invest in something safe and secure.  The amount of your disposable income will change, presumably, as you will have additional expenses for rent and food.  This will become your buy a house fund.  This is something that should be safe and secure.  Something like a bond fund, money market, dividend producing stocks, or preferred stocks.   I am currently doing something like this and have 50% in a savings account, 25% in a \"\"Blue chip index fund\"\", and 25% in a preferred stock fund.  This way you have some decent stability of principle while also having some ability to grow.   Once you have that built up to about 12K and you feel comfortable you can start shopping for a house.  You may want to be at the high end of your area, so you should try and save at least 10%; or, you may want to be really weird and save the whole thing and buy your house for cash.  If you are still single you may want to rent a room or two so your home can generate income.   Here in the US there can be other ways to generate income from your property.  One example is a home that has a separate area (and room) to park a boat.  A boat owner will pay some decent money to have a place to park their boat and there is very little impact to the owner.  Be creative and perhaps find a way where a potential property could also produce income. Good luck, check back in with progress and further questions! Edit:  After some reading, ISA seem like a really good deal.\""}
{"_id": "384067", "title": "", "text": "\"Windows RT in general was a huge fuckup. \"\"Let's remake Windows Mobile so that it doesn't run any previously existing software, then make WIndows 8 resemble that single-tasking, touchscreen-centric design for no goddamn reason, and *then* bring resurrect Windows CE's bony corpse as the unholy midpoint of those two terrible decisions.\"\"   Intel Atom smartphones came out like a month after the Surface. Why the fuck aren't Windows Phones running actual Windows with a simplified userland and the specs of an eight-year-old laptop? If the Surface Pro makes sense without a keyboard, then why the hell wouldn't I want my smartphone to leverage the hundreds of applications I already know and trust? Microsoft's rushing to embrace and exploit Apple's walled garden, but they could destroy it completely if my next smartphone could just play movies and view PDFs without having to pay money or look at ads.\""}
{"_id": "384083", "title": "", "text": "I'd buy it out, and change the paying system for the employees back to an incentive service even though not having that is what made them so successful in he 90s, That business model doesn't work anymore.   They need to connect with the hardcore electronic people too. They lost their core market when they lost their knowledge in electronics. You know that 5%-10% of the market influences the rest of it.   Frys electronics does it right.   They need to have a vast quality of media on hand too. It needs to not be all the blockbusters (irony) but just things I can't download from thepiratebay that I want to watch now. Thats the only reason I go to best buy now. Sell them at competitive prices too. Im starting to think $20 blu-rays is where it should be."}
{"_id": "384084", "title": "", "text": "\"just curious what qualifies this as a \"\"hedge fund\"\".  is it structured as an LLC?  are they charging Apple 2%/20% fees?  are they shorting or using derivatives or leverage to manage risk or amplify returns?  are they employing sophisticated investment strategies?  are they managing funds for outside investors?  sounds to me like a standard cash management and tax avoidance operation of a (very large) corporation that somebody is calling a \"\"hedge fund\"\" to claim it is the world's largest.  I'm sure most major corporations are running something similar to this and nobody calls them hedge funds.\""}
{"_id": "384090", "title": "", "text": "There needs to be a test to prove that pot was consumed in the recent hours following a work incident (and if suspected of driving impaired), similar to a breathalyzer. If I drive a forklift through a wall 3 weeks after I smoked a joint, it's not the pot that was responsible. Insurance will continue to use the pee/hair tests to reject claims until then. Thus, companies will need to have clean employees all the time to avoid getting stuck with the bill."}
{"_id": "384091", "title": "", "text": "\"This is a brilliant move on Amazon's part in my opinion. They have the economy of scale to increase margins. In addition, it increases their urban \"\"brick &amp; mortar\"\" footprint. They were already planning to enter the grocery landscape via Amazon Fresh and this gives them an immediate and scalable footprint with the opportunity to transform the way consumers buy groceries. It will be interesting to see if the likes of Walmart, Kroger, Sprouts, and other traditional, large format grocers are able to adapt and continue to compete. Also excited to see how Amazon will decide to improve upon the existing Whole Foods format. This is a huge disruption in the grocery landscape and the ripple effects will be significant.\""}
{"_id": "384098", "title": "", "text": "Your reasoning is backwards. As others have pointed out, you cannot just decide how much you charge irrespective of the market. Let me paraphrase a little economics 101 to underline why you also should not think like this: You can see a rental property like your house (the same reasoning is usually explained with the example of hotel rooms) as a series of perishable goods. Your house represents the potential sale of the January rent (which perishes once January is over), plus the February rent etc. Your approach was to compute the total costs (all fixed and variable costs of owning that house as well as costs associated to renting specifically) and average them over the time period so that you know how much to ask at least. Assuming that you are only looking to rent it out, not sell it or let a family member live there, you can't think like this. Most of those costs that you averaged are what economists call sunk costs. You have already incurred the mortgage costs and they are not affected by your decision to rent or not to rent. These costs are irrelevant to your decision making process. You only need to think about marginal costs: those additional costs that you have when you rent but not when you don't. Look at the market prices for renting similar properties in that region and compare them with your marginal costs. As long as they are higher than your marginal costs, rent it out. This does not mean that you are sure to make profits, but it means that you are sure to make less losses than in your only alternative of not renting."}
{"_id": "384100", "title": "", "text": "Not all education is considered equal.  Can you tell us just a little bit about what kind of degree you are going for and where?  The reason I ask is that there are many schools out there which are more interested in making a profit, and less interested in providing an education. -Ralph Winters"}
{"_id": "384108", "title": "", "text": "I didn't get mad about it. If I was mad, I would downvote you; but I don't even remember the last time I actually downvoted someone on here. I'm actually indifferent to it. If I wanted karma, I would just spend all my time commenting in the rising queue. That's how you rake in karma.  I pointed out abuse of subreddit rules to undermine the contrarian's credibility. Doesn't care about the rules; doesn't care about the facts; just pushing a shill opinion: dismissed."}
{"_id": "384120", "title": "", "text": "Yes you can do that and it it wise to do so. However, you should make sure that the general trend of the stock is upwards and you buy during a trought in the uptrend. So basically if the stock is making higher highs and higher lows on the daily or weekly charts, then you would want to buy around one of the higher lows before the ex-dividend date. If the stock is making lower lows and lower highs, then it is in a downtrend, so never buy in this instance. It is better to miss out on a dividend of $1 rather than to buy just for this $1 dividend and lose $5 or more when the price continues to drop further."}
{"_id": "384133", "title": "", "text": "You don't even know what an ad hominem is. Hilarious.  &gt;And you still haven't explained what on earth could possibly replace the concept of government.  And now I'm not going to, because you decided to be a turd and I'm done wasting my time."}
{"_id": "384138", "title": "", "text": "Mervis Diamond is voted as Best place to buy a Diamond.  They offers a 100% lifetime trade up policy on all loose diamonds. Because Mervis is true diamond importer they feature a massive selection of diamonds often at prices far below retail. As a third generation family business Mervis Diamond Importers conducts business the old fashioned way with honesty and integrity."}
{"_id": "384145", "title": "", "text": "Intellectually and logically, it shouldn't bother me for a second to charge something for a buck.  It's a losing proposition for the merchant, but their immediate business costs should be of little concern to me.  (They're making a choice to sell that item to me at that price and by accepting that means of payment, right?)  but the more I charge as opposed to paying cash, the more cash back I get. In my old-ish age, I've gotten a little softer and will pay cash more often for smaller amounts because I understand the business costs, but it's not a matter of caring what other people think. Accepting credit cards, or not, is a business decision.  It's usually a good one.  But with that decision come the rules, which up until about a year ago, meant that merchants couldn't set a minimum charge amount.  Now that's not the case; merchant account providers can no longer demand that their merchant clients accept all charges, though they are allowed to set a minimum amount that is no lower than $10.00. In the end, it's a matter of how much you're willing to pay in order to influence people's thinking of you, because the business/financial benefits of doing one or the other are pretty clear."}
{"_id": "384165", "title": "", "text": "\"Your scenario depicts 2 \"\"in the money\"\" options, not \"\"at the money\"\". The former is when the share price is higher than the option strike, the second is when share price is right at strike. I agree this is a highly unlikely scenario, because everyone pricing options knows what everyone else in that stock is doing. Much about an option has everything to do with the remaining time to expiration. Depending on how much more the buyer believes the stock will go up before hitting the expiration date, that could make a big difference in which option they would buy. I agree with the others that if you're seeing this as \"\"real world\"\" then there must be something going on behind the scenes that someone else knows and you don't. I would tread with caution in such a situation and do my homework before making any move.   The other big factor that makes your question harder to answer more concisely is that you didn't tell us what the expiration dates on the options are. This makes a difference in how you evaluate them. We could probably be much more helpful to you if you could give us that information.\""}
{"_id": "384168", "title": "", "text": "They previously had a 42-year-old guy as CFO so evidently they think this '29 years old kiddo' could do this job. It's mostly cost cutting anyway. Since the deal closed in 2015 KraftHeinz has eliminated 10,000 jobs or 25% of its workforce. older workers were the ones who were more affected.   3G also promoted a 33-year-old 'kiddo' to become CEO of Burger King three years ago.  Promotion based nepotism may be more common in family owned companies like News Corp (which doesn't have to care too much what minority shareholders say). But 3G is a private equity and their sole job is to maximize IRR. If the KraftHeinz investment is going badly Im sure the LPs will force 3G to replace the management."}
{"_id": "384171", "title": "", "text": "It really depends on the amount of money - I currently have to pay my mortgage in the UK from the US until my house there is sold and my wife sends money from her (US) Paypal account to my UK Paypal account. As personal payments these don't attract the sort of fees you see for ebay payments et al. Compared to the fee-o-rama that a wire transfer turns into (I tried once from BofA to HSBC UK), it is noticeably cheaper for the amount of money we're sending. That said, a lot of the currency transfer services have support for monthly payments and you might get a decent exchange rate and fewer (or no) fees that way."}
{"_id": "384175", "title": "", "text": "\"Without knowing the details of your financial situation, I can only offer general advice.  It might be worth having a financial counselor look at your finances and offer some custom advice.  You might be able to find someone that will do this for free by asking at your local church. I would advise you not to try to get another loan, and certainly not to start charging things to a credit card.  You are correct when you called it a \"\"nightmare.\"\"  You are currently struggling with your finances, and getting further into debt will not help.  It would only be a very short-term fix and have long-lasting consequences.   What you need to do is look at the income that you have and prioritize your spending.  For example, your list of basic needs includes: If you have other things that you are spending money on, such as medical debt or other old debt that you are trying to pay off, those are not as important as funding your basic needs above. If there is anything you can do to reduce the cost of the basic needs, do it.  For example, finding a cheaper place to live or a place closer to your job might save you money.  Perhaps accepting nutrition assistance from a local food bank or the Salvation Army is an option for you. Now, about your car: Your transportation to your job is very much one of your basic needs, as it will enable you to pay for your other needs.  If you can use public transportation until you can get a working car again, or you can find someone that will give you a ride, that will solve this problem.  If not, you'll need to get a working car. You definitely don't want to take out another loan for a car, as you are already having trouble paying the first loan.  I'm guessing that it will be less expensive to get the engine repaired than it will be to buy a new car at this point.  But that is just a guess.  You'll need to find out how much it will cost to fix the car, and see if you can swing it by perhaps eliminating expenses that aren't necessary, even for a short time.  For example, if you are paying installments on medical debt, you might have to skip a payment to fix your car.  It's not ideal, but if you are short on cash, it is a better option than losing your job or taking out even more debt for your car. Alternatively, buying another, functional car, if it costs less than fixing your current car, is an option.  If you don't have the money to pay your current car loan payments, you'll lose your current car. Just to be clear, many of these options will mess up your credit score.  However, borrowing more, in an attempt to save your credit score, will probably only put off the inevitable, as it will make paying everything off that much harder.  If you don't have enough income to pay your debts, you might be better off to just take the credit score ding, get back on your feet, and then work to eliminate the debt once you've got your basic needs covered. Sorry to hear about your situation.  Again, this advice is just general, and might not all apply to your financial details.  I recommend talking to the pastor of a local church and see if they have someone that can sit down with you and discuss your options.\""}
{"_id": "384185", "title": "", "text": "You don't say what the time remaining on the current mortgage is, nor the expense of the refi.  There are a number of traps when doing the math. Say you have 10 years left on a 6% mortgage, $200K balance. I offer you a 4% 30 year. No cost at all. A good-intentioned person would do some math as follows: Please look at this carefully. 6% vs 4%. But you're out of pocket far more on the 4% loan. ?? Which is better? The problem is that the comparison isn't apples to apples. What did I do? I took the remaining term and new rate. You see, so long as there are no prepayment penalties, this is the math to calculate the savings. Here, about $195/mo. That $195/mo is how you judge if the cost is worth it or the break-even time. $2000? Well, 10 months, then you are ahead.  If you disclose the time remaining, I am happy to edit the answer to reflect your numbers, I'm just sharing the correct process for analysis.  Disclosure - I recently did my last (?) refi to a 15yr fixed 3.5%. The bank let the HELOC stay. It's 2.5%, and rarely used."}
{"_id": "384187", "title": "", "text": "Aside from the fact that probably nobody is ever going to come and ask for that proof unless your amounts get five digits (or you're unlucky), if you never before reimbursed yourself, your old tax declarations would clearly show that. You can't prove a negative, so the only potential is that you had reimbursements before, and an audit might ask you to prove that the new ones are not duplicates of those. In this case, if you have other receipts / proof for all those other reimbursements, they are obviously not duplicates."}
{"_id": "384192", "title": "", "text": "Technically, it's only when you need to pass money through. However consider that the length the account has been open builds history with the financial institution, so I'd open ASAP. Longer history with the bank can help with getting approved for things like business credit lines, business cards, and other perks, though if you're not making money with that business, seek out a bank that does not charge money to have a business account open with them."}
{"_id": "384213", "title": "", "text": "If the company's ownership is structured similarly to a typical start-up then an 1% employee ownership in a company which sells for 1 million will yield far less than 10k due to various liquidation preferences of the investors, different share classes, etc.  It's pretty hard to get a specific number because it depends a lot on the details of earlier fundraising and stock grants.    That said, unless the company is circling the drain and the sale was just to avoid BK, the share price you get should be higher unless the share class structure and acquisition deal are completely unfair."}
{"_id": "384219", "title": "", "text": "You could of course request payment in EUR or USD, maybe keep a PayPal account and just leave the funds in PayPal unless you need to withdraw the money in local currency? Either currency would be fine because the problem you are trying to overcome is the instability in the ruble. EUR and USD both accomplish that. If you can get local clients to pay in EUR or USD (again, PayPal seems like an easy way to accomplish that) you avoid the ruble, but at the risk that your services become more expensive to local clients because they have to convert a weaker currency to a stronger one. You should also solicit some international clients! You are obviously perfectly fluent in English and that's a significant advantage. And they'll be happy to pay in dollars and euros."}
{"_id": "384221", "title": "", "text": "This depends on a combination of factors: What are you charged (call it margin interest) to hold the position? How does this reduce your buying power and what are the opportunity costs? What are the transaction costs alternative ways to close the position? What are your risks (exposure while legging out) for alternative ways to close? Finally, where is the asset closing relative to the strike? Generally, If asset price is below the put strike then the call expires worthless and you need to exercise the put. If asset is above the call strike then put expires worthless and you'll likely get assigned.  Given this framework:  If margin interest is eating up your profit faster than you're earning theta (a convenient way to represent the time value) then you have some urgency and you need to exit that position before expiry. I would not exit the stock until the call is covered. Keep minimal risk at all times. If you are limited by the position's impact on your buying power and probable value of available opportunities is greater than the time decay you're earning then once again, you have some urgency about closing instead of unwinding at expiry. Same as above. Cover that call, before you ditch your hedge in the long stock. Playing the tradeoff game of expiration/exercise cost against open market transactions is tough. You need sub-penny commissions on stock (and I would say a lot of leverage) and most importantly you need options charges much lower than IB to make that kind of trading work. IB is the cheapest in the retail brokerage game, but those commissions aren't even close to what the traders are getting who are more than likely on the other side of your options trades."}
{"_id": "384230", "title": "", "text": "I agree with you but I will say that $25,000 would be an adequate down payment on a new home in many parts of the country so while it's not the equivalent of a mortgage it still delays home buying for graduates which is evident in the housing market weakness."}
{"_id": "384239", "title": "", "text": "That was precisely my point. 99% of the people who ignore their parents' advice are just learning the hard way. 1% are not just smarter than their parents, but so much smarter that their parents' life-lessons are inapplicable. (unfortunately, the 99% tend to think they are part of the 1%, and the 1% tend to take their parent's advice)."}
{"_id": "384251", "title": "", "text": "There are certain standards that modern checks need to meet. These aren't required by law, but banks today generally insist on them. If you are able to meet these standards and print your own checks at home, you are allowed to do so. One way this is commonly done is with purchased check blanks and check printing software. Office supply stores sell check blanks that fit into standard computer printers. This check paper includes the necessary security features of checks, and using the check printing software, you can print your personal information, including your name & address, your bank's name and address, and your account numbers. The account numbers on the bottom of the checks are called the MICR code, which stands for Magnetic Ink Character Recognition. Normally, these numbers were printed with special magnetic ink, which was used in automated check reading machines. Checks that you purchase from your bank still use magnetic ink; however, modern check readers are optical, and don't require magnetic ink. So you should be able to print checks with your printer using standard ink/toner, and not have a problem. Without purpose-specific check printing software, you could still buy blank check paper from the store, and with a little trial-and-error you could print using Excel.  The biggest challenge with doing this would be printing the MICR code: you would probably need to install an MICR font on your computer and play around with the size and location until you get it where you want it.  Doing a little Googling, I see that there are some check printing Excel templates out there, but I haven't tried any of these, and it is unclear to me whether they actually print the MICR, or whether they assume that you have blank checks with the MICR account number and check numbers already printed. Without purchasing blank check paper, you won't have any of the security features, such as microprinting, watermarks, erasure protection, anti-photocopying background, etc.  As you mentioned, if you are depositing checks via mobile phone app, as some banks now allow, none of these security features are doing any good.  The problem, however, is that you are not writing checks for yourself; you are writing checks to other people, and you have no way of knowing whether or not their banks are going to give them trouble with your checks.  There is enough check fraud out there that lots of bank tellers are very cautious.  I recommend sticking with check paper that has the security features because, if nothing else, it will make your check look more like a real check."}
{"_id": "384252", "title": "", "text": "In order to short a stock, you have to borrow the number of shares that you're shorting from someone else who holds the shares, so that you can deliver the shares you're shorting if it becomes necessary to do so (usually; there's also naked short selling, where you don't have to do this, but it's banned in a number of jurisdictions including the US). If a stock has poor liquidity, or is in high demand for shorting, then it may well be impossible to find anyone from whom it can be borrowed, which is what has happened in this instance."}
{"_id": "384265", "title": "", "text": "This idea does not make sense for most mutual funds. The net asset value, or NAV, is the current market value of a fund's holdings, minus the fund's liabilities, that is usually expressed as a per-share amount. For most funds, the NAV is determined daily, after the close of trading on some specified financial exchange, but some funds update their NAV multiple times during the trading day. http://en.wikipedia.org/wiki/Mutual_fund I am not certain, but I believe that OppenheimerFunds does not report intraday prices.  I would call them up and ask."}
{"_id": "384267", "title": "", "text": "Stocks in the Weimar hyperinflation are discussed in When Money Dies. I don't own a copy of the book but here is a link to a blog post about it. Speculation on the stock exchange has spread to all ranks of the   population and shares rise like air balloons to limitless heights Basically, the stock market did very well (i.e. the US dollar value of stocks increased quite a lot. Of course, the price of everything increased if measured in marks.) Quote from the article: Bottom line: In marks, stocks had an amazing run. Even in USD they had   a nice runup. It makes sense that the stock market would skyrocket because (a) if  money has no value, then people will want to replace money with tangible things like goods, and since a stock represents a share in the factories and things which a company owns, it makes sense that you would want them and (b) if money has no value anyway, why not gamble with it? I would be interested to hear what happened in other hyperinflations."}
{"_id": "384280", "title": "", "text": "\"Comission is a must when doing sales. That is the best (and only good) incentive to sell more. How much you want to give all depends on margins, the salary level that is accepted in your state/country and what sellers you have (young or old).  Salary costs at 30 - 35% of total order value is normal including salary tax and all tax oriented costs around that employee.   There are 2 ways of doing it. Only high commission and fixed salary + lower commission. Even if you use fixed salary + commission you can have \"\"restrictions\"\" so they have to sell above a certain level to get that commission. That means that you don't take any risks.   An example of a salary model that I found was popular. (The numbers are just made up according to what is normal to have in Sweden). It's a step-model. If you sell for:  Step 1: 0 - $3000 you get high commission 20% of everything you sell  Step 2: $3000 - $4000 you get fixed salary of $1000 + 10% commission  Step 3: $4000 - $6000 you get fixed salary of $1700 + 15% commission  And so on.  Your weakest points are when going to a higher step. You have to change the steps so it works with your salary statistics so you have most people under a step to motivate them to go to the next instead of having them exactly above one step. As you can see, with a step model, you just put a disquise on the commission model but make it more attractive. What the seller think is that they have a fixed salary. If a seller is happy, he/she is selling a lot.    I have also had a criteria saying that if you can keep youself at 1 step for more than 3 months you will start there each month. Then it's up to the team leader to warn if that seller IS good or just LUCKY.\""}
{"_id": "384295", "title": "", "text": "I think his conclusions apply only to sole proprietorships that provide cheap, commoditized services.  My story is a little different.  I've been a sole proprietor, writing software and providing services related to that software, for 15 years.  Over that time, I closed two IP sales to large competitors.  One of those was an 8-figure deal.  I never provided commodity services, saved as much of my consulting income as possible, toughed out the fallow periods, invested years of unpaid time inventing new ideas and writing new software, treated my customers very well, and always negotiated hard for value."}
{"_id": "384322", "title": "", "text": "This subreddit has become pathetic. There are currently three comments in this thread (excluding this one). The two that are factually correct are both down voted to a score below zero, while an ignorant comment has 5 up votes. If we want to turn this into a ignorant circle jerk where we all sit around calling banks evil then I suggest we move it to another subreddit.   This article is pathetic. The writer thinks that JPM has a balance sheet that is over 4x the size of the US economy. Here is a newsflash: there is no conspiracy they with the banking sector. Banks want to make money, just like every other business. That doesn't mean that they have the government in their pocket."}
{"_id": "384326", "title": "", "text": "\"Of course, but how do I ensure that my factory workers aren't stoned on the job? I drug test. This then removes some of my liability for accidents. \"\"He drug tested fine, the rules say no drugs, he injured himself due to his negligence, not mine, why should I pay for his bad drug-induced forklift handling skills that ran himself over?\"\"\""}
{"_id": "384333", "title": "", "text": "Again, dude, with this projecting shit. Now you're creating me in your mind as some country bumpkin redneck that also shops at hot topic? Is that the kind of person you usually get your ass handed to you by? I am honestly worried about you. You're probably, what, mid 30s? Shitty job, failed restaurant, meaningless MBA. You need to find a way to not be a failure eventually."}
{"_id": "384343", "title": "", "text": "This is the interesting elephant in the room for the Ali IPO. A large component of Ali's revenue is derived from providing customers with access to manufacturers - these manufacturers derive their revenue from selling counterfeit products, internationally.   To allow Ali to go public, effectively legitimises their business activities and leaves you with an organisation that could be comparable to piratebay but for physicals that is considered far more official/legit (read: dangerous)..   Still, it doesn't seem to troubling for America's banking industry and thus - I'll be picking up a fair share of stock when this does happen (probably just for the short-term though, hey)."}
{"_id": "384345", "title": "", "text": "The volume required to significantly move the price of a security depends completely on the orderbook for that particular security. There are a variety of different reasons and time periods that a security can be halted, this will depend a bit on which exchange you're dealing with. This link might help with the halt aspect of your question: https://en.wikipedia.org/wiki/Trading_halt"}
{"_id": "384347", "title": "", "text": "\"But, wait! There's more!  \u00a0  [Exhibit A](http://www.reddit.com/r/dogecoin/comments/1z8khe/i_am_a_film_producer_looking_to_fund_an_indie/) &gt;I am a film producer looking to fund an indie grand slam with doge, any takers?  &gt;Yes, I was a student at the very prestigious fsu school of film where thousands apply and 30 get in. I've worked on over 15 shorts and was asked to co-produce this with an agent who was a classmate of mine. This is the real deal. We have a trailer but will not show it unless we know your what we call a \"\"qualified\"\" investor. This means you can afford to invest in the film and you're not mortgaging your house to do it.  \u00a0  [Exhibit B](http://www.reddit.com/r/finance/comments/21voeu/looking_for_bond_tradersbroker_in_south_fl_with/) &gt;We are a broker/dealer in south FL looking for traders/brokers of debt securities (preferably muni's) Email resumes to: Tyagman@gmail.com  &gt;Because I'm not giving out my firms email unless I get a legit resume you prick. We've been around for 20 yrs. and claiming your a market marker in your user name just makes you more of a prick; prick.  \u00a0  [Exhibit C](https://gust.com/companies/oddlotbonds) &gt; We are a bond trading broker/dealer located in Aventura, FL. Our ability to specialize in the niche sector we do business in has allowed us to produce very agressive returns annually for over 15 years. We are looking to expand and make this a mid-sized firm and restructure into a fund. We currently do business with high net worth individuals and all top 20 investment banks, retail brokerage firms and liquidity houses.  \u00a0  [Exhibit D](http://www.reddit.com/r/finance/comments/2eh4sw/i_work_at_a_boutique_bd/) &gt;I'm a risk on us debt trader but because I also went to a top film school they want me to get creative and come up with a few ideas of how they can be more innovative and spread they're tentacles.  \u00a0  **--- UBS Comment Due Diligence Quant**\""}
{"_id": "384361", "title": "", "text": "\"It is a binary options market licensed by the \"\"gaming authority\"\" of Malta. One of the most liberal \"\"pay to play\"\" jurisdictions in the European Union. It sells access to tighter regulatory regimes. This is distinctly a gambling website, not licensed or protected by securities regulations. But that aside, even if they were able to masquerade more as a financial service, none of that dictates whether you will lose your money. Therefore try to find reviews from people that already use the site. This is not investing, a distinction I am able to make because no product they offer has positive expected value. Cash settled binary options do sound like a lot of fun though! And maybe you can make successful predictions in the allotted time period of the option. The things I would expect are issues withdrawing your funds, or unexplained fees.\""}
{"_id": "384371", "title": "", "text": "There are banks that will do 5-year fixed. Alternatively, if you pay off a 15-year mortgage as if it were a five-year fixed, with the extra money going to pay down principal, the cost isn't very different and you have more safety buffer. Talk to banks about options, or find a mortgage broker who'd be willing to research this for you. Just to point out an alternative: refinancing at lower rate but without shortening the duration would lower your payments; investing the difference, even quite conservatively, is likely to produce more income than the loan would be costing you at today's rates. This is arguably the safest leveraged investment you'll ever have the opportunity to make. (I compromised: I cut my term from 20 years to 15ish, lowered the interest rate to 3.5ish, and am continuing to let the loaned money sit in my investments and grow.)"}
{"_id": "384395", "title": "", "text": "Few months of loose fiscal policy? It has actually been 4 years and we are on QE3. The FED have been and still are increasing the money supply. (Which is textbook monetary policy during a recession). However, when there is more of something, it is worth less. Inflation and a weaker dollar are coming no matter who is president. That is his only argument."}
{"_id": "384396", "title": "", "text": "\"Use the budget to drive down spending so you can save (for retirement, for college, for expenses) and so you can pay off your mortgage early.  Some, (Dave Ramsey, for example) advocate for an \"\"Envelope system\"\"...  If your budget says 100 a month for restaurants, then at the beginning of the month, you put 100 into that envelope.  Once you've spent that much on restaurants that month, you're done for the month.  On the other hand, if you don't spend the 100, then you have two choices:  either you can adjust the budget downward and put the money somewhere else (like your Mortgage) or you can build up cash in that account so you can afford a really expensive restaurant in a few months.\""}
{"_id": "384409", "title": "", "text": "&gt; Price range compared to the Model 3?  Benz: Starting at: $39,900*MSRP   vs   Tesla: while starting at only $35,000 before incentives.     &gt; gigafactorywise  Not sure on what Benz is planning. I haven't looked at how they plan on handling the manufacturing side in any detail.  &gt; The bigger question is when they will realize that they can't maintain just selling cars to the end user.  No one has a firm handle on that yet. Its all vapor still. Anyone that claims otherwise is bullshitting you. There are a LOT of complications yet unanswered."}
{"_id": "384421", "title": "", "text": "\"This is all well and good, but sometimes you just run into an intractable manager.  There are plenty of managers out there who are both cheap and are generally resistant to budging on negotiations.  In those cases, your \"\"4th best negotiation tip\"\" is to have a best alternative to the job in your pocket.\""}
{"_id": "384447", "title": "", "text": "It does raise a valid point : being a doctor is a mater of studying , and can be done by anyone wiling to put in the effort , much like any profession or craft.  And there are many medschools globally that take in people who weren't qualified enough to study medicine in their own country, yet after graduation from said medschools they go back to work in their home country like any other doctor who studied there . so really , since being a doctor is a matter of learning and experience , rather than innate talent , are doctors overpaid ?"}
{"_id": "384469", "title": "", "text": "Here's my approach: As for Google Docs, I think that its safe enough for most people. If you in a profession that was subject to heavy regulatory scrutiny, of if you are cheating on your taxes, I would probably not use a cloud provider. Many providers will provide documents to government agencies without a subpoena or notice to you."}
{"_id": "384493", "title": "", "text": "in this world i dont know why people believe everything they read and take statistics like if GOD himself wrote them through time we have been lying constantly about many things just to benefit a few"}
{"_id": "384501", "title": "", "text": "The problem with robots is that you have to pay for all of their capabilities upfront and if you want new capabilities then you have to upgrade them with another load of capital. With humans you can get an entry model and pay in installments. Capabilities are insanely flexible and upgradeable through education and training."}
{"_id": "384517", "title": "", "text": "\"The Investment Management Certificate (IMC) is the base level certification for Asset Management. Should be relatively easy to pass and might get you a leg up on other candidates.  Something that demonstrates competence in VBA would also be beneficial.  However if you want to get ahead in the City, I would suggest you focus on human psychology rather than qualifications. A book such as \"\"How to Win Friends and Influence People\"\" is going to be more beneficial than another piece of paper.\""}
{"_id": "384523", "title": "", "text": "Back to kids at school, I absolutely am willing to accept reality that some will never be anything but a waste of resources and a negative to society.  Let them drop out or kick them out as soon as their behavior shows a pattern that harms other student's ability to learn."}
{"_id": "384532", "title": "", "text": "For your girlfriend (congrats to you both on the coming new baby!), full-time mothers often become work-at-home moms using skills that they may have utilized in the outside-the-home workforce before they made the decision to stay home.   Etsy can be a place where some do this, but there are many articles out there pointing out that it also doesn't work for many people.  I tried to earn some side money there and didn't make a dime.  For those with a niche product, though, it can really work. A book on working at home as a mother (from a Christian perspective with specifically religious overtones, so not the right book for someone who would not appreciate that aspect) is Hired @ Home.  There are secular resources, such as the website Work From Home.  From everything I've ever heard in researching the topic of becoming a WAHM (work at home mother), it's a challenging but rewarding lifestyle.  Note that according to one WAHM I know, only contract work is reliable enough to be depended on for family obligations (this is true of any part time work).  Freelancing will have so many ups and downs that you can't bank on it to, say, pay the mortgage unless you really get going. Ramit Sethi of I Will Teach You To Be Rich focuses a lot on Earning More Money with ideas that might benefit both of you.  His angle is that of working on top of an existing job, so it may specifically help you think of how to take your programming skills (or a hobby you have besides programming) and translate them into a career."}
{"_id": "384536", "title": "", "text": "Since you seem determined to consider this, I'd like to break down for you why I believe it is an incredibly risky proposition: 1) In general, picking individual stocks is risky. Individual stocks are by their nature not diversified assets, and a single company-wide calamity (a la Volkswagen emissions, etc.) can create huge distress to your investments. The way to mitigate this risk is of course to diversify (invest in other types of assets, such as other stocks, index funds, bonds, etc.). However, you must accept that this first step does have risks.  2) Picking stocks on the basis of financial information (called 'fundamental analysis') requires a very large amount of research and time dedication. It is one of the two main schools of thought in equity investing (as opposed to 'technical analysis', which pulls information directly from stock markets, such as price volatility). This is something that professional investors do for a living - and that means that they have an edge you do not have, unless you dedicate similar resources to this task. That information imbalance between you and professional traders creates additional risk where you make determinations 'against the grain'.  3) Any specific piece of public information (and this is public information, regardless of how esoteric it is) may be considered to be already 'factored into' public stock prices. I am a believer in market efficiency first and foremost. That means I believe that anything publically known related to a corporation ['OPEC just lowered their oil production! Exxon will be able to increase their prices!'] has already been considered by the professional traders currently buying and selling in the market. For your 'new' information to be valuable, it would need to have the ability to forecast earnings in a way not already considered by others. 4) I doubt you will be able to find the true nature of the commercial impact of a particular event, simply by knowing ship locations. So what if you know Alcoa is shipping Aluminium to Cuba - is this one of 5 shipments already known to the public? Is this replacement supplies that are covering a loss due to damaged goods previously sent? Is the boat only 1/3 full? Where this information gets valuable, is when it gets to the level of corporate espionage. Yes, if you had ship manifests showing tons of aluminum being sold, and if this was a massive 'secret' shipment about to be announced at the next shareholders' meeting, you could (illegally) profit from that information. 5) The more massive the company, the less important any single transaction is. That means the super freighters you may see transporting raw commodities could have dozens of such ships out at any given time, not to mention news of new mine openings and closures, price changes, volume reports, etc. etc. So the most valuable information would be smaller companies, where a single shipment might cover a month of revenue - but such a small company is (a) less likely to be public [meaning you couldn't buy shares in the company and profit off of the information]; and (b) less likely to be found by you in the giant sea of ship information. In summary, while you may have found some information that provides insight into a company's operations, you have not shown that this information is significant and also unknown to the market. Not to mention the risks associated with picking individual stocks in the first place. In this case, it is my opinion that you are taking on additional risk not adequately compensated by additional reward."}
{"_id": "384541", "title": "", "text": "\"An employee costs the company in four ways: Salary, taxes, benefits, and capital. Salary: The obvious one, what they pay you. Taxes: There are several taxes that an employer has to pay for the privilege of hiring someone, including social security taxes (which goes to your retirement), unemployment insurance tax (your unemployment benefits if they lay you off), and workers compensation tax (pays if you are injured on the job). (There may be other taxes that I'm not thinking of, but in any case those are the main ones.) Benefits: In the U.S. employers often pay for medical insurance, sometimes for dental, life, and disability. There's usually some sort of retirement plan. They expect to give you some number of vacation days, holidays, and sick days where they pay you even though you're not working. Companies sometimes offer other benefits, like discounts on buying company products, membership in health clubs, etc. Capital: Often the company has to provide you with some sort of equipment, like a computer; furniture, like a chair and desk; etc. As far as the company is concerned, all of the above are part of the cost of having you as an employee. If they would pay a domestic employee $60,000 in salary and $20,000 in taxes, then assuming the same benefits and capital investment, if a foreign employee would cost them $0 in taxes they should logically be willing to pay $80,000. Any big company will have accountants who figure out the total cost of a new employee in excruciating detail, and they will likely be totally rational about this. A smaller company might think, \"\"well, taxes don't really count ...\"\" This is irrational but people are not always rational. I don't know what benefits they are offering you, if any, and what equipment they will provide you with, if any.  I also don't know what taxes, if any, a U.S. company has to pay when hiring a remote employee in a foreign country. If anybody on here knows the answer to that, please chime in. Balanced against that, the company likely sees disadvantages to hiring a foreign remote employee, too. Communication will be more difficult, which may result in inefficiency. My previous employer used some contractors in India and while there were certainly advantages, the language and time zone issues caused difficulties. There are almost certainly some international bureaucratic inconveniences they will have to deal with. Etc. So while you should certainly calculate what it would cost them to have a domestic employee doing the same job, that's not necessarily the end of the story. And ultimately it all comes down to negotiations. Even if the company knows that by the time they add in taxes and benefits and whatever, a domestic employee will cost them $100,000 a year, if they are absolutely convinced that they should be able to hire an Austrian for $60,000 a year, that might be the best offer you will get. You can point out the cost savings, and maybe they will concede the point and maybe not.\""}
{"_id": "384546", "title": "", "text": "\"tl;dr Gordon Ramsay is a Navy SEAL.   Honestly stupid article, Gordon Ramsay is successful because he is a TV celebrity and he parlayed his celebrity and access to millions of viewers worldwide into press for a chain of restaurant. Celebrity endorsement is a business strategy as old as consumerism. Nothing to do with what this blowhard lists on his blog.   I mean these are just absolute gems of insight.  &gt;\"\"poor leadership is at the heart of every business problem\"\" &gt; &gt;\"\"Passion is the fuel of excellence\"\" &gt; &gt;\"\"Sugar-coating the truth is for suckers\"\"  *slow clap* give this man an overpaid management consulting job pronto!\""}
{"_id": "384556", "title": "", "text": "I'm interested to see vegan cereal and pot brownies delivered to my house within an hour by drone from these guys. The acquisitions they are making have been very smart and it's cool to follow. I was confused when they bought Twitch, but now seeing how they integrated video game sales and allowed it to be a marketing channel has made a lot of sense to me"}
{"_id": "384557", "title": "", "text": "Hospitals (most, I believe) are not allowed to turn away a person with a condition that would qualify as a life threatening emergency. The people without insurance cannot be left for dead, and yet the hospitals have to find a way to pay for their care. I believe there is some ways to get compensation from Medicaid, but this won't fully cover the cost, and hospitals are forced to raise prices on those with insurance. These increased costs are reflected in the prices of health insurance. A single payer system would address that shortfall of our current system, and a another huge cost in our system, the rise in tests, treatments and expensive care for our elderly. Right now huge amounts of money are being spent to extend the lives of the elderly patients by incremental amounts."}
{"_id": "384561", "title": "", "text": "Certainly the author was well prepared, what with his Art History degree and all, to work at a major investment bank. I think the point of the article is that luck *can be* considerably more important than preparedness."}
{"_id": "384564", "title": "", "text": "tl;dr: Please please please do the conversion first. JoeTaxpayer's answer is correct, but I am of the opposite opinion. First, there's just about no reason to have post-tax dollars in a Traditional IRA.  You'll eventually have to pay tax on the earnings those dollars generate, so it's essentially the same as having that money in a regular taxable account.  Meanwhile, if you roll those dollars into a Roth IRA, you get to earn tax-free money on them for the rest of your life (and even after your death)! Second, even if you did have some reason for keeping those post-tax dollars where they are, the last thing you ever want to do is mix them with pre-tax dollars (from, say, your 401k).  As soon as you mix them, all the dollars become subject to pro-rata taxation (as Joe mentioned), so any future decision you were planning to make about what to do with just your post-tax dollars is moot -- you have given away your right to think separately about your pre- and post-tax dollars. As an example, let's say the accounts you want to combine look like this: In the future you decide you want to move $2,000 from the above account into a Roth.  Because you mixed the money, the IRS insists that your rollover consists of: So now you owe tax (and it's regular income tax, I believe, not even capital gains tax) on $1,500.  That was money that you socked away specifically to avoid taxes, and now you've gone and paid taxes on it!  Now, there are valid arguments for intentionally moving pre-tax dollars from a Traditional to a Roth like this, but the point is that you shouldn't even have to be having that argument -- you have post-tax dollars in your Traditional IRA that almost certainly belong in a Roth.  By mixing your 401k into your Traditional IRA, you can no longer do anything with just the post-tax dollars.  The IRS will forever insist that you do these pro-rated calculations. Say in the future you suddenly realize that a Roth is much better for your financial situation than a Traditional IRA.  (Or you might still prefer a Traditional IRA, but as explained in the next sentence it's not available to you.)  Unfortunately, because you're covered by a (new) 401k -- or maybe because you earn too much money to contribute pre-tax dollars to either a Traditional or Roth IRA -- you're out of luck.  You're simply not allowed to contribute to a Roth. Most people in this situation can make use of what's called a back-door Roth.  They contribute up to the maximum amount per year ($5,500 or whatever it is now) post-tax to a Traditional IRA and then immediately roll it over to their Roth.  You can still try this, but guess what?  Yep, because you're mixing these new post-tax dollars with pre-tax money in your Traditional IRA, every year your rollover will be tainted with that pre-tax money, diluting the whole point of the back-door Roth.  You'll be paying taxes on money you never wanted to pay taxes on, and you'll be leaving post-tax money behind in your traditional IRA. (If it sounds like I'm annoyed about this situation from personal experience, it's because I am. :) By doing the conversion first, you never mix pre- and post-tax money, and your money goes where you want it. Of course, assuming you eventually do roll over your 401(k) into a Traditional IRA, the Really Annoying Consequence above will still plague you, but at least you'll have cleanly converted that first post-tax amount."}
{"_id": "384572", "title": "", "text": "It is double taxation. The same income is taxed twice.  But as to the core of your argument, starting from a baseline of zero I agree. But we aren't starting over .. there is 100+ years of income tax history and almost 250 years of state/local governments creating the services required for local residents.  It's been amazing how a lil bit of federal control has caused the conservative movement has forgotten they brought the 10th amendment to life with Seminole Tribe v. State of Florida."}
{"_id": "384577", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/09/29/Settling-the-Inflation-Targeting-Debate-Lights-from-a-Meta-Regression-Analysis-45253) reduced by 66%. (I'm a bot) ***** &gt; The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.  &gt; First, authors, editors and reviewers prefer results featuring beneficial effects of IT adoption on inflation volatility, real GDP growth and fiscal performances; second, they promote results with estimated coefficients that are significantly different from zero.  &gt; After filtering out the publication biases, we still find meaningful effects of IT in reducing inflation and real GDP growth volatility, but no significant genuine effects on inflation volatility and the level of real GDP growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73dvpv/imfsettling_the_inflation_targeting_debate_lights/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219449 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **effects**^#1 **IMF**^#2 **paper**^#3 **Inflation**^#4 **publication**^#5\""}
{"_id": "384578", "title": "", "text": "\"Maybe people should stop looking too very easy, very unskilled labor positions to support them.  There's no such thing as a \"\"livable wage\"\".  That's a myth.  If you don't have the skills to do anything more complex than be a cashier at McDonald's, it is not up to the company to pay you more.  It is up to you to improve your skills.    These jobs will be eliminated soon enough anyway.\""}
{"_id": "384581", "title": "", "text": "I can only imagine that Netflix is spending this money recklessly and with very little eye for efficiency.  Many of the other entities in the article have decades of experience.  It ain't easy to manage that kind of growth in spending anyway, no matter who you are."}
{"_id": "384583", "title": "", "text": "No. The information you are describing is technical data about a stock's market price and trading volume, only. There is nothing implied in that data about a company's financial fundamentals (earnings/profitability, outstanding shares, market capitalization, dividends, balance sheet assets and liabilities, etc.) All you can infer is positive or negative momentum in the trading of the stock. If you want to understand if a company is performing well, then you need fundamental data about the company such as you would get from a company's annual and quarterly reports."}
{"_id": "384601", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-mexico-economy-inflation-idUSKCN1B401V) reduced by 67%. (I'm a bot) ***** &gt; MEXICO CITY - Mexico will introduce a new inflation methodology in the second half of 2018 that will include measures from more cities and small towns as well as a greater range of products, the national statistics agency said on Wednesday.  &gt; Some of the new products and services include pet grooming, soy milk and carpeting.  &gt; The methodology reflects new patterns of consumption in both goods and points of sale, such as convenience stores, said INEGI President Julio Santaella.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6w6jd9/mexico_to_introduce_new_inflation_methodology_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~198939 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **new**^#1 **time**^#2 **INEGI**^#3 **include**^#4 **inflation**^#5\""}
{"_id": "384607", "title": "", "text": "SPY does not reinvest dividends.  From the SPY prospectus: No Dividend Reinvestment Service  No dividend reinvestment service is   provided by the Trust. Broker-dealers, at their own discretion, may   offer a dividend reinvestment service under which additional Units are   purchased in the secondary market at current market prices. SPY pays out quarterly the dividends it receives (after deducting fees and expenses).  This is typical of ETFs. The SPY prospectus goes on to say: Distributions in cash that are reinvested in additional Units through   a dividend reinvestment service, if offered by an investor\u2019s   broker-dealer, will be taxable dividends to the same extent as if such   dividends had been received in cash."}
{"_id": "384608", "title": "", "text": "All three credit bureaus allow you to file a dispute online. Some allow you to upload documentation at the same time, others will ask you to mail it to them. Send them the letter you got from your bank, they will then return to the collection company.  For $300.00 most likely they will not pursue it any further and the credit bureaus will delete the entry from your file. If the collection company want to make a case out of it they will have to view to cost of trying to get a Court Judgment against the value of the amount they are claiming. Almost certainly they will view at not cost effective and your credit rating will return to where it was prior to the negative impact"}
{"_id": "384613", "title": "", "text": "Hi /u/PhotomechanicalMead/, I just analyzed your comment history and found that you are a super positive commenter! Congratulations! [view results](http://ruadick.com/user/PhotomechanicalMead/) - Ranked #691 of 117159 - I took the liberty of commenting here because you are an extreme outlier in the Reddit commenter community. Thanks for your contribution to this Reddit comment sentiment analyzation project. You can learn the ranking of any reddit user by mentioning my username along with the username of the Redditor you wish to analyze in a comment. Example: /u/opfeels/ /u/someusernamehere/"}
{"_id": "384617", "title": "", "text": "\"I think you are mistaken because they are consumer funded programs that ultimately get spent at entities that may or may not be corporations.  A lot of hospital networks are 'non-profit', but are still seeing record inflows.  These payments are not tax subsidies to stimulate a corporate activity (the 'truest' type of corporate welfare) or direct funding from the US government, per se.  Your argument is the equivalent of saying:  \"\"food stamps are nothing but a corporate subsidy for grocery stores\"\"\""}
{"_id": "384622", "title": "", "text": "I don't understand what all the fuss is about leaving the accord. It's just another way to control our energy production and deter economic growth. Plus all those CEO's leaving just shows they weren't on Trump's advisory council in order to better America, but rather to promote their own needs."}
{"_id": "384626", "title": "", "text": "\"A Tweep friend asked me a similar question. In her case it was in the larger context of a marriage and house purchase. In reply I wrote a detail article Student Loans and Your First Mortgage.  The loan payment easily fit between the generally accepted qualifying debt ratios, 28% for house/36 for all debt. If the loan payment has no effect on the mortgage one qualifies for, that's one thing, but taking say $20K to pay it off will impact the house you can buy. For a 20% down purchase, this multiplies up to $100k less house. Or worse, a lower down payment percent then requiring PMI.  Clearly, I had a specific situation to address, which ultimately becomes part of the list for \"\"pay off student loan? Pro / Con\"\"  Absent the scenario I offered, I'd line up debt, highest to lowest rate (tax adjusted of course) and hack away at it all. It's part of the big picture like any other debt, save for the cases where it can be cancelled.  Personal finance is exactly that, personal. Advisors (the good ones) make their money by looking carefully at the big picture and not offering a cookie-cutter approach.\""}
{"_id": "384627", "title": "", "text": "There is a highly related question which is much easier to answer: what normally value-increasing news about a company would cause that company to fall in value in the public stock market? By answering that, we can answer your question by proxy. The answer to that question being: anything that makes investors believe that the company won't be able to maintain the level of profit. For example, let's say a company announces a 300% profit growth compared to the previous year. This should push the stock upwards; maybe not by 300%, but certainly by quite a bit. Let's also say that this company is in the business of designing, manufacturing and selling some highly useful gadget that lots of people want to buy. Now suppose that the company managed such an profit increase by one of: In scenario 1 (firing the engineering department), it is highly unlikely that the company will be able to come up with, manufacture and sell a Next Generation Gadget. Hence, while profit is up now, it is highly likely to go down in the months and years coming up. Because stock market investors are more interested in future profits than in past profits, this should push the value of the company down. In scenario 2 (selling off the machinery), the company may very well be able to come up with a Next Generation Gadget, and if they can manufacture it, they might very well be able to sell it. However, no matter how you slice it, the short-term costs for manufacturing either their current generation Gadget, or the Next Generation Gadget, are bound to go up because the company will either need to rent machinery, or buy new machinery. Neither is good for future profits, so the value of the company again should go down in response. In scenario 3 (their product getting a large boost), the company still has all the things that allowed them to come up with, produce and sell Gadgets. They also have every opportunity to come up with, manufacture and sell Next Generation Gadgets, which implies that future profits, while far from guaranteed, are likely. In this case, the probability remains high that the company can actually maintain a higher level of profit. Hence, the value of the company should rise. Now apply this to a slightly more realistic scenario, and you can see why the value of a company can fall even if the company announces, for example, record profits. Hence, you are looking for news which indicate a present and sustained raised ability to turn a profit. This is the type of news that should drive any stock up in price, all else being equal. Obviously, buyer beware, your mileage may vary, all else is never equal, nothing ever hits the average, you are fighting people who do this type of analysis for a living and have every tool known available to them, etc etc. But that's the general idea."}
{"_id": "384631", "title": "", "text": "Correct.  But he was over simplifying the problem so I wanted to keep it simple myself.  There's a whole lot of moving parts in this problem.  And no one really knows the implications so I kept it to what is generally accepted."}
{"_id": "384642", "title": "", "text": "&gt;Jeremy Grantham, chief investment strategist of Boston-based Grantham, Mayo, Van Otterloo &amp; Co., said margins will send stock markets tumbling when they eventually revert to their mean.   &gt;\u201cThe implication for the stock market is ugly, because it means earnings are unsustainably high,\u201d Grantham\u2019s colleague Ben Inker, GMO\u2019s director of asset allocation, said in a telephone interview."}
{"_id": "384644", "title": "", "text": "Here are three key factors that you do not explicitly state: So while I cannot say exactly why the tax law is the way it is, I can infer that it encourages long-term investments rather than short-term, which would seem to be a good thing for society overall.  The fast that capital gains are taxed at all somewhat discourages cashing out investments (although I suspect it's more of a nuisance factor - the cash received is likely more on an incentive that the tax is a disincentive)."}
{"_id": "384658", "title": "", "text": "The loan is very likely to be syndicated, yes. I only state 7-10 because all of our loans to this point have been 7 year terms. And in many ways, this loan is just one of those loans, multiplied out in a modular sense."}
{"_id": "384662", "title": "", "text": "The government could actually do either one to expand the money supply as necessary to keep up with rising productivity / an increased labor supply.  The question is merely political. In the case of the US, printing money involves convincing politicians to spend it.  While we currently run a deficit, there is a large lobby within the US who are incredibly anti-deficit, and are fighting against this for no good reason.  If the money supply were left in their hands, we would end up with a shrinking money supply and rapid deflation. On the other hand, the Fed can simply bypass the politicians, and control the money supply directly by issuing bonds.  It's easier for them, they don't have to explain it to voters (only to economists), and it gives them more direct control without any messy political considerations like which programs to expand or cut."}
{"_id": "384667", "title": "", "text": "Where I am you pay annual taxes on a house, pay state and county transfer taxes when you buy/sell, and then have to pay capital gains the year you sell if it appreciated and you don't meet one of the exemptions. So I think your whole premise may be flawed."}
{"_id": "384693", "title": "", "text": "You may withdraw penalty-free from a 401(k) if you separate from service at 55 or later. This may make the rolling to any IRA not a good idea. You can withdraw penalty free if you are disabled. You can withdraw penalty free if you take the withdrawal using a process called Section 72t which basically means a steady withdrawal for either 5 years or until age 59-1/2 whichever is second.  Aside from these exceptions, the concept is to be allowed to take withdrawals after 59-1/2, but you must start to take withdrawals starting at 70-1/2. These are called RMDs (required minimum distributions) and represent a small fraction of the account, 1/27.4 at 70, 1/18.7 at 80, 1/11.4 at 90.  Each year, you take a minimum of this fraction of the account value and pay the tax. If you had a million dollars, your first withdrawal would be $36,496, you'd be in the 15% marginal rate with this income.  In general, it's always a good idea to be aware of your marginal tax rate. For example, a married filing joint couple would be in the 15% bracket up to a taxable $74,900 in 2015. At withdrawal time, and as the year moves along, if they are on track to have a taxable $64,900 (for example), it would be wise to take the extra $10,000, either as a withdrawal to put aside for the next year, or as a Roth conversion. This way, as the RMDs increase, they have a reduced chance to push the couple to the next tax bracket."}
{"_id": "384694", "title": "", "text": "\"No one's worrying about \"\"GFC II.\"\" A Greek default/exit would hurt banks, but not that much more than is already priced into the market. The capital most big banks have raised would be sufficient to deal with Greece contingency. The real damage would be to GDP figures.\""}
{"_id": "384696", "title": "", "text": "This answer should be taken as a counterpoint to Thevin S's excellent answer. I have comprehensive insurance on my vehicle. That is, if I crashed it and wrote it off, my insurance would cover the replacement costs. Now, if this happened, I would be able to deal with the replacement costs myself, even without insurance. It would not significantly impact my lifestyle and would not put my emergency funds at risk, though obviously I wouldn't be happy about this. As the insurance company is planning on making money off of me, it's clearly not in my financial best interests to carry this insurance. Statistically speaking, it's a cost to me, and a profit for the insurance company. So why do I do it? Because I find it easy to pay a small amount of money every month for the peace of mind that, if I crash my car, I will not have to cover the large expense. I am (perhaps irrationally) risk averse. I'm happier paying a small amount of money in exchange for a guarantee that I will not have to pay a large amount of money. I mitigate a potentially larger cost, albeit with low likelihood, for the certainty of a smaller cost (my monthly insurance payments). This is separate from the mandatory PL/PD (public liability, public damage) insurance that I am required to cover. That insurance fits into Thevin's definition of a devastating event."}
{"_id": "384709", "title": "", "text": "I would ignore the bank completely when they use gross income. Decide, based upon your current living situation, what your MAX limit on a monthly payment is.  Then from that determine the size and cost of the house you can buy. My husband and I decided on a $2000 monthly payment max, but also agreed $1500 was more reasonable.  When using those numbers in the calculators it is way less than when using gross income. When we used our gross pay the calculators all said we could afford double what we were looking for. Since they don't know what our take home pay is (after all the deductions including 401k, healthcare, etc), the estimates on gross income are way higher than what we can comfortably afford. Set a budget based on your current living situation and what you want your future to look like. Do you want to scrimp and coupon clip or would you rather live comfortably in a smaller home? Do the online calculators based on take home pay and on gross pay to get a sense of the range you could be looking at."}
{"_id": "384710", "title": "", "text": "BestSoccerBalls are a leading soccer ball retailer,  Which provide the best offer of branded soccer balls and its accessories. If you want to Best cheap soccer balls, then you can visit our website and buy online cheap soccer balls. All branded company uses very high-quality stitching threads and make the ball glossy with qualitative materials. On our website, you can see one of the important soccer balls, which are used in famous tournaments like world cups."}
{"_id": "384714", "title": "", "text": "With regards to buying timber bifold doors perth  for your home, there are really various contemplations that you should consider to guarantee that you are settling on the correct decision for your necessities. Neglecting to consider even one of these contemplations could bring about the buy of a door that is unsatisfactory for your home, causing a wide range of issues down the track. All in all, what are these contemplations?"}
{"_id": "384735", "title": "", "text": "It's been against their best interest to make a profit up to now. They invest everything they have into, in theory at least, making the product better and increasing user numbers. Only when the active user numbers are high enough do they try to make huge profits. Sounds like that time is starting now."}
{"_id": "384737", "title": "", "text": "I don't know, I'm constantly surprised by the frequency with which individuals seem to be surprised by the consequences of their actions.  I've taken many shit jobs just to pay the bills and gain experience.  It takes foresight to get ahead."}
{"_id": "384741", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.technologyreview.com/s/544616/hot-and-violent/) reduced by 92%. (I'm a bot) ***** &gt; &amp;shy;Nicholas Stern, a former chief economist of the World Bank and advisor to the British government, predicted in his 2006 report &amp;quot;Economics of Climate Change&amp;quot; that &amp;quot;Higher temperatures will increase the chance of triggering abrupt and large-scale changes that lead to regional disruption, migration and conflict.&amp;quot; Over the last decade, many researchers have tried to document the connection.  &gt; A few years later, Hsiang and his colleagues at Berkeley and Stanford analyzed the growing literature on climate and conflict and found a consistent result in 60 research papers: rising temperatures and changes in precipitation patterns increased the risk of conflicts.  &gt; In an attempt to make economic forecasts more rigorous, Hsiang and his colleagues, who include climate scientists and social scientists, have looked at how temperature has affected labor productivity and agriculture in different countries over the years.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tct10/hot_and_violent_researchers_have_begun_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~189614 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **climate**^#1 **change**^#2 **how**^#3 **Snyder**^#4 **temperature**^#5\""}
{"_id": "384742", "title": "", "text": "Yes, but how does this affect your profit margin? And do you think that companies/stores like Walmart would be able to offer the same beef for the same price, while keeping the same supply? I feel like these fertilizers would drastically improve output by speeding up growth or eliminating loss of crops/animals."}
{"_id": "384747", "title": "", "text": "Not for the tax break, no; as others have said that still costs you money. However, with rates being low right now and brought a bit lower by the tax break, this is an opportunity for the safest form of leveraged investing you will ever find. If you invest that money, the returns on investment will probably be better than the mortgage rate, and that leaves you with a net profit. There is some risk if the market collapses, but it's less risk than any other form of borrowing to invest. That also leave you with more flexibility if you need cash in a hurry; you can draw down the investments rather than taking another loan. If the risk bothers you, you can do what I did and split the difference. I put 50% down and financed the rest. I sometimes regret not having pushed it harder, since it has worked out well for me ... but that was the level of risk I was comfortable with."}
{"_id": "384749", "title": "", "text": "Then buy an indexed ETF or mutual fund that tracks the S&amp;P 500 and leave your money there until you need it. If you can (there are restrictions for income, etc.), try and setup a retirement vehicle, such as a Roth IRA to get tax advantages."}
{"_id": "384751", "title": "", "text": "\"Under no circunstances will the bank keep the money for itself. Keeping the money is considered Unjust Enrichment: A general equitable principle that no person should be allowed to profit at another's expense without making restitution for the reasonable value of any property, services, or other benefits that have been unfairly received and retained. The banks will attempt to, in order: Wait for some time: Generally, a time frame of three to five years with no customer-initiated activity sends an account into dormancy. The amount of time that must lapse depends on the [US] state in which the bank account was opened. Attempt to contact the account holder: (...) the bank must try to notify the account holder. If the customer does not respond within a certain amount of time, the balance on the account will be turned over to the state. Turn over the money to the government: In a process what is called \u201cescheating\u201d an account, banks are required to turn over funds from the inactive account to the state treasury. Once the account is sent to the state, the funds are held as unclaimed property. At this point the account no longer exists so far the bank is concerned.  To reclaim your money, you will have to contact your state for the instructions on how to get your money back. You\u2019ll need to complete and submit a claim form along with the necessary identification. If you happen to have unclaimed property held by the state, you can begin the retrieval process by visiting www.unclaimed.org. For a foreigner, it is not unreasonable that the bank would attempt to contact the diplomatic body of the country of origin in step 2, but that may be subject to bank policy. There is some paperwork the bank needs to do to \"\"escheat\"\" the account and properly transfer the money to the state.\""}
{"_id": "384757", "title": "", "text": "I wouldn't doubt it. Apparently the oil pipeline to transfer oil from Iran to China through Pakistan has already been built, just needs to be activated, just needs the go ahead now.  As for US track record, yeah, they have very bad one and it's only getting worse. I suspect the GOP will blame a lot of this on Obama on their next run for presidency and then they will blunder even more. Coincidently as well, a lot of people will say Russian or any non-western sources of news are not reliable because it's propaganda yet they are the western medias not spewing their on propaganda?"}
{"_id": "384759", "title": "", "text": "I think it might come down to the contract itself. In many states in the US an employer cannot block you from practicing your trade to make a living. In many jurisdictions contract clauses that are designed to prevent you from working in your trade area are generally void and unenforceable however in cases like this only a trip in front of a judge will fix it.   What I find interesting about this, is that depending on the details, Sony might have a hard time finding another spokesman in the future. I would imagine most actors would steer clear of that spot in the future if this is how Sony is going to react when they try to get new work."}
{"_id": "384770", "title": "", "text": "While on the surface it might not make sense to pay more than one dollar to get just one dollar back, the key thing is that a good company's earnings are recurring each year. So, you wouldn't just be paying for the $1 dollar of earnings per share this year, but for the entire future stream of earnings per share, every year, in perpetuity -- and the earnings may grow over time too (if it remains a good company.) Your stock is a claim on a portion of the company's future. The brighter and/or more certain that future, the more investors are willing to pay for each recurring dollar of earnings. And the P/E ratio tells you, in effect, how many years it might take for your investment to earn back what you paid \u2013 assuming earnings remain the same. But you would hope the earnings would grow, too. When a company's earnings are widely expected to grow, the P/E for the stock is often higher than average. Bear in mind you don't actually receive the company's earnings, since management often decides to reinvest all or a portion of it to grow the company. Yet, many companies do pay a portion of earnings out as dividends. Dividends are money in your pocket each year."}
{"_id": "384772", "title": "", "text": "\"It would take an unusual situation.   They exercise certain types of option, which come in as regular income rather than capital gains, and are holding the stock \"\"long\"\" (perhaps they are not allowed to sell because of an insider-trading freeze window; like right before earnings announcements).  And then the stock tanks.  Their company is acquired.   They get stock options in their unicorn at $1/share, which blows up to $1000/share right as HugeFirm buys it. Options are swapped dollar-for-dollar for HugeFirm stock (at $250/share) so 4 shares for 1.   I heard this happened a lot in the 1999-2000 boom/bust.   And the problem was, this type of stock-option had historically only been offered to $20-million salary CEOs and CFO's, who retained professional legal and financial counsel and knew how to deal with the pitfalls and traps of this type of option.  During the dot-com boom, it was also offered to rank-and-file $50k salary tech employees who didn't even know the difference between a 401K and a Roth.   And it exploded in their faces, making a big mess for everyone including the IRS -- now struggling to justify to Congressmen why they were collecting $400,000 in taxes on entirely phantom, never-realized income from a 24 year old tech guy earning $29k at a startup and eating ramen.  When that poor guy never had a chance of understanding the financial rocks and shoals, and even if he did, couldn't have done anything about it (since he wasn't a high executive involved in the decisions).  And even the company who gave him the package didn't intend to inflict this on him.  It was a mistake.  Even the IRS dislikes no-win situations.   Some laws got changed, some practices got changed, etc. etc., and the problem isn't what it used to be.\""}
{"_id": "384792", "title": "", "text": "This is the first I've heard about manufacturing downturn. The article shows wages up in other sectors and the BSE is stronger than ever. Recent changes (currency + GST) are painful, but they seem necessary and beneficial in the long run. I'm still long.  Edit: GDP is down to 5.7% from 7.9% for the same quarter last year."}
{"_id": "384819", "title": "", "text": "This is of course a perfectly normal thing to happen. People trade up to a bigger house every day. When you've found a bigger house you want to move to and a buyer for your existing one, you arrange 'closing dates' for both i.e. the date on which the sale actually happens. Usually you make them very close, either on the same day or with an overlap of a few weeks. You use the equity (i.e. the difference between the house value and the mortgage) in the old house as the down payment on the new house. You can't of course use the part of the old house that is mortgaged. If the day you buy the new and sell the old is the same, your banks and lawyers do everything for you on that day. If there is an overlap then you need something called 'bridge financing' to cover the period when you own two houses. Banks are used to doing this, and it's not really that expensive when you take into account all the other costs of moving house. Talk to them for details. As a side note, it is generally reckoned not to be worth buying a house if you only intended to live there one or two years. The costs involved in the process of buying, selling and moving usually outweigh any gains in house value. You may find yourself with a higher down payment if you rent for a year or two and save up a down payment for your 'bigger' house instead."}
{"_id": "384833", "title": "", "text": "$8/hr is livable if both the parents work, $33,280/yr, that's a little more than 150% above the FPL for a family of 3 (assuming 1 kid). It's still ~125% if they are only able to work 30 hours a week ($24,960).  It's not livable for a single parent but the prevalence of broken households is an entirely different matter."}
{"_id": "384834", "title": "", "text": "\"?  You quoted an oft cited oft disproven false factoid. It's extremely biased. Like you seem to be.   Most of those \"\"self made\"\", notice those quotes, people came from money. Their business is \"\"self made\"\", with family money. Like the article implies.\""}
{"_id": "384850", "title": "", "text": "\"My Broker and probably many Brokers provide this information in a table format under \"\"Course of Sale\"\". It provides the time, price and volume of each trade on that day. You could also view this data on a chart in some charting programs. Just set the interval to \"\"Tick by Tick\"\" and look at the volume. \"\"Tick by Tick\"\" will basically place a mark for every trade that is taken and then the volume will tell you the size of that trade.\""}
{"_id": "384855", "title": "", "text": "\"When I was 23, the Toronto housing market was approaching a record high, and I thought, \"\"I must buy a place or I'll be locked out.\"\" And I did. Bad decision. I should have waited and saved my money. For the record, I thought I would never recover, but I did. Patience grasshopper. In actual fact the U.K. housing market is probably approaching a low, and you have a job that is paying you well enough.  BUT the lesson I learned wasn't about buying at a high or a low, it was about the need never to let external factors rush your decision making. Your decisions have to make sense for your own unique situation. If you're living at home and you have domestic bliss, mum and dad aren't crimping your style (if you know what I mean), then, enjoy it.  Your credit balance sounds understandable. It's not fatal. But it's a budget killer.  Make adjustments (somehow/anyhow) so that you are paying it down month by month. Take it down to \u00a30. You will feel amazing once you do it. After that, use the money that you were paying onto your credit card and start saving it. Whether you ultimately use the money for a house down-payment or your retirement, doesn't matter. Just get into the situation where you're saving.\""}
{"_id": "384857", "title": "", "text": "The common advice you mentioned is just a guideline and has little to do with how your portfolio would look like when you construct it. In order to diversify you would be using correlations and some common sense. Recall the recent global financial crisis, ones of the first to crash were AAA-rated CDO's, stocks and so on. Because correlation is a statistical measure this can work fine when the economy is stable, but it doesn't account for real-life interrelations, especially when population is affected. Once consumers are affected this spans to the entire economy so that sectors that previously seemed unrelated have now been tied together by the fall in demand or reduced ability to pay-off. I always find it funny how US advisers tell you to hold 80% of US stocks and bonds, while UK ones tell you to stick to the UK securities. The same happens all over the world, I would assume. The safest portfolio is a Global Market portfolio, obviously I wouldn't be getting, say, Somalian bonds (if such exist at all), but there are plenty of markets to choose from. A chance of all of them crashing simultaneously is significantly lower. Why don't people include derivatives in their portfolios? Could be because these are mainly short-term, while most of the portfolios are being held for a significant amount of time thus capital and money markets are the key components. Derivatives are used to hedge these portfolios. As for the currencies - by having foreign stocks and bonds you are already exposed to FX risk so you, again, could be using it as a hedging instrument."}
{"_id": "384876", "title": "", "text": "Its entirely possible that the [skyrocketing cost](https://www.indybay.org/uploads/2013/03/01/800_2013_world_lng_prices.jpg) of natural gas due to the TTIP export deal may drive a lot of people out of the cities out to the country.   Since that space is valuable and at some point, they will probably no longer be able to afford to occupy it.  What do you think of Ronald Coase's work?"}
{"_id": "384878", "title": "", "text": "&gt;Yeah, you don't understand how this stuff works. The cost of changing banks is so high most people just grumble and eat it. It took a massive national campaign to switch to Credit Unions and still only 250K people did.   So you're saying free-market ideology is wrong?"}
{"_id": "384892", "title": "", "text": "\"The \"\"hold\"\" is just placeholder that prevents you from overspending until the transaction is settled. The merchant isn't \"\"holding\"\" your money, your bank or card provider is protecting itself from you overdrawing. In general, it takes 1-3 days for a credit transaction to settle. With a credit card, this usually isn't an issue, unless you have a very low credit line or other unusual things going on. With pre-paid and debit cards, it is an issue, since your spending power is contingent upon you having an available balance. I'm a contrarian on this topic, but I don't see any compelling reason to use debit or stored value cards, other than preventing yourself from overspending. I've answered a few other questions in detail in this area, if you're interested.\""}
{"_id": "384893", "title": "", "text": "The fact that you are choosing index fund means you are surely not one of those investors who can correctly judge dips. But buying on dips is still important. You can use a method called Dollar Value Averaging. It is better than Dollar Cost Averaging. Just make sure you apply a lower limit and an upper limit to be more predictable. Suppose you have 10000 to invest. Use limits like minimum 200 investment when index is high, maximum 600 investment when index is down and when index gives normal returns, invest 400. Do this for about 2 years. More than 2 years is not recommended. I myself use this method and benefit a lot."}
{"_id": "384897", "title": "", "text": "&gt; Also, who the hell is Phillip Greenspun?  Clearly you weren't a web geek back in the mid '90s ;-)  Philip Greenspun was a professor at MIT and photography enthusiast who built [photo.net](http://photo.net) (one of the first big database-backed web sites) by wiring together AOLServer, Oracle, and TCL. The pages were rendered through a combination of static HTML and database content pulled from Oracle. It included a bunch of excellent photography tutorials with dynamic Q&amp;A sections at the footer of each page along with online discussion forums. No big deal today, but this was shit-hot technology back then. He started a company to commercialize the technology, cashed in for a couple of million, and now writes about [early retirement](http://philip.greenspun.com/materialism/early-retirement/)."}
{"_id": "384903", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Falcon Heavy**](https://en.wikipedia.org/wiki/Falcon%20Heavy): [](#sfw)   ---  &gt;  &gt;__Falcon Heavy__ (FH), previously known as the __Falcon 9 Heavy__, is a [spaceflight](https://en.wikipedia.org/wiki/Spaceflight) [launch system](https://en.wikipedia.org/wiki/Launch_vehicle) being designed and manufactured by [SpaceX](https://en.wikipedia.org/wiki/SpaceX). The Falcon Heavy is a variant of the [Falcon 9 v1.1](https://en.wikipedia.org/wiki/Falcon_9_v1.1) launch vehicle and will consist of a standard Falcon\u00a09 rocket core, with two additional Falcon\u00a09 first stages as [strap-on boosters](https://en.wikipedia.org/wiki/Modular_rocket)  \u2013 this will increase the [low Earth orbit](https://en.wikipedia.org/wiki/Low_Earth_orbit) (LEO) payload to about 53 [tonnes](https://en.wikipedia.org/wiki/Tonne), compared to about 13 tonnes for a Falcon 9. The first launch is expected in 2015.   &gt;====  &gt;[**Image**](https://i.imgur.com/JZAOVJP.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:SpaceX_breaks_ground_at_Vandenberg_Air_Force_Base.jpg)  ---  ^Interesting: [^SpaceX ^reusable ^launch ^system ^development ^program](https://en.wikipedia.org/wiki/SpaceX_reusable_launch_system_development_program) ^| [^SpaceX](https://en.wikipedia.org/wiki/SpaceX) ^| [^Falcon ^9](https://en.wikipedia.org/wiki/Falcon_9) ^| [^Falcon ^9 ^v1.1](https://en.wikipedia.org/wiki/Falcon_9_v1.1)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjwbhnv) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjwbhnv)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "384919", "title": "", "text": "I had this in the 90s, when it was called Sega Channel. It was a big cartridge that went in the Genesis and plugged into your cable. Several dozen games a month came into the thing and the switched on the first of the month. I stayed up thinking it would swap at midnight because then it would technically be the next month. I never really considered it probably didn't switch until the morning when some guy came into work and switched it. I crashed around 4 am reseting the thing ever 10 minutes or so."}
{"_id": "384922", "title": "", "text": "\"This.  This is what a world class newspaper is supposed to do.  You get a story fitting perfectly into the current narrative of evil banks.  You don't swallow it for the headline value, instead you do the dirty detail work and try to get facts about all allegations, and you write up precisely what you found.  And if it contradicts the current mainstream narrative, then fuck it, facts trump sentiment, you rip apart the claims.    This is the best news article I've read online in a long time, and it makes me feeling I should donate quite some money to the NYT for being there and delivering such quality information for free on the net.    [Disclaimer:  Poster is not, and will never be, working for GS.  They **are** evil, but the \"\"revelation\"\" book apparently is mostly bullshit.]\""}
{"_id": "384924", "title": "", "text": "\"The first issue you'll find is that if you aren't going to immediately live in the house as a primary residence, this property counts as a \"\"second home\"\" or \"\"investment property\"\". You'll generally pay a higher interest rate, have a larger down payment, and qualify for less government-backed programs/incentives/subsidies than you would otherwise. The lending criteria on such properties is always more strict - and generally more costly - than an equivalent primary residence. Lenders won't really care that in 10 years you or your parents plan to move in - you can't be held to that, so they'll generally ignore that plan entirely. On a related note, you should be aware that insurance for the property will also generally cost more, but you'd need to get quotes to determine if that is at all significant in your situation. You'll need to talk with a few potential lenders, but from a first read it sounds like it would be best \"\"storied\"\" like so: you and your parents want to buy a 2nd home or vacation home, which you'll share the use of (vacations, etc, and being converted to a primary residence later). It'll need to be clear what plan to use the property for - if you intend to rent out the home in the interim years then instead make that clear and state it will be an investment home; if it is what you are planning it might make it easier, as expected rent for the property will be considered. Saying you want a mortgage for a home no one will live in for a decade probably isn't a good idea, as a general plan anyway. Either way, this can be called a \"\"joint mortgage\"\". When I was a loan officer we didn't use that term, but it's basically just a mortgage application with multiple people on it, all of whom are combined together to qualify for the loan. Everyone's income, debts, assets, and credit get included, which can work or one person's situation can cause the whole thing to collapse. From your description I think this could work for you, and one option is to set it up where only one of the parents is on the application if the other parent has problematic credit situation. Note that his possibility is often restricted by local law, so it may not be an option for you in your jurisdiction, but worth being aware of. An alternative is you just buy the property and the parents gift you the down payment, and you list them as beneficiaries in will/trust in case something happens to you before they retire, but I don't know if that would make any sense in your situation. This is a single applicant mortgage, and it means only you are considered as buying it, which sometimes is the only option depending on your parents current financial situation. It's usually something you try if the other option doesn't work, but it's a fallback plan. Some lenders will allow guarantors (co-signers in US parlance), but this will vary by lender and locale - often what they actually want is a joint mortgage, not really a guarantor/cosigner. Finally, you'll need to plan for what happens if things don't go as planned, regardless of what happens. What if your income changes, if either of your parents become deceased in advance of retirement, if they get a divorced from each other, or if either/both become ill or disabled and need assisted care? Planning for such unpleasant possibilities (even if they seem crazy and not going to happen in your mind right now) can save you all a tremendous amount of heart ache later on when the unexpected (including things I didn't mention) pops up.\""}
{"_id": "384944", "title": "", "text": "There's an unavoidable risk of defects in any complex factory-built piece of equipment, price and quality notwithstanding.  Which is also a great justification for an infinite mile drivetrain warranty.  The only reason other car companies don't offer such a thing is because consumers have never had any leverage to ask for it.  Tesla does it because they can."}
{"_id": "384954", "title": "", "text": "I think the next big industry will be professional type certifications for more things. Just like you have to pass an exam to be a lawyer (the bar) you'll eventually be able to prove effectiveness and knowledge in a ton of tech and non tech fields without having to have a degree"}
{"_id": "384968", "title": "", "text": "First of all, look for a savings account with a decent interest rate. Online banks are good at offering those, and you can transfer your money back and forth from the checking account with a couple of business days' delay. ING Direct offers 1.1% APY right now - lame, but much better than nearly-nothing. If you'd like a little nicer rate of return you should also consider putting some of the money (the part you need least) in a short- or intermediate-term bond ETF or mutual fund. You can sell them quite readily, they pay more interest than a savings account, and because of the shorter maturities involved the interest rate risk is limited. (That's the one that makes your bonds less valuable now because the rates went up after you bought them.) I have some NYSE:BIV that's yielding 3.8% or so."}
{"_id": "384979", "title": "", "text": "[This is a company's (TradingView.com) customer subscription levels.](https://i.imgur.com/1YIPzOn.gif)  Why do they charge a higher price when customers pay monthly? Monthly increases short term cash flow, right? Why do you think they make prices in such a way that it incentivizes customers to be billed every 2 years?"}
{"_id": "384980", "title": "", "text": "Go ahead and make the wages higher. You're not going to help these people, because the only reason they got hired was because they were a bargain. The first day Wal-Mart has to pay higher wages, they're going to start the process of letting go of most of their workers and rehiring."}
{"_id": "384983", "title": "", "text": "\"You mentioned three concepts: (1) trading (2) diversification (3) buy and hold.   Trading with any frequency is for people who want to manage their investments as a hobby or profession.  You do not seem to be in that category.  Diversification is a critical element of any investment strategy.  No matter what you do, you should be diversified.  All the way would be best (this means owning at least some of every asset out there).  The usual way to do this is to own a mutual or index fund.  Or several.  These funds own hundreds or thousands of stocks, so that buying the fund instantly diversifies you. Buy and hold is the only reasonable approach to a portfolio for someone who is not interested in spending a lot of time managing it.  There's no reason to think a buy-and-hold portfolio will underperform a typical traded portfolio, nor that the gains will come later.  It's the assets in the portfolio that determine how aggressive/risky it is, not the frequency with which it is traded. This isn't really a site for specific recommendations, but I'll provide a quick idea:  Buy a couple of index funds that cover the whole universe of investments.  Index funds have low expenses and are the cheapest/easiest way to diversify.  Buy a \"\"total stock market\"\" fund and a \"\"total bond fund\"\" in a ratio that you like.  If you want, also buy an \"\"international fund.\"\"  If you want specific tickers and ratios, another forum would be better(or just ask your broker or 401(k) provider).  The bogleheads forum is one that I respect where people are very happy to give and debate specific recommendations. At the end of the day, responsibly managing your investment portfolio is not rocket science and shouldn't occupy a lot of time or worry.  Just choose a few funds with low expenses that cover all the assets you are really interested in, put your money in them in a reasonable-ish ratio (no one knows that the best ratio is) and then forget about it.\""}
{"_id": "384989", "title": "", "text": "Interesting thought but I don't think it's going to play out like that. In city centers, you'll see a lot of automated cars, even mostly automated cars. But the suburbs and rural areas are still going to have plenty of gasoline vehicles with drivers for at least a few decades. There's too many interests propping up oil for them to just give up. EVs are and will continue to be more efficient but there's still capital costs involved. An old machine that's paid for will usually generate more profit than a financed new machine that's efficient."}
{"_id": "384991", "title": "", "text": "It's ultimately limited by how much debt people are good for, which is limited by the worth of labor.  You are correct, that the fractional reserve system does not limit how much money can be created, and with just that an no requirement for new debt to be good debt, infinite money could be created."}
{"_id": "384994", "title": "", "text": "\"Yes and No.  Almost everybody wants to own their own business. And they would gladly piss away an investor's money trying to make it happen. It's not just FUNDS that are required. I'm sure we both know some people that should not start a business of their own, no matter how it's financed.  One of the big barriers to starting a business is regulation. We all want products that are safe to use and produced responsibly, but if the regulations are such that only a handful of the largest companies are capable of compliance, then those companies can be assured they will never have any credible competition. Regulation is a very careful balancing act.  But your question wasn't \"\"What stops new businesses new businesses from forming?\"\" You asked what creates more business owners.  A lot of that is actually cultural. To be a business owner you have to have a lot of specific personality traits that most people don't have. You have to be motivated to work hard, passionate about what you want to do, organized enough to approach it consistently, analytical enough to create a solid business plan that makes sense, and rational enough to know when to quit if it's not working. Finally (and this is a big one) you have to be able to **sell** that passion to investors, prospective customers and your first employees. The best widget in the world won't sell if it's being marketed by someone who doesn't know how to market things.  What we need to do is find a way to provide consulting and resources to people who are developing those skills.\""}
{"_id": "384997", "title": "", "text": "To add to what you said, one critique of behavioral economics is that it only tears down, it doesn't build up. It is very adept at breaking down traditional economic arguments, but does a poor job replacing those prior arguments with predictive models."}
{"_id": "385013", "title": "", "text": "Yes and i told you that bitcoin could also be perceived as valuable too, like seashells did in the past.   Personally, i think bitcoin has value because it is a giant money laundering scheme. All the big players are investing into it because they need to funnel their drug money."}
{"_id": "385020", "title": "", "text": "True blue preferred shares are considered loose hybrids of credit and equity.  They are more senior than common equity in bankruptcy liquidation but pay out a dividend which is not mandatory. Financial institutions issue the bulk of genuine preferred shares because of their need for more flexibility than a bond but not so much that they can afford the cost to shareholders by diluting common equity. Since it is a credit-like security that receives none of the income from operations but merely pays out a potentially unpredictable yet fixed amount of income, it will perform much more like a bond, rising when interest rates fall and vice versa, and since interest rates do not move to the extent of common equity valuations, preferreds' price variances will correspond much more to bonds than common equities.  If the company stops paying the preferred dividend or looks to become in financial trouble, the price of the preferred share should be expected to fall. There are more modern preferred however.  It has now become popular to fund intermediate startups with convertible preferred shares.  Because these are derivatives based upon the common equity, they can be expected to be much more variant."}
{"_id": "385028", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://about.bnef.com/blog/henbest-energy-2040-faster-shift-clean-dynamic-distributed/) reduced by 94%. (I'm a bot) ***** &gt; Onshore wind costs fall fast, and offshore falls faster.  &gt; Around $6 trillion of new investment in wind and solar power between now and 2040 will reshape the world&amp;#039;s electricity markets as we move from a system where coal, gas and oil-fired power plants make up over 60% of capacity, to one where solar and wind are the two largest categories, and where fossil fuels make-up less than a third.  &gt; In Germany, new onshore wind and solar already appear to be cost-competitive with new coal and gas; in China today, coal is the lowest-cost, new-build electricity generation, but in 2019, onshore wind gets cheaper, then PV follows two years later; in the U.S., cheap natural gas makes it the lowest-cost source of new electricity right now, but by 2022-23 PV and wind both begin to beat it; and in India, new solar PV starts to look cheaper than new coal, across the country, from 2020.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kchsc/energy_to_2040_faster_shift_to_clean_dynamic/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155602 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wind**^#1 **New**^#2 **solar**^#3 **coal**^#4 **Gas**^#5\""}
{"_id": "385062", "title": "", "text": "It's not true that jobs have been shipped overseas. Most of the loss of labor intensive jobs has been due to improved automation. The growth of jobs outside the US has been to better support developing economies that have a demand for those goods. (And it's not efficient to build them here when the demand is in Asia or South America.) Production is generally up in US factories. It's just using less labor to do it."}
{"_id": "385071", "title": "", "text": "PCI requires that any Point of Sale is receiving patches &amp; security updates. XP has been end of life'd since 2014. Its close cousin, POSReady 2009, will be supported through April 2019. So if this XP system interacts in any way with cardholder data, it's almost certainly not PCI compliant unless Santander has some enterprise agreement to support XP past its end of life.  XP and 2009 don't support TLS 1.1 or TLS 1.2, which is going to be a big deal on July 1, 2018, when PCI mandates that TLS 1.0 is disallowed."}
{"_id": "385073", "title": "", "text": "It's whatever you decide. Taking money out of an S-Corp via distribution isn't a taxable event. Practically speaking, yes, you should make sure you have enough money to afford the distribution after paying your expenses, lest you have to put money back a few days later in to pay the phone bill. You might not want to distribute every penny of profit the moment you book it, either -- keeping some money in the business checking account is probably a good idea. If you have consistent cash flow you could distribute monthly or quarterly profits 30 or 60 days in arrears, for example, and then still have cash on hand for operations. Your net profit is reflected on the Schedule K for inclusion on your personal tax return. As an S-Corp, the profit is passed through to the shareholders and is taxable whether or not you actually distributed the money. You owe taxes on the profit reported on the Schedule K, not the amounts distributed. You really should get a tax accountant. Long-term, you'll save money by having your books set up correctly from the start rather than have to go back and fix any mistakes. Go to a Chamber of Commerce meeting or ask a colleague, trusted vendor, or customer for a recommendation."}
{"_id": "385074", "title": "", "text": "\"It's definitely annoying, but it's not necessarily false advertising. There is no rule or law that says they have to fix a pricing error at all, let alone within a certain period of time. Unfortunately they have no obligation to do business with you unless they take (and keep) your money. If they canceled the order and returned your money you have no binding agreement with them.  On top of that, in the US... 'misleading advertising' usually refers to \"\"Any advertising or promotion that misrepresents the nature, characteristics, qualities or geographic origin of goods, services or commercial activities\"\" (Lanham Act, 15 U.S.C.A. \u00a7 1125(a)). The main criteria that they evaluate before taking legal action is whether or not someone has suffered harm or loss due to the reliance on the bad information. But you're in Europe. The EU ideas behind misleading advertising tend to focus a lot more on comparing one product to someone else's and making subjective claims or false promises. Pricing does come up, but still, you need to have an ability to prove that you suffered harm or a loss from the business' actions.  Even if you were able to prove that, to force the business to change its price catalog, you would need to go through legal proceedings, demonstrate the harm that you've sustained, and then have a judge decide in your favor and order the supplier to comply. My guess is that it's just not worth it for you, but you haven't specified if this is just an annoying shoe-shopping experience or if you are regularly experiencing bait-and-switch tactics from a supplier that is a crucial part of a business operation.  If it's the former, just like a physical shop reserves the right to kick you out if you're not behaving, (but usually doesn't because they'd like to keep you as a customer), an online shop can update its prices whenever they like. They can change their prices too, and cancel orders.  If it's the latter, then start putting together some documentation on how many times this has happened and how it has damaged your business. But before you get on the warpath I would recommend you look for another place to buy whatever you have in mind, or else try a pound of sugar in your approach to this supplier... My own business experience has shown that can go a lot way in figuring out a mutually beneficial resolution. If you want to see a bit more...  Here is the EU Justice Commission's website on false advertising, Here is a PDF leaflet from the UK Office of Fair Trading that spells out what is explicitly not allowed from a business by way of advertising & business practices.\""}
{"_id": "385078", "title": "", "text": "I have recently been the lender to a couple people. It was substantially less money (~$3k), but I was trusting their good faith to pay me back. As a lender, I will never do it again. Reasons, Overall, not worth it."}
{"_id": "385080", "title": "", "text": "\"A good answer to the question really depends on where you want to live, ultimately. Where you want to live pretty much dictates your investment priorities. If you want to invest in \"\"terrain\"\" so you can build a house next to all the \"\"cool,\"\" people in Guayaquil that should be your first priority. Your new wife may have an opinion on that matter, you should consult her. In real life, most people are less concerned about their absolute level of wealth than with \"\"keeping up\"\" with their friends, or other reference group. If you don't buy the \"\"terrain,\"\" the danger is that in five years, it may go up three, four, five times and be out of your reach, even if your other investments do well on the absolute standard.  While it's fairly easy to invest the equivalent of $250K in Ecuadorian land, it's hard to invest that much in Ecuadorian stocks. If you want to buy stocks with that kind of money, it will be U.S., European, or maybe other Latin American, e.g., Brazilian stocks. That kind of asset allocation would tell me that you are thinking of leaving your country at some point. If you're \"\"undecided,\"\" a sensible allocation might be 50-50. But in any event, first decide how you want to live your life, then adopt the investment strategy that best supports that life.\""}
{"_id": "385086", "title": "", "text": "\"This was a huge question for me when I graduated high school, should I buy a new or a used car? I opted for buying used. I purchased three cars in the span of 5 years the first two were used. First one was $1500, Honda, reliable for one year than problem after problem made it not worth it to keep. Second car was $2800, Subaru, had no problems for 18 months, then problems started around 130k miles, Headgasket $1800 fix, Fixed it and it still burnt oil. I stopped buying old clunkers after that. Finally I bought a Nissan Sentra for $5500, 30,000 miles, private owner. Over 5 years I found that the difference between your \"\"typical\"\" car for $1500 and the \"\"typical\"\" car you can buy for $5500 is actually a pretty big difference.  Things to look for: Low mileage, one owner, recent repairs, search google known issues for the make and model based on the mileage of the car your reviewing, receipts, clean interior, buying from a private owner, getting a deal where they throw in winter tires for free so you already have a set are all things to look for. With that said, buying new is expensive for more than just the ticket price of the car. If you take a loan out you will also need to take out full insurance in order for the bank to loan you the car. This adds a LOT to the price of the car monthly. Depending on your views of insurance and how much you're willing to risk, buying your car outright should be a cheaper alternative over all than buying new. Save save save! Its very probably that the hassles of repair and surprise break downs will frustrate you enough to buy new or newer at some point. But like the previous response said, you worked hard to stay out of debt. I'd say save another grand, buy a decent car for $3000 and continue your wise spending habits! Try to sell your cars for more than you bought them for, look for good deals, buy and sell, work your way up to a newer more reliable car. Good luck.\""}
{"_id": "385090", "title": "", "text": "The right answer to this question really depends on the size of the transfer.  For larger transfers ($10k and up) the exchange rate is the dominant factor, and you will get the best rates from Interactive Brokers (IB) as noted by Paul above, or OANDA (listed by user6714). Under $10k, CurrencyFair is probably your best bet; while the rates are not quite as good as IB or OANDA, they are much better than the banks, and the transaction fees are less.  If you don't need to exchange the currency immediately, you can put in your own bids and potentially get better rates from other CurrencyFair users. Below $1000, XE Trade (also listed by user6714) has exchange rates that are almost as good, but also offers EFT transfers in and out, which will save you wire transfer fees from your bank to send or receive money to/from your currency broker.  The bank wire transfer fees in the US can be $10-$30 (outgoing wires on the higher end) so for smaller transfers this is a significant consideration you need to look into; if you are receiving money in US, ING Direct and many brokerage accounts don't charge for incoming wires - but unless you have a commercial bank account with high balances, expect to spend $10-$20 minimum for outgoing.  European wire transfer fees are minimal or zero in most cases, making CurrencyFair more appealing if the money stays in Europe. Below $100, it's rarely worth the effort to use any of the above services; use PayPal or MoneyBookers, whatever is easiest. Update:  As of December 2013, CurrencyFair is temporarily suspending operations for US residents: Following our initial assessment of regulatory changes in the United States, including changes arising from the Dodd-Frank Act, CurrencyFair will temporarily withdraw services for US residents while we consider these requirements and how they impact our business model.  This was a difficult and very regretful decision but we are confident we will be able to resume services in the future. The exact date of re-activation has not yet been determined and may take some time. We appreciate your patience and will continue communicating our status and expected return."}
{"_id": "385095", "title": "", "text": "\"I primarily intend to add on to WBT's answer, which is good. It has been shown that \"\"momentum\"\" is a very real, tangible factor in stock returns. Stocks that have done well tend to keep doing well; stocks that are doing poorly tend to keep doing poorly. For a long-term value investor, of course fundamental valuation should be your first thing to look at - but as long as you're comfortable with the company's price as compared to its value, you should absolutely hang onto it if it's been going up. The old saying on Wall Street is \"\"Cut your losses, and let your winners ride.\"\" As WBT said, there may be some tangible emotional benefit to marking your win while you're ahead and not risking that it tanks, but I'd say the odds are in your favor. If an undervalued company starts rising in stock price, maybe that means the market is starting to recognize it for the deal it is. Hang onto it and enjoy the fruits of your research.\""}
{"_id": "385102", "title": "", "text": "Let's define better the situation and then analyze it: Start with: End with: Process: So B has the same amount of money, just in a different bank account, but A and C changed states. A now doesn't have money, and C does, as the result of the transaction between A, B and C. The gift tax issue I see is the transfer of money from A (you) to C (your brother). If you're a US tax resident then you have $14K exemption from gift tax per person per year. \u00a320K is more than that, so it will be subject to the tax. The fact that a third person was involved as an intermediary is irrelevant - for the purpose of gift tax there's no distinction between using a bank for transfers or a private party. Keep in mind that paying tuition directly to the institution on behalf of your brother may help you mitigate your gift tax liability - tuition payment made on behalf of your brother is exempt from gift tax. But it has to be made directly to the institution, it cannot pass through your brother."}
{"_id": "385121", "title": "", "text": "\"Books would be considered Personal-Use Property according to Canada's income tax laws.  The most detailed IT I was able to find is IT-332R, which says: GAINS AND LOSSES 3. A gain on the disposition of personal-use property is normally a capital gain within the meaning of paragraph 39(1)(a). Where the property is a principal residence, the gain > is computed under paragraph 40(2)(b) or (c). 4. Under subparagraph 40(2)(g)(iii), a loss on a disposition of personal-use property, other than listed personal property, is deemed to be nil. [...] This part of the bulletin indicates that a gain might be considered a capital gain - not income.  However, you don't get to book a loss as a capital loss.  This is the first hint that your book sale - which is actually an exempt capital loss - shouldn't go on your tax return unless it's one of the \"\"listed\"\" items: LISTED PERSONAL PROPERTY 7. Listed personal property is defined in paragraph 54(e) to mean personal-use property that is all or any portion of, or any interest in or right to, any (a) print, etching, drawing, painting, sculpture, or other similar work of art, (b) jewellery, (c) rare folio, rare manuscript, or rare book, (d) stamp, or (e) coin. So unless you're selling rare books, the disposition (sale) of them is essentially exempt as income, regardless of whether you sold it at a profit or at a loss.  If it is rare, then you might be able to consider it a capital loss, which doesn't help you much unless you had other capital gains, but you can carry over capital losses to future years. There's also a newer IT related to hobbies and \"\"collecting\"\" items, IT-334R2.  This one says: 11. In order for any activity or pursuit to be regarded as a source of income, there must be a reasonable expectation of profit. Where such an expectation does not exist (as is the case with most hobbies), neither amounts received nor expenses incurred are included in the income computation for tax purposes and any excess of expenses over receipts is a personal or living expense, the deduction of which is denied by paragraph 18(1)(h). On the other hand, if the hobby or pastime results in receipts of revenue in excess of expenses, that fact is a strong indication that the hobby is a venture with an expectation of profit; if so, the net income may be taxable as income from a business. The current version of IT-504, Visual Artists and Writers, discusses the concept of \"\"a reasonable expectation of profit\"\" in greater detail. Where a hobby consists of collecting personal-use property or listed personal property, dispositions should be accounted for as described in the current version of IT-332, Personal-Use Property. (emphasis mine) In other words, if it's not the type of thing where you'd make a tax deduction when you bought it in the first place, then you clearly don't need to report it as income when you sell it. Just to be absolutely clear here: The fact that you are selling them at a loss is not actually what's important here. What's important is that, if the books aren't collectibles, then you would have had no expectation of profit.  If you did have that expectation then you could have made a tax deduction when you first purchased them. So in this case, it is probably not necessary for you to report the income; however, for the benefit of other readers, in some cases you might need to report it under \"\"other income\"\" or book it as a capital gain/loss, depending on what those personal items are and whether or not you made a net profit.\""}
{"_id": "385130", "title": "", "text": "The purpose is to be a racket. Assuming you're in the same tax bracket, you pay exactly as much tax later as you would now. If you're in a higher bracket, you pay more! And even if you pay less (assuming they don't change tax law before you retire) you give up direct control of your assets in exchange for a promise which may not be honored."}
{"_id": "385139", "title": "", "text": "If you take the statement you quote as stated, it is indeed absurd. Unless you have a really creative tax accountant or live in a country with very unusual tax laws, any tax deduction you get for mortgage interest is going to be less than the interest. You don't come out ahead by getting a $25 deduction if you had a $100 expense to get that deduction. Where there can be some sense behind such a statement is if you consider the alternative to paying cash for a house or making extra payments against a mortgage. If you had $100,000 in cash in a box under your bed, and the choice is between, (a) use that $100,000 to buy a house in cash, or (b) borrow $100,000 at 6% interest and leave that cash in the box under the bed, than clearly (a) is the better choice because it saves you the interest expense. But if the choice is between, (a) buy a house for $100,000 in cash and borrow $100,000 at 6% to buy a car; or (b) borrow $100,000 at 6% interest to buy a house and use the $100,000 cash to buy the car, (b) is the better choice. The home mortgage loan is tax deductible; the car loan is not. As others have pointed out, if instead of using some extra cash to pay down the principle on your mortgage you used that money to invest in the stock market, it is likely that you would get better returns on the investment than what you would have saved in interest on the mortgage -- depending, of course, on how the market is doing and how well you pick stocks. But the key issue there isn't the tax deduction, it's the comparison of the profits from the investment versus the opportunity cost of the money that could have been saved on the mortgage interest. The tax deduction affects that comparison by effectively reducing the interest rate on the mortgage -- your real interest expense is the nominal interest minus the deduction -- but that's not the key point, just another number to plug in to the formula. By the way, given the complexity of U.S. tax law, I would not rule out the possibility that there could be some scenario where you really would save money by having mortgage interest. There are lots of deductions and credits that are phased out or eliminated as your income goes up. Perhaps you could find some set of tax laws that apply to you such that having an additional $1000 in interest expense lets you take a $300 deduction here and a $500 credit there, etc, and they add up to more than $1000. I don't know if that could actually happen, but the rules are complicated enough that, maybe. Any tax accountants here who can come up with such a scenario?"}
{"_id": "385143", "title": "", "text": "I was responding to your assertion that there were not mass firings among the big banks. Since 2008, Wall Street has shrunken considerably, accounting for nearly 500,000 losses as of April (According to an analyst of the Labor Department data) and banks continue to shed its workforce in an effort to get lean.  I work for one of 'the big 4'b so I can attest that it is an unpleasant environment.  I can't compare it to the entire workforce, but I can tell you that you are absolutely wrong that there have not been mass firings."}
{"_id": "385145", "title": "", "text": "Response from a good Tampa flooring company to a lot of these inquiries could usually help you come to conclusion. When you do this straightforward research, it can benefit you in the long term because you don't have to come across an awkward circumstance. For example, you could repent for having made a wrong option and this could have also resulted in the loss of massive part of your hard generated income. Nevertheless, flooring is considered to be an important component in home decoration. Factors such as the shade of your unique furniture, various kinds and construct from your home design products, products to be used in lots of home design products, etc. would certainly depend on to a terrific degree on the selection of a particular type of flooring."}
{"_id": "385162", "title": "", "text": "McDonalds here in Norway is shitty and expensive. The food makes me feel sick; the burgers are like slime. The only thing I sometimes buy there is their cheap coffee when I'm on the run..  Small, unknown kiosks, cafes etc. selling burgers, pizza and/or Chinese/Asian type food are much better and cheaper."}
{"_id": "385170", "title": "", "text": "\"Not true.  Replace \"\"Ivy League\"\" with \"\"target school,\"\" and you'll be far more accurate.  When I started my BB front-office job, I had gone to a target school but not an Ivy League.  Two other classmates attended target schools in the south, but far from Ivy league.  One of those two is now one of Goldman's youngest partners.  PS Don't count on starting in the back office and moving up - it's about as common as a blue lobster.\""}
{"_id": "385171", "title": "", "text": "\"Okay. Let me elaborate. The statement from Uganda is perfectly sound because while they aspire to improve in certain areas that Spain has at this point an advantage, they are not \"\"Spanish\"\" qualities. One cannot define development indicators as Spanish qualities. You might as well bring up the football scores. Uganda has a unique cultural and ethnical identity and Ugandans can want to improve their quality of life and industrial potential without wanting to be in the slightest bit like Spain.  This is also discussing specific economic performance in recent years. Uganda is in the middle of a boom so if you take that to logical conclusion, the statement can be said to have additional meaning. Spain's principal problem was over-extention of sovereign debt. Uganda perhaps wants to avoid giving off the impression that they are at all like Spain given that there may already be rumors of similar scenarios in Uganda's future economy. Their exchange went up 5% in one day yesterday. 10x higher than any of their neighbors in East and South Africa. Who knows.... personally I think it was just a fucking joke and he put in a good counter-shot at what was a needless international stab at a country that's picking itself up by it's bootstraps slowly but surely.\""}
{"_id": "385177", "title": "", "text": "There could also be some degree of dilution at play here. If they are rapidly expanding and hiring, or if they took on another round of funding each share may have a lower amount of value though the company might be worth more than they were previously. The newly issued options may also be of a different class."}
{"_id": "385182", "title": "", "text": "Since you have presumably now been living here for six months you may already have discovered that Australian banks charge a transaction fee whether the funds are deposited from overseas by check/cheque or telegraphically. I have an account with Bank of America and used to be able to draw funds from Australian bank Westpac via their ATMs without incurring a fee, because BofA and Westpac are both members of a Global ATM Alliance that did not charge fees to each others customers. But now they have initiated a new policy, and take 3% of every sum withdrawn. Not quite usury, but in the same ballpark. I'm now investigating the possibility of opening a Schwab or a Capital One account in the US, and using one of their credit cards, which, I believe, would allow withdrawals at Australian ATMs for no fee. If you find or have found a good answer to your dilemma I hope you will share it."}
{"_id": "385184", "title": "", "text": "My tuktuk driver in Siem Reap had a cooler full of iced water bottles and it was awesome after several hours of temple exploring. I noticed that most drivers didn\u2019t have coolers. I made sure to tip mine extra."}
{"_id": "385195", "title": "", "text": "\u201cVirtual assistants\u201d, the word which has brought a phenomenal change in the online business industry. Most of the industries are using them to outsource tasks to make their work easier and faster. With these employees, there is no headache of paying anything extra like insurance, vacations, sick days and more."}
{"_id": "385208", "title": "", "text": "Decided to check out your trolling of the MRAs for a laugh, but that's probably not a very good example of trolling. Looks like they just started trolling you back. Your comments got deleted though, so I guess it's a semi-success?"}
{"_id": "385220", "title": "", "text": "\"Being \"\"long\"\" - expecting the price to go up to make a profit - is a two step process:  1) buy 2) sell Being \"\"short\"\" - expecting the price to go down to make a profit - is a 5 step process:  1) borrow someone else's asset 2) sell their asset on the open market to somebody else a third party 3) pocket the proceeds of the sell for your own account 4) buy an identical asset for a cheaper price 5) return this identical asset to the person that let you borrow their asset if this is successful you keep the difference between 3) and 4)\""}
{"_id": "385221", "title": "", "text": "As the name says, its for income earned in a Foreign country. If you have been paying US income tax on this while living in the US, nothing is going to change here. You should be informing yourself on how to avoid double taxation in your new country of residence. Passive income earned abroad (dividends, interest) also do not fall under this exemption.  The purpose of the Foreign Earned Income Exclusion is to make it easy for expats who work abroad to avoid double income taxation without going through the complicated process of applying for tax credits. The US is the only industrial country that taxes its residents regardless of where they reside. That is also why it only goes to about $100,000 a year. If you are a high earner, they want to make it more difficult. Also as a side note, since you are going to be abroad for a year. I will point out that if you have more than $10,000 in foreign accounts at any point in the year you need to declare this in an FBAR form. This is not advertised as well as it should be and carries ridiculous penalties for non-compliance. I can't count the number of times I have heard a US expat say that they were unaware of this."}
{"_id": "385231", "title": "", "text": "From an India gift-tax point of view, you can receive unlimited funds from close relatives. So if you are getting this from your Father's Brother or Mother's Brother; then it is not taxable. It is a good idea to document this if the amount is large. It serves as record for future. This can be a simple piece of paper or something that's type on Notarized document."}
{"_id": "385236", "title": "", "text": "\"You, Sir, have no idea what is going on here in Hong Kong. It is amusing to hear American Apple fans proclaim so confidently that \"\"Apple knows\"\". At least Asian Apple fans have the numbers against them so they shut the fuck up with the pronouncements about divine insight by the one true phone-maker.\""}
{"_id": "385237", "title": "", "text": "It will depend on credit they are offering you during the period being covered. A gas station locks up what they expect is the maximum transaction for most people. When the prices of gas spikes some people have the pump turn off before the tank is filled, therefore they need to use a 2nd card to complete the purchase. Before you arrive at a hotel they lockup the cost of one night in the hotel, that way they still sell the room for one night if you never show. While you are there they lockup the cost of what you could owe them. This would include the cost of the room, and average room service or bar service.  For a car rental, it would be based on the risk they perceive. They don't want to try and collect against a card you gave them when you reserved the car, or when you picked up the car, only to find that you have gone over the limit.  Some online systems will let you see what is pending against your card. Others could provide that information to you over the phone."}
{"_id": "385246", "title": "", "text": "My understanding of this would be that this is for the portion of the subsidiary which they do not own. In other words they record 100% of the subsidiary on their books and then make this entry to account for the % which another company has a minority interest in."}
{"_id": "385251", "title": "", "text": "I would not recommend borrowing your 401(k) money to buy a house for two reasons: When you borrow money from your 401(k), it is no longer invested. Yes, you pay yourself interest, but you miss out on the investment gains for the life of the loan.  If you leave your job, the loan is due in full shortly thereafter. If you do not pay it back, you are hit with taxes and penalties.  If I were you, I would roll it over into an IRA for the reasons you mentioned."}
{"_id": "385268", "title": "", "text": "Wow that's new and exciting. But I think that humans have that potential to bring out something that uniquely is their own in whatever they are making.   Yes armies of man and women working routine jobs will eventually be replaced by software or robots. I guess then those people will need to use creativity or learn new skills and adapt to what is needed. Probably new trends and new needs and new problems and opportunities will emerge. I doubt that automatic future is so very close. It's more like specific in some areas of business models, but not overall phenomenon that will change world to be unreconizable, at least not so soon."}
{"_id": "385289", "title": "", "text": "\"Automation is an admirable goal, but I don't think we're going to see a world where there's no menial labor for a very long time.  Coupled with that, there's pretty much no real way to look at a menial-style job and say, \"\"That deserves $15 an hour.\"\"    The two reasons above combine and make a strong argument for something like a basic income or _drastically_ expanded welfare and safety net programs.    A further failing of the \"\"retrain everyone\"\" approach is assuming that everyone _can_ be retrained.  There are, simply put, people that exist -- and will always exist -- that cannot do non-menial work, for a myriad of reasons.\""}
{"_id": "385296", "title": "", "text": "Yeah, I suppose I mean that a lot of people were pushed into going into college with no idea of what they actually want to study, and ended up with a bachelor's in English Lit and a minor in Theology. Lovely people to enjoy a conversation with, but there is no way in hell they'll be able to pay their tuition without inhuman hardship."}
{"_id": "385301", "title": "", "text": "\"Generally, it would be an accountant. Specifically in the case of very \"\"private\"\" (or unorganized, which is even worse) person - forensic accountant. Since there's no will - it will probably require a lawyer as well to gain access to all the accounts the accountant discovers. I would start with a good estate attorney, who in turn will hire a forensic accountant to trace the accounts.\""}
{"_id": "385310", "title": "", "text": "Let me restate question for clarity. Facts: Question: Are there any taxes for this transaction? Answer: (Added improvements provided by Eric) Generally No. Generally, it is not considered income until you sell and the sale price is greater than the purchase price. But with currency differences, there is an additional complication, section 988 rules apply. It could result in ordinary income or loss."}
{"_id": "385320", "title": "", "text": "I do NOT know the full answer but I know here are some important factors that you need to consider : Do you have a physical location in the United States? Are you working directly from Canada? With a office/business location in the United States your tax obligation to the US is much higher. Most likely you will owe some to the state in which your business is located in Payroll Tax : your employer will likely want to look into Payroll tax, because in most states the payroll tax threshold is very low, they will need to file payroll tax on their full-time, part-time employees, as well as contractor soon as the total amount in a fiscal year exceeds the threshold Related to No.1 do you have a social security number and are you legally entitled to working in the States as an individual. You will be receiving the appropriate forms and tax withholding info Related to No.3 if you don't have that already, you may want to look into how to obtain permissions to conduct business within the United States. Technically, you are a one person consulting service provider. You may need to register with a particular state to obtain the permit. The agency will also be able to provide you with ample tax documentations.  Chances are you will really need to piece together multiple information from various sources to resolve this one as the situation is specific. To start, look into consulting service / contractor work permit and tax info for the state your client is located in. Work from state level up to kick start your research then research federal level, which can be more complex as it is technically international business service for Canada-US"}
{"_id": "385343", "title": "", "text": "\"How would having a 20% down payment change the conversation for you?  And who are you looking to get a mortgage from?  If you go to a local community bank or credit union, you might have a better chance explaining your situation and having them take that into account rather than going to one of the mega-banks (Bank of America, Chase, Wells Fargo, etc) who may only look at your FICO score when making a lending decision. The thing to keep in mind is \"\"how much of a risk are you to the lending institution?\"\"  If you have a strong down payment 15% to 20%, you will be a much better candidate.  Bear in mind, anything less than 20% down will require PMI (Private Mortgage Insurance, which I think runs a certain dollar amount per $1k you have borrowed).  If you have a strong downpayment, and the only debts you have are your student loans (which will be paid off in five years anyway), then you are far less risky than someone in a similar situation with more debt.\""}
{"_id": "385344", "title": "", "text": "Chase has a limit of $500,000 per day.  A banker should be able to help you determine any immediate tax liabilities that will arise as a direct result of the transaction.  You may wish to consult with a tax professional about any indirect implications the transfer may have.   This transaction will be reported to the government but assuming that you are not involved in any illegitimate activities the likelihood of the US government taking any action on the notice is incredibly low.  I have heard of 7 and 14 day holds being placed on out of character transfers but if you are buying property you should work with your bank to help facilitate.  Bankers understand the business and can help you avoid any appearances of impropriety that the government flags. Should your account be flagged, I would retain a lawyer immediately.  If you feel you have a reason to be concerned, then I would contact a lawyer in the US and Thailand before initiating the transfer.  As they say an ounce of prevention is worth a pound of cure."}
{"_id": "385359", "title": "", "text": "Getting home alterations Sydney is a serious thing and no matter how much we avoid, at some point of time, we\u2019ll come across the necessity of the experts.You should always look to hire a home alterations Sydney company that accepts your plan and skimp upon imposing their plan."}
{"_id": "385427", "title": "", "text": "In addition to the SELL rate on the statement transaction day, currency conversion fees of 0 - 3% is applied, depending on the card issuing bank."}
{"_id": "385442", "title": "", "text": "Arguably the money made or lost on the particular stock in question wouldn't have happened without the story. The AIs are just taking advantage of market conditions caused by the story. The person who planted the story bought the stock prior to the story being dropped and sold before the stock dropped back down, which is illegal."}
{"_id": "385449", "title": "", "text": "When shopping Adriana Fine Jewelry, you should consider important things of necklaces. The gold jewelry gives a natural beauty and excellent feel to both men and women. The jewelers are also available in the online to reduce the stress of the celebration. Jewelry is an amazing way to express your spirit and style in any occasion.  In the shop, you find different combinations of necklaces are there. Generally, many options which look you glamorous on the special event.  For baby earrings, you can see lots of items with exclusive designs. All materials are created with various ornaments to give stunning look to the person."}
{"_id": "385468", "title": "", "text": "I've been using Tick at work now for several months and have really enjoyed it.  It's got a nice, simple interface with good time-budgeting and multi-user/project features.  It can be used on several platforms, too (website, desktop widgets, and phone apps)."}
{"_id": "385474", "title": "", "text": "\"They are overpriced to begin with.  One reason is the fact that they are luxury cars.  A second, related reason, is that they tend to push the technology envelope.   All cars depreciate drastically the minute they are driven off the lot.  This a good argument for buying a car that is 1-2 years old.  The higher you are, the more you can fall.   Repairs and maintenance are typically still expensive on these cars, due to relative rarity and the lack of necessary expertise.  Here is where that advanced technology bites you.  This is a reason that a 5 year old Civic may be worth more than than a 10 year old Benz.  It may simply not be worth the hassle of maintaining/repairing a luxury car.  This is especially true for an aging luxury car.  There are some people that only buy domestic, precisely because of the maintenance costs.  Also, a 10 year old car is still a 10 year old car, regardless of the make.  (There are a few notable exceptions, like the NSX.) Hondas and Toyotas have a great reputation for reliability and (long-term) total cost of ownership. \"\"Better\"\" is a subjective issue, that depends on a variety of variables.  A Civic is certainly not better in terms of technology, comfort, etc.  But, it is likely better in terms of maintenance, reliability, etc.  Which \"\"better\"\" you focus on, is up to you.\""}
{"_id": "385483", "title": "", "text": "We are still leading in things directly related to war technology like: nuclear, rockets, jet engines...  We also are leaders in advanced healthcare techniques.  Certainly not from a cost standpoint, but we set the bar for all treatment protocols except for stem cells."}
{"_id": "385484", "title": "", "text": "\"Open a personal account to link SQUARE with,  open a savings account with same bank.  Register as \"\"PERSONAL USE\"\",  make as many transactions you want for whatever you want $5.00 to $1,000.00 or more, you get paid, square collects a fee. Money is in your \"\"personal account\"\" in 24 hrs, transfer it to your savings acct.  2 years now no issue.   I've done the EIN, vendors license, registering business crap, if you work for yourself for private citizens it's none of anyone else's concern.\""}
{"_id": "385492", "title": "", "text": "\"It's no secret. Clinton absorbed that shit from Quigley, one of his profs;  \"\"The chief problem of American political life for a long time has been how to make the two Congressional parties more national and international. The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can \u201cthrow the rascals out\u201d at any election without leading to any profound or extensive shifts in policy \u2026 [E]ither party in office becomes in time corrupt, tired, unenterprising, and vigorless. Then it should be possible to replace it, every four years if necessary, by the other party, which will be none of those things but will still pursue, with new vigor, approximately the same basic policies.\"\" - From [\"\"Tragedy and Hope\"\"](http://www.amazon.com/Tragedy-Hope-History-World-Time/dp/094500110X/ref=sr_1_1?ie=UTF8&amp;qid=1406997077&amp;sr=8-1&amp;keywords=trajedy+and+hope)\""}
{"_id": "385506", "title": "", "text": "A loan is most generally a liability, a part of the balance sheet.  Expenses & income are part of the income statement.  Income is the net of revenues after expenses. The interest is an expense on the income statement, but the loan itself does not reside there unless if it is defaulted and forgiven.  Then it would become a revenue or contra-expense, depending on the methodology. The original purpose of the income statement is to show the net inflows of short term operational accruals which would exclude new borrowing and repaid loans. The cash flow statement will better show each cash event such as borrowing debt, repaying debt, or paying off a bill. To show how a loan may have funded a bill, which in theory it directly did not because an entity, be it a person or business, is like a single tank of water with multiple pipes filling and multiple pipes extracting, so it is impossible to know which exact inflow funded which exact outflow unless if there is only one inflow per period and one outflow per the same period. That being said, with a cash flow statement, the new loan will show a cash inflow when booked under the financing portion, and paying a bill will show a cash outflow when booked under the operating portion.  With only those two transactions booked and an empty balance sheet beforehand, it could be determined that a new loan funded a bill payment."}
{"_id": "385514", "title": "", "text": "Income tax was seen as a way to exploit the revenues available from the rapidly expanding ranks of people with mid to high incomes. It was initially targeted at the very wealthy. Previously, most Federal revenues came from excise taxes and tariffs, both of which have many negative economic effects, leave the government with limited revenue generating ability and bring a host of international and domestic political problems.  Since the successful implementation of the income tax required a constitutional amendment, it is very unlikely that anyone at the time seriously considered the income tax a temporary measure."}
{"_id": "385529", "title": "", "text": "Generally the fees are anywhere between 0.5 and 2%. Different banks have different fees. Generally these days competition ensures that the fees are nil. It is disappointing that you were misled. File a written/email complaint. Generally the response to such things is good. Home loan insurance is not mandatory by RBI. Quite a few banks ask for it as it's their policy. In the case of SBI it's more about cross selling their products."}
{"_id": "385544", "title": "", "text": "\"The problem with putting things back where you found them is that the things are a different shape now. You also have a responsibility to make sure you haven't made changes to the water table that would make putting things back a now larger, man-made problem (as opposed to a more minor natural issue).  The issue with PV is really more NIMBY related than anything else. The \"\"rare earth\"\" materials needed aren't really rare, but they are *extremely* dirty to process into a usable state, which is why most of the facilities are in China.\""}
{"_id": "385574", "title": "", "text": "Compared to most other corporate jobs it would be considered harsh. It also depends what product you were trading. Some quant structured products trader could probably get away with being a little quiet but forget about it if you want to enter commodities."}
{"_id": "385592", "title": "", "text": "I mean, I don't understand how anyone actually believed that. Firstly, he largely doesn't have that power as president, and secondly, the man is, and always has been, pro-business rather than pro-consumer. If you seriously thought that a billionaire genuinely cared about your middle-American plight, I really don't know what to tell you."}
{"_id": "385600", "title": "", "text": "For some ideas on investing priority guidelines, see Oversimplify it for me: the correct order of investing. Congratulations on being debt free!  My advice to you is to do what you can to remain debt free. You could certainly invest the money; it will earn much more over the long-term in a stock mutual fund than it would left in a savings account.  However, if you need any of this money in the next few years, it would be a shame if it lost money in the short-term. How much do you need to finish grad school?  Don't invest that money in the stock market, because you will need it over the next few years. Likewise, think about other expenses that are coming up.  Will your car need to be replaced in the next couple of years?  Will you have enough income to meet your living expenses while you are in grad school, or will you need some of this to money to help with that?   Finally, it would be good to keep some extra as an emergency fund, so you can easily pay for any unexpected expenses that come up. If you can make it through grad school debt free, you will be much better off than if you invest all the money but take out student loans in the process. After you've accounted for all of that, whatever is left of the money could definitely be invested.  If your goal is to start a retirement fund, an index mutual fund invested inside a Roth IRA is a great place to start."}
{"_id": "385658", "title": "", "text": "\"This answer assumes (based partly on your commants and some simplifying assumptions) As I see it you have a few options. Get a mortgage to buy your sister out. This avoids any ongoing involvement of your sister which may or may not be a good thing. It means you will be paying interest to a bank (or similar financial institution). Make an arrangement to buy the house in installments, possiblly in combination with some kind of rent. Likely to be a complex option to set up. Buy the house using a loan from your sister. potentially agree a \"\"private mortgage\"\" to protect your sister in the event you fail to pay. If interest is paid then it is likely to attract tax. Simply pay your sister rent, let her keep ownership of her half of the house either forever or until you have saved up the cash to buy her out. Rent is likely to attract tax. Whatever option you go with I would reccomend you get proffesional advice on any local legal/tax issues and drawing up the contracts. If you do go into an arrangement that keeps your sister involved make sure you discuss the what-ifs upfront and build them into your agreement. If you can't/won't pay what happens? can she insist that the house is sold and the proceeds split in some way? can she rent our her half of the house to someone else?\""}
{"_id": "385669", "title": "", "text": "\"It can mean either. When A owes B money, then A is in debit with B and B is in credit with A. What the (Credit) means in this case depends on whether it is meant from the perspective of the utilities company or meant from the perspective of the customer. When the UI is user-friendly, it should describe the situation from the customer perspective which would mean you have credit with the company, but in that case the button \"\"Pay now\"\" would be really confusing (should be something like \"\"Request refund now\"\"). A case of bad UI design. You should use the provided \"\"contact us\"\" link to ask a customer representative for a clarification.\""}
{"_id": "385675", "title": "", "text": "Wow that's awesome that you drive in such a luxurious model. I've got a 2002 Toyota Camry (albeit less miles). In all seriousness, everytime I think about getting a new car, there's just nothing really wrong with the Camry."}
{"_id": "385692", "title": "", "text": "\"The real betrayal is that the so-called education system can't be bothered to teach people anything useful.   I had a \"\"bank book\"\" (savings account) in *fifth grade*. We learned to operate checking accounts in sixth, and compound interest the next year.   What happened?\""}
{"_id": "385702", "title": "", "text": "The reason that you are advised to take more risk while you are young is because the risk is often correlated to a short investment horizon. Young people have 40-50 years to let their savings grow if they get started early enough.  If you need the money in 5-15 years (near the end of your earning years), there is much more risk of a dip that will not correct itself before you need the money than if you don't need the money for 25-40 years (someone whose career is on the rise). The main focus for the young should be growth. Hedging your investments with gold might be a good strategy for someone who is worried about the volatility of other investments, but I would imagine that gold will only reduce your returns compared to small-cap stocks, for example. If you are looking for more risk, you can leverage some of your money and buy call options to increase the gains with upward market moves."}
{"_id": "385704", "title": "", "text": "A practical issue is that insider trading transfers wealth from most investors to the few insiders. If this were permitted, non-insiders would rarely make any money, and they'd stop investing. That would then defeat the purpose of the capital markets which is to attract capital. A moral issue is that managers and operators of a company should act in shareholders' interests. Insider trading directly takes money from other shareholders and transfers it to the insider. It's a nasty conflict of interest (and would allow any CEO of a public company to make ton of money quickly, regardless of their job performance). In short, shareholders and management should succeed or suffer together, so their interests are as aligned as possible and managers have the proper incentives."}
{"_id": "385725", "title": "", "text": "\"Trade was an indispensable factor in making the 20th century the American century. Trump is doing an amazing job making that obsolete with his trade agreements. Our economic growth may not be stifled in the next couple of years but we will see the repercussions of these \"\"deals\"\" later on.\""}
{"_id": "385736", "title": "", "text": "\"So, let's take a mortgage loan that allows prepayment without penalty. Say I have a 30 year mortgage and I have paid it for 15 years. By the 16th year almost all the interest on the 30 year loan has been paid to the bank This is incorrect thinking.  On a 30 year loan, at year 15 about 2/3's of the total interest to be paid has been paid, and the principal is about 1/3 lower than the original loan amount.  You may want to play with some amortization calculators that are freely available to see this in action.   If you were to pay off the balance, at that point, you would avoid paying the remaining 1/3 of interest.   Consider a 100K 30 year mortgage at 4.5% In month two the payment breaks down with $132 going to principal, and $374 going to interest.  If, in month one, you had an extra $132 and directed it to principal, you would save $374 in interest.  That is a great ROI and why it is wonderful to get out of debt as soon as possible.   The trouble with this is of course, is that most people can barely afford the mortgage payment when it is new so lets look at the same situation in year 15. Here, $271 would go to principal, and $235 to interest.  So you would have to come up with more money to save less interest.  It is still a great ROI, but less dramatic.   If you understand the \"\"magic\"\" of compounding interest, then you can understand loans.  It is just compounding interest in reverse.  It works against you.\""}
{"_id": "385742", "title": "", "text": "Probably start by looking up other stores in your field nationwide and seeing how they did.  There were three Etsy sourced stores in SF.  They all closed faster than stores usually do here.  Not trying to be a dick, but if I can get it on Etsy, why would I pay the markup to cover your store's rent and salaries to get it from you?"}
{"_id": "385746", "title": "", "text": "That all makes sense, but all of those things are the responsibility of the cardholder.  If you want to pay off your balance, anything quoted would obviously not include any transaction yet to post.  The problem is a creditor refusing to give the balance AND refusing to take a payment for an amount over the previous statement balance. This is essentially forcing the customer to pay more interest after they declare their intent to pay the full amount.  Good points, but I don't believe those were factors in this case."}
{"_id": "385757", "title": "", "text": "\"Reads like another one of these \"\"studies\"\" where the conclusions were written before they started (selectively) gathering data.  As if you're going to get anything honest out of Swedish professors about their politically correct, gynocentric society. Anything other than praise and demands that things go even further down that road would mean academic death.\""}
{"_id": "385763", "title": "", "text": "&gt; You know what scares the shit out of giant militaries?  And again you avoid my question. Instead of giving a reason why your proposal won't devolve into anarchy you just claim my example of anarchy is a good thing. I'll bet in school when asked a math question about a guy buying a dozen cantaloupes at the store you just claimed that nobody needed that many cantaloupes and expected full credit.  I'm now convinced you haven't seriously considered the effects of what you propose."}
{"_id": "385766", "title": "", "text": "\"Hi I'm the writer thanks for the read and the comment. With the statement you quoted, I'm trying to dispute the claim that \"\"people these days can't afford a house because they would have to pay their entire salary just to afford the mortgage,\"\" which I think is quite common in some circles. The data makes no statement as to whether home ownership is more affordable or not, but simply shows that those buying property are using around the same percentage of their income to pay for it, which the data clearly shows to be true.   https://fred.stlouisfed.org/series/RHORUSQ156N  As it turns out, home ownership levels have remained within ~5% of their 1980 levels based on percentage of the total population. I think there is an major classification flaw when comparing only sales because a great deal of people inherit property with no sale ever being made.\""}
{"_id": "385779", "title": "", "text": "In the UK is perfectly acceptable to use your personal bank account as a business account if your a sole trader, although it can be messy. Just record and keep all relevant transaction invoices etc documents for self assessment time. At self assessment time they will tell you the amount of tax you need to pay when you fill out the forms. Not sure how it is Canada.  If you get bigger get an accountant."}
{"_id": "385784", "title": "", "text": "It only pushes up prices and rent if having the airbnb actually increases demand for the area. And if that's the case it's actually a good thing. People coming to these airbnbs will inject money into the local economy, eating at local restaurants and seeing local attractions."}
{"_id": "385802", "title": "", "text": "You can do this if you merge Credit Cards with personal loans. You will have to pay 1 upfront fee but you can bounce a balance between 4 CCs almost indefinitely if you do it right. You have to have good credit though."}
{"_id": "385805", "title": "", "text": "\"The drone business is going to do away with most trucking firms anyhow for larger areas. For the more rural areas they're investing heavily in self-driving delivery vehicles taking the human factor out of it entirely.   Edit: Don't know why I'm being down voted but you might be clueless if you think self driving trucks aren't going to be \"\"the next big thing\"\" going into the 2020s. They're already here, they're already being proven, and they absolutely will be a job killer. Amazon is trying to do away with USPS, UPS, and FedEx, that is their objective, to inhouse all of it and save delivery $$$.\""}
{"_id": "385829", "title": "", "text": "Many good answers here, especially that you have to consider that renting may be more expensive than you'd think. Also, keep in mind that rent is money that is completely lost. Even if the property has dropped in value, if you keep paying, you will be able to recuperate part of your mortgage payments when you sell the house. Normally this is about +-30%, but you need to calculate this yourself by dividing the expected sales price of the house by the total mortgage payments you have to make to pack back everything. So I'd say walking away only makes sense if the rents around where you want to live are much lower than (<+-30%) your mortgage payment, and stable. In stead of walking away immediately, perhaps you can refinance your mortgage with a new one? In 2008 the rates were around 5.8%, now they are around 3.6% or so. I don't know how it goes in the USA but in my country, if the rates drop, it is relatively to do this and it can save people who refinance thousands if not more."}
{"_id": "385832", "title": "", "text": "We use the PC financial credit card.  We switched to PC banking about 8 years ago and have been extremely happy with them.  You get points for using their banking services and if you use their credit card you earn points.  You can use the points earned for free groceries or purchasing anything at No Frills, Independant and Loblawas Superstores.  With the points we've earned over the years through just our regular banking, we've purchased a 6 piece patio set, patio swing, tons of free groceries and currently have $500 worth of points that we're using to purchase food and gifts for the Christmas season.  You can find out the particulars on their points program throught their webiste at www.pcfinancial.ca"}
{"_id": "385849", "title": "", "text": "Caveat: I have never owned an Indian card but the items below are true for at least three different countries where I have lived in"}
{"_id": "385874", "title": "", "text": "Since you say the money was invested in a corporation that would lead me to believe you mean a stock purchase. Stock losses can be treated as a tax exemption filed as a capital loss.  http://moneycentral.msn.com/content/Taxes/Cutyourtaxes/P33438.asp http://www.usatoday.com/money/perfi/columnist/krantz/2006-03-10-capital-losses_x.htm Canada has slightly more restrictions on how this can be done.  http://www.taxtips.ca/filing/capitallosses.htm"}
{"_id": "385879", "title": "", "text": "Look up the pure-play beta method.  (It also can be called project beta. On mobile or else I would link.)  Essentially, you find a public company that business is the same (or as similar as possible) to the sub-unit business. You take this company's beta, unlever it from their capital structure, and relever it to the capital structure of the whole multinational company.  This new beta can be considered the beta of the sub-unit."}
{"_id": "385881", "title": "", "text": "It's clearly a risk, but is it any different than investing in your own business? Yes, it is different.  If you own a business, you determine the path of the business.  You determine how much risk the business takes.  You can put in extra effort to try to make the business work.  You can choose to liquidate to preserve your capital.   If you invest without ownership, perhaps the founder retains a 50% plus one share stake, then whomever controls the business controls all those things.  So you have all the risks of owning the business (in terms of things going wrong) without the control to make things go right.  This makes investing in someone else's business inherently riskier.   Another problem that can occur is that you could find out that the business is fraudulent.  Or the business can become fraudulent.  Neither of those are risks if you are the business owner.  You won't defraud yourself.   Angel investing, that is to say investing in someone else's startup, is inherently risky.  This is why it is difficult to find investors, even though some startups go on to become fabulously wealthy (Google, YouTube, Facebook, Twitter, etc.).  Most startups fail.  They offer the possibility of great returns because it's really hard to determine which ones will fail and which will succeed.  Otherwise the business would just take out the same loan that Jane's getting, and leave Jane out of it."}
{"_id": "385892", "title": "", "text": "Some innovations increase productivity quite a bit. So in the long run, innovations is a main driver or economical growth. And innovation is fueled by, indeed, debt.  The straight curve in the video, the economical growth, should not be a straight line, but a upwardly curved one. It cannot go down because innovations in productivity are not lost (I challenge you for an example contradicting this.  Normally, every upward cycle should create an extra increase in productivity. The government also plays a role in stimulating innovation.  I loved this video btw."}
{"_id": "385929", "title": "", "text": "An expense is an expense.  You can deduct your lease payment subject to some limitations, but you don't make out by having more expenses.  Higher expenses mean lower profit. Is leasing better than owning?  It depends on the car you'd buy.  If your business doesn't benefit from flashiness of your car, then buying a quality used car (a few years old at most) would probably be a wiser decision financially. I'd think hard about whether you really need an up-to-date car."}
{"_id": "385932", "title": "", "text": "\"*(\"\"Fee-only\"\" meaning the only money they make is the fee your folks pay directly; no kickbacks from financial products they're selling.) The answer to this is: for God's sake, leave it alone!  I commend you on wanting to help your family avoid more losses. You are right, that having most of one's retirement in one stock or sector is just silly. And again yes, if they're retired, they probably need some bonds.  But here's the thing, if they follow your advise and it doesn't work out, it will be a SERIOUS strain on your relationship. Of course you'll still be a family and they'll still love you, but emotionally, you are the reason they lost the money, and that will an elephant in between you. This is especially the case since we're talking about a lot of money here (presumably), and retirement money to boot.   You must understand the risk you're taking with your relationships. If you/they lose, at best it'll make things awkward, and you'll feel guilty about their impoverished retirement. At worst it can destroy your relationship with your folks.  What about if you win? Won't you be feted and appreciated by your folks for saving them from themselves? Yes, for a short while. Then life moves on. Everything returns to normal.  But here's the thing. You won't win. You can't. Because even if you're right here, and they win, that means both they and you will be eager for you to do it again. And at some point they'll take a hit based on your advise.    Can I be blunt here? You didn't even know that you can't avoid capital gains taxes by reinvesting stock gains. You don't know enough, and worse, you're not experienced enough. I deduce you're either a college student, or a recent grad. Which means you don't have experience investing your own money. You don't know how the market moves, you just know the theory.  You know who you are? You're me, 20 years ago. And thank God my grandparents ignored my advise. I was right about their utilities stocks back then, too. But I know from what I learned in the years afterwards, investing on my own account, that at some point I would have hurt them. And I would have had a very hard time living with that.  So, tell your folks to go visit a fee-only financial adviser to create a retirement plan.  Perhaps I'm reading into your post, but it seems like you're enthusiastic about investing; stocks, bonds, building wealth, etc. I love that. My advise -- go for it! Pull some money together, and open your own stock account. Do some trading! As much as people grouse about it, the market really is glorious. It's like playing Monopoly, but for keeps. I mean that in the best way possible. It's fun, you can build wealth doing it, and it provides a very useful social purpose.  In the spirit of that, check out these ideas (just for you, not for your folks!), based on ideas in your post:  Good luck.\""}
{"_id": "385949", "title": "", "text": "All you have to do is ask Warren Buffet that question and you'll have your answer! (grin)  He is the very definition of someone who relies on the fundamentals as a major part of his investment decisions. Investors who rely on analysis of fundamentals tend to be more long-term strategic planners than most other investors, who seem more focused on momentum-based thinking. There are some industries which have historically low P/E ratios, such as utilities, but I don't think that implies poor growth prospects.  How often does a utility go out of business?   I think oftentimes if you really look into the numbers, there are companies reporting higher earnings and earnings growth, but is that top-line growth, or is it the result of cost-cutting and other measures which artificially imply a healthy and growing company?  A healthy company is one which shows year-over-year organic growth in revenues and earnings from sales, not one which has to continually make new acquisitions or use accounting tricks to dress up the bottom line. Is it possible to do well by investing in companies with solid fundamentals?  Absolutely.  You may not realize the same rate of short-term returns as others who use momentum-based trading strategies, but over the long haul I'm willing to bet you'll see a better overall average return than they do."}
{"_id": "385955", "title": "", "text": "\"Comparing index funds to long-term investments in individual companies? A counterintuitive study by Jeremy Siegel addressed a similar question: Would you be better off sticking with the original 500 stocks in the S&P 500, or like an index fund, changing your investments as the index is changed? The study: \"\"Long-Term Returns on the Original S&P 500 Companies\"\" Siegel found that the original 500 (including spinoffs, mergers, etc.) would do slightly better than a changing index. This is likely because the original 500 companies take on a value (rather than growth) aspect as the decades pass, and value stocks outperform growth stocks. Index funds' main strength may be in the behavior change they induce in some investors. To the extent that investors genuinely set-and-forget their index fund investments, they far outperform the average investor who mis-times the market. The average investor enters and leaves the market at the worst times, underperforming by a few percentage points each year on average. This buying-high and selling-low timing behavior damages long-term returns. Paying active management fees (e.g. 1% per year) makes returns worse. Returns compound on themselves, a great benefit to the investor. Fees also compound, to the benefit of someone other than the investor. Paying 1% annually to a financial advisor may further dent long-term returns. But Robert Shiller notes that advisors can dissuade investors from market timing. For clients who will always follow advice, the 1% advisory fee is worth it.\""}
{"_id": "386001", "title": "", "text": "Dude honestly your comment is still pissing me off. Your comment history is literally just you going around berating and trying to shit on people with esoteric one or two sentence responses. Literally nothing you write up is ever technical, is focused on modelling, or any pitchdeck/CIM insight that bankers actually do. Like there's no way you're in banking.. you're just a sad kid going around on reddit trying to one up people (literally telling some nice dude they sounded deluded and just left it at that)"}
{"_id": "386011", "title": "", "text": "&gt;  Besides just doing what pharma companies do normally, which is raising prices astronomically for drugs which have no generics available, was he really the bad guy in other terms or did he just come off as a massive dickhead?  He just comes off as a massive dickhead.  He did run his funds/businesses illegally paying off the fund with other money, but the drug price raising thing was totally blown out of proportion and taken out of context. People didn't lose access to their meds, the price was nothing for majority of people. It was only on paper that the price had risen astronomically.  That said, it's his personality that's the big problem. The guy just has a bad smirk constantly on his face that pisses people off.   He's arrogant, young, smarmy, and smug. He's also pretty knowledgable and semi-successful. He will also treat people like shit and not give it a second thought. All a bad combination if you're going to be a public figure."}
{"_id": "386013", "title": "", "text": "The first rule of Reddit should be don't fuck with Reddit.   Trying to turn Reddit into Snapchat or Facebook is the best way to kill it.   So ... congrats on the funding, Reddit corporate, I hope your plans to spiffy things up in this stodgy, old site fail miserably."}
{"_id": "386016", "title": "", "text": "Please elaborate, how is it illegal to sue some institution because you think they violate the applicable law or the original idea of the Congress had for the FCC? Or do you mean the part of grouping together and collecting money? In my eyes that would be a normal activity for an activist group."}
{"_id": "386025", "title": "", "text": "That's actually pretty close to what the original goal for arbitration was. Arbitration was envisioned as a way to resolve disputes between two businesses in a niche industry by an expert in that industry, rather than by an inexpert court. The idea being that someone in the chicken processing industry, for example, would know more about a chicken processing-related dispute than a judge would.  But then somewhere along the way, the courts and Congress got a hard on for arbitration clauses and started allowing them everywhere. Somehow they continue to overlook the fact that letting an industry expert resolve a dispute between someone else in the industry and an unaffiliated customer is profoundly unfair.  And that's how arbitration became yet another good idea that got perverted."}
{"_id": "386033", "title": "", "text": "\"Which is the \"\"shouldn't ever expect to do better than their competitors employees\"\". The \"\"sit down and shut up\"\" is towards the bottom  &gt;Second, everyone needs to understand that it\u2019s management\u2019s job to identify and weigh alternatives, and to recommend a course of action.  In the world as it is, management is getting lots of help \u2013 from the Board, the Court, and the Creditors. Since the decisions being made are very important, and will impact every employee, their opinions should be given careful consideration. There are many forums \u2013 including participation in the court process \u2014 in which employee views can and should be taken into account.  Management should listen carefully, but employees need to understand that it\u2019s management\u2019s job to decide and that acting in ways intended to undercut management\u2019s role can only be counter-productive.  &gt;While the decision process is underway, everyone at American should be doing everything possible to improve performance, so that the post-bankruptcy company \u2013 whether American as it is or American combined with other entities \u2013 will have the broadest possible base of customer support from which to launch the renaissance every employee should be hoping for.  His entire spiel is so heavily sided towards management it's almost farcical. He's doing exactly what the airline pilot was complaining AA management is doing (treating the workers like faceless, interchangeable, and disposable cogs in the assembly line) while saying they shouldn't try to flex any negotiating power that management doesn't see fit to give them. And god forbid they have the gall to question the wisdom of their benevolent leaders (management is the thinkers, workers should just be the mindless doers).  I'm not a \"\"rah rah unions\"\" or \"\"boo business/management\"\" type of person. I just hate blatant bullshit. AA's workers have a legitimate gripe, that AA the company would almost certainly be better off merging with another airline but AA's management is better off going it alone and is asking the rest of the company to sacrifice to make that happen. Until that fundamental disconnect is reconciled, patronizing paeans to the wisdom of the company's leadership and knowing your place aren't helpful.\""}
{"_id": "386038", "title": "", "text": "&gt; Can we agree that some of the people who do not like the current job market have the option of trying to start a new business?  Most certainly.  Would you agree that for most people in minimum wage jobs this is not a realistic option?"}
{"_id": "386044", "title": "", "text": "&gt; make reddit more ~~accessible~~ profitable.  Seriously, come on.  Reddit is plenty accessible to the nerdy weirdo base that loves it, me included.  Making it more like Facebook and Twitter will only drive existing users (unprofitable users) away and bring in or try to bring in more profitable users.  It's like Kitchen Nightmares, we're the old-school customers, we love our microwaved lamb shank and stewed potatoes, but that isn't making money for the restaurant.  Now we only come here for those things, it's familiar, comforting we're not your typical customer.  BUT, for the restaurant to stay open they need to be more accessible to the average customer, have new and exciting things.  So the menu needs to be changed.  They'll get new customers, one's who like the new menu, but at the expense of loosing us.  Which is fine, because we don't pay the bills.  We don't matter.  That's what you don't get.  We're not paying for Reddit, and that IS a problem.  That's why there's been more rounds of funding, diluting the already existing shares, because without this influx Reddit would sink.  They're trying to stay open with the old menu, but at some point they need to make a buck and a new menu is what IS going to happen.  Being in denial isn't going to stop that.  &gt;Do you think companies like Uber who absolutely haemorrhage money are thinking that profit is their top priority?  Uber is forcing traditional Taxi companies out of their own market.  They can ride on losses for a very long time because they are clearly the future, much like Amazon.  Reddit is not doing anything like that.    &gt;No, it's about growing the user base. There's arguably more value in that these days for tech companies.  Reddit isn't a tech company, it's a social media company it's 'technology' is neat but doesn't produce a profit mostly because Reddit users are savvy enough to run Ad-Block and we don't buy Reddit Gold enough to care.  Notice the privacy policy changes and the Do Not Track abandonment?  Selling our data is the next attempt to make money, and better targeted marketing.  But for that to work we need Facebook and Twitter users, meaning we need to be dumbed down to be more like them."}
{"_id": "386053", "title": "", "text": "I work in marketing - there's always spillover. We love hypertargeting people but it's still effective to target a broad audience so overall awareness of your brand is higher than your competitors.  Seems like a waste to serve a 20 year old a Rocket Mortage ad. But 20 year olds become 30 year olds eventually."}
{"_id": "386057", "title": "", "text": "\"Things like the air, fisheries, forests, oil fields, research science teams, etc. are \"\"commons goods\"\".  They're scarce, but you can't actually stop anyone from using them or benefiting from them.  They normally have no property rights and can't extract revenue for their own work or good.  So pollution permits, or fishing licenses, are charged as commons rents.\""}
{"_id": "386095", "title": "", "text": "I have only been comfortable using my credit unions online bill payment system where the service they use already has the target in the database. When I enter the name of the company and the zip code from the bill, the system responds with the address that matches what is on the bill. In most cases the money is not sent via mail, but it is sent electronically. This eliminates the case of somebody finding the check. Though electronic delivery doesn't guarantee that I didn't type the wrong account number. When adding a new target, I like to pick those that also have an online system that I can check in a few days to make sure the money was received and properly credited. Recently a company failed to credit my account in a timely manner, my credit union actually noticed that the payment hadn't been cashed, and alerted me. I asked the credit union about mistakes, either by me or by them. They claimed that the payment is treated like any other check, and that if there was a problem the money could be pulled back, and my account credited with the funds. Your bank should have a disclosure document stating the risks and protections with the service."}
{"_id": "386105", "title": "", "text": "\"&gt; The main reason you see so many people in first class is because they earn miles for themselves  Yup.  My private company allows us to use our own milage accounts when booking company travel, so we earn the miles.  I also make heavy use of my Chase sapphire card, that has a 1:1 transfer between card-miles and most airline programs' miles.    While I don't travel _often_ for my job, I'm usually on a plane every couple months, at least, and most of the time, I can upgrade to first/business, or at least the \"\"special cattle\"\" rows of coach on my own dime (or miles).\""}
{"_id": "386115", "title": "", "text": "Of course this an article from *The Onion*, but that doesn't mean it can't offer some value to its readers -- beyond the quick chuckle, of course.  The main thing that occurred to me, reading this article as if it were legitimate, was that the owner clearly didn't do any research to see if the neighborhood was capable of supporting this business."}
{"_id": "386128", "title": "", "text": "\"Have you ever tried adding up all your mortgage payments over the years? That sum, plus all the money that you put as a down payment (including various fees paid at closing) plus all the repair and maintenance work etc) is the amount that you have \"\"invested\"\" in your house. (Yes, you can account for mortgage interest deductions if you like to lower the total a bit).  Do you still feel that  you made a good \"\"investment\"\"?\""}
{"_id": "386131", "title": "", "text": "That's why I said you can do a weighted average and take into account other factors. The initial average calculation is just a simple, high level average to compare betas across different listings. For a more precise calculation you would have to weigh different factors."}
{"_id": "386151", "title": "", "text": "Leasing is never a good idea.  A car is a depreciating asset -- it loses money over time.  Pay cash for your car and buy used ones until your net worth reaches at least $1M."}
{"_id": "386157", "title": "", "text": "\"**[More Details](http://researchnews.osu.edu/archive/heavydebt.htm) . . .**  * http://researchnews.osu.edu/archive/heavydebt.htm  **Here Are The Studies . . .**  * \"\"[Were Consumer Mistakes Related to Changes in Financial Obligations Burdens?](http://www.consumerinterests.org/pdffiles/2012-conference/2012-55%20Were%20Consumer%20Mistakes%20Related%20to%20Changes%20in%20Financial%20Obligations%20Burdens.pdf)\"\" by Sherman D. Hanna, Yoonkyung Yuh, and Swarn Chatterjee: http://www.consumerinterests.org/pdffiles/2012-conference/2012-55%20Were%20Consumer%20Mistakes%20Related%20to%20Changes%20in%20Financial%20Obligations%20Burdens.pdf      Via: http://www.consumerinterests.org/2012-Conference-papers.html  * \"\"[Increasing financial obligations of US households: Who is affected?](http://onlinelibrary.wiley.com/doi/10.1111/j.1470-6431.2012.01125.x/abstract)\"\" by Sherman D. Hanna, Yoonkyung Yuh, and Swarn Chatterjee: http://onlinelibrary.wiley.com/doi/10.1111/j.1470-6431.2012.01125.x/abstract\""}
{"_id": "386160", "title": "", "text": "India does allow Resident Indians to open USD accounts. Most leading National and Private Banks offer this. You can receive funds and send funds subject to some norms."}
{"_id": "386162", "title": "", "text": "I agree with @Turukawa that the x-axes need to be the same to make a direct comparison.  However, the graphs you linked make me think of introductory calculus:  If you time averaged plots, speculative investments (gold, housing) seem to have many large concave up time periods and the dow jones has many concave down sections.  Using the concavity test: If the first derivative tells you about the rate of change, the second derivative tells you about the rate of change of rate of change.  Remember back to Physics 101:  1st derivative is velocity & second derivative is acceleration.   It would be interesting to have the same time scales for your plots & compare these accelerations between the two.  I suspect the more volatile investments would have larger (in magnitude) accelerations during boom/bust cycles than less speculative investments."}
{"_id": "386167", "title": "", "text": "\"I agree that the figure seems low. I think that 2 things are going on. Firstly, this was clearly not a \"\"offer he could not refuse\"\". Second, Lucas is getting a bit older and he knows how much work it takes to create a SW film. I think Lucas saw what they have done for Marvel and Pixar, and said this is the best landing spot for the SW franchise. These are the only guys with the resources to pull this off. Remember, he is now disney's 2nd largest stock holder. He was not just cashing out, if disney shits the bed on this one he takes the lose as well.\""}
{"_id": "386173", "title": "", "text": "It isn't just ETFs, you have normal mutual funds in India which invest internationally. This could be convenient if you don't already have a depository account and a stockbroker.  Here's a list of such funds, along with some performance data: Value Research - Equity: International: Long-term Performance. However, you should also be aware that in India, domestic equity and equity fund investing is tax-free in the long-term (longer than one year), but this exemption doesn't apply to international investments. Ref: Invest Around the World."}
{"_id": "386178", "title": "", "text": "[**GLOBAL SERVICES**](http://www.corlissmoore.com)  We provide relevant insight to address a range of key business issues.  **Strategy Development and Execution**  - Strategic planning and strategy during uncertainty - Mergers and acquisitions (sourcing, transactions, and integration management) - Divestitures (sourcing, transactions, and separation management) - Project execution, implementation, and change management  **Pre-Crisis and Crisis Management**  - Turnaround - Liquidation  **Filling Gaps in Management**  - Global management - Interim management  **Corporate Governance Guidance**  - Board services  **Research and Analysis**  - Organizational, market, and strategic data collection and analysis  [CorlissMoore](http://www.corlissmoore.com/services.html) principals bring years of senior executive experience - we know and understand the issues faced by boards, management and stakeholders in today's turbulent economy."}
{"_id": "386180", "title": "", "text": "&gt;Honestly, how many tech savy people exist in Washington?  Plenty- they are the people who will actually seize your domain.    'How many people in Washington can operate an Abrams tank?' Not understanding a subject doesn't prevent legislators from issuing orders to people who do."}
{"_id": "386196", "title": "", "text": "For us it's good. Long-only equity investing is mostly reading, thinking and modeling. Then there's the exciting 1% of communicating your work. Our office doesn't feel too DM like though. Gorgeous wood walls, plush rugs, artwork amazing NYC skyline view etc. We joke that you would think it was a law firm if not for the multiple monitors."}
{"_id": "386211", "title": "", "text": "At this stage of the game your best investment is yourself. Rather than putting it in stocks, use any spare money you have to get yourself the best education you can. See if you can drop that part-time job and give yourself more time to study. Or maybe you can go to a better, more expensive college. Or maybe college will give you some opportunity to travel and learn more that way. You don't want to exclude yourself from those opportunities by not having enough spare cash. So in short, spend what you need to get yourself the best education you can, and keep any spare money you have somewhere you can use it to take advantage of any opportunities that come your way."}
{"_id": "386216", "title": "", "text": "https://finviz.com/quote.ashx?t=EFX  Go to the bottom of the page.    The same 3 people that sold the stock in early August have been selling their stock options consistently all year, sometimes in packs.  The last time they packed up to sell shares, they sold them from feb 21st to feb 28th, and then EFX proceeded to jump up 5% and stay there.  https://finance.yahoo.com/chart/EFX#eyJjdXN0b21SYW5nZUVuZCI6MTQ5MTAxOTE5OSwiY3VzdG9tUmFuZ2VTdGFydCI6MTQ4NzY1MzIwMCwibXVsdGlDb2xvckxpbmUiOmZhbHNlLCJib2xsaW5nZXJVcHBlckNvbG9yIjoiI2UyMDA4MSIsImJvbGxpbmdlckxvd2VyQ29sb3IiOiIjOTU1MmZmIiwibWZpTGluZUNvbG9yIjoiIzQ1ZTNmZiIsIm1hY2REaXZlcmdlbmNlQ29sb3IiOiIjZmY3YjEyIiwibWFjZE1hY2RDb2xvciI6IiM3ODdkODIiLCJtYWNkU2lnbmFsQ29sb3IiOiIjMDAwMDAwIiwicnNpTGluZUNvbG9yIjoiI2ZmYjcwMCIsInN0b2NoS0xpbmVDb2xvciI6IiNmZmI3MDAiLCJzdG9jaERMaW5lQ29sb3IiOiIjNDVlM2ZmIiwicmFuZ2UiOiIxeSJ9  This doesn't prove their innocence but don't just randomly accuse people of breaking the law.  It's a terrible use of time."}
{"_id": "386225", "title": "", "text": "\"What if everyone decided to sell all the shares at a given moment, let's say when the stock is trading at $40? It would fall to the lowest bid price, which could be $0.01 if someone had that bid in place. Here is an example which I happened to find online:  Notice there are orders to buy at half the market price and lower... probably all the way down to pennies.  If there were enough selling activity to fill all of those bids you see, then the market price would be the lowest bid on the screen.  Alternatively, the bid orders could be pulled (cancelled), which would also let the price free-fall to the lowest bid even if there were few actual sellers. Bid-stuffing is what HFT (high frequency trading) algorithms sometimes do, which some say caused the Flash Crash of May 2010.  The computers \"\"stuff\"\" bids into the order book, making it look like there is demand in order to trigger a market reaction, then they pull the bids to make the market fall.  This sort of thing happens all the time and Nanex documents it http://www.nanex.net/FlashCrash/OngoingResearch.html Quote stuffing defined: http://www.investopedia.com/terms/q/quote-stuffing.asp I remember the day of the Flash Crash very well.  I found this video on youtube of CNBC at that time.  Watch from the 5:00 min mark on the video as Jim Crammer talks about PG easily not being worth the price of the market at that time.  He said \"\"Who cares?\"\", \"\"Its not a real price\"\", \"\"$49.25 bid for 50,000 shares if I were at my hedge fund.\"\"  http://www.youtube.com/watch?v=86g4_w4j3jU You can value a stock how you want, but its only actually worth what someone will give you for it. More examples: Anadarko Petroleum, which as we noted in today's EOD post, lost $45 billion in market cap in 45 milliseconds (a collapse rate of $1 billion per millisecond), flash crashing from $90 all the way to an (allegedly illegal) stub quote of $0.01. http://www.zerohedge.com/news/2013-05-17/how-last-second-flash-crash-pushed-sp-500-1667-1666 How 10,000 Contracts Crashed The Market: A Visual Deconstruction Of Last Night's E-Mini Flash Crash http://www.zerohedge.com/news/2012-12-21/how-10000-contracts-crashed-market-visual-deconstruction-last-nights-e-mini-flash-cr Symantec Flash-Crash Destroys Over $1.5 Billion In Less Than A Second http://www.zerohedge.com/news/2013-04-30/symantec-flash-crash-destroys-over-15-billion-less-second This sort of thing happens so often, I don't pay much attention anymore.\""}
{"_id": "386229", "title": "", "text": "I think the two have split in many ways. The majority of academic courses of course elevate competency levels, but they are only available either to those who can afford it, or those willing to suffer the debt. Competency in this context refers to direct training with companies in core skills needed directly on the job. Major organizations are now offering those from low-wage backgrounds a direct route to a career by developing their competencies. After a few years they might not have a credential (i.e. qualification such as  a masters degree) but they will have a resume that's skills-rich; and all of those skills will have been industry tested, not college tested. Hope that makes sense :)"}
{"_id": "386254", "title": "", "text": "\"The problem there is that the argument immediately turns to \"\"why should Podunk Town have the same minimum wage as Major City\"\", even though the whole idea behind tailoring MW to local economies is that places that can't support the minimum wage of an economic engine don't have to.      That's the challenge we are facing in my state and why our legislature won't let areas with higher costs of living raise the minimum wage.  Which ends up hilariously bad because the urban poor become even more reliant on public assistance which in turn costs the state more money.\""}
{"_id": "386264", "title": "", "text": "In general no, if you just have one employer and work there with the same salary for the whole year.  Typically an employer does tax withholding by extrapolating your monthly income to the entire year and withholding the right amount so that at the end, what is withheld is what you owe.  It's not a surprise to them when your income crosses a tax bracket threshold, because they knew how much they were paying you and knew when you would cross into another bracket, so they factored that in. If you have multiple jobs or only worked for part of the year, or if your income varied from month to month (e.g., you got a raise) there could be a discrepancy between what is withheld and what you owe, because each employer only knows about what it's paying you, not what money you may have earned from other sources.  (Even here, though, the discrepancy wouldn't be due to the tax brackets per se.)  You can adjust your withholdings on form W-4 if needed, to tell the employer to withhold more or less than they otherwise would."}
{"_id": "386265", "title": "", "text": "&gt;When I started dating my now wife I took her to a place with a 7PM reservation. We finally sat around 9PM after another couple told the owner we had been waiting longer than anyone else in the pile of people at the front of the restaurant.  Why the hell did you waited 2 hours?"}
{"_id": "386278", "title": "", "text": "how do they turn shares into cash that they can then use to grow their business? Once a Company issues an IPO or Follow-On Public Offer, the company gets the Money. Going over the list of question tagged IPO would help you with basics. Specifically the below questions; How does a company get money by going public in an IPO? Why would a company care about the price of its own shares in the stock market? Why would a stock opening price differ from the offering price?  From what I've read so far, it seems that pre-IPO an investment bank essentially buys the companies public shares, and that bank then sells them on the open market. Is the investment bank buying 100% of the newly issued public shares? And then depositing the cash equivalent into the companies bank account? Additionally, as the stock price rises and falls over the lifetime of the company how does that actually impact the companies bank balance? Quite a bit on above is incorrect. Please read the answers to the question tagged IPO. Once an IPO is over, the company does not gain anything directly from the change in shareprice. There is indirect gain / loss."}
{"_id": "386299", "title": "", "text": "\"I used to use etfconnect before they went paid and started concentrating on closed end funds. These days my source of information is spread out. The primary source about the instrument (ETF) itself is etfdb, backed by information from Morningstar and Yahoo Finance. For comparison charts Google Finance can't be beat. For actual solid details about a specific ETF, would check read the prospectus from the managing firm itself. One other comment, never trust a site that \"\"tells you\"\" which securities to buy. The idea is that you need sources of solid information about financial instruments to make a decision, not a site that makes the decision for you. This is due to the fact that everyone has different strategies and goals for their money and a single site saying buy X sell Y will probably lead you to lose your money.\""}
{"_id": "386305", "title": "", "text": "Thank you for your service.  My first suggestion since your car is a planned for the near future is keep that amount in savings and just pay cash. There are plenty of attractive offers to entice you to finance your vehicle but there really is no compelling reason to do it considering the savings you have.  Second I would keep an additional portion of savings as a rainy day emergency fund. How much is based mostly on what you feel comfortable with. The number of possible emergencies that can come up is limited and your expenses are limited which is normal given your age. This fund might be for something such as emergency travel for a sick family member, cover a deductible for an auto accident, whatever unforseen event might occur (hence the name emergency fund). What investments you are comfortable with will be determined by risk tolerance. While in the military individual stocks that are aggressive risky investments may not be a good idea because of the extra attention they require and you can't really babysit a portfolio while deployed but there are many good low or no cost mutual funds or ETFs that you could get into.  I would look into setting up a recurring purchase with a set dollar amount monthly so you will continue to accumulate whatever option you are investing in regularly even if you are deployed. Which fund or ETF you pick will depend on your goals and risk tolerance but you could very easily pick several for diversity. Good luck and thank you again for your service."}
{"_id": "386309", "title": "", "text": "This answer contains three assumptions: New Share Price: Old Share Price * 1.0125 Quarterly Dividend: (New Share Price*0.01) * # of Shares in Previous Quarter Number of Shares: Shares from Previous Quarter + Quarterly Dividend/New Share Price For example, starting from right after Quarter One: New share price: $20 * 1.0125 = 20.25  1000 shares @ $20.25 a share yields $20.25 * 0.01 * 1000 = $202.5 dividend New shares: $202.5/20.25 = 10 shares Quarter Two: New share price: $20.503 1010 shares @ 20.503 yields $20.503*0.01*1010 = $207.082 dividend New shares: $207.082/20.503 = 10.1 shares Repeat over many cycles: 8 Quarters (2 years): 1061.52 shares @ $21.548 a share 20 Quarters (5 years): 1196.15 shares @ $25.012 a share 40 Quarters (10 years): 1459.53 shares @ $32.066 a share Graphically this looks like this:  It's late enough someone may want to check my math ;). But I'd also assert that a 5% growth rate and a 4% dividend rate is pretty optimistic."}
{"_id": "386312", "title": "", "text": "If the fees to keep the account open are reasonable then it's worth keeping it open for now.  It streamlines things if you need to visit or otherwise have business transactions (e.g. order things from online stores) with France or other EU countries.  If you are not yet even in university, I think it is far too early to predict where you will end up spending your time in life."}
{"_id": "386331", "title": "", "text": "\"Why bother any more?  Max penalty if these guys are even paying their much publicized \"\"government \"\" penalties is pennies on the dollar to what they got from the illegal activity. And the governmental workers will all go back to their cush bank job afterwards with a bonus.\""}
{"_id": "386348", "title": "", "text": "Sounds like a terrible situation. The only thing I can think of (if you have the cash for it) is to pay down enough of the Mortgage and refinance to the point where the rent covers the mortgage plus expenses. On the one hand, this feels like literally burning money in the fireplace, as you will likely never see back the difference between the likely value when you sell and what you are putting in now. On the other hand, every time you make an interest payment, you are burning the (smaller amount of) money with no hope of seeing it back ever. If you don't have the cash, or you find that just throwing away money, then I would get out as fast as I can. Every month you hold you are paying a huge amount of interest. If you sold at $300,000, you would have only a $30,000 debt to manage. The total amount it would take to pay that off (at anything resembling normal interest rates) would probably be less than you have already sunk into this thing. Of course, if you are willing to bet that the market will come back and make you profitable on what you will have to put in from now on, then you might want to hold on. Personally, I would not make that bet. All around a terrible situation. I wish you lots of luck in resolving it."}
{"_id": "386349", "title": "", "text": "PocketSmith is another tool you might like to consider. No personal banking details are required, but you can upload your transactions in a variety of formats. Pocketsmith is interesting because it really focus on your future cash flow, and the main feature of the interface is around having a calendar(s) where you easily enter one off or repetitive expenses/income. http://www.pocketsmith.com/"}
{"_id": "386364", "title": "", "text": "Who determines company value at IPO? The Owners based on the advice from Lead Bankers and other Independent auditors who would determine the value of the company at the time of listing. At times instead of determining a fixed price a range is given [lower side and higher side]. The Market participants [FI / Institutional Investor Segments] then decide the price by bidding at an amount. There are multiple aspects in play that help stabalize the IPO and roles of various parties. A quick read of question with IPO tag is recommended Edits: Generally at a very broad level, one of the key purpose of the IPO is to either encash Owner equity [Owner wants some profits immediately] or Raise additional Capital. More often it is a mix of both. If the price is too low, one loose out on getting the true value, this would go to someone else. If the price is too high, then it may not attract enough buyers or even there are buyers, there is substantial -ve sentiment. This is not good for the company. Read the question From Facebook's perspective, was the fall in price after IPO actually an indication that it went well?  This puts determining the price of IPO more in the realm of art than science. There are various mechanism [Lead bankers, Institutional Investors, Underwriters] the a company would put in place to ensure the IPO is success and that itself would moderate the price to realistic level. More often the price is kept slightly lower to create a positive buzz about the stock."}
{"_id": "386369", "title": "", "text": "Nonsense; terrorists are always open and up-front in their methods and movements. How else are they going to spam clues everywhere for our protectors to miss or ignore?  Besides, why risk unwanted attention from disgruntled neighbors? Easier to hide in plain sight."}
{"_id": "386372", "title": "", "text": "\"**2009 Aftonbladet Israel controversy**  The Aftonbladet\u2013Israel controversy refers to the controversy that followed the publication of a 17 August 2009 article in the Swedish tabloid Aftonbladet alleging that Israeli troops harvested organs from Palestinians that died in their custody. The article sparked a fierce debate in Sweden and abroad, and created a rift between the Swedish and Israeli governments. Israeli officials denounced the report at the time, labeling it anti-Semitic. The article was written by Swedish freelance photojournalist Donald Bostr\u00f6m, and was entitled \"\"V\u00e5ra s\u00f6ner plundras p\u00e5 sina organ\"\" (\"\"Our sons are being plundered for their organs\"\").  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "386378", "title": "", "text": "Or how about Applebee's food sucks. Same as Olive Garden or Buffalo Wild Wings. I would rather spend the same at a mom and pop shop or maybe a little more for something not made out of a bag and microwaved.  If I was going to do that, why spend 12 for a meal? Just go to Taco Bell..  Perhaps failing restaurants and brands should stop blaming millennials and come to terms that they are simply out of touch.  Sorry Applebee's, your more expensive than panera and your food is shitty."}
{"_id": "386387", "title": "", "text": "I keep waiting for the EU to disolve NATO and reform as a strictly European entity. For the last twenty years at least, it's been little more than a sales channel for US made military hardware. The EU should take on the primary responsibility for its defence and if called upon, the US should be able to choose to be involved."}
{"_id": "386390", "title": "", "text": "The general discussion of inflation centers on money as a medium of exchange and a store of value. It is impossible to discuss inflation without considering time, since it is a comparison between the balance between money and goods at two points in time. The whole point of using money, rather than bartering goods, is to have a medium of exchange. Having money, you are interested in the buying power of the money in general more than the relative price of a specific commodity. If some supply distortion causes a shortage of tobacco, or gasoline, or rental properties, the price of each will go up. However, if the amount of circulating money is doubled, the price of everything will be bid up because there is more money chasing the same amount of wealth. The persons who get to introduce the additional circulating money will win at the expense of those who already hold cash. Most of the public measures that are used to describe the economy are highly suspect. For example, during the 90s, the federal government ceased using a constant market basket when computing CPI, allowing substitutions. With this, it was no longer possible to make consistent comparisons over time. The so-called Core CPI is even worse, as it excludes food and energy, which is fine provided you don't eat anything or use any energy. Therefore, when discussing CPI, it is important to understand what exactly is being measured and how. Most published statistics understate inflation."}
{"_id": "386398", "title": "", "text": "$38 was the IPO price. This was price per share for those investors who bought directly from the underwriters (Morgan Stanley, etc.)  $42.06 was the first secondary market price, the price at which two private parties first exchanged the shares on an exchange, in this case NASDAQ."}
{"_id": "386404", "title": "", "text": "\"The word you are looking for is \"\"budget\"\" You can't pay off debt if you are spending more than you earn.  Therefore, start a budget that you both work on at the same time, and both agree 100% with.  Evaluate your progress on that budget on a regular basis. From your question, you understand what your obligations are and you seem to manage money pretty well. Therefore your key to retirement is just the ticket you need. As newlyweds, you both have to be VERY aware that the main reason a marriage fails in the US is money issues.  Starting out with a groundwork where you both agree to your budget and can keep it will help you a lot in your upcoming life. Then, for some details Sprinkle your charitable donations anywhere in the list where you feel it is important.\""}
{"_id": "386412", "title": "", "text": "MSFT: Hey Nokia, pls be exclusive to us  NOK: OK we will build phones exclusively for you  MSFT: Hey everyone, look, shiny new Windows 8 for phones  NOK: Ooh nice, when can customers have update  MSFT: LOL no update  NOK: MSFT pls, now not a single person will buy one of our phones for months  MSFT: LOL"}
{"_id": "386423", "title": "", "text": "\"First, I'd recommend that you separate \"\"short-term\"\" assets from \"\"long-term\"\" assets in your head.  Short-term assets are earmarked for spending on something specific in the near future or are part of your emergency fund.  These should be kept in cash or short bond funds.   Long-term assets are assets that you can take some risks with and aren't going to spend in the next few years.  Under normal circumstances, I'd recommend 80% stocks/20% bonds or even 70/30 for someone your age, assuming you're saving mainly for retirement and thus have a correspondingly long time horizon.  These portfolios historically are much less risky than 100% stock and only return slightly less.   Right now, though, I think that anyone who doesn't absolutely need safety keep 100% of their long-term assets in stocks.  I'm 26 and this is my asset allocation.  Bond yields are absolutely pathetic by historical standards.  Even ten year treasury yields are comparable to S&P 500 dividend yields and likely won't outperform inflation if held to maturity.  The stock market is modestly undervalued when measured by difference between current P/E ratio and the historical average and more severely undervalued when you account for the effects of reduced inflation, transaction costs and capital gains taxes on fair valuation.  Therefore, the potential reward for taking risk is much higher now than it usually is.\""}
{"_id": "386437", "title": "", "text": "If the cash flow information is complete, the valuation can be determined with relative accuracy and precision. Assuming the monthly rent is correct, the annual revenue is $1,600 per year, $250/mo * 12 months - $1,400/year in taxes. Real estate is best valued as a perpetuity where P is the price, i is the income, and r is the rate of interest.  Theoreticians would suggest that the best available rate of interest would be the risk free rate, a 30 year Treasury rate ~3.5%, but the competition can't get these rates, so it is probably unrealistic. Anways, aassuming no expenses, the value of the property is $1,600 / 0.035 at most, $45,714.29. This is the general formula, and it should definitely be adjusted for expenses and a more realistic interest rate. Now, with a better understanding of interest rates and expenses, this will predict the most likely market value; however, it should be known that whatever interest rate is applied to the formula will be the most likely rate of return received from the investment. A Graham-Buffett value investor would suggest using a valuation no less than 15% since to a value investor, there's no point in bidding unless if the profits can be above average, ~7.5%.  With a 15% interest rate and no expenses, $1,600 / .15, is $10,666.67.  On average, it is unlikely that a bid this low will be successful; nevertheless, if multiple bids are placed using this similar methodology, by the law of small numbers, it is likely to hit the lottery on at most one bid."}
{"_id": "386443", "title": "", "text": "The argument seems to derive from the fact that state law bars cities from taxing net income. Hence the city is arguing it doesn't apply to gross income. Of course the city would also have to argue that income isn\u2019t property. I don't think it's going to work out for them."}
{"_id": "386444", "title": "", "text": "SAP Support Services can easily reduce your complexities including time and efforts. Read infographic to know 4 important steps involved in sending purchase order. Visit www.apprisia.com or Call us at +1 (214) 556-5416 for more details."}
{"_id": "386481", "title": "", "text": "The committee folks told us Did they also give you advice on your medication? Maybe if they told you to take this medicine or that you'd do that? What is it with people taking tax advice from random people? The committee told you that one person should take income belonging to others because they don't know how to explain to you which form to fill. Essentially, they told you to commit a fraud because forms are hard. I now think about the tax implications, that makes me pretty nervous. Rightly so. Am I going to have to pay tax on $3000 of income, even though my actual winning is only $1000? From the IRS standpoint - yes. Can I take in the $3000 as income with $2000 out as expenses to independent contractors somehow? That's the only solution. You'll have to get their W8's, and issue 1099 to each of them for the amounts you're going to pay them. Essentially you volunteered to do what the award committee was supposed to be doing, on your own dime. Note that if you already got the $3K but haven't paid them yet - you'll pay taxes on $3K for the year 2015, but the expense will be for the year 2016. Except guess what: it may land your international students friends in trouble. They're allowed to win prizes. But they're not allowed to work. Being independent contractor is considered work. While I'm sure if USCIS comes knocking, you'll be kind enough to testify on their behalf, the problem might be that the USCIS won't come knocking. They'll just look at their tax returns and deny their visas/extensions. Bottom line, next time ask a professional (EA/CPA licensed in your State) before taking advice from random people who just want the headache of figuring out new forms to go away."}
{"_id": "386487", "title": "", "text": "This would otherwise be a comment, but I wish to share an image. A stock I happened to own, gapped up on the open to $9.20 and slowly worked its way down to $8.19 where it closed up 6% but near its low for the day.  This is an addendum to my comment above, warning about buying a stock on the open when news is coming out. Or more important, to be mindful of that news and the impact it might have on the stock. In this case, when the news came out and the stock had closed at $7.73, one would need to decide if he wished to buy it at any cost, or place a limit order.  I've redacted the name of the company, as this discussion has nothing to do with any particular stock, I'm just offering an example of the effect I warned about, three weeks ago. (Full disclosure, I got out at $8.70 in the first minutes of trading.)"}
{"_id": "386516", "title": "", "text": "Of course it's a cop-out, but it's the reality we've gotten ourselves into. While I agree in the long term what you're advocating is the proper solution, to get there we need a social safety net for the short and medium term that there simply isn't the political will to create."}
{"_id": "386523", "title": "", "text": "You could try asking Merrill Lynch, (general inquiries) :- http://www.ml.com/index.asp?id=7695_114042 So far I only found a few graphics :-    http://topics.nytimes.com/top/news/business/companies/merrill_lynch_and_company/ http://www.reuters.com/article/2008/01/17/us-merrilllynch-results-idUSWNAS674520080117 http://www.stocktradingtogo.com/2008/09/15/merrill-lynch-saved-by-bank-of-america-buyout/"}
{"_id": "386531", "title": "", "text": "\"What could happen to bonds such as these because of Detroit filing for   bankruptcy? Depending on how the courts process Detroit's situation, there could be that some bonds become worthless since they are so low and the city can't pay anything on those low priority debts.  Others may get pennies on the dollar.  There could also be the case that some bailout comes along that makes the bonds good though I'd say that is a long shot at this point. Are these bonds done for, or will bondholders receive interest   payments and eventual payment? I wouldn't suspect that they are done for in the sense of being completely worthless though at the same time, I'd be very careful about buying any of them given that they are likely to be changed a great deal. Could these bonds tend to rise over time after the bankruptcy?  Yes, it is possible.  If there was some kind of federal or state bailout that is done, the bonds could rise.  However, that is one heck of an \"\"if\"\" as you'd need to have someone come to guarantee the bonds in a sense. What similar situations from the past might support this idea? Not that many as this is the biggest municipal bankruptcy ever, but here are a few links that may be useful as a starting point, though keep in mind Detroit's scale is part of the story as it is such a big amount being defaulted:\""}
{"_id": "386532", "title": "", "text": "\"Is there ever any ambiguity on what that that exact strike is in delta space, or does everyone back it out from the pricing model the same way?  I ask, because in my product nearly everyone runs a heavier delta to the put (the severity of that varies). So on trades that are \"\"tied up\"\", everyone participating on it can have slightly different deltas that they are modeling\""}
{"_id": "386535", "title": "", "text": "\"Can't work out why I'm getting heat for this. Looking at 2010, Netflix wiki history...  \"\"By 2010, Netflix's streaming business had grown so quickly that within months the company had shifted from the fastest-growing customer of the\u00a0United States Postal Service's\u00a0first-class service\u00a0to the largest source of Internet streaming traffic in North America in the evening. In November, it began offering a standalone streaming service separate from DVD rentals.\"\"  Given the interview I had was at the start of 2011 it still feels to me like a fairly relevant question to ask someone on the blockbuster Board.\""}
{"_id": "386537", "title": "", "text": "\"You at least have some understanding of the pitfalls of shorting. You might not be able to borrow stock. You might not be able to buy it back when the time comes. You're moves are monitored, so you can't \"\"run away\"\" because the rules are enforced. (You don't want to find out how, personally.) \"\"Shorting\"\" is a tough, risky business. To answer your implicit question, if you have to ask about it on a public forum like this, you're not good enough to do it.\""}
{"_id": "386547", "title": "", "text": "As an analyst for an ad agency, I can assure you that you are correct.   Studios are currently relying on ananomized imperfect data based on what media agencies say is the audience exposed to thier ads. They have a fuzzy picture of when and where the individual first heard of the new movie and if they converted to a sale. They then estimate the demographics of the ticket purchasers. They operate with a bad attribution model.   This new company will allow their digital analytics team to synch up conversions to demographics, and with their mobile phone, and any social media or Internet profile or public traffic associated with that phone.   This company will encourage signing in with your Facebook to permit Facebook api data scraping, and using your phone as the ticket device at the theater, giving them access to your geolocation. Just like yelp, it will send push notifications to you to encourage you to check out this new trailer based upon what it knows about you, thus becoming the newest and most targeted marketing channel for studios."}
{"_id": "386550", "title": "", "text": "Meh, people will end up trading 1 TB drives full of crap with each other. Well by that time it'll be 5TB drives and by that time cameras will be super HD for super cheap and people will do their own movies and tv shows. They'll be better than anything you've ever seen before, true reality tv."}
{"_id": "386563", "title": "", "text": "I have always liked HTC phones and don't mind Sense, but they really blew it with the One X / Evo 4g LTE. Performance is horrible because of poor memory management. It performs worse than the Evo 3D it was replacing. It will be my third and last HTC phone. Samsung got it right putting in 2GB of RAM on the GS3."}
{"_id": "386567", "title": "", "text": "Here in Germany there is a special case. I am studying (and working a little on the side) and still receiving child benefits from the state which is like 190\u20ac/m. Because I am getting this I don't have to pay tuition which is 1k/y. If my side income would get over the boundary (which is like 9k/y) I would lose those benefits (~3.3k) and would have to pay insurance myself (I dont know how much that would be. 50-100/m I guess.) So getting a raise from 8k to 10k sounds nice as it is a 25% raise, but it actually means getting less."}
{"_id": "386568", "title": "", "text": "\"&gt;Apple could clearly afford to pay them more. They could double the salary of all their sales staff and you'd barely even notice on Apple's bottom line.  30,000 US employees working in stores. Double their salary and that's $750 million per year, vs some $25 million profits on the year. They'd be losing about 3% of their profits by doubling salesman wages in the US. Not a huge amount, but certainly more than \"\"barely even notice.\"\"\""}
{"_id": "386610", "title": "", "text": "it definitely is. People are chasing higher return, riskier products in lieu of these bottom of the barrel interest rates on any debt products. The fed needs to execute an exit strategy on QE if they want to avoid massive speculation from investors chasing returns."}
{"_id": "386611", "title": "", "text": "JoeTaxpayer mentioned a budget. Staying on top of your spending will be the result of getting out from under this debt. You may have Excel on your PC now, if not Open Office is free which has a program that handles finance applications. There is budgeting software for free out there. Youneedabudget.com is a lot better but cost a little. It keeps me from spending money I don't necessarily have as I can see a result month to month from having outflow of cash. As Joe mentioned - no more lattes in the near future which will help you pay off this debt which will be a bigger relief than a fashion statement. Having used budgeting software and attempted to stay in budget has been useful. I still over spend a little on food and can see the ramifications immediately. In short, try creating and sticking to a budget no matter the urge. As far as insolvency is concerned I'd struggle with paying it down before I do that. The thought passed my mind but I bit the bullet. DO NOT walk away from the debt however. That isn't a good idea Either. Budget and bite."}
{"_id": "386628", "title": "", "text": "The issuer of the service contract is making money. DO NOT buy these contracts.  Self insure over your life time 40/60 years and you will save money."}
{"_id": "386655", "title": "", "text": "Multiple overlapping indices exist covering various investment universes.  Almost all of the widely followed indices were originally created by Lehman Brothers and are now maintained by Barclays.  The broadest U.S. dollar based bond index is known as the Universal.  The Aggregate (often abbreviated Agg), which is historically the most popular index, more or less includes all bonds in the Universal rated investment grade.  The direct analog to the S&P 500 would be the U.S. Corporate Investment Grade index, which is tracked by the ETF LQD, and contains exactly what it sounds like. Citigroup (formerly Salomon Brothers) also has a competitor index to the Aggregate known as Broad Investment Grade (BIG), and Merrill Lynch (now Bank of America) has the Domestic Master. Multiple other indices also exist covering other bond markets, such as international (non-USD) bonds, tax-exempts (municipal bonds), securitized products, floating rate, etc."}
{"_id": "386661", "title": "", "text": "Are you a cool fucking bro?  Because if not, be prepared to do all of the work and get none of the credit.  Seriously though - if people don't think you're an interesting dude (chick) to talk to, they won't like you, and you won't like finance."}
{"_id": "386668", "title": "", "text": "These are the things to focus on... do not put yourself in debt with a car, there are other better solutions.  1) Get a credit card (Unless you already have one) -Research this and get the best cash back or points card you can get at the best rate.  - Start with buying gas and groceries every month do not run the balance up. - Pay the card off every single month. (THIS IS IMPORTANT) - Never carry a balance above 25% of your credit limit.  - Every 8 months or so call your credit card company and ask for a credit line increase. They should be able to do this WITHOUT pulling your credit you are only looking for the automatic increment that they can automatically approve. This will help increase your available credit and will help keep your credit utilization low. Only do this is you are successfully doing the other bullet points above.  2) Pay all of your bills on time, this includes everything from water, electricity, phone bill, etc. never be late. Setup automatic payments if you can.  3) Minimize the number of hard credit inquiries. -This is particularly important when you are looking for your mortgage lender. Do not let them pull your credit automatically. You should be able to provide them your credit score and other information and get quotes from those lenders. Do not let them tell you then can't do this... they can.  4)Strategically plan when you close a credit line, closing them will do two things, lower your credit limit often times increasing your credit utilization, and it may hurt your average age of credit. Open one credit card and keep it forever.  *Note: Credit Karma is a great tool, you should check your score monthly and see how your efforts are influencing your score. I also like Citi credit cards because they will provide you monthly with your FICO Score which Credit Karma will only provide TransUnion and Equifax.  This is educational information and you should consider talking to a banker/lender who can also give you more detailed instructions on how to get your credit improved so that they can approve you for a loan.  Many people can get their score above 720 in 1-2 years time going from no credit doing the steps described above. It does take time be patient and don't fall for gimmicks."}
{"_id": "386686", "title": "", "text": "In comparison to other fast good chains not at all, subways has increased price slightly but quality hasn't decreased, with KFC and Burger King increasing it's price by literally 10-30p over he past couple of years with no decrease in quality."}
{"_id": "386691", "title": "", "text": "&gt;I cant think of any reason for minimum wage paying jobs to have a union. If you think the wages are too low for cost of living then the minimum wage should be raised.  I like how you say something in one sentence and then answer yourself in the next sentence.  What the hell do you think unions are for?  They're for bettering working conditions.  Where do you think any sort of worker protection laws came from in the first place?"}
{"_id": "386705", "title": "", "text": "I'd be interested to hear your justification for this belief rather than dumb image macros...  The only way I've ever been able to accrue wealth is by participating in an economy with rules enforced by the government. I can go to work because of roads, I can get hired at a job because of my education, and the money I earn doesn't get taken from me by thieves and crooks due to law enforcement.  With taxes, I'm well off. Without taxes, I have nothing. Seems like the opposite of theft to me."}
{"_id": "386720", "title": "", "text": "You remind me a lot of myself as I was thinking about marriage. Luckily for me, my wife was much smarter about all this than I was. Hopefully, I can pass along some of her wisdom. Both of us feel very strongly about being financially independent and if possible we both don't want to take money from each other. In marriage, there is no more financial independence. Do not think in those terms. Life can throw so many curve balls that you will regret it. Imagine sitting down with your new bride and running through the math. She is to contribute $X to the family each month and you are to contribute $Y. Then next thing you know, 6 months later, she has cancer and has to undergo expensive and debilitating treatment. There is no way she can contribute her $X anymore. You tell her that is okay and that you understand, but the pressure weighs down on her every day because she feels like she is not meeting your expectations.  Or alternatively, everything goes great with your $X, $Y plan. A few years down the road your wife is pregnant, so you revisit the plan, readjust, etc. Everything seems great. When your child is born, however, the baby has a severe physical or mental handicap. You and your wife decide that she will quit her job to raise your beautiful child. But, the whole time, in the back of her mind she can't get out of her head that she is no longer financially independent and not living up to your expectations. These stresses are not what you want in your marriage. Here is what we do in my family. Hopefully, some of this will be helpful to you. Every year my wife and I sit down and determine what our financial goals are for the year. How much do we want to be putting in retirement? How much do we want to give to charity? Do we want to take any family vacations? We set goals together on what we want to achieve with our money. There is no my money or her money, just ours. Doesn't matter where it comes from. At the beginning of every month, we create a budget in a spreadsheet. It has categories like (food, mortgage or rent, transportation, clothing, utilities) and we put down how much we expect to spend on each of those. It also has categories for entertainment, retirement, charity, cell phones, internet, and so on. Again, we put down how much we expect to spend on each of those. In the spreadsheet, we also track how much income we expect that month and our totals (income minus expenses). If that value is positive, we determine what to do with the remainder. Maybe we save some for a rainy day or for car repairs. Maybe we treat ourselves to an extra fancy dinner. The point is, every dollar should be accounted for. If she wants to go to dinner with some friends, we put that in the budget. If I want a new video game, we put that in the budget. Once a week, we take all our receipts and tally up where we spent our money. We then see how we are doing on our budget. Maybe we were a little high in one category and lower than expected in another. We adjust. We are flexible. But, we go over our finances often to make sure we are achieving our goals. Some specific goals I'd recommend that the two of you consider in your first such yearly meeting: You get out of life what you put into it, and you will get out of your finances what the two of you put into them. By being on the same page, your marriage will be much happier. Money/finances are one of the top causes of divorce. If you two are working together on this, you are much more likely to succeed."}
{"_id": "386745", "title": "", "text": "Why do these fees exist? From a Banks point of view, they are operating in Currency A; Currency B is a commodity [similar to Oil, Grains, Goods, etc]. So they will only buy if they can sell it at a margin.  Currency Conversion have inherent risks, on small amount, the Bank generally does not hedge these risks as it is expensive; but balances the position end of day or if the exposure becomes large. The rate they may get then may be different and the margin covers it. Hence on highly traded currency pairs; the spread is less.  Are there back-end processes and requirements that require financial institutions to pass off the loss to consumers as a fee? The processes are to ensure bank does not make loss. is it just to make money on the convenience of international transactions? Banks do make money on such transactions; however they also take some risks. The Forex market is not single market, but is a collective hybrid market place. There are costs a bank incurs to carry and square off positions and some of it is reflected in fees.  If you see some of the remittance corridors, banks have optimized a remittance service; say USD to INR, there is a huge flow often in small amounts. The remittance service aggregates such amounts to make it a large amount to get a better deal for themselves and passes on the benefits to individuals. Such volume of scale is not available for other pairs / corridors."}
{"_id": "386762", "title": "", "text": "It's a matter of risk and reward. And its origin goes back to the Black Scholles equation, which is sort of a bell curve of possible outcomes.  Do you see that from $36 to $34 strike, you are putting up over 35% more money to lower your break even by 30 cents?  If I were to bet* $2000, I could buy 3 of the $34 contracts but almost 5 of the $36 strike. If the stock went to $45, I'd be far better off.  *I say 'bet' because simply buying puts or calls, absent any underlying asset, is akin to gambling, not investing. I do it all the time, but with my Vegas money."}
{"_id": "386764", "title": "", "text": "\"EmploymentProTip, especially regarding boilerplate employment forms and larger companies:  When you get to something disagreeable like that, line it out and initial it.   I've done it several times over the years and nobody's ever come back to ask me about it. (Because they don't look at it - they just file it). **IF** they ever tried to enforce it, you just tell them to take a look at your contract. They're either going to end up with a) no enforceable noncompete or b) since they never counter-signed the agreement, it's not a valid contract (which still means - no noncompete)  Note that (b) above might come back to bite you if **you** need to depend on the employment contract, but I'm not sure that's ever happened in the modern \"\"employees are disposable resources\"\" age.   NOTE: While I am an attorney, this is not legal advice. Please seek the advice of an attorney licensed in your state.\""}
{"_id": "386774", "title": "", "text": "\"&gt; So.... If everybody took your advice, how would you ever be able to hire other people?  I never said every single person needs to open a business.  I said we need more entrepreneurs.  Your example is implausible, unrealistic, over-simplified, and not at all what I suggested.  I just find it hysterical that I get down-voted to hell for suggesting that we teach kids that there are other options besides \"\"get a job\"\", and that anyone can start their own business and actually *provide* jobs, improving their local economy.  But, fuck that I guess.  Go upvote the guy who says the government should just be giving out free money to everyone.  Yea, that makes much more sense in the long term growth of our economy.  *facepalm*  This ignorance in this subreddit is astounding.\""}
{"_id": "386778", "title": "", "text": "This is what is killing them. They've completely removed themselves from the consumer market, and at the same time much of their industrial market is in the process of being sold off. GE is having an identity crisis. Officers need to realize that the consumer will always see GE as the lightbulb and washing machine company, and they're not even making any of those things anymore! Crazy"}
{"_id": "386796", "title": "", "text": "I have had accounts at both IB and Questrade. Whatever you've heard about Questrade, sadly much of it is true pertaining to 2007-2009. I have not had any issues with their service, and making the few trades I do with the QuestraderWEB service has been flawless. In the time that I've had the account, their service has constantly been improving (statements are easier to read, customer service is more responsive). You should read what FrugalTrader and Canadian Capitalist have to say along with the combined 1000+ comments before deciding. Interactive Brokers is a whole different world. Those guys are the definition of real-time. You can get daily and weekly statements, along with the typical monthly statements. Buying power, margin, etc, is all updated in real-time and viewable in their TWS software. Trading fees are definitely lower than Questrade unless you're routinely trading 800-1000+ shares. Most of my trades cost $1. Options have a lower limit before Questrade makes more sense. And nothing beats IB for forex. Ultimately it really depends on what you will be doing. Note that IB charges a minimum monthly fee of $10 ($3 if you're young and foolish). If you don't hit that with commissions, the balance is taken from your account. Also, all other fees are passed on to you (e.g. data, order cancellation). IB also doesn't have any registered accounts such as TFSA or RRSP, and doesn't plan to. If you'll be doing a bunch of hefty trading, IB offers a trading platform free of charge, but charges for everything else. Questrade instead has a monthly fee for its QuestraderPRO and QuestraderELITE services, but that includes data and flat rate commissions. If you're just looking for a place to invest cheaply without extra fees and plan on making a few trades a year, Questrade might be the right choice."}
{"_id": "386797", "title": "", "text": "GelomanIndianSpares is a big stockist of new and old Indian motorcycle spare parts in the United States. We provide the best service and exact reproductions of the original Indian motorcycle spare parts. We are trying to locate or get some information with spare parts 1940's Indian 741 motorcycle which used by the American people. This Indian motorcycle is renowned for their power, styling, and high-speed stability. For any information about Indian motorcycle, visit our company website."}
{"_id": "386799", "title": "", "text": "No matter you want to rent, sell or buy the property, it\u2019s very essential to find a reliable and professional broker who can ease the entire process for you. These are middle-men and are a great link between sellers and buyers of a specific property."}
{"_id": "386803", "title": "", "text": "Investing money in the stock market with [Compound Stock Earnings](http://www.compoundstockearnings.com) is a great way to build wealth and plan for the future. However, few people know what the stock market is let alone how to begin investing in it. It is important to understand how companies and stocks work before investing in them."}
{"_id": "386804", "title": "", "text": "The funny thing (besides what you just described) is that this policy changed on May 1st. There are several exceptions that I will not lay out but...The store should have matched the sale price and not given 10%. Stores should even be matching Amazon now unless it's a 3rd party seller. Source: competent Lowe's employee."}
{"_id": "386818", "title": "", "text": "This is a state by state thing, and I'm cheating because I know you are in New York State:"}
{"_id": "386821", "title": "", "text": "\"&gt; I do expect it to be at least coherent and consise [sic - OMG I should now dismiss you!].  If her post was incoherent then how could you \"\"precisely\"\" counter what she was saying?  You made a logic boom boom in your pants.  &gt; Freelancing is hard.  Wow, deep. (hey, this lazy dismissive stuff is easy!)\""}
{"_id": "386839", "title": "", "text": "my friend and his wife are expecting their 2nd kid and living in a 1 1/2 bedroom apt downtown. Reason: his job is downtown and parking and public transit to get there from the suburbs is crap. They want something bigger with a yard but just can't do it. They can rent in the burbs for around what they are currently paying - it's just the hour commute (if he's lucky) each way - right now it's a 10 min. walk."}
{"_id": "386846", "title": "", "text": "I'm not a Millennial, either.  I was born right in the middle of Gen X.  I don't hate Applebee's, but I don't eat there, either.  There are a number of small mom and pop restuarants in town.  The cost of eating at those is roughly *half* of a meal at Applebee's, and the food is usually better.  Further, I recently bought a house and have upgraded the kitchen, so I will be cooking for myself much more often.  Homemade meals are about 10%-25% the cost of Applebee's.  Quality is much higher, too.  There are two problems with Applebee's.  One, too many grasping hands.  IIRC, Applebee's is a franchise.  That means the franchisee, corporate and shareholders are all squabbling over their share of the profits.  That leads to cuts in product quality and underpaying employees.  That's a recipe for disaster.  Yes, I believe in profit, but the profit should be going to only *one* entity.  Otherwise, you start crapping on product and employees, which suppress profits.  The other problem is complexity.  How many items are on the Applebee's menu?  Probaby 80-100.  I haven't counted.  That's too many.  They need to get it down to 15-20 items and go all out to make those the best possible.  If they had a more limited menu with higher quality items, the employees were better paid, and the prices were lower because only one party collected profits, they'd be doing well."}
{"_id": "386864", "title": "", "text": "Typical costs to buy might include: One piece of advice if you've never bought, fixing problems with a house always seems to cost more than the discount in price due to the problems. Say the house needs a 15K new kitchen it seems like it will be just 7K cheaper than a house with a good kitchen, that kind of thing. Careful with the fixer uppers.  Costs to sell include: Doing your own cleaning, repairs, moving, etc. can save a lot.  You can also choose to work without an agent but I don't know how wise it is, especially for a first time buyer. In my town there are some agents that are buyers only, never seller's agents, which helps keep them unconflicted.  Agent commissions may be lower in some areas or negotiable anywhere. Real estate transfer taxes may be owed by buyer or seller depending on location: http://en.wikipedia.org/wiki/Real_estate_transfer_tax"}
{"_id": "386869", "title": "", "text": "It doesn't make much difference in the end. Imagine you have $100 of revenue in your company. You can either pay it to yourself as salary, meaning that you don't pay corporate tax on it, or you can keep it in the company, pay corporate tax on it, then pay yourself a dividend of what is left. While that dividend will be treated better than salary, remember that the company already paid tax on it. You paying less on what's left doesn't equate to paying less overall. Go ahead and run the numbers using your actual corporate tax rate and your personal income tax rate. Try doing your whole salary as dividends - not dollar for dollar, but as how much the company would have as profit to give you a dividend if it didn't spend (and deduct) salary money on you. You are unlikely to see any difference at all. The net final money in your pocket, and the amount that went to the government, will probably be the same. If paying dividends keeps your earned income low, you may find that you can't use RRSP or childcare deductions. You are also not getting CPP credit. That's an argument for salary, or at least a certain minimum amount of salary. You have to deduct taxes at source on salary and send it along to the government, which is an argument for dividends if you feel you could invest that money and use it well before the taxes get around to being due. Possibly you may discover an edge case where you move a few thousand from one marginal tax rate to another and clear a few hundred extra as a result. I don't discourage you from doing the math, I just point out that the various percentages (tax rates, grossups, deductions etc) have all been carefully chosen so that it pretty much works out the same, or gives a small preference to salary. We give excess money to ourselves as bonus rather than dividend having run the numbers a few times. There's no secret trick here."}
{"_id": "386890", "title": "", "text": "\"Jesus Christ. I thought this subreddit was somewhat intellectual.. zerohedge... seriously?   The former CEO of Equifax has earned $18 million in pension benefits over his tenure. That is money he has already earned and is entitled to under any circumstance.   He will not be receiving a bonus for 2017. And he will not be receiving any severance pay.   He is also staying on as an unpaid advisor during the transition.  These comments read like a bunch of uneducated yahoo.com comments. What the hell is going on. Zerohedge should not be allowed in this subreddit.   Here's their description on wikipedia   &gt;Zero Hedge's content has been classified as \"\"alt-right\"\", anti-establishment, conspiratorial, and economically pessimistic, and has been criticized for presenting extreme and sometimes pro-Russian views   https://www.washingtonpost.com/news/the-switch/wp/2017/09/26/equifax-ceo-retires-following-massive-data-breach/\""}
{"_id": "386906", "title": "", "text": "For a true financial advisor 'track record' consists of more than just returns.  Is this person helping their client make the right investment choices, savings choices, tax efficient choices, EXPENSE choices?  Is the advisor keeping me honest with myself, helping me make my goals realistic, my investment options realistic, etc.?  Is the advisor helping me stay disciplined?  For example, if an advisor has a good track record in the market, but has the investments in the wrong types of accounts and is losing too much to taxes, he/she is a bad advisor.  If the advisor is not considering the time horizon of the investor, he/she is a bad advisor.  If the advisor is not helping the client understand their true risk tolerance, he/she is a bad advisor.  All of this regardless of their track record.  Edit: You also seem to be talking about wealth managers.  I am talking about financial managers.  I believe very few wealth managers are actually worth their costs (and most are just blow horn prognosticators) whereas financial advisors are financial educators to clients."}
{"_id": "386909", "title": "", "text": "I'm in Argentina and they limit the daily withdrawals to 1000 pesos a day (about $220).  The gov't just put limits on withdrawing dollars here, which is how Argentines have typically saved their money.  The people are NOT happy."}
{"_id": "386912", "title": "", "text": "It's a circular firing squad. There always is much more going on behind the scenes than is what the public knows .. no I don't know anything, but I have been involved is some very nasty Board room battles. Just to put it in perspective how nasty these get - you have a founder that created a company in his image vs. Board members that have fiduciary responsibilities to investors (this includes the potential for personal liability).  I cannot see how this gets better before it gets worse .. these are just the opening maneuvers."}
{"_id": "386941", "title": "", "text": "To answer my own question, at least to the extent of my understanding. Here the IRS says that all income for a foreign person from a US-based company is taxable with 30%. Here the IRS says that this tax should be withhold at source by whomever pays you. In case there is a tax treaty with the country, the tax can even be waived in the US. Of course, if you don't declare it in your home country, the US bank could probably give information requested by the home country authorities. For the other two cases (when there's no US party involved) I can't find anything on the IRS website, which kind of make sense. If I am using an account in the US just to receive and send money shouldn't imply any tax. Thanks to @litteadv for pointing me into the right direction."}
{"_id": "386945", "title": "", "text": "That is interesting too! I'm wondering all the different reasons these correlations could exist. Maybe a lot of men more feel pressured to make money than most women do. And then for the fitness thing, maybe women feel more pressured to look a certain way. The pressure coming from society in general, I mean. Just my guesses though."}
{"_id": "386985", "title": "", "text": "\"In a perfect world of random stock returns (with a drift) there is no reason to \"\"take profit\"\" by exiting a position because there is no reason to think price appreciation will be followed by decline.   In our imperfect world, there are many rules of thumb that occasionally work but if any one of them works consistently over a long period of time, everyone starts to practice that rule and then it stops working.  Therefore, there are no such rules of thumb that work reliably and consistently over long periods of time and are expected to continue doing so.  Finding such a rule is and always has been a moving target. The rational, consistently sensible reasons to sell a stock are: These rules are very different from my interpretation of the \"\"walk with your chips\"\" behavior mentioned in your question.\""}
{"_id": "386994", "title": "", "text": "The main reason for paying your mortgage off quickly is to reduce risk should a crisis happen.  If you don't have a house payment, you have much higher cash flow every month, and your day-to-day living expenses are much lower, so if an illness or job loss happens, you'll be in a much better position to handle it. You should have a good emergency fund in place before throwing extra money at the mortgage so that you can cover the bigger surprises that come along. There is the argument that paying off your mortgage ties up cash that could be used for other things, but you need to be honest with yourself: would you really invest that money at a high enough rate of return to make up your mortgage interest rate after taxes?  Or would you spend it on other things?  If you do invest it, how certain are you of that rate of return?  Paying off the mortgage saves you your mortgage interest rate guaranteed. Finally, there is the more intangible aspect of what it feels like to be completely debt free with no payments whatsoever.  That feeling can be a game-changer for people, and it can free you up to do things that you could never do when you're saddled with a mortgage payment every month."}
{"_id": "386996", "title": "", "text": "I have a colleague who always leases cars first.  He's very well off, has piles of money in savings, owns a home, and the cherry on top, he could just write a check for the car....   He sees the lease as an insurance policy on the first couple of years of the car's life.  If it gets in an accident or he finds something about it he doesn't like, he can give it back to the dealer at the end of the term with no hassle and move on to the next car.  Some people value the fact that a lease is a rental.   If you're leasing a luxury car or something you couldn't otherwise afford, no amount of mental gymnastics will turn this in to a good idea.   Separately, you should never make a down payment on a lease.  If the car is totaled early on, you will not recoupe the money you put down.  The issue here is that while the numbers all work out the same between a lease and a purchase your situation is different.  If the leased car is totaled, the bank gets its money back from an insurer.  If that payment doesn't cover the value of the car, the GAP insurance will cover it.  In either situation, if there's an excess remaining it will be returned to you.  The issue is the excess may not fully replace your down payment.  If you then went to lease another car you would need to come up with that down payment again because you couldn't just simply choose to lease a used car; like you could in the case of a purchase.  Additionally, GAP is generally included in a lease whether you want it or not.  As far as I'm concerned it doesn't make financial sense to mitigate the value of the GAP coverage once you've decided to live in a lease situation."}
{"_id": "387008", "title": "", "text": "For information about the UK situation, check the government website at  http://www.hmrc.gov.uk/incometax/tax-arrive-uk.htm It all depends on the time. If I read it right (but you should check yourself) you can stay almost six months at a time, but at most 3 months on average over 4 years. Above this limit, you should either avoid the situation, or get professional advice, because things will be complicated."}
{"_id": "387010", "title": "", "text": "\"New York will want to you to pay taxes on income from \"\"New York sources\"\". I'm not sure what this means to a freelance web developer.  If your wife is doing freelance web development under the same business entity as she did in New York (ie. a New York sole proprietor, corporation, etc), you probably do need to file. From nonresident tax form manual: http://tax.ny.gov/pdf/2011/inc/it203i_2011.pdf If you were a nonresident of New York State, you are subject to New   York State tax on income you received from New York State sources in   2011. If you were a resident of New York State for only part of 2011, you are subject to New York State tax on all income you received while   you were a resident of the state and on income you received from New   York State sources while  you were a nonresident.  To compute the amount of tax due, use Form IT-203, Nonresident and   Part-Year Resident Income Tax Return. You will compute a base tax as   if you were a full-year  resident, then determine the percentage of   your income that is subject to New York State tax and the amount of   tax apportioned to New York State.\""}
{"_id": "387011", "title": "", "text": "\"On thing the questioner should do is review the Summary Plan Description (SPD) for the 401(k) plan.  This MAY have details on any plan imposed limits on salary deferrals.  If the SPD does not have sufficient detail, the questioner should request a complete copy of current plan document and then review this with someone who knows how to read plan documents. The document for a 401(k) plan CAN specify a maximum percentage of compensation that a participant in the 401(k) plan can defer REGARDLESS of the maximum dollar deferral limit in Internal Revenue Code Section 402(g).  For example, the document for a 401(k) plan can provide that participants can elect to defer any amount of their compensation (salary) BUT not to exceed ten percent (10%).  Thus, someone whose salary is $50,000 per year will effectively be limited to deferring, at most, $5,000.  Someone making $150,000 will effectively be limited to deferring, at most, $15,000.  This is true regardless of the fact that the 2013 dollar limit on salary deferrals is $17,500.  This is also true regardless of whether or not a participant may want to defer more than ten percent (10%) of compensation. This \"\"plan imposed\"\" limit on salary deferral contributions is permissible assuming it is applied in a nondiscriminatory manner.  This plan imposed limit is entirely separate from any other rules or restrictions on salary deferral amounts that might be as a result of things like the average deferral percentage test.\""}
{"_id": "387022", "title": "", "text": "\"Yes, in my humble opinion, it can be \"\"safe\"\" to assume that \u2014 but not in the sense that your assumption is necessarily or likely correct. Rather, it can be \"\"safe\"\" in the respect that assuming the worst \u2014 even if wrong! \u2014 could save you from a likely painful and unsuccessful speculation in the highly volatile stock of a tiny company with no revenue, no profits, next to no assets, and continued challenges to its existence: \"\"There is material uncertainty about whether the Company will be able to obtain the required financing. This material uncertainty casts   significant doubt about the Company\u2019s ability to continue as a going   concern.\"\" As a penny stock, they are in good company. Still, there are a variety of other reasons why such a stock might have gone up, or down, and no one [here] can say for sure. Even if there was a news item, any price reaction to news could just amount to speculation on the part of others having enough money to move the stock. There are better investments out there, and cheaper thrills, than most penny stocks.\""}
{"_id": "387030", "title": "", "text": "While the other answers are good, I wanted to expand a little on why I feel a ROTH is a bad way to go unless you are young. First, let's pretend you have a 25% tax rate. And your investments will go up 5% per year for 10 years. You contribute 6% of income for one year. You can do a traditional or a roth 401k/IRA. Here's the math: Traditional: 6% of income invested. Grows at 5% for 10 years. Taxed at 25% on withdrawl. = (Income * 6%) * (1.05 ^ 10) * (100% - 25%) = (Income * 6%) * 1.63 * .75 = 7.33% of your original income - but this is after taxes ROTH: Taxes taken out of income. Then 6% of that goes into the fund(s). Still grows at 5% for 10 years. Not taxed at withdrawl. = (Income * (100% - 25%) * 6%) * (1.05 ^ 10) = (Income * 75% * 6%) * 1.63 = 7.33% of your original income - again this is after taxes. Look familiar? They are the same. It's the simple transitive property of mathematics. So why do a traditional vs. a ROTH? The reason is that your tax bracket changes. This changes because your income changes. Say when you retire you plan to have your home or vehicle paid for. You expect to be able to live on $50,000 per year. This means when you make MORE than $50,000 you should do a traditional plan and when you make less than this you should do a ROTH plan. Example: You make $100,000 and your upper bracket is now 30%. You save 30% by doing a traditional and then pay back 10, 20, and 30% as you withdraw a salary of $50,000. Traditional = better. Example: You make $30,000 annually. Your upper bracket is 20%. You pay 20% on a roth. Then you withdraw funds to get to $50,000 anually and never pay the higher bracket. Roth = better. ROTH advocates typically bring up tax rates. Of course they will go up they insist. So you always should do a ROTH. Not so fast. Taxes have gone down in recent years (No one please start a political debate with me. Some went up, some went down, but overall, federal income rates dropped). Even if taxes rose 5%, a traditional will still be better than a ROTH in many cases."}
{"_id": "387032", "title": "", "text": "\"&gt; The point of the article was although she clearly works her ass off, to the point of working 80 hour weeks, she can't afford basic needs. You can point out she isn't working 80 hours now, she has always at least worked full time. Yet she couldn't support herself and two children.. &gt; To me that's a failure on a collective level. It shouldn't be possible  So if instead of digging a hole with a shovel use a spoon so I work harder but the value Im delivering is less I should get paid the same or more? Who care how \"\"hard\"\" you work? Its meaningless.  What VALUE are you providing? That is the measure the market looks at, its the measure YOU look at when you go to spend your own money.  &gt; If a wage can't support a worker, one should support raising that wage.  What does this mean even? So I own a gas station. I am looking to hire a clerk for midday. You say I need to pay a living wage right? So I have 3 applicants.   1 is a high school dropout no kids just wants a steady job  1 is a college kid looking for beer money  1 is a mother of 2 hell lets even say one is special needs looking for full time work   Which living wage should I pay? They all have different needs and circumstances that will change that number\""}
{"_id": "387035", "title": "", "text": "Your gain is $1408. The difference between 32% of your gain and 15% of your gain is $236.36 or $1.60 per share. If you sell now, you have $3957.44 after taxes.  Forget about the ESPP for a moment. Are you be willing to wager $4000 on the proposition that your company's stock price won't go down more than $1.60 or so over the next 18 months? I've never felt it was worth it. Also, I never thought it made much sense to own any of my employer's stock. If their business does poorly, I'd prefer not to have both my job and my money at risk. If you sell now: Now assuming you hold for 18 months, pay 15% capital gains tax, and the stock price drops by $1.60 to $23.40:"}
{"_id": "387071", "title": "", "text": "Only one plan is reliable - be offspring of boss.  It's your failure if you didn't plan sufficiently.  Failure is guaranteed, otherwise.    (understand, I'm assuming you want to be paid a living wage.  the other options already being proposed don't provide that function)"}
{"_id": "387085", "title": "", "text": "If Tesla had an serious (hypothetical) problem with their powertrain that needed to be fixed, could they avoid a recall by having it fixed under this extended warranty?    Having the same repair performed under warranty would be less damaging to their reputation.  Could this be their motivation?"}
{"_id": "387086", "title": "", "text": "Republicans always refer to economic/financial bills they don't like as anti-consumer, but don't actually tell you how it's bad for the consumer.  This rule is the definition of consumer friendly in that it allows the individuals to consolidate their power in order to take on a large corporation that can afford to hire lawyers indefinitely."}
{"_id": "387110", "title": "", "text": "I think you are not liable for unauthorized charges (on your card) no matter how the number was lost. Most banks now apply a $0 liability for card losses. Some say they use the $50 per day (legal) liability limit but I have never heard of any actually applying it to their customers."}
{"_id": "387126", "title": "", "text": "Hopefully I can make this quick since your time is truncate.   No one is happy working 40 hours a week, and quite honestly, I don't think people are even happy working 30 hours a week. People generally do not like labor, especially if it is something they do not find fulfilling. A majority of Americans (and those abroad) only work as a means to survive. Wage (chattel) slavery has never, nor will it ever be a positive attribute to any society.   Also, although automation will cut down the time spent working (i.e., no longer required to work 40 hours a week), I am afraid that Americans will find themselves in trouble. If those who are currently working 40 hours a week now cannot afford basic healthcare and necessities of life, then God forbid we witness a reduction in the hours of labor. This will exacerbate the overburden social services (Medicare, Medicaid, SNAP, Social Security, etc.) that the country is currently having difficulties of dealing with as we speak, which will create a recipe for disaster.   By the way, I am always willing to chat with people of varying ideas and beliefs!"}
{"_id": "387141", "title": "", "text": "Well, Taking a short position directly in real estate is impossible because it's not a fungible asset, so the only way to do it is to trade in its derivatives - Investment Fund Stock, indexes and commodities correlated to the real estate market (for example, materials related to construction).    It's hard to find those because real estate funds usually don't issue securities and rely on investment made directly with them. Another factor should be that those who actually do have issued securities aren't usually popular enough for dealers and Market Makers to invest in it, who make it possible to take a short position in exchange for some spread. So what you can do is, you can go through all the existing real estate funds and find out if any of them has a broker that let's you short it, in other words which one of them has securities in the financial market you can buy or sell. One other option is looking for real estate/property derivatives, like this particular example. Personally, I would try to computationally find other securities that may in some way correlate with the real estate market, even if they look a bit far fetched to be related like commodities and stock from companies in construction and real estate management, etc. and trade those because these have in most of the cases more liquidity. Hope this answers your question!"}
{"_id": "387147", "title": "", "text": "\"Write means sell to open.  It is called that because options writers are creating (i.e. writing) new contracts. No such thing as \"\"reading\"\" an option.\""}
{"_id": "387149", "title": "", "text": "PO Box Santa Monica\u2019s services are listening carefully on the needs of the private mailbox renter in Santa Monica and West Los Angeles. We offer you 24-hour Package Access, Fax Services, Worldwide Mail Forwarding etc. you can call us at: (310) 450-4479"}
{"_id": "387162", "title": "", "text": "Nearly 3 years ago, I wrote an article, Betting on Apple at 9 to 2 which described a bet in which a 35% move in the stock returned 354% on the option trade. Leverage works both ways, no move, or a slight move down, and the bet would have been lost. While I find this to be entertaining, I don't call it investing.  With $2-$3K, I recommend paper trading first, and if you enter option trades, no one trade should be more than 20% of this money. If you had $50K in betting money, no position over 10%."}
{"_id": "387165", "title": "", "text": "It's quite common for VAT-registered businesses to quote ex-VAT prices for supply to other businesses.  However you're right that when you make an order you will be invoiced and ultimately have to pay the VAT-inclusive price, assuming your supplier is VAT registered.  If you're not clear on this then you should check since it obviously makes quite a difference. Since your business is not VAT-registered you cannot charge VAT to your customers."}
{"_id": "387175", "title": "", "text": "\"I can't find any specific loopholes listed there that he plans to close.  The only use of the word is  &gt;Meanwhile, loopholes favor those with the best lobbyists. If we close loopholes and lower the tax rate, the American people and corporations will win.  which is the same generic stuff he's been saying all along.  I'm guessing from your name \"\"optiontrader\"\" you know a lot more about this than I do so if there's something in there that I'm missing please point me to it.\""}
{"_id": "387186", "title": "", "text": "Usually, your situation is a generalized form of import/export, with you as the net exporter of goods/services and the individual consuming your goods/service as net importer. Import export laws vary from country to country but following are the general tariffs/taxes applicable: Export tax/duty: From your sovereign jurisdiction (read country/region/EU region), there could be export restriction or tariffs applicable to your exported goods/services on the other hand there may not be any, check with EU export law on this and then your country specific law. If there is any tax/tariff payable, you shall have to pay the same on the transactions. Import tax/duty: This is more related to your customer who is purchasing the goods/services from you, however, you should know this. Your customer will be liable to pay any import tax/duty as applicable for importing of your goods/services in that country/region, if it is applicable. Shipping Insurance: If it is a physical goods, there would be shipping and with shipping comes insurance and indemnity (if applicable). So there is a cost to it, you need to be aware of this. Sales Tax: There is no Govt. on earth or history which does not or did not charge sales tax in some form or the other. EU/country will also have sales tax, you should be aware of this as per transaction you may have to pay sales tax to the Govt. This would add to the cost. Credit of Foreign Currency Payments: Some countries have tax/tariffs attached to foreign currency credits/transfers or bank charges attached to the same, you may have to open specific type of bank A/C to receive the credits. These laws are specific to country/region, you should be aware of the same. The above are generic considerations and not specific to EU and to a greater/lesser extent applicable to all countries/regions. Best would be to search the net on the above points for EU region and get answers or approach a chartered accountant who will give you all the information."}
{"_id": "387188", "title": "", "text": "\"As an investor, I try to interpret the suits as an attempt to in some way influence the actions of the company - and not, usually, as a serious legal threat (or as likely to lead to serious legal consequences). My (shallow) understanding (as a non-lawyer) is that the requirements for a lawsuit to be filed as class-action suit are (relatively speaking) easier to meet when the company is publicly traded - the shareholders are more easily described as a \"\"class\"\". So it's more common for lawsuits that involve stock holders for large, publicly traded companies to be registered as class action suits. Class action suits include a requirement for some advertising and notifications (so all members of the class become aware of the suit, and can decide whether to participate). So, these types of suits can be started with various goals in mind, goals which might be achieved without the suit ever going anywhere - including to gain some publicity for a particular point of view, or to put pressure on the company to perform particular actions. In most cases, though, they are the result of misunderstandings between the various parties with an interest in how the company is run - shareholders, directors and/or executive officers. For most cases, the result of the suit is a more in depth sharing of information between the parties involved, and possibly a change in the plans/actions of the company; the legal technicalities differ from case to case, and, often, the legal consequences are minor.\""}
{"_id": "387194", "title": "", "text": "&gt;IOW, everyone is perfectly free to instantaneously decide that a dollar is worth only 1/1,000,000,000th of an orange, and oranges would instantly cost a billion dollars. Oranges cost less than that not because the government sets the price of oranges, but purely because that's what the market agrees to.   This shows a profound misunderstanding of how fiat currencies work.  The demand for fiat currencies comes from the fact they are necessary to pay taxes and debts.  Other currencies/commodities will not be recognized as settlement of debts in court disputes, so they would first need to be sold onto the market in exchange for the fiat currency.  Individuals can't simply *decide* what the relative value of certain goods and services are.  The market does that, collectively via voluntary trade.  &gt;I'm explaining internal combustion for a 5-year-old, and you're calling it inaccurate and misleading because it doesn't address the sociological implications of American car-culture.   Hahah, you're confusing the oil for the gasoline!"}
{"_id": "387205", "title": "", "text": "...Hmm..Very fair point...I mean, this is theoretically what the earlier stated rule is for, but in this case, it probably wouldn't work...Maybe some sort of blanket exception for small/starting businesses, as certain places that have $15 minimum wages already have? Also, I should note that a teenager would probably be exempt from any such law in the first place, as they're already getting support from their parents and, thusly, already have a livable wage, as it were. This is why I mentioned that part earlier regarding part-time jobs, since people working such jobs already generally have another resource for basic needs.  I should note I'm about to go to bed, because it's midnight where I live. That said, this has actually been a very enlightening discussion. You've given me a lot to think about. I'll do some further research and, if you'd like to continue this discussion in roughly eight hours, that'd be just fine."}
{"_id": "387209", "title": "", "text": "There are different types of leather handbags 247 Australia and all of these items are very impressive and with high quality. If you are planning to buy your own handbag now, do not hesitate to locate these items. The best thing you can do to find them is to start visiting the web and locate the website of the exact manufacturer."}
{"_id": "387218", "title": "", "text": "\"Generally, yes, although not in all states.  According to this article in Time: But in non-recourse states \u2014 Alaska, Arizona, California, Connecticut, Florida, Idaho, Minnesota, North Carolina, North Dakota, Texas, Utah, and Washington \u2014 the bank has no recourse beyond the repossession of the property. As for the question about what price the bank can sell it: again, each state makes its own rules, and states may have rules against selling it for much below market value. Quick Google for \"\"ohio state law foreclosure deficiency judgement market value\"\" turned this up:  Limitation on Deficiency Judgments. The property cannot be sold at foreclosure sale for less than two-thirds of the appraised fair market value. (Ohio Rev. Code \u00a7\u00a7 2329.20, 2329.17).   (source:   http://www.nolo.com/legal-encyclopedia/deficiency-judgments-after-foreclosure-ohio.html)\""}
{"_id": "387230", "title": "", "text": "You need to find a good balance for exactly that reason and with Germany having nearly full employment and many people still having to relying on the government, it is something we have to address. Especially if we want to get rid of our import deficit.   I agree with the notion though that the US has many problems that we would consider basic."}
{"_id": "387246", "title": "", "text": "&gt;Do you know what a derivative is? Did you know it is possible to own derivatives of assets that you do not own? Did you know there are derivatives of derivatives? Did you know that the derivatives market is many times larger than all the money on earth?  Yes, I know all of those things.  I studied finance.  I am a financial analyst by profession.  &gt;It is way beyond what any human can comprehend let alone regulate.  Every trade was either made by a human or made by a computer being instructed to do so by a human.  Stop making it to be a big grandiose thing that nobody understands because most people can't understand it.  Is economics fully understood?  No, it never has been and it never will be.  But we're not talking about economics, we're talking about finance, aren't we?"}
{"_id": "387248", "title": "", "text": "oh Yay!!!  Tax cuts for the rich, just in time to maximize their profits from the Feds garage sale of goodies . . .  Ahh .  . . .its a good thing all the Goyim are paying attention to the foot ball thing or they just might wake and start to ask stupid questions and we will have to explain to them why low taxes for the rich is good for the poor."}
{"_id": "387250", "title": "", "text": "Theoretically there is always a time value of money. You'll need to keep your cash in a  Money Market Fund to realize its potential (I'm not saying MMFs are the best investment strategy, they are the best kind of account for liquid cash). Choose an accounts that's flexible with regard to its minimum required so you can always keep this extra money in it and remove it when you need to make a payment."}
{"_id": "387261", "title": "", "text": "So if China produces cars, that will convince people who want to drive a BMW or Mercedes how exactly?  There are already cars that give you a better bang for their buck and yet Germany still sells cars and that has not only to do with quality construction but also quality engineering and design.  That the German car industry will be dying out if they continue their anti-electricity stance and backwards mobility philosophy is another thing."}
{"_id": "387273", "title": "", "text": "Look into commodities futures & options. Unfortunately, they are not trivial instruments."}
{"_id": "387277", "title": "", "text": "ETFs are just like any other mutual fund; they hold a mix of assets described by their prospectus. If that mix fits your needs for diversification and the costs of buying/selling/holding are low, it's as worth considering as a traditional fund with the same mix. A bond fund will hold a mixture of bonds. Whether that mix is sufficiently diversified for you, or whether you want a different fund or a mix of funds, is a judgement call. I want my money to take care of itself for the most part, so most of the bond portion is in a low-fee Total Bond Market Index fund (which tries to match the performance of bonds in general). That could as easily be an ETF, but happens not to be."}
{"_id": "387304", "title": "", "text": "\"Generally you do not pay taxes on insurance payouts that occur because of some kind of loss, provided you paid the premiums yourself. \"\"Generally, if you're paying premiums yourself, such as for homeowners insurance and auto insurance, then your insurance benefits are not a taxable event,\"\" says Adam Sherman, CEO of Firstrust Financial Resources in Philadelphia. \"\"Your benefits are reimbursement for expenses, rather than income.\"\" It's not as straightforward for death benefits and life insurance.\""}
{"_id": "387306", "title": "", "text": "LaRouche is not right wing.  get your facts straight man.  he's calling for a new deal 2.0.  that seems more like Roosevelt Democrat.  The larouche movement laughs at the Ron Paul mises libertarian austerity economic bullshit.  Webster Tarpley used to be on the LaRouche movement, and Webster is all for more power to social programs and called out the Ron Paul campaign's deceit even before support for romney was announced."}
{"_id": "387338", "title": "", "text": "With a Roth IRA, you can withdraw the contributions at any time without penalty as long as you don't withdraw the earnings/interest. There are some circumstances where you can withdraw the earnings such as disability (and maybe first home). Also, the Roth IRA doesn't need to go through your employer and I wouldn't do it through your employer. I have mine setup through Fidelity though I'm not sure if they have any guaranteed 3% return unless it was a CD. All of mine is in stocks. Your wife could also setup a Roth IRA so over 2 years, you could contribute $20,000. If I was you, I would just max out any 403-b matches (which you surely are at 25% of gross income) and then save my down payment money in a normal money market/savings account. You are doing good contributing almost 25% to the 403-b. There are also some income limitations on Roth IRAs. I believe for a married couple, it is $160k."}
{"_id": "387344", "title": "", "text": "\"As for the letting the \"\"wise\"\" people only make the decisions, I guess that would be a bit odd in the long run. Especially when you get more experienced or when you don't agree with their decision. What you could do, is make an agreement that always 3/4 (+/-) of the partners must agree with an investment. This promotes your involvement in the investments and it will also make the debate about where to invest more alive, fun and educational). As for the taxes I can't give you any good advice as I don't know how tax / business stuff works in the US. Here in The Netherlands we have several business forms that each have their own tax savings. The savings mostly depend on the amount of money that is involved. Some forms are better for small earnings (80k or less), other forms only get interesting with large amounts of money (100k or more). Apart from the tax savings, there could also be some legal / technical reasons to choose a specific form. Again, I don't know the situation in your country, so maybe some other folks can help. A final tip if your also doing this for fun, try to use this investment company to learn from. This might come in handy later.\""}
{"_id": "387400", "title": "", "text": "I quit diligently reconciling monthly statements some years before everything was online, when I realized that for years before that, every time I thought I found a mistake, it was always my own error. I was spending a fair amount of time (over the years) doing something that wasn't helping me. So I quit. That said, I do look at the statements and/or check the transactions on a regular basis (I now use email notifications of automatic deposits as the trigger, and then look over withdrawals, too) to make sure everything looks appropriate. I'm less concerned about a bank error than I am about identity or account theft."}
{"_id": "387411", "title": "", "text": "Thanks /u/LupusSuperius . Great information. Do you have any terms  or articles(perhaps on investopedia or similar)you can recommend I search for how much debt is ideal to take on for a start up?  I'd like to learn more instead of getting you to do my homework if that makes sense.  My simulation is similar to Capsim. We've made two strategic decisions: 1. We went capital intensive in the first year to build up factory capacity. Year 1 we have very little R&amp;D, but year 2 we plan to increase R&amp;D budget.   Since it is a capital intensive year, should that capital expenditure be funded by debt entirely and I leave equity alone? I noticed this drives down my WACC, but I see a decrease in NPV because of increased interest payments. Also does it make sense to increase the debt to pay for R&amp;D as well? The way I see it paying for the manufacturing plant on debt isn't bad because you get an asset out of it at the end, but paying for a R&amp;D program seems foolish because in this simulation there's a chance your R&amp;D program fails and does not provide results, so we would  see no return on the debt in that case.   Thanks again."}
{"_id": "387419", "title": "", "text": "As a car guy, I would question the wisdom of putting in a new (read - usually reman) engine into an 8yo car. Unless the engine is known to have longevity issues, I'd try to find a good used one, say from a crashed car, and swap that in. The labor part is going to be roughly the same obviously but if the cost of the engine halves, you might still end up with cash in your pocket. This mainly works if the cost of the engine is substantially higher than the labour, if it's the other way round get a new/reman engine with a warranty."}
{"_id": "387424", "title": "", "text": "Using the blockchain, you are able to provide services in a more productive manner - whether it's security, pricing, efficiency or any of the other benefits you are able to extract from that technology. The point is you are gaining a competitive edge by harnessing the blockchain, which will allow you to (hopefully) disrupt the market you are aiming for. Good luck!"}
{"_id": "387427", "title": "", "text": "Couldn't the government arrange to reimburse the airlines, or simply write it in as a duty that comes with airway access?  It seems like what you're telling me is that the FAA didn't negotiate in the best interests of the public when it comes to emergency prep."}
{"_id": "387435", "title": "", "text": "\"This is a very disingenuous argument.  The tax subsidies for electric cars aren't for Tesla.  They are for the development of an electric car industry in the United States, hopefully comprising many different car manufacturers, not just Tesla.  It's very convenient to take the tax subsidies for a decade, establish your business, then say \"\"Well, we don't need these anymore so therefore nobody should have them.\"\"  It would be a massive institutional hurdle for a competitor to start-up under those circumstances, significantly increasing start-up costs.  I'll cede that perhaps the subsidies can be used as advertisements against his company by traditional car companies, but the competitive advantage Tesla would have by reduced competition by ending the subsidies would grossly outweigh that (something Musk conveniently omits).  The subsidies should remain in place until there is at least one significant competitor to Tesla in electric car production (and preferably several).  It's not about one company.  It's about an industry.\""}
{"_id": "387463", "title": "", "text": "Plus healthcare/dental/vision  That's an additional $6,000/year (bringing her wage to $17.13/hour) for one individual. I'm not sure if Walmart covers family plans though but if they do, that's $14,400/year for a family plan (bringin her wage to $21.50/hour).  You always need to account for the benefits of a job. Taking a position that pays $14/hour with a full family plan is better than taking a $20/hour job with no health insurance."}
{"_id": "387465", "title": "", "text": "There should be.  The CPPIB (Canadian Pension Plan Investment Board) is one of the most well-funded pension plans in the world. Your question is also their #1 FAQ. Unlike many other countries, the measures were taken long ago, in that the fund was set up to be sustaining from investments and contributions; rather than just contributions. That said, the amount that CPP pays is not very much.  The maximum benefit is about $11,000 per year, and not many people I know can live on that little.  So you really should be trying to do something to augment that, if you are able."}
{"_id": "387466", "title": "", "text": "Internal billing might make sense in some businesses, not so much in other. Personally, I hate it with a passion. I used to work for a big newspaper that is part of a huge media company with several other papers. We shared a huge archive with newspaper clipping that go back for 140 years, with a huge staff of excellent archivists - so this was a big asset. Every time I started on a new story my first call was to them, usually they would provide me with an overview of about 20 relevant articles - that saved me lots of time and got me quick up to speed.   Then the business consulting types came in and decided the archive needs to be a profit center in its own right, billing each research request individually to each paper. Two months after they changed that we were ordered by our editors in chief not to use the archive as much as we used - in fact most of them said that archive use was only permitted if all other ways or research had failed. Even the use of the electronic archive over our intranet was billed against us. So the professional database had been built up over many decades, it was ready and easy to use - but we had to stick with google. Half a year later they started downsizing the archive, because for some weird reason their workload had dropped by half. The fact that our rate for errors in article had gone up was *obviously absolutely* unrelated."}
{"_id": "387479", "title": "", "text": "Manufacturer of\u00a0Quartz\u00a0Powder in India http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php Supplier of Quartz Powder in India, Manufacturer of Quartz Powder in India - We are prominent company engaged in offering superior quality Quartz Powder. We provide Quartz powder in the form of snow white, milky white, super semi and semi white. Quartz powder is used for fiber glass, glass floats, insulator, sanitary ware, refractory, paint, television picture tube and semi-conductors."}
{"_id": "387492", "title": "", "text": "\"There are probably 3-4 questions here.  Diversification - A good index, a low cost S&P fund or ETF can serve you very well. If you add an extended market index or just go with \"\"Total market\"\", that might be it for your stock allocation. I've seen people with 5 funds, and it didn't take much analysis to see the overlap was so significant, that the extra 4 funds added little, and 2 of the 5 would have been it. If you diversify by buying more ETFs or funds, be sure to see what they contain.  If you can go back in time, buy Apple, Google, Amazon, etc, and don't sell them. Individual stocks are fun to pick, but unless you put in your homework, are tough to succeed at. You need to be right at the buy side, and again to know if, and when, to sell. I bought Apple, for example, long ago, pre-last few splits. But, using responsible a approach, I sold a bit each time it doubled. Has I kept it all through the splits, I'd have $1M+ instead of the current $200K or so of stock. Can you tell which companies now have that kind of potential for the future?  The S&P has been just about double digit over 60 years. The average managed fund will lag the S&P over time, many will be combined with other funds or just close. Even with huge survivor bias, managed funds can't beat the index over time, on average. Aside from a small portion of stocks I've picked, I'm happy to get S&P less .02% in my 401(k). In aggregate, people actually do far worse due to horrific timing and some odd thing, called emotions.\""}
{"_id": "387510", "title": "", "text": "\"If my wife and I tried this, we'd call it grounds for divorce. However, I think most long term couples actually do this, and it is just a budget.  It is common practice for two spouses to deposit money into a single checking account.  All of the household expenses are then paid from that single account.  Same as you describe: if I spend money from the joint checking that is less money available to my wife. Based on your dollar amount, I'd have to say great work on thinking about saving early on in life.  I think though, if you are actually starting out, getting into the habit of saving a \"\"dime of every dollar\"\" would be more beneficial. At some point your income will increase, and when it does so should your savings.  By \"\"paying yourself first\"\" your savings will keep pace with your spending and you will be a happier person when you income starts to fall again.\""}
{"_id": "387515", "title": "", "text": "How about looking into the market price of risk?  Ive always wanted to know if risk is or should be priced the same across markets/asset classes/etc.  Eh? Let me know what you figure out.  Edit:  I just realized you people probably consider it to be the Sharpe ratio. That's not what I meant. I meant in the sense of option pricing."}
{"_id": "387521", "title": "", "text": "As long as the tax rate is below 100%, there is still money to make. You pay taxes on your gain, not on your trading volume. Taxed income is still income - many people seem to get that wrong."}
{"_id": "387547", "title": "", "text": "It is my understanding that the money in the HSA is yours to keep forever, even if you leave the country.   When you leave the country and no longer have an HSA-eligible High Deductible Health Plan, you will no longer be able to contribute new money to your HSA.  However, you can still spend the money on eligible medical expenses, even if these expenses are outside the U.S.  However, there are a few caveats: The HSA money will remain in a U.S. HSA bank account.  You won't be able to transfer the entire account to a new account in your home country without paying taxes and penalty.  Therefore, you need to have a mechanism for accessing and transferring the money from abroad, so that you can reimburse yourself as you have medical expenses, until the HSA account is empty. Even after you leave the U.S., as long as you have the HSA in place, you will need to file a U.S. tax return (form 1040NR) in any year that you have an HSA distribution. If you decide to take the money out without medical expenses, you will need to pay income tax on the money plus a 20% penalty. See How do I withdraw all money from my HSA account as a non-resident? for more information."}
{"_id": "387555", "title": "", "text": "The interest probably accrues daily, regardless of whether your payments are on time."}
{"_id": "387573", "title": "", "text": "Many of the Financial intermediaries in the business, have extraordinary high requirements for opening an account. For example to open an account in Credit Suisse  one will need 1 million US dollars."}
{"_id": "387574", "title": "", "text": "\"BYOD is one of the problems [VMWare Octopus](http://www.vmwareoctopus.com/) will hopefully solve.  I went to a demo of it last month and it looks promising because it creates a virtual \"\"work phone\"\" that can have all the security and limitations a company demands while leaving the normal phone in tact and unlimited as far as dropbox, etc.\""}
{"_id": "387578", "title": "", "text": "If you don't track the accrued costs involved, then it means that the valuation of the deal will be somewhat arbitrary, but it still can be made by looking at the value of equivalent or similar goods or services. It's rather similar to accounting treatment of (noncash) gifts, for example. You make up a valuation, and as there are obvious tax reasons to make it as low as possible, the valuation should be justifiable or you risk the wrath of IRS. If you sell the same goods or services for cash, then the value of the barter deal is obvious. If this barter is the only time you're handling this particular type of goods, a wholesale price of similar items (either of your items, or the items that you're receiving in barter) could work."}
{"_id": "387583", "title": "", "text": "You say that the parent poster is wrong, but what exactly are you disagreeing with? Sure, we should have more stringent requirements on labelling. I agree. But do you disagree that the product is safe? Do you disagree that it's a good thing to use animals in an efficient way? Is it OK that this company is being forced out of business because some of their clients were misleading their customers? This company, BPI, are not the ones who were interacting with the end customers."}
{"_id": "387587", "title": "", "text": "&gt;*Count yourself fortunate, or something, if you\u2019re among the 48 percent of Americans who can cough up a spare $400 in emergency cash without having to beg, borrow or steal. According to a Federal Reserve report on American households\u2019 \u201ceconomic well-being\u201d in 2013,  fewer than half of all Americans said they\u2019d be able to come up with four Benjamins on short notice to deal with an unexpected expense.*  &gt;*The report, released last week by the Board of Governors of the Federal Reserve, indicates a disparity between how Americans view their financial situation and the reality of where their finances actually stand \u2014 a signal that the recession of the late 2000s fundamentally altered the concept of doing well for many, as well as an indication that the subsequent recovery may yet be more nominal than real.*  Cross-post from /r/MAConservative"}
{"_id": "387608", "title": "", "text": "Bi-weekly salaries often assume a 364-day year, and pay you 1/26 of your annual salary every two weeks. So you actually gain an extra week's salary every five or six years."}
{"_id": "387610", "title": "", "text": "I don't know. That's not really my call. I know that he is not in America. I know that he thought he was going to be punished so he left. I know he felt that getting the information out was worth the risk of going to jail for.   Also you now get into if it's ok to preform an illegal act to expose an illegal act.   We are talking about a subway owner who created fake employees in order to pay his minimum wage guys less money."}
{"_id": "387647", "title": "", "text": "Don't worry about minimizing taxes too much - worry about maximizing post-tax income.  Keep in mind that if you just got a job then it's likely that the taxes being automatically withheld are based on the assumption you've been earning this much all year, which could mean that you're likely going to be due a refund come April (basically, if you're making 100k/year, but only actually getting 20k this year, they'll still take taxes out as though you were making the full 100k).   If you're maxing out your 401K, you can also contribute to an IRA to reduce taxes (or contribute to a Roth to invest more if you max it out).   For investment I like Betterment, it's well diversified and avoids many common investment pitfalls.  Much better than a savings account, but you should also consider the need to have readily-accessible money in case of emergencies."}
{"_id": "387648", "title": "", "text": "He's complaining about the post freezing a pension and requiring employees to waive their right to sue when terminated to receive severance. Freezing pensions is becoming standard because it's an outdated and expensive way to fund retirement. Requiring a waiver for severance is standard.   This guy comes off like a whiner that doesn't know the way the world works. There is probably a reason the post was in trouble before Bezos."}
{"_id": "387652", "title": "", "text": "You can't follow the logic because it doesn't make any sense. Anyone who understands monetary theory can see that. It's actually disgusting that he is using his wealth to promote this idea. And it's embarrassing to anyone who is economically literate."}
{"_id": "387667", "title": "", "text": "The Big Mac with that tangy Thousand Island-like sauce and those little diced onions is perhaps my greatest guilty pleasure. I like to think my palate is on the more refined side, but damn if I can't resist a Big Mac every now and again."}
{"_id": "387700", "title": "", "text": "\"You are a \"\"strategic\"\" investor, which is to say that you are in the best position to evaluate the deal because you already live there. Others don't have this advantage going in, which is why they might not be inclined to do what you're doing. Your biggest advantage is that you know at least one tenant. In essence, you are your own \"\"tenant\"\" for the top floor You also presumably have a pretty good idea of the neighborhood. These are arguments for owning your own home, although it does get a bit trickier with a second tenant, whom you may not know. Do check credit and references, etc. You might ask the landlord why he wants to sell. Presumably it's because he wants to retire or move, and not a problem with the property. But it does no harm to ask.\""}
{"_id": "387701", "title": "", "text": "\"&gt; Asset prices are high and not matched by real world performance.  See, I know a lot of people are saying this, but I'm not entirely sure this is true. Even if some tech stocks are \"\"artificially\"\" boosting the market to crazy levels, can you say it's not warranted? The potential for many are far beyond what we see today. I don't see the current tech stock boom being unable to fulfill like the 1990s boom, and subsequent bust. The infrastructure and logistics weren't there in 1999. They are now.  Beyond tech, businesses are doing pretty well. Up and down, earnings reports are looking good. Stocks are high, but still somewhat based on real numbers. Same could be said for real estate. The demand is real, the prices are high, but it's based on demand.  The danger is what we're missing, just like in 2008. Chances are, there is a fiction out there. Maybe the fiction is in these tech stocks. Maybe it is on mortgages again. I'm not seeing it. There were people prior to 2008 sounding alarm bells about the real estate market. I haven't seen the equivalent today. In fact, I've seen more people trying to figure out how the heck the next correction will come, and nobody really can answer it. At this rate, there might not be a \"\"built in\"\" cause, and might come externally like Trump going nuts and launching nukes, or another terrorist attack.\""}
{"_id": "387702", "title": "", "text": "No, there is no linkage to the value of real estate and inflation. In most of the United States if you bought at the peak of the market in 2006, you still haven't recovered 7+ years later. Also real estate has a strong local component to the price. Pick the wrong location or the wrong type of real estate and the value of your real estate will be dropping while everybody else sees their values rising. Three properties I have owned near Washington DC, have had three different price patterns since the late 80's. Each had a different starting and ending point for the peak price rise.  You can get lucky and make a lot, but there is no way to guarantee that prices will rise at all during the period you will own it."}
{"_id": "387709", "title": "", "text": "Holy shit man, you must have some deep seated issues to get this bent out of shape about the way people choose to buy their mattress.  FYI: most of the major online mattress companies offer something like a 100 day no questions asked return policy, which is a hell of a lot longer than the minute or so people usually spend on the in-store models. Let me name you a few reasons why this \u201cknow-nothing millennial\u201d purchases their mattress online:  * You don\u2019t have to deal with annoying sales people * You can actually read the good and bad customer reviews about the product you are about to spend 1/3 if your life on * You don\u2019t have to deal with annoying, uninformed, money-grabbing sales people * Consumer reports has a review for the exact model you intend to buy online versus whatever 12 in-store mattress are the flavor of the month  * You can get a VERY comfortable mattress for 2/3 or 1/2 the price of an in-store mattress * Did I mention that you don\u2019t have to deal with cost-inflating-so-they-get-a-bigger-bonus sales people?"}
{"_id": "387715", "title": "", "text": "Buying is not always better than renting, even if you aren't mobile! That depends on local market conditions.  If you're investing the money reasonably you may do as well as or better than the house-buyer, and your funds will be tremendously more liquid."}
{"_id": "387717", "title": "", "text": "Real estate investment is a proven creator of wealth.  Check into the history of the rich and you will find real estate investment. Starting your investment in multi-family is a great idea.  It is a good way to gain experience in real estate while exponentially increasing cash flow. If you turn the properties over to a reputable property management company, your cash flow will be a little less but so will your headaches. (Expect to pay 8 - 10% of gross income.) You could start investing now by looking into discounted real estate such as foreclosures, tax sales, short sales etc while the market is still depressed.  This way your return on investment should be higher. From there you could expand into land development (i.e. subdivision) or commercial investments. Commercial properties with triple net leases can be a great low-stress investment opportunity (but they take more cash upfront). Attending some local real estate investment classes would be a great idea for starters."}
{"_id": "387722", "title": "", "text": "\"The mortgage has a higher interest rate, how can it make sense to pay off the HELOC first?? As for the mutual fund, it comes down to what returns you are expecting.  If the after-tax return is higher than the mortgage rate then invest, otherwise \"\"invest\"\" in paying down the mortgage.  Note that paying down debt is usually the best investment you have.\""}
{"_id": "387723", "title": "", "text": "\"Diversify between high risk, medium risks investments as well as \"\"safe\"\" ones like bonds authored directly from the EU.  All in all you re much better off than lending money to the bank through a savings account for no more than 1% in interest rate(given the current NL situation).  Congratulations on becoming financially independent(your investments covering your living expenses) in as low as 9-15years from now.\""}
{"_id": "387747", "title": "", "text": "All that it is saying is that if you withdraw money from your account it doesn't matter whether it has come from dividends or capital gains, it is still a withdrawal. Of course you can only withdraw a capital gain if you sell part of the assets. You would only do this if it was the right time for you to sell the asset."}
{"_id": "387749", "title": "", "text": "\"*\"\"At our current rate of pay, New York City Police officers are still among the lowest paid big city police officers in the nation,\"\" said Patrick Lynch, head of the New York City Patrolmen's Benevolent Association, the city's largest police union.*    *The special-ops sergeant who made $265,059 is the highest paid policeman so far this year. His pay includes $115,394 in overtime. Besides the aviation director's pay, it also outstrips Chief Financial Officer Michael Fabiano's earnings of $257,814.*  $265,059-115,394=$149,665. (not including OT)  Assuming they work 40h/w @ $149,665 = $71/hour... whereas a $35,000 salary puts you at $16/hour.  Even $70,000 puts you at $32/h.  How much do big city cops make??\""}
{"_id": "387767", "title": "", "text": "Stock prices are indeed proportional to supply and demand. The greater the demand for a stock, the greater the price. If they are, would this mean that stock prices completely depend on HOW the public FEELS/THINKS about the stock instead of what it is actually worth? This is a question people have argued for decades. Literature in behavioral finance suggests that investors are not rational and thus markets are subject to wild fluctuation based on investor sentiment. The efficient market theory (EMT) argues that the stock market is efficient and that a stock's price is an accurate reflection of its underlying or intrinsic value. This philosophy took birth with Harry Markovitz's efficient frontier, and Eugene Fama is generally seen as the champion of EMT in the 1960's and onward.  Most investors today would agree that the markets are not perfectly efficient, and that a stock's price does not always reflect its value. The renowned professor Benjamin Graham once wrote: In the short run, the market is a voting machine but in the long run it is a weighing machine. This suggests that prices in the short term are mainly influenced by how people feel about the stock, while in the long run the price reflects what it's actually worth. For example, people are really big fans of tech stocks right now, which suggests why LinkedIn (stock: LNKD) has such a high share price despite its modest earnings (relative to valuation). People feel really good about it, and the price might sustain if LinkedIn becomes more and more profitable, but it's also possible that their results won't be absolutely stellar, so the stock price will fall until it reflects the company's fundamentals."}
{"_id": "387779", "title": "", "text": "Approach her. Always stick up for yourself. She's fifteen feet away, so call her out on her bullshit.   And don't hold it in until you explode. You should always verbally stick up for yourself.   People telling you just to quit are big fucking pussies. It's the worst advice I could possibly imagine that everyone just blindly upvotes.   Fight! Don't quit!  Also, though, *do* be looking for another job."}
{"_id": "387780", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://trofire.com/2017/07/25/healthcare-ceos-pull-nearly-10-billion-7-years-republicans-blame-obama-rising-costs/) reduced by 86%. (I'm a bot) ***** &gt; Over the last 7 years, 70 healthcare CEOs combined have pulled in more than $9.8 BILLION dollars in pay.  &gt; According to a new report, the cumulative salaries of 70 healthcare company CEOs, for the last seven years, was 9.8 billion dollars.  &gt; If Obamacare was hurting the healthcare industry, they wouldn&amp;#039;t be pulling in billions of dollars in profit a year, paying their CEOs millions and millions of dollars, and now we have the Republicans attempting to strip healthcare from 22 million people, under the guise that Obamacare is to blame for all of our problems.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pnvly/healthcare_ceos_pull_in_nearly_10_billion_in_7/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~175990 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **healthcare**^#1 **million**^#2 **dollars**^#3 **year**^#4 **CEO**^#5\""}
{"_id": "387782", "title": "", "text": "\"As a financial advisor, I certainly don't regret it. However, I do see it as a stepping stone being that it's my first real job out of college.  Even though the job is extreme sales of insurance and investments, I feel that I've developed a plethora of people skills and worldly knowledge just by meeting with so many different people\u2013whether existing or new clients whom I've \"\"brought onboard.\"\"   My true passion is trading currency. I'm currently working on branching out into that field.\""}
{"_id": "387785", "title": "", "text": "\"&gt; Our cars are at least 10x safer  [Citation needed] Oh; and \"\"Tesla PR spam\"\" is *not* a reputable source.  Maybe *yours* is; mine are 13 and 18 years old. [A *lot* of people](https://finance.yahoo.com/news/vehicles-getting-older-average-age-120000267.html) are in the same situation.\""}
{"_id": "387801", "title": "", "text": "In the scenario you describe, and really, in any scenario, by the nature of how option contracts work: a higher strike put will necessarily be more expensive than the lower strike put (everything else being equal). the lower strike call will necessarily be more expensive than the higher strike call (everything else being equal). In put options, the buyer has the right to sell stock for the strike price. So the higher the strike price, the more money the buyer of the put option can make by selling the shares of stock at a higher price. In call options, it's the exact opposite: buyers of the call option have the right to buy stock at the strike price. The lower the strike price, the better for the buyer: they have the right to buy stock for a lower amount of money. So it must be worth more."}
{"_id": "387806", "title": "", "text": "Hardly anyone retail shops on eBay, this is visible just on the [Google trends compared to the two other competitors](https://trends.google.com/trends/explore?date=all&amp;q=amazon,ebay,walmart) mentioned here.  Notice, compared to those two, eBay has basically no holiday season bump?  It's peak was in December 2007 and since then Amazon's been eating it's lunch and even Walmart gained a little ground.  As eBay transitioned from fleamarket to Chinese junk retailer, to compete with Amazon, one major thing it lost out on was reviews.  Every item from every merchant is it's own listing with no history (beyond merchant reputation).  Add onto that, the fact you're not dealing with a single entity (like Amazon) and it's a bust.  That's why, even if I'm not intending on buying it from Amazon, I browse it to see the reputation of the product.  Oftentimes, I buy a competitor's product from there.  Even Walmart has it.  Ebay has little to none of that - essentially buying blind.  Price-matching a tiny subset of product won't fix shit."}
{"_id": "387836", "title": "", "text": "Brake failures rarely happen out of the blue, and tell-tale signs usually alert you to potential problems. Fast Lane Automotive, an Orlando auto repair shop, said that by taking note of these symptoms, you can avoid major mishaps."}
{"_id": "387854", "title": "", "text": "&gt;How do we know that's the reason? There's also more used cars in the wild now, and cars tend to last a lot longer than they used to.  Average age of cars on the road also went from 3-5 years to 8-12 years now.  People don't own cars longer because they last longer, they own cars longer because they are not as easily able to afford another.  THAT is the main issue.    GDP has gone up (although this statement is suspicious when you factor in inflation), but median income has actually gone down adjusted for the 1960s/1970s projected rates.  People with more disposable income buy more cars, when there is more $$$ available to the average person they are not frugal and fix up their old car, they go out and buy a new one.  So what we have seen are not only fewer cars being sold every years since 1969 but also that people are forced to own cars longer to save $$."}
{"_id": "387858", "title": "", "text": "Why wouldn't you expect a long-term profit?  Say you buy 100 shares of company X, selling for$1/share today.  You hold it for 20 years, after which it's worth $10/share (in inflation-adjusted dollars).  So you've made a profit, only making two trades (buy & sell).  What the algorithmic traders have done with short-term trades during those 20 years is irrelevant to you. Now expand the idea.  You want some diversification, so instead of one stock, you buy a bit of all the stocks on whatever index interests you, and you just hold them for the same 20 years.  How has what the short-term traders done in the intervening time affected you?"}
{"_id": "387863", "title": "", "text": "Because people have the protestant ideal of working hard = good. And long means hard. It would require a gigantic shift into an egalitarian mode. Working to live, not living to work, and it's not a small step to take, since the industrial revolution, it's been the fact de jour.  And no one has to get fired, people just need to take the 30 hour work week seriously, and manditory vacation time for example. Has to be everywhere though, or else the workaholics will skew the system."}
{"_id": "387871", "title": "", "text": "You mean at what point would my mom and I agree to stop paying before I made myself and my own family destitute?  Not to mention, you're completely ignoring the selfishness of my desire to keep my mom through the suffering her disease inflicts on her."}
{"_id": "387874", "title": "", "text": "Its amazing that Amazon are able to convince people to pay to lock themselves into one supplier. Clearly people feel that the benefits are worthwhile otherwise they wouldn't do it. But still... not so many businesses can boast that people are literally paying the business to shop with them..."}
{"_id": "387876", "title": "", "text": "You need to check with your employer. It is called an in-service rollover and it is up to your employer on whether or not it is allowed. There are a lot of articles on it but I would still talk to a professional before making the decision. And there are some new laws in place that put at least some responsibility on your employer to provide a 401k with reasonable options and fees. http://www.latimes.com/business/la-fi-court-edison-401k-fees-20150519-story.html We'll see if it has legs."}
{"_id": "387878", "title": "", "text": "Lightning is a powerful force in nature. It is a global phenomenon but not uniformly distributed geographically.A single bolt of lightning can contain up to 100 million volts of electricity. With that much power, lightning damage can be extreme, beyond recovery and repair and financially devastating. Visit Us: https://lightningprotectiondesignblog.wordpress.com/2017/09/12/eliminate-the-strike-and-prevent-lightning-damage/"}
{"_id": "387886", "title": "", "text": "You have stumbled upon a classic trading strategy known as the carry trade. Theoretically you'd expect the exchange rate to move against you enough to make this a bad investment. In reality this doesn't happen (on average). There are even ETFs that automate the process for you (and get better transaction costs and lending/borrowing rates than you ever could): DBV and ICI."}
{"_id": "387906", "title": "", "text": "I would like to bring up some slightly different points than the ones raised in the excellent answers from JoeTaxpayer and littleadv.  The estate can be the beneficiary of an IRA -- indeed, as has been pointed out, this is the default beneficiary if the owner does not specify a beneficiary -- but a testamentary trust cannot be the designated  beneficiary of an IRA. A testamentary trust that meets the requirements laid out on page 36 of Publication 590 is essentially a pass-through  entity that takes distributions from the IRA and passes them on to the beneficiaries.   For the case being considered here of minor beneficiaries, the distributions from the  IRA that pass through  the trust must be sent to the legal guardians (or other custodians) of the minors' UTMA accounts, and said guardians must invest these sums for the benefit of the minors and hand the monies over when the minors reach adulthood. Minors are not responsible for their support, and so these monies cannot be used by the legal guardian for oaying the minors' living expenses except as provided for in the UTMA regulations. When the minors become adults, they get all the accumulated value on their UTMA accounts, and can start taking  the RMDs personally after that, and blowing them on motorcycles if they wish.  Thus, the advantage of the testamentary trust is essentially that it lets the trustee of the trust to decide how much money (over and above the RMD) gets distributed each year.  The minors and soon-to-be young adults cannot take the entire IRA in a lump sum etc but must abide by the testamentary trustee's ideas of whether extra money (over and above the RMD) should be taken out  in any given year. How much discretion is allowed to the trustee is also something to be thought through carefully. But at least the RMD must be taken from the IRA and distributed to the minors' UTMA accounts (or to the persons as they reach adulthood) each year.  Regardless of whether the Traditional IRA goes to beneficiaries  directly or through a testamentary trust, its value (as of the date of death) is still included in the estate, and estate tax  might be due. However, beneficiaries can deduct the portion of estate tax paid by the estate from the income tax that they have to pay on the IRA withdrawals. Estate planning is very tricky business, and even lawyers very competent in estate and trust issues fall far short in their understanding of tax law, especially income tax law."}
{"_id": "387907", "title": "", "text": "There's a difference between physical currency and money (For example a bank may only hold only a small percentage of total deposits as cash that it's customers can withdraw).   I'm not sure which you're referring to, but either way you should read  about inflation."}
{"_id": "387908", "title": "", "text": "For a real estate transaction there are multiple stages: From the sellers viewpoint: From the buyers viewpoint: If both parties are comfortable skipping some of the steps the role of the agent can be minimized. How will a fair price be determined? Some realism might be needed, to make sure that the loan appraisal will not be a problem. Will an inspection still be needed? What warranty will exist if the A/C dies this summer?  If you still want help from an agent one should be able to help for far less than the normal commission. The seller normally interviews three agents before selecting one, do the same in this situation. Ask how much they would charge for a sale between friends. They can complete their task in just a couple of hours. If the home inspection comes back relatively clean, the transaction should be very easy. The paperwork is the biggest hurdle. You should jointly identify a local settlement company. They will be the ones actually filing the paperwork. They have lawyers. They will check the county records office for existing liens, plats, mortgages and address all the issues. They can send the proper paperwork to the existing mortgage companies and arrange for mortgage insurance. The cost will be the same regardless of the presence of real estate agents and other lawyers.  When they say a lawyer is required, it is only because of the paperwork."}
{"_id": "387922", "title": "", "text": "About damn time. People need to learn that WE can make a business sink or swim period. Big business in this World has ZERO power. They have just forced people to think they do. If we wanted to shut down Wal-mart and people banded together guess what WalMart peace out. We need to start doing this more often. Put these greedy fools in their place."}
{"_id": "387937", "title": "", "text": "\"&gt;Opportunities are not equal  But the OP and most of the \"\"it's all about luck\"\" folks here *are* saying opportunities are equal - if it's only about luck, then *anyone* can find that lucky penny.   Remember - that's the assertion here - that there are tons of people who could be billionaires; the ones who are only got there because *they* were the ones that someone whispered \"\"plastics\"\" to at a party.   Total egalitarianism; no meritocracy or plutocracy whatsoever. It's all about the spin of the wheel, man. Anyone can win the lottery.\""}
{"_id": "387939", "title": "", "text": "Maybe. Or maybe carbon capture and storage becomes a bigger deal and oil and gas production continues. Or maybe electric cars take too long to take off and oil and gas remains relevant for the next 50 years. Or maybe any other thing  Just because something should happen does not necessarily mean that it will. You are attempting to predict the future. I happen to agree with your viewpoint for the most part, but that does not mean it is for certain."}
{"_id": "387951", "title": "", "text": "&gt; Higher standards are, and will expand, if there is consumer interest in them doing so.  I'm not exactly sure what you're saying here, but I feel like this statement completely ignores the effect the labor movement has had on working conditions."}
{"_id": "387980", "title": "", "text": "\"If you want the answer from the horse's mouth, go to the website of the ETF or mutual find, and the expense ratio will be listed there, both on the \"\"Important Information\"\" part of the front page, as well as in the .pdf file that you click on to download the Prospectus.  Oh wait, you don't want to go the fund's website at all, just to a query site where you type in something like VFINX. hit SEARCH, and out pops the expense ratio for the Vanguard S&P 500 Index Fund? Well, have you considered MorningStar?\""}
{"_id": "388016", "title": "", "text": "Regarding doing this with your HOA: the cost could be very high. In my community the annual dues is less than $100 a year. When people don't pay they are aggressive. There is a late fee after 30 days, then a higher penalty at 60 days. That 2nd notice comes from a lawyer. The community charges the homeowner the lawer's fee. After another 30 days they file a lien. With those costs a small bill has ballooned to over $1,000. Property tax has two other issues. The government can sell your house. The lender can foreclose. Neither is good."}
{"_id": "388021", "title": "", "text": "Post-86 After tax contributions to a 401k are after tax.   The earnings on that money is taxable, but not the contributions. This means: You'll have $15,000 in the 401k and $10,000 is considered after-tax and $5,000 is considered pre-tax. The after-tax portion can be converted to a Roth IRA without paying taxes or penalties. New in September 2014 The IRS has made substantial changes that now enable this to happen.   You can request a distribution from your 401k provider where they divide the money into pre-tax and after-tax funds.  In my example, you'd get a check for $10,000 that you could send to a Roth IRA and a check for $5,000 you could add to a traditional Roll-over IRA. Neither of those would be taxable events and you'd end with a Roth IRA with $10K and a Traditional, Rollover IRA with $5K in it. Notes:"}
{"_id": "388024", "title": "", "text": "I think you're a little out of touch with reality if you think being poor today is as simple as buying groceries instead of eating out or renting a room for the completely arbitrary sums you came up with in your example.   And I'm not trying to stand on a soapbox and preach how I came from nothing like you and here I am today. I do just fine. Have never wanted for anything growing up, was never hungry, always had presents. Now I'm 32 and I drive a forklift for Fed ex, I make about 45 grand a year in the Midwest with no degree, which is pretty decent.  But no, you're wrong to think that everyone can just plan their lives and live below their means and then suddenly they'll all be doing much better. You're probably also of the opinion having a smart phone and internet access is the first thing a poor person should cut off to save money."}
{"_id": "388028", "title": "", "text": "Should I convert the 401K of my old company to Traditional IRA and start investing in that instead of investing in the new employer 401K plan with high fees? Regarding the 401K funds from  the previous employer, you can: Future investments: Roll overs don't have limits, but new investments do."}
{"_id": "388031", "title": "", "text": "Did you read the second paragraph?  **The program was designed to loot the defeated Germany's intellectual assets and impede its ability to compete in the postwar political and economic spheres while giving a boost to the nations conducting it. Though unacknowledged at the time, the T-Force mission also included preventing advanced Nazi technology from falling into the hands of the Soviet Union\u2014destroying whatever could not be seized and hauled away before Soviet troops arrived. As such, T-Force activities can be seen as the beginning of the Cold War. Operations in Germany were often heavy-handed, and sometimes amounted to kidnapping. Publicly available information on the unit's activities remains scarce.**"}
{"_id": "388036", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.heartland.org/news-opinion/news/dc-economics-experts-too-much-dc--not-enough-economics?E) reduced by 90%. (I'm a bot) ***** &gt; California has spent the last several decades taxing just about every business in their state - out of their state.  &gt; Rather than lobby those awful states for better tax policy - The Retailers lobbied DC for worse.  &gt; &amp;quot;Republicans should abandon the so-called border-adjustable tax. A border tax is a poison pill for the tax plan: It divides the very business groups that the party needs to rally behind tax reform. Retailers like Walmart will never go along.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6goal1/dc_economics_experts_too_much_dc_not_enough/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~141896 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **state**^#2 **business**^#3 **Rather**^#4 **reform**^#5\""}
{"_id": "388042", "title": "", "text": "\"They often think all it takes to be successful in business, is to be excellent at what you do. Nothing could be further from the truth. You need to know a lot about business, to stay in business!  Often, people confuse being an entrepreneur with \"\"buying a very expensive job\"\". The two are not the same.\""}
{"_id": "388057", "title": "", "text": "\"As of right now it looks like you can't issue an ETF at least because the underlying \"\"commodity\"\" isn't regulated. (See Winkelvoss ETF). I suspect you would run into this problem with any 1940 act fund (mutual fund), but it's more a situation of \"\"not approved\"\" rather than illegal, so an MLP hedge fund structure would probably be fine.  And some googling finds Iterative Instinct Management's Storj SPV.\""}
{"_id": "388065", "title": "", "text": "Most of the time when a stock splits to create more shares, it is done to bring the price per share down to a level that makes potential investors more comfortable. There are psychological reasons why some companies keep the price in the $30 to $60 range. Others like to have the price keep rising into the hundreds or thousands a share.  The split doesn't help current investors, with the possible exception that the news spurs interest in the stock which leads to a short term rise in prices; but it also doesn't hurt current investors. When a reverse stock split is done, the purpose is for one of several reasons:"}
{"_id": "388074", "title": "", "text": "And that's EXACTLY the reason why Robots will have conflict of interest, or actually will be against the small investor and for the big banker.  I can EASILY program anything to do things against humanity and against rules or laws.  Who are you going to sue? The robot? The programmer? The company that made the robot?  How are you going to test that the robot is acting as you wish it to act?"}
{"_id": "388076", "title": "", "text": "You can dial the phone systems of the credit reporting agencies directly to put a freeze on your credit report account. The phone systems require quick responses or the systems will fail you out, but **this work is relatively quick** and probably easier than trying to do this on the websites that try to re-direct you to buying credit monitoring services. Here are the phone entries you will make as a guide for the phone menu of each of the credit reporting agencies:  **Transunion** 888-909-8872:      enter zip code     press 3 to add freeze     enter social security number     enter date-of-birth as 8 digits MMDDYYYY     enter house number from street address then # key     choose a 6 digit security code     credit card number for $10 charge     4 digit expiration date of credit card MMYY  **Equifax** 800-685-1111:      press 3 to select freezes     press 1 to continue     say your state then 1 to confirm     enter social security number then 1 to confirm     enter house number from street address then # key, then 1 to confirm     press 1 to select a freeze     there will be a long pause at this point but when the bot comes back it goes very fast.          Write down the 10-digit pin provided XXXXXXXXXX then later,          Write down the 10-digit confirmation number provided XXXXXXXXX.          Press * to repeat both until you have it correct  **Experian** 888 397 3742      press 2 for freeze     press 2 for freeze     press 1 for add freeze     press 2 for no fraud report     enter social security number then # key then 1 to confirm     enter date-of-birth as 8 digits MMDDYYYY then 1 to confirm     enter zip code then # key     enter house number from street address then # key     press 2 for not blind     press 1 to pay by credit card     wait through list of charges by state     select credit card type 1 for mastercard, 2 for visa, 3 for american express, 4 for discover     enter credit card #, then 1 to confirm     4 digit expiration date of credit card then # key MMYY#  Cross-posted this from the megathread in r/personalfinance."}
{"_id": "388078", "title": "", "text": "\"Another factor you may want to consider is insurance, if your wife is at their house as a friend who happens to be teaching the kid to play and the kid falls off their chair and hurts them self that is rather different to your wife being brought in to the house as a contractor and an injury occurring during an activity that she was supervising. I am in a similar situation and I have a $5 million public liability policy, which costs about $300 per year. So if her income is likely to be less than that she may be better off \"\"helping a friend learn\"\" rather than \"\"providing tutoring services\"\". There may also be legal requirements, I am required to apply for government checks every few years in order to operate a business that involves working with children.\""}
{"_id": "388081", "title": "", "text": "Right, but the point is that some professions, such as attorneys, can be paid hourly yet still not be eligible for overtime. I was responding to the blanket response that insinuated all hourly employees who are skilled are eligible for overtime - this is not always true.   And you are incorrect as to agreeing to being exempt on a contractual basis. If a non-skilled worker goes to an employer and agreed to work as an exempt dishwasher at $7.50 an hour, the employer will have trouble with FLSA whether or not it was agreed. To say otherwise would be counterintuitive to the purpose of the labor protections and would just be an unconscionable loophole to necessary worker protection laws."}
{"_id": "388095", "title": "", "text": "I agree with the Dave Ramsey method as well. If you don't have $1k in the bank already, do that.  Total up the smaller debts and the best buy card.  if they are $4k all together, then pay them off.  Don't get caught up in keeping the smaller one around because they are at zero percent.  If they exceed $4k, then payoff the interest bomb best buy card, then pay off the smaller ones, starting with the smaller balance.  That is the only tweak I will make here.  Dropping any amount into the Citi balance is pointless because it only reduces the amount, not the total number of hands reaching into your bank account."}
{"_id": "388101", "title": "", "text": "Most people are aware of the benefits of seeing a chiropractor for chronic back pain. However, chiropractic care can treat much more than that. A skilled Newburgh, NY chiropractor like Dr. Richard A. Huntoon can help patients suffering from plantar fasciitis, carpal tunnel syndrome, headaches, and several other pain-related conditions."}
{"_id": "388114", "title": "", "text": "While the user who posted this is clearly nonpartisan based on his username, I think it's probably valuable to provide some context.   Stocks are down 0.5% today. They are returning back down from an all time high for Amazon in July.  Trumps tweets haven't had any power on stock price in months."}
{"_id": "388144", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://wvtf.org/post/first-time-history-solar-jobs-outnumber-coal-jobs-virginia#stream/0) reduced by 69%. (I'm a bot) ***** &gt; Virginia now has more jobs in the solar industry than the coal industry.  &gt; &amp;quot;Coal will produce more jobs I think in the long term. But we&amp;#039;ve had to cut back because everyone feels like it&amp;#039;s not worth it to use coal anymore. And I feel that there will be a time when we will have to turn back to coal to meet the demand.\"\"  &gt; Alexander Winn at the Solar Foundation says he&amp;#039;s hopeful some of those jobs might move from coal to solar.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hsj3r/for_first_time_in_history_solar_jobs_outnumber/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146519 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **coal**^#1 **solar**^#2 **industry**^#3 **Virginia**^#4 **Energy**^#5\""}
{"_id": "388145", "title": "", "text": "Yes, absolutely.  The HSA, when used for medical expenses, allows you to essentially pay for your medical expenses tax free. Even if you don't have extra room in your budget, you can fund the HSA as you incur medical expenses, then withdraw money to pay the expenses, and you'll see an immediate tax benefit at tax time.  However, let's say that you have plenty of room in your budget and you don't have a lot of medical expenses. You already contribute the maximum to your 401(k) or IRA, and you want to do more. The HSA acts like a retirement account in this case, allowing you to contribute before-tax money and let it grow untaxed.  The HSA does have a huge benefit that no other retirement account has. If you choose not to reimburse yourself for medical expenses, but you keep track of the unreimbursed expenses you incur, then you can reimburse yourself for these expenses at any point in the future completely tax free. Essentially, your contributions are treated like a traditional IRA, but your withdrawals are treated like a Roth IRA, and can be done at any age. If you don't acquire enough medical expenses, you can still withdraw whatever is left at age 65 and those withdrawals will be taxed like a traditional IRA.  The HSA provides for tax-free contributions and growth if used for medical expenses, and tax-deferred growth if withdrawn after age 65 without medical expenses."}
{"_id": "388147", "title": "", "text": "\"You can try writing on the back of the check, in the signature area, \"\"For deposit only to account xxxxxxxxx\"\", leaving room for the signature. This may or may not be legally binding, but it states your intnt and is in a form the bank will recognize.\""}
{"_id": "388156", "title": "", "text": "Well, there are also cases where inflation actually helps you, individually, as a consumer. For example, if you have a mortgage or any other debt, debtors benefit from the value of a dollar today decreasing tomorrow.  In a very general sense, psychologically you want to avoid deflationary periods as well as it tends to seize up an economy (why would I spend a dollar today if it will be worth more tomorrow?).  Sure, the absolute value of a dollar decreases over time, but this is intentionally designed to diminish the value of hoarding cash today. Standard income should rise approximately with the rate of inflation, so from an absolute purchasing power standpoint you should remain approximately neutral."}
{"_id": "388160", "title": "", "text": "If you already have the money, put the 20% down but here is another option: You can put whatever you want down...Let's say 10%. For the other 10%, take out a 2nd mortgage. This enables you to avoid PMI. The rate you will get on the second mortgage will be higher than the first but the combination of 2 mortgages may be less than 1 plus PMI. When you get to 20% equity you can refinance and consolidate to one lower rate mortgage without PMI."}
{"_id": "388165", "title": "", "text": "If you are Netgear extender user you probably know what it feels when you not able to access mywifiext net. Reasons are many maybe you don\u2019t have enough knowledge regarding that this address is not for opening a particular website or you are putting it wrong place. Whatever the reason you are facing issue is it right? To convert your problem into the solution we are today here with plenty of troubleshooting tips that going to be helpful in seeking your efforts. So, just go through these troubleshooting tips &amp; make way for your wireless extender to get setup in some easy steps. Let\u2019s get started now."}
{"_id": "388172", "title": "", "text": "With SurePay, the recipient has to register in order to receive funds.  They will select where the money is deposited.  If you are both the sender and the receiver, I don't know if the system will get confused or not - If it will work at all though, you'll ultimately need to enter the information for the receiving account. The point of sure pay is to avoid the receiving party needing to give the sender their account information.  The banking system still gets the account information explicitly from both sides. EDIT:  This post also provides relevant and more detailed information: How does Wells Fargo use my phone number to find my Bank of America account?"}
{"_id": "388187", "title": "", "text": "The ante is at least 100k per job = 5bn, to start. Also needs uninterruptible power, gigantic airport, and political atmosphere acceptable to Jeff Bezos. The footprint of 50k job campus is city sized, so likely not within a city."}
{"_id": "388201", "title": "", "text": "Sorry for this late reply.  I currently live in Iceland (I am a United Statesian). People here told me they thought checks were just something that were in movies. I was amazed by this. So here are some reasons that I see to being why it works still in the usa. 1. Social Security system. Most Euro, Nordic countries have their lives, bank accounts, ect tied to their 'Social Security' number and that number is not top secret like it is in the USA. In fact here in Iceland you throw your number around to anyone who wants it because they cant do anything with it but pay you money really. 2. Banks. In the USA there are millions, MILLIONS of small town banks. That means that doing direct deposits or transfers is much much harder to achieve. Example: Iceland has two banks. The most common way of loaning a friend money or paying for that hotel room if you forgot to bring cash or your card is to say 'Give me your SSN and I will transfer to you'. It takes about 30 seconds to do a funds transfer. In the USA you can't do that. They would think you are lying or not want to give they bank info or because of the fees from small town banks it would be pointless. Also a lot of these small banks will not accept direct deposit (I had a bank growing up that still does not) These are some of the main reasons that I think cause the flow of checks in the usa."}
{"_id": "388215", "title": "", "text": "If you withdraw money from an RRSP, you are taxed on that money as ordinary income and will have to pay withholding taxes, and potentially more income tax when you file. Additionally, you lose that contribution amount. If you subsequently deposit the same gross amount into another RRSP at a different bank, that will lower your taxable income for the year and you'll subsequently be able to recover the withholding taxes, but you will have permanently lost the contribution room. For example, you have $100,000 in RRSP contribution room. You buy $1,000 in RRSPs from Bank A. This leaves you with $99,000 in RRSP contribution room. Next year, you withdraw that $1,000 and deposit it in Bank B in an RRSP account. Now, you have $98,000 in RRSP contribution room. Chances are good that Bank A withheld 15% for taxes, but when you file your tax return, you'll get that back. Your withdrawal and subsequent purchase of RRSPs in the tax year cancel out. Far better is to transfer the RRSP from Bank A to Bank B. That has no tax implications and would not affect your RRSP contribution limit. Not all banks are willing to do this, though."}
{"_id": "388242", "title": "", "text": "\"Like anything else, the price/value of gold is driven by supply and demand. Mining adds about 2% a year to the supply. Then the question is, will the demand in a given year rise by more or less than 2%. ON AVERAGE, the answer is \"\"more.\"\" That may not be true in any given year, and was untrue for  whole DECADES of the 1980s and 1990s, when the price of gold fell steadily.  On the other hand, demand for gold has risen MUCH more than 2% a year in the 2000s, for reasons discussed by others. That is seen in the six-fold rise in price, from about $300 an ounce to $1800 an ounce over the past ten years.\""}
{"_id": "388245", "title": "", "text": "Market share would be more important in this case. Microsoft sold their OS for pennies and turned a blind eye to piracy in China because all they cared about was market share. Now businesses/individuals are dependent on Microsoft software. By taking that initial loss, Microsoft has become a much stronger company in this market. TiVo should have done the same in making market share king."}
{"_id": "388250", "title": "", "text": "What a shit idea lol. Like how about not spend so damn much on stupid shit America. How about creating a tax bracket on those that make the oodles of dough per year. Don't go after the working man's retirement savings as easy pickings for taxes. Wtf"}
{"_id": "388252", "title": "", "text": "\"(Congrats on earning/saving $3K and not wanting to blow it all on immediate gratification!) I currently have it invested in sector mutual funds but with the rise and fall of the stock market, is this really the best way to prepare long-term? Long-term?  Yes! However... four years is not long term.  It is, in fact, borderline short term.  (When I was your age, that was incomprehensible too, but trust me: it's true.) The problem is that there's an inverse relationship between reward and risk: the higher the possible reward, the greater the risk that you'll lose a big chunk of it. I invest that middle-term money in a mix of junk high yield bond funds and \"\"high\"\" yield savings accounts at an online bank.  My preferences are HYG purchased at Fidelity (EDIT: because it's commission-free and I buy a few hundred dollars worth every month), and Ally Bank.\""}
{"_id": "388256", "title": "", "text": "Part 2 = 12%  -5000/0.12 (1 - 1/(1.12^2 ) = -8450.26 Then subtract year 0s 5000 payment if you havent = -13450.26 and then compare to option 2 -2000/0.12 (1 - 1/(1.12^10) = -11300.46 and subtract 20000 -31300.46  As you can see both values are substantially smaller compared to a 4% discount rate."}
{"_id": "388260", "title": "", "text": "Yes, one such provider is: https://www.fxcompared.com/ They allow you to compare a number of foreign currency providers, and take into account all of the fees and spreads, and give you a simple number which you can use to compare them - the amount of foreign currency you get for your domestic currency."}
{"_id": "388290", "title": "", "text": "\"Reminds me of the company \"\"Buy-and-Large\"\" from the movie Wall-E.  As I recall, it was a giant corporation that sold everything.  Oh and it also ran the government.  I think it may have also tucked the overweight citizens into bed at night.\""}
{"_id": "388295", "title": "", "text": "\"Banks have a financial, and regulational duty called \"\"Know your customer\"\", established to avoid a number of historical problems occurring again, such as money laundering, terrorism financing, fraud, etc. Thanks to the scale, and scope of the problem (millions of customers, billions of transactions a day), the way they're handling this usually involves fuzzy logics matching, looking for irregular patterns, problem escalation, and other warning signs. When exceeding some pre-set limit, these signal clues are then filtered, and passed on for human inspection. Needless to say, these algorithms are not perfect, although, thanks to financial pressure, they are improving. In order to understand why your trading account has been suspended, it's useful to look at the incentives: false positives -suspending your trade, and assuming you guilty until proven otherwise- could cost them merely your LTV (lifetime value of customer -how much your business brings in as profit); while false negatives -not catching you while engaging in activities listed above- might cost them multi-month investigations, penalties, and court.  Ultimately, this isn't against you. I've been with the bank for 15 years and the money in the accounts has been very slowly accumulated via direct-deposit paychecks over that time. From this I gather the most likely explanation, is that you've hit somekind of account threshold, that the average credit-happy customers usually do not exceed, which triggered a routine checkup. How do you deal with it? Practice puppetry! There is only one way to survive angry customers emotionally: you have to realize that they\u2019re not angry at you; they\u2019re angry at your business, and you just happen to be a convenient representative of that business. And since they\u2019re treating you like a puppet, an iconic stand-in for the real business, you need to treat yourself as a puppet, too. Pretend you\u2019re a puppeteer. The customer is yelling at the puppet. They\u2019re not yelling at you. They\u2019re angry with the puppet. Your job is to figure out, \u201cgosh, what can I make the puppet say that will make this person a happy customer?\u201d  In an investigation case, go with boredom: The puppet doesn't care, have no feelings, and is eternally patient. Figure out what are the most likely words that will have the matter \"\"mentally resolved\"\" from the investigator's point of view, tell them what they have to hear, and you'll have case closed in no time. Hope this helps.\""}
{"_id": "388361", "title": "", "text": "Tesla has been pushing for mass market EV adoption since the beginning and they have clearly communicated their strategy as such.  Being a niche company in an ICE dominated automotive market is not a desirable position for Tesla. They want the market to move towards EVs as having even a small chunk of a market like that is worth a ton of revenue."}
{"_id": "388362", "title": "", "text": "\"The other two answers seem basically correct, but I wanted to add on thing:  While you can exercise an \"\"American style\"\" option at any time, it's almost never smart to do so before expiration.  In your example, when the underlying stock reaches $110, you can theoretically make $2/share by exercising your option (buying 100 shares @ $108/share) and immediately selling those 100 shares back to the market at $110/share.  This is all before commission. In more detail, you'll have these practical issues: You are going to have to pay commissions, which means you'll need a bigger spread to make this worthwhile.  You and those who have already answered have you finger on this part, but I include it for completeness. (Even at expiration, if the difference between the last close price and the strike price is pretty close, some \"\"in-the-money\"\" options will be allowed to expire unexercised when the holders can't cover the closing commission costs.) The market value of the option contract itself should also go up as the price of the underlying stock goes up.  Unless it's very close to expiration, the option contract should have some \"\"time value\"\" in its market price, so, if you want to close your position at this point, earlier then expiration, it will probably be better for you to sell the contract back to the market (for more money and only one commission) than to exercise and then close the stock position (for less money and two commissions). If you want to exercise and then flip the stock back as your exit strategy, you need to be aware of the settlement times.  You probably are not going to instantly have those 100 shares of stock credited to your account, so you may not be able to sell them right away, which could leave you subject to some risk of the price changing.  Alternatively, you could sell the stock short to lock in the price, but you'll have to be sure that your brokerage account is set up to allow that and understand how to do this.\""}
{"_id": "388389", "title": "", "text": "Like 90% of them pride themselves in making slightly positive returns at times of turmoil. They never mention their returns on up years (8 our of every 10, at a minimum). At times like this when markets are booming they underperform and it's what have you done for me lately time. They'll slightly rebound next downturn, but still terrible investments because of the fees. Even when you take into account the diversification effect of their negative betas."}
{"_id": "388391", "title": "", "text": "\"So \"\"Operation Twist\"\" is actually a pretty simple concept. Here's the break down: The Fed sells short-term treasury bonds that it already holds on its books. Short-term treasury bonds refer to - bonds that mature in less than three years. Then: Uses that money to buy long term treasury bonds. Long-term treasury bonds refer to -  bonds that mature in six to 30 years The reason: The fed buys these longer-term treasuries to lower longer-term interest rates and encourage more borrowing and spending. Diving deeper into how it works: So the Fed can easily determine short-term rates by using the Federal funds rate this rate has a direct effect on the following: However this does not play a direct role in influencing the rate of long-term loans (what you might pay on a 30-year fixed mortgage). Instead, long-term rates are determined by investors who buy and sell bonds in the bond market, which changes daily. These bond yields fluctuate depending on the health of the economy and inflation. However, the Fed funds rate does play an indirect role in these rates. So now that we know a little more about what effects what rate, why does lower long-term rates in treasuries influence my 30yr fixed mortgage? Well when you are looking for a loan you are entering a market and competing against other people, by people I mean anyone looking for money (e.g: my grandmother, companies, or the US government). The bank that lends you money has to decide weather the deal you are offering them is better then another deal on the market. If the risk of lending to one person is the same as the risk of lending to another, the bank will make whichever loan yields the higher interest rate. The U.S. government is considered a very safe borrower, so much so that government bonds are considered almost \u201crisk free\u201d, but because of the lower risk the rate of return is lower. So now the bank has to factor in this risk and make its decision weather to lend you money, or the government. So, if the government were to go to the market and buy its own long-term bonds it is adding demand in the market causing the price of the bond to rise in effect lowering the interest rate (when price goes up, yield goes down). So when you go back and ask for a loan it has to re-evaluate and decide \"\"Is it worth giving this money to Joe McFreeBeer instead and collecting a higher yield?\"\" (After all, Joe McFreeBeer is a nice guy). Here's an example: Lets say the US has a rating of 10 out of 10 and its bonds pay a 2% yield. Now lets say for each lower mark in rating the bank will lend at a minimum of 1% higher and your rating is 8 of 10. So if you go to market, the lowest rate you can get will be 4%. Now lets say price rises on the US treasury and causes the rate to go down by 1%. In this scenario you will now be able to get a loan for 3% and someone with a rating of 7 of 10 would be able to get that 4% loan. Here's some more info and explinations: Why is the Government Buying Long-Term Bonds? What Is 'Operation Twist'? A Q&A on US Fed Program Federal Reserve for Beginners Federal Open Market Committee\""}
{"_id": "388396", "title": "", "text": "\"Yes I thought his flow charts did a nice job with a complex system.  Some thoughts:  * he makes the \"\"if your house ran a blah blah blah\"\".  That is a horrible analogy to make for an economy.  * He quotes the revenue to debt ratio as if it is static.  We are spending much more now then we traditionally do at the same times as revenues are lower than historic levels.  Ratios change over time.  * Either he chooses to ignore, or doesn't know, that a lot of the issues with the PIIGS comes from the aggressive use of derivative products to clean their books for the joining of the EU.  Like his ARM example, now the rates have changed and those trades have moved against the sovereigns.   * His lists the outcome of current monetary policy as binary.  Either we inflate to infinity, and the world explodes, or we default and the world explodes.  One outcome that comes to my mind is that we ease out of aggressive capital injection and move through this liquidity issue.  We then pay back our debt and live on.  I am sure there are many other outcomes  * Almost all the problems seemed to be supply side ideas.  \"\"banks just won't lend\"\".  I would argue banks and even corporations have cash, but lack demand for NPV positive projects and thus are sitting on it.  And or they are waiting for things to play out so they can invest with better certainty.  * I thought his discussion on Current accounts was very good.  We also need to remember in many of these countries you have weak and corrupt tax systems which make it hard to fund your way out of these issues.   I only point these things out for others who may watch the video and want some counter points to what the speaker says.\""}
{"_id": "388408", "title": "", "text": "Million dollar taxi medallions are why I'm glad the whole industry is going bankrupt.  They lobbied to keep the supply artificially low, increased barriers to entry, enjoyed their crony capitalist monopoly, accordingly treated customers like shit, and now they're all going kaput off their greed.  No loss whatsoever."}
{"_id": "388414", "title": "", "text": "\"I appreciate the actually reasonable initial response. I've been consistently called a fake and a fraud mostly by, as you can probably guess, my competitors and my ex who has turned genuinely psycho. She and her father have now made the news for being directly connected to well documented international and American human rights violations, her father being directly connected to apparently a police chiefs admitted systematic protected records falsification/tampering/destruction and so much else. Those two groups arent exactly mutually exclusive at the moment. Her father works in PR/lobbying and she basically tried to make it a goal to ruin me. Why you might ask? Thats a great question.   Could have something to do with the money I make people and people potentially owing me more than a few million. You really have to also consider though that would be an absurdly small price to pay for a billion especially if it took about 20 min to deliver in just that instance. Also the fact that she couldnt keep her clothes on to save her life after that point. All of the fake/fraud rhetoric is despite the fact, and probably because, I literally completed industry leading and often freely available open source economic work for no pay for several years as well as my comp (when I actually bill) being largely entirely performance based which almost nobody in the industry will even contemplate. Im not even that smart I just basically as it appears comparably dont have a sudden compulsive need to actively feel like I'm causing problems for people or just bullshit people frankly. Quite the opposite. A good number of the people who have tried to discredit or defame me in some way, if they knew the cause of this situation, probably wouldnt exactly be happy with it. Especially so considering how much money its likely very tangibly cost them just largely due to a psycho ex. On an anecdotal basis, despite previously knowing this was reflected in the data, I can hardly think of more of a good reason to just actually work with people and see how it goes than this.  All of its to basically say I'm sure a guy (and his company) who is that wealthy publicly has had a few situations that make his life complicated and some probably without any good reason.  You might have missed out. I know a few very skilled people who went to work for them. If you were offered to be flown out to them for an interview like that (again), definitely go (especially if you have fallback(s)) and just see what they are willing to do to address your concerns. I know Amazon being stressful is a common thing thats said; however, Amazon isnt a dumb company. They need skilled people and if it makes sense for them it wouldnt surprise me if they could figure something out that would work for both of you. Plus you can always quit as opposed to some things that you cant just say \"\"stop\"\" or \"\"be reasonable\"\" and have it resolved in a few weeks or less.  I hope this helps you in some way.\""}
{"_id": "388431", "title": "", "text": "\"That is false that Amazon loses money with \"\"predatory pricing\"\".  They are making a bucket load of money.   They are just a hell of a lot more efficient than the department stores that are being replaced by Internet sales and advanced logistics.     You might point out an example of a product sold below cost.  When a department store is running a loss years on year or running a clearance at a loss, isn't that predatory against Amazon?   Retail is a brutal business.\""}
{"_id": "388455", "title": "", "text": "Short answer, you can't.  Don't link your primary checking account to PayPal.  Open a separate bank account like ING Direct and keep very little balance.  I wrote about this a while back in my blog."}
{"_id": "388471", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cato.org/publications/policy-analysis/reforming-national-flood-insurance-program-toward-private-flood) reduced by 98%. (I'm a bot) ***** &gt; The National Flood Insurance Program was established by the National Flood Insurance Act of 1968, with the intent of reducing the need for post-disaster federal aid by offering flood insurance and providing mitigation incentives to properties that have significant flood risks.  &gt; The 2014 Wharton School research outlined earlier demonstrated that private insurance firms have the technical capacity to price insurance more accurately than the NFIP. A proliferation of private insurance offerings could thus lead to savings for those NFIP homeowners who are currently paying overpriced premiums because of overly broad risk aggregation.  &gt; Congress took a major step in 2012 toward normalizing private flood insurance by requiring that federally backed lenders accept private insurance, but legal impediments to private flood insurance penetration remain.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z4pad/reforming_the_national_flood_insurance_program/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207249 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Insurance**^#1 **NFIP**^#2 **Flood**^#3 **private**^#4 **risk**^#5\""}
{"_id": "388482", "title": "", "text": "&gt; Things like this are going to happen way more if a $15/hr mini wage ever passed.  Do you really think tech workers are only making $15/hour? And do you think McDonalds is not going to replace people with kiosks regardless of minimum wage? Your examples of why $15/hour won't work are weak."}
{"_id": "388494", "title": "", "text": "\"No, I was speaking to boolpies.  His statement was false.  People used the paper for social interaction as well for news.  \"\"Man Seeking Wife\"\" and all other manner of people looking for social interactions.  People are so quick to demonize the new and reframe the old as some nostalgic utopia that didn't really exist.  It all boils down to people pining for things they understand and vilifying that which they don't.\""}
{"_id": "388500", "title": "", "text": "\"Assuming this is real, the Q's (QQQ) is an ETF that tracks the Nasdaq-100. It would be the approximate equivalent of saying \"\"Just put your money in SPY\"\" or any other ETF.  I didn't see the thread in question (looks like it was in /r/personalfinance not /r/finance; so, not the \"\"rules\"\" here), but my guess is people down voted you (and you were eventually removed by the mod) for \"\"low effort\"\", which simply stating \"\"Put your money in an ETF\"\" could possibly be construed as.  That said, the top rated comment in that thread *did* suggest putting some portion of the funds in an ETF, it's just rarely an appropriate answer for *all* of someone's investment capital.\""}
{"_id": "388508", "title": "", "text": "Even with the H1B visa abuse, we have extremely high wages. We want more skilled labors coming into the US, especially in tech. We also should be making these people American citizens so they don't bring their skills to other nations."}
{"_id": "388522", "title": "", "text": "Reddit didn't buy him a ticket but it is Kai's story i used.  first part of the story is still true.  back in 09 JB had a $599 flight pass.  fly unlimited for 30 days deal.  Reddit pooled money and a lucky redditor toured the country.   i can't find the archive but it was summer of 09."}
{"_id": "388535", "title": "", "text": "I agree - so why so much outrage and concern over DAPL crossing a river?  Of note - I'm Choctaw so I understand the land rights of the reservation. That's not in play here and is an entirely different scope of questions relating to trust land etc."}
{"_id": "388564", "title": "", "text": "Ok. So mum and dad is the government and the child is the citizen? Or is it that mum and dad is the past and the child is the actual government?  Our problem is that we managed our real estate so well that we never got a recession on it since the 1990s.   That and immigrants only wants to live in the VA area or GTA.   The rest of the country is fine. I live in Montreal and you can rent a nice apartment for less then 1k a month 20 mins from downtown and a house is still 400-600k."}
{"_id": "388571", "title": "", "text": "\"Number 2 cannot occur. You can buy the call back and sell the stock, but the broker won't force that #2 choice. To trade options, you must have a margin account. No matter how high the stock goes, once \"\"in the money\"\" the option isn't going to rise faster, so your margin % is not an issue.  And your example is a bit troublesome to me. Why would a $120 strike call spike to $22 with only a month left? You've made the full $20 on the stock rise and given up any gain after that. That's all. The call owner may exercise at any time. Edit: @jaydles is right, there are circumstances where an option price can increase faster than the stock price. Options pricing generally follows the Black-Scholes model. Since the OP gave us the current stock price, option strike price, and time to expiration, and we know the risk free rate is <1%, you can use the calculator to change volatility. The number two scenario won't occur, however, because a covered call has no risk to the broker, they won't force you to buy the option back, and the option buyer has no motive to exercise it as the entire option value is time premium.\""}
{"_id": "388574", "title": "", "text": "It has nothing to do with that.  It's a simple, time-tested, LEAN manufacturing principle.  Streamline your offerings, focus on what you do well and/or has the best margins.  As the worst selling and worst margin protein... they're choosing to simplify their process and eliminate it.  I totally get that side of it.  The part about queso... eh."}
{"_id": "388575", "title": "", "text": "While there is no legal reason to have a minimum number of employees, there can be a practical reason.   They want to look like a good solid investment so that investors will give them money, which is what an IPO is, really.  Hiring lots of people is part of that. Once the investors are committed, they can cut expenses by firing people again. I have no idea how common this is, but it is a possibility.  However, if it were really common, investors wouldn't be fooled anymore. Also, they risk being sued for fraud over this. Even if your friend's worry is probably unfounded, you should be aware that working for a startup is always risky.  They very often go bankrupt even if they try their best.  They can misjudge their intended market. They can get higher expenses than expected. There can be another company with same idea being launched at the same time.  Other things can go wrong. Working for a startup is a risk, but it beats being unemployed, right?"}
{"_id": "388585", "title": "", "text": "I'd personally use a standard brokerage account and invest in a mix of mutual funds, ETFs and individual stocks.  Follow the municipal bond markets and be prepared to move into muni funds or ETFs when opportunities present themselves. If you buy on weakness, you can pull some great returns with reasonably safe investment."}
{"_id": "388613", "title": "", "text": "If you were certain you would probably do best by short selling an ETF that tracked the index for the market you think was about to tank. You'd certainly make a lot more money on that strategy than precious metals. If you were feeling super confident and want to make your money earn even more, you could also buy a bunch of put options on those same ETF funds. Obligatory Warning: Short selling and options can be extremely risky. While most investments cap your potential losses to your total investment, a short sale has no theoretical limit to the amount of money you can lose."}
{"_id": "388626", "title": "", "text": "This article makes sense.  Reduce supply of labor, wages go up as employers compete for the remaining workers.  This is simple economics.  Whether this is a good thing, or not, is a matter of opinion and political persuasion.  You could write various headlines based upon how you interpret the data (all are pretty much correct):  * Immigrants kicked out and American blue collar wages rise (Hurray!)  * Misguided immigration policy raises prices for everyone (Boo!)  * Kicking out immigrants makes it harder to get construction done (Boo!)  * Trump helps the working American earn more (Hurray!)"}
{"_id": "388635", "title": "", "text": "1. It's a differentiator.  Everyone who you're competing against for jobs are going to be the same Finance/Accounting/Econ/Management majors.  Having the Philosophy in there will help you stand out a little and make you seem more well rounded.   2. No other field of study develops your critical reasoning and analysis skills as well as Philosophy.  Particularly with the increases in automation in Finance that has made much of the more menial work obsolete, what is going to determine someone's success or failure is their ability to synthesize disparate pieces of information into a coherent narrative and communicate it effectively.  Any idiot can learn how to read a balance sheet in a few months. Really honing your critical reasoning skills takes years and cannot be learned on your own nearly as easily as in a classroom setting."}
{"_id": "388646", "title": "", "text": "\"You would want to prioritize Roth and retirement over HSA. As the HSA is only for health and dental expenses, which you will always have, overfunding it will put you in a bit of a pickle for all of the life involved. For example, even if you or a loved one develop a strange & expensive ailment, the HSA will only cover the medical costs, but not any travel to specialists, hotel stays, home alterations, special vehicles, or lifestyle alterations (food, clothing). However, you will eventually stop working even if you are healthy throughout your life.  I would suggest that you treat the HSA as a part of your overall emergency fund, giving it a cap the same as you would normal non-retirement savings. Since you stated you have three young children, small and large medical expenses (such as braces, trips to the emergency room) are something that are almost guaranteed, thus having fairly large amount in the HSA would be very beneficial throughout their time with you. Once the children have left however, if you still have an overwhelming balance in your HSA, you may not want to add anymore to the HSA. Setting a cap for the HSA based off a certain number of years of deductible payments for medication would be a good place to start.  Roth accounts, whether it be within your company's 401k plan or the IRAs for yourself and your spouse, are single-handedly the best location for your money for long-term savings. Roth money grows tax-free, is immune to Required Minimum Distribution provisions, and will avoid estate escrow when going to one's beneficiaries. Even if you tap into the funds prior to age 59 1/2, you would only pay taxes on any investment growth, in addition to the 10% early withdrawal penalty. If you have established Roth IRA accounts and have an AGI that disallows you to further contribute to them, there is still a provision to get Roth funds contributed via conversion through what is commonly called a \"\"back door\"\" Roth.\""}
{"_id": "388667", "title": "", "text": "I see this as the reason for the country (and world?) heading toward ever greater income inequality. More and more wealth accruing to capital as opposed to labor.  Ah, so we won't need as much money to live, that's hopeful.  Why don't we use these solutions to solve current high unemployment?   Don't believe that prices of goods will come down as quickly as people are fired from their jobs. That will only happen when people are forced to stop buying things and corporate inventories climb too high (recession/depression). This will be bad for business as well, as those inventories were created using high labor expense from prior times and now must be sold at heavy discount."}
{"_id": "388685", "title": "", "text": "Some years ago a call center operator told me a bit more than they probably should have.  They like to see a lot of money go through the card, but very little staying on the card. Yes, they make money on the interest but one card defaulting blows away the profit on a lot of other cards. The 3% take from the merchants is both reliable and up-front, not 6 months down the line when (and if) you pay the interest. So if you want to make your credit card company happy, pay your bills in full every month. I have credit far beyond my actual means because I run work expenses on my personal card, I was told they didn't care (and had already guessed) that it wasn't my money. The point was I was handling things in a way they liked. Not quite at Palladium status, but cards with $200 annual fees are mine for the asking, and I haven't paid interest since the early 1990's."}
{"_id": "388693", "title": "", "text": "[P. C. Woo &amp; Co.](http://www.pcwoo.com/practices_com.html) provides top-notch services and creative solutions to a wide range of commercial and corporate finance matters to both overseas and Hong Kong clients.  We have established ourselves as one of the major players in the field with a diversified clientele ranging from financial institutions, public bodies, listed companies to private enterprises.  Our partners' close association with many public bodies and charitable organizations enable us to have extensive experience in serving public bodies and claim to be one of the top local solicitors' firms in Hong Kong which can provide highly specialized services in this area."}
{"_id": "388696", "title": "", "text": "\"Economy of scale on one side versus \"\"person monetizing an illliquid asset\"\" on the other.  Most multifamily rental buildings are owned by professional real estate investors (as well as individuals growing an empire to become a professional real estate investor whom I will count in this group).  The rental difference between a 2000 Sq foot two bedroom apartment and 2000 Sq foot two bedroom standalone house is not large.  The construction cost per square foot for a standalone house is higher than for a multifamily building (of similar height and materials).  Maintenance calls, landscaping, and new roofs, dealing with permits and inspections, etc are much more efficient with multifamily properties.  On the supply side, most single family rentals tend to be the nonprofessional single property owner because they happen to already own the place, and for one reason or another a. Don't want to sell and b. Want to gain cash flow on the asset.\""}
{"_id": "388704", "title": "", "text": "\"Generally if you're a sole S-Corp employee - it is hard to explain how the S-Corp earned more money than your work is worth. So it is reasonable that all the S-Corp profits would be pouring into your salary. Especially when the amounts are below the FICA SS limits when separating salary and distributions are a clear sign of FICA tax evasion. So while it is hard to say if you're going to be subject to audit, my bet is that if you are - the IRS will claim that you underpaid yourself. One of the more recent cases dealing with this issue is Watson v Commissioner. In this case, Watson (through his S-Corp which he solely owned) received distributions from a company in the amounts of ~400K. He drew 24K as salary, and the rest as distributions. The IRS forced re-characterizing distributions into salary up to 93K (the then-SS portion of the FICA limit), and the courts affirmed. Worth noting, that Watson didn't do all the work himself, and that was the reason that some of the income was allowed to be considered distribution. That wouldn't hold in a case where the sole shareholder was the only revenue producer, and that is exactly my point. I feel that it is important to add another paragraph about Nolo, newspaper articles, and charlatans on the Internet. YOU CANNOT RELY ON THEM. You cannot defend your position against IRS by saying \"\"But the article on Nolo said I can not pay SE taxes on my earnings!\"\", you cannot say \"\"Some guy called littleadv lost an argument with some other guy called Ben Miller because Ben Miller was saying what everyone wants to hear\"\", and you can definitely not say \"\"But I don't want to pay taxes!\"\". There's law, there are legal precedents. When some guy on the Internet tells you exactly what you want to hear - beware. Many times when it is too good to be true - it is in fact not true. Many these articles are written by people who are interested in clients/business. By the time you get to them - you're already in deep trouble and will pay them to fix it. They don't care that their own \"\"advice\"\" got you into that trouble, because it is always written in generic enough terms that they can say \"\"Oh, but it doesn't apply to your specific situation\"\". That's the main problem with these free advice - they are worth exactly what you paid for them. When you actually pay your CPA/Attorney - they'll have to take responsibility over their advice. Then suddenly they become cautious. Suddenly they start mentioning precedents and rulings telling you to not do things. Or not, and try and play the audit roulette, but these types are long gone when you get caught.\""}
{"_id": "388713", "title": "", "text": "As a new (very!) small business, the IRS has lots of advice and information for you. Start at https://www.irs.gov/businesses/small-businesses-self-employed and be sure you have several pots of coffee or other appropriate aid against somnolence.  By default a single-member LLC is 'disregarded' for tax purposes (at least for Federal, and generally states follow Federal although I don't know Mass. specifically), although it does have other effects. If you go this route you simply include the business income and expenses on Schedule C as part of your individual return on 1040, and the net SE income is included along with your other income (if any) in computing your tax. TurboTax or similar software should handle this for you, although you may need a premium version that costs a little more.  You can 'elect' to have the LLC taxed as a corporation by filing form 8832, see https://www.irs.gov/businesses/small-businesses-self-employed/limited-liability-company-llc . In principle you are supposed to do this when the entity is 'formed', but in practice AIUI if you do it by the end of the year they won't care at all, and if you do it after the end of the year but before or with your first affected return you qualify for automatic 'relief'. However, deciding how to divide the business income/profits into 'reasonable pay' to yourself versus 'dividends' is more complicated, and filling out corporation tax returns in addition to your individual return (which is still required) is more work, in addition to the work and cost of filing and reporting the LLC itself to your state of choice. Unless/until you make something like $50k-100k a year this probably isn't worth it. 1099 Reporting. Stripe qualifies as a 'payment network' and under a recent law payment networks must annually report to IRS (and copy to you) on form 1099-K if your account exceeds certain thresholds; see https://support.stripe.com/questions/will-i-receive-a-1099-k-and-what-do-i-do-with-it  . Note you are still legally required to report and pay tax on your SE income even if you aren't covered by 1099-K (or other) reporting. Self-employment tax. As a self-employed person (if the LLC is disregarded) you have to pay 'SE' tax that is effectively equivalent to the 'FICA' taxes that would be paid by your employer and you as an employee combined. This is 12.4% for Social Security unless/until your total earned income exceeds a cap (for 2017 $127,200, adjusted yearly for inflation), and 2.9% for Medicare with no limit (plus 'Additional Medicare' tax if you exceed a higher threshold and it isn't 'repealed and replaced'). If the LLC elects corporation status it has to pay you reasonable wages for your services, and withhold+pay FICA on those wages like any other employer. Estimated payments. You are required to pay most of your individual income tax, and SE tax if applicable, during the year (generally 90% of your tax or your tax minus $1,000 whichever is less). Most wage-earners don't notice this because it happens automatically through payroll withholding, but as self-employed you are responsible for making sufficient and timely estimated payments, and will owe a penalty if you don't. However, since this is your first year you may have a 'safe harbor'; if you also have income from an employer (reported on W-2, with withholding) and that withholding is sufficent to pay last year's tax, then you are exempt from the 'underpayment' penalty for this year.  If you elect corporation status then the corporation (which is really just you) must always make timely payments of withheld amounts, according to one of several different schedules that may apply depending on the amounts; I believe it also must make estimated payments for its own liability, if any, but I'm not familiar with that part."}
{"_id": "388718", "title": "", "text": "\"I'm not sure what you expect in terms of answers, but it depends on personal factors. It pretty well has to depend on personal factors, since otherwise everyone would want to do the same thing (either everyone thinks the current price is one to sell at, or everyone thinks it's one to buy at), and there would be no trades. You wouldn't be able to do what you want, except on the liquidity provided by market makers. Once that's hit, the price is shifting quickly, so your calculation will change quickly too. Purely in terms of maximising expected value taking into account the time value of money, it's all about the same. The market \"\"should\"\" already know everything you know, which means that one time to sell is as good as any other. The current price is generally below the expected acquisition price because there's a chance the deal will fall through and the stock price will plummet. That's not to say there aren't clever \"\"sure-fire\"\" trading strategies around acquisitions, but they're certain to be based on more than just timing when to sell an existing holding of stock. If you have information that the market doesn't (and assuming it is legal to do so) then you trade based on that information. If you know something the market doesn't that's going to be good for price, hold. If you know something that will reduce the price, sell now. And \"\"know\"\" can be used in a loose sense, if you have a strong opinion against the market then you might like to invest based on that. Nothing beats being paid for being right. Finally, bear in mind that expected return is not the same as utility. You have your own investment goals and your own view of risk. If you're more risk-averse than the market then you might prefer to sell now rather than wait for the acquisition. If you're more risk-prone than the market then you might prefer a 90% chance of $1 to 90c. That's fine, hold the stock. The extreme case of this is that you might have a fixed sum at which you will definitely sell up, put everything into the most secure investments you can find, and retire to the Caribbean. If that's the case then you become totally risk-averse the instant your holding crosses that line. Sell and order cocktails.\""}
{"_id": "388745", "title": "", "text": "Why did she say that? If you followed the worksheet and that's the number you calculated - go with it. I'm guessing you're getting the child credit for both kids, right? If so - 8 makes sense. Make sure you have withholding of at least the amount of tax you owed last year to avoid penalties (if this year you end up owing more, that is)."}
{"_id": "388746", "title": "", "text": "No miracles.  For me the interesting part is that he keeps doing stuff I like.  When he stops that, I wont like it, but to this point he is saying and doing the right things from my point of view.  It's like when people jumped up and down about the google 'no evil' thing - it just resonated with people.  If we see Tesla making greedy decisions that slide away from  an electric-for-all, customer-first, shakeup-the-industry mode, many will fall off the bandwagon.  As long as they keep going, I say cheer them on!"}
{"_id": "388754", "title": "", "text": "\"The question you are asking concerns the exercise of a short option position.  The other replies do not appear to address this situation. Suppose that Apple is trading at $96 and you sell a put option with a strike price of $95 for some future delivery date - say August 2016.  The option contract is for 100 shares and you sell the contract for a premium of $3.20. When you sell the option your account will be credited with the premium and debited with the broker commission.  The premium you receive will be $320 = 100 x $3.20.  The commission you pay will depend on you broker. Now suppose that the price of Apple drops to $90 and your option is exercised, either on expiry or prior to expiry.  Then you would be obliged to take delivery of 100 Apple shares at the contracted option strike price of $95 costing you $9,500 plus broker commission.  If you immediately sell the Apple shares you have purchased under your contract obligations, then assuming you sell the shares at the current market price of $90 you would realise a loss of $500 ( = 100x($95-$90) )plus commission.  Since you received a premium of $320 when you sold the put option, your net loss would be $500-$320 = $180 plus any commissions paid to your broker. Now let's look at the case of selling a call option.  Again assume that the price of Apple is $96 and you sell a call option for 100 shares with a strike price of $97 for a premium of $3.60.  The premium you receive would be $360 = 100 x $3.60.  You would also be debited for commission by your broker. Now suppose that the price of Apple shares rises to $101 and your option is exercised.  Then you would be obliged to deliver 100 Apple shares to the party exercising the option at the contracted strike price of $97.  If you did not own the shares to effect delivery, then you would need to purchase those shares in the market at the current market price of $101, and then sell them to the party exercising the option at the strike price of $97.  This would realise an immediate loss of $400 = 100 x ($101-$97) plus any  commission payable.  If you did own the shares, then you would simply deliver them and possibly pay some commission or a delivery fee to your broker.  Since you received $360 when you sold the option, your net loss would be $40 = $400-$360 plus any commission and fees payable to the broker. It is important to understand that in addition to these accounting items, short option positions carry with them a \"\"margin\"\" requirement.  You will need to maintain a margin deposit to show \"\"good faith\"\" so long as the short option position is open.  If the option you have sold moves against you, then you will be called upon to put up extra margin to cover any potential losses.\""}
{"_id": "388756", "title": "", "text": "Maybe he's someone's kid, maybe he isn't. But Kraft-Heinz is a 3G company and anyone who understands their philosophy and methodology wouldn't be surprised by this.  3G is all about meritocracy. They don't care how long you've been at the company or how old you are - they'll work you to death and people that deliver the best results get rewarded handsomely, no matter their age. It's not unlikely that this guy is one of those people.  3G companies (e.g. Kraft-Heinz, RBI: Tim Hortons/Burger King, ABInBev) have at least a handful of VPs in their 20s, it's not just this guy. From my LinkedIn stalking and exposure to 3G companies, they also promote people (who I assume are high performers) very quickly, and will often take their incumbent talent and move them to new regions with big responsibility post-M&amp;A (e.g. they'll take an HR Manager from Brazil and move them to Canada with Director or C-level responsibilities).   EDIT - here's a couple examples:  [This guy](https://www.linkedin.com/in/ricardookamoto/) was a Manager for Kraft-Heinz in Brazil, then made CFO for Mexico  [This guy](https://www.linkedin.com/in/daniel-szlak-659b2319/) graduated from a 4-year bachelor's in 2010. He was made CFO for Latin America in 2015, so he was actually a younger (27?) CFO, though probably with less responsibility, than David Knopf."}
{"_id": "388757", "title": "", "text": "Oh Good Lord. Where to begin.  She worked 14 years in security because she has no interest?   Definitely glad you're not in charge of hiring practices. A high school graduate would be more qualified for a computer security job due to  military experience? That's just as irrelevant as music or marine biology. It's a C-Suite administrative role, not a research position."}
{"_id": "388781", "title": "", "text": "Various states have their own take on barbecue, but Texas certainly wows everyone with gigantic portions. You'll never run out of recommended places to dine around Austin, such as barbecue pits that can smoke hundreds of pounds of meat all at once."}
{"_id": "388791", "title": "", "text": "I don't know where you're coming up with this. The deficit right now is about $440 billion vs the well over 1 trillion is social expenditures. There are bloated budgets and inefficiencies everywhere in government. Cuts could easily be made. Then there's the fact that we have a GDP of 18.57 trillion yet you think that there are 500 companies with 1 trillion in profit?"}
{"_id": "388798", "title": "", "text": "You could write a personal check after the final price has been set and you're ready to purchase. Another option would be to get the final price - then walk over to your bank and get a cashier's check."}
{"_id": "388819", "title": "", "text": "That's up to you. If you instruct your broker to sell shares purchased in specific lots, they can do that -- but doing so requires that you and/or they track specific fractional lots forever afterwards so you know what is still there to be sold. FIFO simplifies the bookkeeping. And I am not convinced selecting specific lots makes much difference; the government gets its share of your profits sooner or later."}
{"_id": "388823", "title": "", "text": "&gt;&gt;I doubt any person that complains about immigrants taking jobs would ever take a job picking vegetables.  I can't wait for this. I mean, I say it ecstatically, but in reality it is going to affect everyone. So many stupid racist assholes believing Trumptard that this is going to help the economy when all its going to do is make things more expensive. You think white people are going to pick fruits? Hispanics that arent illegal sure as shit arent going to do it.   Construction: Houses are already expensive, imagine when they're paying living wages. Every market is going to look like Seattle.  Immigrants are good for our country."}
{"_id": "388826", "title": "", "text": "It's not usually a good idea to buy a house as an investment. Buy a house because you want the house, not for an investment. Your money will make more money invested somewhere other than a house. Additionally, based on talking about renting rooms to pay the mortgage and the GI bill, I assume you are planning on going to school and not working? I am not that familiar with VA loans, but I imagine they will require you show some form of income before they are willing to give you a loan. 14% returns over the long run are very good, but last year the market was up almost 30%, if you were only at 14% for last year you left quite a bit on the table. I would advise against  individual stocks for investments except as a hobby. Put the majority of your investments into ETF's/low fee mutual funds and keep a smaller amount that you can afford to lose in stocks."}
{"_id": "388830", "title": "", "text": "\"This chart summarizes the FED's balance sheet (things the FED has purchased - US treasuries, mortgage backed securities, etc.) nicely.  It shows the massive level of \"\"printing\"\" the FED has done in the past two years.  The FED \"\"prints\"\" new money to buy these assets. As lucius has pointed out the fractional reserve banking process also expands the money supply.  When the FED buys something from Bank A, then Bank A can take the money and start lending it out.  This process continues as the recipients of the money deposit the newly printed money in other fractional reserve banks. FYI....it took 95 years for the FED to print the first $900 billion.  It took one year to print the next $900 billion.\""}
{"_id": "388854", "title": "", "text": "So this guy has his own life experience. He's had some amount of privilege in his life and he's aware that's his success could be attributed to that. However, success is profoundly more complicated than luck or chance opportunities. Maybe in his survey with a sample size of one (himself) it all makes sense but success is hard work, tenacity, great planning, strategy, timing and then a little luck. The whole cookie thing is interesting from a human nature perspective but you can't create and IPO Facebook because someone told you that you were the leader. That may for a free cookie but not any real success.   [Liar's Poker](http://www.amazon.com/Liars-Poker-Rising-Through-Wreckage/dp/0140143459) has a massive user rating on Amazon. No one gave him the pages to that book. He wrote the thing. You can write a kiss ass book too. Sure, he might have gotten a break to get it published but if you had that break could you write a kick ass book?"}
{"_id": "388856", "title": "", "text": "I mean that's pretty simple then. Talk to your school about giving you a dedicated place in the library to provide these services and let them advertise it for you through announcements, etc. also go to the teachers and let them know you're providing tutoring, show them you know your stuff, and ask them to send students your way."}
{"_id": "388874", "title": "", "text": "There are four sides to this transaction. You increase in money: A debit. (increases your Current Assets, if you will) You also gain the requirement to pay that money in the future. A credit: Definitely a Liability. When you repay the money, your cash will decrease: a credit, and your liabilities will also decrease, which is a debit (since you don't have to repay the money anymore). the account would be short-term loans, the money doesn't have a name, it's just cash and would go into whatever cash accounts you have. The bookkeeping entry would be the same as you would make for any short-term loan."}
{"_id": "388892", "title": "", "text": "Same here. I think wind and solar can play their part, but to be viable in a large scale you need enormous amounts of storage to cover times with no sun and wind. Solar and wind itself is cheap. But the amount of storage required is expensive.  Nuclear is very high tech and elitist as few people understand it well. It is extremely regulated and new developments are difficult to due to this and the huge costs incurred. People are afraid of it, so politics are against it as this is politically feasible there. China looks at technological facts, not peoples emotions when deciding what to invest in.  I can very well imagine that modern nuclear tech will come from China in a decade, because it is one of the few countries still developing it."}
{"_id": "388899", "title": "", "text": "\"Lachlan has $600 cash and a car worth $500. That's $1,100. The new car is priced at $21,800. Lachlan needs a loan for $20,700. However, the finance company insists that the buyer must pay a 10% deposit, which is $2,180. Lachlan only has $1,100, so no loan.  The car dealer wants to make a sale, so suggests some tricks. The car dealer could buy Lachlan's old banger for $1,500 instead of $500, and sell the new car for $22,800 instead of $21,800. Doesn't make a difference to the dealer, he gets the same amount of cash. Now Lachlan has $600 cash and $1,500 for his car or $2,100 in total. He needs 10% of $22,800 as deposit which is $2,280. That's not quite there but you see how the principle works. Lachlan is about $200 short. So the dealer adds $1,200 to both car prices. Lachlan has $600 cash and a car \"\"worth\"\" $1,700, total $2,300. The new car is sold for $23,000 requiring a $2,300 deposit which works out exactly.  How could we have found the right amount without guessing?  Lachlan had $1,100. The new car costs $21,800. The dealer increases both prices by x dollars. Lachlan has now $1,100 + x deposit. The car now costs $21,800 + x. The deposit should be 10%, so $1,100 + x = 10% of ($21,800 + x) = $2,180 + 0.1 x.  $1,100 + x = $2,180 + 0.1 x : Subtract $1,100 x = $1,080 + 0.1 x : Subtract 0.1 x 0.9 x = $1,080 : Divide by 0.9 x = $1,080 / 0.9 = $1,200 The dealer inflates the cost of the new car and the value of the old car by $1,200. Now that's the theory. In practice I don't know how the finance company feels about this, and if they would be happy if they found out.\""}
{"_id": "388912", "title": "", "text": "\"This article is interesting, but deeply biased. The writer manages to write pages and pages on a feature about Charney that only tells Charney's story. He interviews (I think, unless he's always just quoting other sources) a few other folks, but only ones who think he's brilliant and was wronged.   It was only in the last 25% (of a very long article) when the author even bothers to reference the criticisms and discussion of sexual harassment and culture of sexualizing women that was part of what started the blowback from customers, and though it says something like \"\"You can't talk about Charney's story without mentioning the sexuality,\"\" it seems like an afterthought. Basically, \"\"a lot of people said Charney was a creep, and some of them sued him, but he says the allegations are false so let's move on.\"\"  It wasn't just increasingly uncomfortable ads, it was also people saying they were coerced into those ads, people saying the workplace was almost toxic in it's sexual charge, Charney saying stuff like \"\"then they shouldn't work here,\"\" the fact that people working in the stores were rated on their attractiveness and size, that AA wouldn't make or sell clothes past a certain size because he didn't want large people wearing his clothes, the fact that the clothes cost $50 for a tee shirt then fell apart, etc.   Charney certainly has his side of things, but I personally think it was irresponsible to write a feature this long without giving more than a paragraph or two of context into why it wasn't just a cruel board doing him wrong, but that even many of his employees and customers turned away from the brand.\""}
{"_id": "388918", "title": "", "text": "Bernanke &amp; Obama likely will. The problem is that, just like the last 2 failed stimulus plans, it is unlikely the next one will work out any better.  Will it be better than the alternative? I don't know. I'm not an economist."}
{"_id": "388930", "title": "", "text": "&gt;Maybe this time, the crazies on the right will shut up and pretend it's a great idea 'cause Trump is involved?  I'm not above using the crazies to get useful things done.   Yeah right. Whenever Trump does something they don't like, he's being forced to do so by the deep state. Crazies gonna crazy."}
{"_id": "388945", "title": "", "text": "\"GTI NET is a fresh new MLM company that make the buzz. This will be for sure your best mlm company in 2017,2018 and 2019. Coming from Belgium it is little known in the United States, United Kingdom and Asia. It has a \"\"non saturation\"\" model due to the combination of a wonderful financial product and one of the best multi level marketing compensation plan. This Multi Level Marketing review will shake your conception of the MLM industry for sure, and turn your presuppositions about the MLM industry upside down! To enroll or to get more information contact me at gti.net@YourBestMLM.com http://YourBestMLM.com\""}
{"_id": "388961", "title": "", "text": "\"I never fucking understand why we refer to these places as \"\"communist countries\"\".  They're essentially undemocratic totalitarian dictatorships.  Communism in its real sense actually has pretty admirable ideals.  No one has yet implemented them at any point in history.\""}
{"_id": "388973", "title": "", "text": "If Amazon paid cash for the transaction, and there was no value to be unlocked, then I think you'd expect amazon's market value to remain the same after the transaction (exchange of equal value).   But there's book value inherent to the Whole Foods business, and the various assets within it, and there's strategic value that might only be realized through an acquisition by Amazon. If another company bought it (let's say Kroger), you could argue that the market cap boost to Kroger would have been less meaningful (or nonexistent) because Kroger wouldn't be as well positioned to create value from the Whole Foods business as Amazon is."}
{"_id": "388980", "title": "", "text": "While trading in stochastic I've understood, one needs reference (SMA/EMA/Bolinger Band and even RSI) to verify trade prior entering it. Stochastic is nothing to do with price or volume it is about speed. Adjusting K% has ability to turn you from Day trader to -> swing trader to -> long term investor. So you adjust your k% according to chart time-frame. Stochastic setup for 1 min, 5 min ,15, 30, 60 min, daily, weekly, monthly, quarterly, half yearly and yearly are all different. If you try hopping from one time-frame to another just because it is below oversold or above overbought region with same K%, you may get confused. Worst you may not square-off your loss making trade. And rather not use excel; charts gives better visual for oscillators."}
{"_id": "388983", "title": "", "text": "All the major American and British banks, with a couple of exceptions. The British government, despite its conservative ideology, is imposing stronger regulatory limits and even discussing 'say on pay' provisions for executive compensation. The US remains wedded to its allegedly free market leanings despite revelations that JP Morgan, among others, receives $14 BILLION a year in government subsidies. And the markets have made it clear that they dont just welcome, but demand government intervention, despite the libertarian rhetorical flourishes of the business lobbies. We may not see the confluence of economic and political policy until after the US presidential election but the widening gap between ideology and reality may hasten the end of that peculiar conceit."}
{"_id": "389004", "title": "", "text": "Pool their money into my own brokerage account and simply split the gains/losses proportional to the amount of money that we've each   contributed to the account. I'm wary of this approach due to the tax   implications and perhaps other legal issues so I'd appreciate   community insight here. You're right to be wary. You might run into gift tax issues, as well as income tax liability and appropriation of earnings. Not a good idea at all. Don't do this. Have them set up their own brokerage account and have them give me the   login credentials and I manage the investments for them. This is   obviously the best approach from a tracking and tax perspective, but   harder for me to manage; to be honest I'm already spending more time   than I want to managing my own investments, so option 1 really appeals   to me if the drawbacks aren't prohibitive. That would also require you to be a licensed financial adviser, at least to the best of my understanding. Otherwise there's a lot of issues with potential liability (if you make investments that lose money - you might be required to repay the losses). You should do this only with a proper legal and tax advice - from an attorney and/or CPA/EA licensed in your state. There are proper ways to do this (limited partnership or LLC, for example), but you have to cover your ass-ets with proper operating agreements in place that have to be reviewed by legal counsel of each of the members/partners,"}
{"_id": "389005", "title": "", "text": "This crisis just shows why the dollar has no chance in my lifetime of loding it's dominance.  Russia is a major world player, were taking what seemed right steps to move forward economically, socially, politically.  Yet this crisis shows the truth.  Media controlled by the kremlin.  Taking actions in other countries.  No fear of economic hardships due to political issues.    Who else could supplant the US dollar? China is in the same boat as Russia.  Still not a free society.  SO what's left? The Euro.  But it's got a long way to go to show it can remain stable.  Give it 50 years and get back to me."}
{"_id": "389017", "title": "", "text": "\"It would be nice if Microsoft would invest in the freaking local infrastructure that supports all these workers.  Currently our local elementary school is overrun by the kids of H1-B workers.  I don't particularly care that they are H1-B's or anyone else's kids, but the school has 800 kids and was built to support 450.  Because there is nice and reasonably affordable new housing (under $600k) with a \"\"gold ribbon\"\" school, the H1-B immigrants are flocking to the neighborhood, so all other schools are at or below capacity and ours is overflowing.  The main problem is that since all of the other schools are \"\"OK\"\" and all of the H1-B's in our neighborhood can't vote, a levy can't be passed in order to build any new schools.  So we're fucked.\""}
{"_id": "389019", "title": "", "text": "If there is  no match and you are disciplined enough to contribute without it coming directly out of your paycheck, dump the 401K.  The reason: Most 401K plans have huge hidden fees built into the investment prices. You won't see them directly, but 3% is not uncommon. 3% is a horrible drag on your investment performance. Get an IRA or Roth IRA and pick something with low fees.  Bonus: You will have a lot more investment choices!"}
{"_id": "389025", "title": "", "text": "I don't call myself a daytrader.  My ideal timeframe is from a few days to a couple weeks, sometimes even longer.  So swings will always be my priority, but I do daytrade futures/forex outside of regular hours and equities when I'm not doing a swing.  Platform is really only important when you realize what you need from it.  If you're doing plenty of tickets, commissions will play a larger role the more you trade.  Some brokers are more bare-bones, some have more technology/tools.  If you're just learning, you typically don't want to put on extra expenses, but as you start making money, you'll want to go with a broker that minimizes your costs while using a third party for whatever tools you need."}
{"_id": "389028", "title": "", "text": "Even with a good investment strategy, you cannot expect more than 8-10% per year in average. Reducing this by a 3% inflation ratio leaves you with 5 - 7%, which means 15k$ - 21k$. Consider seriously if you could live from that amount as annual income, longterm. If you think so, there is a second hurdle - the words in average. A good year could increase your capital a bit, but a bad year can devastate it, and you would not have the time to wait for the good years to average it out. For example, if your second year gives you a 10% loss, and you still draw 15k$ (and inflation eats another 3%), you have only 247k$ left effectively, and future years will have to go with 12k$ - 17k$. Imagine a second bad year. As a consequence, you either need to be prepared to go back to work in that situation (tough after being without job for years), or you can live on less to begin with: if you can make it on 10k$ to begin with (and do, even in good years), you have a pretty good chance to get through your life with it. Note that 'make it with x' always includes taxes, health care, etc. - nothing is free. I think it's possible, as people live on 10k$ a year. But you need to be sure you can trust yourself to stay within the limit and not give in and spent more - not easy for many people."}
{"_id": "389032", "title": "", "text": "The value of a business without proven profits is really just a guess.  But to determine what % ownership the VC takes some measure must be used.  He is asking the OP to start the negotiations.  So you start high - higher than you will settle for. The value of the business should always be WAY more the $$ you have put into it ... because you have also invested your time (which has an opportunity cost) and assumed huge risk that you will never get those $$ back.   When you need the cash and only one person will give it to you, you are over a barrel.  You either take the terms they offer, or you let the business collapse.  So keep a show of strength and invent other funders. Or create a business plan showing that you can continue without their $$ (just at a smaller volume)."}
{"_id": "389035", "title": "", "text": "Sometimes, but it was more common for the 'presentation' leg of the project to use Excel as the last step before passing the data on to the next team or pushing things into a powerpoint. For new projects, those were much more likely to be R end to end and yes, I often used an organization like you mention, extract and transform -&gt; Fit Model and export predictions -&gt; produce visuals and explanatory data.   I did have a few examples where I used R to build on top of excel models, e.g. passing data that was already being calculated into a regression or producing a plot that excel couldn't easily do. In my case we had 10+ people who were good with excel and only 1 or 2 being proficient with R. If the majority of people were strong R users, I'm sure it would have had more predominance in our work."}
{"_id": "389056", "title": "", "text": "Most banks should give them. I exchange all the time."}
{"_id": "389077", "title": "", "text": "Whenever a website mentions Hypothetical Growth of $100, $1,000, or $10,000, it assumes that that investor himself will reinvest the dividend. This is true whether you look at Morningstar or Financial Times.  Unless the website does not have dividend data, e.g. Google Finance.  If you want to compare the account value after withdrawing dividends:   Since the Income class pays dividends annually, there will be 1 jumps per year.  For example, the 2013 dividend payment:  and the 2014 dividend payment:"}
{"_id": "389079", "title": "", "text": "So you're saying the CEO's of those huge flagship state-owned enterprises and state-supported champions have no say in the way China's industry develops?   Either way, the Politburo and senior leadership are primarily comprised of engineers and scientists (although there are more lawyers in the next generation of leaders)."}
{"_id": "389083", "title": "", "text": "\"You just listed problems with our present form of government. You don't like our present form of government. That's different than saying all government is bad or that we can live well without a government.  If there is a monopoly, or a corporation that has many monopolies, it is very hard for a competitor to challenge it. This is especially true where the \"\"barrier to entry\"\" is large, such as utilities, phone companies, car companies, etc. In addition to the fair barriers to entry, it is easy for monopolies to do unfair things to prevent competition. For example, have you ever heard the term \"\"dumping\"\"?\""}
{"_id": "389091", "title": "", "text": "If you're only hobby is hating a person you've never met, then you should probably work in some balance. Also, forget ENG111, maybe a remedial class that includes spelling. Hard to make an effective counterpoint about grammar when you misspell the word."}
{"_id": "389092", "title": "", "text": "Houten keuken voor een warme sfeer. Houten keukens beschikbaar en uw favoriete zit er zeker tussen! Als u vragen of bent u op zoek naar een aangepaste keuken? Onze ervaren keuken specialisten zal u helpen bij het vinden van uw droomkeuken. Dus meer informatie bezoek onze website."}
{"_id": "389094", "title": "", "text": "I don't know about his department, but many PDs/government agencies begin offering pensions at the 10 year mark.  Those pensions are generally based off of how much you made while you were working.  It's quite possible that between he has his wife, they are getting $50-$60k per year in pension.  Government pensions are fucking GREAT.  Of course, they also bankrupt governments, but that's tomorrow's problem!  Weeeee!"}
{"_id": "389098", "title": "", "text": "I realize this is a dated question, but for anyone interested in this subject please be aware of the availability of IRC \u00a7 1235 and capital gain treatment for the sale of patents.  When the holder of a patent transfers all substantial rights to an unrelated person, it can qualify for long-term capital gain treatment.  That can be a meaningful tax savings relative to ordinary income treatment. There are a number of specific provisions and requirements to access \u00a7 1235.  The holder must be the creator or someone unrelated (and not the creator's employer) who purchased the patent from the creator.  The holder must transfer all substantial rights to the patent (not a licensing), or sell an undivided portion of all substantial rights (partial sale, again not a license).  The benefit of \u00a7 1235 is that long-term treatment will apply even for patents with holding periods under 1 year.  Other rules and permutations of course also apply.  Those who fail \u00a7 1235 may still qualify their assets as capital under \u00a7 1221 or \u00a7 1231.  A patent held by its creator will often qualify as a capital asset. It may not make any sense to sell your business as a whole, particularly if all a purchaser wants is a patent or group of patents.  Of course, if the patent was held by its creator in a single-member LLC or other disregarded entity sold to a buyer, then the tax treatment is still treated as the sale of a long-term capital asset."}
{"_id": "389099", "title": "", "text": "&gt;This being said, before the outsourcing failure, it was not obvious that it would be.  Which would suggest that the qaulity of any risk management applied to the whole program at the outset was piss poor. These things tend to be way more political than they are achievable. Add to this the need to go for the lowest bidder in any specialisation and you don't need an MBA to work out what the most likely outcome is going to be.."}
{"_id": "389100", "title": "", "text": "Yes but this also goes against the idea that somehow, after injecting more of their money into the firm by exercising their rights, shareholder wealth still remains the same?  So if shareholders also injected cash, how come their total wealth didn't change?"}
{"_id": "389102", "title": "", "text": "\"Yes, he can retract the offer - it was a cash-only offer, and if you're financing, it's no longer \"\"cash\"\". Unless, of course, you get the financing through your local bank / credit union, and they hand you a check (like on a personal loan). Then it's still cash. However, the salesman can still retract the offer unless it's in writing because you haven't signed anything yet. The price of financing will always be higher because the dealer doesn't get all their money today. Also, if you finance, you are not paying just the cost of the vehicle, you are paying interest, so your final cost will be higher (unless you were one of the lucky souls who got 0% financing atop employee pricing, and therefore are actually saving money by having a payment).\""}
{"_id": "389104", "title": "", "text": "\"There tends to be high volume around big changes in stock price. The volume of a stock does not remain constant and the term \"\"fat fingers\"\" can influence price.--> http://www.bloomberg.com/news/2014-10-01/that-japanese-fat-finger-can-absolutely-happen-in-u-s-.html That being said keshlam is 99% right when it comes to a stock moving when their is no news or earnings announcements. Check out these papers. http://onlinelibrary.wiley.com/doi/10.1111/j.1475-6803.2010.01285.x/full They do a time series analysis to try and predict future prices off of past demand during news events. They forecast using auto-regressive models.  google \"\"forecasting autoregressive model\"\" and the upenn lecture will be helpful. I would post another link but I cannot because I do not have enough rep/ This is more of a quant question. Hope this helps. JL\""}
{"_id": "389117", "title": "", "text": "\"I had a bunch of engineers as classmates in business school, so you'll meet and connect with many like minded folks as yourself. I would also encourage you that after your calculus classes, business school will be pretty academically accessible to you.  That being said, I really connected with strategy during my studies and not finance so much...so I would point you toward Michael Porter's essay \"\"[What is Strategy](http://www.rcmewhu.com/upload/file/20150528/20150528184258_9036.pdf) \"\" It describes how some corporations (Southwest Airlines and IKEA come to mind) use strategy to operate their business for competitive advantage and thus profits. It may help you discover some things an MBA would be working on in the strategy department of a corporation.\""}
{"_id": "389118", "title": "", "text": "Deming Electro Plating Corporation specializes in all types of electroplating and surface finishing services in New York. We provide high quality metal finishing work using top grade materials. With over 60 years of experience in electroplating services we provide fastest turnaround time on all types of finishing work. Our wide range of electroplating services includes gold plating, silver plating, nickel and chrome plating, aluminium and zinc plating and much more."}
{"_id": "389131", "title": "", "text": "\"Great response, thanks! I'll do my best to answer your questions.  1. I'm a genuine believer that everything, from calculus to charisma, can be taught to *most* people. Some people don't have the intelligence to ever learn calculus, for example, and some people will only ever be average at it. But most people can at least improve in most areas through education.   The messed up part is that professors are never formally taught to teach. Some of the things I listed I implicitly learned in grad school (e.g., when doing research, I learned how to filter out inaccurate information; when writing research papers, I learned how to organize information). I learned theories of motivation because I was in an org psych program, but I never learned how to apply them, especially in a classroom setting. I had to figure that out myself. But, yes, I do believe it's something that can be learned.   2. I think the vast majority of work related skills that people develop are learned on the job, as you mentioned. There are some generic skills students learn in college that can be applied to their work, however. I'm thinking of communication and social skills (although I'm probably biased, since those are the two topics I teach). College, it seems to me, is more about learning how to follow directions, figure things out for yourself, and work effectively in groups than any particular subject matter. And I think those skills do transfer well to the workplace.   3. I 100% agree with this. We're pressured to pass students and inflate grades. Character issues, including being disorganized, being dishonest, or just being rude, are diagnosed as psychological disorders and we have to \"\"accommodate\"\" students with these \"\"disabilities\"\" (to be clear, I 100% believe in psychological disorders, and I 100% support accommodating students with these disorders- I just think they are over-/ misdiagnosed these days).    Totally agree with your last paragraph.\""}
{"_id": "389164", "title": "", "text": "Also, the city streets are not supposed to be a source of competition for their business.  17 states disagree with you. But they must have been simple-minded.  How can brick and mortar restaurants factor in any kind of unknown competition - such as another brick &amp; mortar, possibly a better or less expensive version of their own business? Should they be protected from anything they cannot factor into their initial decision to open a business? Where do you draw the line?  I think that businesses should be protected from much larger businesses, but I don't think it's appropriate to use government to protect businesses from smaller/more agile businesses, or completely different business models.  I think this entire argument is based on a logical fallacy: that mobile food is going to put restaurants out of business at a rate faster than they already do go out of business."}
{"_id": "389178", "title": "", "text": "This is really big news for Tesla. I'm all for American made products, but if Tesla wants to meet its production goals, and overcome its current bottleneck (260 Model 3's produced vs. 1500 projected), more overseas factories is a good place to start."}
{"_id": "389179", "title": "", "text": "When you buy a property the house or the building goes down in value every year (it gets depreciated) similar to when you drive a new car out of the lot. However, it is the land that increases in value over time. As land becomes scarcer the value of land in that area will increase in value, as does land in sought after areas. If more people want to live in a particular suburb the land value will keep on increasing year after year. Sometimes established areas with houses built in the 1980s or even earlier can be worth much more than newly built areas. It comes down to the supply and demand of land and houses in a particular area. You might even get a situation where a run-down dilapidated house in a very sought after suburb sells for more than a brand new house in a less sought-after suburb nearby. Properties can be a very good investment and they can be a very poor investment. It can largely depend on the decisions you make in buying your investment property. The first thing you need to make a decision on is the location of the property. If you buy a property in a good area that is well sought after you can make good capital and rental returns over the long run. If you buy poorly in an area no one wants to live in then you might have problems renting it out or only be able to rent it out to bad tenants who cause damage, and you may not get any capital gains over many years. The second thing you need to decide on is when in the property cycle you buy the property. If you buy at the right time you can get higher rents and make some quick capital gains over a relatively short time. I can provide a personal example of this situation. I had bought a house (in Australia) in 2007 for $240,000 at a time when interests where at their highest (9%), no one was buying property and rents were on the increase (with low vacancy rates). Today, eight years after, we are getting $410 per week rent and the house next door (in worse condition than ours) has been put on the market asking for between $500,000 to $550,000 (most houses in the area had been selling during this year for over $500,000). So you can say that our house has more than doubled in 8 years. However, up to a few months ago houses were selling within 2 weeks of being listed. The house next door however, has been listed for over a month and has not had very much interest. So from this you can conclude that in 2007 we had bought near the bottom of the market, whilst now we are near the top of the market. What you also need to remember is that different areas of a country can have different cycles, so there is not just one property cycle but many property cycles in the same country."}
{"_id": "389189", "title": "", "text": "I'm not sure how detailed of an explanation you're hoping for. Bear ETFs basically just short sell the underlying asset. The more highly levered ETFs will also use a combination of options, futures, and swaps to achieve their target leverage. The inversion isn't perfect though, and their target is usually just to close inverse to the *daily* return of their underlying asset.  If you feel like reading, [here is an example.](http://direxioninvestments.onlineprospectus.net/DirexionInvestments//SPXS/index.html?open=Summary%20Prospectus) You can find the investment overview on page 4."}
{"_id": "389192", "title": "", "text": "What, if anything, do I need to do? Thanks! Nothing really.  Depending on what information you provided on SS-4, the IRS may come asking for payroll tax returns etc. In that case you'll have to respond describing the situation. If they don't - you won't."}
{"_id": "389202", "title": "", "text": "The first question is essentially asking for specific investment advice which is off-topic per the FAQ, but I'll take a stab at #2 and #3 (2) If my 401k doesn't change before I leave my job (not planned in the   near future), I should roll it over into my Roth IRA after I leave due   to these high expense ratios, correct? My advice is that you should roll over a 401K into an IRA the first chance you get (usually when you leave the job). 401K plans are NOTORIOUS for high expense ratios and why leave your money in a plan where you have a limited choice of investments anyway versus a self-directed IRA where you can invest in anything you want? (3) Should I still max contribute with these horrible expense ratios? If they are providing a match, yes. Even with the expense ratios it is hard to beat the immediate return of an employer match.  If they aren't matching, the answer is still probably yes for a few reasons: You already are maxing out your ability to contribute to sheltered accounts, so assuming you still want to sock away that money for retirement, the tax benefits are still valuable and probably offset the expense ratios. Although you seem to be an exception, it is hard for most people to be disciplined enough to put money in a retirement account after they have it in their hands (versus auto-deduction from paychecks)."}
{"_id": "389217", "title": "", "text": "Firstly, how far behind on rent are they? Have you sent them notices in writing about late rent, and if so how many have you had to send? How often do they say they are going to do things (like pay overdue rent) and they never do? To tell you the truth IMHO, if they are starting to be regularly late in rent payments and they don't do things they say they are going to do - then it is time to evict them. In NSW Australia, if the tenant is more than 2 weeks late in rent, and prior to them reaching 2 weeks late you have called them asking for late rent and sent notices, you can evict the tenants. If the tenants do not leave you can apply to the Tribunal to get them out and ask for outstanding money to be paid to you. However, if it does get to this stage, the tenants may be pissed off so may do some damage to the property in retaliation. Then you have to go back to the Tribunal to get the Tenant's Bond (Security Deposit) and any other funds to repair any damages done to your place. The longer you leave it the worse it will get. We had some tenants similar to this which we finally got out earlier this year. They would say they would pay rent due by the end of the week and no money would come by the end of the week. We took them to Tribunal and got them out, and we got the Bond plus unpaid rent and other money for damages and leaving the place dirty (over and above the Bond) awarded to us - just under $4K.  The tenants said they couldn't pay and so went on a payment plan to pay about $135 every 2 weeks. They didn't pay any of the payments, so then we went to the local court to get a sheriff to go to their new place and take their property. The must have gotten scared from this because they approached the local court and agreed to pay $60 per week. We have currently received about 10 payments so it will be a long time before we get all our money back. As I said the longer you leave it the worse it can get. You should also look at improving your criteria for selecting new tenants. I have given an answer to this question How to choose a good tenant as a private landlord? Hopefully it can give you some ideas of what to ask for when searching for your next tenant. Update due update in Question Six weeks behind in rent is quite a bit to be behind. If the landlord had been asking the tenant to pay the late rent during this period and the tenant had been giving excuses why the rent was late and saying they would pay it by a certain time but never did - it is a big sign that they will tell you lies.  If this is the first time they have been late in paying rent and now they are back up to date with the rent, you might want to give them one more chance. If this is a pattern that happens regularly it is better to get them out, as it will happen again, you will get in an argument with them and then they might stop paying rent altogether. You can usually gain a better perspective of the tenants from their action rather than their words - that is why ascertaining their past rental history is so important when finding a new tenant."}
{"_id": "389221", "title": "", "text": "I've got a card that I've had for about 25 years now.  The only time they charged me interest I showed it was their goof (the automatic payment failed because of their mistake) and they haven't cancelled it.  No annual fee, a bit of cash back. The only cards I've ever had an issuer close are ones I didn't use."}
{"_id": "389238", "title": "", "text": "\"This \"\"article\"\" just regurgitates Redditor comments. And not in a good way.  This is the new world, all the technology that everyone blindly accepts as progress leads to and results in this kind of thing.   Going forward you will be tracked everywhere you go by cameras using face-recognition software. Every piece of data you create will be saved, and either readily analyzed or available for analysis. Is there a way to stop it? I don't believe so.  I don't like it, but I don't see how any law could stop it. And we're too late for social-based solutions. It will only be stopped by a major catastrophic event at this point. Avoid what you can while you can, but as much as I dislike it, might as well enjoy the ride.\""}
{"_id": "389248", "title": "", "text": "\"Seriously, what a horseshit argument. \"\"You're going to make $120k, but after you spend your money on all the things that you'll need to stay alive, you'll only have $50k. And that's basically no money at all.\"\"   Sounds like a goddamned good living to me.\""}
{"_id": "389264", "title": "", "text": "And how is that even an argument?   So...the fed needs to raise rates, is what you seem to be saying. I'm not sure that now is the time for that, considering the weak jobs numbers recently, but it's possibly a good idea for them to announce that a hike will come soon instead of actually raising the rate.   Either way, to say that having a low interest rate for a decade is a bad thing sort of obscures a harsh reality. It's certainly not something that you *want*, but what's the alternative? Would the US have been better off without the Feds balance sheet expansion? Very few economists would say yes.   In fact that exact line of thought likely turned a financial crash into the Great Depression of the 30's."}
{"_id": "389268", "title": "", "text": "\"An order is your command to the broker to, say, \"\"sell 100 shares of AAPL\"\". An executed order (or partially executed order) is when all (or some) of that command is successfully completed. A transaction is an actual exchange of shares for money, and there may be one or more transactions per executed order.  For example, the broker might perform all of the following 5 transactions in order to do what you asked: On the other hand, if the broker cannot execute your order, then 0 transactions have taken place. The fee schedule you quote is saying that no matter how many transactions the broker has to perform in order to fill your order -- and no matter what the share prices are -- they're only going to charge you $0.005 per share ($0.50 in this example of 100 shares), subject to certain limits. However, as it says at the top of the page you linked, Our Fixed pricing for stocks, ETFs (Exchange Traded Products, or ETPs) and warrants charges a fixed amount per share or a set percent of trade value, and includes all IB commissions, exchange and most regulatory fees with the exception of the transaction fees, which are passed through on all stock sales. certain transaction fees are passed through to the client.  The transaction fee you included above is the SEC fee on sales.  Many (but not all) transaction fees DO depend on the prices of the shares involved; as a result they cannot be called \"\"fixed\"\" fees. For example, if you sell 100 shares of AAPL at $150 each, But if you sell 100 shares of AMZN at $940 each, So the broker will charge you the same $0.50 on either of those orders, but the SEC will charge you more for the expensive AMZN shares than for the cheaper AAPL shares. The reason this specific SEC fee mentions aggregate sales rather than trade value is because this particular SEC fee applies only to the seller and not to the buyer.  So they could have written aggregate trade value, but they probably wanted to highlight to the reader that the fee is only charged on sells.\""}
{"_id": "389270", "title": "", "text": "Businesses have been using immigrants (illegal and legal) to screw labor in this country. Flooding the market with foreign labor [drives up supply and drives down wages.](http://www.pewresearch.org/fact-tank/2014/10/09/for-most-workers-real-wages-have-barely-budged-for-decades/) Maybe if we let the wages rise over the years, Americans would be willing to pay more because they would be making more.   I think so many people are hostile towards labor and defend corporations so much is that corporations can afford PR and labor cannot."}
{"_id": "389271", "title": "", "text": "Full fridge uses less.  Mostly due to a sort of 'flywheel effect' from the mass inside the fridge. frankly I think this is more of a science trivia question,  If you are trying to save money on power, then there's a lot of other things you can do, and there's tons of websites out there with power conservation tips.  just google it.  A better question here would be what to do with the money you save ;-)"}
{"_id": "389273", "title": "", "text": "More questions!  1.) I thought the criticism of the Dow was that it's much smaller than other indexes and thus less representative of the market as a whole?  2,) When you say private investors are you talking about a few specific people? Or anyone who invests at all?  Thanks"}
{"_id": "389281", "title": "", "text": "As you are 14, you cannot legally buy premium bonds yourself. Your parents could buy them and hold them for you, mind you. That said, I'm not a fan of premium bonds. They are a rather weird combination of a savings account and a lottery. Most likely, you'll receive far less than the standard interest rate you'd get from a savings account. Sure, they may pay off, but they probably won't. What I would suggest, given that you expect to need the money in five years, is simply place it in a savings account. Shop around for the best interest rate you can find. This article lists interest rates, though you'll want to confirm that it is up to date. There are other investment options. You could invest in a mutual fund which tracks the stock market or the bond market, for example. On average, that'll give you a higher rate of return. But there's more risk, and as you want the money in five years, I'd be uncomfortable recommending that at this time. If you were looking at investing for 25 years, that'd be a no-brainer. But it's a bit risky for 5 years. Your investment may go down, and that's not something I'd have been happy with when I was 14. There may be some other options specific to the UK which I don't know about. If so, hopefully someone else will chime in."}
{"_id": "389324", "title": "", "text": "You can do the Roth IRA, but I think your income is too high to take a deduction on the traditional IRA.  By the way, this is the 2015 tax table -  You look like you are in the 28% bracket. A good place to be, but I'd be putting more money pre-tax in the 401(k) and consider converting in years that your rate may be lower. It's easy to get married, buy a house, and that same income puts you in the 15% bracket.  The truth is, no one can project 5 years out, let alone 40, and a mix like you have is as good an approach as any, even if I'd lean more pretax. Remember, your $4400 match is on the pretax side, so you are close to 50/50 as is."}
{"_id": "389329", "title": "", "text": "Consider the mechanic which actually drives the 'price' of a stock. In simplest terms, the 'price' of a stock is the price at which the most recent trade occurred. ie: if the price of IBM is $100/share, that means the last time someone bought IBM stock, they paid $100. Above and below the 'spot price', are dozens/hundreds/thousands of buyers and sellers who have placed orders that no one is yet willing to match. ie: if IBM's spot price is at $100, there could still be 10,000 people willing to sell for $101 (called the 'ask' price, for the lowest price someone is currently willing to sell at), and 15,000 willing to buy for $99 (called the 'bid' price, for the highest price someone is currently willing to buy for).  Until someone is willing to buy for $101, then no one will be able to sell at $101. Until someone is willing to sell for $99, no one will be able to buy for $99. Typically orders are placed in the market at a particular limit. Meaning that those orders to buy at $99/sell at $101 are already in the 'system', and will be matched immediately as soon as someone is willing to meet the price on the other side. Now consider general market economics: high demand drives up price, and high supply drives down price. If the details above for IBM were yesterday, and today some news came out that IBM was laying off employees, imagine that another 10,000 people who held shares wanted to sell. Now there would be 20,000 sellers and only 15,000 buyers. If those new sellers were aggressive about wanting to sell, they would have to drop their price to $99, to match the highest buyers in the market. Put together, this means that as more sellers enter the market, supply of shares increases, driving down price. Conversely, as more buyers enter the market, demand for shares increases, driving up share price. As a result of the above, you can say that (all else being equal) if price for a stock goes up, there were more buyers that day, and if price goes down, there were more sellers that day. On the face of it, that is not necessarily true, because you could have the same number of buyers and sellers, one side could have simply decreased/increased their acceptable price to match the other side."}
{"_id": "389333", "title": "", "text": "If you are searching for a country home or a new homes in    Renton WA just a few hours from Washington, 1000 First Street is a wise choice. Datta Homes is one of the top real estate agent, providing exceptional real estate service in Washington, based on the highest standard of ethics."}
{"_id": "389343", "title": "", "text": "It is a closed loop.  The extremely rich are sopping up more and more of it leaving less for the rest of us.  Truly.  The lower 90% have made increasingly less over the last 20 years, while the upper brackets have made much much more.  Read all about it here: http://www.motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph"}
{"_id": "389347", "title": "", "text": "As other people have said, a few thousand dollars isn't going to make any significant difference in what you pay - if you put an extra 1% down, and redraw all the documents accordingly, your payments are going to be roughly 1% less per month.  So, for example, $1800 per month would become $1780 or so per month.   You're much better off keeping the money as an emergency fund: When you buy a house, there are a lot of things that can go wrong (as is the case with your car, if you have one, and with medical expenses, and helping out a relative, not to mention losing your job, and so on).  It doesn't sound like you have all that much money, because if you did, you would have put 20% down and avoided Private Mortgage Insurance, saving yourself a lot more money than 1%. So having a few more thousand in the bank sounds like a good thing."}
{"_id": "389356", "title": "", "text": "Structuring, as noted in another answer, involves breaking up cash transactions to avoid the required reporting limits.   There are a couple of important things to note.   And, the biggest caveat - there have been many cases of perfectly legitimate transactions that have fallen foul of the reporting requirements.  One case springs to mind of a small business that routinely deposited the previous day's receipts as cash, and due to the size of the business, those deposits typically fell in the $9,000-$9,500 range.  This business ended up going through a lot of headaches and barely survived.  Some don't.   A single batch of transactions, if it is only 2 or 3 parts and they are separated by reasonable intervals, is not likely in and of itself to be suspicious.  However, any set of such transactions does run the risk of being flagged.   In your case, you also run afoul of the Know Your Customer rules, because it's not even you depositing the cash - it's your friend.  (Why can your friend not simply write you a check?  What is your friend doing with $5k of cash at a time?  How do you know he's not generating illegal income and using you to launder it for him?)  Were I your bank, you can be very certain I'd be reporting these transactions.  Just from this description, this seems questionable to me.   IRS seizes millions from law-abiding businesses"}
{"_id": "389374", "title": "", "text": "Vacuum Traps and Filters can act as the great protector of the vacuum arrangement. Basically this comes highly handy to protect the vacuum chamber from vapors that are formulated by the pumps. Thanks to the broad selection of vacuum traps and filters, they can integrate extreme efficiency to the machine with ease."}
{"_id": "389410", "title": "", "text": "Heard Teams was actually pretty good. I've used Slack and HipChat and both seemed fine for what they were. Random photos in HipChat were the best though not so productive (add on with keywords triggering Google Images I think?)."}
{"_id": "389419", "title": "", "text": "AuDatingSites is the most secure online dating websites in the Australia. We take your privacy and safety extremely seriously. If you want to girls for sex and an extremely enjoyable experience for the both of you. You can register on our website online, We will provide you more contact for girls. A lot of time, the girl will put their own sexual needs to the back to ensure that us men are pleased."}
{"_id": "389446", "title": "", "text": "Before starting to do this, make sure that you are squeaky clean in all aspects of your tax preparation and are prepared to back up any claims that you make with documentation. Home office deductions are a huge red flag that often trigger audits. Follow mbhunter's advice and be incredibly meticulous about following the rules and keeping records."}
{"_id": "389501", "title": "", "text": "If the underlying is currently moving as aggressively as stated, the broker would immediately forcibly close positions to maintain margin.  What securities are in fact closed depends upon the internal algorithms. If the equity in the account remains negative after closing all positions if necessary, the owner of the account shall owe the broker the balance.  The broker will close the account and commence collections if the owner of the account does not pay the balance quickly. Sometimes, brokers will impose higher margin requirements than mandated to prevent the above eventuality. Brokers frequently close positions that violate internal or external margin requirements as soon as they are breached."}
{"_id": "389511", "title": "", "text": "If you have any automated, recurring payments attached to the credit card, having the number cancelled can result in major losses - for instance, domain name expiration, VPS deletion, deactivation of mobile or VoIP phone service, etc. Good providers will give you a warning and plenty of time to replace the payment method on record, but I wouldn't necessarily trust them all to handle it well."}
{"_id": "389516", "title": "", "text": "An LLC is a pass-through entity in the USA, so profits and losses flow through to the individual's taxes.  Thus an LLC has a separate TIN but the pass-through property greatly simplifies tax filings, as compared to the complicated filings required by C-corps."}
{"_id": "389560", "title": "", "text": "How do prices of an apartment/house correlate to prices becoming more manageable in manufactured goods?  I could also say that  housing is not a good proxy seeing as how prices in housing differ depending on where you live.  I can also point out that more is going into buildings like double paned glass and better materials which would also raise prices on your home.  Yet a computer is much better than today than 35 years ago, and the exact opposite thing happened.  I can also say that there is less timber today than 35 years ago, making the price of wood go up.  I can also get into boring things like Bid Rent Theory, but what's the fun in that?  Nearly all manufactured goods have gone down in price.  Thanks to more open robust trade."}
{"_id": "389562", "title": "", "text": "If the period is consistent for company X, but occurs in a different month as Company Y, it might be linked to the release of their annual report, or the payment of their annual dividend. Companies don't have to end their fiscal year near the end of the Calendar year, therefore these end of year events could occur in any month. The annual report could cause investors to react to the hard numbers of the report compared to what wall street experts have been predicting. The payment of an annual dividend will also cause a direct drop in the price of the stock when the payment is made. There will also be some movement in prices as the payment date approaches."}
{"_id": "389564", "title": "", "text": "That's your mind resisting. You have this fallacy you have been believing for so long, you're conflicted. You know what I'm saying is logical, but the left has been filling your head with lies for so long, you believe them.   I'm interested to see which side wins. If you're smart, you'll start to understand what I am saying. If you are a dumbass, you'll continue kidding yourself with the Left's lies. Let's see how strong your mind is, brother.  Also, there's no shame in being wrong. Everyone's wrong, about big stuff, all the time. The genius can admit when he's wrong so he grows. You can do it. Shed that Left wing bullshit propaganda they drenched you with."}
{"_id": "389581", "title": "", "text": "I'm not a professional, but my understanding is that US funds are not considered PFICs regardless of the fact that they are held in a foreign brokerage account. In addition, be aware that foreign stocks are not considered PFICs (although foreign ETFs may be)."}
{"_id": "389591", "title": "", "text": "\"I've tried looking for sources, and I've found a few, but none of them seem to nail the exact material of what I'm asking about.  I feel that these visceral questions about what is value in our world, and how we can redefine it outside the definitions from both governments and corporations, is an important zeitgeist to our modern era.    Nobody asked me to do this, I am just drawn instinctively drawn to wonder about not only the workings of the world but its possibilities; the same way Adam Smith, Nikola Tesla, F.A. Hayek, and a few others have been drawn to in their lifetimes, even though they were criticized.  They began asking questions and developing them over years in order to help others and build the world, and that is what I am and I was trying to do here.  Not just to get the old formulas from a referential book, but to get real opinions in real time, because that's what matters; how our own kind define revolution or reformation, because aren't revolutionaries and entrepreneurs the same thing?  The risk takers and idea makers that want to make a new world for everyone.  The problem is when the definition of value by one entity is made the definition of everyone by force, and its causes only obstruction.    \u201cGIVE me control of a nation\u2019s money supply, and I care not who makes its laws.\u201d--Mayer Amschel Rothschild  \"\"It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country\"\"--Adam Smith  Ironically, what both Adam Smith and Karl Marx agreed on was a fear that money would become an end to itself, which many people fear is true today.  Shouldn't we ask these questions more often?  I feel it's instinctive:  http://www.businessinsider.com/economy-of-the-future-2012-10\""}
{"_id": "389600", "title": "", "text": "Can you cite who funded it? A reddit commenter saying they say a ST commented claim something is a pretty sketchy source. Seattle Times says this is a UW study published by NBER, so I doubt its partisan propaganda as you're implying."}
{"_id": "389601", "title": "", "text": "Amazon is nothing like Microsoft. Microsoft had a patent on a product that was quickly becoming a norm on people's lives. Amazon's business is more of a middleman service. Other businesses sell on Amazon's platform, so it can't be a monopoly. Plus, iirc Amazon barley even makes a profit"}
{"_id": "389623", "title": "", "text": "&gt;The question is more like, do we want it?  I agree that's the issue, and without doing more research, I think it would be a good thing. Currently it makes almost no sense to hire a woman over a man, other things equal, due to pregnancy risk. Reducing some of maternity leave and making some paternity leave mandatory would reduce the disparity between sexes. Obviously women can breast feed and are more crucial to baby rearing than men in most cases, so they should still have more leave time, but men can play a part sometime after pregnancy.  Men taking leave currently doesn't make as much sense since they generally make more than women. However making leave mandatory can also help reduce wage disparity (if it exists, which is debated), nonetheless I don't see a way in which it can possible increase disparity.   Increasing equality isn't done just for the sake of equality. It is actually beneficial for the economy. Women are probably underutilized in the work force, and eliminating biological differences, makes the other factors much more important for them (intelligence, competence, etc.). In addition, women may focus more on their careers if they know a pregnancy doesn't completely stall them, relative to men, and that they are less expected to be primary children caretakers. This creates a more competitive and productive workforce as a whole.  However, making men take time off obviously reduces productivity a certain amount as they can't work, so you would have to weigh the pros and cons here carefully, which would be quite difficult. In addition, it would be quite lame to force a healthy, willing individual to stop working simply because his spouse has a child, even if his spouse wants to be the primary caregiver. That too can be harmful for mens careers and may possibly reduce the birthrate. Imagine a CEO or manager having to take forced paternity leave when his wife has a baby, that can be a career KILLER in upper management."}
{"_id": "389627", "title": "", "text": "Your score is real-time, updating every time new data hits the reporting agencies. Dilip is correct, go over 20%, and it will hit the report, but then the score returns to normal after the next bill shows a sub-20% utilization.  Say your average spending is $1000, but your limit is $5000. There's no harm in asking for a small increase in the limit, or simply pay a bit toward the bill before the statement is cut. The bill and reported balance will be lower and your score, unaffected."}
{"_id": "389633", "title": "", "text": "What you say makes sense in terms of getting a math degree.  At the very least, get a minor in math (split the difference).  A lot of people get a degree in applied math or operations research/applied math and later go on to careers in finance.  It's less theory and a little more practical application."}
{"_id": "389647", "title": "", "text": "I'm not really that sad to see this. Looking at it, DRM's fruit pulp is a bitter pill enough to swallow, and their 400 masher was pretty galling. Especially when there are juicers on the market that take open source fruit, and are cheaper to buy."}
{"_id": "389654", "title": "", "text": "I am also neither an attorney nor a tax advisor. Yes, the rent money you pay to your friend is taxable income, but suddenly all kinds of expenses around the house - including a fraction of the interest paid on the mortgage - become tax deductible. For example, let's say that the mortgage is $1000 / month and you pay your friend $500 / month. If you live in 50% of the house, then he can deduct 50% (plus or minus) of the expenses associated with owning the house, including: All of these things (50% of them, anyway) become tax deductible.  It'd be quite possible for him to take a loss on the endeavor and actually reduce his taxes every year. Until it comes time to sell; selling a property that has been used as a rental is more taxable than selling a property that has been a personal residence."}
{"_id": "389667", "title": "", "text": "Easier to use calibre when you purchase the book to strip the DRM off the copy you paid for.  If you care about the 'morality' vs 'legality' arguement, this is a lot more straight forward.  'cause if you don't care, why are you buying it to begin with?"}
{"_id": "389672", "title": "", "text": "Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [\u0421\u043f\u043e\u0441\u043e\u0431 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u0411\u0438\u0442\u043a\u043e\u0438\u043d\u0430! \u0421\u0430\u0439\u0442 \u043f\u043e \u0441\u0431\u043e\u0440\u0443 \u0441\u0430\u0442\u043e\u0448\u0438! \u041e\u0442 7000 \u0441\u0430\u0442\u043e\u0448\u0435\u0439 \u0432 \u0441\u0443\u0442\u043a\u0438! \u041a\u0440\u0430\u043d \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430](https://youtu.be/RMueBDJyzKw)|\u0412\u0435\u043a\u0442\u043e\u0440 \u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442|2017-07-18|0:02:43|0+ (0%)|2  &gt; \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0435: | MineBit:...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=dkdby6m\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v1.1.3b"}
{"_id": "389674", "title": "", "text": "&gt;[**\u0422\u043e\u043f \u043b\u0443\u0447\u0448\u0438\u0445 \u0438 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u044b\u0445 \u0441\u0430\u0439\u0442\u043e\u0432 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b! \u0421\u0430\u043c\u044b\u0435 \u0436\u0438\u0440\u043d\u044b\u0435 \u043a\u0440\u0430\u043d\u044b \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u0432, \u0434\u043e\u0433\u043e\u0432, \u043b\u0430\u0439\u0442\u043a\u043e\u0438\u043d\u043e\u0432 2017 [2:52]**](http://youtu.be/S1V292qDMQ8)  &gt;&gt;\u0412\u0441\u0435\u043c \u041f\u0440\u0438\u0432\u0435\u0442!!! \u0412 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e,\u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435,\u043e \u043f\u043e\u043b\u043d\u043e\u043c \u0441\u043f\u0438\u0441\u043a\u0435 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u044b\u0445 \u043a\u0440\u0430\u043d\u043e\u0432 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430, \u0434\u043e\u0433\u043e\u0438\u043a\u043e\u0438\u043d\u043e\u0432 \u0438 \u043b\u0430\u0439\u0442\u043a\u043e\u0438\u043d\u043e\u0432, \u0430 \u0442\u0430\u043a \u0436\u0435 \u043c\u043d\u043e\u0433\u043e \u043e \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u0435 \u0438 \u043d\u0435 \u0442\u043e\u043b\u044c\u043a\u043e! \u0415\u0441\u043b\u0438 \u041e\u0441\u0442\u0430\u043b\u0438\u0441\u044c \u0432\u043e\u043f\u0440\u043e\u0441\u044b, \u043f\u0438\u0448\u0438\u0442\u0435 \u0432 \u0433\u0440\u0443\u043f\u043f\u0443,\u0441\u0441\u044b\u043b\u043a\u0430 \u043d\u0438\u0436\u0435!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^3 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "389697", "title": "", "text": "\"You realize that no matter what we need janitors right?  We need cooks at McDonalds, we need those low end jobs to function as a society.  So no matter how educated we get there will ALWAYS be someone at the bottom.  You can't just tell them to get more education because everyone is doing that.  Even if that individual does, then someone else is now at the bottom.  Now, I don't know the answer to the overall question of minimum wage but your \"\"solution\"\" is ridiculous.\""}
{"_id": "389712", "title": "", "text": "It looks like the interest rate on bonds from 1995 is at least 1.41%. If it is from the earlier part of the year, the interest rate is 4%. Even if it is the latter, I'd say it is worth keeping, although you could likely do better in a CD, it would lock your money up. I'd consider it a part of my bond allocation in my investments and up the equity a little. You can use this link to get actual prices and interest rates: http://www.treasurydirect.gov/BC/SBCPrice"}
{"_id": "389718", "title": "", "text": "\"You seem to be on the right track.  I feel, though, that it's worth addressing your maintenance budget.  Even if both cars described in your question are from the same model year, one has been in service 2x more; one car has been on the road, in weather, twice as much as the other.  I'm not sure what's being represented in the $6k of maintenance, but a whole host of systems can require maintenance or replacement at 200k+ miles.  A/C compressor, all sorts of rubber parts (seals, hoses, belts, bushings), computer systems, stereo, window regulators, the list goes on.  I don't know at what point the battery on a hybrid needs to be replaced, or what that replacement entails, but likely the battery or the hybrid recharge system will require something after 200k miles of service.  I would learn more about what actual maintenance a high mileage prius can experience. To answer your question though, at this level of \"\"used\"\" I don't think the dealership adds anything to the equation.  When you're buying certified pre-owned, the dealership/manufacturer relationship and warranty can be meaningful.  When you're buying a 100k+ miles car from a random small used car lot it might as well be a stranger on craigslist...\""}
{"_id": "389741", "title": "", "text": "The way Google leased to Apple, it would have cost them big time if they had kept using the Google Maps app. Add to the fact that Google would not release Turn-by-turn navigation, Apple decided to take a risk and build their own.  And even though they fucked up, they have the resources get their shit together and still make a profit. I'll be interested to see what happens next."}
{"_id": "389750", "title": "", "text": "I'm a bond trader and we stayed away from this Tesla deal. Tesla is cash flow negative which is a terrible sign for a bond investor and is still relatively young and changing constantly. When assessing fixed income investments you want steady predictable cash flows and positive credit metrics. Tesla has none of that despite the run up in the stock. Even after taking all of these things into consideration the yields aren't even very high reflecting a compression in the amount of spread to treasuries investors are asking for taking on the risk in this kind of name. It speaks to an overvalued high yield market in general.  Ford on the other hand is a mature business with much more favorable credit metrics (debt interest coverage, consistent management, a credit history of borrowing and repaying their loans, etc.). All of these things are reflected in the yield that investors require when buying bonds."}
{"_id": "389772", "title": "", "text": "If you have a reason to celebrate, then there is the reason for Paella party. Any Occasion! Birthday, christening, graduation, engagement, rehearsals, retirement, reunion, and wedding \u2013 our paella is sure to whet your appetite. We bring the restaurant to you in form of paella parties! Discuss prices and availability and let\u2019s get your Paella party started: https://www.interspire.com/forum/member.php?u=503264"}
{"_id": "389809", "title": "", "text": "Will citizens advice be able to help me, or am I only going to get told to seek legal advice anyway? They are just advisory. i.e. help/guide people. They are not responsible for any outcome. What can I do as I'm not the person who's made payment or been paid, but I also don't want to cause the estate agent lots of work from my mistake, but legally no bank will talk to me anyway. You are right. You estate agent would have to follow-up with banks [which you have already done]. Will I have to seek legal action or the estate agent? Once you follow-up with the Banks and the Ombudsman, you should proceed to legal. Legally if it is a mistake on your part, the beneficiary is NOT entitled to the money and has to refund it. However establishing this takes a while and hence most of the times beneficiary does not pay back the money that is not rightfully his."}
{"_id": "389810", "title": "", "text": "&gt;It's almost as though there are violent people and some of them happen to be liberal  Lol. Surely you would use that same logic if  conservatives were the ones burning down college campuses because they don't want to hear an opposing opinion or violently disrupting Democrat campaign rallies right? Stop it."}
{"_id": "389820", "title": "", "text": "They didn't report it was six figures a month, but I work in the industry and know that is the minimum cost for this type of service.  Putting Auto credit freezes on everyone seems like a good idea but I imagine the lenders would go up in arms if that happens because it would hault all new consumer debt."}
{"_id": "389848", "title": "", "text": "If possible, I would open a Canadian bank account with a bank such as TD Canada Trust. You can then have your payments wired into that account without incurring costs on receipt. They also allow access to their US ATM network via TD Bank without additional costs. So you could use the American Affiliate to pull the funds out via a US teller while only bearing the cost of currency conversion. If that option can't work then the best route would be to choose a US bank account that doesn't charge for incoming wire transfers and request that the money be wired to your account (you'll still get charged the conversion rate when the wire is in CAD and the account is in USD)."}
{"_id": "389883", "title": "", "text": "\"I'm far from certain, but I'll take a swing at it.  Equilibrium term structure models \"\"predict\"\" a term structure that we don't observe, and no-arbitrage models \"\"correct\"\" prediction to match reality.  An analogous place to look would be implied volatility surfaces.  Black-Scholes predicts a specific implied volatility surface (or rather, it assumes the surface is flat).  So I think a Hull-White-style no-arbitrage model might work by addressing the difference between predicted and actual surfaces.  Like term structure models, you'd take a set of observed volatilities and somehow plug them into BS so that the BS price didn't imply arbitrage opportunities within the observed set of options.  I'm not at all certain that I'm being clear, and there's a distinct possibility that I'm saying/thinking something stupid.\""}
{"_id": "389898", "title": "", "text": "\"The definition of insurance is the transfer of risk. Thus, you're paying for transferring of a risk (of an item/property) to the insurer (carrier), so that they bear the financial burden of a loss/accident and not you. You could always self-insure, but a lot of times, insurance is cheaper, since due to the \"\"Law of Large Numbers\"\" the insurer can just charge a premium that is small percentage in comparison to the cost of self-insuring.\""}
{"_id": "389916", "title": "", "text": "\"First, let me mention that the reasons mentioned this far for renting are excellent ones. But, I disagree. Second, I would like to mention that I'm just a regular Joe, not an accountant, or a realtor. That said, I was in a similar situation not that long ago. I ended up renting, but I wish I hadn't. You should check out the \"\"offers\"\" in your area. You seem like you're willing to compromise on a more standard, or older home. If that is the case and you are willing to \"\"settle\"\" for an older town-home, or something similar, it might be in your best interest to do so.  In my area for instance, the urban areas are becoming a bit crowded. This is good news for the people who already own homes in those urban areas, but bad news for people who are looking to rent an apartment (which tend to be located in urban areas) or buy a house in these urban areas. The reason I say that is simple; there is only one thing there will never be more of: land. If people are moving into these areas, and there is limited room to build structures, the demand is going up while the supply is unable to keep up. This means an increase in prices. BUT, this can also be used to your advantage.  As the demand for those urban areas goes up, the rural areas around the urban areas are likely to be subsidized. For instance, near me, if you're willing to be 20 minutes from the nearest Walmart and you have a 550+ credit score and a stable income, you're able to acquire a government subsidized loan with 0% down. (I would recommend dropping at least SOMETHING, however, if possible.) Apartments of the size your family is going to require are going to be expensive. People who own apartment buildings are looking to make the most money per square foot. This means most apartment complexes are going to be filled with 1-2 bedroom apartments, but have very few if any 3+ bedroom apartments. (Again, this is my general experience, but it may be different where you're living.)  I suspect the apartment your family is going to need is going to end up being very expensive, especially if people are moving into your town. You might consider trying to get a lower-quality house as apposed to a rare and large apartment for a few pretty obvious reasons: Don't misunderstand me, though. A lot of people get infatuated with the idea of being a home owner, and end up getting into something they will never be able to maintain, and if that happens it's something that's going to follow you for the rest of your life.  As for your student loans, if you NEED to and you qualify you can apply for hardship. This would mean that you don't have to pay anything, or pay a reduced rate for some arbitrary approved amount of time, or until some arbitrary circumstance is met. However, do not take this lightly. While doing this might not necessarily accrue interest (depending on whether or not your loans were subsidized or unsubsidized and a host of other factors it might actually halt interest) these loans will follow you even into bankruptcy. Meaning if you get your student loans postponed and end up losing the house anyway, you have to make a fresh start with a bankruptcy AND student loans on your back.  Furthermore, you can't count your chickens before they hatch, and neither will the banks. A big part of qualifying for a loan is your proof of income. If you haven't had that steady job for 6 months to a year or more, you're going to have a tough time getting a loan. Suppose your wife-to-be DOES start making that income...it's still not going to make a difference to the banks until they can say that it's not just a month long fling.  Last, after reading all this I want to tell you that I am BIAS. I happened to miss the opportunity I'm explaining to you now, and that affects what I think you should do in this situation. Weigh the options carefully and objectively. Talk to your fiance. Talk to your friends, parents, anyone who is close with you. Come to an educated decision, rather than the decision that might be more exciting, or the one you WISH you could take.  Good luck.\""}
{"_id": "389947", "title": "", "text": "Hmmm. I assume to be accepted into a PhD/masters program without a masters one would have to be an absolute stud though. I come from a school that isn't too hot on academics. It is a large public research institution, but it's not a UT or Notre Dame type school. I guess I should talk to my professors about the whole process."}
{"_id": "389953", "title": "", "text": "I have seen this happen with IRS checks, the bank told me that the IRS imposes the requirement.  Otherwise, though, I have frequently deposited checks made out to my wife into a joint checking account without her signature, they have never cared one bit."}
{"_id": "389974", "title": "", "text": "&gt; I know Verizon has a terrible rep about customer service, but I haven't had a terrible time (maybe I'm just lucky).  Really? VZW won the JD Powers &amp; Associates awards for customer service several years in a row now. Also, Consumer Reports rates VZW's service and customer support among the best."}
{"_id": "389985", "title": "", "text": "\"Absolutely terrible idea(s) on many fronts. Firstly, why are you giving away equity at all? usually it's to attract people you otherwise wouldn't be able to hire (like extremely talented coders or business development managers) but normal employees? Bad idea. If you really want to give up equity, then make sure it's only realized (valued) once certain targets are met (i.e. sales/revenue/share price/investment etc). As for the nomenclature, they're not \"\"Co-Founders\"\" - that's typically reserved for the people that foundned the company, not just people who happened to be working for the company it started trading. Call them \"\"founding employee\"\" if you must, but they're certainly not founders. Why does this matter? If the company ever takes iff or you get investment, or you fire one of them or one just gets the idea to sue you, their position name suddenly REALLY matters, and by not being careful, they could win a substantial cut of your company in a lawsuit. there's even stories of employees ganging up on their bosses and they end up owning the company. I know someone that's been involved in high 8 figure suit for 7 years for exactly the same reason. So unless they're putting in startup capital or they're taking a serious hit on their salary in return for compensation in the form of equity, don't give anyone equity.\""}
{"_id": "390015", "title": "", "text": "I'd have a good look at how much anonymity an LLC offers in your state - as far as I'm aware this varies from state to state. Out here in NV an LLC owner's privacy is supposedly fairly well protected, but in other states, not quite as much. Also keep in mind that while the LLC offers some protection (and I'm a big advocate of this sort of structure if you're taking larger risks that might have a big impact on your overall personal finances), this might not apply to financing. A lot of banks tend to require an LLC's owner to guarantee loans to an LLC once they go over a certain amount or even in general. Do some research in this area because the LLC would be worth less as a protective shield to you if you're on the hook for the full amount of the loans anyway."}
{"_id": "390030", "title": "", "text": "But they don't fill the same roles oi society. You can't run into an Amazon that is 5 minutes away and grab a few things you need right away but you can with Walmart. Amazon filled the hole of easy online shopping with a focus on consumers. I understand that they can and could very well take out Walmart at some point but that also assumes Walmart will not adapt at all to the changes they certainly see coming. Assuming it happens soon implies Amazon nailing 1-2 hour delivery really soon. They will also need to have those virtual stores hammered down as well I think, though perhaps not. My point is that it's not nearly as cut and dry as you make it out to be and it's not imminent by any means."}
{"_id": "390052", "title": "", "text": "To start, you should find someone in the field to give you IB advice. Also my numbering is unrelated to yours  1. Get on WSO/other websites, understand the job and KNOW TECHNICALS  2. Know that you can get an IB job from a non target, but it will take a lot of work and some luck  3. Getting the junior year internship is of the utmost importance  4. Networking is how you get interviews. Email every DePaul alumni you can find who's in IB no matter the role and get on the phone with some. Do the same for any person you know.  5. Have an amazing gpa  6. Did I mention networking already?"}
{"_id": "390061", "title": "", "text": "&gt;I would much rather have my money in an up-trend.       Damn right.    Or at least have it liquid. We couldn't sell this house now, even though it's one of the best in the neighborhood. (The nice, but smaller, house across the street has been on the market for over a year.) A few other houses in the neighborhood didn't seem to have any problems being rented, though, so we could likely get rental income from this one if we wanted."}
{"_id": "390066", "title": "", "text": "Mostly ditto Pete B's answer. There's little you can do about closing costs. Some closing costs are government fees. There's nothing you can do about this. Sad and unfair as it is, taxes are not optional and not generally negotiable. Title insurance and fire insurance are required by the lender. Even if you're paying cash, you don't really want to skip on these. If your house burns down and you have no insurance ... well, if you're worried about saving a few hundred on your closing costs, I assume that losing $200,000 because your house burned down and you have no insurance would be a pretty bad thing. Title insurance protects you against the possibility that the seller doesn't really legally own the property, maybe a scam, more likely a mistake or a technicality. You can, and certainly should, shop around for a better deal on insurance. Last couple of housing transactions I made, title insurance was a one-time fee of around $200. (I'm sure this depends on the cost of the house, where you live, maybe other factors.) Maybe by shopping around I could have saved $10 or $20, but I doubt there's someone out there charging $50 when everyone else is charging $200. Fire insurance you're probably paying a couple of thousand a year, more opportunity for savings. Typically the buyer and the seller each have a realtor and they split the fee. If you go without a realtor but the seller hires one, she'll keep the entire fee. So the only way to avoid this expense is if neither of you has a realtor. I've never done that. Realtors cost a ton of money but they provide a useful service: not only helping you find a house but also knowing how to deal with all the paperwork. Plenty of people do it, though. I presume they get the title agency or the bank or somebody to help with the paperwork. There are also discount realtors out there who don't show your home, do little or nothing to market it, basically just help you with the paperwork, and then charge a very low fee. Timing closing for a certain day of the month can reduce what you owe at closing time -- by reducing the amount of interest you pay on the first month's loan payment -- but it doesn't save you any money. You'll make it up over the course of the loan. You might possibly save some money by timing closing around when property taxes are due. Theoretically this shouldn't matter: the theory is that they pro-rate property taxes between buyer and seller so each pays the taxes for the time when they own the house. So again, you might need less cash at closing but you'll make it up the next time property taxes are due. But the formulas the banks use on this are often goofy. Maybe if you live some place with high property taxes this is worth investigating. You could skip the inspection. But inspections I've had done generally cost about $500. If they found something that was a major issue, they might save you from buying a house that would cost tens of thousands in repairs. Or less dramatically, you can use the inspection report for leverage with the seller to get repairs done at the seller's expense. I once had an inspector report problems with the roof and so I negotiated with the seller that they would pay for a percentage of roof repair. I suppose if you're buying a house that you know is run down and will require major work, an inspection might be superfluous. Or if you know enough about construction that you can do an inspection yourself. Otherwise, it's like not buying insurance: sure, you save a little up front, but you're taking a huge risk. So what can you control? (a) Shop around for fire insurance. Maybe save hundreds of dollars. (b) Find a seller who's not using a realtor and then you don't use a realtor either. Save big bucks, 6 to 7% in my area, but you then have to figure out how to do all the paperwork yourself and you severely limit your buying options as most sellers DO use a realtor. Besides that, there's not much you can do."}
{"_id": "390089", "title": "", "text": "In the US, if it's a large donation to a tax-exempt organization (401c3 or equivalent), you may want to consider giving appreciated equities (stocks, bonds, mutual fund shares which are now worth more than you paid for them).  You get to claim the deduction's value at the time you transfer it to their account, and you avoid capital gains tax.  They would pay the capital-gains tax when they redeem it for cash... but if exempt, they get the full value and the tax is completely avoided.  Effectively,  your donation costs you less for the same impact.  It does take a bit of work to coordinate this with the receiving organization, and there may be brokerage fees, so it probably isn't worth doing for small sums.)Transfers within the same brokerage house may avoid those feee.) So again, you should talk to the charity about what's best. But for larger donations, where larger probably starts at a few thou, it can save you a nice chunk of change."}
{"_id": "390091", "title": "", "text": "It\u2019s a known fact that videos can take your advertising campaigns to the next level. But without animation, a video may seem to be a dead body. Decades back, creating cartoons was time-consuming and a strenuous process. But, now it\u2019s extremely easy to create videos packed with loads of elements and components via animation video makers. Let\u2019s know why you must opt for Animated Marketing Videos."}
{"_id": "390102", "title": "", "text": "According to the Form W-8BEN instructions for Part II, Line 10: Line 10.   Line 10 must be used only if you are claiming treaty benefits that require that you meet conditions not covered by the representations you make on line 9 and Part III. For example, persons claiming treaty benefits on royalties must complete this line if the treaty contains different withholding rates for different types of royalties. In tax treaties, some of the benefits apply to every resident of a foreign country.  Other benefits only apply to certain groups of people.  Line 10 is where you affirm that you meet whatever special conditions are necessary in the treaty to obtain the benefit. If you are claiming that Article 15 of the U.S.-India Tax Treaty, you could use Line 10 to do this. It is important to remember that this form goes to the company paying you; it does not actually get sent to the IRS.  Therefore, you can ask the company themselves if filling out Line 9 only will result in them withholding nothing, or if they would need you to fill out Line 10."}
{"_id": "390116", "title": "", "text": "That was my thought.  Looking at it, I'm thinking he's really got two big expenses that he's seeking the money for: New equipment/space to expand production capability with, and advertising funds to get his name out there.  He walked in and owned the room. He put his product in front of people, displayed to the sharks that customization was the name of the game, and was all over exactly that core idea with examples right out of the gate. Yeah, he was doing a pretty good job reaching his immediate investor audience, but let's be perfectly frank here: He turned the first few minutes of the show into a commercial for his product that he's not paying for, and it was a goddamned good commercial. Then he turned around and sold himself as part of that business to anyone who was watching.  If he'd been turned down across the board after that demo and then his dogged determination to keep himself at the helm while displaying that it really was best, and they'd aired that episode...he'd have had his investors. I don't question that a bit. He wasn't selling his idea to sharks, he was running a goddamned infomercial with them as his props.  Even if nobody bought in, he'd given himself a huge advertising boost, allowing him to sink more into production. He was a winner walking out of this no matter what.  EDIT: The royalties also made since from H's perspective. If I'd been in his shoes and had seen this guy in action, I'd have been willing to make that offer just to keep him in my pocket. This dude's already proven he has the personal resources to get a venture started at the basic level, and he's on the ball and a sharp salesman. Even if this hadn't panned out, I'd lay good money that that guy was going to go places, and I'd want a piece of the action when he finally had his break."}
{"_id": "390125", "title": "", "text": "Correction: Myspace didn't buy Facebook.   And that was possibly the death of MySpace.  This is disrupting themselves so someone else doesn't do it, you have to admit they have picked winners thus far.   Match.com - serious dater  OkCupid.com - freemium model Tinder - mobile apps   I mean if you're not on one of those apps and you're doing online dating you're in a niche. Let alone their other less mainstream sites, which gives them near 100% market penetration.   I think it's pretty impressive.   They are outsourcing R &amp; D and just buying innovation and based on their success stories it seems to be working for them.  I might be bias, I met my wife on OKC."}
{"_id": "390140", "title": "", "text": "Our problem is not that a few interest groups have favor, our problem is that dividing the population by interest groups scatters the governments focus in too many directions, catering to many minute interests, often away from the common good. See pluralism/hyper pluralism.  http://m.sparknotes.com/us-government-and-politics/american-government/interest-groups/section5.rhtml  This is good politics. We don't want a government that only extends the protection of the law to majority groups, but this is also the exact reason why government can never be trusted with the distribution of goods and services. When you cater to that one asshole that has to have it his way, everyone else suffers. Why the fuck would you want that in charge of any part of the economy?"}
{"_id": "390164", "title": "", "text": "[Macabus](http://macabacus.com/learn) is one of my favorite resources. It walks you through the model, top to bottom - and best of all it's free.   When you get closer to understanding what you want to do long term, your firm will probably recommend/pay for a more comprehensive program like Training the Street or Wall Street Prep.   It's really hard to master this without working in the field, but if you can demonstrate that you have a strong grasp of the finance, accounting, and modeling (mainly excel) concepts, you will be a rockstar in your interviews."}
{"_id": "390170", "title": "", "text": "We can support people incapable of or unwilling to support themselves without tampering with the labor market by setting an artificial wage floor. The real minimum wage is always 0. Any floor you set above that simply guarantees that someone not providing X dollars of value per hour to their employer will be unemployed."}
{"_id": "390237", "title": "", "text": "I've done a paper on this subject all meme aside. I've read several pro-researches and contra. In all honestly I don't think an UBI is viable. The main reason being the inefficient spending of money.   It was a nice thought-experiment and a nice idea but unfortunately no"}
{"_id": "390252", "title": "", "text": "I'll break it down into steps. Total gain/ loss for the whole thing is 5 CAD. You only have to worry about these calculations if you keep some USD and convert it at your leisure.  Or if you have a US dollar in your wallet from your last vacation. Don't forget to subtract commissions (converted to CAD of course). *Some people just use an average exchange rate for the whole year, which you can also get from the BoC. ^There's $200 of tax free gains allowed for pure currency transactions.  This allows small gains to be ignored."}
{"_id": "390274", "title": "", "text": "Why not get her a credit card of her own, while she is still in the US? My experience with Canadian banks is that they were delighted to issue credit cards to I-turned-18-yesterday with no income. We did not cosign these applications. You can then give her a budget and pay up to that amount of her credit card bill each month (you should be able to do this online.) Should she overspend, she may have to scrimp for a while until your payments bring the balance back to zero. Don't delay on this though: I doubt any UK bank will issue her a card with no credit history and having only just moved to the country. And get a chip and pin if you can, they work everywhere in Europe."}
{"_id": "390275", "title": "", "text": "I thought the line is much blurrier than that though. Say you have a company with divisions. An overseas division makes an item, sells it to another division overseas for final packaging, then it's sold domestically. The domestic division should only pay taxes on the profits they earn, and overseas on the profits from what they ship.   But the company only wants to pay minimal taxes, so they set the foreign price high so that a majority of profits are made overseas. Who will argue that this isn't correct? Isn't that it? It's not foreign sales but interdivisional markup?"}
{"_id": "390289", "title": "", "text": "As soon as the USA left the gold exchange standard, total factor productivity began to dramatically stagnate.   We can trace it back to the early 1900s, but because of electricity, oil, automobiles and computers it is best to track it from Nixon taking us off the gold standard:  http://azizonomics.files.wordpress.com/2012/06/tfp.jpeg  Coincidence? I don\u2019t think so \u2014 a fundamental change in the nature of the money supply coincided almost exactly with a fundamental change to the shape of the nation\u2019s economy. Is the simultaneous outgrowth in income inequality a coincidence too?  Keynesians may respond that correlation does not necessarily imply causation, and though we do not know the exact causation, there are a couple of strong possibilities that may have strangled productivity:  1.Leaving the gold exchange standard was a free lunch for policymakers: GDP growth could be achieved without any real gains in productivity, or efficiency, or in infrastructure, but instead by just pumping money into the system.  2.Leaving the gold exchange standard was a free lunch for businesses: revenue growth could be achieved without any real gains in productivity, or efficiency.  And it\u2019s not just total factor productivity that has been lower than in the years when America was on the gold exchange standard \u2014 as a Bank of England report recently found, GDP growth has averaged lower in the pure fiat money era (2.8% vs 1.8%), and financial crises have been more frequent in the non-gold-standard years.  Bottomline, it is the best explanation for a fall in productivity even factoring in computers."}
{"_id": "390293", "title": "", "text": "&gt; Subsiding green and taxing pollutants seems to be the only way to mitigate climate change  Sorry, no can do, that's government interference in economy.  (I am being sarcastic in order to show the short- sightedness of some laissez-faire advocates.)"}
{"_id": "390304", "title": "", "text": "Negative. I'm selecting all available historical data... to only focus on this last year is not relevant to which American car company has sold the most electric cars in the US. It doesn't mean it will last forever, but those are currently the numbers."}
{"_id": "390311", "title": "", "text": "The one big drawback I know is when you take the mortgage credit, your credit ability is calculated, and from that sum all of your credits are subtracted, and credit limit on credit card counts as credit...  I don't know if it is worldwide praxis, but at least it is the case in Poland."}
{"_id": "390332", "title": "", "text": "Moving along with the changes in the life is very crucial for growth. Changes come with various opportunities as well as threats in life. So, make changes accordingly is important. Also, understanding our own change process is helpful to personal growth and can help us to help others too."}
{"_id": "390343", "title": "", "text": "From what I Understand, people put up with BofA because it's convenient in that there are branches everywhere in the country. Not sure if it's worth it, but if you're a normal banking customer, your won't face any of those fees."}
{"_id": "390359", "title": "", "text": "\"I invested in Prosper.com loans.  I'm getting out.  I only have about $37 left, and as the principal is doled back to me, I withdraw the money.  The default rate I experienced was over 30%.  Only six of the 53 loans I invested in were with borrowers whose credit rating was less than \"\"A.\"\"  Borrowers with a rating of \"\"A\"\" and \"\"AA\"\" had a higher proportion of defaults that those below \"\"A\"\". Some of my blogging colleagues were wise enough not to start this game. Some who invest in other P2P lending are almost certainly doing it with \"\"found money.\"\"  They post articles with affiliate links.  As people sign up, they get the commissions deposited in their accounts, which they invest.  As they update their blogs with the returns on their portfolio, it serves to encourage more signups, and the machine continues on.  Even if they lose money on the invested loans, they're still ahead.  To paraphrase John Chow's tagline:  They make money with Lending Club by telling people how much money they're making with Lending Club.  It's almost like investing with the house's money. My high default rate might be because I started earlier in the game.  Borrower screening and criteria have gotten tighter with time. I don't recommend investing in P2P loans.  My experience has been that a large percentage of borrowers requesting loans on these sites have run out of options, which the credit reporting doesn't reflect accurately enough.\""}
{"_id": "390364", "title": "", "text": "Nothing you can say or do will help. I've tried to convince a friend to quit amway. Once people get emotionally invested there's no goin back. They've invested so much already and cutting one's losses is something people can't do."}
{"_id": "390365", "title": "", "text": "Humans are not innately evil and manipulative creatures that try to screw others over. We just happen to live in an economic system that disproportionately rewards those willing to do those behaviors with money and power. People using the human nature argument are just trying to make themselves feel better for supporting an exploitative economic system. A form of self validation."}
{"_id": "390366", "title": "", "text": "Rational reason. They like this method of paying. There is a delay between writing the check and having the money removed from the account. Their checkbook makes a carbon copy of the check, so they can update their balance easier. They can leave the store and update their checkbook register, or the spreadsheet or their Quicken or budget application data. They don't have to try and remember the amount, store name or date."}
{"_id": "390368", "title": "", "text": "As a sole proprietor, the tax liability of your business is calculated based on combining your business income with your personal income together.  It is good advice to keep all personal and business financial matters separate. This makes it easier to prove to the IRS that all your business expenses are actually business related. In this case however, the two items [tax payment for personal income vs tax payment for business income] are inseparable. What you can do, however, for your own personal records, is calculate how much of your tax payment relates to your business. I wouldn't get complicated about this; I would simply take the net income of your business as a % of your taxable income, and multiply that against your tax payment. ie: if your business net income is $10,000, and your total taxable income is $50,000, and you paid $6,000 in taxes, I would record that 20% of the $6k was related to business income. If you have a separate bank account for your sole proprietorship, you could make a transfer to your personal account of $1,200, and then make the $6k payment from your personal account. Remember that tax payments for either your sole proprietorship and your personal income will be treated the same: federal tax payments are not tax deductible, and state tax payments are tax deductible, whether they were paid for your sole proprietorship or the rest of your personal income. So even though this method is simplistic [for example, it doesn't factor in that different investment income types earned personally will have a lower rate than your sole proprietorship income], any difference wouldn't have an impact on any future tax liability. This would only be for your own personal record keeping."}
{"_id": "390374", "title": "", "text": "If you read all that paperwork they made you fill out at the emergency room, there is probably something in there explicitly stating that you owe any bills you rack up regardless of what happens with the insurance company. They generally have a disclaimer that filing for you with your insurance company is a courtesy service they offer, but they are not obliged to do it.  Ultimately, you are responsible for your bills even if the provider slow-billed you.  Sorry."}
{"_id": "390380", "title": "", "text": "The funny thing is  - this is total bullshit, the major assumption underlying VAR along with many other financial products is that your assets have a certain correlation to oneanother, and you calculate your risk hedges on this assumption. VAR is a terrible way of managing firmwide risk, and always will be, because it doesn't protect you from a deleveraging environment, when all asset values fall and former inverse correlations don't protect you anymore."}
{"_id": "390392", "title": "", "text": "If you think it\u2019s the \u201csmall government\u201d guy doing this then you're really missing information. It\u2019s all the Democrats and Republicans. If you don\u2019t believe me, just check out the story of the Comcast/GE merger and how much of the Obama administration was made up of Comcast execs."}
{"_id": "390397", "title": "", "text": "Because the federal government won't use the money to buy a car thus generating profits for the car company. The aim of cheap loans is to drive sales of cars. The difference between the amount of interest paid on the loan, and the amount they could have got by investing it elsewhere, is simply a reduction in the profit. This is true whatever the actual interest rates are."}
{"_id": "390435", "title": "", "text": "If you itemize your deductions then the interest that you pay on your primary residence is tax deductible. Also realestate tax is also deductible. Both go on Schedule A. The car payment is not tax deductible.  You will want to be careful about claiming business deduction for home  or car. The IRS has very strict rules and if you have any personal use you can disqualify the deduction. For the car you often need to use the mileage reimbursement rates. If you use the car exclusively for work, then a lease may make more sense as you can expense the lease payment whereas with the car you need to follow the depreciation schedule.  If you are looking to claim business expense of car or home, it would be a very good idea to get professional tax advice to ensure that you do not run afoul of the IRS."}
{"_id": "390439", "title": "", "text": "\"When private companies are dishonest, or \"\"run roughshod over workers\"\", if effects no one but those workers.  It also puts that company at a competitive disadvantage as employees don't want to work there.  This creates an opening in a competitive market for an honest company to grow.  Plus, there will always be honest and respectful companies to work for as long as a market is competitive (little regulation).  I work for a very large company today that values its employees greatly.  When unions are dishonest, especially public employee unions, it takes its toll on everyone.  Their salaries and benefits come from our local property and state income taxes.  Their dishonesty is a growing financial burden to my family and friends.  In no way does a higher percentage of union workers benefit \"\"everyone\"\".  It benefits those specific union workers who are unfairly given money that has been forcefully taken from a tax payer.\""}
{"_id": "390446", "title": "", "text": "If you're worried about the account number just take a statement and black out the account number with a Sharpie or the like.  That is if the account number even appears on it, these days it often doesn't."}
{"_id": "390447", "title": "", "text": "\"Pre-edit, Pete mentioned that he feels real estate agents would (a) like you to buy as much house as you afford, and (b) would love to show you three houses and have you choose one.  As a real estate agent myself, I believe his warnings were understated. As with any industry, there are good and bad people. Agents are paid to move houses. If the median US home is under $200K, and commissions average say 5%, the $10,000 to be gained is split between the buyer brokerage and selling agent. The $5000 to each is then shared with 'the house.' So, this sale would net me $2500, gross. Move one a week, and the income is great, one per month, not so much. Tire kickers will waste an agent's time for a potential decision to wait another year and continue renting. Their obligation is to tell you the truth, but not to offer financial advice.  Remember the mortgage crisis? It seems the banks and brokers aren't watching out for you either. They will tell you what they'll lend you, but not what you can afford. These numbers are worlds apart.  I strongly recommend a 20% downpayment. The FHA PMI calculator shows that a 90% LTV (i.e. a 10% downpayment) for a $100K house will cost you $1200/yr in PMI. Think about this. For the $10,000 that you didn't put down, you are paying an extra $1200 each year. This is on top of the interest, so even at 5%, that last $10,000 is costing nearly 17%. If you can't raise that $10K (or whatever 10% is on that house) in cheaper funds, you should hold off. Using the 401(k) loan for this purpose is appropriate, yet emotionally charged. As if suck loans are written by the devil himself.  \"\"Buy the biggest house you can\"\"? No. I have a better idea. Buy the smallest place you can tolerate. I have a living room (in addition to family room) that has been used 3 times in 20 years. A dining room we actually use. Twice per year. When your house is 50% too big, you pay 50% more property tax, more utility bills, and more maintenance. Closing costs, commission, etc, isn't cheap, but the lifetime cost of living in a too-big house is a money pit.\""}
{"_id": "390456", "title": "", "text": "Both Wells Fargo and Chase are participants in clearXchange, which enables the various QuickPay type services to work with each other.  They may be using this system rather than an ACH wire transfer to transfer your money (and to verify the account)."}
{"_id": "390461", "title": "", "text": "\"To answer the heart of your question, it would be illegal for any credit bureau or creditor to somehow \"\"penalize\"\" you just for trying to make sure that what's being reported about you is accurate.  That's why the Fair Credit Reporting Act exists -- that's where the rights (and mechanisms) come from for letting you learn about and request accurate reporting of your credit history. Every creditor is responsible for reporting its own data to the bureaus, using the format provided by those bureaus for doing so. A creditor may not provide all of the information that can be reported, and it may not report information in as timely a manner as it could or should (e.g., payments made may not show up for weeks or even months after they were made, etc.). The bottom line is that the credit bureaus are not arbiters of the data they report.  They simply report.  They don't draw conclusions, they don't make decisions on what data to report.  If a creditor provides data that is within the parameters of what the bureaus ask to be provided, then the bureaus report precisely that -- nothing more, nothing less. If there is an inaccuracy or mistake on your report, it is the fault (and responsibility) of the creditor, and it is therefore up to the creditor to correct it once it has been brought to their attention.  Federal laws spell out the process that the bureau has to comply with when you file a dispute, and there are strict standards requiring the creditor to promptly verify valid information or remove anything which is not correct. The credit bureaus are simply automated clearinghouses for the information provided by the creditors who choose to subscribe to each bureau's system.  A creditor can choose which (or none) of the bureaus they wish to report to, which is why some accounts show on one bureau's report on you but not another's. What I caution is, just because a credit bureaus reports on your credit doesn't mean they have anything to do with the accuracy or detail of what is being reported.  That's up to the creditors.\""}
{"_id": "390471", "title": "", "text": "I don't get that comparison at all. The guy still gets his. Business profits go up and down. Real CEO's figure out how to make more profits under given circumstances. Whiny children complain about it not being fair and fire all their staff out of spite.  If I was a shareholder I'd be worried. Not about Obama but about the loose cannon CEO that is threatening to devalue my stock out of spite because he doesn't know how to run a business properly."}
{"_id": "390474", "title": "", "text": "\"The logic \"\"the interest rate on the mortgage was so low it didn't make sense not to buy\"\" is one reason the housing bubble happened. The logic was that it made the house affordable even at high prices. Once the prices collapsed people still had affordable payments, but were unable to sell because they were upside down on the mortgage. If you can refinance to a 15-year mortgage, or from a adjustable mortgage to a fixed rate mortgage. it can make sense. You can save on the monthly payment, and on the total cost of the mortgage. But don't buy to take advantage of rates; or to save on taxes; or to build a guaranteed equity. These can be false economies or things that can't be gaurenteed. Of course if nobody spends money, the economy will stay poor. As to hidden details. Only purchase housing you want to own for the long haul. If you expect to flip it in a few years, you might not be able to. You might end up stuck as a long distance landlord.\""}
{"_id": "390480", "title": "", "text": "So, if it was a personal account, and not an investment in Refco, you should have been insured by the SIPC for $500,000 for your securities, and $100,000 or more for cash.    If you had all your money invested in Refco, you weren't diversified, which is one of the first rules of investment.  It's not fun to learn this the hard way, I know from experience, but you should never invest more in any one stock than you can afford to lose.  Learn from your mistakes rather than blame the big guys vs little guys."}
{"_id": "390484", "title": "", "text": "Another suggestion I heard on the radio was to give the child the difference between the name brand they want, and the store brand they settle on.  Then that money can be accumulated as savings. Saving money is as important a feature of the family economy as earning money. Be careful with what you have a child do for reward vs what you have them do as a responsibility.  Don't set a dangerous precedent that certain work does not need to be done unless compensation is on the table.  You might have a child who relies on external motivations only to do things, which can make school work and future employment hard. I would instead have my child do yard work, but while doing it explain opportunity costs of doing the work yourself vs hiring out.  I would show my kid how saving money earns interest, and how that is essentially free money."}
{"_id": "390488", "title": "", "text": "Wadi Swat Passengers Buses Transport is one of the leading bus rental, bus lease and bus hire company in the UAE. If you are looking for bus rental companies in   Sharjah, Dubai and Abu Dhabi, you have came to the right place. You will choose from a variety of services and a big fleet of vehicles. We have a big team of dedicated   professionals. We are here to serve all your transportation needs and meet all your dreams and expectations in high class buses in affordable rates. In fact, there are   huge numbers of companies in the market yet, we are having the biggest fleet for Luxury Bus, School bus, Minibus and staff transportation buses in the town. We provide   transportation services for schools, colleges, universities, institutes, hotels, construction and contracting companies."}
{"_id": "390490", "title": "", "text": "\"Yes!  It all starts with the family unit and an emphasis on education.  One common trait I see in both rural white \"\"redneck\"\" communities and urban black \"\"ghetto\"\" communities is a propensity towards anti-intellectualism.  In both of those communities, studying, schoolwork, and getting good grades is kind of looked down upon or ridiculed.  The community seems to view this as the student thinking he/she is \"\"better\"\" than they are.    Being from a small town in Georgia, I saw more of the redneck side of it.  Fortunately, I was in a family that emphasized education.  That is the reason I'm where I'm at today.\""}
{"_id": "390512", "title": "", "text": "\"**Here's a sneak peek of /r/NoCorporations using the [top posts](https://np.reddit.com/r/NoCorporations/top/?sort=top&amp;t=all) of all time!**  \\#1: [Did you know that before 1973 it was illegal in the US to profit off of health care. The Health Maintenance Organization Act of 1973 passed by Nixon changed everything.](https://np.reddit.com/r/conspiracy/comments/5znp70/did_you_know_that_before_1973_it_was_illegal_in/) | [11 comments](https://np.reddit.com/r/NoCorporations/comments/5zrg1k/did_you_know_that_before_1973_it_was_illegal_in/)   \\#2: [Congresswoman behind bill to let ISPs sell your search history took $693,000 from industry: \"\"Representative Blackburn hasn't done a single thing that crosses the phone and cable lobby\"\"](http://www.vocativ.com/415350/house-rep-pushing-to-set-back-online-privacy-rakes-in-industry-funds/) | [4 comments](https://np.reddit.com/r/NoCorporations/comments/61zmax/congresswoman_behind_bill_to_let_isps_sell_your/)   \\#3: [The FCC is actively working against consumers](http://bgr.com/2017/08/12/fcc-net-neutrality-rules-ajit-pai/) | [13 comments](https://np.reddit.com/r/NoCorporations/comments/6tfnae/the_fcc_is_actively_working_against_consumers/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)\""}
{"_id": "390524", "title": "", "text": "\"A lot (sometimes called a round lot) always refers to the quantity of physical good that you're getting, like a carton of eggs or a barrel of oil.  The tricky thing in the case of forex is that the physical good also happens to be a currency. A spot currency product trades in the denomination on the right-hand side (RHS) of the product name.  So if you're buying EUR/USD you are paying USD currency to get EUR \"\"units\"\", and if you're selling EUR/USD you are receiving USD by giving away EUR \"\"units\"\".  The EUR is the \"\"physical good\"\" in this case. The way I remember it is to think of all products (not just currencies) as trading pairs.  So AAPL in my mind is AAPL/USD.  When I buy AAPL/USD I am paying USD to get AAPL units.  When I sell AAPL/USD I am receiving USD by giving away AAPL units. The thing on the left is the physical good (even if it happens to be money) that you are exchanging, and the thing on the right is the money that you are exchanging. So, when I buy a lot of AAPL, I am buying 100 shares at their current price in dollars. Similarly, when I buy a lot of EUR/USD, I am buying 100K Euros at their current price in dollars.\""}
{"_id": "390527", "title": "", "text": "This is why I'm wavering on chain restaurants. They used to be kind of a decent deal, now they're just bullshit. The food got worse and the prices went up. Don't get me started on Italian restaurants. 15 dollars for a plate of pasta, give me a fucking break."}
{"_id": "390529", "title": "", "text": "\"In the US, a private company with less than 500 owners can dictate who can or can't become a shareholder (this is true in general, but I'm sure there are loopholes).   Prior to Google's IPO I could not buy shares in Google at any price.   The reason Google was \"\"forced\"\" to go public is the 500 shareholder rule.   At a high level, with 500 shareholders the company is forced to do some extra financial accounting and they no longer can control who owns a share of the company, allowing me to purchase shares of google at that point.  At that point, it typically becomes in the companies best interest to go public. See this article about Google approaching the 500 shareholder limit in 2003. Further, Sorkin is not quite correct that \"\"securities laws mandate that the company go public\"\" if by \"\"go public\"\" we mean list on a stock exchange, available for general purchase.   Securities laws mandate what has to be reported in financial reporting and when you have to report it. Securities laws also can dictate restrictions on ownership of stock and if a company can impose their own restrictions. A group of investors cannot force a company onto a stock exchange.   If shares of Facebook are already for sale to anyone, then having >500 shareholders will force Facebook to file more paperwork with the SEC, it won't force Facebook onto the NYSE or NASDAQ.   When that point is reached, it may be in Facebook's best interest to have an IPO, but they will not be required by law to do so. Update:  CNN article discusses likely Facebook IPO in 2012. When companies have more than 500   shareholders, they're required to make   significant financial disclosures --   though they can choose to remain   private and keep their stock from   trading publicly. However, most   companies facing mandatory disclosures   opt to go public. The Securities and Exchange Commission   gives businesses lots of time to   prepare for that milestone. Companies   have until 120 days after the end of   the fiscal year in which they cross   the 500-shareholder line to begin   making their disclosures. If Facebook   tips the scale this year, that gives   it until April 2012 to start filing   financial reports.\""}
{"_id": "390548", "title": "", "text": "&gt; It's been awfully difficult for clean energy startups to raise money lately, and funding those startups would have a lot more impact.  With so many green startups going bankrupt, it must seem like a risky and fruitless investment."}
{"_id": "390550", "title": "", "text": "Just my opinion..in Canada uni and college are different ..college is much more practical and short term  for example I can go learn HVaC (trade)in 6-8 months and have a job within a year or so) in college. I don't think there are courses more than 3 years in college (unless it's linked to university, but that college and uni usually have an agreement of some sort ) ..it is also difficult to transfer credits from college to university (rather complex system up here) I went to college for nursing 3 years ..my loans are under 18k total I'm set to make 50k minimum ..college here is worth it to me. Now they've made it free to go to college if you make under 45k a year in the province of Ontario so now it's def worth it lol \ud83d\ude02 But I have many friends who are in the states, and they have terrible majors like global studies and some other nonsense I've never heard before, its clear that there is no job description for that and the institution is swindling students ..seems that you have to be in the right field of study to be successful ..just my two cents ..depends on the country as well"}
{"_id": "390556", "title": "", "text": "\"From what you say, a savings account sounds like the most appropriate option.  (Of course you should keep your checking account too to use for day-to-day expenses, but put money that you want to sock away into the savings account.) The only way to guarantee you won't lose money and also guarantee that you can take the money out whenever you want is to put your money in a checking or savings account.  If you put it in a savings account you will at least earn some paltry amount of interest, whereas with a checking account you wont.  The amount of interest you earn with only a few hundred (or even a few thousand) dollars will be miniscule, but you know that the nominal value of your money won't go down. The real value of your money will go down, because the interest you're earning will be less than inflation.  (That is, if you put $1000 in, you know there will be at least $1000 in there until you take some out.  But because of inflation, that $1000 won't buy as much in the future as it does today, so the effective buying power of your money will go down.)  However, there's no way to avoid this while keeping your money absolutely safe from loss and maintaining absolute freedom to take it out whenever you want. To address a couple of the alternatives you mentioned: It's good that you're thinking about this now.  However, you shouldn't worry unduly about \"\"getting the most out of your money\"\" at this stage.  As you said, you have $400 and will soon be making $200/week.  In other words, two weeks after your job starts, you'll have earned as much as your entire savings before you started the job.  Even if all your cash \"\"went down the drain\"\", you'd make it up in two weeks. Of course, you don't want to throw your money away for nothing.  But when your savings are small relative to your income, it's not really worth it to agonize over investment choices to try to get the maximum possible return on your investment.  Instead, you should do just what you seem to be doing: prioritize safety, both in terms of keeping your money in a safe account, and try to save rather than spending frivolously.  In your current situation, you can double your savings in one month, by working at your part-time job.  There's no investment anywhere there that can even come close to that.  So don't worry about missing out on some secret opportunity.  At this stage, you can earn far more by working than you can by investing, so you should try to build up your savings.  When you have enough that you are comfortable with more risk, then you will be in a position to consider other kinds of investments (like stock market index funds), which are riskier but will earn you better returns in the long run.\""}
{"_id": "390559", "title": "", "text": "Short answer is yes, all the firms are required to keep enough resources on hand to pay claims that may arise from even extreme events like the recent hurricanes.  Insurance firms are rated based on their claims-paying ability and it is absolutely critical for them to maintain enough cushion to pay claims.  If insureds lose confidence, they won't be able to write any more business, and they are done.  In addition, to manage tail risks, primary insurers like Allstate will often purchase reinsurance.  So, for example, Allstate might go to Swiss Re and buy a policy that kicks in once Allstate's liability exceeds $5bn for a given event."}
{"_id": "390569", "title": "", "text": "Whether the amount so received from my son is taxable as my income in India ? No there is no tax liability for you. The money you received from you son would be treated as Gift and would come under Gift-Tax rules. As per current Gift Tax rules, you can receive unlimited funds from close relative, like your son. Any income you generate on these funds, i.e. interest on savings account, FD, etc is taxable to you. Your son maybe liable for taxes in US as in US Gift tax is on donor [i.e. your son]. The yearly limit is $14000 per person after which it can be deducted from estate limit or taxes paid."}
{"_id": "390571", "title": "", "text": "Nowadays toughened glass is becoming popular choices for the showrooms &amp; offices who really want to impress their clients through extravagant look in entrances. The main advantage of choosing glass shopfronts is that gives incredible strength and reliability with their frameless build. Send us an email with your requirement at info@supremeshopfronts.com and our experts will get in touch"}
{"_id": "390582", "title": "", "text": "\"Oh look, exactly what technology folks have been saying for a while now!  \"\"They're just asking for the moon, and not expecting to pay very much for it,\"\" Cappelli says. \"\"And as a result they [can't] find those people. Now that [doesn't] mean there was nobody to do the job; it just [means] that there was nobody at the price they were willing to pay.\"\"  Wanted, graybeard with 20 years programming experience in obscure languages on expensive and rare systems. Starting pay $25k, expected to work 60 hours a week and be oncall all the time.\""}
{"_id": "390592", "title": "", "text": "\"Tennessee is piloting a TSA \"\"on the ground\"\" program called [VIPR](http://en.wikipedia.org/wiki/Visible_Intermodal_Prevention_and_Response_team). This involves stopping vehicles and searching. From a liberty standpoint, this is in direct opposition to [Freedom of movement](http://en.wikipedia.org/wiki/Freedom_of_movement)  In addition, the same article mentions: \"\"Current US Code addresses air travel specifically. In 49 U.S.C. \u00a7 40103, \"\"Sovereignty and use of airspace\"\", the Code specifies that \"\"A citizen of the United States has a public right of transit through the navigable airspace.\"\"\"\"\""}
{"_id": "390598", "title": "", "text": "Since recent changes to credit scoring (July 2017) it may not be necassary to do this, as more emphasis is placed on having a timely payment history and less emphasis is placed on having a low credit utilization ratio. Using what\u2019s known as trended data is the biggest change. The phrase   means credit scores will take into account the trajectory of a   borrower\u2019s debts on a month-to-month basis. In fact, having a low credit utilization ratio may even negatively effect you (if your available credit line value is high): ... VantageScore will now mark a borrower negatively for having   excessively large credit card limits, on the theory that the person   could run up a high credit card debt quickly. Those who have prime   credit scores may be hurt the most, since they are most likely to have   multiple cards open. But those who like to play the credit card   rewards program points game could be affected as well. source"}
{"_id": "390599", "title": "", "text": "I received the same error message and was able to resolve the issue by checking line 7 of my 1040 form( where the total income from wages,tips,etc as stated on the W-2) and deleting the quantity I had placed in either of the gray boxes. If you wrote the sum of your income on the doted lines in either of the gray areas of line 7 (or other such areas on other lines) then this error might result. The grey areas as I understand it, are reserved for certain descriptors which are defined in the 1040 instructions included with the free file fillable form 1040."}
{"_id": "390614", "title": "", "text": "If they charge a fee to accept an item, it's reasonable to assume the item has insignificant value, so the only tax-deductible bit would be the money you donated to their charity. What you describe sounds like a fee for service, not a charitable donation. The organization should provide a fee breakdown to show what percentage (if any) of the fee is a deductible contribution. There could be some additional PA-only tax benefit, but I didn't come across anything in my brief search."}
{"_id": "390615", "title": "", "text": "You are missing that loads of people want a car that does not run on fossil fuel. And Tessla is currently the only one who is dedicated to offering this.   You are also missing that Tessla is now the game changer of the car industry. Think what you will of the man and the products. But the traditional auto industry is terrified. They see that people clearly want something that they have difficulties offering with their huge production lines for motors, gear boxes and what have you.  Tessla might go bust. But the auto industry will never again be what it was."}
{"_id": "390619", "title": "", "text": "The mortgages were pooled with other mortgages and sold off to other firms, in theory mitigating the risk. However, the reason lenders searched out these types of deals was because they could use the lack of credit rating etc as an excuse to charge much higher interest rates.   Chase and most lenders made their money by borrowing their funds from some other institution and then lender it out to these borrowers so they were always looking for a large yield spread. Account Executives made more money on sub prime because everyone made more money on those deals.   That is of course, until the pools hit a percentage rate of foreclosures, forcing a buy back of the pool. Then all of the small time players, like New Century went bust when their investors called them to buy the pools of mortgages back."}
{"_id": "390635", "title": "", "text": "The more the stock is worth, the more it needs to rise to make a profit. You can buy some stock from Google or amazon, but that's about all the stock you'd have... Start small with companies you know and trust that have an upward trend."}
{"_id": "390637", "title": "", "text": "Directory submissions are one of the most effective ways to increase your backlinks. These presentations infuse your website with quality, relevant and natural links that are highly prized by search engines. As search engines become increasingly strict about the quality of links, the links through the directory template provide a great source of high quality one-way links. These links are one of the main factors that positively influence the page range of your pages. They also improve the search engine positioning of your website."}
{"_id": "390642", "title": "", "text": "If the interest rate in both mortgages is the same, then yes, you will end up paying the same amount in interest if both are paid off in 15 years. However, in practice, almost always a 15-year mortgage will have a much lower interest rate that a 30-year mortgage. Also, if you are thinking of taking out a 30-year mortgage with the intention of paying it off early, make sure it does not have an early payment penalty; this is a penalty the bank will charge you if you pay back the loan early."}
{"_id": "390655", "title": "", "text": "Pay the debt down. Any kind of debt equals risk. No debt equals no risk and a better chance to have that money earn you income down the road once it's invested. That and you will sleep so much better knowing you have ZERO debt. You 6 month emergency fund is probably good. Remember to keep it at 6 months living expenses (restaurants don't count as living expenses)."}
{"_id": "390667", "title": "", "text": "That's the way society works. I pay for my local schools (both in CA and OK). I'm okay with that because it is the kind of society I want to live in. I also pay a fuckload for the military. I'm not sure I'm getting good value for those payments."}
{"_id": "390668", "title": "", "text": "Caribbean Edibles infused full spectrum hemp oil into all of our organic fruit-flavored products totally masking all of the original guava flavored hemp oil taste. Making it a delightful addition to your daily supplement intake. Every drop reminds you of that amazing Caribbean trip took with your loved ones"}
{"_id": "390673", "title": "", "text": "\"I consider myself a fairly successful person, and I think that I've made a lot of good decisions to help me get there. What strikes me is how often, in retrospect, I was making those good decisions based on incorrect or insufficient information. Further, I really had *no way* of knowing at the time that my reasoning was lacking.   It would be attribution error to ignore these instances and pretend like I have overwhelmingly good judgment. I've seen other people act on the basis of similarly poor information - when it doesn't work out, the typical reaction is something like \"\"I feel no sympathy since you made a terrible decision. You should have known better.\"\" Please see any thread on the current student debt crisis, and you will see examples of what I mean.   We are all, even the geniuses among us (I do not count myself as one, but I do believe I know a few), fallible. Lewis isn't suggesting we should feel guilty about success, or feel like somehow we don't deserve prosperity. His point is rather that we will never have earned the right to be greedy, that we always have a duty to those less fortunate.\""}
{"_id": "390689", "title": "", "text": "You become a teacher; generally K-12, but I have heard from the DOE   that teachers at state schools qualify as well. This is not 100% correct. Teaching in certain disciplines and areas (STEM, Special Education, Title 1 schools) can qualify for student loan debt forgiveness DEPENDING on the type of debt. For instance, I believe the Federal loan forgiveness program only covers debt remaining after 10 years of teaching in a qualified discipline.  Do verify this as it's been several years since I looked into the matter. The DOE has a student loan forgiveness program, but the scope of it is somewhat narrow.  I would encourage anyone considering this approach to investigate it in detail before committing to a career in teaching. Some states have similar programs, but they typically have limitations as well."}
{"_id": "390693", "title": "", "text": "I would like to point out that LISTERINE is the company behind the breath strips. Some products are fad products and realized as just that. Once the fad is over companies stop production (or at least greatly reduce it) and move on."}
{"_id": "390709", "title": "", "text": "China is doing this more out of necessity than any futuristic, environmentalist mindset. They're starting to see the writing on the wall - they will suffer some of the most damage due to the crap we as a species have put our planet through."}
{"_id": "390712", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Fed's 'Great Unwinding' lifts dollar, China rating gets the chop](https://www.reddit.com/r/Economics/comments/71jv6z/feds_great_unwinding_lifts_dollar_china_rating/) on /r/Economics with 5 karma (created at 2017-09-21 19:26:00 by /u/Fitness_and_Finance)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "390725", "title": "", "text": "Simply put, 100% stock dividend is 1:1 or 1 for 1 bonus share, as explained above, if you held 100 shares after 1:1 bonus you would have 200 shares (100 original, another 100 as bonus). The impact on the stock price is that the price becomes 1/2 the price of the stock before bonus (supply has doubled). 1:1 bonus is nor exactly like a 2:1 / 2 for 1 stock split, in a split the face value if the share would also go down. In effect, any bonus share is not of any fundamental value to the shareholder, as the companies usually capitalize reserves from previous year/years this way as the value of the company does not change fundamentally. In effect the company is taking your money and giving you shares instead."}
{"_id": "390733", "title": "", "text": "\"When I left the UK four years ago, free banking is still an option and I'm pretty sure it still is.  Therefore, you have chosen to have a bank account with a 5.00/month charge.   In return for this charge, you will be eligible to receive certain benefits.  For example; reduced borrowing costs, discounted mortgage rates, free overdraft on small amounts, \"\"rewards\"\" for paying household bills by direct debit, and things of this sort.   Amongst these benefits may be preferential savings rates.  However, from HMRC's point of view it will be the extra perks you are paying for with your monthly charge.  You have chosen to pay for the account and HMRC is not interested in how you choose to spend your money, only in the money you earn. While I agree with you that it does have an element of unfairness, the problem is how would you divide the cost amongst the various benefits.\""}
{"_id": "390744", "title": "", "text": "\"I don't think you've mentioned which State you're in. Here in Ontario, a person who is financially incapable can have their financial responsibility and authority removed, and assigned to a trustee. The trustee might be a responsible next of kin (as her ex, you would appear unsuitable: that being a potential conflict of interest); otherwise, it can be the Public Guardian and Trustee. It that happens, then the trustee handles the money; and handles/makes any contracts on behalf of (in the name of) the incapable person. The incapable person might have income (e.g. spousal support payments) and money (e.g. bank accounts), which the trustee can document in order to demonstrate credit-worthiness (or at least solvency). For the time being, the kids see it as an adventure, but I suspect, it will get old very fast. I hope you have a counsellor to talk with about your personal relationships (I've had or tried several and at least one has been extraordinarily helpful). You're not actually expressing a worry about the children being abused or neglected. :/ Is your motive (for asking) that you want her to have a place, so that the children will like it (being there) better? As long as your kids see it as an adventure, perhaps you can be happy for them. Perhaps (I don't know: depending on the people) too it's a good (or at least a better) thing that they are visiting with friends and relatives; and, a better conversational topic with those people might be how they show your children a good time (instead of your ex's money). One possible way I thought of co-signing is if a portion of child/spousal support goes directly to the landlord. I asked the Child Support Services (who deduct money from my paycheck monthly to pay support to my ex) and they told me that they are not authorized to do this. Perhaps (I don't know) there is some way to do that, if you have your ex's cooperation and a lawyer (and perhaps a judge). You haven't said what portions of your payments are for Child support, versus Spousal support (nor, who has custody, etc). If a large part of the support is for the children, then perhaps the children can rent the place. (/wild idea) Note that, in Ontario, there are two trusteeship decisions to make: 1) financial; and 2) personal care, which includes housing and medical. Someone can retain their own 'self-care' authority even if they're judged financially incapable (or vice versa if there's a personal-care or medical decision which they cannot understand). The technical language is, \"\"Mentally Incapable of Managing Property\"\" This term applies to a person who is unable to understand information that is relevant to    making a decision or is unable to appreciate the reasonably foreseeable consequences of a    decision or lack of decision about his or her property. Processes for certifying an    individual as being mentally incapable of managing property are prescribed in the SDA (Substitute Decisions Act), and in the Mental Health Act.\"\" The Mental Heath Act is for medical emergencies (only); but Ontario has a Substitute Decisions Act as well. An intent of the law is to protect vulnerable people. People may also acquire and/or name their own trustee and/or guardian voluntarily: via a power of attorney, a living will, etc. I don't know: how about offering the landlord a year's rent in advance, or in trust? I guess that 1) a court order can determine/override/guarantee the way in which the child support payments are directed 2) it's easier to get that order/agreement if you and your ex cooperate 3) there are housing specialists in your neighborhood: They can buy housing instead of renting it. Or be given (gifted) housing to live in.\""}
{"_id": "390751", "title": "", "text": "\"A REIT is a real estate investment trust. It is a company that derives most of its gross income from and holds most of its assets in real estate investments, which, in this case, include either real property, mortgages, or both.  They provide a way for investors to get broad exposure in a real estate market without going to buy a bunch of properties themselves.  It also provides diversification within the real estate segment since REITs will often (but not necessarily) have either way more properties than an individual could get or have very large properties (like a few resorts) that would be too expensive for any one investor.  By law, they must pay at least 90% of their taxable income as dividends to investors, so they typically have a good dividend rate (possibly but not necessarily) at the expense of growth of the stock price.  Some of those dividends may be tax advantaged and some will not. An MLP is a master limited partnership.  These trade on the exchange like corporations, but they are not corporations. (Although often used in common language as synonyms, corporation and company are not the same thing.  Corporation is one way to organize a company under the law.)  They are partnerships, and when you buy a share you become a partner in the company.  This is an alternative form of ownership to being a shareholding.  In this case you are a limited partner, which means that you have limited liability as with stock.  The shares may appreciate or not, just like a stock, and you can generally sell them back to the market for a capital gain or loss under the same rules as a stock.  The main difference here from a practical point of view is taxes:  Partnerships (of any type) do no pay tax - Instead their income and costs are passed to the individual partners, who must then include it on their personal returns (Form 1040, Schedule E).  The partnership will send each shareholder a Schedule K-1 form at tax time.  This means you may have \"\"phantom income\"\" that is taxable even though cash never flowed through your hands since you'll have to account for the income of the partnership.  Many partnerships mitigate this by making cash distributions during the year so that the partners do actually see the cash, but this is not required.  On the other hand, if it does happen, it's often characterized as a return of capital, which is not taxable in the year that you receive it.  A return of capital reduces your cost basis in the partnership and will eventually result in a larger capital gain when you sell your shares. As with any investment, there are pros and cons to each investment type.  Of the two, the MLP is probably less like a \"\"regular\"\" stock since getting the Schedule K-1 may require some extra work at tax time, especially if you've never seen one before.  On the other hand, that may be worth it to you if you can find one that's appreciating in value and still returning capital at a good rate since this could be a \"\"best of everything\"\" situation where you defer tax and - when you eventually do pay, you pay at favorable capital gains rates - but still manage to get your cash back in hand before you sell. (In case not clear, my comments about tax are specific to the US.  No idea how this is treated elsewhere.) By real world example, I guess you meant a few tickers in each category?  You can find whole lists online.  I just did a quick search (\"\"list of MLP\"\" and \"\"list of REIT\"\"), found a list, and have provided the top few off of the first list that I found.  The lists were alphabetical by company name, so there's no explicit or implicit endorsement of these particular investments. Examples of REIT: Examples of MLP:\""}
{"_id": "390779", "title": "", "text": "\"The assumption that companies listed OTC are not serious is far from the truth. Many companies on the OTC are just starting off there because they don't meet the requirements to be listed on the NASDAQ or NYSE. Major stock exchanges like the NASDAQ and the NYSE only want the best companies to trade on their exchanges.The NASDAQ, for example, has three sets of listing requirements. A company must meet at least one of the three requirement sets, as well as the main rules for all companies. These include: Now don't assume that the OTC doesn't have rules either, as this is far from the truth as well. While there are no minimum level of revenue, profits or assets required to get listed on the OTC there are requirements for audited financial statements and ongoing filing and reporting to the SEC and NASD. Additionally there are several different levels of the OTC, including the OTCQX, the OTCCB and the OTC Pink, each with their own set of requirements. For more information about what it takes to be listed on OTC look here: http://www.otcmarkets.com/learn/otc-trading A company deciding to trade on the OTC is making the decision to take their company public, and they are investing to make it happen. Currently the fees to get listed on the OTC range from $30,000 to $150,000 depending on the firm you decide to go with and the services they offer as part as their package. Now, I know I wouldn't consider $30K (or more) to not be serious money! When I looked into the process of getting a company listed on the TSX the requirements seemed a lot more relaxed than those of the major U.S. markets as well, consisting of an application, records submission and then a decision made by a TSX committee about whether you get listed. More information about the TSX here: http://apps.tmx.com/en/listings/listing_with_us/process/index.html I think the way that the OTC markets have gotten such a bad reputation is from these \"\"Get Rich on Penny Stock\"\" companies that you see pumping up OTC company stocks and getting massive amounts of people to buy without doing their due diligence and investigating the company and reading its prospectus. Then when they loose a bunch of money on an ill-informed investment decision they blame it on the company being an OTC stock.  Whether you decide to trade the OTC market or not, I wouldn't make a decision based on how many exchanges the company is listed on, but rather based on the research you do into the company.\""}
{"_id": "390796", "title": "", "text": "Linear Title provides high quality title and escrow services to companies in the real estate industry, but Linear Title\u2019s service orientation doesn\u2019t end there\u2014Linear Title is proud to support its community through philanthropic efforts, including most recently Linear Title\u2019s involvement in the Eastern 4H Country Fair, Rhode Island.The contributions of sponsors such as Linear Title help defray the expenses of the fair so that it can remain affordable for the families who participate in it"}
{"_id": "390810", "title": "", "text": "\"A credit default swap is like insurance on a bond, but it isn't. The cash flows just move similarly. They didn't buy insurance on anything. They just bought a contract.   A put \"\"is like\"\" downside insurance on a stock. But of course you can still buy them. Investing in TIPS \"\"is like\"\" buying inflation insurance, but it isn't.\""}
{"_id": "390812", "title": "", "text": "Revel tried to scale-back on the casino focus. They initially barely talked about it and tried to play up the resort aspect of it, and it failed. They then scrambled to advertise it as a casino and it just didn't work.  No one wants to go to Atlantic City because it's a dump. Anything off the boardwalk or the outlets and you're in the ghetto - the casinos were the only thing AC had going for it."}
{"_id": "390817", "title": "", "text": "The worth of a share of stocks may be defined as the present cash value of all future dividends and liquidations associated therewith.  Without a crystal ball, such worth may generally only be determined retrospectively, but even though it's generally not possible to know the precise worth of a stock in time for such information to be useful, it has a level of worth which is absolute and not--unlikely market price--is generally unaffected by people buying and selling the stock (except insofar as activities in company stock affect a company's ability to do business). If a particular share of stock is worth $10 by the above measure, but Joe sells it to Larry for $8, that means Joe gives Larry $2.  If Larry sells it to Fred $12, Fred gives Larry $2.  The only way Fred can come out ahead is if he finds someone else to give him $2 or more.  If Fred can sell it to Adam for $13, then Adam will give Fred $3, leaving Fred $1 better off than he would be if he hadn't bought the stock, but Adam will be $3 worse off. The key point is that if you sell something for less than it's worth, or buy something for more that it's worth, you give money away.  You might be able to convince other people to give you money in the same way you gave someone else money, but fundamentally the money has been given away, and it's not coming back."}
{"_id": "390819", "title": "", "text": "Probing for hidden limit orders usually involves sending the orders and then cancelling them before they get filled if they don't get filled. With trades actually going through multiple times for small amounts it looks more like a VWAP strategy where the trader is feeding small volumes into the market as part of a larger trade trying to minimize average cost. It could be probing but without seeing the orders and any cancels it would be difficult to tell. edit: I just had another thought; it could possibly be a market maker unwinding a bad position caused by other trading. Sometimes they drip trades into the market to prevent themselves from hitting big orders etc. that might move back against them. This is probably not right but is just another thought. source: I work for an organization that provides monitoring for these things to many large trading organizations."}
{"_id": "390848", "title": "", "text": "\"It would have to be made as a \"\"gift\"\", and then the return would be a \"\"gift\"\" back to you, because you're not allowed to use a loan for a down payment. I see some problems, but different ones than you do: One more question: is the market really hot right now? It was quite cold for the last few years.\""}
{"_id": "390857", "title": "", "text": "*Stuxnet attacked Windows systems using an unprecedented four zero-day attacks (plus the CPLINK vulnerability and a vulnerability used by the Conficker worm[50]). It is initially spread using infected removable drives such as USB flash drives,[20][44] which contain Windows shortcut files to initiate executable code.[51]*  https://en.wikipedia.org/wiki/Stuxnet#Windows_infection"}
{"_id": "390864", "title": "", "text": "I sold it at 609.25 and buy again at 608.75 in the same day If you Sold and bought the same day, it would be considered as intra-day trade. Profit will be due and would be taxed at normal tax brackets. Edits Best Consult a CA. This is covered under Indian Accounting Standard AG51 The following examples illustrate the application of the derecognition principles of this Standard.   (e)  Wash sale transaction. The repurchase of a financial asset shortly after it has been sold is sometimes referred to as a wash sale. Such a repurchase does not preclude derecognition provided that the original transaction met the derecognition requirements. However, if an agreement to sell a financial asset is entered into concurrently with an agreement to repurchase the same asset at a fixed price or the sale price plus a lender's return, then the asset is not derecognised. This is more relevant now for shares/stocks as Long Term Capital Gains are tax free, Long Term Capital Loss cannot be adjusted against anything. Short Term Gains are taxed differentially. Hence the transaction can be interpreted as tax evasion, professional advise is recommended. A simple way to avoid this situation; sell on a given day and buy it next or few days later."}
{"_id": "390877", "title": "", "text": "The social security administration has a webpage to get your Social Security estimate. It replaces the yearly estimate they used to mail everybody. It shows the amount you paid for social security and medicare and what they estimate you will receive at your retirement age. They also discuss disability benefits. Everybody should do this every year. Though it does take a few months to get the previous years numbers updated into the system. If you notice a problem with the money they think you paid into the system in a particular year, you can send them an old W-2 and get the numbers corrected."}
{"_id": "390881", "title": "", "text": "I found the zephyr database, which does the job. Nonetheless if someone knows other (open) sources, be welcome to answer."}
{"_id": "390886", "title": "", "text": "I was joking. Clearly. But in a world where 100000 jobs did go away the economy would be fucked. How many people depend on the spending of 1000000 people? Just theoretically.  Also bankers account for a tiny proportion of the kinds of people employed in banks."}
{"_id": "390900", "title": "", "text": "Your desire to travel before starting work is smart and something you should do. There are very few opportunities in life where you will have a chunk of time to do such travelling. Having said that, your life plans may or may not pan out the way you expect. Ideally, you'd take the 0% APR for 18 months and max it out. A 3% balance transfer (BT) fee breaks out to 1.5% APR, but due in 1.5 years. That's a very good loan rate if you can pay it before the APR changes. Say, you take 6 months to travel. When you return, you have one year to pay off your credit card bill. Calculate how much you will borrow and how much your monthly payments will be. $1,500 across 12 months is $125. Can you add that as a monthly expense? What will your life circumstances be when you return from travel? Do you know what your income will be? Do you know what your expected expenses will be? How much padding will you have for emergencies?"}
{"_id": "390901", "title": "", "text": "Did you look at my graph? I'm talking unionisation in general, and to say they have plenty of power doesn't line up with reality, as far as I can see.  The UAW is powerful? Give me a break. They've been giving up concessions for years."}
{"_id": "390922", "title": "", "text": "My general rule of thumb with start-ups is don't quit your day job until you can afford to quit your day job. If you were a single man, or your wife also could provide income for the family, then you would have more flexibility but if you are the single income provider I suggest a more cautious route. It may be frustrating to deal with the drudgery of work, but if you really want to see that start up I would suggest getting started to work on it with what you can while working at your other job, until you have enough money saved and enough work done that you can fully launch the start-up full time. It will be a lot of work, (so would a start-up) but it is less risky, especially considering your family situation. If you really hate what you are doing, I would suggest looking for other opportunities in your field of work. Maybe there is something that you have overlooked, and don't hesitate to apply for jobs you are not sure if you are qualified for-- as long as it doesn't involve time away from your current job an application is fairly painless and the worst case is you keep doing what you are still doing."}
{"_id": "390937", "title": "", "text": "Nope. The IRS recognizes you as either married or unmarried."}
{"_id": "390959", "title": "", "text": "I am so fucking sick of reading analyzes by idiots who don't understand what the problem is with the housing market. The problem is on the DEMAND side. If customers aren't buying new houses then building more houses doesn't fix it. When you build more then supply outpaces demand and the market is worse. This is what happened up through 07-08. How the fuck do we not remember this? How can we look at this data on new housing starts and think the housing market is back on track? If you want to point to a growth in sales, fine. Just reference something relevant."}
{"_id": "390960", "title": "", "text": "Massive spending cut (pension reform mostly) with a temporary tax increase. It has to be temporary because as /u/DrudgeBreitbart pointed out, taxes are already high in the state.   They really need to do away with flat income taxes permanently as well."}
{"_id": "390969", "title": "", "text": "\"IMO, you can do whatever you want with an emergency fund, as long as it is in a deposit-type account. The purpose of the fund is for emergencies, not to make money, so you want it to be liquid so that you can access it in an emergency. Personally, I'm willing to take accept a potential penalty for withdrawing. Here's some examples of what I mean: You don't want \"\"emergency\"\" funds in a marketable security, because your emergency could be directly or indirectly related to some sort of market crisis. If you absolutely needed to liquidate an investment in the days after the collapse of Lehman brothers, you probably would have taken a bath -- even secure, US State bonds fell in value. If you feel that this is taking too much cash off the table, that's ok, just don't consider the part that you invest part of your \"\"emergency\"\" fund. The 3-8 months of expenses thing depends on your situation. If you're a salesman, err towards 8. If you're a unionized civil service worker with seniority, 3 months is probably appropriate.\""}
{"_id": "390972", "title": "", "text": "\"Shares are for investors. Most of the rich are investors. Unfortunately, the reverse is not true. But if you want to get rich, the first step is to become an investor. (The second is to become a SUCCESSFUL investor. 50 pounds might be too little. Try to start with at least 500 at a time. You can ADD amounts of 50 pounds. There are definitely fees involved. You will \"\"pay for lessons.\"\" But it will be worth it, if you become even a moderately successful investor. As for rules, they'll teach you the rules. Everyone wants your business. People have gotten (modestly) rich, buying shares here and there. One man told me of investing $600 in a company called Limited, and ending up with $12,000 some years later. BRIC is not a \"\"share.\"\" It is an acronym for four countries \"\"of the future.\"\" High risk, high reward here.\""}
{"_id": "390975", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://blogs.lse.ac.uk/politicsandpolicy/book-review-after-piketty/) reduced by 93%. (I'm a bot) ***** &gt; In After Piketty: The Agenda for Economics and Inequality, editors Heather Boushey, J. Bradford DeLong and Marshall Steinbaum bring together contributors to reflect on the influence of Thomas Piketty&amp;#039;s Capital in the Twenty-First Century and to draw attention to topics less explored in Piketty&amp;#039;s analysis.  &gt; After Piketty: The Agenda for Economics and Inequality, edited by Heather Boushey, J. Bradford De Long and Marshall Steinbaum, further explores the &amp;#039;process by which wealth is accumulated&amp;#039; and the &amp;#039;powerful forces&amp;#039; that shape the divergence.  &gt; Even if, as described by Piketty, the process of accumulation and the forces of power that render wealth inequality prove correct - that is, r &amp;gt; g - even then, for Branko Milanovic, high inequality is avoidable.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/758ftg/after_piketty_the_agenda_for_economics_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224779 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Piketty**^#1 **Capital**^#2 **Inequality**^#3 **wealth**^#4 **work**^#5\""}
{"_id": "390976", "title": "", "text": "You can definitely get access to cash during the selling of your home and buying of a new one. Think of the home sale and buy as two distinct transactions. As long as your mortgage qualification doesn't depend on all the proceeds from the first sale being rolled into the new mortgage, you'll be fine."}
{"_id": "390981", "title": "", "text": "For a Canadian university education, an October 2009 article at Canada.com says: [...] The study estimates the total price tag of an undergraduate degree at a whopping $137,013 for students living away from home and $101,426 for those staying at home. [...]"}
{"_id": "391003", "title": "", "text": "For being here *at least* 3 years, 5 months, and 2 days, you're pretty clueless. Quite a few of us discard accounts after some period of time, and create new ones.   You have no indication at all that DocHopper is on his original reddit account."}
{"_id": "391043", "title": "", "text": "If anything special situations/value will be the most profitable strategy going forward. You can take advantage of quant funds reliance on probability and correlation and inability to do real price discovery. An idiosyncratic corporate event (i.e CEO's sudden retirement) that happens to google would lead to quant funds selling off Amazon, giving you a great opportunity to buy the unwarranted dip."}
{"_id": "391063", "title": "", "text": "A change in implied volatility tells us something about what investors are thinking (or fearing) about the volatility going forward for the life of the associated option contracts (which may be short or long-lived).  IV does a good job of summarizing the information available to investors, which includes information about the past and the present. However, whether these investor views actually translate into what happens in the future is a topic of debate in the finance literature--investors do not generally know the future--there are conflicting results available.  There have been papers that show that implied volatility has predictive power in some situations, time periods, and horizons (though it is also biased) and other papers that show that it does not have statistically significant predictive power at all. The consensus last time I checked was that implied volatility is no worse than historical volatility (including methods that use trends in historical volatility to forecast where it is going) at predicting future volatility.  Whether it is significantly better and whether either reliably predicts the future is something that is not agreed on.  I take this lack of consensus as evidence that if it does predict future volatility, it does so poorly. Somewhat dated FAJ survey on the subject"}
{"_id": "391083", "title": "", "text": "\"The basic answer is that you are comparing apples and oranges.  On the one hand, you are considering a case where someone buys a single already-built house.  On the other hand, you are considering a case where someone buys a large piece of land, builds 10 houses, and (presumably) sells or rents the 9 they're not living in. Those are two totally different endeavors.  It might be reasonable to compare the cost of a plot of land sized for a single house to the cost of a similar plot with a house already on it.  But you can't directly compare the cost of buying 10 houses worth of land to the cost of one house.  As other answers have mentioned, building 10 houses involves a massive amount of work: an architect has to design a house, somebody has to get permits to build it, someone may have to get water/power/sewage hookups, somebody has to physically build it -- then multiply all that by 10 for 10 houses.  Once you're done, you still haven't recouped your investment.  You just have 10 houses.  Now you have to sell them, which is a whole other job in itself. Because the things you're comparing are so different, the potential buyers for the two cases are also completely different.  This explains the \"\"inconsistency\"\" between the asking price and your perception of its value.  The two kinds of properties are in two different markets.  The people looking to buy a single home are just regular people looking for a place to live (or maybe trying to get a rental property).  The people looking to buy a 10-house plot are real estate developers with a whole different set of concerns.  There could be many reasons why the land hasn't been purchased yet, but you can't compare it to the cost of comparable houses, because almost no one who is looking for a house is going to consider buying 2 acres of land instead.  It's like asking why filling up your car with gas is so much more expensive per gallon than buying a gas station and giving yourself free gas.  They're just not the same thing.   But given the size of the land, I can join forces with other people which are also in the market and totally bring down the land price per piece to say 100k? You can do that, but basically what you'll be doing is forming a real estate development company of some sort.  This opens a whole other world of possible snafus (for instance, how ownership is to be divided, and what happens if the owners disagree on appropriate development of their portions). It is absolutely possible to make money by buying land and building houses on it, especially in California.  People do it all the time.  But it's not something you should attempt if you don't know what you're doing, and it's definitely not the same thing as just buying a house to live in.\""}
{"_id": "391085", "title": "", "text": "On your credit report make sure that each debt included in bankruptcy is marked as discharged. After a bankruptcy case discharge you are free from debts that were included in your bankruptcy case. Credit card debt, medical bills and old taxes are common debts that you will no longer be responsible for. Court records that are of high importance are to keep a copy of your bankruptcy records."}
{"_id": "391098", "title": "", "text": "It would make sense to refuse a raise when it pushes your effective marginal 'tax' (including reduced benefits) above 100%.  The working poor (family of 4, 20K-40K in the US) often face marginal rates above 100% when you consider the phase out of various government benefits (EITC, insurance, housing,etc.)  You can see the research here and here."}
{"_id": "391101", "title": "", "text": "&gt;  the claim that individuals will give up private ownership in exchange for order-up public vehicles  It will be a combination of two things:  * A clear advantage to doing so from an financial and practicality standpoing, and; * A regulatory mandate.    It's hard to force people to do something that doesn't work and makes little financial sense; that's where the first tenet comes in.  The second tenet comes in for those who simply refuse to go along.    There will be people who privately own automated vehicles - just as there are people who own motorhomes or their own planes.  However, there won't be any privately owned vehicles that are not automated that are allowed on public roads."}
{"_id": "391136", "title": "", "text": "Actually I'm pretty sure the final round she is refering to is a superday which is definitely the most difficult of all the rounds and is the one that tests actual intelligence at the job the most.  Even giving her credit for that though, I do agree with you that she seemed impressed by something substandard. However, I would just be cautious in ruling someone out just because a few of their numbers are off."}
{"_id": "391146", "title": "", "text": "Depends on what work you're doing. If you aren't doing a job which involves working with and understanding the data, probably not."}
{"_id": "391149", "title": "", "text": "In 2010, #Billy #Fuccillo got 2 national awards for Fuccillokia of cape coral, Florida. As well as for sale promotions, he gave 1,400 Square foot home &amp; three bedroom. Apart from that, he started his career in the automobile as a dealer."}
{"_id": "391156", "title": "", "text": "\"I can see two possibilities. Either a deal is struck that someone (the company itself, or a large owner) buys out the remaining shares. This is the scenario @mbhunter is talking about, so I won't go too deeply into it, but it simply means that you get money in your bank account for the shares in question the same as if you were to sell them for that price (in turn possibly triggering tax effects, etc.). I imagine that this is by far the most common approach. The other possibility is that the stock is simply de-listed from a public stock exchange, and not re-listed elsewhere. In this case, you will still have the stock, and it will represent the same thing (a portion of the company), but you will lose out on most of the \"\"market\"\" part of \"\"stock market\"\". That is, the shares will still represent a monetary value, you will have the same right to a portion of the company's profits as you do now, etc., but you will not have the benefit of the market setting a price per share so current valuation will be harder. Should you wish to buy or sell stock, you will have to find someone yourself who is interested in striking a deal with you at a price point that you feel comfortable with.\""}
{"_id": "391165", "title": "", "text": "\"I assume you mean \"\"how.\"\" Sure... Suppose I have the option of hiring 3 people, or buying a robot to do the work that they would do. (Some single function, in order to operate it 24 hours a day, 5 days a week, I'd have to hire 3 shifts to do it.) I choose the robot because I look at the cost (capital and operations) of the robot and it's lower than, say, 2 years of paying 3 people. The productivity of the factory went up, but not due to any improvement in the workforce. After the robot has done enough work to effectively pay for its capital costs, the additional work it's doing is profit.  The case labor tries to make is that \"\"output per worker went up so workers should be paid more,\"\" except the attribution of that increase in output has nothing to do with the workers and everything to do with the company's ability to leverage capital.\""}
{"_id": "391171", "title": "", "text": "\"You can find gold historical prices on the kitco site. See the \"\"View Data\"\" button.\""}
{"_id": "391177", "title": "", "text": "\"Simple. If they don't allow you easily transfer money then they get to keep your money longer and earn more interest. Not to mention they can continue to charge fees for wire transfers. When I was in Colorado Springs all the banks allowed free bank to bank transfers. Why? Because their clients demanded it. Most of their clients were military members who needed to be able to send money home or to relatives in other states etc. When I moved to Texas I could not find a single bank that allowed free bank to bank tranfers. They had varying fee schedules for wire tranfers ranging from $7 to as high as $22. When I asked why they charged a fee to send money basically over the internet I was told that the Feds made them charge a fee. Big bunch of bull but I had to have a bank. Banks, in this country, will make it as hard as they legally can for you to remove your money from their greedy little mitts. I am going through this now with a bank in Idaho. Supposedly I can send funds bank to bank but I have to jump through a bunch of hoops that are difficult because I work during the bank hours. The bill pay site says I can do external tranfers but the button to \"\"set up external transfers\"\" is mysteriously missing. So I have to fill out paperwork in the presence of someone at the bank and submit it. I was even told that it had to be typed or it may be refused. The more I travel the more I mistrust banks and their schemes to keep my money.\""}
{"_id": "391215", "title": "", "text": "Index funds: Some of the funds listed by US SIF are index funds. ETFs: ETFdb has a list, though it's pretty short at the moment."}
{"_id": "391221", "title": "", "text": "I have to ask, are you a student? Or perhaps a recent grad? Are you concerned with the plight of the poor students because you are one, or were recently one (and are thus paying your loans)?  Because if so, this question is a damning condemnation of the educational system, that you ask such a stupid fucking question, when the answer to that question was very clearly outlined in the article."}
{"_id": "391225", "title": "", "text": "The heart of the problem is that nothing visible/substantial is happening before the next election cycle, so nobody will address the issue. Deeply ingrained myopia for difficult problems prevents most long time-horizon issues from getting a lot of political attention. It's much easier to ignore the issue and pretend that it will go away or be resolved by others.   Secondly, politicians are less likely to speak about any subject that hasn't been funded and pumped-up by lobbyists. The only people speaking about this problem have no lobbyists/money, therefore, they have no political representation."}
{"_id": "391238", "title": "", "text": "yeah. you're right. actually, it was more like the middle class that ended up being hunted and the small number of elites' advanced brains controlled the workers psychically. now that i think of it, the dog collar metaphor works even better with that story. you just replace the psychic control with nanobots relaying an operators commands directly to the worker's brain."}
{"_id": "391243", "title": "", "text": "\"Almost everyone needs an insurance, you should also probably buy it. If you are good at planning [which it seems from your question], you should stick to Pure \"\"Term\"\" insurance and avoid any other types / variants of CVLI.  CVLI is only advisable if one cannot commit to investing or is not good at saving money, or one feels that one loses money in Term Insurance. Otherwise term insurance is best.\""}
{"_id": "391251", "title": "", "text": "The loan itself is not tax deductible; unless you took it as part of a mortgage, anyway, it's just a regular loan.  Mortgage and Student Loan Interest deductions are special cases explicitly given tax-deductible status; other loans are not deductible (unless part of a business expense or other qualifying reason). If this were a short sale (which you note it was not but included for completeness' sake), and some of your debt was cancelled, that may have tax implications.  You cannot take a capital loss on your personal residence, so the loss itself is not deductible."}
{"_id": "391258", "title": "", "text": "Unfortunately it's not that easy, not up to people, up to the boards of directors at said companies. If those boards see value in paying more for a CEO and less to what in their eyes are replaceable workers then CEO pay will stay where it is. There needs to be real solutions set in place to accomplish anything.  Ex. Where do pay cuts stop? Is it just CEOs? Because there are plenty of other executives who make millions as well. Even high level managers could make say $200k/ year while the people directly under them make $75k. So where is the cutoff point?  TL;DR: Saying to pay higher ups less is nice but isn't a solution without a plan of how to distribute money more evenly."}
{"_id": "391269", "title": "", "text": "&gt; No one in industry checks what coursework you took they just assume that the BS is more quantitative and impressive.  This is approximately true, but they care about what school you went to. They don't care if it's a BS or BA.  Just for context, are you currently or have you ever been in a front office finance role?"}
{"_id": "391277", "title": "", "text": "Good subs to research ICOs? I am all for cryptocurrencies and their usage, but I believe ICOs are an unfettered bubble. No one can raise millions in seconds from crowdfunded sources without it being a pump and dump scheme ... or a pretty well advertised product that everyone wants a piece (i.e. an IPO with a roadshow, but without the hassle of investment bankers or share placement or underwriting).  Laying out my thoughts in case you see any glaring faults right there. If not, sources would be appreciated."}
{"_id": "391287", "title": "", "text": "\"Fortunately, this can be solved by simply going to the website. Unfortunately, the website is not very well designed, so it took a while to find it! However, looking at the section about entering your own meter reading in, it is clear that this is indeed a \"\"credit\"\", meaning \"\"they owe you money\"\".  Notice how the costs break down.  They estimated an energy usage (cost equivalent) of \u00a3104.09, which resulted in a \"\"bill\"\" of \u00a329.77 (credit).  Then the customer entered a meter reading, which resulted in an actual energy usage (cost equivalent) of \u00a3142.45.  Since it was \u00a338.36 higher, it went from a credit to a debit of \u00a38.59.   Were \u00a329.77 (Credit) to mean money was owed to SSE, they would owe a bit over \u00a368 instead given the higher energy charges. You can see this help page to inquire about getting a refund, or simply allow this to carry over to your next bill.  Or - consider doing a self-entered meter reading, if one hasn't been done recently, to make sure that any actual excessive usage comes out of your credit (rather than being a shock at one time).\""}
{"_id": "391289", "title": "", "text": "\"Let's say - someone who gives you vague direction, gets upset when you \"\"do it wrong,\"\" then gives you the impression you're free to do it as you see fit, then two hours later comes in and starts micromanaging. When you ask for clarification by email, it goes unanswered, and when you ask in person you get a sixty minute discussion about some other subject that nets you more work.   Or how about a boss that's passive-aggressive? So when you take two days off to take your kids to college, he comments that there was a meeting that you really should've been at, because you would've been really helpful. And he finds ways to bring this up several times over the next few days.   What about a boss that asks you to take care of the network in addition to your primary duties, then asks you to leave the hours off your time sheet because it affects the customer's billing. Then a year later during promotion reviews, recorded hours are part of the input and said boss just sits there and doesn't say a word as their team is fucked?   Any of those suit you?\""}
{"_id": "391291", "title": "", "text": "Yes it is true. The US based companies have to meet the requirements placed on them by the US government. The agency with all these reports is the Security and Exchange Commission. They run the EDGAR system to hold all those required reports The SEC\u2019s EDGAR database provides free public access to corporate   information, allowing you to quickly research a company\u2019s financial   information and operations by reviewing registration statements,   prospectuses and periodic reports filed on Forms 10-K and 10-Q. You   also can find information about recent corporate events reported on   Form 8-K but that a company does not have to disclose to investors. EDGAR also provides access to comment and response letters relating to   disclosure filings made after August 1, 2004, and reviewed by either   the Division of Corporation Finance or the Division of Investment   Management. On May 22, 2006, the staffs of the Divisions of   Corporation Finance and Investment Management began to use the EDGAR   system to issue notifications of effectiveness for Securities Act   registration statements and post-effective amendments, other than   those that become effective automatically by law. These notifications   will be posted to the EDGAR system the morning after a filing is   determined to be effective. As pointed out by Grade 'Eh' Bacon: Other countries may require different types of information to be reported to the public, in particular, financial statements. To find the financial statements released for a particular company, you can go to the appropriate stock exchange, or often simply the company's corporate website."}
{"_id": "391323", "title": "", "text": "You can get no load annuities through some no-load financial companies like Vanguard so to start with I'd see how what she is being offered compares with something that comes free of a sales load. I'd also question that fixed rate, seems pretty impossible to me, which makes me think there is some catch or 'gotcha' that we are not seeing that either brings down that rate, or makes it delusional (they are kidding themselves) or deceptive in some way.  In any case it's setting off my 'too good to be true' alarm at full volume, along with the 'shark attack' alarm as well. (I would strongly suspect the 'advisor' is advising the product that makes the most money for him, NOT what is in your mother's best interest)  A fixed annuity is an insurance product, not a security, because the insurance company must credit the annuity holder\u2019s account with the specified interest rate for the contractually-stipulated time period, regardless of market fluctuations in actual interest rates. It is the insurance company that bears the investment risk, which it does by investing the annuity holder\u2019s purchase proceeds in fixed-income instruments that the company hopes will provide sufficient return to fulfill its contractual representations to the holder.  THIS is why there is no prospectus (it's not a 'security' they are not required to provide one by SEC) because the risk is entirely with the company. Obviously as pointed out in the comments, the company could easily go out of business (especially of they sell a lot of these and can't find a way to get that kind of return on the invested money).  Now, ask yourself, if I was the insurance company, would I be comfortable guaranteeing that level of return over that much time if I intend to make a profit from it, pay sales comissions, and stay in business?   In terms of 'will they stay in business' I'd have a hard look at their ratings, and go compare where that is on the total range for AM Best (they are lowest 'secure' rating, next thing down is in the 'vulnerable' category) and Standard and Poors (4 places down from their best rating, next thing down is 'marginal' followed by 'poor')   You might also want to see if you can get any idea of historical ratings, is this company's ratings falling, or rising?   Personally, for the amount of money involved, I'd want a company with MUCH higher ratings than these guys..  THEN maybe someone could say 'no risk', but with those ratings?  an no, I don't think so! BTW I'd check over what this bozo (um sorry, that's not fair to clowns) is recommending she do with her own funds as well.  For example is he recommending she take something that is already tax sheltered such as an IRA and investing the stuff inside that in an annuity (kind of pointless to 'double shelter' the money, or lock it up for a period of time when she may be required to make withdrawals) make sure you don't see something there that is actually against what is in her best interest and is only done to make him a comission."}
{"_id": "391331", "title": "", "text": "The penny costs more to mint than it is worth...also, the price of Bitcoin is up tenfold in the past year and 580-fold in the past 5 years so all those Bitcoin miners did more than just alright if they held on to their mined Bitcoin."}
{"_id": "391344", "title": "", "text": "Bitcoins have the potential to be an alternative to gold or USD, but not yet. Their value is too volatile, and there are still serious security concerns. I would strongly advise anyone against putting more than a small % of their worth in Bitcoins."}
{"_id": "391353", "title": "", "text": "\"&gt; they find that it is in-line with the 91.8% increase of unemployment rate vs. working age adults.  I have another problem with this number.  It comes from this statement:  \"\"Between October 2008 and July 2014 the working age population grew by 13.4 million persons, but the US labor force grew by only 1.1 million\"\"  You can get the labor force by adding two series, LNU01074597 (Civilian Labor Force - With a disability, 16 years and over) and LNU01074593 (Civilian Labor Force - With no disability, 16 years and over).    In Oct 2008, the numbers are 6,284 and 148,728, for a total of 155,012.  (all values are in thousands)      In July 2104, they are 5,648 and 151,924, for a total of 157,572.  That's an increase of 2,560.    So the labor force grew by 2.56 million, not 1.1.  I think they are computing a meaningless number but they're not even using the right numbers as input.\""}
{"_id": "391355", "title": "", "text": "This is a real problem. My current job doesn't even have IB hours (it's more in the 60 hr/week area), and I struggle with it just because of how much I need to be seated at a desk.  With that said, I found [this post](http://www.mergersandinquisitions.com/investment-banking-fitness/) recently and it really helped.  I think it's pretty tough to actually develop/tone muscles etc. while working a job like this, but there's a lot you can do to control weight. The keys I've found are to limit what you're eating (especially sugar, junk, etc.), get up whenever you have a chance, and simply planning for shorter workout sessions."}
{"_id": "391360", "title": "", "text": "In the case of a vehicle with a lien, there is a specific place on the title to have a lien holder listed, and the holder of the lien will also hold the title until the lien is cleared. Usually this means you have to pay off the loan when you purchase the vehicle. If that loan is held by a bank, meet the seller at the bank and pay the loan directly with them and have them send the title directly to you when the loan is paid. This usually involves writing up a bill of sale to give to the bank when paying the loan. The only thing you're trying to avoid here is paying cash to the seller--who then keeps the cash without paying the lien holder--who then keeps the title and repossesses the motorcycle. Don't pay the seller if they don't have the title ready to sign over to you."}
{"_id": "391361", "title": "", "text": "\"I am a bit confused here as to how a 4K loan will negatively effect your credit score if payments are made on time.  FICO scores are based upon how well you borrow.  If you borrow, pay back on time, your score will not go down.  Perhaps a bit in the short run when you first secure the loan, but that should come back quickly.  In the long run it will help improve your score which seems like it would be more important to you. Having the provider finance your loan will probably not show up on your credit unless you fail to pay and they send to collections. If the score is so important to you, which I think is somewhat unwise, then use a credit card.  With a 750 you should be able to get a pretty good rate, but assume it is 18%.  In less then 9 months you will have it paid off, paying about $293 in interest.  You could consider that a part of the cost of doing business for maintaining a high credit score.  Again not what I would advise, but it might meet your needs. One alternative is go with lending club.  With that kind of score, you are looking at 7% or so.  At $500 a month, you are still looking at just over 8 months and paying about $100 in interest.  Much less money for improving your credit score. Edit based upon the comment: \"\"My understanding is that using a significant portion of your available credit balance is bad for your credit, even if you pay your bills on time.\"\" Define bad.  As I said it might go down slightly in the short term.  In three months you will have almost 33% of the loan paid off, which is significantly lower then the original balance.  If you go the credit card route, you may be approved for quite a bit more then the 4000, which may not move the needle at all.  Are you planning on buying a home in the next 90 days?  If not, why does a small short term dip matter?  Will your life really be effected if your score goes down to 720 for three months? Keep in mind this is exactly the kind of behavior that the banks want you to engage in.  If you worship your FICO score, which gives no indication of wealth then you should do exactly what I am suggesting.\""}
{"_id": "391370", "title": "", "text": "This is not a finance issue, it is a legal one.  You need to talk to a lawyer. To save your credit you can pay off the bank now and fight out the details with your ex later.  The bank is still owed their money."}
{"_id": "391384", "title": "", "text": "\"You should never close a credit card account unless it has an annual fee or you are overspending on it. Open lines of credit - even un-utilized ones - have a positive effect on your credit score. First of all, they increase your total credit which helps your score. Second of all, they are always \"\"paid on-time\"\" which is another benefit. Finally, they increase the length of your credit history. You can keep unused credit cards forever in your drawer. They are rarely closed due to inactivity and cost you nothing. However, if your card has an annual fee, you should close it. The potential loss to your credit score is unlikely to offset the annual fee.\""}
{"_id": "391403", "title": "", "text": "\"In most cases you cannot do \"\"reverse lookup\"\" on tax id in the US. You can verify, but for that you need to have more than just the FEIN/SSN. You should also have a name, and some times address. Non-profits, specifically, have to publish their EIN to donors, so it may be easier than others to identify those. Other businesses may not be as easy to find just by EIN.\""}
{"_id": "391415", "title": "", "text": "I am not sure if this is the actual reason or not, but all of the major credit cards (Visa, Mastercard, Amex, Discover) provide damage insurance coverage on car rentals. Debit cards do not usually provide this coverage. So, if you use a credit card, the car company knows it will be able to recover the cost of any damage to the car.  Of course, this doesn't explain some of the odd debit card policies out there. For example, Alamo will not let you use a debit card unless you provide proof of round trip travel (like a plane or cruise ticket). But you can use a credit card without having a travel ticket. I'm not sure how having a travel ticket makes debit card users less of a risk, but apparently it does somehow."}
{"_id": "391416", "title": "", "text": "Right. Lets get all those damn poor people out of college.   The correct solution is to increase government subsidies for higher education. Specifically, by supporting low cost public colleges and universities. Private schools can only justify their increasing higher prices because the state and federal government are driving up the cost of public education."}
{"_id": "391418", "title": "", "text": "Getting older isn\u2019t something people like to think about, let alone talk about it. For many, aging is scary and full of unknown. Utah retirement community (Summerfield ) is here to bring a positive light to your aging. Our Utah retirement community is all about maintaining independence and not giving it up. Recognizing the good things that come with staying in Utah retirement living community will help make the transition easier. Know more about us here: https://utahassistedlivingcommunity.wordpress.com/2017/08/30/a-second-home-at-utah-assisted-living-community/"}
{"_id": "391420", "title": "", "text": "You friend would only be able to deposit this in NRO account. You may have to explain the source of money. If you declare it as gift, then you would need to pay gift tax.  What you are doing is converting USD to INR outside the normal banking network and this maybe in volition of FEMA [Foreign Exchange Management Act]."}
{"_id": "391422", "title": "", "text": "Yea I think a lot of this article is poorly written stats mashed together to make a weak statement. 4% for a card present merchant is way expensive. For someone with an average ticket of above ~$25 I'd say 2-2.5% is more the norm.  But saying interchange fees are generating more revenue than overdraft could be attributed to so many things, like people just using credit cards instead of debit cards. Note there's no data here (that I saw at least) about the volume spent on cards overall either, for example was the volume just transferred from debit to credit or did the volume actually go up even?  Overall pretty garbage article imo that provides no real value to the reader."}
{"_id": "391428", "title": "", "text": "They typically have no concept of their role in the business.  They provide a service that supports a business function, this business function being the part that actually makes money.  IT policies do not make money. Being a condescending asshole does not make money.  IT personnel doing their jobs != doing my staff a favor."}
{"_id": "391438", "title": "", "text": "My initial point was simply that giving a discount on something a person must buy is almost the same as giving them more money.  My secondary point was that the difference between the two approaches is that a discount creates an incentive for consumption, whereas a straight payout does not.  I don't think cheaper energy will solve income inequality, just like cheaper consumer goods didn't.  I don't think anyone is seriously working on a solution to income inequality, because what they're _actually_ working on are incentives for greater consumption.  That's because without powerful incentives us common peasants are a pain in the ass who get uppity ideas about fixing inequality.  Basically, I'm agreeing with you politically while quibbling over a minor point that is of little consequence.  My initial point was needless semantics, and I should have just not bothered."}
{"_id": "391454", "title": "", "text": "Not necessarily.  You only need to raise prices to maintain current profit margins.  Assuming you aren't living on a paper thin profit margin, you can give your employees a raise and suffer a lower profit margin.  Now, that could have other negative consequences on your stock value and shareholders might be upset, but that is a different discussion."}
{"_id": "391463", "title": "", "text": "Short Answer: Go to the bank and ask them about your options for opening a business account. Talk to an attorney about the paperwork and company structure and taxes. Long Answer: You and your buddies jointly own an unincorporated business. This is called a partnership. Yes, there is paperwork involved in doing it properly and the fact that you guys are minors might complicate that paperwork a little bit. In terms of what type of account to open: A business account! Running a business through a personal account (joint or otherwise) is a sure way to get that account shut down. Your bank will want to know the structure of the business, and will require documentation to support that. For a partnership, they will probably want a copy of the partnership agreement. For an LLC, they'll probably want a copy of the filing with Ohio Secretary of State as well as the operating agreement etc. That said, pop into a local bank and ask a business banker directly what you should do. They deal with new businesses all the time, and would probably be best qualified to help you figure out the bank account aspect of it. Regarding business structure... this really impacts a lot more than just the type of bank account to open and how you file your taxes. It is something you guys should really discuss with an attorney. What happens if down the road one of you quits? What happens if you want to bring in a new partner later?  What if there is a disagreement about something?  These are all things that the attorney can help you address ahead of time - which is a heck of a lot easier (and cheaper) than trying to figure it out later. You're brining in enough that you should certainly be able to buy a couple hours of a lawyer's time. Getting the formation stuff right could save all of you a lot of money and heartache later."}
{"_id": "391470", "title": "", "text": "The duties of the construction clean-up include cleaning of windows, dusting &amp; washing of all surfaces, removing of stickers from the windows, hauling away the last of the construction debris, dusting &amp; washing of surfaces, polishing of the glasses, and floor vacuuming. The service rates are dependent based on the estimate prior to doing the work and it varies greatly depending on the size of the job."}
{"_id": "391478", "title": "", "text": "No.  The premise is just that the money paid, by employers, to fund employee health care is just being replaced by the VAT.  If the numbers worked out right, the employers would (ideally) experience a near net zero change.    Employee wages need not go up."}
{"_id": "391506", "title": "", "text": "\"&gt;10,000 dollars more, on average, across 12 million employees, bro. That adds up.  That's about 5 dollars an hour more.  Not much. But the upward mobility in government jobs is severely lacking, so I'm not sure if that $5.00 an hour makes up for their inability to get raises.  I do hope you have proof for that number, however.  I call monopolized (or psuedo-monopolized) corporations, and high end CEOs rent seekers, because they seek to make FAR more than they need to even thrive.  The government doesn't make far more than it needs to thrive.  It does, however, mishandle funds and delivers them to . . . CORPORATIONS that lobby them!  Corporations are beholden to only their shareholders.  If I were to let corporations run the roads, you can be sure that only the most profitable areas would have roads, and most roads would have tolls.  Those without the means or without big corporations nearby would have to do with trails.  The gateway to success that Big Government is supposedly closing down with subsidies would ACTUALLY be closed down because private industry would control your methods of transportation, communication, education, and survival itself.  To reduce competition, they would keep you low, and suck off your funds.  They would call it fair because you CHOSE to live where you do, and not work hard enough, neglecting their own part in establishing the high wall that you cannot get over.  What do YOU think would happen if Big Government was sent away and our basic necessities were privatized?    Do you have illusions of \"\"free market\"\" dancing in your dreams?  Where companies compete rather than collude?    Do you imagine roads to the far reaches of the nation being kept up, or just the roads important for goods and people with money?  I want to know what you imagine the endgame will look like.\""}
{"_id": "391508", "title": "", "text": "Took 4 weeks to study for the 7. I studied in the morning for about 3-4 hrs skimming the book and taking practice exams then would go play golf or do something active to take my mind off of studying.  Passed with an 80%.  I took the 66 and barely studied  maybe 5 days going over practice exams. 84%"}
{"_id": "391515", "title": "", "text": "\"Note that the series you are showing is the historical spot index (what you would pay to be long the index today), not the history of the futures quotes. It's like looking at the current price of a stock or commodity (like oil) versus the futures price.  The prompt futures quote will be different that the spot quote. If you graphed the history of the prompt future you might notice the discontinuity more. How do you determine when to roll from one contract to the other? Many data providers will give you a time series for the \"\"prompt\"\" contract history, which will automatically roll to the next expiring contract for you.  Some even provide 2nd prompt, etc. time series.  If that is not available, you'd have to query multiple futures contracts and interleave them based on the expiry rules, which should be publicly available. Also is there not a price difference from the contract which is expiring and the one that is being rolled forward to? Yes, since the time to delivery is extended by ~30 days when you roll to the next contract. but yet there are no sudden price discontinuities in the charts. Well, there are, but it could be indistinguishable from the normal volatility of the time series.\""}
{"_id": "391538", "title": "", "text": "Has this already occurred, if not: why? What are the road blocks? I think it's just that the barriers to entry are rather high.  Lenders would potentially be interested in a new score if it demonstrably saved them money (by more effectively weeding out risky borrowers), but because the FICO score already exists and they already know how to use it, there are costs and risks in making the transition, so lenders are unlikely to switch without solid evidence.  But to get solid evidence, you would need to test out the new score and see how well it correlated with loan default and so forth.  So there is a catch-22: no one will use the score until they know it works, but you can't know whether it works until people start using it. The existence of non-FICO credit scores (like VantageScore) shows that it is possible for alternatives to crop up.  The question is just whether they have enough concrete advantages to overcome the track record and name recognition of FICO.  Only time will tell. As for why an alternative score wouldn't be open source, you could ask the same about almost anything.  Creating a measurably better score would likely take lots of time and money (to gather and analyze data both on characteristics of borrowers and on their record of debt payment).  If someone is able to do that, they would probably rather do it secretly and then milk it for billions by selling the results of the secret for a long time without selling the secret itself, as FICO has done."}
{"_id": "391550", "title": "", "text": "\"I am assuming that there is some arbitrary law preventing ordinary people from investing... because I have never seen a guaranteed 6% ROI YOY in my entire life.  Talk about the 1% of the 1%... lucky bastards!  Banks are puplicly traded corporations... what's stopping an investment company from creating a \"\"fake\"\" bank that takes investments from regular people and invests those into the federal reserve?  Returning 5.99% per year to their shareholders?\""}
{"_id": "391561", "title": "", "text": "\"&gt;Yeah, that's Obama and the economy alright. Not just regular \"\"being burnt out\"\". Making room for motivated young entrepreneurs and small business owners is such a horrible thing.  Mostly related to compressed margins, but in a down economy it's even worse without adding extra liabilities. Some have been doing it for decades, admittedly with higher profit, but as the incentives to continue become less and less, its not completely being burnt out, its like if gas became 50% of your net salary. Why even go to work? It costs half your income just to GET to work.   &gt;Making room for motivated young entrepreneurs and small business owners is such a horrible thing.  Well they have a ton of \"\"for lease\"\" warehouse space and thousand and thousands of empty storefronts to choose from. Room is not the issue. Successful business plans that can flourish and actually produce something is the issue.   &gt;I imagine you're seeing this trend with young business owners too right?   No, I see young business owners mostly failing, they know they want to start a company but their understanding of details can often be limited. Desire is only part of the picture, you must also have discipline, sacrafice and determination. Some people do and can have those things, but most dont.   &gt;People are still starting businesses, being profitable and succeeding? Oh well, the government is still around to blame!  Fewer and fewer. Want to open a competitor to best buy? Good luck. Want to open a competitor to amazon? You're about 10-15 years behind. Most companies produce nothing tangible and you can only make so much money making custom t-shirts.   &gt;Oh well, the government is still around to blame!  I prefer to put my faith in people who know what they're doing and have been proven successful over decades. Not the government administration du jour who is gone in a few years whilst a new one comes in with entirely new policies.\""}
{"_id": "391567", "title": "", "text": "gotta be honest the one thing I was dying for after sweating my balls off at Angkor Wat was not a photo of me on the tuktuk but a cold beer  have a cooler of cold singha in the back of the tuktuk, charge $5 each, profits --&gt; moon"}
{"_id": "391573", "title": "", "text": "I agree with Option 3 from the accepted answer (His/Hers/Joint), but with one caveat (that my wife and I are finding out). Once you have children, if your income is in the mid-range where you are not paycheck to paycheck, but are not floating in excess money either (ie, you can have a vacation, but you have to plan for it and save up for a few months to do so), the child-relative expenses begin to be a huge factor in your overall budget, such that (particularly if one partner does more of the child-related buying) it can be hard to really keep up the 3 account separation, because those child-related expenses may end up being all of one earner's paycheck. We originally did the 3 way split, where we took rent, car, and utilities from joint (ie, each transferred a reasonable portion to the joint account to cover), and just bought groceries each occasionally such that it was generally a reasonable split (as we both shopped for groceries and both earned close enough to each other that it worked out).  But once we had kids, it ended up being very different, and we eventually had to more properly budget all of our funds as if they were basically joint funds.  While we still do have separate accounts (and, largely, separate credit cards/etc., except for one joint card), it's almost pro forma now due to the kids."}
{"_id": "391576", "title": "", "text": "&gt; They need to get it down to 15-20 items and go all out to make those the best possible.  Says Gordon Ramsey and *every* other bar and restaurant rescue/makeover show ever; on *almost* every episode.  Maybe there's something to it..."}
{"_id": "391583", "title": "", "text": "Retirement calculation, in general, should be based on the amount of money needed per year/month and the expected life expectancy. Life expectancy, if calculated to 90 years (let's say) indicates that post retirement age (60 yrs.) your accumulated/invested money should generate adequate income to cover your expenses till 90 years. The problem in general is not how long you shall live but what would be your expected spending from retirement to end of life expectancy. The idea is at the minimum your investments should generate income that is inflation adjusted. One way to do this is to consider your monthly expense now i.e. the expense that is absolute minimum for carrying on (food, electricity, water, medicines, household consumables, car petrol, insurance, servicing, entertainment, newspaper etc.) this does not contain the amortizable liabilities (home loan, child's education, other debts). It is better to take this amount per family rather than per person and yearly rather than monthly (as we tend to miss a lot of yearly expenses). This amount that you need today will increase at a Compounded Annual Growth Rate (CAGR) of the average inflation. For example, if today you spend 100 per year in 7 years you will need to spend appx. 200 at 10% inflation. Now, your investments will not increase post your retirement, so your current investment needs to do two things (1) give you your yearly requirement (2) grow by a fixed amount so that next year it can give you CAGR adjusted returns. In general, this kind of investment grows by high net amounts initially and slowly the growth decrease. The above can be calculated by Net Present value (NPV) formulae (http://en.wikipedia.org/wiki/Net_present_value). The key is to remember that the money that is invested when you retire should be able to give you inflation adjusted returns to cover your yearly expenses. How much money you need depends on your life style/expectation and how much return is received depends on the instruments that you invest on. As for your question above on the difference between the age of you and your spouse, it better to go with the consolidated family requirement and get an idea of how much investment is necessary and provision the same as soon as possible from your as well as your spouse's income. Hope this helps.- thanks"}
{"_id": "391590", "title": "", "text": "Starting with the basics, you have the sell side (investment banks, Goldman Sachs) and the buy side (asset managers, Blackrock). The buy side are the clients of the sell side, directing trade flow through banks and using their research and taking part in origination and new issues. Basically both are currently under structural pressure from passive investing combined with new technology and regulation (MIFID 2 in Europe)."}
{"_id": "391593", "title": "", "text": "\"Somewhere, I'm sure on Reddit, I read an article that said, \"\"Stop blaming Millennial's.\"\"  It was geared towards businesses and government. If I could find the link I would post it here.   I'm not a Millennial but I am getting very annoyed by the blame game. :/\""}
{"_id": "391596", "title": "", "text": "If they know/agree that they owe you money, they will send it to you, unless you explicitly told them to apply it to next year's taxes."}
{"_id": "391605", "title": "", "text": "\"Should I invest the money I don't need immediately and only withdraw it next year when I need it for living expenses or should I simply leave it in my current account? This might come as a bit of a surprise, but your money is already invested. We talk of investment vehicles. An investment vehicle is basically a place where you can put money and have it either earn a return, or be able to get it back later, or both. (The neither case is generally called \"\"spending\"\".) There are also investment classes which are things like cash, stocks, bonds, precious metals, etc.: different things that you can buy within an investment vehicle. You currently have the money in a bank account. Bank accounts currently earn very low interest rates, but they are also very liquid and very secure (in the sense of being certain that you will get the principal back). Now, when you talk about \"\"investing the money\"\", you are probably thinking of moving it from where it is currently sitting earning next to no return, to somewhere it can earn a somewhat higher return. And that's fine, but you should keep in mind that you aren't really investing it in that case, only moving it. The key to deciding about an asset allocation (how much of your money to put into what investment classes) is your investment horizon. The investment horizon is simply for how long you plan on letting the money remain where you put it. For money that you do not expect to touch for more than five years, common advice is to put it in the stock market. This is simply because in the long term, historically, the stock market has outperformed most other investment classes when looking at return versus risk (volatility). However, money that you expect to need sooner than that is often recommended against putting it in the stock market. The reason for this is that the stock market is volatile -- the value of your investment can fluctuate, and there's always the risk that it will be down when you need the money. If you don't need the money within several years, you can ride that out; but if you need the money within the next year, you might not have time to ride out the dip in the stock market! So, for money that you are going to need soon, you should be looking for less volatile investment classes. Bonds are generally less volatile than stocks, with government bonds generally being less volatile than corporate bonds. Bank accounts are even less volatile, coming in at practically zero volatility, but also have much lower expected rates of return. For the money that you need within a year, I would recommend against any volatile investment class. In other words, you might take whichever part you don't need within a year and put in bonds (except for what you don't foresee needing within the next half decade or more, which you can put in stocks), then put the remainder in a simple high-yield deposit-insured savings account. It won't earn much, but you will be basically guaranteed that the money will still be there when you want it in a year. For the money you put into bonds and stocks, find low-cost index mutual funds or exchange-traded funds to do so. You cannot predict the future rate of return of any investment, but you can predict the cost of the investment with a high degree of accuracy. Hence, for any given investment class, strive to minimize cost, as doing so is likely to lead to better return on investment over time. It's extremely rare to find higher-cost alternatives that are actually worth it in the long term.\""}
{"_id": "391619", "title": "", "text": "It would be unusual but it is possible that the expenses could be very high compared to your income. The IRS in pub 529 explains the deduction. You can deduct only unreimbursed employee expenses that are: Paid or incurred during your tax year, For carrying on your trade or business of being an employee, and Ordinary and necessary. An expense is ordinary if it is common and accepted in your trade,   business, or profession. An expense is necessary if it is appropriate   and helpful to your business. An expense doesn't have to be required   to be considered necessary. The next part lists examples. I have cut the list down to highlight ones that could be large. You may be able to deduct the following items as unreimbursed employee   expenses. Damages paid to a former employer for breach of an employment contract. Job search expenses in your present occupation. Legal fees related to your job. Licenses and regulatory fees. Malpractice insurance premiums. Research expenses of a college professor. Rural mail carriers' vehicle expenses. Tools and supplies used in your work. Work clothes and uniforms if required and not suitable for everyday use. Work-related education. If the term of employment was only part of the year, one or more of the these could dwarf your income for the year. Before deducting something that large be sure you can document it. I believe the IRS computers would flag the return and I wouldn't be surprised if they ask for additional proof."}
{"_id": "391644", "title": "", "text": "Insurance you purchase is paid to you. However, even if the home is destroyed, you still owe all the money to the bank, and you no longer have the house as part of the land's value to guarantee the loan. So depending on how much the land is still worth versus how much you owe -- and exactly what the terms of the loan are -- you may need to use some or all of that money to repay enough of the loan to bring it back within the bank's policies. Read the terms of the loan -- consider asking a lawyer to clarify it for you if necessary; having a lawyer review that kind of major contract is always wise anyway. \u2013"}
{"_id": "391654", "title": "", "text": "Not just that.   I occasionally drive through a rough part of town and see the dumbest people just walking in the street.   There is a sidewalk,  but let's walk in the busy road instead.   I'm going to get video of it,  it's insane.   Nobody uses the cross walk,  just dart out in traffic.   This has convinced me that there may be a significant correlation between intelligence and socioeconomic classes.  It's not education,  it's common sense shit they seem to be lacking.     It's really bad in the area I'm talking about.   There are sidewalks and cross walks and they are both blatantly ignored by way too many people in the neighborhood I am speaking of.   You have to see it to believe it,  people are dangerously retarded.   In order to not walk 20 feet further to get to a crosswalk and to a bus stop,  many people just opt to step out into traffic.   I came to this thread just because this is something me and my gf discuss each time we are in this section of town. It's like watching a live version of *Frogger* every 100 yards."}
{"_id": "391655", "title": "", "text": "How you check if a broker is legitimate: 1) Are they a registered broker dealer? Broker dealers have to be registered with FINRA and the SEC , which have their own databases for you to look up individuals and companies. here is FINRA's http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/ FINRA is a self-regulatory agency, the SEC is a federal government agency. All things considered, they pretty much have similar legislative authority over the industry. But thats a different story. If the broker isn't able to produce information that would confirm their registration status, or if you can't readily find it in the regulators database, then that is a major red flag. The biggest red flag of them all. 2) If brokers are also acting as a consumer bank, such as how Merrill Lynch is now part of Bank of America and the accounts can be linked pretty easily, then they should will also be regulated by the FDIC. This means that you will be able to find the capital ratio that the company has, letting you know how stable it is as an institution. Physical locations, the name, and duration of existence, or their rating on BBB have nothing to do with it."}
{"_id": "391657", "title": "", "text": "&gt; To be honest we are probably wrong in trying to tax foreign earnings.  [We only tax foreign earnings when the money is repatriated to the US](http://www.taxpolicycenter.org/briefing-book/how-does-current-system-international-taxation-work).  You think businesses should be able to go to the Bahamas, sell vast property to another American, and return the profit to the US tax free?  &gt; The US should learn the get on with less.  I'm all for discussing that idea.  Cut the spending before you talk about cutting the taxes that fund it."}
{"_id": "391668", "title": "", "text": "A company would have significantly less capital to pay a skilled worker at that point though. Keep that in mind.   So, to circle back now.   Small businesses make up a decent amount of our GDP and job creation.   Let's say you have had it working fir someone else and want to strike out on your own. You decide to start an e-commerce site, reselling from a factory on amazon. Simple enough set up. Online marketing made simple through amazon, google and facebook. But you don't have any idea how to translate that info into QuickBooks and push out the financial info needed for taxes, payroll, etc.   You need to hire a bookkeeper to sort it out, but it os only 5 hours worth of work per week. Do you hire them as a salaried employee giving them a liveable wage or pay them the rate you agreed upon for those 5 hours?"}
{"_id": "391711", "title": "", "text": "The strip is like that. You travel 10 min in ANY direction and its like any other normal city. Hell 15 min from where i live im hiking in pines. It's only a pain if you work on the strip, and even then(for me anyways) its maybe a total of 20-30 min of dealing with that.   Question, where do you live?"}
{"_id": "391715", "title": "", "text": "\"Yes, this is common and in some cases may be required.  They may use it for marketing at some level, but they also use it for risk management in deciding, for example, how much margin to offer and whether to approve access to \"\"riskier\"\" products like stock options.\""}
{"_id": "391737", "title": "", "text": "Does your enterprise standout to regional people through [Local Business Listing](http://come2ourdeals.com.au)? Is your enterprise reliant upon the regional location for your revenue? If you\u2019re not using enterprise outcomes as an additional promotion to reach people then you are missing out on a significant regional promotion."}
{"_id": "391752", "title": "", "text": "After searching a bit and talking to some investment advisors in India I got below information. So thought of posting it so that others can get benefited. This is specific to indian mutual funds, not sure whether this is same for other markets. Even currency used for examples is also indian rupee. A mutual fund generally offers two schemes: dividend and growth. The dividend option does not re-invest the profits made by the fund though its investments. Instead, it is given to the investor from time to time. In the growth scheme, all profits made by the fund are ploughed back into the scheme. This causes the NAV to rise over time. The impact on the NAV The NAV of the growth option will always be higher than that of the dividend option because money is going back into the scheme and not given to investors.  How does this impact us? We don't gain or lose per se by selecting any one scheme. Either we make the choice to get the money regularly (dividend) or at one go (growth). If we choose the growth option, we can make money by selling the units at a high NAV at a later date. If we choose the dividend option, we will get the money time and again as well as avail of a higher NAV (though the NAV here is not as high as that of a growth option). Say there is a fund with an NAV of Rs 18. It declares a dividend of 20%. This means it will pay 20% of the face value. The face value of a mutual fund unit is 10 (its NAV in this case is 18). So it will give us Rs 2 per unit. If we own 1,000 units of the fund, we will get Rs 2,000. Since it has paid Rs 2 per unit, the NAV will fall from Rs 18 to Rs 16. If we invest in the growth option, we can sell the units for Rs 18. If we invest in the dividend option, we can sell the units for Rs 16, since we already made a profit of Rs 2 per unit earlier. What we must know about dividends The dividend is not guaranteed. If a fund declared dividends twice last year, it does not mean it will do so again this year. We could get a dividend just once or we might not even get it this year. Remember, though, declaring a dividend is solely at the fund's discretion; the periodicity is not certain nor is the amount fixed."}
{"_id": "391765", "title": "", "text": "I'm no expert in this, so this is a legit question.  Are 401Ks and pension plans considered HFT or buy &amp; hold?  If HFT, would exception rates be beneficial?  Or would we want to encourage those groups to reduce frequency as well?"}
{"_id": "391766", "title": "", "text": "It's the physiological impact it has. If you took a loan to buy a home for $500k and you recently had it appraised for $450k you are more inclined to skip out on any home remodeling projects.   Also as ShakeyBobWillis pointed out it can be to your financial benefit to just walk away from an underwater mortgage. This creates even more glut in the marketplace."}
{"_id": "391801", "title": "", "text": "&gt;Reddit is a site that claims to be all for online democracy and transparency.  I stopped believing that the moment I found out that admins and mods of the largest subreddits run a private IRC channel. Seen it too many times."}
{"_id": "391808", "title": "", "text": "It depends on how they go about it.  If they simply go out and acquire all their competition, then yes they'd be labeled a monopoly.  If, however, they create their own service and everyone just likes it more then there's not much the US Government can do."}
{"_id": "391812", "title": "", "text": "I need to learn to read usernames.  ~~ You were already asked a relevant question, albeit in a humorous way. You were asked to support your claim, which you haven't done.   Without any additional information, I'll just say that I'm sorry you had a bad experience. ~~"}
{"_id": "391813", "title": "", "text": "\"Word salad specialist concealing communist beliefs by replacing commissars with computers.  He doesn't understand that the free market is a supercomputer where each node updates its wants and needs every day, buying or selling based on dynamic changes. He pretends its without a designer. No, it has 7 billion designers. He admits we don't have a free market, THEN BLAMES THE \"\"FREE MARKET\"\".  The parts of the market that are fucked up are precisely because of socialist redistribution which has rendered $Trillions of illegitimate transactions (i.e. welfare recipients are not legitimate customers... their money was stolen). Our culture has been driven largely by this faction, who didn't exist before the 1960s... the direct cause of cultural decline.  Without government theft (taxation), engineers, scientists and any type of *realists* would grow in power. Instead of people like Elon Musk, Sergey Brin, Jeff Bezos, etc. losing $Billions to politicians, they'd grow in wealth and ability to fund the future along high-tech lines.  I just don't get his view. The idealistic future IS possible, just when we get rid of taxation and make all service providers have voluntary customers. Those who provide the most value will then gain control over the future, and these people will inevitably be the most scientific, as long as coercive taxation and monopoly law no longer exists.  I cannot believe he calls the FDA - the undeniably ANTI-free-market agency - a market cartel creation. What a fucking liar. Just straight up liar. The FDA prevents competition by raising the cost of bringing a drug to market to over $1Billion on average. The guy is too smart to be this dumb. That means he's intentionally ruining the reputation of the non-existent, restrained free-market, and blaming \"\"free market\"\" for everything that the LACK of a free market causes.\""}
{"_id": "391817", "title": "", "text": "A couple of interesting things to note:  1) The estimated impact of 1% higher marginal wealth tax was a 0.035% reduction in economic growth.  2) The study, as far as I can tell, does not adjust for government expenditure. For example, if a government repealed the wealth tax but continued spending the same amount, that is economic stimulus. Its economic impact would not reflect the impact of an increase in the wealth tax and a subsequent increase in government spending."}
{"_id": "391819", "title": "", "text": "Besides the reason in @rhaskett's answer, it is important to consider that paying off a 30-year mortgage as if it was a 15-year is much more inconvenient than just paying the regular payments of a 15-year mortgage.  When you pay extra on your mortgage, some lenders do not know what to do with the extra payment, and need to be told explicitly that the extra needs to be applied toward the principal.  You might need to do this every month with every payment.  In addition, some lenders won't allow you to set up an automatic payment for more than the mortgage payment, so you might need to explicitly submit your payment with instructions for the lender each month, and then follow up each month to make sure that your payment was credited properly.  Some lenders are better about this type of thing than others, and you won't really know how much of a hassle it will be with your lender until you start making payments. If you intend to pay it off in 15 years, then just get the 15-year mortgage."}
{"_id": "391825", "title": "", "text": "I think im most excited about Simple. If someone can come along and can provide all my financial needs in terms of real time info on my accounts and spending ability, forcasts for spending, and adjusts all that in real time, i'm freaking sold.  While i'm not a crazy spender, something like that is great for people.  I'm going to play around with Codecademy for sure though."}
{"_id": "391831", "title": "", "text": "I just wish people who hate on keynesian policies (which while not perfect, are not as terrible as people point them out to be) would at least acknowledge that Keynes advocated maintaining budget surpluses when the economy is doing fine/alright.   For me the major catalysts for the recession were:  * Low interest rates despite rising real estate prices which encouraged risky investments. * Two expensive wars   Anything else was salt on the wounds really."}
{"_id": "391834", "title": "", "text": "\"Individual municipal bonds (not a fund) that will come to term in 2017 from your state.  This satisfies 1, 2, 4 and 5.   It doesn't satisfy #2.  These are not insured, and there can be details in each state about whether the municipal bonds are backed up by state general revenues in the event of a municipal bankruptcy; there are two general kinds, \"\"general obligation\"\" backed by the political will to raise taxes if needed; and \"\"revenue bonds\"\" backed by cash flow such as toll revenue, water utility bills and so forth.  Municipal bankruptcies are rare but not impossible.   http://www.bankrate.com/finance/investing/avoid-municipal-bonds-that-default-2.aspx\""}
{"_id": "391835", "title": "", "text": "I could see doing this if the investments were via different environments. The choices in a 401K are limited by the plan, so you might want to put new money into the 401K index fund. At the same time you could have IRA money invested in a similar index. You could even have non-retirement money invested. While you should look at all your investments while evaluating your investment percentages, the 401K (limited options) and the non-retirement account (avoiding taxes) might be harder to move around. Otherwise the only advantage of splitting between funds is avoiding having all your money in a Ponzi scheme."}
{"_id": "391841", "title": "", "text": "\"Note: Specific to UK. I can't recommend anything higher than Crunch - they act as your accountant and have their own cloud accounting software, so it's more expensive than just using cloud accounting software, but if you use an accountant to do your year-end anyway, then they cost about the same as using cloud accounting software plus using an accountant to do your year-end. The thing I like (as a software development contractor) is that I don't have to know or worry about different ledger accounts, or journal entries, or any of the other weird accounting things, etc. Most cloud accounting software claim to simplify accounting \"\"so that you can concentrate on running your business\"\" whereas the reality is that you still have to spend ages learning how to be an accountant just to fill it in correctly. With Crunch that's actually true, it does actually make it simple. I've used Crunch, Sage, and Xero, so my sample-set isn't very big - just thought I'd share my experiences. If you value your time and get annoyed by having to create multiple internal transfers between different ledgers just to do something simple, it's for you. This probably sounds like a sales pitch, but I have nothing to do with them and nothing to gain by recommending them. The only reason I'm so passionate is I started a new business to do an online shop and tried to use Crunch, but they don't do retail businesses. Only contractors/freelancers or simple service-based businesses (their software is geared up specifically for that which I guess is why it's more simple than the others). Anyway, so now I'm annoyed at having to use the more complicated ones.\""}
{"_id": "391861", "title": "", "text": "Asset Allocation serves many purposes, not just mitigating risk via a diversification of asset classes, but also allowing you to take a level of risk that is appropriate for a given investor at a given time by how much is allocated to which asset classes. A younger investor with a longer timeframe, may wish to take a lot more risk, investing heavily in equities, and perhaps managed funds that are of the 'aggressive growth' variety, seeking better than market returns. Someone a little older may wish to pull back a bit, especially after a bull market has brought them substantial gains, and begin to 'take money off the table' perhaps by starting to establish some fixed income positions, or pulling back to slightly less risky index,  'value' or 'balanced' funds. An investor who is near or in retirement will generally want even less risk, going to a much more balanced approach with half or more of their investments in fixed income, and the remainder often in income producing 'blue chip' type stocks, or 'income funds'.  This allows them to protect a good amount of their wealth from potential loss at a time when they have to be able to depend on it for a majority of their income. An institution such as Yale has very different concerns, and may always be in a more aggressive 'long term' mode since 'retirement' is not a factor for them.  They are willing to invest mostly in very aggressive ways, using diversification to protect them from one of those choices 'tanking' but still overall taking a pretty high level of risk, much more so than might be appropriate for an individual who will generally need to seek safety and to preserve gains as they get older.  For example look at the PDF that @JLDugger linked, and observe the overall risk level that Yale is taking, and in addition observe the large allocations they make to things like private equity with a 27%+ risk level compared to their very small amount of fixed income with a 10% risk level.  Yale has a very long time horizon and invests in a way that is atypical of the needs and concerns of an individual investor.  They also have as you pointed out, the economy of scale (with something like #17B in assets?) to afford to hire proven experts, and their own internal PHD level experts to watch over the whole thing, all of which very few individual investors have. For either class of investor, diversification, is a means to mitigate risk by not having all your eggs in one basket.  Via having multiple different investments (such as picking multiple individual stocks, or aggressive funds with different approaches, or just an index fund to get multiple stocks) you are protected from being wiped out as might happen if a single choice might fail.  For example imagine what would have happened if you had in 2005 put all your money into a single stock with a company that had been showing record profits  such as Lehman Brothers, and left it there until 2008 when the stock tanked. or even faster collapses such as Enron, etc that all 'looked great' up until shortly after they failed utterly.   Being allocated across multiple asset classes provides some diversification all on it's own, but you can also be diversified within a class. Yale uses the diversification across several asset classes to have lower risk than being invested in a single asset class such as private equity. But their allocation places much more of their funds in high risk classes and much less of their funds in the lowest risk classes such as fixed income."}
{"_id": "391876", "title": "", "text": "\"You need a brokerage account to invest in ETFs (there are many different kinds of ETFs, not just one) and that usually means having some amount already deposited with them into the \"\"cash account\"\" in your name. Once the brokerage account is established, you can send whatever money from each paycheck to the brokerage and tell them to invest it in the ETF of your choice. There are no restrictions as to how much money you can send if you send them a check. If you want the money to be withheld from your paycheck, then of course, the limit is the amount of the take-home pay, and whether your employer offers such a service will affect the issue. If you are wanting to invest in ETFs through your employer's 401(k) plan (or 403(b) plan), there are lots of other considerations.\""}
{"_id": "391896", "title": "", "text": "Your question is very widely scoped, making it difficult to reply to, but I can provide my thoughts on at least the following part of the question: I have a 401k plan with T. Rowe Price, should I use them for other investments too? Using your employer's decision, on which 401k provider they've chosen, as a basis for making your own decision on a broker for investing $100k when you don't even know what kind of investments you want seems relatively unwise to me, even if one of your focuses is simplicity.  That is, unless your $100k is tax-advantaged (e.g. an IRA or other 401k) and your drive for simplicity means you'd be happy to add $100k to any of your existing 401k investments.  In which case you should look into whether you can roll the $100k over into your employer's 401k program. For the rest of my answer, I'll assume the $100k is NOT tax-advantaged. I assume you're suggesting this idea because of some perceived bundling of the relationship and ease of dealing with one company & website?  Yes, they may be able to combine both accounts into a single login, and you may be able to interact with both accounts with the same basic interface, but that's about where the sharing will end.  And even those benefits aren't guaranteed.  For example, I still have a separate site to manage my money in my employer's 401k @ Fidelity than I do for my brokerage/banking accounts @ Fidelity.  The investment options aren't the same for the two types of accounts, so the interface for making and monitoring investments isn't either. And you won't be able to co-mingle funds between the 401k and non-tax-advantaged money anyway, so you'll have two different accounts to deal with even if you have a single provider.  Given that you'll have two different accounts, you might as well pick a broker/provider for the $100k that gives you the best investment options, lowest fees, and best UI experience for your chosen type/goal of investments. I would strongly recommend figuring out how you want to invest the $100k before trying to figure out which provider to use as a broker for doing the investment."}
{"_id": "391901", "title": "", "text": "That's because no one else is much building homes at this time, at least not at any scale.   My guess - and that's all it is - is that many capital intense businesses in the US are waiting to see if Obama gets kicked out this Fall.  If he does, I think we will see forward capital investment.  If he does not, I'd expect 4 more years of crummy economic news."}
{"_id": "391916", "title": "", "text": "&gt; You're saying that the best plan for America to remain relevant in the global economy is to not encourage education?   Yes, if that education is to spend 50k+ on yet another business management or arts degree. We need practical skills and degrees that back an education that allows someone to build, create and maintain. Having an educated populace that does nothing is worse than having them skip school because at least then society did not pay for the wasted education."}
{"_id": "391917", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Are We Ready For A Workforce That is 50% Freelance?](https://np.reddit.com/r/talkbusiness/comments/7836tp/are_we_ready_for_a_workforce_that_is_50_freelance/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "391922", "title": "", "text": "You're an idiot. Apple is another company on his list.  You're laughing now but in a few years no jobs will be in the U.S. You'll be shoving burgers down your throat and helping pay for foreign countries infrastructure and school systems."}
{"_id": "391929", "title": "", "text": "You can, in theory, have the stock price go up without any trading actually occurring. It depends on how the price is quoted. The stock price is not always quoted as the last price someone paid for it. It can also be quoted as the ask price, which is the price a seller is willing to sell at, and the price youd pay if you bought at market. If I am a seller, I can raise the asking price at any time. And if there are no other sellers, or at least none that are selling lower than me, it would look like the price is going up. Because it is, it now costs more to buy it. But no trading has actually occurred."}
{"_id": "391932", "title": "", "text": "This!  5) 3rd shifts. China will continue to produce your product after the run is done and direct sell it. Bring in the white guy. At the end of the day, he is to take the moulds with him. Arrange this ahead of time. Sometimes they'll sell all the pieces that failed QC with your product name on it. Then thousands of angry customers are contacting you and complaining about broken products, demanding refunds. Have the destruction of failed QC products babysat.   This is why getting components made in china but assembly in North America is a lot smarter. Use different factories for different parts, redo QC steps here.  An underwater scooter manufacturer had their product made in china. They knew they would be knocked off so they sabotaged their own product. They spec'd the scooter with seals that would intentionally fail, they deleted the catalytic battery caps and some key safety systems. An 'overhaul/QC' line was set up in North America where they tore down every scooter, did their own QC and replaced the seals, caps and other components. Surprise! 2 months later Chinese clone scooters hit our shores and during testing they all imploded and failed during the first dives."}
{"_id": "391965", "title": "", "text": "I would delay purchase of a condo or apartment until you have at a minimum, 6 months of living expenses including mortgage set aside in other investments that could be liquidated.  If you lost your source of income though disability or layoff or an unexpected termination of a grant, you need to have that cushion or a significant other whose salary can sustain payments.   You could lose a lot if you either cannot make the payments and/or the value to the apartment dips greatly.  Many folks in the recent housing bubble and Great Recession learned this the hard way.  Many lost their entire investment by not being able to make payments AND seeing their house lose 1/3 of its value."}
{"_id": "391974", "title": "", "text": "Zurich has private banking, Singapore has commodities trading, London has EU passporting rights... unless London becomes a major physical trading city or Zurich decides to move to London there is nothing really too feed all those banks. Germany and France have absolutely no incentive to give London passporting rights, they eagerly want Londons tax revenue. you might not have an inclination but that won't be up to you. People can and will move."}
{"_id": "391978", "title": "", "text": "December, 9, 2011 (01:30pm) :- Gold &amp; Silver are faced to be highest selling pressure by the investors and by the daily traders after the release of initial claim data.  Initial claims are least at 3,81,000 as comparing from the last 9 month data's.  Gold &amp; Silver trend totally negative side because Gold breaks their important support at $ 1728 which is also broke yesterday.  Under $ 1728 Gold trend totally down for Short term.  Silver have support at $ 32, which is already broke yesterday &amp; also strong resistance at $ 32.60.  On Wednesday we saw that Big investors sold around 3500 Kg approx Gold &amp; bought 30,000 Kg Silver."}
{"_id": "391988", "title": "", "text": "\"I just edited an employment agreement last week that had a fairly standard noncompete for the industry (\"\"You won't go to work for my clients\"\") , but the last sentence was \"\"You will not work as a contractor or consultant within 150 miles for 18 months.\"\"  WTF. Granting the employer the benefit of the doubt, it was intended to mean \"\"for any of my clients\"\" but that's not what it said, and as written it basically meant if I leave this job I can't work for 18 months.\""}
{"_id": "392005", "title": "", "text": "People are making use of them in almost every space including hotel, hospital, home, office, restaurant, production homes, shopping complexes and more. And it actually aggravates the need to avail for expert domestic air conditioning installation, repair and maintenance services. @ https://medium.com/@airflowsouthwest/choosing-the-right-type-of-air-conditioner-50ec03c7af2e"}
{"_id": "392030", "title": "", "text": "Have you ever heard of guilt by association?   Also, just for the record and not because I give one fuck about whether you or anyone else thinks I'm a racist or not, I'm not a racist. Sorry to burst your bubble. I have more off-color friends than you probably do. Fortunately, they have their heads on straight and see the world and events for what they are, not clouded by some social justice warrior's idyllic hope for the future."}
{"_id": "392037", "title": "", "text": "In India, as suggested above, short/long position can be taken either in F&O or Spot market. The F&O segment short/long can be kept open for appx. 3 months by taking position on the far contract. In intra-day/Spot market, usually the position has to be squared at the end of day or the broker will square it during expiry (forcibly). However, having said that, it is a broker specific feature, as per National Stock Exchange (NSE) or Bombay Stock Exchange (BSE) any transaction has to be settled at the end of T+2 days (T being the trade day). Some brokers allow intra-day positions to be open for T+1 or T+2 days as long as the margin is provided. This is a broker specific discretion as the actual settlement is on T+2 (or in some cases as the exchange specifies). So, in general, to short a stock for a longer time, F&O segment should be used."}
{"_id": "392041", "title": "", "text": "\"Since these indices only try to follow VIX and don't have the underlying constituents (as the constituents don't really exist in most meaningful senses) they will always deviate from the exact numbers but should follow the general pattern. You're right, however, in stating that the graphs that you have presented are substantially different and look like the indices other than VIX are always decreasing. The problem with this analysis is that the basis of your graphs is different; they all start at different dates... We can fix this by putting them all on the same graph:  this shows that the funds did broadly follow VIX over the period (5 years) and this also encompasses a time when some of the funds started. The funds do decline faster than VIX from the beginning of 2012 onward and I had a theory for why so I grabbed a graph for that period. My theory was that, since volatility had fallen massively after the throes of the financial crisis there was less money to be made from betting on (investing in?) volatility and so the assets invested in the funds had fallen making them smaller in comparison to their 2011-2012 basis.  Here we see that the funds are again closely following VIX until the beginning of 2016 where they again diverged lower as volatility fell, probably again as a result of withdrawals of capital as VIX returns fell. A tighter graph may show this again as the gap seems to be narrowing as people look to bet on volatility due to recent events. So... if the funds are basically following VIX, why has VIX been falling consistently over this time? Increased certainty in the markets and a return to growth (or at least lower negative growth) in most economies, particularly western economies where the majority of market investment occurs, and a reduction in the risk of European countries defaulting, particularly Portugal, Ireland, Greece, and Spain; the \"\"PIGS\"\" countries has resulted in lower volatility and a return to normal(ish) market conditions. In summary the funds are basically following VIX but their values are based on their underlying capital. This underlying capital has been falling as returns on volatility have been falling resulting in their diverging from VIX whilst broadly following it on the new basis.\""}
{"_id": "392054", "title": "", "text": "While I see the argument for this, I'm not sure I agree with it.    I expect a member of the board to act in the best interest of the company while acting as a member of the board.  However, I don't think you're obligated to have every action outside of that to be completely inline with the company.  You are entitled to your own opinions.  Furthermore, I don't think that Hastings gave him the low rating because he thought it reflected poorly on facebook, but because he disagreed with Tiel's political choices.    The email quote in question:  &gt; I\u2019m so mystified by your endorsement of Trump for our President, that for me it moves from \u2018different judgment\u2019 to \u2018bad judgment.\u2019 Some diversity in views is healthy, but catastrophically bad judgment (in my view) is not what anyone wants in a fellow board member.  While I agree with Hastings in that Tiel's support for Trump was a bad choice, it's clear that he gave the rating to Tiel _solely_ because he differed in political views than him, and not even from the perspective of being bad for facebook, and _that_ is what's uncalled for."}
{"_id": "392056", "title": "", "text": "I am glad they are going away. Malls are an environmental tragedy.   1)They are the product (or maybe even part of the cause) of suburban sprawl. They encourage car usage and, by virtue of their need for large open areas to be constructed, are often far from where most people work and live. As a result, patrons have to drive large distances from their houses/jobs to the shopping centers.   2) The [parking lots are tremendous waste of space and hugely damage the environment.](https://journalistsresource.org/studies/environment/transportation/parking-environmental-impacts-development-policies-research-roundup)    3) Online shopping is much better for the environment as the product can be shipped directly to the consumer.   4) Once they are built and then closed, the space where the centers sat is basically abandoned and turns into blight. Depending on the businesses that were housed in the mall and the businesses that were supported by the mail (especially gas stations), these sites could be toxic.   I am sure there are more reasons why malls are environmentally harmful, but those are a few off the top of my head."}
{"_id": "392060", "title": "", "text": "Every 90 days add an Initial Fraud Alert to each of the 3 major credit bureaus."}
{"_id": "392069", "title": "", "text": "\"As Dheer pointed out, Wikipedia has a good definition of what a negotiable instrument is.  A security is an instrument or certificate that signifies an ownership interest in something tangible. 1 share of IBM represents some small fraction of a company. You always have the ability to choose a price you are willing to pay -- which may or may not be the price that you get. A derivative is a level of abstraction linked by a contract to a security... if you purchase a \"\"Put\"\" contract on IBM stock, you have a contractural right to sell IBM shares at a specific price on a specific date. When you \"\"own\"\" a derivative, you own a contract -- not the actual security.\""}
{"_id": "392073", "title": "", "text": "&gt; Too many Americans are born into the same poverty  I mean that was sort of my point.  Far too many young single women in poverty make the decision to bring another human being into that life, rather than working on improving their own situation first.  Their children will never have any opportunity because of their selfish decisions."}
{"_id": "392094", "title": "", "text": "\"Bank of America \"\"safe-pass\"\" generates a code that is sent to your phone as a text message. Its an optional feature, this happens during log in, if you enter that code correctly, then you are taken to your more traditional login, which also features the weak (but widely heralded) two-factor authentication which shows a picture you chose and a password field. Some other banks do other things, but yes, your craigslist phone verification is generally more secure.\""}
{"_id": "392124", "title": "", "text": "\"I think it really depends on what work/lifestyle you are looking for. I'm sure your more than capable of going down either route, but you should weigh up the pros and cons of each A consultant would be great, you'd be your own boss and you have overall say on how your business/career plans out, but be prepared to put in a hell of a lot of work to get it off the ground. Long hours, little time for social/family etc. But in the long run it'll pay off Employee, no worries about running your company, just turn up and perform your duties. You'll get the whole benefit package: healthcare/pension etc. You can probably go on expense paid training courses etc It depends, do you want to just be an employee working \"\"for the man\"\" or do you want to be \"\"the man\"\"? I wish you luck in whatever you do! :D\""}
{"_id": "392137", "title": "", "text": "I wonder in this case if it might be easier to look for an emerging markets fund that excludes china, and just shift into that.  In years past I know there were a variety of 'Asian tiger' funds that excluded Japan for much the same reason, so these days it would not surprise me if there were similar emerging markets funds that excluded China.  I can find some inverse ETF's that basically short the emerging markets as a whole, but not one that does just china.  (then again I only spent a little time looking)"}
{"_id": "392144", "title": "", "text": "Its interesting that you state they are a mess of laws. I think sometimes we in the US are the same way. I like the idea of flat regulations however so many companies spend tons of money in order to find ways via legalese to circumvent the laws."}
{"_id": "392163", "title": "", "text": "\"At its heart, I think the best spirit of \"\"donation\"\" is helping others less fortunate than yourself. But as long as the US remains solvent, the chief benefit of paying down the national debt is - like paying off a credit card - lowering the future interest payments the U.S. taxpayer has to make. Since the wealthy pay a disproportionately large portion of taxes (per capita), your hard earned money would be disproportionately benefitting the wealthy. So I'd recommend you do one or both of the following: instead target your donations to a charity whose average beneficiary is less fortunate than yourself take political action with an aim towards balancing the federal budget (since the US national debt is principally financed in the form of 30 year treasuries, the U.S. will be completely out of debt if it can maintain a balanced budget for 30 years recanted, see below)\""}
{"_id": "392169", "title": "", "text": "The exact Financial calander followed is different for different regions/countires. The difference is more historical and a convinient practise that has no advantage / reason to change. Many Countries like US/Japan the Financial year can be choosen by companies and needs to be same every year. This need not be same as the Financial year followed by Government. Typically Banks would follow the Financial year followed by Government as this would have more direct impact on the business per say in terms of policy changes which are typically from the begining of new financial year for Government. If the Banks follow a different calander, there would be additional overhead of segregating transactions for reporting. Large corporates on other hand would tend to follow a Calander year as it is more convinient when operating in different geographies.  There is a very good article on wikipedia http://en.wikipedia.org/wiki/Fiscal_year"}
{"_id": "392172", "title": "", "text": "I'm not a fan of spending time negotiating prices within the company; that's just a waste of time, but I think assigning costs appropriately is important to evaluating the segment or department performance.  If the internal sales are done across borders there are tax impacts and you are required to charge a market rate.  Transfer pricing is a hot topic within the accounting industry"}
{"_id": "392182", "title": "", "text": "\"This depends entirely on the kind of \"\"IT\"\" you're doing. A couple of examples to illuminate how wide the term is: To answer your core question: look beyond the title (\"\"IT\"\"), to the function you're providing to the bank, and ask if / how that function can generate money for the bank for better income possibilities; if the answer is \"\"none\"\", figure out which levers are closer to making money, and position yourself as such.\""}
{"_id": "392187", "title": "", "text": "\"Best Buy's customer service tomfuckery is the sole reason I will never set foot in one of their stores, ever again.    Several years, and two TVs ago, I purchased a floor model on sale.  While I didn't expect much, it was cheap.  One of the things I asked _specifically_ about was the remote.  The salesman assured me the remote was there.  I said okay and we got the thing finagled off the wall and he went looking for the remote for 30 minutes.  Came back with a remote with the same brand as the TV, and said, \"\"Here it is, it was mislabeled.\"\"  We did some rudimentary tests in store -- power on, channel flip, etc.  Seemed to work.  Got it home, remote *only* worked for those basic functions -- power, channel, volume.  Anything else didn't, including the number pad, or the various \"\"launch netflix\"\" buttons, etc.  Did some research, the remote was for a different line.  So I went back to Best Buy, with the remote, and told my tale.  I asked for the reasonable:  The remote for the TV itself, or for Best Buy to order the remote from the manufacturer.  It was literally a $20 part, which I could've done, but they said they'd take care of it.  I even had the part number, and shit.  All they had to do was call the number, give them a card # and a shipping address and I would've been happy.  I got, delivered to my door, in order:  * One order, COD to my home.  I refused delivery. * A box with 3 remotes, the same model as the one I originally got, which was not the right remote.  I sent those back. * A box with a Logitech universal remote (really nice, but I already had one by that point), I sent it back. * A \"\"we're sorry\"\" letter, and a coupon for like 20% up to $500 at Best Buy.  I sealed it back up and wrote \"\"return to sender, not a remote\"\" on it, and sent it back.  Finally, after almost three months, a lady from the \"\"office of the President\"\" (at Best Buy) _called_ me, apologized profusely, conferenced in a rep from the manufacturer, and ordered the fucking remote with me on the phone.    I can only image the amount of money and time they wasted trying to save $20.    Fuck 'em.\""}
{"_id": "392188", "title": "", "text": "Go for it, name an empire that purchased its own debt historically and survived.  Sure, its not a straight up ponzi, but you are too daft to tell its still about as absurd as one. Maybe you can write us a little novel from your finance 101 book, loser. You obviously are great at copying what your finance teachers taught you.   Some of us, went a little further in life, little guy."}
{"_id": "392212", "title": "", "text": "From my memory of CFA Level 2 accounting:  * If Company A buys 50% or more of company B, they must consolidate 100% of Company B on their financial statements. The % of the business they don't own is multiplied by net income every year, and the resulting number is added to minority interest on the balance sheet. * If Company A buys more than 20% but less than 50%, use the equity method of accounting. This involves creating an asset for the purchase price paid for the stake in Company B. The asset increases in value by dividends received, that's it. * If Company A buys 20% or less, the investment is held in Marketable securities or something similar on the balance, and is marked-to-market."}
{"_id": "392234", "title": "", "text": "&gt; The stock market measures individual companies' ups and downs, right?  Not precisely, no. If anything it measures...  1. Information  2. Risk and Riskiness  3. Market Sentiment  &gt; Perhaps it could even gain over my life.  One would assume that this would be a relatively flat graph, with little if any trend, and occasional spikes upwards and downwards. It'd also be subject to caps and floors, unlike the market which is only floored (at 0).  &gt; I don't know if anyone could come up with a kind of standardised measurement we could use to do this.  It'd be impossible. Happiness is subjective *and* relative. Getting a million bucks might make me happy, but Bill Gates bored. Having a child can be conflicting intensely. The death of a loved one could be both sad and a relief."}
{"_id": "392252", "title": "", "text": "If you quit or get fired, you have 60 days to pay back the loan. If you cannot pay back the loan it becomes an early withdrawal subject to taxes and the the 10% penalty. Taking a loan for any significant amount of the down payment is a bad idea for the reasons above. As an alternative, adjust your contributions down to get your maximum match and stash the extra money outside of your 401k in a brokerage account. If you have a Roth IRA already, you can into using up to 10k of it for a first time home purchase."}
{"_id": "392267", "title": "", "text": "He's definitely right, I buy a ton of stuff from Amazon, and get lots of problems both from Amazon.com and 3rd party items. I also sell on FBA and basically everyone of my shipments has some problem in the warehouse, either items get damaged or lost. Amazon will typically reimburse it, but it's still a pain.  The worst thing that happened though was to a friend of mine, he had 2 private label products that were great sellers, he sent a shipment in and Amazon mixed it up with somebody else's stuff or something, and he got like 100 orders of both products where the customer got the wrong thing because of Amazon's error. They eventually paid him for the inventory beut his product got bad reviews and went from selling 20+ a day to 1 or 2 a week. Pretty much killed his business."}
{"_id": "392285", "title": "", "text": "\"Here is the way I would estimate your taxes.  Remember that a bi-weekly paycheck means that you get 26 paychecks per year. If the $1000 federal refund is too much for you, you can decrease your withholding to bring your refund down.  This can be done by increasing your exemptions claimed on your W-4.  See \"\"How can I adjust tax withholding so that I don't get a large Tax Refund?\"\" for more details. However, keep in mind that your state withholding is perfect right now, and if you increase your exemptions, you will likely owe tax to the state, unless you increase your state withholding at the same time.\""}
{"_id": "392292", "title": "", "text": "You do realize that the deficit grew as a factor of the GDP faster under the last couple of GOP administration's than it did under the last couple of Dem administration's? Hook, line and sinker. The GOP thinks that they can talk about deficit neutral bills and people won't see all the tax cuts for the wealthy which add to if not accelerate the deficit...  Shoot, just compare the deficit of to states like Kansas and Missouri to see how GOP run states fare..."}
{"_id": "392313", "title": "", "text": "non-resident aliens to the US do not pay capital gains on US products. You pay tax in your home country if you have done a taxable event in your country. http://www.investopedia.com/ask/answers/06/nonusresidenttax.asp#axzz1mQDut9Ru but if you hold dividends, you are subject to US dividend tax. The UK-US treaty should touch on that though."}
{"_id": "392317", "title": "", "text": "If I hold a bond then I have a debt asset. If I hold physical silver then I have a commodity asset. If I hold the stock of an individual company then I have an equity asset. Equities, commodities and debts are the three kinds of assets that a person can hold.  Edit: I forgot one other kind of asset; monetary asset. If I stuff my mattress with cash (USD) I am holding a monetary asset.  Short-term Treasury Bills really behave more like a monetary asset than a bond. So besides actual, physical, currency I would categorize T-bill as a monetary asset.  https://www.treasurydirect.gov/indiv/products/prod_tbills_glance.htm"}
{"_id": "392329", "title": "", "text": "I already know of this method. I was creating a peer group and found 4-5 very similar companies, however one of them is a foreign public company with a subsidiary competing directly with a company I am trying to find the beta for. I guess I have to omit this company because it's strictly foreign?   Also, what do I do if I can't find any public companies that are similar to the company I am trying to value?"}
{"_id": "392337", "title": "", "text": "Fidelity answers this pretty well: Yes. The IRS requires that you keep your receipts for HSA   account expenses. While you will receive an HSA bank   account statement each month and you can access your   account online, the receipts will be required should you ever   be audited by the IRS. You may upload your receipts to the   PilotHSA system for easy retrievel at a later date."}
{"_id": "392357", "title": "", "text": "Regarding the tax implications half of your question ... There seem to be a lot of articles that say there's not yet any established law concerning the tax treatment of crowdsourced funds. Since your objective is gift-giving rather than business purposes, it would seem that the gift tax rules would apply, and gift taxes are charged to the donor not the donee.  (But I am not a tax attorney.)"}
{"_id": "392360", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://angrybearblog.com/2014/09/why-the-rich-hate-inflation-because-theyre-creditors.html) reduced by 78%. (I'm a bot) ***** &gt; So given an outstanding stock of trillions of dollars in fixed-interest loans/bonds, an extra point of inflation should transfer tens of or hundreds of billions of dollars a year in real buying power from creditors to debtors.  &gt; While the 20% certainly have debts, they owe them mostly to themselves as bank shareholders, so The-20%-As-Debtors don&amp;#039;t benefit from the cheaper payback caused by inflation; it&amp;#039;s a wash.  &gt; It&amp;#039;s roughly 3% of the 20%ers annual income from capital,* and only $6,000 a year for each of the 20 million households in the top 20%. But you can be quite sure that that number is at least one order of magnitude larger for households in the top 1,.1, or.01%. If the top 1,000 or 10,000 households perceive themselves as losing, say, $600,000 a year in real buying power for each point of inflation, are you curious why they hate inflation?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6j48pa/why_the_rich_hate_inflation_because_theyre/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~151146 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Inflation**^#1 **bank**^#2 **year**^#3 **million**^#4 **20%er**^#5\""}
{"_id": "392371", "title": "", "text": "Does you job offer a retirement plan?  (401k, SIMPLE, etc)  Does your employer offer a match on contributions? Typically an employer will match what you put in, up to a certain percentage (e.g. 3%). So, say you contribute 3% of your paycheck into your retirement plan. If your employer mathes that, you've effectively contributed 6%. You've just doubled your money! The best thing a young professional can do is to contribute to your employer-matched retirement plan, up to the maximum amount they will match. You should do it immediately.  If not, you are leaving money on the table."}
{"_id": "392376", "title": "", "text": "You're basically correct, but this may help:"}
{"_id": "392379", "title": "", "text": "Social networks have consumed distances and information, nowadays like a shower of fire. A businessman, a scientist, a student or anyone, it is not possible to imagine his life without social networking sites. This is best done with a businessman, scientist, student, etc. Social networking sites like Facebook, Instagram, Twitter, etc., collect a lot of our attention. There are more than millions of people who register on these social networking sites. The site, which receives more followers each month, is Instagram. If anyone wants fame or publicity, they should immediately buy active Instagram followers."}
{"_id": "392393", "title": "", "text": "\"I do actually agree.  But here's where I'm coming from - another redditor once told me \"\"pirates are just looking for excuses to do what they want\"\".  He meant it disparagingly, but I fully agree.  Downloading movies is cheap and convenient, and so pirates look for excuses to justify that.  The high prices of movies and cinemas, the immoral actions of the studios, the inconvenient alternatives, etc all add up to excuses that can be used.  Without those excuses, you get cognitive dissonance.  And this internal pressure is what persuades people to pay.  Just an example, I haven't pirated any games since Steam came out.  I pay an average about $5 per game or something and have literally hundreds of games.  There have been the occasional game that I've missed out on but I can live with that.\""}
{"_id": "392403", "title": "", "text": "High frequency trades are intra day. The would buy a stock for 100 and sell for 100.10 multiple times. So If you start with 100 in your broker account, you buy something [it takes 2-3 days to settle], you sell for 100.10 [it takes 2-3 days to settle]. You again buy something for 100. It is the net value of both buys and sells that you need to look at. Trading on Margin Accounts. Most brokers offer Margin Accounts. The exact leverage ratios varies. What this means is that if you start with 10 [or 15 or 25] in your broker you can buy stock of 100. Of course legally you wont own the stock unless you pay the broker balance, etc."}
{"_id": "392434", "title": "", "text": "Simply file an amended return to correct the mistake. This happens all the time and is a standard procedure that every legitimate tax pro can handle. You can work it out with the tax pro about whose mistake it was and who should pay for the additional service."}
{"_id": "392451", "title": "", "text": "Carrying out marketing research is, however, a challenging, time-consuming, and costly proposition if you choose to do it on your own. Because of the hassles, time and effort involved in marketing research, majority of businesses now prefer outsourcing their marketing research to the marketing research companies."}
{"_id": "392459", "title": "", "text": "Oh that ought to do it.  Gaming systems not using DirectX? Better make our own game system.  Windows Phone sucks? Phone makers just aren't using it right. Better make our own phone.  Every market they enter, they create a loss leader and try to push out the competition. Well I think consumers are onto this. Windows Phone sucks. Android and IOS will continue to lead the market."}
{"_id": "392465", "title": "", "text": "\"Your question is one of semantics.  ETFs and mutual funds have many things in common and provide essentially the same service to investors with minimal differences.  It's reasonably correct to say \"\"An ETF is a mutual fund that...\"\" and then follow up with some stuff that is not true of a typical mutual fund.  You could do the same with, for example, a hedge fund.  \"\"A hedge fund is a mutual fund that doesn't comply with most SEC regulations and thus is limited to accredited investors.\"\" As a matter of practice, when people say \"\"mutual fund\"\" they are talking about traditional mutual funds and pretty much never including ETFs.  So is an ETF a mutual fund as the word is commonly used?  No.\""}
{"_id": "392473", "title": "", "text": "Im just saying I am familiar with this stuff and I have seen the way things work there and how capable they are of replacing someone like Walmart anytime soon. Again, it could happen in the not too distant future but it's at least a decade out before things get bad for Walmart."}
{"_id": "392480", "title": "", "text": "Debt is no fun. Getting out of debt to replace it with more debt is no fun. In both cases, you are making an investment in your child's future. That's laudable, but there might be other ways to economize on the education costs. I prefer HELOC debt because I can deduct the interest (as you pointed out) and it usually allows re-borrowing if other cash-flow problems crop up. The downside of borrowing against your house is that your house could be foreclosed if you become insolvent, and you will lose your buffer if you max out the equity now. The same problem exists with a 2nd mortgage. The fact that you would still have a mortgage either way does make the option more attractive though (or less unattractive anyway)."}
{"_id": "392481", "title": "", "text": "The Owners of stock keep changing with every Buy and Sell. Hence its theoritically possible that everyone makes or loses money. Say the price was $10 when everyone purchased the stock. If the stock is doing good and the markets are good, the stock will move up to $12. Everyone sells the stock to someone else. So all the Old owners have made $2. Now after some period of time, the stock / company is not doing so well, and the markets are bad, so the stock falls to $11, everyone sells. So all the current owners make a loss of $1.   However in normal market conditions, there are Owners who have purchased stock at different price points and have held it irrespective of whether the price has gone above their purchase price or below their purchase price."}
{"_id": "392484", "title": "", "text": "You would report the overall income on your T1 general income tax return, and use form T2125 to report income and expenses for your business.  Form T2125 is like a mini income-statement where you report your gross revenue and subtract off expenses.  Being able to claim legitimate expenses as a deduction is an important tax benefit for businesses big and small. In terms of your second question, you generally need to register for a business number at least once you cross the threshold for GST / HST. If you earn $30,000/year (or spread over four consecutive quarters) then charging GST / HST is mandatory; see GST/HST Mandatory registration.  There are other conditions as well, but the threshold is the principal one. You can also register voluntarily for GST / HST even if you're below that threshold; see GST/HST Voluntary registration.  The advantage of registering voluntarily is that you can claim input tax credits (ITC) on any GST that your business pays, and remit only the difference.  That saves your business money, especially if you have a lot of expenses early on. Finally, in terms of Ontario specifically (saw that on your profile), you might want to check out Ontario Sole Proprietorship.  There are specific cases in which you need to register a business: e.g. specific types of businesses, or if you plan on doing business under a name other than your own. Finally, you may want to consider whether incorporating might be better for you.  Here's an interesting article that compares Sole Proprietorship Versus Incorporation.  Here's another article, Choosing a business structure, from the feds."}
{"_id": "392490", "title": "", "text": "\"Labor is the only thing that has value. What do you have other than your time, your abilities-- that is, your labor potential? The economy is made of *people*, not *trading*. Marx talked about this \"\"inverted world\"\" of capitalism, where a strange focus is given to exchange value, as opposed to use value. Expending and comprehension of human effort is all that we have; as late capitalism begins to collapses and post-capitalism rises (as in the startup world and some other segments, where laborers have a decision-making stake in their company and work for equity/salary as opposed to hourly slavery (i.e. they \"\"sieze the means of productions\"\" in modern terms)), we realize our maps are now \"\"worth\"\" more than the territory they represent.\""}
{"_id": "392503", "title": "", "text": "Have you found a general contractor to rebuild your home? I would imagine that someone with a bit of expertise in the area is used to dealing with insurance companies, floating the money for a rebuild, and hitting the gates to receive payment for work accomplished.   Business are used to not receiving payment when work is accomplished and it is part of the risk of being in business.  They have to buy materials and pay employees with the expectation of payment in the future.  Much like workers go to work on a Monday for the work that day, three Friday's later, business often have to float costs but for longer periods of time. If you are looking to be your own general contractor then you will have to float the money on your own. The money should not be used for living expenses or mortgage payments, it should be used for down payments in order to get the work of rebuilding started."}
{"_id": "392509", "title": "", "text": "We, at VIC Recycle Metals, are very proud in   offering quality scrap metal recycling service where you can   be assured of getting friendly service along with being paid   the most current market price. If you are looking to sell   your Bronze scrap, contact us today. Our scrap bronze   recycling facilities allow us to recycle all kinds of bronze   products. If you'd like to speak with a member of the team   at VIC Recycle Metals, please call us on 0403 938 119."}
{"_id": "392520", "title": "", "text": "&gt;We Gen Xers are losing our highest earning years of our lives while the Millenials are losing the lowest.   That's not how it works. You don't just magically start making more because you're older, you make more because you have more experience. Millenials are losing more because not being able to find jobs now prevents or delays their reaching those higher earning years."}
{"_id": "392522", "title": "", "text": "I am not fit but not overweight, I never go to the gym, just eat healthy.  My co-workers all in their late 30's early 40's all are very fit, and all go to the gym at lunch time for like 1.5 hours."}
{"_id": "392524", "title": "", "text": "\"I think you are giving Jamie Dimon too much credit for actually having his thoughts together before making these kind of comments.  When he emphasizes \"\"business tax scheme\"\" he means low corporate taxes. His call for \"\"regulatory reform\"\" is just the usual banker B.S. that they desperately need to be able to gamble with other people's money to make bad mortgage loans and other such crap.  The connection to very high *personal* taxes to pay for infrastructure would need to be explicit for me to believe Dimon was making it.  Really, at least in these public-facing statements, Dimon is pretty stupid compared to what you might think a CEO of a major bank would be. Maybe Dimon is brilliant in some other way, but putting economic analysis into words is not it.  If the 2008 crisis taught us nothing else, it is that there are a lot of really stupid billionaires. https://medium.com/bull-market/digital-locability-and-interocular-trauma-973397192975\""}
{"_id": "392552", "title": "", "text": "I personally would do it the other way around. Most professors are textbook professors, there's not much they can provide to leaders than what leaders already know. However it would be beneficial for professors to hear more from leaders (large or small) since the world is changing and they can take that real life experience and share them with students. Just my 2 cents."}
{"_id": "392583", "title": "", "text": "When it comes to the inner beauty of the place, every room available in California hotels can make you have a great time. You can make your choices among the offered rooms which are smoking, non-smoking, and spacious suites for your own convenience."}
{"_id": "392585", "title": "", "text": "\"One of my New Year's resolutions a few years ago was to give up New Year's resolutions.  It's the only resolution I've kept.   Why wait until Jan. 1 to do something?  Jan. 1 is just another day of the year. I'm thinking of going lightly into treasury bills next year. Never mind the small returns, at least I won't be spending the money unwisely. You will be giving your money to the government so they can spend it unwisely.  I don't think there is anything wise about that.  You are also implicitly lobbying for future taxes since the government will have to tax people to pay back your treasuries.  Surely there are \"\"wiser\"\" places to put your money.\""}
{"_id": "392605", "title": "", "text": "My understanding is you can create a company 0 value. Then you need to either loan the company the money to buy the building (it will still have 0 value as it will have a debt equal to it's assets) or sell share to investors at any price you like to raise the money to buy the building.  Once shares have value (as valued by a chartered accountant - not anyone can do this) then anyone recieving shares will have to pay income tax. This is why keeping the shares as no value for as long as possible can be preferable. Also a benefit of using share options. talk to your investors, see what they require."}
{"_id": "392607", "title": "", "text": "Most companies that have employee discounts have policies to prevent exactly this. Sometimes they will say that you can only use the company discount for products that you intend to use yourself, they'll specifically ban buying things for friends. Of course enforcing such a rule can be difficult, but a car is a big enough purchase that if they have such a rule, they're likely to pay attention. Other times they try to discourage letting friends use your discount by having rules that make it awkward. Like I used to work for a furniture company that said you had to pick up the furniture personally at the office where you worked. So if you wanted to buy a sofa for your brother who lived in another state, you'd have to pay to ship it, and probably wipe out most of the savings from the employee discount. My daughter's employer says you have to show your employee ID when you make the purchase and then they deduct it from your next paycheck. So you'd have to get your friend to pay you back, maybe loan them your ID if they want to pick it out, which would get awkward. Etc. Assuming the company doesn't care if you buy with an employee discount and re-sell, or their rules are lax enough that you can get away with it, I'm not aware of any law that would stop you. In general there aren't any laws against you re-selling things you've bought. People have garage sales and sell used cars and the like all the time. (There are specific exceptions. Like you can't re-sell prescription drugs.)"}
{"_id": "392609", "title": "", "text": "In an age of terrible customer service, I'd say an easy customer service experience improves my perception of the brand and makes me more likely to buy one of their products again. But maybe that is just because companies have set the bar so low with atrocious customer service in recent years..."}
{"_id": "392640", "title": "", "text": "\"significant moral hazard is something to consider. If you want to help someone, give them a gift, make sure everyone knows that it is a gift with no strings attached, and move on. That's charity and it's a great thing. If a medical emergency pops up and he's poor the government already provides the safety net we're all paying for. of course setting something like you suggest up creates expectations. That's why welfare programs are universally detrimental to the individual. \"\"Why work when someone else is going to give me money every month?\"\" That's basic human nature.\""}
{"_id": "392649", "title": "", "text": "So why not talk to your employer, and ask them to pay you in gold dust? Then when tax time comes, just convert some gold dust into the amount of USD in taxes you owe.   Of course, you'd have to find farmers and shoemakers and electronic stores willing to accept payment in gold dust as well..."}
{"_id": "392660", "title": "", "text": "You currently have 5400\u20ac between you and 2600\u20ac expenses leaving you 2800\u20ac. You currently keep 1900\u20ac and she keeps 900\u20ac at the end of each month splitting 68/32. If you marry and have a child, your combined income will go down to 4900\u20ac while your expenses will increase by 300\u20ac to 2900\u20ac leaving 2000\u20ac. You could continue to split 68/32 leaving you 1360\u20ac and her 640\u20ac. If you use this split you will lose 540\u20ac and she will lose 260\u20ac. That's a 28% loss for you and a 28% loss for her from your end of month take home. So far it sounds reasonably fair. What about the future? For each raise, the person getting the raise keeps 66% of their raises. If you get the majority of the raises, you keep the majority of the benefit, but both benefit from the increase. Any future increases in expenses can be split as negotiated based on who benefits from those increases. That's basically what you are doing now considering that adding a child will cost a lot of her time, not just your money."}
{"_id": "392671", "title": "", "text": "I was born in '63 and I have not had it so good.   The 80s and early 90s were good. They hired anybody with a pulse back then.  The late 90s and 2000s were horrible. I could not find anyone who wanted to give me a chance and I did the most soul-crushing, low paying things to keep feeding myself and stay out of debt.  I finally found something decent--pay is not great but the work is professional--and worked my hiney off the first two years until somebody noticed. Then I got a promotion.   I will be doing this work and working hard at it, until the day I drop dead and I'm damned grateful for it! Although I am maybe several hundred K behind in total earnings compared to the folks 10 or more years older.  Don't hate all of us. We didn't all make them mess and a lot of us suffered from it, too."}
{"_id": "392681", "title": "", "text": "After all the NSA debacuhery on our privacy, I have gotten extremely paranoid about what I put onto my system. While ICQ does certainly bring back memories, I am not about to install yet another messenger on my iPhone without having some privacy assurances.  Redphone on Android and Signal on iPhone seem to be a better choice. Sure, at this point it is voice only, but text will be coming this year."}
{"_id": "392682", "title": "", "text": "I don't follow Bitcoin but that seems like a really good service to offer to businesses. It protects their money and it nets out a commission (presumably) on each transaction. Plus, it helps create more acceptance of Bitcoin as a currency which leads to more transactions. Brilliant really."}
{"_id": "392723", "title": "", "text": "\"&gt; itional home console manufacturer in the next 10 or so years. I think there will still be the \"\"Xbox\"\" but it's going to be a much different system than what's currently offered. Either with a more PC-like interface or eventual Xbox service integration on all Windows computers.  Great point!\""}
{"_id": "392724", "title": "", "text": "Considering I know people who don't give a rats ass about football but watch the Super Bowl for the halftime show, the commercials and the score, the NFL should be shelling out a big piece of those tickets to the performers and give away free ad time."}
{"_id": "392736", "title": "", "text": "\"Whoa whoa whoa, let's not twist that data and make an assertion that it doesn't support. Yes, medical inflation has outpaced the CPI for ages, *but* when you disaggregate spending into Medicare (US single-payer) and private insurers, [Medicare is able to better contain costs](http://content.healthaffairs.org/content/22/2/230.full) (my hypothesis: likely due to its ability to leverage its scale and keep costs low, while private insurers are fragmented against strong provider networks).   But wait! you're thinking: shouldn't market forces keep insurance outlays low? It's Econ 101, right? Theoretically they should, but this ignores the industrial structure of healthcare providers and assumes perfect competition that doesn't exist. Typically, providers (doctors groups, hospitals, etc) are [highly localized and able to exercise significant market power in a community](http://content.healthaffairs.org/content/23/2/8.full) relative to several insurance plans who are competing to contract that provider \"\"in-network.\"\" For example, when Aetna, Cigna, and BCBS go up against, hypothetically, Cedars-Sinai to negotiate payment rates, Cedars has the ability to obtain high reimbursement rates because the three insurers have to have that provider in-network to remain competitive. Ironically, the less competition on the insurer side in that market, the better reimbursement rates would be observed since the sole insurer would capture a large fraction of patients in the geographic area served and could use that volume to negotiate better rates.  Finally, there's the overhead issue. Medicare has lower overhead expenses than private insurers do (again, my guess: greater economies of scale and lower advertising and marketing costs, coupled with no profit motive). [Even health insureres themselves agree (.pdf warning)](http://www.cahi.org/cahi_contents/resources/pdf/CAHI_Medicare_Admin_Final_Publication.pdf) that Medicare has lower overhead costs, and that includes some questionable addition of what the authors claim are hidden Medicare expenses.  I'm inclined to believe that a single-payer is probably more efficient and cheaper than a fragmented private insurance market. That said, I also find some sympathy to the argument that maintaining a robust private insurance market may spur innovation on payor innovation (e.g., increased participation in wellness programs for enrollees, or increasing the likelihood that patients be more sensitive to costs and benefits when seeking care). After all, countries like Germany and Switzerland are able to maintain a private insurance market while ensuring nearly universal coverage. Either way, though, arguing that health inflation alone makes single payer systems \"\"mathematicaly unsustainable\"\" isn't a strong argument, since private insurers are currently doing **worse** on cost containment.\""}
{"_id": "392741", "title": "", "text": "\"Someone's (or, a bank's) \"\"exposure to equities\"\" refers to the amount of value which has a risk that fluctuates with the equities market (ie: the stock market). In very broad terms, I think it might make sense to say that exposure to equities could mean, for example, owning many rental properties, if the rental market was \"\"highly correlated\"\" with the equities market. That is - if house prices go down when the equities market goes down, and if that relationship is very strong, then owning a house means you are exposed to the equities market.  However, in the sense it is used there, it seems to mean direct exposure to equities - ie: owning stocks and stock-based funds.\""}
{"_id": "392752", "title": "", "text": "\"Why? Simply: because it has been mandated as law, and so you may have no choice in the matter whether to contribute or not. Quoting from GOV.UK \u2013 Workplace pensions: \u2018Automatic enrolment\u2019  A new law means that every employer must automatically enrol workers   into a workplace pension scheme if they: Next: even if you think you will work \"\"until you die\"\", you can still access the money saved in the pension scheme when you attain the required minimum age for withdrawals under your scheme. For instance, that may be age 55, but it may also vary by scheme. Becoming fully retired \u2014 as in stopping all work \u2014 is not a requirement to access retirement income from your pension scheme. In the eyes of a pension scheme, retirement is typically when you elect to take your income benefits according to the established rules of the scheme. Quoting from nidirect \u2013 Working past State Pension age: Continuing in work and your workplace pension  If you reached the age at which you can start claiming your workplace   pension scheme, you don't need to stop work in order to claim. You have   a number of options, including taking some of the pension you've built   up while continuing to work for the same employer. As to why things are set up this way: While some younger folk may, today, expect to continue working until death, for a variety of reasons that isn't always possible. Two typical such reasons are: disability, and involuntary unemployment (i.e. willing and able but still can't land the next job). Moreover, plans change. Young workers with health and vitality may expect they'll always feel invincible, but end up learning otherwise over time, and may come to appreciate the savings that were forced upon them. The \"\"forced savings\"\" aspect of state and state-sponsored pension schemes are meant to provide some safety net for those later years when it is a strong possibility that one can't continue to work. The alternative is to be a 100% burden on family and/or society.\""}
{"_id": "392789", "title": "", "text": "Value investing is just an investment strategy, it's an alternative to technical investing. Buffet made money picking stocks.  It's not obvious how that adds value, but it does. Everything about the stock market is ultimately about IPOs. Without active trading, of stocks after issue, no one would buy at the IPO.  The purpose of an IPO is to finance the long-term growth of a business, which is the point in the process where the value to the people gets created.  There is a group of elites that needs to be dealt with, you're correct, but I worry that your definition of this group is overly broad."}
{"_id": "392794", "title": "", "text": "\"I was rooting for the cancer. If you can't figure out by 30 that basic decency not only is intrinsically good, but is also in your own self interest you don't deserve the basic respect of others.  Shitty humans do more damage to the planet on a day to day basis than any \"\"genius\"\" does good.   This stupid prick took an existing technology, dumbed it down to attract the stupid, and prettied it up to attract the narcissistic.  You venn diagram the stupid and the narcissists on this planet and you'll see how it wasn't rocket science.\""}
{"_id": "392806", "title": "", "text": "One important answer is still missing: governments may not be able to do print money because of international agreements. This is in fact a very important reason: it applies to the entire Eurozone.  (I admit that many Eurozone countries also not allowed to borrow as much as they do now, but somehow that's considered a far lesser sin)."}
{"_id": "392818", "title": "", "text": "Wow - just noticed you talked to a posting bot all week. Congrats for being such an idiot you will keep replying to a bot :)  I set it to post to any replies to this thread to see how long you'd play, and just noticed you were still playing. Hahaha :)  Guess you didn't notice the replies were all the same?  Later moron."}
{"_id": "392824", "title": "", "text": "What about people who's products aren't bought?  People who get paid to make money out of thin air.    And what happens when those people make enough money to buy legislation that benefits themselves while hurting people who actually do make stuff for a living?  And what happens when those people's activities cause the world economy to come crashing down?  And what happens when those people's losses are involuntarily insured by people who had nothing to do with the problem in the first place?  This isn't as simple as not buying an iPad because you think Apple charges too much."}
{"_id": "392826", "title": "", "text": "It doesn't matter which way you use.  As long as your comfortable with the overall level of risk/reward in your portfolio, that's what matters.  (Though I will say that there are more investment vehicles than stocks, bonds, and cash that are worth considering.)"}
{"_id": "392851", "title": "", "text": "So for quarters So, if Q1's value was 10 and Q2's value was 25 For closing or opening prices, I would use closing prices.  For instance, some used Adjusted Close or Close on Yahoo Finance (see this example of AAPL). Added Note: In your example, for your example, you'll want to take the absolute value of the denominator (aka: divisor), so an Excel formula might look like the below example ... ... where the new and old are cells."}
{"_id": "392852", "title": "", "text": "\"A TFSA is a tax free savings account.  It is a type of account where you can buy various investments like stocks, bonds, or funds (mutual, exchange traded, and money market).  There are some other options but it's best to see what your bank or broker will allow. You probably specified the type of investment when you opened the account.  You can look at your statements or maybe online to see what you're invested in.  My guess is some kind of HISA (high interest savings account).  This is kind of the default option for banks. The government created these accounts for a variety of reasons.  The main stated reason was to encourage people to save.   Obviously they also do things to get votes.  There was an outcry after the change to a type of investment called \"\"investment trusts\"\".  This could be seen as a consolation prize.  These can be valuable to seniors for many reasons and they tend to vote more often.  There was also an election promise to eliminate capital gains taxes in some fashion. It's not profitable for the government, in fact it supposedly cost the federal government $410 million in 2013.  Banks make money by investing your deposit or by charging fees. You can see what every tax break 'costs' the government in lost revenue here http://www.fin.gc.ca/taxexp-depfisc/2013/taxexp1301-eng.asp#toc7\""}
{"_id": "392858", "title": "", "text": "I used to assume that but now I have price check most things elsewhere.   Also, the labeling/pricing practices of sellers have gotten out of control.   I recently bought tea on amazon and I'm not joking when I say that the exact same products would be listed at vastly different prices from different sellers - in one case, at the same time, the same item was priced at $6, $8, $23 and $29 from different sellers. You may think (as I first did) that the differences are due to size, quantity, shipping, or slight feature differences - nope.   There's no unit standardization, so it's hard to compare the prices of the same product from different sellers.   IDK why amazon allows that crap. It can't make much money relative to the costs of teaching users that they have to doublecheck everything on amazon."}
{"_id": "392872", "title": "", "text": "Sprachschule Nihao is one of the best Chinese language learning school in Zurich. Over the years, we have built up a reputation for high quality teaching. We have a team of dedicated teachers having 10+ years of experience in teaching Chinese in Europe. For more info about HSK and other related courses feel free to contact us."}
{"_id": "392876", "title": "", "text": "The situation you're proposing is an over-simplification that wouldn't occur in practice. Orders occur in a sequence over time. Time is an important part of the order matching process. Orders are not processed in parallel; otherwise, the problem of fairness, already heavily regulated, would become even more complex. First, crossed and locked markets are forbidden by regulators.  Crossed orders are where one exchange has a higher bid than another's ask, or a lower ask than another's bid.  A locked market is where a bid on one exchange is equal to the ask on another.  HFTs would be able to make these markets because of the gap between exchange fees. Since these are forbidden, and handling orders in parallel would ensure that a crossed or locked market would occur, orders are serialized (queued up), processed in order of price-time priority. So, the first to cross the market will be filled with the best oldest opposing order. Regulators believe crossed or locked markets are unfair.  They would however eliminate the bid ask spread for many large securities thus the bid-ask cost to the holder."}
{"_id": "392881", "title": "", "text": "This is more an /r/personalfinance question, but I'll give my 2 cents. No matter what, the fund you invest in is going to be subject to risk, so you could end up losing money. It would definitely be a gamble.   If you have other debt at higher APR than the loan, it could be beneficial to pay that off using extra loan proceeds."}
{"_id": "392885", "title": "", "text": "\"20-year Treasury Bonds are not equivalent to cash, not even close.  Even though the bonds are backed by the full faith and credit of the U.S. Government, they are long-term debt and therefore their principal value will fluctuate considerably as market interest rates change. When interest rates rise, the market value of 20-year bonds will drop, and drop more than shorter-term bonds would.  Your principal is not protected in the short term.  Principal is only guaranteed returned at the 20-year maturity of those bonds.  But, oops, there is no maturity on the 20-year bond ETFs because every year the ETF rolls the 19-year positions into new 20-year positions! ;-) For an \"\"equivalent to cash\"\" piece of a portfolio, I'd want my principal to be intact over the short term, and continually reinvested at the higher short-term rates as rates are rising.  Reinvesting at short-term rates can be an inflation-hedge.  But, money locked in for 20-years is a sitting duck for inflation. Still, inflation aside, why do we want our \"\"equivalent to cash\"\" position to be relatively liquid and principal-protected? When it comes time to rebalance your portfolio after disastrous equity and/or bond returns, you've got in your cash component some excess weighting since it was unaffected by the disastrous performance. That excess cash is ready to be deployed to purchase equities and/or bonds at the lower current prices.  Rebalancing from cash can add a bonus to your returns and smooth volatility.  If you have no cash component and only equities and bonds, you have no money to deploy when both equities and bonds are depressed.  You didn't keep any powder dry.  And, BTW, I would personally keep a bit more than 3% of my powder dry. Consider a short-term cash deposit or good money-market fund for your \"\"equivalent to cash\"\" position.\""}
{"_id": "392887", "title": "", "text": "I suppose they still could risk hyperinflation? Anyways, if they got their own currency that would probably be positive for their exports. Still, what are they going to export? Buying any raw materials would be super expensive with their devalued currency. What is your thought about their exporting with devalued currency?"}
{"_id": "392894", "title": "", "text": "You can probably roll it over into the new company's 401k too, so just talk to your HR rep there.  I set up a separate Vangard IRA so when I changejobs or anything, I just dump my investments into that account and don't have to worry about keep track of them all over the place."}
{"_id": "392895", "title": "", "text": "First, you need to understand how modern insurance companies operate. On the front end, they write contracts with customers, collecting up front premiums, and promising to pay out to cover future losses. Efficient premiums cover exactly what's paid out; if you charge too much customers leave for competition, and if you charge too little the company goes under, or at least loses money. Large armies of people are employed to accurately guess future risks, hopefully to the point of certainty you have in human mortality.  So over time, they will pay back those premiums. And there's a constant stream of new premiums coming in to replace money going out. So there's this effective pool of money they can use to buffer against large losses with; it's called float. And when the pool of money remains relatively constant, they can invest it longer term than the people who comprise the underlying risk. Large insurance companies like Berkshire Hathaway function in this manner; it's where Warren Buffet finds capital to invest while hiding from Wall St in Nebraska. The way these companies profit is by making sure the equation works:  Profits = Premiums - Payouts + Return on float Payouts could be just payments for insured risk. But they could also be for the whole life insurance you're running across from time to time. These contracts offer the insured the chance to invest their money with the people who invest the float. And as long as the return on float is greater than the return they're offering, it's still profitable for the company. Since this guarantees suboptimal returns for you, it's usually a good idea to buy term insurance (much cheaper) and invest the difference yourself."}
{"_id": "392900", "title": "", "text": "Developing content, in an age where there are an estimated 3.5 billion searches made on Google every day, can be challenging. Increasingly studies point that visitors spend an approximate 15 seconds on an internet page; this much less for micro-blogging sites. So, what can be done to keep your audience\u2019s attention and write content that deserves such attention? If you\u2019re planning to do your own content instead of hiring an online marketing agency in India."}
{"_id": "392909", "title": "", "text": "\"I think at this point you and the other person who seems to ask this question in multiple permutations needs to talk to a local expert rather than continuing to ask the same questions with slight fact variations.  This all happened when you were 9.  If you think there was foul play involved, at the minimum it will be difficult to prove 16 years on. Somehow I doubt there are 2 people on Toronto whose parents bought them whole life insurance policies in 2000 asking the same questions at the same time. If you don't want the coverage or you think the whole thing was a mistake, cash the policy out.  According to the other question about this policy there's nearly $7,000 of cash value there.  Just take the money out and move on with your life.  Unless you're willing to sue your \"\"mentally ill\"\" mother over the $1,500 net loss ($530 premium times 16 years minus $7,000 cash value) I'm not sure what recourse or advice you're looking for.  And even that assumes she's paying the premium with your money. Separately, if your mother is the owner of the policy and paying with her money I'm not sure why this involves you at all.  Parents buy life insurance on their children all the time.\""}
{"_id": "392911", "title": "", "text": "Never ever use a giant monster mega bank for home loans.  I am sure you probably didn't and they bought your loan from someone else.  You have no legal options.  What you should do Is look at getting a new loan maybe a 15 year loan.  Your payment might be the same with no PMI. I would check with a relator to see what they think your home is worth.  Also if you have any money you can always pay extra to the principle and get yourself to 20% based on the next appraisal.   You might have a legal option regarding what they say you need in value 350k is what it should appraise to for you to get rid of pmi when you owe 280k Remember Citibank is a publicly traded company and their goal is to make more money. The CEO has a fiduciary relationship with stock holders not customers.  They seriously have board meetings to figure out what charges they can invent to screw their customers and make shitloads of money.  There is no incentive for them to let you get out of your PMI."}
{"_id": "392924", "title": "", "text": "\"First of all, you need to stop using the card completely. Yes, that means you lose out on cash back, double miles, whatever, but that's how you got to this mess in the first place.  Switch to a cash budget until you can consistently spend less than you bring home.  Keep better track of your expenses, build an emergency fund, and learn to save for expenses rather than borrow for them until you have your spending under control.  If you can't cut your expenses any more, consider ways to increase your income (more hours at work, part-time jobs, sell stuff, etc.) Assuming that the employer match is 1-to-1 up to 4%, and you're saving an additional 7 percent to get to 15% total, I would definitely lower your contribution down to 4%, get the card paid off, and ONLY bump your contribution back up once you can safely pay off the card each month and know how much you can contribute.   It is not wise to put 15% in retirement if that causes you to spend more than your net take-home pay.  Your \"\"13%\"\" in your Roth is not guaranteed by any means, but the interest you pay on your credit card is. I would even be tempted to cut your retirement completely until the debt is paid, but more for motivational reasons that mathematical: I would be more concerned about living within your income at this point than getting a company match.  I believe the benefits of spending wisely will outweigh a temporary loss in matched retirement funds in the long run.\""}
{"_id": "392926", "title": "", "text": "&gt; You could raise the tax rates to 99% and still collect less tax revenue than if they are at a reasonable rate.  It is funny how Republicans insist raising taxes produces no more revenue and then insist lowering taxes saves people money."}
{"_id": "392935", "title": "", "text": "Obat Ambeien Untuk Anak \u00bb Apakah anak anda sedang di derita penyakit wasir atau ambeien ? Jangan sampai anda membiarkannya begitu saja, jika tidak ingin penyakit wasir itu membahayakan buah hati anda. Kami sebagai agen obat herbal secara online disini akan memberikan solusi cara mengobati ambeien pada anak paling mujarab tanpa efek samping yaitu dengan mengkonsumsi obat herbal Jelly Gamat Gold-G."}
{"_id": "392936", "title": "", "text": "If you get an INR 1000 discount for paying up front versus paying over six months, you can consider that INR 1000 interest. Your annualized rate comes out to about 14.76%. If you can earn better than 14.76% on that money by using it elsewhere in the mean time, then you should pay over six months. If not, you should pay the whole price up front. You may also elect to pay the interest if you do not have the full amount now, but the use of the phone for the next six months will earn you more than the INR 1000 premium that you pay to defer the full purchase price."}
{"_id": "392949", "title": "", "text": "\"Why would it being private be necessarily evil? And it is for profit, but it's not a business trying to maximize profits. It is trying to keep the banking system stable (among other uses), and a stable banking system benefits us all. Finally, the Fed is made of many branches, and they fight over policy, so it is not some monolithic entity trying to screw people. And it's private because history has shown giving politicians the power the Fed has turns out badly for economies, which is why most economies now structure ther central banking along similar lines.   I actually started learning after reading \"\"The Creature from Jekyll Island\"\" which paint the Fed as a monster designed to rape the populace, and I was so outraged I wanted to help fight it. As I read through it's documents, read economic theory to understand, and read through historical boom and bust cycles, I learned that the Jekyll Island types vastly ignore large components of history and economics.   The way I think of that book now is: if I only told you the cases where airbags killed poeple, you'd think airbags are horrible and should be banned, and I could list many details all of which could be true. But I'm ignoring many other needed facts. Without careful weighing of both sides including all data can you find that airbags are actually a very good thing, with some bad cases. The Fed to me is the same.\""}
{"_id": "392960", "title": "", "text": "The Federal Reserve Bank of Atlanta's widely followed GDP Now expects the second-quarter growth figure to come in at 3 percent  --8 years and Obama never had a 3% growth year, but this is REALLY bad news..."}
{"_id": "392970", "title": "", "text": "Banks and lenders have become a bit more conservative since the housing crisis. 80% is a typical limit. The reason is to minimize the lender's risk if declining property values would put the borrower upside-down on the loan. http://www.bankrate.com/finance/home-equity/how-much-equity-can-you-cash-out-of-home.aspx"}
{"_id": "392979", "title": "", "text": "\"From one millionaire to another, perhaps I can allay your fears.  I am still long and continue to invest.  &gt;Trade wars  Won't happen.  Trump listens very carefully to the business community and they all tell him it's political and financial suicide.  Remember how fast Trump backed off the NAFTA termination when the business community told him how many billions of dollars would be destroyed and tens of thousands of jobs lost?  NAFTA is no TPP.  NAFTA was in force and the positive benefits already quantified with real dollars.  Trump was able to pull out from TPP because it was never in force so there was nobody howling about job losses.  Had TPP been in force and the huge positive economic benefits been realized, Trump would not have pulled out.  &gt;exorbitant rent  Correctable government policy failures around housing development.  There is plenty of affordable housing (and land for expansion) available in the fast growing cities in TX and elsewhere.  Protip - that's why they are fast growing.  Businesses need affordable land and workspaces too.  &gt;tuition debt  Overblown.  Boomers are leaving the job market en masse and being replaced with a highly educated generation.  The average college debt load is something like $35K which is totally manageable for the vast majority of graduates.  [The typical student loan burden is around the same amount as the average car purchase in the US.](http://mediaroom.kbb.com/2017-02-01-New-Car-Transaction-Prices-Remain-High-Up-More-Than-3-Percent-Year-Over-Year-In-January-2017-According-To-Kelley-Blue-Book)  &gt;unaffordable health care  Fixable.  Once Obamacare is eliminated and replaced with a more market-oriented system we should see costs come down.  It's absolute insanity that people are forced to pay for insurance riders on stuff they will never use, effectively lighting money on fire.  Policies will get stripped down to essentials and serve customers much better.  High risk / chronic patients will go into government programs where they belong, and the vast majority of the healthy people left will see bills fall.  &gt;massive government debt  [High, but not really a problem.](https://fred.stlouisfed.org/series/GFDEGDQ188S)  Debt to GDP is perfectly fine and manageable where it is, and the government has the power to write Treasurys and sell them to willing buyers to finance spending.  The dollar is the reserve currency of the world and will be for decades to come.  The Euro has no chance and the international community doesn't trust China to manage the yuan well.  &gt;wealth inequality that's going to explode under Trump  Wealth inequality is irrelevant to market returns.  Absolutely 100% irrelevant.  Financial returns are generated where opportunities exist to make a financial return, not where wealth inequality is highest or lowest.  However, to challenge your view, consider that some of the best returns in the last 10-20 years have come from emerging markets like the BRICs, which have the highest wealth inequality.  &gt;automation  That's what was said about the cotton gin, the car, the steel mill, the train, the telephone, the internet.  Wrong every time, and will continue to be wrong in the future.  It's pretty arrogant to think that somehow things will be \"\"different this time.\"\"  Human capacity for innovation is ridiculous.  [You're arguing against a very strong and accelerating trend.](https://fred.stlouisfed.org/series/GDP)  &gt;globalization  Excellent for stock market returns, in case you haven't noticed.  &gt;isolationism  Terrible for stock market returns, I agree.  But see my point above about NAFTA.  Trump actually listens to businesses as opposed to Obama.  He will tread very carefully here.  &gt;stock market bubble  There is no evidence of a stock market bubble.  Trump is talking about reducing corporate taxes from 35% down to a much lower rate like 20%.  That immediately increases the value of stocks, boosts economic activity, boosts economic competitiveness, and reduces drag on the economy.  Even better, as small/medium sized businesses pay much closer to 35%, lowering the tax helps small/medium sizes businesses the most.  That's why small caps are spanking large caps right now.  Just a note - the stock market is up around 20% since the election, pretty close to the amount the corporate tax rate is slated to drop.  It's critical this tax cut get done to support current valuations.  I believe it will as it's long overdue.  &gt;housing market bubble  There is no bubble, there is lack of supply.  Skyrocketing rents as you mentioned above is the opposite of a housing market bubble.  It's the symptom of a severe housing market shortage.  House building needs to increase dramatically and it will in areas that reduce regulations.  &gt;lack of real banking reform  Dodd-Frank and other regulations are on the chopping block, which will help.  Reforms are coming.  Large banks are shielded from real competition by all these laws.  I'd like to see more \"\"startup banks\"\" competing.  &gt;record household debt  [Nope, not even close.](https://fred.stlouisfed.org/series/FODSP)  Households have deleveraged since the financial crisis and are in better shape than they've been in a few decades.  &gt;Republicans controlling all three branches of government  AKA, there's a high chance that taxes and regulations will be reduced, which is good for economic growth.\""}
{"_id": "392980", "title": "", "text": "\"Your plan as proposed will not work, because it goes against how banks make money. Banks make money in two ways:  (1) Fees [including account fees, investment advice fees, mortgage application fees, etc.]; and (2) Interest Rate Spread. They borrow money for x%, and they lend it out for x+y%. In a simple form, someone gives the bank a deposit, and earns 1%. The bank turns around to the next person in line and loans the money to them for 4%. You are asking them to turn the interest rate spread into a cost instead of their main source of profit: You are asking the bank to borrow money from another person paying them 1.2% interest, and then loan the money to you, paying you 0.6% interest and keeping 0.6% for themselves. The bank would lose money doing this. Technically yes, you can borrow from a bank and invest it in something earning above the 4% interest they will charge you. You can then pay the bank's interest off of your earnings, and make some profit for yourself. BUT this carries an inherent risk: If your investment loses money, you still owe the bank, effectively increasing the negative impact of your investment. This tactic is called \"\"Leveraging\"\"; you can look it up on this site or on google. It is not something you should do if you do not fully understand the risks you are taking on. Given that you are asking this question, I would suggest tactfully that you are not yet well informed enough to make this sort of investment. You run serious risk of losing everything if you over-leverage (assuming the banks will even lend you money in the first place).\""}
{"_id": "393002", "title": "", "text": "Easy answer -- pay down your debt.  Why easy? Because you can't afford the house. The other posters mentioned it; I'll tackle it too: Your $1445/month mortgage payment estimation is just that - mortgage only. Why haven't you  included home insurance or taxes? According to that last graphic, those are $1930 and $1910 per year. That adds $320 to your monthly cost. $1445 + $320 = $1765/month. More than what you're paying in rent, and you say you have little enough left over after that.  And that's not counting CMHC insurance like Chris W. Rea mentioned, or maintenance, which is something renters always underestimate. I know I did.  And don't even get me started on the fact that the (currently super low) interest rate is fixed for only 5 years.  I know you really, really want to buy a house, and you really want to stay in that expensive area you live in. And you're trying hard to make the numbers work. But the fact is, you're setting yourself up for bankruptcy.  Realistically, you have these options: 1) stay in the area, forget buying for the foreseeable future, continue renting, pay down debt and then save for a proper down payment 2) stay in the area, but make a smaller, cheaper place work 3) move to a cheaper location 4) figure out how to make more money.  That's it. Sorry to be blunt; this is the reality."}
{"_id": "393009", "title": "", "text": "Waiting for the next economic downturn probably isn't the best plan at this point. While it could happen tomorrow, you may end up waiting a long time. If you would prefer not to think much about your investment and just let them grow then mutual funds are a really good option. Make sure you research them before you buy into any and make sure to diversify, as in buy into a lot of different mutual funds that cover different parts of the market. If you want to be more active in investing then start researching the market and stick to industries you have  very good understanding of. It's tough to invest in a market you know nothing about. I'd suggest putting at least some of that into a retirement savings account for long term growth. Make sure you look at both your short term and long term goals. Letting an investment mature from age 20 through to retirement will net you plenty of compound interest but don't forget about your short term goals like possible cars, houses and families. Do as much research as you can and you will be fine!"}
{"_id": "393011", "title": "", "text": "\"There are stocks that have held 100% of the exact same trend (bull or bear) on a date or date range for years. While  history of course doesn't guarantee that the trend will hold for the current year, that fact itself is distinct from the question of whether history is an *indicator* worth building a thesis off of.  The problem is if and when someone thinks \"\"indicator\"\" is equivalent to \"\"definitive answer\"\".   Answer 2: A dozen big algo traders have disproven this notion.  Answer 3: Price is not only price action itself. It's calendar, evens, binaries, cyclical psychology, etc.\""}
{"_id": "393031", "title": "", "text": "You may want to start a company for a few reasons, the main one would be liability, you don't want your friend to drop a weight on a foot and sue you for millions taking your house away. You'd need to pay taxes on the income, that's after you pay all your expenses, bills, mortgage interest, insurance premiums (!), equipment depreciation. So it's going to be a lot less than you collect from your friends. Whether you incorporate or not you have to pay taxes on your income. If it's $200/year IRS may not notice that, if it's $20K a month it would be very hard to hide. If you pay your friends more than some amount (check the laws) you'd need to tell IRS about it (issue 1099-misc), then your friends must pay taxes on that income."}
{"_id": "393064", "title": "", "text": "Thank you seventhpoet for voting on I\\_am\\_a\\_haiku\\_bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "393083", "title": "", "text": "Some ADRs have standardized options that trade on US exchanges.  If your stock/ADR is one of those, then you find the put option through most brokerages that deal with stock options and trade the option like you would on a regular stock.  If your ADR does not have standardized options, then your options will depend on where the ADR trades.  If it's OTC, you might not even be able to short it.  If it trades on a major exchange, the shorting the ADR may be a viable choice."}
{"_id": "393090", "title": "", "text": "would buying the stock of a REIT qualify as a 'Like-Kind' exchange? Short answer, no. Long answer, a 1031 (Starker) exchange only applies to real estate.  From the Wikipedia page on the topic: To qualify for Section 1031 of the Internal Revenue Code, the properties exchanged must be held for productive use in a trade or business, or for investment. Stocks, bonds, and other properties are listed as expressly excluded by Section 1031 of the Internal Revenue Code, although securitized properties are not excluded. A REIT, being stock in a real estate company, is excluded from Section 1031."}
{"_id": "393101", "title": "", "text": "\"There are a number of choices: I prefer Dilip's response \"\"Have you tried asking etrade?\"\" No offense, but questions about how a particular broker handles certain situations are best asked of the broker.  Last - one should never enter into any trade (especially options trades) without understanding the process in advance. I hope you are asking this before trading.\""}
{"_id": "393104", "title": "", "text": "\"If you were the friend of my daughter or some other \"\"trusted\"\" relationship, I would tell you to head on over to Bogleheads.org, follow their advice and do research there.  I would advise you to aim for about a 60/40 allocation.  They would advise you to make a very simple, do it yourself portfolio that could last a lifetime.  No need for financial planners or other vultures.    The other side of this curtailing your spending.  Although the amount seems like a bunch, you probably need to keep your spending under 41K per year out of this money.  If you have additional income such as from a job or social security payments then that could be on top of the 41k and never forget taxes.  To help manage that, you may want to consult a CPA, but only for tax advice, not investment advice.   Certainly you should make the credit card debt disappear.  You may want to reevaluate your current location if the costs are too high compared to your income. Good luck to you and sorry about the wreck.\""}
{"_id": "393130", "title": "", "text": "Whatever the supply of labor and demand for labor set.   If tomorrow suddenly the American economy took off, unemployment dropped to almost 0, Walmart would have to start raising wages in order to fill cashier slots. Does this mean that suddenly Walmart employees are giving more to Walmart? No, of course not, it just means the supply and demand of labor had radically changed."}
{"_id": "393132", "title": "", "text": "Internet and Game Zone provides computer services in Morrinsville town of Waikato. Our services include Photostat, printing, scanning, gaming, windows installation, virus removal, antivirus installation and much more. Visit our website to know more about us and the services provided by us."}
{"_id": "393134", "title": "", "text": "\"Consider the futures market. Traders buy and sell gold futures, but very few contracts, relatively speaking, result in delivery. The contracts are sold, and \"\"Open interest\"\" dwindles to near zero most months as the final date approaches. The seller buys back his short position, the buyer sells off his longs.  When I own a call, and am 'winning,' say the option that cost me $1 is now worth $2, I'd rather sell that option for even $1.95 than to buy 100 shares of a $148 stock. The punchline is that very few option buyers actually hope to own the stock in the end. Just like the futures, open interest falls as expiration approaches.\""}
{"_id": "393140", "title": "", "text": "Yes it is possible but with a caveat.  It is a pattern that can be observed in many lightly traded stocks that usually have a small market cap.  I am talking about a stock that trades less than 2,000 shares per day on average."}
{"_id": "393151", "title": "", "text": "I'm for basic income, and eliminating inequality is impossible, reducing is good. I just think choosing to put millions people out of job for an unknown time just to start a revolution/cause huge social changes is a little extreme and maybe even immoral.  I think a gradual process is much better."}
{"_id": "393152", "title": "", "text": "Well, these can range from loan broker to outright scams. It is pretty typical that loan broker just take some fee in the middle for their service of filling your applications for a bunch of real loan provider companies. Because making a web page costs nothing, a single loan broker could easily have many web pages with a bit different marketing so that they can get as many customers as possible. But of course some of the web pages can be actual scams. As soon as you provide enough information for taking out a loan, they can go to a real financial institution, take out the loan and run with the money. In most countries consumer protection laws do not apply to business-to-business transactions, so you have to be even more wary of scams than usual."}
{"_id": "393164", "title": "", "text": "Should I invest money in the pre-IPO stocks soon to be offered by the   company that I work for? Is it wise to do this? What should I be thinking about? What are the   risks? The last time I was offered pre-IPO friends and family stock, I purchased half of my allotment, and had my parents purchase the other half. Since I had a 6-month blackout period, I had to hold my portion. My parents sold their portion one day after the IPO. The price went up dramatically for about a day and a half, then dived continuously. My portion ended up being worthless. My parents made a few bucks. Good for them. Not a huge deal either way, since my cost was relatively low. If I had a chance to do it again, I'd give it all to friends or family instead of splitting it, and have them sell quickly if they realized a profit. You might be luckier than I was."}
{"_id": "393167", "title": "", "text": "\"He was promoting himself as the \"\"god of guns\"\" (meaning the NRA, people who own guns and people who wanted to buy guns would see Trump who would loosen gun control laws and other gun regulations as their savior), better than Obama even when the reality is the gun business is hurting because of Trump who didn't loosen gun control laws and other gun regulations.  Another promise he couldn't keep.\""}
{"_id": "393169", "title": "", "text": "I asked for some basic info about the projections and seem to be unable to get any. Stop making this a personal issue, my question is a simple question about economics. I am not interested in who you are or who I am, I am only interested in the economic theory. If you choose not to respond to my question, I won\u2019t be offended.  Sorry for any trouble."}
{"_id": "393178", "title": "", "text": "They are quite literally picking the taxi industry to be the winner and uber to be the loser. Uber provides more value to customers than traditional taxis and they have been successful because of it. Why should the government get to tell me I can't use an app to call a car to pick me up? It's utterly ridiculous."}
{"_id": "393184", "title": "", "text": "\"&gt; Soon, you will be able to choose poverty just by deciding to not getting enhanced.  Do the Amish live in poverty?  &gt; A lot of these arguments seem to be, \"\"Well, it might be better, therefore it *will* be better.\"\"  We cannot know what will work unless we explore the potential space of that which *might* work. Demanding perfect solutions before researching solutions is just retarded.  &gt; Right now genetic variability is what gives us long term viability. Will enhancements reduce both?  No. Genetic variability is *not* what gives us \"\"long term viability\"\". We actually are already losing that as it stands over time, just from globalization and the mathematical principle of reversion to the mean.  \"\"Will we all become super susceptible to the same disease?\"\" -- That's simply acetious. The entire point of 'enhancement' is that we find strategies for actually improving upon the innate qualities of human existence. The thing about technological solutions to problems is that they produce superior outcomes but require more technical knowledge to achieve. Sure, we might have new diseases -- software bugs, and so on -- but we'll also be more robustly tolerant against traditional diseases.   Also -- what exactly do you think all these enhanced people are going to be doing? Keeping things the same?   If the concern is about only the rich getting access to enhancements... consider how much more towards charity work an amplified-intellect would achieve over traditional intellect. And so on.  Early on, I'm sure that only \"\"the 1%\"\" will have access to anything resembling realistic improvements. But the thing about such a condition is that it's inherently oly metastable *at most*. Technologies improve over time and become cheaper, more stable. Let the richest and wealthiest be the ones who have the access to it when it's unstable/unreliable.  Once it becomes like owning a smartphone, *that* is when it'll spread to everyone.\""}
{"_id": "393187", "title": "", "text": "Still pretty difficult...  I have a computer science degree which is highly sought after and took a 37k$ job out of school. Most job postings I can apply to now are 60-75k$. Senior developers get paid 90-120k$ unless you suddenly become famous and people in SF want to hire you for 250k$  My bf graduated as a civil engineer and he would start at 55k$ and maybe make 90k$ with experience, but this profession tends to be ripe with 60-80 hour weeks too.  So much for degrees. A lot of it is selling yourself a ton and basically becoming your own sales person. It isn't easy at all, even with degrees."}
{"_id": "393204", "title": "", "text": "Your question seems to be premised on your personal understanding of economics, and asking that people present to you an explanation of business transactions that is consistent with your own personal worldview. But your premises are flawed, so an accurate answer should not accept them. The basics of trade is that something is worth more to one person than another; a wheat farmer has more wheat that they could possibly eat, and so it has no value other than what they can get by selling it, while an accountant will starve if they do not have any food and thus is willing to pay what the market demands. The two parties can both be better off by having a transaction. The other motivation for transactions is that parties may disagree as to what something is worth; even if one party will lose from the transaction, they may both believe they will profit."}
{"_id": "393206", "title": "", "text": "In the short term, this question is pretty simple: Are occasional use grid-scale natural gas plants economically viable compared to distributed gas generators?  Home solar is an amazingly good deal now. Economically, the question isn't whether it'll take over most home power generation, it's how fast that will happen.  Currently - at least where I live - the grid is still a good deal for backup power. If that changes, then people will stop using it.  You can get a gas generator to cover a normal sized home installed for ~$4000. In places with piped gas, the price for running the generator looks comparable to grid power per kWh.  So no, I wouldn't pay triple the price for grid power or buy a ton of extra storage. I'd get a natural gas generator and handle solar downtime locally."}
{"_id": "393211", "title": "", "text": "Just tell your bank where you're going so they don't lock your account, and then take your Visa, and take enough cash to survive if something happens to your Visa account (sometimes banks lock them anyways out of idiocy). I usually take about 600 bucks cash for a week excursion (enough for food and a shack, or a mansion if you're in Asia). I figure, I'm carrying my passport which is worth thousands to criminals abroad around my neck. Why worry about carrying a little cash. As far as the Visa goes, just make sure your bank doesn't charge enormous fees for currency conversion. As far as carrying the local currency goes. I don't recommend it. Just figure out the conversion rate, and you'll save about  5% of your money from fees converting to and from. If you're going to Russia, do convert your currency first."}
{"_id": "393249", "title": "", "text": "Considering the historical political instability of your nation, real property may have higher risk than normal.  In times of political strife, real estate plummets, precisely when the money's needed.  At worst, the property may be seized by the next government. Also, keeping the money within the country is even more risky because bank accounts are normally looted by either the entering gov't or exiting one. The safest long run strategy with the most potential for your family is to get the money out into various stable nations with good history of protecting foreign investors such as Switzerland, the United States, and Hong Kong. Once out, the highest expected return can be expected from internationally diversified equities; however, it should be known that the value will be very variant year to year."}
{"_id": "393272", "title": "", "text": "&gt;I'm not ignorant, you're just lazy.  Please post some actual research as I did please. Citing one example does not negate dozens of countries worth of research and hundreds of years of evidence. The lack of being able to tell the difference between well researched evidence and your opinions and anecdotes severly hampers your ability to understand this."}
{"_id": "393278", "title": "", "text": "A system comparing students to themselves a year ago is what I think would work best. Therefore you are graded based off the students you have, not the grade you are in.  This would mean if I was in 2nd grade and read at a 1st grade level then went to 3rd grade and read at a 4th grade level, then the teacher would receive higher marks. This would of course be averaged out throughout the class with outliers left off (because some students always get A's, and some... not so much).   Its not a perfect system, but its better than saying that the only performance indicators are not touching children and keeping your job long enough to get tenure"}
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{"_id": "393286", "title": "", "text": "\"Pardon the pun, but these are the \"\"fruits\"\" of the Jobsian \"\"reality distortion field\"\".  That, and the fact that being a \"\"desirable job\"\" (in the form of \"\"playing with gadgets\"\") there is an apparently endless supply of applicants...  So the law of supply &amp; demand applies to the wages. Probably the thing that is most surprising is the fact that Apple Store employees are somehow earning ABOVE the minimum wage.  Apple would probably have about the same supply/quality of people, no matter how low the wages were.\""}
{"_id": "393314", "title": "", "text": "\"It says that you are exempt \"\"as long as such interest income is not effectively connected with a United States trade or business\"\". So the interest is from money earned from doing business with/through AirBnb, a US company. So you will have to report it. Even if your bank doesn't send you a 1099-INT, you have to report it, unless it is under $0.49 because the IRS allows rounding.\""}
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{"_id": "393334", "title": "", "text": "In the U.S., there are laws that protect both employees and employers. Ask for proof of overpayment, and time to respond. If you feel you have a case, consult a lawyer that specializes in wage disputes. Otherwise, let them have their money, out of your last check if necessary. You don't want to have to go to court if you really do owe them. If you tell them a lawyer has accepted your case based on evidence, they may choose to settle out of court to avoid public embarrassment and legal fees, since, if you win, they also have to pay your court fees and legal fees, plus possible punitive damages. Conversely, if you go to court, but you owe them, you'll be subject to pay back what you owe plus their legal fees, which will be far more than you intend to pay them, or even what you'd get if you won. Losing would cost you dearly. Nobody can tell you what the outcome of your specific case will be, but unless the sum is significant, I would recommend that you accept the losses and walk away. While I know this can be hard, as someone who also lives the middle class paycheck-to-paycheck life, you probably can't afford to lose, and your company has expensive lawyers. Losing a few thousand dollars is easier than losing tens of thousands (or more) in a court battle. You can always seek assistance, such as unemployment, welfare, utility assistance, and other government programs to get back on your feet. If you owe them more than you can actually repay, try to negotiate. You want to stay out of court if at all practical. Their lawyers run hundreds of dollars per hour, so if they choose to, they can bury you financially if they have a case."}
{"_id": "393337", "title": "", "text": "\"I realize I'm drudging up a somewhat old post here (apologies), but I've found myself in a similar situation recently and thought I would chime in. I was considering buying a car where the loan amount would be right around 25k. I tried justifying this by saying it's ridiculously fast (I'm young and stupid, this is appealing), has AWD (nice for Colorado), and a hatchback with plenty of room for snowboards and whatnot in back. This is in comparison to my Civic which has high mileage, can hardly make it up hills due to the high altitude, sucks in snow, and has little room for anything. You have your reasons, I have mine. The thing is, our reasons are just us trying to rationalize an unwise purchase - just admit it, you know it's true. Just so you can see I'm in a similar financial situation, I'm 22, just graduated, and started a job making well over 80k with salary and signing bonus, plus 20k in RSUs on the side. After budgeting I can still put away over 2k/month after I've factored in a car payment, insurance, rent, etc etc. Yes, I could \"\"afford\"\" this car... it's just dumb though dude. Don't do it. There are better things we can do with our money. And guess what, I've been drooling over this car since middle school too.\""}
{"_id": "393354", "title": "", "text": "It's fine - if you are an employee, you will normally have all taxes deducted by the employer, and won't even need to complete a tax return. Even if you do, all the figures will be on the P60 you get at the end of the year. If that's your only income, it's pretty easy to do. Remember, your taxes and your girlfriends are totally separate. It also doesnt matter where the money goes - you could be paid in cash or into any account, it's the fact that you earn it makes it taxable."}
{"_id": "393355", "title": "", "text": "This article is 100% incorrect. The governments main concern is to PREVENT depositors and tax payers from losing funds in the case of bank default.  How?  By having debt holders being forced to converted into equity to create a capital buffer to keep a bank solvent which will help protect depositors and prevent tax payers from having to bail the banks out.  Please ask me more questions on this as I have done a lot of work on this topic as of late."}
{"_id": "393356", "title": "", "text": "I'm not a seller, but I see this as good for those who are selling bad items, but also a big opportunity for scammers. I wonder what is the limits on it, I hope they have an abuse system in place."}
{"_id": "393361", "title": "", "text": "\"If they really won't stop calling you, just waste their time. Usually the best thing I do to telemarketers (the ones that constantly call even through I've told them to stop) is to say \"\"oh yes, I'm interested I'll just get a pen\"\" - put them on hold and keep them on hold.  Do it every time they call and soon they'll get the idea that you're a waste of time.\""}
{"_id": "393394", "title": "", "text": "I had a question about this but it apparently wasn\u2019t formed in the right way as I got no explanations and only downvotes, so let me try again.  Given the massive amount of info you gave, I tried to go through and find the data I was asking for- data behind the projections of such a loss.  Perhaps since I\u2019m not a professional economist, It was not immediately apparent to me how to find the data behind the projections.   Would you mind demonstrating how any of these sources provide the data behind how such projections are made?  Or do you have any other advice as to how I could find an answer?"}
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{"_id": "393412", "title": "", "text": "\"Actually there is no law that makes insider trading illegal, except for actual company insiders (people working at the company). Insider trading as you describe is just a court precedent set in the 80s (I think it was the 80s) and it's based on the concept of \"\"fraud\"\", whereby you are misappropriating information that you should not have.  So no, insider trading isn't \"\"illegal\"\" in that sense, and the jury is out as to whether it's even bad or not for the markets. That doesn't mean I would recommend doing it or really anything even closely resembling it, since they're pretty aggressive about pursuing those cases.\""}
{"_id": "393418", "title": "", "text": "By buying the call option, you are getting the benefit of purchasing the underlying shares (that is, if the shares go up in value, you make money), but transferring the risk of the shares reducing in value. This is more apparent when you are using the option to offset an explicit risk that you hold. For example, if you have a short position, you are at unlimited risk of the position going up in value. You could decide you only want to take the risk that it might rise to $X. In that case, you could buy a call option with $X strike price. Then you have transferred the risk that the position goes over $X to the counterpart, since, even if the shares are trading at $X+$Y you can close out the short position by purchasing the shares at $X, while the option counterpart will lose $Y."}
{"_id": "393439", "title": "", "text": "Now assume these shares are vested, held for at least 1 year, and are   then sold for $5 each. Everything I've read implies that the grantee   now owes long-term capital gains taxes on the difference, which would   be 10k * ($5 - $1). No. That's exactly what the SO is NQ for. Read more on the differences between ISO and NQSO here. Now assume these shares are vested, held for at least 1 year, and are   then sold for $5 each. Everything I've read implies that the grantee   now owes long-term capital gains taxes on the difference, which would   be 10k * ($5 - $1). At this point you no longer have NQSO, you have RSU. If you filed 83(b) when  you exercised, then you pay capital gains tax when they vest. If you didn't - its ordinary income to you. NQSO is a red herring here since once exercised they no longer exist. If you didn't file 83(b), then when the stock vests the difference between the FMV at vest and the money you spent on it when exercising (if any) is considered wages and taxed as ordinary income (+FICA etc). From that point the RSU becomes a regular stock investment and the capital gains clock starts ticking."}
{"_id": "393458", "title": "", "text": "\"&gt; I've been working with blockchain implementation since before you became an armchair investor.  Really what implementation? Let's see it! You have anything to show for the bullshit you're babbling? I've been involved with Bitcoin since 2011.What bitcoin implementation do you program from?  &gt;bitcoin's incentive is the mother of all pyrimid schemes  Yet another person that doesn't even understand what a pyramid scheme is. Google a pyramid scheme.  &gt; The security comes from the immutability of the chain that is generated which is what everyone subscribed to the chain gains  And you're proposing that this security is to be handled by some host of nodes on an internal network? Kinda like ..... a database with rolling backups ? lets walk through your example...  &gt;a company has several partners who it coordinates exchange rates with  exchange rates for what? currency? They set the value and they want to share that with their partners? So like they're in a trading group and they're agreeing to sell shares at a specific rate? I don't really get this thus far.   Your partners trust each other not to trade at differing values right?   &gt; no amount of hacking a centralized system could change the confirmed blocks,  Unless he hacked the central node which other nodes subscribe to and surreptitiously modified future values  &gt; in the fact that bitcoin HAD no value except as a currency before people started hacking contracts and the like into it.  I LOVE how you use the term \"\"fact\"\" for something that is provably incorrect. Bitcoin had already hit a value of ~$250 before \"\"people started hacking contracts and the like into it\"\".... They're not even the same protocol.   can you give me an **ACTUAL** example of a functional permissioned/private ledger that *needs* a blockchain?\""}
{"_id": "393462", "title": "", "text": "I fully believe that in 10-15 years the trades will be making as much money as doctors and lawyers with the added benefit of not having student loans.  And a lot of people are going to be living with broken stuff until their turn on the waiting list."}
{"_id": "393464", "title": "", "text": "\"&gt;\"\"Those measures all reflect a new way of measuring VaR though, one that switches the model from a four-year look to just one year, removing the rocky years of 2008 and 2009 from the current measure\"\"  VAR is a measure of how much money can be lost in a given time period within certain constraints. For most banks it is the maximum that can be lost within day in a 99% confidence interval. So in layman terms on average only 1 in 100 days will more money be lost than the VAR.   VAR is calculated using historical data. It uses the historical data to build up a profile of scenarios and probability of occurrence. Armed with the knowledge of how much is lost in each of these scenarios and the probability of it occurring a VAR can be estimated. MS have essentially stopped including the last 4 years since they are far more volatile and are only including the last year since it has been relatively calm. It is essentially cheating. It is choosing the data to fit your needs and is statistical heresy.\""}
{"_id": "393465", "title": "", "text": "The article reads like a piece from a lobbyist of the taxi industry. This article made me realize the opposite of what it was intended, that maybe most of the legislation that uber/lyft is defying is just bureaucracy (bloated laws to keep the taxi monopoly) this proven by its impending approval worldwide. What were the point of laws when every one that they are designed to protect stop following them?"}
{"_id": "393467", "title": "", "text": "\"If you want to deposit checks or conduct business at a window, you should look at a local savings bank or credit union. Generally, you can find one that will offer \"\"free\"\" checking in exchange for direct deposit or a minimum balance. Some are totally free, but those banks pay zippo for interest. If you don't care about location, I would look at Charles Schwab Bank. I've been using them for a couple of years and have been really satisfied with them. They provide free checking, ATM fee reimbursement, free checks and pre-paid deposit envelopes. You also can easily move money between Schwab brokerage or savings accounts. Other brokers offer similar services as well.\""}
{"_id": "393468", "title": "", "text": "\"Not true! The government is much more outraged about the independent Consumer Financial Protection Bureau (CFPB) and its head, Richard Cordray, \"\"interfering with freedom of trade\"\".  The CFPB fined various companies 12 Billion last year, for all kinds of shenanigans against consumers.\""}
{"_id": "393471", "title": "", "text": "\"&gt;  Honest question without entrapment. Do you really believe this \"\"anti science\"\" rhetoric? You must see that a good bit of that comes from a liberal media pushing an agenda. What has he actually done that is oppositional to science?  Yes.  I've seen it in action.  While there are lots of stories in the liberal media, the sources I'm following are the Science oriented news:  Science, Scientific American, Science News.  Simply look at the war on climate scientists via the NASA budget for its work on atmospheric science and the EPA budget (down 26%) for climate science for obvious examples [edit:  As well as the 16% cut in the NOAA budget].  And all of this for a misguided notion that one should try to protect coal  ... which is dying on its own (Nat Gas is cheaper and solar will be cheaper soon; both industries produce more jobs that coal ... and \"\"remember kids:  coal kills\"\").  &gt;  NASA funding increased 800 million. NSF is up 100 million. Collectively agencies are up 14 million from 2015. Data here https://ncsesdata.nsf.gov/fedfunds/2015/html/FFS2015_DST_003.html  You have your information completely messed up.  That said, the mainstream press also seems to be pretty incompetent at this too.   The Fiscal Year for both NASA and the NSF starts Oct 1.  The FY2017 budget was from Oct1, 2016 through Sept 30, 2017.   Specifically the FY 2017 budget request for the NSF was submitted **Feb 9, 2016**.  Any changes and funding of that budget under Trump's watch are minor.  The budget request formed under Trump is the FY2018 budget ... and this budget (the NSF) request was submitted on May 23, 2017 down $841m (11%).  [Here is the history of budget requests and actual expenditures for the NSF:  https://www.nsf.gov/about/budget/ ]  Your NASA information was also bad.  However, the approved FY2018 budget was only down 0.8%  &gt;  The National Aeronautic Space Administration budget for FY 2018 is $19.1 billion. That's a 0.8 percent decrease from current funding levels.  The situation for the NASA budget as a whole doesn't tell the whole story.  The reason it stayed relatively level was the push for Mars.   What one should note about the NASA budget are the severe cuts in regard to atmospheric research or anything related to climate change.  &gt;  Ultimately you have to admit the rapid expansion of entitlements lobbied for by democrats will necessarily create budgetary pressure on non defense spending.   No I don't.  Why?  First ... I simply note that you are trying to restrict attention to \"\"non-defense spending\"\" when it needs to be included in the calculation too.  Second of all ... we should have the courage to call it what it is.  It's *military spending* and we shouldn't fool ourselves by calling it \"\"defense.\"\"  So, in the context of large increases in military budgets/spending ...  the relatively minor expansion in entitlements is irrelevant.  Consider what the *single* Trump-ordered symbolic missile attack of Syria cost ( https://en.wikipedia.org/wiki/2017_Shayrat_missile_strike  I say \"\"symbolic\"\" because we actually notified them of the incoming strike in advance! ).  Just the cost of the Tomahawk missiles was almost $100m.   $100m for a single 1 hour symbolic gesture.   That's 1/60th of the annual NSF budget.  I'm not even going to mention the fact that each trip to Mar-a-lago costs $3m (if you include Secret Service).    Here is a reminder of the relative sizes of the components of the budgets ( 2015 ):  https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/ .   And for all of the campaigning about getting out of foreign wars, Trump seems to be doing the reverse.  If you look at the rise to power of the US in the 20th century, you'll realize that it was driven by science.  It's science that made America great.  If you really want to MAGA ... fund science.\""}
{"_id": "393479", "title": "", "text": "I came to the comments feeling the same way, but a number of active sellers are saying this doesn't affect them that much. It may be a factor of threshing out casual sellers who generally provide a poor experience from professional sellers who are able to manage the policy change.   Mind you, that's a very broad brush - I'd love to have access to numbers and do some analysis on how sellers are really affected. It might be that very commercial sellers do okay, while casual (but professional &amp; responsive) sellers are hurt. Or perhaps there are certain types of products that will be hurt worse than others."}
{"_id": "393483", "title": "", "text": "Because the stock still has the same value as the money paid for it - you are just exchanging one asset for another (of course the stock value starts to change immediately, but for the accounting the fictional value is the buying price). For the accounting, it is similar to changing a 100$ bill in five 20$ bills - same value, still assets."}
{"_id": "393495", "title": "", "text": "Nope, but if we don't point it out, *other people* won't ever realize how internally contradictory statism is. I mean, that's what got me off the horse, was realizing how self-contradictory the state is.  The only consistency you see from a statist is that they consistently endorse whatever benefits them."}
{"_id": "393496", "title": "", "text": "\"As I understand it, Implied Volatility represents the expected gyrations of an options contract over it's lifetime.  No, it represents that expected movement of the underlying stock, not the option itself.  Yes, the value of the option will move roughly in the same direction the value of the stock, but that's not what IV is measuring. I even tried staring at the math behind the Options pricing model to see if that could make more sense for me but that didn't help. That formula is correct for the Black-Scholes model - and it is not possible (or at least no one has done it yet) to solve for s to create a closed-form equation for implied volatility.  What most systems do to calculate implied volatility is plug in different values of s (standard deviation) until a value for the option is found that matches the quoted market value ($12.00 in this example).  That's why it's called \"\"implied\"\" volatility - the value is implied from market prices, not calculated directly. The thing that sticks out to me is that the \"\"last\"\" quoted price of $12 is outside of the bid-ask spread of $9.20 to $10.40, which tells me that the underlying stock has dropped significantly since the last actual trade.   If the Implied Vol is calculated based on the last executed trade, then whatever algorithm they used to solve for a volatility that match that price couldn't find a solution, which then choose to show as a 0% volatility.   In reality, the volatility is somewhere between the two neighbors of 56% and 97%, but with such a short time until expiry, there should be very little chance of the stock dropping below $27.50, and the value of the option should be somewhere around its intrinsic value (strike - stock price) of $9.18.\""}
{"_id": "393499", "title": "", "text": "Oh, you mean converting your money to that of a country whose public debt is [103% of GDP, instead of the 108% of your own?](http://en.wikipedia.org/wiki/List_of_countries_by_public_debt)  That seems hardly an advancement, even more so considering that the public debt of the Eurozone as a whole is 82.5% of GDP.  Greece is just 2% of the European economy, its default would not mean the collapse of the Euro."}
{"_id": "393506", "title": "", "text": "There is no matrix that is going to work for you because people value qualitative things differently.  For example, if I could afford a van Gogh painting, I'd only buy it if I could flip it for a profit.  It's worth very little to me intrinsically.  Another person might find it worth millions of dollars simply for aesthetic reasons. If you wish to try to quantify your desires, you have to do so yourself.  However, I would say it's being too analytical about life, which isn't a money-collecting game unless you make it one.  Can you afford your future?  Can you afford to lose your job for a time?  How much do you want to save?  Once you know those sorts of answers, you know how much you can spend on lifestyle choices."}
{"_id": "393510", "title": "", "text": "Pfft, you guys have got it easy.  Here in good old New Zealand, we pay more for NZ milk and cheese etc. than you do for the same product in the USA and Australia.  Good old Fonterra, taking the country for a ride since ages ago."}
{"_id": "393522", "title": "", "text": "It's not all roses, as I understand it, one effect of a tax inversion move is that existing stockholders will get hit with capital gains tax on the stock they hold as part of the conversion process.  Edit: going a bit further, often officers of the corporation are insulated from this tax as they have agreements that the company will pay their tax in the event of such a conversion. Seems like a potential for conflict of interest of officers vs shareholders to me.  It's unknown if this is the case with BK execs."}
{"_id": "393533", "title": "", "text": "\"the image of the warship was supposed to show something big that can change direction \"\"on a dime\"\" like companies can with Twitter on the desktop  will Twitter find its way onto business devices like laptops, desktops, ipads, and cell phones? absolutely, I make the argument (briefly) that business devices may be Twitter's biggest untapped market yet. for true, dynamic, news discovery - the only answer is Twitter. why not use it for \"\"Business News\"\" as well.  if any part of the vision, strategy, mission, plan, tactic, etc. changes - everyone who needs to know will know immediately with no excuses like \"\"i didn't read the email\"\".  let's take conversations \"\"back\"\" from emails into a land where a searchable history exists for anyone to reference or fact check.\""}
{"_id": "393550", "title": "", "text": "Welcome to Get Local Clout, We are an independent news site that has a goal of creating a reliable content for all the business minded folks out there. If it happens that you finally realized that you want to achieve the financial freedom \u201cstatus,\u201d then visit our site often and try to absorb all the content that you read here, the last thing that you will know is that you are already a financially literate person. We provide an original content about business, money tips, and news. All written by a professional and person that know their stuff really well, and will surely help you and your business."}
{"_id": "393553", "title": "", "text": "There is a difference between an owner and a signer. An owner is the legal owner of the funds. A signer has access to withdraw the funds. In most cases, when a new personal account is opened the name is added as an owner&signer. However, that is not always the case. A person could be an owner, but not a signer, in a custodial arrangement. For example, a minor child may be an owner only on their account with a custodial parent listed as a signer. The minor could not withdraw from the account. A person could be a signer, but not an owner, in a business or estate/trust account. The business or estate would be the owner with individuals listed as signers only. The business employees do not own the funds, they are only allowed to withdraw and disburse the funds on behalf of the company. The creditor can only garnish/withhold funds that are owned by the indebted. If the second person on the account is only a signer, those funds cannot be withheld as part of a judgment against the second person (they don't own those funds). However, simply titling the second person as a signer only is not sufficient. If you share access with the second person and allow them to spend the money for their own benefit, they are no longer just a signer. They have become an owner because you are sharing your funds with them. Think of the business relationship as an example. The employee is a signer so they can withdraw funds and pay business expenses, like the electric bill. If the employee withdrew funds and bought herself a new dress, she is stealing because she does not own those funds. If the second person on the account buys things for themselves, or transfers some of the money into their own account, they are demonstrating that more than a signer-only relationship exists. A true signer-only relationship is where the individual can only withdraw funds on the owner's behalf. For example, the owner is out of town and needs a bill paid, the signer can write a check and pay the bill for the owner. A limited power of attorney may be worth looking into. With a limited POA, the owner can define the scope and expiration of the power of attorney. With this arrangement, the second person becomes an executor of the owner under certain circumstances. For example, you could write a power of attorney that states something like: John Smith is hereby granted the limited power to withdraw funds from account 1234, on deposit at Anytown Bank, for the purpose of paying debts and obligations and otherwise maintain my estate in the event of my incapacitation or inability to attend to my own affairs. This Power of Attorney shall expire on it's fifth anniversary unless renewed. If the person you have granted the power of attorney abuses their access, you could sue them and you would only have to demonstrate that they overstepped the scope of their power."}
{"_id": "393558", "title": "", "text": "Agreed. I tried to use it at a friends' house (I don't live in a cabled area, the one time that I did I didn't have a TV) and I really didn't get what was going on. I eventually managed to change channel and ended up playing with the thumbs up/down buttons.  I'm a technical person and most things come easily to me, but that didn't. Sky's solution may not have any bells and whistles but at least the buttons do what they say."}
{"_id": "393571", "title": "", "text": "Quite often these fish bring with them sea lice that will affect smolts.   As well salmon do tend to eat each other's eggs during spawning.    This could be a bad thing if Atlantic salmon follow our wild species into their spawning grounds.     You can fish for pink spawns using pink wool.    The wool is to look like their egg sacs.     Plus the sea lice will have a direct affect on smolts.     Alexandra Morton has been warning us for over a decade."}
{"_id": "393579", "title": "", "text": "You can use Skrill or any other service like paypal or SWIFT wire. There is no legal restriction to bring money into India. You need to pay taxes depending on how you earned the income, of course the assumption is you earned the money in a legal way."}
{"_id": "393580", "title": "", "text": "&gt;But when share repurchases replace a company\u2019s research-and-development spending, that indicates its management is unable or unwilling to spend on innovation that could generate future earnings to shareholders.  I disagree. If we look at buybacks and r&amp;d purely as investments, a shorter term investment is lower in risk and return, while a longer term one is higher in risk. Of course, the same goes for respective returns. Knowing that research-to-market time for a drug is 5-12 years, and that buybacks are almost immediate returns, the 11% difference over ten years seems generous, not greedy.  I've read the same being said about marketing budgets being more than r&amp;d. Again, if the market doesn't have perfect flow of information, marketing become a need to survive. A smart CEO would never spend more on marketing than is necessary. It's the last cost a company bears on a product before booking a sale, and it's the last bite out of the profit."}
{"_id": "393591", "title": "", "text": "\"It's called leverage. Here's an example from real estate. The underlying appreciation on a house in certain parts of America is something like 7% a year. So if you bought the house \"\"all cash,\"\" your return would be something like 7% a year. (Actually, a little more, because of the rent you would be collecting, or saving, if you were the \"\"renter.\"\") Suppose you buy the same house, 20% down, 80% mortgage. The rent pays for your mortgage, taxes, insurance, etc. like it is supposed to. The house goes up the same 7% each year. But now your rate of return is 35%, that is 7%/20% (your down payment). You get the whole appreciation but put up only 20% of the money. The bank (and your renter) did the rest.\""}
{"_id": "393601", "title": "", "text": "Its' a smart thought to play out your own one of a kind research on which wooden ground surface companiesis the absolute best for you rather than just suspecting what others say to you. You can make a rundown of the considerable number of shops in your general vicinity and gather however much insights about each of them as could reasonably be expected. You can ask about the things they offer and their rates notwithstanding the administrations they give. You can truly look at posts like news items or magazine short articles about such shops close you. Not only that anyway you can in like manner look at stories on these shops from different clients."}
{"_id": "393602", "title": "", "text": "As boomers retire there'll be a lot smaller workforce to go along with a potential smaller employment force. Also as far as having fewer jobs in any particular career path, ask yourself what you think is easier to do, completely change careers in your 20s or 30s or in your 40s or 50s?      Fact remains those with less working time left have a harder time adjusting to the new economy because they have less opportunity to change careers or make up their retirement losses."}
{"_id": "393612", "title": "", "text": "In a way this is good because it encourages people to move out of these high cost areas to lower cost. Over time that will tend to even out the problem and move resources around the country. Anyone waiting for NYC to become cheap again is just plain stupid. It didn't even get cheap in the 2008 crash."}
{"_id": "393617", "title": "", "text": "I did that.  What is allowed changes over time, though \u2014 leading up to the crisis, lenders would approve at the flimsiest evidence. In particular, my SO had only been in the country a couple years and was at a sweet spot where lack of history was no longer counting against her. Running the numbers, the mortgage was a fraction of a percent cheaper in her name than in mine.  Even though she used a \u201cstated income\u201d (self reported, not backed by job history) of the household, not just herself. The title was in her name, and would have cost money to have mine added later so we didn\u2019t.  This was in Texas, which is a \u201ccommunity property\u201d state so after marriage for sure everything is \u201cours\u201d."}
{"_id": "393629", "title": "", "text": "Should I treat this house as a second home or a rental property on my 2015 taxes? If it was not rented out or available for rent then you could treat it as your second home. But if it was available for rent (i.e.: you started advertising, you hired a property manager, or made any other step towards renting it out), but you just didn't happen to find a tenant yet - then you cannot. So it depends on the facts and circumstances. I've read that if I treat this house as a rental property, then the renovation cost is a capital expenditure that I can claim on my taxes by depreciating it over 28 years. That is correct. 27.5 years, to be exact. I've also read that if I treat this house as a personal second home, then I cannot do that because the renovation costs are considered non-deductible personal expenses. That is not correct. In fact, in both cases the treatment is the same. Renovation costs are added to your basis. In case of rental, you get to depreciate the house. Since renovations are considered part of the house, you get to depreciate them too. In case of a personal use property, you cannot depreciate. But the renovation costs still get added to the basis. These are not expenses. But does mortgage interest get deducted against my total income or only my rental income? If it is a personal use second home - you get to deduct the mortgage interest up to a limit on your Schedule A. Depending on your other deductions, you may or may not have a tax benefit. If it is a rental - the interest is deducted from the rental income only on your Schedule E. However, there's no limit (although some may be deferred if the deduction is more than the income) if you're renting at fair market value. Any guidance would be much appreciated! Here's the guidance: if it is a rental - treat it as a rental. Otherwise - don't."}
{"_id": "393639", "title": "", "text": "\"You should seriously just stop talking. The term legacy employees refers to legacy cost structures. Costs that linger from a time when the competitive environment was different than it is today are referred to as legacy costs. It is not derogatory.   Take airlines, for example. Airlines used to have incredible legacy costs from unionized employees incurred at a time when the airline industry was regulated. Regulation kept new airlines from starting up, so airlines could very easily afford to pay for pensions, huge benefits, massive salaries, etc. The few airlines in existence then had control over the industry.  Then the airlines were deregulated and anyone could start one up. Suddenly, the airlines that could afford massive pensions in the days where they effectively controlled pricing could no longer afford these pensions and benefits when competitors did not offer the same benefits to their employees. Hence, every single \"\"legacy\"\" airline went bankrupt over the next few decades.\""}
{"_id": "393654", "title": "", "text": "There is an interesting PBS Frontline short video about a Washingtom Post reporter who figured out that that the NSA was pibbybacking on a Google PREF cookie to track him. And Google is aware of it. And then tried to trash his reputation.   http://www.pbs.org/video/frontline-personal-hit-me/"}
{"_id": "393658", "title": "", "text": "I don't see any incentive for the agent to do this. I don't think it's a useful argument."}
{"_id": "393671", "title": "", "text": "We provide the best lawn edging and curbing in the top quality and low maintenance. We handle all commercial and residential landscape projects in the USA. Our company is providing almost best quality products to our clients at reasonable market prices. We provide the different type of landscape services such as cement curbing, concrete landscape curbing, cement lawn edging and much more. For more information, you can visit our company website."}
{"_id": "393676", "title": "", "text": "Of course. There are many reasons why we want Robots to do work currently done by humans: dangerous jobs, physically difficult jobs, undesirable jobs (e.g. cleaning), etc.  But also jobs that people like to do, but robots will be cheaper: painting walls, some yard work, loading/unloading freight, etc.  No matter how you look it, the SOLE purpose of robots is to replace humans and their jobs.  &gt; I could argue that the new jobs being created--likely as equipment operators--is a higher skill job (than sorting shelves) and will likely pay more.  Do you think a robot cannot operate equipment?   And if less jobs are available for humans, so more unemployed, do you think they will get paid more?"}
{"_id": "393682", "title": "", "text": "Certainly. I'm afraid it was a bit of a rhetorical question. My point is that I personally don't care what a person is wearing so long as it covers the fleshy bits. I care more about the person's ideas when it comes to a leadership position."}
{"_id": "393691", "title": "", "text": "I think the part where it mentions the 'Japanese method' is illustrative for the rest of the article: most of it has been made up in the head of the author based on hearsay or stereotypical assumptions without actually having worked in a Japanese company."}
{"_id": "393693", "title": "", "text": "For the Roth the earnings: interest, dividends, capital gains distributions and capital gains are tax deferred. Which means that as long as the money stays inside of a Roth or is transferred/rolled over to another Roth there are no taxes due. In December many mutual funds distribute their gains. Let's say people invested in S&P500index fund receive a dividend of 1% of their account value. The investor in a non-retirement fund will be paying tax on that dividend in the Spring with their tax form. The Roth and IRA investors will not be paying tax on those dividends. The Roth investor never will, and the regular IRA investor will only pay taxes on it when they pull the money out."}
{"_id": "393700", "title": "", "text": "You will never get all the companies to agree. The whole point of this article is that the TV companies won't give up their old tried and true method. Something this radicle they won't understand. Netflix is going to try. I wish them luck."}
{"_id": "393710", "title": "", "text": "If you tell the collector that the claim isn't valid, they're obliged to go back to the creditor to verify it. Sometimes that gets a real person, instead of their automatic billing system, to look at the claim, and if you're right, they'll drop it."}
{"_id": "393721", "title": "", "text": "Sydney Document Shredding Service is a proud Australian owned and operated shredding company providing secure document destruction services, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for security bins in Sydney."}
{"_id": "393724", "title": "", "text": "I absolutely believe you when you said most of the orthodox community are good people. The problem is how do people outside of the orthodox community meet those good people if they don't interact?   Unfortunately, as it currently stands, negative news stories are becoming the only way for people outside of the orthodox community learning about orthodox community."}
{"_id": "393725", "title": "", "text": "Yes but the employee losing that job can be devastating because as someone who works for minimum wage (in college and living at home right now so my cost of living is low) but without that I would have no savings."}
{"_id": "393729", "title": "", "text": "\"Does the enhancement of human physical and intellectual capacities undermine virtue?  Hahaha, uh, it's going to be done anyway.  Any philosophical basis that says it is good is going to be the one put forth.  Enjoy your totalitarianis-- er, I mean, loving communitarianism.  This is not a system of \"\"enhancing\"\" human beings.  It is a system of controlling them.\""}
{"_id": "393733", "title": "", "text": "Wealthsimple lists their prices as follows: Those are the fees you pay over and above what you pay for the underlying ETFs' management fees. But why not just invest in the ETFs yourself? The Canadian Couch Potato website shows some sample portfolios. The ETF option has an average Management Expense Ratio very similar to that of the ETFs used by Wealthsimple, but without the additional management fee. Rebalance once or twice a year and you cut your fees from approximately 0.57% (if investing mid-six-figures) to 0.17%, for very little work. Is it worth it to you? Well, that depends on how much you have to invest, and how much effort you are willing to put in. Wealthsimple isn't particularly unreasonable with their fees, but the fees do look a bit high once you are in to the six figures of investing. On the other hand, I often recommend Tangerine's mutual funds to my friends who are looking at investing for retirement. Those mutual funds, last time I checked, cost 1.09%. That's about twice what Wealthsimple is charging. But they are easy to understand and easy to invest in; a good choice for my friends looking to invest $1,000 - $50,000 in my opinion. So, and understanding this is just my personal opinion, I think Wealthsimple fits in a niche where Tangerine mutual funds carry too high a cost for you, but you don't want to do all the management yourself, even if this is just an hour or so of work, a couple of times a year. I wish they were cheaper, but their pricing makes sense for a lot of people in my opinion. Do they make sense for you? If you are looking at investing less than $10,000, I'd stick with an option like Tangerine, only because that's an easier option. If investing more than $100,000 or $200,000, I think you are paying a bit much for what they offer. But, many people pay much, much, much more for their investments."}
{"_id": "393740", "title": "", "text": "We have a lot more immigrants that come here for an education.  Something like 70% of grad students in stem fields are foreign born.  Those people are being turned off by Trump.  That\u2019s the problem.    H1Bs aren\u2019t the people who Trump is turning off.  That\u2019s not the problem.  The problem is these other people who come here because they\u2019re brilliant and the us has opportunities for them.  Trump is turning them off.    They can go to grad school in Canada or Europe because the prospects when they finish will be much worse."}
{"_id": "393748", "title": "", "text": "I would argue that we don\u2019t have a shortage of STEM resources. Immigration policy hasn\u2019t changed a lot either. What percentage of STEM students are from war torn Arab nations (the ones whose immigration policy has changed)  It can\u2019t be more than 10%. As someone who works in the field, it\u2019s largely India and China.  (That said, China is rapidly catching up so there is some truth to that aspect of it)"}
{"_id": "393757", "title": "", "text": "Yahoo Finance has this now, the ticker is CL=F."}
{"_id": "393759", "title": "", "text": "the implications are that the company's earnings per share may seem greater, (after the company buys them there will be less shares outstanding), giving wall street the impression that there is more growth potential than there really is. its an accounting gimmick that can work for a few quarters while the company evaluates how else to impress wall street"}
{"_id": "393790", "title": "", "text": "I think the short term that is true but if you really look at the two big platform iPhone and Android, they are both very immature. Neither product has any real edge on the other.  MS could potentially bring in a more mature platform since it's based off their existing platform rather than a totally new OS. In doing that MS can also bring in a better development platform than Android or Apple have on their mobile devices.   In think we'll all realize Apple and Android effectively made a mistake by developing dumbed down operating systems for phones because phones are increasing in power so quickly the real need is where MS is going, a unified platform.   To me it seems a lot like their long term Xbox strategy which allows them the option to unify gaming platforms also. .NET also fits right in perfectly since you have a very powerful and high portable development platform, not just a single language or simple SDK.   So, I think Windows 8 phones stand a good chance in this market. MS can bring all the advantages of Android with a more standardize and well known interface. Androids biggest weakness is allow phone companies to tweak the interface, horrible idea. You want you OS to feel familiar and comfy, not different on every device.   MS will also address Apple's big flaw (the same one as ever) which is being far too proprietary. On top that MS has the money and connections to make it happen, but similar to Xbox they have to build up a use base before you are gong to see the product take off. The first generation of these new phones may not do that well, but personally I think they will do well enough and then continue to rise until they are right there with Apple and Google.   MS is also much closer to a unified platform for you TV. I think the last decade or so of work is coming to a pinnacle for MS and so far so good really. Windows 7 phones get decent reviews, they just lack exposure and a healthy app market, so did the first xbox and now MS fairly easily dominates the console market and will almost certainly beat Sony to the next generation of consoles while expanding their game selection faster.   While Apple sales won't get hurt as bad I think an MS phone will eventually give them trouble and when you own the PC and console markets already selling a phone platform shouldn't be that hard. People WANT a unified platform that is all made to work together and soon MS will finally be able to offer that and the new xbox will make it that much better.   Many of you may see MS as waning in recent years. I think they have been quietly putting the finishing touches on their Death Star trifecta - the unified PC, Mobile and Console market. Apple and Google have nothing close to that."}
{"_id": "393791", "title": "", "text": "\"Its because of the economic uncertainty in the world. They are the \"\"risk-free\"\" investment as it is an almost guaranteed return if you exclude inflation and US gov't defaulting. A lot of people are afraid to invest elsewhere given the current economic climate.  The yield on bonds is also low due to government intervention. Quantitative easing 1 and 2 and operation twist has forced yield this low, as that is what the government wants.\""}
{"_id": "393808", "title": "", "text": "&gt; I don't understand what all the fuss is about  a LOT of people are heavily vested in extracting American money, e.g. The Musker and taxpayer subsidies for his cars and solar.  Al Gore became super wealthy trading carbon and corporations that feed the frenzy like GE and their bird killing wind turbines"}
{"_id": "393817", "title": "", "text": "MrChrister's answer is just plain wrong. Your history of carrying debt or paying interest has nothing to do with your credit score. The biggest factors are payment history, debt to available credit ratio and length of credit history. If you have active credit accounts for 5 years, have 10-15k in limits on credit cards and put gas and groceries on a credit card that is paid in full each month, you'll have a top notch credit rating. There is no way to tell from a credit report whether you carry a balance for pay in full. Anyone who gets into debt to improve a credit score is ignorant of the process. If you have bad credit, here's how you improve it:"}
{"_id": "393819", "title": "", "text": "Hard to imagine people going to casinos in the first place.  That aside, Atlantic City was never going to be a good place for casinos.  Now that there are so many casinos to choose from at so many locations all around the country it only stands to reason that more and more casinos will go out of business (not enough people who do not understand basic arithmetic to go around) .  Also to factor in is that going to a casino is not the brightest thing to be doing with your money.  And if it should turn out that there is so much money to burn out there, then taxes are definitely not high enough!    Imagine going into a building and playing games, for money, where the odds are stacked against you.  The longer you play the worse your chances are!  Madness!"}
{"_id": "393823", "title": "", "text": "Given that we live in a world rife with geopolitical risks such as Brexit and potential EU breakup, would you say it's advisable to keep some of cash savings in a foreign currency? Probably not.  Primarily because you don't know what will happen in the fallout of these sorts of political shifts.  You don't know what will happen to banking treaties between the various countries involved. If you can manage to place funds on deposit in a foreign bank/country in a currency other than your home currency and maintain the deposit insurance in that country and not spend too much exchanging your currency then there probably isn't a downside other than liquidity loss. If you're thinking I'll just wire some whatever currency to some bank in some foreign country in which you have no residency or citizenship consideration without considering deposit insurance just so you might protect some of your money from a possible future event I think you should stay away."}
{"_id": "393833", "title": "", "text": "\"The formula you are looking for is pretty complicated. It's given here: http://itl.nist.gov/div898/handbook/eda/section3/eda3661.htm You might prefer to let somebody else do the grunt work for you. This page will calculate the probability for you: http://stattrek.com/online-calculator/normal.aspx. In your case, you'd enter mean=.114, standard deviation=.132, and \"\"standard score\"\"= ... oh, you didn't say what you're paying on your debt. Let's say it's 6%, i.e. .06. Note that this page will give you the probability that the actual number will be less than or equal to the \"\"standard score\"\". Enter all that and click the magic button and the probability that the investment will produce less than 6% is ... .34124, or 34%. The handy rule of thumb is that the probability is about 68% that the actual number will be within 1 standard deviation of the mean, 95% that it will be within 2 standard deviations, and 99.7% that it will be within 3. Which isn't exactly what you want because you don't want \"\"within\"\" but \"\"less than\"\". But you could get that by just adding half the difference from 100% for each of the above, i.e. instead of 68-95-99.7 it would be 84-98-99.9. Oh, I missed that in a follow-up comment you say you are paying 4% on a mortgage which you are adjusting to 3% because of tax implications. Probability based on mean and SD you gave of getting less than 3% is 26%. I didn't read the article you cite. I assume the standard deviation given is for the rate of return for one year. If you stretch that over many years, the SD goes down, as many factors tend to even out. So while the probability that money in a given, say, mutual fund will grow by less than 3% in one year is fairly high -- the 25 - 35% we're talking here sounds plausible to me -- the probability that it will grow by an average of less than 3% over a period of 10 or 15 or 20 years is much less. Further Thought There is, of course, no provably-true formula for what makes a reasonable risk. Suppose I offered you an investment that had a 99% chance of showing a $5,000 profit and a 1% chance of a $495,000 loss. Would you take it? I wouldn't. Even though the chance of a loss is small, if it happened, I'd lose everything I have. Is it worth that risk for the modest potential profit? I'd say no. Of course to someone who has a billion dollars, this might be a very reasonable risk. If it fails, oh well, that could really cut in to what he can spend on lunch tomorrow.\""}
{"_id": "393838", "title": "", "text": "\"tl;dr It's a difference between cash and cash equivalents and net cash and cash equivalents.  Download the 2016 annual report from http://www.diageo.com/en-us/investor/Pages/financialreports.aspx On page 99 is the Consolidated Statement of Cash Flows at the bottom is a section \"\"Net cash and cash equivalents consist of:\"\"   Net cash and cash equivalents consist of: 2016-06-30   2015-06-30 Cash and cash equivalents                      1,089          472 Bank overdrafts                                 (280)         (90)                                                  809          382  The difference between net cash of 809 million and 382 million is 427 million, matching the \"\"Change in Cash and Cash Equivalents\"\" from Yahoo. I do not know that bank overdrafts mean in this situation, but appears to cause cash to show up on balance sheet without being reflected in the net cash portions of the cash flow statement. And the numbers seem like balances, not year of year changes like the rest of the statement of cash flows.  2015 net CCE              382 2016 cash flow          + 427                          ---- 2016 net CCE              809 Cash from overdrafts    + 280                           ---- 2015 balance sheet cash 1,089\""}
{"_id": "393842", "title": "", "text": "I had a coworker whose stock picking skills were clearly in the 1% level. I had a few hundred shares of EMC, bought at $10. When my coworker bought at $80, I quietly sold as it spiked to $100. It then crashed, as did many high tech stocks, and my friend sold his shares close to the $4 bottom advising that the company would go under. So I backed up the truck at $5, which for me, at the time, meant 1000 shares. This was one of nearly 50 trades I made over a good 10 year period. He was loud enough to hear throughout the office, and his trades, whether buy or sell, were 100% wrong.  Individual stocks are very tough, as other posters have offered. That, combined with taking advice from those who probably had no business giving it.  For the record, I am semi-retired. Not from stock picks, but from budgeting 20% of income to savings, and being indexed (S&P) with 90% of the funds.  If there are options on your stock, you might sell calls for a few years, but that's a long term prospect. I'd sell and take my losses. Lesson learned. I hope."}
{"_id": "393857", "title": "", "text": "The short answer is that it depends on the taxation laws in your country. The long answer is that there are usually tax avoidance mechanisms that you can use which may make it more economically feasible for you to go one way or the other. Consider the following: The long term average growth rate of the stock market in Australia is around 7%.  The average interest on a mortgage is 4.75%.  Assuming you have money left over from a 20% deposit, you have a few options.  You could: 1) Put that money into an index fund for the long term, understanding that the market may not move for a decade, or even move downwards; 2) Dump that money straight into the mortgage; 3) Put that money in an offset account Option 1 will get you (over the course of 30-40 years) around 7% return.  If and when that profit is realised it will be taxed at a minimum of half your marginal tax rate (probably around 20%, netting you around 5.25%) Option 2 will effectively earn you 4.75% pa tax free Option 3 will effectively earn you 4.75% pa tax free with the added bonus that the money is ready for you to draw upon on short notice. Of the three options, until you have a good 3+ months of living expenses covered, I'd go with the offset account every single time. Once you have a few months worth of living expenses covered, I would the adopt a policy of spreading your risk.  In Australia, that would mean extra contributions to my Super (401k in the US) and possibly purchasing an investment property as well (once I had the capital to positively gear it). Of course, you should find out more about the tax laws in your country and do your own maths."}
{"_id": "393860", "title": "", "text": "It may be the case that the Russian government puts higher priority on repudiating other nations, and demonstrating strength and self-sufficiency, than on ensuring a food supply for the Russian people. It's a gross understatement to say that, historically, it wouldn't be the first time."}
{"_id": "393865", "title": "", "text": "Gladwell is not a scientist, so you shouldn't expect him to do a study correctly. He has said frequently in interviews that readers want good stories, not the truth, and that is what he provides. Also he is an extremely talented writer, so any argument he makes will be persuasive even if it is wrong."}
{"_id": "393866", "title": "", "text": "\"Like many things, there are pros and cons to using credit cards. The other folks on here have discussed the pros and length, so I'll just quickly summarize: Convenience of not having to carry cash. Delay paying your bills for a month with no penalty. Build your credit rating for a time when you need a big loan, like buying a house or starting a business. Provide easy access to credit for emergencies or special situations. Many credit cards provide \"\"rewards\"\" of various sorts that can effectively reduce the cost of what you buy. Protection against fraud. Extended warranty, often up to one year Damage warranty, covering breakage that might be explicitly excluded from normal warranty.  But there are also disadvantages: One of the advantages of credit cards -- easy access to credit -- can also be a disadvantage. If you pay with cash, then when you run out of cash, you are forced to stop buying. But when you pay with credit, you can fall into the trap of buying things that you can't afford. You tell yourself that you'll pay for it when you get that next paycheck, but by the time the paycheck arrives, you have bought more things that you can't afford. Then you have to start paying interest on your credit card purchases, so now you have less money left over to pay off the bills. Many, many people have gotten into a death spiral where they keep piling up credit card debt until they are barely able to pay the interest every month, never mind pay off the original bill. And yes, it's easy to say, \"\"Credit cards are great as long as you use them responsibly.\"\" That may well be true. But some people have great difficulty being responsible about it. If you find that having a credit card in your pocket leads you to just not worry about how much you buy or what it costs, because, hey, you'll just put it on the credit card, then you will likely end up in serious trouble. If, on the other hand, you are just as careful about what you buy whether you are paying cash or using credit, and you never put more on the credit card than you can pay off in full when the bill arrives, then you should be fine.\""}
{"_id": "393883", "title": "", "text": "Explain the situation to a landlord and offer to prepay a few months of rent in advance as a guarantee.  This may or may not work, but being honest and committed may just be the answer."}
{"_id": "393898", "title": "", "text": "Hemp is already pretty easily grown by farmers here.  Canada had 50,000 acres of legal hemp in 2006, but it's been in decline the last 3 years due to the cost, lack of demand, and the high values of some other crops.  It's also difficult to harvest due to its size. It's possible that the demand for hemp products will increase, but given that many Asian countries (Russia, China and Korea, for example) never banned it in the first place, there's a pretty ready supply already in place.  In Canada, the big reason to grow it is as an alternative crop for use in rotation that has some commercial demand, but it's certainly not as valuable as crops like canola, oats or soy beans."}
{"_id": "393905", "title": "", "text": "\"George Washington doesn't support your right to brew whiskey in your own still.   Washington raised a militia, and personally led the army to steal money from hard-working American farmers.  He says, \"\"You didn't brew that...The Continental Army fought for your independence  and now you have to pay it back.\"\"  George Washington.  Tax and spend liberalism at its worst.   [This message paid for by Americans for a Democratic Republic.](http://en.wikipedia.org/wiki/Whiskey_Rebellion)\""}
{"_id": "393909", "title": "", "text": "illegal? no. free speech issue? no.  Free Speech is a contract between citizens and the government.  Between citizens, if you say something stupid, like 'the earth is flat', or 'vaccines cause autism' or 'build a wall MEGA'  I'm allowed to laugh at you and hold my own opinion that you're a dumb ass and you don't know what you're talking about.  You don't have to agree with me and I don't have to go to the bar and buy you a beer, and the government can't arrest you.  You can't however express your opinion then tell me what my opinion of it should be.  It's just like your opinion man.  And I'm allowed to make free choices as to how I interact with you as well.  We are all playing by the same rules here."}
{"_id": "393910", "title": "", "text": "Late to the party, but my finance professor put it in simplest terms:  An example of a derivative is a credit default swap. An example of a credit default swap is that if you and your buddy bet on a football game that happens every year, and if the team you picked wins, you get paid by your friend, but you pay him if his team wins.   The credit default swaps were a huge topic during 2008-2009 because people could bet on companies tanking, and also short their stock to help further the bad vibes."}
{"_id": "393912", "title": "", "text": "\"There is a difference between losing money in the market, and not knowing where the money is. Let's say he invested 2 billion into 1 stock, then that stock drops from $100 per share to $50 per share. Well that is documentable. Corzine claims he doesn't know what happened.   Haven't you ever seen \"\"It's A Wonderful Life\"\"?\""}
{"_id": "393925", "title": "", "text": "Many of the major indices retreated   today because of this news. Why? How   do the rising budget deficits and debt   relate to the stock markets? It does seem strange that there is a correlation between government debt and the stock market.  But I could see many reasons for the reaction.  The downgrade by S&P may make it more expensive for the government to borrow money (i.e. higher interest rates).  This means it becomes more expensive for the government to borrow money and the government will probably need to raise taxes to cover the cost of borrowing.  Rising taxes are not good for business.  Also, many banks in the US hold US government debt.  Rising yields will push down the value of their holdings which in turn will reduce the value of US debt on the businesses' balance sheets.  This weakens the banks' balance sheets.  They may even start to unload US bonds. Why is there such a large emphasis on   the S&P rating? I don't know.  I think they have proven they are practically useless.  That's just my opinion.  Many, though, still think they are a credible ratings agency. What happens when the debt ceiling is   reached? Theoretically the government has to stop borrowing money once the debt ceiling is reached.  If this occurs and the government does not raise the debt ceiling then the government faces three choices:"}
{"_id": "393934", "title": "", "text": "\"In terms of how to make your decision, here are some considerations. Comprehensive insurance often covers other perils besides collision, including fire, theft, hail or other weather damage, additional liability coverage etc. It may be worth looking at your specific policy to see what is covered. No matter what you do, make sure you have some form of personal liability coverage in case you are sued (doesn't necessarily need to be through the auto policy). While it can make financial sense to drop comprehensive coverage once you can afford to self-insure against collision, this will only be the case if you are certain that you can set aside dedicated savings that you would only need to dip in to in the case of a collision or other major loss. For example, if you only have $5-$10,000 in the bank, and you happen to lose your job, and then the next month you happen to be hit in an accident and the car is totaled, could you afford to replace the car out of pocket? I would recommend looking at dropping comprehensive insurance as similar to a \"\"DNR\"\" (do not resuscitate) order for your car, i.e. under no circumstances would you choose repair the car were it totaled or damaged. For example, if your car's exterior were badly damaged in a hail storm (but still ran fine), would you pay $500 or more to repair it, or would you simply get a new car? Ultimately, this is going to be a judgement call based on how much financial risk you want to take on. Personally, I would continue to pay the extra $300 per year for now in order to insure a $6-8,000 asset (5% of the asset value) However, in the next few years the resale value of your car will continue to decline. If in a few years the car were worth $1,500, I would probably not pay the same $300 a year (or 20% of the asset's value). When you should make that choice depends on how many more years of service you expect to get from the car, which is a very localized question. Hope that helps!\""}
{"_id": "393936", "title": "", "text": "Umm no.  2.14 B Shares outstanding...  First day had a peak to low of (41.68-38.27) of 3.41. Unless UBS got over 100M shares and roundtriped them 200m of volume. This number is not possible as FB had 580,587,742 of total volume.  It's highly unrealistic that UBS accounted for about 35% of volume in one day.  UBS would have to have longed a large holding in FB for some time to have lost this much."}
{"_id": "393953", "title": "", "text": "You only pay VAT if you buy from a VAT-registered company; if they are not registered, you don't pay. So, thinking about your supplier, if they are VAT-registered they will charge you VAT, if they are not they won't. The buyer's status makes no difference, the seller doesn't get involved in whether the buyer is able to reclaim or not (based on their VAT-registered status)."}
{"_id": "393959", "title": "", "text": "&gt;  How is a loan an asset?   To use your example, our starting books are $100 in cash (asset), which corresponds to $100 in equity. We then loan out $20 with a future return of $25, so our books have changed to $80 cash, $25 in collectable loans (assets), $20 in loan liabilities, and $80 in equity + $5 in interest revenue.   &gt; I cannot be acting like I HAVE that 20$ can I?  Not really, and lending banks are regulated very tightly by having both required minimum capital adequacy ratios (basically how many loans you can have out for a given amount of equity) and annual stress testing by the Fed (CCAR).  &gt; Isn't that how the 08' crash happened? Is the risk of default accounted for?   No and yes. Lending banks weren't really responsible for the crash and it certainly wasn't because of over-lending. The problem was that the mortgage backed securities that banks were trading were (at the time) not properly valued to account for their risk, and the resulting insurance contracts (Credit Default Obligations, or CDOs) were improperly priced *and* leveraged. The CDOs were overly complicated, and made some strong statistical assumptions about the underlying assets (the MBSs and the individual mortgages within them) that lead to a systemic underestimation of risk (autocorrelation in default probabilities, esp.) Banks since then have dramatically increased the size of their risk management departments, and I think it's fairly unlikely we see another systemic mispricing like that for some time.  &gt; default risk is not transferred with the asset  I don't agree with this in the basic cases. If I sell you the rights to collect a loan that I wrote, then absent of any other contract you will bear the full risk of the borrower defaulting.  &gt;  how can it possibly be sold in such a way that the risk of default is detached  Credit default swaps and other forms of insurance contracts. I could sell you the loan as above, but then you could buy an insurance contract on the loan that pays out if the borrower defaults. In other words, either the loan stays alive and you collect interest as normal, or it defaults and you receive some payout from the insurance contract which limits your downside risk. Just about every large financial institution will have themselves hedged like this to some extent, though perhaps by other means.   Regarding your overall question about student loan defaults, I'm in the camp that believes they're an overstated direct* risk. It's currently not possible to default on a student loan, and if the law allowing student loan bankruptcy came in to effect, I think we'd see a large adjustment of interest rates on student loans (and probably consumer loans, etc. as well) to compensate for the increased risk of holding these loans.  *Direct risk referring to the risk to the loan holder. I think there is a risk that consumer spending becomes weighed down by the burden of large loans. However, I also don't think this would appear as a sudden market shock, and would likely manifest over an extended period of time.  Just my thoughts, I'm sure there are some people who'll disagree with me on this."}
{"_id": "393963", "title": "", "text": "Probably my biggest cost saving is to make my own sandwiches for lunch. I take this one step further by buying joints of meat to roast and slice for the filling. This not only tastes better but is quite a bit cheaper. For example today I roasted a 5 kg ham (about 11 lbs), it cost me \u00a316 to buy (around $25), but I've sliced it, wrapped the slices in foil and frozen them. I've made around 20 packs, each pack has enough ham for sandwiches for me and my wife for a day. I also do this with beef, chicken and turkey and just get a pack of whatever we fancy out of the freezer the night before so it's defrosted enough to make sandwiches in the morning."}
{"_id": "393964", "title": "", "text": "&gt; Which of course explains why Biloxi is an economic powerhouse and no one has ever heard of New York City or San Francisco.  Lower taxes states like Texas are faring better economically compared to other states with high taxes.  &gt; **[No-Tax Texas Out-Competes High-Tax Arkansas](http://www.cato.org/blog/no-tax-texas-out-competes-high-tax-arkansas)**  &gt; By Daniel J. Mitchell  &gt; Writing in National Review, **Greg Kaza discusses how Texas has been growing faster and creating more jobs than Arkansas. Much of the credit, he writes, is due to the fact that Texas has no state income tax while Arkansas penalizes workers with a  tax rate of 7 percent:**  &gt; Employment growth in Texas has been significantly higher than in Arkansas during periods of economic expansion. The population in Dallas has nearly tripled in the post-WWII period, while the population in Little Rock has barely doubled in size. Per capita personal income in Texas is 94 percent of the U.S total. In Arkansas it\u2019s 77 percent of the nation\u2019s total, a level that has hardly budged since the 1970s.  &gt; The list of statistical disparities is long, and there\u2019s a good reason why: While Arkansas and Texas share a common border, each taxes income and capital in radically different ways. **Arkansas has a top income-tax rate of 7 percent, the highest among the bordering states. Texas, however, does not impose an income tax. The imbalance is the same for capital gains: Arkansas taxes them. Texas does not. As a result, we can see a very basic economic principle at work: Talent and capital always will flow toward higher returns.**"}
{"_id": "393986", "title": "", "text": "&gt; apps that listen to you speak and then you see ads  FYI, this has never been verified by anyone.   Here's an article: http://www.webpronews.com/facebook-listens-2015-02/  The rumor got started on reddit, what many of these people probably didn't realize is that they were simply the victim of high-end marketing.   The capability technically exists, but it wouldn't make any sense to run advertising based upon someone's conversation. You'd need some context to run that advertising. Plus, voice recognition isn't great for things like brand names."}
{"_id": "393987", "title": "", "text": "I use the following method. For each stock I hold long term, I have an individual table which records dates, purchases, sales, returns of cash, dividends, and way at the bottom, current value of the holding. Since I am not taking the income, and reinvesting across the portfolio, and XIRR won't take that into account, I build an additional column where I 'gross up' the future value up to today() of that dividend by the portfolio average yield at the date the dividend is received. The grossing up formula is divi*(1+portfolio average return%)^((today-dividend date-suitable delay to reinvest)/365.25) This is equivalent to a complex XMIRR computation but much simpler, and produces very accurate views of return.  The 'weighted combined' XIRR calculated across all holdings then agrees very nearly with the overall portfolio XIRR. I have done this for very along time.  TR1933 Yes, 1933 is my year of birth and still re investing divis!"}
{"_id": "393991", "title": "", "text": "I don't actually think it's cheating.  I'm just pointing out that his own logic is internally inconsistent.  He's calling Lance a cheater for allegedly taking outside substances, and then doing the same thing himself.  Maybe he'll have a little empathy?"}
{"_id": "393994", "title": "", "text": "It's slightly more complicated than that. Usually a country that was in Greece's situation would be able to use inflation to devalue their currency which would have the effect of lowering the value of the government's debts and also of making Greek prices more competitive in the international market. Or they could use quantitative easing to inject cheap cash into the economy to help stimulate it. Because Greece is on the Euro, however, they have no control over their own currency and their options are highly limited. Additionally, when you join the EU, especially the Eurozone, that's supposed to come with additional internal responsibilities, but it's also supposed to come with additional external ones as well. Greece has a responsibility to get its shit together, but the whole point is that more financially stable countries have a responsibility to help them. Right now that means Germany; they're the ones with the greatest control over the Euro and they're shying away from their duties. If the rest of Europe didn't want to risk ending up in this position they shouldn't have let Greece into the Eurozone."}
{"_id": "394058", "title": "", "text": "Yes, I'm from NJ, and know people who attended Curtis as well as Julliard.  Julliard students are elite, I get it.  My point really was that I don't eliminate someone from consideration based on a degree, or even the school they attended (baseline being an accredited school in a recognized major).  In fact, for a C-level position, I would be interested in them having business/legal chops *and* deep understanding of technologies critical to the line of business.    Regarding UGA... I'm a Georgia Tech guy and my daughter is a graduate, so in this case she would have to overcome the stigma of attending UGA."}
{"_id": "394059", "title": "", "text": "\"You'll need to read carefully the German laws on tax residency, in many European (and other) tax laws the loss of residency due to absence is conditioned on acquiring residency elsewhere. But in general, it is possible to use treaties and statuses so that you end up not being resident anywhere, but it doesn't mean that the income is no longer taxed. Generally every country taxes income sourced to it unless an exclusion applies, so if you can no longer apply the treaty due to not being a resident - you'll need to look for general exclusions in the tax law. I don't know how Germany taxes scholarships under the general rules, you'll have to check it. It is possible that they're not taxed. Many people try to raise the argument of \"\"I'm not a resident\"\" to avoid income taxes altogether on earnings on their work - this would not work. But with a special kind of income like scholarship, which may be exempt under the law, it may. Keep in mind, that the treaty has \"\"who is or was immediately before visiting a Contracting State a resident of the other Contracting State\"\" language in some relevant cases, so you may still apply it in the US even if no longer resident in Germany.\""}
{"_id": "394061", "title": "", "text": "Humans are born to be naturally communicative. We love our friends who will chat with us. When we join dating websites. Our website is 100% free dating websites can be a lot of fun. Even if you are looking for a serious relationship and housewife sex. It doesn't mean you are desperate about finding the love of your life. Notwithstanding it may be the main purpose of others. People you meet from free dating sites can truly be your companion or friends."}
{"_id": "394066", "title": "", "text": "\"More perspective on whether buying the stock (\"\"going long\"\") or options are better. My other answer gave tantalizing results for the option route, even though I made up the numbers; but indeed, if you know EXACTLY when a move is going to happen, assuming a \"\"non-thin\"\" and orderly option market on a stock, then a call (or put) will almost of necessity produce exaggerated returns. There are still many, many catches (e.g. what if the move happens 2 days from now and the option expires in 1) so a universal pronouncement cannot be made of which is better. Consider this, though - reputedly, a huge number of airline stock options were traded in the week before 9/11/2001. Perversely, the \"\"investors\"\" (presumably with the foreknowledge of the events that would happen in the next couple of days) could score tremendous profits because they knew EXACTLY when a big stock price movement would happen, and knew with some certainty just what direction it would go :( It's probably going to be very rare that you know exactly when a security will move a substantial amount (3% is substantial) and exactly when it will happen, unless you trade on inside knowledge (which might lead to a prison sentence). AAR, I hope this provides some perspective on the magnitude of results above, and recognizing that such a fantastic outcome is rather unlikely :) Then consider Jack's answer above (his and all of them are good). In the LONG run - unless one has a price prediction gift smarter than the market at large, or has special knowledge - his insurance remark is apt.\""}
{"_id": "394069", "title": "", "text": "All Climate Solutions Provides ducted heating repairs and services in Melbourne. We have the fully-qualified team to conduct accurate and personalised repairs and servicing on a wide range of unique heating systems. We also deliver a lasting aftercare experience for our customers."}
{"_id": "394088", "title": "", "text": "An article came out today saying Amazon asked those four for a level 2 proposal. I don't know how accurate it is or not.  I'd also assume somewhere in California would work too but there are a few negatives for that area like taxes.  That being said they already have a large presence in all of these places. DC would make sense for the Eastern tri state area and the federal government.  Nexus to customers is another biggie but they're mostly covered there. Then you have appetite and capacity for new tech for drones, space and driverless vehicles among others. Employees and customers in this context are interchangeable. Their top customers would be their best employees and vice versa.   Amazon will need to continue to shift the paradigm if they want to maintain momentum.  They're not really limited in where else they can build so as I think about it HQ2 needs to be somewhere that has something nowhere else has."}
{"_id": "394093", "title": "", "text": "\"I have seen the notation KTB written on documents in the place where you put an identifying number of some kind. It stands for Known to Branch and means the tellers recognize you. It's been written on documents of mine when I was depositing cheques large enough that someone else had to come and initial the transaction, and I presume that some people might have also had to show extra ID, but I didn't.  Just a month or so ago I was in line behind an old man at a branch where everyone has to put their card in and enter a pin to do transactions. I heard him tell the teller \"\"I don't have a card. Never did. Don't hold with that.\"\" Another teller came by and said something quietly to the teller (I presume it was \"\"that's old Mr Smith, we all know him\"\") and the transaction appears to have taken place without any ID being passed across the counter.  So yes, at least in Canada, if the tellers recognize you, the requirements for ID are less than you might think. It's a bit of a long con to spend 25 years going into a branch and conducting all your business under a particular name, just so you can do a transaction or two without ID, though :-)\""}
{"_id": "394096", "title": "", "text": "\"&gt;What? I can literally look at a list of individual salaries (I know they are self reported but nobody has a reason to lie about this) that is broken down on a year-by-year basis. The school literally gives you all of the information. How is it naive to believe its true? I'm sure this is the case at most state schools.   **ALL** the information?  My foot.  Do you know what \"\"confirmation bias\"\" (or even more appropriately [\"\"selection bias\"\"](http://en.wikipedia.org/wiki/Selection_bias) and [\"\"survivor bias\"\"](http://en.wikipedia.org/wiki/Survivorship_bias)) implies? How about \"\"cherry picking\"\" of data?  What about all of the graduates with X degree who are NOT working in that field?  Unless you have a FULL listing of ALL previous graduates and what they ALL went on to do (and whether they succeeded or failed, an \"\"initial\"\" job is meaningless if they could not sustain a career in the field) -- or absent a full listing, at least an objective and independently derived *true* random representative sample (IOW, not just \"\"selection bias self-reports\"\") then you are getting a list of only the \"\"successes\"\"... and virtually ANY school can give you that. (Even the worst schools have an occasional graduate {or a few dozen} that go on to some significant success, even if just a few % of the alumni.)\""}
{"_id": "394119", "title": "", "text": "All they care about right now is market share. The profit will come later (see Facebook for example).   Or better yet, read about the marshmallow experiment (wiki:  https://en.wikipedia.org/wiki/Stanford_marshmallow_experiment).  The same rationale is why Uber, Lyft, Tesla and all of these other tech companies are valued so high.   That being said, I do not know that Snap, Inc. will be a success. I'm just saying that it's naive to say that Evan is a fool. For all we know, he's creating the next AR (insert buzzword) technology. We don't know."}
{"_id": "394120", "title": "", "text": "\"I mean, I guess you could technically call it that, but that's pretty stretching it I would say, considering we're in the comments section for the article.   Under such a definition, calling someone else out on \"\"moving the goal posts\"\" with the intention to return to the original goal posts is itself \"\"moving the goal posts\"\", which just gets a little silly, plenty pedantic. And in the end, misses the point, which is to have a discussion about the article.\""}
{"_id": "394122", "title": "", "text": "I work for a private equity firm and recently graduated with a Master's of Finance from a top 20 B School. With that being said, I would not recommend the Master's as a path to PE or CF. You would be better suited to invest in a MBA from a target school. IB is very tough to get into with a MFin depending on the part/product of the bank you are targeting. Happy to answer more specific questions."}
{"_id": "394132", "title": "", "text": "Don't confuse fiscal conservatism with social conservatism. I like conservative monetary and business policy, but fully support letting individuals decide whether they want to get high, have a gay marriage, etc.  Now that I type this out, I guess I fit more into the libertarian category."}
{"_id": "394151", "title": "", "text": "If you download the historical data from Yahoo, you will see two different close prices. The one labeled 'Close' is simply the price that was quoted on that particular day. The one labeled 'Adj Close' is the close price that has been adjusted for any splits and dividends that have occurred after that date.  For example, if a stock splits 10:1 on a particular date, then the adjusted close for all dates prior to that split will have been divided by 10. If a dividend is paid, then all dates prior will have that amount subtracted from their adjusted quote. Using the adjusted close allows you to compare any two dates and see the true relative return."}
{"_id": "394154", "title": "", "text": "\"You manage this account just as any other account. \"\"Petty cash\"\" refers to accounts where the cash money is intended for ad-hoc purchases, where you store an amount of cash in your drawer and take it out as needed. However, other than naming it \"\"petty cash\"\", there's nothing petty about it - it's an account just as any other. Many choose to just \"\"deduct\"\" the amount transferred to \"\"Petty Cash\"\" account and not manage it at all. Here the amount matters - some smaller amounts can fall under \"\"de minimis\"\" rules of the appropriate regulatory authority. Since you told nothing about where you are and what your business is - we can't tell you what the rules are in your case. If you track the usage of this account (and from your description it sounds like you are) - then the name \"\"Petty Cash\"\" is meaningless. It's an account just like any other. Since you have an employee dealing with this cash you should establish some internal audit procedures to ensure that there's no embezzlement and everything is accounted for. You will probably want to reconcile this account more often than others and check more thoroughly on what's going on with it. Since its a \"\"personal finance\"\" forum, I'm assuming you're a sole proprietor or a very small business, and SEC/SOX rules don't apply to you. If they do - you should have a licensed accountant (CPA or whatever public accountancy designation is regulated in your area) to help you with this.\""}
{"_id": "394179", "title": "", "text": "Simply put, for a mortgage, interest is charged only on the balance as well. Think of it this way - on a $100K 6% loan, on day one, 1/2% is $500, and the payment is just under $600, so barely $100 goes to principal. But the last payment of $600 is nearly all principal.  By the way, you are welcome to make extra principal payments along with the payment due each month. An extra $244 in this example, paid each and every month, will drop the term to just 15 years. Think about that, 40% higher payment, all attacking the principal, and you cut the term by 1/2 the time."}
{"_id": "394191", "title": "", "text": "If this isn't a case where you would be willing to forgive the debt if they can't pay, it's a business transaction, not a friend transaction. Establish exactly what the interest rate will be, what the term of the loan is, whether periodic payments are required, how much is covered by those payments vs. being due at the end of the term as a balloon payment, whether they can make additional payments to reduce the principal early... Get it all in writing and signed by all concerned before any money changes hands. Consider having a lawyer review the language before signing. If the loan is large enough that it might incur gift taxes, then you may want to go the extra distance to make it a real, properly documented, intra-family loan. To do this you must charge (of at least pay taxes on) at least a certain minimal interest rate, and they have to make regular payments (or you can gift them the payments but you still won't up paying tax on the interest income). In this case you definitely want a lawyer to draw up the papers, I think. There are services on the web Antioch specialize in helping to set this up properly, and which offer services such as bookkeeping and monthly billing (aT extra cost) to make it less hassle for the lender. If the loan will be structured as a mortgage on the borrower's house -- making the interest deductible for the borrower in the US -- there are additional forms that need to be filled. The services can help with that too, for appropriate fees. Again, this probably wants experts writing the agreement, to make sure it's properly written for where you and the borrower live. Caveat: all the above is assuming USA. Rules may be very different elsewhere. I've done a formal intractability mortgage -- mostly to avoid gift tax -- and it wasn't too awful a hassle. Your mileage will vary."}
{"_id": "394195", "title": "", "text": "I disagree.  Employee pay has always been a budgetary line item to large business owners.  That's just the way it is.  Much of the reason for the decrease in the percent of revenue going to employees is because companies, nowadays, don't need to hire as many people.  Technology has reduced the number of employees most industries require while still maintaining or boosting productivity.  I think a more fair way of looking at these figures would be to look at the sum of both employee pay and capital expenses as a percent of revenue."}
{"_id": "394199", "title": "", "text": "It's a major problem in Chicago and it's not going away.  Part of the issue is that any meaningful change would be wildly unpopular for one side.  Many people &amp; families desperately rely on their pension payments.  There's no easy fix to such a huge gap in funding/structure.  Plus why have a hard conversation when you can talk about who's standing or kneeling during the national anthem?"}
{"_id": "394210", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://reason.com/archives/2017/07/11/the-myth-of-technological-unem) reduced by 90%. (I'm a bot) ***** &gt; Isn&amp;#039;t technological unemployment a real and serious problem? Non-economists of a quantitative bent fret about what we&amp;#039;re going to do when all the jobs go away-when, say, autonomous vehicles replace America&amp;#039;s 3.5 million truck drivers.  &gt; The gross figure of 1 percent of jobs lost per month is the relevant one for worries about technological unemployment.  &gt; One in which all jobs are protected, bureaucrats decide who gets subsidies and who doesn&amp;#039;t, and the economy slides, as France has, into stagnation and high levels of youth unemployment? Or one in which labor laws are flexible, individual workers decide their own futures, and the economy lifts up the poorest among us?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mupwx/the_myth_of_technological_unemployment/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~165476 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **worked**^#2 **know**^#3 **percent**^#4 **unemployment**^#5\""}
{"_id": "394226", "title": "", "text": "Theoretically, yes, you can only buy or sell whole shares (which is why you still have .16 shares in your account; you can't sell that fraction on the open market). This is especially true for voting stock; stock which gives you voting rights in company decisions makes each stock one vote, so effectively whomever controls the majority of one stock gets that vote. However, various stock management policies on the part of the shareholder, brokerage firm or the issuing company can result in you owning fractional shares. Perhaps the most common is a retirement account or other forward-planning account. In such situations, it's the dollar amount that counts; when you deposit money you expect the money to be invested in your chosen mix of mutual funds and other instruments. If the whole-shares rule were absolute, and you wanted to own, for instance, Berkshire Hathaway stock, and you were contributing a few hundred a month, it could take you your entire career of your contributions sitting in a money-market account (essentially earning nothing) before you could buy even one share. You are virtually guaranteed in such situations to end up owning fractions of shares in an investment account. In these situations, it's usually the fund manager's firm that actually holds title to the full share (part of a pool they maintain for exactly this situation), and your fractional ownership percentage is handled purely with accounting; they give you your percentage of the dividends when they're paid out, and marginal additional investments increase your actual holdings of the share until you own the whole thing. If you divest, the firm sells the share of which you owned a fraction (or just holds onto it for the next guy fractionally investing in the stock; no need to pay unnecessary broker fees) and pays you that fraction of the sale price.  Another is dividend reinvestment; the company may indicate that instead of paying a cash dividend, they will pay a stock dividend, or you yourself may indicate to the broker that you want your dividends given to you as shares of stock, which the broker will acquire from the market and place in your account. Other common situations include stock splits that aren't X-for-1. Companies often aren't looking to halve their stock price by offering a two-for-one split; they may think a smaller figure like 50% or even smaller is preferable, to fine tune their stock price (and thus P/E ratio and EPS figures) similar to industry competitors or to companies with similar market capitalization. In such situations they can offer a split that's X-for-Y with X>Y, like a 3-for-2, 5-for-3 or similar. These are relatively uncommon, but they do happen; Home Depot's first stock split, in 1987, was a 3-for-2. Other ratios are rare, and MSFT has only ever been split 2-for-1. So, it's most likely that you ended up with the extra sixth of a share through dividend reinvestment or a broker policy allowing fractional-share investment."}
{"_id": "394231", "title": "", "text": "Manifestation Miracle is an eBook containing 159 pages that can be considered as a personal development course. It has been especially designed to help people reach their desired goals no matter what they are. It was created by Heather Matthews who is a reputed life and energy coach and also a transformational speaker.https://manifestinglovetips.com/"}
{"_id": "394235", "title": "", "text": "\"&gt;When one says that \"\"corporations are people\"\", in a legal sense, they are saying that they have the ability to enter into binding legal agreements in a manner similar to people.   I would never use the words \"\"corporations are people\"\" to describe this. Corporations are legal structures given a legal status by government to facilitate the cooperation of labor, production and capital. By having this legal status provided by government, they can establish contracts and enforce them. In return, the corporation is subject to regulations and laws established by Government.   The simple fact of the matter is that if Government didn't have the authority to provide certain legal statuses to corporations, corporations wouldn't exist. As such, the relationship between corporations and government is symbiotic rather than adversarial (which the current Republican party seems to think - all we hear is how bad government is for business when businesses would not even exist without it). We the People control the government. If we wanted to, we could nationalize every corporation in this country and end capitalism as we know it. We basically did this in 2008 with the banks when capitalism was on it's death bed. Corporations can live or die by the hand of Government.    That doesn't sound like a process in which one concludes: \"\"corporations are people, my friends\"\".   &gt;If they are using it in any sense other than the legal sense, it's either hyperbole, ignorance, or pandering.  Romney never clarified what he meant by that statement and given the state of his campaign - one has to wonder.   &gt;Now, if you set yourself up as LettersFromTheSky, Inc  I have started my own business, I can confirm that my personal expenses (to keep me alive) such as food, car maintenance, rent, etc were not tax deductible but yet my day to day business expenses (to keep it alive) such as paper, wages, equipment, etc were.   Edit: Basically, I'm just trying to say that the tax code treats corporations and people totally different. As such, \"\"corporations are people, my friends\"\" is demonstrably false.\""}
{"_id": "394244", "title": "", "text": "Bid and ask prices are the reigning highest buy price and lowest sell price in the market which doesn't mean one must only buy/sell at thise prices. That said one can buy/sell at whatever price they so wish although doing it at any other price than the bid/ask is usually harder as other market participants will gravitate to the reigning bid/ask price. So in theory you can buy at ask and sell at bid, whether or not your order will be filled is another matter altogether."}
{"_id": "394266", "title": "", "text": "This is part of the reason that job hunting can get so frustrating for me. I often do get the feeling my resume sat in the database, was scanned for keywords, and when none were found over the hiring period I received the standard rejection email after 60 or 90 days. I wouldn't even mind a rejection email as long as it looked like an actual person wrote it and wasn't a template."}
{"_id": "394276", "title": "", "text": "I found out there is something called CDARS that allows a person to open a multi-million dollar certificate of deposit account with a single financial institution, who provides FDIC coverage for the entire account.  This financial institution spreads the person's money across multiple banks, so that each bank holds less than $250K and can provide the standard FDIC coverage.  The account holder doesn't have to worry about any of those details as the main financial institution handles everything.  From the account holder's perspective, he/she just has a single account with the main financial institution."}
{"_id": "394291", "title": "", "text": "&gt; Why shouldn't everyone pay the exact same price for the same services?  Because a rich person receives more benefit from government services.  A rich person will drive on more roads, be in more hospitals, visit more parks, and use more of the rules and amenities the government provides.  A rich person is more likely to call the cops while a poor person is more likely to have the cops called on them."}
{"_id": "394296", "title": "", "text": "If you are a Russian citizen a much easier and common solution would be a USD or EUR withdrawal from your Webmoney account to your Cyprus bank account. You will need to create a Webmoney account (www.webmoney.ru), get a primary certificate in your local Webmoney office in Russia (The list is available at the website), create WMZ (for USD) and WME (for EURO) accounts in Webmoney (done online). Then you can easily top up your Webmoney WMR (Rubles) account (created automatically) with Rubles, convert the sum into USD (According to the Webmoney rate, which is only slightly different from the official central bank rate) and then withdraw the money from your USD Webmoney account to your Cyprus bank account. The money will be transfered to your Cyprus bank account from UK Webmoney dealer. The transaction description would say that this sum is transfered according to the contract of sale of securities. This method prevents any Russian regulatory authorities from seeing your transactions. And the best thig in Webmoney is that they have stable exchange rates and they use classic currencies such as USD, RUR, EUR, etc. Webmoney also has WMG accounts (Gold) and WMX accounts (Bitcoin). Non-Russian residents can also open a Webmoney accounts. You can get one even in Cyprus, by the way:)"}
{"_id": "394298", "title": "", "text": "This can mean a few things to me.  Some of which has been mentioned already. It can mean one (or all) of the following to me: You take out a new credit card and transfer ALL other credit balances to it. (Only good if you destroy the others, this is a 0% offer, AND you plan on paying this card off furiously.) You do the loan thing mentioned earlier. You go to a credit consolidation service who will handle your paying your payments and you send them one payment each month.  (Highly discourage using them.  A majority of them are shady, and won't get do what they say they will do.  Check Better Business Bureau if you find yourself considering them as an option.) In the first two cases, you are just reducing the number of hands reaching into your bank account.  But keep in mind, doing this is not the same as paying off debt.  You can't borrow your way out.  You can do this as part of your plan, but do so CAREFULLY."}
{"_id": "394326", "title": "", "text": "\"For real. AAA treasury bonds are used a safe investment vehicle for the reason of \"\"its the US government, its safe\"\", which is pretty similar to the \"\"dude, who doesnt pay their mortgage?!\"\" line of thinking.      You got people dumping money into these derivatives and suddenly someone goes \"\"oh yeah you just bought a bunch of bad debt that should be rated 'junk'. Oops.\"\"\""}
{"_id": "394357", "title": "", "text": "Thousands of books and millions of hours of research result in different schools of economics with substantive disagreements about key tenets. That is prima facie evidence that economics is not hard science. The scientific economist does not take into account that what he is studying is the aggregate of billions of decisions made by sentient individuals.   Keynesians and monetarists all missed the dotcom bubble. They all missed the real estate collapse that triggered the great recession. Austrian economists predicted both."}
{"_id": "394373", "title": "", "text": "In some cases, we when we see an opportunity to save our clients money, without risking valuable coverage or diminishing benefits, we make certain recommendations for more affordable life insurance. One of these strategies is laddering (or layering) term lengths, or term maturities. The strategy is simple. While most people who are considering longer terms, such as 20 or 30 year term, purchase a single policy to fit their needs, the laddering strategy has you purchase two policies totaling the same amount of coverage you currently need, but with a shorter length term mixed with the longer term. For example, instead of purchasing a 30 year term for $1 million dollars, you might purchase two policies for $500,000 each, one with a 15 year term, and the other with a 30 year term. The result is typically a savings of 15%-25% on your term life insurance. Just be aware that the plan going in is to let the first policy go (the one with the shorter term length) when its level term has expired. For example in a 15 year term, the premiums will be guaranteed to stay level the first 15 years, and then increase every year thereafter. There is typically a sizable jump in rates in that 16th year. Clients often see rates increase 8-10 times or more. Therefore, it\u2019s important you understand that going in, and realize you will most likely let that first policy go when the premiums increase, leaving you with the second policy through the end of its (longer) level term. You can crunch some numbers with our laddering calculator: https://www.jrcinsurancegroup.com/term-life-insurance-laddering-calculator/"}
{"_id": "394374", "title": "", "text": "\"I am a healthcare compliance consultant making good money. I understand the logic behind ROI and education. I was trying to raise the point that choosing what to study is more than what you make when you're done with college or what the \"\"value\"\" of your degree is. Can't we value education intrinsically? Why does it have to be tied to ROI? Maybe the business sub isnt the best place for this debate, but I think its important.\""}
{"_id": "394384", "title": "", "text": "No economic model uses a 1 term game. They are pretty much either games until infinity or close enough, with only the final game having incentives for acting selfish.   The classic non cooperative behaviour is prisioners dilema and everybody is worse off because they tried to be selfish. The problem is fixed by cooperation."}
{"_id": "394418", "title": "", "text": "\"My guess would be that they sell your debt to a collection agency and don't really bother with pressing charges for 500 dollars.  A collection agency can do multiple things to hold you accountable for your debt. I hate to bring it to you but it only makes sense that you should try to resolve this debt given that \"\"not being careful enough\"\" is not facebook's responsibility. I also assume they won't let you run any further ads on the same credit card. Edit: What you could possibly do is call facebook and be honest with them, tell them it was an accident and that you can't pay the current amount. Maybe they'll waive the debt or give you a settlement offer.\""}
{"_id": "394420", "title": "", "text": "\"Seriously. What does this mean? My understanding of how they calculated unemployment figures was by the number of new and ongoing unemployment claims being filed. \"\"Dropped out\"\"?? Does that mean they died, or exhausted their benefits? People don't just STOP looking for work, and ANNOUNCE it, do they?\""}
{"_id": "394429", "title": "", "text": "Hmm didn't expect downvotes for stating that QNX is technically one of the best.   It is used in Nuclear power stations, the shuttle robot arm , in Ciscos top of the line carrier grade router (CRS1 using IOS XR),  amongst many other applications especially within infotainment in the automotive sector.   http://www.qnx.com/  It's a great asset that they bought at a good price. I have worked in embedded computing for 20 years in the corporate world, I have specified and used pretty much any OS you care to name, this is a great one with its transparent IPC, high availability manager, user mode drivers,  etc.  Please don't connect QNX with what you see on the blackberry phones because it's not the same OS."}
{"_id": "394454", "title": "", "text": "\"First a quick terminology correction: I believe you're proposing selling 10,000 shares of the stock of a company, not \"\"10,000 stocks\"\". When you sell, you need to decide whether you're selling for a specific minimum price or just selling for whatever price you can get. If you set a specific lower limit on asking price, then if people aren't interested at that price it doesn't sell. Which may mean you sell only a few shares, or none if your asking price isn't considered reasonable. If you want to sell independent of price, then as you begin to flood the market with your shares, the price you get per additional share may decline until it finds a buyer. What that lower limit is will depend on what people think the stock is currently worth. This is one of the many complications I don't want to deal with, which is why I stick with index funds.\""}
{"_id": "394460", "title": "", "text": "\"Rather than trying to indirectly game your credit score, I would instead shop around and see if there are other lenders that will pre-qualify you with your credit the way it is today.  BofA and other large banks can be very formulaic in how they qualify loans; a local bank or credit union may be more willing to bend the traditional \"\"rules\"\" and pre-qualify you.   I'm thinking about using FHA. If you can put 20% down then a conventional mortgage will likely be cheaper than an FHA loan since FHA loans have mortgage insurance built-in while conventional mortgages typically don't require it if you borrow less than 80% of the house's value.  I would shop around before jumping to an FHA loan.\""}
{"_id": "394467", "title": "", "text": "\"The best thing to do is to completely pay off one credit card, then apply the left over to the highest interest card. After that, ALL of your expenses that can be put on a credit card, should be put on the one that you just paid off. At the end of the month, pay off a different credit card and the highest interest, and move all your purchasing to that card. Keep going around the circle until you are able to pay them all off. Doing this will be good for your credit score as the debt on the cards will now be \"\"new\"\".  If you're really desperate to increase your credit score (e.g. refinancing a house) you can use balance transfers to temporarily make it appear that you have zero debt but it will cost you some money, typically balance transfers cost something like $35 + 2%.\""}
{"_id": "394471", "title": "", "text": "1.) The majority of credit and loans do not go to publicly traded companies.   2.) Companies can and do trade commodities with paper.   3.) Can't keep up with all the crazy you are spouting.   Smart people lose their shirt in commodities all the time, it's not a fun place to play. If you really believe the majority of publicly traded companies are going to lose their value, then invest in them when they do. Money always has to go somewhere. Insurance, pensions, governments, businesses, don't like to just have cash sit there because nothing happens (you can point to Apple, etc but they're making acquisitions) anyways, they need to buy and sell and will always have to do it.   My last piece of advice, look up the Hunt brothers."}
{"_id": "394472", "title": "", "text": "\"Most of this is already regulated. \"\"Food\"\" specifically is exempt from taxes if it's done on premise and for the \"\"convenience of the employer\"\", whatever that means. See https://www.law.cornell.edu/uscode/text/26/119 Other benefits, such as commuter aid (public transport, parking) are tax free up to a certain limit (I think $255 for 2017) and any excess it taxable income. You can study the whole gory details at https://www.irs.gov/pub/irs-pdf/p15b.pdf\""}
{"_id": "394474", "title": "", "text": "Others have suggested paying off the student loan, mostly for the satisfaction of one less payment, but I suggest you do the math on how much interest you would save by paying early on each of the loans: When you do the calculations I think you'll see why paying toward the debt with the highest interest rate is almost always the best advice. Whether you can refinance the mortgage to a lower rate is a separate question, but the above calculation would still apply, just with different amortization schedules."}
{"_id": "394480", "title": "", "text": "\"In addition to telling the story, make sure it ends with a conclusion that answers the question \"\"so what?\"\"  You want to have an impact from each of your stories.  **Story makeup**  Situation + Task = 20%  Action + Result = 80%\""}
{"_id": "394484", "title": "", "text": "My suggestions would only save the country money and prevent at least 84,500 people - almost certainly much more from dying unnecessarily each year  (due to mortality amenable to health care) if the US had healthcare that was available to everybody and affordable *like almost all other developed countries do.*  They all literally think we are barbarians you know, largely because of people with opinions like your own."}
{"_id": "394486", "title": "", "text": "Of course the first reply would be an attempt to poison the well. Of course I'm not gonna engage.   Me, I'm still waiting for that concrete proof that's been promised for a almost one year already. Please, do remember to send it my way once it surfaces!   EDIT: I've received accusations and insults so far.   I'm still waiting for the incriminating paper, tape, video, log, whatever it is that is ACTUAL, concrete proof of interference to be sent my way.   I'm not talking about proof that Trump is a liar, that is known, or that Trump kept in touch with Russia, that is known.  I'm waiting for the concrete proof that Russia interfered in the election.   I'm not claiming there was none, i'm just waiting for the proof. Please times a million, someone share it with me."}
{"_id": "394515", "title": "", "text": "\"The mods have been alerted and are on watch.  PLEASE report the links yourselves for them.  I've also notified them that the \"\"breaks subreddit's rules\"\" option is broken -- not allowing you to pick the rule.  So feel free to use the spam option.  Either way it alerts them...and they've already taken action on the ones I just manually reported!  Thanks Mods!\""}
{"_id": "394525", "title": "", "text": "\"&gt; I really dont understand your argument man. Most people \"\"escape\"\" in alot of ways alcohol being the most popular why dont you find issue with this ?  I have an issue with people using any drug everyday. But most people don't drink and get drunk daily.   &gt; Im assuming u live in the la area as do i almost 60% of this state voted for legalization and 60% of our nation approves of legalzation according to polls  Yes, doesn't mean they are smart or right. Most Americans are retards. Honestly, I've seen and been around people from all countries and for as educated as Americans are, they are some of the dumbest and the easiest to manipulate and brainwash.  You have liberals living at home and can't move out that are ready to give almost their whole paycheck in taxes to a government that wastes tons of money and is plagued with corruption. Yet they think its okay to give them more and more when its not necessary and it doesn't benefit us very often.  &gt; There is absoulety no compelling evidence that suggests that mj is more dangerous than legal substances like tobacco and alcohol in fact quite the opposite. So i honestly have to say your stance is quite baffling i tend believe people like just dont personally enjoy mj.  Well if you open your eyes and see what is going on, this country has gone downhill over the past 20+ years. We are slowly heading in the direction of a 3rd world country. It won't be for a long time, but the people are getting poorer and poorer, everything is becoming more un-affordable, and people are being slaves to debt. In 3rd world countries they want you to be high all the time so you can't think, can't fight back, and keep quiet. I see that happening here and many people agree.  But to reply to what you said, things like alcohol have rules. You can't drink everywhere, you can't drink and drive, etc... There needs to be some rules for MJ.  I'm completely okay with medicinal use, but most people don't use it in that way.\""}
{"_id": "394549", "title": "", "text": "\"The company itself doesn't benefit. In most cases, it's an expense as the match that many offer is going to cost the company some percent of salary.  As Mike said, it's part of the benefit package. Vacation, medical, dental, cafeteria plans (i.e. both flexible spending and dependent care accounts, not food), stock options, employee stock purchase plans, defined contribution or defined benefit pension, and the 401(k) or 403(b) for teachers. Each and all of these are what one should look at when looking at \"\"total compensation\"\". You allude to the lack of choices in the 401(k) compared to other accounts. Noted. And that lack of choice should be part of your decision process as to how you choose to invest for retirement. If the fess/selection is bad enough, you need to be vocal about it and request a change. Bad choices + no match, and maybe the account should be avoided, else just deposit to the match.  Note - Keith thanks for catching and fixing one typo, I just caught another.\""}
{"_id": "394551", "title": "", "text": "\"add the interest for the next 5 payments and divide that by how much you paid on the principal during that time Let's see - on a $200K 6% loan, the first 5 months is $4869. Principal reduction is $1127. I get 4.32 or 432%. But this is nonsense, you divide the interest over the mortgage balance, and get 6%. You only get those crazy numbers by dividing meaningless ratios.  The fact that early on in a mortgage most of the payment goes to interest is a simple fact of the the 30 year nature of amortizing. You are in control, just add extra principal to the payment, if you wish.  This idea sounds like the Money Merge Account peddled by UFirst. It's a scam if ever there was one. I wrote about it extensively on my site and have links to others as well. Once you get to this page, the first link is for a free spreadsheet to download, it beats MMA every time and shows how prepaying works, no smoke, no mirrors. The second link is a 65 page PDF that compiles nearly all my writing on this topic as I was one of the finance bloggers doing what I could to expose this scam. I admit it became a crusade, I went as far as buying key word ads on google to attract the search for \"\"money merge account\"\" only to help those looking to buy it find the truth. In the end, I spent a few hundred dollars but saved every visitor the $3500 loss of this program.  No agent who dialoged with me in public could answer my questions in full, as they fell back on \"\"you need to believe in it.\"\" I have no issue with faith-based religion, it actually stands to reason, but mortgages are numbers and there's order to them. If you want my $3500, you should know how your system works. Not one does, or they would know it was a scam.  Nassim Taleb, author of \"\"The Black Swan\"\" offered up a wonderful quote, \"\"if you see fraud, and do not say 'fraud,' you are a fraud.\"\"  The site you link to isn't selling a product, but a fraudulent idea. What's most disturbing to me is that the math to disprove his assertion is not complex, not beyond grade school arithmetic.  Update 2015 - The linked \"\"rule of thumb\"\" is still there. Still wrong of course. Another scam selling software to do this is now promoted by a spin off of UFirst, called Worth Unlimited. Same scam, new name.\""}
{"_id": "394554", "title": "", "text": "Those are not formal positions.  Those are phony bullshit lines to motivate a rightwing base.   The guy was a globalist that didn't give a shit about those issues for 60 years.   You have been had. Like so many other people over the decades."}
{"_id": "394585", "title": "", "text": "\"There will not be enough money to fill the holes that are caused by banks' easy money policies combined with the trillions in derivative \"\"hedges\"\" that the banks have off-balance sheet.   The idea is that the chain reaction collapse of the European banking system can be avoided by plugging the holes in the dam in Spain, Italy, Greece, Portugal and Ireland. But it is a crazy idea. Next comes France, and then what? At some point there is not enough money to plug the holes and the entire facade collapses anyways.  Adults would dismantle the Eurozone now and let each country see to itself. Let the banks collapse. Capital (in the form of dollars, gold, etc) will reappear and means will evolve rapidly to connect capital with people who need loans for business.   Consumer loans are going the way of the dodo bird.\""}
{"_id": "394595", "title": "", "text": "\"No, his theory didn't get \"\"dinged\"\"; a single professor, Richard Sutch of the University of California-Riverside, thinks that one of the paper's data comparison techniques is questionable but given the paucity of good data from earlier periods in history a method had to be chosen and was.\""}
{"_id": "394597", "title": "", "text": "Sell a product of $4 w/ COGS of $10, corner the market by driving out competition for a majority in market share, raise the price or squeeze supplier's margins by either lowering BOM or delaying terms from 30 to 360, then voila, big sustainable business.     You must be delusional if you think Amazon did otherwise. They used the above strategy for both their retail and their AWS. Their Lab126 did the exact same thing.  You clearly showed you don't understand either growth equity or competition."}
{"_id": "394600", "title": "", "text": "Right. One thing I\u2019ve learned is that there is no such thing as a mild recession until long after it\u2019s over. The downturn in 2001-02 was the worst one since the Great Depression at the time, according to many reports. The same thing was said about the one in the early 90s. People who were around for the recessions in the early 80s and before that can probably say the same thing.   There will be another recession, probably soon, and it will probably be worse than people expect. Until another economic cycle comes and goes, then it won\u2019t be so bad anymore. I do think 2008 will persist for awhile as this cataclysmic event, much like 1929 did several generations ago."}
{"_id": "394610", "title": "", "text": "Dean's list every semester, graduated summa cum laude and was a Hamilton Scholar. He actually completed two undergrad majors in 4 1/2 yrs which incl. a semester studying abroad. He just graduated and entered the job market at the wrong time (just as the world economy crashed and no-one was hiring). He was Dean's list and graduated with honours for the MBA from a highly regarded Canadian University. Within 6 months he had an interview, followed by gov't tests and then his job offer. Didn't hurt that the Dean was one of his references."}
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{"_id": "394649", "title": "", "text": "\"This is a poor argument. If I could make $500 an hour but could only work 1 hour per week, I'd be broke and still \"\"more successful\"\" given your example. Salary divided by hours worked (or even effort for that matter) ignores economies of scale. Just because you're efficient on a per unit basis doesn't mean you have the same potential as someone else that can \"\"sell\"\" more units than you.\""}
{"_id": "394658", "title": "", "text": "The only card I've seen offer this on credit card purchases is Discover.  I think they have a special deal with the stores so that the cash-over amount is not included in the percentage-fee the merchant pays.  (The cash part shows up broken-out from the purchase amount on the statement--if this was purely something the store did on its own without some collaboration with Discover that would not happen). The first few times I've seen the offer, I assumed it would be treated like a cash-advance (high APR, immediate interest with no grace period, etc.), but it is not.  It is treated like a purchase. You have no interest charge if you pay in full during the grace period, and no transaction fee.  Now I very rarely go to the ATM. What is in it for Discover?  They have a higher balance to charge you interest on if you ever fail to pay in full before the grace period.  And Discover doesn't have any debit/pin option that I know of, so no concern of cannibalizing their other business.  And happier customers. What is in it for the grocer?  Happier customers, and they need to have the armored car come around less often and spend less time counting drawers internally."}
{"_id": "394702", "title": "", "text": "Duration is the weighted average time until all the cash flows of a fixed income security are received. There are a few different measures of duration but generally, duration measures the sensitivity of the price of a fixed income asset to a change in the yield of that asset. If you're familiar with calculus, duration is the first derivative of price with respect to yield.  Convexity is the sensitivity of the duration of bond with respect to changes in yield, or the second derivative.   The first chart [here](http://www.investopedia.com/terms/c/convexity.asp#axzz1x4F075zM) will help. Convexity measures the curvature of the blue or pink line, the steeper the curve the higher the convexity.   The more cash flows there are in a bond (higher or more frequent coupon) the lower the duration, because you are receiving more of your investment earlier as opposed to later (think time value of money). If a bond has one cash flow, meaning you get paid back only at maturity (zero coupon) then any changes in interest rates will have a greater impact on the price of the bond since you are discounting only one cash flow in the future. Think of buying a bond with no coupons and a 5% yield that matures in 5 years, or a bond with similar yield and maturity buy pays a coupon. If interest rates rise, the zero coupon bond's price will fall more than the bond with coupons. Why? Because if you own the zero coupon bond you have to wait 5 years to get your money back and reinvest it at the higher rate, while if you have the bond that pays coupons you can reinvest those incremental cash flows at the higher rate, even though at purchase they had the same yield and maturity.  These are both tough concepts that took me a fair amount of time to really understand. If you're investing in bonds or any fixed income asset, these topics are crucial to understanding interest rate risk."}
{"_id": "394708", "title": "", "text": "When it comes to marketing through social media, Pinterest has also become gained momentum in affecting advertising campaigns positively. The SMO companies offer reasonable Pinterest Activities Promotion Costs for advertising campaigns. The professional works closely with the esteemed clients and accomplish their requirements for increasing the website traffic. By using the latest techniques, the brands are promoted in a stylish way."}
{"_id": "394715", "title": "", "text": "Do what's outlined here. The capital asset pricing model will reveal how an asset (a stock in this instance) performed relative to the market performance for that time period. This by itself will answer your assignment's question but allowing you to traverse much deeper in the intricate details of the field. You'll learn a few interesting things on the way! Good luck :)"}
{"_id": "394734", "title": "", "text": "Employees were already cashing out their RSUs and selling stock on private markets.    &gt;Even if Facebook could resist, an eager army of Facebook employees is pushing hard for an I.P.O., according to Eric Eldon of TechCrunch. In 2008, Facebook adopted a new restricted stock program that prevented employees from selling their shares until an I.P.O. or a sale, or if Facebook permitted it.  They still could have stayed private if they really wanted to.  They were compensating employees in stock, and those employees wanted to cash out.  The underwriters wanted to cash out before the financials became open to public scrutiny."}
{"_id": "394740", "title": "", "text": "It may depend on the rental agreement you signed, some agreements may include clauses that allow for early termination so check your agreement carefully. Where there is an early termination clause included it will usually have some sort of notice period or financial penalty associated with it.  For example you may have to give a couple of months notice and pay rent up to the end of that period or be able to pay some sort of one-off penalty. As a more practical example I broke a US rental agreement early last Autumn and had two early termination options in my rental agreement: In my case we chose the second option since we were actually moving out of the country and it was easier to have our US finances completely settled. I'm now planning on breaking another agreement because I'm in the process of purchasing a property and the purchase will likely go through before the lease expires.  In this case the early termination clause requires 2 months notice i.e. we will have to give 2 months notice and pay rent for those two months (unless we are less than 2 months from the end of the lease). As @BrenBarn points out you should also check the laws for the jurisdiction your rental agreement is in to understand what your rights and options are if your agreement does not have an early termination clause"}
{"_id": "394748", "title": "", "text": "The Telegraph had an interesting article recently going back 30 years for Mutual's in the UK that had beaten the market and trackers for both IT and UT  http://www.telegraph.co.uk/finance/personalfinance/investing/11489789/The-funds-that-have-returned-more-than-12pc-per-year-for-THIRTY-years.html"}
{"_id": "394764", "title": "", "text": "&gt;Rather than follow its old model of providing parts subcontractors with detailed blueprints created at home, Boeing gave suppliers less detailed specifications and required them to create their own blueprints.  That sounds absolutely retarded, if not criminal from an engineering perspective."}
{"_id": "394768", "title": "", "text": "This is going to seem pretty far off the beaten path, but I hope when you finish reading it you'll see the point... Suppose someone offered you a part time job: Walk their dog once per day for at least 20 minutes, and once per week pick up the dog poo from their lawn. Your compensation is $300/month. Now suppose instead you are given two choices for a job: Your preference probably has more to do with your personality and interests than the finances involved."}
{"_id": "394791", "title": "", "text": "\"Platinum use is pretty heavily overweight in industrial areas; according to the linked Wikipedia article, 239 tonnes of platinum was sold in 2006, of which 130 tonnes went to vehicles emissions control devices and another 13.3 tonnes to electronics. Gold sees substantial use as an investment as well as to hedge against economical decline and inflation, with comparatively little industrial (\"\"real world\"\", as some put it) use. That is their principal difference from an investment point of view. According to Wikipedia's article on platinum, ... during periods of economic uncertainty, the price of platinum tends to decrease due to reduced industrial demand, falling below the price of gold. Gold prices are more stable in slow economic times, as gold is considered a safe haven and gold demand is not driven by industrial uses. If your investment scenario is a tanking world economy, for reason of its large industrial usage, I for one would not count on platinum to not fall in price. Of course gold may fall in price as well, but since it is not primarily an industrial use commodity, I would personally expect gold to do better in such a scenario.\""}
{"_id": "394793", "title": "", "text": "Long ago when I was applying for my first mortgage I had to list all my income and assets. At the time I had some US Savings Bonds from payroll deduction. I asked about them. The loan officer told me that unless I was willing/planning on selling them to make the down payment, they were immaterial to the loan application. So unless you have a habit of turning RSUs into cash, or are willing to do so for the down payment, it is no different from having money in a 401K or IRA: the restrictions on selling them make them illiquid."}
{"_id": "394814", "title": "", "text": "well, you know the problem lies with bonds maturing. The issue is not the function COMP but the security itself. You have to use existing total return indices that reflect a constant 10yr maturity position.      &gt;perpetually rolled the principal once the bond matured until the present?      That would mean your 10y becomes 7y, 5y, 3y, 1y, matured then you reinvest. Not the same.      Use SECF to find something like MLT1US10 Index or go to the IND page to see Merrill Lynch's bond indices. They're some of the best."}
{"_id": "394818", "title": "", "text": "&gt; Don't challenge me  Oh please. I challenge everything you've stated here including which if us has more knowledge and experience. Your reading comprehension is still awful; you continue to attribute opinions to me that I haven't expressed, and twisting opinions I have expressed to insinuate that I'm disagreeing with you on the few points we do agree on."}
{"_id": "394842", "title": "", "text": "This sounds like my dad in so many ways.    Rather than ask questions and listen to vagueness (or lies) from your dad, I suggest you ask to see financial, tax, and legal documentation.  Maybe speak to the accountant, lawyer, bank official - whomever - to see where checks were written, transfers, etc.  I'm really sorry you are in this situation, but there needs to be a major family meeting immediately.  Good Luck."}
{"_id": "394868", "title": "", "text": "You mean regarding Universal Basic Income.  Bus/taxi/autobody workers/factory workers/programmers/farmworkers...the list goes on. Automation/AI is deflationary, and a country with10-15% unemployment, and an opiod epidemic, a heroin epidemic (hello, Afghanistan) certainly should start addressing these issues.  Universal Basic Income is part of the solution to the problems caused by automation/AI."}
{"_id": "394871", "title": "", "text": "In general that's illegal. If you're a W2 employee, you don't miraculously become a 1099 contractor just because they pay you more. If your job doesn't change - then your status doesn't change just because they give you a raise. They can be sued (by you, and by the IRS) for that. Other issues have already been raised by other respondents, just wanted to point out this legal perspective."}
{"_id": "394872", "title": "", "text": "Yes, Lending Club is the biggest of the bunch, which to date have helped originate $1B of loans. LC just raised more money (bringing total to $100M) and Mary Meeker joined the board. There's a novelty aspect to it b/c it's new but it's just the beginning of parts of the banking industry/process/institutions being disintermediated.   Low vol is an easy sell, actually. If investors aren't being paid for risk, why assume it?"}
{"_id": "394886", "title": "", "text": "As far as trading is concerned, these forward curves are the price at which you can speculate on the future value of the commodity.  Basically, if you want to speculate on gold, you can either buy the physical and store it somewhere (which may have significant costs) or you can buy futures (ETFs typically hold futures or hold physical and store it for you).  If you buy futures, you will have to roll your position every month, meaning you sell the current month's futures and buy the next month's.  However, these may not be trading at the same price, so each time you roll your position, you face a risk.  If you know you want to hold gold for exactly 1 year, then you can buy a 1-year future, which in this case according to your graph will cost you about $10 more than buying the front month.  The forward curve (or sometimes called the futures term structure) represents the prices at which gold can be bought or sold at various points in the future."}
{"_id": "394892", "title": "", "text": "That may be true but on the flip side any monkey can increase security simply by preventing people from doing things. The people who are worth paying for are the ones that enable people who actually contribute to the core business to work as efficiently as possible without setting up roadblocks that provide incentive for bypass."}
{"_id": "394899", "title": "", "text": "Do an semi-online transfer. I had a similar situation where i had to transfer 5K USD to a commercial entity. You can request the publisher to give you their bank account details. You will need the SWIFT code of the bank( SWIFT code is a international code that each bank gets to transfer money) You will need bank account number, account name, bank address, address of the publisher. Then just walk into your bank with the above details. Note that you will have to visit a branch in your city that allows forex transfers. They will give you a set of forms to fill up. The above details will be needed to fill up these forms In addition to the above, you will be asked to fill up a purpose code maintained by RBI.  This code is used by RBI to understand the reason why you are transferring the money. The bank will provide you with a sheet which will have these codes and explanation of these codes. Read through the codes and in case of any questions ask the bank officials to help Tip: If you have accounts with any private sector banks, please approach them. Public sector banks will give you tough time  Hope this helps! Regards, Ravi"}
{"_id": "394905", "title": "", "text": "I don't buy new cars anymore, but I've helped family members negotiate prices on new cars recently. There are various online services to see the average price paid, as well as the low outliers. I've looked at truecar.com for instance to see what others have paid within 50 miles of my zip-code. I think the only way for you to know you're being offered a good deal is to see if any of the other dealers that have not responded are willing to talk when you offer them $22,300 which the dealer above suggested was break-even point. If none of them respond, then you know you're really at the bottom of the negotiating window. If one of them does respond, then you can go back to that internet sales manager and ask why another dealership (do not disclose which one) is willing to sell it to you for less than $22,400 (do not disclose how much lower they offered to sell it for).  In my experience, most dealers will sell at or just below the break-even price at the end of the quarter so that they can beat other dealerships out for the quota. That gives you a week and a half to find the bottom price before going in on New Years Eve to seal the deal."}
{"_id": "394906", "title": "", "text": "There is nothing right or wrong about this. On such a short goals, you are essentially saying you need $2700 in next 4 months to buy 3 items. Essentially you can have sub-goals to save $675 each month. As you already have some funds; you can go by priority buy the bed and then once you have more saved, buy the laptop and then buy the bed. If you buy the bed now, it means that you will have to wait more for the laptop. If the goals are further apart; say something in few months and something in few years, you would have to create to separate buckets to save and contribute proportionately to both the buckets."}
{"_id": "394912", "title": "", "text": "alabama vacation rentals  ---iTrip.net is a company that has revolutionized the way people book vacations, making the process easy and stress free. Due to our forward thinking and advanced online booking engine, we're able to provide quality vacations rentals and a lower price."}
{"_id": "394924", "title": "", "text": "Interactive Brokers advertises the percent of profitable forex accounts for its own customers and for competitors. They say they have 46.9% profitable accounts which is higher than the other brokers listed. It's hard to say exactly how this data was compiled- but I think the main takeaway is that if a broker actually advertises that most accounts lose money, it is probably difficult to make money. It may be better for other securities because forex is considered a very tough market for retail traders to compete in.  https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2Fpdfhighlights%2FPDF-Forex.php"}
{"_id": "394927", "title": "", "text": "actually he can sue for that as well.. it is just harder to prove. But if someone tries to do an end run around discrimination laws, and still hire  certain minorities but then treats them and only them like total crap until they quit. You could still sue, it is just a much harder case."}
{"_id": "394928", "title": "", "text": "This depends on if you're talking Secured credit card, or prepaid debit card. There is no separate category for secured credit cards in the IIN list; however, it is possible some of them are classified as debit cards (despite not being debit cards).  You may want to check with the issuer to verify this (and you can check the IIN, or the first 6 digits of the card number, in the list I link to above to verify).  However, prepaid debit cards are debit cards, and are less likely to be accepted for travel, rental car, hotel, etc. types of charges (where a hold, similar to a deposit, is charged to the account). This is one of the major differences between a prepaid card, such as the kind you top up at the grocer, and a secured credit card, where you deposit some money but separately pay back the amount you charge on the card (as a regular card). Secured cards are classified as credit cards, while prepaid cards are debit cards. As mhoran notes, it's possible your credit limit could be too low to allow a hotel, airline, or rental agency to allow a transaction, but otherwise it should be fine."}
{"_id": "394938", "title": "", "text": "Same here. I work with realtors on a weekly basis and they all have given me this advice: if you have parents/grandparents/rich uncle, etc., that might be leaving you money when they pass, swallow your pride and kindly ask for it now. Get into the market as soon as possible because this catch 22 is not going to change anytime soon."}
{"_id": "394941", "title": "", "text": "You're wise to consider mitigating risks considering your age and portfolio size, but 'in' and 'out' are so reductive and binary. Why not be both? Leave some in and let it ride, providing growth but taking risk. Put some in bonds, where it'll earn more than cash and maybe zig when stocks zag. I applaud you for calling the last two crashes, but remember: a lot of people called them. Jeremy Bentham called the dot com bubble *years* in advance - of course, he got out too early, and the investors in his funds suffered for it. Timing means getting the sell and the buy right, which very few can do. Hence my advice to hold a balanced portfolio or *if you really do have the golden touch* make use of that ability and get rich - no need to work a 9 to 5 if you can call market crashes accurately."}
{"_id": "394951", "title": "", "text": "Big problem in general, employers don't give a shit about you. It's almost like they're pissed at you they have to pay you what they do. Then when you've worked really hard and hoped you proved yourself you get a 15 cent raise. Gee, this whole new 5-10 extra dollars a check? Whatever will I do with that. If you have a problem with the job or the pay there's the door. Hardworking people get cut out because in a free market it's all who you know. You could work a job a year and be up for a promotion, but the boss has this buddy who's looking for a job. Less qualified than you but he takes your promotion and starts the job making more than you all because of who he knows. So basically stop working hard and just try and make friends. It's more worth your effort. Which is why Millenials nowadays are so entitled. They're looking for the first connection to give them a handout so they can be on top. Because they all think it's just a matter of who you know. So maybe stop being that asshole who makes hiring discussions based purely on friendship. It technically has no place in business."}
{"_id": "394952", "title": "", "text": "Thank you for sharing. I had a feeling it be a legal but soulless job. Unfortunately I have mouths to feed so I'll do what it takes. I just don't want to be fucked over from a startup company since I never worked for one."}
{"_id": "394958", "title": "", "text": "\"Of course, which is why you need to have a scoring function / utility function for the \"\"filters\"\", i.e. Are you going to value it by rate of accuracy hor by a metric where wins = +2, losses = -1, such that it uses a criteria like that to decide whether or not a filter adds value, (some even use a compound effect i.e. wins = 2+e^(1+w) where w is the consecutive wins).  A metric like the above would capture the trade off between predictive power and profit. Also some traders watch their Max DD very carefully so they may be very risk averse.\""}
{"_id": "394961", "title": "", "text": "\"at $8.50:  total profit = $120.00 *basis of stock, not paid in cash, so not included in \"\"total paid\"\" at $8.50: total profit = $75.00\""}
{"_id": "395006", "title": "", "text": "\"I've come to accept the fact that all these people that hark on and on about \"\"moving up the ladder\"\" topped out in pay years ago and have no real understanding that the world is shaped more like a pyramid.   You're not standing on a ladder with 3 people above you waiting to get on the roof and 3 under you waiting for the same. You're standing at the bottom of a pyramid with 3 people and only one of you makes that next step at which point two others are now standing waiting for the next step up and so on. Some move up quickly, others never do. And the situations are all different.\""}
{"_id": "395011", "title": "", "text": "\"I am not a lawyer nor a tax accountant, so if such chimes in here I'll gladly defer. But my understanding is:  If you're romantically involved and living together you're considered a \"\"household\"\" and thus your finances are deemed shared for tax purposes. Any money your partner gives you toward paying the bills is not considered \"\"rent\"\" but \"\"her contribution to household expenses\"\". (I don't know the genders but I'll call your partner \"\"her\"\" for convenience.) This is not income and is not taxed. On the off chance that the IRS actually investigated your arrangement, don't call any money she gives you \"\"rent\"\": call it \"\"her contribution to living expenses\"\". If you were two (or more) random people sharing a condo purely for economic reasons, i.e. you are not a family in any sense but each of you would have trouble affording a place on your own, it's common for all the room mates to share the rent or mortgage, utilities, etc, but for one person to collect all the money and write one check to the landlord, etc. Tax law does not see this as the person who writes the check collecting rent from the others, it's just a book-keeping convenience, and so there is no taxable transaction. (Of course the landlord owes taxes on the rental income, but that's not your problem.) In that case it likely would be different if one person outright owned the place and really was charging the others rent. But then he could claim deductions for all the expenses of maintaining it, including depreciation, so if it really was a case of room mates sharing expenses, the taxable income would likely be just about zero anyway. So short answer: If you really are a \"\"couple\"\", there are no taxable transactions here. If the IRS should actually question it, don't refer to it as \"\"collecting rent\"\" or any other words that imply this is a business arrangement. Describe it as a couple sharing expenses. (People sometimes have created tax problems for themselves by their choice of words in an audit.) But the chance that you would ever be audited over something like this is probably remote. I suppose that if at some point you break up, but you continue to live together for financial reasons (or whatever reasons), that could transform this into a business relationship and that would change my answer.\""}
{"_id": "395020", "title": "", "text": "WTF? Americans aren't saving enough for retirement as it is, SS is not going to be a viable way to fund retirement, and now they want to make it *harder* to put money away for retirement? We're getting pushed into a world where no one can retire but the job market is shrinking due to automation.  Want the American Revolution 2.0 with pitchforks and torches? Because this is how you get the American Revolution 2.0 with pitchforks and torches."}
{"_id": "395021", "title": "", "text": "No. There's no inherent reason to link the place that you bank with any other financial service. There may occasionally be benefits; for instance you can sometime get lower rates on mortgages or loans by having a a checking account with an institution. Or perhaps it'll be easier for you to make a same-day payment on a credit account. There could be some negatives as well. If you fall behind on a loan account, the bank may take money from your savings/checking account to satisfy your debt. Choose a bank or CU that's convenient to you. Choose a credit card from whatever bank or CU provides you with the best benefits. If that credit card is coming from a CU that requires a savings account for membership, open a minimum balance savings account and apply for the product you're interested in. If your credit is as good as you claim, they'll be happy to offer you the credit card regardless of whether you do your day-to-day banking with them."}
{"_id": "395030", "title": "", "text": "\"If it's as simple as constituent banks holding 3% of their stock at the FedResInk, why doesn't the FedResInk just publish an annual report of these banks and how much their paid for placing their 3% at the FedResInk?  Answer?  Because it's not that simple.  This is very much a \"\"pay no attention to the man behind the curtain\"\".\""}
{"_id": "395055", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [U.S. Homeland Security found SEC had 'critical' cyber weaknesses in January](https://www.reddit.com/r/politics/comments/71k03n/us_homeland_security_found_sec_had_critical_cyber/) on /r/politics with 65 karma (created at 2017-09-21 19:46:08 by /u/pipsdontsqueak)  * [U.S. Homeland Security found SEC had 'critical' cyber weaknesses in January](https://www.reddit.com/r/Economics/comments/71k06c/us_homeland_security_found_sec_had_critical_cyber/) on /r/Economics with 8 karma (created at 2017-09-21 19:46:25 by /u/pipsdontsqueak)  * [U.S. Homeland Security found SEC had 'critical' cyber weaknesses in January](https://www.reddit.com/r/news/comments/71k01m/us_homeland_security_found_sec_had_critical_cyber/) on /r/news with 11 karma (created at 2017-09-21 19:45:53 by /u/pipsdontsqueak)  * [U.S. Homeland Security found SEC had 'critical' cyber weaknesses in January](https://www.reddit.com/r/technology/comments/71jzz1/us_homeland_security_found_sec_had_critical_cyber/) on /r/technology with 1 karma (created at 2017-09-21 19:45:39 by /u/pipsdontsqueak)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "395068", "title": "", "text": "This was actually (sort of) possible a few years ago. The US Mint, trying to encourage use of dollar coins, would sell the coins to customers for face value and no shipping. Many people did exactly what you are proposing: bought hundreds/thousands of dollars worth of coins with credit cards, reaped the rewards, deposited the coins in the bank, and paid off the credit cards. See here, for example. Yeah, they don't have that program any more.  Of course, this sort of behavior was completely predictable and painfully obvious to the credit card companies, who, as far as I know, never let users net rewards on cash advances. They're trying to make money after all, unlike the Mint, which, uh, well..."}
{"_id": "395096", "title": "", "text": "\"There are a LOT of reasons why institutional investors would own a company's stock (especially a lot of it). Some can be: The company is in one of the indices, especially big ones. Many asset management companies have funds that are either passive (track index) or more-or-less closely adhere to a benchmark, with the benchmark frequently being (based on/exactly) an index. As such, a stock that's part of an index would be heavily owned by institutional investors. Conclusion: Nothing definitive. Being included in an equity index is usually dependent on the market cap; NOT on intrinsic quality of the company, its fundamentals or stock returns.  The company is considered a good prospect (growth or value), in a sector that is popular with institutional investors. There's a certain amount of groupthink in investing. To completely butcher a known IT saying, you don't get fired for investing in AAPL :)  While truly outstanding and successful investors seek NON-popular assets (which would be undervalued), the bulk is likely to go with \"\"best practices\"\"... and the general rules for valuation and analysis everyone uses are reasonably similar. As such, if one company invests in a stock, it's likely a competitor will follow similar reasoning to invest in it.  Conclusion: Nothing definitive. You don't know if the price at which those institutional companies bought the stock is way lower than now. You don't know if the stock is held for its returns potential, or as part of an index, or some fancy strategy you as individual investor can't follow. The company's technicals lead the algorithms to prefer it. And they feed off of each other. Somewhat similar in spirit to #2, except this time, it's algorithmic trading making decisions based on technicals instead of portfolio managers based on funamentals.  Obviously, same conclusion applies, even more so. The company sold a large part of the stock directly to institutional investor as part of an offering. Sometimes, as part of IPO (ala PNC and BLK), sometimes additional capital raising (ala Buffett and BAC) Conclusion: Nothing definitive. That investor holds on to the investment, sometimes for reason not only directly related to stock performance (e.g. control of the company, or synergies). Also, does the fact that Inst. Own % is high mean that the company is a good investment and/or less risky? Not necessarily. In 2008, Bear Stearns Inst Own. % was 77%\""}
{"_id": "395099", "title": "", "text": "\"I love the idea of #1, keep that going. I don't think #2 is very realistic.  Given the short time frame putting money at risk for a higher yield may not work in your favor.  If it was me, I'd stick to a \"\"high interest\"\" savings account (around 1%). I don't mind #3 either, however, I'd be socking whatever you could to mortgage principle so you can get out of PMI sooner rather than later.  That would be my top priority.  Given the status of interest rates, you may end up saving money in the long run.  I doubt it, but you may. If you choose to go with #3, don't settle for a house that you really don't like.  Get something that you want.  Who knows it may take you a year or so to find something!\""}
{"_id": "395100", "title": "", "text": "From the letter you link: Our performance, relatively, is likely to be better in a bear market than in a bull market so that   deductions made from the above results should be tempered by the fact that it was the type of year when we   should have done relatively well. In a year when the general market had a substantial advance I would be well   satisfied to match the advance of the Averages. Putting those two sentences together, the word relatively means that his funds perform better than the market in bear markets and perform about the same as the overall market in bull markets. It does not mean that absolute performance is better in bear markets than bull markets. Later on he states  This policy should lead to superior results in bear markets and average performance in bull markets."}
{"_id": "395111", "title": "", "text": "The 10yr bond pays coupons semi annually.  The yield % is what you would get annually if you hold the bond to full term.  The coupon payment won't be exactly 1.65%/2 because of how bond pricing and yields work.  The yield commonly quoted does not tell you how much each interest payment is.  You have to look at the price and coupon of a specific individual bond.  The rate you see is the market equilibrium yield at the present.      Example, I offer two different people two different bonds.  Joe buys a 10yr bond paying 5% coupons semi annually at a par value of $1000.  I charge him $1000.  Bob wants to buy a 10yr bond paying 10% coupons semi annually at a par value of $1000.  I charge him $1500 for this.   The yield is similar between the two (not equal due to math details but lets assume).  So at the end of 10 yrs, the two have roughly the same total amount of $.  Bob's paid more each year but he paid more up front.    This is why the federal govt can issue bonds with diff coupons and the market prices them so the yield rises/falls to the market clearing yield."}
{"_id": "395128", "title": "", "text": "\"To calculate the balance (not just principal) remaining, type into your favorite spreadsheet program: It is important that the periods for \"\"Periods\"\" and \"\"Rate\"\" match up.  If you use your annual rate with quarterly periods, you will get a horribly wrong answer. So, if you invest $1000 today, expect 6% interest per year (0.5% interest per month), withdraw $10 at the end of each month, and want to know what your investment balance will be 2 years (24 months) from now, you would type: And you would get a result of $872.84. Or, to compute it manually, use the formula found here by poster uart:   This is often taught in high-school here as a application of geomentric series. The derivation goes like this.  Using the notation :  r = 1 + interest_rate_per_term_as_decimal p = present value a = payment per term eot1 denotes the FV at end of term 1 etc.  eot1: rp + a   eot2: r(rp + a) + a = r^2p + ra + a   eot3: r(r^2p + ra + a) + a = r^3p + r^2a + ra + a ...   eotn: r^np + (r^(n-1) + r^(n-2) + ... 1)a = p r^n + a (r^n - 1)/(r-1)  That is, FV = p r^n + a (r^n - 1)/(r-1).   This is precisely what exel [sic] computes for the case of payments made at the end of each term (payment type = 0). It's easy enough to repeat the calculations as above for the case of payments made at the beginning of each term. This won't work for changing interest rates or changing withdrawal amounts.  For something like that, it would be better for you (if you don't want online calculators) to set up a table in a spreadsheet so you can adjust different periods manually.\""}
{"_id": "395132", "title": "", "text": "Now I remember why I don't read zero hedge.  Allow me to summarize:  1) lots of people who write articles said so   2) Brazil concluded a currency deal with the Chinese government.  Until China is willing to allow relatively free capital flows they just won't be able make it a major reserve currency.  If political risk in all major reserve currencies is a problem, gold provides a better option than a country with an even more interventionist streak than the countries you're worried about.  The final chart is just absurd.  I'll leave it as an exercise to the readeea ."}
{"_id": "395135", "title": "", "text": "Ugh, that makes me sick.  If he's teaching his students the same way he's teaching the reporter, then that just makes me ill.  He's just taught the reporter how to cheat the system by figuring out the right answer without ever doing the requested task or understanding the problem.  Instead of solving that simple algebra equation for one of the unknowns, he's taught the reporter to plug in some semi-random numbers (that happen to work out correctly in the original equation) and the check to see which of the offered answers works out when those same numbers are used.  You can see for the first attempt that the reporter chose v=1 and w=2.  That's why there's a check next to both (a) and (c) -- they both work with that pair.  Then the reporter was told to choose another point, and he chose the second most obvious --- v=4 and w=5.  That isolated solution (a).  The test is supposed to test an understanding of algebra, not an understanding of  basic math.  So when he says the system can be gamed, I guess he means he's helping students to game it.  Here's a news flash for you, Mr. Reporter: you're still bad at math, and that one-on-one session just made you worse."}
{"_id": "395139", "title": "", "text": "Your actual question has nothing to do with the technical issue of linking a PayPal account to a bank account. It is all about the accounting of the money. That is, what you claim as income and what you can prove to the taxman. Yes, you will need to separate the money. Linking to a business account is probably the way to go. From there, it is about how you keep track of the money and account for it.  How you do the accounting is a different question. So: No, it does not automatically become business income just because it goes into a business bank account. You still have to keep track of said income and claim it somewhere on some tax form(s). The point of the separate business account is to avoid the commingling of the the money which may lead to you losing the liability protection of an incorporation. The bank doesn't file your taxes for you."}
{"_id": "395142", "title": "", "text": "We can provide Tender Bid - Tender Bond on behalf of Contractors to get real estate projects and on behalf of Suppliers to avail worthwhile contracts from International buyers. Being a Tender Bid/Bond provider, we can provide these bonds worldwide. Contact us for your bond requirement."}
{"_id": "395152", "title": "", "text": "Sorry for your loss. Like others have said Debts cannot be inherited period (in the US). However, assets sometimes can be made to stand for debts. In most cases, credit card debt has no collateral and thus the credit card companies will often either sell the debt to a debt collector or collections agency, sue you for it, or write it off. Collecting often takes a lot of time and money, thus usually the credit card companies just sell the debt, to a debt collector who tries to get you to pay up before the statute of limitations runs out. That said, some credit card companies will sue the debtor to obtain a judgement, but many don't. In your case, I wouldn't tell them of your loss, let em do their homework, and waste time. Don't give them any info,and consult with a lawyer regarding your father's estate and whether his credit card will even matter. Often, unscrupulous debt collectors will say illegal things (per the FDCPA) to pressure anyone related to the debtor to pay. Don't cave in. Make sure you know your rights, and record all interactions/calls you have with them. You can sue them back for any FDCPA infractions, some attorneys might even take up such a case on contingency, i.e they get a portion of the FDCPA damages you collect. Don't pay even a penny. This often will extend or reset the statute of limitations time for the debt to be collectable. i.e Ex: If in your state, the statute of limitations for credit card debt is 3 years, and you pay them $0.01 on year 2, you just bought them 3 more years to be able to collect. TL;DR: IANAL, most credit card debt has no collateral so don't pay or give any info to the debt collectors. Anytime you pay it extends the statute of limitations. Consult an attorney for the estate matters, and if the debt collectors get too aggressive, and record their calls, and sue them back!"}
{"_id": "395161", "title": "", "text": "Hopefully some Economist will answer this question I have about ZeroHedge.   I see all these terrible news about the economy going to hell and the world economy is going to go into another great depression or some kind of disaster.   **How reputable is this source and should I take all the negative things so seriously? Are there any information that they are skewing?**"}
{"_id": "395168", "title": "", "text": "[My locator] told me that she was sorry but that she must have misunderstood and there was nothing she could do. Your locator owes you $300."}
{"_id": "395183", "title": "", "text": "Unemployment rate for the United States is at 4.4%. This is the lowest it has been since the year 2000 when it was 3.8%. This is at the same point as it was at the height of the housing boom.   So you are wrong, we do not need another housing boom to get our unemployment level back to that level, since we are there already.    As a nation, we are at full employment."}
{"_id": "395189", "title": "", "text": "Getting the correct remedy for your eyeglasses or contact lenses is a vital piece of good eye care. However, seeing obviously is only one a player in your general eye health. It's critical to have customary eye exams with an Optometrist in Barrington IL regardless of whether you wear eyeglasses or contacts, and regardless of the possibility that your vision is sharp. Settling on a choice about your eyewear goes past great vision and creates an impression about your identity. Your choice influences how you see and furthermore how you need to be seen by others."}
{"_id": "395208", "title": "", "text": "So I don't have any problems with your analysis or the comments associated with it. I just wanted to mention that no one is talking about taxes. Your answer....Figure out new portfolio breakdown and sell to 1.) Get money I need and 2.) re-balance the portfolio to my new target allocations is completely correct.  (Unimpeachable in my opinion.) However, when you calculate what you need to sell to meet your current cash needs make sure to include in that analysis money to pay taxes on anything you sell for a gain, or keep some invested to account for the tax money you would save by selling things for a loss.  The actual mechanics of calculating what these amounts are are fairly involved but not difficult to understand. (IE every situation is different.) Best of luck to you, and I hope your cashflow gets back up to its previous level soon."}
{"_id": "395234", "title": "", "text": "\"I feel like any \"\"mental health\"\" issue that can be solved in two days isn't the kind of thing that warrants missing work.  And if a person is just stressed the fuck out and needs to unwind a little, *just say that -* Tumblr already exists; we don't need more people self diagnosing their idiotic and pretend disorders.  On top of that, since everybody knows this isn't \"\"real\"\" in the way that alcoholism or depression is real (though I don't doubt something's bothering her) all this is is a big \"\"dear everybody, I can't really handle my job.  Remember me next time there's a layoff!\"\"  This has given everyone too much information, it's too much detail for her boss, and it's too fucking \"\"omg gimme hugs\"\" garbage for her CEO.\""}
{"_id": "395246", "title": "", "text": "Basically, all the same reasons you might not want to keep piles of your own country's cash, plus or minus the exchange rate question. Banks exist for good reasons. You probably want to use them unless you are explicitly playing the exchange rate game -- And if that's what you want, there are probably better ways to do it. If you need help not touching the money, CDs or other term accounts might give you enough disincentive. Or might not."}
{"_id": "395285", "title": "", "text": "\"Oh I know, just answering the guy's question. Hospitals in Quebec are run as an integral part of the Health Ministry; they are neither for-profit or non-profit, they outright belong to the government (though many have foundations that help them raise private funding as well). Not saying it's necessarily a better system, but I can understand the initial surprise at the concept of \"\"hospital companies\"\".\""}
{"_id": "395305", "title": "", "text": "\"&gt; Hahaha... there is a housing project directly across the street from me as I write this.  So you have a front row seat at the zoo.  That is not the same thing as living *among* the poor.  Petting your beloved downtrodden now and then to try to gin up some sense of personal nobility simply isn't the same thing as actually having been there and done that.  &gt; drug war, which disproportionately targets minorities  Yes, in the same way that speeding laws target people that drive too fast.   While I oppose the drug laws, the idea that they target the underclass is idiotic.  They target people that distribute drugs.  And isn't it fascinating that these poor, poor people, who have so little, for whom we  are to have such veerrrrrrry deep compassion, always manage to have money for cigarettes, beer, and dope.  &gt; but the Libertarian ideology only allows for one.  No. Libertarian ideology does not speak to the underlying reasons.  It merely refuses to allow the ends to justify the means.  &gt; Does society have any responsibility to help people who are trapped in a cycle of poverty and bad choices  No.  We as individuals do, but \"\"society\"\" does not.  \"\"Society\"\" is just another code word used by the self anointed Saviors Of Mankind (tm) as an excuse to pillage personal liberties in your neverending quest to seize power and and appear far more important and noble than you actually are.  &gt; The rich are rich for many reason  No, the rich are only that way for one of three reasons:  Theft, inheritance, achievement.  I've already stipulated that the first is always wrong whether by the rich or people like you than want to use a third party in government to execute the act.  The other two are none of your business.  &gt;There just as many reasons the poor are poor.   And just like the rich, this is also none of your business so long as you insist and trying to make me pay for your utopian wetdreams.  If you feel so very badly about this, pick up the tab yourself.  &gt; And nobody would be rich if we didn't have a functioning society,  That's true, and that's why EVERYONE, not just your hated rich, should be paying taxes and picking up a portion of the tab for running an orderly society.   The truth in all of this is that you and people like you do not trust your fellow citizens.  You believe yourselve to be morally superior to the rest of us and thus entitled to force us all to do what you want.  You don't trust the poor to be able to work their way up and you don't trust the integrity of the rich to do the right things with their money.   Buy, you noble few, *you're* the ones that know the perfect calculus of how to plan a society.  And so it has ever been:  Communist would work if they'd just put ME in charge.  Nothing made me despise your crowd more than having been poor.  You are condescending, smarmy, dishonest, willing to resort to virtually unlimited application of force, and generally clueless.  The most drug adled loser in the ghetto isn't remotely the threat to society that you are.\""}
{"_id": "395335", "title": "", "text": "AdrianaJewelry gives all types of earrings and present offerings. We deliver the best offer to customize jewelry and items including turquoise earrings, image rings, bracelet costs and plenty extra. We have personalized earrings to emerge as the top fashion in necklace and bracelet designs these days. You could buy a necklace with a name to provide as wedding ceremony party gifts. The possibilities with a call necklace are nearly countless. A Personalized jewelry for moms is certain to delight the character receiving it. We offer all styles of gold, silver and diamond rings in the international thru the net. Our merchandise are a number of the maximum wonderful and contemporaneous pieces of jewellery."}
{"_id": "395353", "title": "", "text": "There's nothing really there to comprehend.  Cost and demand are inversely proportional.  Boosting demand has the same effect as reducing costs.    Actually, there is something to comprehend.  People will use the appeal of central economic planning to funnel money to their pet projects.  Regardless of what that project is, the allocation of resources to it by artificial means throws off equilibrium in the entire economy."}
{"_id": "395357", "title": "", "text": "The way I would use it is, every trade done by a broker has a client side and a street side.  The client side is for their brokerage account, and the street side is whoever they traded with Say, John Doe calls me at Charles Schwab and wants to buy 100 IBM.  I look at the market and decide that the best execution is on Arca.  I trade on Arca for the client.  Then, I book a client side trade into his account, and a street side trade against Arca.  If I myself was a dealer in IBM and executed against my inventory, the street side would basically be internal, booking a trade against my account."}
{"_id": "395371", "title": "", "text": "I work for a Nissan dealership,  the lot is full of customer's Versas. Apparently they ran a risk of the passenger airbag randomly deploying. We are giving them all brand new loaners because the airbag won't be available until next year sometime. Crazy stuff...  Looks like subaru won't have nearly as many cars recalled."}
{"_id": "395376", "title": "", "text": "Withdrawing from your 401(k) may include a 10% withdrawal penalty. There are ways to avoid the withdrawal penalty for early disbursements. The idea is to reduce your interest expense by leveraging free loans (0% APR purchases). This will help you pay down your debt more.  If you have 0% APR on purchases, you can make purchases on things you already buy. Then use that money towards other debt, while making monthly payments on the 0% APR card. This way, you pay off the credit card before the 0% APR changes. You can then rinse and repeat on another 0% APR card offer. If your credit score is 800, you can do this multiple times. Citi Simplicity gives you 18 months 0% APR. Chase Slate and Chase Freedom gives you 15 months 0% APR. Others typically give you 12 months or less."}
{"_id": "395377", "title": "", "text": "Wanna know why? Like a year or two ago, corporate made all of the stores buy these stupid wood-smoked gas grills for like $15k each.  Many franchisees sued.  This is probably the fallout.  We still have the grills, we just don't put the wood in"}
{"_id": "395379", "title": "", "text": "I've kind of been there myself.  I stretched my finances for the deposit on a house, and lived off my credit card for a few months to build up what I was short on the deposit.  Add some unexpected car repairs, and I ended up with \u00a310k on the card.  The problem I had then was that interest on the card ran at around 20%, and although I could meet the interest payments I couldn't clear the \u00a310k. I simply went and talked to my bank.  In the UK there are some clear rules about banks giving customers a chance to restructure their debts.  That's the BANK doing it, not some shady loan-shark.  We went through my finances and established that in principle it was repayable.  So I got a 2-year unsecured loan at around 5%, cleared the card, and spent the next 2 years paying off a loan that I could afford.  My credit score is still aces. Forget the loan-sharks.  Talk to your bank.  If they're crap, talk to another bank.  If no bank is going to help you, consider bankrupcy as per advice above.  Debt restructuring companies are ALWAYS a con, no exceptions."}
{"_id": "395389", "title": "", "text": "&gt; Can you learn how to evaluate operations efficiency without working at McKinsey?  Of course, but what /u/aphorist212 isn't pointing out is the connections and influence that McKinsey alums in PE shops have. You hire someone from McKinsey not because they're smart, but because they know the right people.  Why is this important in a PE shop? Well connected people can find ways to position a failing business for potential deals that will make it more successful.  One other point: you don't need to turn that failing cafe into Starbucks. You just need to turn it into a cafe."}
{"_id": "395409", "title": "", "text": "This depends on what your definition of the word is is. Strictly speaking, you are only investing in a company when you buy stock from them somehow.  This is usually done during an IPO or a secondary offering.  Or, if you are someone like Warren Buffet or an institutional investor, you strike a deal with the company to buy shares directly from them.  Otherwise, your money goes to someone else. Merriam-Webster defines speculate as 1b: to review something idly or casually and often inconclusively However, it also defines it as: 2: to assume a business risk in hope of gain; especially : to buy or sell in expectation of profiting from market fluctuations  The typical use of the term stock speculation vs stock investing involves definition 1b.  This alludes to the idea that little to no research was done about the stock.  This may be due to a lack of time, interest, knowledge, etc., or it may be due to a lack of information.  The former usually has a negative connotation.  The latter may have a negative connotation, though usually the connotation is one of greater risk. Strictly speaking, definition 2 includes investing as you define it along with investing in securities/commodities."}
{"_id": "395413", "title": "", "text": "Stock Keeping Unit. An inventory item. In this case, an item on the menu. The commentor is saying that they have too many different dishes available. No one can be great at all things. When you have a lot of different dishes, one of two things have to happen: either you have a larger kitchen staff to handle the greater variety or the quality of your overall food declines. Applebees has chosen the second option."}
{"_id": "395432", "title": "", "text": "There's so much wrong in such a small space here...  Why do you think this is a component of working in government? Is it a component of working in the private sector? Non-profits? Military (Which is still government)?  If someone specializes in shale gas extraction commercial rate setting for the purposes of royalty calculation, why do they need to remember what it's like to be Joe Sixpack?  Why do NSA administrators who monitor foreign intelligence channels need to remember what it's like to bargain shop?  The argument is nonsense from the ground up.  At the same time, how is flying coach teaching them this *valuable* lesson? And why do you think they can't remember it without flying coach?  Plus, I'm not sure you understand what forms a bubble. I fly coach. I don't interact with anyone around me. And the government officials we're talking about are not so well compensated they don't have ordinary lives.  Instead, the concern you're really alluding to is that homogenous groups of professionals tend to develop institutional blind spots.  Flying coach won't solve that."}
{"_id": "395437", "title": "", "text": "I am also confused by what he says. The DJIA has not been at 900 for decades. However a $36 dividend is 4% per unit if you get $9 per unit per quarter. 2/3 of 4% is 6%,so that is inside his 7.5% to 5.5%. How much you have in dividend paying stocks vs. Bonds most often is a function of your age. For example, I have heard the advice of subtracting your age in years from 110 and that would be the percent you hold in dividend paying stocks. At age 30 you would have 80% in stocks. At age 60 you would be 50% in stocks. There are retirement funds that do this for you.  But the 'bottom line' all depends on your risk tolerance. I have a large tolerance for risk. So even though I am currently retired I only have 10% of my money in a 'safe' investment (ticker=PGF). It pays 5.5% per year.  The rest is in a leveraged junk bond fund (PHK) that pays 15.5% per year."}
{"_id": "395444", "title": "", "text": "Take some time and check out various audit destinations. Right now is an ideal opportunity to go out and really investigate these sewing machine accessories. Get on the telephone to your neighborhood sewing focuses and texture shops and locate the ones that may have the sewing machine you are searching for."}
{"_id": "395470", "title": "", "text": "nj used car dealers  --1800 Auto Land located on Rt. 22 in New Jersey, is one of NJ's premier Toyota car dealerships. You'll discover plenty of vehicles to choose from, so no matter the type of vehicle you're looking for we have something to fit your needs."}
{"_id": "395471", "title": "", "text": "Congratulations on getting started in life! John Malloy's (American) research suggests that you should take some time to get used to living on your own, make some friends, and settle into your community.  During this time, you can build up an emergency fund.  If/when the stock markets do not seem to be in a bear market, you can follow user3771352's advice to buy stock ETFs. Do you hope to get married and have children in the next few years?  If so, you should budget time and money for activities where you make new friends (both men and women).  Malloy points out that many Americans meet their spouses through women's networks of friends."}
{"_id": "395481", "title": "", "text": "If you do not need it for a day or a week or something like that, an easy thing to do to get the beta of a security is to use wolframalpha.  Here is a sample query: BETA for AAPL Calculating beta is an important metric, but it is not a be all end all, as there are ways to hedge the beta of your portfolio. So relying on beta is only useful if it is done in conjunction with something else. A high beta security just means that overall the security acts as the market does with some multiplier effect. For a secure portfolio you want beta as close to zero as possible for capital preservation while trying to find ways to exploit alpha."}
{"_id": "395483", "title": "", "text": "\"Whether you do decide to go with a tax advisor or not, be sure to do some research on your own. When we moved to the US about 5 years ago, I did find the taxes here pretty complicated and confusing.  I went ahead and read up all different tax documents and did some calculations of my own before hiring a CPA (at that point, I just wanted a second opinion to make sure I got the calculations right). However, when the office of the CPA was finished with my taxes, I found they had made a mistake! When I went back to their office to point it out, the lady just shrugged, corrected her numbers on the form and said \"\"You seem to know a lot about this stuff already. Why are you here?\"\" I swore to never use them again - not this particular CPA at least. Now, I am not saying all CPAs are the same - some of them are pretty darn good at their job and know what they are doing. All I am saying is it helps to be prepared and know some basic stuff. Just don't go in all blind.  After all, they are also humans prone to mistakes and your taxes are your liability in the end.  My suggestion is to start with a good tool that supports tax filing for non-residents. Most of them provide a step-by-step QA based tool. As you go through the steps, Google each question you don't understand. It may take more time than hiring a tax advisor directly but in the end it will all be worth it.\""}
{"_id": "395499", "title": "", "text": "\"I think you're asking yourself the wrong question. The real question you should be asking yourself is this:  \"\"Do I want to a) give my parents a $45,000 gift, b) make them $45,000   loan, or c) neither?\"\" The way you are talking in your question is as if you have the responsibility and authority to manage their lives. Whether they choose bankruptcy, and the associated stigma and/or negative self-image of financial or moral failure, or choose to muddle through and delay retirement to pay off their debt, is their question and their decision.   Look, you said that loaning it to them was out, because you'd rather see them retire than continue to work. But what if they want to continue to work? For all the stress they're dealing with now, entrepreneurial people like that are not happy  You're mucking about in their lives like you can run it. Stop it. You don't have the right; they're adults. There may come a time when they are too senile to be responsible for themselves, and then you can, and should, step up and take responsibility for them in their old age, just as they did for you when you were a child. But that time is not now. And by the way, from the information you've given, the answer should be C) neither. If giving or loaning them this kind of money taps you out, then you can't afford it.\""}
{"_id": "395506", "title": "", "text": "No, at least not noticeably so. The majority of what HFT does is to take advantage of the fact that there is a spread between buy and sell orders on the exchange, and to instantly fill both orders, gaining relatively risk-free profit from some inherent inefficiencies in how the market prices stocks. The end result is that intraday trading of the non-HFT nature, as well as speculative short-term trading will be less profitable, since HFT will cause the buy/sell spread to be closer than it would otherwise be. Buying and holding will be (largely) unaffected since the spread that HFT takes advantage of is miniscule compared to the gains a stock will experience over time.  For example, when you go to buy shares intending to hold them for a long time, the HFT might cost you say, 1 to 2 cents per share. When you go to sell the share, HFT might cost you the same again. But, if you held it for a long time, the share might have doubled or tripled in value over the time you held it, so the overall effect of that 2-4 cents per share lost from HFT is negligible. However, since the HFT is doing this millions of times per day, that 1 cent (or more commonly a fraction of a cent) adds up to HFTs making millions. Individually it doesn't affect anyone that much, but collectively it represents a huge loss of value, and whether this is acceptable or not is still a subject of much debate!"}
{"_id": "395520", "title": "", "text": "Generally speaking, granting rights to one bank account (e.g. making a joint account) does not extend rights to other accounts or otherwise let one joint owner create new obligations on the other owner (e.g. opening a line of credit that the other owner must pay for), except to the extent of the joint account.  I assume there are no UK rules that would change this feature. The other party can of course withdraw all the money without need for your approval.  This also means that the joint account could be exposed to all the creditors of either party.  If your account joint tenant has huge debts, the creditors could theoretically look to the joint account for satisfaction.  At least, that would be an issue under US law. Frankly, it may be simpler to get a separate account for the other person (if possible) and make transfers with online banking.  It could also make sense to get a rechargeable banking card, if those are in the UK, which works like a debit card and can be reloaded through various means (sometimes a call, sometimes online deposits, sometimes in physical stores).  There may be fees to getting such a card or a second account, of course.  The benefit is that the cardholder has no access to your account and you control recharging.  Such cards are widely available in the US to people who otherwise would not qualify for traditional bank accounts. Note also the FATCA complication with adding a US person to your account.  My understanding is that a number of non-US banks will simply close the accounts of Americans, rather than deal with FFI hassles under FATCA."}
{"_id": "395551", "title": "", "text": "Which will make previously unviable things viable, which will in turn drive up the price of oil. Not to deny your point but it does omit some key facts.  edit: And comparing home prices isn't really fair, I can't split your home up into barrels and ship it anywhere in any meaningful way though your price comparison is reasonable the rest of it is 'meh' at best."}
{"_id": "395561", "title": "", "text": "Well, to be fair they are saying that because many of the most effective antibiotics are not effective any more. It is a big deal in the hospitals, and very much on the radar as a serious health concern.    http://www.newscientist.com/article/dn21757-dont-let-up-in-war-against-antibiotic-resistance.html"}
{"_id": "395565", "title": "", "text": "you will start to see this from every country, as things get more global, countries are going to want to make sure people arent hiding taxes from the government while enjoying all the protections a state has to offer. Like military, intelligence, protection from unfair trade practices,.. heck look at the us gov going up to bat for exxon against chavez and exxon avoids paying taxes in the US on their profits, like most multi national corps.   states that see outlays straining against lack of revenues, and the distaste that comes from raising taxes, will go after those they think are avoiding them. No one really cares when you go after people hiding money."}
{"_id": "395572", "title": "", "text": "\"There is nothing in the prop 65 warning that says \"\"this product will give you cancer\"\". This is the text:  &gt;WARNING: This product contains chemicals known to the State of California to cause\u00a0cancer\u00a0and\u00a0birth defects\u00a0or other reproductive harm.  When was the last time someone claimed a parking garage gave them cancer?\""}
{"_id": "395577", "title": "", "text": "So would Uber change the algorithm so surges don't happen as easily, or leave things as they are an collect a cut of every increased fare?  Another option would be to try and encourage drivers not to game the system, either giving them incentives to stay logged in or penalize them for logging out and back in.  Then with any penalty or nerf to the algorithm would piss off drivers, and likely cause a real loss of drivers, making it easier to create surges anyways."}
{"_id": "395587", "title": "", "text": "I think he means you aren't legally obligated to show the receipt.  However, I'm not sure that store workers know the exact laws, and I don't know what your luck would be refusing to show them.  My guess is refusing would get you in an awkward argument and managers would be called and it wouldn't be worth the hassle compared to just showing the receipt in the first place."}
{"_id": "395590", "title": "", "text": "If you have enough money to buy a car in full, that probably means you have good credit. If you have good credit, car dealerships will often offer 0% loans for either a small period of time, like 12 months, or the entire loan. Taking a 0% loan is obviously more optimal than paying the entire lump sum up front. You can take the money and invest in other things that earn you more than 0%. However, most dealerships offer a rebate OR a 0% loan. Some commenters below claim that the rebate is usually larger than the saved interest, so definitely do the math if you have that option."}
{"_id": "395604", "title": "", "text": "Microsoft, one of the leading technology giants, released the much awaited .net core last year. ASP.NET has a notable position as robust and scalable development platform. ASP.NET developers around the world want to have a to more powerful and fresh ASP.NET framework to get their hands on."}
{"_id": "395650", "title": "", "text": "A moving average will act as support or resistance to a stock only when the stock is trending. The way it acts as support for instance is similar to a trend-line. Take the daily chart of CBA over the last 6 months: The first chart shows CBA with an uptrend support line.  The second chart shows CBA during the same period with 50 day EMA as a support.  Both can be used as support for the uptrend. Generally you can used these types of support (or resistance in a downtrend) to determine when to buy a stock and when to sell a stock. If I was looking to buy CBA whilst it was uptrending, one strategy I could use was to wait until it hit or got very close to the support trend-line and then buy as it re-bounces back up. If I already held the stock I could use a break down below the uptrend support line as a stop to exit out of the stock."}
{"_id": "395651", "title": "", "text": "Hahaha wake the fuck up kid.   I'm going to hit you with some deep shit here, I started off as an Technical Analyst at one of the largest banks in the world and quit after a couple of years because the work was boring, I then went on to work as Mobile/Web Developer again for a large enterprise however I did some startup work and freelancing in between, and if there is one thing I learned then it is that you gotta put in the hours to be successful and that it doesn't matter what your job is. If you want to make it you can't be one of the 9 to 5 wankers you need to do more, if you're good you'll do it in the regular time but if you're working in a decent firm chances are that your competition is tough and the extra time is a must to have a lead and maintain it."}
{"_id": "395674", "title": "", "text": "\"That's because college graduates are a dime a dozen and don't know shit, and insist on white collar jobs in which they do not labor.  An average highschool graduate will take a blue collar job and get paid handsomely for working up a sweat.  A clever one will learn a trade and get paid north of 40K/yr with less than two years experience.  Give the kid an associate's degree or an apprenticeship program and you can tack half again on top of that inside five years.  Getting degrees is a loosing proposition, and getting worse as everyone goes back to get a Master's degree because their Bachelor's is useless.  Learning a skill is a winning proposition.  If you want to stay out of debt, do not, *do not,* DO NOT \"\"go to college.\"\"  Get an associate's degree and get a job.  Many companies are so starved for skilled help they will guarantee employment to anyone who graduates with a related degree.  Work the job and take night classes to finish your bachelor's, preferably in a major related to your field of work.  Gain experience and demand higher pay.  Then get higher pay.   Laugh at the law school students with +100K in debt who will never earn enough to repay their loans.\""}
{"_id": "395677", "title": "", "text": "&gt;mostly due to negligible labor costs  That can be true for clothing and shoes, but why cannot the US make cheap electronic equipment, where the labor cost is negligible?  I know the answer to that. There was a time, in the 1970s, when assembling electronic equipment involved a lot of hand work. Chips were packaged into assemblies like the [JEDEC TO-5 package](http://electriciantraining.tpub.com/14186/css/14186_34.htm) where there was a lot of very small wires that had to be soldered by hand using a microscope. (I am an electronics engineer, graduated in 1979, that's why I know this)  Today electronic circuits are totally [made by robots](http://en.wikipedia.org/wiki/File:Juki_KE-2080L_by_Megger.jpg). The factories that went out of the US in the 1980s because of the labor costs have now been robotized. They are in countries where labor cost is not so significantly smaller by now than in the USA, like Taiwan, South Korea, or Singapore.  The US lost its competitive edge in electronics thirty years ago, and will not get it back without significant investment. Investment that will not be made, unless corporations get tax cuts in capital gains and depreciation."}
{"_id": "395686", "title": "", "text": "I think you're misunderstanding how tax brackets work. If you make $1 more and that bumps you into a higher bracket, only THAT particular dollar will be taxed at the higher tax bracket rate... Not your entire income.  Short term capital gains are treated as income.  Long term capital gains have a special tax rate currently."}
{"_id": "395690", "title": "", "text": "You have a small emergency fund.  Good! Be open about your finances with each other.  No secrets, except around gift-giving holidays. Pay off the debts ASAP.  Don't accumulate more consumer debt after it's paid off. I wouldn't contribute anything more to the 401k beyond what gives you a maximum match.  Free money is free money, but there are lots of strings attached to tax-advantaged accounts. Be sure you understand what you're investing in.  If your only option is an annuity for the 401k, learn what that is. Retire into something.  Don't just retire from something.  (Put another way: Don't retire.)  Don't wait until you're old to figure out what you want to retire into. Save like crazy before you have kids.  It's much harder afterwards."}
{"_id": "395693", "title": "", "text": "\"is there anything I can do now to protect this currency advantage from future volatility? Generally not much. There are Fx hedges available, however these are for specialist like FI's and Large Corporates, traders. I've considered simply moving my funds to an Australian bank to \"\"lock-in\"\" the current rate, but I worry that this will put me at risk of a substantial loss (due to exchange rates, transfer fees, etc) when I move my funds back into the US in 6 months. If you know for sure you are going to spend 6 months in Australia. It would be wise to money certain amount of money that you need. So this way, there is no need to move back funds from Australia to US. Again whether this will be beneficial or not is speculative and to an extent can't be predicted.\""}
{"_id": "395714", "title": "", "text": "&gt; One night I was invited to a dinner  Who invited him? Isn't that important? What were the circumstances that led to him a) being invited and b) being the kind of person that would make the wife beg for her husband to hire him?  If you choose to hang out with people that run in those kinds of circles, you're more than likely going to end up talking to some big wig. How is that luck?"}
{"_id": "395721", "title": "", "text": "\"It is your choice to have \"\"insignificant income\"\", and that has consequences.  One is that you cannot borrow money to purchase a home independent of your credit score.  In order to purchase a home you must also have the ability to repay in addition to a good history. IMHO your question suggest that you have a unrealistic outlook on life.  If you cannot come up with 10K, how can you afford a home?  What happens when the HVAC system goes out?  While I certainly hope you meet and exceed your goals, you can change your whole world by simply getting a job at a fast food restaurant.  When you are not working you can then do the entrepreneurship thing. Life is often a choice of priorities.  If you choose to \"\"back-burner\"\" the entrepreneur dream, for a time, and choose to focus on earning the best possible wage. Then perhaps you could afford to purchase a place of your own.\""}
{"_id": "395726", "title": "", "text": "Do you have a regular job, where you work for somebody else and they pay you a salary? If so, they should be deducting estimated taxes from your paychecks and sending them in to the government. How much they deduct depends on your salary and what you put down on your W-4. Assuming you filled that out accurately, they will withhold an amount that should closely match the taxes you would owe if you took the standard deduction, have no income besides this job, and no unusual deductions. If that's the case, come next April 15 you will probably get a small refund. If you own a small business or are an independent contractor, then you have to estimate the taxes you will owe and make quarterly payments. If you're worried that the amount they're withholding doesn't sound right, then as GradeEhBacon says, get a copy of last year's tax forms (or this year's if they're out by now) -- paper or electronic -- fill them out by estimating what your total income will be for the year, etc, and see what the tax comes out to be."}
{"_id": "395736", "title": "", "text": "Equifax and their problems aside:   Why do people generally get so mad about high executive pay yet celebrate (or at least not care about) very large professional athletes contracts for their services and endorsement deals? Isn\u2019t it basically the same thing? High performers get the big bucks, most people are average and get the average bucks."}
{"_id": "395737", "title": "", "text": "\"Depends on what you call a \"\"middle-class\"\" income.  My mom makes enough money so that my dad can stay home and they raised three kids on it.  We're not rich by any stretch of the imagination.  But I do believe it's over $100k.\""}
{"_id": "395759", "title": "", "text": "This is the section that I was referring to:  &gt;We are unable to build bridges, we're unable to build airports, our inner city school kids are not graduating.  &gt;I was just in France, I was recently in Argentina, I was in Israel, I was in Ireland. We met with the prime minister of India and China. It's amazing to me that every single one of those countries understands that practical policies to promote business and growth is good for the average citizens of those countries, for jobs and wages, and that somehow this great American free enterprise system, we no longer get it.  &gt;Corporate taxation is critical to that, by the way. We've been driving capital earnings overseas, which is why there's $2 trillion overseas benefiting all these other countries and stuff like that. So if we don't get our act together \u2014 we can still grow."}
{"_id": "395765", "title": "", "text": "College professor here. I often think about the fact that all the information I teach is available online. Students are paying a premium for my course- what of value do I bring?  **Filter** There is a lot of good information online, but there is also a lot of inaccurate information. I filter out inaccurate information.   **Structure** I organize material in a way that makes it easier to digest  **Elaboration** I provide context and examples. I'm able to explain complex topics in several different ways in case students don't get it the first time.   **Motivation** I explain *why* students need to learn something; I hold them accountable for deadlines.   **Social interaction** I get students to talk with one another and see material from multiple view points.   **Feedback** This is, in my opinion, the most valuable thing I provide to students, and I invest *a lot* of time in it. What are students doing well? What are they not doing well? How can they improve?  This doesn't mean intelligent, motivated individuals can't learn from online materials as well as in a classroom- I believe they can. But the classroom environment does provide some advantages over teaching yourself material online."}
{"_id": "395769", "title": "", "text": "\"Auto loans are secured agains the car.  \"\"Signature\"\" loans, from a bank that knows and trusts you, are typically unsecured. Unsecured loans other than informal ones or these are fairly rare. Most lenders don't want to take the additional risk, or balance that risk with a high enough interest rate to make the unsecured loan unattractive.\""}
{"_id": "395770", "title": "", "text": "\"Unless you can make an agreement with your landlord, your credit is on the bubble in this situation and it may be difficult to get the landlord to void the terms of the original agreement in lieu of a new one. I was burned by a similar situation when I was in college. I rented an apartment with my then \"\"best friend\"\". I sent my half of the rent in on time and he consistently skipped out on his. My credit took a blow to the tune of the shared liability just the same. Seriously seek to work something out with the landlord because it sounds like if things continue as they are, whether you move out or not, your credit will take a hit.\""}
{"_id": "395771", "title": "", "text": "Right. It couldn't have anything to do with the fact that the tax code is thousands of pages long and so complex that even most tax attorneys probably don't understand it in its entirety, let alone the average tax payer. There couldn't be *any* flaw in the system *except* that Bill Gates and Warren Buffett don't just fund the government all by themselves."}
{"_id": "395781", "title": "", "text": "\"Taking \"\"literature\"\" in a slightly more literal sense, if you like fiction and have a lot of time, Neal Stephenson's trilogy *The Baroque Cycle*, set around 1700, has as one of its main storylines the development of a modern currency and economical system in Europe. In particular, in the second book, *The Confusion*, one of the main characters does a role-playing exercise in finance (page 357) that covers similar ground to otherwiseyep's posts.\""}
{"_id": "395782", "title": "", "text": "They will not open an account if you come in wanting to open an account for a third party. Your sister will have to do it herself. Assuming she has a SSN and credit history to verify her identity, she'll easily be able to do it online, and use whatever address she wants to send mail to (she can have separate mailing and residence addresses). There are also Israeli institutions who provide investment accounts to Israelis with ability to trade in the US. That might be easier for her than having an account in the US and filing tax returns in Israel every year. Unless she evades taxes in Israel, that is..."}
{"_id": "395783", "title": "", "text": "This was the day traders dilemma. You can, on paper, make money doing such trades. But because you do not hold the security for at least a year, the earnings are subject to short term capital gains tax unless these trades are done inside a sheltered account like a traditional IRA.  There are other considerations as well: wash sale rules and number of days to settle.  In short, the glory days of rags to riches by day trading are long gone, if they were ever here in the first place.  Edit: the site will not allow me to add a comment, so I am putting my response here: Possibly, yes. One big 'gotcha' is that your broker reports the proceeds from your sales, but does not report your outflows from your buys. Then there is the risk you take by the broker refusing to sell the security until the transaction settles. Not to mention wash sale rules. You are trying to win at the 'buy low, sell high' game. But you have a 25% chance, at best, of winning at that game. Can you pick the low? Maybe, but you have a 50% chance of being right. Then you have to pick the high. And again you have a 50% chance of doing that. 50% times 50% is 25%. Warren Buffet did not get rich that way. Buffet buys and holds. Don't be a speculator, be a 'buy and hold' investor. Buy securities, inside a sheltered account like a traditional IRA, that pay dividends then reinvest those dividends into the security you bought. Scottrade has a Flexible Reinvestment Program that lets you do this with no commission fees."}
{"_id": "395786", "title": "", "text": "I am very familiar with the Bloomberg terminal service and agree that their info on securities &amp; markets, especially fixed income, is unparalleled.  However, their news and editorial departments espouse the viewpoints of Michael Bloomberg such as being permabullish in the face of data, pro gun control, pro immigration (legal+illegal), pro Israel, and pro Sunni monarchies (Saudi et al)."}
{"_id": "395796", "title": "", "text": "\"Sounds like my internship! I'm at a major bank and doing some back office stuff as well. I'm at work as I type this. No one really has anything for me to do, so I sit in my cubicle and read e-books and make DCF models for fun until I get a rare \"\"project\"\". I might as well learn something while I'm not doing anything, right?   Don't quit though. Maybe ask for more responsiblity. Or do what I do and use it to learn. Either way, you can make your internship sound good on a resume, especially if your employer has a good name.\""}
{"_id": "395800", "title": "", "text": "Or, are there specific types of investments we can make that won't count against college financial aid? Yes - Start saving for college.  You seem to be very willing to save for your own retirement and other investments but are willing to let your kids suffer through college loans and subsidies for college.   Invest in your children's education."}
{"_id": "395812", "title": "", "text": "This is where an insurance agent is very useful. They will help you choose appropriate coverage, based on local rebuilding costs, the build quality of your house (higher quality or historic/semi-historic construction requires a different type of coverage), etc. They can also help advise you on things like the need for flood insurance, etc. Local rules can vary, and the local agent will know about them. For example, we found out that my home was in a semi-historic district, which requires using higher-cost materials for reconstruction. Also, our city separately licenses tradespeople, who tend to be unionized and thus more expensive. Had I just picked default coverages, I would have been in a pickle in the event of a loss."}
{"_id": "395834", "title": "", "text": "\"Income tax wasn't a thing in the states until 1913 and that was by design. Just because a few guys in a room wrote it on a piece of paper doesn't mean it's justifiable and/or moral, in fact it makes it immoral because now millions of people who had no say in the matter are now subject to the consequences of not following the rules these few men wrote. Just as a mental exercise go to Google and type \"\"define taxes\"\" and read that definition I'm willing to bet there's 1 word in that definition that will stick out to you.\""}
{"_id": "395840", "title": "", "text": "If you exceed the income limit for deducting a traditional IRA (which is very low if you are covered by a 401(k) ), then your IRA options are basically limited to a Roth IRA. The Cramer person probably meant to compare 401(k) and IRA from the same pre-/post-tax-ness, so i.e. Traditional 401(k) vs. Traditional IRA, or Roth 401(k) vs. Roth IRA. Comparing a Roth investment against a Traditional investment goes into a whole other topic that only confuses what is being discussed here. So if deducting a traditional IRA is ruled out, then I don't think Cramer's advice can be as simply applied regarding a Traditional 401(k). (However, by that logic, and since most people on 401(k) have Traditional 401(k), and if you are covered by a 401(k) then you cannot deduct a Traditional IRA unless you are super low income, that would mean Cramer's advice is not applicable in most situations. So I don't really know what to think here.)"}
{"_id": "395842", "title": "", "text": "You are correct about the first two questions.  At the time it was last measured those were the percent invested in the Basic Materials sector for the ETF and its benchmark.  Note, this ETF will be significantly different from its benchmark as it is an equal-weight index rather than the more common capitalization-weighted index.  Meaning that this ETF could have materially different performance from its benchmark. The third column is the average sector weights of all the ETFs in Morningstar's Large Blend category.  These are ETFs that generally invest in a broad collection of large U.S. stocks and (weighted?) average of all of them will be generally fairly close to the benchmark."}
{"_id": "395858", "title": "", "text": "This is why beats headphones have failed so hard. No one actually wants to be seen wearing them, so in spite of them heing cheap and high quality people are turned off by the notion of having a bulky piece of branded hardware on their head. I can see why Apple decided not to buy the company."}
{"_id": "395906", "title": "", "text": "\"&gt;*\"\"Notes: National Economics Editorial (NEE) is a news site that purports to support Economic Nationalism. While NEE does cover some economic issues it is, as the name implies, mainly an editorial site. The opinions expressed in the stories cover current affairs with a pronounced right wing bias. NEE is, on the whole, long on rhetoric and short on factual content and credible sourcing. Due to the overt bias and lack of factual information, NEE is rated Questionable. (D. Kelley 3/29/2017)\"\"*   [Doesn't seem like a site that I'd trust for anything apart from predictable, far right, propaganda](https://mediabiasfactcheck.com/national-economics-editorial/)\""}
{"_id": "395907", "title": "", "text": "You're getting confused between several different things. 10K - cash transactions over $10,000 are reported to FinCEN under BSA. This is to prevent money laundering. IRS - IRS wants to see your tax return with all your income reported there. They don't see your bank deposits unless they audit you. 1 and 2 are not related at all."}
{"_id": "395912", "title": "", "text": "\"Using the Transfer category is the best place to put these categories, as that accurately reflects what the transaction is. If you have your credit card and bank account linked in Mint, the debit and credit to both accounts will net to $0 in the category.  I would not recommend using \"\"Hide from budget and trends\"\" as sometimes multiple (erroneous) transactions pop up and having a category that should but, in error, does not net to $0 will raise your attention to possibly duplicate transactions. You can ask Mint to always categorize certain transactions in certain ways. On any of your payments, if you click \"\"Edit Details\"\" and then select the Transfer category, you can ask Mint to always make that classification:\""}
{"_id": "395929", "title": "", "text": "\"Here's some way of thinking about it, and I'm not really sure if it's completely correct, but sometimes we oversimplify when trying to tell a five year old :)  Say there are two people in the world. You and me. We both have $100. A total of $200 in the world.  Suddenly, a wild bank appears. I deposit my $100 in the bank. I still have $100 and you still have $100. Now you want to buy something from me that costs $150. You go to the bank to loan money. The bank has $100 available so gives you $50. You give me $150. Now I have $250 and you are $50 in debt. I deposit the $150 in the bank.  We do this again and again, until I have $1000 on my bank account, and you are $900 in debt. I want to buy a house of $500 and go to my bank, demanding to take out $500. But there is only $200 in the whole world so the bank can only give me $200.  \"\"Money\"\" has been created out of thin air, but it's actually you who are in debt. If you go bankrupt, the bank has a big debt it won't get back, and is in deep shit when I come around to demand my money back. At that point governments step in to loan the bank money for cheap, because if the bank fails, I will lose all my pension savings I put into that bank, as well as my companies and a lot of my employees.  And other banks loaned this bank money, so if this bank fails, the other banks will be in the exact same position and will also fail, because then they will also have debts that won't be paid back.  There are regulations minimizing this - i.e. a bank is required to keep a percentage of the amount of money on its accounts, so there's a maximum limit of \"\"money created\"\".\""}
{"_id": "395936", "title": "", "text": "Actually making money as an uber driver is pretty difficult, doing it over the long term can cost more than you realize because of vehicle maintenance and gas. Very, very few uber or lyft drivers ive met have been doing it for 2+ years. Only one ive met has been doing it from the beginning.  In the beginning, it was a much better deal for drivers. Rates were much better. They have steadily declined to the point where it is noelw challenging to actually come out ahead in the long run.  I think thats what they were saying at least."}
{"_id": "395953", "title": "", "text": "Darling, if you are not a fan of Hillary (and the current DNC?), than why are you against Trump, who is not even career GOP politician?  Ok!  Let's talk to the point: tell me about Trump actions that you think negatively impact the USA. Go ahead!"}
{"_id": "395957", "title": "", "text": "Possible? Sure. The question is where do you plan on going to get the money and how well can you shop around to find the best rate for the loan. Banks and credit unions would be one option but I'd be curious as to how well do you know the various routes you could take."}
{"_id": "395974", "title": "", "text": "I manned the broil at an Applebees during my college years in a suburb city close to Charlotte NC. We would have 100 people eating at a time. We would cook so much cheap frozen steak it was incredible.   The food quality was atrocious. We were clean, it was just the corporate process around the stuff was nothing I would like to eat.  Microwaved Chicken Fettucini, boiled all you can eat ribs... just gross stuff."}
{"_id": "395980", "title": "", "text": "Well yeah, because for right or wrong people age 16-19 are young, idealistic, getting fed propaganda about fossil fuels (note I'm not saying it's right or wrong propaganda), and attracted to the shiny tech stuff.  Millennials are now older, and they are in the position where many realize their best bet at a decent life is in the O&amp;G industry or its support industries.  Things get different when you're an adult and have to make more and more real decisions for your life."}
{"_id": "395995", "title": "", "text": "\"Understood. But based on the OP, it's not categorically clear what they were refusing.   If they refused to quote the balance and/or refused to take a phone payment that was otherwise in keeping with the cardholder agreement (i.e., the cardmember called the correct number for phone payments and balance-checking, etc), then yeah, they were not only being unreasonable, but also violating the contract.   What I read as ambiguous is whether the cardholder was specifically asking for the *payoff* balance/amount, and whether they were following process for phone-payments and balance-checking, etc.   IOW, it's not necessarily \"\"illegal\"\" and might not even be unreasonable for the customer-service number to have different departments for balance-checking and phone-payments versus card-cancellation. It's not falsifiably clear from the OP that the cardholder was not asking the person on the other end of the phone for categorical statements of fact that they were obligated to make.   I'm not accusing anyone of lying or saying that the CC company was acting reasonably, I'm just saying that language such as **\"\"They do not provide mid-cycle payoff quotes\"\"** is not evidence that they were doing any kind of funny-business.\""}
{"_id": "396006", "title": "", "text": "That's totally different.  Woods and Vick continue to play popular sports at a high level. Cycling just isn't that popular, and the only reason Armstrong got to be a superstar is because he dominated the sport and had the cancer story.   His dominance is tarnished and he's retired and banned from his sport. I don't see him making much of a comeback endorsing products."}
{"_id": "396010", "title": "", "text": "\"I disagree with @Sam's answers:  yes you will get that money back when your tax return is processed.  This is not true. You will receive funds that are in excess of your liability (contrary to popular belief, the government does not take more than what you are liable for).   \"\"is it possible to return the check and modify how it's calculated if I talk to payroll?\"\"  No. When you sign your documents at the beginning of the year, that will dictate the amount of liability they take from each of your paychecks.  \"\"Will this difference be given back in my next tax return\"\" Because your company is withdrawing 25% on your paycheck you may/or may not need to pay more depending on the rest of your salary.  The IRS has set the system up as brackets. You pay your taxes based on the amount earned (voluntarily or involuntarily). So if you have income of $9,275 you would pay $923 in taxes at a marginal rate of 10% (and average rate of 10%). If you made $10,000, you would pay $923+$109=$1,032 with your marginal rate as 15% (while your average rate is 10.31%).  All in all, this is dependent on your salary, filing, and other deductions to raise or lower your tax liability.  Note: The $109 came from this: [(10,000-9,275)*.15]\""}
{"_id": "396025", "title": "", "text": "Moderation is key to everything, and I even mention it at the first part of my bit there (yes, excellent, productive pot smokers exist), but based off of the trends in the states that have legalized it, we are heading in for quite an interesting experience in terms of marijuana abuse. It's just like an 18-21yr old kid at college, away from their parents and has the first unrestrained access to alcohol. They usually overdo it.   And to second my original intent, it's up to the business/owner to determine if they want to discriminate or not against drug users. If you have a problem with that, seek employment elsewhere."}
{"_id": "396030", "title": "", "text": "No, you can not cheat the IRS. This question is also based on the assumption that the stock will return to $1 which isn't always a safe assumption and that it will continue to cycle like that repeatedly which is also likely a false assumption."}
{"_id": "396035", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Expatriate Employment in China Description | Expatriate Employment in China: Learn more about the recent increase in expatriate compensation in China and the most in-demand jobs for foreign executive talent in the country.   For further information about executive search and recruitment in China please visit: https://www.ginkgosearch.com  Expatriate compensation is on the rise. Mainland China has the second highest expatriate pay packages in the Asia-Pacific region. A total annual package for an expatriate manager in Mainland China is wort... Length | 0:02:10           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "396038", "title": "", "text": "Capping the upside while playing with unlimited downside is a less disciplined investment strategy vis-a-vis a stop-loss driven strategy. Whether it is less risky or high risky also depends on the fluctuations of the stock and not just long-term movements. For example, your stop losses might get triggered because of a momentary sharp decline in stock price due to a large volume transaction (esp more so in small-cap stocks). Although, the stock price might recover from the sudden price drop pretty soon causing a seemingly preventable loss. That being said, playing with stop losses is always considered a safer strategy. It may not increase your profits but can certainly cap your losses."}
{"_id": "396049", "title": "", "text": "I've recently started studying a bit of finance (I am a software developer) and have a question regarding the Bank of England (BoE) announcement.    The BoE agreed in maintaining its current interest rate (0.25% I think), although it announced it would be buying GILT (Government Bonds), wouldn't the purchase of bonds by a central bank make the interest rate move down?   Isn't the goal of a central bank purchasing bonds, to move the interest rate? Is there a difference between adding liquidity to the market (increasing money supply) and changing the interest rate? Can these two things be separated?  Thank you :)"}
{"_id": "396056", "title": "", "text": "My company did not have income of $1000 and have a $500 expense Why not? Your company received $1000 from you, and based on its agreement with the other company - transferred out half of it. How does it not translate to having $1000 income and $500 expense? When I run a report I want to see that my business has $500 of income not $1000 with a $500 expense You can write in your reports whatever you want, but if you want to see the real picture, then that is exactly what you should be expecting. That said, transferring money from yourself to your company is generally not considered income. You can have it booked as owner's equity, or a owner's loan if the company is required to repay. Unless you're paying to your company for some services provided or assets transferred, that is."}
{"_id": "396066", "title": "", "text": "Yes, if you can split your income up over multiple years it will be to your advantage over earning it all in one year.  The reasons are as you mentioned, you get to apply multiple deductions/credits/exemptions to the same income. Rather than just 1 standard deduction, you get to deduct 2 standard deductions, you can double the max saved in an IRA, you benefit more from any non-refundable credits etc. This is partly due to the fact that when you are filing your taxes in Year 1, you can't include anything from Year 2 since it hasn't happened yet. It doesn't make sense for the Government to take into account actions that may or may not happen when calculating your tax bill. There are factors where other year profit/loss can affect your tax liability, however as far as I know these are limited to businesses. Look into Loss Carry Forwarded/Back if you want to know more. Regarding the '30% simple rate', I think you are confusing something that is simple to say with something that is simple to implement.  Are we going to go change the rules on people who expected their mortgage deduction to continue? There are few ways I can think of that are more sure to cause home prices to plummet than to eliminate the Mortgage Interest Deduction. What about removing Student Loan Interest? Under a 30% 'simple' rate, what tools would the government use to encourage trade in specific areas? Will state income tax deduction also be removed? This is going to punish those in a state with a high income tax more than those in states without income tax. Those are all just 'common' deductions that affect a lot of people, you could easily say 'no' to all of them and just piss off a bunch of people, but what about selling stock though? I paid $100 for the stock and I sold it for $120, do I need to pay $36 tax on that because it is a 'simple' 30% tax rate or are we allowing the cost of goods sold deduction (it's called something else I believe when talking about stocks but it's the same idea?) What about if I travel for work to tutor individuals, can I deduct my mileage expenses? Do I need to pay 30% income tax on my earnings and principal from a Roth IRA? A lot of people have contributed to a Roth with the understanding that withdrawals will be tax free, changing those rules are punishing people for using vehicles intentionally created by the government. Are we going to go around and dismantle all non-profits that subsist entirely on tax-deductible donations? Do I need to pay taxes on the employer's cost of my health insurance? What about 401k's and IRA's? Being true to a 'simple' 30% tax will eliminate all 'benefits' from every job as you would need to pay taxes on the value of the benefits. I should mention that this isn't exactly too crazy, there was a relatively recent IRS publication about businesses needing to withhold taxes from their employees for the cost of company supplied food but I don't know if it was ultimately accepted. At the end of the day, the concept of simplifying the tax law isn't without merit, but realize that the complexities of tax law are there due to the complexities of life. The vast majority of tax laws were written for a reason other than to benefit special interests, and for that reason they cannot easily be ignored."}
{"_id": "396069", "title": "", "text": "Definitely more in the economics wheelhouse, but I thought it would be interesting to write a research paper on the black market premium. With marijuana becoming legalized in more and more districts it's interesting to see the effect on prices.  I live in Canada and many of my friends are very sure that prices will rise because of taxes. I am not so sure. I think economies of scale and getting rid of the black market premium will more than make up for the costs of regulation and taxation."}
{"_id": "396097", "title": "", "text": "You might be confusing two different things. An advantage of investing over a long term is the compounding of returns.  Those returns can be interest, dividends, or capital gains.  The mix between them depends on what you invest it and how you invest in it.  This advantage applies whether your investment is in a taxable brokerage account or in a tax-advantaged 401K or IRA.  So, start investing early so that you have longer for this compounding of returns to happen. The second thing is the tax deferral you get from 401(k) or IRAs.  If you invest in a ordinary taxable account, then you have to pay taxes on your interest and dividends for the year in which they occur.  You also have to pay taxes on any capital gains which you realize during the year.  These yearly tax payments are then money that you don't get the benefit of compounding on.  With 401(k) and IRAs, you don't have to pay taxes during these intermediate years."}
{"_id": "396107", "title": "", "text": "Ok so Arbitrage?  I was looking specifically at the people who took this deal to the extreme taking the $5k and using the $10 giftcards to buy prepaid credit cards.  Would the better term would be positive-feedback loop, since the only constraint would be time and energy to the people exploit this deal.  Is there a financial term that fits this better?"}
{"_id": "396127", "title": "", "text": "While there is no age limit, bear in mind that saving money makes sense only if it doesn't delay your paying off expensive debt. If you have credit cards or expensive loans you would be best placed to focus on paying them down before saving a lot. If you save and keep debt, you'll effectively lose money as the interest on your debt will usually be higher than you can earn on savings. Having said that, it's worth saving a small amount anyway to have as an emergency fund. As you pay off your debt, start saving the money you no longer have to pay out and it will soon pay dividends."}
{"_id": "396145", "title": "", "text": "hey look I can spout random countries too. Spain!  Back it up, or shut up. The UK did NOT sell debt and simultaneously purchase its own debt in the past (until modern times).   And who said the reason soviet union collapsed was because of its banking policies? Putting words in peoples mouths aren't we.  I think you should move along before you get hurt. This is a grown up conversation little one."}
{"_id": "396154", "title": "", "text": "Yup and it is a lot harder on 40k.  The real difference is at 40k your kids babysitter might be grandma and a TV.  At 100k+ you are looking at student/teacher ratios at the Montessori daycare.  Sometimes lifestyle inflation doesn't feel like inflation because it is for something basic like a nice safe place for your kids while you work or healthy food  and only when you literally can't afford it do you realize it isn't strictly speaking a necessity."}
{"_id": "396156", "title": "", "text": "Actually I found companies hire based on experience, if you jump around you have more experience even if your work is average.  Companies pay what the job is worth now, i.e. market rate - why pay more.  Thus the real issue is many employees are not moving up with out moving out.  But you can look at it as people are mediocre (less than average) which would be true ~50% of the time."}
{"_id": "396179", "title": "", "text": "Those are all predictions.  To the core. With anything, I'd consider the source carefully before taking any kind of advice.  If it's from a financial magazine, who advertises with them?  What are they selling?  How well do they recognize which side of the bread is buttered? That, and I'd get a lot of advice, see how it matches with your goals, and choose. All of that being said, you do have time to recover should you blow it."}
{"_id": "396180", "title": "", "text": "\"I don't think its a taxable event since no income has been constructively received (talking about the RSU shareholders here). I believe you're right with the IRC 1033, and the basis of the RSU is the basis of the original stock option (probably zero). Edit: see below. However, once the stock becomes vested - then it is a taxable event (not when the cash is received, but when the chance of forfeiture diminishes, even if the employee doesn't sell the stock), and is an ordinary income, not capital. That is my understanding of the situation, do not consider it as a tax advice in any way. I gave it a bit more though and I don't think IRC 1033 is relevant. You're not doing any exchange or conversion here, because you didn't have anything to convert to begin with, and don't have anything after the \"\"conversion\"\". Your ISO's are forfeited and no longer available, basically - you treat them as you've never had them. What happened is that you've received RSU's, and you treat them as a regular RSU grant, based on its vesting schedule. The tax consequences are exactly as I described in my original response: you recognize ordinary income on the vested stocks, as they vest. Your basis is zero (i.e.: the whole FMV of the stock at the time of vesting is your ordinary income). It should also be reflected in your W2 accordingly.\""}
{"_id": "396184", "title": "", "text": "\"Sorry for the late reply.  &gt; Different ERP systems have different mappings, but there are no unlimited amount of ERP systems.  It's actually close to unlimited. Reasons:  1. Even if two customers use the same ERP system, each implement their ERP in a different way.  2. Even if they implement the ERP system exactly the same way, the EDI is done by an EDI subsystem and each customer will implement EDI in a different way.  3. Even if it's the same EDI system and map, each customer may have different meaning to the same data field. For example, one customer definition for Due Date is \"\"the date the Vendor needs to ship the goods to me\"\" while the other customer says \"\"it's the date I want the goods delivered to my warehouse.\"\"  4. Even if all the fields have the exact same definition, the values may be different between the 2 customers. Classic example: while customer A use SKU# \"\"1234\"\" for a certain widget made by the vendor, the other customer may use SKU# \"\"9876\"\".  5. It's even worse than you think: if say a huge company like Wal-Mart implemented EDI orders in its specific way, Wal-Mart has 100,000 suppliers, so each of those suppliers have to implement the Wal-Mart way of EDI orders.  6. Even worse: when Wal-Mart make a change to their EDI orders (e.g. add a new type of data), 100,000 suppliers have to change their system support the new data requirements.  **Do me a favor? I only addresses one statement you made. Can you cut-and-paste your whole message and post it again in /r/edi?** This is the right subreddit for this discussion. You should join it and several people can reply to you...  Thanks!\""}
{"_id": "396191", "title": "", "text": "No, just as the profits from the bank do not go to their personal accounts and instead go to the banks coffers, where they are paid out as a dividend.   If your company makes a mistake and loses money, do they draw it from your account?"}
{"_id": "396204", "title": "", "text": "Hahaha, I appreciate the comparison, but that's bullshit.  Truthers are putting their own paranoid theories out there, you have no obligation to seek them out and respond to them.  Socialists on the other hand are offering reasoned critique of your ideas.  You can dismiss their arguments out of hand, but understand that it makes you look like an intellectual coward.  Cock-surety may fool weaker opponents, but even then, only in the service of your own ego."}
{"_id": "396208", "title": "", "text": "To evaluate any advice, this lists some of the things to consider: There are good advisors out there. There are also Bernie Madoffs who give the entire industry a black eye. In the end, the best path is to educate yourself, read as much as you can before you invest. Better to lose a bit by staying out of the market than to lose it all by getting scammed."}
{"_id": "396220", "title": "", "text": "It wouldnt matter how big the game is. The streaming would stream at the same bit rate as any HD video. About 5-7mbps. It worked very well for Onlive. Which was bought out by Sony and now Sony uses that technology for their PS Now subscription.  The crippling factor is most of North America is still capped by their ISP and most people wouldn't be able to stay under their cap streaming games all day."}
{"_id": "396221", "title": "", "text": "i've lost 45lb since last year this time, and have kept it off for over 6 months now.  i have slacked a bit on my calorie counting, and intend to focus again in the new year, and drop another 25lb."}
{"_id": "396222", "title": "", "text": "The key to understanding where your money is going is to budget.  Rather than tracking your spending after the fact, budgeting lets you decide up front what you want to spend your money on.  This can be done with cash envelopes, on paper, or on Excel spreadsheets; however, in my opinion, the best, most flexible, and easiest way to do this is with budgeting software designed for this purpose. As I explained in another answer, when it comes to personal budgeting software, there are two different approaches: those in which you decide what to spend your money on before it is spent, and those that simply show you how your money was spent after it is gone.  I recommend the first approach.  Software designed to do this include YNAB, Mvelopes, and EveryDollar. My personal favorite is YNAB.  You'll find lots of help, video tutorials, and even online classes with a live teacher on YNAB's website.   Using one of these packages will help you manage spending, whether it is done electronically or with cash.  When you pay for something with a credit card, you enter your purchase into the software, and the software adjusts your budget as if the money is already spent, even if you haven't technically paid for the purchase yet. As far as strategy goes, here is what I recommend:  Get started on one of these, and set up your budget right away.  Assign a category to every dollar in your account.  Don't worry if it is not perfect.  If you find later on that you don't have enough money in one of your categories, you can move money from another category if you need to.  As you work with it, you'll get better at knowing how much money you need in each category. My other recommendation is this: Don't wait until the end of the month to download your transactions from the bank and fit everything into categories.  Instead, enter your spending transactions into the software manually, every day, as you spend.  This will do two things: first, you'll have the latest, up-to-date picture of where your accounts are in your software without having to guess.  Second, it will help you stay on top of your spending.  You'll be able to see early on if you are overspending in a particular category.  YNAB has a mobile app that I use quite a bit, but if I don't get a chance to enter a purchase right when I spend it, I make sure to keep a receipt, and enter the transaction in that evening.  It only takes a couple of minutes a day, and I always know how I stand financially."}
{"_id": "396240", "title": "", "text": "Yeah the Casinos in CT are nicer, and closer to NYC. If you want shitty slot casinos you can go to racinos that are closer (yonkers, rockaway, poconos).  There is just not much allure to AC beyond the clubbing aspect of it."}
{"_id": "396254", "title": "", "text": "\"In most countries, you are deemed to dispose of all your assets at the fair value at that time, at the moment you are considered no longer a resident. ie: on the day your friend leaves Brazil, Brazil will likely consider him to have sold his BTC for $1M.  The Brazilian government will then likely want him to calculate how much it cost him to mine/buy it, so that they can tax him on the gain. No argument about how BTC isn't \"\"Fiat money\"\" matters here; tax laws will typically apply to all investments in a way similar to stocks etc..  The US will likely be very suspicious of such a large amount of money without some level of traceability including that he paid taxes on any relevant gains in other countries. By showing the US that he paid appropriate 'expatriate taxes' in Brazil (if they exist; I am speaking generally and have no knowledge of Brazilian taxes), he is helping to prove that he does not need to pay any taxes on that money in the US. Typically the BTC then is valued for US tax purposes as the $1M it was worth when he entered the US becoming a resident there [This may require tax planning prior to entering the US] [see additional answer here: https://money.stackexchange.com/a/48031/44232]. Any attempt to bring the BTC into the US without paying appropriate Brazilian / US taxes [as applicable, I'm not 100% on either; check with a tax lawyer knowledgeable on both US & Brazilian tax law, because the amount of money is material] will likely be considered fraud. 'How to commit fraud' is not entertained as valid subject matter on this site.\""}
{"_id": "396255", "title": "", "text": "Interesting. What is your view of this idea: institute a bonus program which allocates to each employee scrip proportionate to the number of dependents (plus 1 for themselves, of course); this scrip would be valid for one year and to earn it one needs meet some basic work requirements and can be used to purchase whatever goods and services the workers prefer. (This is only a rough description of what I have in mind. Feel free to ask questions for more details. I feel we have much to learn from each other on this topic.)"}
{"_id": "396257", "title": "", "text": "All the answers that show the equivalency of 401(k) pre-tax and Roth 401(k) post-tax using equivalent contributions are correct assuming equivalent tax rates upon withdrawal. There is some potential gain if your tax rate upon retirement is higher than your working tax rate, but often people calculate a smaller percentage of their working income for their retirement income, which may offset a higher tax-rate anyway. In my mind, the primary advantage of a Roth 401(k) is that it effectively allows you to contribute more for retirement if you are currently maxing out your contributions in a regular 401(k) and IRA and want to contribute more. Doing so can be a big advantage when you are young and can benefit from those additional dollars being put into your retirement account early. This is effectively what is illustrated by the Fidelity calculation, and is something to consider if you are of the mind to aggressively save early for retirement. The reason Roth allows you to contribute more is because traditional IRA contributions are capped. Suppose the cap is $5500. Suppose also you immediately rollover your traditional IRA to a Roth IRA. This is a post-tax contribution, and growth on that is tax-free. If you maxed out your employer pre-tax 401(k) to $17500 and maxed out your IRA, you have maxed out your retirement contributions to $23000. Suppose two doublings, then the 401(k) has grown to $70000, and the IRA has grown to $22000. However, the withdrawal from the 401(k) is taxed, so assuming 25%, the total is $74500 after tax. Now, suppose instead you maxed out your employer Roth 401(k) post-tax instead, so you have put in $17500 post tax. And now, also max out your IRA. Now, all of your $23000 grows tax-free. So upon two doublings, you walk away with $92000. This is because you maxed out your contribution post-tax, meaning it was as if you were allowed to contribute $23333 to your pre-tax 401(k). So if you intend to max out your retirement account contributions, and are looking to contribute even more to retirement accounts, one way is two change over to contributing into the employer Roth 401(k)."}
{"_id": "396271", "title": "", "text": "Link only answers aren't good, but the list is pretty long. It's a moving target, the requirement change based on a number of criteria. It usually jumps to force you to sell when you hold a losing position, or when your commodity is about to skyrocket."}
{"_id": "396285", "title": "", "text": "The most relevant aspect of Islamic banking that distinguishes it from non-Islamic banking is the prohibition of charging interest. There is no prohibition on the utilization of technology.   Since banks that comply with Sharia make direct investments (sharing of profit/loss), and leasing, many banks that are sharia-compliant are very modern, sophisticated, and behave very much like private equity or even in some cases hedge funds. There is a prohibition in Sharia to avoid excessive risk, so many modern Islamic financial institutions deploy and trade financial derivatives to provide the means to risk management. This is done on a very technological level with expertise.  London has become a hub of Islamic banking and there have been efforts by the financial sector to push to make London the center of Islamic banking. These institutions are as advanced as any non-Islamic banks.   Here is a source to check out: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11435465/Britain-to-lead-the-world-in-Islamic-finance.html  Here is an article discussing the streamlining of banking through technology: http://asianbankingandfinance.net/islamic-banking/exclusive/are-islamic-banks-ready-jump-digital-bandwagon"}
{"_id": "396288", "title": "", "text": "When 0.1% of the population has most of the money and half the population can't afford rent and healthcare because there's just not enough money to pay them then we have to steal it through taxes.  Better than it being stolen with pitchforks.  Someone finds a better way to get money out of the Cayman Islands and fueling the economy I'm all ears."}
{"_id": "396308", "title": "", "text": "\"if corporations can claim \"\"personhood\"\", could citizens claim they are corporations and evade taxes in this way, avoiding penalties as Burger King is doing, coming out far ahead financially?  whats good for the goose should be good for the gander\""}
{"_id": "396323", "title": "", "text": "Would I have to pay some kind of capital gains tax? And if so, when? Converting Tax paid USD into CAD is not a taxable event. A taxable even will occur if you convert back the CAD into USD. If you receive interest on the CAD then the interest is also a taxable event. Also, is there any reason this is a terrible idea? That will only be known in future. Its like predicting that in future this will turn out to be advantageous, however it may turn out the other way."}
{"_id": "396327", "title": "", "text": "I had a plumber come over for a free estimate on my sink and wanted $110 an hour to remove a rusted bolt and install a new faucet (did it my self after asking him how he would do it). The AC guys seem to make a big profit on labor as well. Seems like learning these types of skills could have you earning a good living and could not be automated for a long time."}
{"_id": "396332", "title": "", "text": "\"In northwest Arkansas, most of the houses this company offers do cost about 90 - 110 dollars per square foot.  The exceptions use the Whitney plan, which has the following design features (and/or problems) which happen to save the builder a lot of money: One very nice feature is the U-shaped stairway in the center of the house.  It is easy to find, and has an angled landing.  It might be a bit narrow, though. Does the builder bother to put rebar in the brickwork?  Arkansas is in earthquake country. What are the floors like?  Is the first floor a slab concrete floor with vinyl flooring (and/or carpet on thin pad) immediately above the concrete?  Is the second floor bouncy, due to using long-span joists of code-minimum size? Does the builder bother to make the rear windows look as nice as the front windows?  As mentioned earlier, the builder only bothers to have one side window. Where to learn more: Fernando Pag\u00e9s Ruiz is a Nebraska homebuilder who wrote a book on Building the Affordable House: Trade Secrets for High-Value, Low-Cost Construction (The Taunton Press, 2005).  He has also written many articles in Fine Homebuilding, including \"\"Building Affordable Houses\"\". True North Consulting specializes in helping builders eliminate waste and \"\"value-engineer\"\" their designs.  True North often works with Tim Garrison, the self-proclaimed \"\"builder's engineer\"\".\""}
{"_id": "396339", "title": "", "text": "Safe deposit boxes are rented out to customers, and their content is not bank's property. Money deposits are not being taken by the creditors if a bank goes bankrupt, for the same reason - its not bank's money, it belongs to the depositors. However, frequently banks go bankrupt because they do not have enough cash at hand to pay back the depositors. In this case, unless insured (up to $250K in the US, EUR100K in EU), some or all of the deposits may not be immediately (or even at all) available. Depositors become creditors of the bank in the bankruptcy proceedings. Safe deposit box, however, is rented to the customer, and the content is not removed by the bank to be used elsewhere, as happens with monetary deposits. So even if the bank is bankrupt and doesn't have enough money to cover the monetary deposits, the content of the safe deposit boxes doesn't magically disappear, and the owner can get it back. The access to the deposit box itself may be limited due to the bankruptcy, but the content will remain there waiting for its owners. In the United States, when a bank goes bankrupt, FDIC takes over it and its assets. Safe deposit box rental contract is an asset. It is taken over by the FDIC and will be sold to a buyer (usually as a part of the whole branch where the box is located), who will continue operating/servicing it."}
{"_id": "396343", "title": "", "text": "It will be interesting to see how gas station employment is affected by oil demand and EV sales.  Bloomberg thinks EV adoption will crash oil prices by 2023.  https://www.bloomberg.com/features/2016-ev-oil-crisis/  That won't create a huge change in station employment, but will affect oil company profitability."}
{"_id": "396360", "title": "", "text": "\"Many reasons, but let me pick my favourite:  The incentive to save isn't there.  Any government subject to elections has the incentive to spend as much as possible to remain in power.  What is worse, it has a DISINCENTIVE to save. Because the money it saves - and which it pays for with bad will from the electorate, who should really be smarter - is going to be spent by the OTHER guy who will then look incredibly good and be reassured of re-election.  \"\"But isn't it afraid of accumulating debt?\"\" you may ask, and its simple. Somebody else will be there when the debt is due.  The problem of incentives is a fundamental one.\""}
{"_id": "396366", "title": "", "text": "Not surprising. People have less money nowadays.   There are two Silicon Valley malls that do well. 1 is Valley Fair in Santa Clara, maybe because there's enough people with money to shop there. I don't go there often though because of the traffic around that area. Yuck!   The other mall is the Great Mall in Milpitas. It's mostly outlet stores and if it's not an outlet store, it's often a store that's often in a strip mall  However, the mall in Cupertino is a ghost town and is looking to be redeveloped.   Come to think of it, you used to go to a mall for premium items. However, more stores outside malls have them like Bed, Bath, and Beyond. In fact, there's times where Bed, Bath, and Beyond has higher quality than what's at the mall.   Also, outdoor malls seem to be taking hold more than indoor malls"}
{"_id": "396416", "title": "", "text": "The FDIC is pretty confident about them being legit. http://www2.fdic.gov/idasp/main_bankfind.asp  (type in Bank Of The Sierra in the name field and search on that) You got to realize how much money they will make if you use them per the agreement.  Every credit card / debit transaction gets them some cash.  Businesses get between 1 and 5% of each transaction even on debit cards.  Then there is a flat fee the merchant pays for accepting the credit card between .25 and .50 per transaction.  Even at 12 transactions a month, the bank is looking at making around $6/month.  Probably more because who uses a debit card just 12 times a month.  It would be convenient for most people to juse use it all the time. Does 4.09% APY beat $6/month?  You would have to keep a balance of $2000 plus to cost more than you earn.  And if you keep more than $2k in the account, they have other ways to make money off of you. I would also assume they make money on the bill pay and direct deposit side of things, but I can't speak for certain about that. Bottom line is this seems like a good deal to attract customers, they would rather make a bit less profit then BofA to grow their business.  They are betting their offer restrictions will change your habits and make you more profitable to them."}
{"_id": "396439", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-06-04/universal-basic-income-is-neither-universal-nor-basic) reduced by 95%. (I'm a bot) ***** &gt; When people speak about universal basic income they usually mean national basic income.  &gt; When Musk said that &amp;quot;There&amp;#039;s a pretty good chance we end up with a universal basic income due to automation,&amp;quot; and when Obama said that &amp;quot;Whether a universal income is the right model that&amp;#039;s a debate that we&amp;#039;ll be having over the next 10 or 20 years,&amp;quot; it is unclear who &amp;quot;We&amp;quot; are.  &gt; Even if universal basic income means that poor people in 2050 will enjoy much better medical care and education than today, they might still feel that the system is rigged against them, that the government serves only the super-rich, and that the future will be even worse for them and their children.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fdjpz/artificial_intelligence_is_going_to_put_many_out/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136767 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **basic**^#1 **income**^#2 **human**^#3 **might**^#4 **job**^#5\""}
{"_id": "396462", "title": "", "text": "Who's to say this guy does not have the merits that got him placed into this job? He graduated from Princeton and worked for Goldman - he's obviously a bright guy. Why, then, do you assume he didn't earn the job on his merits?"}
{"_id": "396509", "title": "", "text": "That doesn't change anything. You're still judging an investment off a 5 year period which includes a massive event which destroyed oil stocks. My previous analogy still applies, if you held 2 portfolios, one with tech stocks and one without for the 5 year period that includes the tech crash in the early 2000s, of course the non tech one would outperform the tech one.  XLE, an energy etf, dropped 30% at the end of that period. That has an outsized influence on your article there."}
{"_id": "396510", "title": "", "text": "\"&gt;entitled  Your entire comment, dude.. what? It's getting what the market dictates you're worth, not \"\"entitlement.\"\" An extremely talented developer who can find work for any firm on earth is going to have a lot of power in the employer-employee negotiations because of his or her extremely hard work and exemplary performance throughout life. What does being physically uncomfortable have to do with literally anything anyone is talking about? It's like you're trying to say twenty different things, and none of them make any sense or are related to the discussion at all.\""}
{"_id": "396525", "title": "", "text": "I'm surprised no one has picked up on this, but the student loan is an exception to the rule. It's inflation bound (for now), you only have to pay it back as a percentage of your salary if you earn over \u00a315k (11% on any amount over that I believe), you don't have to pay it if you lose your job, and it doesn't affect your ability to get credit (except that your repayments will be taken into account).   My advice, which is slightly different to the above, is: if you have any shares that have lost more than 10% since you bought them and aren't currently recovering, sell them and pay off your debts with those. The rest is down to you - are they making more than 10% a year? If they are, don't sell them. If your dividends are covering your payments, carry on as you are. Otherwise it's down to you."}
{"_id": "396537", "title": "", "text": "In general, the better advice I've heard is to spend only on things that matter to you and scrimp on the rest. It's an easy way to budget without having to stick to a strict set of rules. Otherwise keep 3-6 months of living expenses in liquid accounts (money market, savings) and invest the rest."}
{"_id": "396540", "title": "", "text": "There are deals out there which allow refinancing up to 125% of appraised value so long as you have a solid payment history. You need to research banks in your area working with HARP funded mortgages.  An alternate method is to find a bank that will finance 80% of the current value at 4% and the rest as a HELOC. The rate will be higher on the equity line, but the average rate will be better and you can pay the line off faster."}
{"_id": "396559", "title": "", "text": "I would just do a loan for a different number of years on your new mortgage. For example, if you just spent 10 years paying off your first house, then for your second, close the first mortgage upon selling, and then open a 20 or 25 year mortgage and the loan end date as well as the payment should remain similar. This would be more do-able if you paid ahead a little to compensate all the early on interest you have to eat. So if you want to finish around the same time, you could look into doing that since you'll have more equity to make a stronger down payment."}
{"_id": "396567", "title": "", "text": "I don't really like to refer to being an expert cause it is all relative really.  I know Excel better than anyone in my office but I don't consider myself an expert because my skills don't touch many of the people on Excel-related forums.  Anyway, the initiative you are showing wanting to learn this on your own is great.   So if you told me that you were in expert in Excel but it is clear you know less than me I'd peg you as someone with overconfidence bias.  What I would want to see is that you are familiar with functions common with finance-related Excel work, that you understand under which situations certain functions are more efficient for completing a task.  Like math, there are many ways to solve a problem but some are more efficient than others (in Excel the most efficient is not always the most elegant, we are talking about using the least amount of processing power and memory).  That if you don't know how to do something in Excel you'll be able to figure it out without help.  There are so many resources on the web and you should know how to be able to look at other examples and apply it to your situation.  You should be familiar with VBA, not just using the macro recorder.  Know what situations when it is better to use VBA than excel functions (in most situations you want to avoid VBA because 1. It makes it difficult for other users to follow your spreadsheet and 2. Excel functions are much more optimized and generally perform tasks much faster).  Know how to build spreadsheets that are easy for others to follow you work; write comments etc....  Nothing is worse than trying to figure out a cluster fuck of a spreadsheet.  I would not expect you to be an expert in VBA and to be able to write something in depth from scratch but rather be able to figure it out using outside resources.  Since I am not writing in VBA on daily basis I forget shit all the time but if there is something that needs to be done I can guarantee you I will figure out how.  Knowledge of how to integrate Excel with a database via VBA is good (for both pulling in data and updating a database).  Tl;dr  1. Don't downplay your Excel knowledge but don't make yourself out to be an Excel God, you never know how much knowledge the other person has 2. Demonstrate that you have experience with commonly used Excel-related functions; efficient construction of workbooks 3. Demonstrate that if you don't know how to do something in Excel you will be able to figure it out; provide an example 4. Knowledge of VBA is good, especially integrating with outside databases.  Provide example of a time you used VBA and why you did.  Best way to learn this stuff is through experience; If you want me to critique your Excel work I would happy to.  The following project would give you good experience:  Download data for 20 countries (just choose at random, make sure you include U.S. though) on GDP in US dollar current prices and PPP basis for all years.  from IMF http://www.imf.org/external/pubs/ft/weo/2012/01/weodata/index.aspx  1. Build a dash board that calculates the year-over-year growth of both GDP $, and GDP PPP 2. Set it so you can dynamically select which country to display 3. Set it up so you dynamically change start and end date 3. The chart should automatically adjust its range based on the date selected 4. Create three aggregates, developing countries, developed countries and world EX US 5. With these aggregates have an option to show the y/y growth using either the average (mean) or on a GDP weighted basis.   This is just an idea that would give you some good experience.  It is not anything I need so only do it if you want to build your skills."}
{"_id": "396574", "title": "", "text": "\"What our friend \"\"otherwiseyep\"\" is describing in his first posts is *credit*, not money.  Money and credit are two very different things.  Economies function on capital, which is existing savings and supply of goods/services.  They cannot function on promises alone (credit).  So from the perspective of Austrian economists, his OP's were misleading.\""}
{"_id": "396575", "title": "", "text": "\"You are correct.  Military spending is an incredibly inefficient form of stimulus, but it has the benefit of allowing a country to be more of an international bully as well as enriching politically useful cronies.  We wouldn't want to spend a $1 trillion without ensuring sitting politicians could get reelected, would we?  They might have to stoop to lobbying then!  An additional bonus is that country will have excess weaponry to use in policing domestic dissidents, affectionately called \"\"The Poor.\"\"  Aren't the police part of our infrastructure?  Isn't crime reduction of value to society?  And, yes...this is sarcasm.  I dislike talking about the MIC so much that it's difficult to do so without a lot of snark.\""}
{"_id": "396576", "title": "", "text": "\"How do I get my money from India to UAE account \u2013 what are the options, can I do bank transfer from my mom SB account to my international account. As you have transferred money directly to your Mothers account, getting the money back would need some paper work. Consult a CA and Bank in India, they should be able to help you. There are various limits under FEMA that would be applicable. As the amount is small a self declaration would also suffice. If yes how much do I loose in case of 20 lac due to currency conversion and commission (approximate) Not sure I understand this question, are you asking if you had converted X AED into Rs 20 lacs and now you have 20 lacs will you get back \"\"x\"\" AED or how much less? If you Buy and Sell on the same day, typically there is a spread of 3-5% depending on the currency pair. However rates would have move up or down since then and hence this cannot be answered. You would have to see what the rates are. b. can exchange with Friends in UAE and deposit the same in INR to their SB account in india. Stick to Banks or authorized remittance services [like Western Union / Money Gram / etc]. Any other method you are circumventing law. One is not authorized to convert currency outside the normal Banking Channel.\""}
{"_id": "396580", "title": "", "text": "you are exactly right.  people keep going on about how facebook and their ipo is a failure etc, they are totally wrong. all of this was done for one reason only - the insiders who had all these crazy valuations and forecasts etc on paper that were not actually worth anything IRL, could cash out and get some money off the back of fools.  the fb ipo was a huge success for mark zuckerburg and others - not so much a success in the real world though.  sadly, this whole model and 'social networking' bubble should have 'popped' long before it got to this stage, myspace should have signaled that."}
{"_id": "396586", "title": "", "text": "Typically, you can chose in the transfer if you want to transfer in target currency or in source currency. If you chose source currency, the receiving bank (for you, in India) does the conversion, and charges the fees. If you chose target currency, the sending bank does the conversion and charges the fees. The advantage is that they offer to generate a defined amount in the target currency, so you can pay a bill exactly. Either way, one of the two banks is going to charge you. It absolutely depends on the banks which fee is higher. From personal experience, between Europe and the US, either direction mostly the receiving bank is cheaper ('incoming fees' are set lower than 'outgoing'). I can't say for India; you need to check with your bank."}
{"_id": "396605", "title": "", "text": "Fuckwad and his cronies from old lane hedge fund should be in jail next to Madoff for ripping off citi for nearly a billion (the money coming from taxpayers) selling them a bankrupt fund. Instead they name that crook CEO. Unfucking real"}
{"_id": "396617", "title": "", "text": "\"&gt;Those \"\"resources\"\" are often employees  Yes labor is also a scarce resource. But just like other resources it needs to be used in a way that is most productive. If the govt spends $100k hiring two people to dig holes and then refill them, those two people are employed, but there is no production there. That $100k contributed to no productive growth and created no wealth for anyone. The two businessmen who did not get loans for their business would have to seek employment with another entrepreneur who could put their labor to more productive use.   &gt;No, only the base rate is set centrally.  Exactly, but the bank's rates are reliant on the federal funds rate\""}
{"_id": "396622", "title": "", "text": "I don't know, maybe saving for 30+ years you'd want to see how your investments are doing to plan for retirement? Or should I just use an interest calc on google and expect that average market return on my deposits will be there in 2045. Looking at the statements builds trust with the advisor. What makes them trusted?"}
{"_id": "396633", "title": "", "text": "The company may have put a trading halt due to many reasons, most of the time it is because the company is about to release some news to the market. To stop speculation driving the price up or down, it puts a halt on trading until it can get all the information together and release it to the market. This could be news about an earnings update, a purchase of other businesses, a merger with another business, or a takeover bid, just to name a few."}
{"_id": "396644", "title": "", "text": "\"There are plenty of examples of \"\"indigenous\"\" colonization, though strictly *African* examples are hard to come by because people people have just always been there, and there isn't much in the way of geographic barriers in sub-Saharan Africa to cause a sharp delineation between one group of people and another.  Still, they had no [shortage of kingdoms and empires](https://en.wikipedia.org/wiki/List_of_kingdoms_in_pre-colonial_Africa), of which [Ethiopia](https://en.wikipedia.org/wiki/Ethiopian_Empire) was the most powerful and longest-lived, even successfully fighting off European colonists for most of a century before falling to Italy in the run-up to WWII.   But elsewhere, Madagascar was colonized by several different waves of people over about a thousand years.  Similarly, Japan seems to have been colonized in several waves.  Taiwan was first inhabited by humans about 5,000 years ago, but the Han Chinese didn't show up until the 17th century or so.  The colonization of the United States is rather unique in that it's one of a few very rare cases where the occupiers were actually determined to exterminate the native population.  While the Spanish and French settlers certainly had plenty of conflicts with the natives, they were still able to work out a social structure where both were included, even if the natives were on the bottom.\""}
{"_id": "396657", "title": "", "text": "The study of technical analysis is generally used (sometimes successfully) to time the markets. There are many aspects to technical analysis, but the simplest form is to look for uptrends and downtrends in the charts.  Generally higher highs and higher lows is considered an uptrend.  And lower lows and lower highs is considered a downtrend.  A trend follower would go with the trend, for example see a dip to the trend-line and buy on the rebound. A simple strategy for this is shown in the chart below:  I would be buying this stock when the price hits or gets very close to the trendline and then it bounces back above it. I would then have sold this stock once it has broken through below the trendline. This may also be an appropriate time if you were looking to short this stock. Other indicators could also be used in combination for additional confirmation of what is happening to the price. Another type of trader is called a bottom fisher. A bottom fisher would wait until a break above the downtrend line (second chart) and buy after confirmation of a higher high and possibly a higher low (as this could be the start of a new uptrend). There are many more strategies dealing with the study of technical analysis, and if you are interested you would need to find and learn about ones that suit your investment styles, whether you prefer short term trading or longer term investing, and your appetite for risk. You can develop strategies using various indicators and then paper trade or backtest these strategies. You can also manually backtest a strategy in most charting packages. You can go back in time on the chart so that the right side of the chart shows a date in the past (say one year ago or 10 years ago), then you can click forward one day at a time (or one week at a time if using weekly charts). With your indicators on the chart you can do virtual trades to buy or sell whenever a signal is given as you move forward in time. This way you may be able to check years of data in a day to see if your strategy works. Whatever you do, you need to document your strategies in writing in a written trading or investment plan together with a risk management strategy. You should always follow the rules in your written plan to avoid you making decisions based on emotions. By backtesting or paper trading your strategies it will give you confidence that they will work over the long term.  There is a lot of work involved at the start, but once you have developed a documented strategy that has been thoroughly backtested, it will take you minimal time to successfully manage your investments. In my shorter term trading (positions held from a couple of days to a few weeks) I spend about half an hour per night to manage my trades and am up about 50% over the last 7 months. For my longer term investing (positions held from months to years) I spend about an hour per week and have been averaging over 25% over the last 4 years. Technical Analysis does work for those who have a documented plan, have approached it in a systematic way and use risk management to protect their existing and future capital. Most people who say that is doesn't work either have not used it themselves or have used it ad-hock without putting in the initial time and work to develop a documented and systematic approach to their trading or investing."}
{"_id": "396658", "title": "", "text": "\"I've said it before here on Reddit, and I'll say it again: How does HFT affect an investor looking to buy XYZ at $10 and hold for six months to sell at $12? The answer: It doesn't.  HFT is just the new exchange \"\"floor.\"\" There have always been professionals on the floors of the exchanges who could compete with one another for single ticks. And then, just as now, they had little to no impact on long-term investors.  Reading through the comments of the article makes it abundantly clear that there is a shocking lack of knowledge of HFT practices and impact on the markets.\""}
{"_id": "396662", "title": "", "text": "&gt;If everyone in auto manufacturing labor was replaced by a cheap robot tomorrow, then cars would be cheaper.  Why?  *All* the auto manufacturers installed robots, so they've *all* got the same incentive to keep prices the same and pocket the additional productivity as profits.  Auto manufacturers *have* switched largely to robotic labor.  Prices have stayed mostly the same, adjusted for inflation.  Quality has increased, which is good, but fewer and fewer people can afford the higher-quality vehicles due to lack of jobs and other factors in the cost of living rising (housing, health-care, education, energy).  &gt;video game and plastic surgery business, robot manufacturing, and robot programming  Actually, programmers work *more* than auto workers.  Auto workers were unionized and thus had a 40-hour work-week, sometimes even with lunch breaks out of work hours instead of leisure hours!"}
{"_id": "396664", "title": "", "text": "Puerto Rico isn't Algeria. Lending to Algeria is relatively simple as they live and die on the price of oil. Puerto Rico is far more complex and doesn't have a basic resource export economy. Lending to Algeria is a pure oil play and is far less dependent on credit ratings. If Puerto Rico's debt investors take the hit, there isn't a line of lenders throwing money at them."}
{"_id": "396670", "title": "", "text": "Tax obligation for your parents: NIL The transfer would come under the Gift Tax act. There is no limit on the amount for near relatives. So you can send unlimited amount to your parents and this would not be taxable. However if you parents invest this in FD, Interest on savings, etc ... this income would be taxable.   Nope there is no tax exemption for you on this amount."}
{"_id": "396679", "title": "", "text": "Most credit cards will allow you to pick the closing date. In fact almost every bill with the exception of utilities that collected usage by reading a meter at the house will either let you pick the closing date each month, or at least have several to pick from. They won't let you pick the length, but they will let you pick the day of the month. When I worked a job that paid once a month. I wanted all my bills due early in the month: get paid, pay bill, know how much I have left. When I went back to every other week spreading them out made more sense. No credit card had a problem with this. The transitional cycle was not the correct length, but after that it was fine. As Dheer pointed out extending the cycle to 90 days would involve them extending credit for much longer than they would be comfortable. Also the goal of keeping utilization under 30% would be very difficult, you would have to keep your spending per month to less than 10% of your credit limit. Some people have trouble not falling behind on credit card bills, having to set aside the money to pay the bill every 90 day may be way to tough for many people."}
{"_id": "396694", "title": "", "text": "\"Now, my own answer:  If you join and receive equity, do the 1/3 split as a max. Truthfully, if it were my company, I would try to negotiate with you to only give you 15%--20% because as an advisor you're not going to be involved in executing the idea to turn it into a business.  If you contribute capital, do it as a loan. End of story.  You don't own more because you financed growth... you shouldn't. The growth will have come because of the collective performance of the whole team. You should get paid back at a \"\"fair\"\" rate for your investment... if the company can handle it, I would argue something like 10% interest is reflective of the risk you're taking with your money.  If the finances are so tight that the interest repayment isn't an option, do the math behind what you should be paid for the loan in interest, and convert that to shares or equity somehow, and get paid back for the invested capital.  If the company can't repay your loan, the business model may not be sound enough, or developed enough, to be investing in to begin with.\""}
{"_id": "396708", "title": "", "text": "Just earning the money would trigger a 1099 (assuming other requirements are met).  It doesn't matter where the money is."}
{"_id": "396726", "title": "", "text": "&gt; Wu no longer competes actively. Instead, he has found his niche educating others on how to play and being a web personality at tournaments.  I actually think it's a sensible move for someone to get out of finance if they hate it and pursue a passion while they're in their early 20s. Chances are you won't strike it rich, but maybe it leads to something else, as it has for Wu. In the worst case he can go back to an office job with some good stories."}
{"_id": "396738", "title": "", "text": "I own a gold mine and my cost of producing an ounce of gold is $600. Less than that, I lose money, anything over is profit. Today, at $1500, I sell futures to match my production for the next 2 years. I'm happy to lock in the profit. If gold goes to $3000, well, too bad, but if it drops to $500, I can still sell it for the $1500 as I mine it. I suppose I could also close out the contracts at a profit and still shut the mines down, but the point is illustrated."}
{"_id": "396762", "title": "", "text": "&gt; someone can explain why that is the case  Can you explain your case?  What is your point?  &gt;There isn't a first world nation anywhere in which there is a black majority. From Madagascar to Jamaica. And for whites? From new Zealand to America, the exact opposite.  These are supporting statements for what, exactly?  Are you here to make the argument that white people are better than black people at nation building?"}
{"_id": "396768", "title": "", "text": "I have ScottradeElite on my desktop. I have played around with it but no longer use it. The transactions that I make through Scottrade are more dependent on my goals for the securities than what the market is doing at the moment.  Keep in mind that there will always be others out there with better access to price changes than you. They also will have better hardware. We cannot beat them at their game."}
{"_id": "396771", "title": "", "text": "&gt;What's unfair about it?   It's not fair to exclude job candidates because they choose to engage in a harmless recreational activity in their personal time. If there were some reason to think that they were likely to imbibe at work or that their marijuana use would otherwise impair their ability to perform their job effectivity, that would be another story. But there's no way to tell that from urinalysis and hair tests.  &gt;A weed smoker is lying if they tell you they only smoke weekends.   That's just not true. I smoke *maybe* once a month, and know lots of other people who smoke only on rare occasions.  &gt;Most smoke fault and they aren't fit for the job.   That's not a sentence, but if you're trying to communicate a theory that pot smokers are mostly incompetent, you are mistaken. There are many successful, intelligent, effective people who use marijuana."}
{"_id": "396780", "title": "", "text": "me personally, i couldnt care less about what people do, but when you see reports where drug rehab, for a family member that is not hired by the company, cost a company 1/4 mil, thats something to consider as a business owner. so yeah, the employee may not have a problem, but if its permissible in their lifestyle, and your company covers other people not hired by the company, theres a huge loss potential that the company can do nothing about, other than utterly ban such culture from the work place."}
{"_id": "396789", "title": "", "text": "I see this as less conspiratorial than the housing market shenanigans because auto manufacturers really have no other choice but to make financing easier because if they didn't, they wouldn't be selling many cars and trucks.   The 2008 financial meltdown happened mainly because of derivatives. I don't know of any packaged bonds or CDOs made up of auto loans with credit default swaps riding on their backs.  So, a wave of defaulted auto loans just means that it will become a buyers market for used cars - if not another signpost of general American economic collapse."}
{"_id": "396792", "title": "", "text": "\"Paypal linked with my bank account. 1.Can I use my Saving bank account to receive payments from my clients? Or is it necessary to open a current account? Yes you can get funds into your savings account. However it is advisable to keep a seperate account as it would help with your IT Returns. 2.I will be paying a certain % as commission on every sales to a couple of sales guys (who are not my employees but only working on   commission). Can I show this as an expense in my IT returns? As you are earning as freelancer, you are eligible for certain deductions like Phone calls, Laptop, other hardware, payments to partners. It is important that you maintain a book of records. An accountant for a small fee of Rs 5 K should be able to help you. In the Returns you have to show Net income after all these deductions, there is no place to enter expenses.   3.Since I will be receiving all the payments in Euros so am I falling under a category of \"\"Exporter of services\"\"? The work you are doing can be Free Lancing.    4.Do I need an Import Export Code (IEC) for smoothly running this small business? You can run this without one as Free lancing. IEC would be when you grow big and are looking for various benefits under tax and pay different taxes and are incorporated as a company.\""}
{"_id": "396803", "title": "", "text": "Where do you live that an apartment costs $1000 but the minimum wage is still the federal minimum? For example NYC is expensive, but they have a $11.50 minimum wage to compensate. San Francisco's minimum wage is $10.24. You'd have to be living in a big city for that kind of rent, but big cities have higher minimum wages.  As for childcare, $1000 also seems very high. A reasonable childcare center in most parts of the country should cost arond $400 or so.   http://childcare.about.com/od/costofchildcare/qt/daycarecost.htm"}
{"_id": "396807", "title": "", "text": "In your journal entry, debit the appropriate expense account (office supplies, etc) and credit your equity account.  The equity account should be called something like Partner Investments or something like that. You can choose to enter these all separately, on the specific dates listed, or as one entry.  Some people choose to summarize the expenses they've paid personally and only enter one entry per month or so, to minimize data entry time and also because the end effect is the same. Of course, the above is assuming you are considering these purchases to be investments in the company, and not expecting the company to repay you.  If you are expecting repayment, you could enter a bill instead, or credit an account like 'Loan from Shareholder' rather than the equity account."}
{"_id": "396810", "title": "", "text": "It was $13,000 in 1996 and it's $12,800 now, just to save people a click.  Edit: and that's only a straight average of accounts and only from Bank of America. It could just be that people have chosen to save with another bank or to keep more money in stocks or retirement accounts rather than savings accounts.  This article is pretty much garbage."}
{"_id": "396817", "title": "", "text": "If you're getting 0% on the financing, it's not costing you anything to borrow that money. So its basically free money. If you are comfortable with the monthly payments, consider going with no downpayment at all. Keep that money aside for a rainy day, or invest it somewhere so that you get some return on it. If you need to lower the payments later you can always use that money to pay down part of the loan later (check with the dealer that it is an open loan). If you're not comfortable with the payments at 0 down, put enough down to bring the monthly payment to a level where you are comfortable."}
{"_id": "396819", "title": "", "text": "To make the buying process less complicated and to ensure you end up with the energy savings roof fan that is going to work best for your needs, we wanted to provide some helpful tips on what to look for when searching for an attic fan for the home."}
{"_id": "396827", "title": "", "text": "&gt; Why is this not a monopoly?   Because as big a retailer as Amazon is, it's still smaller than CVS as of 2016 in terms of retail sales (the latest year for which data is available): https://nrf.com/resources/annual-retailer-lists/top-100-retailers/stores-top-retailers-2016  It's not even close to Wal-Mart."}
{"_id": "396835", "title": "", "text": "If you have kids, there are also 529 funds to consider. They aren't pre-tax, but do have tax advantages. If your employer doesn't have a 401k, chances are they don't offer Health Savings Accounts, but that is another thing to look at."}
{"_id": "396844", "title": "", "text": "It depends on the sequence in which the order [bid and ask] were placed. Please read the below question to understand how the order are matched. How do exchanges match limit orders?"}
{"_id": "396852", "title": "", "text": "One possible downside is contribution limit.  The 401K contribution limit is $18,000 for 2016, which is more than three times the limit for IRA contributions ($5,500)."}
{"_id": "396853", "title": "", "text": "\"A \"\"true\"\" 0% loan is a losing proposition for the bank, that's true.  However when you look at actual \"\"0%\"\" loans they usually have some catches: There might also be late payment fees, prepayment penalties, and other clauses that make it a good deal on average to the bank.  Individual borrowers might be able to get away with \"\"free money\"\", but the bank does not look to make money on each loan, they look to make money on thousands of loans overall. For a retailer (including new car sellers). the actual financing costs will be baked into the sales price.  They will add, say, 10% to the sales price in exchange for an interest-free loan. They can also sell these loans to an investment bank or other entity, but they would be sold at a deep discount, so the difference will be made up in the sales price or other \"\"fees\"\". It's possible that they would just chalk it up to promotional discounts or customer acquisition costs, but it would not be a good practice on a large scale.\""}
{"_id": "396880", "title": "", "text": "\"IT actually doesn't have the issue with the charg enumber thing because the Manhour allocation charge covers IT support so we don't bill our time out.  It is mostly just people who work direct for projects that pull the \"\"give me a charge number\"\" business. Also, it isn't everyone either. Mostly just the douchebags.  Additionally, a department policy like you suggest actually sounds like a great Idea. I think I like you. However, in a company our size, it would get abused more than it would be respected. Great programs and policies like that always get bombed in my company because of a a 20% group of dickbags.\""}
{"_id": "396889", "title": "", "text": "\"Welcome to Money.SE. Your question is similar to a number of others. The \"\"How do I pay my debt down?\"\" and \"\"How do I invest extra money?\"\" is a bit of a continuum since there's no consensus than one should pay off the last cent of debt before investing.  Oversimplify it for me: the correct order of investing offers a good look at this. You see, Pete's answer on your question is perfectly fine, but, since you make no mention of, say, a matched 401(k), I'd suggest that any answer to a question like yours should first take a step back and evaluate the bigger picture. A dollar for dollar matched 401(k) beats paying off even an 18% credit card.  Absent any tangents, any thought of investing, saving for anything else, etc, my answer is simple, line up the debt, highest interest rate to lowest. Keep in mind the post-tax rate, i.e. a 6% student loan you can deduct, is an effective 4.5% if you are in the 25% bracket.\""}
{"_id": "396900", "title": "", "text": "I was waffling on whether this article was interesting or just painfully obvious to anyone who knows a goddamn thing about marketing, until...  &gt; ...the ShamWow! guy\u2019s success (if any), came from his comical arrest when he beat up a prostitute."}
{"_id": "396901", "title": "", "text": "The biggest problem Chinese car companies will face abroad is making a car that isn't a piece of shit.  Other brands would happily allow them to sell with their badge to help them get into the market if they produced something viable."}
{"_id": "396933", "title": "", "text": "I would say you are typical.  The way people are able to build their available credit, then subsequently build their average balances is buy building their credit score.  According to FICO your credit score is made up as follows: Given that you had no history, and only new credit you are pretty much lacking in all areas.  What the typical person does, is get a card, pay on it for 6 months and assuming good history will either get an automatic bump; or, they can request a credit limit increase. Credit score has nothing to do with wealth or income.  So even if you had 100K in the bank you would likely still be facing the same issue.  The bank that holds the money might make an exception. It is very easy to see how a college student can build to 2000 or more.  They start out with a $200 balance to a department store and in about 6 months they get a real CC with a 500 balance and one to a second department store.  Given at least a decent payment history, that limit could easily increase above 2500 and there could be more then one card open.   Along the lines of what littleadv says, the companies even welcome some late payments.  The fees are more lucrative and they can bump the interest rate.  All is good as long as the payments are made. Getting students and children involved with credit cards is a goal of the industry.  They can obtain an emotional attachment that goes beyond good business reasoning."}
{"_id": "396941", "title": "", "text": "\"I'd like to see the network return to at least the \"\"quality\"\" it was six-to-eight months ago and then I have to wait and see if they roll out LTE in my market.      Essentially, my service is worse than it has ever been and it has kinda sat at that barely usable state for a few months.  Luckily, I can get a wifi signal most places so I can survive until December when I'll get a better idea if they are going to ignore my market.\""}
{"_id": "396943", "title": "", "text": "Well guess all good things come to an end. Sears has been around since 1886! Funny enough, my local sears is actually remodeling. I assume Macy's retailer is one of the very few old American store's still successful 100+ years later."}
{"_id": "396959", "title": "", "text": "Insurance is not health care.  Insurance is a financial instrument designed to protect the insured from short term shocks caused by some calamity by spreading out the cost over time.    Not covering someone with a pre-existing condition is similar to an car-insurance company refusing to pay for repairing a damaged car, where the damage was caused prior to obtaining insurance.  Not to be rude but failure to understand that utterly simple basic financial concept is exactly the sort of willful ignorance I'm talking about.  What you are interested in is 'justice'.  Someone was harmed by a desease which is tragic for the individual, and in some sense 'cosmically unfair'.   It isn't however the fault of the insurance company that the person didn't purchase a policy beforehand.  It would in fact be unfair to existing policy holders if the insurance company pays such claims, as it would raise their rates to cover those who will now rationally choose not to get insurance until after they have a claim."}
{"_id": "396968", "title": "", "text": "Basically, no. You have retirement plan options and can either go with a Roth option, which won't change your current tax burden, or go with a traditional plan, which is tax deductible  but won't change your business deductions or self-employment taxes. This article has an explanation of options for setting up SEP or Solo 401k plans. Key quote for all the pre-tax retirement plans: Because pre-tax employer and employee contributions are deducted in   the same way, neither one is more tax-efficient than the other. The article goes on to say that if you were an S Corp or LLC that elected to be taxed as an S Corp, a Solo 401(k) plan would allow the business to make an employer contribution to your 401(k) and even then there's no tax advantage to the employer contribution. Conclusion for S-corps: [Employer contributions] would reduce the amount of income from the S-corporation that   would be passed through to you as the owner, thereby reducing your   income tax. But, because this income is not subject to payroll taxes   in the first place, these contributions will not reduce your payroll   taxes."}
{"_id": "396970", "title": "", "text": "Wait... You mean that the government interfering with the market was a net negative?!  It's almost as if the government is full of humans, who, by nature, are short sighted and only concerned with being re-elected.  What could possibly go wrong by allowing them to meddle in the markets?"}
{"_id": "396974", "title": "", "text": "The problem is very fundamental. Equity is traded on limit order books while fixed income is not. Meaning counterparty to counterparty, if you buy a bond off say barclays, chances are if you hit them for a price to sell it will be somewhat higher than the market as they do not want you to just take their money.  Putting fixed income on a limit order book could help however there may be fundamental liquidity problems on some smaller issues."}
{"_id": "396982", "title": "", "text": "\"Getting a specific service recommendation is off-topic, but the question of what type of professional you need seems on-topic to me.  You may be looking for more than one professional in this case, but you could try these to start your search: Different people do things differently, but I think it would be pretty common to have a relationship (i.e. contract, retainer agreement, at least have met the person in case you have an \"\"emergency\"\") with a business law attorney and either a CPA or tax attorney.  You may try not to use them too much to keep costs down, but you don't want to be searching for one after you have an issue. You want to know who you're going to call and may establish at least a basis working relationship.\""}
{"_id": "396985", "title": "", "text": "The Greek Piraeus Bank offers such services for trading stocks in Athens Stock Exchange (ASE) and in addition 26 other markets including NASDAQ, NYSE and largest European ones (full list, in Greek). Same goes for Eurobank with a list of 17 international markets and the ability to trade bonds. BETA Securities has also an online platform, but I think it's only for ASE. Some other banks (like National Bank of Greece) do have similar online services, but are usually restricted to ASE."}
{"_id": "397012", "title": "", "text": "I agree. Money has been funnelled to the top and debt on the those at the bottom for so long people just can't afford to buy a house. Student loans are as expensive as a house. Who can afford two payments like that?"}
{"_id": "397027", "title": "", "text": "If it's a small one person business he will have to sign a personal guarantee no matter what he does with respect to incorporating. Not saying your idea isn't worth looking into but no bank will lend him money without a personal guarantee."}
{"_id": "397054", "title": "", "text": "\"Do you know who this guy is? He's the one who bankrupted himself building a replica of Versailles in Florida, then had the audacity to say  &gt;\"\"people like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for.\"\"  Bullshit! He didn't invest in himself, he spent money he didn't have on the most expensive house in America so he could live in a place that's entire history epitomizes decadence and luxory at the expense of everyone else. And how in the fuck does his personal tax rate affect his ability to run a business? He straight up says  &gt;\"\"I have enough money for the rest of my life and enough to leave a good inheritance for our kids.\"\"   He admits that every paycheck from here on out is superfluous, so in what reality does an extra 5% in taxes so badly inconvenience him that he would be forced shut down his entire company? He's a scumbag. He doesn't care about his employees at all, he's a greedy douchebag who is trying to bully people into voting in his best interests, and his best interests absolutely *do not* line up with his employees'.\""}
{"_id": "397058", "title": "", "text": "&gt; Right to all of that but don't they still need US Treasuries to keep their currency competitive? Even   The Fed is not the only one who can do QE song and dance. Everybody can print money, its not a terribly hard concept."}
{"_id": "397059", "title": "", "text": "California and New York are very aggressive when it comes to revenue and taxes. As such, mere having an employee in these States creates a nexus and tax/filing liability for the company. @Adam Wood mentioned sales tax - that is correct. Having an employee in the State of California will require collecting sales tax for CA, and if until now your employer didn't have to - that would be a good enough reason to refuse your request. In addition to sales taxes, there's also the issue of corporate filings (they will now have to file paperwork in CA and pay CA franchise taxes just because of you) and payroll taxes (which are pretty high in CA and NY). It will also subject the to CA/NY/WA labor laws, which are more liberal than in most of the other States. Washington doesn't have personal income tax, but does have corporate income tax and sales tax, so I'm guessing the reasons to exclude this State are the same."}
{"_id": "397081", "title": "", "text": "Is the pay cycle every 2 weeks? So 30% each two week period is 1.3^26 = 917.33 or an APR of 91633%.  Loansharks charge less, I believe standard vig was 2%/week for good customers. Only 180% per year."}
{"_id": "397104", "title": "", "text": "(xposted comment from a discussion in /r/economics)  I work for (and am a cooperative owner of) [Equal Exchange](http://www.equalexchange.coop). We are a food and beverage company.  We have a pretty conventional management structure and division of labor. We all get regular paychecks (and awesome benefits). The  company did over $55 million in sales last year and has been profitable for 23 of the last 24 years (don't ask us about 1997. We lost $7,000).  What's different? Well, last year, every single worker/owner got the same share of the profits: about $6,500. Didn't matter what your job was.  Also, the board its entirely elected by the workers: one worker, one vote. Only the workers can nominate and vote for the board. Six if the nine members of the board are workers. They can fire the CEO (and we did once). The workers as a whole have to approve major (really major) decisions, and also any changes to the company bylaws.  It's a crazy company that most textbooks would say is impossible, yet here we are.  [Here](http://equalexchange.coop/about/annual-reports) are our annual reports. In 2013 we had $56 million in sales and $2.65 million in pre-tax profits. We buy almost all our products from small-farmer co-operatives, and we sell our products to virtually every consumer grocery co-operative in the US (among many other places).  Edit: fixed typos"}
{"_id": "397135", "title": "", "text": "Wow, that is filled with misinformation. What are you trying to achieve here? L1 has a 5yr limit, and requires a ton of evidence to support the fact that you were previously working in a managerial/executive function with the same parent company. In order to prove that, you need to be making a reasonably large salary too. It has to be applied for by the employing company, through a lawyer. What a load of hogwash, don't write about topics you have no knowledge of."}
{"_id": "397138", "title": "", "text": "What I'm asking is, what's bitcoins cup of coffee? I understand it works now, it's value makes sense and nothing your saying is wrong but that's not what I'm saying. Pork bellies will still make bacon even if no single person in the world wants to buy a pork belly. This isn't the case for bitcoin, or any fiat currency for that matter. BUT other fiat currencies have a much more established place in the market when compared to bitcoin. That's all I'm saying. It's a volatile value and the price fluctuation alone proves that."}
{"_id": "397152", "title": "", "text": "To be confident in your solution, and get the best solution for you, consult a local accountant, preferably one who is specialized in taxes for businesses.  Or muddle through the code and figure it out for yourself.  The primary advantage in consulting with an accountant is that you can ask them to point out ways you can restructure your expenses, debts and income in order to minimize your tax burden.  They can help you run the numbers for the various options and choose the one that is right, numerically."}
{"_id": "397166", "title": "", "text": "The put will expire and you will need to purchase a new one. My advise will be that the best thing is to sell more calls so your delta from the short call will be similr to the delta from the equity holding."}
{"_id": "397175", "title": "", "text": "See if the bank has other credit cards they offer. Many banks have multiple ones: some cards have great benefits, others do not; some cards have high rates, some do not; some cards are secured, some do not.  If they have a card that you like ask them to switch you to the card you want. They should be able to do so very easily. Your card number will change, but they will treat it is a replacement so that your credit score will not take a hit during the switch. It may be possible to get them to waive the annual fee, but most won't because each card type they offer are separate products so they only allow you to pick one of their options. If they don't have a card to your liking apply for a card from anther bank that has the benefits and annual fees (zero) that you are looking for. It may be that the new card will start with a lower limit, but it will increase over time, especially as you shift more of your business to the new card. When you cancel the old card before the next year rolls around you will take a small short hit to your credit score, but that is ok."}
{"_id": "397186", "title": "", "text": "\"Usually not the total interest, but all interest accrued and unpaid to date. This is called the \"\"Loan Payoff Amount\"\", and repays the bank their principal plus the \"\"true\"\" cost of capital on that principal since your last amortized payment (which is probably never, since you just signed the loan papers). There may also be a \"\"prepayment penalty\"\". This is something that should have been disclosed to you if it exists, but it's fairly rare in U.S. mortgages anymore.  The theory is, the bank got the money they paid you at the start of the loan by selling a bond package backed by your mortgage and others of similar credit history and/or about the same time (a \"\"mortgage-backed security\"\"). By turning around and paying early, you meet your obligation, but the bank is now stuck with at least 10 years of quarterly coupon payments on that bond, which they were expecting to pay using your mortgage interest. For their trouble, you would pay an additional amount that either covers their \"\"call price\"\" on the portion of the bonds used for your principal, or simply buys them the time to re-issue a new mortgage using your repaid principal to back the bond again. In the modern housing market, such a prepayment penalty is very rare, because so many lenders are willing to give you a mortgage without one, and so many buyers balk at the thought of having to pay more if they pay early; the whole point is to pay less by paying early. Just something to look up in your mortgage documentation.\""}
{"_id": "397190", "title": "", "text": "HAHA you think they care about quality of life?  they care about who they can recruit and how easy that will be.  Your quality of life will be shit while you work for them and that's not their concern.  Their concern is extracting value from human capital."}
{"_id": "397205", "title": "", "text": "Dem robots took muh jerb! Technology scares me! You can't fight progression dude. Imagine if we decided to throw away innovation to keep jobs from being lost. I for one miss the days of actual operators sitting at a switch board moving my calls around."}
{"_id": "397212", "title": "", "text": "On 2012/05/18 at 15:34:00 UTC (11:34:00 EDT) FB was in chaos mode.  The most recent public US trade at that moment was at $40.94, but in the next one second (i.e. before the clock hit 15:34:01) there were several dozen trades as low as $40.76 and as high as $41.00. On 2012/05/30 at 17:21:00 UTC (13:21:00 EDT) the most recent public US trade for FB was at $28.28."}
{"_id": "397230", "title": "", "text": "Annnnd...now the same nationalists who cry about immigration, will be crying about the cost of the goods at the store going up. I am sure they will try to blame people who have nothing to do with it, and ignore the policies and the party and people who enacted them."}
{"_id": "397262", "title": "", "text": "In addition to stoj's two good points I'll add a couple more reasons: 3)  In some situations there are secondary factors involved that can make it a good deal.  These normally amount to cases where you can buy the insurance with pre-tax dollars but would have to pay the bills with post-tax dollars. 4)  Insurance companies know much better what things should cost and often have negotiated rates.  A rich person would generally be well-served to have health insurance for this very reason."}
{"_id": "397269", "title": "", "text": "Then you sir are one of the lucky few. I had a friend graduate with an English Literature degree and remain unemployed for 3 years because he didn't want to teach high school. He ended up back in college getting a Comp. Sci. degree.  BTW, what do you do and I'm assuming you were employed already while in night school?"}
{"_id": "397273", "title": "", "text": "Companies in Korea are unlike companies in the West. While he was CEO by title the person who actually wielded top power was the son of the Chairman who was set to \u201cinherit\u201d the company due to...being the son of the chairman.  In Korea, people liken CEOs as essentially a royal-family system. It\u2019s not merit based, and you often see incredibly hands off, young, and/or irresponsible CEOs while the working class within the company actually maintains its success.  It\u2019s weird for us to think about as Westerners because we see the CEO being a merit and experienced based position optimized for shareholder earnings."}
{"_id": "397277", "title": "", "text": "I've gone as far as to BLOCK the games and other apps that show up on my wall. Keeps my facebook feed interesting, but everyone I tell thinks I'm crazy for not being interested in what crappy games they play."}
{"_id": "397289", "title": "", "text": "When you get up from the bed, there are few things you would expect like taking outfit for jogging and later for office.Once you keep all your clothes in wardrobe, it is easy for anybody to use them in proper.But what could be the right one for your goods like clothes, shoes and other paper items."}
{"_id": "397290", "title": "", "text": "Typically in a developed / developing economy if there is high overall inflation, then it means everything will rise including property/real estate. The cost of funds is low [too much money chasing too few goods causes inflation] which means more companies borrow money cheaply and more business florish and hence the stock market should also go up.   So if you are looking at a situation where industry is doing badly and the inflation is high, then it means there are larger issues. The best bet would be Gold and parking the funds into other currency."}
{"_id": "397291", "title": "", "text": "In GA, LLC fees are $50 a year. Incorporating is a one time $100 fee. This information is current as of September 2013."}
{"_id": "397313", "title": "", "text": "As a dutch guy having lived in Canada for some time, and went down the the states a lot; I was extremely surprised how outdated your banking technology is.  A lot of mutations require me to physically visit a bank (often my specific branch), and I couldn't believe it when I saw that people still use cheques. Before I moved, I just remembered them from my very early childhood.  Get your shit together North America :)"}
{"_id": "397324", "title": "", "text": "\"Probably not what you want to hear, but: Open a savings account. Deposit a pre-determined amount every month. Write down what you are saving for in specific detail. Emergencies are injury, sickness, auto breakdowns, bail money, eviction, nasty stuff like that. If you are saving up for something fun, trip to Europe, car, etc. write that down. Do not take from the account for any other purpose. Avoid taking it out even in lesser emergencies if you can do so without incurring debt. Don't daydream about what you could do with it. It is not for that. It's purpose should be singular. Keep an extra, smaller amount for frivolous stuff in your main checking or a different savings. Use that for impulse buys, and if the impusle can't be afforded by that amount, train yourself to know \"\"can't\"\". I can't buy that, it's not in the budget. Not I shouldn't. I can't. Good luck!\""}
{"_id": "397325", "title": "", "text": "\"To summarize, there are three basic ways: (3) is the truly dangerous one. If there is a lot of short interest in a stock, but for some reason the stock goes up, suddenly a lot of people will be scrambling to buy that stock to cover their short position -- which will drive the price up even further, making the problem worse.  Pretty soon, a bunch of smart rich guys will be poor guys who are suddenly very aware that they aren't as smart as they thought they were.  Eight years ago, such a \"\"short squeeze\"\", as it's called, made the price of VW quadruple in two days.  You could hear the Heinies howl from Hamburg to Haldenwanger. There are ways to protect yourself, of course.  You can go short but also buy a call at a much higher price, thereby limiting your exposure, a strategy called a \"\"straddle\"\", but you also reduce your profit if you guessed right. It comes down to, as it always does, do you want to eat well, or to sleep well?\""}
{"_id": "397329", "title": "", "text": "In the current economy there is no upside to working for yourself.  Get in a salaried position as soon as you can, and sacrifice to whatever gods you worship that you don't get made redundant. If you're already working for yourself, and wouldn't give it up for anything, hire someone, and get them off the street."}
{"_id": "397332", "title": "", "text": "The typical structure of an HFT group is very small and flat. A few dozen people (maybe). The firm's capital is at risk, so the principals are usually very involved in what everyone is doing. I haven't seen any of these guys take up the title CEO."}
{"_id": "397340", "title": "", "text": "So, my question is what is the limit below which I don't have to pay taxes while trading. I just invested $10. Do I have to pay taxes for this too? what are the slabs? Any income is subject to tax. That said, investing $10 will probably not generate much of income, even at the discount brokers most of it will be wasted on commissions... I am also having an assistantship. So is holding two sources of income legitimate? Thanks You can have as many sources of income as you want. Working is what is restricted when you're on a student visa. As long as you don't open a business as a day trader or start working for someone trading stocks - you're fine."}
{"_id": "397341", "title": "", "text": "\"&gt;5.) Target allowed the use of the coupons for gift certificates, negating the profit they would have made themselves. The customers did not create this situation.  So you're stating that everyone who has ever taken advantage of a poorly programmed system to do something they shouldn't have in no way broke any laws? I believe there are many people currently in prison who may have a different perspective on that one. Ask the guy who guessed Sarah Palin's email password how that theory worked out.  &gt;Target also renewed the coupon system with full knowledge of the circumstances.  The article is very unclear if Target was aware of the first thread (for the initial promotion) or the second thread (the second promotion). In fact, based on the narration of the article, Target's \"\"full knowledge\"\" doesn't come into play until it's discussing the second promotion (but I admit it is very unclear). It would be incredibly difficult to update a corporate system or put safeguards in place *at every register* over the course of a weekend if it was indeed the second thread that Target noticed. Their only option would be to either invalidate all coupons (and piss off *a lot* of honest people) or to take the beating.\""}
{"_id": "397344", "title": "", "text": "There have been some really great motorcycles that have been developed by Ducati, Honda, Indian, and other motorcycle manufacturers. Indian motorcycles are rivaled only by those from Harley-Davidson for the sense of Americana them  in spirit. The 1946 Indian Chief typified the Indian 741 motorcycle presence carried by motorcycle from this famous American motorcycle maker. Indian motorcycles used in World War II, when these big bikes were renowned for their power, styling, and high-speed stability."}
{"_id": "397358", "title": "", "text": "This is probably a good time to note that credit is not a liquid asset, and not an emergency fund. Credit can be revoked or denied at any time, and Murphy's law states that you may have issues with credit when everything else goes wrong too."}
{"_id": "397362", "title": "", "text": "Where does your image show the following entry:  * Massive fees paid to parent corporation in tax-free state, to avoid local income tax  This is much like the way Microsoft siphons off ALL its revenue to some tax-free haven with similar deals.  If I were benevolent dictator, there would be no income tax, and no tac on profit of any kind. There would only be Sales Tax.  Corporations can't avoid or evade sales taxes, because they are leveraged at the point of sale, and the vendor send the government the money.  Income tax is retarded."}
{"_id": "397367", "title": "", "text": "In general, you most definitely can. In some cases you must. However for each State you'll have to check whether you can choose how to depreciate. Many States require you to take the same depreciation as on the Federal schedule, including Sec. 179, others won't allow Sec. 179 at all. Specifically to PA, I haven't found any current guidance, but the rules from 2012 put PA in the bucket that requires you to take the same Sec. 179 on the State return as appears on your Federal return. If you elect to expense Section 179 Property for FIT purposes, you are   required to expense the property for PIT purposes. However PA limit for Sec. 179 is $25K, so if your Federal deduction is larger - you can depreciate the rest. Check with a PA-licensed CPA or EA for a more reliable opinion, since I'm not a tax adviser. Just googled it."}
{"_id": "397369", "title": "", "text": "True, but it's still money that (in theory) could be paid to the employee instead, in the same way that the employer's social security contribution could also be paid to the employee.  Note that I'm not saying that if the law were changed, every employer would suddenly increase wages by _x_ percent; merely that these taxes all fit into wage calculations along with perquisites, salaries, overhead, etc."}
{"_id": "397375", "title": "", "text": "One surprising thing in your analysis was classifying Applebees as quick service restaurant. Do people really think like that? Personally I always thought Applebees as a regular restaurant just one of the cheap ones? The time it takes to eat at Applebees vs another restaurant is really not that different unless you are talking about very expensive restaurants with multi course menus. So when comparing places, time is usually not a factor and it boils down to quality and price.  Unfortunatley Applebees suck at quality and their price isn't really that different from other bar restaurants in our area."}
{"_id": "397383", "title": "", "text": "What is your investing goal? And what do you mean by investing? Do you necessarily mean investing in the stock market or are you just looking to grow your money? Also, will you be able to add to that amount on a regular basis going forward? If you are just looking for a way to get $100 into the stock market, your best option may be DRIP investing. (DRIP stands for Dividend Re-Investment Plan.) The idea is that you buy shares in a company (typically directly from the company) and then the money from the dividends are automatically used to buy additional fractional shares. Most DRIP plans also allow you to invest additional on a monthly basis (even fractional shares). The advantages of this approach for you is that many DRIP plans have small upfront requirements. I just looked up Coca-cola's and they have a $500 minimum, but they will reduce the requirement to $50 if you continue investing $50/month. The fees for DRIP plans also generally fairly small which is going to be important to you as if you take a traditional broker approach too large a percentage of your money will be going to commissions. Other stock DRIP plans may have lower monthly requirements, but don't make your decision on which stock to buy based on who has the lowest minimum: you only want a stock that is going to grow in value. They primary disadvantages of this approach is that you will be investing in a only a single stock (I don't believe that can get started with a mutual fund or ETF with $100), you will be fairly committed to that stock, and you will be taking a long term investing approach. The Motley Fool investing website also has some information on DRIP plans : http://www.fool.com/DRIPPort/HowToInvestDRIPs.htm . It's a fairly old article, but I imagine that many of the links still work and the principles still apply If you are looking for a more medium term or balanced investment, I would advise just opening an online savings account. If you can grow that to $500 or $1,000 you will have more options available to you. Even though savings accounts don't pay significant interest right now, they can still help you grow your money by helping you segregate your money and make regular deposits into savings."}
{"_id": "397426", "title": "", "text": "This is a good point and where I think we should start the conversation.  We have three coins: the penny, nickel, and dime, which have so little value that people question whether it's even worth the time to handle them.  I think we should consider just getting rid of all three and start pricing everything in multiples of 1/4 dollars.  There are some things, like gas, stocks, etc... that may still need to be sold in smaller increments, but do those things really make the costs and effort of minting and handling pennies, nickels, and dimes, worth it?"}
{"_id": "397445", "title": "", "text": "\"That share class may not have a ticker symbol though \"\"Black Rock MSCI ACWI ex-US Index\"\" does have a ticker for \"\"Investor A\"\" shares that is BDOAX.  Some funds will have multiple share classes that is a way to have fees be applied in various ways.  Mutual fund classes would be the SEC document about this if you want a government source within the US around this. Something else to consider is that if you are investing in a \"\"Fund of funds\"\" is that there can be two layers of expense ratios to consider.  Vanguard is well-known for keeping its expenses low.\""}
{"_id": "397449", "title": "", "text": "You can keep your Mutual Funds. You have to communicate your new status to fund house.  The SIP can continue. Please note you have to convert the savings account to NRO account. Most banks would keep the account number same, else you have to revise SIP debit to new NRO account. From a tax point of view, it would be similar to resident status. Right now short term gains are taxed. There are quite a few other things you may need to do. Although dated, this is a good article. PS: Once you become resident alien in US for tax purposes, you are liable for taxes on global income."}
{"_id": "397450", "title": "", "text": "The CEO of a public company can, and often does, buy (and sell) the stock of his company. In fact, frequently the stock of the company is part of the compensation for the CEO. What makes this legal and fair is that the CEO files with the SEC an announcement before he buys (or sells) the stock. These announcements allow us 'in the dark' people enough warning ahead of time.  See, for example, the trades of UTX stock by their public officers. As for trading on information about other companies, if I am not mistaken... that is why Martha Stewart wound up in prison. So, yeah, it does happen. I hope it is caught more often than not.  On a related note, have you seen the movie 'Wall Street' with Charlie Sheen and Michael Douglas?"}
{"_id": "397453", "title": "", "text": "You'll know because you'll have to get people to work below you. For example, if you're hired you might have to find 2 people to work for. Those 2 people will have to find 2 people of there own. Those new people will have to find 2 people of there own, and if you draw it out on paper it looks like a pyramid."}
{"_id": "397455", "title": "", "text": "Mortgages with a prepayment penalty usually do not charge points as a condition of issue. The points, usually in the range 1%-3% of the amount borrowed, are paid from the buyer's funds at the settlement, and are effectively the prepayment penalty.  Once upon a time (e.g. 30 years ago), in some areas,  buyers had a choice of  This last option usually had a higher interest rate than the first two. It was advantageous for a buyer to accept this option if the buyer was sure that the mortgage would indeed be paid off in a short time, e.g. because a windfall of some kind (huge bonus, big inheritance, a killing in the stock market, a successful IPO) was anticipated, where the higher interest charged for only a few years did not make much of a difference. Taking this third option and hanging on to the mortgage over the full 15 or 20 or 25 or 30 year term would have been a very poor choice. I do not know if all three options are still available in the current mortgage market. The IRS treats points for original morttgages and points for re-financed mortgages differently for the purposes of Schedule A deductions. Points paid on an original mortgage are deductible as mortgage interest in the year paid, whereas points paid on a refinance must be amortized over the life of the loan so that the mortgage interest deduction is the sum of the interest paid in the monthly payments plus a fraction of the points paid for the refinance. The undeducted part of the points get deducted in the year that the mortgage is paid off early (or refinanced again). Prepayment penalties are, of course, deductible as mortgage interest in the year of the prepayment."}
{"_id": "397490", "title": "", "text": "&gt; Pensions should be held in an arms length trust independent trust and the company should have no access to it.  This is, at least theoretically, the situation in the United States.  There are plenty of restrictions as how trust assets are protected from the company itself.  &gt; All workers should be paid before executives or creditors see dime one.  All employees in the United States, that have benefits on an underfunded pension plan are protected by the PBGC.  It is 'pension insurance', and will make up the difference in any participant's pension.  It doesn't provide preferential payments to 'executives last', but it does cap payments at a certain amount - it's about $60k/year in 2017.  &gt; This is why unions need to get their shit together and break these laws for the rich, by the rich.  Unions take money away from workers, too, in the form of dues.  They also have the capability of running companies into the ground.  GM and Hostess are two examples that got plenty of press.  Unions are important, don't get me wrong.  But there is no 'rich' here to rob.  This company has been going downhill for 30 years, and they are downright terrible.    &gt; When one of these execs walks away with millions of worker's earnings in their pockets  US perspective:  If this happens, it's because they deferred their own salary.  They took a pay cut, basically lending their money to the company.  These plans aren't protected under bankruptcy, so if the company fails, they lose the vast majority of their pension.  There is no protest needed.  The laws are just fine in this particular case.  &gt; If you let them steal your lunch money without a black eye you'll starve.   There really isn't any lunch money stolen here.  Just a terrible company with short-sighted management, who missed the boat on technological improvements 25 years ago."}
{"_id": "397492", "title": "", "text": "It sort of depends on what happens in the future. If the economy eventually comes back and the old norm returns, then it will certainly be Gen X who lost out the most, because as Badwolf stated, this is the time Gen X'ers should be taking the period the Millenials are in right now, and using it to maximize their wealth. That's a 10-20 year period, and so far from 2008-2012 it's been vaporized. That's up to 1/4 of their maximization period gone, and they can never really get that back. Millenials still have time.  On the flip side, if the economy DOESN'T return, then Millenials will be in a lot of trouble, what with the college debt they've incurred and no means of ever really finding a career. However, if that ends up being the case, I think we're going to all be in a lot of trouble anyway, so probably the Millenials' problems will end up paling in comparison to whatever else presents itself."}
{"_id": "397510", "title": "", "text": "You should not form a company in the U.S. simply to get the identification number required for a W-8BEN form. By establishing a U.S.-based company, you'd be signing yourself up for a lot of additional hassle!  You don't need that.  You're a European business, not a U.S. business.  Selling into the U.S. does not require you to have a U.S. company.  (You may want to consider what form of business you ought to have in your home country, however.) Anyway, to address your immediate concern, you should just get an EIN only.  See businessready.ca - what is a W8-BEN?.  Quote: [...]   There are other reasons to   fill out the W8-BEN but for most of   you it is to make sure they don\u2019t hold   back 30% of your payment which, for a   small company, is a big deal. [...]   How do I get one of these EIN US taxpayer identification numbers? EIN stands for Employer Identification   Number and is your permanent number   and can be used for most of your   business needs (e.g. applying for   business licenses, filing taxes when   applicable, etc).  You can apply by   filling out the Form SS-4 but the   easier, preferred way is online. However, I also found at IRS.gov - Online EIN: Frequently Asked Questions the following relevant tidbit: Q. Are any entity types excluded from   applying for an EIN over the Internet?   A. [...]   If you were incorporated outside of the United States or the U.S.   territories, you cannot apply for an   EIN online. Please call us at  (267)   941-1099 (this is not a toll free   number) between the hours of 6:00 a.m.   to 11:00 p.m. Eastern Time. So, I suggest you call the IRS and describe your situation:  You are a European-based business (sole proprietor?) selling products to a U.S.-based client and would like to request an EIN so you can supply your client with a W-8BEN. The IRS should be able to advise you of the correct course of action. Disclaimer: I am not a lawyer.  Consider seeking professional advice."}
{"_id": "397527", "title": "", "text": "I haven't read the paper, but have read similar papers before, will likely read this paper here in a while.   I can see the use for patents to a degree. Not the way they are now, but in some form or another I think they should still exist. I am not under the delusion of they help innovate. I see them more or less as bringing stability to the marketplace/business. The changes I would like to see made, is on certain patents, or probably all patents, that they expire at a certain time. Or if the patent is not put to use in a given time frame that it falls back into the public domain. Expired patents being fully searchable online, for free.   I would also disallow any patenting of genes, or anything that nature has produced and or made. If some one makes a new element, or makes an absolutely new gene that has been seen, or found any where else, then sure patent it. But something that already exists? No.   I agree that patents do stifle creativity, and ultimately do harm us as a developing nation. Especially in it's current iteration. The solution I briefly went over would give a happy medium. It would do much less harm than now, and offer better innovation down the road. The stability question with relation to business/marketplace is how certain products are made and produced. Some people put a lot of time and effort into developing something and they need a little protection in doing it. 7 years or so should be enough to recoup that back and then some. After that time they can still produce said product, but would have to compete against everyone else who uses a similar design.   All in all I think every one can agree that the patent/copyright system needs serious overhaul, and not because it is too weak, but it is because it was designed, and implemented in a 20th century mindset, not a 21st. It worked somewhat well in the early 1900's but since then it has not. Things move at a faster rate now than they did then. As such in this day in age it is a lot stronger than it needs to be, and needs to be dialed back in a lot of areas. It needs to be overhauled by people who know the area well, and have no financial stake in the system one way or the other. Possibly people in academia with knowledge on the system and can offer valid arguments for it's change, and help to bring in common sense reforms to the system. With how fucked up it is now, it would probably be best to just scrap the system, and design a new system from the ground up. All currently held patents now have a 7 year life span. If the patent is not in current use, you have a year to show that you are working toward using the patent, rather than just shelving it so no one else can use it."}
{"_id": "397538", "title": "", "text": "\"It can be difficult when all your disposable income is spoken for.  Your options depend on how good your credit is and how flexible your expenses are.  I don't have all the answers without more details (possibly not then).  However, couple of points of advice: Paying off that credit card debt (and not adding any more to it) is your #1 priority.  You should make minimum payments to every other debt until you have done that because the interest on it will kill you in the mean time.  It is always optimal to pay the maximum to your highest interest debt and minimum to all other debts. 11% doesn't sound very good on your house loan.  You may want to consider refinancing.  That is, if you can get a lower rate.  You may also want to get a longer term loan (if you have enough discipline to use the extra income to actually pay off your credit card and then the put it toward the house when the cards are paid off). Look at options to increase your income, at least temporarily.  Second jobs and such.  When your finances are more in order, you can back off. The debt \"\"trap\"\" is behavioral.  We humans tend to increase our spending until we can't any more.  But the reason we can't spend any more is that we have increased our debt until we have no flexible income.  Then we are stuck for a long time and have few options. The only way out (long term) is to change our habits so that we don't increase spending each time we pay down a debt or get an increase to our income.  Financial discipline is the only way to have financial security.  Almost always the first step is to pay off credit cards and stop maintaining a balance (always pay off every card at the end of each month).  Then start paying off other debts from highest interest rate to lowest. This is a hard challenge and one most of us face at some point in our lives.  Good luck!\""}
{"_id": "397543", "title": "", "text": "\"Sycamore Partners \"\"saves\"\" brick and mortars from the ultimate death. By going private, these companies do not face the pressure of Wall Street and they can usually be saved and turn around a profit ( The Limited and Talbots are a few saved consumer shops)\""}
{"_id": "397545", "title": "", "text": "\"Rational in the economics context means making expected utility maximizing decisions with known information. That's it.   See those red berries? You were hungry and rational, so you ate them. Turns out they're poisonous. Now you're dying. Still rational.   Footnote implication: unless you're already doing it, the phrase \"\"I'd rather be [fishing]\"\" is necessarily untrue. That you're not, means that you'd rather be doing what you're doing.\""}
{"_id": "397551", "title": "", "text": "&gt; Not all CEOs are good  Exactly, so doesn't that show a disconnect in your argument? You claim CEO pay is high because CEOs must have a lot of skills.  But the Trump Organization has existed with Donald as the CEO for 45 years!  If you agree he does not have CEO skills then doesn't that show that CEO skills are not required for CEO compensation?"}
{"_id": "397553", "title": "", "text": "T. Rowe is my new 401 k company and they have been pretty professional the problem was they required information from my old employer who refused to give it to them. But I am in touch my my old 401 k account and will be doing some more research into the companies and processes you guys have given me amd try to choose what is best for me"}
{"_id": "397558", "title": "", "text": "Text of the whole entire article that got upvoted out the wazoo because it has Tesla in it:   &gt;Tesla has extended the warranty on the drive unit for the most popular version of its Model S sedan to eight years or infinite miles (whichever comes first). The policy, which previously started at four years or 50,000 miles, applies retroactively to earlier buyers of the 85 kWh electric vehicle. The warranty for the 60 kWh version is eight years or 125,000 miles. In a blog post, Chief Executive Elon Musk said the change will have a \u201cmoderately negative effective\u201d on earnings. \u201cHowever, by doing the right thing for Tesla vehicle owners at this early stage of our company, I am confident that it will work out well in the long term.\u201d"}
{"_id": "397564", "title": "", "text": "&gt;total destruction  Seems a bit harsh given that we don't have a real comparison here. With their new system, you can use solar panels on your roof that last longer than normal roofing tiles and charge your car/power your home. All in all it seems like a great way to go green."}
{"_id": "397598", "title": "", "text": "Maxtech Data House offers the most affordable, reliable and result-oriented ePub conversion services in India, using advanced technology to convert books into digital copies with technologies like HTML5, CSS3 and JavaScript. The delivered solutions closely match the actual page layout of your hardbound cover book. goo.gl/YAFL0B"}
{"_id": "397608", "title": "", "text": "I contacted Stephen Fishman, J.D., the author of Home Business Tax Deductions, to let him know that this question was missing from his book. He was kind enough to send a reply. My original phrasing of the question: If your car is used for both business and personal use, and you deduct via the actual expense method, do trips to the mechanic, gas station, and auto parts store to service or repair the car count as business miles, personal miles, or part-business-part-personal miles? What about driving the newly-purchased car home from the dealership? And his response: Good question. I can find nothing about this in IRS publication or elsewhere. However, common sense would tell us that the cost of driving to make car repairs should be deductible. If you use your car for business, it is a business expense, just like transporting any other piece of business equipment for repairs is a business expense. This should be so whether you use the standard mileage rate or actual expense method. You should probably reduce the amount of your deduction by the percentage of personal use of the car during the year. The same goes for driving a car home from the dealer."}
{"_id": "397617", "title": "", "text": "If you withdraw your funds from your 401k and DO NOT mive it into another 401k plan or IRA within 60 days it will constitute as an early distribution which will carry a panlty of 10% as well as have income tax owed on it."}
{"_id": "397623", "title": "", "text": "&gt; Not asking for any societal benefits.  Sure you are. You want to live in a society with other educated adults, with roads &amp; other utilities, property rights, safe food &amp; water, a medical safety net, , etc. You just don't want to have to pay for any of it yourself.  It's this kind of hypocritical attitude why people can't take anti-government zealots seriously. If you really believed what you say you do, you'd move out of the country, leaving behind every single benefit you ever got from living in a first-world country, and then live by yourself not paying any taxes. But you don't."}
{"_id": "397641", "title": "", "text": "A derivative is a financial asset (read: contract) whose value is determined by the value of some other asset. Talking about derivatives in general is impossible, options and FRAs (eg) are entirely different.   Is there any type of derivative you are particularly interested in?"}
{"_id": "397646", "title": "", "text": "All VaR is is simply a confidence interval on losses.  The problem with VaR models is they usually don't fare well against events that break the normal operating criteria...  So the model validation process usually throws out the outliers when in reality it's what happens in the extremes that makes or breaks your company."}
{"_id": "397652", "title": "", "text": "&gt;To be sure, the United States is still importing plenty of oil to make that gasoline -- and is still dependent on foreign countries for well over half the crude it uses.   The US is importing crude - refining it - then exporting the gasoline."}
{"_id": "397655", "title": "", "text": "I had opened a PPF account with State Bank of India. If you had opened the account before you became NRI its fine. NRI cannot Open a new PPF Account. can I continue depositing money every year to PPF account? If you already have an PPF account, you can deposit funds into this. Best via transfers from NRE/NRO account. living in US for 2 years  Incase you have not deposited into PPF for a given year, you need to pay a penalty of Rs 50 every year and a Minimum of Rs 500 every year. So for 2 years your would need to pay Rs 1100/- to regularize the account. Normal contributions can begin after you regularize. continue staying here for few more years The PPF account cannot be closed, you can make deposits as above. On Maturity [15 years] you are expected to close the account and can transfer funds outside of India via the NRO account."}
{"_id": "397669", "title": "", "text": "So he doesn't have a mountain of cash? That's called being smart with your money. Don't hate the guy for not wanting to have to sell his shit to pay for something he was literally guaranteed to have the money for after the McGregor fight.  There are so many better reasons to hate him.. lol"}
{"_id": "397677", "title": "", "text": "Blackhawk Mines Corp. to Commence Initial Work Program on Big Bear Mining Claims in San Bernardino C  OCALA, FLORIDA - JULY 21, 2011 (IMMEDIATE RELEASE) \u2013 Blackhawk Mines Corp., B06.F, WKN Number - A1H52M, ISIN Number - CA08265A1003, website - www.bentleyfairview.com is pleased to announce that the Big Bear Mining Claims initial work program will commence within the next three weeks. The work progr black hawk mines, blackhawk mines, blackhawk mines corp to commence initial work program on big bear mining claims in san bernardino county, california  by takkiosawa | Saved by 2 users | Feb 15, 2012  Black Hawk Mines Bulletin | Preservation and promotion of mining ghost towns.  Two of the biggest mining firms in the world, Rio Tinto PLC and BHP Billiton Ltd are teaming up to invest over USD 4 billion to boost their copper output, according to their announcement on Tuesday. Rio and BHP have staked their investment on a high copper demand worldwide as they approve plans for black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by mblackhawk | Saved by 2 users | May 2, 2012  Black Hawk Mining Articles | Preservation and promotion of mining ghost towns.  BLACK HAWK MINES: SMALL TOWN SUFFERS FROM GOLD HEIST Posted on May 2, 2012 by blackhawkmines 2 Votes Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by takkiosawa | Saved by 2 users | May 9, 2012  DSCR reacts to international conspiracy - NBC12.com-Richmond, VA News, Weather, Traffic &amp; Sports  CHESTERFIELD, VA (WWBT) - For the first time, the Commander at the Defense Supply Center of Richmond (DSCR) is speaking out about an international conspiracy that sent a serial fraudster to prison for life. Those involved say the scam could have put our troops in harms way had it not been caught by black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by takkiosawa | Saved by 2 users | May 9, 2012  blackhawk mines corp: About Gold  Gold is a dense, soft, shiny metal and the most malleable and ductile metal known. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a transition metal and a group 11 element. It is one of the black hawk mines, blackhawk mines corp: about gold  by dickwestwood | Saved by 1 users | Feb 15, 2012  Black Hawk Mines Bulletin| About  Black Hawk Mines Bulletin is all for the preservation and promotion of mining ghost towns that are widely being neglected across the world. We support historical sites and promote the rebirth of current mining ghost towns that still have a lot of potential in generating income and historical value. black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by mblackhawk | Saved by 1 users | May 2, 2012  Black Hawk Mines Bulletin| Terms and Conditions  Black Hawk Mines Bulletin wants to further the discussion and welcomes your views. Comments on any post must be relevant, respectful of others and suitable for a general audience. Comments should not violate any laws, contain solicitation for services and goods, contain spam, be knowingly false black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by mblackhawk | Saved by 1 users | May 2, 2012  Black Hawk Adventures : Military gear exhibit  Defense industry firms are showing off their latest in military equipment in a 2-day Marine West Military Exhibition in Camp Pendleton with thousands of troops in attendance. There were hundreds of military gear and weaponry in exhibit inside the venue \u2014 items that can draw the line between life an blackhawk, black hawk, black hawk adventures, black hawk news adventures guide More Tags by kellumdebraz | Saved by 1 users | May 10, 2012  Black Hawk Co. deputies warn of grandparents scam  WATERLOO, Iowa --- The Black Hawk County Sheriff's Office is warning residents after a local woman became the target of a scam. The woman received a call from a female claiming to be her granddaughter. 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{"_id": "397679", "title": "", "text": "Many U.S. banks now support POPMoney, which allows recurring electronic transfers between consumer accounts.  Even if your bank doesn't support it, you can still use the service.  See popmoney.com."}
{"_id": "397685", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Surprise, Surprise Snap reportedly stuck with \u2018hundreds of thousands' of unsold Spectacles](https://np.reddit.com/r/talkbusiness/comments/78aa5o/surprise_surprise_snap_reportedly_stuck_with/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "397689", "title": "", "text": "Our Website http://fantasydiamondsllc.com/ They selected diamond rings primarily due to the fact that it was the hardest metal they can find anywhere in the world. This represented deep bond between the new bride and the bridegroom. Diamond interaction rings depict pureness as well as chastity crazy. It reflects the deep heartened bond between the man and also the ladies. Go to Us at Fantasy Diamonds of New York City, to buy your Engagement ring for your unique loved one. With the flow of time, diamond ended up being the most sought after steel for interaction rings. Men began choosing diamond rings, as an alternative."}
{"_id": "397692", "title": "", "text": "Thanks for the comment,  Yes and it seems to be getting worse now not better I'm afraid.  Stories spread like wildfire in the markets here when a store pulls the wool over someones eyes and makes a fist full of cash, this means more and more people want a slice of it. Be careful."}
{"_id": "397718", "title": "", "text": "littleadv gave a great answer, but neglected to mention one thing.  Modern minted coins usually only contain a (high) percentage of a precious metal.  For example pre-1965 quarters are 90% silver and 10% other, to maintain strength and durability. Rounds of silver bullion are usually .9999%, or fine, silver, which is considerably softer."}
{"_id": "397720", "title": "", "text": "Fantasy Land doesn't exist. People who desire the good life, work the hardest. No one who truly understands business would pay great wages for an unskilled worker. If you cannot advance your career where you are, you need to find a new job. If you don't want more responsibility (which comes with more pay), stop your bitching. If your one line, oh so witty, comment is anything like your work ethic, I assume you don't make shit for money."}
{"_id": "397729", "title": "", "text": "\"the term \"\"civic duty\"\" is meaningless.  same with \"\"patriotic\"\".  Both of those terms are little more than different ways to say \"\"doing what the government wants you to do\"\".  paying taxes is not some noble, moral act, any more than paying the mafia the protection money they demand from you is a moral act.  and I don't believe in a 'libertarian paradise'. Only Marxists/leftists/socialists believe they can create a paradise utopia society.\""}
{"_id": "397736", "title": "", "text": "So no physical evidence, got it.  Drug testing catches other dopers, but Armstrong has a magical anti-test field that shields him and him alone?  Thank you NASA!  This is of course absurd.  You must instead be suggesting that nobody is ever caught doping because none of the tests work, then.  Wait, no, that doesn't seem to work either.    A conundrum!"}
{"_id": "397738", "title": "", "text": "I've heard people complain about how stupid the articles at Forbes are.  Now I've had a taste myself.  So basically Microsoft is fucked because: 1. Arnold Toynbee 2. They copy other companies 3. GM went bankrupt in 2009 because they separated management from decisions, and NOT because they took on insanely huge pension obligations over the decades since the 1950s  Got it, great arguments."}
{"_id": "397749", "title": "", "text": "There could be a number of reasons for a rent increase. The only information I can offer is how I calculate what rent I will charge. The minimum I would ever charge per unit (Mortgage payment + Water) / Number of units This number is the minimum because it's what I need to keep afloat.  Keep in mind these are ballpark numbers The target rent ((Mortgage payment + Water) / Number of units)*1.60 I mark up the price 60% for a few reasons. First, the building needs a repair budget. That money has to come from somewhere. Second, I want to put away for my next acquisition and third I want to make a profit. These get me close to my rental price but ultimately it depends on your location and the comparables in the area. If my target rent is 600 a month but the neighbors are getting 700-800 for the same exact unit I might ask more. It also depends on the types of units. Some of my buildings, all of the units are identical. Other buildings half of the units are bigger than the other half so clearly I wouldn't charge a equal amount for them. Ultimately you have to remember we're not in the game to lose money. I know what my renters are going to pay before I even put an offer in on a building because that's how I stay in business. It might go up over the years but it will always outpace my expenses for that property."}
{"_id": "397757", "title": "", "text": "\"I actually think it's you who are missing a grasp of economics. Don't confuse investments in existing companies with investments that actually boost the economy.   If I drop $100,000 into Microsoft stock, and someone else sells it, I am just putting money into their pocket. It doesn't boost the economy. If we all dump our money into the stock market it just increases the prices and \"\"value\"\" of the stocks.   The only real investors (as in contributing directly to economic growth and productivity) are angel investors, entrepreneurs, and people who invest in IPOs.\""}
{"_id": "397763", "title": "", "text": "\"Corporate bankruptcy is yet another program that can benefit the wealthy at the expense of the little guy.  A few years ago I had a trading account with a large company known as Refco.  They filled for bankruptcy and I was shocked to learn that my personal funds in my trading account were seized and used to pay of \"\"secured creditors\"\" which were companies like Bank of America.  I was lucky to get back 3 cents on the dollar.    TL:DR - large companies use bankruptcy to screw over the little guys\""}
{"_id": "397774", "title": "", "text": "\"I really does depend on the bank. Here is a fairly typical page on interest calculations. The key phrase is: Interest is calculated on each day's final balance and paid monthly.  So at the end of each day the amount of interest is calculated for that day, based on how much is in the account. At the end of the month the amount of interest for each day is totalled, and added to the account balance. That calculation is extremely similar to duffbeer703's \"\"compound monthly using the average balance for the month\"\", provided the account doesn't have tiered interest rates and the balance doesn't go negative. The software that banks use is easily sophisticated enough to handle that kind of calculation. Your bank should be able to give you a statement of exactly how the interest is calculated.\""}
{"_id": "397783", "title": "", "text": "If this is true, can you explain to me how this deal came to originate itself?  My thoughts are like this:   Tim's looking to expand and grow their company and market share, looking to join or merge into a company.    RBC and Citi step in and help Tim's find the perfect pairing with respect to their priority as a company.  RBC and Citi then help Tim's sell themselves TO BK?  The real question is: since 3G Capital are really the ones that are pulling the strings on this deal, are they just outsourcing all the analysis work to Lazard JP and Wells Fargo?   P.S I would really like to know more on how deals like these are handled and who does the advising/analysis for who, and etc."}
{"_id": "397810", "title": "", "text": "I'm not in the business but I've always thought that Catalyst + industry context = market beating returns.  Meaning that if you know what an event means faster than everyone else you can make money.  Though I don't know how you'd express that in a report.  An example that comes to mind is when Japan announced they were forming a consortium, the largest in the world, to make LCD panel glass.  After that I got the heck of GLW though the stock price kept going up at the time.  It is like no one understood the implications."}
{"_id": "397820", "title": "", "text": "\"No , that's actually not what I\"\"m talking about.  There is coming a time where there is no wage that is sufficient to live in any reasonable conditions due to housing being a rigged game for the people already in ownership of it.\""}
{"_id": "397823", "title": "", "text": "I have experience working with DeltaV (I&amp;C automation software for industrial plants) and it's amazing how many jobs it used to employ to keep track of all that shit. Flow of a pipe every 100 meters? No problem, just check the screen.   Automated fire control at a specific location? No problem it'll handle itself.  Something wrong with an instrument? You already have the warnings and errors on the screen to tell you exactly what is wrong. No need to keep on expensive full-time engineers to diagnose a lot of the easier problems. You can do that right from your desk.   The more routine shit you still see people doing? It's only a matter of time before that goes away."}
{"_id": "397825", "title": "", "text": "So combine the UAV technology with the assertion above that the pilots only have to intervene when taking off and landing, and you get a scenario where you've got UAV pilots taking over for just those processes while the rest is automated. It's far cheaper to have one guy landing a bunch of planes all day than it would be to have a person in every cockpit."}
{"_id": "397832", "title": "", "text": "Yeah several from bankrate.com:  Seven U.S. states currently don't have an income tax:\u00a0Alaska,\u00a0Florida,\u00a0Nevada,\u00a0South Dakota, Texas, Washington and\u00a0Wyoming. And residents of\u00a0New Hampshire\u00a0andTennessee\u00a0are also spared from handing over an extra chunk of their paycheck on April 15, though they do pay tax on dividends and income from investments.   It's safe to assume where Amazon will move will need to be a tax Haven or at least get massive multi billion dollar tax breaks like New Jersey has proposed. They aren't opening a second location as much as they are moving out of the high min wage high tax rates state they are currently operating in."}
{"_id": "397835", "title": "", "text": "Yea there is an easy fix.  RAISE THE MINIMUM WAGE.  Look into how it has changed over the years.  Cost of living has gone up but wage has not.  Its almost impossible to live on a minimum wage.  Compared to a good 40 years ago and adjusted for inflation it was something like 15-17 dollars an hour.  If people where paid a real wage then they could afford to purchase other items than just the bare necessities to survive.  They need to really learn more about trickle up economics and stop believe that trickle down works."}
{"_id": "397846", "title": "", "text": "As others have said, this opinion is predicated on an assumption that early in your life you have no need to actually USE the money, so you are able to take advantage of compounding interest (because the money is going to be there for many many years) and you are far more tolerant of loss (because you can simply wait for the markets to recover). This is absolutely true of a pension pot, which is locked away for a great many years. But it is absolutely NOT true of general investments. Someone in the mid-20s to mid-30s is very likely to want to spend that money on, say, buying a house. In which case losing 10% of your deposit 3 months before you start looking for a house could potentially be a disaster. Liekwise, in your mid-40s if your child's school/college fund goes up in smoke that's a big deal. It is a very commonly espoused theory, but I think it is also fundamentally flawed in many scenarios."}
{"_id": "397847", "title": "", "text": "\"Yes, your email address is your \"\"PayPal\"\" account. It's what people use to send you money, and what you use to pay people.\""}
{"_id": "397852", "title": "", "text": "I recall hearing of at least one, but it's really only a matter of time. Personally, I never thought I'd get in an accident, but I learned how naive that thought was on Monday when I totaled my car after a guy turned left in front of me.  That particular situation is something that bothers me about Uber/Lyft's model, their drivers are screwed if they ever get in a wreck and their insurance company finds out what they were doing. And if they don't tell them, then it's insurance fraud."}
{"_id": "397855", "title": "", "text": "Yes, that's my point. I don't want nation-states to survive. I would much rather live in a society that respects individuality than worshiping a council of limp-dicks who decide how my money is spent.  Also, Somalia has a central government and a central bank too."}
{"_id": "397895", "title": "", "text": "I don't think it actually matters what the account that you register your email with but more that its not WrestlingFan2001@gmal.com vs BryanSpillner@gmail.com or BSpillner@gmail.com. All emails do the same thing and there's 3rd party applications that cover the rest."}
{"_id": "397897", "title": "", "text": "\"I've done exactly what you say at one of my brokers.  With the restriction that I have to deposit the money in the \"\"right\"\" way, and I don't do it too often.  The broker is meant to be a trading firm and not a currency exchange house after all.  I usually do the exchange the opposite of you, so I do USD -> GBP, but that shouldn't make any difference. I put \"\"right\"\" in quotes not to indicate there is anything illegal going on, but to indicate the broker does put restrictions on transferring out for some forms of deposits.    So the key is to not ACH the money in, nor send a check, nor bill pay it, but rather to wire it in.  A wire deposit with them has no holds and no time limits on withdrawal locations.  My US bank originates a wire, I trade at spot in the opposite direction of you (USD -> GBP), wait 2 days for the trade to settle, then wire the money out to my UK bank.  Commissions and fees for this process are low.  All told, I pay about $20 USD per xfer and get spot rates, though it does take approx 3 trading days for the whole process (assuming you don't try to wait for a target rate but rather take market rate.)\""}
{"_id": "397899", "title": "", "text": "\"Look at the Calvert Funds. They have a variety of \"\"socially responsible\"\" funds with published selection standards. Beware of mixing personal politics with business.\""}
{"_id": "397913", "title": "", "text": "Yes.   It is luck that person will have no debilitating accidents or illness to give them crippling medical debt.   It is luck that provides us with our family. It is skill that lets us choose trustworthy and resourceful people in our lives, but it is luck that they remain so.   It is luck that those investments provide a healthy return, that the companies hire prudent management and do look to cheat their investors.   Personal responsibility is all about choices, right? Those choices are only as good as the information and resources available. Access to resources and information is quite clearly not equal, and therefore  the choices we make are built on foundations of chance.   Too many people in America have a nasty habit asking people to tie their own shoes with one hand tied behind their back (or cut off), and blaming them when they trip."}
{"_id": "397915", "title": "", "text": "\"For finance, you need to have a strong handle on how to use Excel. I don't mean \"\"I can write some formulas and make a complicated worksheet\"\", I mean \"\"I know the VBA language and can utilize macros and specific coding to streamline processes and eliminate some tasks\"\". Having VBA on your resume is a definite plus, especially in addition to the CFA L1/L2 candidacy. [Here's a great resource for learning VBA](http://www.excel-vba-easy.com/).  In addition to VBA, the ability to use R (the stats program) can also be incredibly helpful. That's a whole new beast than Excel, and has amazing capabilities that are almost perfect for finance. [Here's a resource](http://www.statmethods.net/) for learning the programming, but it requires a strong understanding of statistical methods and maybe another stats program like SPSS. If you Google \"\"learn R quickly\"\" or something like that, you can come up with something.  It sounds like you're a Seattlite (Amazon, Boeing, Russell), and so am I. If you'd like help networking, feel free to PM me. I'm a recent college grad, and over the past few years, I've built a pretty solid network in the investments community here. I can at least connect you to people that might be able to help out. If nothing else, I can at least give a ton more resources to learn from.   Edit: Also, Russell often uses LinkedIn to find new hires to interview. If you have a lot of groups and stuff in common with the HR team, you pop up higher in their searches. Look up their HR team, and find out what groups they're in, what companies they follow, etc.   Also, do you know if you want to go into corp. finance or investments? Two very different games.\""}
{"_id": "397917", "title": "", "text": "Unfortunately there is no universal answer to this question. Each mortgage servicing company will handle it differently according to their own policies. The best way to handle this problem is to talk to your mortgage servicing company and specify that you want all of your over-payments to be applied to principle (assuming that is indeed what you want). Most companies will be willing to work according to your stated preferences, but there may be some companies that have a specific procedure for how to make sure that preference is applied. Unfortunately there is very little you can do about it if you ended up with one of the less friendly mortgage servicing companies out there. Maybe threaten a lawsuit. Good luck."}
{"_id": "397920", "title": "", "text": "I heard that a C-Corp being a one person shop (no other employees but the owner) can pay for the full amount 100% of personal rent if the residence is being used as a home office. Sure. Especially if you don't mind being audited. Technically, it doesn't matter how the money gets where it goes as long as the income tax filings accurately describe the tax situation. But the IRS hates it when you make personal expenses from a business account, even if you've paid the required personal income tax (because their computers simply aren't smart enough to keep up with that level of chaos). Also, on a non-tax level, commingling of business and personal funds can reduce the effectiveness of your company's liability protection and you could more easily become personally liable if the company goes bankrupt. From what I understand the 30% would be the expense, and the 70% profit distribution. I recommend you just pay yourself and pay the rent from your personal account and claim the allowed deductions properly like everyone else. Why & when it would make sense to do this? Are there any tax benefits? Never, because, no. You would still have to pay personal income tax on your 70% share of the rent (the 30% you may be able to get deductions for but the rules are quite complicated and you should never just estimate). The only way to get money out of a corporation without paying personal income tax is by having a qualified dividend. That's quite complicated - your accounting has to be clear that the money being issued as a qualified dividend came from an economic profit, not from a paper profit resulting from the fact that you worked hard without paying yourself market value."}
{"_id": "397921", "title": "", "text": "I've already worked for a major broker dealer. I came to ask this question on Reddit for unbiased advice. I've asked multiple people the same question in industry and they always tell me something different. Since I will be registering in my home state of New York, I looked up what the regulations are and was even further confused. One website says  &gt;Licensing Requirements: Series 65, Series 66 and Series 7 combined, or one of the following acceptable professional designations: CFA, CFP, CIC, ChFC, PFS.  Whereas another says  &gt; If you have taken the Series 65 or both the Series 66 and Series 7 within the last two years, you do not have to do anything.  My confusion is the part where the first website says Series 65, Series 66, and Series 7 combined."}
{"_id": "397927", "title": "", "text": "The guy lives in Asia and does a lot of business with Asians.  These statements will probably only make him more popular with his associates.  Asians tend to be a bit on the racist side, and the irony of that statement is not lost on me."}
{"_id": "397943", "title": "", "text": "Lets do some math. There were 11,620 people who passed L3 last year and became charter holders. Now lets just take the top 25 MBA programs, that'd be 460 people/class graduating to reach this number. Actual numbers are MUCH lower than this.  Trust me, I'm a big fan of the CFA, but I know some really dumb people who are charter holders because they learned to memorize a test. These same people would never get admitted to a top 10, no less 25 MBA program.  One thing I will give you, there are WAY too many MBAs in general (partially because of all the part-time, night-time, executive ones)... But an MBA is very different then a CFA in that its banded by school and category. Everyone with a CFA has the same CFA; however, a Wharton degrees sure carries a lot more clout than a UMD one..."}
{"_id": "397955", "title": "", "text": "Get the best notes and study to excel with CSIR net exam books. They provide the best study materials which helps you to conquer the heights of success. There are countless CSIR net examination books available at scientific pub which is enough to qualify for the best."}
{"_id": "397961", "title": "", "text": "\"I think you are right. Even given both the randomness of Monopoly (roll of dice, shuffle of chance/community chess cards), and the skill differentiation between players (my model took this into account) it is deterministic enough that once the game is played for X interval, the randomness cannot overcome the previous outcomes. In fact, what we actually see is a hardening of those outcomes over time (ie: just continuing to play the game exacerbates the inequality as the previously handicapped player keeps landing on property already owned by the previously un-handicapped players).  I think the conclusions are completely based on how deterministic you think our capitalist/democratic system is - or, more simply, how well Monopoly serves as a metaphor for our economy.   I think we can answer that question (or at least determine how we individually feel about it) by raising a simple thought experiment.  Imagine you live on a road where there are 4 families and the parents sit down to play Monopoly one night. 3 of the families are white and the parents are racists and set the rules unfairly against the 4th family. After 2 hours of play, the adults from the 4th family are losing miserably and everyone decides to go home. The next morning, before the adults wake up, the kids from each family decide to play Monopoly together as well. But this new generation isn't racist at all. They announce \"\"the rules will be the same for everyone from here on out\"\"! The children from the black family are relieved and begin to clean up the board from the previous night and start the game over. But the other 3 families object - \"\"wait, no, my family earned that! We start where we left off!\"\".  It seems to me this is very similar to how our economy works. The vast majority of our wealth within generations is spent on raising the next generation (from the homes, food, health, and clothes we purchase to better educational opportunities, and finally direct-wealth transition through inheritance or at least financially sufficient parents that don't require investments from grown children in retirement).   I think it is a plausible theory that doesn't require us to say that anyone is racist or anyone is inferior. It would also explain phenomenon like this:  https://www.washingtonpost.com/news/wonk/wp/2017/09/28/black-and-hispanic-families-are-making-more-money-but-they-still-lag-far-behind-whites/\""}
{"_id": "397963", "title": "", "text": "You want to regard loans as short-term, last-ditch, desperate effort for when you get caught in a bad spot and have a good, workable plan to get out of it.  You don't ever want to start a business on borrowed money, unless you're an expert in the field of your business with a lot of experience in running businesses in that sector.    The best thing to do is to get a job and save all your money to start a business that will make you enough money to start the business you really want.  You may need to start a business to get the money to start a business to get the money to start a business to get the money to start the business you want.  Whatever it takes, really.  Just do it all yourself.  Don't accept loans or favors.  Also, the whole world (except Amazon) is moving from brick-and-mortar to the internet, and you're trying to move internet sales to brick-and-mortar.  It's a little backward-looking.  It could work, but there's probably some research you could do to test the feasibility of this idea.  You need to be creative in designing effective, science-based ways to predict your success or failure.  Don't worry about licensing issues with wholesalers.  That's not something to be worried about, at this point."}
{"_id": "397975", "title": "", "text": "\"It's all good.  The statement that someone has to move out of the way for someone else is a different discussion.  If you want to be hired as a CEO, the most likely path to get \"\"hired\"\" is an Ivy League education and very strong background in your own company.    http://www.bestcolleges.com/features/colleges-with-highest-number-fortune-500-ceo-graduates/  If that is not possible, the second choice is going to be being highly skilled in your field and working your way up.  That's going to take skill, networking, luck, and a very strong drive to not just be the best in your field, but the best in the industry for the job.  Tim Cook (AAPL) is a graduate of Duke and Auburn.  Jack Welch commanded GE with an education from UMass and the University of Illinois.  They both showed an intense passion for the companies they worked in.  The third choice is going to be starting your own company with your own passion and intelligence and backing that with other people who share your passion.  Take everything from column A, column B, and marry yourself to your passion and you find this list.  Reed Hastings, Micheal Dell, Steve Jobs (post Pixar was learning and failing spectacularly), Larry Ellison, Jean Paul Dejoria (guy has a really cool story about coming up.  http://www.forbes.com/sites/stevenbertoni/2013/10/28/business-tips-from-once-homeless-billionaire-john-paul-dejoria/), Sheldon Adelson (He made me over a million by bringing LVS back from 1.50 to 77.  I wish I'd bought more), Howard Shultz (Starbucks), The list goes on and on and on.  When it is time for them to exit, they pick from the first two examples to fill the position.  Smaller companies have several different exit strategies they can employ.  There is one thing you will find with every Fortune 500 and Fortune 50 company.  They don't do it for the money.  The money happens, but by the time you have established yourself as CEO, you have more than you will spend and you know it.  There will come a day that you realize you can buy a Bentley, but you may or may not want to.  It's just a car.  You can buy a double door glass sub zero, but you probably wont.  It's stuff and that's not what wakes you up in the morning.  I'm not saying money isn't important (it is and it's not.  Once you have the \"\"A ha! moment I am talking about, it becomes a way of keeping score).  But it's not the passion that drives some of these men to work until the day they die with a grin on their faces.  For the guys who think it's about money, ask yourself why CEOs get diagnosed with cancer and never stop working outside treatment.  Your first instinct may be to be with people you love or travel the world.  They are already around people they love and doing what the love every day.  An important ingredient to their happiness is a love of their product and the people they choose to directly manage.  If I'm not friends or close enough to trust a GM with my house keys, I wont keep him or her.  Scale that.    Of course you can find examples of CEOs who are assholes or ones like Schireson who have hit a point where they love their family more than their company and can't find balance.  I took the last 8 years off of business building because I simply wasn't in love with any of my businesses.  It wasn't until recently that I found that fire again (mainly from people in my own network wanting to find a new career path and having a surplus of talent I can leverage).  If you want to be a CEO, it's going to come from PASSION.    Good for Schireson.  This probably wont be the last we hear of him or the last company he runs.  It's a bug that bites you and a set of skills you develop.  If you don't have those skills you might as well just be a lobbyist or a lawyer.  I'm not tech though.  I would love to say I can speak from experience there, but that's simply not my passion.  Perhaps they are a different animal.  You have a few former CEOs and owners here that occasionally chime in.  The one takeaway from someone like Sheepman would boil down to this.  Do you have the kind of passion to match someone like Richard Branson?  Do you have business acumen to match?  If not, no one is \"\"holding your spot\"\".  If so, why do you want to follow someone's passion if it's not your own in an already crowded or well funded space?  If you do, you are already planning your next company anyway.  TL;DR Being a successful CEO is about passion and not money\""}
{"_id": "397976", "title": "", "text": "You are suggesting something called dollar cost averaging (or its cousin, dollar value averaging) - http://www.investopedia.com/articles/stocks/07/dcavsva.asp  This is certainly a valid investment strategy, although personally, I feel that for long term investment, it is not necessary unless you plan on being an active trader. I still strongly encourage you to research these two methods and see if they would work well for your personal investment strategy and goals. As far as what sorts of investments for a taxable account, I have three general recommendations: As far as which company to use for your brokerage, I personally have accounts at Voya, TRowe Price and Fidelity. I would strongly recommend Fidelity out of those three, mostly due to customer service and quality and ease of use of their website. Vanguard is a great brokerage, but you don't have to choose them just because you plan to mostly invest in Vanguard funds. I also recommend you research how capital gains and dividend taxing works (and things like lost harvesting), so that you can structure your investments with taxes in mind. Do this ahead of time, don't wait until April of 2016 because it will be too late to save on taxes by then."}
{"_id": "397988", "title": "", "text": "&gt; Yes, you reduce your tax bill if your profits go down due to a losing business. It's not debatable.  That's utter stupid ignorant garbage. Why would anyone ever buy a failing business so that it loses money so they aren't taxed on the losses? Why the fuck would he just not buy the business? You lose the capital, only to get back a portion of the loss as tax credits.   Why are you unable to understand the stupidity of what you're saying? How have you not wandered into traffic if you're this fucking stupid?"}
{"_id": "398008", "title": "", "text": "My point is that success has nothing to do with luck. There may be some degree of random chance, but a successful person is one who has learned to minimize any aspect of random chance in their lives. If you go to a dive bar and get into a fight and get stabbed in the neck you aren't unlucky, you just weren't smart enough to avoid that dangerous situation in the first place. There were a hundred chances for you to make a responsible decisions to avoid that *unlucky* incident. You go out on Friday night, to go to a bar, to go to a *dive* bar, to get drunk, to not say excuse me when you bumped into that gang banger, to raise your voice instead of backing down, and by your logic him sticking a knife in your neck is nothing but bad luck."}
{"_id": "398012", "title": "", "text": "The CBOE Rule Book, Section 5.5 explains exactly what programmes are available, how and when they will start listing and expire. The super-concise summary is: It's a per-underlying decision process, though there's some rules that may provide you with a minimum set of options (e.g. the quarterly programme on highly capitalised stocks trading for more than $75, etc.) For greater detail, for better or worse, you will have to scan the New Listings service regularly."}
{"_id": "398021", "title": "", "text": "Standard deduction is $6300, and exemption is $4050, totaling $10,350. (For 2016) Twice this for a couple ($20,700). The tax on money just above this is 10%, so the few thousand above will be taxed at a few hundred dollars. Where are you getting the number you showed? Can you edit your question to clarify exactly what you are asking?"}
{"_id": "398041", "title": "", "text": "\"&gt; Identifying and supporting products good for the business   If a gray person comes with a great idea or innovation, any idiot can \"\"identify\"\" and \"\"support\"\" that product.  And you want to bet how many great ideas and products Steve and CEOs said \"\"No!\"\" and it turned out to be huge mistakes?  Do you know the story of Bill Gates/Microsoft Internet Explorer versus Steve Jobs/Macintosh?   Hint: eventually, Steve had to cave in and ask Bill Gates to make a version of Internet Explorer for the Macintosh.  In this respect, Bill Gates was much much better than Steve Jobs in identifying and supporting new products and ideas.\""}
{"_id": "398044", "title": "", "text": "Large and small universities have procedures in place regarding the use of the universities name, logo, facilities, and budget. They should have in place guidelines regarding the collection and use of funds from members, and participants. These guidelines are what allows you to have an account with the university. Generally these are not kept in  the credit union but are with the university treasurer.  I would approach this as if I knew nothing about how to get an officially recognized club or organization started. They should then provide you with all the rules and policies regarding money for student organizations. These policies may also discuss how to collect cash, checks, and credit cards. Some universities also allow the use of special card readers to process the special debit card attached to your university ID.  The 10% fee charged by the university is typical. They will need to account for your funds, while maintaining their tax exempt status. If you get fully inline with their policies that will allow you to avoid tax issues."}
{"_id": "398056", "title": "", "text": "Yes, you can be honest and succeed.  Dishonest business people also succeed, many times.  The key, whether being honest or dishonest, is that you have be smart on how to do that and who to do it with.   You should be honest with smart and knowledgeable customers: you will win their trust and loyalty. But being honest with your vendors is not always a good idea.  You can be dishonest with clueless customers, as long as you make sure you don't get into trouble (legal) with them. They may not be repeat customers, but not every business is about repeat customers."}
{"_id": "398075", "title": "", "text": "Yeah, the more I think of it, the article had a feel of trying to garner sympathy for Swatch for some reason, but why in the hell would they choose to cut off a good revenue stream unless they had a contingecy plan?  Either it's not profitable anymore, or management screwed the pooch.  Possibly both."}
{"_id": "398078", "title": "", "text": "This is what I'm planning on.  Retirement would be difficult, if not impossible, without the expected SS payments. In terms of current retirement planning, it's the difference between putting 20% of my income aside for retirement, and 35% of my income aside. It's one thing to keep the wealthy happy and tax free, it's another to deny 80% of the population something that they will have to have at some point."}
{"_id": "398090", "title": "", "text": "\"A few points Yes, as a rule, it is better to pay down high interest accounts first, as this will yield lower cost in the long run. Credit card balance transfers usually come at a cost (typically something like \"\"3% or $50, whichever is higher\"\").  So instead of transferring the debt, maybe try purchasing items with your card instead of cash, and using the cash to pay down the debt.  This has the added benefit of giving you points or cash back on the card (typically you won't get these for a balance transfer). Caveat: Only do this if you are very disciplined!  It is very easy to run up high CC balances and forget to save the cash. You should leave a bit of unused credit line on your credit cards in case of emergencies.  I'm doubting you can use your high interest loans in the same way.\""}
{"_id": "398091", "title": "", "text": "Details, as usual, will depend on local culture and jurisdiction, but in most jurisdictions, there is generally no obligation for you to actively return something (money, parcel, whatever) you received in error - usually it's enough to notify the sender. Actually, it might be a dangerous mistake to return it yourself - what if you send it to the wrong account? So you probably have done all you had to, and can close your account without further delay. However, until the time specified by Statute of limitations or similar concept in your jurisdiction has passed (usually a few years), the company could ask you to return the money. If they do ask, be prepared to return it - so do not spend it. My recommendation would be: Then lean back and wait :-)."}
{"_id": "398123", "title": "", "text": "What is the advantage of something like Betterment -- which diversifies my investments for me but also charges a fee -- if I can just buy SPY on Robinhood for no fees and do better? Because Betterment is more diversified than the S&P, glaringly when it comes to non-US investments.  The US's economy is huge.  It represents 22% of nominal global GDP and 17% of global GDP (PPP).  While I think that the US's stability is good reason to be overweight US, being 100% invested in 22% of the market isn't well diversified."}
{"_id": "398131", "title": "", "text": "\"The Ponzi/Madoff schemes were closed loops, so the only source of the so-called \"\"interest\"\" on the money was the contributions of future investors. The economy is more like a living thing, and the availability of capital allows people to develop new ways to do things in a more productive way. Agriculture is a great example -- for most of human history the overwhelming majority of human labor was dedicated to producing food. Now that proportion is dramatically smaller -- the descendants of farmers 100 years ago are doctors and computer programmers... professions that could not exist. Fractional reserve banking makes the economy more efficient by putting capital that would otherwise be hoarded in circulation. Money is a medium of exchange, so the more it turns over, the better it is. Genoa and Britain pioneered this concept centuries ago, and were able to defeat larger rivals in large part because of the economic advantages that the practice brought to bear.  That's not to say that banking doesn't come with its warts as well. I'd suggest reading \"\"A Free Nation Deep in Debt\"\", which does a good job of explaining how we got to where we are today.\""}
{"_id": "398132", "title": "", "text": "\"&gt;These companies should not be playing moral gatekeeper  Processors already play moral gatekeeper, and it hasn't bothered anyone before.   See: Firearms are considered a \"\"high-risk\"\" business, a distinction in processing typically reserved for industries with high rates of chargebacks (like travel services) or questionable practices. (Like debt collection.) High risk businesses have less options for processing and pay higher fees.   &gt;they should be providing a service.  Companies should also be able to decide who they want to provide that service to. Other than refusing service based on membership in a protected class, businesses should be able to choose to provide service or not.\""}
{"_id": "398141", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans Pomona CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Car Title Loans Pomona CA 2869 Providence Way, Pomona, CA 91767 760-523-9659 atlpomona@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-pomona-ca/"}
{"_id": "398150", "title": "", "text": "I think in the uk to break into finance you only really need:  - To have gone to a target (UCL/ICL/LSE/Oxford/Cambridge)  - Have some relevant work experience. (Internships are pretty easy to get)  If those two can't get your foot in the door then and only then should you look for additional qualifications (imo)  I'm also trying to get into the industry and literally all of my friends who scored FO positions have literally just done that + been in a few societies."}
{"_id": "398152", "title": "", "text": "\"I have a BA in Economics from the University of North Texas and I think it's a wonderful degree. I paired it with a finance minor. As others have said, the BA degree has more theory and less quantitative skills, but I found the quant skills I learned in my BA (through multiple regression/time series) to be a great start for an entry level job out of college.   I'll also say that while it's not a \"\"business\"\" degree, it has major implications in business. No, you won't know accounting, but the theory you learn in economics is applied in accounting, in operations, in finance, in marketing, etc. Honestly, if you're smart and you know how to apply what you learn in Econ, you can do whatever you want.\""}
{"_id": "398157", "title": "", "text": "One of the biggest benefits of online casinos are the great bonuses for new players they offer. Every hall is ready to offer all sorts of attractive conditions for its new clients. malaysia best slot game allows players to try more halls on the internet and take advantage of unique promotions. On our Casino Bonuses page you can find a list of online casinos we recommend, the size and type of bonuses offered, and the conditions for making and downloading them."}
{"_id": "398178", "title": "", "text": "\"Shit. Bad news boys. Netflix is taking us to task...how are we going to nip this in the bud...  Johnson?   \"\"Uhh...how about we bribe a few politicians to get rid of net neutrality?\"\"  Brilliant!! Have a hotdog and a hummer on me.\""}
{"_id": "398205", "title": "", "text": "I'm so glad that this is the result. I was following this in the days after Penny Kim wrote her story and still don't understand how anyone can be as stupid as Isaac and raise any capital. I guess pedigree matters more to investors than I'd like to believe."}
{"_id": "398206", "title": "", "text": "Your question is best asked of a tax expert, not random people on the internet. Such an expert will help you ask the right questions.  For example you did not point out the country or state in which you live.  That matters.   First point is that you will not pay tax on 60K, its expensive to transact real estate, so your net proceeds will be closer to 40K.  Also you can probably the deduct the costs of improvements. You implied that you really like this rental property.  If that is the case, why would you sell...ever?  This home could be a central part of your financial independence plan.  So keep it until you die.  IIRC when it passes to your heirs, a new cost basis is formed thereby not passing the tax burden onto them. (Assuming the property is located in the US.)"}
{"_id": "398251", "title": "", "text": "Edited because my first response was incoherent. The US and Western Europe have always had solid food and water supplies that helped them grow. The same can't be said for countries like Zimbabwe and other mineral rich countries. Diamonds and lithium and other similar commodities are only as valuable as they are because we have had the luck to grow our economy and technology to the point where we have the time/money to look into spending like that.   I find it hard to believe that we would be making smartphones if we didn't have the basic resources first."}
{"_id": "398258", "title": "", "text": "What you are describing here is the opposite of a problem: You're trying to contact a debt-collector to pay them money, but THEY'RE ignoring YOU and won't return your calls!  LOL!  All joking aside, having 'incidental' charges show up as negative marks on your credit history is an annoyance- thankfully you're not the first to deal with such problems, and there are processes in place to remedy the situation. Contact the credit bureau(s) on which the debt is listed, and file a petition to have it removed from your history.  If everything that you say here is true, then it should be relatively easy. Edit: See here for Equifax's dispute resolution process- it sounds like you've already completed the first two steps."}
{"_id": "398260", "title": "", "text": "Disclaimer: I am not a banker nor a lawyer. I am unaware of the exact term in English, there is a process where you can ask for a reversal of a payment if it was made in error and your former employer should have made use of this. After a month though, I'm fairly sure the period of eligibility for this reversal has passed.  As far as I am aware there is no point in time where it becomes ok for you to take this money. If you wish to close the account I would advise contacting the company and obtaining their payment details so you can transfer them the money and subsequently close the account."}
{"_id": "398262", "title": "", "text": "Lots of opportunities during threats to US debt demand. Most just involve being short the S&P or long the VIX (or short treasury bond futures, or short a US dollar currency pair). Those are the opportunities. And if you are worried about the utility of speculating in US dollars on a decline of the US dollar, then it is easy enough to hop out of the FEDwire network into a cryptocurrency network these days - either as a value transfer protocol to another currency in lieu of capital controls, or a speculative investment, or both. Enjoy!"}
{"_id": "398266", "title": "", "text": "He is just convincing people who likes to listen less science because thats what everyone is doing to influence the majority. Thats how companies sell products or ideas to make people buy products. Seeing how many people referring that documentary after starting a vegan diet I think they did a good job regardless of the bad science and fact stretching. People who are interested in science of the plant based/vegan diet can read books like the China Study of C. Campbell. I don't know how many average Joe will spend time to read and digest that."}
{"_id": "398273", "title": "", "text": "You don't need to make even close to that much to start doing this. All you need is a job where you hire your company out to another company to do work. Any kind of consulting work is usually done in a similar fashion. You can't expect people not to take advantage of tax breaks. That's like asking parents to stop getting subsidies for child care because it's not fair to bachelors. To say that people who do this don't feel anything is quite insulting."}
{"_id": "398278", "title": "", "text": "Before jumping into stock trading, do try Mutual Funds and Index funds, That should give you some good overview of the equity markets. Further, do read up on building a balanced portfolio to suit your need and risk apetite. This would help you decide on Govt. bonds and other debt instruments."}
{"_id": "398279", "title": "", "text": "\"&gt; In my opinion, companies should be free not to bake cakes for neo-nazis or gay couples.  This is where we disagree.  I don't think people should be able to turn someone away just because they're gay or hold an opinion I disagree with.  We don't have a \"\"free market\"\", so you can't simply say that the market will sort this stuff out.  It's especially wrong when it starts to involve companies that are involved with credit reporting agencies.  After denying them access to payment processers, what's next?  Do you deny them food and housing?  Healthcare?  Deny them a credit score?  Do you just want to disenfranchise everyone you disagree with?\""}
{"_id": "398297", "title": "", "text": "In addition to the answer by Craig Banach: Sometimes brands are owned by publicly traded companies which have a very diverse product portfolio. In case of Microsoft their stock price and dividend will not be controlled solely by that one product they make but also by their many other products (plus a billion other factors which can influence a stock price). So when you want to bet specifically on the success of Windows Phone then betting on the Microsoft Corporation as a whole might not achieve that goal. However, you can also try to find companies whose success depends indirectly on the success of the product. That can be suppliers (someone who makes a specific part which is only used for Windows phones), companies which make Windows Phone specific accessories or software developers who make applications which specifically target the Windows Phone ecosystem. When the product portfolio of these companies is far narrower than that of Microsoft they might be more dependent on the success of Windows Phone than Microsoft themselves. But as always, keep in mind that the success of their products is not the only factor which decides the stock value of a company. The stock market is far more complex than that."}
{"_id": "398318", "title": "", "text": "Empirial evidence for the second scenario: Can banks individually create money out of nothing? \u2014 The theories and the empirical evidence. Excerpt: It was examined whether in the process of making money available to   the borrower the bank transfers these funds from other accounts   (within or outside the bank). In the process of making loaned money   available in the borrower's bank account, it was found that the bank   did not transfer the money away from other internal or external   accounts, resulting in a rejection of both the fractional reserve   theory and the financial intermediation theory. Instead, it was found   that the bank newly \u2018invented\u2019 the funds by crediting the borrower's   account with a deposit, although no such deposit had taken place. This   is in line with the claims of the credit creation theory. Thus it can now be said with confidence for the first time \u2013 possibly   in the 5000 years' history of banking - that it has been empirically   demonstrated that each individual bank creates credit and money out of   nothing, when it extends what is called a \u2018bank loan\u2019. The bank does   not loan any existing money, but instead creates new money. The money   supply is created as \u2018fairy dust\u2019 produced by the banks out of thin   air."}
{"_id": "398335", "title": "", "text": "Both. It's joined up with Maternity Leave. You get so many months of leave... half the man may use, half the mother may use. If you don't use it, you lose it. The point is that it splits the career cost of the kid on both parents."}
{"_id": "398365", "title": "", "text": "It never hurts to get professional help when you're starting something new. It would be best to do it right the first time with the help of an accountant because tax laws and business structures can become complex. According to Xero, here are some reasons why you should hire an accountant when starting a small business:  Congrats on starting your own business, it's no small feat. Although Quickbooks definitely can make your life easier, having a CPA to help out along the way wouldn't hurt so that you can learn about the accounting side of a business."}
{"_id": "398391", "title": "", "text": "I actually went deep woods camping a few weeks ago and was able to drink directly from one of the glacial springs (?) that Poland Spring sources their water from. It was some of the best water I've ever had."}
{"_id": "398401", "title": "", "text": "&gt; As for Tesla, and its all time high price, what the Danish case study showed just how much of that market cap, which on Friday surpassed BMW, is thanks to ~~government generosity~~ **hard working citizens who pay pay pay to billionaires like the Musker**. Take the subsidies away, and sales crash by over 90%  I have endured countless down votes as I have tried to expose the Musker and his bull shit businesses...**ALL** of which rely on taxpayer subsidies...**ALL**"}
{"_id": "398415", "title": "", "text": "If you're really strapped for cash, you can get one on the off-chance the furnace or air conditioner goes.  But if you do have the cash to self-insure against these kinds of things, I wouldn't bother with the home warranty. Here was our experience.  Our daughter was only a few months old, and the air conditioner went in June, in Virginia.  We called in the warranty.  They came out, tried the cheapest fix they could to fix the leak.  It didn't work again in two days.  Two weeks later, they try again with the next cheapest fix.  (By this point, we had gotten a window unit for our bedroom.)  It didn't work again in two days.  Two more weeks later, they finally got authorization to replace the unit.  They replaced it with the cheapest one they could, and wanted to charge me $75 to haul the old one away.  When I said no thanks to that extra service (I was calling from work at the time), the guy ended the conversation in a huff, walked away from the phone and drove off.  I later found out (when I called a reputable HVAC guy) that they didn't even hook the thing up correctly! What happens is the contractors get squeezed by the warranty company at every turn.  These calls get low priority, and the quality of service is as low as they can get away with without violating the terms of their contract with the warranty company. For the big stuff, it's better than nothing, but not much better.  Check to see that the big stuff is still covered before buying it at all, and drop it after getting a payout (like we did)."}
{"_id": "398428", "title": "", "text": "Just say you feel like you've learned the boring task well and ask if there is another area you can assist with.  Now before you do that think of 3 areas you can contribute so you can toss it out there if your boss doesn't have anything.   No matter what job you have in life, nothing changes if you don't speak up.  Taking initiative and create your own opportunity. If something is really boring and repetitive, can you automate it?  Program a script or macro?"}
{"_id": "398431", "title": "", "text": "Just wanted to chime in and reinforce everything that's already been said.   Practice exams are the best way to prepare, I did Kaplan myself. They are harder than the test itself, passed with a 92 when I never broke 80 on a practice exam. Good luck!"}
{"_id": "398442", "title": "", "text": "A Section 1256 contract is any: Non-equity options include debt options, commodity futures options, currency options, and broad-based stock index options. A broad-based stock index is based upon the value of a group of diversified stocks or securities (such as the Standard and Poor's 500 index). 60% of the capital gain or loss from Section 1256 Contracts is deemed to be long-term capital gain or loss and 40% is deemed to be short-term capital gain or loss. What this means is a more favorable tax treatment of 60% of your gains. http://www.tradelogsoftware.com/tax-topics/futures/ It's a really wierd rule (arbitraty 60% designation, so broad, etc), but section 1256 contracts get preferential tax treatment and that's what Buffett's talking about."}
{"_id": "398446", "title": "", "text": "Honestly this sounds like a bug. In the early days of HFT, quote stuffing looked like this, but everyone created anti manipulation algos that do Fourier transforms to catch that kind of behavior. Modern manipulation is much cleverer than this. Source: I have designed anti manipulation algos for a HFT firm."}
{"_id": "398455", "title": "", "text": "**OFC there is more to it than meets the eye!** Its a nice breakdown though.  In my opinion, there are just 2 ways out:  One is to merge the whole European Union into one Nation, much like the **United** States of America. (*United States of Europe*, ehehehe) But i guesss Germany, France and UK are not very interested in feeding everyone else even more.  **OR**  Split.  The thing is, the ones with the most power are not interested in one of these solutions.  And now to come to your question, YES Recession is coming (isnt it alrdy here?)  Greetings from Austria!"}
{"_id": "398465", "title": "", "text": "\"Makes total sense. My main concern is what the worldwide speech monopolies (Twitter, Facebook, YouTube, Google, Reddit) do with their power. I'm not concerned with the likes of Krispy Kreme. I am concerned when there are no alternatives and no competition (monopoly). The speech companies decide what gets seen and who can speak and they're often of the same political bent because they have similar (global) aims...meaning they don't care about the first amendment as long as they make $$ and satisfy the demands of bullies.   If some blue-haired twenty something (or some bot) decides they don't like one of my sentences, they can effectively exercise their power and cut me off from the entire world to some non-insignificant extent for life. Sure you could jump to some \"\"thriving\"\" platform (that doesn't exist) and talk to a handful of people, but that's quite the restriction considering you previously had access to millions of voices with Twitter.   YouTube trending is a good exercise in how brainwashing works. It's the same people every time with their banal opinions. Colbert and Seth Myers and preteens. Colbert is actually famous, so I get why he's trending somewhat...but daily? And Seth Myers? Do people even watch his show or does someone at Google simply want us to see his humourless rants every single day? I'd bet on the latter.\""}
{"_id": "398470", "title": "", "text": "Thank you for the informed post. CAT was planning on opening a new plant before the earthquake. They needed more capacity, and were formerly exporting some excavators from Japan to the North American market. They were considering expanding that plant, and they also looked at sites in Canada, the US, and Mexico. I guess they decided to keep that plant open, but just focus it on other markets. [Here](http://online.wsj.com/article/SB10001424052970204880404577229252169260694.html) is an article, but it is short on details.  [Here](http://online.wsj.com/article/SB10001424052970203889904577200953014575964.html) is an example of CAT closing a plant in Canada after the labor union locked themselves out. They are moving jobs to the US for roughly half price. In this case the plant in Canada was paying an average wage of $35 ($73,000 annually without overtime) and they locked themselves out requesting more. Corporations try to maximize profit, so by definition they are greedy, but this is a perfect example of unions being overly greedy as well. That is well over a good middle class wage (assuming they are in a somewhat rural or sparse suburban area, where most manufacturing is located). They had capacity elsewhere, so they moved.   Ignoring the greed of the unions wont make things better for workers, it will only end in more situations like the one in Canada."}
{"_id": "398472", "title": "", "text": "&gt;France is the epitome of bureaucratic sclerosis  This is ironic considering France is one of the few countries in the world well known for the very high quality of it's bureaucracy. When a project gets decided in France, it gets done. Infrastructure is excellent. French highways and french roads are very modern. All french major cities are now connected with fiber optic cable.    Just look at the state of american infrastructure, the very slow and expensive internet, the roads full of potholes,  the collapsing bridges. It's a complete shame. You talk about bureaucracy. Don't even get me started on the american healthcare system and the billing process.  You should travel more before having judgements like that."}
{"_id": "398488", "title": "", "text": "If he is dropping leaflets off, consider dropping them off on a Sunday as they won't get caught up with normal post and most of the family will be at home.   See if he can make more links with interior designers, builders etc who can supply work to each other from the jobs they are working on.  Looks like a boss van, good luck."}
{"_id": "398520", "title": "", "text": "Don\u2019t take the cash deposit whatever you do. This is a retirement savings vehicle after all and you want to keep this money designated as such.   You have 3 options:  1) Rollover the old 401k to the new 401k. Once Your new plan is setup you can call who ever runs that plan and ask them how to get started. It will require you filling out a form with the old 401k provider and they\u2019ll transfer the balance of your account directly to the new 401k.  2) Rollover the old 401k to a Traditional IRA. This involves opening a new traditional IRA if you don\u2019t already have one (I assume you don\u2019t). Vanguard is a reddit favorite and I can vouch for them as Well. Other shops like Fidelity and Schwab are also good but since Vanguard is very low cost and has great service it\u2019s usually a good choice especially for beginners.  3) Convert the old 401k to a ROTH IRA. This is essentially the same as Step 2, the difference is you\u2019ll owe taxes on the balance you convert. Why would you voluntarily want to pay taxes f you can avoid them with options 1 or 2? The beauty of the ROTH is you only pay taxes on the money you contribute to the ROTH, then it grows tax free and when you\u2019re retired you get to withdraw it tax free as well. (The money contained in a 401k or a traditional IRA is taxed when you withdraw in retirement).   My $.02. 401k accounts typically have higher fees than IRAs, even if they own the same mutual funds the expense ratios are usually more in the 401k. The last 2 times I\u2019ve changed jobs I\u2019ve converted the 401k money into my ROTH IRA. If it\u2019s a small sum of money and/or you can afford to pay the taxes on the money I\u2019d suggest doing the same.  You can read up heavily on the pros/cons of  ROTH vs Traditional but My personal strategy is to have 2 \u201cbuckets\u201d or money when I retire (some in ROTH and some in Traditional). I can withdraw as much money from the Traditional account until I Max out the lowest Tax bracket and then pull any other money I need from the ROTH accounts that are tax free.This allows you to keep taxes fairly low in retirement.  If you don\u2019t have a ROTH now this is a great way to start one."}
{"_id": "398529", "title": "", "text": "Zeventig procent van het oppervlak van de wereld is beveiligd met water. Door de eeuwen heen heeft de aarde gegoten, zijn structuren veranderd en veranderd. Water heeft ook een soortgelijk potentieel voor ons lichaam en speelt een cruciale rol om ons lichaam gezond of ziek te maken."}
{"_id": "398536", "title": "", "text": "The short answer is no you can only deduct actual expenses. The long answer is that it would be impossible for the IRS to determine the value of your time and it would open the tax system to an enormous amount of fraud (think of being able to make up time spent or writing off time spent volunteering at a soup kitchen or any other charity). Now you can write off expenses you have involved in doing the work, equipment and supplies used to do the work along with any wages you paid an employee or contractor to do said work."}
{"_id": "398542", "title": "", "text": "Make sure you do not buy a variable annuity look for immediate annuity.   Clark Howard has an article Why Variable Annuities Stink  Variable annuities Right now, the 15 largest insurance sellers of variable annuities are being asked to reveal the expensive perks they offer to salespeople who meet quotas for pushing this junk. Those perks include free cars, vacations, jewelry, cash, etc. Immediate Annuities Immediate payout annuities are entirely legitimate, but they have so little in the way of commissions that they're never pushed by salespeople."}
{"_id": "398572", "title": "", "text": "I just looked through 40+ random funds on barclayhedge.com's database, and it's about evenly split between 2/20, 1.5/20 and 1/20, with a slight majority at 1.5/20, and 2/20 slightly ahead of 1/20.  Others are at various rates like 0/10 and 2.5/20. I was very surprised to see Renaissance funds at just .35/10.  I believe his Medallion Fund was at 5/36.  James Simons is quite the quant.  Nothing is too expensive if it's actually worth the price, but most hedge funds are no better than mutual funds.  The only real advantage to hedge funds is the wider risk profile."}
{"_id": "398590", "title": "", "text": "Think of it, at least in part, like an insurance plan.  You pay some (smaller) amount of money just in case something big(er) happens. Some companies also put their prepaid/insurance customers to the head of the line when it comes time for service, so on a -40 degree day (when F and C match!) you might get service sooner. Personally I do have such a plan for my furnace.  Living in Canada, the furnace is an important item for me and my family. Alternately, if you live in an area where a lack of furnace is more like to be uncomfortable instead of potentially catastrophic (frozen pipes and the like), then the money might not be worth it."}
{"_id": "398595", "title": "", "text": "Because there is a never-ending supply of retarded people who can't work out that Uber is the world's biggest payday loan scam, where you steal money from your future self, and give 25% of it to Uber.   Desperate and stupid people are what Uber relies upon."}
{"_id": "398597", "title": "", "text": "Thanks for posting that, hopefully someone beside me will read it. I'm entirely aware of the difference between Volvo and Volvo cars, just as SAAB-Scania used to be one company - they still share a very similar emblem. To complicate matters even more, there is still an independent company called SAAB that operates in military high-tech and aeronautics. Unsurprisingly, their competitors have tried to associate this company with the bankrupt SAAB Automobile."}
{"_id": "398600", "title": "", "text": "The answer again is yes, you will still show profit.    Let's assume a 35% interest rate to show you why. If you have $1.000.000 in net profit, that means your Profit before tax was $1.538.462.    So if you pay yourself a $1.000.000 salary then your profit before tax is $538.462 and your net profit is $350.000.    I hope that helps you understand."}
{"_id": "398617", "title": "", "text": "Collapsed? BWhahahahahahahahah! No junior mommy and daddy (Republicans and Democrats) are having a spat over the family finances. Sure it looks bad, and some bills are behind, but it would take a whole hell of a lot more than this to collapse Illinois.   We got something like 39 billion dollars in expense and are only collecting 36 billion in revenue. If we raise revenue, i.e. increase taxes a bit and hold the line on spending then this mess will eventually work itself out.  One thing that most don't get and don't report on is there is really no more fat in the Illinois budget to cut. The cuts Republicans want are to school funding, hospitals, infrastructure, etc... We have all ready cut almost everything else out of the budget.   The reason Rauner can't get his budget passed is no politician is going back to their school district and telling them they are taking another 20% cut on top of everything else. No Democrat is going to allow him to destroy unions and he won't compromise.  This is a pissing match between him and Maidigan and if you have not been paying attention it looks like Rauner is going to lose. He may have vetoed the budget and tax increases, but it looks like a veto proof majority can be created, as the fiscally conservatives won't let Illinois bonds go to junk status."}
{"_id": "398622", "title": "", "text": "If you expect your taxes to be higher next year, it saves you the trouble of sending estimates or changing the withholding levels. But yes, its basically a free loan you're giving to the government."}
{"_id": "398626", "title": "", "text": "1. 100% in my opinion. I see people raising money for cures all the time, I trust that that will allocate needed resources appropriately.  2. The same way we do now, with flight comptrollers directing aircraft.  3. The same thing we've always had, civil lawsuits. The police do already enforce the FCC rules. However I feel that a small town could take care of minor disputes over frequencies quite a bit better than federal government.    On your last point, you're essentially saying that you'd rather have currency debasement over local courts dealing with issues on a local scale.  If you want to be part of the establishment rather than attempt to solve problems, you would instead support increasing these programs while telling people they are cuts, however, you could only do that if you wanted america to fail."}
{"_id": "398653", "title": "", "text": "It is not easy to get over the attraction of Southern California and if you really wish to see its real shade then a visit to Orange County is a must. It is home to some of the most beautiful beaches, people, decent traffic, and some plush restaurants."}
{"_id": "398674", "title": "", "text": "&gt;Well with that logic most older folks wouldn't need healthcare since they're only a decade away from deaths door.   Given how much money is spent on old people near death just to keep them lingering on, I tend to agree with you."}
{"_id": "398675", "title": "", "text": "Because they can afford it maybe? I think the real question is why do businesses view taking care of their employees as a bad thing? I mean don't they want to build loyalty with their staff and reduce turn around?"}
{"_id": "398694", "title": "", "text": "At 381 A Medical Equipment, we strive every day to offer our patients the best service. We have highly qualified professionals who will attend you in a personalized way, with the most advanced techniques of detection and the best hearing aids to hear again. All you need to listen to again is a pleasure is in our online store. Batteries and cleaning equipment for the hearing aid, Audiphone, hearing protectors and electronic devices designed with the best technologies in hearing. At 381 A Medical Equipment we have the most sophisticated range of hearing aids that incorporate the most advanced digital technology, with the best performance and practically imperceptible."}
{"_id": "398726", "title": "", "text": "First it doesn't take $245,000 to raise a child for 18 years.  [A child costs only $1000 in their first year of life if you stick to the basics.](http://www.amazon.com/Bringing-Up-Baby-Thousand-Dollars/dp/1495363953/ref=sr_1_fkmr0_1?s=books&amp;ie=UTF8&amp;qid=1408502043&amp;sr=1-1-fkmr0&amp;keywords=Bring+up+baby+dody+mitchell)  This is just more media lies base on bullshit and conjecture.  Beyond that, by 18, I expect the child to require about $100 a month in groceries.  That's $1200 in food everyone.  You could spend less than $2400 per year from 13 up."}
{"_id": "398731", "title": "", "text": "Saving for retirement is important. So is living within one's means. Also--wear your sunscreen every day, rain or shine, never stop going to the gym, stay the same weight you were in high school, and eat your vegetables if you want to pass for 30 when you are 50."}
{"_id": "398741", "title": "", "text": "I really like Value Investing by Bruce Greenwald. It's not a textbook so you can probably pick it up for about $20. While it is dense, I think with some patience you might be able to understand it at the undergrad level. The process outlined in the VI book is very different from the conventional corp finance way of valuing a company.  A typical corp finance model would probably have you model cash flows 5 or 10 years out and then assume some sort of terminal growth. The VI book argues that it's nearly impossible to predict things that far out accurately so build your valuation on what we know. Start with the balance sheet. Then look at this year's earnings. Is that sustainable?  This is a simplification of course but I describe it only so you can get the idea. I think it's definitely a worthwhile read."}
{"_id": "398745", "title": "", "text": "I appreciate the reminder of demographic issues, but the argument is weak. There are structural issues like low wages, increasingly part time jobs, student debt, automation, Boomer asset selloffs/deleveraging, and energy headwinds.  Houses are not sold just because a large cohort shows up. It's when they have the money. And the last crash dug so deeply that we are poised for another recession sparked by shale peaking within 2 years, just when we climbed out of the hole."}
{"_id": "398765", "title": "", "text": "This is good for the 2008 crisis, but not as good for the sovereign debt crisis. I did see a good one a few months ago where it was a monolog on the audio and the video was a hand drawing on a whiteboard. I've searched for a while now, though and can't find it."}
{"_id": "398779", "title": "", "text": "Where does the accounting come in?  Is that in addition to your other undergraduate? I am still confused.  Regardless, I wouldn't really worry about calling it a double major.  Just list each degree. If received at the same time and with the same GPA I would list on one line.  If the degree is distinct (separate GPA, received at separate time) then make a new line."}
{"_id": "398781", "title": "", "text": "There seems to be a contradiction here: Home warranties not worth paper they're written on and: What struck us is that the HWC [...] immediately had the unit replaced. There is a huge difference when you buy the insurance yourself and when a bank forces you to buy one. Because in the latter case, the insurance is not for you, it's for the bank to protect their collateral (which is your asset as well). It becomes obvious when a claim comes up, because the insurer is not negotiating with you, it's negotiating with another large financial institution. And as far as the stereotype of banks being ruthless behemoths goes, in this case you happen to benefit from being on the behemoth's side and the insurer simply can't brush off a bank as much as it can brush off a person like you. As you've put it, a house in Phoenix without AC is not worth much, so the bank could not let that happen. Because in case of another foreclosure they would have to fix the AC anyway."}
{"_id": "398792", "title": "", "text": "&gt; If corporations are already so flush with cash they only inflate the stock market, why would further tax breaks improve anything?  US Companies are hiding cash in oversea tax havens like Ireland and the Bahamas until tax rates go down or they are given amnesty so they don't have to pay exorbitant taxes that other companies who they compete against in other countries don't have to pay.   When that money eventually comes back to the US, investment of the repatriated money will be infused into the economy through capital investments (factories, new ventures and hiring people) which will benefit the economy and will create jobs and other benefits."}
{"_id": "398794", "title": "", "text": "Meh, it was probably a little of both the story and others I've seen call it a meeting that included a photo op with the president.  But I can see the logic there.  Not sure what principles you are referring to here.  But again, to each their own.  Everyone has their own set of principles.  They very rarely match up exactly with others especially across ideological lines.    I never said he should.  I said I was not surprised he didn't.  The real question is why should we care if he did or didnt."}
{"_id": "398805", "title": "", "text": "\"Does her dad still have the records from those tax years? If so, I would suggest using those as a basis and if they're complete, just filing them directly. If we're talking about software recommendations, I would suggest GenuTax as it allows for completing returns all the way back to 2003 without buying separate versions. Alternatively, there are some no-cost options. See the Wikipedia entry Comparison of Canadian-tax preparation software for personal use. Look both at the \"\"Price\"\" column and at the \"\"Freebies\"\" column. You should start at 2006 and move forward so you can keep track of carry-forward amounts. I'm assuming your girlfriend had no balance owing from those years as she was a student so there's no penalty to worry about.\""}
{"_id": "398806", "title": "", "text": "I have some more inputs to investigate: India has dual tax avoidance treaty signed with european countries so that NRIs dont pay tax in both countries. Please check if India has some agreement with Swiss Also for freelance job that is delivered from India, u need to make sure where you have to pay taxes as you are still in India so the term NRI will not hold good here. Also, if Swiss company is paying tax there, and you are  a freelancer from India(resident in india) how to tax filing /rate etc has to be investigated. Also, can you apply for tax back from swiss( a portion of tax paid can be refunded eg: in Germany) but I dont know if this is true for Freelancers and also for people out side SWISS. Bip"}
{"_id": "398813", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://itif.org/publications/2017/07/05/why-expanding-rd-tax-credit-key-successful-corporate-tax-reform) reduced by 76%. (I'm a bot) ***** &gt; In their effort to find &amp;quot;Pay-fors&amp;quot; for a lower corporate rate, some have suggested that Congress reduce or even eliminate the R&amp;D tax credit, a tax incentive for companies to invest more in R&amp;D that has been in force since 1981.  &gt; We should follow the model from other nations, many of which have not only reduced statutory corporate tax rates but also expanded, sometimes significantly, their tax incentives for business R&amp;D. In fact, the United States continues to lose ground compared to other nations when it comes to tax incentives for research, falling from 10th among OECD nations in 2000 to 25th today.  &gt; While ITIF does not believe that corporate tax reform should be revenue neutral, at least on a static scoring basis, one way to pay for at least some of the static revenue loss from lower rates is to eliminate many special tax breaks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6m6m00/why_expanding_the_randd_tax_credit_is_key_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~162833 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **credit**^#2 **research**^#3 **rate**^#4 **corporate**^#5\""}
{"_id": "398817", "title": "", "text": "Full disclosure:  I work for Amazon.  All we do is lower prices because it benefits the customer and builds trust.  I'm not in the kindle or books teams but I know that they have been held back by the publishers from setting prices as they see fit.  I'm pretty sure Amazon is doing whatever it can to bring this price fixing to the light of day so that they can have the freedom to price as they see fit.  This is why when you try to buy a book it will tell you if the price is locked by the publisher on the amazon site.  oh and I should probably drop a source :) http://www.guardian.co.uk/books/2011/dec/06/ebooks-price-fixing-apple-inquiry"}
{"_id": "398823", "title": "", "text": "\"&gt; Because something is legal doesn't make it the ethical choice.  &gt; &gt; You fail to demonstrate what is unethical about minimizing tax burdens.  Operating in a country that allows you to make profit, in my opinion, establishes a duty to pay one's fair share of taxes.  Paying legislators to make laws enabling tax avoidance is, in my mind, unethical.  Clearly we have a different idea of what is ethical and not. &gt; corporations making huge profits using the infrastructure of the region  &gt; &gt;Did the corporations have an option to refuse using that infrastructure, and instead provide their own or work with others to develop a competing infrastructure?  Yes.   &gt; Keep in mind that these favorable tax laws were lobbied by  corporations with the intent to avoid taxes in mind.  &gt;&gt;You have failed to support any argument that there is anything wrong with minimizing tax burden.  That's like your opinion man.  I don't think minimizing taxes by paying off legislators is equitable...call me crazy.  &gt;If I'm walking behind someone and they happen to drop a $100 bill without noticing, I can certainly pick it up and put it in my pocket legally, but its hardly the moral thing to do.  &gt;&gt;A more relevant example is if I order a pizza, have it sent to your house, then show up later with a bill for the pizza and my costs to send it to you, demanding you pay it. You never asked for the pizza, maybe you didn't want the pizza, maybe you didn't eat the pizza, maybe you don't like pizza, or don't like that kind of pizza. That I choose to send you a pizza does not obligate you to pay for that pizza.  Lost me on this one bro...I thought we were talking ethics...not surprise pizzas.  How about this one:   I go to your house, use your kitchen and ingredients to make a pizza, sell the pizza for a profit and give you nothing even though we had an agreement that if I could make a profit I would give you some.  However, I decide to talk to your roommate and give him a measly dollar to say \"\"forget about it bro...I said it's cool\"\".\""}
{"_id": "398856", "title": "", "text": "\"Well, it's directly depositing money in your account, but Direct Deposit is something completely different: https://en.wikipedia.org/wiki/Direct_deposit Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges. Direct deposits are most commonly made by means of electronic funds transfers effected using online, mobile, and telephone banking systems but can also be effected by the physical deposit of money into the payee's bank account. Thus, since the purpose of DD is to eliminate checks, I'd say, \"\"no\"\", depositing cash directly into your account does not count as the requirement for one Direct Deposit within 90 days.\""}
{"_id": "398859", "title": "", "text": "Short answer: yes. Long answer: you have to check with Desjardins if you can buy other funds using their broker, but if not you can just open another RRSP account with a better broker who gives you this option. You can open an many RRSPs as you wish. If you are really unhappy with Desjardins, you can then transfer your money from there to your new broker without being exposed to tax. http://www.getsmarteraboutmoney.ca/en/managing-your-money/investing/rrsps-for-retirement/Pages/RRSP-transfers.aspx#.VlOBSHpVKlM"}
{"_id": "398882", "title": "", "text": "And it is good to note that those in minimal wage jobs (or low wage jobs) would likely spend all their gained spending power on businesses that hire minimum wage workers in the local economy.   Almost all of their gains, would go directly back into the economy, not savings accounts or investments."}
{"_id": "398883", "title": "", "text": "It's a persistent myth that the US has any trouble whatsoever selling its debt. No country with it's own fiat currency has trouble selling debt.  Of course there is a limit to it and that limit comes in the form of inflation via currency weakness. The dollar is, in fact, still near historic highs even though it has come down some recently.  I would not be the slightest bit concerned until the DXY is down in the 70s."}
{"_id": "398884", "title": "", "text": "My father in law was a teacher and became paralyzed. If it weren't for unions he would have been completely screwed. My husband told me they were destitute before the union came along. Their wages went up and he was covered when he finally could no longer work."}
{"_id": "398896", "title": "", "text": "The company provides the best gold mining services in the world is. This company authorization of the government in the United States. The Western mining limited is most important to the Gold mining. The Western Mining Limited is a number of the quickest growing gold mining producing place in the global with a protracted history of gold production and is USA's 1st largest manufacturer of gold in the world."}
{"_id": "398900", "title": "", "text": "Trading and investing are very, very different activities.   Investing is (very generally) done for the longer haul, by people looking for a reasonable return, determined largely by the long term prospects of the business in which they invest, accepting some moderate risk, usually around the prospects of that business.   Trading is (very generally) done shorter term (seconds to days/weeks), and can involve significantly higher risk, usually focused around market conditions and players at the time of the trade. To reiterate, these are gross generalizations, but if you are just starting out:  (a) you probably want to be investing, rather than trading; and (b) you may be best served by understanding as well as you can the difference between the two.  Once you understand that difference, that will lead you to learning resources on each."}
{"_id": "398901", "title": "", "text": "Let's put uninformed comments in perspective.  If you fail to read and are completely uninformed, you're wasting even more valuable resources:  &gt; The typical gunshot victim can expect to rack up over $5,000 in emergency room costs, according to the study. If the injury is severe enough to warrant a hospital stay, the average cost balloons to nearly $100,000."}
{"_id": "398924", "title": "", "text": "The smaller and more quantifiable and consistent risks will probably result (obviously in addition to smaller premiums) in a smaller spread in favor of the insurance company since there is a lot more leverage for companies like Tesla to negotiate with to drive down prices. It may reduce costs for Geico but it sure as hell will reduce profits too."}
{"_id": "398959", "title": "", "text": "I don't get why a section of people are getting better pay or benefits, be they public or private, is a problem. They're performing a service for the public and the public pays for that service through their taxes.   Complain about government workers, refuse to maintain or raise pay rates in order to attract better workers.   Also, there are pay freezes in sectors of federal and lots of state governments. Who's wages are getting higher?"}
{"_id": "398960", "title": "", "text": "From http://financial-dictionary.thefreedictionary.com/Business+Fundamentals The facts that affect a company's   underlying value. Examples of business   fundamentals include debt, cash flow,   supply of and demand for the company's   products, and so forth. For instance,   if a company does not have a   sufficient supply of products, it will   fail. Likewise, demand for the product   must remain at a certain level in   order for it to be successful. Strong   business fundamentals are considered   essential for long-term success and   stability. See also: Value Investing,   Fundamental Analysis. For a stock the basic fundamentals are the second column of numbers you see on the google finance summary page,  P/E ratio, div/yeild, EPS, shares, beta.   For the company itself it's generally the stuff on the 'financials' link  (e.g. things in the quarterly and annual report,  debt, liabilities, assets, earnings, profit etc."}
{"_id": "398968", "title": "", "text": "THANK YOU so much! That is exactly what I was looking for.  Unfortunately I'm goign to be really busy for 7 days but I'd love to tear through some of this material and ask you some questions if you don't mind.  What do you do for a living now? Still in real estate? Did you go toward the brokerage side or are you still consulting?  What's the atmosphere/day-to-day like?"}
{"_id": "398977", "title": "", "text": "So, you don't necessarily have to have your job be your life to work in finance. That's good to know, and makes sense, since surely there aren't enough Type A's to populate an entire, large, industry.   Man, I don't understand how one could work 100 hours a week for more than maybe one week. It would seem like basic needs such as sleep would become difficult with that level of work."}
{"_id": "398990", "title": "", "text": "The state of Massachusetts, for one. If you get divorced there you have to pay child support until the kid is twenty two.   The custodial parent, usually the mother, can decide to send the kid to an Ivy League school if the kid is accepted there and the other parent has to pay for at least half the cost, if not more.  I'm not complaining. I didn't get divorced there. But I knew a couple that did and that's where I learned this strange fact."}
{"_id": "399013", "title": "", "text": "Generally, banks will report your loan to at least one (if not all three) credit bureaus - although that is not required by law. The interest you're paying, in addition to your insurance isn't justifiable for building credit. I would recommend paying the car off and then perhaps applying for a secure credit card if you are worried about being rejected. Of course, since you have very little credit, applying for an unsecured card and getting rejected won't hurt you in the long run. If you are rejected, you can always go for a secured credit card the second time.  As I mentioned in my comments, it's better to show 6 months of on-time payments than to have no payment history at all. So if your goal is to secure an apartment near campus, I'm sure you're already a step ahead of the other students."}
{"_id": "399015", "title": "", "text": "\"Alright bud. I'm sure you're a smart and nice person who just wants people to earn as much as they possibly can (at least I hope you are), so let's look at it logically.   You are suggesting people that are unskilled / uneducated lack the ability to negotiate in their favor and a government law must be placed to help them. However, the effect of a higher minimum wage means you now force that very individual to compete with more people for that same position. This is because there's not a lot of competition for a job that pays say $8/hr because skilled people don't apply to them. The higher you set that minimum wage like the \"\"livable wage\"\" of $15/hr that I hear so much about, the more skilled people will apply to these positions because they now pay more. What makes you think an unskilled / uneducated individual will be able to find employment in this competitive environment? You are assuming that people earning minimum wage today will continue earning a minimum wage even if a higher minimum wage law is passed.   Also remember that employment goes both ways. Just as a potential employee has the freedom to walk away from a wage he doesn't like, an employer is free to not hire an employee for a given wage. An employer does not hire personnel that provides value less than the wage paid because that employee now costs the employer to keep him retained. So when you enforce a minimum wage which states an employer must at a minimum pay a certain wage, you forcibly fire all the employees that do not merit that wage. You effectively take away the 1 bargaining chip unskilled and uneducated individuals can offer which is offering to work for lower wages.\""}
{"_id": "399042", "title": "", "text": "And losing market share.   Which means that an increase in prices (which is why their margins are improving) means a loss of market share.   Their entire investment thesis as a company is that by subsidizing prices they can capture market share and slowly raise prices. This data proves that thesis untrue.   Uber is fucked*.    *if they stay on their current path."}
{"_id": "399043", "title": "", "text": "Par value of common stock is essentially a historical artifact; it is a price at which the company will redeem shares directly.  If common stock has any par value at all, it is always so low that no one would ever redeem, preferring to sell in the market at a better price.  Par is obviously much more relevant to debt securities than equities. So you do need a strike price.  ljwobker's letter is a typical one, in that companies often make the strike price for granted options a formula based on the market price of the stock at the time of the grant, say 100% of market or 110% of market.  But you will obviously need to find out what strike your company is offering."}
{"_id": "399047", "title": "", "text": "Wishful thinking.  Like it or not, we exist in a global economy today. The U.S. has certain competitive advantages in that economy, and we need to build/expand them, but cheap labor is not one. The days when assembly/manufacturing workers could union up and command high wages (or, increasingly, even middle-class wages) are basically gone. And as another commenter here alluded to, workers can choose to take a job at lower wages, or... not have a job.  Go ahead and complain about CEO pay if you want. It doesn't change the basic argument of labor supply vs. demand that sets wages. Workers aren't owed some % of company profits."}
{"_id": "399082", "title": "", "text": "Income inequality has been increasing quite a bit.  This means the rich are getting richer, with everyone else getting poorer.  The handful of rich peOple can't generate much economic activity.  They, for example, only eat 3 meals a day, buy a few cars a piece, own a few homes apiece, etc.  The massive numbers of people in the middle and lower cannot buy as much stuff as they used to.  For example, they eat out less; hold off buying that new car; go to fewer concerts, don't go on vacation, etc.   This lowers demand all around.  Less demand equals less economic activity.  Governmental austerity will only make matters worse, as this will lower demand even more, producing less economic activity.  This has been and continues happening in Europe big-time.  Germany is pretty the only country that ramped up government spending in the last few years, and bought their way out ofmtheir recession.  Greece, on the other hand, has had nothing but austerity and is circling the drain.    Tl;dr 1% lots of money can't spend enough--99% little money, just can't spend."}
{"_id": "399083", "title": "", "text": ""}
{"_id": "399115", "title": "", "text": "The $10,000 is not taxable to either of you, but the $500 is taxable income to you - and a deductible business expense for your friend."}
{"_id": "399118", "title": "", "text": "My wife and I have two Schwab brokerage accounts, one for retirement and one for non-retirement investments.  The latter also has a checking/savings account which we use as our main account.  Schwab is very happy with us, as we are cheapskates and save a lot of money.  The checking account, which seems to act like any ordinary checking account, gives us all the things listed above.  They pay the ATM fees, which is not a lot of money, but seems like a nice thing to me.  We can also do cash deposits and we can go to any Schwab branch to talk to someone face to face.  We've only had to do the latter once in 10 or so years, and the former maybe once or twice."}
{"_id": "399149", "title": "", "text": "\"The article \"\"Best Stock Fund of the Decade: CGM Focus\"\" from the Wall Street Journal in 2009 describe the highest performing mutual fund in the USA between 2000 and 2009. The investor return in the fund (what the shareholders actually earned) was abysmal. Why? Because the fund was so volatile that investors panicked and bailed out, locking in losses instead of waiting them out. The reality is that almost any strategy will lead to success in investing, so long as it is actually followed. A strategy keeps you from making emotional or knee-jerk decisions. (BTW, beware of anyone selling you a strategy by telling you that everyone in the world is a failure except for the few special people who have the privilege of knowing their \"\"secrets.\"\") (Link removed, as it's gone dead)\""}
{"_id": "399162", "title": "", "text": "thanks.  I have real time quotes, but in the contest, if you put in a market order the trade might happen at the delayed quote price and not the real time price.  Does anyone know at which price it will trade, delayed or real time?"}
{"_id": "399163", "title": "", "text": "Uber is typically cheaper, at least in my city. The app is also far superior, being able to predict your destination from just a few letters; Lyft isn't as smart (it'll find a place with the same name two states over, for example)"}
{"_id": "399188", "title": "", "text": "Tbf Finland is very nice and no one lives in Greenland, essentially. But the other user brought up a very good point as you did about Russia, being as poor as Brazil. About how inuits never formed an empire like the Aztecs."}
{"_id": "399191", "title": "", "text": "\"what does negative Total Equity means in McDonald's balance sheet? It means that their liabilities exceed their total assets.  Usually is means that a company has accumulated losses over time, but that's just one explanation.   But, isn't McDonald a very healthy company, and never lost money? Just because a company has \"\"always\"\" money does not mean it's a healthy company.  It may have borrowed a lot of money in order to operate, and now the growth is not able to keep up with the debt load. In McDonald's case, the major driver in the equity change is the fact that they have bought back over $20 Billion in stock over the past few years, which reduces assets and equity.  If they had instead paid off debt, their equity would not be negative, but their debt may be so cheap (in terms of interest rate) that it made more financial sense to buy back stock instead of paying off debt.  There are too many variables to assess that in this forum.\""}
{"_id": "399198", "title": "", "text": "How and why is this considered fair (and/or legal)? Let's use an analogy.  The issue is not fairness, it is just the rules. The assets you own and the cash you receive are reported differently. If the rules don't make sense, I suggest you hire an adviser that can teach you and help you get the most out of your investments."}
{"_id": "399199", "title": "", "text": "I'm a CPA and former IRS agent and manager. Whether you are a cash or accrual basis taxpayer, you get to deduct the expense when your card is charged. Think of it this way: You are borrowing from the credit card company or bank that issued the credit card. You take that money to make a purchase of a product or service. You now have an expense and a liability to a third party. When you pay off the liability, you do not get to take a deduction. Your deduction is when you pay for the expense. Depending on what you purchased, you may have to capitalize it."}
{"_id": "399203", "title": "", "text": "\"J.K. Lasser's Your Income Tax is, remarkably, a great read. It's a line by line review of the tax forms, and offers commentary and examples for every scenario. Of course, it's updated every year to reflect new rules and numbers.  I actually read it from cover to cover the first year I started working.  It's not going to offer convoluted strategies to use, but, you'll understand your tax return well enough to respond to the advice you encounter elsewhere.  To mhoran's point - \"\"Don't let the tax tail wag the investing dog.\"\"  Taxes are important, but should take a back step to earning and investing. Those who didn't sell at the height of the dotcon bubble \"\"to avoid the big tax bill\"\" only saw in hindsight that paying taxes is part of success not failure.\""}
{"_id": "399234", "title": "", "text": "The other obvious suggestion I guess is to buy cheap stocks and bonds (maybe in a dollar denominated fund). If the US dollar rises you'd then get both the fund's US gains plus currency gains. However, no guarantee the US dollar will rise or when.  Perhaps a more prudent approach is to simply diversify. Buy both domestic and foreign stocks and bonds. Rebalance regularly."}
{"_id": "399237", "title": "", "text": "Yes and no. Assuming you have a strong password, it is still safe. The added benefit of a salt is to make even simple passwords impractical to crack.  However, the fact that unsalted passwords were obtained, there's no harm in changing passwords.  Then again, if these passwords were intercepted by something like a man in the middle attack... changing it now would result in your new password being re-intercepted.  Isn't security fun?"}
{"_id": "399258", "title": "", "text": "The IRS offers an online calculator to help you select the correct number of deductions on your W-4. The tricky part is that we're nearly half-way through the year, so if you add more deductions to offset the lower withholding during the first half of the year, you'll have to update the W-4 at the beginning of next year to correct that next year."}
{"_id": "399259", "title": "", "text": "It doesn't make a whole lot of sense to save up and wait to make a payment on any of these loans.  Any dollar you pay today works better than saving it and waiting months to pay it, no matter which loan it will be applied to. Since your lender won't let you choose which loan your payment is being applied to, don't worry about it.  Just make as big a payment as you can each month, and try to get the whole thing out of your life as soon as possible. The result of this will be that the smaller balance loans will be paid off first, and the bigger balance loans later.  It is unfortunate that the higher interest rate loans will be paid later, but it sounds like you don't have a choice, so it is not worth worrying about. Instead of thinking of it as 5 loans of different amounts, think of it as one loan with a balance of $74,000, and make payments as quickly and as often as possible. For example, let's say that you have $1000 a month extra to throw at the loans.  You would be better off paying $1000 each month than waiting until you have $4000 in the bank and paying it all at once toward one loan.  How the lender divides up your payment is less significant than when the lender gets the payment."}
{"_id": "399274", "title": "", "text": "\"the craftsman brand (other than non-powered tools) turned into \"\"unsupported crap made in china\"\".  i had a snow blower break 3 months after i got it and it would have been $150 to fix.  i also wanted to see a toolbox that was not on display, and they wouldn't show me.  oh well, their own fault.\""}
{"_id": "399284", "title": "", "text": "Compensation information is available in the annual reports (10-k filings) which are available from the SEC EDGAR system or, generally, the company's website.  Additionally, insider transactions are reported to the SEC so you can see when an insider buys or sells stock or exercises options received as compensation. Background: Nowadays board and officers seem to secretly steal money from shareholders through options and other ways. The stock buybacks that people think should boost the earnings per stock is in reality issued back to the management of the company and is a more stealth way to take money from the company compared to take higher salaries. ... How do you know this is happening if you don't know where to go to get the data needed to determine whether or not this is happening?  Do you really think company share buybacks involve just the amount of shares to pay an executive?  Apple has bought back $117,000,000,000 worth of shares from the fourth quarter 2012 through the second quarter 2016, and paid a pretty substantial amount in dividends over the same period.  Do you really think these shares were simply handed to the executives?  The huge pension funds and other huge investors would not let this slide for very long if it were even close to being true. Don't come to an unfounded conclusion then seek data to prove your position.  Look at and analyze data THEN come to a conclusion."}
{"_id": "399289", "title": "", "text": "Ok, so if I have a 401k, when does it become mine? When I retire and start taking distributions from it? At that point, is the only thing I own what I actually take out or is the full balance mine? Who owns the 401k when I'm contributing? This is just raising more questions."}
{"_id": "399290", "title": "", "text": "I was unaware that first-class mail was intended to be that fast. But really, the postal service is legacy infrastructure at this point. Its last major purpose, aside from spam, is servicing bills and miscellaneous government paperwork like taxes and the census for those who don't have access to the internet. The post baby-boom generations are overwhelmingly computer literate; it's not going to be too terribly long before we have mandated universal internet connectivity, like we have with telephones and electricity. At that point, the postal service will pass into irrelevance."}
{"_id": "399306", "title": "", "text": "Landscape curbing is a very easy and affordable way to stop unwanted grass and weeds from invading the flower. That is a new and creative way of enhancing the yard. If you have a little garden in your home, that Curb Landscape is the correct method for orchestrating plants, plant embellishments, blossoms and trees in a pleasant looking scene. Checking can add additional interest to your yard territory, subsequently expanding the estimation of your home."}
{"_id": "399323", "title": "", "text": "http://theinternettitans.com/services/social-media-management/     Social Media Management, Social Media Marketing  Social media is here, it has been here.  It is not going away and you need to either get on board or get left in the dust.  Your competition will be using social media, if not already to get their message out to your customers."}
{"_id": "399335", "title": "", "text": "NapiGator SEO is Oxnard's premium SEO agency. We have developed a systematic, proven and brutally effective approach to SEO that is blowing away our competition at every turn. This enterprise grade SEO service, which we've made affordable for ordinary business owners, has increased rankings, traffic and the bottom line of hundreds of businesses across the globe. Call us today to find out more."}
{"_id": "399345", "title": "", "text": "A stock dividend isn't exactly a split. Example: You have 100 shares of stock worth $5 a share (total value $500). The company wants to distribute a dividend worth 1%. You could expect a check for $5. But If they wanted to do a stock dividend they could send you 0.01 shares for every share you own, in your case you will be given a single share worth $5. Now you own 101 shares. Why a share dividend? It doesn't take cash to give the dividend. It keeps the money invested in the company. Some investors re-invest a cash dividend, some don't.  A cash dividend is generally taxable income for the investor; a stock dividend isn't. Some investors prefer one over the other, but it depends on their specific financial picture. Neither a stock dividend, a cash dividend or split changes anything.  The split changes the price to meet a goal. The cash dividend lowers the price by sending excess cash to the investors. The stock dividend lowers the price by creating new shares and retaining cash.  It company picks the message and the method. depending on their goals and situation. Remember that a company may want to give a dividend because they have a history of doing so, but not have the cash to do so. It is like a split because the number of shares you own will go up, and the price per share will go down. But a split is generally done to bring the price of a share to within a specific range. The company sees a benefit to having a stock mid priced, instead of very high or very low."}
{"_id": "399348", "title": "", "text": "Because millionaires decided to flaunt the law, then got rewarded for it?  If ANY of these guys had attempted to just ignore the law like this, they'd have been charged criminally.   The taxi medallion system is a wreck and highly abused.  But the people who got hurt the worst here are individuals that are just trying to make an honest living."}
{"_id": "399349", "title": "", "text": "TALYA B\u0130TK\u0130SEL \u00dcR\u00dcNLER  Talya Bitkisel \u00dcr\u00fcnler San. Tic. Ltd. \u015eti.  Talya Bitkisel \u00dcr\u00fcnler 2004 y\u0131l\u0131nda Antalya ' n\u0131n Kepez il\u00e7esinde faliyete ba\u015flam\u0131\u015f olup ; daha \u00f6nce perakende faliyeti olan fabrika 2006 y\u0131l\u0131nda aromatik ya\u011f \u00fcretimi , paketleme ve pazarlama faliyetleri ile T\u00fcrkiye ' nin her b\u00f6lgesine yay\u0131lm\u0131\u015ft\u0131r. 2011 y\u0131l\u0131 itibariyle g\u0131da takviyeleri \u00fcretimi ile t\u00fcm \u00fcretimini geli\u015ftirmi\u015ftir.  Talya Bitkisel \u00dcr\u00fcnler fabrikas\u0131 5000 metrekare alana yay\u0131lm\u0131\u015fm\u0131r ve 2000 metre kare kapal\u0131 alana sahiptir . B\u00fct\u00fcn \u00fcretimini el de\u011fmeden tam otomatik makineler arac\u0131l\u0131\u011f\u0131 ile yapmaktad\u0131r.T\u00fcm \u00fcr\u00fcnler 6 ve 12 li olarak oluklu mukavva koliler ile paketlenip da\u011f\u0131t\u0131lmaktad\u0131r .   http://ekonomikfirsat.com/git_firmadetay_talya-bitkisel-urunler-antalya_63.html"}
{"_id": "399366", "title": "", "text": "If the billing cycle is 2 to 3 months, it would mean Banks have to give credit for a longer period and it makes the entire business less profitable as well as more risky compared to the Monthly billing cycle. For example the current monthly billing cycle with a date say of 14th, means if you swipe your card on 1st day, one would effectively get a credit for 30+14, around 44 days. If you swipe on last day, one would get a credit for 14 days. On an average 22 days of credit. If we make this 3 months, the credit period would increase on an average (90+14)/2, 52 days. From a risk point of view, on monthly cycle if there is non-payment its flagged much earlier compared to a 3 months cycle. On offering different dates, shop around. In the older times the cycles were different, however with individuals having several cards, and trying to optimize every purchase to maximize credit period. Quite a few banks have streamlined it to monthly cycle. Shop around and some banks should be able to offer you different dates."}
{"_id": "399367", "title": "", "text": "Options trading at $.01 have the same position limits as other options. Self regulatory organizations set the position limits for options which can be 250,000 contracts on one side of the book, as an example. Weeklies that are expiring soon have lots of liquidity while trading at $0.01, you can see this in Bank of America stock if interested"}
{"_id": "399370", "title": "", "text": "I know I'm talking to a bot  Because prices where not allowed to increase the American people continued to drive as if oil was $3 per barrel. But if prices jumped to $6 or $9 a barrel the American people would have changed their behave on driving and started to take the bus and car-pool.  This would allow people who really need the gas to always be able to fill up."}
{"_id": "399382", "title": "", "text": "A debit card takes the funds right from your account. There's no 'credit' issued along the way. The credit card facilitates a short term loan. If you are a pay-in-full customer, as I am, there's a cost to lend the money, but we're not paying it. It's part of the fee charged to the merchant. Thus the higher transaction cost."}
{"_id": "399394", "title": "", "text": "You must not really understand how sales work. There isn't some magical list of people who want to hear about my product. There aren't very many ways to find a sizable amount of people who are in the market to make a purchase. To find people who are, I can cold call, advertise, and that's about it. Every successful company to ever exist started out cold calling potential clients to see if they wanted to purchase their product. The thing is, we don't care about finding people who don't want to purchase. We simply thank you for your time and move on. What we DO care about are the people who end up being interested in our product, and I can tell you this, every person who IS interested in our product is glad we called them. Plus, a cold call is not a sales call. A proper cold call is simply an informational call. The beginning of a business relationship. It is where you see if a person is interested or in need of the product you are selling and, if they are, you explain how your product can meet their need. We don't try to close the sale then and there. We simply inform. It's a highly effective way to find business, if you can handle being demonized by assholes like you."}
{"_id": "399404", "title": "", "text": "\"&gt; Once again remember, it's ZH.   There's a Reuters cite almost immediately at the top of the story.  Do you have an updated list of the OK-to-post media sources?  &gt; The US has had ATM limits since, well I can't even remember, with the max being at most $200 a day.  If by \"\"the US\"\" you mean \"\"some people at some banks in the US, depending on the rules of that bank\"\" then yeah - but if what you were attempting to imply is some USA-wide ATM limit ala the one being discussed, then that's simply wrong.\""}
{"_id": "399406", "title": "", "text": "\"I'm not sure if the rules in Canada and the US are the same. I'm as amazed as you are by the amounts of debts people have, but I can see how this credit can be extended. Generally, with good credit history and above average pay - it is not unheard of to get about $100K credit limit with a bunch of credit cards. What you do with that after that depends on your own ability to manage your finances and discipline. Good credit history is defined by paying your credit cards on time with at least minimum payment amount (which is way lower than the actual statement amount). Above average pay is $60K+. So you can easily have tons of debt, yet be considered \"\"low risk\"\" with good credit history. And that's the most lucrative market for the credit card issuers - people who do not default, but also have debt and pay interest.\""}
{"_id": "399409", "title": "", "text": "We run into this all the time with our EU clients. As far as I can tell, the only requirements when it comes to invoicing have to do with sales tax, which is determined at the state level, and only in the case that items are taxable. It seems that the service provided to you is not taxable and so there is no obligation under Californian law to provide you with the invoice you need.  That said, it would be nice to provide this information to you as a courtesy. We don't provide the information typically required by EU tax authorities on our receipts either, but whenever one of our EU clients requests a more formal invoice we gladly send them one."}
{"_id": "399418", "title": "", "text": "\"Do not give them any money until you have a signed contract that releases your liability completely. It's imperative that this contract be drafted correctly. The contract needs proper consideration (money in exchange for release of liability), among other things. In other words, talk to a lawyer if you want to go this route. If you just cut them a check, there's nothing stopping them from taking your money and making an insurance claim anyway, or taking your money and then suing for \"\"whiplash\"\" or some other fake injury.  The best way is just to go through insurance. It might cost a bit more, but you're covered in case they sue.\""}
{"_id": "399441", "title": "", "text": "Sorry for the harsh language, but we clamoring about the top 1% here is just like 3rd worlders complaining about the top 1% over in the USA, Europe, Australia, South America, etc... in other words it's clear that their poverty is not due to our wealth."}
{"_id": "399453", "title": "", "text": "\"I was never much of a customer but I legitimately had someone feel insulted that I would stop into a market basket to buy cigarettes during the boycott and threaten to stop speaking with me because I was being \"\"ignorant about the situation.\"\" Small town pride is no joke around here and word travels fast. I grew up shopping at market basket and slowly stopped because there isn't any closer than Walmart. So trust me after this display of integrity, I have no quarrels with contributing 30 more minutes to my grocery shopping commute.\""}
{"_id": "399473", "title": "", "text": "see, anyone who isn't heavy finance which truthfully is a good 80% of the business, will be fine with the transition. My issue is how to support the remaining 20% of advanced Excel users to attempt to find other (hopefully better) ways to view and change the same data. We've had these talks several times over with the technology transformation team and the main takeaway is:  - most users misuse Excel as a work-around tool to address messy data/reports, so for these processes they want us to determine if the data could come out clean and could run the desired analytics on the data straight out of the source, then would there be a need for Excel?  For some models like Monte Carlo, etc, I believe those ones are going to have exceptions. But do you think it is understandable and feasible to attempt to remove all the misuses of Excel and instead work towards a better way to accomplish the same goal? Because I do find that a good amount of spreadsheet work is sometimes just cleaning up the report/data output before the real Excel magic happens."}
{"_id": "399480", "title": "", "text": "In fact, buybacks WERE often considered a vehicle for insider trading, especially prior to 1982.  For instance, Prior to the Reagan era, executives avoided buybacks due to fears that   they would be prosecuted for market manipulation. But under SEC Rule   10b-18, adopted in 1982, companies receive a \u201csafe harbor\u201d from market   manipulation liability on stock buybacks if they adhere to four   limitations: not engaging in buybacks at the beginning or end of the   trading day, using a single broker for the trades, purchasing shares   at the prevailing market price, and limiting the volume of buybacks to   25 percent of the average daily trading volume over the previous four   weeks."}
{"_id": "399489", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.canberratimes.com.au/business/the-economy/australians-stuck-in-a-debt-trap-with-wages-having-risen-by-just-3-a-year-over-the-past-decade-20170918-gyk1o2.html) reduced by 89%. (I'm a bot) ***** &gt; When third-quarter GDP is released in December, the absence of the contraction from a year earlier could lift annual growth close to 3 per cent, compared with 1.8 per cent in the second quarter.  &gt; The next wage-price index will also incorporate a 3.3 per cent hike in the minimum rate and may lift the gauge above the 1.9 per cent record low it&amp;#039;s held at for the past year.  &gt; Its growth is behind the US and euro zone&amp;#039;s respective 3 per cent and 2.3 per cent, Canada&amp;#039;s 4.3 per cent and Germany&amp;#039;s 2.1 per cent.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/7199yd/australians_stuck_in_a_debt_trap_with_wages/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~213402 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **per**^#1 **cent**^#2 **growth**^#3 **quarter**^#4 **wage**^#5\""}
{"_id": "399492", "title": "", "text": "Advans Industry Company LTD offering Swimming pool safety fence also to their customers. If anyone has to buy  PVC Mesh Tarp, PVC open weave mesh, batyline mesh, PP Placemat, PE Placemat, vinyl coated woven polyester mesh fabric then he or she can go to them to avail these mesh tarps and fabric at the very low rates."}
{"_id": "399511", "title": "", "text": "Teach them that money can help solve most (if not all the problems) in life. If they truly appreciate the value of saving every single penny, eventually they will come to realize that if you don't touch your money (waste it on useless things you don't need such as eating out) that it can grow. Also teach them the value of compounding interest, even a TFSA/high interest savings account with a modest 3-4% annual ROI can be big with yearly additions and no withdrawals for a lifetime.  Tell them to take Johnny Appleseed for example. Johnny starts up his TFSA with help from mom and dad at the age of 15, let's say they put in $5000 all together. Now let's say he adds in a modest $2500 to his TFSA every year until he is 55 years old. If the TFSA has an interest rate of 4%, then when he's 55 he'll have over half a million dollars in the bank and he really didn't have to do much besides not touch it."}
{"_id": "399514", "title": "", "text": "Local smaller stores are much less efficient than large stores like Costco and Walmart. All that would do is drive up prices and make people with minimum wages have to spend even more for basic necessities. It's a two way street."}
{"_id": "399526", "title": "", "text": "You need to stop what you are doing right now and cut off contact with them! This is an extremely common scam. Here's how it works: They give you a check, maybe even a certified check. Usually in payment for something they are buying from you. The check happens to be for more than the sales price. They ask you to refund the difference, and pressure you to do so quickly. You will see why in a second. The check deposits fine and the money shows up in your account. Assuming the bank wouldn't do that if it wasn't a good check you let your guard down and pay them. In a couple of weeks, the bank detects that it is a fake check. They remove the money from your account, and may even report you for prosecution to local authorities for passing a fraudulent check.  Meanwhile the person has the money you gave them and you can't find them because they gave you a fake name. To add insult to injury they may also have the property you sold them.  You feel like a chump. Variants of this scam include them asking you to cash a check for them and you get to keep a part of the proceeds for your trouble. Sometimes it is presented as a work-at-home scheme.  If you feel you absolutely must complete this deal, and you shouldn't. I would suggest you ask the person for a couple of forms of picture ID and tell them you need to make sure they aren't a scammer and you are going to do a background check on them with your local police to protect yourself. I predict the person will disappear and never contact you again about the money.  Also, I suggest you talk to your bank immediately and inform them you think you might have been a victim of a scamming attempt so that you don't look like an accomplice when this is all said and done."}
{"_id": "399529", "title": "", "text": "First of all, don't be rude-I'm trying to help here.   Second, picture this scenario-  a company manages an offshore oil rig.  The employees by law have to be paid in a certain period of time.  To send paper checks to the employees who work on the oil rig would cost thousands of dollars and the employees can't cash them anyways. Thus the company requires it's employees to have direct deposit.  One of the employees can't or won't get a bank account (yes there are people like this).  How do you pay him?  A prepaid debit card solves this problem."}
{"_id": "399543", "title": "", "text": "Does your employer provide a matching contribution to your 401k?  If so, contribute enough to the 401k that you can fully take advantage of the 401k match (e.g. if you employer matches 3% of your income, contribute 3% of your income).  It's free money, take advantage of it. Next up, max out your Roth IRA.  The limit is $5000 currently a year. After maxing your Roth, revisit your 401k.  You can contribute up to 16,500 per year. You savings account is a good place to keep a rainy day fund (do you have one?), but it lacks the tax advantages of a Roth IRA or 401k, so it is not really suitable for retirement savings (unless you have maxed out both your 401k and Roth IRA). Once you have take care of getting money into your 401k and Roth IRA accounts, the next step is investing it.  The specific investment options available to you will vary depending on who provides your retirement account(s), so these are general guidelines. Generally, you want to invest in higher-risk, higher-return investments when you are young.  This includes things like stocks and developing countries. As you get older (>30), you should look at moving some of your investments into things that less volatile.  Bond funds are the usual choice.  They tend to be safer than stocks (assuming you don't invest in Junk bonds), but your investment grows at a slower rate. Now this doesn't mean you immediately dump all of your stock and buy bonds.  Rather, it is a gradual transition over time.  As you get older and older, you gradually shift your investments to bond funds. A general rule of thumb I have seen: 100 - (YOUR AGE) = Percentage of your portfolio that should be in stocks Someone that is 30 would have 70% of their portfolio in stock, someone that is 40 would have 60% in stock, etc. As you get closer to retirement (50s-60s), you will want to start looking at investments that are more conservatie than bonds.  Start to look at fixed-income and money market funds."}
{"_id": "399564", "title": "", "text": "Your best bets are a Roth IRA or traditional IRA.  If you roll it to a Roth, you will have to pay taxes on the amount you roll over (unless it was a Roth 401k), however what is in the Roth will grow tax free and it will be tax free when you withdraw.  With a traditional IRA, you won't owe taxes on the money now but will pay taxes when you withdraw. You won't be able to withdraw this money until 59 1/2 years of age without paying a penalty, the same goes for your current 401k.  If you take the money (for mortgage, other investment, etc.) and don't roll it over to a qualified account, you will owe taxes on it plus a 10% penalty.  So you will only get between 60% and 70% of its value."}
{"_id": "399577", "title": "", "text": "Agreed. The 6 is so unappreciated, it's a fantastic car. Maybe the most beautiful US sedan available and way better than the new Camery  and Accord. I thought the 2 and 5 were also great and innovative in the US but never sold well. At least they are doing OK with their auto based SUV's."}
{"_id": "399583", "title": "", "text": "In a comment on this answer you asked  It's not clear to me why the ability to defer the gains would matter (since you never materially benefit until you actually sell) but the estate step up in basis is a great point! Could you describe a hypothetical exploitive scenario (utilizing a wash sale) in a little more detail?  This sounds like you still have the same question as originally, so I'll take a stab at answering with an example.   I sell some security for a $10,000 profit.  I then sell another security at a $10,000 loss and immediately rebuy.  So pay no taxes (without the rule).  Assuming a 15% rate, that's $1500 in savings which I realize immediately.  Next year, I sell that same security for a $20,000 profit over the $10,000 loss basis (so a $10,000 profit over my original purchase).  I sell and buy another security to pay no taxes.  In fact, I pay no taxes like this for fifty years as I live off my investments (and a pension or social security that uses up my tax deductions).  Then I die.  All my securities step up in basis to their current market value.  So I completely evade taxes on $500,000 in profits.  That's $75,000 in tax savings to make my heirs richer.  And they're already getting at least $500,000 worth of securities.   Especially consider the case where I sell a privately held security to a private buyer who then sells me back the same shares at the same price.   Don't think that $10,000 is enough?  Remember that you also get the original value.  But this also scales.  It could be $100,000 in gains as well, for $750,000 in tax savings over the fifty years.  That's at least $5 million of securities.   The effective result of this would be to make a 0% tax on capital gains for many rich people.   Worse, a poorer person can't do the same thing.  You need to have many investments to take advantage of this.  If a relatively poor person with two $500 investments tried this, that person would lose all the benefit in trading fees.  And of course such a person would run out of investments quickly.   Really poor people have $0 in investments, so this is totally impractical."}
{"_id": "399584", "title": "", "text": "In france you have several options: A good place to starts with: 1% as of may 2015 interest is low, but's money is 100% liquid (you can withdraw antime). You got slightly superior interest rates, and have to wire at least 45\u20ac a month on it. It gives you lots of advantages if you use it to buy a house.  You cannot use the money unless you close the account, so it's not as flexible. You get 2% rates as of may 2015 which is quite good. [If you open this account now, it's only 1% making it not so attractive. Look at Life Insurance Instead.] This one is useless: interest rate is too low. I highly recommend this one. You can open it with 0 cost with several online banks (ing, boursorama, ...) Minimum deposit should be around 1000\u20ac. Rate is flexible, but usually higher than what you get with the others. You shouldn't withdraw the money before 8 years (because of taxes, but you can still do it if you need). You can add money on it later if you want. Because of the 8 year duration, it's better to open one as soon as you can, even with the minimum amount. Open an PEL + Livret A + Life insurance. Put the minimum on both PEL + life insurance. Put every thing else on Livret A. If you are 100% sure you don't need some of the livret A money, send it to PEL. [As of 2017, PEL is not so attractive anymore. Bet on the Life Insurance instead, unless your account was open prior to this]."}
{"_id": "399588", "title": "", "text": "Okay, I'll do that. Meanwhile, what does any of that have to do with whether the claims in the above article are accurate or not?  Update: just googled; no meaningful results were returned. Can you share some links?"}
{"_id": "399590", "title": "", "text": "IMO, QE2 will likely have no perceptible impact in the near term. Keeping all of your savings in a bank guarantees that you will lose money to inflation & taxes. I'd suggest consulting a financial advisor -- preferably someone who understands issues facing someone with assets in the US and Canada. In terms of what portion of your savings should be in USD vs. CAD, that's going to depend on your situation. I'd probably want more assets in the place that I'm living in for the next several years."}
{"_id": "399598", "title": "", "text": "The simple truth is, that the one that had to the most to gain is the one responsible and all else is misdirection.   So who gained the most and who actually had the ability and motivation to pull it off?  Lets see . .Zukerberg runs face books . . . he is a jew  Donald Trump's bankrupt son in law, kushner, is now in the White house call he shots in the middle east deal and his family making money from the influence . .they are jews  Israel is happy with their new F-35s, a promise to relocate the US embassy to Jerusalem, a hard line against Iran, that Nathanyahu keeps grinning like a jack ass . .they are jews  The Jews long lost calf worshiping Indian cousins are now the darling of America.  So getting this imbecile Donald trump in the White house has benefited the Jews the most and he has been bankrupt a number of times so he is surely their bitch on a long term basis.  They have control of the media as well as the Fed and the Treasury.  So the had the means, the motivation, benefited from it and put the blame of putting the biggest monkey that America could find in the White house on Russia, which never had the means to rig the election.  In reality, Facebook is a fucking blog page that has been over marketed to the extent that web pages are worth billions . .its a fucking dot.com scam"}
{"_id": "399601", "title": "", "text": "\"Which hedge fund outperforms consistently, year after year?  Hedge funds are over-rated, and few truly outperform... nor do many actually provide a hedge as they were originally intended to do.  Some funds have great years, but only because most hedge funds take much bigger risks via derivatives... and thus they have huge down years as well.  BTW being \"\"VERY well-funded\"\" is a DISadvantage, not an advantage.  It's tremendously more difficult to make large percentage gains on $1 billion than it is to make gains on $1 million.\""}
{"_id": "399607", "title": "", "text": "\"I don't know what their processes are, but I've gotten a tour of an organic dairy farm and they made it clear: they *did* use antibiotics and it was no secret.  It's just that any dairy cow with an apparent infection that required antibiotics was sequestered away from the others and was not milked for the main milk tanks until it was fully recovered and the antibiotics were out of its system.  If any antibiotic-contaminated milk made it into the main milk tank, the whole batch was dumped.  I would assume \"\"antibiotic-free\"\" farms would be similar to organic farms - not that they leave diseases untreated, but that they don't do the blanket growth-stimulator usage of antibiotics, only using them in a targeted fashion.\""}
{"_id": "399629", "title": "", "text": "\"I'm not sure how legitimate this idea is, but when I see something like Airbnb coming into play in hospitality I think it opens a lot of potential doors.  You need to realize the full scope of staying at a hotel. Its not just the room you sleep in. There are toiletries, concierge services, taxi/rides if they flew to the area, theres a lot out there when you think about it.  Now imagine you book a place with airbnb.  If i go there will they have toothpaste? Imagine just some kind of company that provides basic toiletries for a fair price for someone who is managing a listing and provides travel items etc whether the person wants to buy in bulk expecting a steady flow to save money, or buy in set packages in smaller sets. create some kind of \"\"basic bundle\"\" including necessities etc.  This is just an example.\""}
{"_id": "399631", "title": "", "text": "For tax year 2014, TurboTax Deluxe no longer supports Schedule D.*  TurboTax Premier is required if you need to use Schedule D. Alternatively, H&R Block Tax Software Deluxe will handle Schedule D at a fraction of the cost of TurboTax Premier. Update: Beginning with tax year 2015, TurboTax has reversed their disastrous decision and put the functionality back into Deluxe, making it once again an acceptable choice for the OP's situation. See this answer for more details. H&R Block Deluxe still handles this at less cost.   * Technically**, TurboTax Deluxe does include Schedule D and other schedules in what they call form mode; however, if you decide to use them, TurboTax Deluxe cripples itself, eliminating many of the features on this chart that you may have gotten used to, such as interview guidance and e-file.   ** See https://xkcd.com/1475/"}
{"_id": "399645", "title": "", "text": "\"If you're doing a masters, that's awesome! Being out of school is the toughest part! First thing I'd do is lean towards IT, it just naturally makes a lot of sense (not to say not to do strategy, too but its a whole different beast). You should sit down with career services at your school ASAP. They should help guide you through the process and tell you about timelines, firms that come to campus, etc.  Since your in a MS you'd prob be applying for an Associate role. To get those you need to brush up and master a case interview (EXTREMELY IMPORTANT). Basically they sit you down in a room and ask you to solve a real world problem without a calculator. There are a number of books such as \"\"cracking the case\"\" that can help with that.   Also, go on LinkedIn and start searching for alumni that are at your target companies. Network hard, it matters probably more than the interview. They can give you a really good ideas on how to position yourself, too. I'd also look at boutique firms that specialize in Comp. Sci related work. It's easier to switch into a McKinsey from a boutique, than as an outsider.  Seems like you should be in good shape (much better than i had ignorantly assumed)! Best of luck! I hope this helps! Just remember, work hard at it and make sure it's for you!\""}
{"_id": "399648", "title": "", "text": "\"And then failing at retirement because they had a fifth kid when they were in their late fifties and so they continue working even after they've \"\"retired.\"\"  At leas that seems to be how it goes where I live.  More people die than actually retire.\""}
{"_id": "399672", "title": "", "text": "\"This one struck a nerve I see.   I also certainly understand your side- it's not \"\"right\"\" for the consumer to do it, in a strictly moral sense of the word. However, they're operating in a marketplace where Target will use any and all tricks in the book to increase revenue, including tax dodging/sheltering, lobbying against their citizens' interest, using non-union shops (see the Canadians' discussion below), etc. That is, Target is doing everything it can to gain the upper hand against consumers/employees/labor, etc, in the old \"\"labor vs capital\"\" battle.   To ask individuals to adhere to a stricter set of marketplace rules is to put \"\"us\"\" (or any individual) at a disadvantage in said marketplace. Consumers need to be able to be just as ruthless in the marketplace as corporations. In this case, Target screwed up and thus pays for it. If Target found a perfectly legal loophole, it's guaranteed they would drive the whole ship through it. I mean, there's a reason corporate taxes rates are abysmally low.   The argument I would accept is this: One could argue that the consumers, by using the gift card deal in a way that deliberately violates the terms of the contract of said card, are committing fraud. That's fine- I have no problem with saying it's wrong on that technicality. However, economics has been called the \"\"dismal science\"\" for a reason- there's no morality in a marketplace.\""}
{"_id": "399673", "title": "", "text": "A call center company helps a business by many means in terms of providing phone services such as taking the customers\u2019 calls, answering their queries, resolving their complains, providing customer support, technical support, order taking and processing and lead generation to name a few. These are the top most business operation deeds that almost every company requires."}
{"_id": "399692", "title": "", "text": "Industrial Revolution, a term first used in the early 19th century to describe major changes in modes of production in Britain since the mid-18th century and their social consequences. However, it was quickly recognized outside as well as inside Britain that the consequences of the introduction of machinery, driven by steam power, would be felt worldwide."}
{"_id": "399700", "title": "", "text": "\"I don't think they're raising rates because of inflation fears. i think they're generically afraid of asset bubbles that they won't be able to get control of if there is an ongoing and neverending easy money expectation.  Loose monetary policy has, I think, done all it can for the \"\"real\"\" economy. All that's really left to accomplish with loose money is to inflate asset prices and that's not helping.  The governments of the US (federal and state) have not stepped up in the way they should have to fill a persistent demand gap. Notice how excited the Fed got  So why leave money loose when doing so won't fill that demand gap, all it will do is inflate assets and perhaps encourage a bubble.\""}
{"_id": "399712", "title": "", "text": "Most successful leaders are not born leaders. Various personal experiences and mistakes made along the way impact upon our leadership style and ability. For many of us, another perspective and a bit of constructive help along the way can add considerable value to the process, enabling us to fine tune our skills and learn how to get the best out of ourselves and fellow team members. In situations like this, an executive coach comes in handy."}
{"_id": "399736", "title": "", "text": "Forbes features business blog posts such as this one by Anthony Leaper, SAP.  The topic is 'your brand' and the way that a CRM solution linked to your supply chain / inventory, etc. solely for the purpose of determining whether you can meet a customers\u2019 order for two million widgets by Tuesday, isn't enough. You also need CRM to extend the experience of your brand throughout the life of your relationship with your customer."}
{"_id": "399738", "title": "", "text": "Slice and Dice would have the approach for dividing things up into 25% of large/small and growth/value that is one way to go. Bogleheads also have more than a few splits ranging from 2 funds to nearly 10 funds on high end."}
{"_id": "399747", "title": "", "text": "Auto repair shops need more than just a spacious place. You need a place which is strong, efficient and provides you with the architectural freedom. Steel makes up to 70% of the commercial buildings due to its durability, great strength, flexibility and aesthetic appeal.The best part is that you get a complete auto repair steel building kit and you can easily assemble it."}
{"_id": "399748", "title": "", "text": "Expansion of federal influence in education  Expansion of DHS Expansion of military Expansion of domestic surveillance (that's liberal now)  He blew the government up to a size not seen since FDR.  Liberal. He just doesn't line up on all of the social issues that are ultimately wedge issues."}
{"_id": "399751", "title": "", "text": "\"Gold is not an investment.  Gold is a form of money.  It and silver have been used as money much longer than paper.  Paper money is a relatively recent invention (less than 350 years old) with a horrible track record of preserving wealth.  When I exchange my paper US dollars for gold I'm exchanging one form of money for another.  US dollars, or US Federal Reserve Notes to be more precise, can be printed ad nauseam by one bank that is totally private and is never audited.  Keeping all of your savings in US dollars is ignoring history, it is believing the US Federal Reserve has your best interest in mind, it is hoping that somehow things will be different this time, it is believing that the US dollar will somehow magically be the first fiat currency to last a person's lifetime. TIPS may seem like a good hedge against inflation.  However, the government offering TIPS is also the same government that is calculating the inflation rate used to adjust TIPS.  What a great deal.  If you do some research you discover that the method for calculating the consumer price index is always \"\"modified\"\" since it is always found to over estimate inflation.  It is never found to under estimate inflation.  Imagine that.  Here is a chart showing the inflation rate as if it were calculated the same way as it was calculated in 1980. Buying any government debt is also a way to guarantee you or your children will be taxed in the future since the government will have to obtain the money from someone to pay back bonds.  It's like voting for future taxes.\""}
{"_id": "399760", "title": "", "text": "The Reserve Bank of Australia's role in monetary policy has three objectives: currency stability (primarily keeping inflation within a narrow band); full employment; and improved prosperity and welfare. Its primary weapon in this, is its setting of a target for the cash rate - the overnight money-market interest rate charged between financial intermediaries. Short-term market rates closely track this cash rate target, because the Reserve Bank controls the supply of funds that banks use to settle the transactions that use the overnight money-market interest rates. Australian capital markets are liquid, with many deposits / loans being on variable-rate or short-term rates; hence changes to the cash rate quickly propagate throughout the market. NB that the changes propagate, but not all interest rates are at the same level: the absolute values don't propagate. Different interest rates will reflect different loan periods, and different (perceptions of) risks. Banks are profit-maximisers. So they won't loan at a lower rate to one borrower, if they can loan the same money to someone else at a higher interest rate (and the same or lower risk). And they won't lend money out, unless they can cover the cost of their own borrowing, plus overheads, plus a reward for the risk of the loan. Hence the home loan rates of all banks will tend to move in the same direction, by broadly the same amount, at the same time."}
{"_id": "399762", "title": "", "text": "VALIS Group Inc a new business on your own and defaulting on incorporating your business or being sued by a customer. Instead of being excited to start a new business, you will face difficulties as your personal assets could be taken away for fulfilling business expenses. However, if Incorporating your business, this nightmare can stay far away from you, as it alleviates personal liability as well as guards you as the corporate owner. also, has very friendly laws to incorporate a company and may require minimum documents and time period to complete company registration."}
{"_id": "399763", "title": "", "text": "The Only people confused by Trump is Trump himself and his own administration  Everybody else knows he is a retard who handled the situation so badly that North Korea is now a Nuclear state and its nots going back.  Now our eyes are on his new disasters,  1. Health Care . . .if he repeals, millions of Americans lose health care and thats a crisis, if he doesn't, he looks like and asshole  2. Iran, if he pull out of the deal and Iran goes nuclear, he looks like and asshole, if he stays in the deal, he looks like a bigger asshole  3. Afghanistan, he already looks like an asshole and he is going to look like a much much bigger asshole  4. But the thing that is really going to get him designated as Asshole in Chief is Tax reform  North Korea is over and done, they are not going to go back.  Tax reform is what we have our eyes on . . .tell us how taxing the poor through hidden sales taxes and giving the rich tax breaks is going to work for everybody."}
{"_id": "399774", "title": "", "text": "The comparison to Zimbabwe is the similarity in recent monetary policy.  The quote is within that context.  The reason the US/Europe have enjoyed better outcomes than Zimbabwe is that they have the support/friendship of banking and global elites.  That support could include a hint of racial/ethnic favoritism."}
{"_id": "399794", "title": "", "text": "In theory this could lead to problematic investments being made, since no individual robot would know what the others are doing.  For instance, one robot might decide to sell a certain stock or fund for tax loss harvesting purposes, but a different robot might buy the fund the next day for its own reasons.  This would count as a wash sale and would affect your tax liability, but neither robot would be aware of it, so they probably wouldn't notify you of it correctly, so you might not pay the correct tax, which would clearly be bad. Similar problems could arise, for instance, if the different robots have different rebalancing strategies, leading to an overall allocation that isn't optimal. In general the idea of these services is that the robots do complicated things that can save you (or make you) money, and they hide this complexity from you.  Without knowing exactly what they're doing, it's difficult to ensure that the aggregate action of multiple robots would still be beneficial; they could be canceling each other out, or worse."}
{"_id": "399804", "title": "", "text": "My wife has to pay tax on that? No. This will be treated as gift to your wife.  As a son he can gift unlimited amount to his mother without any tax implication to his mother.  If the amounts are large more than few lacs, best talk to CA and get a gift deed executed. Keep the paper work intact, i.e. details of the transfer, debit to your son's account with corresponding credit to your wife's account."}
{"_id": "399823", "title": "", "text": "I think it would be better to remove income from the equation for things people need to live. For everything else we need some kind of market. How that'll end up with automation, 3d printing, and ai sprinting towards market saturation is anybodies guess."}
{"_id": "399826", "title": "", "text": "\"Yes, Steve Jobs slllooowwwlly learned to become better as time went on. He was never great at anything except presentations.  Steve Wozniak was never bad to begin with. And he also could have learned how to be better in presentations.  Do you understand what I am trying to say here?  Bad leaders with \"\"charisma\"\" are given unlimited credit while good leaders are not given a chance because \"\"no charisma\"\".  What do you think of Elon Musk? Does he have charisma?\""}
{"_id": "399838", "title": "", "text": "OK, VERY glad you get that idea!  The problem with the ETF is: it's the monkeys-throwing-darts method. If the average (dollar-weighted) member stock in the ETF goes up, you win, but if half of them go under, and half succeed, over some time periods you will lose (and win over others).  I guess my POV is: if you can't do serious research into the expected success of an individual company, maybe it's too risky to even try betting on the whole group. YMMV. The problem with your investment plan is: you are depending on luck, and the assumption the group will increase in value over your investment period. I prefer research over hope."}
{"_id": "399848", "title": "", "text": "If this activity were to generate let's say 100K of profit, and the   other corporate activities also generate 100K of revenue, are there   any issues tax-wise I need to be concerned about? Yes. Having 25% or more of passive income in 3 consecutive years will invalidate your S-Corp status and you'll revert to C-Corp. Can I deduct normal business expenses from the straddles (which are   taxed as short term capital gains) profit? I don't believe you can. You can deduct investment expenses from the investment income. On your individual tax return it will balance out, but you cannot mix types of income/expense on the corporate return or K-1."}
{"_id": "399857", "title": "", "text": "I doubt it. I researched it a bit when I was shopping for a HELOC, and found no bank giving HELOC for more than 80% LTV. In fact, most required less than 80%. Banks are more cautious now. If the bank is not willing to compromise on the LTV for the first mortgage - either look for another bank, or another place to buy. I personally would not consider buying something I cannot put at least 20% downpayment on. It means that such a purchase is beyond means."}
{"_id": "399863", "title": "", "text": "NO, you pay off the Highest interest charging accounts first. The zero interest loan should be the Last one you pay off. Basically payoff your student loan and put the extra money to the car loan"}
{"_id": "399875", "title": "", "text": "\"The easiest way to find a buyer should be to ask the company to connect you to some of their other shareholders. I imagine they are much more likely to take those shares off you than a random investor on the street. Otherwise, well, talk to people. At a golf club, maybe? :) Valuation is not going to be very straightforward. Basically you'll get whatever someone is willing to pay. That's what FMV means when there's no real \"\"market\"\". Realistically, the price is mainly going to be based on divididend history and the company's assets, discounted for risk and liquidity (you're currently feeling the reason for the latter discount).\""}
{"_id": "399878", "title": "", "text": "This French fries production line is mainly used to process potato crisp with fresh potatoes. If you are intrested with our company's products, or you have any other problems, please feel free to contact me. http://www.friermachinery.com/ Email:ellie@machinehall.com Skype:leo.liufan Whatsapp:+8618595717505"}
{"_id": "399882", "title": "", "text": "If you're doing a little paid work on the side I would think twice about setting up a limited company due to the expense and administrative overhead. A limited company has a couple of benefits (assets and liabilities of the company are separate from your personal assets and liabilities, which I see as a big bonus) but it's not worth it for a few hundred or even a couple of thousand a year. You can get a lot of the tax benefits simply by working as a sole trader (and you'd have to do a tax return every year) as you're still able to deduct any expenditure incurred in the process of your side business from the income and thus lower your taxes on it. You'd also want to make sure that you have a separate bank account for the side business so you don't mix it with your personal accounts (makes it easier to admin). Just keep in mind that this is for expenses wholly incurred in the process of doing business - try to claim on a PC that also doubles as a gaming rig might be an issue :). You're best off discussing this with an accountant who can talk you through the various alternatives and advise if it's worth the headache."}
{"_id": "399885", "title": "", "text": "\"Just as a matter of research, apparently there is a way to find high option volumes such as a site here: https://www.barchart.com/options/volume-leaders/stocks However, that information is going to be heavily skewed by \"\"underlying security that moved a lot more than expected and probably got a lot of positions filled incidentally today\"\", but I think it is a good place to start building up a list of securities with a lot of option interest. There is also a tab there for ETFs. This will not tell you exactly that a particular stock always has high option volume, but most of the ones that show up there repeatedly and across multiple strike prices will meet your criteria.\""}
{"_id": "399888", "title": "", "text": "If you are looking laundry services in Dubai Marina.  Dubai Laundry Services one of the best laundry services. We are professionals in the laundry and dry cleaning business, which means we always stay up to date on the latest technologies, cleaning methods, and solutions for dealing with stains or delicate fabrics."}
{"_id": "399897", "title": "", "text": "He partook in exactly the behavior he condemned in his neighbors, and he managed to live beyond his means as a multimillionaire. It takes a special kind of greed and stupid for that. It doesn't matter what he did 42 years ago it matters what he's doing now, and what he's doing now is fear mongering his own employees so that he doesn't have to pay slightly higher taxes, when he's already admitted that he has all the money he'll ever need. He didn't get successful in a vacuum, he got successful in a system which helped fund his success because 42 years ago the people who were where he is today were taxed more so he could get where he is today. But his opinions aren't what I'm mad about, I'm mad because he is greedy and a bully and a liar and a hypocrite of almost incomprehensible proportions."}
{"_id": "399903", "title": "", "text": "\"I assume that whatever you're holding has lost a considerable amount of its value then? What sort of instrument are we talking about? If the margin call is 14k on something you borrowed against the 6900 you're a bit more leveraged than \"\"just\"\" another 100%. The trading company you're using should be able to tell you exactly what happens if you can't cover the margin call, but my hunch is that selling and taking the cash out ceased to be an option roughly at the time they issued the margin call. Being labelled as a day trader or not most likely did not have anything to do with that margin call - they're normally issued when one or more of your leveraged trades tank and you don't have enough money in the account to cover the shortfall. Not trying to sound patronising but the fact that you needed to ask this question suggests to me that you shouldn't have traded with borrowed money in the first place.\""}
{"_id": "399904", "title": "", "text": "\"Ironically, the worst financial advice I read comes from \"\"bankers.\"\" The top dozen members here can be trusted to give better advice than the average banker.  Your score is not improved by maintaining a balance, only by using the card(s) regularly. No need to carry charges month to month and pay interest, rather, have the bill reflect a 1-9% utilization.  I'd recommend Credit Karma to see how the factors affect your score. FICO scoring prefers to see a large number of accounts, low utilization, high average account age, low number of inquiries, no late payments. CK will let you see a simulated score and how it changes based on these variables.\""}
{"_id": "399907", "title": "", "text": "For immediate availability, by far the fastest (and cheapest) way to get macroeconomic figures as they are released, is by following (verified) Twitter accounts of the respective Central bank and institutions alike. Indeed, Twitter is the new trader tape."}
{"_id": "399915", "title": "", "text": "One of the more frustrating things about plumbers is that they never seem to post rates up on their website and instead make you call them to get a quote.  I HATE that.  If I found a plumber website that gave me a ballpark figure of what I can expect, I would go with this person."}
{"_id": "399917", "title": "", "text": "Every plan administrator has their own procedures for rollovers. In any case, you would start by browsing their website or calling them seeking information on rollover. You will need to arrange it with both your current and prior administrators. Usually the administrator will send the money directly to your current plan provider, keeping you out of the chain and minimizing any risks of tax complications. It may happen, though, that they have to send the check to you. In that case you will have a limited amount of time to provide it to your current plan."}
{"_id": "399928", "title": "", "text": "\"1.)  The US mint is a private business.  There's your first flaw of any argument about currency before we talk further.          2.)  That small percentage value of the penny \"\"not being worth your time\"\" is a huge fallacy.  It might not be worth anything to him, but I generally would be intent on getting a few cents back that are due to me.  Similarly, using his example of 3 cents adding 2 seconds to the transaction ends up at a rate of $54/hr.  That's quite a bit of money to be considered.          3.)  No machines take pennies.  Fair enough.  Not really the fault of the penny itself, but more so a fault of brash inflation.          4.)  Supposing the penny does get removed, the axe gets held above the neck of the nickle inevitably.  Then the dime, and so on.  You'll also see a massive disruption in handling of accounting principles and tax rates due to being forced into /5 rates.  All adjustable, yes, but it does cause a whole new mess of issues in it's own right.          5.)  Lincoln's face has nothing to do with this argument.  25 seconds worth of video wasted (that's about 35 pennies worth).\""}
{"_id": "399931", "title": "", "text": "Nice attempt at trying to obfuscate the math by suggesting your wage was half of what you actually got paid.\u00a0 You were paid $9/hr, not $4.50.\u00a0 Was your CEO spending billions of other people's money playing martian when he could have been paying his employees instead?"}
{"_id": "399932", "title": "", "text": "As a rule of thumb, no.  Only in very rare circumstances will it prove better than a RRSP.  The media has overplayed the usefulness of this account type for retirement savings.  That's just a general rule.  Your specific situation will make a difference but it's very easy to show that RRSPs will always outperform if the marginal rates are lower on withdrawal than when you deduct contributions from income. If you plan to use the money before retirement or you're expecting to collect GIS on retirement then you may need to look at the specifics of your situation.  If you plan to put money in a RRSP and carry forward the deduction to use at a later date then it doesn't matter whether you put it in a RRSP now or use the TFSA and transfer it later. The RRSP also has advantages of some tax treaties and creditor protection.  It (as a RRIF) can also be used after 65 for income splitting and the pension credit. An RESP can also provide a greater return as you get free money, which is always good.  There are many other things you can do with it but I'd say it's always better in a TFSA than paying tax in a regular account.   Since you pay the mortgage with after tax dollars that could be another option for the cash and it's a guaranteed return, albeit small nowadays."}
{"_id": "399936", "title": "", "text": "&gt; They also regularly give interest at about 12% which is good when I read about interest rates in the US being around 7%, but I feel like since this interest is basically announced after 2 years, that 12% isn't as good as it seems.  Interest is likely quoted annually, so it's not 12% for 2 years, but 12% for *each* year invested.  &gt; That basically means that money someone contributed in July 2010 will earn interest 2 years later in 2012! I just feel like that is not how it should be done, but you can correct me if I'm wrong.  Extremely unlikely. It's inefficient and, furthermore, illogical and system-breaking. Under that, money just sits around uselessly wasting away from inflation as opposed to being invested. What is much more likely is immediate or *close* to immediate investment.   Admin costs can be accounted for several ways, but rest assured are almost certainly drawn out in relatively even payments at a set interval."}
{"_id": "399952", "title": "", "text": "You'll still lose a little bit if you buy a put option at the current price.  No such thing as free hedging. Let's say you have 100 shares of IAU that you bought for exactly $12.50 per share.  This is $1,250.  Now let's say you bought a put option with a strike price of $13 that expires in April 2011.  The current price for this option is $1.10 per share, or $110.  You can sell your IAU for $1,300 any time before the expiration date, but this leaves $60 in time value. The price of the options will always have a time component that is a premium on the difference between the current price and the strike price.  (Oh, forgot to add in commissions to this.)"}
{"_id": "399986", "title": "", "text": "Funny, you picked just about the one business that I'm expecting to fall *because* it runs on weak market sentiment.   The moment Uber stops subsidizing their rides it will become far more viable for   localized ridesharing networks to undercut them  and ride the wave of litigation/etc their efforts passed. Not to mention their competition which have much less to pay back to their investors.   Uber users are mostly bellweather fans happy to hop to a new service that undercuts them with no love lost between them and Uber (once they use up any credits/etc they had saved up). Without autonomous, Uber's dead in the water."}
{"_id": "400008", "title": "", "text": "That is why I love these games.  It is the educational experience without the risk.  It forces me to look at what really powers the market and how fickle it truly is, to learn how to read charts and feel the winds of change, without losing real world money in the name of learning."}
{"_id": "400009", "title": "", "text": "Generally speaking, an interest-free loan will be tied to a specific purchase, and the lender will be paid something by the vendor. The only other likely scenario is an introductory offer to try to win longer-term more profitable business, such as an initial interest-free period on a credit card. Banks couldn't make money if all their loans were interest-free, unless they were getting paid by the vendors of whatever was being purchased with the money that was lent."}
{"_id": "400016", "title": "", "text": "While debt increases the likelihood and magnitude of a crash, speculation, excess supply and other market factors can result in crashes without requiring excessive debt. A popular counter example of crashes due to speculation is 16th century Dutch Tulip Mania.  The dot com bubble is a more recent example of a speculative crash. There were debt related issues for some companies and the run ups in stock prices were increased by leveraged traders, but the actual crash was the result of failures of start up companies to produce profits. While all tech stocks fell together, sound companies with products and profits survive today. As for recessions, they are simply periods of time with decreased economic activity. Recessions can be caused by financial crashes, decreased demand following a war, or supply shocks like the oil crisis in the 1970's. In summary, debt is simply a magnifier. It can increase profits just as easily as can increase losses. The real problems with crashes and recessions are often related to unfounded faith in increasing value and unexpected changes in demand."}
{"_id": "400032", "title": "", "text": "Setting aside the fears of hyperinflation and such, do you see a moral hazard with QE and increasing the money supply in general?    I understand that the idea is to stimulate spending with slight inflation (i.e. spend it now while it's worth more), but by doing so, don't you effectively punish savers and thereby undermine their economic autonomy?"}
{"_id": "400040", "title": "", "text": "The Business Process Outsourcing firm benefits the companies by providing the round-the-clock customer support services. Apart from these benefits, the business solutions that will be offered to your customers are best in the industry. This is because the call center representatives hired by the outsourcing firms usually come with years of experience."}
{"_id": "400043", "title": "", "text": "Your credit score can be part of the algorithm for setting your rates for auto insurance. It is one of many factors including sex, age, zip code, driving record, type of car... There are some states that are concerned about using credit scores, some sates have passed legislation regarding this issue"}
{"_id": "400046", "title": "", "text": "You forgot the biggest thing: Japan still controls its own currency and Greece does not.   If you don't control your currency, you have much more limited options when it comes to borrowing money. It is why US states can't borrow a lot of money, they all have to share the US dollar which no one state controls. So states are used to making cutbacks in hard times, but the Eurozone nations have not adopted this mindset.  Greece isn't in trouble because it borrowed too much, it's in trouble because it borrowed so much *and has to share the Euro*. Greece can't inflate its currency, so if they can't make a payment they default, no one wants to lend to a place that might default. If Greece had its own currency still there would be no currency crisis in Europe, just some inflation."}
{"_id": "400070", "title": "", "text": "Fahad, in finance we make a distinction between investments that tend to grow in value and assets that hold value.  Investments that grow in value are generally related to investing in well-thought out businesses.  Investments can be done in retirement accounts through stocks and bonds but also owning part of a business directly.  Good investments make more and more money off the money you put in. Common examples of assets include gold and other non-productive property like real-estate you don't rent or cars.  You can even have some assets in your retirement account as many would argue government bonds behave like assets.  All of these things tend to (more or less) go up in value as the cost of everything goes up in value, but don't tend to make you any excess money in the long run. There is certainly a place for both investments and assets.  Especially as a young person it is good to lean toward investments as you likely have a lot of time for the money to grow as you get older.  As RonJohn suggests, in the United States this is fairly easy as retirement accounts are common there is a long history of stable financial law even in crises.  Pakistan's institutions are fairly stable and improving but still assets and investments of all types can be riskier. So, I recommend taking your father's advice... partially. Having some assets are good in riskier situations, but good investments are generally the way to grow comfortably wealthy.  A good mix of the two is the way to grow wealthy slowly while protecting yourself from risk.  You, your father and your neighbors know you local situation better than I, who has only visited a number of Pakistan's neighboring countries, so I can't really give more detailed advice but hopefully this gets you started."}
{"_id": "400075", "title": "", "text": "&gt;There\u2019s actually no oil in Detroit, but the reluctance of auto executives to pursue higher fuel efficiency standards, imposes billions of dollars of cost on North American companies and car owners.  Millions of barrels of oil could be saved through higher standards."}
{"_id": "400078", "title": "", "text": "An employee can still be fired.   A founder, in a company which took investment unwisely (which sadly is most of them, because it's so freaking complicated), can also be fired.  A founder in a company which took no investment or took investment EXCEEDINGLY carefully, cannot be fired.  That is the difference."}
{"_id": "400083", "title": "", "text": "I don't know that FHA loans have better rates than conventional loans.  I've never heard that and some quick googling didn't yield anything (please correct me if I'm wrong). So if you have the necessary down payment to get a conventional loan, I'm not sure I see any benefit for looking at FHA loans.  I think the only benefit outside of a low down payment is the ability to (possibly) get a loan with a lower credit score."}
{"_id": "400103", "title": "", "text": "Stated preferences vs. revealed preferences.  People say they are willing to buy American, support mom and pop shops, buy higher quality goods, be ethical consumers, etc. until it comes down to actually paying for them, when most people will end up choosing based on price."}
{"_id": "400119", "title": "", "text": "Let me answer with an extreme example - I own the one single share of a company, and it's worth $1M. I issue 9 more shares, and find 9 people willing to pay $1M for each share. I know find my ownership dropped by 90%, and I am now a 10% owner of a business that was valued at $1M but with an additional $9M in the bank for expansion. (Total value now $10M) Obviously, this is a simplistic view, but no simpler than the suggestion that your company would dilute its shares 90% in one transaction."}
{"_id": "400122", "title": "", "text": "Can't say I agree with most of the replies here I'm afraid - I found the insights from books such as Who Moved My Cheese, How to win friends..., Sun Tzu, Jim Collins to be highly limited.   If you need to pick up business basics there simply isn't a better book than The Personal MBA - read it cover to cover and as you come across concepts that are interesting/relevant to what you're doing, research them further. Personal MBA won't give you the depth but gives you great breadth.   You asked specifically about Project Management - I found that an appreciation of the PRINCE2 methodology really helps when planning and managing projects. http://www.prince2.com/what-is-prince2   The official textbooks on Prince2 are overpriced and not as good as others available such as: http://www.amazon.co.uk/Prince2-Study-Guide-David-Hinde/dp/1119970784/ref=sr_1_1?ie=UTF8&amp;qid=1407186842&amp;sr=8-1&amp;keywords=prince2+study+guide   You asked specifically about marketing - but not sure exactly what marketing you're looking at. Personal MBA will give you a great grounding - I particularly like the concept of Permission Marketing explored by Seth Godin. Research how analytics is used in marketing to gain insights about and target customers (the whole growth hacking movement borrows a lot from this) and research the psychology behind marketing (I really liked Thinking Fast and Slow by Kahneman although it isn't specifically about this). This will give you a great grounding in the 'hard' and 'soft' sides of marketing.   Apologies for rambling response - how it was helpful!"}
{"_id": "400133", "title": "", "text": "The unique, single-unit structure of MicroGrid provides many real advantages. First and foremost is its uniformity of electrical conductivity, which surpasses that of discreet metal fiber and wire cloth open materials. Woven wire cloth strands can unravel and contact resistance between the strands can vary. MicroGrid\u2019s unitary solid foil structure offers uniform and better conductivity. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "400142", "title": "", "text": "\"Lets be clear on this, because I think you maybe misrepresenting some of the costs.  Now I'll agree that $20K is an extreme cost, but that is for 10 weeks.  Each of these camps runs a fairly normal rate for summer camp per week ($1417-2350/week)  Considering you have young children living away from their parents, and doing occasionally risky activities.  (food, housing, supervision &amp; INSURANCE)  Most of these camps include: horseback riding, archery, cooking(\"\"knife skills\"\", water skiing) which are extreme insurance hazards I'm sure..  You are looking at $202-336/day.  Try going on a vacation for this.    Now the comments regarding \"\"rustic experience,\"\" \"\"striped down experience,\"\" \"\"small pleasures\"\" are all fucking douchey to be sure, but your disbelief at the costs seems to me that you weren't considering the details and time frames given.    I dont have the money to send my kids away for one of these 7-10 week camps, but lets be clear, I'd spend $202 to send my kids away to camp for a day so I could bang the wife in the kitchen like we used to, and if I was rich I might send them away for 2-3 weeks.\""}
{"_id": "400155", "title": "", "text": "&gt;What we couldn't give less of shit about and what would get you laughed out of a conference call: the person's life circumstances, their heating bill, their three kids, or anything not strictly related to their role.  You don't give a shit about stressful conditions the employee may be in that strongly affect their ability and/or willingness to perform their role well?  You're an idiot."}
{"_id": "400163", "title": "", "text": "As the US and Israeli products, especially their beverages and food outlets of popular brands, face the heat following unprecedented boycott calls emanating from almost every corner of the world to protest the Zionist state\u2019s brutal killings in Gaza, local Indian brands offering same range of products are not only registering huge gains at home but their export inquiries too are showing a surprise and pleasant rise."}
{"_id": "400183", "title": "", "text": "First of all, I didn't say anything about Bitcoin - nothing I said was even related to Bitcoin but rather the inherent value of the market beyond a cryptocurrency.  This market is at the beginning stages right now, so of course you are going to have schemes and scammers, why wouldn't you? The established financial market as it stands today has been around for a while and still has schemes and scammers. Wherever there is money, specifically copious amounts of money, you will have people trying to game the system or pull the wool over other people's eyes. Sometimes in life, the sheep get slaughtered, so I am not really sure why certain people losing their ass in crypto could be considered different from people losing their ass in other financial instruments. You ever been to /r/wallstreetbets?  Your basic view is more than likely developed from what you are reading in main stream outlets, which is why I encouraged you to go beyond what you are reading in the easily accessible, and often way behind and misinformed, news sources and go straight to the updated and credible sources, usually from the developers themselves.  ICOs alone have proven themselves to be a new and revolutionary capital raising instrument. It makes sense that traditional and conservative finance communities would be opposed to it because it disrupts their ecosystem and gives not only very new companies, but non-accredited investors an opportunity to participate. When major VCs are able to look at ICOs, which are in direct competition to their industry and purpose, and say to themselves wow, what an innovative way to raise capital - that's a big deal.  Regarding anonymity, the purpose of most cryptocurrencies and protocols isn't focused on that, it is usually a side effect of the decentralization of the ecosystem in general. Bitcoin isn't even a top coin for anonymity, which is again why I suggested you research the industry.  Several projects are being launched and have been launched that will help revolutionize certain areas of the web, ranging from predictive markets with projects like Augur and Gnosis, to the Golem Network which taps into idle computer time for users that need additional computing power. Even something like Steem which is essentially a social platform similar to reddit which utilizes its own token system so content creators within the ecosystem can receive monetary payment for their time and contribution to the site and the community from other users. Imagine instead of an upvote, you received money.  To reiterate, we are at the beginning stages of seeing what is to come in the space. Many of these projects will fail, and many new ones will launch. As blockchain technology continues to grow not only individually, but in tandem with the IoT industry, there are scenarios where machines are interacting, bartering, and negotiating with each other, without human interaction or intervention, to agree on payments for products and services and then conducting said payments."}
{"_id": "400196", "title": "", "text": "Almost all major no-load mutual fund families allow you to do the kind of thing you are talking about, however you may need an initial investment of between $1000 to $3000 depending on the fund.  Once you have it however, annual fee's are usually very little, and the fees to buy that companies funds are usually zero if it's a no-load company (Vanguard, TRowPrice, etc)  With the larger companies that means you have a pretty large selection of funds, but generally EACH fund has a minimum initial purchase, once that's met then you can buy additional amounts in small quantities without a problem. For someone on a smaller budget, many low cost brokers (ETrade as mentioned by Litteadv, Scottrade as mentioned by myself in another similar question today) allow you to start with smaller initial balances and have a small selection of funds or ETF's that you can trade from without commission.  In the case of Scottrade, they have like 15 ETF's that you can trade comission free.  Check with the various low cost brokerages such as ETrade, Scottrade, and TDAmeritrade, to see what their policies are, and what if any funds/ETF's they allow you to trade in without commissions. Keep in mind that for Mutual funds, there may still be a fund minimum initial investment that applies, be sure to check if that is the case or not.  The lack of any minimum investment makes ETF's a slightly more attractive option for someone who doesn't have the 'buy in' that many funds require."}
{"_id": "400202", "title": "", "text": "\"If you look around online and read about credit scores, you'll find all kinds of information about what you should do to maximize your credit score.  However, in my opinion, it just isn't worth rearranging your life just to try to achieve some arbitrary score.  If you pay your bills on time and are regularly using a credit card, your score will take care of itself. Yes, you can cut up the card you don't like and keep the credit card account open.  The bank may close your account at some point in the future because of a lack of activity, but if they do, don't worry about it.  You have other accounts that you are using.  Personally, I don't like having open credit accounts that I'm not using; I close accounts when I'm done with them.  I realize that it goes against everything that you will read, but my score is very high and my oldest open credit card account is 2 years old.  Don't let them scare you into credit activity that you don't want just to try to \"\"win\"\" at the credit score.\""}
{"_id": "400230", "title": "", "text": "\"IANAL, but. As you note, when you open a new account, they give you temporary checks that are usually blank in the upper left. I've used such checks and the bank has honored them. Therefore, I conclude that there must not be any legal requirement for anything to appear there, nor does the bank require it. Businesses are often reluctant to accept such temporary checks, for the obvious reason that anyone could go to the bank, open an account with $10, write checks for thousands of dollars, and disappear. At least if they've waited long enough to get the permanent checks in, there's some reason to believe that they plan to stick around.  In any case, it's not clear what you are trying to accomplish. You want to hand-write either your business name or your personal name depending on whether the check is for personal or business purposes? I don't see what that gains. You could always use a personal check for business purposes. If you're afraid someone will say, \"\"Hey, that doesn't look very professional, what kind of fly-by-night company is this that uses personal checks?\"\", surely a hand-written company name would look even less professional. Why not just open a business account and have your personal checks printed with your personal name and your business checks with your business name? I don't know where you live, but I have a business account on which I pay zero fees. The only cost is getting checks printed. There's the small hassle of having to make one trip to the bank to open the account. Well, the biggest hassle I have is that the bank won't let me transfer money between my personal and business accounts over the Internet, so I have to either go to the bank to move money back and forth, or I have to write a check from one account to the other and deposit through an ATM.\""}
{"_id": "400231", "title": "", "text": "\"So let's say, as a counterfactual, that Obama did not bail out the banks: what would happen? The world economy would have collapsed. Every creditor and their funds to endless bankruptcy stays. All credit would have been frozen. No businesses would have been able to pay off their loans or pay their employees' salaries. The banks, sadly, were too big to fail because everyone and everything depended on them for funding. The issue is not the bailout, but the activites of the banks that forced the bailout. This is why all of the current legislative schemes being put into operation are looking at way to limit systemic risk to both prevent future catastophic bankruptcies and limit their impact on the credit markets.   As a last note: notice how inflation did not significantly increase since the bailout, despite Bernanke printing trillions of dollars. Cleary, \"\"printing money\"\" has not caused harm in and of itself. Its only harm is reinforcing the too big to fail mentality. This can be cured, but by not bailing out the banks, we would have seen a catastophic collapse.\""}
{"_id": "400247", "title": "", "text": "DJ is one of the most popular requests as you need a good DJ for your special party and events. We provide the best disco's and partying equipment service, including mobile disco\u2019s and karaoke\u2019s for clubs, pubs, and many special events from 25 years. If you want to Disco equipment hire in Northampton, then you can visit our site. Our company has a team of creative and professional entertainers."}
{"_id": "400271", "title": "", "text": "\"Let's say you should have paid $4000 in taxes in a year, but you paid $5000, so you get a tax return of $1000. \"\"Somebody\"\" thinks that you should have tried to only pay $4000 in the year and get zero tax return. I hope he or she doesn't think you should pay $5000 and mess up your tax return so you get no refund.  Once the end of the tax year is there, you should do what you can to get as much tax returned as possible. On the other hand, you should also have tried to pay less during the year - obviously every dollar you paid less is a dollar less refund.\""}
{"_id": "400283", "title": "", "text": "There are many moneylenders in Singapore, it is hard to decide which money lender you should approach or turn to for a loan. Thus, Legal Loan Singapore is here to provide you with reviews on money lenders in Singapore. This will help you to decide better which money lender you can count on. You can call them at +65 6871 4268 if you have any questions.  For more details visit us at : https://www.legalloansingapore.com/best-moneylender-review/"}
{"_id": "400288", "title": "", "text": "Tax-free money funds invest in municipal bonds, so you'll want to factor in the likelihood that the issuing government (state, local, etc.) will stiff its bondholders."}
{"_id": "400291", "title": "", "text": "\"An accounting general ledger is based on tracking your actual assets, liabilities, expenses, and income, and Gnucash is first and foremost a general ledger program. While it has some simple \"\"budgeting\"\" capabilities, they're primarily based around reporting how close your actual expenses were to a planned budget, not around forecasting eventual cash flow or \"\"saving\"\" a portion of assets for particular purposes. I think the closest concept to what you're trying to do is that you want to take your \"\"real\"\" Checking account, and segment it into portions. You could use something like this as an Account Hierarchy: The total in the \"\"Checking Account\"\" parent represents your actual amount of money that you might reconcile with your bank, but you have it allocated in your accounting in various ways. You may have deposits usually go into the \"\"Available funds\"\" subaccount, but when you want to save some money you transfer from that into a Savings subaccount. You could include that transfer as an additional split when you buy something, such as transferring $50 from Assets:Checking Account:Available Funds sending $45 to Expenses:Groceries and $5 to Assets:Checking Account:Long-term Savings. This can make it a little more annoying to reconcile your accounts (you need to use the \"\"Include Subaccounts\"\" checkbox), and I'm not sure how well it'd work if you ever imported transaction files from your bank. Another option may be to track your budgeting (which answers \"\"How much am I allowed to spend on X right now?\"\") separately from your accounting (which only answers \"\"How much have I spent on X in the past?\"\" and \"\"How much do I own right now?\"\"), using a different application or spreadsheet. Using Gnucash to track \"\"budget envelopes\"\" is kind of twisting it in a way it's not really designed for, though it may work well enough for what you're looking for.\""}
{"_id": "400295", "title": "", "text": "25 credit-hours=60+ hours of class time    5 classes. 4 hour class sessions (typically, sciences were usually 5) meeting 3 times a week. Two classes was considered full time. Like I said, I finished a four year degree in two. Most of my classmates are just about to graduate and I've been working for two years."}
{"_id": "400319", "title": "", "text": "Especially because rather than fix true trade deficits (like the US has with China) Trump and his cronies are lying to the public about NAFTA.     U.S. Trade Representative Robert Lighthizer said publically that the he has to fix the draft deficit with Canada yesterday (or was ~~tit~~ it the day before?). The US has a trade SURPLUS with Canada.        So he's either lying or he's an idiot. Not sure which is worse."}
{"_id": "400320", "title": "", "text": "Really though, anyone who bought crypto as an alternative to fiat bought long ago and have profited massively off this hype.  All the bag holders are the novice investors trying to jump in on a gold mine that's already been milked dry."}
{"_id": "400332", "title": "", "text": "Really?  His desire for food makes him no more willing to pay?  I doubt that will hold any further than a test environment.  If he was starving and only had a little cash, I could see he would have less desire to pay.  But when he has wealth and is starving, stubbornness may be the only holdback.  How many people charge more for water because their oasis is the only one around?  You think the travelers they see won\u2019t ever pay?  They may not WANT to, but they will if they have no other choice.  The value is immediate.    Unless you are thinking of some other sort of pseudo value, value is what you are willing to give for what you will get at any particular point in time.  A man dying of dehydration may give much more than a man sated.  Once the first man is sated, what he would probably give is less.    This is called \u201cDiminishing Marginal Utility\u201d."}
{"_id": "400342", "title": "", "text": "[Here's a link to the actual paper](https://eml.berkeley.edu/~saez/Piketty-Saez-ZucmanNBER16.pdf)  Something I found interesting from it:  &gt;Third, we find that the upsurge of top incomes has mostly been a capital-driven phenomenon since the late 1990s. There is a widespread view that rising income inequality mostly owes to booming wages at the top end, i.e., a rise of the \u201cworking rich.\u201d Our results confirm that this view is correct from the 1970s to the 1990s. But in contrast to earlier decades, the increase in income concentration over the last fifteen years owes to a boom in the income from equity and bonds at the top. The working rich are either turning into or being replaced by rentiers. Top earners became younger in the 1980s and 1990s but have been growing older since then."}
{"_id": "400343", "title": "", "text": "\"I'm a visual person so the idea of a 30 year mortgage didn't make much sense to me until I could see it  This isn't exact but it's pretty close. The green Interest lines represent the money you're giving to the bank as a \"\"thank you\"\" for lending you a large amount of cash up front. As you've already figured out, that's at least the same amount as the price of the home! As much down-payment as is reasonable. Keep one eye on beating the interest Best of luck!\""}
{"_id": "400356", "title": "", "text": "\"Your funds are in a retirement account.  Withdrawals from your IRA will be penalized if you withdraw before you turn 59.5 years old, and you appear to be decades away from that age. The general advice I would give you is to pick a \"\"target year fund\"\" that targets the year you turn 59.5.  The stock market is more volatile, but its average gains will protect you from inflation just eating your funds.  Bonds are in counterpoint to your stocks - more stable, and protecting you from the chance that stocks dip right before you want to withdraw. Target year funds start with higher amounts of stock, and gradually rebalance towards bonds over time.  Thus, you take your market risks earlier while you can benefit from the market's gains, and then have stability when you actually would want to retire and depend on the savings.\""}
{"_id": "400369", "title": "", "text": "What would they be trying to predict?  The value YNAB and Mint provide is objective truth about what you've spent. They can force you to think about the tradeoffs inherent in budgeting by showing that you've overspent one category, and making you decide where to find the money to cover it. They can call your attention to a credit card swipe that's larger than you intended, to a subscription you didn't intend to keep, etc. by just generally getting you to read and think about your transaction history and the sums of transactions per category and overall. Prediction doesn't really enter into it. One way to understand Mint's business model is as a service that collects training data for machine learning models that do try to predict things, such as how stock prices will move or whether users will click on certain ads."}
{"_id": "400380", "title": "", "text": "Ahh... Well I joined twitter when they first started (mid 2003 or 2004?), and handles like @john were available. Annoyed with myself I didn't bother to snag any actually, could have made a mint. But that said, I still use it today and I've never noticed a single ad. Facebook in the other hand, is teaming with ads - some I even *want* to click on. So I guess that should still answer the question. Unless McDonalds is going to start sending me private messages to get my attention?"}
{"_id": "400384", "title": "", "text": "Buying properties in another country has never been easier thanks to Keyholders International Property Group. With a wide range of properties in different countries such as Turkey and Spain, you can easily get a relaxing house of your choice through their help. What are you waiting for? Log on to their website at keyholdersinternational.com and start browsing their complete list of available properties!"}
{"_id": "400395", "title": "", "text": "It's true, Detroit schools are a patchwork of expensive charter schools and failing public schools. But the surrounding metro area has nationally recognized public schools.   Changing Detroit's public schools from bad back to quality is going to be very hard, and will take time. But investments are being made ($200 million in private donations just two weeks ago, to name one example) to improve education, particularly in employable computer science skills. But there is still a lot of work to be done, absolutely."}
{"_id": "400396", "title": "", "text": "I used to think this exact same way. But there are something that transcend general topics and are common throughout every part of life just due to general human nature. You may be surprised in how you can draw parallels from these fiction books to the real world including finance."}
{"_id": "400401", "title": "", "text": "\"You're not \"\"encouraging thought\"\", you're patronizing me and calling the ideology I have chosen \"\"anti-human\"\". What is there to debate if you already have decided that socialism is anti-human? The issue here is that you don't understand socialism, while I do understand laissez-faire capitalism and disregarded it as something I would stand for.  There are plenty of \"\"objective conclusions\"\" drawn by Marx, but somehow I get the feeling you haven't actually read much of Marx since you probably feel that you already know what socialism is all about anyway.  Let's just both save some time and skip debating this at all, because I'm not in the mood for more patronizing.\""}
{"_id": "400412", "title": "", "text": "Not on board.  We've gotten this far without making it a regulated monopoly.  Not sure why it's important to do so going forward.  It's a two-way debate.  I'm generally a political progressive, but I'm happy to say that the cards are stacked against you on this particular issue.  Sorry you aren't on board."}
{"_id": "400419", "title": "", "text": "\"Note that the quote distinguishes between \"\"all families\"\" and \"\"families with some savings\"\" - this just means there are so many families with less than 5k that they equal all those with savings above 5k. That might be because they are young and haven't started yet, or because it is just not a priority for them compared to food and rent. Nothing about the quote suggests that anyone believes once you've saved 5k, you're done. In fact since they show savings vs age, you can immediately see many people still have decades to save more. They may have 5k or less now, but they're not retiring now. How do you survive if you get to 65 and have nothing saved? There is some government money (social security) and many people sell their houses or get a reverse mortgage. Having equity in a house is not the same as having savings. And some older people live very frugally - they stop buying clothes, they stop redecorating their houses - while others live in flat out poverty. But you can't tell if that is their future from the fact they only had 5k saved when they were 32.\""}
{"_id": "400440", "title": "", "text": "\"I've seen some Chipotles where you can see the McDonald's ownership coming through in a big way. Some of their employees just have a massive case of \"\"don't give a fucks\"\" that's usually not the type of people you want handling raw chicken.\""}
{"_id": "400442", "title": "", "text": "\"I know a fellow who has spent a few decades coaching large WMs at many major firms, and who has been extremely successful for them.  This \"\"destination vacation\"\" format referral development has been very successful - invite one of your whales on a genuine getaway (not just a golf outing, but rather, a private jet to a deep sea fishing weekend, or as close to that as you can get in your budget), and ask him to bring a few friends.\""}
{"_id": "400447", "title": "", "text": "\"It's probably a scam or maybe some amateur agency trying to put pressure on their target. Normal garnishment goes through the court system. Just ignore it. Tell your employer they obviously have the wrong person since the SS is wrong.  Suing clowns like this is not worth it. Just to clarify this some more for you: Trying to collect on a random person with the same name is called \"\"tagging\"\" in the collection industry. Before 2010 it was common because it was actually easier to legally bully the wrong person (who had money) than the right person who does not have money. That was then, this is now. Various federal and state laws have been passed since that time to prevent identity theft and these laws create big liabilities for debt collectors that try to bully the wrong person. Therefore, it rarely happens anymore, though of course sometimes agencies will still call you if they think they have a soft target. That's what the call to your employer is, just a test. A pro collector (like a law firm) would never call an employer, because they could get sued for doing that, but some amateur working out of his basement might. That's what you are dealing with: some joker in a basement. Such people never sue, they just buy old debt for pennies on the dollar and try random harassing phone calls. Ignore it and he will move on to the next \"\"John Smith\"\" on his list. A lot of lawyers will advise you to \"\"talk\"\" to the collector, correcting their misinformation, blah blah. Lawyers like talking, because the more talk there is, the more money they make. In the real legal world: never talk to your enemy or give them information. The way real courts and judges work is that they don't like plaintiffs who sue the wrong person. In fact, they do not like it VERY MUCH. Very bad things happen in courtrooms to people who sue the wrong person. Judges have VERY short patience in general and they DO NOT LIKE IT when somebody wastes their time by suing the wrong person. Basically what this means is: ignore the guy and he will go away.\""}
{"_id": "400449", "title": "", "text": "\"I am a realtor. When I am approached directly by a buyer, it's their choice to bring their own agent, come unrepresented, or buy through us via disclosed dual agency. With no buyer agent, my office and I get the full commission. The seller has already agreed to a fixed percent of the sale price. How does it benefit me to agree to this?  Update From all the comments below, I'll add this. The Realtor site (country-wide) states  \"\"A real estate professional can also agree to rebate a portion of   his/her commission to a consumer.  However, note that some states do   have laws prohibiting the payments of rebates to unlicensed   individuals, and so this would not be legal in those jurisdictions.\"\" So far, so good. My own state, Massachusetts, says Inducements or rebates to the seller or buyer are permissible given   that the seller or buyer in the transaction is a principal and is not   required to be licensed as a broker. Brokers are, by definition,   agents for either the seller or buyer. Consequently, using inducements   to attract listings or giving incentives such as rebates for those who   purchase a listed property do not violate the prohibition on sharing   valuable consideration with those who are brokering without the   benefit of a license. The sellers and buyers in purchase and sale   transactions are not acting for anyone else and, therefore, are not   brokering. Indeed, it is their broker who acts on their behalf. Thus, in my state, what OP asks for is legal, and a matter of whether or not either broker wishes to participate. If another member wishes to research NY laws, that would be great.\""}
{"_id": "400495", "title": "", "text": "In general, all income is taxable, regardless of the source. If you living in the U.S. -- I don't think you said anywhere where you live -- then if you are donating this money to charity, you would have to declare the income, and then declare a deduction for the charitable contribution. At that point the two would cancel out and the net result is that you wouldn't have to pay any tax on the income, but you can't just leave it off your tax return. Well, even if you donated all of it to charity to that you don't have to pay income taxes on it, you would still have to pay social security taxes, and it would still affect your social security benefits when you retire. If you're saying that the organization receiving the money is itself a charity, as opposed to donating the money to some other organization that is a charity, than you usually have to be registered as a charity with the IRS to avoid income taxes. There are still forms to file to report the income, but you wouldn't have to pay taxes. There are some exceptions to the requirement to register, basically if your organization is very small and for certain religious organizations."}
{"_id": "400497", "title": "", "text": "Shares often come associated with a set of rights, such as ability to vote in the outcome of the company. Some shares do not have this right, however. With your ability to vote in the outcome of the company, you could help dictate that the company paid dividends at a point in time. Or many other varieties of outcomes. Also, if there were any liquidity events due to demand of the shares, this is typically at a much higher price than the shares are now when the company is private/closely held."}
{"_id": "400500", "title": "", "text": "Where is the money coming from? If you already have the money (inheritance, gifts or similar) sitting in your account, you can just buy e.g. index funds from Vanguard, Robinhood or other low-cost brokerages. But first you should estimate how much money you need for your studies - it is a bit of a gamble to invest money that you'll need to withdraw in a few years time. Even though the average return may be quite high (12% sounds like an overestimate, more commonly quoted figure is 7%), over short timespans your stocks will go up and down randomly. Once you actually have a job and have income from it, then the 401k and IRA and similar retirement accounts start to make sense. There is no need to have all your savings in the same account, so you can start saving now already."}
{"_id": "400503", "title": "", "text": "i think emergency fund should be in a more liquid account (like regular saving or money market) so you can withdraw money any time, while your regular saving can be tied up in a long term CD, bond or an investment account."}
{"_id": "400515", "title": "", "text": "I would behave exactly as I would expect it from others. If you were the one giving away too many points by accident you would be thankful if somebody notifies you about this error. You can write a letter or call them. I would not use the points (of course only not use the points which are added in error). Other options are possible but I would advise against them. It's just about fair play and the points are clearly not yours."}
{"_id": "400532", "title": "", "text": "\"Generally not.  Since authorized user cards are the same account and the difference between the two (the original and the AU card) are minimal. Note, there's nothing technically stopping banks from offering this as a feature, two cards do have identifiers that indicate they're separate cards, but the banks concern for your needs stops at how much they can bleed from you, and \"\"helping you control your spending\"\" is not part of that.\""}
{"_id": "400540", "title": "", "text": "Most investors vote with their wallets. I expect ZERO glitches from a trading platform. If someone was actually causing trades to fail maliciously, their reputation would immediately suffer and their business would dry up over night.  You can't just play dumb and not respond to a button click. I can watch and replay the traffic I'm sending out to their server and see if they are responding to verify this. If their system goes down and has no redundancy, that is their fault and opens them to lawsuits. No trading platform could withstand scrutiny from its users if it was dishonest in the scenario you imagine."}
{"_id": "400567", "title": "", "text": "If it's either/or, I'd pay down the mortgage, no question. I know I'm in the minority, but I'm not a fan of tax-advantaged retirement accounts.  There are too many things that can change between now and the next 30 years (the time frame that you'll be able to withdraw from your IRA account without penalty).  The rules governing these accounts can change at any time, and I don't think they'll be changes for the better. Putting the money toward your mortgage will relieve you of that monthly payment faster.  The benefits of IRAs come retirement age are too uncertain for my taste."}
{"_id": "400568", "title": "", "text": "And it all depends what you are advertising. We target business owners and startups. I have yet to see a millennial as a client of ours.   Our CFO also pointed out some research found on LinkedIn pitying millenials unable to afford housing. Their age and choice living with parents is much larger by contrast, compared with previous generations. Many millenials wont pay rent, not because they can't, but they blow that money elsewhere for example on entertainment, electronic, or food they like as opposed to cooking, etc. so of course they can't. They learn their financial advice from each other. In some cases their word of mouth interaction with each other is depriving them more than the boomer paranoia spread has deprived baby boomers from taking certain risks."}
{"_id": "400571", "title": "", "text": "Fractional shares don't occur from Dividend Reinvestment Programs - residual credit is carried over until there is enough to purchase a whole share."}
{"_id": "400584", "title": "", "text": "Cada uno de ellos necesita una consideraci\u00f3n personalizada, y es aqu\u00ed donde se separa padilla-bujalil. Tenemos amplia experiencia en la administraci\u00f3n de compra, venta y arrendamiento de propiedades de lujo casas, villas, pisos y apartamentos. Por lo tanto, le ofrecemos nuestro experto inmobiliaria tierras beneficios juntos vamos a descubrir la casa que est\u00e1 buscando. La confianza y el cumplimiento de nuestros clientes es nuestra mejor garant\u00eda. La compra, trato o arrendamiento de una casa, se\u00f1or\u00edo o nivel es debido a diferentes causas de especulaci\u00f3n, fantas\u00eda, requieren."}
{"_id": "400605", "title": "", "text": "\"&gt; Kenyes wrote explicitly about deficit spending, and the repayment of those deficits. The denomination of the currency, floating or otherwise, is besides the point.  It's not at all besides the point.  A government can run out of gold. It cannot run out of its own free-floating currency. When it comes to borrowing, whether or not you can be unable to service that debt is **very** relevant to how much interest you pay.  As Japan cannot run out of yen, Japan can borrow yen very cheaply - despite books that don't make a lick of sense if evaluated like a business.  Because the US government cannot run out of USD, the US government can borrow USD very cheaply - even if there isn't any credible plan to \"\"pay down the debt\"\". Lenders quite simply don't consider the US's revenue/expenditure before loaning the government USD, for if you're not willing to loan USD to the guys that issue it, what *are* you going to be willing to do with it?\""}
{"_id": "400614", "title": "", "text": "You have to look at stocks just like you would look at smaller and more illiquid markets. Stock trade in auction markets. These are analogous to ebay or craigslist, just with more transparency and liquidity. There is no guarantee that a market will form for a particular stock, or that it will sustain.  When a stock sells off, and there are no bids left, that means all of the existing bidder's limit orders got filled because someone sold at those prices. There is nothing fishy about that. It is likely that someone else wants to sell even more, but couldn't find any more bidders. If you put a bid you would likely get filled by the shareholder with a massive position looking for liquidity. You could also buy at the ask."}
{"_id": "400620", "title": "", "text": "\"Let's say you see a caf\u00e9. You're looking to buy a caf\u00e9 so you walk into one and ask the manager how much profit he makes in a year. He says $N and you walk out and think to yourself, \"\"I'd be willing to pay $500,000 for this caf\u00e9.\"\" You arrange to meet again to discuss purchasing the business (and he's looking for someone to purchase it).  You go into the store again the following day and the manager says, \"\"Sorry, I told you we make $N. I've checked the numbers and it's actually only $0.8N (20% lower than what you thought).\"\" Are you still willing to buy the caf\u00e9 for $500,000 as well? No, of course you're not.  I think that this is a sufficient analogy to public companies.\""}
{"_id": "400624", "title": "", "text": "I never understand the mindset of infrastructure being paid for through private investment. On a municipal level it makes sense that development fees can help a city pay to replace a bridge that leads to the development or put in some new parks, but considering that infrastructure like rail lines and dams are the big concern, I don't really see private entities taking a big interest in them. It would've really helped Houston if private investment was funnelled into stormwater management while developing into a major suburban centre. Based on the evidence shown, those private investors didn't have major concerns for improving the city's infrastructure and just did what they had to in order to be allowed to put in their development.  Infrastructure belongs in the public sphere. Things like rail, highways, dams and coastal protection are in the public's best interest. What does a businessman have to gain by paying to electrify a rail line or put in new traffic signals at an intersection?"}
{"_id": "400629", "title": "", "text": "Slippage is tied to volatility, so when volatility increases the spread will also increase. There is no perfect formula to figure out slippage but from observations, it might make sense to look at the bar size in relation to previous bars to determine slippage (assuming fixed periods). This is because when there is a sudden spike in price, it's usually due to stop order triggering or a news event and those will increase the volatility dramatically in seconds."}
{"_id": "400631", "title": "", "text": "\"Be mindful of your reporting requirements. Besides checking the box on Schedule B of your 1040 that you have a foreign bank account, you also need to file a TD F 90-22.1 FBAR report for any year that the total of all foreign bank accounts reaches a value of $10,000 at any time during the year. This is filed separately from your 1040 by June 30 of the following year. Penalties for violating this reporting requirement are draconian, in some cases exceeding the amount of money in the foreign bank account. This penalty has been levied on people who have been reporting and paying tax on the interest on their foreign bank accounts, and merely neglected this separate report filing. Article on the \"\"shoot the jaywalker\"\" punitive enforcement policy. http://www.rothcpa.com/archives/006866.php Mariette IRS Circular 230 Notice: Please note that any tax advice contained in this communication is not intended to be used, and cannot be used, by anyone to avoid penalties that may be imposed under federal tax law. EDITED TO ADD\""}
{"_id": "400641", "title": "", "text": "I agree with the comments so far. Access doesn't equal ownership. There are also different levels of access. E.g. your financial advisor can have access to your retirement account via power of attorney, but only ability to add or change things, not withdraw. Another consideration is when a creditor tries to garnish wages / bank accounts, it needs to find the accounts first. This could be done by running a credit report via SSN. My guess is an account with access-only rights won't show up on such a report. I suppose the court could subpoena bank information. But I'm not an attorney so please check with a professional."}
{"_id": "400643", "title": "", "text": "Deming Electro Plating Corporation provides high quality electroplating services in NY. We provide Gold, silver, Nickel, Copper, Chrome, Zinc electroplating to a wide range of industries. We use highest quality materials to provide top notch electroplating and have the fastest turnaround in NY. We can handle all types of electroplating requirements whether small or big. Our prices are quite reasonable too."}
{"_id": "400644", "title": "", "text": "In the real world, there are only two times you'll see that 5% become worth anything - ie, something you can exchange for cash - 1) if another company buys them; (2) if they go public. If neither of these things happen, you cannot do anything with the stock or stock options that you own."}
{"_id": "400646", "title": "", "text": "\"Can it be so that these low-interest rates cause investors to take greater risk to get a decent return?  With interest rates being as low as they are, there is little to no risk in banking; especially after Dodd-Frank. \"\"Risk\"\" is just a fancy word for \"\"Will I make money in the near/ long future.\"\" No one knows what the actual risk is (unless you can see into the future.) But there are ways to mitigate it. So, arguably, the best way to make money is the stock market, not in banking.  There is a great misallocation of resources which at some point will show itself and cause tremendous losses, even maybe cause a new financial crisis? A financial crisis is backed on a believed-to-be strong investment that goes belly-up.  \"\"Tremendous Losses\"\" is a rather grand term with no merit. Banks are not purposely keeping interest rates low to cause a financial crisis.  As the central banks have kept interest rates extremely low for a decade, even negative, this affects how much we save and borrow. The biggest point here is to know one thing: bonds. Bonds affect all things from municipalities, construction, to pensions. If interest rates increased currently, the current rate of bonds would drop vastly and actually cause a financial crisis (in the U.S.) due to millions of older persons relying on bonds as sources of income.\""}
{"_id": "400647", "title": "", "text": "\"This link:  http://www.ifs.org.uk/fs/articles/ewgm_feb93.pdf (from 1996, describing the proposals for the change) seems to answer the question in its description of \"\"the current system\"\" - they had to file business accounts and it was calculated by the Inland Revenue from that.\""}
{"_id": "400665", "title": "", "text": "\"That's the fault of the consumer misunderstanding then. Again, there is an ingredient listing that makes it clear that there are other ingredients present. That's laziness on the part of the consumer.    Though actually, there are minimums to claim \"\"made with...\"\" A drop of grape juice would not be sufficient to claim \"\"made with 100% grape juice.\"\" Some of those limits seem arbitrary to me, but they are there.\""}
{"_id": "400669", "title": "", "text": "Businesses you are already established with may do a soft pull to pre-qualify you for an offer.  They store the information and if you accept, may instantly setup and account.  You may also see language to the effect that they may do an inquiry (hard pull) - I guess if their data is old.  When you went outside of Amazon to Chase, they did a hard pull on their side which is what you saw."}
{"_id": "400713", "title": "", "text": "\"I actually tend to disagree.  This was one of the most watched IPOs in history.  Facebook would have benefited greatly from a pop.  People would have thought \"\"wow, they really can do no wrong\"\".  Instead there are endless negative articles about how this is a horrible failure.  Sure, financially savvy people look at this and think FB did a beautiful job.  They maximized their take from the IPO.  But the price of the bad press can't be accurately measured.  The benefit in terms of publicity of being seen as a stock/company on the move UP is hard to measure too.  Suppose they had priced it at $25 and limited the number of shares they would have gotten less money but they'd also be looking at a massively successful pop on their share price.  The halo effect on their business of THAT reality seems to me to have had the potential to be significant.  So I'm not so sure, in the long term, whether it would have made more sense for them to get less money up front and get a successful IPO rather than go for the max dollars and have a PR disaster.  I think the way things turned out made FB go from an unstoppable juggernaut into a company that can fail just like any other.\""}
{"_id": "400714", "title": "", "text": "First, congratulations on even thinking about investing while you are still young!  Before you start investing, I'd suggest you pay off your cc balance if you have any.  The logic is simple: if you invest and make say 8% in the market but keep paying 14% on your cc balance, you aren't really saving. Have a good supply of emergency fund that is liquid (high yielding savings bank like a credit union. I can recommend Alliant).   Start small with investing.  Educate yourself on the markets before getting in. Ignorance can be expensive. Learn about IRA (opening an IRA and investing in the markets have (good)tax implications. I didn't do this when I was young and I regret that now) Learn what is 'wash sales' and 'tax loss harvesting' before putting money in the market. Don't start out by investing in individual stocks. Learn about indexing. What I've give you are pointers.  Google  (shameless plug: you can read my blog, where I do touch upon most of these topics) for the terms I've mentioned.  That'll steer you in the right direction. Good luck and stay prosperous!"}
{"_id": "400716", "title": "", "text": "Android O has been the talk of the town since March. Ever since the release of alpha version, many have been curious about what Google is going to name the new treat. Since the Google developer preview version 3 has rolled out this month. Read more."}
{"_id": "400730", "title": "", "text": "Yes. As long as the stock is in a taxable account (i.e. not a tax deferred retirement account) you'll pay gain on the profit regardless of subsequent purchases.  If the sale is a loss, however, you'll risk delaying the claim for the loss if you repurchase identical shares within 30 days of that sale. This is called a wash sale."}
{"_id": "400736", "title": "", "text": "California is great for everything except tax environment. That being said I wonder how far backwards they'll bend when in reality HQ2 could surpass Seattle meaning a city inside CA would house an eventual trillion dollar company. Amazon may not be first but they're all but guaranteed to reach 1T in market cap."}
{"_id": "400738", "title": "", "text": "Capital surplus is used to account for that amount which a firm raises in excess of the par value (nominal value) of the shares (common stock).. Investopedia has a much simpler answer. Somebody has tried to be smart on wikipedia and have done the calculations without much explanation. The portion of the surplus of a business arising from sources other than earnings :  all surplus other than earned surplus usually including amounts received from sale or exchange of capital stock in excess of par or stated value, profits on resale of treasury stock, donations to capital by stockholders or others, or increment arising from revaluation of fixed or other assets The number of shares a company wants to issue is decided and agreed with the regulators. They decide the par value and then decide how much premium will be charged, extra money above the par value. Take out any RHP of an issue and you find all these details. Par Value = 1  Issue price(Price at which investors buy) = 10 Premium = 9 For a single share the capital surplus is 9, multiply it by the number of shares issued and you have the total capital surplus."}
{"_id": "400747", "title": "", "text": "The changes to Equity given are: Since the total change is 42,500, the difference would be change in Retained Earnings (net income), so net income is"}
{"_id": "400751", "title": "", "text": "You need experience. Work in retail, hopefully to some sort of managerial level where you get to see behind the scenes and not just manage associates.  If you're really gung-ho about it and willing to take a big risk, I've heard many people say the same reason that a small business fails - not enough cash flow. You might be lucky to raise enough capital for start-up costs, but can you survive two years of negative income? And I'm not even talking about your personal living expenses. Forget about that, you're going to be living at home eating ramen. I'm talking about having enough cash to pay the rent and keep the lights on. Unfortunately, it's going to be a vicious cycle because banks know small businesses are a huge risk and are unwilling to provide loans for them to survive...but small businesses fail because they aren't able to survive in the short-term no matter how good the prospects are in the long-term.   Your safest bet is to grow organically. This means having a business model with negligible start-up costs and little overhead costs. Your inventory is going to be small and because of that, your margins are going to be thin (no wholesale prices). But at this point, based on the products you're selling, you're basically just another one of the millions of internet re-sellers. You're going to basically have to place all your value in getting savvy to learn how to spot good deals and re-sell products for a higher price.   Honestly, I'll be harsh about it. You have 0 competitive advantage and offer 0 extra value in your idea. There's really no point in wasting your time and money unless you can pivot the idea so you're creating actual competitive advantages for yourself. Otherwise, just stick to re-selling online, at the very least to get a feel for the profit margins and gain experience."}
{"_id": "400775", "title": "", "text": "\"The biggest change is the the relationship between the content providers (newspapers, tv, etc) is becoming more and more *interactive.*   For as long as mass media has existed, it's been a one-way relationship: content providers shovel content to the audience.  The Internet has ushered in a change so radical that it's unlikely the centuries old model can survive, except perhaps in movie theaters.  Who's going to suffer the most I think is advertisers.  They are still struggling to figure out what to do, from all appearances.  There's evidence that a few kind of get it, with heavy emphasis on \"\"a few.\"\"  Up to this point, their business has been built on smoke and mirrors.  I mean, since I was a kid, I've always switched channels or got up and left during TV commercials rather than watch them, and I think that's common.  In TV at least, advertisers have had to convince networks that most people don't do this but instead are watching advertisements, but really couldn't *prove* it.  With more interactive models becoming predominant, the smoke and mirrors are disappearing.  Advertisers who depend on elaborate analysis schemes to \"\"prove\"\" people are watching ads will too.  I think it's a good thing.  I don't mind content providers knowing *exactly* what pisses me off on the screen, be it a web site or TV show, and makes me skip their content.  Advertising will *have* to change from the model of selling people things they aren't interested in to a model based on finding out that people are interested in and matching them up with products accordingly.  Again, I welcome that.  If I never see another tampon ad in my life, it's worth a bunch of starving ad execs asking for handouts on street corners.\""}
{"_id": "400777", "title": "", "text": "December, 1, 2011 (03:00pm) :-  China's manufacturing data's are slides to 49 below 50, a signal of contraction by which whole Chinese economy affected.  Due to the European crisis, the global demand is weak which Chinese affected the most because china is the only market which manufactures the product an unbelievable cost.  Global demand still weak this may be continues by next 2 - 3 months.  Base metal prices are higher composed to 2010 levels, the profit levels also drooped by 5% to the manufactures.  Base metals trends looking down in December.  Cooper may be range Rs 370 - Rs 440  Zinc mzy be range Rs 97 - Rs 113.  Nickel may be range Rs 870 - Rs 960.  Lead may be range Rs 98 - Rs 112."}
{"_id": "400779", "title": "", "text": "The UK doesn't tax gifts or wealth, so you don't have to pay any tax on your existing savings or the money your parents transfer you. If your parents lived in the UK then you might be potentially liable to inheritance tax on the money if they died less than seven years after giving it to you, but if they live in Japan this won't be relevant. In theory you might have to pay tax on any interest received in the bank account while you live in the UK. However this is likely to be very small, and if you don't have any other income then it's highly unlikely this would apply, as you can get up to \u00a316,000 of interest without paying tax: https://www.gov.uk/apply-tax-free-interest-on-savings/how-much-tax-you-pay"}
{"_id": "400782", "title": "", "text": "&gt;  the west needs to make massive gains every year short term and if the choice is screw the consumer or build loyalty  This isn't the fault of the system - it's a result of the dotcom creating irrational greed over capital gains. Once upon a time a company could be large and *not* have massive growth every year, so long as they had consistent profits. People bought their stock for the dividends, to share in the profits, and any capital gains were just gravy.   The way the market is running now is a ponzi scheme - when a company has a billion shares valued at $50, you can never actually **get** $50B by selling the stock. As stock is sold, the price will drop - only the first people to sell get that price."}
{"_id": "400797", "title": "", "text": "\"Banks will always and forever make the claim that regulations are \"\"hurting\"\" them.  Bankers will always and forever trade tomorrow's systemic risk for today's profits -- if given the chance.  Once regulations are reduced, it's only a matter of time before these pathologically self-interested children blow up the system (again).\""}
{"_id": "400801", "title": "", "text": "Construction loans have an entirely set of rules and factors than mortgages and that's hard to reconcile into one instrument.  Also, I'm guessing the bank would be a bit shy about giving a commitment to a home loan before they have any information about how the construction process is going.  There would have to be a ton of contingencies put into mortgage and they probably can't account for everything."}
{"_id": "400816", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://thehill.com/policy/technology/344410-feds-eye-crackdown-on-digital-coin-investments) reduced by 89%. (I'm a bot) ***** &gt; At issue are initial coin offerings, where new companies or smaller projects seek to crowdfund - or raise investment funds from the public - through crypto online currencies.  &gt; In their report, the SEC warned investors to make sure a coin offering is registered properly if it is a securities exchange, and to learn about their rights and level of control, as well as to understand potential cybersecurity threats.  &gt; &amp;quot;They&amp;#039;re the right people to look at it this sort of thing, says Peter Van Valkenburgh director of research at Coin Center, a research and advocacy group focused on digital currencies.&amp;quot;Creating token and selling them is like selling portions of businesses.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qotdi/feds_eye_crackdown_on_digital_coin_investments/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~179906 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **coin**^#1 **SEC**^#2 **currency**^#3 **offered**^#4 **security**^#5\""}
{"_id": "400826", "title": "", "text": "There are many different things that can happen, all or some. Taking Russia and Argentina as precedence - you may not be able to withdraw funds from your bank for some period of time. Not because your accounts will be drained, but because the cash supply will be restricted. Similar thing has also happened recently in Cyprus. However, the fact that the governments of Russia and Argentina limited the use of cash for a period of time doesn't mean that the US government will have to do the same, it my choose some other means of restraint. What's for sure is that nothing good will happen. Nothing will probably happen to your balance in the bank (Although Cyprus has shown that that is not a given either). But I'm not so sure about FDIC maintaining it's insurance if the bank fails (meaning if the bank defaults as a result of the chain effect - you may lose your money). If the government is defaulting, it might not have enough cash to take over the bank deposits. After the default the currency value will probably drop sharply (devaluation) which will lead to inflation. Meaning your same balance will be worth much less than it is now. So there's something to worry about for everyone."}
{"_id": "400838", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold?page=1) reduced by 93%. (I'm a bot) ***** &gt; The contract could become the most important Asia-based crude oil benchmark, given that China is the world&amp;#039;s biggest oil importer.  &gt; &amp;quot;It is a mechanism which is likely to appeal to oil producers that prefer to avoid using dollars, and are not ready to accept that being paid in yuan for oil sales to China is a good idea either,&amp;quot; Macleod said.  &gt; Yuan oil futures are expected to attract interest from investors and funds, while state-backed oil majors, such as PetroChina and China Petroleum &amp; Chemical will provide liquidity to ensure trade.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70lu5h/china_announces_the_backing_of_the_yuan_by_gold/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211390 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **oil**^#1 **China**^#2 **Saudi**^#3 **yuan**^#4 **gold**^#5\""}
{"_id": "400841", "title": "", "text": "Is it normal for such transactions to create new outstanding shares? Yes a company can create new shares or a Majority share holder can sell some of his stake or it can be a mix of both. how will this news affect the short-term and long-term price of the company's stock? This is opinion based and not apt for this site. It can be positive or negative depending on how the market reacts to the news."}
{"_id": "400845", "title": "", "text": "\"The number one difference is that bank savings accounts, or money market accounts (MMAs allow limited checking--six non-ATM withdrawals per month, max, else possible fees) have FDIC insurance up to $250,000.  However don't put that much in--allow some room for interest, so you never go over the $250,000.  Money Market Mutual Funds do not enjoy FDIC insurance.  There may be some SPIC insurance--generally against brokerage failure though, but its coverage is questionable--search out those details, and if they apply to anything besides actual cash held at the brokerage.  If the money market mutual fund is strictly invested in US Treasury securities (like T-Bills, or other short-term US Treasury instruments), it enjoys the full faith and credit of the US government, FWIW--but many MMMFs invest in corporate instruments.  If the fund has any pricing issues, there might be a delay in getting paid off.  (Extremely unlikely.)      Number two, and more importantly, bank savings accounts (or MMAs) pay way more!  You can get a bit over 1% APY now--many paying 0.90% APY, or higher.  No money market mutual funds are close to that, generally yielding a small fraction of that, almost zero for US Treasury MMM funds.  Sure 1.05% ain't too exciting, but you may as well get the most you can if holding \"\"cash,\"\" and fully insured to boot.\""}
{"_id": "400848", "title": "", "text": "\"I'm sorry, i should have said I was saying that sarcastically, but those are the arguments which I suspect are being made.  &gt;*\"\"You did not answer my question: Where's my advocate in the negotiations?\"\"*  Its doubtful that they would be among the hundreds (thousands?) of lobbyists. Unless you are a corporation and you have one.  &gt;*\"\"Why should I believe the negotiators have my best interests at heart?\"\"*  I don't think the negotiators have your or the country's best interests at heart. I think they barely even play lip service to it any more.   &gt;*\"\"What's the point of negotiating a treaty that doesn't have the people's interests at heart?\"\"*     Well, look at all the things that are in TTIP, for example, here in the US, by underfunding government agencies tasked with enforcement of existing laws and recommending new ones, the chemical industry has succeeded for the last 25 years or so at preventing a lot of needed regulation of a lot of demonstrably dangerous substances. Particularly a class of chemicals called [endocrine disruptors](http://ehp.niehs.nih.gov/tag/Endocrine-Disruptors/).   Meanwhile, Europe has put into place much more stringent regulations based on the Precautionary Principle, which requires that chemical industry prove some chemicals are safe to get them approved, while the US the key issue is overcoming lobbyists and even chemicals which are clearly dangerous have to go through a lot of hoops before they are regulated, and even when its shown to be extremely likely they are dangerous, it is very difficult when lobbyists are there often regulators are political appointees from the industries they are supposed to regulate. There is no denying that having different regulations is complicated, but what they are promoting as a solution is not a good approach.   They are pushing for what they call regulatory coherence- which is basically the forcing of all environmental and chemical laws in a bunch of countries [into the same mold](http://www.ciel.org/Publications/ToxicPartnership_Mar2014.pdf). It would overrule a lot of state laws involving things like fracking..and food safety -   Instead of raising our standards to the European level, they want to bring theirs down, and get rid of the (IMO, quite prudent) Precautionary Principle, which I think is incredibly stupid. But, people are not aware of this.  There- I think has clearly been a high level decision - some kind of gentlemans agreement between the 5 media corporations that control virtually all US media, to never cover some issues.  To not cover those issues at all. But in Europe they have a similar problem, just not quite as bad. But there people make more of an effort to find out whats really happening. Also there are fewer astroturfers.  (the US is known for massive levels of astroturfing in its online world)  For example, in the UK, there is a lot of protesting because of the implicit goal of the FTAs is to privatize public services, although they deny it, its right there [in agreements like GATS](http://www.iatp.org/files/GATS_and_Public_Service_Systems.htm), framing public services as bad, some kind of theft from companies, and ratcheting any small privatization into a permanent entitlement for that company to that market so its permanent, even if its unsuccessful. Thats been [disastrous to their NHS](https://www.opendemocracy.net/ournhs/john-hilary/on-ttip-and-nhs-they-are-trying-to-bamboozle-us).  How did it get this way? In part its due to the failure of Americans to seek out facts, something people really have to do because there are forces spending a lot of effort into hiding them and trying to exploit positions of trust to create a dangerous false security..  Its a direct result of so much money in politics. The so called \"\"stakeholders\"\" spend a lot of money and energy into getting candidates into office. So then they expect something in return.   This is related: http://www.chemsec.org/what-we-do/influencing-public-policy/news-updates/1321-letter-to-the-ttip-negotiators-signed-by-178-groups\""}
{"_id": "400859", "title": "", "text": "Current Money users may want to take a look at this: http://sites.google.com/site/pocketsense/home/msmoneyfixp1 Pretty easy (and secure) way to continue getting online data into Money."}
{"_id": "400862", "title": "", "text": "Besides spending all your money, and then not being able to find a new job when you want to and where you want to, the biggest risk is the lack of health insurance.  Research your options regarding your existing insurance under COBRA. It will cover your preexisting conditions at the full price of the insurance, that means without the contribution from your employer. Make sure you have fully investigated the options to understand your out of pocket maximums, and the full price of insurance.  You will also have to understand the maximum amount of time you are covered under COBRA. If your unemployment goes beyond that period of time, you will have to get individual insurance. You need to avoid a gap in coverage or when you do get a new job, the insurance may not cover some preexisting conditions. Before NASA send astronauts to the space station for months, they give the astronauts a full physical, including a visit to the dentist and eye doctor. It would be advisable to do the same before announcing to the employer that you plan on quitting. the insurance will generally transition to the COBRA program at the end of your last work day. Because both of you work you could do the transition is phases. One would quit, then spend their time getting the sabbatical site established. The insurance would come from the employed spouse during this transition.  Some employers do have sabbatical programs where they  will ease your transition if you are going to work on your education full time, or work for a charity. They will need you to return at the end of an agreed time period. Even if they don't have a official sabbatical period they usually have a reemployment plan. If you return before the time period expires, usually one or two years, you aren't considered a new employee. That can be important for years of service calculations for a pension, vacation and sick leave earned, 401K matching."}
{"_id": "400893", "title": "", "text": "And the truth of the matter is that the majority of entrepreneurs are rich only because they are lucky.  Strangely none of them are prepared to admit this either.  See if you throw enough mud at a wall, eventually some of it will stick. And if 20,000 people start a business, then most will fail, but some will succeed, and some will go through the roof.  The business acumen of the directors is sometimes capable of making a business MORE successful than it otherwise would be, but mostly, it's down to luck."}
{"_id": "400896", "title": "", "text": "I am currently in the process of purchasing a house. I am only putting 5% down. I see that some are saying that the traditional 20% down is the way to go. I am a first time homebuyer, and unfortunately we no longer live in the world where 20% down is mandatory, which is part of the reason why housing prices are so high. I feel it is more important that you are comfortable with what your monthly payments are as well as being informed on how interest rates can change how much you owe each month. Right now interest rates are pretty low, and it would almost be silly to put 20% down on your home. It might make more sense to put money in different vehicle right now, if you have extra, as the global economy will likely pick up and until it does, interest rates will likely stay low. Just my 2 cents worth.  EDIT: I thought it would not be responsible of me not to mention that you should always have extra's saved for closing costs. They can be pricey, and if you are not informed of what they are, they can creep up on you."}
{"_id": "400910", "title": "", "text": "\"Average return on the S&P500 over the last 10 years has been 1.6 %; so if you'd invested in that with money borrowed at 3 % you would have lost (so far). Investing with borrowed money implies you think you can beat the market: that you're a cleverer investor than whoever decided to lend you the money. Whoever decided to lend you the money decided that you are the best (return/risk ratio) investment for their money. It might make sense to invest borrowed money if you don't need to pay it back if things go wrong: if you're an investment professional whose bonus depends on the profit you make, but who won't need to repay any loss. It might also makes sense to borrow money if you're going to 'add value', e.g. sweat equity: for example if you use it to renovate a house or (if you're a business) to hire more staff. But the question was \"\"What guidelines do you use\"\" and the answer is, \"\"I don't make passive investments with borrowed money.\"\" My Dad did it, i.e. didn't repay his mortgage as soon as he could have: but that was because (back in the '70s) he had a long-term (government-sponsored) mortgage for about 1.5 % (designed to help first-time buyers or something like that), at a time when banks were paying higher interest rates on (ultra-safe) deposits.\""}
{"_id": "400911", "title": "", "text": "**Here's a sneak peek of /r/redacted using the [top posts](https://np.reddit.com/r/redacted/top/?sort=top&amp;t=year) of the year!**  \\#1: [Hi, I'm from T_D! I don't know where I am!](https://np.reddit.com/r/redacted/comments/5o863w/hi_im_from_t_d_i_dont_know_where_i_am/)   \\#2: [Fuck /u/Spez](https://np.reddit.com/r/redacted/comments/5em9vx/fuck_uspez/)   \\#3: [Well, if Reddit doesn't want us to have the_donald, then maybe they want us on r/news and r/politics?](https://np.reddit.com/r/redacted/comments/6c80g7/well_if_reddit_doesnt_want_us_to_have_the_donald/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "400927", "title": "", "text": "Better for you and for me, yes, but not for the disadvantaged without benefactors. That's the situation I was in.   I just wish social security wasn't spent on the elderly, when they have so little left to contribute to our society and economy, in terms of new business, growth, and constructing the future."}
{"_id": "400931", "title": "", "text": "Do I need to pay for an inspection, or am I likely to save enough money from skipping it to cover potential problems that they would have caught?  A home inspection costs hundreds of dollars.  The average is $315.  Inspections regularly catch things that cost tens of thousands of dollars to fix, e.g. a new roof or a cracked foundation.   You also might find that a home inspection is required for your mortgage.   do I need a realtor, or can I do their job myself? Unless you are a licensed realtor or you buy directly from a seller without a realtor, the fee (charged to the seller) will be the same regardless of whether you have a realtor.  The seller's realtor will share the fee with your realtor if you have one.  So you can do the work yourself (perhaps not as well), but you won't save money by doing so.   If you have a lot of flexibility in when you purchase, you could look for especially cheap properties with motivated sellers.  Arrange financing ahead of time (before you find a house), so you can close quickly.  Some sellers will give you a discounted price to finish the sale quickly.  Even small savings on the price of a house will outweigh most savings on closing costs."}
{"_id": "400936", "title": "", "text": "Drive thru is a good determinant, as is price point. it looks like Wikipedia considers Five Guys fast casual, but I have a hard time thinking of them that way. To me, fast casual signifies a certain level of sophistication, beyond a peanut/trash covered floor and guttural yells from the counter any time a customer walks in to the restaurant."}
{"_id": "400945", "title": "", "text": "\"In the US, \"\"title\"\" is the document that shows ownership of the car. It is a nicely printed document you get from the DMV, that includes the information about the car and about you. You \"\"sign off the title\"\" when you sell the car - part of the title is a form on which the owner of the title can assign it to someone else. With your signature on the title, the new owner goes to the DMV which exchanges it to a new title in the new owner's name. Never sign on the title unless you got the payment for the car from the buyer. Usually, when the car is bought with a loan, the lender holds the title. Since you need to sign off the title to pass the ownership if you sell the car - lender holding on to it will prevent you from selling the car until the lender gives you the title back (when you pay off the loan). Your boss, acting as a lender, wants the title to hold on to it to prevent you from selling the car that secures your debt to him. He wants that (usually pink) piece of paper. Here's an article explaining about the title and showing a sample. Lenders holding the title will usually also add an endorsement at the DMV, so that you can't go and claim that you lost it.\""}
{"_id": "400947", "title": "", "text": "This sounds like a scam. Did they email you out of the blue to offer you this 'job', by any chance, and you'd never heard of them before? That's an incredibly large red flag in and of itself. While I don't know quite what the scam is likely to be, here's how I would suggest it might work: Other variants are possible - say using a cheque rather than PayPal, or having Person A be the scammer as well. But this being a legitimate transaction is very unlikely."}
{"_id": "400950", "title": "", "text": "Yes. It is a scam, and here is how it will work. They will deposit a phony check into the account which will appear to clear. You will send money to Africa from the account. The check will take a while to bounce, but it will bounce. They will take it back out of your account (and may try to prosecute you for a fake check). At best, your account balance will go negative and you will owe the money back to the bank that you sent. The people you sent the money to will vanish."}
{"_id": "400981", "title": "", "text": "Redditors! Buy gold and demand that the financial institution who sold it deliver it. When they try to buy enough gold to cover their short the price will explode, free money.  Disclaimer: you all have to do it or it won't work"}
{"_id": "400983", "title": "", "text": "\"A share of stock is a share of the underlying business. If one believes the underlying business will grow in value, then one would expect the stock price to increase commensurately. Participants in the stock market, in theory, assign value based on some combination of factors like capital assets, cash on hand, revenue, cash flow, profits, dividends paid, and a bunch of other things, including \"\"intangibles\"\" like customer loyalty. A dividend stream may be more important to one investor than another. But, essentially, non-dividend paying companies (and, thus, their shares) are expected by their owners to become more valuable over time, at which point they may be sold for a profit. EDIT TO ADD: Let's take an extremely simple example of company valuation: book value, or the sum of assets (capital, cash, etc) and liabilities (debt, etc). Suppose our company has a book value of $1M today, and has 1 million shares outstanding, and so each share is priced at $1. Now, suppose the company, over the next year, puts another $1M in the bank through its profitable operation. Now, the book value is $2/share. Suppose further that the stock price did not go up, so the market capitalization is still $1M, but the underlying asset is worth $2M. Some extremely rational market participant should then immediately use his $1M to buy up all the shares of the company for $1M and sell the underlying assets for their $2M value, for an instant profit of 100%. But this rarely happens, because the existing shareholders are also rational, can read the balance sheet, and refuse to sell their shares unless they get something a lot closer to $2--likely even more if they expect the company to keep getting bigger. In reality, the valuation of shares is obviously much more complicated, but this is the essence of it. This is how one makes money from growth (as opposed to income) stocks. You are correct that you get no income stream while you hold the asset. But you do get money from selling, eventually.\""}
{"_id": "401004", "title": "", "text": "Pre-finance major here and new to this sub. Quick background, I\u2019m 18 and I\u2019m starting school at the University of Iowa in January.  My question is: what resources are out there that you would recommend to help me get introduced to the world of finance? Could be books, online courses, videos, etc. and could be on any subject within the umbrella of finance.  Thanks in advance for any recommendations!"}
{"_id": "401020", "title": "", "text": "Yeah $1M is a number that a very, very select number of programmers are making. It's not really within the realm of possibility for the average person - you have to be a combination of obsessed, brilliant, and lucky to have coordinated with the right people.      Now $100-200k? Yeah, definitely."}
{"_id": "401059", "title": "", "text": "Good for ~~him~~ her! I'm sure ~~he~~ she won't be missed, and there is at least a dozen or so twenty-something that would love to replace him minus the bitching. Someone forgot to give him the TPS memo that says you work for a startup because you enjoy the other perks, not just the financial gain, which should be ancillary to all the other relevant experiences one acquires while working those long 100-hour weeks.  And fuck you (not you) for down voting me."}
{"_id": "401068", "title": "", "text": "Actually, the Richmond Group owns a lot of movement makers.  (ETA, Unitas, Valjoux, etc.) What this will do is, as they said, shut down all of the impostors that buy movements from them.  Why spend thousands of dollars on a Cartier or a Longines, when you can get the same movement from a different company for a couple of hundred bucks.  Now the different company will have to buy their movements from China, which does not hold a lot of weight in a collector's market."}
{"_id": "401074", "title": "", "text": "\"The point of reissuing the bonds with other bonds is that people could step away from the greenback money supply if they so chose to.  There you could switch between various and distinct money supplies just by trading places with someone whenever you feel like.  Of course, the firm would only issue the bonds if they thought they could repay it, and it would be backed by the actual good they produce, not just the \"\"word\"\" of the government and not just thin air.\""}
{"_id": "401092", "title": "", "text": "There are lots of good reasons not to do this. HOWEVER if you do decide to, there are four things you need to consider:"}
{"_id": "401093", "title": "", "text": "Get a Bankrupsy lawyer. They'll tell you to stop paying the bills and use the money to pay their fee. Yes... You do need to pay in advance.   I can tell you honestly that it was the best thing that ever happened to me.   Think about it this way... When you loan someone moneyyou're placing a bet that they'll pay you back. You try to keep the dos in your favor by using credit ratings etc but sometimes you win and sometimes you lose that bet. It's nothing personal. It's business.   The casino doesn't feel bad when you lose your bets and your money and you don't expect them to. The person placing the bet knows what they're doing and knows all about the risks, etc. it's a calculated risk. Again... It's just business and it's nothing personal.   It's also not nesessairly a failure. Depending on the situation... Bankrupsy is an excellent business decision. Big business do it all the time.   Sometimes bankruptcy is a very smart decision and not going bankrupt is the worst decision you can make.   My only regret with my own bankruptcy is that I didn't do it sooner. I could have saved the family years of unnecessary hardship and I could have gotten it over with much sooner.   Don't be emotional. Be smart and do the smart thing."}
{"_id": "401111", "title": "", "text": "When I have been faced with this sort of situation I have done the split at the bank.  They had the ability to recognize the deposit as a payroll transfer and split it the way I wanted. I put a specific amount of money into checking, another amount of money into the mortgage, and a specific amount of money into another fund. The balance, whether it was $1 or any other amount, went in to savings. That meant that I transferred the amounts I needed to pay my budgeted living expenses and what ever I made above that went to savings. In months I made extra, more was available to be saved."}
{"_id": "401125", "title": "", "text": "Do not provide any personal information. If the debt is not yours, ask the caller to provide all the identifying information they have over the phone to verify whether they have your information, or are just following up on similar names. Even if they have information that is yours, do not provide more information. Always make them tell you what they know. If they provide information that is not yours, simply state that it is not your information and politely end the call. If they persist in calling you, there are local agencies you can report them to.  If they have your information, then ask for all of the details of the debt -- who is it owed to, when was the debt incurred, what was the original amount of the debt, what is the current balance, when was the last activity on the account, what is their relation to creditor.  Once you know the creditor, you can contact them directly for more information. It is possible they may have written off the account and closed it, selling it to a debt collector in order to get some sort of return on debt. If they truly have a debt that is yours, and you did not incur it, then you will need to file a police report for a case of identity theft. Be prepared for some scrutiny."}
{"_id": "401146", "title": "", "text": "\"There are tax free bonds in the United States.  They are for things like public housing and other urban projects.  They are tax free for everyone but only rich people buy them.  Why?   The issue is that the tax free nature of the bond is included in its yield.  So rather than yielding say a 5% return, they figure that the owner is getting 20% off due to not paying taxes.  As a result, they only give a 4% return but are as risky as a 5% return investment.  Net result, only rich people invest in tax free bonds.  \"\"Rich\"\" is defined here to mean people paying a 20% tax on long term investment returns.   Or take the State and Local Tax (SALT) deduction, which has been in the news recently.  Again, it is technically open to everyone.  But there is also a standard deduction that is open to everyone.  For the typical family, state and local taxes might be 5% of income.  So for a family making $100k a year, that's $5k.  The same family can take a $13k or so standard deduction instead of itemizing.  So why would they take the smaller deduction?   As a practical matter, two groups take the SALT deduction.  People rich enough to pay more than $13k in state and local taxes and people who also take the mortgage interest deduction.  So it helps a lot of people who are rich quite a bit.  And it helps a few middle class people some.   But if you are lower middle class with a $30k mortgage on a tiny house and paying 4% interest, then that's only $1200 a year.  Add in property taxes of $3000 and SALT of $2.8k and that's only $7k.  Even if the person gives $3k to charity, the $13k deduction is a lot better and requires less paperwork.   Contrast that with someone who has $500k mortgage at 3.6% interest.  That's $18k in interest alone.  Add in a SALT of $7k and property taxes of $50k, and there's $75k of itemized deductions, much better than $13k.  Now a $7k donation to charity is entirely deductible.  And even after the mortgage interest deduction goes away, the other $64k remains.\""}
{"_id": "401169", "title": "", "text": "\"Then my 100% honest answer would be the same. But an insignificant and uncorrectable number of people. Not that anyone going without healthcare isn't concerning, just that it will happen no matter what path we choose, and a free market diminishes it the most. Some people won't act in their own interests. Did you read the original article I posted? It appears you did not, I encourage you to do so.   Everyone would like to receive \"\"free\"\" stuff, no surprise.   I'm coming from an honest admission that the market would and should provide a variety of differing qualities of healthcare to best serve everyone and their differing valuation of their health. Government cannot do that, but a free market can. Like shoes or anything else. We can't all afford italian leather loafers, but most people can get shoes of all sorts of sizes and styles and colors. That's because the market works. Let the market work in healthcare, and you get the absolute fewest people without it, and they can spend what they want on it. People who exercise every day will probably spend more on it, those who drink and smoke everyday probably won't, and that's not my business. Or yours, quite frankly.\""}
{"_id": "401174", "title": "", "text": "&gt; Tax rates do make a difference between whether to invest here or in Ireland.   Not actual investment, but if you have the discretion to chanel profits to a lower taxed jurisdiction (necessarily a loophole that can be closed), then you may structure transactions accordingly.  &gt; he money that American businesses profit overseas stays overseas instead of being repatriated because the taxes are too high to justify paying them before reinvesting the money in the economy.   That is an issue that is also independent of tax rates.  Providing incentives to bring money back is unlikely to finance any new investment though.  There are loopholes that allow using foreign assets (cash especially) to fund foreign loans that can finance any desired investment.  Still, even if repatriation is used for stock buybacks and dividends that would be more money flowing into the US, though not really money flowing to people who spend a high portion of flows (rich investors).  But just because there are reasonable arguments for tax reform encouraging repatriation and HQ locations as at least not being harful, does not support also including the genuinely directly harmful effects of cuts to tax rates."}
{"_id": "401185", "title": "", "text": "\u201cThe reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money.  Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles.  But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.  This was the Captain Samuel Vimes 'Boots' theory of socioeconomic unfairness.\u201d  \u2015 Terry Pratchett, Men at Arms: The Play"}
{"_id": "401188", "title": "", "text": "Consider this before you buy one: I spent 1900 dollars for a car warranty years back when I bought a car. 9 months after I bought the car it broke down and it was covered by the warranty. Without the warranty the fix would have cost me 3400 dollars. This is a huge savings except for one thing... The warranty company went bankrupt so I spent 1900 + 3400 for a grand total of 5300 :) As you can imagine, I wasn't smiling at the time. Contrast that with my second warranty (I know, I know, don't put your hand in a fire twice) where I spent 2400 for the warranty and then got my transmission fixed for 4000 dollars, and it cost me 100 dollars (deductible). In summary: It's hit and miss, but make sure you don't pay more than 10-15% of the product price for the warranty."}
{"_id": "401226", "title": "", "text": "I'm in full agreement and came here to say just that. I felt like such a presentation is meant to cater to an ADD generation or some such. I'd rather two or three subsections each with a continuous flow of the story. As is, the all-encompassing story was tough to follow and unnecessarily chopped up."}
{"_id": "401232", "title": "", "text": "&gt;  It's just like an 18-21yr old kid at college, away from their parents and has the first unrestrained access to alcohol. They usually overdo it.  I actually have much more respect for binge drinkers in college. At least they don't do it everyday and understand they are impaired.  &gt; And to second my original intent, it's up to the business/owner to determine if they want to discriminate or not against drug users. If you have a problem with that, seek employment elsewhere  I agree"}
{"_id": "401233", "title": "", "text": "\"These days, just about any bank has the ability to schedule payments for free.  I usually use this.  My wife has a Chase MasterCard, because they used to automatically credit the 1% cash back monthly.  Now they \"\"improved\"\" the card, and you need to go online and redeem the rewards, either in $20 increments, or to pay off a previous purchase, which seems to be a real gimmick.  They probably get back the 1% cash back for that purchase if you use this feature.  Weird people.\""}
{"_id": "401235", "title": "", "text": "Gambling losses are only offset by winnings. Those losses can't offset other income. So, the guy that wins the $1M jackpot can deduct the $100 he spent on tickets that year."}
{"_id": "401237", "title": "", "text": "Are there specific companies leading the charge on this? I work in construction and from my experience the industry is notoriously slow to adapt as it's an old man's game when you get down to the labor but the possibilities are endless. When we got an iPad software to expedite punch list work it was revolutionary."}
{"_id": "401248", "title": "", "text": "\"Spend less.   As @jldugger said, shop around for textbooks.  Make sure to look for used books: you can sometimes save a lot of money there. Be smart about food money.  I could go to our on-campus grill and get a sandwich and a salad for lunch.  If I packed both with toppings, the salad could be a 2nd meal for the same day.  If you have the option, get a meal plan that is just 1 meal a day, and eat a lot that meal. Don't do the starbucks \"\"pay several dollars for a coffee each day\"\" thing.  Small-ish regular expenses add up quickly.   Quit smoking (if applicable). Ditch your car if possible.  Some colleges are in cities with good public transportation or are small enough that a bike will do.  Cars are very expensive.  Try to find free activities to do in your free time.  Usually college towns are great places to find free fun.  Pick-up sports, student concerts/art shows, playing board/card/video games. Make sure to track how you're spending money to look for areas where you could be spending less.  There are plenty of tools available to help with this.   Some on-campus jobs involve sitting around and occasionally doing something: IE working the checkout desk at the library.  A job like this (if you can find one) can effectively pay you for doing our homework. One other very important college-related financial tip is to not take out more loans than you can afford.  I've heard a good rule of thumb is not take our more loans than you expect to earn your first year after graduating.  Look up average starting salaries for the career you realistically expect to have after you graduate.  If you would need to borrow much more than that to get your degree, rethink your plans.  Being a slave to a bank for years is a crappy way to spend your life.\""}
{"_id": "401254", "title": "", "text": "\"I'm going to go with \"\"ridiculous notion.\"\"  :) The vast majority of businesses are legitimate, run by honest people trying to earn a living for themselves and their employees.  These days, almost all of them accept credit cards.  Crooked businesses are a very small minority. When a bad business over charges you, you dispute the charge, and you get your money back.  But that's not all that happens.  The bad merchant pays penalties for this, and if it happens more than a couple of times, the merchant loses their merchant account with their bank, which means that they lose their ability to accept credit card payments anymore.  A crooked business is not able to rob people via credit card for very long at all. A whitelist would certainly not be able to include every legitimate business.  And a blacklist would never be able to be kept up-to-date, as bad businesses come and go continuously; as soon as a business was added to the blacklist, they would lose their merchant account and would no longer need to be on the list. What you are describing is very rare.  My brother once had a bad experience with a tech support company where they were repeatedly charging him for a service they never performed.  But a credit card chargeback took care of it.  If that company made a habit of that, I'm sure that they got in trouble with their bank. Instead, the most common credit card fraud happens when crooks use your credit card at perfectly legitimate businesses.  But your whitelist/blacklist wouldn't help you with that at all.\""}
{"_id": "401255", "title": "", "text": "\"Actually 19th century shipped you to us to pretend teaching how \"\"progress\"\" is made, when you only seek to send us backwards.  The childish thing said : &gt;It'a a totally different situation.  [*And you* (as I think you don't live in North Korea) *still have the choice to leave and reseign if you want btw*]  Yes, fina lly some sense. Taxation isn't an act of buying its a totally different situation. Taxation was extortion when it was used by despots for \"\"protection\"\", when in fact it was just financing a private interest. But taxation through parliamantary voted law isn't, its the community democratically represented that decide on the rule of majority that there is a need for public services or redistribution to happen in the community. And to do so they decide while granted power by the people to implement taxation.   That said, the US govt is frankly corrupted and the US system quite unperforming, but they still somehow protect your rights. The dudes in Irak or Afghanistan are a problem, but the militray is much more than that, protection from invasion is the main utility and your world status as THE power proove you achieve that. This allow you to have access to whole range of products and ressources cheaply and in abundance (agriculture in SA and Africa, Oil etc...), thats for the military.   All the thing that make your country a \"\"great\"\" one are funded by your taxes, from your education to your financial sector. You fund your world status and your society status among nation with your taxes. You don't want that ? As I said, you are still free to leave your country and reseign your citizenship. Why ? Because as I see it the majority of your population aren't agaisnt paying taxes, or else they would continuously elect dickwads republicans. \"\"Nah its mah country, gna gna gna\"\" not its not, your country was built by a community,a society that decide though your state/s  certain things have to be set up like taxes. You don't want to comply ? Fine, overthrow them or find a \"\"country\"\" free zone. {GOOD LUCK}.\""}
{"_id": "401260", "title": "", "text": "\"Is it worth it for me to \"\"charge\"\" him? I can think of two reasons why you might want to charge your husband:\""}
{"_id": "401264", "title": "", "text": "\"If you're trying to hedge the ups and downs of your local residential real estate market, a REIT fund holding commercial properties across the country is not the ideal match. Here's a comparison of an index tracking single-family home prices in one region (Los Angeles) and VNQ (another popular REIT fund).  There's some correlation but there's clearly different magnitudes and sometimes different directions. With a national home price index, the correlation is only 68%, and it would be lower for individual cities. You could still use it for hedging, but there's significant \"\"tracker error\"\" risk to be considered. Unfortunately, I'm not familiar with any investment that would be a better match for individual residential markets. So, if you decide to use this, I'd also adjust the level of exposure to get a closer result. E.g. using approx. 50% VNQ and 50% cash results in a closer result after 2 years (compared to national single-family home price changes) than either 0% VNQ and 100% cash, or 100% VNQ and 0% cash.\""}
{"_id": "401266", "title": "", "text": "\"Your company actually will most likely use some sort of options pricing model, either a binomial tree or black-scholes to determine the value for their accounting and, subsequently, for their issuance and realization.  First, market value of equity will be determined. Given you're private (although \"\"pre-IPO could mean public tomorrow,\"\"), this will likely revolve around a DCF and/or market approaches.  Equity value will then be compared to a cap table to create an equity waterfall, where the different classes of stock and the different options will be valued along tranches. Keep in mind there might be liquidation preferences that would make options essentially further out of the money.  As such, your formulae above do not quite work. However, as an employee, it might be difficult to determine the necessary inputs to determine value.  To estimate it, however, look for three key pieces of information:  1. Current equity value  2. Option strike price  3. Maturity for Options  If the strike is close to the current equity value, and the maturity is long enough, and you expect the company to grow, then it would look like the options have more value than not.   Equity value can be derived from enterprise value, or by directly determining it via a DCF or guideline multiples.   Reliable forecasts should come from looking at the industry, listening to what management is saying, and then your own information as an insider.\""}
{"_id": "401267", "title": "", "text": "Regardless of how it exactly impacts the credit score, the question is does it help improve your credit situation? If the score does go up, but it goes up slowly that was a lot of effort to retard credit score growth.  Learning to use a credit card wisely will help you become more financially mature. Start to use the card for a class of purchases: groceries, gas, restaurants. Pick one that won't overwhelm your finances if you lose track of the exact amount you have been charging. You can also use it to pay some utilities or other monthly expenses automatically. As you use the card more often, and you don't overuse it, the credit card company will generally raise your credit limit. This will then help you because that will drop your utilization ratio. Just repeat the process by adding another class of charges to you credit card usage. This expanded use of credit will in the long run help your score. The online systems allow you to see every day what your balance is, thus minimizing surprises."}
{"_id": "401269", "title": "", "text": "You're just blatantly wrong. There are literally hundreds of thousands of combat veterans and police officers in the US vastly more qualified than you. Beyond that, your scenario requires an instantaneous dissolution of society which is an absurd notion.   Your little dream scenario is just a childish fantasy. It's not rooted in reality so stop pretending it is so that you can publicly masturbate to the idea of trying to rip off your betters."}
{"_id": "401271", "title": "", "text": "It just doesnt seem like the new market would even want to interact with the company because of their previous market. I think it's more likely, as others have suggested, that this is an expansion of markets and targeting to new people, not a substition from previous business model"}
{"_id": "401272", "title": "", "text": "Yes, conflicts of interest are absolutely okay - are you serious? Conflicts of interest are a constant part of life. All scientific knowledge we have ever discovered was implicated in conflicts of interest, in that the researchers have an interest in finding scientifically significant results so they can get published and receive credit for discovering that knowledge.  Do those conflicts of interest mean you dismiss evidence off-hand? Of course not. A conflict of interest is a reason to give less weight to a source's claim *in the case that you have evidence to the contrary*. It is never a reason to reject a claim in and of itself.   By your logic, it is wrong for your doctor to recommend a certain examination because they profit if you take it. It makes informed decision-making impossible."}
{"_id": "401279", "title": "", "text": "No...it is not.  The markets are never certain. The price of oil often fluctuates and you have to take into account inflation. See the year 1980 here.  http://inflationdata.com/inflation/inflation_rate/historical_oil_prices_table.asp  At this moment, many analysts concur that the price has dropped because demand is not high.    It is not because of a Global Financial Crisis.  Political Trouble in Europe and current low demand and high stockpiles in the USA....yes."}
{"_id": "401289", "title": "", "text": "I just called the customer service of a real bank, not a money transfer service. It seems that the limit is on the electronic transactions only. If you show up at the bank the limits tend to be huge or do not exist (the bank rep. just told me that he is not aware of a limit in this specific bank)."}
{"_id": "401294", "title": "", "text": "Mermaid Baby is swimming in the swimming pool. Mermaid Baby finds different shapes and says their colors.  Learn Colors with Bad Baby Masha and Frozen Elsa with Magic Balls for Kids Children IRL https://www.youtube.com/watch?v=KvJzo7tOTfg  Learn Colors with Elsa, Rapunzel, Belle, Barbie and Mickey |For Children | Nursery Rhymes Song https://www.youtube.com/watch?v=YiABeuqXuhQ  Learn Colors with Masha | Spiderman eats too many Candies and got fat | Masha &amp; The Bear Video https://www.youtube.com/watch?v=JYupa2pc5cQ  Learn Colors with Elsa | a lot of Sweets and Candies | Nursery Rhymes | Finger Family https://www.youtube.com/watch?v=gsnqWmMQW6o  Learn colors with Spiderman and Glasses | Nursery Rhymes Songs for Kids | Finger Family Song https://www.youtube.com/watch?v=bKoY5-nBdRw  #LearnColors #forKids #forChildren #FingerFamily #NurseryRhymes #Children #Songs #Colors #Colours #BadBaby #Mermaid #Disney #FunnyVideo #IRL"}
{"_id": "401297", "title": "", "text": "Your tax rate is 20% for turnover below \u00a3300000. So deducting your expenses and all the tax your accountant thinks you need to pay is \u00a3450. But you can claim relief on your tax payments. Visit the UK gov website to check your options under which you can claim relief. Frankly speaking for such a low turnover you shouldn't have opened a limited company. Or do you expect your turnover to increase in the coming years ? If your turnover isn't going to increase any further or if there isn't going to be a substantial increase, better to go as a sole trader or an umbrella company."}
{"_id": "401315", "title": "", "text": "\"It should be made very clear, all funds from these fights were directly paid into \"\"Mayweather Promotions\"\" and from there Floyd pays himself.  As a result any cheques he posts are entirely irrelevent since its a cheque from his company to himself, he can place whatever value he wants on there for the picture and subsequently void the cheques.  This is nothing but an attempt to stay relevant once he has retired as the most hated boxer in boxing.\""}
{"_id": "401319", "title": "", "text": "I've been threatened numerous times for pushing to pay with a card rather than cash by taxis.  This was before Uber blew up.  It was clear they wanted to skim from their company.  I've literally had to jump out a car and run because of 5 minute arguments to take a card.  The card machines each time looked to function and  the sticker on the window says it's accepted.  Fuck them wrong way driving, wannabe Nascar, pedophile taxi cab drivers."}
{"_id": "401329", "title": "", "text": "I'm a bit out of my element here, but my guess is the right way to think about this is: knowing what you do now about the underlying company (NZT), pretend they  had never offered ADR shares.  Would you buy their foreign listed shares today? Another way of looking at it would be: would you know how to sell the foreign-listed shares today if you had to do so in an emergency?   If not, I'd also push gently in the direction of selling sooner than later."}
{"_id": "401345", "title": "", "text": "\"&gt; That said, it really depends on where you are and how your business is incirporared  No it doesn't. Nepotism laws only apply to public sector jobs.   &gt;If you or she can't answer this or don't have access to someone who can, then I fear for the business.  Well, fortunately, you don't know what you're talking about, so they don't have to worry about your fear. You don't need a law degree to run a salon. Spouses run businesses all the time.   Hence the name \"\"mom and pop shop\"\".\""}
{"_id": "401350", "title": "", "text": "New Orleans was not an anarchocapitalist society, it had a government.  Also, a large % of murders go unsolved by police, no matter which country you are in.  I think in the US it's approaching 70%.  The reason is that police have zero financial incentive to help people - they are paid either way."}
{"_id": "401354", "title": "", "text": "Places can succeed with mediocre food.  They just have to price things right and/or have redeeming qualities making up for the meh food.  BWW just doesn't have anything to offer.  They're shitty to be in and their food is overpriced.  So why go there?  Improving the quality of their food probably wouldn't even matter that much because bar wings (and other bar food) aren't going to have all that much pull no matter how great they are."}
{"_id": "401368", "title": "", "text": "\"This guy should not be downvoted for this. It is entirely true. Over $1 trillion of our GDP is adjustments, and over $2 trillion are \"\"financial products\"\", most of which are actually debts, not net credits to the economy.  EDIT: I should note that when I posted this, the post above me was at -1 and I had just upvoted him back to 0.\""}
{"_id": "401375", "title": "", "text": "I can't find the video, but Mark Cuban was on one of the late shows, and the host asked him this question. His first response was I have no idea, then he took a wild guess of about $175K, or so.  I am a tax accountant that works on a couple of very very weathly people. I very seriously doubt they keep up with knowing how much is in their checking account. They are given a card, and accountants handle the rest. Then their advisor gives them a run down every month or so."}
{"_id": "401388", "title": "", "text": "&gt;Clarisse Kambire\u2019s nightmare rarely changes. It\u2019s daytime. In a field of cotton plants that burst with purple and white flowers, a man in rags towers over her, a stick raised above his head. Then a voice booms, jerking Clarisse from her slumber and making her heart leap. \u201cGet up!\u201d      Ok...      &gt;The man ordering her awake is the same one who haunts the 13-year-old girl\u2019s sleep: Victorien Kamboule, the farmer she labors for in a West African cotton field. Before sunrise on a November morning she rises from the faded plastic mat that serves as her mattress, barely thicker than the cover of a glossy magazine, opens the metal door of her mud hut and sets her almond-shaped eyes on the first day of this season\u2019s harvest.      This reads like a bad novel.      &gt;She had been dreading it. \u201cI\u2019m starting to think about how he will shout at me and beat me again,\u201d she said two days earlier. Preparing the field was even worse. Clarisse helped dig more than 500 rows with only her muscles and a hoe, substituting for the ox and the plow the farmer can\u2019t afford. If she\u2019s slow, Kamboule whips her with a tree branch.      GET TO THE POINT ALREADY!!!"}
{"_id": "401409", "title": "", "text": "My opinion would be to sell now. I think what Valve is attempting to do is lance an bubble. Up until now, you have people purchasing (and storing) more keys than they're using in the hope that they'll maintain or rise in value.( I.e. The value of a key is greater than the utility of opening a chest.)  In the coming year, there most likely be more players wanting to sell keys for their value than players hoping to open chests. So I think you're going to see a minor crash in the value of the keys."}
{"_id": "401414", "title": "", "text": "Hmmm. I hadn't considered that energy usage would be considered confidential. How about asking a nearby neighbor to share their next bill. If it's higher or lower than yours, just scale the history up or down accordingly.  Other than that, the utility company might offer its own level billing plan where they handle the estimate and offer you the same payment each month."}
{"_id": "401440", "title": "", "text": "Not at all, the *worst case scenario* is that an employer simply doesn't care that you have your CFA. If you have the time and think you can actually accomplish it and it'll make you more of a powerful candidate, it would be worth getting it."}
{"_id": "401447", "title": "", "text": "SPX options are cash settled European style.  You cannot exercise European style options before the expiration date.  Assuming it is the day of expiration and you own 2,000 strike puts and the index settlement value is 1,950 - you would exercise and receive cash for the in the money amount times the contract multiplier.  If instead you owned put options on the S&amp;P 500 SPDR ETF (symbol SPY) those are American style, physically settled options.  You can exercise a long American style option anytime between when your purchase it and when it expires.    If you exercised SPY puts without owning shares of SPY you would end up short stock at the strike price."}
{"_id": "401450", "title": "", "text": "I would suggest you rollover your Roth 401k to a Roth IRA.  Then pay off your debt before investing anymore money. In the long run you will be better off to have all your debt paid off. But I would not withdraw from the Roth 401k to pay down your debt. The penality is too steep."}
{"_id": "401454", "title": "", "text": "\"I'm pretty sure that the banks here will only allow a joint account with either all citizens or all \"\"foreign resident\"\" or tourists. You may be able to do something with Leumi since they have a US branch in NYC. What many people do (who are US citizens) is open a bank account either at a physical branch or online and then it can be managed all online. Make sure no monthly balance fees or atm fees etc. If you need to transfer money most banks will \"\"buy\"\" a US check (I have done this with Leumi) or you can go to the ATM and pull out a few thousand shekel from the USA account and deposit it right back into the Israeli account.  My wife and I did this when we first arrived. Discount Bank seemed to have no fees for pulling money out and a good USD/ILS rate. Just make sure you don't have foreign transaction fees / high rates on the US account. If you need to deposit checks for him you can use the remote deposit feature and just take a picture. \u05d1\u05d4\u05e6\u05dc\u05d7\u05d4!\""}
{"_id": "401456", "title": "", "text": "Which is why outside of Germany, you have abysmal unemployment rates. 23.6% in Greece. 19.6% in Spain. 11.7% in Italy. 10% in France. 11.2% in Portugal. The US unemployment rate during the Great Recession peaked at 10%.   You can have labor that is controlled like you mention and high unemployment or lower controls and less unemployment. Is it better to have high unemployment but workers that are better off or lower unemployment and workers that aren't as well off?   The Euro zone is forgetting how to be competitive. We live in an economy where price matters. The price of labor determines the prices of goods and services. And supply and demand of products and services are determined by prices. Its a cold hard truth."}
{"_id": "401465", "title": "", "text": "That's always been the case, though.  In fact, it might actually be *less* the case now.  In the past there was basically no way for small companies to know what was going on in the world, consumer trends, etc.  they couldn't afford the data big companies rely on.  Now that data is much more accessible.  Yes, big companies can burrow down into it more, but small companies have more than they ever did before.  At the end of the day, though, big companies are definitely going to be able to trample small ones - but then, they always have.  The real difference now is one of control.  50 years ago if you had stores in different states, they had to run almost independently.  Now, not only can you directly control everything they do, but you also have your internet store selling everywhere, that you directly control."}
{"_id": "401475", "title": "", "text": "&gt; from deciding they need additional capacity to having another 10k nodes online in a matter of a few months.   Thanks for your ideas on this. If they can adjust this quickly couldn't a price war be on the horizon?"}
{"_id": "401498", "title": "", "text": "You can do a trustee to trustee exchange. You will need to contact both companies to coordinate the paperwork. As long as both accounts are the same type (traditional\\Roth) you are fine.  You can also do a rollover where you have the check but there are some limitations and deadlines which are avoided by the trustee to trustee exchange. For example the IRS limits the number of rollovers to one a year. You can have multiple accounts of the same type. The annual contribution limits can be split across accounts. Rollovers and transfers are not part of annual contribution limits."}
{"_id": "401505", "title": "", "text": "&gt; You'll probably find that the majority of tech startups are looking for under $100k to get going. Check out kickstarter.com sometime.  Not from employees. By the time you're ready to hire, you should be past the point where $100k in sweat equity dribbled out over a four-year vesting period is worth bothering with another shareholder. Those kind of arrangements are normally reserved for founders.  People on kickstartr are looking for cash, not cheap labor. Founders usually lack the former and have plenty of their own time to supply the latter."}
{"_id": "401534", "title": "", "text": "Yeah, the differences between state economies is a pretty good argument for state wage control.  I just mean it's wrong to jump on the results of this and try to extrapolate to every other state like we saw in Seattle."}
{"_id": "401539", "title": "", "text": "Training is one thing that differentiates good teams and average teams. In these trainings, there are many things that are required. These are Martial arts equipments that the teams use every day in their training. These Cheap karate gi equipments are very important for teams to perform better in their games and also these are the elements that keep the team fit."}
{"_id": "401542", "title": "", "text": "You can thank hedge funds for that.   Was looking to buy a rental and the home sold for more than asking.  This happened 3 times.   Realtor told me that they are buying all the single family homes sight unseen.  As soon as a home under 250k goes up for sale,  it's sold in my city.   Since 2011 the average home buyer has had to out offer them significantly in order to get them."}
{"_id": "401551", "title": "", "text": "If you want to be safe, only claim deductions for which you have a receipt. This explanation may help."}
{"_id": "401552", "title": "", "text": "\"I think this problem of unemployment is rooted in our education system. With a more educated society that is able to create products and innovate, we can bypass \"\"service jobs\"\" and take our society as a WHOLE into the next generation of productive employment.\""}
{"_id": "401553", "title": "", "text": "I mean they can be, if you have simple enough tastes and roommates.  I don't understand why people feel like their first should give them everything.  Every entry level position shouldn't have to pay enough to support a family.  Spouses and teenagers should have the right to work as well, and their skill/pay level isn't going to be equal to someone supporting a family."}
{"_id": "401585", "title": "", "text": "If there is a plus side to American healthcare it is that the huge wealth it accumulates funds a lot of medical research and facilities. I've explored many American cities and the healthcare system is often a huge empire that keeps expanding until a large part of the city is consumed by the hospital and countless associated facilities. A college campus also grows into an empire of real estate. In some cities the healthcare empire and the higher education empire expand to border each other and then there is a battle for the remaining real estate. ;)  But often there is nothing else going on in these communities. No restaurants, no retail, no theater, no housing. It is all service related economic activity."}
{"_id": "401587", "title": "", "text": "My local credit Union has insured IRA accounts or IRA certificates that get the same low interest rates that non-IRA accounts receive. They get NCUA insurance, which is the equivalence of FDIC insurance."}
{"_id": "401589", "title": "", "text": "Sweet so you've spent the last six months sinking money into this and have made *hundreds* (your words).  You could have made *thousands* at a part time job but then you'd have had to admit your mom was right about everything.  No but seriously keep being funny because the rest of the internet (and I) love laughing at you.  All the best!"}
{"_id": "401598", "title": "", "text": "\"My broker offers the following types of sell orders: I have a strategy to sell-half of my position once the accrued value has doubled.  I take into account market price, dividends, and taxes (Both LTgain and taxes on dividends).  Once the market price exceeds the magic trigger price by 10%, I enter a \"\"trailing stop %\"\" order at 10%.  Ideally what happens is that the stock keeps going up, and the trailing stop % keeps following it, and that goes on long enough that accrued dividends end up paying for the stock.  What happens in reality is that the stock goes up some, goes down some, then the order gets cancelled because the company announces dividends or something dumb like that. THEN I get into trouble trying to figure out how to re-enter the order, maintaining the unrealized gain in the history of the trailing stop order.  I screwed up and entered the wrong type of order once and sold stock I didn't want to. Lets look at an example. a number of years ago, I bought some JNJ -- a hundred shares at 62.18.  - Accumulated dividends are 2127.75  - My spreadsheet tells me the \"\"double price\"\" is 104.54, and double + 10% is 116.16.  - So a while ago, JNJ exceeded 118.23, and I entered a Trailing Stop 10% order to sell 50 shares of JNJ.  The activation price was 106.41.  - since then, the price has gone up and down...  it reached a high of 126.07, setting the activation price at 113.45.  - Then, JNJ announced a dividend, and my broker cancelled the trailing stop order.  I've re-entered a \"\"Stop market\"\" order at 113.45.  I've also entered an alert for $126.07 -- if the alert gets triggered, I'll cancel the Market Stop and enter a new trailing stop.\""}
{"_id": "401628", "title": "", "text": "http://www.calcamo.net/loancalculator/simulation/fixed-rate-loan.php5 This website is a calculator only and has some extra features that take into account late payments, paying extra to reduce principal, and has the ability to export amortization table to excel that you could use to keep track of the loan.   If you are looking for a web site to manage and keep track of the whole process, reminder emails, accepting credit card payments, etc.. paybaq.com may be right for you."}
{"_id": "401641", "title": "", "text": "The world is changing. Your child\u2019s future job may not exist today. If they can learn to work through uncertainty and open-ended answers, and become superstars at problem solving, they\u2019ll have a life skill that can carry them far."}
{"_id": "401661", "title": "", "text": "Definitely makes sense, though it's nothing I know about.   My approach would be: research online (Google, find interviews, look at LinkedIn, Vault guides, WSO forums) how people get those jobs &amp; what exactly they entail. Then see (LinkedIn history, etc) how they got there, and find a pattern. Then talk to some (alums of your college, family friends, friends of friends, etc). Then you'll have a much better idea of what you need to do and how to do it."}
{"_id": "401677", "title": "", "text": "\"Summary: the fees used to differ but no longer do. Fees are the same. If you have a personal account, feel free to upgrade it to premier to get access to more features. Longer answer: the two account types USED to differ but that changed a few years ago (maybe circa 2011?). PayPal wants person-to-person payments to be free (except where they must pass along credit card charges or else they would loose their shirt) but wants to charge merchants for receiving payments. Originally PayPal required merchants to have premier (or business) accounts, and charged fees for payments made to those account types. Personal accounts had significant limitations on receiving payments, but did not pay fees upon receiving payments.  Eventually PayPal decoupled the question of \"\"is this a person-to-person payment or a payment to a merchant for goods and services?\"\" from the paypal account type. So now the same account can receive both a p2p payment (e.g. splitting lunch costs), on which it will NOT pay fees, and can receive a payment for goods or services e.g. from a web checkout, on which it WILL pay fees. Regardless of the account type.\""}
{"_id": "401678", "title": "", "text": "When in doubt, call (the card issuer) and ask. Ask if you overpay your current bill if the overpayment becomes available credit and tell them why you are asking. It can go either way."}
{"_id": "401704", "title": "", "text": "yeah, I was going to say that if your internship ends and you have no other option, you might as well take it for the experience and the chance to stay in the company until something more suited to your educational background comes along. Or you may actually like sales..."}
{"_id": "401724", "title": "", "text": "\"There are two issues. The first is that you can manage all of your family's money. The second issue arises if you now \"\"own\"\" all of your family's money. As far as entities go, it is best to keep money or assets in as many different hands as possible. Right now, if someone sued you and won, they could take away not only your money, but your parents' and brother's money, under your name. Also, there are gift, estate and inheritance tax consequences to your parents and brother handing all their money to you. You should have three or four separate \"\"piles\"\" of money, one for yourself, one for your brother and one for each of your parents, or at least both of them as a couple. If someone sued one parent, the other parent, your brother and you are protected. You can have all these piles of money under your management. That is, your parents and brother should each maintain separate brokerage accounts from yours, and then give you the authorization to trade (but not withdraw from) their accounts. This could all be at the same brokerage house, to make the reporting and other logistics relatively easy.\""}
{"_id": "401731", "title": "", "text": "\"Sorry, even if you never file a claim for Employment Insurance (EI), you don't get your premiums back. So, yes, if you paid into EI and never filed a claim, your contributions are, as you put it, \"\"wasted\"\" \u2013 insofar that your premiums provided no direct benefit to you. However, your premiums may have provided a benefit to society, perhaps even your previous colleagues.  Yet, some would point out that a good chunk of EI premiums are likely wasted on excessive administration of the program itself.  That's government. A couple of cases I'm aware of where you may be refunded some of the EI premiums paid are: Meaning, a legal way to avoid paying into the EI system altogether is to run your own business.  Of course, you won't be able to file an EI claim if your business evaporates overnight.  Other kinds of claims unavailable to those who don't pay into EI include maternity, parental*, and sickness benefits .. although they recently made some changes to permit the self-employed to opt-in for some special benefits. * except in the province of Quebec, where there is a separate Quebec Parental Insurance Plan (QPIP) that also covers the self-employed.\""}
{"_id": "401753", "title": "", "text": "Actually, share holder value is is better maximised by borrowing, and paying dividends is fairly irrelevant but a natural phase on a mature and stable company. Company finance is generally a balance between borrowing, and money raised from shares. It should be self evident with a little thought that if not now, then in the future, a company should be able to create earnings in excess of the cost of borrowing, or it's not a very valuable company to invest in! In fact what's the point of borrowing if the cost of the interest is greater than whatever wealth is being generated? The important thing about this is that money raised from shares is more expensive than borrowing. If a company doesn't pay dividends, and its share price goes up because of the increasing value of the business, and in your example the company is not borrowing more because of this, then the proportion of the value of the company that is based on the borrowing goes down. So, this means a higher and higher proportion of the finance of a company is provided by the more expensive share holders than the less expensive borrowing, and thus the company is actually providing LESS value to share holders than it might. Of course, if a company doesn't pay a dividend AND borrows more, this is not true, but that's not the scenario in your question, and generally mature companies with mature earnings may as well pay dividends as they aren't on a massive expansion drive in the same way. Now, this relative expense of share holders and borrowing is MORE true for a mature company with stable earnings, as they are less of a risk and can borrow at more favourable rates, AND such a company is LIKELY to be expanding less rapidly than a small new innovative company, so for both these reasons returning money to share holders and borrowing (or maintaining existing lending facilities) maintains a relatively more efficient financing ratio. Of course all this means that in theory, a company should be more efficient if it has no share holders at all and borrows ALL of the money it needs. Yes. In practise though, lenders aren't so keen on that scenario, they would rather have shareholders sharing the risk, and lending a less than 100% proportion of the total of a companies finance means they are much more likely to get their money back if things go horribly wrong. To take a small start up company by comparison, lenders will be leary of lending at all, and will certainly impose high rates if they do, or ask for guarantors, or demand security (and security is only available if there is other investment besides the loan). So this is why a small start up is likely to be much more heavily or exclusively funded by share holders. Also the start up is likely not to pay a dividend, because for a start it's probably not making any profit, but even if it is and could pay a dividend, in this situation borrowing is unavailable or very expensive and this is a rapidly growing business that wants to keep its hands on all the cash it can to accelerate itself. Once it starts making money of course a start up is on its way to making the transition, it becomes able to borrow money at sensible rates, it becomes bigger and more valuable on the back of the borrowing. Another important point is that dividend income is more stable, at least for the mature companies with stable earnings of your scenario, and investors like stability. If all the income from a portfolio has to be generated by sales, what happens when there is a market crash? Suddenly the investor has to pay, where as with dividends, the company pays, at least for a while. If a company's earnings are hit by market conditions of course it's likely the dividend will eventually be cut, but short term volatility should be largely eliminated."}
{"_id": "401768", "title": "", "text": "GlobalTradeConnect is a B2B company where You can find the listing of importers and exporters and grow your company. Our mission is to promote globally the manufacturer and seller's products and services. Our all listed user gets the complete trade deals; like to legal, accounting, real estate, human resources, marketing and advertising to successfully expand into the associates. Manufacturers directory can also be said as a B2B website where all the major producers of different groups of items are authorized."}
{"_id": "401775", "title": "", "text": "Personally I think as long as they aren't breaking any monopoly laws, then size isn't really an issue.   To put it another way, I'd be more concerned with Google Search having a 90% market share than with one company owning Google Search, Gmail, YouTube, Google Maps, and Android. The latter makes for a really huge company, but it's all different products and they all have competitors."}
{"_id": "401792", "title": "", "text": "Why? Because when I play a game, I use every rule to my advantage. It sounds like that's what he's doing. He's also created thousands of jobs that otherwise wouldn't exist.   I admire people with the inclination and skills to be a shrewd businessman. I don't know the guy personally, or much of anything about him. I'm mostly defending the practice of playing the game to win, and having the skills to do so."}
{"_id": "401806", "title": "", "text": "Tribes within which chiefs and elders occupy a position of privilege from which they expect tribute from those underneath them.  I would also hope modern society wishes more for itself than that which is available to tribes of primitive peoples."}
{"_id": "401807", "title": "", "text": "Yes, you can put assets in Canadian banks.  Will it protect your wealth to a greater extent than the FDIC protection provided by the US Government? Probably not. If you do business or spend significant time in Canada, then having at least some money in Canada makes sense. Otherwise, you're trying to protect yourself against some outlying risk of a US banking collapse, while subjecting yourself to a very real currency exchange risk."}
{"_id": "401816", "title": "", "text": "From an Indian perspective, this is what I would do. This typically would not only keep your credit score healthy but also give you additional benefits on spends."}
{"_id": "401818", "title": "", "text": "There are many things that can make a company's share price go up or down. Generally, over the long term, the more consistently profitable a company is the more its share price will go up. However, there are times when a company may not be making any profits yet but its share price still goes up. This can be due to forecasts that the company will start making profits in the near future. Sometimes a company may report increased profits from the previous year but makes less than what the market was expecting it to make. This can cause its share price to fall, as the market is disappointed in the results. In the shorter term greed, fear and speculation can make a company's share price move irrationally. When you think the share price should be going up it suddenly falls, and Vis-versa. When interest rates are low, companies with higher dividend yields (compared to bank account interest rates) become high in demand and their shares generally go up in price. As the share price goes up the dividend yield will be reduced unless the company continues to increase the dividend it distributes to shareholders. When interest rates start to rise these companies become less favourable as they are seen as higher risk comparable to similar returns from having one's money in the safety of the bank. This can cause the share prices to fall. These are just some of the reasons that make a company's share price move up or down. As humans are an irrational bunch often ruled by emotions, sometimes the reasons share prices move in a particular direction can be quite confusing, but that is the nature of the financial markets."}
{"_id": "401819", "title": "", "text": "\"I'm going to post this as an answer because it's from the GoFundMe website, but ultimately even they say to speak with a tax professional about it.  Am I responsible for taxes? (US Only) While this is by no means a guarantee, donations on GoFundMe are   simply considered to be \"\"personal gifts\"\" which are not, for the most   part, taxed as income in the US. However, there may be particular,   case-specific instances where the income is taxable (dependent on   amounts received and use of the monies, etc.).     We're unable to   provide specific tax advice since everyone's situation is different   and tax rules can change on a yearly basis. We advise that you   maintain adequate records of donations received, and consult with your   personal tax adviser.     Additionally, WePay will not report the funds   you collect as earned income. It is up to you (and a tax professional)   to determine whether your proceeds represent taxable income. The   person who's listed on the WePay account and ultimately receives the   funds may be responsible for taxes.     Again, every situation is   different, so please consult with a tax professional in your area. https://support.gofundme.com/hc/en-us/articles/204295498-Am-I-responsible-for-taxes-US-Only- And here's a blurb from LibertyTax.com which adds to the confusion, but enforces the \"\"speak with a professional\"\" idea: Crowdfunding services have to report to the IRS campaigns that total   at least $20,000 and 200 transactions. Money collected from   crowdfunding is considered either income or a gift. This is where things get a little tricky. If money donated is not a   gift or investment, it is considered taxable income. Even a gift could   be subject to the gift tax, but that tax applies only to the gift   giver. Non-Taxable Gifts These are donations made without the expectation of getting something   in return. Think of all those Patriots\u2019 fans who gave money to   GoFundMe to help defray the cost of quarterback Tom Brady\u2019s NFL fine   for Deflategate. Those fans aren\u2019t expecting anything in return \u2013   except maybe some satisfaction -- so their donations are considered   gifts. Under IRS rules, an individual can give another individual a   gift of up to $14,000 without tax implications. So, unless a Brady fan   is particularly generous, his or her GoFundMe gift won\u2019t be taxed. Taxable Income Now consider that same Brady fan donating $300 to a Patriots\u2019 business   venture. If the fan receives stock or equity in the company in return   for the donation, this is considered an investment and is not taxable   . However, if the business owner does not offer stock or equity in the   company, the money donated could be considered business income and the   recipient would need to report it on a tax return. https://www.libertytax.com/tax-lounge/two-tax-rules-to-know-before-you-try-kickstarter-or-gofundme/\""}
{"_id": "401832", "title": "", "text": "It actually depends on the services provided. If you're renting through AirBnB, you're likely to provide much more services to the tenants than a traditional rental. It may raise it to a level when it is no longer a passive activity. See here, for starters: Providing substantial services.   If you provide substantial services   that are primarily for your tenant's convenience, such as regular   cleaning, changing linen, or maid service, you report your rental   income and expenses on Schedule C (Form 1040), Profit or Loss From   Business, or Schedule C-EZ (Form 1040), Net Profit From Business. Use   Form 1065, U.S. Return of Partnership Income, if your rental activity   is a partnership (including a partnership with your spouse unless it   is a qualified joint venture). Substantial services do not include the   furnishing of heat and light, cleaning of public areas, trash   collection, etc. For information, see Publication 334, Tax Guide for   Small Business. Also, you may have to pay self-employment tax on your   rental income using Schedule SE (Form 1040), Self-Employment Tax. For   a discussion of \u201csubstantial services,\u201d see Real Estate Rents in   Publication 334, chapter 5"}
{"_id": "401848", "title": "", "text": "\"I can't speak for Canada but in the US banks and other financial industry firms will lobby the SEC to some extent over proposed regulations. Basically any time the SEC proposes a regulation they have a period where anyone, including financial firms, can comment on it via letters. The purpose here is for the regulators to get different perspectives on the regulation to help them shape rules that go far enough to protect investors but don't go so far as to over burden or harm the industries they're regulating.   Now obviously this can be a problem largely because financial firms of course are always going to be opposed to new extensive regulations but also because more often than not few investors/members of the public actually comment so the SEC gets a LOT more comments from the industry. The SEC frequently treats the volume of comments almost like \"\"votes\"\" so in return the massive volume of industry comments tends to shape their proposed regulations towards being more industry friendly. You can see this in action as a huge majority of revisions to proposed regulation is use to water down the proposed rules.   All in all, industry members lobbying and working with their regulators isn't inherently bad, after all these are the people/firms that know the industry best and so their feedback is valuable and can truly help regulators to make more efficient and effective rules but it certainly can be excessive and will undoubtedly cause bad optics.\""}
{"_id": "401856", "title": "", "text": "The essence of your question is whether it's worth 1000 to you to spread the payments over half a year.  The longer payment plan is just a loan and buying the loan costs you more money.  The question is whether you think the loan is a good price.  I suspect it's over-priced. The classic financial analysis would be whether you could get a better return on the loan (opportunity costs).  But we are talking about what are presumably not terribly big sums of money, so it may make more sense to analyze this amount of money in more personalized terms.  In that case, remember to consider the convenience: is it significantly easier to budget with the 6-month plan?  Watch out for other costs to the loan, such as late penalties and other loan fees. If you find the periodic payments convenient (or you have a short-horizon, high-yield investment), then the 6-month loan might work.  Otherwise, if you can afford it, it makes more sense to buy the phone upfront."}
{"_id": "401899", "title": "", "text": "\"I don't know much about New Zealand, but here are just some general thoughts on things to consider. The big difference between buying a house and investing in stocks or the like is that it is fairly easy to invest in a diversified array of stocks (via a mutual fund), but if you buy a house, you are investing in a single piece of property, so everything depends on what happens with that specific property.  This in itself is a reason many people don't invest in real estate.  Shares of a given company or mutual fund are fungible: if you buy into a mutual fund, you know you're getting the same thing everyone else in the fund is getting.  But every piece of real estate is unique, so figuring out how much a property is worth is less of an exact science.  Also, buying real estate means you have to maintain it and manage it (or pay someone else to do so).  It's a lot more work to accurately assess the income potential of a property, and then maintain and manage the property over years, than it is to just buy some stocks and hold them.   Another difficulty is, if and when you do decide to sell the property, doing so again involves work.  With stocks you can pretty much sell them whenever you want (although you may take a loss).  With a house you have to find someone willing to buy it, which can take time. So a big factor to consider is the amount of effort you're prepared to put into your investment.  You mention that your parents could manage the property for you, but presumably you will still have to pay for maintenance and do some managing work yourself (at least discussing things with them and making decisions).  Also, if you own the property for a long time your parents will eventually become too old to take care of it, at which point you'll have to rethink the management aspect. So that's sort of the psychological side of things.  As for the financial, you don't mention selling the house at any point.  If you never sell it, the only gain you get from it is the rent it brings in.  So the main factor to consider when deciding whether to buy it as a rental is how much you can rent it for.  This is going to be largely determined by where it is located. So from the perspective of making an investment the big question --- which you don't address in the info you provided --- is: how much can you rent this house for, and how much will you be able to rent it for in the future?  There is no way to know this for sure, and the only way to get even a rough sense of it is to talk with someone who knows the local real estate market well (e.g., a broker, appraiser, or landlord).  If the property is in an \"\"up-and-coming\"\" area (i.e., more people are going to move there in the future), rents could skyrocket; if it's in a backwater, rents could remain stagnant indefinitely. Basically, if you're going to buy a piece of real estate as a long-term investment, you need to know a lot about that property in order to make any kind of comparison with another investment vehicle like a mutual fund.  If you already live in the area you may know some things already (like how much you might be able to rent it for).  Even so, though, you should try to get some advice from trustworthy people who know the local real estate situation.\""}
{"_id": "401939", "title": "", "text": "\"It sounds like you need an index fund that follows so called Sustainability index. A sustainability index does not simply select \"\"socially responsible\"\" industries. It attempts to replicate the target market, in terms of countries, industries, and company sizes, but it also aims to select most \"\"sustainable\"\" companies from each category. This document explains how Dow Jones Sustainability World index is constructed (emphasis mine): An example of a fund following such index is iShares Dow Jones Global Sustainability Screened UCITS ETF, which also excludes \"\"sin stocks\"\".\""}
{"_id": "401941", "title": "", "text": "\"I see the problem more that the controversial is banned.  The mods took control of this subreddit under a pro-banking industry agenda.  To filter out criticism of the banking industry resulting from 2008 event including \"\"debate the morality of central banking\"\". r/finance is the most successful astroturfing of reddit I know of.  This has led to a filter of the controversial.  Throughtful, philosophical and scholarly posts [such as this one](http://www.reddit.com/r/finance/comments/ncez0/greece_will_default_minutes_after_its_last_major/) are either banned or pre-filtered.  The concern with pre-filtering things that the mods think are wrong, is that the mods haven't claimed any special expertise that makes them more knowledgeable than every submitter.  Personally, I've only been attacked ad hominem-ly without a discussion of presented ideas or concepts by mods here.  So it is possible to be too close-minded.  Leads to insular views without discussion.\""}
{"_id": "401952", "title": "", "text": "\"In general, yes. If interest rates go higher, then any existing fixed-rate bonds - and hence ETFs holding those bonds - become less valuable. The further each bond is from maturity, the larger the impact. As you suggest, once the bonds do mature, the fund can replace them at a market price, so the effect tails off. The bond market has a concept known as \"\"duration\"\" that helps reason about this effect. Roughly, it measures the average time from now to each payout of the bond, weighted by the payout. The longer the duration, the more the price will change for a given change in interest rates. The concept is just an approximation, and there are various slightly different ways of calculating it; but very roughly the price of a bond will reduce by a percentage equal to the duration times the increase in interest rates. So a bond with a duration of 5 years will lose 5% of its value for a 1% rise in interest rates (and of course vice-versa). For your second question, it really depends on what you're trying to achieve by diversifying - this might be best as a different question that gives more detail, as it's not very related to your first question. Short-term bonds are less risky. But both will lose value if the underlying company is in trouble. Gilts (government bonds) are less risky than corporate bonds.\""}
{"_id": "401960", "title": "", "text": "The only real competition I see in the US market is in the pre-paid service providers.  But they are just piggybacking off the networks of the larger carriers.  To have an actual functioning market they would have to be some legal framework that requires all carriers to share their networks at some reasonable fee rate and then put value added on top of that.  That is pretty much how the POTS worked.  We recognized that as a nation it is plainly ridiculous to compete on who can hang the most wires.  We lost that lesson and now we're letting carriers compete almost purely on who can erect the most towers.  AT&amp;T and Verizon are essentially the same company offering the same service.  The entire basis of their competition is who can get the most right of way access to install the most towers.  it's crazy."}
{"_id": "401961", "title": "", "text": "\"Property sold at profit is taxed at capital gains rate (if you held it for more than a year, which you have based on your previous question). Thus deferring salary won't change the taxable amount or the tax rate on the property. It may save you the 3% difference on the salary, but I don't know how significant can that be. The 25% depreciation recapture rate (or whatever the current percentage is) is preset by your depreciation and cannot be changed, so you'll have to pay that first. Whatever is left above it is capital gains and will be taxed at discounted rates (20% IIRC). You need to make sure that you deduct everything, and capitalize everything else (all the non-deductible expenses and losses with regards to the property). For example, if you remodeled - its added to your basis (reduces the gains). If you did significant improvements and changes - the same. If you installed new appliances and carpets - they're depreciated faster (you can appropriate part of the sale proceeds to these and thus reduce the actual property related gain). Also, you need to see what gain you have on the land - the land cannot be depreciated, so all the gain on it is capital gain. Your CPA will help you investigating these, and maybe other ways to reduce your tax bill. Do make sure to have proper documentation and proofs for all your claims, don't make things up and don't allow your CPA \"\"cut corners\"\". It may cost you dearly on audit.\""}
{"_id": "401962", "title": "", "text": "Oh yes, it is absolutely the problem of the consumers. After all how is the bank to know how it should be doing business unless the customer explains it to them?  Please read the other comments about how the customer has verified receipt of some critical document and then they claim that they don't have it. Sure they are very nice on the phone, but that doesn't help when I have to take time out of my work day to call them repeatedly."}
{"_id": "401979", "title": "", "text": "&gt;have around 6 college students currently working under me just sifting through patterns and watching real time news feed  Ever thought about automation? Might be cheaper to pay 1 or 2 programmers a few months to set things up."}
{"_id": "401985", "title": "", "text": "\"#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Parable of the broken window**](https://en.wikipedia.org/wiki/Parable%20of%20the%20broken%20window): [](#sfw)   ---  &gt;The __parable of the broken window__ was introduced by [Fr\u00e9d\u00e9ric Bastiat](https://en.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Bastiat) in his 1850 essay *Ce qu'on voit et ce qu'on ne voit pas* (*[That Which Is Seen and That Which Is Unseen](https://en.wikipedia.org//en.wikisource.org/wiki/That_Which_Is_Seen,_and_That_Which_Is_Not_Seen)*) to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society. The [parable](https://en.wikipedia.org/wiki/Parable), also known as the __broken window fallacy__ or __glazier's fallacy__, seeks to show how [opportunity costs](https://en.wikipedia.org/wiki/Opportunity_costs), as well as the [law of unintended consequences](https://en.wikipedia.org/wiki/Unintended_consequences), affect economic activity in ways that are \"\"unseen\"\" or ignored.  &gt;  ---  ^Interesting: [^Fr\u00e9d\u00e9ric ^Bastiat](https://en.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Bastiat) ^| [^Opportunity ^cost](https://en.wikipedia.org/wiki/Opportunity_cost) ^| [^Broken ^windows ^theory](https://en.wikipedia.org/wiki/Broken_windows_theory)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjzyvts) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjzyvts)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)\""}
{"_id": "401993", "title": "", "text": "Most of the responses to your networking question are posed in a negative light. Flip it on it's head- be positive about your potential connections.  I have personally gotten in touch with some of my billionaire heroes by doing something simple. Not easy, but simple. I added **value** for them. How can you add value for a billionaire? Put yourself in their shoes.  The ones I reached out to are professional investors- what I also enjoy- and so I went about looking through the investments they own, etc. and found ways to add value. Hope that helps."}
{"_id": "402006", "title": "", "text": "I can see that dollars are more useful than Yuan (after all, in my example, Russia may wish to buy from countries other than China).  What proportion of, say, international trade by Japan with countries other than the US is conducted in dollars?"}
{"_id": "402010", "title": "", "text": "No such account exists as capital gains aren't realized until holdings are sold. For example: OR  Both scenarios would result in you owing the appropriate taxes on a $40 gain from the dividends.   The $100 gain or $100 loss that isn't realized (you haven't sold the stock) isn't accounted for until the year of sale."}
{"_id": "402015", "title": "", "text": "\"I was going to reply to your comment with something insightful, but then really all I could think was...  BWAAAHAHAHAAAHAAAHAHAHAAAAAA  Which pretty much sums up what good it will do for us, the \"\"little people\"\", to just waste our time having the same \"\"fuck the bankers\"\" debate over again.  Let's face it, we've pretty much lost.  Little short of civil war will actually restore the balance these days.\""}
{"_id": "402046", "title": "", "text": "Ending up with nothing is an unlikely situation unless you invest 100% in a company stock and the company goes under. In order to give you a good answer we need to see what options your employer gives for 401k investments. The best advice would be to take a list of all options that your employer allows and talk with a financial advisor. Here are a few options that you may or may not have as an option from an employer: Definitions from wikipedia: A target-date fund \u2013 also known as a lifecycle, dynamic-risk or age-based fund \u2013 is a collective investment scheme, usually a mutual fund, designed to provide a simple investment solution through a portfolio whose asset allocation mix becomes more conservative as the target date (usually retirement) approaches. An index fund or index tracker is a collective investment scheme (usually a mutual fund or exchange-traded fund) that aims to replicate the movements of an index of a specific financial market... An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.[1] An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day. Most ETFs track an index, such as a stock index or bond index. ETFs may be attractive as investments because of their low costs, tax efficiency, and stock-like features. The capital stock (or stock) of an incorporated business constitutes the equity stake of its owners. Which one can you lose everything in? You can lose everything in stocks by the company going under. In Index funds the entire market that it follows would have to collapse. The chances are slim here since the index made up of several companies. The S&P 500 is made up of 500 leading companies publicly traded in the U.S.  A Pacific-Europe index such as MSCI EAFE Index is made up of 907 companies. The chances of losing everything in an ETF are also slim. The ETF that follows the S&P 500 is made up of 500 companies. An Pacific-Europe ETF such as MSCI EAFE ETF is made up of 871 companies. Target date funds are also slim to lose everything. Target date funds are made up of several companies like indexes and etfs and also mix in bonds and other investments depending on your age. What would I recommend? I would recommend the Index funds and/or ETFs that have the lowest fee that make up the following strategy for your age: Why Not Target Date Funds or Stocks? Target date funds have high fees. Later in life when you are closer to retirement you may want to add bonds to your portfolio. At that time if this is the only option to add bonds then you can change your elections. Stocks are too risky for you with your current knowledge. If your company matches by buying their stock you may want to consider reallocating that stock at certain points to your Index funds or ETFs."}
{"_id": "402051", "title": "", "text": "(a) 5 funds for $15K is not too many or too few ? A bit high as I'd wonder if you've thought of how you'll rebalance the funds over time so you aren't investing too much in a particular market segment. I'd also question if you know what kinds of fees you may have with those funds as some of Vanguard's index funds had fees if the balance is under $10K that may change how much you'll be paying. From Vanguard's site: We charge a $20 annual account service fee for each Vanguard fund with   a balance of less than $10,000 in an account. This fee doesn\u2019t apply   if you sign up for account access on Vanguard.com and choose   electronic delivery of statements, confirmations, and Vanguard fund   reports and prospectuses. This fee also doesn\u2019t apply to members of   Flagship\u00ae, Voyager Select\u00ae, and Voyager Services\u00ae. So, if you don't do the delivery this would be an extra $100/year that I wonder if you factored that into things here. (b) Have I diversified my portfolio too much or not enough ? Perhaps I   am missing something that would be recommended for the portfolio of   this kind with this goal. Both, in my opinion. Too much in the sense that you are looking at Morningstar's style box to pick a fund for this box and that which I'd consider consolidating on one hand yet at the same time I notice that you are sticking purely to US stocks and ignoring international funds. I do think taxes may be something you haven't considered too much as stocks will outgrow most of those funds and trigger capital gains that you don't mention at all. (c) If not my choice of my portfolio, where would you invest $15K   under similar circumstances and similar goals. What is the goal here? You state that this is your first cash investment but don't state if this is for retirement, a vacation in 10 years, a house in 7 years or a bunch of other possibilities which is something to consider. If I consider this as retirement investments, I'd like pick 1 or 2 funds known for being tax-efficient that would be where I'd start. So, if a fund goes down 30%, that's OK? Do you have a rebalancing strategy of any kind? Do you realize what taxes you may have even if the fund doesn't necessarily have gains itself? In not stating a goal, I wonder how well do you have a strategy worked out for how you'll sell off these funds down the road at some point as something to ponder."}
{"_id": "402062", "title": "", "text": "All these news articles are starting to make me think that the president is the only one who exists and the rest of us don't play a role in the economy. Don't get me wrong, I can't wait to give this guy the boot in November. But these posts detract us from the fact that other groups created problems too that they need to take responsibility for."}
{"_id": "402067", "title": "", "text": "In credit means you have over paid.  I tried with my account. After clearing my bill to 0.0 I paid an extra \u00a310 just to confirm the that money appeared as \u00a310 in credit on the energy website."}
{"_id": "402091", "title": "", "text": "\"This is a really interesting question and something a lot of work is being done to understand.  I'm going to look at the closely related question \"\"Do non market-cap etf weighting methods consistently outperform once you take into account their investment biases?\"\" Let's use revenue weighting as a reason why investment biases are so important.  In revenue weighting, you would own almost no fast-growing tech companies as they generally have little revenue.   This sounds great if we are talking about say Pets.com in the late 90s but you also would miss most of the rise of Google. To believe in these ETFs consistently outperform (adjusted for risk) you would have to have a strong reason to believe that earnings, sales, or dividends are a better predictor of company value than market value.  Market analysts include the above three metrics and many more when pricing stocks so out-performance using only one of the above metrics seems unlikely. There is one caveat to this and that is value and small cap stocks have been shown to give slightly better risk-adjusted returns in the very long run (see Fama/French) and many of these alternative weighting methods will have a value or small cap bias.  First, it is unclear if this out-performance will continue now that it is more widely known.  Second, even if you believe this will continue you can more easily and cheaply get this bias though value/small-cap etfs than these weighting schemes. In the end, the only thing that is perfectly clear is that higher fee investments will generally under-perform.\""}
{"_id": "402094", "title": "", "text": "This is certainly possible. There are lots of strategies that involve taking out loans to invest. However, they are all high risk strategies. There's a school district for a major US city that was able to get incredibly favorable loan terms because their repayment was assured by law. They borrowed a bunch of money and put it into a variety of sure things insured by reliable companies like Lehman Brothers. You can figure out the rest."}
{"_id": "402112", "title": "", "text": "a smaller spread indicates a flat yield curve, which means banks and investors are uncertain about future economic conditions (like the current environment).   When the spread widens and the curve becomes upward sloping (considered a normal yield curve), investors expect future growth and minimal inflation. Longer term rates increase as investors demand a higher yield in return for lending their money for a longer period of time. Increase demand for credit (industries expanding) also drive up longer term rates.   A negative spread indicates an inverted yield curve and investors believe the economy is overheating and interest rates will fall. Investors pull money out of the stock market and into long term bonds (raising the price, lowering the yield) while companies stop borrowing, reducing the demand for credit and lower the cost, or interest rate, on a loan.   Keep in mind central banks determine short term rates, so inverted curves are rare in the sense the market perceives uncertainty and rushes to safety (bonds) before the central bank reacts and lowers short term rates."}
{"_id": "402115", "title": "", "text": "\"I would definitely keep working because Social Security pays out for people with permanent disabilities, but it's dependant on working and paying into to Soc Security for a period of time. Here's a link to the info. http://www.ssa.gov/pubs/10029.html#part2 If your 401k has an employer match,then the no brainer answer is \"\"YES!', otherwise you are just leaving money on the table. Even if there isn't, I think they are good vehicles for saving money while deferring interest.\""}
{"_id": "402121", "title": "", "text": "I think this has to do with the fact that the interest is charged to your balance and grows everyday. As a result, the computer broke it down so that it can capitalize on that remaining balance. If your regular student loan payment was $500 a month at 5% interest, but your balance became $499, spreading out the $499, they can make more money off you. It might not be a lot, or in your case essentially 0, but it could be better than nothing."}
{"_id": "402146", "title": "", "text": "\"I honestly think it's a interesting topic! Cryptocurrencies are going to be the future. But to what extent is the question. Investing is a fun idea to me but there is just no definitive answer because it's pure speculation. I personally think investing in it would be a very wise decision but it will be extremely risky. \"\"Don't put all your coins in the same Pac-Man machine\"\"\""}
{"_id": "402153", "title": "", "text": "We believe that every item should be protected with some significant level protection using Vinyl coated woven polyester mesh fabric. With that perspective, they provide services to their customers which include fencing of the swimming pool, placemats for the protective purpose."}
{"_id": "402173", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.citylab.com/equity/2017/09/the-how-and-why-of-inclusive-growth/541422/) reduced by 90%. (I'm a bot) ***** &gt; In our increasingly unequal cities, inclusion is good for growth, and growth is good for inclusion.  &gt; The report draws from the experience of Brookings Metro Policy Program&amp;#039;s Inclusive Economic Development Lab, a six-month pilot project that worked with regional EDOs in three metros-Indianapolis, Nashville, and San Diego-to develop more effective strategies to frame inclusive growth as an economic imperative.  &gt; As one economic development official said to me recently: &amp;quot;For too long we emphasized economic growth, and that has helped accentuate many of the problems our cities and regions now face. Our profession is called economic development and that&amp;#039;s what we should emphasize; not just growth but the full development of our people, neighborhoods and communities.&amp;quot; That&amp;#039;s what the budding movement for inclusive growth and prosperity is about.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73aqjn/to_fight_inequality_cities_need_inclusive_growth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219138 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **growth**^#1 **economic**^#2 **EDO**^#3 **inclusive**^#4 **more**^#5\""}
{"_id": "402174", "title": "", "text": "I use GnuCash which I really like.  However, I've never used any other personal finance software so I can't really compare.  Before GnuCash, I used an Excel spreadsheet which works fine for very basic finances. Pros Cons"}
{"_id": "402179", "title": "", "text": "Yes, this can and does certainly happen. When two companies each own stock in each other, it's called a cross holding. I learned about cross holdings in reference to Japanese companies (see Wikipedia - Keiretsu) but the phenomenon is certainly not exclusive to that jurisdiction.  Here are a few additional references:"}
{"_id": "402194", "title": "", "text": "I remember hearing a story about how on Monty Python's Flying Circus they wanted to pull a prank like this. For one episode they wanted to every so slowly pot down the volume of the show independent of the skits going on. That way the viewers would be constantly turning up the volume. Then at the end of the show set the volume to the normal level and have it blast everyone. Sadly the BBC said no."}
{"_id": "402216", "title": "", "text": "\"Generally if you are using FIFO (first in, first out) accounting, you will need to match the transactions based on the number of shares. In your example, at the beginning of day 6, you had two lots of shares, 100 @ 50 and 10 @ 52.  On that day you sold 50 shares, and using FIFO, you sold 50 shares of the first lot.  This leaves you with 50 @ 50 and 10 @ 52, and a taxable capital gain on the 50 shares you sold. Note that commissions incurred buying the shares increase your basis, and commissions incurred selling the shares decrease your proceeds.  So if you spent $10 per trade, your basis on the 100 @ 50 lot was $5010, and the proceeds on your 50 @ 60 sale were $2990.  In this example you sold half of the lot, so your basis for the sale was half of $5010 or $2505, so your capital gain is $2990 - 2505 = $485. The sales you describe are also \"\"wash sales\"\", in that you sold stock and bought back an equivalent stock within 30 days.  Generally this is only relevant if one of the sales was at a loss but you will need to account for this in your code.  You can look up the definition of wash sale, it starts to get complex. If you are writing code to handle this in any generic situation you will also have to handle stock splits, spin-offs, mergers, etc. which change the number of shares you own and their cost basis.  I have implemented this myself and I have written about 25-30 custom routines, one for each kind of transaction that I've encountered.  The structure of these deals is limited only by the imagination of investment bankers so I think it is impossible to write a single generic algorithm that handles them all, instead I have a framework that I update each quarter as new transactions occur.\""}
{"_id": "402222", "title": "", "text": "\"&gt;Boy, you are so disappointed that Trump cut the debt more than any other president in this short time... because \"\"it not enough\"\"?   What are you talking about? Did you read what I said at all or are you just projecting your insecurity?\""}
{"_id": "402230", "title": "", "text": "I have an opposite view from all the other contributions here. Why not consider starting your own business. With the little money you have the return will most times be much higher than stocks return. The business is yours; you keep the business and the profit streams in the long term. Simply find businesses you can even start with a 100 or 200 euros and keep the rest with your bank. this is a sure way to become millionaire my friends."}
{"_id": "402234", "title": "", "text": "Here's how this would happen:  * We elect someone who cuts the TSA budget and relaxes security protocols so lines still move.  * People who own, benefit from, or live off of government contracts for airport security lose money  * Same people stage a terrorist attack that's an inside job, ensuring that it sparks outrage at the TSA and security budget cuts.  * Everyone blames the person and they resign.  * TSA budget is back in place, and government/corporate corruption reigns supreme.  EDIT:  The shoe bomber was an inside job to get full body scanner contracts.  Look it up."}
{"_id": "402240", "title": "", "text": "Whether or not it's reasonable is a matter of opinion, but there are certainly cheaper options out there. It does seem strange to me that your credit union charges a percentage of your assets rather than a flat fee since they shouldn't have to do any more work based on how much money you have invested. I would look into rolling over your IRA to Vanguard or Fidelity. Neither charge administrative fees, and they offer no-load and no-transaction fee funds with low expenses. If you went with Fidelity directly, you'd be bypassing the middle man (your credit union) and their additional administrative fees. Vanguard tends to offer even cheaper funds."}
{"_id": "402249", "title": "", "text": "Some of this is demand management.  The local BJ's wholesale club sells gas $0.10-0.15/gallon less than the prevailing rate. Typically there are lines of 3-5 cars waiting for a pump during busy periods. People are price-conscious when buying gas, which draws crowds and the retailer actually wants a line -- the whole point of the gas station is to draw traffic to the warehouse club. Other gas stations have the opposite problem -- big crowds lead to fewer people buying food and drinks in the convenience store, which is where the business actually makes its money. They want a steady stream of people. In my area, there is a gas station that is on a busy intersection right off the highway ramp going to the airport. Their problem is that people returning rental cars used to swarm the gas station and cause traffic tie-ups on the road -- a problem averted by marking up the gas $0.30."}
{"_id": "402269", "title": "", "text": "I can think of two services off the top of my head that offer free credit score information here in the UK. One being from one of the big three. No legal requirement to offer that service for free to consumers as far as I'm am aware  There's probably other services too.."}
{"_id": "402273", "title": "", "text": "You can see some IRS info on distinguishing a business from a hobby here.  Nolo also has some info. The upshot is that you can only deduct losses if your activity is, in the judgement of the IRS, a for-profit endeavor.  You don't have to make a profit right away, or make a profit every year, for it to be a for-profit endeavor, but you have to be able to convince the IRS that you're doing it in order to (eventually) make a profit, not just for fun.  You can't just keep deducting the losses year after year if (as in the worst case you suggest) it never makes a profit and doesn't seem to have any chance of doing so."}
{"_id": "402275", "title": "", "text": "The other reason you might want to keep receipts is if you do any freelancing or contract work, for your business expenses. You can take a picture of the receipts with your phone, or scan them - you don't have to keep the paper copies."}
{"_id": "402292", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-09/richard-h-thaler-wins-2017-nobel-economics-prize) reduced by 87%. (I'm a bot) ***** &gt; University of Chicago&amp;#039;s Richard H. Thaler, one of the founders of behavioral finance, was awarded the 2017 Nobel Prize in Economics for shedding light on how human weaknesses such as a lack of rationality and self-control can ultimately affect markets.  &gt; Last year&amp;#039;s economics prize went to Harvard University&amp;#039;s Oliver Hart and Bengt Holmstrom of the Massachusetts Institute of Technology for their work on contract theory and its role in shaping everything from executive pay to public sector privatizations.  &gt; The economics award brings to an end this year&amp;#039;s Nobel prize cycle.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/758ttt/richard_h_thaler_wins_2017_nobel_economics_prize/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224837 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Prize**^#1 **work**^#2 **economic**^#3 **Thaler**^#4 **University**^#5\""}
{"_id": "402306", "title": "", "text": "It's incredibly difficult to beat the market, especially after you're paying out significant fees for managed funds. The Bogleheads have some good things going for them on their low cost Vanguard style funds. The biggest winners in the financial markets are the people collecting fees from churn or setting up the deals which take advantage of less sophisticated/connected players. Buy, Hold and Forget has been shown as a loser as well in this recession. Diversifying and re-balancing however takes advantage of market swings by cashing out winners and buying beaten down stocks. If you take advantages of general market highs and lows (without worrying about strict timing) every few months to re-balance, you buy some protection from crashes in any given sector. One common guideline is to use your age as the percentage of your holdings that are in cash equivalents, rather than stocks. At age 28, at least 28% of my account should be in bonds, real estate, commodities, etc. This should help guide your allocation and re-balancing strategy. Finally, focusing on Growth and Income funds may give you a better shot at above S&P returns, but it's wise to hold a small percentage in the S&P 500 as well."}
{"_id": "402314", "title": "", "text": "AU rates are higher than 3.75%. The market for deposits here in Australia is very competitive (banks have change increased deposits as a share of liabilities from ~50% to ~60% in just the last few years) and, as a result, demand deposits here pay far more than the central bank rate. My demand savings account, for example, pays 4.95%.   That AU-US interest differentials are so staggeringly high means that, inmevitably, lots of investors are carrying. Depending of FX moves over the next year, a lot of investors will either gain heaps or lose more. If you can leverage, you can gain even more (or lose the house)."}
{"_id": "402325", "title": "", "text": "\"&gt; So I asked this question in /r/DebateaCommunist and got some interesting answers, mostly about how banks exist to make money out of nowhere and to fool people. What do yall have to say?  That isn't what they said. Nobody mentioned fooling people from what I can see from a cursory glance. And if they did, they're being facetious.  Also, they didn't mean \"\"make money from thin air\"\" in the sense of it being a magical trick. They make money from a sort of market inefficiency: they broker between people who want to invest money and those who want to borrow it.  The top two answers are about right: a bank borrows money from investors (who deposit money in checking and savings accounts), and lends it to borrowers in the form of loans or mortgages. The difference between the interest rates is their profit.  You deposit $1000 with me at 2% for 20 years. I give you $1485.95 at the end of that term. Where did I get the extra five hundred books? Well I lent it out in mortgages over the same terms at 6% and received $3207.14 over the same period of time. Your $1000 made you $485.95, and made me $1721.19 which I keep for the purposes of providing you with ATMs, dealing with bad debts and staffing the place. Simple, eh?  Of course, they also provide other services in addition to this, and the way in which they do it is regulated, but that's all a bank is at its core.  A central bank is slightly different: they issue money (i.e. \"\"print\"\" it), and supply it at a headline interest rate to the commercial banks. And of course banks borrow amongst themselves. But then we get ourselves down the rabbit hole of \"\"grown up\"\" economics and LIBOR and the like... there are whole textbooks used to explain exactly how that mechanism works and what's going on there.  But if you want to get rich, find a way to start a bank. Seriously. Doing it to the old school way is seriously profitable if you can be trusted.\""}
{"_id": "402327", "title": "", "text": "\"The P11D is a record of the total benefits you've received in a tax year that haven't been taxed in another way, a bit like the P60 is a record of the total pay and tax you've paid in a tax year. Note that travel for business purposes shouldn't be taxable, and if that's what's being reported on the P11D you may need to make a claim for tax relief to HMRC to avoid having to pay the tax. I'm not sure whether it's normal for such expenses to be reported there. HMRC will normally collect that tax by adjusting your tax code after the P11D is issued, so that more tax is taken off your future income. So you don't need to do anything, as it'll be handled automatically. As to how you know it's accurate, if you have any doubts you'd need to contact your former employer and ask them to confirm the details. In general you ought to know what benefits you actually received so should at least be able to figure out if the number is plausible. If your \"\"travel\"\" was a flight to the USA, then probably it was. If it was a bus ticket, less so :-) If you fill in a tax return, you'll also have to report the amount there which will increase the tax you owe/reduce your refund. You won't be charged twice even if your tax code also changes, as the tax return accounts for the total amount of tax you've already paid. For travel benefits, the exact treatment in relation to tax/P11Ds is summarised here.\""}
{"_id": "402331", "title": "", "text": "ATMs have had repeated attack vectors over the years they have proved to be quite vulnerable over and over. Worse than that many of the attacks haven't been fixed either, its only secrecy of the attack vectors that save them.  But that isn't an us issue, its an issue for the bank and if they loose money due to hacks then that happens and it impacts on their profits."}
{"_id": "402332", "title": "", "text": "You would still be the legal owner of the shares, so you would almost certainly need to transfer them to a broker than supports the Hong Kong Stock Exchange (which allows you to trade on the Shanghai exchange). In order to delist they would need to go through a process which would include enabling shareholders to continue to access their holdings."}
{"_id": "402348", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://voxeu.org/article/investing-roads-versus-schools) reduced by 94%. (I'm a bot) ***** &gt; Although public investment in roads represents an important engine of growth for many developing countries, investing in schools would appear to be an even more pressing need for them.  &gt; For a prolonged time the economy enjoys faster growth by investing only in roads, and it takes about a generation for the output obtained by investing in schools to overtake that delivered by investing in roads.  &gt; On the one hand, it shrinks the delay with which output resulting from investing in schools overtakes that from investing in roads and results in very similar paths of public debt.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tkm6v/is_it_better_to_invest_in_roads_or_schools/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~190257 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **schools**^#1 **investment**^#2 **public**^#3 **roads**^#4 **spend**^#5\""}
{"_id": "402349", "title": "", "text": "Last time something like this happened we (eventually) created the New Deal, which greatly mitigated the problem..for a while at least, until the elite reclaimed power.   I agree with you, but I don't think we're doomed. Things will have to get a lot worse until people see the problems though, but still then I wouldn't expect a socialist uprising, but just another new deal to buy off the non-elite."}
{"_id": "402362", "title": "", "text": "You\u2019re asking for a loan value that\u2019s equal to 20% of your income. You need to calculate all bills that you pay and see what you have left over. If your current bills are more than 65-70% of your income you\u2019ll have a tough time getting a loan."}
{"_id": "402364", "title": "", "text": "\"What does stupid have to do with it?  There's nothing unreasonable about the proposition, and frankly, the public has very little sympathy with organized labor right now.    \"\"Oh, you think your job is lousy?  Well so's mine, and I still owe fifty thousand on the degree I needed to get it, so suck it up.\"\"\""}
{"_id": "402376", "title": "", "text": "\"I'd strongly advise against this though as you'll create a connection on each of your Credit Reports to the other individual. If either of you have major debt problems down the line, you'll have to \"\"disassociate\"\" yourselves with the credit agencies to break the link. Why not just have an envelope of cash that you use to go shopping with? No hassle and you can keep it safe somewhere in the house...\""}
{"_id": "402381", "title": "", "text": "&gt; will get hit with a 10% penalty plus income tax.  Can I confirm this with you?  I am aware of 20% withholding, but the 10% penalty, in my memory, was only with regards to *in-service* withdrawals, or things like an unpaid loan being deemed a distribution.  If an employee terminated from the company, there was no 10% penalty on withdrawal.  I've kept up a little bit, but it's been 15 years since I was administering pensions day-to-day!"}
{"_id": "402404", "title": "", "text": "\"Take a look at IRS Publication 15. This is your employer's \"\"bible\"\" for withholding the correct amount of taxes from your paycheck. Most payroll systems use what this publication defines as the \"\"Percentage Method\"\", because it requires less data to be entered into the system in order to correctly compute the amount of withholding. The computation method is as follows: Taxes are computed \"\"piecewise\"\"; dollar amounts up to A are taxed at X%, and then dollar amounts between A and B are taxed at Y%, so total tax for B dollars is A*X + (B-A)*Y. Here is the table of rates for income earned in 2012 on a daily basis by a person filing as Single: To use this table, multiply all the dollar amounts by the number of business days in the pay period (so don't count more than 5 days per week even if you work 6 or 7). Find the range in which your pay subject to withholding falls, subtract the \"\"more than\"\" amount from the range, multiply the remainder by the \"\"W/H Pct\"\" for that line, and add that amount to the \"\"W/H Base\"\" amount (which is the cumulative amount of all lower tax brackets). This is the amount that will be withheld from your paycheck if you file Single or Married Filing Separately in the 2012 TY. If you file Married Filing Jointly, the amounts defining the tax brackets are slightly different (there's a pretty substantial \"\"marriage advantage\"\" right now; withholding for a married person in average wage-earning range is half or less than a person filing Single.). In your particular example of $2500 biweekly (10 business days/pp), with no allowances and no pre-tax deductions: So, with zero allowances, your employer should be taking $451.70 out of your paycheck for federal withholding. Now, that doesn't include PA state taxes of 3.07% (on $2500 that's $76.75), plus other state and federal taxes like SS (4.2% on your gross income up to 106k), Medicare/Medicaid (1.45% on your entire gross income), and SUTA (.8% on the first $8000). But, you also don't get a refund on those when you fill out the 1040 (except if you claim deductions against state income tax, and in an exceptional case which requires you to have two jobs in one year, thus doubling up on SS and SUTA taxes beyond their wage bases). If you claim 3 allowances on your federal taxes, all other things being equal, your taxable wages are reduced by $438.45, leaving you with taxable income of $2061.55. Still in the 25% bracket, but the wages subject to that level are only $619.55, for taxes in the 25% bracket of $154.89, plus the withholding base of $187.20 equals total federal w/h of $342.09 per paycheck, a savings of about $110pp. Those allowances do not count towards other federal taxes, and I do not know if PA state taxes figure these in. It seems odd that you would owe that much in taxes with your withholding effectively maxed out, unless you have some other form of income that you're reporting such as investment gains, child support/alimony, etc. With nobody claiming you as a dependent and no dependents of your own, filing Single, and zero allowances on your W-4 resulting in the tax withholding above, a quick run of the 1040EZ form shows that the feds should owe YOU $1738.20. The absolute worst-case scenario of you being claimed as a dependent by someone else should still get you a refund of $800 if you had your employer withhold the max. The numbers should only have gotten better if you're married or have kids or other dependents, or have significant itemized deductions such as a home mortgage (on which the interest and any property taxes are deductible). If you itemize, remember that state income tax, if any, is also deductible. I would consult a tax professional and have him double-check all your numbers. Unless there's something significant you haven't told us, you should not have owed the gov't at the end of the year.\""}
{"_id": "402406", "title": "", "text": "I am a junior analyst at a fund of funds. I spend most of my time working on streamlining our process by helping one of the senior analysts create new models to replace our spreadsheets. I work during the summer since I am a student. The rest of my time in the office I simply research managers that we are looking into for the PM's and senior analysts. You definitely want good excel skills as an analyst. Coding is also a good skill to have depending on what sort of role you play."}
{"_id": "402410", "title": "", "text": "PS: I have made no money. I am an Apple fan Boy - 12 year certed tech and former genius. I am running ios11pb2 on my 7plus.   Just as Horace Deidu showed us where the industry was discounting Apple back with the rise of the iPhone &amp; ipad, Ben Thompson at stratechery has been writing article after article about Amazon\u2019s strategy.   And everything he has been writing for a couple years now about amazon is coming true - and it is a good lens to view the Whole Food purchase.   However the stock turns out has no bearing on what the company is doing nor is a remotely reasonable way to compare companies.   Being an Apple fan since the stock was 13/share has taught me that."}
{"_id": "402429", "title": "", "text": "Lets be honest. Credit bureaus are too integral to the financial system. Equifax wont see any consequences from any of this, and none of the executives responsible will be held accountable. The investors, executives, and government officials all know that this crisis will blow over after a few weeks and everybody will forget it happened. Hell, the mainstream media have barely even covered it, and everyone i talk to about it either doesnt care, doesnt understand the impact, or doesnt even know what Equifax is."}
{"_id": "402437", "title": "", "text": "\"&gt; The base value from infrastructure is derived on a per-capita basis. It is a \"\"fixed cost\"\" as opposed to a variable one. In other words, roads are just as useful to me as they are to you regardless of my net worth.     A1: Misleading: Infrastructure is useful to those who use it more independently of classifying it as [fixed vs variable](http://en.wikipedia.org/wiki/Fixed_cost). Take the FAA for example. The poor who cannot afford a plane ticket and/or order things via next-day air derive very little benefit from the FAA compared to a person who owns their own aircraft and can fly out at a moments notice knowing full well they can file a flight plan and communicate with a network of airports to ensure their plane will not crash into any other jets.   &gt;A tank, a missile, a police officer protects me the same as it does anyone else.   A2: But, A person with more net worth has more to lose than a person with low net worth. Therefore, even independent of A1 above, your statement is false. Those examples protect those with more property/net-worth/etc more-so than those with less.   &gt; B) As a percentage of income, infrastructure is far more valuable to low-income individuals than high-income individuals  It depends on the infrastructure: But there is far more infrastructure protecting the wealthy than the poor. Your example is the stock market. Why should the vast majority of people pay for SEC and rules and regulations to require/enforce honest filings when they cannot afford stock? Who benefits from SEC infrastructure. You and I do.   Value to poor as a percentage of income = 0% . Value to rich &gt; 0% . QED.  Your roads argument as an example of poor using more infrastructure than the rich is a bad one. The poor are more likely to take public transportation and/or work   within 5 miles of their residence. The rich are more likely to have multiple cars, live in gated areas far from work and take long road trips. Staying at home to work is a function of more than just owning stock. There are at-home-parents, IT professionals, programmers, VOIP operators, etc, all working from home and completely independent of road use.   &gt; C) The activities of business owners generate massive tax revenues. These far outweigh their personal utility from infrastructure.  C1: \"\"personal utility\"\" You are mixing corporate and personal taxes and yet calling out \"\"personal\"\" utility. Unless you are talking about business owners flowing income to personal income (e.g. S-Corp) the mixing of terms is unfortunate because both business and people use infrastructure and both should pay for it.   C2: \"\"Far outweigh\"\" Not true: See examples A1 and A2 above. And I'll go one more. Taxes on businesses are on NET revenue not gross revenue (ignoring things like SS and FICA). You probably invest in businesses with dividends and there is an incentive to keep a net revenue that can be distributed to stockholders. But in the private world there is no such motivation. In fact there is an anti-motivation to show profit as low as possible to limit tax liability. This has led to many \"\"hacks\"\" of the tax code/expenses to make sure that businesses end up with negative tax liability or an effective rate that is close to 0. How many poor people can claim negative tax liability? Again 0 &gt; not-zero.    &gt;D) Society captures the majority of individual commercial efforts (estimates vary, but typically 85%). In other words, if I generate $10.00 of value as an entrepreneur, I will realistically be able to capture only $1.50 of that.  D1: wat? Vague. Not all commercial efforts have a positive impact on the community.  Irrelevant since we are talking about use vs cost. etc.\""}
{"_id": "402438", "title": "", "text": "Regarding Medical insurance premiums - The premiums are only part of the cost. You need to know if you have a deductible, your out of pocket maximum and what co-pays you have. If you take medications on a daily basis you need to account for those costs. Some programs allow you to put money aside pre-tax to pay for these known expenses.  I would split Emergency fund / general savings into two lines. You can set a goal to save X months worth of expenses as an emergency fund, but the general savings will be whatever is left over from the rest of your budget. Unless you have a goal for the savings: car, home..."}
{"_id": "402441", "title": "", "text": "\"Credit Scores / Rates are based on sometimes simple and sometimes quite complex Statistical Models (Generalised Linear Models, Neural Networks, Regression and Classification Trees, Mixture Models, etc).This depends on whether it is something more general like FICO or what large banks develop in-house. In any case, there are many legislation-dependent factors (Qualitative such as education, occupation security, sex, etc, payment history; or Quantitative such as age, liquidity and leverage ratios, etc).  Now, most model that are used today are propriety and closely held trade secrets. The most important reason for this is actually because of the databases that feed the models. More better quality data is what makes the real difference ... although at the cutting-edge, the mathematicians/statisticians/computer scientists that design the algorithms will make a huge difference.  Now, back to the main thing: The Credit Score/Rate is meant to be used only as an indicator for representing the Probability of Default (\"\"How likely you are to default on your obligation towards me?\"\" is what it means and that is largely based upon \"\"Has company/he/she honoured his financial obligations?\"\") of a certain consumer. In more sophisticated models, they may also use your industry sector or occupational and financial security to predict the future behaviour. However, this \"\"Credit Score\"\" has meaning only in relation to a \"\"Credit Limit\"\" (\"\"Can you pay back my $X?\"\"). The credit limit on the other hand is defined by your income level, debt/asset, etc).   As a credit risk analyst, whether we are dealing with large corporate loans, mortgages, personal loans, etc), the principles are the same: One thing to consider is that factors considered in determining a credit score usually do not have a simple linear relationship.  Consumer Profile types such as utilisation rate are a lot more about EFFECT than CAUSE:   The most important thing is to honour your obligations, whether you pay before or after you spend makes little difference, so long as you pay in full and prior to maturity, your rate/score will improve with time. Financial Institutions have many ways to make money of everyone. Some, such as interest rates and fees are directly charged to you and some are charged to your goods-and-services providers. That has no bearing on your score. Sometimes it even makes sense to take on customers with rock-bottom ratings, lend them lots of money, and charge them to dirt. As you may well know, the recent financial crisis - with ongoing after-shocks and tremors - was the result of such practices.\""}
{"_id": "402447", "title": "", "text": "Yup, I was in the same boat. I ended up refinancing and making home improvements at an inopportune time. I've been following things much more closely now. The one I'm thinking of is has a guy drawing in blue, and is not the RSA Animate video (which is just marxist conjecture).  I watched the other video linked above with the flowchart in white on black, and it was excellent as well. If you have questions, you can ask as well."}
{"_id": "402448", "title": "", "text": "It is a good adventure in USA, where you can spend the weekend and make having fun at the Escape rooms South Florida. We provide a fabulous service to our clients which is rememberable for you. There is more activity available here to your entertainments such as you locked in inside broward county escape rooms that you have to solve the puzzle and you will have to complete  your target in given time. Meet the new friends here and get the full enjoyment. You can book online rooms."}
{"_id": "402458", "title": "", "text": "\"Some of the other answers have commented on this, but I particularly want to comment on the \"\"Your expenses go down at retirement, stay the same, or go up?\"\" assumption people often make. We assume we'll spend less in retirement, but as David Chilton points out in \"\"The Wealthy Barber\"\", \"\"it's a myth that present-day retired people spend much less money than their working counterparts.\"\" He cites that reduced expenses like paid-off mortgages and children leaving the home usually happen several years before retirement, so \"\"the last few years at work are characterized by good income levels and significatnly reduced expenses. In all likelihood, disposable income is at its highest point ever.\"\" Furthermore, some expenses go up, e.g. golfing, hobbies, traveling, all of which cost money. Healthcare costs often increase as well, and Chilton goes on to discuss \"\"a retiree's number one enemy\"\" - Inflation. So in my mind, the answer to that question/assumption would be \"\"costs [will probably] go up,\"\" and 60-80% of retirment income won't cut it.\""}
{"_id": "402466", "title": "", "text": "Here's a few demo steps, first calculating the year to date return, then calculating the Q4 quarterly return based on the cumulative returns for Q3 and Q4.   It's fine to use closing price to closing price as return periods."}
{"_id": "402477", "title": "", "text": "\"1. Most of the information you want can be found in the annual report of the company. Go to their official website, look for shareholders information and then download the annual report. This will answer: \"\"number of issued stock, voting rights, if there is more than one kind of stock, etc. In summary all the legal and formal details of a given stock. 2. After reading the annual report, check on investors websites to see if you can find analyst reports written on this company. You can sometimes find them in some free newsletters. These reports will complete the information you have found in the annual report like \"\"if the dividends are always paid, etc.\"\"\""}
{"_id": "402482", "title": "", "text": "You can always trade at bid or ask price (depending if you are selling or buying). Market price is the price the last transaction was executed at so you may not be able to get that. If your order is large then you may not even be able to get bid/ask but should look at the depth of the order book (ie what prices are other market participants asking for and what is the size of their order). Usually only fast traders will trade at bid/ask, those who believe the price move is imminent. If you are a long term trader you can often get better than bid or ask by placing a limit order and waiting until a market participant takes your offer."}
{"_id": "402503", "title": "", "text": "Some accounts, such as my electric, and payments to the tax collector charge a significant enough fee that is counter productive to use a rewards card.  One example of this is Alligent Air.  They give you a $6 discount if you pay with a debit card which was about 5% of the ticket price. Anytime you borrow money, even as well intentioned and thought out as you plan to do so, you are increasing risk.  By managing it carefully you can certainly mitigate it.  The question becomes, does that time spent in management worth the $600/year? I did the costco amex deal for about 12 years earning about $300-$400 per year and only once getting hit with a late/finance charge.  Despite the success, I opted to end this for a few different reasons.  First off people using credit tend to spend more.  Secondly, I felt it was not worth my time in management.  Thirdly, I did not want the risk. Despite the boasts of many, the reality is that few people actually pay off their card each month.  By your post, it seems to me that you will be one of the rare few.  However, if you are expending 5K per month, your income must be above the US national average.  Is $600 really worth it? Perhaps budgeting for Christmas would be a better option."}
{"_id": "402509", "title": "", "text": "The Roth is the mirror image of the Pre-Tax (traditional) IRA. The latter gives you a tax break now, the deposits go in pre-tax, and are withdrawn at your rate in retirement. The former lets you squirrel that money away now, post-tax, but never pay tax again.  For young folk the Roth is a great way to go. My 12 year old has a Roth account, and paid no tax since she has her own exemption. At your level, you are probably in the 10% bracket now. Imagine investing that money and at retirement finding it's grown 100X (very possible), if it were in a Roth, you'd have no tax due.  As BST noted, you are always free to withdraw the deposit, so if you decide this wasn't money you could actually put away long term you still have an out."}
{"_id": "402523", "title": "", "text": "HSAs are very similar to IRAs. Any investment returns grow tax-deferred and once you reach age 59 1/2 65, you can withdraw the funds for any purpose (subject to ordinary income tax), just like a traditional IRA. If you can afford to do so, I would recommend you to pay medical expenses out-of-pocket and let the funds in your HSA accumulate and grow. In general, the best way to allocate your funds is in the following order: Contribute to a 401(k) if your employer matches funds at a substantial rate Pay off high-interest debt (8% of more in current environment in 2011) Contribute to an IRA (traditional or Roth) Contribute to an HSA Contribute to a 401(k) without the benefit of employer matching One advantage of HSAs versus IRAs is that you don't have to have earned income (salary or self-employment income) in order to contribute. If you derive income solely from rents, interest or dividends, you can contribute the maximum amount ($3,050 for individuals in 2011) and get a full deduction from your income (Of course, you will need to maintain a high-deductible health plan in order to qualify). One downside of HSAs is the lack of competitively priced providers. Wells Fargo offers HSAs for free, but only allows you to keep your funds in cash, earning a very measly interest rate, or invest them in rather mediocre and expensive Wells Fargo mutual funds. Vanguard, known for its low-fee investment options, provides HSAs through a partner company, but the account maintenance charges are still quite high. Overall, HSAs are a worthwhile option as part of your investment plan."}
{"_id": "402525", "title": "", "text": "Too much work for me. I simply pay TD $109/yr. And make more than that on getting my money to work ~~with~~ for me. If I had been smart I would have opened a credit union account when I first got here, like I had in the states."}
{"_id": "402537", "title": "", "text": "Coca-Cola execs just trying to do something.  What they need to do is nothing.  There are coke machines within 2 minutes from everyone, almost every store sells one.  It's a world-wide smash hit.  All they have to do is, make it and it sells itself.    But they gotta change something... asshats.  Same with New Coke, and all the other failed ventures.  Just hide the recipe and sell sell sell."}
{"_id": "402543", "title": "", "text": "You don't need a credit card anymore than you need a TV or a car.  There might be many circumstances where a credit card is a convenience, there might be things you give up because you don't have a credit card.  There are even some upsides to a well managed card account. But no, you don't need it."}
{"_id": "402581", "title": "", "text": "I was a victim of this.  I'm not sure who got my routing and account number off my check, but someone subscribed to Playboy.com using my bank account information.  Luckily it was only for about $30 and the bank refunded my money.  However, it was a mess in that I had to open a new checking account and keep the other one open until all checks cleared.  The bank was extremely helpful and monitored the account to make sure only the checks I told them about were processed.  I then had to close the old account. This is why I believe checks are much less secure than credit cards or debit cards.  A paper check can lay on someone's desk for anyone to pick up or write the information down off of it.  I avoid checks if at all possible.  For things like Craig's list, I would try to use PayPal or some other intermediate processing service."}
{"_id": "402593", "title": "", "text": "how does the trading company know which one I want to sell? It doesn't need to know. You just sell one. From taxation point of view depending on the country / tax jurisdiction, it can be only be FIFO or specific stock."}
{"_id": "402633", "title": "", "text": "Securities (things you can buy on the stock market)  that pay dividends usually pay every quarter (every three months), but some pay every month. (For example: PGF pays dividends each month.) IF you reinvest your dividends back into the stock then you will be compounding your return.  I use the feature at Scottrade to automatically reinvest the dividend each month. Using this feature at Scottrade incurs no commission for the purchases of the stock from the dividend. (saving on commissions and fees is, likely, the most important aspect of investing).  US Treasuries (usually) pay interest twice a year. There is no commission when using Treasury Direct."}
{"_id": "402659", "title": "", "text": "One other factor to consider is that Mortgage debt can be wiped out in a bankruptcy, but student loan debt can not.  Financially it is simple math to figure out which one makes more sense to pay off based on the total expenditures on interest minus tax savings from deductible mortgage interest. However, in terms of risk it might be best to pay off the student loans first."}
{"_id": "402660", "title": "", "text": "$42.05 was the first prospective price reported in the mainstream press, and was a number that I would think got *that* many more people to jump on the bandwagon - see the CNN link I posted. And see this, too:  [*ReadWriteWeb:* Were Facebook Investors Fooling Themselves? Psychologists Say Yes - June 15, 2012](http://www.readwriteweb.com/archives/were-facebook-investors-fooling-themselves-psychologists-say-yes.php)"}
{"_id": "402678", "title": "", "text": "\"I think there is an important distinction between \"\"Republican Lawmakers\"\" and \"\"Republican Voters\"\".  There's no way Paul Ryan, Trump, Cheney etc. don't know the underlying economics...but they also know which side their bread is buttered on.    So long as they can sell the continued funneling of wealth in to the hands of the very few as an \"\"economic policy\"\" designed to \"\"encourage growth from the top\"\", then Republican Voters will continue to be victimized (along with Democratic voters, children, kittens, basically everyone) as the ultra wealthy \"\"invest\"\" billions of dollars in campaign contributions to elect men unethical enough to sell it.\""}
{"_id": "402686", "title": "", "text": "You should include the checks you received from the company, invoices you sent, bank statements showing the deposits, and your receipts, if any, you issued to the company. You'd be surprised to know that this is a fairly common tax fraud. You can also try and sue the company or its successor for the missing amounts, but if it has been dissolved it may be difficult. As with any non-trivial tax issue - I suggest you get a professional advice from a EA/CPA licensed in your State. You may need representation before the IRS - only EA, CPA or an Attorney may represent you in IRS proceedings (including audit and correspondence)."}
{"_id": "402690", "title": "", "text": "This is a useful metric in that it gives you a trust factor on how reliable the beta is for future expectations   It is akin to velocity and acceleration  First  and second order derivatives of distance / time.  Erratic acceleration implies the velocity is less trustworthy  Same idea for beta"}
{"_id": "402705", "title": "", "text": "There were several areas where the mortgage and car loan have affected your credit.  The mortgage had the following impacts, The car loan (purchased shortly after the house) had the following impacts, You did not mention your payment history, but since you had an 800 prior to the house purchase, we can assume that your payment history is current (nothing late). You did not mention your credit utilization, but you want to keep your utilization low (various experts suggest 10%, 20% and 30% as thresholds).  The down payment on the house likely drained your available funds, and replacing the car may have also put stress on your funds.  And when you buy a house, often there are additional expenses that further strain budgets. My guess is that your utilization percentage has increased.  My suggestion would be to reduce your utilization ratio on your revolving accounts.  And since you have plenty of credit lines, you might want to payoff the car. Your Chase card has a good age, which helps with age of credit, and though you will find experts that say you should only have 2-4 revolving accounts (credit cards), other experience shows that having accounts with age on them is a good thing.  And having a larger number of accounts does not cause problems (unless you have higher utilization or you miss payments). You did not mention whether the Chase card has any fees or expenses, as that would be a reason to either negotiate with Chase to reduce or eliminate the fees, or to cancel the card. Have you checked your credit report for errors?  You can get a free report from each of the three bureaus once per year."}
{"_id": "402716", "title": "", "text": "An employer also needs somebody to show up on time, be reliable and can take written instruction.  A college degree also means that they can find different classrooms throughout the day, listen for 50 minutes and DO THAT FOR YEARS.  Nearly anybody can do something for 5 minutes.  I've employed people and those two are most difficult to suss out in less than 90 days."}
{"_id": "402726", "title": "", "text": "\"Because it takes 3 business days for the actual transfer of stock to occur after you buy or sell to the next owner, your cash is tied up until that happens. This is called the settlement period. Therefore, brokers offer \"\"margin\"\", which is a form of credit, or loan, to allow you to keep trading while the settlement period occurs, and in other situations unrelated to the presented question. To do this you need a \"\"margin account\"\", you currently have a \"\"cash account\"\". The caveat of having a retail margin account (distinct from a professional margin account) is that there is a limited amount of same-day trades you can make if you have less than $25,000 in the account. This is called the Pattern Day Trader (PDT) rule. You don't need $25k to day trade, you will just wish you had it, as it is easy to get your account frozen or downgraded to a cash account. The way around THAT is to have multiple margin accounts at different brokerages. This will greatly increase the number of same day trades you can make. Many brokers that offer a \"\"solution\"\" to PDT to people that don't have 25k to invest, are offering professional trading accounts, which have additional fees for data, which is free for retail trading accounts. This problem has nothing to do with:  So be careful of the advice you get on the internet. It is mostly white noise. Feel free to verify\""}
{"_id": "402728", "title": "", "text": "My card keeps a separate 'cash advance' limit, that's lower than the regular rate. I believe balance transfers also trigger that limit and (much higher) interest rate."}
{"_id": "402730", "title": "", "text": "In a business you need to improve the morale, zeal, team spirit and productivity of the employees. Motivation keeps workers focused, perform better and driven towards attaining the goals, resulting into a flourishing business. Motivational speaker helps you to handle such issues in a very pleasant manner."}
{"_id": "402737", "title": "", "text": "It's one of those things like the Economist that most people in business feel you should probably at least skim, but no one really does because who has time for that?    If I really wanted to get at least one subscription though, it would be to the Economist.  It's a lot more practical than HBR, and unless you're in a position to really affect change in your organization, HBR is going to be little more than thought exercises.  And even if you can't get through the massive amount of information each week, reading just the politics/business this week sections, the leaders, maybe the briefing and the sections of the world you're interested in can be done in one sitting and would be enough to keep you more or less on top of the really important global issues."}
{"_id": "402739", "title": "", "text": "\"The short answer is no, it's probably not ok. The longer answer is, it might be, if you are very disciplined.  You need to make sure that you have enough money to pay off the card after a year, and that you pay the card on time, every month, without exception.  There may also be balance transfer or other fees that only make it worth while if the interest rate or balance on the other loan is high. The problem is most of these offers will raise your rates to very high levels (think 20% or more) if you are even one day late with one payment.  Some of them also will back charge you interest starting from day one, although I have only seen this on store credit \"\"one year, same as cash\"\" type offers.   In the end you need to balance the possible payoff against how much it will cost you if you do it wrong.  Remember, the banks are not in the business of lending out free money.  They wouldn't do this unless enough people didn't pay it back in one year for them to make a profit.\""}
{"_id": "402757", "title": "", "text": "&gt;In the economic sense, investments really has nothing to do with capital or business investments then does it?   Congratulations, you just figured out why monetarists and Keynesians are wrong.  What actually matters is the quality of the investments that the money is making. An excess of currency won't create growth if the currency is invested in a derivative contract, since this is a zero-growth investment. A shortfall in currency won't always kill the economy, if rational investments are made (2nd half of the 19th century in the United States).  On the other hand, [infrastructure](https://www.fhwa.dot.gov/policy/otps/060320a/forum.cfm) generally offers a much higher return on invested capital than the private market. So you see China's economy growing quickly for several decades due to investing in the right class of assets.  This is the same thing the United States did to become an economic superpower:  https://www.quora.com/What-is-the-American-school-of-economics  https://en.wikipedia.org/wiki/American_School_(economics)  https://en.wikipedia.org/wiki/American_System_(economic_plan)"}
{"_id": "402770", "title": "", "text": "While my kids are definitely into video games and such, they are also still very much into toys. If Toys R Us has what we're looking for, we'll go get it there. However, that is usually not the case and we end up ordering it online. Additionally, the price difference on a lot of toys is usually significant enough that we'll lean towards an online purchase over in store. I get why it's more expensive and I try to buy local but I'm also not made of money."}
{"_id": "402778", "title": "", "text": "What Jaydles said. I think of each strategy in terms of Capital at Risk (CaR). It's a good thing to know when considering any position. And then conveniently, the return is always profit / CaR. With covered calls it's pretty easy. Pay $1000 for stock, receive $80 in premium, net CaR is $920.  If you own the stock and write calls many times (that expire worthless, or you that you buy back), there are two measurements to consider. First, treat every covered call as a buy-write. Even if you already own the stock, disregard the real cost basis, and calculate from the moment you write the call, using the stock price at that time. The second measure is more complicated, but involves using something like the XIRR function in a spreadsheet. This tracks the series as a whole, even accounting for times where there is no written call outstanding. For the written put, even though your broker may only require 30% collateral in a margin account, mentally treat them as cash-secured. Strike less premium is your true CaR. If the stock goes to zero by expiration, that's what you're on the hook for. You could just compute based on the 30% collateral required, but in my view that confuses cash/collateral needs with true risk. Note: a written put is exactly identical to a covered call at the same strike. If you tend to favor puts over CCs, ask yourself why. Just like a loaded gun, leverage isn't inherently bad, but you sure want to know when you're using it."}
{"_id": "402783", "title": "", "text": "The fertility is a matter of couple when you think about pregnancy, affecting both members alike. Healthy living habits, healthy and balanced eating, stress and regular activity based on sexual intercourse around fertile days can help achieve the desired pregnancy. getting pregnant is not always an easy task. Many women come to turn this goal into an obsession, which hinders their pregnancy. Some become desperate by going to clinics where they practice fertility treatments , while others prefer to try some methods and home remedies to get pregnant."}
{"_id": "402814", "title": "", "text": "The initial story sounds normal. Happens every day. Checksums cannot prevent this, since it is a typo by the sender. The sender typed in a wrong account number. That account number happened to exist (so the sender wouldn't get any immediate error message), your account. But, that innocent story can also be used as part of a money laundering plan. Namely, to give the money a legitimate source. Also can be used in a scheme to frame you for something. The question of how the person got your phone number raises suspicion. The bluffs to avoid the normal paperwork, and then disappearing, make it incriminating. No doubt. Take this to the police. The question arises: even if the plan (whatever it was) failed, why didn't he do the paperwork and get the money back? The answer is that that would leave a trail to possibly be picked up in a future investigation."}
{"_id": "402842", "title": "", "text": "Yes, yes and yes.    R has tools for web scraping, charts, stats, Quantmod is great of course, there's economics packages, etc...    R can basically do any task that involves gathering and interpreting data, I have scripts that gather my info from all the other sources I use (Yahoo, Google, lesEchos, Money18, Quandl, exchange websites, etc...)."}
{"_id": "402852", "title": "", "text": "Term life insurance for a healthy 30 year old is a heck of a lot cheaper than for a 40 year old who's starting to break down (and who needs the coverage since he's got a spouse and kids). So, get a long term policy now while it's cheap."}
{"_id": "402875", "title": "", "text": "Depending on who you have the loan through and how they figure the interest charges (whether daily, monthly, bi-monthly, etc. normally monthly I would assume), your interest is probably figured either daily or once a month.   Let's assume that it is figured daily, otherwise it wouldn't make sense to make bi-weekly payments.   At 4% Annual Interest on a $150,000 home loan the interested added each day is about $16.44, but it doesn't stop there because it is compounding interest daily so the next day it becomes 4% of 150,0016.44 (which is negligibly larger amount) and they will tack on another $16.44. So what will happen is that the amount of interest you owe grows rather quickly, especially if you miss a monthly payment.  Everyone knows that the faster you pay something off the less interest you pay, but not everyone knows the formula for compounding interest.  a quick Google search rendered this site with a simple explanation Compound Interest Formula  unfortunately this formula doesn't take into account the payments being made. The big thing with making your payments bi-weekly rather than a bigger payment once a month is that you pay off some of that principle right away and it won't collect interest for 14 more days. if the interest is only calculated once a month, make your full payment before the interest is calculated, the same goes for your credit cards."}
{"_id": "402881", "title": "", "text": "Exactly the point I'm trying to make though. Everyone's downvoting this guy for making valid points about why HE is choosing not to buy Tesla. Sure if someone disagreed because they, like you said, preferred an optimistic long term analysis of Tesla because of a number of things like Elons track record or Tesla growth and position etc. then they shouldn't have *downvoted* him so it wasn't seen just because they disagreed. They should have argued their reasons why Tesla valuation makes sense.   Instead, peoples are stifling real discussion that helps everyone learn and participate. I am apart of these subreddits to learn more about business and also the world of finance and I think we can all agree that valid discussion about different strategies or preference and their success is one of the best ways to learn. I don't come view the comments of these posts for one viewpoint throughout the whole thread.   Anyway, I think I made my point. Thanks"}
{"_id": "402883", "title": "", "text": "It's not about moving the market or liquidity the non current months have reduced liquidity, checking today.  ES_F June today the most recent 5 min bar has 809 volume. while the september has 10616 volume on the same bar.  2. Commision p/l should be subtracted as actual actual.  I'm not necessarily worried about moving the market or liquidity im more or less worried about slippage. As some good strategies can decay very fast due to it."}
{"_id": "402889", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/09/22/feds-williams-sees-a-calm-market-reaction-to-reducing-its-huge-balance-sheet.html) reduced by 81%. (I'm a bot) ***** &gt; Williams said the Fed could indeed increase rates again this year and three more times next year, but the exact timing was not important, with a gradual increase in interest rates now under way.  &gt; Provided the U.S. economy continues to progress and inflation was on track to reach the Fed&amp;#039;s 2 percent goal, &amp;quot;I would ascribe to a gradual pace of rate increases, which assuming all that&amp;#039;s happening, could have another rate increase this year and three next year,&amp;quot; Williams said.  &gt; Eventually, the Fed would reach a &amp;quot;New normal&amp;quot; of a Fed Funds rate of 2.5 percent, Williams said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71wsak/feds_williams_sees_a_calm_market_reaction_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~215089 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Fed**^#1 **rate**^#2 **Williams**^#3 **year**^#4 **next**^#5\""}
{"_id": "402898", "title": "", "text": "Wayne Printing possesses the experience and the technology to be your one stop shop for all your printing and mailing needs. With our expertise, large facility, innovative equipment, and mailing capabilities we can complete even the toughest jobs. You provide us with the digital files for your job, and then experience the security that comes from knowing you made a smart decision as we get the work done with superior quality and in a very timely manner."}
{"_id": "402902", "title": "", "text": "\"Abine has a product for iOS and Android (and desktop), now called called Blur, that provides credit card masking (alias credit card numbers), along with other privacy services. It's subscription-based. I've used it successfully for a number of transactions over the past year or so. To the merchant, you supply any name, Abine's address, and the specific masked credit card number and code. You can create any number of masked cards with different credit amounts, and the charges show up on your real card statement as \"\"Abine, Inc.\"\".\""}
{"_id": "402905", "title": "", "text": "As an undergrad with little experience it's hard for me to say exactly what I want to do. I am very interested in Asset and Wealth management, as well as hedge and mutual funds. I think it is hard to know exactly what I want to do in the field, because of my lack of experience."}
{"_id": "402919", "title": "", "text": "\"I have to seriously disagree with this. Automated news analysis may have not worked for you for a variety of reasons (most likely all related to infrastructure/software inexperience), but it works and some shops and funds have made fortunes just doing news based automated trading.  I have personal experience working in a Chicago shop which went through a few off the shelf solutions, like [Ravenpack](http://ravenpack.com/services/rpna_dj.htm) before rolling a custom news analytics platform which integrated with quantitative strategies to move a lot of volume.  The whole premise of your post just seems very off to me. \"\"The problem that arises is that it is nearly impossible to make money off of automating trades.\"\" -- an entire segment of the industry would like to have a word with you.\""}
{"_id": "402939", "title": "", "text": "This is more of an economics question than personal finance. That said, I already started writing an answer before I noticed, so here are a few points. I'll leave it open for others to expand the list. Advantages Disadvantages Advantages Disadvantages The flip-side to the argument that more users means more stability is that the impact of a strong economy (on the value of the currency) is diluted somewhat by all the other users. Indeed, if adopted by another country with similar or greater GDP, that economy could end up becoming the primary driver of the currency's value.  It may be harder to control counterfeiting. Perhaps not in the issuing country itself, but in foreign countries that do not adopt new bills as quickly."}
{"_id": "402950", "title": "", "text": "\"Math says invest in the Market (But paying off your mortgage early is a valid option if you are very risk averse.) You are going to get a better return by investing in the stock market.  In the US in 2015/2016, mortgages are 3%-4%, and give you a tax break.  The rate of return on the stock market is ~10%, (closer to 6% after you subtract out inflation, taxes, fees, etc.) Since 10 > 3, (or 6% > 4%, to use the pessimistic numbers)  investing in the market is the better deal. But... The market has risk, and your mortgage does not.  If you are very risk averse paying off the mortgage may make sense. As an example:  Family A has a single \"\"breadwinner\"\", who works a low skilled job. Family B has 2 working spouses, both in high skill white collar positions.   These two families are going to have wildly different risk tolerances.  It may make sense for family A to \"\"invest\"\" its extra money in paying off the mortgage, after they have tackled high interest debt, built an emergency fund, maxed the 401k, etc. Personally I would not: in the US you cannot recoup pre-payments if you lose your job.  If I was very risk averse, I would keep my extra money as cash, so I could pay my mortgage after I lost my job.  It is never going to make sense for family B to pay the mortgage early.  At that point, any decision to pre-pay is going to be based on emotion and not logic.\""}
{"_id": "402967", "title": "", "text": "Many of the major indices retreated   today because of this news. Why? How   do the rising budget deficits and debt   relate to the stock markets? The major reason for the market retreating is the uncertainty regarding the US Dollar. If the US credit rating drops that will have an inflationary effect on the currency (as it will push up the cost of US Treasuries and reduce confidence in the USD). If this continues the loss of USD confidence could bring an end to the USD as the world's reserve currency which could also create inflation (as world banks could reduce their USD reserves). This can make US assets appear overvalued. Why is there such a large emphasis on   the S&P rating? S&P is a large trusted rating agency so the market will respond to their analysis much like how a bank would respond to any change in your rating by Transunion (Consumer Credit Bureau) Does this have any major implications   for the US stock markets today, in the   short term and in July? If you are a day-trader I'm sure it does. There will be minor fluctuations in the market as soon as news comes out (either of its extension or any expected delays in passing that extension). What happens when the debt ceiling is   reached? Since the US is in a deficit spending situation it needs to borrow more to satisfy its existing obligations (in short it pays its debt with more debt). As a result, if the debt ceiling isn't raised then eventually the US will be unable to pay its existing obligations. We would be in a default situation which could have devastating affects on the value of the USD. How hard the hit will depend on how long the default situation lasts (the longer we go without an increased ceiling after the exhaustion point the more we default on). In reality, Congress will approve a raise, but they will drag it out to the last possible minute. They want to appear as if they are against it, but they understand the catastrophic effects of not doing so."}
{"_id": "402968", "title": "", "text": "Pay much less and purchase the excessive active used car at the Masai Auto City. Buy the certify every used car in good condition  by way of our expert group, every person desires to keep the cash and buy in good condition. If you want to buy used car, then you have reached the right place to buy Johor used car. It is one of the most trustable second hand car sellers in Johor Bahru. Here, you and get the significant variety of each car. It is more and more large and complex in Johor  Jaya used car supplier."}
{"_id": "402977", "title": "", "text": "Osx interface is not intuitive. Closing stuff doesn't even close it... also installing applications makes no sense. Dual booting is pointless if he is going to use excel most of the time is he really going to reboot when he doesn't want to work. Also why pay the premium for Mac if you are not gonna make use of it already half the time."}
{"_id": "402982", "title": "", "text": "Here are the advantages to the HDHP/HSA option over the PPO option, some of which you've already mentioned: Lower premiums, saving $240 annually. Your employer is contributing $1500 to your HSA.  As you mentioned, this covers your deductible if you need it, and if you don't, the $1500 is yours to keep inside your HSA. The ability to contribute more to your HSA.  You will be able to contribute additional funds to your HSA and take a tax deduction. Besides the medical expenses applied to your deductible, HSA funds can be spent on medical expenses that are not covered by your insurance, such as dental, vision, chiropractic, etc.  Anything left in your HSA at age 65 can be withdrawn just like with a traditional IRA, with tax due (but no penalty) on anything not spent on medical expenses. With the information that you've provided about your two options, I can't think of any scenario where you'd be better off with the PPO.  However, you definitely want to look at all the rest of the details to ensure that it is indeed the same coverage between the two options.  If you find differences, I wrote an answer on another question that walks you through comparing insurance options under different scenarios."}
{"_id": "402984", "title": "", "text": "I don't really see it as worth it at any level because of the risk. If you take $10,000,000 using the ratios you gave making 2% return. That is a profit of $200,000. Definitely not worth it, but lets go to 20% profit that is $2,000,000. To me the risk involved at beint 10 million in debt isn't worth it to make $2,000,000 quickly it would be pretty easy doing something wrong to wipe out everything."}
{"_id": "403016", "title": "", "text": "&gt; No thanks EU, I think China, Canada, Japan, South Korea, these are our trade partners. Go wither in your own vine.  The EU is our #1 trading partner:  https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States  Japan and Korea combined don't make 1/3 of our business with the EU. We do more with the EU than we do China or Canada. We *need* the EU."}
{"_id": "403017", "title": "", "text": "\"Most financial \"\"advisors\"\" are actually financial-product salesmen.  Their job is to sweet-talk you into parting with as much money as possible - either in management fees, or in commissions (kickbacks) on high-fee investment products** (which come from fees charged to you, inside the investment.)  This is a scrappy, cutthroat business for the salesmen themselves.  Realistically that is how they feed their family, and I empathize, but I can't afford to buy their product.  I wish they would sell something else. These people prey on people's financial lack of knowledge.  For instance, you put too much importance on \"\"returns\"\".  Why?  because the salesman told you that's important.  It's not.  The market goes up and down, that's normal.  The question is how much of your investment is being consumed by fees.  How do you tell that (and generally if you're invested well)?  You compare your money's performance to an index that's relevant to you.  You've heard of  the S&P 500, that's an index, relevant to US investors.  Take 2015. The S&P 500 was $2058.20 on January 2, 2015.  It was $2043.94 on December 31, 2015.  So it was flat;  it dropped 0.7%. If your US investments dropped 0.7%, you broke even.  If you made less, that was lost to the expenses within the investment, or the investment performing worse than the S&P 500 index.  I lost 0.8% in 2015, the extra 0.1% being expenses of the investment. Try 2013: S&P 500 was $1402.43 on December 28, 2012 and $1841.10 on Dec. 27, 2013. That's 31.2% growth.  That's amazing, but it also means 31.2% is holding even with the market.  If your salesman proudly announced that you made 18%... problem! All this to say: when you say the investments performed \"\"poorly\"\", don't go by absolute numbers. Find a suitable index and compare to the index.  A lot of markets were down in 2015-16, and that is not your investment's fault.  You want to know if were down compared to your index.   Because that reflects either a lousy funds manager, or high fees.   This may leave you wondering \"\"where can I invest that is safe and has sensible fees?  I don't know your market, but here we have \"\"discount brokers\"\" which allow self-selection of investments, charge no custodial fees, and simply charge by the trade (commonly $10).  Many mutual funds and ETFs are \"\"index funds\"\" with very low annual fees, 0.20% (1 in 500) or even less.    How do you pick investments? Look at any of numerous books, starting with John Bogle's classic \"\"Common Sense on Mutual Funds\"\" book which is the seminal work on the value of keeping fees low.  If you need the cool, confident professional to hand-hold you through the process, a fee-only advisor is a true financial advisor who actually acts in your best interest.  They honestly recommend what's best for you. But beware: many commission-driven salespeople pretend to be fee-only advisors.  The good advisor will be happy to advise investment types, and let you pick the brand (Fidelity vs Vanguard) and buy it in your own discount brokerage account with a password you don't share. Frankly, finance is not that hard.  But it's made hard by impossibly complex products that don't need to exist, and are designed to confuse people to conceal hidden fees.  Avoid those products.  You just don't need them.  Now, you really need to take a harder look at what this investment is. Like I say, they make these things unnecessarily complex specifically to make them confusing, and I am confused.  Although it doesn't seem like much of a question to me.  1.5% a quarter is 6% a year or 60% in 10 years (to ignore compounding). If the market grows 6% a year on average so growth just pays the fees, they will consume 60% of the $220,000, or $132,000.  As far as the $60,000, for that kind of money it's definitely worth talking to a good lawyer because it sounds like they misrepresented something to get your friend to sign up in the first place.  Put some legal pressure on them, that $60k penalty might get a lot smaller.   ** For instance they'll recommend JAMCX, which has a 5.25% buy-in fee (front-end load) and a 1.23% per year fee (expense ratio). Compare to VIMSX with zero load and a 0.20% fee.  That front-end load is kicked back to your broker as commission, so he literally can't recommend VIMSX - there's no commission! His company would, and should, fire him for doing so.\""}
{"_id": "403018", "title": "", "text": "Thank you so much, that means a lot to hear. My uncle I am close with is the CEO of an investment banking company and I have some ambition to try and get into that field.  I just know it is so competitive. But I am also interested in other fields such as financial planning or asset management. But I don't even know yet, I haven't even started my degree and I'm not looking at going back to school until next fall. I'll get in where I fit in I guess."}
{"_id": "403024", "title": "", "text": "According to the link below, it does appear that you must take an RMD, or Required Minimum Distribution, from your IRA at age 70\u00bd, or face a 50% penalty of the RMD AMOUNT that has NOT been taken, which is going to be much less than 50% of your entire account balance.  Why specifically this happens would be opinion based on my interpretation of the reasoning behind those that enacted the law. I can tell you penalties like this are used to encourage behavior - you can't just leave your money in a tax-free account forever. The IRA is meant to help you build your savings for retirement, and at age 70\u00bd you should be ready for retirement.  This means you must begin withdrawing the money - but that doesn't mean you have to spend it.  In the link below, there are outlines on what you can do to satisfy the required minimum distribution. As it specifies, you can take one lump sum, or spread it out over multiple payments, and there's a calculator to identify what your RMD will be. http://www.schwab.com/public/schwab/investing/retirement_and_planning/understanding_iras/withdrawals_and_distributions/age_70_and_a_half_and_over As noted in the linked page, you DO NOT have to take an RMD on a Roth IRA. If this is important to you, you may want to consider Rolling Over your current IRA to a Roth."}
{"_id": "403025", "title": "", "text": "Disallowed losses are created when you buy a stock */- 30 days of a sale at a loss.  When you sell and have no shares left, the loss is taken. You can't have no shares and leftover disallowed loss."}
{"_id": "403033", "title": "", "text": "We are one of the best advisory firm that provide mod gauges and refinancing at lowest possible rates. If you are certainly looking forward to get Mortgage Lenders or rental, loans to higher professional settlement in the world of Rate business as a professional agent, Highland can not only take care of your specific rates and loaning services. To know more information about services, please visit at http://www.highlandsmtg.com"}
{"_id": "403065", "title": "", "text": "While I get your point as a joke, I think we need to allow non-highway vehicles on our non-highway roads.  I'd rather not have Kei truck even attempting to get on the highway, but it'd be damn handy to be able to roll down to the local Home Depot."}
{"_id": "403072", "title": "", "text": "There may be a net gain in jobs with things like techs, developers, things of that nature, but those are all skilled jobs or at least require a degree of training beyond entry-level, and time will really tell if that is the case one way or the other. The most vulnerable among us are going to be disproportionately impacted by automation, and they will end up the losers at least in the near-term for sure."}
{"_id": "403077", "title": "", "text": "they may be willing to issue mortgages with smaller deposits, but may take longer to make a decision That cannot be farther from the truth. If you are getting a mortgage on a smaller deposit, you will be paying a higher interest rate. Time to take a decision depends very much on your credit situation, earnings, spending and the amount of loan you want to avail of. advantages and disadvantages compared to banks today Nothing specifically that is obvious. You deposits are guaranteed by FSCS, which is primarily everybody's biggest concern. One thing I did observe was they generally have saving accounts which pay better than the big banks, but that is for one to compare and find out.  In ownership structure you own a part of the building society because you are a member by having an account(bank/mortgage) with them. Not the case with a big bank though unless you own any shares. You can make a case for the difference of the big bank's multiple business as compared to a building society."}
{"_id": "403085", "title": "", "text": "It is simply an average of what each analyst covering that stock are recommending, and since they usually only recommend Hold or Buy (rarely Sell), the value will float between Hold and Buy. Not very useful IMHO."}
{"_id": "403092", "title": "", "text": "\"One way to start with stocks is by playing the fake stock market.  Investigate what trading fees would be with a broker, then \"\"invest\"\" a certain amount of money - note it on paper or in a spreadsheet.  Follow your stocks, make decisions on selling and buying, and see where you would be after a year or so.  That way you can get an idea, even if not exactly precise, on what your returns would be if you really invested the money.\""}
{"_id": "403099", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/inequality/2017/jun/14/tax-evaders-exposed-why-super-rich-are-even-richer-than-we-thought) reduced by 91%. (I'm a bot) ***** &gt; For all their merits, tax data raise an obvious issue: by their very nature, they entirely miss tax evasion.  &gt; The key data source used in rich countries to study tax evasion is random tax audits - but these audits do not capture tax evasion by the very wealthy, because few of them are audited, and because random audits fail to detect sophisticated forms of evasion involving shell companies and hidden accounts.  &gt; Progress has already started in this area, as a number of tax havens have agreed to automatically exchange bank information with foreign countries&amp;#039; tax authorities - a major evolution since the time of the HSBC leak.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6h9zhu/why_the_superrich_are_even_richer_than_we_thought/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~144316 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **wealth**^#2 **Bank**^#3 **HSBC**^#4 **more**^#5\""}
{"_id": "403103", "title": "", "text": "The primary advantage of an IRA or 401k is you get taxed effectively one time on the money (when you contribute for Roth, or when you withdraw for Traditional), whereas you get taxed effectively multiple times on some of the money in a taxable account (on all the money when you contribute, plus on the earnings part when you withdraw). Of course, you have to be able to withdraw without penalty for it to be optimally advantageous. And you said you want to retire decades early, so that is probably not retirement age. However, withdrawing early does not necessarily mean you have a penalty. For example: you can withdraw contributions to a Roth IRA at any time without tax or penalty; Roth 401k can be rolled over into Roth IRA; other types of accounts can be converted to Roth IRA and the principal of the conversion can be withdrawn after 5 years without penalty."}
{"_id": "403109", "title": "", "text": "Yes because I don't really need my savings at all, also screw me for trying to think ahead and investing in my 401(k).  Government programs made social security into a worthless ponzi scheme, is it time to destroy 401(k) system now?"}
{"_id": "403111", "title": "", "text": "\"LOL!!! Once elderly can live off social security alone, we can then talk about \"\"Universal basic income\"\".  Just a reminder: Social Security was originally tax free and reasonable. Today, it's taxed, it varies depending on the age you claim it, it's gone if you have too much income, does not increase according to inflation, and this year they removed the \"\"claim and suspend\"\" option.  P/S: by the time I retire, I doubt I will get anything form SS... so I don't even count on SS when saving for retirement.\""}
{"_id": "403137", "title": "", "text": "Saving for school is [fundamentally] no different than saving for any other major purchase: in addition to some of the great answers already provided, here are a couple other thoughts: Just to have the [simplified] numbers handy: If you can increase that to $2000/yr, after 18 years: One final thought - I would personally avoid the 529 plans because if your child decides to not go to school (eg goes in the Coast Guard, decides to be a farmer, enters the Peace Corps, etc), you're penalized on withdrawal, whereas with any other savings/investment methodology, you won't have those penalties."}
{"_id": "403146", "title": "", "text": "Investopedia has one and so does marketwatch    I've always used marketwatch, and I have a few current competitions going on if you want me to send the link    They recently remodeled the website so it works on mobile and not as well on desktop    Don't know anything about the investopedia one though"}
{"_id": "403149", "title": "", "text": "Screen Signs help businesses establish a strong market presence with our personalised sales, signage solutions, quality printing services and promotional products range. Getting your business logo imprinted on any promotional item goes a long way in spreading your brand image across the globe."}
{"_id": "403158", "title": "", "text": "Yeah, well, you should have seen what John Law was doing across the channel with the Mississippi Company.  It could be argued that Mr. Law was the singular force that ended up causing the French Revolution.   Heady times... heady times for all."}
{"_id": "403164", "title": "", "text": "Prosper is the best solution that comes to mind when you need a loan fast. One of the best parts of Prosper is that you can choose the terms of your loan.  Basically, you choose how much you need (from $2,000 to $25,000), the highest payments you're comfortable paying, and the term of your loan... the interest rate is calculated based on what you choose.  Investors bid on your loan listing (driving your interest rate down), and in as little as 24 hours up to a month, you'll have the funds wired to your account. http://www.prosper.com/loans/"}
{"_id": "403184", "title": "", "text": "&gt; Our corporations pay some of the lowest taxes in the world, with some of the larger ones actually paying none.  No, they don't. The top marginal rate for income taxes is 38%. Meanwhile, in the Republic of Ireland, rates vary from 12.5 - 25% depending on the exact source of the income. So, no, 'our' corporations do not pay the lowest taxes in the world. As far as them paying 'none', that stems from one of two things: one, corporations that pay out all their money in salaries and therefore have no retained earnings (hence, all their money is taxed at the individual level, and workers get socked at a full 35%), and two, corporations that create a price-transfer agreement with a foreign corporation so that income is shifted to a low-tax region where they end up paying nothing to Uncle Sam. That money will still be taxed if they ever try to bring it home and distribute it ... but as long as it stays overseas then no one can touch it because, technically, it hasn't been earned as income yet. That's how companies avoid greedy bastards trying to take their money -- because contrary to your opinion, you're not actually entitled to any of their money, or anyone else's money either. It's not 'your' money, or 'our' money, its 'their' money -- and they have an effective method to make sure it stays that way.  &gt; Btw, if wanting decent opportunity to take care of me and mine is greed, then yes, I'm greedy.   You can already do that -- it's called getting a fucking job and living within your means. You don't **DESERVE** anything in life -- you have to earn it. No one is obligated to just **GIVE** you things just because you want them. Ultimately, this whole 'lets sock it to the rich' attitude doesn't actually take any money out of their pockets ... the only people harmed are workers who can't take advantage of the methods they use to shift income overseas. In short: you're not simply wrong, you're criminally ignorant."}
{"_id": "403186", "title": "", "text": "ABC should have gone after the FDA if they had a real problem.  So glad with the outcome here.. press should understand that they must put in work to seek the truth, and not simply go for clickbait headlines."}
{"_id": "403210", "title": "", "text": "Many companies and careers there are no rungs. If you hire 20 roofers and 1 manager not all those 20 roofers will get to move up to management, it just can't happen. And being a good roofer does not make them a good manager, it is necessary to understand the job of the people you're managing but management is an entirely different skill set on it's own."}
{"_id": "403212", "title": "", "text": "&gt; Taskrabbit is available in London. There were a couple of other startups in the UK before taskrabbit launched but their websites seem to be dead now.   I know it is available, but that is not the same as adapting for a new market. London is not SF. I suspect the employee ruling on uber Wil come down on task rabbit/udesk too."}
{"_id": "403224", "title": "", "text": "generally Forward P/E is computed as current price / forward earnings.  The rationale behind this is that buying the stock costs you the current price, and it gives you a claim on the future earnings."}
{"_id": "403225", "title": "", "text": "Ray suggests FED should look to see improvement in the lower 60%, but I don't think Trump supporters would be satisfied with a 5% real wage growth. They are after the unnaturally high income that low-educated get from unionizing in factories. The disgruntled are here to stay no matter what FED does."}
{"_id": "403226", "title": "", "text": "The OP invests a large amount of money each year (30-40k), and has significant amount already invested. Some in the United States that face this situation may want to look at using the bonus to fund two years worth of IRA or Roth IRA.  During the period between January 1st and tax day they can put money into a IRA or Roth IRA for the previous year, and for the current year. The two deposits might have to be made separately, because the tax year for each deposit must be specified. If the individual is married, they can also fund their spouses IRA or Roth IRA.  If this bonus is this large every year, the double deposit can only be done the first time, but if the windfall was unexpected getting the previous years deposit done before tax day could be useful.  The deposits for the current year could still be spread out over the next 12 months. EDIT: Having thought about the issue a little more I have realized there are other timing issues that need to be considered."}
{"_id": "403257", "title": "", "text": "Prime Day is a poorly executed concept. You cannot put up items of which 90% are worthless and expect people to get excited.   Black Friday is not about clearing your inventory of garbage. It's about kick-starting the shopping season.   It's an entirely pointless exercise if you offer discounts on things no one wants."}
{"_id": "403271", "title": "", "text": "\"I searched for the phrase you quoted and received three results, none of which were meaningful. If what you say about this guy were true, it would be trivial to post some links.  I'm not sure how asking for citations is unpleasant. Did you telll teachers they were being \"\"unpleasant\"\" when they required a bibliography and/or works cited section in reports?\""}
{"_id": "403277", "title": "", "text": "Google's management is already acutely aware of hese forces and likely has better intel than any material publicly available. Apple is not in the ISP business and while people having faster internet would possibly benefit Apple to a mild extent this isn't a pressing issue for them.   Unfortunately the dominance of the cable oligopoly is upheld by political forces outside the influence of much of the private sector. I'm not too familiar with the American regulatory system but my guess is the DoJ wouldn't even look twice at this, let alone have any jurisdiction on the matter.   Sorry :("}
{"_id": "403286", "title": "", "text": "&gt; He shouldn't be allowed to work overtime. Bridge patrol should be mandated to be well rested and never overworked. They should work max 40 hrs a week. And they should be salaried and not hourly.  If you've got all these bright fuckin' ideas, why don't **you** go run the police department?"}
{"_id": "403288", "title": "", "text": "\"Careful, this could be a scam.  But if not.... There is no feasible way to turn that into cash without a very good reason that will require your banker to know you, as a depositor, reasonably well.  And it sounds like you aren't banked at all. If this is your money, please pay attention - Class in America is defined by financial knowledge.  If you are unbanked and lower class, $2M is actually dangerous - read a book called \"\"Money for Nothing\"\" about what happens to lottery winners.  Honestly the tendency is for lower-class people to be possessed to keep making lower-class financial decisions, which directly lead them to be broke and bankrupt in months regardless of the size of the windfall. So making decisions differently is literally rehab... No exaggeration.  To change your thinking, you'll want to read Suze Orman, John Bogle and Napoleon Hill.  For an American who thinks about money the way the upper-middle-class does, $2M in the bank means the end of the 9-5 grind. He will still need to work, but will be able to be much more selective about choosing jobs which are fulfilling.  It brings him the utopia we were promised.   If you are currently unbanked, you will simply need to get banked to handle a check of this size.   Handling this much cash is literally impossible due to the RICO laws designed to stop drug dealing and money laundering.  Even if you split it into many small amounts, that itself is structuring which is a felony all its own.  So let's get banked.   A $2M check is a terrible entr\u00e9 into the banking world because it makes you smell like a criminal or scammer at first introduction.  I could deposit one no problem because I have 10 years of history with my bank.  But you, you'll need to convince the bank you're the real deal, and give them reason to trust you. Be prepared to that \"\"trust\"\" to include depositing some money... at the least, the bank will want to know you're good for the bad-check fees they suspect will follow. Go to a local bank or savings-and-loan that you trust, the smaller the better, and sit down with a banker.  Describe your situation honestly and have him open an account and deposit the check.  If your burned your ability to open checking accounts with a ChexSystems mark, you'll need to be more selective about banks and be honest about that to the banker.  And wait a month for that check to clear positively, believe me your banker will be watching that.   At that point, if you want great bunches of the money out quickly, it'll need to be in the form of a cheque or bank check.  Cash ain't gonna happen, nor should it.  The reason is, again, the RICO laws.   Of course, if you are a criminal or scam victim, none of the above applies, sorry.\""}
{"_id": "403309", "title": "", "text": "\"I disagree. My parents, boomers, and their parents, depression era, have all told me that \"\"social security is going bankrupt!\"\" has been a major political talking point right from the start. There has not yet been a generation who was in their 20s who hasn't gotten that messaging. There have always been what seemed like legitimate threats, but social security really is somewhat of a case of \"\"too big to fail,\"\" and provided the wingnut crowd doesn't get crowned ruling council of the country and gut it, there's simply no way SS will be allowed to go under. Not with what a massive political force AARP and 55+ special interest groups are in the US. They are more massive on our political landscape than most people realize.   But I digress. The idea that SS won't be around in 50 years is how it's always been.\""}
{"_id": "403314", "title": "", "text": "I want to start investing money, as low risk as possible, but with a percentage growth of at least 4% over 10 - 15 years. ...I do have a mortgage, Then there's your answer.  You get a risk-free return of the interest rate on your mortgage (I'm assuming it's more than 4%).  Every bit you put toward your mortgage reduces the amount of interest you pay by the interest rate, helping you to pay it off faster.   Then, once your mortgage is paid off, you can look at other investments that fit your risk tolerance and return requirements. That said, make sure you have enough emergency savings to reduce cash flow interruptions, and make sure you don't have any other debts to pay. I'm not saying that everyone with a mortgage should pay it off before other investments.  You asked for a low-risk 4% investment, which paying your mortgage would accomplish.  If you want more return (and more risk) then other investments would be appropriate.  Other factors that might change your decision might be:"}
{"_id": "403318", "title": "", "text": "&gt; I feel the same way about your arguments, but I still try to respond to the content of your arguments rather than my assumptions about them.  You're right, I went ad hominem. Apologies.  &gt; Then I guess we have fundamentally different ideas about what is freedom and what is not. You seem to think that forcing someone to negotiate with a party, against their will, is not a violation of any of their rights.  We have the same goal, and that's to have a society that results the maximum quality of life for the most amount of people. However, being a pragmatist, this is where I usually fail to find common ground with the libertarian view point.  What should be a right and what should be restricted by law is totally subjective. So since any law can be seen as a violation of someone's rights, the argument that a law is wrong simply because it does so is invalid. To me a  demonstration that the benefits outweigh the costs is a more powerful argument, though it should probably be shown that there is a significant margin between the two, otherwise I'd have to air on the side of individual rights.  We don't have the right to advertise sugar pills as a cure for cancer, we don't have the right to drive our cars after 10 beers, we don't the right to sit on a park bench and start masturbating...we don't have these rights because the cost to our society is greater than the benefits (maybe these aren't the greatest examples but you get the idea).  So as for making an employer send a couple representatives to a bargaining table being a violation of their rights, yes it is, but this is such a small cost compared to the benefit of diminishing the chance of work stoppages that have a rippling effect on the economy and the resulting unrest created when people feel like they have no hope [(read the introduction to the NLRA)](https://www.nlrb.gov/national-labor-relations-act) I'd also argue that the NLRA protects more rights than it takes away - mainly the rights of free association and speech.  I could raise the issues of unions contributing to a more democratic and socially just society, but I'm guessing that'd fall on deaf ears. In general though, I think you give the idea of a union too much credit. Do you know how hard it is to get colleagues to start seeing one another as having shared interests? It ain't easy, that's for sure.  &gt; The solution is to let the process of economic development run its course until child labor is not necessary.  You may very well be right about this, but a child working a mundane job instead of building their mind, diminishes the life of one not strong enough yet to determine their own course, is just so terribly wrong. So I just have a hard time accepting this, especially living in a world where there is such with such a huge wealth disparity.    &gt; A union is not a self-interested party. A union represents self-interested parties, who are not directly affected by the destruction of their industry 30 years into the future, since they would have retired by then.  Unions are generally made up of the socially conscious type - no one gets into organizing for the money. I can't say for certain if this challenges your point, however I don't exactly see the difference between the unionist who is going to retire and the CEO is going to retire and the shareholders who can pull out when put their money elsewhere when it suits them.  &gt; Many of the laws and union-backed agreements that ended up destroying many of America's industries took decades to have their full effect. It wasn't a case of a law being passed, and the next year, the industry going bankrupt.  Examples needed where the industries were actually bankrupted, not just moved overseas to increase profits because workers will settle for less.  &gt; Why should employers pay out the most they can afford, and why should laws be passed to force employers to do so? The only reason people invest is to profit. If all profits had to be paid to employees, there would be no incentive to invest, and therefore no increase in capital/productivity.  I never said that employers should be paying out all they can afford, and you setting up this straw man only reiterates my point that these discussions with libertarian types all too often come down to this zero-sum game, where an increase in working conditions will trigger bankruptcy, which I think stems from a belief that supply-side economics is keeping standards the highest they can possibly be.  If a company has an operating income of $1 bil, what is giving a 5% pay raise to workers going to do, except make that operating income slightly less? I suppose it'd be better if that money were invested back into the company...but wait, aren't people a resource to invest in? And one that offers a high rate of return?  Take the the lock-out of ConEd workers in NYC for example: ConEd's profits were over 2 billion when their previous contract was signed, and a few years later when their contract expired the profits were still that high. What did ConEd do? They came to the table with an offer that slashed their benefits tremendously, and locked-out all the workers when the union rejected it.   How can the case be made that ConEd couldn't afford to give workers what they already had? Has their value all of a sudden dropped? I don't think so. This is just greed, and doesn't contribute to a healthy society."}
{"_id": "403320", "title": "", "text": "&gt; how come the business world still ignores him? And treat humans like machines?  The biggest reason is that you can't easily make a model unless you assume people are perfectly rational. So, although the assumption that people are rational is not perfect, it can still be useful for making business decisions. Businesses have to make decisions based on imperfect information every day. I don't think Thaler is ignored though."}
{"_id": "403342", "title": "", "text": "Aahhahahah Bestbuy? Are you fucking kidding me? I went to three Bestbuys in two different states this month. Both had at least 150 or so cars in the parking lot and the place was fucking packed.  Yeah, I know it's cool for Reddit to hate Bestbuy, but don't blind yourself in to thinking Bestbuy has a failing business, because it doesn't."}
{"_id": "403357", "title": "", "text": "Every now and then I fill a pocket with a handful of coins and spend it on a very small shop on my way home, i.e. a loaf of bread (\u00a31.50), a pint of milk (50p) by using the self-check out (Tesco/Sainsbury's) which has a coin slot or even better the little bowl where you put coins down. I find this pretty straightforward. There's no point having a jar at home worth \u00a350."}
{"_id": "403362", "title": "", "text": "The issue has nothing whatsoever to do with hating on women you stupid bitch. Employers don't want to have to incur the cost and expectation of women leaving work for eight weeks. Get it through your stupid feminist head that when you demand laws for special benefits they end up biting you in the ass later on. You asked for this shit so shut the fuck up and take it."}
{"_id": "403381", "title": "", "text": "\"$400M is the gross \"\"check\"\" the company will receive as payment for the project. The contract will specify payment schedule. And it can range from a payment per milestone achieved to a pay in full on completion.  The profit will hopefully be positive, but it's not impossible for a bid to underestimate the full cost, resulting in no profit at all. In theory, if you knew the expected profit from the deal, you should be able to estimate the value it adds to the company's value.\""}
{"_id": "403443", "title": "", "text": "Just for anyone who doesn\u2019t read the link a few posts above, when OP says some people will do this and still be in poverty, he means 2% of people. 98% of people who do this get out of poverty, and 75% get into the middle class."}
{"_id": "403450", "title": "", "text": "I agree with the other answers here.  You need to pay off your debts first, so that you can take the money you would have been spending on debt payments and make retirement contributions instead.  The longer they hang around, the more you pay in interest and the more they are a risk to you.  Imagine if you or your spouse were laid off, which is better scenario: having to pay for your necessities plus debts or your necessities alone?  Just focus on one goal at a time, and you will do well. And the best way for you and your new spouse is to have the same financial goals and a huge part of that agreeing on a budget each month and being flexible.  Don't use it to control your spouse, you each have a vote.  I have not used Vangaurd, but have heard good things about them.  I would do some research before investing with them or anyone else for that matter. What you want to find when it comes to investing is someone with the heart of a teacher, not a product peddler.  If you have someone who is pushing financial products, without explaining (A) how they work, and (B) how they fit your situation, then RUN AWAY and find someone else who will do those two things."}
{"_id": "403457", "title": "", "text": "Chinese currency is not freely convertible. Its exchange rate is not determined by the market but rather by the Chinese government. Thus the counter-intuitive result. In essence, the Chinese government is subsidizing exports (which is reasonable since exports is what drives the Chinese economy)."}
{"_id": "403480", "title": "", "text": "\"There are some assumptions which can be made in terms of the flexibility you have - I will start with the least flexible assumption and then move to more flexible assumptions. If you must put down a number 1, your go-to for this(\"\"Change the start period to 1\"\"), is pretty good, and it's used frequently for other divide-by-zero calculations like kda in a video game. The problem I have with '1' is that it doesn't allow you to handle various scales.  Some problems are dealt with in thousands, some in fractions, and some in hundreds of millions. Therefore, you should change the start period to the smallest significantly measurable number you could reasonably have. Here, that would take your example 0 and 896 and give you an increase of 89,500%. It's not a great result, but it's the best you can hope for if you have to put down a number,  and it allows you to keep some of the \"\"meaning in the change.\"\" If you absolutely must put something This is the assumption that most answers have taken - you can put down a symbol, a number with a notation, empty space, etc, but there is going to be a label somewhere called 'Growth' that will exist. I generally agree with what I've seen, particularly the answers from Benjamin Cuninghma and Nath. For the sake of preservation - those answers can be summarized as putting 'N/A' or '-', possibly with a footnote and asterisk. If you can avoid the measurement entirely The root of your question is \"\"What do my manager and investors expect to see?\"\" I think it's valuable to dig even further to \"\"What do my manager and investors really want to know?\"\". They want to know the state of their investment. Growth is often a good measurement of that state, but in cases where you are starting from zero or negative, it just doesn't tell you the right information. In these situations, you should avoid % growth, and instead talk in absolute terms which mention the time frame or starting state. For example:\""}
{"_id": "403491", "title": "", "text": "I can't speak authoritavely about enforceability. I've done some work on arbitration clauses for a client and worked on a major litigation case where we were trying to invalidate some arbitration clauses and arguing duress (but we ended up settling before it went to court). I believe common some law concepts would work (they are contracts after all), but the FAA is usually read to preempt some typical defenses.  I also know in some jurisdictions the enforceability of an arbitration cause is put to arbitration itself, which is a barrier to getting some sort of collective action going and effectively cools a lot of litigation.  It may very well be that Uber's arbitration agreements are unenforceable, but there is a lot of rage on Reddit over Uber's use of arbitration clauses, and I only wanted to bring up the fact that companies use them all the time"}
{"_id": "403501", "title": "", "text": "It gives you a strong fundamental understanding of the operations of a business and can be leveraged into various areas within a business. It also gives you a wide range of opportunities from auditing, investment banking, consulting, and finance based on your drive and interests. It also has strong future job growth and good career progression."}
{"_id": "403503", "title": "", "text": "The belief that you need elites to set rules for you, safety nets to protect you, men with guns to discipline you, and that its ok to use violent force to enforce your rules is self hatred at its very fundamental level.  YOU may need all those things, I do not."}
{"_id": "403505", "title": "", "text": "According to the New York Attorney General's Tenants' Rights Guide: Landlords, regardless of the number of units in the building,   must treat the deposits as trust funds belonging to their tenants and they may not co-mingle deposits with their own money. Landlords of buildings with six or more apartments must   put all security deposits in New York bank accounts earning   interest at the prevailing rate. Each tenant must be informed   in writing of the bank\u2019s name and address and the amount of   the deposit. So you have to keep it separate, you can't spend it, and if you own more than six units, you have to put it in a bank account.  (The guide goes on to explain that the interest should be paid to the tenant.)"}
{"_id": "403514", "title": "", "text": "\"How will contribution limits rise?  Contribution limits are raised based on COLA. COLA (Cost of Living Adjustment) is a number based on CPI (Consumer Price Index) which is published by the Bureau of Labor Statistics. The IRS publishes these limits annually and a simple search term to find them each year is \"\"415 limits\"\" because section 415 lists how much the various qualified plans can set aside each year. CPI is a heavily managed and very political number. It is the number that is cited when the media talks about \"\"inflation.\"\" Since it drives increases in salaries, deductions, Social Security and pension payments, there is very heavy pressure to keep the number smaller than it really is.  My next step was to calculate how long that money will last  One traditional rule-of-thumb is to withdraw 4% of your balance each year. Another alternative is to purchase annuities. While younger people think that annuities are horrible investments, they appeal to older people because they protect the annuitant from excessive risk of losing your capital. When you are 30, and another 2008 comes along wiping out half your savings, you have time to re-earn that money. When you are 60, and another 2008 comes along wiping out half your savings, you have very few years to recover that money. So an annuity pushes that risk onto insurance companies. If you think you will die in your 90s, then an annuity is going to be a good investment (the insurance company will be betting that you won't be living that long).  I have a simple spreadsheet that I use to calculate estimated projected balances and compare them to actual performance. Don't forget that when you reach 50, the amount you can contribute goes up due to \"\"catch up contributions.\"\"   There are 2 views of the same tab in this picture. There are 3 growth rates: pessimistic, nominal and optimistic. You can change the numbers to suit your own projections of future growth. Other tabs on this spreadsheet include measurements of actual performance by my 401k and IRA accounts. At the end of the year, I replace the numbers in columns F, G & H with the actual end-of-year dollar amounts. This way, future estimates do not get too far unhinged from reality.  If you need more sophisticated planning, such as Monte Carlo analysis to attempt to cope with inflation, I recommend the book Engineering Your Retirement. The book is aimed at younger engineers, so there is a bit more math than the average person would want.\""}
{"_id": "403515", "title": "", "text": "What you haven't mentioned is the purchase risk.  You say that she will buy but then say you will be on the loan. If you are on the loan, essentially you will be purchasing a rental property and renting to your mother.  So that is the analysis you need to consider. You need to be financially able to take on this purchase and be willing to be a landlord. The ten year timeline looks good on paper. This may not be realistic, especially with an aging parent.  What if after 4 years, she can't stay in that condo?  What renting buys is flexibility. If she needs money for any reason, it is not tied up in an asset and unavailable. She is able it move if necessary. If she won't need the money, she should buy in cash. That, by far, gives her the best deal."}
{"_id": "403521", "title": "", "text": "\"&gt;In regards to the government's size: I personally believe it is much too large.  Here I would agree, and yet disagree at the same time.  Wait... WTF do I mean by that?  Well, take for example your local county \"\"justice\"\" (courthouse) operation. Chances are the number of judges hearing cases has increased only SLIGHTLY from the number a century ago (at most they have probably doubled the number of judges). This despite the fact that the population has likely increased by fivefold or even tenfold, and the amount of statutes and regulations people being charged with violating has probably increased a hundredfold or more.  *End result: a justice system that relies upon rather blatant coercion (escalating the charges in order to force a \"\"plea\"\" deal and so to prevent the vast majority of cases from actually going to a trial, much less a \"\"trial by jury\"\" thus effectively turning the 6th amendment into a farcical hollow shell).*  What has increased in size and scope instead (and not only in relation to the population increase, but many, many times greater increase) ... the number of police, the number of \"\"jailers\"\", and probation/parole officers, etc.  Likewise, whereas when the country was founded each Congressman represented a fairly small number of constituents (IIRC initially one for every 30,000 people -- basically the equivalent of what today would be a \"\"mayor\"\" for a small to mid sized country town).  But NOW, most congressmen have far in excess of a MILLION constituents.  *End result: representation (and the \"\"accountability\"\" elections are supposed to enable) has, similar to the aforementioned \"\"justice\"\" system, become a farcical thing.* (Cf http://www.thirty-thousand.org/)  And again, what has happened in the place of an \"\"expansion of representation\"\"?  The inordinate multiplication of (almost entirely) unaccountable \"\"bureaucrats\"\"; echoes of the Declaration of Independence which states (in the list of complaints against the King of England), to wit: *\"\"He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.\"\"*  ---  *So it isn't really so much the simple measure of the SIZE of government, as it is* **the specific ways and places and (unconstitutional) roles** *into which the additional personnel have been added.*\""}
{"_id": "403537", "title": "", "text": "unless you had a distribution network and the customers to use it, IE: brick and motor stores in every city that can field orders and the volume to justify truck routes.  Here in Canada there is grocery deliveries via grocery gateway (filled by longo's, a grocery chain in the GTHA) and even Walmart is getting in on it. Granted it is only in the GTHA right now, but the model could work in towns that aren't tooooo sparse."}
{"_id": "403540", "title": "", "text": "I remember when the whole 'Supersize Me' effect hit McDonalds hard but they reworked their menu, invested in refurbishing their chains and branched out to the McCafe range and other more diverse products.  Personally I dislike their food and never eat there but I think they have some smart business people in upper management which will get them through this slump."}
{"_id": "403556", "title": "", "text": "I would open a taxable account with the same custodian that manages your Roth IRA (e.g., Vanguard, Fidelity, etc.). Then within the taxable account I would invest the extra money in low cost, broad market index funds that are tax efficient. Unlike in your 401(k) and Roth IRA, you will now have tax implications if your funds produce dividends or realize a capital gain. That is why tax-efficient funds are important to minimize this as much as possible.  The 3-fund portfolio is a popular choice for taxable accounts because of simplicity and the tax efficiency of broad market index funds that are part of the three fund portfolio. The 3-fund portfolio normally consists of Depending on your tax bracket you may want to consider municipal bonds in your taxable instead of taxable bonds if your tax bracket is 25% or higher.  Another option is to forgo bonds altogether in the taxable account and just hold bonds in retirement accounts while keeping tax efficient domestic and international tock funds in your taxable account. Then adjust the bond portion upward in your retirement accounts to account for the additional stocks in your taxable accounts. This will maintain the asset allocation that you've already chosen that is appropriate for your age and goals."}
{"_id": "403559", "title": "", "text": "I can't comment about your tax liability in Greece. You will have to pay tax on interest in the UK. If you are earning massive amounts of interest, unlikely with the current interest policies from Merv, then you might be bumped up a tier. The receiving bank may ask for proof of the source of the funds, particularly if it is a fair chunk of change."}
{"_id": "403563", "title": "", "text": "Look for discounts from a health insurance provider, price club, professional memberships or credit cards. That goes for a lot of things besides health memberships.  My wife is in a professional woman's association for networking at work.  A side benefit is an affiliate network they offer for discounts of lots of things, including gym memberships."}
{"_id": "403568", "title": "", "text": "Ok maybe I should have went into further detail but I'm not interested in a single point estimate to compare the different options.  I want to look at the comparable NPVs for the two different options for a range of exit points (sell property / exit lease and sell equity shares). I want to graph the present values of each (y-axis being the PVs and x-axis being the exit date) and look at the 'cross-over' point where one option becomes better than the other (i'm taking into account all of the up front costs of the real estate purchase which will be a bit different in the first years).  i'm also looking to do the same for multiple real estate and equity scenarios, in all likelihood generate a distribution of cross-over points.  this is all theoretical, i'm not really going to take the results to heart. merely an exercise and i'm tangling with the discount rates at the moment."}
{"_id": "403569", "title": "", "text": "Florida. Piece work. Gutters. Oh and the industry is in such demand you can company hop all day all over the country. It's not much just climbing a ladder all day in the sun in 110 heat index 100% humidity hardly able to move after work. Oh that's also if you don't mind basically working minimum wage for the first year until you get good. Yeah no medical but no one seems to care if you're a junkie or alcoholic. Or call out every day. Or show up late because you can't be fired because there is no one to replace you."}
{"_id": "403583", "title": "", "text": "Laser hair removal BC most likely the best solutions offered right now to take away excess hair. It offers one of the only long term options and will give perfect results just one or two procedures. Even if you wax or deep shave, the hair will come back after a period of time.."}
{"_id": "403599", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://voxeu.org/article/price-manipulation-bitcoin-ecosystem) reduced by 94%. (I'm a bot) ***** &gt; While Bitcoin shows great promise to disrupt existing payment systems through innovations in its technical design, the Bitcoin ecosystem1 has been the frequent target of attacks by financially motivated criminals.  &gt; Why should we care about the Bitcoin manipulation that took place in 2013? After all, the Bitcoin ecosystem is not nearly as important as the New York Stock Exchange.  &gt; Vasek, M, J Bonneau, R Castellucci, C Keith and T Moore, &amp;quot;The Bitcoin brain drain: a short paper on the use and abuse of bitcoin brain wallets&amp;quot;, in Financial Cryptography and Data Security, Lecture Notes in Computer Science.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6j208h/fair_warning_scientific_study_price_manipulation/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~150937 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bitcoin**^#1 **trade**^#2 **exchange**^#3 **currency**^#4 **cryptocurrency**^#5\""}
{"_id": "403601", "title": "", "text": "\"Israel has a federal union (called \"\"Histadrut\"\") since its founding.  As an Israeli, I can assure you: a Federal Union will be as corrupt as local unions and as most politicians are. Power leads to corruption.  What we need are laws, and not departments, committees and groups to work \"\"for the worker and American citizens\"\".\""}
{"_id": "403608", "title": "", "text": "\"Long term capital gains are taxed at 15% this year, so the most you stand to save is $150. I wouldn't sell anything at a loss just to offset that, unless you planned on selling anyways.  A few reasons: The Long term capital gains rate will go up to 20% next year, so your losses will be \"\"worth more\"\" next year than this year. Short term capital gains rates will go up next year as well, so again, better off saving your losses for next year. You must use capital losses to offset capital gains if you have them, but if you don't have any capital gains, you can use capital losses to offset ordinary income (up to a limit - $3,000 a year IIRC).  So, if you just bite the bullet and pay the 15% on your gains this year, you could use your losses to offset your (likely higher rate) ordinary income next year. FYI, complete chart for capital gains tax rates is here. I also posted another answer about capital gains to this question a while back that might be useful.\""}
{"_id": "403610", "title": "", "text": "its not about ruin, its about less and less incentive through decreased net profits.  Your business yields 50% net profits off the gross? Acceptable. Through increased liability it yields only 40%? Less incentive.  If I told you your paycheck would remain the same, but gas would go up 20% and you've got a 40 mile commute. Would you keep the same job? At what point do you leave that job? How close to 100% of your salary cost in gas would you continue working? What if 80% of your net income went to gas?"}
{"_id": "403615", "title": "", "text": "For your business and specific needs, you can take company public consultant assistance. Their experienced and polite professionals will closely work along with you throughout the process. The CEO of Mina Mar Group has been assisting publicly traded companies and also private companies. To serve our private business clients, we work along with the equity lenders."}
{"_id": "403618", "title": "", "text": "&gt; They suck at building cars  Let's not let emotion blind us to their capabilities. You might not like their cars (I don't), but the 1980's were a long time ago, and they make quality vehicles all over the world. The have the resources to write and/or acquire software, too."}
{"_id": "403643", "title": "", "text": "You didn't answer my question. If you can't answer a yes or no question there is not point in engaging further.   Ill be happy to answer your question, why don't you afford me the same courtesy.   I do because there are biological differences, from intelligence to athleticism. Why is the NBA dominated by blacks? Why are there no 1st world majority black nations?  \ud83e\udd14\ud83e\udd14\ud83e\udd14"}
{"_id": "403663", "title": "", "text": "\"Social security number should only be needed for things that involve tax withholding or tax payment. Your bank or investment broker, and your employer, need it so they can report your earnings. You need it when filing tax forms. Other than those, nobody should really be asking you for it.  The gym had absolutely no good reason to ask and won't have done anything with the number. I think we can ignore that one. The store cards are a bigger problem. Depending on exactly what was done with the data, you may have been messing up the credit record of whoever legitimately had that number... and if so you might be liable on fraud charges if they or the store figure out what happened and come after you. But that's unrelated to the fact that you have a legitimate SSN now. Basically, you really don't want to open this can of worms. And I hope you're posting from a disposable user ID and not using your real name... (As I noted in a comment, the other choice would be to contact the authorities (I'm not actually sure which bureau/department would be best), say \"\"I was young, foolish, and confused by America's process... do I need to do anything to correct this?\"\", and see what happens... but it might be wise to get a lawyer's advice on whether that's a good idea, a bad idea, or simply unnecessary.)\""}
{"_id": "403677", "title": "", "text": "lol yea, I know. You think he's going to keep investing in and running his only meaninful competitor in a space he just made a big move in? Because he got a shitty super minority stake? Get out of here"}
{"_id": "403679", "title": "", "text": "Starting a blog is a process that can be equally rewarding whether you are doing it for professional or personal reasons. No matter what your reasons for running a blog, your blog is your own. But if you want to get people to visit your site, it\u2019s important to handle your blog in the best way possible. In the following article, you\u2019ll read some helpful tips on how to start building a blog."}
{"_id": "403684", "title": "", "text": "Just signed up to them recently myself.  Still not sure if I want to delete my account now, or wait and see if they can get more western European documents on line.   Just haven't had time to find out who this Primera is, and if I need to worry about them selling my data."}
{"_id": "403688", "title": "", "text": "I just wonder how they will handle the logistics and supply if demand goes through the roof because of lower prices. Sure, Amazon has a large distro network, but can they adapt it well enough to carry the WF inventory and ship to stores efficiently enough? I foresee a lot of out of stock merchandise."}
{"_id": "403695", "title": "", "text": "\"the \"\"advisory committee\"\" is comprised of 28 foxes and 2 hens, to determine the fate of the rest of the hens.  its implicitly obvious whose interests are being represented.  in addition, you are ignoring the profit motive as if it doesn't exist.  you are perhaps unaware how expensive and crappy US internet is compared to the rest of the first world.  is your *opinion* the same about the EPA under Scott Pruitt?  the very people the EPA is supposed to keep in check are now in charge of the EPA.  the FCC appears to be heading in the same direction\""}
{"_id": "403701", "title": "", "text": "This is really an extended comment on the last paragraph of @BenMiller's answer. When (the manager of) a mutual fund sells securities that the fund holds for a profit, or receives dividends (stock dividends, bond interest, etc.), the fund has the option of paying taxes on that money (at corporate rates) and distributing the rest to shareholders in the fund, or passing on the entire amount (categorized as dividends, qualified dividends, net short-term capital gains, and net long-term capital gains) to the shareholders who then pay taxes on the money that they receive at their own respective tax rates. (If the net gains are negative, i.e. losses, they are not passed on to the shareholders. See the last paragraph below).  A shareholder doesn't have to reinvest the distribution amount into the mutual fund: the option of receiving the money as cash always exists, as does the option of investing the distribution into a different mutual fund in the same family, e.g. invest the distributions from Vanguard's S&P 500 Index Fund into Vanguard's Total Bond Index Fund (and/or vice versa). This last can be done without needing a brokerage account, but doing it across fund families will require the money to transit through a brokerage account or a personal account. Such cross-transfers can be helpful in reducing the amounts of money being transferred in re-balancing asset allocations as is recommended be done once or twice a year. Those investing in load funds instead of no-load funds should keep in mind that several load funds waive the load for re-investment of distributions but some funds don't: the sales charge for the reinvestment is pure profit for the fund if the fund was purchased directly or passed on to the brokerage if the fund was purchased through a brokerage account. As Ben points out, a shareholder in a mutual fund must pay taxes (in the appropriate categories) on the distributions  from the fund even though no actual cash has been received because the entire distribution has been reinvested. It is worth keeping in mind that when the mutual fund declares a distribution (say $1.22 a share), the Net Asset Value per share drops by the same amount (assuming no change in the prices of the securities that the fund holds) and the new shares issued are at this lower price. That is, there is no change in the value of the investment: if you had $10,000 in the fund the day before the distribution was declared, you still have $10,000 after the distribution is declared but you own more shares in the fund than you had previously. (In actuality, the new shares appear in your account a couple of days later, not immediately when the distribution is declared).  In short, a distribution  from a mutual fund that is re-invested leads to no change in your net assets, but does increase your tax liability. Ditto for a distribution that is taken as cash or re-invested elsewhere. As a final remark, net capital losses inside a mutual fund are not distributed to shareholders but are retained within the fund to be written off against future capital gains. See also this previous answer  or this one."}
{"_id": "403709", "title": "", "text": "Yup, 7 figure seller myself. That's why everything possible goes fba anyway. Ain't nobody got time to deal with customers anyway, who can compete on that, especially with Amazon. It's not that the customer is always right, it's just easier most of the time to treat them like they are and move on. If customer issues are a significant part of your business, or can cause that much damage, you shouldn't be in this business."}
{"_id": "403726", "title": "", "text": "I am quite sure you can set up an office in your basement for a lot less than $15,000. Don't build any walls, install any flooring, or upgrade the ceiling. Just install more lights and plugs. Set up your desks, bookshelves and what not in whatever corner is furthest from noises like the laundry room or the furnace. The kids and the nanny get the main floor - just let the whole living room be a giant playroom, for example. This gives you the separation you need to work at home, but you can hear if something really needs your attention.  When the kids go off to school, you can refinish the basement into a playroom for kids who don't always need supervision, using the money you are no longer spending on the nanny to install carpeting, real walls, a drop ceiling and so on. Your office stuff can move up to the main floor or to a spare room upstairs if you had one but it wasn't usable during the baby years when upstairs generally has to be quiet. As the kids get older the basement can get tailored to what preteens and teens like. This is essentially what we did, and our square footages and child counts match yours almost precisely. We did eventually convert our garage to carpeted and finished space, and it spent time as an office with staff coming in each day, then some time as a teen playroom (think video games and loud music) after the business rented office space outside the house, but if you don't intend to hire staff for your business you don't need to do this part. We did the majority of the basement wiring ourselves and got an electrician to hook it into the panel and check our work. The budget would probably be less than 10% of the guess from your real estate agent."}
{"_id": "403735", "title": "", "text": "\"You can definitely do it. But: Refinancing would make more sense to you, you can refinance at no cost and get rates below 4%, so you'll be saving 1% a year, without paying anything extra. If you pay the fees you'll get even lower rates, but then you need to check whether its worth it. I've just refinanced to a 15 years fixed mortgage at no cost a couple of months ago, and got 3.875% rate (in California), so its definitely worth looking into, don't just dismiss it. This will limit your flexibility though, because paying 30yrs loan \"\"as if\"\" is much more flexible than committing on 15yes loan - you can always go back to your original payments if you want to spread it out a bit more. You can add a HELOC once you've accumulated some equity to back you up, that's what I did.\""}
{"_id": "403739", "title": "", "text": "It is ALWAYS possible for a company's valuation in the market to be larger than the market it serves, and in fact it is not uncommon.  There's valid argument that Uber would be a good example of this, with a market cap of more than $60 billion.  Market cap is the total value of all shares outstanding.  Keep in mind that what a company's shares  trade for is less a reflection of its past (or, to some degree, even present) revenue activity and more of a speculative bet on what the company will do in the future."}
{"_id": "403749", "title": "", "text": "What can you do?  Pay the loan or face the debt collectors. The finance company don't care who now keeps the car, or who drives it.  There's money outstanding on the loan, and your signature on the loan form. That's why co-signing a loan for someone else so often ends in tears."}
{"_id": "403755", "title": "", "text": "\"1) When it says \"\"an investment or mutual fund\"\", is a mutual fund not   an investment? If no, what is the definition of an investment? A mutual fund is indeed an investment. The article probably mentions  mutual funds separately from other investments because it is not uncommon for mutual funds to give you the option to automatically reinvest dividends and capital gains.    2) When it says \"\"In terms of stocks\"\", why does it only mention   distribution of dividends but not distribution of capital gains? Since distributions are received as cash deposits they can be used to buy more of the stock. Capital gains, on the other hand, occur when an asset increases in value. These gains are realized when the asset is sold. In the case of stocks, reinvestment of capital gains doesn't make much sense since buying more stock after selling it to realize capital gains results in you owning as much stock as you had before you realized the gains. 3) When it says \"\"In terms of mutual funds\"\", it says about \"\"the   reinvestment of distributions and dividends\"\". Does \"\"distributions\"\" not   include distributions of \"\"dividends\"\"? why does it mention   \"\"distributions\"\" parallel to \"\"dividends\"\"? Used in this setting, dividend and distribution are synonymous, which is highlighted by the way they are used in parallel. 4) Does reinvestment only apply to interest or dividends, but not to   capital gain? Reinvestment only applies to dividends in the case of stocks. Mutual funds must distribute capital gains to shareholders, making these distributions essentially cash dividends, usually as a special end of year distribution. If you've requested automatic reinvestment, the fund will buy more shares with these capital gain distributions as well.\""}
{"_id": "403776", "title": "", "text": "\"The question I think is not: \"\"What is a certain material worth in a coin\"\" but \"\"What is a certain material worth in a coin and how much does it cost to get it out of there\"\". Just because something contains a certain element doesn't mean that you can get to it cheaply. Also as George Marian said: I don't think that it is legal to melt coins. So if the time comes you would first have to find a company willing to process the coins etc. Also you should not only compare what it is worth now and at a later time but also what that money would be worth if you put it into a high yielding savings account or something like that.\""}
{"_id": "403800", "title": "", "text": "Isn't Uber's insane valuation based on the promise that they will usher the autonomous vehicle era? Didn't Uber steal that tech (LADAR) from Google, which hopefully google will put Uber in the poor house if it goes to trial?  You can tell who I'm rooting for."}
{"_id": "403817", "title": "", "text": "I'm not sure those are as directly correlated as you make it appear.  Wouldn't capacity refer to the ability of solar panels to store energy, while production refer to how much is actually generated? If true, then generation could have extreme variance based on where it is installed (i.e. how much access the panels have to sunlight). A person installing a solar panel in Minnesota will have drastically different power generation than a person installing that same panel in the middle of an Arizona desert, but wouldn't their capacity for storage be equal?"}
{"_id": "403826", "title": "", "text": "For bonds bought at par (the face value of the bond, like buying a CD for $1000) the payment it makes is the same as yield. You pay $1000 and get say, $40 per year or 4%. If you buy it for more or less than that $1000, say $900, there's some math (not for me, I use a finance calculator) to tell you your return taking the growth to maturity into account, i.e. the extra $100 you get when you get the full $1000 back. Obviously, for bonds, you care about whether the comp[any or municipality will pay you back at all, and then you care about how much you'll make when then do. In that order. For stocks, the picture is abit different as some companies give no dividend but reinvest all profits, think Berkshire Hathaway. On the other hand, many people believe that the dividend is important, and choose to buy stocks that start with a nice yield, a $30 stock with a $1/yr dividend is 3.3% yield. Sounds like not much, but over time you expect the company to grow, increase in value and increase its dividend. 10 years hence you may have a $40 stock and the dividend has risen to $1.33. Now it's 4.4% of the original investment, and you sit on that gain as well."}
{"_id": "403829", "title": "", "text": "\"Your honor, last Wednesday we observed this man paying some kids $12 for what he called The Works. He said he would give them $14 if they did the feet hands\"\" but the kids said no. Seemed awfully suspicious to us too.\"\"\""}
{"_id": "403842", "title": "", "text": "Your mother has a problem that is typical for a woman with children.  She is trying to help her children have a good life, by sacrificing to get them to a point where they can live comfortably on their own.  Though she has a difficult situation now, much of the problems come from a very few choices by her and her children, and her situation can be fixed. Let me point out a few of the reasons why she has come to this point: My mother is a single mom... she is turning 50 this summer... she has about $60k in school loans from the college I attended... she has payments of $500/month ($10k) to my sisters college... she lives on her own in a 2 bedroom apartment... Mother's current 'income statement', Income Essentials (total $3131, 71%, too high, goal $2200) Lifestyle (total $150, low, she should have $500-900 to live her life) Financial (total $1350, 31%) Some observations and suggestions: Even though the $1625 rents seems high, your mom might enjoy her apartment and consider part of her rent ($300) a lifestyle choice (spending money for time), and the higher rent may make sense.  But the rent is high for her income. Your mom should be spending more on food, and budget $200/month. Your mom should be saving money for investments and retirement.  She should be putting 10% into savings ($440), plus any IRA/401K pretax savings. Your sister should be paying for her own college.  She should take her own student loans, so that her mother can save for retirement.  And since she only has $10K left, an alternative would be that you could loan her the money, and she could repay you when she graduates (you have money, as you loaned your mother $8K). You should be repaying the $500/month on the $60K student loan your mother took to help you get through college.  You have benefited from the education, and the increased opportunity the college education has given you.  Now is the time to accept responsibility and pay your debts.  You could at least agree to split the expense with her, and were you paying even $300/month (leaving $200 for her), that would still fix her budget. Your mom should get a car that is paid for and reduce her transportation expenses, until the $350/month debt is resolved.  She should resolve to spend no more than $300/month for a car, and with $100/month for insurance be under 10% for her vehicle. Since your mother lives in the US (NJ) she could avoid the $350/month debt payment though BK.  But since there are other solutions she could exercise to resolve her problems, this is probably not needed. You mom could consider sharing her apartment to share expenses.  Paying $1625 for an apartment for one person seems extravagant.  She might enjoy sharing her apartment with a room-mate. That is about it.  Once her children take responsibility for their lives, your mom will have a manageable budget, and less stress in her life. Mother's revised 'income statement', Income Essentials (total $2721, 62%, high, need to reduce by $500) Lifestyle (total $450, 10%, low) Financial (total $990, 23%) While you and your sister have these changes, Summary of changes: Some rent is lifestyle, reduced car loan by $200, sister pays her college $500, you pay your college $300, mom saves 10% of her income.  Once your sister graduates and starts to repay you for your help with her college, you can take over paying the remainder of your loans, saving your mom an additional $200/month."}
{"_id": "403848", "title": "", "text": "Impossible. There is no such thing as a business loan without proper collateral.  There are a couple of exceptions: Friends, and Family members.  But you want to be absolutely 100% sure your business plan can be executed successfully, and that your business plan is awesome.  You don't have a business plan? Then you're just going to be stealing money from your family and friends."}
{"_id": "403854", "title": "", "text": "The benefit was to the employees, not necessarily the company. The employees did it because if one of their metrics that they're compensated and tracked on is how many new accounts have they opened (generally implying new customers they have drawn in to Wells Fargo) then just opening fake or 0 balance accounts was an easy way to hit these goals and keep your job."}
{"_id": "403864", "title": "", "text": "Like an S&amp;P 500 ETF?  So you're getting in some cash inflow each day, cash outflows each day.  And you have to buy and sell 500 different stocks, at the same time, in order for your total fund assets to match the S&amp;P 500 index proportions, as much as possible.  At any given time, the prices you get from the purchase/sale of stock is probably going to be somewhat different than the theoretical amounts you are supposed to get to match, so it's quite a tangle.  This is my understanding of things.  Some funds are simpler - a Dow 30 fund only has 30 stocks to balance out.  Maybe that's easier, or maybe it's harder because one wonky trade makes a bigger difference?  I'm not sure this is how it really operates.  The closest I've gotten is a team that has submitted products for indexing, and attempted to develop funds from those indexes.  Turns out finding the $25-50 million of initial investments isn't as easy as anyone would think."}
{"_id": "403870", "title": "", "text": "Fund performance at NAV (%) for latest quarter, YTD, and average annual total returns for 1, 3, 5, 10 years. P/E ratio (1 yr. forecast), P/B ratio, Beta, Sharpe ratio, Wtd. avg. market cap, fund assets.  I guess I would want to calculate all these things based off of the data that I would be working with. I will assume I am working with daily fund values per share over 10+ years."}
{"_id": "403872", "title": "", "text": "Article is 1 paragraph long and does not answer the question in the headline. Just states the fact that Tesla bonds are higher yield.  I was hoping to be able to read speculation as to why bond investor's are valuing them this way."}
{"_id": "403877", "title": "", "text": "You should not open a company unless and until you want to continue operating your company for the longer term. If it is only for a year so so, refrain from opening a company. I am an IT contractor and operate through a limited company. Believe me it isn't that difficult to operate through a limited company. If you are afraid of doing your books, get an accountant and he will do it for you. Should not cost you more than a \u00a31000 - 1500 or so. Regarding what you can claim as an expense, it depends on how you can confirm that the expenses you incurred are for the company. Your accountant can help you out on that. If you claim false expenses and are caught, you have to forgo a lot to the HMRC.  Google is the best option, there are loads of sites which can help you on that."}
{"_id": "403899", "title": "", "text": "Far and away the most valuable skill in investing, in my opinion, is emotional fortitude.  You need to have the emotional stability and confidence to trust your decision making and research to hold on down days."}
{"_id": "403916", "title": "", "text": "\"Another approach would be more personalized, which is to measure the risk of missing your goals, rather than measuring the risk of an investment in some abstract sense. Financial planners do this for example with Monte Carlo simulation software (see http://en.wikipedia.org/wiki/Monte_Carlo_method). They would put in a goal such as not running out of money before you die, with assumptions such as the longest you might live and how much you'll withdraw every year. You'd also assume an asset allocation. The Monte Carlo simulation then generates random market movements over the time period, considering historical behavior of your asset allocation, and each run of the simulation would either succeed (you are able to support yourself until death) or fail (you run out of money). The risk measure is the percentage of simulation runs that fail. You can do this to plan saving for retirement in addition to planning withdrawals; then your goal would be to have X amount of money in real after-inflation dollars, perhaps, and success is if you end up with it, and failure is if you don't. The great thing about this risk measure is that it's relevant and personal; \"\"10% chance of being impoverished at age 85,\"\" \"\"20% chance of having to work an extra decade because you don't have enough at 65,\"\" these kinds of answers. Which is a lot easier to act on than \"\"the variance is 10\"\" or \"\"the beta is 1.5\"\" - would you rather know your plan has a 90% chance of success, or know that you have a variance of 10? Both numbers are probably just guesses, but at least the \"\"chance of success\"\" measure is actionable and relevant. Some tangential thoughts FWIW:\""}
{"_id": "403918", "title": "", "text": "Yes, it's probably one of the best combinations for the current/future job market. A lot of the finance industry will (eventually) become more technological with areas like algorithmic trading and artificial intelligence, and CS is a good way to position yourself for this. Only if you're interested in it though, otherwise it's kind of pointless."}
{"_id": "403930", "title": "", "text": "Since your comment on @JoeTaxpayer's answer says that you are still under the 2012 contribution limits if the extra money is left in your 401k account, I do not think  that there is any problem for you if the money is left in the 401k account. As I understand it, your salary is $X for 2012 of which you contribute some percentage per paycheck to your 401k account. Your contributions  would have totaled $Y for 2012 if the glitch of extra money being out into your 401k account had not occurred. In the absence of the glitch, your W-2 form would have reported $X as gross wages, $(X-Y) as taxable wages and $Y as 401k contributions. Since an additional $z has been put into your 401k account, but not deducted from your paycheck, your employer could do one of two things. The extra money could be withdrawn from your 401k account by your employer. If this is done, then your W-2 form will be as described above. The extra money is not withdrawn by your employer. Your W-2 form will still report $(X-Y) as taxable wages, but $(Y+z) as the 401k contribution and $(X+z) as gross wages. Since $(Y+z) is less than the maximum 2012 contribution, everything is fine. In your position, I would very much prefer the latter alternative over the former, not just because there is a larger contribution to the 401k account with no change in tax liability, but also because there is always the possibility that HR/Payroll will screw up the withdrawal of the excess contribution so that it appears as a premature withdrawal by the participant. In this case,  the participant not only has to pay income tax on $z but also a 10% excise tax for premature withdrawal, without actually  getting even a penny from that $z taken out, which will go right back into the employer's coffers."}
{"_id": "403934", "title": "", "text": "An activity which can help improve your credit score and actually make you money is stoozing. It's a little complicated but can be beneficial to do. Using either a credit card which allows fee free money withdrawals from cashpoints or building up debt using your credit card gives you access to your credit amount. You then use a long term 0% balance transfer card to transfer the debt which you pay off at the minimum rate. It's 0% so no costs are associated except for the initial fee paid for the balance transfer amount. The money that would have been used to pay off the credit amount (or money withdrawn from a cashpoint) can then be deposited in a savings account so you are now earning interest on the credit balance. Continuing to make monthly minimum payments via direct debit will help improve your credit rating and the savings money will earn interest. (it is also available if you suddenly need to pay off the 0% card)"}
{"_id": "403948", "title": "", "text": "If you hold this money in USD and spend it in the US as USD, then there is no tax liability or reporting requirement at all.  You are not subject to any tax on foreign exchange gains and losses because you have not performed any foreign exchange.  CRA says a foreign exchange gain or loss happens when the fx transaction occurs\u2014not as the currency\u2019s value fluctuates while on deposit - and since you are never performing an fx transaction, no such issues will arise.  The CRA is not interested in how you spend your money, only the money that you earn.   The only possible tax liability that would arise in the circumstances that you describe would be the tax liability arising from interest earned while the cash in on deposit.  If this interest exceeds the threshold of reportability, then your bank will issue you with a T-slip to be included in your tax return."}
{"_id": "403953", "title": "", "text": "I was just clarifying cause t3tsubo thought that BamBamCam was taking a jab at Warren Buffett when he was just mentioning Buffett Sr's wish to pass the company to Howard in a non executive role.  I've got no problem with small businesses doing it, hell the children probably have more passion for the business anyways. But yes, I would say this practice becomes a little more dicey with huge/public companies"}
{"_id": "403960", "title": "", "text": "You have to be careful.  For example if you disliked a company you could go get a job there and then deliberately commit a relevant crime.  Get three people to do this and they are out of business.  Walmart is an obvious target, but I'm sure you could find people who dislike almost every business even Costco or Starbucks.  (And the airlines would stand no chance.)"}
{"_id": "403969", "title": "", "text": "\"You promised to pay the loan if he didn't.  That was a commitment, and I recommend \"\"owning\"\" your choice and following it through to its conclusion, even if you never do that again.  TLDR: You made a mistake: own it, keep your word, and embrace the lesson.  Why?  Because you keep your promises.  (Nevermind that this is a rare time where your answer will be directly recorded, in your credit report.) This isn't moralism. I see this as a \"\"defining moment\"\" in a long game: 10 years down the road I'd like you to be wise, confident and unafraid in financial matters, with a healthy (if distant) relationship with our somewhat corrupt financial system.  I know austerity stinks, but having a strong financial life will bring you a lot more money in the long run. Many are leaping to the conclusions that this is an \"\"EX-friend\"\" who did this deliberately.  Don't assume this. For instance, it's quite possible your friend sold the (car?) at a dealer, who failed to pay off this note, or did and the lender botched the paperwork.  And when the collector called, he told them that, thinking the collector would fix it, which they don't do. The point is, you don't know: your friend may be an innocent party here.  Creditors generally don't report late payments to the credit bureaus until they're 30 days late.  But as a co-signer, you're in a bad spot: you're liable for the payments, but they don't send you a bill.  So when you hear about it, it's already nearly 30 days late.  You don't get any extra grace period as a co-signer. So you need to make a payment right away to keep that from going 30 late, or if it's already 30 late, to keep it from going any later.   If it is later determined that it was not necessary for you to make those payments, the lender should give them back to you.  A less reputable lender may resist, and you may have to threaten small claims court, which is a great expense to them. Cheaper to pay you.  They say France is the nation of love. They say America is the nation of commerce.  So it's not surprising that here, people are quick to burn a lasting friendship over a temporary financial issue.  Just saying, that isn't necessarily the right answer.  I don't know about you, but my friends all have warts.  Nobody's perfect.  Financial issues are just another kind of wart.  And financial life in America is hard, because we let commerce run amok.  And because our obsession with it makes it a \"\"loaded\"\" issue and thus hard to talk about.  Perhaps your friend is in trouble but the actual villain is a predatory lender.  Point is, the friendship may be more important than this temporary adversity.  The right answer may be to come together and figure out how to make it work.  Yes, it's also possible he's a human leech who hops from person to person, charming them into cosigning for him. But to assume that right out of the gate is a bit silly.  The first question I'd ask is \"\"where's the car?\"\" (If it's a car). Many lenders, especially those who loan to poor credit risks, put trackers in the car.  They can tell you where it is, or at least, where it was last seen when the tracker stopped working.  If that is a car dealer's lot, for instance, that would be very informative.   Simply reaching out to the lender may get things moving, if there's just a paperwork issue behind this.  Many people deal with life troubles by fleeing: they dread picking up the phone, they fearfully throw summons in the trash.  This is a terrifying and miserable way to deal with such a situation.  They learn nothing, and it's pure suffering.   I prefer and recommend the opposite: turn into it, deal with it head-on, get ahead of it.   Ask questions, google things, read, become an expert on the thing. Be the one calling the lender, not the other way round.  This way it becomes a technical learning experience that's interesting and fun for you, and the lender is dreading your calls instead of the other way 'round.  I've been sued.  It sucked.  But I took it on boldly, and and actually led the fight and strategy (albeit with counsel).  And turned it around so he wound up paying my legal bills.  HA!  With that precious experience, I know exactly what to do... I don't fear being sued, or if absolutely necessary, suing.   You might as well get the best financial education.  You're paying the tuition!\""}
{"_id": "403977", "title": "", "text": "I'd say neither. Index Funds mimic whatever index. Some stocks that are in the index are good investment opportunities, others not so much. I'm guessing the Bond Index Funds do the same. As for Gold... did you notice how much gold has risen lately? Do you think it will keep on rising like that? For which period? (Hint: if your timespan is less than 10 years, you really shouldn't invest). Investing is about buying low, and selling high. Gold is high, don't touch it. If you want to invest in funds, look at 4 or 5 star Morningstar rated funds. My advisors suggest Threadneedle (Lux) US Equities DU - LU0096364046 with a 4 star rating as the best American fund at this time. However, they are not favoring American stocks at this moment... so maybe you should stay away from the US for now. Have you looked at the BRIC (Brazil, Russia, India, China) countries?"}
{"_id": "403989", "title": "", "text": "\"&gt;ADDED: I'm pursuing a degree in Engineering. I guess that's why I'm stressing. I want to be out there in the feild doing tests, labs, sampling or research and development ... just anything but doing nothing. Or at least somthing that actually generates income for the bank. My department generates nothing because it's all compliance. I learned that my first day of work and that's when I knew this wasn't for me. :/    So do it. Put on some jeans and boots, buy your own equipment, find a \"\"field\"\" you find interesting, and go study/collect/sample it. You know what you want to do, you're just not doing it. WTF is up with that?\""}
{"_id": "403999", "title": "", "text": "He's seriously blaming a memo for Nokia's problems? As if Symbian would still be selling if Elop hadn't admitted it was pathetically out of date.  Want to guess what else was going on while Nokia's market share collapsed? Android. This was the period Android went mass-market with a slew of 2.1 and 2.2 handset releases. That market share came almost exclusively at the expense of Nokia and RIM."}
{"_id": "404013", "title": "", "text": "Microwave Oven Repair Centre in Hyderabad. We have trained professionals who can deal with all the Panasonic microwave models. We do not charge you for anything we don\u2019t do. We are amongst the best and the most trusted servicemen of Hyderabad. Almost everyone who owns a Panasonic microwave refers us to do the needful. We have a separate contact center through which you can contact us when needed.ph no: 040-60506610, 60506611, and 60506622."}
{"_id": "404014", "title": "", "text": "\"(Really a comment on JoeTaxpayer's answer but it's too long) There's one big factor that for some people tips things strongly in favor of the Roth: While the limits on paper for traditional and Roth are the same, in practice they are not--you can contribute more to a Roth than you can to a traditional. While the contribution limits are the \"\"same\"\" in both cases, the Roth holds after-tax dollars and an after-tax dollar is worth more than a pre-tax dollar.  If you're not maxing your contribution this is completely irrelevant, but if you are maxing your contributions and would like to contribute more this is a big push in the Roth direction. Illustration:  You're in the 25% bracket, you have $100k in a traditional IRA.  What's it really worth?  $75k--because the IRS will take $25k as you pull it out.  You have the same $100k in a Roth, it's really worth $100k as the IRA won't take anything.\""}
{"_id": "404026", "title": "", "text": "From my research it looks like its an income NOT effectively connected with the trade of business. This page has the exact details https://www.irs.gov/individuals/international-taxpayers/effectively-connected-income-eci"}
{"_id": "404056", "title": "", "text": "Here is the solution: any money made inside the United States will be taxed under US tax law.  You want to do business here, open up a US headquarters that handles all the sales tracking and reporting. No tax dollars, no operations inside the US.   The united states carries such bulk buying power that companies will be forced to abide by its rules."}
{"_id": "404100", "title": "", "text": "\"&gt;resulting from poor or no sex education?  \"\"Put condom on dick\"\" - missing out on that is not due to poor education.  *That's at the level of \"\"Wipe after pooping\"\".*  You'd have to be retarded (I mean literally - IQ of 40) not to learn that.  She had kids because she thought the support from Sam would make her better off - but it doesn't.\""}
{"_id": "404101", "title": "", "text": "Not a good idea, the bank is a lean holder unless you deduct the remainder of the loan from the purchase price you will end up paying much more. Tell the seller to pay off the loan and provide you a clean title. Btw unless you're getting the deal of the century I'd walk away until I saw a clean title"}
{"_id": "404102", "title": "", "text": "This is a good question and you seemed troubled by this and this person's choices in life.  And that is the rub, they are choices.  They know how to make them, they know the consequences, and they know how to work around them.  Its a skill you probably don't have (and don't want to have).   In the end they will survive.  If you go to a fast food store in a popular retirement location you will see plenty of elderly people working.  They might live in low income housing, receive some financial assistance, and utilize other charities such a food banks.  They might depend on family and friends.  There is also the ugly, it is not a fairy tale that some supplement their diets with pet food.   There is of course social security.  The amount is very low for most workers, but the amount is almost inconsequential.  They would spend it all anyway and still be short despite the predictability of the income and a time frame with  predictable expenses.  Budgeting is a skill. So I have a friend that deals with this himself, and is helping an elder relation.  He and his wife provide some help, but when it started there was a endless stream of requests.  His policy now is:  No more help unless he works out a budget with the person requesting help. I've used his ideas myself, and by using this it becomes clear on who is in actual need and who is just looking for the next handout.  You can feel good about yourself for helping an actual needy person or guiltless say no."}
{"_id": "404121", "title": "", "text": "I saved all the money I made working part time in high school and paid for my first year of college, it was a big relief and really helped me. $15,000 is not that much now that I'm done with school."}
{"_id": "404131", "title": "", "text": "IMO, only a boss who doesn't understand the difference between sales and marketing would ask a marketer to be a sales person.  Most people who are good at one are not necessarily good at the other, but managers conflate them. Then when things don't go as hoped, they get a new sales person."}
{"_id": "404132", "title": "", "text": "It probably would have already been priced in the moment the markets opened today. So, my guess is, unless you already owned it at $68.78 on Friday, chances are it would have been near impossible to get it at that price since this morning. It already increased more than 18% from the opening bell today.   Hope my answer helped clarify some things."}
{"_id": "404143", "title": "", "text": "Good thoughts. Automation is killing some jobs traditionally done by humans. And humans will compete with machines unless they can't be more affordable than machines (e.g., some McDonalds's have screens vs people for ordering). That's a prob with increasing wages vs cheapening tech. The reality, as you said is that some of these jobs WILL be won out by automation, regardless. But someone has to service/develop/etc all that automation, so I think jobs will be created in that industry for sure."}
{"_id": "404175", "title": "", "text": "Bitfinexnetwork is a portfolio management program headquartered in London (UK). We already have a plant set-up that mines ethereum and G-CAS. Our plant or mining pool is in China. We mine crypto currencies and trade them further. People buy servers and lease back to us. When they lease them back, we offer them to participate in the output that we receive in the form of \u2018\u2019fixed returns\u2019\u2019. Bitfinexnetwork is India\u2019s first portfolio management program that has a physical presence in sec 63, Noida. To maintain transparency among our members, anyone is allowed to come and meet us and have complete knowledge about the crypto world. We have taken official API from Bitfinex.com for trading purpose. Just to clarify, this is the only relationship between Bitfinex.com and Bitfinexnetwork.com. Our goal is to make mining and trading accessible to all users regardless of age, location, investment, technical nouse or experience. We want to give our customers an opportunity to try out cryptocurrency mining and earn Bitcoin as a reward. On a larger scale, we hope to contribute to the development of mining services and subsequently to the development, establishment and adoption of Bitcoin both as a currency and as an economic system"}
{"_id": "404183", "title": "", "text": "he ran around the woods with a hundred merry men robbing from the rich and giving to the poor, Its pretty sad to see people turning this into an Ayn rand novel. The king was only one of his targets."}
{"_id": "404217", "title": "", "text": "Find great recipes at this food and travel blog, Roadtrips R Us! As the premier travel, food and entertainment website, Roadtrips R Us is available for travel writing and video placement to cover destinations, food, and entertainment. Check out http://www.roadtripsrus.com/recipes for more information about their great recipes."}
{"_id": "404222", "title": "", "text": "\"Short answer: google finance's market cap calculation is nonstandard (a.k.a. wrong). The standard way of computing the market capitalization of a firm is to take the price of its common stock and multiply by the number of outstanding common stock shares.  If you do this using the numbers from google's site you get around $13.4B.  This can be verified by going to other sites like yahoo finance and bloomberg, which have the correct market capitalization already computed. The Whole Foods acquisition appears to be very cut-and-dry.  Investors will be compensated with $42 cash per share. Why are google finance's numbers wrong for market cap?  Sometimes people will add other things to \"\"market capitalization,\"\" like the value of the firm's debt and other debt-like securities.  My guess is that google has done something like this.  Whole Foods has just over $3B in total liabilities, which is around the size of the discrepancy you have found.\""}
{"_id": "404224", "title": "", "text": "Presumably you're talking about the different share class introduced in the recent stock split, which mean that there are now three Google share classes: Due to the voting rights, Class A shares should be worth more than class C, but how much only time will tell. Actually, one could very well argue that a non-voting share of a company that pays no dividends has no value at all. It's unlikely the markets will see it that way, though."}
{"_id": "404261", "title": "", "text": "The fee representing the expense ratio is charged as long as you hold the investment. It is deducted daily from the fund assets, and thus reduces the price per share (NAV per share) that is calculated each day after the markets close.  The investment fee is charged only when you make an investment in the fund. So, invest in the fund in one swell foop (all $5500 or $6500 for older people, all invested in a single transaction) rather than make monthly investments into the fund (hold the money in a money-market within your Roth IRA if need be).  But, do check if there are back-end loads or 12b1 fees associated with the fund. The former often disappear after a few years; the latter are another permanent drain on performance. Also, please check whether reinvestment of dividends and capital gains incur the $75 transaction fee."}
{"_id": "404275", "title": "", "text": "Usually points have different value depending on what you use it for and how much of them you convert. For many providers, if you have enough (10000+ usually) points, it is possible to convert them 1:1 (which means 1 point converted to 1 cent) to either cash or something that is almost as good as cash ($100 gift card for some popular store or $100 Amazon.com certificate, etc.). Some cards have more exotic ways of getting best value - such as transferring money to pay student loans, retirement accounts, etc. So to get the best value, I'd recommend to make a list of what you can get from your program (most types of reward are uniform - i.e., many gift cards with the same price, so the work may be less than it seems) and calculate point values of each of those. If you want to be really precise take into account that if you buy something with points, you do not earn points on that, which reduces the value a little. In general, these days it is very rare to get a card that produces more than 1% back, though some have up to 5% for certain categories of purchases."}
{"_id": "404278", "title": "", "text": "\"Let me paint you a picture to show you why this does not make sense.    It is never fair to ask a business to pay a \"\"living wage\"\". It is always fair to ask a worker to chose their jobs based on their needs.  Here's why.  I ran a business when I was a teenager, doing web development. I did not make very good money but it pushed me to learn and to teach myself to meet the needs of the few clients that I did manage to find.  Over the course of the business the thought had crossed my mind to maybe get help from my peers, maybe talk to classmates and see if any of them might have wanted to go into business with me, help me drum up more work, or help me do design or development.    As soon as the thought crossed my mind I realized right away that I would never be able to do it, because the regulation was just way too big for little old sole-proprietorship me to deal with.  Not only was it confusing, but it was dangerous to me, if I did it wrong I knew I  could be sued and lose more than my tiny little business made.    On top of the regs involved, I personally was not making minimum wage!  What I was making though, was experience.  This was more valuable than all the money I made combined, because I worked this way by myself for three years, learning more about my craft all the while.  I have parlayed that experience into a ten year long career that currently supports my family, working for someone else.  Now imagine if I could pay anyone whatever we both agreed on.  Imagine if I could talk to a classmate in highschool and say \"\"hey, im not making much, but I can pay you x to start with and I will certainly teach you what I know\"\".  it always struck me as selfish, unearned moral superiority to sit here and mandate a minimum wage, you price teenagers and entry-level workers out of the market because people can't afford an army of $20 per hour workers.  Its so ignorant of the narrow margins that these business have to face.  It is also really short-sighted and money-obsessed to boil a job down to it's wages alone.  Minimum wage destroys an ancient method of generating skilled workers: the apprentice system.  Also, there is a really ugly moral side to this.  Person A offers person B X amount to do Y... Why does the government have the right to say \"\"No! you can't pay them X because it is not X enough!\"\".  Our economy and work is far more complex than minimum wage. it is an old idea that is nothing but a drain on our economy.  TL;DR - I would have added three or more skilled workers to our economy in high school if I did not have to pay them minimum wage.  I personally was priced out of hiring people because of it, so I hate it.    Millennials need not wonder why no one can find a job.\""}
{"_id": "404286", "title": "", "text": "Relaxing in your cool swimming pool is the best activity you can indulge in on a hot summer day. While you are in this state of bliss, you do not pay much attention to the need for a regular maintenance and servicing of your pool. The maintenance activities change depending on the time of the year. For instance, at the arrival of summer when covers are removed, components like filters, hoses and pumps need to be reinstalled or serviced by reputable VA pool services."}
{"_id": "404294", "title": "", "text": "Getbidon.com is the ultimate resource for growing businesses of all sizes. The fact is, in a free market economy, if you\u2019re not moving forward, you\u2019re moving backward. That means YOU are under pressure to perform and produce business growth."}
{"_id": "404295", "title": "", "text": "Do you work with low-skilled employees? Specifically, do you ever have to manage them? I am going to make the assumption that you do not based on the comments you are making. It is impossible to say ALL of anything is a certain way. I'm not suggesting that at all. I'm going to specifically talk about averages. It seems like you've never been around the average.  The average minimum wage employee doesn't have a high school education. It is fairly safe to say that they continuously are not developing skills that provide value both to themselves and others. If a person refuses to provide more for society, should society fill the gap?  You suggest that people who are poor didn't get there because of their own right. Are people who are self-made millionaires (on average) good with finances? Why would that be? If yes, why do you assume those that are successful are so because of their own merit but cannot be blamed for failure?  Seattle is a nice place. My exterior painter is doing a job there right now. It's a 3 month job. He is painting 1,000 apartments. He took 7 guys with him that he pays around $1,750 a week plus room and board. He had to take 7 guys with him because he can't find workers up in Washington. Can you imagine that? People in Seattle have not developed the skill of exterior painting. That's the reality of your job market. Even further, companies do have massive incentives to move to cheaper locations. The starting salary of large corporations varies wildly based on cost of living. Goldman Sachs will offer nearly $100k a year starting to work in the NYC branch compared to $65-70k in Houston."}
{"_id": "404303", "title": "", "text": "Its hard to see how they can justify their valuation, but i said that 5 years ago too... Same thing with amazon, but boy was I wrong about both.   I dont understand them so I stay away. I believe lots of tech valuations are crazy. But i'm not willing to bet against them either."}
{"_id": "404304", "title": "", "text": "I've been in the UK for 3.5 years, and I have the same problem: I can't get even a small loan from my bank; no one will give me a phone contract; it's a nightmare. I have 8 direct debits, I pay everything on time and I earn decent money, but still my credit is seen as no good. I have got a few ideas for you though: Good luck!"}
{"_id": "404321", "title": "", "text": "Tell your parents NOW let them help you figure it out and if it happened over two days and you really don't know why it should be something that can be fixed but you need to set that process in motion right away"}
{"_id": "404334", "title": "", "text": "Agreed.  Also, I think something missing here is the perception that companies are profiting enough to warrant these salary increases.  The current competitive landscape in America is tough.  Aside from a premier selection of companies, most are getting by and do not have the means to raise wages in the ways suggested.  These companies could raise their prices, and that's been happening and will probably continue, but it's mostly going to affect the same people that it's serving to increase wages for.  The real issue as I see it is that there isn't enough capital in circulation.  Americans aren't spending and massive capital reserves sit with the 1% that are gun shy on investing, understandably so."}
{"_id": "404336", "title": "", "text": "The risk in a divident paying stock can come from 2 sources. The business of the company, or the valuation of the stock at the time you buy.  The business of the company relates to how they are running things, the risks they are taking with the company, innovations in their pipeline, and their competitive landscape. You can find all sorts of examples of companies that paid nice dividends but didn't end so well... Eastman Kodak, Enron, Lehman brothers, all used to pay very nice dividends at some point...  On the other hand you have the valuation. The company is running great, but the market has unrealistic expectations about it. Think Amazon and Yahoo back in 2001... the price was way too high for the company's worth. As the price of a stock goes up, the return that you get from its future cash flows (dividends) goes down (and viceversa).  If you want to go deep into the subject, check out this course from Chicago U they spend a lot of time talking about dividends, future returns from stocks and the risk rewards of finding stocks by methods such as these."}
{"_id": "404339", "title": "", "text": "I was wondering what relations are between brokerage companies and exchanges? Are brokers representing investors to trade on exchanges? Yes...but a broker may also buy and sell stocks for his own account. This is called broker-delaer firm. For individual investors, what are some cons and pros of trading on the exchanges directly versus indirectly via brokers? Doesn't the former save the investors any costs/expenses paid to the brokers? Yes, but to trade directly on an exchange, you need to register with them. That costs money and only a limited number of people can register I believe. Note that some (or all?) exchanges have their websites where I think trading can be done electronically, such as NASDAQ and BATS? Can almost all stocks be found and traded on almost every exchange? In other words, is it possible that a popular stock can only be found and traded on one exchange, but not found on the other exchange? If needed to be more specific, I am particularly interested in the U.S. case,and for example, Apple's stock. Yes, it is very much possible with smaller companies. Big companies are usually on multiple exchanges. What are your advices for choosing exchange and choosing brokerage companies? What exchanges and brokerage companies do you recommend? For brokerage companies, a beginner can go with discount broker. For sophisticated investors can opt for full service brokers. Usually your bank will have a brokerage firm. For exchanges, it depends...if you are in US, you should send to the US exchanges. IF you wish to send to other exchanges in other countries, you should check with the broker about that."}
{"_id": "404341", "title": "", "text": "Read Warren Buffett's letters to his shareholders - they are such an interesting read and I guarantee you'll learn more than financial modelling - you will learn how to think about these businesses. Must be what 700-800 pages in total?"}
{"_id": "404352", "title": "", "text": "I'd prefer having it (more or less) fluent at any time, if possible... And the Swiss National Bank (SNB) will do their darndest to make this a costly option. That's exactly the point of negative interest rates. They don't want to help you saving money. So you will have to choose what to give up: liquidity, or profitability.  But for now, you still have alternatives. The way you described it one could think that all banks will soon start to charge all their clients. That's just a distortion of facts.  If you are happy with a (close to) 0 income, you might consider opening multiple bank accounts. Many banks charge the negative interest only from certain thresholds (i.e. CHF 100k). Since you're clearly a Swiss resident, that's easy to do for you.  If you don't want to give up making an income, then you have to sacrifice liquidity. There simply aren't any short term (less than 2-3 years) instruments in Swiss Franc that are both safe and yielding a positive income. Which means that you will have to take much more risk then you had with a savings account. Ask your advisor for an investment proposal, but also consider bank independent advisors."}
{"_id": "404356", "title": "", "text": "In Switzerland you should have access to many brokers with fair rates, e.g. Interactive Brokers. Going through them you then put the money in various Swiss stocks like Roche, Novartis, Swisscom, Credit Suisse, Logitech, etc. No stock should be more than 10% of the total. Since you pay 0% taxes on investment profits, you really should invest.  By going through a broker instead of your bank, you can cash out at any time without losing outrageous fees for the stock commissions (often 2% for banks, around 0% for brokers).  If you're employed you can also ask your employer to increase the amount of your salary that goes to the pension (2. S\u00e4ule), which is not limited like the 7000 you mentioned (3.S\u00e4ule)."}
{"_id": "404362", "title": "", "text": "argument against (in a way)  1.)bad effectiveness of US corps which tend to be international. they want you to be available 24 hours a day.  2.)bad health care - UN and international orgs rate USA as lowest in industrialized nations.  Telling the bosss you are sick is often  a DEATH BLOW.  Some DIABETICS AND OBESE (see the obesity epidemic in USA) are just slow but steady performers.  So, they spend a fair amount of UNPAID overtime.  3.) 4.)much of the job training is bad and sometimes COUNTERPRODUCTIVE. so, see need to LEARN ON THE JOB. 5.)by international standards, health care is the worst of the industrialized nations.  Letting your boss know about your REAL ILLNESS is often a DEATH BLOW.  Moving from job to job is a real HASSLE as to health or medical coverage.  So, the boss requires overtime and THE RUSSIANS SAY THE TRUTH:      They pretend to pay us and we pretend to work.   8.)in many cases, it is better to work and produce what I call anti-work.  Obfuscated code and ties into multiple classes. comments that tend to be re-phrasing of the previous, or that is to be specific, in the the possiblilities that are the latter or correction ...the former.... n to n mappings of such code that includes arrive at (go to code) or go to there and go back (circular)...??  10.)it is not the overtime or the business necessity.  The bosses' boss is often playing on the golf course at the club.  Yes, my friends know THE BARTENDER and he is a first person witness.       It is the control from the culture of the USA - founded in part on slavery as economics??  President Jefferson not enough to work the slaves to death, but to  SCREW or female relations with the female slaves.  14.)more are run by MBA and accountants.  IT DOES NOT MATTER - that was the title by Harvard Profess Nick Carr.  Info Tech and good programming skillsets are WORTHLESS.  So, just cut pay and increase the hours or 'request FREE overtime.'  15.)two way street.  NO PROBLEM DOING OVERTIME DURING CRITICAL PERIODS, but certain times (my girlfriend gets vacation and I MUST TAKE VACATION AT THE SAME TIME) - boss does not really care. It's a two way street.  16.)the YOUNG and sometimes foolish and often UNWISE IN BECOMING SLAVES.  17.)THE culture of most of the organization is ASS BACKWARDS. the young coder, who does FREE OVERTIME, codes fast and sloppy, and produces large LOC is the HOTSHOT.  the old, experienced coder (like me)  who gives only the best time, codes SLOW AND THINKS A LOT and produces REAL QUALITY is the outsider and 'NOT TEAM PLAYER.'  team player is cheerleader and faith rallies -prevalent in the USA. works on weekends and LOVES THE COMPANY.  Always says good things about the boss, even if the boss is plainly WRONG.   there is a BAD BAD TREND in the USA towards contracting.  relatively low bids using BAD BAD estimating techniques.  So, the ONLY WAY TO MEET THE BUDGET IS TO SCHEDULE FREE OVERTIME.     very similar to office cleaners using Hispanic ladies.  Union rules - show the real productivity. Any complaints about FREE OVERTIME means reprisal and possible firing.  look at the law cases won and the legal journals.  Labor is at a disadvantage and that includes even strong UNIONS including software engineers in WISCONSIN.  Governor Walker.  PS. child labor is LEGAL in PRC or communist china.  called an internship. dead end job in factory or even in GAME TESTING at the internet center.  a kid, two computers and two mice clicking at various spots to make the system crash is called - FREE LABOR IN TESTING.  see recent HBR harvard business review articles on effectiveness and NO CORRELATION with time schedules or OVERTIME schedules.  PS. much of the silicon valley 'stock options' or the PREFERRED STOCK FOR FACEBOOK sometimes results in valuation of ZERO cash.  But, you the programmer feels like an owner and even rich.  Facebook is an illustration, but could apply to other orgs."}
{"_id": "404365", "title": "", "text": "\"I would strongly try to influence circumstances so that buying is feasible. That means: Buy something where it is likely that you can resell it at the same price or even higher - or, at the least for significantly more than \"\"total cost of ownership - rent payed elsewhere\"\". For example, if it is in an area where you have good reasons to assume that prices will go up in the future. Or if the object needs refurbishing and you are sure that you can do it yourself. You will, no doubt, sell it later. You will near certainly not live in such a small house for all time. So the question of \"\"whether\"\" you will sell it is moot. So, when you have a potential house to buy, you will have to calculate everything very carefully, with an estimate of how long you will stay. You need to make your calculation as optimistic/pessimistic as you like (this is more a question of your character). Whatever calculation comes out better, wins. It goes without saying that if you miscalculate (for example, overestimating your ability or time to refurbish; forgetting to calculate non-obvious costs of refurbishing; being surprised by hidden damage to the object; misjudging the price development in the area) you run a considerable risk. So, the question of whether you are able to calculate the risks correctly will need to influence the calculation itself (add 20% or whatever risk buffer if you are not sure, etc.). But the potential is for you to have a very good start in the whole financial game of your life. Your house will likely be for a considerable time the biggest single part of costs in your life, and getting that under control from the get-go is a huge benefit.\""}
{"_id": "404366", "title": "", "text": "Banks may still honor the check, depending on state law. Your obligation to pay has not been fulfilled. To get your money back, you need to wait a specified period of time and file a document reporting the check lost. There is probably a fee for this service."}
{"_id": "404374", "title": "", "text": "As sdg said, the consensus is that the CPP is pretty solid.  An actuarial report is submitted to Parliament every three years, and it's worth getting the numbers from that report so you know where your CPP contributions are invested.  You may think there's more risk in CPP's portfolio than they let on.  Either way, your own savings and investments are the best defense against inadequacy of the CPP.  But you should be careful, as the CPP mostly invests in the same stuff the retail investor does - equity and fixed income.  So the typical investor will be exposed to the risks as the CPP fund. However, CPP is not the only source of retirement income for Canadians.  There is also the Guaranteed Income Supplement and Old Age Security, and they are funded differently from CPP.  CPP benefits are funded by returns from the investment fund, as well as contributions.  GIS and OAS are paid out of the Government of Canada's revenue each year.  In my opinion, those programs are more vulnerable than CPP as they could just be legislated out of existence in tough economic times.  (However, I also see that as unlikely because the elderly are a pretty powerful block of voters.)"}
{"_id": "404376", "title": "", "text": "Well, it depends on the age of the insured.   Obamacare fucked over young male over age of 26 to lower cost for old folks over 50.  The biggest winner of Obamacare are people over 50 as their premiums are capped at three times the cost of younger folks."}
{"_id": "404380", "title": "", "text": "Keep in mind that the only portion of the MBS that was rated AAA was the most senior tranche. It achieved this rating due to the buffer to principal losses provided by the equity and mezzanine tranches. So for the principal to be at risk for the AAA senior tranche, 10% of the mortgages in the pool would have to default. Since this number was way higher than historical default rates - it seemed safe. Obviously looking back we know that risk management underestimated the effect that lowered lending standards would have on the default rates (if they did project a rise in default rates, they did not project a large enough rise).  As well, while the MBS is exposed to systemic risk - as happened, when the entire country was affected by the collapse - they were packaged to avoid other risks. For example, the pool would spread out mortgages across the country and other various factors would be hedged so that if a natural disaster hits state X and everyone defaults on their mortgage, you are only losing a small part of the underlying.  I assume (hope) that at some point the quantitative analysis people in risk management at the major investment banks realized that the default rates would rise given the lower lending standards being employed - but chose to ignore it. They chose to ignore it because investors still wanted to buy it, and the banks make money by collecting fees on issuing securities."}
{"_id": "404381", "title": "", "text": "Are you planning to have a dream home of your own? Don\u2019t compromise with the style and latest trends in home interiors and planning. Architects and interior designers in Noida can suggest you numerous ideas for construction as well as interior decoration of your house."}
{"_id": "404396", "title": "", "text": "A quick look at your comment history reveals 95% of it is you spamming conspiracy with a metric ton of bullshit.   I'll take useful insightful news about the economy, not clickbaity pieces from random rags you found linked off infowars."}
{"_id": "404407", "title": "", "text": "It's often difficult to say what precipitated a sell off like this, but in the absence of any relevant news -- war on the Korean peninsula, China deciding to dump all U.S. debt, Trump showing that in some way, shape, or form he's up for the job -- you might consider it's the end of the quarter, and also the beginning of a somewhat long holiday weekend."}
{"_id": "404418", "title": "", "text": "Currently reading Peter Thiel's *Zero to One*, and he discusses just that. He knew the bubble was about to burst so he got as much investment as quickly as he could for Pay Pal. $100 million dollars raised the month before the bubble burst, according to him."}
{"_id": "404429", "title": "", "text": "I'm not missing the point. Canada will still charge you/a corporation income taxes on worldwide income so long as you are resident in Canada. If you are incorporated in Canada but resident elsewhere, you are only subject to tax on Canadian-sourced income. In the US, where you are incorporated is the method of determining liability. Why is one method of determining jurisdiction correct and not the other?  If you are a corporation residing in Canada, you still pay Canadian taxes on worldwide income, even if that income is sourced in another country."}
{"_id": "404438", "title": "", "text": "\"Unfortunately, in the coming weeks middle-class workers will be subjected to a nonstop propaganda barrage about tax cuts being for \"\"greedy corporations,\"\" \"\"fat cats,\"\" \"\"Wall Street\"\" and \"\"the rich.\"\" Don't believe it. It's rank class warfare, based entirely on progressive fairy tales about the U.S. economy.  By supporting corporate and small-business tax cuts that will boost investment, create more and better jobs, and raise average workers' incomes, Americans won't just be cutting taxes for businesses. They'll be cutting their own taxes, too.\""}
{"_id": "404471", "title": "", "text": "\"Well said. And I get it, really I do. Rational means something very specific in the theoretical model of EMH, and it's not the same way that \"\"rational\"\" is usually used.  When a person actually gets to the point where he can trade on the stock market, you expect they would have information like \"\"know which stock you're trading\"\". Maybe these people didn't.  And even if we assume people have perfect information, they still make mistakes. Regularly. Repeatedly. Sometimes predictably. And those mistakes can overwhelm the right-price-finding effect of EMH.\""}
{"_id": "404478", "title": "", "text": "People forget companies constantly cheat regulations anyway... look at last years car emissions BS, dumping in rivers, improper storage of chemicals, cars with bad ignitions that can turn it off or cause it to accelerate rapidly and ends up killing everyone in the car, etc.   And that\u2019s *with* regulations against those sorts of things. Regulations are really a base line of expectation of behavior. Sure, \u201cthe free market\u201d will let people choose other cars that don\u2019t kill them because the right ignition would have cost a car manufacturer another $2 in profit per car, but that don\u2019t mean shit when it was your family that slammed into a stantion at 80mph."}
{"_id": "404481", "title": "", "text": "Tesla has 30,000 employees.  The bottom 1.3% of any company are going to be pretty crappy employees.  I know I work with people I think should be fired for laziness, nastyness or incompetence.  It's not the company's job to pay people if they can't do the job.  Good companies get rid of bad employees or they don't remain good companies.  A key problem with most unions is they protect the bad employees and discourage outstanding performance."}
{"_id": "404482", "title": "", "text": "\"Hmm, that doesn't quite answer my question -- sorry if I was unclear. Let me try rephrasing:  Here's what I'm asking: is the Black-Scholes equation derived using martingale pricing methods (e.g. Girsanov's theorem, the Martingale Representation Theorem, and so on) *equivalent* to the equation derived using the method in the 1973 paper, e.g. constructing a risk-less portfolio and eliminating the drift term? I was led to believe that both of these approaches *lead to the same result*.  I agree that there's an enormous difference between \"\"equilibrium\"\" and \"\"arbitrage free\"\" *term structure models*; I'm just not convinced that this is a meaningful difference in the case where market completeness holds, e.g. European equity options.   As you correctly said, it's generally impossible to parameterise a Vasicek model to get it to match the observed term structure, while this is something that can be readily done with a Hull-White / Ho-Lee / Libor Market Model. Hence, the prices you get from a Vasicek will obviously be different from what you get using a Hull-White (since you won't be able to match the initial term structure). But such a difference doesn't hold with a Black-Scholes equation derived using martingale vs. the original method.  Sorry if this sounds nitpicky; I just want to make sure I'm understanding these concepts correctly.  EDIT: Added italics.\""}
{"_id": "404487", "title": "", "text": "A short sale will be pretty bad for your credit report. It will linger for 7 years.  This may ruin your opportunity to buy in the new area. On the other hand you need to run the numbers, the last I looked into this, the bank will look at rent and discount it by 25%. So the shortfall of $800/mo (after adjustment) will reduce your borrowing power if you rent it out.  In general this is the idea. You rent for a year, and buy into the new area. If you short sell after this, while your credit is trashed, you still have your new home, and $50K less debt.  (Disclaimer - There are those who question the ethics of this, a willing short sale. I am offering a purely business answer and making no judgment either way. I owed $90K on a condo where others were selling for $20K. I paid until it came up enough that a lump sum got me out upon sale. The bank got its money in full)  An article on the differences between foreclosure and short sale."}
{"_id": "404493", "title": "", "text": "\"Are these people making min wage dying en mass? No? Then they are supported. I don't want to sound crude, but there really isn't a profession on earth where you don't have to rough it out for a few years. Life's tough. The \"\"abundance\"\" of min wage jobs you speak of are either not as abundant as you think relative to the demand or the minimum wage is already too high relative to the demand. Either way my scenario in my previous comment holds true- do things the right way and you will be all set to make more money.   Staff and wage bloating are all a result of garunteed loans given to optimistic, short-sighted youths. Without the steady flow of these kids who can suddenly afford college there would be no bloating.   I agree on the rest, and the answer is accountability. we should start with holding people accountable to the high-interest loan they took out 4 years before they hand any income.\""}
{"_id": "404529", "title": "", "text": "\"I understand you make money by buying low and selling high. You can also make money by buying high and selling higher, short selling high and buying back low, short selling low and buying back even lower. An important technique followed by many technical traders and investors is to alway trade with the trend - so if the shares are trending up you go long (buy to open and sell to close); if the shares are trending down you go short (sell to open and buy to close). \"\"But even if the stock price goes up, why are we guaranteed that there is some demand for it?\"\"  There is never any guarantees in investing or trading. The only guarantee in life is death, but that's a different subject. There is always some demand for a share or else the share price would be zero or it would never sell, i.e zero liquidity. There are many reasons why there could be demand for a rising share price - fundamental analysis could indicated that the shares are valued much higher than the current price; technical analysis could indicate that the trend will continue; greed could get the better of peoples' emotion where they think all my freinds are making money from this stock so I should buy it too (just to name a few). \"\"After all, it's more expensive now.\"\" What determines if a stock is expensive? As Joe mentioned, was Apple expensive at $100? People who bought it at $50 might think so, but people who bought at $600+ would think $100 is very cheap. On the other hand a penny stock may be expensive at $0.20. \"\"It would make sense if we can sell the stock back into the company for our share of the earnings, but why would other investors want it when the price has gone up?\"\" You don't sell your stocks back to the company for a share of the earnings (unless the company has a share-buy-back arrangement in place), you get a share of the earnings by getting the dividends the company distributes to shareholders. Other investor would want to buy the stock when the price has gone up because they think it will go up further and they can make some money out of it. Some of the reasons for this are explained above.\""}
{"_id": "404540", "title": "", "text": "Our subway pass is literally called an Orca card.  The native american orca art is all over the city, and you walked past several whale watching tours on your way to the aquarium.   You're either a bit oblivious or remembering what you want to on this one."}
{"_id": "404541", "title": "", "text": "There is a service TransferWise through which you can send money from UK banks to EUR bank accounts in the EU for a 1 GBP fee (much cheaper then about 25 GBP for a SWIFT transfer). You send them a UK national GBP transfer to their UK HSBC account, and they send the equivalent amount in EUR from their Irish EUR bank account to your EUR account - for example in Germany. What is best, is that they use bare mid-market ForEx exchange rates, without any markup on the GBP to EUR exchange rate, which is usually in the range of 2% to 5% in banks, so you don't lose anything on the exchange rate."}
{"_id": "404549", "title": "", "text": "One of the worst enemies of the diet is alcohol, it has become an important part of our culture and there is the misconception that any social situation is more fun when consuming alcohol. The truth is that alcohol consumption has a very negative effect on any weight loss process and here we will understand why. Remember that in any WEIGHT LOSS KIT process 70% has to do with food and the remaining 30% with movement and supplements but it is no use doing 70% of perfect way if you are doing something that will ruin the effort."}
{"_id": "404564", "title": "", "text": "I have used turbo tax for years.  Apart from the snafu in 2014, I have had no problem using deluxe, and I have lots of asset sales to report.  I prefer form mode anyway.  I can import the data from my broker, and I can e-file with no problem.  So the only thing I'm missing is the support. I can usually find answers to questions on the web, anyway."}
{"_id": "404574", "title": "", "text": "I've interviewed people with CFAs for IT roles, but they still didn't know finance for crap. Freddie encouraged grads there to get a CFE and I knew a few on the IT side that did. But once you have real work experience, there isn't much point."}
{"_id": "404587", "title": "", "text": "The general idea of the PRPP is so that small business who cannot afford to offer a plan alone will be able to pool resources with others along with self-employed to create voluntary, defined-contribution pension plans that would be managed by private sector financial institutions. The PRPP concept would offer more options to individuals as well  as   small and medium-sized businesses - Tax Rules for Pooled Registered Pension Plans  You can also find an overview here THE NEW PRPP \u2013 A Pension for the Pension-Less"}
{"_id": "404601", "title": "", "text": "Someone did it for the Gen 1 volt.  Although they don't sell the upgrade, the batteries are limited in how much they charge so they can cycle thousands of times would degradation, and some think that the engineers were too conservative, so they hacked it to change 20% or so more."}
{"_id": "404604", "title": "", "text": "Yes apply for live and dynamic data (you may have to pay for this depending on your broker and your country) and look at the market depth."}
{"_id": "404605", "title": "", "text": "Your calculations are correct if you use the same mortgage rate for both the 15 and 30 year mortgages.  However, generally when you apply for a 15 year mortgage the interest rate is significantly less than the 30 year rate.  The rate is lower for a number of reasons but mainly there is less risk for the bank on a 15 year payoff plan."}
{"_id": "404609", "title": "", "text": "\"For the Canadian side, I like BNN's website and shows. The first 15 minutes of \"\"The Close\"\" is a nice little recap. The weekly show with Andy McCreath is alright as well. I'm curious to know if anyone has better sources.\""}
{"_id": "404621", "title": "", "text": "My household items/groceries comes from too many different places, from Costco, Amazon, Sprouts, local grocers, and farmers markets. Never bought groceries on Amazon though, no perishables or too expensive for packaged goods.     I sure wont pay WFM prices for their 360 store brand"}
{"_id": "404636", "title": "", "text": "I really appreciate the long response! You clearly have more knowledge than me in regards to the finance end of the business. That said, is there so much money/debt tied up in taxi licenses and medallions that it would create even a mini financial market crash?  If so, how would we (investors) profit from the situation?"}
{"_id": "404656", "title": "", "text": "It's always hard to know the exact policy terms, but as a general rule there are two main contributions to insurance payouts. The first part covers expenses aimed at restoring the situation to its previous state pre-incident. This may include repair work and materials etcetera. The second part kicks in when it's not reasonably possible to repair the damage, or at least not in a financially efficient way. In this case, the insurer can decide to pay out the decrease in value. This is in fact very common in car accidents, where the car is a total loss.  In your case, it's quite possible that your roof, even with the two partial repairs is in a worse condition than it was before the storm. For instance, the new shingles may not match the old ones exactly. Thus the value of your home has decreased despite the reasonable repair attempt. And as mhoran_psprep points out, there can be hidden damage as well, which is a lurking liability. If you've accepted the cash payment in lieu of a full repair, you also accept the roof in its new condition."}
{"_id": "404680", "title": "", "text": "Haven't been in Target, but Best Buy is kind of the opposite to the extreme.  Walk into Best Buy and they'll jump on your back, ask you what you want, point to the most expensive product, and won't shut the hell up.  I don't want to be manipulated. I just want honest truth. If you tell me the $2 stuff is the same as the $10 stuff or tell me of a work around, well you just earned my business. Good chance that when I want to buy a $200 item, I'm coming to you.  Here in China, it seems like a lot of folks don't understand that :( Hell, even in the States a lot of people didn't understand that. They will lie their asses off for an instant 10% gain."}
{"_id": "404690", "title": "", "text": "A lot of articles about this kind of thing ask you to do the simple math: $5k < $15k.  If you've got a trustworthy mechanic, and you're looking to save money, it's simple, you're looking at $10k in savings, not even counting interest, higher insurance, etc. On the other hand, if you're just lusting after a new car, and don't mind spending the extra money, then why not? As you mentioned, however, if you think you'll get at least the value of your repair back, you might as well get the car repaired for $5k, so you'll be able to get around town.  If you still decide you want a new car, then you'll have a trade-in worth $6500 instead of $1500."}
{"_id": "404708", "title": "", "text": "I believe you are talking about Public Provident Fund and National Savings Certificate schemes in India. PPF -> Deposit money -> If you want to take a loan after 3 years, you can take out 25% of the balance in your PPF account. NSC -> Money locked for 6 years and can only be encashed after 3 years, you cancel your deposit and encash all your money. Money is safe in both cases, because they are secured by the Indian government. But interest(8.75% at present for both in 2014-15 financial year) is compunded anually for PPF, but half yearly for NSC. So you get a higher interest rate in case of NSC. So if you can lock in your money, without any need for withdrawls, choose a NSC for higher returns. Tax rebate wise, both are same."}
{"_id": "404726", "title": "", "text": "\"Most personal loans in the US are for the purpose of purchasing some tangible object (usually a house or car) and that object is the collateral for the loan. Indeed, the loan proceeds are usually paid directly to the seller without passing through the bank account of the borrower, and the seller delivers the title of the car to the lender, or a mortgage lien is recorded on the real property. Except possibly in the case of a refinance of a home mortgage,  there is not much cash from such a loan to send to a friend to invest in his business, whether in the US or in India.  These types of loans are \"\"relatively easy\"\" to get. Much harder to get are unsecured personal loans. Unless your friend has a very friendly banker, getting an unsecured loan of, say, $20,000 \"\"just for the heck of it\"\" is not easy. Some reasonably well-off people do manage to get such loans and use the money to invest in the stock or bond markets, in which case, the interest paid on such loans can be deducted on  Schedule A (but only to the extent of the actual investment income; any extras can be carried over to the next year). So, will your friend be investing in your business or making a loan to your business? and do you anticipate that your business will generate any investment income or interest for your friend? If not, and your friend still wants to finance your business (while making payments on the loan in the US), then your friend must really like you a lot (or have faith that a few years down the road, you will be able to sell your business to GoAppTel for mucho big bucks and pay him off very handsomely).\""}
{"_id": "404732", "title": "", "text": "As a young investor, you should know that the big secret is that profitable long term investing is boring.  It is is not buying one day and selling the next and keeping very close tabs on your investments and jumping on the computer and going 'Buy!' , 'Sell'. That makes brokers rich, but not you. So look at investments but not everyday and find something else that's exciting, whether it's dirt biking or WOW or competitive python coding.  As a 19 year old, you have a ton of time and you don't need to swing for the fences and make 50% or 30% or even 20% returns every year to do well. And you don't have to pick the best performing stocks, and if you do, you don;t have to buy them at their lowest or sell them at their highest.  Go read A Random Walk's guide to Investing by Burton Malkiel and The only Investment Guide you'll ever need by Andrew Tobias. Buy them at used bookstores because it's cheaper that way.  And if you want more excitement read You Can Be  a Stock Market Genius by Joel GreenBlatt, One up On Wall Street By Peter Lynch, something by Warren Buffet and if you want to be really whacked, read Fooled By Randomness by Nassim Nicholas Talib, But never forget about Tobias and Malkiel, invest a regular amount of money every month from 19 to 65 according to what they write and you'll be a wealthy guy by 65."}
{"_id": "404793", "title": "", "text": "I know this is going to be hugely unpopular, but why aren't all the costs associated with having children the responsibility of the parent? It's their decision to have children. And yes, it is a decision, whether you decide to get pregnant or decide to not use condoms or any other form of birth control and then decide to keep the child."}
{"_id": "404800", "title": "", "text": "First, check out some of the answers on this question: Oversimplify it for me: the correct order of investing When you have determined that you are ready to invest for retirement, there are two things you need to consider: the investment and the account.  These are separate items. The investment is what makes your money grow. The type of account provides tax advantages (and restrictions).  Generally, these can be considered separately; for the most part, you can do any type of investment in any account. Briefly, here is an overview of some of the main options: In your situation, the Roth IRA is what I would recommend. This grows tax free, and if you need the funds for some reason, you can get out what you put in without penalty. You can invest up to $5500 in your Roth IRA each year. In addition to the above reasons, which are true for anybody, a Roth IRA would be especially beneficial for you for three reasons: For someone that is closer in age to retirement and in a higher tax bracket now, a Roth IRA is less attractive than it is for you. Inside your Roth IRA, there are lots of choices. You can invest in stocks, bonds, mutual funds (which are simply collections of stocks and bonds), bank accounts, precious metals, and many other things. Discussing all of these investments in one answer is too broad, but my recommendation is this: If you are investing for retirement, you should be investing in the stock market. However, picking individual stocks is too risky; you need to be diversified in a lot of stocks. Stock mutual funds are a great way to invest in the stock market.  There are lots of different types of stock mutual funds with different strategies and expenses associated with them. Managed funds actively buy and sell different stocks inside them, but have high expenses to pay the managers. Index funds buy and hold a list of stocks, and have very low expenses. The conventional wisdom is that, in general, index funds perform better than managed funds when you take the expenses into account.  I hope this overview and these recommendations were helpful. If you have any specific questions about any of these types of accounts or investments, feel free to ask another question."}
{"_id": "404805", "title": "", "text": "\"I am starting to get the meaning of a \"\"moral hazard\"\". I hope they give out the money to tax paying middle-low income families than to the banks as long as we are experimenting with printed money. We all know bad boy JP Morgan is up to no good.\""}
{"_id": "404814", "title": "", "text": "\"Just a word of warning: Most of the companies that promise to repair your credit are scams or close to them.  You could just as easily do yourself what they are going to charge you for. Essentially they write a letter to the credit agencies disputing most or all of the bad stuff on your credit report. When you do that, the credit agency sends an inquiry to the company that reported the negative information requiring them to justify it. If that company doesn't respond within x days, they remove the item from your credit report. These companies depend on the fact that some companies aren't going to hit that deadline or even respond. Perhaps they are just too busy to hassle with providing backup documentation for a $20 late payment. They are banking on getting a few of these cheap \"\"outs\"\" to your benefit and charging you for what amounts to sending out a bunch of form letters. If you don't mind writing a bunch of letters, then you can save a lot of money and get the exact same results. These companies want to pretend they have some insider knowledge or fancy lawyers that know special credit-magic, but they generally don't. The only option I'd consider legitimate and not a waste of your time is a referral from the non-profit National Federation for Credit Counseling. They aren't going to \"\"fix your credit\"\", but will give you advice on budgeting and repairing your credit on your own.\""}
{"_id": "404817", "title": "", "text": "Read TFA.  They intentionally picked someone who didn't know how to do the role.   &gt; [w]e\u2019re looking for good analysts, whether it\u2019s a data scientist, security analyst, network analyst, IT analyst, or even someone with an auditing degree. ... Security can be learned."}
{"_id": "404819", "title": "", "text": "\"The IRS definition of gift you quoted has \"\"full consideration ... received in return\"\". If your friend's help is not contingent upon your monetary offer (as is the case in all your scenarios I believe?), then it shouldn't be viewed as consideration in return of your money, right?\""}
{"_id": "404833", "title": "", "text": "I actually just did that with my Chase Freedom card. They rotate categories every 3 months, and from April-June it was 5% back at grocery stores.  So I bought a ton of gas cards and got my 5% back.  Next I figured out I would be clever and buy a ton of store gift cards (grocery gift cards) right at the end of the quarter, then use those in the future to purchase gas cards.  Well, I just tried that a couple days ago and discovered the store refuses to sell a gift card if you're paying with a gift card!  So now I'm stuck with $1,000 in grocery cards until I use them in actual grocery purchases haha One of the things about this grocery store is they partner with a gas station on their rewards program.  They offer 10 cents off a gallon with every $100 spent in store, and they double it to 20 cents off a gallon if you buy $100 in gift cards.  Then on the back of the receipt is a coupon for 10 cents off per gallon -- which they double on Tuesdays.  Unfortunately I think I'm one of the only people that takes this much advantage of the program  :-/ Side note: I actually just changed the billing cycle of my Chase Freedom card to end on the 24th of the month.  That way I can charge a bunch of rewards in the final 6-7 days of the quarter.  And if I have a $0 balance on the 24th, my bill isn't due for 7 weeks -- interest free!  And Chase Freedom has never cared if you purchase gift cards with their quarterly rewards program.  I also gave them a courtesy email giving the specific store and $$$ amount that was going to be charged, and of course they still called me with a 'fraud alert'..."}
{"_id": "404840", "title": "", "text": "Profit after tax can have multiple interpretations, but a common one is the EPS (Earnings Per Share).  This is frequently reported as a TTM number (Trailing Twelve Months), or in the UK as a fiscal year number.  Coincidentally, it is relatively easy to find the total amount of dividends paid out in that same time frame. That means calculating div cover is as simple as:  EPS divided by total dividend.  (EPS / Div). It's relatively easy to build a Google Docs spreadsheet that pulls both values from the cloud using the GOOGLEFINANCE() function.  I suspect the same is true of most spreadsheet apps.  With a proper setup, you can just fill down along a column of tickers to get the div cover for a number of companies at once."}
{"_id": "404841", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-economy-idUSKBN18M1GP) reduced by 88%. (I'm a bot) ***** &gt; WASHINGTON The U.S. economy slowed less than initially thought in the first quarter, but softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter.  &gt; Gross domestic product increased at a 1.2 percent annual rate instead of the 0.7 percent pace reported last month, the Commerce Department said on Friday in its second GDP estimate for the first three months of the year.  &gt; Spending on equipment rose at a 7.2 percent rate in the first quarter rather than the 9.1 percent reported last month.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejclq/us_economy_grows_at_tepid_12_percent/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133541 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **rate**^#2 **spend**^#3 **quarter**^#4 **growth**^#5\""}
{"_id": "404846", "title": "", "text": "Talk to an insurance broker.  Dealing with property can be risky.  If someone slips and decides to sue, the lawyer is going to drag everyone into it.    Look for business insurance, but also personal liability and umbrella insurance.  You might think you're doing things as part of your business and find out you're actually doing them as yourself and when sued, you are being sued, not your company!  An insurance agent will be able to sort things out for you though."}
{"_id": "404852", "title": "", "text": "Source Rule 41 of the AIM Rules sets out the procedure for delisting. In summary, a company that wishes to cancel the right of any of its trading securities must: The notification to the Exchange should be made by the company\u2019s nominated adviser  and should be given at least 20 business days prior to the intended cancellation date (the 20 business days\u2019 notice requirement is a minimum). Any cancellation of a company\u2019s securities on AIM will be conditional upon seeking shareholder approval in general meeting of not less than 75% of votes cast by its shareholders present and voting (in person or by proxy) at the meeting. The notification to shareholders should set out the preferred date of cancellation, the reasons for seeking the cancellation (for example annual fees to the Exchange, the cost of maintaining a nominated adviser and broker, professional costs, corporate governance compliance,  inability to access funds on the market), a description of how shareholders will be able to effect transactions in the AIM securities once they have been cancelled and any other matters relevant to shareholders reaching an informed decision upon the issue of the cancellation. Cancellation will not take effect until at least 5 business days after the shareholder approval is obtained and a dealing notice has been issued by the Exchange. It should be noted that there are circumstances where the Exchange may agree that shareholder consent is not required for the cancellation of admission of a company\u2019s shares, for example (i) where comparable dealing facilities on an EU regulated market or AIM designated market are put in place to enable shareholders to trade their AIM securities in the future or (ii) where, pursuant to a takeover which has become wholly unconditional, an offeror has received valid acceptances in excess of 75% of each class of AIM securities.  The company\u2019s Nominated Adviser will liaise with the Exchange to secure a dispensation if relevant. So you should receive information from the company regarding the due process informing you about your options."}
{"_id": "404857", "title": "", "text": "But that's the problem. There is nothing that could protect you. If a government restricts businesses to replace humans with software, they just move to a country with better laws.  And as far as I am aware, there are no laws protecting you from being fired when replaced with software."}
{"_id": "404868", "title": "", "text": "Emergency funds are good to keep yourself out of debt, for whatever reason. Job loss is a big place where an emergency fund can help you out.  It buys you time to find another job before hauling out the credit cards for your groceries, falling behind on your mortgage and car payments, etc. But it can just as easily be used for major car repairs, serious medical issues, home repairs, etc. ... anything that needs to be done quickly, and isn't a discretionary item. The bigger your cash reserves, the better, especially now that the economy is bad."}
{"_id": "404881", "title": "", "text": "\"You'd need to test the assumptions here - in effect you're saying that in 15 years your account will have a balance 10x your income. But normally you'd expect your income to grow over the years (e.g. promotions) and so you'd hope that your income in 15 years would be significantly larger than what it is now.   But, even in the case where your account eventually does grow to 10x your salary at that time, it may still be worth continuing to contribute. In effect, adding a further 1% to your account is boosting the \"\"compounding return\"\" on your account by 1% - after fees and risk free. This additional 1% \"\"return\"\" in effect makes your retirement plan safer - you either get a higher total return for the same investment mix, or you can get the same total return for a slightly safer investment mix. In effect, you're treating your salary as a \"\"safe\"\" annuity and each year putting 10% of the \"\"return\"\" from that into your more risky retirement account.\""}
{"_id": "404901", "title": "", "text": "\"By that same line of thinking:  Subscribe &amp; Save -&gt; grocery pantry orders -&gt; dash -&gt; local -&gt; echo -&gt; Amazon Go -&gt; rolling shopping carts picked by robots supervised by humans   It's a bit like the smart fridge concept.  Just because you don't hit \"\"ship\"\" doesn't mean Amazon can't start aggregating orders to be ready for your pick up.   Amazon is becoming a demand planning company. You demand it and they plan for it.   Then throw in air drones, lockers, blimp warehouses and auto trucks   Yikes. That means it could be Amazon, Google and Apple who will split up the majority of the driverless vehicle business.   Yielding the first truly $1T market cap and the winner will be the first $2T company.\""}
{"_id": "404911", "title": "", "text": "Google Finance will do all the bullet points in your list and a few more.  The only drawback is that you have to enter ALL buy and sell manually.  It has an import feature, but it does not work with all trading software. http://www.google.com/finance Let me know if it works.  Also, yahoo.com/finance has a good tool, but I still like better Google's application."}
{"_id": "404936", "title": "", "text": "Depends on the structure of the company and what shares are outstanding.  If the pink sheet stock has no voting power then buying all that stock doesn't get you any control at all.  On the other hand, if the outstanding shares only represent 20% of the company's overall shares, then buying all the shares isn't likely enough to have a controlling interest. Thus, you'll have to dig into the details.  If you want an example of where I'd have my doubts, look at Nestle's stock which has the ticker of NSRGY.  There can be companies that are structured with stock on multiple exchanges that can also be a challenge at times.  There is also something to be said if you own enough stock in a company that this has to be disclosed to the SEC when you buy more."}
{"_id": "404949", "title": "", "text": "First, what Daniel Carson said. Second, if you're getting started, just make sure you are well diversified.  Lots of growth stocks turn into dividend stocks over time-- Microsoft and Apple are the classic examples in this era.  Someday, Google will pay a dividend too. If you're investing for the long haul, diversify and watch your taxes, and you'll make out better than nearly everyone else."}
{"_id": "404953", "title": "", "text": "It's much more complicated than that. But to be extraordinarily brief, tech companies (and pharma and everyone else) off-shore the further development of IP (etc.) once it's going to be successful. They then license it back to the US-based entity, and gin up all manner of tax benefits. (Source: I did this for a living.)  The problem is that the revolutionary product that's generating billions of dollars was conceived of in the US, developed in the US under the benefits of the US economy at large, protected by US laws, often subsidized by US tax dollars, initially driven by US markets, and is owned by a US parent company. However, having used the vehicle to wealth that is the US, the company then cuts off the tax revenue to the US that's suppose to continue to fuel the broader context that gave rise to the benefits in the first place.   Say what you want about US corporate tax rates. This money has been subjected to 0% taxes in most cases and no chance in US tax rates will chance that calculation.   [This TED Talk is worth watching](https://www.ted.com/talks/mariana_mazzucato_government_investor_risk_taker_innovator)"}
{"_id": "404954", "title": "", "text": "Most people who have over $250,000 in liquid cash savings would not want to start putting their money into regular savings accounts in different banks, especially with interest rates as ridiculously low as they are now in 2014-15.  People with money will want to diversify their investments in ways that will potentially earn them more money, and they can also afford to seek the advice of financial planners who can help them do this wisely. Even if you decide to put $250,000 into various accounts at different banks, I wouldn't necessarily trust that the FDIC will be able to help you recover your money in the event that your banks go under.  The amount of money available to the FDIC to cover such losses pales in comparison to the actual amount of money that Americans have in their bank accounts."}
{"_id": "404973", "title": "", "text": "If your house was paid off, would you be comfortable borrowing from the equity to invest? This is essentially the same question.  Also, why not ask the opposite? How much more should you be borrowing (at a similar rate) for investments? Your answer to both questions will be clues to how you view the risk/reward of borrowing against your house in order to invest. My personal preference is not to invest with borrowed money. There may be a few percent of potential returns I am missing out on. That percent return has to be analyzed in the context of a full financial plan and future goals."}
{"_id": "404984", "title": "", "text": "&gt;You mean Gary Johnson, he was not a libertarian, he was a republican.  Gary Johnson was a Republican in title only. In the current political climate you have to have an R or a D next to your name to have a chance. It doesn't have to always stay that way.  &gt;Your opinions are a drop of ink in an ocean. Change them and contribute among the vast, vast majority of Americans who believe in a nation state or knowingly continue spouting your ideology which will amount to nothing.  Translated: Become a sheep or choose to think for yourself."}
{"_id": "404988", "title": "", "text": "\"Agreed.  &gt;Yes: Android is way more fragmented, and has many more \"\"shitty\"\" devices, but we're talking basic messaging here, not games or complicated shit.     Android is no longer as shitty as it used to be. Th latest versions of Android are just as clean and good as iOS.    Maybe it's me but Apple is getting desparate day by day. I really wonder if they are ever going to release another product as successful as the iPhone, iPad or MacBook.\""}
{"_id": "405019", "title": "", "text": "\"I purchased a portable A/C unit from Amazon from a third party reseller, when it died after 18 months the seller had vanished and I had no evidence/proof/contact to make a claim. Manufacturer warranty was only 12 months so no luck there either.  Resellers need to bake returns into their profit margin. The example in the article of electronic devices being \"\"too complicated\"\" is a good example. A non tech savvy person wants an intuitive device instead of reading a bunch of instructions, big box stores and Amazon itself realize it's a legitimate return. Someone born in the 90s trying to make a quick buck reselling imports can be like \"\"it's easy, just do steps A, B, F, Q, Z\"\" when a non tech person may only remember A+B\""}
{"_id": "405021", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-07-26/in-a-robot-economy-all-humans-will-be-marketers) reduced by 85%. (I'm a bot) ***** &gt; ATMs made bank branches easier and cheaper to operate, and that led banks to hire more staff, including tellers.  &gt; These tellers play a smaller role in counting cash and handling deposits than before, so what are they doing instead? Economist James Bessen explained: &amp;quot;Their ability to market and their interpersonal skills in terms of dealing with bank clients has become more important. So the transition - what the ATM machine did was effectively change the job of the bank teller into one where they are more of a marketing person. They are part of what banks call the &amp;#039;customer relationship team.&amp;#039;&amp;quot;.  &gt; More legal work is done by smart software, but cultivating client relationships has never been more important.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pum0t/in_a_robot_economy_all_humans_will_be_marketers/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~176740 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **more**^#1 **bank**^#2 **marketing**^#3 **customer**^#4 **teller**^#5\""}
{"_id": "405033", "title": "", "text": "Unions are a joke. They were created originally with good intentions, to protect workers interests. Now, it's all corruption and overpaid high school dropouts making $40/hour for holding a stop sign.   You barely graduated high school. In no situation is your hourly rate worth $150 to me.  Unions need to be put in their place."}
{"_id": "405056", "title": "", "text": "I love how people still think we need to be working as much as we do right now as a society.   9-5, 5 days a week all year? Fuck, wake up people. I bet we worked less as hunter gatherers.   We have everything we need: access to water, shelter, food, technology. Why are we still working like we're slaves?  And I know some people like work and there are economic arguments for why we work this much. Doesn't change the fact that what is happening is ridiculous."}
{"_id": "405071", "title": "", "text": "\"I currently use Mint for this, which I see that you have already disqualified but not why you have disqualified it.  Set \"\"budgets\"\" for how much you want to spend on what type of expense, and then be sure to assign expenses to a budget as they come in. Mint actually learns what expenses go to each budget and eventually does it automatically.\""}
{"_id": "405072", "title": "", "text": "\"The signers of the declaration of independence all stood to see financial gain from separating from England.  It has always been a driving factor.  Much more recently, Eisenhower famously used the term \"\"military-industrial complex\"\" in his farewell address in 1961.  Go back a little further and collusion with robber barons during the industrial revolution was common place.  Nobody alive today in the US (or really anyone who has ever lived within the United States) has lived in a time when politics and industry weren't strongly linked.\""}
{"_id": "405085", "title": "", "text": "TL; DR : OP (for our purposes) has many years of copyright and history with business name.  Scumbag insurance company start using same name.  OP gets lots of insuance related calls and contact from confused customers.  Scumbag insurance Co. uses Florida legal system, including scumbag judge, to try to screw Good Guy OP.  Sucks.    I upvoted in hopes that some FL lawyer will see it."}
{"_id": "405105", "title": "", "text": "\"In a word, no. If your income is high enough to have to file a return, you have to file a return. My accountant has a nice mindset for making it more palatable. I'll paraphrase: \"\"Our tax system is ludicrously complicated. As a result, it is your duty as an American to seek out and take advantage of every deduction and credit available to you. If our politicians and leaders put it into the tax code, use it to your advantage.\"\" A friend of mine got a free golf cart that way. It was a crazy combination of credits and loopholes for electric vehicles. That loophole has been closed, and some would say it's a great example of him exercising his patriotic duty.\""}
{"_id": "405115", "title": "", "text": "Of course, you've already realized that some of that is that smaller estates are more common than larger estates.  But it seems unlikely that there are four times as many estates between $10 and $11 million as above that range.   People who expect to die with an estate subject to inheritance tax tend to prepare.   I don't know how common it is, but if the surviving member of a couple remarries, then the new spouse gets a separate exemption.  And of course spouses inherit from spouses without tax.  In theory this could last indefinitely.  In practice, it is less likely.  But if a married couple has $20 million, the first spouse could leave $15 million to the second and $5 million to other heirs.  The second spouse could leave $10 million to a third spouse (after remarrying) and another $5 million to children with the first spouse.  All without triggering the estate tax.   People can put some of their estate into a trust.  This can allow the heirs to continue to control the money while not paying inheritance tax.  Supposedly Ford (of Ford Motor Company) took that route.   Another common strategy is to give the maximum without gift tax each year.  That's at least $14k per donor and recipient per year.  So a married couple with two kids can transfer $56k per year.  Plus $56k for the kids' spouses.  And if there are four grandchildren, that's another $112k.  Great-grandchildren count too.  That's more than a million every five years.  So given ten years to prepare, parents can transfer $2 million out of the estate and to the heirs without tax.   Consider the case of two wealthy siblings.  They've each maxed out their gifts to their own heirs.  So they agree to max out their gifts to their sibling's heirs.  This effectively doubles the transfer amount without tax implication.   Also realize that they can pretransfer assets at the current market rate.  So if a rich person has an asset that is currently undervalued, it may make sense to transfer it immediately as a gift.  This will use up some of the estate exemption.  But if you're going to transfer the asset eventually, you might as well do so when the value is optimal for your purpose.   These are just the easy things to do.  If someone wants, they can do more complicated things that make it harder for the IRS to track value.   For example, the Bezos family invested in Amazon.com when Jeff Bezos was starting it.  As a result, his company could survive capital losses that another company might not.  The effect of this was to make him fabulously rich and his parents richer than they were.  But he won't pay inheritance tax until his parents actually transfer the estate to him (and I believe they actually put it in a charitable trust).  If his company had failed instead, he still would have been supported by the capital provided by his parents while it was open (e.g. his salary).  But he wouldn't have paid inheritance tax on it.   There are other examples of the same pattern:  Fred Smith of FedEx; Donald Trump; Bill Gates of Microsoft; etc.  The prime value of the estate was not in its transfer, but in working together while alive or through a family trust.  The child's company became much more valuable as a result of a parent's wealth.  And in two of those examples, the child was so successful that the parent became richer as a result.  So the parent's estate does count.  Meanwhile, another company might fail, leaving the estate below the threshold despite a great deal of parental support.   And those aren't even fiddles.  Those children started real companies and offered their parents real investment opportunities.  A family that wants to do so can do a lot more with arrangements.  Of course, the IRS may be looking for some of them.   The point being that the estate might be more than $11 million earlier, but the parents can find ways to reduce it below the inheritance tax exemption by the time that they die."}
{"_id": "405143", "title": "", "text": "&gt; So no evidence then.  That's literally not at all what I said. So you're obviously a troll.  What I said is give me 2 hours of their broadcasts and I can point out to you everything you need to see to be convinced. The evidence is in their broadcasts."}
{"_id": "405153", "title": "", "text": "\"The various levels of government have laws determining what a protected class is.   Federally, [these](https://en.wikipedia.org/wiki/Protected_class) are the protected classes under federal law. It is illegal to discriminate against someone based on their membership of any  of those demographics. On the state and local level, many states have additional protections. For example, my home state of IL explicitly forbids discrimination based on someone's sexual orientation or gender identity, classes which are not explicitly forbidden on the federal level.  Hate speech is protected under the First Amendment, so long as you're not inciting violence. (That caveat is very murky and I am not qualified enough to speak on what is and isn't inciting violence from a legal perspective, I just know that the caveat exists)  The key distinction that I think a lot of people misunderstand and are confused about is that, while hate speech is protected under the first amendment like all other forms of speech, it is not a protected class. Meaning, I can say whatever hateful rhetoric I want, but non government entities are free to discriminate against me.    I can absolutely be fired if my employer finds out I am posting on Facebook advocating for the death of black lives matter activists, or saying stuff like \"\"terrorist immigrant rapists go home\"\" because political speech is not a protected class. I cannot be fired for posting a photo of my gay wedding (in IL), because in IL sexual orientation is a protected class.   Does that make sense?\""}
{"_id": "405156", "title": "", "text": "\"People are naturally pessimistic or optimistic. I am a pessimist, I have a anxiety disorder to prove. Tried to have a business, gave up when I realized I would have to borrow more money to keep on going. My dad on the other hand, he is eternal optimist. He was part of the 80es real estate bubble. It just was in his genes to believe that prizes keep on going up. And they might have, but there were factors at play that he could not foresee (falling of soviet union which influenced Finland).   To me, bubbles are born because of 1 simple reason. Government backed loans. If governments would not bail out banks that lend money to speculators. There would not be bubbles. It is that simple. But then the economy would freeze, since banks would demand perfect guarantees before they would loan you a cent.  One way to deal with that might be that central banks would naturally print money at a certain rate each year, knowing that a lot of that money will just burn in bad investments, basically forgiving banks for the bad loans they have made. Not too much to cause inflation, yet not too little to cause banks stop lending.  This money would be simply printed off thin air.   There would have to be a agreement on IMF level at what this \"\"burn rate\"\" could be to invidual countries. But since that burn rate could give an edge to a country that was allowed to print more, it would be very hard to come to an agreement how much each country could print.   Or, there could be a international agreement that the money would printed this way only during recessions.   Else we are stuck with bust and boom cycles, which are very destructive as I have witnessed first hand.\""}
{"_id": "405166", "title": "", "text": "\"Total Capital This is a very old fashioned term that really is mostly only used in the finance industry today, like when everyone was obsessed with \"\"bank capital\"\". Total Capital = Preferred Equity + Common Equity + Liabilities True blue preferred shares are almost only used by financial companies, banks specifically.  The more modern ones that convert to common are used by all other companies. Notes Payable This is another old fashioned term that now carries a different meaning in Generally Accepted Account Principles (GAAP). The oldest definition of a note or a promissory note is a promise to pay a fixed amount of money on a specific date.   This has been modified to resemble more a bond and evolved into the zero coupon bond, a bond that makes no cash interest payments but makes one final payment that includes principal & interest.   A bank note, like a One Dollar bill, is a note that pays something, in this case One Dollar, never (technically, the repayment date is simply not specified in the contract).  While it pays One Dollar, it never pays it back, so it has a constant value of One Dollar.  The constant nature, inflation notwithstanding, is what makes bank notes the preferred medium of exchange. GAAP has taken its' own definition to mean any debt payable within 12 months, as it is a current (<12 months) liability.\""}
{"_id": "405176", "title": "", "text": "Find the most hair braiding parlor in your most city. We have the stylish hair braiding service at the affordable price. Here, you can expect more from  Soma Hair Braiding. Hair Braiding is a complicated procedure, which requires a lot of time to handle the hair on a regular basis. There is a possibility of having a African hair breakage and minor damage if you are not rebraiding once in 10 to 15 days. It is beautiful and synthetic  hair braiding. We offer unrivaled texture and shine just like real, human hair."}
{"_id": "405178", "title": "", "text": "\"I would refer you to this question and answers. Here in the US we have two basic types of life insurance: term and whole life.  Universal life is a marketing response to whole life being such a bad deal, and is whole life just not quite as bad. I am not familiar with the products in India, but given the acronym (ULIP), it is probably universal life, and as you describe is variable universal life.   Likely Description \"\"Under the hood\"\", or in effect, you are purchasing a term life policy and investing excess premiums in a collection of stock mutual funds.  This is a bad deal for a few reasons: A much better option is to buy \"\"level term insurance\"\" and invest on your own. You won't necessarily lose money, but you can make better financial decisions.  It is good to invest, it is good to have life.  A better decision would not to combine the two into a single product.\""}
{"_id": "405181", "title": "", "text": "So, people deposit money with you, you agree to pay them fixed % back, and then you invest money for your own profit? Sounds like a bank to me.  Or a dividend-paying mutual fund, or a number of other similar ideas.  Sure, you're welcome to start something like that up; it's unlikely you'd get money from people unless you had already proved yourself competent as an investor, though.  After all, if it's possible to get a safe, comfortable 5%, why would anyone give you money at 2% or 3% instead of just getting that 5% for themselves?  Or, more likely, finding a competitor who gives 4.9%? As in most things, the market will find inefficiencies like this and squash them like bugs.   That said, there are some opportunities that take advantage of other kinds of situations.  The most common I'd say is owning a home.  You take out a mortgage for 80% of the value of the home, instead of buying it outright, and you instead invest the 80% in the market.  You likely will beat your mortgage rate given the current 3.5%-4% rates.  That's effectively doing the same thing, with an expense you'd have anyway (you always have to live somewhere); since it's a secured loan, you get better rates than the market will give (as it's quite safe) and you can use tax laws in your favor (mortgage interest deduction, in particular, and the capital gains break on primary residences)."}
{"_id": "405183", "title": "", "text": "After determining your potential savings rate, it is important to spend some time considering your retirement goals. In particular, do you want to live on the same amount of money you live on today? Maybe more? Less? Less: If you plan on living on less than today, I would maximize pre-tax contributions as a first priority (ie, 401k). In doing so, you opt to withdraw the money in the future at a lower marginal tax rate. If you have other pre-tax accounts available, such as an HSA, I think it makes sense to go this route: The Same/More: If you plan on living on the same or more than today, then the Roth choice becomes a matter of personal preference if you believe taxes will be higher at retirement then today. For those in this camp, I've seen recommendations that say Roth should be approximately one-fifth to one-half of annual contributions (where possible). My suggestion would be to wager on the lower end as most pre-tax accounts can be converted to Roth in a year when you may be in a lower marginal tax bracket. Assuming your savings rate is 20% on 100k income, the one-fifth recommendation would be $4000 towards Roth and the other $16000 towards pre-tax accounts, such as 401k or HSA."}
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{"_id": "405206", "title": "", "text": "Michael gave a good answer describing the transaction but I wanted to follow up on your questions about the lender. First, the lender does charge interest on the borrowed securities. The amount of interest can vary based on a number of factors, such as who is borrowing, how much are they borrowing, and what stock are they trying to borrow.  Occasionally when you are trying to short a stock you will get an error that it is hard to borrow. This could be for a few reasons, such as there are already a large amount of people who have shorted your broker's shares, or your broker never acquired the shares to begin with (which usually only happens on very small stocks). In both cases the broker/lender doesnt have enough shares and may be unwilling to get more. In that way they are discriminating on what they lend. If a company is about to go bankrupt and a lender doesnt have any more shares to lend out, it is unlikely they will purchase more as they stand to lose a lot and gain very little.  It might seem like lending is a risky business but think of it as occurring over decades and not months. General Motors had been around for 100 years before it went bankrupt, so any lender who had owned and been lending out GM shares for a fraction of that time likely still profited.  Also this is all very simplified. JoeTaxpayer alluded to this in the comments but in actuality who is lending stock or even who owns stock is much more complicated and probably doesnt need to be explained here. I just wanted to show in this over-simplified explanation that lending is not as risky as it may first seem."}
{"_id": "405212", "title": "", "text": "\"In a comment you say,  if the market crashes, doesn't \"\"regress to the mean\"\" mean that I should still expect 7% over the long run? That being the case, wouldn't I benefit from intentionally unbalancing my portfolio and going all in on equities? I can can still rebalance using new savings. No.  Regress to the mean just tells you that the future rate is likely to average 7%.  The past rate and the future rate are entirely unconnected.  Consider a series:   The running average is  That running average is (slowly) regressing to the long term mean without ever a member of the series being above 7%.   Real markets actually go farther than this though.  Real value may be increasing by 7% per year, but prices may move differently.  Then market prices may revert to the real value.  This happened to the S&P 500 in 2000-2002.  Then the market started climbing again in 2003.  In your system, you would have bought into the falling markets of 2001 and 2002.  And you would have missed the positive bond returns in those years.  That's about a -25% annual shift in returns on that portion of your portfolio.  Since that's a third of your portfolio, you'd have lost 8% more than with the balanced strategy each of those two years.   Note that in that case, the market was in an over-valued bubble.  The bubble spent three years popping and overshot the actual value.  So 2003 was a good year for stocks.  But the three year return was still -11%.  In retrospect, investors should have gone all in on bonds before 2000 and switched back to stocks for 2003.  But no one knew that in 2000.  People in the know actually started backing off in 1998 rather than 2000 and missed out on the tail end of the bubble.   The rebalancing strategy automatically helps with your regression to the mean.  It sells expensive bonds and buys cheaper stocks on average.  Occasionally it sells modest priced bonds and buys over-priced stocks.  But rarely enough that it is a better strategy overall.   Incidentally, I would consider a 33% share high for bonds.  30% is better.  And that shouldn't increase as you age (less than 30% bonds may be practical when you are young enough).  Once you get close to retirement (five to ten years), start converting some of your savings to cash equivalents.  The cash equivalents are guaranteed not to lose value (but might not gain much).  This gives you predictable returns for your immediate expenses.  Once retired, try to keep about five years of expenses in cash equivalents.  Then you don't have to worry about short term market fluctuations.  Spend down your buffer until the market catches back up.   It's true that bonds are less volatile than stocks, but they can still have bad years.  A 70%/30% mix of stocks/bonds is safer than either alone and gives almost as good of a return as stocks alone.  Adding more bonds actually increases your risk unless you carefully balance them with the right stocks.  And if you're doing that, you don't need simplistic rules like a 70%/30% balance.\""}
{"_id": "405217", "title": "", "text": "For self-service type online customers, OptionsXpress gives me far better trading features(like technicals advanced conditions) and tools, ACH money management & scheduling, fullfillment too. $9 stock trades.  I don't know if they yet share Schwab's (their new parent company?) commission-free ETFs getting so trendy nowadays."}
{"_id": "405231", "title": "", "text": "Absolutely anyone who wants to put money into a stranger's account is a guaranteed scammer and most likely from Nigeria in reality. I know you probably felt like it was your lucky day but in fact it could have been your unluckiest day had you not asked on here, so good on you man. Whenever you're not sure about something just ask, that's what the internet is for, someone's always willing to help."}
{"_id": "405252", "title": "", "text": "ACH, Paypal, Amazon Pay are all other options that can be used.  ACH is cheapest for the merchant but it is a bit of a pain for the customer to setup (aka adds friction to our sales process, which is *very* bad).  Paypal and Amazon Pay both cost a bit more than regular credit cards for the merchant.  Google Wallet is free but not available unless you are a sole proprietor or an individual, which is is useless for businesses.  So yeah, other options are either difficult or more expensive."}
{"_id": "405253", "title": "", "text": "$500 for just 32gigs. Little saddened by that. So want one though! Food or Nexus 10...food or Nexus 10...Maybe I'll get lucky and find one someone 'lost' at a bar ;) That's the 'hip' way to give away tech these days!"}
{"_id": "405276", "title": "", "text": "One interpretation of the above is that Pound (alongside US Dollar, Euro and other major curriencies), which forms the Forex basket of countries has dropped to less than 10% weightage in case of China's Forex holding. Now the question is where did this money go, this money probably have gone into Forex market to buy Yuan against Pound/Dollar etc. to bolster or strengthen Yuan. The currency reserve management is the 'wealth' management part and the 'currency' management part is what is known as 'central bank intervention' to stabilize the currency."}
{"_id": "405281", "title": "", "text": "If your requirements are hard (must have $1000/month, must have the same or bigger in capital at the end), stocks are a poor choice of investment. However, in many cases, people are willing to tolerate some level of risk to achieve the expected returns. You also do not mention inflation, which can take quite a lot out of your portfolio over the course of ten years. If we make some simplifying assumptions, you want to generate $12,000 a year. You can realistically expect the (whole) stock market, long term (i.e. over time periods substantially longer than 10 years), to return approximately 4 - 5% after factoring in inflation. That means an investment of $240,000 - $300,000 (the math is simplified somewhat here). If you don't care about inflation, you can up the percentage rather somewhat. According to this article, the S&P 500 returned an average of 11.31% from 1928 through 2010 (not factoring in inflation), which would require an investment of approximately $106,100. But! This opens you up to substantial risk. The stock market may go down 30% this year! According to the above article, the S&P returned only 3.54% from 2001 to 2010. Long-term, it goes up, but your investment case is really unsuited to investing in an index to the entire stock market given your requirements. You may be better suited investing primarily in stable bonds, or perhaps a mix of bonds and stocks. Alternatively, you may want to consider even more stable investments such as treasury notes. Treasury notes are all but guaranteed, but with a lousy rate of return. Heck, you could consider a GIC (that may be Canada-only) or even a savings account. There's also the possibility of purchasing an annuity, though almost everyone will advise against such. Personally, I'd go for a mutual fund which invested approximately 70% bonds and the rest in stocks over such a time period. Something like ING Direct's Streetwise Balanced Income Portfolio, if you were in Canada. It substantially lowers your expected return but also lowers your risk. I can't honestly say what the expected return there is; at this point, it's returned 4% per year (before inflation), but has been around only since the beginning of 2008. And to be clear, this is absolutely not free of risk."}
{"_id": "405283", "title": "", "text": "I don't have any specific situation on the situation in Austria, but in general there are a few things that you should keep in mind. First of all, the official website of the Austrian tax authorities appears to be this one: https://www.bmf.gv.at/steuern/startseite-steuern.html. There is an English page there, but it is mainly aimed at international businesses. The part about tax treaties may be relevant, though. The general procedure is outlined here: https://www.bmf.gv.at/steuern/startseite-steuern.html. Like I said in my comment, most information is likely only available in German. I would strongly advise to ask help from someone who speaks German and is familiar with the tax system in Austria. The main thing that you would have to do first is to check of which country you are a resident for tax purposes. This is usually the country in which you lived for more than 183 days in the past year. If you moved during the year, and had income from more than one country, you may have to file tax returns in both countries. There are tax treaties between Austria and the UK (and most other countries), so you would have to check those treaties to find out what gets taxed where. In principle you get taxed only once, but usually you would have to declare all income. The last important thing is of course to make sure you submit before the relevant deadlines."}
{"_id": "405287", "title": "", "text": "\"Yep, I would have this conversation repeatedly with customers at a previous job.   \"\"Sir / Ma'am, I understand your frustration as you run your business from your home. However, you explicitly signed up for the residential service even after being reminded that it does not have any SLA's or guaranteed time to contact / time to restore.\"\"  It was very common that they would penny pinch on the connection and then raise holy hell when it inevitably went down. Then, they'd try to upgrade for a month and roll back, forcing us to begin signing them to contracts.   From a business standpoint, we'd have to have additional staff as well as higher skilled staff to deal with their issues. More staff as you need to have someone able to immediately / short time dispatch. Higher skilled to deal with issues like VPNs, static IPs, bridging, and small to medium business type issues, along with the increased communication and presentation for the business clientele. Those additional resources also come at higher than usual pay.\""}
{"_id": "405301", "title": "", "text": "The fees with trading CFDs are usually lower than standard share trading. There is usually no joining fee to join a broker and start trading with them, you must be talking about the minimum required to fund your account to trade with.  What country are you in? Because if you are in the USA I believe CFD trading is not allowed there. Also there is no margin fee associated with trading CFDs. The margin is what you put in to buy or sell the CFD when you open a position. For example if you were to open a position in a share CFD where the underlying share had a price of $10 and you were looking to buy 1000 units. To buy the shares outright your outlay would be $10000 plus brokerage. If the CFD provider had a 10% margin on these share, then your initial margin to open a CFD position would be 10% of $10000 or $1000. If the price of the shares went up to $11 and you sold the shares you would get $11000 ($1000 profit), if you sold the CFDs you would get $2000 ($1000 profit). If on the other hand the shares went down to $9 and you sold the shares you would get $9000 ($1000 loss), if you sold the CFDs you would get $0 ($1000 loss). You have to be careful with margin, it is a two edged sword - it can multiply your gains as well as multiply your losses. The only fees you should be charged with CFDs is brokerage (which should be less than for share trading), and overnight financing costs. This is charged for everyday you hold a long position overnight. You should not be charge any overnight financing cost for holding short positions overnight, and if interest rates were higher you might actually get paid an overnight financing for holding short positions overnight. You may have been closed out of your bitcoin position because you didn't have enough funds in your trading account to open the size trade that you opened. From your question it seems like you are not ready to trade CFDs, you should really learn more about CFDs and the trading platform/s you plan to use before trading with your valuable money. You could probably open up a simulation account whilst you are learning the ropes and become more familiar with the trading platform and with CFDs. And if you are not sure about something ask your broker, they usually have training videos and seminars."}
{"_id": "405338", "title": "", "text": "Check out this recent Planet Money podcast on taxes & incentives via allowance for your children.  It might not directly answer your question, but it brings up some interesting things to consider when setting up an allowance for your children."}
{"_id": "405342", "title": "", "text": "\"If you only have to pay 23k federal taxes on 100k, that means you are in the long term capital gains tax rate, which is the lower of the tax rates available. First you get your federal income tax marginal tax rate, and then find the matching long term capital gains tax rate. For example, if your marginal federal income tax rate is 28%, your capital gains tax rate would be 15%. Or rather, if the amount of the gain would put you in the 28% rate, then your long term capital gains tax rate is 15%. You can reduce that by having more losses. If you have anything else invested anywhere that is taking a loss, then you can sell that this year and it will offset the other gains you have realized. The only note is that your losses have to be long term capital losses too. Tax loss harvesting takes this to an extreme where you sell something at a loss to lock in the tax loss, but you didn't really want to get rid of that investment, so then you buy a nearly identical investment. ie. if you owned shares of \"\"Direxion Tech Sector ETF\"\" and it was at a loss, you would sell that and then immediately buy \"\"ProShares Tech Sector ETF\"\", the competing product that does the exact same thing. Then there is charity. This still requires spending money and you not having it any longer. If you feel that a cause can use the money more directly than the US government, you can donate an appreciated asset to the charity - not report a gain and also take a charitable deduction.\""}
{"_id": "405344", "title": "", "text": "Something not in answers so far:  define your goals.  What is important to you? My goals, if I were in your shoes, would include a debt-free home, passive (investment) income so I would not have to work, and have health insurance covered.  I could think of many more details, and already have, but you get the idea. To help determine which investment information to learn first, consider how much risk you can tolerate.  I know that's vague at this point, but if you're looking for safe investments first, you could learn about mutual funds, and then index funds specifically.  At the risky extreme, you could learn about stock options, but I would not recommend such risk."}
{"_id": "405349", "title": "", "text": "Makes perfect sense in two ways. Staying private allows companies to focus on long term strategy rather than quarterly results, and some of the companies mentioned raised lots of money very quickly but might not have the most stable strategy over the long term which would turn off public investors."}
{"_id": "405352", "title": "", "text": "\"The first loan looks like it did not have its interest subsidized while you were in school, so interest was accruing eventhough you didn't have to start making payments on it yet. With the $73 payment you made, the bank is allocating the funds in a pre-determined split that is in their best interest - NOT yours! While you do need to pay them down (and eventually off), at the current rate it will take ~169 months (with no more interest accruing) to do so. Most likely, with interest continuing to accrue, you're looking more in the neighborhood of 17 years, rather than 14 (these are back-of-the-envelope numbers). The payoff balance listed is the current principle plus interest that will accrue before the next processing date - so it is usually a little higher than the \"\"actual\"\" balance, because the interest is accruing daily (albeit in very small percentages (1/365 of the loan's percentage)).\""}
{"_id": "405356", "title": "", "text": "You could slip and fall in the shower tonight.  Or you might never need it. Insurance is a hedge against risk.  If the event has already occurred, you're uninsurable. If you and others would suffer if you have a bad accident and can't work, get it now."}
{"_id": "405358", "title": "", "text": "Yes, you can do everything that Fidelity promises with the cash management account.  Your benefits are: The downsides?  They don't have branches everywhere, so if you do need to see a person, you may not be able to do so.  Likewise, you won't be able to do cash deposits.   Before anyone says it's too good to be true, brokerages like Schwab and Fidelity offer this because the hope is that you'll end up establishing or using other services they offer, so they do have ways to profit from this.  Still, compared to the joke that is many other banks, it's a good deal provide you're aware of the two downsides listed above this."}
{"_id": "405367", "title": "", "text": "I'll go a step further: I think he did it not only out of investing acumen, but literally because he believed it was the right thing to do for his country. He understood how much misery could come from the collapse of such a creditor, and the risk he took was offset somewhat by the knowledge that his actions were, at worst, delaying the implosion of the US banking system, and at best preventing it.  It bled furiously for a few months, and the healing took several years, but his efforts quite literally single-handedly reduced the pain and duration of the Great Recession. It could have ended like the Great Depression, with over a decade of rebuilding, endless soup lines, and taken a greater toll than it did (which was heavy enough)."}
{"_id": "405369", "title": "", "text": "Maryland treats income from pensions and annuities in the same manner that the federal government treats such income. Consequently, pensions and annuities can be subject to Maryland's income tax. The resident booklet for Maryland income tax filers states on page 4: Line 1d. Enter on line 1d the total amount of pension, IRA,   and annuities reported as income on lines 15b and 16b of your   federal Form 1040, or lines 11b and 12b of your federal Form   1040A. Line 1 of Maryland's tax return represents total taxable income, before deductions, exemptions, and adjustments. Line 16b of federal Form 1040 represents the taxable portion of your FERS annuity. Consequently, the federally taxable portion of your FERS annuity is also subject to Maryland's state income tax. The taxable portion of FERS annuities should be recorded on the 1099-R you receive. If it's not, IRS pub 721 records how to calculate the taxable portion of FERS annuities. Maryland does, however, allow filers to exclude up to $29,200 of the taxable portion of their pension income in 2015 from taxable income if: a. You were 65 or over or totally disabled, or your spouse was   totally disabled, on the last day of the tax year, AND b. You included on your federal return taxable income received   as a pension, annuity or endowment from an \u201cemployee   retirement system\u201d qualified under Sections 401(a), 403 or   457(b) of the Internal Revenue Code. [A traditional IRA, a   Roth IRA, a simplified employee plan (SEP), a Keogh plan, an   ineligible deferred compensation plan or foreign retirement   income does not qualify.] You mention receiving SS disability, so you may be eligible for that exclusion. Regarding what kinds of disabilities qualifies for those exclusions, Maryland states that: To be considered totally disabled, you must have a mental or physical impairment which prevents you from engaging in substantial gainful activity. You must expect the impairment to  be of long, continued or indefinite duration or to result in your death. You must attach to your return a certification from a qualified physician stating the nature of your impairment and that you are totally disabled. If you have previously submitted a physician\u2019s certification, attach your own statement that you are still totally disabled and that a physician\u2019s certification was submitted before. If you feel you would qualify for that exclusion (and have the required supporting evidence), fill out the relevant table and include the result on line 10 of your Maryland tax return. In the future, to avoid a large state tax bill due to inadequate withholding on pension funds, OPM provides a web service which allows you to specify state tax withholding amounts on pension distributions."}
{"_id": "405374", "title": "", "text": "&gt;They collected my license plate info via a reader at the stall and already tied it to my account.  That's bit unsettling.  More from a privacy standpoint.  As if someone hacks into or gets Amazon's user database (as lets face it its only a matter of time that happens), they will know what car you drive among other things."}
{"_id": "405378", "title": "", "text": "It's pure BS. I guarantee that any of the H1-B visa people they hire will be paid less than an American. How many good programmers has Microsoft lost to other companies due to their wacky HR policies?   http://www.forbes.com/sites/frederickallen/2012/07/03/the-terrible-management-technique-that-cost-microsoft-its-creativity/"}
{"_id": "405382", "title": "", "text": "First, your references are only tangentially related to your claim.  &gt; If you have twice the generation capacity in renewables (wind/solar) and can store 20% of your yearly consumption, then you are fine.  Right. If you do that, you're fine to run your hospital off-grid with no backup generators without significant risk of the life support systems going offline.  The requirements for a grid-connected single family home are much lower. Generating 100% of your power needs and having one powerwall (for half a day of storage) will drastically reduce your electricity demand.   Home solar doesn't need to completely replace grid power - a 70% reduction in demand would be sufficient to reduce generation requirements to only existing hydro / wind / nuclear plants."}
{"_id": "405400", "title": "", "text": "Despite what the article discusses, I personally have gone to McDonald's less and less because their service and quality seems to be getting worse.  I think they need to retrain their staff.  How is it I order two double cheese burgers and I get a McNuggets and a fish sandwich?  Or I order a chocolate milkshake and get a vanilla one with one swirl of chocolate in it.  :("}
{"_id": "405412", "title": "", "text": "Since you are using the percentage method to determine the home/business use split, I would think that under most circumstances the distance driven to get your car from the dealership to home, and from home to mechanic and back would be less than 1% of the total miles driven. This is an acceptable rounding error. When refueling, I typically do that on my way to another destination and therefore it's not something I count separately.  If your miles driven to attend to repair/refueling tasks are more than 1% of the total miles driven, split them as you feel comfortable in your above examples. I'd calculate the B/P percentages as total miles less maintenance miles, then apply that split to maintenance miles as well."}
{"_id": "405440", "title": "", "text": "Is this a USA bank to a USA bank transaction?  If so, it will clear in one to two business days.  Once cleared, the landlord cannot stop pay it.  He can, however, dishonestly claim it was a fraudulent check and attempt a chargeback. If you want absolute certainty the money will not be recalled, go to the landlord's bank and cash the check as a non-customer.  You will have to pay a small fee, but you will walk out with cash.  I suggest you take a photocopy of the check, and staple your receipt to it as evidence that the check was cashed for any impending legal proceedings."}
{"_id": "405441", "title": "", "text": "It was a requirement that they call my current employer. It wasn't reference necessarily, but for background check purposes. I'm assuming they're calling to verify I work there and what my salary is. Still gonna put me in an awkward spot.   Edit grammar"}
{"_id": "405445", "title": "", "text": "Best advice I've ever gotten from anyone that has helped my career tremendously is this; no one cares. No one cares if you're tired, or hungry, or busy, or bored. Just get your job done.   Mistakes are binary. Either you made one or you didn't. If you fuck up early, it'll hurt you immeasurably. Develop a reputation for being early, staying late and doing solid work.   You'll be fine."}
{"_id": "405474", "title": "", "text": "The difference is that Yahoo is showing the unadjusted price that the security traded for on that date, while google is adjusting for price splits. This means that Google is showing how much you would have had to pay to get what is now one share. Since 1979, JNJ has split 3-for-1 once, and 2-for-1 four times. 3x2x2x2x2 = 48. If you bought 1 share at that time, you would now have 48 shares today. Yahoo is showing a price of $66 for what was then 1 share. $66/48 = 1.375, which Google rounds to 1.38. You can see this if you get the prices from May 14-21, 1981. The stock split 3-for-1, and the price dropped from 108 to 36.38. Yahoo's adjusted close column has not been accurate since they re-wrote the Finance website. It now just represents the closing price. The other relevant field on Yahoo is the Adj. Close. This adjusts for splits, but also adjusts for dividends. Hence why this doesn't match either the Google or Yahoo numbers."}
{"_id": "405484", "title": "", "text": "I get this argument for the citizenship thing too. It's being unpatriotic that I shouldn't want to file or pay taxes on money I earn oustide of the USA that stays in banks outside of the USA and won't be spent in the USA or even ever converted to dollars.  Even if you don't owe anything, it's pretty much impossible to file without professional help once you get assets involved (I'm talking like a retirment account, a house, stocks, etc... Not super rich people stuff) so no matter what you have to pay an accountant that specializes in international taxes and that's not all that cheap either.  If I weren't emotionally attached to my citizenship and identity, I would have renounced already and it looks like it's getting worse with all kinds of FATCA nonsense. Thanks for the public education, US but it looks like I may have to self exclude myself from ever mvoing back because of stupid bullshit."}
{"_id": "405506", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/6/7/15753510/kansas-brownback-tax-reform) reduced by 94%. (I'm a bot) ***** &gt; Kansas is struggling to balance its budget Moderate Republican lawmakers in Kansas are now in open rebellion, scrambling to find ways to roll back the tax cuts as the state looks for ways to balance its budget.  &gt; Republicans have signaled that they plan to pass tax reform through the budget reconciliation process, which means the tax cuts can&amp;#039;t add to the deficit after 10 years.  &gt; Both were the architects of the Kansas tax experiment, and both helped Trump craft the tax plan he touted during his campaign.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gadek/httpswwwvoxcompolicyandpolitics20176715753510kansa/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140377 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **cut**^#2 **taxes**^#3 **state**^#4 **Brownback**^#5\""}
{"_id": "405509", "title": "", "text": "\"In general the consensus is that a small amount of inflation (usually 1.5-2% per year) is desirable.  That is why the Federal Reserve sets its inflation target in that range.  The reasons why are quite complex though. One reason is \"\"wage stickiness\"\" - ie., the observed phenomenon that employers don't like to cut wages.  Having a small rate of inflation means that when wages are steady in nominal terms, they are actually falling in real terms.  This gives employers more flexibility.\""}
{"_id": "405518", "title": "", "text": "What you posted didn't disagree though, as far as I could tell. Maybe I'm just tired and I'm missing something.  Until recently, I worked construction. Now I have a part time job while I learn computer programming.  Why do you ask?"}
{"_id": "405572", "title": "", "text": "The biggest issue with Yahoo Finance is the recent change to the API in May. The data is good quality, includes both dividend/split adjusted and raw prices, but it's much more difficult to pull the data with packages like R quantmod than before.  Google is fine as well, but there are some missing data points and you can't unadjust the prices (or is it that they're all unadjusted and you can't get adjusted? I can't recall). I use Google at home, when I can't pull from Bloomberg directly and when I'm not too concerned with accuracy.  Quandl seems quite good but I haven't tried them. There's also a newer website called www.alphavantage.co, I haven't tried them yet either but their data seems to be pretty good quality from what I've heard."}
{"_id": "405581", "title": "", "text": "Have you talked with her about this? On the one hand you have a point.  Given the prenuptial agreements why should you invest in something that you can never have interest in.  However, you also live in the property.  You did not go into the arrangements but presumably you should be contributing to the upkeep of the home as otherwise you would live there for free. Additionally you did not mention it but it sounds like the prenuptial does not cover your assets.  In the event of divorce she, presumably, would own half of your 400K.  Correct? The key here is a conversation.  What is right for the two of you?  While some might be very uncomfortable with the situation, as is, you two seem to be okay with it.  Go from there, build on it.  Come up with something that is equitable for both parties and your heirs."}
{"_id": "405584", "title": "", "text": "\"I love how you're being downvoted even though you're providing a very basic answer that is easy to look up and see that you are correct, no the majority of people Linhares just listed aren't \"\"economists\"\" - but then again redditors vote based on they feel, irregardless of the facts. I also love how everyone now feels as though the financial crisis was easy to spot - I bet if we went back and asked them in 2007 they would have all foreseen it as well. Yes, a few exceptionally intelligent people (Roubini, Shiller, Grantham etc.) foresaw it, but then again thousands of intelligent people make forecasts on financial markets every day and the majority fail to outperform it. The survivor bias in action I guess.\""}
{"_id": "405591", "title": "", "text": "\"In general,  if you think something even MIGHT be a scam, the answer is\"\"yes\"\".\""}
{"_id": "405633", "title": "", "text": "Your credit report is composed of different factors and each has a different weight. Payment history has the biggest weight, at 35%, while length of credit history is 15%. So together, these two factors make up 50% - there are 5 factors total. Given that your card is your oldest card, and assuming you've made on time payments on that card, it does have an influence on your credit report/score. I would not close the card, and use it to make occasional purchases. I have a card like that where I only use it to make iTunes purchases - at most a couple bucks every few months."}
{"_id": "405670", "title": "", "text": "See thats just plain wrong.  Minimum wage increases will not increase the total costs of living that puts it on par with the minimum wage.  So many studies have been done on this exact question.  This mentality is like saying in china that people should only make cents an hour because if they make anymore the cost of living will go up as well.  Here are some good reads for you :)  http://letjusticeroll.org/news/001185-raising-minimum-wage-does-not-increase-unemployment  http://therealnews.com/t2/index.php?option=com_content&amp;task=view&amp;id=31&amp;Itemid=74&amp;jumival=5650&amp;updaterx=2010-10-08+11:40:17  http://www.dadychery.org/fr/2012/01/03/eight-states-raise-minimum-wage/  So many studies prove your statement wrong."}
{"_id": "405695", "title": "", "text": "In general, insurance is a net good for you when it covers catastrophic losses that you would otherwise be unable to properly pay for yourself. See more here: https://money.stackexchange.com/a/77570/44232. Of course, insurance is more valuable when the catastrophic event becomes more likely. The list of possible outcomes for this combination of expense + likelihood is below: 1) Unlikely event; minimal loss: Insurance has no value here; you will simply be giving money to the insurance company and never getting anything worthwhile in return. Example: insuring your car in Florida against hail damage. 2) Unlikely event; catastrophic loss: Insurance has some value; it is likely cheap to acquire due to unlikelihood of occurrence, and could reduce the possibility of unfortunate incidences from becoming life-altering. Example: insuring your car for an extra $1M liability insurance against possible medical expenses of those in an accident. 3) Likely event; minimal loss: Insurance has no value here - you will over the course of your life suffer many of these small losses, and by constantly paying insurance, you are on average losing money to the insurance companies. Example: insuring your toaster. 4) Likely event; catastrophic loss: While insurance would be valuable here, it is also going to be quite expensive. A better option may be to simply not participate in that activity. Example: insurance for participating in an unlicensed MMA fight. Your specific question refers to what I would classify as #2 above - an unlikely event, but a catastrophic loss. This implies that insurance may be worthwhile, depending on the price and payout. The price itself seems small in relation to the cost of a ticket, and the payout seems high in relation to the cost of the premium.  But does the payout actually mean to you? It is perhaps not wise to consider life insurance as a 'windfall payment'. Instead, consider life insurance as coverage for the financial realities of death - funeral expenses, and perhaps money to provide grieving time for your family before they resume or take on work [Again, insurance is coverage against catastrophic loss, not a lottery ticket to provide a windfall when the unfortunate happens]. If you are the sole provider for your family, you may also want your insurance payout to be enough to resolve any outstanding debts you have outstanding [such as a mortgage], and/or substantially cover living expenses for your family for an extended period of time. A $20k payout would likely be far more than enough to cover funeral expenses, but may not be enough to set up your family to subsist without you as a sole provider. Also consider that the chance for an accident may not seem particularly concerning while you are on the train in comparison to when you are jaywalking, or smoking the odd cigar, eating red meat, having a glass of red wine. What I mean is that there are many things in life which add some level of risk; not all of them are as obvious as a train ride, but there is always a chance of something unfortunate happening, even if you take reasonable precautions. What these two considerations imply is that perhaps instead of insuring against this very specific incident, you instead purchase overall life insurance. Rather than taking a flat payout amount, take enough of a policy only to cover the specific needs you expect - for many people, this is defined by the amount needed to cover funeral expenses only + possibly their outstanding mortgage balance. If you take the train often, your annual insurance premiums for a full insurance plan may be similar to your 'train only' insurance, while covering you in a wider variety of circumstances. Many people hesitate to think about purchasing not only life insurance not only because of the cost, but also because they do not wish to dwell on their mortality. But facing the subject head on may provide you with both financial and emotional peace of mind.  [And write up a will, while you're at it!]"}
{"_id": "405702", "title": "", "text": "The bank will sell your debt to a collection agency, that will then follow you everywhere you go and demand payment. They will put a negative notice on your credit report preventing you from getting any new credit, and might sue you in court and take over some or all of your assets through court judgement."}
{"_id": "405721", "title": "", "text": "Sure, just outsource everything that doesn't justify a $70k salary - book keeping, it help desk, janitorial, etc.  Hell, outsource software development if you can maybe only employ a senior architect and outsource the rest.  Be in b2b Sales so you don't need any front line b2c customer service needs.  Make sure your goods are digital so you don't need warehouse or logistics staff.  Make sure your revenue is recurring and drafted from the customer automatically so you don't need any accounts receivable staff.  Sure, you can use this model - it works great for something like a credit card payment processor, just like it would work well for a boutique financial services firm or a SaaS software company."}
{"_id": "405761", "title": "", "text": "I don't even know where you got the news that MJ isn't selling his shoes to Republicans and all that, but the facts are that corruption in American politcs rn is way better espicially since in 1896 JP Morgan, Rockefeller, and Carnegie bought Mckinnely and got him into office. Read it here https://studygrowknowblog.com/2012/11/16/buying-a-president/ And if your talking about the social aspect of it, I agree. Republicans espicailly, but also a lot of Democrats aren't willing to even talk to each other, but they weren't close friends either during Lincoln and the civil war times either."}
{"_id": "405764", "title": "", "text": "Yes. But this should only apply in the case where workers consider the market clearing wage to be too low, rather than the issue in question where it appears clear that employers consider the market clearing wage too high.  Caveat: there should be some allowance for subsidy / protection of industries critical to national security and infant industries that face innovation costs, as well as a robust social safety net for workers who find their individual skills mismatched to the market."}
{"_id": "405777", "title": "", "text": "(do I need to get a W9 from our suppliers)? Will PayPal or Shopify send me a 1099k or something? Do not assume that you'll get paperwork from anyone.  Do assume that you have to generate your own paperwork.  Ideally you should print out some kind of record of each transaction.  Note that it can be hard to view older transactions in PayPal, so start now.  If you can't document something, write up a piece of paper showing the state of the world to the best of your knowledge.   Do assume that you need separate receipts for each expenditure.  The PayPal receipt might be enough (but print it in case the IRS wants to see it).  A receipt from the vendor would be better (again, print it if it is online now).   A CPA is not strictly necessary.  A CPA is certified (the C in CPA) to formally audit the books of a corporation.  In your case, any accountant would be legally sufficient.  You still may want to use a CPA, as the certification, while technically unnecessary, still demonstrates knowledge.  You may otherwise not be in a position to evaluate an accountant.  A compromise option is to go to a firm that includes a CPA and then let them assign you to someone else to process the actual taxes.   You are going to have to fill out some business tax forms.  In particular, I would expect a schedule C.  That's where you would show revenues and expenses.  You may well have to file other forms as well."}
{"_id": "405791", "title": "", "text": "\"I seem not to be able to comment on the first answer due to reputation, so I'll aim to enhanced the first answer which is generally good but with these caveats: 1) Dividends are not \"\"guaranteed\"\" to preferred shareholders.  Rather, preferred shareholders are normally in line ahead (i.e. in preference to or \"\"preferred\"\") of common shareholders in terms of dividend payment.  This is an extremely important distinction, because unlike investments that we generally consider \"\"guaranteed\"\" such as CDs (known as GICs in Canada), a company's board can suspend the dividend at anytime for long periods of time without significant repercussions -- whereas a missed payment to a bank or secured bondholder can often push a company into bankruptcy very quickly. 2) Due to point 1), it is extremely important to know the \"\"convenants\"\" or rules sorrounding both the preferred shares you are buying and the other more senior creditors of that issuing company (i.e. taxes (almost always come first), banks loans, leases, bonds etc.).  It is also important to know if a particular preferred share has \"\"cumulative\"\" dividends.  You generally only want to buy preferred's that have \"\"cumulative\"\" dividends, since that means that anytime the company misses a payment, they must pay those dividends first before any other dividends at the same or lower priority in the future. 3) Unlike a common stock, your upside on a preferred stock is relatively fixed: you get a fixed share of the company's profit and that's it, whereas a common shareholder gets everything that's left over after interest and preferred dividends are paid. So if the company does really well you will theoretically do much better with common stock over time. For the above reasons, it is generally advisable to think of preferred shares as being more similar to really risky bonds in the same company, rather than similar to common stock.   Of course, if you are an advanced investor there are a lot more variables in play such as tax considerations and whether the preferred have special options attached to them such conversion into common shares.\""}
{"_id": "405797", "title": "", "text": "Not sure I understand your question correctly, but you could use ACH to transfer funds between banks without a fee (most banks don't charge, the big ones might, for outgoing).  The downside of course is that an ACH takes 2 to 5 days depending on both the originating and receiving banks. A wire is instantaneous but there is always a fee."}
{"_id": "405803", "title": "", "text": "So, the market thinks the value of Wholefoods to Amazon is about $19billion. Who cares? It's not about what Amazon gets, its about what Wholefood shareholders can get instead. What's they're alternative to this deal? Who will pay that much? Anyone? Just because it's a good deal for Amazon, doesn't mean it's a bad deal for Whole Food shareholders"}
{"_id": "405806", "title": "", "text": "Digital photographs are the primary material to work with in relation to [free digital scrapbooking](http://www.scrapgirls.com/), yet tasks could be almost not possible to carry out without using unique personal computer programs and graphic software\u2019s. Electronic scrapbooking is dependent upon this kind of tools for creating layouts, including graphic textures, embellishing and also which includes text messages."}
{"_id": "405825", "title": "", "text": "Here at Burpengary Dental Professionals we believe in providing an anxiety free, professional and affordable dental experience to all our patients. As the regions leading dentist we can handle all of your oral health needs including check ups, teeth cleaning, fillings, root canals, and much more. For professional service, great prices and a perfect smile, call us today."}
{"_id": "405837", "title": "", "text": "\"This is largely a cultural issue. I would be appalled at the very idea that my parents would charge me interest for lending me money. Just as they would be appalled if I were to do so if lending them money. I find the idea of attempting to make money off of your children fundamentally wrong.  I realize that you only want to do this to teach them, that you have their best interests in mind and not your own profit. Nevertheless, what will actually happen were you to charge them interest is that you would accrue a monetary gain at the expense of your children. Is that really something you would be comfortable with? Now, as I stated at the beginning, this is clearly a cultural issue. Based on the other answers here, many cultures, probably including your own, find nothing wrong with this. I've even heard of people charging their adult children rent when they come home for the holidays, something that is completely baffling to me.  The point I am trying to make is that asking other people's opinions on whether you should do this is not very useful unless those people share your own cultural background. My family and culture are such that the idea of charging interest to one's family members seems downright immoral to me. Given that you are asking here, it seems like you might be on the fence about it yourself. However, I freely admit that my answer is colored by my own cultural prejudices and may very well not be applicable to you.  Still, ask yourself, is a relatively small amount of money in the grand scheme of things\u2014or, for that matter, an entire fortune\u2014worth jeopardizing your relationship with your children? Do you really believe that having their parents retroactively charge them interest for a loan will somehow teach them something about the \"\"real world\"\" that your already adult children don't know? One of the main reasons they came to you and didn't go to a bank is precisely that they expected the loan to be interest free.  So, sure, tell them that you won't lend any more until they repay what they owe. Even better, sit them down and have an honest, adult conversation, explaining that the absence of the money they owe is making itself felt in your household and work out a way they can repay you.  What, in my opinion, you most certainly shouldn't do is treat your relationship with your children as a regular business transaction. It isn't and I am sure you don't want it to be.\""}
{"_id": "405841", "title": "", "text": "There are no particular restrictions in the UK on sending money abroad, so if you can get the loan in the first place you can send the money abroad. The main potential issue will be that many (maybe all) unsecured personal loan providers will want some indication of the purpose of the loan, and you will need to be honest with them about this or it would be fraud. As with all financial transactions with friends and family, you should think very carefully about the risks both of not getting the money back and of the impact on your relationship. Can you definitely repay the loan even if your parents don't repay you? Who will take the exchange rate risk; will your parents repay you the GBP you borrowed or the EUR you lend them? Depending on the rules in your parents' country, they will likely need to declare the source of these funds to the mortgage provider, and the mortgage provider will always have first priority in getting repaid."}
{"_id": "405843", "title": "", "text": "DannyInternets considers MF Global and John Corzine to be the same thing. His monkeysphere is not big enough to fit all of MF Global's employees, so he thinks that John Corzine physically lost the money.  This is bad, it leads to scapegoating, if that 'fucker' went to prison there'd be a whole bunch of people who are more guilty getting away with everything."}
{"_id": "405847", "title": "", "text": "After-hours trading and alternate venues allow one to trade outside of regular market hours. However there are a few reasons why you would not want to: The purpose of an exchange is to improve liquidity by gathering all buyers and sellers in the same place at the same time. If trading was 24/7, not all market participants would be trading at the same time. Some markets (including NASDAQ) depend on market makers or specialists to help liquidity. These exchanges are able to mandate that the market maker actively make a market in a security during a meaningful percentage of the trading day. Requiring 24/7 active market making may not be reasonable. Trading systems, meaning both exchange infrastructure and market participant infrastructure, need maintenance time. It's nice to have the evenings and weekends for scheduled work. Post-trade clearing and settlement procedures are still somewhat manual at times. You need staff around to handle these processes."}
{"_id": "405848", "title": "", "text": "I do know that a blank check has all the information they need for the electronic transfer. They probably add it as a customer service to streamline future payments. Though I don't think automatically adding it makes good business sense. It is possible that the form used to submit the check included a line to added the account to the list of authorized accounts.  He might have been lucky he didn't set up a recurring payment.  I would check the website to see if there is a tool to remove the account info from the list of payment options. There has to be a way to edit the list so that if you change banks you can update the information, yet not keep the old accounts on the list. Talk to customer service if the website doesn't have a way of removing the account. Tell them that you have to edit the account information. And give them your info. If they balk at the change tell them that they could be committing fraud if the money is pulled from an unauthorized account."}
{"_id": "405856", "title": "", "text": "Updating this question with a report from Clark Howard: http://www.clarkhoward.com/news/clark-howard/homes-real-estate/home-warranties-not-worth-paper-theyre-written/nDYMR/ Of course everybody is right so far... Home warranties aren't worth the paper they're written on, but that   hasn't stopped homeowners from buying them by the millions. Nor does   it negate their effectiveness as a tool you can use to sweeten the pot   if you have to sell your home in a tough market. The Chicago Tribune reports that 3 million homeowners bought home   warranties last year. Yet at the same time, for six years running,   home warranty companies have led a list of the most complained about   companies in America out of 500 different categories tracked by   AngiesList.com. Basically the point he is trying to make is that home warranties aren't worth it (by and large) for the average home owner.  However, if you are selling a home, offering to pay for a warranty for one year for the new home buyer is a sweet incentive for selling your house.   At first, there seems to be a contradiction, but not in actuality.  If you expect a home warranty to serve you, statistically it probably won't.  There are success stories; there are just more horror stories.  But just like any sort of advertising cost or other sunk cost when selling your house, having a warranty to give to your new buyer will perhaps help you sell the home faster and for more money.   It doesn't mean you believe in the quality of the warranty, but for your buyer, if they never use it; meh.  If the use it and it works; hooray!  If they use it and it doesn't work; oh well, at least it didn't cost them anything. Offering it to your buyer is akin to offering them a free piece of art.  Maybe they like it, maybe they don't, but it was free!"}
{"_id": "405858", "title": "", "text": "Investing in NPS is a good stratergy for long term keeping in mind your retirement plans. However, the amount deposited in NPS gets locked till you are sixty. So, it depends on you wheather you want to pay few bucks to the government to enjoy the remaining money as you wish or you want to save the money till you are in your sixties. I hope the answer is useful."}
{"_id": "405875", "title": "", "text": "\"Do you think that you had previously been over-saving for retirement? If so, then the first time home buyers exemption might be a good opportunity for you to reverse that error. On the other hand, if you think you have been saving the right amount, or too little, for retirement, then why would you undo that savings?  \"\"Because I can, under existing tax law\"\" seems like an inadequate answer. Remember that if you are anticipate to be maxing out your tax advantaged accounts in the near future, then such a distribution is a permanent loss of opportunity.  You can't get the money back in. Are you thinking more clearly now, or were you thinking more clearly back when you decided to contribute to an IRA rather than build up a down-payment fund in the first place?\""}
{"_id": "405878", "title": "", "text": "&gt; The company also emphasizes its green credentials, pointing out traveling in all-electric vehicles does not emit greenhouse gases into the atmosphere.  [Popular Mechanics](http://www.popularmechanics.com/cars/hybrid-electric/a3259/electric-cars-pollute-more-than-gasoline-cars-17535339/) as well as [Scientific American](https://www.scientificamerican.com/article/electric-cars-are-not-necessarily-clean/) among many others disagree  also, if the traffic is hell if you drive your car, how is it better if a Tesla is the vehicle?  &gt; Given the notorious traffic conditions on I-5"}
{"_id": "405889", "title": "", "text": "I asked how often grocery purchases are made in a comment, but I'm going to assume weekly for simplicity. If a roommate is present during the week following a grocery purchase, then they owe a share according to their preferences as you outlined them above. You will have to track the grocery cost by category for that week and calculate the balance owed by the person for that week. If there is a partial week where most expect to leave for a holiday or otherwise, then fewer groceries should be purchased for that week, and the cost of shares will decrease accordingly. One need only indicate preferences once, and weekly attendance thereafter. The only issue remaining is to determine how to record shares. If a normal person consumes 3 shares of milk, and .5 shares of butter, and so on, you simply add up all of the milk shares for the week and divide the milk bill by those shares. Same with the butter. The downside of this method is that you have to predict consumption in advance, so you may instead calculate by consumption after the fact with a deposit paid by all to create the initial grocery supply which will be refunded when that person leaves the grocery purchase co-op, and shares are calculated by who participated in the week prior to the grocery purchase. This also allows for a mid-week refresh if any commodity incurs higher than expected consumption, with the mid-week bill being added to the end of week refresh trip."}
{"_id": "405896", "title": "", "text": "Can you expand on your second point about how banks are now structuring these products to account for greater defaults and losses? Is it just that the securities are being correctly rated this time around as opposed to the MBS's back in the last crisis?"}
{"_id": "405898", "title": "", "text": "I would pay down the mortgage first.  It leaves you with more money in the end.  If you focused on the student loans first, you'd have one debt gone, which emotionally is nice, but you'd have accumulated much more interest on the mortgage while you were busy paying down your student loans."}
{"_id": "405919", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-13/long-awaited-fed-balance-sheet-taper-begins-today-with-mortgages) reduced by 54%. (I'm a bot) ***** &gt; After months of debate and conjecture about what&amp;#039;s become known as the Federal Reserve&amp;#039;s balance-sheet taper, the New York branch will announce at 3 p.m. its purchase schedule for a $4 billion per month roll off in the central bank&amp;#039;s holdings.  &gt; The amount allowed to roll off will rise to $8 billion a month in January, to $12 billion a month in April and then ramp up in stages until it reaches a maximum of $20 billion in October 2018.  &gt; In the last schedule which ran from Sept. 28 to Oct. 13, 30-year 3.5s made up 52 percent of all the $14.75 billion of Fed purchases.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/769hn5/the_longawaited_fed_balance_sheet_taper_begins/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~227934 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **billion**^#1 **month**^#2 **purchase**^#3 **off**^#4 **Fed**^#5\""}
{"_id": "405920", "title": "", "text": "\"Wow! You really really did not get it.  So, I will explain slllloooowwwwllly: Politifact confirms that, indeed, Trump reduced the debt more than any other president for this short period of time.  But, then, Politifact says \"\"but....\"\" so the claim about Trump is \"\"mostly false\"\".  Got it? Or do you need more elaborate and slower explanations?\""}
{"_id": "405957", "title": "", "text": "They are not? McKesson basically holds independent pharmacies who do business with them at gun point. Contracts are structured in such a way which states a pharmacy must spend 90 - 95% of their monthly drug expenses on McKesson. Meaning, they are free to inflate the prices as much as they want and the pharmacies can't do anything about it as they are contractually obligated to buy from them.  Furthermore, the savings incentives they offer independent pharmacies are through rebate spend, and they introduce really convoluted rebates. Further masking their actual price for cost of goods and also discouraging spending outside their website. Often the pharmacist does not have the time to keep track of what is on rebate and shopping around may put them in serious risk of loosing out on money or fines.  You may wonder why pharmacies sign such unfavorable contracts. The answer is there aren't many players in the industry who can provide all the drugs required to run a pharmacy. The much cheaper alternate suppliers do not have the inventory and drug selection. A pharmacy can shop around, and there are some that do, but the vast majority do not have the manpower to do so. I will state, I am no pharmacist, but being around pharmacy owners, they blame the wholesalers for how corrupt the system is."}
{"_id": "405961", "title": "", "text": "Scale Manager provides the best water conditioning service in the United Kingdom. Water is an important part of each living thing. If the water entering your building is unclean in any way, let our team diagnosticate the issue and implement a practicable treatment solution. We provide the best Electronic descaler. This system makes an electrical charge in your water that holds the scale in the water and makes it all the more impossible that the mineral will be deserted on surfaces, for example, your bath, sink or shower divider."}
{"_id": "405978", "title": "", "text": "&gt;As an employer, why would I not want to hire someone who is philosophically similar to me?  Because this isn't an issue that should come up in the work place at all, it's extremely unprofessional. It also leads down a very dangerous road of employers demanding religious and political affiliation in a time when people will claim to share that just to get a job.  Unless someone's a zealot you're unlikely to know what their exact position on many issues is and you may be surprised to find how many people with different opinions you actually gel well with and work productively, though I completely understand where you're coming from I don't think the link between having the same opinion and having productive chemistry is as strong as you believe."}
{"_id": "405985", "title": "", "text": "\"To buy a house, you need: At least 2 years tax returns (shows a steady income history; even if you're making 50k right now, you probably weren't when you were 16, and you might not be when you're 20; as they say, easy come, easy go). A 20% down payment.  These days, that easily means writing a $50k check.  You make $50k a year, great, but try this math: how long will it take you to save 100% of your annual salary?  If you're saving 15% of your income (which puts you above many Americans), it'll still take 7 years.  So no house for you for 7 years. While your attitude of \"\"I've got the money, so why not\"\" is certainly acceptable, the reality is that you don't have a lot of financial experience yet.  There could easily be lean times ahead when you aren't making much (many people since 2008 have gone 18 months or more without any income at all). Save as much money as possible.  Once you get $10k in a liquid savings account, speak to a CPA or an investment advisor at your local bank to set up tax deferred accounts such as an IRA.  And don't wait to start investing; starting now versus waiting until you're 25 could mean a 100% difference in your net worth at any given time (that's not just a random number, either; an additional 7 years compounding time could literally mean another doubling of your worth).\""}
{"_id": "405986", "title": "", "text": "Article is typical monetarist bs. Like Trump.  IMO,  money and wealth are not equal, and all debt is not bad. Find out how Hamilton took the Revolutionary War debt,  and used it as  an asset to  issue credit from the  Bank of the US. The real question today is, where is the growth of the real  economy?"}
{"_id": "405996", "title": "", "text": "I have always assumed that there is a regulation that either prohibits, or makes noncompetitive, internet bank business accounts.  All of the 1%+ savings accounts offered at the banks listed are internet only.  If you broaden the search to include other internet only banks like Capital One 360, American Express Savings, Goldman Sachs Savings, Discover Savings, you'll find they all also only offer accounts to individuals (some may allow a trust to own the account) not businesses."}
{"_id": "405997", "title": "", "text": "Hi, I am 20,  pursuing majors in Petroleum Eng. I have almost zero knowledge of finance or trading. I want to shift my career to finance (preferably algo-trading ). So I've started with learning python. What else do you suggest I can start with?"}
{"_id": "406003", "title": "", "text": "&gt; Walmart, home depot, and Costco will always have their place. I still buy a number of items in stores because Amazon can't compete with a 5 gallon bucket for 3 dollars, food prices/quality they haven't even begun to fathom how they will compete with, and general items like furniture that they can't ship for cheap.  You might be right, but Amazon's stated strategy *is* to compete with all those stores, and in all those markets. Most recently the purchase of wholefoods being part of their 'food prices/quality' strategy."}
{"_id": "406036", "title": "", "text": "\"Convenience, and of course money. In case of an event, you'll have to spend the full worth of money to fix/replace, while if you're insured - you get the insurance to pay for it. It is up to you to decide, if the money saved on the lower premiums worth the risk of paying much more in case of an event. Of course, the cheaper the car the more it makes sense not to pay the premiums. Many people do that. Regarding the bargaining power, I actually think that you would pay less if it is not going through insurance than the bill the insurance pays. I fixed a nasty dent for like $300  at one shop, while at the other they said \"\"It's $1200, but what do you care, your insurance will cover it\"\" (I had $500 deductible, so in the end it was cheaper for me to pay $300 without the insurance at all).\""}
{"_id": "406042", "title": "", "text": "Are the amounts in those boxes taxes that have already been removed? Yes. If they are, how do I report these totals? When I entered the information from the 1099-MISC, it only asked for the total, and didn't ask for (what I thought were) the taxes already taken out. It should appear on your 1040 line 64 (and similar line on your State tax return). If the program doesn't ask for all the 1099 fields (which is stupid), you can add it as additional taxes paid in the Credits section, somewhere in the area where they ask about estimated payments etc."}
{"_id": "406048", "title": "", "text": "Maybe the prices aren't better always but there's a perceived higher quality. When you shop there, it feels like you're getting a better value. Who can forget two buck Chuck? And lots of their goods are repackaged. It's an open secret that some of the goods you buy there is name brand with a new box. TJ cultivates this image of being the place where they stuff expensive food into a new box and sell it half off. Shopping there feels like winning the lottery.  They could only do this by limiting their variety. A shame that the article points it out as if a failing, like they pay employees more despite this. It's just the opposite."}
{"_id": "406109", "title": "", "text": "\"Anyone can walk into a bank, say \"\"Hi, I'm a messenger, I have an endorsed check and a filled out deposit slip for Joe Blow who has an account here, please deposit this check for him, as he is incapacitated. Straight deposit.\"\"  They'll fiddle on their computer, to see if they can identify the deposit account definitively, and if they can, and the check looks legit, \"\"thanks for taking care of our customer sir.\"\"  Of course, getting a balance or cashback is out of the question since you are not authenticated as the customer. I have done the same with balance transfer paperwork, in that case the bank knew the customer and the balance transfer was his usual. If the friend does not have an account there, then s/he should maybe open an account at an \"\"online bank\"\" that allows deposit by snapping photos on a phone, or phone up a branch, describe her/his situation and see if they have any options.  Alternately, s/he could get a PayPal account.  Or get one of those \"\"credit card swipe on your phone\"\" deals like Square or PayPal Here, which have fees very close to nil, normally cards are swiped but you can hand-enter the numbers.   Those are fairly easy to get even if you have troubles with creditworthiness.  S/he would need to return the check to the payer and ask the payer to pay her/him one of those ways.  The payer may not be able to, e.g. if they are a large corporation. A last possibility is if the check is from a large corporation with whom s/he continues to do business with.  For instance, the electric company cashiers out your account after you terminate service at your old location. But then you provision service at a new location and get a new bill, you can send their check right back to them and say \"\"Please apply this to my new account\"\". If s/he is unable to get any of those because of more serious problems like being in the country illegally, then, lawful behavior has its privileges, sorry. There are lots of unbanked people, and they pay through the nose for banking services at those ghastly check-cashing places, at least in America.  I don't have a good answer for how to get a check cashed in that situation.\""}
{"_id": "406112", "title": "", "text": "Nothing really tangible is lost when bits of paper or shiny rocks disappear.  Economies are built on raw materials, equipment, production facilities, and people doing work.  Compared to that, any medium of exchange can easily be replaced."}
{"_id": "406113", "title": "", "text": "The _again_ part is the part that pisses me off. We best say no. Once and done, and we did it once. They should have learned their lesson, and they did not.  If we do it again, they'll never pay taxes again. Why, when a free repatriation is just around the corner!"}
{"_id": "406125", "title": "", "text": "If IQ correlates directly with intelligence regardless of race or culture then African Americans are on average a full standard deviation stupider than white people.  They specifically say that is not true, there is no genetic explanation. Therefore there's an issue with the test. How exactly is that hard to understand.  One of those two things has to be true. Blacks(and for that matter every other race) are stupider than whites or IQ doesn't measure intelligence."}
{"_id": "406130", "title": "", "text": "\"Getting pretty tired of this.  Rabble: \"\"There's no shortage! Just offer $500k a year, you'll have plenty of workers!\"\"  Tech companies: \"\"That's not economical for us. Wrecks our margins and business model. We offer **very good salaries** for good software engineers, and still can't find them.\"\"  Rabble: \"\"Evil corporations! Greedy!\"\"  Best solution for long-term American economic advancement and global technological dominance: offer H1B visas for every highly qualified engineer who wants to come here. Bring 'em on!\""}
{"_id": "406146", "title": "", "text": "&gt; hire a cashier for 31k/yr when they can spend the same to buy a ordering kiosk that will be faster, not mess up orders, never be late or sick, not have an attitude, won't quit, doesn't need Healthcare, doesn't need unemployment tax, and will maybe need a repair every now and then?   There's a reason that self checkout stations are becoming more and more popular at places like Lowe's, Walmart, and local grocery stores. If you can hire a single employee to watch over the 4-8 registers, instead of hiring 4-8 workers, you're cutting back on a lot of expenses (salary, taxes, benefits, etc.). I imagine there's a higher level of shoplifting with those stations, but it's probably more than made up for in the $100,000+ in savings each year you don't have to pay someone to run a register."}
{"_id": "406156", "title": "", "text": "I'd pile up as much cash as you can in a savings account - you will need money for the move (even if it's just gas money) and it's going to be hard to predict where house prices are going so you might or might not be underwater when it comes time to sell the house. Or you might be so deep underwater by then that the extra money doesn't make much of a difference anymore anyway. Once you're actually in the process of selling the house, you can figure out if you can (or need to) use the savings to cover the shortfall, closing costs or if you just built up a little wealth during the time you put the money aside."}
{"_id": "406161", "title": "", "text": "You have to think on the margin. While you will always seek work in order to survive, as wages fall, the opportunity cost of leisure falls (and likewise the opportunity cost of working rises), and rational people will, on the margin, substitute toward leisure. Nothing to do with bad parenting. Just simple economics."}
{"_id": "406163", "title": "", "text": "&gt; Do you know what the Bahamian fiscal policies are?  Yes.  Yet are a no income, estate, and wealth tax country.  They have payroll tax that amount to almost 4%, and that us what funds their social services and infrastructure.  However, only 10% off their GDP comes from manufacturing, so they have vey little need for strong infrastructure. That would change drastically if countries stopped bringing money into the country from tourism and banking.  They are basically living off of and depending on the income of wealthy, tax strong nations."}
{"_id": "406185", "title": "", "text": "It's a good idea to keep them, just until your statement arrives. As a programmer you know its supposed to be automatic, but glitches do happen. Keeping the receipt till your statement is probably not necessary 99.999999% of the time, but it might save your butt one time, which would be worth it."}
{"_id": "406189", "title": "", "text": "Well, in a perfect world, those goals are not conflicting with each other. Workers should be paid as much as their productivity allows. Unfortunately, the bargaining power of companies is much stronger against that of any individual. Esp. in such a buyers' market (for labor) like now."}
{"_id": "406192", "title": "", "text": "As mentioned by others, dollar cost averaging is just a fancy term for how many shares your individual purchases get when you are initially adding money to your investment accounts.  Once the money is invested, annual or quarterly rebalancing serves the purpose of taking advantage of higher rates of growth in particular market sectors. You define the asset allocation based on your risk profile, time to retirement, etc., then you periodically sell the shares of the investments that have grown faster than the rest and buy more shares of the investments that are relatively cheaper."}
{"_id": "406204", "title": "", "text": "Where will you buy a computer with the ability to run Linux?   Hardware will signed.  Think about that 1st day you tried an open source OS on an older Win/Mac. It was easy to download and free to use.   If it isn't easy from day one with hardware they already own, many people will never try it again."}
{"_id": "406205", "title": "", "text": "\"He has a point. He didn't say prices would remain the same, just that they'd be \"\"reasonable\"\". I'm sure some restaurants would sacrifice profit margins in order to undercut their competition. Without data, its hard to predict what amounts of price changes we would see.\""}
{"_id": "406215", "title": "", "text": "Why doesn't the paper industry step up and take on the printer industry's exorbitant ink prices?  Blank paper is most useful for printing on, but if that's too expensive, then that's less paper used.    The post office could offer an e-mail-to-delivered-print option, especially for people with (esp. elderly) customers that don't have internet (ie, you e-mail the USPS, they print and deliver the bills/records, just like I believe they already have a similar thing for advertisers).    Paper isn't dead, but the best thing the paper industry can do is push for paper where it makes sense, push for a hybrid of tech and paper where that's better, and not try to shove paper down anyone's throat."}
{"_id": "406217", "title": "", "text": "\"I am a numbers guy, the math is great. Instead of \"\"jane was twice her son's age when he married, and is now 1.5 times his age.....\"\" questions in math class, I think the math problems should mostly have dollar/pound signs in front of them.  In general, I like the idea of relating to the kids' situations as much as possible. When my daughter (14) makes a purchase, I'd ask her to be aware of how many hours she had to work to make the money she plans to spend. Was it worth 4 hours babysitting to buy an iPad case? Was it worth 2 to buy lunch that we could have made you at home?  (Note, the 'convert price to hours worked' is a concept that works great when teaching budgeting to anyone, not just kids.)  The math of tax and discounts for comparison shopping works great as well so long as they understand value. A $400 sweatshirt at 50% off isn't really a bargain, in my opinion.   Next, the math of balancing a checkbook should be high on the list. Accounting for the checks that didn't clear but are outstanding is beyond many people, amazing enough.  For the sport fan, there are unlimited math problem one can create for game scores, stats for the season, etc. Young boys who will fall asleep during a stats class will pay attention if instead of abstract numbers, you add 'goals' 'home runs' etc, after the numbers.  (Note - this question is probably outside the scope of the board, no right or wrong answer. But I love it as a question in general, and if not here, I hope it finds a good home.)\""}
{"_id": "406219", "title": "", "text": "I would suggest your local credit union or local bank for security and liquidity.  Liquidity is probably the most important issue for a emergency fund."}
{"_id": "406225", "title": "", "text": "Let me get this straight. I would stand my ground. Your son negotiated in good faith. Either they messed up, or they are dishonest. Either way your son wasn't the one supposed to know all the internal rules. I don't think it matters if they cashed the check or not. I would tell them if they have cashed it, that is even more evidence the deal was finalized. But even if they they didn't cash it, it only proves they are very disorganized. If for some reason your son feels forced to redo the deal, have him start the negotiations way below the price that was agreed to.  If the deal for some strange reason gets voided don't let him agree to some sort of restocking fee."}
{"_id": "406235", "title": "", "text": "Assuming the funds are being transferred for his treatment, Yes it should be added to your income and taxed at the bracket you fall into. This is same as a person walking into your clinic and paying you cash/cheque/credit card to get treated."}
{"_id": "406239", "title": "", "text": "The benefit is that your earnings in the 401k are not subject to income tax until you make withdrawals. This allows you to grow your money faster than if you made equivalent investments in a taxable account and had to pay taxes on dividends and capital gains along the way. Also, the theory is that you will be in a lower tax bracket in retirement and thus you will pay lower taxes overall. If this is not true (especially if you will be in a higher tax bracket in retirement), then there may not be any advantage for you to contribute to a 401k. One advantage over the Traditional IRA is the higher contribution limit. Some 401k plans also allow you to take loans from the plan, I don't think this is possible with a Traditional IRA. An alternative to both the 401k and Traditional IRA is the Roth version of either plan. With a Roth, you pay taxes up front, but your withdrawals during retirement are tax free."}
{"_id": "406240", "title": "", "text": "I can't tell if your serious or not.  There are emissions taxes worked into each gallon of gas. We are all surviving just fine with the laws that are in place right now.  Its places like China who have emission problems."}
{"_id": "406243", "title": "", "text": "\"I've found that once people \"\"fall in love\"\" with a home or the idea of a home, there's little chance they will chance course.    I'd implore you to do some reading about individuals and families trapped in an underwater mortgage and having lost a job -- now they can't move for work, and they can't refinance or sell.  In short, they are trapped and will be foreclosed upon (or, at best, will short-sell).  If you want to play knife-catcher (e.g., trying to buy an asset while its value is falling) then at least don't go in blind or kid yourself about the risks.  Of course, many folks believe the housing market has bottomed - if that's true then there's no harm in waiting 6 or 12 months and verifying that premise.  At most, you'll lose a couple of points in equity.    On the other hand, you may well discover that all is not well, and suddenly you can \"\"afford\"\" even \"\"more\"\" house.  It is not hyperbole to say that the housing market in the USA has financially destroyed millions of people -- be careful out there especially as Europe comes unglued.\""}
{"_id": "406252", "title": "", "text": "JS Group is a money related administrations gather in Pakistan. JS Group controls and works money related administrations organizations in Pakistan.Money related administrations of JS Group incorporate resource administration, business managing an account, organization inquire about, protection, venture keeping money, miniaturized scale fund and stock business. JS Group additionally has speculations all through Pakistan's economy, in the modern part, innovation and media segments, business land, vitality and characteristic assets. JS Group has its headquarter in Karachi."}
{"_id": "406257", "title": "", "text": "I couldn't tell you because I'm not American, so I've only experienced different countries during short trips.  What I can say with reasonable confidence however, is that while coverage is pretty reasonable (Japan is a pretty easy country to cover with very high urban populations crammed into relatively compact spaces) speeds aren't that amazing.    Where Japan excels is regular internet.  Optical fiber connections of between 300 Mb to 1 Gigabit are widely available.  I regularly achieve speeds of over 20 mega**bytes** per second when downloading.  I think people naturally assume that this automatically translates into super fast mobile networks, but in fact Japan isn't that much better than many other countries, particularly Europe, partly because they've hung onto their old, well established, outdated networks for too long."}
{"_id": "406259", "title": "", "text": "I'm no expert on AI but I did take a few classes on it during my CS degree.  One of the first things we learned was that Neuroscience, or Cognitive Neuroscience, is an intrinsic part of AI and has been since the early days.  So the part of this article that implies this is a new idea seems incorrect.  If you're going to build an AI, you won't make it very far without a definition for intelligence or what it is to *think* (this turns out to be hard.)"}
{"_id": "406286", "title": "", "text": "The rule that I know is six months of income, stored in readily accessible savings (e.g. a savings or money market account).   Others have argued that it should be six months of expenses, which is of course easier to achieve.  I would recommend against that, partially because it is easier to achieve.  The other issue is that people are more prone to underestimate their expenses than their income.  Finally, if you base it on your current expenses, then budget for savings and have money left over, you often increase your expenses.  Sometimes obviously (e.g. a new car) and sometimes not (e.g. more restaurants or clubs).  Income increases are rarer and easier to see.   Either way, you can make that six months shorter or longer.  Six months is both feasible and capable of handling difficult emergencies.  Six years wouldn't be feasible.  One month wouldn't get you through a major emergency.   Examples of emergencies:   Your savings can be in any of multiple forms.  For example, someone was talking about buying real estate and renting it.  That's a form of savings, but it can be difficult to do withdrawals.  Stocks and bonds are better, but what if your emergency happens when the market is down?  Part of how emergency funds operate is that they are readily accessible.   Another issue is that a main goal of savings is to cover retirement.  So people put them in tax privileged retirement accounts.  The downside of that is that the money is not then available for emergencies without paying penalties.  You get benefits from retirement accounts but that's in exchange for limitations.   It's much easier to spend money than to save it.  There are many options and the world makes it easy to do.  Emergency funds make people really think about that portion of savings.  And thinking about saving before spending helps avoid situations where you shortchange savings.   Let's pretend that retirement accounts don't exist (perhaps they don't in your country).  Your savings is some mix of stocks and bonds.  You have a mortgaged house.  You've budgeted enough into stocks and bonds to cover retirement.  Now you have a major emergency.   As I understand your proposal, you would then take that money out of the stocks and bonds for retirement.  But then you no longer have enough for retirement.  Going forward, you will have to scrimp to get back on track.   An emergency fund says that you should do that scrimping early.  Because if you're used to spending any level of money, cutting that is painful.  But if you've only ever spent a certain level, not increasing it is much easier.  The longer you delay optional expenses, the less important they seem.   Scrimping beforehand also helps avoid the situation where the emergency happens at the end of your career.  It's one thing to scrimp for fifteen years at fifty.  What's your plan if you would have an emergency at sixty-five?  Or later?  Then you're reducing your living standard at retirement.   Now, maybe you save more than necessary.  It's not unknown.  But it's not typical either.  It is far more common to encounter someone who isn't saving enough than too much."}
{"_id": "406303", "title": "", "text": "London has done the world a service. Uber is nothing more than the biggest payday loan scam the world has ever seen. BUT, you borrow the money from your future self, and pay 25% of it to Uber.  Average net profit for an Uber driver is less than 7 cents a mile. That means having to drive 14 miles to make a whole dollar. Anything above this rate ignores the cost of gas, and the maintenance costs of operating a vehicle.  You're much better off selling shit to a pawn shop, if you are short of money this week."}
{"_id": "406310", "title": "", "text": "A Muslim perspective...  &gt;Shaikh Saadi says:  &gt;Translation: If rizq (sustenance) was dependant on intelligence, the stupid would die of hunger. But observations are this, that sometimes, nay moreso, the ignorant attain so much wealth that it astounds the intelligent. The pious are contented with this distribution. They say:  &gt;Translation: \u201cWe are contented with this distribution of the Jabbar (omnipotent), that for us there is knowledge and for the ignorant wealth. Wealth will soon diminish and knowledge remains and never vanishes. \u2013 Huquq wa Faraaidh, Page 749.  It is all by Divine Providence, there is no luck in it. From the Qur'an, this:  &gt;*Do they distribute the mercy of your Lord? It is We who have apportioned among them their livelihood in the life of this world and have raised some of them above others in degrees [of rank] that they may make use of one another for service. But the mercy of your Lord is better than whatever they accumulate.* \u2014Qur'an 43:32"}
{"_id": "406314", "title": "", "text": "Math time.  24 means 2 years out of college, or 6 years out of highschool, the latter being much more plausible given the poster's content quality.  $100k / 6 = $16.7k/year  16.7k / 52 weeks = $321/week  $321 / (11/hr * (1 - 15% taxes)) = 34 hours per week.  So he worked 34 hours per week, without fail, for 6 years, with NO expenses of any kind whatsoever.   OR, much more likely, he managed to save only $10k, not $100k in 6 years."}
{"_id": "406324", "title": "", "text": "Based on your comment that you do not itemize your deductions, I think that's probably the next step for you to consider. Many of the suggestions that we would give require that you itemize. If you are not familiar with the potential deductions it would probably be worth your while to visit with a local tax professional and discuss your expenses including what changes you could make to minimize your tax bill.  Ultimately becoming eligible for the 401(k) if possible will allow you access to the biggest avenue for reducing tax liability. It sounds like you are already prioritizing and saving for retirement through your IRA, but most earners in the 25% bracket can't put the recommended 15% into savings (with tax advantages) through an IRA."}
{"_id": "406325", "title": "", "text": "If your mortgage interest is tax-deductible, it's generally a bad idea to pay down the principal on the mortgage because you'd be losing the tax deduction. You could instead invest it in a tax-free municipal bond fund, especially if you're in a high tax bracket (including state and local marginal tax rates). For example, if you have a 5% rate mortgage on your home, you could invest in a 3.5% municipal bond and still come out ahead when you apply the tax deduction to your income at a 44% (33% federal + 7% state + 4% city in NYC) marginal tax rate."}
{"_id": "406340", "title": "", "text": "\"Tough spot. I'm guessing the credit cards are a personal line of credit in their name and not the company's (the fact that the business can be liquidated separately from your parents means they did at least set up an LLC or similar business entity). Using personal debt to save a company that could have just been dissolved at little cost to their personal credit and finances was, indeed, a very bad move. The best possible end to this scenario for you and your parents would be if your parents could get the debt transferred to the LLC before dissolving it. At this point, with the company in such a long-standing negative situation, I would doubt that any creditor would give the business a loan (which was probably why your parents threw their own good money after bad with personal CCs). They might, in the right circumstances, be able to convince a judge to effectively transfer the debt to the corporate entity before liquidating it. That puts the debt where it should have been in the first place, and the CC companies will have to get in line. That means, in turn, that the card issuers will fight any such motion or decision tooth and nail, as long as there's any other option that gives them more hope of recovering their money. Your parents' only prayer for this to happen is if the CCs were used for the sole purpose of business expenses. If they were living off the CCs as well as using them to pay business debts, a judge, best-case, would only relieve the debts directly related to keeping the business afloat, and they'd be on the hook for what they had been living on. Bankruptcy is definitely an option. They will \"\"re-affirm\"\" their commitment to paying the mortgage and any other debts they can, and under a Chapter 13 the judge will then remand negotiations over what total portion of each card's balance is paid, over what time, and at what rate, to a mediator. Chapter 13 bankruptcy is the less damaging form to your parent's credit; they are at least attempting to make good on the debt.  A Chapter 7 would wipe it away completely, but your parents would have to prove that they cannot pay the debt, by any means, and have no hope of ever paying the debt by any means. If they have any retirement savings, anything in their name for grandchildren's college funds, etc, the judge and CC issuers will point to it like a bird dog. Apart from that, their house is safe due to Florida's \"\"homestead\"\" laws, but furniture, appliances, clothing, jewelry, cars and other vehicles, pretty much anything of value that your parents cannot defend as being necessary for life, health, or the performance of whatever jobs they end up taking to dig themselves out of this, are all subject to seizure and auction. They may end up just selling the house anyway because it's too big for what they have left (or will ever have again). I do not, under any circumstance, recommend you putting your own finances at risk in this. You may gift money to help, or provide them a place to live while they get back on their feet, but do not \"\"give till it hurts\"\" for this. It sounds heartless, but if you remove your safety net to save your parents, then what happens if you need it? Your parents aren't going to be able to bail you out, and as a contractor, if you're effectively \"\"doing business as\"\" Reverend Gonzo Contracting, you don't have the debt shield your parents had. It looks like housing's faltering again due to the news that the Fed's going to start backing off; you could need that money to weather a \"\"double-dip\"\" in the housing sector over the next few months, and you may need it soon.\""}
{"_id": "406346", "title": "", "text": "&gt; whiny  lol, I'd love to point out the irony of your comment right here.  You're a real gem.  If you'd like to not get downvoted, maybe you'd like to start contributing.  It's fun, you should try it sometime."}
{"_id": "406372", "title": "", "text": "Sooner or later though, don't you think Janet Yellen will decide to raise the rates? I think its becoming a bit too ridiculous at this stage.   If we keep the rates as low as they currently are, don't you think we're putting ourselves at risk for another recession, assuming that a large proportion of home buyers today are buying with mortgages (not paying full amounts), and using borrowed money? After all, folks who use borrowed money to put down a mortgage are very likely to default."}
{"_id": "406377", "title": "", "text": "I know I came a little late to this discussion but let me give you my opinion. I think that purchasing the BMW is a terrible investment for obvious reasons. Once you drive the car off the dealer's lot the car loses anywhere from 5-10k in value immediately. Its a terrible investment and something that you will regret in the future. However, whether you buy it now or you hold off we all know you are eventually still going to get it. I graduated college and was in a similar situation as the one you are now. I started making 60k after college and leased a brand new BMW. Like I said it was a terrible investment, but I do not regret it for one day. Ive had so much fun in that car that I can't even begin to explain. We only live once and you don't want to be one of those guys that looks back and says I should've this I should've that, JUST DO IT. We all know it won't be possible when you have a wife and kids so just splurge now and be responsible later LOL."}
{"_id": "406378", "title": "", "text": "Hi guys,  This is an app I've been working on over the summer. It's my belief that a lot of people want to learn about the stock market but in the end can't because they're turned off by long walls of text you get when you Google about them/read a textbook.   I know there are other simplified solutions out there but they're not widely adopted yet and I don't think there are any (?) that were made app first.  Anyway, check it out if you can. Appreciate all feedback/comments."}
{"_id": "406381", "title": "", "text": "I've heard many times that large corporations have their accounting departments do all sorts of crazy things to get their tax rate drastically lowered. I'm no accountant, and this is not something I have done a ton of research into, but I did find [this paper](http://www.ctj.org/corporatetaxdodgers/sorrystateofcorptaxes.php#Executive Summary) that states that between 2008 and 2012 the 288 Fortune 500 companies the study looked at only paid an effective tax rate of 19.4%.   Note that the 288 companies selected were selected because of their consistent profitability over that time period.  I am open to the possibility of this study being flawed, but I didn't see anything that jumped out at me."}
{"_id": "406387", "title": "", "text": "Are you still here? Fuck off. What you just said is more of your stupid bullshit. Go away.  FYI: Not having a religion, is a religion. You can still be (and are) an intolerant, ignorant moron who is incapable of rational thought. Everything you said yesterday was wrong, and everything you say today will be wrong as well. Bring your trash somewhere else, you dumb, ignorant fuck."}
{"_id": "406390", "title": "", "text": "That's true for the tax return.  The T1135 has some late penalties.  These only apply if you had to file one, some/most people don't. http://www.cra-arc.gc.ca/tx/nnrsdnts/cmmn/frgn/pnlts_grd-eng.html"}
{"_id": "406401", "title": "", "text": "\"This. I see this problem all the time at work (big company). We don't use internal billing, so development is essentially seen as zero cost (already paid for, right?) so the result is... development can provide infinite resources!   We get asked to do way too much, in too little time, for the amount of people we have. Obviously more often than not, nobody is happy with results.  We've been trying to implement internal billing in my department but higher ups don't see it, they just want to continue with a \"\"proper management\"\" philosophy with no tools to quantify it -- which has not been working.\""}
{"_id": "406403", "title": "", "text": "Google doesn't make money from their browser, they make money from searches, advertising, and their ability to catalogue data. As long as Firefox is open, it's in Google's interest to have it around, even if it costs them a small amount. Better Chrome + Firefox than a market dominated by Microsoft or Apple or Facebook versus Chrome alone. At least for now."}
{"_id": "406409", "title": "", "text": "\"The definition I use for financial independence is 99% confidence that, at a specific estimated spending rate per year (allowing for estimated inflation, and budgeting for likely medical emergencies, and taxes on taxable investments), the money will outlast me. This translates to needing an average annual return on investment which covers the average yearly spending. For my purposes, that works out to my relying on being able to draw only a 4% income from the money each year, which should give me good odds of the money not just being sufficient but being able to deliver that rate \"\"forever\"\". (Historically, average US stock market rate if return is around 8%.) That is overkill, if course, I could plan on the money just barely lasting past my 120th birthday or something of that sort, but the goal us to be pretty sure not only that I won't run out but that I will have some cash unexpected needs. Which in turn means that I estimate I need investments 1/.04 times the yearly spending estimate to declare the \"\"forever\"\" independence/retirement, or 25x the yearly. From that, I can calculate how much longer, at a given savings rate and rate of return, it'll take for me to reach that target.  Obviously you need to adjust all these numbers to reflect your opinions/understanding if the market, your own needs, your priorities and expected maximum age, and the phase of Saturn's moons. But that's the basic rationale. Or you can pay a financial planner to give you this number, and a strategy for getting there, based on the numbers you give him or her plus some statistical analysis of the market's overall history.\""}
{"_id": "406411", "title": "", "text": "Make the memorable party or events with our great escapist team. It is a one the most happiness events and it can also good adventure for you in Broward County escape rooms, here you can get full relax with our activity.  The Escape Rooms South Florida is an amusement place in USA, we have a great escapist team that support in your entertainment or in special girls night out Fort Lauderdale. Basically, you have reached the right place to get the full fun and meet new people here.  We have a good expert team of escape rooms that always help in getting the entertainment to play."}
{"_id": "406418", "title": "", "text": "\"The piece is a little misguided at best and poor journalism at worst. The problem lies in the difference between what's deductible for individuals and what's deductible for corporations. The short version of the story is that corporations can deduct a hell of a lot more things than individuals can. Individual deductions are spelled out in the Internal Revenue Code. Stuff like medical expenses (above 7.5% of your AGI), certain educational things, etc.  For corporations, the basic rule is that they can deduct any \"\"ordinary and necessary\"\" business expenses. That includes operating, travel, interest, employee, etc.  I wish that the article had cited specific sections of the Code if this was some kind of loophole or something, but alas, it appears that they didn't. That leads me to believe that these companies are deducting the portion not paid to the government as a business expense.   ~~For what it's worth, I don't believe that a company can deduct those expenses for tax purposes unless it's to \"\"protect their business interests.\"\" My assumption (I don't have the time or desire to search case law right now) is that settlements with the US Government are considered to fall under that definition.~~  **EDIT** - See my comment [here](http://www.reddit.com/r/business/comments/11dbzu/federal_regulators_have_lauded_a_series_of/c6ll7ez) for the relevant Treasury Regulation dealing with this.\""}
{"_id": "406419", "title": "", "text": "\"708M loss narrowed from 991M loss last quarter, still growing at almost 20% over last quarter which is pretty ridiculous.  Obviously this is a private company giving a glimpse into their \"\"best\"\" metrics though, so you've got to be careful there.\""}
{"_id": "406420", "title": "", "text": "\"It should. It is a very nasty feedback loop. There is no ownership\u200b of the reviews. If you bring something back in store you have to have guys to prove that it was wrong. On eBay, you can just bitch and get it \"\"corrected\"\".\""}
{"_id": "406434", "title": "", "text": "To round out something that @Chris W. Rea pointed out, the business that a REIT is in will be either A) Equity REIT... property management, B) mortgage REIT... lending, or C) hybrid REIT (both).  A very key point about why REITs broadly have been struggling lately, (and this would show up in the REIT indices/ETFs you've linked to,) is linked to the REIT business models.  For an Equity REIT, they borrow money at the going rate (let's say ~4.5% for commercial-scale loans), and use that to take out mortgages on physical properties. If a property rents for $15K per month, and they can take out a $1.8 million loan at $9,000 per month, then their business is around managing maintenance, operating expenses, and taxes on that $6,000 per month margin. For a mortgage REIT, they borrow funds as a highly qualified borrower, (again let's say ~4.5%), and lend those funds back out at a higher rate. The basic concept is that if you borrow $10 million at 4.5% for 30 years, you need to pay it back at $50,668 per month. If you can lend it out reliably at 5%, you collect $53,682 per month... a handy $3,000 per month. The cheaper you can get money at (below 4.5%) and the higher you can lend it at (above 5%), the better your margin is.  The worry is that both REIT business models are very highly dependent on the cost of borrowing money. With the US Fed changing its bond-buying/QE/stimulus activity, the prevailing interest rates are likely to go up. While this has its benefits (inflation), it also will make it more expensive for these types of companies to do business."}
{"_id": "406457", "title": "", "text": "I have a free account on http://optionshouse.com/ that allows me to invest fake money into different stocks and test their tracking software. It is free and easy to do, just create an account there and they give you $4000 (fake) to invest in the stock market. They do this so that you can test their tracking and other assorted tools, in hopes that you'll choose to invest your real hard earned money with them."}
{"_id": "406461", "title": "", "text": "that is because there is not a pure news site and communication site that I can turn to.  If Steam has taught me nothing else, it's that when technology gives people easy, pure, direct connections to what they want when they want it, without bullshit, they will prefer it over all alternatives.   I would not be here, I would be at the better interface, the one that I say needs to be built"}
{"_id": "406472", "title": "", "text": "\"Good, though I don't expect the Republican Congress to let this get implemented. Mandatory arbitration and \"\"tort reform\"\" are basically just ways for companies to legal-Houdini their way out of taking responsibility for their actions. The fact that the self-declared \"\"party of personal responsibility\"\" supports things like that is the height of hypocrisy.  Class-action lawsuits are not without problems. The people who were wronged often recover only a small portion of the damages they deserve, but when the government abdicates its responsibility to enforce the law, class-action lawsuits are often the only way to hold companies accountable for their misdeeds.\""}
{"_id": "406477", "title": "", "text": "Article marketing is, surprisingly, one of the most effective SEO techniques available for enhancing your search ranking and building a good customer base. Do not avoid article marketing as a business tactic. Study the information that follows, and put it to work for your enterprise today."}
{"_id": "406481", "title": "", "text": "Exec Insiders have to file with the SEC and some sites like secform4.com track it. But many insiders have selling programs where the sell the same amount every month or quarter so you would have to do your homework to determine if there are real signals in the activity."}
{"_id": "406490", "title": "", "text": "The article said it was [gross income, not net income](http://smallbusiness.chron.com/gross-profit-vs-net-profit-4024.html), so her take-home pay was most likely much, much less. A plant nursery business probably doesn't have a big profit margin, especially considering that virtually every big construction retailer (Lowe's, Home Depot, etc) have their own nursery sections."}
{"_id": "406496", "title": "", "text": "Former Boeing manufacturing / industrial engineer here.  I worked in the Seattle metro area, mostly on widebody aircraft assembly.  absoluteskeptic raises an excellent point.  Trade offsets are a major driver for commercial aviation sales.  It's pretty simple; if you want to sell into Japan or China or a lot of other markets, you have to bring aircraft work into the country. Of course you used to be able to just have fabrication work done, but nowadays the capabilities are more sophisticated and the ante is constantly being raised.  In that sort of environment it's not surprising that sr. management felt a lot of pressure to go in the direction of more outsourcing, with bigger and bigger chunks of the airplane involved.  That being said, it wasn't hard to see these types of problems coming.  Especially when attempting to bring in major new technology (e.g. major structural elements made from composite).  Boeing never seemed particularly strong at risk mitigation."}
{"_id": "406499", "title": "", "text": "Let us look at some real life scenarios where we use batteries. In the energy field, you might be having an off-grid system, and you require several batteries to power it up constantly. An energy off grid system requires some batteries to run, but when most batteries start losing their power, thinking about the cost of replacing the number of batteries can make you brain dead.\u00a0 https://howtoreconditionoldbatteries.com/ez-battery-reconditioning-review/"}
{"_id": "406501", "title": "", "text": "\"Headline is false.  The gas came from a cracked pipe; it did not permeate all the way up through the bedrock from the gas resevoir.  Edit: Okay, I misread that.  Let me try again.  Methane leaked into the watertable in Dimock, Pennsylvania.  That is known to be the result of a cracked pipe.  So in that case, neither gas nor fracking fluid \"\"permeated through bedrock\"\" into the water table.  Now, they found methane leaked into the watertable in Pavillion, Wyoming.  THE CAUSE OF THIS IS UNKNOWN.  HOWEVER, THERE IS NO EVIDENCE THAT THE GAS \"\"PERMEATED THROUGH BEDROCK\"\" INTO THE WATER TABLE.  So, again, the headline is misleading.  A fracking operator may have improperly contaminated the water table, but this is far different from the fracking process itself contaminating the water table.\""}
{"_id": "406511", "title": "", "text": "\"This isn't new. Even before silver hit $50 in 1980, silver coins were worth 3-4X face value for 'junk' silver.  There were people writing articles on how one could sell their house and specify a lower price, but paid in silver coins. Since silver coins have a face value, it was suggested that this was a legitimate process.  These people also suggested that if you paid your tax bill in silver coins, the IRS won't credit you for for than face value, ergo, the deal was legit.  As littleadv responded, it's barter. And barter is taxable. And once again, \"\"if it quacks like a duck....\"\"\""}
{"_id": "406542", "title": "", "text": "On a company level ROCE over WACC would be more meaningful in my view but the end result should be be pretty much the same. This concept is closely related to value creation. Value can only be created when a company's ROCE is exceeding its cost of funding - WACC. This is also tightly related with the NPV concept. Value is only created when the NPV on a project is &gt;0.  And to directly answer OP. Study in detail WACC. (weighted average cost of capital). Focus on the Modigliani\u2013Miller theorem with taxes and financial distress costs. Good luck."}
{"_id": "406561", "title": "", "text": "\"The limit on SEP IRA is 25%, not 20%.  If you're self-employed (filing on Schedule C), then it's taken on net earning, which in your example would be 25% of $90,000. (https://www.irs.gov/retirement-plans/retirement-plans-for-self-employed-people) JoeTaxpayer is correct as regards the 401(k) limits.  The elective deferrals are per person - That's a cap in sum across multiple plans and across both traditional and Roth if you have those.  In general, it's actually across other retirement plan types too - See below. If you're self-employed and set-up a 401(k) for your own business, the elective deferral is still aggregated with any other 401(k) plans in which you participate that year, but you can still make the employer contribution on your own plan. This IRS page is current a pretty good one on this topic:  https://www.irs.gov/retirement-plans/one-participant-401k-plans Key quotes that are relevant: The business owner wears two hats in a 401(k) plan: employee and employer. Contributions can be made to the plan in both capacities. The owner can contribute both: \u2022Elective deferrals up to 100% of compensation (\u201cearned income\u201d in the case of a self-employed individual) up to the annual contribution limit:  \u25e6$18,000 in 2015 and 2016, or $24,000 in 2015 and 2016 if age 50 or over; plus \u2022Employer nonelective contributions up to:  \u25e625% of compensation as defined by the plan, or \u25e6for self-employed individuals, see discussion below It continues with this example: The amount you can defer (including pre-tax and Roth contributions) to all your plans (not including 457(b) plans) is $18,000 in 2015 and 2016. Although a plan's terms may place lower limits on contributions, the total amount allowed under the tax law doesn\u2019t depend on how many plans you belong to or who sponsors those plans. EXAMPLE Ben, age 51, earned $50,000 in W-2 wages from his S Corporation in 2015. He deferred $18,000 in regular elective deferrals plus $6,000 in catch-up contributions to the 401(k) plan. His business contributed 25% of his compensation to the plan, $12,500. Total contributions to the plan for 2015 were $36,500. This is the maximum that can be contributed to the plan for Ben for 2015. A business owner who is also employed by a second company and participating in its 401(k) plan should bear in mind that his limits on elective deferrals are by person, not by plan. He must consider the limit for all elective deferrals he makes during a year. Notice in the example that Ben contributed more that than his elective limit in total (his was $24,000 in the example because he was old enough for the $6,000 catch-up in addition to the $18,000 that applies to everyone else).  He did this by declaring an employer contribution of $12,500, which was limited by his compensation but not by any of his elective contributions. Beyond the 401(k), keep in mind that elective contributions are capped across different types of retirement plans as well, so if you have a SEP IRA and a solo 401(k), your total contributions across those plans are also capped.  That's also mentioned in the example. Now to the extent that you're considering different types of plans, that's a whole question in itself - One that might be worth consulting a dedicated tax advisor.  A few things to consider (not extensive list): As for payroll / self-employment tax: Looks like you will end up paying Medicare, including the new \"\"Additional Medicare\"\" tax that came with the ACA, but not SS: If you have wages, as well as self-employment   earnings, the tax on your wages is paid first.   But this rule only applies if your total earnings   are more than $118,500. For example, if you   will have $30,000 in wages and $40,000 in selfemployment   income in 2016, you will pay the   appropriate Social Security taxes on both your   wages and business earnings. In 2016, however,   if your wages are $78,000, and you have $40,700   in net earnings from a business, you don\u2019t pay   dual Social Security taxes on earnings more   than $118,500. Your employer will withhold   7.65 percent in Social Security and Medicare   taxes on your $78,000 in earnings. You must   pay 15.3 percent in Social Security and Medicare   taxes on your first $40,500 in self-employment   earnings and 2.9 percent in Medicare tax on the   remaining $200 in net earnings. https://www.ssa.gov/pubs/EN-05-10022.pdf Other good IRS resources:\""}
{"_id": "406571", "title": "", "text": "Google is about to get a kick in the ass. They're trying to compete against a company that fought with many industries on price and yet still won. This is a last effort from traditional retailer to save their business. Google hasn't really done anything great in the past few years, just relying on their ad revenue too much."}
{"_id": "406579", "title": "", "text": "Authors shgcounselling Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy.           4 Votes  Tags: Counselling \u00b7 Group \u00b7 News \u00b7 Springhill \u00b7 Springhill Counselling \u00b7 Springhill Group \u00b7 Springhill Group Counselling"}
{"_id": "406585", "title": "", "text": "The $47.67 per share figure is the trading price, or fair market value, of the OLD Johnson Controls, and should not be used to figure your gain nor to figure your basis in the new Johnson Controls International. Your new basis is the total of the gross proceeds received; that is, the cash  plus the fair market value of the new shares, which was $45.69 per share. (I am not referring to cash-in-lieu for fractional shares, but the $5.7293 per share received upon the merger.) A person holding 100 shares of the old Johnson Controls would have received $572.93, plus 83.57 shares of the new company.  Ignoring the fractional share, for simplicity's sake, gross proceeds would equal 83 x $45.69 = $3792.72  in fair market value of shares, plus the cash of $572.93, for a total of $4365.20. This is your basis in the 83 new shares. Regarding the fractional share, since new basis is at fair market value, there should be no gain or loss recognized upon its sale."}
{"_id": "406617", "title": "", "text": "It is my perspective that white-majority nations seem to be 'nicer' than black-majority nations.  But it isn't sufficient information to conclude that either:  * Races are distinct and important  or   * Racial traits are reason that the 'niceness' of nations divide along racial lines.  Your evidence cannot prove that one race is better at anything, it's just confirmation bias.  Edit: just to be clear, it's a 'yes' answer."}
{"_id": "406623", "title": "", "text": "Here's an answer copied from  https://www.quora.com/Why-is-the-second-quarter-of-estimated-quarterly-taxes-only-two-months Estimated taxes used to be paid based on a calendar quarter, but in   the 60's the Oct due date was moved back to Sept to pull the third   quarter cash receipts into the previous federal budget year which   begins on Oct 1 every year, allowing the federal government to begin   the year with a current influx of cash. That left an extra month that   had to be accounted for in the schedule somewhere.  Since individuals   and most businesses report taxes on a calendar year, the fourth   quarter needed to continue to end on Dec 31 which meant the Jan 15 due   date could not be changed, that left April and July 15 dues dates that   could change.  April 15 was already widely known as the tax deadline,   so the logical choice was the second quarter which had its due date   changed from July 15 to June 15."}
{"_id": "406629", "title": "", "text": "An interior designer will help you into a design that suits the needs of your space. You need help creating a functional space plan, bungalow design, designing the new and old home, office and factory. We provide the innovative service in Malaysia.Many homeowners want to interior design company for space planning. Sometimes that means he or she will have to recruit help from other home professionals to help create the perfect look for your renovation."}
{"_id": "406656", "title": "", "text": "\"My late answer is: Be aware of the difference of being a contractor and being an employee.  I am not sure of the laws in Canada, but in the United States lots of small companies like to hire people as \"\"contractors\"\" but make them work under rules that fall into employee.   The business is trying to avoid paying payroll taxes, which is fine, but make sure you know your rights and responsibilities as a contractor vs employee. You can check with your state's Bureau of Labor and Industry in the US, but I am sure wherever you are from there is a government agency to do the same thing.\""}
{"_id": "406664", "title": "", "text": "They probably see this as a way to increase revenue in the short run to offset tax breaks for companies and wealthy individuals.  Among the major power brokers calling the shots in American politics these days, the ordinary lower or middle class American is nothing but a pawn with no value at all except on election days."}
{"_id": "406707", "title": "", "text": "For this reason, whilst preparing to hire an consultant to preserve and assist your application and additives it's far crucial to realize the one of a kind industry certification and in reality confirm that the computer professional has them. You can approach the essential corporation that is committed to provide tremendous Business Network Support in Oklahoma. Their professionals are properly skilled and certified professionals. If you're inclined to hire certified specialists that could provide effective it maintenance services, then you are on the right place in your answer."}
{"_id": "406711", "title": "", "text": "No, SPDR ETFs are not a good fit for a novice investor with a low level of financial literacy.  In fact, there is no investment that is safe for an absolute beginner, not even a savings account.  (An absolute beginner could easily overdraw his savings account, leading to fees and collections.) I would say that an investment becomes a good fit for an investor as soon as said investor understands how the investment works.  A savings account at a bank or credit union is fairly easy to understand and is therefore a suitable place to hold money after a few hours to a day of research.  (Even after 0 hours of research, however, a savings account is still better than a sock drawer.) Money market accounts (through a bank), certificates of deposit (through a bank), and money market mutual funds (through a mutual fund provider) are probably the next easiest thing to understand.  This could take a few hours to a few weeks of research depending on the learner. Equities, corporate bonds, and government bonds are another step up in complexity, and could take weeks or months of schooling to understand well enough to try.  Equity or bond mutual funds -- or the ETF versions of those, which is what you asked about -- are another level after that. Also important to understand along the way are the financial institutions and market infrastructure that exist to provide these products:  banks, credit unions, public corporations, brokerages, stock exchanges, bond exchanges, mutual fund providers, ETF providers, etc."}
{"_id": "406723", "title": "", "text": "Do I get a write off for paying student loans? Maybe.  See https://www.irs.gov/publications/p970/ch04.html Generally, personal interest you pay, other than certain mortgage interest, isn't deductible on your tax return. However, if your modified adjusted gross income (MAGI) is less than $80,000 ($160,000 if filing a joint return) there is a special deduction allowed for paying interest on a student loan (also known as an education loan) used for higher education. For most taxpayers, MAGI is the adjusted gross income as figured on their federal income tax return before subtracting any deduction for student loan interest. This deduction can reduce the amount of your income subject to tax by up to $2,500.  Read the whole document to be sure, but that's the basics.   You'll have to fill out a 1040 or 1040A to claim a student loan deduction.  It won't be on the 1040EZ.  You do not have to itemize though.   What kinds of write-offs and credits are available for someone who is single and lives in an apartment with two roommates? As a practical matter, in 2016 you'll get the standard deduction for someone who is single ($6300) and the personal exemption ($4050).  It's extremely unlikely that you'll be able to deduct more by itemizing.  Most people who itemize are taking a mortgage interest deduction.  Major medical bills are another possibility, but they have to be more than 10% of your adjusted gross income (it's one of the lines on your tax return).  Assuming you rent and are reasonably healthy, you are unlikely to have enough to itemize.   The most likely additional deduction would be the one for an IRA (Individual Retirement Account).  Although you might be better off doing a Roth anyway (no tax deduction).   If you are self-employed or making more than $100,000 a year, there are additional issues.  But most people aren't.  If you filled out a W-4 and will get a W-2 back, you aren't self-employed.  Hopefully you have a rough idea of your annual income.   The first $9275 over your deductions will pay 10%.  After that, up to $37,650 you pay 15%.  The 2016 link above has a link (PDF) to the full table if you need more than that.  Note that that is the first $48,000 in income with your $10,350 in deductions."}
{"_id": "406724", "title": "", "text": "I miss the old true libertarian Reddit. I could always rely on Reddit being the first place to find news that wasn't being reported anywhere else.   When the various parties started trying to generate fake accounts to sway the conversation, Reddit lost it's authenticity. And I would never expect news to break here any more. Some mod would bury it."}
{"_id": "406743", "title": "", "text": "While Warren Buffett is an amazing investor, he does have the benefit of having his working career start around mid-WW2 and ride the baby boomer phenomena afterward.  While there were bear blips in the past decades, there never really was much of a bear market outside the 70s energy crisis and inflation of the early 80s that nevertheless still could be leveraged for gains unlike the Great Depression.  The question really is, will the next generation be so lucky?  Idk, could be but I'm a doubter.  He's right in his criticism (I wouldn't bet my retirment on Bitcoin) but the same critique could apply to the US dollar in parts (which admittedly has the fundamental strength as being accepted for US taxes, but as a consequence also severe drawback in being tied to the economic welfare and trust in the US Government).  In the end, bitcoin and Warren Buffett are at fundamental odds.  Bitcoins is for, among other niches, Currency and Market pessimists (around the world btw and not just US-centric) and Warren Buffet is a product of his time and generally an US-centered optimist."}
{"_id": "406752", "title": "", "text": "I'm very aware of what a non-profit is. I understand there is money to be made as an employee of a non-profit. What I would like to do is make money as the owner of the company. I would also like the possibility of stock options in the future. My partner's ideal path would be to establish a non-governmental organization and I see it as a loss of income opportunity. What I can tell you about this business is that it is a website. A social media platform. The possible revenue from ads would never happen for a NPO."}
{"_id": "406753", "title": "", "text": "I disagree. 100k in the bay area is a fair wage for a full time career, my household income is higher than that and i still am not comfortable. The OT and benefits could be looked at but really this guy seems to have accrued the majority of OT available, or at least that is what the articles lead me to believe. 20 dollars an hour is laughable, nearly criminal in fact. Am i supposed to laud a giant private corporations business practices? I'm not even sure you are correct there either. I am pretty sure facebook pays their support pretty well, but i could be wrong in this specific case.  Wages and COL are a problem in this area. The janitor should be the rule, not the exception. We should be working to get everyone a fair wage instead of tearing each other down.  What seems to happen is that instead of funding our vital infrastructure( bart and California's 60 billion dollar backlog in highway maintenance) we focus on op-eds that castigate an edge case janitor who happened to work the system."}
{"_id": "406768", "title": "", "text": "The point of buying an index fund is that you don't have to pick winners. As long as the winners are included in the index fund (which can include far more than 500 stocks), you benefit on average because of overall upward historical market performance. Picking only the top 50 capitalized stocks in the S&P 500 does not guarantee you will successfully track the S&P 500 index because the stocks in the tail can account for an outsized amount of overall growth; the top 50 stocks by market capitalization change over time, and these stocks are not necessarily the stocks that perform better.  As direct example, the 10 year average annual return for the S&P top 50 is 4.52%, while the 10 year average annual return for the S&P 500 is 5.10%. Issues of trading and balancing to maintain these aside, these indices are not the same."}
{"_id": "406781", "title": "", "text": "Because if there is enough uncertainty then dcf can give you wildly different numbers? The shortcomings of such a simplistic method of valuation should be obvious.   Also why does it matter that they don't run projections?"}
{"_id": "406789", "title": "", "text": "\"Littleadv is incorrect because receiving a 1099 means she will be taxed self-employment tax on top of federal income taxes. Your employer will automatically withhold 7.65% of payroll taxes as they pay you each paycheck and then they'll automatically pay the other half of your payroll tax (an additional 7.65%) to bring it to a total of 15.3%. In other words, because your wife is technically self employed, she will owe both sides of payroll tax which is 15.3% of $38k = $5,800 on TOP of your federal income tax (which is the only thing the W-4 is instructing them about what amount to withhold). The huge advantage to a 1099, however, is that she's essentially self-employed which means ALL of the things she needs to run her business are deductible expenses. This includes her car, computer, home office, supplies, sometimes phone, gas, maintenance, travel expenses, sometimes entertainment, etc - which can easily bring her \"\"income\"\" down from $38k to lets say $23k, reducing both her federal income tax AND self-employment tax to apply to $15k less (saving lets say 50% of $15k = $7.5k with federal and self employment because your income is so high). She is actually supposed to pay quarterly taxes to make up for all of this. The easy way to do this is each quarter plug YOUR total salary + bonus and the tax YOU have paid so far (check your paystubs) into TurboTax along with her income so far and all of her expenses. This will give you how much tax you can expect to have left to owe so far--this would be your first quarter. When you calculate your other quarters, do it the exact same way and just subtract what you've already paid so far that year from your total tax liability.\""}
{"_id": "406804", "title": "", "text": "Huh, well it's working for me. I've got 3 properties and am a little over 25% of my goal to never work again.  How would you suggest one get rich? I assume you have a better plan than he does?"}
{"_id": "406824", "title": "", "text": "\"Here's the rundown in quick form, with a link to their website. I sat down and felt like doing this, hopefully makes it easier for someone.  1. [Simple](https://www.simple.com/) - boasting the largest network of ATMs at 40,000. \"\"Simple (formerly called BankSimple) wants to merge all accounts into one and do away with fees by splitting the net interest between all of the banks involved.\"\"  2.  [Lytro](http://www.lytro.com/) - is the 'focus after the fact' camera, meaning you can adjust focus of the picture even after you take it.  3.   [Bettworks](http://www.betterworks.com/) - BetterWorks connects popular local service providers with great companies to afford you and your employees the best, pre-negotiated perks available in one cost.  4.   [Zaarly](http://www.zaarly.com/) - BI says it best, \"\"Zaarly is a local marketplace for real-time requests. Need chips at your party in five minutes? Find a neighbor on Zaarly who will do it now. Think Craigslist meets Twitter.\"\"  5.   [Turntable.fm](http://turntable.fm/) - Social Listening 6.   [Oink](http://www.oink.com/) - yelp for specific items on the menu. 7.   [General Assembly](http://generalassemb.ly/) - campus for technology, design, and entrepreneurship.  8.   [Giftly](http://www.giftly.com/) - gift cards for any business anywhere. 9.   [Get Around](http://www.getaround.com/) - car rental service for you and your neighbors. 10.  [Skill Share](http://www.skillshare.com/) - community marketplace to learn anything from anyone 11.  [Fab](http://www.fab.com/) - flash deal site for design and home decor. 12.  [Codecademy](http://www.codecademy.com/#!/exercises/0) - An online programming tutorial, looks like interactive learning of code, as someone scared of code this is pretty inviting and intriguing. 13.  [Sphero](http://www.gosphero.com/) - remote ball that you can control with your phone. 14.  [Goodsie](http://goodsie.com/) - ecommerce platform, quote from site \"\"Make a branded storefront without any of the traditional hassles of setting up shop online\"\". Is there room for another ecom platform? Maybe the simplicity will help. 15.  [Chloeandisabel.com](http://www.chloeandisabel.com/) - Jewelry startup. 16.  [Sojo](http://www.sojostudios.com/) - Social gaming built around  getting people to play online games that actually impact the real world. 17.  [Warby Parker](http://www.warbyparker.com/) - Warby Parker is a prescription glasses online discount retailer, who's going after Luxottica (mfg of majority of current glass brands) 18.  [We Work Labs](http://weworklabs.com/) - From their site \"\"In addition to offering entrepreneurs great space to build their own products, our overarching goal is to foster collaboration among intelligent, creative and driven individuals who may not have otherwise had the opportunity to connect\"\" 19.  [The Verge](http://www.theverge.com/) - new reporting blog on the tech industry. 20.  [Kogeto Dot](http://kogeto.com/dot.php) - lets iPhone users shoot 360 degree videos on their phones.\""}
{"_id": "406830", "title": "", "text": "How would they lose a bunch of business for doing the exact same thing their only competitor does? Is that a joke? And, as you said, it would have totally prevented this (and others from doing the same). What are you are saying makes little sense."}
{"_id": "406839", "title": "", "text": "\"Amazon has some major issues with growing out in Seattle, primarily infrastructure and geography. Seattle's infrastructure is stretched, leading to some hilarious activity - \"\"http://kuow.org/post/seattle-traffic-got-so-bad-guy-started-flying-work\"\". Also, Seattle is locked between the sea and the mountains, and with a limited supply of land, there isn't anywhere to build economically.  Vancouver suffers from all the same land and infrastructure issues Seattle does. So forget it.   Ontario has a few good things going for it: Healthcare, Immigration, Low corporate taxes, Education...   But there are also some elephants.   Ontario has some of the highest land costs in the world, longest commute times on the planet, and a government which will inevitably need to raise taxes.  If I had to bet, we'll probably see Amazon set up shop in a City with low land costs, ring roads, and a low debt government. A place with room to grow.   Raleigh/Durham Dallas-Fort Worth Denver Minneapolis Salt Lake City Cincinnati\""}
{"_id": "406846", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/06/09/ABBA-An-Agent-Based-Model-of-the-Banking-System-44916) reduced by 60%. (I'm a bot) ***** &gt; The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.  &gt; A thorough analysis of risks in the banking system requires incorporating banks&amp;#039; inherent heterogeneity and adaptive behavior in response to shocks and changes in business conditions and the regulatory environment.  &gt; ABBA is an agent-based model for analyzing risks in the banking system in which banks&amp;#039; business decisions drive the endogenous formation of interbank networks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gegcw/imfabba_an_agentbased_model_of_the_banking/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140832 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **banks**^#1 **IMF**^#2 **risk**^#3 **view**^#4 **author(s**^#5\""}
{"_id": "406848", "title": "", "text": "\"Have you heard of the trait \"\"agreeableness\"\"?  I'd bet you would rate extremely low on it.  It's okay, me too!  I get it, you want to zig when everyone else zags, but don't let that blind you to reality.  Musk isn't a failure and it's actually a little insane that you would hold that view.\""}
{"_id": "406853", "title": "", "text": "If you have no credit score it is generally far easier and more affordable to establish credit the cheapest way possible, which is usually in the form of a small credit card (student card if you are a student, low credit line unsecured, or even secured if you need). Your local bank/credit union will usually be keen to offer you something to start out, but you can also apply online to some of the major credit card vendors. As always, look out for annual fees, etc. In general, trying to get a larger loan to establish credit will cost you a lot as you will not qualify for any legitimate 0% or ultra-low APR car loans - those are reserved for people with established and generally pretty good credit. I expect you'll find a car loan that will have a lower APR than you could get investing your money otherwise - especially if you do not have established excellent credit - to simply be a phantom (you won't find it), and even if you could it is more risky than it is worth. Furthermore, if establishing credit is important to you (such as for buying a house down the road), you can build an excellent credit score without ever having a car loan. So you don't have to buy a car on borrowed money just to hope to get approved for a house some day - it's just not a requirement. Finally, I urge you to make a decision on the best car for you in your situation, ignoring the credit score - especially if you are more than 3-5+ years away from buying a house. Everything else about buying a car is more important - the actual cost of the car, year, mileage, suitability for your needs, gas mileage, maintenance and insurance costs, etc.  Then, at the very end of your decision making process, ensure that buying the car would not put you dangerously low on savings by squeezing your emergency fund. Decide if you really need a loan or as expensive of a car, considering the costs over the expected life of you owning the car (or at least the next 2-5 years). Never get trapped into just thinking about monthly payments, which hide the true cost of loans and buying beyond what you can afford to purchase today."}
{"_id": "406867", "title": "", "text": "The debt consolidation programs that are offered by leading companies prove a great option for small businesses to take care of all their previous obligations. The loans offered by such companies are not only suitable for reducing monthly payments but retain the cash flow your business needs to grow."}
{"_id": "406872", "title": "", "text": "\"I'm posting this because I think I can do a better job of explaining and detailing everything from start to stop. :) A \"\"broker\"\" is just someone who connect buyers and sellers - a middleman of sorts who is easy to deal with. There are many kinds of brokers; the ones you'll most commonly hear about these days are \"\"mortgage broker\"\" (for arranging home loans) and \"\"stockbroker\"\". The stockbroker helps you buy and sell stock. The stockbroker has a connection to one or more stock exchanges (e.g. Nasdaq, NYSE) and will submit your orders to them in order to fulfill it. This way Nasdaq and NYSE don't have to be in the business of managing millions of customer accounts (and submitting tax information about those accounts to the government and what-not) - they just manage relationships with brokerages, which is much easier for them. To invest in a stock, you will need to: In this day and age, most brokers that you care about will be easily accessed via the Internet, the applications will be available on the Internet, and the trading interface will be over the Internet. There may also be paper and/or telephone interfaces to the brokerage, but the Internet interface will work better. Be aware that post-IPO social media stock is risky; don't invest any money if you're not prepared for the possibility of losing every penny of it. Also, don't forget that a variety of alternative things exist that you can buy from a broker, such as an S&P 500 index fund or exchange-traded corporate bond fund; these will earn you some reward over time with significantly less risk. If you do not already have similar holdings through a retirement plan, you should consider purchasing some of these sooner or later.\""}
{"_id": "406875", "title": "", "text": "its not so much that NFIP is a problem, as it is that it subsidizes building there.  Without it, there would still be government bailouts/relief aid.  The problem with a privatized system instead of a fair assessed insurance price is the extra 20% tacked on to premiums to cover insurer profits.  Basically though, there has been some privatization of flood insurance in US areas, and premiums are skyrocketting.  Its politically difficult to raise these premiums, and all of the insurance companies believe in global warming/climate change.  Its easier to privatize and cause even higher premiums, than it is to vote for the one who will raise NFIP premiums."}
{"_id": "406876", "title": "", "text": "I can't agree more. If you have unique IP and know-how you can very well be a single successful proprietorship. That said you can even be more successful, if you can grow beyond that. The reality is that you have to be an exceptional salesperson, if you want to grow a pure commoditized services business. Otherwise you just keep on adding overhead and there is very little left over for you. Unless of course you make your money off the back of your employees."}
{"_id": "406878", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/shitliberalssay] [Neo-liberals don't start wars, apparently](https://np.reddit.com/r/ShitLiberalsSay/comments/6mds2g/neoliberals_dont_start_wars_apparently/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "406920", "title": "", "text": "Exchange-traded funds are bought and sold like stocks so you'd be able to place stop orders on them just like you could for individual stocks. For example, SPY would be the ticker for an S & P 500 ETF known as a SPDR. Open-end mutual funds don't have stop orders because of how the buying and selling is done which is on unknown prices and often in fractional shares. For example, the Vanguard 500 Index Investor shares(VFINX) would be an example of an S & P 500 tracker here."}
{"_id": "406926", "title": "", "text": "For safety. If something catastrophic happens to your bank and your money is in there you will lose any not covered by FDIC. So if you have a very large amount of money you will store it in bonds as its much less likely that the US treasury will go bankrupt than your bank. I also literally just posted this in another thread: Certain rules and regulations penalize companies or institutions for holding cash, so they are shifting to bonds and bills. Fidelity, for example, is completely converting its $100 billion dollar cash fund to short term bills. Its estimated that over $2 trillion that is now in cash may be converted to bills, and that will obviously put upward preasure on the price of them. The treasury is trying to issue more short term debt to balance out the demand. read more here: http://www.wsj.com/articles/money-funds-clamor-for-short-term-treasurys-1445300813"}
{"_id": "406938", "title": "", "text": "\"First challenge: Creating a system which can understand written English well enough to read the news. Nothing short of IBM's Watson has proven very good at extracting meaning from unstructured text. Second challenge: By the time it reaches \"\"the news\"\", the big actors already know and have responded. Third challenge: It's not uncommon for a stock to drop on good news, or rise on bad, because the price had previously adjusted to an expectation of even better/worse news and is now correcting itself. Basic principle: It it was simple and obvious, everyone would already be doing it.\""}
{"_id": "406945", "title": "", "text": "Mobile Phone Import Data is very essential, for people of all industries and it is more important for the importer and exporters. Seair Exim Solution, we offer to include with date, HS codes, description, countries, exporters, buyers in India, quantity and more."}
{"_id": "406958", "title": "", "text": "Isn't that the point though? Horses could do other horse jobs, they still do. They were, however, eliminated out of the workforce by something better.  Humans can continue to do other human jobs but like horses will be regulated to an area of where they are unnecessary even for those. Once firm AI comes in there won't be anything that humans can do better."}
{"_id": "406963", "title": "", "text": "&gt;we cannot sustain deficit spending forever. Our government has been spending money it doesn't have for decades.   Is the government, the issuer of the dollar, going to run out of dollars? *Can* it run out of dollars?  It certainly can run *into* inflation but that has an entirely different set of implications for how sustainability is defined."}
{"_id": "406965", "title": "", "text": "\"Dan's link (he deleted his answer, BTW) is fine, it showed the components of the score FICO offers.  Each input has data behind it, a bell curve of the behaviors and risk of the person behind it. For example, we've discussed utilization many time here. The ideal utilization is not 0%, but 1-19%. This does not mean paying interest, or carrying charges from month to month.  Say I had just one card with a $10K limit. I'd want to be sure I never ran a bill above $2000. If I did, I'd see a slight drop in my score, and next month, it would go back to normal. In my case, I have enough available credit that going over 20% is rare, and if it happened, I'd pay the bill down before the bill was issued, just make a mid-cycle payment.  FICO decided that those who go over 20% have a higher risk of default. And it gets higher as it goes up. Same with every aspect of the score's components.  You are comparing US to non US use. In the US, it seems far more common to use our cards. In my family's case, we use very little cash, and run most of our spending through our cards.  As far as The David is concerned, one should separate those who carry a balance from those who pay in full. The pay in full users are better off for their habits and responsible card use. In the US, it's not easy to rent a car or book a hotel with no card. Cards offer a cash rebate that adds up fast, and purchase protection from fraudulent vendors. They also offer extended warranty coverage.  The David, and others, claim that \"\"studies prove those using cards spend 10-15% more than cash buyers.\"\" This is a proven fact from scientific studies. Only they don't exist. The best I've seen proves that college kids given a $20 bill spend more carefully than those given a $20 credit card. This doesn't extrapolate to a family budget, and never will. But that quote has a way of being repeated as fact. Yes, it's non-sense, thank you for reading and quoting my blog, I recognize the quote.  The report also shows accounts that have gone to collection. An electric bill isn't a regularly reported item, it's assumed your lights are on. But if you stop paying the bill and they send your account to a collection agency, you'll see it hit your report.  In response to the comment below - Journal of Experimental Psychology: Applied article titled Monopoly Money: The Effect of Payment Coupling and Form on Spending Behavior runs 13 pages but on the first page offers \"\"Do consumers spend differently when using one payment mode relative to another mode? For example, do consumers spend more when they receive $50 in the form of a gift card than in the form of cash? If indeed they do, then why? This research addresses these issues.\"\"  $50? A $50 gift card is a nuisance, I try to use it up within hours of getting one. As I stated above, the behavior of a person with such a card doesn't scale to a many-thousand-per-month budget. Such articles, in my opinion, are nonsense, proving nothing.  Unfortunately, this is a bit of a tangent to the original question, and if I put up a stand-alone \"\"Is it a fact that people spend more if using a card than cash?\"\" the question would result in being closed as one that's seeking opinions, not facts.\""}
{"_id": "406974", "title": "", "text": "\"TLDR:  Why can't banks give me my money? We don't have your money. Who has my money? About half a dozen different people all over the world. And we need to coordinate with them and their banks to get you your money. I love how everyone seems to think that the securities industry has super powers.  Believe me, even with T+3, you won't believe how many trades fail to settle properly.  Yes, your trade is pretty simple. But Cash Equity trades in general can be very complicated (for the layman).  Your sell order will have been pushed onto an algorithmic platform, aggregated with other sell order, and crossed with internal buy orders. The surplus would then be split out by the algo to try and get the best price based on \"\"orders\"\" on the market.  Finally the \"\"fills\"\" are used in settlement, which could potentially have been filled in multiple trades against multiple counterparties. In order to guarantee that the money can be in your account, we need 3 days. Also remember, we aren't JUST looking at your transaction. Each bank is looking to square off all the different trades between all their counter parties over a single day. Thousands of transactions/fills may have to be processed just for a single name. Finally because, there a many many transactions that do not settle automatically, our settlements team needs to co-ordinate with the other bank to make sure that you get your money. Bear in mind, banks being banks, we are working with systems that are older than I am. *And all of the above is the \"\"simplest\"\" case, I haven't even factored in Dark Pools/Block trades, auctions, pre/post-market trading sessions, Foreign Exchange, Derivatives, KYC/AML.\""}
{"_id": "407017", "title": "", "text": "Getting the line of credit would likely be a bit easier than the loan but realistically the best option is getting a mortgage through an Indian bank.  With a long term mortgage your monthly payments would be a small portion of your income (maybe as low as $500) so currency fluctuations are likely to be minor blips that you can avoid by sending a few thousand to hold as a cushion for when exchange is unfavorable. Edit:  Please be advised that mortgages work differently throughout the world.  While 10% down may be standard in the US, in India 40-50% down seems to be the norm."}
{"_id": "407024", "title": "", "text": "The typical pension is worth about 8-10% of income. My source is that when my company eliminated the traditional pension and flipped to a cash value account, the deposit to the cash value was 8% of gross income each year. Obviously, the terms of each plan will vary, this is a swag more than a valid fact that applies to all."}
{"_id": "407040", "title": "", "text": "Yes. I have personally signed such contracts (fixed budget software development) and lost money every single time. And yes, it is quite possible for you to get paid under minimum wage if you take too long. Scope creep is the primary culprit for these kinds of contracts, so make sure you put together iron-clad explanations of what is and is not covered by the contract (and pad the asking price for good measure)."}
{"_id": "407042", "title": "", "text": "I think the control freak stems from the fact he was kicked out of Tribe.net, a social networking site he founded in 2003, by the VC investors. He initially bootstrapped Zynga (with money from the 3 previous companies he founded) so he could maintain control after taking VC money.   A special class of stock for the founder(s) in the tech world is not without precedent. Google is structured the same way."}
{"_id": "407043", "title": "", "text": "I know folks who considered retiring to another country. Their conclusion was that while base cost of living was lower, the cost of the things that they enjoy doing -- not to mention the cost of spending time with friends they didn't want to give up -- would be sufficiently higher to erase most of the advantages. Those of us who grew up in or close to cities feel much the same way about moving out to less-populated and less-expensive parts of our own country.  Basically, when cost of living is high it tends to be because there are more people who want to live there and are competing for resources (and driving prices up). Low cost of living is generally tied to less-desired locations, for the same reasons. IF you can find a location that appeals to you, and if you can get the resources there which your preferred lifestyle requires, this may make sense. For a while there were a number of professional writers moving from the US to Ireland, in part because the Irish tax structure heavily favored writers and other creative artists. (Katherine Kurtz spent several years living in a renovated Irish castle.) I'm not sure how many have stayed there after the novelty wore off."}
{"_id": "407053", "title": "", "text": "**Complete protein**  A complete protein (or whole protein) is a source of protein that contains an adequate proportion of all nine of the essential amino acids necessary for the dietary needs of humans or other animals.  According to the Food and Nutrition Board of the The National Academy of Medicine (NAM), formerly called the Institute of Medicine (IoM), complete proteins are supplied by meat, poultry, fish, eggs, milk, cheese, yogurt, quinoa, or soybean. Since the amino acid profile of protein in plant food may, except for few cases, be deficient in one or more of the following types, plant proteins are said to be incomplete. Vegetarian meals may supply complete protein by the practice of protein combining which raises the amino acid profile through plant variety.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "407067", "title": "", "text": "The point I'm making is decidedly apolitical:  Barney Frank (liberal Democrat) was on the same side of the legislation that Hank Paulson (Republican Treasury Secretary).    It's a functional issue/problem of how to keep a banking system from collapsing and support it in the most cost effective manner possible, given the constraints and economy that was spiraling into the abyss.  It really has very little to do with politics and is a basic issue of systemic confidence.  The bond market and financial actors are signaling that no one has any confidence that Bank of America will be around in 48 hrs, that they will implode like Lehman Brothers.   How does the US Government react to that in the most appropriate manner?"}
{"_id": "407102", "title": "", "text": "London Black Cabs are acknowledged globally as the best on earth.  Other than the huge cost, I have always had a very positive experience in them.  So you are correct, it is not in every city on earth.      I have been to 40% of countries in the world, and travel extensively for business and vacations.  Taxis are almost universally awful.  I have had negative experiences on every continent.      As a man, I have felt threatened on occasions and realized that no one knows I am in this taxi, I can only imagine what women go through.      I am no fan of how Uber is run, but the concept is here to stay.  Taxis will never be able to compete with the traceability and accountability.  Whether it is Uber or a competitor, that is what the world will use.      The hijacked the term ride sharing, however the generally accepted definition today is an Uber type service.      Typically the only people who defend taxis, either very rarely take them, or are drivers themselves."}
{"_id": "407120", "title": "", "text": "In the US ...  In Europe we act as if workers are people not a commodity to be prices as low as possible. We remember one of the reasons states exist is to promote the welfare of its citizens. Which implies good medical care, plentiful paid vacation, maternity leave, etc.  Humans are not there to serve Capitalism, but the other way around.  The US definitely forgot this."}
{"_id": "407124", "title": "", "text": "indianartvilla, copper, party, events, wedding, restaurant, kitchen, chef, hotel, birthday, weddinghall, copperpots, copperpot, pot, quality, stainless, saute, casserole, fryingpan, copper bottle, copper mugs, copper jug, copper utensil, copper utensils, copper muscow beer mugs#indianartvilla #copper #restaurant #kitchen  #copperpots #copperpot #pot #casserole #fryingpan #copperbottle #coppermugs #copperjug #copperutensil #copperutensils #coppermuscowbeermugs"}
{"_id": "407135", "title": "", "text": "&gt; Are you fucking stupid or just retarded?  no. but you are.  US debt to GDP is now where the PIIGS were when they exploded.  https://fred.stlouisfed.org/series/GFDEGDQ188S  Yes. the war spending was a killer. (try to guess what Obama did with that war spending. Are you trying to say something?)  Just in case you miss military spending under Obama.  http://www.westernjournalism.com/no-the-military-has-not-withered-away-under-obama/  https://rogueoperator.wordpress.com/2011/10/21/obama-beats-bush-in-military-and-war-spending/"}
{"_id": "407144", "title": "", "text": "Since the POS machines are tied into the register it would be rather difficult to overcharge with an attentive patron.  They would have to add an additional item onto the purchase in order to increase the total before running the card (very few system allow cashback to be requested from the teller side), and most machines have audible cues every time an item is added.  If you are paying attention to the teller and not talking/playing on your phone (or other distracting things) then I would say the feasibility is probably very low. Except for rare exceptions while traveling I only shop at locations where I can see the total on the register, and make sure it looks correct before handing my card over."}
{"_id": "407145", "title": "", "text": "\"In my experience, Shiller is always way before his time with his predictions and often it comes at too early a point for anyone actually making some money to care about. His view is very long term - and I trust his predictions, because he so accurately predicted so many of the homepocalypse, and the measures that would follow. He even predicted that there would be bailouts in his book \"\"Irrational Exuberance\"\".  His opinons were poo-poo'd as doom and gloom and manipulative until every piece started falling apart in the specific order of events (give or take) that they did.  I personally think people like Dr. Shiller make bold predictions that are hard to swallow. The derivatives market is a bit skittish about rolling into bull territory with any kind of housing index, but Warren Buffet's old adage to \"\"buy when everyone is selling and sell when everyone is buying.\"\" (paraphrase). I see this as a good long-term investment because I trust Shiller's judgement, he stuck to his guns when the doubts were lobbed at him incessantly  (and Krugman, et. al. to some extent), and he turned out to be more than vindicated.  To me, these kinds of sources are usually pretty sound. The man knows what he's talking about, and I wouldn't mind picking up a piece of that action, especially if the market just doesn't trust any real estate investments. It's pretty easy to realize that right now housing will be undervalued and now that mortgage applications are (supposedly) stricter, I think there's a good argument to be made that this economist should continue to exceed expectations.\""}
{"_id": "407167", "title": "", "text": "Or they will get a bunch of users and then increase the prices to something more like 25 a month or so zbank on a lot of people still thinking its a good deal, forgetting about it and not using it a ton, making deal with the movie theaters for increases in concessions sales or anything similar to any of that."}
{"_id": "407185", "title": "", "text": "\"Mutual funds don't pay taxes themselves, they distribute any dividends or capital gains to the shareholders. Thus, if you hold a mutual fund in a tax-advantaged account like a 401k or IRA then the distribution isn't a taxable event while in a regular taxable account you would have to pay taxes on the distributions. From Forbes: There can be foreign companies on US stock exchanges that would still work the same way. Unilever for example is an Anglo-Dutch multinational listed on the NYSE as \"\"UN.\"\"\""}
{"_id": "407218", "title": "", "text": "\"Lots of good answers here about budgeting and other ideas.  Here's a couple more: Think about offense and defense.  Offense is how much money you make.  Are you making enough to survive on?  Is there a way you could bring in more income?  Defense is what you do with your money.  Do you have expensive habits?  Do you have problems with impulse spending?  Do you live in an expensive area with a high cost-of-living?  Think about some of these areas and pick one to attack first. If it is the defense side that is causing you problems (you did mention trying to live on less), consider reading Your Money or Your Life by Joe Dominguez and Vicki Robin.  There's a really good summary of it on the authors' site.  The basic idea of the mechanical part of the book is that you figure out how much you're truly making per hour, and then evaluate your expenses based on how many hours of your \"\"life energy\"\" you are using for that expense.  Then you evaluate whether you think that's a fair trade or not.  There's a lot more to it than that, but it's an interesting way to get a different perspective on your spending habits, and may be enough to entice you to change those habits.\""}
{"_id": "407228", "title": "", "text": "\"Zephyr, Did you see something specific regarding a claim of money saved through observance of the Earth Hour event? The organisers maintain it is about raising awareness of climate change issues - I can't find anything from them regarding saving money/have never seen anything. You could take the claims regarding drops in national-level energy consumption and the decrease in use of various items/devices etc etc and work out a financial savings of a sort - ie. add together \"\"energy not used x average kilowatt cost\"\", \"\"fuel saved through non-use of vehicles x average price per litre\"\", etc etc and so on. But it would be wild wild guesses littered with assumptions - I seriously doubt you could work up a credible figure. Which is why I don't think the organisers make claims regarding money (please correct me if you saw something from them that stated otherwise) - they tend to stick to the \"\"awareness\"\" mantra. Regarding your second question, I think you'll find there is some consensus that large-scale downturns followed by large-scale upturns in electricity consumption is not environmentally friendly. The Telegraph is a good read on this: http://www.telegraph.co.uk/earth/environment/climatechange/7527469/Earth-Hour-will-not-cut-carbon-emissions.html (To be honest, the Telegraph's article is a good summary of the entire concept of Earth Day.)\""}
{"_id": "407230", "title": "", "text": "&gt; yelp didnt as well hide positive reviews unless you pay them a monthly fee  There is nothing I've seen that indicates this is the case. Can you provide a source for that? According to Yelp you pay them for putting you higher on the search results and other things that don't affect the filter system at all."}
{"_id": "407253", "title": "", "text": "Yes you will need an emergency fund for the rental. Besides appliances, or a roof, that might need to be replaced, you will also have to protect against being unable to rent the unit.  Another risk is that you may have a tenant damage the unit. While you can get the money through the courts it may take months or longer. You can't wait for the money before you repair the unit. Keeping the rental unit funds separate from the rest of your funds will allow you to make sure you are adequately protecting yourself."}
{"_id": "407259", "title": "", "text": "\"You might find some of the answers here helpful; the question is different, but has some similar concerns, such as a changing economic environment. What approach should I take to best protect my wealth against currency   devaluation & poor growth prospects. I want to avoid selling off any   more of my local index funds in a panic as I want to hold long term.   Does my portfolio balance make sense? Good question; I can't even get US banks to answer questions like this, such as \"\"What happens if they try to nationalize all bank accounts like in the Soviet Union?\"\"  Response: it'll never happen. The question was what if! I think that your portfolio carries a lot of risk, but also offsets what you're worried about.  Outside of government confiscation of foreign accounts (if your foreign investments are held through a local brokerage), you should be good.  What to do about government confiscation?  Even the US government (in 1933) confiscated physical gold (and they made it illegal to own) - so even physical resources can be confiscated during hard times. Quite a large portion of my foreign investments have been bought at an   expensive time when our currency is already around historic lows,   which does concern me in the event that it strengthens in future. What   strategy should I take in the future if/when my local currency starts   the strengthen...do I hold my foreign investments through it and just   trust in cost averaging long term, or try sell them off to avoid the   devaluation? Are these foreign investments a hedge?  If so, then you shouldn't worry if your currency does strengthen; they serve the purpose of hedging the local environment.  If these investments are not a hedge, then timing will matter and you'll want to sell and buy your currency before it does strengthen.  The risk on this latter point is that your timing will be wrong.\""}
{"_id": "407270", "title": "", "text": "CFD's are highly speculative so they should represent a very small proportion of your asset allocation(4% or less). If you need the 100 for food or rent then definitely not.  However if you have some money spare that you could afford to lose(you will definitely need more than 100) and you are prepared to put the time and effort it to learn and manage your risks carefully then there is no reason why you shouldn't try it.  I would advise against trading on a demo account for learning. Most of what you need to learn is how to stick to your plan while under emotional pressure. I also wouldn't call it gambling but managing risk. The best traders only win half of their trades so they might have a losing streak of 5, 10 or 20 trades. If they are trading 5% of their capital with each trade then poof they're out. Their winning trades might make 10-100 times the amount risked so they know that it is more profitable to always only risk around 1%. Sticking to that requires discipline.   This page has a pretty comprehensive introduction: http://cfdtradingo.com/what-is-cfd-trading/"}
{"_id": "407274", "title": "", "text": "There are lots of good points here already, but something that hasn't been mentioned yet is what would happen if the purchased items break or are somehow defective? Depending on the warranty and how trustworthy the company is, there could be an advantage to not having fully paid for the item yet when a defect is discovered, as it might incentivize the company to be more attentive to your warranty claim, since they are faced with knowing that you could stop making payments if they don't act in a timely manner. Note I'm not suggesting you stop making payments in this case, just that companies (and banks) are oftentimes more willing to work with you when you owe them money."}
{"_id": "407275", "title": "", "text": "You seem to think that rich people have money just lying around. They don't, inflation takes care of that.  All money is in circulation, it's invested in companies. Who buy products from other companies with that money, and they buy products from other companies... etc. All of them employ people. All of them produce something worthwhile."}
{"_id": "407278", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Amazon And Ebay Opened Pandora's Box Of Chinese Counterfeits And Now Don't Know What To Do](https://www.reddit.com/r/talkbusiness/comments/79qykt/amazon_and_ebay_opened_pandoras_box_of_chinese/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"_id": "407313", "title": "", "text": "Put one of your monthly bills on it.  (Utility bill, Netflix, monthly donation to charity, etc.) I have several automatic, recurring monthly charges on my credit card. If you don't have any current monthly bills that you want to switch, contact the Red Cross, or a charity of your choice. They would be very happy to charge your credit card once a month. Alternatively, it might be okay to let it close."}
{"_id": "407316", "title": "", "text": "\"As long as you paid 100% of your last year's tax liability (overall tax liability, the total tax to pay on your 1040) or 90% of the total tax liability this year, or your underpayment is no more than $1000, you won't be penalized as long as you pay the difference by April 15th. That's per the IRS. I don't know where the \"\"10% of my income\"\" came from, I'm not aware of any such rule.\""}
{"_id": "407327", "title": "", "text": "One way or another the coast will be shifted onto either eployees or the consumers. This guy is just blowing air out of his ass. &gt;More than 30 million Americans will get insurance under the Affordable Care Act. Tens of millions more will be protected from underinsurance, annual and lifetime limits, and unfair price increases. If the downside of this is that my pizza costs 20 cents more, that seems a pretty small price to pay.  http://edition.cnn.com/2012/08/09/opinion/carroll-health-care-act/index.html"}
{"_id": "407350", "title": "", "text": "Don't buy the new car. Buy a $15k car with $5k down and a 3 year loan and save up the rest for your car. A $500/mo car payment is nuts unless you're making alot of money. I've been there, and it was probably the dumbest decision that I have ever made. When you buy a house, you end up with all sorts of unexpected expenses. When you buy a house AND are stuck in a $500/mo payment, that means that those unexpected expenses end up on a credit card."}
{"_id": "407353", "title": "", "text": "Imagine the bank loaning 100% of the sum of money you needed to buy a house, if the valuation of the house decreases to 90% of the original price after 3 months, would it be unfair for them to ask them for 10% of the original price from you immediately? I suppose the rationale for loaning 80% is so that you will fork our 20% first, and so your property is protected from fluctuations in the market, that they do not need to collect additional money from you as your housing valuation rarely drops below 80% of the original price. Banks do need to make money too, as they run as a business."}
{"_id": "407369", "title": "", "text": "How ironic that the stores that cater to the well to do set like Tiffany's are doing record volume sales where as stores like Sears and K mart that sell to the 99% downtrodden of us folks are in a jam. Just another indicator of how treacherous things are on this side of the economic fence....geesh"}
{"_id": "407372", "title": "", "text": "\"QUICK ANSWER What @Mike Haskel wrote is generally correct that the indirect method for cash flow statement reporting, which most US companies use, can sometimes produce different results that don't clearly reconcile with balance sheet shifts.  With regards to accounts receivables, this is especially so when there is a major increase or decrease in the company's allowances for doubtful accounts. In this case, there is more to the company's balance sheet and cash flow statements differences per its accounts receivables than its allowances for doubtful accounts seems responsible for.  As explained below, the difference, $1.25bn, is likely owing more to currency shifts and how they are accounted for than to other factors. = = = = = = = = = = DIRTY DETAILS Microsoft Corp. generally sells to high-quality / high-credit buyers; mostly PC, server and other devices manufacturers and licensees.  It hence made doubtful accounts provisions of $16mn for its $86,833mn (0.018%) of 2014 sales and wrote off $51mn of its carrying balance during the year. Its accounting for \"\"Other comprehensive income\"\" captures the primary differences of many accounts; specifically in this case, the \"\"foreign currency translation\"\" figure that comprises many balance sheet accounts and net out against shareholders' equity (i.e. those assets and liabilities bypass the income statement).  The footnotes include this explanation: Assets and liabilities recorded in foreign currencies are translated at the exchange rate on the balance sheet date. Revenue and expenses are translated at average rates of exchange prevailing during the year. Translation adjustments resulting from this process are recorded to other comprehensive income (\u201cOCI\u201d) What all this means is that those two balance sheet figures are computed by translating all the accounts with foreign currency balances (in this case, accounts receivables) into the reporting currency, US dollars (USD), at the date of the balance sheets, June 30 of the years 2013 and 2014. The change in accounts receivables cash flow figure is computed by first determining the average exchange rates for all the currencies it uses to conduct business and applying them respectively to the changes in each non-USD accounts receivables during the periods. For this reason, almost all multinational companies that report using indirect cash flow statements will have discrepancies between the changes in their reported working capital changes during a period and the dates of their balance sheet and it's usually because of currency shifts during the period.\""}
{"_id": "407378", "title": "", "text": "I am not a lawyer or a tax accountant, but from the description provided it sounds to me like you have created two partnerships: one in which you share 50% of Bob's revenue, and another in which you share 50% of the revenue from the first partnership. If this is the case, then each partnership would need to file form K-1 and issue a copy to the partners of that partnership. I think, but I'm not sure, that each partnership would need an Employer Identification Number (EIN; you can apply for and receive these online with the IRS). You would only pay tax on the portion of profits that are assigned to you on the K-1. (If you've accidentally created a partnership without thinking through all the ramifications, you probably want to straighten this out. You can be held liable for the actions of your partners.) On the other hand, if your contract with Bob explicitly makes you a contractor and not a partner, then Bob should probably be issuing a 1099 to you. Similarly for you and Joe -- if your contract with Joe makes him a subcontractor, then you may need to get an EIN and issue him a 1099 at the end of the year. The money you pay to Joe is a business expense, and would be deducted from the profits you show on your Schedule C. In my opinion, it would be worth the $200 fee paid to a good CPA to make sure you get this right."}
{"_id": "407385", "title": "", "text": "There is a difference between trading which is short term focussed and investing which is longterm focussed. On the long term what drives stock prices is still the overall economy and the performance of the underlying business aspects. I do not think that any trading algorithms will change this. These are more concerned with short term profits regardless of the underlying business economics. Therefore I think that longterm investing using index funds is still a viable strategy for most private investors."}
{"_id": "407386", "title": "", "text": "Financial panics tend to last about 7 years.  I mean, there may be nothing at all unusual about this last one.  Having a steady hand, not panicking may turn out to be the right course.  The US isn't Japan primarily because our population is still growing and we have a shitload of natural resources.  So there is reason to believe we'll come out of the financial panic in roughly the same timeframe as prior financial panics."}
{"_id": "407393", "title": "", "text": "&gt; monstrous position on water availability  ...except the stock posts on *that* subject are more like your Quik Rabbit one.  [Read that](https://www.arb.ca.gov/fuels/lcfs/workgroups/lcfssustain/hanson.pdf). Look at the water-use chart on P. 4., sprinkled with *millions of acre feet* **per year**. That OMG!27million *gallons*!! is about **83 acre feet**.  Disclaimer: I neither live in California nor work for Nestle."}
{"_id": "407401", "title": "", "text": "First step, pull a copy of your credit report, and score. You should monitor that score and do what you can to bring it up. Your chances are far better if (a) you first save a sizable downpayment, and (b) go with a local bank that doesn't just write the mortgage and sell it. Better still, go to that local bank and inquire about REO (real estate owned by the bank) property. These are properties they foreclosed on and depending how they are carrying them, you might find decent opportunities. As a matter of logic, a local bank that owns these specific properties (as compared to debt pools where big banks have piles of paper owned fractionally) are more willing to get a new owner in and paying a new loan.  Congrats on the new, higher, income. I'd suggest you first build the emergency fund before the downpayment fund. Let us know how it goes."}
{"_id": "407407", "title": "", "text": "Honestly I don't mind that they make money off of my resume. Where the rubber hits the road I put my resume out into the world in order for potential employers to find me. That's why I had a Monster profile and a Careerbulder oen as well. In fact, the best and most stabel jobs I have had have coem from employers reachign out to me as opposed to the other way around."}
{"_id": "407410", "title": "", "text": "&gt; Meaning if the were allowed to opt out of this monopoly service provider they would.  They can do so at any time.  Since they are rich they can afford a plane ticket to any country of their choosing.  Oh, they are staying?  Then they have chosen this government."}
{"_id": "407421", "title": "", "text": "\"Some people will drone on about \"\"maintaining power\"\" or \"\"projecting power.\"\"  The money we're wasted over the last 2 decades on wars in the middle east (and elsewhere) have absolutely *nothing* to do with power projection and everything to do with profits.  The most effective form of power projection accomplishes its goals without firing a shot, but that doesn't put dollars in pockets.  Whether it's a data center in Utah, or drone strikes in Somalia, National Security is not the purpose: Money is.\""}
{"_id": "407427", "title": "", "text": "As I understand agency trading is where you execute an order on behalf a client, what I don't understand is what is where the skill comes in. You're not running a book, so you don't warehouse risk/manage it, and so where does the skill enter especially when it comes to stock trades?"}
{"_id": "407433", "title": "", "text": "Governments only have a few ways to get income: tax income, tax consumption, tax property (cars & boats), tax real estate, or tax services (hotel & meals). The National, state, county, city, and town taxing authorities determine what is taxed and what the rate will be to get enough money to run their share of the government. In general the taxing of real estate is done by the local government, but the ability to tax real estate is granted to them by the state. In the United States the local government decides, generally through a public hearing, what the rate will be. You can usually determine the current rate and tax value of the home prior to purchase. Though some jurisdictions limit the annual growth of value of the property, and then catch it up when the property is sold. That information is also in  public records.   All taxes are used to build roads, pay for public safety, schools, libraries, parks.. the list is very long. Failure to pay the tax will result in a lien on the property, which can result in your losing the property in a tax sale.  Most of the time the bank or mortgage company insists that your monthly payment to them includes the monthly portion of the estimated property tax, and the fire insurance on the property. This is called escrow. This makes sure the money is available when the tax is due. In some places is is paid yearly, on other places every six months. With an escrow account the bank will send the money to the government or insurance company. Here is the big secret: you have been indirectly paying property tax. The owner of the apartment , townhouse, or home you have been renting has been paying the tax from your monthly payment to them."}
{"_id": "407437", "title": "", "text": "\"There are (at least) two problems with the argument suggested in the OP. First, the ability to cover the cost, doesn't mean willingness, ease, or no major side effects of doing so. Second is the mitigation of \"\"upside risk\"\". It might be true that the most usual loss is small and manageable, but 10% of incidents could be considerably larger and 1% may be very much larger - without limit.  Your own attitude to risk and loss will determine how much these are seen as unlikely+ignore, or worst case situation+avoid.\""}
{"_id": "407439", "title": "", "text": "I think that definitely has a part of it so many women I know think they are friends with people that I know for a fact are not their friends, like that's not your friend she's your roommate and she avoids you to not hang out with you."}
{"_id": "407449", "title": "", "text": "\"Umm, it depends on the transaction but a lot of transactions get done on a \"\"cash free / debt free\"\" basis.  Meaning, I'll pay you 5x EBITDA (or $500) and you deliver the company without any cash or debt subject to a \"\"standard\"\" amount of working capital.  Ultimately, you're confusing enterprise value and equity value.  The two companies may have different purchase prices (equity values) but they should have very similar enterprise values (given the hypothetical scenario you put together).\""}
{"_id": "407455", "title": "", "text": "One factor I haven't seen mentioned is volume.  Suppliers will charge a slightly lower price to the station if they buy in full tanker truck loads instead of smaller quantities.  Where I am this is probably still the largest factor in price spread with all newer bigger stations being 20-30 cents cheaper than the old small ones (often a repair shop with 2 pumps out front); the only reason it's slowly becoming less pronounced is that the old small stations are steadily closing up as their tanks fail leak inspections because they don't sell enough gas to justify repair and replacement."}
{"_id": "407492", "title": "", "text": "Really, you should only use words you understand - particularly if you're going to throw _one single word_ into an argument and act as if that's all you need to say.  If the price were perfectly elastic, then for every increase in cost in airline flights, people would spend exactly enough less on flights to counteract that.    What you mean is that price _inelasticity_ will mitigate this.  But in fact, since the elasticity of the market is almost certainly negative like almost all markets, the airlines will in fact lose some money for every such tax put on them;  less money than the cost of the tax, yes, because of the inelasticity of the market, but some.  [Source.](http://en.wikipedia.org/wiki/Price_elasticity_of_demand)"}
{"_id": "407505", "title": "", "text": "\"This answer will expand a bit on the theory. :) A company, as an entity, represents a pile of value. Some of that is business value (the revenue stream from their products) and some of that is assets (real estate, manufacturing equipment, a patent portfolio, etc). One of those assets is cash. If you own a share in the company, you own a share of all those assets, including the cash. In a theoretical sense, it doesn't really matter whether the company holds the cash instead of you. If the company adds an extra $1 billion to its assets, then people who buy and sell the company will think \"\"hey, there's an extra $1 billion of cash in that company; I should be willing to pay $1 billion / shares outstanding more per share to own it than I would otherwise.\"\" Granted, you may ultimately want to turn your ownership into cash, but you can do that by selling your shares to someone else. From a practical standpoint, though, the company doesn't benefit from holding that cash for a long time. Cash doesn't do much except sit in bank accounts and earn pathetically small amounts of interest, and if you wanted pathetic amounts of interests from your cash you wouldn't be owning shares in a company, you'd have it in a bank account yourself. Really, the company should do something with their cash. Usually that means investing it in their own business, to grow and expand that business, or to enhance profitability. Sometimes they may also purchase other companies, if they think they can turn a profit from the purchase. Sometimes there aren't a lot of good options for what to do with that money. In that case, the company should say, \"\"I can't effectively use this money in a way which will grow my business. You should go and invest it yourself, in whatever sort of business you think makes sense.\"\" That's when they pay a dividend. You'll see that a lot of the really big global companies are the ones paying dividends - places like Coca-Cola or Exxon-Mobil or what-have-you. They just can't put all their cash to good use, even after their growth plans. Many people who get dividends will invest them in the stock market again - possibly purchasing shares of the same company from someone else, or possibly purchasing shares of another company. It doesn't usually make a lot of sense for the company to invest in the stock market themselves, though. Investment expertise isn't really something most companies are known for, and because a company has multiple owners they may have differing investment needs and risk tolerance. For instance, if I had a bunch of money from the stock market I'd put it in some sort of growth stock because I'm twenty-something with a lot of savings and years to go before retirement. If I were close to retirement, though, I would want it in a more stable stock, or even in bonds. If I were retired I might even spend it directly. So the company should let all its owners choose, unless they have a good business reason not to. Sometimes companies will do share buy-backs instead of dividends, which pays money to people selling the company stock. The remaining owners benefit by reducing the number of shares outstanding, so they own more of what's left. They should only do this if they think the stock is at a fair price, or below a fair price, for the company: otherwise the remaining owners are essentially giving away cash. (This actually happens distressingly often.) On the other hand, if the company's stock is depressed but it subsequently does better than the rest of the market, then it is a very good investment. The one nice thing about share buy-backs in general is that they don't have any immediate tax implications for the company's owners: they simply own a stock which is now more valuable, and can sell it (and pay taxes on that sale) whenever they choose.\""}
{"_id": "407510", "title": "", "text": "\"The sad part about this, IMHO, is that almost all of this new debt is \"\"bad debt\"\".  Meaning it hasn't really gone into productive endeavors. Just stock buy-backs and such.  So it has had minimal positive effects but is likely to be a drag on future growth for decades.\""}
{"_id": "407512", "title": "", "text": "\"I dislike shopping for some stuff from Amazon because they actually suck at a lot of key e-commerce things.  Their search is pretty bad for some stuff.  Computer parts, for example.  The pricing/shipping games-- \"\"Here are 82 sellers, some of which count towards the 'buy $25 and get free postage and some that don't\"\"  This is especially bad for things like books, where used is just as good in most cases.  Teasy free shipping.  You have massive warehouses in my home town.  You can ship any of these items same day if I pay 12 bucks for the privilege.  Don't tell me you can't get it to me in less than 10 days if I select free shipping.  The constant \"\"are you really really really sure you don't want Prime?\"\"  Seeming random pricing.  I like manga, and it's worthwhile to order 3 or 4 volumes at a time to get to the free shipping tier.  But you'll have \"\"Volume 11: $9.75, Volume 12: $15.40, Volume 13: $9.75\"\".  Other vendors (RightStuf comes to mind) seem to at least have consistent across-the-board pricing and discounts.\""}
{"_id": "407524", "title": "", "text": "The effect is that employers are taking more skilled workers so teenagers and unskilled people won't be able to find work. Also those that are employed work fewer hours - which means: do the same work in less hours so we dont have to pay you more. How is this a good strategy for the city? If you were a business owner and your labor costs went up 34% in six months you'd cut staff and make them work harder."}
{"_id": "407532", "title": "", "text": "\"That's it hmmmm.... Identifying and supporting products good for the business is what you need the CEO to do. A good CEO who can demo the company's newest product is a PLMs greatest asset. I'm not saying JObs was god, but to say \"\"that's it\"\" is off the mark.\""}
{"_id": "407533", "title": "", "text": "\"I've taken Calculus I-III, ODEs, Linear Algebra, PDEs and a few numerical methods classes.  No back ground in statistics.  I \"\"speak\"\" Python, Matlab, and some C++.  Is this enough formal background to self-educate?  Also, wouldn't it make the most sense to write things in C++ or a lower level language?  Seems like speed of algorithms would be of utmost importance here.\""}
{"_id": "407540", "title": "", "text": "Sales tax permits come from the state in which your business is operating.  You need a business license first for them to issue you one. US sales taxes are collected by the business and remitted to the government, you need the permit in order to do this. A bigger question is whether it's legal for you to engage in business in the first place.  What is your visa status?"}
{"_id": "407542", "title": "", "text": "\"Why are they calling it freelance? It used to be called self-employed.  Freelance used to mean low wage or no wage gigs and was all about the experience and connections you made which would help propel you into what you wanted.   Now people are talking about it as though its the way of the future?  As an accountant, I understand the long term value of labor subcontractors. Pretty much. . . if you think your job can be done at home, it can be subcontracted out to somebody else who does not have to be a full time employee. Kinda like the, \"\"Can a robot take my job,\"\" sorta thing?  In summary, genuinely good/original talent is wasted on \"\"freelance,\"\" because the creator isn't given the tools to make his/her best work when that work is finding them. . . and lining up one after the other.\""}
{"_id": "407545", "title": "", "text": "Kelly Gitter is an experienced wellness master who holds a long time involvement in preparing individuals from all age groups. She even holds a great experience in educating people through her fitness formats at the level that\u2019s powerful and enthusiastic."}
{"_id": "407547", "title": "", "text": "\"I'm the contrarian on this forum. Since you asked a \"\"should I ...\"\" question, I'm free to answer \"\"No, you shouldn't increase your limit. Instead, you should close it out\"\". A credit card is a money pump - it pumps money from your account to the bank's profit margins. When I look at my furniture and the bank's furniture, I know exactly who needs my money more (hint: it's not the bank). Credit cards change people's spending patterns. In my first day of training as a Sears salesman, the use of the card was drummed into our heads. People purchase on average 25% more when they use a card than when they pay cash. That's good if you're a retailer or the lender (at that time Sears was both), but no good if you're a consumer. Build up a $1,000 emergency fund (for emergencies only, not \"\"I need a quick latte because I stayed up too late last night\"\"), then savings for 6 to 12 months living expenses. Close and cut up the credit card. Save up and pay cash for everything except possibly your house mortgage. If you have that much cash in the bank, the bankers will be as willing to talk to you as if you had an 800+ score. I have lived both with and without debt. Life without debt is well worth the short term sacrifice early on.\""}
{"_id": "407551", "title": "", "text": "\"Also note that a share of voting stock is a vote at the stockholder's meeting, whether it's dividend or non-dividend. That has value to the company and major stockholders in terms of protecting their own interests, and has value to anyone considering a takeover of the company or who otherwise wants to drive the company's policy. Similarly, if the company is bought out, the share will generally be replaced by shares in whatever the new owning company is. So it really does represent \"\"a slice of the company\"\" in several vary practical ways, and thus has fairly well-defined intrinsic value linked to the company's perceived value. If its price drops too low the company becomes more vulnerable to hostile takeover, which means the company itself will often be motivated to buy back shares to protect itself from that threat. One of the questions always asked when making an investment is whether you're looking for growth (are you hoping its intrinsic value will increase) or income (are you hoping it will pay you a premium for owning it). Non-dividend stocks are a pure growth bet. Dividend-paying stocks are typically a mixture of growth and income, at various trade-off points. What's right for you depends on your goals, timeframe, risk tolerance, and what else is already in your portfolio.\""}
{"_id": "407559", "title": "", "text": "I think I would simply find a friendly local who is willing to Paypal you for cash."}
{"_id": "407564", "title": "", "text": "&gt; Walmart only concerns its self with the needs of shareholders.   All publicly traded companies concern themselves with the needs of the shareholders, they are the people that own the company, thats how publicly traded companies work... Why do you get upvoted in /r/business for saying such silly things?"}
{"_id": "407566", "title": "", "text": "Actually they're the ones doing the suing. But it sounds like it's just to save face. The study seems pretty ironclad and CBC is usually reputable in cases like these.   For those wondering, a Canadian firm went out and grabbed some Subway/Mcdonalds/Wendy's chicken and measured actual chicken content. McDonalds and Wendy's came back with 80%+ chicken. Subways chicken Teriyaki came back with over 50% soy content."}
{"_id": "407571", "title": "", "text": "\"Okay. An ETF is an \"\"Exchange Traded Fund\"\". It trades like a stock, on the stock market.  Basically by buying one ETF, you can have ownership in the underlying companies that make up the ETF. So, if you buy QCLN, a green energy ETF, you own Tesla, First Solar Inc, SunPower Corporation, Vivint Solar, Advanced energy industries and a bunch of other companies that are involved in clean energy.   It allows you to gain exposure to a sector without having to buy individual companies.  There are ETFs for lots of different things. Technology ETFs, Healthcare ETFs, Consumer Staples ETFs, Utilities ETFs, etc.  REITS are essentially the same thing, except they own real estate.\""}
{"_id": "407591", "title": "", "text": "I remember reading in an earlier version of Pub 590 (or possibly the Instructions for Form 8606) that timely contributions for Year X to an IRA are deemed to have been made on January 1 of Year X regardless of when they were actually made, but I don't seem to be able to find it now in current versions of Pubs 590a or 590b and so cannot include a citation of chapter and verse. Be that as it may, the calculations on on Form 8606 Part I effectively track basis on an annual basis rather than on a daily basis, and so the fact that the Traditional IRA has a zero balance (and basis 0 too) at some time during the year doesn't matter in the least.  In detail (though you didn't ask for it) Note that the whole $6500 that you put in remains non-deductible in its entirety, but you owe taxes on only $93,900 of that $100K that you rolled over into a Roth IRA and not on the whole $100K as you were assuming would have been the case. So, in effect, of that $6500 nondeductible contribution to your Traditional IRA, you did really get to deduct $6100 from your taxable income for 2016, and make only a $400 nondeductible contribution, exactly equal to your basis in your Traditional IRA as per the Form 8606 calculations.  I can only assume that the software package that you are using reproduces the above calculations exactly and does what the IRS says you must do on Form 8606 rather than what you get by tracking the basis on a daily basis. IRS regulations and instructions are not necessarily the same as what the tax law says; they are interpretations of the tax law based on what the IRS understands the tax law to say. People have challenged various specific IRS regulations and interpretations as being different from what the law says in Tax Court and been successful in some cases and failed in others. If you believe that tracking basis on a daily basis is what the law says (instead of just being reasonable and rational: reasonableness and rationality are not required either of Congress in the laws that they write or the IRS regulations that interpret the laws), you should take up the matter with the IRS or the Tax Court."}
{"_id": "407592", "title": "", "text": "Finance encompasses many disciplines. What aspect of finance would you like to work in? A hedge fund analyst is very different from a portfolio manager who is also very different from an accountant. All of those would technically fall under finance, but your background for those careers would be very different."}
{"_id": "407602", "title": "", "text": "Note that the rules around wash sales vary depending on where you live. For the U.S., the wash sale rules say that you cannot buy a substantially identical stock or security within 30 days (before or after) your sale. So, you could sell your stock today to lock in the capital losses. However, you would then have to wait at least 30 days before purchasing it back. If you bought it back within 30 days, you would disqualify the capital loss event. The risk, of course, is that the stock's price goes up substantially while you are waiting for the wash sale period. It's up to you to determine if the risk outweighs the benefit of locking in your capital losses. Note that this applies regardless of whether you sell SOME or ALL of the stock. Or indeed, if we are talking about securities other than stocks."}
{"_id": "407612", "title": "", "text": "Yes, all the upsides, none of the downsides. I always say if I released 200 million gallons of oil in the Gulf Of Mexico, by accident OR on purpose, I would have gone to jail for a long time. BP did this and didn't go to jail. None of the execs were locked up, they not stopped from participating in the economy (as I would have been on the account I would be in jail), nothing but a fine. A small fine at that,  for the damage they did. They are more important than the citizens in this greedy country."}
{"_id": "407615", "title": "", "text": "SEO is not simple but it\u2019s not rocket science. If you have always wondered what SEO is all about, allow this SEO Utah digital agency to demystify it for you. Our job as an SEO Utah company is to study all on-site and off-site qualities of your website that will set you apart from your competitors and will get you to rank high on Search engine result pages. Visit us online here: http://www.sitesbysara.com/seo-utah-demystifying-strategy/"}
{"_id": "407627", "title": "", "text": "\"Yes, you as the giver will owe US gift taxes if you give her that sum directly. You can reduce it by taking advantage of the threshold being by person. So, for example, if you and your wife each gave your daughter $17k, you'd individually be under the threshold and wouldn't owe gift tax, even if the money comes from and goes to the same account. Given the time of year, you could give her that now and another $34k in January (next tax year) and avoid the gift tax. If she doesn't need all the money immediately, that's the simplest solution. If she does need it all now, and you don't want to try arranging to  \"\"launder\"\" the money through relatives' gift allowances (which I think would be legal and legitimate, actually), the other solution is to set this up as an intra-family loan. Web searching that phrase will find details, but it essentially lets you spread the gift over multiple accounting years and pay income tax on a minimal amount of interest (can be under 0.3%, which you'd also gift her with) rather than paying gift tax. It does require some paperwork to document and track it properly, but it isn't bad. (I did this when making a large \"\"bridge loan\"\" to help a relative buy their new house before the old one had sold. In that case it really was a loan, though; I'm being paid back out of the proceeds from the sale.)\""}
{"_id": "407637", "title": "", "text": "\"Another thing that \"\"retirement\"\" lets you do is do what you love without worrying about making enough money to live on by doing it.  For example, volunteering your time or starting your own business.  These are much easier to do when you don't have to worry about getting paid. Having a source of income provides a lot more freedom to pursue what you love.\""}
{"_id": "407643", "title": "", "text": "The best thing you can do here is work with the IRS to the best of your ability.  You can attempt to call them, attempt to go to one of their local branches in your area, or just hire an accountant to solve the problem.  Just be mentally prepared to write a check.   You could attempt to figure this all our yourself, but then a lot of tax law is open to interpretation.  This is why I would recommend seeking the IRS's help if you DIY.  Once you have addressed the issue to the satisfaction of the IRS agent, this will no longer be a problem.  Provided you have a good attitude (which you express in your question) and are honest, I have found them very easy to work with.  You will be a refreshing change of pace to the actual tax cheats. While I understand that you are not seeking advice on what got you your situation, I would like to offer some encouragement.  Good for you for learning from, and addressing your mistakes.  Doing this will serve you well in the future."}
{"_id": "407654", "title": "", "text": "Sure you can. Obviously it means your company will make less profit, saving you 20% corporation tax, while your personal income will be higher, meaning you will likely spend more than 20% in income tax and National Insurance contributions."}
{"_id": "407663", "title": "", "text": "Returns: Variable, as with all investments. Legitimate: Contact the usual major investment-fund houses."}
{"_id": "407672", "title": "", "text": "Both, I own and utalize a ton of Google products but anything outside their advertising or data is lacking long term vision and listless. Reminds of a kid getting bored with their toy in 15 minutes. Makes me fearful for their 20 year+ dominance if their advertisement business slowly gets more competition.  They won't be going anywhere, but I don't think they will continue to take over the world."}
{"_id": "407690", "title": "", "text": "In Canada, internships aren't as popular. We have co-op work terms during alternating semesters. When I was a coop student, I got about $15-20 per hour, and that was 2005-2007. Coop students at my current job make about $20-30 depending on their degree and year.   That aside, I had a bad sales experience in one of my work terms. Basically exactly the same, cold calls all day, and if I got a lead, I would go to their office and present the plan. I hated it. I slugged it out, got a mediocre review, but my next work term I did really well and thus began my slightly different career in supply chain mgmt.   I still miss finance, and i build family members and friends their investment portfolios. One day I'll start my own consulting business, maybe do it on the side."}
{"_id": "407714", "title": "", "text": "We understand the delicate nature of handling floor epoxy coating in Commercial Flooring Bonita Springs FL. Image Custom Coatings is a local private company in Southern Florida known for offering quality decorative flooring solutions and painting services that include epoxy floor cleaning and coating."}
{"_id": "407726", "title": "", "text": "\"An annuity is a product. In simple terms, you hand over a lump sum of cash and receive an agreed annual income until you die. The underlying investment required to reach that income level is not your concern, it's the provider's worry. So there is a huge mount of security to the retiree in having an annuity. It is worth pointing out that with simple annuities where one gives a lump sum of money to (typically) an insurance company, the annuity payments cease upon the death of the annuitant. If any part of the lump sum is still left, that money belongs to the company, not to the heirs of the deceased. Fancier versions of annuities cover the spouse of the annuitant as well (joint and survivor annuity) or guarantee a certain number of payments (e.g. 10-year certain) regardless of when the annuitant dies (payments for the remaining certain term go to the residual beneficiary) etc. How much of an annuity payment the company offers for a fixed lump sum of \u00a3X depends on what type of annuity is chosen; usually simple annuities give the maximum bang for the buck. Also, different companies may offer slightly different rates. So, why should one choose to buy an annuity instead of keeping the  lump sum in a bank or in fixed deposits (CDs in US parlance), or  invested in the stock market or the bond market, etc., and making periodic withdrawals from these assets at a \"\"safe rate of withdrawal\"\"? Safe rates of withdrawal are often touted as 4% per annum in the US,  though there are newer studies saying that a smaller rate should be used.  Well, safe rates of withdrawal are designed to ensure that the retiree does not use up all the money and is left destitute just when medical bills and other costs are likely to be peaking.  Indeed, if all the money were kept in a sock at home (no growth at all), a 4% per annum withdrawal rate will last the retiree for 25 years. With some growth of the lump sum in an investment, somewhat larger withdrawals might be taken in good years, but that 4% is needed even when the investments have declined in value because of economic conditions beyond one's control. So, there are good things and bad things that can happen if one chooses to not buy an annuity. On the other hand, with an annuity, the payments will continue till death and so the retiree feels safer, as Chris  mentioned.  There is also the serenity in not having to worry how the investments are doing; that's the company's business. A down side, of course, is that the payments are fixed and if inflation is raging, the retiree still gets the same amount. If extra cash is needed one year for unavoidable expenses, the annuity will not provide it, whereas the lump sum (whether kept in a sock or invested) can be drawn on for the extra expense. Another down side is that any money remaining is gone, with nothing left for the heirs. On the plus side, the annuity payments are usually larger than  those that the retiree will get via the safe rate of withdrawal method from the lump sum. This is because the insurance company is applying the laws of large numbers: many annuitants will not survive past their life expectancy, and their leftover monies are pure profit to the insurance company, often more than enough (when invested properly by the company) to pay those old codgers who continue to live past their life expectancy. Personally, I wouldn't want to buy an annuity with all my money, but getting an annuity with part of the money is worthwhile. Important: The annuity discussed in this answer is what is sometimes called a single-premium or an immediate annuity.  It is purchased at the time of retirement with a single (large) lump sum payment. This is not the kind of annuity that is described in JAGAnalyst's answer which requires payment of (much smaller) premiums over many years. Search this forum for variable annuity to learn about these types of annuities.\""}
{"_id": "407735", "title": "", "text": "My initial impressions (yes, its me whos starting next month) are mixed. Good because: &gt;The company expects to use the proceeds from this transaction for general corporate purposes.  Bad because a major stakeholder pulling out is not exactly positive. But as the tech industry goes, things can be fickle, so its very understandable.   Just wondering what some of the veterans, esp in the industry, here think about this one and what it means for someone who's about to start there....or if it is kind of moot."}
{"_id": "407757", "title": "", "text": "There's no need for joint accounts to transfer money between you. You can always transfer money to him in Israel to his Israeli account. Having joint account will pose a couple of issues. If the account is in Israel - you will be liable for FBAR/FATCA reports. If the account is in the US - your son will be liable for similar reports in Israel. Joint account also means there's an ambiguity about what belongs to whom and is transferred in what direction. You'll have issues with gift tax reporting/liabilities. Your son can open a USD account in Israel and you can wire money there or send him checks (that would take longer). Or, you can wire money directly to his ILS account."}
{"_id": "407759", "title": "", "text": "You have just answered your question in the last sentence of your question:  More volume just means more people are interested in the stock...i.e supply and demand are matched well. If the stock is illiquid there is more chance of the spread and slippage being larger. Even if the spread is small to start with, once a trade has been transacted, if no new buyers and sellers enter the market near the last transacted price, then you could get a large spread occurring between the bid and ask prices. Here is an example, MDG has a 50 day moving average volume of only 1200 share traded per day (obviously it does not trade every day).  As you can see there is already an 86% spread from the bid price. If a new bid price is entered to match and take out the offer price at $0.039, then this spread would instantly increase to 614% from the bid price."}
{"_id": "407778", "title": "", "text": "Ding ding ding. We've grown accustomed to not going out to steakhouses, Chili's, and everything in between (because we've had to) that now we see alternative options.   Looks like these types of places will really need to work to incentive us back inside."}
{"_id": "407805", "title": "", "text": "UPS lost my x-mas present that I ordered for my girlfriend. if more websites allowed me to ship via fedex, I'd probably use that option. I had to come up with something else because now I can't get another of the object I'd ordered in stores, and damned if I'm having it shipped to get stolen or misdelivered a second time."}
{"_id": "407815", "title": "", "text": "The important followup is what KIND of financial analyst do you want to be? Unless you're doing VaR or advanced quant trading/risk analysis, Excel and VBA will be much more useful for making you excel at the day to day."}
{"_id": "407832", "title": "", "text": "&gt; If the investor is a partner in the company then they're just as responsible for the debts of their business as any other partner.  Umm, one of the benefits of creating a corporation is to keep personal money separate from the business.  http://www.nolo.com/legal-encyclopedia/corporation-basics-29867.html  There are exceptions to that of course.  &gt; The registered owners of the company can also be held liable for it's debts if it's a corporation.  This is false. Baring in mind that you can prove separation of assets and aren't doing anything illegal.  &gt; Or you can always just have them sign as guarantor for your back pay.  This is of course one of the exceptions."}
{"_id": "407844", "title": "", "text": "I would prefer to see you register in your home state, and then focus on making money, rather than spending time looking to game the system to save a few bucks.  People worry way too much about these trivial fees when they should be focused on making their business successful.  Get registered, get insurance, and then pour it on and start making money. Make $650 your target for a week's income - you can do it!  Next year's goal should be spending $50 a month on a payroll service because you're SO BUSY you can't take the extra time to pay your own social security taxes."}
{"_id": "407867", "title": "", "text": "While this is true, it depends on the lens with which you view technology. There are plenty of examples:      1. The transition from horse to car   2. The transition from whale oil for lighting to the incandescent light bulb.   3. The transition from paper and pen to computer 4. The transition from manual telephone connections to the automatic switch box.    Time and time again, automation has resulted in a higher quality of life for the world.   Here are some examples of how a robot would be beneficial to the consumer:    1. More accurate orders   2. Faster service   3. More consistent service   4. More sanitary   5. Cheaper"}
{"_id": "407869", "title": "", "text": "When a car company offering an extended warranty shows up on my front page 4 times I think it's safe to say we're beyond circlejerk and into ultrajerk. People don't even read the part about the warranty only covering 8 years, they just read the infinite mileage claim and start gagging on Techno Jesus' balls. Reddit's obsession with Tesla is beyond cringeworthy."}
{"_id": "407870", "title": "", "text": "1.Charges or Fee: These are only applicable if you buy something use Credit Card and do not payback in time. Otherwise if you just have a Credit Card, most of them are free. There are some that charge annual fee. You will know when you apply for a card. 2a. Depoist Money [Voucher]: You can deposit money on your card account by check, or online transfer or by visiting the Bank Branch. I am not sure what Voucher you are talking about. You will have to find that out from the company that issued the voucher. 2b. Withdraw from ATM: Withdrwals are charged typically 5%, plus fixed Rs 50. Plus interest if you have not paid back in time. Are you are having excess money, there will be no interest charge. Check with the card on the exact charges. 3.Excess transfer to Bank: The excess can be transferred to Bank account by making a request to the Card Company and giving out the details. The Card Company would have a defined timeline for this. Most of the Banks that issue cards have a policy not to keep excess deposits longer. What you are trying to do it not a routine transaction and depends what you are trying to achieve."}
{"_id": "407893", "title": "", "text": "Paper trail of who did the deposit.  Less significant for a personal account, but a bigger deal for accounts that are used by multiple people (e.g. a corporate checking account)."}
{"_id": "407894", "title": "", "text": "You can make this argument for any political, technological, or science-based post, but that doesn't mean any of those things necessarily belong here by virtue of genre.  **There is no explicit** (or even implicit) **content in this article to put it in the context of affecting the economy**, which is why the article is rightfully being criticized as miscategorized.  This is pretty much a Vanity Fair article about Trump's political/cabinet relationships."}
{"_id": "407898", "title": "", "text": "I was looking at NAT and NAO, NAT owns 20% of NAO.  They trade opposite each other on the price of oil, low is good for NAT, bad for NAO.  In bad times the other company's stock would probably rise, so they could trim excess shares to keep a stable monetary holding.  This would create cash in bad times, in good times they could buy more, creating a floor as well for the other."}
{"_id": "407899", "title": "", "text": "CashBase has a web app, an iPhone app and an Android app, all sync'ed up. It doesn't integrate with banks automatically, but you can import bank statements as CSV. Disclosure: Filip is CashBase's founder."}
{"_id": "407908", "title": "", "text": "\"Sorry, i always use my phone when using reddit and i'm also not a native speaker. Basically what i tried to say is;  The reason the whole world using this economic system is because when people divide their work force and everyone specializes on one thing they are much better at it, gain more experience, become more efficient and basically it is just more productive.   Thats why everyone has a job.  But jobs has few downsides, most prominent one being making all these repetitive tasks, one can lose their purpose. This is the situation for the poor community. People who do not earn a lot of money and doesn't have a good statue can be depressed by going to same place everyday, doing the same thing for 40-50 years,  for....???The reason is, everyone is doing repetitive tasks, even if it is something you love (personally i would hate my hobbies if i had to do them everyday not for enjoyment but for money) but some are being rewarded much more.   My goal of telling all these is, this is not a perfect economic system but it is the most efficient one today. People need motivation if they are going to do the same thing all the time. The motivation could be different than money and statue but it is much easier to convince the masses these are important so the machine could work.  Only a fool with no regard to history would tell this is the best economic system and it will never change since world is always changing, 5 years ago top10 companies were banks and investment companies now they are tech/internet. My belief is that for now the system is structured and will stay the same until; \u2022War ,which changes the economy. War economy needs other stuff compared to what we are producing normally. Motivation also changes in these times, it's not money anymore but for \"\"your countries sake\"\" and \"\"pride\"\". \u2022Different political system which is unusual to most since it is the economic change in classes which makes the political system to change.\""}
{"_id": "407911", "title": "", "text": "Rather than take anyone's word for it (including and especially mine) you need to do think very carefully about your company; you know it far better than almost anyone else. Do you feel that the company values its employees? If it values you and your immediate colleagues then its likely that it not only values its other employees but also its customers which is a sign that it will do well. Does the company have a good relationship with its customers? Since you are a software engineer using a web stack I assume that it is either a web consultancy or has an e-commerce side to it so you will have some exposure to what the customers complain about, either in terms of bugs or UX difficulties. You probably even get bug reports that tell you what customer pain points are. Are customers' concerns valid, serious and damaging? If they are then you should think twice about taking up the offer, if not then you may well be fine. Also bear in mind how much profit is made on each item of product and how many you can possibly sell - you need to be able to sell items that have been produced. Those factors indicate how the future of the company looks currently, next you need to think about why the IPO is needed. IPOs and other share offerings are generally done to raise capital for the firm so is your company raising money to invest for the future or to cover losses and cashflow shortfalls? Are you being paid on time and without issues? Do you get all of the equipment and hiring positions that you want or is money always a limiting factor? As an insider you have a better chance to analyse these things than outsiders as they effect your day-to-day work. Remember that anything in the prospectus is just marketing spiel; expecting a 4.5 - 5.3% div yield is not the same as actually paying it or guaranteeing it. Do you think that they could afford to pay it? The company is trying to sell these shares for the maximum price they can get, don't fall for the hyped up sales pitch. If you feel that all of these factors are positive then you should buy as much as you can, hopefully far more than the minimum, as it seems like the company is a strong, growing concern. If you have any concerns from thinking about these factors then you probably shouldn't buy any (unless you are getting a discount but that's a different set of considerations) as your money would be better utilized elsewhere."}
{"_id": "407941", "title": "", "text": "\"There is no opposite of a hedge, except not having a hedge at all. A \"\"hedge\"\" isn't directional. If you are short, you hedge by having something that minimizes your losses if you are wrong. If you are long, you hedge by having something that minimizes your losses if it decreases in value. If you own a house, you hedge by having insurance. There are \"\"hedged bets\"\" and \"\"unhedged bets\"\"\""}
{"_id": "407959", "title": "", "text": "Provide high quality specialty medical devices and equipment with nationwide distribution, innovating the concept of sales through education, counselling and service to generate excellence and confidence in the medical professional. The Glucometer is an instrument that is used to measure the concentration of blood glucose instantaneously. Conventional capillary glucose monitors puncture the patient's finger to obtain a drop of blood with which to carry out the analysis, with the discomfort this entails."}
{"_id": "407968", "title": "", "text": "\"&gt;*\"\"The vast majority is just too indoctrinated or apathetic to think\"\"*  Yes, I agree with this statement. In certain states, a party platform built upon \"\"Guns, Jesus and No More Abortions\"\" will get you elected even if the rest of the policies amount to having them bring ropes to their own hanging. In many blue states, shallow, rhetoric-laden environmental platitudes and an appeal for various kinds of \"\"social justice\"\" will have the same effect insofar as it also tends to get voters, voting against their own self interest.   There is literally no other reason why a majority of people would ever vote to de-fund schools, stifle science, dismantle society, allow corporate overreach, prefer pain, suffering and bankruptcy/financial ruin for millions instead of having sensible healthcare policies for everyone. That the military gets almost unlimited funding for its capital purchasing but leaves millions of veterans denied of VA services and almost every other kind of support is shameful and should not be acceptable to anyone. Yet, all of this goes unchanged year-after-year because of the meaningless and ineffective manner in which people vote. Voting isn't the problem. What they vote for, is!   The underlying problem is a deeply uniformed voter that is easily manipulated by the products of campaign finance. Even when voters do show up, their vote is easily purchased that their vote does not have an effect apart from confirming what the lobbyists paid for.\""}
{"_id": "407982", "title": "", "text": "On the off chance that you might want more on the above or you are battling with obligation whether you are a landlord or tenant then get in touch with Open-House-North-West-Manchester property letting agent as they can help and place you in contact with the opportune individuals!"}
{"_id": "408025", "title": "", "text": "I've used ING Direct for several years. Never had any problems with them. They were (and maybe still are?) ahead of the curve on security arrangements. You don't need to have a brick and mortar bank to transfer money in, but it is faster and easier if you do. (At least this is true with my mail account -- see next item.) You don't have to have an online account. You can bank entirely by mail if you want. (At least I have one account set up this way, I assume you can still open an account by mail.) They offer CDs with somewhat mediocre rates that are easy to open and fund online from your savings account. The website is relatively simple to use. I have never had any problems with transfers in or out. When you have to call, you get a human on the phone, quickly. Someone who speaks American English with reasonable diction. (At least it used to be this way, I don't think I've called them in over a year.) I'm a fan of ING, but I do wish they managed to keep their rates on top of the chief competition."}
{"_id": "408027", "title": "", "text": "The sting here is definitely in the tail, the PS that says We are starting to call you from the same day when we get your details. The initial email doesn't ask for details, it asks for commitment. Once committed, you will be more relaxed about providing details. This makes me think that this is more serious than a simple financial scam. This is an effort to steal your identity, and that could be much more serious than the one-off loss of a few thousand dollars. Here's why: 1. The scammer could get numerous credit cards and store cards in your name, run up thousands or even hundreds of thousands of dollars in charges, and leave you stuck with explaining what happened. I know someone who went from being a multi-millionaire to a pauper in a few months when his identity was stolen - and he is no fool. 2. It will take you years to clear your name. Meanwhile, your credit is shot, and you might have trouble getting a job, renting an apartment, or simply getting a cellphone contract. 3. Once you've repaired your credit, the scammer can just go through his old files and do it all over again. 4. Cloaked in your identity, and therefore being seen as you, the scammer can pull any number of scams, for which you will eventually be blamed. Then as well as dealing with credit bureaus, you will be dealing with another, more serious bureau: the FBI."}
{"_id": "408029", "title": "", "text": "\"While JoeTaxpayer gave a very insightful answer, and clearly the best answer, let me break it down really simple for you. Talk with a good to great property management company. Given that you will be out of state, you will need one anyway.  A good one is worth their cost, a great one even better.   They will tell you what the \"\"market will bear\"\" on renting your place and the expected costs.  From there you can make an intelligent decision.   Have you had any experience in running rental properties?  I am going to assume not, and as such you should have professionals as part of your team.   More than likely you will have to put money in to sustain this property as a rental.  It is just how the numbers tend to work out.\""}
{"_id": "408043", "title": "", "text": "A handful of well-known banks in the United States are part of the clearXchange network, which allows customers of those banks to move money amongst them. The clearXchange service is rebranded differently by each member bank. For example, Chase calls it QuickPay, while Wells Fargo calls it SurePay, and Capital One calls it P2P Payments.  To use clearXchange, the sender's bank must be part of the network. The recipient isn't required to be in the network, though if they are it makes things easier, as no setup is required on the recipient's end in that case. Otherwise, they must sign up on the clearXchange site directly. From what I can tell, most payments are fee-free within the network. I have repeating payments set up with Chase's QuickPay, and they do not charge fees."}
{"_id": "408045", "title": "", "text": "Yes, but although the advertisers may be behind the times, they're not entirely stupid.  They know very well that people simply minimize the browser and do something else for a few minutes while the Hulu ad runs its course."}
{"_id": "408049", "title": "", "text": "No need for pitchforks.  If they are able to resolve their behavior problems maybe they can quietly negotiate a removal from the ban list.  Those sites apparently relied so heavily on reddit for views that they felt it was worth it to abuse the system.  The reality is that they rarely (never?) provide unique content and usually are just reformatting content from other sources."}
{"_id": "408058", "title": "", "text": "The advice you were given in the other question was don't do it. The math is not the issue. The interest structure is not the issue. But there is a significant chance that you could lose money on the deal. If you invested your money in a NASDAQ heavy position in January 2000, you are still waiting to break even in November of 2013; Invest in almost anything in August 2001 and you will be down for a long time. Invest just before the housing collapse in 2007 and only now returning back to where you were. If you take money on a monthly basis and invest it you will be better off.  If want to get the loan; then set up a stream of money into a bank account to make sure that when payments are due you have the cash to do so. When the two years are up you will have cash to repay the loan, and no need to sell the investments. Also if you are a bad judge of investments you won't have a problem repaying the loan. Using a loan to purchase stock reduces your gains and increases your losses. Use the power of Dollar cost averaging by making periodic purchases."}
{"_id": "408078", "title": "", "text": "According to the US government a percent of your income from all over the world, whether or not any part of it happened in the US.  You sold a burger made of US meat on a US bun in a US city?  Yeah pay taxes to the US on it.  You sell a burger made of Canadian meat on a Canadian bun in a Canadian city?  You should pay Canadian taxes.  In a reasonable world you should pay US taxes on a single burger and Canadian taxes on a single burger.  In the real world you pay Canadian taxes on a single burger and US taxes on two burgers.  Unless of course you keep your Canadian income overseas and never bring it to the US.  Though you'll have to deal with a million articles about how you are hiding money from the US gov in overseas tax havens."}
{"_id": "408094", "title": "", "text": "Critiques of one of the best businessmen of our time by an op ed writer probably mixing cat food with tuna in a shitty studio apartment nightly for dinner.  Say what you will, he was goddamned good at the business aspect of things.   World visionary or any of that other horseshit?  no.   Deserving of candles and all the other goofy shit that society did?  Hell no.  A damned solid businessman?  Yes."}
{"_id": "408097", "title": "", "text": "you:  &gt;Pleading ignorance, what is the difference between revenue and sales?   me:  &gt;[ignorance doesn't cut it in your case](http://lmgtfy.com/?q=sales+vs+revenue)  Or does your ignorance include ignorance of hyperlinks too?   Hint: click the link and use this problem solving approach in the future when you again encounter something you don't understand."}
{"_id": "408101", "title": "", "text": "&gt; I did accurately predict the August 24, 2015 Black Monday crash 11 days before it happened.  Broken clocks are right twice a day, but the article is a nice read.  Also, QQQ &amp; DJIX hit new highs today and the QQQ options recommended are priced even better now, 3 days after this was posted on SA."}
{"_id": "408103", "title": "", "text": "Interesting to me.  Index funds are known for hurting active management. Fund flows have been toward index funds, not active funds.  But apparently S&amp;P and MSCI are making hundreds of millions just by licensing out the names of their most popular funds.  Vanguard also had a sweetheart deal at one time:  &gt; Index funds weren't always a big business, and S&amp;P didn't always know just how valuable the indexes it owned really were. Before the first ETF ever hit the market, S&amp;P agreed to a perpetual license with Vanguard that entitled the index owner to a maximum annual fee of $50,000 from Vanguard's premier index mutual fund, the Vanguard 500 Index Fund.  &gt;As Vanguard popularized the index fund, S&amp;P began to realize just how much it had left on the table. By 2001, the Vanguard fund had $90 billion in assets  &gt; To this day, Vanguard's premier S&amp;P 500 index fund is reportedly operating under its perpetual license, paying just $50,000 per year to S&amp;P Global, but subsequent funds based on S&amp;P's indexes are likely paying full freight. For S&amp;P, it was a very costly lesson to learn."}
{"_id": "408112", "title": "", "text": "\"Thinking about the business overall, your \"\"profit\"\" would be: Since this is a sole proprietorship, the taxes are going to depend on your marginal tax rate. If you file jointly, your income will determine what your marginal tax rate is.  If you file separately, there likely wouldn't be any tax on that income since it's less than the standard deduction, but you lose benefits of filing jointly (combined exemptions, etc.) So think about how much she would charge, what expenses are involved (before taxes), what the taxes would be on that profit, and what the \"\"opportunity costs\"\" are - is it worth time away from the kids/hobbies/etc. for that hobby? How much should a hobby business make to make it worth the effort of charging for such services? That would fall in the \"\"expense\"\" section.  Are you talking about the actual costs (tax prep, etc.) or just the hassle of collecting, accounting, etc.  Certainly those are a consideration but it's harder to quantify that.  If you can come up with some sort of cost then certainly it would fit in the overall value equation. I'm not sure using additional Social Security benefits as a gauge is helpful, since you wouldn't see those benefits until you're of retirement age (according to SS) and a lot can happen between now and then.\""}
{"_id": "408123", "title": "", "text": "\"You don't seem to be a big fan of trading as you may think it may be too risky or too time consuming being in front of your computer all day long. You also don't seem to be a fan of buy and hold as you don't know what your investments will be worth when you need the funds. How about a combination of the two, sometimes called trend trading or active investing. With this type of trading/investing you may hold a stock from a couple of months to many years. Once you buy a stock that is up-trending or starting to up-trend you hold onto it until it stops up-trending. You can use a combination of fundamental analysis (to find out what to buy) and technical analysis (to tell you when to buy and when to sell). So these are some topics you can start reading up on. Using a technique like this will enable you to invest in healthy stocks when they are moving up in price and get out of them when they start moving down in price. There are many techniques you can use to get out of a stock, but the simplest has to be using stop losses. And once you learn and set up your system it should not take up much of your time when you actually do start trading/investing - 2 to 3 hours per week, and you can set yourself up that you analyse the market after the close and place any order so they get executed the next trading day without you being in front or the screen all day. Other areas you might want to read and learn about are writing up a Trading Plan, using Position Sizing and Money Management so you don't overtrade in any one single trade, and Risk Management. A good book I quite liked is \"\"Trade Your Way to Financial Freedom\"\" by Van Tharp. Good luck.\""}
{"_id": "408124", "title": "", "text": "When you start at a new job here in the U.S., the default means of payment is usually a paper check. Most folks will quickly set up direct deposit so that their employer deposits their paycheck directly into their personal bank account - the incentive to do so is that you receive your funds faster than if you deposit a paper check.  Even if you set up direct deposit on your first day on the job, you may still receive your first paycheck as a paper check simply because the wheels of payroll processing turn slowly at some (large) companies. A counter example is a self-employed contractor - perhaps a carpenter or house painter.  These folks are paid by their customers, homeowners and such.  Many larger, well established contracters now accept credit card payments from customers, but smaller independents may be reluctant to set up a credit card merchant account to accept payment by card because of all the fees that are associated with accepting credit card payments.  3% transaction fees and monthly service fees can be scary to any businessman who already has very thin profit margins.  In such cases, these contractors prefer to be paid by check or in cash for the simple reason that there are no fees deducted from cash payments. There are a few folks here who don't trust direct deposit, or more specifically, don't trust their employer to perform the deposit correctly and on time.  Some feel uncomfortable giving their bank info to their employer, fearing someone at the company could steal money from their account. In my experience, the folks who prefer a paper paycheck are often the same folks who rush to the bank on payday to redeem their paychecks for cash.  They may have a bank account (helps with check cashing) but they prefer to carry cash. I operate in a manner similar to you - I use a debit card or credit card (I only have one of each) for nearly all transactions in daily life, I use electronic payments through my bank to pay my regular bills and mortgage, and I receive my paycheck by direct deposit.  There have been periods where I haven't written or received paper checks for so long that I have to hunt for where I put my checkbook! Even though I use a debit card for most store purchases, the bank account behind that debit card is actually a checking account according to the bank.  Again, the system defaults to paper checks and you have the option of going electronic as well. Before we judge anyone who doesn't use direct deposit or who prefers to be paid in cold hard cash, consider that direct deposit is a luxury of stability. Steady job, home, etc.  Direct deposit doesn't make sense for a contractor or day laborer who expect to work for a different person each day or week. I don't think this is all that unique to the US.  There are people in every city and country who don't have long-term employment with a single employer and therefore prefer cash or paper check over electronic payments.   I'd be willing to bet that this applies to the majority of people on the planet, actually."}
{"_id": "408137", "title": "", "text": "Put the non violent ones to work on the farms. Cut their time in half, let the farm pay them $10 an hour collect taxes,  let the farm feed and house them. If they fight, cause problems, or flee, lock them back up, losing all earned time, plus 100% of your wages as incentive to be good. A 20 year sentence for your 4th cocaine possession you get out in 10 and have 250k to start your life again."}
{"_id": "408163", "title": "", "text": "\"&gt;Lab analysis of the Zyprexa tablets confirmed that they were fake, containing only 55 to 80 per cent of the active ingredient. The analysis showed that there were other unknown impurities. \"\"There is no such thing as a 'good' counterfeit medicine,\"\" Deats explains. \"\"The bottom line is that they don't work. A counterfeit medicine could contain 100 per cent of the correct active ingredient, but if it doesn't dissolve within the body at the right rate, it's not going to work.\"\"\""}
{"_id": "408166", "title": "", "text": "&gt;I shudder to think of the security at small bank websites, frankly.  I had a local credit union for years as my main account and before that I had TD Bank. I 100% trust my local credit union over TD Bank any day to protect me from foreign intrusion or fraud."}
{"_id": "408168", "title": "", "text": "I like Health Savings Accounts.  If you don't spend all the money, it rolls over, and you can withdraw from it tax free after retirement."}
{"_id": "408181", "title": "", "text": "I edited my W4 over several years, trying to get rid of my refund.  It's a balancing act, just be careful to not owe more than about $1000 each year.  They can hit you with a small penalty.  It's never been enough to concern me, but it's there. It's also a balancing act if you get a raise, a bonus, any kind of differences in pay..."}
{"_id": "408184", "title": "", "text": "I thought Nestle had been stopped from buying clean water supplies up now? Wasn't it a huge deal last year? Ah what does it matter, as long as the internet is a human right we have to pay for, why not let water be one also."}
{"_id": "408213", "title": "", "text": "Re (1), I don't think it makes any difference. What does make a difference is the presence of your signature on the loan documents, unfortunately. And even if your ex-business partner didn't include the LoC in his bankruptcy, if he or his company don't have any money the bank is still going to come after you."}
{"_id": "408226", "title": "", "text": "\"That right there is one of the most dangerous things that I think I have ever read. Google, has turned evidence over to the NSA and FBI numerous times even without warrants. Look at their TOS; you will see that you are allowing them to do that. Google is one of the most horrendous companies when it comes to \"\"your\"\" privacy. Microsoft has taken the US government to court more times involving their user's privacy and protection. Granted they are all about the monopoly, so there's that. Apple has an impressive history of telling the FBI to suck it.  When it comes to cloud-based security, one of the best roads to go down would be creating your own, if you can.\""}
{"_id": "408233", "title": "", "text": "Those aren't distributions, they're contributions.  Distribution is when the money comes out of the retirement accounts. Here is the best source (the IRS) for information about tax advantaged retirement plans."}
{"_id": "408288", "title": "", "text": "&gt;You have to sell 3-5x more LT than you're buying ST in order to be delta neutral, because the ST is much more volatile.  I assume that you talking about positions by their DV01 and not by the notional exposure?"}
{"_id": "408306", "title": "", "text": "It's certainly crushing the legal market. Law schools don't teach you anything about actual practice beyond a few abstract legal form courses. After graduating it was another 2 years of knowing nothing and constantly asking for help. Even if you do get hired, they usually stick you with the partner who is struggling and is already breaking down from stress and alcoholism, so it's never a positive mentor situation.   Firms just don't want to bother with training anymore so they expect you to go work the public sector. Except those jobs are all filled with veteran lawyers looking to work less and retire on government money. The gridlock just doesn't end."}
{"_id": "408307", "title": "", "text": "In personal finance circles this is called an Emergency Fund. There are many opinions about how big it needs to be but most seem to come in around 3-6 months worth of your average expenses. Any more than that and you're going to loose money to inflation, less and you will start having problems if you get laid off or have a medical issue."}
{"_id": "408308", "title": "", "text": "I have a job and would like to buy equipment for producing music at home and it would be easier for me to pay for the equipment monthly I just want to address your contention that it would be easier to pay monthly, with an interest calculation.  Lets say you get a credit card with a very reasonable rate of 12% and you buy $2,500 of equipment.  A typical credit card minimum payment is interest charges + 1% of the principle. You can see how this is going.  You've paid nearly $200 to clear about $100 off your principle.  Obviously paying the minimum payment will take forever to wipe out this debt.  So you pay more, or maybe you get 0% interest for a while and take advantage of that. Paying $100 per month against $2,500 at 12% per year will take 29 months and cost about $390 in interest.  At $200 per month it'll take 14 months and cost $184 in interest.  Also note, you'll probably get an interest rate closer to 16 or 17%. It's always easier to pay small amounts frequently than it is to pay a lot of money all at once, that ease has a cost.  If you're buying the gear to start a little business, or you already have a little business going and want to upgrade some gear, great; disciplined debt handling is a wonderful skill to have in business.  If you want to start yourself in to a new hobby, you should not do that with debt.  If interest rates are low enough financing something can make sense.  0.9% apr on a car, sure; 15% apr on a mixing board, no.  Credit card interest rates are significant and really should not be trifled with."}
{"_id": "408318", "title": "", "text": "Vitamin C is one of the most antioxidant and participates in numerous physiological processes essential for health. Among other things, it strengthens our immune system, prevents cancer according to numerous studies and best vitamin c supplement contributes to the most elemental construction of our body. According to the daily dose recommended by the main health agencies it is extremely difficult to present vitamin deficiency, since many foods regularly consumed in the diet contain much higher amounts."}
{"_id": "408322", "title": "", "text": "The best investment opportunity that guarantees unending cash flows. You will get a replicated website with your own payment button that opens unending and continuous flow of $5 payments directly into your account. There are other biz opportunities (complete home base business) inside the member area. All these opportunities will be yours in less than 10 minutes. Respond to this ad now and start your journey to prosperity"}
{"_id": "408327", "title": "", "text": "If you file your taxes jointly, she can pay for you. The money can be spent on any taxable dependent can for qualified expenses.  The rules for how much money can be contributed to the account are based off of the number enrolled. Since your spouse has your children enrolled, she can contribute the higher family limit (current $6250 in 2012) but that has no bearing on how she spends the money so long as the expense is a qualified one. She could not pay for a cousin's expenses if that cousin is not listed on her taxes. Because your wife has the HSA, you are not allowed to contribute to an FSA, so be careful with whatever insure you being provided by the university."}
{"_id": "408334", "title": "", "text": "A sure-fire way to make money?  Hell no. There are tonnes of scams and money grabs out there, not to mention the fact that most ICOs are based on projects that are going nowhere. Having said that, there are many ICOs each month that will do very well in the future.  The best thing to do is to shortlist a number of projects you like the sound of and then sit down and research each of them.  Some of the key things to look out for, aside from whether you think the idea is a good one are: The team.  Do they have a proven track record?  Are they reputable?  Is what they claim provable?  Google team member names and check to see if they have a legit Linkedin profile. The Whitepaper.  Is it clearly worded without spelling and grammar mistakes?  Does it have a well defined roadmap with provable achievements to-date? The ICO format.  How much are they looking to raise and is it a realistic figure?  Are unsold tokens burnt?  Is there a maximum contribution limit per investor? What does the competition look like? If they are first to market then this will make the startup way more attractive. The above are probably the most important things to consider though there are many other things to investigate. I have written a fairly comprehensive guide to all the things I look out for when analyzing the investability of an ICO. You might want to check it out before firing out your Bitcoin and ETH into dubious projects."}
{"_id": "408336", "title": "", "text": "\"Gold had value because it could be stamped with a value.  The value is the number on the coin.   Gold really doesn't have intrinsic value and it's value during a actual famines is very very low.  For more info, see a very interesting digression in \"\"Wealth of Nations.\"\"\""}
{"_id": "408362", "title": "", "text": "\"I've got \u00a3476,000 but the maximum house price is \u00a3450,000. What   happens to the \u00a326,000. Does it stay there with ~6% interest (and no bonus of course), and would be available when I retire at around 75 (there would be about \u00a3106,000 by then)? Yes, anything you don't withdraw for your house purchase stays in the Lifetime ISA and keeps growing there. Also you do keep the bonus on it, which was paid at the time you subscribed, unless you make a withdrawal before age 60. After age 60 you can withdraw and keep the bonus. Note that you need to be buying with a mortgage to be allowed to use the lifetime ISA money (without penalty). This is mentioned on the gov.uk website as well as in the actual regulations that establish lifetime ISAs (search for \"\"first time residential purchase\"\" and look at clause (6)). That would mean you'd need to withdraw even less than the \u00a3450K and artificially borrow the rest. All that said, I suspect the \u00a3450K limit would be raised by 2049, given inflation. Can I buy a house and \"\"quickly\"\" sell it again, to simply access the money, The regulations say that on completion of the purchase, you must \"\"occupy the land as their only or main residence\"\" (there are a few exceptions, such as if it's still being built, or if you are at the time posted abroad by the government, but essentially you have to move in as soon as possible). There's no time limit stated in the regulations, so in theory you could move in and then sell quite fast, but personally I'd be nervous about this being seen as not genuinely intending it to be my main residence. In theory you could be prosecuted for fraud if you claimed a valid withdrawal when it wasn't, though given the wording of the regulations it looks like you'd be complying with the letter of the law.\""}
{"_id": "408369", "title": "", "text": "I got the distinct feeling that the writer had no clue what the western shore of Michigan is like - they kept making it sound like Flint, when Benton Harbor is just a poor spot in a string of tourist towns and lake houses."}
{"_id": "408373", "title": "", "text": "I suggest opening a Credit Card that doesn't charge Foreign currency conversion fees. Here is the list of cards without such a fee, Bankrate's Foreign transaction fee credit card chart"}
{"_id": "408375", "title": "", "text": "\"Since I can't vote up the answer yet, I will agree with it here. I find the best tactic when you call is to tell them you have an offer in hand and will use it if they don't match the rate exactly or discount it enough to save you the trouble of going through the process of a balance transfer. So if they balk and say \"\"No,\"\" then walk and go (to the in hand offer). Just remember, the worst they can say is \"\"No.\"\"  If you don't even bother to ask, it's as if you did and they said \"\"No,\"\" as either scenario leaves you with the same result: an unchanged interest rate.\""}
{"_id": "408388", "title": "", "text": "Interesting question.  I would need to look at the actual wording on the subsidies themselves.  I\u2019ll dig around.  In the mean time, do you have any suggestions that could narrow down my search?  Many times, these things are riders on other bills, to both get it passed and to give them an out if someone is called on it."}
{"_id": "408392", "title": "", "text": "Yes of course I do, I'm an academic working in Healthcare. And I used to work in the NHS, which the economists who specialise in healthcare have never done. They idea that anyone within healthcare can act as an efficient consumer, is a fundamentally flawed concept."}
{"_id": "408398", "title": "", "text": "I understand that it is an evil people have to put up with. I would still bitch about it regardless of whether it is something I use or not (CFDs, which I think are dangerous, should not be banned IMO). But then again, this is off topic.  On the issue, to my understanding (and putting aside whether the 25k minimum applies to futures or future options as well), if you buy an option on a future, and if it works anything like a stock option in terms of paying a premium for a right to buy the underlying security (call option), then technically you would have the RIGHT, but not obligation to buy a future at a past price. I am not an export on futures or options, but from my understanding, that is what I understood future options to be . I first heard about them from Jim Rogers in hot commodities. For more info see: http://www.investopedia.com/articles/optioninvestor/02/061302.asp"}
{"_id": "408411", "title": "", "text": "Dallas. I didn't say comfortable, I said happy. Being poor was much harder than not (thankfully, we're not any more) but we were fine and we never took (although we could have) govt assistance beyond standard tax credits. My wife is a great cook, she works wonders on a budget and there are creative ways to handle childcare, transportation and schedules as some here have already mentioned."}
{"_id": "408434", "title": "", "text": "You can have multiple W2 forms on the same tax return. If you are using software, it will have the ability for you to enter additional W2 forms. If you are doing it by paper, just follow the instructions and combine the numbers at the correct place and attach both.  Similarly you can also have a 1099 with and without a W2. Just remember that with a 1099 you will have to pay the self employment tax ( FICA taxes, both employee and employer) and that no taxes will be withheld. You will want to either adjust the withholding on your main job or file quartely estimated taxes. Travel reimbursement should be the same tax exempt wise. The difference is that with a 1098, you will need to list your business expenses for deduction on the corresponding tax schedule. The value on the 1099 will include travel reimbursement. But then you can deduct your self employment expenses. I believe schedule C is where this occurs."}
{"_id": "408435", "title": "", "text": "Proof of funds for funding firms are used to determine if you have any money before they lend to you. (determine risk of lending to you if you defaulted) If you came in with 10 million dollars, the firms will turn a blind eye to any money laundering regulations and just lend to you."}
{"_id": "408465", "title": "", "text": "\"There is no such thing as a correct value. There are different ways to calculate (read: guess) an anticipated value, but neither of them is the \"\"correct\"\" one. Last not least this depends on your interpretation of the term \"\"correct\"\" in that context.  Why do you think paid Facebook such a huge amount for WhatsApp? Surely not, because it was the \"\"correct\"\" value.\""}
{"_id": "408474", "title": "", "text": "\"Overall LCR is good for the financial system and makes for healthier, more liquid banks. But some of the assumptions are heavy-handed.  For instance, if a Non-Bank FI has a revolver used for backstop (subscription facilities), LCR assumes they will draw 100% of the revolver in a 30-day stress case. 100 percent! So the bank has to hold $1 of liquid assets for every $1 of revolver commitment (not even actual lending). \"\"Outflow rates\"\" are similarly conservative for other borrowers - 30% for corporate CP backstop facilities, which are only available to the most creditworthy companies.  Another issue is that some High Quality Liquid Assets actually attract Basel 3 capital. So LCR is forcing banks to hold these assets which increase their B3A/B3S capital requirement. It's double jeopardy.  And of course there's the additional cost and operational risk of implementing and monitoring any new regulation. Banks must hire or train people to calculate LCR, and those people can make mistakes, leading to penalties. However most large banks have been calculating LCR well ahead of the phase-in date.\""}
{"_id": "408508", "title": "", "text": "I'd suggest you take a less is more approach. A few well written summaries and don't sweat it. He doesn't have time to read a novel. My guess would be career interests, more so than personal. Probably just introduce yourself, mention your interest in role/company, your background."}
{"_id": "408518", "title": "", "text": "It looks like with the sale of your current home you have enough liquidity to obtain credit on the best terms without tapping your wife's IRA. The biggest factor to consider is the deduction on mortgage interest which reduces the effective interest on your mortgage significantly, particularly as you jump into a higher tax bracket. Along these lines, deferred retirement savings should have a higher priority than paying down the mortgage or your student loans. Student loans should probably be your biggest priority to pay down. With the mortgage deduction, a 4% rate becomes effectively a 3.4% rate if you are in the 15% bracket, but as low as 2.6% effective rate if you are in the 35% bracket. Both of these are lower than the 3.5% rate that you can get on the student loans after refinancing.  This also assumes you aren't hit with the AMT. This is probably worth the cost of a quick consultation with a tax professional to go over these options and how they affect your taxes."}
{"_id": "408524", "title": "", "text": "Index Funds & ETFs, if they are tracking the same index, will be the same in an ideal world. The difference would be because of the following factors: Expense ratio: i.e. the expense the funds charge. This varies and hence it would lead to a difference in performance. Tracking error: this means that there is a small percentage of error between the actual index composition and the fund composition. This is due to various reasons.  Effectively this would result in the difference between values. Demand / Supply: with ETFs, the fund is traded on stock exchanges like a stock. If the general feeling is that the index is rising, it could lead to an increase in the price of the ETF. Index funds on the other hand would remain the same for the day and are less liquid. This results in a price increase / decrease depending on the market. The above explains the reason for the difference.   Regarding which one to buy, one would need to consider other factors like: a) How easy is it to buy ETFs? Do you already hold Demat A/C & access to brokers to help you conduct the transaction or do you need to open an additional account at some cost. b) Normally funds do not need any account, but are you OK with less liquidity as it would take more time to redeem funds."}
{"_id": "408526", "title": "", "text": "\"Trends and trajectories mean nothing when the market is at an inflection point. You can't predict the future when you don't know what the players have planned.  EDIT: Make that \"\"can't know\"\", since even the big players don't know what they are doing next.\""}
{"_id": "408537", "title": "", "text": "\"You could also look up stock trading games.  Basically, you get x amount of \"\"money\"\" and \"\"invest\"\" it in stocks, trying to get the highest return of the group in y amount of time.  They are a decent way to get used to how different types of trades work without having to risk any real money, while having enough \"\"money\"\" to invest that you can try different things.  Of course, as others have mentioned they may or may not include all the nuances, like minimum investments and brokerage fees, but at least you can learn and see how the different buying and selling options work.\""}
{"_id": "408546", "title": "", "text": "\"With regards to \"\"the stock market,\"\" there are actually two markets involved here: PRIMARY MARKET Value is created in the primary market where capital is exchanged for a residual interest in an opportunity.  As a theoretical example, if a person operating solo (or with a small team) were to discover or create a breakthrough product, such as an retro-aging pill, that person likely wouldn't have the financial means to fully capitalize on his new-found idea.  Others with more capital may also soon discover his idea or improve upon it and exploit it before he has a chance to. For a real life example, a person studying at a California university during the 1990s discovered a method to index internet webpages and was approached by some students after a talk on the subject.  He returned to his native southern Europe country seeking funds to develop the web-indexing business and failed to do so.  Two of the students that approached him found capital readily available from investors in their campus sphere; their business is today one of the biggest in the world.  They had exchanged part of their residual interest for capital to develop their business. The primary market of the stock market works mostly same in creating value.  It is also dependent upon the secondary market. SECONDARY MARKET The secondary market indicates the day-to-day value of an enterprise.  That market allows shareholders to manage their risk appetites and the enterprise's operators to execute their shareholders' interest for gains.  In most cases, a secondary market reference will be used for pricing a primary market issuance.  Without that reference, capital would be allocated less efficiently creating additional costs for all involved, issuers and investors. Consider what would happen if you sought to purchase a house and the mortgage lenders had no indication what the property was worth.  This would make capital very expensive or possibly deny you access to credit.  By having an indication, all involved are better off.  That is value creating. There are some large developed economies' equity markets, such as that in Germany, where many large enterprises stay privately held and credit financing, mostly from banks, is used.  The approach has proven successful as well. So why do some nations' financial markets still rely on capricious stock markets when private credit financing may do just fine in many cases?  It's largely a matter of national culture.  Countries such as the Netherlands, the UK and the US have long had active equity markets in continuous use that investors have trusted for centuries. CONCLUSION When leaders of an enterprise wish to grow the business to a large size with investment from the stock market, they aren't limited by the size of their banks' capital.  Those leaders and their prospective investors will rely on the secondary market to determine values.  In addition, if the leaders raise equity instead of debt capital, they are usually accorded more flexibility to take risks since shareholders usually have their own flexibility to transfer those risks to other investors if for any number of reasons they choose to do so. Stock markets create value in many other ways.  The above are the main ways.\""}
{"_id": "408551", "title": "", "text": "I don't know if Uber will ever have a profitable business but their growth is pretty substantial too.. $500M increase in net revenue from Q4 2016 to Q1 2017.  I combined a few sources of public data and threw them on a chart;   https://i.imgur.com/MnVrStN.png  If they're still growing at 20+% per quarter, that's incredible.  Startups like to talk in terms of revenue run rate, given their quarterly data, they went from a $4b/year company to a $14b/year company in 12 months!"}
{"_id": "408553", "title": "", "text": "\"Let's handle this as a \"\"proof of concept\"\" (POC); OP wants to buy 1 share of anything just to prove that they can do it before doing the months of painstaking analysis that is required before buying shares as an investment. I will also assume that the risks and costs of ownership and taxes would be included in OP's future analyses. To trade a stock you need a financed broker account and a way to place orders. Open a dealing account, NOT an options or CFD etc. account, with a broker. I chose a broker who I was confident that I could trust, others will tell you to look for brokers based on cost or other metrics. In the end you need to be happy that you can get what you want out of your broker, that is likely to include some modicum of trust since you will be keeping money with them. When you create this account they will ask for your bank account details (plus a few other details to prevent fraud, insider trading, money laundering etc.) and may also ask for a minimum deposit. Either deposit enough to cover the price of your share plus taxes and the broker's commission, plus a little extra to be on the safe side as prices move for every trade, including yours, or the minimum if it is higher. Once you have an account the broker will provide an interface through which to buy the share. This will usually either be a web interface, a phone number, or a fax number. They will also provide you with details of how their orders are structured. The simplest type of order is a \"\"market order\"\". This tells the broker that you want to buy your shares at the market price rather than specifying only to buy at a given price. After you have sent that order the broker will buy the share from the market, deduct the price plus tax and her commission from your account and credit your account with your share.\""}
{"_id": "408571", "title": "", "text": "In 1997, the late David Bowie famously worked with a financier to innovate on a bond issue to be paid back by the royalties on his back catalog, Bowie Bonds  Several contemporary musicians followed suit, but Madonna was not one of them.  At some point this may change and Madonna or the label that owns part of the catalog may issue bonds backed by royalties.   Madonna's catalog pre-2007 is owned by Warner Music which in 2011 was sold by Time-Warner to a private equity company Access Industries.   Madonna's post 2007 music including the latest 2015 release is in partnership with LiveNation, a publicly traded company LYV."}
{"_id": "408582", "title": "", "text": "If there were no contribution limits, you could shelter practically all of your income from income tax. The government would not have sufficient tax revenue. Hence, there are limits which ensure some personal income remains taxable today. Similarly, when you retire, there are rules for minimum required distributions (withdrawals) which ensure the government gets to tax some of your income each year in your retirement, depending on the account type. One other advantage of limits is to encourage people to approach saving for retirement using regular, ongoing contributions made in the context of each year's limit. The limit, in a sense, can be a form of guidance. Some aim to contribute to the limit, and some even save beyond it using plain taxable investments."}
{"_id": "408589", "title": "", "text": "The right way to develop confidence is to get educated. Confidence can come from many sources, but the right source of confidence is an understanding of how markets work. Markets react (and overreact) to news. I think the biggest factor to trading successfully is to not allow emotion to drive you. You should determine how much you are comfortable gaining and losing and set those in limit and stop orders rather than just using market orders all of the time. As I've grown in my understanding of the market, I find it much more rare that I feel confident enough to make a specific bet. Most of my money is allocated in index funds, and I only buy and sell small amounts to reset the percentages according to a preset allocation plan. I still keep some cash available for speculative trades in the account where those trades will add the most value."}
{"_id": "408610", "title": "", "text": "\"Google is a poor example since it doesn't pay a dividend (and doesn't expect to), so let's use another example with easy numbers. Company X has a stock price of $100, and it pays a quarterly dividend (many companies do). Let's assume X pays a dividend of $4. Dividends are always quoted in annual terms, as is dividend yield. When a company says that they pay \"\"quarterly dividends,\"\" it means that the company pays dividends every quarter, or every 3 months.  BUT, if a company has a $4 dividend, you will not receive $4 every quarter per share. You will receive $4/4 = $1 per share, every quarter. So over the course of a fiscal year, or 4 quarters, you'll get $1 + $1 + $1 + $1 = $4 per share, which is the annual dividend.  The dividend yield = annual dividend/stock price. So in this case, company X's div. yield will be $4/$100 * 100 = 4%. It's important to note that this is the annual yield. To get the quarterly yield, you must divide by 4. It's also important to note that the yield fluctuates based on stock price, but the dividend payment stays constant unless the company states an announcement. For a real world example, consider Intel Corp. (TICKER: INTC) http://finance.yahoo.com/q?s=INTC The share price is currently $22.05, and the dividend is $0.84. This makes the annual yield = $0.84/$22.05 * 100 = 3.80%. Intel pays a quarterly dividend, so you can expect to receive $0.21 every quarter for every share of Intel that you own. Hope that clears it up!\""}
{"_id": "408628", "title": "", "text": "Account statements and the account information provided by your personal finance software should be coming from the same source, namely your bank's internal accounting records. So in theory one is just as good as the other. That being said, an account statement is a snapshot of your account on the date the statement was created, while synchronizations with your personal finance application is dynamically generated upon request (usually once a day or upon login).  So what are the implications of this? Your account statement will not show transactions that may have taken place during that period but weren't posted until after the period ended (common with credit card transactions and checks). Instead they'd appear on the next statement. Because electronic account synchronizations are more frequent and not limited to a specific time period those transactions will show up shortly after they are posted. So it is far easier to keep track of your accounts electronically. Every personal finance software I've ever used supports manual entries so what I like to do is on a daily basis I manually enter any transaction which wasn't posted automatically. This usually only takes a few minutes each evening. Then when the transaction eventually shows up it's usually reconciled with my manually entered one automatically.  Aside from finding (infrequent) bank errors this has the benefit of keeping me aware of how much I'm spending and how much I have left. I've also caught a number of cashier errors this way (noticing I was double-charged for an item while entering the receipt total) and its the best defense against fraud and identity theft I can think of. If you're looking at your accounts on a daily basis you're far more likely to notice an unusual transaction than any monitoring service."}
{"_id": "408648", "title": "", "text": "Do you planning for going Manuel Antonio beach situated in the Costa Rica for your vacation and you need a rental villa for stay? If yes Vista Hermosa Estate is the best option for you it is a Luxury Villa Rentals for vacation with the luxurious facilities and it is near the beach site."}
{"_id": "408661", "title": "", "text": "I mean isn't it implied that cash flows increase by the amount of the benefit of the investment each year? I'm a little shaky on cash flows tbh. My scope may be limited compared to yours I've never taken a financial management class but just from financial accounting knowledge since I recently finished that, it seems like cash flows would be increased if revenues are increased. Unless the revenue increase is for some reason solely in the form of accounts receivable or some asset other than cash."}
{"_id": "408694", "title": "", "text": "\"The secret is: you need to learn things in school, and be able to apply them in the real world in a way that creates value to someone.  It doesn't matter if it's CS, Physics, English or Swahili.  Or you can create value with no degree at all.  In reality, it's far easier to \"\"create value\"\" by taking STEM fields, as you say.  But students should never look at a degree as the answer to anything.\""}
{"_id": "408695", "title": "", "text": "its the best investment you can have specially with the company you work for and IPO, if i was you i would invest in more then just the minimum since its IPO. ask you your manager or supervisor how much are they buying the stocks for if they are doing it the go for it you'll be okay just keep track of it regular sometime you can invest more as time go by. You can get the idea by how much production your company is doing, if your company's profit going up chances are you need to buy more."}
{"_id": "408723", "title": "", "text": "Check global ATM alliance they are banks that use reciprocal benefits on each other in other countries without fees. For example the in the USA Bank of America and In France it is BNP Paribas. Both are banks in this alliance. I use this option between the United States and the Caribbean my banks of choice are Bank of America in the US and in the Caribbean I use Scotia Bankand since I have accounts in both weekends I can use both ATM cards on any of these two banks without any processing fees!!!!  You should check the global ATM  alliance to see if it is an option that you could use."}
{"_id": "408724", "title": "", "text": "You can't be doing it yourself. Only your employer can do it. If the employer doesn't provide the option - switch employers. The only way for you to do it yourself is if you're the employer, i.e.: self-employed."}
{"_id": "408742", "title": "", "text": "No, the 120 days rule only applies in cases of delay or cancellation. If the purchase went through and you got additional money elsewhere - you cannot re-deposit the distribution back. See IRC Sec. 72(t)(8)(E): If any distribution from any individual retirement plan fails to meet   the requirements of subparagraph (A) solely by reason of a delay or   cancellation of the purchase or construction of the residence, the   amount of the distribution may be contributed to an individual   retirement plan as provided in section 408 (d)(3)(A)(i) (determined by   substituting \u201c120th day\u201d for \u201c60th day\u201d in such section)"}
{"_id": "408755", "title": "", "text": "Housing prices are inseparable from the job market of an area. The 40k you want to use as a down payment will buy an entire house outright in many places of the country that have no jobs. If your job is mobile why not follow cheap housing, even if it is just to rent?"}
{"_id": "408756", "title": "", "text": "Inflation is low because middle class salaries/wages have stagnated (in addition to the fact their their measures of inflation aren't relevant to the thinning middle who are seeing their real earnings decrease).  I mean it's not that difficult to understand and all their data points to this reality.  If they can't explain why, it's because they don't want to have to explain it."}
{"_id": "408763", "title": "", "text": "You can improve your credit score simply by being an authorized user on someone's credit card account.  They don't even physically have to give you a card to use, they can just add you to the account as an authorized user and your credit score will be affected.  Be forewarned though, it can be negatively impacted as well.  Only participate in such a scheme if it's with someone trustworthy and reliable."}
{"_id": "408782", "title": "", "text": "Immersive Media offers a wide range of website design services. They can help create your website, regardless if it is a one-page brochure or a complex online site. They can also utilise different content management systems for this task such as WordPress and Drupal. Visit their website at https://www.imwebdesignmarketing.co.uk/ for more details."}
{"_id": "408800", "title": "", "text": "\"The four countries we examined\u2014Canada, the United Kingdom, Germany, and France\u2014have separated their air traffic control functions from their safety oversight and regulatory functions, the report said. \"\"While safety and regulatory functions remain government-controlled, each nation has commercialized its air traffic control function into an [Air Navigation Service Provider] using various organizational structures.\"\" http://thehill.com/policy/transportation/253073-audit-finds-significant-differences-in-private-air-traffic-control\""}
{"_id": "408833", "title": "", "text": "I think you swung there prematurely, I don't believe he was making a case for deep tax cuts for the rich. And no, I'm not a pro 1%er. This tax proposal will turn out to be a boondoggle like everything else we've seen so far from this admin. It's a solution unto itself, not actually trying to solve a substantial problem for the majority of citizens.   It's always hilarious to me that, somehow, tax cuts for corporations will somehow motivate them to hire idle workers because they have a little more cash in the coffers. When did supply and demand go away?"}
{"_id": "408865", "title": "", "text": "Be radical! (I assume you are not working for a city bank getting paid \u201ccity wages\u201d \u2013 e.g. you are one of the 99% of people in London or more \u201cnormal\u201d income.) House prices and rents in London and anywhere within reasonable commuting distances are now so high that couples in reasonable jobs often have to rent rooms in shared houses (HMOs).   This is due to so many people wishing to live/work in London and there not being enough new homes built.  If you are looking at buying a property to rent out, you need the rent to be about double the interest payments on the mortgage \u2013 otherwise you will not be able to afford repairs, or cope when interest rates increase \u2013 (you could also get a tax bill that is more the your profit).   Finding such a property is very hard in London, as the prices of homes have gone up a lot more in London then rents have.     There are still some flats where the rent will cover the landlord\u2019s costs, but not many.   (Any landlord that brought more than a few years ago, is making a very nice profit in London, as the rents have gone up a lot since they brought \u2013 but are you willing to bet your life on the rents going up even more?) Moving a short distance out of London, does not help much. So look at somewhere like Manchester or Birmingham"}
{"_id": "408886", "title": "", "text": "Of course, great and friendly service isn\u2019t as wonderful if you have to wait too long to receive it. Some Air Conditioning Cleaning Services have a timely service guarantee, which is definitely something to look for. Along with timely service, being able to easily and efficiently contact the service provider is equally important. Both Express Aircon Cleaning and Fresh Aircon Services offer multiple ways to get in touch with their business, both online and by phone."}
{"_id": "408892", "title": "", "text": "\"&gt;If Microsoft increased salaries by 30%, they could solve this \"\"problem\"\" tomorrow.  The other way they could easily solve the problem is to stop pretending that developers cannot easily learn a new skill on the job that they do not currently have.   The reason why the skills shortage is totally false is that _companies can easily train programmers to have new skills_ but always refuse to do so.\""}
{"_id": "408906", "title": "", "text": "Yeah Lenovo took over IBM PC systems in 2005, it was a Chinese based company. Now it looks like they will be making PCs in the USA again along with workstation and servers.  Need I mention that Lenovo PCs work great with Linux as well?"}
{"_id": "408918", "title": "", "text": "\"Largely, because stock markets are efficient markets, at least mostly if not entirely; while the efficient market hypothesis is not necessarily 100% correct, for the majority of traders it's unlikely that you could (on the long term) find significant market inefficiencies with the tools available to an individual of normal wealth (say, < $500k). That's what frequent trading intends to do: find market inefficiencies.  If the market is efficient, then a stock is priced exactly at what it should be worth, based on risk and future returns.  If it is inefficient, then you can make more money trading on that inefficiency versus simply holding it long.  But in stating that a stock is inefficient, you are stating that you know something the rest of the market doesn't - or some condition is different for you than the other million or so people in the market.  That's including a lot of folks who do this for a living, and have very expensive modelling software (and hardware to run it on).  I like to think that I'm smarter than the far majority of people, but I'm probably not the smartest guy in the room, and I certainly don't have that kind of equipment - especially with high frequency trading nowadays. As such, it's certainly possible to make a bit of money as a trader versus as a long-term investor, but on the whole it's similar to playing poker for a living.  If you're smarter than most of the people in the room, you might be able to make a bit of money, but the overhead - in the case of poker, the money the house charges for the game, in the case of stocks, the exchange fees and broker commissions - means that it's a losing game for the group as a whole, and not very many people can actually make money.  Add to that the computer-based trading - so imagine a poker game where four of the eight players are computer models that are really good (and actively maintained by very smart traders) and you can see where it gets to be very difficult to trade at a profit (versus long term investments, which take advantage of the growth in value in the company). Finally, the risk because of leverage and option trading (which is necessary to really take advantage of inefficiencies) makes it not only hard to make a profit, but easy to lose everything.  Again to the poker analogy, the guys I've known playing poker for a living do it by playing 10-20 games at once - because one game isn't efficient enough, you wouldn't make enough money.  In poker, you can do that fairly safely, especially in limit games; but in the market, if you're leveraging your money you risk losing a lot.  Every action you take to make it \"\"safer\"\" removes some of your profit.\""}
{"_id": "408932", "title": "", "text": "Dealer financing should be ignored until AFTER you have agreed on the price of the car, since otherwise they tack the costs of it back onto the car's purchase price. They aren't offering you  a $2500 cash incentive, but adding a $2500 surcharge if you take their financing package -- which means you're actually paying significantly more than 0.9% for that loan! Remember that you can borrow from folks other than the dealer. If you do that, you still get the cash price, since the dealer is getting cash. Check your other options, and calculate the REAL cost of each, before making your decisions. And remember to watch out for introductory/variable rates on loans! Leasing is generally a bad deal unless you intend to sell the car within three years or so."}
{"_id": "408966", "title": "", "text": "Yeah, but how many 1970s gold bugs invested early? Paul strikes me as typical of the breed: reactive and reactionary. Probably  acquired a stack of double eagles and gold stocks in 1975, at the peak of the Arab oil embargo inflation--as did others I know.  Even worse, Paul's leveraged equities short fund would have destroyed him over the same period. So the unanswered critical question remains: when did he dive into gold and shorts?"}
{"_id": "408983", "title": "", "text": "There are many reasons, which other answers have already discussed. I want to emphasize and elaborate on just one of the reasons, which is that it avoids double taxation, especially on corporate earnings.  Generally, for corporations, its earnings are already taxed at around 40% (for the US - including State income taxes). When dividends are distributed out, it is taxed again at the individual level. The effect is the same when equity is sold and the distribution is captured as a capital gain. (I believe this is why the dividend and capital gain rates are the same in the US.) For a simplistic example, say there is a C Corporation with a single owner. The company earns $1,000,000 before income taxes. It pays 400,000 in taxes, and has retained earnings of $600,000. To get the money out, the owner can either distribute a dividend to herself, or sell her stake to another person. Either choice leads to $600,000 getting taxed at another 20%~30% or so at the individual level (depending on the State). If we calculate the effective rate, it is above 50%! Many people invest in stock, including mutual funds, and the dividends and capital gains are taxed at lower rates. Individual tax returns that contain no wage income often have very low average tax rates for this reason. However, the investments themselves are continuously paying out their own taxes, or accruing taxes in the form of future tax liability."}
{"_id": "408994", "title": "", "text": "Unfortunately, that's a call only you can make and whichever route you choose comes with advantages and disadvantages.  If you manage your money directly, you may significantly reduce costs (assuming that you don't frequently trade index funds or you use a brokerage like RobinHood) and take advantage of market returns if the indexes perform well.  On the other hand, if the market experiences some bad years, a professional might (and this is a huge might) have more self-discipline and prevent a panic sell, or know how to allocate accordingly both before and after a rise or fall (keep in mind, investors often get too greedy for their own good, like they tend to panic at the wrong time).  As an example of why this might is important: one family member of mine trusted a professional to do this and they failed; they bought in a rising market and sold in a falling market. To avoid the above example, if you do go with the professional service, the best course of action is to look at their track record; if they're new, you might be better on your own.  Since I assume this one or more professionals at the company, testing to see what they've recommended over the years might help you evaluate if they're offering you a good choice. Finally, depending on how much money you have, you could always do what Scott Adams did: he took a portion of his own money and managed it himself and tested how well he did vs. how well his professional team did (if I recall, I believe he came out ahead of his professional team).  With two decades left, that may help guide you the rest of the way, even through retirement."}
{"_id": "408995", "title": "", "text": "I would recommend looking at The Motley Fool."}
{"_id": "409004", "title": "", "text": "In my opinion, Americans are so tired of depressing news that they just tuned it out. For the last 3 years we have been hearing about the next depression and people acted accordingly.   This year, it seems like people just stopped giving a shit - hence the best Black Friday ever."}
{"_id": "409039", "title": "", "text": "Generally, it is considered a bad idea to put significant parts of your money in your own employer's stock, no matter how great the company looks right now. The reason is the old 'don't put all your eggs in one basket'. If there is ever a serious issue with your company, and you lose your job because they go down the drain, you don't only lose your job, but also your savings (and potentially 401k if you have their stock there too). So you end unemployed and without all your savings. Of course, this is a generic tip, and depending on the situation, it might be ok to ignore it, that's your decision. Just remember to have an eye on it, so you can get out while they are still floating - typically employees are not the first to know when it goes downhill, and when you see it in the papers, it's too late. Typically, you get a more secure and independent return-on-invest by buying into a well-managed mixed portfolio"}
{"_id": "409053", "title": "", "text": "This website is the top Free guide online to help people decide which program will help them make money online working from home. Every program we review is ranked by 7 different unique factors and the top 3 ranked products are listed. We welcome you to submit a review of a product so we can add it to our list. *Read more...* http://www.profitbank.com/index-22007.html"}
{"_id": "409058", "title": "", "text": "\"Until we have full automation for needs: my point stands.   The government is currently run by people, they should also get as well as corporate governances. It's a problem when the CEO of GM or AIG can pull down millions a year while putting the entire economy in the dumps.  All while the president makes $400K.  You get strange candidates as the norm.  Nobody has defined \"\"basic needs\"\".  Even when it comes to \"\"basic medical coverage\"\".  Is there a dollar cap? A service cap?    It is very hard to draw a line in between unlimited and anything else.  Service X is covered, but Service Y is not. Why: Cost? Efficacy? Above Basic?\""}
{"_id": "409086", "title": "", "text": "No, there is no significant harm to discussing this. Outside of possibly getting bad advice, excessive advice, or complaints that others just aren't interested..."}
{"_id": "409103", "title": "", "text": "\"You should be handling it in another way. You cannot, strictly speaking, have AR entry if you didn't issue an invoice. You should record it as a current income. Unless you're on accrual basis (in which case you could either create a \"\"dummy\"\" invoice or not accrue this income), AR has no real meaning to you.  AR means that you billed someone and you have the right to the money. With Amazon affiliate program you do not have the right to the money until they decide you do, and once they do decide that - they just pay you.\""}
{"_id": "409108", "title": "", "text": "83(b) election requires you to pay the current taxes on the discount value. If the discount value is 0 - the taxes are also 0. Question arises - why would someone pay FMV for restricted stocks? That doesn't make sense. I would argue, as a devil's advocate, that the FMV is not really fair market value, since the restriction must have reduced the price you were willing to pay for the stocks. Otherwise why would you buy the stocks at full price - with strings attached that could easily cost you the whole amount you paid?"}
{"_id": "409113", "title": "", "text": "This article is better: http://www.washingtonpost.com/news/act-four/wp/2014/08/05/the-fight-over-sherlock-holmes-and-how-copyright-changes-pop-culture/  Especially the following paragraphs &amp; points:  &gt;&gt;The long-running \u201cHouse,\u201d whose painkiller-addicted main character owes a heavy debt to the famous sleuth and his cocaine dependency, focused on the relationship between brilliance and substance abuse. Robert Downey Jr.\u2019s turn as Holmes in Guy Ritchie\u2019s films gave the detective a more active relish for the London underworld, with the addition of a talent for bareknuckle boxing. And \u201cSherlock,\u201d a co-production of the BBC and Boston\u2019s WGBH public television station, explores the intimacy of friendship between men with a tenderness and emotional intelligence that is rare in popular culture.  &gt;&gt;**All of this variation is possible because the copyright on Conan Doyle\u2019s stories has lapsed.** We have a rather less encouraging creative example of what happens before works come out of copyright in the current superhero movie landscape: If you have ever wondered why Spider-Man movies keep arriving in theaters on a regular basis, you can look no further than copyright and licensing. Sony, rather than Marvel Studios, owns the rights to the webslinger. But to hold onto those rights, Sony has to keep using them. Otherwise, Spidey reverts back to his parent entertainment conglomerate, as was the case with Daredevil, who returned to Marvel after a stint at Twentieth Century Fox. The company cannot just wait until the public has forgotten Tobey Maguire\u2019s stint in the red-and-blue suit and is hungry for a riff on the character from someone new."}
{"_id": "409120", "title": "", "text": "You're absolutely correct. If you have maxed out your retirement investment vehicles and have some additional investments in a regular taxable account, you can certainly use that as an emergency source of funds without much downside. (You can borrow from many retirement account but there are downsides.) Sure, you risk selling at a loss when/if you need the money, but I'd rather take the risk and take advantage of the investment growth that I would miss if I kept my emergency fund in cash or money market. And you can choose how much risk you're willing to take on when you invest the money."}
{"_id": "409124", "title": "", "text": "\"If you have a president who thinks climate change is a fantasy, why should one waste time advising him on how to deal with it? And I know climate change has occurred throughout the time but not at this pace and is certainly to a large extend our fault.   And can you explain to me what an advisory council represents? It's not meant to be there to fight for your \"\"ideas\"\". It is there to advise the president on how to act according to their knowledge. Let's be honest. He doesn't listen to the advice of the members. He made up his mind a long time ago. Correct me if I am wrong.\""}
{"_id": "409133", "title": "", "text": "Together the founders represent 100% of the outstanding stock, so they can do it however they like."}
{"_id": "409147", "title": "", "text": "so if we rent it out we don't want to just charge what we're paying on our mortgage - we'd definitely be losing money if we did that. I think you're overlooking one thing: your profit/loss is not monthly. Your profit is the property that's left after the mortgage ends. Even if you have to add extra $100 every month because you rent lower than the mortgage + maintenance + taxes, after 30 years you're left with property worth ie.$200k while you've paid for it ie. 30 years * 12 months * $100 = $36k. You can rent it lower than your costs and still make a profit in the long run."}
{"_id": "409150", "title": "", "text": "\"If they go into \"\"high\"\" finance such as investment banking or hedge funds, definitely. But even some of the lower finance jobs (ie the bottom half of the Harvard students graduating with jobs in finance) have a reasonable shot at 200k/yr by age 30.\""}
{"_id": "409156", "title": "", "text": "\"Like I said, the heat index is just a \"\"how it feels\"\" calculation. I never said the heat index determines evaporation, just that the calculation for getting the heat index is based on humidity and temperature.  The dew point (based on temperature AND humidity) is what governs evaporation.  The dew point is the temperature at which water will evaporate given a specific relative humidity.  In other words, you can't calculate the dew point unless you know the humidity.  If your skin temp is lower than the dew point, water will condense on your skin.  It doesn't matter if other things are cooler than your skin. Water may condense on those items more quickly, but it will still condense on you.\""}
{"_id": "409157", "title": "", "text": "\"However this seems off because I would essentially be purposely   filling out a form incorrectly. Note that the only part of the W-4 form that is required to be filled out and given to the employer is the small certificate at the bottom that you tear off. In this part, it only asks you for \"\"Total number of allowances you are claiming\"\". You don't have to fill out any of the worksheets in the other parts of the form, which actually ask for specific information. Since there are different allowed ways of computing the \"\"Total number of allowances you are claiming\"\", I doubt that any number you put there can be said to be \"\"incorrect\"\". I think that the best to use the IRS Withholding Calculator. If you use it, the calculator will probably tell you to claim a few more exemptions. And you don't have to feel bad about \"\"filling the form incorrectly\"\" if you follow the IRS calculator.\""}
{"_id": "409175", "title": "", "text": "That's the thing, most of the '60s generation wasn't part of the protest movements, well outside perhaps the anti-war stuff.  There was a very vocal minority that was into revolutionary politics, most people always are conservative and part of society and cling to it."}
{"_id": "409184", "title": "", "text": "Generally speaking the bank accounts and credit card accounts remain open.  Banks and the credit card companies don't monitor public records on a daily basis.  Instead, whoever is handling your estate will need to obtain copies of your death certificate and they will then search your paper records to identify all accounts (reason to get your act together - there are books on the subject).  The executor will work with the banks and card companies to make sure all your charges and payments clear (common to have them open for months or even a year) and to make close or transfer autopays.  They will make sure to notify the credit agencies to flag your accounts so no new accounts can be created.  MANY copies of the death certicates are needed."}
{"_id": "409190", "title": "", "text": "\"Below I will try to explain two most common Binomial Option Pricing Models (BOPM) used. First of all, BOPM splits time to expiry into N equal sub-periods and assumes that in each period the underlying security price may rise or fall by a known proportion, so the value of an option in any sub-period is a function of its possible values in the following sub period. Therefore the current value of an option is found by working backwards from expiry date through sub-periods to current time. There is not enough information in the question from your textbook so we may assume that what you are asked to do is to find a value of a call option using just a Single Period BOPM. Here are two ways of doing this: First of all let's summarize your information: Current Share Price (Vs) = $70 Strike or exercise price (X) = $60 Risk-free rate (r) = 5.5% or 0.055 Time to maturity (t) = 12 months Downward movement in share price for the period (d) = $65 / $70 = 0.928571429 Upward movement in share price for the period (u) = 1/d = 1/0.928571429 = 1.076923077 \"\"u\"\" can be translated to $ multiplying by Vs => 1.076923077 * $70 = $75.38 which is the maximum probable share price in 12 months time. If you need more clarification here - the minimum and maximum future share prices are calculated from stocks past volatility which is a measure of risk. But because your textbook question does not seem to be asking this - you probably don't have to bother too much about it yet. Intrinsic Value: Just in case someone reading this is unclear - the Value of an option on maturity is the difference between the exercise (strike) price and the value of a share at the time of the option maturity. This is also called an intrinsic value.  Note that American Option can be exercised prior to it's maturity in this case the intrinsic value it simply the diference between strike price and the underlying share price at the time of an exercise. But the Value of an option at period 0 (also called option price) is a price you would normally pay in order to buy it. So, say, with a strike of $60 and Share Price of $70 the intrinsic value is $10, whereas if Share Price was $50 the intrinsic value would be $0. The option price or the value of a call option in both cases would be fixed.  So we also need to find intrinsic option values when price falls to the lowest probable and rises to the maximum probable (Vcd and Vcu respectively) (Vcd) = $65-$60 = $5 (remember if Strike was $70 then Vcd would be $0 because nobody would exercise an option that is out of the money) (Vcu) = $75.38-$60 = $15.38 1. Setting up a hedge ratio:  h = Vs*(u-d)/(Vcu-Vcd) h = 70*(1.076923077-0.928571429)/(15.38-5) = 1 That means we have to write (sell) 1 option for each share purchased in order to hedge the risks. You can make a simple calculation to check this, but I'm not going to go into too much detail here as the equestion is not about hedging. Because this position is risk-free in equilibrium it should pay a risk-free rate (5.5%). Then, the formula to price an option (Vc) using the hedging approach is: (Vs-hVc)(e^(rt))=(Vsu-hVcu) Where (Vc) is the value of the call option, (h) is the hedge ratio, (Vs) - Current Share Price, (Vsu) - highest probable share price, (r) - risk-free rate, (t) - time in years, (Vcu) - value of a call option on maturity at the highest probable share price. Therefore solving for (Vc): (70-1*Vc)(e^(0.055*(12/12))) = (75.38-1*15.38) => (70-Vc)*1.056540615 = 60 => 70-Vc = 60/1.056540615 => Vc = 70 - (60/1.056540615)  Which is similar to the formula given in your textbook, so I must assume that using 1+r would be simply a very close approximation of the formula above. Then it is easy to find that Vc = 13.2108911402 ~ $13.21 2. Risk-neutral valuation: Another way to calculate (Vc) is using a risk-neutral approach. We first introduce a variable (p) which is a risk-neutral probability of an increase in share price. p = (e^(r*t)-d)/(u-d) so in your case: p = (1.056540615-0.928571429)/(1.076923077-0.928571429) = 0.862607107 Therefore using (p) the (Vc) would be equal: Vc = [pVcu+(1-p)Vcd]/(e^(rt)) => Vc = [(0.862607107*15.38)+(0.137392893*5)]/1.056540615 => Vc = 13.2071229185 ~ $13.21 As you can see it is very close to the hedging approach. I hope this answers your questions. Also bear in mind that there is much more to the option pricing than this. The most important topics to cover are: Multi-period BOPM Accounting for Dividends Black-Scholes-Merton Option Pricing Model\""}
{"_id": "409207", "title": "", "text": "As Chris pointed out: If your expenses are covered by the income exactly, as you have said to assume, then you are basically starting with a $40K asset (your starting equity), and ending with a $200K asset (a paid for home, at the same value since you have said to ignore any appreciation). So, to determine what you have earned on the $40K you leveraged 5x, wouldn't it be a matter of computing a CAGR that gets you from $40K to $200K in 30 years? The result would be a nominal return, not a real return. So, if I set up the problem correctly, it should be: $40,000 * (1 + Return)^30 = $200,000 Then solve for Return. It works out to be about 5.51% or so."}
{"_id": "409217", "title": "", "text": "What you just said doesn't make any sense. The prices of goods and services are set to suit our income levels. We make a choice about how we spend our income.   I don't think a road sweeper should be expected to pay 5 times more land value tax, just because the area they live is now a favourite with wealthy people, with golf courses and wine bars they can't afford to use and outrageous house prices. Land Value tax would just exacerbate the problems of real estate bubbles."}
{"_id": "409230", "title": "", "text": "On the revenue only. This amount of 10$ will be considered as interest and fully taxable. It will not be a capital gain. But why would you decide to declare it as an income? 100$ is insignificant. If you lend small amount to friends it cannot be considered a lending business."}
{"_id": "409266", "title": "", "text": "\"Just like foreclosing is less than optimal for the banks, a tax sale has drawbacks for the county.  At a minimum, there the manpower needed to process the foreclosure and sale, and in many cases the value for which the property can be sold is probably less than the taxes due.  The problem is this flies in the face of the \"\"personal responsibility\"\" talking point that many bankers have been spreading since the beginning of the financial crisis.  It's a moral failing for a homeowner to walk away from an upside-down mortgage, but when the bank does the same thing for a tax bill it's a simple business decision.\""}
{"_id": "409274", "title": "", "text": "I asked this exact same question in class one day. I believe the solution was the board of governors would be the ones still in control. Might be more to it than just that.   People laughed at me when i asked this question! F them! Its a good question!"}
{"_id": "409284", "title": "", "text": "\"Fair enough. FB extends out quite a bit from its core as billing software, but I don't know if it'd do the kind of inventory management you want. SAP, on the other hand, is as pricey as it is because it's *powerful* and \"\"enterprise ready\"\" ... probably way more than you need (or enough rope to hang yourself with, as they say). I wonder if the best solution might be to hire a competent contractor to fix / upgrade whatever your current system is lacking.   I still recommend taking FreshBooks for a test run; it might just do the trick for you. Care to elaborate on why you're looking to replace the 10-year-old custom solution you've got?\""}
{"_id": "409306", "title": "", "text": "\"Ever seen a very low price on near-rotten apples or tomatoes?   Think the world hates tomatoes or apples \"\"from Solar energy\"\"?     Durrp!  If you can figure out *which* industry hates electricity ... I'd like to short their stock.   It would seem electricity is *not* tainted by its source.   Just stupid politicians.  The *only* cost that generates negative prices is the cost to the distribution system (the grid) that needs to drain its extra capacity.  There's no cost from the marketplace for electricity.  That's just stupid.\""}
{"_id": "409324", "title": "", "text": "\"No, this is not true. All of these banks are subject to audits by one of the four largest accounting firms in the country. These firms are worth billions of dollars. They would not risk their reputation opining on the validity of financial statements of companies that are \"\"allowed to keep two sets of books.\"\"\""}
{"_id": "409334", "title": "", "text": "\"There are a few different ways you can look at this.  You can't really take money out of the economy, as it can't \"\"leave society\"\" and the economy is the interaction of society. One example kind of close to this was a multi-millionaire died without an heir with millions in his bank account. The bank will continue to use the funds, but the money itself won't be spent. Some people saw this as a \"\"waste\"\", like value was lost, but really all it does (hoarding money or even burning it) is change the money supply.  That being said there are two approaches to looking at capitalism as a *balanced* ecosystem. One is Keynesianism, which focuses on demand. The other is Marxism, which focuses on more internal mechanisms of capitalism. Both are concerned with inequality.  With high inequality, those with capital tend to have more reinvestment as a percentage of income/wealth. With a return on investment this will increase inequality. The Keynesian issue is that this will lower demand, creating imbalance in the economy and long-term problems to function. The answer was more redistribution and higher labor wages.  For Marxists, they believe that capitalism generates endless \"\"capital accumulation\"\", not because of a demand component, but because of labor theory of value. That wealth and value is not determined by the market, but at exploitation of labor. On this critical side you have critiques of the fetishism of market value. With high inequality you have money \"\"leaving the system\"\" in what some call waste--something not socially useful. Baran and Sweezy in \"\"Monopoly Capital\"\" talk about this in the form of things like military spending, and, I think, advertisement. But it can also relate to the generation of \"\"wealth\"\" (opposed to income). Things that don't hold inherent value, like art, becomes investment. You can't say it is \"\"taken out of \"\" the economy, but the value itself is generated by those who can purchase it. Though, I believe this value fetishism is more an outcome of the contradictions, rather than the cause.  What it does contribute to contradictions, however, is the rise of speculation. Rather than consumption or productive investment, accumulation will increasingly become speculative. Real estate is usually the primary example. Many people buy houses, condos, or land, not for use, but for the expectation that the value will go up. When bad enough this can reshape the market, so for people who aren't investing their rent/living cost increases.   This likewise happens with stocks and other financial investments. Again, it can't really \"\"leave the economy\"\", but it makes it more difficult for the \"\"traditional\"\" or productive and labor economy to operate.\""}
{"_id": "409338", "title": "", "text": "Your source doesn't support your point.  I don't have a problem paying taxes for services we all use - you do. Charging fees for police &amp; courts is a libertarian notion.  As sourced in my previous post, no current tax rates need to be changed to pay for UH. We just need to remove corporate subsides. As a whole, America would save about 10% of GDP yearly by converting to a UH in this fashion.   If you can't honestly debate the sources or ideas I've put out and insist on circling back around to these ideological positions regardless of how often they get blown up - then I think we've made all the progress we're going to."}
{"_id": "409350", "title": "", "text": "Shorting is the term used when someone borrows a stock and sells it at the current price to then buy it back later at hopefully a lower price. There are rules about this as noted in the link that begins this answer as there are risks to selling a stock you don't own of course. If you look up various large companies you may find that there are millions of shares sold short throughout the market as someone does have the shares and they will need to be put back eventually."}
{"_id": "409361", "title": "", "text": "Wow, that's interesting. So it's not just the debt load or the demands of the equity, the place isn't cash flow positive on an operating basis.  I have been there and while it is gorgeous, it is far away from the main strip.  You have to make a trip out of the way to get there. And the layout is a bit daunting and hard to follow. The casino just felt empty in certain parts and was easy to get lost in."}
{"_id": "409376", "title": "", "text": "11 - You'll quickly find out that most people are also sort of winging it.  No one is an expert in everything.  Even medium to large sized businesses are doing some things poorly.  Or even completely idiotically.  Yet they've still succeeded.  Perfection in all things is not at all required.  12 - Everyone fails at some point and that is okay.  Most people never talk about the stuff that goes wrong because it projects an image that people find unfavorable.  They only talk about the successes because that's the positive aspects of it."}
{"_id": "409383", "title": "", "text": "&gt; Feel free to take that argument up with biochemistry.  You're misinterpreting me - I believe nobody should be forced to eat paper or wood in order to live. Especially given the level of technology available in the Transmet universe.  &gt; Disregarding potential negative side effects, how on earth would it be a bad thing?  Ask biomodification luddites, not me :P I think it's a great thing."}
{"_id": "409402", "title": "", "text": "\"Your dec ision is actually rather more complex than it first appears. The problem is that the limits on what you can pay into the HTB ISA might make it less attractive - it will all depend. Currently, you can put \u00a315k/year into a normal ISA (Either Cash, or Stocks and Share or a combination). The HTB ISA only allows \u00a3200/month = \u00a32,400/year. Since you can only pay into one Cash ISA in any one year you are going to lose out on the other \u00a312,600 that you could save and grow tax free. Having said that, the 25% contribution by the govt. is extremely attractive and probably outweighs any tax saving. It is not so clear whether you can contribute to a HTB ISA (cash) and put the rest of your allowance into a Stocks and Shares ISA - if you can, you should seriously consider doing so. Yes this exposes you to a riskier investment (shares can go down as well as up etc.) but the benefits can be significant (and the gains are tax free). As said above, the rules are that money you have paid into an ISA in earlier years is separate - you can't pay any more into the \"\"old\"\" one whilst paying into a \"\"new\"\" one but you don't have to do anything with the \"\"old\"\" ISA. But you might WANT to do something since institutions are amazingly mean (underhand) in their treatment of customers. You may well find that the interest rate you get on your \"\"old\"\" ISA becomes less competitive over time. You should (Must) check every year what rate you are getting and whether you can get a better rate in a different ISA - if there is a better rate ISA and if it allows transfers IN, you should arrange to make the trasnfer - you ABSOLUTELY MUST TRANSFER between ISAs - never even think of taking the money out and then trying to pay it in to another ISA, it must be transferred directly between ISAs. So overall, yes, stop paying into the \"\"old\"\" ISA, open a new HTB ISA next year and if you can pay in the maximum do so. But if you can afford to save more, you might be able to open a Stocks and Shares ISA as well and pay into that too (max \u00a315k into the pair in one year). And then do not \"\"forget\"\" about the \"\"old\"\" ISA(s) you will probably need to move all the money you have in the \"\"old\"\" one(s) regualrly into new ISAs to obtain a sensible rate. You might do well to read up on all this a lot more - I strongly recommend the site http://www.moneysavingexpert.com/ which gives a lot of helpful advice about everything to do with money (no I don't have any association with them).\""}
{"_id": "409403", "title": "", "text": "Moronic question I'm sure.   Listening to the Bloomberg Surveillance podcast and they mentioned that the vast majority of financial transactions in China and even North Korea are denominated in US dollars. They go on to say that this means they HAVE to go through US banks giving the US tremendous leverage.   Can someone explain this whole idea to me.  1. Why do transactions done in US dollars have to go through US banks?  2. Does that leverage the US has just come from our ability to prevent transactions from occurring if they are run through our banks?"}
{"_id": "409412", "title": "", "text": "\"My simple rule to avoid impulse buys is that if you see something you want, you can get it.... but not today; go back and get it tomorrow (or wait even longer, for big-ticket items). This way you'll have time to think about it rather than just doing it. That won't address all your wasteful spending, but it's a good way to avoid \"\"why did I think this would be a good idea?\"\" type situations.\""}
{"_id": "409421", "title": "", "text": "Property taxes are levied by the local authorities to pay for their services. Since the services are continuous - so are the charges. You need someone to pave a road to your house, to build infrastructure, to maintain the police force, fire department, local schools etc. That's what your property taxes are going to. However, at times the property taxes become more than what the owners have actually paid for the house. Think of a house bought in the midst of a recession at a bargain price of $20K, but at the top of the market bubble costs $2M. The poor guy who bought it for $20K should pay as if he had ever had $2M?   It can certainly be the case that the property taxes change drastically over the years and sometimes people have to give up their property because they cannot afford the taxes. That is exactly the thought that had led Californians to amend the Constitution in Prop 13."}
{"_id": "409432", "title": "", "text": "Also keep in mind that most REITs have high dividend yields. If you short, you are responsible for payment of the dividend to the party you are borrowing the shares from. This can add costs to your position over time. Short REITS for a long time period is not necessarily an optimal strategy."}
{"_id": "409434", "title": "", "text": "TWRR = (2012Q4 x 2013Q1 x 2013Q2) ^ (1/3) = ?? (1.1 * .809 * 1.29) ^ (1/3) = 1.047 or 4.7% return. No imaginary numbers needed.  But. Your second line there is wrong $15,750 - $15,000 - $4,000 ? The $15K already contains the $4k, why did you subtract it again?  This a homework problem?"}
{"_id": "409456", "title": "", "text": "\"I heard the prices lowered didn't seem to make much of a difference (yet?). Also, I wonder if he shopped there.   It seems like he wrote (terribly) as someone that never set foot into one of their stores. For me, Whole Foods is a \"\"high-end store\"\", and you can find deals and interesting things there. For some of the common staples, if you are getting things like milk and eggs, the prices I found weren't that bad at all, at least compared to Safeway.\""}
{"_id": "409472", "title": "", "text": "Just to be clear, private *student* loans fall in the same category.  The only meaningful difference is that they do not qualify for the federal forgiveness program (described above) and usually don't have subsidized interest rates which generally makes them even worse.  They similarly follow you for life.  There is no way out.    If you're referring to *regular, private loans*, then that's kind of a non-sequitur since the topic is student loans.  Not trying to be pedantic, just want to make sure anyone hoping to learn more understands how horrible student loans are if you can't pay them back."}
{"_id": "409486", "title": "", "text": "This guy sounds like he was more of a consultant than customer support.  Consultants live and die on the ability to do ridiculous things like take a call at home on setting up windows at 2am.  The relationships often get much more personal.  I work with consultants a lot and the good ones are a treasure.  They are the ones you fight for through budget cuts even though they are raising their prices.  A really good consulting firm lets me leverage my knowledge into output 5 times what I'd get from an FTE on the payroll."}
{"_id": "409500", "title": "", "text": "You can pretty easily make 30-40 an hour driving uber if you only work 3-4 hours a day. You have to have a car though, and the hours are odd, but it can be done. Thats to say there's a max of 3-4 hours a day where you can make that, the rest of the time it's like $10-15 an hour minus expenses."}
{"_id": "409509", "title": "", "text": "Well... this is a reason to change, right?   If you find subsidizing unethical business practices to be, well, unethical, and you don't want to support those things, then it makes sense to stop supporting it.   If you're completely apathetic, then not giving a shit makes sense."}
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{"_id": "409535", "title": "", "text": "It is the best process to inspect a building, we have a good inspection team and understand the most components to complete the inspection. It is necessary to determine a building  and good inspector can advise you on any specific issues and viable methods of repair. The  property Inspections are a specialist residential inspection team. A pre-purchase building inspections are a visual appraisal of the situation of an asset highlighting current defects or regions of challenge; however it isn't always a guarantee against future defects."}
{"_id": "409537", "title": "", "text": "Is my financial status OK? If not, how can I improve it? Based on the fact that you have $100K in the bank and no debts your situation is OK. You don't have credit card debt or an underwater car loan, though the fact you are thinking about a car and a home shows you have started to put some thought into planning. Is now a right time for me to see a financial advisor?  The fact that you don't mention retirement savings: 401K, IRA, or pension, means that you have not planned for retirement, and you need to do so. The ESPP can be a part of a plan, but if that is you only investment you are focusing too much of your current and future income on one source of income. Is it worthy? It can be. you want to avoid working with a planner that makes money only if you invest in specific investments they suggest. You want to find a planner that takes a fixed fee for developing the plan, and only provides advice on types of investments. How would she/he help me? They will look at where you are. Where you can quickly make adjustments. And where you want to go over the next year, decade, and lifetime. Then they will provide guidance on those steps you should follow.  If your situation changes in the future because of marriage or kids, you can then revisit with a planner and make changes"}
{"_id": "409540", "title": "", "text": "I'm not a lawyer. If someone signed a contract agreeing to that ... you could make a case that if someone agreed to it, caveat emptor and all. But I strongly suspect that a court would find a reason to strike down such an obviously exploitive contract, say you were taking advantage of someone's mathematical naivety, etc."}
{"_id": "409542", "title": "", "text": "This why economists hate people like OP: They only read headlines and abstracts.   &gt;Given the importance of low wealth at retirement in explaining low wealth late in life, this paper begins by exploring the factors that are associated with low saving before retirement. We pay particular attention to the links between education, health status, and wealth at age 65 and at the end of life. We examine the distribution of lifetime earnings, a key determinant of savings capacity, and calculate a \u201csaving ratio,\u201d the ratio of wealth at retirement to lifetime earnings. This ratio depends on a household\u2019s saving  2 rate over the life course, as well as on the rate of return earned on this saving. We also present new evidence on how health and family status shocks affect the trajectory of wealth after retirement, and in particular how they affect the likelihood of reporting very low wealth at the end of life."}
{"_id": "409545", "title": "", "text": "I quit my job 8 years ago with a wife and a new baby to start an agency. We aimed to do client work to pay the bills, and meanwhile work on a portfolio of products which we could sell.  We had around 5 years of extremely tough times, sometimes not enough money to buy food, and the revenue breathing down our necks. It was highly, highly stressful. The next 3 years were a little better, still stressful and a lot of hard knocks and lessons to learn.  This last year has been wonderful. Creating a startup will teach you things you never realised you needed to learn. It will break you down and remake you.  If you decide to go for it, make sure your wife is on board. Maintain an emergency fund, and don't eat into it. Save for tax, even if that means you can't eat. Don't expect to go on holiday for at least 5 years. Cut your expenses down to a shoestring. Get really good at finance. Practice envelope budgeting. Don't eat out. Work hard, talk to people, network. If you and your wife can get through the pain it will be worth it, but don't expect anything like an easy ride."}
{"_id": "409552", "title": "", "text": "Yes, because you cannot have an exponential growth rate that is faster than the rate at which the economy grows on the long term. 100% growth is much more than the few percent at which the economy grows, so your share in the World economy would approximately double every year. Today the value of all the assets in the World economy is about $200 trillion. If you start with an investment of just $1000 and this doubles every year, then you'll own all the World's assets in 37.5 years, assuming this doesn't grow. You can, of course, take into account that it does grow, this will yield a slightly larger time before you own the entire World."}
{"_id": "409555", "title": "", "text": "Won\u2019t all automakers be regulated into all-electric at some point? There will continue to be performance cars, and electric ones at that. Who knows if they will be called Camaros and Corvettes and Mustangs, etc. But they will still exist, just without gas engines."}
{"_id": "409562", "title": "", "text": "\"In 2001, Argentina defaulted on it's debt, and started negotiating a \"\"haircut\"\" with it's debtors. As a result, a lot of the debtors sold the bonds they had a fire-sale prices, thinking better get some back than nothing.  One of the guys that bought those cheap bonds was Paul Singer AKA \"\"Mr. Vulture Hedge-fund\"\". I'll speculate here saying that Mr. Singer saw that the bond conditions gave him a way to force Argentina to pay the full value of the bonds notwithstanding it's default or negotiated haircut. Argentina did negotiate a haircut with about 97% of it's bond-holders. This meant that although they would lose out on some of the money, they would still get some back, and Argentina could work its way back to its feet eventually.   Mr. Singer and friends were the 3% that did not accept the haircut, and took the country to court to get 100% of the bond value back.  Now, the plot thickens. I don't understand if Mr. Singer knew this or not, but the bonds also had a post-2001 condition that said that no bond-holder would be worst-off than the highest bond deal Argentina offered anyone. Which basically means, if they pay Mr. Singer 100%, they have to pay everybody else 100%. Now, it was well established that Argentina could not pay 100%, and is not able to pay 100% of the debt, hence the 2001 default.   Meanwhile, Argentina was paying out the hair-cut bonds, but holding out on Mr. Singer and friends as they still didn't agree to pay 100%. The courts ruled that they could not do this, and had to pay everybody. Since Argentina cannot pay everybody 100%, it is defaulting on the debt.\""}
{"_id": "409566", "title": "", "text": "Very simple. If it wasn't rented, it's deductible as a schedule A home mortgage interest. If it was rented, you go into Schedule E land, still a deduction along with any/every expense incurred."}
{"_id": "409571", "title": "", "text": "\"Why does the article, which refers to the 2006-2008 boom as a gilded age use the same time period as a basis for labor participation calculation? Should they not use a more wise approach and make the basis around 2005 or 2004 and then calculate the amount of labor participating in order to account for the \"\"false high\"\" of 2007? Maybe I missed something in my education but if a specific time counts as an anomaly, then it should not be the base calculation when deriving a hypothesis about that time period. For example wage growth between 2005 and 2007 increased x% but between 2007 and 2009 decreased 3x% so we are really in for it now. It should be the base period of 2005 shows a growth of x% to 2007 and from 2005 to 2009 shows a growth of only one tenth x%.   Of course this would make for much less sensationalist journalism and may not sell as many news stories as a sensationalist story would.\""}
{"_id": "409573", "title": "", "text": "A financial institution is not obligated to offer you a loan. They will only offer you a loan if they believe that they will make money off you. They use all the info available in order to determine if offering you a loan is profitable.  In short, whether they offer you a loan, and the interest rate they charge for that loan, is based on a few things: How much does it cost the bank to borrow money? [aka: how much does the bank need to pay people who have savings accounts with them?]; How much does the bank need to spend in order to administer the loan? [ie: the loan officer's time, a little time for the IT guy who helps around the office, office space they are renting in order to allow the transaction to take place]; and How many people will 'default' and never be able to repay their loan? [ex: if 1 out of 100 people default on their loans, then every one of those 100 loans needs to be charged an extra 1% in order to recover the money the bank will lose on the person who defaults]. What we are mostly interested in here is #3: how likely are you to default? The bank determines that by determining your income, your assets, your current debts outstanding, your past history with payments (also called a credit score), and specifically to mortgages, how much the house is worth.  If you don't have a long credit history, and because you don't have a long income history, and because you are putting <10% down on the condo [20% is often a good % to strive for, and paying less than that can often imply you will need mandatory mortgage insurance, depending on jurisdiction] the bank is a little more uncertain about your likelihood to pay.  Banks don't like uncertainty, and they can deal with that uncertainty in two ways: (1) They can charge you a higher interest rate; OR (2) They can refuse you the loan. Now just because one bank refuses you a loan, doesn't mean all will - but being refused by one bank is probably a good indication that many / most institutions would refuse you, because they all use very similar analytical tools to determine your 'risk level'. If you are refused a loan, you can try again at another institution, or you can wait, save a larger down payment, and build your credit history by faithfully paying your credit card every month, paying your utilities, and making your car and rent payments on time. This will give the banks more comfort that you will have the ability to pay your mortgage every month, and a larger down payment will give them comfort that if the housing market dips, you won't owe more than the house is worth. My parting shot is this: If you are new in your career with no income history, be very careful about buying a property immediately, even if you get approved. A good rule of thumb is to only buy a property when you plan on living there for at least 5 years, or else you are likely to lose money overall, after factoring closing costs and maintenance fees. If you are refused a loan, that's probably a good sign that you aren't financially ready yet, but even if a bank approves you for a loan, you might not be ready yet either."}
{"_id": "409603", "title": "", "text": "\"Typically mutual funds will report an annualized return. It's probably an average of 8% per year from the date of inception of the fund. That at least gives some basis of comparison if you're looking at funds of different ages (they will also often report annualized 1-, 3-, 5-, and 10- year returns, which are probably better basis of comparison since they will have experience the same market booms and busts...).  So yes, generally that 8% gets compounded yearly, on average. At that rate, you'd get your investment doubled in roughly 9 years... on average... Of course, \"\"past performance can't guarantee future results\"\" and all that, and variation is often significant with returns that high. Might be 15% one year, -2% the next, etc., hence my emphasis on specifying \"\"on average\"\". EDIT: Based on the Fund given in the comments: So in your fund, the times less than a year (1 Mo, 3 Mo, 6 Mo, 1 Yr) is the actual relative change that of fund in that time period. Anything greater is averaged using CAGR approach. For example. The most recent 3 year period (probably ending end of last month) had a 6.19% averaged return. 2014, 2015, and 2016 had individual returns of 8.05%, 2.47%, and 9.27%. Thus that total return over that three year period was 1.0805*1.0247*1.0927=1.21 = 21% return over three years. This is the same total growth that would be achieved if each year saw consistent 6.5% growth (1.065^3 = 1.21).  Not exactly the 6.19%, but remember we're looking at a slightly different time window. But it's pretty close and hopefully helps clarify how the calculation is done.\""}
{"_id": "409611", "title": "", "text": "The way I have seen this done in the past is the business will withhold taxes on the amount of the gift.  Very much like receiving a bonus.  There are probably other ways to do it where taxes are avoided like you boss could buy the gift for you personally.  Not sure about all the legal ways to avoid taxes on this."}
{"_id": "409625", "title": "", "text": "Like the article points out, Boeing is likely doing this because it wants to stop Bombardier from becoming a rival like Airbus is to Boeing.   This is also a perfect time for Boeing to do something like this, the US administration is itching to slap protectionist tariffs on imports."}
{"_id": "409628", "title": "", "text": "Avondale FL - If you're looking for historic homes with modern-day amenities and city flair, look no further than Riverside/Avondale or Ortega. Riverside/Avondale is the largest National Historic District in the U.S and offers something for every price and lifestyle. we were presented with a rare opportunity to affiliate with the world\u2019s most respected brand\u2014Berkshire Hathaway HomeServcies."}
{"_id": "409635", "title": "", "text": "\"my grandmother's farm has taken the approach of \"\"burn that shit before it can seed.  If it grows back, burn it a few more times.  Till the ground.  Then if it grows back again... burn that shit.\"\"  Only took a couple repetitions to eliminate almost all the weeds.  All new weeds are believed to have come from the neighbor's shittily (it's worse than \"\"poorly\"\") maintained place.    (they use a propane tank on the back of an ATV with one of those flame \"\"wands\"\" to scorch everything at ground level by hand.  They do this so they can selectively burn and not kill the non-weed stuff that's growing)\""}
{"_id": "409647", "title": "", "text": "\"I was in a similar situation about a year ago, and the expedient thing to do would be to remove your grandfather from the Title.  He would probably have to agree with this, but I think he will if you approach it correctly. In my case, I was the cosigner for my son's car loan and was told by the dealer that I \"\"had to be on the title\"\".  This is not true as far as Virginia is concerned (Illinois may be different).  I know this because when my son dropped his auto insurance I got the fine for having an uninsured vehicle and was told during the hearing that the dealer was mistaken. It all worked out in the end, but all we had to do was go down to the DMV and get my name taken off of the title. I'm sure if you approach it this way - you do not want him to be responsible for things that you do (who would get sued if you caused an accident?) he would agree to have his name removed from the title.\""}
{"_id": "409649", "title": "", "text": "\"http://blog.collegetuitioncompare.com/2015/05/sec-estimated-tuition-2015-2016.html  You keep speaking annually. No one gives a fuck about annual costs. You have to earn the entire degree, so the total cost is what I am concerned with, and what I was speaking to.  Also - grow up a little. Stop calling yourself a \"\"major\"\"; maybe \"\"graduate\"\" would be more appropriate.   The fact that you work in consulting speaks volumes. Everyone else in finance laughs at you. If finance professionals are leeches on industry, you are the parasites on the cocks of leeches.   EDIT: Sorry, everyone in **investment** finance laughs at you. I am sure there are some of those aforementioned fund accountants who would love to suck some leech cock.\""}
{"_id": "409651", "title": "", "text": "Even if they did publish historical usage rates, those numbers might not be relevant. The previous resident may have been an energy hog who left appliances on 24x7, or a luddite who sweated out the summers rather than turning on the A/C. Beyond that, I've lived in Kansas my whole life, and have never found a good method for estimating utility costs. The best I've been able to do is track expenses month by month to get an average. But one year we have a mild winter, then the next we'll have a week of sub-freezing temperatures, and the estimates from the previous year are worthless."}
{"_id": "409659", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://sharesandaffairs.wordpress.com/2017/09/29/the-economic-implications-of-climate-change/) reduced by 83%. (I'm a bot) ***** &gt; While contemplating the long-term impacts gives rise to mind-numbingly terrifying prospects, I will focus on the short-term impacts that climate change is having on global communities and how it may exacerbate economic inequality.  &gt; This therefore gives rise to the exacerbation of economics inequality as the poorest lose their assets to sever climate hazards and suffer from a lack of opportunities as economic growth is hampered by the climate.  &gt; Not only is the rise in inequality highly unethical, especially since the rich are disproportionate contributors to climate change in the first place as shown below, but it may not be healthy for the American economy since a rise in inequality may cause certain members of the society to be excluded from achieving their potential; being forced to pursue work as soon as possible rather than pursue higher education or career training for example.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73y7ii/the_economic_implications_of_climate_change/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~221010 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Climate**^#1 **change**^#2 **rise**^#3 **more**^#4 **state**^#5\""}
{"_id": "409681", "title": "", "text": "Congratulations on doing all the right things in your financial life. To me, the answer to your question is a no-brainer: pay off the loans immediately. However, I am sure that some people will post answers arguing exactly the opposite. I would also  recommend using the extra cash that you will have each month (since the payments on the loans will disappear) to increase your 401k contributions even though they will not attract additional company match, and once again, you will certainly get answers telling you why doing so is a very bad idea."}
{"_id": "409699", "title": "", "text": "Maximilian Haidbauer is an award-winning Media Executive, Producer &amp; Director with over 150 hours of Branded Content, Social Impact Documentaries and Television programs to his credit. Shows produced by Maximilian aired on networks and platforms such as: CBS, Red Bull TV, Amazon, itunes, Hulu, ETV (Africa), Red Bull Media House, Outside Television (USA), Servus TV (Austria), SSF (Swiss), Pro7 (Germany)\u2026Visit website for more information!"}
{"_id": "409712", "title": "", "text": "You can easily go to somebody like icici  ask for the demat section and enable overseas stock trading."}
{"_id": "409716", "title": "", "text": "\"Do you trade? I didnt think so. Never made a mistake in your life either right? Not that I am saying the securities rated triple AA was a mistake.  But I find it amazingly telling, that america redditors, only hate the rating groups when they say shit they dont like.   They down grade greece and \"\"it is about time\"\"  The downgrade the us and it is \"\"dont you remember a couple years ago when they lied about securities\"\", of course the millions of other things they have rated have turned out to follow the ratings pretty fucking well but a couple of years they fucked up so lets throw out all the ratings except the ones we agree with.  Like it or not, we need ratings, even if the industry was recently rocked by scandel. It is a crucial aspect of a market economy.  (also mind you, the way this corruption would work, it is more handy to inflate somethings ratings than to deflate them, but what ever the conspiracy heads will see a conspiracy in everything despite not a single soul on reddit should disagree with the BofA rating, not if you have been paying the least amount of attention on reddit)\""}
{"_id": "409717", "title": "", "text": "I have to ask: At what point do people take into account their own financial responsibility when it comes to these fees? Don't get me wrong, I've been in that overdraft fee loop before and it was brutal so I took my business else where... what I didn't realize at the time was that I did exactly what the bank wanted me to do. Either pay up for the bank forwarding money on my behalf, or gtfo.  Banks aren't obligated to do shit with our pennies. By asking them to hold on to our cash, they provide a service including all the attached fine print. Trickery is obviously foul play, but so is constantly over-drawing an account. One or two overdraws should be red flag enough that you're not paying attention to your money. But this isn't the case for our culture. We get penalized then act like victims."}
{"_id": "409718", "title": "", "text": "\"Thanks for the article. A couple questions:  - Is your basic investment premise that as defaults rise, investors will demand higher rates, and thus loans will become more expensive for borrowers? Why can't the lenders include a larger reserve to offset defaults (making loans less profitable for them?), or why doesn't this just wipe out the riskiest tranches of abs? Does it have to result in an implosion in supply?  - \"\"Since 2009, car loans have exploded over $1.1 Trillion\"\"- wouldn't car loans increase significantly from the bottom of the Great Recession as the economy recovered? Also, the graph shows the billions of car loans. I think you'd have to look at an inflation adjusted loan origination, as cars do not cost the same today as they did 1970, so, you'd expect the total dollar value of loans to be much higher.  - \"\"How many borrowers are using their cars as collateral for new debt?\"\" Are you asking how many are refinance their cars? I don't think this is a thing. Cars depreciate and most of the time, the value of the car is less than loan. People may be rolling over into a new car and loan but I don't think they are re-mortgaging their cars. I could be wrong but there has to be information available on this  - \"\"We do this through purchasing long dated 1-2 year out-of-the-money PUT options on first order stocks\"\"- How do you know where the strike price on these stocks will be? If your very confident, you can sell a call above to offset the cost of the put. Or alternatively, why don't you buy a credit default swap on the abs tranches?\""}
{"_id": "409761", "title": "", "text": "\"Any time someone starts asking you to provide personal information, such as a birth date, it could very well be a scam.  This is especially true if it's someone you don't even know.  Be very careful about getting involved in such situations. There is always some kind of almost believable story to what the scammers tell you, and unless you're willing to look deeper into it then it's easy to get pulled in.  On top of that, you have to ask yourself, \"\"why did they pick me for this?\"\", because that's the real question.   You have no idea what else the software they're asking you to download might do that you wouldn't know about, but offering to pay you something is a good way for them to get you to bypass your own security by installing it yourself.  If the offer sounds too good to be true or too easy, you have to question it, and in such cases, your best bet is to stay away from it altogether.\""}
{"_id": "409773", "title": "", "text": "\"Extensive research.  \"\"Mr. spring water expert\"\".  5th grade sarcasm works better when you're right lol. That you were schooled with a 30 second google search and this is how you respond is hilarious.  Thank you for the morning laughs.\""}
{"_id": "409777", "title": "", "text": "I would not argue if its more difficult, its different, and it much depends what kind of stocks you refer to, i take large caps as example. The players are different. Companies and even govts may hedge in the commodities (futures) market while in big caps this and other entities mainly invest. (Of course there\u2019s HFT in large caps too). Futures often come with way higher leverage, lower spread and less commissions than stocks attracting retail and institutional speculators/HFT. Another big difference is that commodity prices react to all kind of news events (Stocks do too, but not that much and frequent), this kind of reactions big caps only do on earnings or on news directly affecting the company. Commodities are much more volatile on geo economic / political news events. This combined with higher leverage & HFT produces astounding moves.  To sum it up, the players are different and act different than in large stocks, liquidity may be another thing."}
{"_id": "409780", "title": "", "text": "I've used ING and have no complaints with them, but right now if you can work with their restrictions, SmartyPig.com has a better rate than ING and better than any listed on SavingsAccount.com."}
{"_id": "409786", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/09/19/trumps-new-nickname-rocket-man-for-kim-jong-un-is-brilliant-commentary.html) reduced by 83%. (I'm a bot) ***** &gt; A wave of shock rippled through Twitter and the media after President Trump called North Korean President Kim Jong Un a &amp;quot;Rocket Man&amp;quot; in his speech before the United Nations Tuesday.  &gt; Kim Jong Un might be using missiles as his weapon of choice but when President Trump goes into battle, his weapon of choice seems to be ridicule - and a catchy nickname to make it stick.  &gt; Here in the U.S., it&amp;#039;s always been very nice that when presidents run for re-election, even their opponents have traditionally referred to them as either &amp;quot;Mr. President,&amp;quot; or used the &amp;quot;President&amp;quot; title before their last names every time.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/719ow5/trumps_new_nickname_rocket_man_for_kim_jong_un_is/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~213432 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **President**^#1 **Trump**^#2 **even**^#3 **United**^#4 **Kim**^#5\""}
{"_id": "409794", "title": "", "text": "I think the current business buzz-thought about effort is that sustained 80% effort is the goal. I would say that's about accurate for what I mean by taking pride in your work. You don't have to kill yourself to put a sustainable good faith effort in."}
{"_id": "409797", "title": "", "text": "I don't know of any and it is unlikely that you will be able to find one.  Most credit card processors charge a flat fee plus percentage.  The flat fee is typically in the 35 cent range making the cost of doing business, in the manner you are suggesting, astronomical.   Also what you are suggesting is contrary to best practices as hosting services, and many other industries, offer deep discounts when making a single payment for an extended period of time. This is not very helpful, but I think it is unrealistic to find what you are suggesting."}
{"_id": "409806", "title": "", "text": "If we spend 50k on an education that is unused it goes to waste unless the person is doing something that is as productive which sometimes they do but you also have a lot of retail degree holders that would have had a better chance with a less redundant education.   College is not needed for a good understanding of civics, this was and should be once again taught in high school and expected of students graduating from a primary education. Just like basic life skills and many other topics that were dropped from schools across the nation.   There should not be a price tag on an understanding of civics, we might as well add a poll tax if that is what you are suggesting."}
{"_id": "409810", "title": "", "text": "Yeah that's a little different though if you're enrolled in a law school. Presumably you would have had to make living arrangements ahead of time and then committed to them, and then once you decide to take the bar it would have extended that (though I suppose a fair question is why you chose NY for the bar if you had no plans to stay?)  Also what the hell is CLT?"}
{"_id": "409818", "title": "", "text": "\"When you exercise your options, you come up with cash to buy the shares. This makes you an owner of the company for shares at the share price your options let you have. Ideally, your share price is at a significant discount to what the company is worth. Being a shareholder, you gain from any share price appreciation in a sale. The only thing the \"\"60-day window\"\" applies to is whether you come up with the cash to buy fast enough, or your shares get permanently deleted from the company finances, where everyone else potentially makes more, you make nothing. The sale of the company is based on whenever the sell finalizes, which is between your company and the acquiring company.\""}
{"_id": "409822", "title": "", "text": "If you call them, you can make sure they'll use the new address, but if you want to do it online, there is some risk that the update is delayed. Note also that an address change with an immediate request for a replacement debit card smells very fishy - this what a hacker / thief would do to get your money. Calling seems to be the better approach, as you can verify your identity further. Otherwise, you might well run into an automated block."}
{"_id": "409850", "title": "", "text": "&gt;We still limit product sold to Costco because we don't like to ruin our relationships with the thousands of other retailers by price gouging their wares.  That makes zero sense.    &gt;So yeah, fuck costco, they do the same thing as walmart but just put a nice front up for their own employees and continue fucking everyone else.  Yes how dare Costco tries to get the best deal they can get.  You are only fooling yourself if your company is no different with its own suppliers."}
{"_id": "409854", "title": "", "text": "\"You may want to hold onto the $5000 and keep it in savings.  Interest rates are for crap, even in \"\"high yield\"\" accounts, so you can rightly not consider it investing.  You should be graduating college soon.  It would suck if an emergency crops up to prevent you from graduating.  I assume that you are going into a high paying career given your nice income from internships.   Your best investment is yourself at this point.  Completing your education, and obtaining your degree trumps all.  You could use that extra 5000 as a hedge/insurance policy/emergency fund to help insure you graduate.   Also you are likely to have some moving expenses once you graduate.  That 5K could be used to help cover those costs.   The worst case is you graduate with no emergencies, you get a nice signing bonus and relocation package, and you still have the $5000.  Well you still have until 15 April 2015 to put money in your ROTH for 2014.  This holds true for every tax year.   Given your current financial status, you are likely to find yourself soon contributing the max to your 401K and ROTH.  Once that happens, money beyond that can be invested into mutual funds stocks that are not tax advantaged, real estate, or some other choices.  Well then you have some things to think about.\""}
{"_id": "409859", "title": "", "text": "Yes, bond funds are marked to market, so they will decline as the composition of their holdings will. Households actually have unimpressive relative levels of credit to equity holdings.  The reason why is because there is little return on credit, making it irrational to hold any amount greater than to fund future liquidity needs, risk adjusted and time discounted. The vast majority of credit is held by insurance companies.  Pension funds have large stakes as well.  Banks hold even fewer bonds since they try to sell them as soon as they've made them. Insurance companies are forced to hold a large percentage of their floats in credit then preferred equity.  While this dulls their returns, it's not a large problem for them because they typically hold bonds until maturity.  Only the ones who misprice the risk of insurance will have to sell at unfavorable prices. Being able to predict interest rates thus bond prices accurately would make one the best bond manager in the world.  While it does look like inflation will rise again soon just as it has during every other US expansion, can it be assured when commodity prices are high in real terms and look like they may be in a collapse?  The banking industry would have to produce credit at a much higher rate to counter the deflation of all physical goods. Households typically shun assets at low prices to pursue others at high prices, so their holdings of bonds ETFs should be expected to decline during a bond collapse.  If insurance companies find it less costly to hold ETFs then they will contribute to an increase in bond ETF supply."}
{"_id": "409862", "title": "", "text": "Regarding the textbooks and technical books, it might be worth checking out sites like Chegg.com or other textbook rental websites. They might buy it from you directly versus trying to sell it on an ebay or amazon.  For fiction or nonfiction, amazon and ebay can be tough, but probably worth a look. See what comparables are for your books or similar titles, and if it works, try selling a few. The big problem is that so many sellers are on Amazon these days, that major discounts are commonplace. I've bought hardback 1st editions for less than the cost of economy shipping, so the profit margin is dwindling at best if it's an unpopular or low demand book."}
{"_id": "409907", "title": "", "text": "Your utilization ratio history is irrelevant to its impact on your credit score.  If you run up 80% of your utilization In January, then pay it back to 10% in March, your score in March will reflect the new reduced ratio with no memory of the 80% utilization last month. With that said, don't go around overspending just because you have 0% apr for a little bit.  Spend what you would spend with cash."}
{"_id": "409910", "title": "", "text": "In addition to the already good answers: I am assuming you are playing a long game and have no specific need for a high credit score in the next couple of years.  This list is just good practice that will raise you score."}
{"_id": "409918", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-16/centurylink-is-accused-of-running-wells-fargo-like-scheme) reduced by 87%. (I'm a bot) ***** &gt; The complaint alleges CenturyLink &amp;quot;Allowed persons who had a personal incentive to add services or lines to customer accounts to falsely indicate on the CenturyLink system the approval by a customer of new lines or services.&amp;quot; This would sometimes result in charges that hadn&amp;#039;t been authorized by customers, according to the complaint.  &gt; CenturyLink, of Monroe, La., is in the midst of a $34 billion merger with Level 3 Communications Inc., whose CEO, Jeff Storey, will become chief of CenturyLink in 2019 as the company goes up against powerhouses such as AT&amp;T Inc. in bidding for businesses&amp;#039; heavy internet traffic.  &gt; The complaint likens what Heiser said CenturyLink sales agents did to the Wells Fargo scandal and estimated the alleged unauthorized fees amounted to &amp;quot;Many millions&amp;quot; of dollars.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6huwjj/centurylink_is_accused_of_running_a_wells/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146769 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **CenturyLink**^#1 **customer**^#2 **service**^#3 **sales**^#4 **complaint**^#5\""}
{"_id": "409924", "title": "", "text": "Asking your best customers/friends/family to give you 5 stars isn't a genuine review.  I'd bet anything she gave them a discount to write the reviews.  They're in a tough spot because every small business owner thinks they deserve 5 stars, and only a few do."}
{"_id": "409927", "title": "", "text": "\"When you say \"\"promptly paying off the outstanding balance\"\", do you mean you pay it off literally as soon as you have incurred the debt? It is important to actually let the debt post on a statement before you pay it off. If you pay it off before the statement posts then this won't help your credit at all. Once the statement posts you can pay the entire balance off before the due date and you will still pay no interest. Assuming you are allowing the balance to actually post on your statements, you can simply continue to do this and your credit score will improve over time as your account(s) get older and you show that you are reliable. The only other way to improve your credit score is to open more accounts. In the short term this will actually hurt your score, as it will decrease your average age of account and add an inquiry. However in the mid-long term, this will improve your score as having more accounts of a variety of types is better for your score. Having an installment loan such as an auto loan or home loan is good for your score as it is different from a credit card - however you should definitely not engage in one of these unless it makes financial sense for other reasons. Don't add debt just to build your credit score. You could just open more credit cards. Like I said it will hurt your score in the short term but improve it in the mid-long term. Open cards with a variety of benefits so you can use them for different things to get better rewards.\""}
{"_id": "409952", "title": "", "text": "It is almost never going to be more economical to buy a new car versus repairing your current car. If you want a new car, that is justification enough."}
{"_id": "409959", "title": "", "text": "\"RED FLAG. You should not be invested in 1 share. You should buy a diversified ETF which can have fees of 0.06% per year. This has SIGNIFICANTLY less volatility for the same statistical expectation. Left tail risk is MUCH lower (probability of gigantic losses) since losses will tend to cancel out gains in diversified portfolios. Moreover, your view that \"\"you believe these will continue\"\" is fallacious. Stocks of developed countries are efficient to the extent that retail investors cannot predict price evolution in the future. Countless academic studies show that individual investors forecast in the incorrect direction on average. I would be quite right to objectively classify you as a incorrect if you continued to hold the philosophy that owning 1 stock instead of the entire market is a superior stategy. ALL the evidence favours holding the market.  In addition, do not invest in active managers. Academic evidence demonstrates that they perform worse than holding a passive market-tracking portfolio after fees, and on average (and plz don't try to select managers that you think can outperform -- you can't do this, even the best in the field can't do this).  Direct answer: It depends on your investment horizon. If you do not need the money until you are 60 then you should invest in very aggressive assets with high expected return and high volatility. These assets SHOULD mainly be stocks (through ETFs or mutual funds) but could also include US-REIT or global-REIT ETFs, private equity and a handful of other asset classes (no gold, please.) ... or perhaps wealth management products which pool many retail investors' funds together and create a diversified portfolio (but I'm unconvinced that their fees are worth the added diversification). If you need the money in 2-3 years time then you should invest in safe assets -- fixed income and term deposits.  Why is investment horizon so important? If you are holding to 60 years old then it doesn't matter if we have a massive financial crisis in 5 years time, since the stock market will rebound (unless it's a nuclear bomb in New York or something) and by the time you are 60 you will be laughing all the way to the bank. Gains on risky assets overtake losses in the long run such that over a 20-30 year horizon they WILL do much better than a deposit account. As you approach 45-50, you should slowly reduce your allocation to risky assets and put it in safe haven assets such as fixed income and cash. This is because your investment horizon is now SHORTER so you need a less risky portfolio so you don't have to keep working until 65/70 if the market tanks just before retirement. VERY IMPORTANT. If you may need the savings to avoid defaulting on your home loan if you lose your job or something, then the above does not apply. Decisions in these context are more vague and ambiguous.\""}
{"_id": "409960", "title": "", "text": "Sure user data is valuable. But valuable enough to be their business model? The math doesn't add up.  If the data is that valuable, then why even charge users in the first place? Letting people in free would certainly generate even more data. Definitely more than what they would have gotten at their $10 price point. If they get twice as many people to jump in at the free price level (not a far fetched assumption) then they would make enough additional money to justify giving it away.  And after a certain point, additional data stops being statistically significant while costs continue to mount paying for all those additional tickets.  Furthermore, the CEO has already said that their business model is to share the additional revenue with the theaters.  I'm not saying that they won't mine their data. They would be fools not to. And they will definitely be able to monetize it. But it's not possible for that alone to be their business model. How can it? Every time they send someone to a new movie, it costs them the full ticket price."}
{"_id": "409980", "title": "", "text": "In 2012, the standard deduction is $5950 for a single person.  Let's assume you are very charitable, and by coincidence you donate exactly $5950 to charity.  Everything that falls under itemized deductions would then be deductible.  So, if your property tax is $6000, in your example - Other adjustments come into play, including an exemption of $3850, I am just showing the effect of the property tax.  The bottom line is that deductions come off income, not off your tax bill. The saving from a deduction is $$ x your tax bracket."}
{"_id": "409995", "title": "", "text": "The ETF price quoted on the stock exchange is in principle not referenced to NAV. The fund administrator will calculate and publish the NAV net of all fees, but the ETF price you see is determined by the market just like for any other security.  Having said that, the market will not normally deviate greatly from the NAV of the fund, so you can safely assume that ETF quoted price is net of relevant fees."}
{"_id": "410001", "title": "", "text": "I plan to stay debt free, but I appreciate the non-debt-related advantages of having a good credit score. If you plan to stay debt-free, then opening up more cards will not significantly change your credit score.  You seem to want to be going from a good score to a great score, which adding cards alone will not do.   Also, I highly doubt it will significantly affect any of the five things you mention.  If you had a bad credit score, then I could see some effect on renting an apartment, getting a job (where trust with money is a component of the job), etc., but don't try to game the system for some number. You won't magically get cheaper cell phone rates, lower insurance premiums, etc."}
{"_id": "410021", "title": "", "text": "You are vastly overestimating the rate of e-commerce growth.  Here are a couple things to keep in mind:  Brick and mortar sales are still increasing, just not as fast as e-commerce sales.  E-commerce is still only ~10% of all retail sales.  We may have an oversupply of retail square footage, but there is still demand for a lot of the space, retail vacancies are at a all time low.  https://www.census.gov/retail/mrts/www/data/pdf/ec_current.pdf"}
{"_id": "410035", "title": "", "text": "\"Why bother with the ETF? Just trade the options -- at least you have the ability to know what you actually are doing. The \"\"exotic\"\" ETFs the let you \"\"double long\"\" or short indexes aren't options contracts -- they are just collections of unregulated swaps with no transparency. Most of the short/double long ETFs also only attempt to track the security over the course of one day -- you are supposed to trade them daily. Also, you have no guarantee that the ETFs will perform as desired -- even during the course of a single day. IMO, the simplicity of the ETF approach is deceiving.\""}
{"_id": "410038", "title": "", "text": "If you ended at your second paragraph, no. It's simply a refund of your own money. Same as any time I get any cash back, whether due to a credit card reward program or price match.  But. Your 4th paragraph changes this. Yes, you owe tax, as it's clearly not your own money coming back. Even barter income is taxable.  Per the new comments appearing, this is not a case of bartering. I cited bartering as an understandable example of when there's no cash and yet, tax is owed. In this situation, value is received, and it counts as income similar to the barter situations.  Just because the value isn't in cash doesn't negate the tax due. I'd rhetorically ask how OP pays his rent/mortgage, utilities, cell phone bill, etc. The answer is simple, non-traditional income, as OP puts it, has a tax due."}
{"_id": "410061", "title": "", "text": "You do not hold leveraged ETF for longer than a few days.  You have UGAZ and DGAZ, both 3x leveraged, one longs one shorts.  What happens if you buy both? You don't get 0% return. In fact, you get -10% return if you hold both for 3 months.   No matter what happens, they both go down in long term.  Call it Leverage Decay, Beta Slippage, Contango, Rollover, etc.  If you want to gamble that NG goes up within 3 days, go ahead. Just be prepared for the worst cases like losing 15% in 3 days.  If you want to speculate the NG will recover in a year, buy Natural Gas industry ETF http://www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=FCG"}
{"_id": "410083", "title": "", "text": "\"&gt;*\"\"Date of creation: Jan 2006\"\"*  It was pre-GFC. Since that study was done a huge percentage of American families (as well as the taxpayers) have lost major amounts of equity due to out of control deregulation of financial institutions.  Now the US is trying to [push TiSA](http://www.smh.com.au/federal-politics/political-news/secret-trade-negotiations-is-this-the-end-of-the-big-four-20140619-3ah39.html) which tries to continue the deregulation, which is exactly the worth possible thing to do. [TiSA will also globalize millions of service jobs around the world](https://www.youtube.com/watch?v=2_pPqnbXpA4), including in the US.   Thats not what US families need, to suddenly be facing this.\""}
{"_id": "410104", "title": "", "text": "That's exactly why they *should* have tightened faster. A recession now is more likely than it was in 2011-2012 and they can't drop rates of that happens because they never raised them. They're basically buying time before the debt catches up, but they're doing it with more debt so they're treating the immediate symptom and ignoring the long term disease."}
{"_id": "410112", "title": "", "text": "Vikram was protecting American\u2019s interest from European/British suckers, now the stocks will have a roller cost ride. American Investors be careful in investing in this stock, Europeans CEO will fund bad assets in Europe and suck up American investors money out of our economy. Why always innocent American have to lose because of corrupt FDIC suckers. I am sure they are colluded with European bad assets owners and cheaters. GOD bless CitiBank, it is on the path to bankruptcy."}
{"_id": "410117", "title": "", "text": "\"Unfortunately for investors, returns for equity-based investments are not linear - you'll see (semi-random) rises and dips as you look at the charted per-share price.  Without knowing what the investments are in the target date retirement fund that you've invested in, you could see a wide range of returns (including losses!) for any given period of time. However, over the long term (usually 10+ years), you'll see the \"\"average\"\" return for your fund as your gains and losses accumulate/compound over that period.\""}
{"_id": "410118", "title": "", "text": "Hmm, actually you made me wonder if this is something they react to, even if they don't realize it - like how a certain attitude might increase your chances of getting a date. If you act like someone with a lot of hidden weaknesses (whether you have them or not), people might pick up on a fear of taking a chance on you. If you act like people would be lucky to have you, others might pick up on the same cues - note this does not mean you engage in a debate to convince them that they'd be lucky to have you (that's something undesirable people do) - truly desirable people would probably think such debate not worth their time..."}
{"_id": "410119", "title": "", "text": "This isn't some new revelation. Pensions have been around for a long time. And the bankruptcy code is complex and has developed over a long period of time along side it. There is a strong reason why secured creditors are favored over unsecured creditors - because we want creditors to actually make loans and finance operations, investment, expansion, etc... If you eliminate the secured creditors' priority, then loans don't get made in the first place. The company can't offer pensions let alone salaries because the company isn't likely to exist or at least it would be much smaller.  The claims of employees are valid. Nobody is questioning that. But they are just *lower* priority than those of secured creditors who only made loans on the promise that they could recover some assets if ever the loans go into default.  This is also another reason pensions have gone out of style in favor of 401ks. It is foolish to rely on whether a company will exist 10, 20, or 30 years down the road. Companies are always rising and falling in the economy and there is no reason to expect one to just exist in perpetuity."}
{"_id": "410123", "title": "", "text": "\"To add on to the other answers, in asking why funds have different price points one might be asking why stocks aren't normalized so a unit price of $196 in one stock can be directly compared to the same price in another stock.  While this might not make sense with AAPL vs. GOOG (it would be like comparing apples to oranges, pun intended, not to mention how would two different companies ever come to such an agreement) it does seem like it would make more sense when tracking an index.  And in fact less agreement between different funds would be required as some \"\"natural\"\" price points exist such as dividing by 100 (like some S&P funds do). However, there are a couple of reasons why two different funds might price their shares of the same underlying index differently. Demand - If there are a lot of people wanting the issue, more shares might be issued at a lower price.  Or, there might be a lot of demand centered on a certain price range. Pricing - shares that are priced higher will find fewer buyers, because it makes it harder to buy round lots (100 shares at $100/share is $10,000 while at $10/share it's only $1000).  While not everyone buys stock in lots, it's important if you do anything with (standardized) options on the stock because they are always acting on lots.  In addition, even if you don't buy round lots a higher price makes it harder to buy in for a specific amount because each unit share has a greater chance to be further away from your target amount. Conversely, shares that are priced too low will also find fewer buyers, because some holders have minimum price requirements due to low price (e.g. penny) stocks tending to be more speculative and volatile. So, different funds tracking the same index might pick different price points to satisfy demand that is not being filled by other funds selling at a different price point.\""}
{"_id": "410128", "title": "", "text": "In Canada I think you'd do it as a % of square footage. For example: Then you can count 20% of the cost of the of renting the apartment as a business expense. I expect that conventions (i.e. that what's accepted rather than challenged by the tax authorities) may vary from country to country."}
{"_id": "410132", "title": "", "text": "Okay yeah I have confirmed that. But why would Lenovo pay ~$3 billion for a phone company with no IP and, by this logic, would be open to lawsuits by Apple. AFIK Lenovo is still making phones under the Motorola brand. Actually, seems to be thriving."}
{"_id": "410166", "title": "", "text": "\"For one thing fund managers, even fund management companies, own less money than their clients put together. On the whole they simply cannot underwrite 50% of the potential losses of the funds they manage, and an offer to do so would be completely unsecured. Warren Buffet owns about 1/3 of Berkshire Hathaway, so I suppose maybe he could do it if he wanted to, and I won't guess why he prefers his own business model (investing in the fund he manages, or used to manage) over the one you propose for him (keeping his money in something so secure he could use it to cover arbitrary losses on B-H). Buffett and his investors have always felt that he has sufficient incentive to see B-H do well, and it's not clear that your scheme would provide him any useful further incentive. You say that the details are immaterial. Supposing instead of 50% it was 0.0001%, one part in a million. Then it would be completely plausible for a fund manager to offer this: \"\"invest 50 million, lose it all, and I'll buy dinner to apologise\"\". But would you be as attracted to it as you would be to 50%? Then the details are material. Actually a fund manager could do it by taking your money, putting 50% into the fund and 50% into a cash account. If you make money on the fund, you only make half as much as if you'd been fully invested, so half your profit has been \"\"taken\"\" when you get back the fund value + cash. If you lose money on the fund, pay you back 50% of your losses using the cash. Worst case scenario[*], the fund is completely wiped out but you still get back 50% of your initial investment. The combined fund+cash investment vehicle has covered exactly half your losses and it subtracts exactly half your profit. The manager has offered the terms you asked for (-50% leverage) but still doesn't have skin the game. Your proposed terms do not provide the incentive you expect. Why don't fund managers offer this? Because with a few exceptions 50% is an absurd amount for an investment fund to keep in cash, and nobody would buy it. If you want to use cash for that level of inverse leverage you call the bank, open an account, and keep the interest for yourself. You don't expect your managed fund to do it. Furthermore, supposing the manager did invest 100% of your subscription in the fund and cover the risk with their own capital, that means the only place they actually make any profit is the return on a risk that they take with their capital on the fund's wins/losses. You've given them no incentive to invest your money as well as their own: they might as well just put their capital in the fund and let you keep your money. They're better off without you since there's less paperwork, and they can invest whatever they like instead of carefully matching whatever money you send them. If you think they can make better picks than you, and you want them to do so on your behalf, then you need to pay them for the privilege. Riding their coattails for free is not a service they have any reason to offer you. It turns out that you cannot force someone to expose themselves to a particular risk other than by agreeing that they will expose themselves to that risk and then closely monitoring their investment portfolio. Otherwise they can find ways to insure/hedge the risk they're required to take on. If it's on their books but cancelled by something else then they aren't really exposed. So to provide incentive what we normally want is what Buffett does, which is for the fund manager to be invested in the fund to keep them keen, and to draw a salary in return for letting you in[**]. Their investment cannot precisely match yours because the fund manager's capital doesn't precisely match your capital. It doesn't cover your losses because it's in the same fund, so if your money vanishes the fund manager loses too and has nothing to cover you with. But it does provide the incentive. [*] All right, I admit it, worst case scenario there's a total banking collapse, end of civilization as we know it, and the cash account defaults. But then even in your proposed scheme it's possible that whatever assets the fund manager was using as security could fail to materialise. [**] So why, you might ask, do individual fund managers get bonuses in return for meeting fixed targets instead of only being part-paid in shares in their own fund whose value they can then maximise? I honestly don't know, but I suspect \"\"lots of reasons\"\". Probably the psychology of rewarding them for performance in a way that compares with other executive posts or professions they might take up instead of fund management. Probably the benefit to the fund itself, which wants to attract more clients, of beating certain benchmarks. Probably other things including, frankly, human error in setting their compensation packages.\""}
{"_id": "410180", "title": "", "text": "Engine Ignition plays a very important role in running or performance of engine in vehicles. A good ignition must control the timing of the spark at the exact right time and send it to the correct cylinder. Tampa Technology Corporation is a reliable manufacture who provides high quality of Engine Ignition parts."}
{"_id": "410186", "title": "", "text": "Disclosure: I am not an agent.  Yes you can negotiate a lower price if the seller doesn't have to pay a buyers' agent's commission, but you probably won't save the full commission, since the buyer will want to take some of those savings in exchange for the extra risks involved.  Thinks about some of the things that buyers' agents do on your behalf: I expect even a good buyer's agent has some incentive for the sale price to be higher rather than lower, as their commission is greater with higher sales price. True, but their main incentive is to make a sale or they get nothing. Since their commission is relatively low, even a 10% increase in the offer only gives them a 0.3% increase in their commission.  It usually isn't enough for them to encourage you to make a bad deal, which could hurt their reputation.  Does the answer change depending on whether the seller is using an agent or not? Some FSBO sellers are more willing to work with non-agent buyers, but the same risks above apply.   The bottom line is: you can buy a house without an agent, but you need to make sure that you can replace their expertise and time spent working for you, and that the savings are worth the additional work and risks."}
{"_id": "410194", "title": "", "text": "Giving out your bank account number is not generally a security problem.  The first time you write your landlord a security deposit or rent check, he'll have your account number.  (It's printed on the check.) That having been said, in my experience, banks do not generally give out balance information to just anyone who calls them up and gives them an account number.  Have you asked the landlord what he needs?  Perhaps showing him a printout of a recent bank statement is enough."}
{"_id": "410206", "title": "", "text": "Yeah this is what I thought too. The article referencing 'The Big Short' is kind of just fear mongering, the crisis was horrible and the movie did well to reflect that but the entire crux of the story was that credit ratings agencies weren't transparent and the market was being rigged. If regulation is good then there's no reason CDOs are a problem."}
{"_id": "410217", "title": "", "text": "Don't robbers look at neighborhoods first? You might try making your house the shabbiest on the street. :)"}
{"_id": "410223", "title": "", "text": "This is dumb. The sub company will lose money but the parent company will pay taxes on the income they made off of expenses to the subcompany.  This doesn't systematically reduce their risk either. Banks will loan more money if the parent company is liable to pay the bills if the sub company can't. So yes, a bank may make a loan to the sub company without any liability on the parent company, but its going to be a very small loan compared to what they would've given the parent company."}
{"_id": "410226", "title": "", "text": "HSA rules are different in some regards than deductions allowable under Pub 502 which deals with medical expenses deductible in Schedule A of your tax return. Pub 969 governs HSA's and similar reimbursement plans, and the guidelines are as follows: Insurance premiums. You can\u2019t treat insurance premiums as qualified medical expenses unless the premiums are for: -Long-term care insurance. -Health care continuation coverage (such as coverage under COBRA). -Health care coverage while receiving unemployment compensation under federal or state law. -Medicare and other health care coverage if you were 65 or older (other than premiums for a Medicare supplemental policy, such as Medigap). Since your wife is still being treated like an employee for health benefits, and you are not on COBRA, thus not eligible for a deduction. You may qualify under the unemployment provision depending on the cause of her disability."}
{"_id": "410240", "title": "", "text": "&gt; irrelevant to the point, again, that inefficient companies should go under.  Something I've agreed with in each and every post.  I personally see a collapse coming, in fact.  Nothing is going to save these old retail businesses - as I've said in each post.  My point is that _it makes me sad that so many people will suffer as a result._  I fail to understand why this is a controversial idea.  Can you explain?"}
{"_id": "410243", "title": "", "text": "Short of canceling the card, you could just report the card as lost and ask for a new card number on the same account. Another option is to just make a note to look for the charge and keep disputing it. It has been a while since I did credit card processing at my business, but I think the company gets dinged if too many customers dispute charges and kicks them into a higher fee schedule with the credit card company."}
{"_id": "410245", "title": "", "text": "It depends.  If they're giving the coupons *in addition to* the wages, then I see no problem.  If they're substituting all or some of their wages with these coupons, **and** the employee didn't agree to this from the start, then I can see a moral issue with this."}
{"_id": "410252", "title": "", "text": "Probably the easiest to do is to do an international transfer via online banking. You will need to give your IBAN and BIC/SWIFT code of your bank to your friend, he should then be able to transfer the money from his bank. At least, I think they use IBAN in Israel as well. The money will be converted to the currency of your account. There are some fees, but they are not too big I think, and depending on the choice of transfer they can be paid by sender, shared, or by receiver. Contact your bank for precise details. Edit: if you really need to be paid in USD this may not be the best option though."}
{"_id": "410259", "title": "", "text": "What about in the case of a company with unexpectedly low cash (and therefore an inability to easily pay out dividends) but with a surplus of inventory?  Obviously the investors should receive some premium for that, because I think anyone would prefer cash, but there are certainly extreme circumstances where it might be appropriate."}
{"_id": "410272", "title": "", "text": "Need access to hassle free bridging loans?  Call 020 7722 7547! At Fincorp, we are bridge loan specialists. Located at 58 Acacia Road London, we provide loans up to 70% of the property value. Get in touch with us today!"}
{"_id": "410284", "title": "", "text": "\"Say the price is $200K. Would I, as a real estate investor, want to buy such a house? If the rent is $600, that's $7200/yr. \"\"the local property tax rate is levied on the tax base, and the applicable tax rate ranges from 0.40% to 0.76%\"\" so, I'll assume .5%, just $1,000. There are rules of thumb that say half the rent will go to maintenance and other costs, if that seems high, say just $2000.  We're left with $4000/yr. Less than 2% on the $200K investment. Italian bonds are yielding 8%.  As an investor, if I couldn't get more than $2000/mo gross rent, I would not buy the house for $200K.  As a parent, I'd have the money invested, have $16K/yr of income and help support you without taking all the risk the real estate investor has.  Note: your question and my answer are in dollars, but I acknowledge the Italy tag, and used Italy property tax. My tax is 1.6% of home value in my US city.  Edit: per the comment below, the 8% is incorrect. The return on the house purchase doesn't change, of course, but the safe yields are not that high, currently, 1%.\""}
{"_id": "410293", "title": "", "text": "In instances where some poor white voters go republican is because of the attitude against them on the dem side, military support, and various other rights such as the2nd amendment. Usually they go democrat because of perceived handouts or tradition. Now, why do poor urban area vote democrat 100% of the time."}
{"_id": "410313", "title": "", "text": "I struggle to see the value to this risk from the standpoint of your mother-in-law.  This is not a small amount of money for a single person to lend to a single person ignoring your personal relationship.   Right now, using a blended rate of about 8% and a 5 year payment period, your cost on that $50,000 is somewhere in the neighborhood of $11,000 with a monthly payment around $1,014. Using the same monthly payment but paying your MIL at 5% you'll complete the loan about 3.5 months sooner and save about $5,000, she will make about $6,000 in interest over 5 years against a $50,000 outlay. Alternatively, you can just prioritize payments to the more expensive loans.  It's difficult to work out a total cost comparison without your expected payoff timelines and amount(s) you're currently paying toward all the loans.  I'm sure a couple hours with a couple of spreadsheets could yield a plan that would net you a savings substantially close to the $5,000 you'd save by risking your mother in law's money. A lot of people think personal lending risk is about the relationship between the people involved, but there's more to it than that. It's not about you and your wife separating, it's not about the awkward dinner and conversations if you lose your job.  Something might physically happen to you, you could become disabled or die.  Right now, that's an extremely diversified and calculated risk taken by a gigantic lender. Unless your mother in law is very wealthy, this is not nearly enough reward to assume this sort of risk (in my opinion).  Her risk FAR outpaces your potential five year savings. IF you wanted to pursue this as a means of paying interest to a family member rather than the bank, I'd only borrow an amount I budgeted and intended to pay within this single year.  Say $10,000 against the highest interest loan."}
{"_id": "410314", "title": "", "text": "This is interesting, but only looking at SF will bias the results.  I have lived in and visited several big cities and SF cab service is not representative.  In places like Chicago and New York, there are cabs swarming the streets.  Unless you are out in the suburbs, it's typically much faster to just hail a cab.  Uberx and Lyft provide an extra benefit from being cheaper and better service."}
{"_id": "410315", "title": "", "text": "Given Saab's track record of throwing out 90% of the parts GM told them to use and designing their own I can see there being a couple of excellent cars that are way overbudget at the start of this new run :)"}
{"_id": "410322", "title": "", "text": "\"Since I, personally, agree with the investment thesis of Peter Schiff, I would take that sum and put it with him in a managed account, and leave it there. I'm not sure how to find a firm that you like the investment strategy of.  I think that it's too complicated to do as a side thing.  Someone needs to be spending a lot of time researching various instruments and figuring out what is undervalued or what is exposed to changing market trends or whatever. I basically just want to give my money to someone and say \"\"I agree with your investment philosophy, let me pay you to manage my money, too.\"\" No one knows who is right, of course.  I think Schiff is right, so that's where I would put the amount of money you're talking about.  If you disagree with his investment philosophy, this doesn't really make any sense to do. For that amount of money, though, I think firms would be willing to sit down with you and sell you their services.  You could ask them how they would diversify this money given the goals that you have for it, and pick one that you agree with the most.\""}
{"_id": "410325", "title": "", "text": "The BPO companies provide round-the-clock service to cater the customer\u2019s requirement. The majority of good BPO companies provide 24/7 service, in order answer the queries and concerns of their client\u2019s end customers. These experts are fully-trained and they do a regular follow-up for the complaint raised by the customers and do their best for resolving the customer\u2019s complaint to his satisfaction. This enhances the C-Sat (Customer satisfaction) and the credibility of the company."}
{"_id": "410327", "title": "", "text": "To answer your question, you need to ask yourself  Common transaction costs can be really hard to compensate in a single year. It can include house inspections, closing costs, agents commissions, etc---all together, it can be up to 6-10% of the value of your house. This is a difficult goal to beat in a year, and your margin for miscalculations and market fluctuations is very low. In brief, you can be screwed big time. To make a profit in a year, you need to reduce transaction costs to the minimum: Avoid agents, inspectors, mortgage brokers, etc, which can pay you back with an interesting surprise. Bottom line, it can make sense to buy a house for a year, only if you can reduce all the related transaction costs by doing them yourself. If there are many houses in the market for sale, I would try to convince someone to lease the house for a year in the best terms possible (and maybe even try to sub-lease some of the rooms), or also rent-to-own the house. That way you avoid the transaction costs upfront, and would make more financial sense for a non real estate guru."}
{"_id": "410335", "title": "", "text": "That's not a valid counterpoint.    It doesn't rub you the right way because it would require you to take responsibility for your own future and do the work yourself.  It doesn't rub you the right way because it would mean that you couldn't blame anyone else if you weren't able to retire when you wanted to."}
{"_id": "410359", "title": "", "text": "Another vote for a bigger downpayment, for the reasons Benjamin mentions. Also, from experience, I would save up at least a small pile as a separate house emergency fund because you will find things that are wrong and/or that got bodged by the previous owner and it's probably not going to last past the first few months of home ownership. In my case, the home inspector missed - amongst other things - that the shower on the 2nd floor was leaking both into the adjoining bedroom and the living room below. That added a little unexpected expenditure as you might guess."}
{"_id": "410372", "title": "", "text": "As a long time redditor I've come to this conclusion as well.   Some subreddits get more eyeballs than every TV channel combined. That's worth millions to someone who can help commercial and special interests shape discussion and perception."}
{"_id": "410395", "title": "", "text": "If I get a prepaid debit card for the money I make do I have to report my earnings? How do I go about doing this? Yes you must report this. It doesn't matter if they put it in your bank account, or on a debit card, or cash under the table. You have to report the income. You can count on your employer reporting the income to the IRS.  What is the limit I can make when it comes to working while on social security? The Social Security Administration has all sort of info regarding working and receiving benefits. The exact answer depends on the type of benefit (retirement, disability, survivor) and your age (pre-full retirement age, the year you reach retirement age, post retirement age) I would look at their website: http://www.ssa.gov/retire2/whileworking.htm for examples: You can work while you receive Social Security retirement (or   survivors) benefits. When you do, it could mean a higher benefit for   you in the future. Each year we review the records for all working Social Security   recipients. If your earnings for the prior year are higher than one of   the years we used to compute your retirement benefit, we will   recalculate your benefit amount. We pay the increase retroactive to   January the year after you earned the money"}
{"_id": "410404", "title": "", "text": "There are 2 primary ways to bet against a stock if you think it will decline. The first is to short sell shares of that stock the second is to buy put options (I would also add that selling naked call options would also be a bet against but I don't believe that is as common as the other 2 mentioned methods). The problem with short selling an IPO is that you first have to borrow the shares you are going to sell. Since the shares are privately held prior to the IPO that can be problematic. Even after the IPO you may have to wait a bit before shares become available to borrow.  The problem with options (either buying puts or seeking naked calls) is similar. Options are traded on a different exchange than the stock and they have their own requirements that a stock must meet to have options traded. Both of these problems eventually correct themselves however, not in time for you to catch the initial fall you seem to be looking for."}
{"_id": "410420", "title": "", "text": "[Diana e Kelly Shoes](http://www.dianaekelly.com/) on the internet stores may be the best strategy to find your excellent designer handbag even though sitting house. All you'll need can be a personal computer, a reliable net connection and an online payment account. Right after having these things you might be all set to purchase handbags."}
{"_id": "410421", "title": "", "text": "You can deduct retirement contributions (above the line even), but not as a business expense. So you can't avoid the SE taxes, sorry."}
{"_id": "410431", "title": "", "text": "Thinking of personal residence as investment is how we got the bubble and crash in housing prices, and the Great Recession. There is no guarantee that a house will appreciate, or even retain value. It's also an extremely illiquid item; selling it, especially if you're seeking a profit, can take a year or more. ' Housing is not guaranteed to appreciate constantly, or at all. Tastes change and renovations rarely pay for themselves. Things wear out and have costs. Neighborhoods change in popularity. Without rental income and the ability to write off some of the costs as business expense, it isn't clear the tax advantage closes that gap, especislly as the advantage is limited to the taxes upon your mortgage interest (by deducting that from AGI).  If this is the flavor of speculation you want to engage in, fine, but I've seen people screw themselves over this way and wind up forced to sell a house for a loss. By all means hope your home will be profitable, count it as part of your net wealth... but generally Lynch is wrong here, or at best oversimplified. A house can be an investment (or perhaps more accurately a business), or your home, but -- unless you're renting out the other half of a duplex,which splits the difference -- trying to treat it as both is dangerous accounting."}
{"_id": "410450", "title": "", "text": "With a lot excess cash you eventually have two goals: Since interest on cash bank deposits does not exceed inflation and you have currency risk, you may want to get into other asset classes. Options that might be, but not limited to are:"}
{"_id": "410453", "title": "", "text": "\"First - for anyone else reading - An IRA that has no beneficiary listed on the account itself passes through the will, and this eliminates the opportunity to take withdrawals over the beneficiaries' lifetimes. There's a five year distribution requirement. Also, with a proper beneficiary set up on the IRA account the will does not apply to the IRA. An IRA with me as sole beneficiary regardless of the will saying \"\"all my assets I leave to the ASPCA.\"\" This is also a warning to keep that beneficiary current. It's possible that one's ex-spouse is still on IRA or 401(k) accounts as beneficiary and new spouse is in for a surprise when hubby/wife passes. Sorry for the tangent, but this is all important to know. The funneling of a beneficiary IRA through a trust is not for amateurs. If set up incorrectly, the trust will not allow the stretch/lifetime withdrawals, but will result in a broken IRA. Trusts are not cheap, nor would I have any faith in any attorney setting it up. I would only use an attorney who specializes in Trusts and Estate planning. As littleadv suggested, they don't have to be minors. It turns out that the expense to set up the trust ($1K-2K depending on location) can help keep your adult child from blowing through a huge IRA quickly. I'd suggest that the trust distribute the RMDs in early years, and a higher amount, say 10% in years to follow, unless you want it to go just RMD for its entire life. Or greater flexibility releasing larger amounts based on life events.  The tough part of that is you need a trustee who is willing to handle this and will do it at a low cost.  If you go with Child's name only, I don't know many 18/21 year old kids who would either understand the RMD rules on IRAs or be willing to use the money over decades instead of blowing it.  Edit - A WSJ article Inherited IRAs: a Sweet Deal and my own On my Death, Please, Take a Breath, an article that suggests for even an adult, education on how RMDs work is a great idea.\""}
{"_id": "410459", "title": "", "text": "\"Some of this may depend on how your employer chose to deal with your notice period.  Most employers employ you for the duration (which means you'd be covered for March on your insurance).  They could 'send you home' but pay you (in which case you're an employee for the duration still); or they could terminate you on your notice day, and give you effectively a severance equal to two weeks' pay.  That is what it sounds like they did. They should have made this clear to you when you left (on 2/23).  Assuming you work in an at-will state, there's nothing wrong (legally) with them doing it this way, although it is not something I believe is right morally.  Basically, they're trying to avoid some costs for your last two weeks (if they employ you through 3/6, they pay for another month of insurance, and some other things).  In exchange, you lose some insurance benefits and FSA benefits. Your FSA terminates the day you terminate employment (see this pdf for a good explanation of these issues).  This means that the FSA administrator is correct to reject expenses incurred after 2/23.  The FSA is in no way tied to your insurance plan; you can have one or the other or both.  You still can submit claims for expenses prior to 2/23 during your runout period, which is often 60 or 90 days. In the future, you will want to think ahead when leaving employment, and you may want to time when you give notice carefully to maximize your benefits in the event something like this happens again.  It's a shady business practice in my mind (to terminate you when you give notice), but it's not unknown. As far as the HSA/FSA, you aren't eligible to contribute to an HSA in a year you're also in an FSA, except that they use \"\"plan year\"\" in the language (so if your benefits period is 6/1/yy - 5/31/yy, that's the relevant 'year').  I'd be cautious about opening a HSA without advice from a tax professional, or at least a more knowledgeable person here.\""}
{"_id": "410461", "title": "", "text": "\"If you want to make a profit from long term trading (whatever \"\"long term\"\" means for you), the best strategy is to let the good performers in your portfolio run, and cull the bad ones.  Of course that strategy is hard to follow, unless you have the perfect foresight to know exactly how long your best performing investments will continue to outperform the market, but markets don't always follow the assumption that perfect information is available to all participants, and hence \"\"momentum\"\" has a real-world effect on prices, whether or not some theorists have chosen to ignore it. But a fixed strategy of \"\"daily rebalancing\"\" does exactly the opposite of the above - it continuously reduces the holdings of good performers and increases the holdings of bad.  If this type of rebalancing is done more frequently than the constituents of benchmark index are adjusted, it is very likely to underperform the index in the long term. Other issues in a \"\"real world\"\" market are the impact of increased dealing costs on smaller parcels of securities, and the buy/sell spreads incurred in the daily rebalancing trades. If the market is up and down 1% on alternate days with no long tern trend, quite likely the fund will be repeatedly buying and selling small parcels of the same stocks to do its daily balancing.\""}
{"_id": "410476", "title": "", "text": "\"I don't know if those machines work this way in the UK too, but here in the US you can often avoid the coin-counting fee if you opt to convert the money into a gift certificate instead of cash.  I routinely convert my coins to Amazon gift certificate money with no charge.  Individual machines differ in which particular gift cards they use, but at the least, almost all of them offer the option for a no-fee conversion to a voucher/gift certificate to the store where the machine is.  So it's likely you'd be able to use the machine to convert the cash to \"\"money\"\" you can use to buy groceries.\""}
{"_id": "410477", "title": "", "text": "&gt;% of GDP  Well that's a start.  Now:  Why should we compare the government of 1900 to the government of today?  Please be specific about how it makes sense to draw comparisons across vastly different technologies and monetary landscapes.  Also, please supply a credible source.  &gt;relative to other countries. ie soviet union, european nations, ...  Well of course.  The US had a higher per capita GDP than the soviet union or european nations.  &gt;i was an econ minor at northwestern (pretty much all Keynesian teaching).  Goes to a well known neo-classical 'freshwater' school, says it was 'pretty much all Keynesian'.  &gt; i also read a lot of stuff by various austrian economists.  Interesting.  Tell me why they deny scientific method again?  &gt;there's nothing wrong or untrue about that sentence  rich = poor.  However, everyone = poor.  Doesn't make sense.  I'm sure you have an argument. If so, please state it clearly so we don't have to go back eight times to figure out what you meant."}
{"_id": "410478", "title": "", "text": "Look, I'm not an expert in what assets DB has in transportation companies, or to what industries DB's banks lend money. DB is a multinational corporation that probably has its fingers in hundreds of markets and industries. All I am trying to say is that DB is largely disinterested. Just because DB invests marginally in transportation and logistics does not mean that it should be trusted as a significantly invested (and informed) party, any more than I should be trusted as an interested informed party in regards to technology sector because I own shares of a mutual fund that owns shares of Apple and Alphabet. Regardless of the hearsay component, which is inherently untrustworthy, DB is not a market player such that its word should be taken as anything other than with a grain of salt."}
{"_id": "410500", "title": "", "text": "The made a lot of bad decisions:   -  Putting the cash registers in the middle of the store.   -  Cutting the number of employees in each clothing departments. (I know someone who was alone, on a Saturday for all women's clothing).    -  Firing the experience employees working on a % base in certain departments (like the tools) for minimum wage unexperienced ones.     -  Keeping the same buyers who were clearly still stuck in the 80's. Even my Dad would have done a better job.   -  Waiting too long to renovated their stores."}
{"_id": "410542", "title": "", "text": "Your financial advisor got a pretty good commission for selling you the annuity is what happened. As for transferring it over to Vanguard (or any other company) and investing it in something else, go to Vanguard's site, tell them that you want to open a new Roth IRA account by doing a trustee-to-trustee transfer from your other Roth IRA account, and tell them to go get the funds for you from your current Roth IRA trustee.  You will need to sign some papers authorizing Vanguard to go fetch, make sure all the account numbers and the name of the current trustee (usually a  company with a name that includes Trust or Fiduciary as shown on your latest statement) are correct, and sit back and wait while your life improves."}
{"_id": "410543", "title": "", "text": "As a relatively recent nonimmigrant visa holder (O1), I was able to open an ETrade brokerage account without problems. I have full tax residence in the USA so have an SSN, and a credit history so it was no problem.  Later, as a greencard holder, I opened IRA accounts with them, too. Again, there were no issues as I had all the information that the IRS paperwork required at hand."}
{"_id": "410564", "title": "", "text": "Like azam pointed out, fundamentally you need to decide if the money invested elsewhere will grow faster than the Interest you are paying on the loan. In India, the safe returns from Fixed Deposits is around 8-9% currently. Factoring taxes, the real rate of return would be around 6-7%. This is less than what you are paying towards interest. The PPF gives around 9% with Tax break [if there are no other options] and tax free interest, the real return can be as high as 12-14%. There is a limit on how much you can invest in PPF. However this looks higher than your average interest. The stock markets in long term [7 Years] averages give you around 15% returns, but are not predictable year to year. So the suggest from azam is valid, you would need to see what are the high rate of interest loans and if they accept early repayment, you should complete it ASAP. If there are loans that are less than average, say in the range of 7-8%, you can keep it and pay as per schedule."}
{"_id": "410565", "title": "", "text": "\"Wikipedia-level definitions are not an argument.  You're also conflating terms you don't understand.  Obligations issued by the US government are backed by the full faith and credit of the government, as is its physical currency.  This is not the same as every electronic dollar in every bank account comprising the money supply.  Money is accepted by convention, and by government fiat.  Now, I know you don't understand the nuance of what I just said, so I look forward to your confused and strenuously mixed up answer, which will be a blend between whatever white knighting you can lift off a Money 101 website coupled with a C-level community college education.  Hahaha but seriously thanks for letting me know about fractional reserve banking by simply elaborating on its definition.  True insights there, my friend.  Anyway, when a bank lends out money, funds above the reserve are created out of thin air.  The bank gives you a whole lot of \"\"full faith and credit\"\" apparently by your understanding, and if you don't pay them, then they get your car, house, non-exempt assets in bankruptcy, etc.  My point is that it is an exorbitant privilege which if thought about for more than two seconds, and without an authority-worshipping, boot licking attitude, is pretty fucked up.  The reserve ratio isn't just about the assets kept on hand.  It's about where the 100% of those assets come from.  Ultimately they come from the Federal Reserve, and not even the Treasury.\""}
{"_id": "410590", "title": "", "text": "\"Almost every online datasources provide historical prices on given company / index's performance; from this, you can easily calculate \"\"standard deviation\"\" by yourself. With that said, standard deviation presumes a fixed set of data. Most public corporations have data spanning multiple decades, during which a number of things have changed: For these reasons, I have doubts on simplistic measures, such as \"\"standard deviation\"\" measuring any reality on the underlying vehicle. Professional investors usually tend to more time-point data, such as P/E ratio.\""}
{"_id": "410591", "title": "", "text": "In addition to changing the beneficiary of the account, you can withdraw excess funds without penalty if the child dies or is disabled, or if the child gets a scholarship. Also remember that the tax and penalty is on earnings, not principal."}
{"_id": "410593", "title": "", "text": "**Here's a sneak peek of [/r/CFA](https://np.reddit.com/r/CFA) using the [top posts](https://np.reddit.com/r/CFA/top/?sort=top&amp;t=year) of the year!**  \\#1: [EXAM COMPLETION UPVOTE PARTY](https://np.reddit.com/r/CFA/comments/6f1beo/exam_completion_upvote_party/)   \\#2: [Passing Level 1 upvote party!](https://np.reddit.com/r/CFA/comments/4uoi45/passing_level_1_upvote_party/)   \\#3: [How to hit on girls after the CFA exam](https://np.reddit.com/r/CFA/comments/6eqykh/how_to_hit_on_girls_after_the_cfa_exam/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/5lveo6/blacklist/)"}
{"_id": "410609", "title": "", "text": "Some good honest questions...there will be people who come in here and claim one side or the other but the answer is, yes.  It's a little bit of all those things.  Some of those things actually tug on each other...as one becomese a problem the other worsens as well...so Y is bad but is it because of X?    For example, overly simlified, if people can't get a loan for a new home would this effect the number of new homes being built?  If home builders can't sell homes at a certain price because banks aren't willing to lend X dollars to someone with Y credit worthiness, they drop their prices to Y credit worthiniess, which effects used homes sales which means more people are still under water for their current home value and chose not to sell their used home which leads to less inventory as well.    There's a million scenarios. A million answes.  None of which I have."}
{"_id": "410621", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-afghanistan-attack/taliban-kill-at-least-43-afghan-troops-as-they-storm-base-officials-idUSKBN1CO0SG) reduced by 81%. (I'm a bot) ***** &gt; KABUL - The Afghan Taliban stormed a military base in the south of the country killing at least 43 troops on Thursday, the Defence Ministry said, with the militants saying they had killed 60.  &gt; The attack will underscore worries about the ability of the Afghan security forces to deal with a relentless insurgency which they have struggled to contain since most foreign troops left at the end of 2014.  &gt; Among the dead in those attacks were at least 36 members of the Afghan security forces, including a senior provincial police commander.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77g98q/taliban_kill_at_least_43_afghan_troops_as_they/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231441 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **attack**^#1 **base**^#2 **Afghan**^#3 **killed**^#4 **militant**^#5\""}
{"_id": "410675", "title": "", "text": "Why would you want to withdraw only the company match, and presumably leave your personal contributions sitting in your ex-company's 401k plan? Generally, 401k plans have larger annual expenses and provide for poorer investment choices than are available to you if you roll over your 401k investments into an IRA. So, unless you have specific reasons for wanting to continue to leave your money in the 401k plan (e.g. you have access to investments that are not available to nonparticipants and you think those investments are where you want your money to be), roll over part (or all) of your 401k assets into an IRA, and withdraw the rest for personal expenses.  If your personal contributions are in a Roth 401k, roll them over to a Roth IRA, but, as I remember it, company contributions are not part of the Roth 401k and must be rolled over into a Traditional IRA. Perhaps this is why you want to take those in cash to pay for your personal purchase? Also, what is this 30% hit you are talking about? You will owe income tax on the money withdrawn from the 401k (and custodians traditionally withhold 20% and send it to the IRS on your behalf) plus penalty for early withdrawal (which the custodian may also withhold if you ask them), but the tax that you will pay on the money withdrawn will depend on your tax bracket, which may be lower if you are laid off and do not immediately take on a new job. That is, the 30% hit may be on the cash flow, but you may get some of it back as a refund when you file your income tax return."}
{"_id": "410707", "title": "", "text": "\"When he wrote this I think there may have been greater interchangeability between workers, workers were perfectly competitive if you will.   I find that there is huge wage growth, in certain industries and with certain skills. This only impacts a limited number of people, with the majority of workers in fields that are not heavily valued.   Another avenue would be to look at the \"\"real\"\" wage. If wages are going up only 1-2%, but inflation was at negative 3-4%, then those workers wages were increasing at 4-6%.   I am not sure the gig economy is to blame. The gig economy would suggest that we are nowhere near full employment. How can people have time to have these gigs if they were gainfully employed already?   Another scenario is that we are not near full employment at all, that you have a large number of people who are reluctantly part time, supplementing their income with other jobs to make ends meet.   And I am sure that were Milton Friedman alive today, he would change his assumption to match reality. I wonder what wisdom he would have for us today.\""}
{"_id": "410715", "title": "", "text": "The federal government is already much smaller than it has been at any time since World War II, while our population has drastically increased. We've also already cut funding to many government programs and departments (except the military and related departments).  I'm not sure we can feasibly _make_ many more cuts. I think it would be worth it to create a plan to streamline and make governmental departments more efficient, though."}
{"_id": "410721", "title": "", "text": "Who do we give the praise for the 7.9 trillion dollars added to the national debt during Obama's two terms?    But yes, let's give that economic genius praise for the 100 billion reduced over the past 7 months.  Obama and Bush (Dubya) spent money like the world was ending."}
{"_id": "410728", "title": "", "text": "If you had a CC issuer that allowed you to do bill-pay this way, I suspect the payment would be considered a cash advance that will trigger a fee and a pretty egregious cash advance specific interest rate.  It's not normal for a credit payment portal to accept a credit card as payment. If you were able to do this as a balance transfer, again there would be fees to transfer the balance and you would not earn any rewards from the transferred balance.  I think it's important to note that cash back benefits are effectively paid by merchant fees.  You make a $100 charge, the merchant pays about $2.50 in transaction fee, you're credited with about $1 of cash back (or points or whatever).  Absent a merchant transaction and the associated fee there's no pot of money from which to apply cash back rewards."}
{"_id": "410732", "title": "", "text": "I think you have some misplaced anger.  Trickle down economics would say that your tax burden should be lower.   You have a high tax burden not because of trickle down economics, but because politicians have voted in high corporate taxes in this country.  The big corporations are just good at avoiding paying those taxes in the first place."}
{"_id": "410822", "title": "", "text": "I think you are mixing up the likelihood of making a profit with the amount of profit. The likelyhood of profit will be the same, because if you buy $100 worth of shares and the price moves up you will make a profit. If you instead bought $1000 worth of the same shares at the same price and the price moved up you would once again make a profit. In fact if you don't include commissions and other fees, and you buy and sell at the same prices, you percentage profit would be the same.  For example, if you bought at $10 and sold at $12, you percentage gain of 20% would be the same no matter how many shares you bought (not including commissions). So if you bought $100 worth your gain would have been 20% or $20 and if you bought $1000 worth your gain would have been 20% or $200. However, if you include commissions, say $10 in and $10 out, your net profit on $100 would have been $0 (0%) and your net profit on $1000 would have been $180 (18%)."}
{"_id": "410833", "title": "", "text": "**Vix pervenit**  Vix pervenit: On Usury and Other Dishonest Profit was an encyclical, promulgated by Pope Benedict XIV on November 1, 1745, which condemned the practice of charging interest on loans as usury. Because the encyclical was addressed to the Bishops of Italy, it is generally not considered ex cathedra. The Holy Office applied the encyclical to the whole of the Roman Catholic Church on July 29, 1836, during the reign of Pope Gregory XVI.  The encyclical codified Church teachings which date back to early ecumenical councils, at a time when scholastic philosophy (which did not regard money as a productive input) was increasingly coming into conflict with capitalism.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "410837", "title": "", "text": "Nitransfers - A USA Leading E-commerce Company. Buy Breast Cancer Products Online at the best price in Florida, USA. Our goal is to make the best heat transfers, that are easy to peel and will last longer than the garment you print it on."}
{"_id": "410873", "title": "", "text": "This had nothing, nada, to do with the Book of Faces (well, in a general way, but it wasn't mentioned by name). I don't know why Forbes wedged that image of Z's face in the metadata for this article. Or is that someone else?"}
{"_id": "410874", "title": "", "text": "\"all the other answers are spot on, but look at it this way. really all you mean when you say \"\"building equity\"\" is \"\"accumulating wealth\"\".  if that is the goal, then having her invest the money in a brokerage (e.g. ira) account makes a lot more sense.  if you can't afford the apartment without her, then you can't afford to pay out her portion of the equity in the future.  which means she is not building equity, you are just borrowing money from her.  the safest and simplest thing for you to do is to agree on a number that does not include \"\"equity\"\". to be really safe, you might want to both sign something in writing that says she will never have an equity stake unless you agree to it in writing.  it doesn't have to be anything fancy. in fact, the shorter the better. i am thinking about 3 sentences should do the trick. if you feel you absolutely have to borrow money from her on a monthly basis to afford your mortgage, then i recommend you make it an unsecured loan.  just be sure to specify the interest rate (even if it is zero), and the repayment terms (and ideally, late payment penalties). again, nothing fancy, 10 sentences maybe.  e.g. \"\"john doe will borrow x$ per month, until jane doe vacates the apartment. after such time, john doe will begin repaying the loan at y$ per month....\"\" that said, borrowing money from friends and family almost never turns out well. at the very least, you need to save up a few months of rent so that if you do break up, you have time to find another roommate. disclaimer: i do not have any state-issued professional licenses.\""}
{"_id": "410887", "title": "", "text": "\"I'll answer this question: \"\"Why do intraday traders close their position at then end of day while most gains can be done overnight (buy just before the market close and sell just after it opens). Is this observation true for other companies or is it specific to apple ?\"\" Intraday traders often trade shares of a company using intraday leverage provided by their firm. For every $5000 dollars they actually have, they may be trading with $100,000, 20:1 leverage as an example. Since a stock can also decrease in value, substantially, while the markets are closed, intraday traders are not allowed to keep their highly leveraged positions opened. Probabilities fail in a random walk scenario, and only one failure can bankrupt you and the firm.\""}
{"_id": "410906", "title": "", "text": "Completely wrong. People are traveling less and Sears has chosen suburban malls requiring lots of space. Urban shopping malls (think Kohls, old navy, home depot, local grocery stores) are doing better, there is a uptick in buy local campaigns.   Also I think the economy is doing so well in terms of employment and wages have grown so little, that the desire and capability of many people to buy expensive and nice fridges and washer machines, watches and housewares because they a) have no time to enjoy them and b) would ratber spend the money on time saving/enjoyment. The retail companies that realize you need to entertain your customers and their families will win."}
{"_id": "410913", "title": "", "text": "\"Technical people on Reddit who have dealt with Oracle or similar web sites &amp; systems (myself included) seem to believe that Oregon's claims come down to whether it was Oracle or the state government who was worse at planning the creation and maintenance of Oregon's healthcare web site.  I tend to think that government entities are often worse at managing &amp; planning things, and therefore believe that Oracle would be less likely to blame, but this doesn't necessarily mean that all of the more than dozen claims for damages will all be thrown out either.  One key claim is that Oracle asserted that ~95% of the web site's functionality would work \"\"out of the box\"\", thus leaving only 5% of the web site's functionality requiring third party (potentially custom) integration.  The burden is on Oregon to prove that the failures of the web site were the result of more than that 5%, and that Oracle was contractually obligated to fix issues with the \"\"&gt;5%\"\" at no additional charge.  Failure to prove that would result in Oracle being justified in asking for more $ to fix the web site, such that the alleged racketeering and much of the fraud did not actually take place.\""}
{"_id": "410923", "title": "", "text": "If the company loses money, do the workers have to dip into their savings to keep the company afloat? If not, isn't the sense of ownership a bit one sided (all the upside, none of the risk)?   Was the company founded as a co-op? If not, how was the transition made?"}
{"_id": "410936", "title": "", "text": "\"Before you are married, I recommend keeping your finances separate.  However, once you are married, I recommend combining your finances completely. In my opinion, marriage works best when you work together as a team, a single unit.  You no longer have \"\"his money\"\" and \"\"her money,\"\" or \"\"his income\"\" and \"\"her income.\"\"  Nor is there \"\"his debt\"\" and \"\"her debt.\"\"  There is only \"\"our money,\"\" \"\"our income,\"\" \"\"our debt,\"\" and \"\"our budget.\"\"   Indeed, if you are the one with less debt, isn't it in your household's best interest to help eliminate your spouse's debt as fast as possible?  If you are the one with more income/employment, how do you quantify the monetary value of the spouse who stays at home more and manages the household?  You can't, and it is best not to try.  Instead, pool together all income and expenses, and work together to meet common goals. To do this, open up a joint bank account and close your individual accounts. Meet on a regular basis to decide your household budget.  If you do that, it doesn't matter who is responsible for the mechanics of paying the bills or balancing the budget.  These tasks just get assigned to someone, just like any other household chore. Usually, one of you will be more financially minded than the other, and that person will take the lead in setting the budget, paying the bills, balancing the checkbook, etc.  However, it is important that both people are aware of what is going on and have access to the financial information.   In our house, I am the one who takes the lead on financial matters.  I pay the bills (out of our joint accounts) and set the monthly budget using YNAB software.  However, my wife has the ability to look at YNAB at any time to see the budget, and she can log into the bank website to see the transactions there as well.  No secrets. To be clear, we each have a small amount of cash/fun money that we can spend without worrying about checking in with the spouse on every little thing.  But this is a small percentage of our budget, and we talk to each other before spending any significant amount of money.\""}
{"_id": "410959", "title": "", "text": "James Lisi, Founder &amp; CEO of Increase Visibility, boasts 10+ years of experience in the field associated with Search Engine Marketing. Increase Visibility is an award-winning Internet Marketing Agency, located in Orange County, CA, which supplies their clientele outstanding Pay Per Click (PPC) advertising, Search Engine Optimization (SEO) results, Social Media Optimization (SMO), Reputation Management, Local along with Mobile campaigns. Our own client list includes Fortune One thousand organizations along with the medium-large sized companies.   James Lisi started Increase Visibility in 2003 soon after understanding that there was a large need for good quality Search Engine Marketing companies even though the internet was still evolving. He accumulated several well-known specialists to make a leading Digital Marketing firm within the field right now. James Lisi is focused on guaranteeing that Increase Visibility continues to be one of the leading digital marketing firms around the world.  http://www.increasevisibility.com/"}
{"_id": "410970", "title": "", "text": "Generally speaking, when you are asked whether you consent to a credit check, what is implied is that your identifying information is shared to enable that check.  Most credit nowadays (credit, mortgage, car lease, even cell phone accounts etc.) is simply unavailable without a credit check."}
{"_id": "410987", "title": "", "text": "I would turn down a 20% raise in salary without thinking, if they would offer that I can have a 4 day work week. I even take a 10% cut for this!"}
{"_id": "410990", "title": "", "text": "AD FINMANS was promoted in 2013 with an objective to provide value added financial services. We have a professional team of financial experts who understand your requirements of loan. We analyze the requirements and consult you on the best possible options so that you can avail the benefits of your loan with your feasible tenure."}
{"_id": "411000", "title": "", "text": "\"You should call your plan administrator and ask. Few plans allow people to take a \"\"hardship withdraw\"\" after leaving because their is no way to pay the funds back since you are no longer working there. The repayment process is done via payroll deduction usually. Also you will most likely be required to withhold 20% for taxes from the 401k. There is no way to defer the taxation unless you take it  next calendar year. You may want to consider doing a rollover into an IRA and taking the w/d and you can do a 60 day rollover. You only get 1 per rolling 12 months now (rather than account do to a change in the rule.) IRA's (not 401k) do give you flexible withholding so you don't have to pay taxes today though they would still be in the tax year based on the calendar date taken out, so if you take it out in 2015 your going to be paying them at the end of this year when you file in April of 2016. Your question seems to be mixing characteristics of both 401k and IRA and while they are similar they do operate very differently.\""}
{"_id": "411014", "title": "", "text": "First a couple of quick points. Many people have an IRA (of any type) and a 401K. Over your professional career, the retirement packages for every employer will be different.  For this year you don't need to decide on the Roth or not until April 15th. You will be able to put 2014 money into the account as late as April 15th 2015. You will have a better understanding of your job situation at that time. It is possible that your post-graduation employer doesn't offer 401K matching, or has high expense funds only, or has no 401k. Don't worry about retirement funds and dividend season. Yes if you invest right before the mutual fund issues the end of year dividend the price per share will go down. But in the retirement account you should just allow it to repurchase shares. In a non-retirement account the dividend would be a taxable event, which means you will end up sending money to the IRS. The retirement account avoids this issue."}
{"_id": "411021", "title": "", "text": "With $7 Million at stake I guess it would be prudent to take legal advise as well as advise from qualified CA. Forex trading for select currency pair [with one leg in INR] is allowed. Ex USDINR, EURINR, JPYINR, GBPINR. Forex trading for pairs without INR or not in the above list is NOT allowed."}
{"_id": "411034", "title": "", "text": "I wrote an article about this a while ago with detailed instructions, so I'll link to it here. Here's a snippet about how to use the Roth IRA loophole and report it properly: You don\u2019t have any Traditional/Rollover IRA at all. You deposit up to the yearly maximum (currently $5500) into a traditional IRA. In your case, you re-characterized, which means you essentially deposited. The fact that it lost money may help you later if you have extra amounts in Traditional IRA. You convert your traditional IRA to become Roth IRA ($5500 change designation from Traditional IRA to Roth IRA).  You fill IRS form 8606 and attach it to your yearly tax return, no tax due. You have  a fully funded Roth IRA account. If you have amounts in the Traditional IRA in excess to what you contributed last year - it becomes a bit more complicated and you need to prorate. See my article for a detailed example. On the form 8606 you fill the numbers as they are. You deposited to IRA 5500, you converted 5100, your $400 loss is lost (unless you have more money in IRA from elsewhere). If you completely distribute your IRA, you can deduct the $400 on your Schedule A, if you itemize."}
{"_id": "411043", "title": "", "text": "Although I am not a tax professional, and in this case you would be better off with a professional advice, my understanding (at least of Arizona, New York and California individual tax regulations that I've been dealing with) is that you only pay taxes in the state in which you're domiciled.  Lottery winnings are payed by States/State-run corporations and as such sourced to the State that pays it. Buying a ticket in SC links you to the lottery run in that State, even if you live in another. You'll be claiming your winnings in SC, not in NC, and the winnings will be sourced to SC, not NC. As such SC will be taxing them. NC will be taxing them as well, since you're NC resident."}
{"_id": "411044", "title": "", "text": "Yes, there are a bunch. I have used Paypal and it worked quite nicely. I see endless ads these days for Square, a tiny card reader that you plug into a smartphone that lets you swipe the card. (With Paypal you have to type in the credit card number.)"}
{"_id": "411061", "title": "", "text": "One place you might consider looking for answers is in case studies from Harvard Business School.  When I was working an MBA, we studied the default of Argentina as part of our economics coursework. Other sources for your consideration might include:"}
{"_id": "411063", "title": "", "text": "Through your question and then clarification through the comments, it looks like you have a U.S. LLC with at least two members.  If you did not elect some other tax treatment, your LLC will be treated as a partnership by the IRS.  The partnership should file a tax return on Form 1065.  Then each partner will get a Schedule K-1 from the partnership, which the partner should use to include their respective shares of the partnership income and expenses on their personal Forms 1040. You can also elect to be taxed as an S-Corp or a C-Corp instead of a partnership, but that requires you to file a form explicitly making such election.  If you go S-Corp, then you will file a different form for the company, but the procedure is roughly the same - Income gets passed through to the owners via a Schedule K-1.  If you go C-Corp, then the owners will pay no tax on their own Form 1040, but the C-Corp itself will pay income tax. As far as whether you should try to spend the money as business expense to avoid paying extra tax - That's highly dependent on your specific situation.  I'd think you'd want to get tailored advice for that."}
{"_id": "411084", "title": "", "text": "\"Consultant, I commend you for thinking about your financial future at such an early age. Warren Buffet, arguably the most successful investor ever lived, and the best known student of Ben Graham has a very simple advice for non-professional investors:  \"\"Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard\u2019s.)\"\" This quote is from his 2013 letter to shareholders. Source: http://www.berkshirehathaway.com/letters/2013ltr.pdf Buffet's annual letters to shareholders are the wealth of useful and practical wisdom for building one's financial future. The logic behind his advice is that most investors cannot consistently pick stock \"\"winners\"\", additionally, they are not able to predict timing of the market; hence, one has to simply stay in the market, and win over in the long run.\""}
{"_id": "411106", "title": "", "text": "Why is it so hard for people to shed their partisan blindfolds and embrace this simple fact: if you pay the middle class and the poor less, there will be less internal demand. It's basic economics, basic arithmetic really.   What happens when the rich gain an extra dollar? 90% of it goes into some investment, like shares or hedge funds, and so out of the real economy.   What happens when the middle class gains an extra dollar? $0.95 gets spent into the real economy, and only the rest goes into savings.   Is it really that hard to understand the mechanics of this, and do the impact of riding inequality?"}
{"_id": "411136", "title": "", "text": "The numbers are presented by his underling. If they were baseless or intentionally false (like claims by several of his past secretaries) then you hold the executive accountable.  That's how management works.  I'm not asking him to be an expert, I'm asking for him to have a reliable staff."}
{"_id": "411142", "title": "", "text": "Yes I certainly enjoy Perry Mason , also Colombo . Also NCIS and Burn Notice , and not forgetting a lot of the oldies - Miami Vice , Hart to Hart , Maverick ... . I certainly wouldn't mind revisiting quite a lot of the old detective shows . There is also the science fiction - Battlestar Galactica , V , Alien Nation - all the original series . And then there is all the UK series - Only Fools &amp; Horses , A Touch of Frost , Wycliffe , Last of the Summer Wine , Dads Army , The Professionals , Foyle's War etc . However these can be obtained on DVD - hence why bother with TV ?! - except for the expense ."}
{"_id": "411143", "title": "", "text": "In October 2011 in the United States, you just don't have any options.  Save your money in a savings account and that is the best you can do.  Your desire to buy a house means you are a saver not an investor, and you risk tolerance on this pile of money is 0. Save it in a bank account; I highly doubt chasing an interest rate will pay off with any significance. (being highly dependent on your opinion of significant)"}
{"_id": "411159", "title": "", "text": "Bloomberg is really just a huge database.  You can look up just about anything you need to know.  Launchpad is much better than the old NW market monitors.  The Excel API is useful.  If it wasn't where all my brokers are I would consider something different like Eikon.  It has some limitations but it's a useful system and parts of my job would be a pain without it."}
{"_id": "411176", "title": "", "text": "Part of the real problem with Trump and his supporters is that they don't believe anything, regardless of the source. nearly 100% of scientists agree that the climate is warming due to human activity, but they still question it. 100% of biologists accept evolution and still the trump crowd don't accept it.  Is this media bias site perfect...? of course not. But it rings true, is checked by multiple sources, and is maintained by media reviewers. It may be the only reliable source.  But, I also quoted Forbes."}
{"_id": "411183", "title": "", "text": "Yes, almost everything was custom, and was mostly\\* well built.  It would almost\\*\\* work fine as a hydraulic press for industrial applications.  \\*  There are things like the really impressive tapered roller baring on the wrong side.  Probably because the engineering firm wanted to show them off.  \\*\\*  Things like not being able to unlock the door when the power is cut is **NOT OK**.  As in, major injuries and massive laswuit not ok.  We're talking, it doesn't matter if the company is bankrupt, this is bad enough to go after the designers personally not ok."}
{"_id": "411206", "title": "", "text": "Can you wait until you retire before needing the money? Will you buy your first house sometime in the future? If yes, then favour an RRSP. Remember that you are rewarded by paying less tax for having the foresight and commitment to defer income taxes until your retirement, when you are presumably earning less income. Are your household expenses higher than 28% of your gross income? 35% of your net income? Does making your mortgage payments stress you? Are interest rates lower than their historical norm and an increase would cause you difficulty? If yes, then favour your mortgage. Do you need this money before your retire? Does your TFSA earn more interest than your mortgage costs your? If yes, then favour a TFSA. Does an alternative investment earn more than your TFSA? Can you handle an uptick in your mortgage interest rate? If yes, then favour the alternative investment and not your RRSP, mortgage or TFSA."}
{"_id": "411255", "title": "", "text": "\"You need to elaborate a bit.       \"\"Cash\"\" just means physical currency, ie. bills and coins.       But cash is just an investment in currency.       Wealth is the ownership of *something*. Could be real estate, could be stocks, could be gold.       But your wealth has to be *somewhere*. And every investment has its risks and returns.       Imagine you had a million USD in the bank. And then ISIS carried out nuclear attacks on Chicago, LA, and New York.       You would still have a million USD, but you would be a lot less wealthy.\""}
{"_id": "411258", "title": "", "text": "Netgear extender is widely used these days to expand the wifi signal of your existing main router. Mywifiext net setup page helps you to enter into the configuration settings and customising your extender. Send query on our helpdesk if you have any."}
{"_id": "411292", "title": "", "text": "If you just need to fill out the basic forms. this post is really helpful and translates them to english as well as telling you which forms to fill out. http://www.toytowngermany.com/wiki/ELSTER . it really helped me out the last couple years. this year is of course tricky as i did some consulting back in the US and have to figure out the AUS form vs N AUS or what the deal is.  hope it helps"}
{"_id": "411303", "title": "", "text": "\"Navigating in Windows takes way too many clicks. Find a way for me to get to what I want without digging and holding my mouse over things and then you'll help me realize my full potential.  I'm not going to learn to customize anything either. So develop your solution around that; Get the user what he/she wants without them having to explicitly tell you exact details.  Maybe you turn on something that watches how I interact and what programs I use. Maybe there's an \"\"App Store\"\" in the OS that only sets up what I've selected. Maybe millions of ideas - but solve that problem and you'll have a happier user.  Build the machine around the user's style. DONT force the user to make the machine work for them.  edit: I don't have a Mac so I don't know if that's how they work. But I did just get the iPhone 5 (from an Android) and God Damn that's the way a device should function. It's built around HOW I use the phone and I don't have to figure anything out or force it to work for me. It just works. Even after rooting and various tools the Android was still something that worked against me rather than for me.\""}
{"_id": "411313", "title": "", "text": "Let LightWerks check to see that your Digital Video Sources are HDMI-ready and HDCP-compliant with a FREE Communications Technology Audit\u2026it will only take us 10 minutes of your time! During the 10 minute audit, we can make sure your computers and displays are speaking the same language."}
{"_id": "411318", "title": "", "text": "It's a map. I used it, I got lost.  It's well catalogued just how bad it was at launch. Anyone in charge of something as important as a map should not be releasing something so obviously inaccurate.  We're not talking a computer game here, we're talking navigational software. Their decision to release it in such a poor state exposed their lack of interest in accuracy. There is other map software out there that I trust, so I see no reason to take a risk."}
{"_id": "411332", "title": "", "text": "Sheegan has a great explanation of how the TBA market contributes to  mortgage rates. The 30 Year Mortgage rates are closely tied to the 10-Year Treasury.  One can track this rate at many stock quoting sites using symbol TNX."}
{"_id": "411334", "title": "", "text": "You can ask your employer for anything that you want. However, most employers, if they are contributing their own money into your HSA, or you are contributing to your own HSA through payroll deduction, only work with one HSA, which is much easier for them to manage. You are free to decline their HSA if you want.  However, if they are kicking in free money into your HSA, I don't recommend that you decline it.  Just pick the best option you have for investing. As for the money that you are contributing, if you don't want to put your own money into your employer's Aetna HSA, you can open up an HSA with any institution you like.  You can even do this and still keep Aetna HSA to take advantage of the employer's contributions.  However, your annual limit is still the total of all contributions to all HSA's in your name, whether you make them or your employer makes them. When deciding whether or not to use payroll deduction into the Aetna HSA or to go your own way, keep in mind that payroll deduction skips some payroll taxes."}
{"_id": "411354", "title": "", "text": "If you leave your job with money that you contributed to the 401K, the company will have a policy about whether you can leave the money in the 401K or whether you must take it with you.  I have normally seen that if it is a small amount, then it must be taken and if it is over a certain amount (maybe $10K) then you have the option of leaving it in the account or taking it out. If you take it out, then you should contact a brokerage first and get instructions from them for how to have it transferred into a rollover account to avoid having to pay tax.  If the company makes the check out to you or transfers money into a non-retirement account, then they will very easily cause a taxable event and they will likely withhold tax from the payment.   If you leave the money in the 401K after you leave, you will generally have fewer investment choices, higher fees, and you may have higher risks.  Occasionally companies in hard times fraudulently raid their 401K accounts and when this happens it can be very difficult to get it back. (For examples see the Dept Of Labor page at http://www.dol.gov/ebsa/newsroom/criminal/main.html and look for 401k or retirement in titles). As far as having the money invested for several years, that time can be your friend if you get a reasonable rate of return.  Over 30 years your money should be able to double multiple times.  (At 8% return it will take less than 10 years to double the money. [see http://buyupside.com/calculators/doublemoneyfeb08.htm])"}
{"_id": "411375", "title": "", "text": "\"Because the returns are not good. One of the big drivers in Australia is \"\"negative gearing\"\": if your investment loses money you can offset losses against your tax on other income. Institutional investors and corporations are in the business of making money: not losing it. Housing market investors are betting that these year to year revenue losses will ultimately be made up in a big capital gain: for which individuals get a huge tax break that is also not available to corporations. Capital gains are not guaranteed. Australia has benefited from 25+ years of economic, employment and wages growth: a result of good government planning, strong corporate governance and a fair slice of luck. If this were to end housing prices would plateau at best and crash at worst. A person who has negative cash flow investments has to sell them urgently if they lose their job. A glut of mortgagee sales and property prices could easily come off 20-30%. Rental yields on residential property in Sydney are about 4% with a capital gain of currently 10% but this has been flat or negative within the last 5 years and no doubt will be again within the next 5. Rental yields for residential property are constrained by mortgage rates: if it significantly cheaper to buy then to rent, why would anyone rent? In contrast, industrial and commercial property gets a yield of about 7% and gets exactly the same capital gain. This is because land is land and if the  price of industrial land doesn't grow at the same rate as the residential land next door eventually one will be converted into the other. Retail rentals are even higher. In addition commercial tenants are responsible for more outgoings and have fewer legal rights than residential tenants. Further, individual residential properties are horribly illiquid and have large transaction costs. While it is possible to bundle them up into property trusts so that units can be sold on the stock exchange it is far more common to do this with office and retail buildings. This is what companies like Westfield and AMP Capital do. Notwithstanding, heavily geared property trusts can get into deep water because of the illiquid nature of property as the failure of Centro  illustrates. That said, there are plenty of companies that develop residential houses and units for sale to owner occupiers or investors because that's where the money is.\""}
{"_id": "411377", "title": "", "text": "Yeah, they'd be worth more than EA.  There's no way Zynga is worth that much.    My take is that people can only play a game for so long (unless its like the classics like Chess, checkers and what not), Zynga would have to compete for a user's time with everything else.    It's only a matter of time until people get bored and move to something else.  Zynga would have to continually make games that will suck people in.    Not saying Zynga is a bad company, but I don't think its worth 7 billion dollars.  Youtube was bought for like 2 billion I believe, and I would much rather pay for Youtube than Zynga."}
{"_id": "411385", "title": "", "text": "\"Yeh sure! You will drive your car, hope the store will have what you look for, in the right size and color, and pay more. Rather than buy on-line.  What's next? You will say \"\"it's the fault of the consumer\"\" that they chose to drive cars instead of horses with buggies?  Brick and mortar retail can not be the same if you can shop and have huge selection on-line from anywhere were you live.\""}
{"_id": "411395", "title": "", "text": "We buy groceries online, because we live in an apartment, and lifting 5kg bags of rice and potatoes, 2L bottles of milk, juice, and cooking oil, and 2 jumbo boxes of nappies is physically impossible. Even if we had a car, getting these from the carpark up to the apartment would still be a major hassle.  We do still buy fresh produce in person though, because firstly, as you said, we know our preferences better, and secondly, fruits are charged per each for online orders, and fresh vegetables are not sold online."}
{"_id": "411437", "title": "", "text": "Our services cater to a wide range of industry and we are fully capable of meeting any size demand. Using the latest technology and state of the art methods we provide quality electroplating services. Trust our highly qualified as well as experienced team to do the job with accuracy and in a time efficient manner."}
{"_id": "411454", "title": "", "text": "For the specific example you gave, a CD with a 0.05% rate of return, I'd shop around some more, that's a VERY low rate of return. A more realistic one would be 0.5%, depending on the terms. As has been mentioned, CDs are good when you need to preserve your capital. What might be a situation for that? They are great for Emergency funds, which you should always have a reasonable amount of cash in. I have a set up 3 CDs with 12 month terms, each carrying about 30% of my emergency savings. The remaining 10% I keep in a standard savings account, for quick access dealing with a short term emergency. The 3 are spaced about 4 months apart, so that I'm always within 4 months of having one come to term. They have a 3 month penalty if I withdraw early, but based on the fact that I have never had to touch more than 10% of my emergency savings, I'm perfectly okay with that. What about more long term savings? Well, it depends on what your timeframe is for using the money. If it's more than 10 years, and you are willing to risk losing some of it, then by all means invest in a higher risk higher reward investment. If it's only a few years, maybe a bond fund is something that would be better. And if you really need to preserve the money, then a CD can be great too."}
{"_id": "411462", "title": "", "text": "It's so wonderful.  Through the magic of fractional reserve banking, a bank the vast majority of the time is loaning out money they created from thin air.  And if you don't pay the obligation, they get a yacht, personal jet, or racehorse in return!  Now, of course having to repossess something might be undesirable in an accounting context, but it still beggars belief that basically the entire economy and money supply of the developed world is based on obligations backed by nothing, by private parties, created out of thin air."}
{"_id": "411470", "title": "", "text": "Why shouldn't I bring it up? Freight is one thing but if there's an interest in increased commuter rail or other passenger rail, areas where businesses would use freight rail if it was extended to them or anything like electrifying the system, then it's far more likely that the government will have to be shelling out the money instead of private organizations. It takes huge capital investments and years to extend something like commuter rail and businesses probably don't want to wait potentially decades to real the rewards of a risky venture, so it will be left to public investment to extend systems into some areas that may become hotspots of activity after rail reaches them. It's not all about the freight lines."}
{"_id": "411479", "title": "", "text": "There is almost no reason to get a second credit card - this is a very good arrangement for your creditor but not for you. Credit cards have high rates of interest which you have to pay unless you pay the credit off every month. Therefore, increasing your total credit capacity should not be your concern.  Since internet technology lets you pay off your balance in minutes online, there is no reason to have multiple cards in order to avoid running out of a balance. If, on the other hand, you do not pay your existing card off every month, than getting another card can be even more dangerous, since you're increasing the amount of debt you take on. I'd say at most it would make sense for you to grab a basic VISA, since most places do not accept AMEX. I would also considering cancelling the AMEX if you get the VISA, for reasons above."}
{"_id": "411492", "title": "", "text": "\"The answer is simple - those six people represent the *company* and their best interests.  They retain all of the records of why they've fired 200+ people, and have every T dotted and I crossed.  When it comes to lawsuit time, they will be there to make sure the *company* comes out on top.   I know it says \"\"Human resources\"\" but read those words closely....you are a resource, human.   They are there to manage obtaining that resource until it is no longer useful.    It's sad, but it's also true.  HR is not your friend.\""}
{"_id": "411498", "title": "", "text": "\"The way forward in business is dumb piping.....being the biggest dumbest pipe you possibly can be, this will give your consumer the ability to use your pipe any way it sees fit. E.G. Lego focuses on making a great product, it does not \"\"add value\"\" by trying to anticipate or guide consumers in it's product usage. It also does not go after resellers who find ways to meet market demand that results in the selling of more lego product.  FYI this is the exact opposite of the media industries.\""}
{"_id": "411521", "title": "", "text": "Not sure if serious or not, but i'll bite. First of all the service you are purchasing is the access to credit card, which runs on a network supplied by financial institutions. Secondly credit card is an optional fee, taxes are mandatory (unless you are a crook)."}
{"_id": "411536", "title": "", "text": "I like your question and think it is a pretty good one.  Generally speaking I would not suggest talking about your stock picks or wealth.  Here is why: 1)  Most people are broke.  Seventy-eight percent of the US population report living paycheck to paycheck.  More than a majority do not have enough in savings to cover a $500 repair to a car or dryer.   What kind of money advice will you get from broke people (the general population)?  Answer:  Bad. 2)  It targets you for jealousy/negative feelings.  If you discuss this kind of thing with your broke friends they will have negative feelings toward you.  This is not necessarily a bad thing.  If you want to build wealth a aspect of that is having wealthy friends.  They will have the kind of disposable income to do the kinds of things you want to do.  They can alert you to good investment opportunities.  And your income will tend to increase.  Most people's income resides within 10% of their 10 closest friends.   3)  You can be targeted for law suits.  Given that personal injury attorneys work on contingent, they are very good at picking on defendants with deep pockets or really good insurance.  Knowing that you have significant investments will put a bit of a target on your back.  Having said all of that, you could participate in groups with a similar interest in investing.  Back in the late 80's investment clubs were all the rage, and you might be able to find one of those online or at the local library or something.  That would be a far safer."}
{"_id": "411542", "title": "", "text": "I found out about Google checkout today, it looks like it may meet my needs, but I'd still be interested to find out about other options."}
{"_id": "411551", "title": "", "text": "Yes, but note that some credit card companies let you create virtual cards--you can define how much money is on them and how long they last.  If you're worried about a site you can use such a card to make the payment, then get rid of the virtual number so nobody can do dirty deeds with it. In practice, however, companies that do this are going to get stomped on hard by the credit card companies--other than outright scams it basically does not happen.  (Hacking is another matter--just pick up the newspaper.  It's not exactly unusual to read of hackers getting access to credit card information that they weren't supposed to have access to in the first place.) So long as you deal with a company that's been around for a while the risk is trivial."}
{"_id": "411556", "title": "", "text": "That's only a portion of the money raised.  This is the theoretical UK version.  [Also known as a Financial Transaction Tax (FTT), a Robin Hood Tax is a tiny tax of about 0.05% on transactions like stocks, bonds, foreign currency and derivatives, which could raise \u00a3250 billion a year globally. FTTs are well-tested, cheap to implement and hard to avoid.](http://robinhoodtax.org.uk/how-it-works/everything-you-need-to-know)"}
{"_id": "411558", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-15/rooftop-solar-boom-set-to-spread-worldwide-as-costs-plunge) reduced by 68%. (I'm a bot) ***** &gt; G&amp;#039;day indeed! By 2040, rooftop solar panels will supply about one-quarter of Australia&amp;#039;s electricity as declining costs and ample sunlight make photovoltaics the continent&amp;#039;s cheapest source of energy.  &gt; Thanks to large utility-scale solar farms and commercial solar gardens, power derived from the sun is rapidly expanding as cost reductions continue to spur demand.  &gt; Because solar energy is produced only during daylight hours, homes with rooftop panels will increasingly come equipped with batteries to store excess supplies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hinrz/rooftop_solar_boom_set_to_spread_worldwide_as/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~145431 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **solar**^#1 **energy**^#2 **percent**^#3 **system**^#4 **rooftop**^#5\""}
{"_id": "411572", "title": "", "text": "\"You owe $20,000 to a loanshark, 1% per week interest.  I'm happy to get 1% per month, and trust you to pay it back, so I lend you the $20,000.  The first lender got his money, and now you are paying less interest as you pay the loan back. This is how a refi works, only the first bank won't try to break the legs of the second bank for moving into their business.  This line \"\"reinvested the money into the mortgage to lower his monthly payments\"\" implies he also paid it down a bit, maybr the new mortgage is less principal than the one before.\""}
{"_id": "411606", "title": "", "text": "\"A loan is not a taxable income. Neither is a gift. Loans are repaid with interest. The interest is taxable income to the lender, and may or may not be deductible to the borrower, depending on how the loan proceeds were used. Gifts are taxable to the donor (the person giving the gift) under the gift tax, they're not a taxable income to the recipient. Some gifts are exempt or excluded from gift tax (there's the annual exemption limit, lifetime exclusion which is correlated to the estate tax, various specific purpose gifts or transfers between spouses are exempt in general).  If you trade for something of equal value, is that considered income? Yes. Sale proceeds are taxable income, however your basis in the item sold is deductible from it. If you borrow a small amount of money for a short time, is that considered income? See above. Loan proceeds are not income. does the friend have to pay taxes when they get back their $10? No, repayment of the loan is not taxable income. Interest on it is. Do you have to pay taxes if you are paid back in a different format than originally paid? Form of payment doesn't matter. Barter trade doesn't affect the tax liability. The friend sold you lunches and you paid for them. The friend can deduct the cost of the lunches from the proceeds. What's left - is taxable income. Everything is translated to the functional currency at the fair market value at the time of the trade. you are required to pay taxes on the gross amount Very rarely taxes apply to gross income. Definitely not the US Federal Income taxes for individuals. An example of an exception would be the California LLC taxes. The State of California taxes LLCs under its jurisdiction on gross proceeds, regardless of the actual net income. This is very uncommon. However, the IRC (the US Federal Tax Code) is basically \"\"everything is taxable except what's not\"\", and the cost of generating income is one of the \"\"what's not\"\". That is why you can deduct the basis of the asset from your gross proceeds when you sell stuff and only pay taxes on the net difference.\""}
{"_id": "411617", "title": "", "text": "The same applies if you were looking for a business to buy: would you pay more for a business that is doing well making increasing profits year after year, or for a business that is not doing so well and is losing money. A share in a company is basically a small part of a company which a shareholder can own. So would you rather own a part of a company that is increasing profits year after year or one that is continuously losing money? Someone would buy shares in a company in order to make a better return than they could make elsewhere. They can make a profit through two ways: first, a share of the company's profits through dividends, and second capital gains from the price of the shares going up. Why does the price of the shares go up over the long term when a company does well and increases profits? Because when a company increases profits they are making more and more money which increases the net worth of the company. More investors would prefer to buy shares in a company that makes increasing profits because this will increase the net worth of the company, and in turn will drive the share price higher over the long term. A company's increase in profits creates higher demand for the company's shares. Think about it, if interest rates are so low like they are now, where it is hard to get a return higher than inflation, why wouldn't investors then search for higher returns in good performing companies in the stock market? More investors' and traders' wanting some of the pie, creates higher demand for good performing stocks driving the share price higher. The demand for these companies is there primarily because the companies are increasing their profits and net worth, so over the long term the share price will increase in-line with the net worth. Over the short to medium term other factors can also affect the share price, sometime opposite to how the company is actually performing; however this is a whole different answer to a whole different question."}
{"_id": "411631", "title": "", "text": "\"Upvote for sense. We've all seen our fair share of \"\"devoted\"\" colleagues who put in a ton of hours - but we're not assembling widgets. You cannot  create more, process better, or troubleshoot faster by working extra hours. The study of creative work especially is showing that the mindset of the baby boomers - the manufacturing generation - doesn't apply at all to the creative work done now. So that colleague working 70 hours a week; that might be 30 hours of shit work. It's unlikely they were working at their best capacity. They're not only shooting themselves in the foot, but also their colleagues and the products they're working on.\""}
{"_id": "411640", "title": "", "text": "The Airsoft game is a tactical one played only with aggressive tactics, safety is always first. The balls used in the Airsoft guns are non-metallic and small in size, but still if neglected they may cause major damage to your body. This is so because the balls will hurt badly as they move with high kinetic energy. Hence to make the game safe and to enjoy in the fullest use cheap airsoft gear that is supplied during the game.  Visit us at: http://airsoftgears.livejournal.com/"}
{"_id": "411655", "title": "", "text": "There are many basic services that the business should be offering but are not. This can easily increase sales by 100k per year. Due to old age of the owner, he refrains from doing so. I just want to make sure the business is in good standing on the books."}
{"_id": "411658", "title": "", "text": "It seems that most people in this thread are a bit ideological in their wishes to see Zynga shrink. They don't understand that when Zynga goes down it is their employees who suffer many of the losses. Hopefully the market stays healthy but the products improve."}
{"_id": "411669", "title": "", "text": "I think you need to understand the options better before you go around calling anything worthless...  $11k in a 1% savings account gets you just over $100 each year.  Obviously you're not buying Ferraris with your returns but it's $100 more than your checking account will pay you.  And, you're guaranteed to get your money back. I think a CD ladder is a great way to store your emergency fund.  The interest rate on a CD is typically a bit better than a regular savings account, though the money is locked away and while we seem to be on the cusp of a rate increase it might not be the best time to put the money in jail.  Generally there is some sort of fee or lost interest from cashing a CD early.  You're still guaranteed to get your money back. Stock trading is probably a terrible idea.  If you want some market exposure I'd take half of the money and buy a low expense S&P ETF, I wouldn't put my whole savings if I were you (or if I were me).  Many large brokers have an S&P ETF option that you can generally buy with no commission and no loads.  Vanguard is a great option VOO, Schwab has an S&P mutual fund SWPPX, and there are others.  Actively trading individual stocks is a great way to let commissions and fees erode your account.  There are some startup alternatives with lower fees, but personally I would stay away from individual stock picking unless you are in school for Finance and have some interest in paying attention and you're ready to possibly never see the money again.  You're not guaranteed to get your money back. There are also money market accounts.  These will typically pay some interest based on exposing your funds to some risk.  It can be a bit better return than a savings account, but I probably wouldn't bother. An IRA (ROTH and Traditional) is just an account wrapper that offers certain tax benefits while placing certain restrictions on the use of some or all of the money until you reach retirement age.  As a college student you should probably be more concerned about an emergency fund or traveling than retirement savings, though some here may disagree with me.  With your IRA you can buy CDs or annuities, or stocks and ETFs or any other kind of security.  Depending on what you buy inside the IRA, you might not be guaranteed to get your money back. First you need to figure out what you'd like to use the money for.  Then, you need to determine when you'd need the money for that use.  Then, you need to determine if you can sleep at night while your stock account fluctuates a few percent each day.  If you can't, or you don't have answers for these questions, a savings account is a really low friction/low risk place store money and combat inflation while you come up with answers for those questions."}
{"_id": "411679", "title": "", "text": "So, you want all education indeed, all public services, except the military the security apparatus, and politicians, to be privatized, then the Obama Administration's and the Bush Administration's trade policy is on your side.  I assume you're a supporter of [GATS](https://www.youtube.com/watch?v=9oR5ecPE0dE) and [TISA](https://www.youtube.com/watch?v=2_pPqnbXpA4) then?"}
{"_id": "411686", "title": "", "text": "While not entirely untouchable, a college fund can also be in the form of an Indexed Universal Life (IUL) contract through a life insurance agent.  These often net a higher rate of return annually than any savings account, are not going to tank if the market does, and can be owned by you for the child.  If no one else is on the policy, they have no access to it.  You can name yourself the beneficiary as well.  There's several very nice features to doing your child's college funding this way. You can ask that the contract is established for maximum cash value.  This means the death benefit isn't the overriding need so the premiums you pay fill the cash value of the contract much more quickly. As mentioned in point 1., the contract has a death benefit.  No other savings device will grant you this.  Heaven forbid the child passes while you are saving for college.  Now you will have a tax free benefit that will pay for burial and other related costs and can be used to fund yet another IUL policy if you have more than one child. Unlike other policies, you can set your minimum monthly premium and have the flexibility to add as much as you would like to fill the fund faster if you happen to come into more money and you want to direct it to that contract.  There are ceilings to this so that you don't create a modified endowment contract (MEC. Look this up at investopedia), but this is specifically stated in your illustration so that you can keep your contributions a penny under that limit. Unlike college loans, you have extremely quick access to the funds when you need them (probably counter-intuitive to your desire for untouchable money). This can be achieved a couple of ways.  You can borrow money from the insurer using your IUL cash value as collateral.  Often, a check can be cut within 48 hours.  This eliminates the time a normal lender takes in making the loan decision.  Or, you can surrender the policy and take the cash value (paying taxes on your gains).  The first keeps the policy in force while you pay back the loan if you desire.  The second cancels the policy so that you can take your own accumulated money out. Utilizing an IUL in this manner can (but not always) lower your Expected Family Contribution (EFC) with colleges so that you could qualify for higher student aid.  If your income puts you in the middle class, you would be wise to note this in particular.  Having control over your EFC is major benefit.  (If you'll read the link above, you notice the UGMA isn't necessarily the best idea as schools look to the student to give a higher percentage of their own assets than the parent.) Ultimately, while the IUL is a little known method for saving for college (and some will argue what they may) it would benefit you to speak with an insurance professional about this option.  Ask if the insurer has access to the SAGE Rewards program (https://secure.tuitionrewards.com/).  The program is a free benefit if you purchase a cash value contract like an Indexed Universal Life policy and activates IF the agency participates.  The child earns tuition credits for every birthday of your child (not retroactive) and for having the policy.  If you do an annual review, you earn more tuition credits.  I have established these for clients and some have sent their child to college with more than 44k in college funding (split out over four years).  The point system is 1 credit = 1 tuition dollar.  Quite unlike air miles! For those of you reading this that have similar concerns, please consult an with an agent (or feel free to contact me) to get up to date advice on how to structure these.  They are simple and efficient and have significant upside for college funding."}
{"_id": "411734", "title": "", "text": "\"Well, there's something to be said for ownership priorities.  As this deal makes obvious, winning doesn't always equate to profitability.  As stated in the article:  &gt;Perhaps the best move, however, was installing Richard Peddie as MLSE CEO. A marketing genius, Peddie absorbed a lot of the criticism from Toronto fans about the inability of the teams he presided over to win a championship. The Toronto Maple Leafs have not won a Stanley Cup since 1967 and haven not made the playoffs for six seasons. Still, Peddie delivered the kind of financial results that sports owners really care about.  As a \"\"marketing genius\"\" this particular sports owner knew exactly how to make money but does not necessarily know how to make a good team.  The fans, and the team I'm sure, would love to have both.\""}
{"_id": "411742", "title": "", "text": "According to this study put out this year by Judson and Porter, the face value of counterfeit currency relative to the total amount in circulation is about 0.01%: We conclude that the total value of counterfeits in circulation at any moment is on the order of $60 to $80 million, or less than $1 for every $10,000 outstanding, and is highly unlikely to exceed $220 million, or less than $3 for every $10,000 in circulation. Further, we conclude that the incidence of counterfeits is roughly the same inside and outside the United States ... Actual numbers from five years ago suggest about the same: Out of the approximately $759 billion in U.S. dollars held in U.S. currency in the form of banknotes (paper currency) in circulation outside the U.S. Treasury and the Federal Reserve at the end of 2005, the Secret Service reported that about $61 million in counterfeit currency was passed on the public worldwide. Of the counterfeit currency passed, the majority, $56.2 million, was passed in the United States, with the remainder passed abroad. As to why they're checking:  Would you want to receive a counterfeit bill? Costco checks my cash when I check out.  The guy I got a buggy ride from up in upstate New York checked my bill.  It's easy to check certain things on the bill.  Why not?"}
{"_id": "411773", "title": "", "text": "\"I would suggest you do three things: If you do all three of these, the time will come when \"\"2 months off to go to Italy this winter and ride bikes through wine country\"\" is something you both want to do, can afford to do, and have arranged your lives to make it feasible. Or whatever wow-cool thing you might dream of. Buying a vacation property. Renovating an old house. The time may also come when you can take a chance on no income for 6 months to start a business that will give you more flexibility about when and where you work. Or when you can switch from working for a pay cheque to volunteering somewhere all day every day. You (as a couple) will have the freedom to make those kinds of decisions if you have that safety net of long term savings, as long as you also have a strong and happy relationship because you didn't spend 40 years arguing about money and whether or not you can afford things.\""}
{"_id": "411777", "title": "", "text": "I'm genuinely surprised that the opioid number isn't higher. It's insane how many people I know who've died from opiates. First thought is always opiates when I hear someone younger than 40 dies, and it's unfortunately correct most of the time."}
{"_id": "411783", "title": "", "text": "\"I wouldn't settle for 10%, and I certainly wouldn't settle for a Roth. I'd recommend not retiring.  I'd recommend building up a side business in your \"\"free\"\" time while you're working that's closer to your calling that you can \"\"retire into.\"\" Don't be complacent.\""}
{"_id": "411788", "title": "", "text": "Financially, it simply doesn't make sense to go into debt here. It may be that living on credit cards for a while gives you a chance to recover psychologically, but financially, it doesn't make sense. But, let's consider the larger picture here. You are unmotivated and directionless, and may be suffering from depression. That sucks; very many of us have been there. I'd write in great detail, except this site is about finance, so let's limit the scope a little. You've had therapy. It hasn't produced meaningful change. Stop with that therapy; it's not cost-effective. Financially speaking, your goal should be to get back on your feet. You should only be willing to take on credit card debt if it is very, very directly helping you accomplish this. Maybe that means a different therapist. Maybe that means paying for medication, which can often be breathtakingly effective. Heck, maybe that's a suit, something you put on each morning for a couple of hours to focus on getting a job. Maybe that means some other approach. But you should only be willing to take on debt that directly helps you get back on your feet. Should you be willing to continue as you are now, taking on credit card debt for your living expenses? No, definitely not. Credit cards charge obscene amounts of interest, and the evidence is that your current approach is not working. Going into debt in this case makes as much sense as it did for me to continue working for an employer who wasn't paying me. That is, none at all (financially). All that said, I strongly encourage you to get whatever help will work for you. Your finances are important, but they aren't everything."}
{"_id": "411799", "title": "", "text": "Selftrade does list them. Not sure if you'll be able to sign up from the US though, particularly given the FATCA issues."}
{"_id": "411804", "title": "", "text": "Yea right! This is some communist propaganda if I have ever seen it!  No rational person would ever want someone else to be making decisions as personal as health care for them. Get out of here with these ignorant socialist lies.  No questions asked; people want health care decisions to be made between them (the patient) and the doctor, it is a fact. In all practical honesty, no one wants those types of decisions made by some pampered disconnected bureaucrat miles away. Anyone who argues otherwise is not being honest with themselves.  The plain reality of health care in America is that it is a protected and dark market where no one actually gets to see the cost of services. All we need legislatures to do is make insurers and health service providers publish price sheets and cost lists to the general public and we all will get to watch costs for everyone across the socioeconomic landscape plummet to unprecedented lows.   Fuck the Republicans for letting the insurance companies continue to write these disasters of legislation that they call a repeal bill. Equally, fuck the Democrats for letting the insurance companies give us the complete, failure by design, that is the ACA. Both of these shit-wings embedded with wilful bureaucratic incompetence need to just give us a fucking price listing for services and medications and get the fuck out of our way!"}
{"_id": "411825", "title": "", "text": "\"In simple terms, it is a business operation when it becomes a   profit-making enterprise. It is a grey area, but there is a difference between selling   occasional personal items on eBay and selling for profit. I would imagine the sort of considerations HM Revenue & Customs would   take into account are the size of your turnover, the extent to which   you are both buying and selling, and whether you are clearly   specialising in one particular commodity as opposed of disposing of   unwanted presents or clearing the loft. http://www.ebay.co.uk/gds/When-does-eBay-selling-become-taxable-/10000000004494855/g.html I don't believe that you selling your personal camera gear will be taxable, but as the link says, it is a grey area.  They also recommend to do this It's far better than having to deal with an investigation a few years   down the line. When it comes to completing your tax return, there is a section which   is headed \"\"other income\"\", and it is here where you will enter the net   earnings from the web business. \"\"Net\"\" here means your additional income, less all expenses associated   with it. If you are still worried I would always encourage people to take a cautious approach and discuss their position with HMRC via its helpline on 08454 915 4515.\""}
{"_id": "411827", "title": "", "text": "Scissors provides an excellent hair styling experience through their quality as well as performance. It is not an easy thing to find a perfect and professional hair styling scissor. It needs skill as well as rich experience regarding the tools as well as techniques to zero in on the needed scissor. Lot of effort has to be put to select a best hairdressing scissors."}
{"_id": "411828", "title": "", "text": "\"&gt;However, the caveat I will add is that if you go into DEBT for your education, you should certainly be thinking about the economic value your education can provide you.  I agree, but we're not going to have that discussion when many parents don't understand debt accurately and the ones that do are the ones whose kids aren't as likely to need big loans.   &gt;At the end of the day though, these findings are all moot unless we can have a conversation about the hyperinflation in college costs directly related to 'free' aka subsidized education.   The hyperinflation isn't because college costs are subsidized - federal loans still have caps. It's because student loans can't be discharged in bankruptcy in the vast majority of cases. That means that private loans are available, which means the federal loan caps are effectively useless.   \"\"Free\"\" college would have its challenges, and we'd need to make private loans dischargable in bankruptcy (which would in turn make banks lend to only credit-worthy students/co-signers using appropriate risk models) but then we'd also be able to make other adjustments.   There are some things that we could probably be doing now, but others might be too easily corruptible without the market correction of private loans only to those who are credit-qualified.  We could put more stringent requirements on grade point averages, for example. If you don't hit that, you don't get your free college. You can continue going, if you go get private loans. Not able to qualify? Time to do something else then. Work and save for college, trade school, enter the workforce permanently, etc. (This wouldn't work as well if private loans were still easily obtainable and non-dischargable, because there could be shady dealings to make more people not eligible for the \"\"free\"\" assistance with some type of crazy obstacles, etc.)  We could do things like cap the costs for particular programs. If you want to study mechanical engineering, you can get up to X amount, but if you're studying early French poetry, you can only get up to Y amount. Yes, we could do that now, but I don't love the idea of putting those type of restrictions when it's the student paying.. it seems a bit of an overreach.   There are lots of ways we could be addressing things, but we aren't.\""}
{"_id": "411848", "title": "", "text": "\"Agreed, but often it seems that gray area is exactly what these \"\"innovations\"\" are looking for.  Repeatedly pushing down onto the struggling individual the past responsibilities of the wealthy corporation.    Say this thing picks up steam and is revitalizing Walmart.  John is walking out the door and \"\"critical\"\" deliveries need to be made.  John was a bit short last month and couldn't wait for the 2 week insurance reimbursement process.  So despite the team lead's prodding, didn't upgrade his insurance coverage this month.  He didn't want to be \"\"that guy\"\" so didn't confirm/deny getting modifying coverage to the lead.  The team lead asks John to take the packages, but doesn't really follow through on the insurance check.  John wrecks his car and his back.  John's insurance company rejects the claim.  The team lead and John are fired because not checking/having the insurance was against written policy, but winked and nodded away all the way back up to the #1 online retailer spot.  So often, obstacles are easily surmounted.  I get the \"\"personal responsibility\"\" angle for all involved, but social/financial pressure can be brutal.  The problem is that situations are left as is and the moneyed parties are \"\"enrichingly ignorant\"\".  My guess is few compile stats on SOL Uber/Lyft drivers in similar situations.\""}
{"_id": "411850", "title": "", "text": "I once read an redditor\uff08probably from india\uff09says they are going to have 300 millions middle class in next few years  Aren't India going to one of the future superpowers and their people are very proud of it \uff1f  http://www.thehindu.com/features/kids/proud-to-be-an-indian/article3762135.ece"}
{"_id": "411851", "title": "", "text": "Well, I think that vba will still be maintained, but the emphasis these days is on increasing compatibility outside the traditional ms ecosystem, making development/scripting for office applications available to a broader base of coders.   There's another AMA coming up in a few weeks so you can ask them there, but I don't think there's a risk of vba not being compatible in the next many years.  As an alternative, you may also want to look into powerquery (the get&amp;transform feature of '16), if you're dealing with large datasets and transformations/database-like-operations it is great and lifts the functionality of excel quite a few notches, while being much more transparent than VBA. It is being pushed heavily by Microsoft for a good reason."}
{"_id": "411856", "title": "", "text": "The best way to start out is to know that even the experts typically under-perform the market, so you have no chance.  Your best bet is to invest in diversified funds, either through something like Betterment or something like Vanguard's ETFs that track the markets.  Buying individual stocks isn't typically a winning strategy."}
{"_id": "411870", "title": "", "text": "A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.     Just 2 out of 9 sub-sectors (namely, personal and recreational services and finance and insurance) included in the survey has grown during the month. The increased activity in the mining sector is not positively affecting the remaining sectors of the local market.     The chief executive of the Australian Industry Group (AI Group) said that the contraction in the services industry just shows how narrow is its base of development in the broad market.     Several stability in financial states abroad in a period of few months will be favorable for allowing consumer and business confidence to improve, resulting in a gradual increase in spending.     More than half of the world\u2019s mining acquisitions in 2011 has involved projects located in US, Australia and Canada. Other buyers include China, India, Russia and Brazil, all of which increased their acquisitions by 42% since 2006.     In terms of gold, the average deal is valued at USD 41 million where a premium is almost 50%. Propelling the lucrative market is Australia with 15%, United States with 14% and Canada with 49%.     Considering the bigger picture of the industry, PwC seems to be expecting that this year will see record M&amp;A valuations and volumes in the mining sector worldwide.     According to the company, sovereign wealth funds tend to have more advantage in winning transactions because of their low cost of capital.     PwC is assuming that non-miners like sovereign wealth funds, large pension funds and private equity might reassess their approach to the industry and begin to participate more in M&amp;A."}
{"_id": "411875", "title": "", "text": "Onix Advisors is a leading home rental platform provides luxury houses, apartments and flat for rent and sale in Bangalore. Visit our website to browse the 100% verified listing of properties and home. Get in touch with us for further details!"}
{"_id": "411888", "title": "", "text": "\"**Modern portfolio theory**  Modern portfolio theory (MPT), or mean-variance analysis, is a mathematical framework for assembling a portfolio of assets such that the expected return is maximized for a given level of risk, defined as variance. Its key insight is that an asset's risk and return should not be assessed by itself, but by how it contributes to a portfolio's overall risk and return.  Economist Harry Markowitz introduced MPT in a 1952 essay, for which he was later awarded a Nobel Prize in economics.  ***  **Option (finance)**  In finance, an option is a contract which gives the buyer (the owner or holder of the option) the right, but not the obligation, to buy or sell an underlying asset or instrument at a specific strike price on a specified date, depending on the form of the option. The strike price may be set by reference to the spot price (market price) of the underlying security or commodity on the day an option is taken out, or it may be fixed at a discount in a premium. The seller has the corresponding obligation to fulfill the transaction\u2014to sell or buy\u2014if the buyer (owner) \"\"exercises\"\" the option. An option that conveys to the owner the right to buy at a specific price is referred to as a call; an option that conveys the right of the owner to sell at a specific price is referred to as a put.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "411897", "title": "", "text": "\"A better question would be to ask \"\"Why don't movie theaters charge to use the bathroom?\"\", or \"\"Why don't movie theaters charge for parking?\"\". In America, either government regulation or the mall itself forbids charging for parking, or limits the amount that can be charged for parking. This tends to be more true in suburban areas where land is cheap, but less true downtown in cities. The nearest theater to me is in a mall that is also on a metro line. Those who arrive by metro to see the movie are effectively subsidizing those who arrive via automobile and park. I don't know of any place in America that charges to use the bathroom, but the practice is still common in Europe. I saw the second The Matrix film in Brussels, and had to pay to pee. I'm not sure why this isn't the case in the U.S. Maybe there are widespread regulations against this. Or maybe it's a cultural thing, that we would be so offended by this that we would never go back to the theater.\""}
{"_id": "411906", "title": "", "text": "Some do internships, but most don't. I would also try to get really involved with your school's entrepreneurship center if it has one.   People on reddit often stress that it's wrong to participate in unpaid internships, however in this sector I strongly disagree. If you are able to secure an unpaid internship in VC, I highly suggest pursuing it."}
{"_id": "411907", "title": "", "text": "Hey I used to do this for a job.          having two separate policies is a bad idea. If you decide you need more life insurance just increase the one you currently have. There are usually discounts for having higher levels of cover. Not only that but if you have multiple policies all you're getting is the task of doing multiple claims and maybe some additional policy fees depending on which companies you're looking at.        What did you consider when deciding how much life insurance to take?"}
{"_id": "411910", "title": "", "text": "\"Unfortunately, I missed most of segment and I didn't get to understand the Why? To begin with, Cramer is an entertainer and his business is pushing stocks. If you put money into mutual funds (which most 401k plans limit your investments to), then you are not purchasing his product. Also, many 401k plans have limited selections of funds, and many of those funds are not good performers. While his stock-picking track record is much better than mine, his isn't that great.  He does point out that there are a lot of fees (mostly hidden) in 401k accounts. If you read your company's 5500 filing (especialy Schedule A), you can determine just how much your plan administrators are paying themselves. If paying excessive fees is your concern, then you should be rolling over your 401k into your IRA when you quit (or the employer-match vests, which ever is later).  Finally, Cramer thinks that most of his audience will max out their IRA contributions and have only a little bit left for their 401k. I'm most definately \"\"not most people\"\" as I'm maxing out both my 401k and IRA contributions.\""}
{"_id": "411922", "title": "", "text": "I completely agree. We're a specialized company that focuses on doing things right, not just throwing up a web page. We see high conversion rate increases. Trust me, we're not a one and done shop. We know what we're doing, and we know that the value of our work is $2500 baseline. Sure, we can install WordPress and a stock theme while throwing up content for the person while installing some standard SEO plugins for $1000.  And landing pages are something we never recommend doing without our clients knowing that they aren't cheap; landing pages need to be combined with other marketing tasks. They won't convert people who don't go to them. And, it's ridiculous to think that you've optimized conversion right away. We always strongly recommend A/B testing at the start of a marketing campaign for at least two weeks.  Plus, all of that testing on the first landing page we do results in direct knowledge for any future ones, resulting in lower cost and a much much much higher ROI for our clients.  So, yeah, I agree with you on the 'most designers' comment. But I would argue that isn't necessarily a *good idea* to do. You get what you pay for, I suppose."}
{"_id": "411933", "title": "", "text": "Real estate is a lousy investment because: Renting a home and buying a home, all else being equal, are pretty similar in costs in the long term (if you can force yourself to invest the would-be down payment). So, buy a home if you want to enjoy the benefits of home ownership. Buy a home if you need to hedge against rising housing prices (e.g. you're on a fixed income and couldn't cope if rent increased a bunch when the economy heated up). Maybe buy a home if you're in a high tax bracket to save yourself from being taxed on your imputed rent, if it works out that way (consult your financial advisor). But don't consider it a really great investment vehicle. Returns are average and the risk profile isn't that attractive."}
{"_id": "411959", "title": "", "text": "&gt; it should be noted that those people who luck smiles upon need to be prepared to take advantage of opportunities, and that preparation takes work.  All you've done is regurgitate a cliche that is said constantly in our culture."}
{"_id": "411966", "title": "", "text": "\"The most fundamental observation of bond pricing is this: Bond price is inversely proportional to bond yields  When bond yields rise, the price of the bond falls.  When bond yields fall, the price of the bond rises.  Higher rates are \"\"bad\"\" for bonds. If a selloff occurs in the Russian government bond space (i.e. prices are going down), the yield on that bond is going to increase as a consequence.\""}
{"_id": "411968", "title": "", "text": "There is no established business model that works for the fresh food delivery and if anyone will be able to perfect it, it will be Amazon however I think it will take a lot of time. Amazon can afford it and I am curious to see how it pans out."}
{"_id": "412013", "title": "", "text": "And more than that it would encourage people to invest in companies for the long term, allowing Executives and CEO's and such the breathing space to make a tough decision that's bad in the short term but good in the long term...  Rather than hiring a psychopath CEO that's only trying to boost short term stock value for his own bonus/salary"}
{"_id": "412036", "title": "", "text": "Sure.  Here it is in its deadly simplicity:  Bank of Too Big  123 Fake St  City State Zip   Date   To whom it may concern:  Please let this letter serve as formal instruction for Bank of Too Big to close the following accounts held under my name, [your name],  [your social security number], listed below  Checking: 00000000  Savings    00000000  Please remit the remaining balances in the form of an official check made payable to me and mail that check for deposit to my account at:  Your Awesome New Bank  c/o the new manager  Address  Thank you for your prompt attention to this matter.  If you wish to reach me, you may do so at [telephone number] *pro tip: they **never** call you.*  Sincerely,   Newly empowered consumer, you.     **Here are the important parts:**  1. You HAVE to get this notarized.  It will not work otherwise.  But guess where there are always notaries - banks - especially your new one.  2. Make sure all your automatic payments and things attached to that old account have been switched or cancelled first.  3. Don't leave too much money in there or there is a slim chance they might call you, and you'll have to deal with that nonsense.  Just leave a nominal amount like $10 and they'll just do it to get it over with.  4. Keep a copy.  Just in case.   I have been using this letter for my entire career in banking (a little over 10 years) and it has worked EVERY SINGLE TIME.   Enjoy!"}
{"_id": "412037", "title": "", "text": "By the by, I'm 27. I've been living on my own since I was 15. I've worked at startup-style companies with a rich founder and no investment (Limewire), worked for funded startups companies as a consultant (ex: Ning), personally know the founders and/or very early stage employees of many famous startups (Gowalla, Twitter, GitHub, Shopify, etc), and I've also consulted for companies like Bear Stearns, Pepsico, Ford\u2026  But you could already tell all that from my picture, I'm sure."}
{"_id": "412056", "title": "", "text": "My in-laws are pressuring me to buy a home.  I don't really have much financial experience. In fact, I'm a nightmare with finances. I almost have my student loans payed off from school.  My in-laws and husband are great with finances and with real-estate.  My husband has a good job and $200k in savings.  I have a good job too, and still have some debt from school. (approx $60k left of 180k).   They say the house will be available in Jan or February for purchase, and that we should really try to buy it (prob $2-3 mil).   My guess is they want to make it available to us off the market (which is a huge benefit in this area,  there are really no houses available lately) .   The problem is:  I am uncomfortable because I don't have all of my loans payed off,  I could divert money away from paying off the loans in order to save for a larger downpayment. I just got a bonus of $35k (after taxes)   I don't think I'll have all of my loans payed off by January. Should I save my money for the downpayment or focus on my loans, should I go for the house?  I don't know how to weigh these options against each other with such little experience."}
{"_id": "412061", "title": "", "text": "\"i have to disagree about the \"\" the literal secret - the special alloy of copper, tin, and silver that gives the Zildjian cymbals their world-renowned sound.\"\"   It is no secret, the alloy can be determined with these tools.  http://www.niton.com/Niton-Analyzers-Products/Which-XRF-Analyzer-Is-Right-for-Me.aspx?sflang=en&amp;gclid=CPXHwqCdvbACFQdeTAodfwP9Eg\""}
{"_id": "412065", "title": "", "text": "\"I had an inkling that is what you meant.  I am no lawyer (or historian), but it seems a convenient warping of the 14th amendment, i.e., a corporation clearly is as human as a(n ex-)slave.    Sadly, so often you find that racism has been the lever used to enable policy inflicted suffering.  It also serves to keep people from ever objectively discussing and resolving the root issues.  \"\"Don't try to play the race card...\"\"  Um, but the history...\""}
{"_id": "412071", "title": "", "text": "\"I'm a mathematician, not an accountant.  But my feeling has been that the distinction between Asset and Liability is mainly a sign convention, and comes from a wish to avoid negative numbers. Suppose you take out a loan for $1000 and deposit the proceeds in your bank account.  Under normal accounting conventions, your bank account is an Asset and the loan is a Liability.  After the loan, Bank has a balance of 1000 and Loan has a balance of 1000.  You can compute your net worth by adding all Assets and subtracting all Liabilities (so in this case your net worth remains 0). If you treat Loan as an Asset account, then after taking out the loan, you should give it a balance of -1000.  Under this convention, you have lots of negative numbers to deal with everywhere, which I suspect early accountants would have found inconvenient.  The Asset/Liability convention means you only need to deal with negative numbers in unusual situations (overdrawn bank account, overpaid loan, etc). Likewise, in theory you could treat Expense accounts as negative Income. But I'm not sure why you feel the need to reinvent the wheel by \"\"simplifying\"\" double-entry accounting like this.  The standard conventions are not that complicated, and their major advantage is that they're standard: other people will be able to understand your books if they ever need to.  (Say you want to hire somebody to do your taxes at some point: if your books are kept in your own idiosyncratic system, their job will be at best error-prone and at worst impossible.)   It's a bit like a proposal to simplify English spelling: shur, a sistum waar yu rit lik this mit bee simplur in sum abstrakt sens, but if nobudee els can reed it eezulee, it izunt ackshyualee veree yusful.\""}
{"_id": "412074", "title": "", "text": "That's fair, but cost of living in silicon valley cuts the purchasing power of that salary significantly.  I don't know what major you are exactly, but keep in mind that comp sci is not the same as a civil/mech engineering degree in terms of compensation."}
{"_id": "412076", "title": "", "text": "\"Who the fuck cares about exhausting? Sorry dude that is not the criteria.  You examples are bulshit and non responsive to my points. But one more time to humor you. Nope your janitor who did not study to get a degree so he cannot get your ex's job. While your ex can get the janitor job if she wanted to. So nope one is going to get paid better.  Brain surgery will put your gf at upper middle class/ lower upper class.  Btw saying \"\"but to argue cleaning kids vomit and shit off the bathroom floor takes less skill and should be paid less ...Yeah no.\"\" Is not a valid argument. It is your opinion and by this point in the conversation, it is no longer necessary to repeat yourself. In fact\u200b, you can repeat it till you are blue in the face and it will still remain your unsubstantiated opinion. Not only is the fact that cleaning puke requires less skill one of the reasons why janitors get paid less but to boot the fact that it requires less skill means that more people can do the job and basic supply-demand inevitable leads to lower price which in this case is lower salary.  The fact is that there will always be a lower class, it being the part below the middle class. And it takes skills to pull oneself out (or luck to be born rich which I do agree is unfortunate). If you have no skills or chose to work a job that does not require skill, you will be in the lower class.   So now, besides a basic English class, you seem to need a basic logic class. I'd suggest looking that stuff up online or if you need the more structured environment, your local community college.\""}
{"_id": "412078", "title": "", "text": "If it goes to a millionaire who continues to pay larger bills than others while unemployed then that money goes right back into the economy.  The money for unemployment insurance is linked to compensation.  If they are millionaires then their compensation has already paid for unemployment insurance.  This idea that money is going to turn around and go to some others possibly through some other program is flatly wrong.  Either you have unemployment insurance or you don't.  You want to withhold unemployment insurance from rich people because you don't think they are worthy.  That is an interesting idea, but so far it has never worked politically."}
{"_id": "412079", "title": "", "text": "\"Just my 2 cents, I read on the book, The WSJ Financial Guidebook for New Parents, that \"\"the average family spends between $11k and $16k raising their child during his first year\"\".  So it might be better for you to make a budget including that cost, then decide how much money you feel safe to invest.\""}
{"_id": "412084", "title": "", "text": "\"Answers to your questions: (1) Do bank account numbers have a checksum. NO. (2) Is it plausible that they found out your number after sending you the money by \"\"accident\"\". NO. There is no way to find out who possesses a particular bank account just by the number. Also, how they even know they made a mistake? They targeted you and knew who you were and your bank account number before the \"\"money\"\" was sent. (3 and 4) Is this a scam? YES. They never paid you any money. They forged a check for a large amount and deposited it in an account. Then divided it up, wiring pieces to multiple people, all of whom they investigated beforehand. Since it is a bank to bank transfer it clears. Once the forgery is discovered, all the transfers will be unwound. If you had sent them money, you would have lost that money. Other things to note: There is zero chance of a wire transfer going to the wrong person because the sender has to list the name and address on the account as well as the number. You basically did the right thing which is to notify your bank that you received an unauthorized transfer into your account. Never accept money into your account from someone you don't know. If money \"\"appears\"\" in your account tell the bank it is an error and probably proceeds from a forgery and they will take care of it.\""}
{"_id": "412092", "title": "", "text": "That argument seems pretty false.  Companies will compete and try to always undercut each other.  I have never seen one actual study where prices rose on par when the minimum wage was increased.  They of course will increase but it will still be below what is costs now.  Mainly it takes money from the larger corporations and gives it to the people.  I do agree prices will rise, but since TONS of companies already hire illegals where are we going to be hit?  Produce will be slightly from stock boys who dont make that much.  For the most part all menial jobs are always using illegal workers."}
{"_id": "412108", "title": "", "text": "No it isn't, at least from my perspective. For example many drugs are illegal. Do I think they are unethical to use? Absolutely not. I believe in the non-aggression principle, if you aren't hurting anyone else in any way you are not doing anything wrong. Portugal has decriminalized drug use, many anabolics are freely available in middle eastern countries. Is everyone a drug addict or a 280lb freak? No. We should govern what we do with our bodies, not the government."}
{"_id": "412109", "title": "", "text": "It all depends on how much risk you take. The problem is you have no idea what the risks are, and so you will lose all your money. I would say zero. But if you want to have a go, try reading reminiscences of a stock operator, then try reading my own attempt to make sense of the same stuff Hey, as you're a student you could even try making sense of my FX and MM training on the same website. Good luck"}
{"_id": "412111", "title": "", "text": "Our expert technicians are highly qualified and experienced to take care of any garage door problems like broken garage door springs, broken doors, faulty system or any other problem. No matter what your requirements are, AAAA Quality Garage Door Co. can easily replace your commercial garage door with a quality, highly functional and extremely durable doors."}
{"_id": "412114", "title": "", "text": "Usually, a financial advisor makes his money by selling financial investments.  Thus, almost anyone you talk to is going to try to get you to be investment products, which is not what you need to be doing at this point.   You should be focusing on paying off all your debt first, before doing any investment.  The interest you are paying on credit cards is most likely much more than the money you could get from any type of investment.  However, once you have your consumer debt paid off, I recommend talking to any friends, co-workers, or other professional advisors you have (such as attorneys or accountants).  When you ask such people for the referrals, find out how much debt they have, how much they are investing.  Pay closer attention to those with a higher net worth. Otherwise, you may be getting advice from someone fooled by the same sort of financial advisor you are trying to avoid."}
{"_id": "412142", "title": "", "text": "One thing I would look into is getting a fixed rate home equity loan for a short term.  Not a line of credit, but a home equity loan.   The main benefit is they typically offer no closing costs.  You can get a very low rate provided you move the loan into first position (replace your current mortgage).   I know someone who got a 7 year fixed Home Equity Loan, from Regions Bank, for 2.62%  no closing costs."}
{"_id": "412159", "title": "", "text": "How about just putting them to bed earlier? My kids are in bed by 7 and other parents think I'm insane... Yet when the boys are up at 6 and we are able to eat Belfast like a family before school and work, and they aren't tired so are on time and task...  Works great!"}
{"_id": "412170", "title": "", "text": "The new minimum wage hike in Oregon is putting strain on small businesses. $11.40 is a ridiculous high wage and is forcing many businesses to under staff and raise prices on everything dramatically. Gas here is up $.30 since the hike July 1st. A minimum wage hurts the poor, the uneducated, and the less skilled by forcing them out of the workforce. Not all people are worth $11.40 an hour."}
{"_id": "412183", "title": "", "text": "\"It's not a pyramid scheme, pure pyramid schemes are illegal. \"\"Multi Level Marketing\"\" is technically legal, most stay within the legal boundaries but it's easy for a \"\"self-employed\"\" individual to step into the illegal realm by using deceptive sales tactics.   When it's commission based renumeration Herbalife doesn't care who exactly makes the sale, just that someone did. That's no different than Google Adwords.  Yes it is exploitative business practices and taking advantage of people who don't know better, but it doesn't appear illegal to me.\""}
{"_id": "412184", "title": "", "text": "This is going to be the source of the next recession. Retail accounts for a huge part of domestic spending, and also makes up a large portion of employment. Lots of chains are going bankrupt or are closing down their brick and mortar, which means things like seasonal retail work will dry up. Small businesses that rely on holiday shopping to make revenue (eg. Black Friday) will be totally screwed."}
{"_id": "412197", "title": "", "text": "12b1 refers to a specific marketing fee on funds in my world. are you referring to the expense ratio?  yes - that is what fund wholesalers will do. another practice that won't affect your cost though.  basically what i want to express is that you shouldn't need a flowchart to understand your fees. it is simply the layers of management that will raise your cost, in addition to any transactional fees."}
{"_id": "412204", "title": "", "text": "\"The article said $65,000 (rounds numbers imply an estimate) was the original amount she borrowed. However she isn't on the hook for only $65,000. Her loans have interest and ***one*** of the loans had an 8% interest rate.   Let's ASSUME (for the purposes of this exercise to illustrate what compound interest can do to \"\"good debt\"\") that all of her loans are at 8% interest over a 30 year repayment period. Her total payments over the course of the 30 years will amount to $172,000. Yes that's a big number. $107,000 going to INTEREST and $65,000 going towards the original loan balance.   More realistically her loans are probably in the 6-8% interest range (since interest rates were higher 20 years ago) so the amount is a little smaller, but the bulk of her payments will be for paying interest not paying down her loan balance. She really couldn't afford to borrow for a master's degree to make so little in a high cost of living area.\""}
{"_id": "412212", "title": "", "text": "You have it in your head that regulation = good and deregulation = bad which is why I was trying to stress why it is situational.  Regulating taxi industry was bad for consumers and taxi drivers. Deregulation through uber/lyft was shown to be good for the drivers and consumers.   You should think in terms of outcome. We should regulate to encourage free market practices and deregulate to encourage free market practices.  In this case, it would be prudent to regulate Idaho to make sure employers cannot force noncompetes so that free market reigns.   In New York its prudent to deregulate the taxi industry so there is no artificial constraints on supply.   Regulation and deregulation are neither good nor bad. Whether they constrict the free market or not is what makes them good or bad."}
{"_id": "412223", "title": "", "text": "A bid is an offer to buy something on an order book, so for example you may post an offer to buy one share, at $5. An ask is an offer to sell something on an order book, at a set price. For example you may post an offer to sell shares at $6. A trade happens when there are bids/asks that overlap each other, or are at the same price, so there is always a spread of at least one of the smallest currency unit the exchange allows. Betting that the price of an asset will go down, traditionally by borrowing some of that asset and then selling it, hoping to buy it back at a lower price and pocket the difference (minus interest). So, let's say as per your example you borrow 100 shares of company 'X', expecting the price of them to go down. You take your shares to the market and sell them - you make a market sell order (a market 'ask'). This matches against a bid and you receive a price of $5 per share. Now, let's pretend that you change your mind and you think the price is going to go up, you instantly regret your decision. In order to pay back the shares, you now need to buy back your shares as $6 - which is the price off the ask offers on the order book. Because of this spread, you have lost money. You sold at a low price and bought at a high price, meaning it costs you more money to repay your borrowed shares. So, when you are shorting you need the spread to be as tight as possible."}
{"_id": "412226", "title": "", "text": "There are no legal reasons preventing you from trading as a F-1 visa holder, as noted in this Money.SE answer. Per this article, here are the things you need to set up an account: What do I need to have for doing Stock trading as F1 student ? Typically, most of the stock brokerage firms require Social Security   Number (SSN) for stock trading. The reason is that, for your capital   gains, it is required  by IRS for tax purposes. If you work on campus,   then you would already get SSN as part of the job application   process\u2026Typically, once you get the on-campus job or work   authorization using CPT or OPT , you use that offer letter and take   all your current documents like Passport, I-20, I-94 and apply for SSN   at Social Security Administration(SSA) Office, check full details at   SSA Website . SSN is typically used to report job wages by employer   for tax purposes or check eligibility of benefits to IRS/Government. I do NOT have SSN, Can I still do stock trading as F1 student ? While many stock brokerage firms require SSN, you are not out of luck,   if you do not have one\u2026you will have to apply for an ITIN Number (   Individual Taxpayer Identification Number )  and can use the same when   applying for stock brokerage account.  While some of the firms accept   ITIN number, it totally depends on the stock brokering firm and you   need to check with the one that you are interested in. The key thing is that you'll need either a SSN or ITIN to open a US-based brokerage account."}
{"_id": "412228", "title": "", "text": "During gestation there are some foods that you should not take or that you should consume with precautions. Find out what they are to ensure these months go smoothly. During pregnancy, food plays an essential role, as it will contribute to your good physical and psychological health and will ensure what should a pregnant woman not eat the growth and good  development of your baby . Your body needs a lot of energy and you must feed yourself well to meet your needs and those of your baby. A balanced diet will prevent certain diseases that worsen during pregnancy, such as fatigue, constipation, overweight, anemia, decalcification, etc."}
{"_id": "412235", "title": "", "text": "The big difference for me under the High deductible plan has been that instead of paying the co-pay, now I am now responsible for the negotiated rate until I reach the deductible limit. The HSA is only a way to funnel medical payments through a tax free account the insurance company and the doctor don't care about the HSA. If we go out-of-network, then I am responsible for the full rate, but they only count the negotiated rate as a credit against the out of pocket/deductible. This big difference makes it very important to pick a doctor in-network. For your example: I would have paid $50 under the PPO, but $200 under the high deducible plan. If I go out-of-network I would have to pay whatever the doctor want me to pay, but the insurance company would only credit me $200 against my deductible. I can pull the extra $350 from the HSA. It is hard to get good pricing information from some doctors, but the price difference for me has been so large that in-network is the only way to go. For prescriptions the high deductible plan has been worse, because we pay the full price with no discounts for the medicine, until we reach the plan deductible. That makes the cost of the prescriptions as much as 10x's more expensive. In fact the annual cost of our prescriptions all but guarantees that we hit the deductible each year."}
{"_id": "412242", "title": "", "text": "Unfortunately for the rest of us, avoiding the military industrial complex also avoids feeding the roads, schools, libraries and social programs industrial complex.  Not to mention the shortfall has to be made up, so it's more taxes and more debt for the rest of us that can't afford to dodge it..."}
{"_id": "412244", "title": "", "text": "\"Several options are available. She may ask the US bank to issue a debit card (VISA most probably) to her account, and mail this card to Russia. I think this can be done without much problems, though sending anything by mail may be unreliable. After this she just withdraws the money from local ATM. Some withdrawal fee may apply, which may be rather big if the sum of money is big. In big banks (Alfa-bank, Citibank Russia, etc.) are ATMs that allow you to withdraw dollars, and it is better to use one of them to avoid unfavorable exchange rate. She may ask the US bank to transfer the money to her Russian account. I assume the currency on the US bank account is US Dollars. She needs an US dollar account in any Russian bank (this is no problem at all).  She should find out from that bank the transfer parameters (\u0440\u0435\u043a\u0432\u0438\u0437\u0438\u0442\u044b) for transfering US dollars to her account. This should include, among other info, a \"\"Bank correspondent\"\", and a SWIFT code (or may be two SWIFT codes). After this, she should contact her US bank and find out how can she request the money to be transferred to her Russian bank, providing these transfer parameters. I can think of two problems that may be here. First, the bank may refuse to transfer money without her herself coming to the bank to confirm her identity. (How do they know that a person writing or calling them is she indeed?) However, I guess there should be some workaround for this. Second, with current US sanctions against Russia, the bank may just refuse the transfer or will have do some additional investigations. However, I have heard that bank transfers from US to private persons to Russia are not blocked. Probably it is good to find this out in advance. In addition, the US bank will most probably charge some standard fee for foreign transfer. After this, she should wait for a couple of days, maybe up to week for the money to appear on Russian account. I have done this once some four years ago, and had no problems, though at that time I was in the US, so I just came to the bank myself. The bank employee to whom I talked obviously was unsure whether the transfer parameters were enough (obviously this was a very unusual situation for her), but she took the information from me, and I guess just passed it on to someone more knowledgable. The fee was something about $40. Another option that I might think of is her US bank issuing and mailing her a check for the whole sum, and she trying to cash it here in Russia. This is possible, but very few banks do cash checks here (Citibank Russia is among those that do). The bank will also charge a fee, and it will be comparable to transfer fee. Plus mailing anything is not quite reliable here. She would also have to consider whether she need to pay Russian taxes on this sum. If the sum is big and passes through a bank, I guess Russian tax police may find this out through and question her. If it is withdrawn from a VISA card, I think it will not be noticed, but even in this case she might be required to file a tax herself.\""}
{"_id": "412251", "title": "", "text": "It sorta has to do with zoning because  we decided in Washington that we like have space between houses and a backyard. But because of that, we're spread out. And have longer commutes to work. Which leads to shitty traffic. The only solution to fix the traffic issue I can think of is for big corporations to stagger starting times but that might interfere with business  operations. also give motorcycle riders a lane. Like in California"}
{"_id": "412255", "title": "", "text": "The economy is not zero sum. Just because one group is experiencing exponential growth, doesn't mean they're exploiting others to achieve it.   To figure out whether or not those people deserve their wealth we have to examine exactly how it was accomplished. Did they lobby to shut out competitors? Did they take advantage of IP laws? Did they receive subsidies? Did they benefit from tax credits? Did they use eminent domain? And for each of these questions, follow up with the question of how much these actions affected their bottom line profitability.  Anything less than this level of examination is lazy analysis, and should be regarded as such."}
{"_id": "412257", "title": "", "text": "In other words, to a first-order approximation, the S&P 500 is always at an all-time high. I'm going to run with this observation a bit. The crash of '87 was remarkable. It was a drop of 1/3 in a short time, yet, when one looked at the year, the Dow was up nearly 5% with dividends included. A one-year Rip Van Winkler would have woken up thinking it an unremarkable year.  I actually recall a conversation I had on Aug 25th 1987. I was discussing the market with a colleague over lunch, and while I didn't call the top that day, I remarked that it didn't matter much, that 5-10 years later just staying in the market would have been the right thing.    Compare this 87-95 chart to the longer term chart derobert shows. In his chart, this is all but a blip. In my chart you can see it took about 3-1/2 years to be in the black, as the market then shot up from there. A dollar cost averager would not have bought at that short term high, well not more than a tiny bit.  The best I can do to conclude is to say I'd never just buy in all at once. You buy in over time, X% of your income each month, and if you have a chunk to invest, smooth it out over a few years."}
{"_id": "412258", "title": "", "text": "Can I wire transfer money from the my NRO account in India to my checking account in the USA?  Yes you can. However there is some paperwork you need to follow. As per FEMA [Foreign Exchange Management Act], any transfer by individuals outside of India need the 15CA & 15CB form. The 15CB is from a CA to state that taxes have been paid on the funds being transferred. The limit is 1 million USD per year. Read more at Liberalized Remittance Scheme and here. Any limit on the amount and do I have to report this to IRS or any other legal formality? Assuming you were already declaring the funds held in Banks outside of US in your regular IRS filings, there is no other formality."}
{"_id": "412286", "title": "", "text": "Your statement makes it clear that you have no idea whatsoever how money circulates through the economy.  Pray tell, what percentage of U.S. GDP is consumer spending?   You completely failed to grasp the relevant parts of the hypothetical scenario.  The takeaway was that if 1 person has the same amount of income as several thousand people, the several thousand people will spend a vastly higher percentage of that same number. The rich don't have to spend their income. The poor and masses spend most of their income. To your comment about someone making $50k and spending $45k needing to improve their financial decision making... Well yea. But that's not the reality we have in America. I don't have the exact number handy, but you do realize that there are over 100 million people in this country who are not able to save $5,000 a year, correct?  I wasn't making any sort of statement on what I think the proper tax rate should be on the wealthy, I was just telling you (along with everyone else here) that the rich don't spend as much of their incomes as the rest of society. But since you asked, probably 43% on income north of $700,000."}
{"_id": "412314", "title": "", "text": "Thanks for the detailed reply. One thing that makes me furious is that whenever something screws up in other sectors (such as contaminated drugs, or a residential tower catching on fire), we always take necessary steps to prevent it from happening again.   But for the financial sector, when they screw up there's this careless hand waving: Sorry, nothing could've prevented this... nothing can be done... perfect storm... market forces... those subprime mortgagors should've paid up...   Like, seriously? We're just supposed to sit back and let it happen again and again? I never borrowed a cent from any bank in my life, yet I still got royally screwed by the recession in terms of where I am in my professional career. This goes for millions of other people too.   Something needs to be done. Of course every regulation has its drawback, but as long as the benefit outweighs the detriment, I'm absolutely for it."}
{"_id": "412318", "title": "", "text": "This will depend on you. Some types of counselling such as CBT or solution-focused therapy are often six to eight sessions. Whereas psychodynamic counselling will tend to be for a lot more sessions.  Company Name: The National Counselling Society  Address: 19 Grafton Road Worthing West Sussex BN11 1QT UK   Phone: 01903 200666 Email: admin@nationalcounsellingsociety.org  Website:  https://www.nationalcounsellingsociety.org/find-counsellor/"}
{"_id": "412324", "title": "", "text": "Just a thought, but have you considered approaching your sister about assuming the student loans or repaying your mother (even if it is a small amount/month) for financing her college education? If she is in her last year of college, in theory she should be earning at least some income within the next 2 years. Also, it doesn't seem like a lot to ask considering the sacrifices (both financial and otherwise) that a single mom probably made over the years. I'm sure your mom would be hesitant to ask as it seems like she prioritizes her children above herself by your description of the situation, but I bet if you could talk the sister into the mom would grudgingly accept it if she really is in such a tight financial situation."}
{"_id": "412327", "title": "", "text": "If I were in your position, I'd start reading about the job on my spare time. There are lots of good books that are available free if you know where to look *cough pirated*  A couple of titles to start you off. (note I haven't personally gone through all of them)   Market Risk Analysis - Carol Alexander  Modeling Risk: Applying Monte Carlo Simulation, Real Options Analysis, Forecasting, and Optimization Techniques-  Johnathan   Derivatives: Markets, Valuation, and Risk Management - Robert E. Whaley   Best of luck."}
{"_id": "412331", "title": "", "text": "Take the easy approach - as suggested by John Bogle (founder of Vanguard - and a man worthy of tremendous respect). Two portfolios consisting of 1 index fund each. Invest your age% in the Fixed Income index fund. Invest (1-age)% in the stock index fund.  Examples of these funds are the Total Market Index Fund (VTSMX) and the Total Bond Market Index (VBMFX). If you wish to be slightly more adventurous, blend (1-age-10)% as the Total Market Index Fund and a fixed 10% as Total International Stock Index (VGTSX).  You will sleep well at night for most of your life."}
{"_id": "412348", "title": "", "text": "\"That's just your bias. You'll get over it.   Back in the 80s when cruise control was really taking off, people were scared of letting the car do that one task. \"\"What if it doesn't let go and keeps the gas pedal down?\"\" \"\"What if it decides to floor it and drive me off into a ditch?\"\" Today, almost every car has cruise control and you don't think twice about turning it on. It's proven itself with a safe track history, so you trust it. There are absolutely instances of cruise control failing, but statistically, those outliers don't matter. Full automatic driving will be the same way. You'll learn to trust it, even if it doesn't have a perfect record.\""}
{"_id": "412351", "title": "", "text": "No, as in just coming up start up. I'm sure that's the case but then again there must be some basic software that can make my life easier right? Like accounting softwares, etc that do not depend on the industry the startup is working in. Any?"}
{"_id": "412357", "title": "", "text": "&gt; It was interesting to read the data regarding student loans, and the type of impact it has had to borrowers. The Fed did not necessarily signal the economy is in trouble, but a great deal of households don't have adequate savings to sustain against a moderate financial shock.  One of the impacts of the student loans -- or one they didn't seem to mention -- is that there are *fewer* households being formed than there normally would be given the population demographics... young people are not only staying in school longer (and piling up more student debt just from that, in addition to the higher tuition aspect), but when they get out fewer of them are establishing their own homes (with all that that entails in terms of spending) and/or they are spending a lot LESS on those things than past cohorts have (and of course higher rental &amp; utility and other costs -- along with flat wages/salaries -- haven't helped that part of the equation either)."}
{"_id": "412365", "title": "", "text": "Paying down your mortgage now will decrease the total cost of your home loan and the time period for which your loan lasts. Even if you trade up in that time period, you will be that much closer to being free of house payments. Owning your home outright gives you a significant amount of freedom to consider less lucrative and more personally fulfilling career options- especially if your work environment becomes unpleasant. It can also help you weather the storm of a job loss more easily (though you should also build an emergency fund). Homes are depreciating, illiquid assets with significant transaction fees. It is wise to get a starter home that meets your current needs and move up to a home that better meets your needs as you mature. However, getting on the status treadmill and buying large showy homes that generally exceed the utility that you get out of them is expensive, a poor investment, and often impairs the ability to generate long term wealth."}
{"_id": "412368", "title": "", "text": "\"There are places that call themselves quant funds that are like what you describe, but most are not. \"\"Quant fund\"\" can just about mean anything from \"\"we use computer screens when we read 10-Ks\"\" to \"\"our PhDs write signal processing programs without even knowing what the input data represents, and we run those programs with no manual intervention.\"\"\""}
{"_id": "412395", "title": "", "text": "UBI is actually a neoliberal tool to combat poverty, and support for it among the left only further cements the neoliberal agenda. Social security was meant to address inequality, not poverty, and was a form of socialism of income. UBI does not try to address inequality and as such justifies its existence."}
{"_id": "412404", "title": "", "text": "The US is boxed in by its own trade policy, intentionally, so we can't, its [barred by free trade deals](http://www.pnhp.org/sites/default/files/Nick%20Skala%20GAT%20and%20Health%20Reform.pdf) since 1995, the three we are working on will even [bar it in other countries](http://www.oneillinstitutetradeblog.org/slovakia-prevails-investment-treaty-claim-concerning-universal-health-coverage/).   This kind of reason is what all the secrecy is for."}
{"_id": "412417", "title": "", "text": "They remain navigable, so with enough warning they can fly out of the path. Which sort of sucks since it mans you lose connectivity *during* the hurricane.  From the videos, they say they fly these balloons into the stratosphere, up to 65 thousand feet; they may be able to fly these *above* the hurricane if it is small enough. Not sure if they would be too far away to provide LTE connectivity during that time though.  I don't think they can come down and be re-launched the way another comment said. They have a custom launching hardware you can see in the videos, and they would essentially need to re-inflate the balloons. Keeping this equipment safe and operable during a hurricane is going to be the real challenge with this, and afaik they only have a few launchers, and then juts fly the balloons to be in place, so much more likely they would fly them out of the way, then fly either those balloons or new balloons in place after the hurricane has passed."}
{"_id": "412424", "title": "", "text": "\"&gt;&gt; (NK and Iran with nuclear weapons, both say publicly \"\"death to America\"\").  &gt; Iran's nuclear facilities are under 24/7 inspections by the US and IAEA.   LOL!!!!! Reminder from history: Bill Clinton signed a contract with NK and even gave them nuclear reactors \"\"to prevent NK from having nuclear weapons!\"\". LOL!!!!! Do I have to explain you what happened few years later on?  Then came Obama and did the exact same with Iran. Do you really believe that Iran will not have nuclear weapons? Really? Why did the USA and UN imposed more sanctions on Iran again and again, even recently? Do you believe Iran when it says daily \"\"death to the USA\"\"?  Back to NK: if they even dare to send a missile towards any other country, they will be wiped out from the map, with nuclear weapons you don't even know of.\""}
{"_id": "412446", "title": "", "text": "\"I had two points.  The first is that personal anecdotes are worthless.  The second is that these collectivized statistics are meaningless.  It's the same thing as \"\"median salary\"\" in a state or something.  The median salary is such a useless statistic.  How does a median salary affect me if I'm making X?\""}
{"_id": "412447", "title": "", "text": "I think rather than simply being about a surge in demand for craft and local food, this might be a short-term consequence of millenials' delaying the start to their families. I went to chilis, applebees, ruby tuesday's, and other mid-tier, dine-in restaurants when I was a kid for what could be the same reason as every other kid: the food was better quality than McDonald's but still relatively cheap, the atmosphere was family friendly, and you could trust the continuity of the foregoing across different cities. Millenials like local and craft vendors when they have the money to spend, but they still love the hell out of some Popeye's and Chick-fil-a, which are anything but local.  Why go to RT's if you don't have the problem of having to feed a bunch of picky kids who wouldn't know the quality of local fare anyway? Just my take."}
{"_id": "412448", "title": "", "text": "Have you been looking for a flower arrangement for your office? Maybe to say thank you to friends or family for their help? No matter what sort of flower arrangement you are looking for, we can provide you with everything that you need to make it look great. #Calgary #Flower #Delivery #Florists #Shops"}
{"_id": "412487", "title": "", "text": "There was a 60minute special on it this past Sunday. Quite interesting to watch, but I can't say I blame them because it is true that the Chinese copy and steal other comapny's innovation and use it as their own."}
{"_id": "412492", "title": "", "text": "As a side note, how come airlines don't accept cash for in-flight beverages, headphones etc...  I'm guessing this is tied to their trust of their employees, or because they don't want to give any incentive for violence/unrest on the plane (ppl trying to steal the cash), but neither really make sense to me."}
{"_id": "412502", "title": "", "text": "\"I was in a similar situation, and used FX trading to hedge against currency fluctuations. I bought the \"\"new\"\" currency when the PPP implied valuation of my \"\"old\"\" currency was high, and was able to protect quite a bit of purchasing power that I would have lost without the hedge. Unfortunately you get taxed for the \"\"gain\"\" you made, but still helpful.   In terms of housing market, you could look into a Ireland REIT index, but it may not correlate well with the actual house prices you are looking for.\""}
{"_id": "412508", "title": "", "text": "they were terribly run with uncompetitive prices. I mean I took one walk through a newup and comer like HH Gregg and I was impressed. Limited selection of products but for what products they carried they had a nice range of cheap but workable to expensive but justified priced hardware. Where as Sears had two year old models of TVs selling for the prices of this years. And Kmart is just scuzzy."}
{"_id": "412542", "title": "", "text": "As per Chad's request, I recommend that you keep at least one card in each name  as primary card holder, with the spouse being the secondary  card holder, most easily done by each adding the spouse as the secondary holder to his/her own card. Since credit reporting is usually in the name of the primary credit card holder, this allows both to continue to have credit history, important when the marriage ends (in death or divorce as the case may be). When you travel, each should carry only the  cards on which he/she is the primary card holder; not all  cards. This helps in case of a wallet or purse being stolen;  you have to report only one set of cards as lost and request  their replacement, and you have a set of cards that you can  use in the mean time (as long as you are not in different  places when the loss occurs)."}
{"_id": "412560", "title": "", "text": "SharePoint 2010 helps you cut costs with a unified infrustructure while allowing you to rapidly respond to business needs. Blue Label Hosting\u2019s hosted solutions can save you 50% or more of what it would cost you to do the same in house."}
{"_id": "412566", "title": "", "text": "\"What options do I have to transfer money to UK from Pakistan ? You can do a SWIFT / International Wire. Most Banks in Pakistan will allow you to do this. Note: Pakistan still Manages Forex and it is not freely convertible. You would need to comply with Foreign Exchange Act. You have to fill Form \"\"M\"\" giving the details and purpose of remittance.  In these 5 years they bought 2 properties on my name for me worth around \u00a312000 x 2 = \u00a324K, based on currency conversion rate of that time. You would need to pay capital gains on this sale in Pakistan. You would also need to declare this gain in UK and pay taxes accordingly. Some relief can be claimed under DTAA [Dual Tax Avoidance Agreement]\""}
{"_id": "412584", "title": "", "text": "Would make sense that the higher liquidation cost and Transaction costs are driving the share price down.   Higher liq and transaction means higher investors would require higher return, driving down the share price. The other possibilities I can think of off the top of my head, based on looking at the firm for five minutes  1) In transaction costs, did you include tax? Disclaimer: math below done on the back of the envelope in between meetings;  So, NAV says they are at ~$75M. Liquidating that entire portfolio means about 22% capital gains tax rate. Which means after tax value is about $60M. Add in any fees you'd incur from trying to sell this stuff, and it's not unreasonable to assume you'll only get about $55M once all is said and done, which is pretty close to the actual market cap.   If you have accounted for the above, consider ;  2) Bulk of their investments seem to be in private assets. Which implies that they have some discretion in how they mark the value of those investments. And, there is the chance that the market doesn't have confidence in these guys. What's their performance been like in recent years? Especially with a private asset portfolio, I'd be weary.   If I was to invest in them, I'd want a higher return for the opaque portfolio."}
{"_id": "412586", "title": "", "text": "If you will leave the money invested for a good long while (years) then dividend paying stocks would be appropriate. There are many that pay yields of 3 to 4 percent, which you can take as income or reinvest to compound the growth. There is a lot of good analysis of stocks (and mutual funds that specialize in dividend paying stocks) at Morningstar.com"}
{"_id": "412587", "title": "", "text": "\"&gt; Another way of looking at it: most people think that the way to promote hiring women is to make them better potential employees, but another way to do it is to make men worse potential employees (by giving them the same time off).  Nothing more than lowering the bar.  Just like all the misinformation thrown around about the \"\"assault on women\"\" and the fictitious \"\"pay gap\"\", a majority of women *choose* to be the family member that takes time off from work.  Making men \"\"worse potential employees\"\" doesn't change much since women will still choose to take the time off.  As a result, you have *two* people not showing up for work, as opposed to just one.\""}
{"_id": "412623", "title": "", "text": "\"I'm trying to see where you're coming from -- I'm trying real hard. While I think you're entitled to your opinion, I think it's a bit harsh.  Is it the most amazing piece of literature I've ever read? No. That aside, she makes some very good points to the whole \"\"Startup\"\" mentality. While there are companies/startups that don't fit in to that mold exactly, a vast majority of them do.\""}
{"_id": "412624", "title": "", "text": "Go for 15 years loan - Lower interest rate over 2-5 years period. If you can afford to pay 20% down then please do. Do not assume the average ROI will +(8-10%). It all depends on market and has variable factors like city, area and demand."}
{"_id": "412630", "title": "", "text": "\"Considering Android has 85% of the smartphone market according to the article and you'd be hard-pressed to find an Android phone smaller than 4\"\" screen I'd say you're absolutely wrong.  The \"\"average\"\" person certainly does want a bigger phone.\""}
{"_id": "412632", "title": "", "text": "I think the debacle they are referring to for Facebook's IPO is the Nasdaq debacle.   Nevertheless, Wall St ripped off retail investors pretty good with Facebook's IPO.   * Step One: Hype up major online company * Step Two: Overvalue IPO * Step Three: Sit back and watch the money roll in * Step Four: Watch all those suckers take losses and maybe even short the stock to make more money.  * Step Five: Repeat with next IPO.   Just business as usual with Wall St, when will America ever learn?"}
{"_id": "412641", "title": "", "text": "I live in Upstate NY. It's a great, reasonable cost place to live -- provided that you have a job.  In NYC, there are probably a few hundred jobs with duties similar to mine in a 45-minute radius. Upstate, there may be 5-6."}
{"_id": "412649", "title": "", "text": "\"Oh, I don't doubt they're available - after all, I did pick one up. But I hope you're not just saying \"\"Oh, they don't have a job? They must be dirt\"\". You never know - some may still have yet to be the right person, in the right place, at the right time. Regardless of effort. Regardless of talent.\""}
{"_id": "412657", "title": "", "text": "Prices are adjusted for return and not payout.  So if you take the ratio of the close price and the adjusted close price, it should remain constant. The idea behind a total return (back-)adjustment is to give you a feeling how much money you would have needed back then to reach the price today under the premise that all distributions (dividends, spin-offs, etc.) are reinvested instantly and that reinvestment doesn't cost anything."}
{"_id": "412673", "title": "", "text": "Employers will only ever pay the lowest salaries they can get away with.  High tech labor needs to quit working for peanuts. When they realize they need us to keep the world turning, they will be forced to pay more.  This is nothing new. It is a matter of respect."}
{"_id": "412682", "title": "", "text": "\"1.65% is the annualized interest rate. If it is pail semi-annually, you'd get 8.23 every 6 months.   And yes, if the YC is upward sloping, it means that 30 years t-bills pay higher interest. Thats a premium they pay for having your money locked in for a long time. It makes sense if you consider that they'd pay you that rate (say 2%) for the next 30 years. If for some reason interest rates in 25 years from now are like 15-20% (like they were 25 years ago) and inflation around the same rate, you'd still only be making 2%, on top of bleeding purchasing power of your initial investment. That's why long-term bonds require a premium.   That being said, sometimes you get an \"\"inverted yield curve\"\", where yield's fall with the longer maturities. Look that up.\""}
{"_id": "412687", "title": "", "text": "\"I assume there is a large amount of competition. Ask yourself: \"\"What makes you better or different from other drivers?\"\" If you have an answer, then make it more obvious to customers. If you do not have an answer, then make yourself better or different from other drivers and let customers know.  Example: In Chiang Mai, you can get delicious street food just about anywhere. How do you separate yourself in a sea of strong competitors? One lady started wearing a cowboy hat, it was different. People take notice and remember the hat. People only remember the 'cowboy hat lady.' Now you can type into Google \"\"cowboy hat lady\"\" and her food stand comes up.\""}
{"_id": "412693", "title": "", "text": "Yep.  It's psychological. Same thing with Amazon and shipping costs.  I don't pay shipping with Amazon because I let them take a few days to get the product to me.  In reality, I absolutely do pay for shipping, but it's indirectly baked into the cost of the product itself. It's great seeing the cost upfront when deciding whether or not to buy it.  It sucks to see one price then get hit with a ton of BS charges when checking out."}
{"_id": "412720", "title": "", "text": "\"No, it's not fair usage at all. Maybe meets a legal definition of fair usage, but it's not what we'd consider a \"\"straight faced\"\" claim. Any amount of chicken added to a recipe is \"\"100%\"\" chicken. A molecule of chicken in a recipe qualifies it to include \"\"100% chicken.\"\" It's tautological. It's designed to make you believe the product is more wholesome or free of additives than it actually is. It's a psychological scam, like pretty much all packaging and marketing.\""}
{"_id": "412731", "title": "", "text": "\"Life insurance is not required to be used to pay the debts of the estate. Life insurance proceeds are not part of your estate. They go   directly to the beneficiary, and are their property.  Your daughter   can do whatever she wants with the proceeds. She can pay off your credit cards if she wants, but she doesn\u2019t have   to, even if your will said she should use the insurance money to pay   your debts. If that\u2019s what you really want, you should make your   estate\u2014not your daughter\u2014the beneficiary of your insurance policies.   Then, the proceeds will become part of your estate, so they\u2019d be   available to repay your debts. Source ... if the deceased owned life insurance and nominated a beneficiary   of the policy, the proceeds of that policy would not pass into the   deceased's estate, but would go directly to the nominated beneficiary Source The amount of the life insurance is included in the estate for the purpose of calculating estate tax, but not for the purpose of debt repayment. The estate for the purpose of estate tax is called the \"\"Gross estate\"\" and includes many things that are not included in a \"\"probate\"\" estate.  Source\""}
{"_id": "412760", "title": "", "text": "If you want to spend all of your money in the next few years, then a CD protects you from the risk of a bear market. however, if your time horizon is longer than 10 years, then the stock market is a better bet, since it is less effected by inflation risk. also, as you point out average stock returns are much higher, ignoring volatility.  On the whole, CD's appeal to people who would otherwise save their money in cash.  generally, it seems these people are simply afraid of stocks and bonds because those securities can lose nominal value as well as real value.  I suspect this is largely because these people don't understand inflation, nor the historical long-term index fund performance."}
{"_id": "412762", "title": "", "text": "\"I'm guessing a 6 figure income but I'd settle for upper middle class. I've not looked at what the top 20% of income statistics look like. They likely include a sector of \"\"sub rich\"\" or even sub super rich if you will that heavily finance the lifestyle. It's getting hard to define what rich really is because the inequality is so great. For many rich would be simply doubling or tripling thier income. The reality is that rich now means exponentially richer.\""}
{"_id": "412764", "title": "", "text": "I really hate to say this, but part of the problem with society is people like you.  Too many people find it very easy to justify doing things they know is wrong.  The fact that doing something illegal/unethical is what gives you pleasure, as opposed to doing something good/worthwhile, is very sad."}
{"_id": "412772", "title": "", "text": "\"&gt; I'm sorry you never learned that we should work to live, not live to work. Its truly sad.  I'm not in this group, but there are lots of folks whose work is actually something they are passionate about and they'd do it anyway. Not everyone is secretly pining to work as little as possible(though a lot of people are, I'm sure.) Don't slam it with some aphorism about how we should \"\"work to live\"\" when some people feel their work is their \"\"purpose\"\"(the musks of the world).   Just different goals. Your friend in Thailand sounds like he has a wonderful life, I'm not knocking it.\""}
{"_id": "412781", "title": "", "text": "I think precious metals as an investment might set one up for disappointment.  Why does it seem to continually decline despite the variance?  As many have noted, there isn't much productive use for precious metals, and no major wars are taking place, so they aren't being used as currency substitutes, not to mention that more is being pulled out of the ground every day. The real reason why this graph shows silver to decline in real value over time is because its using a suboptimal price index.  An optimal one would most likely show a stable price over the long run. Silver is a great speculation if one can determine with high confidence the direction."}
{"_id": "412785", "title": "", "text": "One year is short term -- short enough that trying to predict returns is a crap shoot. Frankly, if you will need the money in one year I wouldn't touch anything riskier than a money market account. $5000 also isn't enough to give you much flexibility in achieving a balanced portfolio, since the minimal initial purchase for mutual funds is often around $2500. (I'm not sure whether ETFs would give you any more flexibility.) So on grounds of both size and time horizon, I have to recommend against this plan. The risk of losing money, with insufficient time for gains to balance that risk, is simply too high. Others may feel differently, of course. But that's the best advice I can offer."}
{"_id": "412787", "title": "", "text": "Yes and No. See Q14 on this following Dept of Labor page: http://www.dol.gov/ebsa/faqs/faq-consumer-cobra.html In particular, note:  Coverage begins on the date that coverage would otherwise have been lost by reason of a qualifying event and will end at the end of the maximum period. It may end earlier if:...   After the COBRA election, coverage is obtained with another employer group health plan that does not contain any exclusion or limitation with respect to any pre-existing condition of such beneficiary. The max coverage you can get is 18 months (under some circumstances 36 months), but make sure to review the limitations/possible reasons for it ending earlier that are described on that page. Your HR/benefits person can advise you - I'd certainly touch base with them."}
{"_id": "412819", "title": "", "text": "\"I used H&R Block this year 2013 to do my 2012 taxes and it was a snap!  Ubuntu 12.10 with Firefox 20 and everything worked great!  Although it is not listed as one of the \"\"supported\"\" platforms, Firefox breezed through the application without any problems.  I used the deluxe version of H&R to calculate my mortgage and home business deductions, but I would guess any of the H&R versions work.\""}
{"_id": "412829", "title": "", "text": "I debited the principal and interest accruals to an asset account and credited an equity account Why equity? This is clearly income. Generally, except for open balances and additional owner's investment - you wouldn't credit the equity accounts, ever."}
{"_id": "412830", "title": "", "text": "The recommended way to track TSP funds in online portfolio tools is to track the underlying index and know that the results are pretty close.   Not a perfect solution: :( Source including suggested ETFs: http://finance.yahoo.com/news/breaking-down-tsp-investment-funds-194600393.html Related, but not exactly what you are looking for, Personal Capital will track your TSP holdings: http://themilitarywallet.com/manage-thrift-savings-plan/"}
{"_id": "412836", "title": "", "text": "De Haardout Handelaar biedt het beste kwaliteit brandhout in Nederland. We hebben hout uit een breed scala aan natuurlijk hout zoals de Birchboom. Onze ovendroogde brandhout zorgt voor effici\u00ebntie tijdens het branden en is geschikt voor diverse doeleinden zoals open haarden. Het hout bevat minder vocht en biedt meer brandtijd."}
{"_id": "412855", "title": "", "text": "\"Q) Will I have to submit the accounts for the Swiss Business even though Im not on the payroll - and the business makes hardly any profit each year. I can of course get our accounts each year - BUT - they will be in Swiss German! You will have to submit on your income from the business.  The term \"\"partnership\"\" refers to a specific business entity type in the U.S.  I'm not sure if you're using it the same way.  In a partnership in the U.S. you pay income tax on your share of the partnership's income whether or not you actually receive income in your personal account.  There's not enough information here to know if that applies in your case. (In the U.S., the partnership itself does not pay income tax - It is a \"\"disregarded entity\"\" for tax purposes, with the tax liability passed through to the partners as individuals.) Q) Will I need to have this translated!? Is there any format/procedure to this!? Will it have to be translated by my Swiss accountants? - and if so - which parts of the documentation need to be translated!? As regards language, you will file a tax return on a U.S. form presumably in English.  You will not have to submit your account information on any other form, so the fact that your documentation is in German does not matter.  The only exception that comes to mind is that you could potentially get audited (just like anyone else filing taxes in the U.S.) in which case you might need to produce your documentation.  That situation is rare enough that I wouldn't worry about it though.  I'm not sure if they'd take it in German or force you to get a translation. I was told that if I sell the business (and property) after I aquire a greencard - that I will be liable to 15% tax of the profit I'd made. I also understand that any tax paid (on selling) in Switzerland will be deducted from the 15%!? Q) Is this correct!? The long-term capital gains rate is 15% for most people. (At very high incomes it is 20%.)  It sounds like you would qualify for long-term (held for greater than 1 year) capital gains in this case, although the details might matter. There is a foreign tax credit, but I'm not completely sure if it would apply in this case. (If forced to guess, I would say that it does.)  If you search for \"\"foreign tax credit\"\" and \"\"IRS\"\" you should get to the information that you need pretty quickly. I will effectively have ALL the paperwork for this - as we'll need to do the same in Switzerland. But again, it will be in Swiss German. Q) Would this be a problem if its presented in Swiss German!? Even in this case you will not need to submit any of your paperwork to the IRS, unless you get audited.  See earlier comments.\""}
{"_id": "412858", "title": "", "text": "The futures market allows you to take delivery at the lowest cost.  Most people don't deal in 100oz gold bars and 5000oz of 1000oz silver bars though, especially at the retail level.  That said, when you are at the retail level, often times you will find reputable Internet dealers offering the lowest cost of ownership.  Keep in mind brand name though when you're doing this.  Reputable refiners/mints will often see higher premiums versus generic, and this does matter to some extent. Quantity and weights also matter in terms of pricing; the more you buy the lower the premium."}
{"_id": "412868", "title": "", "text": "No one has considered the tax write off at the end of the year? Will the house be in the parent's name or his, and can one of them take a write off for taxes and interest at the end of each year? On a small salary this may mean he has no tax liability for the four years, and can possibly make up the extra buying costs.... also, look at the comps in the area for the past five years and see if home values have increased and turnover rate for the area will tell you if people are buying in that area..."}
{"_id": "412877", "title": "", "text": "Taxation is theft. So you are right there is no fair share of theft. And you are right we don't hold our state to the same standard as we would any other gang that demands a cut of your income. But you want to hold people that we voluntarily do business with to a higher standard than those that steal from us?"}
{"_id": "412881", "title": "", "text": "The question is valid, you just need to work backwards. After how much money-time will the lower expense offset the one time fee?  Lower expenses will win given the right sum of money and right duration for the investment."}
{"_id": "412917", "title": "", "text": "Cynical answer: Real Estate agents make money on commission from sale of houses, so their compensation is tied to the home price. Banks make money off loans, so it is in their interest to make larger loans (as long as the loan gets paid).  So their is a tension at the bank between selling a larger mortgage, and ensuring that their customer can pay the mortgage. Gross income is easier to check, and the taxes at a given income are fairly predictable.  And banks realized that people can change their medical and retirement deductions."}
{"_id": "412921", "title": "", "text": "\"If you take the argument that the larger the purchase, the more important the CEO then you look at the two largest purchases consumers make... a house and a car. The house we can eliminate because there aren't any CEOs or companies involved... well, unless you want to look at the banks hosting the mortgages.  When it comes to cars I can tell you from my experince that the company or CEO never entered into it. I decided on a make and model based on reliability and price and never once comsidered the company backing it. Turned out to have been a mistake because I bought a Chrysler and most of the local dealers went out of business shortly after I bought it.  Car purchases are largely an emotional deal, not an intellectual or financial one. The best brands sell you on what you feel about the brand, not what you know about the brand. Heck, there have been reams and reams written about \"\"selling the experience\"\", which is what companies like BMW, Apple and REI all do incredibly well.   I think you'd find that if you replaced \"\"water\"\" with \"\"automobile\"\" you'd get a similar result. Who was the CEO of Chrysler when I bought my car? No freaking clue. At all. I still don't know.\""}
{"_id": "412951", "title": "", "text": "Let's say a stock trades at $100 right now, and you can buy a $100 call option. When you buy the call option (and the money you paid is gone), one of two things can happen: The share price goes up, or the share price goes down.  If the share price goes up, you profit. If the share price goes down, you don't lose! Because once the shares are below $100, you don't exercise the call option, and you don't lose any money.  So if you have a share that is rock solid at $100, you don't make money. If you have a share where the company owner took some ridiculous risk, and the shares could go to $200 or the company could go bankrupt, then you have a 50% chance to make $100 and a 50% chance to not lose anything. That's much more preferable."}
{"_id": "412955", "title": "", "text": "There are a lot of union jobs like that.  I once was a union worker at a plant.  The company had 11 plants, of which two were union.  The two union plants were not coincidentally the lowest producing plants the company had.  My buddy who got me hired there and I kept getting told to slow down and not work so hard.  While I was there, the company fired a worker for sleeping and drinking on the job.  The company had filmed him doing these things.  He fought it.  The union backed him and he won on the grounds that the company had singled him out - there were apparently other people doing these things, but he was the worst so they had picked on him first.  The company was forced to re-hire him.  A few months later, the company shut down the plant and *everyone* lost their jobs.    Go union."}
{"_id": "412965", "title": "", "text": "Although the market  discussion by other answers is correct, the  tax structure of many developed nations (I am familiar with Canada in particular) offers a preferred tax rate for dividend income compared to taxable gains. Consequently, if your portfolio is large enough to make transaction fees a very small percentage rate, this is a viable investment strategy.  However, as the preferred tax rate for dividends typically will catch up to that for capital gains at some cut-off point, there is a natural limit on how much income can be favourably obtained in this way.  If you believe your portfolio might be large enough to benefit from this investment strategy, talk to a qualified investment advisor, broker, or tax consultant for the specifics for your tax jurisdiction."}
{"_id": "412981", "title": "", "text": "There is nothing inappropriate about this reply, yet I'm bumped down to -1 to make me invisible. That is not how debate is supposed to happen.  If someone disagrees, they should do it in words. Downvotes are for inappropriate conduct."}
{"_id": "413015", "title": "", "text": "Are you in the US? Because if so, there are tax discrepancies. Gains from sale of stocks held for less than one year are subject to ordinary income tax, so probably around 30%. If you hold those stocks for a year or more, gains will be taxed as capital gains tax, 15%.  For Forex, taxes on your earnings will be split 60/40. 60% will be traded at the lower 15% rate, while the remaining 40& will be taxed at a higher rate, approximately 30%.  So purely short-term, there is a tax advantage to dabbling in Forex. HOWEVER - these are both incredibly risky things to do with your money! I never would recommend anyone invest short-term looking to make quick cash! In fact, the tax code DISCOURAGES people from short-term investments."}
{"_id": "413024", "title": "", "text": "\"We're discussing the \"\"why\"\" and \"\"how\"\" USA companies [ab]use H1B visas, when it is so clear and so obvious that companies do this purely to lower costs, even if there are US workers willing to do the work. The H1B visa is unequivically part of the race to the bottom. You defended it as, \"\"in an ideal economy....\"\" without presenting your idea that way to u/Yangoose and even told u/Yangoose they were wrong about how the economy works.  You didn't present your ideas as part of a hypothetical government that had far less regulation or far less corruption than the USA has to u/Yangoose\""}
{"_id": "413027", "title": "", "text": "Royal White Marmo started in year 2005 at Rajsamand, Rajasthan. Royal White Marmo Pvt Ltd is exporter/ importer, manufacturer, supplier of Indian marble.Royal White Marmo has best marble stones such as Agria figrative, Aarna, Aravli Oneyx, Dharmeta Jaal, J K figurative, J K Brown, Morwad white, Nirzarna Brown, Nirzarna Black line, Nirzarna White, Oneyx lady green, Oneyx lady pink, pink figurative etc.https://plus.google.com/b/114472574837476298681/114472574837476298681"}
{"_id": "413029", "title": "", "text": "&gt; The idiocy... it's palpable.  I once worked at a company that was stingy with its programmers.  The company needed some more talent and paid some big bucks to raid another local company with the niche knowledge... the new programmer started and one of our guys gave notice.  The other company raided one of ours."}
{"_id": "413041", "title": "", "text": "Market Makers are essentially just there to process the buys and sells of traders, so just like you and I buy and sell at the ask and bid prices they do to. They are just completing the process of making our orders a reality. Market makers are just representative of brokers, meaning that when you place your order at ask or bid, you are placing that particular brokers order at ask or bid. People often say that certain brokers have too many shares and claim that they are games when really that just means that there happen to be a lot of people using a particular broker all at once, or more troubling, perhaps even company execs using a broker, to sell a large amount of shares."}
{"_id": "413043", "title": "", "text": "&gt; ES_F June today the most recent 5 min bar has 809 volume. while the september has 10616 volume on the same bar.  on my rolled over contract, the ratio based adjustment has happened last week (9 bus days prior to expiration)  &gt; 1. Commision p/l should be subtracted as actual actual.  absolutely BUT, initially, it is interesting to see if there's a good positive bias in the strategy. then we check whether comm/slippage eats it all. if so we try to play it in an index/etf whatever that charges less c&amp;s/.  agree ?"}
{"_id": "413046", "title": "", "text": "While you are correct that no broker-dealer ever qualifies for FDIC and it could be sufficient for customers to know that general rule, for broker-dealers located at or 'networked' with a bank -- and nowadays many probably most are -- these explicit statements that non-bank investments are not guaranteed by the bank or FDIC and may lose principal (often stated as 'may lose value') are REQUIRED; see http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=9093 ."}
{"_id": "413053", "title": "", "text": "I guess I didn't fill in all the holes at first, but what I'm implying with this system is that the company bonds would be the currency of the territory, as monetary policy would be decentralized and be replaced by competing money supplies that firms and individuals would be free to choose from and switch between at any time, whether they prefer an easy or tight monetary policy at any given moment.  At this point, the bonds would be the most liquid thing around, as you could repay your bonds in the bonds of another, and any one of these bonds could be used to pay taxes.  It's a scenario I've been working out because I see the drawbacks of centralized money laid out by F.A. Hayek in Denationalization of Money, but I don't think a gold standard would be sufficient in today's world.    (Most of the scenarios I've planned this out in assume the scenario of a perfect competition market, where all firms breakeven with expenses, and the role of researcher and developer is taken up by the government, so life improvements can still occur over time.)"}
{"_id": "413067", "title": "", "text": "I will add:  1. We need a Business Analyst to evaluate this / we need more data / we need more research, etc...  2. The color, system name, etc are not a good choice and it should be blue / AGURSX system.  3. We need this to meet the deadline of [some made up required date/goal despite the manager having no prior clue about this current proposal]  4. We need changes to meet our limited resources...  5. I will work on selling it to top management, but I need a simplified description of this.  I am in a rush... but I can easily think of 100 more management tricks..."}
{"_id": "413078", "title": "", "text": "Most US banks allow to initiate wire transfers online. (I do it regularly with BoA and JPMorgan-Chase) Once you have your account details in Germany, you log on to your US account, set it up, and initiate the transfer; that should go through within one day. The exchange ratio is better than anything you would get buying/selling currency (paper cash money), no matter where you do it. Chase takes a fee of 40$ per online transaction; BoA 45$. The receiving bank might or might not take additional fees, they should be lower though (I have experienced between 0\u20ac and 0.35%). Therefore, it is a good idea to bundle your transfers into one, if you can."}
{"_id": "413090", "title": "", "text": "\"Just remember that the numbers can be quite remote from the realities . Look at the corporations that are crashing and ask yourself - \"\"would any of the numbers have told me what was going wrong with the corporations and what needed to be done to fix them ?\"\" . Look at , for example , Sony , HMV , Best Buy etc. .\""}
{"_id": "413102", "title": "", "text": "People will always eat out.  Waited tables during the last recession, had no problems making money.  I agree with the people in the article, it will discourage tipping and potentially lower their pay.  It has nothing to do with taxes as everyone claims either."}
{"_id": "413108", "title": "", "text": "It is unlikely that the plan is worth doing, given the numbers you have used. However, your thinking is correct that given enough of a rate differential, it could be worth doing. Consider that for each $100k of your mortgage [and I assume your limit for an unsecured personal loan is likely far less than 100k], you would save only $50/year by taking out a personal unsecured loan of 3% and paying off your 3.05% mortgage. Instead, such low unsecured rates may be a signal that it would be worthwhile for you to renegotiate your mortgage. You will likely need to pay a fee, but the savings could be significant.  For each $100k of mortgage, a 1% rate change from your current rate saves you 1k per year. So if you can get a mortgage rate of 2% [which may be possible if an unsecured loan costs you 3%], compare the initial administrative fee against those savings, over the course of the term of the renegotiation. ie: $300k saves you 9k over 3 years, so would be well worth even an initial $3k admin fee."}
{"_id": "413121", "title": "", "text": "Yes did this. Had 5 years management experience at a state level with industry specific qualifications (financial services). Interview with the dean, written request and I was in on the basis that after the first 4 terms they could either give me a graduate diploma and send me on my way OR let me finish the MBA.   Now I have an MBA."}
{"_id": "413127", "title": "", "text": "You need to step back and accept the real truth that she was a TERRIBLE candidate.  In my immediate family I have five brothers and sisters.  Four of them voted for Obama in 2008 and 2012.  None of them voted for Hillary last November.  Same story with so many people I know at work and in my community.  They wanted to vote Democrat but not her.  Anyone but her."}
{"_id": "413132", "title": "", "text": "The order book looks fine, if it were a liquid market. However, a bid that matches with an ask will always be met on a first come first serve basis. There's no other way to do it.   Most traders don't like doing that because they want to try to get a lower price. HFT don't have to worry about meeting the ask because they're just going to pass that cost on to the guy on the hook.   By the time the HFT makes the buy they already know the guy wants to buy at 70.00  They did not know that at the time they placed the buy order. If the buy order from the HFT hasn't been cancelled it means they already found someone.  How? By testing the market with sell orders at the same time they were sending buy orders.  They keep a little bit of stock in reserve to perform these tests."}
{"_id": "413152", "title": "", "text": "\"Right - if you want to blame the banks for the unsustainable \"\"NINJA\"\" loans they gave out, you can't turn around and slam them for not lending to people in struggling financial positions. Pick your poison.  A better solution would be for the government to step in to this gap and re-finance mortgages themselves, but the Republican party has made that politically unsustainable.\""}
{"_id": "413160", "title": "", "text": "You don't, because no one will.  (In fact, if you want to patent an *idea* -rather than a process or a design- it probably sucks.)  So you just bring the product to market.  Then you can either move forward patenting it yourself, or demonstrate that it's a preexisting idea and dispute all other subsequent patents.  And the way you bring your product to market is by gambling your life."}
{"_id": "413169", "title": "", "text": "My question is, how do you rebuild a home, without the money to rebuild the home? I ignorantly thought that was why we paid for insurance. The reason that you have insurance is so as to keep the mortgage lender from losing money.  That's why you buy the insurance through the mortgage lender and they get paid.  Without the insurance, you'd have no home but still have a mortgage.  You'd either have to pay off a mortgage with no house or have to declare bankruptcy to shed the mortgage.   You essentially have two paths.  If you (or the builder/suppliers) can afford to float the cost, you can rebuild the original house.  You'll eventually get the $161,000 and can pay off the builder and suppliers.  This may involve taking out a construction mortgage to refinance the original mortgage.  Presumably the construction mortgage would be with a different lender.   The other path is that you can sell the existing property as is, and use the insurance and proceeds to pay off the existing mortgage.  Then you'd have no house and no mortgage.  You start over and buy a house with a mortgage.   It's possible that your insurance payoff isn't enough to pursue either path.  Then your option is to get the insurer to make a bigger payoff.  This may involve suing them.  Note that you may be able to talk the government into suing the insurer for you.  They do have regulators who can review things.  If you can't get government action, there are lawyers who will do the suing and take their fees out of their winnings."}
{"_id": "413174", "title": "", "text": "Since you reference SS, I surmise you are in the US.  Stock you inherit gets a stepped up basis when it's inherited. (so long as it was not contained within a tax deffered retirement account.) When you sell, the new basis is taken from that day you inherited it. It should be minimal compared to your desire to diversify."}
{"_id": "413209", "title": "", "text": "Uber should have crushed Lyft by being the first to market a long time ago. Instead they blew their lead by dumping all their money into   1. Warring with Google, which they will lose, and were always bound to lose, because nobody at Uber has ever heard of NDAs or sunk cost fallacies   2. Tolerating PR scandals until the point where customers actively sought out an alternative not because the product was bad, because Uber was in many ways a superior product, but because they saw Uber as a bad company. And it takes a lot to lose customers in that situation.   What a stupid company."}
{"_id": "413229", "title": "", "text": "You should have a separate business account. Mixing business and personal funds is a bad practice. Shop around, you should be able to find a bank that will let you open a free checking account, especially if you are going to have minimal activity (e.g. less than 20 of checks per month) and perhaps maintain a small balance (e.g. $100 or $500)."}
{"_id": "413231", "title": "", "text": "&gt;I take advantage of this distortion to offer to buy your gold for half its free market value.  This is where I disagree. The price you get *actually is* the market value. If not, you clearly don't have the skills to be trading in gold, and should immediately get out of that business.   But let's continue with your example, where starvation is the *only* alternative. The only thing preventing your death by starvation, is the *ability and willingness* of David Siegel to accept your offer. In your example, he has saved your life.   Ah, but how did he come to be in a position to do so? It took him many years of his life, and he chose to forego many of life's pleasures along the way, to ultimately attain the ability to save *your* life. Suppose he had never done so. Perhaps you would have never ended up with gold, as it would be worthless to you. Or you still would have acquired the gold, and then just died.   As far as the timeshare thing goes, if people are willing to accept a vacation in exchange for allowing someone to attempt to sell them something, I see nothing wrong with them doing so."}
{"_id": "413240", "title": "", "text": "\"To me, I get what people are saying and don't hold semantic differences against intelligent people who may not have insight into my perspective as an employer. If someone says \"\"professional development\"\" instead of \"\"training,\"\" sure, it sounds much more slick. Are the two terms materially different? No, and unless there are other indicators of subpar communication for the training dude, it's silly to devote an ounce of energy to giving a shit when the question itself is inherently valid.\""}
{"_id": "413250", "title": "", "text": "The dividends on CD's typically get put back on the balance of the CD depending on the instition.  That money then becomes available to withdraw if you so decide, but if you leave it in the account you will earn more interest.  The interest is compounded off the total balance which includs any dividends that have been added in the CD.  You essentially only get paid out once typically on a CD which is the time of maturity.  After that you have 10 days to either roll this into a new cd and cash it out.  The dividends typically get paid out (or put back on the cd) quarterly, but it depends on the institution as well.   Try going to the following website to find out how much you will make.  You will need to ask your institution if they pay out monthly or quarterly first.  Put in the beginning balance, how often it's paid out, the interest, and months and it will tell you your ending balance. http://www.bankrate.com/calculators/savings/bank-cd-calculator.aspx My suggestion:  Stay away from CD's at this time. The interest rates are too low to bother with."}
{"_id": "413253", "title": "", "text": "\"Sounds nice in theory, but let's be honest here.  Competition between channels is weak.  There do exist people who go on google, and search for products (though generally, these people are looking for reviews, which they will later go to Amazon to purchase) but most people go directly to Amazon, and use it as a product search engine.  Amazon owns search, they own the marketplace, they own the distribution.  And they get to look at all your data... if and when they see you got a good thing going they can choose to manipulate their listings to favor themselves, and drown you out.  It's easy to say \"\"yeah, being in the marketplace sucks, just don't do it\"\".  But if you don't participate in their marketplace, you're probably going to go out of business.  There is not a sufficient amount of competition in the other markets that are viable to go somewhere else. eBay, Sears marketplace, google shopping, they're a pittance.\""}
{"_id": "413256", "title": "", "text": "\"There is a legal document called a \"\"Stock Purchase Agreement\"\" and it depends on who is the other party to the buyer in the Agreement. In almost all startups the sale goes through the company, so the company keeps the money. In your example, the company would be worth $10,000 \"\"Post-Money\"\" because the $1k got 10% of the Company.\""}
{"_id": "413266", "title": "", "text": "For a more philosophical way to approach this, consider money saved as the opposite of money owed: This philosophy works for things which you may be able to borrow for (computer, car, house), but also for things you can't borrow for (retirement, giving to your kids, etc.). As others have mentioned, the 10% suggestion is for retirement, but the actual number depends on your lifestyle. As you can see in this chart, saving 10% of your income means you'll need to work for 51.4 years."}
{"_id": "413286", "title": "", "text": "Meebo's toolbar is installed on thousands of site and seen by millions of visitors, giving Google the ability to plug into that. Meebo's developers are quite smart as well, so Google will get them in the buyout. Plus, Meebo's focus has shifted in the last few years from an online chat service to a website toolbar service to an interest profiling service. The latter is right up Google's alley."}
{"_id": "413307", "title": "", "text": "Just like everyone should be a waiter for 6 months, I feel like everyone should be a manager too. Three women in their mid-20s will always explode into a cloud of drama. Oppositely, 3-4 middle aged men do the exact same fucking thing.  People are just clicky and gossipy and shitheads. It definitely seems like girls in their mid twenties are the worst, while guys at 40ish are also the worst."}
{"_id": "413313", "title": "", "text": "I would add this as comment if I could. Basically a lot of people say you can't beat the interest rate when you invest vs paying off a loan which is typically correct, however you really need to learn how to save money. It's quite easy getting into debt and paying it off but what tends to happen with a lot of people is they continue that cycle when they see how easy it is and never have a decent amount of savings.  I would make the minimum payments or slightly more and then save as much as possible, learn to sacrifice on luxuries which are extremely tempting when you are just starting out to earn good money. I'm not sure about your cost of living but set up a direct debit to take 10% of your salary after tax every month a couple days after you get paid. Having a large lump sum will do wonders for your credit and will enforce good habits"}
{"_id": "413324", "title": "", "text": "I am sure that laws differ from state to state.  My brother and I had to take over my dads finances due to his health.  He had a vehicle that had a loan on it.  We refinanced the vehicle and it was in our name.  One of our family members needed a vehicle and offered to take over the payment.  Our attorney advised us to be on the insurance policy with them and make sure if was paid correctly. We are in Indiana.  I know it is hard to discuss finances with family members.  However, if you co-signed the loan I think it would be wise to either have your name added to the insurance policy or at least have your brother show proof it has been paid.  If you are not comfortable with that it may be a good idea to make sure the bank has your correct address and ask if they would notify you if insurance has lapsed.  If your on the loan and there is no insurance at the very least if the vehicle was damaged you would still be responsible to pay the loan."}
{"_id": "413328", "title": "", "text": "\"Turbox Tax states the following:  \"\"For 2015, the AMT exemption amounts are $53,600 for individual taxpayers, $83,400 for married taxpayers filing jointly and surviving spouses, and $41,700 for married persons filing separately. This is the amount you're allowed to deduct from your taxable income before applying the AMT.\"\"\""}
{"_id": "413348", "title": "", "text": "On re-reading the question, I see that you're self-employed, decent income, but only have an IRA. Since the crux of the question appears to be related to your wanting to put aside more money, I suggest you open a Solo 401(k) account. The current year limit is $17,000, and you can still have an IRA if you wish."}
{"_id": "413358", "title": "", "text": "Well....not in my reality.  Chipotle is very prevalent in all cities of America, it is owned by McDonald's.  I'm sure all walks of life frequent the establishment, and I'm sure there are vastly different demographics depending on what region or city you are in. In Chicago where I am from it is mainly middle class whites and blacks that go to Chipotle, between the ages of 25 to 35. Yes, the majority of mexican food throughout America is horribly bad. There are lots of chain restaurants dotted throughout this country that use mexican food's simplicity to make a quick buck, sacrificing quality over profit.  Chipotle profits simply because it is a quick and filling meal for people on lunch breaks. They have never broken our out of places that are work hubs in Chicago because people get real mexican food when they are in residential areas.  The best gringo mexican restaurant IMHO is Xoco, it is  owned by Rick Bayless.....amazing food with lines that stretch a city block long"}
{"_id": "413368", "title": "", "text": "These cash restrictions are already working in Italy and France. And the reporting of foreign accounts is something that it should have been done a lot of time ago. I'm not sure why the article thinks they are a big deal.."}
{"_id": "413370", "title": "", "text": "I don't think you understand the multiplier effect.  The multiplier effect does not allow a bank to loan out more money than they have.  The multiplier effect is the theory that when a bank loans out money, that money will come back to the bank in the form of a deposit, which they can loan out again.  With this banking idea, if there were enough popularity, then when they loan out money, they could be getting it back in the form of deposits, that they can lend out again."}
{"_id": "413374", "title": "", "text": "Thanks for starting this thread. Interesting to see I'm not the only one that is thinking about this. There's a lot of exchanges out there. I found that coinmarketcap.com gives quite a decent overview.  I found this great website: https://www.coincheckup.com For a complete crypto analysis on every single tradable crypto out there."}
{"_id": "413404", "title": "", "text": "Tesla is not planning to sell 100k cars in 2015, they plan to have an annualized run rate of 100k by the end of 2015.  Also, the luxury market is pretty close to 50/50 between large sedans and SUVs, so Tesla figures they can sell as many SUVs as they can sell sedans, and they can almost certainly sell 50k sedans considering they're easily selling 35k without advertising whatsoever and with long wait times and barely having penetrated China or RHD markets.  Also, that 100k is worldwide, not just in the US."}
{"_id": "413407", "title": "", "text": "I had an interview with blockbuster head office, United Kingdom in 2011. It was for a senior management type role.  In the interview I asked one of the managers who was on the Board what the company was doing about the like of Netflix and LoveFilm.  His answer stunned me.  He said nothing really. The industry will always need us to distribute films by DVD rental. They need DVD sales. Etc. The model works.   I was absolutely stunned by the whole firms naivety. Declined the job.   Not surprised to see the company fold.   Edit: got date wrong - was sometime around March 2011."}
{"_id": "413415", "title": "", "text": "America is planning to make the Dodd Frank act less comprehensive. You can focus your work on what it would mean for financial institutions in terms of reduced regulatory costs but more risky assets. Or if  this could again expose American banks to a domino like collapse in a crisis."}
{"_id": "413423", "title": "", "text": "It's difficult to compile free information because the large providers are not yet permitted to provide bulk data downloads by their sources.  As better advertising revenue arrangements that mimic youtube become more prevalent, this will assuredly change, based upon the trend. The data is available at money.msn.com.  Here's an example for ASX:TSE.  You can compare that to shares outstanding here. They've been improving the site incrementally over time and have recently added extensive non-US data.  Non-US listings weren't available until about 5 years ago. I haven't used their screener for some years because I've built my own custom tools, but I will tell you that with a little PHP knowledge, you can build a custom screener with just a few pages of code; besides, it wouldn't surprise me if their screener has increased in power.  It may have the filter you seek already conveniently prepared. Based upon the trend, one day bulk data downloads will be available much like how they are for US equities on finviz.com.  To do your part to hasten that wonderful day, I recommend turning off your adblocker on money.msn and clicking on a worthy advertisement.  With enough revenue, a data provider may finally be seduced into entering into better arrangements.  I'd much rather prefer downloading in bulk unadulterated than maintain a custom screener. money.msn has been my go to site for mult-year financials for more than a decade.  They even provide limited 10-year data which also has been expanded slowly over the years."}
{"_id": "413435", "title": "", "text": "\"The point of a business is to make a profit. End of story. And, they do pay a fair wage, especially compared to the other mass market competitors, which are not Trader Joe's or Costco. Due to the vastly larger number of items per store they need a different labor model, part of which is paying them less than Costco.  Did you ignore where I said in rural areas they actually are one of the better and better paying low skill employers? Their profit per employee is just under $6,000, while for Costco it is over $18,000 per employee. \"\"Plenty of profit\"\" is not a good measure. According to your criteria, Costco should be paying their employees a lot more since they have a much larger profit per employee.   And, no, low skill employees who are easily replaced are generally not going to get paid a lot of money. That is market forces in action.   https://www.fool.com/investing/2016/06/13/what-do-wal-mart-and-target-pay-their-workers.aspx  http://www.payscale.com/career-news/2011/05/target-vs-walmart\""}
{"_id": "413438", "title": "", "text": "\"There are two different issues that you need to consider: and The answers to these two questions are not always the same.  The answer to the first is described in some detail in Publication 17 available on the IRS website. In the absence of any details about your situation other than what is in your question (e.g. is either salary from self-employment wages that you or your spouse is paying you,  are you or your spouse eligible to be claimed as a dependent by someone else, are you an alien, etc),  which of the various rule(s) apply to you cannot be determined, and so I will not state a specific number or confirm that what you assert in your question is correct.  Furthermore, even if you are not required to file an income-tax return, you might want to choose to file a tax return anyway. The most common reason for this is that if your employer withheld  income tax from your salary (and sent it to the IRS on your behalf) but your tax liability for the year is zero, then, in the absence of a filed tax return, the IRS will not refund the tax withheld to you. Nor will your employer return the  withheld money to you saying \"\"Oops, we made a mistake last year\"\".  That money is gone: an unacknowledged (and non-tax-deductible) gift  from you to the US government. So, while \"\"I am not required to file an income tax return and I refuse to do voluntarily what I am not  required to do\"\"  is a very principled stand to take, it can have monetary consequences. Another reason to file a tax return even when one is not required to do so is to claim the Earned Income Tax Credit (EITC) if you qualify for it. As Publication 17 says in Chapter 36, qualified persons must File a tax return, even if you:   (a) Do not owe any tax,   (b) Did not earn enough money to file a return,   or   (c) Did not have income taxes withheld from your pay. in order to claim the credit. In short, read Publication 17 for yourself, and decide whether you are required to file an income tax return, and if you are not, whether it is worth your while to file the tax return anyway. Note to readers preparing to down-vote: this answer is prolix and says things that are far too \"\"well-known to everybody\"\" (and especially to you), but please remember that they might not be quite so well-known to the OP.\""}
{"_id": "413441", "title": "", "text": "\"Im currently working on the line for a major multinational. They regularly take feedback from us for improvements, and in India, one of those suggestions increased direct sales by (reportedly) over 50%. That suggestion? Put a label on card readers that said \"\"(company name) Authorized Card Reader\"\". It cost the company less than $10, and now brings in millions per year.\""}
{"_id": "413448", "title": "", "text": "We do need to reduce the influence of private money in politics, but we do not need the government to get involved in income redistribution.    This is not just.  A just society embraces proportionality. It is, in other words, a meritocracy. Not only, is it morally right, it's also sensible.   If everyone receives the same regardless of effort and contribution, that creates an incentive to work as little as possible. If you punish legitimate success, you harm everyone and perpetuate poverty.  Inequality doesn't matter; poverty matters, and these are not interchangeable issues."}
{"_id": "413450", "title": "", "text": "&gt;You keep speaking annually. No one gives a fuck about annual costs. You have to earn the entire degree, so the total cost is what I am concerned with, and what I was speaking to.  Yea, and those in state costs are insanely low, nominal cost of 20-30k with scholarships routinely under 15.  No cheaper conference in the US, so not really sure your point.  &gt;Everyone else in finance laughs at you. If finance professionals are leeches on industry, you are the parasites on the cocks of leeches.  I'm sure - that's why they pay us hundreds (or thousands!) of dollars an hour to tell them what to do."}
{"_id": "413458", "title": "", "text": "2 years is right before it becomes inactive.  Otherwise you have to take CE.  Which you need to be somewhere which will keep it updated for you.  I'd push off the CFA route unless you have a decent job available, those tests make the 7 look easy."}
{"_id": "413495", "title": "", "text": "There are so many free websites that it's really hard to get customers to pay for your service. On the other hand, quality news apps are rarer, which is why I think subscription-based content on mobile has a wider future than it's online variant."}
{"_id": "413521", "title": "", "text": "I think you have to refer to it (i.e. a hedge fund) as more of a legal structure rather than from an investment perspective. Hedge Funds are generally private investment vehicles that require large capital contributions (whether the hedge fund is set up as a 3c(7) or a 3c(1) structure). Doesn't matter what the relative investment strategy is (long only, long/short, levered, distressed debt, model defined, etc.)  3(c)(7) = qualified purchaser status = Min worth of $25,000,000 3(c)(1) = accredited investor status = less than qualified purchaser status, but still requires certain income limits.  Just my two cents."}
{"_id": "413522", "title": "", "text": "\"Curious, are you asking about average, or the good numbers? The median family doesn't have $2500 to address an emergency. We are a nation of debtors, and spenders. A young couple at .8 is doing well. It means they saved 20% for a down payment, and just bought a house. Not too tough to buy with 5% down, have no other savings, and a student loan to put the debt to equity over 100%.  Older people should be shooting for zero. I semi-retired at 50, and my mortgage is at about 8% of my net worth. 50% would be too high. Others 50+ should have at least 50% equity in their home and nearly half their \"\"number,\"\" the amount needed to retire. So, a target is 25% maximum.  These numbers shouldn't impact you at all. You should plan wisely, spend frugally, and prioritize your goals. There are 'zero debt' people out there who make me look reckless, and others who invest in rentals with a goal of keeping them highly leveraged.  Neither group is wrong, what's right for you is what lets you sleep at night.\""}
{"_id": "413530", "title": "", "text": "That's what the board, other executives, and consultants are for, but sometimes you get some hotshot who doesn't heed any advice.    In this case, the business plan was to break the law on a massive scale and use consumer goodwill, scale, and lobbyists to stay alive so maybe he thought the company above sexual harassment laws, too.  Their main corporate culture shtick is to be an asshole, so this was probably a byproduct of that, not the main theme a la Dov Charney."}
{"_id": "413534", "title": "", "text": "\"I write software myself and was involved in a couple of start ups.  One failed, another was wildly successful, but I did not receive much in compensation. The former I received stock, but since it failed, it was worthless anyway.  There should be compensation for your time in addition to equity in a company.   Any agreement needs be in writing.  In the later situation I was told to expect about a 17%/year bonus, but nothing could be guaranteed.  Translation:  \"\"It will never happen.\"\"  It didn't, but I meet my lovely wife there so I have that for a bonus. Agreements need to address the bad things can happen.  What happens if one of you is no longer interested in continuing?  What happens if one of you die, or addicted to something?  What happens if one of you gets thrown in jail or disabled?  Right now you are full of optimism and hope, but bad things happen.  Cover those things while you still like each other. It might be enough to have a good salary, and some stock options.  You man not be interested in running the day to day business. Most of all good luck, I wish you all the best!\""}
{"_id": "413566", "title": "", "text": "Generally you don't exclude cash that is needed to keep working capital going. A firm's need to cash will vary based upon it's AR and AP policies. Some companies that have beat up their vendors and extract harsh payment terms, like Dell and Walmart, often have negative working capital and can therefore be thought of as funding growth on their suppliers cash. Most companies require some amount of cash in their working capital to connect the dots from when they pay their suppliers and when their customers pay them. You need to leave that cash in your working capital calculation and on your DCF."}
{"_id": "413573", "title": "", "text": "From the apartment owners perspective what was the purpose of $300? They promised they wouldn't rent it to somebody before you had a chance to see it. But lets say you did see it, and decided you didn't like the view. Would they have to give the money back? if so, why would they promise not to rent it if somebody showed up first?  I would have made it clear, as the owner, what the money was for. It was a $300 fee to delay rental. You would have essentially bought x number of days of delay. You could view it as a mini-short-term rental. Of course there should have been paperwork involved. There should have been been a receipt that at least mentioned the amount of money involved. You may need to pay the amount owed, and may need to determine if you want to sue in small claims court. Of course your agent may have some liability based on your contract with them and any paperwork they signed when the money was sent to the owner. The fact that the bank sided with you doesn't mean the courts will."}
{"_id": "413574", "title": "", "text": "You think? I know two places locally that originally did that and threw them out 6 months later because the kiosks caused more problems than they were worth and both places need to hire someone to sit by the kiosks and help people enter their orders."}
{"_id": "413609", "title": "", "text": "He's the president of the most powerful country on earth, maybe that's some success?, just maybe, why do people cant accept facts. You have to see his shit everywhere because he is the president that won a democratic election."}
{"_id": "413642", "title": "", "text": "\"From the article: \"\"Because of complicated legal and financial constraints I (Abigail) am unable to withdraw my investment at this time...\"\"  BECAUSE:  \"\"*I still gonna make money off this cause it's HARD to separate this asset from my overloaded portfolio...stocks go up in value and then Yaaaa! Bonanza down the road WITH THE HIGHER STOCK VALUE... but hey, I still love those little snot-nosed children and the scrappy puppies they chase around in my park - yeah, my park as their deadbeat parents don't pay any taxes - of course I don't either, but my accountants can explain all my write-offs every year that gives me a \"\"No tax due\"\" notice and usually a refund!\"\"*\""}
{"_id": "413666", "title": "", "text": "I know a couple of actuaries who are now senior in insurance companies. The study is very hard but you are well rewarded at the end. Both are, I would say, extremely intelligent so it is not a thing to start on unless you are really going to enjoy advanced statistical analysis. If it is your thing, then fine."}
{"_id": "413672", "title": "", "text": "\"Hmm... Well there are several ways to do that: Go to any bank (or at the very least major ones). They can assist you with buying and/or selling stocks/shares of any company on the financial market. They keep your shares safe at the bank and take care of them. The downside is that they will calculate fees for every single thing they do with your money or shares or whatever. Go to any Financial broker/trader that deals with the stock market. Open an account and tell them to buy shares from company \"\"X\"\" and keep them. Meaning they won't trade with them if this is what you want. Do the same as point 2, but on your own. Find a suitable broker with decent transaction fees, open an account, find the company's stock code and purchase the stocks via the platform the broker uses.\""}
{"_id": "413676", "title": "", "text": "\"There was recently a Chinese temporary ban of crypto currency platform ICOs, followed by a bunch of fake news of crypto currencies being banned, then some uncertainty instilling official statements. China is improving regulation and oversight for crypto currency exchanges and ICOs. This was much needed, but in the short term people are freaking out and exclaiming that \"\"Bitcoin is banned\"\".\""}
{"_id": "413681", "title": "", "text": "You can have a way for people to pay, i.e. some kind of payment gateway. Run as Business: Best create a company and get the funds there. This would be treated as income of the website and would be taxed accordingly. One can deduct expenses for running the website, etc. Run as Charity: Register as one, however the cause should be considered as charitable one by the tax authorities. Only then the donations would be tax free."}
{"_id": "413690", "title": "", "text": "I'd say only look for business opportunities in areas where you have quite a lot of specific knowledge, or the ability to learn from someone who already has it.  Further, particularly in a saturated market like the one you describe, you need to have a clear idea of how you're going to be better than other players.  It's not enough to just want to do something to make money.  You need a solid plan and a solid angle on how you're going to be better than others.  If you don't have those things yet for what you're looking at, do more research until you do.  If you never get there, don't bother.  You're essentially saying you want to exploit arbitrage opportunities, which is a legitimate way to make a living, but it requires a LOT of market knowledge, because there are probably millions of people doing the exact same thing."}
{"_id": "413694", "title": "", "text": "\"The \"\"hire a pro\"\" is quite correct, if you are truly making this kind of money. That said, I believe in a certain amount of self-education so you don't follow a pro's advice blindly. First, I wrote an article that discussed Marginal Tax Rates, and it's worth understanding. It simply means that as your income rises past certain thresholds, the tax rate also will change a bit. You are on track to be in the top rate, 33%.  Next, Solo 401(k). You didn't ask about retirement accounts, but the combined situations of making this sum of money and just setting it aside, leads me to suggest this. Since you are both employer and employee, the Solo 401(k) limit is a combined $66,500. Seems like a lot, but if you are really on track to make $500K this year, that's just over 10% saved.   Then, whatever the pro recommends for your status, you'll still have some kind of Social Security obligation, as both employer and employee, so that's another 15% or so for the first $110K.  Last, some of the answers seemed to imply that you'll settle in April. Not quite. You are required to pay your tax through the year and if you wait until April to pay the tax along with your return, you will have a very unpleasant tax bill. (I mean it will have penalties for underpayment through the year.) This is to be avoided.  I offer this because often a pro will have a specialty and not go outside that focus. It's possible to find the guy that knows everything about setting you up as an LLC or Sole Proprietorship, yet doesn't have the 401(k) conversation.  Good luck, please let us know here how the Pro discussion goes for you.\""}
{"_id": "413713", "title": "", "text": "Through talking with the head of our finance department yesterday and a few BI guys, i think i'm gonna learn SQL and Python so I can then move on to something like Tableau with a strong base.   The company will pay for my training of it so I'm lucky with that. Do you have any specific ways you recommend I learn SQL/Python?   I know of CodeAcademy but haven't done too much other research."}
{"_id": "413722", "title": "", "text": "There are 2 credit unions in the Metro NY area that are open to everyone: You might also want to check out aSmarterChoice.org to see if there are other credit union options based on where you live, work, worship & more."}
{"_id": "413738", "title": "", "text": "&gt;[**\u041d\u043e\u0432\u044b\u0435 \u043a\u0440\u0430\u043d\u044b \u0438 \u043c\u0430\u0439\u043d\u0438\u043d\u0433! \u0420\u0430\u0437\u0434\u0435\u043b\u0435\u043d\u0438\u0435 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0447\u0430\u0441\u0442\u044c 2! \u0423\u0441\u0442\u0430\u043d\u043e\u0432\u043a\u0430 \u0411\u0438\u0442\u043a\u043e\u0438\u043d \u043a\u043e\u0448\u0435\u043b\u044c\u043a\u0430! \u0421\u043f\u0438\u0441\u043e\u043a \u043a\u0440\u0430\u043d\u043e\u0432 \u0441\u0430\u0442\u043e\u0448\u0438 [5:25]**](http://youtu.be/tf4uC9I-EoQ)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0412\u0435\u043a\u0442\u043e\u0440 ^\u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^4 ^views ^since ^Jul ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "413741", "title": "", "text": "\"While I'm sure you're right, I still think it's a fairly generous offer. Whole Foods is not the \"\"the only name in organic food\"\" anymore that made them what they are today. All kinds of shops want in on that action. I've heard rumblings from friends in Whole Foods management that numbers have been down and tension has been high. Of course, that was before. Perhaps a factor.\""}
{"_id": "413742", "title": "", "text": "\"That's weird, because I think of money managers as people who \"\"manage money\"\". Based on the history of the Medallion Fund, the fund seems to consistently turn money into \"\"more\"\" money, and rarely seems to turn it into \"\"less\"\" money, which seems to indicate that it's pretty good at \"\"managing\"\" the \"\"money\"\" that it's been entrusted with.\""}
{"_id": "413745", "title": "", "text": "The tight lending standards such as elimination of low-documentation and sub-prime mortgages and requirements for lower loan to value, contribute to keeping all but those with pristine credit and cash reserves out of the market.  Some might consider this good for long term stability in the market.    I just went through doing a 20% down mortgage plus had to have one year extra liquidity in reserve."}
{"_id": "413755", "title": "", "text": "\"Maybe. But if you think you can tell the difference between the parties on major policy issues, I'm impressed.  Party positions on the most important issues are awfully blurry these days.  Which party is for banking reform again? Which party is for foreign military intervention? Which party is cozy with big pharma? Which party represents the American working class? Etc.  Partisanship is the problem.   I'm a proud independent and I'll say it again: They're all crooks.   Saying who's \"\"worse\"\" is like a grade school argument.\""}
{"_id": "413791", "title": "", "text": "\"In theory, the trust admin (the trustee/custodian) should have filed the 1041 each year. The trust should have either (a) paid tax on any gains or (b) distributed the gains to her along with a nice Schedule K-1, showing that she had income from the trust and was responsible for the tax on that income. In effect, the trust took that distribution to her as a deduction against its own income, thus negating the need to pay tax at the trust rate. Yes, if under $600, it could retain the income and still pay no tax.  Now, when she gets this money, and it seems it's all being distributed by your choice of \"\"the money\"\" not \"\"some money\"\", it's not taxable, or at least shouldn't be. The corpus of a trust is already post tax money (unless of course, it's somehow pretax IRA or 401(k) money), which is not so common.\""}
{"_id": "413821", "title": "", "text": "&gt; quadriplegic   I'm going to go out on a limb here (ohhhh!) and say the money a newly made quadriplegic makes is in the range of zero to negative monies. I did mean discharge though, you are right, I shall leave my mistake for the world to know!  Undue hardship is what I was referring to in terms of student loans because I looked into it. It is almost impossible to meet the standard unless, as said, you stop making money (quadriplegic) or you die.   There's a third alternative which includes being a minimum wage teacher for two to six years in a slum-city high school but that's about as enticing as just leaving the country altogether."}
{"_id": "413832", "title": "", "text": "Cheapest is one thing.  You can absolutely shop in the market and find the lowest possible price.  I can think of three places to shop, each with an up and downside. I would think that what you really mean is the best price for the service.  Just like shopping for a car you have to decide what you need vs what is nice to have. Decide what features you need.  Do you need long distance?  Do you need caller id?  Do you need to call technophobic friends and family? Find out what you have available to you through associations.  Often schools, work or a club you belong to have deals for service discounts.  Look at your insurance plan or AAA membership for the crazy discounts. Decide what kinds of service will meet your needs. Buy the cheapest service. DO NOT ENTER A CONTRACT.  Even if the price is slightly lower.  At least not at first.  If you try out your service and love it, enter the contract if and only if the total price measured over length of the contract is less.  With cell phones especially, it is absolutely possible to save money buying month to month vs a 2 year contract.  Even when you buy equipment for full price up front. Ask for the bare minimum service from your local phone company. Because phone companies are often regulated monopolies, they might have a bare minimum level of service they are required to offer by the municipality.  They probably don't advertise it or push it, but it might exist if you call and ask.  You basically get a dial tone. http://www.fcc.gov/guides/local-local-toll-and-long-distance-calling Price is dictated by a government board, so you don't have to worry about shopping for deals Not the cheapest possible solution This is popular plan the youth oriented market, but more and more people of all demographics are using their cellphones only.  There are downsides (911, etc) and shopping for the best cell phone plan can be a full time job, but it does offer a way to save money by simply not having home phone service. Might be possible to score organizational discounts through work or groups you belong to Cellphones require batteries, and can go dead (not good for emergencies) Voice over Internet Protocol uses your existing Internet connection.  You can buy a cheap regular phone and plug it into the VOIP box and use it like any other phone.  VOIP can either be very inexpensive for all the features you get, or just plain inexpensive.  There are providers who sell a monthly service, yearly service or no service plan at all. (You buy a device and get service as long as you own the device.)  Taxes to the government are always due, so nothing is ever free. Sometimes the provider is just computer software, so a minimalist would like that. Emergency services are more reliable than cellular (if you follow extra steps to set them up) Can be confusing to buy.  Some require contracts, some special devices, some require a bit of technical know how to setup.  Be sure to evaluate the total cost of ownership when comparing prices"}
{"_id": "413845", "title": "", "text": "\"You.... You can't actually think the stupid things you're saying, right?  I can't believe that someone subbed to r/economy could have such a false view of how an economy works. You have to be trolling. \"\"Taxes are theft\"\"??? Seriously??\""}
{"_id": "413856", "title": "", "text": "In terms of building the initial investment using some kind of mutual fund, I'd suggest you see my answer to this similar question https://money.stackexchange.com/questions/9943/cheapest-or-free-online-broker-for-beginner For buying individual stocks later, you could look at sharebuilder, or a low cost broker, however most of them charge between $5-$7 per trade, and if you are doing small dollar value trades then that can really really eat into things if you try to trade a lot."}
{"_id": "413861", "title": "", "text": "I remember the last time I was in a Sears. It was 3 years ago near La Jolla. I needed a bungee cord, and figured it was a good bet that Sears of all places would have one.   I looked for 10 minutes, couldn't find one, couldn't find an employee to help, finally just asked a cashier who told me the sporting goods store next door had them.   And that was the last time I went to Sears."}
{"_id": "413879", "title": "", "text": "All the existing answers are right and the general theme is: contracting is a different kind of relationship. It's a business-to-business relationship rather than a business-to-employee relationship. This has implications such as: Of course, some contractors are effectively just over-paid employees, and some of the above points don't apply to them, but that's the idea behind bona fide contracting."}
{"_id": "413885", "title": "", "text": "\"Which clearly is a dangerously increasing amount of people. Who in turn can't afford to keep up the habit and turn to the cheaper version.   Edit: it's clearly not \"\"ALL\"\", but there's an overarching trend. Good luck with your pain management if that is the issue.\""}
{"_id": "413892", "title": "", "text": "Who exactly? He middle class would see there purchasing be reduced broadly by further layoffs if the economy isn't stimulates. Mild inflation (which is close to the unspoken 2%) is making he harms more broadly shred and therefore more sustainably.   In addition the low rates for real estate and other loans allows hose with good credit to refinance and thus delever themselves. I'm not trying to say oeoe aren't losing but I see compelling reasons to make them suffer the way they so under QE  Types on smartphone apologies for the typos"}
{"_id": "413899", "title": "", "text": "On July 20, when you posted this question, AAPL was trading almost at 115.  The market charges an extra premium for buying an option that is in the money (or on the money like this case) over one that is out of the money.  In order for the 130 Call to be worth something the market has to go up 15 points. Otherwise you lose 100% of your premium. On the other hand with the 115 every point that the market goes up means that you recover some of that premium. It is much more likely that you recover part of your premium with the 115 than with the 130.  With the higher probability of losing part of the premium, the sellers are going to be reluctant to write the option unless they receive larger compensation."}
{"_id": "413924", "title": "", "text": "I could be wrong but by acquisition all it does is kill competition that a company faces. By killing competition is it explicitly implied that they reduce innovation within the company? If they aren't faced against competition they aren't forced to compete and innovate. But is this always the case? Is there any reason why these companies would invest in R&amp;D after their acquisitions? Also what would this mean for the consumer, by acquisitions and reduced competitions we we as consumers have no choice but to pay up whatever they charge. I wonder if governmental agencies would place a cap on the prices they charge?"}
{"_id": "413934", "title": "", "text": "Employment is being affected by rising productivity, something that has nothing to do with the ACA.   Prices are rising because the Obama Administration is a [foe of price controls on drugs](http://citizen.typepad.com/eyesontrade/2013/11/38-million-retirees-say-no-to-a-trade-deal-that-would-make-medicine-more-expensive.html) globally, not just in the USA. In other words, despite the fact that all the trade agreements work both ways, hurting Americans again and again, the Obama Administration is pushing to have drug prices *increased* globally.  The ACA provides a convenient cover story for employers wanting to downsize for other reasons. (technology making it possible to operate with fewer workers)"}
{"_id": "413935", "title": "", "text": "Thank you for your generous, constructive and insightful comment, though I'm still interested in a detail, that I somehow missed - so allow me to assume, it's because of my limited capacity for comprehension, not because you haven't put enough labor and though into your essay, - but of which words do you think that they logically oppose each other?"}
{"_id": "413938", "title": "", "text": "&gt; the gov'ts take care of that  Which makes it free, of course.  Oh, no, it doesn't.  &gt; http://en.wikipedia.org/wiki/Pensions_in_Germany  &gt; 1st pillar: mandatory State Pension Insurance (gesetzliche Rentenversicherung). This part of the basic social security system. All employees and employers pay a percentage of salaries into this system.  So, basically, company has to spend $X on employee's compensation, but employee gets $X-$Y in hands, where $Y goes into taxes, pension funding and so on.  It DOES NOT MATTER for a corporation whether that $Y goes into a private pension fund or is paid to government, it only cares about amount $X."}
{"_id": "413943", "title": "", "text": "I think the reputation Silicon Valley has will help it maintain it's position. The sheer number of talented individuals already there draws people from around the world; sending money overseas is unnecessary. I honestly don't believe that other countries have pockets of un-tapped talent, because anyone smart enough to have great ideas will go to Silicon Valley. Only an opinion."}
{"_id": "413951", "title": "", "text": "very interesting..  I deal with speculation all day every day, I wish there was a dependable method to determine what actually happens in these possibly nefarious and possibly innocent events.    I believe that Sadam Hussain and Momar Quadafi were deposed/eliminated because they both traded oil for currencies other than dollars."}
{"_id": "413955", "title": "", "text": "To add to @michael's solid answer, I would suggest sitting down and analyzing what your priorities are about paying off the student loan debt versus investing that money immediately. (Regardless, the first thing you should do is, as michael suggested, pay off the credit card debt) Since it looks like you will be having some new expenses coming up soon (rent, possibly a new car), as part of that prioritization you should calculate what your rent (and associated bills) will cost you on a monthly basis (including saving a bit each month!) and see if you can afford to pay everything without incurring new debt. I'd recommend trying to come up with several scenarios to see how cheaply you can live (roommates, maybe you can figure out a way to go without a car, etc).  If, for whatever reason, you find you can't afford everything, then I would suggest taking a portion of your inheritance to at least pay off enough of your student loans so that you can afford all of your costs per month, and then save or invest the rest. (You can invest all you like, but if you don't live within your means, it won't do you any good.) Finally -- be aware that you may have other factors that come into play that may override financial considerations. I found myself in a situation similar to yours, and in my case, I chose to pay off my debts, not because it necessarily made the best financial sense, but that because of those other considerations, paying off that debt meant I had a significant level of stress removed from my life, and a lot more peace of mind."}
{"_id": "413966", "title": "", "text": "I took two of their online classes, attended an on campus case discussion, and attended a discussion between two professors on the future of capitalism.  What's being taught and talked about at HBS in the past year that I've been a student has been focused on using business and the economy to serve humanity. At the end of the disscusion one professor suggested getting rid of income taxes and replacing it with a financial transaction tax. A sales tax on financial instruments not targeted at long term investments but at high frequency trading."}
{"_id": "413967", "title": "", "text": "In a free market, supply and demand control the equilibrium point of a commodity. Price is one of the variables that moderates demand.  But the problem is - 'employment' isn't a free market - you cannot freely decide not to accept a job, because you need _some_ income to live.   The wage of an employee - especially at the 'unskilled' tier - is much more about availability of workers vs. jobs. And better yet, those jobs can be subdivided into shifts, and so you can employ _more people_ for _less hours_ or vice versa.   The employer therefore has a lot of control over effective wages as a result, and it's only tenuously connected to the 'free market' of the value of service of a burger.   So I'd guess the 'market value' would steadily drop to 'about the cost of living in the local area' - maybe a little below even, because you can still employ people who are partially subsidised by family. And further still, you can have people subsidising _themselves_ by working additional hours.   So I reckon you'd get equilibrium at 'about' 90% of local cost of living, if you work an 80 hour week."}
{"_id": "413976", "title": "", "text": "\"All very good answers for the most part, but I have a definition for Good and Bad debt which is a little bit different from those mentioned here so far. The definitions come from Robert Kiyosaki in his book \"\"Rich Dad Poor Dad\"\", which I have applied to all my debts. Good Debt - Good Debt is debt used to fund a money making asset, an asset which puts money into your pockets (or bank account) each month. In other words the income produced by that asset is more than all the expenses (including the interest repayments on the debt) associated with the asset. Bad Debt - Bad Debt is debt used to fund both money losing assets and non-assets, where the interest repayments on the debt are more than any income (if any at all) produced by the goods or services the debt was used to purchase, so that you need to take money out of your pockets (or bank account) each month to sustain the debt. Based on this definition a mortgage used to purchase the house you live in would be classed as bad debt. Why? Because you are making interest repayments on the mortgage and you have other expenses related to the house like rates and maintenance, but you have no income being produced by the house. Even a mortgage on an investment (or rental) property where the rent is not enough to cover all the expenses is considered to be bad debt. For the debt on an investment property to be considered as good debt, the rent would have to cover the full interest payments and all other expenses. In other words it would need to be a positively geared (or a cashflow positive) asset. Why is this definition important in distinguishing between good and bad debt? Because it looks at the cashflow associated with the debt and not the profit. The main reason why most investors and businesses end up selling up or closing down is due to insufficient cashflow. It may be a profitable business, or the value of the property may have increased since you bought it, but if you don't have enough cash every month to pay the bills associated with the asset you will need to sell it. If the asset produces enough cashflow to pay for all the expenses associated with the asset, then you don't have to fund the asset through other sources of income or savings. This is important in two ways. Firstly, if you are working and suddenly lose your job you don't have to worry about paying for the asset as it is more than paying for itself. Secondly, if you don't have to dig into your other source/s of income or savings to sustain the asset, then theoretically you can buy an unlimited number of similar type assets. Just a note regarding the mortgage to buy a house you live in being classed as bad debt. Even though in this definition it is considered as bad debt, there are usually other factors which still can make this kind of debt worthwhile. Firstly, you have to live somehere, and the fact that you have to live somwhere means that if you did not buy the house you would probably be renting instead, and still be stuck with a similar monthly payment. Secondly, the house will still appreciate over the long term so in the end you will end up with an asset compared to nothing if you were renting. Just another note to mention the definition provided by John Stern \"\"...debt is a technology that allows borrower to bring forward their spending; it's a financial time machine...\"\", that's a clever way to think of it, especially when it comes to good debt.\""}
{"_id": "413999", "title": "", "text": "Look outside those specific fields in finance to get exp. Custodial banking, back office stuff. Gov't jobs take a while sometimes because of the bureaucracy, and are sometimes much easier with networking connections and exp. rather than fresh out of college. Look at temp jobs that transition to full time roles as well."}
{"_id": "414036", "title": "", "text": "\"During market hours, there are a lot of dealers offering to buy and sell all exchange traded stocks. Dealers don't actually care about the company's fundamentals and they set their prices purely based on order flow. If more people start to buy than sell, the dealer notices his inventory going down and starts upping the price (both his bid and ask). There are also traders who may not be \"\"dealers\"\", but are willing to sell if the price goes high enough or buy if the price goes low enough. This keeps the prices humming along smoothly. During normal trading hours, if you buy something and turn around and sell it two minutes later, you'll probably be losing a couple cents per share. Outside normal market hours, the dealers who continue to have a bid and ask listed know that they don't have access to good price information --  there isn't a liquid market of continuous buying and selling for the dealer to set prices he considers safe. So what does he do? He widens the spread. He doesn't know what the market will open tomorrow at and doesn't know if he'll be able to react quickly to news. So instead of bidding $34.48 and offering at $34.52, he'll move that out to $33 and $36. The dealer still makes money sometimes off this because maybe some trader realized that he has options expiring tomorrow, or a short position that he's going to get a margin call on, or some kind of event that pretty much forces him to trade. Or maybe he's just panicking and overreacting to some news. So why not trade after hours? Because there's no liquidity, and trading when there's no liquidity costs you a lot.\""}
{"_id": "414046", "title": "", "text": "For iPhone: iExpenseIt"}
{"_id": "414057", "title": "", "text": "Is this true?  Damn, I was just thinking how I need to go get a set of craftsman wrenches because the made in China junk I bought from Home Depot _bent_ the first time I used them.  What is good now?"}
{"_id": "414062", "title": "", "text": "\"Excellent question.  I'm not aware of one. I was going to say \"\"go visit some personal finance blogs\"\" but then I remembered that I write on one, and that I often get a commission if I talk about online accounts, so unless something is really bad I'm not going to post on it because I want to make money, not chase it away. This isn't to say that I'm biased by commissions, but among a bunch of online banks paying pretty much the same (crappy) interest rate and giving pretty much the same (often not crappy) service, I'm going to give air time to the ones that pay the best commissions.  That, and some of the affiliate programs would kick me out if I trashed them on my blog. This also would taint any site, blog or not, that does not explicitly say that they do not have affiliate relationships with the banks they review. I suppose if you read enough blogs you can figure out the bad ones by their absence, but that takes a lot of time.  Seems like you'd do all right by doing a \"\"--bank name-- sucks\"\" Google search to dig up the dirt. That, or call up / e-mail / post on their forum any questions you have about their services before sending them your money.  If they're up front, they'll answer you.\""}
{"_id": "414080", "title": "", "text": "\"Yes, I apologize. When I say \"\"nobody wants that\"\" I mean \"\"no body with any power or hope of power wants that except for a ridiculous fringe minority; and the reason you hear about them is to get their voice amplified by the NRA and gun manufacturer's, who need that fear to sell guns to rubes\"\".   PS, you're the rube.\""}
{"_id": "414087", "title": "", "text": "/u/BexsM, I think your theory is spot on and you're right about how public and private debt could be correlated.  I just believe that I am older and quite a bit more cynical/jaded so I think how things should work and how they actually do are miles apart."}
{"_id": "414088", "title": "", "text": "Can someone please explain how traders and investors use this price difference to trade? People use the price difference for small arbitrage between the futures and spot markets, where the larger spreads are reflected in the options markets. The spread in the options market dictates the VIX which many investors also use in their decision making process.  And most importantly how the futures market affects subsequent moves in the stock market? The futures market effects the stock market where large contract holders move the entire futures price. This causes reactionary moves amongst all of the aforementioned arbitragers, who are hedged between the futures and spot markets. With the /ES this is reflected down to actual individual stocks based on their weightings in the S&P 500 index. Many of those stocks have smaller companies that are also linked to them, such as a widget manufacturer for a gigantic ACME corporation listed in the S&P 500."}
{"_id": "414091", "title": "", "text": "If you have a software company, that can produce a box of software for $5, but the box sells for $100. (You have to make a profit and cover development costs) But then you give these boxes to charity, that is a cost of $5 each and a tax rebate of $100 x 40% = $40. A profit of $35 per donation of $5.  Note: You can only do this if you have taxable profit to offset it against."}
{"_id": "414116", "title": "", "text": "Is there a reason you are focusing on stocks? A portfolio of $4,000 in stocks alone will not give you much diversification, and buying $40 of 100 stocks will not have enough impact to grow your portfolio in the way it sounds like you would like it to.  Have you considered using ETFs?"}
{"_id": "414124", "title": "", "text": "10% seems to be a little bit too optimistic, but 5%-8% annually on average is doable. 1% is way too little, you're doing something wrong, unless you mean real return (i.e.: after adjustment for inflation), and even then it's not too high. At any given year it may be easy or difficult, but the point is that we're talking about long term averages. For example, if you look at the DJI for the last 30 years, you'll see a rise of 1300% (give or take), which annually is ~40%. In the last 3 years the rise is even steeper, but in the last week - it is negative. So it depends on your time line and the way you manage your investments. You've got to balance between stocks and bonds and cash, but even if you park your money in cash you can get more than 1% right now (Capitol One on-line savings is 1.15%), and that's with the lowest rates ever, so getting 1% over time does mean that you're doing something wrong IMHO."}
{"_id": "414146", "title": "", "text": "Yeah, that's no typo. I could've spelled that name when I was 13, and anybody who's ever laid their hands on a finance book should be able to spell it, let alone somebody who claims to actually work there and to have traded millions on their behalf."}
{"_id": "414150", "title": "", "text": "Wait, your dream internship is to do it an an insurance company? Seriously? Were all the internships with with debt collection agencies and waste management companies taken? Yes, I'm fucking with you.  Anyhoo, to answer your question, and although it's been a really, really long time since I had to bother with an interview, my advice is this: get a good night's sleep the night before and don't sweat it. Appear interested in the company without kissing ass and stay relaxed (not feet on the interviewer's desk relaxed) and focused.  One last thing: since this is your first time wearing a suit, wear it on and off during the days before the interview so it doesn't look like you just stepped out of the store without having ever worn one. It will also help you relax by not focusing on how you dress.  In the end, if you fuck it up, it's not the end of the world, it's just an interview."}
{"_id": "414161", "title": "", "text": "&gt;Killing the hive does not kill the bee. Ask any bee keeper.  Yes, it does.  &gt;My 95 year old mother could not survive alone.   Your 95 year old mother will not survive for long regardless. And it is highly doubtful that she really contributes much of anything to society anymore.  &gt;My two sons were several years old before they could survive for short periods on their own.  Oh, they probably could. Very young children have been known to survive (and even thrive) throughout history."}
{"_id": "414170", "title": "", "text": "JohnFx is right: banks hate visits and attention from the regulator (both positive and negative). I would not threaten to file, just file away and let them get in contact with you. The local branch is stalling you. Do not play their game. Since you already went through the first level of support (local branch, phone support), get the bank ombudsman contact and file a complain. It is a major bank, most of the time getting a high level complain will be routed from the upside down through their structure, and hit them. Remember I said they are stalling you? Probably something went wrong, and they are buying time to try and fix it. Also it is worth noting that the ombudsman is usually a line of support above the phone customer support. If going through the ombudsman does not work and/or if you are not willing to wait anymore, file a complain with the government central bank, or similiar institution (trying to be broad here, even if you tagged USA - JohnFx has the link in his answer for the USA's regulator). You can even file a small claims lawsuit, though I do not know the cost of doing it in the USA (in my country small claims court is free for private citizens). Do not report your money as stolen; banks are bureaucratic institutions by nature, and they can silver tongue out of this claim."}
{"_id": "414172", "title": "", "text": "(12 * 100) * 1.01 = 1212 Assuming the $12 ask can absorb your whole 100 share order."}
{"_id": "414188", "title": "", "text": "FYI...prices don't always go up.  Inflation is a monetary phenomenon.  I'm simplifying greatly here: if more money is printed (or the money supply increases through fractional reserve banking) and it is chasing the same amount of goods then prices will go up.  Conversely, if money is held constant and the economy becomes more productive, producing more goods, then a constant amount of money is chasing an increasing amount of goods and prices go down. After the Civil War the greenback went back to being on a gold standard in 1879.  After 1879 greenbacks could be redeemed for gold.  Gold restricts money growth since it is difficult to obtain. Here are the price and wage indexes from 1869 - 1889 (from here):  Notice from 1879 to 1889 that wholesale and consumer prices fall but wages start to increase.  Imagine your salary staying the same (or even increasing) but the prices of items falling. Still don't think inflation is a monetary phenomenon?  Here is a CPI chart from 1800 to 2007:  Notice how the curve starts to go drastically up around 1970.  What happen then?  The US dollar went off the gold-exchange standard and the US dollar became a purely fiat currency backed by nothing but government decree which allows the Federal Reserve to print money ad nauseum."}
{"_id": "414189", "title": "", "text": "Obviously, these numbers can never be absolute simply because not all the information is public. Any statistic will most likely be biased. I can tell you the following from my own experience that might get you closer in your answer: Hence, even though I cannot give you exact numbers, I fully agree that traders cannot beat the index long term. If you add the invested time and effort that is necessary to follow an active strategy, then the equation looks even worse.  Mind you, active trading and active asset allocation (AAA) are two very different things. AAA can have a significant impact on your portfolio performance."}
{"_id": "414192", "title": "", "text": "I like how in the US you have the biggest houses, the biggest cars, the biggest incomes (yes you still do compared to europe..), , the lowest unemployment, the lowest cost consumer goods in pretty much every category ofconsumer goods, yet you still find a reason to complain about collusion and monopolies"}
{"_id": "414199", "title": "", "text": "\"Dictionary clarifies http://www.oxforddictionaries.com/definition/english/be-in-credit Definition of be in credit:   (Of an account) have money in it:   \"\"your statement shows your account to be in credit\"\" And http://www.oxforddictionaries.com/definition/english/be-in-debit?q=in+debit Definition of be in debit:   (Of an account) show a net balance of money owed to others: \"\"the account is only 120 francs in debit\"\"  The word 'debit' contains the letters 'debt' if it helps remember. I agree the website is confusing.\""}
{"_id": "414205", "title": "", "text": "\"they said the expected returns from the stock market are around 7-9%(ish).  (emphasis added) The key word in your quote is expected.  On average \"\"the market\"\" gains in the 7-9% range (more if you reinvest dividends), but there's a great deal of risk too, meaning that in any given year the market could be down 20% or be  up 30%. Your student loan, on the other hand, is risk free.  You are guaranteed to pay (lose) 4% a year in interest.  You can't directly compare the expected return of a risk-free asset with the expected return of a risky asset.  You can compare the risks of two assets with equal expected returns, and the expected returns of assets with equal risks, but you can't directly compare returns of assets with different risks.  So in two years, you might be better off if you had invested the money versus paying the loan, or you might be much worse off.  In ten years, your chances of coming out ahead are better, but still not guaranteed. What's confusing is I've heard that if you're investing, you should be investing in both stocks and bonds (since I'm young I wouldn't want to put much in bonds, though). So how would that factor in?  Bonds have lower risk (uncertainty) than stocks, but lower expected returns.  If you invest in both, your overall risk is lower, since sometimes (not always) the gain in stocks are offset by losses in bonds).  So there is value in diversifying, since you can get better expected returns from a diversified portfolio than from a single asset with a comparable amount of risk.  However, there it no risk-free asset that will have a better return than what you're paying in student loan interest.\""}
{"_id": "414208", "title": "", "text": "I have a lot of tools from Sears, some of which I've had for 40 years and they still give good service. Sears tools and home appliances are reliably excellent quality at a good price.  I buy a lot from Amazon, but the tools are of erratic quality. Walmart tools are not much better than toys."}
{"_id": "414215", "title": "", "text": "\"From the Times A Reader Q.&A. on G.M.\u2019s Bankruptcy Q. I own G.M. preferred shares. Should I be looking to sell them, or   hold on? I bought them at $25 a share when they were issued in late   2001. \u2014 Karen, Manhattan A. When a company files for bankruptcy, its various stock and   bondholders essentially get in line. The first investors to be repaid   are secured debt holders, then senior bond investors, followed by   subordinated debt holders. Preferred shareholders are next, and   lastly, holders of common stock. In a bankruptcy, preferred shares are usually worthless, much like   shares of common stock. But in the case of G.M., there may be some   good \u2014 or at least somewhat better \u2014 news. Most of G.M.\u2019s preferred   shares are actually senior notes or \u201cquarterly interest bonds,\u201d which   means you will be treated as a bondholder, according to Marilyn Cohen,   president of Envision Capital Management. So you will be able to   exchange your preferreds for G.M. stock (bondholders will receive 10   percent of the new company\u2019s stock). It\u2019s not the best deal, but it   beats the empty bag true preferred shareholders would have been left   holding. Of course this is just one example, and you were hoping to get some larger picture. The article stated \"\"In a bankruptcy, preferred shares are usually worthless, much like shares of common stock\"\" which at least is a bit closer to that, if you accept usually as a statistic.\""}
{"_id": "414219", "title": "", "text": ""}
{"_id": "414238", "title": "", "text": "There are a few ideas:  1. Basic income allows consumers to keep spending.   2. Consumers spend money saved through new tech, at things that require lots of human labor.  3. The government pays business to take care of people.    4. Maybe businesses will be a new kind of entity , one that doesn't seek to make money, something new we'll think about. Maybe something like today's non-profits.   5. If consumers got $1B in salaries from businesses, and spent $1B in salaries at businesses, did businesses get anything from consumers ? maybe the money is just a fiction ,and we'll find some other fiction ?"}
{"_id": "414246", "title": "", "text": "Just because I'd like to see an answer too, consider posting in /r/financialcareers as you're more likely to get a response.  I think the general advice is that you should complete at least your undergrad degree, skipping out on it (especially in a quant position) could really limit your options later. Don't take my word for it though."}
{"_id": "414255", "title": "", "text": "&gt; Back in 1957, these high school students were asked to list three people they considered their closest friends. Those who had their names written down the most were deemed the most popular: They\u2019re the ones that many people consider close friends.  Seems to me that those considered popular by the study might not match with the people perceived as popular. What the study really says is that people who make good friends are more likely to succeed than people who don't connect well with others."}
{"_id": "414260", "title": "", "text": "If you're willing to use OFX or QIF files, most Canadian banks can spit output more data than 90 days. The files are typically used to import into Quicken-like local programs, but can be easily parsed for your webapp, I imagine."}
{"_id": "414267", "title": "", "text": "Nothing has changed. I work with many 20 somethings and over the past five years none of them opted into the company health care and when I have talked with 30 somethings they stated that they took the same approach 10 years ago.  It wasn't until they started to experience physical issues (due to growing older) and starting a family did they buy into health care.  This is just another PR in the never ending pieces floating around the media these days.  No fact checking."}
{"_id": "414272", "title": "", "text": "Interesting, that makes some sense.  With Planet Fitness, my understanding is that their cost structure is slanted towards fixed costs. Whether their members come to the gym or not doesn't matter; they still have to pay rent, labor, utilities, buy equipment, etc. Those costs don't change much if people subscribe and don't show up vs. subscribe and do show up.  Moviepass seems to be almost entirely variable; their costs are buying movie tickets when people order. They would love it if people signed up and never used it, but unlike PF if people DID use it they'd be completely screwed.  It's a risky plan, but it just might work as long as people don't figure out a way to game the system (or, you know, turn out to be movie buffs)."}
{"_id": "414284", "title": "", "text": "\"In general, following the W-4 instructions should result in withholdings that are fairly close to the amount of taxes that you will owe for the year, particularly if your situation is relatively uncomplicated. Claiming less withholdings than the form suggests can help ensure that you end up saving money in your \"\"interest-free IRS savings account\"\" and get a refund at the end of the year, which some people prefer so they don't need to budget separately for a tax payment. I'm guessing that the HR employee either prefers doing so himself or has on occasion received complaints from other employees that they \"\"didn't take enough out\"\". Personally, I'd prefer to claim as many withholdings as I can, and be sure to have some money aside in case it turns out that I have to owe a little bit, since it means I get more take-home pay throughout the year. It's good to keep in mind that a W-4 isn't written in stone. If it turns out that too much or too little is being taken out, you can always change it. You can also try playing around with the IRS withholding calculator to try some scenarios.\""}
{"_id": "414288", "title": "", "text": "Congratulations for achieving an important step in the road to financial freedom. Some view extending loan payment of loans that allow the deduction of interest as a good thing. Some view the hit on the credit score by prematurely paying off an installment loan as a bad thing.  Determining the order of paying off multiple loans in conjunction with the reality of income, required monthly living expense, and the need to save for emergencies is highly individualized.  Keeping an artificial debt seems to make little sense, it is an expensive insurance policy to chase a diminishing tax benefit and boost to a credit score. Keep in mind it is a deduction, not a credit, so how much you save depends on your tax bracket.  It might make sense for somebody to extend the loan out for an extra year or two, but you can't just assume that that advice applies in your situation. Personally I paid off my student loan early, as soon as it made sense based on my income, and my situation. I am glad I did, but for others the opposite made more sense."}
{"_id": "414295", "title": "", "text": "I won't add to the timelines, as I agree or don't care but my two cents are"}
{"_id": "414300", "title": "", "text": "\"&gt; There are more types of ads than banner ads you see in the margins of websites, and they can't be blocked by ad blockers. Its a huge industry, saying it's going to die is pretty naive.  It's difficult to formulate a polite response, my message inbox is flooded with people who obviously have no idea what they're talking about, telling me about how my ad blockers aren't blocking the ads which I know they are blocking. And this account is new which means I can't respond to everyone without waiting unreasonable numbers of minutes.. so I want to make one response that's really good instead.  I am willing to bet that I have more knowledge and experience with the internet, technology, and computers than everyone in this thread combined. So you go on thinking I'm naive or whatever, but really you are the naive one for underestimating my expertise on the subject.  I am absolutely aware of what sort of ads are blocked by my ad blockers and what sorts arent. I belong to the class of people who taught you all how to use this stuff. All of the advertising that Google and Facebook use for their revenue is blocked. When you pay for ads on reddit, I don't see those. When you pay for adwords links on search engines, I don't see those. When you pay for video ads on youtube content, I don't see those. The only things that get through are things which cannot be detected such as spam posts posing as real content. But because I am a smart person I am capable of recognizing when an article is trying to sell me something. That is what you are getting at, unless you're completely wrong and just being stupid, but I'm giving you the benefit of the doubt. And while that tangent is true, it's irrelevant to the meat of the conversation, which is that the traditional methods of advertising, things like pay per click and number of impressions, things like adwords and facebook's \"\"boosted posts\"\", all of that is going away. If you rely on those things for your revenue stream you better start looking for other sources of income today because in a few years those streams will be completely dried up.  You can listen to me, because I am an expert on this technology and this culture which I have been using for 26 years, or you can convince yourself that you know better even tho we both know you do not. I don't know why it hurts your pride to get advice from someone who knows better than you, but that's my guess at why you and others are so defensive about this particular subject, that and because it's your bread and butter. I'm warning you, NOW is the time to look for other income generators, not 5 years from now when the entire advertising model is dead. (5 years is a guess, it could be sooner, it could be later, it will be.)  I suspect you're also afraid that you won't be able to find a new revenue model, but I think that fear is unfounded. People are creative, and have been inventing new ways to make money since money was invented. I'm telling you now is the time to do that, you should be thanking me.\""}
{"_id": "414325", "title": "", "text": "You can average the betas across the different cross listings.  EX:   Exchange 1 - Beta .8  Exchange 2 - Beta .6  Exchange 3 - Beta .7  (.8 + .6 + .7) / 3 =  avg Beta .7  You can do simple average as based above or you can do a weighted average and take into account other factors."}
{"_id": "414335", "title": "", "text": "A few months ago, I met with the founder of Wealthsimple. As someone with higher than average about both trading and investing, I asked him whether his funds would be able to add more value to my Couch Potato portfolio not in terms of returns but rather in terms of management fees. I also asked him this: if I wish to have a portfolio that has a specific % allocation towards emerging markets, would I be able to do so with Wealthsimple. The answer to both of the above questions was that I'd be better off investing by myself. I'd venture a guess and say that most people on SE Money wouldn't require a service such as Wealthsimple."}
{"_id": "414344", "title": "", "text": "Uhh, why would amazon raise prices? Their divisions Already make a profit. They are using divisional profit to launch other divisions. There will be areas where it fluctuates, but this isn\u2019t a loss-leader strategy nor are they burning through VC money trying to get a good strategy off the ground.   This is the strategy. This is the business. And it\u2019s working."}
{"_id": "414360", "title": "", "text": "My corner of the plant looks like a run down slum of cube spaces.  Our stairs aren't even remotely close to up to code.  We call the bathroom the shit hole.  It honestly looks like someone abandoned this part of the building and high school kids have been trashing it for years.  We keep getting assured that we're on the schedule to have things renovated in 2014.  Or was it 2015...  The management areas (they don't entertain customers any more than we do) have pristine and new and very nice."}
{"_id": "414363", "title": "", "text": "Financial Literacy is about learning about finance and money and how to use and manage them to give you better outcomes in life. Just like the more books you read and the more writing you do will improve your literacy, the more financial books you read, the more questions you ask and the more you participate in this forum and others like it, the more you will improve your financial literacy.  The more financial literate you are the more you will be able to make informed decisions regarding your finances and the more you will be able to avoid financial scams."}
{"_id": "414381", "title": "", "text": "I work on the robots too. I'm who you call when they stop working. Unless they can fix themselves, at which point they will be able to learn and adapt and then they can design the next generation, at which point you will be obsolete as well!   j/k of course, I hope."}
{"_id": "414387", "title": "", "text": "No, they won't cancel it because you pay your card on time.  When a company offers a promotion like that they are banking on making money on average, not in every case.  On average including all the benefits including transaction fees, deals for partnering with best buy, etc.  Of course some people pay their credit card in full each month and never incur interest charges.  However, credit card companies more than cover that with other people who aren't responsible.  If it wasn't worth while they would end the card program or change it."}
{"_id": "414394", "title": "", "text": "There are two different tax returns you'll be doing: one is for her, until the day of her death. The other is for the estate. The personal one you could probably do on your own, it's nothing different from the one for a living person, except for the cut-off date in the middle of the year. The estate tax return may be a bit more nuanced, since it is a trust return and not an individual return, and is done under a different set of rules. I'd suggest talking to a tax professional who'd help you. Your estate executioner should be doing the estate tax return (or hiring someone to do it). Sorry for your loss."}
{"_id": "414405", "title": "", "text": "\"Most people are aware of the existence of merchant processing fees. If this really bothers anyone:  * Get a rewards credit card * Pay the bill off in full every month * Redeem your points for cash back   You've now recovered a good portion of the fees back and have still had the convenience of not carrying cash and all of the other random \"\"benefits\"\" (extended warranty, travel protection, etc) cards carry these days.   Some of the programs with 5% cash back will put more back in your pocket than what the fees are since they generally run around 2-4%.\""}
{"_id": "414410", "title": "", "text": "even in today's society, there are many who want to work, but cannot. as automation continues, this trend will grow. the reason we need universal basic income is to protect those not in the inner circles of workers. It will let the economy continue to sell them food, shelter, ect..  the most recent professional estimate I read showed full automation was 125 years away. that means 125 years until no employment whatsoever. it may be some decades until we have to seriously look at this, but it is on the horizon. we, as a society, are transitioning away from the industrial model where we needed everyone to work."}
{"_id": "414426", "title": "", "text": "We are providing lab testing equipment and special purpose machine equipments, specialized in auto parts, textile equipments testing, Lab equipments, leak testing machine, visibility due to smoke, oxygen index tester, Lab oven, rain test Chamber,  deep Freezer,  tensile testing machine,  textile testing equipments, muffle furnace,  specific gravity, crush tester, flex tester, celebrity management agency, artists management, events company, events management, events agency, events management company, ad films productions houses in india, advertising films productions"}
{"_id": "414429", "title": "", "text": "\"Uniform Transfer to Minors Act (UTMA) and Uniform Gift to Minors Act (UGMA) accounts in the United States are accounts that belong to your child, but you can deposit money into.  When the child attains his/her majority, the money becomes theirs to spend however they wish.  Prior to attaining their majority, a custodian must sign off on withdrawals.  Now, they are not foolproof; legally, you can withdraw money if it is spent on the child's behalf, so that can be gamed.  What you can do to protect against that is to make another person the custodian (or, perhaps make them joint custodians with yourself, requiring both signatures for withdrawals). UTMA/UGMA accounts do not have to be bank savings accounts; for example, both of my children have accounts at Vanguard which are effectively their college savings accounts.  They're invested in various ETFs and similar kinds of investments; you're welcome to choose from a wide variety of options depending on risk tolerance.  Typically these accounts have relatively small fees, particularly if you have a reasonable minimum balance (I think USD$10k is a common minimum for avoiding larger fees). If you are looking for something even more secure than a UGMA or UTMA account, you can set up a trust.  These have several major differences over the UGMA/UTMA accounts: Some of course consider the second point an advantage, some a disadvantage - we (and Grandma) prefer to let our children make their own choices re: college, while others may not prefer that. Also worth noting as a difference - and concern to think about - in these two.  A UGMA or UTMA account that generates income may have taxable events - interest or dividend income.  If that's over a relatively low threshhold, about $1050 this year, those earnings will be taxed (on the child's own tax return).  If it's over $2100 (this year), those earnings will be taxed at the parents' tax rate (\"\"kiddie tax\"\"). Trusts are slightly different; trusts themselves are taxed, and have their own tax returns.  If you do set one of those up, the lawyer who helps you do so should inform you of the tax implications and either hook you up with an accountant or point you to resources to handle the taxes yourself.\""}
{"_id": "414443", "title": "", "text": "Great read. Good points. My only complaint is that our North American union model could learn much from the German model where the union plays an important role IN the company. There are corrupt unions like anything else, which ruin it for the grassroots unions that operate as intended. I really don't think it's too much to ask for CEOs and companies to operate more like, for example, Costco; where the CEO sees his employees as his most important asset, and as such pays top wages in the industry, and provides benefits for families of employees. Somehow they still seem to reap a positive return for investors, while spreading the wealth by providing a living wage for their employees.   Thanks for your well thought out, we'll organized reply! Cheers."}
{"_id": "414444", "title": "", "text": "One reason a lot of bond ETFs like Financials are because of how financial companies work.  They usually have amazing cash flows due to deposits and fees and therefore have little risk associated with paying their debts in the short term. The rest of VCSH contains companies with low default risk and good cash flow generation as well: This is of course the objective of VCSH: Banks themselves issue a lot of bonds to raise cash to lend for other purposes.  Banks are intermediary and help make funds liquid for investors and spenders.  Hope that helped answer your question.  If not comment below and I'll try to adjust the answer to be more complete."}
{"_id": "414448", "title": "", "text": "First, in the money options are scarcely created because most options trade at the money with the rest evenly distributed between in and out, so they are at best half the market when created. They are also closed before expiration. The reason is still unknown, but one theory is: Barely in the money options carry enormous exercise risk because the chance that could be turned into a potentially solvency threatening unhedged liability is great; therefore, option sellers prefer to close barely in the money options so not to take on unhedged liability risk. Statistically, option sellers are risk avoiders."}
{"_id": "414454", "title": "", "text": "\"If it's fully expensed, it has zero basis. Any sale is taxable, 100%. To the ordinary income / cap gain issue raised in comment - It's a cap gain, but I believe, as with real estate, special rates apply. This is where I am out of my area of expertise, and as they say - \"\"Consult a professional.\"\"\""}
{"_id": "414464", "title": "", "text": "Siema, chcia\u0142bym zapyta\u0107 Was o opini\u0119 i prosi\u0107 o przetestowanie serwisu, kt\u00f3rego jestem wsp\u00f3\u0142autorem. Po 3 miesi\u0105cach test\u00f3w wewn\u0119trznych czas wyj\u015b\u0107 do szerszej publiki. Not8.Me - Comment every website ma odpowiada\u0107 na aktualne zapotrzebowanie w Social Mediach. Na Facebooku czy innych serwisach, opinie o danych artyku\u0142ach, produktach itp. s\u0105 rozsiane po r\u00f3\u017cnych profilach prywatnych czy firmowych. Dzi\u0119ki Not8.Me komentujesz po prostu stron\u0119 internetow\u0105 - jednym przyciskiem myszy mo\u017cesz odczyta\u0107 lub doda\u0107 komentarze. Istnieje wiele mo\u017cliwych scenariuszy, gdzie nasze rozwi\u0105zanie jest przydatne - na stronach firm, kt\u00f3re nie maj\u0105 systemu komentarzy czy profili w mediach spo\u0142eczno\u015bciowych przez co nikt nie wie czy warto prowadzi\u0107 interesy z dan\u0105 firm\u0105. Mo\u017cna komentowa\u0107 r\u00f3wnie\u017c artyku\u0142y, czy s\u0105 prawdziwe czy tzw. Fake news :). Og\u0142oszenia na portalach aukcyjnych (samoch\u00f3d z cofanym licznikiem?) czy sklepy internetowe (zbyt d\u0142uga wysy\u0142ka?) Zapraszam do test\u00f3w i u\u017cywania tej wtyczki do Google Chrome :) W razie pyta\u0144 pozostaje oczywi\u015bcie do dyspozycji."}
{"_id": "414470", "title": "", "text": "I hate to point to Wikipedia as an answer, but it does describe exactly what you are looking for... The S&P 500 is a free-float   capitalization-weighted index   published since 1957 of the prices of   500 large-cap common stocks actively   traded in the United States. The   stocks included in the S&P 500 are   those of large publicly held companies   that trade on either of the two   largest American stock market   exchanges; the New York Stock Exchange   and the NASDAQ. The components of the S&P 500 are   selected by committee... The committee   selects the companies in the S&P 500   so they are representative of the   industries in the United States   economy. In addition, companies that   do not trade publicly (such as those   that are privately or mutually held)   and stocks that do not have sufficient   liquidity are not in the index. The S&P is a capitalization weighted index.  If a stock price goes up, then it comprises more of the total index.  If a stock goes down, it comprises less, and if it goes down too much, the committee will likely replace it. So to answer your question, if one stock were to suddenly skyrocket, nothing would happen beyond the fact that the index was now worth more and that particular stock would now make up a larger percentage of the S&P 500 index."}
{"_id": "414481", "title": "", "text": "I know this feeling all too well. I just laid off two employees yesterday. They were hired in our early days before we had more hiring experience and have been dragging down morale for quite awhile now. But no more!"}
{"_id": "414490", "title": "", "text": "This is the result of market competition as well.  * Cheese Company A pays its employees $10/hour. (20k/year) * Cheese Company B pays its employees $20/hour. (40k/year)  This increase in wages results in a 50cent increase/kg in production cost to company B.  Since the grocery chain has a policy to set their sales-price to 100% of purchase price, (in order to break even on a sale-price), this 50cent increase/kg, results in $1/kg when it hits the consumer.  Assume both cheeses are equal, most consumers will purchase the product at a lower price, leading to lost sales for company B.   **Capitalism, is a race to the bottom.**"}
{"_id": "414502", "title": "", "text": "Ally bank has a free billpay service where you have the option of paying bills via eBills. Though I use Ally's billPay service (and I write about my experience with Ally in my blog), I haven't used eBills, but from reading your question, looks like this is what you are looking for. From Ally's site: What are eBills? An eBill is an online version of a bill or statement that can replace a traditional paper copy. Many large companies, like your electric, phone, cable and major credit card companies have the ability to send you eBills. To receive eBills at Ally, you must already receive your bill online at the biller's website. Ally will ask for the biller's website credentials to set up an eBill. Hope this helps."}
{"_id": "414505", "title": "", "text": "\"The key difference I've found between a stock split and a stock dividend \u2013 of the exact same stock and class, as opposed to a spin-off \u2013 seems to be from the company's own accounting perspective.  There doesn't appear to be any actual transfer of value to the shareholder with either kind of transaction; i.e. in theory, each transaction would be immaterial to the value of your holdings. With respect to the company's accounting, a stock split affects the par value of the shares, whereas a stock dividend reduces the retained earnings account in order to increase paid-in or contributed capital. I found a good online source which explains the history behind this accounting difference: McGraw-Hill - Intermediate Accounting eBook, 6/e - Chapter 18 - Stock Dividends and Splits. Small quote: [...]   Besides being based on fallacious reasoning, accounting for stock   dividends by artificially reclassifying \u201cearned\u201d capital as \u201cinvested\u201d   capital conflicts with the reporting objective of reporting   shareholders' equity by source. Despite these limitations, this   outdated accounting standard still applies. Since neither the corporation nor its shareholders apparently benefits   from stock dividends, why do companies declare them?23 Occasionally, a   company tries to give shareholders the illusion that they are   receiving a real dividend. Another reason is merely to enable the corporation to take advantage   of the accepted accounting practice of capitalizing retained earnings.   Specifically, a company might wish to reduce an existing balance in   retained earnings\u2014otherwise available for cash dividends\u2014so it can   reinvest the earned assets represented by that balance without   carrying a large balance in retained earnings. [...] There's a lot more on that page, before and after, worth reading. From another book: Google Books - Comparative Income Taxation, a Structural Analysis - page 314 - Stock Dividends. Small quote: The distribution of dividends in the form of stock or \"\"bonus\"\" shares   to existing shareholders typically involves a transfer for corporate   law purposes of retained earnings into stated capital.   It can been [sic] viewed as a deemed distribution of a cash   dividend to the shareholders followed by a corresponding contribution   to capital or as solely as an event at the corporate level which has   no effect on the shareholders whose economic interest in the   corporation is unchanged by the receipt of additional shares. The   systems have taken varied approaches to the stock dividend problem.    The treatment is in part a function of the rules dealing with   distributions of stated capital. [emphases above are mine] [... continues w/descriptions of different countries' tax treatments of the kinds of stock dividends. Includes U.S., Sweden, Japan,   Netherlands, Canada, Australia, U.K., France, Germany. ...] As far as why a corporation might want to capitalize earnings and reduce the equity otherwise available for dividends, I can only imagine that, ignoring taxes for a moment, that it may have something to do with capital ratios that need to be maintained for financing or regulatory purposes?  Yet, I remain curious. If I discover more on this then I'll update my answer. Additional resources:\""}
{"_id": "414521", "title": "", "text": "Plus a lot of retailers use completely different size standards and don't bother putting the scales they use on the product page. So a large at one store can quite literally be a small at another and unless you knew that beforehand or they happened to tell you the sizing scales, *have fun*."}
{"_id": "414525", "title": "", "text": "\"The whole purpose of IT is save costs, automate things and make the company more competitive in the digital age.  IT is not \"\"cost center\"\"!   If you really want to see costs rising, and profits going down, then stop any new IT development.  The fact is that there's constantly more and more new IT development work for only one reason: ROI.\""}
{"_id": "414527", "title": "", "text": "I litigated several of these cases to settlement back in 2011-2013 (the cases that followed on the Wells Fargo settlement out in NDCA).  Many many banks were using the same few consultants who were pitching the same few computer programs to re-order transactions in order to maximize fee revenue.  It was becoming standard industry practice until Judge Alsup entered the $200mm+ judgment against Wells Fargo for their California customers.  After that, lawyers did what we do and descended on any other bank doing the same thing.  As part of the settlements, the banks agreed to stop reordering transactions to maximize fee revenue (typically agreeing to order deposits first, then debits as they were presented to the bank).   Class action attorneys get a bad rap (sometimes justifiably so), but there are many more instances like this where we catch bad actors actually hurting people."}
{"_id": "414534", "title": "", "text": "Like all other loan-vs-savings questions, it depends on the terms of the loan. If you have a choice, the usual answer is to pay off the loan with the worst terms (which usually means the highest interest rate) first, and only start with savings when you've paid off all the high-interest loans entirely. If your student loan is on US terms, then pay it off as soon as you can, unless you have commercial debt (credit-card or unsecured personal loan), which you should pay off first, or unless you have or are realistically likely to get eligibility for a forgiveness program. But it does depends on the terms of the debt, which in turn depend on the country you studied in; on UK terms it's a very bad idea to pay off a student loan any faster than you have to.  Interest is restricted to the rate of inflation, so good investments probably beat the interest rate of the student loan; the required repayments vary with your income, so savings are more useful than debt repayment if you encounter income difficulties (e.g unemployment) in the future, and finally the debt is automatically forgiven after 30 years, so you may never have to pay it all back anyway - so why pay it off voluntarily if it would get forgiven eventually anyway?"}
{"_id": "414559", "title": "", "text": "One thing that you need to know about this variant is that oil free doesn\u2019t mean that it is totally oil free and has nothing like elements and additives found in the oil. To be very honest, there is no change in the quality of the air whether you use oil free version or the lubricated one and the major difference between this one and its counterparts is that the oil is only for the process of compression."}
{"_id": "414567", "title": "", "text": "&gt; Public employees should fly what is cheapest and pay for an upgrade out-of-pocket if so desired because we the taxpayers pay their tickets/salaries  Eh, that still comes down to what the purpose of the flight is.  If you need someone to come off a flight in a functional state, flying coach isn't going to do that.  Flying at a higher level isn't just about being luxurious - it's about being able to be operational at a high level post-flight."}
{"_id": "414573", "title": "", "text": "Unfortunately, yes.      You will build an unnecessary 'slippery slope' argument. Can we confine our conversation to healthcare?    Everyone I've ever met would like to never get medical bills.  We also feel that one should earn one's own shoes, we just put a * on everything as a matter of course.  Where are you coming from?"}
{"_id": "414583", "title": "", "text": "Ignoring that liability car insurance is usually a state mandated requirement and that all banks require full coverage, there are quite a few reasons to buy it. No matter how much money you have, you can't really guarantee that you can recover financially from an accident.  Yes, you can buy a new car.  But what happens if you are sued because the other driver died or is now in a long term coma?  The legal costs alone would financially bury most people. It's even worse if you are rich.  Let's say someone rear ended you.  If you had no insurance (again ignoring the legality here), you can bet their attorney would take a look at your considerable financial assets and do whatever it took to get as much of that as possible.  The legal fees alone of defending yourself at trial would likely far outstrip everything else. And that's just one little situation."}
{"_id": "414587", "title": "", "text": "\"Why does this seem so hard for brick and mortar electronics retailers?  Their only edge is the store and staff and precisely where they *repeatedly* gut themselves.  It is baffling.    Sometimes you wonder if anyone beyond a certain level of management lives in the \"\"real world\"\" as a consumer versus some disconnected budget-less world of executives.  How do they visualize a bunch of untrained low paid abused employees running their stores?  How do they visualize the customers' response?  It is like they can't understand fundamental human interaction/behavior.\""}
{"_id": "414596", "title": "", "text": "\"The dot.com companies were purveyors of the Internet, then a \"\"new\"\" technology around 2000. Everyone \"\"knows\"\" that such a new technology will change the economy and society. What people didn't know at the time was WHICH companies would be the leaders/beneficiaries of such change. So investors pushed up the stock prices of ALMOST ALL companies in the \"\"space.\"\" Any ONE (or two or three) companies can benefit from such a new technology. But not ALL of them can: It's something called the \"\"fallacy of composition.\"\" That is, there can be one or two Googles (or Microsoft of a previous era), but not 100 of them. Most of the other 98 will go bust. Those were victims of the bubble that affected all, including the successful ones. It's a bit like the California gold rush. Maybe one of 10 miners got \"\"rich\"\" (or at least moderately wealthy). The other 90% died heartbroken, trying.\""}
{"_id": "414598", "title": "", "text": "I agree with what you said regarding not wanting to put the work in to get it.  When I was coming out of school and deciding whether or not to pursue my CPA (I went into industry (Private Accounting), not Public Accounting) my manager told me this.  What would you think of someone who went to law school and didn't take the bar? Seems ridiculous doesn't it?  Well the same, kind of, can be applied to the CPA/CA - if you have a degree in accounting... why not take the CPA exam?"}
{"_id": "414629", "title": "", "text": "Short-term it will not help, it will actually hurt your credit score. Long-term, it will help for a couple of reasons: The mix that others refer to is mortgage and auto loans which do not count as revolving credit. A mortgage will help more than a credit card in this case, but may not make sense in your circumstances."}
{"_id": "414636", "title": "", "text": "In the US you specify explicitly what stocks you're selling. Brokers now are required to keep track of cost basis and report it to the IRS on the 1099-B, so you have to tell the broker which position it is that you're closing. Usually, the default is FIFO (i.e.: when you sell, you're assumed to be closing the oldest position), but you can change it if you want. In the US you cannot average costs basis of stocks (you can for mutual funds), so you either do FIFO, LIFO (last position closed first), or specify the specific positions when you submit the sale order."}
{"_id": "414649", "title": "", "text": "You need to distinguish a company's guidance from analysts' estimates. A company will give a revenue/earnings guidance which is generally based on internal budgets. The guidance  may be aggressive or conservative - some managements are known to be conservative and the market will take that into account to form actual estimates. When you see a headline saying that a company missed, it is generally by reference to the analysts' estimates. Analysts use a company's guidance as one data point among many others to form a forecast of revenue/earnings. The idea behind those headlines is that the average sales/earnings estimates of analysts is a good approximation of what the market expects (which is debatable)."}
{"_id": "414664", "title": "", "text": "Excellent article.  &gt;it is almost impossible to make sense of the big picture without a large fall in aggregate demand.&lt;  The rich can only eat so much. This entire issue can only be explained by obscene wealth disparity."}
{"_id": "414674", "title": "", "text": "Pay it all off now before you change your mind.   Having an emergency  fund is important but that assumes you'll have the discipline to leave it alone.  Obviously, you don't or you wouldn't have amassed $36k in cc debt. Regardless of the rates, your icome or any other factor, that's just way too much and a pretty good indication that you've got problems managing money.  Pay them off now while you still can!"}
{"_id": "414684", "title": "", "text": "Until deposited to a store account or spent, the gift card is no more or less at risk than cash. (Well, that's the theory anyway.)"}
{"_id": "414686", "title": "", "text": "meets-ecommerce.de ist eine junge Internet Agentur welche sich voll und ganz auf das Shopsystem Magento   ausgerichtet hat. http://meets-ecommerce.de erstellt neben kleinen Projekten aber auch Portfolioseiten und codet   Magento Extensions. Auf dem Blog koennen Sie noch mehr ueber die Firma erfahren."}
{"_id": "414692", "title": "", "text": "I\u2019m not an expert on the VISA/US tax or insurance, but you're making enough mistakes in terms of all the associated costs involved in owning and renting houses/apartments that this already looks potentially unwise at this stage of your investment career. Renting cheap properties/to students involves the property constantly being trashed, often being empty and requiring extremely close management (which you either have to pay someone a lot to do, or do yourself and lose other potential earning time. If doing yourself you will also make lots of mistakes in the vetting/managing/marketing process etc at first as this is a complex art in itself).  Costs on this type of rental can often get as high as 25% a year depending exactly how lucky you get even if you do it all yourself, and will typically be in the 5-15% range every year once everything you have to constantly maintain, replace and redecorate is totalled up. That's all pre what you could be earning in a job etc, so if you could earn a decent clip elsewhere in the same time also have to deduct that lost potential. Send it all to third parties (so all upkeep by hired contractors, all renting by an agency) you will be lucky to even break even off ~15k a year per property rents to students. You\u2019re not seeming to price in any transaction costs, which usually run at ~5% a time for both entrance and exit. Thats between half and one years rent gone from the ten per property on these numbers. Sell before ten is up its even more. On point three, rounding projections in house price rises to one decimal place is total gibberish \u2013 no one who actually has experience investing their own money well ever makes or relies on claims like this. No idea on Pittsburgh market but sound projections of likely asset changes is always a ranged and imprecise figure that cannot (and shouldn\u2019t) be counted on for much. Even if it was, it\u2019s also completely unattainable in property because you have to spend so much money on upkeep: post costs and changes in size/standard, house values generally roughly track inflation. Have a look at this chart and play around with some reasonable yearly upkeep numbers and you will see what I mean. Renting property is an absolute graveyard for inexperienced investors and if you don't know the stuff above already (and it's less than 10% of what you need to know to do this profitably vs other uses of your time), you will nearly always be better off investing the money in more passive investments like diversified bonds, REITs and Stock."}
{"_id": "414693", "title": "", "text": "\"They borrowed it from the people, and typically to finance wars and military spending. For example, Wikipedia suggests that the Bank of England \"\"was set up to supply money to the King. \u00a31.2m was raised in 12 days; half of this was used to rebuild the Navy.\"\" It's a game that everyone has to play once started; if Napoleon buys an army on credit, you'll have to raise an equal amount or face quite a problem. As for why they've grown so large, it's because governments are quite skilled at owing large sums of money. Only a small portion of the debt comes due in full at a given moment, and they constantly reissue new debt via auction to keep it rolling. So as long as they can make coupon (interest) and the lump sum at maturity, it's not difficult to keep up. Imagine how much credit card debt you could rack up if you only ever had to pay interest. This game will continue for as long as people lend. And there are plenty of lenders. There's pensions, mutual funds and endowments, which find public debt typically safer than stocks. And money market funds, which target 1 dollar NAV and only invest in the \"\"safest\"\" AAA-rated bonds to protect it. There's central banks, which can buy and sell public debt to manipulate inflation and exchange rates.  Absent some kind of UN resolution to ban lending, or perhaps a EU mandated balanced budget, these debts will likely continue to grow. You think they \"\"collectively owe more money than can exist\"\", but there's a lot of wealth in the world. Most nations owe less than a year's GDP. For example, the US's total wealth is in the neighborhood of 50 trillion.\""}
{"_id": "414694", "title": "", "text": "$125 bucks says that if the legislation were worded that way, these employers would switch their pay structure from hourly to salary, and then make everyone work 50-60 hours a week. Probably even fire a few people since they could make one worker do one and half times the work for free now. :/"}
{"_id": "414697", "title": "", "text": "&gt; radio may find itself in dire straights as well. Although i agree for the time being it is better protected than TV.  What are you talking about? Radio is mostly dead at this point. Most stations are owned by very few companies because most stations failed already. These big conglomerates bought them up and run mostly robo-DJs and syndicated content where there's no real local radio station, just a retransmitter that sends out programming created in a what is effectively a radio content factory.  Radio has been in dire straits for the better part of decade and far worse off than TV."}
{"_id": "414698", "title": "", "text": "Moving to a new home? The need of a self-storage is undeniably important while moving in and out of a residence. In case you are looking for personal storage in Sutton Coldfield, Cookes Storage with expert professionals will help in decluttering and keeping your belongings safe."}
{"_id": "414735", "title": "", "text": "Most of them still pay partial taxes, albeit not all of those are federal.  Boeing and GE might be the worst offenders ethically as they are federal contractors who also benefit from US agreements with other countries that grant additional sales for the two firms' military hardware."}
{"_id": "414737", "title": "", "text": "\"You do not need to inform your employer of your additional activity, but it is your responsibility not to work for more than 48 hours per week as long as you are an employee. So if you are working 38 hours for your employer, you may not work for yourself for more than 10 hours. It is, however, not so easy in practice to draw the line between work and a hobby, as long as you are not being paid by the hour. The main reason to present your employer with an addition to your work contract is to make it legally very clear that he holds no intentions to claim copyright to your work. He may attempt to do something funky like claim your home computer is, in fact, a work computer because you used it once a month to work from home, and your work contract may contain a paragraph that all work performed on a work computer results in copyright ownership for your employer. I have no idea how likely this is in practice, but this is the reason I know is commonly given as legal advice to have a contract. So the normal contract you present your employer with says: In order to earn user contribution money from a website, you need to register as a sole proprietor (Gewerbeanmeldung) and pay trade tax (Gewerbesteuer) and sales tax (Umsatzsteuer, alternatively you claim small trade exception, Kleingewerbe), which also makes a tax return mandatory. I would guess, however, (and this is not legal advice in any way, just my guess), that a couple of contributions towards server cost in a strictly non-profit endeavor is not commercial (\"\"gewerblich\"\") at all but private, in the same way that you may write an invoice to someone you sold your old bike to, or a kid may get paid to mow someone's lawn. Based on that guess, my non-legal-advice recommendation is to take the contributions and do nothing else, as long as the amount is nowhere near breaking even if you count your work input.\""}
{"_id": "414755", "title": "", "text": "Not that easy!. There\u2019s millions of lines of code and so much logic added over the years. Programmers would add a comment line and insert the code. No one had time to cleanup or rewrite of remodularize functionality. They just piled on it !. Y2K happened and it corrected and renamed whole bunch of date fields and code to work for rollover year."}
{"_id": "414758", "title": "", "text": "Ya, I moved into the role so I was just as surprised as you are. We regularly compete with 4 or 5 other companies to win an account. When we lose it really sucks because a high investment goes into the process with flights, hotels, and time."}
{"_id": "414760", "title": "", "text": "\"The economy is going to stagnate into permanent recession a la Japanese model or it will collapse unless government spending is reduced to equal government revenue.   That means a 40% cut in the Federal budget. That means that we need to \"\"CUT EVERYTHING!\"\". To not do so is the decision to avoid substantial pain today and refuse to see the crushing pain that will come later. It is the decision of children\""}
{"_id": "414772", "title": "", "text": "Buyer A didn't send money to the US government, Buyer A sent money to Seller B, a US resident.  I think the most common way to facilitate a transaction like this is a regular old international wire transfer. Buyer A in India goes to their bank to exchange X INR to $1mm USD.  $1mm USD is then wire transferred to Seller B's bank account.  The USD was sold to Buyer A, either by funds held by Buyer A's bank, or foreign exchange markets, or possibly the US government.     Seller B may owe taxes on the gain derived from the sale of this thing to Buyer A, but that taxation would arise regardless of who the buyer was.  Buyer A may owe an import tax in India upon importing whatever they bought.  I don't think it's common to tax imported money in this sort of transactional setting though."}
{"_id": "414776", "title": "", "text": "How fucking retarded are you?  &gt;Maybe if fuckers like him could manage their house then government wouldn't have to bail them out and there wouldn't be a need for as much regulation. But no, he's going to keep gambling and expect tax payers to cover his losses, and then has the audacity to bitch about it. Fuck him.  Literally look at what you posted, and how none of it is even true. What does Citibank have anything to do with what you posted you dumbass? And you ask me a question that you can google? Fucking lol"}
{"_id": "414777", "title": "", "text": "A cashier's check costs money to get and is not connected to an account.  You have cash.  You should be able to get a bank to sell you one, even without an account.  Find a bank where you would like to open an account and explain the situation.  I can't guarantee that that will work, but I would expect it to do so.  If not, the bank can probably suggest an alternative.   You might also ask the landlord if you can do it with postal money orders.  I am positive that you can buy those with cash.  You might have to buy a bunch to reach your desired amount.  Or perhaps a Western Union money order might be better.   You also might be able to open an account with your passport and Social Security Number (SSN)."}
{"_id": "414819", "title": "", "text": "What really gets me is that the whores at the credit rating agencies aren't penalising this. These high grades are ridiculous, especially as they are used as anchors for political risk premium calculations. The European debt crisis gave everyone a step by step playbook on risk transfer channels, and yet [here](https://i.imgur.com/c4jt321.png) we are..."}
{"_id": "414834", "title": "", "text": "\"I appreciate your taking the time to shoot some holes in this oft repeated statistic.  However, I do disagree on some points.  &gt; Nor is there anything wrong with the person then ENDING that \"\"business\"\" and moving on... to another (different name, different field) business... or taking a job with some company  There may not be anything shameful about doing that, but that scenario is, indeed, a business failure.  People do not shutter a profitable (successful) business and then go to work for someone else.  I believe a key contributor to the confusion is talking about the self-employed and business owners in the same breath.  Someone who's self-employed basically owns a job.  His income will always be directly proportional to the amount of time spent working and the company does not exist apart from himself.    A business owner, on the other hand, has processes/equipment/staff/IP in place that generates income whether or not she gets out of bed in the morning.  These are different people with different goals and cannot be lumped into the same demographic block.\""}
{"_id": "414836", "title": "", "text": "Order NFL Football Team Checks   Choose from the groups below to urge you started: Green Bay Packers Checks Miami Dolphins Checks Chicago Bears Checks Baltimore Ravens Checks Pittsburgh Steelers Checks Arizona Cardinals Checks Detroit Lions Checks Atlanta Falcons Checks St Louis Rams Checks Jacksonville Jaguars Checks Many more..."}
{"_id": "414839", "title": "", "text": "Go through a few of the public domain reports on the costs of risk management for banks. Convert qualitative results into some kind of quantitative data and try to answer the most basic questions. It's your job to decide what the hypothesis would be, but it is a hot topic in the industry and breaking new ground could open a lot of doors."}
{"_id": "414852", "title": "", "text": "When you live in the midwest it's really hard to see food production being such an issue. I drove for 6 hours seeing only fields full of corn on Sunday - we clearly have the means to mass produce agriculture - it just isn't all that profitable without govt. subsidies right now."}
{"_id": "414863", "title": "", "text": "It is an interesting place in Florida to spend the time with your family and more activity in our escapes rooms which is designed at the wonderful location. Here, you can make unforgettable events, it is one of the most full secure  place for the ladies and also known as family reunion west palm beach. You can come here without any hesitation and if you have more query, then you can also contact us. It  is one of the largest escape room game company that create  new ideas for your party west palm beach and other special occasions more memorable and adventurous."}
{"_id": "414868", "title": "", "text": "\"We were on the \"\"gold standard\"\" in name only since about 1910. There was not enough gold to remotely back the US currency, which is why during the great depression when people started wanting to turn their cash back in to gold there was no enough, and gold possession had to be outlawed (well, partially). So no, we were not on a gold standard.  Secondly, when you're on a (any fixed item) standard, your economy only can grow at roughly the rate you fond more of the (fixed item). There are many reasons for this, and it is partially why for thousands of years of various gold standard there was so little economic growth. Once countries stopped limiting the amount of total economic growth to the amount of gold they could dig up, that economies were able to grow at the sustained rate they have for the past 200ish years.  So, besides the fact that the US has not in modern history been backed by gold, despite the name, there is ample evidence from hundreds of economies and thousands of years that being on a gold standard = little or no economic growth.\""}
{"_id": "414870", "title": "", "text": "You're definitely looking in the wrong place. I work at Starbucks in Dallas and I make $9.00 an hour. Federal work study programs pay $9.88 an hour. Job opportunities are countless in Texas, especially for technology which is what I'm going to study in the fall (MIS). A job for $8.25? Give me a break. You could find a technical support position that pays $12 an hour with just an A+ certification."}
{"_id": "414873", "title": "", "text": "I make yearly trips to outlets in Italy. You wouldn't believe the deals you get. In particular, Il Lanificio, owned by the Cerruti group using their fabric, has great suits on sale all the time. I don't pay more than 250\u20ac for suits there.  The fabric alone is worth more."}
{"_id": "414892", "title": "", "text": "\"Do you want to split expenses of the new apartment, or split your income/assets equally too (as for instance with a marriage where no sort of \"\"yours, mine, and ours\"\" are split out)? I'm going to assume you have beliefs similar to me in my answer, in that you desire to split expenses of the new place but don't suddenly want to split all of your assets and income 50/50 too. So here's how I'd approach this. I am somewhat unsure of what you mean by \"\"living expenses\"\" for your flat. Does this mean the cost of ownership per month - what it takes to not get rid of the place - and no portion of this is interest/mortgage? To make the calculations a little simpler, I'll assume that all the money you pay out as expenses is just gone - none of it remains as equity or is dis-proportionally accumulating value in some other such way. So, you move in with your girlfriend. The cost for her place - the place itself, taxes, utilities, whatever - is 7892 per month. So since you are both getting equal use of the place, you would split this into 3946 per month for each of you. That's it. Well, I don't see how that really matters at all, anymore than if you owned a company or stocks and bonds. If you rent it out for less per month than it costs you, I don't see why your girlfriend should take any part of the loss. Conversely if you make more money per month than it costs you, that is your investment profit - the payment you get for owning the apartment and dealing with renting it out. Now if your girlfriend is going to partner with you in handling renting out the apartment you own and you want to look at this as an investment partnership, then you should pay all expenses out of the income first and then you can split the profit if you really want. One question to ask would be, what if you just sold your apartment completely? Would you give your girlfriend have the money from the sale? If not then I don't see why you would split the investment profit from holding on to the place. While this is what I recommend and would feel comfortable with personally and if the situation was reversed (and it was my girlfriend that owned a place and was moving in with me), ultimately this is about your personal values, beliefs, and relationship. You are very wise to seek something that both of you will find fair, and so you should discuss a proposed arrangement with your girlfriend and see if you are on the same page. If you are both fine with the agreement and feel OK with it, then great - none of us have to like or agree with it, because we aren't a part of your relationship. Psychologically and financially this situation seems the most reasonable to me, but YMMV. After some more thought and from comments, I realize that it's probably best to explore a few possibilities numerically. So I'll run a few sets of numbers which may help pick which one is right for your relationship. This is approximately the same as paying her \"\"rent\"\" for getting to live with her. You pay her for sharing her place, splitting the expense: 3946 paid to you. She pays the other 3946 for her place. Financially it's like being room-mates. You can do whatever you want with your place - rent or sell, hold on to it for security, etc. This deal makes your girlfriend financially better off by 3946. The financial advantage to you is wholly dependent on what you do with your place.  This option would give you each the most financial independence, which is why I like it - but you might be keen on being more interdependent.  Which leads us to the next option. Here you behave as before in splitting her expenses, but you include renting out your place as part of the deal. Let's say you get 10k a month for it. You pay the expenses on that place from the rent, then you have 2108 left as 'profit'. You split the profits monthly 1054 to each of you.  There's a bit of problem here, though - what happens when the place is vacant? Do you share the full expense of the rent, so she'd actually be paying you each month while it sits open? What about repairs, taxes (costs and credits), etc?  I would recommend instead what you do, if you go this way, to account for the apartment as an investment and don't pay out ANY of the profits right away. All rents stay in their own account, and you pay expenses from that same account. For you both it's like it doesn't exist, accept it is a nice earning asset. When you decide it has accumulated more than enough to pay for itself and has enough money to cover vacancy, repairs, etc, then when you pull out money for the duration you are together you just pay it out to both of you equally. You might also pull this \"\"equity\"\" out and spend it on something for both of you, like a nice vacation, etc - something you both enjoy, so you are still sharing the profits. I don't object to this, and it could be a nice arrangement. I would only note that this makes you have a personal relationship, you live together as roommates, and now you are co-landlords/business partners. That's a lot of types of relationships, and I can tell you from personal experience each type has it's own stresses - and this sort of stress can stack (or if you don't handle it well, multiply). So just make sure you are both clear what sort of responsibility you are really both signing up for up front, and what you'd do if you part.  Combine your apartment expenses, which would equal 14753, so that's 7376 cost to each of you a month. If you rent your place then whatever money you get you split, and whatever costs come up (repairs, cleaning, etc) you would also split. So if you get an average of 10000 a month for the apartment you each are paying living expenses of 2376 total.  But notice that this isn't exactly equal, either. You will pay 5516 less per month than you are now, and she will pay 4485 less than she was before.  There's nothing morally wrong with this or anything - it's a 100% partnership across the board. Yet advantage is still not equal - you actually will see a larger benefit to your budget than she will. But if you seek equal benefit, you will have to pay 515 a month more than she does.  This sort of thing is basically the model marriage uses, a pure 50/50 partnership, or \"\"communal property\"\". And note that one of you will either be paying more than the other, will be benefiting more than the other - no matter what you do! It's impossible to balance both costs and benefits, because your income and expenses are not the same going in. If you go this way you'll need to choose what is most important - splitting the expenses/income equally, or benefiting financially equally. So I say again, ultimately you have to choose based upon your individual and shared values, and also on just what sort of relationship and layers of commitment you want to have together. You could start slow with option 1, then progress to sharing more - that's what I'd recommend, because I like the idea of developing things one layer at a time rather than jumping in head-first (like I have personally done in the past, haha!). Once bitten twice shy, I might just be more risk-averse or careful than you desire to be, but that's a personal choice.  I personally believe the relationship can be far more valuable than any investment, but at the same time I'll take $1 over a relationship that has turned sour any day of the week. This is why I suggest the more gradual, careful approach - to let your love bloom and grow deeper one layer at a time, without the complexities of fully shared finances or investment partnership. Relationships are hard enough, so this is why I favor trying to protect them aggressively from unnecessary complexity. Some favor the \"\"sink or swim\"\" model of seeking out trials and challenges, while I favor the \"\"relationship as tender, growing sapling\"\" model. I hope seeing these options laid out more is helpful to you, and good luck to you, your relationship, and - lastly - to your investments!\""}
{"_id": "414903", "title": "", "text": "Amazon Go! was the beta and it was really cool (I work for Amazon and got to Beta test). Whole Foods is about to become the most technologically advanced supermarket and will be trimming serious staff overhead when it comes to checkouts. I can't wait to see what comes of this."}
{"_id": "414917", "title": "", "text": "Fixed  You are confirming the amount you are going t pay over the term of the loan. Variable: 3.79% over 82mo. The total difference over the life of the loan comes to around $1200 That is the wrong way to calculate the variable portion. The variable is primarily set with a margin over a certain benchmark i.e. Fed rate. Assuming the Fed rate doesn't change over or only goes lower the variable rate is the one to go. If it rises then your payment will increase. And the margin they take over the benchmark rate may increase, so the total amount you pay might increase too.  I would assume a read through the T&Cs should clarify that for you. Is it ever a good idea to choose a variable rate loan? Only if you think we are in a low interest rate environment i.e. the economy is in doldrums and the Feds are trying to simulate the economy by decreasing the benchmark rates. And you are sure that the lender isn't going to increase his margins if the rate remains low for quite a substantial amount of time. And I might assume there will be penalties for paying off a loan quicker."}
{"_id": "414927", "title": "", "text": "\"&gt;Govt. already is quite out of the way.  You are subject to more laws and regulations than you could ever be *aware of*, much less compliant to, if you had your entire life to read them. No one on *earth* is fully cognizant of all applicable laws, so don't try that line with me.   &gt;All it is doing is setting new rules when needed.  That's an extremely naive view. Needed, according to who? To what end?   &gt;the govt. is now trying to say - Hang on a min, we need to ensure fairness  Your naivete is amazing. The government doesn't give half a shit about fairness, only about protecting its own.  &gt;It never prevented HFT's from starting up and operating.   No shit? Maybe that's because we don't need the government's permission to try something.  &gt;Govt. supports free market  In no way is this true. Government itself is an inhibition to free markets.  &gt;it wants a refereed and regulated free market  Contradiction of terms. There's no such thing as a \"\"refereed and regulated free market\"\".   &gt;Re. the consumer electronics, last I checked FCC stickers are on most of them.  FCC has fuck-all to do with safety, FCC is about non-interference with other devices. Before making statements, please ensure you know what the fuck you're talking about.   &gt;Not sure who/what the u/w labs does  Now that you've admitted you don't know what the fuck you're talking about, are you willing to take input from someone who *does* know what he's talking about? Somehow I doubt it.\""}
{"_id": "414932", "title": "", "text": "As other answers and comments suggest you are trying to do something... odd to say the least. No one wants to use a credit card to finance a checking/current account because you are creating a debt on that credit card (unless you are in the odd situation where the card is in credit) that will immediately start accruing interest at a rate probably in excess of 10% per annum. That is not a clever thing to do. What you really need to do is find an account that one of you owns that has a positive balance and use an internet banking service to transfer part of that positive balance onto the debit card. The other solution is not to use the debit card at all but use the credit card to complete the purchases you are trying to manage with the debit card. The reason that BofA and AmEx customer support can't help you is that no one would ever do what you want to do; they would either move existing money from another account or ask for a bank loan."}
{"_id": "414937", "title": "", "text": "\"Unfortunately, it's difficult to convince a potential employer that reading in the library is sufficient qualification for anything. Also, good public libraries are few and far between these days (thanks to budget cuts for \"\"non-essential\"\" services). Additionally, even halfway decent education involves discussion with peers and mentorship.  Furthermore, you're a dick.\""}
{"_id": "414940", "title": "", "text": "NAV is  how much is the stuff of the company worth divided by the number of shares. This total is also called book value. The market cap is share price times number of shares. For Amazon  today people are willing to pay 290 a share for a company with a NAV of 22 a share. If of nav and price were equal the P/B (price to book ratio) would be 1, but for Amazon it is 13.  Why? Because investors believe Amazon is worth a lot more than a money losing company with a NAV of 22."}
{"_id": "414949", "title": "", "text": "I'm on chapter 6. I can just tell by skimming through the rest of the book that the first 4 chapters were the most difficult and will take up the most time. The rest of the book in picking up quickly since I've worked at a BRoker dealer for two years."}
{"_id": "414955", "title": "", "text": "It goes both ways. You can work hard, take pride in your work, but if you are not simultaneously participating in the organization of your co-workers, taking your employer to task to provide a living wage, and are unwilling to show up on the picket lines when your employer locks their employees in the building overnight or threatens your fellow working man with INS investigations of him and his whole family for speaking up, then you might want to consider that your position is less about self derived principles and more about you being well trained."}
{"_id": "415015", "title": "", "text": "The tablet is great as well. It's the right size/weight, doesn't need a separate SIM card for Internet while away from wifi, and generally feels solid and polished. It's hard to believe from using it, that it was made by a company on the brink.  I have an ipad3 to compare with, and while I really like the screen and Skype, it feels buggy and slow, and generally unfinished. I think the PlayBook is the better overall tablet (games, music, ssh, and email)"}
{"_id": "415019", "title": "", "text": "&gt; To me, it's crazy that even Indians can't buy land in their own country.  What? How does that work? If you want to build a building you... just take a piece of land and hope nobody stops you?"}
{"_id": "415034", "title": "", "text": "\"Well, everyone knows that a lot of funds have a strict policy to own a market-cap based part of shares from all listed companies above a certain threshold.    Now, if I would go and inflate my share price and market cap, they would be forced to buy in; you can argue that this is \"\"just exploiting a weakness of the market\"\", but for me that's simply fraud.\""}
{"_id": "415047", "title": "", "text": "\"&gt; Bernie:  I could probably live with a percent increase also. Right now, it falls under capital gains, which is 15% for most people, and I think slides up to 20% at the highest brackets. I could live with a couple more percent points added onto it. I am a civilian now, and left the military with no retirement pension. As an owner of a company, I have to build my own retirement just like most civilians nowadays. I am counting on some portion of that retirement to be funded by stock/mutual fund/dividends interest growth. While I would alter my plans slightly if it went from 15% to 20%, I wouldn't have to change my plans.   &gt; You are right, there does need to be an enforcement agency, however, I do not believe it has to be government.  You are right, it doesn't *have* to be government... Call it whatever you want, but guess what those people who have to *deal* with that enforcement agency are going to call it.... *government*... (or \"\"big brother\"\" or the \"\"cops\"\" or whatever). The point being, at the end of a day doesn't it equate to the same thing? How will this enforcement agency get paid? Are they going to sell tickets? Are they going to make a product or service *outside of enforcement*? Probably not, otherwise they are going to gain a reputation for having a conflict of interest and always have the suspicion of corruption hanging over them. So, then we are back to some form of \"\"tax\"\" on the market in order to pay for enforcement.... (And what do we call that ladies and gentlemen?.... A *government*!)  &gt; Kansas  You dug down into the specifics, which I appreciate. Most people just go: he didn't reduce taxes and spending *enough* and *that* is why it failed. And that is why they are now raising taxes to pay for gaping deficits.   Okay, so lets say you are correct about Kansas. Lets do some apples to apples comparisons. Most people say - okay, lets compare Texas and California - our two biggest GDP states. I am fine with that, even though their GDP comes from *very* different sources. CA is a technology state, while TX is an oil state. They both have a little bit of farming on top of that. CA has one of the highest and strictest tax policies of any state in the union. TX is known for being a *business friendly* state and a *tax rebel* (although they surely don't have a zero tax policy, not having an income tax is nice while they have one of the highest real estate taxes of any state).   CA currently has a [GDP growth rate of 3%](http://www.politifact.com/california/statements/2016/dec/19/jerry-brown/are-jobs-california-growing-hell-lot-faster-texas/), and has a job growth rate that exceeds the national average. TX is has fallen below the national average on both aspects, mostly because of the oversupply of oil on the global market. And of course TX was one of the top states while oil was up, but still was CA. The point being is that their *very* different tax policies did not make or break their positions. And many would argue that tax policy can help GDP when it builds stability and infrastructure (while states like KS seem to show the opposite to be true).   Lets do another comparison, and see if we can get even more apples to apples. Lets find a couple of states the sit right next to each other, have very similar economies and demographics, but very different views on taxes and infrastructure. How about: WI and MN, KS and MI, NH, and ME, and OR and ID.   Conservative with very lenient tax policy, an emphasis on freedom and reduced government: WI, KS, ME, and ID. Liberal states with emphasis on infrastructure, and social services: MN, NH, OR, MI.   In all of the above examples, the liberal states exceeded the conservative states in job growth, and GDP growth. This doesn't mean the liberal state exceeded the national average - in the KS/MI and MN/WI examples, both states lagged the national average. However, in both examples the liberal state faired better.   People could argue it is in-spite of the increased taxes, or they could try to find minute differences in the economies. Those states are pretty close, and yet the liberal states exceeded the conservative states.   This can be seen on a global scale as well. It is almost as if people need a safety network, and stability before they are able to produce. It is hard to concentrate on innovation and invention while you are worried about being able to buy groceries, pay for that big surgery, or make sure your kids go to a good school.   They have even seen this play out in commercial markets. [Linux](https://en.wikipedia.org/wiki/Linux) is one of the most successful freeware programs in the world - despite the fact that it pays its \"\"employees\"\" absolutely nothing. When they interviewed the participants, they found that the one common thread was basic needs. As long as their basic needs were being met, the most important thing to them was that they were part of something bigger and were contributing to society.   &gt; My high school spent tens of thousands of dollars on Macbook Pros and iPads the same year they started having these \"\"big\"\" paper shortages.   I agree - straight dollars do not equate to good education. After all, we pay more per student that most countries, yet [lag many western nations](https://www.nsf.gov/nsb/sei/edTool/data/highschool-08.html). I want you to notice something - every one of those nations at the top of the list has a strong *nationalized* school system. Not one of them has a privatized school system as the basis of their education program.   Matter of fact, if you look at many of today's most prominent inventions - they have their foundation in government led R&amp;D. Commercial does a great job expanding on government built foundations. Like Elon Musk has done with the space program. It is almost as if people want government, and want it to provide the foundation so that they feel safe building onto that foundation.\""}
{"_id": "415060", "title": "", "text": "After the turn of the century, financial accounting requirements grew as a result of new pressures placed on companies by capital creditors, markets, regulatory bodies, and federal taxation of income. Johnson and Kaplan states that many firms needed to raise funds from widespread and outside suppliers of capital. To tap these outside capital firms\u2019 managers were to supply audited financial reports."}
{"_id": "415061", "title": "", "text": "This post has been wrote in 2014, so if you read this text be aware. At the time, and since France does tax a lot investment, I'd suggest you start a PEA and filling in using the lazy investment portfolio. That means buying European and/or French ETFs & index, and hold them as long as you can. You can fill your PEA (Plan d'Epargne en Action) up to 150.000\u20ac for a period of at least 8 years as long as you fill it with European and French stocks. After the period of 8 years your profit is taxed at only mere 15%, instead of the 33% you see in a raw broker account. Since you are young, I think a 100% stocks is something you can hold on. If you can't sleep at night with 100% stocks, take some bonds up to 25%, even more. Anyway, the younger you start investing, the more ahead you may eventually go."}
{"_id": "415097", "title": "", "text": "Is it a safety thing?  If the heat pump goes out you replace it immediately, if your floor looks bad but you aren't tripping, I would suggest saving.  Use the extra time to find a great deal and educate yourself on your options.  Maybe even take a class and learn to do it yourself. In these rough times, anything I can save for and pay cash I would.  The exception is if you can finance with 0% interest for a period of time and you have enough money to pay that off. The last consideration I can think of is if you plan to sell the home soon?  For that you might be getting more value than the loan and a real estate agent would be probably know best."}
{"_id": "415104", "title": "", "text": "He doesn't have to follow through on this, but he could tell this sister that he will stop making mortgage payments, which will result in foreclosure and sale at lower price than might be realized by a voluntary sale. Translation: the house will sold, sis. Do you want to maximize your share of the proceeds?  And, as I said in a comment above: I hope that he is keeping careful records of mortgage an utility payments, as he might (should) be entitled to a refund from the proceeds of an eventual sale (possibly adjusted by the fair rent value of the time which he spent living there)"}
{"_id": "415121", "title": "", "text": "&gt; Risk tolerance is a psychological trait that is genetically based, but positively influenced by education, income, and wealth\u2026  &gt; There is an old adage: It is not a stock market, but a market of stocks.  Phrase-based search results from Google for [these two quotes appearing together](https://www.google.com/search?q=%22Risk+tolerance+is+a+psychological+trait+that+is+genetically+based,+but+positively+influenced+by+education%22++%22There+is+an+old+adage:+It+is+not+a+stock+market,+but+a+market+of+stocks.%22&amp;num=50&amp;tbas=0&amp;tbs=li:1&amp;filter=0&amp;biw=1568&amp;bih=1031)."}
{"_id": "415134", "title": "", "text": "\"&gt;Staggering levels of national debt that is only growing due to continued budget deficits. As it stands now, the national debt stands at over 100% of annual GDP, and that figure is only growing as the deficit remains huge.  Debt as a percentage of GDP is a useless metric. Debt can be paid off over decades while GDP is at one point in time. Japan isn't too worried about their debt.   &gt;Governments from municipal to states in financial disarray.  It's been like this for centuries. It's a short term problem that eventually gets resolved with a stronger economy.   &gt;Crumbling infrastructure after decades of insufficient funding and maintenance throughout the country.  \"\"Crumbling\"\" gets thrown out a lot. Just because we don't build high speed trains that we cannot afford doesn't mean our infrastructure is crumbling. We have the best freight railroad network in the world, the best highway system in the world, and cities all over the country are heavily investing in mass transit.   &gt;A population grown completely accustomed to a resource-intensive, globalized lifestyle relative to that enjoyed by almost any other country on Earth.  So?   &gt;And finally, the combination of the game of economic dominoes unfolding in Europe and a slowing Chinese economy.  Again, Europe is a temporary problem. Greece, Spain, Italy, etc are all in hell right now but they are offset but the gains made by Germany and the Netherlands.\""}
{"_id": "415143", "title": "", "text": "\"I'm looking to leave my corporate finance position in the next several months. Looking at positions externally with more responsibilities in the same realm or to move to a financial services type role in consulting or similar. A lot of job postings call out \"\"financial modeling\"\" as a desired skill. What specifically is meant by this? Modeling cash flows? Estimating P&amp;Ls given some assumptions? Valuation? I'm in Excel all day in my role but still can't seem to make sense of what I should be doing to prepare for a next step in my early career. The \"\"models\"\" I typically work with involve calculating accruals or analyzing sales/ margin data in my corporate environment which has become very stale as of late. Thanks!\""}
{"_id": "415161", "title": "", "text": "\"The question seems to be from a Libertarian position. That's a religious perspective imo.  There isn't a Reverence for Greed even in so called \"\"capitalist\"\" countries. Capitalism perhaps is a religion to some but to most people \"\"gouging\"\" is a descriptive word for unethical behavior.\""}
{"_id": "415179", "title": "", "text": "As was once famously said, Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes. \u2014\u2009Benjamin Franklin, 1789 It's very likely that either the company or you personally is going to have to pay taxes on that money. Really the only way to avoid it would be if the company spent that money on next year's expenses, and paid the bill before the end of this year. Of course you can only do that if the recipient is willing to receive their money so far in advance, which isn't necessarily the case since they would pay more taxes this year as a result. As for whether it's better to have the company pay the tax or for you to do as your accountant suggests, there are a lot of factors that go into that equation, and my gut feeling is that your accountant already ran it both ways and is suggesting the better choice."}
{"_id": "415188", "title": "", "text": "The abbreviation of USI is Unique Superannuation Identifier. An USI Number is nothing but a number utilized by the huge superannuation funds for an electronic communication about the rollovers and contributions. It actually forms the parts of SuperStream System, other than for SMSF\u2019s that utilize their Australian Business Number rather."}
{"_id": "415200", "title": "", "text": "Taxes were much higher in the period immediately following the Second World War which is widely considered one of the most productive and stable periods of US economic history.  This guy is saying that he is able to run a company only when fiscal policy is dramatically bent to favor corporations and the rich.  More competitive companies will pick up the slack, or the goods and services he offers will go away."}
{"_id": "415231", "title": "", "text": "You mean that new $800 Millennium Falcon didn't get you excited.  The basic price points keep creeping higher and higher.    Also, Lego's designers fell in love with complex and expensive models.  Unless you buy block buckets, there are very few sets with a large number of the bigger blocks I grew up with.  It is horrible for teaching younger kids to build free style."}
{"_id": "415237", "title": "", "text": "Actually regulation was really helpful here: some investors tried to invest into facebook privately, having very limited information. IPO just made things visible.  Perhaps a shitty analogy would help you to understand:  &gt; When John was beating his wife privately that was OK because nobody saw her face. I'm sure she was asking for it. But now due to stupid federal regulations there is an open investigation and everybody knows she was beaten. This sucks. Start at the root: fight with those stupid federal regulations which break into private homes.  This makes as much sense as your comment."}
{"_id": "415245", "title": "", "text": "You're exactly right, I wish more people understood this.   That being said, there is definitely progress in this area. The house actually passed a reasonable bill in the past few days and now the senate has taken it up.   [Source](http://www.reuters.com/article/2011/12/12/idUS125555802420111212)"}
{"_id": "415262", "title": "", "text": "Rent doesn't give you any ownership in a property, so is largely irrelevant here. If you were paying rent after the death of your parents, that money would go to the owners of the house (which may include you). Similarly, whether or not someone was evicted is completely irrelevant. If the will specifies how the estate should be divided, that's what's relevant here. You seem to imply that the house was left to 10 people. Barring specific other arrangements, the most likely case is that the house will be sold by the executrices and the proceeds divided evenly between all ten people. Again, though, it's going to depend on the specifics of the will. There are many possible cases where you may end up with nothing. For example, if there are a lot of debts, these must be paid off before dividing up the money from the sale of the house. If you are not getting the answers you need from the executrices, you need to consult a lawyer."}
{"_id": "415281", "title": "", "text": "I agree that high volatility just means the underlying stock price fluctuates more, and it does not imply if the stock is going up or down. But a high volatility in the price of an underlying also means that there is a higher chance that the underlying price could reach extreme prices (albeit in either direction). However, if you purchased a call option then if the underlying price reached an extremely high value, then you will be richly rewarded. But if the underlying price reached an extremely low value, you won't lose any more than the initial premium that you paid. There is no additional risk on your side, it's capped to the premium that you paid for the call option. It's this asymmetric outcome (Heads - I win, Tails - I don't lose) combined with high volatility that means that call options will increase in value when the underlying price becomes more volatile. If the optionality wasn't there then the price wouldn't be related to the volatility of the underlying. But that would be called a Future or a Forward :-)"}
{"_id": "415290", "title": "", "text": "Went to UCSB and graduated in 2011. It's a good school, but if you are in economics (was business economics, but recently changed) you are severely under prepared for finance. Like slfk... said you really need the internships/experience with excel to be functional in the industry.  In my interviews (analyst level) it was my internship in a completely different industry that I worked while in my final quarter at UCSB that set myself apart. One of the things I did there ended up being very similar to a key aspect of what they do. I had just internship experience, no job prior and was chosen over people with 2-3 years of experience.  That being said having an internship that is just for the resume will not help you. You need to try to make sure the internship isn't a paper pushing one and that they are truly giving you work that will advance your skills/ something you are interested in. It will also help you in the interview process if you like what you do because it will flow more naturally than if you are making stuff up on the spot.  Lastly, I want to emphasize NETWORK. This is the most important thing you can do. You need to take any advantage you have and run with it. If you exhausted all avenues through networking, try to speak with someone. This will give you a better shot than submitting a bunch of applications online.   You are still early on in school and it's good you are being proactive, but make sure junior year to try and line something up or do a lot of independent work with excel. They can teach you a lot of the other stuff, but don't want to have to hassle with teaching the basics."}
{"_id": "415292", "title": "", "text": "\"From a financial point of view: If your savings are 'free' (you don't expect to need it in the near future): pay off the loan completely. You say you feel a little hesitant, and this I understand. \"\"What if you unexpectedly do need that cash in the near future?\"\"  A simple solution is to pay off the loan in 4 or 6 steps, say each other month. This way you mitigate the risk of regret.\""}
{"_id": "415309", "title": "", "text": "FBAR should be filed if total balance of all your foreign accounts is more than $10000 any time during the year (even if only for one day). My TurboTax handled that well last year, including filling the FBAR for me. Shouldn't be an issue, just don't forget to file it (not with your IRS package, it goes to a different place), if you need to. On the tax forms (1040 Schedule B, Part III) you should check a checkbox that you have a foreign bank account."}
{"_id": "415312", "title": "", "text": "Your best bet is probably to limit the amount of money in the account. If there is never more in there than he would normally spend in a month, that limits the losses. I am curious why he writes cheques. Most people I know write only a few a year. Simply having another person hold the chequebook for him, and bring it to him when it's needed, wouldn't be a big deal for the people I know. Say he pays bills twice a month and needs it then, fine, but why does he need it when he's just going for a walk? But if this would be an argument then just move most of the money into an account he can't write cheques against, and put each month's expenses into the chequing account each month."}
{"_id": "415329", "title": "", "text": "\"One thing that's often overlooked is that cash reserves are also a long-term investment.  Anything can be a long-term investment if it's expected to appreciate or pay interest/dividends.  So it's not either/or.  Stocks are but one way to do long-term investments. Having said that, taking on less debt for a consumer good is never a bad idea.  Your primary residence is a consumer good, regardless of those who would say that \"\"your home is your biggest investment.\"\"  So, there's my vote for a larger down-payment. Beyond that, a couple of outside-the-box comments:\""}
{"_id": "415336", "title": "", "text": "I would not pay for anything on LinkedIn. I have read that once you give them your credit card, it is VERY hard to unsubscribe. Read the reviews about that online. They are not good.  I believe in LinkedIn and feel you can benefit a lot from it. If you don't have a profile you are limiting yourself because all employers are searching prospective employees online and the more positive info about you out there, the better. You control what is on LI."}
{"_id": "415340", "title": "", "text": "&gt; \u201cAny time you split a portfolio up \u2014 whether it be a credit portfolio or a trading book portfolio \u2014 you lose the benefits of diversification that allow you to reduce the capital you hold against it,\u201d said Mr Austen. &gt;   Just to amplify this a little. Banks like diversification but you can only diversify within a reporting entity. At the moment, most banks have a single EU wide reporting entity so thay are free to combine trade and credit exposures. With a mandated split, they will be forced to split the pot between the UK and the EU entities as each must look healthy."}
{"_id": "415345", "title": "", "text": "Whether to employ a payroll service to handle the taxes (and possibly the payroll itself) is a matter that depends on how savvy you are with respect to your own taxes and with using computers in general. If you are comfortable using programs such as Excel, or Quicken, or TurboTax, or TaxAct etc, then taking care of payroll taxes on a nanny's wages all by yourself is not too hard.  If you take a shoebox full of receipts and paystubs to your accountant each April to prepare your personal income tax returns and sign whatever the accountant puts in front of you as your tax return, then you do need to hire a payroll service. It will also cost you a bundle since there are no economies of scale to help you; there is only one employee to be paid."}
{"_id": "415353", "title": "", "text": "I would say, does the tv work?  Will I get it at a discount?  Sure, I will take it.    You are trying to assign human emotions to an animal that simply does not have them.   If you were to beat me, sure it would be mean, however, I am a human being, capable of thoughts and emotions that the turkey simply cannot.  More to the point, the turkey is only brought into this world for a singular purpose.  To be eaten.  To be killed and eaten.    Do you not eat turkey?  Do you not eat beef?  If you did neither, then your argument might sway me, but as the majority of folks do both, how that the same person that enjoys a turkey dinner, then say, oh, you have to be nice to that turkey, before you kill it, I stuff it, and then eat it?    It just does not make any logical sense to me."}
{"_id": "415392", "title": "", "text": "The store near me really sucks. I'll admit I haven't been to many other Best Buys in a few years as it's not really the area of retail real estate I've been involved in, but the two in my area are always a disaster. I've had Dynex cables fail three times on me when they're basically plugged in once and and never moved, and the stores near me never have any cheap phone cables in stock, only 2/20 and it's the exorbitantly expensive 3rd party ones that nobody wants. It's not a slight against you but all of the major big box retailers are like this. Walmart, Target, Best Buy, Fry's Electronics (great deals but the worst customer service) etc"}
{"_id": "415394", "title": "", "text": "\"I've looked around for a while and found one at Broadway Federal Bank. I opened one up last year and will most likely be renewing it if the rates stay fairly competitive. Here are the features: I think it's a great alternative to a savings account because the ability to withdraw at any time defeats the purpose of \"\"saving\"\". By getting penalized to withdraw with this CD, you are discouraged from withdrawing and hence, actually save. The biggest downside is that they are a fairly small community bank and only have branches in Los Angeles. They also only have three branches in total and do not have ATM's that you can make deposits into aside from the ones outside of their branches.However, you can open an account online and and make electronic deposits. Hope this helps.I included their website below. www.broadwayfederalbank.com\""}
{"_id": "415408", "title": "", "text": "This is called a fraudulent conveyance because its purpose is to prevent a creditor from getting repaid. It is subject to claw back under US law, which is a fancy way of saying that your friend will have to pay the bank back. Most jurisdictions have similar laws. It is probably a crime as well, but that varies by jurisdiction."}
{"_id": "415419", "title": "", "text": "While quality links sometimes come through those sources they're usually just reformatted content that will get posted from other sources.  Without heavy handed actions Reddit would become nothing but a portal for a handful of popular websites that just exploit the system for page views."}
{"_id": "415425", "title": "", "text": "She can find a landlord that doesn't do credit checks.  Maybe on Craigslist?  She may end up paying more, have a bigger security deposit, etc. She can get someone else (not you) to sit her down and explain to her frankly that she's messing things up for herself and her children by being a poor manager of her finances.  As her credit score improves, more opportunities will open up for her. Co-signing the loan is an option, but I do think you're wise not to do that."}
{"_id": "415432", "title": "", "text": "On average, you should be saving at least 10-15% of your income in order to be financially secure when you retire.  Different people will tell you different things, but really this can be split between short term savings (cash), long term savings (401ks, IRAs, stocks & bonds), and paying down debt. That $5k is a good start on an emergency fund, but you probably want a little more.  As justkt said, 6 months' worth is what you want to aim for.  Put this in a Money Market account, where you'll earn a little more interest but won't be penalized from withdrawing it when its needed (you may have to live off it, after all). Beyond that, I would split things up; if possible, have payroll deductions going to a broker (sharebuilder is a good one to start with if you can't spare much change), as well as an IRA at a bank. Set up a separate checking account just for rent and utilities, put a month's worth of cash in there, and have another payroll deduction that covers your living expenses + maybe 5% put in there automatically.  Then, set up automatic bill payments, so you don't even have to think about it.  Check it once a month to make sure there aren't any surprises. Pay off your credit cards every month.  These are, by far, the most expensive forms of credit that most people have.  You shouldn't be financing large purchases with them (you'll get better rates by taking a personal loan from a bank). Set specific goals for savings, and set up automatic payroll deductions to work towards them.  Especially for buying a house; most responsible lenders will ask for 20% down.  In today's market, that means you need to write a check for $40k or $50k.  While it's tempting to finance up to 100% of the property value, it's also risky considering how volatile markets can be.  You don't want to end up owing more on the property than it's worth two years down the road. If you find yourself at the end of the month with an extra $50 or so, consider your savings goals or your current debt instead of blowing it on a toy.  Especially if you have long term debt (high balance credit cards, vehicle or property loans), applying that money directly to principal can save you months (or years) paying it back, and hundreds or thousands of dollars of interest (all depending on the details of the loan, of course). Above all, have fun with it :)  Think of your personal net worth as you do your Gamer score on the XBox, and look for ways to maximize it with a minimum of effort or investment on your part!  Investing in yourself and your future can be incredibly rewarding emotionally :)"}
{"_id": "415433", "title": "", "text": "I like the answer given by mikeazo. If paid in cash would you immediately buy the stock of the company? We all want to be the next Steve Jobs (or Woz), but the truth is that a Jobs comes along only once in a lifetime and chances are that you are not him.  We have seen this kind of question here before. Search the site for the answers given previously."}
{"_id": "415475", "title": "", "text": "&gt;An Executive Director is appointed by the Board of Commissioners to deal with day-to-day operations and to execute the Port Authority's policies. In May 2008, Christopher O. Ward became the Executive Director of the Port Authority, after being **nominated** by New York Governor David Paterson.[25]  The Board appoints the Executive Director. The boards are appointed by the governors. And Chris Christie is a Republican."}
{"_id": "415511", "title": "", "text": "Dividends. There are blue chip companies that have paid and raised their dividends for 20 or more years. As an example: Altria (MO). There are also ETFs that specialize in such stocks such as SDY."}
{"_id": "415514", "title": "", "text": "\"You need one \"\"company file\"\" for each company that you want to track through QuickBooks.  Looks like, in your case, that is at least the PM and the PH (as you labeled them in your question).  The companies that just hold property and pay utilities might be simple enough that you don't need the full power of QB, in which case you might just track their finances on a spread sheet.  Subsidiary companies will probably appear as \"\"assets\"\" of some sort on the books of the parent company. This set-up probably does limit liability at some level, but it's going to create a lot of overhead for your that incurs some expense either in your time or in actual fees paid.  You should really consider whether the limitations on liability balance against those costs. (Think ahead to what you're going to do when you have to file taxes on this network of companies, whether you need separate insurance policies for each instead of getting one policy covering multiple properties, etc.)\""}
{"_id": "415516", "title": "", "text": "Even if you avoid the issue of the auto dealer wanting to limit the abuse of their policy, you have to realize that the discount they give is 25% off of some stated price. It might be 25% off the sticker. They don't want to lose money, the 25% represents the haggling they avoid by selling to the employee. This means the discount might not be as large as you imagine, because you wouldn't have paid sticker if you had purchased the vehicle on your own. The other issue you will have to deal with is taxes and registration. When your friend drives the car off the lot, the car will have to be registered with the state. Then they will have to sell the car to you, and that transaction will have to be done though the state, for a price. Then you will sell it to somebody else. These transaction fees will cut into your profits.  It is likely that when the potential purchaser runs a VIN check through a service it will show multiple owners, which can cut the estimated resale value. The manufacturer will also have to be notified so that all the relevant warranty coverage is still intact.  The question is for that final sale: can you offer enough discount compared to the new car dealer? and still make enough profit to be worth the hassle?"}
{"_id": "415531", "title": "", "text": "You're not going to be an assistant to his financial matters, more like an Executive Assistant (look up this position). You'll be responsible for his scheduling, booking flights, getting lunch, doing general administrative stuff, etc...   You just need to be social, organized, meticulous, and very detail oriented."}
{"_id": "415538", "title": "", "text": "My shocking suggestion would be to not bandwagon onto knee jerk first idea that popped into the op's head actions. Instead... Why not put the most knowlageable people on the issue, give them time to make a proposal. I am thinking quants and the folks that know the issues inside and out.   Drives me up a wall that we have phds serving coffee and we still try and fix complex issues by racing to blurt out the first and loudest brainfart.   Anyway, my brainfart might be not a tax. A randomized  time delay based on typical trade execution might work. Small enough to be unnoticed by distant traders but enough to level the playing field.   But again I would rather the answer didnt come from idiots such as myself and the op. I think the exchanges have some motivation to adress the issues. I hope they put the smartest folks available on it"}
{"_id": "415569", "title": "", "text": "\"What decision? Like what's a decision are you pointing to? All you are saying is generalities and not.helpful to understanding where GE went wrong. It's just the usual \"\"the execs are to blame\"\"  &gt; every relevant decision in the business falls on an executive whether they take it directly or not.   Are you saying that the individual workers decisions are the reason the individual workers are being laid off?\""}
{"_id": "415574", "title": "", "text": "So does Japan's.  Japan Post is a bank as well as a post office.  Which is something that would be a big boost to low income people who may have difficulty opening bank accounts.  USPS bank accounts could be a kind of default for people to choose where their paychecks are deposited, allowing people to avoid those awful, awful check cashing sharks.  Of course, the check cashing sharks have plenty of money to lobby against this, so it won't happen anytime soon."}
{"_id": "415586", "title": "", "text": "&gt; it all comes back to food/farming  was reading the WSJ this morning, interview with COO of Monsanto and the subject was food / GM seeds versus conventional.  he noted...  take an apple, cut it into 36 equal pieces.  one piece represents all food production labor/capital.  the skin of that piece = all the top soil in the world  BTW, that COO is a farmer's son who started as a salesman in the company"}
{"_id": "415616", "title": "", "text": "Regarding investing in gold vs. stocks, I don't think I could say it better than Warren Buffett: You could take all the gold that's   ever been mined, and it would fill a   cube 67 feet in each direction. For   what that's worth at current gold   prices, you could buy all -- not some   -- all of the farmland in the United States. Plus, you could buy 10 Exxon   Mobils, plus have $1 trillion of   walking-around money. Or you could   have a big cube of metal. Which would   you take? Which is going to produce   more value?"}
{"_id": "415629", "title": "", "text": "We are passionate about people and making a positive change in the lives of our members through our Matchmaking Service. If you're single, relationship oriented and searching for someone likeminded, then you're at the right place. MatchVIP has the largest active database of Gauteng singles and has been operational in Pretoria andJohannesburg since 2009. Some advantages of making use of our professional dating service:"}
{"_id": "415637", "title": "", "text": "\"I once was praised by a manager during my review for using the word  \"\"proactive\"\" on my resume. That was back in the nineties. How little has changed.   This is the same manager who admitted to me and half a dozen other employees under his wing that the only reason he was a manager was because of his ass-kissing ability. And it didn't bother him one bit. We were dumbstruck.  So, ridiculous as these cliches may seem to people who like to make sense, in the business world it holds some truth.\""}
{"_id": "415649", "title": "", "text": "While this question Can I get a rebate after using my HSA? mentions Health savings account the answer is still applicable. Go to the website for the plan administrator. They will either have a form to put the money back into the account, or they will have a contact number. In the past when I had an FSA I did this.  In one case I remember the doctor told us the bill would be X, but when they submitted the claim to the insurance the final bill was less than X so the doctor's office sent us the extra back. I was able to return the money back to the FSA administrator following their procedure.  Your situation is not unusual, accidental transactions happen all the time."}
{"_id": "415655", "title": "", "text": "It is not ! Of course you can transfer your monies to your account in another country.  Its a different story if you were doing it for someone else and if the the money was not legitimate - then it would shade off into money laundering."}
{"_id": "415661", "title": "", "text": "\"Yeah go ahead and try and back your claim up with a source. You aren't going to find anything to support your position, meanwhile nearly every review of who pays and who receives government assistance shows most of the south as a giant money sink.  Judging by the fact that you have negative comment karma and use such comments as \"\"beta cuck\"\" im going to assume you are legally retarded and likely require special assistance to stay alive.\""}
{"_id": "415670", "title": "", "text": "\"nicodiangelo16.blogspot.com \u2014 Tired of falling for business opportunities and franchises that don't live up to their promises? Try our revealing reviews - unique forensic analyses that expose the good, the bad and the ugly This site is financed by you, instead of by biz opp ads and commission links You pay us to be unbiased - so we are \"\"It's the only unbiased info on the market that I've come across.\"\"Carl, Business Opportunity Watch member since 2005 Review of SHARON FUSSELL SOLD DISPATCH NOW GOLD Make money selling books on Amazon Canonbury Publishing Sharon Fussell Sold Dispatch Now Gold Review extract from: August 2009 BUSINESS OPPORTUNITY WATCH Issue No. 30 Buy the Sharon Fussell Sold Dispatch Now Gold Review for \u00a33 or Members Only Area - Free Trial - Read All Reviews Extract from review of Sold Dispatch Now Sharon Fussell: Sharon Fussell says that her Sold Dispatch Now Gold business \"\"is as simple as buying books for pennies from easy-to-find sources - and then reselling them on for huge profits\"\". She says you can make \u00a3200 to \u00a3300 every week with Sold Dispatch Now Gold and \"\"you can set it up in just 10 minutes!\"\", it's not hard work and you don't need computer experience. You don't need a lot of books either - according to Sharon Fussell, a stock of 500-600 books means that you can sell 25 per week and make \u00a36,000 a year. You just buy the books from easy-to-find sources (she tells you how) and list them for sale on Amazon. Sharon Fussell has been following the Sold Dispatch Now Gold system for three years and she now has a turnover of \u00a326,741 a year. She's given up her old day job. The Sold Dispatch Now Gold manual costs \u00a377 and it does come with a CD Rom demonstration of how Sharon Fussell operates her business and it includes her email support and a 28-day no-quibble money back guarantee. Is it really that easy to make \u00a3200 to \u00a3300 a week? We sent the company a number of questions ........ (review continues) Discover the truth about Sharon Fussell's Sold Dispatch Now.\""}
{"_id": "415680", "title": "", "text": "Is it a bank account or something? If so, talk to yor bank. Usually they could give you your money back, as long as you have proof that you have been hacked. Otherwise, ring their after hours number so that they could cancel/lock all your accounts. Hope that helps."}
{"_id": "415683", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.marketwatch.com/story/this-is-what-freaks-american-workers-out-the-most-about-robots-2017-10-04) reduced by 83%. (I'm a bot) ***** &gt; Most Americans expect these advancements to have a negative impact on both the workforce and the U.S. economy, according to a new survey of more than 4,100 people in the U.S. released Wednesday by the Pew Research Center, a think tank in Washington, D.C. Perhaps surprisingly, ome 67% of people are worried rather than enthusiastic about algorithms evaluating and choosing job candidates.  &gt; 72% of Americans are worried about robots replacing human jobs - more than double the share that is enthusiastic.  &gt; The better a job pays, the less likely it is to be replaced by automation: There&amp;#039;s an 83% chance that automation will replace a job that pays $20 an hour or less, a White House report released last year concluded.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74br2c/american_job_hunters_are_now_worried_that_robots/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~222193 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **robot**^#2 **human**^#3 **automation**^#4 **replace**^#5\""}
{"_id": "415684", "title": "", "text": "\"Well, they don't \"\"make\"\" money in the sense of income, but they receive money in exchange for shares of stock (more of the company is owned by the public).  The Warrant entitles the holder to purchase stock directly from the company at a fixed price.  It is very much like an open-market call option, but instead of the option holder buying stock from a third party (which does not affect the company at all), the holder buys it directly from the company, increasing the number of shares outstanding, and the proceeds go directly to the company. If the holders do not exercise the warrants, the company does not receive any cash, but they also don't issue any new shares.\""}
{"_id": "415700", "title": "", "text": "It's been particularly low the past couple months though... and I'm talking futures a couple months out too.  5 years is about the cycle length for significant VIX change too.  I do believe though that the prominence of algo trading and other high speed trading has made prices less volatile though.  But at this level and, more importantly, with so many people short VIX: it's a bit worrisome here."}
{"_id": "415705", "title": "", "text": "\"Firstly \"\"Most option traders don't want to actually buy or sell the underlying stock.\"\" THIS IS COMPLETELY UTTERLY FALSE Perhaps the problem is that you are only familiar with the BUY side of options trading. On the sell side of options trading, an options desk engages in DELTA HEDGING. When we sell an option to a client. We will also buy an appropriate amount of underlying to match the delta position of the option. During the life time of the option. We will readjust our hedge position whenever the delta changes (those who follow Black Scholes will know that normally that comes from (underlying) price changes). However, we lose money on each underlying change (we have to cross the bid-ask spread for each trade). That is why we lose money when there is volatility. That is why we are said to be \"\"short VEGA\"\" or \"\"short volatility\"\". So one way to think about \"\"buying\"\" options, is that you are paying someone to execute a specific trading strategy. In general, those who sell options, are also happy to buy options back (at a discount of course, so we make a profit). But when doing so, we need to unroll our hedging position, and that again incurs a cost (to us, the bank). Finally. Since this is \"\"money\"\" stackexchange rather than finance. You are most likely referring to \"\"warrants\"\" rather than \"\"options\"\", which are listed on stock exchanges. The exchange in most regions give us very specific and restrictive regulations that we must abide by. One very common one is that we MUST always list a price which we are willing to buy the warrants back at (which may not be an unreasonable spread from the sell price). Since an Option is a synthetically created investment instrument, when we buy back the Option from the investor, we simply unwind the underlying hedging positions that we booked to synthesize the Options with. Source: I've worked 2 years on a warrant desk, as a desk developer.\""}
{"_id": "415708", "title": "", "text": "Excelsior motorcycle is the best two wheeler in the world. We provide all the motorcycle spare parts repair and maintenance services.  Our organization provides the great offer the Excelsior motorcycle spare parts. Therefore, we sell the online motorcycle spare parts. Excelsior took advantage of the popularity of the racing clubs and put competitions riders on the payroll. If you need any information on this motorcycle, then please get in touch with him on the website."}
{"_id": "415717", "title": "", "text": "Smaller markets can actually be more volatile so it's not a good idea to lower Graham's criteria for them. The only real adjustment possible is inflation adjustment. $100 million in 1973 United States works out to $500 million today based on the difference in CPI/Inflation from 1973. This number will be different for other markets where the rate of inflation since 1973 has been different. So the real question to ask is - what is to $100 million in the United States in 1973 worth today in your market? Source: http://www.serenitystocks.com/how-build-complete-benjamin-graham-portfolio"}
{"_id": "415718", "title": "", "text": "GlobalTradeConnect is the first leading trade network company in the world, which brought together over million businesses to increase the levels and quality of trade. We are the uniqueB2B marketplace for ISO certified companies. There are many manufacturers and sellers are attracted to a business to business marketplace because of our website they might offer their product and services.Buyer is already looking for new products, we hope all our registered sellers will make more customer through our company website."}
{"_id": "415719", "title": "", "text": "&gt;Please. There's virtually no place you can't hide a private key..... virtual or otherwise.  I'm pretty sure that's exactly what I said didn't matter... the reach of the law extends to your person and tangible property. Your home, possessions, misc assets and most of all *you* can be hauled off. At least though, through it all you can draw comfort from knowing your private key is safe. Or something."}
{"_id": "415737", "title": "", "text": "\"There are two ways that \"\"joint\"\" accounts work in most US states... an authorized user or a joint tenant. For banks with older online systems, the first named user controls the online account. My wife and I have an account with a bank like this, and we use the account number as the username. Newer systems separate your identities from your accounts. If you are not married, you really need to be cautious about keeping money in accounts where you are joint tenants, as there are very real financial and tax risks associated with doing that. Once money is deposited into the account, you both have full ownership rights on the money in the account. Also, you can get into a situation where you could have a gift tax liability.\""}
{"_id": "415738", "title": "", "text": "In this case the market interest rate is the discount rate that sets equal the market price (current value) of the bond to its present value. To find the market interest rate which is also referred to as promised yield YTM you would have solve for the interest rate in the bond price formula A market price of bond is the sum of discounted coupons and the terminal value of the bond. Most spreadsheet programs and calculators have a RATE function that makes possible finding this market interest rate. First see this for finding a coupon paying bond price The coupon payments are discounted so is the par value of the bond and sum of such discounts is the market price of the bond. The TVM functions in Excel and calculators make this possible using the following equation Let us take your data, 9% $100,000 coupon with 5 years remaining to maturity with market interest rate of 10%. Bonds issued in the US mostly pay two coupons per year. Thus we are finding the present value of 10 coupons each worth $4500 and par value of $100,000. The semi-annual market interest rate is 10%/2 or 5% The negative sign indicate money going out of hand Now solving for RATE is only possible using numerical methods and the RATE function is programmed using Newton-Raphson method to find one of the roots of the bond price equation. This rate will be the periodic rate in this case semi-annual rate which you have to multiply by 2 to get the annual rate. Do remember there is a difference between annual nominal rate and an annualized effective rate. To find the market interest rate  If you don't have Excel or a financial calculator then you may opt to use my version of these financial functions in this JavaScript library tadJS"}
{"_id": "415745", "title": "", "text": "\"Many answers here have given what look to be useful perspectives on your question.  I want to point out an interesting technical issue. If an employer contracts with an insurer, it agrees to cover all employees (or all that fill some pre-specified definition and no one else), and to offer only a limited range of options. If you buy insurance directly, you obviously have a huge range of choices, including the (technically illegal) one of no insurance at all. Your first thought is probably, \"\"Hey, that's great! More options, more chances to pick the plan that's right for me.\"\" Sorry, no.  Yes, you have more options, but so does everyone else. If you are working for some large company, you get insurance, period. If you suspect you have an expensive health condition, you cannot buy more insurance; if you believe yourself to be healthy as a horse, you cannot get skimpier insurance and pocket the difference.  Healthy people and sick people are all in the same predictable pool. If you buy insurance freely, the insurer knows that the sicker you are, the more likely you are buy insurance, a phenomenon called adverse selection.  As a result, the premiums (fees) a person buying his own insurance pays are much higher, because most of his fellow policy-holders are sickly -- even if he himself is just risk-averse. On the other hand, if you are risk-neutral, if you can survive a $10,000 bill if it happens to arise, you can save big by finding the skimpiest imaginable insurance, where all your fellow policy-holders will be hale and healthy people like yourself.\""}
{"_id": "415772", "title": "", "text": "As others have pointed out in comments and answers, the 6 withdrawal limit was based on Regulation D. Banks/credit unions that offer checking-account based HSAs do exist, with no limit on the number of withdrawals (at least according to information given to me over the phone -- I didn't check the disclosure brochures). Concrete examples (I can't vouch for any of these, just found them in my research):"}
{"_id": "415799", "title": "", "text": "Yah, the MFE degrees can be a mixed bag. In general, these programs are improving and if you can get into a program like NYU, UCB or Carnegie Melon, then by all means I would recommend going. Your placement from an MFE program will be based on two things 1) Who your program director knows on Wall St. 2) Whether you are a foreign national. If you want to get a job in America as a MFE grad, you're facing an uphill battle compared to your American counterparts (unless you go to NYU, UCB, Carnegie Melon and maybe MIT or Chicago).  If you decide to get a PhD it will be in: Physics, Math, Computer Science or Economics. Furthermore, you will pretty much be restricted to a research quant role for the duration of your career. Most of these guys end up doing experimental/cutting-edge risk analysis and derivatives pricing for the middle office. There's always exceptions to this rule; and the CS guys will largely be back-office trading system engineers.  If you have interest in being a trader (the most lucrative Wall St. position outside of executives/managers) or a buy-side investment manager, then there's no need to go beyond an MSF/MSFE. At this point, it's more a matter of who you impress and who you know that will get you where you want to be.  If you want to do sell-side, front office or M&amp;A, then go get an MBA."}
{"_id": "415811", "title": "", "text": "Pretty sure we used to hang out haha. This is exactly my experience, too! Their food is garbage, but when you're already drunk, it turns into delicious garbage.  Ah, now I'm feeling nostalgic for those Long Islands and pretzel sticks!"}
{"_id": "415815", "title": "", "text": "If you made a contribution to a Traditional IRA for Year X (whether made during Year X or made in Year X+1 before the due date of your tax return for Year X), then you can withdraw the contribution and any gains on that contribution  by the due date of your tax return. If the contribution was deductible, then of course you must not take a deduction for it in on your tax return for Year X (or any other year for that matter). As for the gains (if any) that were withdrawn, they are taxable income to you for Year X (not X+1, even if the withdrawal occurred in Year X+1). Publication 590a says You generally can make a tax-free withdrawal of contributions if you do it before the due date for filing your tax return for the year in which you made them. This means that, even if you are under age 59-1/2, the 10% additional tax may not apply. and later in the same Publication If you have an extension of time to file your return, you can withdraw them tax free by the extended due date. You can do this if, for each contribution you withdraw, both of the following conditions apply.   -  You did not take a deduction for the contribution.   - You withdraw any interest or other income earned on the contribution. You can take into account any loss on the contribution while it was in the IRA when calculating the amount that must be withdrawn.    If there was a loss, the net income earned on the contribution may be a negative amount. Later, the document says You must include in income any earnings on the contributions you withdraw. Include the earnings in income for the year in which you made the contributions, not the year in which you withdraw them. and The 10% additional tax on distributions made before you reach age 59-1/2 does not apply to these tax-free withdrawals of your contributions. However, the distribution of interest or other income must be reported on Form 5329 and, unless the distribution qualifies as an exception to the age 59-1/2 rule, it will be subject to this tax. Since you have a loss on the contributions that you are withdrawing, there is no interest or other income that needs to be reported."}
{"_id": "415817", "title": "", "text": "I don't necessarily think anyone strives to be a one-man shop. But he makes an excellent point about the mentality of the business owner.  You get a type-A personality running the show and they want to do everything or micromanage because they feel they do it better.  A business can only grow so big with that mentality--I've seen it first-hand too many times."}
{"_id": "415831", "title": "", "text": "A childhood friend just had his sentencing hearing the other day after pleading to robbing 2 banks 5 times over the span of 11 months.  He only cleared $34k and now he's going away for 7.5 years, best case scenario."}
{"_id": "415846", "title": "", "text": "Now I don't know the history of banks but from the overall idea of a bank, it seems like they were created to help people organize and have control of their money. I think they've changed a lot, and every company is out to make money, but the bottom line is that they're there for you. You don't have to use a bank if you don't want to (though it may be difficult to get through life without doing so).  Lol why would I get downvoted, that doesn't make any sense."}
{"_id": "415862", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://cep.lse.ac.uk/pubs/download/ea038.pdf) reduced by 97%. (I'm a bot) ***** &gt; Chronic underinvestment in skills, infrastructure and innovation has held back growth in the UK. A successful modern industrial strategy should combine economy-wide policies - such as ensuring schools are adequately resourced and stimulating investment in infrastructure or R&amp;D - with more focused sector or place-based policies that seek to address specific market failures that hold back growth.  &gt; Policies for sectors There are cases where firms are affected by sector specific barriers to growth that can be addressed by government policy.  &gt; The Liberal Democrat policy of &amp;#039;use it or lose it&amp;#039; months of parental leave for fathers is likely to be an effective policy for encouraging sharing of childcare responsibilities between parents, and helping mothers to return to work.19 The Conservatives&amp;#039; strict immigration targets are likely to be damaging for the UK skills base, business and the research community.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejcot/lse_the_uks_new_industrial_strategy_pdf/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133543 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **policy**^#1 **Strategy**^#2 **sector**^#3 **investment**^#4 **Industrial**^#5\""}
{"_id": "415876", "title": "", "text": "I am with Joe.   Just doing some rough budgeting you should be able to swing 2-2.5K per month.  Here is how I got that: You gross 60K, 5k per month.  75% of rent ~1000, 75% of 600 for groceries 450, 75% of 400 for utilities 300, 500 student loan.  5000-1000-450-300-500=2750.  Deduct another 250 for gas, car repairs, clothes, hair cuts and you have 2500.  What else are you doing with your money? This is with no help from your partner.  I'd ask the same of him, what is he doing with all of his money?  He makes 66% of what you do, but is only responsible for 25% of the bills.  Combined you could be rocking this at like 5K per month.  This is with not working an extra job.   Being a victim is a choice, you can win with money."}
{"_id": "415887", "title": "", "text": "There is no reason to roll an option if the current market value is lower than the strike sold. Out-of-the-money strikes (as is the $12 strike) are all time value which is decaying constantly and that is to our advantage. If share price remains below the strike, the option will expire worthless, you will still have your shares and free to sell another option the Monday after expiration Friday. If share price is > $12 on expiration Friday and you want to keep those shares, you can roll out or out-and-up depending on your outlook for the stock. Good luck, Alan"}
{"_id": "415895", "title": "", "text": "Leesburg Dog Training by Canine Dimensions--To properly train a dog usually requires professionals to help you do it the right way. Dog training is a great way to have your dog behave, listen, get along with others, and become obedient. With the right dog training from Canine Dimensions you will be able to enjoy your dog for the rest of your life."}
{"_id": "415899", "title": "", "text": "The only caveat I'd give is that I'd be sure of eligibility to make those contributions. The IRS article Amount of Roth IRA Contributions That You Can Make for 2012  has a chart for AGI limits for specific years."}
{"_id": "415912", "title": "", "text": "Lanyard Solutions offers cheap custom printed lanyards in Australia with the highest quality products at the lowest possible prices. Lanyard Solutions has a combined 15 years of experience in the lanyards and conference supplies industry to serve all of your needs. Visit http://www.lanyardsolutions.com.au/blog.aspx for more information about their services."}
{"_id": "415915", "title": "", "text": "\"SIPC is a corporation - a legal entity separate from its owners. In the case of SIPC, it is funded through the fees paid by its members. All the US brokers are required to be members and to contribute to SIPC funds. Can it go bankrupt? Of course. Any legal entity can go bankrupt. A person can go bankrupt. A country can go bankrupt. And so can anything in between. However, looking at the history of things, there are certain assumptions that can be made. These are mere guesses, as there's no law about any of these things (to the best of my knowledge), but seeing how things were - we can try and guess that they will also be like this in the future. I would guess, that in case of a problem for the SIPC to meet its obligation, any of the following would happen (or combinations): Too big to fail - large insurance companies had been bailed out before by the governments since it was considered that their failure would be more destructive to the economy than the bailout. AIG as an example in the US. SIPC is in essence is an insurance company. So is Lloyd's of London. Breach of trust of the individual investors that can lead to a significant market crash. That's what happened in the US to Fannie Mae and Freddie Mac. They're now \"\"officially\"\" backed by the US government. If SIPC is incapable of meeting its obligation, I would definitely expect the US government to step in, even though there's no such obligation. Raising funds through charging other members. If the actuary calculations were incorrect, the insurance companies adjust them and raise premiums. That is what should happen in this case as well. While may not necessarily solve a cashflow issue, in the long term it will allow SIPC to balance, so that bridge loans (from the US government/Feds/public bonds) could be used in between. Not meeting obligations, i.e.: bankruptcy. That is an option, and insurance companies have gone bankrupt before. Not unheard of, but from the past experience - again, I'd expect the US government to step in. In general, I don't see any significant difference between SIPC in the US and a \"\"generic\"\" insurance coverage elsewhere. Except that in the US SIPC is mandatory, well regulated, and the coverage is uniform across brokerages, which is a benefit to the consumer.\""}
{"_id": "415946", "title": "", "text": "In the equity markets, the P/E is usually somewhere around 15.  The P/E can be viewed as the inverse of the rate of a perpetuity. Since the average is 15, and the E/P of that would be 6.7%, r should be 6.7% on average. If your business is growing, the growth rate can be incorporated like so: As you can see, a high g would make the price negative, in essence the seller should actually pay someone to take the business, but in reality, r is determined from the p and an estimated g. For a business of any growth rate, it's best to compare the multiple to the market, so for the average business in the market with your business's growth rate and industry, that P/E would be best applied to your company's income."}
{"_id": "415947", "title": "", "text": "\"the whole notion that a central banker must be independent of the government force is fuking insane. No, this is precisely borne out as I posted above by dozens of economies over hundreds of years. [Here is but one study from many](people.ucsc.edu/~walshc/MyPapers/cbi_newpalgrave.pdf) demonstrating this quite clearly. Unless you have some peer reviewed evidence then let's note your opinion as such and move on.  Letting politicians dictate monetary policy has been terrible where it has been tried for the reasons I gave above: letting a politician print money makes that politician get votes, but leads to massive inflation and unemployment. Your ignorance of actual evidence and cries to \"\"Nationalize the FED\"\" will most likely work out much worse than the current system, as demonstrated many times in research including the above.\""}
{"_id": "415948", "title": "", "text": "Windows 8 and server 2013 rock, after you revert the ui to be the same as 7.   The managers who thought forcing a touch UI to every platforms including those without touch were seriously deranged.  Don't use office because VI+LaTeX works better for me! Makes MS tons of money."}
{"_id": "415950", "title": "", "text": "government regulations are and have been killing off American enterprise, e.g.  The Code of Federal Regulations (CFR) is divided into **50 titles** representing broad areas subject to Federal regulation. Each Title is divided into chapters that are assigned to agencies issuing regulations pertaining to that broad subject area. Each chapter is divided into parts and each part is then divided into sections -- the basic unit of the CFR.  Those interested in a specific topic, such as Telecommunications, need only purchase a specific volume or groups of volumes that pertain to the desired topic.   A full set of the CFR consists of approximately **200 volumes**. The approximately 200 CFR volumes are revised at least once a year on a quarterly basis as follows:  [full link is here](http://bookstore.gpo.gov/catalog/laws-regulations/code-federal-regulations-cfrs-print)"}
{"_id": "415954", "title": "", "text": "As an NRI there are certain limitations as well as benefits.  Limitation in terms of holding a specified quantity of shares in company, thus the need to open new account, so that Bank can track the holding and inform regulator.  Benfits in terms of able to reptriate any amount of funds from trades in this account. In order to ease this, there are 2 Accounts NRO demat account (Non PINS): Essentially this does not automatically allow for reptration of funds [like NRE] but its more like NRO, amount upto USD 1 million per year. NRO Demat account PINS: Here you can buy fresh shares and take the proceeds out of country without any limits. So in short, you would need an NRO Demat NON PINS Account. Transfer your existing shares here. Sell whenever you like. Open a NRO Demat PINS account, if you wish to buy more with status as NRI, if you don't wish you buy, there is no need for this account."}
{"_id": "415962", "title": "", "text": "\"You need \"\"the list\"\".    Write down EVERYONE you know. EVERYONE. Like, EVERYONE. Then categorise their potential as a customer as \"\"high\"\" \"\"avg\"\" or \"\"low\"\". Then make contact with all the low hanging fruit. Most will naturally ask what you're doing, you'll tell them, and you'll plant a lot of seeds. Some will germinate soon, some will take years, some will refer, some will not.     People need to know what you can offer and the best place to start is with people you know.\""}
{"_id": "415973", "title": "", "text": "Obviously, the best thing financially would be to continue using your present car, unless it impacts you financially on a regular basis. For example, maintenance or breakdowns impacting your ability to work. An unreliable car also impacts your freedom, for example preventing you from taking road-trips you might want to take or taking up free time with maintenance. Give thought to what it is about your present car that you dislike, both to determine the value you gain from a new car and what's most important to you. Anytime you buy a car, you generally lose thousands of dollars simply driving it off the lot. This is the profit which goes to dealers, salespeople, etc... and not part of the actual value of the car. Cars also depreciate over time, with most of the depreciation happening in the first few years of operation. Many of the newer model cars have additional expenses. (For example, replacement $200 keys or electronic systems that can only be repaired at special facilities.) In addition, if you have insurance (other than the minimum third-party required by law), consider the rate increases and add up the long-term impact of that. Imagine you had invested that money instead at 8% interest over the lifetime of the car. If you don't have insurance, consider what you would do in the unfortunate situation where you were at fault in a collision. Could you afford to lose your investment? Even with safe responsible driving, there is always the potential for road/weather conditions or mechanical failures. If you determine there is sufficient value to be gained from changing vehicles, I would recommend that you buy a vehicle with history from someone privately, doing appropriate background checks and consulting friends or family who know about vehicles and can provide feedback. Do research into the models which interest you ahead of time, read online reviews. Every vehicle generally has known advantages and disadvantages which can take years to discover, so buying an older vehicle gives you the advantage of knowing what to expect. I would say there is probably a reasonable middle ground between using a 1991 vehicle you don't like (that's as old as you are) and getting a relatively new model. Look at what you value in the vehicle, consider all the costs, and find the balance that works best for you. Vehicles from 2000-2005 years are quite affordable and still 10-15 years newer than your car."}
{"_id": "415976", "title": "", "text": "The price inflation isn't a percentage, it's a fixed amount. If the dealer adds $R to the price of both the trade-in and the purchased car, then everyone ends up with the right amount of money in their pockets. So your formula should be: D + T + R = 0.1 * (P + R)"}
{"_id": "415991", "title": "", "text": "\"I do not believe there is a strong correlation between CPI (Consumer Price Index) and housing value appreciation. Take, for example, New York City which has the highest CPI in the US.  A great deal of the CPI number is skewed by Manhattan.  One can live in Brooklyn or Queens and avoid some of NYC's high CPI.  I would say that housing appreciation occurs because of the human activity in the area.  That same human activity is what drives the CPI.  There are other contributing factors, like limits on economies of scale.  You simply cannot set down a Super Walmart in much of NYC, so goods are distributed over a larger number of stores.  (Sure, NYC is a port city, but the goods are distributed within the city by trucks.) The San Francisco Bay Area is another high CPI area in the US.  Here, as well, it is the location that draws people.  While NYC is mostly about economic activity, the SF Bay Area is a mix of the draw of a great location and the economic activity that occurs due to the large number of people living there.  I know of a house in Oakland that sold for approximately $350k, in 2004/05.  It was located not too far from the \"\"Killing Fields,\"\" as they were known locally.  It was not the worst neighborhood in Oakland, but it was not very far from it.  This was for a shabby, single-story unit which I believe had 5 (maybe 6) rooms.  That is a lot of money for a house that required a lot of attention and was in a bad neighborhood.  I have no idea how the housing market is after the housing bubble, but the higher value areas had the most room to fall and many of them fell hard. Ultimately, it is supply and demand that determines the CPI and housing values.  This supply and demand is determined by the human activity in the area and some practical considerations regarding the area. A final note: If we are talking about a primary residence, it should not necessarily be looked at as an investment.  First and foremost, it is a necessity.  Second, if you need to hire people for the maintenance and/or upgrades, that will eat into your gains.  Contractors are not cheap, especially where they are in high demand.  Finally, the tax incentive is actually not that great.  Sure, you take what you can get, but its impact is relatively marginal.\""}
{"_id": "416000", "title": "", "text": "Oh I see - then yes I agree with you. Even if it was a foreign company in that situation, they should pay taxes. But in regards to the concept of repatriated profits,  that has to do with profits generated outside of the borders..."}
{"_id": "416004", "title": "", "text": "We've also had pretty freak weather throughout the US this past year doing quite a bit of damage.  If I recall correctly, there's been major flooding along the Mississippi River in Louisiana that's wiped out a good bit of rice farmland, serious drought throughout Texas (though that may be lessening of late), and a frost in Florida that took out a swath of the strawberry crop.  Now, maybe that's the sort of stuff that happens every year and people get by regardless, but still."}
{"_id": "416006", "title": "", "text": "Greetings r/finance!! I have a question regarding EBIT and the company that I work for.   The steel company I work for reported they made a profit of $1.3 billion profit. Here's the link with some more numbers:  http://www.nwitimes.com/business/local/arcelormittal-turns-billion-profit-in-second-quarter/article_606a0989-066f-5140-864d-2b04e5f4f294.html  Now I am a union worker and like everyone else in my union, we get a profit sharing check based on the company's profit and with the labor agreement we have with them we get a 7.5% cut of it.   So my question for you guys why did we recieve this piece of paper today?  https://imgur.com/gallery/pSIG3  Why is there still a $33 million dollar loss that we don't get any profit sharing?? Any and all answers or information is appreciated. Thank you for your time in advance!"}
{"_id": "416007", "title": "", "text": "A stop-loss order becomes a market order when a trade has occurred at or below the trigger price you set when creating the order. This means that you could possibly end up selling some or all of your position at a price lower than your trigger price. For relatively illiquid securities your order may be split into transactions with several buyers at different prices and you could see a significant drop in price between the first part of the order and the last few shares. To mitigate this, brokers also offer a stop-limit order, where you set not only a trigger price, but also a minimum price that you are will to accept for your shares. This reduces the risk of selling at rock bottom prices, especially if you are selling a very large position. However, in the case of a flash crash where other sellers are driving the price below your limit, that part of your order may never execute and you could end up being stuck with a whole lot of shares that are worth less than both your stop loss trigger and limit price. For securities that are liquid and not very volatile, either option is a pretty safe way to cut your losses. For securities that are illiquid and/or very volatile a stop-limit order will prevent you from cashing out at bottom dollar and giving away a bargain to lurkers hanging out at the bottom of the market, but you may end up stuck with shares you don't want for longer than originally planned. It's up to you to decide which kind of risk you prefer."}
{"_id": "416011", "title": "", "text": "The government is this countries largest monopoly and rent seeker, whose interests run divergent to our own, and which must be managed closely by the governed lest it becomes an arbitrary regime beholdent to no other authority but its own.  If you've watched congress at all, you know how quickly these people can write away the rights and privileges of their constituents.  http://work.chron.com/average-salary-government-employees-7863.html"}
{"_id": "416027", "title": "", "text": "http://www.dewithpallets.nl/europallets-inleveren  Eenmalige Pallets,Houten Pallets,Wegwerppallets,Europallets Kopen,Pallet  EPAL is het Europese statiegeld systeem voor Europallets. De EPAL normering is opgezet om de kwaliteit, afmetingen en eisen aan een europallet vast te leggen. Zo zijn er reparatienormen en productienormen voor europallets. Deze eisen zijn vastgelegd door Nederpal en internationaal door EPAL."}
{"_id": "416054", "title": "", "text": "\"&gt; integration (everyone wants their own closed ecosystem so they can collect data or charge for services, which is the opposite of what consumers want.)  This is the most infuriating result of the past decade. We *were* moving to a world of internetworked services and APIs, so data and functionality could be surfaced where you want it. Then everyone let Facebook get all \"\"This is my stuff - fuck off!\"\" with their data and APIs and then followed suit, which fucked us all.   Outlook had a connector framework so that your contacts could all automagically update with pics and info from Facebook, LinkedIn, G+. and a few other social networks. It died with Facebook and LinkedIn walled in their data feeds because fuck you.   It was an amazing feature with a pretty neat \"\"art of the future\"\" about it (if you spend a lot of time in Outlook, that is) and it's just fucking gone because Zuckerberg had to build a wall around his castle.\""}
{"_id": "416062", "title": "", "text": "\"In May 2011, a report to the board by Promontory Financial Group, a Washington consultant hired as part of the CFTC Dooley settlement, concluded that the firm had vastly improved\"\" its systems and risk controls, and praised management for setting \"\"a tone at the top\"\" supporting \"\"best practices.\"\"    I actually did some technology work for Promontory Financial Group for a short period.  What a bunch of tools.  They had a nice office in a newer office building in the business district of Washington DC, not far from the Treasury.  Their \"\"server room\"\" was actually a closet.  The number of servers they had produced a lot of heat.  It had minimal ventiliation.  Their solution?  Bring in a portable A/C unit.  Great, but due to the humidity and the amount of heat/energy transfer, it produced a lot of condensation runoff.  There was no drain.     The solution?  Think of the largest Rubbermaid outdoor garbage can that you can buy, and put it under the unit to collect the condensation output.  It was probably 50 gallons.  It filled up in about three or four days, an indication of the output.  Part of the nightly cleaning crew's responsibility was to bail (literally) the water out of the can, and put it in a mop bucket, and wheel it down to the cleaning closet that did have a sink and empty it.  The can had wheels, but who would want to risk rolling 400 pounds of water on tinkery casters down a lavish passageway?    Problem?  On long weekends/holidays, there was no cleaning crew.  So they purchased a \"\"Mister Sensaphone\"\" (yes there really was such a device), so that when the can started to overflow, the moisture detector would trigger, it would page the system administrator, and they would drive into the office and bail it out.    All of that because they did not want to pay $30,000 to install additional ac capacity on the roof and ventilate their server room.   I think they were actually proud of this setup, like it was a demonstration of some \"\"out of the box\"\" creativity.\""}
{"_id": "416096", "title": "", "text": "But what about when economic interests use their economic muscle to influence politics?   Consider: politicians, beholden to special interests, regularly pass laws that direct public funding to private interests. The everglades sugar tax credit is one such example. The credit subsidized sugar producers in the everglades who couldn't compete with corn syrup or cheaper foreign sugar.   Thus, economic interests captured political interests and used pubic policy to enrich themselves at the cost of the public. The economic rich therefore harmed everyone by harming the free and open market. They were and are complicit with the politically rich.   Money is political."}
{"_id": "416113", "title": "", "text": "As long as you don't mind doing the extra tax paperwork, you don't need to pay any taxes, since the gift tax doesn't kick in until you've given someone several million dollars over a lifetime."}
{"_id": "416117", "title": "", "text": "You are confused about a couple of terms: For example you work for company A: As to the 1098-T: It is likely that  you or your parents will use the 1098-T. You don't have to file a copy with the IRS. You and your parents need to determine who should be reporting the educational expenses: you or your parents."}
{"_id": "416125", "title": "", "text": "The ultimate reason to own stock is to receive cash or cash equivalents from the underlying security. You can argue that you make money when stock is valued higher by the market, but the valuation should (though clearly not necessarily is) be based on the expected payout of the underlying security. There are only three ways money can be returned to the shareholder: As you can see, if you don't ask for dividends, you are basically asking for one of the top two too occur - which happens in the future at the end of the company's life as an independent entity. If you think about the time value of money, money in the hand now as dividends can be worth more than the ultimate appreciation of liquidation or acquisition value. Add in uncertainty as a factor for ultimate value, and my feeling is that dividends are underpaid in today's markets."}
{"_id": "416141", "title": "", "text": "&gt; ING is the fourth major bank to settle with New York and U.S. authorities over \u201cstripping\u201d information from wire transfers that would have identified sanctioned parties\u2019 involvement. In 2009, Credit Suisse AG agreed to pay a $536 million fine and Lloyds TSB Bank Plc agreed to forfeit $350 million. Barclays settled in 2010 for $298 million.  &gt; Later that year, another Dutch bank, ABN AMRO, settled a case with the Justice Department, agreeing to pay $500 million.  lol that's not even half a quarter of profits."}
{"_id": "416150", "title": "", "text": "Well it seems this sanitary pad of a company is still attempting to wage some sort of financial war, a day after the Orange Bufoon was so proud that China Central Bank has cut ties with North Korea, seeing as there is no official statement from China, I can only assume an embarrassment looming  . .what color do we get when we mix Orange with a maidenly shade of pink  . . .hmmm . .probably a sunset mushroom shade over a setting sun in the Pacific . . interesting times . . .interesting times"}
{"_id": "416180", "title": "", "text": "I wish him the best - recently left a company that was using ADP and they have **major** issues.  Based on what I saw they'd be my last choice for a payroll company, so if he can force them to fix those practices it would probably give them a significant boost in customer retention."}
{"_id": "416188", "title": "", "text": "\"True, absolutely safe are only death and taxes.  Apparently [US treasuries](https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield) yield far less than 3,5-4%, but I guess that's as \"\"100% safe\"\" as it gets.  However, best I could find while talking to various banks was a reverse convertible bond that yields 3,5% per year, tax excluded. Worst case scenario: 1) I got all my money back and gained 3,5% for one year. 2) after a few years, I find myself with pretty valuable shares and still cashed in the yearly 3,5%.  I was wondering if I got lucky with that, or if there are better things out there and if yes, where I should look. Honestly, in the age of negative interests, I'm more than happy to get enough interest to counter inflation.\""}
{"_id": "416189", "title": "", "text": "For me there are two issues.  So, what to do? You have the basics of a very strong position coming together. A good salary in a good city. I'd be patient and work on consolidating my position for another year to 18 months (including building a rainy day fund) and look to buy then."}
{"_id": "416192", "title": "", "text": "Basically, what you describe exists in many countries - not in the USA though. In Europe, people have checking accounts with allowed overdraft, typically three month net salaries. You can just this money any day as you like, and pay it back - completely or partially - any day as you like. Interest is calculated for each day on the amount used that day; and the collateral is 'future income', predicted / expected from previous income. In the USA, credit cards have taken its place, with stricter different rules and limitations. In addition, many of the extra rules in loans were invented to take advantage of the ignorance or situation of the borrower to make even more money. For example, applying extra payments to future due payments instead of to the principal makes that principal produce more interest while the extra payments just sit around."}
{"_id": "416196", "title": "", "text": "Oh wow. For a second thought the title refers to coding. Like there's open source development no need to spend that kind of money.    Also really hope they do more comedy specials and less adam sandler."}
{"_id": "416197", "title": "", "text": "\"Plus the younger Gen Xer's did worse than the older ones.   And of course, the \"\"savvy\"\" Gen Xer's did much better than the \"\"un-savvy\"\" -- the savvy actually saw the whole thing coming, managed to get out of the market at just the right \"\"peak\"\" time, and were able to get back in (at least partially &amp; tenuously) near the bottom. (I'm actually in better shape financially now than I was pre-recession, and with zero debt I was in fairly good shape then; and I know I am not the *only* \"\"savvy\"\" GenXer who did that).  But even given that... the future *still* looks \"\"rocky\"\" to me.\""}
{"_id": "416216", "title": "", "text": "Japan has not implemented the IBAN system (yet), at least according to the Wikipedia list. IBAN is a European thing, slowly spreading around the globe, and hasn't reached Japan and many other countries yet. SWIFT is your friend here. Adoption of the IBAN at various levels (as of January 1, 2014):"}
{"_id": "416225", "title": "", "text": "\"This depends on the country(ies) involved. US citizen/resident giving gifts is required to pay a gift tax. The recipient of the gift, however, pays nothing. The value of the gift at the time of the gift-giving is used to determine the tax, and an exclusion of $14000 per person per year (as of 2013) is available to allow smaller gifts to be given without too much of a red tape. There's also a lifetime exemption which is shared between the gift tax and the estate tax. This exemption is $5.25M in 2013.  The reason the gift tax exists in the US is because the US tax code is very aggressive. This is basically double taxation, similarly to estate tax. Gifts/estates are after-tax money, i.e.: income tax has been paid on them, yet the government taxes them again. Why? The excuse is to disallow shifting of income: if one person has high income tax brackets, he may give some of his income-producing property to another person with lesser brackets who would then pay less income taxes (for example, parents would transfer property to children). Similarly capital gains could be shifted. Generation-skipping tax is yet another complication to disallow people use gifts to avoid estate taxes: a grandparent would gift stuff to grandchildren, thus skipping a level of estate taxes (the parents in between). In other countries the tax codes may be less aggressive, and not tax gifts/inheritance as this money has been taxed before. This is a more fair situation, IMHO, yet it means that wealth moves from generation to generation without the \"\"general public\"\" benefiting from it. So if you're a US person and considering giving or receiving a gift - you need to consult with a tax adviser about the consequences. Similarly with other countries, if you are subject to their tax laws.\""}
{"_id": "416233", "title": "", "text": "\"Not exactly. In a credit union, all members are \"\"shareholders.\"\" The CUs \"\"pass\"\" onto their shareholders in the form of significantly lower interest rates, higher savings interest rates, complementary perks like paid life insurance, and others depending on your CU.\""}
{"_id": "416240", "title": "", "text": "Look into the Coverdell Education Savings Account (ESA). This is like a Roth IRA for higher education expenses.   Withdrawals are tax free when used for qualified expenses. Contributions are capped at $2000/year per beneficiary (not per account) so it works well for young kids, and not so well for kids about to go to College. This program (like all tax law) are prone to changes due to action (or inaction) in the US Congress.  Currently, some of the benefits are set to sunset in 2010 though they are expected to be renewed in some form by Congress this year."}
{"_id": "416268", "title": "", "text": "\"Did it show just your address, or was your name on it as well?   You didn't share how long you've lived at the address either, so it makes me wonder whether a former tenant is the one who filed that paperwork.  It's also possible that someone used your address when making a filing.  Whether that was deliberate or accidental is hard to discern, as is their intent if it was intentional. It could be accidental -- someone picked \"\"CA\"\" for California when they meant to pick \"\"CO\"\" for Colorado or \"\"CT\"\" for Connecticut...These things do happen.  It can't make you feel any better about the situation though. You should be able to go online to the California Secretary of State's website (here) and look up everything filed by the LLC with the state.  That will show who the founders were and everything else that is a matter of public record on the LLC.  At the very least, you can obtain the registered agent's name and address for the LLC, which you can then use to contact them and ask why your address is listed as the LLC's business address. Once you have that info, you can then contact the Secretary of State and tell them it isn't you so they can do whatever is necessary to correct this. This doesn't sound like a difficult matter to clear up, but it's important to do your homework first and gather as much information as you can before you call the state.  Answering \"\"I don't know\"\" won't get you very far with them compared to having the best answers you can about where the mistake started. I hope this helps. Good luck!\""}
{"_id": "416282", "title": "", "text": "Yeah, I'm aware. I'm not sure why you're fighting me on this. I was defending people organizing and protesting healthcare on internet freedom day. I'm not saying the internet isn't important but to most Americans I'm guessing healthcare would be more so. Which bears out in how the two subjects are dealt with. I doubt the democrats could create a tea party over NN the same way the republicans did over healthcare."}
{"_id": "416286", "title": "", "text": "So, this isn't always the case, but in the example provided the option is most likely in the money or near the money since the delta is nearly 1 - indicating that a $1 move in the underlying results in a $0.92 move in the option - this will happen when the expiration is very far out or the option is in the money. As expiration gets closer, movements in the underlying become more pronounced in the options because the probability of the stock price moving from its current position is lower.    As the probability of the stock price moving goes down, the delta of in the money options approaches 100, eventually reaching 100 at expiration. Another way to word this is that the premium on in the money options shrinks as expiration approaches and the intrinsic value of the option increases as percentage of total value so that movements in the underlying stock price become a greater influence on the option price - hence a greater delta. Again, if the option is out of the money, this is not the case."}
{"_id": "416297", "title": "", "text": "\"fair enough, but I wasn't sure if you actually get it or not because your question seemed to revolved around cash and transaction value.  You are really just said \"\"skewing\"\" is if you didn't add net debt the multiple wouldn't be a valid muliptle. If you understand it, why start out with this mental exercise of saying \"\"we shouldn't calculate multiples wrong, because then they would be wrong\"\"?\""}
{"_id": "416302", "title": "", "text": "In case you have no thought, [local business listing](http://come2ourdeals.com.au/) services is similar to phone book. Usually, when folks desire to find someone or something their first instinct is to search by way of the phone book. The yellow page contains not just the identify, deal with but also different ads of companies."}
{"_id": "416307", "title": "", "text": "\"Can anyone explain what each of them mean and how they're different from each other? When you \"\"buy to open\"\", you are purchasing an option and opening a new position. When you \"\"sell to open\"\", you are creating a brand new options contract and selling it. \"\"Covered\"\" means that you have assets in your account to satisfy the terms of the options contract. A \"\"covered call\"\" is a call option for which you own shares of the underlying stock that you will sell to the buyer at the option's strike price if he exercises the option. If you previously made a \"\"sell to open\"\" trade to create a new position, and you want to close the position, you can buy back the option. If you previously made a \"\"buy to open\"\" trade, you can \"\"sell to close\"\" which will sell back your option and close your position. In summary:\""}
{"_id": "416317", "title": "", "text": "\"That's not the case where I'm located. Techs are hired \"\"temp to hire\"\" on contract. They are paid less than permanent employees. They aren't given any of the benefits of permanent employees. They are, just as the article says, treated like second class employees. Even third class at one company I worked for. And they are strung along with \"\"we just aren't hiring right now\"\" lines and told \"\"we'll extend your contract again and see if we are hiring at the end next time\"\".  I was laid off from a full time position because we were bought out by another company. I spent 7 months unemployed. I got a call for contract work and it only lasted two weeks. I was paid significantly less than my previous full time job and was not offered any kind of benefits at all. When that contract was up I was offered a contract at another company. Again, I was paid significantly less than I was making before and I was strung along by that company for two years before another contract offered me more money. With that contract I was finally getting paid what I was getting paid at my last permanent position, but again I did not receive the same benefits as a full time employee. That contract let me go after 18 months due to policy that they couldn't string contractors along. I was told that I could wait 6 months and be hired again, though! I then spent four months unemployed until I found my next contract which then hired me full time after 6 months. I've been full time for 2 years here now, but who knows how long that'll last. I've seen companies suddenly \"\"restructure\"\", which means they bring in H1Bs.  And I can't even blame this on me being a low level tech with no marketable skills. I've been in IT professionally for just a few months shy of 20 years. I've done everything from technical support, to security, to software QA, to system administration. I'm now in a job specializing in hardware. I have a resume that could be pages long with many different skill sets and roles. This is typical for nearly all of the contractors I know in this area. I run into people I know all the time floating from company to company around here. We're passed around like disposable commodities. But mention the word \"\"union\"\" and you'll get replaced with H1Bs. The tech industry is shitty that way.\""}
{"_id": "416356", "title": "", "text": "\"Yes.  The law has already been signed, and the individual mandate already tested by the Supreme Court.  The only recourse now is either a direct repeal by Congress, or a Constitutional Amendment nullifying it.    What is more likely is that by \"\"repeal\"\" he means \"\"direct a GOP-controlled congress to defund key portions of the law\"\".\""}
{"_id": "416358", "title": "", "text": "\"As many before me said but will say again for the sake of completeness of an answer:  First off provision to have an emergency fund of 6 months living expenses to cover loss of employment, unforeseen medical issues etc.  When that is done you re free to start investing. Do remember that putting all your eggs in one basket enable risks, so diversify your portfolio and diversify even within each investment vehicle. Stocks: I would personally stay away from stocks as it's for the most part a bear market right now (and I assume you re not interested day-trading to make any short term return) and most importantly you dont mention any trading experience which means you can get shafted. Mutual Funds: Long story short most of these work; mainly for the benefit for their management and people selling them. Bonds  Instead, I would go for corporate bonds where you essentially buy the seller(aka the issuing company) and unlike gambling on stocks of the same company, you dont rely on speculation and stock gains to make a profit. As long as the company is standing when the bond matures you get your payment. This allows you to invest with less effort spent on a daily basis to monitor your investments and much better returns(especially if you find opportunities where you can buy bonds from structurally sound companies that have for reasons you deem irrelevant, purchase prices in the secondary market for cents in the dollar) than your other long term \"\"stable options\"\" like German issued bonds  or saving accounts that are low in general and more so like in the current situation for German banks. Cryptocurrency I would also look into cryptocurrency for the long term as that seems to be past its childhood diseases and its also a good period of time to invest in as even the blue chips of that market are down party due to correction from all time highs and partly due to speculation. As Im more knowledgeable on this than German-locale bonds, a few coins I suggest you look into and decide for yourself would be the obvious ETH & BTC, then a slew of newer ones including but not limited to OmiseGO, Tenx(Pay), Augur and IOTA. Beware though, make sure to understand the basics of security and good practices on this field, as there's no central bank in this sector and if you leave funds in an exchange or your wallet's private key is compromised the money are as good as gone.\""}
{"_id": "416371", "title": "", "text": "\"I have never seen anything that suggest it's illegal to charge \"\"fair\"\" interests on loans, personally or commercially.  Even CRA has long allowed the use of properly written \"\"promissory notes\"\" as the proof for personal loans between individuals, as long as the rates are consistent with their current \"\"subscribed rate\"\" (think bank's prime rate, if you don't want to having to look it up on CRA site). Loan Shark is someone or some entity that charges significantly higher interests than the rates posted by FI's.  We are talking about 30+% versus the bank's 10%.   Yes, we can argue the FI's are acting like Loan Shark when it comes to credit card interest rates, but that's another discussion.\""}
{"_id": "416378", "title": "", "text": "\"Can a company say \"\"StackExchange\"\" donate to a non-profit company say $5,000 in agreement that they will spend that on paying a designer for a new website? And most importantly is this donation still tax deductible? A non-profit would have to typically create a bucket for IT Services or Website design. As long as \"\"StackExchange\"\" specify they employ a profession service to get it done, there would be no issue. If \"\"StackExchange\"\" were to specify an individula/company it would be an issue.\""}
{"_id": "416382", "title": "", "text": "I agree with MrChrister about first considering how necessary the renovations are (is it a nice-to-have, or a need-to-have?), as well as the importance of consulting a Realtor, if you are selling your home, as they will advise you wisely.  For instance, they might advise you to replace the linoleum with a neutral beige ceramic tile, as you would be assured a better resale value on your dollar spent, than if you were to replace the old linoleum with new linoleum (or laminate). There are many types of renovations that simply don't pay off, and others that do provide good return-on-investment (like intelligent kitchen and bathroom updates).  I found this ROI grid at lendingmax.ca (which is pretty consistent with what I remember reading in the Toronto Star this spring): Top 10 Renovations ~ Average return   on investment Painting and interior decorating = 73% Kitchen renovations = 72% Bathroom renovations = 68% Exterior painting = 65% Flooring upgrades = 62% Window/door replacement = 57% Family room addition = 51% Fireplace addition = 50% Basement renovation = 49% Furnace/heating updating = 48% If you are selling your home, and your Realtor has suggested improvements, they are probably necessary, and not doing them might serve as an impediment to quickly selling your home - so factor in the (potential) costs of carrying your home for additional weeks/months, or worse, overlapping mortage costs, if it takes your home longer to sell, and you end up owning two homes simultaneously for a bit. As far as your question (should you pay cash for renos or take out a loan), one factor to consider if you live in Canada is the Home Renovation Tax Credit, which applies to renos that take place until Feb 1, 2010, and can deduct up to $1,350.  So if you have to do a reno and yours qualifies for this tax credit, and you won't have the cash before that deadline, factor in the cost of borrowing vs. the $1,350. Good luck!"}
{"_id": "416390", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nationaleconomicseditorial.com/2017/06/02/carbon-capture-plant-bad-investment/) reduced by 85%. (I'm a bot) ***** &gt; Although we can&amp;#039;t compare the costs because Climeworks doesn&amp;#039;t state the cost of their plant on their website-probably because it&amp;#039;s egregiously high, we do know the cost of planting trees.  &gt; That means that only $17,640 worth of trees could do the work of the multi-million dollar Hinwil carbon-capture plant.  &gt; According to Spencer P Morrison, this paper&amp;#039;s editor-in-chief, the Hinwil carbon plant may be &amp;quot;The worst investment in human history&amp;quot;, and is &amp;quot;Symptomatic of a complete disregard for common sense, and utter contempt for the working man&amp;quot;.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fje5k/worlds_first_multimillion_dollar_carboncapture/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~137400 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **plant**^#1 **tree**^#2 **carbon**^#3 **more**^#4 **dioxide**^#5\""}
{"_id": "416391", "title": "", "text": "Because we haven't started any wars for oil.  Saddam would happily have sold us every barrel he could pump at reasonable prices.  The US didn't come in and seize any Iraqi oil.  This is just a  nonsensical conspiracy theory from the left."}
{"_id": "416397", "title": "", "text": "Coca Cola doesn't seem to have any preferred shares outstanding. From the annual report, it does say that the number of common shares outstanding was 2,294,316,831 as of February 22, 2011. (cover page, right before the horizontal break) But normally, you can find it either toward the beginning of the document or in the statement of shareholder's equity."}
{"_id": "416409", "title": "", "text": "I still can't understand why there is a price discrepancancy.  There isn't. It's the same stock and price differences between such major exchanges will always be minimal. I think you simply haven't paid attention to the date range. It seems Google finance only has data for FRA:BMW reaching back to 2011, so if you try to look at the development of your investment since 2009, you're not getting comparable data."}
{"_id": "416444", "title": "", "text": "The story here is the Engadget still doesn\u2019t understand Amazon.   Engadget, please go read [Stratechery](https://stratechery.com/2017/amazons-new-customer/) and STFU Until you learn that clickbait doesn\u2019t inform your readers of what amazon is doing.   Amazon shouldn\u2019t show a profit at all if it is reinvesting all the profits into newer and larger business units - it\u2019s stated strategy - so \u201cslumping profits\u201d a big pile a festering clickbait pig-shit. I expect this level of analysis from fuckwits... Oh wait."}
{"_id": "416452", "title": "", "text": "I would speak to your employer about direct deposit into one of your local casinos.  Its a simple matter of then arranging to purchase said lottery tickets with the casino's chips.  For a small convenience fee, I would imagine you could also arrange to have the casino automatically convert the chips to lottery tickets, redeem the winning tickets for you and give you a weekly report of your winnings.  Hope this helps."}
{"_id": "416459", "title": "", "text": "Either it's because he's a bad leader or because the guy was corrupt. Hoping for the latter   Edit: it's hilarious how the people who down voted me clearly just wish our president to fail. Y'all must be braindead hoping for our president to bring down the US"}
{"_id": "416466", "title": "", "text": "\"Not necessarily. Especially if your business model is founded on a free internet.   Take Netflix. In the short term they might make enough in tax breaks to pay for the \"\"fast lanes\"\" that ISPs want to charge. But what happens when the ISP decides to just bar Netflix entirely, because they are a competitor?  They don't even have to block them, they could just intentionally throttle Netflix to a degree where the service is unusable.   So consumers are sitting there with crappy quality coming from Netflix, but that Spectrum app is expanding and streams just swell.   That's where it is headed if net neutrality is killed. If Netflix doesn't see this then they are blind. And it isn't just Netflix either, it's any service that competes with an ISP's other companies.   In order for these tech companies to continue to enjoy success, they need net neutrality. Or failing that, a legal requirement that all ISPs cannot have other businesses besides being an ISP. Or true competition in all marketplaces for high speed internet.\""}
{"_id": "416476", "title": "", "text": "If your dad would have won money on the slot machines(And the amount was high), the casino would have given him a W2G to fill out right there and taxes would have been deducted. However, table games including Poker does not have any such rule. You will have to account for your winnings(And losses) at the end of the year. So, it is ok if you sign that paper, as you do not owe the IRS any money yet.  You will still need to file your taxes as a non resident alien at the end of the year and attach the form W2G with it and pay your dues."}
{"_id": "416483", "title": "", "text": "QE2 will mean that there are about $500 billion dollars in existence which weren't there before. These dollars will all be competing with the existing dollars for real goods and services, so each dollar will be worth a little less, and prices will rise a little. This is inflation. You can probably expect 1.5%-2% annual inflation for the US dollar over the next several years (the market certainly does in the aggregate, anyway). This is in terms of US-based goods and services. QE2 will also reduce the amount of other currencies you can get for the same dollar amount. The extent to which this will occur is less clear, in part because other currencies are also considering quantitative easing. Your long-term savings should probably not be in cash anyway, because of the low returns; this will probably affect you far more than the impact of quantitative easing. As for your savings which do remain in cash, what you should do with them depends on how you plan to dispose of them. The value of a currency is usually pretty stable in terms of the local economy's output of goods and services - it's the value in international trade which tends to fluctuate wildly. If you keep your savings in the same currency you plan to spend them in, they should be able to maintain their value decently well in the intermediate term."}
{"_id": "416487", "title": "", "text": "\"I am a proud member of the BA frequent fliers' club (Executive Club). Their service is superb. Their avios (aka miles) are quite useful. However, that is if you're not flying with British Airways, because if you do - you'll pay enormous amounts as \"\"taxes\"\". I've used their avios on Air Berlin, American Airlines and Iberia - several times each, and their prices are very reasonable (including trans-Atlantic flights, although I mostly used it for domestic flights in the US and EU). If you only fly BA - their club charges ridiculous amounts for taxes and you would probably want to be in one of their partners' clubs. Depending on your traveling pattern - I'd suggest American Airlines (if you travel a lot in the US) or Qantas (if you travel to far East). I'm not familiar with other partners' clubs, so can't tell. So whether or not the 50K avios worth the investment is really up to you - it depends greatly on your traveling pattern and where you can use them. If only on BA - not sure if it is worth the trouble (although you do end up with about 50%-70% discount of the regular price when you buy miles tickets).\""}
{"_id": "416511", "title": "", "text": "\"As a Canadian resident, the simple answer to your question is \"\"yes\"\" Having worked as a tax auditor and as a Certified Financial Planner, you are required to file an income tax return because you have taxable employment income. All the employer is doing is deducting it at source and remitting it on your behalf. That does not alleviate your need to file. In fact, if you don't file you will be subject to a no filing penalty. The one aspect you are missing is that taxpayers may be entitled to tax credits that may result in a refund to you depending on your personal situation (e.g spousal or minor dependents). I hope this helps.\""}
{"_id": "416513", "title": "", "text": "Yield is the term used to describe how much income the bond will generate if the bond was purchased at a particular moment in time. If I pay $100 for a one year, $100 par value bond that pays 5% interest then the bond yields 5% since I will receive $5 from a $100 investment if I held the bond to maturity. If I pay $90 for the same one year bond then the bond yields 17% since I will receive $15 from a $90 investment if I held the bond to maturity. There are many factors that affect what yield creditors will accept: It is the last bullet that ultimately determines yield.  The other factors feed into the creditor\u2019s desire to hold money today versus receiving money in the future.  I desire money in my hand more than a promise to receive money in the future.  In order to entice me to lend my money someone must offer me an incentive.  Thus, they must offer me more money in the future in order for me to part with money I have. A yield curve is a snapshot of the yields for different loan durations.  The x-axis is the amount of time left on the bond while the y-axis is the yield.  The most cited yield curve is the US treasury curve which displays the yields for loans to the US government.  The yield curve changes while bonds are being traded thus it is always a snapshot of a particular moment in time. Short term loans typically have less yield than longer term loans since there is less uncertainty about the near future. Yield curves will flatten or slightly invert when creditors desire to keep their money instead of loaning it out.  This can occur because of a sudden disruption in the market that causes uncertainty about the future which leads to an increase in the demand for cash on hand. The US government yield curve should be looked at with some reservation however since there is a very large creditor to the US government that has the ability to loan the government an unlimited amount of funds."}
{"_id": "416523", "title": "", "text": "\"I wrote a little program one time to try to do this.  I think I wrote it in Python or something. The idea was to have a list of \"\"projected expenses\"\" where each one would have things like the amount, the date of the next transaction, the frequency of the transaction, and so on.  The program would then simulate time, determining when the next transaction would be, updating balances, and so on.  You can actually do a very similar thing with a spreadsheet where you basically have a list of expenses that you manually paste in for each month in advance.  Simply keep a running balance of each row, and make sure you don't forget any transactions that should be happening. This works great for fixed expenses, or expenses that you know how much they are going to be for the next month.  If you don't know, you can estimate, for instance you can make an educated guess at how much your electric bill will be the next month (if you haven't gotten the bill yet) and you can estimate how much you will spend on fuel based on reviewing previous months and some idea of whether your usage will differ in the next month.  For variable expenses I would always err on the side of a larger amount than I expected to spend.  It isn't going to be possible to budget to the exact penny unless you lead a very simple life, but the extra you allocate is important to cushion unexpected and unavoidable overruns. Once you have this done for expenses against your bank account, you can see what your \"\"low water mark\"\" is for the month, or whatever time period you project out to.  If this is above your minimum, then you can see how much you can safely allocate to, e.g. paying off debt.  Throwing a credit card into the mix can make things a bit more predictable in the current month, especially for unpredictable amounts, but it is a bit more complicated as now you have a second account that you have to track that has to get deducted from your first account when it becomes due in the following month.  I am assuming a typical card where you have something like a 25 day grace period to pay without interest along with up to 30 days after the expense before the grace period starts, depending on the relationship between your cut-off date and when the actual expense occurs.\""}
{"_id": "416533", "title": "", "text": "Here. They want the infrastructure to do Jeff Bezos new model of grocety shopping. Which is great, I actually have a desire for some form of grocery delivered. However, when I have a desire for something more farmers market style, I want a Whole Foods style but Id love it at a better price point for everyone.   This does mean there is a market opening for more grocers that are basically indoors farmers market."}
{"_id": "416569", "title": "", "text": "The biggest benefit to having a larger portfolio is relatively reduced transaction costs. If you buy a $830 share of Google at a broker with a $10 commission, the commission is 1.2% of your buy price.  If you then sell it for $860, that's another 1.1% gone to commission.  Another way to look at it is, of your $30 ($860 - $830) gain you've given up $20 to transaction costs, or 66.67% of the proceeds of your trade went to transaction costs. Now assume you traded 10 shares of Google. Your buy was $8,300 and you sold for $8,600.  Your gain is $300 and you spent the same $20 to transact the buy and sell.  Now you've only given up 6% of your proceeds ($20 divided by your $300 gain). You could also scale this up to 100 shares or even 1,000 shares. Generally, dividend reinvestment are done with no transaction cost.  So you periodically get to bolster your position without losing more to transaction costs.  For retail investors transaction costs can be meaningful.  When you're wielding a $5,000,000 pot of money you can make your trades on a larger scale giving up relatively less to transaction costs."}
{"_id": "416588", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/6/27/15879346/study-high-minimum-wage-job-killer-seattle) reduced by 91%. (I'm a bot) ***** &gt; Though there are sound theoretical reasons why a modest hike in the minimum wage might not depress employment, most economists agree that if you set the minimum wage high enough, at some point you will start destroying jobs.  &gt; Arindrajit Dube, an economist at the University of Massachusetts Amherst who studies the minimum wage, has pointed out that Seattle&amp;#039;s new minimum wage is not all that lavish when you take into account the city&amp;#039;s high overall wages.  &gt; The far more controversial interpretation of the University of Washington study is that it might overturn - or at least throw into doubt - much of the past two decades of research on the minimum wage.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6k4thb/university_of_washington_study_shows_that_high/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~154956 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **minimum**^#2 **work**^#3 **study**^#4 **research**^#5\""}
{"_id": "416598", "title": "", "text": "There was some sort of deal like this at LaGuardia, at least I think that's where I was flying out of. They had like 5 restaurants in a big area and I was starving so me and a co-worker are shuffling around trying to figure this whole deal. They had cooks/cashiers or at least that's how they appeared and they were useless, just stared at you like you fucked their mother in front of them when you asked a question.   Eventually we figure out how to order go to sit down. Sit down and some little ass hole sever is like if you order from a machine you can't sit here. My co-worker sees me get hot instantly. He's like it's cool man.   I quickly say, no fuck that guy. He doesn't need to be such a dick. Making sure I'm loud enough to hear me hoping he'd want to take a shot at me. Not finest moment.  Then I saw Hannibal Burress chilling waiting for his flight. All was right in the universe I suppose. I just don't understand the point do one or the other why both? It's not like people aren't already pressed for time. Or just treat people with respect because that's what got me so angry."}
{"_id": "416606", "title": "", "text": "\"I'm going to ignore your numbers to avoid spending the time to understand them.  I'm just going to go over the basic moving parts of trading an upside down car against another financed car because I think you're conflating price and value.  I'm also going to ignore taxes, and fees, and depreciation. The car has an acquisition cost (price) then it has a value.  You pay the price to obtain this thing, then in the future it is worth what someone else will pay you. When you finance a car you agree to your $10,000 price, then you call up Mr. Bank and agree to pay 10% per year for 5 years on that $10,000.  Mr. Banker wires over $10,000 and you drive home in your car.   Say in a year you want a different car.  This new car has a price of $20,000, and wouldn't you know it they'll even buy your current car from you.  They'll give you $7,000 to trade in your current car. Your current car has a value of $7,000.  You've made 12 payments of $188.71.  Of those payments about $460 was interest, you now owe about $8,195 to Mr. Banker. The new dealership needs to send payment to Mr. Banker to get the title for your current car.  They'll send the $7,000 they agreed to pay for your car.  Then they'll loan you the additional $1,195 ($8,195 owed on the car minus $7,000 trade in value).   Your loan on the new car will be for $21,195, $20,000 for the new car and $1,195 for the amount you still owed on the old car after the dealership paid you $7,000 for your old car. It doesn't matter what your down-payment was on the old car, it doesn't matter what your payment was before, it doesn't matter what you bought your old car for.  All that matters is how much you owe on it today and how much the buyer (the dealership) is willing to pay you for it. How much of this is \"\"loss\"\" is an extremely vague number to derive primarily because your utility of the car has a value.  But it could be argued that the $1,195 added on to your new car loan to pay for the old car is lost.\""}
{"_id": "416615", "title": "", "text": "\"&gt;If you're argument held true in court, no one could sue anyone successfully..  That is my point.  Admittedly, my above example is very simplistic - but it was designed to simply illustrate my point.  And no, buying a shares of Google or Exxon or whatever other equity would not make you lawsuit proof....otherwise all you would need to do is open a brokerage account.  I won't go into this on post but I would be happy to type out a few real examples - they involved Trusts, Holding LLC's and even suing yourself...  This whole conversation started by the article about Robert Kiyosaki getting sued by his partners, getting a judgement against him and instead of paying his former partner - he BK's one of his companies to get out of debt.  Rich Dad's estimated personal net worth?  [$80 Million](http://www.forbes.com/sites/helaineolen/2012/10/10/rich-dad-poor-dad-bankrupt-dad/)   How many books has he sold?  JUST the Rich Dad Poor Dad book has sold over [26 MILLION copies](http://en.wikipedia.org/wiki/Rich_Dad_Poor_Dad#Publishing_success)...and obviously that doesn't count future sales. (he has many books, DVD's educational material, seminars...etc)  Rich Dad is also very diversified and has [other business interest such as mining companies, oil and gas, solar, venture capital...etc](http://en.wikipedia.org/wiki/Robert_Kiyosaki#Business_ventures_and_investments)  The above referenced Forbes article goes on to say: \"\"Rich Dad Co. CEO, has informed them that Kiyosaki would not be putting any of his personal fortune toward the settlement. As for Rich Global, Sullivan claimed it only had a few million in its coffers.\"\"  So here is a case of a legitimate lawsuit, it was heard in court and Rich Dad was ordered to pay $24 Million to his former partner(s).  He claims he can't pay it and files for Corp BK... Yet his personal net worth is over 3x that amount (not to mention the net worth of his new company) - not to mention future sales.  Thanks to some financial and legal gymnastics his partners get screwed out of their share of earnings.  I fail to see how this isn't an example of abusing the system.  Rich dad isn't even offering to pay out on future sales or even trying to negotiate a lower settlement.  He just pulled out the BK card and FU - his debtors will get pennies on the dollar.  It seems that our \"\"perspectives\"\" on ethical business practices are at opposite ends of the spectrum.  In my opinion, utilization of the BK laws in this manner which effectively makes one completely exempt from liability or financial responsibility is exactly what is wrong with the Unites States (at least one reason).  If you can't (or refuse) to see this or you truly think \"\"this is just good business\"\" then..I don't know what else to say other than you are part of the problem.    ******************** Oh and I never addressed your other point... &gt;first you would be breaking the law for driving without insurance.   No problem. I'd pay the +/-$500 ticket and keep moving - while you drink your meals through a straw.\""}
{"_id": "416617", "title": "", "text": "Real loans are forgone consumption, like a savings account. In real terms, you can loan only when you put aside something from consuming it. Any kind of monetary tricks and expansion cant create real savings out of thin air, only an illusion of savings like in economic bubbles: the idea - banking system getting money first creates illusion of more credit being available than what savers are actually putting aside so the seeds for an unsustainable bubble are sewn."}
{"_id": "416622", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://ftp.iza.org/dp10822.pdf) reduced by 99%. (I'm a bot) ***** &gt; While we show evidence that externalizing behavior is strongly related to many of these economic outcomes, we also demonstrate that these relationships do not drive our main finding that externalizing behavior, despite being unproductive at school, is productive in the labor market.  &gt; 4.1 Mapping Unobserved Factors to Observed Misbehaviors Starting with the joint distribution of latent factors, we find a negative correlation between externalizing behavior and cognition and a positive correlation between externalizing and internalizing behavior for both males and females.  &gt; 36 In summary, though externalizing behavior is related to a host of economic outcomes that also predict earnings, we have demonstrated here that the externalizing premium on the labor market is not driven by differential sorting by externalizing behavior into these outcomes.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kt18b/the_economic_value_of_breaking_bad_misbehavior/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157412 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **externalizing**^#1 **behavior**^#2 **skill**^#3 **earn**^#4 **school**^#5\""}
{"_id": "416625", "title": "", "text": "The escrow rules used to be A LOT more lax.  The banks used to screw people pretty hard.  For example - after paying off a loan banks would drag their feet about sending back the money.  This does not account for much on one loan, but if you multiply that by all the loans they service it is a significant amount. There are not strict rules governing the amount of money that can be held in escrow and how quickly the money has to be returned after a loan payoff."}
{"_id": "416630", "title": "", "text": "That was an elegant and well thought-out analysis there.  I'm surprised someone hasn't tapped you to be an economic analyst what with your masterful command of the written word and discourse.      That or you just learned that word and wanted to use it.  *pats climber514d on the head*."}
{"_id": "416632", "title": "", "text": "I disagree with the comment that radio is dying, you may not use it often but many people still commute to work and use the radio. Satellite radio attempted to take over the radio business but it really hasn't done so successfully. There's a surge of people playing music from their iPods into the car stereo but I don't think it's been large enough or reached enough people to say that the radio is dead."}
{"_id": "416633", "title": "", "text": "\"You could put in in a Money Market Fund. These are designed to always be $1 per share, and not lose money. Of course, it still, very rarely, happens and is called \"\"breaking the buck\"\" when they do.  Sounds like the high yield savings is the way to go. The rates will be the same as what you can get from a Money Market Fund, but you also have the added advantage that the account is FDIC insured. BTW, using a Roth as an emergency fund is a terrible idea. It is true that, since you already paid taxes on your contributions, you can withdraw those contributions without incurring penalties. However, you have to file paperwork to do it, and since it's not common, the IRA custodian is likely to screw it up. Plus, you have to keep track of what were contributions, and what was investment returns, to not run afoul of the penalties. And it will take time to do it, which you may not have in an emergency. Considering you're only looking at getting 1% interest anyway, there's no reason to use a Roth account as an emergency fund. You can set those same automatic deposits into a savings account.\""}
{"_id": "416661", "title": "", "text": "Another, perhaps simpler approach to the same result as @BenMiller. Firstly, if you can pay off the debt today, for 1695.70 cash, then that is the amount of your debt to the hospital.  There is no such thing as a discount for cash; just extra money to pay if don't pay immediately.  This extra money is called interest, and the hospital is indeed charging you interest. Use any mortgage program to find the interest rate if you pay off a debt of 1695.70 with 60 monthly payments of 37.68.  The program should tell you that you are paying 12.64% effective annual interest. If you can earn more than that, after taxes, with your money somewhere else, then invest the cash there and pay off the hospital over time.  If you can't, then pay off the debt immediately, and avoid writing 60 cheques. EDIT:  Incorrect calculation revised as per @Ben Miller"}
{"_id": "416668", "title": "", "text": "The Apollo Group (University of Phoenix) had to pay out, I believe it was $2.5 million, for asking if a couple people were Mormon.  This was a few years back, but everyone knows you don't talk about religion, age and pregnancy when interviewing."}
{"_id": "416674", "title": "", "text": "I call bullshit.  $7 an hour, both parents working 40 hours a week.  Assume they pay no federal income tax (is this a govt hand out?) so they take home say... $500 a week, combined, to be generous.  That's $2000 a month.  Daycare for two young kids, you did say a family right?  That's $1000 a month.  Now, shelter and heat.  Are you working in a city where you can ride the bus, and pay $1000 a month for a small apartment, or in the country where you can get a house for $650 a month, but then have to own two cars and pay for gas?  Do I need to go much further?"}
{"_id": "416679", "title": "", "text": "I'm not sure if someone else answered already in the same manner I will. I can't guarantee for sure if it's the same in the U.S.A. (it might since major credit cards companies like Visa/MC/AMEX are American companies) but in Canada having/keeping unused CC is a disadvantage because of the following: Banks and financing companies look more at the total amount of credit available to you than at how much purchases you have on your cards. Ex: Let's say that you have the following: - Visa cc with $10,000 limit and $2000 worth of purchases (made more than 30 days ago) on it. - Mastercard cc with $10,000 limit as well and $1000 worth of purchases (less than 30 days old) - A major retail store cc with $2000 limit and $0 balance. Hypothetical situation: You want a bank loan to do some expensive house repairs and are looking for a lower interest rate than what your cc can offer. The bank will not care about the amount on the cards. They will add-up all the limits of your cc and treat your loan request as if ALL your cards were filled to their respective limit.  So in this case: they will consider you as being right now in debt of $10K+$10K+$2K = $22,000 instead of only $3000 and they might:  1. refuse you the loan 2. grant it only if you transfer all purchases on a single card and cancel all the others. 3. Once the $3000 is transferred on one of the cards (and the others cancelled), they can require that you reduce the limit of that card. Hope this helps!"}
{"_id": "416680", "title": "", "text": "Ten years ago Fred Achom had reached a crossroad where he had to make a decision about his future in the wine investment market. The financial regulatory boards responded negatively regarding the idea of advising clients about fine wine investment and charging a premium for the service. The outcome was the suspension of his London's wine investment consultancy, Boington &amp; Fredericks by DTI on charges of mis-selling wine as an investment."}
{"_id": "416683", "title": "", "text": "Seair Exim Solution provides Brass lamp Holder Export Data that is essential your business growth. The Database we offer include with price, Date, HS code, Product Description, Bill of Loading, Quantity, Country Name, Port Name etc."}
{"_id": "416723", "title": "", "text": "Immigration increases the supply side of the labor market, which drives down wages, thus driving down costs for the companies that hire them. That's how the employers pay less.  One of the major reasons why Silicon Valley firms are so outrageously profitable today is because they've utilized the H-1B Visas to reduce wages.   Some people, libertarians especially, would argue that, even if wages within certain markets are decreased, the economy as a whole is still better off since lower costs for businesses results in lower prices for consumers--which can expand markets (more people willing to buy stuff when it's cheaper) and the money saved can now be allocated elsewhere (creating more jobs, advancing technology, etc.).  But, that is a separate and much more complex discussion that involves a lot more variables in order to understand the true cost of the increased immigration (including public services, social cohesion, crime, etc.) versus economic benefits."}
{"_id": "416727", "title": "", "text": "\"I think the key concept here is future value.  The NAV is essentially a book-keeping exercise- you add up all the assets and remove all the liabilities.  For a public company this is spelled out in the balance sheet, and is generally listed at the bottom.  I pulled a recent one from Cisco Systems (because I used to work there and know the numbers  ;-) and you can see it here: roughly $56 billion... https://finance.yahoo.com/q/bs?s=CSCO+Balance+Sheet&annual  Another way to think about it: In theory (and we know about this, right?) the NAV is what you would get if you liquidated the company instantaneously.  A definition I like to use for market cap is \"\"the current assets, plus the perceived present value of all future earnings for the company\"\"... so let's dissect that a little.  The term \"\"present value\"\" is really important, because a million dollars today is worth more than a million dollars next year.  A company expected to make a lot of money soon will be worth more (i.e. a higher market cap) than a company expected to make the same amount of money, but later.  The \"\"all future earnings\"\" part is exactly what it sounds like.  So again, following our cisco example, the current market cap is ~142 billion, which means that \"\"the market\"\" thinks they will earn about $85 billion over the life of the company (in present day dollars).\""}
{"_id": "416732", "title": "", "text": "Your observation is mostly right, that 1 is a the number around which this varies.  You are actually referencing PEG, P/E to Growth ratio, which is a common benchmark to use to evaluate a stock. The article I link to provides more discussion."}
{"_id": "416743", "title": "", "text": "Everybody else has given great answers on what to do, but I just want to add some encouragement. Keep saving.  Learn to live within your means while saving, and things like houses and cars and new electronics will come.  You can always wait a year and save money up for that new TV, but when retirement hits you are out of time.  (I sure wish I had). Keep that retirement money out of sight and (mostly) out of mind. Great job saving and keep up the good work."}
{"_id": "416767", "title": "", "text": "\"The Indian regulator (SEBI) has banned trading in 300 shell companies that it views as being \"\"Shady\"\", including VB Industries. According to Money Control (.com): all these shady companies have started to rally and there was a complaint to SEBI that investors are getting SMSs from various brokerage firms to invest in them This suggests evidence of \"\"pump and dump\"\" style stock promotion.  On the plus side, the SEBI will permit trading in these securities once a month : Trading in these securities shall be permitted once a month (First Monday of the month). Further, any upward price movement in these securities shall not be permitted beyond the last traded price and additional surveillance deposit of 200 percent of trade value shall be collected form the Buyers which shall be retained with Exchanges for a period of five months. This will give you an opportunity to exit your position, however, finding a buyer may be a problem and because of the severe restrictions placed on trading, any bid prices in the market are going to be a fraction of the last trade price.\""}
{"_id": "416778", "title": "", "text": "IBM have been irrelevant to most developers for many years. MS are realising OSS has won and they are flocking to it. They are contributing to linux, even making their own distro, docker, kubernetes and have open sourced a heap of software including .net  They realise they need to win over developers and customers"}
{"_id": "416787", "title": "", "text": "What you are looking for is a 1031 exchange. https://www.irs.gov/uac/like-kind-exchanges-under-irc-code-section-1031 Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free. You may also sell your house for bitcoin and record the sales price on the deed with an equal or lesser amount that you bought it for."}
{"_id": "416789", "title": "", "text": "Equal sized gains and losses in alternating years would lead to an   unjust positive tax. On the contrary. If I can take my gains at the long term rate (15%) in even years, but take losses in odd years, up to $3000, or let them offset short term gains at ordinary rate, I've just gamed the system.  What is the purpose of the wash sale rule? Respectfully, we here can do a fine job of explaining how a bit of tax code works. And we can suggest the implication of those code bits. But, I suspect that it's not easy to explain the history of particular rules. For wash sale, the simple intent is to not let someone take a loss without actually selling the stock for a time. You'd be right to say the +/- 30 days is arbitrary.  I'd ask you to keep 2 things in mind if you continue to frequent this board -"}
{"_id": "416793", "title": "", "text": "\"Barring unusual circumstances, a healthy adult is **absolutely** able to come off a domestic flight \"\"in a functional state\"\" and \"\"be operational at a high level.\"\"   EDIT: someone else pointed out the issue of in-flight productivity. If you're working on the plane (and the work is worth doing on the plane given the price of the upgrade), then it's a different situation.\""}
{"_id": "416796", "title": "", "text": "\"Pay off the highest rate debt. Interest on both are charged on the balance owed, nothing more complicated than that. There are those who would call a mortgage \"\"front loaded\"\" but that's nonsense. Of course most of the payment is interest at the beginning because the debt is higher and you start with a 30 year term. The fastest way to pay off multiple debts is always from highest rate first and then the next and so on.\""}
{"_id": "416799", "title": "", "text": "Yes but you must agree that driving a horse and driving a car are two different skills. People learned those skills. Did every single horse person become a car driver? No. But people learned those skills for a new paradigm. Now there are zero horses on the road. The same could be said for fast food and factory workers. We are talking about jobs on the same level - entry level and not even really what you could call a career."}
{"_id": "416812", "title": "", "text": "the whole angle here was the synergies of whole food's affluent shopping demographic and amazon's efficiency.    All the while Walmart is getting shit on by every millennial that has access to HuffPost for only offering minimum wage jobs to over 500,000 people, Amazon has it in mind to eliminate the job completely, and getting the accolades for having a good reputation in the community.  Comes to show how important it is for a marketing team to control and shape the message perception and interpretation.  In short, Amazon will dry the lake and we will thank them for it, while Walmart made the masses fight for whatever water was left while we chastised them.    How does common man win here unless their parents hand them an inheritance?  p.s. im high"}
{"_id": "416822", "title": "", "text": "And the 2015 investment article will surly show us the light*!* /s        &gt;...Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom\u2019s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company\u2019s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil &amp; Gas 360\u00ae, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom\u2019s Oil &amp; Gas 360\u00ae should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. The company or companies covered in this note did not review the note prior to publication. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil &amp; Gas 360\u00ae. As a result, readers of EnerCom\u2019s reports or Oil &amp; Gas 360\u00ae should be aware that the firm may have a conflict of interest that could affect the objectivity of this report."}
{"_id": "416839", "title": "", "text": "Most funds keep a certain amount in cash at all times to satisfy outflows.  Net inflows will simply be added to the cash balance while net outflows subtract.  When the cash gets too low for the manager's comfort level (depends on the typical pattern of net inflows and outflows, as well as anticipated flows based on recent performance), the manager will sell some of his least favorite holdings, and when the cash gets too high he will buy some new holdings or add to his favorite existing holdings.  A passive fund works similarly, except the buys/sells are structured to minimize tracking error."}
{"_id": "416845", "title": "", "text": "&gt;There is absolutely no reason why David Siegel, or any other parasite, deserves to make his outlandish gains at the expense of their host organism. Of course the parasite's philosophy is that it worked hard to establish its privileged place within the host body, and it is morally wrong for the host to try to starve it of resources. But that philosophy does not translate to the host. If you have a tapeworm, you get it removed. It's not your problem if the tapeworm dies, because you never agreed to let it inhabit your gut in the first place.  Sounds like the argument for communism or perhaps socialism?"}
{"_id": "416855", "title": "", "text": "\"&gt; 66% of the Extra CO2 in the Air is not from Western Countries...  Note that the data is spun to reach this conclusion.  [The argument behind the data is](https://defyccc.com/docs/CO2-Attribution-Halperin-Preprint-2015.pdf):  &gt; ... one can conclude that only a small fraction of the extra CO2, released 100 years ago, is still in the air.  So basically this number comes from an assumption that 1 pound of China's emissions today is the same as about 10 pounds of emissions from western countries in 1900.  The end result is a \"\"total responsibility\"\" count that puts more weight on current emissions over historic emissions.  Of course, the author is trying to push an anti-alarmist agenda here.  If you're going to calculate responsibility with a heavier weight on current emissions, then it also makes sense to divide by current population to get responsibility per capita.  Now I wonder why the author didn't consider that...\""}
{"_id": "416859", "title": "", "text": "Short answer is it's illegal to discriminate against people for reasons of age, gender, religion, race, or any other protected class.  These came about due to the history of various minority classes being kept out of the labor market for no fault of their own other than who they are or what they believe in.  I think the better question would be - if you're the owner of a workplace, why wouldn't you want the person best qualified for the job regardless of class?  I'm a moderate agnostic, and I have worked effectively with everyone from super-conservative fundamentalist Christans to socialist Buddhists.  If they know their stuff, I don't care whether they pray to a mythical sky beast or the bones of their ancestors.  In fact, having some non-Christians around is always nice for holiday coverage.    Sure, business owners should have the right to hire people who work well with existing employees, but that is superseded by the rights of people of all stripes should have the right to be judged based on their merits and not their birth or religion."}
{"_id": "416912", "title": "", "text": "I think firstly we don't know where all the money is. Per the article the original amounts were estimates.  &gt; A team from Norway found that the richest people in the country were 30% richer than had been previously estimated  I guess I'm not sure what you mean by finite, outside of currency...   I linked the visual to show wealth extends far beyond money."}
{"_id": "416919", "title": "", "text": "It adds no REAL value to the company long term. Sure, existing shareholders will make some money on the rising share price after ratios are improved but at the rate these companies are doing it, don't you think it's too much? To me it shows uncertainty for the future and stifled growth. Personally I think shareholders should have the option to vote on approving repurchase plans."}
{"_id": "416933", "title": "", "text": "Let's say the money-giver gets apples by you and he gives you money for them. The money you now have is worth to get apples. If the money now would change its value to negative, the roles would change opposites and you'd owe the money-giver (whom you already gave apples to) even more apples. That's simply insane. The worst money value can be is zero."}
{"_id": "416941", "title": "", "text": "Merrill charges $500 flat fee to (I assume purchase) my untraded or worthless security. In my case, it's an OTC stock whose management used for a microcap scam, which resulted in a class action lawsuit, etc. but the company is still listed on OTC and I'm stuck with 1000s of shares. (No idea about the court decision)"}
{"_id": "416948", "title": "", "text": "Bloody Moron along with the mighty US military can't control more than 20% of his own country, wants to blame Pakistan.  Some body should ask this sock puppet if the Taliban control over 40% of Afghanistan, why the fuck do they need to go to Pakistan?"}
{"_id": "416953", "title": "", "text": "You goal should be in rupees, as you are earning in rupees and spending in rupees. Any other currency is of no value / meaning.   More than being worried about the USD/INR rate, you should be worried about inflation and savings rate. This will change the amount that you need to save for your retirement. The USD/INR rate would anyways get reflected into some of the prices of some of the items and would get relfected into Inflation. Your savings goal should not be an arbitrary number. It should have a purpose. The purpose for saving goal could be to meet education in future, wedding, kids education, vacation, downpayment for house, retirement etc.  Say your goal is to save enough for you Masters degree that you plan to do after 3 years. Say As of today you find the cost fees/book/etc is Rs 100,000 for you Masters degree. Say Additional Rs 100,000 for your stay & food expenses. So essentially you need to save Rs 200,000 in next 3 years. However here is the catch, in 3 years time the inflation around 10% may mean you need to save Rs 200,000 * 1.1 = 220,000 at the end of first year, and 220,000 * 1.1 = 242000 for second year, and 242,000 * 1.1 = 266,200. So essentially you need to save more. If you run this in XLS it will be easy to track and moniter. Now at the end of 1st year whatever you have saved, you may keep it in short term fixed deposits, this would get you interest. So effectively this calculation will tell you how much you need to save monthly. For longer goals, you may say decide to invest the money in shares / PPF / or other instruments, the essential is same the returns that you are getting adds value and the inflation removes value."}
{"_id": "416954", "title": "", "text": "\"&gt;Nowa day workers seem more like they are suppose to be cult members who do back breaking labor (long hour, low/no pay) so their leader can ride around in a limousine and wave at them from time to time.   Well, such \"\"cult\"\" members are easy to exploit.  And it also has hints of feudalism, when people were expected to \"\"tip their hat\"\" to the local Squire, etc.  IMO, we've been on a trend towards that ever since (a century ago) US embarked on its \"\"Imperial\"\" ways (from Teddy Roosevelt on...); but it is a trend that has been accelerating in recent decades (no doubt aided by the virtual \"\"self-indenturing\"\" of people into heavily burdensome consumer debt; something they didn't *have* to accept).\""}
{"_id": "416975", "title": "", "text": "There are no flat fees but typically banks and money exchangers will use a the current market rate, up to the minute for some powerful exchangers.  They then add a little on top depending on many variables.  Those variables can be related to the quantity of currency that organization holds, the average amount they hold, the market trend for that currency, the stability of the currency, the location of that currency exchange, etc. As for the one stop shop for currency exchange providers, you can try moneysupermarket.com Hope that helps."}
{"_id": "416979", "title": "", "text": "That's a very generic response that doesn't pertain to the article at all. How does adding entry level jobs undervalue someone's potential? It should give more people an opportunity to show their potential. If someone doesn't like the way corporate america is set up then deal with it, save up and go start your own company."}
{"_id": "416995", "title": "", "text": "\"I believe that is the purpose of write-offs aka \"\"loopholes\"\", to save people money on their taxes.  The tax code is an incentive system, right now there are huge incentives for corporations to organize themselves in odd ways to avoid taxes. If we restructure the tax code, the behavior will change. No sense in blaming companies for playing by the rules.\""}
{"_id": "417019", "title": "", "text": "\"&gt;You bring up a very good point. If he cares so much about his employees, but it's just too inconvenient for him to run the company if his taxes go up 5%, why not sell it instead of putting 7000 people out of a job? Why threaten people when there's an obvious alternative? Hell, if he just wants to close it anyways, he could just give the company away.  It's funny you think we're talking about only 5%, liabilities could go up 10-15%. It's not just taxes, its insurance liabilities and other requirements. What \"\"business\"\" experience do you have? You obviously aren't considering all the angles here. And it's not about caring or not caring about his employees. Believe it or not I'll bet he didn't start the company 40+ years ago to create jobs for his employees. Caring for employees only gets you so far, he probably cares for them as much as he cares about his office or his properties. But if one of his office became condemned and dealing with it became more stressful than profitable, guess what? He'd blow it up and never look back.  &gt;Nope. He explicitly states that he will downsize or close the company if there are any new taxes whatsoever on either him or the business. It's also worth noting that his company is currently more profitable than its ever been.  But that comes down from somebody who has seen increased liabilities increased over the decades. Its all or nothing at this point. And it wouldn't be a tiny increase in liabilities. Gross profit =/= net profit.  &gt;What?  Obama has used the argument \"\"you didn't build that\"\" to say you benefited from other people's taxes to get where you are. But guess what? Government existed just fine without increased taxes. It's only now that they want to maintain and will increase the level of spending they need more revenues and private participation in things like the healthcare plan.  &gt;Yeah so maybe he should cut his bullshit rhetoric when those jobs are on the line and the only one responsible for their fates is him. And if it's really too much of a bother for him to run the company if he's making slightly less money when he's already said he has more money than he'll ever need, he can promote someone else to run the company or just sell it. Saying he cares about his employees makes him a liar, criticizing people who spent beyond their means makes him a hypocrite, and his empty threats and brow beating make him a bully.  Jobs are a byproduct of his goal and thus peripheral. They are that way for EVERY company. Unless it's a very small company the employees are not more important than the business itself.  You keep portraying this as \"\"slightly less\"\" but its not, its millions and millions.   The point is, it is his company and he can do whatever he wants. You obviously have no actual decision making business experience because if you did and talked to these people you'd realize they're not all greedy. Yes some make quite a bit of profit, but you'd also be amazed at all of the liabilities, government requirements and yes taxes they have to deal with.  Right or wrong it's choice to decide what happens. not yours, not mine.\""}
{"_id": "417027", "title": "", "text": "\"There was a time when a new Aston Martin was an exciting thing. They once produced the greatest looking car the world has ever seen; the V8 Vantage.  But it's all been downhill from there, with Aston designers being almost as lazy as 911 \"\"designers\"\", and all subsequent Astons being same-old-same-old. So boring.\""}
{"_id": "417054", "title": "", "text": "What I am saying is that social contract, despite the words chosen and combined in order to label the concept, is not a literal contract or agreement.  How is it not common sense that individuals have to make some sacrifices for the good of their community/state/republic?  If you think that a nation can function on the level that US does without majority of its citizens paying their taxes, I don't know what alternative you are offering for paying the costs of running a country."}
{"_id": "417061", "title": "", "text": "Agreed - I noticed some of the materials seemed legit, but like you said, all of the good stuff is other people's work.  I listened to the CD speeches from the founder and I was just completely turned off by much of what he said.  I will most likely try and turn folks off if anyone ever asks me about it in the future.  Thanks again!"}
{"_id": "417062", "title": "", "text": "I'm not looking to contradict a fact. I'm contradicting the view that the fact is bad. It's not. Investors need an incentive to keep investing, in the short and long term.  If, for example, pharma companies were to invest only in R&amp;D, which is a high risk, high reward, long term prospect, it'd be exposed to only one kind of risk which is open to a single risk-factor materialising, at which point the entire equity will be wiped off in one single sweep.  At the end of the day, all businesses have to create share holder value, in the short and long term. The only contemporary exceptions are StartUps like Amazon and Uber. And we know from Dotcom Bust, Yahoo, etc that this is hardly a tenable strategy."}
{"_id": "417068", "title": "", "text": "\"She pissed off a customer service person, and that person obviously called over and had her good reviews \"\"filtered\"\". I'm betting she's not an easy person to get along with, and Yelp doesn't necessarily HAVE to give you good reviews - they just have to \"\"promote\"\" you. I'm not a business owner, so I will honestly admit I don't know the details of the service you are guaranteed to receive when you pay Yelp.\""}
{"_id": "417091", "title": "", "text": "As a rule, purchasing fairly priced (minus a spread) insurance on items you can afford to replace is a bad idea. However, in addition to the points mentioned in the previous answers, one should note that many types of insurance are UNDERpriced because on average people do not make claims even though they are entitled to them.  If you purchase something moderately priced at Best Buy and get the extended warranty and it breaks down a year later, you will be unlikely to even remember that you purchased the insurance much less go through the trouble of making a claim.  More likely you will just go buy a replacement or whatever the latest and greatest iteration is.  It's like homeowner's insurance--an amazing number of things is covered but no one ever makes claims, so it is cheap.  If you are a person who remembers and utilizes warranties and insurance, there are many types of insurance that will save you money in expectation.   The other thing is that you know more about your own riskiness than the insurer does.  I had a girlfriend who bought super comprehensive insurance on her crappy old car.  I was quite stern with her about it but could not change her mind.  She totaled it a few months later.  They bought her a replacement.  She got in a more serious accident with that car and got yet another one in addition to payment of her medical care, which did not even go to her health care insurance.  Yes, her rates went up, but not fast enough to deal with how risky she was.  Another example: I used to carry an e-book reader around in my shirt pocket and read it any time I had a chance.  Cheap item and not that delicate, but since I had it with me all the time and used it constantly, it was a big risk for the store.  The extended warranty would have been a great idea. In short, avoid extended warranties and insurance on things you can afford to lose unless you know that you are high risk or are otherwise more likely than average to make a claim."}
{"_id": "417107", "title": "", "text": "A landlord or any creditor can still put negative information in your credit report without your social security number - it just takes a bit more sleuthing on their part. If you want perfect credit, either   1. don't break your lease;   2. break it with the written permission of the landlord (by paying some compensation, for example); or   3. break it with legal permission by asking a court to vacate the terms of the lease."}
{"_id": "417118", "title": "", "text": "There is no evidence that QE had a negative effect on hedge fund alpha. If you claim, that hedge funds are not able to deliver positive risk adjusted return in up markets - this is wrong assumption. It's been proven, that with the leverage they get, hedge funds can perform better in bullish markets.  We recently investigated the performance of 180 Danish funds in the past two decades. We found no evidence that they could outperform their relative benchmarks. Not even that, but we also assumed zero costs for investor, where in reality costs can range from 2 to 5%. Danish funds not only fail in term of positive risk adjusted return, but they also struggle to cover their costs.  TL:DR The lover the cost - the higher the return. Evidence says - Go passive!"}
{"_id": "417124", "title": "", "text": "Besides, driving there and back contributes to climate change, which is already contributing to even more starvation in Bangladesh, where starvation is something that the people there haven't been able to deal well with for quite a few decades already.  If somebody really wants a crappy burger the least they could do is ride a bicycle or walk there and back."}
{"_id": "417128", "title": "", "text": "\"For learning about finances my main two financial resources are this site, and the Motley Fool. My secondary sources are keeping up with columns by my favourite economic journalists - in the press in the US, Australia, England, and India. Regarding your comment about feeling green on the basics despite the reading - you're not alone. I've been interested in financials for better than 10 years, but there are a lot of questions on this site where I say to myself, \"\"I've no idea of what the answer could be, what are our resident experts saying?\"\" Having said that, there are some topics where I feel as though I can weigh in - and they tend to be where I have a little book knowledge and a lot of personal experience.\""}
{"_id": "417130", "title": "", "text": "Building your credit takes time.  The basic idea is pay bills on time, and keep the available credit high.    So you spend between 10-30% on the card and pay off in full each month.  If you have student loans, once you start paying on those, that will help too, after you get some payment history, but again, it will take time."}
{"_id": "417133", "title": "", "text": "I am using my debit card regularly: in ATM's with a pin, in stores with my signature, and online. But later you say  But from what I recall from starting my own business (a LONG time ago), for debit cards there's only a per-transaction fee of like $0.25, not a percentage cut. Only pin transactions have just a per-transaction fee paid by you to the merchant (and you are reimbursed by Schwab).  If you use your card with just a signature or online without a pin, then it is a credit transaction from the merchant's perspective.  The merchant pays a fee and Schwab gets its cut of that.  So for two of the transaction types that you describe, the merchant pays Schwab (indirectly) out of your payment.  Only when you enter your pin does it process as a debit transaction where Schwab pays the merchant.   Because check cards withdraw the money from your account immediately, you don't even get the twenty to fifty day grace period.  So those merchant fees are pure profit for Schwab, offsetting the loss from the ATM fees.   You claim $4-5k in fees at $.25 each.  That's sixteen to twenty thousand transactions.  Assuming that several is four to five years, that's more than ten transactions a day.  That seems like a lot.  I can see three for meals, one for miscellaneous, and maybe some shopping.  But if I go shopping one day, I don't normally go again for a while.  I have trouble seeing a consistent average of five or more transactions a day.   Even if we use just the higher ATM fees (e.g. $2), that's still more than a transaction a day.  That's an extreme level of usage, particularly for someone who also makes frequent purchases via card.   I haven't done any other business with them. I find this confusing.  How does money get into your account?  At some point, you must have deposited money into the account.  You can't debit from an account without a positive balance.  So you must have done or be doing some kind of business with them.  If nothing else, they can invest the balance that you deposit.  Note that they make a profit off such investments.  They share some of that profit with you in the form of interest, but not that much really.   Of course, Schwab may still be losing money on your transactions.  We can't really tell without more information on how much of each transaction type you do and how much of a balance you maintain.  Perhaps they are hoping that you will do other, more profitable, activities in the future.   I doubt there are that many Schwab customers like you describe yourself.  As best I've been able to see, they advertise their banking services just to investment customers.  So it's unlikely that many customers who don't use their investment services use their banking services just for ATM reimbursements."}
{"_id": "417170", "title": "", "text": "\"The risk is that greece defaults on it's debts and the rest of the eurozone chose to punish it by kicking it out of the Eurozone and cutting off it's banks from ECB funds. Since the greek government and banks are already in pretty dire straits this would leave greece with little choice but to forciblly convert deposits in those banks to a \"\"new drachma\"\". The exchange rate used for the forced conversions would almost certainly be unfavorable compared to market rates soon after the conversion. There would likely be capital controls to prevent people pulling their money out in the runup to the forced conversion. While I guess they could theoretically perform the forced conversion only on Euro deposits this seems politically unlikely to me.\""}
{"_id": "417178", "title": "", "text": "Why do they need sky scrapers? And if for some reason they do, why can't they just be in Rosslyn? Tysons? Reston? The DC pitches in the city itselfinclude blocks of mid rise space that would do just fine. Plenty of areas in the DC area if they feel the educated workforce is worth the higher cost of living."}
{"_id": "417208", "title": "", "text": "\"I'll add a bit to Paul's excellent write up. Foreign Earned Income Exclusion (form 2555): notice the earned there. It doesn't exclude capital gains, interest, dividends, and basically everything that is not salary. You pay US taxes on it from the first cent. Foreign tax credit - foreign tax credit (form 1116) doesn't reduce your US tax dollar for dollar (even though it may appear that it does from the generic explanations). By using this form you may end up accumulating unused credit while still paying double taxes at the same time. Happened to me. Thank Congress for the logical and reasonable US tax laws. New FATCA form 8938: as opposed to FBAR (that goes to the FinCEN in the Treasury), this one goes to the IRS. it contains very similar info, but the threshold requirements are different. You may have to file FBAR, but not these, or you may have to file both. Being an American citizen, some European banks will refuse to provide services to you. Again, thank Congress for FATCA. It requires foreign banks to enforce US tax regulations on US citizens, and banks that won't will get penalized in the US. Many banks refuse to provide services to Americans because of that because what IRS requires is illegal in most countries. Some countries (like UK and some other EU countries) have signed treaties with the US to resolve this, but many haven't. Currency conversion - as I commented to Paul, you convert the amounts when you receive them, which may have your fixed EUR salary be converted to different dollar amounts every time. You need to make sure you do it right. Pensions, savings, investments - if you're doing these in non-US instruments prepare to be penalized. US taxes foreign investments much more aggressively than domestic. If you're investing in indexes/mutual funds, or you're a principle in a corporation, or you create a pension account - you'll get hit by additional reporting requirements and tax. Tax treaties - the US has tax treaties with many EU countries, and equalization treaties with some. The tax treaties affect the standard tax treatment by the US and some of the \"\"generic\"\" info you got here may not apply because of a tax treaty, and some other rules may apply. Equalization treaties work similarly with regards to the Social Security. Bottom line, and I know Paul disagrees with me on this - talk with a US-licensed adviser in the country you're going to. It is very important for your tax adviser to know the relevant treaty (and not read it the first time when you call him), and to understand each and every financial instrument in your country. Missing piece of paper in your tax return can cost you thousands of dollars in penalties (not exaggerating, not filing form 3520 triggers a $10000 penalty, even if there's no tax) and additional taxes.\""}
{"_id": "417228", "title": "", "text": "\"To quote Judge Judy:  \"\"Our courts are not in the business of settling assets of couples who decide to play house\"\". This is one of the reasons we put off buying houses with a partner until we are married.  The courts have rules for couples who marry, then split,  but none for those who don't. In the scenerio you spelled out, you are at the mercy of your ex-boyfriend as far as getting your downpayment back.  Legally, you are entitled to 50% of the funds remaining after the sale and expenses.\""}
{"_id": "417257", "title": "", "text": "You might want to bring this fancy new IRS rule to your employer's attention.  If your employer sets it up, an After-Tax 401(k) Plan allows employees to contribute after-tax money above the $18k/year limit into a special 401(k) that allows deferral of tax on all earnings until withdrawal in retirement. Now, if you think about it, that's not all that special on its own.  Since you've already paid tax on the contribution, you could imitate the above plan all by yourself by simply investing in things that generate no income until the day you sell them and then just waiting to sell them until retirement.  So basically you're locking up money until retirement and getting zero benefit. But here's the cool part:  the new IRS rule says you can roll over these contributions into a Roth 401(k) or Roth IRA with no extra taxes or penalties!  And a Roth plan is much better, because you don't have to pay tax ever on the earnings.  So you can contribute to this After-Tax plan and then immediately roll over into a Roth plan and start earning tax-free forever. Now, the article I linked above gets some important things slightly wrong.  It seems to suggest that your company is not allowed to create a brand new 401(k) bucket for these special After-Tax contributions.  And that means that you would have to mingle pre-tax and post-tax dollars in your existing Traditional 401(k), which would just completely destroy the usefulness of the rollover to Roth.  That would make this whole thing worthless. However, I know from personal experience that this is not true.  Your company can most definitely set up a separate After-Tax plan to receive all of these new contributions.  Then there's no mingling of pre-tax and post-tax dollars, and you can do the rollover to Roth with the click of a button, no taxes or penalties owed. Now, this new plan still sits under the overall umbrella of your company's total retirement plan offerings.  So the total amount of money that you can put into a Traditional 401(k), a Roth 401(k), and this new After-Tax 401(k) -- both your personal contributions and your company's match (if any) -- is still limited to $53k per year and still must satisfy all the non-discrimination rules for HCEs, etc. So it's not trivial to set up, and your company will almost certainly not be able to go all the way to $53k, but they could get a lot closer than they currently do."}
{"_id": "417286", "title": "", "text": "Meagrely transferring money within your own accounts doesn't result in any tax, however legally once you are an NRI you cannot operate a savings account at all as per Reserve Bank Guidelines found here One option is for you to transfer to a joint account held by a close relative of yours with you and this would be tax free in India."}
{"_id": "417295", "title": "", "text": "If the $882 is reported on W2 as your income then it is added to your taxable income on W2 and is taxed as salary. Your basis then becomes $5882. If it is not reported on your W2 - you need to add it yourself. Its salary income. If its not properly reported on W2 it may have some issues with FICA, so I suggest talking to your salary department to verify it is. In any case, this is not short term capital gain. Your broker may or may not be aware of the reporting on W2, and if they report the basis as $5000 on your 1099, when you fill your tax form you can add a statement that it is ESPP reported on W2 and change the basis to correct one. H&R Block and TurboTax both support that (you need to chose the correct type of investment there)."}
{"_id": "417297", "title": "", "text": "/r/economy is the only place I interact and post, although I do a significant amount of reading on a number of business websites.  as with most things on reddit, it's entertaining, but I find reddit to be composed of - as a user base - liberal leaning individuals with quasi-knowledge on all things capitalism, industry, and business in general. I see a lot of things on universal basic income, increased gov't in certain areas, and arguments over taxation, all of which are missing the larger picture.  I guess I'm trying to change the minds of a few outspoken people who may be right that 1 + 1 - 1 + 1 = 2, but forgot to notice the parenthesis that makes it 1 + 1 - (1 + 1) = 0. They're technically right but don't know how to think beyond the simplistic Huffpost crap that is created on a daily basis.  And sometimes I'm given new perspectives on things I'm normally not exposed to. I get a chance to see the other side of the coin on things like free trade agreements, corporate redomiciling, and wealth inequality.  It's a way to stay active, learn, and be connected. Public forums are a great way to get judged with real time feedback."}
{"_id": "417301", "title": "", "text": "You should not open bank accounts just to get additional credit cards. You should be careful about carrying too many credit cards and incurring too much debt as you could find yourself in a situation whereby you may not be able to pay off your monthly interest, much less the principal balance. Credit cards are not insurance. With many years of experience under my belt I can tell you that the best approach is to live within (or below) your means and avoid carrying a balance on credit cards. I carry only one credit card (really a charge card) and I pay off the balance every month. Treat a credit card as a 30 day interest free loan and pay your balance off in full every month...as you progress through life you will save yourself a lot of heartache (and money) if you take this approach."}
{"_id": "417302", "title": "", "text": "\"The testimonies against Armstrong explicitly outline how he was able to get away with what he did.  To say that because his blood tests came up clean, and therefore he is innocent is just plain stupid. Let's say I have a weapon gun which after firing once disappears into thin air. I use this weapon to commit a murder and nobody sees me do it. I am apprehended immediately after the murder occurs but the police find no weapon on me so I am free to go. Now let's say 26 people report to the police of what I had done. One of those people is the person who manufactured the gun. Wouldn't it be stupid for me to defend myself by saying \"\"You found no gun on me after the murder therefore I am innocent\"\"?\""}
{"_id": "417311", "title": "", "text": "The prime rate is actually the rate at which banks lend to consumers/businesses with the highest credit ratings.  The bank rate (more commonly known as the overnight rate) is the interest rate at which banks can borrow funds from the Bank of Canada or from each other."}
{"_id": "417365", "title": "", "text": "\"First, as @littleadv mentions, and as I've pointed out before, anyone who participates in a market using limit orders (which, by the way, should be every non-professional investor) is by definition a market maker.  So, I will assume that your question pertains both to official market makers and to \"\"retail investors\"\" using limit orders. When you remark that there are such \"\"tight spreads\"\" in \"\"liquid assets\"\", what you are really saying is \"\"wow, look at all the market makers in these products!\"\"  That's the benefit of electronic trading and algorithmic traders -- millions of participants each with their own opinion of the value of a financial instrument, trying to find people who have very specifically opposing opinions of the value of that same instrument.  This is called price discovery, and is the entire point of financial markets. So, you ask why are there all these market makers present to create such tight spreads in assets like SPY?  Answer: Because they can make money in these markets: Imagine (towards a contradiction) that market makers thought they couldn't make money by offering tight spreads in SPY, and so SPY had a wider spread than it actually does.  For example, say the highest bid for SPY was $99.98 and the lowest ask was $100.01.  Now imagine that a market maker with perfect knowledge of the future came along knowing that he would be able to sell SPY for $100.01 in 5 minutes.  Then he would load up as many buy orders as he could for $100.00 or lower.  (He wouldn't bid $100.01 or higher because those trades would not be profitable according to his information -- at least not 5 minutes from now.)  So the spread had previously been $0.03 and then suddenly it was $0.01, all because a market maker with better information came along and realized he could make money by creating a tighter market! Now, nobody has perfect knowledge of the future, which is why markets are never infinitely tight or infinitely liquid.  Each market maker has to weigh possible profits against the probability that those profits will actually turn into losses.  But if one market maker decides not to participate in a particular instrument, there's bound to be another market maker who will happily take his place.  So the very fact that there are so many market participants with resting buy/sell orders for SPY right now is proof that there are market makers able to make money doing so.  If they could not make money, they wouldn't be there, and the spread would be wider. 10-15 years ago, before electronic trading and algorithmic trading, the number of market participants was far lower, and the spreads were far wider, meaning retail investors like you and me had a much harder time making money.  The only people making money were the institutional investors, the brokers, and the exchanges.  Now that all these new millions of players are present in the market, retail investors like you and me get to participate and make money too.\""}
{"_id": "417375", "title": "", "text": "\"How do treasury auctions work? First, the US government will issue a notice indicating how much money it would like to borrow. Below is an actual announcement issued by the treasury department that it will be having an auction to raise $23 billion.  The announcement indicates the date of the auction (March 8th, 2011 in the example) as well as deadlines for competitive (11:30 AM) and noncompetitive (11:00 AM) bids. If you would like to participate in the auction then your bids must be submitted before these times. Competitive Bid - the bidder specifies the maximum price they will pay for the security. All treasuries are priced in $100 so bids are submitted in terms of buying a security that will repay the owner $100 when the security matures ($100 is the face or par value). Noncompetitive Bid - the bidder does not specify any maximum price requirement. These bidders are first in line to be issued a bill but they will get whatever price is determined at auction. There is a limit of $5 million that can be submitted as a noncompetitive bid per bidder per auction. For competitive bids any one customer can be awarded a maximum of 35% of the total offering. In order to better illustrate the mechanics of the auction let's go back to the example. The table below is a hypothetical list of bids for the $23 billion being issued. The bids include the total amount the bidder is willing to purchase as well as the maximum price the bidder will pay based on a $100 par value note. Bid 1: $5 billion, max price: don't care (noncompete) Bid 2: $10 billion, max price: don't care (noncompete) Bid 3: $5 billion, max price: $98 Bid 4: $5 billion, max price: $95 Bid 5: $10 billion, max price: $92 Bid 6: $5 billion, max price: $90 Notice there is a total of $40 billion in bids. The auction is only for $23 billion. This means some bids will go unfilled. The ratio between bids and the amount of the auction is called the bid-to-cover ration. For our example it is 1.74 ($40/$23). A high bid-to-cover ratio indicates a strong demand for the bonds since there are a lot of bidders. A low ratio indicates weak demand. A ratio under 2.0 is considered weak. The bids are filled in the following manner: Results of our example auction: Bid 1: $5 billion, max price: noncompetitive, All $5 billion filled at $95 Bid 2: $10 billion, max price: noncompetitive, All $10 billion filled at $95 Bid 3: $5 billion, max price: $98, All $5 billion filled at $95 Bid 4: $5 billion, max price: $95, Only $3 billion filled at $95 Bid 5: $10 billion, max price: $92, Not filled Bid 6: $5 billion, max price: $90, Not filled Once the auction is completed the treasury will post the results of the auction. Below is the actual results of the auction.  There are some additional items that are reported from the auction: High Rate: This is the highest yield (or the lowest price) that was accepted at the auction. For our example this would be $95. Allotted at High: This is the percentage of the total that was filled at the highest accepted yield (or lowest accepted price). For our example, the last $3 billion we filled was at the lowest price so our allotment at high would be $3/$23 = 13%. Price: Price as determined by the auction. Median Rate: Half of the competitive bids were submitted below this rate while the other half were above. Low Rate: The lowest yield (or highest price) submitted for the competitive bids. The announcement also shows the breakdown of the amount of bids submitted noncompetitively versus competitively and how much was rewarded for those same categories. There is an entry in the middle of the results announcement listed as SOMA. This stands for System Open Market Account. This represents treasuries that are held by the Federal Reserve. If the Federal Reserve has treasuries that are maturing then it is expected that they will use the proceeds from those maturing treasuries to buy new treasuries. For our example auction the FED had no bills maturing at the time. If they did then the FED would also get the same price determined at the auction. Here is an article I wrote with a little more detail on the auction process.  I've included my sources at the end of the article. As for treasuries being a \"\"safe\"\" investment?  I'm not so sure.  Right now the yield on 10 years is around 2.5%.  Who, in their right mind, would lend money to the government for 10 years at 2.5%?  Not me.\""}
{"_id": "417388", "title": "", "text": "The 401(k) contribution is Federal tax free, when you make the contribution, and most likely State too.  I believe that is true for California, specifically. There was a court case some years ago about people making 401(k) or IRA contributions in New York, avoiding the New York state income tax.  Then they moved to Florida (no income tax), and took the money out.  New York sued, saying they had to pay the New York income tax that had been deferred, but the court said no.  So you should be able to avoid California state income tax, and then later if you were to move to, for example, Texas (no income tax), have no state income tax liability. At the Federal level, you will have different problems.  You won't have the money; it will be held by the 401(k) trustee.  When you try to access the money (cash the account out), you will have to pay the deferred taxes.  Effectively, when you remove the money it becomes income in the year it is removed. You can take the money out at any time, but if you are less than 59 1/2 at the time that you take it, there is a 10% penalty.  The agreement is that the Feds let you defer paying the tax because it is going to finance your retirement, and they will tax it later.  If you take it out before 59 1/2, they figure you are not retired yet, and are breaking your part of the agreement. Of course you can generally leave the money in the 401(k) plan with your old employer and let it grow until you are 59.5, or roll it over into another 401(k) with a new employer (if they let you), or into an IRA.  But if you have returned to your own country, having an account in the U.S. would introduce both investment risk and currency risk. If you are in another country when you want the money, the question would be where your U.S. residence would be.  If you live in California, then go to, say France, your U.S. residence would still be California, and you would still owe California income tax.  If you move from California to Texas and then to France, your U.S. residence would be Texas.   This is pretty vague, as you might have heard in the Rahm Emanual case -- was he a resident of Chicago or Washington, D.C.?  Same problem with Howard Hughes who was born in Texas, but then spent most his life in California, then to Nevada, then to Nicaragua, and the Bahamas.  When he died Texas, California and Nevada all claimed him as a resident, for estate taxes.  The important thing is to be able to make a reasonable case that you are a resident of where ever you want to be -- driver's license, mailing address, living quarters, and so on."}
{"_id": "417400", "title": "", "text": "I wrote a small Excel-based bookkeeping system that handles three things: income, expenses, and tax (including VAT, which you Americans can rename GST).  Download it here."}
{"_id": "417407", "title": "", "text": "\"As you know, the market is in turmoil today. At this moment, 11:45 am, the S&P is down 2.3%, 45 points. But, premarket, it was down 100 points.  Now, premarket, I heard Jim Cramer say, \"\"today is not the day to use market orders.\"\" Yes, on Mad Money, he seems a bit eccentric, but he does offer some wise advice at times.  In my opinion, your stock had some people that did just that. A market order. And, regardless of the fundamentals of this company, buyers had no orders to buy. Except a couple wise guys (in both senses) that put in buys at crazy prices. And they filled. With an Apple, trading around $100, the book probably has millions of shares on order with a buy at $80 or higher. Just an example. I'd bet there were a number of stocks that had the profile of yours, i.e. a chart reflecting trades similar to a flash crash. There are some traders smiling ear to ear, and some crying in their beer.     (Note - I use the phrase \"\"in my opinion.\"\" This is the only explanation I can imagine. Occam's Razor.)\""}
{"_id": "417446", "title": "", "text": "\"I'm going to discuss this, in general, as specific investment advice isn't allowed here. What type of account is the $60K in now? I mean - Is it in a 401(k), IRA or regular account/CD/money market?  You are still working? Does your company offer any kind of matched 401(k)? If so, take advantage of that right up the level they'll match. If not, are you currently depositing to pretax IRAs? You can't just deposit that $60K into an IRA if it isn't already, but you can put $11k/yr ($5 for you, $6K for hubby if you make $11K or more this year.) Now, disclaimer, I am anti-annuity. Like many who are pro or con on issues, this is my nature. The one type of annuity I actually like is the Immediate Annuity. The link is not for an end company, it shows quotes from many and is meant as an example. Today, a 65 yr old man can get $600/mo with a $100K purchase. This is 7.2%, in an economy in which rates are sub 3%. You give up principal in exchange for this higher annual return.  This is a viable solution for the just-retired person whose money will run out when looking at a 4-5% withdrawal but 1% CD rate. In general, these products are no more complex that what I just described, unlike annuities sold to younger fold which combine high fees with returns that are so complex to describe that most agents can't keep their story straight.  Aside from the immediate flavor, all other annuities are partial sold (there's a quote among finance folk - \"\"annuities are sold, not bought\"\") based on their tax deferral features. I don't suspect you are in a tax bracket where that feature has any value to you.  At 48/54, with at least 10 years ahead of you, I'd research 'diversification' and 'asset allocation'. Even $60K is enough to proper invest these funds until you retire and then decide what's right for you.   Beginners' Guide to Asset Allocation, Diversification, and Rebalancing is an interesting introduction, and it's written by the SEC, so your tax dollars paid for it.  Some months ago, I wrote Diversifying to Reduce Risk, which falls short of a complete discussion of asset allocation, but it does illustrate the power of being in a stock/bond mix. The ups and downs were reduced significantly compared to the all stock portfolio.  (for follow up or to help others reply to you, a bit more detail on the current investments, and how you are devastated, eg was there a huge loss from what you had a few years ago?) Edit - The original poster hasn't returned. Posted the question and left. It's unfortunate as this was someone who would benefit from the dialog, and the answers here can help others in a similar position, but I feel more discussion is in order for the OP. Last, I caught a downvote on my reply today. I take no offense, but curious which part of my answer the DVer disagreed with.\""}
{"_id": "417450", "title": "", "text": "Personal finance startup BillGuard has raised $10 million in second-round financing, and it\u2019s using it to expand its service that helps protect accounts from fraudulent activity, the company said Tuesday.  BillGuard protects users by registering their credit and debit cards and keeping an eye out for questionable and fraudulent charges. The company uses a crowdsourced approach to identifying unauthorized charges, by not only providing its own detection but also incorporating users\u2019 billing complaints to track and analyze payments.  BillGuard\u2019s big second round of funding comes from a powerhouse group, including Khosla Ventures, Eric Schmidt\u2019s Innovation Endeavors and Peter Thiel\u2019s Founders Fund.  \u201cAt Khosla Ventures we love entrepreneurs who dare to tackle large problems with disruptive, bottom-up methods,\u201d said Vinod Khosla, founding partner of Khosla Ventures, in a statement.  At present, BillGuard is free to use for anyone who wants to sign up. So how is it going to make money? The company is talking to large banks that could act as partners and incorporate BillGuard on a per-customer basis for a small fee. BillGuard is also exploring the idea of a merchant certification program that would let merchants have access to some its data, and follow up with customers who end up with fraudulent or questionable charges.  New York-based BillGuard previously raised $3 million in its first round of funding from Bessemer Venture Partners and IA Ventures. BillGuard made its public debut on stage at the TechCrunch Disrupt conference in May 2011."}
{"_id": "417455", "title": "", "text": "Many European countires allow you to an account for non-residents. You have to appear in the bank personally to open it, some of them even to get your own tax number for non-residents from the local government.  I'm not sure if you get a Visa (Electron) chip card immediatelly or you have to wait for like 3 months before being issued one. I've heard that getting a tax number for non-residents and opening a bank account is easily done in one day in Brezice, Republic of Slovenia. They seem to have agile local bureaucracy and banks, since many pople from neighbouring (non-EU) countries (used to) come there to open an EU bank account. Funds can be transfered via Internet banking - US banks have that, do they? SWIFT and IBAN codes are used for international money transfer. But it takes some time (days!) for it to arrive to destination. Tansfers below $20000 per month or per transaction are considered normal, but for amouts above that the destination bank might ask you to explain the purpose, to prove it is not illegal. Some of them accept the explanaiton in writing (they forward it to the regulator that tracks such large transfers), some of them ask you to appear there in person for an interview and to sign a statement. Can't believe US banks are still issuing paing magnet stripe cards like it's still 1980s. I'd expect Europe to be 10 years behind USA in technology, but this seems to be a weird reverse. I've beed using Internet banking with one-time passwd tokens and TAN lists for almost 10 years, and chip cards exclusivley for over 5y. Can't remeber the last time I've seen mag stripe card only. American Express (event the regular green one) got the chip at least 5 years ago. And it is accepted regularly in Europe. Alegedly it's more popular in Europe (although Mastercard is a definite #1, with Visa close to that) that in USA."}
{"_id": "417457", "title": "", "text": "One possibility is to lock in gains by selling, where a selling price can attempt to be optimized by initiating a trailing stop loss order. You'll have to look at the pros and cons of that kind of order to see if it is right for you. Another possibility is to begin hedging with options contracts, if that security is optionable. Puts with the appropriate delta will cost over time against future gains in the stock's price, but will protect your wealth if the stock price falls from this high point. These possibilities depend on what your investment goals are. For instance, if you are buying no matter what price because you like the forward guidance of the company, then it changes your capital growth and preservation decisions."}
{"_id": "417460", "title": "", "text": "\"The bank provides a service that the customer voluntarily agreed to - the bank will provide funds to the customer now and the customer will pay back those funds plus interest in the future.  The arragement wasn't forced onto the customer. The government, on the other hand, takes money (the exchange is not volutary) from people to provide a \"\"service\"\".  This frustrates a lot of people - myself included - since people do not have a choice.  They must pay the taxes or go to jail (or have their house confisicated, wages garnished, etc.).  It gets even more frustrating when the government takes money from the people and gives it to the banks, auto companies, insurance companies, etc..\""}
{"_id": "417467", "title": "", "text": "If you turned off the political news since Trump was elected, the vast majority of Americans would see no impact to their lives. What this proves is that the government isn't as essential as we think it is, and the government can survive things like Trump. What amuses me is that those who demanded greater federal government control before Trump are backpedaling like mad. If Trump shifts the balance of power to states and away from the federal government, I believe that will be the greatest benefit of having Trump elected."}
{"_id": "417501", "title": "", "text": "Ideally you would negotiate a car price without ever mentioning: And other factors that affect the price. You and the dealer would then negotiate a true price for the car, followed by the application of rebates, followed by negotiating for the loan if there is to be one. In practice this rarely happens. The sales rep asks point blank what rebates you qualify for (by asking get-to-know-you questions like where you work or if you served in the armed forces - you may not realize that these are do-you-qualify-for-a-rebate questions) before you've even chosen a model. They take that into account right from the beginning, along with whether they'll make a profit lending you money, or have to spend something to subsidize your zero percent loan. However unlike your veteran's status, your loan intentions are changeable. So when you get to the end you can ask if the price could be improved by paying cash. Or you could try putting the negotiated price on a credit card, and when they don't like that, ask for a further discount to stop you from using the credit card and paying cash."}
{"_id": "417506", "title": "", "text": "A broker will only get so many shares for any IPO. They will give their highest profit customers priority, but try to keep the smaller ones happy as well. So where my TWTR order today was for 1000 shares, I actually was granted 100.  In the dotcon* bubble of the late 90's, there were some stocks I saw as many as 1000 hit my account.  (*not a typo, this is the title of a book on that period, the making of a bubble and irrational doings on Wall Street."}
{"_id": "417509", "title": "", "text": "\"No. Suppose you have 100 Canadian dollars and the exchange rate is 2 CAD = 1 USD.  You use your 100 CAD to purchase 50 USD (in your bank account that is in USD).  Some time later the Canadian dollar grows stronger, so that now 1 CAD = 1 USD.  If you now withdraw your 50 USD and get Canadian dollars, you will receive 50 CAD.  You have lost half your money. If you want to make money on currency exchange rates (which is a risky plan), you should buy the currency that is cheap (i.e., \"\"weak\"\").  If, say, oil is very cheap, you don't make money by selling oil; you buy it and sell it later when the price goes up.  Likewise, if the Canadian dollar isn't worth much and the US dollar is, you should buy Canadian dollars, not US dollars, hoping to sell them later when the exchange rate is more favorable.  See also this similar question.\""}
{"_id": "417536", "title": "", "text": "They used to be communism but they abandoned it in favor of capitalism for their economy. They still have many state owned companies which make it socialism. The government is a hybrid. It's more like a plutocracy, aristocracy, or totalitarian."}
{"_id": "417541", "title": "", "text": "This is what happened to Rubbermaid back in the 90s. They were the high flyer of the 80s but Walmart sold almost 90% of their volume and when they started demanding discounts rubbermaids business cratered. They were heavily leveraged so they ended up going into receivership because of it iirc."}
{"_id": "417555", "title": "", "text": "Their new customizations look really nice. Just a couple little launcher tweaks (that actually look pretty nice) and the rest of Android left the hell alone. If the new Nexus wasn't right around the corner, I'd be taking a serious look at the new Motorola phones."}
{"_id": "417558", "title": "", "text": "Buddy, read a day's edition of the new york times. Just do it. I bet you have never read it. It's astounding in its breadth and quality in reporting. Now once you read an edition, get back to me, and if you still think it's fake, get back to me."}
{"_id": "417560", "title": "", "text": "No one can say for sure but I'd bet big money they charged you and had a nice chat about you being an asshole... Not saying they're right (lol jk I totally am), just saying they probably did both."}
{"_id": "417571", "title": "", "text": "My lines word for word:  &gt;**Increasing** military spending more than where it is just widens our lead in a dick measuring contest we've already won by a good margin.  In a later comment, also my lines word for word: &gt; I think increasing social spending does more good than **increasing** military spending at this point.  Your other point: &gt;First you say redirect spending to social services then you say redirect money to infrastructure. Those are two very different things.  Not according to the [Organization for Economic Co-operation and Development](https://data.oecd.org/socialexp/social-spending.htm): &gt;Social expenditure comprises cash benefits, direct in-kind **provision of goods and services**, and tax breaks with social purposes. Benefits may be targeted at low-income households, the elderly, disabled, sick, unemployed, or young persons."}
{"_id": "417586", "title": "", "text": "I'd say it's because they trade balance for culture.   But I'm on the high end of the millennial age distribution. I don't want to work all the time. I value being at home with my wife and our cats. I don't give two blue fucks about having Google or Facebook on my resume because in the end, this all just facilitates me being able to pay bills, play games, and buy nudy mags.   But for reasons beyond me, younger millennials value having the right corporate overlord over free time."}
{"_id": "417599", "title": "", "text": "well, if you can hold onto your investment. then it is just a matter of time till it reaches a valuation which demands the attention of central banks and states. Till this happens, it needs to increase in value. if you buy for 12 $, 4500$ or less does not matter if you expect it to go up in the long term."}
{"_id": "417607", "title": "", "text": "Merely the fact that the man has access to such resources precludes his starvation.  But you know what, if your fantasies of destitute wealth make you feel better, go right ahead and play pretend. Just remember, the biggest difference between a science advocate and a science denier is the ability to separate emotion (aka bias) from an objective assessment of reality.  Case and point:  Here you are inventing fantastical starving rich people that magically get millions of dollars from nowhere and teleport to fucking antarctica. Can you imagine journal articles filled with this preposterous nonsense? Of course not.  Thats been how stupid your side of this argument has been. Soak it in."}
{"_id": "417625", "title": "", "text": "Handmade Oil Painting Reproductions by Monet, Van Gogh, Klimt, Renoir, and more. 80% off canvas art from 1st-art-gallery.com, the  world's largest gallery. Our talented artists have created hundreds of thousands of paintings for art lovers around the world. Visit https://www.1st-art-gallery.com/ today!"}
{"_id": "417642", "title": "", "text": "Yup. Maybe you know nothing about psychology and why people do drugs.   If you need a drug to relax and unwind, there's something wrong with you. People do drugs to take the edge off. If you can't do that naturally, you have some serious issues.   There's a whole field called psychology that will agree with me and has data to support it. It's not judgement, it's the truth     Yeah I knew it was hire. Made a mistake. No big deal."}
{"_id": "417669", "title": "", "text": "&gt; Illinois is only one of 8 states with a flat income tax. It needs a progressive income tax in line with its neighboring states.  It's against the State's constitution and they get around it by doing higher local property taxes, which is basically a proxy for targeting wealthier individuals."}
{"_id": "417693", "title": "", "text": "A few things to consider -"}
{"_id": "417707", "title": "", "text": "\"You don't need a law degree, but it is pretty negligent to ask the internet legal advice. But hey, I guess you know better than me man.  My statements were more to say \"\"I don't know how nebraska works so you can't assume what I say is true everywhere.\"\"  Speaking of which &gt;Nepotism laws only apply to public sector jobs.  Doesn't apply everywhere anyway. You shit on me for trying not speak in incorrect definitive yet you then go ahead and make a false statement unilaterally.\""}
{"_id": "417710", "title": "", "text": "\u041d\u0430\u0448\u0430\u0442\u0430 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u044f \u043f\u0440\u0435\u0434\u043b\u0430\u0433\u0430 \u043d\u0430\u0439-\u0434\u043e\u0431\u0440\u0438\u0442\u0435 \u043e\u043d\u043b\u0430\u0439\u043d \u043f\u0430\u0437\u0430\u0440\u0443\u0432\u0430\u043d\u0435 \u0438 \u043f\u0440\u043e\u043c\u043e\u0446\u0438\u043e\u043d\u0430\u043b\u043d\u0438 \u043c\u0430\u0442\u0435\u0440\u0438\u0430\u043b\u0438. \u041f\u0440\u043e\u0433\u0440\u0435\u0441\u0438\u0432\u043d\u0438\u0442\u0435 \u043f\u0440\u043e\u0434\u0443\u043a\u0442\u0438 \u0434\u0430\u0432\u0430\u0442 \u0440\u0435\u043a\u043b\u0430\u043c\u043d\u0438 \u043f\u0440\u043e\u0434\u0443\u043a\u0442\u0438, \u043f\u0440\u043e\u043c\u043e\u0446\u0438\u043e\u043d\u0430\u043b\u043d\u0438 \u043f\u0440\u043e\u0434\u0443\u043a\u0442\u0438, \u0440\u0435\u043a\u043b\u0430\u043c\u043d\u0438 \u043f\u043e\u0434\u0430\u0440\u044a\u0446\u0438 \u0438\u043b\u0438 \u0440\u0435\u043a\u043b\u0430\u043c\u043d\u0438 \u043f\u043e\u0434\u0430\u0440\u044a\u0446\u0438 \u0441\u0430 \u0438\u0437\u0434\u0435\u043b\u0438\u044f \u043e\u0442 \u0441\u0442\u043e\u043a\u0438, \u043a\u043e\u0438\u0442\u043e \u0441\u0430 \u043e\u0431\u043e\u0437\u043d\u0430\u0447\u0435\u043d\u0438 \u0441 \u043b\u043e\u0433\u043e \u0438 \u0441\u0435 \u0438\u0437\u043f\u043e\u043b\u0437\u0432\u0430\u0442 \u0432 \u043c\u0430\u0440\u043a\u0435\u0442\u0438\u043d\u0433\u043e\u0432\u0438 \u0438 \u043a\u043e\u043c\u0443\u043d\u0438\u043a\u0430\u0446\u0438\u043e\u043d\u043d\u0438 \u043f\u0440\u043e\u0433\u0440\u0430\u043c\u0438. \u0422\u0435 \u0441\u0435 \u043e\u0442\u0434\u0430\u0432\u0430\u0442, \u0437\u0430 \u0434\u0430 \u043f\u043e\u043f\u0443\u043b\u044f\u0440\u0438\u0437\u0438\u0440\u0430\u0442 \u043d\u0430\u0448\u0430\u0442\u0430 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u044f. \u041f\u043e\u0447\u0442\u0438 \u0432\u0441\u0438\u0447\u043a\u043e \u043c\u043e\u0436\u0435 \u0434\u0430 \u0431\u044a\u0434\u0435 \u043e\u0431\u043e\u0437\u043d\u0430\u0447\u0435\u043d\u043e \u0441 \u0444\u0438\u0440\u043c\u0435\u043d\u043e \u0438\u043c\u0435 \u0438\u043b\u0438 \u043b\u043e\u0433\u043e \u0438 \u0434\u0430 \u0441\u0435 \u0438\u0437\u043f\u043e\u043b\u0437\u0432\u0430 \u0437\u0430 \u0440\u0435\u043a\u043b\u0430\u043c\u043d\u0438 \u043c\u0430\u0442\u0435\u0440\u0438\u0430\u043b\u0438. \u041e\u0431\u0449\u0438\u0442\u0435 \u0435\u043b\u0435\u043c\u0435\u043d\u0442\u0438 \u0432\u043a\u043b\u044e\u0447\u0432\u0430\u0442 \u0442\u0435\u043d\u0438\u0441\u043a\u0438, \u0448\u0430\u043f\u043a\u0438, \u043a\u043b\u044e\u0447\u043e\u0434\u044a\u0440\u0436\u0430\u0442\u0435\u043b\u0438, \u043f\u043b\u0430\u043a\u0430\u0442\u0438, \u0441\u0442\u0438\u043a\u0435\u0440\u0438 \u0437\u0430 \u0431\u0440\u043e\u043d\u044f, Power Bank, USB Flash, koozies, \u0438\u0433\u0440\u0430\u0447\u043a\u0438 \u0438\u043b\u0438 \u043f\u043e\u0434\u043b\u043e\u0436\u043a\u0438 \u0437\u0430 \u043c\u0438\u0448\u043a\u0430. \u041d\u0430\u0439-\u0433\u043e\u043b\u044f\u043c\u0430\u0442\u0430 \u043f\u0440\u043e\u0434\u0443\u043a\u0442\u043e\u0432\u0430 \u043a\u0430\u0442\u0435\u0433\u043e\u0440\u0438\u044f \u0437\u0430 \u0440\u0435\u043a\u043b\u0430\u043c\u043d\u0438 \u043f\u0440\u043e\u0434\u0443\u043a\u0442\u0438 \u0441\u0430 \u043e\u0431\u043b\u0435\u043a\u043b\u0430, \u043a\u043e\u0438\u0442\u043e \u043c\u043e\u0433\u0430\u0442 \u0434\u0430 \u0441\u0435 \u043d\u043e\u0441\u044f\u0442, \u043a\u043e\u0438\u0442\u043e \u0441\u044a\u0441\u0442\u0430\u0432\u043b\u044f\u0432\u0430\u0442 \u043f\u043e\u0432\u0435\u0447\u0435 \u043e\u0442 30% \u043e\u0442 \u043e\u0431\u0449\u0438\u044f \u0431\u0440\u043e\u0439. \u0417\u0430 \u043f\u043e\u0432\u0435\u0447\u0435 \u0438\u043d\u0444\u043e\u0440\u043c\u0430\u0446\u0438\u044f \u043f\u043e\u0441\u0435\u0442\u0435\u0442\u0435 \u0443\u0435\u0431 \u0441\u0430\u0439\u0442\u0430 \u043d\u0430 \u0444\u0438\u0440\u043c\u0430\u0442\u0430 \u043d\u0438."}
{"_id": "417728", "title": "", "text": "&gt;Okay but still three people at $12/hr is $16 more per hour than one person at $20/hr.  You forgot the times 3 part.  &gt;I still don't see how u/NEVERDOUBTED asserts that the three at $12/hr cost less.   Cause they are wrong, but too hard headed to see that."}
{"_id": "417733", "title": "", "text": "The S&P 500 is a market index.  The P/E data you're finding for the S&P 500 is data based on the constituent list of that market index and isn't necessarily the P/E ratio of a given fund, even one that aims to track the performance of the S&P 500.    I'm sure similar metrics exist for other market indexes, but unless Vanguard is publishing it's specific holdings in it's target date funds there's no market index to look at."}
{"_id": "417734", "title": "", "text": "\"That's just it......the \"\"going rate\"\" is inflated. All \"\"piracy\"\" is is a market correction. If you have a product that is easily copied, easily stored, easily duplicated, and easily distributed for next to no cost your products value is essentially zero.   But this doesn't mean they cannot make money off of it. Like TV, where the shows are worth nothing, but the eyes that watch it are they can leverage media in other way. It's just the media industries CHOOSE not to.\""}
{"_id": "417740", "title": "", "text": "My best advice is start much much smaller. If you wanna stick with the brexit topic- what is the effect of brexit on job loss when it comes to the banking sector? Non brexit- when do companies buy back their own stock and is it a good purchase?"}
{"_id": "417741", "title": "", "text": "A propeller is gadget that comprises of a focal center point with emanating sharp edges put and turned so each structures some portion of a helical surface and that is utilized to push a vehicle, for example, a ship or plane. a weight distinction is delivered between the forward and raise surfaces of the airfoil-molded cutting edge, and a liquid, for example, air or water is quickened behind the sharp edge."}
{"_id": "417751", "title": "", "text": "Factors to consider: For the taxable investments:"}
{"_id": "417769", "title": "", "text": "How do I directly get my Freelancing amount in my Axis bank account? Do I need to inform my Bank before receiving any such payment?  Yes you can get it directly into your Axis Bank Account. You would need to inform your client your Bank Account Number, Bank Name and Address and Swift BIC or IFSC Code [Axis Bank website or Branch can tell you]. You can receive credits in Euro's. Upon receipt Axis Bank will automatically convert this into Rupees using standard rate. Your Bank [Axis] may also charge some Bank fees for the wire transfer. How do I pay tax for this extra income in India?  You would need to treat this as income and add it to total income including salary and calculate tax accordingly. You can pay taxes online using Income Tax India website. You can also approach a CA who would do the tax computation, paying taxes and filing returns for as little as Rs 1000 - 2000/- Edit: IBAN is International Bank Account Number. Explain to you client that India does not subscribe to IBAN. Its right now only used by Europe and Australia. Give you normal Bank Account Number. Please call up your Bank / walk into your Branch to get the SWIFT BIC. It will be something like this http://www.theswiftcodes.com/india/page/3/"}
{"_id": "417775", "title": "", "text": "All subreddits have their spam filtered by reddit's spam filter, but it tends to get trained on a per subreddit basis regarding domains, users and maybe more. No one really knows exactly how it works except admins though."}
{"_id": "417779", "title": "", "text": "You seem to be the ignorant one here. JPM has huge silver losses from many decades ago they've never had to cover. They also held down the price of silver for quite a while until their prop desk closed. They did the governments work of maintaining the legitimacy of the dollar. JPM is intertwined with the Federal government probably more so than any other bank/investment bank.        Not mentioning the involvement of JPM and the government would be an argument from ignorance."}
{"_id": "417785", "title": "", "text": "If the rate is the same, then clearing one card to zero does have one advantage: getting your grace period back. Generally when you owe money on your credit card, and you make a new purchase that new purchase get charged interest starting on day one. But if you are not carrying  a balance, in other words you pay off the charges every month, then new purchases aren't charged until you fail to pay the balance by the due date. That grace period can be 25 to 55 days depending where you are in the billing cycle. Having one clean card will allow you to use that card when you have no other choice. Lets say you have an emergency car repair while away from home. You don't have $500 in cash so you put it on the clean card. When you get home you know that you can pay the bill and not have been charged interest."}
{"_id": "417787", "title": "", "text": "Start as early as possible and you will want to kiss your younger self when you get to retirement age. I know you (and everyone else at that age) thinks that they don't make enough to start saving and leans towards waiting until you get established in your career and start making better money. Don't put it off. Save some money out of each paycheck even if it is only $50.  Trust me, as little as you make now, you probably have more disposable income than you will when you make twice as much. Your lifestyle always seems to keep up with your income and you will likely ALWAYS feel like you don't have money left over to save. The longer you wait, the more you are going to have to stuff away to make up for that lost time you could have been compounding your returns as shown in this table (assuming 9.4 percent average gain annually, which has been the average return on the stock market from 1926-2010).  I also suggest reading this article when explains it in more detail: Who Wants to be a millionaire?"}
{"_id": "417800", "title": "", "text": "\"http://www.nadaguides.com/  and http://www.kbb.com/ and http://www.edmunds.com/ are the leading sites to check vehicle values. Also, great how to at: http://www.ehow.com/how_2003079_sell-used-car-california.html Where to sell? You could sell it in your local newspaper classified, small auto newsprint mags/publications, Craigslist, ebay, or just put a sign in the window. The advertising method is up to you.  You could also trade the car in to a dealer if you purchase another vehicle from a dealer if they offer that option. (Trade-In's generally bring in less money than private sales as a general rule).  Some car places will do consignment requests to help you sell your car.  However, they will normally take a percentage of the sale as payment for this service. What paperwork? If you own your car, you should have the title in hand.  There are instructions on title on how to sign it over to another person.  If you have a loan through a bank, the bank would have this title and you would need to express your interest in selling the property to the bank and work out the details with them. You do not hand over a title to anyone until full payment is made and the property will become theirs. Beyond the title, you will need to fill out a release of liability or report of sale form for the state. Titles have a portion you can mail in or you can fill it out online. This is to report the sale to the state to release liability from your name. You will also need to create a \"\"bill of sale\"\" between you and the buyer.  There are many examples online or you can just create your own.  You really need just a statement saying I release all interest of the vehicle and no warranty implied to this person with the VIN of the car, model, make, year, the buyers name and signature, and the sellers name and signature.  This is your contract with the seller and they use this when they go to register the car in their name. Maintenance Disclosure? This is completely up to the seller on what they want to disclose.  You are selling a used car and the buyer should know that.  Vehicles with detailed records sell for more money and buyers are more interested in cars that have history records.  This is where buyers should be the most careful, so the more records and history you can show, the better they will feel about the purchase.  I believe you should share everything you know and any information about the history of the car.  The more positive information you can prove/share, the more money or chance of sale you could have. Most money? First, clean the car out.  I am amazed at the amount of people that try to sell a car and don't even bother to clean it out.  A detail job would be great to get.  You are trying to sell it, so you want it to look the best.  Next,  I would fix anything minor and cheap to fix.  The less things wrong can mean more money.  Back to your maintenance question, you will want to show how you have maintained the car.  People might also ask for a carfax report to prove its clean history.  Irresponsible and deceiving people tend to leave out important details in a car history like accidents, flood damage, or having re-built titles.  You want to give the most information you can.  Do not lie about any detail.  Though, this can be a little tough when you are a 2nd or 3rd owner of a car and do not know about the original owners.\""}
{"_id": "417823", "title": "", "text": "This is a good thing.  This person is a parasite. I don't mean that metaphorically. I mean he fits the dictionary definition of a parasite, the same way a tapeworm does. His host organism is the healthy and vibrant society of the United States, and its people, who do work that creates enormous economic value. Like a tapeworm, he has insinuated himself into the body of the organism, and removes whatever resources he feels like taking.  There is absolutely no reason why David Siegel, or any other parasite, deserves to make his outlandish gains at the expense of their host organism. *Of course* the parasite's philosophy is that it worked hard to establish its privileged place within the host body, and it is *morally wrong* for the host to try to starve it of resources. But that philosophy does not translate to the host. If you have a tapeworm, you get it removed. It's not your problem if the tapeworm dies, because you never agreed to let it inhabit your gut in the first place.  *Of course* a tapeworm, if it can, will find ways to make sure that extraction kills the host, in the hope that the host will simply allow the present state of affairs to continue. But again, there is no reason why the host should agree to this.  And so, when your tapeworm writes you a letter demanding that you cease a particular course of action, the only thing that could possibly mean is that you should *pursue* that course of action, stronger and harder, because clearly it is *working*."}
{"_id": "417825", "title": "", "text": "They still mail you one for free if you sign up.  But if you go get one at the store it's still free in the end since they refund the money, plus you get something to play with in 5 minutes rather than 5-6 days of shipping.  Either way...easy and free to set up."}
{"_id": "417835", "title": "", "text": "Honestly, having seen their trial and cancelation process, it seems they're betting that the Planet Fitness model will work for cinema tickets. It's cheap enough that it seems like a great deal, but in practice most people won't even see a movie a month and won't bother to cancel.   Every time I've been about to sign up for a subscription cinema ticket, I've challenged myself to actually go to the cinema at least twice a month for 3 months. I always drop off!"}
{"_id": "417838", "title": "", "text": "\"The main thing is the percentage of the company represented by the shares. Number of shares is meaningless without total shares. If you compute percentage and total company value you can estimate the value of the grant. Or perhaps more useful for a startup is to multiple the percentage by some plausible \"\"exit\"\" value, such as how much the company might sell for or IPO for. Many grants expire when or soon after you leave the company if you don't \"\"cash out\"\" vested shares when you leave, this is standard, but do remember it when you leave.  The other major thing is vesting. In the tech industry, vesting 1/4 after a year and then the rest quarterly over 3 more years is most common.\""}
{"_id": "417840", "title": "", "text": "\"Doing your homework means to perform what's more accurately called \"\"fundamental analysis\"\". According to proponents of fundamental analysis (FA), it is possible to accurately determine how much a stock should trade for and then buy or sell the stock based on whether it trades above or below this target price. This target price is based on the discounted anticipated future earnings of your stock, so \"\"doing your homework\"\" means that you figure out how much future earnings you can expect from the stock and then figuring out at what rate you want to discount those future earnings (Are 1000 dollars that you'll earn next year worth $800 today or $900 or only $500? That depends on the overall economic and political climate...) So does this make any sense? Depends. I'm aware that there are a lot of anecdotes of people researching a stock, buying that stock and doing well with that stock. But poor decisions can at times lead to good outcomes... EDIT: Due to some criticism, I want to expand on a few points. So, is homework completely for naught? No!\""}
{"_id": "417841", "title": "", "text": "Purchasing a universal AC adapter is a right decision as it fits in a wide range of laptops that require a different connector. This kind of adapter has a range of output which voltage settings suit to different kind of laptops. And always kept in mind while purchasing it, pick a company who provides good quality of product and genuine guaranty."}
{"_id": "417847", "title": "", "text": "If the studies are conclusive and I feel like they would benefit me, certainly. I'm not morally opposed to enhancements, my entire argument in the original post is just that I think people over consume those sorts of drugs in an unsafe manner."}
{"_id": "417862", "title": "", "text": "&gt;Because it's an interview piece  I've read lots of those, never seen one this egregiously use a clickbait title then bait the reader to continue all the way to the second page to get the explanation.  &gt;Not sure why this is bothering you so much?  What does **so much** mean? You mean **so much** that I'd point it out? That's not a very high bar. I do find it odd that you care about my criticism of this trash article **so much** that you're vigorously defending it."}
{"_id": "417865", "title": "", "text": "From the Press release titled  Bank of Canada Issues $100 Bill \u2013 First Canadian Polymer Bank Note The $50 note, which was also unveiled in June, will be issued in March 2012. The $20\u00a0note will begin circulating in late 2012, followed by the $10 and $5 notes by the end of 2013. Detailed images of the notes and information on their designs will be released on their official unveiling dates."}
{"_id": "417866", "title": "", "text": "\"Payment gateways such as Square do not normally withhold tax. It is up to you to pay the appropriate tax at tax time. That having been said, Square does report your payments to the IRS on a form 1099-K if your payments are large enough. According to Square, you'll get a 1099-K from them if your total payments for the year add up to $20,000 AND more than 200 transactions.  Whether or not they report on a 1099-K, you are required to pay the appropriate taxes on your income.  So now the question becomes, \"\"Do I have to pay income tax on the proceeds from my garage sale?\"\" And the answer to that question is usually not. When you sell something that you previously purchased, if you sell it for more than you paid for it, you have a capital gain and need to pay tax on that. However, generally you sell things in a garage sale at a loss, meaning that there is no tax due.  If you make more than $20,000 at your garage sale and the IRS gets a 1099-K, the IRS might be curious as to how you did that with no capital gain. So if you sell any big ticket items (a bulldozer, for example), you should keep a record of what you paid for it, so you can show the loss to the IRS in the event of an audit.\""}
{"_id": "417868", "title": "", "text": "Absolutely nothing will happen. These credit history companies have no scruples and no reason to give a damn about consumers. Every recourse you have to fix inaccuracies in your credit history were won with legislation or litigation.  They don't care about you."}
{"_id": "417917", "title": "", "text": "Well, you could just deposit the Euros in your French bank. In the US, you'll have to deal with foreign exchange services, unless you're talking large amounts for banks to want to handle (they'll handle small amounts too, of course, but not without a significant fee). Best thing I can think of is keeping them in a drawer with your passport. You'll use them on your next flight. Being French national, you're undoubtedly bound to visit the Euro zone again."}
{"_id": "417957", "title": "", "text": "Remember both sides of the isle are playing the American public against each other. Don't let them win! Most Americans want the same things.   Random Quote:  *I used to say that Politics is the second oldest profession [prostitution being the oldest], but I have come to realize that it bears a gross similarity to the first.* - **Ronald Reagan**"}
{"_id": "417964", "title": "", "text": "Don't do it.  I would sell one of my investment houses and use the equity to pay down your primary mortgage.  Then I would refinance my primary mortgage in order to lower the payments."}
{"_id": "417971", "title": "", "text": "Maybe they want to surprise people?  They have the finishing line upgrade, body line upgrade and new paint shop all either being installed at this moment or in parallel to current production work.  It will take them all year to figure out how to get all the bottlenecks out of the system, but it 'seems' like they are doing a hell of a job with building out the capacity of the S/X lines.  Living 10 miles from the factory I hope to see some alphaX's on the road in the next couple weeks."}
{"_id": "417981", "title": "", "text": "\"While the question is very localized, I'll answer about the general principle. My main question is with how far away it is (over 1000 miles), how do   I quantify the travel expenses? Generally, \"\"necessary and ordinary\"\" expenses are deductible. This is true for business and also true for rentals. But what is necessary and what is ordinary? Is it ordinary that a landlord will manage the property 1000 miles away by himself on a daily basis? Is it ordinary for people to drive 1000 miles every week? I'd say \"\"no\"\" to both. I'd say it would be cheaper for you to hire a local property manager, thus the travel expense would not be necessary. I would say it would be cheaper to fly (although I don't know if its true to the specific situation of the OP, but as I said - its too localized to deal with) rather than drive from Texas to Colorado. If the OP thinks that driving a thousand miles is indeed ordinary and necessary he'll have to justify it to the IRS examiner, as I'm sure it will be examined. 2 trips to the property a year will be a nearly 100% write-off (2000   miles, hotels, etc). From what I understood (and that is what I've been told by my CPA), IRS generally allows 1 (one) trip per year per property. If there's an exceptional situation - be prepared to justify it. Also, keep all the receipts (like gas, hotel, etc.... If you claim mileage but in reality you took a flight - you'll get hit hard by the IRS when audited). Also while I'm up there am I allowed to mix business with pleasure? You cannot deduct personal (\"\"pleasure\"\") expenses, at all. If the trip is mainly business, but you go out at the evening instead of staying at the hotel - that's fine. But if the trip is \"\"business\"\" trip where you spend a couple of hours at your property and then go around having fun for two days - the whole trip may be disallowed. If there's a reasonable portion dedicated to your business/rental, and the rest is pleasure - you'll have to split some of the costs and only deduct the portion attributed to the business activities. You'll have to analyze your specific situation, and see where it falls. Don't stretch the limits too much, it will cost you more on the long run after all the audits and penalties. Can I also write off all travel involved in the purchase of the   property? Although, again, the \"\"necessary and ordinary\"\" justification of such a trip is arguable, lets assume it is necessary and ordinary and generally justified. It is reasonable to expect you to go and see the property with your own eyes before the closing (IMHO, of course, I'm not an authority). Such an expense can be either business or investment expense. If its a business expense - its deductible on schedule C. If its an investment expense (if you do buy the property), its added to the cost of the property (capitalized). I'm not a tax adviser or a tax professional, and this is not a tax advice. This answer was not written or intended to be used, and cannot be used, for the purpose of avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code. You should seek a professional consultation with a CPA/Attorney(tax) licensed in your State(s) or a Federally licensed Enrolled Agent (EA).\""}
{"_id": "418001", "title": "", "text": "\"Nobody is going to hold your hands and prepare a structured program, simply because how you deal with this situation is part of the evaluation of your performance. I performed poorly in my first intership because I was really afraid of being perceived as annoying. The guys were not very receptive and when I asked if they could teach me something, they usually explained quickly and without a lot of attention. Dumb as I was, I would try to not annoy anyone anymore, stop asking questions and go back to my chair to create some macros in VBA. When my boss gave me the feedback after some months, it was fucking awful. The whole team said that my posture was too passive and that I should be A LOT MORE agressive.      So, don't be afraid to be a little annoying. Ask a shit ton of questions until you understand everything and don't pretend that you understood something (I used to do the classic \"\"mm-hmm...mm-hmm...\"\" when someone was explaining something I wasn't understanting because I was afraid of looking dumb. Don't do that, you aren't fooling anyone). If you feel that there is nothing for you to do, go to your boss and say that to him. If he doesn't find something, go ask someone else (\"\"Hey man, what are you doing there? Seems interesting. Can you teach me when you have the time?\"\") Just for Christ's sake, don't keep your butt in the chair waiting someone to tell you what to do. This is not college anymore.\""}
{"_id": "418003", "title": "", "text": "I've read a nice rule of thumb somewhere that you should consider: You should invest (100-YOURAGE)% of your money in stock The rest should be something less volatile and more liquid, so you have some money when the stock market goes down and you need some money nevertheless. So you would start with buying about 75% stock and balance your stock percentage over time by buing more secure assets to keep the stock percentage at the desired level. At some time you might need to  sell stock to rebalance and invest in more secure assets."}
{"_id": "418020", "title": "", "text": "If you are just trying to curb impulse spending I'd suggest the following:  1) Set up a separate bank account for your savings - Do not order checks or a debit card for this account. 2) Get your employer to split your paycheck to put the saving amount in the new account (most employers will do this) The trick to avoid impulse spending is to make it a chore to get at the money. With the above arrangement you would have to physically go to the bank, fill out a withdrawal slip and get cash. This way you still can access the money in an emergency, but it forces you to plan things out better."}
{"_id": "418024", "title": "", "text": "It depends on your situation. Situations may change. There are also other factors: Being free and clear is nice, but there is an opportunity cost."}
{"_id": "418029", "title": "", "text": "\"Really arbitrage means that, currency risk aside, it shouldn't matter which exchange you buy on in price terms alone. Arbitrage will always make sure that the prices are equivalent otherwise high frequency traders can make free money off the difference. In practical terms liquidity and brokerage costs usually make trading on the \"\"home\"\" exchange more worthwhile as any limit orders etc will be filled at a better price as you will more easily find a counterparty to your trade. Obviously that will only be an issue where your quantity is significant enough to move the market on a given exchange. The volume needed to move a market is dependent upon the liquidity of the particular stock.\""}
{"_id": "418034", "title": "", "text": "Your friends are overlooking a couple of problems with house prices and salaries being out of whack: Home 'equity' is a paper gain unless you realize it by selling the house. If you don't, but use the 'home ATM', all you're doing is piling up more debt that's secured on an asset that has downside risk. Ask anybody who's refinanced their house to buy a new boat or SUV in 2006/2007. In other words you're remortgaging the chickens before the eggs hatched. Of course they're also forgetting that all this debt will have to be paid back at some point, and that usually takes income, not equity. In a certain sense the housing market is a pyramid scheme that requires an influx of new buyers to maintain prices. Very simply, if you can't sell your house to buy a bigger one because the first time buyer you're trying to sell it to can't afford the down payment or the payment on the mortgage, then you can't sell your house to buy a bigger/better/nicer one and the next person in the chain can't sell his/hers. Cue the domino effect. House prices are only sustainable if people actually can afford to buy houses and if there's a massive disconnect between house prices and salaries, then house prices will fall eventually. It might just take a little longer depending on the amount of creative financing options that will eventually dry up."}
{"_id": "418038", "title": "", "text": "The brand name is of more importance to most people. After all, you just some pay for the bag - you pay for the appeal that a brand name might have.  A cross body bags will feel instantly 10 times better than a brand name bag. It wouldn't be exaggerating to say that when buying clutch bags. Maybe, buying designer clutch bags is not for everyone. You need to have quite a large budget to afford one."}
{"_id": "418057", "title": "", "text": "\"When considering such a major life decision, with such high potential costs and high potential rewards, I encourage you to consider multiple different potential options. Even if loans were available, they might not be the best option. Less debt and an engineering degree is better than more debt and an engineering degree, both of which are likely better than your current debt and no engineering degree. I encourage you to consider: revisit your aid (which is not just loans), cut expenses, consider alternative aid sources, use your engineering student status to get a better paying job (including more profitable summer employment), check for methods to cut down the cost of your degree, and double-check your plans to make sure you have a long-term plan that makes sense.  The first issue, raised in the comments, is whether or not you are getting appropriate financial aid. This does not just mean loans, it includes grants and other forms of assistance.  You should be getting in-state tuition, and by searching the tuition of UNC I believe you are. But for future readers, you should make sure you are getting in-state rates, and it not there are options to return to a state where you would get in-state tuition rates, or look into the possibility of pausing your study for one year until you meet in-state funding requirements. You should also ensure your FAFSA information is correct, including your income, family situation (whether or not you are an independent study, as it sounds like you probably are), etc. This effects how many grants you get, and if you are independent this changes maximum federal loan amounts (see website for details).  While you don't say what your pay is, the fact that you are working two jobs and having trouble making ends-meet suggests either that you have a spending issue, or that your jobs pay sucks, and possibly both. I've been in both situations, and there are methods for dealing with both. If your spending is not very carefully controlled, that's a big issue. I won't try to rehash all the personal finance advice about this, but I will just warn that when you are desperate and you know there isn't enough money even if you spend perfectly, there is a strong tendency to just give up and not even try because what's the point? Learned helplessness is hell, but it can be overcome with effort and tightly holding on to any glimmer of hope you find to do better each day. If you are in a field like engineering or computing (and some other fields, though I am less personally familiar with the current employment climate in those), there are usually companies who want to hire you as a paid intern or part-time employee in the hopes of getting you when you graduate. Those last two semesters of undergrad are a technicality to employers, they know it doesn't really change your skill set much. Many companies are actually more interesting in hiring someone on who hasn't finished the degree yet than getting someone recently post-degree, because they can get you cheaper and learn if this is a good match before they have to take the big risk of full-time hiring. You need to use this system to your advantage. Its hard when you feel destitute, but talk with career councilors in your school, your department advisor, and/or main administrative staff in your main academic department. Make sure you are on the right mailing lists to see the job offers (many schools require you to subscribe to one because at a school like UNC it easily gets way too much traffic each day). You need field-relevant experience, not just to finish the degree, but to be able to really open up your job opportunities and earning potential. Do not be shy about directly calling/emailing a contact who reaches out to your school looking for \"\"recent graduates\"\", and especially any mention of flexibility on early start for those who are almost finished. You can say you are in your final year (you are), and even ask if they are open to working around a light school schedule while you finish up. Most can end up to be \"\"no\"\", but it doesn't matter - the recruiting contacts want to hire people, so just reaching out early means you can follow up later once you get your degree and finances sorted out and you will have an even easier time getting that opportunity. In technology and engineering, the importance of summer internships cannot be understated, especially as you are now technically at the end of your degree. In engineering and tech fields, internships pay - often very well. Don't worry about it being the job of your dreams. Depending on your set of skills, apply to insurance companies, IT departments in hospitals and banks (even if you thought your coding skills in engineering were minimal), and of course any paying position that might be more directly in your field of interest. Consider ones outside your immediate area or even the more national internships from the bigger name companies, where possible. It is not at all uncommon for tech and engineering internships for undergraduate students to pay $15-$25+ per hour, even where most non-degree jobs might only pay $8 (and I've seen as high as $40 per hour+ in the high cost of living markets, depending on your skill set). I know many people who were paid more as a student intern than they were previously paid as a full-time professional employee. Many schools - including UNC - charge different tuition for distance learning and satellite campuses, and often also offer University-approved online classes. While this is not always a possibility for every student, you should consider the options. It could be that one of the final classes you need towards your degree can be taken at one of these other options, with reduced tuition. This is not always possible with all courses, but is certainly true if you have any of those general education requirements to knock out. Also consider if any of those final requirements have test-out options, such as CLEP test alternatives. Again, not always available, but sometimes you can get class credit for a general education class for   Finally, make sure you aren't paying unnecessarily for text books, once you do get the money for tuition. You can sometimes get hand-me-down copies, rent ebooks or physical books from online companies, creative searches for PDF copies, get your book from off-campus local stores, etc. It isn't tuition, but money is money. Attend Part-Time While Working Look into the option of being a half-time student, which is usually 6-8 credit hours, if you can't afford full-time tuition. There is generally a greatly reduced rate, you still qualify for aid programs, and you are still working towards the degree - so you still get access to student resources like internships and job listings that may not be publicly posted. Inquire About Scholarships and School Emergency Assistance While this varies hugely by institution, make sure you check into scholarships you can apply to (even if they are just a few hundred bucks, it helps a lot) in your school (I don't believe the big online searches help, ask the school - but YMMV). Also inquire about any sort of possible help the school provides to students who've had life emergencies, such as your medical issues. Many have programs that are not advertised, designed to help students finish their degree and recover from personal hard times. It's worth the inquiry if you are willing to ask. Any little bit of assistance can help. Don't be afraid to talk with an institution's mental health councilors either, who can help you deal with the psychological difficulty of your situation as well as often being able to connect you to other potential support resources. The pressure can take its tole, and you'll have better long-term opportunities if you build up your support network and options. Student Loan Forbearance While In School If you are trying to save up every last dollar for tuition to finish the degree, but you have to pay loans now, call up the provider to ask about temporary delays on your student loan payments. Many have time-limited hardship allowances, and between the medical bills, low income, and returning to school, they may be willing to give you a few months break until you get back to school and the in-school provisions kick in. Skip a Semester If Necessary To Save Money If you can only raise enough for one semester, then need to skip a semester to build up more funds, that happens, it's OK. Be strategic, and check on loan forbearance. Usually being out for one semester is allowed by student loan companies before you owe them payment, and if you re-enroll you don't have to start making payments yet. Double-check on Credit Expiration and Degree Requirements Make sure you talk to someone who knows what they are talking about, especially in terms of credit expiration. Policies vary, and sometimes an advisor is able to put in a special request to waive you through some of these issues. Academia is heavily, heavily reliant on developing a good relationship and clear communication with an advisor who is willing to work with you to achieve your goals. Written policies are sometimes very firm, and sometimes all you have to do is ask the right person and poof, suddenly the rules change.  It's a weird system, but don't be afraid to explain your situation and ask what can be done. Don't assume a written policy is 100% ironclad - sometimes it is, but it often isn't. Inquire About Other Government and Community-based Assistance Being destitute is awful, and having to ask for help can feel terrible in it's own way, but doing what you have to do to have a better future can mean pushing through and being willing to ask for help. This can mean asking parents and close family if they can contribute to help you finish your degree, but this also means checking with your local community programs to see if you qualify for anything. Many communities have food pantries and related programs that will help you even if you don't qualify for something like SNAP (aka food stamps), because they know times can get hard for anyone and they want you to spend what little money you have on building a better life. Your university may even run a food pantry for students in need - use it. Get what assistance you can, minimize spending in any way you can manage, put all the money towards doing what you need to do to get to a better place. It's even nicely reciprocal - once you work through your hard times and get things on track, you can return the favor and help give back to programs like the ones that helped you. Make Sure Your Long-Term Goal Makes Sense Finally, this is all predicated on pulling out all the stops to finish your degree. But this assumes that this is a good plan. Not all degrees are helpful for all people in all areas of the country. Do your own research to make sure you aren't throwing good money after bad, and are pursuing a goal that will make sense for you and what you want.  The cost of a degree keeps going up, but it remains true that many sets of skills and degree-holding candidates are in demand and can command high salaries that blow away the cost of college in comparison. If you actually have a good chance of going from struggling to make $8/hour to making $50k-90k a year, based on your developed skills, experience, and professional network, then reasonable student loan debt is a worthy investment. If, on the other hand, you wrack up tens of thousands of more dollars in debt just to say you did and still have to work the same kinds of jobs, that's not really much of an investment at all.  Good luck on your journey, and best wishes towards better days - regardless of what path you choose.  Finally, make sure you aren't paying unnecessarily for text books, once you do get the money for tuition. You can sometimes get hand-me-down copies, rent ebooks or physical books from online companies, creative searches for PDF copies, get your book from off-campus local stores, etc. It isn't tuition, but money is money. Look into the option of being a half-time student, which is usually 6-8 credit hours, if you can't afford full-time tuition. There is generally a greatly reduced rate, you still qualify for aid programs, and you are still working towards the degree - so you still get access to student resources like internships and job listings that may not be publicly posted. While this varies hugely by institution, make sure you check into scholarships you can apply to (even if they are just a few hundred bucks, it helps a lot) in your school (I don't believe the big online searches help, ask the school - but YMMV). Also inquire about any sort of possible help the school provides to students who've had life emergencies, such as your medical issues. Many have programs that are not advertised, designed to help students finish their degree and recover from personal hard times. It's worth the inquiry if you are willing to ask. Any little bit of assistance can help. Don't be afraid to talk with an institution's mental health councilors either, who can help you deal with the psychological difficulty of your situation as well as often being able to connect you to other potential support resources. The pressure can take its tole, and you'll have better long-term opportunities if you build up your support network and options. If you are trying to save up every last dollar for tuition to finish the degree, but you have to pay loans now, call up the provider to ask about temporary delays on your student loan payments. Many have time-limited hardship allowances, and between the medical bills, low income, and returning to school, they may be willing to give you a few months break until you get back to school and the in-school provisions kick in. If you can only raise enough for one semester, then need to skip a semester to build up more funds, that happens, it's OK. Be strategic, and check on loan forbearance. Usually being out for one semester is allowed by student loan companies before you owe them payment, and if you re-enroll you don't have to start making payments yet. Make sure you talk to someone who knows what they are talking about, especially in terms of credit expiration. Policies vary, and sometimes an advisor is able to put in a special request to waive you through some of these issues. Academia is heavily, heavily reliant on developing a good relationship and clear communication with an advisor who is willing to work with you to achieve your goals. Written policies are sometimes very firm, and sometimes all you have to do is ask the right person and poof, suddenly the rules change.  It's a weird system, but don't be afraid to explain your situation and ask what can be done. Don't assume a written policy is 100% ironclad - sometimes it is, but it often isn't. Being destitute is awful, and having to ask for help can feel terrible in it's own way, but doing what you have to do to have a better future can mean pushing through and being willing to ask for help. This can mean asking parents and close family if they can contribute to help you finish your degree, but this also means checking with your local community programs to see if you qualify for anything. Many communities have food pantries and related programs that will help you even if you don't qualify for something like SNAP (aka food stamps), because they know times can get hard for anyone and they want you to spend what little money you have on building a better life. Your university may even run a food pantry for students in need - use it. Get what assistance you can, minimize spending in any way you can manage, put all the money towards doing what you need to do to get to a better place. It's even nicely reciprocal - once you work through your hard times and get things on track, you can return the favor and help give back to programs like the ones that helped you. Finally, this is all predicated on pulling out all the stops to finish your degree. But this assumes that this is a good plan. Not all degrees are helpful for all people in all areas of the country. Do your own research to make sure you aren't throwing good money after bad, and are pursuing a goal that will make sense for you and what you want.  The cost of a degree keeps going up, but it remains true that many sets of skills and degree-holding candidates are in demand and can command high salaries that blow away the cost of college in comparison. If you actually have a good chance of going from struggling to make $8/hour to making $50k-90k a year, based on your developed skills, experience, and professional network, then reasonable student loan debt is a worthy investment. If, on the other hand, you wrack up tens of thousands of more dollars in debt just to say you did and still have to work the same kinds of jobs, that's not really much of an investment at all. Good luck on your journey, and best wishes towards better days - regardless of what path you choose.\""}
{"_id": "418070", "title": "", "text": "\"Then what?  I have no doubt Amazon can sustain this for a LONG TIME, but maybe not \"\"forever\"\".  What happens after Walmart is gutted, and Amazon is on top?  Do they just sit there with their high-quality products with low prices ad infinitum?  Or do they start taking advantage of their position and ratchet it up?  We don't even need to guess, we can just look at the rest of their business.  Amazon is already \"\"turning on\"\" the profits for the retail side of the business having already gutted many brick and morter businesses.\""}
{"_id": "418083", "title": "", "text": "If you intend to be responsive to news and intraday price moves, for foreign stocks these will often happen while you're asleep (e.g. the Tokyo Stock Exchange opens at roughly midnight UK time)."}
{"_id": "418108", "title": "", "text": "The value of debt is that it allows you to profit from the return of equity beyond the amount of actual net equity you own.  Of course, this only works if the cost of borrowing is less than your return on equity.  Market timing matters a great deal but isn't accounted for in this view.  For my answer I would like to hand-wave away market timing considerations.  One plausible justification is that you could default on your current home and then immediately go buy one of equal value.  If you buy a new home of a lesser value (due to lack of funds) and then prices appreciate, then you missed some opportunity cost but probably not $100k worth of it. Moving on, here are some helpful assumptions I'll make. I'll ignore performance of your portfolio after retirement and only seek to optimize F, which will be your net worth upon retirement.  In either case, your current net worth is earning the R2 rate.  We can convert this for both your current net worth and future savings using conversion formulas. Present to future value F = P (1+R2)^x Annual to future value F = S ( (1+R2)^x - 1 ) / R2 Adding these together is sufficient to obtain F in the case that you have no borrowing power.  The case where you do not default and maintain your credit score is different due to an initial $100k penalty and the amortized value of borrowing power.  In a completely theoretical sense, you get an effective (R2-R1) yield on all borrowed money.  The future value will be the following: F = A1 (1+R2-R1)^x One step is missing, however, which is to convert this value (the value of having a good credit score) into present value to compare to value of your defaulting. P of borrowing power = F / (1+R2)^x = A1 { (1+R2-R1)/(1+R2) }^x Now, let's put some specific values in.  Say that you can borrow $300k with your good credit history and this applies for the next 25 years, after which you retire.  The borrowing rate is 7% and the time-value of money to you is 10%.  I would then calculate: P of borrowing power = $58 k < $100 k This indicates that it would be more economical to default.  Of course, some people might point out that it will be removed from your record after 7 years.  If you plug 7 years instead of 25 years into the equation, almost no assumptions about rates will lead to the option of keeping your house being preferable. So in a nutshell, the value of your credit is probably less than $100k in a purely mathematical sense.  But there are other factors too.  If you don't have that borrowing ability maybe you wouldn't be able to borrow money to start the business of your dreams.  If you are a rock star entrepreneur, then time-value of money to you could be 1,000% yield, sure, then maybe you could make the above numbers work (to favor keeping the house).  I've also neglected ethics.  As other people point out, it would be like stealing from the bank."}
{"_id": "418124", "title": "", "text": "I hovered over the label for trading volume and the following message popped up: Volume / average volume  Volume is the number of shares traded on the   latest trading day. The average volume is measured over 30 days."}
{"_id": "418135", "title": "", "text": "r/personalfinance  r/investing   Make a budget, set goals, and make a plan on how to achieve them.   99% of people will say index funds and dollar cost average. Make sure to set up a retirement account and see if your company has a matching program   Edit- hire an accounting/tax specialist."}
{"_id": "418137", "title": "", "text": "\"From the article: &gt; Employment relations minister Jo Swinson said: \"\"Pregnancy discrimination is illegal, immoral and completely unacceptable. There is no excuse for such attitudes from these employers, who frankly are dinosaurs.  Yeah, it might be illegal... but only in the context of when the idea is spoken out loud &amp; and the final selection is male.  which is why the notion is kept internally to the mind of the hiring manager, and why the final selection is based on merit.    Good thing there is no such thing as thought crime.\""}
{"_id": "418150", "title": "", "text": "If a stock that makes up a big part of the Dow Jones Industrial   Average decided to issue a huge number of additional shares, that will   make the index go up. At least this is what should happen, since an   index is basically a sum of the market cap of the contributing   companies. No, indices can have various weightings. The DJIA is a price-weighted index not market-cap weighted. An alternative weighting besides market-cap and price is equal weighting. From Dow Jones: Dow Jones Industrial Average\u2122. Introduced in May 1896, the index, also   referred to as The Dow\u00ae, is a price-weighted measure of 30 U.S.   blue-chip companies. Thus, I can wonder what in the new shares makes the index go up? If a stock is split, the Dow divisor is adjusted as one could easily see how the current Dow value isn't equal to the sum or the share prices of the members of the index. In other cases, there may be a dilution of earnings but that doesn't necessarily affect the stock price directly as there may be options exercised or secondary offerings made. SO if the index, goes up, will the ETF DIA also go up automatically   although no additional buying has happened in the ETF itself? If the index rises and the ETF doesn't proportionally, then there is an arbitrage opportunity for someone to buy the DIA shares that can be redeemed for the underlying stocks that are worth more in this case. Look at the Creation and Redemption Unit process that exists for ETFs."}
{"_id": "418156", "title": "", "text": "People still believe he'll be able to cut corporate tax rates, spurring buybacks. Expectations of a tax holiday for repatriation of overseas cash, too. Theyre probably right. but if they fail to do either or both, hold onto your butts for a correction."}
{"_id": "418160", "title": "", "text": "\"Ok, you go ahead and start a big store with high rent and high prices with better \"\"service\"\" and see how long you last. American consumers shop on price, and when they don't, they go to Apple. For information, they can get it on the internet.   The decline of all full-service airlines in the US proves this. Price is all that really matters to people who are spending their own money.\""}
{"_id": "418176", "title": "", "text": "\"i am personally not terribly impressed with their articles, there is one that talks about how they had to do a rebuild of their \"\"matching engine\"\", which makes me wonder what was wrong with the previous matching engine.... maybe it was broke or whatever.  one of their head people bailed out of the company a few years ago, and they said something that all of this hft stuff really started in 2008, if i read that correctly?  maybe hft is a dead dog.  then there was the article that attempts to \"\"debunk myths about the hft business\"\".... if they were profitable, they would not be talking about debunking myths, but instead they might instead be talking about their profits, lol..  bernie madoff was once the chairman of the nasdaq, and i think this is one of the exchanges that sells these high speed connections to these hft firms, which means that the exchange will eventually figure a method to put their hands onto this hft money and they might cut out the original hft firms, as they are no longer needed.  i smell a skunk, tradeworx is dead.\""}
{"_id": "418177", "title": "", "text": "There would be clear ownership if not for the state taking over these resources. There would also be a profit motive and benefits for companies to do these things. Private roads exist. Private security exists. The list goes on and on. It just doesn't follow that because the state monopolizes things that it is efficient at those things or better than the market."}
{"_id": "418181", "title": "", "text": "They don't control an entire market. They're not the only online retailer, they're not the only supplier or producer of a specific item. They do too many things to ever become a manopoly.   They're just shifting markets to their side, but they will never have full control. Think of amazon as the Roman empire taking up land. The Romans had great armies they could take almost any teritory they wanted but the bigger thier territory got the more boarders they had to protect. This essentially put a limit on their expansion. Same with Amazon they will take a great deal of the market but won't take it entirely because there is no way they can be the best at everything. The more they expand the more they have to spread out their workforce, R and D cost go up, you have to hire more specialist, they become a jack of all trades mater of none. Specialization always creates the best so unless they can specialize in everything they will cretae a mediocore product that someone else will perfect.    Dont get me wrong i think will dominate but they wont be a monopoly.   That being said, there is the posibility they try to go political and lobby for laws that stomp out their compatition similar to ISPs. If this goes down then we may have a monopoly form in the future."}
{"_id": "418195", "title": "", "text": "Yes, there is.  I was a victim of Experian's breach last year.  The only thing these credit reporting agencies sell is their opinion.  If their opinion is not worth shit because they are compromised, then what they sell has little value.  Next time you hear a lender explaining to you this credit score thingy, ask them if they still remember how to underwrite without it, because it is going away.  They will look at you and try to carefully explain its importance, but you are under no obligation to believe them.  Tell them COBOL sucks, and so does much of the '80s music they still listen to."}
{"_id": "418199", "title": "", "text": "Well I'm not going to bust out people who do illegal drugs (illegal in my state) and choose to actively violate their employment contracts.   Call it what you will.   One can also claim that stating pot has no negative impact on work performance is also anecdotal."}
{"_id": "418209", "title": "", "text": "Diploma mills will sell a piece of paper to anyone who pays them, but that doesn't mean they have learned anything or will be able to get a job. They trick prospective students into taking out massive student loans for something that will bear no resemblance to an actual education. The worst part is that allegedly legitimate colleges and universities have been playing this game too for at least a decade. What is going to be done about it? Nothing. In the United States of Avarice, only those rich enough to bribe congress get their way."}
{"_id": "418213", "title": "", "text": "Taxing divident earnings hurts bank shareholders, customers, and qualitatively impacts the equities market for the worse because it  A) Lowers the incentive to hold an equity instrument over long and intermediate periods, incentivizes short term holdings creating a more chaoticly traded stock market with more pronounced crises occurring more frequently.  B) The resulting dead weight loss of long term equities investment constricts the capital available to banks and investment firms, limiting the services they can offer their customers, decreasing product yield and increasing borrowing costs.  C) The banks, having lost business in long term equities trading, then of course make less money and return less money to their shareholders.  No such things as a free lunch, my dude."}
{"_id": "418235", "title": "", "text": "The way offset mortgages work, you are keeping savings in an account effectively earning the rate of the mortgage. You have the ability to leave it, paying the mortgage off early, or borrowing back, any time."}
{"_id": "418275", "title": "", "text": "\"Hi Alex.  I've been alerted you're seeking a better answer to this question. ;-)  Please accept my apologies for not coming back to this question sooner \u2013 it got buried. :-/  No, in general you cannot make an early withdrawal penalty-free from a 403(b) account to use towards the purchase of a home. Withdrawals before age 59 1/2 are generally subject to the 10% early withdrawal penalty, on top of ordinary income tax. Some 403(b) plans may allow for a loan, but the availability and conditions vary by plan. If you'd consider a loan, you should check with your plan administrator or your plan's Summary Plan Description \u2013 often available at one's company intranet or HR web site.  (I do contract work for an HR consulting firm that assists others in building such sites, and SPDs are usually something made available for download in a \"\"Retirement\"\" or \"\"Wealth\"\" section of such web sites.) Note that a loan from a 403(b) would need to be paid back into the plan over some period of time, e.g. 5 years, though I have come across examples of some plans that do permit a longer pay back period of 10, 15, even 30 years if the loan is used for a home purchase.  But consider this article: The 403(b) Loan: The New Debtors Prison? Finally, to your last point:  Yes, if you have an IRA, there are rules permitting withdrawal of up to $10,000 penalty-free for use towards the purchase of a first home.  See page 53 in IRS Publication 590.  There's also a good article at Fool.com: All About IRAs - For First Time Home Buyers. Such a withdrawal from a traditional IRA remains subject to ordinary income tax.  If have a Roth IRA, you can withdraw free of income tax but you need to pay attention to the Roth IRA 5 Year Rule. Additional Resources:\""}
{"_id": "418281", "title": "", "text": "\"I argued for a 15% rule of thumb here: Saving for retirement: How much is enough? Though if you'll let me, I'd refine the argument to: use a rule of thumb to set your minimum savings, then use Monte Carlo to stress-test and look at any special circumstances, and make a case to save more. You're right that the rule of thumb bakes in tons of assumptions (great list btw). A typical 15%-works scenario could include: If any of those big assumptions don't apply to you (or you don't want to rely on them) you'd have to re-evaluate. It sounds like you're assuming 4-5% investment returns? As you say that's probably the big difference, 4-5% is lower than most would assume. 6-7% (real return) is maybe a middle-of-the-road assumption and 8% is maybe an unrealistic one. Many of the assumptions you list (such as married/kids, cost of living, spouse's income, paying for college) can maybe be bundled up into one assumption (percentage of income you will spend). Set a percentage budget and as you go along, stay within your means by sacrificing as required. Also smooth out income across layoffs and things by having an emergency fund. By staying on-budget as you go you can remove some of the unpredictability. The reason I think the rule of thumb is still good, despite the assumptions, is that I don't think a \"\"more accurate\"\" number based on a lot of unpredictable guesses is really better; and it may even be harmful if you use it to justify saving less, or even if you use it to save far too much. See also http://en.wikipedia.org/wiki/Precision_bias Many (most?) important assumptions are not predictable: investment returns, health care inflation, personal health, lifestyle creep (changing spending needs/desires), irrational investment behavior. I agree with you that for many scenarios and people, 15% will not be enough, though it's a whole lot more than most save already. In particular, low investment returns over your time horizon will make 15% insufficient, and some argue that low investment returns over the coming 30 years are likely. Without a doubt, 20% or more is safer than 15%. Do consider that \"\"saving enough\"\" is not a binary thing. If you save only 15% and it turns out that doesn't completely replace your income, it's not like you're out on the street; you might have to retire a few years later, or downsize your house, or something, but perhaps that isn't a catastrophe. There's a very personal question about how much to sacrifice now for less risk of sacrifice in the future. Maybe I'd better qualify \"\"not a binary thing\"\": some savings rates (certainly, anything less than 10%), make major sacrifices pretty likely... so in that sense there is a binary distinction between \"\"plausible plan\"\" and \"\"denial.\"\" Also, precise assumptions and calculations get a lot more useful as you approach retirement age. You can pretty much answer the question \"\"is it reasonable to retire right now?\"\" or \"\"could I retire in 5 years?\"\" (though with a retirement that could last 30 years, plenty of unknowns will remain even then). I think at age 20 or 30 though, just saving 15% (20% if you're conservative), and not spending too much time on a speculative analysis would be a sound decision. That's why I like the rule of thumb. Analysis paralysis (saving nothing or near-nothing) is the real danger early in one's career. Any plausible percentage is fine as long as you save. As your life unfolds and you see what happens, you can refine and correct, adjusting your savings rate, moving your retirement age around, spending a little less or more. The important thing earlier in life is to just get in the right ballpark.\""}
{"_id": "418301", "title": "", "text": "It's really not an overstatement. The founders just received a massive windfall, and in the process they attempted to get drivers to waive shareholder rights and offered them meager payouts. And the mere fact that they sold to the highest bidder so early on makes their entire premise seem a bit disingenuous. [link to said false promises.](http://www.cnbc.com/2017/06/19/drivers-sue-uber-rival-juno-for-securities-fraud.html)"}
{"_id": "418310", "title": "", "text": "The complexity of the side effects always amaze me.  For example - fertiziler is bad for fish.  Why?  Because it ends up entering the water table and eventually ends up on the embankments of rivers.  The fertiziler allows plants along the embankment to grow more, meaning that there are more leaves etc that fall into the river.  This in turn increases the amount of bacteria in the river because of the increased food.  The increased bacteria absorb more of the oxygen in the water, making it more difficult for fish...  Their are many such chains, and it can be very difficult to follow and understand them."}
{"_id": "418328", "title": "", "text": "There are two key reasons: Consider a family of four, two kids and two adults, that has a net worth of $20 million. Each of these four people live in a top 1% household. But any of those four people can die, and their estate will not pay any estate tax. Both kids and one spouse can die, and still no estate tax will be paid. Only when the last spouse dies would there be any estate tax. Also, consider a person who dies but whose assets do not flow into their estate. For example, their assets could be held in an inter-vivos trust. People with higher net worths are much more likely to use trusts to avoid or minimize estate taxes."}
{"_id": "418336", "title": "", "text": "Not sure if I follow your question completely. Re: What if some fraud takes place that's too big even for it to fund?   SIPC does not fund anything. What it does is takes over the troubled brokerage firm, books / assets and returns the money faster. Refer to SIPC - What SIPC Covers... What it Does Not and more specifically SIPC - Why We Are Not the FDIC. SIPC is free for ordinary investors. To get the same from elsewhere one has to pay the premium. Edit: The event we are saying is a large brokrage firm, takes all of the Margin Money from Customer Accounts and loses it and also sell off all the stocks actually shown as being held in customer account ... that would be to big. While its not clear as to what exactly will happens, my guess is that the limits per customers will go down as initial payments. Subsequent payments will only be done after recover of funds from the bankrupt firm. What normally happens when a brokrage firm goes down is some of the money from customers account is diverted ... stocks are typically safe and not diverted. Hence the way SIPC works is that it will give the money back to customer faster to individuals. In absence of SIPC individual investors would have had to fight for themselves."}
{"_id": "418352", "title": "", "text": "according to their client services it is a licensing issue: Thread: OKpay didn't Accept USA clients? They do not elaborate but do suggest that they don't plan to fix that issue."}
{"_id": "418363", "title": "", "text": "I think that the minimum wage is too low. That said the people in this article are making shitty decisions and their plight is not the reason to change the minimum wage. Perhaps if she had always worked minimum wage jobs she shouldn't have had 2 kids. There is no discussion about the father contribution. Perhaps if he can't contribute to kids, she shouldn't  have had kids with him. Perhaps if she felt  the need to quit one of her jobs (to be fair I understand that need given the ridiculous hours she was working), she should have quit the lower paying one. Instead she kept the 9.50 an our one and quit the 11 dollar one. That is almost 500 bucks a month difference for a 40 hr week. And her friends, while good example of poor people being super kind to others, are not a good case either. Like seriously 4 kids on minimum wage???  Minimum wage should change but not because of these people's poor choices."}
{"_id": "418384", "title": "", "text": "It IS a discussion. Historically yes, A minimum wage job was able to support a family.   Do you feel that only the wealthy should be able to afford to have children? With the ever widening income gap and dwindling middle class please explain how this is not a possible reality.  Since you do not adhere to the classical definition of what minimum wage should provide. What DO you think minimum wage should be able to provide? And individual to live independently free of assistance at 40hrs a week? Do you feel they should have to work over time simply to afford to exist? Should a minimum wage worker have to depend on government assistance to get by (with or without overtime).  Do you feel so low of your fellow human being that you'd rather see them starve than increase to a living wage?"}
{"_id": "418415", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.forbes.com/sites/jareddillian/2017/07/10/japan-has-entered-the-next-phase-unlimited-money-printing/#6251a04468a0) reduced by 80%. (I'm a bot) ***** &gt; Quantitative easing, which involves the purchase of &amp;quot;Printed&amp;quot; money to buy government bonds, was widely viewed in Japan as a failure, but what most people don&amp;#039;t understand about Japan&amp;#039;s early QE experiments is that they were very small-less than $20 billion a month.  &gt; Investors who traffic in JGBs have remarked that the market now functions very poorly, since so much of the market is held by the BOJ. It seems that will get worse, not better.  &gt; What happens if yields rise further? What happens if the yen depreciates significantly? How much could it depreciate? Could Japan have a currency crisis? What happens if the BOJ ends up owning the entire bond market? These are the questions that investors are asking, and nobody really knows the answers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6n8rbs/japan_has_entered_the_next_phase_unlimited_money/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~166624 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Japan**^#1 **BOJ**^#2 **market**^#3 **bond**^#4 **JGB**^#5\""}
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{"_id": "418480", "title": "", "text": "\"Yes, you may deduct the cost of building the \"\"noise cancellation system\"\" :) sorry couldn't resist. But seriously, yes you can deduct it ONCE (unless you have more cost maintaining it) and its on line 19 (Repairs and maintenance) of IRS Form 8829.\""}
{"_id": "418503", "title": "", "text": "This sounds like a pretty cool idea, and upon reflection, maybe not so crazy as it sounded to me at first.  One suggestion: introduce some (probably vaguely described) rule change that makes it easy for people to contribute from their retirement account(s).  That would allow you to plausibly increase the average contribution by a lot, maybe from hundreds like aranaxon described to thousands.  If I were trying to do this right now, I'd gather as much money as I could (obviously) and try like hell to make alliances with pension funds and other major non profits that routinely buy a lot of common stock.  Then I'd pick one fairly large bank and buy as much as possible.  Be aware of [poison pills](http://en.wikipedia.org/wiki/Poison_pill) and similar common arrangements that exist to prevent this sort of thing.  Partnering with other institutions would help to alleviate them.  Once I controlled (with my new-found buddies) a major bank, I'd be quick to replace the board and fire senior management.  I'd do everything possible to get around paying any [golden parachutes](http://en.wikipedia.org/wiki/Golden_parachute).  Then make all the changes I want to the bank's practices.  The general idea would be that, after this, the *threat* of doing it to another bank would be enough to get them to change, without actually having to pull off a corporate takeover."}
{"_id": "418516", "title": "", "text": "\"I am trying to set up a formula that will find interest-rate behind first pencil sheets at car dealerships. I am not a car finance expert so I need someone who is intimate with how these loans really work.   The points of data I get at first pencil are: 1) Amount Financed 2) Period 3) Monthly Payment  The data I need to extrapolate: 1) Rate in percentile so that I can compare to my bank's offer.  I have tried this and many other stock \"\"find rate\"\" formulas with no accurate results: R=(A/P^(1/n)-1)n\""}
{"_id": "418517", "title": "", "text": "I am happiest on my bicycle, but money bought the sorta fancy bicycles I ride and the ipod that plays the music. It also buys the food along the way of my trip and the camera I use to take photos of the beauty I find. I am happy without the camera, but I need music for any trip longer than 50 miles."}
{"_id": "418519", "title": "", "text": "If you don't mind a question: you're bullish until [fill this slot] will happen?  Personally i'm not bearish but i'm out of this market and i'm waiting, aware that i'm losing some money but risk come fast and i prefer not hedging my gains of last years. Still having a small position on some ETFs USD/JPY cross.."}
{"_id": "418520", "title": "", "text": "Does that strike you as a fair solution? All the people that have made sacrifices and not spent every dime they have earned deserve to have it taken away? And I am sure they do have it 'somewhere' like low yield bonds or savings accounts..."}
{"_id": "418528", "title": "", "text": "\"Having cash and bonds in your portfolio isn't just about balancing out the risk and volatility inherent in equities. Consider: If you are 100% invested in equities and the market declines by 30%, you'll be hard pressed to come up with additional money to \"\"buy low\"\". You'll miss out on the rebalancing bonus. But, if you make a point of keeping some portion of your portfolio in cash and bonds, then when the market has such a decline (and it will), you'll be able to rebalance your portfolio back to target weights \u2014 i.e. redeploy some of your cash and bonds into equities to take advantage of the lower prices.\""}
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{"_id": "418551", "title": "", "text": "\"Aggressiveness in a retirement portfolio is usually a function of your age and your risk tolerance. Your portfolio is usually a mix of the following asset classes: You can break down these asset classes further, but each one is a topic unto itself. If you are young, you want to invest in things that have a higher return, but are more volatile, because market fluctuations (like the current financial meltdown) will be long gone before you reach retirement age.  This means that at a younger age, you should be investing more in stocks and foreign/developing countries. If you are older, you need to be into more conservative investments (bonds, money market, etc).  If you were in your 50s-60s and still heavily invested in stock, something like the current financial crisis could have ruined your retirement plans.  (A lot of baby boomers learned this the hard way.) For most of your life, you will probably be somewhere in between these two.  Start aggressive, and gradually get more conservative as you get older.  You will probably need to re-check your asset allocation once every 5 years or so. As for how much of each investment class, there are no hard and fast rules.  The idea is to maximize return while accepting a certain amount of risk.  There are two big unknowns in there: (1) how much return do you expect from the various investments, and (2) how much risk are you willing to accept.  #1 is a big guess, and #2 is personal opinion. A general portfolio guideline is \"\"100 minus your age\"\".  This means if you are 20, you should have 80% of your retirement portfolio in stocks.  If you are 60, your retirement portfolio should be 40% stock.  Over the years, the \"\"100\"\" number has varied.  Some financial advisor types have suggested \"\"150\"\" or \"\"200\"\".  Unfortunately, that's why a lot of baby boomers can't retire now. Above all, re-balance your portfolio regularly.  At least once a year, perhaps quarterly if the market is going wild.  Make sure you are still in-line with your desired asset allocation.  If the stock market tanks and you are under-invested in stocks, buy more stock, selling off other funds if necessary.  (I've read interviews with fund managers who say failure to rebalance in a down stock market is one of the big mistakes people make when managing a retirement portfolio.) As for specific mutual fund suggestions, I'm not going to do that, because it depends on what your 401k or IRA has available as investment options.  I do suggest that your focus on selecting a \"\"passive\"\" index fund, not an actively managed fund with a high expense ratio. Personally, I like \"\"total market\"\" funds to give you the broadest allocation of small and big companies.  (This makes your question about large/small cap stocks moot.)  The next best choice would be an S&P 500 index fund. You should also be able to find a low-cost Bond Index Fund that will give you a healthy mix of different bond types. However, you need to look at expense ratios to make an informed decision.  A better-performing fund is pointless if you lose it all to fees! Also, watch out for overlap between your fund choices.  Investing in both a Total Market fund, and an S&P 500 fund undermines the idea of a diversified portfolio. An aggressive portfolio usually includes some Foreign/Developing Nation investments.  There aren't many index fund options here, so you may have to go with an actively-managed fund (with a much higher expense ratio).  However, this kind of investment can be worth it to take advantage of the economic growth in places like China. http://www.getrichslowly.org/blog/2009/04/27/how-to-create-your-own-target-date-mutual-fund/\""}
{"_id": "418558", "title": "", "text": "&gt;You linked to an article about 1 QUARTER in 2010 -   Sorry, here's one from 4th Quarter in 2011.  http://latimesblogs.latimes.com/money_co/2011/11/gdp-revised-downward-corporate-profits-up.html  I'm sure I could find more and more that prove your first assertion to be completely false.  &gt;If #2 is increased with NO INCREASE IN OUTPUT the cost of those goods is going up.   The cost of labor right now can't support consumption in our economy.  That is the simplest of economics.  What you're doing is claiming that businesses will be able to hike up prices without repercussions from consumers."}
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{"_id": "418580", "title": "", "text": "I would recommend pre-paid debit cards. Every quarter a fixed amount of money is loaded onto the card (or a new card is issued). This prevents any large-scale fraud from occurring."}
{"_id": "418610", "title": "", "text": "Market cap is basically the amount of money that it would cost to buy all of the shares of public stock in a company.  Or  share cost * number of outstanding shares. It is a measure of how much a company is worth. http://en.wikipedia.org/wiki/Market_capitalization"}
{"_id": "418626", "title": "", "text": "You're missing the cost-of-carry aspect: The cost of carry or carrying charge is the cost of storing a physical commodity, such as grain or metals, over a period of time. The carrying charge includes insurance, storage and interest on the invested funds as well as other incidental costs. In interest rate futures markets, it refers to the differential between the yield on a cash instrument and the cost of the funds necessary to buy the instrument. So in a nutshell, you'd have to store the gold (safely), invest your money now, i.e. you're missing out on interests the money could have earned until the futures delivery date.  Well and on top of that you need to get the gold shipped to London or wherever the agreed delivery place is. Edit: Forgot to mention that of course there are arbitrageurs that make sure the futures and spot market prices don't diverge. So the idea isn't that bad as I might have made it sound but being in the arbitrage business myself I should disclaim that profits are small and arbitraging is highly automated, so before you spot a $1 profit somewhere between any two contracts, you can be quite sure it's been taken by an arbitrageur already."}
{"_id": "418630", "title": "", "text": "\"Most states that have income tax base their taxes on the income reported on your federal return, with some state-specific adjustments.  So answering your last question first:  Yes, if it matters for federal, it will matter for state (in most cases). For estimating the tax liability, I would not use the effective rate but rather use the rate for your highest tax bracket and apply that to your estimated hobby income, assuming that you primary job income won't be wildly higher or lower than last year. As @keshlam noted in a comment, this income is coming on top of whatever else you earn, so it will be taxed at your top rate. Finally, I'd check again whether this is really \"\"hobby\"\" income or if it is \"\"self-employment\"\" income.  Self-employment income will be subject to self-employment tax, which comes on top of the regular income tax.\""}
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{"_id": "418639", "title": "", "text": "Thanks for your thorough reply.   Basically, I found a case study in one of my old finance workbooks from school and am trying to complete it.   So it's not entirely complicated in the sense of a full LBO or merger model.   That being said, the information that they provide is Year 1 EBITDA for TargetCo and BuyerCo and a Pro-Forma EBITDA for the consolidated company @ Year 1 and Year 4 (expected IPO). I was able to get the Pre-Money and Post-Money values and the Liquidation values (year 4 IPO), as well as the number of shares.   I can use EBITDA to get EPS (ebitda/share in this case) for both consolidated and stand-alone @ Year 1, but can only get EPS for consolidated for all other years. Given the information provided. One of the questions I have is do I do anything with my liquidation values for an accretion/dilution analysis or is it all EPS?"}
{"_id": "418647", "title": "", "text": "Do you need to incorporate? This depends on whether the company prefers you to be incorporated.  If you are going through a recruiting company, some of them are willing to deal with non-incorporated people (Sole Proprietor) and withhold taxes from your cheques for you. If you do want to incorporate, you can do it yourself, go through a paralegal, or you can even do it online.  I did mine in Ontario for about $300 (no name search - i just have a numbered corporation like 123456 Ontario Inc.) through www.oncorp.com - there are other sites that do it as well. Things to consider - if you're contracting through a corporation you most likely need to: Talk to an accountant about these for clarification - most of them will give you an initial consultation for free. Generally speaking, accountant fees for corporate filing taxes averages about $1000-2000 a year."}
{"_id": "418652", "title": "", "text": "Oh, you were looking for proof?  &gt; i got a 19% raise this year. prices aren't up 19% this year.  That's a good question you asked there. It's very clear and concise what you were looking for. With your added:  &gt; i wasn't looking for an explanation - i was looking for proof, as you provided none.  three posts later, it all suddenly becomes so clear. You should be a writer. Just yell at anyone who doesn't get your subtlety and tell them they're wrong."}
{"_id": "418668", "title": "", "text": "Sales talent is very rare. The sales process for B2B is not like your door to door vacuum cleaner sales man. Usually, procurement puts out a sale for bid. Sales teams have to compete against one another for the business. Usually, its a 4-5 vendors competing for one spot. One team eats, the rest go hungry."}
{"_id": "418685", "title": "", "text": "Some discussions don't need to be had.  I've had plenty of time to research and form my viewpoint.  I was in military intelligence, I am extremely interested in history and politics, and I am currently going to a school that many people consider to be pretty good.  I feel like I know the issues and the events pretty darn well, although I am always learning something new. I have come to an opinion on the matter that is my own.  Im happy to live in a society where others can have very differing positions.  However, you came across as pretty hostile in your reply, so I have no interest in talking with you about it."}
{"_id": "418699", "title": "", "text": "You're right on the typo, I'm on my phone and meant to type in Glass-Stegal was repealed and allowed for approval of Gramm-Leach-Bliley, but can't edit now. I still disagree and would like to see any published research from a that indicates that deregulation helped to mitigate 2008 and the repealing of Glass-Steagal helped prevent a worse crisis."}
{"_id": "418700", "title": "", "text": "The idea of education has never been to make stupid people smarter, but to make uneducated people educated and ready to serve a greater good as an educated worker and member of the political spectrum.  Comparative economics tells us that as the manufacturing jobs that used to be in the US move overseas and equalize the wealth of the world with the people working to receive it. As this happens, jobs in manufacturing will leave the US, and their educated and formerly employed workers with it. My suggestion is that Microsoft takes the already educated, and gives them training to function in a new career in return for guaranteed service in the job they have been trained for. There is no need to revamp any education system here, but only to start a training program which Microsoft would benefit greatly from."}
{"_id": "418708", "title": "", "text": "\"Well, primarily because that's fraud and fraud prevents a debtor from receiving a discharge in bankruptcy court.  Fraud would be pretty easy to prove if you didn't have an income change and you have several lines of credit opened on and around the same day with almost no payments made toward them.  Additionally, thanks to the reforms of the bankruptcy code, if your income exceeds the median income of your state you'll be forced in to a Chapter 13 and committed to a repayment plan that allocates all of your \"\"disposable income\"\" to your creditors. Now if whoever posted that will attempt to simply not pay then negotiate repayment plans with their creditors the process will last far longer than 7 years.  It takes a long time to be in default for enough time that a consumer creditor will negotiate the debt and this is assuming the creditor doesn't sue you and get a judgement which could apply liens to any property you may own.  The judgment(s) will likely cause you to pursue bankruptcy anyway; only now you're at least a few years beyond the point at which you ruined your credit.\""}
{"_id": "418714", "title": "", "text": "I love seeing a couple take matters into their own hands. I don't see this as disrupting society's beauty standards. We all find different things beautiful and kids are finally getting options when they browse the doll aisle. American Dolls has a similar line."}
{"_id": "418771", "title": "", "text": "For people who are already a Costco member. The American Express TrueEarnings Business Card is a good choice. Note: If you don't own a business, just use your name as the business. The business card is better than the regular TrueEarnings card. Pros:"}
{"_id": "418772", "title": "", "text": "\"No shit. That crazy, ruthless republican notion that your credit rating shouldn't take a hit because you defaulted on the restructured home loan that you got when you defaulted on the *last* deal. Few people shed a tear for the borrowers who defaulted on jumbo ARM loans, but when a government does it we're all supposed to sit here and say \"\"that's ok. Take a mulligan\"\".\""}
{"_id": "418801", "title": "", "text": "There are several issues with paying for furniture and appliances with 0% credit instead of paying with cash. When you pay with 0% credit, you might be tempted to spend more on something than you would have if you paid with cash, because it feels like free money, and you've justified in your mind that the extra you earn will help pay for the more expensive item. Businesses don't offer 0% credit for free, and they don't lose money on the deal.  When you shop at a store that offers 0% credit, you are generally overpaying for the item.  By shopping at a store that does not offer 0% credit, you might be able to get a better price. Your savings account is likely earning very little interest.  You might invest the money you intend for your purchases in a place that gets better returns, but in most of these places the returns are not guaranteed, and you might not do as well as you think. 0% loans typically come with lots of conditions that have very heavy penalties and interest rate hikes for late payments.  You can mitigate this risk by setting up automatic payments, but things can still go wrong.  Your bank might change your account number, making the automated payment fail.  As you mentioned, you might also forget to put the proper amount of money in the account.  A single mistake can negate all of the tiny gains you are trying to achieve. Ultimately, the decision is yours, of course, but in my opinion, there is very, very little to gain with buying something on 0% credit when you could be paying cash."}
{"_id": "418815", "title": "", "text": "As much as you want. There's no tax on gifts you receive. Gift tax is on the donor, i.e.: the person giving the gift. The $100K limit is for reporting. Gifts of $100K or more per year from foreign sources must be disclosed on form 3520 attached to your tax return. But there's no tax. Read more here."}
{"_id": "418818", "title": "", "text": "How does your comment follow? The projects are low bid, but too expensive? The problem is a bart janitor who works outrageous hours?   Which is it?  And honestly 100k, which is what the janitors seem to be making regularly, in the bay is barely adequate."}
{"_id": "418826", "title": "", "text": "&gt; When the headline is all that someone sees before reading the story, it's important to state explicitly the affected parties. Consumers and businesses are not the only possible parties given a regulation concerning lawsuits.  That's what you wrote, and what my reply is based on."}
{"_id": "418838", "title": "", "text": "Former investment banker here. I joined an M&amp;A group and then decided not to do PE, but that was what most peers did.   1) When in school, get the top grades. They want to see that you barely make mistakes. You're going to be dealing with other people's money, so very little room for error.   2) join the student finance organizations. If you can't join em, then create one. If that's too much, then go to their meetings and sit in. Do something. Get out there and don't take no for an answer.   3) do something on the side that shows your genuine interest. Start investing your own money. Come up with an investment thesis. This is going to show them you actually care about what you want to do and you're not all talk.   4) network. Network. Network. Friends of family. Family of friends. Strangers. You don't know who can help you, so know everyone. If you show that you are eager and willing to learn, people will bend over backwards to help you. Just remain humble. Don't be a snarky dick.   Stay focused. Stay determined. If something doesn't go your way, it's not the end. No road isn't always straight and paved. You might have to go on a winding gravel road to get to where you want to go, but if you want to get there bad enough, you'll make it. And maybe along the way, you might realize that it's not something you want to do, so you'll pivot. Nothing wrong with that. Do what you want, not what you think other people think you should do.   Good luck!"}
{"_id": "418840", "title": "", "text": "I think the wifi connection was so that the juice dispenser wouldn't work if you use an off brand juice bag; they put DRM on juice.   It wasn't for operating the machine via wifi. Idk how that would work anyways; you'd have to set it up and put a glass under it, then I guess use your phone to activate it later. But there wouldn't be any point, it takes a trivial amount of time to pour juice from a bag into a cup, unlike brewing coffee."}
{"_id": "418864", "title": "", "text": "\"Keep in mind, there are too many variables to address in a single post. I could (and might) write a full book on the topic. One simple way to comprehend your perceived observation. In the 25% bracket, you have $1000 of income and two choices. Net out $750, and deposit to Roth, or deposit the full $1000 to the traditional IRA or 401(k). Sufficient time passes for the investment to grow 10 fold. For what it's worth, 8% at 30 years will do that.  The Roth is now worth $7500 tax free. The traditional 401(k) is worth $10000 but subject to tax. At 25%, we're at the same $7500.  For those looking to invest more than a gross $18,000, the Roth flavor is an effective $24,000, as post tax, this is $18,000. I wrote a bit more on this in the whimsically titled The Density of Your IRA. This is really a top 10%er issue, as it takes quite a bit of income for the $23,000 combined IRA and 401(k) limits to be a problem.  In my writing, the larger case to be made is for taking advantage of the tax rate difference between the time of deposit and withdrawal. A look at the 2016 tax rates is in order.  Let's stick with 25% while working. Now, at retirement, but before social security, as that's another story, the couple has $20,600 in standard deduction and exemption, and both the 10 and 15% brackets to enjoy.  Ignoring any other deductions, potential credits, etc, let's look at a gross $80,000 withdrawal.   The numbers happen to work out to an average 10%, with the couple being in a marginal 15% bracket. A full 25% or $20,000 tax would be the break-even to the \"\"same bracket in/out\"\" analysis, so this produces a $12,000 benefit.  This issue is often treated as if there were 2 points in time, the deposit, and the withdrawal. For most people, that may be the case. Keep in mind, current law allows a conversion to Roth any time in between. This gives an opportunity to make a deposit while in the 25% bracket, and convert in any year the marginal rate drops back to 15% for whatever reason.  Last - I can't ignore the Social Security problem. Simply put, when half of your Social Security benefits plus other income exceed $25,000 ($32,000 if married filing joint) your benefits start to become taxable, until 85% of your benefits are fully taxed. This issue is worthy of multiple posts by itself. It's not a deal killer, just another point to consider. A very high income earner might be beyond these levels already, in which case the point is moot. A low income earner, not impacted at all. It's those who are in the range to navigate this that would benefit to take advantage of the scenario I presented above and spend down pre-tax accounts, while planning to use the Roths when Social Security starts. This should make it clear - it's not all or none. Those retiring with $2M in 100% pretax, or $1.5M 100% in Roth have both missed the chance to have the optimal mix.\""}
{"_id": "418871", "title": "", "text": "\"You can simply use the previous year's tax liability as your basis for payments. Take the amount of tax you owed the previous year, divide by four, and use that amount for your estimated payments. As long as you're paying 100% of what you owed last year, you won't have any penalty. Except if your AGI is above a certain limit ($150k for married filing jointly in 2011), then you have to pay 110%. See IRS Pub 505 for details (general rule, special rule, under \"\"Higher Income Taxpayers\"\"). (H/T to @Dilip Sarwate for pointing out the 110% exception in a comment below.)\""}
{"_id": "418875", "title": "", "text": "There is usually a phone number on the side of the ATM to call for situations like this. That is where I would start. Can you pursue a legal action? Sure, you could do that even if the machine didn't eat your money. Anyone can do that for any reason. The pertinent question is whether you will win. Maybe, but even if you do it would take a while and probably cost more time/money than it is worth. It isn't like there was malicious intent from the bank, call the ATM vendor or bank, and politely explain your situation. No need to start the conversation by threatening a lawsuit. What are the chances of BOA screwing you over? Based on their reputation, probably higher than they should be."}
{"_id": "418884", "title": "", "text": "Book keeping as a sole proprietor will seem like a headache.  Basically you have to have two accounts for everything and track specifics for any company assets that are mixed use (such as mileages).  No real downsides aside from that.   We just bought a start up kit and then modified it an then did a lot of research on proper registrations.  I found out later you can have a legal expert do it for like 250-300.  If we had known that it would have been worth it.  The state and fed registration is a boring headache. Your time is better spent earning."}
{"_id": "418886", "title": "", "text": "I'm honestly a little surprised about where that funding came from too.  Twitter's been a monumental help in all the uprisings worldwide.    Incoming funds from a country known for human rights violations seems very suspect indeed.    Then again, if twitter goes the way of suppressed communication / biased information (Fox News (also partly owned by said Saudi prince)) then what's to stop people from building a twitter clone?   Twitter is great an all, but at it's heart it only has brand loyalty."}
{"_id": "418888", "title": "", "text": "There is no need of the conventional advertising methods, which include cost of\u2013 Land, capital, work, and businessperson to enhance the promotion of your product. You can start with blog promotion, web-based social networking, and email advertising of your services with lesser investment."}
{"_id": "418893", "title": "", "text": "Think of it. How does an insurance company make money? Well essentially, it tries to have more knowledge about risk than those insuring themselves. It also attempts to manage its investments better. Well to this requires a lot of knowledge of statistics and this is primarily what you will be doing over your career. One friend got into it because he liked to gamble and win (he lost about $2k as a young teenager in Hong Kong). He spent a lot of time studying probability and statistics and then became fascinated by it. So fascinated that he became a full actuary, which means a long time studying. He was willing to put the time in."}
{"_id": "418897", "title": "", "text": "I agree with everyone that this approach is absurd. An equivalent assessment would look like this:  How much does a sandwich cost? Out of pocket expense: $5 Work time value assuming $20/hr: $10 Opportunity cost for $15 dollars that could have been invested at 33% return: $5  So a $5 sandwich now costs $20 dollars on paper."}
{"_id": "418900", "title": "", "text": "Be careful of transferring through the large banks. They may say no/low fees, but they hide their cut in the spread, or worsen the exchange rate, to their favor. Try:  - http://fxglobaltransfer.oanda.com/"}
{"_id": "418910", "title": "", "text": "&gt;Starting in 2014, the hiring of a company's 50th worker will cost an extra $40,000 per year.  Assuming 19 employees *do not have qualifying coverage* (FTA the first 30 are exempt)  &gt;This is one reason the unemployment rate is still above 8 percent three years after the end of the recession. Employers plan ahead.  Reaching.   &gt;$750 a year, is too small relative to the cost of health care coverage -- about $5,500 a year. Because insurance companies are required to take all applicants, healthy people (especially the young) would be wise to pay the penalty rather than buy the insurance. This makes the pool of insured individuals sicker and more costly, on average, and their premiums will higher. With higher premiums, more people will choose to pay the penalty, and a downward spiral will unfold.  An assumption that no healthy person wants to pay for insurance means the whole system will fall apart?  A lot of broad assumptions, although it is an OpEd."}
{"_id": "418937", "title": "", "text": "\"A market sell order will be filled at the highest current \"\"bid\"\" price. For a reasonably liquid stock, there will be several buy orders in line, and the highest bid must be filled first, so there should a very short time between when you place the order and when it is filled.   What could happen is what's called front running. That's when the broker places their own order in front of yours to fulfill the current bid, selling their own stock at the slightly higher price, causing your sale to be filled at a lower price.  This is not only unethical but illegal as well. It is not something you should be concerned about with a large broker.   You should only place a market order when you don't care about minute differences between the current ask and your execution price, but want to guarantee order execution. If you absolutely have to sell at a minimum price, then a limit order is more appropriate, but you run the risk that your limit will not be reached and your order will not be filled. So the risk is a tradeoff between a guaranteed price and a guaranteed execution.\""}
{"_id": "418938", "title": "", "text": "\"If you are dead set in being an analyst, just pic a sector you are interested in, read a bunch of quarterly and annual reports and do some financial analysis on their financial statements.  When you send in your resume, state quite clearly that you have no official experience in being an analyst ( in your cover letter ), but also attach your findings/work.  Even if it is amateur, you will gain some experience in a certain sector and you will up to scruff, even if they don't care about the sector you picked out, they will see that you have done some work besides just showing up with a degree.  It will help differentiate you from the rest of the pack.    If you have leisure time and not studying for your CFA, look into the book \"\"Confessions of a Wallstreet Analyst\"\".  It talks about the author going to work in Wallstreet during the telecom boom on the late 1990s.  It's interesting and you get a sense of what kind of work he actually did.  That sort of insight will help you out and hopefully get your on your path to success.  Hope this helped!\""}
{"_id": "418951", "title": "", "text": "\"The $100,000 is taxed separately as \"\"ordinary income\"\". The $350,000 is taxed at long-term capital gains of 15%. Capital gains is not taxed at 20% until $415,050. Even though $100,000 + 350,000 = $450,000, only $350,000 can be taxed at capital gains. The total ordinary income tax burden will be $31,986 if single, in California. Caveat: By creating a holdings corporation (C-corp), you can section 351 that $100,000 into the C-corp for tax deferment, which won't be taxed until you take money from the corporation. Since you will hold 100% of the voting stock, all distributions will be considered pro rata. Additionally, you can issue yourself a dividend under the rules of 26 USC \u00a7\u00a7243-246 (a greather-than-80% shareholder who receives a dividend can write-off 100% of said dividend). As long as that dividend doesn't trigger \u00a7\u00a71.243-246 of The Regulations by keeping the distribution just under 10% of E&P i.e. $10,000. Wages are deductible against basis so pay yourself $35,000 and keep $55,000 in the corporation and you can decrease the total liabilities down to $22,000 from $31,000, which includes the CA franchise tax. You don't have to pay yourself any money out a corporation to use the money.\""}
{"_id": "418957", "title": "", "text": "You need an accountant and/or a lawyer who is familiar with the US tax code and the rules in South Korea (assuming from your tag). As the interest will be money generated in the US, you could be required to withhold some of the interest and remit it to the IRS (I believe 30% withholding rate). Since South Korea is a treaty country, your friend can complete and sign a form W8-BEN and give it to you, so you may withhold a lower amount. Your friend would need to file a return if too much was withheld. They may also get taxed in South Korea. There are probably rules in South Korea about minimum interest that must be charged, similar to Applicable Federal Rates for the US, so check with your accountant or lawyer for this. If you craft it correctly, you will be able to have a loan as a mortgage (with the house properly secured), which then would allow you to deduct mortgage interest rates from your return. As far as I am aware, there is no maximum amount for loans."}
{"_id": "418958", "title": "", "text": "\"En Cornwall butikken har lagt en [t franchise](http://www.swspar.com/about/newspage.php?newsid=75) til sitt detaljhandel tilbud.  Butikk Helston, drevet av Chris og Sue Sharrinton, har innf\u00f8rt t for \u00e5 utfylle sin eksisterende vellykkede mat p\u00e5 farten drift og tiltrekke seg en bredere kundebase.  \"\"Vi har v\u00e6rt p\u00e5 utkikk etter en tid til noe nytt og annerledes \u00e5 tilby v\u00e5re mat p\u00e5 farten, og vi valgte t som partner fordi det er s\u00e5 sterkt merkenavn,\"\" sa Chris.  \"\"T har en trendy appell og vil tiltrekke seg yngre kunder til butikken, i tillegg til \u00e5 forbedre v\u00e5r totale tilbudet. Vi har opprettet 300 sq ft plass til t-drift, og fortsatt skal selge v\u00e5r egen popul\u00e6rt utvalg av varm mat, pasties, p\u00f8lse ruller og bacon baps, sammen med kassett sm\u00f8rbr\u00f8d, sikrer at v\u00e5re eksisterende ikke er drastisk redusert.  Chris og Sue jobbet sammen [Appleby vestover](http://www.swspar.com/) for installasjon av t tilbudet. Appleby vestover ogs\u00e5 jobbet med en annen av sine forhandlere, Julian Holliss n\u00e5r han installert franchise i hans bensin forecourt butikken i Dartmouth.\""}
{"_id": "418988", "title": "", "text": "Makes sense from a business standpoint.    Chances are if you didn't vote for Trump, you probably hate his guts and are blacklisting him.    Anyway, that's the vibe I get from the 15 separate, unconsolidated anti-trump subreddits that keep popping up on my feed."}
{"_id": "418994", "title": "", "text": "\"Something kind of like that, but geared more towards professional content providers.  For example, if you were going to do everything with an automated plug-in - the plug-in would open up \"\"premium content\"\" on sites that support it (e.g. New Yorker, etc.) and would be used by a ring of professional content publishers.  I mean, this is something that I haven't fully thought out yet - it's not even close to my industry - but it'd be nice from an end-user perspective to get access to all the premium sites on the internet, not by paying individual subscription fees, but by being 'metered' when I'm on those sites so my billing is an accurate indicator of my interest level in their content.   I mean, this opens up all kinds of problems of course - like how it would be easier to just set up an API to rapidly download all the content into an offline browser/format - but we're just brainstorming right now.\""}
{"_id": "418996", "title": "", "text": "\"&gt;One key aspect of that is that -- via the \"\"in the door ahead of time\"\" -- even IF the company requires the HR process to be followed, the job spec can be \"\"constructed\"\" to match the pre-qualified candidate, and his/her resume can go to the top of the stack (already being in the manager's hands with a hearty recommendation/endorsement from one of his critical team members: i.e. \"\"HIRE this guy/gal!\"\")  I've seen that happen many times. It happened with the position I'm in currently. I started out as a temp. Originally the job ad  was some aimless posting about needing a new accountant, the accountant didn't even need a college degree if they had equivalent work experience. Then all of a sudden one week the posting changed to a copy-paste job of my work and educational experience (much more demanding than the previous ad).\""}
{"_id": "418999", "title": "", "text": "Not sure about the UK, but if it were in the US you need to realize the expenses can be claimed as much as the income. After having a mild heart attack when I did my business taxes the first time many years ago, a Small Business Administration adviser pointed it out. You are running the site from a computer?  Deductible on an amortization schedule.  Do you work from home?  Electricity can be deducted.  Do you drive at all?  Did you pay yourself a wage?  Any paperwork, fax communications, bank fees that you had to endure as work expenses? I am not an accountant, but chances are you legally lost quite a bit more than you made in a new web venture.  Discuss it with an accountant for the details and more importantly the laws in your country.  I could be off my rocker."}
{"_id": "419015", "title": "", "text": "&gt; Then there\u2019s taxes, and not just federal. There will be state, local, real estate, school, tolls, export, import, duties and those hard-to-understand fees on your cable bill  Of those, the only thing I don't pay are export, import and duties. Which, if you're going in to business for yourself you'd probably know about these already."}
{"_id": "419022", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-usa-economy-housing-idUSKBN1A91RU) reduced by 81%. (I'm a bot) ***** &gt; The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to a seasonally adjusted annual rate of 5.52 million units last month.  &gt; At June&amp;#039;s sales pace, it would take 4.3 months to clear the stock of houses on the market, up from 4.2 months in May. A six-month supply is viewed as a healthy balance between supply and demand.  &gt; Annual wage growth has struggled to break above 2.5 percent, sidelining first-time home buyers, whose share of home sales has barely shifted.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6p944z/us_home_sales_stumble_as_prices_hit_record_high/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~174354 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **month**^#2 **market**^#3 **sales**^#4 **Housing**^#5\""}
{"_id": "419038", "title": "", "text": "\"JoeTaxpayer's answer is dead on... but let me give my own two cents with a little bit of math. Otherwise, I personally find that people talking about diversified portfolios tends to be full of buzzwords.  Let's say that Buffett's investments are $10 million. He would like to earn \u22657% this year, or $700,000.  He can invest that money in coca-cola//underwear, which might return: Or he can invest in \"\"genius moves\"\" that will make headlines: (like buying huge stakes in Goldman Sachs), which might return: And he makes plays for the long haul based on the expected value of the investments. So if he splits it 50/50... ($5 million/ $5 million), then his expected value is 822,250: By diversifying, he does reduce the expected value of the portfolio... (He is not giving $10 M the chance to turn into $1.5 million or $2 million for him!). The expected value of that shock-and-awe portfolio with all $10 million invested in it is $1.2M. By taking less risk... for less reward... his expected return is lower. But his risk is lower too.  Scale this example back up into the $100 million or billion range that Buffett invests in and that extra margin makes the difference.  In the context of your original article, the lower-risk 'cake and underwear' investments let Buffett go big on the things that will make 20%+ returns on billions of dollars, without completely destroying his investment capital when things take a turn for the worse.\""}
{"_id": "419051", "title": "", "text": "$1160 per month, lets say you only have one kid.  Oh, wait, taxes are taken out.  You really only have about $1,000 to work with.  Cheapest rent in my area is about 400 a month, and then you're living in the ghetto.  Seriously, a really not great place to raise a kid but I'm being generous here to prove a point.    What's this?  Walmart is not within walking distance of the ghetto?  Damn, you need a car.  Lets say you have about $100 a month in car payments for a pretty cheap car that just goes from A to B.  Liability only insurance (being generous since if you're making payments you probably need more than liability only) also for another $40 a month.  So we're already at 540.  But since you need to drive to work, we need gas, too.    Let's say you live between 5-10 miles from work.  That means you drive about 20 miles a day, at least.  Your car only gets about 20 miles to the gallon, probably less with city driving, and gas is about $4 a gallon, so $4 per day times 20 days a month (we'll assume you only work $5 a day) and there's another $80.  $620 dollars so far.   Assuming you actually cook at your house instead of eating out.  $75 dollars is average for two people for food for a week, so that's $300 a month (4 weeks.)  $920 so far.  $80 left.  Let's average your utility bill out.  Lets say you don't even have AC, as you can go without it and just be incredibly uncomfortable in a temperate climate.  Just normal electricity and heat in the winter, we'll GENEROUSLY make that a $50 a month bill to average out for the entire year.  $30 left.  In one full year, you've saved up $360!  You're rich!  No, wait...that kid you have probably needs school supplies.  They're growing, too, so they probably need clothes.  For that matter, you also need new clothes.  Even used clothes from Goodwill can be costly over a year.  I really hope your car doesn't break down because that can set you back at LEAST $200 most times.  Also, better hope you don't get sick, because you don't have insurance and a doctors visit or emergency room visit could EASILY break that budget.  No preventative care, either, so your risk of getting sick is substantially hire to begin with than the insured.  I also have not included ANY luxury utility bills, let alone any kind of phone at all or especially internet.    Also, all of this assumes that you work full time, which at WalMart most employees do NOT because Walmart wants to avoid being forced to give benefits to employees.  Do you REALLY want to continue to sit on your high horse and tell me that people can make it raising a family on minimum wage?"}
{"_id": "419052", "title": "", "text": "Democracy doesn't mean you automatically have free and efficient markets.  India has many structural and regulatory roadblocks set up for businesses and for people. India should study what China did to transform their country.    To me, it's crazy that even Indians can't buy land in their own country.  (in J&amp;K, for example.)  Or the heavy FX rules. Things like that."}
{"_id": "419058", "title": "", "text": "The City of London economy is entirely dependent on total, unhindered access to the EU. Any blockages and it's over. No deal, no matter how good is going to replicate the City of London being in the EU. It may be a substantial financial centre for a few years after Brexit but that will very quickly evaporate. Libor would have been something keeping banks there, but with that now gone there is nothing else."}
{"_id": "419060", "title": "", "text": "Paul supports multiple competing currencies, not just gold backed dollars. From his standpoint and predictions about the governments actions his investments are predictable and have quite certainly turned him a very nice profit. The fact that he doesn't have bonds is a no-brainer. He doesn't support facilitating increased US debt and spending even if it's to his own benefit. I think the fact that he doesn't hold bonds is actually pretty honorable. He also was one of the few people to predict the current economic situation we're in and he invested accordingly. The article talks about how he's lost some money in the last few months but that's a terrible way to look at it since he's held most of these positions since 2006 and gold and silver have skyrocketed since then.  Yes this is a less diversified portfolio than most would have, but it just further solidifies my opinion that Paul really believes what he says. He put his money where his mouth is in the face of many doubters screaming that he's a crazy idiot and was not only proven right but made a good bit in the process."}
{"_id": "419096", "title": "", "text": "They take in a *lot* through Corporation Tax, so it'd be relatively unfair to non-business owners and non-shareholders to put it onto VAT and income tax. In the Starbucks case, they'd still want to get the money out of the country so would end up paying no more tax than now.  One alternative along the lines you state, though, would be to crank up capital gains and dividend taxes to match what's taken in by Corporation Tax now. After all, those are the other ways (than income) for owners and shareholders to extract value from corporations and would be tricky to dodge unless you're outside of the EU."}
{"_id": "419138", "title": "", "text": "Leverage is when you borrow in order to invest. Mind you, most people aren't going to just give you money to gamble on the stock market completely unsecured; rather, you deposit (say) $10,000 and buy a stock... and then you have $10k in assets which you can borrow against, so you can buy another $10,000 of that stock. Now if the stock goes up you'll make twice the gain (2x leverage). However, if it goes down, you'll lose twice as much as well. If the value of your stock falls, your line of credit will be reduced as well; in this case, since you used all your credit and are now over your limit, your broker will issue a margin call (they will demand a deposit of additional funds, or they will sell some of your stock at their discretion). This protects you from owing more than you invested, but it's still sometimes possible (for instance, if a company spontaneously goes bankrupt and becomes worthless, and your stock becomes worthless). There are also things like leveraged index funds and commodity funds which aim to return some multiple of the market's earnings. These are designed for intraday trading, though, and usually end up underperforming significantly over the long term. [edit] Mose people who accept borrowed funds should generally accept real cash as well. However, if you're trying to short sell, i.e. borrow shares and sell them (in the hopes you can get them back cheaper later after the stock falls) you will need a margin line of credit to do so as well. [edit 2] clarified margin calls"}
{"_id": "419154", "title": "", "text": "&gt;It's a nice park  No it's not. It's a blight on Niagara. The park is [constantly under investigation for animal cruelty](http://www.cbc.ca/news/canada/hamilton/marineland-charged-with-6-counts-animal-cruelty-1.3927659), but somehow always seems to skate with a slap on the wrist (politicians love tourism dollars!).  Also, it's all owned by a [known psychopath who is known to threaten, stalk, and physically abuse people he doesn't like, or those who protest against his way of doing business](https://www.thestar.com/news/gta/2011/10/03/the_man_behind_marineland_50_years_of_controversy.html).   Please don't encourage people to spend their money here."}
{"_id": "419160", "title": "", "text": "The advantage of an IRA (or 401k) is you get taxed effectively one time on your income, whereas you get taxed effectively multiple times on some of the money in a taxable account. You have to consider it from the perspective of time value of money -- the concept that an amount of money now is the same value as a greater amount of money in the future. And in fact, if you put your money in an investment, the principal at the start can be considered the same value as the principal + earnings at the end. In both Traditional and Roth IRA, you pay taxes on the entire value of money once (remember that the principal when depositing is the same value as the principal + earnings when withdrawing). The only difference is when (year deposited or year withdrawn), so the main difference between the two is the tax rate when depositing vs. tax rate when withdrawing. I'll give you an example to demonstrate. We will assume you invest $1000 of pre-tax wages, it grows at 5% per year, there's a 25% flat tax now and in the future, you withdraw it after 20 years, and withdrawals are not subject to any penalty."}
{"_id": "419171", "title": "", "text": "It's a tech buzzword. OK I'm being a bit glib.  A Wealth Management Platform is a software system designed to help people track their investment portfolios and research new investments.  Sometimes, trusts and small investment firms will use these platforms as well but they will often have more specialized separate systems for portfolio tracking and research. There is a large variety of platforms out there all trying to be the best platform for you... or someone else.  Some will have websites and be open to all with money and some will be applications and only target some types of investors.  Some will have robo-advising (Wealthfront), a human adviser (Merrill) or have none at all.  Some will have nice graphical tools to track your portfolio or great research tools or both (I try not to recommend products on this site).  Some can be designed to nudge you into their ideology (Vanguard). All, though, have a technology team behind them to make investing easier for you (or their investment advisers) or to sell you their products.  You get the picture."}
{"_id": "419172", "title": "", "text": "\"Yes and no.  Yes, because realism dictates that all humans ARE naturally \"\"independent\"\" (and pragmatically whatever works, works, ergo most \"\"rules\"\" are *going to be* broken, ergo the fewer the better);   But at the same time, No... because in many ways social creatures (among whom humans -- especially \"\"civilized\"\" {aka technology using} humans -- are certainly one, if not THE most \"\"socially\"\" interactive and interdependent) -- and all societies have social \"\"rules\"\" (which while they are going to be broken, will be largely obeyed to the benefit of the majority).  But NEITHER the the libertarian/anarchistic dogma (like all other \"\"utopian\"\" ideals, including the socialistic/communistic/egalitarian dogma) are realistic nor pragmatic -- they simply don't work.  Now, that doesn't mean you might not see an occasional post from me in some \"\"Libertarian\"\" thread; but it probably won't be of the type that you are used to seeing (like [this one for example](http://www.reddit.com/r/Libertarian/comments/v1zn7/thought_experiment_libertarian_justification_of/)), because I am capable of comprehending and looking at things from multiple perspectives (including the \"\"Libertarian\"\" mindset, as well as the \"\"socialist\"\" ones, etc).  ---  EDIT: BTW, I noticed a couple of your posts in this little sequence had been downvoted to zero -- not only was that NOT me, I have upvoted you (hopefully taking them back to +1) -- because this is a nice, civil conversation, and I am enjoying the back and forth, regardless of whether we continue to disagree.\""}
{"_id": "419180", "title": "", "text": "A market downturn is a great opportunity to pick up valuable stocks at low prices but do note that this is quite a risky proposition and requires abundant research. But again, as is mentioned in previous answers, the start of the downturn is evident only in hindsight, and it is always advisable to have a balanced/diversified portfolio, risking only what you can afford to lose. In any case, indices like Dow Jones, NASDAQ, S&P500 are calculated on the basis of only a few companies that broadly represent their individual sectors."}
{"_id": "419188", "title": "", "text": "\"I've hired a lawyer to make sure all the T's are crossed.   - I am not charging my employer for the service. I created a \"\"Free tier\"\" that fits the scale of my employer, and implemented it that way for them. Larger government bodies are paying for the higher tiers. On multiple levels, i've been sure that nothing conflicts with either our purchasing policy, or any written employee policies.    - I did 100% of the work on my own time and using my own resources. I was extremely careful to ensure this was the case. There is no clause anywhere in my employment agreement that says the company owns anything I do outside of company time. Believe it or not, this is actually less of an issue for a government body because the government doesn't exist to make a profit from services, and because they are getting an expensive service for free, it's actually a significant net benefit for them.  I certainly would be at a significantly higher risk if I was working for a for-profit corporation as they certainly would try to go after me.    - I was also careful in how the software was presented. While I agree there is a level of a obfuscation without a doubt, I've confirmed it certainly not a legal issue for the company, nor is it grounds for a lawsuit, and likely not even grounds for termination (although at this point, I don't really care as I have bigger fish to fry)\""}
{"_id": "419204", "title": "", "text": "I'm really unsure what you are trying to tell me. I don't see how knowing CEOs would aid me in forming an opinion on this issue.  Your second statement is simply foolish, shares of a company, represent ownership. Therefore shareholders are the owners.  These shareholders elect a board, this board acts like a proxy between the managers (CEO's) and the owners (shareholders).  This is how every public company operates.   The problem that arises is that managers have an incentive to act in their own best interests, not in the interests of shareholders.  So to solve this manager compensation is aligned with company performance so that if the shareholders are better off the managers are better off."}
{"_id": "419227", "title": "", "text": "&gt; Stockpiled as treasuries, which are a debt security, they are liabilities.  When they put their US dollars into treasuries it's no different than moving a balance from checking to savings.   &gt;You're making the case that as the gov't spends it's ability to spend increases as the economy grows? It's not like we're flipping a switch and turning on a light bulb  It's like we're carrying out public purpose and also provisioning the money to accommodate growth."}
{"_id": "419245", "title": "", "text": "Best Linux software is PostBooks. It is full double entry, but there is definitely a learning curve.  For platform-agnostic, my favorite is Xero, which is web-based. It is full double entry balance sheet, the bank reconciliation is a pleasure to use, and they are coming out with a US version this summer. Easy to use and does everything I need."}
{"_id": "419260", "title": "", "text": "Its also a lot easier to run an electric cable to a car than a pipe containing flammable liquid. Plus, since electricity is a utility (gas is a commodity), there is tons of room for municipal investment that will generate cash for cities down the line.   Make free parking spots for electric cars only and have people pay for the amount of power they charge onto their battery. Tack it onto their home electricity bill rather than onto a separate thing."}
{"_id": "419268", "title": "", "text": "All4silver este un magazine online de v\u00e2rf care se ocup\u0103 cu distribu\u021bia en gros de bijuterii de argint. Obiectivul nostru principal este de a oferi produse de calitate superioar\u0103 &amp;servicii de v\u00e2rf pentru produsele noastre. Comanda minim\u0103 de 440 de lei, pentru a v\u0103 califica \u00een vederea ob\u021binerii de reduceri \u0219i transport gratuit!"}
{"_id": "419272", "title": "", "text": "This depends on whether you are interested in having two partners in the same company. Either way, each software should get its own business for liability etc. However, the parent company can be with three partners. Just makes sure you get voting control in the agreements."}
{"_id": "419281", "title": "", "text": "That's true, it definitely depends on the ambient temperature.  The dew point is the temp at which water condenses (or evaporates, depending on which way your going on the scale) and is dependent on the relative humidity.  When relative humidity goes up, the dew point goes up.  As long as your external body temp (skin temp) is higher than the dew point, the sweat will evaporate.  Bjartr mentioned the heat index being 102\u00b0F.  This would mean you'd have to get your skin temp higher than 102\u00b0F which would mean your core temp is even higher (dangerously high).  This is one of the major advantages of moisture-wicking clothing.  It removes the sweat from your skin when evaporation isn't good enough and helps cool you faster."}
{"_id": "419298", "title": "", "text": "\"Is playing the lottery a wise investment? --Probably not.  Is playing the lottery an investment at all? --Probably not though I'll make a remark on that further below.  Does it make any sense to play the lottery in order to improve your total asset allocation? --If you follow the theory of the Black Swan, it actually might.  Let me elaborate. The Black Swan theory says that events that we consider extremely improbable can have an extreme impact. So extreme, in fact, that its value would massively outweigh the combined value of all impacts of all probable events together. In statistical terms, we are speaking about events on the outer limits of the common probablity distribution, so called outliers that have a high impact.  Example: If you invest $2000 on the stock market today, stay invested for 20 years, and reinvest all earnings, it is probable within a 66% confidence interval that you will have an 8 % expected return (ER) per year on average, giving you a total of roughly $9300. That's very much simplified, of course, the actual number can be very different depending on the deviations from the ER and when they happen. Now let's take the same $2000 and buy weekly lottery tickets for 20 years. For the sake of simplicity I will forgo an NPV calculation and assume one ticket costs roughly $2. If you should win, which would be an entirely improbable event, your winnings would by far outweigh your ER from investing the same amount.  When making models that should be mathematically solvable, these outliers are usually not taken into consideration. Standard portfolio management (PM) theory is only working within so called confidence intervals up to 99% - everything else just wouldn't be practical. In other words, if there is not at least a 1% probability a certain outcome will happen, we'll ignore it. In practice, most analysts take even smaller confidence intervals, so they ignore even more.  That's the reason, though, why no object that would fall within the realms of this outer limit is an investment in terms of the PM theory. Or at least not a recommendable one. Having said all that, it still might improve your position if you add a lottery ticket to the mix. The Black Swan theory specifically does not only apply to the risk side of things, but also on the chance side. So, while standard PM theory would not consider the lottery ticket an investment, thus not accept it into the asset allocation, the Black Swan theory would appreciate the fact that there is minimal chance of huge success.  Still, in terms of valuation, it follows the PM theory. The lottery ticket, while it could be part of some \"\"investment balance sheet\"\", would have to be written off to 0 immediately and no expected value would be attached to it. Consequently, such an investment or gamble only makes sense if your other, safe investments give you so much income that you can easily afford it really without having to give up anything else in your life. In other words, you have to consider it money thrown out of the window.  So, while from a psychological perspective it makes sense that especially poorer people will buy a lottery ticket, as Eric very well explained, it is actually the wealthier who should consider doing so. If anyone. :)\""}
{"_id": "419319", "title": "", "text": "My understanding (I am not a lawyer or tax expert) is that you are not allowed to work for free, but you can pay yourself minimum wage for the hours worked. There are probably National Insurance implications as well but I don't know. The main thing is, though, that if HMRC think that you've set up this system as a tax avoidance scheme then they're allowed to tax you as though all the income had been yours in the first place. If you are considering such a setup I would strongly advise you to hire a qualified small business accountant who will be familiar with the rules and will be able to advise you on what is and is not possible / sensible. Falling outside the rules (even inadvertently) leaves you liable to a lot of hassle and potentially fines etc."}
{"_id": "419327", "title": "", "text": "&gt;I know people who have worked at one warehouse for over 10 years and never considered leaving because the company makes them feel wanted.  Does Amazon hand out free Kool-Aid in the warehouse too? I've heard they treat their hourly people just as badly as Walmart does."}
{"_id": "419356", "title": "", "text": "\"The other answers have touched on amortization, early payment, computation of interest, etc, which are all very important, but I think there's another way to understand the importance of knowing the P/I breakdown. The question mentions the loan payment as \"\"cash outflow\"\". That is true, but from an accounting perspective (disclaimer: I am not an accountant, but I know enough of the basics to be dangerous), the outflow needs to be directed to different accounts. The loan principal appears as a liability on your personal balance sheet, which you could use, for example, in determining net worth. The principal amount in your payment should be applied to reduce the liability account. The interest payment goes into the expense account.  Another way to look at it is that the principal, while it does reduce your cash account, can be thought of as an internal transfer to the liability account, thus reducing the size of the liability. The interest payment cannot. Aside: From this perspective, the value of the home is an asset, and the difference between the asset account and the loan liability account is the equity in the house (as pointed out in different language by the accepted answer). Of course, precisely determining the value of an illiquid asset like a house at any given moment pretty much requires you to actually sell it, so those accounts are hard to maintain in real-time (the liability of the loan is much easier to track).\""}
{"_id": "419358", "title": "", "text": "Missing: Respect. Respect my abilities and respect my time.  I can't tell you how many projects I've been given as a priority, I move them to the top of the list and get them done ahead of schedule only to see the finished work sit around unused."}
{"_id": "419365", "title": "", "text": "\"It's not about emotions at first. Humans are easily corrupted, our systems and games easily rigged and cheated. Ideologies perverted and prophets obscenely used by \"\"interests\"\". Corporations regulatory capture is an emergent phenomenon, just as bribe taking of Congress. (I assume you're familiar with [the material](http://blip.tv/lessig/republic-lost-my-favorite-version-5697728), but maybe not everyone.)  So, it's about your neighbor who allows the kids to get dumb on TV whole day, you when you allow others to spout retrograde bullshit, me when I cop out and do the same with my family, and so everyone else has the shared burden, some are completely unaware of course on their subtle yet important influence on our cultural trajectory. (And now you can just hate everybody for the right reasons!)\""}
{"_id": "419368", "title": "", "text": "Sabotage? Nobody works for a company if they don't think it's worth it. You're saying it's my job and your job to make sure Susie over there is taken care of. This is a real world, it just doesn't work like that."}
{"_id": "419371", "title": "", "text": "&gt; Bernie Fucking Sanders. Elizabeth Warren? Ron Paul? Dennis Kucinich? .... you're obviously a corporate apologist.  You assume a lot about me. I was involved in the Bernie Sanders and Ron Paul campaign in Austin and Dallas. Neither candidate made Texas ballot. You probably already know I didn't vote in those elections.  Fun fact, Ron Paul was two days past deadline for petition to ballot access, Texas rejected and took him off the ballot.  Obama was 20+ days past the deadline -- yet he was on the ballot anyway."}
{"_id": "419379", "title": "", "text": "Get the attractive and very beautiful flowers gift by the great florist deliver in Australia, we have good capabilities to design the stylish flower gift in professional form. There are a lot of flower deliver available here, but we are unique gift supplier and make the happiness events. Therefore so many our clients can expect more from Rustic Posy.   We have the largest collection of everything gift, whenever you want to buy unique gifts so you can come here or you can order online and select the most todays flowers. It has been  become very popular place in the Australia. As you know, there is a basic need of flowers in a function and party for decoration. We fulfil the requirements and send them fresh flowers."}
{"_id": "419383", "title": "", "text": "I love mint.com, it fulls in your information from all your accounts automatically, let's you know where you spend your money and what your net worth is."}
{"_id": "419393", "title": "", "text": "\"That would require a lot of foresight and negotiations in order to have the government comandeer no less than five (Delta, United, Jet Blue, American, Spirit, etc) major corporations and get them to agree to reimbursement.   I don't disagree that flying people out at no cost to the traveler is a great idea but the logistics are far more complicated than \"\"let the government handle it\"\"\""}
{"_id": "419397", "title": "", "text": "\"TBF - Proshares short 20+ Year Treasury  The TBF fund is designed to track (hopefully) 100 percent of the inverse daily returns of the Barclays Capital 20+ Year U.S. Treasury Index.  there's some risk of tracking error, and also a compounding effect if it's down several days in a row.  (invest with care)   There's also a TBT fund, but the risks are even greater since it is leveraged,  potentially you could make the right long term call, but lose a lot in the short term due to tracking error and effect of compounding) (that would tend to make this one more appropriate for short term 'bets' on interest rates, and less so for a long term investor) There are also quite a few floating rate closed-end funds (Click here, then click on \"\"loan participation funds\"\") that should do well in a rising rate environment. Just beware that these funds seem to incorporate a substantial amount of credit risk as well as floating interest rate exposure. Closed end funds trade a lot like securities, since the fund is closed, you have to buy shares from another owner that is selling (just like with stocks), that means the shares can sometimes trade above or below the underlying value of the actual assets held by the fund depending on buying/selling pressure and the relative liquidity of a given fund.\""}
{"_id": "419400", "title": "", "text": "When I was a kid, the sets were built, then taken apart, thrown in a big box, and rebuilt 100s of times into 100s of different things. Now they get built once, and sit on a shelf as decorations. IMO lego lost its way when it moved away from a 'bucket of discovery' , toward branded show pieces. Thankfully I still have my 40 year old bucket of lego our kids can still innovate and explore with...that bucket sees far more use than any set we've bought in recent years."}
{"_id": "419405", "title": "", "text": "&gt;[**\u041d\u043e\u0432\u0430\u044f \u0438\u0433\u0440\u0430, \u043f\u0440\u043e\u0432\u0435\u0440\u043a\u0430 \u0432\u044b\u043f\u043b\u0430\u0442! \u041b\u0443\u0447\u0448\u0430\u044f \u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0430\u044f \u0438\u0433\u0440\u0430 \u0441 \u0432\u044b\u0432\u043e\u0434\u043e\u043c \u0434\u0435\u043d\u0435\u0433! \u0417\u0430\u0440\u0430\u0431\u0430\u0442\u044b\u0432\u0430\u0439 \u0438\u0433\u0440\u0430\u044e\u0447\u0438 ! [2:08]**](http://youtu.be/m5ZDQhYhgJ8)  &gt;&gt;\u041f\u0440\u0438\u0432\u0435\u0442 \u0434\u0440\u0443\u0437\u044c\u044f!\u0412 \u044d\u0442\u043e\u043c \u0412\u0438\u0434\u0435\u043e, \u0431\u0443\u0434\u0435\u0442 \u043d\u043e\u0432\u0430\u044f \u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0430\u044f \u0438\u0433\u0440\u0430, \u043e\u0442 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u043e\u0433\u043e \u0430\u0434\u043c\u0438\u043d\u0430! \u0427\u0430\u0441\u0442\u044c \u0432\u0442\u043e\u0440\u0430\u044f! \u0412\u044b\u043f\u043b\u0430\u0442\u044b!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^2 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "419430", "title": "", "text": "Pssh, I'm already boycotting Burger King because their food tastes like shit. Tim Hortons coffee and pastries on the other hand... I wish there were more Tim's here in the States. It is essentially Dunkin' Donuts but I really like their pastries."}
{"_id": "419436", "title": "", "text": "Short term: ask for a raise or look for a new job that pays more. Longer term:"}
{"_id": "419458", "title": "", "text": "Hey man ive beem to siem reap and angkor wat, womderful place to visit! The best thing you can do is give a price for the very first thing. Like 5 dollars anywhere in siem reap 20 bucks to go to angkor wat. Put prices on the side of your tuk tuk so you dont have to negotiate. Thats the biggest reason i didnt want rides because i didnt want to negotiate. Good luck dude"}
{"_id": "419466", "title": "", "text": "The point is, they shouldn't be taxing it at all. The US's fair share of that revenue is 0%. It's wasn't produced via their infrastructure or anything. It's pure double dipping. It's not up to the US to determine it's fair share of someone else's pie. It's pure American arrogance: interfering in business in other countries."}
{"_id": "419475", "title": "", "text": "First thing, ask your real estate agent who should have been involved in writing the contract, and can explain your options regarding the contingency. That being said... The inspection report is the decision point. For every issue/problem mentioned you have decide: Ignore; have the seller fix; have the seller give you money to fix; have the seller drop the price; or walk away. Minor things you can have the seller fix. They need to be done, but they can be done by the seller.  Expensive things that are difficult to estimate the price in advance should also be done by the seller. The difficultly estimating the cost to repair will make it risky for you to negotiate a price break.  Getting a credit of $1,000 when it ends up costing you $20,000 is something you want to avoid. For items that you want to do the fix yourself you want money at closing to do them, or ask for a price break. Items in this category include replacing an appliance. You can take the money and get exactly the one you want, or let the seller of the house buy one that has the least options and won't match the color. Buyers also take this option when they were going to renovate soon anyway. Walking away. This happens when there is a large expensive issue that is hard to fix. Or a very large list of mid-size problems. Issues in this category can include foundation cracks, major electrical problems, extensive leaks, mold. It can also include beautifully constructed additions that aren't up to code and were done without permits and inspections.   Which category is your Radon in? You need to ask your agent, and read the inspection report. The agent can explain your options, and how likely the seller will be to agree. They can also tell you how likely you are to not lose the deposit if you do walk away."}
{"_id": "419479", "title": "", "text": "This is in the balance sheet, but the info is not usually that detailed. It is safe to assume that at least some portion of the cash/cash equivalents will be in liquid bonds. You may find more specific details in the company SEC filings (annual reports etc)."}
{"_id": "419488", "title": "", "text": "Corporations are taxed on their profits.  Multinational corporations can report their profits in any country they have operations, regardless of where they made the sale.  In other words, it's impossible to nail down exactly where a company 'made it's money'.  So the US doesn't try, we just tax them on earnings everywhere, minus taxes paid elsewhere.  edit for clarity"}
{"_id": "419496", "title": "", "text": "Five semesters starting with cal I would give you an extra step past diff eq.  I recommend doubling up.  You will most likely need up through diff eq, linear alg, and real analysis.  That's for the bare-bones minimum math level.  If you can squeeze in an advanced prob/stat course you'll probably be in good shape for all but the most intense PhD programs."}
{"_id": "419499", "title": "", "text": "Going from personal experience, my parents let my brother and me borrow money from them all the time. However there was always some noteworthy things to take into account. As an example, I borrowed a large sum of money on my student loan (we will just say it was $50,000). I had saved nearly $30,000 on my own and my parents lent me $10,000. I paid the remaining off over the course of about a year and a half. After this loan was paid off - I started paying my parents back. They dictated that I should not worry about paying them until my other interest loans were paid off. Once they were, my priority was to pay back my parents. Its supposed to help your children get ahead a little bit rather then sucking out interest from them. As long as the money was not needed elsewhere and is spent on something important I would not worry about it. Just make sure they are aware they are expected to pay it back in a reasonable amount of time or with specific requirements (such as after other loans are paid off)."}
{"_id": "419505", "title": "", "text": "Stock issuing and dilution is legal because there must be some mechanism for small companies to grow into big companies. A company sees a great investment opportunity.  It would be a perfect extension of their activities ... but they cannot afford it. To get the necessary money they can either take out a loan or issue shares. Taking a loan basically means that this is temporary, but the company will go back to being small when the loan is paid back. Issuing new shares basically means that the Board means that this growth is permanent and the company will be big for the foreseeable future. It is utterly necessary that companies have this option for raising cash, and therefore it is legal. As detailed in the other answers, you end up with a smaller percentage of a larger company, usually ending up with more or less the same value."}
{"_id": "419526", "title": "", "text": "Not likely, but there has been minor pressure to get white collars to unionize. So their second headquarters should probably be outside of a state like Michigan that has some extra rules which exist presumably because they are favorable to labor."}
{"_id": "419534", "title": "", "text": "\"Why?  I did comp sci and have an MBA. I also do EMT work as a volunteer in a rural community.  Do my toes are in both pools.  I would really question deeply the motives from moving to business from medicine.  Despite the articles you see, an MBA is hardly the road to riches. Most do okay. Top tier grads are making very good money. These are also a small % of people out there working.  Even those making good money sacrifice that for really shitty hours and shit work for a while until they break into the higher earning spots.  The \"\"models and bottles\"\" is exaggerated to beg in with, and less and less common every year.  When someone asks me about getting an MBA or finance I ask why. What us their real reason. If its money, don't do it. Do it because you actual ly love the business of business. I have traded stocks since I was 12. Its always been interesting. If I forced myself to do it for the money, I'd be poor and miserable.  I am not rich. But I am comfortable and I live the life and schedule I want. None of that is from that slip of paper. The knowledge I could have (and did) get on my own.   I trade the markets, do real estate, and have 1-3 entrepreneural projects at any given time. Its the life I created for myself. I found it was really the only  way for me to get what I wanted. My goals never fit we all with institution goals.  TL;DR-  what's your motivation? Its probably a shitty move.\""}
{"_id": "419550", "title": "", "text": "\"I doubt it would ever make it to court. \"\"They printed a curse word on clothes, we did it first, we don't own a trademark on 'fuck you' but they can't do that!\"\"  Their cease and desist had the desired effect, they took a site down with $0 court fees on their part. They win.  My point is to not necessarily be scared by cease and desists, especially in situations like these. Anyone can send them. There are no laws broken or intellectual property infringements here.\""}
{"_id": "419557", "title": "", "text": "This is why Singapore's economy makes the most sense, the government has a huge sovereign wealth fund where the government actually owns a sizeable portion of the economy/businesses, i believe this is called 'socialism', but done through their stock exchange (and foreign exchanges too), and the returns go back towards people's social security accounts and also funds government programs.  Norway also does something similar."}
{"_id": "419558", "title": "", "text": "When you adjust your investments the following will happen: Initial condition: Modified condition: This means that after this change you will note that the amount of federal tax you pay each month via withholding will go up. You are now contributing less pre-tax, so your taxable income has increased. If you make no other changes, then in April you will either have increased your refund by 6 months x the additional $25 a month, or decreased the amount you owe by the same amount. There is no change in the total 401K balance at the end of the year, other than accounting for how much is held pre-tax vs. Roth post-tax. Keep in mind that employer contributions must be pre-tax. The company could never guess what your tax situation is. They withhold money for taxes based on the form you fill out, but they have no idea of your family's tax situation. If you fail to have enough withheld, you pay the penalty \u2014 not the company. *The tax savings are complex because it depends on marital status, your other pre-tax amounts for medical, and how much income your spouse makes, plus your other income and deductions."}
{"_id": "419570", "title": "", "text": "I would guess that's their response.    I could see a use for multiple accounts on a single number.  For example, I might want two different payment methods depending on if it's business related or personal.  Without someone doing data analysis, they probably never noticed it was happening.  And nobody on the design team thought of systematic fraud as a use case."}
{"_id": "419578", "title": "", "text": "Thanks. I'm going to have them take 40% on Monday when I go to the lottery office.  I have a car payment that's been killing me, so that's the first move.  Student loans have a fairly low APR, Sotho king about keeping those to build credit."}
{"_id": "419589", "title": "", "text": "Jesus you're impossibly dense. &gt;I know that the Port Authority employees don't work for the city, so that's a straw man.  Then why did you write the quote below? What is the point of bringing up city workers that are not involved in the article unless you believe that the cops in the article are city workers? The only other reason would be to mislead the reader. &gt;Presidential and statewide elections have no bearing on employment contracts for city workers.  .  &gt;The reason you've been disingenuous is because you implied that the fact that New York City is overwhelmingly Democratic has any bearing over the control of the New York State Legislature, or the Governorship, when this is clearly not the case.  Are you serious? NYC has 8mm of the 19mm NY state residents. This equates to almost half of the votes in statewide races, not to mention the majority of the political funding. This has a large bearing on who gets elected to statewide office.  &gt;Even so, the current state of the Port Authority was shaped by more than the past 5 years, and to imply otherwise is also disingenuous.  To imply that the executive director for the last 5 years should shoulder some of the blame is disingenuous? Who is to blame then? The last executive director, Anthony Shorris was also appointed by a democrat. You're going to have to do a lot of lying and reaching to falsely blame this on a republican. You've clearly made up your mind without knowing any of the facts, and are too stubborn to learn from reality. Pretty sad. You also seem to have a very high standard for other people's posts while you outright lie in yours."}
{"_id": "419607", "title": "", "text": "\"True, I'm studying for my second one now. I know that the exams are terrible, but that's kind of a draw-in for me. I don't go to Harvard or anything so I feel this could be my thing- an even better thing. As Tom Hanks said, \"\"The hard... is what makes it great.\"\"  Why waste my one opportunity?\""}
{"_id": "419624", "title": "", "text": "\"How were these customers \"\"cheating\"\"?  It doesn't sound like they were hiding *anything* from Target. It sounds like they made these purchases through the regular channels and Target employees said that what they were doing was OK, so they kept doing it.   That's not cheating, that's taking advantage of a generous offer.\""}
{"_id": "419629", "title": "", "text": "That's interesting, because it would seem [that China is actively spending huge sums of money on its own military right now](https://www.thecipherbrief.com/article/asia/chinas-military-goal-peer-capability-us-mid-century-1091). Combined with their more aggressive military posturing in the region leads me to believe that there is more to this than meets the eye."}
{"_id": "419638", "title": "", "text": "This place in Dallas makes an absolute *killing* - http://www.bowlandbarrel.com/  You have to call ahead to schedule a lane and it's not cheap, it's pretty easy to spend a few hundred bucks on an evening of bowling and drinking with your friends."}
{"_id": "419649", "title": "", "text": "\"I think it could put a serious dent in Ticketmaster's profits.    At the very least, it introduces a huge competitor into a space where there pretty much isn't one, and that'll drive competition.    In the short term though, I can see Ticketmaster just increasing fees to cover the \"\"loss\"\".\""}
{"_id": "419697", "title": "", "text": "\"You are overlooking the fact that it is not only supply & demand from investors that determines the share price:  The company itself can buy and sell its own shares. If company X is profitable over the long haul but pays 0 dividends then either Option (2) is pretty ridiculous, so (1) will hold except in an extreme \"\"man bites dog\"\" kind of fluke. This is connected with the well-known \"\"dividend paradox\"\", which I discussed already in another answer.\""}
{"_id": "419701", "title": "", "text": "Because /u/Wanderer360 is the one who turned this into a political issue, as if the monopolies mentioned in the article had suddenly sprung up on November 8th 2016. Its not a political issue, it\u2019s a government issue, and both sides are to blame since they allowed legislation that makes it easier for monopolies to keep competitors out of a market place. If you drain the swamp, then their will be more competition."}
{"_id": "419702", "title": "", "text": "Printed home decor is a designing element everyone chose to own these days as they give a more special feel and look to your beautiful house. They enhance the beauty of the place whatever it may be. Beach duvet are now famed well for their elegance. They make your bed a special thing to fall for. Have a look on beautiful beach duvet from our collection!"}
{"_id": "419717", "title": "", "text": "As someone actively working towards launching a business (as in, a business, not a tech startup hoping to get bought out, not a blog, etc), I\u2019d be interested to get your take on it.  I find that most of this \u2018self help\u2019 business writing usually just pitches to people\u2019s confirmation bias, and people actually running businesses are too busy with their business to write books and blogs about it."}
{"_id": "419730", "title": "", "text": "If you participate, you will either get some money or some other renumeration. If you do not participate, you will not get anything. The only risk of participating is that if you have suffered actual damages, the settlement may under-compensate you. By significant, I mean thousands of dollars, since bringing suit yourself would be very expensive. Unless you can demonstrate that you have suffered from significant damages as a result of MBNA's bad behavior, joining the class to get whatever you are going to get is almost certainly a no-brainer decision."}
{"_id": "419735", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://ssir.org/up_for_debate/article/impact_investing) reduced by 97%. (I'm a bot) ***** &gt; The rapid growth of the field of impact investing has been accompanied by questions about how to assess impact, and concerns about potentially unrealistic expectations of simultaneously achieving social impact and market-rate returns.  &gt; We introduce three basic parameters of impact: enterprise impact, investment impact, and nonmonetary impact.  &gt; An enterprise can have impact in several ways, two of which are fundamental: product impact is the impact of the goods and services produced by the enterprise; operational impact is the impact of the enterprise&amp;#039;s management practices on its employees&amp;#039; health and economic security, its effect on jobs or other aspects of the well-being of the community in which it operates, or the environmental effects of its supply chain and operations.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fc8zu/social_financial_gains_positive_externalities_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136645 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **impact**^#1 **investment**^#2 **investor**^#3 **social**^#4 **enterprise**^#5\""}
{"_id": "419743", "title": "", "text": "But pennsylvania didnt pay anything. Not collecting taxes is not the same thing as paying somebody. The municipalities are investing in their future by offering lucrative deals to attract business in order to collect taxes later and benefit their citizens by providing jobs. If it doesnt work out, you dont actually lose anything because the factory didnt exist in the first place."}
{"_id": "419746", "title": "", "text": "A very logical step for Starbucks and a smart business decision. This is especially true for the crowd that comes to hang out at their stores for the free wifi and can be there for over an hour. Having good food options will keep them there instead of making them leave to spend their money elsewhere."}
{"_id": "419747", "title": "", "text": "This is not hypothetical, this is an accurate story. I am a long-term investor. I have a bunch of money that I'd like to invest and I plan on spreading it out over five or six mutual funds and ETFs, roughly according to the Canadian Couch Potato model portfolio (that is, passive mutual funds and ETFs rather than specific stocks). I am concerned that if I invest the full amount and the stock market crashes 30% next month, I will have paid more than I had to. As I am investing for the long term, I expect to more than regain my investment, but I still wouldn't be thrilled with paying 30% more than I had to. Instead, I am investing my money in three stages. I invested the first third earlier this month. I'll invest the next third in a few months, and the final third a few months after that. If the stock market climbs, as I expect is more likely the case, I will have lost out on some potential upside. However, if the stock market crashes next month, I will end up paying a lower average cost as two of my three purchases will occur after the crash. On average, as a long-term investor, I expect the stock market to go up. In the short term, I expect much more fluctuation. Statistically speaking, I'd do better to invest all the money at once as most of the time, the trend is upward. However, I am willing to trade some potential upside for a somewhat reduced risk of downside over the course of the next few months. If we were talking a price difference of 1% as mentioned in the question, I wouldn't care. I expect to see average annual returns far above this. But stock market crashes can cause the loss of 20 to 30% or more, and those are numbers I care about. I'd much rather buy in at 30% less than the current price, after all."}
{"_id": "419754", "title": "", "text": "\"I can't give you proper legal advice, but if I called their customer service and used half an hour of my time to wait and explain the situation in detail, and their official response was \"\"just use the points,\"\" I would do just that. Of course you would have stronger legal standing if you had recorded their answer, or had it in writing from them. But I don't think spending these points will come crashing down on you. And morally I see absolutely no problem with spending these points; it is not as if you are stealing from someone else. These points can usually be given away in any kind of crazy manner. Sometimes there are lotteries or events where they give away 100,000 points for new customers who open up an account on a specific weekend. Sometimes they give points to customers who want to terminate their contracts as an attempt to coax them into staying. They have given you a lot of points and don't really care. As a result you are probably staying their customer forever \u2013 and will most likely tell this story to many friends. This is free advertising for them. Heck, maybe they would even make a news story out of this some day, it could be good publicity. Everyone is essentially getting these points \"\"for free\"\" but in fact the company has a business case by improving their image and customer retention with these points. So you can spend these points with a sound mind morally. Legally you would have to contact a lawyer, but I think chances for legal repercussions are small if you have done your duty, informed them and their customer service basically said it's ok.\""}
{"_id": "419756", "title": "", "text": "lol, not at all! A hunter-gatherer could die of a simple toothache or infected cut on their hand. Also, no movies!  I was simply hoping to point out that they didn't spend as much time securing the little they needed to survive as some seem to assume."}
{"_id": "419768", "title": "", "text": "If you get 1099-G for state tax refund, you need to declare it as income only if you took deduction on state taxes in the prior year. I.e.: if you took standard deductions - you don't need to declare the refund as income. If you did itemize, you have to declare the refund as income, and deduct the taxes paid last year on your schedule A. If this year you're not itemizing - you lost the tax benefit. If it was not clear from my answer - the taxes paid and the refund received are unrelated. The fact that you paid tax and received refund in the same year doesn't make them in any way related, even if both refer to the same taxable year."}
{"_id": "419772", "title": "", "text": "Generally speaking, an emergency fund's primary purpose for being is to be available in an emergency. Income generation is a distant second. As long as you have immediate access to it via checks or an atm card, you're doing ok. If you live in a high-tax state or a place like New York City with federal, state and local income tax, I'd probably err on the side of the municipal fund for your state."}
{"_id": "419786", "title": "", "text": "You know, I have egg on my face. I'd seen all of these reviews, and I am instinctively suspicious of a reviewer with no friends or a person with 4 friends and one review, so I discounted them. I looked at Monica's review and saw the number of reviews and friends and shrugged.  Then I read all of the reviews, and you are 100% spot-on. She's hired a ghostwriter. Monica's review is her only lengthy review - the others are fairly terse, though human - and is written in exactly the same style.  I'm flabbergasted, because the wordiness should have been a dead giveaway. There are a handful of reviews, however, which were clearly written by someone (you can spot dumb), but those reviewers all share the traits of robot accounts.  I would really love to write a review for this place and see whether or not it gets filtered. That having been said, you might have explained away the Monica point, and I'm impressed. Thanks for pointing it out!"}
{"_id": "419793", "title": "", "text": "Leins basically work by having someone take you to court. If you show up and fight it, nothing happens. But if you never show up (which a lot of people don't due to thinking 'this is pointless'), then the other party wins by default.  I was just trying to point out that they have other options than just fighting it out with VISA and losing."}
{"_id": "419795", "title": "", "text": "The fact has been demystified that learning music facilitates learners enhance their skills and excel in other phases of their life. \u201cA music-rich experience for children of singing, listening and moving really bring very good benefits to children as they progress into more formal learning\u201d. Music learning supports all learning."}
{"_id": "419796", "title": "", "text": "You seem overly fixated on dead tree documentation of purchases.  They are deducting this from your account monthly - the mere fact that the money was taken is enough to prove in court that they have you on their books and to hold them to paying out said insurance.  The email copies is actually a better way to organize receipts in most cases (can't be destroyed as easily, etc.) You can cancel the insurance - but don't just stop paying (you'd owe them money then).  I foresee increasing difficulty navigating the 21st century for you unless you can get past this concern about physical receipts.  I doubt other companies would do much better. FWIW, I live in the continental US.  I don't know how different the Philippines is with regard to moving everything to digital"}
{"_id": "419808", "title": "", "text": "I think this is a /r/personalfinance question.  What school are you going to where it would cost $20k a year in excess of your current income just to add 2 years to your associates? Why not go to a state school and try as best you can to get the associates credits transferred into the bachelors program?  An accounting degree will make you an accountant, not necessarily a financial analyst or an economist. You won't be doing sales but you won't be making a whole lot more than you do now, I'm guessing."}
{"_id": "419809", "title": "", "text": "\"Ya, when my buddy who is by no means a financial wizard, and paid to have his TV installed (not even wall mounted...), told me he was looking to invest in a condo, cause apparently it was \"\"easy\"\".  I think the quote from the friend who told him got broken down to, \"\"The market only goes up, so as long as your rent handles the interest on your mortgage you just make up the difference and gain when your value doubles!\"\"  That is one reason I am worried for the eventual decline if all of those types of people rush for the door at the same time.  I really hope it is a case of broken telephone.\""}
{"_id": "419823", "title": "", "text": "Yeah, in this story they talk about cutting it a further 15% or something, and several years ago they cut the salt drastically by a large percentage and they were reporting on the fact that no one noticed which I find hard to believe."}
{"_id": "419832", "title": "", "text": "In theory, GS has a Chinese Wall between the department which issued the advice and any departments which may profit from such advice. This would take away some of your distrust, except for the fact that GS did violate these rules in the past (see the answer from user10665). You're wondering about the timing, prior to the release of figures by Tesla itself. This is quite normal. Predicting the past is not that useful ;) The price range indeed is wide, but that too is a meaningful opinion. It says that GS thinks Tesla's share price strongly depends on factors which are hard to predict. In comparison, Coca Cola's targets will be in a much smaller range because its costs and sales are very stable."}
{"_id": "419851", "title": "", "text": "\"Neat points but with regards to your first point there is no car financing to \"\"pay off\"\" unless you take on debt. And few Americans have or can easily accumulate the cash in hand to buy a $15K-30K vehicle. Sure, you can definitely live without debt, but buying a home, a car or making other sizable purchases is not possible under such circumstances unless you make a greater than average salary and are remarkably frugal, including an affordable, tenable living situation.\""}
{"_id": "419855", "title": "", "text": "Yeah, infinite - or 8 years (whichever comes first).  So, not infinite at all.  By any stretch of the imagination.  What a dishonest policy.  Tesla should be ashamed.  The word 'infinite' is in there - ONLY - to mislead people.  That's shameful.  Of course, everyone here has a raging hard-on for Tesla - so I expect that ***I'll*** be the one to get your downvotes (not Tesla) for this disgusting act."}
{"_id": "419856", "title": "", "text": "Assuming you are in the US, and are an average joe, the answer to your question is no. Investment costs do not reduce your taxable income for the year you make the investment. They do factor in to the cost basis of your investment and so will affect your taxes in the year you sell the investment. If you want to reduce your taxable income, you could contribute the $5000 to a traditional ira, or 401k, assuming you qualify. Depending on where the account is held, you may then be able to use that $5k to purchase stock in the company you are interested in. The stock would be held in your IRA or 401k account, and would be subject to more restrictions than a normal brokerage account."}
{"_id": "419864", "title": "", "text": "Yahoo Finance doesn't offer this functionality; I remember looking for this exact feature a couple of years ago for coffee futures. Your best option is to look at the futures chain. However, Yahoo Finance's future chains aren't always complete, since you'll notice that the futures chain for NYMEX crude oil omit the June contract. The contract still exists, but Yahoo doesn't list it in its own futures chain or in the future chain for May."}
{"_id": "419889", "title": "", "text": "YEARS ago, the then owner of my current company was out in the field with some of our salesmen.  When our machine broke while they were on site, him and the salesmen fix'ed the machine right then and there.  In their suits.  He bought the salesmen new suits, and that customer is still our customer to this day.  Customer service cannot be overstated in industry.  Engineers have long memories for both those who left them high and dry, and those that bailed them out in a pinch."}
{"_id": "419893", "title": "", "text": "Yes and no. Work tends to be interwoven with your life more. So you never really have time off. But they tend to have autonomy, so they can hit the gym in the middle of working day for example. But if there is an emergency on the weekend you have to deal with it."}
{"_id": "419897", "title": "", "text": "If you mean the percentages of long/short positions within a mutual fund or ETF, then it's a percentage of the total value of the fund portfolio. In that case, positions of 50% in X, -50% in Y are not the same as 100% in X, -100% in Y. If the long and short positions are both for the same asset, then, as D Stanley mentions, all that matters is the net position. If you're equally long and short X, then the net position is always 0%."}
{"_id": "419906", "title": "", "text": "\"Sorry, but that IAMA reads like total bullshit to me.  All his answers are totally generic / tailored to the redditry - \"\"the best thing about being rich is being able to help my family\"\" and \"\"i'm a 25 year old multimillionaire and if the salesmen at the car dealership don't take me seriously I drop a quarter mill on a Ferrari, just to spite them\"\".\""}
{"_id": "419915", "title": "", "text": "eDesk HUB provides vetted &amp; verified references &amp; reviews on high quality Web &amp; Mobile Application Development &amp; Design companies with diverse experience.  At eDesk HUB we use online and offline initiatives to acquire qualitative and quantitative data to determine companies\u2019 abilities &amp; focus areas."}
{"_id": "419916", "title": "", "text": "\"Fees & liabilities Yes, the first problem is that liabilities are being improperly booked. If the fee you charge is fixed upon deposit then the fee should credit \"\"Revenue\"\", the fee charged to you should be booked by crediting cash and then debiting \"\"Expenses\"\", and the remaining should be booked as a liability. If the fee is fixed upon withdrawal then this will become more complex because of the fact that a change in the fee can occur before it can be applied.  In this case, the current fee should be credited as \"\"Revenue\"\" and some \"\"Allowance for fee increase\"\" should also be credited.  The amount owed to the withdrawer should be booked as a liability as before. Multiple currency bookings I will assume that this is for a cryptocurrency service of some sort considering the comments in your question and your presence on bitcoin.se. Accounting can become very dangerous when mixing denominations.  This is why all major accounting standards mandate books be maintained single currency. In your case, if the deposit is in USD, for example, and the liability is in BTC then two books must be maintained, one for each. To account for your operation properly using single currency accounts, the denominations must be exchanged internally and balanced across the two sets of books. For a deposit of BTC/depository of USD, the operation would be the same as described above, but then the cash should be credited away and the liabilities debited away from the USD books with simultaneous cash debits and liability credits on the BTC books. Considering the extreme volatility of cryptocurrency exchange rates, denominating accounts on the wrong set of books will quickly lead to insolvency or loss from improper accounting or both. From revenue to income Revenue can be construed as a liability since it could theoretically exist on the balance sheet. I mention this because all books, despite their name and quarter, are really simply long T accounts, like a blockchain.  A blockchain could be subdivided into users' individual income statements & balance sheets, as the reverse of this concept. Revenues are credited, expenses are debited.  The difference, \"\"net income\"\", is debited away with a credit to \"\"owners' equity\"\".\""}
{"_id": "419926", "title": "", "text": "\"Real Estate has historically been the most sound investment of all times. Not only does property consistant increase in value (which is what you want every investment to do), it does so at the highest rate with the lowest risk. Most return on investment (like a stock in the market) the potential rate of gain is proportionat to the potential loss. The more secure an investment, the lower the potential gain. But, with Real Estate, property typically doubles in value every 10 years. Our overall R.E. economy is on an upward turn, recovering from a time  where values tanked. to jump in now, is probably better than waiting for any amount of time, be it 1 month, or 1 year. You concern about being \"\"tied in\"\" to this investment is a valid concern, however, since the market is in an upward turn, you should be more and more able to turn around and sell it later on. The best thing that you could potentially do would be to invest in a rental property where your cost of investment (your mortgage note) is paid by the renters. However, being a landlord is always a risky business (hence, the higher rate of return, which considering your investment is ultimately zero, the return rate is huge :-)   The trick would be to take the reters payments to you and keep it in an account that you use to pay for any repairs, upgrades, or marketing in between when the unit is vacant. But, with your parents losing their house, this may not be possible - unless you take their home and then keep the living arrangments the same as they are now. One possibility to help you get your foot in the door of being a property owner (not necessarily \"\"investor\"\") and help your parents keep their house (if that is what they would like to do) is re-finance with them... if you can't afford the entire mortgage, but they are capable of filling the gap between what you can afford and what their property costs, then you become partnered with them, and when/if their circumstances change, they can always buy you out.\""}
{"_id": "419931", "title": "", "text": "Don\u2019t feel like you have to stick to the traditional forms of paint jobs in order to get a home that looks great. You can find a lot of amazing, nontraditional options that work quite well for whatever it is that you may be looking to do. Call us and let\u2019s see what we can help you with! http://barwickpainting.com/contact-us/"}
{"_id": "419945", "title": "", "text": "If you don't have any voting rights then you don't have much say in the direction of the company.  Of course, if the majority of voting rights are held by 1 or 2 people/institutions then you probably don't have much say regardless. That said, 0.1% isn't a whole lot of a voice anyway."}
{"_id": "419952", "title": "", "text": "According to the experts of custom duplex construction, another reason behind hiring a home builder is that the constructions will be low in maintenance. This will happen because these experts will make sure that only the best quality deluxe home plans are used and every raw material is of high quality and absolutely new."}
{"_id": "419953", "title": "", "text": "If you are going to be trying clever stuff with taxes in different place, you probably need a professional. Different countries definitely have different laws on the subject.  For example (several years ago) the UK considered you absent from the UK for tax purposes from the day you left, provided you were gone for a year, whereas Canada didn't charge you tax as long as you were not in the country for six months in the year. A carefully timed move enabled me to not pay tax at all for six months because I wasn't resident anywhere. Also it was irrelevant whether I intended to stay or not."}
{"_id": "419968", "title": "", "text": "So I am in this position with my grandmother and she is in her late 90s and wants to give us some of her things. There are some items I would want, but there are a lot of other things that I don't want. So when she wants to give me things now, I have to be delicate about it. I don't want to be inundated with everything and the things I would want now she is still using so I will happily wait."}
{"_id": "419985", "title": "", "text": "There's really no right or wrong answer here because you'll be fine either way. If you've investing amounts in the low 5 figures you're likely just getting started, and if your asset allocation is not optimal it's not that big a deal because you have a long time horizon to adjust it, and the expense ratio differences here won't add up to that much. A third option is Vanguard ETFs, which have the expense ratio of Admiral Shares but have lower minimums (i.e. the cost of a single share, typically on the order of $100). However, they are a bit more advanced than mutual funds in that they trade on the market and require you to place orders rather than just specifying the amount you want to buy. A downside here is you might end up with a small amount of cash that you can't invest, since you can initially only buy whole numbers of ETFs shares. So what I'd recommend is buying roughly the correct number of ETFs shares you want except for your largest allocation, then use the rest of your cash on Admiral Shares of that (if possible). For example, let's say you have $15k to invest and you want to be 2/3 U.S. stock, 1/6 international stock, and 1/6 U.S. bond. I would buy as many shares of VXUS (international stock ETF) and BND (U.S. bond ETF) as you can get for $2500 each, then whatever is left over (~$10k) put into VTSAX (U.S. stock Admiral Shares mutual fund)."}
{"_id": "419986", "title": "", "text": "AAA bonds are safe, as far as the principal goes. If you buy long term bonds today (at very low rates) and the interest rate goes up to 10% in 5 years, the current value of the bonds will decrease. But if you hold the bonds till maturity, you will almost certainly (barring MBS scenarios) get the expected principal and interest on the bonds. If you decide to sell a long-term bond before it matures, it will probably be worth less than you paid for it if interest rates have risen since you bought it."}
{"_id": "419996", "title": "", "text": "To take a higher level view of this, consider the warranty as buying insurance.  They want to sell you the warranty because there's profit in it for them over the aggregate of all the warranties they sell. So ask yourself, would having to replace this item out of your own pocket cause you a significant financial burden?  Items like houses we insure because we can't afford to lose the investment.  Items like cars we get liability insurance because we can't afford to pay for another person's medical costs if we're liable for their injury.   On the other hand, if you're talking about a $1000 piece of equipment in your house, this won't break you.  That means you can self-insure, and if you do that for all the items you purchase, over the long haul, then you will save money (equal to the profit that the company expects on the warranties). So I say, no, don't buy extended warranties.  The more they're trying to sell it to you, the less you should be willing to buy it (because the higher their profit margin is if they can convince you to buy it)."}
{"_id": "420016", "title": "", "text": "1. Actually, you are wrong!  2. If food is cheaper and better when produced in a lab, then it does not matter that we have enough food produced (in a much more expensive, labor intensive, slow and harmful for the environment way.)"}
{"_id": "420018", "title": "", "text": "If and only if by coincidence the car you were already considering from your research includes a 0% finance offer, go ahead a take the financing and save your cash. If however you are being tempted to a different car, or would spend more than you initially thought were wanted to, 0% financing is just another trick to get more of you money. Just be honest why you want the car: is it a good price, or does the financing seem like a good deal?  Even if you are not paying interest, you are paying principal."}
{"_id": "420046", "title": "", "text": "You should be worried. You have made the mistake of entering an investment on the recommendation of family/friend. The last think you should do is make another mistake of just leaving it and hoping it will go up again. Your stock has dropped 37.6% from its high of $74.50. That means it has to go up over 60% just to reach the high of $74.50. You are correct this may never happen or if it does it could take a long, long time to get up to its previous highs. What is the company doing to turn its fortunes around? Take a look at some other examples: QAN.AX - Qantas Airways  This stock reached a high of around $6 in late 2007 after a nice uptrend over a year and a half, it then dropped drastically at the start of the GFC, and has since kept falling and is now priced at just $1.15. QAN reported its first ever loss earlier this year, but its problems were evident much earlier. AAPL - Apple Inc.  AAPL reach a high of just over $700 in September 2013, then dropped to around $400 and has recovered a bit to about $525 (still 25% below its highs) and looks to be at the start of another downtrend. How long will it take AAPL to get back to $700, more than 33% from its current price? TEN.AX - Ten Network Holdings Limited  TEN reached a high of $4.26 in late 2004 after a nice uptrend during 2004. It then started a steep journey downwards and is still going down. It is now priced at just $0.25, a whopping 94% below its high. It will have to increase by 1600% just to reach its high of $4.26 (which I think will never happen). Can a stock come back from a drastic downtrend? Yes it can. It doesn't always happen, but a company can turn around and can reach and even surpass it previous highs. The question is how and when will this happen? How long will you keep your capital tied up in a stock that is going nowhere and has every chance of going further down? The most important thing with any investment is to protect your current capital. If you lose all your capital you cannot make any new investments until you build up more capital. That is why it is so important to have a risk management strategy and decide what is your get out point if things go against you before you get into any new investment. Have a stop loss. I would get out of your investment before you lose more capital. If you had set a stop loss at 20% off the stock's last highs, you would have gotten out at about $59.60, 28% higher than the current share price of $46.50. If you do further analysis on this company and find that it is improving its prospects and the stock price breaks up through its current ranging band, then you can always buy back in. However, do you still want to be in the stock if it breaks the range band on the downside? In this case who knows how low it can continue to go. N.B. This is my opinion, as others would have theirs, and what I would do in your current situation with this stock."}
{"_id": "420048", "title": "", "text": "\"&gt;What changes when you have kids is your lifestyle and how you spend your money. Bar tab = diapers, weekend getaways = 1 big disney vaction, convertible = minivan, etc.   Ah, but singles don't NEED the \"\"Disney\"\" vacation (indeed many AVOID such things on purpose) -- they can go backpacking in the mountains, or vacation on the beach in Greece for significantly less (if they are even so inclined).  Likewise, the convertible, unlike the minivan, is an \"\"optional luxury\"\" -- and ironically enough, one that holds its value on resale far better than the minivan.   &gt;There is an opportunity cost, but according to these folks they seem to be assuming you are spending money you are normally saving on kids, when in truth you would have more than likely spent it on yourself.  Exactly. Or you would never be sufficiently motivated to earn it in the first place.  I have seen several \"\"studies\"\" about how married w/children people tend to earn MORE over their lifetime than unmarried/childless people do.  Now certainly ONE reason for that can be (and from anecdotal management experience I *know* it exists) a form of discrimination (where married w/children managers overpay/out-promote \"\"similar\"\" people out of sympathy, and where they underpay singles/childless on the basis of \"\"well, they don't NEED as much\"\").  But I also think there is a factor of \"\"content\"\" versus drive/motivation/need -- married w/children do in fact NEED/WANT to earn more (because they have higher inherent costs), and are therefore generally more \"\"motivated\"\" about gaining additional pay (in order to live a lifestyle that is at a similar level to single/childless people).\""}
{"_id": "420053", "title": "", "text": "\"The business community is not investing, but the government is spending, said Peter Schiff, chief executive of investment firm Euro Pacific Capital Inc. \"\"When you break it down, the lion's share of the growth is coming from government spending.\"\"  Government spending increased 9.6% in the third quarter from the previous three-month period, the first such increase since 2010. The driver was federal defense spending, which was up 13%, the biggest jump since the second quarter of 2009.  http://www.latimes.com/business/la-fi-gdp-economic-growth-20121027,0,1713240.story\""}
{"_id": "420058", "title": "", "text": "Blue Apron has become pretty synonymous with dinner delivery services. The name recognition alone is probably worth their current evaluation. I think you're right it wouldn't be hard to compete, and they do have a lot of competition. But I think you'd be hard pressed to find anyone who can name something other than Blue Apron."}
{"_id": "420070", "title": "", "text": "&gt;Such EXTREME bipolar societies are VERY unstable.  Except they're not.  Most of human history has been dominated by these societies.  Think feudalism with a few nobility on top and a massive surf class below them.  The middle class and our current income distribution is a huge historical anomaly."}
{"_id": "420077", "title": "", "text": "&gt;. The store has to match the price. They don't have a choice.  Here in Canada we have a book store called Chapters.   They won't price match their own online prices in store.   I haven't shopped there in 10 years.     If Best Buy is smart, they'll stop the price match.  If you want instant gratification for your purchases, you should pay for it.   If you go in and the TV is priced at X, you pay X.   If you go home and see it's a different price online, buyer beware.  I think that'd be a brilliant move.  Make the brick and mortars charge more for the luxury of shopping in a store.      It's sleazy, but honestly not a bad business model.  \\"}
{"_id": "420097", "title": "", "text": "Dividend yield is not the only criteria for stock selection. Companies past performance, management, past deals, future expansion plans, and debt equity ratio should be considered. I would also like to suggest you that one should avoid making any investment in the companies that are directly affected by frequent changes in regulations released by government. All the above mentioned criteria are important for your decision as they make an impact on your investment and can highly affect the profits."}
{"_id": "420105", "title": "", "text": "I've always said that the biggest expense the rich have to deal with is paying taxes while the poor's biggest expense is trying to survive. For example the poor have to pay more than half of their money buying food and while the rich pays almost nothing for food."}
{"_id": "420118", "title": "", "text": "\"Once you buy stocks on X day of the month, the chances of stocks never actually going above and beyond your point of value on the chart are close to none. How about Enron?  GM? WorldCom? Lehman Brothers?  Those are just a few of the many stocks that went to 0.  Even stock in solvent companies have an \"\"all-time high\"\" that it will never reach again.   Please explain to my why my thought is [in]correct.  It is based on flawed assumptions, specifically that stock always regain any losses from any point in time.  This is not true.  Stocks go up and down - sometimes that have losses that are never made up, even if they don't go bankrupt.  If your argument is that you should cash out any gains regardless of size, and you will \"\"never lose\"\", I would argue that you might have very small gains in most cases, but there are still times where you are going to lose value and never regain it, and those losses can easily wipe out any gains you've made.   Never bought stocks and if I try something stupid I'll lose my money, so why not ask the professionals first..? If you really believe that you \"\"can't lose\"\" in the stock market then do NOT buy individual stocks.  You may as well buy a lottery ticket (not really, those are actually worthless).  Stick to index funds or other stable investments that don't rely on the performance of a single company and its management.  Yes, diversification reduces (not eliminates) risk of losses.  Yes, chasing unreasonable gains can cause you to lose.  But what is a \"\"reasonable gain\"\"?  Why is your \"\"guaranteed\"\" X% gain better than the \"\"unreasonable\"\" Y% gain? How do you know what a \"\"reasonable\"\" gain for an individual stock is?\""}
{"_id": "420136", "title": "", "text": "&gt; *Acquisition continues Disney's strategic focus on creating and* ***monetizing the world's best branded*** *content*  emphasis mine. It helps explain why there's been so many sequels from Hollywood, and so little original content. I feel like Disney's getting ready to put a big shit cherry on top of the prequels."}
{"_id": "420148", "title": "", "text": "Lol. When did I ever say that? I said you don't know the difference between the two. The fact that you think JP Morgan is responsible for CDO's and MBS's is comical.   So again, here's your post  &gt;Maybe if fuckers like him could manage their house then government wouldn't have to bail them out and there wouldn't be a need for as much regulation. But no, he's going to keep gambling and expect tax payers to cover his losses, and then has the audacity to bitch about it. Fuck him  Now do please explain how JP Morgan  * didn't properly manage their mortgages  * needed to be bailed out by the government  * gambled  * had the tax payers cover their losses  I'd love to see what other bullshit you come up with to defend these statements.   On the other hand, if you want to cut the shit and acknowledge you're both retarded and wrong, I'm more than happy to educate you on the recent financial crisis and why JP Morgan was a godsend to the US economy."}
{"_id": "420180", "title": "", "text": "Being a great cook is not enough reason to open a restaurant. How many episodes of reality TV are about someone who was a good cook and then got in way over their head by opening a business?  My advice is she shouldn't do it until she has worked as a restaurant manager, or restaurant owner's assistant, for over a year."}
{"_id": "420187", "title": "", "text": "A long time ago as sellers will pay a fee on the total amount not the item amount. Plus people are mindless sheep.  Item  A) $5 + $4 shipping B) $10 with FREE SHIPPING!    Guess which one makes more? Even if item A $5+$5 shipping item B will be more profitable especially when multiple units are sold."}
{"_id": "420197", "title": "", "text": "Don't pay off the 0% loan.  First, set up an automatic monthly payment to ensure you never miss the payment (which could lower your credit score). If you are in Canada, depending on your situation: If you are employed and make more than $50k/year:"}
{"_id": "420225", "title": "", "text": "You have no clue what you are talking about!  It's all natural progress of Retail.   When Sears sent its first catalogs, it killed most rural stores.   When Mr. Goldman invented the shopping cart, and Supermarkets were possible, it killed most grocery stores.  When department stores started, they killed most specialty stores.  When Amazon started, and on-line shopping, it killed all book stores and many other stores.  When 3D printers get fast and more versatile, the made-to-order will kill Amazon.  Etc, etc, etc..."}
{"_id": "420233", "title": "", "text": "\"I agree with this argument. Finance, legal, and tax compliance industries are bogus and add dubious value at best. The creation of more wealth helps those that created the wealth the most, but it oftentimes also does help everyone else as well (think: Steve Jobs &amp; his company's many creations).  But I also believe that if you had a \"\"full equalizer day\"\" and redistributed all the wealth in the US so that each of us had the same amount of money (we'd each roughly have $255,000 if my math is correct), then within 1 generation you'd already see a similar wealth distribution to what we have now. Most would consume more- rather than invest- and it would only be a temporary fix.  It's a rarity to find people advocating for changing the system that creates inequality (the Fed currently being the biggest perp) instead of simply trying to redistribute the results of that system.\""}
{"_id": "420234", "title": "", "text": "If you're happy manually downloading transaction files from your bank and importing them into your desktop application, try You Need A Budget 4.  It hits all three of your requirements. Here are the details about how to import from your bank I've been using YNAB for a few months now and am very impressed with it.  It was cheap and it syncs to my mobile phone for on-the-go money management via Dropbox."}
{"_id": "420239", "title": "", "text": "Easy to say from the comfort of of a middle class lifestyle. I'm happy to have achieved what I have. I make a a modest but sufficient salary, as does my wife. We have many comforts that we would not have if we made even $20K a year less, a comfortable but small house; boring, safe and reliable car; cell phones. My wife grew up without enough food to eat. She used to sneak into the kitchen at night and drink the ketchup because she was so hungry, which resulted in her mom putting a padlock on the fridge. Forgive me for wanting more than that for my daughter, I must be some kind of monster capitalist."}
{"_id": "420254", "title": "", "text": "If you can deduct money that is reinvested in your business than would you invest more into your company to avoid giving it to the government at a higher tax rate? At a lower rate it allows for more profit to be extracted. It does nothing to encourage investment."}
{"_id": "420259", "title": "", "text": "That sounds like way too much for a car! I suggest you get a used car that only has a few years on it and is in mint condition. Not only are they cheaper to purchase, they are also the cheapest to insure."}
{"_id": "420265", "title": "", "text": "Here's a few. Is this what you're looking for? Also this should probably be a community wiki."}
{"_id": "420267", "title": "", "text": "Yes, absolutely. Consider Microsoft,  Updated Jan. 17, 2003 11:59 p.m. ET  Software giant Microsoft Corp.,   finally bowing to mounting pressure to return some of its huge cash   hoard to investors, said it will begin paying a regular annual   dividend to shareholders. From Wall Street Journal. Thus, for the years prior to 2003, the company didn't pay dividends but changed that. There can also be some special one-time dividends as Microsoft did the following year according to the Wall Street Journal: The $32 billion one-time dividend payment, which comes to $3 for each   share of Microsoft stock, could be a measurable stimulus to the U.S.   economy -- and is expected to arrive just in time for holiday   shopping. Course companies can also reduce to stop dividends as well."}
{"_id": "420273", "title": "", "text": "Indeed, a well respected study found that American children are still not dumb enough that they don't understand that they are paying off 20 Trillion of debt borrowed from a bank that prints its own money, but expects to be repaid in real money.  It also recommended that lead be added to the diet and where children seemed resilient and stubborn and asked to many questions, it be administered with a .38  Shalom bitches it concluded"}
{"_id": "420295", "title": "", "text": "\"I would look into the possibility that the promise \"\"that no taxes will be withheld\"\" is all about your status as a 'consultant'.  They may be meaning you to be treated like a business they buy services from.  In Canada the distinction is very watery and I presume the same in India. If you agree to become a business, then you must look into how that business income will be taxed.\""}
{"_id": "420311", "title": "", "text": "There is a tax advantage only for medical expenses exceeding 10% of your adjusted gross income (7.5% if over age 65).  This limit means only a very few people can take advantage of the deduction. The expenses would be entered on Schedule A (itemized deductions) of form 1040. You don't have to send in the supporting documentation, but you have to keep it in your records to present if audited. Yes, a copay qualifies as an expense, but needs supporting documentation."}
{"_id": "420314", "title": "", "text": "The only difference that I can think of is that some business checks have two signature lines. The look and feel of a business check used to be more important. So a big check with two signatures and a machine-imprinted amount was a way to screen out fraudulent transactions. Nowadays the check is scanned and shredded, so it's probably not a big deal for 90% of your transactions."}
{"_id": "420316", "title": "", "text": "Write off the entire asset class of corporate bonds? Finance theory says yes, the only two asset classes that you need are stocks and treasury bills (very short-term US government bonds). See the Capital Asset Pricing Model (CAPM)."}
{"_id": "420319", "title": "", "text": "\"I only have liberal/middle/conservative stats rather than Trump directly since the study was pre-Trump ... and it didn't classify anthropologists.  It included sociology, economics, engineering ... and then a host of sciences:  physics, astronomy/astrophysics, math, chemistry, geology, and biology.  The engineers were the only group where \"\"middle of the road\"\" ranked highest ... but the \"\"liberal\"\" share for engineers was nearly twice as large as the \"\"conservative\"\" share.  All of the areas ranked low for \"\"conservative.\"\"    http://www.nature.com/news/the-scientists-who-support-donald-trump-1.20827#fieldreports  As expected, Trump is already hailed as the \"\"Anti-Science\"\" President (anthropogenic climate change denier, ignores pollution costs, anti-vax, appointments to scientific positions held by non-scientists ).   I've personally been to two scientist focused anti-Trump marches since the election.  Amongst the academic scientific community, he's viewed as an ignorant authoritarian villain.\""}
{"_id": "420324", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://techcrunch.com/2017/07/19/techs-5-biggest-players-now-worth-3-trillion/) reduced by 86%. (I'm a bot) ***** &gt; After a long rally marked recently by sharp share price gains among the largest tech companies, the $3 trillion mark could stand up over time as a good thumb-sized measurement to vet future rallies against.  &gt; In the era of platform players racing to control the digital lives of both consumers and enterprises, it&amp;#039;s perhaps not surprising that the biggest companies are worth so very much; if the tech industry changes, becoming more fractured, that could shift.  &gt; In sum: It&amp;#039;s a big day for tech&amp;#039;s biggest players, even if it isn&amp;#039;t the most intriguing of them all or the simplest to explain.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6os46d/techs_5_biggest_players_now_worth_3_trillion/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172685 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tech**^#1 **company**^#2 **rally**^#3 **Big**^#4 **market**^#5\""}
{"_id": "420329", "title": "", "text": "I'm not sure it's even that - I'm upper middle class where I live, and I've never heard of those terms he mentioned. It sounds like a vaguely Italian / Spanish fusion with French bread? It could have been sticker shock, but it could be that she just balked at ordering a sandwich that might have unpalatable ingredients in it, like liver pate. It'd be like ordering randomly off a Chinese menu and getting served a live octopus.  As example, I know plenty of people who don't know what chorizo is, but order it at Chipotle's - and who wouldn't order it if they knew what was in it. (I know what it is and rather enjoy it, but that's my tastes.)  I find the idea that a restaurant would use pretentious language as a sort of... signaling device for class structure... the idea that 'you can only eat here if you can understand our language' to be bizarre. And a little bit offensive. A restaurant like that would get laughed out of business where I live.  It makes me wonder, is this kind of restaurant normal in other parts of the country?"}
{"_id": "420340", "title": "", "text": "Is legacy software pretty standard across the board for trading firms and bulge bracket banks?   I was surprised to learn how old the internal software the place I'm interning at is. Chalk it up to me being young.  Thanks!"}
{"_id": "420347", "title": "", "text": "The article briefly mentioned Martin Shkreli and Daraprim, which is an excellent extreme example of the underlying flaws in the American medical market. Hide the true costs of various necessary medications behind multiple walls of insurance pools and government subsidy and pretty soon the sky's the limit for these companies: https://rebelnews.com/willparke/the-drama-of-daraprim-and-the-for-profit-medicine-industry/"}
{"_id": "420358", "title": "", "text": "Private equity is not entirely comprised of turnarounds, however, I understand what you're looking for, and I suggest you take some time to read this article: http://www.businessweek.com/printer/articles/22306-my-week-at-private-equity-boot-camp  Note: the people who sit in offices and crunch numbers or figure out how to structure deals are generally the middle or lower-level staff of a firm.  At the top of a firm, you generally have people who decide what the fund should be invested in, and what strategy they should use.  PE is a business, and you should think of it that way.  So, if it were your business, you'd naturally hire really smart guys to crunch numbers or come up with solutions.  Then YOU look at these outputs and choose one to go with.  Such is how an efficient PE firm runs."}
{"_id": "420360", "title": "", "text": "The US is one of the only countries which taxes its citizens on global income. You're  ignoring the high fixed costs of compliance with the US tax code, both for individuals and institutions. Compliance is so big an issue that foreign banks are turning away US customers rather than having to comply with FATCA, leaving people unable to open a bank account. Also, renunciations of citizenship are up something like 400%, and they aren't all billionaires."}
{"_id": "420361", "title": "", "text": "\"I think you should start here https://www.tastytrade.com/tt/ and learn about equity options. Its a lot more accessible for you to get hands on experience. Start with learning about put/call spreads and maybe put on some SPY trades. Options are essentially the same in every market; I would start here.    I think this idea you have of not having to use \"\"margin\"\" is coming from people running spread strategies that have limited downside/upside\""}
{"_id": "420366", "title": "", "text": "It it's paste form? Probably not if only because it would be a pain to form into food I can cook easily, maybe if I wanted to make sausages or something but that is a bit beyond my personal interest and abilities.  But as a product I can cook like other food, yeah I got no problem with it. I use to raise my own cows and knew how to slaughter them but I still sent them to a butcher in large part because I would be wasting so much of the meat otherwise. It is too much work to do all the processing they do for trim and waste meat to make it palatable. I don't want to eat a straight up cow tongue or cow heart, but if you blend that bitch up into a sausage ill gobble it down."}
{"_id": "420376", "title": "", "text": "I agree... r/economics has become a type of subreddit that these posts are frequented in. I'd prefer to see some more thought provoking posts on this board. Not to mention news, rather than information that has been known for a long time now."}
{"_id": "420379", "title": "", "text": "\"As an owner of a share of a business you also \"\"own\"\" profits made by the business. But you delegate company management to reinvest those profits, on your behalf, to make even more profits. So your share of the business is a little money-making machine that should grow, without you having to pay taxes on the dividends and without you having to decide where to reinvest your share of the profit.\""}
{"_id": "420382", "title": "", "text": "\"&gt;Americans are much more supportive of negative rights. True freedom means freedom from government coercion. Thus, calls for healthcare as a \"\"right\"\" are rejected by huge numbers of Americans.   \"\"Huge\"\" numbers maybe, but the [majority](http://www.pewresearch.org/fact-tank/2017/01/13/more-americans-say-government-should-ensure-health-care-coverage/) of Americans see health care as a right.  Americans actually believe in quite a few positive rights, such as the right to an attorney, the right to a K-12 education, and the right to things like Medicare and SS when you reach a certain age.\""}
{"_id": "420401", "title": "", "text": "\"Holy shit! Talk about pushing a \"\"narrative\"\".  &gt;We spend the most &amp; get the overall worst outcomes of any industrialized nation.  This is such a crock of shit.  The US has had a monopoly on the greatest level of medical advancement and the highest level of skilled medical practitioners in the entire world. When the best and highest quality of care is needed people come to the United States to have it. Equally, the average American has had the most abundant and varied access to quality health services than any other nation for the last 50+ years.  You are peddling in dishonesty in order to promote an end game of single payer. The VA failed to provide quality service. Medicare/Medicaid has failed to provide quality service. Every example ever of centralized bureaucracy getting involved in health care has resulted in a lower quality of service, rationing of service, and fewer options for patients. GTFO of here with this tired ass shit.  &gt;ACA's failures were bullshit put in by the GOP &amp; collusion by insurance companies and Republican governors. It wasn't perfect, but it would have been a helluva lot closer if the GOP hadn't lied and colluded through the process.   Yea I don't buy this polarized partisan bull shit. The insurance companies were part and parcel when Obama's white house was writing the ACA and they are part and parcel now as the Republicans stumble through the repeal effort. Take your \"\"Democratic\"\" talking points against the \"\"Republicans\"\" back to r/politics because I ain't fucking buying this partisan crap.  &gt;Source: I wrote the 20 year health plan for the Republican Governor of the State of Florida ten or so years ago and have lobbied &amp; built facilities and other projects in healthcare  Thanks for showing us your bias right out. Saves me a lot of time.\""}
{"_id": "420436", "title": "", "text": "\"I too received a \"\"job offer\"\" from this CENEO outfit but mine was a proof reading position.Supposedly,I was to edit the email they were sending to U.S. customers. They needed proof reading alright,I've never seen such atrocious grammar and syntax.Half the time I could not figure out what these polaks were trying to convey. Anyway,I was getting a whole page to \"\"proof read\"\" daily and then, they sent me an email stating that the \"\"position\"\" had been eliminated.I never got the money I was owed.\""}
{"_id": "420440", "title": "", "text": "Banks make money by charging fees on products and charging interest on loans. If you keep close to a $0 average balance in your account, and they aren't charging you any fees, then yes, your account is not profitable for them. That's ok. It's not costing them much to keep you as a customer, and some day you may start keeping a balance with them or apply for a loan. The bank is taking a chance that you will continue to be a loyal customer and will one day become profitable for them. Just be on the lookout for a change in their fee structure. Sometimes banks drop customers or start charging fees in cases like yours."}
{"_id": "420441", "title": "", "text": "Disclosure: I work for Wells Fargo Home Mortgage.   This is normal. The bank is giving you a discount on the interest rate in exchange for the automatic payments. Unfortunately, the bank has the power here; they have your mortgage, and they have the right to call your loan in full at any time, and foreclose on your house if you don't pony up. It's okay to not like being pushed around, but you need to know when to hold'em and when to fold'em, and your facing a royal flush with pair of 4s."}
{"_id": "420471", "title": "", "text": "Top 10 Reasons for getting rejected for Credit ~ with some recommendations to fix it. If you have questions about credit, loans or financial planning in general ~ I'm always available ~ If I don't know I will find out for you!"}
{"_id": "420476", "title": "", "text": "\"If by \"\"most public companies\"\" you mean ALL public companies. Heck, even some non-public companies have to file 10-Ks.  OP, I'd avoid any exchange-based list (a public company may be de-listed, for example) and go right to the source: Edgar.\""}
{"_id": "420483", "title": "", "text": "On your end of the deal, the biggest risk is probably counterfeiting. That said, I'd think that most of the downside would be for the buyer since they would have no way to prove that they paid you.  Perhaps a better alternative is to send the items COD (Collect On Delivery aka Cash on Delivery). The USPS and some other carriers offer this service, which can be an effective way to remotely negotiate a cash sale. I double checked the USPS site and they do accept cash for COD deliveries: Recipient may pay by cash or check (or money order) made out to   sender. (Sender may not specify payment method.) You might want to double check this if you go with USPS or FedX."}
{"_id": "420484", "title": "", "text": "I've wondered the same thing.  And, after reading the above replies, I think there is a simpler explanation. It goes like this. When the bank goes to make a loan they need capital to do it. So, they can get it from the federal reserve, another bank, or us. Well, if the federal reserve will loan it to them for lets say 0.05%, what do you think they are going to be willing to pay us?  Id say maybe 0.04%. Anyway, I could be wrong, but this makes sense to me."}
{"_id": "420486", "title": "", "text": "This study introduces XBRL-enhanced digit analysis as a possible new approach to identify firm-year observations suspect of having manipulated earnings. Based on all available XBRL 10-K filings submitted to the SEC between 2009 and 2012, we find that firms likely to have managed earnings exhibit a higher amount of abnormal digit frequencies compared to other firm-years. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2297355"}
{"_id": "420491", "title": "", "text": "\"Do you expect governments to completely cut spending? Are you a utopian libertarian? I'm struggling to see how I'm \"\"crossing factoids.\"\"  I was making the point that the private sector has been growing at a faster pace than GDP as a whole over the past two years due to the public sector's shrinking. So, that proves Schiff's \"\"theory\"\" incorrect.\""}
{"_id": "420496", "title": "", "text": "\"Neither you nor others have mentioned the costs of being a homeowner.  First, there are monetary costs. If you own a house, you have to pay taxes. They will vary by jurisdiction, but are usually not zero. You also need insurance, which again comes with monthly rates.  Then, once in a while, you'll be hit with unpleasant lump sum payments. In 30 years, the mortgage is over and you own the house - but by that time, it will probably need a new roof. That's in the price range of a new car. And over that time, you'll rack up several other repairs which your landlord covers when you rent.  Another thing which feels less like an expense emotionally but ends up thinning your wallet is the cosmetic changes you make just because it's your own home. You wouldn't put marble floors in the bathroom if you rent, but you might be tempted to if you live in the house. It might be even worth it from a life satisfaction point of view, but we are talking finance right now, and that's a minus.  And then there are the opportunity costs. A house binds you geographically. You may pass up on a nice job offer because your house is too far away, for example. Or you might experience liquidity problems, because a house is difficult to turn into money in a hurry. If you are able to do so, it is usually a much larger sum than you need, and you are paying the costs inherent in that large transaction. These are just examples, you can probably come up with more costs.  Then, it is not sure how much money you can get of the house if you change your mind. Say you take this job at the other end of the country, or you become a parent of four and need more space. At the time you decide to sell, the market may have gone down due to the overall state of the economy, or to the house location's popularity, or your own house may have turned undesirable (what if you get a mold infestation which would only go away if you strip it to the concrete and rebuild?) You could let it to renters, but that's a hassle of its own. It takes time to find renters, it may be expensive (income tax, regulations like Energieausweis in Germany), it is risky (if they don't pay, you might not see money even if you sue them).  Then there is the problem that prices reflect not some kind of \"\"true\"\" value, but the intersection of supply and demand. And the home market is not as efficient as in a first semester microeconomics textbook. The buyers of private homes deal in small volumes, have little knowledge in the market, pay intermediaries' cuts, and are emotionally attached to the idea of \"\"owning my own house\"\". This drives demand up and creates higher prices than if you had perfectly rational actors on both sides. People pay money for the feeling of being home owners, so those who forego spending on that feeling have more money to invest in something else.  Owning something always causes expenses. You have to calculate the savings of having the house vs. the expenses of having it, before you can decide if it is a good deal or not. If you only calculate one side of the equation, you'll be badly mistaken.\""}
{"_id": "420499", "title": "", "text": "You have a good start (estimated max amount you will pay, estimated max down payment, and term) Now go to your bank/credit union and apply for the loan. Get a commitment. They will give you a letter, you may have to ask for it. The letter will say the maximum amount you can pay for the car. This max includes their money and your down payment. The dealer doesn't have to know how much is loan. You also know from the loan commitment exactly how much your monthly payment will be in the worst case. If you have a car you want to trade in, get an written estimate that is good for a week or so. This lets you know how much you can get from selling the car. Now visit the dealer and tell them you don't need a loan, and won't be trading in a car. Don't show them the letter. After all the details of the purchase are concluded, including any rebates and specials, then bring up financing and trade-in. If they can't beat  the deal from your bank and the written estimate for the car you are selling, then the deal is done. Now show them the letter and discuss how much down they need today. Then go to the bank for the rest of the money. If they do have a better loan deal or trade in then go with the dealer offer, and keep the letter in your pocket. If you go to the dealer first they will confuse you because they will see the price, interest rate, length of loan, and trade in as one big ball of mud. They will pick the settings that make you happy enough, yet still make them the most money."}
{"_id": "420507", "title": "", "text": "&gt; Hey! Do you mind giving your credit card to the waiter...   I'm not especially fond of that, but it's easy to report fraud to the bank and most of the time the bank will reverse the charges.  The PIN situation is different because a mugging is life-threatening.  &gt; We already determined that nobody even care about signatures or check them.  You can't use a stolen card at an ATM with a signature.  It seems clear you haven't spent as much time thinking about this as I have. No offense intended, this is a waste of my time."}
{"_id": "420511", "title": "", "text": "In short, defined contribution plans yield different amounts of return based on the market whereas defined benefit plans yield predetermined amounts defined based on factors such as salary and years of service."}
{"_id": "420529", "title": "", "text": "I assume US as mhoran_psprep edited, although I'm not sure IRS necessarily means US. (It definitely used to also include Britain's Inland Revenue, but they changed.)  (US) Stockbrokers do not normally withhold on either dividends/interest/distributions or realized capital gains, especially since gains might be reduced or eliminated by later losses. (They can be required to apply backup withholding to dividends and interest; don't ask how I know :-) You are normally required to pay most of your tax during the year, defined as within 10% or $1000 whichever is more, by withholding and/or estimated payments. Thus if the tax on your income including your recent gain will exceed your withholding by 10% and $1000, you should either adjust your withholding or make an estimated payment or some combination, although even if you have a job the last week of December is too late for you to adjust withholding significantly, or even to make a timely estimated payment if 'earlier in the year' means in an earlier quarter as defined for tax (Jan-Mar, Apr-May, June-Aug, Sept-Dec). See https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes and for details its link to Publication 505. But a 'safe harbor' may apply since you say this is your first time to have capital gains. If you did not owe any income tax for last year (and were a citizen or resident), or (except very high earners) if you did owe tax and your withholding plus estimated payments this year is enough to pay last year's tax, you are exempt from the Form 2210 penalty and you have until the filing deadline (normally April 15 but this year April 18 due to weekend and holiday) to pay. The latter is likely if your job and therefore payroll income and withholding this year was the same or nearly the same as last year and there was no other big change other than the new capital gain. Also note that gains on investments held more than one year are classified as long-term and taxed at lower rates, which reduces the tax you will owe (all else equal) and thus the payments you need to make. But your wording 'bought and sold ... earlier this year' suggests your holding was not long-term, and short-term gains are taxed as 'ordinary' income. Added: if the state you live in has a state income tax similar considerations apply but to smaller amounts. TTBOMK all states tax capital gains (and other investment income, other than interest on exempt bonds), and don't necessarily give the lower rates for long-term gains. And all states I have lived in have 'must have withholding or estimated payments' rules generally similar to the Federal ones, though not identical."}
{"_id": "420533", "title": "", "text": "So Wal-Mart's evil, because they take the presence of government programs into account? So should it now be illegal to employ people on welfare? If you voted for those programs, it seems pretty hypocritical to bitch about them being used."}
{"_id": "420538", "title": "", "text": "\"If the service was being used as intended by their customers though, they would be able to swallow losses for the occasional short ride in order to make the over-all service pleasant. I'm guessing that it is pretty uncommon for riders to take a ride for a few blocks say. But it also depends on how long a ride a \"\"short ride\"\" is.\""}
{"_id": "420544", "title": "", "text": "If he asked you to invest his money with certain objectives which resulted in you buying specific stocks for him with his money, then sell all the stocks which you bought with his money and the capital and profits to him. You may want to calculate the trading fees that you incurred while buying these specific stocks and taxes from the sale of these stocks, withholding them to over the trading fees that you have already paid and the taxes that you might still need to pay. If you traded with his money no different than yours, then I would think of your investment account as a black box. Calculate the initial money that you both invested at the time you added his capital to the account, calculate how much it all is currently worth, then liquidate and return a percentage equal to that of his initial investment. You can account for trading fees and taxes, subtracting by the same percentage."}
{"_id": "420551", "title": "", "text": "The easiest route for you to go down will be to consult wikipedia, which will provide a comprehensive list of all US stock exchanges (there are plenty more than the ones you list!). Then visit the websites for those that are of interest to you, where you will find a list of holiday dates along with the trading schedule for specific products and the settlement dates where relevant. In answer to the other part of your question, yes, a stock can trade on multiple exchanges. Typically (unless you instruct otherwise), your broker will route your order to the exchange where it can be matched at the most favorable price to you at that time."}
{"_id": "420555", "title": "", "text": "Absolutely agree. The more I read on this, the angrier I get. The sale of the shares, the delay in disclosure, the unbelievable abandonment of responsibility from a company that holds the keys to the castle for hundreds of millions of people. It stinks of bullshit. They need to feel the full weight of the law."}
{"_id": "420556", "title": "", "text": "Most biotech companies do not have a product they are selling.   They have a set of possible drugs that they are developing.     If any of these drugs get proven to be better than the current drugs they can be sold at a great profit. Therefore as soon as a biotech company proves a drug candidate is likely to pass large scale trials the company is often taken over by a large pharmaceutical company and is therefore no longer listed on the stock market. So mostly profit comes after the company stops being listed, therefore the profit will be negative for most biotech companies that are publicly traded."}
{"_id": "420574", "title": "", "text": "You're saying that you're thinking of keeping 35% in cash? If you expect the market to plummet in the next few months and then head up again, this would be a smart strategy. Hold on to a bunch of cash, then when the market hits bottom buy, then as it goes back up collect your profits. In practice, the long-term trend of the market has been up for as long as there has been a stock market. Bear markets tend to be relatively short, usually just a few months or at most a year or two before the market gets back to where it was. If you are smart enough to predict when there will be a decline and how long it will last, you're smarter than 99% of the professionals, never mind the amateurs. Personally, I keep only trivial amounts of cash. Let's see, right now about 2% of my assets. If you're more active in managing your retirement accounts -- if you really watch the market on a monthly basis or more frequently and adjust your assets according -- it would make sense to keep a larger cash reserve and use it when the market goes down. But for the average person, I think it would be a big mistake to keep anywhere near 35% of your assets in cash. In the long run, you'll probably lose out on a lot of potential growth."}
{"_id": "420587", "title": "", "text": "Moody's is now Mergent Online. It's no longer being printed, and must be accessed digitally. In order to browse the database, check with your local public library or university to see if you can get access. (A University will probably require you to visit for access).  Another good tool is Value Line Reports. They are printed information sheets on public companies that are updated regularly, and are convenient for browsing and for comparing securities. Again, check your local libraries.  A lot of the public information you may be looking for can be found on Yahoo Finance, for free, from home. Yahoo finance, will give financial information, ratios, news, filings, analysis, all in one place."}
{"_id": "420589", "title": "", "text": "&gt; Every single tiny company that's trying to hire you as a young coder will dangle the possibility of a massive upside later on  And as a freelancer or employee, it's **your** responsibility to get that 'massive upside' in writing.  If you don't, you only have yourself to blame. Nobody is going to hold your hand for you."}
{"_id": "420600", "title": "", "text": "I get my credit scores from all three bureaus for free - no gimmick.  I use a combination of banks that offer this service to get my scores.  I wrote about this sometime back in my blog. For credit report, the only place to go is AnnualCreditReport.com.  I space it out so that I get one every 4 months since there is a once a year restriction per bureau."}
{"_id": "420604", "title": "", "text": "He also fostered a management/workplace culture which now has exposed Uber to considerable liability (all the harassment, sexism, Greyball, IP theft/Waymo lawsuit, not vetting drivers properly, targeting journalists, etc).  All of this happened under his watch. And all of this did not suddenly happen within the last few weeks. All of the above is the result of a deeply rooted toxic culture. He had to go."}
{"_id": "420622", "title": "", "text": "\"This isn't so much a legal issue, the prohibition on giving discounts was written into the merchant agreements that most of the major credit card companies enforced on businesses that accepted their credit cards. That is, until the recent Financial Reform Bill (2010) passed Congress. It changes everything. (The logic on this is a little convoluted, so read carefully) Credit card companies can no longer prohibit merchants from requiring a minimum purchase amount to use a credit card. Meaning: That if merchants want to, they can now stop taking credit cards for a $4 latte. Credit card companies can no longer prohibit merchants from giving discounts for cash. Here is an article with a lot more detail: Financial Reform Bill Good News for Credit Card Holders Here is a link to the actual bill details and content: HR 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act Here is the relevant part: This subsection is supposed to take affect \"\"at the end of the 12-month period beginning on the date of the enactment of the Consumer Financial Protection Act of 2010.\"\" In other words, July 21st, 2011.\""}
{"_id": "420634", "title": "", "text": "Yes you need to pay Capital Gains tax in India. Further transfer of money out of India from Ordinary account requires some formalities / paperwork. A CA should be able to guide you."}
{"_id": "420672", "title": "", "text": "One simplest way is to to do Forex trading. You can do this by buying Foreign Currency Futures when you feel Rupee is going down or by selling those Futures when you feel Rupee will go up."}
{"_id": "420685", "title": "", "text": "Some non yourh have to work those jobs while the youth are in school. So they would have to hire at least a few older people. Just like me because of high school i can only work around 30 hours a week but full time would be an extra 10 hours."}
{"_id": "420707", "title": "", "text": "It seems very risky have all of your net worth in this one home. If I were to buy the house, I'm not sure I would put that much down, consider 20% and keep cash on hand, in retirement assets, etc. I would look at how much a mortgage, plus interest, taxes, insurance, etc. would cost with 50% down and with 20% down and see how that impacts your cash flow. Renting may make more sense, it's hard to tell without more specifics (NYTimes Rent/Buy calculator is a nice tool), but regardless, I would not want to have so much net worth tied into one asset and so would opt for less money down if I were to buy. Focus on rebuilding some retirement assets."}
{"_id": "420722", "title": "", "text": "\"Exercising an option early if you can't sell the underlying stock being purchased is generally not advisable. You're basically locking in the worst price you can possibly pay, plus you're losing the time value on your money (which is, admittedly fairly low right now, but still). Let's say you have a strike price of $50.  I get that you believe the stock to be worth more than $50.  Let's assume that that's probably, but not certainly right. Whether it's worth $51, $151, or $5,100 when your options are going to expire, you still get the profit of $1, $101, or $5,050 if you wait until expiration and exercise then.  By exercising now, you're giving up two things: The interest on the money you pay to exercise from now until expiration. The guarantee that you can't lose anything.    If you buy it now, you get all the upside above your strike, but have all the downside below it. If you buy it later (at expiration), you still have all the upside above your strike, but no downside - in the (assumed to be unlikely) event that it's worth less than the strike you can simply do nothing, instead of having something you bought at the strike that's worth less now and taking that loss.  By exercising early, you take on that loss risk, and give up the interest (or \"\"carry\"\" on the money you spend to exercise) for no additional updside. It's possible that there are tax benefits, as other posters mention, but the odds that \"\"starting the clock\"\" for LTCG is worth as much as the \"\"optionality\"\", or loss protection, plus the \"\"carry\"\", or interest that you're giving up is fairly unlikely.\""}
{"_id": "420727", "title": "", "text": "One way to analyze the opportunity cost of using a 401K loan would be to calculate your net worth after using a 401K loan.  If your net worth increases then the 401K loan would be advisable.  Note that the calculations provided below do not take into account tax considerations. A net worth calculation is where you add all your assets and then subtract all your liabilities.  The resulting number is your net worth. First, calculate the net worth of not taking the loan and simply paying the credit card interest.  This means you only pay the interest on the credit card.  In addition to the parameters identified in your question, two additional parameters will need to be considered: Cash and the market rate of return on the 401K. Scenario 1 (only pay credit card interest): After 12 months all you have paid is the interest on the credit card.  The 401K balance is untouched so it will hopefully grow.  The balance on the credit card remains at the end of 12 months. Scenario 2 (use 401K loan to pay credit card balance): You borrow $5,000 from your 401K to pay the credit card balance.  You will have to pay $5,000 plus the 401K interest rate back into your 401K account. Use the following equation to determine when Scenario 2 increases your net worth more than scenario 1: Thus, if your credit card interest rate is greater than the rate you can earn on your 401K then use the 401K loan to pay off the credit card balance. Another scenario that should be considered: borrow money from somewhere else to pay off the credit card balance. Scenario 3 (external loan to pay credit card balance): You borrow $5,000 from somewhere besides your 401K to pay off the credit card balance. The following is used to determine if you should use an external loan over the 401K loan: This means you should use an external loan if you can obtain an interest rate less than the rate of return you can earn on your 401K.  The same methodology can be used to compare Scenario 3 to Scenario 1."}
{"_id": "420738", "title": "", "text": "Instituting such a rule will not increase the amount of research papers and academic articles posted, it will only remove some posts from the sub.  I don't think this sub has enough activity for such a rule to actually change much."}
{"_id": "420746", "title": "", "text": "\"If there's indeed no reason to trust GS, i.e. those are just guides   then the question is: Why do investors seem to care? Because there's a reason to trust. You're just reading the bottom line - the target price range. More involved investors read the whole report, including the description of the current situation, the premises for the analysis, the expectations on the firm's performance and what these expectations are based on, the analysis of how the various scenarios might affect the valuation, and the evaluation of chances of these scenarios to occur. You don't have to trust everything and expect it to be 100% correct, analysts are not prophets. But you do have an option of reading their reports and critically analyzing their conclusions. What you suspect GS of doing (\"\"I tend to believe those guys just want themselves a cheap buy price a few days before Q2 earnings release\"\") is a criminal offence.\""}
{"_id": "420786", "title": "", "text": "Ah, Swedish cars.  My old 240 had some of the most ridiculous electrical problems ever.  It ate headlights and taillights like they were going out of style, and when one did go out, instead of lighting up the 'headlight' indicator, it would just light EVERY indicator up in the row (making it look like the car was about to explode).   That being said, that thing went through hell and back.  RIP."}
{"_id": "420788", "title": "", "text": "It was interesting to read the data regarding student loans, and the type of impact it has had to borrowers. The Fed did not necessarily signal the economy is in trouble, but a great deal of households don't have adequate savings to sustain against a moderate financial shock."}
{"_id": "420792", "title": "", "text": "\"I am reminded of a dozen year old dialog. I asked my 6 year old, \"\"If we call a tail a leg, how many legs does a dog have?\"\" She replied, \"\"Four, you can call it anything you want, but the dog still has four legs.\"\"  Early on in my marriage, my wife was heading out to the mall, and remarked that she was \"\"going to invest in a new pair of shoes.\"\" I explained to her that while I was happy she would have new shoes to wear, words have meaning, and unless she was going to buy the ruby red slippers Dorothy wore in the Wizard of Oz, or Elvis' Blue Suede Shoes, her's were not expected to rise in value and weren't an investment. Some discussion followed, and we agreed even the treadmill, which is now 20 years old, was not an 'investment' despite the fact that it saved us more than its cost in a combined 40 years of gym memberships we did not buy.  In the end, no one who is financially savvy calls a lottery ticket an investment, and few who buy them acknowledge that it's simply throwing money away.\""}
{"_id": "420795", "title": "", "text": "Speech is free. In and of itself it does not justify an investigation. Evidence does, and by all verifiable accounts there is no evidence of wrongdoing...otherwise they wouldn't need Meuhler to fish for it in completely irrelevant Trump family financial records from years before the election.  Here's some more data:  http://nypost.com/2017/08/15/new-report-claims-dnc-hack-was-an-inside-job-not-russia/  What does your imagination tell you this Russian collusion that supposedly took place looked like?"}
{"_id": "420807", "title": "", "text": "Senior Comfort Walk in Tubs offers the finest walk in bathtubs available, providing the ultimate in accessibility and absolute comfort. Beauty, luxury and accessibility come by way of careful design. Our contoured seat is ideal for sitting down and getting back up with ease"}
{"_id": "420810", "title": "", "text": "\"There is no numerical convention in finance that I have ever seen.  If you look at statements or reports that measure growth when the starting value is negative or zero, you typically see \"\"n/a\"\" or \"\"-\"\" or \"\"*\"\" as the result.  Any numerical result would be meaningless.  Suppose you used 100% and another company had a legitimate 150% gain - where would the 100% change rank? What do my manager and investors expect to see? As a financial analyst - I would not want to see 100%.  I would instead rather see something that indicates that the % change is meaningless.   As an example, here's the WSJ documentation on change in Net Income: Net Income percent change is the change from the same period from a year ago. Percent change is not provided if either the latest period or the year-ago period contains a net loss.  Thinking about it in another context: Yesterday you and your friend had no apples. Today you have 1 and your friend has 20.  What percentage increase did you both have? Did you both have a 100% increase? How can you indicate that your friend had a larger \"\"increase\"\"? In that case (and in finance), the context needs to turn from a percentage increase to an absolute increase.  A percentage increase is that scenario is meaningless.\""}
{"_id": "420846", "title": "", "text": "\"Your wages are an expense to your employer and are therefore 100% tax deductible in the business income.  The company should not be paying tax on that, so your double-tax scenario, as described, isn't really correct. [The phrase \"\"double taxation\"\" with respect to US corporations usually comes into play with dividends.  In that case, however, it's the shareholders (owners) that pay double.  The answer to \"\"why?\"\" in that case can only be \"\"because it's the law.\"\"]\""}
{"_id": "420851", "title": "", "text": "Yes, you are. When someone is bankrupt their assets are being sold to satisfy the creditors. Your note is an asset, and will be sold. You'll be making payments to the entity that buys it."}
{"_id": "420876", "title": "", "text": "The hell are you talking about? Yahoo doesn't own Alibaba. They owned a stake in the company they got in 2005, long before Mayer had anything to do with the company. Mayer sold off $7B of this stake in 2012, and kept ~$1.3B of that to finance more idiotic acquisitions where she'd overspend and then lay off all the staff and shut down the products she bought."}
{"_id": "420891", "title": "", "text": "\"A \"\"covered put\"\" of the form of being short, and buying at the strike price if the \"\"put ... is put\"\" (excercise), is off the table simply because you can't do shorts in the retirement account. Even if you feel you \"\"win\"\" the argument that you're hedged by being short, any broker can say, \"\"we simply forbid shorts\"\" and that's that. A \"\"covered put\"\" of the form of posting the cash, and spending it to buy at the strike price if the \"\"put ... is put\"\" (excercise), might be forbidden by brokerages because, frankly, how do you account for the \"\"dedicated\"\" cash? Is it locked down like margin is, or escrow, or what? I don't know offhand how I would address that in my very own firm. Thus, any broker could say, \"\"we forbid it\"\" and that's that. The other answers are very interesting in conjunction with this. JoeTaxpayer says, very paraphrased, 'just cuz it's legal doesn't mean we have to offer it.' Jaydles says (again, completely paraphrasing), 'complex stuff for a safe little retirement savings account;' 'difficult to administer' (as I said, how do you account for it); and 'tradition' So maybe look at Scott, per Thorn's answer, LOL. It appears that you can shop around on this issue.\""}
{"_id": "420897", "title": "", "text": "The retaining walls sydney concept of using these constructions is not new at all as spans several cultures and mostly from Asia. Modern-day advancement of technology as well as human wits have given birth to different kinds of retaining walls Sydney to help shape your paradise on earth."}
{"_id": "420906", "title": "", "text": "Summarized article: With declining sales over the last 6 years, Sears is now testing new store designs in Chicago, New York, Los Angeles and Dallas locations.   The revamping initiative is part of new Merchandising Chief Ron Boire's efforts to recapture customers lost to Wal-Mart and Target.   The store redesign will include placing best selling products, such as the Kardashian family clothing line, prominently near the entrance to the mall and cashier stations will be smaller and located throughout. Stores will also be less packed with merchandise so products will be easier for customers to find.    Additionally, Sears' website and social media sites will be revamped to make them more personalized with local ads as well as offer a customer loyalty program.  *For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit*"}
{"_id": "420915", "title": "", "text": "\"I would suggest you forget everything you learned in economics. The only applicable knowledge is Accounting 101.  Step 1: An accrual basis financial statement. There is no step 2 if you don't do this. Most small business do everything cash basis. Simpler, cheaper but useless for analysis. You would get better answers from the local fortune teller than a cash basis statement.   Make one change from the general rules. If you have debt or are paying interest for inventory include that in your cost of sales. This is actually proper but the rule is little known and often ignored. Interest on debt up to the amount of inventory is a cost of inventory.  Step 2: Gross profit. If you seem to be working hard and still losing money it may be because you are selling products for less than they cost you. In this case the more you sell the more you lose. So suggestions like advertising or doing anything to increase sales are actually destructive.  Step 3 Price products at the level necessary to turn a profit at current sales and overhead. 'When we have enough sales we will make a profit\"\" is the philosophy of a start up business. It is toxic for a going concern.  Step 4 If sales are unsustainable at the price that produces a profit have the courage to sell or close the business. I have seen people waste their lives on futile endeavors just because they can't make that tough decision.  Finally Step 0: Ignore all other suggestions but this. They are well meaning but ill informed. To reiterate, growing sales while losing money on every transaction is a huge mistake. Trends, books, charts and graphs, analytics and market research are the tools of con-men and fortune tellers. Business is arithmetic and nothing more or less.  FYI if I don't get at least one upvote, this is the last time I am giving my valuable professional advice away for free on reddit. Folks will have to rely on the suggestions of their fellow college kids.\""}
{"_id": "420925", "title": "", "text": "This world is not run by the best and the brightest.  It is run by the people who can get the best and the brightest to do what they want them to.  Humans are almost as easily manipulated as code, and not only far more lucrative, much more able to affect change in the world."}
{"_id": "420974", "title": "", "text": "\"Though it seems unintuitive, you should rationally ignore the past performance of this stock (including the fact that it's at its 52-week high) and focus exclusively on factors that you believe should affect it moving forward.  If you think it's going to go up even further,  more than the return on your other options for where to put the money, keep the stock.  If you think it's peaked and will be going down, now's a good time to sell. To put it another way: if you didn't already have this stock, would you buy it today? Your choice is just about the same: you can choose between a sum of cash equal to the present market value of the shares, OR the shares.   Which do you think is worth more? You also mentioned that you only have 10 stocks in the portfolio.  Some are probably a larger percentage than others, and this distribution may be different than what you want in your portfolio.  It may be time to do some rebalancing, which could involve selling some shares where your position is too large (as a % of your portfolio) and using the proceeds toward one or more categories you're not as invested in as you would like to be.  This might be a good opportunity to increase the diversity in your portfolio. If part of your reward and motivation for trading is emotional, not purely financial, you could sell now, mark it as a \"\"win,\"\" and move on to another opportunity.  Trading based on emotions is not likely to optimize your future balance, but not everybody is into trading or money for money's sake.  What's going to help you sleep better at night and help boost your quality of life?  If holding the stock will make you stress and regret a missed opportunity if it goes down, and selling it will make you feel happy and confident even if it still goes up more (e.g. you interpret that as further confirming that you made a good pick in the first place), you might decide that the risk of suboptimal financial returns (from emotion-based trading) is acceptable.  As CQM points out, you could also set a trailing sell order to activate only when the stock is a certain percentage or dollar amount below whatever it peaks at between the time you set the order and the time it fires/expires; the activation price will rise with the stock and hold as it falls.\""}
{"_id": "420978", "title": "", "text": "Without providing direct investment advice, I can tell you that bond most assuredly are not recession-proof.  All investments have risk, and each recession will impact asset-classes slightly differently. Before getting started, BONDS are LOANS.  You are loaning money.  Don't ever think of them as anything but that. Bonds/Loans have two chief risks: default risk and inflation risk.   Default risk is the most obvious risk. This is when the person to whom you are loaning, does not pay back.  In a recession, this can easily happen if the debtor is a company, and the company goes bankrupt in the recessionary environment. Inflation risk is a more subtle risk, and occurs when the (fixed) interest rate on your loan yields less than the inflation rate.  This causes the 'real' value of your investment to depreciate over time.   The second risk is most pronounced when the bonds that you own are government bonds, and the recession causes the government to be unable to pay back its debts.  In these circumstances, the government may print more money to pay back its creditors, generating inflation."}
{"_id": "420991", "title": "", "text": "Most patterns can be used on various time frames. For example you could use candle stick reversal patterns on monthly charts, weekly charts, daily charts or intra-day charts like one hour, or even one minute charts. Obviously if you are looking for longer term positions you would be looking at daily, weekly or monthly charts and if you are looking for shorter term positions you would be looking at intra-day to daily charts.  You can also use a combination of time frames - for example, if you are trying to enter a trade over a long-term uptrend you could use a weekly chart to determine if the stock is currently uptrending and then use a daily chart to time your entry into the trade. Most patterns in general don't really determine how long you will be in the trade but instead usually can provide an entry trigger, a stop loss location and possibly a profit target.  So in general a pattern which is being used to enter into longer term trades on weekly charts can also be used to enter shorter term trades on intra-day charts."}
{"_id": "420993", "title": "", "text": "You're correct. The VIX price is calculated based on the price of all of SPX options which are expiring (IIRC 2) weeks after the expiration of that VIX contract. It's an index measuring implied vol not realized vol.  VIX futures/options are calculated slightly differently than the VIX index."}
{"_id": "420994", "title": "", "text": "I would think that the real teeth here would be the IRS, should they look into it (and they should).  Splitting paychecks to avoid overtime also reduces taxes paid, which is large scale tax fraud, which generally leads to a sentence in gently-caress-my-bum-Federal-Penitentiary."}
{"_id": "421017", "title": "", "text": "This sort of thinking is one of the problems with economics. It's way too simplistic, and unrepresentative of how a company works. No company increases the price of a product because they hired a more expensive employee, unless said employee is dead weight.   It might be a process engineer, that right now costs the company a bit more, but 12 months down the line will improve production efficiency by at least the value of his salary. And if they improve it more, by say 200% of their salary? Product price stays the same, he gets a pat on his back from the boss, and the company increases it's profits.   And what usually happens when you nickel-and-dime your employees? They lose engagement and interest, or worst, they hire a shit employee for a shit salary and get little to no benefit from hiring."}
{"_id": "421023", "title": "", "text": "I don't see how anything you said contradicted anything I said. Those countries are still highly social-democratic, no? They are hardly as deregulated as the US, their governments provide things like universal health care, free or near-free post-secondary education, and they have regulations providing more vacation and other time off, they follow the precautionary principle wrt pollution, and so on. None of these things are being eliminated or in danger of such."}
{"_id": "421024", "title": "", "text": "\"Monopolies don't always charge more than a competitive market, this is true, but it's still anti-competitive to have a monopoly, regardless if the consumer \"\"benefits\"\" from a lower price.  I think it's important to breed competition, even in the rare cases where consumers might benefit from a lower price (In the long run, innovation would be stifled and consumers could be worse off).  I just wanted to add that comment to the discussion. I don't think it applies to this scenario, because Amazon and Whole Foods make up a whopping 3% of the retail grocery market.\""}
{"_id": "421039", "title": "", "text": "Unissued capital is only a token restriction. When a company is incorporated a maximum number of shares is specified in the legal documentation. Most companies will make this an extremely large number so they never face that limitation.  See here. You wouldn't necessarily expect the stock price to change. The reason a company issues new stock is as a way to raise capital. Although new stock is issued, the cash raised by the sale becomes an Asset on the company's balance sheet.  There's a good worked example in this Wikipedia article. Following a rights issue the Liabilities of the company will increase to account for the increase in owner's equity, but the Assets will also increase by the same amount with the cash received. Whether the stock price changes will depend upon what price the stock is issued at and on the market's opinions about the company's growth potential now it has new capital to invest.  If the new stock is issued at the same price as the current market price, there's no particular reason to expect the share price to change. Again Wikipedia has more detail. When new stock is issued it is usually offered to existing shareholders first, in proportion to their current holding.  If the shareholder decides to purchase the new stock in full then their position won't be diluted.  If they opt not to buy the new stock, they will now own a smaller percentage of the company as their stocks will make up a smaller part of the now larger number of shares."}
{"_id": "421052", "title": "", "text": "\"I don't know what angle you're trying to push or why, but are you also saying that Kenichi Ueda of the IMF and Beatrice Weder Di Mauro of the University of Mainz are similarly lacking the understanding of financial concepts when they published a [paper](http://www.imf.org/external/pubs/ft/wp/2012/wp12128.pdf) \"\"Quantifying Structural Subsidy Values for Systemically Important Financial Institutions\"\"?  Are you suggesting a similar \"\"entire shaker of salt\"\" when they \"\"estimate[d] the structural subsidy values by exploiting expectations of state support embedded in credit ratings and by using long-run average value of rating bonus\"\"?  Should we really be so skeptical when they conclude:  &gt;Section III has provided estimates of the value of the subsidy to SIFIs in terms of the overall ratings. Using the range of our estimates, we can summarize that a one-unit increase in government support for banks in advanced economies has an impact equivalent to 0.55 to 0.9 notches on the overall long-term credit rating at the end-2007. And, this effect increased to 0.8 to 1.23 notches by the end-2009 (Summary Table 8). At the end-2009, the effect of the government support is almost identical between the group of advanced countries and developing countries. Before the crisis, governments in advanced economies played a smaller role in boosting banks\u2019 long-term ratings. These results are robust to a number of sample selection tests, such as testing for differential effects across developing and advanced countries, for both listed and non-listed banks, and also correcting for bank parental support and alternative estimations of an individual bank\u2019s strength.  I ask because this article is founded on that study - linked to by Bloomberg which is then linked to in OP's Huffpo article.  While you can certainly claim that Mark Gongloff \"\"shows a basic lack of understanding\"\" of whatever, why don't you put some skin in the game and demonstrate how he somehow misses the entire point of that study, or better yet really wow us by de-bunking that study.\""}
{"_id": "421065", "title": "", "text": "All in all it's not easy to beat the perks, service, reliability and use of cutting edge technology that you get when you join any stock trading. Choose your the best online brokers for stock trading wisely. To know more about them, log on to http://www.stocktipsblog.com/"}
{"_id": "421068", "title": "", "text": "Anyone in the financial sector understands how tightly correlated federal policy changes and actions affect us.  Trillions of dollars are at risk depending on the ebb and flow of congressional mandate. I don't see a problem with having political fact or founded opinions discussed logically inasmuch as they aren't coupled with the taint of some of the garbage on ZH or other rags.    I like the rules as stated, the downvote button serves a purpose and (at least in our little community) serves it well."}
{"_id": "421096", "title": "", "text": "Hungarian Games provide the best live escape Game in  Dubai. Here you can get an immersive, live puzzle game, Football pool and more live game in which teams find clues and solve mysteries within a time limit. The lucky person is responsible for preparing and submitting the pool's entry. It will involve knowledge about the terms and plans.  Who keeps any result data up to date.It may involve a meeting at the pub to agree on the list of the other team members."}
{"_id": "421112", "title": "", "text": "dafuq did I just read.  I think this would be better explained with an excel chart because I have no idea what you just wrote.   Can you please use real numbers in a possible hypothetical case study.  I'm absolutely terrible at thinking theoretically."}
{"_id": "421114", "title": "", "text": "\"Donations, particularly those in the context of you providing a free service (software, libraries, etc.) are a notable grey area in tax code. Simply naming a button \"\"Donate\"\" doesn't necessarily classify the money transfer as a \"\"gift\"\". The IRS can decide that it's money you're being paid to continue your excellent work/service, making it taxable income (unless you're a registered non-profit organization). In the instance of Patreon, and many other crowd-funding services, you're providing a certain level of \"\"service\"\" for each tier of donations (such as early access or something, I'm not sure what you're offering), which means they're receiving consideration for their donations, which most likely makes it fall into taxable income (again, unless you're a registered non-profit organization). State tax law is even more convoluted, and you should consult your tax professional for clarification on your specific situation.\""}
{"_id": "421122", "title": "", "text": "Are you looking for a Party room event space or just to rent a venue that is unique, different and above all affordable? A nj party room and event space with light up tables, chairs, launge furniture and much much more included in your price."}
{"_id": "421136", "title": "", "text": "\"I think this phrase originates from when it was common to have an assumable mortgage.  In that case, you would \"\"take over payments\"\" and the loan would become yours.   From Investopedia: Assumable Mortgage: A type of   financing arrangement in which the   outstanding mortgage and its terms can   be transferred from the current owner   to a buyer. By assuming the previous   owner's remaining debt, the buyer can   avoid having to obtain his or her own   mortgage.\""}
{"_id": "421141", "title": "", "text": "The Keck Group is one of the few refinishing companies who do not take pews completely apart for restoration.The size of our refinishing facility and our transport trailers eliminates the need to knock down pews, and thus avert all of the problems associated with that program."}
{"_id": "421142", "title": "", "text": "I have a possibly super dumb question especially being just old enough to have had records as a kid.   Since modern recording essentially goes straight to digital at the studio level does putting it into an analog format after the fact influence the fidelity of playing off vinyl compared to the old analog recording methods?  Im not an audiophile or anything but curious if someone with an ear would ever know the difference."}
{"_id": "421148", "title": "", "text": "Disappointing, I really like my Blackberry phone. RIM is the only one that actually seems to focus on encryption/security measures. The phones also don't come with a complimentary root kit or a program that secretly records your locations and sends it back to them *cough* Apple *cough*."}
{"_id": "421169", "title": "", "text": "The hard work of working class men and women is what has made modern industry and business possible.  Unions are legal so forming one isn't going against the rule of law, and if they weren't we would of never have gotten the things we enjoy today as workers like the 8 hour day and the ban on child labor. People are not willing to be relegated to the status of serfs and will retaliate, within the legal system if they can but if they can't desperate people have been known to resort to incredible measures."}
{"_id": "421172", "title": "", "text": "\"&gt;Title leads one to believe that one complaint call cost a company four million bucks.  Actually the title is ambiguous; it merely implies that the complain call was *worth* $4 million.  You chose to *infer* that the end result was a \"\"cost\"\" rather than a \"\"gain\"\".\""}
{"_id": "421186", "title": "", "text": "\"&gt;I'm curious to know if you or any of your relatives have ever been declared as being mentally ill or having a psychological disorder.   There ARE (but only a handful) some valid \"\"mental illnesses\"\" -- but by and large the DSM is filled with little more than \"\"social scams\"\".  And as far as anecdotes, I have known quite a few people who have been \"\"diagnosed\"\" with a wide variety of so called \"\"disorders\"\" -- most of them are quite happy to accept the label, as it can then be used as a justification for their behavior and/or for claiming benefits and malingering. (No one ever said that psychology wasn't a \"\"useful\"\" fraud -- a lot of people believe and think it to be quite \"\"useful\"\" -- just as a lot of other people think astrology is.)  &gt;If most of psychology is all BS, then that just makes everyone else stupid for spending all of their money to get \"\"treated.\"\" And, really if we are that stupid (stupid enough to believe such a huge lie) I would then agree with the (25% of americans suffer from mental illness) statement because you have to be pretty stupid to be told such a huge lie and not figure it out.   And... whoever claimed that the majority of the human population were anything *but* easily duped idiots?  I certainly never have.  &gt;Another thing: if it is so easy to tell that psychology is a scam, then why is there (in general) cross-field(scholars from physics, biology, history, language, medicine, etc) acceptance of psychology as a science?   Chiefly because the majority of people in those other sciences (even the hard sciences) are rather dumb and easily duped themselves (most are mediocrities who have only \"\"rote\"\" knowledge of their own fields) -- and just as with religions, psychology/psychiatry offers a eclectic mixture of theoretical bases that they accept or reject on an ad hoc anecdotal basis, mostly without even any superficial investigation much less anything more thorough. (And in the cases where someone HAS investigated the claims/theories, the are often very easily debunked -- Cf John Ioannidis' work.)  Add in that many drugs &amp; substances (which pre-existed psychology &amp; psychiatry) ARE in fact effective in changing thoughts and behaviors (duh! that's like saying water is \"\"wet\"\") -- and which have become the main \"\"tool\"\" (and then via a pragmatic extrapolation used to create a \"\"causal\"\" theoretical basis -- the whole \"\"brain chemical imbalance\"\" malarkey -- even though there is no objective evidence to validate the theory {beyond the affect of the drugs which cannot be independent evidence, since that would be tautological -- like saying the reason water is \"\"wet\"\" is because of it's \"\"wetness properties\"\"}).\""}
{"_id": "421206", "title": "", "text": "I've noticed NPR take this turn over the last year.  The Kochs are a big ad revenue source for them,  and they've been astroturfing stories on everything right-leaning from interviewing Bannon apologists with no rebuttal to fawning over Koch brothers attempts to produce propaganda."}
{"_id": "421231", "title": "", "text": "Oh it definitely makes sense on a state level and from my experience working taxes I would say it is much more prevalent to the extent I would have to bet every Fortune 1000 company does it.  You can completely eliminate State Income Tax in many states (although states are rapidly closing the loopholes) which at corporate tax rates for most states between 6 and 8% this turns into a lot of money."}
{"_id": "421248", "title": "", "text": "Residential Construction at 362x, by the way. I'm going to hazard a guess here - Say XYZ corp trades at $100, and it's showing a normal earnings of $10 the last few years. Its industry falls on hard times, and while it makes enough to keep its doors open, profits fall to $1. The company itself is still sound, but the small earnings result in a high P/E. By the way, its book value is $110, and they have huge cash on the books along with real estate.  I offer these details to show why the price doesn't drop like a rock.  Now, biotech may be in a period of low reported earnings but with future results expected to justify the price. On one hand it may be an anomaly, with earnings due to rise, or it may be a bit of a bubble. An analyst for this sector should be able to comment if I'm on the right track."}
{"_id": "421260", "title": "", "text": "You should learn about it. Its a great program. Doctors in their residency or fellowship are on a J1 Visa. The J1 visa says they must leave the US and go home for two years before returning to the U.S. So to say foreign doctors affecting supply is not accurate. Its actually a crazy harsh rule that protects American doctors and artificially keeps Americans wages higher, because you know, the foreign doctor has to go home even if they are the best in your class. So your point about immigrants keeping wages low may be true in other cases like Tech. The problem occurs when the American doctors want to serve in metro areas with good homes, good private schools for their kids, communities, and hipster restaurants and art museums. So even though the American doctors are protected, even though Ameri an graduates wages are artifically higher because half their class was sent back to india, most of the US wont get an American born doctor even if they wanted one.  So if you're a state like Iowa, or Nebraska, or the Dekotas, and you have no major attractions to lure doctors, no art musems, no operas houses, and major shortages of doctors in your area the federal gov't gives each state 30 waivers. So if you're a hospital a couple miles outside of des moines, Iowa, it doesn't make sense to send a perfectly well trained cardiologist home  to India when you need one now. Otherwise your 20,000 people don't have a heart doctor. A program to protect American workers from foreign workers actually leads foreign workers to protect americn lives. In addition, your point about wages is wrong. Rural areas across the US pay the most because they are the most desperate. The supply of doctors wanting to practice in LA, Chicago,New York is very high, so the compensation is actually low. Its the rural doctors in small town America making in the 90th percentile. Many of them reject the great money on offer because who wants go practice in a town in the middle of nevada. The numbers are produced by MGMA. Your point about medical schools not increasing class sizes in correct. That is a problem. However, that is not without consequence. We have seen Nurse Practitioners scope of medicine begin to creep into family doctors scope to med schools refuse to increase class sizes. So because their is such a shortage, practices and clinics now are hiring NP's which affects supply and hurts wages of primary care doctors. So foreign doctors are not causing wages to go down. Infact, if you were an American family doctor your main worry is American nurse practitioners. MGMA provides all the data on this for you to enjoy lol in summary, i get it. I own a business. Supply and demand is everything. But with medicine its complicated. Small town Alabama needs a doctor too. Sunjab, whos actually a world class neurosurgeon that could be working at the Mayo Clinic chooses to practice in small town Alabama just to stay here. That small town gets a doctor! Sunjab doesnt have to go home. Foreigners are not always the enemy of capitalism. Sometimes they keep it alive. Pay attention next time you are in a small town. That foreign doctor is probably awesome!"}
{"_id": "421268", "title": "", "text": "The best advice I can give you is to ignore gold right now. You really don't and can't have all the information you would need to support an argument for shorting gold.  How much fiat cash have the central banks injected into the word economy? Billions? Trillions? Tens of Trillions? Maybe not much at all as the banks repay overnight?   Anyway.. Without going on a full on rant why would you touch gold on a short? I can understand speculating on long position based on all the news out there but I'd hesitate to be a contraian in this market.  Just find a nice little company that makes money, has a good product and a pretty little balance sheet. It will take longer to research but fuck if I'm betting on a huge drop in gold any time soon.  What reasons do you have to believe gold is headed for any significant slide?"}
{"_id": "421282", "title": "", "text": "Earnings per share are not directly correlated to share price. NV Energy, the company you cited as an example, is an electric utility. The growth patterns and characteristics of utilities are well-defined, so generally speaking the value of the stock is driven by the quality of the company's cash flow. A utility with a good history of dividend increases, a dividend that is appropriate given the company's fiscal condition, (ie. A dividend that is not more than 80% of earnings) and a good outlook will be priced competitively. For other types of companies cash flow or even profits do not matter -- the prospects of future earnings matter. If a growth stock (say Netflix as an example) misses its growth projections for a quarter, the stock value will be punished."}
{"_id": "421285", "title": "", "text": "Invest in an etf called SPXS and hope for a market correction in the next month. Or if you know a lot about markets and trends, select from this list of leveraged etfs available from Direxion."}
{"_id": "421295", "title": "", "text": "There are certainly bumps along the way. But any combination of these methods can produce positive results. I have been chasing each of these for my whole career, some with more success than others. But i'm still chipping away at it."}
{"_id": "421301", "title": "", "text": "\"Worksheets/ Documentation: (From my experience filing my business deductions through several tax preparers.) Keep all your calculations, but only submit the calculations and worksheets requested by the tax form. Most travel deductions are just a category total. If the IRS wants more info, it will ask for it. Information from the book Home Business Tax Deductions (from Nolo) (2012): Traveling with kids: In chapter 9 (\"\"Leaving Town: Business Travel\"\"), in the section \"\"Taking People With You\"\", it specifically discusses your situation. Paraphrasing, it says that you can deduct the amount any eligible expenses would have cost you if you were traveling without your kids. So, you can deduct the cost the smaller hotel room that you and your wife would have normally rented if you were alone.  How your side trips affect your business deductions: According to the book, since you spent 50% or more of your time on business activities while traveling in the U.S.: Deducting meals shared with your kids: You can deduct meals as either entertainment or travel expenses.  I would recommend you buy one of Nolo's books on deductions, as it goes into much more detail than I do here.\""}
{"_id": "421311", "title": "", "text": "What it means is that the stock has already moved down. Options and other derivatives follow the price of the underlying they are not a precursor to what the underlying is going to do. In other words, the price of a derivative is derived from the underlying."}
{"_id": "421348", "title": "", "text": "Well i'm not saying it will be terrible, i could have said this wrong but it might be terrible. Dollar is not the international currency just in oil but mostly everything. Different countries uses dollar to trade, this is one of the core reasons of US economy being the strongest. US should not be tolerant about this sort of stuff since if this trend continuous it could be disastrous."}
{"_id": "421363", "title": "", "text": "\"If you really like problem solving, have you looked into consulting? Management consulting companies love hiring engineering/science/math majors because of the skill set. [If you are potentially interested in the more \"\"pure\"\" finance careers, i.e. banking/trading, the previous advice is sufficient]\""}
{"_id": "421365", "title": "", "text": "Solar water heaters are definitely worth the money (if you live in sunny states like South-South-West or Hawaii, at least). In some countries (like Greece, Cyprus and Israel, to name a few) most people use hot water from the solar heaters almost exclusively. I pay $30-$40 a month to PG&E for the privilege. Unfortunately, in the US these heaters are much more expensive than they are in the more advanced European countries, so all the savings go to drain because of the vast price difference ($300 for a gas heater vs $2000 for a solar heater)."}
{"_id": "421366", "title": "", "text": "I am 22 and was asking the same questions at age 18. I first started by getting a small credit card and paying it off before the end of each month. I use this credit card for groceries/gas small expenses. Then when I built up my credit more I then began to look for loans for expensive cars. The first being around 22k, the second around 41k. You may want to look at buying a much cheaper car. I would suggest that you look into starting a small credit card and get into a habit of paying it off every month and paying off your loans.  I would suggest saving as much money as possible to buy a car, the less amount of money you need to borrow the better. Having good credit is great, but nobody turns down people who wish to buy with cash."}
{"_id": "421371", "title": "", "text": "\"It's been said before, but to repeat succinctly, a company's current share price is no more or less than what \"\"the market\"\" thinks that share is worth, as measured by the price at which the shares are being bought and sold. As such, a lot of things can affect that price, some of them material, others ethereal. A common reason to own stock is to share the profits of the company; by owning 1 share out of 1 million shares outstanding, you are entitled to 1/1000000 of that company's quarterly profits (if any). These are paid out as dividends. Two key measurements are based on these dividend payments; the first is \"\"earnings per share\"\", which is the company's stated quarterly profits, divided by outstanding shares, with the second being the \"\"price-earnings ratio\"\" which is the current price of the stock divided by its EPS. Your expected \"\"yield\"\" on this stock is more or less the inverse of this number; if a company has a P/E ratio of 20, then all things being equal, if you invest $100 in this stock you can expect a return of $5, or 5% (1/20). As such, changes in the expected earnings per share can cause the share price to rise or fall to maintain a P/E ratio that the pool of buyers are willing to tolerate. News that a company might miss its profit expectations, due to a decrease in consumer demand, an increase in raw materials costs, labor, financing, or any of a multitude of things that industry analysts watch, can cause the stock price to drop sharply as people look for better investments with higher yields. However, a large P/E ratio is not necessarily a bad thing, especially for a large stable company. That stability means the company is better able to weather economic problems, and thus it is a lower risk. Now, not all companies issue dividends. Apple is probably the most well-known example. The company simply retains all its earnings to reinvest in itself. This is typically the strategy of a smaller start-up; whether they're making good money or not, they typically want to keep what they make so they can keep growing, and the shareholders are usually fine with that. Why? Well, because there's more than one way to value a company, and more than one way to look at a stock. Owning one share of a stock can be seen quite literally as owning a share of that company. The share can then be valued as a fraction of the company's total assets.  Sounds simple, but it isn't, because not every asset the company owns has a line in the financial statements. A company's brand name, for instance, has no tangible value, and yet it is probably the most valuable single thing Apple owns. Similarly, intellectual property doesn't have a \"\"book value\"\" on a company's balance sheet, but again, these are huge contributors to the success and profitability of a company like Apple; the company is viewed as a center of innovation, and if it were not doing any innovating, it would very quickly be seen as a middleman for some other company's ideas and products. A company can't sustain that position for long even if it's raking in the money in the meantime. Overall, the value of a company is generally a combination of these two things; by owning a portion of stock, you own a piece of the company's assets, and also claim a piece of their profits. A large company with a lot of material assets and very little debt can be highly valued based solely on the sum of its parts, even if profits are lagging. Conversely, a company more or less operating out of a storage unit can have a patent on the cure for cancer, and be shoveling money into their coffers with bulldozers.\""}
{"_id": "421379", "title": "", "text": "Simply staying out of debt is not a good way of getting a good credit score.  My aged aunt has never had a credit card, loan or mortgage, has always paid cash or cheque for everything, never failed to pay her utility bills on time.  Her credit score is lousy because she has never had any debts to pay off so there is no credit history data for her.  To the credit checking agencies she barely exists.  To get a good score (UK) then get a few debts and pay them off on time."}
{"_id": "421380", "title": "", "text": "I feel crazy and unproductive and I think my time in service has a lot to do with it. I have no clue where to go, my previous experiences with the VA led nowhere. Do you know where  I can go other than the VA?"}
{"_id": "421389", "title": "", "text": "\"People were highly suspicious of stuff like vaccines at first. But that's pretty much standard for the developed world now. If everybody does it, then it will be cheap (mass production). It will probably even be government provided like public education. We have some basic \"\"enchancements\"\" like contact lenses and glasses to fix our vision and dental work to fix our teeth. I'm sure many handicapped people would want enhanced arms or legs, whether it is an endoskeleton or engineered muscle or whatever, if it will allow them to walk and use their limbs.  And if you think about the amount of pills ordinary people take these days (cholesterol, blood pressure, blood sugar, sexual performance or birth control), we are already getting a lot of chemical enchancements. Life expectancy didn't go up about 20 years for no reason. All natural means having no teeth and dying in your 20s-30s.\""}
{"_id": "421395", "title": "", "text": "I mean I have no criminal record, I don't do drugs, and I'm a stand up employee (no missed days, no write ups, outstanding on every review) but they did do a Credit check. I have a bankruptcy on my report from a couple years ago, but I'm not going to have a job dealing with money, so I'm not sure they'll even look at mine. Maybe it's just a universal thing?   Should I just tell me boss that I accepted an offer and to expect their call, however I'm NOT putting in a notice at this time?"}
{"_id": "421417", "title": "", "text": "Food Stores are communal places too. Its where i meet half my local town folk. Might be different in cities, but im not going online to shop for food. I also wanna check the quality of produce before i buy it."}
{"_id": "421435", "title": "", "text": "\"1. Medicare Part-D is not Trump fault, for, at least, the last 8 years. Trump wants the national health care system to work, cheaper and better. **But, still, you have to be against Trump despite him yet to do anything about this and not able to do anything because of Democrats and some betraying Republicans.**  2. Global Warming, is the exact same thing. Not Trump fault. The Paris Accords are not fair to the USA, so that's the end of them. Trump is not against anything that reduce pollution and emissions.  I see who I have to deal here with: you are true member and zealot of the Church of Climatology.  And you just did the work yourself to prove what I just said.  &gt;&gt;Do you have any idea what will happen in the world, 20-30 years from now, when we stop raising cows, pigs, goats and sheep?  &gt; That would be great but that won't be enough to stop global warming. It is also may never come to pass so it is a bad idea to do nothing today expecting technology to fix our problem tomorrow.  So on one hand you say technology will not stop \"\"global warming\"\" and on the other hand you want to use technology to stop \"\"global warming\"\".  Make up your mind!  If global warming is man-made, then technology caused it and technology will solve it.  &gt; President Trump should be implementing a plan and taking steps to minimize the damage in the future. Instead he is ignoring the problem and rolling back what few preparations Obama made.  You just made it up! Trump is against stopping pollution and emissions? Or, again, you just concentrate on the terrible Paris Accords rejected by Trump?\""}
{"_id": "421455", "title": "", "text": "\"The policy you quoted suggests you deposit 6% minimum. That $6,000 will cost you $4,500 due to the tax effect, yet after the match, you'll have $9,000 in the account. Taxable on withdrawal, but a great boost to the account.  The question of where is less clear. There must be more than the 2 choices you mention. Most plans have 'too many' choices. This segues into my focus on expenses. A few years back, PBS Frontline aired a program titled The Retirement Gamble, in which fund expenses were discussed, with a focus on how an extra 1% in expenses will wipe out an extra 1/3 of your wealth in a 40 year period. Very simple to illustrate this - go to a calculator and enter .99 raised to the power of 40. .669 is the result. My 401(k) has an expense of .02% (that's 1/50 of 1%) .9998 raised to the same 40 gives .992, in other words, a cost of .8% over the full 40 years. My wife and I are just retired, and will have less in expenses for the rest of our lives than the average account cost for just 1 year.  In your situation, the knee-jerk reaction is to tell you to maximize the 401(k) deposit at the current (2016) $18,000. That might be appropriate, but I'd suggest you look at the expense of the S&P index (sometime called Large Cap Fund, but see the prospectus) and if it's costing much more than .75%/yr, I'd go with an IRA (Roth, if you can't deduct the traditional IRA). Much of the value of the 401(k) beyond the match is the tax differential, i.e. depositing while in the 25% bracket, but withdrawing the funds at retirement, hopefully at 15%. It doesn't take long for the extra expense and the \"\"holy cow, my 401(k) just turned decades of dividends and long term cap gains into ordinary income\"\" effect to take over. Understand this now, not 30 years hence.  Last - to answer your question, 'how much'? I often recommend what may seem a cliche \"\"continue to live like a student.\"\" Half the country lives on $54K or less. There's certainly a wide gray area, but in general, a person starting out will choose one of 2 paths, living just at, or even above his means, or living way below, and saving, say, 30-40% off the top. Even 30% doesn't hit the extreme saver level. If you do this, you'll find that if/when you get married, buy a house, have kids, etc. you'll still be able to save a reasonable percent of your income toward retirement.  In response to your comment, what counts as retirement savings? There's a concept used as part of the budgeting process known as the envelope system. For those who have an income where there's little discretionary money left over each month, the method of putting money aside into small buckets is a great idea. In your case, say you take me up on the 30-40% challenge. 15% of it goes to a hard and fast retirement account. The rest, to savings, according to the general order of emergency fund, 6-12 months expenses, to cover a job loss, another fund for random expenses, such as new transmission (I've never needed one, but I hear they are expensive), and then the bucket towards house down payment. Keep in mind, I have no idea where you live or what a reasonable house would cost. Regardless, a 20-25% downpayment on even a $250K house is $60K. That will take some time to save up. If the housing in your area is more, bump it accordingly.  If the savings starts to grow beyond any short term needs, it gets invested towards the long term, and is treated as \"\"retirement\"\" money. There is no such thing as Saving too much. When I turned 50 and was let go from a 30 year job, I wasn't unhappy that I saved too much and could call it quits that day. Had I been saving just right, I'd have been 10 years shy of my target.\""}
{"_id": "421467", "title": "", "text": "\"&gt; The company song was a complete shock to me and I found it to be one of the creepiest things ever devised.  Wow, that is creepy.  I'm really shocked that any company would actually do this.  It's like rubbing it in your face - \"\"We're going to further strip you of your dignity, and crush your soul, and there's nothing you can do about it!\"\"  It's like being asked to attend HS pep-rallies well into adulthood.  Yuck.\""}
{"_id": "421470", "title": "", "text": "So is it weird that I write my check to the name of the company on the power plant?  I cannot for the life of me see any of the middle men in my distribution channel.  Where I am, you usually get power right from the big energy company (Xcel in my case) or if you live out of town you can opt for the co-op (that buys from Xcel).  The co-op is in theory the better deal because they can negotiate larger volume pricing and all profit from the co-op goes to its members, but there aren't very many steps either way.  edit: after a bit of digging, my power provider is also a buyer, but most definitely the owner of a large nuclear plant near me."}
{"_id": "421503", "title": "", "text": "\"Basically, these guys break all your eggs then try to make an omelet.  Your lender(s) must really believe that you have no ability to pay before they'll settle, which generally entails not paying them until your creditworthiness is in the tank.  Bankruptcy laws exist for a reason.  If your credit is in the tank, you can't make your payments and you're shopping to settle your debts, it's not likely a bankruptcy would worsen your situation; in fact, quite the opposite.  But, people have hugely negative feelings toward bankruptcy and don't want to be called a \"\"deadbeat\"\", these services prey on those people.\""}
{"_id": "421505", "title": "", "text": "Walmart is evolving their online because they have to, not because it's profitable. They are still trying to figure out a way to get you in the store because impulse purchases lead profits. Amazon has an incredibly long way to go before they are actually a threat to Walmart. Look at the profit numbers, Amazons profit is primarily AWS. Retail profit is driven by 3rd party.   If Walmart wants to crush Amazon retail, they can, but won't until it's absolutely neccessary. Walmart can already deliver goods in 30 minutes to 90% of the US, but right now it's more profitable to try and do everything possible to get you in store. If they open their logistics to 3rd party and clone FBA then that will be huge."}
{"_id": "421512", "title": "", "text": "It's past midnight so we'll continue this tomorrow.   Just two things for now: 1 funny how you picked the highest estimate for the US and the lowest estimate for the UK  2 if anyone expresses wishful thinking it's you. None of the benefits you mentioned will happen. I live in a country with UH. You'll still have the same problems, except that you get a hefty tax increase on top and end up shoving 50-60% of your income down the state's throat in addition."}
{"_id": "421535", "title": "", "text": "There is no absolute answer to this as it depends on your particular situation, but some tips: As to investing versus saving, you need to do some of both: Be careful about stockpiling too much in bank accounts. Inflation will eat that money up over time to the tune of 3-4%/year. You are young and have a longer investment horizon for retirement, take advantage of that and accept a little more risk while you can."}
{"_id": "421538", "title": "", "text": "Start by paying down any high interest debt you may have, like credit cards.  Reason being that they ultimately eat into any (positive) returns you may have from investing.  Another good reason is to build up some discipline.  You will need discipline to be a successful investor. Educate yourself about investing. The Motley Fool is probably still a good place to start.  I would also suggest getting into the habit of reading the Wall Street Journal or at the very least the business section of the New York Times.  You'll be overwhelmed with the terminology at first, but stick with it.  It is certainly worth it, if you want to be an investor.  The Investor's Business Daily is another good resource for information, though you will be lost in the deep end of the pool with that publication for sure.  (That is not a reason to avoid getting familiar with it.  Though at first, it may very well be overkill.) Save some money to open a brokerage account or even an IRA.  (You'll learn that there are some restrictions on what you can do in an IRA account.  Though they shouldn't necessarily be shunned as a result.  Money placed in an IRA is tax deductible, up to certain limits.) ????? Profit! Note: In case you are not familiar with the joke, steps 4 & 5 are supposed to be humorous.  Which provides a good time to bring up another point, if you are not having fun investing, then get out.  Put your money in something like an S&P 500 index fund and enjoy your life. There are a lot more things to say on this subject, though that could take up a book.  Come back with more questions as you learn about investing. Edit: I forgot to mention DRIPs and Investment Clubs.  Both ideas are suggested by The Motley Fool."}
{"_id": "421575", "title": "", "text": "Are financial institutions less likely to lend me money because of my age Yes.  But they are especially unlikely to loan you money because you have little income.   or because they know I avoid interest by paying things off aggressively? This won't affect them.  But you might ask yourself how much credit history you have.  Credit history can include all of loans, credit cards, rent, utilities, etc.  You mention three loans.  But you don't mention rent or utilities.  You may simply not have much credit history, even if what you do have is good.   But again, the biggest thing that they will look at is your income history.  If you have a small income, then it doesn't matter what your payment history is.  They don't want to loan money to people who need money.  They want to loan money to people who don't need to borrow but are instead bringing a future purchase into the present.   The ideal recipient is someone who has a high income and spends it all every month.  Such a person is likely to borrow heavily but be able to keep up the payments.   Obsessing about your ability to borrow is probably the wrong approach.  Instead focus on how you can meet your goals without borrowing.  Eventually your ability to pay will catch up.  Then they'll offer you money.  Of course, you might not need it then.   Note that when I say little income, I'm talking about their perspective.  You may be fully on track and making decent money or even very good money for your age.  But they're looking for people who are mature in their careers and regularly bringing home large sums but who spend it faster than they can get it."}
{"_id": "421586", "title": "", "text": "Don't steal from the 401k. If you take the money out, you'll pay 28% in taxes and 10% in penalties -- only getting $12,960 out. Before you do anything, consult an online refi calculator to make sure you'll be in the house beyond the break-even point. With the numbers you've given and some reasonable guesses I made, it looks like you'll break even within a year. If your new employer's plan allows for loans, roll it into the new plan. Based on what you say you're putting in, you should be able to take a loan out of about $15-20k, which would get you to your LTV goal. Before you do this, calculate: and make sure you will comfortably be able to handle all of the payments. Make sure you're aware of the loan terms on your 401k loan. Understand the penalties associated with failing to make timely payments. Finally, beware of sinking all of your liquid cash into this -- how will you handle an emergency that comes up soon after closing on the new loan before you have a chance to rebuild your emergency fund?"}
{"_id": "421618", "title": "", "text": "\"I was just reading Consumer Reports' December 2009 issue.  The issue's focus is electronics, and there was a small section on extended warranties in the \"\"Best electronics\"\" article.  Here's what they said: Extended warranties still aren't   worth buying Seven in 10   respondents to our survey on buying   major electronics reported they were   pitched an extended warrranty.    However hard they're sold, extended   warranties are generally bad   investments.  Most electronics   products won't need a repair,   especially if you choose brands that   have fared better than others in the   reliability ratings we include in this   section.  In the unlikely event they   break, other Consumer Reports survey   data has shown,  the average repair   bill is often comparable with the cost   of a warranty. However, buying   a plan that includes accidental damage   might be worth considering for a   laptop or netbook that you'll use a   lot on the go.  And buying a computer   warranty that extends tech support,   too, might make sense if you or a gift   recipient could use a lot of   hand-holding. [...] Paying   with your credit card might   automatically double the   manufacturers' warranty and offer   other benefits at no extra cost   [...] Seven in 10   respondents to our survey on buying   major electronics reported they were   pitched an extended warrranty.    However hard they're sold, extended   warranties are generally bad   investments.  Most electronics   products won't need a repair,   especially if you choose brands that   have fared better than others in the   reliability ratings we include in this   section.  In the unlikely event they   break, other Consumer Reports survey   data has shown,  the average repair   bill is often comparable with the cost   of a warranty. However, buying   a plan that includes accidental damage   might be worth considering for a   laptop or netbook that you'll use a   lot on the go.  And buying a computer   warranty that extends tech support,   too, might make sense if you or a gift   recipient could use a lot of   hand-holding. [...] Paying   with your credit card might   automatically double the   manufacturers' warranty and offer   other benefits at no extra cost   [...] BTW, I like Consumer Reports and I am a long-time subscriber.  Check them out if you haven't before.\""}
{"_id": "421621", "title": "", "text": "I'm no expert but I don't think it'll take to 2040 will have 54% of sales.. Once full EV's cost 25k there isn't any reason to buy a gasoline car, the gas savings alone will be cheaper let alone repairs, oil change, filters, and they're already at 35k."}
{"_id": "421622", "title": "", "text": "As the offshore planning world turns, the limited liability company (\u201cLLC\u201d) is starting to appear with greater frequency as an alternative to the conventional offshore asset protection trust.  It is desirable because unlike the offshore trust, which requires an independent trustee, the LLC permits the client to remain in full control as the Manager of the entity.  While the typical offshore trust provides the highest form of asset protection, the asset protection afforded by the LLC is significant, and with retained control, provides a powerful combination.  Recently, St. Vincent and the Grenadines as well as Nevis, have sought to improve their legislation by offering superior LLC statutes.  Each is progressive and will be desirable for planners and clients alike."}
{"_id": "421639", "title": "", "text": "That would have been a good idea.  They don't charge interest on a $0 balance, but if you payoff your account after the cycle date, there is a hidden balance and that balance will accrue interest. It is only a few cents a day.  I just don't think it is legal for them to refuse to provide you a payoff quote mid cycle. I'm almost certain. When I worked for Discover it was a key point in training to not give the wrong amount and to make sure to use the calculator in the system to quote a daily balance, how much it goes up per day, and how much they should send if they were mailing the payment, giving consideration for the time it takes to receive/process the payment."}
{"_id": "421652", "title": "", "text": "First, if it is in any way a joint account, the debt usually goes to the surviving person. Assets in joint accounts usually have their own instructions on how to disperse the assets; for example, full joint bank accounts usually immediately go to the other name on the account and never become part of the estate. Non-cash assets will likely need to be converted to cash and a fair market valuation shown to the probate court, unless the debts can be paid without using them and they can be transferred to next of kin. If, after that, the deceased has any assets at all, there is usually (varies by state) a legally defined order in which debtor types must be paid. This is handled by probating the estate. There is a period during which you publish a death notice and then wait for debt claims and bills to arrive. Then pay as many as possible based on the priority, and inform the others the holder is deceased and the estate is empty. This sometimes needs to be approved by a judge if the assets are less than the debts. Then disperse remaining assets to next of kin. If there are no assets held by just the deceased, as you get bills you just send a certified copy of the death certificate, tell them there is no estate, then forget about them. A lawyer can really help in determining which need to be paid and to work through probate, which is not simple or cheap. But also note that you can negotiate and sometimes get them to accept less, if there are assets. When my mother died, the doctors treating her zeroed her accounts; the hospitals accepted a much reduced total, but the credit cards wanted 100%."}
{"_id": "421656", "title": "", "text": "Yeah, the VAT adds more fairness between who gets the taxes, but is only offset by it being more complicated and needing more bureaucracy. I think it's an interesting idea. If I were a policy analyst I'd like to see what costs are vs. benefit."}
{"_id": "421688", "title": "", "text": "It's not enough just to check if your order doesn't exceed 10% of the 20 day average volume. I'll quote from my last answer about NSCC illiquid charges: You may still be assessed a fee for trading OTC stocks even if your account doesn't meet the criteria because these restrictions are applied at the level of the clearing firm, not the individual client. This means that if other investors with your broker, or even at another broker that happens to use the same clearing firm, purchase more than 5 million shares in an individual OTC stock at the same time, all of your accounts may face fees, even though individually, you don't exceed the limits. The NSCC issues a charge to the clearing firm if in aggregate, their orders exceed the limits, and the clearing firm usually passes these charges on to the broker(s) that placed the orders. Your broker may or may not pass the charges through to you; they may simply charge you significantly higher commissions for trading OTC securities and use those to cover the charges.  Since checking how the volume of your orders compares to the average past volume, ask your broker about their policies on trading OTC stocks. They may tell you that you won't face illiquid charges because the higher cost of commissions covers these, or they may give you specifics on how to verify that your orders won't incur such charges. Only your broker can answer this with certainty."}
{"_id": "421696", "title": "", "text": "It is better to have it than to not have it, but the valued added is very marginal. Also, you can't get the CFA charter without work experience in the finance field (I think 5 years) so people doing a career change cannot get the CFA charter. The most value actually comes from passing the CFA level 1. It is a big signal that you are interested (it is evidence of interest rather than just a statement of interest), because it is expected to take 300 hours of studying from someone with no financial experience to pass it (i.e. it's like taking ~3 finance courses in college)."}
{"_id": "421698", "title": "", "text": "Back in college my D&amp;D group would go because they had half price appetizers after 10 PM. We'd each order one or two and share.  (It was also the only restaurant open after 10PM other than fast food.)"}
{"_id": "421705", "title": "", "text": "It depends on your bank's terms (which may in turn be influenced by laws and regulations), but most banks calculate interest on a per-day basis, so if you leave the money in the account for more than a day, it will generate interest. However, it will most likely be so little that you could make more money doing any kind of paid work in the time it took you to write this question..."}
{"_id": "421706", "title": "", "text": "I work in corporate credit specializing in financial fraud in Asia/CIS. Had one project where the team went full Wolf of Wall Street on the client's payroll. Lots of corruption. It's probably more widespread and open here compared to the US due to weaker legal system. It looks very professional for most, but once you get very close to people who make the decisions, you start seeing and hearing things."}
{"_id": "421710", "title": "", "text": "So what was Choi's plan here? Did he intend to develop a real product and he strung along employees while trying (and failing) to find investors, or were the employees collateral damage in a wider scheme to defraud investors using a for-appearances-only start-up?"}
{"_id": "421724", "title": "", "text": "Many exchanges trade the same securities.  An order may be posted to a secondary exchange, but if the National Best Bid and Offer data provider malfunctions, only those with data feeds from that exchange will see it. Only the data provider for the primary exchange where a stock is listed provides the NBBO. Missing orders are very common with the NBBO data providers.  NASDAQ's order consolidator has had many failures over the past few years, and the data provider's top executive has recently resigned. Brokers have no control over this system.  A broker may be alerted to a malfunction by an accountholder, but a broker may only inform the relevant exchange and the relevant data provider."}
{"_id": "421736", "title": "", "text": "At this time there is one advantage of having a 30 year loan right now over a 15 year loan.  The down side is you will be paying 1% higher interest rate. So the question is can you beat 1% on the money you save every month. So Lets say instead of going with 15 year mortgage I get a 30 and put the $200 monthly difference in lets say the DIA fund.  Will I make more on that money than the interest I am losing?  My answer is probably yes.  Plus lets factor in inflation.  If we have any high inflation for a few years in the middle of that 30 not only with the true value of what you owe go down but the interest you can make in the bank could be higher than the 4% you are paying for your 30 year loan.   Just a risk reward thing I think more people should consider."}
{"_id": "421743", "title": "", "text": "\"never carry a balance on a credit card. there is almost always a cheaper way to borrow money. the exception to that rule is when you are offered a 0% promotion on a credit card, but even then watch out for cash advance fees and how payments are applied (typically to promotional balances first). paying interest on daily spending is a bad idea. generally, the only time you should pay interest is on a home loan, car loan or education loan.  basically that's because those loans can either allow you to reduce an expense (e.g. apartment rent, taxi fair), or increase your income (by getting a better job). you can try to make an argument about the utility of a dollar, but all sophistry aside you are better off investing than borrowing under normal circumstances. that said, using a credit card (with no annual fee) can build credit for a future car or home loan. the biggest advantage of a credit card is cash back. if you have good credit you can get a credit card that offers at least 1% cash back on every purchase.  if you don't have good credit, using a credit card with no annual fee can be a good way to build credit until you can get approved for a 2% card (e.g. citi double cash). additionally, technically, you can get close to 10% cash back by chasing sign up bonuses. however, that requires applying for new cards frequently and keeping track of minimum spend etc. credit cards also protect you from fraud. if someone uses your debit card number, you can be short on cash until your bank fixes it.  but if someone uses your credit card number, you can simply dispute the charge when you get the bill. you don't have to worry about how to make rent after an unexpected 2k$ charge. side note: it is a common mis-conception that credit card issuers only make money from cardholder interest and fees. card issuers make a lot of revenue from \"\"interchange fees\"\" paid by merchants every time you use your card. some issuers (e.g. amex) make a majority of their revenue from merchants.\""}
{"_id": "421746", "title": "", "text": "\"I think anyone will agree that the \"\"optimal\"\" rate of taxation is the goal but what is optimal? It depends on your scoring metrics, the optimal solution to one problem might not be the optimal solution for another.   You bring up the Feds but that confounds the issue because now we have to talk about monetary policy, taxation is fiscal policy   In general lowering taxes increases capital investment regardless of the investment rate, the firm has more money they are going to spend it somewhere\""}
{"_id": "421752", "title": "", "text": "\"Basically, in any financial system that features fractional reserve banking, the monetary supply expands during times of prosperity. Stable, low inflation of 2-4% keeps capital available while keeping the value of money stable. It also discourages hoarding of wealth. Banks aren't vaults. They take deposits and make an explicit promise to repay the depositor on demand. Since most depositors don't need to withdraw money regularly, the lend out the money you deposited and maintain a reserve sufficient to meet daily cash needs. When times are good, banks lend to people and businesses who need capital, who in turn do things that add value to the overall economy. When times are bad, people and businesses either cannot get capital or pay more for it, which reduces the number of times that money changes hands and has a negative impact on the wider economy. People who are trying to sell you commodities or who have a naive view of how the economy actually works decry the current monetary system and throw around scary words like \"\"fiat currency\"\" and \"\"inflation is theft\"\". What these people don't realize is that before the present system, where the value of money is based on promises to repay, the gold and silver backed systems also experienced inflation. With gold/silver based money, inflation was driven by discoveries of gold and silver deposits\""}
{"_id": "421760", "title": "", "text": "Almost any kind of tax will cause market distortions; if market distortions discourage activities which would have produced wealth, society will lose out not only on the money which was taken by the tax, but also on the wealth which could have been, but wasn't, produced. If those setting tax policy seek to maximize the amount of revenue that is made available for each dollar that the tax costs society, taxing money which is being used to produce more wealth will go against that goal.  Further, most of the things that companies do with their money to produce wealth end up generating taxable income for someone.  If a company deducts from its taxes the money it pays to an employee who then has to pay taxes on that money, the government ends up collecting about the same taxes as it would collect if the company didn't hire the employee (and thus didn't take the deduction). The effects of taxes on markets should be one of the most important factors considered when setting tax policy; if one tax would cost society $1.05 for every dollar raised, and another would cost society $5.00 for every dollar raised, a wise policy would favor the first over the second.  Unfortunately, politics often dominates over economic rationality."}
{"_id": "421769", "title": "", "text": "If the portfolio itself is taxable, then yes; if you have two stocks and you're rebalancing them, without using new cash, you are forced to sell one stock to buy another. That sale is taxable, unless you're in some sort of tax deferred/deductible account, such as an IRA.   If you're talking about you being in a mutual fund and the fund itself rebalances, the same rules apply as above, though indirectly; you'll have capital gains realized and distributed to you, those gains will be taxed unless, again, your account is a retirement account."}
{"_id": "421780", "title": "", "text": "I learned this from a business book on managing people, but I think it applies equally well here.  You can't put in what God left out of people. I know several people with this mentality about money and you simply have to make your sculpture out of the clay you have.  In this case, however, it seems that ship has sailed, considering it is your ex and you aren't on speaking terms. That would make it even harder, and it is debatable about whether it is your prerogative to even try. Just focus on the kids and make it clear to your wife that she needs to be providing the basics (food, shelter, heat, etc.) and don't escalate that unless it becomes a danger to the kids.  In a non-judgmental way (towards your wife) I'd use it as an opportunity to teach your kids about financial responsibility and the dangers of overspending and get-rich quick schemes. It sounds like they have an example in their lives of the consequences of two very different ways of managing one's finances."}
{"_id": "421799", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.pbs.org/newshour/updates/decades-pushing-bachelors-degrees-u-s-needs-tradespeople/) reduced by 94%. (I'm a bot) ***** &gt; In California&amp;#039;s community colleges it&amp;#039;s dropped to 28 percent from 31 percent since 2000, contributing to a shortage of trained workers with more than a high school diploma but less than a bachelor&amp;#039;s degree.  &gt; If a region needs respiratory therapists, for example, community colleges will be able to avoid some of the red tape that previously hampered their flexibility to train new therapists.  &gt; Some on the industry side of the equation say that while colleges should have spent the past few decades building tighter bonds with local companies, those companies share the blame for vocational education&amp;#039;s tattered reputation.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x97ep/after_decades_of_pushing_bachelors_degrees_us/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~202084 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **college**^#1 **education**^#2 **work**^#3 **vocational**^#4 **school**^#5\""}
{"_id": "421803", "title": "", "text": "If it is a well known company that wants to give you a refund, I would not worry about giving them your credit card number.  However, I would never type my credit card number into an e-mail message. E-mail messages are very insecure, and can be read by many people along its way to the destination. They also can be archived in many places, meaning that your number will continue to be posted out there for someone to grab in the future.  If you need to give this company your credit card number, do it over the phone.  Having said that, ultimately you are not generally responsible for fraudulent charges if your card number is stolen and misused. I've had so many fraudulent charges, despite my being relatively careful with my number, that I don't really worry much anymore about losing my number. I just check my statement for false charges, and when they happen,  the bank cancels the charge and issues me a new number. It has happened to either my wife or I maybe 5 times over the last two years."}
{"_id": "421814", "title": "", "text": "Oklahoma isn't my home state and I will move but to where hell if I know. Still got to get pass the can't afford to move part. And screw the Democrats they are just much to blame. All our politicians are bought and paid for. Going get worse before it gets better."}
{"_id": "421825", "title": "", "text": "if Amazon can perfect same day delivery, then businesses will really be in trouble.  I frequently still go to walmart instead of ordering on Amazon because I want something that same day.  but if Amazon can deliver its products on the same day without charging a ton for shipping, then I might just order everything on there.  In the meantime, I will continue to shop at stores like walmart and walgreens."}
{"_id": "421833", "title": "", "text": "\"I agree with the basic purpose of an HOA. Unlike the poster above Jay, I do believe that people painting their houses purple will definitely affect the value of my house or property. I for one would not want to live next to someone who has a wild purple house, even though it is his right to do so. In saying that I know that there are very few people who would want to buy my house were it situated next to the \"\"purple house\"\". So in the sense of limiting known eyesores I agree with the purpose of HOA's. That being said, I do not agree with the fact that HOA's are not regulated and that its rules are formed by community members who may be very strict on what or what isn't allowed. If it were simple rules like not painting the house disturbing colors (we all know what they are) or not having junk cars  or loud music after a certain time (except on holidays or special calendar days like New Years etc.\""}
{"_id": "421835", "title": "", "text": "There may be a 3-5% correction in the near future, but earnings are strong, the job market is strong, and this is all happening with little help from pro business legislation.  Don't see anything more than a business cycle anytime soon"}
{"_id": "421848", "title": "", "text": "I worked in auto finance years ago, what dealers tend to do in refinance the negative value of the customer current car to the new one.  So if a car is worth 30k they may finance it for 35k. Finance company will do as not to lose the dealer and customer is happy to get a new car.  I had one customer call on a car he financed for 85k, car brand new was worth 70k. Told me how he was looking to pay out the loan and go to the competition for better rates. Before offering anything I did a quick value check and no way was it worth it for us to reduce the rates.  Told him good luck and he needed to pay X amount, he asked me if I'm not going to offer a better deal, I told him no.  He blew up telling me the dealer told him to call 6 mouths later and the financial company would reduce the rates if he asked for a payout.  Customer also had a car that dropped its value like no tomorrow, so it book value was around 60k. So over the refinance limit.  6 mouths later get a call from collection, telling me just a heads up this guy's cars was sold at the auction as he couldn't make repayments for 30k.  Guy was also told by the dealer he could just hand the car back in but wasn't told he still needed to pay back the difference in the loan once he did.  My god some people had no clue."}
{"_id": "421882", "title": "", "text": "So they basically tried to make their antiquated methods faster, rather than improve their methods.  Okay.  Not what I would have done.  And apparently they aren\u2019t advertising their improvements well, either.  What I don\u2019t see in that document is the percentage of people making less or more in all, so I can\u2019t tell if large numbers of people on one side or another are skewing the average in a direction, nationally or in the government itself.  Those numbers would give us the whole picture, rather than a distorted picture.  Also, it seems the average wage is only $3.00 / hour higher, so that\u2019s something.  Your \u201csocialist Universal price\u201d quip tells you are definitely seeing with distorted glasses.  Let it go for a little bit, not to change your mind, but to verify you are seeing as clearly as possible.  They keep the wages basically equal across the U.S. because they are a nation-wide entity that has to be internally self-consistent."}
{"_id": "421884", "title": "", "text": "Being blinded by party or idealogical bias would prevent one from seeing the qualifications of someone who is otherwise qualified for a position.  Somehow he must have bluffed his way through a governorship, running a successful Olympics and building a successful business, right?"}
{"_id": "421887", "title": "", "text": "This is what all the guides and business advice places I've checked out seem to say. Limited company down the line possibly depending on whether I employ people or outsource that work to others or whatever (given the nature of the business)."}
{"_id": "421892", "title": "", "text": "As it stands equity contracts in startups are by default structured differently. The standard equity is shares or convertible notes.  Having equity that's structured in the way you propose is a bad idea for both sides. VC don't like equity that's not done with standard equity contracts. If the lawyer of the VC has to review your equity document and understand how the exact terms work that makes it more complicated to invest money into the startup. On your end it might not be fair because a company doesn't need to make any income to be successful. Various companies manage to reduce their tax burden to next to nothing by clever accounting that results in having no taxable income. Uber brought the uber.com domain name with 2% equity at the beginning, so there are certainly deals that get made with equity. There are also other kinds of deals where domain names don't get sold for a one-time payment but with regular payment for 8 years where the domain names goes back to the seller if the company folds or otherwise doesn't want to pay anyone."}
{"_id": "421924", "title": "", "text": "You can use the ITR 1 and declare the income from freelancing as income from other sources. As part of freelancing, certain expenses can be deducted provided they are directly related to work and have proper records. Please consult a CA who can advice you on how to do this. The Actual income shown should be less of the expenses."}
{"_id": "421940", "title": "", "text": "You can be a co-borrower on the property that your father owns. Some Banks require that you also be part owner of the property, some banks do not require this. You can take a home loan for a new property, normally Banks will ask you of all your current loans [auto/other home/personal/ etc] to determine the amount they will be ready to lend. Edit: The first loan I believe your father already has a property in his name ... your father can apply for Loan against property ... if he does not have sufficient income, then you can guarantee the loan [ie co-sign on the loan, some banks allow this ... however there is no tax benefit on this loan]  .   The second is the Home Loan for the balance amount that you would get it \u2026 Both the loans can be taken from the same Bank, there would be a overall cap as to the amount of loan a Bank would give depending on your income, further the finance for this house will only be to the extent of 80% of the value."}
{"_id": "421963", "title": "", "text": "I think at the end of the day smart people tend to do well, and what they majored in while in college doesn't always have a significant bearing on their own success.   Also can you definitively say the 3 CEO's mentioned, without tech backgrounds, were successful *because* of their non technical degrees or *despite* their degree ?"}
{"_id": "421965", "title": "", "text": "probably forgetting some but off the top of my head:MIT, Caltech, Berkeley, UCLA, Duke, Stanford, Chicago, NYU, Northwestern, Michigan, Notre Dame, UVA, and top LACs like Amherst,Williams,etc.  At a target school you would see many of the following names come to your school for OCR or resume drops: Goldman Sachs, KKR, Blackstone, Morgan Stanley, JPM, D.E. Shaw, Jane Street, Blackrock, Two Sigma, Citadel"}
{"_id": "421978", "title": "", "text": "\"Story printed literally as the only thing that can hold on value to the currency..   OK so I'm printing unlimited money to pay off my debt,  so hey debtor I can either give you this useless currency or I can't pay..   Japan is heading for default,  their currency is only holding value because people have \"\"Hope\"\", the only reason for hope is because this article \"\"says\"\" people don't know..  They know  ..\""}
{"_id": "421987", "title": "", "text": "Since then I had gotten a job at a supermarket stocking shelves, but recently got fired because I kept zoning out at work This is not a good sign for day trading, where you spend all day monitoring investments.  If you start focusing on the interesting math problem and ignoring your portfolio, you can easily lose money.  Not so big a problem for missed buy opportunities, but this could be fatal for missed sale opportunities.  Realize that in day trading, if you miss the uptick, you can get caught in a stock that is now going down.   And I agree with those who say that you aren't capitalized well enough to get started.  You need significantly more capital so that you can buy a diversified portfolio (diversification is your limitation, not hedging).  Let's say that you make money on two out of three stocks on average.  What are the chances that you will lose money on three stocks in a row?  One in twenty-seven.  What if that happens on your first three stocks?   What if your odds at starting are really one in three to make money?  Then you'll lose money more than half the time on each of your first three stocks.  The odds don't favor you.   If you really think that finance would interest you, consider signing up for an internship at an investment management firm or hedge fund.  Rather than being the person who monitors stocks for changes, you would be the person doing mathematical analysis on stock information.  Focusing on the math problem over other things is then what you are supposed to be doing.  If you are good at that, you should be able to turn that into a permanent job.  If not, then go back to school somewhere.  You may not like your schooling options, but they may be better than your work options at this time.   Note that most internships will be easier to get if you imply that you are only taking a break from schooling.  Avoid outright lying, but saying things like needing to find the right fit should work.  You may even want to start applying to schools now.  Then you can truthfully say that you are involved in the application process.  Be open about your interest in the mathematics of finance.  Serious math minds can be difficult to find at those firms.   Given your finances, it is not practical to become a day trader.  If you want proof, pick a stock that is less than $100.  Found it?  Write down its current price and the date and time.  You just bought that stock.  Now sell it for a profit.  Ignore historical data.  Just monitor the current price.  Missed the uptick?  Too bad.  That's reality.  Once you've sold it, pick another stock that you can afford.  Don't forget to mark your price down for the trading commission.  A quick search suggests that $7 a trade is a cheap price.  Realize that you make two trades on each stock (buy and sell), so that's $14 that you need to make on every stock.  Keep doing that until you've run out of money.  Realize that that is what you are proposing to do.   If you can make enough money doing that to replace a minimum wage job, then we're all wrong.  Borrow a $100 from your mom and go to town.  But as others have said, it is far more realistic to do this with a starting stake of $100,000 where you can invest in multiple stocks at once and spread your $7 trading fee over a hundred shares.  Starting with $100, you are more likely to run out of money within ten stocks."}
{"_id": "421992", "title": "", "text": "I was thinking that the value of the stock is the value of the stock...the actual number of shares really doesn't matter, but I'm not sure. You're correct.  Share price is meaningless.   Google is $700 per share, Apple is $100 per share, that doesn't say anything about either company and/or whether or not one is a better investment over the other. You should not evaluate an investment decision on price of a share.  Look at the books decide if the company is worth owning, then decide if it's worth owning at it's current price."}
{"_id": "422020", "title": "", "text": "Just clarifying in case some people just skim and walk away thinking the author is bankrupt. Kiyosaki is involved in many business ventures. One of his companies filed for bankruptcy, which is a separate entity to himself. He himself did not lose any personal assets and is still very rich. Thanks for reading."}
{"_id": "422027", "title": "", "text": "I think all business owners in the UAE should have their employees undergo such safety courses. It is important that safety in the workplace or site is prioritized and that all employees pay particular attention to this important aspect as well. First aid and fire safety should only be some of the safety training courses that employees should receive or undergo."}
{"_id": "422047", "title": "", "text": "I do have an agenda. Or at least a question: Is the apparrel industry in the US dying? Is it being sent overseas thanks to 'free trade'/globalization laws?  &gt;A recent study released by IBISWorld identifies ten dying US industries. Among these top industries is apparel manufacturing. http://blog.zintro.com/2011/04/12/is-the-apparel-manufacturing-industry-in-the-us-dying/  I am against globalization. It puts all the eggs in one basket. We are seeing again and again when one country has a crisis it threatens to engulf, first, all of Europe, then the US, then the world. This is the price of globalization, which mainly profits the very wealthy. Aside from my objection to who profits, I think it's stupid to...put all our eggs in one basket. Let different countries do things differently, then evaluate which works best for the greatest number of people. Don't just make every country to everything the same, the neoliberal/neoconservative policy."}
{"_id": "422051", "title": "", "text": "Yes, rebalancing with new money avoids capital gains taxes and loads (although if you're financially literate enough to be thinking about rebalancing techniques, I'm surprised to hear that you're invested in funds with loads). On the other hand, if it's taking you years to rebalance, then: (a) you are not rebalancing anywhere near frequently enough.  Rebalancing should be something you do every 6 months or 1 year, such that it would take only a few weeks or maybe a month of new investment to get back in balance. (b) you will be out-of-balance for quite a long time, while the whole point of the theory of rebalancing is to always be mathematically prepared for swings in the market.  Any time spent out of balance represents that much more risk that an unexpected market move can seriously hurt your portfolio. You should weigh the time it will take you to rebalance the long way (i.e. the risk cost of not rebalancing immediately) vs. the taxes and fees involved in rebalancing quickly.  If you had said that it would take you only a couple weeks or a month to rebalance the long way, I would say that the long way is fine.  But the prospect of spending years without a balanced portfolio seems far more costly to me than any expenses you might incur rebalancing quickly. Since it's almost the end of the calendar year, have you considered doing two quick rebalances, one this year, and another in January?  That way half of the tax consequences would happen in April, and the other half not until the next April, giving you plenty of time to scrounge up the money.  Also, even if you have no capital losses this year with which to offset some of your expected capital gains, you would have all of next year to harvest some losses against next year's half of the rebalancing gains."}
{"_id": "422062", "title": "", "text": "\"Why do stock markets allow these differences in reporting? The IRS allows businesses to use fiscal calendars that differ from the calendar year. There are a number of reasons a company would choose do this, from preferring to avoid an accounting rush at end of year during holiday season, to aligning with seasonality for their profits (some like to have Q4 as the strongest quarter). Smaller businesses may prefer to keep the extra stress of year end closeout to a traditionally slower time for the business, and some just start their fiscal calendar when the company starts up. You'll notice the report dates are a couple weeks after fiscal quarter end, you would read it as \"\"three months ended...,\"\" so for Agilent, three months ended October 31, 2017, so August, September, October are their Q4 months.\""}
{"_id": "422070", "title": "", "text": "Don't feel bad.  The last time I did this was 2008.  It was an inter-office competition.  We started a 6 month run around July.  $100,000 each.  Same rules as this game only longer.  Well this thing happening around September/October in 2008 that caused all hell to break lose on the markets, you might have heard about it.  The winner at the end only lost $20,000.  I had lost $60,000.  We had one guy who only had around $10,000 LEFT.    Playing this game while the whole market imploded really drove home how royally FUCKED a lot of people were.  Made for a tangible experience of all the junk you saw on the news."}
{"_id": "422078", "title": "", "text": "Most people are under educated on the health benefits of certain foods and the drawbacks of others. I for one love the organic Capri suns, they taste way better! Natural fruit juices destroy these artificial flavors all day. The natural sweetness and sugars still maintain that energy inducing taste."}
{"_id": "422084", "title": "", "text": "sheegaon's reply looks fine to me, a HELOC can usually be set up for a minimal ($50?) fee, and is currently a pretty low rate, mine is 2.5%.  If this doesn't appeal to you, my other suggestion is a 401(k) loan. While this is usually a last resort and 'not' recommended, a short term use may make sense. The rate is low, and you can pay in back in full after moving into the new house."}
{"_id": "422091", "title": "", "text": "Don't panic this happens all the time. I looked online for a form that can be used to redeposit funds back into the HSA. This form can be used to redeposit funds withdrawn in error and cannot   be used to correct an Excess Contribution Return. Funds will be posted   as a correction and not as a contribution. The deposit will be entered   for the year the distribution occurred. It allows you to specify the year the incorrect distribution occurred. I authorize Optum Bank to make the withdrawal correction indicated   above. I have enclosed a check made payable to Optum Bank for the   amount I\u2019d like redeposited to my account. I understand that this can   result in a possible corrected 1099-SA for the tax year indicated   above. Of course you need to get the forms for your account."}
{"_id": "422094", "title": "", "text": "\"Situation #1: I keep playing, and eventually earn 1000 PED. I withdraw   this. Will I get taxed? If so, by how much? This is probably considered an \"\"award\"\", so whatever your country taxes for lottery/gambling winnings would be applicable. If there's no specific taxation on this kinds of income - then it is ordinary income. Situation #2: I deposit $5000, play the game, lose some money and   withdraw PED equal to $4000. Will I get taxed? If so, by how much? Since it is a game, it is unlikely that deducting losses from your income would be allowed.  However, the $4000 would probably not be taxed as income (since you are getting your own money back). Situation #3: I deposit $5000 and use this to buy in-game items. I   later sell these items for massive profits (200%+, this can happen   over the course of 2 years for sure). I withdraw $10000. Will I get   taxed? If so, by how much? Either the same as #1 (i.e.: ordinary income) or as capital gains (although tax authority may argue that this was not a for-profit investment, and capital gains treatment shouldn't be applicable). Will I get taxed on withdrawals from Real Cash Economy games? And do   the taxes apply to the full withdrawal, or only on the profits? Or   only on the profits above a certain amount? Generally income taxes only apply on income. So if you paid $10000 and got back $12000 - only the $2000 is considered income. However some countries may tax full amounts under certain conditions. Such taxes are called \"\"franchise taxes\"\". For a proper tax advice consult with the locally licensed tax adviser.\""}
{"_id": "422116", "title": "", "text": "Thanks for clarifying.  Also, I know Goodwill, and most likely the others, aren't technically one entity, but rather many entities under the same operating name, so there are many CEOs that work for Goodwill.  Maybe there is one that heads the whole thing, but I wonder how much is going to all the C-levels?"}
{"_id": "422119", "title": "", "text": "Lots of good answers.  I'll try and improve by being more brief.  For each option you will pay different taxes: Index Fund:   Traditional IRA Roth IRA You can see that the Roth IRA is obviously better than investing in a taxable account.  It may not be as obvious that the traditional IRA is better as well.  The reason is that in the traditional account you can earn returns on the money that otherwise would have gone to the government today.  The government taxes that money at the end, but they don't take all of it. In fact, for a given investment amount X and returns R, the decision of Roth vs Traditional depends only on your tax rate now vs at retirement because X(1-tax)(1+R_1)(1+R_2)...(1+R_n) = X(1+R_1)(1+R_2)...(1+R_n)(1-tax) The left hand side is what you will have at retirement if you do a Roth and the right hand side is what you will have at retirement if you do traditional.  Only the tax rate differences between now and retirment matter here.  An index fund investment is like the left hand side but has some additional tax terms on your capital gains.  It's clearly worse than either."}
{"_id": "422139", "title": "", "text": "The banks will love you as you pay your debts on time; although they make interest money on people that don't pay full on time, they lose money on those who never pay. In overall, you will be their preferred customer. Also, they make a more than enough money on you using your credit cards, you are basically a nearly risk-free money making machine for them. Aside from those arguments, as a 'proof of concept': I do the same thing for 10+ years and have ~840 rating. You can't get much better."}
{"_id": "422142", "title": "", "text": "The long term growth is not 6.5%, it's 10% give or take. But, that return comes with risk. A standard deviation of 14%.  Does the 401(k) have a match? And are you getting the full match? If no match, or you already top it off, the 6.5% is a rate that I'd be happy to get on my money. So, I would pay it off faster.  My highest rate debt is my 3.5% mortgage, which is 2.5% after tax. At 2.5%, I prefer to be a borrower, as that gap 2.5%-10% is pretty appealing, long term."}
{"_id": "422156", "title": "", "text": "My Prediction: Expect to see a lot more automation of check out stands for big brand retail stores as employees are let go to save on health insurance costs and many brick&amp;mortar stores will accelerate their extinction pace.   The era of big online stores with huge warehouses fulfillment centers (again more automation will make its way here as well) will be the new and dominate trend when high volume b&amp;m do not meet the ability to compensate this added tax burden placed onto them by Obamcare and thus unemployment will again surge. The big winner though in all of this will be health insurance companies who have figuratively been given a license to print money by this mandate."}
{"_id": "422175", "title": "", "text": "I haven't read the manifesto, but it's clear to me that this is a classic case of Heresy. Free speech is a myth, since we are free only so long as we don't express an opinion that disagrees with the state religion. The author of this piece clearly violated one of the core doctrines of our current religion - namely that there are no biologically-caused mental differences between males and females."}
{"_id": "422182", "title": "", "text": "In the United States there are some specific savings accounts, some of which have rules from the federal government (education) and some that are setup by the bank/credit Union. Some institutions have a Christmas club, where money is set aside each week or each month and then you are given access at the end of the time period. Some institutions have accounts that pay CD rates but allow you to add funds during the period. They will have some flexibility in setting the time period. I have seen accounts that are designed to save up for a big purchase, or for a specific time period (summer vacation) Ask your bank. Or better yet look at a variety of banks websites for their rate sheet. That will explain all the different account types, rates, and rules. My credit Union allows a large number of sub accounts so that you don't have to commingle the funds."}
{"_id": "422183", "title": "", "text": "\"I don't agree that the market as a whole is a ponzi scheme, but there are some ponzi-like aspects to it. If you buy high quality stocks like Coca Cola, Johnson and Johnson, AT&amp;T, Verizon, Kraft, Wells Fargo (the vanilla bank, not one of the crazy ones), IBM, Berkshire Hathaway etc and simply hold onto them for the next 10-20 years, you will make money. Even over the last decade, when stocks \"\"went nowhere\"\", you still came out ahead through the dividend payments. It was just at an unsatisfactory rate of return. Also \"\"the market\"\" consists of a lot more than just stocks. Corporate bonds are a big market and I always recommend people to look at bonds. If you cannot judge whether a company is credit worthy, how can you invest in the common stock? I've made a lot more money myself in the bond market than in the stock market.  However, for many stocks, they do look a lot like ponzi schemes. This is true, in particular, with many of the tech stocks (Cuban was a tech investor, so that is probably where his sentiment is coming from). You have many of these companies that create great products. However, they never have positive cash flow because all the money is spent to develop new products. As the share price goes up, the company issues new shares to fund research, stock options to employees to enrich them, etc. However, eventually, they run into a string of bad research that do not yield a new product and the share price plunges. Perhaps the company goes bankrupt. So you have a company that developed great products, but the shareholders never got a penny in dividends and the final shareholders have paper worth zero.  Take a look at Research in Motion for example. Creating the Blackberry has to be one of the biggest successes in tech over the last decade. However, has the shareholders gotten any richer? Only if they traded amongst themselves, nobody got a dividend. What happened to the many billions of dollars they made during the peak popularity years of Blackberry? It went to executives, employees, and was squandered on development that did not effectively defend the phone's dominant market position. Now the stock price is back down to the pre-prime years, and if a shareholder held onto it throughout the entire period, he would not have received a single penny. And this is a profitable enterprise, things look even more bizarre when you start looking at the tech companies that have NEVER had a positive earnings quarter and no plans to ever have positive earnings (something like Pandora comes to mind). Often, management at these more bizarre companies run the company as a toy - to play with their own ideas and to issue themselves stock as compensation. And of course, they sell a lot of the stock to cash in before they delve into the next risky venture. They have no intention of ever enriching anybody who holds into the stock in the long run. If for some reason they make money, they will put it all into their next toy project until one of them fails and wipes everything out.  If you invest in a profitable business with reasonable management, you will generally come out ahead. Some businesses get displaced by unpredictable circumstances and they go bankrupt. But on average, if a company is good at doing something and they pay out the earnings, you come out ahead. You get in trouble when businesses are good at something, and they take all the money they make and put it into doing something they are not good at. A business might only provide good cashflow for 10-20 years when the product is popular and before competitors cut into margins. If that money is squandered, the long term shareholder may ultimately have very terrible results. The long term shareholder ends up being the guy who keeps going all-in on a 80%-chance-to-win bet (that is what management is doing when they bet the company on the next unproven product), but eventually he gets zeroed out on one loss.  This is why if you look at Buffett's investments, they are all in simple businesses that spits off cash to the owner/shareholder. Businesses like soft drinks, snacks, rail roads, vanilla banking, utility-like energy companies, insurance, etc. You might be good at judging the odds of whether a business will succeed or not (aka make more money than your original investment or not). But you don't want management of that company to make a wildly different bet for you. Just because they are great at operating a company doesn't mean they are good enough at judging odds or disciplined enough to make those bets for you. I may have predicted accurately that Business X will be a great success, but if manage takes those profits and goes all in on Business Y, without giving me a chance to cash out, that may have disasterous results.\""}
{"_id": "422199", "title": "", "text": "My father owns a small business that employees ~50 people. He's been in business for over thirty years as an agricultural establishment. Because the threshold on Obama care for small businesses to pay for employee coverage is 50+ employees we will have to fire people who don't deserve to be fired - all because we could not possibly afford an additional 50-60k per month expense for covering all employees healthcare"}
{"_id": "422213", "title": "", "text": "I wouldn't call him a charlatan. What he says is true but it's not easy to change your subconscious programming so most people don't change. I mean at the end of the day anything is possible and it's all in your mind. People don't want to put in the work"}
{"_id": "422218", "title": "", "text": "\"value slip below vs \"\"equal a bank savings account\u2019s safety\"\" There is no conflict.  The first author states that money market funds may lose value, precisely due to duration risk.  The second author states that money market funds is as safe as a bank account.  Safety (in the sense of a bond/loan/credit) mostly about default risk. For example, people can say that \"\"a 30-year U.S. Treasury Bond is safe\"\" because the United States \"\"cannot default\"\" (as said in the Constitution/Amendments) and the S&P/Moody's credit rating is the top/special. Safety is about whether it can default, ex. experience a -100% return.  Safety does not directly imply Riskiness. In the example of T-Bond, it is ultra safe, but it is also ultra risky. The volatility of 30-year T-Bond could be higher than S&P 500.  Back to Money Market Funds.  A Money Market Fund could hold deposits with a dozen of banks, or hold short term investment grade debt. Those instruments are safe as in there is minimal risk of default. But they do carry duration risk, because the average duration of the instrument the fund holds is not 0.  A money market fund must maintain a weighted average maturity (WAM) of 60 days or less and not invest more than 5% in any one issuer, except for government securities and repurchase agreements.  If you have $10,000,000, a Money Market Fund is definitely safer than a savings account.  1 Savings Account at one institution with amount exceeding CDIC/FDIC terms is less safe than a Money Market Fund (which holds instruments issued by 20 different Banks).  Duration Risk Your Savings account doesn't lose money as a result of interest rate change because the rate is set by the bank daily and accumulated daily (though paid monthly).  The pricing of short term bond is based on market expectation of the interest rates in the future. The most likely cause of Money Market Funds losing money is unexpected change in expectation of future interest rates.  The drawdown (max loss) is usually limited in terms of percentage and time through examining historical returns.  The rule of thumb is that if your hold a fund for 6 months, and that fund has a weighted average time to maturity of 6 months, you might lose money during the 6 months, but you are unlikely to lose money at the end of 6 months. This is not a definitive fact.  Using GSY, MINT, and SHV as an example or short duration funds, the maximum loss in the past 3 years is 0.4%, and they always recover to the previous peak within 3 months. GSY had 1.3% per year return, somewhat similar to Savings accounts in the US.\""}
{"_id": "422223", "title": "", "text": "think of all the stuff the average 10 yr old would buy! Advertisers would love to flood their impressionable little minds with messages!  But srysly.... it sounds fucking pointless. It's just so FB can inflate their memebership numbers. Gotta push for that 1 billion...."}
{"_id": "422225", "title": "", "text": "\"Actually in Finland on some bank + debit/credit card + online retailer combinations you type in your card details as you normally do, but after clicking \"\"Buy\"\" you get directed to your own bank's website which asks you to authenticate yourself with online banking credentials. It also displays the amount of money and to which account it is being paid to. After authentication you get directed back to the retailer's website. Cannot say why banks in US haven't implemented this.\""}
{"_id": "422264", "title": "", "text": "SEMMco is the leading brand of handmade chocolate machinery in China. Our company is a unique distributor for GAMI Srl in China. Gami is an Italian company that manufacturer of tempering machines for chocolate in large scale. If you are looking handmade chocolate machine and chocolate temperer, then you can contact us. More information about chocolate machinery, please visit our company website."}
{"_id": "422295", "title": "", "text": "\"In some sense, the share repurchasing program is better if the company does not foresee the same profit levels down the road.  Paying a dividend for several years and then suddenly not paying or reducing a dividend is viewed as a \"\"slap in the face\"\" by investors.  Executing a share repurchase program one year and then not the next is not viewed as negatively. From an investor's standpoint, I would say a dividend is preferred over a share repurchase program for a similar reason.  Typically companies that pay a dividend have been doing so for quite some time and even increasing it over time as the company increases profits.  So, it can be assumed that if a company starts paying a dividend, it will do so for the long-run.\""}
{"_id": "422297", "title": "", "text": "\"Everyone who was told by (and I'm being loose with terminology here) \"\"professionals\"\" whose job it is to supposedly know things about money and valuation. I think it's because accountants and scientists sound about the same in terms of professionalism and how they deal with facts.\""}
{"_id": "422313", "title": "", "text": "Fungible means that any gold is as good as any other gold. It has nothing to do with being able to form, shape, combine or divide it.  If I borrow an ounce of gold from you, you want an ounce of gold returned. You don't care which chunk of gold I bring you as long as it's the same weight and purity. If I owe you a dollar, you don't care which specific dollar bill I hand you."}
{"_id": "422331", "title": "", "text": "Buying a property and renting it out can be a good investment if it matches your long term goals.  Buying an investment property is a long term investment.  A large chunk of your money will be tied up with the property and difficult to access.  If you put your money into dividend producing stocks you can always sell the stock and have your money back in a matter of days this is not so with a property. (But you can always do a Home equity line of credit (HELOC)) I would also like to point out landlording is not a passive endeavor as JohnFx stated dealing with a tenant can be a lot of work.  This is not work you necessarily have to deal with, it is possible to contract with a property management company that would place tenants and take care of those late night calls.  Property management companies often charge 10% of your monthly rent and will eat a large portion of your profits.  It could be worth the time and headache of tenant relations.  You should build property management into you expenses anyway in case you decide to go that route in the future. There are good things about owning an investment property.  It can produce returns in a couple of ways. If you choose this route it can be lucrative but be sure to do your homework.  You must know the area you are investing very well.  Know the rent, and vacancy rates for Single family homes, look at multifamily homes as a way of mitigating risk(if one unit is vacant the others are still paying)."}
{"_id": "422335", "title": "", "text": "In almost any jurisdiction, the restaurant will pay tax on the amount after the discount. Discounting is just a selective way to reduce prices for particular clients and thus achieve some degree of price discrimination. It's no different in principle to cutting prices for everyone or having a sale or similar. It would be very strange for a tax jurisdiction to work any other way, because businesses would end up being taxed on money they never actually got. While tax systems often have that kind of anomaly in rare cases at the edge of the system, discounting via vouchers is extremely common. For example, here are the rules in the UK."}
{"_id": "422357", "title": "", "text": "If we hadn't blockaded Cuba for 60 years, it would likely look a lot like China, albeit not as overall productive.  Keep in mind both nations had communist revolutions at roughly the same time, the main difference being the US effectively shut out all trade with the island nation."}
{"_id": "422370", "title": "", "text": "Last I checked, southerners were Americans, even though a lot of them are acting like traitors lately. There's no unifying aspect that's the same for all southerners, like there is for other protected classes, and no biological difference to protect."}
{"_id": "422373", "title": "", "text": "\"IRA contributions are limited; you cannot \"\"dump the excess into a retirement account like an IRA\"\" if the excess is more than $5500. Furthermore, as @firefly points out, you need to have earned income (technical term is compensation and it includes self-employment income, not just wages) to contribute to an IRA, and the limit mentioned above is actually the lesser of your earned income and $5500. (There are other limitations for people with high gross income, but these likely will not affect you) On the positive side, if your earned income is small, you can contribute your entire taxable earned income including the money withheld by your employer for Social Security and Medicare tax and Federal, State and local income taxes to an IRA, not just your take-home pay. For example, if your earned income is $5500 and take-home pay after tax withholding is $5000, you are still entitled to contribute $5500. So, where do you get that withheld money from so that it can be put into your IRA? Well, it can come from the student loan or interest earned from a bank or from the dividends and capital gains on your investments, etc. Money is fungible; it is not the case that only the cash received (or deposited into your bank account) as your take-home pay can be contributed. Subject to other limitations mentioned, your earned income can be contributed, not just your take-home pay.\""}
{"_id": "422401", "title": "", "text": "\"The root of the advice Bob is being given is from the premise that the market is temporarily down.    If the market is temporarily down, then the stocks in \"\"Fund #1\"\" are on-sale and likely to go up soon (soon is very subjective).     If the market is going to go up soon (again subjective) you are probably better in fictitious Fund #1.    This is the valid logic that is being used by the rep.   I don't think this is manipulative based on costs.    It's really up to Bob whether he agrees with that logic or if he disagrees with that logic and to make his own decision based on that. If this were my account, I would make the decision on where to withdraw based on my target asset allocation. Bob (for good or bad reasons) decided on 2/3 Fund 1 and 1/3 Fund 2. I'd make the withdraw that returns me to my target allocation of 2/3 Fund 1 and 1/3 Fund 2. Depending on performance and contributions, that might be selling Fund 1, selling Fund 2, or selling some of both.\""}
{"_id": "422406", "title": "", "text": "\"This, oddly enough, reassures me.  With all the American debt, dollars in reserves, and now American real estate that China owns, the US is the one true \"\"too big to fail\"\" institution as far as China is concerned.  Like they say: if I owe you a million dollars, I have a problem; if I owe you a trillion dollars, **YOU have a problem**.\""}
{"_id": "422421", "title": "", "text": "First, read my answer here: Oversimplify it for me: the correct order of investing For me, the answer to your question comes down to how badly you want to get rid of your student loan debt. I recommend that you get rid of it as fast as possible, and that you sacrifice a little in your budget temporarily to make that happen. If that is what you want, here is what I would do. Following the steps in my other answer, I would pay off the student loans first. Cash out your non-retirement growth fund to jump start that, then challenge yourself to take as much of your paycheck as you can and throw it at the debt. Figure out how many months it will take before the debt is gone.  Once the debt is gone, you won't have those monthly payments anymore and you won't be continually losing money in interest to the bank. At that point, you can build up your cash savings, invest in your employer's 401(k) plan for retirement, and start saving toward other long-term saving goals (car, house, etc.) To address some of your other concerns: If you cash out the non-retirement fund, you'll probably owe some capital gains tax. (Although, on a $3k investment, the long term rate won't add up to very much, depending on your tax bracket and cost basis.) You can't use the money from your non-retirement fund to invest in your 401(k).  You can only contribute to your 401(k) via payroll deduction.  To explicitly answer your question, your non-retirement fund is not bound by the limitations of retirement funds, meaning that you can cash it out and use it however you like without penalty, only paying perhaps a few hundred dollars of capital gains tax at tax time next year. Think of it as another source of cash for you."}
{"_id": "422422", "title": "", "text": "This is just the latest...  http://www.mercurynews.com/2017/02/16/samsung-boss-arrested-in-south-koreas-explosive-corruption-scandal/  The Samsung CEO, several years ago, was convicted of tax fraud involving millions of dollars. He bribed the system by giving money to South Korea's International Olympic Commission. In return, the judges in S. Korea forgave him and placed him on their board of the IOC.   Samsung is not a corporation in the traditional sense. They are run like a monarchy. The corporate management is being handed down from Father to Son.  Rotten to the core."}
{"_id": "422436", "title": "", "text": "\"You're right about your suspicions. I'm not a professional (I suggest you talk to a real one, a one with CPA, EA or Attorney credentials and license in your State), but I would be very cautious in this case. The IRS will look at all the facts and circumstances to make a claim, but my guess would be that the initial claim would be for this to be taxable income for your husband. He'd have to prove it to be otherwise. It does seem to be related to his performance, and I doubt that had they not known him through his employment, they'd give him such a gift. I may be wrong. So may be an IRS Revenue Officer. But I'd bet he'd think the same. Did they give \"\"gifts\"\" like that to anyone else? If they did - was it to other employees or they gave similar gifts to all their friends and family? Did those who gave your husband a gift file a gift tax return? Had they paid the gift tax? Were they principles in the partnership or they were limited partners (i.e.: not the ones with authority to make any decision)? Was your husband instrumental in making their extraordinary profit, or his job was not related to the profits these people made? These questions are inquiring about the facts and circumstances of the transaction. Based on what he can find out, and other potential information, your husband will have to decide whether he can reasonably claim that it was a gift. Beware: unreasonable claims lead to equally unreasonable penalties and charges. IRS and your State will definitely want to know more about this transaction, its not an amount to slide under the radar. This is not a matter where you can rely on a free opinions written by amateurs who don't know the whole story. You (or, rather, your husband) are highly encouraged to hire a paid professional - a CPA, EA (enrolled agent) or tax attorney with enough experience in fighting gift vs income characterization issues against the IRS (and the State, don't forget your State). An experienced professional may be able to identify something in the facts and the circumstances of the situation that would lead to reducing the tax bill or shifting it to the partners, but it is not something you do on your own.\""}
{"_id": "422442", "title": "", "text": "I'm assuming if Greece were to leave or be asked to leave to EMU/EURO currency, they would have to negotiate some kind of a FX Rate. I'm just taking a wildly uneducated stab at this, but i would bet they would negotiate for x% devaluation and then let the market do what it will."}
{"_id": "422450", "title": "", "text": "\"Completely ignoring the impact of the government on supply and demand.  If welfare and unemployment paid $40/hr, no one would take your hypothetical job either.   Side note - this author is embarrassingly devoid of basic economics.  They don't understand how increased tax brackets could demotivate further investing in time and capital?  It \"\"escapes\"\" them?  Is this a blog piece?\""}
{"_id": "422453", "title": "", "text": "If you are looking to analyze stocks and don't need the other features provided by Bloomberg and Reuters (e.g. derivatives and FX), you could also look at WorldCap, which is a mobile solution to analyze global stocks, at FactSet and S&P CapitalIQ.  Please note that I am affiliated with WorldCap."}
{"_id": "422467", "title": "", "text": "The problem with rate of return calculation on short positions is, that the commonly used approach assumes an initial investment creating a cash outflow. If we want to apply this approach to short selling, we should look at the trade from another perspective. We buy money and pay for this money with stock. Our investment to buy 50$ in your example is 1 share.  When closing the short position, we effectively sell back our money (50$) and receive 2 shares. Our profit on this position is obviously 1 share. Setting this in relation to our investment of 1 share yields a performance of 100%   in reality, we do not sell back the entire cash but only the amount needed to get back our investment of 1 share. This is actually comparable to a purchase of stock which we only partially close to get back our invested cash amount and keep the remaining shares as our profit"}
{"_id": "422468", "title": "", "text": "\"In some cases perhaps, but in others not.  Several homes near me were sold over and over again during the bubble years (at incrementally higher and higher sale prices) -- the last owners in nearly all cases defaulted and the banks (after dragging their feet for a couple of years) finally foreclosed and sold the homes off cheap.  In all but one of the \"\"distressed sale\"\" cases, the people buying the houses now ARE in fact moving into them as their primary home (the exception being a current resident who bought the adjacent home with the intentions of fixing it up &amp; renting it out, I believe at least initially to a family member); but in ALL cases (in no small part due to the fact that they were able to purchase the properties cheap) these new owners are investing substantial money into fixing them up (new roof &amp; gutters, new windows &amp; doors, paint and/or siding, often all new carpeting, some landscaping, etc).  Also, from the perspective of our homeowners association, all of these new people think our annual HOA fees are a \"\"bargain\"\", whereas the previous bubble-era \"\"homeowners\"\" (if, having invested almost nothing, they could truly be called that) did nothing but whine and complain (well, and once they began defaulting on their mortgages, they also defaulted on their HOA fees).  So it's a win-win for our neighborhood. We're getting good, solid residents who are planning on taking care of their properties... the exact opposite of what you are claiming.   (The \"\"house-flippers\"\" you decry were the ones buying with \"\"no money down\"\" during the bubble era -- and they nearly killed the neighborhood.)\""}
{"_id": "422469", "title": "", "text": "Basically, you answer client questions on the valuation, generally speaking the P/L values for liquid equities you won't have much problems with, however for credit is where all the fun is as its OTC especially OTC derivatives. You're gonna argue with a lot of hedge funds over CDS prices and illiquid credit.  Hedge fund A will call you: Yo, why are you booking a loss of -50 bps on bond X.  You: Our end market median price of (10 providers) @ 4pm is 101.5.  Hedge fun A: Post market its at 102.  You: Sorry, can't help you as the NAV is out at 4pm.  A lot of fund managers will rage at you guys over these things as it fucks up their NAV's.  disclaimer: I used to be in the position of hedge fund A."}
{"_id": "422476", "title": "", "text": "Every brokerage is different, on all of their websites they have an actual list of fees. There are tons of different charges you may encounter."}
{"_id": "422477", "title": "", "text": "\"As you've observed, when you're dealing with that amount of money, you're going to have to give up FDIC guarantees. That means that keeping the money in a bank account carries some risk with it: if that particular bank goes bust, you could lose most of your money. There are a few options to stretch the FDIC limit such as CDARS, but likely can't handle your hypothetical $800 million. So, what's a lucky winner to do? There are a few options, including treasury securities, money market funds, and more general capital investments such as stocks and bonds. Which one(s) are best depend on what your goals are, and what kind of risks you find acceptable. Money in the bank has two defining characteristics: its value is very stable, and it is liquid (meaning you can spend it very easily, whenever you want, without incurring costs). Treasury securities and money market funds each focus on one of these characteristics. A treasury security is a piece of paper (or really, an electronic record) saying that the US Federal Government owes you money and when they will pay it back. They are very secure in that the government has never missed a payment, and will move heaven and earth to make sure they won't miss one in the future (even taking into account recent political history). You can buy and sell them on an open market, either through a broker or directly on the Treasury's website. The major downside of these compared to a bank account is that they're not as liquid as cash: you own specific amounts of specific kinds of securities, not just some number of dollars in an account. The government will pay you guaranteed cash on specified dates; if you need cash on different dates, you will need to sell the securities in the open market and the price will be subject to market fluctuations. The other \"\"cash-like\"\" option is money market funds. These are a type of mutual fund offered by financial companies. These funds take your money and spread it out over a wide variety of very low risk, very short term investments, with the goal of ensuring that the full value will never go down and is available at any time. They are very liquid: you can typically transfer cash quickly and easily to a normal bank account, write checks directly, and sometimes even use \"\"online bill pay\"\"-like features. They have a very good track record for stability, too, but no one is guaranteeing them against something going terribly wrong. They are lower risk than a (non-FDIC-insured) bank account, since the investments are spread out across many institutions. Beyond those two somewhat \"\"cash-like\"\" options, there are of course other, more general investments such as stocks, bonds, and real estate. These other options trade away some degree of stability, liquidity, or both, in exchange for better expected returns.\""}
{"_id": "422484", "title": "", "text": "\"Time-Barred Debts and STATE STATUTES OF LIMITATION ON COLLECTING DEBTS are good places to start on the issues of what can be collected and for how long. What seems to be at issue is bankruptcy vs. time-barred debts vs. what creditors (original debt owners, not collection agencies or those who buy debt) can do. You should also check out The Fair Credit Reporting Act which governs some of the question.  The Fair Credit Reporting Act and the section on time-barred debts applies to collection agencies, etc. (so-called debt owners as pointed out by @littleadv, since they buy debt from the creditors) not actual creditors (those the debt is/was originally owed to). Creditors (those to whom the debt was originally owed) have different rules than debt collectors and can do things debt collectors can't. State law generally governs what creditors, as original owners of the debt, can do legally and for how long. Bankruptcy Bankruptcy is a legal action that frees someone from paying all or part of debt owed (they are crying \"\"Uncle!\"\" and stating they don't have enough money to pay their creditors). On a credit report, accounts will generally be updated to show \u201cincluded in bankruptcy\"\" or similar. Debt that is determined to still be owed often will be reduced in amount/payments. Time-barred Debts Time-barred debts are debts that are still owed, but cannot be collected through direct legal action (suing). Each state has its own statute of limitations on how long different types of debt can be collected by suing after initial default before being considered time-barred. This period is typically 3-6 years but a few states such as Kentucky allow much longer time periods (up to 15 years). Being a time-barred debt does NOT prevent a collector from contacting someone about a debt. Collectors can still try to collect a debt forever -- and probably will -- but they can't normally sue and collect payment once the statute of limitations period has passed. There are gotchas with time-barred debts regarding collection, however, which can make them still legally actionable. Making any payment, no matter how small, making a verbal commitment to pay or even acknowledging the time-barred debt is often enough to make the debt legally collectable, even if it would normally be past the statute of limitations for collection. This is again state-dependent, but it is a pitfall for many people. The process of making a debt collectable again is often called \"\"re-aging\"\". Re-aging essentially means the clock starts anew on the statute of limitations, extending the time that a creditor may use the courts to collect that debt. If someone is taken to court over a time-barred debt that is legally noncollectable (has not been legally re-aged), nothing happens to them. However, being time-barred does not prevent legal action in the sense that you still have to prove the debt is time-barred and noncollectable in court if your sued over it.  Being time-barred does not mean the debt \"\"dissolves\"\". A debt is always owed unless the debt has been forgiven or discharged in bankruptcy court. This means that, combined with the ability of debt collectors to contact someone about out of statute debt and the pitfalls of re-aging, it is entirely possible for a debt collector to get a 20 year old debt actionable again. Also note that while someone is trying to dodge a debt to make it time-barred (e.g. by not paying anything), creditors and debt collectors can still take legal action to sue over the debt, and if they get a judgment against someone, this can extend the debt indefinitely. Judgements will eventually lapse, but often only after 10 years or more, and many states allow dormant judgements to be \"\"revived\"\" within that time period. Credit Reports  Regarding credit reports, whether someone owes a debt and whether it appears on a credit report are two separate things. As previously stated, no debt \"\"dissolves\"\" or goes away unless some sort of legal action makes it so.  As far as reporting is concerned, however, most \"\"bad\"\" credit stops being reported after seven years (by federal law). That is, accounts on a credit report will be deleted seven years from the original delinquency dates of the accounts regardless of being included in bankruptcy or as time-barred debt. This assumes no legal process allows the account to continue being reported (as is often the case with re-aging). As an FYI, a bankruptcy discharge date has nothing to do with when account information will be removed from your credit report.  Note that some debts, such as tax liens, can be reported indefinitely. Should bankruptcy be considered? The decision to do bankruptcy is mostly a matter of how severe the debt is. If it is an extremely large amount and assets are very small, bankruptcy is a good route in so far as it will legally take care of a lot of loose ends and likely relieve most or all of the burden of actually owing the money. Credit-wise, 10 years is the maximum a bankruptcy (specifically) will appear on a credit report. Accounts may drop off a credit report before bankruptcy because they are past the seven years they can be legally reported. Debts owed to the state such as child support, student loans, income tax, etc. generally cannot be written off and aren't subject normal debt statute of limitations on collection.  Finally, bad credit is bad credit -- there is likely to be little difference in terms of ability to get loans between bankruptcy and attempting to dodge legal action to make debts time-barred. If the debt is significant, bankruptcy may be the only sensible option.\""}
{"_id": "422485", "title": "", "text": "Sort of yes, sort of no. All Teslas actually claim to be completely out of charge while there is actually still a bit of juice in the battery. They do this because fully draining the battery damages it and shortens its life span significantly. But that's just a few percent of full battery capacity, and not what's being discussed in this article.  The thing being discussed in this article is that Tesla used to sell one specific model that had about 15 % of it's normal battery capacity artificially locked away. You could pay Tesla a bit extra at any time and they would unlock the full potential of the battery via a remote software update. That particular model sold pretty poorly, unclear if it's because customers didn't like the artificial restriction or if the range on that model was simply too short, but either way Tesla stopped selling it not long after introducing it."}
{"_id": "422493", "title": "", "text": "here is the list from the article:  *  Amateurs chase knowledge. Professionals develop skills. *  Amateurs try to fast-forward to the final destination. Professionals enjoy the process. *  Amateurs look for inspiration. Professionals take action. *  Amateurs brag about their small victories. Professionals let people talk about their massive wins. *  Amateurs avoid the difficulties. Professionals embrace them. *  Amateurs rely on luck. Professionals work hard. *  Amateurs give up should they face an obstacle. Professionals stay determined whatever it takes. *  Amateurs never do what say they want to. Professionals are consistent. *  Amateurs settle for mediocrity. Pros always strive to be the best."}
{"_id": "422509", "title": "", "text": "Engineers cannot run companies, I'm sorry but that's just an opinion that is widely regarded as true in business. And it's true in my experience also.  Having said that, I don't view business graduates particularly highly, neither do a lot of business owners."}
{"_id": "422519", "title": "", "text": "\"A word of caution about betting against an entrenched technology/way of doing things.  In the 80's there was a battle for PC operating systems market share. (Microsoft won). You would think that this new breed of computers (desktop PCs) would be bad for those selling the old type of computers (mainframes) - and it was. However I read somewhere that IBM still makes something like *$8 billion* per year selling obsolete mainframe computers - mainly to the likes of banks where there is no obvious advantage to upgrading to newer systems (and there is the risk that if they do, customer deposits go up in smoke or whatever).    So I guess the lesson is to think of reasons why people won't all upgrade from their existing way of doing things:  - afraid of technology  - lack of broadband/ too slow internet connections   - those who paid for an expensive TV in the last few years and don't want to buy a newer \"\"smart tv\"\"  - those terrified of complex UIs for using the various streaming services - think of the classic example of those who can't program a VCR, now imagine them with a qwerty keyboard trying to watch something  etc.\""}
{"_id": "422522", "title": "", "text": "Are there any advantages to layaway? There are two main advantages. First, when you pay the initial deposit the seller reserves the item for you at a given price. This is helpful with unique products, like a high-end custom-made watch. If there is only one of those watches in the entire world, then it's nice to know that the seller won't sell it to anyone else while you're getting together the remaining funds and the price you're paying is locked in. Second, layaway agreements often allow for a payment plan. This is helpful for people who have a hard time saving up money. For many, it's easier to make smaller monthly payments than a large one-time payment. Of course the cost of layaway is that you're $30,000 short for up to 6 months. This money could be generating a significant amount of interest during a half-year period. You'll need to make sure that reserving the item and locking in the price are worth this cost."}
{"_id": "422531", "title": "", "text": "Assuming you and your family always get along and everyone is happy with the situation... Should you become ill, die, or go on government benefits for some catastrophe, the government will look at all those funds as YOURS, and now your wonderful family is hurt by the estate tax and/or expectations of how much of the bill you handle before support kicks in. Additionally, should you ever reach a point where you are married and then facing divorce (even if no fault of your own), all that investment is now up for grabs in equitable distribution.  So your family's entire investment fund is at risk."}
{"_id": "422535", "title": "", "text": "Well obviousafuckingly . . .it does not take a genius to figure out you don't fuck with some one who can fuck you up.  Ok poppets . .we are bored with North Korea, thats done.  Lets move on to the Nuclearization of the Middle east . . that is going to be so much more entertaining."}
{"_id": "422537", "title": "", "text": "&gt;The starving man has no means with which to attain a million dollars because he is incapable of contributing to society on that scale, the same would be true whether he was cast out to antarctica with a million dollars in a suitcase or put out on a curbside with nothing.  You failed to ask any necessary questions to establish context.  You made your assumptions on his value based on the notion that a starving MUST not have a way to contribute to society.  That same man may have been a scientist studying in the Antarctic when circumstances created by a storm caused him to lose sight of his base, and unable to make contact with anyone via his satellite phone.  The storm lasts for 5 days, the last 3 of which he is starving.  He survives and makes it back to base, but during those last days, he would have given anything for an egg.  This is caused circumstantial value.  His circumstances, no matter how temporary, added value to that egg that would not exist otherwise.  He was and is still a valuable asset to the world.  But he was economically dismissed by /u/rdrptr because of shortsitedness.  Tell me again how a mother\u2019s love has no bearing on economic systems?  How can my system be more flawed than yours, when you fail to recognize influences that shaped your own perceptions of economics, values, and life in general?  I\u2019m not tossing out age old, established, economic theories.  I\u2019m disagreeing with your interpretation of those theories."}
{"_id": "422553", "title": "", "text": "No, it's worse than that by far. LEGO was formerly so aggressive in its patent trolling that they were slapped with an injunction which threatened huge fines for the next time they attempted to enforce patents that had expired decades ago. It was only quite recently that they gave up decided to put on this new face.   It's unfortunate to see how gullible the community here is towards this patent troll."}
{"_id": "422554", "title": "", "text": "\"I would change that statement to \"\"very few people can CONSISTENTLY beat the market \"\". Successful strategies will get piled into and reduce returns. Markets will pick up inefficiencies, but at the same time they do exists. Tons of interesting reading especially in regards to value. Is there a risk premium that we don't know for value? Or is it a market behavior thing?\""}
{"_id": "422560", "title": "", "text": "\"A free solution that I've been using is Task Coach. It has tasks, subtasks, categories, and all the stuff you would expect from a time tracking program. It also counts each distinct period spent on a task as a separate \"\"effort\"\" that you can add comments, for example to remind you what that chunk of time was spent on.\""}
{"_id": "422561", "title": "", "text": "\"At this point, I want to tell you two things:  1. I truly believe that you are very concerned about racial hate and damage to society. You truly want Germany to help those in serious need. You are a fine person! I have the same concerns and approach.  2. I am a Jew, with many original family members in Germany now (almost all my family ran away from Germany and Czech Republic before WWII, few got hurt, and after WWII, some returned back, and to Germany).  So all this argument I have with you is not so much about Germans, who some of them risked their lives to save few members of my family. Yes, Germans almost died to saved some of my family.   It's about a concern for a misguided policy in Germany to allow AGAIN the rise of intolerance and racial problems, of which, for sure, Jews will be the victims again, but mostly other minorities, but not (!) Muslims.   If you did not know, the word \"\"anti-semitism\"\" was invented by Germans, and it is supposed to be against the semite race. European Jews are hardly semite but all Muslims and Arabs are pure true semites. Yet, Hitler and Muslims worked together and collaborated against Jews. Muslims were not killed by Germany.  (If you did not know, yes, all Jews were semites, but 2000 years in Europe, after expelled from ancient Israel 2000 years ago by the Romans, made the Jews in Europe hardly semite. Meanwhile, most Jews (60%) in Israel are not of European descent as they ended up in northern Africa and Asia and ALL(!) of them expelled from the Arabs/Muslim countries when Israel was established in 1948. Do you know that Hitler sent the Jews of Libya and other north Africa Arab/Muslim countries to concentration camps? But not any Libyans or other Arab/Muslims?)  SO, ALLOW me go the other direction with you now: do migrants get fined, houses raided and sent to jail over racist and intolerant sayings and actions? How about their religious leaders?  Sheikh Abu Bilal Ismail, speaking at the Al Nur mosque in Berlin, called upon Allah to \u201cdestroy the Zionist Jews\u201d. And nothing was done to him by the German government.  However, an old German lady was fined and her house was raided.  Think about it.  This will not end good with Germany!!!! Think it's early 1930 in Germany. Nobody could predict what happened 10 years later.  **I highly(!!!) respect Germans as they have very high and good standards in every respect. Something to admire! But, because of that, shown many times in the past, not only the 1930s, Germany is the last country that should be experimented in regards to racial tensions and rising problems (crime, intolerance, fanatic religious people, etc).**  Crime by migrants in Germany is up considerably, [Read here](https://counterjihadreport.com/2016/02/page/8/)   Read about Sheikh Abu Bilal Ismail in Germany [here](http://forward.com/news/world/202751/germany-warns-against-hate-speech-after-imam-calls/)\""}
{"_id": "422564", "title": "", "text": "Quite the Paradox this nation if you look from afar, but if you look closely you come to realize what you see is what you get.  A darling of Israel because it echos its hatred for Muslims and is willing  to eagerly spread anti-Muslim propaganda. It also is the closest to Pakistan which is the thorn in Israels anti-muslim ribs, a muslim country with a nuclear bomb, so it arms India with as much as it can and has deep ties. Rumor has it that the Hindus are actually the 13th lost tribe who worshiped the calf.  America would woo India as a counter Balance to China and Russia in the region, as an added bonus, perhaps a smaller wheel to power America's funny money economy though that will burn out the Indian economy a lot faster, and its effects are visible already.  In an effort to please India has made an attempt to restructure it central bank, but it has gone as well as a pile of shit in the open, with badly time rate decisions and demonetization debacles, not to mention deep corruption and a culture of graft.  China looks at India as a reluctant partner in BRICS, while Russia looks at India as a long time but extremely unreliable partner. They both recognize that BRICS cannot continue in this vain with India playing the American agenda in a unity that is supposed to directly confront IMF and world bank control of the region.  Its economy has been talked up by the US but has deep structural and systemic weakness and is folded over like bubble wrap. It has made arms deals it wont be able to pay for and its just a matter of time before the consequences of being openly promiscuous hit home hard.  They have a space program, but no toilets, pretty girls though . .very very pretty girls."}
{"_id": "422571", "title": "", "text": "Question for peiple in the industry already! Just completed an 8 month work term at an energy trading firm as a quant  Got offered a permanent in risk doing the same thing. Salary of 70,000, so not great but can lead to a transition into trading. Question is do i put off school and take it since its permanent? Or would you go back to school knowing that you had gained great experience and try the job market after completion of the degree? Thanks also thinking of doing cfa level while in school.  Tldr: finish temaining seven classes or take a full time position where i did a student term?"}
{"_id": "422573", "title": "", "text": "I think I see why we have a divide in this country.  Given that we're growing at the same rate as at the end of the Obama presidency, you don't think Hillary would've delivered the same results (or Bernie, Ted, Marco, Evan, or whoever)?  6 months is really too short a time to see the effect of economic policies."}
{"_id": "422579", "title": "", "text": "It depends on the terms of the lease, but it's hard to imagine a lease that would allow to do this unilaterally with no strings attached.  That means it actually depends not on how much you like your landlady, but on how much she likes you. In general, by signing the lease you assume a contractual obligation to pay the rent every month for the entire term of the lease.  In theory, you can be sued if you don't do that. In practice, a lot depends on your relationship with your landlord, as well as the rental market in your area.  If the landlord can easily find a replacement tenant, they may be willing to allow you to leave early.  If the rental market is slow, they will be more likely to hold you to the agreement.  Obviously, if you have a good relationship with the landlord, they may be more inclined to go easy on you. As far as telling your landlady you want to terminate the lease early, unless she's a particularly nasty person, you can just go ahead and tell her you'd like to leave early.  What you can't do is actually stop paying rent.  If you're on reasonably good terms with your landlady, you could just tell her your situation and say you'd like to move out.  She may be willing to work out an arrangement where she lists the apartment while you're still living there, allows prospective tenants to view it while it's occupied, and then has you move out if and when someone else wants to move in (e.g., at the end of the month).  Again, exactly how this works will probably depend on the rental market. Assuming you're in the USA, here is a useful page with some info on breaking a lease.  As mentioned there, the legal details vary by state."}
{"_id": "422581", "title": "", "text": "I don't honestly understand my country's fascination with Tim Horton's coffee.  It's horrible.   It's hard to drink in the car with those shit lids they use too.   The trucker trick helps mitigate it some, but seriously 7-eleven coffee is even better than Tim Horton's."}
{"_id": "422597", "title": "", "text": "Honestly, 10 wash trades is next to nothing.  I run a small automated trading firm and I get maybe 20-30 wash trades per quarter.  You get fined for them but it's not a big deal, preventing wash trades can be pretty hard and sometimes it's entirely out of your control.  Canada has much stricter rules about wash trading, the U.S. has more lenient rules on them, and in Europe you can wash trade all you want because honestly it doesn't make much of a difference.  Anyhow, just trying to give some perspective that 10 instances of wash trading is not unusual/uncommon, won't have any market impact one way or another, and often happens by accident.  If anything wash trades are just a pain in the ass, you end up paying transaction costs for nothing."}
{"_id": "422601", "title": "", "text": "Well, modern satellite tv systems use mircowaves.   Of course, random things can affect the signal, but it usually is pretty stable, or Dish Network would be out of business, much less be able to provide hd content.  Sending information about stock trades wouldn't need nearly as much bandwidth, they're mainly shooting for low latency.  But sometimes there will be a bad signal that interferes with communication.  It would be interesting to see how they account for any trades that are lost in the air."}
{"_id": "422603", "title": "", "text": "If you're paying a foreign person directly - you submit form 1042 and you withhold the default (30%) amount unless the person gives you a W8 with a valid treaty claim and tax id. If so - you withhold based on the treaty rate. From the IRS: General Rule In general, a person that makes a payment of U.S. source income to a   foreign person must withhold the proper amount of tax, report the   payment on Form 1042-S and file a Form 1042 by March 15 of the year   following the payment(s). I'd suggest to clarify this with a licensed tax adviser (EA/CPA licensed in your State) who's familiar with this kind of issues, and not rely on free advice on the Internet or DIY. Specific cases require specific advice and while the general rule above holds in most cases - in some there are exceptions."}
{"_id": "422608", "title": "", "text": "The only reason they didn't go bankrupt 20 years ago is because old people shop there. No joke, 50+ year olds have a mysterious allegiance to Sears where price etc. doesn't matter to them, they shop there anyway.  As soon as all the oldies die off, Sears will too."}
{"_id": "422609", "title": "", "text": "Too much infrastructure (brand new waterfront promenade and  A LOT of new homes).  Apparently Stockton is the second hardest hit city in the USA from the 2007 housing crisis. Lots of foreclosures. They were betting that people would move out to Stockton from the Bay Area for housing price relief. Obviously they bet wrong."}
{"_id": "422621", "title": "", "text": "I will be messaging you on [**2018-09-13 22:07:37 UTC**](http://www.wolframalpha.com/input/?i=2018-09-13 22:07:37 UTC To Local Time) to remind you of [**this link.**](https://www.reddit.com/r/business/comments/6ztraf/bitcoin_fell_below_4000_overnight_continuing_its/dmyvv1h)  [**7 OTHERS CLICKED THIS LINK**](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[https://www.reddit.com/r/business/comments/6ztraf/bitcoin_fell_below_4000_overnight_continuing_its/dmyvv1h]%0A%0ARemindMe!  One Year  ) to send a PM to also be reminded and to reduce spam.  ^(Parent commenter can ) [^(delete this message to hide from others.)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Delete Comment&amp;message=Delete! dmyvvpb)  _____  |[^(FAQs)](http://np.reddit.com/r/RemindMeBot/comments/24duzp/remindmebot_info/)|[^(Custom)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[LINK INSIDE SQUARE BRACKETS else default to FAQs]%0A%0ANOTE: Don't forget to add the time options after the command.%0A%0ARemindMe!)|[^(Your Reminders)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=List Of Reminders&amp;message=MyReminders!)|[^(Feedback)](http://np.reddit.com/message/compose/?to=RemindMeBotWrangler&amp;subject=Feedback)|[^(Code)](https://github.com/SIlver--/remindmebot-reddit)|[^(Browser Extensions)](https://np.reddit.com/r/RemindMeBot/comments/4kldad/remindmebot_extensions/) |-|-|-|-|-|-|"}
{"_id": "422640", "title": "", "text": "Economics, the only field that you can be wrong more than you're right and still have credibility with mainstream society. Imagine if doctors, engineers or accountants were wrong more than they were right, what kind of a society would that create? Maybe we should expect more from people in a field who influence our economic futures."}
{"_id": "422673", "title": "", "text": "$60-$100 US is typical for US 1099 contract IT work, but it varies quite a bit by location and industry. Contract agencies can charge more (sometimes significantly more), but you probably don't have the clout to ask for rates that are on par with those. $85 per hour might be a good starting point.   Here are some factors to consider: I am not qualified to comment on the Canadian vs US legal and tax aspects fo your situation. Good luck"}
{"_id": "422675", "title": "", "text": "\"ok dude.  reality check.  the koch brothers pay more in taxes in a day than you will in a lifetime.    but if you can back up your statements my mind is open.    but what it sounds like is you have \"\"reddit front page sub bias disorder\"\".\""}
{"_id": "422684", "title": "", "text": "\"You're calculating it exactly right. I wrote about this one on my blog a while ago. Lesson learned is that nothing comes for free, and you can take the saying \"\"there are no free meals\"\" quite literally in this case. edit To address the comments about tips... I don't believe tips should be compulsory. Its my reward to the server for outstanding service. Not part of the cost of the meal. If its part of the server's salary - then I prefer not to dine in such a place (and at least in some places its illegal to consider tips as part of the salary). The coupon in question explicitly requests tipping the server. Thus, the tips with or without the coupon are still expected, and that's why I'm not taking them into the consideration. According to the laws of the State of California (where I live), mandatory charges, such as the 18% gratuity charge required by the coupon, are not tips, and don't have to be passed on to the employees. Thus, employees will still expect my tips on the bill, so I'm basically required to tip twice, when using the coupon.\""}
{"_id": "422694", "title": "", "text": "Determining on what is the best pirate telescope to spend in will surely be reliant on what you\u2019d love to utilize it for. Spending your money in the finest telescope will let you to relish several years and also decades of pleasure from astronomy, whilst purchasing inexpensive designs might lead to dull star gazing and aggravation."}
{"_id": "422697", "title": "", "text": "\"I am very late to this forum and post - but will just respond that I am a sole proprietor, who was just audited by the IRS for 2009, and this is one of the items that they disallowed.  My husband lost his job in 2008, I was unable to get health insurance on my own due to pre-existing ( not) conditions and so we had to stay on the Cobra system.  None of the cost was funded by the employer and so I took it as a SE HI deduction on Line 29.  It was disallowed and unfortunately, due to AGI limits, I get nothing by taking it on Sch. A.  The auditor made it very clear that if the plan was not in my name, or the company's name, I could not take the deduction above the line.  In his words, \"\"it's not fair, but it is the law!\"\"\""}
{"_id": "422704", "title": "", "text": "As the other answers indicate, if you look only at the clear mathematical formulas regarding your debts and their interest rates, then you'll see that it's better (less expensive) to pay off your student debt first.  However, you must also take into account the value of your car, as it is an asset. The older your car gets, the less it's worth. The more your car gets used and worn out, the less it's worth. Cars depreciate at about 15% per year on average. However, you're continuing to pay the same amount of money to keep a decreasingly valuable asset. Now, you also have to include the fact that you may be required to carry full-coverage car insurance, versus liability insurance. This can represent an increase in spending if you'd prefer to have liability only. With insurance in the picture, you should also be thinking about the possibility that something could happen to your vehicle that causes it to be worth less than you owe, or just worthless. If such an event happens, then you may have more difficulty acquiring a replacement vehicle. I, personally, don't find the increase in total interest paid on student loans to offset the other consideration regarding the value of a car. I'm in a similar situation as you (except your values are all about double what mine are). The peace of mind I gain from being able to pay off the car more quickly, and use that money towards loans or whatever I want, is worth the interest I'll earn by not putting that money into the student loans instead. I also prefer the idea of being able to more easily use my vehicle as a trade in, in case I need to get a different vehicle to better suit my family size."}
{"_id": "422712", "title": "", "text": "\"The flaw in your reasoning is that you are assuming that renting a house is easy and automatic. Who is going to manage the property? Your parents? What are you going to do if the tenants burn the place down, start having drug parties there, or secretly have 6 cats who piss everywhere so noone will ever want to rent it again? What are you going to do when the house goes unrented for a year and you have to pay a year's worth of mortgage payments with no rental income? What are you going to do when some deadbeat decides to stop paying the rent, but won't move out, and when you try to evict him, he goes to court to stop you? You going to fly to NJ to make the court appearances? Unless you sell your existing house, or your parents buy you out, then you need to stay. You should not attempt to own two houses at once with one of the houses located not where you are at. That will not turn out well. Also, just as an aside, 30-year mortgages are not an \"\"investment\"\"; they are a way to lose money. Usually people get them because they want a big beautiful house that they cannot afford, so they borrow the money. That is not \"\"investing\"\", that is wasting money to live in luxurious circumstances. If you want to become wealthy, buy a property you can afford, not something that you have to string out payments for 30 years.\""}
{"_id": "422724", "title": "", "text": "This afternoon I used an ANZ ATM inside the Branch on Lane Xang Avenue. The ATM tells you the maximum. Pro tip: If the wad of bills is too thick you can change it at the teller to bills of 100,000 kip each to slim it down a little. I read on a forum that most other banks' ATMs in Laos have a maximum of 1,000,000 LAK but that ANZ's fees are a bit higher than the other ATMs."}
{"_id": "422735", "title": "", "text": "Your experience may be unique to you but the Chipotle I go to has a multi-racial group with people of varying ages. In some ways I like that younger people are working those places because that's what you do when you're young. In fact I prefer the staff to be younger because that's a group that needs money the most. I don't get the same level of hopeful cheeriness with a staff that's much older. Fast food jobs belong to the youth."}
{"_id": "422739", "title": "", "text": "A lot of people on here will likely disagree with me and this opinion.   In my opinion the answer lies in your own motives and intentions.   If you'd like to be more cognizant of the market, I'd just dive in and buy a few companies you like.  Many people will say you shouldn't pick your own stocks, you should buy an index fund, or this ETF or this much bonds, etc.  You already have retirement savings, capital allocation is important there.  You're talking about an account total around 10% of your annual salary, and assuming you have sufficient liquid emergency funds; there's a lot of non-monetary benefit to being more aware of the economy and the stock market.  But if you find the house you're going to buy, you may have to liquidate this account at a time that's not ideal, possibly at a loss. If all you're after is a greater return on your savings than the paltry 0.05% (or whatever) the big deposit banks are paying, then a high yield savings account is the way I'd go, or a CD ladder. Yes, the market generally goes up but it doesn't ALWAYS go up.  Get your money somewhere that it's inured and you can be certain how much you'll have tomorrow. Assuming a gain, the gain you'll see will PALE in comparison to the deposits you'll make.  Deposits grow accounts.  Consider these scenarios if you allocate $1,000 per month to this account.   1) Assuming an investment return of 5% you're talking about $330 return in the first year (not counting commissions or possible losses). 2) Assuming a high yield savings account at 1.25% you're talking about $80 in the first year.   Also remember, both of these amounts would be taxable. I'll admit in the event of 5% return you'll have about four times the gain but you're talking about a difference of ~$250 on $12,000.  Over three to five years the most significant contributor to the account, by far, will be your deposits.   Anyway, as I'm sure you know this is not investment advice and you may lose money etc."}
{"_id": "422749", "title": "", "text": "Talking to Siri doesn't really look much different to an observer than when you're talking to a human on the other end of the phone, does it?  We are in the infancy of voice control, and that stigma will go away in short order."}
{"_id": "422750", "title": "", "text": "The bottom line is you have an income problem.  Your car payment seems very high relative to your income and your income is very low relative to your debt.  Can you work extra jobs or start a small business to get that income up?   In the US it would be fairly easy to work some part time jobs to get that income up about 1000 per month.  With that kind of difference you could have this all knocked out (except for the car) in about a year.  Then, six months later you could be done with your car. Most of the credit repair places are ripoffs in the US and I suspect it is similar around the world."}
{"_id": "422770", "title": "", "text": "Run the numbers in advance. Understand what are the current rates for an additional 2nd mortgage, what are the rates for a brand new mortgage that will cover the additional funds. Understand what they are for another lender.  Estimate the amount of paperwork involved in each option (new first, new 2nd, and new lender). Ask the what are the options they can offer you. Because you have estimated the costs in money and time for the different options, you can evaluate the offer they make. What they offer you can range from everything you want to nothing you would accept. What they offer will depend on several factors: Do they care to keep you as a customer?; Do they expect you to walk away?; are they trying to get rid of mortgages like the one you have?; Can they make more money with the plan they are offering you? You will be interested in the upfront costs, the monthly costs, and the amount of time required for the process to be completed."}
{"_id": "422783", "title": "", "text": "&gt; I believe he thinks that it cannot be racist if it is the truth, when in reality it's not true.   It is very sad if you really believe this  &gt; I think that a large part of the reason white people were successful in the United States was because of the massive wealth of resources.  Zimbabwe is very rich in resources."}
{"_id": "422793", "title": "", "text": "What's also interesting is that JP Morgan is heavily involved in the Enterprise Ethereum Alliance, to the point of sponsoring conferences and developing their own client [software](https://www.jpmorgan.com/global/Quorum).  Initially this is for private networks but they say they plan to connect to the public chain once it scales better and has stronger privacy features."}
{"_id": "422820", "title": "", "text": "\"How can one offset exposure created by real-estate purchase? provides a similar discussion. Even if such a product were available in the precise increments you need, the pricing would make it a loser for you. \"\"There's no free lunch\"\" in this case, and the cost to insure against the downside would be disproportional to the true risk. Say you bought a $100K home. At today's valuations, the downside over a given year might be, say, 20%. It might cost you $5000 to 'insure' against that $20K risk.  Let me offer an example - The SPY (S&P ETF) is now at $177. A $160 (Dec '14) put costs $7.50. So, if you fear a crash, you can pay 4%, but only get a return if the market falls by over 14%. If it falls 'just' 10%, you lose your premium.   With only 5% down, you will get a far better risk-adjusted return by paying down the mortgage to <78% LTV, and requesting PMI, if any, be removed. Even if no PMI, in 5 years, you'll have 20% more equity than otherwise. Over the long term, 5 year's housing inflation would be ~ 15% or so. This process would help insure you are not underwater in that time. Not guarantee, but help.\""}
{"_id": "422821", "title": "", "text": "ULIP insurance plan ULIP is Unit Linked Insurance Plan. The premium you pay, a small part goes towards covering life insurance. The Balance is invested into Stock Markets. Most ULIP would give you an option to choose from Debt Funds [100% safe buy low returns 5-7%] or Equity [High Risks, Returns can be around 15%]. Or a mix of both. ULIP are not a good way to save money. There are quite a few hidden fees that actually reduce the return. So notionally even if returns shown are great, in effect it is quite less. For example the premium you pay in first year, say Rs 10,000/- Rs 2,500/- goes towards commission. And say Rs 100 goes towards insurance. Balance Rs 7,400/- units are purchased in your account. Even if these grow by 20%, you are still in loss. Ofcousre, the commissions go down year after year and stop at 5%. Then there is fund management fees that you don't get to see. There is maintenance fee that is deduced from your balance.  Thus the entire method of charging is not transparent. Life insurance from LIC There are broadly 2 types of Life Insurance plans Money Back / Endowment Plan. The concept here is again same, you pay a premium and part of it goes toward Insurance. The balance LIC invests in safe bonds. Every year a bonus is declared; generally less than Bank rate. At the end of the plan you get more than what you paid in premium. However if you had kept the same in Bank FD, you would have got more money back. So if you die, your nominee would get Insurance plus bonus. If you survive you get all the accumulated bonus. Pure Term Plan. Here the premium is quite less for the sum insured. Here if you die, your nominee would get insurance. If you survive you don't get anything."}
{"_id": "422828", "title": "", "text": "There is no magic bullet here.   If you want professional management, because you think they know more about entry and exit points for short positions, have more time to monitor a position, etc... (but they might not) try a mutual fund or exchange traded fund that specializes in shorts. Note:  a lot of these may not have done so well, your mileage may vary"}
{"_id": "422876", "title": "", "text": "I would prefer a dividend paying company, rather than share appreciation. And I would prefer that the dividends increase over time."}
{"_id": "422879", "title": "", "text": "\"From a talk by entrepreneur and investor Gary Vaynerchuk: @2:37: Look yourself in the mirror and ask yourself: \"\"What do I want to do every day for the rest of my life?\"\" Do that. I promise you can monetize that shit. @12:04: I don't want to hear about this \"\"9 to 5, I don't have time\"\" thing. If you want this, if you have a passion, work 9 to 5, spend a couple hours with your family, 7[pm] to 2 in the morning it's plenty of time to do damage. But that's it; it's not gonna happen any other way. @You work 9 to 6, you get home, you kiss the dog, and you go to town. Everybody has time. Stop watching fucking Lost. If you want this, if you want bling-bling, if you want to buy the Jets, work. That's how you get it.\""}
{"_id": "422886", "title": "", "text": "Can this be possible that I wish to convert some amount of INR to USD and keep USD in my bank account? This is not possible the way you have described. A resident Indian can hold a Foreign Currency account designated in USD. The deposit into this accounts are only due to specified transactions. One cannot directly convert INR to USD. Read the RBI guideline here. A simplified info is also available on ICICI Bank site."}
{"_id": "422904", "title": "", "text": "How S&P 500 returns are calculated is jotted down here. You should follow the same methodology i.e. base-weighted aggregate methodology to calculate your own returns. Anything different and it would be an incorrect comparison."}
{"_id": "422908", "title": "", "text": "\"There is no \"\"should\"\", but I am strongly of the view that if you have savings of several months' salary or more, they should not only be in a separate account, but with a separate financial institution, or even split between two others. A fraction of a percent of extra interest is scant reward for massively increased personal risk.  The reason for this is buried in the T&Cs. There is almost always a \"\"right of set off\"\": if one account is overdrawn, the bank reserves the right to take money from your other accounts. Which sounds fair enough, until you consider the imbalance of power. Maybe your salary account gets hacked? Maybe that's the bank's fault? Maybe the bank has made an accounting error? Maybe the bank has gone bust? Maybe you need to employ a lawyer to act on your behalf? Oh dear, you no longer have any savings. (*) This cannot happen if your savings are with a completely separate institution. Then, the only way that the salary account bank can touch your savings is by winning in the courts. If you split the savings two ways, you have also given yourself the reassurance that in the worst case only half your savings have been affected. \"\"Don't put all your eggs in one basket\"\" is proverbial. And there's a folk song that's lodged in my memory...  \"\"As through this world I wander, I've met all kinds of funny men. Some rob you with a six-gun, some with a fountain pen. Yet as far as I have wandered, as far as I have roamed, I've never seen an outlaw drive a family from their home\"\".  I've never been in this sort of trouble and the UK's laws tend to favour the banks' customers. I don't even hate bankers. Yet even so, why take this risk when it can so easily be reduced? (*) If this sounds far-fetched, read the news, for example https://www.theguardian.com/business/2017/feb/02/hbos-manager-and-other-city-financiers-jailed-over-245m-loans-scam\""}
{"_id": "422911", "title": "", "text": "Agreed.  Its speculative and not worth the time for now. In the past few months, Bitcoin has transformed into a BottleneckCoin with transaction time taking days (unless you pay a premium to miners to process it ASAP) and previously attractive processing-fee has skyrocketed.  Lastly, there is also a real threat that Bitcoin might bifurcate into two versions by August 2017.   Why?  Miners want to increase the size of Bitcoin blocks and the core developers who are the defacto \u2018overseers\u2019 do not welcome this. Likewise, the de facto overseers that are instrumental in upholding Bitcoin\u2019s bug-proof software, want to manage some of its data outside the main network to reduce congestion and allow projects such as smart contracts to be built on top of Bitcoin."}
{"_id": "422922", "title": "", "text": "To calculate any daily return, all one need do is divide the final value by the initial value, subtract 1, and multiply by 100%: This can be applied to either the futures alone, the investments used as margin collateral alone, or all together. Margin collateral as a factor of a derivative's return Collateral can take many forms. Many suggest that cost and revenue for a derivative trade should also take into account margin requirements.  This can become problematic. If a futures position moved against the trader, yet the margin was secured with equities at the maximum, and the equities moved with the trader, the futures trade could be interpreted as less of a loss because the collateral, which is probably totally disassociated with the futures position, increased in value. Then again, if a futures position moved with the trader, yet the margin collateral moved against the trader then taken together, the futures trade would look less profitable. Furthermore, most likely the result of a futures position and its collateral would never produce the same result, so extrapolation would become ever more difficult. For ease of analysis, a position's cost and revenue should be segmented from another unless if those positions are meant to hedge each other.  Margin is not a cost, but it is a liability, so margin will affect the balance sheet of a futures trade but not its income statement, again unless if the collateral is also used to hedge such futures position."}
{"_id": "422926", "title": "", "text": "What is scary about Amazon is that they don't need to make a profit. Grocery stores that have higher profit margins (Publix) are going to struggle to compete with a company that has made it's name not really making money. IMO it's very scary to be up against competition that gives no fucks about making money."}
{"_id": "422938", "title": "", "text": "I use two different brokerages, both well-known. I got a bit spooked during the financial crisis and didn't want to have all my eggs in one basket. The SIPC limits weren't so much a factor. At the time, I was more worried about the hassle of dealing with a Lehman-style meltdown. If one were to fail, the misery of waiting and filing and dealing with SIPC claims would be mitigated by having half of my money in another brokerage. In hindsight, I was perhaps a bit too paranoid. Dealing with two separate brokerages is not much of an inconvenience, though, and it's interesting to see how their web interfaces are slightly different and some things are easier to do with one vs the other. Overall, they're really similar and I can't say there's much advantage (other than my tin-foil hat tendencies) to splitting it up like that."}
{"_id": "422939", "title": "", "text": "Banks in New Zealand tend to take a lien that is higher than the amount of the loan, so that your only option for a second mortgage is with them. ASB wanted 50% more than the value of the loan when I had my mortgage with them. Of course, with house price inflation the way it's been in NZ, the value of your house may have outstripped the lien anyway, and you can mortgage the rest of it with anyone you like. I suspect your lawyer will need to inform the other lienholder, but you don't need their permission."}
{"_id": "422941", "title": "", "text": "\"The \"\"pure play\"\" would be using interest rate options.  http://www.cboe.com/Products/InterestRateOptionsSpecs.aspx\""}
{"_id": "422946", "title": "", "text": "You are young so you have time on your side. This allows you to invest in more aggressive investments. I would do the following 1) Contribute at least what your company is willing to match on your 401k, if your company offers a Roth 401k use that instead of the normal 401k (When this becomes available to you) 2) Open a Roth IRA Contribute the maximum to this account ~$5500/year 3) Live below your means, setup a budget and try and save/invest a minimum of 50% of your salary, do not get used to spending more money. With each bonus or salary increase a minimum of 75% of it should go toward your savings/investment. This will keep you from rapidly increasing your spending budget.  3) Invest in real estate (this could be its own post). Being young and not too far out of college you have probably been moving every year and have not accumulated so much stuff that it makes moving difficult. I would utilize your FHA loan slot to buy a multifamily property (2-4 Units) for your first property using only 3.5% down payment (you can put more down if you like). Learn how to analyze properties first and find a great Realtor/Mentor. Then I would continue as a NOMAD investor. Where you move every year into a new owner occupied property and turn the previous into a rental. This allows you to put 3-5% down payment of properties that you would otherwise have to put 20-25% and since you are young you can afford the risk. You should check out this article/website as it is very informative and can show you the returns that you could earn. Young Professional Nomad Good luck I am in a very similar situation"}
{"_id": "422952", "title": "", "text": "Five years is too short to be able to safely invest the money in any productive manner. You're saving, not investing. Part of the problem is that you don't have all the money right now, and you'll need to add to it over the next few years until you have enough for a down payment. See the notes under CDs and bonds below for why this is a problem. The universe of options: As for the Roth, as duffbeer703 said, I'm not sure it's worth the hassle and risk that you'll want the money sooner and be forced to wait. (E.g. you end up with enough money in 4.25 years for a house that you want but you have to wait 9 months to be able to tap the Roth.) As noted above, the yields are so low that the losses to taxes aren't really going to amount to much. On $10k you're looking at $150 max earnings, and losing maybe $40 of it to taxes (annually). So avoiding taxes won't shrink your time horizon by any meaningful amount. I'd just open a high yield savings account and start dumping money in. Keep an eye on shorter term (1yr) CD rates and if they go above the savings yield and the timing is right then take advantage of it."}
{"_id": "422956", "title": "", "text": "\"Yeah, I sent an email about it 9 months ago:  \"\"I am interested in getting a plan for unlimited NYTimes.com access *without* a Smart Phone or Tablet app. Right now the only plans I see include either of those or both. I just wanted to express my consumer interest in such a plan, I hope you offer one in the future.\"\"  They replied:  &gt;Thank you for contacting NYTimes.com.  &gt;You are correct. We currently offer a web &amp; smartphone subscription, a web &amp; tablet app subscription and an all digital access subscription. We do not currently have a web only subscription.  &gt;We appreciate your feedback and have passed it along to the appropriate department. Please let us know if we can be of any further assistance to you.\""}
{"_id": "422974", "title": "", "text": "\"While I know some people prefer handling things more \"\"manually\"\", I really like automating everything possible. To the greatest extent possible, my deposits automatically go into my Checking account and my bills automatically withdraw from it. That way, I never have to worry about accidentally paying a bill late, and my financial life just runs mostly on its own. There are a couple things to be wary of when automating one's financial life:\""}
{"_id": "422979", "title": "", "text": "The fact that you are planning to move abroad does not affect the decision to contribute to a 401(k). The reason for this is that after you leave your employer, you can roll all the money over from your 401(k) into a self-directed traditional IRA. That money can stay invested until retirement, and it doesn't matter where you are living before or after retirement age.  So, when deciding whether or not to use a 401(k), you need to look at the details of your employer's plan: Does your employer offer a match? If so, you should definitely take advantage of it.  Are there good investments available inside the 401(k)? Some plans offer very limited options. If you can't find anything good to invest in, you don't want to contribute anything beyond the match; instead, contribute to an IRA, where you can invest in a fund that you like.  The other reason to use a 401(k) is that the contribution limits can be higher. If you want to invest more than you are allowed to in an IRA, the 401(k) might allow that.  In your case, since there is no match, it is up to you whether you want to participate or not. An IRA will allow more flexibility in investing options. If you need to invest more than your IRA limit, the 401(k) might allow that. When you leave your employer, you should probably roll any 401(k) money into an IRA."}
{"_id": "422988", "title": "", "text": "Besides that, that about my comment was actually 'wrong' no matter what you do have about 60 hours of Gen eds to take. Everything beyond that was advice and recommendations which are never 'wrong' because they don't claim to be empirically 'right' in the first place."}
{"_id": "422989", "title": "", "text": "Having trouble understanding currency arbitrage for one example. Conditions: US 3% interest per 6 months Germany 3.6% interest per 6 months Spot rate is $1.09/euro 6-month Forward is $1.04/euro  How do I make this into an arbitrage opportunity?  There is supposed to be a profit but I keep getting negatives. Any help would be greatly appreciated."}
{"_id": "422994", "title": "", "text": "\"Get a will completed ASAP.  It sounds like you are not doing a standard inheritance, so you will want to have it down in writing.   If money is an issue, I would research were you can get a will done for cheap, but I would avoid doing a \"\"fill out the form yourself\"\" kind of a thing given that this is non-standard.\""}
{"_id": "423002", "title": "", "text": "\"&gt; having to wait around for the delivery  If it is advantageous for you to stay at the house (e.g. you have small children), online groceries will be your friend.  If you have a certain brand that you like, I am certain you will only need to find it once when buying online. Just like I use the \"\"reorder\"\" button to place the same online order over and over again on Chipotle.com.  It sounds like you might not be in the target demographic for the service, but that doesn't mean there is no market for it.\""}
{"_id": "423012", "title": "", "text": "Its easier than that: employer matching contributions are  always pre-tax. While your contribution is split between the pre-tax and the Roth post-tax parts, matching contributions are always pre-tax. Quote from the regulations I linked to: For example, matching contributions are not permitted to be allocated to a designated Roth account. So the tax you pay is only on the Roth portion of your contribution. One of the reasons for that is the complexity you're talking about, but not only. Matching is not always vested, and it would be hard to determine what portion to tax and at what rate if matching would be allowed to go to Roth."}
{"_id": "423034", "title": "", "text": "The Winning Investor http://winninginvestor.quickanddirtytips.com/ This is a blog and a podcast. Load a bunch of these onto your iPod and start listening. Stikky Stock Charts http://www.amazon.com/Stikky-Stock-Charts-professionals-smart/dp/1932974008 This is a beginner's guide on how to read charts. Lots of charts, not too many words."}
{"_id": "423035", "title": "", "text": "Track your expenses. Find out where your money is going, and target areas where you can reduce expenses. Some examples: I was spending a lot on food, buying too much packaged food, and eating out too much. So I started cooking from scratch more and eating out less. Now, even though I buy expensive organic produce, imported cheese, and grass-fed beef, I'm spending half of what I used to spend on food. It could be better. I could cut back on meat and eat out even less. I'm working on it. I was buying a ton of books and random impulsive crap off of Amazon. So I no longer let myself buy things right away. I put stuff on my wish list if I want it, and every couple of months I go on there and buy myself a couple of things off my wishlist. I usually end up realizing that some of the stuff on there isn't something I want that badly after all, so I just delete it from my wishlist. I replaced my 11-year-old Jeep SUV with an 11-year-old Saturn sedan that gets twice the gas mileage. That saves me almost $200/month in gasoline costs alone. I had cable internet through Comcast, even though I don't have a TV. So I went from a $70/month cable bill to a $35/month DSL bill, which cut my internet costs in half. I have an iPhone and my bill for that is $85/month. That's insane, with how little I talk on the phone and send text messages. Once it goes out of contract, I plan to replace it with a cheap phone, possibly a pre-paid. That should cut my phone expenses in half, or even less. I'll keep my iPhone, and just use it when wifi is available (which is almost everywhere these days)."}
{"_id": "423056", "title": "", "text": "Came here to say this. Sure Northrop Grumman et al make a shit ton of money for their shareholders and CEOs, but they also employ hundreds of thousands of people whose income and spending account for millions of dollars of tax revenue (not to mention they're... you know... humans with lives that would be damaged if we just eliminated their jobs).  This is the forgotten factor of defense spending. Real Americans depend on it to live. The American economy may depend on it to live."}
{"_id": "423063", "title": "", "text": "\"The answer to each of your questions is no. It is important to appreciate that the \"\"quoted\"\" ticker price may be delayed by say 15 minutes, and thus is not \"\"real-time.\"\"\""}
{"_id": "423070", "title": "", "text": "\"It is actually an option - last 3 places I worked during the negotiation I said \"\"how about you pay me 20% less than your offer but I work four days a week\"\".  They were happy and I was happy.\""}
{"_id": "423073", "title": "", "text": "Note that if 1)  The stock prices are continuously differentiable (they aren't) 2)  You rebalance continuously in the absence of trading fees and taxes then the return fraction (future price / original price) will be the geometric mean of the return fractions for each investment. If you don't rebalance then the return fraction will be the arithmetic mean. But the arithmetic mean is ALWAYS greater than or equal to the geometric mean, so continuous rebalancing in the case of continuously differentiable prices will always hurt you, even abscent trading costs/taxes. Any argument in favor of blind rebalancing which does not somehow fail in the continuously differentiable case is simply wrong. See https://dl.dropboxusercontent.com/u/38536036/to%20karim.pdf -JT"}
{"_id": "423074", "title": "", "text": "There are many aspects to consider in deciding what sort of company you want to form. Instead of an S-corporation, you should determine whether it would be better to form a Limited Liability Company (LLC), Limited Partnership (LP) or even a professional company (PC). Littleadv is correct: There is minimal benefit in forming an S-corp with you and your wife as the shareholders, if you will be the only contributor-worker. There are costs associated with an S-corporation, or any corporation, that might outweigh benefits from more favorable tax treatment, or personal protection from liability: Filing fees and disclosure rules vary from state to state. For example, my father was a cardiologist who had no employees, other than my grandmother (she worked for free), in a state with income taxes (NM). He was advised that a PC was best in New Mexico, while an S-Corp was better in Florida (there are no personal income taxes in Florida).  The only way to know what to do requires that you consult an accountant, a good one, for guidance."}
{"_id": "423083", "title": "", "text": "\"I get the sense that this is a \"\"the world is unfair; there's no way I can succeed\"\" question, so let's back up a few steps. Income is the starting point to all of this.  That could be a job (or jobs), or running your own business. From there, you can do four things with your income: Obviously Spend and Give do not provide a monetary return - they give a return in other ways, such as quality of life, helping others, etc. Save gives you reserves for future expenses, but it does not provide growth. So that just leaves Invest.  You seem to be focused on stock market investments, which you are right, take a very long time to grow, although you can get returns of up to 12% depending on how much volatility you're willing to absorb. But there are other ways to invest.  You can invest in yourself by getting a degree or other training to improve your income.  You can invest by starting a business, which can dramatically increase your income (in fact, this is the most common path to \"\"millionaire\"\" in the US, and probably in other free markets). You can invest by growing your own existing business.  You can invest in someone else's business. You can invest in real estate, that can provide both value appreciation and rental income.  So yes, \"\"investment\"\" is a key aspect of wealth building, but it is not limited to just stock market investment. You can also look at reducing expenses in order to have more money to invest. Also keep in mind that investment with higher returns come with higher risk (both in terms of volatility and risk of complete loss), and that borrowing money to invest is almost always unwise, since the interest paid directly reduces the return without reducing the risk.\""}
{"_id": "423092", "title": "", "text": "\"**Multi-level marketing**  Multi-level marketing, abbreviated as MLM, also called pyramid selling, network marketing, and referral marketing, is a controversial marketing strategy for the sale of products and/or services where the revenue of the MLM company is derived from a non-salaried workforce (also called participants, and variously known as \"\"salespeople\"\", \"\"distributors\"\", \"\"consultants\"\", \"\"promoters\"\", \"\"independent business owners\"\", etc) selling the company's products/services, while the earnings of the participants is derived from a pyramid-shaped commission system.  Although each MLM company dictates its own specific \"\"compensation plan\"\" for the payout of any earnings to their respective participants, the common feature which is found across all MLMs is that the compensation plans theoretically pay out to participants only from the two potential revenue streams. The first stream of compensation can be paid out from commissions of sales made by the participants directly to their own retail customers. The second stream of compensation can be paid out from commissions based on the sales made by other distributors below the participant who had recruited those other participants into the MLM; in the organizational hierarchy of MLMs, these participants are referred to as one's \u201cdown line\u201d distributors.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "423117", "title": "", "text": "\"Start by downloading, installing R. Then, in R, enter the command install.packages(\"\"AlphaVantageClient\"\"). That's case sensitive. From there, I'd refer you to the documentation I've provided in the above link. R is a full-fledged programming language, so it may take some learning to figure out all the particulars of the language if you've never had any coding experience. Enjoy!\""}
{"_id": "423137", "title": "", "text": "\"&gt; All companies are incorporated. It's the definition of a company.  That is incorrect; you have to follow specific legal procedures (the exact procedure seems to vary per state) to give a company the legal status of being \"\"incorporated\"\".  Dunno about incorporated companies automatically being \"\"public institutions\"\", but all companies are definitely not automatically incorporated.\""}
{"_id": "423139", "title": "", "text": "... or, I could just buy it from Walmart for the same price, and not have to lie.  This is why I many people simply don't buy certain things on Amazon. Walmart does have a big edge here, there is no doubt about it.  Amazon COULD close this gap if they started allowing automated fee-free returns at Whole Foods and Amazon Lockers (imagine you start a return, go to an Amazon locker, scan the code and drop it in the box... box weighs item and prints receipt)"}
{"_id": "423157", "title": "", "text": "&gt;It's pretty sad you think the people fighting in those countries are dumber then the American soliders (who by the way are mostly there as a result of being to stupid to do anything else), living a less impressive lifestyle doesn't make you stupid, it makes you a victim of circumstance.  The average IQ of Afghanistan is literally 85.  &gt;That aside, context is important, USA has more toys on US soil than the middle east, so you'll be bringing a gun to a drone fight, they would be fighting in territory they have comprehensively mapped using the largest communications collections framework in the world.  &gt;The leaders of any militia would be found and killed in hours if the entire weight of the US government were looking for them.  Do you think none of these tools are deployed in the Afghanistan?  What percentage of the US Military do you think would stay if it was deployed against US Citizens?"}
{"_id": "423163", "title": "", "text": "Judgement, settlement, insurance proceeds, etc etc. These would probably be recorded as a negative expense in the same category where the original expense was recorded."}
{"_id": "423170", "title": "", "text": "Are you looking for a trustworthy, reliable New York City IT support team to provide your business with a solid foundation for success? ingenuIT is an information technology consulting company focused on helping businesses meet their goals. We provide technology consulting, network implementation &amp; support, cloud &amp; virtualization services, and other mission-critical services."}
{"_id": "423171", "title": "", "text": "I'm assuming your talking USA. There are two ways to look. If you know you should pay on the cap gains, the best way to handle that separately from your salary is to file a quarterly tax payment.  That, I understand, is what the self-employed have to do. I'm in the situation where at some point, probably this year, the company that employs me will be bought out, and I will owe capital gains taxes on my shares gobbled up in the buy-out.  It's a cash-for-stock transaction.  So, in my case, I've just adjusted my W-4 to take advantage of the safe-harbor provision related to taxes I payed in 2016 and my salary.  The details vary depending on your situation, but in my case, I've calculated what it will take in W-4 allowances to make sure I pay 110% of my 2016 tax payment (after refund).  I'm not worrying about what the actual taxes on those shares of company stock will be, because I've met the rules for safe-harbor. Safe harbor just means that they can't penalize you for under-withholding or underpayment.  It doesn't mean I won't have to write a check on april 15."}
{"_id": "423177", "title": "", "text": "You can do it graphically at zignals.com and freestockcharts.com."}
{"_id": "423187", "title": "", "text": "I wasn't being condescending, but I was pointing out there are professional association barriers to entry into higher level professions. So go fuck yourself, and that's condescending. But do yourself a favor and read the goddamn requirements in those states. 3 of the 5 REQUIRE AT LEAST ONE YEAR OF LAW SCHOOL. The other two require at least three years of study, under an experienced lawyer. What lawyer in their right mind is going to hire you, pay you, and train you rather than doing billable work? From Slate: Law office readers comprised only 60 of the 83,986 people who took state and multi-state bar exams last year, according to the New York Times. They are also less likely to pass those exams. Only 28 percent of the tiny minority of law office readers passed their bar exams last year, compared to 78 percent of students who attended American Bar Association-approved law schools, reports The Times. So, 17 people in the whole fucking country went that route in 2013. 17 out of the 65,526 people who passed the bar. So, ok, not impossible, but is .026% of new attorneys a viable path? Fuck no.  Or maybe study up on medicine in your non-med school and sit for your USMLE, oh wait you can't.   Or go sit for the CPA exam without a bachelor's degree without at least 12 hours of accounting, 150 hours of college credits (30 more than just a bachelors degree), AND at least a year of accounting experience.   So thank you for the insult just for pointing out there ARE barriers to entry that cannot be overcome by OpenCourseWare style programs for many professions. Maybe you can take those 12 seconds and reconsider what life choices have brought you this moment where you are such a sad fucking jackass who cannot follow someone else's line of thought if it contradicts your own."}
{"_id": "423191", "title": "", "text": "\"These policies are usually called dread disease policies or critical illness insurance, and they normally aren't a good deal. Furthermore, with the passage of the Affordable Care Act, such policies may become less common or disappear entirely. These policies aren't a great deal because of the effects of adverse selection and asymmetric information, two closely related concepts in the economics of insurance. When you purchase an insurance policy, the insurance company charges you a premium based on your average risk level or the average risk level of your risk pool, e.g. you and your fellow employees, if you get insurance through your employer. For health insurance, this average risk level is the average probability that you'll incur healthcare costs. The insurer's actuaries calculate this probability from numerous factors, like your age, sex, current health, socioeconomic status, etc. Asymmetric information exists when you know more about this probability than the insurance company does. For example, you may look like a relatively low-risk individual on paper, but little does the insurance company know, BASE jumping is one of your hobbies. Because you know about your hobby and the insurance company doesn't, you secretly know that your risk of incurring healthcare expenses is much higher than the insurance company expects. If the insurance company knew this, they would like to charge you a much higher premium, if they could. However, they can't, because a) they don't know about your hobby, and b) the premium may be decided for the entire group/risk pool, so they can't increase it simply because a few individuals in the group have higher risk levels. Adverse selection occurs when individuals with higher risk levels are more likely to buy insurance. You may decide that because of your dangerous hobby, you do want to take advantage of your employer's healthcare plan. Unfortunately for the insurance company, they can't adjust their price accordingly. Adverse selection is a major factor in insurance markets, so I didn't go into much detail here (too much detail is probably off-topic anyway). I can point you towards more resources on the topic if you're interested.  However, the situation is different when you purchase a dread disease policy.  By expressing interest in such a specific policy, e.g. a cancer insurance policy, you signal to the insurance company that you feel you have a higher risk of facing that disease. In your case, you're signaling to the insurance company that your family probably has a history of cancer or that you have habits that make you more susceptible to it, and your premiums will be higher to compensate the insurance company for bearing this additional risk. Since the insurance company already has a rough estimate of your chances of developing that illness, they may already know that you have a higher chance of facing it. However, when you express interest in a disease-specific policy, this signals the existence of asymmetric information (your family history or other habits), and the insurer assumes you know something they don't that elevates your risk level of that specific disease. Since these policies are optional policies often sold as riders to existing policies, the insurance company has more flexibility in pricing them. They can charge you a higher premium because you've signaled to the insurer that you have a significantly above-average risk of contracting a specific disease*. Also, the insurer can do a much better job of estimating the expected costs of insuring you since they need only focus on data surrounding one disease. The policy will be priced accordingly, i.e. in such a way that isn't necessarily beneficial to you. Furthermore, most dread disease policies aren't guaranteed renewable, which means that even if you are willing to keep paying the premiums, the insurance company doesn't have to keep insuring you. As your risk of developing the specific disease grows, e.g. with age, it may pass the point where insuring you is no longer an acceptable risk. The company expects you to develop the illness with the next few renewal cycles, so they decide not to renew your policy. The end result? The insurance company has the premiums you've paid previously, but you no longer have coverage for that illness, and ex post, you've suffered a net loss with no reduction of risk for the foreseeable future.  Dread disease policies are changing under the Affordable Care Act. According to healthcare.gov Starting in 2014, ... all new health insurance plans sold to individuals and small businesses, and plans purchased in the new Affordable Insurance Exchanges, must include a range of essential health benefits. The essential health benefits include quite a few areas of coverage; since this applies to policies offered on the state insurance exchanges and those offered outside of it, dread disease policies wouldn't seem to qualify. For more information, you can read the linked page on healthcare.gov or see Section 1302, subsection b), titled \"\"Essential Health Benefits Requirements\"\" in the law itself (p87). I imagine more details will be available on a state-by-state basis through 2014 and into 2015.  One legal source (see the discussion on p24) states that: whatever else the ACA does with excepted benefit policies, including specific disease and fixed dollar indemnity policies, it does explicitly provide that such policies do not count as minimum essential coverage for purposes of the ACA This seems pretty straightforward; a dread disease (or \"\"specific disease\"\" policy, as it's referred to in the article), won't count towards the minimum essential requirements. This may not be an issue for you, but for others, it's important to understand that you'll still need to pay the penalty if you only purchase one of these policies. The ACA spells this out in Section 5000(f) (see p316, which states that \"\"excepted benefit policies\"\" are excluded and defines them using the definition in the Public Health Service Act (PHSA). **The PSHA specifically includes \"\"Coverage only for a specified disease or illness\"\" in their definition of \"\"excepted benefit policies\"\" (see section 2791(b), paragraph 3A on p82, so it's probably a safe bet that such policies won't count towards the minimum. Also, as Rick pointed out in the comments, the Affordable Care Act also forbids lifetime limits on most insurance plans, so assuming you find an insurance policy with adequate coverage for the specific disease you're worried about, such a plan should cover the related expenses without a lifetime limit. Deductibles, annual limits, and other factors may complicate this somewhat.  In the section about lifetime limits (Sec. 2711, p2), the Affordable Care Act states that: A group health plan and a health insurance issuer offering group or individual health insurance coverage may not establish ... lifetime limits on the dollar value of benefits for any participant or beneficiary.  However, the law states in the next paragraph that the preceding statement should not be construed to prevent a group health plan or health insurance coverage from placing annual or lifetime per beneficiary limits on specific covered benefits that are not essential health benefits under section 1302(b) of the Patient Protection and Affordable Care Act, to the extent that such limits are otherwise permitted under Federal or State law The section also contains similarly vague caveats about annual limits, so the actual details and limits may vary once individual states finalize their policies. The law is intentionally vague because the vast majority of the law's implementation is left up to individual states. Furthermore, certain parts of the law specify actions involving the Secretary of Health and Human Services, so these may require further codification in the future too. You should still read the fine print of any insurance policy you buy and evaluate it as you would any contract (see the next section).  Since a dread disease policy probably isn't a good idea, you'll probably want to evaluate the healthcare plans offered by your employer or individual plans offered in your area (if your employer doesn't offer coverage). I've tried to include the basic points offered in these articles to give you or future visitors some idea of where to start. These points may change once the Affordable Care Act is implemented, so I'll try to keep them as general as possible.  Services - Above and beyond the minimum essential requirements, what services does the plan offer? Are these services a good match for you and/or your family, or do they add unnecessary cost to the premium with little or no benefit? For example, my health insurance plan offers basic dental coverage with a small co-pay, so I don't need a separate dental plan, even though my employer offers one.  Choice - What doctors, clinics, hospitals, etc. are preferred providers under your plan? Do you need a referral from your primary care doctor to see a specialist, or can you find one on your own? Are the preferred providers convenient for you? In my first year of college (about five years ago), my student health insurance only covered a few hospitals that were in the suburbs and somewhat difficult for me to reach. This is something to keep in mind, depending on where you live.  Costs - This is a major one, obviously. Deductibles, copays, maximum cost limits over a year or your lifetime, out-of-network costs, etc. are all variables to consider.  There are other factors, but since I don't have a family, other members of the site can provide more detailed information about what to look for in family policies.  In place of a dread disease policy, you're likely better off purchasing a comprehensive health insurance policy, perhaps a catastrophic coverage policy with a high deductible that will kick in once you've exhausted your standard insurance policy. However, this may be a moot point since the passage of the Affordable Care Act may significantly reduce the availability of such policies anyway.\""}
{"_id": "423193", "title": "", "text": "Talk freely about what you can now do because of saving. If you plan to retire sooner than most, or more comfortably than most, and can tie that to something you want them to do, show them that. If you buy a very nice car, or install a pool, and they wish they could afford that, tell them it took 5 or 10 or 20 years to save up for it, at x a week, and now you have it with no loan. Or be a cautionary tale: wish you had something, and regret not having saved for it. Young adults are generally well served by knowing more of parental finances than they did while they were dependents. Ask them if they will want or need to fund parental leaves, make a down payment for a house, own vacation property, put a child through post secondary education (share the cost of theirs including living expenses if you paid them), or go on amazing vacations fairly regularly. Tell them what those things cost in round figures. Explain how such a huge sum of money can accumulate over 2, 5, 10 years of saving X a month. for example $10 a week is $500 a year and so on. While they may not want to save 20 years for their downpayment, doing this simple math should let them map their savings amounts to concrete wishes and timeframes. Finally, if this is your own child and they live with you, charge them rent. This will save them from developing the habit of spending everything they earn, along with the expensive tastes and selfish speaking habits that come with it. Some parents set the rent aside and give it back as a wedding or graduation present, or to help with a downpayment later, but even if you don't, making them live within their true means, not the inflated means you have when you're living rent-free, is truly a gift."}
{"_id": "423217", "title": "", "text": "You would be extremely delusional if you think the average joe could go to Princeton, and then get a senior executive position at age 29. I also would know because Im also privileged like David and so are most of my friends. I don't I have a single friend that is paying for their own tuition out of pocket.  http://www.nytimes.com/2013/03/03/fashion/weddings/david-knopf-edwin-marrero-weddings.html"}
{"_id": "423222", "title": "", "text": "I really enjoyed Creativity, Inc. (Pixar) and Delivering Happiness (Zappos). Pixar is kind of the poster for fostering a creative culture while Zappos is perennially on the best places to work. A nice balance to the more aggressive culture that is mentioned at Amazon in The Everything Store."}
{"_id": "423229", "title": "", "text": "It looks like the advice the rep is giving is based primarily on the sunk cost fallacy; advice based on a fallacy is poor advice. Bob has recognised this trap and is explicitly avoiding it. It is possible that the advice that the rep is trying to give is that Fund #1 is presently undervalued but, if so, that is a good investment irrespective if Bob has lost money there before or even if he has ever had funds in it."}
{"_id": "423245", "title": "", "text": "The Robber Barrons are in power and once they sink their claws into our system (and they have had them sunk in for decades) it will be hard to get rid of them, but for our own future we have to try to remove them."}
{"_id": "423251", "title": "", "text": "I've had them 4 times, it sucks hard. I have severe anxiety about getting bed bug bites now and I travel for work once a month at a minimum.  Don't worry I can one up you. Last work trip the other week was when this hit the front page of Reddit and  watched it: https://youtu.be/kvNbsi4aDuk"}
{"_id": "423260", "title": "", "text": "Need help with a finance problem I'm currently facing in my business.  My company might be going through an acquisition and I need to understand how the dilution works out for shareholders.  They currently have large shareholder loans (debt), and will be converting to equity pre-transaction.  For this case, if the original company value = $1 MM and the SHL value = $1 MM, I'm assuming that'd dilute equity by 50% for all shareholders if converted to equity at original company value.  Correct?  However, what if the $1 MM in shareholder loans were converted at the market value of the company, say $4 MM?    I might be confusing myself, but just want to confirm.. thanks!"}
{"_id": "423266", "title": "", "text": "\"I'll tackle number 2. It's one which many academics dismissed as an impossibility; after all, how could that be rational? What could cause negative yields (ie effectively giving an entity cash and paying for the privilege of doing so!) is something we've experiencing currently: fear. Back in the financial crisis, investors were actually paying to store their cash in treasuries, because of the  fear that if they left it with a bank they might not get it back.   What about the FDIC Insurance you may ask quite logically. The problem is that we're talking about massive entities, like pension funds, asset managers, corporations, who normally would store some (think millions - billions) in cash and cash equivalents (bank accounts, money market funds, short-term paper), they really aren't protected. So, they do what turns out to be the rational thing, which is pay a premium on \"\"safe assets\"\" ie US Gov't bills to guarantee you get most of your money back.  The same thing is currently happening with German front-end paper, as Europeans pull their money out of banks/periphery assets and search for safety.  Hope that helped.\""}
{"_id": "423272", "title": "", "text": "The phrase doesn't mean anything specifically. Your SO could start paying the payments, but the title and lien would remain in your name.  If you wanted to change the title or lien to be in her name, you would have to sell the car to her (sales tax would be involved but the process would be relatively painless).  You could sell her the car for a pretty cheap price, but not $1. (unless the depreciated value of the car was less than the rest of the loan amount). You could draft up an agreement that if you break up or something, she agrees to buy the car from you for $x dollars minus all the payments she has made on the car."}
{"_id": "423299", "title": "", "text": "**NEED** a car and a average quality 2 bedroom apt? your entitlement and privilege may be skewing what is necessary. how about public transport/bicycle/ ridesharing/ living in a 4 bedroom house of a bargain quality with more people instead of that avg 2 bedroom. my god the entitlement and privilege is crazy!"}
{"_id": "423320", "title": "", "text": "\"In response:   1 - So every disease that isn't glamorous enough to generate independent financing for research isn't going to get cured.  Gotcha.  More people die of colon and rectal cancer per year than breast cancer, but you'll never see a \"\"Save the poopers\"\" walk, because that shit doesn't sell yogurt.  Most \"\"awareness\"\" fundraisers don't do anything (or do comparatively little) for research.  They're more about supporting survivors.    Yet, the CDC is one of, if not the most successful federally-funded program ever.  It's wiped two diseases off the face of the earth.  No bake sale is going to do that.  Public health is a market failure - and the CDC has managed to give away 80% of its funding to third-party research and programming in such a way that it has accomplished goals including eradication of disease.    2 - First, [comptrollers](http://en.wikipedia.org/wiki/Comptroller) are financial reporting and accounting oversight managers.  The guys who wear headsets are aircraft controllers.    So which airline will have the flight controllers?  Will every small operation have to have its own controller in every tower at every airport it lands at?  Or will the airlines large enough to have controllers simply charge everyone else to use theirs?  Even more interesting, without oversight, what's to stop misinformation being fed between controllers with different carriers, for the profit of individual companies?  The FAA also inspects aircraft during manufacturing and maintenance.  If everyone who builds an aircraft is responsible for funding that themselves, or getting some third-party certification (yet another government organization must be created, or somehow exist profitably by magic), that's going to kill the world of experimental aircraft outside of the big three.    3 - You really didn't google anything before you got into this.  No, the police don't enforce FCC regulations; that all falls under the FCC's jurisdiction and they only rely on locals for backup security during raids, which are rare.  Leaving it to civil suits means anyone with the largest pockets gets to broadcast the loudest.  Leaving it to the locals means training local police to fox hunt.    Minor disputes over frequencies?  That's plainly naive; nearly everyone with a transmitter has more wattage available than they're legally permitted to use.  Broadcast wattage increases are delicately negotiated, petitioned, debated and re-petitioned, and then turned up.  Elimination of regulation wouldn't even be settled at the town level - you're talking inter-county and interstate disputes.  I personally broadcasted at a station that was greenlighted to 15,000W and we were heard in the tristate area and *Canada* - good luck coming to international accord on broadcasting standards without a federal body to speak for your industry.    I'm not even addressing your last paragraph.  It's just straw-manning and caricaturization.\""}
{"_id": "423329", "title": "", "text": "\"**If** you can resist peer pressure... Go to their meeting, and make a \"\"counteroffer\"\" to their promise of gold-plated helicopters and private islands:  You'll take a *mere* $100k salary instead (or if you already make that, double it - The number doesn't really matter).  Then watch them hem and haw as they try to find a way to \"\"do you a favor\"\" by not accepting your far too generous offer.  / Had a friend who made a pretty good living off going to Time Share demos for free weeks here and there scattered around luxury resorts.  I should mention he was a *big* guy, and the \"\"guy #3 blocks the doorway* tactic wasn't particularly effective against him.\""}
{"_id": "423355", "title": "", "text": "That seems unrealistic given his history of supporting corruption and ethics breaches. He was warned about corruption, ethical, and loyalty concerns for a bunch of his cabinet and he brought them on anyway.  These people did not get outed by trump, they abandoned him because he is a petulent, poorly performing, and all around unstable executive.  He cant even respond to domestic terrorism in any acceptable way."}
{"_id": "423356", "title": "", "text": "\"I once had to train a guy who worked 2.5 hours away. They had me drive each way everyday, paying both mileage and my hourly rate for the drive. So everyday was 5 hours drive time, 3 hours of work, plus mileage.   I asked for permission to get a hotel room, which would break even with my gas reimbursement and let me work with the guy 35 hours a week instead of 15.  They said no, my boss had discretion on driving, but had to get hotels approved. I was also told I had to work 5x8hrs days, not 4x10hrs, which would have saved a day of mileage and meals and given 5 extra hours a week with him.  There was also a minimum number of training hours that had to be done, so the lesser hours per week meant I did this for months instead of weeks if I had a hotel room.  I even got yelled at one day by the location manager because I called out due to weather. \"\"It's against policy to let people call out due to weather unless the location closed due to it.\"\" I had to explain that the ice and snow would drop my driving speed too much and I would spend half the day driving there, the other half driving back and spend no time working.\""}
{"_id": "423360", "title": "", "text": "Corporate photography includes headshots and portraits of employees, as well as capturing overall work environment to display on the company's website and brochures. Whatever is your requirement, Glenn Hester Photography is the one corporate photographer in Melbourne that can meet your expectations without blowing out your budget. Call now to book an appointment."}
{"_id": "423384", "title": "", "text": "It won't be worth $1050 at maturity. You are not accounting for tym.   So to see the 'worth: of a bond you will need it's yield (5%) and the current market rate of a similar bond.    Then just use the bond valuation formula to solve (on mobilw so can't explain further/better) sorry"}
{"_id": "423398", "title": "", "text": "The time to have looked into this is before you bought the condo, not now. You are presumably an adult. Your parents have apparently made it possible for you to have a roof of your own over your head for what is probably below rental rates (but I don't know your area, so can't say). From their point of view, they may have been doing you a favor, while giving themselves an investment opportunity. What would they be doing with that money otherwise, and at a higher or lower rate of return, and with greater or lesser risk? Where and how would you be living otherwise? More Importantly, if you can't talk to them about this you have bigger problems than money."}
{"_id": "423403", "title": "", "text": "The more you put down now, the less money you are borrowing.  30yrs of interest adds up. Even paying a small amount at the beginning of the mortgage can turn into a huge savings over the life of the loan. That's why you'll find advice to make extra mortgage payments in the beginning.  The question is: Do you have a better use for that money?   In particular, do you have any higher-interest debt (higher APR than your mortgage) that needs to be paid off?  You generally want to take care of those first.   Beyond that can you invest the extra down payment money elsewhere (eg stock market) and get a better return than your mortgage rate?  (don't forget about taxes on investment profits). If so, that money will do more good there."}
{"_id": "423416", "title": "", "text": "Saving Fortune 500 companies hundreds of millions to billions a year and a small company a few thousand. Who's paying for the shortfall to the IRS? The reality is a small business probably make $0 profit because the owner pays himself out, or has enough employees that the (company) makes a profit saving a few grand doesn't do anything. You know what would help? The 1 trillion profit the Fortune 500 make a year, take half. Give energy companies 0% interest loans to pay off their nuclear plants and reduce energy costs for 320 million Americans by a large amount. Take the remainder and the following 3 years and refinance mortgages at 0% interest starting from the smallest to largest loans.  4 years high taxes on large corporations I just bailed out the middle class and helped the poor with 100% retuned to the IRS."}
{"_id": "423421", "title": "", "text": "You forgot about the low income people. Check!  No, I will not let you know what Trump offer for low income families. I want you to check it yourself.  Trump is helping Low Income more than Middle and the Rich.  And the Rich hardly get any break. Check that too!"}
{"_id": "423438", "title": "", "text": "Your post seems to read as if you want to invest only in real estate rental properties as a start because they will be a reliable investment guaranteed to generate profits that you will be plowing back into buying even more rental properties, but you are willing to consider (possibly in later years) other forms of investment (in real estate) that will not require active  participation in the management of the rental properties. While many participants here do own rental real estate and even manage it entirely, for most people, that is only a small part of their investment portfolio, and I suspect that hardly any will recommend real estate as the only investment the way you seem to want to do. Also, you might want to look more closely at the realities of rental real estate  operations before jumping in. Things are not necessarily as rosy as they appear to you now.  Not all your units will be rented all the time, and the rental income might not always be enough to cover the mortgage payments and the property taxes and the insurance payments and the repairs and maintenance and ... Depreciation of the property is another matter that you might not have thought about. That being said, you can invest in real estate through real estate investment trusts (REITs) or through limited partnerships where you have only a passive role.  There are even mutual funds that invest in REITs or in REIT indexes."}
{"_id": "423493", "title": "", "text": "\"Did you see that Kaiser pays their average nurse $110K?  Nurse in the sense of \"\"works full time at a major hospital\"\".  As for the police: the $75K doesn't include time in rank bonus....which even in NYC goes from $45K to $90K in five years. Time in rank bonus is a very big deal.\""}
{"_id": "423500", "title": "", "text": "&gt; However, housing developers and tenants will respond by increasing the supply of affordable housing elsewhere eventually reaching price equilibrium.  This entire thread is filled with people commenting and complaining on the real reason for high home prices, the fact that supply is artificially limited by red tape and local governments."}
{"_id": "423503", "title": "", "text": "I can't help you with consolidation, but I'd suggest automating as much of the payments as possible. If not, you might take a look at any of the numerous online banks that have online bill pay, and open an account with them. (E.g. ING Direct, Ally, etc.) You can set up the online account to pull from your current checking/savings account, and then make payments from that online account to your loans. When you have that set up, if there is some extra payment you want to make, you can set up an automatic additional periodic payment to get rid of one lender at a time until everything is paid off."}
{"_id": "423505", "title": "", "text": "I'm sure it depends on the company, but I routinely run balances greater than 0 on my credit card. The reason is simple: I already budgeted to spend the money, I know I'm going to spend the money, and it's easier to put the extra money on the card at the beginning of my budget period rather than waiting until I spend the money and get a bill. There are 2 relevant numbers: First is the balance on your bill. It can show a positive or negative value, as people have talked about. The balance on my card tends to update fairly infrequently. The second is the available credit. When I overpay on my card, the available credit does not show more than the available debt. The latter value, however, updates for me immediately -- I can see within minutes any transaction on my credit card based on the credit available. One important caveat: Refunds don't always immediately process. You may have to wait days or weeks until that money shows up in your account. Spending the money before it appears in your account will cause your card to behave exactly as if you don't have the money."}
{"_id": "423513", "title": "", "text": "If you are looking for a simple formula or buying order / strategy to guarantee a lower buying price, unfortunately this does not exist.  Otherwise, all investors would employ this strategy and the financial markets would no longer have an validity (aka arbitrage).  Buying any investment contains a certain level of risk (other than US treasuries of course). Having said that, there are many option buying strategies that can employed to help increase your ROR or hedge an existing position.  Most of these strategies are based a predicted future direction of a stock on the investor's part.  For example, you hold the Ford stock and feel they are releasing their earnings report next week.  You feel that they will not meet investors' expectations.  You don't want to sell your shares but what you can do is buy put options.  If the stock does indeed go down then you make money on your put options. Here is a document on options.  It is moderately technical but very good if you want a good introduction on the subject.  The strategy that I described above is on pg 33. http://www.m-x.ca/f_publications_en/en.guide.options.pdf"}
{"_id": "423525", "title": "", "text": "Superior rating system is not why Google dropped Yelp. They dropped Yelp because, among other reasons, Yelp turned down a takeover bid from Google.  Consider that in the new Maps app on Apple's iOS 6, Apple is pulling in ratings from Yelp. Would Apple choose to get review data from an inferior source? Unlikely."}
{"_id": "423541", "title": "", "text": "It's an issue of how much of a safety net you want, and part of that is going to be how much of a safety net you have in other areas. You should take into account what regular expenses you have, what emergency expenses you might have, what insurance policies you have, what deductibles those policies have, and what sources of money you have. As Alex B says, a HELOC isn't a guaranteed source of money, but it is one contingency. If you have a large amount of equity and your local real estate market is stable, your bank could cancel your HELOC, but they would have no financial incentive to do so. Other possible safety nets to consider would be friends and family, credit cards, and loans backed by retirement funds. Obviously you shouldn't rely on the last two for everyday expenses, but it's reasonable to consider them as contingencies in true emergencies.  Also, if you have a significant net worth, home equity and savings account should not be the only places you're storing your wealth. Look into stocks, bonds, and money market accounts. Your expected returns in the stock market should be higher than the interest you're paying on the HELOC. Stocks are more risky and obviously you shouldn't put all your savings there, but it is one more basket to put your eggs in, and unlike a savings account your money isn't just sitting there."}
{"_id": "423568", "title": "", "text": "This is such a shame imo.   No one here feels like children should be focusing on something other than making profits? Selling shitty services for self betterment?   If you teach children that money is god, they will worship it. Like you apparently."}
{"_id": "423569", "title": "", "text": "I wouldn't worry about his credit score. The hit from a credit inquiry is not that big and it's absolutely worth it in the long run. I suggest you sign him up for a free budgeting app (just google budgeting app) that will help him not only take control of his spending but also help him with his loans. Transferring debt comes with a few caveats:  His credit score is bad so I don't know if he'll be able to get 0% loan, but even if he gets 6% - 8% that will save him money; just don't forget about the transfer fee.  If he has checking/savings account it's worth talking to that bank first - they might be able to give him a better deal for being their customer. Also if he tells them his story and credit score they might be able to give him an idea what they can offer him without doing a credit check.  Another option is to become a member of a local credit union - they have great rates on loans / credit cards. Credit card or personal loan doesn't matter much, whatever he can get. With his credit score I doubt he'll be able to get a good rate at Chase or one of the other big credit card companies. Good luck."}
{"_id": "423576", "title": "", "text": "UK is still in Europe, leaving the union doesn't change that. I would change my original claim that they are doing fine, Italy is improving, but not at a good state yet. They are years away from that. However, you omitted all the great countries that I mentioned doing well.   Conclusion? They are individual states, each with their own political systems and leaders."}
{"_id": "423578", "title": "", "text": "Beausoleil &amp; Sons has successfully been in business for over 40 years providing quality and dedication in all the work that we do for Rhode Island and surrounding Massachusetts &amp; Connecticut. We are family owned and operated that continues to pass down our ethics and values to our future generations. Let Beausoleil &amp; Sons provide your project with the care and attention it deserves. We work hard to complete every job to the customers satisfaction. Please contact us so we can answer any questions you may have, or to give you a quote towards your next paving project."}
{"_id": "423587", "title": "", "text": "\"&gt; Everything that President Trump promised you is going to happen.  Absolutely not! Never ever, any president, or politician, fulfill all or most of they promised.   I am still waiting for the Wall with Mexico, but I am sure it will not be done. It's a good idea which I support.  I also doubt that the revised Health Care plan will be \"\"affordable\"\" and covering everything. It was not under Obama, despite him calling it \"\"affordable\"\" and it will not be under Trump, albeit Trump will make it much better. This, I am sure.  &gt;&gt; I even asks for specifics [about Global Warming causing \"\"instability\"\" and \"\"expenses\"\"] and you did not (and cannot) name any!  &gt; Oh, you got me. It can't be real if I don't have specifics.  Yes, I got you! Absolutely.  If there's not even a \"\"maybe\"\" for a possible specific \"\"instability\"\" or \"\"expense\"\", then it's not real.  If you don't get it, I will explain with an example. If I say \"\"AI and Robots will take most jobs from people\"\" and I can't come with a specific, you will not accept that statement, am I right.  Well, I actually claim that AI and Robots will take most jobs from people!! SPECIFICALLY, all driving, cleaning, cooking, maintenance, taking care of patients and sick, etc can be done by Robots. Managing and coordinating work, identifying and and evaluating situations currently done by doctors, experts and advisors can be done by AI machines.  Do you now accept my statement, prediction?  Now, you try it: give me a specific \"\"instability\"\" or \"\"expense\"\" that Global Warming may cause. Just try...  &gt;&gt; Hunger will not occur because warmer weather and more rain is just even more food.  &gt; We're going to have farming in Phoenix!  Yes. But not so much because of the much more rain that will start falling in Phoenix. It will still not be enough.  Do you know where 20% of lattice in my state, NJ, the Garden State, comes from? I'll tell you: it's from one large former warehouse in the city of Newark where lattice grows on moving conveyer belts immersed in water where fish swim and the food they get turns into poop that the plants eat. This operation, which will become the standard worldwide, reduce the damage to the environment and global warming in an unimaginable way.  &gt; Yes, it is the Russians who are hacking his teleprompters and Twitter feed.  LOL! This sound exactly as desperate attempt to be \"\"funny\"\" by someone proven to be wrong on the subject.  **I asked you before, and I notice you did not reply: Is Trump a Nazi or alt-Right sympathizer? What ACTIONS by Trump you do not like?**\""}
{"_id": "423597", "title": "", "text": "If I had to start with one thing about Dave's Philosophy it would be: Zero Debt.   Dave Ramsey doesn't believe in going into debt for anything, except a house for residence (and he's conservative about how much debt there as well).  This is his biggest differentiating feature from Clark Howard or some of the others.   His main points are (Some duplication of Yishai) His radio show is available on many US radio stations with internet streams.  I use WSJS, where he is available from Noon to 3PM Eastern."}
{"_id": "423617", "title": "", "text": "I just finished my bachelor and I'm doing my masters in Computer Science at a french school in Quebec. I consider myself being in the top 5% and I have an excellent curriculum, having studied abroad, learned 4 languages, participated in student committees, etc.  I'm leaning towards IT or business strategy/development...but I'm not sure yet. I guess I'm not that prepared, that's why I wanted a little help."}
{"_id": "423625", "title": "", "text": "\"I would suggest you pay quarterly. Or, if you prefer, do the extra withholding. Don't wait until the end of the year. My experience is that of having a day job with freelance work on the side. I've spent a few years just freelancing, and I paid quarterly as requested to avoid the penalties. Now that I have a good day job again, my freelancing is just a small part of my income, and so I end up with a net return and no longer have to pay quarterly. You shouldn't wait until the end of the year to pay. This is assuming your wife is bringing in a decent income. The only scenario where you would want to wait is if her income is only a small amount (such as my wife's plans for an Etsy store). To the IRS, it doesn't really make a difference whether you withhold extra or pay quarterly. Of those two choices, my preference is to pay quarterly - it's easy to set up calendar reminders on the quarterly payment dates, which are always the same. I did the same as bstpierre when estimating my payments: just take last year's tax (for the business) and divide by 4 (adjusting for any obvious situational differences). That's usually close enough. Paying quarterly instead of via withholding means you get to hold on to your money (on average) for 6 weeks longer. Granted, that doesn't mean much with today's interest rates, but it's something. You may prefer the simpler accounting for withholding, though - you can \"\"set and forget\"\".\""}
{"_id": "423628", "title": "", "text": "A: Rollover the cash from the previous account into the new one a low-cost IRA like Vanguard. This, and only this.  Because your mortgage is, less than 4%, while your retirement plan will earn 7% over the long term. I have no 'retirement' plans because Because you're 28. and essentially will be happy working until I die Unless circumstances change. but as far as I see it this is not such a bad deal because it is like paying taxes on income. (Principal says I will lose up to 30%) You're ignoring the 10% early withdrawal penalty. I am wise with my money for the most part Then don't piss away $3,000 just for a temporary feel good. I earn a high salary in a tech job.  As a result of being under 20%, I am paying mortgage insurance of about $300/mo. So -- after building up an Emergency Fund -- throw as much as possible of your high salary against your mortgage to get rid of the PMI."}
{"_id": "423639", "title": "", "text": "In Germany you can register a Einzelunternehmen and receive payments into your personal bank account with a German bank. Apple will certainly be able to transfer to accounts in Germany as payments go via the European SEPA standard. Tax wise if you are living in Germany you will need to pay tax in Germany, so this is really the easiest way of doing it."}
{"_id": "423658", "title": "", "text": "It depends on how much diversification you think you need and what your mutual fund options are. For instance, picking an index fund already provides a fair amount of diversification, especially if you select a Total Market type of index (readily available from Fidelity and Vanguard, and many other fund families). Are you looking to balance domestic vs. international investments? You may want to add an international index fund to the mix. Feel that a particular sector has tremendous potential? Add a sector fund. This investment mix is up to you (or your investment advisor). However, depending on your Roth IRA mutual fund choices, some of these funds may have minimum investment requirement - $3k to open a fund's account, for instance. In that case, you'd have no choice but to put your entire investment into one fund, and wait for subsequent years where you'd be able to invest in other funds after providing additional contributions and/or reallocation any growth from your initial investment. One thing to look at is whether you have an option of putting some of your contributions into a money market account within the Roth IRA - you can then reallocate funds from that account into another fund after you can meet the minimum investment requirement. However, in my opinion, if you start out by investing in a solid, low-cost index fund from a reputable mutual fund company, you've already picked up most of the diversification you need - a single fund is enough."}
{"_id": "423691", "title": "", "text": "Honestly, I don't know if we're ever going to find an ideal. I'm starting to see us as the EU fiscal problems. Too many *vastly* different people/ economies trying to find a one size fits all solution. I am strongly opposed to the well being of people being in the hands of a for profit company, be it health care/ education/ prisons. On the other hand governments and especially their employees can be, and are wasteful and inefficient. I believe that your health is *mostly* personal responsibility. Of the [top ten leading causes of death,](http://www.cdc.gov/nchs/fastats/lcod.htm/) I see the majority being mostly preventable on some level. But this all opens many other cans of worms."}
{"_id": "423707", "title": "", "text": "102\u00b0 that is nothing. During summer months, it reaches 120\u00b0 in my area and 130\u00b0 in others. No air or airflow other than small fans. OSHA has no heat regulations so we are told to deal with it and drink water."}
{"_id": "423722", "title": "", "text": "If it's easier for you to believe that I'm lying and keep waiting for that *lucky* break, good *luck* with that. A 90 hour a week schedule is hard but not impossible. It was the hardest two years of my life, and that's counting the first two years of parenthood I'm getting though. Had a baby on the way for one of them which may have provided me with more motivation than your average slacker college kid, but I was already a year into my insane schedule before my wife got pregnant."}
{"_id": "423728", "title": "", "text": "I'm in the same boat as you. 2.2 highschool GPA. Took the sat and scored and 1100, atleast I won't have to take placement classes and waste money.  A 3.8 GPA is solid man you should be fine as long as you can do well In an interview. Most top schools don't even take SAT scores except for Harvard, Columbia ect.   I'm hoping to pull at least a 3.8 as as well."}
{"_id": "423729", "title": "", "text": "\"&gt;I think it's fairly well known that the \"\"progressive era\"\" of creating new regulation was actually about creating industry cartelization with government force,   Alas, while it is well **documented** it is emphatically NOT **well known** (if by \"\"well known\"\" you mean widely understood).  &gt;while duping the public into believing it was good for everyone but the companies it was actually good for.  And you provide the reason right there.  The public was DUPED... and that \"\"duping\"\" was not only largely successful, but it continues to this day.  Hence the demands for even MORE of the same.\""}
{"_id": "423737", "title": "", "text": "Look I am not debating you, I think something should change.  I was point out that the current mood is that protect the consumer.    The MS thing was a competitor complaining about them, spun as the consumer can\u2019t use other options as means to get them a better product.  Like by not using Firefox and being stuck with IE the consumer is harmed.    Back before when everyone went trust busting, it was about keeping a healthy competition in the market.  That view is gone,  its all about protecting the consumer.  a short sited view as once competition is gone we can then screw the customer and then what happens?  Protect competition and encourage, not the current view."}
{"_id": "423745", "title": "", "text": "Save enough to build an emergency cushion of 4-6 months total expenses. After that, invest everything you can in areas where you are well researched and have carefully formed your own opinion on the subject. Those who save do not reach financial freedom, those who learn to invest and make their money work for them do. Invest in learning how to invest."}
{"_id": "423751", "title": "", "text": "Rt.com is propaganda, but with enough legitimate journalism to give it a veneer of legitimacy. Rt.com, as a press organization funded by the Russian state, will never report anything in conflict with Putin's interests and most of what it reports in somw direct or indirect way serves Putin's agenda of delegitimizing rival Western states and institutions."}
{"_id": "423754", "title": "", "text": "\"I don't think you have your head in the right space - you seem to be thinking of these lifecycle funds like they're an annuity or a pension, but they're not. They're an investment. Specifically, they're a mutual fund that will invest in a collection of other mutual funds, which in turn invest in stock and bonds. Stocks go up, and stocks go down. Bonds go up, and bonds go down. How much you'll have in this fund next year is unknowable, much less 32 years from now. What you can know, is that saving regularly over the next 32 years and investing it in a reasonable, and diversified way in a tax sheltered account like that Roth will mean you have a nice chunk of change sitting there when you retire. The lifecycle funds exist to help you with that \"\"reasonable\"\" and \"\"diversified\"\" bit.They're meant to be one stop shopping for a retirement portfolio. They put your money into a diversified portfolio, then \"\"age\"\" the portfolio allocations over time to make it go from a high risk, (potentially) high reward allocation now to a lower risk, lower reward portfolio as you approach retirement. The idea is is that you want to shoot for making lots of money now, but when you're older, you want to focus more on keeping the money you have. Incidentally, kudos for getting into seriously saving for retirement when you're young. One of the biggest positive effects you can have on how much you retire with is simply time. The more time your money can sit there, the better. At 26, if you're putting away 10 percent into a Roth, you're doing just fine. If that 5k is more than 10 percent, you'll do better than fine. (That's a rule of thumb, but it's based on a lot of things I've read where people have gamed out various scenarios, as well as my own, cruder calculations I've done in the past)\""}
{"_id": "423809", "title": "", "text": "Since we seem to be discussing credit score and credit history interchangeably, if I can add credit report as the third part of the puzzle, I have another point. Your credit score and credit report can be effective tools to notice identity theft or fraud in your name.   Keeping track of your report will allow you to not only protect your good name (which is apparently in dispute here) but also those businesses who ultimately end up paying for the stolen goods or services."}
{"_id": "423816", "title": "", "text": "Gaining traction is your first priority. WARNING: as @JosephZambrano explains in his answer the tax penalty for withdrawing from a 401(k) can easily exceed the APR of the credit card making it a very bad strategy. Consult in-depth with a financial advisor to see before taking that path.  As @JoeTaxpayer has noted a loan is another alternative. The 401k is no good to you if you can't have shelter or comfort in the mean time.  The idea is to look at all the money as a single thing and balance it together.  There is no credit and retirement, just a single target that you can hit by moving the good money to clear the bad. Consolidating the credit card debt somehow would be very wise if you can.  Assuming it is 30% APR shrinking that quickly is the first priority. You may be able to justify a hardship withdrawal to finance the reduction/consolidation of the credit card.  It may be worth considering negotiating a closure arrangement with a reduced principal.  Credit card companies can be quite open to this as it gets their money back. You may also be able to negotiate a lower interest rate. You may be able to negotiate a non-credit-affecting debt consolidation with a debt consolidator.  They want to make money and a 25K loan to a person with sound credit is a pretty good bet. Moving, buying a house, or any of that may just relocate the problem.   You may be able to withdraw $25K from your 401k under hardship, pay the credit card, and come up with a payment plan for the medical debt. It's a retirement setback for sure, but retirement is an illusion with that credit card shark eating all of your hard-earned money.  You gotta slay that beast quick. Again, be sure to fully analyze whether the penalty on the 401(k) withdrawal exceeds the APR of the credit card."}
{"_id": "423822", "title": "", "text": "I must humbly disagree with your analysis.  These politicians want to help out their fossil fuel buddies because they know once they leave office they can then work as lobbyists for the industry.  They do not need to be misled or lied to.    3 former mayors of my city now work as Investment Bankers getting paid at least $2,000,000 a year to help companies get contracts from the city they were mayors of."}
{"_id": "423841", "title": "", "text": "You can get this information through Bloomberg, but it's a paid service."}
{"_id": "423871", "title": "", "text": "\"Besides your credit score, there are other smart reasons to have a second line of credit.  (Your credit score doesn't affect you the majority of your life, but when it does whoooooo boy does it.) Should the first bank you have credit with create or find a clerical error, a second line of credit can provide a cushion while you sort it out with the first Should physically damage a card, or have it stolen, having a second backup at home will be helpful as you wait for a replacement. Getting a second line of credit with a different institution than your first allows you the flexibility to cancel one and move your business should the deal become unfavorable to you. Multiple lines of credit in of itself is a plus to your credit score (albeit a small one) You can organize your finances.  One card handles the recurring payments in your life, the second incidentals.  The expected activity type might make it easier to detect fraud. When you get your second line of credit, get it from a different institution than where you have any other business now.  (A credit union if you can, or a small local bank).  Make sure there is no annual fee, and if there is a reward, be certain it is worth it.  Cash back is my favorite because I can spend cash where I like, whereas \"\"points\"\" have to come out of product in their catalogs.  Lower interest rate is best of all.  Even though you always plan on paying it off every month like clockwork, you might one day run into an issue where you cannot.  Lower interest rate becomes very important in that plannings scenario.\""}
{"_id": "423873", "title": "", "text": "Let's say your marginal tax rate is 33%.  For every dollar you put in an RRSP, you'll get 33 cents back on your taxes, while the whole amount grows tax free inside the investment.  If you can afford it, money in an RRSP generates a lot of free money."}
{"_id": "423883", "title": "", "text": "No. And just a caution about that super low risk: suppose that you lived during the late 70s and early 80s, when savers in the United States could get interest rates over 10% for savings.  You put your money into an account in 1980, knowing that in five years, you'll have made a solid amount of interest.  Except that you might have been smarter to convert your money to AUD and save in that currency because it would have moved from 0.88 in value to 1.43 in value (in principal only, not interest - when I look at the RBA's bank interest, it appears they were also paying double digit interest to savers). Now, I get that this may not be the answer that you want to see because it means that if the interest rates were higher in the US, for savers, they might be higher elsewhere too, and it also means that what may appear to be a super low risk could actually be a high risk."}
{"_id": "423884", "title": "", "text": "It has already lost twice, to the lower courts and the appellate court. It says that the manufacturer could not allow you to resell things you legitimately own, or that they can even ask for a cut of the proceeds. Legally, you would not even be allowed to have a garage sale if anything you were selling were manufactured overseas. An unintended consequence is that it would give manufacturers an incentive to move facilities overseas so they can control the secondary market."}
{"_id": "423892", "title": "", "text": "In practice the IRS seems to apply the late payment penalty when they issue a written paper notice.  Those notices typically have a pay-by date where no additional penalty applies.  The IRS will often waive penalties, but not interest or tax due, if the taxpayer presses the issue."}
{"_id": "423907", "title": "", "text": "Last century?  Try staying a little more relevant, [how about over the last 25-30 years](http://www.businessinsider.com/food-inflation-chart-2015-7)  Food prices have been continually outpacing inflation for the last few decades.  [Heres another source](http://thefederalist.com/2014/07/08/food-prices-are-soaring-and-washington-doesnt-care/)  My last comment was basically saying that if the rising tide was, in fact, lifting all boats, then people wouldn't care much about inequality.  But the fact of the matter is, the quality of life for many is declining in the face of ever increasing inequality."}
{"_id": "423929", "title": "", "text": "If you have held the stocks longer than a year, then there is no tax apart from the STT that is already deducted when you sell the shares.  If you have held the stock for less than a year, you would have to pay short term capital gains at the rate of 15% on the profit. Edit: If you buy different shares from the total amount or profits, it makes no difference to taxes."}
{"_id": "423954", "title": "", "text": "I've not had a chance to read that yet. I'll be sure to check it out. Buffet may very well gain some kind of real happiness in the pursuit of wealth, but I believe it is the pursuit which gives him joy, not the wealth itself. If you ever run into him, I invite you to ask him. I'll do the same."}
{"_id": "423978", "title": "", "text": "&gt; There are plenty of people that consistently beat the market. If the market were truly efficient, then everyone should just passively invest, which would make the market inefficient, leading to active investment.  Passive investing  a.) Doesn't mark the market *less* efficient, I don't know how you came to that conclusion.  b.) There is not a big group of people who consistently beat the markets. There's a tiny, *tiny* sliver of a fraction of a portion of a group of people that beat the market over any ten year period, which is *consistent* with pure randomness. You're statistically likely to say those kinds of anomalies. In fact, it'd be stranger if we *didn't*.  c.) The markets aren't *truly* efficient. They can't. There's imperfect information. The point is the potential exploits cannot 1.) be exploited on scale, because that creates market efficiency, and cannot 2.) be public, because that also creates efficiency. As more and more exploits are found, we're eliminating all these black swans. If you compare all 400 professionally managed mutual funds, only 2 have ever beaten the market, and by less than 50 basis points. That's 0.5%. That's not even consistent with randomness, that's worse than random. It goes to show how few and far between any potential exploits exist. It's simply not worth your time as an investor, because if giant firms employing hundreds cannot find them, a handful of people won't be able to find them by anything other than chance. It's almost always better to passively invest.  You can read more about this, because while intuitively you may feel active investment can be better, the numbers don't lie and I promise you you're very wrong."}
{"_id": "424001", "title": "", "text": "The claim was debunked within days of the original report - the NYTimes even retracted the original claim.  http://www.washingtonpost.com/business/the-truth-about-ges-tax-bill/2011/04/05/AFZm0L9C_story.html  At the time the NY Times made the claim, GE hadn't even filed its tax return for 2010 yet.  Finally, Here's ProPublica's analysis: http://www.propublica.org/article/5-ways-ge-plays-the-tax-game  The upshot is that, yes, GE does file an insanely complicated tax return and it does do everything it can to lower its taxes - but it is entirely false that it filed for a 3 billion dollar tax refund in 2010."}
{"_id": "424008", "title": "", "text": "economies and the money system above and beyond _normal_ human work (making things) and business (selling and organizing things) are fantasy anyway, the trick is to keep it running.  The stupid and immoral thing about work is the inequality of it, you have people working in factories and other workplaces doing 40/50/60 plus hours per week, being burnt out and exploited for crap wages, not to mention paying most of their income on essentials (housing/food/travel/insurance) and having very little leisure/family time, and the name of the game for people with not much leisure time is very expensive hobbies/pusuits that _require_ expensive tools that get used only a couple of times a year.  Then theres others who do 30 hour weeks and have a light work load.  Theres a lot to be said for a European style work week (with a living wage) and more people working, people who work and have time for leisure spend and promote growth/activity in society.  And forcing people to actually take off their vacation time too."}
{"_id": "424011", "title": "", "text": "Is that really a surprise? Merchant fees are typically around 2-3% (article says 1-4%) of the transaction sometimes with per transaction fees too. However, if you are paying 4% get a new CC processor. I am paying 2.75% for swiped/chip transactions for almost no volume with Square (I don't sell much, have it for convenience just in case).  https://squareup.com/pricing  I would be willing to bet that the ratio of overdrafts compared to not overdrafts is very low. I know I can't use my visa debit card when there is no money in the bank, and really, how many people use checks anymore?"}
{"_id": "424018", "title": "", "text": "I knew a guy that banged his secretary during those calls to corporate all the time. They would always take calls in his office, just them. They thought we didn't know. The barely audible rhythmic squeaking of a cheap ass office depot chair sold them out."}
{"_id": "424032", "title": "", "text": "\"Just one of Hillary's basket of deplorables I guess.  She was unpleasantly surprised by just how many people were in that basket.    Hillary is not a smart woman and her husband is a rapist.  That's not something that's \"\"outside of my comfort zone\"\".  The Clintons are below my intellect and moral standards.\""}
{"_id": "424038", "title": "", "text": "&gt;Obligations issued by the US government are backed by the full faith and credit of the government, as is its physical currency.  &gt;This is not the same as every electronic dollar in every bank account comprising the money supply.  &gt;whatever white knighting you can lift off a Money 101 website coupled with a C-level community college education.  &gt;it is an exorbitant privilege which if thought about for more than two seconds, and without an authority-worshipping, boot licking attitude, is pretty fucked up  I'm not big on banking practices myself, but my god do you even know how you sound?  You come across as not only uninformed but incredibly smug about how uninformed you are.  *edited for formatting"}
{"_id": "424046", "title": "", "text": "I think this is more like Uber's Stalingrad than Uber's downfall. Uber is fighting a war of attrition in every market at once. Early last year when they secured $3.5 billion in capital from the Saudi Sovereign Fund their victory appeared certain.  Since the #DeleteUber campaign began, Uber's competition has raised over $10 billion (Didi $5.5b, Grab $2.0b, Lyft $1.6b, Ola $1.1b, etc.) while Uber has raised $0. Even if Uber closes that high profile $10 billion deal with SoftBank, it only gives Uber $1b in new capital. Uber is over-extended, and now is a good time for smaller companies to grab market share that Uber cannot defend."}
{"_id": "424053", "title": "", "text": "\"I'd personally display \"\"n/a\"\" The only other answer that makes sense to me other is \"\"infinity\"\" (phone keyboard doesn't allow me to input the symbol). This would at least allow you to show direction by using positive and negative  infinity and mathematical as the the initial value approaches zero the percentage change approaches infinity which is the closet you can get to a meaningful value\""}
{"_id": "424055", "title": "", "text": "The problem is, increased productivity is what's eliminating jobs, a lot of jobs. And its not going to be something governments can change. (What they can change is preventing their existing jobs from going elsewhere by not giving companies tax breaks to do so. And they need to stop the promotion of privatization and offshoring and outsourcing via FTAs like GATS and TISA!)  If you take the long view, its pretty much a good thing for society for people to be freed to move beyond many of these jobs that as our technology improves, are highly amenable to automation.  People should be able to get the kind of educations they need to do them, for free, as part of the public education we give people, (and should continue to give people, despite these changes!) so we can all remain relevant and employed in the 21st century.   We need to really take advantage of those years during which time the brain is growing so rapidly.  Basically, we need to make 12 years do the work of 18 years now. Meaning that people when they graduate their basic education (K-12) should be able to function at a MA or MS level. Thats what we need to do to stop this permanent loss of employment.   Because people with less than a masters degree are losing their jobs now. That should be the new normal."}
{"_id": "424061", "title": "", "text": "Put \u00a350 away as often as possible, and once it's built up to \u00a3500, invest in a stockmarket ETF. Repeat until you retire."}
{"_id": "424079", "title": "", "text": "\"The short answer is the annualised volatility over twenty years should be pretty much the same as the annualised volatility over five years. For independent, identically distributed returns the volatility scales proportionally. So for any number of monthly returns T, setting the annualization factor m = 12 annualises the volatility.  It should be the same for all time scales.  However, note the discussion here: https://quant.stackexchange.com/a/7496/7178 Scaling volatility [like this] only is mathematically correct when the   underlying price model is driven by Geometric Brownian motion which   implies that prices are log normally distributed and returns are   normally distributed. Particularly the comment: \"\"its a well known fact that volatility is overestimated when scaled over long periods of time without a change of model to estimate such \"\"long-term\"\" volatility.\"\" Now, a demonstration.  I have modelled 12,000 monthly returns with mean = 3% and standard deviation = 2, so the annualised volatility should be Sqrt(12) * 2 = 6.9282.   Calculating annualised volatility for return sequences of various lengths (3, 6, 12, 60 months etc.) reveals an inaccuracy for shorter sequences.  The five-year sequence average got closest to the theoretically expected figure (6.9282), and, as the commenter noted \"\"volatility is [slightly] overestimated when scaled over long periods of time\"\". Annualised volatility for varying return sequence lengths  Edit re. comment Reinvesting returns does not affect the volatility much.  For instance, comparing some data I have handy, the Dow Jones Industrial Average Capital Returns (CR) versus Net Returns (NR).  The return differences are somewhat smoothed, 0.1% each month, 0.25% every third month.  More erratic dividend reinvestment would increase the volatility.\""}
{"_id": "424101", "title": "", "text": "The reasons behind hiring a private investigator can be many things; it depends on the human being. A professional private investigator gives you very valuable services that can help you in many ways \u2013 from bringing out the right facts to clearing your doubts, from criminal cases to infidelity and from cheating partners to background checks and many more."}
{"_id": "424106", "title": "", "text": "There are multiple social engineering ways."}
{"_id": "424125", "title": "", "text": "You should have her sell it to you for the amount of the outstanding loan. You take out a loan in your name for the amount (or at least, the amount you have to come up with). You then transfer the title from her to you, just as you would if you were buying the car from someone else. While the title is in her name, she has ownership. This isn't a technicality, this is the explicit legal situation you two have agreed to."}
{"_id": "424126", "title": "", "text": "&gt;Insurance should be based on binary states, and healthy/unhealthy just isn't an actual set of binary states.  Insurance is a financial risk mitigation product.  Binary states are irrelevant.  You buy insurance to make sure that if you have healthcare bills over some amount in a year, insurance kicks in.  That's it!  It's pure economics."}
{"_id": "424127", "title": "", "text": "Your specialty is a lack of versatility.  Why does yesterday's skillset entitle you to tomorrow's paycheck?  We're paying for seniority often times, but I've done much more work than those of older persuasion when I worked in programming.  They were lazy, most of them.  When you put a gen in a comfy chair, they get a fat ass and sometimes a head to match."}
{"_id": "424131", "title": "", "text": "You do not need to have 'high net value', and yes, you can invest in it. Typically, fund companies require a minimum investment, that could be 100, it could be a 1000. 5000 should be enough for 99.9 % of all funds for an initial investment. What you need is an investment company that manages the account for you. I cannot name those for your country, but they should be easy to find (companies like IMG, and Fidelity might serve your country). You then open an account with the company of your choice, transfer the money, and tell them which fund it shall go in; all this is possible online. You can also go to see an agent in person, and he will fill the forms for you, and handle all the action, but he might take a fee for it."}
{"_id": "424164", "title": "", "text": "If an employer cannot pay it's employees a living wage, then it shouldn't be in business. I have run several businesses btw. There's no excuse or reason for less. This is why we need a raised minimum wage. Because greedy scumbags will always exist."}
{"_id": "424166", "title": "", "text": "\"If Illinois cannot go bankruptcy This is missing a few, very important words, \"\"...under current law.\"\"   The United States changed the law so as to allow Puerto Rico to go into a form of bankruptcy.  So you cannot rely on a lack of legal support for bankruptcy to protect any bond investments you might make in Illinois.  It is entirely possible for the federal government to add a law enabling a state to discharge its debts through a bankruptcy process.  That's why the bonds have been downgraded.  They are still fine now, but that could change at any time.   I don't want to dive too deep into the politics on this stack, but I could quite easily see a bargain between US President Donald Trump and Democrats in Congress where he agreed to special privileges for pension debts owed to former employees in exchange for full discharge of all other debts.  That would lead to a complete loss of value for the bonds that you are considering.  There still seem to be other options now, but they seem to be getting closer and closer to that.\""}
{"_id": "424175", "title": "", "text": "It is not a question of where you have your driver's license.  It is a question of the states' tax related residency rules.  (Though a driver's license can be a part of that question.) Since you likely have a residence in NYC and so can prove residency through a lease, bills, etc., you probably have to file as a NYS/NYC resident.   I do have to question your maintaining a California driver's license if you are not a resident.  If you are attempting to maintain dual-residency, look into both states' residency rules to see if you are liable for taxes in both states.   California seems particularly picky about these types of situations, probably due to concerns that you may be trying to circumvent California taxes.  That said, it usually revolves around income in the state.  Of course, if you maintain residency in California as well, the argument can be made that you owe some taxes due to the fact that you take advantage of state services.  (E.g. you drive on California roads.) I suggest you consult a tax professional knowledgeable in these issues to sort out the details."}
{"_id": "424181", "title": "", "text": "\"&gt; RegNMS is not even mentioned in \"\"Flash Boys\"\" until page 98. So all these bumbling idiots (highly paid though) have been operating for years without a clue about relevant market regulations?  They knew about it.. but M.L had to bring the audience up to speed and broke out the various aspects of the problem across multiple chapters in his book.\""}
{"_id": "424192", "title": "", "text": "I find the reg, at last. https://www.sec.gov/cgi-bin/browse-edgar?company=Cornerstone+Strategic+Value+Fund&owner=exclude&action=getcompany Yes, its a common stock."}
{"_id": "424204", "title": "", "text": "Most rural areas are almost 100% red so you and your family/friends can be the exception but it's definitely not the rule by a long shot. The majority of rural areas continuously vote red over and over in spite of any logic or rational ideas. It's difficult to have sympathy for a group so opposed to their own well being and well being of others strictly based on an ideology that doesn't have a basis in reality."}
{"_id": "424215", "title": "", "text": "Because a couple of relatively small scandals in terms of one of the largest banks in the US isn't enough to sink one of the largest banks in the US. To flip the question, why do you think a scandal on the scale of millions of dollars would have a lasting impact on the operations of a bank that brings in billions of profit every year?"}
{"_id": "424216", "title": "", "text": "You should definitely be able to keep the US bank account and credit cards. I'm a UK citizen and resident who worked in the US for a few months (on a temporary visa) many years back and I still have the US bank account from that time. Unless you are planning on moving to the UK permanently, you also should keep your US bank account and cards to make the process of moving back there eventually easier. I would also suggest keeping/moving at least a portion of your savings to the US at regular intervals to insure you against the risk that exchange rates will be against you when you move back. It'll also make things easier when you visit the US as you presumably will every so often - if you use your US account and cards you won't get hit so badly by charges for making each individual payment."}
{"_id": "424220", "title": "", "text": "\"short answer:  any long term financial planning (~10yrs+). e.g. mortgage and retirement planning.  long answer: inflation doesn't really matter in short time frames. on any given day, you might get a rent hike, or a raise, or the grocery store might have a sale.  inflation is really only relevant over the long term.  annual inflation is tiny (2~4%) compared to large unexpected expenses(5-10%).  however, over 10 years, even your \"\"large unexpected expenses\"\" will still average out to a small fraction of your spending (5~10%) compared to the impact of compounded inflation (30~40%). inflation is really critical when you are trying to plan for retirement, which you should start doing when you get your first job.  when making long-term projections, you need to consider not only your expected nominal rate of investment return (e.g. 7%) but also subtract the expected rate of inflation (e.g. 3%). alternatively, you can add the inflation rate to your projected spending (being sure to compound year-over-year). when projecting your income 10+ years out, you can use inflation to estimate your annual raises.  up to age 30, people tend to get raises that exceed inflation. thereafter, they tend to track inflation. if you ever decide to buy a house, you need to consider the impact of inflation when calculating the total cost over a 30-yr mortgage. generally, you can expect your house to appreciate over 30 years in line with inflation (possibly more in an urban area). so a simple mortgage projection needs to account for interest, inflation, maintenance, insurance and closing costs. you could also consider inflation for things like rent and income, but only over several years. generally, rent and income are such large amounts of money it is worth your time to research specific alternatives rather than just guessing what market rates are this year based on average inflation. while it is true that rent and wages go up in line with inflation in the long run, you can make a lot of money in the short run if you keep an eye on market rates every year. over 10-20 years your personal rate of inflation should be very close to the average rate when you consider all your spending (housing, food, energy, clothing, etc.).\""}
{"_id": "424237", "title": "", "text": "In order to run your business successfully, you need to manage your finances. At Nowsoft, we offer comprehensive accounting services and targeted financial advice. As an experienced small business accounting firm we are qualified to deliver and manage your accounts and finance efficiently. Our team of business and finance advisors works with businesses of all sizes, offering a range of accounting services. Visit us: https://webdevelopment.wistia.com/medias/xbxf1lxtas"}
{"_id": "424240", "title": "", "text": "Imagine you are at an enormous sporting stadium with 100,000 seats. Would you notice if there were 110,000 people in attendance, as opposed to 90,000? Even if you had no idea how many people or seats were there, you would notice if it were crowded or not. This same concept works for the availability of money vs. resources."}
{"_id": "424247", "title": "", "text": "\"Congratulations on a solid start. Here are my thoughts, based on your situation: Asset Classes I would recommend against a long-term savings account as an investment vehicle. While very safe, the yields will almost always be well below inflation. Since you have a long time horizon (most likely at least 30 years to retirement), you have enough time to take on more risk, as long as it's not more than you can live with. If you are looking for safer alternatives to stocks for part of your investments, you can also consider investment-grade bonds/bond funds, or even a stable value fund. Later, when you are much closer to retirement, you may also want to consider an annuity. Depending on the interest rate on your loan, you may also be able to get a better return from paying down your loan than from putting more in a savings account. I would recommend that you only keep in a savings account what you expect to need in the next few years (cushion for regular expenses, emergency fund, etc.). On Stocks Stocks are riskier but have the best chance to outperform versus inflation over the long term. I tend to favor funds over individual stocks, mostly for a few practical reasons. First, one of the goals of investing is to diversify your risk, which produces a more efficient risk/reward ratio than a group of stocks that are highly correlated. Diversification is easier to achieve via an index fund, but it is possible for a well-educated investor to stay diversified via individual stocks. Also, since most investors don't actually want to take physical possession of their shares, funds will manage the shares for you, as well as offering additional services, such as the automatic reinvestments of dividends and tax management. Asset Allocation It's very important that you are comfortable with the amount of risk you take on. Investment salespeople will prefer to sell you stocks, as they make more commission on stocks than bonds or other investments, but unless you're able to stay in the market for the long term, it's unlikely you'll be able to get the market return over the long term. Make sure to take one or more risk tolerance assessments to understand how often you're willing to accept significant losses, as well as what the optimal asset allocation is for you given the level of risk you can live with. Generally speaking, for someone with a long investment horizon and a medium risk tolerance, even the most conservative allocations will have at least 60% in stocks (total of US and international) with the rest in bonds/other, and up to 80% or even 100% for a more aggressive investor. Owning more bonds will result in a lower expected return, but will also dramatically reduce your portfolio's risk and volatility. Pension With so many companies deciding that they don't feel like keeping the promises they made to yesterday's workers or simply can't afford to, the pension is nice but like Social Security, I wouldn't bank on all of this money being there for you in the future. This is where a fee-only financial planner can really be helpful - they can run a bunch of scenarios in planning software that will show you different retirement scenarios based on a variety of assumptions (ie what if you only get 60% of the promised pension, etc).  This is probably not as much of an issue if you are an equity partner, or if the company fully funds the pension in a segregated account, or if the pension is defined-contribution, but most corporate pensions are just a general promise to pay you later in the future with no real money actually set aside for that purpose, so I'd discount this in my planning somewhat. Fund/Stock Selection Generally speaking, most investment literature agrees that you're most likely to get the best risk-adjusted returns over the long term by owning the entire market rather than betting on individual winners and losers, since no one can predict the future (including professional money managers). As such, I'd recommend owning a low-cost index fund over holding specific sectors or specific companies only. Remember that even if one sector is more profitable than another, the stock prices already tend to reflect this. Concentration in IT Consultancy I am concerned that one third of your investable assets are currently in one company (the IT consultancy). It's very possible that you are right that it will continue to do well, that is not my concern. My concern is the risk you're carrying that things will not go well. Again, you are taking on risks not just over the next few years, but over the next 30 or so years until you retire, and even if it seems unlikely that this company will experience a downturn in the next few years, it's very possible that could change over a longer period of time. Please just be aware that there is a risk. One way to mitigate that risk would be to work with an advisor or a fund to structure and investment plan where you invest in a variety of sector funds, except for technology. That way, your overall portfolio, including the single company, will be closer to the market as a whole rather than over-weighted in IT/Tech. However, if this IT Consultancy happens to be the company that you work for, I would strongly recommend divesting yourself of those shares as soon as reasonably possible. In my opinion, the risk of having your salary, pension, and much of your investments tied up in the fortunes of one company would simply be a much larger risk than I'd be comfortable with. Last, make sure to keep learning so that you are making decisions that you're comfortable with. With the amount of savings you have, most investment firms will consider you a \"\"high net worth\"\" client, so make sure you are making decisions that are in your best financial interests, not theirs. Again, this is where a fee-only financial advisor may be helpful (you can find a local advisor at napfa.org). Best of luck with your decisions!\""}
{"_id": "424253", "title": "", "text": "Here's what I would do:"}
{"_id": "424256", "title": "", "text": "Some people (like me) would prefer to walk to work instead of wasting time in a car or on a bus. Especially people who grew up in denser cities with less of a car culture or decent public transportation.   I think it's a good idea to attract a wider range of staff."}
{"_id": "424272", "title": "", "text": "\"Asset = Equity + (Income - Expense) + Liability Everything could be cancelled out in double entry accounting.  By your logic, if the owner contributes capital as asset, Equity is \"\"very similar\"\" to Asset.  You will end up cancelling everything, i.e. 0 = 0.  You do not understate liability by cancelling them with asset.  Say you have $10000 debtors and $10000 creditors. You do not say Net Debtors = $0 on the balance sheet.  You are challenging the fundamental concepts of accounting.  Certain accounts are contra accounts. For example, Accumulated Depreciation is Contra-Asset. Retained Loss and Unrealized Revaluation Loss is Contra-Equity.\""}
{"_id": "424274", "title": "", "text": "If this 'scam' has a name, address and/or phone number, I forward it to the FBI anonymously. That is my advice.  You may also wish to consult a lawyer."}
{"_id": "424275", "title": "", "text": "The legal system can be unfair sometimes but honestly these people brought this on themselves. The author glosses over the most important part of the post: they sent a letter threatening a dilution claim before the insurance company sued, which is probably what prompted the suit in the first place. These idiots were pissed about phone calls so they responded by threatening a dilution suit, which if successful could be very expensive for the insurance company. The insurance company reacted very rationally by filing a claim preemptively in order to establish jurisdiction in Florida, so that they wouldn't have to go to New Hampshire to defend themselves. That's the advantage of filing first.   Every other problem the sole proprietor has been having has stemmed from not retaining counsel after being sued. Navigating the technicalities of a trademark suit is not for the uninitiated. Which is why you don't threaten a suit before retaining counsel or being prepared to file suit first. These jackasses made a very serious legal threat against a legally sophisticated company and are now being hung by their own petard.   Edit: Excuse my silly hoist/hung confusion, I was typing quickly late at night after a few glasses of wine. But I wanted to point out a few other holes in this person's story. This case is in federal court in the Southern District of Florida. The electronic filing system that the article refers to is CM/ECF, which is used by most if not all US federal district courts. Any lawyer admitted to the federal bar in NH should be able to handle it, even if the case is in Florida as procedural rules are uniform across jurisdictions (see the Federal Rules of Civil Procedure). Even without an attorney, it is easy to get case access accounts to the system so a non-lawyer can track summonses and motions in their case. It is also quite easy to get a qualified patent attorney from outside the S.D. Fla. admitted pro hac, which means for this particular case only. It would be a very simple matter for an attorney in NH to get admitted pro hac merely for the purposes of filing a forum non conveniens defense or change of venue motion. Given the disparity in sophistication and resources between the parties, a hardship defense would likely be successful in challenging the venue. And then there's the matter of personal jurisdiction. Unless the defendant has conducted business in Florida, the court's jurisdiction can be challenged. All of this explains why you need a lawyer."}
{"_id": "424304", "title": "", "text": "I have a fair number of cards floating around some reasons I have opened multiple accounts. I am not saying that it is for everyone but there are valid scenarios where multiple credit cards can make sense."}
{"_id": "424313", "title": "", "text": "To me, this question is really about setting and meeting goals. The process is the same, whether it's about exercising regularly, or saving, or whatever. You need to have clear, personally-relevant reasons for doing something.  Write down: Exactly why you want to save. It may seem trivial, but if you can't visualize the prize it's hard to stay motivated. How much can you afford to save? Use something like Mint.com to find out your real monthly expenses, as opposed to what you think you're spending. Also, don't get overzealous... leave yourself some money for small luxuries and unexpected expenses so you don't feel like a miser. Saving should be a joy, not torture. Automate the saving process. Set up an automatic transfer to move the amount you figured out in step 2 to your savings account on the same date you get paid. This is very important. By saving early you ensure there will be enough money to save. If you wait until the end of the month, there will usually not be anything left. Don't you dare touch your savings! (Except in a real emergency) If you must dip into your savings, immediately create a plan to put it back as soon as possible. Also, get into the habit of reading personal finance books, blogs, sites, etc. I recommend authors like Robert Kiyosaki, and Suze Orman. Good luck!"}
{"_id": "424318", "title": "", "text": "Like all other trading brokers in the industry, they both have been acknowledged with mixed reviews. Before signing up, it\u2019s important to know whether they are running a legitimate operation or not.  You can see BinaryOptionsTrading-Review.com, judgebinaryoptions.com etc.  to inquiries about these sites. They conduct in-depth research to identify the legitimacy of each brokers present in the market. Hope it will help you in making the right decision."}
{"_id": "424352", "title": "", "text": "If you make money in currency speculation (as in your example), that is a capital gain. A more complicated example is if you were to buy and then sell stocks on the mexican stock exchange.  Your capital gain (or loss) would be the difference in value in US dollars of your stocks accounting for varying exchange rates.  It's possible for the stocks to go down and for you to still have a capital gain, and vice versa."}
{"_id": "424357", "title": "", "text": "It's because they expect that people are going to have friends they watch it with, and thus split the bill. There's also a lot of establishments that will buy it and have like 150 people watch it for free. They price it based on those two factors. Also, USA consumers typically have a higher purchasing power. And... this is one of the biggest sporting events in history."}
{"_id": "424361", "title": "", "text": "\"Though I agree that there is quite a bit of corruption in the financial industry, I do not think that the psychologist is being fair by comparing people in the financial industry to the \"\"pedophiles\"\" that he has tried to treat in the past...   First of all, close to 25% of humans(but I think this statistic is particular to Americans) suffer from Mental Illness(whether they (or their peers) acknowledge it or not).   TLDR: There are sick and twisted humans beings in every industry, every country, every city, etc.\""}
{"_id": "424365", "title": "", "text": "NapiGator SEO is Tucson's leading SEO Agency. Our enterprise grade SEO services have helped hundreds of clients across the globe to grow their rankings, traffic, leads, and most importantly, their bottom line. Our stringent quality guidelines ensure that all our clients see outstanding results, and that nothing slips through the cracks. Having been featured in Huffington Post, INC, and Moz, our experts are on the cutting edge of this fast paced industry, and are ready to help grow your business."}
{"_id": "424369", "title": "", "text": "You don't need autopilot. You don't need a paint upgrade. That's why it's called base model. It's meant to be an electric car and that's it. 200+ range? I don't see Ford, Chevy, Honda, Toyota, Acura, Audi, Hyundai, Mazda, Lexus, Porsche, etc doing this.  As far as parking, shit happens. Get over it. The guy is building high speed tunnels I'm sure he'll make hover pads for cars to park above each other. Just chill."}
{"_id": "424375", "title": "", "text": "You don't need a finance degree, no, but what you do need is evidence. Mind linking some of your sources? Can you flesh it out in detail for us? If not, why are you crusading for a cause you have no domain knowledge of?"}
{"_id": "424381", "title": "", "text": "&gt;Something to watch out for if you are analyzing this stuff though is the influx of used cars into the market. Remember, more defaults means more repossessions which means more used cars on the market.  I think Morgan Stanley said they expect to see up to a 50% decline in used car prices over the next four years.  Edit: [Can't find the report, but here's the Market Watch summary](http://www.marketwatch.com/story/how-much-morgan-stanley-thinks-used-car-prices-will-crater-in-one-chart-2017-04-03)"}
{"_id": "424394", "title": "", "text": "And if *society* were paying them, there is a legitimate discussion.  But *society* doesn't pay them. Their employers and/or their customers pay them. And I'm certain there is a very strong relationship between the amounts written on the checks and the worth of that product or service to the person with the pen."}
{"_id": "424427", "title": "", "text": "Edited in response to JoeTaxpayer's comment and OP Tim's additional question. To add to and clarify a little what littleadv has said, and to answer  OP Tim's next question: As far as the IRS is concerned, you have at most one Individual Retirement Account of each type (Traditional, Roth) though the money in each IRA can be invested with as many different custodians (brokerages, banks, etc.) and different investments as you like. Thus, the maximum $5000 ($6000 for older folks) that you can contribute each year can be split up and invested any which way you like, and when in later years you take a Required Minimum Distribution (RMD) from a Traditional IRA, you can get the money by selling just one of the investments, or from several investments; all that the IRS cares is that the total amount that is distributed to you is at least as large as the RMD. An important corollary is that  the balance in your IRA is the   sum total of the value of all the investments that various custodians are holding   for you in IRA accounts. There is no loss in an IRA until every penny has been withdrawn from every investment in your IRA and  distributed to you, thus making your IRA balance zero.  As long as you have a positive balance, there is no loss: everything has to come out. After the last distribution from your Roth IRA (the one that empties your entire Roth IRA, no matter where it is invested and reduces your Roth IRA balance (see definition  above) to zero), total up all the amounts that you have received as  distributions from your Roth IRA. If this is less  than the total amount of money you contributed to your Roth IRA  (this includes rollovers from a Traditional IRA or Roth 401k  etc., but not the earnings within the Roth IRA that you re-invested inside the Roth IRA), you have a loss that can be deducted on Schedule A as a Miscellaneous Deduction subject to the 2% AGI limit. This 2% is not a cap (in the sense that no more than 2% of your AGI can be deducted in this category)  but rather a threshold: you can only deduct whatever part of your total Miscellaneous Deductions exceeds  2% of your AGI. Not many people have Miscellaneous Deductions whose total exceeds 2% of their AGI, and so they end up not being able to deduct anything in this category. If you ever made nondeductible contributions to your  Traditional IRA because you were ineligible to make a  deductible contribution (income too high, pension plan  coverage at work etc), then the sum of all these contributions is your basis in your  Traditional IRA. Note that your deductible contributions, if any, are not part of the basis.  The above rules apply to  your basis in your Traditional IRA as well.  After the last distribution from your Traditional IRA (the one that empties  all your Traditional IRA accounts and reduces your Traditional IRA balance to zero), total up all the distributions that you received (don't forget to include the nontaxable part of each distribution that represents a return of the basis). If the sum total is less than your basis, you have a loss that can be deducted on Schedule A as a Miscellaneous  Deduction subject to the 2% AGI threshold. You can only deposit cash into an IRA and take a distribution in cash from an IRA. Now, as JoeTaxpayer points out, if your IRA owns stock, you can take a distribution by having the  shares transferred from your IRA account in your brokerage to your personal account in the brokerage.  However, the amount of the distribution, as reported by the brokerage to the IRS, is the value of the shares transferred as of the time of the transfer, (more generally  the fair market value of the property that is transferred out of the IRA) and this is the amount you report on your income  tax return. Any capital gain or loss on those shares remains inside the IRA because your basis (in your personal account) in the  shares that came out of the IRA is the amount of the distribution.  If you sell these shares at a later date, you will have a (taxable) gain or loss depending on whether you sold the shares for more or less than your basis. In effect, the share transfer transaction is as if you sold the shares in the IRA, took the proceeds as a cash distribution and immediately bought the same shares in your personal account, but you saved the transaction fees for the sale and the purchase and avoided paying the  difference between the buying and selling price of the shares as well as any changes in these in the microseconds that would have elapsed between the execution of the sell-shares-in-Tim's-IRA-account, distribute-cash-to-Tim, and buy-shares-in-Tim's-personal account transactions.  Of course, your broker will likely charge a fee for transferring ownership of the shares from your IRA to you.  But the important point is that any capital gain or loss within the IRA cannot be used to offset a gain or loss in your taxable accounts.  What happens inside the IRA stays inside the IRA."}
{"_id": "424437", "title": "", "text": "Keeping your \u201cbig emergency\u201d fund in stocks if you have 12 months income saved is OK.   However you should keep your \u201csmall emergency\u201d fund in cash.   (However I find that even my stock broker accounts have some cash in them, as I like to let the dividends build up enough to make the dealing charges worthwhile.  You don\u2019t wish to be forced to sell at a bad time due to your boiler needing replacing or your car breaking down.     However if you lost your job in the same week that your boiler broke down and your car needed replacing then being forced to sell stocks at a bad time is not much of an issue. Also if you are saving say 1/3 of your income each month and you have a credit card with large unused credit limit that is paid of each month, then most \u201csmall emergency\u201d that are under 2/3 of your monthly income can be covered on the credit card with little or no interest charges. One option is to check you bank balance on the day after you are paid, and if it is more than 2x your monthly income, then move some of it to long term savings, but only if you tend to spend a lot less then you earn most months."}
{"_id": "424439", "title": "", "text": "Every listed company needs to maintain book of accounts, when you are investing in companies you would have to look at what is stated in the books and along with other info decide to invest in it."}
{"_id": "424455", "title": "", "text": "I'm not an expert on HFT. But order cancellation is not an indicator of front running...  Let's say you are willing to post 1000 shares at 25.00. Someone jumps in and takes 500. From past trading analysis you know that this is indicative of a larger order - say because of the speed of the execution you expect another 10000 shares to follow. This will push up the price because the demand curve has changed. If you leave your remaining 500 shares listed at 25, they will be lifted and the price will move up to, say, 25.25. This is not shady order cancellation- this is rational response to new information about demand for the stock, and not wanting to get screwed for selling at a lower price than equilibrium.   Or (I think this is a valid example but again not an expert here) say you are willing to sell 100 shares. You don't know where the buys will be routed so you post your 100 on multiple platforms. When one gets lifted you cancel the others.  Frankly the best argument against HFT is the billions of dollars being poured into infrastructure of questionable economic utility,  or at the very least diminishing marginal utility. But all this front running nonsense is just that."}
{"_id": "424460", "title": "", "text": "&gt; In fact, a part of me is ready to accept America becoming what France and the UK are now, still having relatively good standards of living but nowhere near the height of their historical powers.  Problem will be maintaining that lifestyle without that power level.   The rest of the western world has a high standard of living in stable, safe conditions in at least some significant part because they live under the US security umbrella, and we win the ability to dictate terms in a lot of situations by virtue of being able to back up our policies militarily.       We don't have anyone else to benefit from the strength of the way France &amp; the UK benefited from us; it's not hugely likely there'll be the sort of bipolar or monopolar world after the US decline, but the lack of a single heavyweight might bode poorly for international security."}
{"_id": "424468", "title": "", "text": "I do not think banks have an obligation to report any deposits to the IRS, however, they probably have an obligation to report deposits exceeding certain threshold amounts to FinCEN. At least that's how it works in Canada, and we're known to model our Big Brother-style activities after our neighbour to the South."}
{"_id": "424476", "title": "", "text": "Fair, but headlines like these do tend to stroke reactions from many of panic because of words like subprime and loans. Doesn't help that places like WSJ plant it right on their front page as the featured article lol."}
{"_id": "424489", "title": "", "text": "\"&gt; I'd rather spend a little more money to sustain something that doesn't work while we figure out how to replace it   Which is what happening now... and what Trump wants...  &gt; than cut the cord and literally put the lives at millions at risk?  This did not happen, and this is not what Trump did or want to do.  &gt; Do you not value human life?  Everything you say is exaggerated and you totally get swept away due to political reasons.  Why one earth would you even think that me or Trump \"\"Do not value human life\"\"?\""}
{"_id": "424503", "title": "", "text": "Exactly what kind of regulations are you talking about here? Regulation in the form of licensing for doctors and lawyers is one thing, but what are you implying in regulation stopping competition for other types of business?  As for the profit, I would say there are a lot of contributing factors, Globalization being a big one.  Edit: No need to downvote, just asking for clarification..."}
{"_id": "424511", "title": "", "text": "Your asset mix should reflect your own risk tolerance.  Whatever the ideal answer to your question, it requires you to have good timing, not once, but twice. Let me offer a personal example. In 2007, the S&P hit its short term peak at 1550 or so. As it tanked in the crisis, a coworker shared with me that he went to cash, on the way down, selling out at about 1100. At the bottom, 670 or so, I congratulated his brilliance (sarcasm here) and as it passed 1300 just 2 years later, again mentions how he must be thrilled he doubled his money. He admitted he was still in cash. Done with stocks. So he was worse off than had he held on to his pre-crash assets. For sake of disclosure, my own mix at the time was 100% stock. That's not a recommendation, just a reflection of how my wife and I were invested.  We retired early, and after the 2013 excellent year, moved to a mix closer to 75/25. At any time, a crisis hits, and we have 5-6 years spending money to let the market recover. If a Japanesque long term decline occurs, Social Security kicks in for us in 8 years.  If my intent wasn't 100% clear, I'm suggesting your long term investing should always reflect your own risk tolerance, not some short term gut feel that disaster is around the corner."}
{"_id": "424523", "title": "", "text": "\"We generally speak of the \"\"elasticity of demand\"\". Greeting cards are expensive because they can be. We buy them in a sentimentally weakened state, and we do not buy them by the tonne. There is also the concept of \"\"Market Segmentation\"\", but not so much. Essentially the price is determined by finding the \"\"point of pain\"\" and winding it back a little. So people will pay $5 for a card.  They will not (generally) pay $5,000 unless there is a good reason (vanity ?). Why sell them for $2 ? The customers who baulk at $5 tend not to even have $2. (Market segmentation again).  In short the price is always going to need to be set before the point where demand rolls off sharply, to maximise profit.\""}
{"_id": "424526", "title": "", "text": "I don't understand how that's relevant. If 10 people loan you money and I'm one of them, you shouldn't expect that I will agree for you to pay me less money just because the other 9 agreed to it.    I loaned you that money with the expectation that I would get 100% of it back.  Others may choose to adjust the terms of their loans, but it doesn't mean I have to."}
{"_id": "424550", "title": "", "text": "In many ways, finding an air duct cleaner is an easy task. A simple search online of a quick flip through the directory can yield numerous companies which are more than likely, quite eager to work with you."}
{"_id": "424564", "title": "", "text": "I'd suggest you start with a budget that includes savings, the minimum payment for those loans, estimates for recurring expenses, entertainment, and lifestyle items. That will let you baseline how much money you need for the lifestyle you want to have. Then apply your income to that model and whatever is left distribute out to your loans starting with the highest risk (not forgivable in bankruptcy/would make you homeless if you don't pay) and highest interest rate."}
{"_id": "424569", "title": "", "text": "Game theory behind the crypto currency boom. Tons of cutting edge topics from smart contracts to the idea of decentralized finance. There is plenty of room on both sides of every argument. Also, not a ton of existing papers in the space."}
{"_id": "424571", "title": "", "text": "\"The simple rule of thumb should be that you never loan money to people you don't know, especially people who seemingly find you out of the blue and have the most amazing stories like this one! (chuckle) This is a scam almost as old as the internet itself, and there's no guidebook for anyone to read that can tell them how to avoid such silliness.  It all comes down to simple common sense and gut instinct.  This is someone you met online (you didn't say how, but that doesn't really matter), and shortly afterward they come up with a crazy tale that involves money transfers and bank account passwords...and you're really going to even contemplate doing it? I think yo know better, but you're probably a kindhearted person who has a tough time saying \"\"no\"\".  You're exactly the kind of person these scams target. Give yourself some credit for being smarter than this, end the online friendship, and wish them luck in their endeavors. Good luck!\""}
{"_id": "424580", "title": "", "text": "There have been several stories lately anecdotal suggesting that U.S. company sales to Europe have dropped dramatically  while sale to Asia, Canada and Mexico are growing (as well as domestic sales)  -just another sign of how interconnected the world economy really has become."}
{"_id": "424582", "title": "", "text": "We are leading Commercial Interior Designer &amp; Architect in Mumbai. This service is for commercial people like retailer Owner, Shop or Store Owner, Showroom Owner or Builders, etc. We provides all types of services related to Commercial interior designer and architect field. Commercial sector is currents more focussing on the interior. And to fulfil that dream we are the solution. We provides this services from small scale to large scale commercial sector. Our quality of service is on top in the market. Many builders and commercial sector owners are our clients."}
{"_id": "424585", "title": "", "text": "&gt; That leaves those that want to \u2018see\u2019 outside of China via a phone needing to either jailbreak their iPhones...  No. You simply have to configure the VPN manually, or get an account on a non-Chinese App Store. I had no problem with using the USA App Store during my five years in China.  Manual configuration is not difficult, and all of the VPN's have easy to follow instructions for the non-technically inclined. Granted, there's a bit of a chicken and egg problem wherein you often need a VPN to access a VPN's website, but people that are looking to circumvent aren't morons."}
{"_id": "424598", "title": "", "text": "\"I'm probably going to get a bunch of downvotes for this, but here's my not-very-popular point of view: I think many times we tend to shoot ourselves in the foot by trying to get too clever with our money. In all our cleverness, we forget a few basic rules about how money works: It's better to have 0 debt and a small amount of savings than lots of debt and lots of savings. Debt will bite you. Many times even the \"\"good\"\" mortgage debt will bite you. I have several friends who have gotten mortgages only to find out they had to move long before they were able to pay it off. And they weren't able to sell their homes or they sold at a loss. When you have debt, you are restricted. Someone else is always holding something over your head. You're bound to it. Pay it off ASAP (within reason) while putting a decent amount into a high-yield savings account. Only after the debt is gone, go and be clever with your money.\""}
{"_id": "424641", "title": "", "text": "No. If you didn't specify LIFO on account or sell by specifying the shares you wish sold, then the brokers method applies.  From Publication 551 Identifying stock or bonds sold.   If you can adequately identify the   shares of stock or the bonds you sold, their basis is the cost or   other basis of the particular shares of stock or bonds. If you buy and   sell securities at various times in varying quantities and you cannot   adequately identify the shares you sell, the basis of the securities   you sell is the basis of the securities you acquired first. For more   information about identifying securities you sell, see Stocks and   Bonds under Basis of Investment Property in chapter 4 of Pub. 550. The trick is to identify the stock lot prior to sale."}
{"_id": "424662", "title": "", "text": "It isn't always bad. There are cases where it works. Unfortunately these are hard to predict.  There is no magic formula: if you have X years of experience in profession Y that makes it perfect to go into business Z. Even if Y and Z are the same, unless you have the correct type of experience in Z you can quickly get over your head. Ten  years as a waiter doesn't help you to understand the entire restaurant business.  In some cases the key to running a successful business is having years of experience running a business. In other cases the knowledge has to be domain specific. The less complete your knowledge, the more landmines and blind spots that will exist in your operation.  The weaknesses have to be filled by others in your team. But that exposes you to other problems, they can let you down without you knowing it.  The better approach is to say in a few years I want to own a business. What do I need to do to get to that point besides money to buy the business, money to run the business, and money to survive the early years. What knowledge do I need to gain, or team members do I need to recruit."}
{"_id": "424679", "title": "", "text": "\"I cannot tell you what is or is not allowed under Islamic law. What I can tell you is that when most investors talk about the \"\"power of compound interest,\"\" they are not actually necessarily talking about interest! The idea of the magic of compound interest is that when you receive an interest payment on your investment, you now have a larger investment, earning more interest. Your investment grows exponentially. This doesn't just apply to interest payments, however, but can apply to any type of investment where the profits of the investment cause the investment to get larger.  For example, if you invest in a company's stock, and the value of the stock goes up 10% in a year, after that year your investment is worth more than it was at the beginning. If it goes up another 10% the following year, you have gained more money in the second year than you did in the first. Your gains are compounding, even though interest payments are not involved at all. The same is true if you reinvest dividends or if you use business profit to expand your business, for example.  The term \"\"power of compound interest\"\" is so named for historical reasons, but really applies to any type of investment where the investment itself is growing.\""}
{"_id": "424706", "title": "", "text": "Unless you want to be a short term day trader, then it is not foolish to be an end of day trader. If you are looking to be a medium to long term trader/investor then it is quite acceptable to put orders in after market close. Some would say it is even less risky, because you are not watching the price fluctuate up and down and letting your emotions getting the best of you."}
{"_id": "424717", "title": "", "text": "\"Specifically, what does my broker mean when they say an asset or investment strategy is high risk?  In this context, it is a statement based on past events and probability. It is based on how confident s/he is that the investment will perform to certain benchmarks. This is a math question, primarily (with some opinion mixed in, granted). This is where the Sharpe ratio and others fit well. How am I supposed to answer a question like \"\"rate your risk tolerance from low to high\"\"? This is the hard question, as you have seen. In this context, risk tolerance is derived from your current position and future plans (goals). This is a planning, goal setting, and strategy question, primarily (with some math mixed in, granted). How vulnerable is your current position and future plans to an under-performing investment? If you answer \"\"very\"\", then you choose investments that have a lower probability of under-performing.  The Sharpe ratio has little to do with answering this question. It is a tool to find investments that better match your answer to this question.\""}
{"_id": "424720", "title": "", "text": "I didn\u2019t see a single policy rollback in that article that would have hurt workers in any way.  I see a bunch of pointless wage and reporting requirements that when eliminated will help reduce compliance costs for businesses.  I see a rollback of Federal wages, which is great for the taxpayer and the real economy.  I see overtime rule eliminations, which the Federal government has no business interfering in anyways, as wage agreements are privately and mutually agreed by both parties.  I see a rollback of fiduciary rules, which had they been implemented as planned, would have eliminated the ability of many lower income Americans to get any financial advice (advisors have to get paid somehow).  The safety related regulations are already handled at the state level, no need for the federal government to interfere.  Mandated paid leave is another policy that hurts workers by increasing wage expenses and reducing employment."}
{"_id": "424744", "title": "", "text": "The safest financial decisions that you can make in Greece involve getting your money out of Greece. That said, it depends. If the economy is going to implode and you'll be out of the job with devalued savings -- you'll be bankrupt anyway. You didn't mention enough about your situation for anyone to really answer the question. In a high-inflation environment, *if*you have the assets to weather the storm, holding debt on real property and durable goods is a good thing. The key considerations are:  If you have the means, times of crisis are great opportunities."}
{"_id": "424756", "title": "", "text": "\"Synergy is when a relationship makes its members stronger. \"\"Relationships\"\" doesn't cut it. Results and [ROI](http://www.investopedia.com/terms/r/returnoninvestment.asp) are very different. If a subordinate brings an insignificant problem to their manager, \"\"be realistic\"\" doesn't have quite the kick that \"\"deal with it\"\" does, IMO, but I'll give it to you. I'm not sure what you're getting at with \"\"Expectations? Goals?\"\", but managing expectations is conveyed in neither.  Your terms do not suffice, and your lack of understanding leads me to believe that you're either really junior or not in business at all.\""}
{"_id": "424766", "title": "", "text": "\"You can rollover money from a 401(k) to Traditional IRA and back to a 401(k). There are likely account closure fees associated with this, so it's not completely free. As long as you're rolling from one tax deferred account to another there are no penalties. The IRS has a handy chart showing what accounts can roll where. Note, starting next year, you can only do one IRA rollover per year. The IRS has additional general information on retirement account rollovers. One additional comment - on the concept of your money being \"\"locked\"\" into an IRA. Generally you have far more options with an IRA than a 401(k). If you go with a large, low cost provider like Vanguard you're likely to be much better off than in a small company 401(k) that only offers costly funds that are likely selected primarily to benefit the administrator of the plan. Choose your IRA provider and the investments with them wisely, and leave that money there for a very long time.\""}
{"_id": "424808", "title": "", "text": "If the republican were smart(not) they would rework and refine Obama care. Instead of obsessing over the fact that the current health care bill is a democratic program, by refining and reworking it they would be known as the party that made Obamcare better."}
{"_id": "424818", "title": "", "text": "In short - if you can't get the job without incorporating, then incorporate! Some clients will require you to be incorporated (which is why I did it 10 years ago).  Essentially, for them, it's a way of distancing themselves from you to ensure they are not responsible for any monies if you don't pay your taxes.  For you, there is also this idea of distancing company assets from your personal assets.  If they are not requiring you to incorporate, you can simply act as a sole proprietorship.  A good place to start reading up could be the sites below (for Canada/Ontario): Canada Business http://sbinfocanada.about.com/ http://sbinfocanada.about.com/od/incorporation/Incorporating_A_Business_In_Canada.htm http://sbinfocanada.about.com/cs/startup/a/incorporatadv.htm When I registered, I simply bought a book at Grand&Toy, with all the required forms for Ontario.  These forms would also be available at a local Government service centre. You walk in, give the government money, and shortly thereafter you are incorporated. There are a number of others things that are required (having a minutes book, writing resolutions, creating shares, setting up a bank account, etc) - all discussed in the guide For Ontario you can start here: http://www.ontario.ca/en/services_for_business/index.htm At a high level, there are some costs for being incorporated, and some tax savings.  At a minimum, costs would include: You may need the help of an account to help set things up, but it's quite easy to maintain all the records, etc that are required.   Some other minor things I enjoy are writing myself expense cheques so that I get money back immediately (and effectively only pay 60% of the cost after writing it off in the company). I can decide how much to pay myself and push income from year to year."}
{"_id": "424824", "title": "", "text": "\"US-Australian tax treaty limits the tax the US can levy on interest payments to Australian residents at 10%. However, that is the \"\"worst\"\" situation. There are several exempted situations which your specific example may fall into where you wouldn't need to deal with the US taxes at all. I suggest contacting a tax accountant proficient in that treaty and the Australian tax law. You will still be obviously paying taxes in Australia.\""}
{"_id": "424826", "title": "", "text": "If you want the flexibility to make additional payments you should favour a flexible ISA. Shop around on comparators and you should be able to find a few that responds to your minimum interest rates Fixed-term ISAs are comparable to a bond: money goes in on day one and then no more deposit are allowed. The rate is fixed for the period. Even though they have a fixed you would still be able to withdraw cash but this would cost you an interest penalty. Not being able to withdraw money is asking the banks to take responsibility on your behalf... They won't do that"}
{"_id": "424828", "title": "", "text": "That's Apples to Oranges. Amazon isn't the same business model as Sears and infact has been the recipient of the zero sum retail game in this country.   Looking at similar companies:  Best buy  -53%  Target -10%  Walmart  +2.4%  Target -10%  Costco +84%  Sears +119%   Amazon +1450% --- hardly directly comparable    So we see compared to similar brick and mortar retailers Sears is actually doing quite well over the last 10 years. If they can recover from this envionment they might very well end up surviving."}
{"_id": "424841", "title": "", "text": "If your budget allows for it, max out both plans!  However, in my opinion, you're on the right path: The advantage of also contributing to the Roth 401(k) in this case would be: This second point is the main reason that you should also invest in a 401(k), using that as a retirement savings vehicle alongside your Roth IRA. One caveat is that you should ensure that you'll have sufficient savings so that you won't need to dip into either plan - it'd be a shame to reduce the investment base from which you can grow your savings tax free. Personally, I'd view my contributions in the Roth IRA as an emergency fund to be used only in the direst circumstances."}
{"_id": "424868", "title": "", "text": "\"The biggest issue is determining how committed you are to this \"\"niece\"\". When setting up an account (529/prepaid tuition/Universal Gift to Minors/Coverdell/Roth) you are making a commitment that locks you into some provisions. They all have different amounts of control, and can impact taxes and financial aid. The states involved can even be important. Some will give tax breaks. How they handle state vs private schools and out of state schools will also differ.  The problem is that it is hard enough knowing what a kid 10-18 years from now is going to want to do, or be able to do. The government has crafted some provisions to handle these complex issues: scholarships, going to a service academy, going to a private school, death of the child...what I don't think they have covered is ending the relationship.  The best option is to set aside the money in a regular account, with no special tax provisions; and then when they are close to graduating determine the best way to handle the transfer. Yes you may have given up some tax benefits, but it will still be your money. You will have to determine how this money will be transferred, but that will depend on the tax rules, and financial aid policies in the future. Options include gift to niece, direct payment, graduation gift...\""}
{"_id": "424872", "title": "", "text": "\"I do have to say, that this is certainly not an influence of \"\"creeping socialism\"\" but rather \"\"creeping corporate welfare-ism\"\"   if socialism was the culprit, we'd be actually doing something to alleviate the suffering of babies and kittens. as it stands, we are just contributing to outrageous corporate bonuses.\""}
{"_id": "424893", "title": "", "text": "\"Donate buttons are meaningless with regards to taxes. This is payment for something you provided, and you cannot claim that you've received a gift. Any money you receive in this way is payment for your software. Remember, for gifts - no consideration should have been provided to the donor. Anything for which a consideration was provided - cannot be a gift. In your case the consideration is the software, and it's value is the amount you were paid. Since every person can decide how much to pay you on his own - any payment is for the software, not a gift. Any money you get is taxable to you, and you cannot claim it as \"\"gifts\"\" without exposing yourself to risks of making fraudulent claims. Consult a licensed tax adviser (EA/CPA licensed in your State) for a qualified tax advice.\""}
{"_id": "424903", "title": "", "text": "Some Walmart stores have a surcharge-free ATM in their Money Center. If that doesn't work, look for the logo of the interbank network on the back of your card that your bank uses (e.g. Star, Cirrus, Allpoint, MoneyPass) and Google them. If you're lucky, they'll have a surcharge-free ATM locator (e.g. https://www.star.com/locator/)."}
{"_id": "424911", "title": "", "text": "Wheee . . .what fun . .these fucking bankers never learn and on the other side of the shit spectrum we have the Jolly octopus (AKA Goldman) with investors pulling out of their Rainbow unicorn fund.  I am watching you octopus and if you need [help vs the Octopus](http://www.investorclaims.com/Brokerage-Firms/Goldman-Sachs.aspx)"}
{"_id": "424960", "title": "", "text": "Yeah, the party isn't going to last!...  People are going to stop eating and buying useless shit.  They aren't going to live in houses and apartments, instead choosing to live off the land in mud-huts.  Women aren't going to wear jewelry or get their hair done or buy fancy shoes any more.  Just as men will stop buying fast cars and electronics..."}
{"_id": "424961", "title": "", "text": "I suggest taking a look at your pay stub or pay statement. Your employer should provide you with one for each time you get paid. This shows your gross income (pay period and year to date or YTD for short) and all stuff that gets deducted and how your actual payment is calculated. In my case there are nine things that get taken off: Other things that might show up there are various life or accident insurances, Child Care flexible spending account, legal & pet insurances, long term disability, etc. Some of those are under your control (through benefit election or contribution choices), others you just have to live with. Still, it's worth spending the time to look at it occasionally."}
{"_id": "424979", "title": "", "text": "Sounds a lot like my old boss. Except, I couldn't even get a PM methodology in place that numbered and tracked projects.   Boss: Just email me weekly status reports of what you're working on.  Me: How am I supposed to know what I am working on?  Boss: ...  ---  Me: I came up with a PM system to track all of our work. Here's the link.  Boss: I like this, I have some notes of things I'd like changed.  6 months later  Boss: Where is your weekly status report?  Me: When are you going to send me those notes?  ---  Boss: Send me an inventory of all of our systems and servers.  Me: I can put it in a centralized, web-based system where we you can get real-time reports and export them to Excel.  Boss: We'll do that later.  6 Months later  Boss: Can you email me an updated version of the systems and servers inventory?  Me: Where is it?  Boss: You sent it to me.  Me: So in email?  Boss: I guess.  Me:I can put it in a centralized, web-based system where we you can get real-time reports and export them to Excel.  Boss: We'll do that later.   ---  Boss: This employee of yours is a real problem.  Me: I agree, we've had many conversations about this. I've spoken to her several times, she's been written up. I think it's time to fire her.   Boss: Let's wait till after the holidays I'm going on vacation then you are.  Me: I think we need to move quickly.   Boss: Let's wait  Right after holidays employee falls, injures hip on the job. Takes 9 months off of work. Turns out it was a preexisting condition but HR tells us we have to take her back despite the act that she lied on her application.  --- Went on short paternity leave. Boss was supposed to okay my employees time cards in the system in my absence. Same employee as above.  Boss: So you're employee didn't get paid because her time card wasn't approved.  Me: I was on leave, I was clear I couldn't okay it while I was out and my system back up was supposed to okay it.  Boss: Who is your system back up?  Me: According to HR, you.  Boss: Oh, well you need to own this problem.  Me:...  ---  Me: So we just need to develop use cases for the system.  Boss and his Boss: Don't use technical jargon.  Me:..."}
{"_id": "424981", "title": "", "text": "You realize he has been saying this for years? He knows the system is broken because he uses the broken parts of the system to his advantage every day to make more money. He has very clearly explained how he makes so much money and just as clearly explained multiple ways in which he could be stopped from doing so.   He isn't spreading some lie about helping the system through tax breaks, he is explaining how we can get more money out of him and everyone like him and help stop the accumulation of ridiculous amounts of wealth that benefit nobody."}
{"_id": "424998", "title": "", "text": "\"First, my economics professor would kill me if I didn't point out that lowering the price doesn't change **demand,** only **quantity demanded.** There's a pretty big difference between the two.  Anyway, the answer to your question is...it depends.  You're hoping that people who don't buy your sandwich for the original price will start buying it at the lower price. You're also hoping that once you increase the price they'll continue to buy it. The relationship describing how much a change in price affects the quantity demanded is known as elasticity. Elastic demand means that small changes will have a big affect on buying decisions. Inelastic demand means that buyers are not very flexible and will continue to purchase even after a significant price increase. Theoretically, at least.  The decision to raise or lower a price is a very complex process with a lot of variables, so I don't think anyone can give you a \"\"right answer\"\" to your question.  Practically, you need to figure out where these extra customers are coming from. If they aren't buying your sandwiches now because there's a cheaper alternative, lowering the price might entice them to buy from you instead. However, this means that when you raise the price back, they'll likely leave again.  If they don't know about your deli or haven't tried your sandwiches yet, a change in price isn't likely to do any good without a strong marketing campaign to back it up.  The uniqueness of your product could also have an effect. If your product is subway quality at higher prices, no one is going to stick around. On the other hand, if you lace your sandwiches with crack, you might get some repeat customers. Long-term loyalty is key ;)  Hopefully this rambling helps you. It's late and I need to sleep. Good luck!\""}
{"_id": "425004", "title": "", "text": "Same here. I'm 61. My work requires long hours sometimes 18 hrs/day during production. It is filled with people half my age and I love it. It's invigorating. When my mind is on fire I could go forever. Working with younger people has shaved about 20 years off my mental age and they seem incredibly grateful for my experience. I can answer a lot of questions in minutes that would take them days. I wouldn't MIND working three days a week. But I don't NEED it."}
{"_id": "425020", "title": "", "text": "I think by definition there aren't, generally speaking, any indicators (as in chart indicators, I assume you mean)  for fundamental analysis. Off the top of my head I can't think of one chart indicator that I wouldn't call 'technical', even though a couple could possibly go either way and I'm sure someone will help prove me wrong. But the point I want to make is that to do fundamental analysis, it is most certainly more time consuming. Depending on what instrument you're investing in, you need to have a micro perspective (company specific details) and a macro perspective (about the industry it's in). If you're investing in sector ETFs or the like, you'd be more reliant on the macro analysis. If you're investing in commodities, you'll need to consider macro analysis in multiple countries who are big producers/consumers of the item. There's no cut and dried way to do it, however I personally opt for a macro analysis of sector ETFs and then use technical analysis to determine my entry and/or exit."}
{"_id": "425021", "title": "", "text": "\"The policies he claims to support put him pretty far out of that camp.  Immigration, at least the policies hes claimed to support, trade (dropping of TPP, claiming to renegotiate NAFTA, etc), cutting financial support for global political organizations and dropping out of the Paris agreement and in general his \"\"America First\"\" platform.    Now how these actually play out is a matter of several other factors and could have just been campaign promises, but in general his formal positions put him pretty far away from globalist camps.  Although, I was specifically talking about Zuckerberg here, not so much President Trump in this situation.\""}
{"_id": "425022", "title": "", "text": "Not quite sure I follow. The idea is that you scan items as you need them and they get added to your cart. With the acquisition of Whole Foods you could just go to a local store and pick up your order."}
{"_id": "425070", "title": "", "text": "The thing is that you only need one entry, not two. That's the beauty of double entry - since you have double entry system, every transaction will create two entries. So you don't need to create two transactions, you only need one. So you got a $30 gift. You credit Income:Gifts and on the other side Assets:Checking. Your general ledger entry (Menu->Tools->General Ledger) will look like this: You end up with balances: Which represent your total income and your current balance. Similarly with expense for food: GL will look like this: Balances: And you keep track of totals properly."}
{"_id": "425077", "title": "", "text": "This article is hot garbage.  Airlines have profit margins of 1% or less. Pilot shortages are a more a function of the regulation of licenses, not greedy companies hoarding loads of cash.  And the farming example? The farmers *have* hired employees. They're waiting on approval to enter the country.  If anything, the examples the author provides advocate less regulation, not more. I guess you can spin facts how you want, but here, all you have to do is write the right headline and get upvotes from people who don't read the article."}
{"_id": "425083", "title": "", "text": "Are you in a mood to plan a unique and extraordinary theme for your little angel\u2019s birthday celebration? Spa on wheels would be a great idea to tap on. This is very unheard of and though it is a popular one, however it has an extremely unique appeal to leave a pleasing effect. If you are contemplating to throw a birthday party within the parameters of Houston and katy, Princess &amp; Tiaras would be the best choice for their ability to design the best birthday parties for girls in Houston and Katy."}
{"_id": "425089", "title": "", "text": "\"Hilarious. No one is going to steal your idea. Because your idea is worth NOTHING. A business running on an idea *might* be worth something. But an idea by itself is literally worthless.  You would be incredibly LUCKY if someone copied your idea, because it would mean it's a good idea (99% of business ideas are terrible ones) and you could then advertise as the \"\"often copied but never equaled...\"\"\""}
{"_id": "425103", "title": "", "text": "I read an article where this website did an interview with them and concluded its very sketchy and possibly illegal. They refused to give out their FDIC number and they got the high interest rate by selling personal customer information to third parties"}
{"_id": "425104", "title": "", "text": "Cleaning the skin with water and detergents did not help at all. The water and the detergent solution just flowed over the pores and the pores continued to be blocked. When the same skin was exposed to Clarisonic original 2-speed Sonic Skin Cleansing System, the pores instantly opened and the microscope revealed the dirt and grime popping out of the pores. This led to skin that was not only 100% clean, the absence of dirt in the pores made it feel soft to the touch."}
{"_id": "425121", "title": "", "text": "Dynamic Roadshow is an Indian wedding d\u00e9cor expert that can spruce up your venue with customized centrepieces and d\u00e9cor. We can work closely with you to recognize your needs so that everything goes well as per the plan. We also provide Mehndi d\u00e9cor hire services according to your budget and needs."}
{"_id": "425136", "title": "", "text": "Trump keeps pretending taxes are a problem for corporations, but he has never paid any.   In fact he said that NOT PAYING taxes makes him smart.  So this idea that the US is the most taxed country in the world holds no basis in fact.  Guys like him have methods tp dodge taxes.    To create further tax cuts, is irresponsible when he already hardly pays any.    Who will pay for the armed forces?  Trump voters, because it wont be Trump or his cronies.   This is the biggest highway robbery of his tenure.   EDIT:  Trump has recieved more handouts and tax breaks and debt credits for missmanagement than any businessman in history."}
{"_id": "425150", "title": "", "text": "\"I agree with you completely that many college graduates are grossly underprepared for the \"\"real world\"\", and that many might not want to work with their hands.  You're even right that a non-graduate can make 40k a year in a trade.  But, if you think that labor jobs are some hidden answer that can solve unemployment, you're nuts.  It's no secret that work is drying up in most areas.  That means less hours to go around. Instead of older workers retiring, they're staying on the job as long as possible in order to maintain the retirement they envisioned for themselves.\""}
{"_id": "425157", "title": "", "text": "You could do that once, maybe, if the lender negotiates rather than going to court and taking you for everything you have plus having you wages garnished for the next several decades. And in the process, you would destroy your credit rating, making it impossible to borrow again any time soon. Doing this deliberately is fraud ... But worse than that, it's blatently stupid. You are likely to lose far more than you could gain."}
{"_id": "425185", "title": "", "text": "It looks like the resource to deciding these is here  Concerning the meals, the law seems a bit vague to me. You can exclude the value of meals you furnish to an employee from the   employee's wages if they meet the following tests. This exclusion does not apply if you allow your employee to choose to   receive additional pay instead of meals. If the whole point of google providing meals is to benefit Google as such people will not leave the googleplex when to obtain meals elsewhere causing increased productivity for Google, then this is covered as a business expense.  (Even if it wasn't, Google would have to notify you that it was providing you a non-expensable benefit, i.e. compensation, by giving you a 1099 at the end of the year). Concerning the other benefits, the only way I could see those items not being taxable benefits is if one of the two applies."}
{"_id": "425204", "title": "", "text": "It's the same as with equities. If you're just buying foreign currencies to hold, you can't lose more than you invest. But if you're buying derivatives (e.g. forward contracts or spread bets), or borrowing to buy on margin, you can certainly lose more than you invest."}
{"_id": "425215", "title": "", "text": "uhh... because capital is just being hoarded and not being invested..?? Companies just hoard cash and just make big acquisitions now instead of expanding businesses and jobs. Even with higher taxation they would have billions of dollars of capital to invest in new businesses."}
{"_id": "425228", "title": "", "text": "There is a lot to it then that. I personally reject the idea of eating food that has been genetically modified. I also don't approve of the fact that farmers are not allowed to re-plant the seeds they get from the GMO-germinated plants.   What also scares me is that one of the provisions of the TPP is to allow a company like Syngenta (or Dow, or Monsanto) to sue the Chinese government because it doesn't want to deal with GMOs."}
{"_id": "425233", "title": "", "text": "\"Why not badger the person who actually wrote that phrase in the article's title? [Here you go](https://qz.com/author/akshatqz/) there is everything you need to contact the person who wrote this article, and it's title: \"\"A simple way the rest of the world could punish Trump for quitting the Paris climate agreement\"\" It's quite likely OP's title for this post was meant to be a shorter, simpler version of the articles actual title, so why bother them about it? They just rephrased the title of the article in a way that still accurately describes the article, even if the article itself is based on false assumptions. If you want to badger anyone, go badger the person who said it first.\""}
{"_id": "425234", "title": "", "text": "US government bonds and bonds issued by companies with a safe track record and consistently high ratings, for the past years, by credit agencies. But the time line of your investment, which is quite short, maybe a factor of choosing the right bonds. If you are not going to touch the money then CD maybe an option or an interest bearing savings account."}
{"_id": "425239", "title": "", "text": "\"This is a generic answer to this question, since I believe the UK requirements mean you have no choice in this particular situation. Ask yourself this question: If the boat sank, would you buy another boat? If the answer to that is \"\"yes\"\" then insurance is often worthwhile.\""}
{"_id": "425249", "title": "", "text": "\"Debit Cards have a certain processing delay, \"\"lag time\"\", before the transaction from the vendor completes with your bank. In the US it's typically 3 business days but I have seen even a 15 day lag from Panera Bread. I guess in the UK, payment processors have similar processing delays. A business is not obliged to run its payment processing in realtime, as that's very expensive. Whatever be the lag time, your bank is supposed to cover the payment you promised through your card. Now if you don't have agreements in place (for example, overdraft) with your bank, they will likely have to turn down payments that exceed your available balance. Here is the raw deal: In the end, the responsibility to ensure that your available balance is enough is upon you (and whether you have agreements in place to handle such situations) So what happened is very much legal, a business is not obliged to run its payment processing in realtime and no ethics are at stake. To ensure such things do not happen to me, I used to use a sub-account from which my debit card used to get paid. I have since moved to credit cards as the hassle of not overdrawing was too much (and overdraft fees from banks in the US are disastrous, especially for people who actually need such a facility)\""}
{"_id": "425250", "title": "", "text": "&gt; I challenge that view  Please provide an example of a country anywhere in the world that has privatized all of the services I mentioned. How is it working out? While you're at it, explain to me how the privatization of the prison system has worked out for the US. I'll give you a hint: the answer is not good."}
{"_id": "425260", "title": "", "text": "\"I agree that this is a \"\"bad idea\"\" but I want to add in one more reason. Let's pretend your family and you are ok with all the tax ramifications and legal issues. This is still a horrid idea.  You have to deal with the What Ifs. What if you get in an accident with your car, and then a law suit comes around and they decide to seize your assets? Again the reason isn't important\u2014what is important is your ability to pay a critical \"\"thing\"\" is going to be based off accounts and money that are not yours.  So you goof up on child support and they \"\"freeze\"\" your accounts. Guess what? Now your family members lose access to their money, because on paper it's your money. Keep in mind it doesn't have to be an irresponsible action that causes the issue. ID theft, for example, often results in a temporary account freeze while things are sorted out. So now your mom can't eat because \"\"your money\"\" is pending review.  In this situation you might even turn to your mother or father or brother for help while your accounts are frozen for 2-3 months and everything is sorted out. But now you can't because their money is tied up too.  Lastly lets assume the ID theft issue. That ID thief now has access to a big pool of money. They walk off with everyone's nest eggs\u2014not just yours.\""}
{"_id": "425262", "title": "", "text": "Apply anyway, they can always ask. That doesn't mean they'll get anyone with quantum computing experience to work for $20/hr helping the older staff find their mouse cursor.  Think of the job ads like Craigslist sale item postings. A lot of people, even at companies, have no sense of the market and what they can reasonably ask for. So they'll put up ads selling heavily used IKEA particle board furniture for $500 and other ridiculous demands.  All they know is the labor market is down, so they interpret it as a free for all. Then bitch when they can't fill a position that couldn't be filled even if these fictional candidates did exist due to poor compensation or the organization being a bad place to work at.  When the labor market does improve a lot of these companies that don't have a grip on reality with regards to labor relations are going to be out competed by their more sensible competitors."}
{"_id": "425269", "title": "", "text": "\"&gt;You call me \"\"na\u00efve\"\" for being concerned for my fellow man? How is that \"\"na\u00efve\"\"?   Being concerned for people isn't naive, it is naive to think slightly above minimum wage retail employees ever had a fighting chance. Unskilled/uneducated workers are always the first to go.  &gt;It simply makes me sad that all these humans will suffer.   But honestly, retail employees are at the lowest rungs of these issues and obviously the most at risk and always have been.  McDonalds would be hurting too if not for fast food being cheaper than whole food and America's addictiong to cheap fast food in large quantities.    &gt;That doesn't make me na\u00efve - that makes me a decent human being.  You are naive to think these people ever had a chance to begin with. Their jobs depend on retail profitability which has been steady and now quickly declining.   What do you suggest? Welfare? Unemployment doles? Will that make society better off?    &gt;The fact that you are willing to call me names simply because I express concern for these people speaks for itself. The fact that I've been downvoted heavily for saying it speaks badly of the compassion of the people reading this subreddit.  Naive isnt a particularly nasty name, but perhaps I should call you gullible. It isnt about compassion as much as ignorance to the facts of life.  America used to be about limitless profit so bad business models survive.  But when your business model is based on zero sum profitability in an evolving retail world where Sears has NOT been an innovator and has instead lost marketshare to more innovative companies. It is naive and gullible to think the Sears' employees ever had a chance.  The good news is a $9/hr job is easier to find than a $100,000/year job. These Sears employees can go work at Khols or Panera Bread for very little loss in income.\""}
{"_id": "425288", "title": "", "text": "Why can't the Fed simply bid more than the bond's maturity value to lower interest rates below zero? The FED could do this but then it would have to buy all the bonds in the market since all other market participants would not be willing to lend money to the government only to receive less money back in the future.  Not everyone has the ability to print unlimited amounts of dollars :)"}
{"_id": "425293", "title": "", "text": "\"I've never invested in penny stocks. My #1 investing rule, buy what you know and use.  People get burned because they hear about the next big thing, go invest! to just end up losing everything because they have no clue in what they're investing in. From what I've found, until you have minimum of $5k to invest, put everything in a single investment. The reason for this, as others have mentioned, is that commissions eat up just about all your profits.  My opinion, don't put it in a bond, returns are garbage right now - however they are \"\"safe\"\". Because this is $1000 we're talking about and not your life savings, put it in a equity like a stock to try and maximize your return. I aim for 15% returns on stocks and can generally achieve 10-15% consistently. The problem is when you get greedy and keep thinking it will go above once you're at 10-15%. Sell it. Sell it right away :) If it drops down -15% you have to be willing to accept that risk. The nice thing is that you can wait it out. I try to put a 3 month time frame on things I buy to make money.  Once you start getting a more sizable chunk of money to play around with you should start to diversify. In Canada at least, once you have a trading account with a decent size investment the commissions get reduced to like $10 a trade. With your consistent 10% returns and additional savings you'll start to build up your portfolio. Keep at it and best of luck!\""}
{"_id": "425299", "title": "", "text": "Because the government has to subsidize the employee.  Libertarians are morons. They live in this fantasy world that the free market is perfect. If you believe in a $0 Minimum wage than you should go live on the current min wage for 2 years in a major metropolitan area."}
{"_id": "425304", "title": "", "text": "Winning an election and then going head to head with the most entrenched state legislator in American history without building support for your 'turnaround agenda' is stupid.   Declaring in an open forum in 2013 that the ideal political strategy would be to put pressure on the most vulnerable populations in Illinois in order to drive a political wedge between your opposition and their constituents is cruel AND stupid.  Stating publicly that the most recent budget proposal contains 90% of what you want and then proceeding to veto it because of the final 10% is stupid and counter to the goals of our political system.  He trots around the capitol wearing his Carhartt jacket and talkin' in a folksy way and it's a joke.  He is personally responsible for Rahm Emmanuel's personal fortune, and both of them should go far far away."}
{"_id": "425308", "title": "", "text": "Taking all your assumptions: With Roth, you take $6112 from work, (let's call you tax rate 10%) pay $612 in taxes, and contribute $5500 (the max if you are younger than 50).  This $5500 will grow to $21,283 in 20 years at 7% annual growth ($5500*(1.07^20)), and you will pay no additional taxes on it. With the traditional IRA, you take $6112 from work, pay $612 in taxes, and contribute $5500.  You will receive a tax deduction at tax time of $612 for the contribution.  This money will also grow to $21,283.  This will be taxed at your ordinary income rate (which we're calling 10%), costing you $2123 at the time of withdrawal.  You will have $19,155 left over. EDIT: If you invest your tax savings from every contribution to the Traditional IRA, then the numbers wash out.  Perhaps a pivotal question is whether you believe you will have greater taxable earnings from your investments in retirement than you have in taxable earnings today -- affecting the rate at which you are taxed."}
{"_id": "425323", "title": "", "text": "https://www.bls.gov/opub/reports/minimum-wage/2015/home.htm  &gt;&gt;The percentage of hourly paid workers earning the prevailing federal minimum wage or less declined from 3.9 percent in 2014 to 3.3 percent in 2015.  The middle class is not reliant on minimum wage. Barely anyone is. Championing minimum wage is a PR strategy, not an economic one.   Unaffordable housing is a symptom of a housing shortage, which is most likely a symptom of bureaucracy."}
{"_id": "425352", "title": "", "text": "Using your credit card: Applying for a store credit card: In general it is far better to not buy bigger items like a computer until you can pay cash, or pay for it on credit card (to get reward points) and then pay off the card the next month so you don't pay interest."}
{"_id": "425364", "title": "", "text": "The things you should consider about a girls hostel in dehradun is not so much measured by the familiar luxuries it gives, for example hot shower, TV with digital cable connection yet all the more by the individuals, the staff and individual voyagers that set aside a few minutes there, however short, more critical. Any individual who has invested a developed measure of time living around other people with other individuals will comprehend the physical and mental modification that accompanies it. You figure out exactly how tolerant you truly are and work out better approaches to make it survivable\u2026\u2026"}
{"_id": "425387", "title": "", "text": "That's actually a pretty good way to get bankrupt quick. You can get rich quick through lottery, gambling, mere saving or investing wisely, or marrying someone from the Kennedy or Bush clans. Starting a business is one of the ways to become a millionaire, but definitely not the only one."}
{"_id": "425397", "title": "", "text": "\"This particular topic has probably been beaten to death already.  But from the other comments, it seems that splitting finances them is a popular solution on this forum.  I can see the individual benefit of this - makes it easy to go buy whatever you want.  But it can hurt too.  What if the situation changes, and you are no longer employed?  Your setup will cause stress because now you are having to ask your spouse to pay for everything.  If this works for you - congratulations.  But, fights may ensue - divorce may follow. I would like to offer an alternative.  In my situation, I bring home a paycheck, while my wife does not.  In this case, each of us paying 50% would simply not work.  Not to say my wife doesn't work - she works her butt off cleaning house, raising kids, etc. What we do is have any money that comes in go into a pot.  We budget (Oh no, the B-word!) out regular expenses (lights, gas, rent).  Anything that isn't allocated goes towards retirement savings (In the US, an IRA is an Individual Retirement Account), or towards a war-chest for big project (such as home ownership).  And each of us gets the same \"\"blow money\"\" allowance every week that we can do with as we please. Keep in mind, using this mentality allows the possibility of me staying home at some point in the future when my wife goes back to her dream job.  And there is no financial stress about \"\"whom owns what\"\", or \"\"who paid for what\"\".  We own it because we decided to pay for it.\""}
{"_id": "425405", "title": "", "text": "When i got my first mtg, I was required to put 20% down and provide all kinds of proof of my ability to pay the mtg ... years of w2, tax returns, bank statements etc.  Who changed these standards and why?"}
{"_id": "425419", "title": "", "text": "The simplest thing to do is still one of the oldest: Write a check.  If you don't have a checking account, you can still probably enter the payment in your bank's online bill pay - In this case they will send him a paper check. There's an irrational desire these days to avoid checks at all costs, which I don't understand.  There's a time and place for electronic transfers and there's no doubt they're often very useful.  This is probably not one of those cases, however, since neither you nor your friend are set up for it."}
{"_id": "425435", "title": "", "text": "It requires fairly large levels of capital, but what about seed funding/angel investments in startups? This would be before venture capital gets involved, so the amounts are relatively low (tens of thousands, vs. millions of USD), but as valuations this early in the game are also low, you can get a significant portion of equity in a startup that you feel is being run by good people and is in a promising market. Paul Graham of Y-Combinator has a number of articles about this from both sides of the table that you can take a look at and see if this is for you. It's definitely very high-risk, but if you can pick successful startups before their valuation shoots up, get some equity, help them succeed, and they eventually go public or get acquired, you can stand to bring in some big returns. Note that this isn't a hands-off investment. You'll need to build connections in the startup community, and it isn't uncommon for angel investors to become involved in the day-to-day operations of the businesses in which they invest."}
{"_id": "425444", "title": "", "text": "\"Yikes! Not always is this the case... For example, you purchased a new car with an interest rate of 5-6%or even higher... Why pay that much interest throughout the loan. Sometimes trading in the vehicle at a lower rate will get you a lower or sometimes the same payment even with an upgraded (newer/safer technology) design. The trade off? When going from New to New, the car may depreciate faster than what you would save from the interest savings on a new loan. Sometimes the tactics used to get you back to the dealership could be a little harsh, but if you do your research long before you inquire, you may come out on the winning end. Look at what you're paying in interest and consider it a \"\"re-finance\"\" of your car but taking advantage of the manufacturer's low apr special to off-set the costs.\""}
{"_id": "425452", "title": "", "text": "\"In theory, the idea is that diversified assets will perform differently in different circumstances, spreading your risk around. Whether that still functions in practice is a decent question, as the \"\"truth\"\" of most probability based arguments for diversification rely on the different assets being at least somewhat uncorrelated. This article suggests that might not be true. Specifically: The correlations we note among industry sectors are profoundly and dysfunctionally high. and  Gold and silver traders have gotten too used to the negative correlation trade with stocks. This is, in fact, an unusual relationship for precious metals tostocks. The correlation should actually be zero.\""}
{"_id": "425477", "title": "", "text": "In addition, take those who must support themselves through school. It's fucking hard to pay your own rent, utilities, food, gas, etc., while progressing through school at a normal rate. They have no qualifications or experience, yet they're trying their hardest to further themselves. Are we supposed to trap those who were born without economic advantage?  It's a complicated issue, but it's not up to us to judge those who work unskilled labor jobs. As a society, however, we need to find some solution to helping people raise themselves out of poverty and provide for themselves and their families.  In summation, there are people who don't want to just be handed a fish, and want to learn to fish. However, they don't have enough fish in the first place."}
{"_id": "425479", "title": "", "text": "\"As you're saving up for an expenditure instead of investing for the long run, I would stay away from any sort of \"\"parking facility\"\" where you run the risk of not having the principal protected. The riskier investments that would potentially generate a bigger return also carry a bigger downside, ie you might not be able to get the money back that you put in. I'd shop around for a CD or a MMA/regular savings account with a half-decent interest rate. And yes, I'm aware that the return you might get is probably still less than inflation.\""}
{"_id": "425487", "title": "", "text": "You can look into getting a business credit card. When I had my Chase business credit card, I could add authorized users to the main account and set a spending limit on each card."}
{"_id": "425512", "title": "", "text": "They don't need us as much any more. They even have an alternative to SWIFT ready if the West wants to be dumb and play war games with China.    **Exclusive: China's international payments system ready, could launch by end-2015 - sources**    http://www.reuters.com/article/us-china-yuan-payments-exclusive/exclusive-chinas-international-payments-system-ready-could-launch-by-end-2015-sources-idUSKBN0M50BV20150309    This move by the West will further cement the end of the US dollar (and US hegemony) as the world's reserve currency."}
{"_id": "425517", "title": "", "text": "We are a slicing part Indian wedding cinematography that makes a specialty of the undying art of storytelling.We pleasure ourselves as visible storytellers. The wedding movies we create with our couples tell a moving tale this is applicable, meaningful and unmistakably wedding ideas. We attempt for the precise aggregate of undying beauty and clean fashion. Wedding video filming is our profession and our ardor. We revel in becoming buddies with our couples and seeing they come again with their families after year. We love our work and care about getting each detail right."}
{"_id": "425523", "title": "", "text": "\"Yea, because firing the guy responsible for the most complained about part of the new iOS is \"\"not caring.\"\"   The blind Apple hate on Reddit is hilarious. They're a behemoth because they did things right from a profit perspective. Last time I checked, having a business is about being profitable. Droid/Google/Amazon fanboys think it's admirable to sell hardware at a loss, apparently.\""}
{"_id": "425527", "title": "", "text": "\"Related to this question: I came across a post at The Financial Planning Exchange* titled \"\"The Top 10 Ways To Tell If You're Working With A Really Good Financial Planner.\"\" Here are a few tips I particularly liked: (* site is no longer available) 4. Make sure the planner is going to   work with you on a Fiduciary basis.   This means that they are going to   recommend only what is in your best   interest. A planner who tries to sell   you a product is generally a red flag   that they aren't looking out for your   best interests.   [...] 8. Interview the prospective planner   that you are about to hire. Understand   how they think, what their speciality   is, and most importantly how they are   going to get paid for their services.   Be very very careful with a planner   who is going to provide you with a   free financial plan as that person   more often than not has a motivation   to sell you something.   [..] 10. Last but not least, go to a person   who works hand in hand with financial   planners like an accountant or estate   planning attorney for a referral.   Accountants and estate planning/tax   attorneys know the difference between   a good and bad planner. Chances are   they are a client of the person   they'll refer you to.\""}
{"_id": "425528", "title": "", "text": "I think the statute of limitations is 2 years so I suspect that she may not qualify, also BOA was not the last bank to hold her mortgage.  I doubt she'll receive anything. She's just glad the whole mess is behind her."}
{"_id": "425547", "title": "", "text": "What killed TiVo is the cable monopoly.  Their business is tied to a service that a competitor has control over.  I have a TiVo in my house.  Comcast charges me $8.00 to use it, plus $2.00 for the cablecard inside.   I had looked into a second unit, but Comcast told me this would be *another* $10/month.  On top of the monthly TiVo bill, of course.  Now I'm thinking of dropping both cable and TiVo."}
{"_id": "425558", "title": "", "text": "Traditional IRA contributions can be made if you  have compensation and the amount of the contribution is limited to the smaller of your compensation and $5500 ($6000 if age 50 or more). Note that compensation (which generally means earnings form working) is not just what appears on a W-2 form as salary or wages; it can be  earnings from self-employment too, as well as commissions, alimony etc (but not earnings from property, pensions and annuities, certain types of partnership income) You must also not have attained age 70.5 in the year for which the contribution is made.  Even if you don't have any compensation of your own, you can nonetheless make a Traditional IRA contribution if your spouse has compensation as long as you are filing a joint tax return with your spouse. For spouses filing a joint return, the  limits are still the same $5500/$6000 for each spouse, and the sum total of Traditional IRA contributions for both spouses also must not exceed the sum total of earned income of both spouses. The age limits etc are all still applicable. Note that none of this says anything about whether the contributions are deductible.  Everyone meeting the above requirements is eligible to make contributions to a Traditional IRA; whether the contributions can be deducted from current income depends on the income:  those with high enough incomes cannot deduct the contribution. This is different from Roth IRAs to which people with high incomes are not permitted to make a contribution at all. Finally, the source of the cash you contribute to the IRA can be the proceeds of the stock sale if you like; you are not required to prove that the cash received from compensation is what you sent to the IRA custodian. Read Publication 590 (available on the IRS website www.irs.gov) if you need an authoritative reference."}
{"_id": "425559", "title": "", "text": "\"It's a little unusual, but I don't think the financial terms are completely unreasonable on their face. What you describe is similar to an interest-only loan, where you make payments that only cover the interest due each month, and the entire principal is due as a single \"\"balloon payment\"\" on a specified date (in this case, the date on which the condo is sold).  Your monthly payment of $500 on a principal of $115K is equivalent to an annual interest rate of 5.22%, which at least is not completely usurious.  With a traditional mortgage you might pay a rate as low as 3%, if you had sufficient income and excellent credit - but I don't know, from what you've said, whether that's the case.  Did you make the current arrangement because you were unable to get a loan from a bank? The main difference here is that instead of the balloon payment being a fixed $115K, it's \"\"75% of the gross proceeds of the sale\"\".  If the condo eventually sells for $155K, that would be $116,250, so that's slightly advantageous to them (assuming that \"\"gross proceeds\"\" means \"\"before deducting commissions for either the buyers' or sellers' realtors or any other costs of the sale\"\"), and thus slightly disadvantageous to you.  If the condo appreciates in value, that's more of a win for them and more of a relative loss for you.  But it's also possible that the value of the condo goes down, in which case this arrangement is better for you than a fixed balloon payment.  So this deal does prevent you from getting a larger share of any gains in the value of the property, but it also helps insulate you from any losses.  That's important to keep in mind. There's also the issue of needing their consent to sell.  That's potentially problematic - usually in a joint ownership scheme, either owner has the right to demand to be bought out or to force a sale.  I guess it depends on whether you think your parents would be likely to consent under reasonable circumstances, or to insist on holding the property against your best interests. It's true that you aren't building equity with this arrangement, and if you thought you were, you are mistaken or misled.  But let's compare it with other options. If you would qualify for a traditional 30-year fixed mortgage at 3%, your monthly payment would be slightly lower ($484), and you would be building some equity because your payments would reduce the principal as well as paying the interest.  But a 30-year loan builds equity very slowly at first - after 7 years you'd have only about $20,000 in principal paid down. If we assume that 5.2% represents the interest rate you'd otherwise pay based on your creditworthiness, then your monthly payment would be $631.  So compared to that, you have an extra $130 per month that you can save or invest in whatever you want - you're not forced to invest it in your house. Note that in either case you'd still be paying the condo fees, property taxes, insurance, and maintenance yourself.  So we might as well eliminate those from consideration.   It might be a good idea to find out what other options you would have - perhaps try to get an interest rate quote on a traditional mortgage from a bank, based on your income and credit history.  Then you can decide what to do, taking into account: your financial situation; how much of a monthly payment could you afford? your relationship with your parents; are they likely to be reasonable about renegotiating?  Do they in general tend to respect your wishes?  Would it harm your relationship if you tried to get out of the deal, and how important is that to you? To what extent do you actually want to pay for equity in this property? Do you really believe it's a good investment, and have evidence to support that?   Your options include: Try to renegotiate the terms of the loan from your parents Try to \"\"refinance\"\" the loan, by getting a loan from a bank and paying off some agreed-upon amount of principal to your parents Try to force the sale of the condo and move to another house, financing it some other way Consult a lawyer as to whether your agreement with your parents is legally enforceable.  For instance, do they have a lien on the property?\""}
{"_id": "425561", "title": "", "text": "Agree with some of the posts above - Barchart is a good source for finding unusual options activity and also open interest -https://www.barchart.com/options/open-interest-change"}
{"_id": "425563", "title": "", "text": "Something something old people retiring something something ignore the 18-25 205+ unemployment rate something something THE ECONOMY IS RECOVERING BLAH BLAH BLAH  *Decreasing participation rates can also be the result of perfectly natural phenomena such as people leaving the labor force so they can go to college/graduate school, raise small children at home or retire. Furman said these phenomena, particularly the boomers\u2019 retirements, are responsible for participation rate\u2019s dip more than anything else.*  This article is trying to piss on me and tell me it's raining: first, it was snow/weather hindering the economy. Now, it's all going according to plan since old people are retiring. If this jackass Googled unemployment rates for 18-26 he'd realize how ignorant or stupid he was. Just waitin for that Student Loan bubble to pop to watch this so called recovery come crashing down."}
{"_id": "425576", "title": "", "text": "It wouldn't be a problem at all if all this gained productivity was distributed equally among our society, but this will just enrich shareholders and maybe franchise owners while the working class fights over even smaller scraps.  Automating away manual labor could be one of the greatest things to happen to our species, but in a purely capitalist economy it'll only cause suffering."}
{"_id": "425577", "title": "", "text": "What's the answer for the lightbulb question?   For the short a put on IBM question, obviously you could answer that you're bullish on the stock, but couldnt you further elaborate by asking for the maturity?  I guess you could also talk about option strategies such as covered puts.  What's a good answer to that question?"}
{"_id": "425586", "title": "", "text": "There is no typical return for an IRA. Understand that an IRA is not an investment type, it is just an account that gets special tax treatment by the Federal Government. The money in the IRA could be invested in almost anything including Gold, Stocks, Bonds, Cash, CDs, etc. So the question as phrased isn't exactly meaningful. It is kind of like asking what is the typical price of things if I use $10 bills. As for a 10.6% annualized return on your portfolio. That's not a bad return. At that rate you will double your investment (with compounding) every 7.2 years. Again, however, some context is needed. You can really only evaluate investment returns with your risk profile in mind. If you are invested in super safe investments like CDs, that is an absolutely incredible return. You compare it to several indexes, which is a good way to do it if you are investing in the types of investments tracked by those indexes."}
{"_id": "425595", "title": "", "text": "\"Depending on the details of your solar panel setup, the monthly savings may change depending on changes in the law or utility company policy.  This could change how long it will take for the solar panels to \"\"pay for themselves\"\".  So your bullet point about the \"\"payback period\"\"/\"\"break even point\"\" is not fixed at the moment you buy the solar panels; it depends on costs you will incur over many years, and those costs could turn out to be different from what you originally thought. At least in the US, home solar installations typically work by selling excess power back to the power company.  The power company can change the amount that it pays you for that power.  There is also typically a minimum charge for being connected to the grid, and the power company can raise that charge.  (This article mentions one such possible change.)  The power companies want to keep making money, and as more people start adding solar panels, the power companies may change their rate structure to make that less financially feasible. You can avoid many of these issues if your solar panels are not connected to the public electricity grid, and you, for instance, store power with your own battery.  However (at least in the US) this is very uncommon because it is more complex and expensive.\""}
{"_id": "425597", "title": "", "text": "\"And yet, the same law that these individuals and companies use to   lower their taxes applies for every citizen and company of the   country. Thus, in principle, every individual and company could make   use of these methods. Clearly, they do not. Why? Misconception number 1. How did you conclude they do not? Because NY Times didn't spend time doing an expose' on your plumber? The Panama Papers and the Paradise Papers contain the files from merely three companies that help in this large industry. This is a story about poor IT policies of three companies. A potential reason could be the price charged to set up and maintain these services. This is a significant deterrent.  The costs of forming offshore entities are perpetuated by the expensive lawyers, registered agents and incompetent government representatives in these tiny jurisdictions. (For what its worth, even most United States are pretty incompetent at these administrative processes. Really only a few financial centers and a few exceptions have it all streamlined.) These are scale problems primarily. The incompetence of different nation/state's public sectors will make you realize everything you take for granted. The main message emerging from Panama Papers, Paradise Papers, and the like, is that it is the rich, powerful and famous who make use of and benefit from tax havens. But not exclusively for tax purposes. Newspapers, and even the organization leaking this information, is driving clicks to a gullible and impressionable public. I've talked with ICIJ (who release and push the discussion on the Panama/Paradise Papers), they really do believe in their \"\"tax expose'\"\" angle, but lack any consideration of how business work. 'Tax Haven'. These are sovereign nations with due process with democratically elected legislatures who looked at their budget and realized they don't need to fund their government via passive taxes. Their governments offer a good and service that people want, and it provides enough revenues to their governments. Many of these jurisdictions have well evolved corporate laws for fast evolving business models.  For example, The Segregated Portfolio Company in the British Virgin Islands is more well defined and supported by clearer case law and is more useful entity than a Series LLC in the few United States that support it. There are at least a dozen reasons why someone would use a \"\"tax haven\"\", where only one of them is \"\"tax\"\".\""}
{"_id": "425624", "title": "", "text": "What is the best way to get into knowledge about the financial world? I have been reading some guides on investopedia, discussing the financial world with others, and looking at some tutorial videos. Are there any good books/websites that are for a newcomer to the financial world? Any help would be greatly appreciated"}
{"_id": "425641", "title": "", "text": "I would say the most important thing to consider is the quality of the company relative to the price you pay for it. No dividend also means that you will not pay taxes on dividends."}
{"_id": "425651", "title": "", "text": "All the above advices plus this: For you first house, you should start smaller. Buy a 100k or less condo if possible, then grow from there. You sell every 5 years or so when the market is favorable and you will slowly get to that nice 250k house."}
{"_id": "425672", "title": "", "text": "I use online banking and bill pay for all accounts where I can control when and how much is paid, where I push the funds out.  The bills from those companies that want to be allowed to reach into my account and pull money automatically (e.g. my Chase mortgage) I simply will not enroll - they get a paper check in the mail. There is no way I am giving these cocksucker criminals *permission* to take money out of my accounts."}
{"_id": "425680", "title": "", "text": "\"A brief review of the financial collapses in the last 30 years will show that the following events take place in a fairly typical cycle: Overuse of that innovation (resulting in inadequate supply to meet demand, in most cases) Inadequate capacity in regulatory oversight for the new volume of demand, resulting in significant unregulated activity, and non-observance of regulations to a greater extent than normal Confusion regarding shifting standards and regulations, leading to inadequate regulatory reviews and/or lenient sanctions for infractions, in turn resulting in a more aggressive industry \"\"Gaming\"\" of investment vehicles, markets and/or buyers to generate additional demand once the market is saturated \"\"Chickens coming home to roost\"\" - A breakdown in financial stability, operational accuracy, or legality of the actions of one or more significant players in the market, leading to one or more investigations A reduction in demand due to the tarnished reputation of the instrument and/or market players, leading to an anticipation of a glut of excess product in the market \"\"Cold feet\"\" - Existing customers seeking to dump assets, and refusing to buy additional product in the pipeline, resulting in a glut of excess product \"\"Wasteland\"\" - Illiquid markets of product at collapsed prices, cratering of associated portfolio values, retirees living below subsistence incomes Such investment bubbles are not limited to the last 30 years, of course; there was a bubble in silver prices (a 700% increase through one year, 1979) when the Hunt brothers attempted to corner the market, followed by a collapse on Silver Thursday in 1980.   The \"\"poster child\"\" of investment bubbles is the Tulip Mania that gripped the Netherlands in the early 1600's, in which a single tulip bulb was reported to command a price 16 times the annual salary of a skilled worker. The same cycle of events took place in each of these bubbles as well. Templeton's caution is intended to alert new (especially younger) players in the market that these patterns are doomed to repeat, and that market cycles cannot be prevented or eradicated; they are an intrinsic effect of the cycles of supply and demand that are not in synch, and in which one or both are being influenced by intermediaries. Such influences have beneficial effects on short-term profits for the players, but adverse effects on the long-term viability of the market's profitability for investors who are ill-equipped to shed the investments before the trouble starts.\""}
{"_id": "425696", "title": "", "text": "&gt;Many of you might think that\u2019s not a budget issue because individuals pay the premiums. But keep in mind, we are subsidizing, either partially or completely, 25 million people under the Affordable Care Act. And rising premiums for those people will indeed mean an increase in the deficit. Within a few years that could add $200 billion to the deficit\u00a0unless we figure out how to control healthcare costs.  https://www.forbes.com/sites/johnmauldin/2016/11/02/thanks-to-obamacare-government-debt-is-worse-than-you-think/  That was the initial thought, it's turning out to seriously not be the case... More people than the initial CBO prediction are being subsidized, and much more heavily...   It's no wonder that the insurance company's enjoy ACA, it's free money for them, they can raise rates, but their customers don't receive higher bills... Just the government pays more..."}
{"_id": "425703", "title": "", "text": "I tried to roll my funds to my new company. But my hr department from my old job would not work with me on getting it straightened out. So I decided to either pull it all out or roll it into a 401 k and use it as a trial for stocks and investments. Simce it isn't a large amount of money to begin with"}
{"_id": "425713", "title": "", "text": "Yes you did opt into it. When you applied and were approved for any loan or credit card the terms stated they would give your payment details to credit bureaus.   You didn\u2019t explicitly give an okay to Experian but by getting that credit card or loan, well, you pretty much did opt in."}
{"_id": "425723", "title": "", "text": "The liquidity of options is really not a problem, as the option price is determined by the underlying price, and even if there was very little liquidity in the option itself, market makers are required to make a market at the price determined by the underlying. As long as the underlying has enough liquidity your slippage in trading the options should not be too much of a problem. You can read this ETO Market Making Scheme document for more details."}
{"_id": "425726", "title": "", "text": "\"Three companies may have copies of it: the bank, the Title Company (aka settlement company), and perhaps the real estate agent. The bank (assuming you had a mortgage) is usually the easiest one to contact, as you're probably still making payments to them. They may have sent you the form in a large packet when you sold the house and paid off the old mortgage. There is a tradition of sending customers their entire mortgage file once they pay off the mortgage after 30 years - which is very rare nowadays but many banks still adhere to it because the mortgage business is built on momentum and very slow to change. Otherwise, the title company should have a copy of it. If you don't know which company was used, they should be named as Trustee on the Deed Of Trust (which in most states is the official name of the document that we call a \"\"mortgage\"\"). The county recorder's office will have a copy of that Deed Of Trust on record if you can't find it anywhere. Some counties have digitized these so you could find it online, but some would require you to request a copy and pay a small printing fee for it.\""}
{"_id": "425738", "title": "", "text": "\"We use mint for just that. We have a \"\"shared\"\" account. We each have the mobile app and share the same pin for the application (not our phones -- you can set a pin in the settings on the application). Thus we each share a login to the site, where we have setup all of our accounts. In the \"\"Your Profile\"\" link at the top of the page, you may select the Email & Alerts option. From here you may add a second e-mail account. This way if you go over a budget or have a bill upcoming each of you will get a notification. We have setup budgeting through the web site, and either of us can modify the budget via logging in.\""}
{"_id": "425748", "title": "", "text": "\"You really don't get the point? You see no issues here?  So let me tell you that I am an IT executive with a bachelor and master's in computer science. Many people work for me.  **If was hired by the NY Philharmonic Orchestra to be their Chief Music Composer, there's no way in the world that I could do any beneficial work for them in that role!** Do you agree with that? Do you think there's a chance I will be able to compose music just based on my choice for degrees?  If she chose as her main interest in life, for a bachelor and master's degree, to study Music Composition, there's no way she is suitable or beneficial for a role of Chief Security Officer. No way! This is not a \"\"general manager\"\" title. This is a very specialized technical area.  She could be, with her music degree, a Manager of corporate affair, of Manager of customer service, or Manager of sales. That's jsut fine.  But she can't be Chief Security officer, or head of Cardiology in a hospital, of even Chief Financial Officer (CFO).   In your case, you have a bachelor degree in music and work in IT, but let me guess: you are not a Chief or even a top Manager. Actually, if you work for the company that hired after you got you music degree, you are probably doing some technical work that can be easily explained and understood. Am I right?\""}
{"_id": "425771", "title": "", "text": "\"Jesus this reads like fanboi crap. Because the seats fold down and HVAC can kepe temps constant a Tesla is now a \"\"glamper\"\" and we should give them credit for \"\"owning\"\" part of that market.  Good god no wonder Harvard couldn't even manage it's own endowment.\""}
{"_id": "425791", "title": "", "text": "But that's not what this case was about. He was convicted of securities fraud. Not hiking up the drug prices. This would certainly effect the economy if he was prosecuted for what you described, but what he was convicted for only shows that if you break current law your found guilty. Not exactly surprising."}
{"_id": "425793", "title": "", "text": "What you choose to invest in depends largely on your own goals and time horizon.  You state that your time horizon is a few decades. Most studies have shown that the equity market as a whole has outperformed most other asset types (except perhaps property in some cases) over the long term.  The reason that time horizon is important is that equities are quite volatile. Who knows whether your value will halve in the next year? But we hope that over the longer term, things come out in the wash, and tomorrow's market crash will recover, etc.  However, you must realize that if your goals change, and you suddenly need your money after 2 years, it might be worth less in two years than you expect."}
{"_id": "425794", "title": "", "text": "\"My sister, who is in her mid twenties and not the most financially responsible kept telling me that the bank was doing \"\"weird shit\"\".   I looked at her statements and noticed something else wells fargo does. She has a checking account that has a ten or fifteen dollar monthly fee.  If her account ever got near that number or in the negative that is when that fee would be charged. So basically instead of charging that fee at the same time every month they would wait till that charge would cause an overdraft which would spark a $35 dollar fee.    Yes I also proved that they are still reordering. I told her to save all her receipts for one month. Her account was at $50. She made a five dollar food purchase, and several other small purchases and then had to pay a small bill that took her over. Via the receipts it was easy to see that all the other small purchases were done two to three days ahead of the one that actually over drafted her. Which cost her almost $200 in overdraft fees.  She is actually not that bad with money, she works 40 hours a week but she just does not make enough to live on and this kind of practice puts her in a hole over and over again.\""}
{"_id": "425795", "title": "", "text": "\"I largely agree with you; but there's *no way* to make a true apples-to-apples comparison, because we've never had a \"\"flat\"\" across-the-board tax rate, and we never will.  And obviously, in the degenerate cases of taxes at 0% and 100%, revenue drop to zero.  Given that, the closest we can come to evaluating the potential effects of Trump's proposal is to look at what happens when major shifts in tax policy have occurred in the past; and since 1943 (when something approaching our modern tax structure first solidified)... The short answer to that is, \"\"nothing at all happens\"\".  The *explanation* for that is a more interesting issue (though it boils down to \"\"if you tax X, people will Y instead\"\"), but the implications for fiscal policy are both fascinating and terrifying:  Effectively, if the government spends more than 15-16% of GDP, *regardless* of how they structure taxes, they're spending against the deficit.\""}
{"_id": "425804", "title": "", "text": "I'm not confident that the requirements for 2017 are up yet, but assuming they don't change much from those of 2016, then probably not if you have no other earnings this year.  If you make $500 a month, then you will make $6,000 this year. This is below the filing requirements for most taxpayers, unless you are married but filing separately. At the end of 2017 you should tally up your earnings (including earnings from other sources) find which category you find yourself in on the table, and make a final determination of whether you'll need to file."}
{"_id": "425817", "title": "", "text": "\"Well a definitive answer would require a lot of information.  Instead of posting that kind of info online, you should take a look at the instructions for Form 2210 and in particular \"\"Schedule AI -- Annualized Income Installment Method,\"\" which corrects the penalty for highly variable income.   Using this form you will likely be able to avoid the penalty, but it is hard to know for sure.\""}
{"_id": "425839", "title": "", "text": "In the case of a warehouse, you'd think they would want air conditioning anyway to keep the products at a reasonable temperature.  But certainly there's no reason you can't keep it cool enough in a warehouse for people to work safely.  It doesn't have to be a perfect 72 degrees, but a heat index over 100 is obviously wrong if it can be avoided.  If restaurants can do the same for their kitchens, they certainly should.  There's no reason human beings should have to work in such conditions unless it's absolutely necessary."}
{"_id": "425846", "title": "", "text": "All actual data points mentioned in the article are linked to more sustainable food production, there's little to support actual health improvements except one speculative paragraph.  Having said that, if both plant based and meat based are equally good for our health, the plant based diet is far more sustainable and therefore better for the environment."}
{"_id": "425888", "title": "", "text": "How you should record the mortgage payments depends on if you are trying to achieve correct accounting, according to the standards, or if you are just tracking everything for you and your friends. If you're just keeping track for personal reasons, I'd suggest that you set up your check (or journal entry, your preference) how you'd like it to be recorded.  Then, memorize that transaction.  This allows you to use it as many times as you need to, without having to set it up each time.  (Also note: there is no way to record a transaction that decreases cash and increases equity.) If you're trying to keep track of everything according to accounting standards, which it should be if you've set up an official business, then you have a lot more tracking to do with each payment.  Mortgage payments technically do not affect the equity accounts of the owners.  Each mortgage payment should decrease the bank balance, increase interest expense and decrease the mortgage balance, not to mention tracking any escrow account you may have.  The equity accounts would be affected if the owners are contributing funds to the bank account, but equity would increase at the time the funds are deposited, not when the mortgage payments are made. Hope this helps!"}
{"_id": "425902", "title": "", "text": "Whenever you celebrate your anniversary party in Escape Room, then you can come here and get best food service. The West Palm Beach Escape Rooms are designed for your  comfortable and convenience in mind, we are providing a good place. We deliver an amazing interactive anniversary parties west palm beach experience designed to challenge. We have various types of rooms for every client, choose the right space that's right for you. We provide you very best  in total immersive entertainment."}
{"_id": "425937", "title": "", "text": "When considering whether to pay off the student loan, note that, because you work for a non-profit, some or all of that debt may be forgiven after 10 years under the Public Service Loan Forgiveness Program. I would also like to be slightly contrarian on the main question. I like having lots of savings and little debt as much as the next person. But, unless you have been planning your life with the expectation that you would receive this bequest, it is a windfall. If you weren't already doing an excellent job of saving for emergencies and retirement, or had a lot of consumer debt, I'd say you should use the money to stabilize your finances before doing anything else. But your finances do seem stable. So take some of the windfall and do something nice with it. Travel to the ancestral home of your late grandmother. Endow a small scholarship in her memory. Buy some small luxury that you could never manage on your own salary. I'm not suggesting you spend it all, but using 20% of it on something otherwise out of reach will give you good memories while still leaving you materially better off.  Saving for the future is important. Paying off debt is important. Enjoying life when you can is also important. Balance is everything."}
{"_id": "425947", "title": "", "text": "i dont think taco bell clientele are coming for the vibes and environment. In fact, taking away the drive thru is probably ruining the main reason their target market comes: cheap, quick, food available at all hours, no matter how fucked up you are"}
{"_id": "425963", "title": "", "text": "Not exactly. Tax reasons. Can't repatriate the money without paying full boat corporate tax rate. The Donald was supposed to offer a tax holiday on that at some point.  The problem with using debt is that many companies forget that they have to roll it over at some point or pay it off. And, in a rising interest rate environment, it can be a problem."}
{"_id": "425968", "title": "", "text": "Wow. Must have been too close to the truth? Lawl. Sorry to tell you, it isn't globalism. It is your low cognitive ability that's the root cause for your crappy situation in life.  You say this. &gt;They are not both collectively called America.   And change topic back to. Once I prove that American refers to both continents.  &gt;... Yeah, the United States of America are colloquially known as America.  Pathetic  &gt;Venezuela is 18th on that list. It is still below India. Quote: Except, I've never brought up Venezuela.   We were discussing Argentina. Lol. you are thick even for trumpet standards.  Also, if their tariff burden is high and economy is shit, then it only proves my point.   &gt;there's protectionist countries that are doing just fine  &gt;Russia, America, Canada, China.   **also, still no proof that those countries protectionist.** As for Russia, Still LAWL. you think their economy is good. What a trumptard  tariff low as 1-3% and thick trumpers calling them protectionism.  LOLOL. No wonder you keep changing topic and desperately want to talk about anything but.  Your cognitive dissonance is too deep that you cant even face main topics. Keep Running!!!"}
{"_id": "425994", "title": "", "text": "Eventually you are going to need some sort of real credit history.  It is possible that you will be able to evade this if you never buy a house, or if you pay cash for any house/condo/car/boat/etc that you buy.  Even employers check credit history these days.  I wouldn't be surprised if some medical professionals such as surgeons check it also.  Obviously if you have a mortgage and car loan this doesn't apply, but I'd be curious how you acquired those unless you have substantial income and/or assets. Combine this with the fact that certain things like renting a car essentially require a credit card (because they need to put a hold on more money than they are actually going to take out of your card, so they can take that money if you don't bring the car back), and I think you should have a credit card unless you and your wife are individuals with zero impulse control, which sounds highly improbable. If your concern is the financial liability of the credit line, just keep the credit line low."}
{"_id": "425995", "title": "", "text": "Pensions should be held in an arms length trust independent trust and the company should have no access to it. All workers should be paid before executives or creditors see dime one. This is why unions need to get their shit together and break these laws for the rich, by the rich. When one of these execs walks away with millions of worker's earnings in their pockets, protest at their house, protest at the next company he works at so companies will avoid hiring them. If you let them steal your lunch money without a black eye you'll starve."}
{"_id": "426006", "title": "", "text": "Struggling startup right here. Software / web based, solid 4 years in. Past the ramen noodle phase now and this year was able to comfortably buy iphones for the kids. (first time ever actually splurging like that, felt great.) 9 years ago I was basically homeless. 11 years ago I slept on a concrete slab. Shit gets better man, keep at it, you will be ok."}
{"_id": "426021", "title": "", "text": "\"Open up a demo account it lets you get your hands dirty with out spending real cash r/stocks r/investing. Read books like rich dad poor dad. And watch YouTube videos on reading stock charts. I've had a demo account for a year just yesterday I hit 11k \"\"profit\"\" in one day.\""}
{"_id": "426026", "title": "", "text": "HEALTH BOARD- In The News - Springhill Group Counselling  http://inthenews.springhillgroupcounselling.com/2011/11/29/health-board/ | This url was saved by 2 users  HEALTH BOARD\u2013 In The News - Springhill Group Counselling  SYLVIA THOMPSON German psychotherapist Bert Hellinger has developed an approach to dealing with relationship problems, financial distress, addictions and career troubles that is based on the idea that self-limiting beliefs can be inherited from previous generations. Julie Williams will lead a worksh springhill group counselling, springhill, group, counselling More Tags by omarvelo | Dec 02, 2011 at 08:57  HEALTH BOARD- In The News - Springhill Group Counselling  SYLVIA THOMPSON German psychotherapist Bert Hellinger has developed an approach to dealing with relationship problems, financial distress, addictions and career troubles that is based on the idea that self-limiting beliefs can be inherited from previous generations. Julie Williams will lead a worksh springhill group counselling, springhill, group, counselling More Tags by springhillgroup | Dec 01, 2011 at 17:42"}
{"_id": "426049", "title": "", "text": "I'm sorry, lowest point in 40 years was 2 years ago. My bad. I think the point still applies. Also the numbers are skewed because in the 50's many people believed that the mother not having to go to work was a sign of success."}
{"_id": "426056", "title": "", "text": "I think it is very important to look at this quarter in terms of chief executive turnover from Immelt to Flannery. This is still Immelt's GE and it is in Flannery's interest to completely shit the bed, so that he can show huge immediate improvement as he takes ownership over P&amp;L.  It will help him build credibility both with his employees but also Wall St.  Rather than fight to shift earnings into the present, it is just as easy to push earnings forward. He also gets the benefit of having lower expectations."}
{"_id": "426076", "title": "", "text": "\"Let me do the math. .6% * (not large) = really tiny. Since \"\"not large\"\" = \"\"small\"\" , etc.  I suggest that even a small chance that you need to explain this to anyone in the future is a sign to avoid the risk. Yes, there are times that it's illegal. A real estate office may not deposit escrow funds into anything but a segregated escrow account.  In your case, even if legal, it messes up 'the books' and can cost you more in grief than the 'tiny amount' saves you in cash.\""}
{"_id": "426120", "title": "", "text": "One reason to not do that is if you consider that one of the loans is at risk of being called in early.   e.g. You have a line of credit which is close to its limit, and the bank decides to reduce that limit, forcing you to quickly come up with the money to pay it down below the new limit, which can really throw a wrench into your plans."}
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{"_id": "426157", "title": "", "text": "\"The time horizon for your IRA is years or decades, therefore there is little evidence that there is a benefit to waiting for the \"\"perfect time\"\" to invest.  Unless you plan on making only one or 2 years of investments now and then waiting till retirement; the other deposits you will make over the decades will have a greater influence on returns.  If you are going to search for the perfect time to invest in your index fund, pick a deadline. \"\"I will take the first sign better than X but will not wait beyond Y\"\".\""}
{"_id": "426184", "title": "", "text": "Instagram is an online application in which you can share status, images and videos, Instagram can be used for two types for personal use and business marketing. There are various companies who are using this social media platform for their marketing of products and services, because it is one of the affordable social marketing tricks and you can reach to the millions of customers through Instagram marketing agency. For products and services marketing services you can choose one of the best company which is seo-daddy and it is a Dubai, based company."}
{"_id": "426189", "title": "", "text": "Yes you can rollover as many different 401ks into a single IRA account.  I have done it personally and it really cuts down on the overhead of keeping up with lots of different accounts.  Your brokerage or mutual fund company should be able to help you with it.  If you are using a company that just gives you forms and those forms don't mention an easy way to combine.  Then I suggest rolling over one 401k first then once that's finished you can rollover the other 401k into that same account."}
{"_id": "426211", "title": "", "text": "If you need / want the car, I would get the car.  Without car payments you can save your money again to get the house.  Moreover, I wouldn't want to be saddled with payments to the mortgage and car loan at the same time. Lastly, a car is a more temporary possession (10 years) vs a house (30+) years so shopping around for the house longer while you save money is a good thing.  I know you want to buy while prices are low, but I personally think it is more important to get a house that you want to live in later than settle for a cheap one you get a deal on now."}
{"_id": "426215", "title": "", "text": "\"Understand your own risk tolerance and discipline. From Moneychimp we can see different market results -  This is a 15 year span, containing what was arguably one of the most awful decades going. A full 10 year period with a negative return. Yet, the 15 year return was a 6.65% CAGR. You'd net 5.65% after long term cap gains. Your mortgage is likely costing ~4% or 3% after tax (This is not applicable to my Canadian friends, I understand you don't deduct interest). In my not so humble opinion, I'd pay off the highest rate debts first (unlike The David followers who are happy to pay off tens of thousands of dollars in 0% interest debt before the large 18% debt) and invest at the highest rate I'd get long term. The problem is knowing when to flip from one to the other.  Here's food for thought - The David insists on his use of the 12% long term market return. The last 100 years have had an average 11.96% return, but you can't spend average, the CAGR, the real compound rate was 10.06%. Why would he recommend paying off a sub 3% loan while using 12% for his long term planning (All my David remarks are not applicable to Canadian members, you all probably know better than to listen to US entertainers)?  I am retired, and put my money where my mouth is. The $200K I still owe on my mortgage is offset by over $400K in my 401(k). The money went in at 25%/28% pretax, has grown over these past 20 years, and comes out at 15% to pay my mortgage each month. No regrets. Anyone starting out now, and taking a 30 year mortgage, but putting the delta to a 15 year mortgage payment into their 401(k) is nearly certain to have far more in the retirement account 15 years hence than their remaining balance on the loan, even after taxes are considered. Even more if this money helps them to get the full matching, which too many miss.  All that said, keep in mind, the market is likely to see a correction or two in the next 15 years, one of which may be painful. If that would keep you up at night, don't listen to me. If a fixed return of 4% seems more appealing than a 10% return with a 15% standard deviation, pay the mortgage first.  Last - if you have a paid off house but no job, the town still wants its property tax, and the utilities still need to be paid. If you lose your job with $400K in your 401(k)/IRA but have a $200K mortgage, you have a lot of time to find a new job or sell the house with little pressure from the debt collectors.  (To answer the question in advance - \"\"Joe, at what mortgage rate do you pay it off first?\"\" Good question. I'd deposit to my 401(k) to grab matching deposits first, and then if the mortgage was anywhere north of 6%, prioritize that. This would keep my chances at near 100% of coming out ahead.)\""}
{"_id": "426216", "title": "", "text": "Most Banks allow to make an international transfer. As the amounts is very small, there is no paperwork required. Have your dad walk into any Bank and request for a transfer. He should be knowing your Bank's SWIFT BIC, Name and Address and account number. Edit: Under the liberalised remittance scheme, any individual can transfer upto 1 million USD or eq. A CA certificate is required. Please get in touch with your bank in India for exact steps"}
{"_id": "426223", "title": "", "text": "Why doesn't it seem right to you? The lender financed the house and has the first right claim (mortgage) on it, so if you have any insurance proceeds they're first offsetting your debt to the lender. Same as if you were selling the house - first the loan is paid off, whatever is left goes to you. If the property is not lost, then the proceeds are going to you and you keep paying the mortgage. So if a pipe burst and you need to replace the flooring, the insurance will cover it, and you'll get the proceeds. If the building is lost and you're paid the fair market/rebuild value, then you first need to pay off the mortgage. Its standard."}
{"_id": "426227", "title": "", "text": "It's pretty simple. The 10% is any savings for retirement.  Preferably, it's in a retirement account, but that's not mandatory. It's great that you save for a vacation, computer, house deposit,etc, but that's not what these articles are referencing.  Edit (in response to the running comments on @BrenBarn's answer) The mortgage issue is worth further discussion. I'm saving toward a home purchase, it may be $50K saved. But that's not money for retirement, the house savings never is. I get the $200K mortgage, my balance sheet is net neutral (less fees, closing costs, of course) but my retirement savings again is unchanged. I put $10K toward principal, the balance sheet again is $10K better, but retirement account, unchanged. Last, I pay off the mortgage. Retirement account unchanged. But, my retirement budget requirement is $1000/mo less (The mortgage payment), and my 'number' drops by $300K or so. (This is based on the 4% rule. To withdraw $1000/mo requires $300K in retirement assets.) It may seem pedantic, but there's an important distinction to be made here. It's easy to distinguish retirement savings from all other wise financial transactions. Paying debt off is wise but not retirement savings. Any actions that reduce your ongoing expenses? Clearly, wise. And it reduces the number needed to cover your retirement budget, but it's distinct from 'retirement savings.' For those that enjoy the intellectual exercise of insisting there's always a grey area, I'll give it to you. The family with 3 kids, in the $1.2M 5 bedroom house. The parents know they will move into their paid off summer house upon retiring, and sell this family house. In his wisdom, hubby has planned for the mortgage to be paid in full well ahead of retirement, and for purposes of planning, only view the house as worth $900K. The house does have a relationship to the retirement savings. But the action of planning for Alice's retirement (the maid they will no longer need once they move) is not savings, but rather, an adjustment down in their retirement budget.  I think you'll find most conflicts regarding this issue resolved by understanding this distinction."}
{"_id": "426232", "title": "", "text": "I can give you some insight. You probably read some where that ceo thinks jpmchase as a tech company. Trust me he doesn't he was against cloud computing and is now against blockcain.  They are in business to make money simple as that, company's background is important just read glass door interview questions for your LOB"}
{"_id": "426242", "title": "", "text": "In the long run the drivers are getting pulled from the equation.  I don't care how much regulatory pressure the self driving car industry faces, they'll have it figured out in 5 years. You are talking about an interest group that includes Google, Tesla, Uber, Lyft, Ford, GM and probably Apple. They are all spending billions on the technology and want a return on that investment."}
{"_id": "426244", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Publishers might have to start paying Facebook if they want anyone to see their stories](https://np.reddit.com/r/talkbusiness/comments/78ahkw/publishers_might_have_to_start_paying_facebook_if/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "426248", "title": "", "text": "The NYSE publishes a list of holidays at its website.  New link: https://www.nyse.com/markets/hours-calendars Old link in the original answer that doesn't work now: http://www.nyse.com/about/newsevents/1176373643795.html Hope that helps!"}
{"_id": "426258", "title": "", "text": "Over the top consumerism is excessive- that's why I shop at *Whole Foods*, the lab-created result of three decades of false advertising and marketing trend studying that attempts to fleece people out of their money by inventing fake positive qualities for their food that have no real benefit, but justify us charging $3/lb more for it. I'm not a dumb *consumer* like all those *other* people- how could things that say FRESH on them be targeted towards consumers?"}
{"_id": "426268", "title": "", "text": "First consider the basic case of what you are asking: you expect to have a future obligation to pay interest, and you are concerned that the rate when you pay it, will be higher than the rate today. In the simplest case, you could theoretically hedge that risk by buying an asset which pays the market interest rate. As the interest rate rises, increasing your costs, your return on this asset would also increase. This would minimize your exposure to interest rate fluctuations. There are of course two problems with this simplified solution:  (1) The reason you expect to pay interest, is because you need/want to take on debt to purchase your house. To fully offset this risk by putting all your money in an asset which bears the market interest rate, would effectively be the same as just buying your house in cash. (2) The timing of the future outflow is a bit unique: you will be locking in a rate, in 5 years, which will determine the payments for the 5 years after that. So unless you own this interest-paying asset for that whole future duration, you won't immediately benefit. You also won't need / want to buy that asset today, because the rates from today to 2022 are largely irrelevant to you - you want something that directly goes against the prevailing mortgage interest rate in 2022 precisely. So in your specific case, you could in theory consider the following solution: You could short a coupon bond, likely one with a 10 year maturity date from today. As interest rates rise, the value of the coupon bond [for it's remaining life of 5 years], which has an implied interest rate set today, will drop. Because you will have shorted an asset dropping in value, you will have a gain. You could then close your short position when you buy your house in 5 years. In theory, your gain at that moment in time, would equal the present value of the rate differential between today's low mortgage rates and tomorrow's high interest rates. There are different ways mechanically to achieve what I mention above (such as buying forward derivative contracts based on interest rates, etc.), but all methods will have a few important caveats: (1) These will not be perfect hedges against your mortgage rates, unless the product directly relates to mortgage rates. General interest rates will only be a proxy for mortgage rates. (2) There is additional risk in taking this type of position. Taking a short position / trading on a margin requires you to make ongoing payments to the broker in the event that your position loses money. Theoretically those losses would be offset by inherent gains in the future, if mortgage rates stay low / go lower, but that offset isn't in your plan for 5 years. (3) 5 years may be too long of a timeline for you to accurately time the maturity of your 'hedge' position. If you end up moving in 7 years, then changes in rates between 2022-2024 might mean you lose on both your 'hedge' position and your mortgage rates. (4) Taking on a position like this will tie up your capital - either because you are directly buying an asset you believe will offset growing interest rates, or because you are taking on a margin account for a short position (preventing you from using a margin account for other investments, to the extent you 'max out' your margin limit). I doubt any of these solutions will be desirable to an individual looking to mitigate interest rate risk, because of the additional risks it creates, but it may help you see this idea in another light."}
{"_id": "426269", "title": "", "text": "\"You are not wrong - just about anything can be charged and paid off in 30 days with a sale of non-liquid investments.  So there are not any emergencies I can think of that require completely liquid funds (cash). For me, the risks are more behavioral than financial: I'm not saying it's a ridiculous, stupid idea, and these are all \"\"what-if\"\"s that can be countered with discipline and wise decisions, but having an emergency fund in cash certainly makes all of this simpler and reduces risk. If you have investments that you would have no hesitation liquidating to cover an emergency, then you can make it work.  For most people, the choice is either paying cash, or charging it without having investment funds to pay it off, and they're back in the cycle of paying minimum payments for months and drowning in debt.\""}
{"_id": "426270", "title": "", "text": "\"Gold has no \"\"intrinsic\"\" value. None whatsoever.  This is because \"\"value\"\" is a subjective term. \"\"Intrinsic value\"\" makes just as much sense as a \"\"cat dog\"\" animal. \"\"Dog\"\" and \"\"cat\"\" are referring to two mutually exclusive animals, therefore a \"\"cat dog\"\" is a nonsensical term. Intrinsic Value:  \"\"The actual value of a company or an asset based on an underlying perception of its true value ...\"\"  Intrinsic value is perceived, which means it is worth whatever you, or a group of people, think it is. Intrinsic value has nothing, I repeat, absolutely nothing, to do with anything that exists in reality.  The most obvious example of this is the purchase of a copy-right. You are assigning an intrinsic value to a copy-right by purchasing it. However, when you purchase a copy-right you are not buying ink on a page, you are purchasing an idea. Someone's imaginings that, for all intensive purposes, doesn't even exist in reality! By definition, things that do not exist do not have \"\"intrinsic\"\" properties - because things that don't exist, don't have any natural properties at all. \"\"Intrinsic\"\" according to Websters Dictionary:  \"\"Belonging to the essential nature or constitution of a thing ... (the intrinsic brightness of a star).\"\"  An intrinsic property of an object is something we know that exists because it is a natural property of that object. Suns emit light, we know this because we can measure the light coming from it. It is not subjective. \"\"Intrinsic Value\"\" is the OPPOSITE of \"\"Intrinsic\"\"\""}
{"_id": "426278", "title": "", "text": "\"As an easy and rough rule of thumb, a job for $55,000 per year is $55 per hour as a contractor. That's roughly twice the hourly rate.  In return, the company gets the rate to vary your hours or cease your employment with less financial, legal or managerial overhead than a full time employee.  You have less stability, less benefits, perhaps need to put some time into finding another job sooner. Of course the ultimate, though less helpful, answer is \"\"whatever the market will bear.\"\"\""}
{"_id": "426321", "title": "", "text": "Unfortunately I didn't go to any top uni haha so that's out of the window. I don't really have any relevant work experience, and it's a little too late for summer internships now, hence why I'm kinda relying on qualifications haha. However I am doing a course which I hope will help me out this summer."}
{"_id": "426324", "title": "", "text": "\"Assuming that you accept the premise that technical analysis is legitimate and useful, it makes sense that it might not work for a small market, or at the very least that it wouldn't be the same for a small market as it is for a large market.  The reason for this is that a large stock market like the U.S. stock market is as close to a perfect market as you will find: Compare this to a small market in a small country. Market information is harder to get, because there are not as many media outlets covering the news. There aren't as many participants. And possibly it might be more expensive to participate in, and there might be more regulatory intervention than with the large market.  All of these things can affect the prices. The closer you get to a perfect market, the closer you get to a point where the prices of the stocks reflect the \"\"true value\"\" of the companies, without external forces affecting prices.\""}
{"_id": "426343", "title": "", "text": "Another way to look at this is if we separate the owner's account from the business's account.  At the start of the year, the owner puts $9 into the business account to get the business started. At the end of the first day, the business account has $10, and at the end of the second day, the business account has $11.  The owner doesn't need to add any more of his own money into the business account. At the end of the 365th day, the business will have $374, which is $365 profit + $9 investment.  Assuming the business has no other expenses, the business will calculate profit for the year like this: The author is making a strange point. The two numbers he is talking about are two different quantities. The business owner's return on investment is $365 / $9 = 4056%.  But the business's profit margin is $365 / $3650 = 10%.  Both are useful numbers when running the business. I disagree with the author's insinuation that a business is doing something tricky when calculating profit margin. Remember that, in addition to the business owner's monetary investment, he worked every day for a year to earn that $365."}
{"_id": "426377", "title": "", "text": "Our agency is accredited as a Google Partner thanks to the good results we provide in our Google AdWords, Display and Search, Mobile Advertising, YouTube and in general all advertising platforms from Google and other search engines like Bing or Yahoo. We are Experts in Web Positioning or seo strategy in Oklahoma for SMEs in Google (Local Professional SEO). We get your company stand out from your competition in Google search results. We design and manage the most profitable advertising campaigns for your business."}
{"_id": "426404", "title": "", "text": "Beautify your house with exclusive interior design in Gurgaon. We have extensive experience in designing residential and commercial locations with unique ideas that startle everyone. From a small office to a big shop, from a studio apartment to a villa, we have exclusive designs for each location."}
{"_id": "426411", "title": "", "text": "Are you planning to have a dream home of your own? Don\u2019t compromise with the style and latest trends in home interiors and planning. Architects and interior designers in Delhi can suggest you numerous ideas for construction as well as interior decoration of your house."}
{"_id": "426452", "title": "", "text": "These stone panels with surplus benefits and attributes are ideal for interior as well as exterior applications. These come with great flooring ideas and wall decoration designs, giving a fabulous look to modern homes and offices. Some types of natural stones create wonderful additional visual effects, when used as table top or mosaic artwork. These add to the glow and can dramatically transform any room, on a low budget."}
{"_id": "426461", "title": "", "text": "\"Between \"\"fresh out of college\"\" and \"\"I have no debts, and a support system in place which because of which I can take higher risks.\"\" I would put every penny I could afford in the riskiest investment platform I was willing to.  Holding onto money in a bank account is likely to cost you %1-%2 a year depending on what interest rates are and what inflation looks like. Money invested in a market could loose it all for you or you could become an overnight millionaire. Loosing it all would suck but you are young you will bounce back. Losing it slowly to inflation is just silly when you are young.  If there is something you know you have to do in the next few years start to save for it but otherwise use the fact that you are young and have a safety net to try to make money.\""}
{"_id": "426462", "title": "", "text": "\"&gt;It's sad...when I hear young workers talk about their job application strategies, more often than not they involve figuring out how to \"\"fool\"\" the HR bots.  LOL.  It took me a second with your \"\"HR bots\"\" to realize you were talking about the software and not the HR personnel.  Because I have always (even 30 years back) viewed HR as basically operating on a lot of faulty fundamental assumptions -- the BEST way to get hired (even back then, BEFORE the \"\"software application screening process\"\") was to do an \"\"end run around HR\"\".  Part of the reason is that HR (or previously the \"\"Personnel Dept\"\") was really designed from the get-go only to fill the generic \"\"factory worker\"\" positions -- jobs that had minimal base-level skill requirements (i.e. the checkbox type stuff where any relatively intelligent person should be able to determine with a pretty high accuracy whether the candidates could do the job) -- in other words the open positions that were effectively \"\"commodities\"\", and where the turnover was high and/or the number of people employed fairly large.  *But then...* a combination of HR wanting to be more \"\"professional\"\" combined with the advent of the \"\"generic MBA manager\"\" (who believes he/she can manage \"\"anything\"\" without specific domain knowledge or experience) created an opening for HR to take over the hiring of virtually ALL positions.  So what we ended up with was the generic MBA manager (lacking domain knowledge/experience) shifting the responsibility (or at least most of it) for candidate filtering &amp; hiring off to generic HR people/processes (who pretty much by definition, lack domain knowledge/experience) -- and who then attempted to \"\"systematize\"\" the whole thing.    Add in stuff like equal opportunity \"\"anti-discrimination\"\" laws (and lawsuits) to drive the \"\"generic-ization\"\" of the whole process... and you have the perfect pre-conditions for the storm that is the current fiasco.  So we end up with generic (and lets face it, often ignorant) managers taking \"\"job requirements\"\" and coming up with checklist style \"\"help wanted ads\"\" (CS Degree, 5-10 years of Ruby on Rails work experience, etc)-- HR departments that are clueless about the validity/availability of those requirements pretty much just keying the crap into the ads &amp; application filtering software in a rote fashion -- and like a badly constructed Google search, it shouldn't be surprising that they come up with minimal \"\"results\"\".  Of course within the \"\"discarded\"\" applicants are probably several potentially *excellent* hires -- but they will simply never be found.  ---  So... SMART people will (still? again?) do their best -- not to \"\"game\"\" the bots -- but to do an \"\"end run around\"\" the whole thing.  And that means using your \"\"network\"\" to get your name in the door and your resume in the hands of the \"\"person that matters\"\" within the company (that may or just as often may NOT be the manager who makes the \"\"hiring decision\"\" -- it may very well be the most experienced person in his department; who then PUSHES the manager to interview and hire you) -- and you preferably do that BEFORE the damned ad is even written, and BEFORE the HR department is even aware that there is a \"\"need\"\" for a hire. (Keep in mind that there is often a span of several weeks, if not several months between the REAL awareness of a \"\"need\"\" and the manager/HR getting around to actually starting the \"\"help wanted\"\" fiasco-ridden process.)  One key aspect of that is that -- via the \"\"in the door ahead of time\"\" -- even IF the company *requires* the HR process to be followed, the job spec can be \"\"constructed\"\" to match the pre-qualified candidate, and his/her resume can go to the top of the stack (already being in the manager's hands with a hearty recommendation/endorsement from one of his critical team members: i.e. \"\"HIRE this guy/gal!\"\")  Unfortunately, it seems that -- for all the emphasis on \"\"networking\"\" these days -- colleges and other \"\"how to get hired\"\" classes, seldom (if ever) teach those techniques.  *But if you ask around/look around within companies and identify the really \"\"good fit\"\" people, a LOT of them will have been hired by this method, and emphatically were NOT found via HR listings &amp; processes.*\""}
{"_id": "426472", "title": "", "text": "That makes a lot of sense.  Developers have hard skills and tend to communicate using facts.  Managers tend to have soft skills and communicate using fuzzy feelings and emotion.  From the developer's perspective, it feels like trying to communicate with someone who's crazy and wont get to the point."}
{"_id": "426476", "title": "", "text": "Yeah, even then. Maybe a bit more, depending on travel.  I'd have a fully-paid for house. If taxes are absurd on the property I might need to bump up the number.  Vehicles, fully paid for. Machine tools, heavy-duty sewing gear, firearms &amp; hunting/camping gear, most of the tooling needed to produce anything I need, a well-equipped kitchen, and land with some livestock, woodlot, farm, and orchard. Power from wind/solar with a backup genset &amp; link to the grid as a last resort, wells for water.  As I said: Initial cost would be high, but after that my cost of living would be damned low. Hell, I'd probably spend more on books than food."}
{"_id": "426481", "title": "", "text": "Although there is plenty of blame to go around for this epidemic, which really started with our involvement in the Vietnam War, I don't see enough blame in these stories for the insurance companies that have refused to pay for any other form on pain management other than opiate drugs. What is the doctor supposed to do when their patient is in pain and opiates are the only relief the patient can afford?  Certainly many docs have over prescribed these mess but they don't decide what treatments are and are not available for their patients."}
{"_id": "426506", "title": "", "text": "\"I actually interviewed to work at the SEC as an \"\"industry transplant.\"\"  I was surprised to learn the limits of the SEC's power - namely, they cannot compel anybody to show them any documents - even ones financial firms are required to hold.  When firms do \"\"cooperate,\"\" they tend to make it as difficult as possible for investigators.  All the SEC can do in the end is sue the firm, and that's a long drawn out process (I understand now why there are so many settlements).  What I learned, however, is that the SEC needs more people like myself who have worked in the business.  Most people who interviewed me were attorneys and (sometimes) accountants.  Their experience in the financial industry was limited to working at legal firms who did financial advisory work.  Many simply don't even know what to look for.  I'm still waiting to hear back, but there are a lot of lawyers who are sick of working industry jobs and would love the pay and work environment of the SEC - so it's tough to get a position there.\""}
{"_id": "426510", "title": "", "text": "Good question given what happened with Equifax You could avoid paying extra to Experian  for monitoring all three, if you are getting free monitoring from Equifax(Only if Experian charges less for monitoring their own vs monitoring all three). If you do cancel monitor all three then the only one you would not be monitoring is Trans Union, but you should be fine as most finance companies report to at least two credit unions. But if you want to be 100% sure then monitor all three. But I would regard that as an overkill(personal opinion)"}
{"_id": "426518", "title": "", "text": "\"I think that you really have to take the deal, as the gas company will extract the land from neighboring parcels anyway. Talk to an attorney about trusts or other vehicles to shelter the money. It may be possible to transfer the land into a trust to benefit your parents when they need the money. Also, this may be one of those rare circumstances where some sort of life insurance arrangement may be in order. Also, pull the documentation from the pharmaceutical company -- what do they define as income? The payments from mining are usually referred to as \"\"royalties\"\".  In any event, seek professional advice.\""}
{"_id": "426528", "title": "", "text": "That was my reaction too!  I was quite happy with my old phone so I haven't been keeping up on new models at all.  I was just glad that this one was featured as a new arrival when I started online window shopping for a replacement when I broke mine last week."}
{"_id": "426539", "title": "", "text": "When I worked with Taubman, discussions were had that specified they had to sell, buy or do major renovation to some centers every year to satify shareholders. So it could have a lot do with that situation.   There will always be super high end malls in the richest areas. But if you see a Wallmart within 5 miles of your mall you can be sure your mall will close soon."}
{"_id": "426550", "title": "", "text": "\"A general principle in finance is that you shouldn't stick with an investment or situation just because it's how you're currently invested. You can ask yourself the following question to help you think it through: If, instead, I had enough GBP to buy 20000 CHF, would I think it was a good idea to do so? (I'm guessing the answer is probably \"\"no.\"\") This way of thinking assumes you can actually make the exchange without giving someone too big of a cut. With that much money on the line, be sure to shop around for a good exchange rate.\""}
{"_id": "426559", "title": "", "text": "Could someone please explain to me how interest rates work? I like to think of interest rates as the price of money. It is specified as a percentage paid per unit of time (for example, 3%/year). To figure out how much interest money you get (or have to pay) for a given amount and time, multiply the amount with the interest rate and then divide by the time divided by the interest rate's specified time. That sounds awfully complicated, so let's look at a simple example instead. You deposit $1,000 at a fixed interest rate of 2% per year, for two and a half years, where the interest is paid at the end of the term. This means that you earn $1,000 * 2% = $20 per year in interest. Multiply this by [2.5 years] / [year] = 2.5, and you will have received $20 * 2.5 = $50 in interest over 2.5 years. If the interest is paid yearly, this gets slightly more complicated, but the principle is the same. Now imagine that you deposit $5,000 at a fixed 3% per year, for half a year. Again, the interest is paid at the end of the term. You now earn $5,000 * 3% [per year] * [[0.5 years] / [year]] = $75 in interest over six months. Variable interest rates makes this a little more complicated, but it is exactly the same thing in principle: calculate the interest paid for each period (taking any compounding into account), then add up all periods to get the total amount of interest paid over time. It also works the same way if you take out a loan rather than depositing money. Tax effects (capitals gains taxes or interest expense deductions) may make the actual amount paid or received different, but that does not change the fundamental aspect of how to calculate interest. Do CD's make more money with higher interest rates, or is it the other way around? Usually fixed interest rate instruments such as certificates of deposit, or loans with fixed rates, pay a higher interest rate for longer terms. This is because it is harder to judge credit risk in a longer term, so whoever gives the loan usually wants a premium for the additional risk. So a 6-month CD will normally pay a smaller percentage interest per year than a five-year CD. Note that this is not always the case; the technical term for when this does not hold is inverted yield curve. Interest rates are almost always formally specified in terms of percent per year, which makes it easy to compare rates. If you buy a $100 6-month CD paying 1% (I told you these were only examples :)) and then reinvest the money at the end of the term in another 6-month CD also paying 1%, the total amount paid will be ($100 * 1 + (1% * 6/12)) = $100.50 for the first term, then ($100.50 * 1 + (1% * 6/12)) = $101.0025 at the end of the second term. As you can see, the compounding of the interest makes this return slightly more than a single $100 12-month CD ($100 * 1 + 1% = $101), but unless you are dealing with large amounts of money, the difference is small enough to be negligible. If you were to put $100 in a 2% one-year CD, you'd get back $102 at the end of the year. Put the same amount in a 5% one-year CD, and you get back $105. So yes, higher interest rates means more interest money paid, for loans as well as deposits. Keep in mind that loans and deposits really are essentially the same thing, and interest calculations work the same way for both. The interest rate of a normal certificate of deposit does not change if the variable interest rates change, but rather is locked in when the money is deposited (or the CD is bought, whichever way you prefer to look at it)."}
{"_id": "426570", "title": "", "text": "I'm going to guess that now you're going to explain how you shouldn't add up these percentages. That is most certainly wrong. The reason is that countries aren't going to agree on an order in which to tax a company. It wouldn't go like: well UK taxes first then Germany will tax whatever is left in net profits. Why the hell would Germany agree to that? They would each want their percentage of the *untaxed* pie."}
{"_id": "426590", "title": "", "text": "lol. i love btc but man the amount of money and power needed to push bitcoin into that status is pretty heavy. odds are stacked against it, but if it does become a de facto currency of world reserve status... its New World Order shit and was a coup de tat all along."}
{"_id": "426591", "title": "", "text": "\"Former financial analyst here, happy to help you. First off, you are right to not be entirely trusting of advisors and attorneys. They are usually trustworthy, but not always. And when you are new to this, the untrustworthy ones have a habit of reaching you first - you're their target market. I'll give you a little breakdown of how to plan, and a starting investment. First, figure out your future expenses. A LOT of that money may go to medical bills or associated care - don't forget the costs of modifications and customizations to items so you can have a better quality of life. Cars can be retrofit to assist you with a wheelchair, you can build a chair lift into a staircase, things like that which will be important for mobility - all depending on the lingering medical conditions. Mobility and independence will be critically important for you. Your past expenses are the best predictor of future expenses, so filter out the one-time legal and medical costs and use those to predict. Second, for investing there is a simple route to get into the stock market, and hopefully you will hear it a lot: Exchange Traded Funds (ETFs). You'll hear \"\"The S&P 500 increased by 80 points today...\"\" on the news; the S&P is a combination of 500 different stocks and is used to gauge the market overall. You can buy an exchange traded fund as a stock, and it's an investment in all those components. There's an ETF for almost anything, but the most popular ones are for those big indexes. I would suggest putting a few hundred thousand into an S&P 500 indexed ETF (do it at maybe $10,000 per month, so you spread the money out and ensure you don't buy at a market peak), and then let it sit there for many years. You can buy stocks through online brokerages like Scottrade or ETrade, and they make it fairly easy - they even have local offices that you can visit for help. Stocks are the easiest way to invest. Once you've done this, you can also open a IRA (a type of retirement account with special tax benefits) and contribute several thousand dollars to it per year. I'll be happy to give more advice if/when you need it, but there are a number of good books for beginning investors that can explain it better than I. I would suggest that you avoid real estate, especially if you expect to move overseas, as it is significantly more complicated and has maintenance costs and taxes.\""}
{"_id": "426606", "title": "", "text": "This is pretty much it. Plus if you actually get a kick out of the job you'll probably enjoy it more often than not. It's not unusual in your first couple of years to work really extreme hours (I've got a buddy in a well know US bank in fixed incomes for example, who works from 8am-11pm every day), but half the time you sort of enjoy the work that you're doing and the people you work with. It's not for everyone, don't get me wrong, but there's a lot of room for development as long as you're willing to put in a bit of hard graft."}
{"_id": "426607", "title": "", "text": "\"&gt;My article on businessweek.com was headlined, \u201cAmerican Families Are Poorer Than in 1989.\u201d (It shouldn\u2019t have said \u201care,\u201d by the way, because the data only went through 2010.)  The guy deserves some kudos for stating the above (the rare bare honestly about the \"\"are\"\" being inappropriate\\*).    And really he deserves kudos for the entire clarifying article (even if the conclusion is a vague \"\"we don't know\"\" -- which is also a rarely honest statement.  And of course the term \"\"richer\"\" (or \"\"wealthier\"\") is a relative one, subject to a variety of interpretations.  Back in 1962 someone may have *felt* extremely wealthy if they owned the only \"\"air conditioner\"\" on the block; but are they then more wealthy or less wealthy now when they have central air... but so does everyone else.  Or per example, the \"\"jokes\"\" in the Wall Street 2 sequel -- one of the things that made the Gordon Gekko of the original movie \"\"wealthy\"\" was his cell phone, because it was an expensive and rare luxury -- but today of course his original cell phone is a useless and clunky \"\"brick\"\"; and meanwhile just about everyone else (including the \"\"riff raff\"\") owns smart-phones with internet access (something the old Gordon Gekko couldn't have even *dreamed* of owning, no matter how much money he had).   So \"\"wealth\"\" is a difficult thing to nail down.  ---  \\* Soapbox: It's a rare exception to the one thing that never ceases to piss me off -- when people make \"\"expert\"\" statements in the present tense, based on data that (of necessity) is not, indeed cannot be strictly \"\"current\"\". (For example, when some loudmouth \"\"scientist\"\" states that the Earth IS warming... when of course that cannot be known as the statement is concerning a \"\"trend\"\" and is entirely based on NON-real-time aggregates; the best an *honest* scientist would say is that \"\"based on the past x years of data we know the Earth *has been* warming\"\"... not \"\"is\"\"; the current status is never certain since the previous trend may have already \"\"peaked\"\" -- absent a real-time data stream, one cannot know.)\""}
{"_id": "426618", "title": "", "text": "&gt;Fortunately I've never had to ask these questions (facebook is a beautiful thing).  From a entrepreneur to a employer, you're asking for a lawsuit (I'd say a couple of lawsuits) and I highly recommend that you stop this practice before you get in hot water. Here's why:   First:  * Facebook terms of use makes it a violation for anyone to ask users for their facebook password. So Facebook can sue employers for requesting said password due to the employer violating the terms. All the user would have to do is contact Facebook's legal department that you asked for their password.   Second:  * There is often information provided in Facebook profiles that you can not ask a perspective employee during the hiring process mandated by Federal law. Facebook records locations of where the user has logged into their account. So all the job applicant would have to do is produce that evidence which is readily accessible via your Facebook profile for free.    That information consist of the following:  * Race * Sex * Orientation * Pregnancy * Religion * National origin * Disability (physical or mental, including HIV status) * Age (for workers over 40) * Military service or affiliation * Anticipated deployment with the Reserves or National Guard * Bankruptcy or bad debts * Genetic information * Citizenship status (for citizens, permanent residents, temporary residents, refugees, and asylees)  If someone is not hired after an employer has accessed this information via use of the job applicant's Facebook account, the employer is opening themselves up to an accusation/lawsuit that something in the Facebook profile was used as the basis of a decision not to hire. As an employer: How do you prove to the court/judge that you DIDN'T use the applicant's information on Facebook for making your hiring choice? Do you as an employer really want to be put into this position? You'd have to be crazy or not mind lawsuits if you say yes.    So it's just better for both the employer and the applicant for the employer to not ask for the password.    TL;DR - As a employer, don't ask for a Facebook user's password unless you like lawsuits."}
{"_id": "426619", "title": "", "text": "\"the most important information that you provided was \"\"I'm 25 years old\"\". You have a few years to save for a rental property. Taking a loan against your 401k only invites a lot of paperwork and a good deal of risk. Not only the \"\"if I lose my job I have to pay it back (in 60 days)\"\", but it effectively locks you into your current job because changing jobs also causes the same repayment consequences. Do you really love your job that much that you would stick with it for the loan you have? (rhetorical) One could argue that real estate is a good way to diversify away from the stock market (assuming you have your 401k invested in stocks). Another way to get the same diversification is to invest in REITs through your 401k. Owning rental property isn't something to rush into. You really have to like it.The returns and headaches that accompany it can be a drag and it's harder to get out of then stocks.\""}
{"_id": "426624", "title": "", "text": "\"One part of the equation that I don't think you are considering is the loss in value of the car.  What will this 30K car be worth in 84 months or even 60 months?  This is dependent upon condition, but probably in the neighborhood of $8 to $10K.   If one is comfortable with that level of financial loss, I doubt they are concerned with the investment value of 27K over the loan of 30K @.9%. I also think it sets a bad precedent.  Many, and I used to be among them, consider a car payment a necessary evil.  Once you have one, it is a difficult habit to break.  Psychologically you feel richer when you drive a paid for car.  Will that advantage of positive thinking lead to higher earnings?  Its possible. The old testament book of proverbs gives many sound words of advice.  And you probably know this but it says:  \"\"...the borrower is slave to the lender\"\".  In my own experience, I feel there is a transformation that is beyond physical to being debt free.\""}
{"_id": "426625", "title": "", "text": "Good luck with it then. A challenge it is though.  Btw, my friends are British so will have passed through the British Institute and Faculty of Actuaries (as it is now called). The gambler friend who ended up doing quite well ended up not only working in the field but also teaching it part-time."}
{"_id": "426633", "title": "", "text": "I have spoken to a lot of people that are in the workforce, that have a CFA, and the consensus I have gotten from a lot of them is that it *can't hurt* to get your CFA, but it also sometimes isn't extremely relevant to have, or may put you above a different candidate.  I would suggest figuring out what you want to do within the workforce first and see whether or not a CFA is going to be a requirement and or a necessity for wherever you would like to work, I also would recommend on not waiting too long to get it."}
{"_id": "426638", "title": "", "text": "Making a mortgage is NEVER a good idea. Unless you REALLY need it try to avoid dealing with banks at any price!! If you have the money, just pay for it, if you don't, you can always get to a deal with your siblings to pay it by installments but always avoid mortgages or you may end in troubles."}
{"_id": "426639", "title": "", "text": "\"When you say \"\"donate\"\", it usually assumes charitable donation with, in this context, tax benefit. That is not what happens in your scenario. Giving someone money with the requirement of that someone to spend that money at your shop is not donation. It is a grant. You can do that, but you won't be able to deduct this as charitable donation, but the money paid to you back would be taxable income to you. I respectfully disagree with Joe that its a wash. It is not. You give them money that you cannot deduct as an expense (as it is not business expense) or donation (as strings are attached). But you do give them the money, it is no longer yours. When they use the money to pay you back - that same money becomes your taxable income. End result: you provide service, and you're the one paying (taxes) for it. Why would you do that?\""}
{"_id": "426649", "title": "", "text": "\"&gt;but it absolutely did not \"\"cure cancer\"\"  Didn't say it did.   What I was attempting to illustrate is that there are extremely cheap, extremely promising drugs for lots of conditions that nobody owns, so nobody will pay for FDA testing.\""}
{"_id": "426676", "title": "", "text": "\"That \"\"something\"\" you are signing means you are liable for the mortgage payments - yes, all of them - if he can't or won't pay at any point.  The limit on what the bank will lend him based on his salary is there for a reason - they don't expect him to be able to keep up repayments if they lend him more (or more precisely, there's a big risk that he won't). Don't forget that even if he swears up and down to you that he can afford them, interest rates can rise; this is a 25 or 30 year commitment you would be making. Interest rates are at a historic low and the only way from here is up; in my living memory rates have been 12% or even 15%. As a very rough rule of thumb, for every \u00a3100k borrowed, every additional 1% on the interest rates costs an additional \u00a3100 on your monthly payment.  Also, the \"\"Transitional Arrangement\"\" is not without its own fees and the bank won't let him simply take you off the mortgage unless they are convinced he can keep up the repayments on his own, which they clearly aren't. Also thanks to @Kat for the additional good point that being on the hook for your friend's mortgage will prevent you from being able to get a mortgage yourself while the liability still exists, or at least severely limit your options. No matter how many times you protest \"\"but I'm not paying any money for that!\"\" - it won't help.  Another point: there are various schemes available to help first time buyers. By signing up for this, you would exclude yourself from any of those schemes in the future.\""}
{"_id": "426677", "title": "", "text": "\"Yeah, well, and corporations used to only be chartered by states for the express purpose of fulfilling some public function, on the order of building a bridge, etc.  Now, anybody at all gets the limited liability advantages of a corporation without any of the corresponding duty to serve the public good.  Now I'm sure the overall \"\"fix\"\" that will be floated will be the government basically dismantling capitalism and principles enjoyed by all private businesses, instead of just going back and fixing what was erroneously handed to corporations in the first place.\""}
{"_id": "426678", "title": "", "text": "There are a few ways to get money from property, but I'm not sure any would work for you: 1) Firstly you could sell it. Selling the building might require enough repairs that the building is habitable; if the repair costs are too high, you might not be able to recover costs from selling. For a particularly old and unkempt building, this is more likely to be the case. In extreme scenarios, you may earn more net profit by demolishing a decrepit building, and simply selling the land. Make sure you aren't setting your price too high if you are desperate to sell; dropping your price might make the headache of upkeep go away, and might be better for you financially in the long run. 2) You could rent it - but if it is so uninhabitable you can't sell it, then this is unlikely without repairs (and it seems you don't want to do this anyway). 3) If your building is in an area where the zoning laws are not strict, you may be able to apply for a permit to have it zoned for commercial use - and either run a business out of it, or rent it to someone else to do so. Again, this would be dependent on repairs if the building is uninhabitable, and also would require the building to well-situated for a business. 4) You could take out a mortgage on the building. Of course, this has two big caveats: (a) the bank would need to assess the building for value [and it seems not to be worth much in your case]; and (b) this provides only temporary cash, which you would need to pay back to the bank over time. In some cases, if you had a solid plan, you might be able to take a mortgage out against the value of the land, and use the cash from the mortgage to do some repairs, so that it would be in good shape for selling."}
{"_id": "426687", "title": "", "text": "Very true but that's not the point of my post or at all how it relates to this article. I even said that  My point though is how the felon thing affects the economy in comparison to the 1980s or even 90s.   Factorys in many places are begging for help at the moment.  But nowadays there is no 2nd chances and factorys aren't giving it, one felony and youre done for life. Even if you somehow get it expunged.  There's millions and millions of potheads and felons and always will be. 20 years ago those people could easily find jobs when now they cannot.  Factor in that Mexicans who likely do a much better job are taking the under the table jobs.  I don't think there's much we can do about it but it absolutely affects the economy and society, it's certainly something people should be looking at."}
{"_id": "426689", "title": "", "text": "I usually use this process:  determine fair market value. This will be an estimate from KBB or similar minus any known repairs or maintenance needed. (Est)-(repairs)=FMV IF FMV < $0 walk away and sell it for whatever it will bring. You would be better off even just buying a similar model  than buying the repair. If FMV > $0 ask yourself this question:  If I had the fair market value in cash, would I purchase this car? Essentially, this is what you are doing if you choose to keep it. This is where your needs and opinions come into play. If you wouldn't, sell it and buy something else. Unless you have certain specific numbers on the future maintenance and repairs needed, you are just speculating on future events. In general, the probability of repair for the age and condition will be reflected in the estimate of value, so that is captured in the analysis already.  There is also no guarantee that another car would not have some other large repair, even if it was newer.  From just the numbers, I can't think of many reasons not to drive a car until it dies (FMV < $0) or until you find an excellent deal to replace it."}
{"_id": "426694", "title": "", "text": "Question 1: Yes Question 2: There is no simple formula. Car insurance is mostly Statistics, because you have so many millions of cases that the variance is really low. This also means that, because the cost can be estimated so precisely, it is difficult to make an offer better than the competitors. For that reason every insurance company makes there own, arbitrary, segmentation of the data which leads them identify low risk groups they can offer a bonus to. Common ones are type of car or and driving experience, but it could be anything that is not forbidden by anti-discrimination-laws. Also additional perks like towing insurance etc. may give them an opportunity do differentiate themselves or to make easy profit.  In fact it is a common tactic to offer prices that make close to no profit to fill up your book, then raise tariffs in then following years an make you profit with those who are to lazy to switch."}
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{"_id": "426703", "title": "", "text": "\"In addition to @MD-tech's answer: I'd distinguish between stock of a foreign company traded in local currency at a local exchange from the same stock traded in the foreign currency at a foreign exchange (and maybe with a foreign bank holding your accounts). The latter option will typically have higher variation because of exchange rate, and (usually) higher risks associated with possibility of recovery, (double) taxation and the possible legal difficulties @MD-tech mentions. Trading the foreign stock at a local exchange may mean that the transaction volume is far lower than at their \"\"home\"\" exchange. Holding stock of companies working in foreign markets OTOH can be seen as diversification and may lower your risk. If you only invest in the local market, your investments may be subject to the same economic fluctuations that your wage/employment/pension situation is subject to - it may be good to try de-correlating this a bit. Of course, depending on political circumstances in your home country, foreign investments may be less risky (though I'd suspect these home countries also come with a high risk of seizing foreign investments...)\""}
{"_id": "426705", "title": "", "text": "\"Okay so I am going to break this answer into a couple sections: Okay so first things first. Did you get a good deal? This is challenging to answer for a number of reasons. First, a good deal is relative to the buyers goals. If you're attempting to buy an asset that provides passive income then maybe you met your goal and got a good deal. If you're attempting to buy an asset that provides long term growth, and you purchased above market (I'm speculating of course) then you may have made a bad deal. So how do you determine if you got a good deal? Does your \"\"Gross Rental Multiplier\"\" equal that or is less than that of the average GRM in your area. The lower the better.  So how do you use the GRM to determine if you're getting a good deal? Divide your purchase price by the average city (or area) GRM and that will tell you what you should be getting annually in rent.  You can also use the GRM to determine if a future purchase is over or under priced. Just replace purchase price with asking price.  Alright, so these are the tools you can use to decide if you made a bad business deal or not. There are many ways to skin a cat so to speak. These are the tools I use BEFORE I purchase a home. Many people are penny wise and pound foolish. Take your time when making large purchases. It's OKAY to say PASS.  Okay next thing is this new purchase you're looking at. The number one rule when working a franchise is you don't open a second store until you have a perfect working model to go off of. If you've never had to file a tax return for your current rental. Then you need to wait. If you've never read your local and state rental laws. Then you need to WAIT. If you've never had to leave an event early, wake up in the middle of the night, or get a text while you're on a date from one of your tenants. THEN YOU NEED TO WAIT. Give it a year or two. Just learn the unknown about rental properties. Use your first as your test bed. It's WAY more cheaper then if you make a bad mistake and roll it over multiple properties.  Finally I will leave you with this. No one on this site, myself included, knows everything there is to know about real estate. Anyone that claims they do, send their ass packing. This is a complex COMPLEX business. There is always something to learn and if you don't have the passion to continue learning then hand it off to someone who does. There is tax law, rental law, city repair law, contract law and this doesn't even include the stuff that makes you money, like knowing how to leverage low or no money down loans.  Please take some time and go out and learn.  Good luck! -AR\""}
{"_id": "426713", "title": "", "text": "You definitely do not need human interaction to open an account at Schwab. You just need to provide a social security number and US drivers license. See http://www.schwab.com/public/schwab/investing/accounts_products/accounts/brokerage_account You can do it online or through the mail. They usually have some questions about your level of experience with investing. They are required to ask these questions to ensure that you don't get confused and put your money in inappropriate investments."}
{"_id": "426717", "title": "", "text": "\"&gt;I kept hearing...the last new refinery in the US being built over 30 years ago.  Which is a misleading statement. Tearing down an old unit and replacing it with a higher capacity one does not count as a \"\"new refinery\"\", but increases capacity.\""}
{"_id": "426733", "title": "", "text": "that's not the joke so much as it is natural progression.  for a while, consumers were less interested in customer service and more interested in the product they were getting. now, so many products have nearly identical specs, quality, and etc. that good customer service can be used as a distinguishing fact to push a consumer to a given company, so companies are now caring more about their customer service reputation."}
{"_id": "426766", "title": "", "text": "Title is misleading.  This only applies to medical marijuana patients, people with conditions/disabilities, as it falls under disability discrimination to fire someone because of the medicine they are legally prescribed.   However, if you aren't a lawful medical marijuana patient and fail a drug test in MASS, your employer can absolutely fire you with little recourse."}
{"_id": "426771", "title": "", "text": "The problem I have with gold is that it's only worth what someone will pay you for it.  To a degree that's true with any equity, but with a company there are other capital resources etc that provide a base value for the company, and generally a business model that generates income. Gold just sits there. it doesn't make products, it doesn't perform services, you can't eat it, and the main people making money off of it are the folks charging a not insubstantial commission to sell it to you, or buy it back.  Sure it's used in small quantities for things like plating electrical contacts, dental work, shielding etc. But Industrial uses account for only 10% of consumption.  Mostly it's just hoarded, either in the form of Jewelry (50%) or 'investment' (bullion/coins) 40%.  Its value derives largely from rarity and other than the last few years, there's no track record of steady growth over time like the stock market or real-estate. Just look at what gold prices did between 10 to 30 years ago, I'm not sure it came anywhere near close to keeping pace with inflation during that time.  If you look at the chart, you see a steady price until the US went off the gold standard in 1971, and rules regarding ownership and trading of gold were relaxed.  There was a brief run up for a few years after that as the market 'found its level' as it were, and you really need to look from about 74 forward (which it experienced its first 'test' and demonstration of a 'supporting' price around 400/oz inflation adjusted.  Then the price fluctuated largely between 800 to 400 per ounce (adjusted for inflation) for the next 30 years. (Other than a brief sympathetic 'Silver Tuesday' spike due to the Hunt Brothers manipulation of silver prices in 1980.)  Not sure if there is any causality, but it is interesting to note that the recent 'runup' in price starts in 2000 at almost the same time the last country (the Swiss) went off the 'gold standard' and gold was no longer tied to any currency (or vise versa)   If you bought in '75 as a hedge against inflation, you were DOWN, as much as 50% during much of the next 33 years.  If you managed to buy at a 'low' the couple of times that gold was going down and found support around 400/oz (adjusted) then you were on average up slightly as much as a little over 50% (throwing out silver Tuesday) but then from about '98 through '05 had barely broken even.  I personally view 'investments' in gold at this time as a speculation.  Look at the history below, and ask yourself if buying today would more likely end up as buying in 1972  or 1975? (or gods forbid, 1980)  Would you be taking advantage of a buying opportunity, or piling onto a bubble and end up buying at the high?  Note from Joe - The article Demand and Supply adds to the discussion, and supports Chuck's answer."}
{"_id": "426784", "title": "", "text": "By going online to purchase the computer parts you are buying from a source that has less overhead than a general store or shop that has expenses not involved from online stores. This is the biggest reason, but with this comes the ease and comfort of not having to leave your home, just log onto the internet and order your laptop parts online."}
{"_id": "426796", "title": "", "text": "People have credit cards for various reasons depending upon their personal situation and uses  You don't need to have a Credit Card if you don't have a reason to. But most people do."}
{"_id": "426797", "title": "", "text": "When the corporate tax rate is increased corporations either pass tax this on to 1. consumers through higher prices 2. Shareholders through smaller/fewer dividend payouts or 3. Employees through lower wages.   The paper argues that the tax burden mainly falls on the shareholders which is whoever owns the stock (capital income). Effectively investors and retirement accounts/mutual funds etc"}
{"_id": "426811", "title": "", "text": "&gt;Most doctors also have a very poor understanding of statistics --   Says the man who thinks we have increased food/acre over 100x, that India has more people than China, and that most people pay self employment tax. And all those claims were in the last few days.  The average doctor probably has a far better understanding of statstics than the average American, so is certainly better qualified to interpret the evidence than a barber. Most certainly better than you based on the claims you've  made recently.  And none of this is evidence for or against the claim that the benefits of aspirin outweigh the risks.  As usual, do you have *any* evidence? Or just opinion and name calling?"}
{"_id": "426844", "title": "", "text": "\"I know of at least one case where a person was convicted of \"\"structuring\"\".  The person was depositing his own money into his own bank account and was found guilty of \"\"structuring\"\" since he made several deposits under $10K.  The man did nothing illegal.  He just felt it was safer to make several small deposits instead of one large deposit. From the article: Prosecutors did not offer evidence of any other motive for Gaskins' behavior. They said at trial that Gaskins should have known better. \"\"The point of the law is to make sure we don't have people who try to fool the bank,\"\" federal prosecutor Randall Galyon told jurors last week. \"\"The fact that he was trying is against the law.\"\" The law states the bank has to report any transactions over $10K so the government can investigate any suspicous monetary activity.  Of course, if you make several deposits under $10K you'll also be investigated and you could actually be breaking \"\"intent\"\" of the law for depositing your own money into your own bank account.\""}
{"_id": "426852", "title": "", "text": "Medical cannabis station is an online medical dispensary which supplies and prescribes medical marijuana for people interested. We do deliver to all locations and   ship. We also prescribe medical cards. Our dispensary is located in Colorado and we are registered under the Colorado Marijuana Union. Visit our website   medicalcannabistation,com for more information"}
{"_id": "426866", "title": "", "text": "\"&gt;Do you think that someone like GM does not create any indirect jobs? GM is basically just a final assembler of components made by others.  During it's PEAK employment years, GM largely owned and manufactured the vast majority of it's own components.  Of course there were still a lot of raw materials suppliers, as well as minor component suppliers -- but the GM of 1970 was a far different (and much more vertically integrated) operation than it was just a decade or two later.  &gt;Furthermore, the comment about worldwide employment misses the mark here. The west is outsourcing our manufacturing.  Yes, but you need to dig deeper than \"\"cheap labor\"\" for the reasons WHY. A lot of it has to do with the post 1971 fiat dollar and the advent of \"\"leveraging everything in sight\"\" (in part as an absurd inflation-hedge, and in part because finance saw a way of profiteering off the sale of the \"\"birthright\"\" assets -- selling the farms out from underneath the farmers so to speak) -- and subsequently firms needed to make substantially MORE than their previous profit margins in order to cover the interest costs, etc.  &gt;We, on the other hand, are doing the opposite. We're going to end up with no middle class. The only jobs available here will be for a small number of very highly specialized skills (like hedge fund managers) and the people who mow their lawns.  No, eventually the dollar will either become so watered down (if it doesn't collapse entirely); along with an increase in the cost of overseas labor AND a rising expense of goods transport (in many ways only possible on large, bulk scales) -- will create a different scenario, one in which manufacturing (which has NOT entirely left the US by any means) will stage a comeback... but it will be a long slow climb back, and we are probably a decade (or more) before the tide turns.\""}
{"_id": "426867", "title": "", "text": "To an extent but letting them extort the nation isn't good statecraft either. I actually think the Chinese strike a nice balance. If your business causes people to lose their lives or a extensive damage you will be held accountable as opposed to what we do - nothing.  edit; spelling"}
{"_id": "426884", "title": "", "text": "Tata does outsourcing for Megacorp X where I live. Here's how it works: Megacorp X lays off 5,000 workers, gives the contract to replace them to Tata Consulting. 4,000 people get hired back by Tata at about 80% of their old pay and benefits, or as a contractor."}
{"_id": "426906", "title": "", "text": "Try reading about budgeting.  Make a list of all income coming in and all expenses going out. Eliminate any unnecessary expenses and try to increase income, which could include a part-time second job.  Try to always put a portion of the income away as savings - try 10%, but if this is too hard to start with try saving at least 5% of the income."}
{"_id": "426915", "title": "", "text": "I disagree and as kind of a millennial I have an opinion on this topic, not that I want to make something out of this. But there is w people Killeen with the quality of ads. Some of them are just not that well targeted to millennials.  Like for example if you look on tv you have a bunch of these ads that have a lot of old people. Another category is pharma ads. How are you going to get something out of pharma from guys who are still in their 20s. No one has enough problems yet and there is another dynamic at play there as well. That dynamic is that a lot of the advertisers want to get so called old people money. This is stuff like retirement savings, there Medicaid money etc, all the stuff they spend on tgrir bills. Given how the demographic pyramid is right now there is a difficulty for the advertisers to justify spending money in a wear that targets the Young folks.  That happens now and it's going to be like that for the next few years.  This is going to be something like a overall economic change so everything and everyone is going to see how the change takes place .  So the advertisements are part of it but really they are a small part of the puzzle  There isn't a good way to make people but things differently, it's all about what pays the most to advertisers, demographic groups be damned"}
{"_id": "426939", "title": "", "text": "\"FOX is staffed by a lot of \"\"men rule the world\"\" thinkers. They don't respect women there. They choose women for their broadcasts based on which ones are the prettiest for TV. It's got nothing to do with journalism, and their male broadcasters are all pigs.  Frankly everyone with critical thinking skills is surprised that it took as long as it did.  MSNBC is just as bad as FOX. The particulars of their offenses might be different, but both organizations are corrupt to their cores. Punishing a few of their employees is not going to teach the other hundreds of people in their organization to suddenly learn right from wrong.  And in the case of sexual harassment, even if the company spends millions on forcing employees to go to seminars and take special training, it's not going to change who they are. They're going to go home each night and return to being stupid sexist pigs. They'll just put on whatever mask and act is required of them in the workplace.  The solution is don't hire people like that. When their behavior becomes contradictory to their survival under the law of natural selection then, and only then, will they change their ways.\""}
{"_id": "426944", "title": "", "text": "No, we did not apply for the loan. So, this is why we thought it was a bit strange a company just sending you a real check for $30K. It does not say anywhere in big red letters that it is a loan. Probably something in very small letters on a back of a paper.  This is really horrible. Especially,if your customers do pay you by check and small business relies on online statement to determine who paid what. I can easily imagine a small outfit that just takes all the checks to the bank, cash them, and then use online statement to update their books.   I do not see how it is helpful to businesses to receive pre-approved credit that is so poorly marked. Especially in the age of electronic transfers!!!  I am trying to understand why I feel so offended by this, and I guess it all comes down to disgust: I refuse to believe that any serious company would use these sort of tactics and instead of us spending more time developing a better product, we have to put more time and effort into ensuring we do not fall victim to this."}
{"_id": "426947", "title": "", "text": "You appear to just have admitted to tax evasion. You need a lawyer. There's a good chance you don't actually owe any money, but you need legal advice. To be clear, you may well not have been obligated to file tax returns, but you have stated you had some income you didn't report, so there's really nothing else we can say other than recommend you seek legal advice."}
{"_id": "426954", "title": "", "text": "\"I'm not sure that OP was asking if he/she personally should have more available credit, so I will answer the other interpretation: should that particular card have a higher limit? The answer is \"\"no.\"\"  The range varies vastly by issuer.  Starting limits vary widely from issuer to issuer even with identical credit histories.  Some issuers never automatically increase the limit, some periodically conduct account reviews to determine if an increase is warranted.  Some like to see higher spending habits each month.  Personally, my cards range from $500 to $25000, and the high and low extremes are the same age. You can search for tips on how often to request increases for your particular card, or what kind of spending habits the issuer prefers.  An important note: You do not need to carry a balance to make the issuer happy.  You never need to pay a cent in credit card interest.\""}
{"_id": "426960", "title": "", "text": "\"Since you did not treat the house as a QBU, you have to use USD as your functional currency.  To calculate capital gains, you need to calculate the USD value at the time of purchase using the exchange rate at the time of purchase and the USD value at the time of sale using the exchange rate at the time of sale.  The capital gain / loss is then the difference between the two.  This link describes it in more detail and provides some references: http://www.maximadvisors.com/2013/06/foreign-residence/ That link also discusses additional potential complications if you have a mortgage on the house. This link gives more detail on the court case referenced in the above link: http://www.uniset.ca/other/cs5/93F3d26.html The court cases references Rev. Rul 54-105.  This link from the IRS has some details from that (https://www.irs.gov/pub/irs-wd/0303021.pdf): Rev. Rul. 54-105, 1954-1 C.B. 12, states that for purposes of determining   gain, the basis and selling price of property acquired by a U.S. citizen living in a foreign country should be expressed in United States dollars at the rates of exchange prevailing as of the dates of purchase and sale of the property,   respectively. The text of this implies it is for U.S. citizen is living in a foreign country, but the court case makes it clear that it also applies in your scenario (house purchased while living abroad but now residing in the US): Appellants agree that the 453,374 pounds received for their residence should be translated into U.S. dollars at the $1.82 exchange rate prevailing at the date of sale. They argue, however, that the 343,147 pound adjusted cost basis of the residence, consisting of the 297,500 pound purchase price and the 45,647 pounds paid for capital improvements, likewise should be expressed in U.S. dollar terms as of the date of the sale. Appellants correctly state that, viewed \u201cin the foreign currency in which it was transacted,\u201d the purchase generated a 110,227 pound gain as of the date of the sale, which translates to approximately $200,000 at the $1.82 per pound exchange rate. ... However fair and reasonable their argument may be, it amounts to an untenable attempt to convert their \u201cfunctional currency\u201d from the U.S. dollar to the pound sterling. ... Under I.R.C. \u00a7 985(b)(1), use of a functional currency other than the U.S. dollar is restricted to qualified business units (\"\"QBU\"\"s). ... appellants correctly assert that their residence was purchased \u201cfor a pound-denominated value\u201d while they were \u201cliving and working in a pound-denominated economy,\u201d ... And since appellants concede that the purchase and sale of their residence was not carried out by a QBU, the district court properly rejected their plea to treat the pound as their functional currency.\""}
{"_id": "426974", "title": "", "text": "\"&gt;They don't say \"\"using\"\" they say \"\"made with\"\". You can say \"\"made with\"\" 100% cheese, that doesn't mean it IS 100% cheese. Just made with it. &gt; &gt;Wait what were we talking about?  Naw, that's so they can throw 2 grams of real cheddar in with the 98 grams of \"\"semi-dairy processed cheese-like product\"\" and say made WITH instead of made OF\""}
{"_id": "427012", "title": "", "text": "I would think the opposite. If I were in a situation where I could pick my start date, unless I was really hard up for money, I wouldn't want to go into the holiday season with a new job that and no vacation time accrued. Who wants to work on Christmas eve?"}
{"_id": "427014", "title": "", "text": "There have been machines around for about 10 years now that can typeset, print and bind a book in about 10 minutes. I'm surprised Amazon isn't making use of these. Keep bestsellers in stock, and if you want something more obscure, look it up in their kiosk, put in the order, wait around for 10 minutes and you can have a copy in your hands."}
{"_id": "427017", "title": "", "text": "\"You can report it as \"\"hobby\"\" income, and then you won't be paying self-employment taxes. You can also deduct the blog-related expenses from that income (subject to the 2% limit though). See this IRS pub on the \"\"hobby\"\" income.\""}
{"_id": "427021", "title": "", "text": "\"Unfortunately it's a print version.. If you looked around enough, I bet you could find a PDF copy online.   \"\"Heard on the Street: Quantitative questions from job interviews.\"\"  Mine's a bit outdated (2004) but I'm sure they've updated it.\""}
{"_id": "427024", "title": "", "text": "Your CPA doesn't need to file anything, so don't worry about him being sidetracked. You are the one doing the filing. Since the amended returns have to be filed on paper, you'll actually go and mail a package to the IRS (each return in a separate envelope). The reason the CPA suggests to file the amended returns after the current one, is to ensure the NOL is registered in the system before the amended returns are processed. The IRS doesn't have to automatically accept the amended returns, and if there's no NOL on the current year they may just bounce the amended returns back to you. Keep in mind that since you haven't filed your return by the due date (including extensions), you're now unable to forego the carry-back. I don't know if you discussed this with your CPA, but you're allowed, if you chose so, to not apply the NOL to prior years, and instead to apply it forward for the next 20 years (or until it runs out). Depending on your income pattern, that might have been something you could have considered, but you can only chose this if you file a statement before the due date (with extensions), which is now passed."}
{"_id": "427027", "title": "", "text": "I'm not an intolerant person. I'm starting from a position of Lactose Ambivalence. It just doesn't occur to me to buy dairy most of the time. I don't drink milk or eat cereal, I can't have ice cream because of the sugar.  But man, I effin' HATE cheese. The smell alone is nauseating!  The only exception is cream chesse, which not actually cheese, it's just fat butter."}
{"_id": "427032", "title": "", "text": "First, what's the reason? Why do you have that much in cash at all - are you concerned about market volatility, are you planning to buy a house, do you have tens of millions of dollars and this is your slush fund?  Are you a house flipper and this is part of business for you? If you need the money for short term use - ie, you're buying a house in cash next month - then as long as you're in a sound bank (one of the big national ones, for example) it seems reasonable.  You can never predict a crash like 2008, but it seems unlikely that Chase or Citibank will go under in the next few weeks. If you like to have a cash position, then split the money among multiple banks.  Buy a CD at one major bank with some of the amount.  My in-laws have a trust which is partially invested in CDs, and they use multiple banks for this purpose to keep their accounts fully insured.  Each separate bank you're covered up to 250k, so if you have $150k at Chase and $150k at a local bank, you're covered.  (You're also covered in a much larger amount - up to 1MM potentially - if you are married, as you can have a separate account each for $250k and a joint account up to $500k.) Otherwise, why do you have that much in cash?  You should invest it in something that will return more than inflation, at a minimum... Edit post-clarifications: $350k is around my level of 'Maybe, maybe not'.  You're risking $100k on a pretty low risk (assuming this isn't a small local bank, and even those are pretty low still).  In order to remove that risk you have to do something active - ie, take 100k somewhere else, open a new bank account, etc. - which isn't exactly the hardest thing in the world, but it does take effort.  Is it worth the 0.001% chance (entirely made up) you lose the 100k?  That's $10, if you agree with that risk chance.  Up to you. It wouldn't be particularly hard, though, to open an account with an online bank, deposit $100k in there in a 6 month CD, then pay the IRS from your other account and when the 6 month CD expires take the cash back into your active account.  Assuming you're not planning on buying a house in the next six months this should be fine, I'd think (and even then you'd still have $150k for the downpayment up front, which is enough to buy a $750k house w/o PMI). Additionally, as several commenters note: if you can reasonably do so, and your money won't be making significant interest, you might choose to pay your taxes now rather than later.  This removes the risk entirely; the likely small interest you earn over 3 months may be similar to the amount you'd spend (mostly of your time, plus possibly actual expenses) moving it to another bank.  If you're making 2% or 3% this may not be true, but if you're in a 0.25% account like my accounts are, $100k * 0.25% * 0.25 is $62.50, after all."}
{"_id": "427044", "title": "", "text": "You absolutely can be put in jail in America for debt... if that debt is to a government or government agency (like a municipal government). If you have unpaid court costs, fines, etc., it's common practice in most municipalities to issue an arrest warrant for those, even if non-payment is due to being indigent. In a lot of cases, even if you show up to explain why you can't pay or make a partial payment on the due date, you'll be arrested and jailed until a judge is available to hear your explanation, if one isn't available right when you go in. What's supposed to happen is that if you're indigent (can't pay), a judge will hear your explanation and, provided it's determined that you're indigent, make adjustments to what you owe (cancel or reduce the amount, extend the due date, setup a payment plan, etc.) and send you on your way. It bears mentioning that even in cases where the system works like it should, there's still a very real chance of being put in jail, which isn't harmless - people can and do lose their jobs while they're sitting in jail waiting to plead indigence to a judge. And of course, what's supposed to happen isn't what always does. The police shootings of the past couple years in Missouri have shone some light in a lot of dark corners down there, where there are, in fact, de-facto debtor prisons in many municipalities.  In addition to civil rights groups filing suit over this in many Missouri municipalities, the US Department of Justice has filed suit against the city of Ferguson over their municipal practices (including their use of the courts and jails to generate municipal revenue). Some forms of private debt (like child support) also fall under this umbrella where an arrest warrant will be issued for failure to pay for any reason, and this was determined to be a factor in the Walter Scott shooting - Walter Scott ran to avoid being put in jail over child support debt, and losing his job while in jail. The New York Times highlighted his case in an article titled: Skip Child Support. Go to Jail. Lose Job. Repeat. Rodney Scott said that he sometimes thought his brother did not do everything he could to catch up, but that Walter seemed to consider it a hopeless cause. He recalled seeing his brother plead to a judge that he just did not make enough money. \u201cHe asked the judge, \u2018How am I supposed to live?\u2019 \u201d Mr. Scott said. \u201cAnd the judge said something like, \u2018That\u2019s your problem. You figure it out.\u2019 \u201d"}
{"_id": "427051", "title": "", "text": "Friendly reminder for everyone to not reuse passwords across sites. For most people, the best solution is to use a program to remember their passwords. Personally, I'm a fan of [KeePass](http://keepass.info/), which is open source and allows you to use very high encryption. It has a password generator to create very random passwords for whatever requirements various sites have. Plugins allow KeePass to auto-fill fields in your browser. And if you put the database in your dropbox, you can access your passwords from your phone or another computer easily.  It was a bit of a pain to get set up (4 or 5 hours of resetting passwords, which I spread over 2 days), but now I'm never going back. It's so much easier."}
{"_id": "427067", "title": "", "text": "A purchase of a stock is not a taxable event. No 1099 to worry about.  Welcome to Money.SE"}
{"_id": "427076", "title": "", "text": "I would first get rid of the student loan.  This will leave you with 11K.  I would then use this to fund your ROTH.  If you are married you can put up to 5K per year each.  For any money left over, I would open a regular (not tax advantaged) mutual fund.  You can contribute half the money you were paying toward your student loans, and the other half can go to your mortgage.  Also I would look at doing a refi on your house.  You might be able to move a 10 or 15 year at your current mortgage payment."}
{"_id": "427086", "title": "", "text": "Banks are not your friends, they are not performing services for you because they like you. They are a business, and they make money by borrowing money from you at low interest and loaning it out at higher interest. They are trying to persuade you to deposit more money (however briefly) in their bank so they can loan out more money. They are probably also counting on the fact that most folks won't go to the trouble of setting up accounts at multiple banks with the interlocking automatic transfers, in order to meet the required deposit threshold. That lets them save on the interest payments to consumers that are individually tiny, but significant in the aggregate."}
{"_id": "427088", "title": "", "text": "Lucasfilm is more than just Star Wars, they also have Industrial Light and Magic (still one of the top VFX companies in the business) as well as Skywalker Sound and LucasArts, a respectable game division. Even if Lucasfilm didn't own Star Wars, they would still have enough valuable assets to justify a large purchase by Disney."}
{"_id": "427093", "title": "", "text": "I'm part way through his book Never Split the Difference. It's got some interesting insights, but oh my god is it terribly written. It is a very laborious read. Could have benefited from an editor or ghost writer to clean it up"}
{"_id": "427101", "title": "", "text": "&gt;While these workers don't need college degrees, they need at least two years of specialized training plus strong math, reading and writing skills.  Ever hear of training? How about promoting from within? Any company who doesn't hire anyone even when they need manpower because they have a set of mandatory requirements is a dumb company. They reap what they sow."}
{"_id": "427109", "title": "", "text": "\"I don't know if it's just the way it was presented on the website (the model wearing it, the pose, etc etc) but between that and what I remember as the bright blue color (the link is gone) it felt more like a \"\"frat guy dressing up\"\" than a serious banker.  Don't read into my opinion too much though.\""}
{"_id": "427110", "title": "", "text": "Unfortunately, there isn't much you can do.  If your name was on the mortgage, you owe the money, regardless of who kept the house. They can (and likely will) come after you for the money as well.  A bit late in your case, but that's why when people divorce, refinancing the house into one person's name (and the other quit-claiming their interest) is usually part of the settlement. ETA:  As others have mentioned, since you are in California, it appears that they cannot come after you for the difference."}
{"_id": "427113", "title": "", "text": "It's not that they overlook it, per se, but they were of a generation that took care of themselves and their own families. They don't think it is OK to expect the next guy to take care of them. Modern society has gotten over that way of thinking..."}
{"_id": "427114", "title": "", "text": "U.S. corporate tax rates are the [highest in the world](http://www.kpmg.com/global/en/services/tax/tax-tools-and-resources/pages/corporate-tax-rates-table.aspx), not the lowest. Politicians often rebut this fact by claiming that the U.S. has a much lower effective corporate tax rate, but they fail to account for all taxes. The marginal effective corporate tax rate in the U.S. is still [much higher](http://taxfoundation.org/article/us-corporate-effective-tax-rate-myth-and-fact) than other developed countries."}
{"_id": "427119", "title": "", "text": "There's no tax on wire transfer, but it would be easier on everyone if he would wire himself from his own account. Withdrawing money, depositing to your account and then wiring back to him may raise some flags with FinCEN and IRS with questions about money laundering or gift taxes. Why do you want to complicate things?"}
{"_id": "427145", "title": "", "text": "In Australia there are 2 type of warrants (I don't know if it is the same in the US, UK and other countries), the first are trading warrants and the second are instalment warrants. The trading warrants are exactly what it says, they are used for trading. They are similar to option and have calls and puts. As Cameron says, they differ from exchange traded options in that they are issued by the financial companies whereas options are generally written by other investors. Instalment warrants on the other hand are usually bought and sold by investors with a longer term view. There are no calls and puts and you can just go long with them. They are also issued by financial companies, and how they work is best explained through an example: if I was to buy a stock directly say I would be paying $50 per share, however an instalment warrant in the underlying stock may be offered for $27 per warrant. I could buy the warrant directly from the company when it is issued or on the secondary market just like shares. I would pay the $27 per warrant upfront, and then in 2 years time when the warrant expires I have the choice to purchase the underlying stock for the strike price of say $28, roll over to a new issue of warrants, sell it back on the secondary market, or let it expire, in which case I would receive any intrinsic value left in the warrant. You would have noticed that the warrant purchase price plus the strike price adds up to more than the share price ($55 compared to $50). This is the interest component inherent in the warrant which covers the borrowing costs until expiry, when you pay the second portion (the strike price) and receive the underlying shares. Another difference between Instalment warrants and trading warrants (and options) is that with instalment warrants you still get the full dividends just like the shares, but at a higher yield than the shares."}
{"_id": "427154", "title": "", "text": "\"I was recently at a McDonalds who had someone doing this. They were not just \"\"standing around doing nothing.\"\" They were also wiping tables, refilling number tents, delivering food, showing customers how to order and more. Efficient and most orderly visit I've had to McDonalds in a long time.\""}
{"_id": "427166", "title": "", "text": "As you know, everyone wants to know about the home construction time before buying the home. Because, it is a big investment of an amount, so we provide the best service before buy the home at the affordable price. So many our clients are very happy after taking our service.Assured Building Inspections offers every day a wide range of  a building inspection. Because, we provide full satisfaction. We are one of the most and trustable Australia's inspections service provider company."}
{"_id": "427175", "title": "", "text": "No credit bureau wants incorrect data, for obvious reasons, but it happens. That's one reason why they let you get access to your credit score, to check it the data is correct and make the 'product' (data about you) better.   Nope, that's not why you can get free access to your credit report.  The Fair Credit Reporting Act (FCRA) is why.  FCRA requires any credit reporting agency to provide you a free report upon request every 12 months.  Prior to this law, credit agencies made you pay to see your report including if you wanted it to dispute errors.  They only care about the dollars they get from having this data. FCRA removed one of their revenue streams.  If free locking moves forward, that will remove another. So expect them to fight it."}
{"_id": "427177", "title": "", "text": "\"I'd hope so.. But...  This says otherwise? https://en.m.wikipedia.org/wiki/Regulation_and_licensure_in_engineering#Canada  Maybe \"\"software\"\" engineer specifically isn't protected? But I can't seem to find s list of protected titles ATM...  It would certainly make a lot more sense because some of those postings don't specify engineering degrees\""}
{"_id": "427202", "title": "", "text": "If i am not wrong, any business activities such should be declared on Year End Tax filing. If your friend is going to own that website either it is commercial or nonprofit, he has to declare in the year end taxation."}
{"_id": "427206", "title": "", "text": "Pay off your highest-interest debt first: credit card, car, maybe even mortgage. Pay minimums on all else. Student loans are typically low interest, so pay off anything else first, but double-check your rate of course.  Even if you have no other debt, you may still want to hang on to your savings instead of paying down your student loans if getting rid of your savings causes you to accrue debt. For example, if you have a low income and no savings, you may accrue credit card debt (high interest). Or you may want to buy a car with cash instead of getting a loan. Even if this is not an issue, consider what you can do with your savings that others who lack them cannot do. You can put it into mutual funds, which may offer higher rate of return (albeit with risk) than your student loan interest. Or you may pay a down payment on a home. The very low interest rates of student loans are, to a person with savings, essentially a source of cheap money that doesn't need to be justified to a bank. You can use it as seed money to start a business, as funds for travel, for living expenses while in the Peace Corps, or whatever else. But if you pay down that principal, you bind yourself. In short, pay down your student loans when there is no better use for the money."}
{"_id": "427212", "title": "", "text": "I absolutely LOVE Taco Bell's marketing department. Like they took the term polish a turd to the next level. I follow them on twitter, like them on Facebook, get their snapchats, shit I even won a taco shirt from them by doing some online scavenger hunt bullshit. I don't even love their food, in fact I think a Chick Fil A grilled chicken sandwich blows away anything on their menu. They've just found this way to come off as your bro by giving you this food thats cool and cheap and edible. And they're social media platforms are actually FUNNY. I don't know how they did it, but they're an incredible company and a totally different company since when I was a kid and they had those dog commercials."}
{"_id": "427229", "title": "", "text": "Long time Quicken user, but I have Bootcamp on my Mac, and one reason is so I can run Quicken Windows. That's one solution. You didn't mention what version of the Mac OS you're running, but Bootcamp is one alternative if you have (or can purchase) a Windows license. Be advised, Bootcamp 4, which is available with OS 10.7 (Lion) and OS 10.8 (Mountain Lion), officially supports Windows 7 only. Quicken running under Bootcamp isn't perfect, but it's better than any Mac version, and Quicken 2013 has a mobile app that allows you to view your data & enter transactions via your mobile. The Mac Version of Quicken has been panned by users. I do use Windows for work-related stuff, so I have a reason for running Windows besides using Quicken. I've read that Intuit has a market share of more than 70% in the personal finance software sector, and at this point it seems pretty clear that they are not interested in pursuing a larger share via Mac users. So if we ever see a highly functional version of Quicken for the Mac OS, it won't be any time soon. I've not used other products, but there are many reviews out there which rank them, and some consistently come to the front. Top 10 Reviews Mac Personal Finance Software 2013; WeRockYourWeb Personal Finance Software Rankings includes many Web-based alternatives; Personally, I'm not real enthusiastic about posting my personal financial data on someone's Web site. I have nothing to hide, but I just can't get comfortable with cloud-based personal finance software providers that are combing through my data, Google-like, to generate revenue. Too, it seems an unnecessary risk giving a third party a list of all my account numbers, user names, and passwords. I know that information is out there, if one has the right sort of access, but to my way of thinking, using a cloud-based personal finance software application makes it more out there."}
{"_id": "427230", "title": "", "text": "The same could be said about the middle class person buying a brand new Toyota or whatever then neglecting the fuck out of it and talking shit about how much they hate it when the person at the bottom of the totem pole got their car for $100 and with they could buy a new car. Value is subjective man \u00af\\_(\u30c4)_/\u00af"}
{"_id": "427240", "title": "", "text": "Because the people who own the machines aren't going to just give their product away for free to the now unemployed. Similarly for those creating food, water, etc. Yes, in the long term all will be at equilibrium as prices come down so that supply can meet demand, but in the short term, there will be a hell of a lot of unemployed unable to afford to live.  Why do people always assume technology or some change in the underpinnings of society will make unemployment a non-issue?"}
{"_id": "427256", "title": "", "text": "\"It's about god damned time. I feel like American cell phone companies have been purposely keeping speeds slow so they can later get people to upgrade to \"\"super fast 4g service\"\" that the rest of the world considers average. It's like they've been keeping the bar set so low for so long to reduce consumer expectations, and then they overcharge for speeds that are normal for other parts of the world.\""}
{"_id": "427270", "title": "", "text": "I understand $14k/yr $5.4M max This isn't the right way to say it.  Your dad has a $5.4 million estate tax exclusion that can be used for gift tax.  In addition to that (not instead or as part of), he and his wife each have a $14k/year gift tax exclusion.  So if you aren't paying for two years from today, you actually have three years of gift tax exclusion:  2017; 2018; 2019.  So that's 3 * 2 * $14k = $84k that he (and his wife) can give you without using any of the estate tax exclusion.  But  I give my cousin/dad $430k from the mortgage According to this, you don't want your dad to give you any money.  You want to pay the entire $430k.  In that case, don't file gift tax forms.  He's not giving you money.  He's loaning you money.   I agree with the others.  The cleanest solution is for your cousin to loan you money to buy the house from your dad.  Pay a lawyer (or have your cousin/dad do it) so that it's legally written as a mortgage and you can get your interest deduction.  You start paying off the loan in two years.  Until then, interest accrues.  So instead of a $430k debt, you'd owe something like $470k.  Maybe more if your cousin pays the property taxes as well.   Your cousin is out $430k plus possibly property taxes, but apparently he can afford that.  You have a house and a mortgage.  Your dad has money to buy his Florida house.   Note that if your dad wanted to give you money, he could.  He could collect $346k from you (borrowed from your cousin) and give you $28k equity immediately and then two more payments in 2018 and 2019.  But that assumes that $346k is enough for him to buy his Florida house.  If not, just do the mortgage.  He can give you money by check which you can send to your cousin if he wants to do that."}
{"_id": "427283", "title": "", "text": "FHA doesn't have PMI which stands for Private Mortgage Insurance. MI for Mortgage Insurance is the generic name. FHA has MMI or Mutual Mortgage Insurance. With PMI you can apply to have it removed if the value of your home increases in value. With MMI (from FHA) that is not possible.  The current FHA rules are here 1.  For your case, 85% LTV: the rule is no longer, PMI ends when you hit the 78% mark. It is you must pay 11 years PMI for a 30 mortgage with a 78% to 90% LTV. The current rules took effect June 3rd, 2013.  1. Note that many websites, including Wikipedia, have not been updated to reflect the current rules."}
{"_id": "427290", "title": "", "text": "Science is a methodology to understand the truth. When faced with evidence  that that go against your belief you change your belief to fit those facts. You doesn't try and ignore them. You don't look harder at studies you disagree with then those you agree with you look harder at all of them.   Cherry picking evedence and putting science in air quotes is not how you base your argument in science.   And if you don't care about the science then don't try to use science as evidence to prove your predispositions and beliefs.   There is very little evidence that a certain balanced diet is better or worse for you than any other balanced diet.  The only real evidence is that missing key nutrients is bad for you along with an over abundance of sugars and fats is bad for you. If your opinions are any stronger than that your practicing belief not science.  If you want to be anti meat then take this approach to your argument and say meat is bad for the environment. There is plenty of evidence is there for that. But there is very little to say eating meat is bad for you. If anything meat is one of the best things for humans to eat. Way over grains and sugars."}
{"_id": "427291", "title": "", "text": "\"**Chaebol**  A chaebol ( TCHAY-bol;  JEH-b\u0259l; from Korean jaebeol [t\u0255\u025b\u031d.b\u028cl]) is a South Korean form of business conglomerate. They are typically global multinationals and own numerous international enterprises, controlled by a chairman with power over all the operations. The term is often used in a context similar to that of the English word \"\"conglomerate\"\". The term was first used in 1984.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "427300", "title": "", "text": "I think you may be confused on terminology here. Financial leverage is debt that you have taken on, in order to invest. It increases your returns, because it allows you to invest with more money than what you actually own.  Example: If a $1,000 mutual fund investment returns $60 [6%], then you could also take on $1,000 of debt at 3% interest, and earn $120 from both mutual fund investments, paying $30 in interest, leaving you with a net $90 [9% of your initial $1,000]. However, if the mutual fund 'takes a nose dive', and loses money, you still need to pay the $30 interest. In this way, using financial leverage actually increases your risk. It may provide higher returns, but you have the risk of losing more than just your initial principle amount. In the example above, imagine if the mutual fund you owned collapsed, and was worth nothing. Now, you would have lost $1,000 from the money you invested in the first place, and you would also still owe $1,000 to the bank. The key take away is that 'no risk' and 'high returns' do not go together. Safe returns right now are hovering around 0% interest rates. If you ever feel you have concocted a mix of options that leaves you with no risk and high returns, check your math again. As an addendum, if instead what you plan on doing is investing, say, 90% of your money in safe(r) money-market type funds, and 10% in the stock market, then this is a good way to reduce your risk. However, it also reduces your returns, as only a small portion of your portfolio will realize the (typically higher) gains of the stock market. Once again, being safer with your investments leads to less return. That is not necessarily a bad thing; in fact investing some part of your portfolio in interest-earning low risk investments is often advised. 99% is basically the same as 100%, however, so you almost don't benefit at all by investing that 1% in the stock market."}
{"_id": "427311", "title": "", "text": "Assume you're asking about things like the Consumer Price Index?  Different countries have different approaches.  If they're honest, then the statistical sampling is conducted independently and consistently, with a clear publication schedule, and - as littleadv answered - by the men with clipboards. It is that publication schedule which leads to a little flurry of speculation as investors try to guess what unemployment, growth or inflation figures may be immediately prior to release. For many countries, such inflation measurement is entirely political, and so the statistical sampling is anything but honest or consistent.  Argentina's official inflation rate, for example, is 9.7% but analysts regard the real inflation rate as closer to 25%.  Places like Venezuela, Zimbabwe, Iran and even Egypt (prior to their revolution, who knows now) all manipulate statistics to portray their countries' economies in a better light. However, even in the US where the Bureau of Labour Statistics (BLS) has been nominally independent for over a century, the choice of what to include in the Consumer Basket (the official basket of items chosen to reflect cost-of-living, and measured by the men with clipboards) is not always honest.  For 30 years the US basket has excluded house prices, because they were too volatile.  Enter house-price credit disaster..."}
{"_id": "427322", "title": "", "text": "\"Charitable donations can be deducted from your income, and in that way make your taxable income lower, hence lower taxes. That's the meaning of \"\"tax deductible\"\". As to \"\"if I donate it then the money will be given right to the charity instead of spread out to many other places\"\" - taxes are being used by the government based on its own decisions (presumably made by elected officials thus representing the will of the voters). Charities use the money based on their defined goals. Giving money to a charity will ensure it is used for the specific goal the charity declared, and that's the way for you to funnel money to the goals of your preference/choice. For example, you can donate money to your temple, orphanage around the corner, or the gay rights organization. Or anti gay, for that matters. Your money will be spent on the goals of your choosing. Re advantages - charitable donations are used by the rich folks to avoid paying taxes on their income (because they're deductible), so someone might donate money to places they use themselves (like the temple/church for example, or the school where the kids go, or politician which will \"\"objectively\"\" choose someone's business for a big government contract, etc etc). For \"\"ordinary\"\" people it's a way to reduce the taxable income and divert the money to the specific goals of their choice. For example, donating $100 to Red Cross Japan Tsunami relief fund, will reduce your taxable income by $100, and total taxes by $28 (assuming you're in the 28% bracket), thus the $28 will go to the specific goal your choose instead of the general taxes.\""}
{"_id": "427327", "title": "", "text": "\"Actually, the main reasons to put incomptent people in certain roles are:  1. They will never advance and be a threat to your job.  2. They will cause problems, so you will need to hire more people to \"\"manage\"\" and fix issues.  3. They will accept the job despite you underpaying them. A real skillful person will not take an underpaying job.  4. You have no choice because HR \"\"calculated\"\" how much will be the salary for the job and you know that it has to be at least 50% more to get a person who knows the job. (I know that from experience, hiring many people to work for me.)\""}
{"_id": "427338", "title": "", "text": "This is also an opinion, the iPhone makes up too much of the company's total revenue.  Last quarter results were very well received because of the somewhat dramatic increase in service revenue indicating that maybe the company can shift from relying so heavily on the iPhone.  As it stands, Apple is a single product company and that hinders long term prospects, hence the relatively low multiple. And the company has missed estimates, in fact one of those large dips was an earnings miss.  Additionally, if you're looking at the charts another one of the recent dips was likely caused by the brexit vote because everything was clobbered for a couple of days after that."}
{"_id": "427350", "title": "", "text": "You've got two main options, in my opinion:  1. Don't take the job and hustle to get into the front office off the bat.  2. Take the job, but after a little bit work your ass off to re-brand and get into the front office (of another employer). This could mean going back to school, for example."}
{"_id": "427353", "title": "", "text": "So the problem is with universities that grant accounting degrees to people who are incompetent at accounting, right? And the universities giving out these degrees are pretty much all universities if we can assume that most businesses with more than twenty employees contract an accountant to at least check up on their bookkeeping."}
{"_id": "427365", "title": "", "text": "What you want is a position transfer, likely by ACATS.   This is a transfer from one IRA to another without having to liquidate positions to do so.  In effect, the brokerage firm is just transferring records from your existing IRA to your new IRA.  You will need to watch out to make sure your new IRA account can hold your positions for this to work.  For example, some brokerages allow you to hold fractional shares but others don't.  (The fractional share amounts would be sold automatically prior to transfer.)  Another example might be different fund families could be allowed between different brokerages. The general process is open your new IRA account, initiate the ACATS xfer from your new account, your old IRA account brokerage sends the positions over, and after a week or so your new IRA brokerage notifies you that everything is transferred. I've switched IRAs a couple times via this mechanism and never been charged a fee, but I've always stuck with the larger brokerages like Fidelity, TD Ameritrade, and Interactive Brokers."}
{"_id": "427370", "title": "", "text": "Absolutely nothing, and it's not their call to make.  The shareholders will want to cut it into as many parts as they  can sell to recoup some of their lost investment. The judge will demand it even if they suddenly had a moral thought.  This will happen when this (and all those other companies) go under, refocuses priorities, or shuts down departments."}
{"_id": "427383", "title": "", "text": "I hear the idea that TV has turned to crap a lot, but I don't really buy it.    I agree that TV is crap, but I think it's *always* been crap; we just didn't  notice, because it was all there was.   The internet gives us access to so much that the standard deviation of quality becomes larger, and the fact that the TV industry was never really that good to begin with has become more readily apparent.     It's sort of the same reason you find both the shortest &amp; tallest people in China- the population is bigger, so the standard deviation of height is just statistically larger."}
{"_id": "427387", "title": "", "text": "\"A \"\"target\"\" school is just a school that a particular business has \"\"targeted\"\" for recruitment.  Some businesses, for example, have long histories of recruiting at certain schools, even though those schools might not be from the traditional Ivy League.\""}
{"_id": "427391", "title": "", "text": "Normally if you sublet your apartment, the landlord would pay you back the security deposit and the new tenant would need to pay a new security deposit to the landlord. (In my experience)  You never want to get in a situation where something like this happens. This is not normally how sublets are structured."}
{"_id": "427410", "title": "", "text": "Are you geometrically linking the spot rates for each spot period over of the next year? I.e. are you looking at the spot strip, or just taking today's spot rate and annualizing it?  If you are looking at the spot strip, then a YTM for a bond maturing in one year should equal the return from investing in rolling one month spot rates for the next year - more or less. If this variance is large, then there is scope for arbitrage."}
{"_id": "427411", "title": "", "text": "The points given by DumbCoder are very valid. Diversifying portfolio is always a good idea. Including Metals is also a good idea. Investing in single metal though may not be a good idea.   \u2022Silver is pretty cheap now, hopefully it will be for a while. \u2022Silver is undervalued compared to gold. World reserve ratio is around 1 to 11, while price is around 1 to 60. Both the above are iffy statements. Cheap is relative term ... there are quite a few metals more cheaper than Silver [Copper for example]. Undervalued doesn't make sense. Its a quesiton of demand and supply. Today Industrial use of Silver is more widespread, and its predecting future what would happen. If you are saying Silver will appreciate more than other metals, it again depends on country and time period. There are times when even metals like Copper have given more returns than Silver and Gold. There is also Platinum to consider. In my opinion quite a bit of stuff is put in undervalued ... i.e. comparing reserve ratio to price in absolute isn't right comparing it over relative years is right. What the ratio says is for every 11 gms of silver, there is 1 gm of Gold and the price of this 1 gm is 60 times more than silver. True. And nobody tell is the demand of Silver 60 times more than Gold or 11 times more than Gold. i.e. the consumption. What is also not told is the cost to extract the 11 gms of silver is less than cost of 1 gm of Gold. So the cheapness you are thinking is  not 100% true."}
{"_id": "427442", "title": "", "text": "There are two parts in this 1042-S form. The income/dividends go into the Canada T5 form. There will be credit if 1042-S has held money already, so use T2209 to report too."}
{"_id": "427452", "title": "", "text": "&gt;  My point is that we need to address the economic slowdown before the spending crisis  I agree with you.  Suppose nothing worse happens, (the Euro doesn't fail, China doesn't go into recession, we don't have all-out war in the Middle East) and we just sputter along as we've been going.   It will take another 5 years or so for the employment rate to get decent.  Meanwhile, there will have a large underclass than will have been unemployed for almost a decade and may be permanently unemployable.  We'll have another ~8 trillion in debt.    Let's (re-)build the roads that are falling apart, the railways, the bridges, the water systems.  Repair the aging school buildings.  Start an urban CCC, one that goes into decaying urban neighborhoods and tears down the worst of the houses and repair the ones that are in tax default, renting them out with the CCC workers getting first dibs."}
{"_id": "427464", "title": "", "text": "Sorta. Though it's not every American - just the ones needing healthcare (don't know what percentage that is, but I have not seen a doctor in ten years). It IS enough to bribe the hell out of congress, though, and maintain the current system of keeping insurers between doctors and patients as parasitic gatekeepers."}
{"_id": "427469", "title": "", "text": "If significant amounts are involved, that would be a good time to consult a tax professional (EA/CPA licensed in your state).  Generally, sale of a business is an ordinary income and you can only deduct tangible expenses, as Joe said. That would be laptops, bills, expenses per receipt, of course they must all be directly attributable to the business. You will need to be able to show that the laptops has only been used in business, recapture depreciation, etc. Same with all the rest of the expenses. If you're incorporated (i.e.: you hold this software under an S-Corp), then you're selling stocks, not business, and the tax treatment may be different, but I'm guessing this is not the case for you."}
{"_id": "427472", "title": "", "text": "First, welcome to Money.SE. If you are interested in saving and investing, this is a great site to visit. Please take the tour and just start to read the questions you find interesting.  1 - even though this is hypothetical, it scales down to an average investor. If I own 1000 shares of the 1 billion, am I liable if the company goes under? No. Stocks don't work that way. If all I have is shares, not a short position, not options, I can only see my investment go to zero.  2 - Here, I'd ask that you edit your country in the tags. I can tell you that my newborn (who is soon turning 17) had a stock account in her name when she was a few months old. It's still a custodian account, meaning an adult has to manage it, and depending on the state within the US, the age that it's hers with no adult, is either 18 or 21. Your country may have similar regional rules.  Also - each country has accounts specifically geared toward retirement, with different favorable rules regarding taxation. In the US, we have accounts that can be funded at any age, so long as there's earned income. My daughter started one of these accounts when she started baby sitting at age 12. She will have more in her account by the time she graduates college than the average retiree does. It's good for her, and awful for the general population that this is the case."}
{"_id": "427475", "title": "", "text": "Your wedding day is your very own fairy story, and fairy tales are frequently set in the maximum lovely of places. We concentrate on destination wedding cinematography and we realize how a great deal you have spent to ensure that your day is best. So we take pride in touring to seize the perfection in your day of love, pleasure and birthday celebration, accented by way of the perspectives and elaborate information of the wedding preparation and wedding videos. Whether it's an intimate seaside wedding ceremony with your entourage barefoot on the warm sand, or a chic affair under the celebs in a garden wedding ceremony."}
{"_id": "427505", "title": "", "text": "I'm glad that you feel like being fair and equitable to your party. Other answerers are, of course, correct that being fair and equitable to your girlfriend is not in your best interests but that's not what you're trying to do here and I commend you for it. There is nothing that stops you drawing up a simple legal contract giving your girlfriend a share of the value of your house in return for her payments. Just get it signed and witnessed and checked over by a legal representative. You can include reasonable terms for the money to be paid back if you separate - perhaps when you sell the property or within two years of the breakup - that don't put you in immediate danger of losing the property. Just make clear that this contract is between you and her for a sum of money linked to the value of your house; it does not establish any legal claim on your house itself. A reasonable level for her to claim the property would be one half of the change in equity between when you start joint paying and when you separate - should that happen."}
{"_id": "427506", "title": "", "text": "Depending on where you live I would go to meet ups in your industry. I live in New York and we have meet ups every night for digital businesses/agencies. Online works great but you can do both by meeting and networking in person and getting their digital information. Best of luck to you!"}
{"_id": "427522", "title": "", "text": "\"Having just gone through selling a car, I can tell you that CarMax will most likely not be the best solution. I recently sold my '09 Pontiac Vibe which had a KBB and Edmonds value (private party sale) of around $6k. Trade-in value was around $4,800. I took it to the local CarMax for a quote, and they came back with $3,500.  Refinancing is tricky. Banks have a set limit on how old a car they will finance. Many won't even offer financing if the vehicle has over 100k miles. We looked at refinancing our other car, and even getting the APR down over a point we would only have saved $15/mo or so. Banks typically offer much higher interest rates for used non-dealership cars and refinancing than they do for new cars, or even used cars purchased from a dealership. Assuming you have 2-3 years left on your loan, I don't think that refinancing would save you enough to be worth considering. CarMax sells cars in 1 of 2 ways. They are also up front with you about the process. They do not reference KBB or Edmonds or any other valuation tool other than their own internal system. They either take the car, spruce it up a bit, then resell it on their lot, or they sell it at auction. If they determine your car will be sold at auction, then they will offer you a rock bottom price. The determining factors that come into play include age of the car, mileage, and of course overall condition. If you Mini is still in good shape and doesn't have a lot of miles, then they may try to resell it on their lot, for which they could offer you closer to personal-sale price than trade-in. How many 2007's are for sale in your area? How much are they selling for? I did sell them a truck back in 2005 and received $200 more than KBB valued it for, but it was in great shape, only a couple of years old, relatively low mileage, and it was in high demand. God bless the South and their love for trucks! I ended up selling my Pontiac to another local car dealership. They offered me $5,300 (after negotiating, leaving the dealership, then negotiating more over the phone). It took me a day and a half and really very little effort. I have several friends that have gone through the same thing with selling cars, and all have had similar luck going to other dealerships, where prices can be negotiated, rather than CarMax.  CarMax has no incentive to \"\"settle\"\" or forgive your loan. If you really want to pay it off, save up what you believe the difference will be, then shop your car around the local dealerships and get prices for your Mini. Remember that dealers have to turn a profit, so be reasonable with your negotiation. If you can find comparable vehicles in your area listed for $X,000 then knock $1,500 off that price and tell the dealerships that's what you want.\""}
{"_id": "427525", "title": "", "text": "Applebees went to crap in the recession.  Raised prices but didn't improve quality to match the restaurants that were charging those prices.  Now local bars tend to be cheaper than Applebees for better food, with better drink specials.  Nobody is going to Applebee's at 11pm to socialize at a tiny bar in a restaurant that is dead empty."}
{"_id": "427535", "title": "", "text": "Buy one and use it but never spend more than you can pay off at the end of the month.  Also, remember that the length of credit affects your rating too, so don't go canceling cards and/or getting new ones every time a new gimmick comes along."}
{"_id": "427536", "title": "", "text": "I read this story last night and it made me laugh. I don't drink their beer. The best beer is locally produced by small private breweries who have no intention of going public. They aren't going anywhere. In fact, they are growing bigger. A lot of people love bland beer. If you like flavor, turn to a local brewpub! Given the choice of Budweiser and American made Spaten, I choose red wine! I would rather drink a bad red wine then a bad beer."}
{"_id": "427545", "title": "", "text": "Here at Rowanbank Financial Consultants Limited, we can help you deal with various financial matters. We are professionals when it comes to retirement, business protection, investments, and much more. To make sure that we can address all your needs, we will work closely with you and even perform annual client reviews. Visit our website today at https://rowanbank-ltd.co.uk/ for more information."}
{"_id": "427548", "title": "", "text": "You should do both: Contact the bank abroad and tell them the payment may have been misdirected and ask what they can do to trace or recall the payment. Contact HSBC, show them the sheet with the incorrect details, and ask them to help you fix the problem. International payments are generally hard to trace and fix so it's important to get things going from both ends as soon as possible. Make sure you keep the sheet or a copy of it so you have evidence you can use later if it comes to a dispute with HSBC. Keep any other documentation or letters you get from them. Also, if you're not already doing it, start keeping notes of what's happening as it happens so you have a contemporaneous record of events - those are generally much more convincing to other people than anything that was constructed from memory a long time after the event."}
{"_id": "427579", "title": "", "text": "To give you an idea, HBS will often do interviews at McKinsey offices. Accounting has nothing to do with what we're talking about and the pay grades are completely different. A partner at KPMG or PWC is going to make as much as some 5 years out in a good investment bank."}
{"_id": "427589", "title": "", "text": "http://www.bills.com/private-student-loan-settlement/ Here is a page that seems to have specific advice on the matter.  This site speculates that even though the private loan industry does not have to settle (and the private student loans, like federal loans cannot be discharged with a bankruptcy) they sometimes will anyway. http://www.huffingtonpost.com/2012/08/14/private-student-loans-bankruptcy-law_n_1753462.html ...   If she could file bankruptcy to erase the private student loan debt   she owes to Sallie Mae, she would. But because of a 2005 reform law,   private student loans cannot be discharged in bankruptcy, except in   extremely rare cases.  ... The advice that works for you is the same advice with negotiating any debt.  Get it in writing that the amount will constitute payment in full.  Be sure that the written agreement makes some mention of how they will report it on your credit.  (You are going to take a credit hit if you settle, but time will heal that.) The best plan is to pay, but if you can't, and you can honestly prove you can't, the debt collection company would be foolish to not take a settlement.  They can wait around forever and sue you, add penalties and fees, but if you cannot pay, you cannot pay.   I am going to guess because you are dealing with a debt collector, they are less vested in collecting the full amount.  So get that settlement offer in writing.  And don't be too much of a hard core negotiator.  The power is all on their side.  You will likely have to appeal to the greed of the collection company to succeed.  Hope they would rather have $.50 today than $1.25 tomorrow."}
{"_id": "427592", "title": "", "text": "Oh, geez, well-regarded arguments against investing, hmm? Well, I have a couple. They're not against investing per se. They're asking about your priorities and whether you might have something better to do than inevesting: And he spake a parable unto them, saying, The ground of a certain   rich man brought forth plentifully: and he thought within himself,   saying, What shall I do, because I have no room where to bestow my   fruits? And he said, This will I do: I will pull down my barns, and   build greater; and there will I bestow all my fruits and my goods. And   I will say to my soul, Soul, thou hast much goods laid up for many   years; take thine ease, eat, drink, and be merry. But God said unto him, Thou fool, this night thy soul shall be   required of thee: then whose shall those things be, which thou hast   provided? So is he that layeth up treasure for himself, and is not   rich toward God. -- Luke 12:16-21 Christian or otherwise, there may be better things for you to do with your excess cash - indeed, with your life - than simply invest it to bring yourself more money. Many people find charitable contributions more important than spending a little more money on themselves (immediately or in the future). Of course, you will need to decide what these things are that matter to you. Perhaps you would like to contribute to traditional charities. Perhaps you would like to fund education, or a religious organization, or the Democratic Party, or the Republican Party, or the Libertarian Party, or the Green Party, or the Tea Party, or Occupy Wall Street. Perhaps you'd like to fund research into something. Perhaps you simply have friends and family that you want to make happy. Perhaps a small vacation to spend time with family is worth more to you now than the investment returns will be worth later. Moreover, note that economic decisions like this are made on the margin - it's not so much a question of whether you invest at all, but whether you should invest more or less, and spend/donate more or less. I made me great works; I builded me houses; I planted me vineyards:      I made me gardens and orchards, and I planted trees in them of all   kind of fruits:    I made me pools of water, to water therewith the   wood that bringeth forth trees:    I got me servants and maidens, and   had servants born in my house; also I had great possessions of great   and small cattle above all that were in Jerusalem before me:       I   gathered me also silver and gold, and the peculiar treasure of kings   and of the provinces: I got me men singers and women singers, and the   delights of the sons of men, as musical instruments, and that of all   sorts. So I was great, and increased more than all that were before me in Jerusalem: also my wisdom remained with me.     And whatsoever mine   eyes desired I kept not from them, I withheld not my heart from any   joy; for my heart rejoiced in all my labor: and this was my portion of   all my labor.      Then I looked on all the works that my hands had   wrought, and on the labor that I had labored to do: and, behold, all   was vanity and vexation of spirit, and there was no profit under the   sun. -- Ecclesiastes 2:4-11 Because in the long run, we're all dead. Anywho! It's all a matter of returns and risk analysis. Even spending on yourself and charitable giving can be thought in these terms (the returns are not 'more money', so they may be harder to analyze, but they're important too)."}
{"_id": "427604", "title": "", "text": "Jamie Dimon, calling bitcoin a fraud for price bubbling is hilarious considering JP Morgan literally got bailed out by US tax dollars for investing in trash mortgage loans. Ok.  Knocks aside, I'm just buying low. The problem with financial analysis on bitcoin is that inevitably, financiers don't know anything about computer science, and they aren't in the business of making applications. Bitcoin is an application of an interesting concept: the distributed ledger, and the ability to have a distributed ledger verify and lock the ledger. The problem with this analysis is that he doesn't have application knowledge to infer the positive externalities of having a distributed ledger, and most of those use cases for the applications are in their infancy, or haven't been though of yet. Blockchain is an idea that can later power other tools. It's like when the Microsoft CEO said Apps aren't useful on phones. He didn't see the big picture, because the use cases weren't defined yet, and the same thing is going on here. We haven't really fleshed out all the possible use cases of a distributed ledger with a decentralized oracle.  Does it work for payments? Yes, bitcoin is proof of that, and the fact that it's been bailed out a total of zero times by American taxpayers is so far a strong indicator that it works. Are there other applications that are being developed? Yes. Are there some applications out there that are absolute shit? Yes. Are there some applications out there that are absolute gold? Yes."}
{"_id": "427610", "title": "", "text": "\"Honestly, i've jokingly characterized myself in the past as \"\"anti-death\"\" but it is, to an extent, true. I am, in a moral sense, a Utilitarian: Most good for the msot people, and all that. I consider death to be the last form of suffering we must eliminate.\""}
{"_id": "427629", "title": "", "text": "In general, the goal of an S&P 500 index fund is to replicate the performance of the S&P 500 Index.  To do this, the fund will buy the same stocks in the same proportions as the weighting of the Index. The S&P 500 Index is free-float capitalization weighted.  This means that the higher capitalization stocks (based on publicly traded shares only) are more heavily weighted and factor into the Index value more heavily than the smaller capitalization stocks, or the stocks that have a smaller publicly traded value.  For example, companies like Apple, ExxonMobil, and Microsoft have a much larger weight in the index value than smaller companies. Alternatively, there are some S&P index funds that are equal-weighted.  In these funds, the managers have chosen to purchase all 500 of the stocks in the index, but in equal proportions instead of the weighted proportions of the index.  These equal-weighted funds will not as closely match the index price as the traditionally weighted index funds.  Instead, they might do better or worse than the index, depending on how the individual stocks do. You'll need to look at the prospectus of the index funds you are interested in to see which approach the fund is taking."}
{"_id": "427631", "title": "", "text": "In addition to having separate income for federal and state tax purposes, things can get really complicated if you ever have capital gains and losses. Suppose you sell taxable stocks for a loss of $5000, and meanwhile, have capital gains of $1000 in your HSA. From the federal perspective, the gains in the HSA don't exist, so you deduct $3000 of the loss, and then carry over the remaining $2000. However, from the state perspective, $1000 of the capital loss went to canceling out the gains in the HSA. Therefore, you only carry over $1000. Assuming you continue to have losses and gains, this will carry on forever. You'll have to track completely independent sets of gains and losses and carryover losses for federal and state purposes forever, even if you no longer use the HSA. Therefore, I'd recommend not investing HSA proceeds at all if you live in a state that doesn't recognize HSAs. It's just too complicated to be worth it, especially since your provider won't track any of this for you."}
{"_id": "427650", "title": "", "text": "Just because it requires a degree doesn't mean it takes a skill. She has a degree in molecular biology. She doesn't use this knowledge to cut leaves in 1 inch squares and put them in a tube. Driving and using a boom to clean 3rd story windows takes a skill. You're just ignorant as fuck. They both work hard and both deserve a good paycheck."}
{"_id": "427666", "title": "", "text": "I wouldn't be surprised if manufacturers respond well when they're promised Amazon can increase ~~drug addiction~~ ~~drug dependency/reliance~~ demographic expansion.  Downward pressure on prices can make people a little crazy, especially when consumption-based economies, economies of scale, next-day delivery slam into each-other at 88 miles/hour."}
{"_id": "427672", "title": "", "text": "Funds from NRO account can be moved to NRE account subject to conditions that the overall limit is less than 1 million USD. There are additional documentation required, refer a sample here. Please consult a CA or your bank for more details."}
{"_id": "427674", "title": "", "text": "\"I am guessing that when you say \"\"FRENCH40\"\" and \"\"GERMAN30\"\" you are referring to the main French and German stock market indices.  The main French index is the CAC-40 with its 40 constituent companies. The main German index is the DAX, which has 30 constituents.  The US30 is presumably the Dow Jones Index which also has 30 constituents. These are stock market indices that are used to measure the value of a basket of shares (the index constituents).  As the value of the constituents change, so does the value of the index. There are various financial instruments that allow investors to profit from movements in these indices.  It is those people who invest in these instruments that profit from price movements.  The constituent companies receive no direct benefit or profit from investor trading in these instruments, nor does the government.\""}
{"_id": "427707", "title": "", "text": "The 'appropriate' amount of cash/bonds to hold will be largely a matter of opinion, but here are the general reasons why having at least some is a good idea: Cash is very liquid, and bonds are often mostly liquid. This means you can access them very quickly, without taking on losses. To get the most liquidity out of your bonds, you can do what is called 'laddering'. This means that you take out different bond amounts with different maturity dates, and periodically renew them on a schedule, so that you always have some bonds maturing, which you can access without paying an interest penalty. You can look this term up online for more details. Cash and bonds are low risk. If you have absolutely no low-risk assets, then in the event of, say, a market crash, you may have no savings to fall back on. By owning some bonds, and some equities, you are able to earn a modest return, without being too risky. However, note that some bonds are just as risky as equities - any bond which pays an abnormally high interest rate does so because the entity backing the repayment (government, company, whomever) is thought to not be guaranteed to be able to do so. The 25% figure given by your author is his opinion on the appropriate mix of cash/bonds to equities, but there are many views on the matter. Consider that any 'rule of thumb' in personal finance should be for general consideration only."}
{"_id": "427713", "title": "", "text": "The big one is to keep you from refinancing it with someone else to get a better rate. There may also be some funny-money reasons having to do with being able to count this as a new sale."}
{"_id": "427726", "title": "", "text": "While on the surface it may seem that the warrant you described is trading below intrinsic value, there are many reasons why that might not be the case. It's more likely that you are lacking information, than having identified a derivative instrument that the market has failed to reasonably price. For instance, might there be a conversion ratio on the warrants other than the 1:1 ratio that you seem to be assuming? Sometimes, warrant terms are such that multiple warrants are required to buy one share of stock. Consider: The conversion ratio is the number of warrants needed in order to buy   (or sell) one investment unit. Therefore, if the conversion ratio to   buy stock XYZ is 3:1, this means that the holder needs three warrants   in order to purchase one share. Usually, if the conversion ratio is   high, the price of the share will be low, and vice versa. (source) Conversion ratios are sometimes used so that warrants can be issued on a 1:1 basis to existing stockholders, but where the potential number of new shares to be issued is much less. Conversion ratio is just one such example that could lead to perceived mispricing, and there may be other restrictions on exercise. Warrants are not issued by an options exchange using standardized option contract terms, and so warrant terms vary considerably from issuer to issuer. Even series of warrants from the same issuer may have differing terms. Always look beyond any warrant quote to find a definitive source of the warrant's precise terms \u2014 and read those terms carefully before taking any position."}
{"_id": "427727", "title": "", "text": "I've given up on trying to understand how the allowances correspond to my number of dependents.   What I do instead to achieve the same end goal of having the right amount of money withheld is using a paycheck calculator. If I get paid 24 times a year (twice a month) and I figure I'm going to owe about $6,000 of taxes, then every paycheck needs to have $250 of federal tax withheld from it to make sure I am covered. Go to the paycheck calculator and play with the allowance numbers until you get $250 as the federal tax withheld and then submit a new W4 to your employer. This is the only reliable way I've found to figure this out on my own.  Because my calculations are done in dollars instead of exemptions, etc. and my taxes do not wildly fluctuate year-to-year this works well for me."}
{"_id": "427740", "title": "", "text": "People with skills can still find good jobs. I live in one of the shittiest economic states in the country right now. The people that I know that went to college **AND** busted their ass to find a good job when they got out all had one within a couple months. The people that fucked around, sent out their resume to a few online job applications and didn't make it priority #1 to get a high quality job didn't.  Good jobs aren't easy to come by right now, but they are available."}
{"_id": "427747", "title": "", "text": "Market price simply depends on your order side.  If you are placing a buy order the market price is the lowest ask, if you are placing a sell order the market price is the highest bid.  If your order is larger than the volume then you'd need to also consider the next lowest ask or next highest bid until you've fulfilled your order volume."}
{"_id": "427758", "title": "", "text": "&gt; And did you find my previous post alarming?  Now you don't even understand simple definitions.  I'm sure your commentary on our national economic system is top notch.         &gt;Sometimes I post something, only to realize a day later, I said something very ignorant. The flip side of it is, if I had kept silent, I may still hold some of my wrong beliefs.         Those aren't the only two options.  At least you understand how little you understand.  The key is to ask questions about things that don't make sense to you.  At least then you might learn something instead of misleading others who don't realize how ignorant you are."}
{"_id": "427762", "title": "", "text": "\"&gt;  Lol ok buddy. You googled some hysterical left wing editorials and I'm suppose to buy it as Trump being \"\"anti-science?\"\" They did that same shit with Bush and Reagan, and they'll do it to the next Republican president.   I am a scientist and *every scientist I know* recognizes it:  Republicans, Dems, and even the few Trump supporters.  It's not left wing editorials, it's not just MSM,  ... it's literally every science oriented magazine.  I gave links to \"\"Science\"\" ... which *is the magazine for general scientists.*  &gt;&gt;   \"\"inversely proportional\"\"  &gt;  Wow pedantic, boy if nothing is evidence of having won an argument it's when dudes start griping over definitions. Inversely proportional works just fine here.  Not pedantic, accurate.  As scientists tend to be when there is an underlying equation/relationship.  There's a world of difference between y = -C x + k and y = C 1/x + k for positive C.  If you can't distinguish these ... then I'm glad you're not a scientist.  If you can recognize that these are considerably different, then I would suggest you have a problem admitting that you screwed up.  &gt;&gt;  \"\"won on income\"\" is just poor phraseology.  &gt;  Nah, it was fine. You got it.   No.  I don't think anyone is asserting causality ... and \"\"won on income\"\" asserts causality.  For example, the same exit polls show race was significant.  Would you call it good phraseology to say \"\"won due to racism\"\"???  Also, you'll note that I also didn't assert causality with regard to the \"\"amount of education\"\" statistic.  I *do* have some hypotheses in this regard, but I don't have the appropriate data to test it.  [Aside:  And before you jump to conclusions, my number one hypothesis doesn't have to do with \"\"intelligence\"\" ... it has to do with \"\"critical thinking skills\"\" as well as not viewing problems as simple \"\"black and white propositions.\"\" ]  &gt;  Aww now you are just trying to hurt my feelings. It's almost as if ad hominem attack is the last recourse of a defeated liberal. I believe it's acceptable to take whatever grammatical liberties necessarily when writing mocking prose.  I'm glad to see you can use good grammar when you try.  But, seriously, I couldn't make heads or tails of your last \"\"paragraph\"\" and was more than disheartened to note that each of your previous paragraphs in that post included sentence fragments, missing articles, and such.  If you're trying to *communicate* ... be clear about it.  If you don't I just won't take it seriously.\""}
{"_id": "427780", "title": "", "text": "\"&gt; \u201cThis 7.85-inch iPad Mini fit our hands like a glove and we were easily able to tuck the device in our sport coat, offering consumers a more mobile iPad experience for certain use cases.\u201d   So a 4.8\"\" phone screen is too big, but a 7.85\"\" tablet fits in their hands like a glove. Yeah, that makes perfect sense.\""}
{"_id": "427784", "title": "", "text": "Los Angeles Piano Lessons--Looking to learn piano in LA? Music teachers provides some of the piano lessons for learning how to play piano no matter what level you are. With a 5 point screening process and talented and experienced teachers you can make the most out of your time with these lessons."}
{"_id": "427793", "title": "", "text": "BHP Billiton has room to answer doubters as commodities rout batters debt notes in part: There has been speculation that the company could cut its shareholder   dividend, while Liberum Capital analyst Richard Knights has suggested   BHP might look to raise as much as $US10 billion ($14.3 billion) in   new equity capital. If the dividend is cut, you won't see 11% and the share price may well decline further. There is a possibility of big losses here given the change in the prices of the products the company sells. To add from another source The only reason BHP trades on a yield of more than 8% is because the   market is pricing in a cut to the dividend. According to consensus   earnings estimates for 2016 and 2017, earnings per share will be $0.86   and $1.27 respectively. Dividends per share forecasts are $1.83 and   $1.81 respectively."}
{"_id": "427794", "title": "", "text": "No, but insider information would have tipped them off on the timings of when to time some of their actions... possibly planning shorting it ahead, all kinds of who-diggery that those financial wizards can do to make shit tons of money off stocks / companies losing money."}
{"_id": "427805", "title": "", "text": "If I is the initial deposit, P the periodic deposit, r the rent per period, n the number of periods, and F the final value, than we can combine two formulas into one to get the following answer: F = I*(1+r)n + P*[(1+r)n-1]/r In this case, you get V = 1000*(1.05)20 + 100*[(1.05)20-1]/0.05 = 5959.89 USD. Note that the actual final value may be lower because of rounding errors."}
{"_id": "427808", "title": "", "text": "If you believe the stock market will be down 20-30% in the next few months, sell your stock holdings, buy a protective put option for the value of the holdings that you want to keep. That would be hedging against it. Anything more is speculating that the market will fall."}
{"_id": "427814", "title": "", "text": "\"You are correct. If you paid your bill and then received a refund, now the credit card (bank) owes you $400. You can spend $400 without owing anything. Or, if you do nothing and don't use the card anymore, after a while they'll probably send you a check for $400. Or, if you don't plan on using the card anymore, you could call them and ask them to send you a check. If it's your regular card, just spend like you normally would and the first $400 will be \"\"pre-paid\"\".\""}
{"_id": "427819", "title": "", "text": "There is none, whatever sector you invest in will be subject to cyclical market difficulties, however alpha can be generated from two sources: Timing and selection.  Its much easier to get the timing done over a long period of time."}
{"_id": "427823", "title": "", "text": "it was when I had my nexus s and I was giving my htc dream to a friend that something clicked, I love the nexus s too maybe I like my phones to have curves like a bar of soap rather than flat and square'd off like a Graham cracker"}
{"_id": "427837", "title": "", "text": "Propworld Realty offers luxurious Office Space for Rent in Noida at very economical rentals. As we all know good office space influence your business.  In today scenario office space is now being seen as a significant factor in recruiting, maintaining and maximising talent. Hence,if you are looking  supreme quality Office Space for Rent in Noida then call us 09810000375."}
{"_id": "427842", "title": "", "text": "There are hundreds of entities which offer mutual funds - too many to adequately address here. If you need to pick one, just go with Vanguard for the low low low fees. Yes, this is important. A typical expense ratio of 1% may not sound like much until you realize that the annualized real rate of return on the stock market - after inflation - is about 4%... so the fund eats a quarter of your earnings. (Vanguard's typical expense ratios are closer to 0.1-0.2%). If your company offers a tax-deferred retirement account such as a 401(k), you'll probably find it advantageous to use whatever funds that plan offers just to get the tax advantage, and roll over the account to a cheaper provider when you change employers. You can also buy mutual funds and exchange-traded funds (ETFs) through most brokerages. E*Trade has a nice mutual fund screener, with over 6700 mutual funds and 1180 ETFs. Charles Schwab has one you can browse without even having an account."}
{"_id": "427849", "title": "", "text": "There is no strict need to do that, you can consider yourself to be consulting, a 10% of your payment will be withheld and paid as tax by the company, you can deduct up to 60% of your income as expenses and pay tax on the rest (factoring the tax deducted at source). In another approach, you could register for service tax and charge service tax on your invoice and pay to the service tax department, the tax calculations are similar to above. It will be good if you speak to a chartered accountant and get more clarity. As for business card, you could print it with your name and qualification, there are no restrictions on that."}
{"_id": "427850", "title": "", "text": "The factors to consider:"}
{"_id": "427856", "title": "", "text": "I had that discussion with my girlfriend yesterday. She is working in bespoke tailoring. There are already machines that scan your body, the work is way more precise than an experienced tailor. You have digital CAD software that could make up the pattern. If someone would take some time and do some more programming, you could literally make a bespoke suit without a tailor. So here is the problem, the question was, how to do you apply certain styles to certain body types so it looks good. Not every style looks good on you, so it's the tailor's job to do it. Styles used to be something subjective to me, till I started getting more involved with design and then I realised style can be objectified. I truly believe that style is even quantifiable. If found yesterday at least 7-10 data points that correlate to each other and could be used to adjust style to a certain body type.  Creativity is not a uniquely human feature anymore. Emily Howel is an AI, listen to the music she writes --&gt; https://soundcloud.com/ai-emily_howell/from-darkness-light-iii-prelude"}
{"_id": "427859", "title": "", "text": "\"I think it's easiest to illustrate it with an example... if you've already read any of the definitions out there, then you know what it means, but just don't understand what it means.  So, we have an ice cream shop. We started it as partners, and now you and I each own 50% of the company. It's doing so well that we decide to take it public.  That means that we will be giving up some of our ownership in return for a chance to own a smaller portion of a bigger thing. With the money that we raise from selling stocks, we're going to open up two more stores.  So, without getting into too much of the nitty gritty accounting that would turn this into a valuation question, let's say we are going to put 30% of the company up for sale with these stocks, leaving you and me with 35% each. We file with the SEC saying we're splitting up the company ownership with 100,000 shares, and so you and I each have 35,000 shares and we sell 30,000 to investors.  Then, and this depends on the state in the US where you're registering your publicly traded corporation, those shares must be assigned a par value that a shareholder can redeem the shares at. Many corporations will use $1 or 10 cents or something nominal.  And we go and find investors who will actually pay us $5 per share for our ice cream shop business. We receive $150,000 in new capital. But when we record that in our accounting, $5 in total capital per share was contributed by investors to the business and is recorded as shareholder's equity. $1 per share (totalling $30,000) goes towards actual shares outstanding, and $4 per share (totalling $120,000) goes towards capital surplus.  These amounts will not change unless we issue new stocks. The share prices on the open market can fluctuate, but we rarely would adjust these. Edit: I couldn't see the table before. DumbCoder has already pointed out the equation Capital Surplus = [(Stock Par Value) + (Premium Per Share)] * (Number of Shares) Based on my example, it's easy to deduce what happened in the case you've given in the table. In 2009 your company XYZ had outstanding Common Stock issued for $4,652. That's probably (a) in thousands, and (b) at a par value of $1 per share. On those assumptions we can say that the company has 4,652,000 shares outstanding for Year End 2009.  Then, if we guess that's the outstanding shares, we can also calculate the implicit average premium per share: 90,946,000 \u00f7 4,652,000 == $19.52. Note that this is the average premium per share, because we don't know when the different stocks were issued at, and it may be that the premiums that investors paid were different. Frankly, we don't care.  So clearly since \"\"Common Stock\"\" in 2010 is up to $9,303 it means that the company released more stock. Someone else can chime in on whether that means it was specifically a stock split or some other mechanism... it doesn't matter. For understanding this you just need to know that the company put more stock into the marketplace... 9,303 - 4,652 == 4,651(,000) more shares to be exact. With the mechanics of rounding to the thousands, I would guess this was a stock split.  Now. What you can also see is that the Capital Surplus also increased. 232,801 - 90,946 == 141,855. The 4,651,000 shares were issued into the market at an average premium of 141,855 \u00f7 4,651 == $30.50. So investors probably paid (or were given by the company) an average of $31.50 at this split.  Then, in 2011 the company had another small adjustment to its shares outstanding. (The Common Stock went up). And there was a corresponding increase in its Capital Surplus.  Without details around the actual stock volumes, it's hard to get more exact. You're also only giving us a portion of the Balance Sheet for your company, so it's hard to go into too much more detail. Hopefully this answers your question though.\""}
{"_id": "427868", "title": "", "text": "People are just spoiled by shitty burgers off the Dollar menu at McDs that taste like cardboard and are only beef in the strictest academic sense of the word that they complain about constantly but when given the option for a superior burger from Five Guys or Culver's that might cost a few bucks more, they say it's too expensive.   People don't know what they want. That's why the advertising industry exists."}
{"_id": "427884", "title": "", "text": "Leasing is not exactly a scam, but it doesn't seem to be the right product for you.  The point of leasing over buying is that it turns the capital purchase of a car which needs to be depreciated for tax purposes into what is effectively a rental expense.  Rent is an expense that can be deducted directly without depreciation.   If you are not operating a business where you can take advantage of leasing's tax advantages, leasing is probably not for you.  Because of the tax advantages, a lease can be more profitable for the car dealer.  They can get a commission or finder's fee on the lease as well as the commission on the car sale.  That extra profit comes from somewhere, presumably from you.  If a business, you can then pass part of that to the government.  As an individual, you lose that advantage.   At this point, the best financial decision that you could make would be to buy out the lease on your current car.  Lease prices are set based on the assumption that the car will have been abused during the course of the lease.  If you are driving the car less than expected, its value is probably higher than the cost of buying out the lease.  If you buy that car, you can drive it for years.  Save up some money and buy your next car for cash rather than using financing.   Of course, if you really want a new car and can afford it, you may not want to buy out the lease.  That is of course your decision.  You don't have to maximize your current financial position if buying a new car would return more satisfaction for the money in the long run.  I would try to avoid financing for what is essentially a pleasure purchase though."}
{"_id": "427890", "title": "", "text": "\"The difficulty with investing in mining and gold company stocks is that they are subject to the same market forces as any other stocks, although they may whether those forces better in a crisis than other stocks do because they are related to gold, which has always been a \"\"flight to safety\"\" move for investors. Some investors buy physical gold, although you don't have to take actual delivery of the metal itself.  You can leave it with the broker-dealer you buy it from, much the way you don't have your broker send you stock certificates.  That way, if you leave the gold with the broker-dealer (someone reputable, of course, like APMEX or Monex) then you can sell it quickly if you choose, just like when you want to sell a stock. If you take delivery of a security (share certificate) or commodity (gold, oil, etc.) then before you can sell it, you have to return it to broker, which takes time.  The decision has much to do with your investing objectives and willingness to absorb risk.  The reason people choose mutual funds is because their money gets spread around a basket of stocks, so if one company in the fund takes a hit it doesn't wipe out their entire investment.  If you buy gold, you run the risk (low, in my opinion) of seeing big losses if, for some reason, gold prices plummet.  You're \"\"all in\"\" on one thing, which can be risky. It's a judgment call on your part, but that's my two cents' worth.\""}
{"_id": "427916", "title": "", "text": "You can buy and sell stocks, if you like. You'll have to pay taxes on any profits. And short-term is speculating, not investing, and has high risk"}
{"_id": "427918", "title": "", "text": "Our healthline also providing spine treatment with yoga and meditation practices. We have fabulous technique for Spinal pain treatment and knee pain treatment. We have successfully operated several patients in our clinic. If you are suffering from spine problem and you need an expert advice then you should visit Dr. Vyom bolia (Spine specialist) in Udaipur.https://www.slideshare.net/HealthlineUdaipur/spine-specialist-in-udaipur-76548005"}
{"_id": "427925", "title": "", "text": "&gt;Well, at least you're honest about the fact that you're advocating robbery.  Unfortunately, morals can't pay medical bills.  &gt;How long do you think that'll work before people just say fuck it, and start pointing guns of their own?   Soon, I think.  &gt;That is how we became a country after all.  It's also how the welfare system emerged in the first place."}
{"_id": "427926", "title": "", "text": "\"Bookkeeping and double-entry accounting is really designed for tracking the finances of a single entity. It sounds like you're trying to use it to keep multiple entities' information, which may somewhat work but isn't really going to be the easiest to understand. Here's a few approaches: In this approach, the books are entirely from your perspective. So, if you're holding onto money that \"\"really\"\" belongs to your kids, then what you've done is you're taking a loan from them. This means that you should record it as a liability on your books. If you received $300, of which $100 was actually yours, $100 belongs to Kid #1 (and thus is a loan from him), and $100 belongs to Kid #2 (and thus is a loan from her), you'd record it just that way. Note that you only received $100 of income, since that's the only money that's \"\"yours\"\", and the other $200 you're only holding on behalf of your kids. When you give the money to your kids or spend it on their behalf, then you debit the liability accordingly and credit the Petty Cash or other account you spent it from. If you wanted to do this in excruciating detail, then your kids could each have their own set of books, in which they would see a transfer from their own Income:Garage Sale account into their Assets:Held by Parents account. For this, you just apportion each of your asset accounts into subaccounts tracking how much money each of you has in it. This lets you treat the whole family as one single entity, sharing in the income, expenses, etc. It lets you see the whole pool of money as being the family's, but also lets you track internally some value of assets for each person. Whenever you spend money you need to record which subaccount it came from, and it could be more challenging if you actually need to record income or expenses separately per person (for some sort of tax reasons, say) unless you also break up each Income and Expense account per person as well. (In which case, it may be easier just to have each person keep their entirely separate set of books.) I don't see a whole lot of advantages, but I'll mention it because you suggested using equity accounts. Equity is designed for tracking how much \"\"capital\"\" each \"\"investor\"\" contributes to the entity, and for tracking a household it can be hard for that to make a lot of sense, though I suppose it can be done. From a math perspective, Equity is treated exactly like Liabilities in the accounting equation, so you could end up using it a lot like in my Approach #1, where Equity represents how much you owe each of the kids. But in that case, I'd find it simpler to just go ahead and treat them as Liabilities. But if it makes you feel better to just use the word Equity rather than Liability, to represent that the kids are \"\"investing\"\" in the household or the like, go right ahead. If you're going to look at the books from your perspective and the kids as investing in it, the transaction would look like this: And it's really all handled in the same way an Approach #1. If on the other hand, you really want the books to represent \"\"the family\"\", then you'd need to have the family's books really look more like a partnership. This is getting a bit out of my league, but I'd imagine it'd be something like this: That is to say, the family make the sale, and has the money, and the \"\"shareholders\"\" could see it as such, but don't have any obvious direct claim to the money since there hasn't been a distribution to them yet. Any assets would just be assumed to be split three ways, if it's an equal partnership. Then, when being spent, the entity would have an Expense transaction of \"\"Dividend\"\" or the like, where it distributes the money to the shareholders so that they could do something with it. Alternatively, you'd just have the capital be contributed, And then any \"\"income\"\" would have to be handled on the individual books of the \"\"investors\"\" involved, as it would represent that they make the money, and then contributed it to the \"\"family books\"\". This approach seems much more complicated than I'd want to do myself, though.\""}
{"_id": "427932", "title": "", "text": "Pretty garbage policy, especially since the niche we're in results in customers using the product, then deciding its our fault (the reseller of another manufacturer), and returns used items to us that we cant resell. So on Amazon's end, it shows the buyer received the part, returns it a week later, and they are entitled to a refund, while we're stuck with $500 of useless inventory. - Fuck that"}
{"_id": "427967", "title": "", "text": "If anything LEGO is as much as the good guy in toy business as Reddit perceived Valve the good guy (customer oriented) in games.   Asking for pieces through their customer support surprised me they actually recommends a third party (Bricklink) as an alternative should they failed to replace my pieces. They actually replaced your missing Lego bricks for free! I simply couldn't recommend them enough.  This might be questionable, but the there was a Lego representative who did an AMA on 4chan's /toy/ board a few years ago."}
{"_id": "427991", "title": "", "text": "It's called correlation. I found this: http://www.forexrazor.com/en-us/school/tabid/426/ID/437424/currency-pair-correlations it looks a good place to start Similar types of political economies will correlate together, opposite types won't. Also there are geographic correlations (climate, language etc)"}
{"_id": "427997", "title": "", "text": "\"typically, your employer will automatically stop making contributions once you hit the 18k$ limit. it is worth noting that employer contributions (e.g. \"\"matching\"\") do not count towards the 18k$ employee pre-tax contribution limit. however, if you have 2 employers during the year their combined payroll deductions might exceed the limit if you do not inform your later employer of the contributions you made at your former employer (or they ignore the info). in which case, you must request a refund of \"\"excess contributions\"\" from one of the plans (your choice). you must report the refund as taxable income on your taxes. if you do not make this request by the time you file your taxes, the tax man will reject your filing and \"\"adjust\"\" your return with more taxes and penalties. sometimes requesting a refund of excess contributions might cause your employer to remove \"\"matching\"\" funds, but i am not clear on the rules behind that. there are some 401k plans that allow \"\"supplemental after-tax contributions\"\" up to the combined employee/employer limit (53k$ in 2015 and 2016). it is a rare feature, and if your company offers it, you probably already know.  however, generally it is governed by a separate contribution election that only take effect once you hit the employee pre-tax contribution limit (18k$ in 2015 and 2016). you could ask your hr department to be sure. 401k plans can be changed if there is enough employee demand for a rule change.  especially in a small company, simply asking for them to allow dollar based contributions instead of percent based contributions can cause them to change the plan to allow it. similarly, you could request they allow \"\"supplemental after-tax contributions\"\", but that might be a harder change to get.\""}
{"_id": "428017", "title": "", "text": "\"I think the first misconception to clear up is that you are implying the price of a stock is set by a specific person. It is not. The price of a stock is equal to the value that someone most recently traded at. If Apple last traded at $100/share, then Apple shares are worth $100. If good news about Apple hits the market and people holding the shares ask for more money, and the most recent trade becomes $105, then that is now what Apple shares are worth. Remember that generally speaking, the company itself does not sell you its shares - instead, some other investor sells you shares they already own. When a company sells you shares, it is called a 'public offering'. To get to your actual question, saying something is 'priced in' implies that the 'market' (that is, investors who are buying and selling shares in the company) has already considered the impacts of that something. For example, if you open up your newspaper and read an article about IBM inventing a new type of computer chip, you might want to invest in IBM. But, the rest of the market has also heard the news. So everyone else has already traded IBM assuming that this new chip would be made. That means when you buy, even if sales later go up because of the new chip, those sales were already considered by the person who chose the price to sell you the shares at. One principle of the stock market (not agreed to by all) is called market efficiency. Generally, if there were perfect market efficiency, then every piece of public information about a company would be perfectly integrated into its stock price. In such a scenario, the only way to get real value when buying a company would be to have secret information of some sort. It would mean that everyone's collective best-guess about what will happen to the company has been \"\"priced-in\"\" to the most recent share trade.\""}
{"_id": "428018", "title": "", "text": "No, the stock market and investing in general is not a zero sum game.  Some types of trades are zero sum because of the nature of the trade.   But someone isn't necessarily losing when you gain in the sale of a stock or other security. I'm not going to type out a technical thesis for your question.  But the main failure of the idea that investing is zero sum is the fact the a company does not participate in the transacting of its stock in the secondary market nor does it set the price. This is materially different from the trading of options contracts.  Options contracts are the trading of risk, one side of the contract wins and one side of the contract loses. If you want to run down the economic theory that if Jenny bought her shares from Bob someone else is missing out on Jenny's money you're free to do that.  But that would mean that literally every transaction in the entire economy is part of a zero sum game (and really misses the definition of zero sum game). Poker is a zero sum game.  All players bet in to the game in equal amounts, one player takes all the money.  And hell, I've played poker and lost but still sometimes feel that received value in the form of entertainment."}
{"_id": "428019", "title": "", "text": "Lots of companies are behind the times because their management is usually older people who don't know about this tech or how to lock it down. Our company is in the same boat and our security guys put out some new tough policy yet they have not enforced it or put any teeth to it and we keep seeing violations all over the place and one person is being sued because he spent years selling off our info."}
{"_id": "428027", "title": "", "text": "I believe it was for 99 years if I remember. But you are correct with everything else. If I remember it was only for one billion as well. Not much at all when you consider Chicago is the third largest city and it's for a century. Who the he'll thought it was a good idea to sell those rights I have no idea but they made out like a bandit"}
{"_id": "428031", "title": "", "text": "I'm sorry, but who pressured the appraiser to overstate the value of the house by threatening him with a loss of future business? I'm pretty sure I hired him but the lender threatened him. After I only had one house for him to do. You're missing the bigger picture"}
{"_id": "428062", "title": "", "text": "\"No he wont. He is a very good business man and has been since  he split from top rank circa 2006.  Like most fighters, before 2006, he fought under a promo company, Top Rank.  He would get his guaranteed purse for fights and that was that. Instead of taking an $8M payday, he decided to cut out the middle man (Bob Arum) and bought out his contract for ~$750K and decided to promote the fights himself (Mayweather promotions).  Instead of just getting his purse, he now got a cut of every revenue stream involved in a fight (PPV, Tickets, broadcasting rights, etc.).    After this, he \"\"Co-promoted\"\" fights with Golden Boy since they had a license.  He would still retain control and get his cut, but then he got his promoters license and stopped co-promoting entirely leaving himself with an even bigger cut.   He has a stable of fighters who fight regularly and he gets revenue from that, he has a strip club, a clothing line, music stuff, marketing/brand firm, and of course a crap ton of real estate.  I heard he will be opening up a marijuana dispensary soon.  He will have more than enough money to last a life time even at the rate he spends it.   Edit - Now Pacquiao is a guy who will be broke very soon, or already is. He fought a no-named boxer with like 17 fights under his belt this past June in Australia (and he lost) to little fan fare.\""}
{"_id": "428079", "title": "", "text": "Their motivation should be the same as yours, just moderated for the fact that they don't have ownership.  The fairest thing is likely a percentage of revenue (.5 moving up to 1 or higher depending on competency, off of gross, not net) plus getting some of the expense account for lunches and whatnot when something big gets done.    This will also make them less likely to leave when other offers or opportunities come around.  Retaining the best staff you can possibly get will almost certainly pay for itself ten times over with happy clients who don't have to deal with bureaucratic bullshit, and when they do, they know the person who is responsible for it is likable and competent, and don't complain as much."}
{"_id": "428082", "title": "", "text": "Hah.  So, public employees get less rights as employees than private ones?  What about private employees of companies with public contracts?  I'm guessing that you don't think private employees should have the right to bargain either.   How is having collective bargaining rights holding the public hostage? Hyperbole much? We're bound by the same arbitrators.  Cops and Firefighters can't strike."}
{"_id": "428102", "title": "", "text": "So let\u2019s rewrite it this way: \u201cThe rich are paid by the government to allocate the resources necessary for you to travel, live your life, and contribute to society.\u201d    That would be more honest, and would show that big business is not the benefactor creating our utilities.  Big money is the current avenue we use to get the work done.    They neither create the job, nor pay for the work in the end.  They are a middle man that is convenient.  And they are using convenience and money to leech what they can from We the People, and the government."}
{"_id": "428107", "title": "", "text": "Your very first link says that there's an average fifteen point difference between IQ scores for blacks and whites. A full standard deviation and they have no explanation as to why that is.  It backs up my original point directly. Of course you didn't actually read that."}
{"_id": "428108", "title": "", "text": "Ah, I see. You are coming at this from a political standpoint rather than a business one. One can not like Trump and think Zuckerberg is wrong for not going. Your bias is you won't do anything that appears to be supporting Trump, same as Zuckerberg. I have not now nor have I ever voiced support for Trump.   The government has some serious issues with technology and application of technology throughout the various agencies. Most are some sinkhole of bureaucracy that have different standards and systems in place. Not to mention the widespread tech illiteracy. There have been several attempts to change this, though this is the first time those who actually do it for a living have been brought together this way. Zuckerberg's understanding of integration and scalability could be of use in this capacity.   And then you have the tech illiterate making laws about our technology."}
{"_id": "428110", "title": "", "text": "Having the receipt at least for a little while does make it easier to correct a mistake, if and when it does happen.  I had an error happen to me some years ago trying to withdraw money from an ATM in a 7-11 somewhere while on vacation (receipt came out, money didn't). Having the receipt made it easier to correct the mistake when I got back from vacation."}
{"_id": "428111", "title": "", "text": "You could evaluate the risk exposure of your UK bank reading this post and this other old one. They basically say that UK bank exposure to Greece is less than 6 billions pounds (BOE data), so there is no reason to be worried now. The main issue of this crisis is not the Greek exit from the Euro on its own (it seems to be considered almost a fact by CITI, and by MS at 35% probability, Profumo ex CEO of UNICREDIT, says the possibility are more than 50%) \u2013 the main issue is that other countries like Italy and Spain might follow the same fate. If they do, the exposure of many foreign banks (including the UK ones) to their debts is not negligible (191,80 billions pounds for UK banks) moreover other EU banks (even the German ones) exposed to Italy and to Spain will suffer too, and this suffering will be translated into more suffering for UK banks exposed also to Germany and to France. That's why you read Euro doom articles like this one from Paul Krugman (who won a Nobel Memorial Prize in Economics.)"}
{"_id": "428117", "title": "", "text": "\"You seem to prefer to trade like I do: \"\"Buy low, sell high.\"\" But there are some people that prefer a different way: \"\"Buy high, sell higher.\"\" A stock that has \"\"just appreciated\"\" is \"\"in motion.\"\" That is a \"\"promise\"\" (not always kept) that it will continue to go higher. Some people want stocks that not only go higher, but also SOON. The disadvantage of \"\"buy low, sell high\"\" is that the stock can stay low for some time. So that's a strategy for patient investors like you and me.\""}
{"_id": "428123", "title": "", "text": "\"Yes. [Velocity of money](http://www.investopedia.com/terms/v/velocity.asp) and savings rates are two important things economists look at. Note, though, that very little money is enturely taken out of the economy -- cash stuffed under mattresses. When most people \"\"save\"\" money (e.g. in a bank account), they're actually loaning it out for someone else to use, in exchange for interest. When your money is in the bank, it's just a number in a ledger.\""}
{"_id": "428127", "title": "", "text": "https://www.google.com/search?q=quarterly+and+annual+financial+report+calendar&oq=quarterly+and+annual+financial+report+calendar&aqs=chrome..69i57.9351j0j7&sourceid=chrome&ie=UTF-8 The third result on Google is: https://www.bloomberg.com/markets/earnings-calendar/us The fourth result on Google is: https://finance.yahoo.com/calendar/earnings"}
{"_id": "428133", "title": "", "text": "Slightly better attempt this time around.   However, the linked studies are essentially irrelevant to your bombastic claims; they still fail to backup your idea that literally everybody who consumes cannabis is a degenerate who lives with his/her parents and works a minimum wage job and is a danger to society. That remains an unproven (and unprovable) assertion  And you misunderstood all of previous posts. At no point did I attempt to argue that marijuana is good, bad or indifferent. My point was simply that your generalizations of marijuana consumers are spurious, close-minded and not based on any *real* research. You've yet to provide any counterfactual to that."}
{"_id": "428141", "title": "", "text": "You don't really have a lot of money, and that isn't a criticism as much as that you are limited to diversification.  For example, I would estimate you can only have one or two stocks for a buy-write scheme.  Secondly you may be only to buy one fund with a high minimum investment, and a second fund with a smaller minimum investment.  Thirdly there is not a whole lot of money to make a large difference. One options might be to look at iShares since your are with Fidelity.  Trading those are commission free and the minimum investment is one share.  They offer many sector funds. Since you were in a CD ladder you might be looking for stability of principle.  If so you can look at USMV and PFF.  If you can tolerate a little more volatility DGRO. Having said that you seem interested in doing some buy-writes.  Why not mix and match?  Pick a stock, like INTC (for example not a recommendation), and buy-write with half the money and some combination of iShares for the rest."}
{"_id": "428150", "title": "", "text": "\"Think of yourself as a business with two accounts, \"\"cash\"\" and \"\"net worth\"\". Your goal is to make money. \"\"Cash\"\" is what you need to meet your obligations. You need to pay your rent/mortgage, utilities, buy food, pay for transportation, service debt, etc. If you make $100 a month, and your obligations are $90, you're clearing $10. \"\"Net worth\"\" are assets that you own, including cash, retirement savings, investments, or even tangible goods like real property or items you collect with value. The \"\"pay off debt\"\" versus \"\"save money\"\" debate, in my opinion, is driven by two things, in this order: If you start saving too soon, you'll have a hard time getting by when your car suddenly needs a $500 repair or you need a new furnace. You need to improve your cash flow so that you actually have discretionary income. Pay off those credit cards, then start directing those old payments into savings and investments.\""}
{"_id": "428152", "title": "", "text": "\"Economist joke: Bill Gates walks into a bar. Suddenly an owlish looking guy with thick glasses starts cheering and orders drinks for everyone.  The guy at his right says \"\"What are you so happy about?\"\"  The owlish guy says \"\"That's Bill Gates! He's the richest man in the world\"\"  \"\"So?\"\"  \"\"The average income in this bar just went up several tens of millions of dollars. We're rich!\"\"\""}
{"_id": "428179", "title": "", "text": "If your main area of ventilation is the kitchen or the bathroom, then roof exhaust fan is one of the best option one can avail. They are designed for forcibly removing odor and steam from these areas. They operate through sucking air from any localized area in your home into an air vent and then transporting that warm and humid air outdoors via a duct."}
{"_id": "428187", "title": "", "text": "First, make sure you understand the objective of an ETF.  In some cases, they may use leverage to get a multiple of the index's return that is different than 1.  Some may be ultra funds that go for double the return or double the inverse of the return and thus will try to apply the appropriate leverage to achieve that return. Those that use physical replication can still have a small portion be used to try to minimize the tracking error as there is something to be said for what kind of tracking error do you accept as the fund's returns may differ from the index by some measure. Yes.  For example, if you were to have a fund that had a 50% and -50% return in back to back periods, what would your final return be?  Answer: -25%, which if you need to visualize this, take $1 that then becomes $1.50 by going up 50% and then becomes $.75 by going down 50% in a compounded fashion.  This is where you have to be careful of the risks of leverage as those returns will compound in a possibly negative way."}
{"_id": "428197", "title": "", "text": "Let me guess... The ultimate point of the article being about how this time it really is different and how individuals are more incapable now than ever to make wise investment decisions in the market? Might as well just give up and let the pros do it right? Or just buy an index and forget about it?  Sure, okay.   /throws unread paywall'd garbage article in the trash"}
{"_id": "428207", "title": "", "text": "Since you have a limited time frame i think you can either:"}
{"_id": "428211", "title": "", "text": "\"&gt;economists like to just ignore it for the benefits that it offers...  that's what i tend to think- my dad has a phd in economics, he's given me quite a few lectures over the years, and that's the feeling i get from him- he of course refuses to acknowledge it most of the time.  i think the most i've gotten him to concede is, \"\"yes, it's a game, but if you don't play it, you'll be pushed around by people who do.\"\"\""}
{"_id": "428228", "title": "", "text": "This isn't a very persuasive argument.  Their revenue and profit is based on advertisers paying them for exposure.  If the advertisers don't see actual business value from their Twitter ad buys, they won't buy more in the future.  Twitter's been around for over a decade now, if advertisers are still spending $575M/quarter buying ads, they must be seeing some sort of return on that investment."}
{"_id": "428236", "title": "", "text": "\"There's a hellova lot to be said for investing in real estate (simple residential real estate), even though it's grandma's advice. The two critical elements are 1) it's the only realistic way for a civilian to get leverage. this is why it almost always blows away \"\"tinkering in the stock markets\"\" in the 10-year frame. 2) but perhaps more importantly - it's a really \"\"enforced\"\" saving plan. you just have to pay it off every month. There are other huge advantages like, it's the best possible equity for a civilian, so you can get loans in the future to start your dotcom, etc. Try to buy yourself a very modest little flat (perhaps to rent out?) or even something like a garage or storeroom.  Real estate can crash, but it's very unlikely; it only happens in end of the world situations where it won't matter anyway.  When real estate drops say 30% everyone yells about that being a \"\"crash\"\" - I've never, ever owned a stock that hasn't had 30% down times. Food for thought!\""}
{"_id": "428240", "title": "", "text": "\"Your money in the bank is yours. If you lose your bank card and forget the account number, it's still yours. It's just harder to prove. If your name is Joe Smith, it might be harder to find your bank account and to prove it's yours.  If \"\"go to the bank\"\" means walking into a branch of the bank and walking out with your money fifteen minutes later, that's unlikely to happen. More likely they will give you forms to fill in to maximise chances of finding your account, and tell you what evidence to bring to prove that you are the owner of the account.\""}
{"_id": "428253", "title": "", "text": "\"People always tell me, \"\"If you don't like it, why don't you leave???\"\"   Now Burger King takes their advice, and the same people completely lose their shit.  So which is it, people? If you don't like it, leave; or stay here no matter what? You can't have it both ways.\""}
{"_id": "428258", "title": "", "text": "People with credit cards tend to have better credit than those who only have debit cards. People with better credit tend to not abuse such things as car rentals. It costs money for any company to run your credit. It doesn't cost a rental company any outflow of money to reject debit cards. So the possession of a credit card becomes a stand-in for running your credit before you rent a car."}
{"_id": "428277", "title": "", "text": "Right! He actually plans on selling it and getting a car to save on fuel and cut down the payment a few hundred a month. The problem is, he bought it last June and we still like nearly a year before we are allowed to trade it in. But we are more than ready for that day to come! Lol"}
{"_id": "428284", "title": "", "text": "Many economists think that in a free market there would be more insider trading as they're able to more efficiently transmit pricing signals to the rest of the market.  Can you come up with an argument how insider trading makes markets less free? What exactly is your definition of a free market?"}
{"_id": "428287", "title": "", "text": "Ive driven more than enough loads up there. Its ridiculous how influential walmart is up there.  But Tyson has plenty of other contracts, and theyre moving away from relying on walmart. I dont know about JB because i never worked for them directly."}
{"_id": "428290", "title": "", "text": "\"When processing credit/debit cards there is a choice made by the company on how they want to go about doing it.  The options are Authorization/Capture and Sale. For online transactions that require the delivery of goods, companies are supposed to start by initially Authorizing the transaction.  This signals your bank to mark the funds but it does not actually transfer them.  Once the company is actually shipping the goods, they will send a Capture command that tells the bank to go ahead and transfer the funds.  There can be a time delay between the two actions.  3 days is fairly common, but longer can certainly be seen.  It normally takes a week for a gas station local to me to clear their transactions. The second one, a Sale is normally used for online transactions in which a service is immediately delivered or a Point of Sale transaction (buying something in person at a store).  This action wraps up both an Authorization and Capture into a single step. Now, not all systems have the same requirements.  It is actually fairly common for people who play online games to \"\"accidentally\"\" authorize funds to be transferred from their bank.  Processing those refunds can be fairly expensive.  However, if the company simply performs an Authorization and never issues a capture then it's as if the transaction never occurred and the costs involved to the company are much smaller (close to zero) I'd suspect they have a high degree of parents claiming their kids were never authorized to perform transactions or that fraud was involved.  If this is the case then it would be in the company's interest to authorize the transaction, apply the credits to your account then wait a few days before actually capturing the funds from the bank.   Depending upon the amount of time for the wait your bank might have silently rolled back the authorization.  When it came time for the company to capture, then they'd just reissue it as a sale. I hope that makes sense.  The point is, this is actually fairly common.  Not just for games but for a whole host of areas in which fraud might exist (like getting gas).\""}
{"_id": "428306", "title": "", "text": "\"&gt;\"\"Governments should be more honest about the size of their debts and young voters would be wise to get politicians to pay them off as soon as possible\"\"  \"\"Wise\"\"?  That would mean that they'd have to pay for the perks they get as *well* as for the perks that their parents financed with debt.  Easier to just unload the debt on their kids.\""}
{"_id": "428315", "title": "", "text": "Hart's answer regarding the difference between an index and a stock aside, remember that dividend yield is a passive measure.  It takes the announced dividend (which is a $/share amount) and divides it by the current market price.   So you can't assume that if you buy a stock that had a dividend yield of 4% for $100 that you're guaranteed 4% of the stock price in dividends.  If the price of the stock doubles, you'd still get $4, but the yield would drop to 2%.  Or the company could reduce (or even suspend) its dividends, which would reduce the yield if the stock price stayed flat. For an index like the S&P, it's easier to measure dividends on % yield terms rather then $/share terms since you'd have to own shares in every single company to get that amount, but on average the stocks in the S&P 500 pay X% in dividends (which are typically quarterly) - some pay more than that, some less, and some none at all."}
{"_id": "428318", "title": "", "text": "Interesting.  How would they account for it? Monthly? And if so do they modify the cost basis for each lot for the month and then restate?   It's hard to imagine they do that.   I have a million questions regarding this topic do you know where in the regs it is covered?"}
{"_id": "428327", "title": "", "text": "I hear you there.  Say the wax seal on your toilet exploded; are you going to wait 3-5 business days to get a replacement?   Same with a water heater, an appliance...heck I was in the garden poking around last month and on a whim decided I needed a different setup for my tomato cages; 15 minutes later I'm back from HD and my tomatoes have never felt more supported lol..."}
{"_id": "428332", "title": "", "text": "\"Also, do not trust anyone who phones you up. If someone phones up, claiming to be your bank, and trying to \"\"sort out this situation\"\"; how do you know it's your bank? You've given the scammer your phone number - it could be the scammer calling. Only discuss this with someone at the bank when you have phoned them.\""}
{"_id": "428348", "title": "", "text": "\"As I understand your scenario, you paid the contractor twice for cabinets - Once by paying the $20k in cash on the original contract and once \"\"in-kind\"\" by providing the cabinets yourself.  The $20k that you got from the contractor is not income to you, it's just a refund of your overpayment. I don't think you need to report that at all.  Just make sure that you can document that the check that you got back from the contractor matches what you paid for the cabinets and keep that record.\""}
{"_id": "428350", "title": "", "text": "I once worked on creating a payroll system that essentially automated the process for a company of 40k employees. There were 2 coders working for 18 months and we put 12 payroll people out of a job when we were finished. Needless to say once they realized what we were doing the work environment became quite uncomfortable."}
{"_id": "428367", "title": "", "text": "I find it somewhat doubtful that the US economy will grow by less than 16 billion in the next 33 years. 33 years ago the US had a GDP of just 4 Trillion. Yes i know that growth has slowed down considerably but I just don't see how the US economy will fail to double in such a long period of time.   Hell from 2015 to 2016 the US economy grew 530 billion dollars to 18.57 Trillion dollars. Assuming Growth stopped and we simply increased our GDP by that much every year we'd increase by that much in 33 years. But that's unlikely to happen over the long period and since growth is compounding I see us easily staying ahead of India. China only gets past us on PPP seeing as their nominal economy was practically flat last year due to a slump in the renimbi."}
{"_id": "428399", "title": "", "text": "An option gives you the option rather than the obligation to buy (or sell) the underlying so you don't have to exercise you can just let the option expire (so long it doesn't have an automatic expiry). After expiration the option is worthless if it is out of the money but other than that has no hangover. Option prices normally drop as the time value of the option decays. An option has two values associated with it; time value and exercise value. Far out of the money (when the price of the underlying is far from the strike price on the losing side) options only have time value whereas deep in the money options (as yours seems to be) has some time value as well as the intrinsic value of the right to buy (sell) at a low (high) price and then sell (buy) the underlying.  The time value of the option comes from the possibility that the price of the underlying will move (further) in your favour and make you more money at expiry. As expiry closes it is less likely that there will be a favourable mood so this value declines which can cause prices to move sharply after a period of little to no revaluing. Up to now what I have said applies to both OTC and traded options but exchange traded options have another level of complexity in their trading; because there are fewer traders in the options market the size of trade at which you can move the market is much lower. On the equities markets you may need to trade millions of shares to have be substantial enough to significantly move a price, on the options markets it could be thousands or even hundreds. If these are European style options (which sounds likely) and a single trading entity was holding a large number of the exchange traded options and now thinks that the price will move significantly against them before expiry their sell trade will move the market lower in spite of the options being in the money. Their trade is based on their supposition that by the time they can exercise the option the price will be below the strike and they will lose money. They have cashed out at a price that suited them and limited what they will lose if they are right about the underlying. If I am not correct in my excise style assumption (European) I may need more details on the trade as it seems like you should just exercise now and take the profit if it is that far into the money."}
{"_id": "428418", "title": "", "text": "\"That's true, but that is what that means. That seems like fair usage.   If I have meatballs labeled \"\"made with 100% chicken\"\" then obviously they include non-chicken ingredients. Besides, there are ingredient listings, and while there are things that can be left off, they must be in extremely low concentrations. If it's got soy in it, then that's stated in the ingredients (and in this example, called out yet again because it's a common allergen).\""}
{"_id": "428429", "title": "", "text": "The steel buildings are quite advantageous and gaining a sheer popularity in the construction industry. The options offered by it is enticing people to equip them in their regular life. Along with stability and strength, affordability also becomes a point and the best part"}
{"_id": "428430", "title": "", "text": "\"I make great money (especially for being a new college grad), have a great work life balance (if you spend much more than 8 or 9 hours at work you get some weird looks and maybe a sit down  to discuss why you're working so much), but I don't have a nap room or a coffee bar or a dry cleaner at work.   You can keep your \"\"culture\"\". I'll take my free time.\""}
{"_id": "428440", "title": "", "text": "......seriously? There is no need for me to continue to argue with a brick wall. Go kill yourself you intolerant shit head (note I didn't say racist, but you are that too). It's the only way to get away from all the evil Muslims out to get you. Make sure you tell the rest of /r/the_Donald to join you."}
{"_id": "428458", "title": "", "text": "What about barriers to entry due to the complexity of business coupled with the market size of existing players?  Try starting a company that manufactures airliners. Let me know how far you get. You should be able to compete with the 2 existing companies worldwide - surely they have grown fat off their oligopolistic positions?"}
{"_id": "428464", "title": "", "text": "\u201cWas it luck? I don\u2019t know, maybe, I\u2019m not sure it really matters,\u201d said Mike Rosen, chief investment officer at Angeles Investment Advisors, who has put money into Och-Ziff\u2019s credit-opportunities fund. \u201cI do want to invest in lucky people -- that\u2019s better than investing with unlucky people.\u201d  OK."}
{"_id": "428471", "title": "", "text": "Now today all small and big business depends on the internet. So businessman should be those business lists in the multiple online directories. In the USA maximum user buy product through the web. If you have a business, then you can list your business globaltradeconnect's Business directory online. Where you can get more customer, product information, business location and direction. It's awesome to list a business on other online website like Google, Facebook, Bing."}
{"_id": "428474", "title": "", "text": "So how do we get the money from the people that did not earn it, to the people that did earn it without the government redistributing it?  I think you may be thinking that I am saying everyone should always be equal when I am saying that we need to have a more proportional income distribution which, if done correctly, would make things way more equal than they are now."}
{"_id": "428490", "title": "", "text": "But this leads to states competing and losing out in general.  If they were to pick based on price and merits of location they'd end up paying taxes somewhere in the US if they wanted to come at all.  I just don't like when states compete to undercut each other like that."}
{"_id": "428502", "title": "", "text": "You can open a 529 plan for your child. The minimum contribution for my state is only $25. You can setup automatic deposits, or deposit money only a few times a year; or both. You can save money on state taxes, and the money grows tax free if the money is used for educational expenses. They generally have age based portfolios, but some also let you pick from a variety of portfolios."}
{"_id": "428513", "title": "", "text": "A simple option is to ask your teammates to send you their portion of the tax bill. This option makes everyone's taxes easier, especially since it is very likely that they have already sent in their tax returns."}
{"_id": "428522", "title": "", "text": "&gt;Many of the people who under-estimate TV do not realize the amount of money, talent, research, staff and infrastructure needed to produce top-level high-quality shows and programming.  &gt;It is easy to stream a TV show or movie AFTER it's been already produced and broadcast, but do you really think the internet will give us a Mad Men, LOST, Walking Dead, Game of Thrones? I highly doubt it, and that's a big reason why TV is here to stay.  I agree, I don't think the industry will die.  It'll definitely continue to undergo fundamental changes, but at the end of the day, they're still making content people want to pay for.  So conglomerates like TWX, DIS, CBS, and VIA are probably not the way to play this.  Maybe betting against the local broadcast stations would be a better bet, I think names like GCI own both local tv networks AND newspapers."}
{"_id": "428533", "title": "", "text": "\"If you have income - it should appear on your tax return. If you are a non-resident, that would be 1040NR, with the eBay income appearing on line 21. Since this is unrelated to your studies, this income will not be covered by the tax treaties for most countries, and you'll pay full taxes on it. Keep in mind that the IRS may decide that you're actually having a business, in which case you'll be required to attach Schedule C to your tax return and maybe pay additional taxes (mainly self-employment). Also, the USCIS may decide that you're actually having a business, regardless of how the IRS sees it, in which case you may have issues with your green card. For low income from occasional sales, you shouldn't have any issues. But if it is something systematic that you spend significant time on and earn significant amounts of money - you may get into trouble. What's \"\"systematic\"\" and how much is \"\"significant\"\" is up to a lawyer to tell you.\""}
{"_id": "428538", "title": "", "text": "IIRC, the rationale was so that the stronger private banks would be sufficiently capitalized to purchase the failing ones.  Many banks were failing at the time, and allowing consolidation in the industry was viewed as preferable to outright nationalization.  It had little to do with freeing up the credit markets."}
{"_id": "428552", "title": "", "text": "\"Investing in a business can be daunting and risky, so it is not for everyone. The most common pitfalls are mentioned here:  Beyond that:  It all sounds a bit like \"\"Don't trust anyone\"\" and sadly, this is true when there's a lot of money involved. So be prepared and do your homework, this sometimes will save you more money than you gain with your investments :) Good luck!\""}
{"_id": "428570", "title": "", "text": "\"I'm reminded of a conversation I had regarding food. I used the word 'diet' and got pushback, as I meant it in sense of 'what one eats'. That's what a diet is, what you eat in an average week, month, year. That list has no hidden agenda unless you want it to. If your finances are in good shape, debt under control, savings growing, etc, a budget is more of an observation than a constraint. In the same way that my bookshelf tells you a lot about who I am, books on finance, math, my religion, along with some on English and humor, my budget will also tell you what my values are.  Edit - In a recent speech, regarding Joe Biden, Hillary Clinton said \"\"He has a saying: \u2018Don\u2019t tell me what you value. Show me your budget and I will tell you what you value.\u2019 \"\" - nearly exactly my thoughts on this.  For the average person, a budget helps to reign in the areas where spending is too high. $500/mo eating out? For the couple hacking away at $30k in credit card debt, that would be an obvious place to cut back. If this brings you happiness, there's little reason to cut back. The budget becomes a reflection of your priorities, and if, at some point in the future, you need to cut back, you'll have a good understanding of where the money is going.\""}
{"_id": "428578", "title": "", "text": "I had a strange experience buying a new car.  They were offering a deal of 0.9% interest on the loan but only if the loan was above a certain amount.  Below that amount, the interest rate was something like 3%.  Given the amount I was willing to put down, it was cheaper to put less down and get the lower interest rate.  So, once you agree to the purchase price, you need to discuss what finance options they offer.  You might also check in advance with other loan providers (e.g. your bank) to see what offers they have."}
{"_id": "428592", "title": "", "text": "You'll have to ask for a refund of the Paysafecard credit to your bank account. From there, you'll be able to use a debit card associated to your bank account, or transfer it to Paypal. Here's the form to request the refund: https://customer.cc.at.paysafecard.com/customerrefund/start.xhtml You may have to provide copies of ID and proof of address, and there will be a 7.50 euro fee for the refund."}
{"_id": "428594", "title": "", "text": "They learn something that isn't as easily automated.  People used to make a living putting shoes on horses, and building pay phones, and so on. Things change. If you have no applicable skills, you have to go get some. It happens."}
{"_id": "428600", "title": "", "text": "SLA's or Service Level Agreements, [Wikipedia Link](https://en.wikipedia.org/wiki/Service-level_agreement) for business-class internet will have very high availability, and very short time-to-restoration.  Whereas, at your home, if a DSL or Coax line gets damaged between the CO and your home, it may take upwards of several days to a week before someone will repair the line. You're willing to pay less for home internet with the risk that you will have a multi-day outage.  Businesses can lose tens of thousands to tens of millions of dollars of productivity if their internet connections goes dark."}
{"_id": "428605", "title": "", "text": "What's going to happen when fewer people are able to start families or build stable lives/careers for themselves, due to the increased housing pressure things including AirBNB are putting on the market?   We're already seeing a little bit of that, and it's social chaos. It's just going to get worse.   BUT MUH MONEY."}
{"_id": "428612", "title": "", "text": "&gt;mid-sized resource-based economies  From Wikipedia:  [Australia](https://en.wikipedia.org/wiki/Economy_of_Australia):  &gt;The Australian economy is dominated by its service sector, representing 68% of GDP.  [Canada](https://en.wikipedia.org/wiki/Economy_of_Canada):  &gt;As with other developed nations, the Canadian economy is dominated by the service industry, which employs about three quarters of Canadians.  I'm no economist, but wouldn't that make these two service-based?"}
{"_id": "428616", "title": "", "text": "\"We had the same amount of jobs as in 2008 (actually we had slightly more!). We have not \"\"added\"\" any jobs. Site is down so I cannot check the article, but if you compare salaries across 2008 to today's wages, and you come up with 93 Billion in less wages, then what is the problem with the math?\""}
{"_id": "428617", "title": "", "text": "Well, duh.  Notice that the feminists complaining about the wage gap make statements that imply that it's ALL women and ALL men and that the jobs are the same in ALL cases.  Really?  Got any examples of a female minimum wage being less than the state mandated minimum wage?  No.  Didn't think so.  So at the bottom end of the scale the people getting paid next to nothing are earning just as little as the other people getting paid next to nothing.  And at the top of the scale?  Well, the WNBA players don't earn as much as the NBA players.  Big surprise.  But that's the problem with group assessment.  You take 100 pro atheles making millions and add them to a hundred thousand people making basically crap, and the whole scale slides"}
{"_id": "428619", "title": "", "text": "\"If the market is reasonably efficient, why wouldn't this become a self-defeating prophecy, with the eventual recovery priced in throughout the whole recession? Eventual, but when?  That is a big unknown.  In fact, even a recovery is not guaranteed.  Japan's long deleveraging process is brought up often enough with regard to our current long and painful economic downturn. Given that the business cycle isn't predictable This is one of the big issues.  If things were predictable, investing would be easy and there probably wouldn't be as much money to be made in it. owning stocks with a short time horizon is generally a bad idea Agreed.  However, it does not mean that this does not happen.  In fact, it happens every day.  It's called day trading.  Also, it is possible to make money that way, else it would not occur.  So, strictly speaking, whether it is a good or bad idea comes down to specific situations. why would anyone buy stocks in the first place if they weren't prepared to ride out a recession if one happens? These things tend to happen at the worst times and they have a way of compounding or piling-up.  E.g. you overextend yourself, the economy goes south, you find yourself jobless and unable to pay the mortgage, you are forced to liquidate some of your positions because you need cold, hard cash. Benjamin Graham is widely quoted to have stated that the stock market is a voting (opinion) machine in the short term and a weighing (fact) machine in the long term.  This may not feel very satisfying to you: but, it is just the way it is. While the dissemination of information may be relatively efficient, the interpretation of that information is quite variable.  It is not easy to put a number to most events.  (By \"\"put a number\"\" I mean determine the impact to the balance sheet.) It is a complicated system, with many inputs and many actors, which have varying goals.  While there may be an effective, Zen-like approach to investing, the markets cannot actually be simplified to \"\"buy low, sell high\"\" in practice.  Or, more specific to your question \"\"buy and hold\"\" is a simple idea, that is not necessarily easy to implement. Prompted by JoeTaxpayer's comment, I went searching for one of my favorite quotes regarding the markets: \"\"Markets can remain irrational a lot longer than you and I can remain solvent.\"\" -- John Maynard Keynes And, I came across this one, which I think applies quite well to this question: \"\"The long run is a misleading guide to current affairs. In the long run we are all dead.\"\" -- John Maynard Keynes\""}
{"_id": "428627", "title": "", "text": "\"If you are hard-working Japanese or German, it takes less than 10 years. This is with little investment from outside.  Actually, think about it this way: before the devastation, Japan and Germany were thriving economies to begin with.  In comparison, no matter how much money you throw at Afghanistan, Iraq, or \"\"Palestinians\"\", they will not have proper infrastructure and economy, before and after the devastation, DESPITE no need for outside investment because they have plenty of oil and minerals to sell.\""}
{"_id": "428652", "title": "", "text": "\"I think the issue here is the rules say that \"\"relevant current events in finance\"\" are acceptable when (I think) that wording is too loose.   \"\"Current events in finance\"\" is just very, very general, and anything related to central banking, monetary or fiscal policy, global austerity, analysis of index movements, sovereign defaults (and speculation thereof) qualifies a \"\"current events in finance\"\" - so technically, the rules aren't being broken. I think that having the language tightened a bit would help set the subreddit tone a little more accurately.\""}
{"_id": "428657", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/06/12/Public-Investment-Scaling-up-and-Debt-Sustainability-The-Case-of-Energy-Sector-Investments-44943) reduced by 50%. (I'm a bot) ***** &gt; The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.  &gt; This paper proposes a bottom-up approach to assess large public investments that are potentially self-financing and reflect their impact in macro-fiscal projections that underpin the IMF&amp;#039;s Debt Sustainability Analysis Framework.  &gt; Using the case of energy sector investments in Caribbean countries, the paper shows how to avoid biases against good projects that pay off over long horizons and ensure that transformative investments are not sacrificed to myopic assessments of debt sustainability risks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gydz6/imfpublic_investment_scalingup_and_debt/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~142844 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **IMF**^#1 **investment**^#2 **paper**^#3 **debt**^#4 **sustainability**^#5\""}
{"_id": "428664", "title": "", "text": "Hm well they might have enough volume going worldwide to book their own containers on ships. However unless you live in australia I'd say it was shipped by Airfreight. There is no way a freight ship got from shanghai to the US in short enough time to end up at your door in five days. And even to australia that's a stretch."}
{"_id": "428670", "title": "", "text": "Is it meant to turn Google+ into a winner? Google+ will grow naturally. It has more resources and funds than Facebook could ever dream of. Google+ has the luxury of being able to stay clean and not squeeze the user for every cent of advertising revenue. Exactly what Facebook used to have which allowed it to grow. As Facebook is forced to push on more ads, it will slowly decline just as myspace did and eventually end up having most of its users moving over to Google+."}
{"_id": "428671", "title": "", "text": "\"Your question asks \"\"how\"\" but \"\"if\"\" may be your issue. Most companies will not permit an external transfer while still employed, or under a certain age, 55 or so.  If yours is one of the rare companies that permits a transfer, you simply open an IRA with the broker of your choice. Schwab, Fidelity, eTrade, or a dozen others. That broker will give you the paperwork you need to fill out, and they initiate the transfer.  I assume you want an IRA in which you can invest in stocks or funds of your choosing. A traditional IRA. The term \"\"self-directed\"\" has another meaning, often associated with the account that permits real estate purchases inside the account. The brokers I listed do not handle that, those custodians have a different business model and are typically smaller firms with fewer offices, not country-wide.\""}
{"_id": "428689", "title": "", "text": "Is my understanding okay ? If so, it seems to me that this system is   rather error prone. By that I mean I could easily forget to make a   wire some day and be charged interests while I actually have more than   enough money on the check account to pay the debt. Which is where the credit card company can add fees so you pay more and they make more money. Don't forget that in the credit case, you are borrowing money rather than using your own. Another thing that bothers me is that the credit card apparently has a   rather low credit limit. If I wanted to buy something that costs $2500   but only have a credit limit of $1500, can I make a preemptive wire   from my check account to the VISA account to avoid facing the limit ?   If so, what is the point for the customer of having two accounts (and   two cards for that matter...) ? If you were the credit card company, do you believe people should be given large limits first? There are prepaid credit cards where you could put a dollar amount on and it would reject if the balance gets low enough. Iridium Prepaid MasterCard would be an example here that I received one last year as I was involved in the floods in my area and needed access to government assistance which was given this way. Part of the point of building up a credit history is that this is part of how one can get the credit limits increased on cards so that one can have a higher limit after demonstrating that they will pay it back and otherwise the system could be abused. There may be a risk that if you prepay onto a credit card and then want to take back the money that there may be fees involved in the transaction. Generally, with credit cards the company makes money on the fees involved for transactions which may come from merchants or yourself as a cash advance on a credit card will be charged interest right away while if you buy merchandise in a store there may not be the interest charged right away."}
{"_id": "428694", "title": "", "text": "Why do you want to improve your credit score? Did you want to buy something? If not, I don't see the point in improving it. If you want to buy something, you can work towards long-term solutions like others have mentioned. In the short term, you can dispute the accuracy of all the negative line items in your report. This will give you a short boost in your credit report while the line items are being investigated as they will be taken off your credit report in the mean time. If you're looking to get a car or mortgage a home, you could time your dispute with purchasing the high dollar assets. This is a trick that does work, but you have to make your move while your credit score is the best it can be."}
{"_id": "428696", "title": "", "text": "I would recommend wire transfer.  I was in your position some years ago, and the US$ cheque took 6 weeks to clear. Wire transfer fees are generally a few tens of pounds, depending on the banks involved."}
{"_id": "428709", "title": "", "text": "I would even say that talent is really just the long term effects of effort and luck. When I bother to consider my talent with computers - it's partly luck - good genetics, access to them when I was young - and partly effort - working with computers from the time you're six goes a long way."}
{"_id": "428730", "title": "", "text": "quid has expressed some of the disadvantages with this approach, but there is another. Vendors will not want to give you any goods you buy with your credit card until they are sure they will get the money. With your suggested approach buying something with a credit card now looks like: No vendor is going to stand for this for even moderate sized transactions, so in reality they will just decline your card if you have this facility enabled."}
{"_id": "428737", "title": "", "text": "They aren't giving stuff away their resources for free. If they bail Europe they would get a massive boost in international clout and political power.  He who controls the purse strings, controls the world. When you give aid to a country, that country is pretty much your bitch. I mean, look at the power the US has over all of Central and South America. Hell you can even look at Pakistan, the US kills civilians over there with drones, yet Pakistan doesn't dare stand up to the US since the US provides billions in aid to Pakistan.  The US pays the bill for a large part of IMF, NATO, and the UN. And for those reasons, the UN/IMF/NATO is pretty much just a puppet of the US. If the US doesn't agree with something, none of those organizations will contradict the US. None of them can, the US foots the bill for most of their funding.  A China that just sits on $3.1 trillion dollars has zero world influence. Money that sits in a bank has no power. But when China spends those trillions, and trades them for power and influence. That's when China will turn into a superpower."}
{"_id": "428746", "title": "", "text": "My instinct says that there should be no difference. Your instincts are right. Your understanding of math is not so much. You sold $100K at the current price of 7500000RUB, but ended up buying at 3500000, you earned 3500000RUB. That's 100% in USD (50% in RUB). You bought 7500000RUB for the current price of $100K, but sold later for $200K. You earned $100K (100% in USD), which at that time was equal 3500000RUB. You earned 3500000RUB. That's 50% in RUB. So, as your instincts were saying - no difference. The reason percentages are different is because you're coming from different angles. For the first case your currency is RUB, for the second case your currency is USD, and in both cases you earned 100%. If you use the same currency for your calculations, percentages change, but the bottom line - is the same."}
{"_id": "428764", "title": "", "text": "\"But their economy is based on -- built upon -- the very concept of debt, just like the U.S. and most other advanced economies on the planet. Debt itself isn't the problem -- having to borrow to get capital and then *service the debt* is where the problems appear because whilst one group in the economy continues this old pattern of issuing debt and expecting payback with interest, another prominent group has been undercutting the ability of debtors to service their debt by shifting how products and services develop and are used by the public. It's the old \"\"watch this hand\"\" trick with the other hand stabbing you when you're not looking.  Simply put, you can't have an economy based upon the debt/return-on-interest model while -- at the very same time -- having an economy based on make-everything-in-China/India production/service model: If you make people have to borrow money to have money, then you *must* give them a way to service that debt; otherwise, you're just a daft bastard who refuses to acknowledge that adding two and two returns four; an imbecile who insists that he can indeed have his cake and eat it too; I could go on but the point is made.\""}
{"_id": "428771", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://dissidentvoice.org/2013/07/can-an-lvt-save-us/) reduced by 93%. (I'm a bot) ***** &gt; They amended their LVT to add a tax on property improvements but should have done the opposite - increase the LVT and reduce other taxes.  &gt; By adopting an LVT, they guarantee themselves sufficient income to provide government and public services - without falling into the predatory clutches of international bankers and the IMF. In his 2011 book Re-Solving the Economic Puzzle, Walter Rybeck relates how the US contemplated LVT enabling legislation during the Carter administration.  &gt; Five other states have passed LVT enabling legislation - Connecticut, Maryland, New York, Pennsylvania, Virginia, Washington - to make it easier for local communities to adopt an LVT. Other American communities that have already benefited from an LVT include California&amp;#039;s Central Valley, Fairhope in Alabama, Arden in Delaware, and Pittsburgh and other cities in Pennsylvania.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hxn1x/can_an_lvt_save_us_dissident_voice/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146992 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **LVT**^#1 **Land**^#2 **economic**^#3 **Harrison**^#4 **Tax**^#5\""}
{"_id": "428782", "title": "", "text": "I'll add Robert Shiller's [Irrational Exuberance](https://en.wikipedia.org/wiki/Irrational_Exuberance_(book) too, to summarize the recent era of Wall Street booms and busts.   The best books I've ever read on finance are [Nassim Taleb](https://en.wikipedia.org/wiki/Nassim_Nicholas_Taleb)'s. But they're mostly about his own analysis of financial phenomena, and they approach financial history mostly from that highly unique viewpoint."}
{"_id": "428783", "title": "", "text": "Yes. It's called executive hedging, and it's a lot more common than most people know. As long as it's properly disclosed and the decision is based on publicly available information, there's technically nothing wrong with it.  Krispy Kreme, Enron, MCI, and ImClone are the most notable companies that had executives do it on a large scale, but almost every company has or had executives execute a complex form of hedging known as a prepaid variable forward (PVF). In a PVF, the executive gives his shares to an investment bank in exchange for a percentage of cash up front. The bank then uses the executive shares to hedge in both directions for them. This provides a proxy that technically isn't the executive that needs to disclose.  There's talk about it needing to be more public at the SEC right now. http://www.sec.gov/news/statement/020915-ps-claa.html"}
{"_id": "428786", "title": "", "text": "How so? If i sell short, then i make a profit only if the price goes down so i can buy back at a lower price. Yes, but if the price is going up then you would go long instead. Shorting a stock (or any other asset) allows you to profit when the price is going down. Going long allows you to profit when the price is going up. In the opposite cases, you lose money. In order to make a profit in either of those situations, you have to accurately assess which way the price will trade over the period of time you are dealing with. If you make the wrong judgment, then you lose money because you'll either sell for a lower price than you bought (if you went long), or have to buy back at a higher price than you sold for (if you went short). In either case, unless the trader can live with making a short-term loss and recouperating it later, one needs a good stop-loss strategy."}
{"_id": "428798", "title": "", "text": "College for Financial Planning.  I completed about 80% of the series before I quit being a financial advisor.  It's all very straight forward, but buy some extra highlighters... lots of material.  If you have a finance degree you'll know a lot of it already.  It's not too difficult, just stay committed and put together a study schedule... oh, and take the practice tests.  Those help a lot."}
{"_id": "428800", "title": "", "text": "Relative valuation is always my go to. Reason being i can make any company a buy or sell by changing assumptions such as growth rate, discount rate ect with a DCF. Still a great exercise to complete on all investments. Also an RV will help you pick the best out of the group (hopefully) rather than take  a stance on whether you can actually predict the future inputs ( no one can)"}
{"_id": "428823", "title": "", "text": "Well, that would be a breach of contract. I'm not sure whether it would trump the legal tender law or not (IANAL).  &gt;If people voluntarily choose to, what's the problem?  Nothing. Nothing at all is the problem, which is why i'm not sure why you aren't doing so right now. It's perfectly legal."}
{"_id": "428829", "title": "", "text": "It\u2019s really hard to interpret the scale of this effect.  How many listings does an area need to have for this to hold true? If a town goes from 5 listings to 25 (400% increase!) would that translate to a 15% increase in average rent? Probably not.  Percent of total housing stock being listed on Airbnb would probably be a better measurement.  At least in NYC, the city of perpetually too high rent, the rate of rent increases has been relatively low, despite the rise of Airbnb over the last few years.  Without reading the (not yet published ) study that this article is reporting on, it\u2019s not possible to say whether the .39% increase in rent is a meaningful contribution, or a barely measurable statistic."}
{"_id": "428844", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.federalreserve.gov/econres/feds/files/2017086pap.pdf) reduced by 99%. (I'm a bot) ***** &gt; 15 \f5.2 Pass-Through of the MIP Reduction to Borrowers Was the MIP cut fully passed through to borrowers? Previous research has found that price reductions in the mortgage backed securities market are not fully passed through to consumer-facing interest rates, particularly in times of high mortgage borrowing volume.  &gt; Second, the cost of borrowing jumps discontinuously at an 80% LTV ratio, as borrowers have to pay annual and upfront insurance premiums on the entire loan balance once they cross that threshold, in addition to interest and insurance on the additional amount borrowed.  &gt; Taking FHA borrowers in 2015, we approximate their counterfactual DTI ratio as:  =  + 0.005   where DTIc is the counterfactual DTI ratio, DTIf is the ratio in the data, L is the loan amount at origination and Y is the borrower&amp;#039;s income as reported in HMDA. In the merged HMDA/Optimal Blue data, the average FHA borrower in 2015 would have a DTI 1.6 percentage points higher under the old premiums than under the reduced premiums.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6v3vm5/fed_the_effect_of_interest_rates_on_home_buying/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~195634 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **borrow**^#1 **FHA**^#2 **loan**^#3 **rate**^#4 **premium**^#5\""}
{"_id": "428847", "title": "", "text": "&gt;The banks needed as many loans as possible because they thought they could sell them all.  You mean they could not sell them fast enough.  There was more demand than the supply for this trash paper.  When the demand was still there and the supply of even half-way legitimate loan salad CDOs ran out, the banks started to push into ever riskies and riskier loans just to fill the limitless demand.  This insane demand is part of the problem.  It means the wealth is too concentrated and there are a shitton of billionaires with nothing to invest their idiotic billions into, no reasonable account to park their money at, etc...  If there was no demand for this trash paper, the whole thing would have gone nowhere."}
{"_id": "428848", "title": "", "text": "I dig the entire stable of Motley Fool podcasts. Motley Fool Money and Market Foolery are pretty fun and Industry Focus can offer some interesting insight.  I also enjoy the marketplace podcast with Kai Ryssdal. However some of the human interest pieces can stray farther from finance than I would like."}
{"_id": "428851", "title": "", "text": "Buy amazing personalized bracelet from our online store and maximum discount on shopping of these beautiful gold necklace and gold rings. Adriana Fine Jewelry is one of the most popular shops in the San Diego, CA, it is online sore where women can buy a wide range of gold Personalized bracelet within affordable prices. Along with these things we also all types of credit and debit cards, Adriana Fine Jewelry also offers your return and refund of your items. For further more details about the personalized bracelet, visit to our website."}
{"_id": "428889", "title": "", "text": "And I bet you want to tax those machines too? After all theft is the most efficient means of production right? But we will have to work to feed those machines just to keep up on our taxes or be thrown in prison. Right?"}
{"_id": "428894", "title": "", "text": "Really the points highlighted in the content are very good. Like these points:  1. Develop influencer based survey plans to gain customer opinions for building new ideas 2. Gain feedbacks that help to maximize future outreach efforts 3. Making key influencers a member of your board or your marketing team to cultivate long-term business relationships  helped me a lot to restructure my own businesses brand visibility and [increase the influencer outreach](https://www.convergehub.com/blog/influencer-outreach-to-perk-up-brand-visibility)."}
{"_id": "428895", "title": "", "text": "Inflation is theft!  It is caused when banks lend money that someone deposited, but still has claim to - called fractional reserve banking.   On top of that, the Federal Reserve Bank (in the US) or the Central Bank of the currency (i.e. Bank of Japan, European Central Bank, etc.) can increase the monetary base by writing checks out of thin air to purchase debt, such as US Treasury Bonds. Inflation is not a natural phenomenon, it is completely man-made, and is caused solely by the two methods above. Inflation causes the business cycle.  Lower interest rates caused by inflation cause long-term investment, even while savings is actually low and consumption is high.  This causes prices to rise rapidly (the boom), and eventually, when the realization is made that the savings is not there to consume the products of the investment, you get the bust. I would encourage you to read or listen to The Case Against the Fed by Murray N. Rothbard - Great book, free online or via iTunes."}
{"_id": "428900", "title": "", "text": "There are several variables to consider. Taxes, fees, returns. Taxes come in two stages. While adding money to the account you can save on state taxes, if the account is linked to your state. If you use an out of state 529 plan there is no tax savings. Keep in mind that other people (such as grandparents) can set aside money in the 529 plan. $1500 a year with 6% state taxes, saves you $90 in state taxes a year. The second place it saves you taxes is that the earnings, if they are used for educational purposes are tax free. You don't pay taxes on the gains during the 10+ years the account exists. If those expenses meet the IRS guidelines they will never be taxed.  It does get tricky because you can't double dip on expenses. A dollar from the 529 plan can't be used to pay for an expenses that will be claimed as part of the education tax credit. How those rules will change in the next 18 years is unknown. Fees: They are harder to guess what will happen over the decades. As a whole 401(k) programs have had to become more transparent regarding their fees. I hope the same will be true for the state run 529 programs.  Returns: One option in many (all?) plans is an automatic change in risk as the child gets closer to college. A newborn will be all stock, a high school senior will be all bonds. Many (all?) also allow you to opt out of the automatic risk shift, though they will limit the number of times you can switch the option. Time horizon Making a decision that will impact numbers 18 years from now is hard to gauge. Laws and rules may change. The existence of tax breaks and their rules are hard to predict. But one area you can consider is that if you move states you can roll over the money into a new account, or create a second account in the new state. to take advantage of the tax breaks there.  There are also rules regarding transferring of funds to another person, the impact of scholarships, and attending schools like the service academies. The tax breaks at deposit are important but the returns can be significant. And the ability shelter them in the 529 is very important."}
{"_id": "428902", "title": "", "text": "Cooking cheaply is time consuming. We cook cheaply, but we take more time to do it. May be hard for a busy family.  If you cook everything from scratch, it's usually a lot cheaper. Also pre-planning meals helps.  If you can coordinate your ingredients, you can save money.  Saving money takes time and practice. I find that when we're rushed, we waste a lot more food than when we properly take the time required."}
{"_id": "428910", "title": "", "text": "Definitely not.  Credit cards only exist to suck you into the soulless corporate system.  What you want to remember here is that you can't trust banks, so you'll want to convert all your savings into some durable asset, say, bitcoins for example, and then hoard them like Smaug until after the Fall."}
{"_id": "428911", "title": "", "text": "A home away from home \u2013 This is essentially the main reason why RVs were invented: to serve as a home on the road. You wouldn\u2019t need to worry if the place you\u2019ll spend the night is cozy or not, because you have your home with you."}
{"_id": "428913", "title": "", "text": "Distributions of interest from bonds are taxable as income by the Federal, state and municipal (if applicable) government. End of year fund distributions are subject to capital gains taxes as well. You can minimize taxation by: Note that the only bonds that are guaranteed safe are US Government obligations, as the US government has unlimited taxation powers and the ability to print money. Municipal obligations are generally safe, but there is a risk that municipal governments will default. You can also avoid taxation by not realizing gains. If you buy individual stocks or tax-efficient mutual funds, you will have minimal tax liability until you sell. Also, just wanted to point out that bonds do not equal safety and money markets do not pay sufficient interest to offset inflation, you need a diversified portfolio. Five year treasury notes are only paying 1.3% now, and bond prices drop when interest rates go up. Given the level of Federal spending and the wind-down of the war, its likely that rates will rise."}
{"_id": "428941", "title": "", "text": "\"&gt; 1). How is a loan an asset? I'm the bank and I have 100$. I loan Jimmy 20$. With interest I expect him to pay back 25$. My books sure as shit shouldn't say I'm worth 105$ or even 100$!  If you *extend* a loan to someone, the loan is an asset to you and a liability to them. It's a liability to them because they *owe* you the loan + interest back. It's an *asset* to you because you expect to retrieve the full loan principal AND interest back. There is no difference, cash flow wise, between spending $100 on a machine that makes fidget spinners and earns you $110 back ($10 profit) and extending a loan to Billy at 10% interest (you'll get $110 back, $10 profit).   &gt; My books sure as shit shouldn't say I'm worth 105$ or even 100$!  Why not? I have $100 cash. I loan it out to Billy at 10% interest. Billy is creditworthy and reliable, and certain collateral is in place. I'm worth, essentially, a discounted cash flow of $110 (which as long as my required return is less than 10%, means I'm worth *more* than $100).   &gt; I gave away 20$. I'm worth 80$ right?  No. That assumes you spent $20 and won't get *any* of it back. It's the same as ordering a $20 pizza and eating it all.   Now, the *cash* you have on your *balance sheet* would be $80, but you'd have a loan outstanding as an asset at $20, which is a net 0 movement in equity on the other side.   &gt; Sure I can put it on my books that Jimmy owes me 20$ but I cannot be acting like I HAVE that 20$ can I?  Well, yes and no. On one hand, you are certainly *worth* more than $80 in your scenario. However, banks have some stringent regulations preventing banks from being overly risky.   &gt;  Isn't that how the 08' crash happened?  No. '08 happened from a culmination of many different events, including risky and predatory loan origination, conflicts of interest in credit rating agencies, and low Fed rates, among other issues, including several \"\"domino effect\"\" secondary issues.   &gt; Is the risk of default accounted for?   Theoretically, the risk of default is accounted for in two areas:  1. The interest rate extended to the debtor.  2. A provision for loan losses.   &gt; \"\" because default risk is not transferred with the asset.\"\"  In what context was this seen? No one would willingly sell an asset but hold on to the risk (or they'd charge a high price, at least, for that).    Student loans are a special case. In the U.S., they are generally *non-cancellable.* They survive everything, including bankruptcy. They don't have collateral. Basically, they're going to follow the person around, regardless of situation, INCLUDING simply not paying. This makes default risk (or rather loss risk) lower.  A large portion of loans come from the federal government, which means to a pretty high degree, they are guaranteed by the government. This also makes loss risk lower. The government can garnish wages and all sorts of unpleasant things to get the money back. Even if losses are realized, taxes can (and will) make up the difference.   Private loans have a bit less leeway in these regards, but they still are immune to bankruptcy currently. As such, while they don't have all the tools of the government, they're still essentially invincible.\""}
{"_id": "428950", "title": "", "text": "\"You know, people shit on Taco Bell for giving them \"\"the runs\"\" or say their food is terrible, and so on.  But looking at the business's sales numbers, I don't see a real problem.  Taco Bell is profitable, and this move is expanding into a new market.  That's a win.  On a personal note, Taco Bell's has become [one of the healthiest fast food chains in the nation](http://www.businessinsider.com/taco-bell-is-now-one-of-americas-healthiest-fast-food-chains-2016-10) in recent years, and the quality of their food has drastically improved since we were kids.    On a slightly more personal note, if eating at Taco Bell gives you the shits, I'd say you need to go see a doctor.  That's not normal.\""}
{"_id": "428953", "title": "", "text": "My first credit card was a JC Penney card, 30-ish years ago.  I had a steady job paying maybe $11/hr at the time, and putting that on the application (with no other long-term debts) was all it took.  They gave me a card and a $4100 limit!!!!  I bought some clothes and stuff there every month or so, and paid the bill in full every month by the due date.    After a few months of that, I was able to apply and get approved for a Visa card (having the JCP card already helped).  After that, just keep on buying and paying in full every month.    Eventually you'll buy a car, and the credit history from the cards will help you get approved for that.  Continue making your payments on time every month.  Same with a house/condo (just bigger).  Basically, don't spend more that you can afford, make your payments regularly and on time.  Pay in full--do NOT just make the minimum payments...that's a recipe for disaster!!!  Don't miss payments, and try not to be late on them.  A late payment once in a great while isn't the end of the world, as long as you pay the late fees and interest charges."}
{"_id": "428973", "title": "", "text": "\"Why do online services ask for all those CVV codes and expiration date information, if, whenever you poke the card out of your wallet, all of its information becomes visible to everyone in the close area? What can I do to secure myself? I'd guess that's to protect the card company, not you.  The number of the card is guessable, but each other bit of information makes it much harder to guess (the CVV code makes it ~1000 times harder, the expiration date makes it about 50-100 times harder).  Since you wouldn't be responsible for the payment anyway, adding security for online transactions provides the company with less liability. As for the security of your information online, that's trickier. It depends entirely on the site you're using whether they've implemented the appropriate security measures or not (and, given the SSL attacks we've seen, even that might not help).  (source: I'm a web developer, and have worked on payments systems before that implemented the security mandated by the cards).  At the very least never, ever type in your information on a non-https site (there's normally a little \"\"lock\"\" icon that will display if you're on HTTPS instead of HTTP).\""}
{"_id": "428978", "title": "", "text": "They have recently launched an iphone app 'Billguard' in UK which does accounts aggregation which is similiar to mint.com. You can also use try 'Ontrees' iphone app which is another account aggregation software. I am using Yodlee Money center Website for past 4 years which support lot of bank internationally including all major UK banks and creditcards."}
{"_id": "428979", "title": "", "text": "That's very true, but there are companies that have business models which would be viable if that gun were taken off the table. These are the good companies.  Our focus should be on diminishing the power of Washington to play favorites, as that will clear the way for the deserving to succeed and the undeserving to fail."}
{"_id": "428980", "title": "", "text": "In these days, the trip is the last preference for the people to visit various places internationally. The human beings additionally visit various places of interest for commercial enterprise, satisfaction, and different matters. In the prevailing marketplace, there are masses of travel agents available and pick the precise one which suits their wishes and necessities of the business travel. The Complete travel brokers Inc is the separate one for the handing over the best carrier to the company organization. The tour agents are the professionally one that offers the tour consulting career in a really perfect manner."}
{"_id": "428983", "title": "", "text": "You would have paid $880.00 plus commission in this case, and made $85 before commissions. How much you would have made on expiration depends on the price that TSLA has on April 1, which hasn't come yet.  If it expires worthless, you typically don't pay a commission but you will have lost the full $880.  If it expires in the money and you want to exercise it, then you would pay a commission (often different than the commission to buy/sell the option itself) and you would have 100 shares of TSLA.  You won't know how much you make or lose in this case until you ultimately sell the shares of TSLA."}
{"_id": "429010", "title": "", "text": "The US never *had* this...Average people have *always* been considered cogs in the machine in America.  It's a part of the twisted ethic that runs this place.  Those who lift themselves above the morass are those who are celebrated and objectified.  Those who cannot deserve their fate.  It's why we can't have nice things."}
{"_id": "429011", "title": "", "text": "This American Life #355 did an interesting take on the housing crisis. Overall a very good podcast, I believe they had another episode covering similar items as well.  This has the added benefit of not just covering what happened, but getting into the real people behind the actions of the system."}
{"_id": "429012", "title": "", "text": "\"The best answer to this is: Read the fine print on your credit card agreement. What is common, at least in the US, is that you can make any charges you want during a time window.  When the date comes around that your statement balance is calculated, you will owe interest on any amount that is showing up as outstanding in your account.  Example...  To revise the example you gave, let's say Jan 1. your account balance was $0. Jan. 3rd you went out and spent $1,000.  Your account statement will be prepared every XX days... usually 30. So if your last statement was Dec. 27th, you can expect your next statement to be prepared ~Jan.24 or Jan. 27.  To be safe, (i.e. not accrue any interest charges) you will want to make sure that your balance shows $0 when your statement is next prepared.  So back to the example you gave--if your balance showed $1,000... and you paid it off, but then charged $2,000 to it... so that there was now a new set of $2,000 charges in your account, then the bank would begin charging you interest when your next statement was prepared.  Note that there are some cards that give you a certain number of days to pay off charges before accruing interest... it just goes back to my saying \"\"the best answer is read the fine print on your card agreement.\"\"\""}
{"_id": "429023", "title": "", "text": "Unless you plan to sell your home and live in a box during your retirement I wouldn't consider it an investment that is a viable replacement for a retirement account. Consider this: Even if housing prices DO go way up, you still need a place to live. When you sell that house and try to buy another one to live in, you will find that the other houses went up in price too, negating your gain. The only way this might work is if you buy a much bigger house than you will need later and trade down to pull out some equity, or consider a reverse-mortgage for retirement income."}
{"_id": "429037", "title": "", "text": "What about changing the income tax to a national sales tax and putting different products and services on a tiered system.  Basic necessities would be taxed at a lower rate (if at all), then you work up the tiers towards purely luxury items that are taxed at a much higher rate?  That would give us the benefits of a sales tax while, at the same time, not placing an extra burden on the lower class (who would, presumably, need to spend a higher portion of their income on basic necessities)."}
{"_id": "429047", "title": "", "text": "\"This is awfully naive. \"\"Artists\"\" are people too, who need to put food on the table. So yeah, if Gladwell wasn't getting paid to write books about interesting things, he would stop doing it. He would not make it back in personal appearances. Without comparing the two, Shakespeare himself was a commercial hack out to make a buck. Art may be what sustains the soul, but money is what sustains just about everything else.\""}
{"_id": "429065", "title": "", "text": "The essential (and obvious) thing to avoid getting back into debt (or to reduce debt if you have it) is to make your total income exceed your total expenses. That means either increasing your income or reducing your total expenses.   Either take effort.   Basically, you need a plan. If your plan is to increase income, work out how.  If the plan is to increase hours in your current, you need to allow for your needs (sleep, rest, etc) and also convince your employer they will benefit by paying you to work more hours.   If your intent is to increase your hourly rate, you need to convince a current or prospective employer that you have the capacity, skills, etc to deliver more on the job, so you are worth paying more.    If your intent is to get qualifications so you can get a better paying job, work out how much effort (studying, etc) you will apply, over how long, what expenses you will carry (fees, textbooks, etc), and how long you will carry them for (will you accept working some years in a higher paying job, to clear the debt?). Most of those options involve a lot of work, take time, and often mean carrying debt until you are in a position to pay it off.     There is nothing wrong with getting a job while studying, but you have to be realistic about the demands.   There is nothing sacrosanct about studying that means you shouldn't have a job.   However, you need to be clear how many hours you can work in a job before your studies will suffer unnecessarily, and possibly accept the need to study part time so you can work (which means the study will take longer, but you won't struggle as much financially). If your plan is to reduce expenses, you need a budget.    Itemize all of your spend.  Don't hide anything from that list, no matter how small.   Work out which of the things you need (paying off debt is one), which you can get rid of, which you need to reduce - and by how much.   Be brutal with reducing or eliminating the non-essentials no matter how much you would prefer otherwise.  Keep going until you have a budget in which your expenses are less than your income.   Then stick to it - there is no other answer.    Revisit your budget regularly, so you can handle things you haven't previously planned for (say, rent increase, increase fees for something you need, etc).    If your income increases (or you have a windfall), don't simply drop the budget - the best way to get in trouble is to neglect the budget, and get into a pattern of spending more than you have.   Instead, incorporate the changes into your budget - and plan how you will use the extra income.   There is nothing wrong with increasing your spend on non-essentials, but the purpose of the budget is to keep control of how you do that, by keeping track of what you can afford."}
{"_id": "429081", "title": "", "text": "Not really. It's going to be a while before a machine can actually prepare food. Cashier(inside, I'm assuming drive through requires a human to do) is only a very small part of what happens in fast food. It's where managers would put people who were lazy at making food and the younger, girls(who may or may not have been fine elsewhere).  Most people are preparing food in some way and let me tell you how hard it is to have a machine replace those people.  Rushes in fast food are insane and making all the options they have is quite complex for a machine. It's not easy at all and we are quite far away from it."}
{"_id": "429106", "title": "", "text": "Our company does a lot of research on the self-directed IRA industry. We also provide financial advice in this area. In short, we have seen a lot in this industry. You mentioned custodian fees. This can be a sore spot for many investors. However, not all custodians are expensive, you should do your research before choosing the best one. Here is a list of custodians to help with your research Here are some of the more common pros and cons that we see. Pros:  1) You can invest in virtually anything that is considered an investment. This is great if your expertise is in an area that cannot be easily invested in with traditional securities, such as horses, private company stock, tax liens and more. 2) Control- you have greater control over your investments. If you invest in GE, it is likely that you will not have much say in the running of their business. However, if you invest in a rental property, you will have a lot of control over how the investment should operate. 3) Invest in what you know. Peter lynch was fond of saying this phrase. Not everyone wants to invest in the stock market. Many people won't touch it because they are not familiar with it. Self-directed IRAs allow you to invest in assets like real estate that you know well. Cons: 1) many alternative investments are illiquid. This can present a problem if you need to access your capital for withdrawals. 2) Prohibited transactions- This is a new area for many investors who are unfamiliar with how self-directed IRAs work 3) Higher fees- in many cases, the fees associated with self-directed IRA custodians and administrators can be higher. 4) questionable investment sponsors tend to target self-directed IRA owners for fraudulent investments. The SEC put out a good PDF about the risks of fraud with self-directed IRAs. Self Directed IRAs are not the right solution for everyone, but they can help certain investors focus on the areas they know well."}
{"_id": "429119", "title": "", "text": "Sounds like 'up-selling'.    You can harden yourself into being a 'tough sell' but it takes time and a lot of shopping.     The quickest way to put up a defense is to never ever make a purchase over $100 without 'sleeping on it'.  Just walk away, tell them you'll think it over, and go do some more research.   Don't go back into a dealership or store that has hit you with guilt or pressure or a crazy price or whatever.   Find a no-haggle or no-frills source, or even a source to buy a used version of the item you want."}
{"_id": "429123", "title": "", "text": "\"New SEC rules also now allow brokers to collect fees on non-dividend bearing accounts as an \"\"ADR Pass-Through Fee\"\". Since BP (and BP ADR) is not currently paying dividends, this is probably going to be the case here. According to the Schwab brokerage firm, the fee is usually 1-3 cents per share. I did an EDGAR search for BP's documents and came up with too many to read through (due to the oil spill and all of it's related SEC filings) but you can start here: http://www.schwab.com/public/schwab/nn/m/q207/adr.html\""}
{"_id": "429133", "title": "", "text": "Dazed, an RESP is a type of account.  Within the RESP, you can have cash, investments or even savings vehicles like GICs etc.  So depending on where you put the money within the RESP, yes, there is a chance of losing money. If you think your children will attend post secondary education, I don't think that there is a better way to save.  The government will match 20% of your contribution, up to a maximum grant of $500 per year. To take advantage of the grant, we contribute $2500 per year to obtain the maximum $500 grant. Hope this helps!"}
{"_id": "429147", "title": "", "text": "From your question, I am guessing that you are intending to have stoploss buy order. is the stoploss order is also a buy order ?  As you also said, you seems to limit your losses, I am again guessing that you have short position of the stock, to which you are intending to place a buy limit order and buy stoploss order (stoploss helps when when the price tanks). And also I sense that you intend to place buy limit order at the price below the market price. is that the situation?  If you place two independent orders (one limit buy and one stoploss buy). Please remember that there will be situation where two orders also get executed due to market movements. Add more details to the questions. it helps to understand the situation and others can provide a strategic solution."}
{"_id": "429153", "title": "", "text": "\"I've run into two lines of thinking on cars when the 0% option is offered.  One is that you should buy the car with cash - always.  Car debt is not usually considered \"\"good debt,\"\" as there is no doubt but that your car will depreciate.  Unless something very odd happens or you keep the car to antique status (and it's a good one), you won't make money off of it. On the other hand, with 0% interest - if you qualify, and remember that dealer promotions aren't for everyone, just those who qualify - you can invest that money in a savings account, bonds, a mutual fund, or the stock market and theoretically make a lot more over the 5 years while paying down the car.  In that case, you really only need to make sure you save enough to make the payment low enough for your comfort zone. Personally I prefer to not be making a car payment.  Your personal comfort level may vary. Also, in terms of getting your money's worth a gently used car in good condition is miles better than a new car.  Someone else took the hit on the \"\"drive it off the lot\"\" decline in price for you.\""}
{"_id": "429169", "title": "", "text": "I disagree with the other posters, the best sales person has a very easy job, but a great network of connections to clients. The company is paying a lot for the connections, because that's how they make money, and some amount of money for the salesperson's (less technical) work.  Depending on how much you trust the management above you to treat you well, you should either continue working hard and hopefully get promoted, or slouch, do no more work than your job requires, and write off any advancement at your current employer."}
{"_id": "429172", "title": "", "text": "The person you're talking to is probably someone in the company. They need to convey the message to their bank. So you need to explain it to them as if they were 3 year old kids. You may be used to SWIFT transactions because that's how you always get paid, but unless the UK firm regularly employes Russian freelancers, this is probably the first time ever they have heard of it. Similarly, someone in the local branch of their community bank has probably never heard of it before either. In Europe they use IBANs and SWIFTs are rather uncommon. Be patient, explain the issue and the solution in as many words as you can, and suggest them putting you on speaker at the bank so that you could talk directly to the person executing the transaction. If you do the same on your side and let the bankers talk directly to each other - that would probably be ideal."}
{"_id": "429187", "title": "", "text": "I think so. Where we are, the store-bought diapers are similarly expensive, so we pay something like a 2-4 cent/diaper markup for the honest diapers, including shipping. I found the honest diapers were a lot better at containing blowouts than pampers, and it's a lot easier to tell when a diaper is soaked through. Given a free pack of each, honest diapers and pampers, I'd put the honest diapers on my kid's butt first."}
{"_id": "429190", "title": "", "text": "I'm going to offer a contrarian answer. Depending on how big the jackpot is, I would suggest that your best bet might be the annuity over the lump sum. Not because of math, but because of behavior.  Let's say that you are looking at a jackpot of hundreds of millions, and the annuity option is tens of millions each year. For me, even the annual payment of the annuity is more money than I can even comprehend. Do I trust myself to handle the lump sum? No. I have no experience with that kind of money, nor does anyone I know. By taking the annuity option, I allow myself to figure it out a piece at a time. If I make a mistake by choosing the wrong advisor or spending more than I should, I can learn my lesson and do better with next year's payment.  There are too many stories of past lottery winners who blow it all early and end up broke. The annuity option protects you from yourself.  But, you don't have to take my word for it: New York Times, Jan 12, 2016: Dear Powerball Winner: Take Our Advice and Take the Annuity"}
{"_id": "429196", "title": "", "text": "\"As @ApplePie pointed out in their answer, at any given time there is a finite amount of stock available in a company. One subtlety you may be missing is that there is always a price associated with an offer to buy shares. That is, you don't put in an order simply to buy 1 share of ABC, you put in an order to buy 1 share of ABC for $10. If no one is willing to sell a share of ABC for $10, then your order will go unfilled. This happens millions of times a day as traders try to figure the cheapest price they can get for a stock. Practically speaking, there is always a price at which people are willing to sell their shares. You can put in a market order for 1 share of ABC, which says essentially \"\"I want one share of ABC, and I will pay whatever the market deems to be the price\"\". Your broker will find you 1 share, but you may be very unhappy about the price you have to pay! While it's very rare for a market to have nobody willing to sell at any price, it occasionally happens that no one is willing to buy at any price. This causes a market crash, as in the 2007-2008 financial crisis, when suddenly everyone became very suspicious of how much debt the major banks actually held, and for a few days, very few traders were willing to buy bank stocks at any price.\""}
{"_id": "429215", "title": "", "text": "I'm surprised to even hear this question with the current state of devaluation of real estate.  One thing I'll add to the other answers is to make sure you are doing a true apples/apples comparison to other investments when considering real estate. You can't just take subtract the purchase price from the sales price to get your ROI.  Real estate has very heavy carry costs that you need to factor into any ROI calculation including: One more point: A house that you live in shouldn't be considered an investment, but rather an expense. You have to be able to liquidate an investment and collect your return. Unless you plan to move back in with your parents, you are always going to need a place to live so you can never really cash out on that investment, except perhaps by downgrading your lifestyle or a reverse mortgage."}
{"_id": "429251", "title": "", "text": "When youre young, youre basically a sponge. You dont really know much (sorry) so you just kinda set out to learn all these new things. When you get old, you brain solidifies and you get stuck in your ways. New information bounces right off. There's a reason all these tech startups are from teenagers and 20 somethings, and not say people in their 50's-60's. It becomes a lot harder to learn at that age and a lot harder to envision change."}
{"_id": "429254", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Another Dirty Room Ep. 11 : $40 NIGHTMARE : The Swan Motel : Halethorpe, Maryland Description | MORE DIRTY ROOMS : https://www.youtube.com/playlist?list=PLNz4Un92pGNy-qF4e9l7D1xvc-4K2R1fn  PRINTS : http://www.ShopDanBell.com SUPPORT : http://www.Patreon.com/ThisIsDanBell  FACEBOOK: http://www.Facebook.com/ThisIsDanBell  TWITTER : http://www.Twitter.com/ThisIsDanBell  INSTAGRAM : http://www.Instagram.com/ThisIsDanBell   Music:   All Tracks by Kevin MacLeod (incompetech.com) All tracks licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/ Length | 0:25:46           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "429271", "title": "", "text": "What is the best and most economical way for me to pay the loan EMIs directly? (whether from a Singapore account or a NRE/NRO account) It is advisable to have it via the NRE account as this would be easier. If you already have funds in NRO account, you can use that before you use the funds from NRE account. For all expenses I make in India (e.g shopping, general expenses in India visits) what account should I be using, ideally? Is the route to transfer into NRE then NRO and then withdraw from NRO? Whatever is convenient. Both are fine. If I plan to make any investments in SIPs/Stock markets, should I link my NRE account with a demat account and directly use that? If I sell the shares will the earnings come back into NRO or NRE? You need to open a DEMAT PINS Account and link it to NRE account. You are sell and repatriate the funds without any issue from PINS account. Related question Indian Demat account"}
{"_id": "429281", "title": "", "text": "\"i love sears.. it's just that their stores are really inconvenient to get to .  they ought to spin their clothes division off, re-brand it something other than \"\"Sears\"\" to pull in people who are putoff by buying clothes from Sears\""}
{"_id": "429297", "title": "", "text": "&gt;*The Canadian dollar was higher Wednesday, benefitting from the major deal struck that will see American fast food giant Burger King Worldwide Inc. buy Canadian coffee-and-doughnut chain Tim Hortons Inc. for $12.5-billion.*  &gt;*The loonie rose 0.41 of a cent to 91.72 cents (U.S.).*  &gt;*The cash and stock deal will see the parent of the U.S. firm, 3G Capital, own 51 per cent of a new company which will be the world\u2019s third-largest quick service restaurant company.*  Cross-post from /r/MAConservative"}
{"_id": "429304", "title": "", "text": "Get in touch with an experienced company if you are looking to buy erosion control system pavers like Bolderstone blocks. Such companies offer quality products at great prices and even provide professional guidance and advice on different projects."}
{"_id": "429310", "title": "", "text": "&gt; The ACA was objectively bad for healthcare/insurance companies.   Citation needed.    [In Rare Unity, Hospitals, Doctors and Insurers Criticize Health Bill](https://www.nytimes.com/2017/05/04/health/health-care-bill-criticisms.html?mcubz=0)   Healthcare stocks have been performing just fine for the last 10 years.  In Medicaid Expansion states, the healthcare exchanges have generally stabilized and are serving the public just fine.  Health insurance prices have risen, but they were rising before the ACA as well.  Obamacare wasn't designed to fail.  It was designed to be a first attempt at delivering health insurance to all Americans.  However, like every piece of sweeping legislation, it was probably going to need some legislative tweaks after a few years to address unforseen problems.  They clearly didn't anticipate losing the Medicaid expansion in 25% of states, including many of the poorest, sickest, and most expensive to cover states.  I am still baffled to this day how my own state legislature sleeps at night knowing that they're denying healthcare to our poorest and most vulnerable people because they would rather have some sort of political advantage."}
{"_id": "429314", "title": "", "text": "You won't get reported to a credit bureau for an overdraft, that's a service offered internal to the bank.  The only way it would affect your credit score is if you had an overdraft fee that you didn't pay, which would get reported. There's is a system that gets a notice when you overdraft though.  The bank MIGHT report you to ChexSystems, which is an agency that tracks the mishandling of accounts.  Generally, a fee based overdraft is an agreement with you and the bank that they will charge you a fee, this is desirable to the bank, so they don't report to ChexSystems unless there's some sort of abuse.  Banks view overdraft like a product for revenue generation and they encourage you to continue.  Examples of abuse are: intentional overdrawing where the bank updates the account balances by batch jobs, so that you can overdraft 5x$1000 on an account that only has $1000+fees in it.  Banks check ChexSystems to see if you have mishandled accounts to determine if you can open up another account, though they're mostly checking to see if you are leaving accounts in bad or negative status."}
{"_id": "429338", "title": "", "text": "Every payment you make on your house will already be increasing your equity in it.  For that reason alone, I'd recommend moving additional savings into other long-term funds."}
{"_id": "429346", "title": "", "text": "Flyer the shit out of my local area.   Google adwords it up and boost a bunch of Facebook deals.   Then convert a lot of it into prize support for my game store to work in tandem with my local events to draw in a different crowd."}
{"_id": "429361", "title": "", "text": "Legal, yes. Ethical, no. It's unfortunate that our culture has transitioned into this behavior but in order to not be replaced by hungry college grads than you need to understand that the week isn't over until your work is complete.  Hopefully, in time, this particular culture subsides..."}
{"_id": "429374", "title": "", "text": "Pretty sure every book had a human penning it, excluding possible recent advancements in AI.   Well I'm pretty sure their are some persuasive philosophers that have a long historical reach and are a very relevant today. Aristotle comes to mind."}
{"_id": "429375", "title": "", "text": "Well I ship and receive so much through FedEx, USPS and UPS all the drivers in my area know me and they each have intensive notes in the system regarding how to deliver my packages so that's not a problem I have.   If they just left packages outside I would lose thousands of dollars a day in stolen merchandise and supplies."}
{"_id": "429378", "title": "", "text": "\"This is called a Contingent Order and is set up so if one order is filled (in this case) the other order is cancelled.  It's a common desire that one would wish to have a stop-loss in place but also a targeted sell price for their in-the-money sell point.  Your broker will tell you all you need to know about how to enter this, if you explain you'd like to place a contingent order. (As Victor noted below, your specific order would be a \"\"One Cancels Other\"\" or \"\"OCO\"\") Great first question, welcome to Money,SE.\""}
{"_id": "429388", "title": "", "text": "&gt;Their Friday letter accused Gurley\u00a0\u2014 who for years was a mentor to Kalanick before a slew of scandals at Uber soured their relationship \u2014 of holding Uber \u201chostage to a public relations disaster by demanding Mr. Kalanick\u2019s resignation.\u201d  When has Uber *not* been a PR disaster?"}
{"_id": "429414", "title": "", "text": "I would be a fan of non-cooperative game theory for life if the end result was a society entertains would enjoy and love.  But that is never the case.  There is always a stronger, luckier, better positioned player who attempts and hasvthe power structure to gain all the resources of the other players (or at least his biggest opposition).  We aren\u2019t on an even playing field, and the factors of influence are more numerous and varied than our simulations describe.  And when one player wins, everyone else loses.  I love competition, but only if it is limited to strengthening the players.  I love cooperation, but only if it is strong, and able to defend itself while recognizing the usefulness and utility of expansion and achievement.  The best games are the ones where even if you lose, you win."}
{"_id": "429418", "title": "", "text": "\"You can certainly try to do this, but it's risky and very expensive. Consider a simplified example. You buy 1000 shares of ABC at $1.00 each, with the intention of selling them all when the price reaches $1.01. Rinse and repeat, right? You might think the example above will net you a tidy $10 profit. But you have to factor in trade commissions. Most brokerages are going to charge you per trade. Fidelity for example, want $4.95 per trade; that's for both the buying and the selling. So your 1000 shares actually cost you $1004.95, and then when you sell them for $1.01 each, they take their $4.95 fee again, leaving you with a measly $1.10 in profit. Meanwhile, your entire $1000 stake was at risk of never making ANY profit - you may have been unlucky enough to buy at the stock's peak price before a slow (or even fast) decline towards eventual bankruptcy.  The other problem with this is that you need a stock that is both stable and volatile at the same time. You need the volatility to ensure the price keeps swinging between your buy and sell thresholds, over and over again. You need stability to ensure it doesn't move well away from those thresholds altogether. If it doesn't have this weird stable-volatility thing, then you are shooting yourself in the foot by not holding the stock for longer: why sell for $1.01 if it goes up to $1.10 ten minutes later? Why buy for $1.00 when it keeps dropping to $0.95 ten minutes later? Your strategy means you are always taking the smallest possible profit, for the same amount of risk. Another method might be to only trade each stock once, and hope that you never pick a loser. Perhaps look for something that has been steadily climbing in price, buy, make your tiny profit, then move on to the next company. However you still have the risk of buying something at it's peak price and being in for an awfully long wait before you can cash out (if ever). And if all that wasn't enough to put you off, brokerages have special rules for \"\"frequent traders\"\" that just make it all the more complicated. Not worth the hassle IMO.\""}
{"_id": "429427", "title": "", "text": "Mr. Raphael Lilla is a business enthusiast with more than 20 years of experience working in the Swiss and International financial markets. An honoured member of the International Society of Business Leaders, Raphael has a Degree in Master in Law. Currently, he is operating in the bullion market as Executive Director of SBC Group AG, Switzerland, and as Managing Director of Swiss Bullion Company International LLC, Dubai."}
{"_id": "429432", "title": "", "text": "Lets pretend that your parents were given the opportunity to pay X for a year of college tuition in the year that you were born. That would have been a significant portion of their yearly income.  But what if they were given the opportunity to pay for that year of college when you are 18, but at the price it was when you were born. That tuition bill would be much easier to pay. That would be a very small amount of their yearly income.  Why? the cost of tuition grew at a high inflation rate, but the second option allowed them to skip inflation on the bill side, but keep inflation regarding wages. You asked about paying for stuff you want today with future money; where my example was to pay new money for old expenses.  If you believe that inflation will be high,and your income will keep up with it; it is advantageous to pay with future $'s"}
{"_id": "429442", "title": "", "text": "Same idiots who said vertical AI integration was 50 years away 10 years ago. (Google will be there in under 10). Kids born today won\u2019t have to learn how to drive if they live in any decent proximity to a major metro area. That\u2019s a fact."}
{"_id": "429455", "title": "", "text": "\"No kidding!   Fancy words to say \"\"make the right decisions and execute on those decisions correctly\"\".  Anybody does not know that?  Now for the hard part: how do you make the right decisions and how to execute decisions efficiently and correctly?   Here's my answer: nobody, including Henry Ford, Steve Jobs, Bill Gates, etc always or most of the times makes the the right decisions or execute them correctly.  The successful people are those who abandon bad decisions quickly and adjust their execution when they see things don't work as planned.  Lastly, bad leaders and big failures are those who avoid decisions because of fear of making bad decisions. The worst leaders and worst failures are those who do not do basic checks and plans before making decisions or executing them.\""}
{"_id": "429460", "title": "", "text": "Many people trade the currency markets via brokers who have developed online apps with live forex prices and many currency pairs. You can trade on your phone, iPad or PC / Mac."}
{"_id": "429480", "title": "", "text": "Do a monthly budget, unique to each month, before the month begins, spend all of your money on paper. Use envelopes to help you keep track of how much you have left for things you buy throughout the month. Have separate envelopes for things like groceries, restaurants, clothing, entertainment. Put the amount of money for each category in cash in the envelope. Only spend the money out of the correct envelope and don't mix and mingle between envelopes. Pay in cash, with real money. Don't use credit or debit cards, it's proven you spend more when you are not paying with cash."}
{"_id": "429538", "title": "", "text": "buying a logo from a foreign subsidiary is an import. They are importing the rights of the logo and is a trade imbalance to the negative.  what are you claiming they are exporting? money? seriously?   maybe you can claim they benefit more from the economic activity than the taxes. But you cant claim they benefit from being a net exporter."}
{"_id": "429547", "title": "", "text": "Dear Sir/madam We are Local Village Gold Miners from Rep. of Guinea, In West African. I am a Member of the Said Community and in charge of Marketing, Advertising, communication and sourcing potential diamond and gold dust buyers, agents/brokers or partners for our mined gold dust AU./DIAMONDS. Prior To The Latest Privilege Accorded Local Gold and Diamond Miners in Guinea Conakry Since April 2007 to Market and Sell Diamond and Gold Dust AU themselves, Thus my offer to AU Gold Dust and Diamond UNCUT Dust prospective buyers, Brokers, representatives, agents, intermediaries and partners willing To Establish Meaningful Business transaction that is Viable and Durable with us. Hence, I'm offering you a Fresh Gold Dust. AU for sale with the following specifications and details. COMMODITY.......................................AURUM UTALIUM (AU) Form................................Gold Dust/nugget Powder. Quantity..........................123kg - 500kgs and more. Quality/Purity.................. 22 carat or better. Finesse..........................92% OR Better. Location.......................... Conakry Origin............................. Guinea . Price per kg......................$35,000 USD/KG  AS FOR THE DIAMOND THAT IS UNCUT, WE ARE IN POSITIONS OF OVER 4850 Carats OF GAMS STONE OF FDGH AND LM GRADES. We are looking forward to your response if our product does interest you. Accept our warm hearted Regards: NB : this is my alternative  \u00a0\u00a0\u00a0\u00a0 CONTACT US CAN SPEAK ENGLISH ,FRENCH AND CHINESE Tel:+22467118646 webs www.africalocalgoldminers.webs.com E-mail: africalocalgoldminers@yahoo.com Rue DI 519 Conakry Republique de Guinee \u00a0Best Regard Mr john dabo"}
{"_id": "429553", "title": "", "text": "\"The Fidelity funds have an expense ratio, and while some funds may have little to no profit, having you as a customer lets them try to sell you on their managed account/portfolio and other services.  It's possible they don't make much or any money from you at all, but with so many accounts it's fine as long as it averages out. Similar to having a credit card and never paying interest on it, but reaping the rewards anyway. Averaged out, they make plenty of money across all accounts. An expense ratio is usually given as a percentage, and it's the amount you pay for the fund per year. If it has a 1% ER, and you have $1,000 invested in it, then it costs you $10 for the year (a very simplified example). You won't notice this as a direct transaction since it gets taken from the funds assets directly, but this is lowering the return (or worsening the loss) on the fund. You can find the ER in your Fidelity account for any funds that are available to you. Something else I thought of is that you add liquidity to their funds, and your assets increase the amount \"\"under management\"\" which may be a selling point, may lower overall costs, etc.\""}
{"_id": "429555", "title": "", "text": "\"I am asking because startups are super risky and 99% of the times you fail and lose the money. First of all, that 99% number is exaggerated. Only 96% of companies fail within ten years. But starting your own business is not a pure game of chance. It mostly depends on how good your business idea is and if you have the necessary skills and resources to succeed with it. Yes, there is luck involved, but a smart businessman can calculate the risks and possible rewards and then decide if a certain business idea is a good or a bad gamble. Also, a business failing does not necessarily mean that the business owner failed. A good business owner knows when to fold. A business might be profitable at first, but market circumstances might change at any time making it unprofitable. A smart business owner notices that early, liquidates the unprofitable business as quickly as possible and refocuses on their next business idea. Only those who can not let go of an unprofitable business or take too long to notice that it is failing are those who get dragged down with it. So should you have a \"\"startup fund\"\"? Saving your disposable income is never a mistake. If you never end up starting a business, it will eventually serve you as a retirement fund. So yes, you should save a part of your money each month. But should you start a company with it? That depends on whether or not you have a business idea where you know you will succeed. How do you know that? When you answered yes to all of these questions, then you might want to consider it.\""}
{"_id": "429568", "title": "", "text": "Dividends from mutual funds reduce the share value the day they are distributed.   Mutual funds do this at least once a year, or more times in the year if there are a lot of gains, to pass through taxable gains to individuals who may have lower tax rates or deferred tax accounts such as you. This is meaningful for investors who hold the mutual funds in taxable accounts,  but immaterial for 401ks.  Your account balance is not affected if you don't get the distribution before roll over."}
{"_id": "429573", "title": "", "text": "Hmmm . . . I see you writing under the line of perpetrator the name : Government  But I\u2019m not seeing that add up at all.  Who is pushing the government to break ngbin these laws?  \u201cThe Government\u201d isn\u2019t a magical, sentient being that makes the choice to support one cause or another.  We have the House, the Senate, and the President.  The laws have to pass through all three.  So how are ridiculous laws getting pushed through all 3?"}
{"_id": "429575", "title": "", "text": "I will definitely recommend the following books The above books will open lot of eyes to exactly know what you are doing with your personal finances in a day to day basis.These books will surely be in the top of my list which I will be giving away to my kins in my later stage. The concepts are universally the same, feel free to skip the chapters which were US based. I live in UK and I read most of the above books in late twenties, it surely made lot of changes and also drastically improved my personal finance acumen. I wish I have read these books in my early twenties."}
{"_id": "429579", "title": "", "text": "Renting a house out using a management company is mostly passive income. Earning affiliate income from companies that pay on a recurring basis is closer to passive income."}
{"_id": "429582", "title": "", "text": "\"On a side note, the idea is shared with \"\"booting up a computer\"\", and comes from the phrase \"\"pulling oneself up by the bootstraps\"\".  When a computer first starts, the hardware runs firmware from ROM, which then loads the boot loader, which then actually loads the OS kernel, which loads everything else.  So the same principle applies to a \"\"bootstrapped\"\" business.  You start with practically nothing, generate a small income from that, then leverage that income to produce products and services which generate more income, and so on and so forth.\""}
{"_id": "429584", "title": "", "text": "A saree is a strip of unstitched cloth, worn by females that is draped over the body in various styles and tussar silk sarees are not only a piece of clothing but a creation, reflecting blend of finest form of art of tussar silk. Aurobindo International is supplier of tussar silk sarees and located in Maharashtra. They has widely grown and achieved commendable success in the industry."}
{"_id": "429600", "title": "", "text": "&gt; Court documents show 4 major milk producers \u2014 who produce 70 percent of the nation\u2019s milk \u2014- killed 500,000 cows to increase milk prices and reduce the milk supply.  Keep this in mind the next time someone tries to convince you that we need GMOs to feed people in the developed world. Our biggest agricultural problem is overproduction."}
{"_id": "429614", "title": "", "text": "Seems like if they were smart, they'd be buying ammo makers instead of gun makers....  Have you seen ammo prices since Obama took the white house?  Can't afford to shoot anything bigger than a .22 these days...  He wants to ta take away all ur guns, dontchaknow...."}
{"_id": "429621", "title": "", "text": "\"Don't get bogged down with fears like this. And learn to ignore the \"\"high profile\"\" lawsuits that you see or hear about (they are so rare as to be insignificant, and you don't have deep enough pockets or wide enough reach to be a target).  Don't let this be your excuse for inactivity.\""}
{"_id": "429626", "title": "", "text": "I don't care for this solution. I would prefer a tiny tax per transactions. Should keep the churn down, be almost unnoticeable to aggregate returns and still allow people with legitimate reason to split trades to do so and still liquidate quickly"}
{"_id": "429627", "title": "", "text": "Michael Pryor's answer is accurate to the actual question asked. The current accepted answer from Dheer is not entirely true but roughly provides an overview of the different entities involved in a typical transaction, with some wrong terminologies, corrected and improved below.  The issuing bank, the one that issues the credit card to the customer. When it comes to the service fee split, the issuer bank takes on the majority of the cut in the service fee paid by the merchant to the different entities. For example, on a 2.5% overall fee paid by merchant, roughly 1.5% goes to the issuer, 0.3% goes to the card network (visa, master card, etc) and the remaining 0.7% goes to the acquiring bank. Reward programs have a partnership with participating merchants, where merchants are charged a higher service fee, for the likelihood of driving a higher volume of transactions to the merchant. A portion of the rewards also comes from the issuer, who shares a percentage of their fee back to the customer, in exchange for the same likelihood of making more profit through increased volume in total transactions. For example, a reward program may charge merchants 4.5% fee, with 3.5% of it going to the issuer. Upto 3% of this can be given back to the customer for their loyalty in using the card service. The banks can afford to take as little as 0.5% instead of their regular 1.5% due to the increased volume of transactions and the fixed fee they collect as membership fee. Note that costco has a similar business plan, but they make money entirely of membership fee. So with enough clients, banks can theoretically afford to run their program entirely on membership fees, costing no additional service fee to merchants. The service fee depicted above is arbitrary, and it can be lowered if the merchant is also a client of the issuing bank, that is, both the issuing bank and acquiring bank are the same. So it is kind of a win-win-win situation. And as usual, the banks can afford to make a larger income, if the customer ends up paying interest for their credit - although the rewards program is not designed accounting on this."}
{"_id": "429637", "title": "", "text": "\"Mixing concept does not help to have a realistic mental model of how the world is.  There are big problems with MSM, but it's not a conspiracy. To explain the problems with MSM you don't have to mention 1% or secret jeewtings (jew meetings).  Furthermore, these groups (G8, Bilderberg, Davos, and so on) are not \"\"in control\"\" of the world. They are groups of important people/organizations, but every member is in turn controlled by their constituents/shareholders/voters/members.  Are there problems with corporate accountability? Sort of (too short term focus, and other problems with shareholders/management - just like the agent-principal problem in governments).  Are there problems with democracy (gerrymandering, first past the post voting, and [propaganda](https://www.theatlantic.com/international/archive/2015/04/how-the-media-became-putins-most-powerful-weapon/391062/), Russian cyber war influence operations, single issue voters)? [Yes](https://medium.com/@thegrugq/the-russian-way-of-cyberwar-edb9d52b4876).  Are there some ethnicities overrepresented? [Yes](http://slatestarcodex.com/2017/05/26/the-atomic-bomb-considered-as-hungarian-high-school-science-fair-project/).  Does this mean these problems are somehow extremely coupled and have the same ultimate or proximate cause? No.\""}
{"_id": "429651", "title": "", "text": "This. My Economics is a B.S, which is why I was required to take a bunch of statistic and econometrics courses. It makes it much more quantitative and you should even walk out with knowledge of a few statistical softwares and maybe rudimentary knowledge of a couple programming languages (most likely R, Stata, SQL, maaaaybe Python).       You get out what you put in, of course. I used R and Stata, I took it upon myself to do some stock analysis with Python. You should be able to leverage it for a job. At my school, it was even in the social sciences department so the pre-reqs were the same, super easy to throw on a second major within that college. My second major was poli sci, you should consider adding a second one, too."}
{"_id": "429652", "title": "", "text": "\"We need to know more about the type of institution (e.g. bank, institutional investor, rating agency) specific role you're applying for. All these institutions have roles that do not require strong expertise in finance (and \"\"finance\"\" is a very wide area with tons of niches to specialise in).  In general I second your understanding and the commenters here in that you should get a grip on basic areas and concepts, and I also agree that CFA level 1 is an excellent resource. Maybe you don't need to plow through every concept in detail but it gives you a general outline of the topics that are considered basic knowledge.  Another word of advice when you got the finance basics down: play your strengths. If it is a pure finance role, HR has seen tons and tons of pure finance educated financial professionals. If you have a background in strong quantitative or hard sciences like math, physics, etc. that can be a plus. Do you speak three or more languages? Do you have leadership experience? Think about your strengths that you can bring to the table that may be relevant and other pure-play financial professionals probably don't have.  Just anecdotally, I am currently browsing through CVs for an opening in my team (I work at a credit rating agency) and I see the same profile tons of times (masters in finance or MBAs) whereas yesterday I flagged a guy for interviews because he has an academic background in engineering in addition to his credit experience from previous jobs.  Edit regarding your question on how to seem smart: brevity is the soul of wit. Of course it depends on your style but for most people I found this to be true: 1. we tend to talk too much before making the point. Try to make your point as fast and clear as possible, and either THEN back up your statement or even better, let them ask you. 2. Be confident in what you know and don't pretend you know something that you do not. Because they will know. It's ok to not know certain things, but you've got to own it. Don't self depreciate yourself by letting them find that out by catching you talking about stuff you don't know anything about. In the worst case if you are blank on key topics, it saves yourself and them time and you move on.\""}
{"_id": "429681", "title": "", "text": "I'm not sure what you are trying to say. I just saw the following statement in your reply which is inaccurate:  &gt;Bjartr mentioned the heat index being 102\u00b0F. This would mean you'd have to get your skin temp higher than 102\u00b0F which would mean your core temp is even higher (dangerously high).  Not sure if you momentarily confused heat index with dew point or what."}
{"_id": "429704", "title": "", "text": "\"First it is worth noting the two sided nature of the contracts (long one currency/short a second) make leverage in currencies over a diverse set of clients generally less of a problem.  In equities, since most margin investors are long \"\"equities\"\" making it more likely that large margin calls will all be made at the same time. Also, it's worth noting that high-frequency traders often highly levered make up a large portion of all volume in all liquid markets ~70% in equity markets for instance.  Would you call that grossly artificial?  What is that volume number really telling us anyway in that case? The major players holding long-term positions in the FX markets are large banks (non-investment arm), central banks and corporations and unlike equity markets which can nearly slow to a trickle currency markets need to keep trading just for many of those corporations/banks to do business.  This kind of depth allows these brokers to even consider offering 400-to-1 leverage.  I'm not suggesting that it is a good idea for these brokers, but the liquidity in currency markets is much deeper than their costumers.\""}
{"_id": "429725", "title": "", "text": "I didn't take a long look at this site but if the suggestion to cut out meat instead of sugar to prevent heart disease than I'm not sure how much I can believe. Sugar is 100% worse for you than meat."}
{"_id": "429732", "title": "", "text": "Well y'all . . now that the boiled carrot has got his spurs on, he can't find his cotton picken balls, y'see, so he sent the fat lady to do his jawin fer him and let y'all know he's a feelin [real peaceable like](http://edition.cnn.com/videos/politics/2017/09/25/whpb-sanders-north-korea-us-wage-war-response.cnn) . .ya huh?  Now don't y'all be callin him yeller . . .he's Orange and don't ye fergit that, or some of those strange fellers in the black hats and curly girly hair lock gonna come callin and take yer home away.  He ain't yeller,lil soft in the head maybe . .Orange fer sure"}
{"_id": "429746", "title": "", "text": "Typically your statement will break down each of the balances that carry a different rate, so you'll see them lumped into the 0% line, or two separates lines with different rates for each. If you don't see it on the statement, a quick call to your bank should clarify it for you. If I had to guess, I would lean towards the fee likely being at 0% also, but if it isn't, typically you would pay the minimum + $350 on your next statement. (Because only amounts over the minimum go towards principal of the highest rates first, at least this is true in the US for personal accounts.) Of course this is something your bank should be able to clarify as well. Balance Transfer Tip: I always recommend setting up automatic payments when you take advantage of a balance transfer offer. The reason is, oftentimes buried deeply in the terms and conditions, is an evil phrase which says that if you miss a payment, they have the right to revoke the promotional rate and start charging you a higher rate. That would be bad enough if it happened, but to make things worse I believe the fee you paid for the transfer is not returned to you. So, set up an auto payment each month for at least the minimum payment. And if you can afford it, divide the total transferred by the number of months and pay that amount each month. (Assuming you don't pay interest on the fee: $17,500 * 1.02 / 18 = $991.67/per month.) That way you'll have it paid off just in time to not have any higher interest when the promotional rate expires. If you don't know if you can afford the higher amount each month, set it to the max you know for sure you can afford, and make additional payments whenever you can."}
{"_id": "429747", "title": "", "text": "For any money you plan on taking back with you to India in a couple of years, you need to consider whether you expect the U.S. dollar to gain strength compared to the Indian rupee, and if so, by enough to make up the difference in interest rates. According to exchange-rates.org, $1 USD would buy you 44.22576 INR on April 29, 2011, and 49.41525 on October 25, 2011. If the Indian rupee keeps on losing strength against the U.S. dollar at that rate, you are far, far better to keep your money in U.S. currency. On the other hand, if the Indian rupee gains strength, you'd be better to convert your money as soon as possible. There are, of course, other options if you plan to keep your money in the U.S., many of which will pay more than 0.01% interest."}
{"_id": "429771", "title": "", "text": "You need DEEEEEP pockets to get it going.   The city that is most famous for municipal FTTH is Chattanooga.    I think $300 million was the number people were throwing around just to do one city.  IF the costs are accurate, doing the cities that Google is doing, you'd need several Billion in capital to build that infrastructure."}
{"_id": "429782", "title": "", "text": "Stay out of accounting. Accounting (despite what accountants think) will become highly automated. So too will many aspects of finance. Deloitte and KPMG have both partnered with software firms to create artificially intelligent audits.   A good career would be a job you enjoy that deals with unique situations (projects). These are less likely to get automated."}
{"_id": "429784", "title": "", "text": "What did you study and focus in during college?   Just wondering, a few of your posts say you work as an avionics engineer (aero), so did you switch industries?  I'm interested in the compensation we're talking about to get an idea of the general ballpark range (do you think you could pm me also please?)"}
{"_id": "429785", "title": "", "text": "Hey there...You asked me earlier to take a look at this.I will send you later, when I get home a small plan that helped me a lot when I opened my bar, with a lot of nice things that you should be careful...And tbh I don't think a degree is that important.They will teach you how to manage a business in general, you will only use just a small percent from that knowledge...You can learn a lot of things strictly for managing a bar/restaurant by yourself, from books and internet...For me experience was very important (I was a bartender for 4 years, my brother was a waiter)...In 4 years we learned almost everything that we needed.The taxes should be made by an accountant (Here in Europe every company needs an accountant, this is the law.) Where do you live and what age are you ?"}
{"_id": "429800", "title": "", "text": "Not lies.  I worked with punkgeek at some of those startups.  One we founded together and it was a colossal failure.  Two later ones had IPOs in the $700M market-cap range.  If you hang around the valley a while (and get lucky) it gets a good bit easier to sniff out the likely successes."}
{"_id": "429812", "title": "", "text": "\"I was prepared to read this article and agree based on the headline (because politics of all stripes are generally not awesome for business) but then the article was just idiotic.   At least it's convenient shorthand. I know I can basically dismiss anything that rants about \"\"leftists.\"\"  &gt;Perhaps someone should have warned ESPN executives that the Left\u2019s destructive ideology of \u201csocial justice\u201d is incompatible with profit  Or maybe they should tell them that the pay-for-cable method is incompatible with profit in the age of cord-cutting and streaming sports for free.\""}
{"_id": "429827", "title": "", "text": "Can they change the weights? Yes. Will they? It depends. are ETF's fixed from their inception to their de-listing? It's actually not possible for weights to be fixed, since different assets have different returns. So the weights are constantly changing as long as the market is moving. Usually after a certain period or a substantial market move, fund managers would rebalance and bring the weights back to a certain target. The target weights - what your question is really about - aren't necessarily the same as the initial weights, but often times they are. It depends on the objective of the ETF (which is stated in prospectus). In your example, if the manager drops the weight of the most volatile one, the returns of the ETF and the 5 stocks could be substantially different in the next period. This is not desirable when the ETFs objective is to track performance of those 5 stocks.  Most if not all ETFs are passively-managed. The managers don't get paid for active management. So they don't have incentive to adjust the weights if their funds are tracking the benchmarks just fine."}
{"_id": "429851", "title": "", "text": "For the lazy:  1.     Learn to fly  2.     Look after me, you, boat  3.     Entertain everybody with me  4.     Invite nice people back  5.     Start getting the small house together at The Manor  6.     Start buying odds and sods for The Manor  7.     Work with me on projects/sort me out  8.     More shops to be found"}
{"_id": "429860", "title": "", "text": "\"&gt; I guess all those other experts in the ad industry and tech don't have any idea what they're talking about  Dude, that's a really safe bet. Do you even remember the housing bubble? The dot com bubble? Those people were the ones inspiring confidence both times.  You know what they were doing in the 1990s when the internet was being delivered to consumers? They were getting high and chasing girls. They were hanging out in the hallways at school, talking about cars or their abusive fathers or their college plans to become MBAs etc. None of them owned 486s, or used dial-up modems before AOL and Hollywood introduced them to \"\"You've got Mail\"\".  Meanwhile I was ditching school to learn about how the internet worked. Computers have been a part of my daily life for more years than many of those \"\"experts\"\" have been alive.  They masquerade as experts on the subject now because the internet is what's on everyone's minds these days, and talking about it is what those folks have to do to get a paycheck, but that doesn't mean they have any idea what they're talking about.  You buy their bullshit because they're on TV and I'm just some guy on the internet, which is what I've been for the past 3 decades, on the internet.\""}
{"_id": "429885", "title": "", "text": "\"*The early history of paper money did not evolve the way I described in the earlier posts (although it could have, and would have got to the same place). Instead, the early history of paper money was certificates issued by storage-vaults of precious metals (i.e., early \"\"banks\"\").*  Do read David Graeber's \"\"Debt, the First 5000 Years\"\". The first credit money almost certainly originated with the books held by the temples in the middle east thousands of years ago. The history of our current monetary system can trace it's origins to the medieval gold smiths, but ours is not the first credit money system by a long stretch.\""}
{"_id": "429899", "title": "", "text": "\"There are two reasons leases are generally a worse deal than buying. First, inherent in the lease is the concept of trading in the car at the end of the lease term. As we all know, cars depreciate the most in the first year or two. By repeatedly leasing cars on short time frames, you own the vehicles during those most expensive years. Of course there's nothing stopping you from doing the same thing when buying (be it via cash or loan), but leasing builds in a schedule and encourages you to stick to it. Second, it is easier for the dealer salesperson to hide things from the consumer in a lease contract. Most salespeople will try to get a car purchaser to focus on the monthly payment, or they'll four-box the purchaser, but even then there's only 4 numbers, and most consumers have a rough idea what they are and what they mean. But in a lease the numbers in question are renamed and obscured. \"\"Price\"\" becomes \"\"capitalized cost\"\". \"\"Interest rate\"\" becomes \"\"money factor\"\" and is divided by 2400, making it look really small and not easily translatable without a calculator or pencil and paper. \"\"Down payment\"\" becomes a capitalized cost reduction. There's a new concept \"\"residual value.\"\" Neither of those reasons change when interest rate is lower.\""}
{"_id": "429901", "title": "", "text": "So true.  Socialism is evil, except for roads, schools, libraries, public transportation, water and sewer, and police and military services.  Then socialism is just fine.  Government rules and regulations are bad, except when they enforce Christian fundamentalist doctrine and propaganda, and then it is absolutely fine."}
{"_id": "429927", "title": "", "text": "Where can publicly traded profits go but to shareholders via dividends? They can be retained by the company."}
{"_id": "429929", "title": "", "text": "While it is certainly easy to manage single fund, I am not sure it's the right strategy. It's been proven again and again that portfolio diversification is key to long term gains in wealth. I think your best option is to invest in low cost index funds and ETFs. While rebalancing your portfolio is hard, it is vastly simpler if your portfolio only has ETFs."}
{"_id": "429930", "title": "", "text": "Your comparing apples to oranges. Your trying to equate killing your FOOD to killing a random animal crossing your path. The point is killing the turkey nicely or very violently doesn't really matter. It is your FOOD. Killing a random mouse on the golf course isn't even remotely the same. Try again."}
{"_id": "429933", "title": "", "text": "I was a bit taken back by your response until I read your other posts.  The same thing you did to me is the same thing you do in a large majority of your posts, you are a troll.  No if ands are buts about it. So continue trolling and have a great day. With the name like Brad Wesley I should have expected something like this, next time I will watch the right boot...."}
{"_id": "429941", "title": "", "text": "I don't understand what your contention with Katsuyama is exactly. Are you saying that Lewis' Flash Boys was a work of fiction?  Electronic trading is more efficient, cheaper, democratic, etc than paper orders, for sure. But many HFT firms have built billion dollar enterprises by scalping ordinary investors, fractions of pennies at a time, without adding anything of value. The former truth does not invalidate the latter one."}
{"_id": "429951", "title": "", "text": "Yea, bay area. If you want oil, you move to houston. If you want tech money, you move to the bay area. You can stay here for a year or two to lock down that you command a bay area salary and then do like I did and fuck off to SE asia and work remote."}
{"_id": "429973", "title": "", "text": "You are 100% correct! This is because Unions are corrupt and even many Union members (no choice) hate them.  But if the Government and the written law specifically protect workers rights, then it's the law.  For example, the law says you can't employ children, you must pay minimum wage, can't discriminate, must pay social security, pay for injuries, etc, than this is the law and this is what happens. No less, no more."}
{"_id": "429978", "title": "", "text": "\"Keep in mind that the only advantage that using a tax favored account gives you is tax-free growth of the cash value of the policy. This \"\"Infinite Banking\"\" spin isn't some sort of new revolution in money management, its just a repackaging of techniques that people have been using for years to manage tax liability with some breathless marketing spiel. Before you jump in, compute the following: Now comes the hard part: Life insurance is sold, never bought. The guy pushing this does seminars at hotels sponsored by life insurance agents. The purpose of the program is to generate sales of insurance. Be wary. If you actually have the significant amounts of money required to capitalize this, there are much better ways to get an income stream from that money -- you need a good financial advisor. And if you have a huge tax liability and a scheme like this somehow makes sense, find someone who does it for a living in your state who isn't a crook.\""}
{"_id": "430005", "title": "", "text": "Sounds like you're a man, so you're in luck. Our formalwear all looks similar enough that you can get by on a very short rotation. You can buy 1 pair of decent slacks in a versatile color like navy or grey with a pair of brown shoes with matching belt then have as little as 2 button down shirts (white and light blue). You can help keep the button downs clean by wearing an undershirt. This outfit can even overlap your interview outfit if you want to save more (especially if you want a good jacket/sport coat). The real key is to just not pick anything flashy and nobody will ever notice. You'll be running to the dry cleaners every single weekend, but you won't have much in terms of up-front costs. For women though I have no clue how they manage this stuff."}
{"_id": "430014", "title": "", "text": "\"My basic rule I tell everyone who will listen is to always live like you're a college student - if you could make it on $20k a year, when you get your first \"\"real\"\" job at $40k (eg), put all the rest into savings to start (401(k), IRA, etc). Gradually increase your lifestyle expenses after you hit major savings goals (3+ month emergency fund, house down payment, etc). Any time you get a raise, start by socking it all into your employer's 401(k) or similar. And repeat the above advice.\""}
{"_id": "430017", "title": "", "text": "They are structured which gives me confidence choosing them over other podcasts. Many podcasts have a couple golden nuggets but are mostly personal filler and promotional material. The podcasts mentioned above follow a structure where I know what to expect but still at times they surprise me."}
{"_id": "430018", "title": "", "text": "I don't know about this. Craftsman started selling lots of Chinese made garbage a couple of decades ago if I remember the time frame correctly. Somewhere in that same time frame I recall that their lifetime warranty was only being applied to US made tools and those were getting scarce.  I stopped buying Craftsman, so I could be in error here. But I stopped thinking of Craftsman as a top tier non-pro tool maker years ago. Hell, lots of that Mexican Stanley stuff seems better made these days than Craftsman.  If Craftsman went out of business and I didn't read it on reddit, I might never know."}
{"_id": "430021", "title": "", "text": "Yeah, with the exception of current-season shows from HBO and Showtime, pretty much everything is on iTunes and Amazon and you can pay by the episode, so you don't have to commit to a whole season or large package that you may end up not wanting.  Your honesty is appreciated.  You get what you pay for, right?  Netflix has a lot of great library content, but not the latest and greatest.  Price: $8/month."}
{"_id": "430034", "title": "", "text": "Yes, there are some real dangers in having your money locked into an investment. Those dangers are well worth thinking about and planning for. Where you are going off the rails is acting like those are the only dangers to your money, and perhaps having an exaggerated idea of the size of the dangers. It is an excellent idea to keep an emergency fund with a few months living expenses in a readily accessible savings or checking account. However, a standard retail savings account is always going to pay less in interest then you are loosing through inflation. We're living in a low-inflation period, but it's still continuously eating away at the value of your savings. It makes sense to accept the danger of inflation for your emergency fund, but probably not for your retirement savings. To reduce the hazards of inflation, you need to find an investment that has some chance of paying more than the inflation rate. This is inevitably going to mean locking up your money for some period of time or accepting some other type of risk. There is no guaranteed safe path in the world. You can only do your best to understand the risks you are running. As an example, you could put your savings in a CD rather than a vanilla savings account. A CD these days won't pay much in interest, but it will be more than a savings account. However, you have to commit to a term for the CD. If you take your money out early you will have to pay a penalty. How much of a penalty? In the worse case it could be in the neighborhood of 4% of the amount you withdraw. So, yeah if you deposit $10,000 in a 5-year CD and end up needing it all back the very next day, you could end up paying the bank $400.  If you withdraw money from a 401k before you are 59 1/2, you will pay a 10% penalty, and you will have to have income tax withheld on the amount you withdraw. On the other hand, if your employer matches 100% of your 401k contributions, you could be throwing away 50% of your possible retirement savings because of your fear of the possibility of a 10% loss! In addition 401k plans do have some exceptions to the early withdrawal penalty. There are provisions for medical emergencies and home purchases for example. However, the qualifications are not entirely straight-forward, and you should read up on them before enrolling. The real answer to your fears is planning. Figure out your living expenses. Figure out how much you want in an emergency fund. Figure out when you will be wanting to buy a house, have a child, or go back to school. Set aside the savings you'll need for all those, and then for the remainder of your money you can consider long term investments with some confidence that you probably won't need to face the early withdrawal penalties."}
{"_id": "430044", "title": "", "text": "Are you in an occupation that regularly collects change or is this change left in your pocket at the end of the day? Here in the US it is typically worth it to invest in some automatic coin counters if you are in an occupation that regularly collects coins.  In your case you can collect the little baggies from the bank, use your coin counters and then make a deposit.  Here is an example of US coin counters. If it is just pocket change then in the morning, make it a habit of taking some with you.  This way you are less likely to break larger bills.  Also if you are making a deposit at the bank, add some change to the deposit without making it to annoying."}
{"_id": "430051", "title": "", "text": "IESC has a one-time, non-repeatable event in its operating income stream.  It magnifies operating income by about a factor of five.  It impacts both the numerator and the denominator.  Without knowing exactly how the adjustments are made it would take too much work for me to calculate it exactly, but I did get close to their number using a relatively crude adjustment rule. Basically, Yahoo is excluding one-time events from its definitions since, although they are classified as operating events, they distort the financial record.  I teach securities analysis and have done it as a profession.  If I had to choose between Yahoo and Marketwatch, at least for this security, I would clearly choose Yahoo."}
{"_id": "430064", "title": "", "text": "\"Whats your point? Nothing you posted in that essay refutes what I said. Do you even know what TARP is? It's the Troubled Asset Relief Fund put into action to address the lack of liquidity on banks balance sheets, and it was paid back early after Goldman leaked it to the press and was paid at 6.2% interest taking place during the GFC moron. This is about your title in which you said that \"\"...financial firms that feed at the taxpayer trough.\"\" You really have no idea what you're talking about, please don't vote.\""}
{"_id": "430071", "title": "", "text": "Inflation can go up for a number of reasons. Boom times can cause inflation, as everyone is making and spending a lot of money, so prices and inflation goes up. In times like these central banks usually increase interest rates to curb spending and thus bring down inflation. By raising interest rates the central bank is increasing the cost of borrowing money. So with high prices and a higher cost to borrowing money, most people start reducing their spending. When this happens businesses sell less stock and have increased costs (due to higher interest rates) so have to lay off staff or reduce their hours at work, so people will have even less money to spend. This causes prices to fall and reduces inflation and can result in a recession. At this point in time central banks start reducing interest rates to make the cost of borrowing money cheaper and stimulate people to start spending again. And so the cycle continues. The result in this case is that inflation itself didn't kerb demand, but was helped along by the central bank rising interest rates. Another reason causing inflation can be a restriction on the supply of certain goods or services. An example we went through about 2 years ago was when floods caused banana crops up in Northern Australia to be devastated. This caused a lack of supply in bananas for almost a year across Australia. The normal price for bananas here is between $1 to $3 per kg. During this period banana prices skyrocketed up to $14 per kg. The result: very few were buying bananas. So the increase in price here caused a reduction in demand directly."}
{"_id": "430086", "title": "", "text": "And that is why we are here, to tell the American population  That this little Jew, who took 2 servers and a web page, perhaps 2 TB of storage and sold it to the ignorant fucking Goyim for  billions of dollars, is a fucking fake, and the only reason these Jews are talking about Facebook as a means to win elections, is so they can sell it to you ignorant fucking white folk who don't know the meaning of an email server and run with the money, before you realize, its only a fucking web page, meant for desperate teens who don't have real friends.  It wasn't the Russians sweet hearts, its time to understand you are on food stamps and loans you cannot afford, dressing like women isn't going to help.  Update your status . .oh . .I took a shit and it smelled like shit  The world is so interested"}
{"_id": "430087", "title": "", "text": "Siem Reap is the official name of a Cambodian province. It is to the north-west part of Cambodia. And it is 314 km away from Phnom Penh. Siem Reap is a place rich of the old Hindu and Buddhist monuments mainly from 9th to 15th century AD. For instant a well-known Angkor Wat for Hindu lord Visnu, and another well-known Angkor Thom for Buddhism. http://www.siemreapattractions.com/  Angkor Wat Tours has all most a million people today. Their lives are based on tourism industry. And it has more than 500 temples. In its town body has hundreds of hotels with different classes or rates and there many Siem Reap Attractions place to see. http://www.holidayinsiemreap.com/"}
{"_id": "430098", "title": "", "text": "I disagree, the United States is one of the largest corporations in the world. The legislative and judiciary serve as the board, and the president; by virtue of his function, is the chairman.     Office of the President of the United States  The Executive Branch  Officer ... Executive  Commander in Chief  This isn't semantics; his role is to be CEO."}
{"_id": "430100", "title": "", "text": "Without the contract it's hard to say for sure, but Consumer Reports indicates that it's pretty easy to lose these deposits; they're not as well protected as other deposits or purchases (depending on your state and other details).  You should make an effort to comply with all of the requests from the financing arm promptly, and in particular you should probably highlight that you could afford to pay for the car in cash (and be prepared to show bank/money market/investment statements to back that up).  Credit is mostly a numbers game, but there is a human on the other side making the decision (assuming you're remotely close) and that makes a big difference.   I would be prepared to walk away from your deposit if they come back and offer you a 5% APR or similar (and you're uncomfortable with the loan at that rate) - over 5 years, a $20k loan at 5% APR will cost you several thousand dollars; it might be worth it even if they don't give you your deposit back.  And if you're clearly ready to walk away from the deposit, that might cause them to negotiate in better faith. Some tips, both from that article and my general experience:"}
{"_id": "430102", "title": "", "text": "If you look at the value as a composite, as Graham seems to, then look at its constituent parts (which you can get off any financials sheet they file with the SEC): For example, if you have a fictitious company with: Compared to the US GDP (~$15T) you have approximately: Now, scale those numbers to a region with a GDP of, say, $500B (like Belgium), the resultant numbers would be:"}
{"_id": "430116", "title": "", "text": "Gartner heeft haar voorspellingen voor de komende jaren gepubliceerd, een tiental op het gebied van IT. Business managers gaan meer controle hebben over budgetten die voorheen beheerd werden door IT, zij zal een co\u00f6rdinerende rol krijgen om de verschuiving in controle te kunnen compenseren. Daarnaast is er een groeiende hoeveelheid aan data en de uitdaging is om hier mee om te gaan. Deze ineffectiviteit verhinderd organisaties om belangrijke kansen te identificeren, binnen de \u2018window of opportunity\u2019."}
{"_id": "430120", "title": "", "text": "\"I don't know how much finance you know, but a fundamental idea is that something's value is the present value of all its future cash flows. Basically what those cash flows are worth today. So if we can predict the cash flows the equity holders will get in the future (not easy), and determine at what rate to discount the cash flows (not easy), we can value the equity.   So a company will have cash flows coming in. But not all go to the equity holders. Some will go to debt holders, if any (interest payments). Some will go to preferred equity holders (dividends), if any. What's left over is what the equity holders will get. If there's no debt, preferred equity or other things like that, then the equity holders get all the cash flows.  This doesn't mean the equity holders literally receive the cash - they'll get whatever is given out via dividends. But, they \"\"own\"\" the cash and it may be reinvested in the business to generate more cash in the future.\""}
{"_id": "430123", "title": "", "text": "\"Frankly, I was just listing off reasons that I and others might be pissed off at our landlords.  Yeah, I've lived in student-focused housing too, and student rentals suck balls.  Hell, that's the reason I wound up in the \"\"upscale\"\" city of Cambridge instead of living in the \"\"cheaper\"\" young-people areas of Allston or Brighton: because those places have had their rents pushed up by students *way* beyond what it's worth paying for a tiny, near-windowless, roach-infested hole built in the 1940s with rats running free in the streets.  And yeah, I understand that those places suck so bad because many students are shitty tenants.  But my real point was: my landlord doesn't provide me a place to live, he charges me ever-increasing rent for a place to live that he didn't build, maintains to the minimum required by the lease, and doesn't ever upgrade.\""}
{"_id": "430126", "title": "", "text": "\"&gt; Hopefully it helps the many dissatisfied Trump voters.  No such thing! No \"\"dissatisfied Trump voters\"\".  So these good news have nothing to do with Trump?  Ok, so far, I and the stock market are showing great confidence in the future under Trump.  Let's wait for future news... good news?  **Are you claiming that under Trump, the economy will suffer?**  If so, why? How?\""}
{"_id": "430129", "title": "", "text": "Because it's possible that you would have gotten a different judge or IRS regulator and the outcome of your 80 hour weeks could have been different? Or maybe you were randomly selected to be audited and maybe you could have just as easily never met the guy that sued you.   Maybe the other guy that happened to not have to deal with these things had more time to work on his business and became more successful?"}
{"_id": "430138", "title": "", "text": "\"Revisiting the topic one month later....  If we look at [Table A-8](http://www.bls.gov/news.release/empsit.t08.htm) again, \"\"Part time for noneconomic reasons\"\" declined by 218K, going from 19,880K to 19,662K.    \"\"Part time for economic reasons\"\" has a slight decline of 33K, going from 7,544K to 7,511K.  So that's a drop of 251K in part-time employment for July.  Probably just noise.\""}
{"_id": "430145", "title": "", "text": "First, accept the fact that you are not going to be able to predict the ups and downs of the market well enough for that to be a viable strategy. In the long run these schemes tend to be losers because it forces you to guess correctly twice (When to get out, when to get back in) and missing either date can cost you. A better strategy to benefit from market volatility:"}
{"_id": "430152", "title": "", "text": "\u0110\u00f3 l\u00e0 \u1ea5n t\u01b0\u1ee3ng t\u1ed1t \u0111\u1eb9p c\u1ee7a s\u01a1n s\u01a1n \u0111\u1eb9p nh\u1ea5t c\u1ee7a ng\u00f4i nh\u00e0. B\u1ea5t c\u1ee9 khi n\u00e0o b\u1ea1n c\u1ea7n s\u1eeda ch\u1eefa nh\u00e0 v\u1edbi \u0111\u1ed9i ng\u0169 chuy\u00ean gia sau \u0111\u00f3 b\u1ea1n \u0111\u00e3 \u0111\u1ea1t \u0111\u1ebfn \u0111\u00fang n\u01a1i c\u00f3 kinh nghi\u1ec7m t\u1ed1t h\u01a1n. M\u1ee5c ti\u00eau c\u1ee7a ch\u00fang t\u00f4i l\u00e0 \u0111\u1ec3 \u0111\u00e1p \u1ee9ng c\u00e1c kh\u00e1ch h\u00e0ng v\u1edbi h\u1ed3 s\u01a1 cao c\u1ee7a s\u01a1n nh\u00e0. Ch\u00fang t\u00f4i c\u00f3 kinh nghi\u1ec7m t\u1ed1t v\u1ec1 th\u1ea1ch cao v\u00e0 tr\u1ea7n nh\u00e0, tr\u1ea7n nh\u00e0 v\u00e0ch ngan th\u1ea1ch cao theo phong c\u00e1ch m\u1edbi nh\u1ea5t l\u00e0 \u1ea5n t\u01b0\u1ee3ng r\u1ea5t t\u1ed1t. \u0110\u00f3 l\u00e0 c\u00e1i nh\u00ecn \u0111\u1eb9p c\u1ee7a m\u00e1i nh\u00e0 trong ph\u00f2ng.  Ch\u00fang t\u00f4i r\u1ea5t t\u1ef1 tin \u0111\u1ec3 c\u1ea3i thi\u1ec7n \u0111i\u1ec1u ki\u1ec7n nh\u00e0 ho\u1eb7c v\u0103n ph\u00f2ng v\u1edbi \u0111\u1ed9i ng\u0169 chuy\u00ean nghi\u1ec7p cao."}
{"_id": "430183", "title": "", "text": "Wells Fargo WFC +2.14% &amp; Co. has fired four foreign-exchange bankers amid an investigation into that business by both the bank and regulators, according to people familiar with the matter and the bank.  The firings and investigation are the latest problem to hit Wells Fargo, which has been grappling for the past year with the fallout from its sales-practices scandal. This summer, the bank disclosed that a review of its businesses in the wake of that scandal had also revealed problems related to improperly charging customers for certain auto insurance and mortgage products.  The bank\u2019s issues, though, had mostly been confined to the retail-banking business. The foreign-exchange investigation now shows there is also trouble in Wells Fargo\u2019s investment-banking arm. The issues have emerged separate from a review of business practices in the wake of the sales-practices scandal, according to a person familiar with the matter.  A Wells Fargo spokeswoman confirmed the firings after inquiries from The Wall Street Journal.  Separately, the Office of the Comptroller of the Currency earlier this week sent a confidential report to Wells Fargo about the auto-insurance product issues. That said the bank may need to refund to customers more than the $80 million the bank had previously cited, according to a person familiar with that matter.  The foreign-exchange firings come just weeks after Wells Fargo chief Timothy Sloan was castigated during a Senate Banking committee hearing for the bank\u2019s conduct and culture, such as how problems happened for many years and why more wasn\u2019t done to stop them. Sen. Elizabeth Warren (D., Mass.) said more had to be done at the bank in light of recent problems that have emerged and she called for Mr. Sloan\u2019s firing.  Mr. Sloan defended the bank and its handling of problems, pointing to a number of changes he has made over the past year in the operations of the retail-banking business.  It isn\u2019t yet clear what issues drove the firings in Wells Fargo\u2019s foreign-exchange business. But the bankers involved were fired for cause, according to a person familiar with the matter.  The terminations occurred as the bank is conducting an internal investigation and as federal regulators have been examining practices in the business, according to a person familiar with the matter.  Those fired, the people said, were Simon Fowles, recently head of foreign exchange trading; Bob Gotelli, recently head of foreign exchange sales; Jed Guenther, recently a regional head of foreign exchange; and Michael Schaufler, chief spot dealer.  The bankers didn\u2019t immediately respond to requests for comment or declined to comment.  The prior head of the foreign exchange group, Sara Wardell-Smith, was moved to a different role at the bank, the people said. Ms. Wardell-Smith\u2019s LinkedIn profile refers to a role beginning in October leading part of Wells Fargo\u2019s financial institutions group. She had held several roles in the bank\u2019s foreign-exchange group after joining Wells Fargo in 1995 and led the group for the past decade.  Ms. Wardell-Smith didn\u2019t respond to requests for comment.  The bank spokeswoman said Ms. Wardell-Smith accepted a new position as Americas regional leader in Wells Fargo\u2019s financial institutions group. She added that the bank\u2019s foreign-exchange business \u201cwill continue to serve our clients under the leadership of Ben Bonner.\u201d  Wells Fargo\u2019s investment-banking, securities and markets division, known as Wells Fargo Securities, is a fraction of the size of its U.S. big-bank peers. Its U.S. investment-banking market share is just about 4% as of September, according to research firm Dealogic.  And Wells Fargo\u2019s foreign-exchange desk doesn\u2019t do as much business as other banks, industry participants have said. Wells Fargo doesn\u2019t break out financial results or metrics for that group.  Unlike many other big banks, Wells Fargo\u2019s foreign-exchange operations weren\u2019t caught up in investigations into collusion between market participants to move foreign-currency rates for their own financial benefit. Those investigations led to more than $5 billion in combined penalties at U.S. and European banks and a guilty plea to criminal charges.   In regard to the retail-bank problems, the report sent to the bank by the OCC this week said Wells Fargo was too slow to identify and correct problems related to auto-insurance products known as collateral protection insurance, a person familiar with the matter said. The OCC report was first reported by the New York Times .  The OCC did acknowledge that the bank has ended the auto-insurance practices, changed management and restructured the group responsible for the sales.  An OCC spokesman declined to comment on ongoing supervisory matters.  Another Wells Fargo spokeswoman reiterated that the bank discontinued the product at issue.  \u201cWe will continue to work with regulators on the remediation and will make improvements to our auto lending business,\u201d the spokeswoman said."}
{"_id": "430188", "title": "", "text": "Son d\u00f6nemlerde kendi i\u015fini kurmak isteyenlerin say\u0131s\u0131 bir hayli artt\u0131. Birikimini de\u011ferlendirmek, k\u00e2r getiren bir i\u015f haline d\u00f6n\u00fc\u015ft\u00fcrmek isteyen yat\u0131r\u0131mc\u0131lar, \u00e7e\u015fitli i\u015f f\u0131rsatlar\u0131n\u0131 ara\u015ft\u0131r\u0131yor. Giri\u015fimciler i\u00e7in farkl\u0131 se\u00e7enekler sunan bir\u00e7ok alan da yat\u0131r\u0131mc\u0131s\u0131n\u0131 bekliyor.  Her iki alanda do\u011fru bilgi payla\u015f\u0131m\u0131, do\u011fru yat\u0131r\u0131m i\u00e7in \u00e7ok \u00f6nemli. Bir yat\u0131r\u0131ma giri\u015fmeden \u00f6nce farkl\u0131 alanlardaki se\u00e7enekleri mutlaka g\u00f6zden ge\u00e7irmelisiniz. Buradan hareketle kurmu\u015f oldu\u011fumuz bu site, birikimini yat\u0131r\u0131ma d\u00f6n\u00fc\u015ft\u00fcrmeyi ama\u00e7layan ki\u015fileri hedefliyor. Sitemizde yeni i\u015f fikirleri ile kar\u015f\u0131la\u015facaks\u0131n\u0131z. Her biri T\u00fcrkiye\u2019de i\u015f potansiyeline sahip bu alanlardan birine yat\u0131r\u0131m yapabilirsiniz. Bir \u015firketin sat\u0131\u015f ofisini a\u00e7abilir veya yurtd\u0131\u015f\u0131ndan bir markay\u0131 ilk getiren siz olabilirsiniz. \u0130lerleyen g\u00fcnlerde, bir\u00e7ok i\u015f se\u00e7enekleriyle kar\u015f\u0131n\u0131zda olmaya devam edece\u011fiz. Sermayeniz ne kadar olursa olsun, her b\u00fcy\u00fckl\u00fckte yat\u0131r\u0131m i\u00e7in uygun f\u0131rsatlar\u0131 bulabilece\u011finiz sitemizde, sadece bilgi birikiminizi de\u011ferlendirebilece\u011finiz i\u015f kollar\u0131 da bulunacakt\u0131r. \u00d6zellikle bili\u015fim alan\u0131nda bilgi birikimine sahip olanlara y\u00f6nelik haz\u0131rlayaca\u011f\u0131m\u0131z yaz\u0131lar\u0131n b\u00fcy\u00fck ilgi \u00e7ekece\u011fini tahmin ediyoruz."}
{"_id": "430189", "title": "", "text": "As per Indian tax laws; income, expense, gain and loss constitute the basic pillars of every individual\u2019s economic life. There are very few cases under which this new 'income' is non taxable. Based on the circumstances, you might have to pay capital gains tax."}
{"_id": "430193", "title": "", "text": "I think these systems of wealth re-allocation is where the heart of the debate about the American economy is or should be. Should we have our government intervene and re-allocate wealth in some way? It already does to some degree, although arguably in a bad way. It's much easier to avoid taxes when you can pay for the sort of expert good at avoiding that sort of thing. Middle/Poor class individuals end up paying more taxes relative to their income further exacerbating wealth inequality. I think it was Bill Gates and probably many others that have mentioned that one of the best ways to get money to underutilized market participants is by investing in businesses who then employ people.  I think the concern with the American economy and everything else dependent to it is that the mechanisms/pipelines for enabling the poorly utilized are outgunned by the mechanisms/pipelines for taking the money from the poor/middle class and putting it in the hands of the rich. Loan-based financial products are the biggest offenders I think. If only hypothetically I would like to see what an economy would look like if loans were simply not an option, or if the idea of merit qualifying a person for a loan/financing were significantly more accurate."}
{"_id": "430216", "title": "", "text": "Houses burn down a lot more frequently than banks fail. Also, I'll bet the odds that FDIC will insure the loss of money in a bank is much higher than the odds of a homeowner's policy believing a huge pile of cash burned up in your house AND even then your policy probably wouldn't have coverage limits high enough to reimburse you for substantial cash losses. Oh yeah, then there is theft, floods,etc. The biggest danger is that routine inflation will eat up that money faster than the rats in the basement. Now, having some cash for a small emergency on hand isn't a terrible idea, but using your closet as a personal bank doesn't seem very smart."}
{"_id": "430222", "title": "", "text": "The foods not great.  That said if it was, I'm definitely far more likely to visit a fast casual restaurant.  I don't need a waiter to wait on me for simple stuff like getting drinks.    I'd say bring up the food quality, switch to fast casual (less employee overhead then as well), and have takeout.  I constantly order from a local restaurant nearby, since they have takeout I can order using a mobile app and have solid wings.  We dine in occasionally, but it's only if the kids are having a good day."}
{"_id": "430233", "title": "", "text": "\"The reason is that GM consistently payed out for many many years. Their grandfathers and fathers worked at GM and got their pension, and they were told it would be the same for them. Very similar to the housing market in fact. When you have been told from birth that something \"\"just is\"\" and you see the results for yourself, it is easy to just accept that it will be that way forever.  Obviously that is not the case, but I don't put all the blame on those people. I worked in michigan for a bit, and this idea, especially with the auto industry was basically part of the culture.\""}
{"_id": "430236", "title": "", "text": "No. Amazon puts tons of money into expansion. They don't care what shareholders think about it, because it pays off later in incredible fashion.   Every few quarters they decide to throw a ton back into infrastructure and investment.     The stock barely dropped."}
{"_id": "430240", "title": "", "text": "Yes. Here's the answer to this question from oregon.gov: 3. I am moving into Oregon. What income will be taxed by Oregon? As an Oregon resident, you are taxed on ALL income regardless of the   source of the income. This includes, but is not limited to: You may need to pay estimated taxes if you don't have Oregon   withholding on your income."}
{"_id": "430262", "title": "", "text": "The writing might be on the wall for Steve B, but Microsoft really own the corporate market.  I think IaaS and SaaS will start to erode that, but many app huggers will help keep MS strong for a long while.  If the next CEO is Steve B II, then I might be worried for MS."}
{"_id": "430300", "title": "", "text": "Find the most reliable used car dealer in your city. Masai Auto City is a world's largest car dealer Johor. With a range of used vehicles, these days, there is no higher value than purchasing a used car. Especially, if you have no concept about what you should do to get the best bargain without being cheated by the greedy people who are prepared to deceive you. Here, you can buy car Jb that\u2019s certified car by our expert team, we have a good experienced team that always uses the powerful tools to recognize the most issues in a car, then we give to their clients."}
{"_id": "430301", "title": "", "text": "No one wants to shop at Walmart, they just do. I don\u2019t think the brand image is there for Walmart unless people are convinced they will save a lot of money. As silly as it might sound, brand is king"}
{"_id": "430333", "title": "", "text": "No, I think DrJ has the truth of it: the moderators are slacking off. But can you blame them?  Reddit has become so huge and so amorphous that trying to moderate even a small forum must be a challenge, let alone something like /r/business or /r/science."}
{"_id": "430356", "title": "", "text": "\"&gt; and their male broadcasters are all pigs.  Their actual journalists like Chris Wallace or Shep Smith aren't that bad (they're also the ones criticizing Trump again and again). It's the \"\"personalities\"\" and \"\"commentators\"\" like Hannity, O'Reilly and the Fox and Friends people who make up the problem and stereotypes of Fox.  I'm not excusing Fox for presenting these problematic people as reputable and giving them a platform or saying that these people aren't the majority of the Fox brand or timeshare, just saying that there is a gradient there with some people whose sins aren't any worse than a typical news person and some people who demonstrate integrity and respect.\""}
{"_id": "430359", "title": "", "text": "This is one of the issues. Traditionally, people would list their house while they looked for a new one. This has become less common. Now people more often find their dream home and then list their homes.  This creates more buyers for fewer properties at any given time."}
{"_id": "430365", "title": "", "text": "Some requirements needed for availing loans are FICA documents, a certain percentage of equity of the purchase price and A signed Offer to Purchase/Deed of Sale etc. A single loan can be availed that will include both the purchase and construction components of the investor\u2019s project."}
{"_id": "430373", "title": "", "text": "\"So really \"\"it depends\"\". Are you going to live alone, or have a roommate? What will you do for transportation? One thing you can do it look at university web sites in the area and look at their estimates for monthly living expenses in the area. Not that you will be enrolling in a university, just that those web sites can give you a good idea of living expenses in that part of California. An example site for Glendale (near Burbank) with additional links for more information can be found here: https://www.glendale.edu/apply/international-students/off-campus-housing-homestays As you can see, costs vary depending on your needs.\""}
{"_id": "430377", "title": "", "text": "As a general premise: In most of the online transactions in case of dispute the benefit of doubt is given to the customer. IE if the customer refuses to pay and claims that its not his transaction, the card company reverses the charges and does not pay the merchant (or recovers if its already paid).   There are many types of online vendors who use a variety of methods to ensure that they are not at loss. Some of these are:"}
{"_id": "430386", "title": "", "text": "I'm not one of the ones down voting.... nor am I interesting in getting into a debate about the specifics of Title VII (that is what the courts are ultimately for). Where I take issue is with a company that sells lights and your notion that a non christian couldn't possibly be suited to work there. Being 'born again' and a frequent church goer is hardly a prerequisite for an operations manager role.   I have no issue with a company asking a potential employer if they are comfortable with the religiosity of the company but the line of questioning was totally inappropriate for the job.  In any case it will be interesting to see where this case goes.. if anywhere."}
{"_id": "430391", "title": "", "text": "Hey guys, I graduated in economics and I want to apply to different positions and jobs. Especially financial controlling is a field I'm really interested in. If some of you work in this branche, could you tell me what are the things you like/dislike the most in your jobs?"}
{"_id": "430398", "title": "", "text": "Exactly. Regardless of just the volatility, to weight an asset or two with a majority of your portfolio is poor investment strategy. Ron is a smart guy and obviously understands the benefits of diversification. As others have suggested, I think he is doing it more to make a statement.  When he retires, I hope it doesn't come back to bite him."}
{"_id": "430406", "title": "", "text": "I don't have a direct short position. It is a structured product linked to the performance of Tesla. I basically get a fixed coupon payment every quater and as long as Tesla doesn't move up more than 50% in the next half year I get my initial investment back plus the coupons. If it should move up more than 50% I lose that percentage of my initial investment"}
{"_id": "430407", "title": "", "text": "I am by no means an expert in this, but I did a little research and came across this page on the SSA site -- Can You Be Entitled To Benefits Retroactively?   You may be entitled to monthly benefits retroactively for months before the month you filed an application for benefits. For example, full retirement age claims and survivor claims may be paid for up to six months retroactively. In certain cases, benefits involving disability up to 12 months may be paid retroactively. (This is not true of the special age 72 payments (see \u00a7\u00a7346-348), black lung benefits (see Chapter 22), medical insurance (see Chapter 24), or SSI (see Chapter 21).) SSA Handbook (emphasis mine) Based on this, it sounds like he may be mistaken. I recommend speaking to a SSA rep to get a solid answer on this though. Not everything on the internet is true."}
{"_id": "430409", "title": "", "text": "There are really three routes in academic finance.   1) Corporate finance - you probably have enough math for this  2) Market forecasting and modeling - this relies more heavily on econometrics, or more basic math  3) Quantitative valuations - most of the work here is in exotic asymmetric derivatives, which is almost entirely differential equations."}
{"_id": "430412", "title": "", "text": "Also, for the longest time it was only storable on local memory which could have been lost, stolen, or destroyed.  Or they could have died or lost the password.  I still don't like how easily it is/was to lose entire swaths of the blockchain"}
{"_id": "430414", "title": "", "text": "The CFA program is extremely demanding but a very good way to get into the industry if you can complete it.  Be prepared to study for more than 300 hours at each level... if you can't give it that don't waste your time.  Source: i just wrote Level 3 three days ago"}
{"_id": "430417", "title": "", "text": "You're right, but it can be broken down enough to where its more easily absorbable- at least that's the premise. Is definitely a concern we've had and I guess we'll see what's possible through some more user feedback and iteration."}
{"_id": "430428", "title": "", "text": "Ah I didn't say I don't use it - I do - but fuck me its irritating. Use something like Facebook Messenger bots to get a 99% open rate Vs 20% open rate (if you're doing well!) or look at using BombBomb as an email system for making dough from. You in marketing and sales too, bruv?"}
{"_id": "430431", "title": "", "text": "&gt; But sure, if you want companies to stay in the US and customers to pay higher prices to compensate for those higher taxes...  But they don't. Across the board; prices in the US are much lower than they are in every other developed country. Partly because of economies of scale, partly because the posted tax rate != the effective tax rate."}
{"_id": "430435", "title": "", "text": "This sounds like a wonderful concept going up (a lower level employee contacting, say, a VP), but it works terribly in reverse. If you were a lower-level worker, do you want to field questions from random managers, directors, VPs and the CEO on something? I worked at a company like that, and it was horrible. It made you stop everything you were doing to answer nonsense questions because the person was too lazy to find something out on their own or through their own normal channels. It intimidates lower-level employees and makes them feel like they have 100 bosses. But then again, Musk's companies are said to have very high-stress, cutthroat cultures, so this would make sense."}
{"_id": "430441", "title": "", "text": "The Homebuyers Tax Credit was unrelated to whether or not a mortgage was part of the purchase. You will have no issue with this credit if you refinance."}
{"_id": "430472", "title": "", "text": "\"Rating agencies are pretty garbage, the market is always a few steps ahead of them.  However, India is rated lower as it has not been an economic \"\"power\"\" for a long time ans is still developing. However the market rates on bonds tell a different story, and that is that India is safer than Spain to lend to.  It is also easier to go after assets in Spain a Eurozone country than India, however Indian debt in Rupees should be safer than Spanish debt in Euros as India can fire up the printer if necessary.  Indian yield on the 10 year is ~ 8.5% inflation is 7.5% giving a real yield of 1% Spanish 10 year is 6.87% and Eurozone inflation is 2.4% giving a real yield of 4.47%.  The market doesn't agree with S&amp;P.\""}
{"_id": "430491", "title": "", "text": "\"There are indications that ABC News settled on somewhat favorable terms. As of Wednesday, ABC News did not issue any retraction, correction, or apology, or remove its 2012 broadcast, \u201cPink Slime and You,\u201d from the ABC News website, which libel plaintiffs typically demand as part of a settlement.  Most civil cases are settled. It is cheaper for both parties. ABC news appeared to have \"\"won\"\" in this case. How is that a \"\"red flag\"\"?\""}
{"_id": "430498", "title": "", "text": "I am considering making my investment history publicly available online What is the benefit you are looking for by doing this? Just to establish that you are a successful investor, so in long run can predict things ... have tons of followers? If so yes. Go ahead. Updates to the portfolio would have to be near real-time than post facto else no one will believe you and it would be useless. are there any reasons (legal, personal, etc.) not to publicize my personal investment history legal, depends on country; I can't think any [check the agreement with your broker / depository] on how much can be displayed. i.e. they may forbid from revealing contract ref / or some other details. On Personal front, it depends who takes a liking to your stuff.  Relatives: They know you are making huge profits and may want to borrow stuff ... or queue up to you requesting to make similar huge profits for them; only to realize when there is loss they blame you ... this can strain relationships. Friends: Although close friends may have a general idea, if you are too successful and it shows; it can have its own set of issues to deal with. Colleagues / Manager: If you are too successful, it may mean you may notionally be earning more than them ... they would start unconsciously monitoring your behaviour ... this guy spends all day in office researching for stocks and doesn't work. That way he knows how to pick good stock ... he is wasting company time. The same happens if you are loosing stock ... a unrelated bad day you are having maybe equated to loss in stocks. Depending on the job / roles, they may move you to different role as the perceived risk of you swindling goes up. Generally important work doesn't get assigned, as it would be assumed that if you are successful in investing, you may quite soon and start full time into it. Identify Theft: As mentioned by keshlam, to much data one can easily risk identity theft. Realize phone banking to get some routine stuff just asks for basic details [that are available on face book] and few recent debits / credits to the account. This will be easy see the trades you have done. None of us here are expert identity theifs. But the real one have tons of way t"}
{"_id": "430514", "title": "", "text": "&gt; Your real problem will be capital to do what the place needs.  This is very likely.  Often effort isn't enough to pull a business out of a nose-dive.  A big part of bowling alley's money often comes from food and beverage sales (often booze), and that generally requires some well-maintained facilities, licenses, inspections, etc.  Of course there are creative ways to get around some of those problems."}
{"_id": "430522", "title": "", "text": "\"That all sounds very nice, but the whole point of this conversation and this thread was that a person does not choose the circumstances in which they were born.   Biologically yes, you are right. We are a product of the generations that came before us. But does that mean that we can blame a poor child for being born poor? Is it that child's fault that they their families cannot afford good education, or even good food?   Are you actually suggesting that it is acceptable to tell a suffering child, \"\"Sorry, you should have chosen better parents?\"\"  I really hope that is not what you are implying.\""}
{"_id": "430570", "title": "", "text": "\"Of course. The rationale is exactly the same as always: profit is taxed. The fact that you use intermediate barter to make that profit is irrelevant. To clarify, as it seems that you think it makes a difference that no money \"\"changed hands\"\". Consider this situation: So far your cost is $10000. How will the tax authority address this? They will look at the fair market value of the barter. You got gold worth of $20000. So from their perspective, you got $20000, and immediately exchanged it into gold. What does it mean for you? That you're taxed on the $10000 gain you made on your product X (the $20000 worth of barter that you received minus the $10000 worth of work/material/expenses that you spend on producing the merchandise), and that you have $20000 basis in the gold that you now own. If in a year, when you plan to sell the gold, its price drops - you can deduct investment losses. If its price goes up - you'll have investment gain. But for the gain you're making on your product X you will pay taxes now, because that's when you realized it - sold the merchandize and received in return something else of a value.\""}
{"_id": "430605", "title": "", "text": "Mint is only an organizer of information that is actually aggregated by different services. Currently data aggregation for mint is being done by Yodlee and also by Intuit's own aggregation service."}
{"_id": "430610", "title": "", "text": "So basically they are the same as most other for profit businesses.  The big difference is they offer global variety and easy checkout. If the malls don't have it, Amazon is the place to look. Or is competition no longer good for business?"}
{"_id": "430612", "title": "", "text": "(Disclosure - I am a real estate agent, involved with houses to buy/sell, but much activity in rentals) I got a call from a man and his wife looking for an apartment. He introduced itself, described what they were looking for, and then suggested I google his name. He said I'd find that a few weeks back, his house burned to the ground and he had no insurance. He didn't have enough savings to rebuild, and besides needing an apartment, had a building lot to sell.  Insurance against theft may not be at the top of your list. Don't keep any cash, and keep your possessions to a minimum. But a house needs insurance for a bank to give you a mortgage. Once paid off, you have no legal obligation, but are playing a dangerous game. You are right, it's an odds game. If the cost of insurance is .5% the house value and the chance of it burning down is 1 in 300 (I made this up) you are simply betting it won't be yours that burns down.  Given that for most people, a paid off house is their largest asset, more value that all other savings combined, it's a risk most would prefer not to take.  Life insurance is a different matter. A person with no dependents has no need for insurance. For those who are married (or have a loved one), or for parents, insurance is intended to help survivors bridge the gap for that lost income. The 10-20 times income value for insurance is just a recommendation, whose need fades away as one approaches independence. I don't believe in insurance as an investment vehicle, so this answer is talking strictly term."}
{"_id": "430622", "title": "", "text": "So what if someone gets approved for a larger credit card balance and gambles it away?   There's nothing tangible left except for maybe some norepinephrine left in your system...     Honestly if the student loan system dried up for anything in like Liberal Arts, universities would scramble to fill positions in their schools and maybe tuitions would come down to an affordable level.    Right now it's a joke.   People are willing to pay for school and living on res when they get qualified for 100k in student loans.  If the student loans weren't there perhaps they'd live with their parents and work to support their education.   Tuitions should fall to affordable levels if that were the case."}
{"_id": "430637", "title": "", "text": "I would not do this personally for most house items, since I really view them as consumables. I am using household items until they wear out, not placing my money in an investment that needs to retain or return value.  If you have any investment-like items, or if the value represents a significant (you decide this) portion of your annual income or net worth, then track it with inventory and schedule it on an insurance policy. If your home is destroyed and you have an inaccurate inventory or no   inventory at all, what does insurance provide for replacement of   property?  Maybe more importantly, will insurance even care about your   own personal inventory? (Isn't it easy to scam, through value   inflation?) For insurance, you need to start with the details of your homeowners policy. Often there will be a general blanket amount of what they will reimburse. If you have items over that amount, or need more coverage, you will need to schedule the items up-front with insurance. This way, the value of expensive items are known and agreed on by all parties before an event. It ensures a quick claim resolution, and it is the cleanest and easiest way to deal with the insurance company.  You need to talk to your agent about the unique aspects of your policy. You need to make sure the policy will cover your liabilities."}
{"_id": "430642", "title": "", "text": "I dumped every stock I own at market open today. I didn't really lose anything and I'm just going to sit things out for awhile. I'll wait and watch and when I see good opportunities to buy solid companies at below market rates but for the moment I'm sitting out. There is too much shit going on from North Korea to Harvey to who knows what else. I like cash so I took my profits and am holding them in that for the moment."}
{"_id": "430665", "title": "", "text": "This is spot on. For years Ireland has been taking flack from all around the world about their 12.5% tax rate but when you take into account all the deductibles and special arrangements other places have they're not too much higher than Ireland. Just Ireland is more transparent, it's the same tax rate for everyone and compliance work such as audit is cheaper."}
{"_id": "430672", "title": "", "text": "\"This is a comment, not an answer. -- but it needs saying and doesn't fit in the comment boxes. Owning is not always cheaper than renting.  Houses don't always appreciate, and in the early years of a loan you're mostly paying interest. -- so that too is \"\"lost money \"\". The time to buy a house is when you are reasonably sure you aren't going to move in the next five years or so, you need something a rental can't give you, you have at least 20% to put down so you avoid the pmi rip-off, you've run a full budget including upkeep and insurance costs and are sure you can carry the house worst-case ... including if you're out of work for an extended time...  (I've seen people lose a job and discover that they can't keep the house,  and can't unload it quickly.  Good route toward bankruptcy. Houses are not a liquid asset, and being \"\"house-rich, cash-poor\"\" is potentially dangerous. ) If you really hate apartments,  remember that sometimes you can rent houses too, often at lower cost per square foot. Basically, don't be stampeded into buying. I rented for two decades before I bought. And by/while doing so I was able to put aside enough investments that I could have bought a half-million-dollar house for cash, and was able to change cities several times without the stress of having to sell and re-buy. I missed out on the insane housing bubble,  but I also avoided being hit when that crashed.\""}
{"_id": "430686", "title": "", "text": "It's not that simple.  Where I live, McDonald's charges $6.19 for a Big Mac combo.  The local In-N-Out charges $6.59 for a Double-Double combo.  They're pretty damned close in price and I don't think anyone would price discriminate over 40\u00a2.  The difference between the two is enormous.  In-N-Out makes a great product, the burger and fries are delicious and fresh.  Further, In-N-Out is known for treating - and paying - their employees well.  They promote from within and becoming a manager is a good job.  Thanks to the decent pay, In-N-Out employees tend to be very good and care about the customers.  McDonald's is very different.  The food is terrible.  Flavorless and bland and *very* expensive for what you get.  In-N-Out aside, I can go to a local mom'n'pop and get a good meal for under $6.  There is no reason for me to go to McDonald's, none.  McDonald's isn't such a great employer, either.  The employees don't care.  I've never been treated badly, but there's no enthusiasm.  They are there for the paycheck only.  I blame accountants and the business structure.  For the record, I am an accountant, so I know what they're up to.  McDonald's is a large, public company bent on returning maximum profits to shareholders.  So they bring in the cost accountants who are very good at shaving costs down to the absolute minimum.  The Big Mac has suffered death by a thousand cuts.  No one cut makes it a lousy product, but give the cost accountants enough time and they will make anything mediocre to bad in lots of different ways.  In-N-Out is a privately held company.  Obviously, they are more interested in making money through selling a quality product and expanding sales.  They don't have to worry about shareholders who don't give a fuck and just want short-term profits.  They could make more money by turning the cost accountants loose, but they also know that would hurt their business.  The difference shows.  McDonald's is rarely busy here.  At In-N-Out, lines are usually out the door and you can't find an open table.  I only go there late at night on weekdays, since that's the only time it isn't slammed.  So you have two companies selling a similar product at almost the same price.  One is wildly successful and slowly expanding.  The other sells a shitty product and thinks that marketing is the problem."}
{"_id": "430689", "title": "", "text": "Sure, you'd make an $8.33 during that first month with little extra risk. Sounds like free money, right? (Assuming no hidden fees in the fine print.) I don't know that the extra money is worth the time you will spend monitoring the account, especially after inflation claims its share of your pie.  If you're going to use leverage to invest, you should probably pick an investment that will return at a much higher rate. If you can get an unsecured line of credit at 1%, there aren't a lot of downsides. Hopefully interest rates don't rise high enough to eat your earnings, but if they do, you can always liquidate your investments and pay the remainder of the loan."}
{"_id": "430692", "title": "", "text": "Yes, it's possible and even common but it depends on your bank or broker. One of the main differences is that you might assume FX risk if your account is in EUR and you trade stock denominated in USD. You might also encounter lower liquidity or price differences if you don't trade on the primary exchange where stocks are listed, i.e. NYSE, Nasdaq..."}
{"_id": "430694", "title": "", "text": "Dexmet was part of the Northeast Group Exhibit sponsored by the Connecticut Department of Economic and Community Development (DECD) and the Northeast Electrochemical Energy Storage Cluster (NEESC). For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "430696", "title": "", "text": "From my reading of the wikipedia page (CRT), this only happens if you deposit or withdraw currency, not checks.  The idea behind this is that checks, ACH, etc. leave paper trails that can be tracked.  Cash doesn't, so it gets this extra level of scrutiny.  If yu get a cashiers check or a money order to pay a bill, I don't think a CRT is created.  If you withdraw $15,000 to buy a car in cash (1 stack of $100 bills), then a CRT would be generated.  It still isn't a problem, as long as you can show a bill of sale showing where the money went (or came from, if you are the seller). The IRS has a FAQ about this.  It says (taken from several spots at that page): Cash is money. It is currency and coins of the United States and any other country.  A cashier\u2019s check, bank draft, traveler\u2019s check, or money order with a face amount of more than $10,000 is not treated as cash and a business does not have to file Form 8300 when it receives them. These items are not defined as cash because, if they were bought with currency, the bank or other financial institution that issued them must file a Currency Transaction Report. The exception to this is if you are buying something with a resale value of more than $10k with a check, money order, etc of less than $10k."}
{"_id": "430702", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.forbes.com/sites/zackfriedman/2017/10/19/cfpb-student-loans-complaints/#7a5b4cfc6444) reduced by 88%. (I'm a bot) ***** &gt; Since 2011, the CFPB has received over 50,700 private and federal student loan complaints and 9,800 debt collection complaints, which have led to actions that have returned more than $750 million to student loan borrowers.  &gt; For federal student loans, 71% of complaints related to dealing with a student loan lender or servicer, while 28% related to student loan repayment and 2% to credit score or credit report.  &gt; Whether it&amp;#039;s Student Loan Refinancing, Federal Student Loan Consolidation, Income-Driven Repayment Plans or Student Loan Forgiveness, you must understand all your student loan options.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/784vwz/cfpb_has_helped_return_750_million_to_student/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233271 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Loan**^#1 **student**^#2 **service**^#3 **borrower**^#4 **plan**^#5\""}
{"_id": "430704", "title": "", "text": "&gt; what business could I do in college?  Keep looking -- and look for potential partners among faculty and fellow students. Network like crazy, and collaborate with others to come up with as many new ideas as you can. You'll find opportunities."}
{"_id": "430718", "title": "", "text": "\"According to the IRS, you must have written confirmation from your broker \"\"or other agent\"\" whenever you sell shares using a method other than FIFO: Specific share identification.   If you adequately identify the shares   you sold, you can use the adjusted basis of those particular shares to   figure your gain or loss. You will adequately identify your mutual fund shares, even if you   bought the shares in different lots at various prices and times, if   you: Specify to your broker or other agent the particular shares to be sold or transferred at the time of the sale or transfer, and Receive confirmation in writing from your broker or other agent within a reasonable time of your specification of the particular   shares sold or transferred. If you don't have a stockbroker, I'm not sure how you even got the shares. If you have an actual stock certificate, then you are selling very specific shares and the purchase date corresponds to the purchase date of those shares represented on the certificate.\""}
{"_id": "430728", "title": "", "text": "\"What do you mean by \"\"Canadian income\"\"? Was it income paid to you as wages for the job you did in the US? Or rental/interest income in Canada? If the former - then it doesn't go to NEC, it goes to the main part of the return. If the latter - it doesn't appear on your NR return at all. Yes, it is to validate your residency status. It has no other effect on your taxes.\""}
{"_id": "430747", "title": "", "text": "A great deal of the money was made abroad.  I imagine they paid some tax in those respective countries.  I heard that they and other large Co's were trying to get a deal bring the money home. If they did they would be taxed again."}
{"_id": "430751", "title": "", "text": "It is sometimes very difficult to find the tp link login details. You may find them on the product label at the bottom of the router or in the user guide provided with the router. If you are still not able to locate the details, contact us for the help."}
{"_id": "430764", "title": "", "text": "\"Bad areas are tough to value as a owner-occupied property, because the business model for being a slumlord is to rent apartments in absentia, usually to tenants receiving goverment subsidies such as Section 8 vouchers. The vouchers are based on a prevailing rent, which are often on par with nice suburban apartment complexes due to how that \"\"prevailing\"\" rate is calculated. So the value of the house is really an annuity calculation. You figure out the potential rental cash flow and apply whatever your local market premium is. The point is, doing an apples to apples comparison is going to be tough, and justifying the cost of repairs that aren't remediating health and safety issues probably won't be recoverable from a home valuation standpoint. A buyer would probably rip out your central air conditioner and sell it! If I were in your shoes, I'd look at the time horizon that you think you're going to be there and amortize the cost over that period. Assuming your mortgage is small and you're staying for about 5 years, spending $10k costs you about $170 a month. Your reward is a modern A/C and heating system. Compare that cost to the cost of moving and your desires and see if it's worth it to you.\""}
{"_id": "430769", "title": "", "text": "Mint can probably do this. They probably have apps now and their online service has had charts for years."}
{"_id": "430780", "title": "", "text": "Is there anyway to store money completely safely? I saw today that Norway has a $1 trillion fund, but that's all in investment. If I was to have, say, $1 million could I somehow store that so there was no way it would lose money  (but I assume not make any either)?"}
{"_id": "430782", "title": "", "text": "Thank you BarStar13 for voting on Crlne\\_bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "430796", "title": "", "text": "I am not going to source for you a number I pulled out of my smelly, hairy ass. Not worth the trouble. Also, I am at work.  And I support not being strangled by debt.   Free for the student. Obviously someone pays for it i.e. we all pay for it because we  (or at least I) believe everybody has the right to a decent education. I guess you disagree on that latter poin, which makes you a luddite, if anything."}
{"_id": "430821", "title": "", "text": "Usually the most significant risk scenarios here are: Third parties can abuse your routing/account numbers to initiate debits, but this is a type of fraud that is easily traced. It can happen, but it is more likely that it would be a scenario where you were specifically targeted vs. the victim of some random fraud. Defending against someone who is specifically going after you is very difficult, especially if you don't know about it. Your SSN isnt used for the bank transfer, you are providing it so that the entity making the payments can report on payments to you for tax purposes. If you are truly worried about this type of scenario, I suggest setting up a dedicated savings account for the purpose of receiving these payments and then sweeping (either manually or automatically) the funds into another account. Most stock brokers will allow you to automate this, and most banks will let you do this manually."}
{"_id": "430824", "title": "", "text": "\"Define \"\"a lot\"\". As much as you possibly want to charge? That is libertarian horse shit. At some point you have to take a step back and look at reality. If people are dying because you want to be a billionaire instead of a 100 millionaire then tough luck.\""}
{"_id": "430840", "title": "", "text": "&gt;woo hoo massive theft    Ahh I see. Better to worry about how he used the number for total bond market than about the fraud itself because it only millions of dollars. Of course. How could i have been so stupid! You're right, the most important thing to get out of the story is that the total amount of new muni bonds isn't as big a number as he uses for the overall bond market.   Keep up the good fight!"}
{"_id": "430846", "title": "", "text": "I've been working in the industry for around 8 years now, and the public exchange are rather very open about the rebates (IEX, BATS, ARCA) If your firm does not give you the rebate when adding liquidity, its a poor business decision, but its not illegal, and you should go to a firm that treats you better."}
{"_id": "430854", "title": "", "text": "The standard advice is that stocks are all over the place, and bonds are stable. Not necessarily true. Magazines have to write for the lowest common denominator reader, so sometimes the advice given is fortune-cookie like. And like mbhunter pointed out, the advertisers influence the advice. When you read about the wonders of Index funds, and see a full page ad for Vanguard or the Nasdaq SPDR fund, you need to consider the motivation behind the advice. If I were you, I would take advantage of current market conditions and take some profits. Put as much as 20% in cash.  If you're going to buy bonds, look for US Government or Municipal security bond funds for about 10% of your portfolio. You're not at an age where investment income matters, you're just looking for some safety, so look for bond funds or ETFs with low durations. Low duration protects your principal value against rate swings. The Vanguard GNMA fund is a good example. $100k is a great pot of money for building wealth, but it's a job that requires you to be active, informed and engaged. Plan on spending 4-8 hours a week researching your investments and looking for new opportunities. If you can't spend that time, think about getting a professional, fee-based advisor. Always keep cash so that you can take advantage of opportunities without creating a taxable event or make a rash decision to sell something because you're excited about a new opportunity."}
{"_id": "430861", "title": "", "text": "\"In San Francisco (home of super-expensive real estate and more than a bit of marijuana use) you'll see people asking up front for \"\"first and last months' rent\"\" plus a security deposit when you move in somewhere. If someone can't come up with the cash, then it looks like this is the last month... and time to look for a new roommate. of course, it can be difficult to implement this arrangement if you've already moved in with a bunch of people, and if it's not common in an area people may balk at the money required up front, but.... it is a reliable way to deal with people flaking out on the rent money.\""}
{"_id": "430868", "title": "", "text": "If the brokerage account holds US assets, such as the stock of US companies, then it may be taxable under some conditions. The rules are complex and depend on the nationality of the individuals, because the results may be affected by tax treaties between the United States and whatever country the person is from."}
{"_id": "430877", "title": "", "text": "Wow I love some of these answers. Remember why you are investing in the first place.  For me I like Dividend stocks and Dividend Capturing. Here is why. With over 3500 dividend stock companies paying out dividends this year, that means I can get a dividend check almost every day. What about if the stock goes down you ask? Well out of these 3500 companies there is a small group of these stocks that have consistently increased their dividend payout to their investors for over 25 years and a smaller group that have been increasing every year their pay outs for over 50 years. Yes Kennedy was in office back then and to this day they consistently pay higher and higher dividend payments to their investors, every year... for 50 years.  As for the Dividend Capturing strategy, that allows me to collect up 10-20 checks per month with that little effort. As for the stock going down... Here is a little tidbit that most buyers overlook. Stock price is more or less the public's perception of the value of a certain company. Earnings, balance sheet, cash flow, market cap and a few other things in the quarterly report will give you a better answer to the value of a company. If stock price goes down while earning and market go keep going up... what does that tell you?"}
{"_id": "430890", "title": "", "text": "\"I highly recommend http://pages.stern.nyu.edu/~adamodar/ Professor Damodaran. He's written some of the best valuation books in existence (my favorite, simply \"\"Investment Valuation\"\"). On his website you'll find a big pile of spreadsheets, that are models for working the various approaches to valuing a company.  Also, he teaches an MBA-level valuation course at Stern School of Business in NYC. And he videotapes it and you can watch it for free. Very smart, kind, generous man.\""}
{"_id": "430900", "title": "", "text": "Unlike other responses, I am also not good with money.  Actually, I understand personal finance well, but I'm not good at executing my financial life responsibly.  Part is avoiding tough news, part is laziness. There are tools that can help you be better with your money.  In the past, I used YNAB (You Need a Budget).  (I'm not affiliated, and I'm not saying this product is better than others for OP.)  Whether you use their software or not, their strategy works if you stick with it.  Each time you get paid, allocate every dollar to categories where your budget tells you they need to be, prioritizing expenses, then bills, then debt reduction, then wealth building.  As you spend money, mark it against those categories.  Reconcile them as you spend the money.  If you go over in one category (eating out for example), you have to take from another (entertainment).  There's no penalties for going over, but you have to take from another category to cover it.  So the trick to all of it is being honest with yourself, sticking to it, recording all expenditures, and keeping priorities straight.   I used it for three months.  Like many others, I saved enough the first month to pay the cost of the software.  I don't remember why I stopped using it, but I wish I had not.  I will start again soon."}
{"_id": "430901", "title": "", "text": "I checked this myself and there is no monetary penalty for late filing. However, since I am late I have to do all publication over again which costs me extra $50."}
{"_id": "430911", "title": "", "text": "A good resource for this type of help is the National Foundation for Credit Counseling (NFCC). They provide free and low-cost credit counselors who can... Most importantly, avoid those for-profit debt consolidation companies. They are ripoffs."}
{"_id": "430913", "title": "", "text": "gr33nss -   Unfortunately, you are 100% correct. The way most companies avoid having to pay overtime is by putting you on salary. I try to stay focused on promotions and bonuses as a way to justify all the extra work hours above the typical 40-hour work week.   It sounds like you'll have to put some extra hours in but it will reflect positively if you don't rush to get home as soon as your 8 hours/day are up. Just my two cents..."}
{"_id": "430923", "title": "", "text": "\"India's a very interesting case study. They're economy's exploded and grown by leaps and bounds in the last decade. It's a free market but the Reserve Bank of India's get's weird sometimes.   For instance a lot of these crappy and defaulting loans are because the government (Reserve Bank of India) said to fuel growth you have to make sure a certain percentage of your loan book is made out industries we want to develop. So huge loans were made to construction firms, not because they fit the risk profile of the bank or were good investments, but cause the government mandated it. Ton's of horribly run companies got money they shouldn't have.  Also, public banks pay a lot less than their private counterparts, so you don't have the best and brightest handing out these loans.   India's a fucking mess of laws. Like there's no codified way to declare bankruptcy like there is in the West. So if a company goes belly up, they have to go through this maze of different government offices with contradictory rules so creditors (in many cases, the banks that lent them money) can get some of their money back, IMF said it takes 4.5 years on average for a company to go through bankruptcy proceedings. That's insane!  And because it's India, there's a ton of shady shit going on behind the scenes. Up until 2-3 years ago, loans that the banking industry considers non performing (interest payments haven't been made in 90 days) were lumped in another category and hidden in the balance sheet, so the rest of the world looked at this said, \"\"well, their NPL ratio is only 3-4% which is fine for developing country\"\" and continued to rate them highly. It wasn't until recently that we figured out the ENTIRE banking sector wasn't reporting their bad loans properly.\""}
{"_id": "430931", "title": "", "text": "Specifically on the subject of maxing out your 401k, there are several downsides: The employer match usually only applies to the first 6%. Some employers offer no match at all. You listed the match as a pro, but I think it should be pointed out that you can usually get this benefit without maxing out your plan. The investment options are limited. Usually there is at least one fund available from all the common investment classes, but these may not be your preferred funds if you were able to choose for yourself. Fees can be very high. If you are working for a small to medium size company, the fees for each fund will often be higher than for the same funds in a plan offered by a large company. Fees are usually related to the dollar amount of assets under management. Each person has a different tax situation, so if you are single and making 6 figures, you might still be in the 25% bracket even after maxing out your 401k, but the same person filing jointly with a spouse that makes less could get down to the 15% bracket with a smaller contribution. I meet my retirement savings goals without maxing out the 401k. As long as the amount is above the employer match amount, my second priority is to funnel as much money as possible in to my IRA (because I get lower fees and better investment options from Vanguard)."}
{"_id": "430957", "title": "", "text": "One of the challenges is that online shopping is still a relatively small slice of all retail. Yes, it looks great for the growth of firms in that space, but they'd need a few more years of that growth across the industry to make up for it. Similarly, internet advertising is still small compared to TV."}
{"_id": "430974", "title": "", "text": "The quotes on JSE are for 100 share lots.  The quotes on NYSE are for single shares.  That still leaves some price difference, but much less than you calculated. (EDIT: Equivalently, the price is quoted in 1/100th of a Rand.  The Reuter's listing makes this explicit since the price is listed as ZAc rather than ZAR.  http://www.reuters.com/finance/stocks/overview?symbol=HARJ.J) As noted in the other answer currently up, NYSE is quoting American Depositary Receipts (ADRs) for this company, which is not directly its stock.  The ADR in this case, if you check the prospectus, is currently 1 share of the ADR = 1 share of the stock on its home market.  A US institution (in this case it looks like BNY Mellon) is holding shares of stock to back each ADR. Arbitrage is possible and does happen.  It's not perfect though, because there are a variety of other cost and risk factors that need to be considered.  There's a good review here: Report by JP Morgan Some summary points:"}
{"_id": "430997", "title": "", "text": "No, you're not missing anything. RSUs are pretty simple when it comes to taxes. They are taxed as compensation at fair market value when they vest, basically equivalent to the company giving you a cash bonus and then using it to buy company stock. The fair market value at vesting then becomes your cost basis. Assuming the value has increased since vesting, selling the shares that vested at least a year ago (to qualify for lower long-term capital gains tax rates) with the highest cost basis with result in the minimum taxes."}
{"_id": "431010", "title": "", "text": "\"To take a different tack from qdot - it is advice. Maybe good, maybe bad. In the early 1990s I did exactly what you are intending to do and was stunned at the expenses involved in maintaining the company - primarily the accounting costs. This would have all been different if I'd been making a lot more money out of the situation, but the work was on the side, a few hours a week here and there, and I closed the \"\"business\"\" after just one year. Probably broke even on the deal, but certainly did not come out in front. I'd also strongly recommend you take a look at issues like basic book keeping, claiming VAT, setting up corporate bank accounts, and the like. Whether it is \"\"not a lot of work\"\" is purely a personal thing - some folks breeze through it all, some hate it. Time Is Money. My 0.02.\""}
{"_id": "431025", "title": "", "text": "\"And what about \"\"peanut butter\"\" or \"\"apple butter\"\" or \"\"milk of magnesia\"\" or \"\"coconut milk\"\"? So what if people have been using those terms for 50 or more years, it cannot stand!   I'll tell you what, get \"\"peanut butter\"\" banned and called something like \"\"masticated peanut spread\"\" and we can talk about having \"\"oat milk\"\" or \"\"soy milk\"\" renamed to \"\"soy beverage\"\" or whatever. Deal?\""}
{"_id": "431028", "title": "", "text": "It sounds like you're putting all your extra money into insurances because you feel that one can never have too much insurance. That's a very bad idea, financially. Basically it means you'll end up giving your money away to insurance companies in order to satisfy that feeling. Do realize that the expected value of every instuance is negative: on average, you'll pay more money than you'll receive. Otherwise, insurance companies would go bankrupt, so they are very good at ensuring that they get more in premiums than they pay out. Insurance should only be bought to cover essential risks, things that would ruin you: major health problems, death (to cover dependants), disability, liability. For everything else, you should self-insure by saving up money (up to a few months' wages) and putting it into safe and liquid investment vehicles as an emergency fund. That way, you are much more flexible, don't pay for the insurance company's employees, fancy offices and profits, and may even earn some interest."}
{"_id": "431033", "title": "", "text": "I do notice a shit-load of fake reviews for certain items. Especially new products that just launch. They want to jumpstart sales, so they ask family, friends, or hire people to create fake reviews. I can usually spot the fakes because they are very oddly written. The praise of the seller and product are just too overblown. The average person doesn't talk like that, IMHO."}
{"_id": "431044", "title": "", "text": "I've done several deals in excess of that amount. However, I am confused what you are looking for exactly. Typically those amounts are syndicated and presented via a pitch deck to investors to secure financing. Is an example pitch deck what you are looking for? If not, are you looking for the actual legal agreement? Or are you looking for the credit memo? Think I can point you in the right direction either way. Best chance to find what you are looking for is to check comparable companies investor relations materials and sec filings."}
{"_id": "431045", "title": "", "text": "Do you need the car? It depends on what your goals are. You're going to keep losing money on the car via means of the debt (which I assume you can't pay off without selling the car) and depreciation. If it was me, I would sell the car. But if you like it and you can afford it, then keep it."}
{"_id": "431053", "title": "", "text": "\"&gt; Lol. Americas are two continents. How many times do I have to educate you?   No, you said America is continents. You are just being weirdly semantic and also failing to distinguish between North and South America. They are not both collectively called America. Nobody groups 2 continents together like that. It's like trying to group Europe and Africa together.  There is nobody who says this. You cannot \"\"educate\"\" me on this because literally zero people aside from you think this way.   &gt;Beside that you still have not presented any data. All your points have been invalidated and best you can do is change topics over and over.  What data would you like? America being increasingly protectionist and the stock market being at an all time high?   https://www.cnbc.com/2017/07/26/us-stocks-boeing-earnings-fed.html  I already used your own data against you so in a way that is me using data and you've presented none.  &gt;Still could not address my points about Argentina, Canada, US and etc.  What point? I said Canada was protectionist and Canada is in the top to protectionist countries in the list *you provided.* We have a heavy investment in our own companies, a lot of my tax dollars go to that in fact. Canada is one of the most protectionist countries on the planet. Against my wishes, by the way, but it is the way it is.  &gt;Btw love your fake data and facts. I guess that's how you get cucked so hard to begin with  Cucked? By what? My own facts? What? You sound retarded right now.  &gt;LOL. Chart says tarrif of 10 big countries. Not 10 highest Tarrif. LOLOLOL.  Okay so provide a graph that shows the 10 highest tariffs.  You know what this weird edit of yours tells me?   **YOU DID NOT EVEN LOOK AT YOUR OWN LINK WHEN YOU SENT IT.**   You are just reading it now. So which one is it? Either the graph proves me right or it proves nothing at all. Either way, you fucked up. This is really, really funny.  &gt;Best to stay in your safe space and keep getting cucked.  Ugh, you don't see how embarrassing you sound, do you? Why would someone be cucked in a safe space? Are you saying *this* is a safe space? This sub is very clearly anti-Trump. You don't know what these words or phrases mean.  &gt;I wasn't being homophobic. I called you for what you are. That's your choice. No shame. Keep doing what you do and be Putins holster  Why do you think about cocksucking so much?\""}
{"_id": "431055", "title": "", "text": "Think about it this way.  Chances are those jobs were leaving America soon anyway.  Would you prefer Mexico to get them, where we could still sell services and raw materials.  Or China, who use less of our services or raw materials"}
{"_id": "431070", "title": "", "text": "I mean, if we're using anecdotes I own a house in Seattle that I bought when I was 25. And my wife and I just bought another house to live in in the greater Seattle area. Can't and don't aren't necessarily the same thing. It's just about how people prioritize."}
{"_id": "431075", "title": "", "text": "\"&gt;\"\"There's a market here that we've been missing our entire lives,\"\" said Donald Trump, Jr. during the announcement event.   A fool and their money are soon departed. They've realized there are lots of suckers they haven't screwed over yet. They're entering a market that's pretty well covered but they're banking on the blind support from 45's base.  I can only wonder though, if it will be a successful venture this time.\""}
{"_id": "431091", "title": "", "text": "As long as the fine print permits this, it's a quick 2%. Be careful that your credit score may drop momentarily if you use the credit and for that cycle have high utilization."}
{"_id": "431095", "title": "", "text": "I knowingly installed company certs because we are a web development company and it is cheaper to sign our own certs. But, this isn't a MITM issue, since they have software installed on my machine. They don't need to be in the middle, they are already at an end point."}
{"_id": "431096", "title": "", "text": "Well I see a lot of pushback against the many people in here that are suggesting failing a drug test due to weed means that the person is addicted and basically a junkie who's goal in life is to get wasted.  If that really is the business owner mindset then I really have no sympathy for them.  If you're argument is solely based on insurance that is one thing but I have no interest in supporting some kind of bullshit moralizing based off of anti drug propaganda."}
{"_id": "431101", "title": "", "text": "\"If the account is really only in your father's name and not even \"\"in trust\"\" for you, then you can't touch it, I'm afraid. And taking your family to small-claims court is something of a nuclear option. Hiitting sympathetic family members for a loan may be the best course here;. Anything you do to try to force cooperation is likely to be a \"\"nuclear option\"\" as far as getting back on peaceable terms with your family goes.  If you must resort to that, i'd suggest asking whether the local department of youth services, or s religious figure or someone else your father respects, could persuade him to cooperate. He might be more willing to listen to someone else.\""}
{"_id": "431109", "title": "", "text": "Yes thats true but I think the point is you have to look at it in context - reduced spending will hurt the economy but you also can't just spend endlessly on credit cards and bank loans either. The point here is it seems like the whole system has hit a wall in terms of further increasing debt levels. I think that while their analysis is overly simplistic, there is a point here in that we do need to cut the debt down."}
{"_id": "431110", "title": "", "text": "What are the most important facts to keep in mind as I consider this? IMHO, the most important consideration to keep in mind is - do you really want to be in the landlord business, and if so, how much experience do you have in this business?"}
{"_id": "431136", "title": "", "text": "But how do I bring the initial deposit into the equation? Basically, you can't.  Unless you combine two different formulas from Math of Finance into a single expression. The single initial deposit of $1000 will compound for 20 years at 5% compounded annually. The final amount for this part of the deposit will be: V1 = 1000 x (1.05)^20 In addition the series of 20 payments will be an ordinary annuity with a regular payment of $100, with the value on the occasion of the 20th payment given by:  So the final total amount in the account at the end of 20 years will be the sum of these two values..."}
{"_id": "431174", "title": "", "text": "the cash is not penalty free. if you take up loans from the policy to pay for retirement growth essentially stops and the interest will eat away policy value over time. so instead of gaining 7-8 % per year and taking withdrawals, you would be taking loans and losing whatever the interest rate is.  Dividends are just the profits made from the company which is why its tax free. its considered a return of premium. you are just overpaying for the policy by its dividend rate.   whole life is a great vehicle for some situations, but it always comes after a 401k or other retirement savings. whole life doesnt even begin to make sense imo until you are making a few hundred thousand a year and need it for a business buy sell agreement or legacy money to leave children/grandchildren.  it doesnt scale well to lower incomes."}
{"_id": "431182", "title": "", "text": "It destroyed Sweden's position as a major player in the global securities market.  When the tax was rescinded in 1991, some of the trade returned over time but things were never the same.  It was also a net revenue loser without even considering the long term market damage."}
{"_id": "431196", "title": "", "text": "**Service-level agreement**  A service-level agreement (SLA) is defined as an official commitment that prevails between a service provider and a client . Particular aspects of the service \u2013 quality, availability, responsibilities \u2013 are agreed between the service provider and the service user. The most common component of SLA is that the services should be provided to the customer as agreed upon in the contract. As an example, Internet service providers and telcos will commonly include service level agreements within the terms of their contracts with customers to define the level(s) of service being sold in plain language terms.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "431202", "title": "", "text": "This is exactly what needs to happen for the benefit of the country. Don't make this a republican vs democrat thing. The mortgage interest deduction causes artificially high home prices and discourages building small affordable homes. Home purchase prices falling means builders might start building smaller, cheaper homes again. If it causes a housing crisis, it will be for those who bought 3000 sq ft Mcmansions on what used to be farmland.   Removing the state and local tax deduction means there might finally be incentive for cities to consolidate local townships and increase overall efficiency again. The ultra-wealthy townships that keep poor people out through high taxes will decrease and join other larger local governments. This would be a huge plus as far as tax reform goes."}
{"_id": "431203", "title": "", "text": "James, money saved over the long term will typically beat inflation. There are many articles that discuss the advantage of starting young, and offer: A 21 year old who puts away $1000/yr for 10 years and stops depositing will be ahead of the 31 yr old who starts the $1000/yr deposit and continues through retirement.  If any of us can get a message to our younger selves (time travel, anyone?) we would deliver two messages: Start out by living beneath your means, never take on credit card debt, and save at least 10%/yr as soon as you start working. I'd add, put half your raises to savings until your rate is 15%.  I can't comment on the pension companies. Here in the US, our accounts are somewhat guaranteed, not for value, but against theft. We invest in stocks and bonds, our funds are not mingled with the assets of the investment plan company."}
{"_id": "431211", "title": "", "text": "As far as taxes go: If you contribute to the HSA account through your employer pre-tax, that amount is not subject to the Social Security (6.2%) and the Medicare (1.45%) tax. If you contribute that amount post-tax, you can deduct it from your income tax at the end of the year, but the Social Security and Medicare taxes have already been paid and there's no mechanism to claim deductions on those."}
{"_id": "431212", "title": "", "text": "If you have a debt that has very low interest now, but you are aware that it's not going to stay that way (0% introductory APR on a credit card, for example), it can make sense to pay that off before the higher rate kicks in."}
{"_id": "431230", "title": "", "text": "You don't need a Visa to create or own US property. Your registered agent will be able to take care of most of this, and your new entity will use the registered agent's address where applicable, but you may need your own separate address which can be your office in the UK. If you want privacy then you'll want a separate address, which can also be a PO Box or an address the registered agent also provides. US corporations, especially in Delaware, have a lot more compliance issues than the LLC product. Delaware has a lot more costs for formation and annual reports than most other united states. There are definitely a lot of states to choose from, but more people will have information for Delaware."}
{"_id": "431268", "title": "", "text": "Have you changed how you handle fund distributions?  While it is typical to re-invest the distributions to buy additional shares, this may not make sense if you want to get a little cash to use for the home purchase.  While you may already handle this, it isn't mentioned in the question. While it likely won't make a big difference, it could be a useful factor to consider, potentially if you ponder how risky is it having your down payment fluctuate in value from day to day.  I'd just think it is more convenient to take the distributions in cash and that way have fewer transactions to report in the following year.  Unless you have a working crystal ball, there is no way to definitively predict if the market will be up or down in exactly 2 years from now.  Thus, I suggest taking the distributions in cash and investing in something much lower risk like a money market mutual fund."}
{"_id": "431282", "title": "", "text": "If for any tax year, you were eligible to make deductible contributions to a Traditional IRA, and did make the contributions in timely fashion, then there is no need to file Form 8606 for that year. Form 8606 (which tracks your basis in the IRA) is needed if Form 8606 is also needed if"}
{"_id": "431294", "title": "", "text": "\"I have no problem with such agreements, but if that is the case, then there should be direct financial compensation for locking you out of your profession.  They don't want you to work for anyone else for 18 months - then pay you for that period and put you on \"\"gardening leave\"\".\""}
{"_id": "431296", "title": "", "text": "Approximately Yes. However as you are paying more, the interest accrused would be less."}
{"_id": "431300", "title": "", "text": "Economies of scale made it cheaper for Tesla to do it this way so they didn't have to pay for re-tooling to have a separate line making S60 batteries. And they figured a sizable fraction of the people would pay for the upgrade at some point anyways. They no longer offer the S60. S75 is the smallest Model S battery you can buy. So the range extension only affected a portion of the Tesla population but still a badass move on Teslas part, atta boy Elon"}
{"_id": "431311", "title": "", "text": "Hey, OP! I've seen you post in a few NYU threads. Do you, by any chance, go to Stern?  As for the internship problem, I say you should wait, at least for the experience itself. Just my two cents :)"}
{"_id": "431317", "title": "", "text": "\"No, there aren't only 2 choices as I have a good job. In this case though, there are two options, either continue to have the \"\"bad jobs\"\" that this rich guys company is providing or he shuts down the company and there are no jobs at all.  It's not a loaded question. I'd rather have a bad employer than no employer at all.\""}
{"_id": "431349", "title": "", "text": "\"If you're making $80k, and you're consulting for an extra $400/wk or $20,800/yr, you're earning a total of $100,800.  That's assuming you do it for a full calendar year of course.  Either way, assuming you can deduct/exclude at least $11k of income (as almost everyone can), you're paying 25% on your marginal dollars.  (This also assumes you're single; if you're married/filing jointly, this may not be true.)  Note, you're right at the edge of the 25% bracket if you earn this in a full calendar year - but if you have a 401k, health insurance, or other reductions you'll be fine.  Additionally, for this year you'll be under (again assuming single and no other income) because you aren't earning a full year's worth. Assuming your $80k is precisely taken care of by your regular withholding, then, you will literally pay 25%*$400/week in additional taxes - $100 per week.  So if you are paid biweekly, you need to add $200/week in withholding on your W-4.  If you expect to overpay taxes (if you own a house with a mortgage for example, you often do), you can reduce it some, but adding $200/biweekly paycheck should bring you right to where you were before the extra income. The general rule is to calculate your marginal (not effective) tax rate before the new income, assuming default withholding takes care of that, and then withhold the marginal rate for the new income [checking that the new income doesn't push the marginal rate up - if so, calculate in two parts, the part in the lower marginal rate and the part in the higher marginal rate]. You can google \"\"2014 tax brackets\"\", or look at the IRS tax tables for detailed information about marginal rates.\""}
{"_id": "431351", "title": "", "text": "I just checked TCF's rates, and they only pay a miserly rate of 0.25%. Banks like Capital One or Sallie Mae pay about 1.15%, which is more than 4x, though still nothing great. Do you expect to use these funds in 5 years (e.g. for down payment on a house), or could you contribute them to an IRA?"}
{"_id": "431359", "title": "", "text": "my question was pretty clear I thought.  I news headlines currenty stating that to save the spanish banks right now it'll take several tens of billion euros, so just what fraction of the big problem are these private banks' bailouts?"}
{"_id": "431361", "title": "", "text": "Paravex Male Enhancement are some men that don\u2019t seek help at all, succumbing to the sexless life they think they must lead out of embarrassment. You don\u2019t need to be embarrassed by the natural effect of your hormone loss. Instead, you can gather your confidence as you use Paravex Male Enhancement Reviews to give you harder erections and to give your partner the time of her life when the lights go out.  See More Info - http://healthsuppfacts.com/paravex-male-enhancement-reviews/"}
{"_id": "431365", "title": "", "text": "Honest question, is a $10-$15 monthly fee for a checking account normal?  I've been a customer of a Big 4 bank (Chase) forever, never needed to pay them any fees for anything. I never overdraft either, but it's not like I'm high networth or anything either."}
{"_id": "431370", "title": "", "text": "From a moral perspective, this would be so great. From a marketing perspective, all it would take is to 'leak' more videos that show how industrial meat production actually looks like to turn a large number of consumers to something that's ethically better (and probably can also be argued to be healthier).   Excited to see this, less from an investment perspective, but because this could really change how humans interact with animals in a significant way."}
{"_id": "431383", "title": "", "text": "That question makes assumptions that don't hold in general As to why to deal with futures:  Well, there's just one contract per maturity date, not a whole chain of contracts (options come at different strike prices).  That in turn means that all the liquidity is in that one contract and not scattered across the chain. Then, moreover, it depends what underlying contracts you're talking about.  Often, especially when dealing with commodities, there is no option chain on the spot product but only options on the futures contracts. In summary, the question is somewhat bogus.  Options and futures evolved historically and independently, and were not meant to be substitutable by one another.  So their rights and obligations are just a historical by-product and not their defining feature.  I suggest you refine it to a specific asset class."}
{"_id": "431386", "title": "", "text": "\"TL;DR: If your currently held bond's bid yield is smaller than another bonds' ask yield. You can swap your bond for bigger returns. Let's imagine you buy a long bond for $12000 (face value of $10000) and it has 6% coupon. The cash flows will have an internal return rate of 4.37%, this is the published \"\"ask yield\"\" in 2014 of the bond. After six years, prices have fallen, inflation and yields went up. So you can sell it for only $10000. If you would do it, the IRR will be only 2.55%, so there will be less return, than if you keep it.  But if you would \"\"undo\"\" the transaction, then the future cash flows would yield 6.38%. This is the \"\"bid yield\"\" in 2020 of the bond. If you can find an offer that yields more than 6.38%, you have better returns if you sell your bond and invest that $10000 in the other bond.  But as other answers pointed it out, you rarely have this opportunity as the market is very effective. (Assuming everything else is equal.)\""}
{"_id": "431389", "title": "", "text": "Question One: Question Two: Your best reference for this would be a brokerage account with data privileges in the markets you wish to trade. Failing that, I would reference the Chicago Mercantile Exchange Group (CME Group) website. Question Three: Considering future tuition costs and being Canadian, you are eligible to open a Registered Education Savings Plan (RESP). While contributions to this plan are not tax deductible, any taxes on income earned through investments within the fund are deferred until the beneficiary withdraws the funds. Since the beneficiary will likely be in a lower tax bracket at such a time, the sum will likely be taxed at a lower rate, assuming that the beneficiary enrolls in a qualifying post secondary institution. The Canadian government also offers the Canada Education Savings Grant (CESG) in which the federal government will match 20% of the first $2500 of your annual RESP contribution up to a maximum of $500."}
{"_id": "431395", "title": "", "text": "\"First, let's look at the tax brackets for single taxpayers in 2016: The cutoff between the 25% and 28% tax bracket is $91,150.  You said that your gross is $87,780.  This will be reduced by deductions and exemptions (at least $10,350).  Your rental income will increase your income, but it is offset in part by your rental business expenses. For this year, you will almost certainly be in the 25% bracket, whether or not you receive your backpay this year.  Next year, if you receive your backpay then and your salary is $11k higher, I'm guessing you'll be close to the edge. It is important to remember that the tax brackets are marginal.  This means that when you move up to the next tax bracket, it is only the amount of income that puts you over the top that is taxed at the higher rate.  (You can see this in the chart above.)  So if, for example, your taxable income ends up being $91,160, you'll be in the 28% tax bracket, but only $10 of your income will be taxed at 28%.  The rest will be taxed at 25% or lower.  As a result, this probably isn't worth worrying about too much. A bit more explanation, requested by the OP: Here is how to understand the numbers in the tax bracket chart.  Let's take a look at the second line, $9,276-$37,650.  The tax rate is explained as \"\"$927.50 plus 15% of the amount over $9,275.\"\"  The first $9,275 of your taxable income is taxed at a 10% rate.  So if your total taxable income falls between $9,276 and $37,650, the first $9,275 is taxed at 10% (a tax of $927.50) and the amount over $9,275 is taxed at 15%.  On each line of the chart, the amount of tax from all the previous brackets is carried down, so you don't have to calculate it. When I said that you have at least $10,350 in deductions and exemptions, I got that number from the standard deduction and the personal exemption amount.  For 2016, the standard deduction for single taxpayers is $6,300.  (If you itemize your deductions, you might be able to deduct more.)  Personal exemptions for 2016 are at $4,050 per person.  That means you get to reduce your taxable income by $4,050 for each person in your household.  Since you are single with no dependents, your standard deduction plus the personal exemption for yourself will result in a reduction of at least $10,350 on your taxable income.\""}
{"_id": "431406", "title": "", "text": "If you don't like it create your own exchange with those rules :) Seriously though, It's not the government's job to set a tax, it's the exchange's. If there was a large enough market for such an exchange it would already exist."}
{"_id": "431435", "title": "", "text": "Start with the cards you already have. If you don't have enough room on the best card, then ask for a credit increase.  You have to keep in mind that some of the programs have a maximum amount you can charge to get the bonus cash back amount.  Others have a graduated plan where the first few thousand dollars are at a lower cash back rate. If you do decide to get a new card, make sure you get a large enough credit limit or the work to get a new card was for naught.  I would start with bankrate.com to research cards."}
{"_id": "431438", "title": "", "text": "My doubt is whether Govt./Reserve Bank of India gives any explicit incentives to banks to offer cheaper home loans ? Currently NO. In the past Loan against GOLD was considered priority sector lending [Loans to poor and agriculture etc]. Every Bank need to lead around 25% to priority sector. Hence quite a few Banks gave loans relatively cheaper to todays rate rather than giving it as Farm loan that almost never get recovered. It is no longer the case now as Loan against GOLD is not considered priority lending. If it were just demand/supply, I feel that gold loans should have been cheaper  It is demand and supply. There are quite a few reasons for this;"}
{"_id": "431440", "title": "", "text": "If China and Russia want to be sovereign countries, they must pray that the imbecile Mnuchin does cut them off from the dollar system that exploits them. Then Russia and China will have to put in place their own system and learn real economics instead of propaganda posing as economics that serves Washington\u2019s interest."}
{"_id": "431443", "title": "", "text": "\"If the investments are in a non-retirement, taxable account, there's not much you can do to avoid short-term capital gains if you sell now. Ways to limit short-term capital gains taxes: Donate -- you can donate some of the stock to charity (before selling it). Transfer -- you can give some of the stock to, say, a family member in a lower tax bracket. But there are tons of rules, gift limits, and won't work for little kids or full time students. They would still pay taxes at their own rate. Protect your gains by buying puts. Wait it out until the long-term capital gains rate kicks in. This allows you to lock in your gains now (but you won't benefit from potential future appreciation.) Buying puts also costs $, so do the ROI calculation. (You could also sell a call and buy a put at the same time and lock in your gains for certain, but the IRS often looks at that as locking in the short-term capital gain, so be careful and talk to a tax professional if you are considering that method.) Die. There's a \"\"step-up\"\" basis on capital gains for estates. source: http://www.forbes.com/2010/07/30/avoid-capital-gains-tax-anschutz-personal-finance-baldwin-tax-strategy.html\""}
{"_id": "431450", "title": "", "text": "&gt; However... effective problem solving and finding the truth is about placing powerful people in their respective positions while considering their qualified opinions.  Which isn't happening, which is why they are leaving.  That and the fact apparently had such a hard time saying racists are bad, and that an event organized by a racist."}
{"_id": "431457", "title": "", "text": "First, Microsoft doesn't make most of their money from Windows.  Second, Satya has bring Linux all through Microsoft. You can run Linux docker containers on Azure. In fact I would bet money that Linux is the dominant platform deployed on Azure, not Windows.  Another thing Satya did is decouple from Windows and Windows Phone. He brought the Office line to iOS and Android and has made a fortune doing it."}
{"_id": "431458", "title": "", "text": "\"A huge problem in the world are naturally born \"\"leaders\"\", or people who learned the tricks of being \"\"leaders\"\", but should NEVER EVER be leaders to anyone or any company. Bad leadership is rampant everywhere with horrendous and catastrophic results. Am I right?  On the other hand fewer people of great wisdom, great intentions, great ideas, great plans are prevented from being leaders. They are the ones who should be leaders.  Why is that? Because of centuries of fake \"\"leaders\"\" training people that charisma and good presentation skills are a must for a leader.  A good example is Steve Jobs. Despite all the \"\"admiration\"\" people have for Steve Jobs, he had terrible ideas, was terrible with other people and even his own family, egoist with major failures (Lisa, Next, Newton, original Macintosh) and he caused Apple to fail twice and even lost his control over Apple.  The bottom line: Steve Jobs took advantage of Steve Wozniak and the work of many other true innovating and capable people. I have no doubts in mind that if Steve Wozniak and the true people behind the iPhone were put in charge, they would have been better leaders than him.\""}
{"_id": "431459", "title": "", "text": "I don't know of any free API's for these data, but I'll provide what information I can. Compiling all of this information from the EDGAR system and exposing an interface to it requires a fair amount of work and maintenance, so it's usually market data companies that have the motivation and resources to provide such interfaces. I know of a few options that may or may not be close to what you're looking for. The SEC provides FTP access to the EDGAR system. You could download and parse the text files they provide. Yahoo Finance provides summary files of financial statements (e.g., GOOG) as well as links to the full statements in the EDGAR system. Once again, parsing may be your only option for these data. Xignite, a proprietary market data provider, provides a financial statement API. If you need these data for a commercial application, you could contact them and work something out. (Frankly, if you need these data for a commercial application, you're probably better off paying for the data) The Center for Research into Security Prices provides data from financial statements. I believe it's also exposed through several of their API's. As with most financial data, CRSP is sort of a gold standard, although I haven't personally used their API to fetch data from financial statements, so I can't speak for it specifically. This answer on StackOverflow mentions the quantmod R package and mergent. I can't vouch for either of those options personally. Unfortunately, you'll probably have to do some parsing unless you can find a paid data provider that's already compiled this information in a machine-readable format."}
{"_id": "431462", "title": "", "text": "If it's always the same person: Open a second account, with them as the account holder. Get them a debit card for that account. To move money, do an inter-account transfer from yours to theirs. Fast, low to no fee, simple. (For a while I had a second credit card on my account for this purpose -- the other person was a trustworthy family member -- but a debit card on its own account is cleaner and much less risky.)"}
{"_id": "431481", "title": "", "text": "There's probably no simple answer, but it's fair to say there are bad times to buy, and better times.  If you look at a house and see the rent is more than the mortgage payment, it may be time to consider buying.  Right now, the market is depressed, if you buy and plan to stay put, not caring if it drops from here because you plan to be there for the long term, you may find a great deal to be had. Over the long term, housing matches inflation.  Sounds crazy, but. Even into the bubble, if you looked at housing in terms of mortgage payment at the prevailing 30yr fixed rate and converted the payment to hours needed to work to make the payment, the 2005 bubble never was. Not at the median, anyway. At today's <5% rate, the mortgage will cost you 3.75% after taxes. And assuming a 3% long term inflation rate, less than 1%. You have expenses, to be sure, property tax, maintenance, etc, but if you fix the mortgage, inflation will eat away at it, and ultimately it's over. At retirement, I'll take a paid for house over rising rents any day."}
{"_id": "431489", "title": "", "text": "\"Her \"\"experience\"\" over the past 10-15 years ago is not relevant and the fact is that it ended with the worst and biggest security breach in the history of the world.  Do you want me to give you quotes of what Susan said \"\"from her experience\"\" in professional discussions about security? To see how clueless she was.  Let's be brutally honest: what are the chances do you think that Susan got her job because she was an expert and the best choice for the job? I, with at least 98% certainty, am sure that she got her job because she knows someone, or someone at Equifax knows her.  Anyway, enjoy the great experience, talent and knowledge that Susan has in this discussion:  [http://archive.is/6M8mg](http://archive.is/6M8mg)  &gt; Susan: \u201cThere are a lot of things to consider with that. One school of thought says that **when you put corporate assets into the cloud, they are more secure because you know exactly what you have there. You have an exact inventory, you know exactly who has access to that data, and how it is controlled.**\"\"  This is so dumb and so incorrect and untrue.\""}
{"_id": "431494", "title": "", "text": "First, I'd use an online tax calculator to figure out you total tax tab for the year. Then look through Circular E and figure out from there how much tax you should pay for the rest of the year and work backwards to calculate the number of allowances to get there.  Two friendly warnings - Since you are doing this midyear, you'll need to repeat this exercise as we go into 2017. These next 6 months, you'll be withholding less than normal to make up for the high holdings so far. Second, a withholding is like saying tax/don't tax me on $4050. So in the 25% bracket, it's +/- $1000 in tax paid. You can adjust closer via the line 6 on W4 'additional withholding'."}
{"_id": "431499", "title": "", "text": "Toronto is a lot bigger then you think. It doesn't just include downtown Toronto and what not. Don't forget they already have a distribution centre in Missisuaga so the area isn't anything new to them. Amazon also apparently wants to have it in Canada."}
{"_id": "431502", "title": "", "text": "\"All ticket vendors do this, not just Ticket Master.  I purchased $20 of University of NC (UNC) Mens soccer tickets on their website last week, and was charged: $1 per ticket \"\"service fee\"\", $3 per ticket \"\"booking fee\"\", and then $1.50 per ticket to send via PDF e-mail!  The total came out to around $11 in fees for $20 in tickets, making the total $30+ dollars when I should have just bought them up front at the counter before the game since it wasn't sold out.\""}
{"_id": "431504", "title": "", "text": "When you enter your expected gross income into the worksheet - just enter $360000 and leave everything else as is. That should give you the right numbers. Same for State (form DE-4)."}
{"_id": "431507", "title": "", "text": "They're batched typically and about 30-90 days out typically, though the speed is routinely increasing the last few years. The flow depends from payment processor to payment processor. Generally, the cheaper the payment processing the longer the delay.  The future of this stuff is blockchain if you'd like to look at that  http://www.goldmansachs.com/our-thinking/pages/blockchain/"}
{"_id": "431536", "title": "", "text": "Do you need to buy car insurance?  If you do, you are buying to open a put option."}
{"_id": "431557", "title": "", "text": "We can't really get into the research design at this time, because we don't want to bias the results.  I'm happy to follow up after the study with more details, if you like!  Please just send me an email to joshua.becker@asc.upenn.edu and I'll send you something, probably in the Spring."}
{"_id": "431566", "title": "", "text": "I'm not saying they shouldn't try, and perhaps, in the very long run it might be a good idea. In fact, if they were able to fix some of their own problems, it would be a great idea. Here is my understanding of a few points to suggest as of now it's not: - Ukraine is still very corrupt. - Ukraine doesn't really have an economy that can support itself. - Ukraine had traditional ties to Russia, and these ties included economic ties.  To join the EU, a country should be in a position to foremost support itself. Not only will joining mean having huge inflation, but you're substituting one creditor and buyer for another. Problem is, you're right beside Russia, so you should be extra prepared for hard times. Most peopke I've spoken to don't necessarily agree on what's right or wrong, but economically, sticking with Russia and cleaning up the government would be the ideal. Problem is Russia exerts a less than clean influence. This is a problem, and where many people are stuck. Because just switching to EU will probably be harder on average people."}
{"_id": "431568", "title": "", "text": "&gt;Because business is GREAT, right? The consumer and retail sectors ARENT suffering in the toilet? The whole economy is flourishing!  Hate to break it to you but it's the republican policies of deregulation and tax cuts we can't afford that got us this shit sandwich.    &gt;Considering most wage earners live paycheck to paycheck and have very little in the way of savings it doesn't suprise me they don't appreciate companies who MUST do this to survive or risk running out of capital and going bankrupt.  Really?  Seems to me like a person living paycheck to paycheck would actually have a very good idea of what it's like to live on the edge of bankruptcy"}
{"_id": "431583", "title": "", "text": "&gt; Why not take out some loans? If you can get into a good school and get a good job, its worth it.  I already have about $20k in student debt, and know I'll be adding more. The big issue is living expenses. I have a son and I know if I moved without him, my husband would use the chance to file for divorce and full custody under abandonment, but I don't see a way of doing school, working, and caring for him properly (he is smart as hell, but has autism and some other issues, so he needs counseling and extra support).   I had a scholarship offer at Duke (in state &amp; some ties to the school from a program they have to recruit middle- and high-school students and send us to summer camps) for undergrad and he started the whole divorce threat and just generally freaking out, so I had to turn it down.  &gt; Psychiatric Nurse Practitioner or possibly a Physician's Assistant. &gt; Both good options. &gt; I wish you luck :)  Thanks.   These seem like the best for what I'm passionate about, and most easy for finishing school without a huge amount of loans. I'm thinking local ADN program to get my RN, then online courses to bridge it over into a BSN, and hopefully find a hospital that will help pay for the NP. Otherwise, if I can continue getting in shape, I'm strongly considering the military as an option to pay for it. They have a program where you commission as an officer, with that salary, and they cover school."}
{"_id": "431595", "title": "", "text": "\"It's just a question of priorities.  In short, yes.  You could do the job  successfully and workout 2 hours a day IF AND ONLY IF working out is your primary (and essentially only) non-work activity, and you therefore prioritize the hell out of it.  You have 168 hours in the week (a figure all junior bankers know all too well).  You do the math on working hours, sleep and working out and see how much is left for EVERYTHING else in your life. Not much.   Perhaps this is obvious by now, but you'd have to be a complete fool to spend any time cooking, cleaning or doing laundry.  You will be making at least $150k w/ bonus -- would you rather spend your vanishingly small amount of non-sleep/work/workout time cleaning, or attempting to maintain some friendships?  Outsource the crap you don't want to do.  That's the only way to make analyst life work, especially if you want to devote material time to staying in shape.  By the way, when people say they \"\"work\"\" 100 hours, it starts to lose some meaning.  Basically at some point you just flip the counting around and calculate how much time you're sleeping / out of the office and assume the rest is work.  That 100 hours definitely includes meals, probably travel time to/from home and probably could include a workout during the day or early evening.\""}
{"_id": "431603", "title": "", "text": "I just can't buy that for a minute. Someone who runs a multi billion dollar business like a castle for a princess is not fit to rule. Google probably saw she was brilliant and gave her the right limitations and freedoms."}
{"_id": "431610", "title": "", "text": "You are still selling one investment and buying another - the fact that they are managed by the same company should be irrelevant.  So yes, it would get the same tax treatment as if they were managed by different companies."}
{"_id": "431622", "title": "", "text": "You have several sources of money: Scholarships not directly from the university. Some organizations have scholarships based on your area of study, your nationality, or your industry. Some require you to show that you need the money, others are based on your grades. The university can help you find these scholarship, or at least point you towards reliable listings. Don't pay somebody/some company to help you find them. Your employer. Some companies will pay for some classes. They may limit the types of the classes, and the amount of money. They may also require you to stay as an employee for a specific number of years in return for the money. If you quit before that time,they can ask you to refund the money. loans. I don't know what loan programs are available for international students."}
{"_id": "431624", "title": "", "text": "You ever go in a Verizon store?  Man, they're seedy, so it doesn't surprise me that they get commissions.  But really, do the salespeople at Staples or Best Buy get commissions?  That's a better comparison.  If someone knows tech they would work for HP or Dell selling to corporate customers, not some mall store."}
{"_id": "431629", "title": "", "text": "&gt; I'm not sure what the point here is.  The point is that the US just abandoned taking responsibility for it's part in climate change to save some jobs that are a small part of the overall economy.  &gt; However, for the individual who has pride in his or her work as e.g a coal miner, and who made a decent living, won't be better off working for Arby's.  True, but the existing Arby's employees will be worse off, as will all the workers in other industries, as will all the inhabitants of Pacific island nations, as will just about everyone else in the world.  But thank god a small group has job satisfaction."}
{"_id": "431637", "title": "", "text": "US Bank just introduced this feature, but they want $.50 per deposit!  No way man. Schwab has an Android App I have used a dozen times.   Very easy and pretty consistent.  It worked on folded checks, pictures on a reflective background (kitchen table top), big company issued checks and of course personal checks. Very positive feeling from this app and the ability to deposit."}
{"_id": "431644", "title": "", "text": "A wing is a tremendously complicated part. Its aerodynamic properties affect the whole system, plus there are structural issues and fuel management systems. Wings also support the engines.  In the 787's case, Boeing outsourced the wing's design. This can make sense: if Boeing specifies the interfaces between the wing and body and engines (physical, electronic, fluids), then all designers should be able to work to these interface specs.  However, in this case, that was too difficult a challenge."}
{"_id": "431652", "title": "", "text": "I agree, Schwab representatives are easy to reach and very helpful. I also like Vanguard for their low mutual fund fees, so I do my retirement stuff with them, but it took forever to get in touch with a representative just to ask a simple question. Now that they are lowering their rates to 8.95 per trade (effective January 19th), the value for your money is even better."}
{"_id": "431673", "title": "", "text": "&gt; But does that mean that we can blame a poor child for being born poor?  No, we should feed the poor/hungry child. But most importantly, we should help families and educate people to become responsible parents. Because that's where the most damage is being done."}
{"_id": "431676", "title": "", "text": "In Canada, it is similarly taxed as CQM states. Mining is considered business income and you need to file a T1 form. Capital appreciation is no different than treating gains from stock."}
{"_id": "431682", "title": "", "text": "One can never be too cautious when when choosing a financial adviser. For example, has the company your adviser claims to represent ever been sanctioned by the local financial authorities? Does your adviser reside in the country in which he purports to operate? Have you thoroughly researched his background?  It is also important to bear in mind what venues a company uses for advertising - if the company resorts to advertising by spamming, then their overall business practices are likely unethical and this could lead to trouble down the line.  Finally, one should also research how the company's clientele has been built up. Was it through word of mouth or was the client data acquired by other means?"}
{"_id": "431685", "title": "", "text": "You don't need to notify the IRS of new members, the IRS doesn't care (at this stage). What you do need, if you have a EIN for a single-member LLC, is to request a new EIN since your LLC is now a partnership (a different entity, from IRS perspective). From now on, you'll need to file form 1065 with the IRS in case of business related income, on which you will declare the membership distribution interests on Schedules K-1 for each member."}
{"_id": "431698", "title": "", "text": "\"The consumers in the digital age are fully aware about what's happening globally. Marketing to this - digital generation of awakened consumers is not easy and will surely change the manner in which we interact, entertain, buy, advertise, sell and work\"\" says Shakir Ali the founder of E-merchant who is set to rewrite history of digital marketing in India.\""}
{"_id": "431735", "title": "", "text": "I think you are mixing two different concepts here. The average investor, in the quoted reference, means an average single investor like you or like me. the average investor consistently under-performs the market. However, you then ask the question and you seem to refer to all investors as a group; individuals, institutions, investment banks, et al. since together, investors own 100% of the stock in every company? Every investor could match the performance of the market easily and at low fees by simply buying an S&P index fund and holding it. In fact, some investors can even beat the market with the addition of some stocks. Here is the ten-year chart of Berkshire-Hathaway B compared to the S&P 500.   There are other examples. However, few of us have the discipline to do so. We read questions here every week about the coming turbulence in the market, about the next big trend, about the next bubble, etc. The average investor thinks he is smarter than the market and buys on a whim or sells likewise and misses out on the long, slow overall growth in the markets. Finally, the title of your question is \u201cDalbar: How can the average investor lose money?\u201d I doubt that the average investor loses money in the past several years. Not making as much money as is easily possible is not at all the same as losing money."}
{"_id": "431747", "title": "", "text": "Can they?  Sure.    Should they?  Absolutely not.    You're exactly right that it's dishonest, but it's not like it's a crime.  Your best recourse, as is often the case, is simply to stop buying from this site, and cancel any existing orders.  Shop with companies that exhibit trustworthy behavior."}
{"_id": "431751", "title": "", "text": "We are sure that you want to know how much you will earn daily. Mostly it depends on your citizenship. US, UK and Canada members can earn about 50-60$ daily just for participating in surveys and offers. Representatives of other countries up to 5-7$, if they want to increase income it highly recommended to them mostly pay attention to passive income opportunities - our referral program. I like Cashle a lot better because you can get paid right away and the offers usually approve within the first day you complete them. Minimum for pay out is 1$ (!)."}
{"_id": "431754", "title": "", "text": "Charging very high prices for additional standard services: See Commission & Fees: https://brokerage-static.s3.amazonaws.com/assets/robinhood/legal/RHF%20Retail%20Commisions%20and%20Fees%20Schedule.pdf Link is down in the footer, to the left..."}
{"_id": "431760", "title": "", "text": "Oxy burn is one the most Oxy-Burn is one of the most famous Oxy Burn burners in the marketplace these days. Like many others thermogenic dietary supplements, this food plan tablet claims to help you shed pounds in various approaches. If you have too many kilos to lose, then you may either use fat burners or urge for food suppressants to stop gaining weight. And the majority tend to choose thermogenic supplements believing that it'll assist them lose weight swiftly. You should buy all 100% genuine dietary supplements from our online keep."}
{"_id": "431765", "title": "", "text": "I\u2019ve never been a big ToysRUs shopper.  This store always felt like an Office Depot for kids to me.  Seems like ToysRUs stores would be WAY more kid active in its stores (toy demos, character mascots, free give-a-ways, etc.)"}
{"_id": "431773", "title": "", "text": "Find the best match for marriage! The Marriage is from one of the best marriage dating sites in Asia give internet dating services to search and meet your Soulmate and best match. Visit our website to build a true relationship! Sign up and create your profile today!"}
{"_id": "431775", "title": "", "text": "In addition to the other excellent answers here, check out Mr. Money Mustache's site, it's based in the US but the basics still hold here in the UK. Another great site is the Monevator which is UK based and gives some great information on passive investing. Well done on getting to this point at your age - you've got plenty of time for the miracle of compound interest to work for you. EDIT: Once you have any existing debts paid off, take a look at passive/index investing. This could be a good way to make your \u00a3150 work for you by capturing the gains of the stock market. Invest it long-term (buy and hold) to make the most of the compound interested effect and over time that money will become something substantial - especially if you can increase payments over time as your income increases. You could also look at reducing your outgoings as recommended on the Mustache site linked above so you can increase your monthly investment amount."}
{"_id": "431782", "title": "", "text": "\"These cars are generally considered out of date and are less prone to be victims of car theft while being reasonably safe. Make sure you pick a model with a good reliability reputation, see what comes up at your local junk yard (the common old models have survived long enough to not end up there until now). Servicing your car takes some effort and some initial investments, but learning how to fix simple problems by yourself will save you a lot of money in the long run. Start by learning how to locate some simple faults. Diagnosing issues is a very costly process if done professionally, but some you may be able to find by yourself. All cars sold in USA from 1996 are required to have this connection below the steering rack. As a consequence most cars manufactured 1995 will have this connector world wide. If you connect your OBD2 adapter to this port your car will be able to tell you what's wrong through an app on your phone and you will be able to clear fault codes by yourself to make sure the problem really is solved. This is what you mechanic should use when servicing your car. While a new print can be expensive you can find used manuals getting thrown out of service centers or at yard sales. These will include service notes and sometimes had-written notes to help you out. The majority of parts on scrapped cars are still in working condition and may not ever see significant wear and tear. If you put some time into removing the part yourself you will have a good idea of how difficult it is to replace the part on your car and outsource the work to a professional if needed. This of course assumes you bring good parts. The main income should come from the work performed on your car, not the markup of spare parts. Generally speaking specialized mechanics working with one or few brands of cars are preferable as these will not only be familiar with your car but are also more likely to get original spare parts (not \"\"pirate\"\" parts made to be compatible at a cheaper price). This will make sure the part works as intended and not cause wear and tear of other parts. For example you'd much rather replace a broken fuse instead of cleaning up the aftermath of fried electronics. Turn off the AC when it's not needed. There should be a button labeled \"\"ECON\"\" or similar which will disable the AC compressor while keeping the rest of the systems running. The compressor is usually driven by a belt from the crankshaft and will eat up some of the power your engine produces. Just remember that while it saves gas, uncomfortable driving conditions may shorten your patience and reduces your attention. Accelerate up to speed quickly. Contrary to popular belief, this saves more gas than accelerating slowly because the time your engine is under increased load is shorter combined with higher efficiency at medium engine speeds. Allow your speed to decline on uphills, you will regain that speed once the road levels out. Unless you're in heavy traffic driving a bit slower shouldn't harm the flow. Don't let go of the gas pedal, just avoid compensating as much. Your target should be to not lose more than 20% of your speed over the entire ascent and have a constant deceleration or you will start interfering with traffic. Make sure your car is healthy. As obvious as it may sound, worn out parts may harm your mileage. Increased friction in bearings due to broken protective covers or reduced pressure from a broken exhaust are just examples if things that will ruin the efficiency of you driveline. By themselves they may not do much but they add up into both gas consumption and reliability issues. Really do read your owners manual. Nobody knows your car better than the people who built it. What's best for my car may not be best for your car and the best way to make sure your car is working as intended is to take an afternoon with your manual and a cup of your favorite beverage. Afterwards you will know how all the features of your car works. \"\"Take care of your car and it takes care of you\"\" is the principle I'm working with. A car you're happy with will make you more calm behind the wheel and leads to higher quality of your driving decisions. Both you and your fellow commuters will benefit from this, even if they may never take the time to thank you.\""}
{"_id": "431799", "title": "", "text": "\"Safe short term and \"\"pay almost nothing\"\" go hand in hand.  Anything that is safe for the short term will not pay much in interest/appreciation. If you don't know what to do, putting it in a savings account is the safest thing.  The purpose of that isn't to earn money, it's just to store the money while you figure out where to move it to earn money.\""}
{"_id": "431811", "title": "", "text": "The mathematically correct answer is to invest, because you'll get a higher rate of return. I think that answer is bunk -- owning your home free and clear is a huge burden lifted off of your shoulders. You're at an age where you may find a new job, business, personal or other opportunities will be easier to take advantage of without that burden."}
{"_id": "431814", "title": "", "text": "If the company reported a loss at the previous quarter when the stock what at say $20/share, and now just before the company's next quarterly report, the stock trades around $10/share. There is a misunderstanding here, the company doesn't sell stock, they sell products (or services). Stock/share traded at equity market. Here is the illustration/chronology to give you better insight:   Now addressing the question What if the stock's price change? Let say, Its drop from $10 to $1 Is it affect XYZ revenue ? No why? because XYZ selling ads not their stocks the formula for revenue revenue = products (in this case: ads) * quantity the equation doesn't involve capital (stock's purchasing)"}
{"_id": "431826", "title": "", "text": "Except the survey didn't have that result and your new title is just as incorrect. Not everyone got a pay raise. That doesn't even begin to pass the smell test.  http://www.guardian.co.uk/business/2011/dec/14/executive-pay-increase-america-ceos  &gt;  The Russell 3000 measure of US stock prices was up by 16.93% in 2010, but CEO pay went up by 27.19% overall. For S&amp;P 500 CEOs, the largest companies in the sample, total realised compensation \u2013 including perks and pensions and stock awards \u2013 increased by a median of 36.47%. Total pay at midcap companies, which are slightly smaller than the top firms, rose 40.2%.  The average increase was between 27-40% depending on who you count, but that doesn't mean there were across the board increases."}
{"_id": "431840", "title": "", "text": "I would go with option B. That is safer, as it would leave you with more options, in case of an unexpected job loss or an emergency."}
{"_id": "431848", "title": "", "text": "I can't speak about the UK, but here in the US, 1% is on the cheap side for professional management.  For example Fidelity will watch your portfolio for that very amount.  I doubt you could claim that they took advantage of her for charging that kind of fee. Given that this is grandma's money, no consultation with the family is necessary. Perhaps she did have dementia at the time of investment, but she was not diagnosed at the time.  If a short time has past between the investment and the diagnosis, I would contact the investment company with the facts.  I would ask (very nicely) that they refund the fee, however, I doubt they under obligation to do so. While I do encourage you to seek legal council, there does not seem to be much of substance to your claim.  The fees are very ordinary or even cheap, and no diagnosis precluded decision making at the time of investment."}
{"_id": "431850", "title": "", "text": "\"&gt; It's meant to up to the employer to provide training for incompetence. Incompetence is the lack of knowledge, not the lack of will.  Nope. what you are describing is \"\"ignorance\"\".  Incompetence is a failure to perform acceptable work (appropriate quality/quantity) -- *despite* having been properly trained and equipped.\""}
{"_id": "431870", "title": "", "text": "A bullish (or 'long') call spread is actually two separate option trades.  The A/B notation is, respectively, the strike price of each trade. The first 'leg' of the strategy, corresponding to B, is the sale of a call option at a strike price of B (in this case $165).  The proceeds from this sale, after transaction costs, are generally used to offset the cost of the second 'leg'. The second 'leg' of the strategy, corresponding to A, is the purchase of a call option at a strike price of A (in this case $145). Now, the important part: the payoff.  You can visualize it as so. This is where it gets a teeny bit math-y.  Below, P is the profit of the strategy, K1 is the strike price of the long call, K2 is the strike price of the short call, T1 is the premium paid for the long call option at the time of purchase, T2 is the premium received for the short call at the time of sale, and S is the current price of the stock.  For simplicity's sake, we will assume that your position quantity is a single option contract and transaction costs are zero (which they are not). P = (T2 - max(0, S - K2)) + (max(0, S - K1) - T1) Concretely, let's plug in the strikes of the strategy Nathan proposes, and current prices (which I pulled from the screen).  You have: P = (1.85 - max(0, 142.50 - 165)) - (max(0, 142.50 - 145)) = -$7.80 If the stock goes to $150, the payoff is -$2.80, which isn't quite break even -- but it may have been at the time he was speaking on TV. If the stock goes to $165, the payoff is $12.20. Please do not neglect the cost of the trades!  Trading options can be pretty expensive depending on the broker.  Had I done this trade (quantity 1) at many popular brokers, I still would've been net negative PnL even if NFLX went to >= $165."}
{"_id": "431884", "title": "", "text": "\"Although there is no single best answer to your situation, several other people have already suggest it in some form: always pay off your highest after-tax (!) interest loan first! That being said, you probably also have heard about the differentiation for good debt vs. bad debt. Good debt is considered a mortgage for buying your primary home or, as is the case here, debt for education. As far as I am concerned, those are pretty much the only two types of debt I'd ever tolerate. (There may be exceptions for health/medical reasons.) Everything else is consumer debt and my personal rule is, don't buy it if you don't have the money for it! Meaning, don't take on consumer debt. One other thing you may consider before accelerating paying off your student debt, the interest paid on it may be tax deductible. So you should look at what the true interest is on your student loan after taxes. If it is in the (very) low single digits, meaning between 1-3%, you may consider using the extra money towards an automatic investment plan into an ETF index fund. But that would be a question you should discuss with your tax accountant or financial adviser. It is also critical in that case that you don't view the money invested as \"\"found\"\" money later on, unless you have paid off all your debt. (This part is the most difficult for most people so be very cautious and conscious if you decide to go this route!) At any rate, congratulations on making so much progress paying off your debt! Keep it going.\""}
{"_id": "431898", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-11/electricity-overtook-fossil-fuels-in-push-for-investment-in-2016) reduced by 84%. (I'm a bot) ***** &gt; Electricity drew in more investment than fossil fuel supply for the first time last year as the energy industry prepared for electrification of everything from cars to buildings and industrial processes.  &gt; &amp;quot;With robust investment in renewable energy, increased investment into electricity networks, electricity is now the biggest area of capital investment.\"\"  &gt; The shift of capital flows away from fossil fuels and towards electricity, particularly clean sources such as solar and wind, shows that the trend spurred by the Paris climate accord is seeping into the business of energy.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mlp52/electricity_overtook_fossil_fuels_in_push_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~164435 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **energy**^#1 **percent**^#2 **investment**^#3 **Electricity**^#4 **billion**^#5\""}
{"_id": "431912", "title": "", "text": "Why would his prediction be doubted? The guy predicted the housing bubble because he saw middle managers in every place of business being replaced by software. They were unable to find a new similar paying job and thus lost their houses. Now he sees 500,000 full-time job loses and 800,000 part-time job gains in one financial quarter. He sees 200,000 jobs created last month in July with 140,000 of those jobs being low wage service jobs. The guy is not a prophet. He is a realist. You investors who see the economy with rose-colored glasses are riding high on maximized profits as a result of low-wage earning skeleton operation crews. You'll be in for a rude awakening to find fewer customers able to buy the products and services being offered."}
{"_id": "431916", "title": "", "text": "\"The complaint isn't based on facts. It's based on pure protectionism. Boeing doesn't even build this class of airplane. **The Bombardier C-series would compete with the 717 which Boeing hasn't built in over ten years**.   &gt;*\"\"In the Delta Air Lines deal, the airline began talking with Boeing about used E-190s and used Boeing 717s. Boeing had 19 E-190s to dispose of, having committed to take them in on trade as part of an order with Air Canada for the 737 MAX. Delta purchased the 19 E-190s, but rejected the 717s because none was available during the period it required and there were not enough used 717s in any event. Delta called the 737-7 MAX uneconomical vs CSeries, rooted in 1960s design and an inefficient shrink.\"\"*  &gt;*\"\"Delta testified Boeing never offered any new-build aircraft because Boeing doesn\u2019t have an offering in the 100-125 seat sector and it didn\u2019t have any available delivery positions in the period required.\"\"*   Secondly, Boeing holds the **[#1 spot on the most heavily subsidized companies in the US list](https://subsidytracker.goodjobsfirst.org/top-100-parents)**, so even if their allegations were true, for Boeing to suggest that another company benefits from subsidies is a case of a very, very, very large pot calling a teeny-tiny kettle, black.     Lastly, to respond in kind to Boeing and the Trump administration, the Canadian governemt should be **cancelling it's $2,800,000,000 Boeing Super Hornet** order and exert pressure... perhaps a 220% tax would convince **[Air Canada to dump its $6,500,000,000 order for 61, Boeing 737 Max airplanes?](http://www.cbc.ca/news/business/air-canada-orders-61-boeing-737-max-jets-1.2460560)** You know, to be fair because Boeing is heavily subsidized and all...\""}
{"_id": "431927", "title": "", "text": "I'm not debating that, I'm saying early adopters should be upgrading from a beater that's about to die, not throw their 2-4 year old cars away to get a new EV. Volume will come and people do need to buy, but you can't environmentally justify replacing a lease with a shiny new Tesla."}
{"_id": "431932", "title": "", "text": "Consumers got what they paid for and Tesla put better equipment than necessary inside to A. Assist with resale value and B. Lessen manufacturing costs. The side effect is longer battery life and the option to upgrade without needing service. It's kind of a win win win win."}
{"_id": "431945", "title": "", "text": "Egg. Haven't used it personally. I can do a lot with excel itself, but that is a personal choice. Sometime ago Kublax existed but I read somewhere it went bust."}
{"_id": "431946", "title": "", "text": "At the higher level - yes. The value of an OTM (out of the money) option is pure time value. It's certainly possible that when the stock price gets close to that strike, the value of that option may very well offer you a chance to sell at a profit. Look at any OTM strike bid/ask and see if you can find the contract low for that option. Most will show that there was an opportunity to buy it lower at some point in the past.  Your trade. Ask is meaningless when you own an option. A thinly traded one can be bid $0 /ask $0.50. What is the bid on yours?"}
{"_id": "431953", "title": "", "text": "The government pays interest on its debts just like anyone else, but since it's already the government and already taking advantage of credit (your money loaned to it through the bonds), it doesn't need the extra benefit of taxing the interest it pays. **It's better off just issuing bonds at a lower interest rate and letting you keep all the interest, instead of a higher interest rate which will have some amount taxed and returned to it anyway.** The government wants a cut of private loan interest just like any other income, which is why interest on private bonds/loans is taxable.  Edit: What about municipal bonds? Wouldn't the federal government benefit from taxing interest on municipal bonds?   Municipal bonds are issued to support public infrastructure &amp; services such as construction of water supply infrastructure. Since the goal is to improve facilities for the public benefit, and government programs ostensibly aim to provide public benefits as well, it allows the full proceeds of the bonds to go to the designated projects at the lowest possible interest rate (and the public pays the interest through city rates). Taxing municipal bonds would result in a higher cost to the public for the same end result (because of higher interest rates), with the net interest going to the federal &amp; state governments via income tax on the interest."}
{"_id": "431970", "title": "", "text": "Looks like you can get a PO box online for $62 per year: https://www.usps.com/manage/get-a-po-box.htm"}
{"_id": "431984", "title": "", "text": "Perhaps your company is trying to save money or you\u2019re trying to meet some other goal, such as lowering volatile organic compound emissions, gaining LEED points for certification, or just plain being eco-friendly\u2014whatever the case, the time has come find someone to work with."}
{"_id": "432017", "title": "", "text": "Sometimes you have to travel from one place to another and you need to find a good taxi. In this case you have to find out as to whether you would be able to get the perfect one for you. This would make you stay yourself on a much better and profitable side that would not make you get tensed. Unless you try to get the perfect one for you it would not make you get the right amount of fulfillment."}
{"_id": "432020", "title": "", "text": "What I do in those cases - assuming I like the job - is ask for a review in 3-months. They usually take this to mean I want a raise-review and give me a raise. What I really want to know is how I'm doing. Some managers will only give feedback in a review instead of every day."}
{"_id": "432023", "title": "", "text": "Lets say person A has no problems and has roughly a 100 point IQ. Because their life is fine they less likely to strive for better.  Then there is person B with issues, so they have to fight to be 'normal' or smart enough to work in normal situations. Because of this their intelligence is much higher. From that a personality trait is built which encourages them to continue learning and increasing their intelligence. They end up being smarter than the average person on specific pointed subjects.  IQ is a bit annoying as it implies well rounded knowledge, but this skill isn't that. It is pointed knowledge in specific areas.  I've always speculated that when someone is gifted they excel in most everything and tend to be rather well rounded, but genius is someone who is so interested in something specific that they excel beyond gifted. A genius is someone who can skip steps in these subjects.  Because of these things I've always speculated that most geniuses is more likely to be autistic at a young age than not, but details are hard to come by."}
{"_id": "432032", "title": "", "text": "\"I agree with you halfsies. Marketing yes, but to paraphrase Steve Jobs, marketing isn't how you get the word out, it's what you build to start with.   The vast majority of startups have ideas which could only be profitable in a universe other than our own.  In the real world, outside of venture capital, the people with these ideas would understand that, at best, they are only hobbies. Nobody would give them a loan. But venture capitalists will throw money at anything with chunky nerd glasses and an iPad, so they are \"\"enabled\"\". Then they waste years of their lives on things which should rightly have never lived to begin with.  It's desperately sad.\""}
{"_id": "432040", "title": "", "text": "Funds can be a issue for most nowadays, as well as on-line poor credit fiscal are getting to be popular in an effort to spend on unanticipated as well as high priced economic circumstances. Absolutely no credit check needed poor credit fiscal like fast cash advance are mainly utilized by people that perhaps have been hit by the recent economic climate and are unable to afford unanticipated expenses as well as application auto repairs."}
{"_id": "432041", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Business leaders unite in Brexit warning](https://np.reddit.com/r/talkbusiness/comments/7867l4/business_leaders_unite_in_brexit_warning/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "432051", "title": "", "text": "Maybe not exactly 5 years ago, but the big thing I wish I understood starting out my career was retirement accounts and how they worked."}
{"_id": "432054", "title": "", "text": "Yea, honestly taking in debt is pretty much never a good idea. Even borrowing from your own family can cause issues. It better be a very serious issue if you're trying to borrow and use money you don't have. Especially if we're talking about figured that are high relative to your income stream and/or that of the person you're borrowing from if it's not an official entity."}
{"_id": "432065", "title": "", "text": "I'm assuming you are buying bond mutual funds or bond etfs here, not the actual bonds directly. There are a significant variety of different types of bond funds, reflecting the sort of bonds they invest in. For example, you can invest in risky, non-commercial grade bonds, also known as junk bonds. Or you can invest in short-term bonds, which are much safer but return much less. There's no such thing as the 'average bond'. So, let's go for somewhere in the middle. Let's go for 3% return, after fees. Now, it's fairly simple math. You want $3,000 a month, or $36,000 a year. To generate that sort of return, you'd need to invest $1,200,000. If we are more optimistic, we could go for a 4% return, after fees. That reduces your investment to $900,000. Note that it would almost certainly not make sense to invest all that money in bonds. Instead, you'd want to invest in a mix of stocks and bonds. This could likely reduce your risk while increasing your expected return."}
{"_id": "432067", "title": "", "text": "\"My answer might be out of date due to the Affordable Health Care law.  I will answer for the way things were prior to that law taking effect. In my experience, hospitals have a financial assistance program you can apply for.  If you can show a financial need, the hospital will only charge you a certain percentage of your bill.  A person with a very low income will likely only be charged 5 or 10% of the theoretical balance.  That would be assuming the person is at or near the poverty level (which has an official definition -- but to give you an idea, your cashier at McDonald's is probably at or near the poverty level). Also note that sometimes it takes a while for hospital charges to be submitted to insurance, and to be approved and paid.  Thus, many people have learned through experience to ignore the first bill that comes in from a hospital, and wait a month before paying. There can be a dramatic drop in the \"\"What you owe\"\" line after the insurance company responds, and the billing office adjusts the bill to the negotiated amount and subtracts off what the insurance company covered.\""}
{"_id": "432077", "title": "", "text": "The post that you linked to saying that a pre-paid credit card is really a debit card is kind of right and kind of wrong.  From your point of view, to get a $1000 pre-paid credit card, you need to hand over $1000. So nobody is giving any credit to you. You can only spend money that you actually own, like a debit card.  For the merchant accepting your card, it is exactly like a credit card. He doesn't know what deals you had to make to get the card. The merchant just knows that up to some amount, he will receive money. So in that sense it is a credit card and will be accepted like a credit card."}
{"_id": "432080", "title": "", "text": "If the contributions were yours, they are vested immediately. Otherwise, there are some rules laid out on the Department of Labor website: ww.dol.gov/ebsa/publications/wyskapr.htm"}
{"_id": "432090", "title": "", "text": "&gt; their ad-block / \u201cquote of the day\u201d screen is so toxic and poorly designed it\u2019s unbelievable.  This really shocked me. If you want to force me to look at an ad before I get to the content I can see the commercial rationale behind it. But that quote? Thrashy, pseudo-intellectual bullshit wasting my time. WTF?"}
{"_id": "432095", "title": "", "text": "\"I wish you were right, but sadly, \"\"we the data\"\" have pretty much *no* ability to have any effect on Equifax; **That's** the real \"\"fuck you\"\" of this whole situation, *we* had zero choice in whether or not they tracked our data.   Now, more to your point... Can we *maybe* get the *actual* customers (banks, loan brokers, etc) to favor TransUnion over Equifax?  *Maybe*.  But you're missing the point entirely if you go that route.   The problem here isn't Equifax.  The problem here is that Equifax (and Experian, and Transunion, and LexisNexis, etc) is *allowed to exist* under US law in the first place.   Don't lobby your bank, lobby your **senator**.  They won't actually *care*, since Equifax pays them more than you do, but that's at least nominally \"\"more effective\"\" if we want to play pretend that our elected officials actually care what we think.\""}
{"_id": "432104", "title": "", "text": "\"This could be another reason.  \"\"Companies buy their own stock in the market place to reduce the number of shares outstanding, and thus boosts the earnings per share. It also boosts the stock price, which benefits management that has stock options. \"\" Taken from this article. http://www.forbes.com/sites/investor/2014/01/06/the-most-reliable-indicator-of-an-approaching-market-top/ and this article \"\"Why are stock rising?\"\" may help as well.  http://www.forbes.com/sites/investor/2013/12/23/why-are-stocks-rising/\""}
{"_id": "432111", "title": "", "text": "I do this often with shares that I own - mostly as a learning/experience-building exercise, since I don't own enough individual stocks to make me rich (and don't risk enough to make me broke). Suppose I own 1,000 shares of X.  I don't expect my shares to go down, but I want to be compensated in case they do go down.  Sure, I could put in a stop-loss order, but another option is to sell a call above where the stock is now (out-of-the-money).   So I get the premium regardless of what happens.  From there three things can happen: So a covered call essentially lets you give up some upside for some compensation against downward moves.  Mathematically it's roughly equivalent to selling a put option - you make a little money (from the premium) if the stock goes up but can lose a lot if the stock plummets. So you would sell call options if:"}
{"_id": "432114", "title": "", "text": "Mine did. It was withdrawls on an ATM card (at an ATM without a camera, ofc). I signed a statement, and the cash was put back into my account immediately while they conducted the investigation. Nothing resulted from the investigation, but my CU ate the charges, didn't pass them on to me."}
{"_id": "432116", "title": "", "text": "Typically Banks look for a steady source of income or savings based on which they issue a credit card. If you can't show that build a cash balance and show it. For Example if you have an PPF account with say SBI, they issue you a card with a limit of around 50% of the balance in PPF. No other documentation is required. Similarly if you have Fixed Deposits for a large amount quite a few Banks would give you a Credit Card. My wife has a credit card because she had a good balance [around 100,000 INR] for around a year, the Bank kept calling her and offered her a card."}
{"_id": "432120", "title": "", "text": "It also increases productivity.   This is also what happened to the US manufacturing base. With the improvements in technology, they were able to automate things to increase productivity, increase quality of goods and focus on high tech/complicated goods that require a skilled labor force.   So even though the US manufacturing base over the last 30 years has lost jobs, the US is still a powerhouse when it comes to manufacturing."}
{"_id": "432132", "title": "", "text": "Hmm, I don't see why Chinese people would want to dress like East Coast US white kids vacationing at the Hamptons with their lacrosse team. Well, other than for some type of ironic Chinese style Halloween costume."}
{"_id": "432134", "title": "", "text": "All my computers have come through bartering in some form or another. I now own 2, and the only thing ever purchased was certain limited parts.  It's not very appropriate to the cost of electronics as a proxy for the affordability of the cost of living. If that proxy was even mildly valid you could rent a decent apartment for $200 bucks or less, and furniture, food, etc., would be nearly free. The electronics cost proxy is absurd.  Basically, 35 years ago almost nobody owned a computer. While the cost of living has skyrocketed what sense does it make to claim that the cost of something that people didn't even own then is a valid proxy of the cost of the things they require to live?"}
{"_id": "432163", "title": "", "text": "\"What? No, not at all. Not even a little bit. The argument rajan made in his book is that political elites were looking for easy fixes to stagnant wages at the bottom, which were caused by large scale forces like globalization and information tech, but those problems are hard to deal with, so insteas they \"\"let them eat credit.\"\" They lowered home loan standards and gave them govt guarantees in order to give them higher standards of living, and of course it collapsed. I think his views are different than krugman, who i would guess would actually be supportive of such an absurd idea. Least do a cursory search before making a cynical self-congratulatory comment\""}
{"_id": "432173", "title": "", "text": "Lego is a colorful theme, the guests can be asked to dress up in different colors like a costume. They can be offered to paint their face. But you should ensure that child has no allergies and don't paint over open cuts as it can be harmful. Kids will love having their faces painted and this party will be rocking. The color theme can be carried with the cake and the sandwiches. The strips of colored icing can make the cake resemble like Lego bricks."}
{"_id": "432177", "title": "", "text": "\"&gt;It seems that the corporation was ordered to pay, no? The man does not claim he can't pay it, he claims the corporate entity that is supposed to pay it can't pay it.  Exactly.  Robert K (Rich Dad) established a company called Rich Global LLC.  Which was sued by his partners in that company for failure to pay their agreed upon percentage of income.  [From this article](http://abcnews.go.com/Business/rich-dad-poor-dad-author-files-bankruptcy/story?id=17463158#.UHhXSG_A_6M): The company had been weighed down by a lawsuit filed by Learning Annex, one of Kiyosaki's earliest backers who had helped arrange his public speaking events earlier on, Forbes reported.  Bill Zanker, the founder and president of Learning Annex, sued Kiyosaki after he allegedly failed to pay a percentage of profits from his speaking engagements. A district judge in New York awarded Learning Annex $23.7 million.  \"\"I took Kiyosaki's brand and made it bigger,\"\" Zanker told the New York Post. \"\"The deal was I would get a percentage, and he reneged. We had a signed letter of intent. The Learning Annex is his greatest promoter. We put his 'Rich Dad' brand on a stage. We truly prepared him for great fame and riches. But when it was time for him to pay up, he said 'no.' \"\"   Robert Kiyosaki, author of the book, \"\"Rich Dad, Poor Dad\"\" filed for corporate bankruptcy through one of his companies, Rich Global LLC.  A few years ago Robert K started another company called Rich Dad Co.  He shifted all sales from books, seminars videos etc from his first company to the new company.  It seems this was a fantastic stroke of lucky timing - or he purposefully did this while talks were souring between him and his former business partners.  The former company is a shell with very little assets.   That's pretty convenient.  &gt;This man probably runs several businesses.  Yes he does - I have provided examples of this in my previous posts.  &gt;there is a chance some may go under.  Go under?  His book sales are not diminishing, he still does sell out seminars, he is paid for public speaking.  This isn't about a company that failed to become successful.    &gt;If you don't want to invest with someone who doesn't have skin in the game, all you have to do is don't invest.  Are you even aware of who is partners are / did you even read any of the information I have provided to you?  His partners were the people who made him famous.  They backed him and propelled him to the level he is currently at.  They are asking for their fair share of what they created - and a court of law agrees with them.  Robert K screwed them.  Example:  I am a low level motivational speaker.  You are a promoter and believe in my message.  You and I go into business.  My job is to continue to write books, speak and create videos - you back me financially and create a PR and marketing campaign to propel me to a higher level of public awareness.  You do your job and make me famous.  When it comes time to pay you - I reorganize the company and screw you.    I really can't continue this conversation.  I have provided plenty of information, supporting links and examples.  It is clear that you are unwilling or just unable to concede (at ANY LEVEL) that it is even possible that someone would/could manipulate BK laws to avoid liability.  This discussion is turning into the equivalent of someone trying to describe the color red to a blind person.  No matter what I present to you - you just can't see red.  You are obviously entitled to your opinion and just for the record I have not downvoted a single one of your posts - however, due to your instance and firmly held belief that this type of business practice is \"\"smart business\"\" I restate that (in my opinion) you are part of the problem.   *edit: Yet more fat fingered spelling mistakes... my typing skills need improvement\""}
{"_id": "432180", "title": "", "text": "To access the internet, you need a router. So, Netgear routers provide you the fast internet access. Purchase one from an authorised dealer and set it up using Netgear router login setup page. For any doubt, we are here as your assessor."}
{"_id": "432187", "title": "", "text": "I find this site to be really poor for the virtual play portion, especially the options league.  After you place a trade, you can't tell what you actually traded.  The columns for Exp and type are blank.  I have had better luck with OptionsXpress virtual trader.  Although they have recently changed their criteria for a non funded accounts and will only keep them active for 90 days.  I know the cboe has a paper trading platform but I haven't tried it out yet."}
{"_id": "432221", "title": "", "text": "\"None taken. Good thoughts: it would be making the same mistake to blindly accept my criticism as many will make blindly accepting this journalist's graphs. Let's see if I can address your concerns.  The reason the scale is problematic to me is exactly what you said  &gt; I hope people would be looking at more than just a convex line  And I don't think that they do. The scales were adjusted so that the lines were nearly identical on someone's computer screen, but that implies a false equivalency between the debts of households, corporations, state and local gov, and the fed. I think the author has left leaning sympathies (read the accompanied article that outlines \"\"who you will vote for\"\", link on the last slide). Not necessarily a bad thing, but he frames all of this from the idea that his *statistics cannot be skewed, and he is therefore presenting fact*. Central to the left's argument is that the Federal Government's size is not of the biggest concern, and if you got the average American thinking that 15 trillion is no big deal because households have a huge debt too, or corporations do too, or states do too, I believe that to be dangerous. I think I identified his bias, and that his graphs are slightly manipulated to coerce less discerning individuals to his side. Happens all the time, but all of those facts are dead on in regards to the data. Again, trying to keep my politics out of this, simply criticizing the graphs and the subtle message they are sending under the guise of being neutral.  I would agree with your point *normally*: since contractors are temporary and often, as you pointed out, cost efficient from a benefits standpoint. They also tend to be more efficient, but this is not central to our point. The problem is that the government has the longest war in our history going, but we aren't really fighting anyone for the scale of our spending. Trillions of dollars have gone into this effort, and one of the results has been *the development of a quasi-economy in Iraq, and now Afghanistan*. The numbers are staggering of how many of these people are employed, or make a living, off of this war effort. But this is not like most contractors: where you would add them to the DOD's budget, as you astutely pointed out. And the difference, I would purport, is the permanent status of the \"\"employment\"\". After what length of time would you say a contractor for the DOD working on computer programs in the Pentagon is the equivalent of an employee (and therefore must be counted in statistics such as the one the graph in question purports to depict)? 2 years? 5 Years? Certainly after a decade, right? Remember, the graph is trying to show that the number of government employees *is not a problem, or at least not a significant one*. But calling an apple a banana doesn't make it yellow; I think political slight in hand with statistics as important as these should be criminal.  Sorry I got long winded, but I hope I addressed your concerns. It sounds like you are one of the few people who thinks critically when presented with data such as that which is in these 64 slides. But remember: for every one of you there may be a thousand people who are brainwashed by any \"\"data\"\" you put in front of them.\""}
{"_id": "432228", "title": "", "text": "Just more sour grapes from those who made their money off arbitrage and got beat by someone quicker.    Anyhow, speaking as a normal investor (ie. someone who invests my own money), HFT is what allows me to put in an order in New York, Hong Kong, or Paris from my web browser, and have it executed 10 seconds later.    Anyone who's tried trading on a market with less liquidity (say, the TSX Venture exchange) knows it's a pain in the ass to buy and sell, and often you'll get screwed.    Electronic trading and HFT has democratized trading.  Sure, you pay a few cents per trade, but when I buy a stock on the HK market I'm paying ~300 HK dollars per trade anyway.  Heck, even on NA exchanges, when trading &gt;10 000 dollars the amount shaved off by HFT traders is minute.  I'll gladly pay it for the convenience - I can put in a trade and have it executed instantly, so that I can go to bed and sleep, rather than wait hours to see if my trade will be executed..."}
{"_id": "432236", "title": "", "text": "heard a great radio discussion about driverless  bottom line they predicted massive waves of insurance fraud and giddy liability lawyers,  e.g. all one has to do is step into the path of a driverless and the vehicle **slams on the brakes**.  such braking action often causes cars/trucks behind to crash into the lead (driverless) vehicle.  the Autobahn is famous for 50-75-100 vehicle crashes like that.  plenty of dying takes place"}
{"_id": "432242", "title": "", "text": "But its subtle, its how advertising should be and honestly it works better. Why do you care if someone paid Brad Pitt to drink coke on screen? Why is that worse than if he was drinking unlabelled can of soft drink?"}
{"_id": "432261", "title": "", "text": "The orange phallus with golden pubes promised to take on the FED and for a while grammy was trembling in her britches, or perhaps the ommpaloompa's over lords in AIPAC castrated our pretend tough talker.  When you going to clean up the Fed or does the long arm of the law have small hands and no balls?"}
{"_id": "432280", "title": "", "text": "\"This is a bit pornographic, isn't it, in that we're looking at something we'd like to do (namely, \"\"win the big lottery!\"\") but probably won't ever have this happen to us. :) Anyway. Ignoring the fact that this is kind of a hypothetical question... Gotta go with The Straight Dope on this one, when deciding whether to take an annuity or a lump sum: What assumed interest rate is underlying the calculations? Do you think you can earn significantly more than that rate on your own? If so, take the lump sum cash value. If not, go with the annuity. What are your financial needs, both immediate and over the next twenty years? Do you need a steady flow of income? If you take the lump sum and invest it poorly or lose it, how much will it hurt you? If you give up your job to enjoy your wealth, what will happen if you're still alive when the annuity payments stop? You don't want to blow it all in a spree and then find yourself in poverty in your old age. What happens if you die before the annuity has been fully paid? As noted, there's the question of whether to ask in advance for an annuity - the tax treatment alone could overwhelm any other considerations.\""}
{"_id": "432283", "title": "", "text": "\"First of all, the answer to your question depends on your starting dates and ending dates. So developed markets returns are higher over one period, and emerging markets returns over other periods. So far, there does not appear to be a systematic tilt in favor of one or the other. The reasons are as you said. Emerging markets tend to have higher returns in nominal terms, but developed markets currency movements (sometimes) cancel this out. So watch out for periods of strong and weak developed markets (e.g. U.S) currencies. In \"\"strong\"\" currency periods (such as those of the past five years or so),  you want U.S. market exposure, and in \"\"weak\"\" currency periods, the larger nominal local returns will be fully reflected in dollar terms as well.\""}
{"_id": "432289", "title": "", "text": "\"Understandable from an \"\"artistic\"\" perspective, but arguing that an outdated analogue medium provides superior sound is just not true. I think people forget how much better CDs were than vinyl at the time in both sound quality and convenience.\""}
{"_id": "432307", "title": "", "text": "Note that after 15 years, the tax exemption is \u20ac36800 per person, which includes both the principal you desposited and the accumulated interest.  It's possible that you will have a higher balance than this in your savings account at this point and would still owe tax on the interest accumulated above the exempted amount.  After 20 years, you get the full tax exemption, the lesser of your portion of the mortgage debt and \u20ac162000 per person. In direct answer to your questions: I'm not aware of any exceptions to the 15 year rule for allowing the accumulated interest to be tax free when selling your house.  If your accumulated interest is low enough, you might consider just paying the tax on it as it would give you the most flexibility in choosing a new mortgage.  This is why I asked about more details about your interest rate and how long the mortgage has been running. It may, however, possible to couple the savings account to a new ABN AMRO Bankspaar mortgage when you buy a new house.  You should check your mortgage terms and conditions.  For example, Section 23.12 in ABN AMRO's terms and conditions from 2010 describes this.  See here.  It is probably best, however, to speak directly with either your mortgage broker or with a mortgage adviser with ABN AMRO.  If your mortgage broker still worked on commission (aflsuitprovisie) when you closed your mortgage, then they are obligated to assist you with this type of question. In order to qualify for the tax exemption, you must use the saved value to pay off debt on your primary residence (eigenwoningschuld).  Decoupling the savings account entirely from a mortgage will disqualify you from the tax advantages.  You will owe tax on all accumulated interest."}
{"_id": "432308", "title": "", "text": "\"&gt; ...diminishing the power of Washington to play favorites, as that will clear the way for the deserving to succeed and the undeserving to fail.  You've been to a supermarket, yes?  Have you ever noticed the impulse buy items all on a rack as you're waiting for checkout.  It's stuff nobody needs and is often bad for you like candy and tabloid newspapers.  People don't go to stores to get a publication on Trump's alien baby but it is something people will buy on impulse.  Fifty years ago these checkout racks were only in a few stores.  Today they are everywhere and any retail store that wants to stay in business must copy this model or operate at a disadvantage.  This is because they make money as they encourage people to buy things they wouldn't when in a deliberate mindset.  Companies like Walmart have taking the idea to another level with impulse buying corridors you have to walk through at every register.  That is what you get in an capitalist battlefield.  The \"\"deserving\"\" you want to support are simply the companies that manipulate their customer base better.  The science behind getting you to buy is staggering.  You mentioned Amazon before as being a good example of a corporation.  Have you seen their site recently?  Its pages are loaded with impulse buy items, selected specifically for you by a sophisticated neural network.  Did you forget, [it was Amazon that was known for 1-click buying](https://en.wikipedia.org/wiki/1-Click) because 2-clicks is enough time for a second thought.  You think government is in the way?  Government is only thing standing between you and getting milked like a cow.\""}
{"_id": "432315", "title": "", "text": "So if I have to kill my competition who seem to get a lot of reddit love, all I need to do is hire some cheap labour to spam reddit with their links and ghost accounts that will upvote the submissions?"}
{"_id": "432327", "title": "", "text": "Update: it looks like this may no longer be a requirement.  I was able to withdraw from TreasuryDirect into another bank account without issue."}
{"_id": "432333", "title": "", "text": "Adriana Fine Jewelry out of the idea of mindfulness, which is the exercise of residing deliberately in the right here and now to appreciate the existing. Whether you actively exercise a conscious life-style or in reality admire a considerate product, we offer bracelet quotes that support private increase and success in everyday lifestyles.  The quote style is definitely cool mainly in case you want to present the surprise gift on your circle of relatives or lover. The Bracelet fees also are very elegant that truly make them one among a type and personalised."}
{"_id": "432339", "title": "", "text": "My job didn't rely on the [EDIT] local economy. I worked in a bank that serviced nationwide loans for auto dealerships and other services. The fact that the bank owner one day decided that he wasn't making enough profit and was going to shut down the bank came as a surprise to everyone - including the bank president, it seems.  So after that happened, then trying to find a job in a local economy that was tanking - yeah, it sucked. Then again, I had been living in Utah for years before, during, and after the Olympics, so that didn't factor as a variable into my work equation until after I was laid off."}
{"_id": "432384", "title": "", "text": "I didn't call anyone disgusting. You must be from a pretty liberal area. In my area that recently legalized medical use almost everyone I talk to thinks the entire medical marijuana industry is a scam and it's just a bunch of people saying they have back pain or anxiety so they can get stoned."}
{"_id": "432393", "title": "", "text": "You should start by calling the clinic and asking them to tell you how the visit was coded. Some clinics have different billing codes based on the complexity of the visit. If you have one thing you are seeing the doctor about, that could be coded differently than if you have 4 things you are seeing the doctor about. In fact, even if you are there just for one ailment, but while you are there you happen to ask a few quick questions about other possible ailments, the doctor could decide to use the billing code for the higher complexity. If when speaking to the billing department it is determined that the visit is using a higher complexity billing code (and a higher charge as a result), you could then request that it be re-coded with the lower complexity visit. Realize if you request that they will probably have to first get approval from the doctor that saw you. Note: I am basing this answer on first hand experience about 6 months ago in Illinois, where the situation I described happened to me because I asked some unrelated questions about other possible ailments at the end of a visit to an after hours clinic. The billing department explained that my visit was coded for 4 issues. (3 of them were quick questions I asked about at the end of the visit, one of which she referred me to another doctor. My additional questions probably extended the visit by 3-4 minutes.) In my case I never got the bill reduced, mainly due to my own laziness and my knowing that I would hit my deductible anyway this year. Of course I can't say for sure if this is what happened in your case, or even if this practice is widespread. This was the first and only time in my life that I encountered it. As a side note, your primary doctor would likely rarely ever bill you for a more complex visit, as it likely wouldn't lead to much repeat business. As for your last question regarding your credit: if the provider decides to lower the price, and you pay the lower price, this in no way can affect your credit. Surprising Update: When I called the billing office months ago, I had asked if they could confirm the code with the doctor, and I was told they would look into it. I never heard back, never followed up, and assumed that was the end of it. Well, today I got a call back (months later) and was informed that they had re-coded the visit which will result in a lower charge! It's still pending the insurance adjustment but at some point in the future I expect to receive either a credit on my next statement or a check in the mail. (The price difference pre-insurance in my case has gone from $359 to $235.) Update: I did receive a check for the difference. The check was dated July 20, 2016, which is just over 2 months after the phone call informing me I would receive it."}
{"_id": "432404", "title": "", "text": "Rebalance is across asset-classes which are mutually independent [like stocks and bonds; they may be inversely correlated at times as when stocks go down, bonds go up] 80%-20% (stock-bond) split is good for a young investor [say in 30s, some suggest 110-age as a good stock allocation percentage]. Here rebalance is done when say the asset-allocation(AA) strays away more than say 3 to 5% (again just a rule of thumb). E.g. if due to a recent run-up in stocks, AA could become 85%-15%. Then you sell stocks to buy bonds to make the AA 80%-20% And since this method always sells the winner -- you automatically make gains [selling high and buying low] S&P 500 index gives decent diversification within stocks; you want a total-bond-fund to take care of the bond side of your AA."}
{"_id": "432417", "title": "", "text": "Use buxfer.com. It's available in India and most of the features are free."}
{"_id": "432424", "title": "", "text": "William %R is a momentum indicator used for measuring overbought and oversold levels, it is not used to predict the price of a stock. In fact, William %R, like all momentum indicators, is a lagging indicator - meaning the indicator level changes as the price of the stock changes. It ranges from 0 to -100. Usually when a reading is less than -80 the stock can be considered to be oversold, and when the reading is above -20 the stock can be considered overbought. When viewed together with the price chart, this can help provide a trader with entry and exit points into and out of a trade."}
{"_id": "432444", "title": "", "text": "I think the only sure way to know if there is a bubble is to wait till it bursts and buy then. If it would be easy to tell there wouldn't be any bubbles."}
{"_id": "432448", "title": "", "text": "out of all of these, luck is unquestionably the most necessary of the conditions.    do you know successful lazy people? i do  do you know successful undetermined people? i do  do you know successful dimwits? i do  do you know successful idiots? i do  do i know successful people who didn't have an extremely high amount of luck in their lives? nope.    pretending that luck isn't a necessary condition implies that there are sure thing, can't lose undertakings in life. there aren't.   and that doesn't even begin to address a priori luck in terms of ones heritage."}
{"_id": "432497", "title": "", "text": "My wife and I have a different arrangement.  I like to track everything down to the transaction level.  She doesn't want everything tracked.  We have everything joint and I track everything except she has one credit card where I do not see the statements only the total.  She is more comfortable, because she can buy things without me seeing the price for individual transactions."}
{"_id": "432500", "title": "", "text": "AI isn't just a thing you plug in and let it take over. Their not all created equal and different groups are making different things. Also different groups make differing qualities of AI. Take this example, all phone based gps is the not the same. Google, apple's, Microsoft's, Tom Tom's, waze's (owned by Google), etc. All use the same roads and same GPS system so they should be right? We no since some use the same initial data while others have their own cars to take pictures of the streets and their own imaging satellites (Google). They all have different user interfaces, different algorithms, different map storage, behave differently when cell/gps signal goes out, handle traffic differently. Some use time of day and day of week to give better directions and arrival ETAs based on history. Some use information from other phones to improve the system. These are all different kinds of AI used in something we think of a simple task of navigation."}
{"_id": "432503", "title": "", "text": "Why are people defending this? Sure just because she was a music major doesn't necessarily mean she didn't know shit about security...   But the fact that they got hacked *and* she's a music major leads me to believe *that she didn't know shit about security*"}
{"_id": "432505", "title": "", "text": "\"Sure, they'll have internal efficiencies of choice, but they may or may not choose to share them, as you indicated.    Barriers to entry are, in my view a kind of inefficiency, by the way. Or, put another way, diversity is a kind of efficiency in that it provides a ready sources of alternative ways if a new problem with an established way of doing things comes up. So killing off competitors reduces the efficiency of one of those competitors rising as market need shifts. It's one reason we fear cloning, that although we might pick good traits, we can't be sure those traits that are good for something now will be the right things for the future, not least of which when fending off disease.  A monopoly is like a clone-of-one, where the business model and thought process is cloned throughout the company and there isn't legitimate independent thought.  To make that tangible, a thing I worry about is that Climate Change might make travel more difficult. With large storms, we might need a lot more local production and distribution and some of our reliance on just getting things quickly from one part of the world that has a monopoly on things might be dreadfully painful.  Having Amazon declare this a done deal kills off a kind of resilience that can be essential if the world gets carved up.  I don't know that such a future is certain, I just wanted to paint a picture of what it would look like to find these assumptions false and why monopolies might be bad in such cases, even when there's some perception that \"\"gee, don't a lot of people want this?\"\" They want it because of circumstance. Circumstance changes.  I wrote a few more thoughts about the megacorp thing in a blog post that went away with its host, but anyone interested can find it [here, via the wayback machine at archive.org](http://web.archive.org/web/20130514064841/http://open.salon.com/blog/kent_pitman/2009/03/15/rethinking_mega-corporations).\""}
{"_id": "432509", "title": "", "text": "Man it's amazing that the banker's solution is to cut their workforce from 16,000 to 2,000. Sure it'll look good on the balance sheet but that would be pretty much the death nail to an already struggling company. And people wonder why everyone is so jaded about these idiots on Wall Street."}
{"_id": "432510", "title": "", "text": "We are the biggest stockist of soccer balls in the world. There you will get a lot of branded soccer balls like Adidas, Wilson, Mikasa, Nike, and Royale. If you searched  Best Soccer Balls online or even at the store, then we are the best platform for you! You can visit our company website and buy online soccer balls. We will help you the get better soccer ball for your need."}
{"_id": "432511", "title": "", "text": "The cost to you for selling is 3/8% of a years salary, this is what you won't get if you sell. Tough to calculate the what-if scenarios beyond this, since I can't quantify the risk of a price drop. Once the amount in he stock is say,10%, of a years salary, if you know a drop is coming, a sale is probably worth it, for a steep drop.  My stronger focus would be on how much of your wealth is concentrated in that one stock, Enron, and all."}
{"_id": "432514", "title": "", "text": "It is. My grocery store removed our self check-out because of the significant increase in theft. It wasn't even bottom of the cart stuff. You just load what you want to steal on non-weighing side, pay, and then load all of it into bags. The cashier is usually busy dealing with someone at another kiosk so no one is actually watching you.   In the end, the theft, constant break downs, and problems customers always had trying to use them made them too much trouble to keep. We put up a few more check stands and the theft dropped."}
{"_id": "432545", "title": "", "text": "According to HMRC's manual BIM42105, you can't deduct expenses of this kind when calculating your profits for corporation tax: No deduction is allowed for expenditure not incurred wholly and exclusively for trade purposes So at the least, the company will have to pay corporation tax on this donation at some point, assuming it ever makes any profits. There's also the risk that HMRC would say that what is really happening is that you are making a personal donation to this person and the company is giving you income to allow you to do it. In that case, you'd be liable to income tax and employees national insurance, and the company liable to employers national insurance. It should then be deductible from corporation tax, though."}
{"_id": "432550", "title": "", "text": "It is ordinary income to you. You should probably talk to a California licensed CRTP/EA/CPA, but I doubt they'll say anything different. You would probably ask them whether you can treat some of it as a refund of rent paid, but I personally wouldn't feel comfortable with that."}
{"_id": "432555", "title": "", "text": "Direct marketing association of India is an authorized body to deal with the marketing aspects of Indian marketing industries. It acts as an interface between the marketing industries and government bodies which make policies. The association is well recognized across the country and is the concerned body for all direct marketing industry related aspects"}
{"_id": "432562", "title": "", "text": "My wife and I are both Canadian citizens living in the US with green card status.  I still have a Canadian RRSP and bank account in Canada that are dormant for the most part.  We use the Canadian debit card only when traveling (which is quite helpful). Neither of us file any paperwork in Canada anymore.  But as others have mentioned, we do file the FBAR form... this takes about 10 minutes and gets mailed somewhere in Michigan if I recall correctly.  (Keep the balance less than $10k total among all foreign accounts and you relieve yourself of this too.) As far as taxes go, we make less interest in our Canadian account than in our US accounts, so the tax burden is less."}
{"_id": "432565", "title": "", "text": "\"Buying physical gold: bad idea; you take on liquidity risk.  Putting all your money in a German bank account: bad idea; you still do not escape Euro risk.  Putting all your money in USD: bad idea; we have terrible, terrible fiscal problems here at home and they're invisible right now because we're in an election year.  The only artificially \"\"cheap\"\" thing that is well-managed in your part of the world is the Swiss Franc (CHF).  They push it down artificially, but no government has the power to fight a market forever.  They'll eventually run out of options and have to let the CHF rise in value.\""}
{"_id": "432573", "title": "", "text": "Market value and assessments are two different things. No matter how amical the agreement seems on buying and selling, the future could result in damaged relationships without an absolute sale. I would strongly recommend getting into an agreement to split the purchase of a house as a means to save money. If it's too late, sell immediately."}
{"_id": "432586", "title": "", "text": "Because they will make money? Trump is still rich as fuck, despite all this. He knows how to play the game, and he plays it very well. If I told you that I could go in with you on a company, and the company would fail and royally fuck anyone who loaned it money, but you would walk away with a cool million, would you do it? The only groups that should be weary of him are creditors, as they're the ones who end up with no chair when the music stops."}
{"_id": "432587", "title": "", "text": "\"My god, my old boss:  * This was a round-the-clock job, but he HAD to know everything.  Had to call him every day at 9pm, just to let him know how everything was going.  * He would check EVERYTHING.  From HOME.  Cameras all over the shop.  I'd get a call at like 8pm \"\"hey, how come you left that extension cord plugged in?\"\". I got scolded one time because a guy on my crew hopped in a forklift and drove it around without putting on his seat belt.  While I was inside a control room 50 feet away, out of sight.  All from home.  * When he WAS there?  God help you.  To think I would trade THAT for a buck or two an hour?  Any day.\""}
{"_id": "432589", "title": "", "text": "That's still really good though. Like you said your 65 prolly goes further than what I'm at here lol. Cheapest rent for a 1 bedroom not in the hood is gonna be around $1200 a month here \ud83d\udc80"}
{"_id": "432596", "title": "", "text": "The best thing you can do is shop around, and tell your current company that you're shopping.   I had been with GEICO for years and recently discovered (while shopping for renter's insurance) that AllState offered the same coverage for a few hundred dollars less.  When I called GEICO to cancel, they offered me an additional discount (for being a member of a credit union) that I hadn't received before.  I still switched, but was sad that I hadn't been getting that extra discount just because I never asked if there were other discounts I might qualify for. This article by ChristianPF talks about some changes you can make to reduce auto insurance costs."}
{"_id": "432608", "title": "", "text": "\"You cannot just read one book and some articles on Technical Analysis and some indicators and expect to be an expert and everything to just start falling into place and give you signals that will tell you when to buy and sell with precision and massive profits all the time.  It is like someone reading a book on how to drive a car and then expecting to drive flawlessly the first time they sit in the driver's seat, or someone reading a book on brain surgery and expecting to be able to operate on a live patient the next day. It looks like you are using 3 or 4 indicators to get daily buy and sell signals on a daily chart for an EFT you're looking to hold for decades. So firstly you are using short term indicators for a long term outlook. You need to decide what timeframe you plan to hold your investments for and use chart periods and indicators that suit that timeframe.  Secondly, each indicator can be used in a number of ways and the settings you use for each indicator can determine whether you get earlier or later signals. Also, you need to work out which indicators work well together and are complementary, compared to those that don't work well together and give conflicting signals. All this information will come together for you the more you read about and practice the art of Technical Analysis. If your timeframe is very long-term (decades) I would be using mainly a weekly chart, with a longer period MA, the ROC indicator and possibly some trend lines. Keep it simple. The price itself is very important too. You can determine when a trend is starting or has ended purely using the price. The definition of an uptrend is higher highs and higher lows, so on the weekly chart if there is a lower high followed by a lower low - this could be the end of the uptrend. If we get a lower low followed by a lower high - this again could be the end of the uptrend. These could be a good time to start getting cautious and maybe looking to sell. If you are using stop losses (which I recommend) this may be a good time to tighten your stops. Similarly, a downtrend is defined as lower lows and lower highs. If we get a higher low followed by a higher high it could be the end of the downtrend and maybe the start of an uptrend. This could be a good time to start getting ready to buy. You need to learn about how and where to set your buy and sell orders (including stops) and whether you wait for confirmation when you get a signal. All this takes some time, but the more you read, the more you attend live events and the more you practice the more they will become second nature. In order to get the best out of Technical Analysis you will need to learn, plan, practice and execute. A good book to help you prepare your trading plan is \"\"Smart Trading Plans\"\" by Justine Pollard. One of my favourite books is \"\"The Complete Trading Course - Price Patterns, Strategies, Setups, and Execution Tactics\"\" by Corey Rosenbloom. And another good book is \"\"Trade your Way to Financial Freedom\"\" by Van Tharp.\""}
{"_id": "432619", "title": "", "text": "Hiring a CPA comes into play if you're doing something that requires judgement or planning, such as valuation of internal shares in a partnership, valuation of assets in an asset swap, or distribution of the proceeds of a liquidation. That said, I would strongly suggest hiring someone who is also a Tax Attorney over a plain old CPA. In the event you do need representation to clarify positions or assertions, you're probably going to need to hire one anyway. Qualified representation is much cheaper to hire up front than after the fact. If all you need is help filing compliance paperwork (returns), software should be more than adequate."}
{"_id": "432627", "title": "", "text": "&gt; There are also the people that want a crash to happen since they missed the boat on the real estate boom.  This is a huge factor.  I don't know the Canada market, but I would be cautious if prices are too far out of line with rents.  That's what happened in the US, but it wasn't just that.  You need a few more ingredients.  like Adjustable rate mortgages with a low down payment."}
{"_id": "432638", "title": "", "text": "Only for farmers markets and only 3 bucks at a time. Kind of like a stupid screw up typical of government. This won't devastate folks and if the markets are solely dependent on these subsidies they will need to close. Maybe the meals on wheels should buy more local produce instead."}
{"_id": "432642", "title": "", "text": "\"I had  both closing price and adjusted price of Apple showing the same amount after \"\"download data\"\" csv file was opened in excel. https://finance.yahoo.com/quote/AAPL/history?period1=1463599361&period2=1495135361&interval=div%7Csplit&filter=split&frequency=1d Its frustrating. My last option was to get the dividends history of the stock and add back to the adjusted price to compute the total return for a select stock for the period.\""}
{"_id": "432665", "title": "", "text": "Don't throw good money after bad. If you bought on the peak of an event like news/earnings hoping for more and ignored its value than you might be doomed. Determine the stocks value and see it as a buying opportunity if it's still sweet. If not buy more carefully.  Those kinds of moves in that range you must have been involved in micro-small caps like biotechs. Thats where money goes to talk to itself and chew on its arm. You win big by finding an alien chip under your skin to reverse engineer or  far more likely just wind up eating yourself. If your not holding inside info or at the higher levels of a pyramid for a pump/dump you really shouldn't let your greed take you there. I can expect and stomach w/o worry being wrong at my buy time as much as 10-15% and live with it for a year or more because I see I'm buying a quarter for a dime and will continue to buy into it without staking everything though).  I bought in heavy when netflix (prior to split) was $50 or so hoping for a quick bounce and it sunk to like 20 something. No I didn't buy more, I felt like I just got my own .com bubble experience. I stopped looking at it,helpless to do anything other than eat a huge loss I adopted an out of sight out of mind thinking. I no longer wished to be in it, I felt like an ass for getting myself into it, it did NOT look good at the time and I risked a huge amount of capital for what I felt wrongly was a nice quick trade to make some thousands off. Checked it one day, must have wanted to hurt myself, and it was near $300 a share. My extreme loss had turned into something wonderful. A big tax bomb. Netflix eventually split and rose even more meteorically. I held on and only exited a while back and my worst mistake became my best success. Yet still, you trade like that, on unsound things, don't rely on getting the winning ticket because they are few and all others are losers. If your in for a penny you need to be in for the pound and help yourself immensely by sticking to sound stocks and currencies. You trade on news you may find yourself in Zimbabwe dollars with Enron stock. Bad footing, no matter the news or excitement is bad footing."}
{"_id": "432669", "title": "", "text": "Guild Wars 2 has a player-driven economy like what you're describing. It has some flaws - such as merchants in the world buying items at set prices, making sure that there's a 'floor' for certain items that no one goes below. But it's pretty efficient. Might look into it."}
{"_id": "432674", "title": "", "text": "Please just know that not all Orthodox Jews are like these people and its always the worse of any religion that gets the headlines unfortunately.  Ive been waiting for the Yeshivas to get busted over technology grants because I find it disgusting they get the money when they tell their own parent body that technology isn't allowed. I can't wait till Tech because a mandatory core curriculum and is tied to either teach it or lose government grants/money"}
{"_id": "432680", "title": "", "text": "Hybrids &amp; electrics are not quite ready for the prime time. The cost of manufacturing the batteries, let alone problems of efficiency, and eventually replacement, means that, without a massive and permanent increase in oil prices, widespread adoption is unlikely. I forget what the gasoline cost per gallon often cited is, for electric and hybrid vehicles to become competitive... I think it was typically north of $8/gallon. Of course, twenty to thirty years out, we quite well may have such. However, the cost of those vehicles won't be coming down without some near technological miracle, in both battery design and production - those who can afford $40,000 for a car will retain the autonomy granted by private transportation. Everyone else will probably clamor for meaningful public transportation options - and /or move to a more dense settlement pattern that does not mandate individual vehicle ownership"}
{"_id": "432719", "title": "", "text": "Sometimes that happens but usually it is for the cushy job, retirement benefits, entitlements and business deals (connections)...   The reason this happens is because of the blindfolded people (you) who insist on thinking positive for 2 reasons:  1. you are worried others will think negative of you.  2. you want to live in Lala land."}
{"_id": "432727", "title": "", "text": "\"Shares sold to private investors are sold using private contracts and do not adhere to the same level of strict regulations as publicly traded shares. You may have different classes of shares in the company with different strings attached to them, depending on the deals made with the investors at the time. Since public cannot negotiate, the IPO prospectus is in fact the investment contract between the company and the public, and the requirements to what the company can put there are much stricter than private sales. Bob may not be able to sell his \"\"special\"\" stocks on the public exchange, as the IPO specifies which class of stock is being listed for trading, and Bob's is not the same class. He can sell it on the OTC market, which is less regulated, and then the buyer has to do his due diligence. Yes, OTC-sold stocks may have strings attached to them (for example a buy back option at a preset time and price).\""}
{"_id": "432778", "title": "", "text": "I don't work in risk management in the bank I'm in, but do talk to them occasionally. Depending on what job you will actually do there, you need a very good math background. I would also consider a familiarity with programming to be needed for a lot of the jobs.  If you are considering risk management outside of the financial sector, I guess the bar will be lower. At least the company I used to work in had a Treasury/Risk Management group largely composed of finance and economics majors."}
{"_id": "432798", "title": "", "text": "\"FRM, but IIRC \"\"Risk\"\" is more of a reporting role in most banks nowadays.  Meaning you automate some tools that generate reports, and your job is to make sure the results are numerically consistent with industry standard (read: wrong) methodology, and capital rules.  Learn how to calculate VaR 20 different ways, some less useless than others, however mostly fundamentally useless.   Expected shortfall, so basically if there is a VaR break what is the expected loss (also useless!) as you will either by simulating based on some distribution that hopefully fits the data, or historical data which is supposed to repeat itself.   So to do this fun stuff: You're gonna need to know stochastic calculus (not necessarily but you should understand intuitively the formulas you're using), statistics (hypothesis testing), some econometrics/time series analysis, but key thing is programming.\""}
{"_id": "432799", "title": "", "text": "I never said Lyft passed Uber  * NOW + 2 years != NOW * x &lt; 2y != abs(x) &gt; abs(y)  As far as the numbers, I was conflating adjusted net revenue for Uber with their gross bookings, my bad. Still, once Alphabet invests in Lyft, I bet Lyft will overpass Uber."}
{"_id": "432802", "title": "", "text": "Our specialty at\u00a0BETH SCHIFFER CREATIVE DARKROOM\u00a0is large format and oversized printing. Equipped with a LAMDA AND Lightjet (50\u2033 by 120\u2033 max print size) we pride ourselves in being the fine artists\u2019 choice for our Digital C Prints and speciality printing."}
{"_id": "432805", "title": "", "text": "As far as I know, it has the same price, and effects on the market, as any other transaction..."}
{"_id": "432808", "title": "", "text": "If you take less than you think you are worth, you will hate that job with a purple passion in short order. Either make peace with the amount you settle on or move on."}
{"_id": "432828", "title": "", "text": "\"This would inevitably lead to a few gatekeepers from which everyone trusts the bonds (ibm GE etc), and millions of small businesses which will have absolutely no access to capital. Once this happens, you will quickly end up with a shadow banking system, where companies like GE switch from making stuff to basically being banks, giving loans to other small businesses with no access to capital, etc.   This is basically done in China in a slightly different way, but, the core state-owned enterprises have near unlimited access to capital, and they use this advantage to invest in, and buy up, any and all interesting companies, simply because they're the only organizations that can essentially \"\"print\"\" money. (Whether you agree with it being printing money or not, the fact is GE / IBM would be able to issue bonds almost whenever they want, similar to the Treasury's monthly bond auctions, and other firms simply unable to.)   So... then you have a few key companies with nearly unlimited right to \"\"print\"\" (used loosely) cash. They use this advantage to push on other businesses, buy them up, or control them in many ways. And then they use this position to eventually take over anything that looks interesting.   What you're imagining as being an open market where everyone's bonds have full information will quickly devolve into information overload, and people choosing the well known brands as their trusted source. Once that happens, the whole idea falls apart, and those few firms will find a way to control not only the money supply, but also who gets to use their money.   You will also have situations where some mom-and-pop takes John-LLC bonds as payment for dinner, and when they try to give John-LLC bonds to their suppliers, their suppliers say 'no thanks, we only deal in IBM bonds.\"\"   Mom-and-pop will find themselves stuck with paper that nobody wants to accept. And mom-and-pop will quickly find themselves in a cash flow crisis, as they have tons of paper, but none of their suppliers will accept that paper.   The only way to get out of this situation would be to convince IBM or GE to give Mom-and-pop some GE bonds in exchange for the John-LLC they have that nobody will accept. Of course, GE and IBM being in the enviable position as some of the few trusted money printers can refuse to accept John-LLC bonds except at a severe discount. \"\"We know John gave you John-LLC bonds to pay for his dinner worth $100, but, we'll only give you $40 worth of GE bonds for it.\"\"  Mom-and-pop will quickly be fucked and go out of business due to having no \"\"hard currency\"\" (aka trusted currency) that they can use to purchase their raw materials.  Demand for GE bonds will skyrocket as everyone seeks a safe-haven (a trusted currency almost everyone will accept), adn GE will find the entire market begging them to print bonds even at no interest just so that the money supply can increase to hold the full amount of trade occurring in the territory.   This is then no different from the Fed during the recession a few years ago (and up until now) where they sell tons of bonds at rock-bottom interest rates simly because all the world is looking for a safe place to put their cash.   The difference, of course, is that GE / IBM can take all this money and issue themselves HUGE bonuses, either on the cash directly or on the profit they've amassed by being the only trusted money issuer, whereas government officials can not.\""}
{"_id": "432850", "title": "", "text": "\"given your time frame I'm not sure if investing in a 529 is your best option. If you're investing in a 529 you may have to deal with market volatility and the amount you invest over the course of three years could be worth less than what you had initially invested when it comes to your child's college education. The main idea of starting a plan like a 529 is the time-frame for your investments to grow. You also have the option of \"\"pre-paying\"\" your child's college, but that has restrictions. Most of the state sponsored pre-pay plans limit you to state schools if that wasn't obvious. Also, the current political situation is tricky, and may influence the cost of education in ~3-4 years, but I'm not sure this is the proper place for that discussion. Also, as far as the viability of these, it depends state-by-state. I live in Illinois and don't think I would count on a payout given our current financial situation. You could, however, look into paying tuition now for a state school and it will be risk free in terms of inflation, but again, it's hard to anticipate the political scope of this. They also have private pre-pay plans, but that would limit your child's university options just as the state pre-pay. Check out this investopedia article on 529 plans, it's basic but will give you a high level overview. Bankrate has an overview as well.\""}
{"_id": "432866", "title": "", "text": "I used to work as a sale support for one of these companies. As a sale support I didn't get commission from the sale but a sale manager did and he made good money. However, I ended up doing a lot of the sales myself and never got any commission for it (even though the boss kept promising me that I would get them). It's relatively easy money, but I felt like you have to sell your soul a little. It's hard to justify for yourself that a 30% interest for a 6 month term is a great deal so you can get your guests to take the loan. Most of the clients you will likely get are the ones who 1) have little knowledge about finance and/or 2) cannot get a loan anywhere else. Nobody would get a loan with these companies if they have a better choice. I also found it was borderline harassment for my clients because I was forced to constantly call them few times a day to get them into taking our loan offers. I did end up leaving the company after three months because the boss was disrespectful, degrading and thought he could do it all himself.  Back to your question, it is not shady mostly because it's definitely legal but the sales tactics can be. That would depend on your management but I would say most companies probably employs similar tactics."}
{"_id": "432877", "title": "", "text": "I don't think it's fair to attribute Target's recent numbers to people preferring to shop online. The card information fiasco was still going on in the first quarter, and they had already been struggling from putting too many resources into Canada growth while seeing little results.   While I agree that the big-box store is probably a bit on the decline, until an online retailer can compete with price, convenience, and delivery time, there will still be a huge place in the market for the Wal-Marts of the world."}
{"_id": "432881", "title": "", "text": "&gt;90% of it goes into some investment, like shares or hedge funds, and so out of the real economy.  Seeing comments like this get upvoted really makes me suspicious about the grasp people here have on economics.   Investments and such are very much a part of the real economy. The point is to increase production and optimize distribution, not maximize swaps of dollars. An investment is money you give to a company so they can do something. Hopefully that money makes them more productive."}
{"_id": "432882", "title": "", "text": "I'm a PE, what the fuck are you to be talking about zoning laws?  Where does your insight come from on policy?  Your sophomoric spamming of this thread screams libertarian blog level education, you a CATO fan?    Hahahahaha, listen here you punk kid, you lost. Now go cry in a corner somewhere else, adults are talking.  What you describe cannot even exist in the real world, your ideology is incompatible with reality.  Your knowledge of economics is the same knowledge astrologers have about the cosmos.  It is embarrassing watching you trot out the same sad talking points that have been dismissed for decades upon decades like they are fresh new and exciting."}
{"_id": "432883", "title": "", "text": "Not sure about US. In India all Demat shares have a unique identity. Incase of splits or merging of shares, new ID's are created maintaining the linking of older ID's. The Demat holding entity would have all the history of a particular stock. It is mandatory to disclose the name of the person / entity who has purchased the shares. Of Course if shares are purchased by Fund houses or other aggregators then its the aggregators name that would be available. All this data is confidential and not meant for common consumption."}
{"_id": "432902", "title": "", "text": "\"Your question is based on incorrect assumptions. Generally, there's no \"\"penalty\"\", per se, to make a withdrawal from your RRSP, even if you make a withdrawal earlier than retirement, however you define it. A precise meaning for \"\"retirement\"\" with respect to RRSPs is largely irrelevant.* Our U.S. neighbours have a 10% penalty on non-hardship early withdrawals (before age 59 &half;) from retirement accounts like the 401k and IRA. It's an additional measure designed to discourage early withdrawals, and raise more tax.  Yet, in Canada, there is no similar penalty. Individual investments inside your RRSP may have associated penalties, such as the dreaded \"\"deferred sales charge\"\" (DSC) of some back-end loaded mutual funds, or such as LSVCC funds that generated additional special tax credits that could get clawed back.  Yet, these early withdrawal penalties are distinct from the RRSP nature of your account.  Choose your investments carefully to avoid these kinds of surprises. Rather, an RRSP is a tax-deferred account, and it works like this:  The government allows you to claim a nice juicy tax deduction, which can reduce your income tax at your marginal rate in the year you make a contribution, or later if you should choose to defer the deduction. The resulting pre-tax money accumulated in your RRSP benefits from further tax deferral: assets can grow without attracting annual income tax on earned interest, dividends, or capital gains. You don't need to declare on your income tax return any of the income earned inside your RRSP, unlike a regular investment account. Here's the rub: Once you decide to withdraw money from your RRSP, the entire amount withdrawn is considered regular income in the year in which you make the withdrawal.  Thus, your withdrawals are subject to income tax, and yes, at your marginal rate.  This is always the case, whether before or after retirement. You mentioned two special programs: The Home Buyers' Plan (HBP), and the Lifelong Learning Plan (LLP).  Neither the HBP nor the LLP permit tax-free withdrawals.  Rather, each of these programs are special kinds of loans that you can borrow from your own RRSP. HBP and LLP loan money isn't taxed when you get it because you are required to pay it back, and you pay it back into your own RRSP: You always pay income tax at your marginal rate on your RRSP withdrawals.** * Above, I said a precise meaning for \"\"retirement\"\" with respect to RRSPs is largely irrelevant.  Yet, there are ages that matter:  By the end of the year in which you turn 71, you are required to convert your RRSP to a RRIF. It's similar, but you can no longer contribute, and you must withdraw a minimum amount each year. Other circumstances related to age may qualify for minor tax relief intended for retirees, such as the Age Amount or the Pension Income Credit.  Generally, such measures don't significantly change the fact that you pay income tax on RRSP withdrawals at your marginal rate \u2013 these measures raise the minimum you can take out without attracting tax, but most do nothing at the margin.** ** Exception: One might split eligible pension income with a spouse or common-law partner, which may reduce tax at the margin.\""}
{"_id": "432935", "title": "", "text": "It's been a couple years since I worked on Transfer Pricing project.   It makes sense though. I'd imagine that's why Texas and Florida are doing, tax wise, so much better than California and other high tax states."}
{"_id": "432939", "title": "", "text": "Also, consider the possibility of early withdrawal penalties.  Regular 401k early withdrawal (for non-qualified reasons) gets you a 10% penalty, in addition to tax, on the entire amount, even if you're just withdrawing your own contributions.  Withdrawing from a Roth 401k can potentially mean less penalties (if it's been in place 5 years, and subject to a bunch of fine print of course)."}
{"_id": "432954", "title": "", "text": "No real transaxle that I'm aware of...  I think they only use what they call a transaxle to support the output shafts and provide reverse.  Very little of the complexity of a modern transmission - in fact pretty much none."}
{"_id": "432961", "title": "", "text": "As the other answers suggest, there are a number of ways of going about it and the correct one will be dependent on your situation (amount of equity in your current house, cashflow primarily, amount of time between purchase and sale). If you have a fair amount of equity (for example, $50K mortgage remaining on a house valued at $300K), I'll propose an option that's similar to bridge financing: Place an offer on your new house. Use some of your equity as part of the down payment (eg, $130K). Use some more of your equity as a cash buffer to allow you pay two mortgages in between the purchase and the sale (eg, $30K). The way this would be executed is that your existing mortgage would be discharged and replaced with larger mortgage. The proceeds of that mortgage would be split between the down payment and cash as you desire. Between the closing of your purchase and the closing of your sale, you'll be paying two mortgages and you'll be responsible for two properties. Not fun, but your cash buffer is there to sustain you through this. When the sale of your new home closes, you'll be breaking the mortgage on that house. When you get the proceeds of the sale, it would be a good time to use any lump sum/prepayment privileges you have on the mortgage of the new house.  You'll be paying legal fees for each transaction and penalties for each mortgage you break. However, the interest rates will be lower than bridge financing. For this reason, this approach will likely be cheaper than bridge financing only if the time between the closing of the two deals is fairly long (eg, at least 6 months), and the penalties for breaking mortgages are reasonable (eg, 3 months interest). You would need the help of a good mortgage broker and a good lawyer, but you would also have to do your own due diligence - remember that brokers receive a commission for each mortgage they sell. If you won't have any problems selling your current house quickly, bridge financing is likely a better deal. If you need to hold on to it for a while because you need to fix things up or it will be harder to sell, you can consider this approach."}
{"_id": "432972", "title": "", "text": "If it's raising $25 million with a debt to equity ratio of 50% then it's raising $8.33 million of debt and $16.67 million of equity. You've priced it as if it were raising $25 million of debt and $25 million of equity, which would be raising $50 million with a debt to equity ratio of 100%."}
{"_id": "432987", "title": "", "text": "\"&gt; Zuck the cuck  Is this what trumpets and alt-righters are calling him now?  Cuck is the worst fucking insult I've ever heard. It's practically meaningless now due to anything, and anyone being labeled a \"\"cuck\"\" for not toeing whatever the in-vogue viewpoint is at T_D.  W/e though... I'm ready for the inevitable \"\"BTFO CUCK\"\" retort.  &gt;He takes basic human instinct and exploits it.   As opposed to Trump exploiting fear through yelling about MUSLIMS!? BROWN PEOPLE!? CHYNA!?\""}
{"_id": "433003", "title": "", "text": "Using a simple investment calculator to get a sense of scale here, to have 70k total, including the 500 a month invested, after ten years you just need returns of 2%.  To earn 70k on top of the money invested you would need returns over 20%.  To do that in five years you would need over 50% annual return. That is quite a big difference.  Annualized returns of 20% would require high risk and a very large amount of time invested, skill and luck.  2% returns can be nearly guaranteed without much effort. I would encourage you to think about your money more holistically. If you get very unlucky with investments and don't make any money will you not go on the vacations even if your income allows?  That doesn't make a lot of sense.  As always, spend all your money with the current and future in mind.  Investment return Euros are no different from any other Euros. At that point, the advice is the same for all investors try to get as much return as possible for the risk you are comfortable with.  You seem to have a high tolerance for risk.  Generally, for investors with a high risk tolerance a broadly diversified portfolio of stocks (with maybe a small amount of bonds, other investments) will give the most return over the long term for the risk taken. After that generally the next most useful way to boost your returns is to try to avoid taxes which is why we talk about 401(k)s so much around here.  Each European country has different tax law, but please ask questions here about your own country as well as you mention money.se could use more ex-US questions."}
{"_id": "433018", "title": "", "text": "As you say life insurance is about covering the loss of income, so unless your child is an actor or musical prodigy or similar and already earning money, there is no income to cover, and in fact you would have less of a financial commitment without a child to provide for. The other angle is that child life insurance is cheap and they'll have lower premiums than an adult. I'll quote the referenced article directly to address that: Another ploy is that children's life insurance is cheap. It is inexpensive compared to adult life insurance because, plain and simply, children rarely die. While the numbers that the sales agent puts together may make children's life insurance sound like a great deal, take the time to run what you'd have if you instead invested the exact same amount used on the insurance fees into a Roth IRA and you'll find the true cost of purchasing this type of life insurance."}
{"_id": "433023", "title": "", "text": "Saxo Bank offers direct access to Athens Stock Exchange. Interactive Brokers is your next best bet, and as you probably already noticed, they do not have a free platform. They are open to US and non-US citizens. Although they do not currently have direct exposure to individual companies on the Athens Stock Exchange, the various european exchanges they do provide direct market access for will give a lot of exposure. There are a few Greek companies that trade on non-Greek stock exchanges, if you want exposure. There are also Greek ETFs which bundle several companies together or try to replicate Greek company indices."}
{"_id": "433032", "title": "", "text": "Classes of shares are not necessarily standardized. Some share classes have preference above others in the event of a liquidation. Some share classes represent a different proportion of ownership interest. Any time you see multiple share classes, you need to research what is different for that specific corporation."}
{"_id": "433035", "title": "", "text": "The Bank Secrecy Act of 1970 requires that banks assist the U.S. Gov't in identifying and preventing money laundering. This means they're required to keep records of cash transactions of Negotiable Instruments, and report any such transactions with a daily aggregate limit of a value greater than (or equal to?) $10,000. Because of this, the business which is issuing the money order is also required to record this transaction to report it to the bank, who then holds the records in case FinCEN wants to review the transactions. EDITED: Added clarification on the $10,000 rule"}
{"_id": "433041", "title": "", "text": "Yes, it's not the founders who are doing the con -- it's the venture capitalists, who lead you to believe you're special, knighted, can have money for free, and who either don't really help you or in, for example, meddle, force board members on you, force you to sell, etc."}
{"_id": "433046", "title": "", "text": "\"The combination of this headline in this subreddit seems to be implying there are financial problems New York financiers are facing wether it's the individual being over leveraged or the bank giving out bad loans.  When this couldn't be further from reality.   It was a Nigerian \"\"businessman\"\" who purchased the unit, and financed it through a bank in Luxembourg.   http://www.dailymail.co.uk/news/article-4642282/Kolawole-Aluko-foreclosed-Billionaires-Row-penthouse.html\""}
{"_id": "433065", "title": "", "text": "\"&gt; I liked the work. But I was never going to like it enough to blow a weekend doing more of it for free.  He wasn't working *for his employer* \"\"for free\"\", he was **\"\"working\"\" for himself**.  He had something to show for it, as in 'a network in his house'; that he didn't have to *pay someone else* to do or make. He also probably increased his value to his employer just as much as if he'd taken a class on Saturday morning instead.  Jeez, Louise; is a garage mechanic who fixes his own car on the weekend *instead of paying other garage mechanics* \"\"blowing his weekend\"\"?\""}
{"_id": "433066", "title": "", "text": "\"Consumer Reports offers a service that can tell you detailed actual cost to a dealer for a specific model and accessories -- real cost after rebates, not just invoice price. It costs a bit to order these reports, but if you are serious about buying a new car they are a highly recommended tool -- cu is independent and will give you the best info available, and simply walking into the dealership with the report in your hand can save huge amounts of negotiating. \"\"If you can give it to me for $500 over the real price, as shown here, I'll sign now.\"\" Of course, standard advice is that it's usually better to buy a recent-model used car. I believe cu has other reports that can help you determine what a fair price is in that case, but usually I just bring it to a trusted garage and pay them to tell me exactly how much work it needs and whether they think it's worth the asking price.\""}
{"_id": "433069", "title": "", "text": "I personally spoke with a Questrade agent about my question. To make a long story short: in a margin account, you are automatically issued a loan when buying U.S. stock with a Canadian money. Whereas, in a registered account (e.g. RRSP), the amount is converted on your behalf to cover the debit balance. Me: What happens if I open an account and I place an order for U.S. stocks   with Canadian money? Is the amount converted at the time of transfer?   How does that work? Agent: In a margin account, you are automatically issued a loan   for a currency you do not have, however, if you have enough buying   power, it will go through. The interest on the overnight balance is   calculated daily and is charged on a monthly basis. We do not convert   funds automatically in a margin account because you can have a debit   cash balance. Agent: In a registered account, the Canada Revenue Agency does not allow a debit   balance and therefore, we must convert your funds on your behalf   to cover the debit balance if possible. We convert automatically   overnight for a registered account. Agent: For example, if you buy U.S. equity you will need USD to buy it,   and if you only have CAD, we will loan you USD to cover for that   transaction. For example, if you had only $100 CAD and then wanted to   buy U.S. stock worth $100 USD, then we will loan you $100 USD to   purchase the stock. In a margin account we will not convert the funds   automatically. Therefore, you will remain to have a $100 CAD credit and   a $100 USD debit balance (or a loan) in your account. Me: I see, it means the longer I keep the stock, the higher interest   will be? Agent: Well, yes, however, in a registered account there will be not   be any interest since we convert your funds, but in a margin account, there will   be interest until the debit balance is covered, or you can manually   convert your funds by contacting us."}
{"_id": "433074", "title": "", "text": "Not exactly. From OP's X-post, this appears like textbook tortious interference.  If it were me, I'd demonstrate to the customer why they are getting a better deal and at the same time, I'd have my attorney send a C&amp;D to the offending competitor."}
{"_id": "433083", "title": "", "text": "\"Because until the end of the Cold War, India was \"\"non-aligned\"\" but lightly supported the USSR because Pakistan was cozy with the US. As a result, it was pretty low on the immigration list for US authorities.  Also, there isn't any history of Indian immigration to the US beyond the last 30 or so years. Other minorities, like the Chinese and Japanese, began coming here a century ago.\""}
{"_id": "433118", "title": "", "text": "\"Because there is more to american made than where it's assembled.   An assembly line worker makes 20-30 an hour after the recession at a UAW plant. At a southern plant, 15-25.   A 65k a year job pays 9000 in single filed income taxes, less if they're married. Again, there is more than assembly with vehicles, just because it's the most car manufactured by the most Americans, doesn't mean it's the best car to support America. And people use the \"\"american made\"\" index to justify that they are actually better \"\"americans\"\" for buying a Camry vs a Malibu\""}
{"_id": "433129", "title": "", "text": "\"There is no such thing as a \"\"one for one\"\" split. It's either N for 1, or 1 for N in a reverse split.  And for either, N can't be 1.  Yes a 3:2 can happen, but I still read it as 1.5 for 1.\""}
{"_id": "433160", "title": "", "text": "The taxi industry operates differently in every jurisdiction. I live in Vancouver BC and the taxi business here is archaic (think transportation before deregulation) so I would welcome Uber as an alternative.   There is a reason a license to operate a cab in Vancouver is worth $500,000+ each. Monopolies, bitch."}
{"_id": "433165", "title": "", "text": "Thank you m4d4sb34ns for voting on haikubot-1911.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "433166", "title": "", "text": "I recommend you ask this question to a qualified mortgage broker.  We just closed on our first house.  My wife & I have had several years of stable jobs, good credit scores, and a small side business with 1040 Schedule-C income... and we were surprised by the overwhelming amount of documentation we needed for the loan.  For example, we had 3 checks deposited to our bank account for $37.95.  We had to provide copies of the checks, deposit slip and a letter explaining the deposit.  One reason we might have had so much trouble:  the mortgage broker we selected sold our loan to a very picky lender.  On the plus side, we obtained a competitive rate with extremely low closing costs on a 30 year fixed mortgage.  However, I can't imagine the headaches we would've incurred if one of us were changing jobs to 1099 income."}
{"_id": "433169", "title": "", "text": "\"You keep saying this is based on data.  Please feel free to provide peer reviewed data supporting your stance that smoking impacts income.  I'm always happy to learn something new, but I'd need to see a valid source other than, \"\"Because I say so\"\".  Which is what you just said again.  Though this time you made a call to authority based on your undergrad degree.\""}
{"_id": "433171", "title": "", "text": "You're halfway done with the debt elimination.  Keep up the good work. The student loan debt will get in your way a couple of ways when you look to finance a house.  First, your debt to income ratio will be higher than without the debt, so you'll be able to qualify for a smaller loan with the debt than without.  Second, you'll have the student loan payments in addition to your mortgage.  This may wear on you. I'd look for ways to make extra money to knock out those student loan debts ASAP.  The rates aren't horrible.  That, and I think there is still some time before the housing market bottoms out, so you don't need to rush into the house. If you can handle the entire debt load (student loans + mortgage) then if you save up for the down payment, that money isn't being used to pay down your student loans, and paying your students loans off won't get any easier when you get a mortgage on top of that."}
{"_id": "433175", "title": "", "text": "Curing cancer is big business.     Hyping cancer cures is even bigger business.     QED, belongs in r/business.  Please note that the applicability of any particular cure to any particular variety of cancer has no bearing on the level of hype surrounding it, nor on how much money the venture will demand from the public."}
{"_id": "433197", "title": "", "text": "\"Yes and no.  There are different classes of shares - Some have voting rights, some *don't*.  Some take precedence over others in a bankruptcy.  Some get larger dividends.  \"\"Common\"\" isn't really a useful description of your stake in the company.  You *do* have a \"\"stake\"\" in the company, but not all shares are equal.\""}
{"_id": "433210", "title": "", "text": "\"EPS is often earnings/diluted shares. That is counting shares as if all convertible securities (employee stock options for example) were converted. Looking at page 3 of Q4 2015 Reissued Earnings Press Release we find both basic ($1.13) and diluted EPS ($1.11). Dividends are not paid on diluted shares, but only actual shares. If we pull put this chart @ Yahoo finance, and hovering our mouse over the blue diamond with a \"\"D\"\", we find that Pfizer paid dividends of $0.28, $0.28, $0.28, $0.30 in 2015. Or $1.14 per share. Very close to the $1.13, non-diluted EPS. A wrinkle is that one can think of the dividend payment as being from last quarter, so the first one in 2015 is from 2014. Leaving us with $0.28, $0.28, $0.30, and unknown. Returning to page three of Q4 2015 Reissued Earnings Press Release, Pfizer last $0.03 per share. So they paid more in dividends that quarter than they made. And from the other view, the $0.30 cents they paid came from the prior quarter, then if they pay Q1 2016 from Q4 2015, then they are paying more in that view also.\""}
{"_id": "433213", "title": "", "text": "Carrying a small balance is generally better for your credit score that paying off in full every month by virtue of the statistics and models that give you a credit score for a certain product. Banks don't want to lend to customers that aren't going to be profitable, in my experience customers who can show that they have credit over time are generally awarded a higher score. So my advice would be to keep a small, manageable balance on the credit card, paying off the balance and then spending a little again on the card to keep at roughly constant balance. This revolving credit is the purpose of the product, and by showing you can use it sensibly, you will be rewarded over time. Source: I build credit scoring models for a big UK lender, specialising in credit cards and personal loan modelling."}
{"_id": "433221", "title": "", "text": "It's easy to say this after the fact, but other industries that have heavily outsourced did so successfully.  It's just Boeing that failed.  This is probably because building airplanes is very complex and alot of precision is needed in designing the parts.  This being said, before the outsourcing failure, it was not obvious that it would be."}
{"_id": "433239", "title": "", "text": "Scientist Harry Coumnas and his team of astronomers have spotted a 15 powerful burst of radio waves that vanished as quickly as they appeared. It was a fast radio burst that the scientist has been trying to figure out what these things are."}
{"_id": "433245", "title": "", "text": "You will not be able to.  Here is why you don't have the collateral.   You have a car that is probably not worth 10k.  Also you probably do not have a simple interest loan.  You have to look at your contract.  Make sure that there is not early payment fee.  Also look for the rule of 78's   Explanation of Rule of 78's I can't sugarcoat this chances are you were ripped off because you had bad credit putting you into an even deeper hole."}
{"_id": "433256", "title": "", "text": "You weren't eligible for a 401K in 2010, but you were eligible for an individual IRA.  If you had known by April 18th that you had this extra money, you could have deposited (not rolled over) the money, up to the maximum ($5,000 or so, I think), into an IRA account  You could do that because you didn't participate (legally) in an employer retirement program. But you didn't learn until early May, so you missed that deadline.  I doubt that the IRS has any provisions for waiving that April 18th deadline, but I could be wrong: see the IRS publications. In any case, to answer the question directly - no, you can't roll over the money you're getting back, because it was mistakenly in the 401K plan.  It will now become part of your 2011 income, and so you'll owe taxes on it when you file your tax return for the tax year 2011, in early 2012."}
{"_id": "433257", "title": "", "text": "\"[Trump1.](https://www.washingtonpost.com/news/post-politics/wp/2016/12/09/the-six-donors-trump-appointed-to-his-administration-gave-almost-12-million-with-their-families-to-his-campaign-and-the-party/?utm_term=.4f6b79680e9e)    [Trump2.](http://www.alternet.org/right-wing/trumps-single-biggest-donor-robert-mercer-has-merciless-political-agenda)    [Trump3.](https://www.theatlantic.com/politics/archive/2016/05/trumps-self-funding-lie/482691/)    [Trump4.](https://www.nytimes.com/2017/04/19/us/politics/trump-inauguration-sheldon-adelson-fundraising.html)    Should I go on?  Just because Hillary got more big money hardly means Trump didn't have his share of the 20%.  But facts are stubborn things, no?      I really hope you are enjoying this really shitty time in American history by lying to yourself thinking that he represents \"\"the people\"\".\""}
{"_id": "433259", "title": "", "text": "Check the beta, as the market is down this week you can see how much of it is explained just by variance and covariance.  Also, look at their recent strategy, they are pulling the old razor blades (sell the razor at a loss, blades are the killing) across multiple product lines."}
{"_id": "433260", "title": "", "text": "\"If we take only the title of the question \"\"can the CEO short the stock\"\": It was probably different before Enron, but nowadays a CEO can only make planned trades, that is trades that are registered a very long time before, and that cannot be avoided once registered. So the CEO can say \"\"I sell 100,000 shares in exactly six months time\"\". Then in six months time, the CEO can and must sell the shares. Anything else will get him into trouble with the SEC quite automatically. I don't know if shorting a stock or buying options can be done that way at all. So it's possible only in the sense of \"\"it's possible, but you'll be in deep trouble\"\".  Selling shares or exercising share options may indicate that the company's business is in trouble. If the sale makes that impression and everyone else starts selling because the CEO sold his shares, then the CEO may be in trouble with the board of directors. Such a sale would be totally legal (if announced long time ahead), but just a bad move if it makes the company look bad. Shorting sales is much worse in that respect. If the CEO wants to buy a new car, he may have to sell some shares (there are people paid almost only in share options), no matter where the share price is going. But shorting shares means that you most definitely think the share price is going to drop. You're betting your money on it. That would tend to get a CEO fired, even if it was legal.\""}
{"_id": "433261", "title": "", "text": "I see three ways to do this. Note that I kept saying interest. I assumed for this answer you were only considering money being saved in a savings account. Money that is to be invested for the long term (college fund, retirement) have much different rules for contributions, use, deductibility, age rules: that they would tend not to be mixed within the same account."}
{"_id": "433266", "title": "", "text": "I do not meet your qualifications but this is what I would do: 1)  Save an amount that can replace your bike and accessories if it is stolen.  Don't touch it for anything but that. 2)  Compute an average monthly cost for maintenance items, double that for a couple of months until you have the account built up, then budget that amount every month. If your bike/headlight/front tire, get stolen or broken beyond repair, take it out of the first account.  Then your savings priority should be to rebuild that account.  I would be a bit alarmed if you have to keep hitting this account for legitimate reasons. When a tire goes flat, or other normal wear and tear item occurs, take it out of the second account.  This account should fluctuate regularly, and it is normal.  During certain months you may want to increase this amount (more glass on the street because of outdoor events means more flat tires). The same kind of thing holds true for a car. Putting numbers to some figures would help. I think the most alarming thing about your post is that a theft is somewhat ordinary.  Yikes!"}
{"_id": "433292", "title": "", "text": "Nope pay the employer back the due does not involve any tax. Just keep a record of the transaction so that its available as reference."}
{"_id": "433319", "title": "", "text": "If you want the latest design in aromatherapy pendants, then you should choose the right place for you. We have a large collection of pendants that's made of high quality material, you can buy at the lowest price your favorite  jewelry. Get the aromatherapy  pendants at the cheapest price that gives you a unique look. These necklaces are made of high quality material which is durable for long time. It has been become a very popular place in USA. The aromatherapy diffuser pendants  made by Izzy Bell Boutique.  Every jewelry is so solid and the front consists of the unique laser cut design to allow the oils necklace. We give you superb look to everyone women."}
{"_id": "433324", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Operational Excellence: Your Company's Future Depends On It](https://np.reddit.com/r/talkbusiness/comments/78pz4r/operational_excellence_your_companys_future/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "433340", "title": "", "text": "There is a strange puzzle today where savings account interest rates are not rising in-line with the Federal Funds rate. Either customers are apathetic to their alternative uses of cash, or banks have some-how formed a cartel to keep their cost of funding low. I'm leaning towards the former since bank customers today likely value readily accessible cash more than the interest rate they could earn by investing in money market mutual funds."}
{"_id": "433357", "title": "", "text": "You're championing policy that would allow businesses to pay as little as they like for work, which has *historically* proven disastrous and inhumane, because forcing them to pay a decent wage opens the door to *businesses* being racist.  Then, you're calling the left racist for encouraging the policy.  What utter madness."}
{"_id": "433366", "title": "", "text": "\"Is it unwise to not have any kind of retirement account? etc. Yes.  :) Why?  Because they allow tax-free growth, and that's always good. and placed it in an online bank's checking account with 0.76% APY. If nothing else, move some of it into an online bank's savings account at 1.2% and the rest into a set of \"\"laddered\"\" CDs at about 1.5%. Do that to your \"\"six months emergency fund\"\" money, and whatever money you plan on using for a condo DP.   Invest the rest.\""}
{"_id": "433371", "title": "", "text": "BrenBarn did a great job explaining your options so I won't rehash any of that. I know you said that you don't want to save for retirement yet, but I'm going to risk answering that you should anyway. Specifically, I think you should consider a Roth IRA. When it comes to tax advantaged retirement accounts, once the contribution period for a tax year ends, there's no way to make up for it. For example in 2015 you may contribute up to $5,500 to your IRA. You can make those contributions up until tax day of the following year (April 15th, 2016). After that, you cannot contribute money towards 2015 again.  So each year that goes by, you're losing out on some potential to contribute. As for why I think a Roth IRA specifically could work well for you: I'm advocating this because I think it's a good balance. You put away some money in a retirement account now, when it will have the most impact on your future retirement assets, taking advantage of a time you will never have again. At a low cost custodian like Vanguard, you can open an IRA with as little as $1,000 to start and choose from excellent fund options that meet your risk requirements. If you end up deciding that you really want that money for a car or a house or beer money, you can withdraw any of the contributions without fear of penalty or additional tax. But if you decide you don't really need to take that money back out, you've contributed to your retirement for a tax year you likely wouldn't have  otherwise, and wouldn't be able to make up for later when you have more than enough to max out an IRA each year. I also want to stress that you should have a liquid emergency fund (in a savings or checking account) to deal with unexpected emergencies before funding something like this. But after that, if you have no specific goal for your savings and you don't know for sure you'll actually need to spend it in the near future, funding a Roth IRA is worth considering in my opinion."}
{"_id": "433428", "title": "", "text": "&gt; It seems outsourcing tech usually turns out to be a disaster for most companies in the long term  Source? I think you usually only hear about failures, but who would brag about successfully moving operations abroad? You can hire decent developers for less than in the US pretty much everywhere in the world, but you can't bee too greedy."}
{"_id": "433432", "title": "", "text": "By your own logic this may not work. Tax cuts which are matched by government spending cuts will have an immediate negative effect on the economy as government spending contributes a very sizeable chunk of the GDP and employs a not at all insignificant workforce.  Thus for the net total economic growth to compensate at the very least that entire tax cuts has to be spent in the economy preferably in sectors where the income velocity of money is the highest. Income velocity has often been proven to be the highest among the low income sections while the lowest among the high income sections. For example if the corporate tax cuts is just invested as share buybacks the net velocity is tiny even though share prices will increase.  What proof do you really have that this will not be case? Let alone 35 years, even recent data has shown that increasing the monetary supply to corporate America does not really translate to sustained GDP growth as the money velocity remains abysmal. This has been demonstrated both on a state level in Kansas, and in a slightly different way at the federal level through our experience with quantitative easing."}
{"_id": "433450", "title": "", "text": "&gt; flywheel  The concept predates prime.  Bezos has been fixed on it with Amazon since the 90s. I forget where he picked it up from, could have been from Wallmart execs, or Sam Waltons autobiog.  It's detailed in The Everything Store."}
{"_id": "433454", "title": "", "text": "Agreed. We have billions of people to feed. Food production needs to be highly efficient for the sake of the planet. Don't like it? [Donate money](http://www.chaseafrica.org.uk/) to efforts in Africa to spread contraception use, to stop the human population growing so much.  &gt;The list of foods in which ammonium hydroxide is used as a direct food additive is extensive and includes baked goods, cheeses, chocolates, other confectionery (e.g., caramel),  and puddings.  Ammonium hydroxide is also used as an antimicrobial agent in meat products.     &gt;Ammonia in other forms (e.g., ammonium sulfate, ammonium alginate) is used in condiments, relishes, soy protein concentrates/isolates, snack foods, jams and jellies, and non-alcoholic beverages.  &gt;The World Health Organization has listed hundreds of food types that may be processed using ammonium hydroxide when used in accordance with good manufacturing practices.  These include dairy products, confections, fruits and vegetables, baked goods, breakfast cereals, eggs, fish, beverages such as sports drinks and beer, and meats."}
{"_id": "433469", "title": "", "text": "Visit us at http://www.towing-del-rey.com/ Towing-del-rey provides reliable towing services, Offered during emergencies and any towing services. Since we do not know when such incidents may happen, it is truly great to know that there is someone we can count on."}
{"_id": "433471", "title": "", "text": "I understand the question, I think. The tough thing is that trades over the next brief time are random, or appear so. So, just as when a stock is $10.00 bid / $10.05 ask, if you place an order below the ask, a tick down in price may get you a fill, or if the next trades are flat to higher, you might see the close at $10.50, and no fill as it never went down to your limit.  This process is no different for options than for stocks.  When I want to trade options, I make sure the strike has decent volume, and enter a market order. Edit - I reworded a bit to clarify. The Black\u2013Scholes is a model, not a rigid equation. Say I discover an option that's underpriced, but it trades under right until it expires. It's not like there's a reversion to the mean that will occur. There are some very sophisticated traders who use these tools to trade in some very high volumes, for them, it may produce results. For the small trader you need to know why you want to buy a stock or its option and not worry about the last $0.25 of its price."}
{"_id": "433478", "title": "", "text": "\"Would it make sense to take a loan from a relative... Other people have pointed this out, but honestly, I'd be very reluctant to answer \"\"yes\"\" to this no matter how you completed that sentence. There's always an intangible risk to mixing money and relationships. There's a lot that can go wrong during the duration of the loan, and if it does, the consequences could be a lot greater than just a bad credit score.\""}
{"_id": "433490", "title": "", "text": "The reason for such differences is that there's no source to get this information. The companies do not (and cannot) report who are their shareholders except for large shareholders and stakes of interest. These, in the case of GoPro, were identified during the IPO (you can look the filings up on EDGAR). You can get information from this or that publicly traded mutual fund about their larger holdings from their reports, but private investors don't provide even that. Institutional (public) investors buy and sell shares all the time and only report large investments. So there's no reliable way to get a snapshot picture you're looking for."}
{"_id": "433500", "title": "", "text": "The best way to gauge the state of the economy is to look at a chart of the stock market indexes in that particular country. The second way to gauge the state of an economy is to look at a chart of existing and new home sales in that country. Asset inflation is the #1 indicators. Also, it doesn't matter if the markets are filled with useless junk. Facebook is the same Facebook as before and it has risen 10 fold. The only thing that matters is the price of the indexes, themselves. Also, the media and media, both say that the markets are in bad shape constantly because they are constantly negative. Things are so negative that the negativity has even spilled over to this post. But, during all this negativity, the prices of all assets have continued to multiply at exuberant proportions."}
{"_id": "433516", "title": "", "text": "The time horizon is usually very short for a home down payment. I would use Certificates of Deposit (CDs) with a short maturity (in the horizon of your intended use) or Money Market accounts. Depending on what the interests rates are where you are looking. You don't want the money in the market 100% (i.e. stocks) as the fluctuations might be too wide around the time you intend to pull the money out (and that will be soon)."}
{"_id": "433541", "title": "", "text": "Firstly, tax credits are not confiscated taxpayer dollars, they are taxpayer dollars which are NOT confiscated.  Secondly, all forms of transportation (and energy production) receive billions in 'confiscated taxpayer dollars'.  Sometimes when the future is clear (electric vehicles), it's worthwhile to provide temporary subsidies to jumpstart an industry.  Tax credits are an excellent way to change taxpayer behaviour.  If the government prefers electric vehicles as one way of reducing air pollution, tax credits seem a remarkably cost effective way of doing so in comparison to some of the other options people discuss (higher taxes on gasoline, for example, or more restrictive regulation on car manufacturers)."}
{"_id": "433587", "title": "", "text": "\"You are legally able to contribute more than 4% to your 401(k) (unless you've hit the actual limit).  There is no reason you need to pull out your \"\"extra\"\" contribution.  So basically they just want their $27.50 back. So offer (via email or writing) to send them a check.  You obviously don't work there any more, so if they insist it comes from your IRA or are not willing to accept a check, tell them to @%#&* off (OK, not really, that would be unprofessional, but that's the general idea).  They overpaid you by $27.50, and you are legally bound to return the extra pay, but not to put up with their BS.  Tell them you've offered to pay, and if they don't want to accept a check, they can sue you for it to try to get it in the form they prefer (which they won't do, and even if they did, at most the judge would just tell you to write a check - which you offered from the outset, so they'd probably owe your legal fees).\""}
{"_id": "433590", "title": "", "text": "\"&gt;  BP's spill happened because a complex organizational structure didn't work as intended  That is one way to put it. There were more than a few checks and balances that had to fail for it to get as far as it did. Further they knew the risks, it wasn't called \"\"Deep water horizon\"\" for kicks.  Either way, I've not heard good things about BP from ex-employees. Both about BP's internal attitude towards general safety and risk reduction. While other employees from other companies its a much broader mix of positive/negative.\""}
{"_id": "433611", "title": "", "text": "\"The quantity are going to get booty raped when the cycle turns. The unprecedented bull run has lead to their models being skewed which is bad news for the quants who are the \"\"programmer funds\"\" you reference. I'm just an analyst and I use python regularly for my job, but I don't think AI can replace expertise.\""}
{"_id": "433630", "title": "", "text": "Okay, I guess we can start there:  My argument that taxes are a civic duty and patriotic is because they pay for the stability, safety, and basic essential services that I require and expect from a modern, civilized nation. The services that they pay for extend well outside of my basic needs, and therefor are for a greater good. They also help to maintain the success and livelihood of the nation and its people - thus the patriotism that I associate with taxes."}
{"_id": "433633", "title": "", "text": "&gt;As it turns out, the idea that your parents paid less for their house than you will is only true in absolute terms  People carrying a similar amount of mortgage debt doesn't solidify this conclusion at all, as people have not been buying houses because they can't afford them. There were about 600k new home sales this year vs about 800k in 1985; despite population differences of 323m vs. 238m."}
{"_id": "433634", "title": "", "text": "After the deal, which is expected to close by early next year, Burger King and Tim Horton said their newly combined company would have about $23 billion in sales and more than 18,000 locations. The corporate headquarters will be in Canada, but Burger King will still be operated out of Miami.  So it can be considered an inversion.    Do you understand how companies avoid taxes in these deals?  The US taxes all your revenue at 35% and then gives you credit for foreign taxes paid.  In many other countries, they just tax you for domestic revenue, not world wide.   So previously, Burger King had to pay 35% tax on all revenue world wide, and then got back credits for taxes paid in say, Canada or England.   Now, they will pay 35% only on US income and the foreign tax in those countries it operates, which can be much less than 35%."}
{"_id": "433646", "title": "", "text": "\"In these situations, one solution is to use the \"\"I was just about to ask you the same thing...\"\" response. This is kind of a famous way to deal with people asking you for money, whether it's someone asking to borrow \"\"$10 at lunch time\"\" or \"\"$3000 for a car\"\" or the like. So: Person X asks you for money, say $2000. Your reply: Ah, that's bad luck, I was just about to ask you the same thing... Follow this immediately - just keep talking - by launching in to a really incredibly detailed discussion of why you need to borrow money (pick a slightly larger amount, slet's ay $3500).  Just \"\"keep talking\"\" and don't let the other person get a word in. Go in to great detail about just what you need the $3500 for and why. It's a good trick.\""}
{"_id": "433659", "title": "", "text": "The last mattress I bought was in a store and I paid $500 for it. It is a queen size pillow top that I've had for 10 years and is still excellent.  Why people are buying mattresses anywhere for thousands of dollars baffles me."}
{"_id": "433662", "title": "", "text": "Just going to point out that the $5.2 figure includes gains from outside of the us. Considering he said that we gained that money, it'd be pretty normal to interpret it as part of the domestic gains. Also Wilbur Ross is trump's secretary of commerce and part of the administrstion, trump getting figures from him is still his responsibility."}
{"_id": "433666", "title": "", "text": "&gt; (1) The value of the MBA is in the network  Really?  That's the value?  No, it's the letters behind your name that people look at when you submit an application / resume.  If it's not there they pass you by.  Furthermore, an MBA isn't the only way to build a network.  Also, congrats on finding some great entry level jobs.  When this kid is thinking about his 1st promotion and his peers already have an MBA, he's screwed.  Great for the kids at your school... they're not eligible for anything other than entry level jobs without one.  You're behind the trend.  Sorry, you're giving the kid bad advice.  It will not do him any harm to get it right away."}
{"_id": "433677", "title": "", "text": "exactly this. of course young millennials want to be downtown where the action is. once you have kids, the whole dynamic of your life changes and the things you need and want access to change as well.   but apparently it's easier to just lump an entire generation together when trying to define their needs and wants."}
{"_id": "433681", "title": "", "text": "You want to bend over and take it up the ass by a bunch of tyrants you go ahead, but true patriots know that the fight to preserve our constitutional rights never ends. It certainly doesn't end on a Friday afternoon because some troll shows up and tells you it ended last week.  They are **_inalienable_** rights. That means you or anyone else cannot take them away, and they cannot be signed away. Period.  Our grandparents fought and died for this protection and you would simply throw it away without a fight. Shame on you.  All of you dissidents should spend some time to really learn what the constitution grants you, and then spend the rest of your days helping defend it against those who would try to nickle and dime it to death. You're either with us or you're against us."}
{"_id": "433684", "title": "", "text": "It's the rate of return on new opportunities. The rate on existing projects isn't relevant. If you buy a bond 10 years ago when market Interest rates were 8%, and you have cash to buy another bond today, it is today's interest rates that are relevant, not the rates 10 years ago."}
{"_id": "433688", "title": "", "text": "Commercials aren't really designed to make you go out and buy a product right then and there but to keep that brand in your mind so that when you begin shopping they're part of your list.   Also if you watch sports then skipping them isn't really an option and that's the biggest draw for TV networks."}
{"_id": "433690", "title": "", "text": "\"Furthermore, the \"\"trust fund\"\" the article talks about doesn't really exist - they SSAdmin just owns treasury bills, which as we all know are obligations of the U.S. government.  So - in order to exhaust the \"\"trust fund\"\" you have to expect the U.S. treasury to repay the SSAdmin in full - which we can debate about whether that is a fair assumption or not.\""}
{"_id": "433727", "title": "", "text": "Parents are eminently capable of gifting to their children.  If it's a gift call it a gift. If it's not a gift, it's either a loan or a landmine for some future interpersonal familial interaction (parent-child or sibling-sibling).  I an concerned by some phrasing in the OP that it is partially down this path here.  If it's a loan, it should have the full ceremony of a loan: written terms and a payment plan (which could fairly be a 0% interest, single balloon payment in 10 years or conditional on sale of a house or such; it's still not a gift)."}
{"_id": "433730", "title": "", "text": "I think it may be best to take everything you're asking line-by-line. Once you buy stocks on X day of the month, the chances of stocks never actually going above and beyond your point of value on the chart are close to none. This is not true. Companies can go out of business, or take a major hit and never recover.  Take Volkswagen for example, in 2015 due to a scandal they were involved in, their stocks went downhill. Now their stocks are starting to rise again. The investors goal is not to wait as long as necessary to make a profit on every stock purchase, but to make the largest profit possible in the shortest time possible. Sometimes this means selling a stock before it recovers (if it ever does). I think the problem with most buyers is that they desire the most gain they can possibly have. However, that is very risky. This can be true. Every investor needs to gauge the risk they're willing to take and high-gain investments are riskier.  Therefore, it's better to be winning [small/medium] amounts of money (~)100% of the time than [any] amount of money <~25%. Safer investments do tend to yield more consistent returns, but this doesn't mean that every investor should aim for low-yield investments. Again, this is driven by the investor's risk tolerance. To conclude, profitable companies' stock tends to increase over time and less aggressive investments are safer, but it is possible to lose from any stock investment."}
{"_id": "433739", "title": "", "text": "I use my Acer W500 (Windows 7 64bit) for browsing Internet (porn, news, reddit, wikipedia) and reading books. Haven't found any other reason to use it yet. Maybe if I would do some work that requires lot's of walk work and browsing inventory, it could have some additional use. I wonder what kind productivity improvements MS is planning."}
{"_id": "433741", "title": "", "text": "Technically it does. The value is that you have higher credentials that are tangible to a business. When choosing between two people of same experience and background, the person with the MBA will likely have a higher chance of earning a job.   Down vote my comments all you want, I didn't come here to circle jerk with MBA's. I came here to discuss and I appreciate you getting into a healthy debate with me, I personally enjoy it. I was a psychology major in undergrad and a part of me wishes I pursued something in psychology. I guess it's never too late."}
{"_id": "433744", "title": "", "text": "I do this, and as you say the biggest downside is not having a separate account for your savings.  If you're the type of person who struggles with restraint this is not for you. On the other hand this type of account gives more interest than any other type of US Checking or Savings account I've seen, so you will benefit from the interest."}
{"_id": "433766", "title": "", "text": "First, request that you complete a tax return. On this tax return, you will complete both the employed and self employed sections. This will give you a total income and tax liability. You will already have paid some tax via PAYE, but you will have to pay additional tax for any other income. For future years there is the option, depending on amount, to collect extra tax through PAYE to cover the other earnings. If it is likely to be the same for the next few years, this may be a better option than paying a lump sum. The tax return is now mostly online, and not too bad if your affairs are otherwise simple. The hardest part will be keeping a good record of your other earnings. Remember that you have to keep these records for seven years in case HMRC ever want to audit them, and it's a good idea to have a separate account for the income, or some other way of easily identifying it."}
{"_id": "433783", "title": "", "text": "Use only premium quality Blender at your home and office, shopallitems offer you the safety and performance of the best Blender, which is very useful for kitchen. In this Blender, the capacity of the bowl is 350ml and it has steel blades and along with these things it is 100% genuine products. Apart from this it works as a mini chopper for vegetables and tomatoes. For further more details about the shopallitems and other kitchen products feel free to get in touch with us."}
{"_id": "433795", "title": "", "text": "If I applied for a decent paying job and told them that I only want to work 3 days a week, they'd probably wouldn't hire me.   Some people would be happier working less and foregoing a bit of pay. ~~Take a look at labor norms in Italy, seems to be working well for them.~~ Nevermind, the Italian economy isn't doing too great right now. I was basing that statement off a Micheal Moore documentary where people tend to work less and are happier."}
{"_id": "433801", "title": "", "text": "Note: I am not a lawyer. This is my personal opinion and interpretation. First, your source is European Law, which obviously doesn't apply outside of the EU. The EU cannot make laws that bind entities in other countries; so you cannot claim that the VAT was needed to be mentioned. Second, if you owe something, you owe it; it doesn't matter if it was forgotten to be mentioned. At best, you can say that under those circumstances you don't want the software anymore, and i would assume you can send it back and get your money back (minus a fee for having it used for a while...) - this gets quite difficult to calculate clearly, so it's probably not a good avenue to follow for you. As the company has to send the VAT to your country (they will not be allowed to keep a dime of it, and have to bear the complete cost for the handling), it is a debt you have to your government; they are just the entity responsible for collecting it. Still, if you just ignore them, they will probably suck it up, and your government will also not do a thing to you. If they only have your email address, they have no way of knowing if you even still have/use this address; for all they know, it could be you never got it. They also cannot simply charge your card, as they probably don't have the card data any more (they are not supposed to keep it after the transaction is complete, and they thought it was complete at the time). All in all, you should be safe to ignore it. It's between you and your god/consciousness, if you feel obliged to pay it, as technically you owe it."}
{"_id": "433804", "title": "", "text": "You may have asked the question \u201cIs it worth the time to publish on LinkedIn?\u201d  3 years, and 75 articles later, my answer is \u201cYes.\u201d  When I started writing on LinkedIn, my plan was to publish a series of 5 articles. What I found is that feedback, questions, and comments from members like You were too interesting to stop."}
{"_id": "433806", "title": "", "text": "\"1) Are the definitions for capital market from the two sources the same? Yes.  They are from two different perspectives.  Investopedia is looking at it primarily from the perspective of a trader and they lead-off with the secondary market. This refers to the secondary market: A market in which individuals and institutions trade financial securities. This refers to the primary market: Organizations/institutions in the public and private sectors also often sell securities on the capital markets in order to raise funds. Also, the Investopedia definition leaves much to be desired, but it is supposed to be pithy.  So, you are comparing apples and oranges, to some extent.  One is an article, as short as it may be, this other one is an entry in a dictionary. 2) What is the opposite of capital market, according to the definition in investopedia?  It's not quite about opposites, this is not physics.  However, that is not the issue here.  The Investopedia definition simply does not mention any other possibilities.  The Wikipedia article defines the term more thoroughly.  It talks about primary/secondary markets in separate paragraph. 3) According to the Wikipedia's definition, why does stock market belong to capital market, given that stocks can be held less than one year too? If you follow the link in the Wikipedia article to money market: As money became a commodity, the money market is nowadays a component of the financial markets for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less. The key here is original maturities of one year or less. Here's my attempt at explaining this: Financial markets are comprised of money markets and capital markets.   Money is traded as if it were a commodity on the money markets.  Hence, the short-term nature in its definition.  They are more focused on the money itself.     Capital markets are focused on the money as a means to an end. Companies seek money in these markets for longer terms in order to improve their business in some way. A business may go to the money markets to access money quickly in order to deal with a short-term cash crunch.  Meanwhile, a business may go to the capital markets to seek money in order to expand its business. Note that capital markets came first and money markets are a relatively recent development.   Also, we are typically speaking about the secondary (capital) market when we are talking about the stock or bond market.  In this market, participants are merely trading among themselves.  The company that sought money by issuing that stock/bond certificate is out of the picture at that point and has its money.   So, Facebook got its money from participants in the primary market: the underwriters.  The underwriters then turned around and sold that stock in an IPO to the secondary market.  After the IPO, their stock trades on the secondary market where you or I have access to trade it.  That money flows between traders.  Facebook got its money at the \"\"beginning\"\" of the process.\""}
{"_id": "433807", "title": "", "text": "There's lots more entrepreneurship in the Philippines it's just under the radar. Big business is controlled by a handful of oligarchs. #1 problem in the Philippines would be corruption in government, IMO, followed by their bad weather/geological situation, and then terrorism. These are all huge roadblocks to overcoming poverty on their own. That difficulty to officially start a business does make things harder, and unfortunately the smarter folks who live there often find a way to put their skills to use abroad."}
{"_id": "433809", "title": "", "text": "You probably bought the cross listed WestJet stock.  If you wanted to buy shares on the TSE, I'd suspect you'd have to find a way to open a brokerage account within Canada and then you'd be able to buy the shares.  However, this could get complicated to some extent as there could be requirements of Canadian tax stuff like a Social Insurance Number that may require some paperwork.  In addition, you'd have to review tax law of both countries to determine how to appropriately report to each country your income as there are various rules around that. TD Waterhouse would be the Canadian subsidiary of TD Ameritrade though I haven't tried to create a Canadian brokerage account."}
{"_id": "433810", "title": "", "text": "I would disagree.  Not all children are set to have good life outcomes.  Those raised in poverty often experience a great deal of stress and suffering.  Raising children to be productive adults in beneficial to society.  Raising a child to continue the cycle of poverty and crime is not.  Many times, people voluntarily organize into a family unit whereby the husband earns an income which can be considered in paying the wife to raise the child.  Individuals are amazing at coming to voluntary agreements which help society."}
{"_id": "433812", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.abc.net.au/news/2017-06-30/bilnd-recruitment-trial-to-improve-gender-equality-failing-study/8664888) reduced by 79%. (I'm a bot) ***** &gt; Blind recruitment means recruiters cannot tell the gender of candidates because those details are removed from applications.  &gt; In a bid to eliminate sexism, thousands of public servants have been told to pick recruits who have had all mention of their gender and ethnic background stripped from their CVs. The assumption behind the trial is that management will hire more women when they can only consider the professional merits of candidates.  &gt; Professor Hiscox said he discussed the trial with the ABS and did not consider it a rigorous or randomised control trial, warning against any &amp;quot;Magic pill&amp;quot; solution.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kpwlj/study_more_men_hired_in_genderblind_job/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157123 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **trial**^#1 **candidate**^#2 **public**^#3 **women**^#4 **more**^#5\""}
{"_id": "433817", "title": "", "text": "\"If all of the money needs to be liquid, T-Bills from a broker are the way to go. Treasury Direct is a little onerous -- I'm not sure that you could actually get money out of there in a week. If you can sacrifice some liquidity, I'd recommend a mix of treasury, brokered CDs, agency and municipal securities.  The government has implicitly guaranteed that \"\"too big to fail\"\" entities are going to be backed by the faith & credit of the United States, so investments in general obligation bonds from big states like New York, California and Florida and cities like New York City will yield you better returns, come with significant tax benefits, and represent only marginal  additional short-term risk.\""}
{"_id": "433824", "title": "", "text": "There are different strategies but the short version is that they set it up so the US corporation pays a legal entity in a low-tax jurisdiction for the rights to use the IP which the company has transferred there previously. One such strategy is called the [Double Irish (possibly with a Dutch Sandwich)](http://en.wikipedia.org/wiki/Double_Irish_arrangement) which is what Apple, Google, Facebook and many others use."}
{"_id": "433827", "title": "", "text": "\"Each company has X shares valued at $Y/share. When deals like \"\"Dragon's Den\"\" in Canada and Britain or \"\"Shark Tank\"\" in the US are done, this is where the company is issuing shares valued at $z total to the investor so that the company has the funds to do whatever it was that they came to the show to get funding to do, though some deals may be loans or royalties instead of equity in the company. The total value of the shares may include intangible assets of course but part of the point is that the company is doing an \"\"equity financing\"\" where the company continues to operate. The shareholders of the company have their stake which may be rewarded when the company is acquired or starts paying dividends but that is a call for the management of the company to make. While there is a cash infusion into the company, usually there is more being done as the Dragon or Shark can also bring contacts and expertise to the company to help it grow. If the investor provides the entrepreneur with introductions or offers suggestions on corporate strategy this is more than just buying shares in the company. If you look at the updates that exist on \"\"Dragon's Den\"\" or \"\"Shark Tank\"\" at least in North America I've seen, you will see how there are more than a few non-monetary contributions that the Dragon or Shark can provide.\""}
{"_id": "433832", "title": "", "text": "I feel you're missing the point. Of course it's a sweet deal, we'd all take it. The bigger point is he's had these deals multiple times over now and has netted nearly a billion dollars and *still* isn't wealthy and in debt."}
{"_id": "433843", "title": "", "text": "A number of ways exist to calculate the chances of a particular outcome. Options, for example, use current price, cost of money, and volatility among other factors to price the chance of an underlying asset reaching a certain price in a certain timeframe.  A graphical forecast simply puts these calculations into a visual format. That said, it appears the image you offer shows the prediction as it existed in the past along with how the stock has done since.  A disclaimer - The odds of a fair die being rolled to a given number are 1 in 6. It's a fact. With stocks, on the other hand, models try to simulate real life and many factors can't be accounted for."}
{"_id": "433846", "title": "", "text": "Pro sports prices are too high, anyway.  Going by yourself, it's easy to drop $100 or more for the ticket, parking, food, and maybe one beer.  Ridiculous.  You can get a high-end meal, *far* better than a hot dog, then go watch the game at a bar for half the price.  You can get a better experience for much less money.  No wonder ticket sales are declining.  The reason baseball became America's pastime was that it was accessible to everyone.  Common working people could afford to attend games regularly.  If you want to attend regularly today, you better be earning over six figures."}
{"_id": "433853", "title": "", "text": "You read it right. Todd's warning is well taken. I don't know the numbers involved, but have a brilliant suggestion that may help. A Solo 401(k) is simple to qualify for. Any bit of declared side income will do. Once the account is set up, a transfer from IRAs is simple. The Solo 401(k) can offer a loan provision as any other 401(k), and you can borrow up to 50% (max of $50K) for any reason with a 5 year payback. The standard rate is Prime+1%, the fee is minimal usually $50-$100.  All the warnings of IRA 'loans' apply, but the risk of job loss (the largest objection to 401 loans) isn't there. The fact that you have 6 months to set this up is part of what prompts this suggestion.  Note: Any strategies like this aren't for everyone. There are folk who need to access quick cash, and this solves the issue in two ways, both low rate and simple access. Phil already stated he is confident to return the money, the only thing that prompted my answer is there's real risk the 60 days a bit too short for any business deal."}
{"_id": "433863", "title": "", "text": "Right, but doesn't this apply to the owner operators too? Meaning, the drivers that only occasionally get work from either company? That does hurt, when those drivers operate low margin trips and the fewer high profit trips (typically seasonal or situational) from the big companies make their year.  Walmart won't get their way at scale, and even then this type of policy is not an impasse, but is only a temporary roadblock until the market moves around them."}
{"_id": "433896", "title": "", "text": "Of course you wouldn't, and of course data is incredibly important.  What I'm saying is that you at least have access to rudimentary data about what people are interested in, public data sources, etc that didn't even exist in the past.  In the past, small businesses were flying incredibly blind.  The data small businesses do have access to today didn't even exist except in either very expensive data collection firms or in hard to get physical records in the past.  A small company is never going to have the resources of a large one - at any point in history"}
{"_id": "433898", "title": "", "text": "Also your statement that money we use for centuries is an abominations. Shows a clear misunderstanding of the purpose and function of money, or the word abomination, or the length of centuries. All of these things led me to believe that you are misinformed."}
{"_id": "433900", "title": "", "text": "This isn't exactly the answer you were looking for, but it is something else to consider. Rather than just running money through the card to get the bonus, have you considered spending that $5,000 in the form of good debt? In other words, can you purchase some asset that will create more cashflow than you would be paying on the card with the $5,000 balance? The idea is instead of running up the balance and paying it back off to get the bonus, maybe you could buy an asset for $5,000, create positive cashflow with the opportunity for long term capital gains, and get the credit card bonus. You could even turn around and use the bonus to pay back part of the credit card balance, thus reducing the payments and widening the profit margin on the asset."}
{"_id": "433905", "title": "", "text": "\"Yes, there are non-stock analogs to the Price/Earnings ratio. Rental properties have a Price/Rent ratio, which is analogous to stocks' Price/Revenue ratio.  With rental properties, the \"\"Cap Rate\"\" is analogous to the inverse of the Price/Earnings ratio of a company that has no long-term debt. Bonds have an interest rate.  Depending on whether you care about current dividends or potential income, the interest rate is analogous to either a stock's dividend rate or the inverse of the Price/Earnings ratio.\""}
{"_id": "433907", "title": "", "text": "Hourly rate is not the determinant.  You could be selling widgets, not hours. Rather, there's a $30,000 annual revenue threshold for GST/HST. If your business's annual revenues fall below that amount, you don't need to register for GST/HST and in such case you don't charge your clients the tax. You could still choose to register for GST/HST if your revenues are below the threshold, in which case you must charge your clients the tax. Some businesses voluntarily enroll for GST/HST, even when below the threshold, so they can claim input tax credits. If your annual revenues exceed $30,000, you must register for GST/HST and you must charge your clients the tax.  FWIW, certain kinds of supplies are exempt, but the kind of services you'd be offering as an independent contractor in Canada aren't likely to be. There's more to the GST/HST than this, so be sure to talk to a tax accountant. References:"}
{"_id": "433926", "title": "", "text": "&gt;\u201cThe cryptocurrency market is as unregulated as it can get,\u201d Varshney wrote. \u201cThings that would result in jail time on the stock market are legal here. In such a scenario, it\u2019s no surprise that big players are manipulating the markets for their own gain.\u201d  Pretty much."}
{"_id": "433933", "title": "", "text": "I agree with JoeTaxpayer that you will be better off in the end if you can just not use your card you are better off in the long run.  That said if you are determined to get a card you can control go to a credit union or local bank.  Most of them will give you the credit limit you want.  This may provide you with a card that you can make use of but know that you can not go wild.  The down side is most of these will not be reward cards but my local credit union gave me a 7% card where my Chase card is at 18%(was 5% before the changes to credit card regulations)."}
{"_id": "433962", "title": "", "text": "\"Wait, where did you hear that \"\"fable\"\"? Cause the guy actually mentioned that he went to Harvard, Yale and Stanford, I believe, and at none of those was Marx studied? Aforementioned are stages in the development of the productive forces, formation of classes and respectively of the distribution of wealth in the society. It looks like you don't have a clue about Marx and have just aired some \"\"broad and sloppy\"\" meaningless opinion.\""}
{"_id": "433986", "title": "", "text": "Daniel, first of all, I'm jealous of your predicament.  That said, I think you've gotten some good advice already, so I won't repeat what's been said.  But I will throw out a few ideas that haven't come up.  My first thought is that you may be underestimating upcoming expenses.  It sounds like your current expenses are low, and that's great!  I'm impressed that you're living below your means, and looking for the best way to use your extra cash.  But you may not be thinking of a few things. You have a girlfriend, and maybe your relationship isn't such that you are planning a wedding quite yet.  But, regardless of whether your current girlfriend is your future life partner or not, if you think marriage may be in your future at all, you'll save yourself a lot of stress if you've got some savings for a wedding in place before you're ready to commit. Next, what are you driving?  If it's a good car that you expect to last you another 10 years, you're probably ok right now.  But if you may need to replace your vehicle in the next few years, start saving now and you may be able to buy it outright.  (I expect your interest rate on financing a car would be higher than your current student loan rates, so I would save for a car before paying down loans with such beautiful rates.) A house has already been discussed, and there was also mention of additional education, and both of those require a solid financial plan that begins far in advance. In summary, I think you need a lot more than $5K in savings.  Sure, have some fun, and take advantage of opportunities to travel, etc, as they come along, but if you're able to bump your savings by $500 to $1000/month, I think you'll really be glad you did.  When it comes time for a new car, or you find you're ready to settle down, it will be nice to have somewhere to draw from, and if there's only $5K in your savings, you may come to regret choices you made when you were 22."}
{"_id": "433993", "title": "", "text": "If you go to a grocery store and purchase retail gift cards along with other products, and you pay with a credit card, your credit card company generally does not know what you spent the money on; they don't get an itemized receipt.* If this is the case with your rewards card, then yes, you would get the cashback reward on the gift cards, because all the credit card company knows is that you spent $100 at the grocery store; they don't know (or care, really) that $50 of it was for an Olive Garden gift card. This, of course, should be fairly easy to test.  Buy the gift card, wait for your statement, and see if they included the purchase when calculating your rewards. * Note: I don't have an American Express card, but from some quick googling I see that it is possible that American Express does actually receive itemized billing details on your purchases from some merchants.  If your grocery store is sending this data to AmEx, it is possible that the gift cards could be excluded from rewards.  But again, I suggest you just test it out and see."}
{"_id": "433997", "title": "", "text": "We also have companies that sell food, shelter, clothing and other necessities of life. A developed nation that has businesses making a *profit* off things humans need to *survive*. Crazy, huh? It's a real bizarro world over here isn't it? Did I explode your Canadian mind?"}
{"_id": "434014", "title": "", "text": "\"To answer your question directly..  you can investigate by using google or other means to look up research done in this area.  There's been a bunch of it Here's an example of search terms that returns a wealth of information. effect+of+periodic+rebalancing+on+portfolio+return I'd especially look for stuff that appears to be academic papers etc, and then raid the 'references' section of those.  Look for stuff published in industry journals such as \"\"Journal of Portfolio Management\"\" as an example. If you want to try out different models yourself and see what works and what doesn't, this Monte Carlo Simulator might be something you would find useful The basic theory for those that don't know is that various parts of a larger market do not usually move in perfect lockstep, but go through cycles.. one year tech might be hot, the next year it's healthcare.  Or for an international portfolio, one year korea might be doing fantastic only to slow down and have another country perform better the next year.    So the idea of re-balancing is that since these things tend to be cyclic, you can get a higher return if you sell part of a slice that is doing well (e.g. sell at the high) and invest it in one that is not (buy at the low) Because you do this based on some criteria, it helps circumvent the human tendency to 'hold on to a winner too long' (how many times have you heard someone say 'but it's doing so well, why do I want to sell now\"\"? presuming trends will continue and they will 'lose out' on future gains, only to miss the peak and ride the thing down back into mediocrity.)  Depending on the volatility of the specific market, and the various slices, using re balancing can get you a pretty reasonable 'lift' above the market average, for relatively low risk. generally the more volatile the market, (such as say an emerging markets portfolio) the more opportunity for lift. I looked into this myself a number of years back, the concensus I came was that the most effective method was to rebalance based on 'need' rather than time.  Need is defined as one or more of the 'slices' in your portfolio being more than 8% above or below the average.  So you use that as the trigger. How you rebalance depends to some degree on if the portfolio is taxable or not.  If in a tax deferred account, you can simply sell off whatever is above baseline and use it to buy up the stuff that is below.   If you are subject to taxes and don't want to trigger any short term gains, then you may have to be more careful in terms of what you sell.  Alternatively if you are adding funds to the portfolio, you can alter how your distribute the new money coming into the portfolio in order to bring up whatever is below the baseline (which takes a bit more time, but incurs no tax hit)  The other question is how will you slice a given market?  by company size?  by 'sectors' such as tech/finance/industrial/healthcare, by geographic regions?\""}
{"_id": "434066", "title": "", "text": "\"My Schwab panel has the following options: As an example, when I go in to \"\"Wire Transfer,\"\" it prompts me to select which Schwab account, then Domestic or International wire, then amount etc.  This will likely depend on the brokerage, I don't think Scottrade or Zecco/Tradeking was this integrated. Personally, I keep brokerage funds pretty well segregated from the remainder of my finances.  I transfer money in and out from a more used checking account to keep the accounting more simple.\""}
{"_id": "434082", "title": "", "text": "Banks only send your balance to credit bureaus once a month; usually a few days after your statement date.  Thus, as long as your usage is below 10% in that date range, you're ok. Regarding paying it off early: sure.  Every Sunday night, I pay our cards' charges from the previous week.  (The internet makes this too easy.)"}
{"_id": "434102", "title": "", "text": "Swiss Central bank has a floor of 1.20, the reason why I have this pair is that my downside is limited.  The actual differential is about 20 bps but im leveraged 50:1, which gives me a fun 10% annualized. I bought in at 1.2002, meaning my max downside on an investment of 20K (gives 1mn of exposure), is 200$ and my potential profit is 2000. Creating a risk to return of 10:1."}
{"_id": "434116", "title": "", "text": "If the FT claims the U.S. has structural problems, I say keep doing what we are doing.   The FT was a staunch supporter of the Eurozone (along with The Economist) and look where that got them. Now they are reverting and some columns have favored departures or even a break up."}
{"_id": "434141", "title": "", "text": "\"The whole don't self promote thing is so stupid. I understand not wanting people to post a shit load of links to their own content, but it's really stupid to not let people post their own content. What you end up with is people posting their own content under the guise of a \"\"friend\"\" or user who just happened to see it and then the creator shows up in the comments anyways. And it's like, how is that better than just letting them post it openly?\""}
{"_id": "434143", "title": "", "text": "One of the more subtle disadvantages to large credit card purposes purchases (besides what the other answer mentions), is that it makes you less prepared for emergencies. If you carry a large balance on your credit card with the idea that your income can easily handle the payments to beat the no-interest period, you never know when you'll have an unexpected emergency and you'll end up having to pay less, miss the deadline and end up paying huge interest. Even if you are fastidious about saving and budgeting, what if your family comes under a large financial burden (just as one possible example)?"}
{"_id": "434147", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/environment/climate-consensus-97-per-cent/2017/oct/23/americans-want-a-tax-on-carbon-pollution-but-how-to-get-one) reduced by 91%. (I'm a bot) ***** &gt; According to a new study published by Yale scientists in Environmental Research Letters, Americans are willing to pay a carbon tax that would increase their household energy bills by $15 per month, or about 15%, on average.  &gt; The new Yale study also asked survey participants how they would like to use the revenue generated by a carbon tax.  &gt; Basically, Americans support a carbon tax because they want action to address climate change, and they want to spend the revenue on clean energy for the same reason.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78tvsj/americans_want_a_tax_on_carbon_pollution_but_how/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~235324 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **carbon**^#2 **Republican**^#3 **Policy**^#4 **support**^#5\""}
{"_id": "434179", "title": "", "text": "Don't try to catch a falling knife. The fact that the prices were falling for this long means that the professional traders in this market expect gas prices to keep going down. This may be for many reasons, which they know much better than you do. So it's likely that gas will keep falling for a while longer. Wait until gas starts to recover, and then go long on gas as base64 suggests."}
{"_id": "434184", "title": "", "text": "all of the unconstitutional efforts by government to eliminate hardship have only led to more hardship, corruption, and a nation which consumes more than it produces.  the citizens of the USA are not brave enough to be free and will experience the consequences.  the crumbling illusion of prosperity is supported by incredible amounts of debt, panic level low interest rates, and obscene levels of welfare and warfare.     it is not the role of government to eliminate hardship or run an economy.  an economy(including the availability of healthcare) is to be crafted by the free choices of consumers and producers.  you can't legislate prosperity.  and freedom includes the freedom to endure hardship."}
{"_id": "434190", "title": "", "text": "The compound interest argument is a good one.  While you are young, it is important to save, since time is on your side for compounding of interest.  I think the 401K is a good idea, but not for all of your savings.  Think about saving a percentage of your income, but put it in a couple places. Your Roth is also a great thing, since you'll be able to remove money without paying tax again.  The 401k (tax deferred) is a good idea if your company matches any of it (FREE MONEY!), and because it lowers your taxable income now, and it's taken out of your check before you see it, so you don't miss it.  It's still important to save other money that you can have for ready cash (unexpected dead car, for example, or medical bills, or what have you.) I find that I don't want to be managing my investments from minute to minute, or doing my own trades (I'd rather do other things), so I have a mix (Roth, 401k, cash savings) of automated contributions for savings, and I think hard before buying new stuff.  The point is to save, and if possible, try to save at least 10% of your income."}
{"_id": "434196", "title": "", "text": "\"Unfortunately, not directly.  For IRAs and HSAs, we have an annual maximum contribution limit. What you can do (which doesn't \"\"initially seed\"\" it) is to put the money aside in a savings account that you want to contribute to your HSA or IRA and then put it in the IRA or HSA when the timing is right for you.  The key here though is that the contribution cannot exceed the maximum limit for the year. Another \"\"way around\"\" this (which really isn't because it just means that you'll have a new higher limit) is to become self employed, see this from the IRS about SEPs: Contribute as much as 25% of your net earnings from self-employment   (not including contributions for yourself), up to $51,000 for 2013   ($52,000 for 2014). Still, none of these methods are pre-seeding an account, as the maximum contribution limit is never exceeded.\""}
{"_id": "434201", "title": "", "text": "\"Been here in Japan 12 years mate, and you're right, the investment options here suck. Be very wary of them, they will take all your money in outrageous fees--3% in and 3% out of some \"\"investment\"\" options. It's a scam. Send the money back home and manage it there. I recommend setting up a Vanguard account back in the UK, then you can invest in Vanguard index funds. Vanguard charges no commission for buying and selling their funds when you have a Vanguard account. I have nearly all my money there (Vanguard US), and I use the free Personal Capital online software to understand how to best manage the allocations in my portfolio. Of course you'll lose a bit of money on wire transfer fees, but you'll more than make up for it if in the long-term, and they may also be offset by currency rate anyway (right now the yen is strong, so a good time to use it to buy GBP). Also you may never need to send the money back to Japan unless you plan on retiring here.\""}
{"_id": "434211", "title": "", "text": "I actually do know what I'm talking about, no need to be rude.  Believe me I understand tax advantages of each I'm subjected to them every single day at my work. I am of the belief that buybacks are great when used responsibly, however at the recent rate and scope that companies have been using them I think it's overkill and will have a negative future impact on real company growth."}
{"_id": "434212", "title": "", "text": "A stock exchange is a marketplace where people can bring their goods [shares] to be traded. There are certain rules. Stock Exchange does not own any shares of the companies that are trading in.  The list of who owns with stock is with the registrar of each company. The electronic shares are held by a Financial Institution [Securities Depository]. So even if the exchange itself goes down, you still hold the same shares as you had before it went down. One would now have to find ways to trade these shares ... possibly via other stock exchange. This leaves the question of inflight transactions, which again would be recorded and available. Think of it similar to eBay. What happens when eBay goes bankrupt? Nothing much, all the seller still have their goods with them. All the buyers who had purchased good before have it when them ... so the question remains on inflight goods where the buyer has paid the seller and not yet received shipments ..."}
{"_id": "434224", "title": "", "text": "\"When I have stock at my brokerage account, the title is in street name - the brokerage's name and the quantity I own is on the books of the brokerage (insured by SIPC, etc).  The brokerage loans \"\"my\"\" shares to a short seller and is happy to facilitate trades in both directions for commissions (it's a nice trick to get other parties to hold the inventory while you reap income from the churn); by selecting the account I have I don't get to choose to not loan out the shares.\""}
{"_id": "434252", "title": "", "text": "You could use HBB and other similar funds that exchange distributions for capital gains.  There's HXT and HXS which is Canada and US equity markets.  The swap fee + mer is a little more than some funds except for HXT which is very cheap. There's a risk for long term holders that this may eventually get banned and you're forced to sell with a gain at the wrong time, but this won't matter much if you're planning on selling in a few years.  You have to pay the capital gains tax eventually.  Note, the tax on distributions is really a long term drag on performance and won't make a big difference in the short term."}
{"_id": "434257", "title": "", "text": "\"Accounting for this properly is not a trivial matter, and you would be wise to pay a little extra to talk with a lawyer and/or CPA to ensure the precise wording. How best to structure such an arrangement will depend upon your particular jurisdiction, as this is not a federal matter - you need someone licensed to advise in your particular state at least. The law of real estate co-ownership (as defined on a deed) is not sufficient for the task you are asking of it - you need something more sophisticated. Family Partnership (we'll call it FP) is created (LLC, LLP, whatever). We'll say April + A-Husband gets 50%, and Sister gets 50% equity (how you should handle ownership with your husband is outside the scope of this answer, but you should probably talk it over with a lawyer and this will depend on your state!).  A loan is taken out to buy the property, in this case with all partners personally guaranteeing the loan equally, but the loan is really being taken out by FP. The mortgage should probably show 100% ownership by FP, not by any of you individually - you will only be guaranteeing the loan, and your ownership is purely through the partnership. You and your husband put $20,000 into the partnership. The FP now lists a $20,000 liability to you, and a $20,000 asset in cash. FP buys the $320,000 house (increase assets) with a $300,000 mortgage (liability) and $20,000 cash (decrease assets). Equity in the partnership is $0 right now. The ownership at present is clear. You own 50% of $0, and your sister owns 50% of $0. Where'd your money go?! Simple - it's a liability of the partnership, so you and your husband are together owed $20,000 by the partnership before any equity exists. Everything balances nicely at this point. Note that you should account for paying closing costs the same as you considered the down payment - that money should be paid back to you before any is doled out as investment profit! Now, how do you handle mortgage payments? This actually isn't as hard as it sounds, thanks to the nature of a partnership and proper business accounting. With a good foundation the rest of the building proceeds quite cleanly. On month 1 your sister pays $1400 into the partnership, while you pay $645 into the partnership. FP will record an increase in assets (cash) of $1800, an increase in liability to your sister of $1400, and an increase in liability to you of $645. FP will then record a decrease in cash assets of $1800 to pay the mortgage, with a matching increase in cost account for the mortgage. No net change in equity, but your individual contributions are still preserved. Let's say that now after only 1 month you decide to sell the property - someone makes an offer you just can't refuse of $350,000 dollars (we'll pretend all the closing costs disappeared in buying and selling, but it should be clear how to account for those as I mention earlier). Now what happens? FP gets an increase in cash assets of $350,000, decreases the house asset ($320,000 - original purchase price), and pays off the mortgage - for simplicity let's pretend it's still $300,000 somehow. Now there's $50,000 in cash left in the partnership - who's money is it? By accounting for the house this way, the answer is easily determined. First all investments are paid back - so you get back $20,000 for the down payment, $645 for your mortgage payments so far, and your sister gets back $1400 for her mortgage payment. There is now $27,995 left, and by being equal partners you get to split it - 13,977 to you and your husband and the same amount to your sister (I'm keeping the extra dollar for my advice to talk to a lawyer/CPA). What About Getting To Live There? The fact is that your sister is getting a little something extra out of the deal - she get's the live there! How do you account for that? Well, you might just be calling it a gift. The problem is you aren't in any way, shape, or form putting that in writing, assigning it a value, nothing.  Also, what do you do if you want to sell/cash out or at least get rid of the mortgage, as it will be showing up as a debt on your credit report and will effect your ability to secure financing of your own in the future if you decide to buy a house for your husband and yourself?  Now this is the kind of stuff where families get in trouble. You are mixing personal lives and business arrangements, and some things are not written down (like the right to occupy the property) and this can really get messy. Would evicting your sister to sell the house before you all go bankrupt on a bad deal make future family gatherings tense? I'm betting it might. There should be a carefully worded lease probably from the partnership to your sister. That would help protect you from extra court costs in trying to determine who has the rights to occupy the property, especially if it's also written up as part of the partnership agreement...but now you are building the potential for eviction proceedings against your sister right into an investment deal? Ugh, what a potential nightmare! And done right, there should probably be some dollar value assigned to the right to live there and use the property. Unless you just want to really gift that to your sister, but this can be a kind of invisible and poorly quantified gift - and those don't usually work very well psychologically. And it also means she's going to be getting an awfully larger benefit from this \"\"investment\"\" than you and your husband - do you think that might cause animosity over dozens and dozens of writing out the check to pay for the property while not realizing any direct benefit while you pay to keep up your own living circumstances too? In short, you need a legal structure that can properly account for the fact that you are starting out in-equal contributors to your scheme, and ongoing contributions will be different over time too. What if she falls on hard times and you make a few of the mortgage payments? What if she wants to redo the bathroom and insists on paying for the whole thing herself or with her own loan, etc? With a properly documented partnership - or equivalent such business entity - these questions are easily resolved. They can be equitably handled by a court in event of family squabble, divorce, death, bankruptcy, emergency liquidation, early sale, refinance - you name it. No percentage of simple co-ownership recorded on a deed can do any of this for you. No math can provide you the proper protection that a properly organized business entity can. I would thus strongly advise you, your husband, and your sister to spend the comparatively tiny amount of extra money to get advice from a real estate/investment lawyer/CPA to get you set up right. Keep all receipts and you can pay a book keeper or the accountant to do end of the year taxes, and answer questions that will come up like how to properly account for things like depreciation on taxes. Your intuition that you should make sure things are formally written up in times when everyone is on good terms is extremely wise, so please follow it up with in-person paid consultation from an expert. And no matter what, this deal as presently structured has a really large built-in potential for heartache as you have three partners AND one of the partners is also renting the property partially from themselves while putting no money down?  This has a great potential to be a train wreck, so please do look into what would happen if these went wrong into some more detail and write up in advance - in a legally binding way - what all parties rights and responsibilities are.\""}
{"_id": "434263", "title": "", "text": "Prior to 1975, commissions for trading stock on the NYSE were fixed at 1% of the amount of the trade.  In 1975, the SEC made fixed commission rates illegal, giving rise to discount brokers offering much reduced commission rates.  Simultaneously, Electronic Communications Networks (ECNs) gained market share as alternative venues for executing trades.  The increased competition led to further declines in commissions.  Finally, as technology was widely adopted on Wall Street and human beings were largely taken out of the order execution process, commissions fell further.  This had the effect of both drawing in new participants and increasing the rate of transactions of the existing participants (see Day Trading, which was largely unheard of prior to the technology revolution of the 1990s).  Most recently, the exchanges themselves have shifted their business model to depend on high frequency traders, and the proportion of trades accounted for by HFT firms ballooned from under 10% in the early 2000s to over 50% today."}
{"_id": "434266", "title": "", "text": "You should look into a home equity line of credit: A home equity line of credit (often called HELOC and pronounced HEE-lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's equity in his/her house. Because a home often is a consumer's most valuable asset, many homeowners use home equity credit lines only for major items, such as education, home improvements, or medical bills, and choose not to use them for day-to-day expenses."}
{"_id": "434279", "title": "", "text": "\"Here is the \"\"investing for retirement\"\" theoretical background you should have. You should base your investment decisions not simply on the historical return of the fund, but on its potential for future returns and its risk. Past performance does not indicate future results: the past performance is frequently at its best the moment before the bubble pops. While no one knows the specifics of future returns, there are a few types of assets that it's (relatively) safe to make blanket statements about: The future returns of your portfolio will primarily be determined by your asset allocation . The general rules look like: There are a variety of guides out there to help decide your asset allocation and tell you specifically what to do. The other thing that you should consider is the cost of your funds. While it's easy to get lucky enough to make a mutual fund outperform the market in the short term, it's very hard to keep that up for decades on end. Moreover, chasing performance is risky, and expensive. So look at your fund information and locate the expense ratio. If the fund's expense ratio is 1%, that's super-expensive (the stock market's annualized real rate of return is about 4%, so that could be a quarter of your returns). All else being equal, choose the cheap index fund (with an expense ratio closer to 0.1%). Many 401(k) providers only have expensive mutual funds. This is because you're trapped and can't switch to a cheaper fund, so they're free to take lots of your money. If this is the case, deal with it in the short term for the tax benefits, then open a specific type of account called a \"\"rollover IRA\"\" when you change jobs, and move your assets there. Or, if your savings are small enough, just open an IRA (a \"\"traditional IRA\"\" or \"\"Roth IRA\"\") and use those instead. (Or, yell at your HR department, in the event that you think that'll actually accomplish anything.)\""}
{"_id": "434287", "title": "", "text": "He's right and not being a baby. Netflix changed their stance within days and have come out against the FCC's renewed stance against net neutrality. Why call people babies? You wouldn't want to be called a contrarian edgelord would you?"}
{"_id": "434289", "title": "", "text": "\"There are some loan types where your minimum payment may be less than the interest due in the current period; this is not true of credit cards in the US.  Separately, if you have a minimum payment amount due of less than the interest due in the period, the net interest amount would just become principal anyway so differentiating it isn't meaningful. With credit cards in the US, the general minimum calculation is 1% of the principal outstanding plus all interest accrued in the period plus any fees.  Any overpayment is applied to the principal outstanding, because this is a revolving line of credit and unpaid interest or fees appear as a charge just like your coffee and also begin to accrue interest.  The issue arises if you have multiple interest rates.  Maybe you did a balance transfer at a discounted interest rate; does that balance get credited before the balance carried at the standard rate?  You'll have to call your lender.  While there is a regulation in place requiring payment to credit the highest rate balance first the banks still have latitude on how the payment is literally applied; explained below.   When there IS an amortization schedule, the issue is not \"\"principal or interest\"\" the issue is principle, or the next payment on the amortization schedule.  If the monthly payment on your car loan is $200, but you send $250, the bank will use the additional $50 to credit the next payment due.  When you get your statement next month (it's usually monthly) it will indicate an amount due of $150.  When you've prepaid more than an entire payment, the next payment is just farther in to the future.  You need to talk to your lender about \"\"unscheduled\"\" principal payments because the process will vary by lender and by specific loan. Call your lender.  You are a customer, you have a contract, they will explain this stuff to you.  There is no harm that can possibly come from learning the nuances of your agreement with them. Regarding the nuance to the payment regulation: A federal credit card reform law enacted in May 2009 requires that credit card companies must apply your entire payment, minus the required minimum payment amount, to the highest interest rate balance on your card.  Some credit card issuers are aggressive here and apply the non-interest portion of the minimum payment to the lowest interest rate first.  You'll need to call your bank and ask them.\""}
{"_id": "434297", "title": "", "text": "I explicitly said I'm not calling anyone fake news, I was attacking the credibility of mediabiasfactcheck.com. If you read my first comment I made that abdunantly clear, never once questioned the credibility of NYT or even mentioned them before now.   But yeah, just ignore everything I'm saying and strawman me."}
{"_id": "434303", "title": "", "text": "*Paternity* leave. The situation now allows managers to hire a man over a woman because he can't take off when he has a child. Requiring that he be offered the same or similar option reduces or eliminates that incentive for hiring a man instead of a woman.  Another way of looking at it: most people think that the way to promote hiring women is to make them better potential employees, but another way to do it is to make men worse potential employees (by giving them the same time off)."}
{"_id": "434313", "title": "", "text": "\"Perhaps people in student loan debt aren't the source of the assessment. There have been multiple warnings from Nobel economists on the potential for student loans to do what the housing market did in 2008. If we suddenly find out a large fraction of the educations loaned weren't worth enough to pay back, many positives on company balance sheets would suddenly  appear as negatives. When negatives are realized, it triggers what some economists have termed a \"\"balance-sheet recession\"\": the great depression and 2008 recession both had this mechanism at their heart. They're a special type of recession that are not temporary and take on the order of a decade to crawl out of.\""}
{"_id": "434320", "title": "", "text": "The mode of payment mentioned by your bank is called the ACH(Automatic Clearing House) which means that anyone(Trusted payment gateway owners like banks themselves) can process payments. There can be a fraud declared against any payment that you have made and you can get every single penny back. This amount can not be withdrawn in cash at all. However for your situation I would suggest that you ask your bank to block any transactions above the amount of a specific sum, this way they will require your authorization to finalize the payment. You should feel safe after this. Also no one can access any other account apart from the one whose details you are giving out so do not worry about this guy(or anyone else for that matter) to be able to access your other accounts.  Hope this helps. (I have experience in payment gateways so I do understand these procedures.) Cheers!!"}
{"_id": "434326", "title": "", "text": "Specifically I'm trying to understand this pargraph:  &gt;Stripping the German mobile-phone unit of its cash and increasing its net debt before the IPO could help lower the unit\u2019s average cost of capital, said Carlos Winzer, a senior vice president at Moody\u2019s Investors Service.  &gt;\u201cTelefonica Deutschland had a very strong cash position and no debt, so this move will allow the German unit to have a more efficient balance sheet structure,\u201d said Winzer, who has covered Telefonica for 20 years  How does moving cash from the German unit to the Spanish Telefonica unit induce a more efficient balance sheet structure for the German unit?  Appreciate any help!"}
{"_id": "434330", "title": "", "text": "Renting an apartment here in Atlanta (where I live) is just as expensive (if not more) than paying own a home so it seems like a good ideas to just go for owning my own property. And I really want space for my dog. :-)"}
{"_id": "434337", "title": "", "text": "It sounds to me like you may not be defining fundamental investing very well, which is why it may seem like it doesn't matter.  Fundamental investing means valuing a stock based on your estimate of its future profitability (and thus cash flows and dividends).  One way to do this is to look at the multiples you have described.  But multiples are inherently backward-looking so for firms with good growth prospects, they can be very poor estimates of future profitability. When you see a firm with ratios way out of whack with other firms, you can conclude that the market thinks that firm has a lot of future growth possibilities.  That's all. It could be that the market is overestimating that growth, but you would need more information in order to conclude that.  We call Warren Buffet a fundamental investor because he tends to think the market has made a mistake and overvalued many firms with crazy ratios.  That may be in many cases, but it doesn't necessarily mean those investors are not using fundamental analysis to come up with their valuations. Fundamental investing is still very much relevant and is probably the primary determinant of stock prices.  It's just that fundamental investing encompasses estimating things like future growth and innovation, which is a lot more than just looking at the ratios you have described."}
{"_id": "434339", "title": "", "text": "In both theory and practice the tax results in reduced consumption. Check out the stats from when NY did it. Also check out how cigarette tax worked on smoking statistics. I'm on mobile means no source links for now, should be googleable though. Some people will drive out of their way to save a little. Most people won't.   Opinion part:  In a society where health care is indirectly subsidied by everyone (higher hospital bills to cover uninsured), it makes sense to me to insentivise healthier eating habits. I'd prefer they take away the corn subsidies keeping corn sugar prices so low. Seems a bit roundabout to subsidise then tax."}
{"_id": "434341", "title": "", "text": "TL,DR; Good point, but there are arguments why you should allow others in.  _____  I think one an idea is steeped in the culture, it unreasinably depletes the commons not to be able to reference it, someone dressing up as mickey mouse at Disney world 100 years later not withstanding.  Trademark law should differentiate the original artist's work from derivatives.  Having said that, addition to the world that substantially and materially add to the cultural impact of the work should be protected for the term of 20 years or so.  You should allow the creator the rights to Harry Potter merchandizing after the movie rather than the books.  But overall the intellectual commons is under protected in law. In fact it's not even recognized, except where someone has owned something and given it to the commons. But in as much as you can't kill all the deer on the common because it depletes the resource, if the space of intellectual commons is reduced so much that there is no way to say something (or no way to write a program to do something), then that should not be legal either.  And at some point in his interaction with our culture, Yoda is the best person to say some things. And to keep him from us depletes the commons."}
{"_id": "434351", "title": "", "text": "You can and are supposed to report self-employment income on Schedule C (or C-EZ if eligible, which a programmer likely is) even when the payer isn't required to give you 1099-MISC (or 1099-K for a payment network now). From there, after deducting permitted expenses, it flows to 1040 (for income tax) and Schedule SE (for self-employment tax). See https://www.irs.gov/individuals/self-employed for some basics and lots of useful links. If this income is large enough your tax on it will be more than $1000, you may need to make quarterly estimated payments (OR if you also have a 'day job' have that employer increase your withholding) to avoid an underpayment penalty. But if this is the first year you have significant self-employment income (or other taxable but unwithheld income like realized capital gains) and your economic/tax situation is otherwise unchanged -- i.e. you have the same (or more) payroll income with the same (or more) withholding -- then there is a 'safe harbor': if your withholding plus estimated payments this year is too low to pay this year's tax but it is enough to pay last year's tax you escape the penalty. (You still need to pay the tax due, of course, so keep the funds available for that.) At the end of the first year when you prepare your return you will see how the numbers work out and can more easily do a good estimate for the following year(s). A single-member LLC or 'S' corp is usually disregarded for tax purposes, although you can elect otherwise, while a (traditional) 'C' corp is more complicated and AIUI out-of-scope for this Stack; see https://www.irs.gov/businesses/small-businesses-self-employed/business-structures for more."}
{"_id": "434360", "title": "", "text": "I don't really think supply will be a problem. Here in NZ the farming community are already looking at this as a windfall.  I'd be interested to know how this will effect Germany, I don't expect a lot, but it will have some impact especially if you are producing a perishable good that you need to find a new market for quickly."}
{"_id": "434382", "title": "", "text": "Ah, yes. The report that makes some very strange assumptions, such as the following:  * People drive less than 100 miles per week (5,170 miles per year, or just over 14 miles a day).  * People are moving at all times while driving and at a constant speed. * The factories making the batteries are entirely powered by fossil fuels.  * Your non-electric vehicle had zero emissions during its own production. * You don't have a lead-acid battery in your non-electric vehicle. * Your non-electric vehicle took no emissions to reach the lot where you bought it.  With a narrow-enough constraint, a person can make anything appear true. However, once those constraints are themselves examined, the silliness of it becomes quite clear."}
{"_id": "434384", "title": "", "text": "I understand the concepts behind the different weighting methods, but what I\u2019m wondering is why a company CHOOSES a specific weighting method. For example, what exactly was being looked at when the decision was made to make the DJIA price-weighted instead of market cap-weighted? Why does a manager decide to use free-floating methodology over price-weighting? I just don\u2019t understand why there\u2019s no uniformity.  Apologies as I may have not worded my question properly."}
{"_id": "434394", "title": "", "text": "\"your question is based on a false premise.  there is no \"\"standard\"\" for raises.  some jobs in some years see huge raises. other years those same jobs may see average pay rates drop. if you want a benchmark, you would be better off looking at typical pay rates for people in your job, in your city with your experience. sites like glassdoor can provide that type of information. if you are at the low end of that range, you can probably push for a raise. if you are at the high end, you may find it more difficult. typically your employer will pay you just enough to keep you from leaving. so they will offer you as little as they think you will accept.  you can either accept it or find another job that pays more. if you work in software, then you can probably make more by switching jobs. if you work in food service, you might have more trouble finding higher pay elsewhere. if you do find another employer, you might be able to elicit a counter-offer from your current employer. in fact, even suggesting that you will look for another employer may prompt your current employer to be more generous.  that said, if your employer thinks you are on your way out, they might cut your bonus or lay you off.\""}
{"_id": "434395", "title": "", "text": "With a 1/4 million you should  be looking at staying fully invested and doing income draw down you can safely take 3 or 4 %   Basing your retirement income 100% on cash investments is very risky I can remember when inflation hit 15% in the UK and it has been at similar levels in the usa around 14% in 79."}
{"_id": "434397", "title": "", "text": "Yup. Same reason why developers go to Mexico and build huge resorts in the poorest places.   Then you get the people who live there to work for you for dirt-cheap because, what else are they going to do? If the per capita income is $10,000, a yearly salary of $20,000 is going to look awesome."}
{"_id": "434421", "title": "", "text": "One of the most obvious uses of SMAs is the detection of a trend reversal. A trend reversal happens when a short term SMA crosses over a longer term SMA.  For example, if a 20 day moving average was, previously, above a 200 day moving average, but has crossed over the 200 day and is currently below the 200 day then the security has performed a 'death cross' and the trend is for lower and lower prices.  Stockcharts.com has excellent 'chart school' for the beginning chart user. They also provide excellent charts.  Here is a link: http://stockcharts.com/school/doku.php?id=chart_school I  like to use a 20 day SMA, a 200 day SMA, and a 21 day EMA."}
{"_id": "434437", "title": "", "text": "You need a cosigner. Someone prepared to repay the mortgager if you should fail to. Needless to say this is going to have to be someone who knows you and trusts you very much. One way is to find someone prepared to share a house with you. Buy a bigger house than you would otherwise need. You would own half each, and the sharing agreement would specify that if one of you defaulted on their payments the other would get a larger share according to how much extra they end up paying. The other way is to find a silent partner, who doesn't live there. They put up no money unless you actually default. They would almost certainly have to be part owners, but you can structure the agreement so that you end up with the whole house if you succeed in paying off the mortgage, or miss no payments until you sell. Parents sometimes do this for their kids."}
{"_id": "434466", "title": "", "text": "\"I assume by that you mean gradually buying the same mix of funds over time.  If that's the case, there is no rational reason to do this.   Dollar-cost averaging is an artifact of the way most people fund their 401(k).  I would not consider it a viable \"\"strategy\"\".  (Neither does Wikipedia)  Let's say you have $100,000 that you add $10,000 at a time.  When you add money, one of three things can happen: Since you can't predict the future, there's no mathematical justification for buying in segments.  There's just as much chance that your funds will be worth more or less, so on average it should make little to no difference.   In fact, given the time value of money there is a slight  advantage to investing it all now so you can capture any future returns.  You can always rebalance later to capture gains on some funds and purchase funds that are down to (hopefully) catch them on a rebound.\""}
{"_id": "434509", "title": "", "text": "When debit cards were first made available one of the advertised strengths was that if you never wrote a check,and always used a debit card, you could never be overdrawn. They money would be instantly withdrawn from the account and the balance would always reflect perfectly the amount of money in the account. Of course some saw the loss of float as a weakness, but for others this instantaneous aspect was what they needed.  If only that were true. I have seen debit card transactions take a couple of days to appear. I have seen a $1 hold for gas not be removed and the real amount withdrawn for 2 or 3 days. Horror stories about having a $3 coffee end up costing $30 because of overdraft fees can only occur if the transactions aren't instant.  The contactless feature doesn't make the time delay any shorter. The delay for an individual transaction, assuming there are no unusual network problems, still depend on the vendor policies, the card network policies, and the bank policies. But from the viewpoint of the cashier the transaction has been completes and the customer can leave with their coffee. From the viewpoint of the bank account it may still be waiting,"}
{"_id": "434519", "title": "", "text": "It would help if we had numbers to walk you through the analysis. Current balance, rate, remaining term, and the new mortgage details.  To echo and elaborate on part of Ben's response, the most important thing is to not confuse cash flow with savings. If you have 15 years to go, and refinance to 30 years, at the rate rate, your payment drops by 1/3. Yet your rate is identical in this example.  The correct method is to take the new rate, plug it into a mortgage calculator or spreadsheet using the remaining months on the current mortgage, and see the change in payment. This savings is what you should divide into closing costs to calculate the breakeven. It's up to you whether to adjust your payments to keep the term the same after you close.  With respect to keshlam, rules of thumb often fail. There are mortgages that build the closing costs into the rate. Not the amount loaned, the rate. This means that as rates dropped, moving from 5.25% to 5% made sense even though with closing costs there were 4.5% mortgages out there. Because rates were still falling, and I finally moved to a 3.5% loan. At the time I was serial refinancing, the bank said I could return to them after a year if rates were still lower. In my opinion, we are at a bottom, and the biggest question you need to answer is whether you'll remain in the house past your own breakeven time. Last - with personal finance focusing on personal, the analysis shouldn't ignore the rest of your balance sheet. Say you are paying $1500/mo with 15 years to go. Your budget is tight enough that you've chosen not to deposit to your 401(k). (assuming you are in the US or country with pretax retirement account options) In this case, holding rates constant, a shift to 30 years frees up about $500/mo. In a matched 401(k), your $6000/yr is doubled to $12K/year.  Of course, if the money would just go in the market unmatched, members here would correctly admonish me for suggesting a dangerous game, in effect borrowing via mortgage to invest in the market. The matched funds, however are tough to argue against."}
{"_id": "434545", "title": "", "text": "No two states have the same exact laws regarding community property.  I would recommend asking a competent financial advisor in your area, as they would be more familiar with the local statutes."}
{"_id": "434568", "title": "", "text": "The real benefit to the environment will come as the grid is powered by more renwables. Tesla will charge when renwables are generating, store power in its big battery, and feed energy back to the grid during times of high demand or when renewable sources are down"}
{"_id": "434570", "title": "", "text": "\"&gt; They trick people into rigged contracts, which requires paying uber even if you quit. So your time spent making money at another job belongs to uber.  Can you link me to some info on this? This is bizarre.  &gt;What makes it \"\"sort of\"\" slavery is the foolishness of entering the contract.  lol\""}
{"_id": "434574", "title": "", "text": "Another factor is that a natural disaster ends up having a positive effect on GDP (if the country is already wealthy.)  Everything needs to be rebuilt, and this takes money.  It's one of the greatest flaws of GDP calculation, because it doesn't write off the damage as a capital loss."}
{"_id": "434590", "title": "", "text": "No...it is...overall there are less insects than the rest of the Midwest from what I have experienced; and the food is shockingly good...they are the only other city that has meat comparable to Chicago.  They have great steak houses and other american food....mexican,  not so much unfortunately."}
{"_id": "434592", "title": "", "text": "If your primary goal is no / minimized fees, there are 3 general options, as I see it:  Based on the fact that you want some risk, interest-only investments would not be great. Consider - 2% interest equals only $1,500 annually, and since the trust can only distribute income, that may be limited. Based on the fact that you seem to have some hesitation on risk, and also limited personal time able to govern the trust (which is understandable), I would say keep your investment mix simple. By this I mean, creating a specific portfolio may seem desirable, but could also become a headache and, in my opinion, not desirable for a trust executor.  You didn't get into the personal situation, but I assume you have a family / close connection to a young person, and are executor of a trust set up on someone's death. That not be the case for you, but given that you are asking for advice rather than speaking with those involved, I assume it is similar enough for this to be applicable: you don't want to set yourself up to feel emotionally responsible for taking on too much risk, impacting the trustee(s)'s life negatively. Therefore, investing in a few limited index funds seems to match what you're looking for in terms of risk, reward, and time required. One final consideration - if you want to maximize annual distributions to the trustee(s)'s, consider that you may be best served by seeking high-dividend paying stock (although again, probably don't do this on a stock-by-stock basis unless you can commit the time to fully manage it). Returns in the form of stock increases are good, but they will not immediately provide income that the trust can distribute. If you also wish to grow the corpus of the trust, then stock growth is okay, but if you want to maximize immediate distributions, you need to focus on returns through income (dividends & interest), rather than returns through value increase."}
{"_id": "434596", "title": "", "text": "In general stock markets are very similar to that, however, you can also put in limit orders to say that you will only buy or sell at a given price. These sit in the market for a specified length of time and will be executed when an order arrives that matches the price (or better). Traders who set limit orders are called liquidity (or price) makers as they provide liquidity (i.e. volume to be traded) to be filled later. If there is no counterparty (i.e. buyer to your seller) in the market, a market maker; a large bank or brokerage who is licensed and regulated to do so, will fill your order at some price. That price is based on how much volume (i.e. trading) there is in that stock on average. This is called average daily volume (ADV) and is calculated over varying periods of time; we use ADV30 which is the 30 day average. You can always sell stocks for whatever price you like privately but a market order does not allow you to set your price (you are a price taker) therefore that kind of order will always fill at a market price. As mentioned above limit orders will not fill until the price is hit but will stay on book as long as they aren't filled, expired or cancelled."}
{"_id": "434614", "title": "", "text": "Because it takes more than a day to establish a cab network...  Also, it looks like Lyft has garnered some market share from this fiasco, but customers clearly have different priorities here. You may be willing to pay much more, but not everyone is willing. Uber still has a larger network and competes on price especially with their pool option. Just like United,  customers are showing with their wallet that it's not really worth that much to make the switch as long as they keep getting promotions and discounts."}
{"_id": "434615", "title": "", "text": "so\u00b7cial\u00b7ism \u02c8s\u014dSH\u0259\u02ccliz\u0259m/ noun noun: socialism  &gt;a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be ***owned or regulated by the community as a whole.*** ie. government.  Regulations are socialism. You don't even have to augment it with the word crony."}
{"_id": "434619", "title": "", "text": "If a business incurs expenses in the process of its trading, generally those expenses are deductible. Disposing of waste is generally held to be a deductible expense."}
{"_id": "434621", "title": "", "text": "\"Spoken like a true non-business person.  I'm an engineer that now has an MBA. It's not \"\"fluff\"\", far from it. In fact, I'm doing more quantitative work now than I did as an engineer. I use MATLAB and Excel more than I ever did before. And I'm in marketing, one of the less quantitative MBA jobs.\""}
{"_id": "434624", "title": "", "text": "I worked at TRU in 1990. Night crew. Hilariously fun.   In 1995, I did a consult for their executive team for some database stuff. I mentioned I was an employee, we got to talking, I saw their processes and mindset...  Things haven't really changed from 1990 to 1995 and from 1995 to now. They have somewhat of an idea of what to do, they just can't seem to get it done.   I shopped there over Xmas. I could tell more stories.   Sad thing is, I told them what they needed to do 16 years ago. I think half the reason they hooked up with amazon.com was because doing it right and starting over from scratch was too much for them. Their entire operation is still connected to bad practices from the past."}
{"_id": "434625", "title": "", "text": "\"Here is how I would approach that problem: 1) Find the average ratios of the competitors: 2) Find the earnings and book value per share of Hawaiian 3) Multiply the EPB and BVPS by the average ratios. Note that you get two very different numbers.  This illustrates why pricing from ratios is inexact.  How you use those answers to estimate a \"\"price\"\" is up to you.  You can take the higher of the two, the average, the P/E result since you have more data points, or whatever other method you feel you can justify.   There is no \"\"right\"\" answer since no one can accurately predict the future price of any stock.\""}
{"_id": "434633", "title": "", "text": "This is basically done to reduce costs and overhead, with agreement of the credit card issuers. When the card is physically present and the charge is low, the burden of keeping the signed receipts and of additional delays at the cash register is not worth the potential risk of fraud. Depending on the location and the specific charge-back history of the business, the limit above which signature is required differs. In one supermarket in the area I live they require signatures only on charges above $50. In another, 10 miles away from the first one, they require signatures on charges above $25."}
{"_id": "434653", "title": "", "text": "Pm me. As a long time bar and restaurant owner who specializes in audits on projects like this I can tell that there are a number of variables at play in this scenario.   A typical MBA won't see the industry issues you need to address.    I can do a phone convo for 15 min and get you sorted fast. Happy to pro bono it.   Good luck."}
{"_id": "434657", "title": "", "text": "Your suggestion seems a bit too extreme. Handing auditing responsibility to a government body/agency would just create its own set of problems and other conflicts of interest (for example, opinions could be subject to politics, increased bureaucracy, laziness due to monopoly) Hell, if the government audited the statements, they would have the power to authorize only accounting policies that maximized a company's tax payout.  The audit only firm proposal by the European Commission seems to be the more reasonable solution to try to avoid conflicts of interest (firms that audit companies are less likely to issue adverse/qualified opinions on them since those companies were simply following the firms' own consulting advice) which seems to be the heart of the problem even though the SOX nearly eliminated that. But if the audit business was effectively separated from accounting firms' other practices and audit only companies sprung up then other problems would arise. Audit only firms would still be unwilling to piss major clients off by issuing qualified opinions (and lose future business). Also, since the audit business is not really the present firms' money maker, costs to audit would only increase to ensure that audit only firms are profitable."}
{"_id": "434659", "title": "", "text": "i think 150 hours of practice is enough for level 1, im taking level 1 in december and i have a bba in finance&amp;investments, work on buy side for equity fund. while a lot of the material is conceptual, being in the industry i already knew almost half the stuff pretty well. the way i study is by consistently doing practice questions(this is key for level 1, make sure to get the schweser test bank and do all 4,000+ questions!) after every section going back to the start so i dont forget anything along the way. i avg about 85% score and have studied so far for about 100-120 hours.  hope that helps"}
{"_id": "434694", "title": "", "text": "Probably.  It sounds like you're looking for a 1031-exchange for stocks and bonds.  From the wikipedia page for 1031-exchanges: To qualify for Section 1031 of the Internal Revenue Code, the properties exchanged must be held for productive use in a trade or business or for investment. Stocks, bonds, and other properties are listed as expressly excluded by Section 1031 of the Internal Revenue Code, though securitized properties are not excluded.  1031-exchanges usually are applicable in real estate."}
{"_id": "434704", "title": "", "text": "Underwriting manager here. It's not a big deal. Call your processor or loan officer tomorrow to make sure it's been cleared. My guess is that the underwriter or loan officer noted the discrepancy and corrected it in their systems. You'll have to sign a updated 1003 and 4506T at closing with correct info.  In other words...no biggie, no worries. Not a show stopper at all."}
{"_id": "434733", "title": "", "text": "Hello,  I'm\u200b very interested in learning money. I used the search function, which led me to Investopedia, and already I'm learning a bunch.  Could you recommend me some introductory reading on finance and economics? I have no education on this subject, and I realise that reading isn't anywhere near having a good formal education, but some knowledge is better than none.  I'm looking to put this knowledge towards understanding what is a an enormous organ of power, and gaining the ability to recognise opportunities and profit.  So yeah, economics and finance, but I will study anything you throw my way, so the more the better. Especially because investments and accounting also seem interesting and useful.  P.S.: I'm European, if this makes a difference in what content will be relevant to me.  Thank you for reading this."}
{"_id": "434734", "title": "", "text": "I assume that with both companies you can buy stock mutual funds, bonds mutual funds, ETFs and money market accounts. They should both offer all of these as IRAs, Roth IRAs, and non-retirement accounts.  You  need to make sure they offer the types of investments you want. Most 401K or 403b plans only offer a handful of options, but for non-company sponsored plans you want to have many more choices. To look at the costs see how much they charge you when you buy or sell shares. Also look at the annual expenses for those funds. Each company website should show you all the fees for each fund. Take a few funds that you are likely to invest in, and have a match in the other fund family, and compare. The benefit of the retirement accounts is that if you make a less than perfect choice now, it is easy to move the money within the family of funds or even to another family of funds later. The roll over or transfer doesn't involve taxes."}
{"_id": "434749", "title": "", "text": "You're trading a fixed liability for an unknown liability. When I graduated from college, I bought a nice used car. Two days later, a deer came out of nowhere, and I hit it going 70 mph on a highway. The damage? $4,500. If I didn't have comprehensive insurance, that would have been a real hit to me financially. For me, I'd rather just pay the modest cost for the comprehensive."}
{"_id": "434754", "title": "", "text": "&gt;If society is evil (as you believe)  I don't believe society is evil. I believe that some people make irrational decisions, some people make evil intentionally discriminatory decisions, that some people are indifferent to the suffering of others, and that all of those things combining are why the libertarian fantasy doesn't work.  &gt;Legislation doesn't help  It absolutely does. When interracial marriage was illegal, society didn't want it to be made legal. It was against society's wishes according to the majority. It was made legal anyway, and (in sane parts of the country) we all moved on.   You can pretend legislation isn't necessary, but it is, and libertarianism is naive at best."}
{"_id": "434766", "title": "", "text": "If someone wants to get maximum exposure to its target audience, they should instantly buy real active Instagram followers. But doing so is not a piece of cake, we can say that it is just like lying the foundation of a house on which the pillars of a successful business stand.  It is always a difficult task to choose the best real Instagram followers for your business or personal account because no one knows who the real Instagram follower provider are and who are nothing more than just a spam. Once you get confirm about the authenticity of the follower provider, the next step to follow is to check the pricing packages they provide and should always choose those firms that offer the most affordable package.  Here we are going to share few simple steps that one should follow if he or she wants to choose the best Instagram follower provider. Let us have a look,  For More Info:- Buy Real Active Instagram Followers"}
{"_id": "434769", "title": "", "text": "FedEx pays as little as it can get away with to employees, because it CAN.  We are in an employer, not employee, favoring market.  Of course they pay less.  But the Post Office is antiquated.  If it wants to survive, it needs to adapt to the times.  The reasons it is kept around seem more sentimental than anything else.  I used to work at the Post Office, and I definitely didn\u2019t make $5.00 / hour more than anyone.  Unless they were waiters, who depend on tips.  I still want to see how we know government employees are making $5.00 / hour more than they should."}
{"_id": "434788", "title": "", "text": "Not really. The lender is not buying the stock back at a lower price. Remember, he already owns it, so he need not buy it again. The person losing is the one from whom the short seller buys back the stock, provided that person bought the stock at higher price.  So if B borrowed from A(lender) and sold it to C, and later B purchased it back from C at a lower price, then B made profit, C made loss and A made nothing ."}
{"_id": "434789", "title": "", "text": "Houses depreciate. Period. Things break: the hot water heater explodes, the AC cuts out in August, the roof leaks, the basement floods, toilets back up, raccoons dig up the garden. Each time something breaks, the house loses value. Every year the paint fades a little, the house loses value. Every time GE comes out with a more efficient washing machine, the house loses value. The only reason a house appears to maintain its value over time is because the money you spend repairing and improving it offsets this unavoidable depreciation. Even then, over extended periods of time it will typically just track inflation--so you're treading water. Not that there's anything wrong with that. You need to live somewhere."}
{"_id": "434792", "title": "", "text": "Yes but it's more important to look at the longer term trends, which Schiff would actually probably support.   He is not anyone you should take very seriously for intelligent economic debate. His glory comes from calling the real estate bubble, which deserves some credit, but all of his predictions of what would occur during the fall out have been wrong and almost the exact opposite. He doesn't understand modern economics."}
{"_id": "434799", "title": "", "text": "\"I'm trying to understand how an ETF manager optimized it's own revenue.  Here's an example that I'm trying to figure out.  ETF firm has an agreement with GS for blocks of IBM. They have agreed on daily VWAP + 1% for execution price.  Further, there is a commission schedule for 5 mils with GS. Come month end, ETF firm has to do a monthly rebalance. As such must buy 100,000 shares at IBM which goes for about $100 The commission for the trade is 100,000 * 5 mils = $500 in commission for that trade. I assume all of this is covered in the expense ratio. Such that if VWAP for the day was 100, then each share got executed to the ETF at 101 (VWAP+ %1) + .0005 (5 mils per share) = for a resultant 101.0005 cost basis  The ETF then turns around and takes out (let's say) 1% as the expense ratio ($1.01005 per share)  I think everything so far is pretty straight forward. Let me know if I missed something to this point.  Now, this is what I'm trying to get my head around. ETF firm has a revenue sharing agreement as well as other \"\"relations\"\" with GS. One of which is 50% back on commissions as soft dollars. On top of that GS has a program where if you do a set amount of \"\"VWAP +\"\" trades you are eligible for their corporate well-being programs and other \"\"sponsorship\"\" of ETF's interests including  helping to pay for marketing, rent, computers, etc.  Does that happen? Do these disclosures exist somewhere?\""}
{"_id": "434810", "title": "", "text": "Lol spoken like a true idiot who can't debate facts. The only demons here are the ones in your head that keep telling you your shit doesn't stink.  Most people who disagree with a portrayal of facts counter with facts of their own. Not you though! You counter with demons and dragons and Satan and any other boogeyman bullshit you were scared of when you were a kid (and still scared of).  Congratulations! You, along with buckshot, juror, are among an elite few that have less substance than the shit I just took."}
{"_id": "434812", "title": "", "text": "ESPP is common among US companies, often with a framework similar to your outline.  In the US, some ESPPs allow sales of shares to be considered qualifying (subject to capital gains rather than ordinary income tax) if they are sold at least 2 years after the enrollment date and at least 1 year after the purchase date.  These details can vary from one plan to another and will be stated in the company's ESPP enrollment documents.   Do look at the high and low values of the stock over the last year.  If it swings up and down more than 15% (or whatever the discount is), then that risk should be a factor in your decision.  If the stock is trending upward over the long term and you are confident in the durability of the company, then you might favor holding."}
{"_id": "434835", "title": "", "text": "Corporate profits are currently taxed twice. Once at the corporate level, and a second time when the corporation's owners get paid via dividends or capital gains.   The alternative is simply to eliminate the corporate-level taxation and raise the dividend and capital gains taxes back up to normal levels. Instead of (1-35%)*(1-15%) we'd just have (1-45%) or something"}
{"_id": "434836", "title": "", "text": "Is the study confirming that warning $7.25 an hour sucks, or is confirming that a higher minimum wage (say 10-15 / hour) would magically result in better conditions and no job losses, and no difficulty finding a first job?  Those are very different questions."}
{"_id": "434838", "title": "", "text": "\"I buy new clothes when the old ones fall apart, literally. When jeans get holes in the knees, they're relegated to gardening or really messy jobs. Shirts go until they're worn so much that I can't reasonably wear them to work any more. Sounds like your \"\"dress code\"\" at work is about like mine (also a software engineer). I've found that the Dickies jeans and work pants are sturdy, long lasting, fit in reasonably at the workplace, and are very inexpensive. If you know that you're going to need to replace some pants or shirts, wait for a sale to roll around at a local store, and then stock up. I don't specifically budget for clothes since I spend so little. But I'd be at the bottom of anybody's list in terms of giving fashion advice...\""}
{"_id": "434846", "title": "", "text": "\"When I have a question about my income taxes, the first place I look is generally the Giant Book of Income Tax Information, Publication 17 (officially called \"\"Your Federal Income Tax\"\"). This looks to be covered in Chapter 26 on \"\"Car Expenses and Other Employee Business Expenses\"\". It's possible that there's something in there that applies to you if you need to temporarily commute to a place that isn't your normal workplace for a legitimate business reason or other business-related travel. But for your normal commute from your home to your normal workplace it has this to say:  Commuting expenses.   You cannot deduct the costs of taking a bus, trolley, subway, or taxi, or of driving a car between your home and your main or regular place of work. These costs are personal commuting expenses. You cannot deduct commuting expenses no matter how far your home is from your regular place of work. You cannot deduct commuting expenses even if you work during the commuting trip.\""}
{"_id": "434853", "title": "", "text": "Give Harris Bank a call; they might be able to help you As of August 21, 2015, Harris bank does NOT offer Canadian dollar accounts in the U.S."}
{"_id": "434868", "title": "", "text": "Dunno who downvoted you.  Yes, that (as far as I understand your US Glass-Steagall act) is what he's advocating.  In the late 1990s, when you guys were repealing your GS act, we in the UK were doing the same with our version of the same idea, thus permitting lunatic, risk-taking investment bankers to start playing with the deposited money of savings banks.  Yadda, yadda, yadda, time passed, investment bankers took all of our money down the shitter, and then we had to pay them off because they hadn't just lost their own money, they had also lost all of *our* money, too. Hence bank bailouts, which were really the government bailing *us* out, because we had all been *gigantically goddamn fucking moronically stupid* enough to invest our money in investment banks instead of savings banks.  Merv wants to re-separate the investment banks from the savings banks again because this is the *second* time this has happened, and we could do with the peace that will come from putting up walls that it will take another 80 years for the bankers to lobby down again."}
{"_id": "434869", "title": "", "text": "\"It is difficult to become a millionaire in the short term (a few years) working at a 9-to-5 job, unless you get lucky (win the lottery, inheritance, gambling at a casino, etc). However, if you max out your employer's Retirement Plan (401k, 403b) for the next 30 years, and you average a 5% rate of return on your investment, you will reach millionaire status.  Many people would consider this \"\"easy\"\" and \"\"automatic\"\". Of course, this assumes you are able to max our your retirement savings at the start of your career, and keep it going.  The idea is that if you get in the habit of saving early in your career and live modestly, it becomes an automatic thing. Unfortunately, the value of $1 million after 30 years of inflation will be eroded somewhat.  (Sorry.) If you don't want to wait 30 years, then you need to look at a different strategy.  Work harder or take risks.  Some options:\""}
{"_id": "434896", "title": "", "text": "It's an infosec rule at my 200 person software company that really doesn't have much of a security risk (i.e. no one would gain much by getting into our records). If it wasn't a rule at equifax, at least on paper, I'll eat my hat or a dictionary or something.  To be clear, I'm not claiming I know this, I'm just basing it on experience working in smaller tech companies. And let's put it this way... the failings of big companies are very rarely a *lack* of rules and bureaucracy."}
{"_id": "434904", "title": "", "text": "Unless other people believe you have a reason for selling at a lower price, your sale probably has no lasting effect at all on the market. Of course, if people see you dump a few million dollars' worth of shares at a discount, they may be inclined to believe you have a reason. But if you just sell a few, they will conclude the reason is just that you needed cash in a hurry."}
{"_id": "434905", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/09/19/travel/tourism-united-states-international-decline.html) reduced by 81%. (I'm a bot) ***** &gt; Within Europe, the tourism declines were largest in Switzerland at nearly 28 percent, Belgium at 20 percent and Britain at 15.5 percent.  &gt; &amp;quot;The international travel market is ultracompetitive, and the U.S. is falling behind,&amp;quot; said Roger Dow, the president and chief executive of the U.S. Travel Association, a nonprofit that promotes travel to and within the United States, in a statement.  &gt; The Commerce Department&amp;#039;s National Travel and Tourism Office reported a 2.5 percent increase in spending by international visitors to $83.4 billion in the first four months of the year compared to the same period in 2016.Some of the decline in first quarter results may be because of the shift of the Easter and Passover holidays, when travel usually spikes.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/715i19/international_tourism_to_the_us_declined_in_early/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~213088 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **travel**^#1 **percent**^#2 **States**^#3 **year**^#4 **United**^#5\""}
{"_id": "434906", "title": "", "text": "I read, however, that if the company's assets are not kept separate from our assets then if we got sued, the corporate veil would be pierced. This whole venture would be to give us additional income so my wife could watch our daughter and have an income."}
{"_id": "434925", "title": "", "text": "\"If markets are efficient they will be unpredictable.  If all past information is already priced into a stock then movement will only occur when new information is introduced.  Since no one can predict future events stocks will move in an unpredictable way.  If markets are inefficient in the short term, people should be able to figure out the long-term price movements.  This doesn't seem to be the case.  This is why the authoritative book on market efficiency is called \"\"A **Random** Walk Down Wall Street\"\".\""}
{"_id": "434940", "title": "", "text": "\"I think this is more a symptom of the complexity and difficulty associated with buying a smartphone; unless you're technically inclined, the long lists of specs and features for each model are difficult to compare, turning buying a smartphone into \"\"I know the iPhone and galaxy s3 are good, so I'll just get one of those rather than doing hours of research on what's really best for me\"\".\""}
{"_id": "434958", "title": "", "text": "\"&gt; Spoken like one who's soul has already been sold.  Soul has been sold? It's comical how exaggeratedly apocalyptic your conspiracy theories are just because I'm willing to admit that not everybody at Fox fits into your conspiracy theory.  I don't even know what you're trying to say here anyways. Who are you implying bought my soul for what and why would my comment demonstrate that?  &gt; Real people know they're being lied to.  Yes, and Fox news viewers include many real people... which is why a portion of both viewers and presenters are indeed intelligent, well-meaning people looking for accurate reporting. There are plenty of intelligent and self-aware conservatives who are aware of media bias. Awareness of media bias is in large part why Fox viewers were so happy to have a conservative alternative. All media has bias and many people are more comfortable in the context of certain biases than others. The fact there are also presenters and viewers that don't fit this high integrity, high intelligence and/or high awareness description doesn't justify simplifying those who do out of the picture just to give your narrative a more pure sense of good and evil. It turns out that the real world is not so conveniently simple. There is bad in good. There is good in bad. You're enemy may do good things or work with good people. Your ally may do bad things or work with bad people. All people, parties, governments and businesses have competing interests some of which likely clash with yours and some of which probably align with yours. The real world is complex.  &gt; Some people don't understand the extent to which they are being manipulated.  This is why MY comment suggest that SOME people are one way and SOME people are another way. There is a big jump between this claim (a \"\"some\"\" statement) and your more extreme suggestions (\"\"all of them\"\" / \"\"none of them\"\" statements). By disagreeing with my comment, you were making a jump to the latter which is not supported by a statement like this and requires stereotyping the world into an unrealistic black and white.\""}
{"_id": "434972", "title": "", "text": "They start at six figures with just a bachelor's, and their raises tend to be pretty substantial. Many of them will earn more than $200k before they are age 30. Basically, if they were to live relatively normal lifestyles (many do not), save and invest most of their earnings, then they should be able to become a millionaire at around age 30 while just following their career path, without taking big risks such as starting a business."}
{"_id": "434986", "title": "", "text": "\"Central Banks are essentially a cartel, designed to let banks in general borrow money from depositors at relatively low interest rates.  They do this in two ways:  By reassuring depositors that momentary cash flow problems at banks will not result in banks failing, they lower the interest rates that depositors demand.  And by imposing strict regulations on banks that are borrowing from depositors at high interest rates.  (People who move money to the banks offering the highest interest rates are especially likely to participate in bank runs.) Borrowing \"\"too much\"\" from the Central Bank is considered to be a sign of a bank that is too weak to attract deposits from depositors at \"\"reasonable\"\" interest rates. If a bank borrows \"\"too much\"\" (as a percentage of the bank's assets) from the Central Bank, the bank regulators will subject the bank to heavy scrutiny.  If the bank fails to find ways to reduce its borrowing from the Central Bank, the bank regulators are likely to steal the bank from its shareholders, and sell the bank to a \"\"stronger\"\" bank that pays lower interest rates.\""}
{"_id": "435006", "title": "", "text": "This doesn't seem to explain the odd behavior of the collector, but I wanted to point out that the debt collector might not actually own the debt. If this is the case then your creditor is still the original institution, and the collector may or may not be allowed to actually collect. Contact the original creditor and ask how you can pay off the debt."}
{"_id": "435021", "title": "", "text": "NPR has turned into corporate propaganda. Industry has to place these stories before they hire people from overseas who will work for half the wages of Americans. If Trump succeeds with raising blue collar wages substantially the Democrats are done. What can they do if they permanently lose blue collar workers?"}
{"_id": "435023", "title": "", "text": "It seems to me that your main question here is about why a stock is worth anything at all, why it has any intrinsic value, and that the only way you could imagine a stock having value is if it pays a dividend, as though that's what you're buying in that case.  Others have answered why a company may or may not pay a dividend, but I think glossed over the central question.  A stock has value because it is ownership of a piece of the company. The company itself has value, in the form of: You get the idea. A company's value is based on things it owns or things that can be monetized.  By extension, a share is a piece of all that. Some of these things don't have clear cut values, and this can result in differing opinions on what a company is worth.  Share price also varies for many other reasons that are covered by other answers, but there is (almost) always some intrinsic value to a stock because part of its value represents real assets."}
{"_id": "435025", "title": "", "text": "I've had positive experiences and negative ones. One key is to be sure you have followed ALL of the instructions. Once I forgot a small piece of information and lost out on $40. I was not happy. A few weeks ago I got a rebate for $50 from Staples, and it couldn't have been simpler. Stick with big companies and make sure you do everything on time. Companies use rebates because they know some people will forget, mess up, or not use the rebate. They make a ton of money off of unused rebates."}
{"_id": "435033", "title": "", "text": "One of the top benefits is that they are stronger than the old and traditional wooden installations. Moreover, you\u2019ll not find them as well as awning windows Melbourne becoming victims of climatic changes and these awning windows melbourne make sure that your houses warm in all conditions."}
{"_id": "435060", "title": "", "text": "\"X-Post referenced from [/r/irstudies](http://np.reddit.com/r/irstudies) by /u/smurfyjenkins   [Do Immigrants Cost Native-Born Taxpayers Money? - \"\"The future impact of one additional immigrant is strongly positive, with the government accruing an estimated net present value of $173,000 to $259,000\"\"](http://np.reddit.com/r/IRstudies/comments/6q012s/do_immigrants_cost_nativeborn_taxpayers_money_the/) *****      ^^I ^^am ^^a ^^bot. ^^I ^^delete ^^my ^^negative ^^comments. ^^[Contact](https://www.reddit.com/message/compose/?to=OriginalPostSearcher) ^^| ^^[Code](https://github.com/papernotes/Reddit-OriginalPostSearcher) ^^| ^^[FAQ](https://github.com/papernotes/Reddit-OriginalPostSearcher#faq)\""}
{"_id": "435065", "title": "", "text": "I've used prosper for a while and have a pretty good return based purely on shotgun approach.  I recently invested a few thousand with their automated tool.  Some people will default, but that's expected and part of their expected return calculation."}
{"_id": "435070", "title": "", "text": "If training in suitable subject areas can be taken, which will help you to be a better employee and contribute efficiently to overall company\u2019s advancement, then your professional life can be secured. Your competency will be enhanced and your quality contribution to help the company achieve its goals will be recognized."}
{"_id": "435075", "title": "", "text": "I do understand what a creditor and equity holder is. I'm just saying my teacher NEVER brought up ponzi schemes and tied it to anything related to our accounting. He didn't think it was worth his time to go into details how ponzi schemes break accounting principles.  I also posted the question in finance as my finance courses dealt with financing money... And banks..."}
{"_id": "435079", "title": "", "text": "\"Why not both?  I have been working and studying at the same time since I was 13... for all purposes, when I finished high school, I was working and studying part time... until I got my B.Sc in Computer Science and Masters in Business Administration (MBA)... developed my career and now I am a senior executive making excellent money and supervising many people.  In retrospect, I want to tell you that the degrees did not help me at all in my career in the sense that did not teach me anything of significance for real work and career life, nor did they lend me my first jobs.   However(!!!), without a degree (piece of paper), I could not advance to my current position because \"\"degree required for this position\"\".  One more thing, very important: when I studied for my MBA, and worked full(!) time, I had no choice but to take night classes (City University of NY, Baruch College, one of the best business schools in the country). **This was the best experience I had in all the of my college studies!** Why? Because all(!) the professors who teach in the night were working in the morning in their normal jobs - none of them were tenured professors.   They were real business people, grounded, know what they are talking about, and they were teaching because they loved to teach and share the experience and knowledge. **Do you understand what I am saying here?**  So, I did not get the theoretical nonsense from them. They actually taught us what really happens, the real approach to things, and the real issues to address.  P/S: My son is following my way. Since he was 11, he works in the areas he like (Minecraft) and he made money since then, running classes, getting to know people in the field, getting experience, getting work ethics, etc. If he wants to go to Harvard, fine with me, but I think he just need to go to \"\"reasonable\"\" low cost college to get those pieces of papers called \"\"Diplomas\"\".\""}
{"_id": "435082", "title": "", "text": "You cannot become a CFA charterholder without job experience (I think it is 5 years in a finance-related job). But typically, for students or recent graduates, passing the Level 1 exam has a lot of value as it signals your interest in the field and shows that you have the work ethic to go through the 1000+ pages of material. The incremental value of Level 2 and Level 3 is not as much, but they still add value. I did a career change into finance and I planned to take the Level 1, but I found that I didn't have the time to apply for jobs and study at the same time. I ended up getting a job without taking the exam. I did end up taking the exam last weekend after I started working at my new job."}
{"_id": "435096", "title": "", "text": "You are looking for the Internal Rate of Return. If you have a spreadsheet like Microsoft Excel you can simply put in a list of the transactions (every time money went in or out) and their dates, and the spreadsheet's XIRR function will calculate a percentage rate of return. Here's a simple example. Investment 1 was 100,000 which is now worth 104,930 so it's made about 5% per year. Investment 2 is much more complicated, money was going in and out, but the internal rate of return was 7% so money in that investment, on average, grew faster than money in the first investment."}
{"_id": "435100", "title": "", "text": "&gt; Then I'll pay for those services as I use them. Not before. except for the fact that you need them set up before you use them  &gt;It's not cheaper for me. I don't have kids, no public school. I work from home, no commuting. It's a lose/lose scenario for me.  think about it as an investment in the future for when you do need it, and those kids skills.  &gt;I work for the government. Many of the government services are valuable. It's just seems more logical to pay for them as you use them, like every single other business works.  good luck getting the cashflow with that sorta system to work  &gt;Even more reason to test the experiment. Let's give it a try and see what happens. I'm sure I'll be fine.  the experiment was conducted for hundreds of years it didn't work so we changed it, and then it worked a lot better, if you try that experiment we know it was fail.  &gt;Actually you don't. You just want free shit like everyone else.  honestly I do understand and I also believe in limits to what we expect the Gov to do, but the current rhetoric around it is just stupid, read Bill Clinton's last book it goes into a lot of detail around it.  Now here is something I want you to think about.  A truck causes 50X more damage to the roads than a car does, so according to you a truck should pay 50X the road tax of a car, now after this happens how much more will you be paying for your goods, but thats alright you save a little on your road tax."}
{"_id": "435105", "title": "", "text": "\"Much of the interest on a loan comes in the first years of a mortgage, so the sooner you can pay that off, the better.  But let's see what the numbers say. If you have a loan at 4%, principal of $100,000, a term of 30 years, then this gives monthly payments of $477.42 (using the Excel PMT function). If you sell the house after precisely 5 years worth of payments, then you have made $28,644.92 in payments, you still owe $90,924.93. Suppose you sell the house for $100,000.  That means you will be in the hole for: $100,000 - $90,924.93 - $28,644.92 = -$19,569.85 Now, suppose you pay an extra $50 per month over the five years.  The same calculation becomes: $100,000 - $87,659.98 - $31,644.92 = -$19,304.90 So in this scenario, which is a little simplistic, you are $264.95 better off. The question you have to ask is whether you could have done better investing the $3,000 in extra payments somewhere else. The CAGR in doing this is 1.7%, so you might be better off putting the money away. Running the same numbers for a 6% mortgage the CAGR you have is about 2.7%. Edit I've added a Google Docs spreadsheet (read-only) that you can download and play with.  Feel free to correct anything you find amiss! Edit 2  OK, so I've had a look at what JoeTaxpayer is saying in the comments below, and now I agree:  The CAGR should be 4%. Where I want wrong was to assume that the $50 per month payments over the five years are worth $50 * 5 * 12 = $3000.   This neglects the \"\"time value of money\"\" --- having small amounts of money periodically, rather than all of it in a lump sum. Including this makes the \"\"effective\"\" value of the monthly $50 payments $2714.95 written as =PV(0.04/12,60,-50) in Excel or Google Docs. I've added a tab to the original spreadsheet to show the different calculations.  Note that it still doesn't quite come to 4%, but I guess it's a minor error in the sheet. NB: I know, I'm leaving out mortgage interest tax relief, costs for selling etc. etc.\""}
{"_id": "435113", "title": "", "text": "I agree that it sounds like a lot. The last time I read about it someone had been banned for violating the threshold. They were very angry. Their point was that it fails to account for volume of purchases or cost of items returned. They had been buying everything through amazon, so it was particularly harsh to be cut off, but they thought it was unfair since some people are able to exceed the amount of value returned comparatively several times over without violating the magic threshold. (i.e. return 40 $1 items and lose your account, but return 10 $1k items and you're fine)."}
{"_id": "435118", "title": "", "text": "\"The goldbug crowd over on ZeroHedge's comments seem fond of reminding everyone that, while they might have bought and owned some gold in the past, they don't have it any more because they actually lost it all in a lake in \"\"a tragic boating accident\"\".  And who's going to prove otherwise? For that group, who are convinced cash (\"\"fiat paper\"\") will at some point be worthless, the stockmarket will evaporate, the highest grade bonds will default and bank accounts and other personal assets will be subject to confiscation and \"\"bail in\"\"... general bug-out apocalypse in other words... having a \"\"secret stash\"\" of high-value physical assets is obviously quite important and reassuring and presumably totally \"\"worth it\"\".\""}
{"_id": "435125", "title": "", "text": "\"Most companies are taken over. One can reasonably guess that company X will be taken over for a price P, at some future point in time. Then the company has a value today, that is less than price P, by a large enough margin so that the investor will likely \"\"make out\"\" when the company finally is taken over at some unknown point in time. The exception is a company like Microsoft or Apple that basically grow too large to be taken over. But then they eventually start paying dividends when they become \"\"mature.\"\" Again, the trick, during the non-dividend paying period (e.g. ten or fifteen years ago) is to guess what dividends will be paid in some future time, and price the stock low enough today so that it will be worthwhile for the buyer.\""}
{"_id": "435156", "title": "", "text": "For any corporate or commercial event to be a success, it is necessary that, hosting of the same is done in a proper manner. And, apart from hosting, the event should also be documented too. For doing so, you will need assistance of professional photographers, who are skilled and experts enough, to be able to cover the big event in a systematic way."}
{"_id": "435157", "title": "", "text": "\"Yup, friends called us \"\"the web 2.0 power couple.\"\" (That tells you something about when we got married.)  When Thomas met me, he was world-famous and an awesome developer\u2026 and part of a 3-person consulting firm which gave him a middle class lifestyle. With my design and biz sense, we've created an empire.   I'll pass on your compliments. He always likes tweets too - @thomasfuchs :)\""}
{"_id": "435159", "title": "", "text": "Depends on the job.  At my current job, when I leave work for the day, I'm done.  But I have friends who would likely lose their jobs if they weren't available outside of normal hours.  They prefer having a source of income to not having one, even if it means that reddit user ngroot considers them a doormat."}
{"_id": "435160", "title": "", "text": "Financial analysis and modeling. What I find intimidating about CFA Level 1 is not the difficulty level, but the size. As I mentioned above, it's most likely that I will be asked questions on the principles of accounting, financial statement analysis. Unfortunately, my knowledge of these is rather limited.  Do you consider CFA level 1 curriculum materials to be a good resource for learning that?"}
{"_id": "435170", "title": "", "text": "\"Any sensible lender will require a lean lien against your formerly-free-and-clear property, and will likely require an appraisal of the property. The lender is free to reject the deal if the house is in any way not fitting their underwriting requirements; examples of such situations would be if the house is in a flood/emergency zone, in a declining area, an unusual property (and therefore hard to compare to other properties), not in salable condition (so even if they foreclose on it they'd have a questionable ability to get their money back), and so forth. Some lenders won't accept mobile homes (manufactured housing) as collateral, for instance, and also if the lender agrees they may also require insurance on the property to be maintained so they can ensure that a terrible fate doesn't befall both properties at one time (as happens occasionally). On the downside, in my experience (in the US) lenders will often require a lower loan percentage than a comparable cash down deal. An example I encountered was that the lender would happily provide 90% loan-to-value if a cash down payment was provided, but would not go above 75% LTV if real estate was provided instead. These sort of deals are especially common in cases of new construction, where people often own the land outright and want to use it as collateral for the building of a home on that same land, but it's not uncommon in any case (just less common than cash down deals). Depending on where you live and where you want to buy vs where the property you already own is located, I'd suggest just directly talking to where you want to first consider getting a quote for financing. This is not an especially exotic transaction, so the loan officer should be able to direct you if they accept such deals and what their conditions are for such arrangements. On the upside, many lenders still treat the LTV% to calculate their rate quote the same no matter where the \"\"down payment\"\" is coming from, with the lower the LTV the lower the interest rate they'll be willing to quote. Some lenders might not, and some might require extra closing fees - you may need to shop around. You might also want to get a comparative quote on getting a direct mortgage on the old property and putting the cash as down payment on the new property, thus keeping the two properties legally separate and giving you some \"\"walk away\"\" options that aren't possible otherwise.  I'd advise you to talk with your lenders directly and shop around a few places and see how the two alternatives compare. They might be similar, or one might be a hugely better deal! Underwriting requirements can change quickly and can vary even within individual regions, so it's not really possible to say once-and-for-all which is the better way to go.\""}
{"_id": "435183", "title": "", "text": "You think that, but she's pretty much unemployable now.  That's the point of golden parachutes.  23 million is nothing to what she could have made if she was successful.  So she could have either been mega rich if she was successful, or have a decimated reputation if she failed.  It turned out to be the latter.  She's peaked and will never have a chance like that again."}
{"_id": "435207", "title": "", "text": "Which is the right move.   Lowes is not in the business of patching windows vulnerabilities and writing inventory management software. They are in the business of selling hammers. IT is a cost center for them, not a profit center. Cost centres that have nothing to do with your core competency are best outsourced, unless there is some mitigating factor. This is business 101."}
{"_id": "435211", "title": "", "text": "I've seen this in my town. I don't know if they are charging for Teslas specifically, or things like the Volt (I don't own an electric car so haven't looked into it too much), but there are over a dozen places in my city that have parking spots equipped with charging stations. They are outside various retail locations/malls as well as parking garages at the local university.   Keep in mind, this is not a major city. The total population is about 150,000 and that includes about 50,000 transient students who aren't here during the summer."}
{"_id": "435230", "title": "", "text": "Not really practical... The real problem is getting the money into a form where you *can* invest it in something.  It's not like E\\*Trade will let you FedEx them a briefcase of sequentially numbered hundreds and just credit your account, no questions asked.  That **is** the hard part."}
{"_id": "435235", "title": "", "text": "&gt; You are assuming Romney would actually allow for Free Markets, that's a laugh!   Invoking the Free Market Fairy is about all anyone can do anyway. Magic is as magic does.  &gt; You are also assuming Romney would do absolutely nothing. You see, if Romney won and the House stayed republican, we'd see tons of legislation, crony, corrupted, bullshit, but legislation nonetheless.   Yes, yes we would. At the moment the House of Representatives and White House are at odds with each other. When they're on the same side you'll see lots more legislation to support their cronies such as tax cuts, corporate welfare, regulatory protection of broken business models and so forth. Much, *much* more than you see coming through now.  Like I said, you may not think there's a huge difference with Obama in office, but there is a difference.  &gt; Romney is no bigger of a crony capitalism than Obama, considering Obama has not jailed a single big bank executive for their role in the 2008 meltdown, all this talk about how they differ is bullshit.  Romney is **much** more of a crony capitalist than Obama. He doesn't even *try* to give lip service to anyone who isn't in the 1%. That you don't want to see the difference between them doesn't mean it isn't there.  &gt; That's a laugh.  What? There's not a single soul in the entire nation who fits this description? I find that hard to believe."}
{"_id": "435248", "title": "", "text": "\"Background: I live and work in a small city (250k) and want to work somewhere much larger (New York, London, Chicago, Sydney). Ideal job is something quantitative and related to programming/analytics in finance, though I have passed the CFA Level III Exam to show my interest in the field and currently work as a systems and database analyst (job title is \"\"Senior financial analyst\"\".) I have a Master's in mathematical finance but my work mostly relates to personal side projects.  Questions:  Short of packing up and moving, what is an effective way to network with people from these larger cities?  Is there demand for quants and junior quants, or is there too much supply? Will I need to get a PhD to be relevant? Can I transfer my background or skills into another area of finance first to get the networking contacts?\""}
{"_id": "435268", "title": "", "text": "\"1. (a) \"\"Malawi: People with albinism 'living in fear'\"\" by Azad Essa &amp; Sorin Furcoi, published on 7 June 2017: http://www.aljazeera.com/news/2017/04/malawi-people-albinism-living-fear-170419064018308.html      (b) \"\"A 'resurgence' in attacks on people with albinism\"\" by Azad Essa and Sorin Furcoi, published on 12 June 2017: http://www.aljazeera.com/indepth/inpictures/2017/06/resurgence-attacks-people-albinism-170606110357747.html      (c) \"\"Scores arrested in Malawi after mobs kill 8 suspected 'vampires'\"\" by Charlotte Bellis, Al Jazeera, published on 23 October 2017: http://www.aljazeera.com/news/2017/10/scores-arrested-malawi-mobs-kill-8-suspected-vampires-171023074106197.html      YouTube link: https://www.youtube.com/watch?v=0ho-xGJsdkA      (d) \"\"Killed for their bones: On the trail of the trade in human body parts\"\" by Al Jazeera, published in 2017: https://interactive.aljazeera.com/aje/2017/malawi-killed-for-their-bones/  2. Read      (a) \"\"Miners' magic: artisanal mining, the albino fetish and murder in Tanzania\"\" by Deborah Fahy Bryceson, Jesper Bosse J\u00f8nsson, and Richard Sherrington, published in 2010: #9 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbwig0v      (b) \"\"Save our skins: Structural adjustment, morality and the occult in Tanzania\"\" by Todd Sanders, published in 2001: #10a at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbwig0v          (c) \"\"The Economic Aspects of Human and Child Sacrifice\"\" by Peter Rwagara Atekyereza, Justin Ayebare, and Paul Bukuluki, published in 2014: #2c at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dbob0j2      Source for #2a, #2b, #2c: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006          Via: https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z      (d) https://www.reddit.com/r/worldpolitics/comments/7372pp/the_global_traffic_in_human_organs_by_dr_nancy/dno28j5\""}
{"_id": "435279", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2017/advanced-economicsciences2017.pdf) reduced by 99%. (I'm a bot) ***** &gt; Implications of mental accounting Following Thaler (1985), a large amount of work by Thaler and by others has explored and documented the consequences of mental accounting.  &gt; Real-world examples of commitment devices include the &amp;quot;Christmas Clubs&amp;quot; mentioned by Strotz (1956) and Thaler (1981), where individuals commit to saving for Christmas; the drugs Xenical or Antabuse (that makes you sick if you drink alcohol); and commonly used rules of thumb like &amp;quot;Do not shop when you are hungry&amp;quot; or &amp;quot;Do not keep alcohol at home.&amp;quot; 3.2 The planner-doer model Motivated by the observed deviations from exponential discounting, Thaler and his collaborator Hersh Shefrin proposed the planner-doer model (Thaler and Shefrin 1981, Shefrin and Thaler 1988).  &gt; Together with Kahneman and Knetsch, Thaler also invented novel experiments and uncovered three important manifestations of fairness preferences in interactions between individuals: first, some individuals will behave fairly towards others even in anonymous settings without reputational concerns; second, some individuals are willing to forego resources to punish individuals that behaved unfairly towards them; and third, some individuals are willing to forego resources to punish unfair behavior and norm violations even if the unfair behavior was directed towards someone else.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/75882u/richard_thaler_wins_2017_nobel_prize_advanced/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224768 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **THALER**^#1 **price**^#2 **individual**^#3 **Economic**^#4 **model**^#5\""}
{"_id": "435302", "title": "", "text": "All CBD Fruit Strips are an all characteristic, great organic product nibble that you can stick in your pocket, knapsack or lunchbox. All CBD Fruit Strips are yummy organic product snacks that can go with you any place you go. Each Stretch Island All CBD Fruit Strip is equivalent to a large portion of a serving of natural product. It doesn't improve than that, with the exception of perhaps a genuine bit of natural product."}
{"_id": "435304", "title": "", "text": "That's actually what I was thinking, too. Don't get me wrong, I love the idea of it (I've been into vidya as long as I can remember), but there's got to be something that distinguishes you from any old GameStop, otherwise it may be futile."}
{"_id": "435307", "title": "", "text": "I wonder this myself.  If an economic apocalypse actually came to pass, owning a bunch of gold bars - or shares in gold bars held somewhere else - isn't going to help you eat, or keep you from freezing to death.  The most valuable goods will be those with some utility - food, water, clothing, medicine, ammunition.  I think the financiers and their pornographers at WSJ forget that their entire world - and everything of value, power, and consequence within it - will cease to exist if the power goes out."}
{"_id": "435320", "title": "", "text": "My wife and I chose to share all bank accounts and credit cards. We did so because we realized that, over the course of a marriage, the pendulum of who is the primary breadwinner may shift repeatedly. Having one account gets us in the habit of thinking about our needs and wants together and eases any transitions that may come as one or the other of us quits a job/returns to school/reduces hours. I should also say that this system would likely not work well if either partner has semi-compulsive spending/consumption habits. I'd recommend separate bank accounts with a joint account for your mortgage in that situation."}
{"_id": "435345", "title": "", "text": "I can see three possibilities:  * The money was illegally transferred and used for operating costs when they started having trouble.  * The company was playing Enron-like accounting games, and were reporting imaginary profits and gains.  In that case, the money never really existed.  * The money was outright stolen, and is in somebody's offshore bank accounts.  Or some combination of these."}
{"_id": "435347", "title": "", "text": "Now, if I wasn't concerned with the integrity of my already tainted soul I would have given myself the following advice five years ago:"}
{"_id": "435355", "title": "", "text": "In the UK the free newspapers have a page dedicated to famous people getting drunk. I play a game where I see how long it takes before I find out why the person is famous.   The latest realizations: Pixie Lott isn't Bob Geldorf's daughter.  Duffy isn't Hillary Duff. Kim Kardashian wasn't a porn star - she just had a sex tape... I haven't figured out why she's famous yet.  Also, Lady GaGa has a song called 'born this way.'  Anyway, the kinda point of the game is to figure out why I know which songs are by lady GaGa and which are by Amy winehouse if I hadn't clever knowingly heard there songs. And what does that mean for copyright vs. What must be in the public domain. E.g. if I have a song in my head which has been drilled into me, at what point can we consider it part of the fabric of our society. In otherwords, when does it become public domain as much as the 'performance ' of a car horn or a tree rustling?"}
{"_id": "435358", "title": "", "text": "Yea I meant 2-2.5 effectively. The high amex is going to be offset by regulated debit to get you a nice sweet spot in the middle :) I'm in NYC so while some places opt out of amex for the most part people are going to take it. Since OptBlue came out it's helped mitigate amex costs too which definitely helped"}
{"_id": "435361", "title": "", "text": "So, to be clear, you think a two year old, stunningly-beautiful property, is about to go vacant for an extended period?  Because I'll bet Reddit Gold, or anything you like, that it reopens, as a casino, probably before the end of the year, at worst - sometime next year.  Someone always gobbles properties like this up, the questions are who, how long does it take, when does it re-open, and can they avoid the same fate?"}
{"_id": "435363", "title": "", "text": "\"You can do a lot of deduction FINRA keeps a \"\"REG-SHO\"\" list created daily that tells what the daily short volume is. March 26th 2014's list: http://regsho.finra.org/FNSQshvol20140326.txt If you are talking about the United States, this answer may be better ;)\""}
{"_id": "435404", "title": "", "text": "FedEx pays what it pays because unlike the Postal Service, they are a competitive entity that earns peoples business.  &gt; In response, the USPS has increased productivity each year from 2000 to 2007,[58]through increased automation, route re-optimization, and facility consolidation.[57]Despite these efforts, the organization saw an $8.5 billion budget shortfall in 2010,[59]\u00a0and was losing money at a rate of about $3 billion per quarter in 2011.[60]  They've tried that. They've tried to modernize really, really hard. The fundamental problems remain, they aren't paying a competitive wage rate and they're forced to operate on a socialistic universal price and quality mandate accross the entire geography of the US, offering speedy service to areas where it simply is infeasible to do so without incurring great expense.  I had the source up in an earlier comment, let me see if I can find it.  Edit: [here it is](http://work.chron.com/average-salary-government-employees-7863.html)"}
{"_id": "435405", "title": "", "text": "\"(Insert the usual disclaimer that I'm not any sort of tax professional; I'm just a random guy on the Internet who occasionally looks through IRS instructions for fun. Then again, what you're doing here is asking random people on the Internet for help, so here goes.) The gigantic book of \"\"How to File Your Income Taxes\"\" from the IRS is called Publication 17. That's generally where I start to figure out where to report what. The section on Royalties has this to say: Royalties from copyrights, patents, and oil, gas, and mineral properties are taxable as ordinary income. In most cases, you report royalties in Part I of Schedule E (Form 1040). However, if you hold an operating oil, gas, or mineral interest or are in business as a self-employed writer, inventor, artist, etc., report your income and expenses on Schedule C or Schedule C-EZ (Form 1040).  It sounds like you are receiving royalties from a copyright, and not as a self-employed writer. That means that you would report the income on Schedule E, Part I. I've not used Schedule E before, but looking at the instructions for it, you enter this as \"\"Royalty Property\"\". For royalty property, enter code \u201c6\u201d on line 1b and leave lines 1a and 2 blank for that property. So, in Line 1b, part A, enter code 6. (It looks like you'll only use section A here as you only have one royalty property.) Then in column A, Line 4, enter the royalties you have received. The instructions confirm that this should be the amount that you received listed on the 1099-MISC. Report on line 4 royalties from oil, gas, or mineral properties (not including operating interests); copyrights; and patents. Use a separate column (A, B, or C) for each royalty property. If you received $10 or more in royalties during 2016, the payer should send you a Form 1099-MISC or similar statement by January 31, 2017, showing the amount you received. Report this amount on line 4.  I don't think that there's any relevant Expenses deductions you could take on the subsequent lines (though like I said, I've not used this form before), but if you had some specific expenses involved in producing this income it might be worth looking into further. On Line 21 you'd subtract the 0 expenses (or subtract any expenses you do manage to list) and put the total. It looks like there are more totals to accumulate on lines 23 and 24, which presumably would be equally easy as you only have the one property. Put the total again on line 26, which says to enter it on the main Form 1040 on line 17 and it thus gets included in your income.\""}
{"_id": "435407", "title": "", "text": "It seems at most a cosmetic difference - nothing keeps you from adding the 9$ cash to the fund the same day the fees are deducted from the shares."}
{"_id": "435451", "title": "", "text": "\"I think the important thing is if it's made with whole chicken or 100% chicken breast, not just \"\"100% chicken\"\". Because it can be 100% chicken skin.  But yeah, the problem is that the ingredient list is often too small and not detailed enough.\""}
{"_id": "435463", "title": "", "text": "Ask the folks administering your plan. They're the ones who define and implement the available choices for that specific plan."}
{"_id": "435470", "title": "", "text": "You can evaluate portfolio raw returns or risk adjusted returns. To evaluate raw returns, I would personally compute the total returns over the time period in question for both portfolios.  To compute total returns, split the time into a bunch of subperiods by the dates at which you contributed money.  Compute each subperiod return by dividing the value of the portfolio at the end of the subperiod (but before adding additional cash on that day) by the value at the beginning of the subperiod (after adding cash on that day).  Then multiply all these returns together.  Finally, subtract 1.  That's your total return. For the portfolio where you didn't add any money it's easy: just divide the end value by the beginning and subtract 1. Whichever has a higher return performed better. To compute risk adjusted returns, get the portfolio returns from both portfolios (daily or monthly) and use OLS to regress on a benchmark portfolio return (something like the S&P500).  The intercept of the regression is a measure of the risk-adjusted peformance of your portfolio.  Higher the better.  More sophisticated models will do multiple regression using a few benchmark portfolios at the same time."}
{"_id": "435506", "title": "", "text": "For me, ticket prices are horrible.   Expensive, but under $25 for three people, generally.   What kills me is the snacks and whatnot.   For fucks sake movie theaters. A small soda doesn't need to be 64 ounces. A small popcorn doesn't need to be 128 ounces. And neither of them need to cost $10."}
{"_id": "435513", "title": "", "text": "Synthetic vacuum pump oil can prove to be highly effective in enhancing the life span and efficiency of the vacuum pumps. It\u2019s a synthetic hydrocarbon fluid that has been doubled distilled for improved properties. Highly recommended to use for detector vacuum pumps, this can turn out to be a greatly reliable solution."}
{"_id": "435520", "title": "", "text": "I drive a CNG E-250 van for work. Its sucks. There are 3 stations each about 20 miles apart. I get about 150 miles a tank so I have to fill up twice as much as normal vans and that nullifies any savings per gallon. Going up hills the van has no power. Except for being able to drive in the HOV lane the CNG is horrible."}
{"_id": "435555", "title": "", "text": "I'd worry more about falsifying documents of sale.  No good reason at all to do that. Detecting counterfeit bills is easy if they're all new bills.  Hold them up to the light and look for the watermark and the numbered tape in the bill.  Refuse any bad ones."}
{"_id": "435576", "title": "", "text": "\"You seem to really have your financial act together.  Your combination of assets, and ongoing savings makes you the ideal candidate for paying it off. One way to look at it is that your mortgage offers you a place to 'invest' at a fixed 2-7/8% rate. \"\"I'd really like to not have a house payment\"\" is all I need to hear.  The flip side is the lecture that talks about long term market returns, the fact that the combination of your deductible mortgage, but 15% cap gain rate means you need 2.5% return to break even, and odds are pretty high that will occur over the next 15 years. \"\"pretty high\"\" does not equal \"\"guaranteed\"\". And I won't debate the value of sleeping soundly vs an excess 5-8% return on this money that you'd maybe achieve.  You haven't missed anything. In fact, though I advocate saving first, you are already doing that. This is above and beyond. Good work.\""}
{"_id": "435583", "title": "", "text": "I wish I could remember the name of that book, it was really good, but it mentioned this as well. It said, if you can get them, get what ever ancillary rights you can and they used Star Wars as the prime example why."}
{"_id": "435598", "title": "", "text": "I'm quite aware.  Nevertheless, the situation I'm describing is a little different.  It's the transition phase from order to chaos.  Currently, there are lots of well-off kids in universities around the country who don't have bodyguards on them 24/7.  That's because there is an assumption of general security.  If things were to go downhill suddenly, there would be a severe lack of qualified people willing to dive into a population center to escort some kid out safely.  Time would also be of essence.  Desire for safety of one's children, when paired with a severe real or perceived threat, would thus make these types of services spike rapidly, if for a short period of time.  It's not dissimilar to what happens with fuel prices when a hurricane cuts of supply.  And, of course, perhaps I would start a company which would cater to the expanding group of people who wanted private security over the long haul.  Opportunity abounds!    The point is that, if one is a resilient, flexible, and capable person, then the macro-scale doesn't matter all that much.  I prosper now, in this serene and stable environment; I will prosper in a world where labor is overtaken by automation; I would prosper even more in situation where society goes to shit.  There is no situation, short of absolute apocalypse or immediate failing health, in which I would not adapt and prosper."}
{"_id": "435645", "title": "", "text": "\"&gt; In 2008 under Bush, the US had a deficit of 454.8 billion dollar  Certain \"\"minor\"\" items were left out of that budget.  Like the wars in Afghanistan and Iraq.  If you check the 'debt to penny' site, you'll see that [**1.4 trillion**](http://i.imgur.com/qslFndc.png) was added to the national debt during Bush's last 12 months.\""}
{"_id": "435648", "title": "", "text": "That's my unpopular opinion about restaurants, too. I don't think that customers should be paying the bulk of wages of servers through tips. I worked in food service for years and my immediate family all still does. I'm aware that restaurant margins are often razor thin. Raise prices, pay your workers, if people don't want your food at those prices anymore, close. Maybe it's a sign that we have too many restaurants if they can't compete without subsidized wages for their staff."}
{"_id": "435660", "title": "", "text": "If one separates from work at 55 or older, they can withdraw from that 401(k) with no penalty.  You might wish to consider a mix of Roth IRA deposits as well. The deposits can be withdrawn at anytime with no tax consequence."}
{"_id": "435671", "title": "", "text": "\"&gt; but then look at elections in the US and UK  As someone in the survey research industry, it's painful for us to hear the assertion of how \"\"incorrect\"\" the polls were. There were flaws in polling, there always are, but no pollster ever said they can predict with 100% confidence as is the same with the aggregation of the poll results. But the public seems to think, \"\"75% chance to win pretty much means 100%, so the data got it wrong\"\", when really the case is mostly that the 25% chance kicked in.\""}
{"_id": "435679", "title": "", "text": "Bargain Bins is an affordable bin provider operating in some major cities across New Zealand. Along with bins and skips, they also provide transport for all kinds of waste, such as concrete, soil and green waste. Their bins come in a range of sizes and can be hired for as long as you need. Order a bin and they\u2019ll deliver it to your door \u2013 easy!"}
{"_id": "435714", "title": "", "text": "It's the Jack Welsh approach to business. Its meant to make people strive for their next promotion, and where the always available even on weekends came from.  The man basically said If you can't get promoted within five years you should be fired. He had no place for people who wanted to just do their time in one a place for an entire career."}
{"_id": "435715", "title": "", "text": "\"He's been doing fine for himself. He got Tesla to bail out bankrupt Solar City, remember?   And some CEOs \"\"pledge\"\" stock for loans with then immediately sold short by his \"\"lender\"\" to hedge the position, allowing said CEO to profit but never have to sell a share himself on the record.  Not that his holiness would ever do such a thing of course.\""}
{"_id": "435716", "title": "", "text": "People just love becoming more well-off than they currently are, and one of the ways they do it is with leverage. Leverage requires credit. That desire is not exclusive to people who are not already well-off. For a well-off person who wants to become more well-off by expanding their real estate ventures, paying cash for property is a terrible way to go about it. The same goes for other types of business or market investment. Credit benefits the well-off even more greatly than it benefits the poor or the middle-class."}
{"_id": "435722", "title": "", "text": "what do you mean exactly?  Do you have a future target price and projected future dividend payments and you want the present value (time discounted price) of those? Edit: The DCF formula is difficult to use for stocks because the future price is unknown.  It is more applicable to fixed-income instruments like coupon bonds.  You could use it but you need to predict / speculate a future price for the stock. You are better off using the standard stock analysis stuff: Learn Stock Basics - How To Read A Stock Table/Quote The P/E ratio and the Dividend yield are the two most important.  The good P/E ratio for a mature company would be around 20.  For smaller and growing companies, a higher P/E ratio is acceptable.  The dividend yield is important because it tells you how much your shares grow even if the stock price stays unchanged for the year. HTH"}
{"_id": "435733", "title": "", "text": "\"Who said I was a B?  I have an MS in CS/SE from a top tier program.  I'm a contractor now.  I've been off active duty for years.  By the way, all the traditional intel work in the DC area is drying up.  I hope you can code.  Edit: Added \"\"intel\"\".\""}
{"_id": "435737", "title": "", "text": "Once you paid it off, you don't pay rent anymore. That is the major advantage. Also, you can do any change you want to it. Many people consider it an investment - if you ever sell it, it could be worth more than what you paid (although this is not for sure)"}
{"_id": "435740", "title": "", "text": "There is a significant tie between housing prices and mortgage rates.  As such, don't assume low mortgage rates mean you will be financially better off if you buy now, since housing prices are inversely correlated with mortgage rates.  This isn't a huge correlation - it's R-squared is a bit under 20%, at a 1.5-2 year lag - but there is a significant connection there.  Particularly in that 10%+ era (see chart at end of post for details) in 1979-1982, there was a dramatic drop in housing price growth that corresponded with high interest rates. There is a second major factor here, though, one that is likely much more important: why the interest rates are at 10%.  Interest rates are largely set to follow the Federal Funds rate (the rate at which the Federal Reserve loans to banks).  That rate is set higher for essentially one purpose: to combat inflation.  Higher interest rates means less borrowing, slower economic growth, and most importantly, a slower increase in the money supply - all of which come together to prevent inflation. Those 10% (and higher!) rates you heard about?  Those were in the 70's and early 80's.  Anyone remember the Jimmy Carter years?  Inflation in the period from 1979 to 1981 averaged over 10%.  Inflation in the 70s from 1973 to 1982 averaged nearly 9% annually.  That meant your dollar this year was worth only $0.90 next year - which means inevitably a higher cost of borrowing.   In addition to simply keeping pace with inflation, the Fed also uses the rate as a carrot/stick to control US inflation.  They weren't as good at that in the 70s - they misread economic indicators in the late 1970s significantly, lowering rates dramatically in 1975-1977 (from ~12% to ~5%).  This led to the dramatic double-digit inflation of the 1979-1981 period, requiring them to raise rates to astronomic levels - nearly 20% at one point.  Yeah, I hope nobody bought a house on a fixed-rate mortgage from 1979-1981. The Fed has gotten a lot more careful over the years - Alan Greenspan largely was responsible for the shift in policy which seems to have been quite effective from the mid 1980s to the present (though he's long gone from his spot on the Fed board).  Despite significant economic changes in both directions, inflation has been kept largely under control since then, and since 1991 have been keeping pretty steady around 6% or less.  The current rate (around 0%) is unlikely to stay around forever - that would lead to massive inflation, eventually - but it's reasonable to say that prolonged periods over 10% are unlikely in the medium term.   Further, if inflation did spike (and with it, your interest rates), salaries tend to spike also.  Not quite as fast as inflation - in fact, that's a major reason a small positive inflation around 2-3% is important, to allow for wages to grow more slowly for poorer performers - but still, at 10% inflation the average wage will climb at a fairly similar pace.  Thus, you'd be able to buy more house - or, perhaps a better idea, save more money for a house that you can then buy a few years down the road when rates drop. Ultimately, the advice here is to not worry too much about interest rates. Buy a house when you're ready, and buy the house you're ready for.  Interest rates may rise, but if so it's likely due to an increase in inflation and thus wage growth; and it would take a major shift in the economy for rates to rise to the 10-11% level.  If that did happen, housing prices (or at least growth in prices) would likely drop significantly. Some further references:"}
{"_id": "435745", "title": "", "text": "I liked Mr. Jobs. But the new CEO will supersede Steve on all levels. Mr. Cook is a clever clever man... Jobs was charismatic. Cook is not. But he delivers class products. It would be highly interesting to do a longitudinal study on Apple. But I am sure it is already taken care of."}
{"_id": "435746", "title": "", "text": "The top ten holdings for these funds don't overlap by even one stock. It seems to me they are targeting an index for comparison, but making no attempt to replicate a list of holdings as would, say, a true S&P index."}
{"_id": "435763", "title": "", "text": "\"&gt;&gt; Ok!!!! Please find me something significant that Trump did that you don't like.  &gt; All right, another one of my pet issues is global warming.  Wow!   I asked you twice for significant issues that Trump did, and you don't like.  First, you give this gray topic of Medicare Part-D where Trump promised to act upon, but has yet do anything. Am I right? Did Trump do anything against or for drug prices? Isn't trump trying to replace the healthcare act? Yes or no?  **And now, given a second chance, you come up with \"\"Global Warming\"\"?**  Are you serious? Global Warming? It's Trump fault? Is Trump against solar panels and wind power?  Do you have any idea why Trump called it Chinese Hoax?   Because the Paris Accords, like the TPP, and like NAFTA, and the Iran Deal, etc, etc, etc, are scams to hurt the USA and make the USA pay more. Nothing else.  Who has bigger air pollution, coal power plants, cutting trees, environmental disasters, etc? The USA or China? USA or 3rd world?  So why does the USA has to do most of the cuts and costs?  Global Warming is another form of tribalism and \"\"religion\"\" used to manipulate people.  Since you are an expert with Global Warming, is it true that deserts are now becoming green? Most trees in the world, which are in Russia and not the Amazon, are green longer? Global warming happened before, many times in earth history before the industrial revolution? Also ice ages? Oceans did not rise?   I am not worried about Global Warming. It has negative things, and positive things.   My nieces is working on growing meat in labs for consumption by humans. It will be safer, cheaper, better, and more tasty. **Do you have any idea what will happen in the world, 20-30 years from now, when we stop raising cows, pigs, goats and sheep? Any idea how damaging is current agriculture to the climate? What would happen in the world in 20-30 years from now when robots plant trees everywhere?**  No need for the hysterical and paranoia about \"\"Global Warming\"\" and the USA. You should be more worried about China and what this country and all its people do the earth.\""}
{"_id": "435775", "title": "", "text": "\"So basically, rather than spend money on upgrades to the existing 108 fighters, 'retire' them from active combat and switch them to the training pool, and just worry about fielding the new ones. An interesting point in the article:  &gt; \"\"We have actually had this dialogue with the F-16, we had this dialogue with the F-15, we had this dialogue with the F-22. We just haven't had it for a while.\"\"  Modern fighter jets don't really act much like planes anymore, budget-wise. The EOL cycle has really sped up - it used to be you could buy a fighter jet or a transport and use it for 25 years before worrying about replacing it with the latest and greatest. Now, the latest and greatest are still on the ground before they're obsolete. It might make a lot more sense to treat a fighter jet like a computer with an upgrade cycle of 3-5 years, roll the cost of maintenance and upgrades into the initial purchase for however long you're intending to keep the aircraft. I suspect a lot of generals would go pale if they knew the full cost of ownership of this generation of fighters going forward.\""}
{"_id": "435798", "title": "", "text": "Well, you won't be double taxed based on what you described. Partners are taxed on income, typically distributions. Your gain in the partnership is not income. However, you were essentially given some money which you elected to invest in the partnership, so you need to pay tax on that money. The question becomes, are you being double taxed in another way? Your question doesn't explain how you invested, but pretty much the options are either a payroll deduction (some amount taken out of X paychecks or a bonus) or some other payment to you that was not treated as a payroll deduction. Given that you got a 1099, that suggests the latter. However, if the money was taken out as a payroll deduction - you've already paid taxes (via your W2)! So, I'd double check on that. Regarding why the numbers don't exactly match up - Your shares in the partnership likely transacted before the partnership valuation. Let's illustrate with an example. Say the partnership is currently worth $1000 with 100 outstanding shares. You put up $1000 and get 100 shares. Partnership is now worth $2000 with 200 outstanding shares. However, after a good year for the firm, it's valuation sets the firm's worth at $3000. Your gain is $1500 not $1000. You can also see if what happened was the firm's valuation went down, your gain would be less than your initial investment. If instead your shares transacted immediately after the valuation, then your gain and your cost to acquire the shares would be the same. So again, I'd suggest double checking on this - if your shares transacted after the valuation, there needs to be an explanation for the difference in your gain. For reference: http://smallbusiness.findlaw.com/incorporation-and-legal-structures/partnership-taxes.html And https://www.irs.gov/publications/p541/ar02.html Here you learn the purpose of the gain boxes on your K1 - tracking your capital basis should the partnership sell. Essentially, when the partnership is sold, you as a partner get some money. That money is then taxed. How much you pay will depend on what you received versus what the company was worth and whether your gain was long term or short term. This link doesn't go into that detail, but should give you a thread to pull. I'd also suggest reading more about partnerships and K1 and not just the IRS publications. Don't get me wrong, they're a good source of information, just also dense and sometimes tough to understand. Good luck and congrats."}
{"_id": "435810", "title": "", "text": "\"I would say a lot of the answers here aren't quite right. The main issue here is that banking is a highly oligopolous industry - there are few key players (the UK, for example, has only 5 major banks operating under a variety of brands: it's all the same companies underneath) and the market is very, very hard to enter owing to the immense regulatory burden. Because the landscape is so narrow and it's possible to keep close tabs on all  your competitors, there's no incentive to spend money on shiny new things to keep up with the competition - the industry is purely reactive.  If nobody else has an awesome, feature-filled online portal, there's no need for any one bank to make one.  If everybody is reactive, and nobody proactive, then it's a short logical deduction that improvements happen at a glacial pace. Also take into account that when you've got this toxic \"\"bare-minimum\"\" form of competition, the question for these people soon turns to \"\"what can we get away with?\"\" which results in things like subpar online portals with as much information as you like delivered on paper for a hefty charge, and extortionate, price fixed administrative fees.  Furthermore your transaction history is super valuable information.  There are one or two highly profitable companies who collate international transaction data and whose sole job in life is to restrict access to that information to the highest bidders.  Your transaction history is an asset in a multibillion dollar per year industry, and as such it is not surprising that banks don't want to give it out for free.\""}
{"_id": "435811", "title": "", "text": "Naturally none of them *suit* me. If I was in a situation like that, I'd probably calmly stand up for myself, maybe talk to HR.  I would like to point out that (a) I make a point of getting explicit instructions, (b) I'm good about making sure people know well in advance when I'm going to be out (c) I'm salaried, I don't have a time sheet, and if the boss didn't mention the missing time, I would, and (d) there's only one other person there who knows anything about web programming, and she's my assistant.  I can accept a certain amount of abuse *if* the pay is good enough and I have recourses. If not, lets just say that the recruitment company I was with took all of two weeks to find me this job after I was let go from the last one (and not because my previous bosses didn't like me either, but because they couldn't afford me any more. They kept me on as a contractor until I found this job)"}
{"_id": "435815", "title": "", "text": "Paypal UK has a page here: https://www.paypal.com/uk/webapps/mpp/seller-protection Basically they don't just take the seller's word for it, there is a resolution process.  The biggest thing you can do is make sure that you deliver it in a way that requires signature."}
{"_id": "435817", "title": "", "text": "Trump is more credible than all the fake-news media: CNN, NYT, WaPo, etc.  **He's way way way more credible than Hillary who cheat on debate questions given to her by fake-news CNN! If my son cheated on a test in 1st grade like her, he will be expelled from school. Think for a second just about this.**"}
{"_id": "435825", "title": "", "text": "Things are generally fine.  A credit balance is not a horrible thing.   The argument against maintaining a credit balance is that you are essentially loaning the credit card issuer money at 0% interest.  You probably have alternative investments that would pay better interest, so it's usually better to park your money there.  All that said, it's unlikely that the interest on whatever balance you have is enough to be more than pennies.   The way that a credit card works, you run up a balance in one period.  Then there is a grace period.  If you don't pay off the balance during the grace period, they start charging you interest.  You also may have a minimum payment to make.  If you don't make that payment, they'll charge you a late fee.   The typical period to rack up charges is from the first to the last day of a month.  The typical grace period is through the 20th or 25th of the next month.  Your card may be different.  So check the documentation (user agreement) for your card if you want the real data.   It sounds like you paid off some purchases while you were still in the period where you rack up charges.  While those purchases were posted to the account, they may not be counted in the balance calculation.  If your credit balance exactly matches the payment you made, that's probably what happened.  It's also possible that you overpaid the balance.  If your credit balance is just a small amount, that's probably what happened.   If you really want to be sure, you should call the credit card issuer and ask them.  At best we can tell you how it normally works.  Since this is your first month, you could just wait for your first bill and respond to that.  So long as you pay off the entire balance shown there by the deadline, everything should be fine.   Don't wait until the last day to pay.  It's usually best to pay a week or so early so as to leave time for the mail to deliver the check and for them to process it.  You can wait longer for an online payment, but a few business days early to give you a chance to handle potential problems is still good."}
{"_id": "435830", "title": "", "text": "\"Please Note: Before taking any steps towards a transaction involving possible capital gains tax exclusions, please consult your CPA, attorney or tax advisor. I am not a CPA or Tax Advisor. Since you have only lived in it 11 months, you don't meet the \"\"use test\"\" for full exclusion. However, even if you haven't lived in it that long, you may be able to exclude some of the gains due to a \"\"unforeseen circumstance\"\", not just because you wanted to move. You say you are \"\"ready for a change\"\" and so that means it's an arbitrary decision, not a forced one. To calculate the partial exclusion, take the number of months you lived there before the sale and divide it by 24. (11/24 = 0.45). So for an unmarried person, you can exclude up to $250,000. Multiply that by .45 and you get $112,500. If your profit after everything is taken out is only $35,000 then you can exclude that from capital gains because it is less than $112,500.  All that being said, you will need documentation in case you get audited. For more information, see IRS Publication 551, Basis of Assets, and look for the section on real property. See also this IRS Tax Topic on Sale of Your Home\""}
{"_id": "435835", "title": "", "text": "You can print them on any IRS-approved paper, you don't have to use pre-printed forms. The IRS publishes specifications for paper that is approved for use for these kinds of forms (109*, W*, etc).  Here's the reason why it is important: Even the slightest deviation can result in incorrect scanning, and may affect money amounts reported for employees. Note that some portions of these forms are in different color (1099-MISC copy A). This is important, and using incorrect color will affect the IRS OCR mechanisms. Forms for individuals are less complicated with regards to technical specifications, because individuals must file them, and as such any complication will unnecessarily burden the citizenry. All the 109*, W* etc forms are not legally required to be filed by all citizens. You're only required to file them if you chose to do business, or chose to employ others. As such, using professional software and special forms is a cost of doing your business, and not a tax as it would be had it been mandatory to everyone. Mistakes in individual forms due to OCR failure or something else will be noticed by the taxpayers (less/more refund, etc) or through the internal matching and cross-check. However, forms 109* and W* feed that matching and cross-check system and are considered source of truth by it, and as such their processing must be much more reliable and precise."}
{"_id": "435838", "title": "", "text": "Just to add: the 20% APR is the annualized interest rate, but applied monthly. So you'd be charged $0.50 of interest on your $30 balance, which gets capitalized on the next month. So if you were to miss the next payment for some reason, your new interest charge would be on $30.50 instead of $30 (actually, it'd be much more since there would be a fee for the late payment, but discounting that to illustrate the point)."}
{"_id": "435840", "title": "", "text": "Audating Sites is a truly superb dating website in the Australia. Which not just boasts a big user base more than a million individuals, however, it just has a wide array of attributes and additional. If you are looking Girls for sex in the Australia through the dating website, then we are the best one way for you. If you registered on the fake website, then have to sign a contract with them and pay a crazy amount of money."}
{"_id": "435841", "title": "", "text": "Nobody WANTS to be there. Did you ever drop someone off at the airport pre-9/11?  Here's how it used to go: You first get guilt-tripped into dropping someone off at the airport, and then you get guilt-tripped into following them through security to hug/kiss/take-up-extra-space at an already crowded gate."}
{"_id": "435843", "title": "", "text": "Labor - I have a fairly decent sized extended family.  Between us we cover quite a bit of experience in different trades and professions.  So as a result when we undertake significant home projects we tend to work together to complete them.  We redid my parent kitchen for basically the cost of the cabinets and tile.  My grandmothers bathroom when she could no longer get into the tube for the cost of fixtures and tile.  We partitioned my upstairs giant bedroom into 2 bedrooms and a bathroom.  And lots of other things.   We also have a family farm as at harvest time we all pitch in and work long hours.  Without that teamwork our entire family would have a much poorer quality of life."}
{"_id": "435848", "title": "", "text": "Talk about opportunity cost. Show a rope, and put a tag with him on the end of it.  Explain that since he has max out his credit, he can no longer get more.  Without more credit here are the things he can't have The key to illustrate is that all the money he makes, for the next several years is obligated to the people he has already borrowed it from.  Try to have him imagine giving his entire paycheck to a bank, and then doing that for the next five years.  To drive it home, point out that there are 5 super bowls, 5 college championship games, 5 final fours, 5 annual concerts he likes, 5 model years of cars, 5 or more iPhone versions in those five years.  Or whatever he is into.  5 years of laptops, 5 years of fishing trips. These things are not affordable to him right now.  He has already spent his money for the next 5 years, and those are the things he cannot have because he is, in fact, out of cash. Furthermore, if he continues, the credit will dry up completely and his 5 year horizon could easily become ten. To illustrate how long 5 or 10 years is, have him remember that 10 years ago he might have been in college or the military.  That 5 years ago Facebook was no big thing.  That 5 years ago the Razr was an awesome phone.  That 5 years ago we had a different president."}
{"_id": "435855", "title": "", "text": "The opposite of a hedge is nothing.  Because if you don't want to hedge you bets, you don't, therefore you merely have the original bet. The opposite state of being hedged, is being unhedged."}
{"_id": "435883", "title": "", "text": "I am not a tax professional, only an investment professional, so please take the following with a grain of salt and simply as informational guidance, not a personal recommendation or solicitation to buy/sell any security or as personal tax or investment advice. As Ross mentioned, you need to consult a tax advisor for a final answer concerning your friend's personal circumstances. In my experience advising hundreds of clients (and working directly with their tax advisors) the cost basis is used to calculate tax gain or loss on ordinary investments in the US. It appears to me that the Edward Jones description is correct. This has also been the case for me personally in the US with a variety of securities--stocks, options, futures, bonds, mutual funds, and exchange traded funds.  From the IRS: https://www.irs.gov/uac/about-form-1099b Form 1099-B, Proceeds From Broker and Barter Exchange Transactions A broker or barter exchange must file this form for each person: Edward Jones should be able to produce a 1099b documenting the gains/losses of any investments. If the 1099b document is confusing, they might have a gain/loss report that more clearly delineates proceeds, capital returns, dividends, and other items related to the purchase and sale of securities."}
{"_id": "435919", "title": "", "text": "I think it is my favorite time of the week. Not just because it is a weekend and I can cook delicious weekend treats for my boys, but because it is the time to recharge and be silent.Easy Home Based Business,successful business tips,business tips for success,7 Essential Tips for Success,Business Ideas on a Budget"}
{"_id": "435929", "title": "", "text": "There are several disadvantages: You cannot generally withdraw from a 401(k) while you're still employed at the same employer. When you do withdraw, then unless you roll it over, you pay tax on the whole amount based on the marginal tax rate you have that year. If it comes on top of your regular salary, the whole withdrawal will be taxed at the higher marginal rates. You will also pay extra 10% penalty for the withdrawal. For home purchase you can take out up to $10K without the penalty, I doubt that would be enough for downpayment. There are probably more, but these are the major ones I can spot. The same goes to the 457(k), except that those don't have the 10% penalty."}
{"_id": "435932", "title": "", "text": "\"I wrote Retirement Savings Ratio some time ago and 15% seemed the sweet spot. The 15% is 10% saved and 5% match, in my mind. The reason I link is to show a spreadsheet that shares my approach to the analysis.  You list a huge number of things to think about, all great. I'm near Duff's view although I shoot for 20X final  income so 4% of that is an 80% replacement. There's nothing magic about 80. If social security exists, it actually drops the required 80 from you to the 60 or so Duff lists, so we align.  The 'problems' with my sheet - no one gets exact 3% raises for 43 years, so one can go in and change that, maybe higher early on, then slow it down. Returns are 8% every year, so one must go to the sheet or their own plan and reassess how they are doing each year. Disclosure - we are now at 14X our income with a goal of 25 to replace 100%. So we need a cumulative 80% growth (as in S&P at 2500) or the years of deposits to get there. I am nearing 50.  Let me pick one of your questions - \"\"Your expenses go down at retirement, stay the same, or go up?\"\" - this is the $64K question. the 80% is an average guess. The general assumption is in this range. If we downsized right after the kid goes to college, we could retire on far less. So, to wrap up, online calculators and spreadsheets only go so far. Your questions are dead on. A planner should ask every one of these questions before assuming any ratio.  Edit - on re-read I am blown away by the list of questions you have here. It's great. And it shows how there's risk no matter what.\""}
{"_id": "435938", "title": "", "text": "If you dont want to pay for it, dont. But I think it's important to draw the distinction between one of the more thorough news sources and entertainment services. The former is investigating and reporting on matters of national interest while the latter allow you to binge watch."}
{"_id": "435940", "title": "", "text": "You have to balance several concerns here. The primary problem is that if you go to the effort of saving your money you want to also be sure that your savings will not lose too much of its value to inflation. Ukraine had a terrible inflation spike in 2015 for obvious reasons. Even as inflation has settled down in 2016, it is stabilizing around 12% which is very high  Exchange rates are your next concern. If you lose a large percentage of the value of your money just in the process of exchanging it, that also eats away at the value of your money. If you accept the US Federal Reserve target of 2% inflation, then you should only exchange money that you will hold long enough that both exchange fees will outweigh the 10% inflation advantage. Even in cases where you have placed your money in a foreign currency, there's a chance that your government could freeze accounts denominated in foreign currencies, so there's always the political risk that you have to factor in. For that reason keeping foreign currency in cash also has some appeal because it cannot be confiscated as easily. You could still certainly be robbed, so keeping all of your savings in cash isn't a great solution either. All in all, you are diversifying your savings if you use the strategy of balancing all three methods. Splitting it evenly to 5% for each method isn't the most important. I would suggest taking advantage of good exchange rates (as they appear) to time when you buy foreign currency."}
{"_id": "435951", "title": "", "text": "M Attia, the advantages of the TD e-series are that they are a low cost way to index your portfolio as well it gives you to opportunity to invest small amounts at a time.  With ETF's, purchasing small amounts at a time would simply get too expensive."}
{"_id": "435954", "title": "", "text": "Manufacturer of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php  Talc is a natural steatite it is others names are called soap stone and French chalk that is available in off and white color in our chemical industry. Our product has Creep resistance at increased and surroundings temperature. These offered products like talc powder and refractory minerals are processed under the direction of our adept processionals by employing optimum grade chemical compounds in obedience with market standards.  ."}
{"_id": "435955", "title": "", "text": "Wireless issues?  Did you tell your wireless router to stay only on channel 11 or did Apple finally fix that?  People like their Apples, and I've seen many, many people switch to avoid the continual headaches dished out by Microsoft--at quite a hefty premium."}
{"_id": "435963", "title": "", "text": "A stock market is just that, a market place where buyers and sellers come together to buy and sell shares in companies listed on that stock market. There is no global stock price, the price relates to the last price a stock was traded at on a particular stock market. However, a company can be listed on more than one stock exchange. For example, some Australian companies are listed both on the Australian Stock Exchange (ASX) and the NYSE, and they usually trade at different prices on the different exchanges. Also, there is no formula to determine a stock price. In your example where C wants to buy at 110 and B wants to sell at 120, there will be no sale until one or both of them decides to change their bid or offer to match the opposite, or until new buyers and/or sellers come into the market closing the gap between the buy and sell prices and creating more liquidity. It is all to do with supply and demand and peoples' emotions."}
{"_id": "435982", "title": "", "text": "What, you think Amazon doesn't have a lobbying *cough* bribery *cough* budget?  Daily reminder Besos, founder, chairman, and CEO of Amazon, is the wealthiest man in the world and your tax dollars are going right into his pocket..."}
{"_id": "435990", "title": "", "text": "Value is the key word here. Traders should ideally trade on the perceived future value of a company.  Changes in the perceived future value is what leads them to buy and sell shares. That said, if a company were to have some catastrophe happen (say it and all of its employees and property disappeared)  and somehow every shareholder agreed to not sell, the companies market capitalization would remain unmoved even though the value of the company is gone. So theoretically yes, but it is unlikely."}
{"_id": "436004", "title": "", "text": "It is not a biological imperative for any individual. I know' I've gone years without it before and plenty of people go decades. And that's just sex... plenty of way to reduce chances of having a kid.   Also, based on my research vasectomies do not cost that much (IMO). I am not familiar with the other procedure."}
{"_id": "436020", "title": "", "text": "\"TD e-series index funds are great for regular contributions every paycheck since there is no trading commission.  The personal finance blog \"\"Canadian Couch Potato\"\" has great examples of what they call \"\"model portfolios\"\" and one consists of entirely TD e-series index funds.  Check it out:  http://canadiancouchpotato.com/model-portfolios-2/ The e-series portfolio that is described in the Model Portfolios (linked above) made returns of just over 10%.  This is very similar to the ETF Model Portolio.   One thing to remember is that these funds have a 30 day no sell time frame, otherwise a 2% fee is applied to the funds you withdraw.\""}
{"_id": "436026", "title": "", "text": "&gt; Pay, especially bonuses is very good compared to many other sectors.  This.  I just scored a database dev gig in finance after spending five years or so doing it in another industry.  The pay bump is staggering."}
{"_id": "436035", "title": "", "text": "I also think Benchmark knows the business model isn't sustainable at this point - their goal is to IPO as quickly as possible and get the fuck out before the whole thing tanks. They need Travis out to beat it into IPO-able shape."}
{"_id": "436040", "title": "", "text": "Lightning is a powerful force in nature. It is a global phenomenon but not uniformly distributed geographically.A single bolt of lightning can contain up to 100 million volts of electricity. With that much power, lightning damage can be extreme, beyond recovery and repair and financially devastating. Visit Us: http://masalamasti.informe.com/profile2686.html"}
{"_id": "436044", "title": "", "text": "Your final tax basis could not be determined until June 14, 2012, the first day of separate trading of all four securities that you received from the GM bankruptcy reorganization."}
{"_id": "436051", "title": "", "text": "\"I believe that your dilemma comes from not having clearly defined consequences of buying it. On one side you want it and you can afford it, but on the other side there is nothing solid. Just some vague dislike of spending money and guilt of buying something \"\"useless\"\". You're basically guilt tripping yourself into not buying it, and guilt tripping is always bad. What you need is clear-cut consequence. Something like \"\"I can buy X but then I won't get Y and Z\"\". And for that you need a clearly laid out budget, just to know how much you can spend. Money that go into things that are absolutely required, money that go into various saving plans, etc - and after that you're left with some clear amount that should be spent on making yourself happier. Making yourself happier is not something you should feel guilty about, it's actually one of purposes of life. Making yourself happy is only bad if it's hurting other areas of your life (and even that is relative, because there is always some extent of degradation you're willing to accept or you have already accepted). There is absolutely no point in saving every single penny you can, because that will make you live long and unhappy life and die without enjoying your riches.\""}
{"_id": "436058", "title": "", "text": "Jobless claims are up, but this is due to the continued loss of public sector jobs.  This is what happens when you shrink the size of government.  The private sector actually added jobs, just not enough to offset the loss from the public sector.  So recession?  I say no.  Still, with the uncertainty in Europe, a slowing economy in China, and the JP Morgan mess, the markets are skittish, and any little thing is going to make a sell off likely."}
{"_id": "436064", "title": "", "text": "\"Nope... as mentioned elsewhere, I hired a lawyer, and my employer absolutely does not own any of my work. I've been extremely careful about that. This is much more common as a developer working for a \"\"for-profit\"\" entity particularly in the US. I work for a government body and not in the US.\""}
{"_id": "436071", "title": "", "text": "One factor to consider is that some employers have a 401k contribution match policy that only allows a certain percentage of any given paycheck to be matched. So if the company is willing to match 4% of each paycheck, you could run into a problem here where you lose out on some of your company match. For example, suppose you get a $20,000 bonus. You can contribute $18,000 per year to your 401k and this bonus could be a nice way to knock most of that out and then take home your full paycheck the rest of the year. Sounds pretty nice, but there's a problem. The company will only match 4% of your $20,000 ($800) when they otherwise would have matched up to 4% of your annual salary ($4,000 if you're making $100,000 in this example). I'd say it's definitely worth it to make a big contribution to your 401k when you get a bonus as it's an easy way to get a lot of money in there without really feeling a loss (since it's extra money on top of your normal paycheck). But I'd definitely be careful about this situation. You don't want to throw away free money. To avoid this problem, make sure that you leave enough of your annual limit so you can contribute enough to get your 4% company match on every paycheck of the year."}
{"_id": "436084", "title": "", "text": "We are working on getting her social media up to par,  I\u2019m taking the initiative to help her out on that end because she simply doesn\u2019t have the time. And she has a website where people can buy any of the items in the store to either pick up or have delivered. And she has P.O. boxes for rent that are in the shop. The espresso machine should be up and running by November but she\u2019s losing faith in the actual grocery side of things."}
{"_id": "436086", "title": "", "text": "Facebook, Google and to some extent Amazon are not going away. They are all multi-billion dollar digital advertising agencies. They continue to increase their earnings on the back of ad sales. Amazon just crossed the billion dollar threshold for their online advertisements. We're still in the growth stage for online advertisements."}
{"_id": "436087", "title": "", "text": "\"Thanks.  Glad you enjoyed the writings. :)    Relating again back to your points about timeline, it's important to understand that capitalism is what mathematicians or engineers might call an \"\"optimization engine\"\". Given an initial situation and a set of constraints about what is allowed, it seeks an optimal solution within that constraint space. But it's just a tool, it's not artificially intelligent, and it will only do as well as people's willingness to bound its search by an appropriate set of constraints.  The timeline is part of that.  If we tell the engine \"\"only care about short term gains\"\", that's how it will function.\""}
{"_id": "436091", "title": "", "text": "If you're referring to investment hedging, then you should diversify into things that would profit if expected event hit. For example alternative energy sources would benefit greatly from increased evidence of global warming, or the onset of peak oil. Preparing for calamities that would render the stock market inaccessible, the answer is quite different.  Simply own more of things that people would want than you need.  A list of possibilities would include: Precious metals are also a way to secure value outside the financial markets, but would not be readily sellable until the immediate calamity had passed. All this should be balanced on an honest evaluation of the risks, including the risk of nothing happening.  I've heard of people not saving for retirement because they don't expect the financial markets to be available then, but that's not a risk I'm willing to take."}
{"_id": "436102", "title": "", "text": "It's not a benefit when that's the main reason I don't go there.  I can't get everything I need there, especially if I want things like tooth paste or paper towels or any other household products. If they even have it, then there is one choice and so they charge like four times what'd I'd pay at a real grocery store.  Once people catch on that 19\u00a2 banana isn't even a really great price just a marketing gimmick, they're sunk.  The grocery store of the future doesn't have any employees anyways.  Once amazon proves they can make an automated grocery store they'll license that tech to everyone   I do like some of their TJ brand things and they have a great selection of cheap wine. I will be sad to see them go"}
{"_id": "436119", "title": "", "text": "It looks like you'd just be charging yourself interest and paying yourself back, because it's a pass-through entity, as I'm sure you know.  (This assumes you're the only member of the LLC.) It all depends on how much money you want inside the protective cover of the LLC, and for how long.  It doesn't seem to make much difference how you get the cash in or out, or how complicated or easy you make it for yourself."}
{"_id": "436120", "title": "", "text": "\"The \"\"Money 70\"\" is a fine list: http://money.cnn.com/magazines/moneymag/bestfunds/index.html Money magazine is usually more reasonable than the other ones (SmartMoney, Kiplinger's, etc. are in my opinion sillier). If you want a lot of depth, the Morningstar Analyst Picks are useful but you have to pay for a membership which is probably not worth it for now: http://www.morningstar.com/Cover/Funds.aspx (side note: Morningstar star ratings are not useful, I'd ignore those. analyst picks are pretty useful.) Vanguard is a can't-go-too-wrong suggestion. They don't have any house funds that are \"\"bad,\"\" while for example Fidelity has some good ones mixed with a bunch that aren't so much. Of course, some funds at Vanguard may be inappropriate for your situation. (Vanguard also sells third-party funds, I'm talking about their own branded funds.) If getting started with 5K I think you'd want to go with an all-in-one fund like a target date retirement fund or a balanced fund. Such a fund also handles rebalancing for you. There's a Vanguard target date fund and balanced fund (Wellington) in the Money 70 list. fwiw, I think it's more important to ask how much risk you need to take, rather than how much you are willing to take. I wrote this down at more length here: http://blog.ometer.com/2010/11/10/take-risks-in-life-for-savings-choose-a-balanced-fund/ First pick your desired asset allocation, then pick your fund after that to match. Good luck.\""}
{"_id": "436128", "title": "", "text": "You should total the items first, to get $3.00, then add the tax, then round up/down accordingly.  Your two examples above don't offer this option, even though your second example arrives at the same result.  In your first example, a number of items taxed one at a time might result in many .006 results which would round to .01. A long enough list of items would result in an error of many cents depending how many items there are. Totaling first then applying tax results in your saving .004 or losing .005 cents maximum due to rounding.  See A Guide to Sales and Use Tax which is a document put out by the Massachusetts Dept of Revenue. In the chart for tax, it shows that $1.09 is taxed at five cents, but at 5%, it would be 5.45. So, at least for this state, I believe I correctly stated the rounding process."}
{"_id": "436131", "title": "", "text": "\"&gt;&gt;I mean the scripture was written and incorporated long after Roman adoption by Constantine.  And it would have gotten that far by espousing tax resistance?   &gt;&gt;Just because the republicans say that is their motivation doesn't mean it is objective.  Pot, meet kettle. You don't think Obamacare wasn't mainly a hand out mainly along partisan lines?   &gt;&gt;Policy research, the impact of Reganomics shows, and Kansas' own failed tax experiment over the last six years show that belief in \"\"free market\"\" is not a sound basis to make decisions which impact people's health and welfare.  And an impersonal, unaccountable, nanny state is?\""}
{"_id": "436143", "title": "", "text": "Where I live, the men are looking for a good woman to take care of them.  Everyone knows that a single guy is homeless. My best attributes as a single woman are that I have a 4x4 truck, a home, and a job. I've given up on romance. I can't afford it."}
{"_id": "436147", "title": "", "text": "Does anyone remember what Porsche had amassed when they attempted a hostile takeover of Volkswagen (before Volkswagen countered with a Pac-Man defense)?  It wasn't anywhere near the scale of the assets Apple has under management, but it was still funny that a small racing company and sports car manufacturer quite nearly pulled it off at the time."}
{"_id": "436150", "title": "", "text": "\"As an entrepreneur, I have nothing against ambitious people working hard to become rich. I do however have a problem with people who want to hear bad economic news on hopes the central banks will pump money into it and push the markets up. I get even more pissed seeing these undeserving pricks get rich when their dreams come true. I am not saying the stock market is a bad thing. But if you get rich why not start a business and build real wealth then maybe invest a little in it? Why depend on the stock market as a primary means of generating wealth? Some of these people are like parasitic traitors hoping for everyone else to suffer so they can get rich off of them (notice I said \"\"some\"\" not \"\"all.\"\"  edit:if you are going to downvote me at least have the balls to tell me what you disagree with. Maybe I'm saying something stupid and being a dick. I admit it's happened before but at least call me out instead of being passive-aggressive about it.\""}
{"_id": "436165", "title": "", "text": "(Oops - I had been meaning to come back to this Q. sooner. Just saw my reminder, so here goes.) Shortly before this question was asked, I actually read a good blog post on the subject of disability insurance at Evolution of Wealth - 7 Ways Your Group Disability Will Fail.  I know the OP doesn't have group disability (and hence the question), but the reason I'm highlighting it is: Even somebody with a group disability policy from their employer may want to consider supplementing it with an individual policy that has better coverage. In my case, the reason I opted for an individual policy was due to point #6 from the post: ... ways that group disability coverage will fail you:  ...  [etc]   6) You can go work somewhere else.   With disability insurance there is a   feature called own-occupation.  This   means that you are unable to perform   the duties of your specific occupation   even if you are able to work in an   other occupation.  Good group   disability coverage will cover your   own-occupation for a period of 2 years   after that if you can work anywhere   (yes, even McDonald\u2019s) then you   receive no more benefits.  Notice I   said \u2018good\u2019 coverage, a lot of   policies don\u2019t even have the   own-occupation benefit. ... I made sure my own individual LTD policy included coverage of own-occupation until age 65.  So, do pay attention to the specific features and limitations of LTD policies when shopping for one."}
{"_id": "436168", "title": "", "text": "The reason banks charge fees for wires, is because the Federal Reserve charges banks to send the wires.  The Fed charges the banks a hefty fee, so the banks have to charge you a hefty fee to make up for it. Any time any business gives you a service for free, its because they think they can make more money off of some other service or product they are selling you.  So the question becomes, How can I make myself valuable enough to a bank that they will waive my wire fees? The account you linked to is a good example of this: the monthly service charge, along with the $0.50 charge every time you use your debit card, would make up for the number of wires most people send."}
{"_id": "436213", "title": "", "text": "\"**Poverty in the United States**  Poverty is a state of deprivation, lacking the usual or socially acceptable amount of money or material possessions. The most common measure of poverty in the U.S. is the \"\"poverty threshold\"\" set by the U.S. government. This measure recognizes poverty as a lack of those goods and services commonly taken for granted by members of mainstream society. The official threshold is adjusted for inflation using the consumer price index.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "436215", "title": "", "text": "The extra money will go toward principal (assuming you're paying on time and don't have late fees)."}
{"_id": "436222", "title": "", "text": "I think of these things in terms of risk.  Investing in individual stocks is risky, and investing in brand new individual stocks is riskier still. However, the payoff can be quite high.  The fact that you work at the company increases your exposure. If the company goes under, then not only have you lost your investment, but you've lost your job and income as well.  It really depends on how much of your total portfolio this investment represents. Consider the following: If you can say yes to all or most of these, then a small investment in your company is fine. If you end up losing your investment, you'll still be okay.  I think it can help a company when the employees have a little skin in the game. I hope it pays out big for you."}
{"_id": "436331", "title": "", "text": "I suggest rolling it over to the 401(k) with your new employer.  Particularly if they match any percentage of your contribution, it would be in your interest to take as much of that money as possible. When it comes to borrowing money from your 401(k), it looks like the issues AbraCadaver mentioned only apply if you don't pay back the money (http://www.kiplinger.com/article/real-estate/T010-C000-S002-borrowing-from-your-retirement-plan-to-buy-a-home.html).  The reasonable argument against taking money out of your 401(k) to buy a home is that it leaves a dent in your retirement nest egg (and its earning power) during key earning years.  On the plus side for borrowing from your 401(k), it's very low interest--and it's interest you're paying back to yourself over a 5-year period.  At its current value, the most you could borrow from your 401(k) is $35K.  If you're fortunate in where you live, that could be most or all of the downpayment. In my own experience, my wife borrowed against her 401(k) balance for the earnest money when we purchased a new home.  Fortunately for us, an investor snapped up my previous home within 4 days of us listing it, so she was able to pay back her loan in full right away."}
{"_id": "436333", "title": "", "text": "BENT Enterprise world-class interactive website designer in USA, we offer a significant boost and help you advance in a highly competitive world. Our expert programmers use a variety of open source and closed source technologies to create agile, responsive, feature rich, interactive web pages that become a platform for interaction with Nevada llc, buyers, and staff, helping to increase efficiency and increase Productivity image. We work on projects of all types and sizes. We have what it takes to bring your projects and web desires to life."}
{"_id": "436346", "title": "", "text": "Look at the processing power and chips though. It gets beat on the tech side by most tablets on the market (they are a lot more expensive though). It really is just a tablet with wireless controllers that runs Nintendo IP."}
{"_id": "436347", "title": "", "text": "I went here: Consumer Loan Law. It seems that a consumer loan is anything other than a business loan or mortgage.  However, in California it seems to include a mortgage. It's a bit weird to see that a HEL can be considered a consumer loan even if it is the primary or the only loan on a property.  Getting a HEL can be a great low cost way to (re)finance a property as they tend to have low or no closing costs and lower interest rates."}
{"_id": "436360", "title": "", "text": "Some banks are bankrupt, or so close to it that they can only pretend to give real dividends in a desperate attempt to keep investors from fleeing and driving their stock price (and thus credit rating) down into a pit of despair.   Other banks (like jpmc) are not in  bad shape, have cash, and are quite happy to disburse it."}
{"_id": "436363", "title": "", "text": "&gt; If the state doesn\u2019t do it, will it not happen?  Correct - if the government/state doesn't provide health care then the poor are less likely to get health care.  We know that is the case because we can compare the US to european countries.  &gt; Do we not want persons to eat because we object to the state raising grain?  That doesn't make any sense - the state doesn't need to raise grain in order to let everyone eat.  They could buy the grain from companies that raise grain, and distribute that for free, for example."}
{"_id": "436408", "title": "", "text": "Thanks everyone. Just how would you suggest I incentivize a customer base that is 90% vacationers. Not really repeat every year visitors. Those would be easy. A discount on the next dive. But for the people who are just on honeymoon. They stop in and want to dive one day or rent snorkel gear and they never come back. We need something that we can give them after the fact since they pay up front."}
{"_id": "436429", "title": "", "text": "I\u2019m sure you wouldn\u2019t say that conflicts of interest are ok? This is obviously one. Is your argument just that we don\u2019t have proof bezos explicitly ordered this article? Or we don\u2019t have proof that there is pressure, direct or indirect, on authors to write pro amazon stories (pressure is new or old)? To be clear, we will never, ever have evidence that such things are occurring, getting evidence for some of things is basically not possible. So I don\u2019t think we should sit here and say \u201cwell we don\u2019t have proof\u201d. Instead we should say \u201cthis is an obvious conflict of interest, and that should be seriously considered when evaluating the content of this article\u201d. Soft power is hard to prove."}
{"_id": "436437", "title": "", "text": "The software you provided as an example won't teach you much about investing. The most important things of investing are: These are the only free lunches in investing. Allocation tells you how much expected return (and also how much risk) your portfolio has. Diversification is the only way to reduce risk without reducing return; however, just note that there is market risk that cannot be eliminated with diversification. Every penny you save on costs and taxes is important, as it's guaranteed return. If you were to develop e.g. software that calculates the expected return of a portfolio when given allocation as an input, it could teach you something about investing. Similarly, software that calculates the average costs of your mutual fund portfolio would teach you something about investing. But sadly, these kinds of software are uncommon."}
{"_id": "436460", "title": "", "text": "\"&gt; In Moraga, where the council discussed establishing a poet laureate position before approving the fiscal distress declaration  The problem has a lot more to do with management and priorities than \"\"people are not doing a damn thing to help their local communities.\"\" If a community takes in sufficient taxes to meet their needs and squanders it, people with sense aren't going to \"\"help\"\" (whatever you mean by that).\""}
{"_id": "436462", "title": "", "text": "\"I don't have any sympathy for Wall Street insiders, and am greatly in favor of giving law breakers real sentences.  But look, any facebook buyer that feels \"\"cheated\"\" here needs to take a good long look in the mirror. It's not illegal to sell something at a preposterous, outrageously high price. You can claim that you were \"\"mislead\"\" by the seller, but by doing that, you abdicate your personal responsibility to think through your own decisions carefully, and come to your own understanding of what they're worth. If the primary basis for buying facebook stock was that *Mark Zuckerberg* said $38 was a good buy, and you couldn't take a few minutes out to decide if that made sense for yourself, for your own sake you should really get out of the stock market.\""}
{"_id": "436470", "title": "", "text": "You are saving around 2.41% over the Car Loan for a duration of 35 months. Check out if the fees for redrawing on home loan and fees for closing the matches the money saved. Edit: If you are making your current car payments as additional monthy payments to your mortgage then you are in effect paying less interest than current car loan."}
{"_id": "436475", "title": "", "text": "Its on their servers which means its accessible via the internet.  And why are you concern about police license plate vacuums?  You afraid they are going to clean your plate?  And why are you more afraid of the DMV getting hacked?  If the DMV gets hacked they won't have access to your credit card info at best social security number."}
{"_id": "436488", "title": "", "text": "I\u2019d chalk amazon up to 1) the market giving then a pass on earnings, 2) AWS rising to eat everything else. I didn\u2019t think it could break past 750-800 last year.       Netflix on the other hand...not sure on the value there. Best case scenario they are HBO or all the content providers realize the game sucks and go back? Content is king and everyone is charging more and more for it OR launching their own streaming options. Unlike hbo, I can subscribe for a month and consume all the content I want and then be done. The pro for them is their service is amazing...apps, online, etc. really good experience."}
{"_id": "436489", "title": "", "text": "That is utter horseshit. There isn't a first world nation anywhere in which there is a black majority. From Madagascar to Jamaica. And for whites? From new Zealand to America, the exact opposite.   I'm willing to have my mind changed. If someone can explain why that is the case, I'm more than open to hearing it. But from where I sit, it seems extremely self evident."}
{"_id": "436493", "title": "", "text": "\"Stripping away the minutia, your question boils down to this: Should I take a loan for something that I may not be able to repay? The correct answer, is \"\"No\"\".\""}
{"_id": "436494", "title": "", "text": "**Retail apocalypse**  The retail apocalypse refers to the closing of a large number of American retail stores beginning in 2016. Over 4,000 physical stores are affected as American consumers shift their purchasing habits due to various factors, including the rise of e-commerce. Major department stores such as J.C. Penney and Macy\u2019s have announced hundreds of store closures, and well-known apparel brands such as J. Crew and Ralph Lauren are unprofitable. Of 1,200 shopping malls across the US, 50% are expected to close by 2023.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "436505", "title": "", "text": "The short answer is yes you probably can take the deduction for a home office because the space is used exclusively and you are working there for the convenience of your employer if you don't have a desk at your employers office. The long answer is that it may not be worth it to take the home office deduction as an employee. You're deduction is subject to a 2% AGI floor. You can only deduct a percentage of your rent or the depreciation on your home. A quick and dirty example if you make $75k/year, rent a 1200 sqft 2 bedroom apartment for $1000/month and use one bedroom (120 sqft) regularly and exclusively for your employer. You can deduct 10% (120sqft/1200sqft) of the $12000 ($1000*12 months (assumes your situation didn't change)) in rent or $1200. However because you are an employee you are subject to the 2% AGI floor so you can deduct $1200-$1500 (75000*.02 (salary * 2% floor)) = -300 so in order to deduct the first dollar you need an additional $300 worth of deductible expenses.  Depending on your situation it may or may not be worth it to take the home office deduction even if you qualify for it."}
{"_id": "436509", "title": "", "text": "Sysco is rather pragmatic, if people are buying it, they'll sell it. There's an entire section in their catalog for local.   We don't use them because they're so expensive but it is tempting because it's so much easier."}
{"_id": "436522", "title": "", "text": "\"Trump is paying off his election \"\"debt\"\" to the oil industry because if he doesn't their money won't be there the next time he needs it. If you think he gives a shit about anything else, you've been smokin' Colorado way to much.\""}
{"_id": "436530", "title": "", "text": "\"From Pub 550: More or less stock bought than sold.   If the number of shares of   substantially identical stock or securities you buy within 30 days   before or after the sale is either more or less than the number of   shares you sold, you must determine the particular shares to which the   wash sale rules apply. You do this by matching the shares bought with   an equal number of the shares sold. Match the shares bought in the   same order that you bought them, beginning with the first shares   bought. The shares or securities so matched are subject to the wash   sale rules. You must match \"\"beginning with the first shares bought.\"\" If only activity 1 & 4 happened, you'd have bought and sold stock with no wash sale. If you remove activity 1 & 4 from consideration because they are a \"\"normal\"\" or non-wash sale transaction, then the Activity 2 or Activity 3 trigger a wash sale. The shares in lot 1 are sold for disallowed loss, so the disallowed basis would be added to shares in lot 2 because lot 2 was purchased before lot 3. (hat tip to user662852 who had much better wording) Second example: Activity 5, 7, and 8 all together would not be a wash sale.   The addition of activity 6 creates a wash sale. The shares in Activity 5 are sold for a disallowed loss in Activity 7 & 8 because of the wash sale triggering purchase in Activity 6.   Activity 6 is where you add the disallowed basis because they are the \"\"first shares bought\"\" that cause the wash sale rule to be triggered.\""}
{"_id": "436536", "title": "", "text": "Whenever a large number of shares to be sold hit the market at the same time the expectation is that the price for each share will drop. The employees in a normal market would be expected to sell some of their shares at the first opportunity. Because during the dot com boom some companies employees were able to become millionaires, every employee at a tech IPO hopes to be richly rewarded. If the long term prospects of the stock price are viewed by the employees as a continuous path up, then the percentage of shares that will hit the market is low. They do want some instant cash, but want the bulk of the shares to capture future growth. The more dismal the long term price lookout is, the greater the percentage of shares that will hit the market. The general consensus is that as each of the Lock Ups expires a significant percentage of shares will be sold, and the price will suffer a short term drop."}
{"_id": "436548", "title": "", "text": "It's no coincidence that the companies really putting muscle behind this are some of the biggest in the world (Google, IBM, EY). As the article points out, they're bypassing colleges altogether to better access the best available talent. With the mega resources those companies have, all training can be provided on site. There's no need to wait 3-5 years to hire when they can do it now. There are definitely pros and cons to this, but it certainly levels the playing field. In theory, someone from a inner-city ghetto may outperform an ivy league graduate in a well-designed competency test, proving their worth based on merit rather than money. I expect it's something that will slowly begin to catch on as more businesses spot the opportunity."}
{"_id": "436557", "title": "", "text": "I'm mainly interested in scraping market data in order to create screening tools involving stock price technicals, stock fundamentals, derivatives, interest rate data, and futures contracts.  I'm not aware of anyone making a screening tool that can integrate all of these things simultaneously.  What is the best environment to create a tool like this?"}
{"_id": "436562", "title": "", "text": "There are two problems with your understanding: The companies I have worked for match based on a percentage of your salary. That is a percentage of your gross pay. It was not based on the percentage of your net pay or after-tax pay. Net pay would be too hard to know. What I mean is the amount of insurance, HSA, Flex spending accounts, etc. determine how much is taxable and thus what is your after-tax pay . In fact if you split between the Roth and Pre-tax forms of the 401K your retirement contribution would influence the amount of the after tax contribution. All matching funds no matter the nature of the contribution (pre-tax, post-tax, Roth) are always considered pre-tax. You didn't pay taxes on the money when it was credited to your account."}
{"_id": "436578", "title": "", "text": "\"Depending on what is the meaning of AI. If strong AI is created (nobody knows when), all humans will become obsolete overnight. If AI means Watson and deep learning, it also strongly depends on software developments that Accenture clowns have no idea about. Either way, its absolutely worthless \"\"research\"\".\""}
{"_id": "436588", "title": "", "text": "This. I rarely buy anything on Amazon anymore, and if I do, it's from a third party seller (never had an issue).  I ordered a health and beauty type product last week...it was on Amazon for 22 dollars, and I would have to pay shipping as I don't have Prime. I went to the manufacturers website...$18..free shipping.  Amazon is a great place to discover new products...but then I just go search and find the product for either less money, and/or free shipping elsewhere."}
{"_id": "436609", "title": "", "text": "You ask two questions, which I answer in order."}
{"_id": "436611", "title": "", "text": "I'm not an expert, just giving my opinion. If you are an owner of a bank account that does not make you liable for their debts unless also cosign on their loans. I would in this join custody of the if only to assist your parents in financial decision making."}
{"_id": "436622", "title": "", "text": "More often than not the market will rise year on year. Your best move is to put the $5000 in on Jan 2. Are you in the 15% bracket? If not, that is, if higher, I'd suggest the traditional, deductible, IRA."}
{"_id": "436638", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Minarchism**](https://en.wikipedia.org/wiki/Minarchism): [](#sfw)   ---  &gt;__Minarchism__ (also known as __minimal statism__) is a [political philosophy](https://en.wikipedia.org/wiki/Political_philosophy). It is variously defined by sources. In the strictest sense, it holds that [states](https://en.wikipedia.org/wiki/State_(polity\\)) ought to exist (as opposed to [anarchy](https://en.wikipedia.org/wiki/Anarchy)), that their only legitimate function is the protection of individuals from [aggression](https://en.wikipedia.org/wiki/Aggression), [theft](https://en.wikipedia.org/wiki/Theft), [breach of contract](https://en.wikipedia.org/wiki/Breach_of_contract), and [fraud](https://en.wikipedia.org/wiki/Fraud), and that the only legitimate governmental institutions are the [military](https://en.wikipedia.org/wiki/Military), [police](https://en.wikipedia.org/wiki/Police), and [courts](https://en.wikipedia.org/wiki/Courts). In the broadest sense, it also includes [fire departments](https://en.wikipedia.org/wiki/Fire_department), [prisons](https://en.wikipedia.org/wiki/Prison), the [executive](https://en.wikipedia.org/wiki/Executive_(government\\)), and [legislatures](https://en.wikipedia.org/wiki/Legislatures) as legitimate government functions.    Such states are generally called [night-watchman states](https://en.wikipedia.org/wiki/Night-watchman_state).  &gt;  ---  ^Interesting: [^Anarcho-capitalism ^and ^minarchism](https://en.wikipedia.org/wiki/Anarcho-capitalism_and_minarchism) ^| [^Night-watchman ^state](https://en.wikipedia.org/wiki/Night-watchman_state) ^| [^Laissez-faire](https://en.wikipedia.org/wiki/Laissez-faire) ^| [^Libertarianism](https://en.wikipedia.org/wiki/Libertarianism)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+ck1tpnu) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+ck1tpnu)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "436640", "title": "", "text": "Embrace the web.  Let folks search for info while they're in your store.  make the Salesmen do it.  give your customer all the info they need to pull the trigger and buy the product.  Just say we'll match Amazon or Newegg on this and the sale's a lock."}
{"_id": "436642", "title": "", "text": "You are asking the questions which matter. The quoted economist gave a few examples of how he considered China as outpacing the US. But they were not really described in detail, and the point is not very convincing. Most innovation in tech is still happening in the US."}
{"_id": "436652", "title": "", "text": "\"OptionsXpress is good. I have used them for many years to trade stocks mainly (writing Covered calls and trading volatility). You set the account up through OptionsXpress Australia, and then fund the account from one of your accounts in Australia (I just use my Bank of Queensland account). The currency conversion will be something to watch (AUD to USD). The rates are low, but one of the best features is \"\"virtual trading\"\". It allows you to give yourself virtual funds to practice. You can then experiment with stop-losses and all other features. Perhaps other platforms have this, but I am yet to see it... anyway, if you want to trade in US stocks you are going to need to switch to USD anyway. ASX never moves enough for my interests. Regards, SB\""}
{"_id": "436653", "title": "", "text": "\"The quant score is definitely one of the major factors, and you are correct it is more important if you don't have a math background. I don't think it's a non starter if you apply to some of the lower level or mid-major programs though (read : below top 50/75 ish). That's why part of my advice entails doing the masters and taking as many auxiliary math courses as possible, to boost your \"\"math background\"\". It worked for me anyway.\""}
{"_id": "436689", "title": "", "text": "My problem isn't the people seeking the career advice, it's the effort they put into it before coming on the board.  I would prefer the board includes news &amp; events, interviews with financiers, and papers or questions about specific topics in finance."}
{"_id": "436700", "title": "", "text": "100% agree. While some institutional knowledge will be gone with departing boomer retirees, it opens the doors to knew ways doing things, methods for improving a business function or covering the same workload in a new manner.   The ship isn't going to go down because Billy Boomer gets his gold watch. I also believe new opportunities for entrapreneurs and other product or service providers will open up as result of those nest eggs being distributed.   Hopefully the insurance companies leave something for the rest of the markets to compete  over.   Edit:typo"}
{"_id": "436701", "title": "", "text": "Unless you make those investments inside a tax-deferred account, you will have to pay income-taxes on that money this year. Because you made that money through your own business, you will also have payroll taxes due on that money this year."}
{"_id": "436710", "title": "", "text": "\"&gt;When I was a student, back in the early nineties, I had a holiday job at the frozen-food supermarket chain, Iceland.  One morning, presumably fresh from a leadership course at Frosty HQ, our manager called all the staff together to admonish us for our apparent lack of enthusiasm for the sale of turkey nuggets.  \u201cSometimes I feel that some of you are only in this for the  money\u201d she hissed.  She was cut off by incredulous laughter.  After all, what other motivation could there be for spending one\u2019s weekend restocking a giant fridge freezer?  This is ironically (ROTFLMAO) hilarious.    After all what exactly is the underlying motivation of the \"\"company\"\" itself?  The good of all little children of the world... hence the dispensing of \"\"turkey nuggets\"\" for FREE???  Oh wait, the goal is to make money.  Herp Derp.    ---  &gt;Innocuous as this may sound, it\u2019s a cultural shift that poisonously favours the employer over the worker.  For as long as companies are able to offer their staff these intangible psychological carrots, they are able to get away with not paying them in full for the work they do. &gt; &gt;[...] &gt; &gt;For companies, it\u2019s a perfect ruse.  Like faith healers, the more evangelical fervour they can fire up in their staff, the more they can squeeze out of them, and the less they ask in return.   I heard this kind of BS (along with the Soviet-style \"\"banners\"\" and \"\"mission statements\"\" and \"\"5 year plans\"\") well over a decade ago.  My response then to it -- (from a friend/CEO who was trying to \"\"entice\"\" me into working for his company, and tried this schtick because he'd recently been indoctrinated into the BS via Harvard's OPM/MBA program) -- was simple, I said \"\"Sorry guy, cut the BS, I'm basically prostituting my mind/skills/time &amp; labor -- make me a better offer in terms of $$ or STFU.\"\" He started to take umbrage at the \"\"prostitute\"\" concept, and I replied that I wasn't born yesterday, I knew that he had inherited the company, that he himself really didn't give a rats arse about making &amp; selling the products that he did, and that the whole enterprise was (as essentially all enterprises are) ALL ABOUT making money -- so if he wanted me on his team, he would need to PAY. (And besides, his entire reason for wanting to hire me was that he KNEW I would be able to help make his operation significantly more efficient and therefore more profitable.)  Sometimes you just need to clock these jackasses over the head with a baseball bat -- they get so caught-up and habituated in using the buzzwords and euphemisms that they delude themselves into thinking that they *really ARE* \"\"doing God's work\"\". (The irony is that those same \"\"delusions\"\" and buzzwords tend to make them easy marks for scamming \"\"con-men\"\" consultants; something that I have seen happen several times, often almost hilariously.)  And I also see that this is the influence of \"\"creeping socialism\"\" -- as if there is something inherently \"\"wrong\"\" with making a profit and it has to be \"\"justified\"\" with something more noble -- which is total delusional *ballocks*. The only reason to plant a seed is to reap the harvest; and thus feed yourself (and incidentally, others, from whom you are entitled to expect something in return/exchange).\""}
{"_id": "436714", "title": "", "text": "&gt;Wrapping up, the iPhone 5 display is a quantum leap better than the display on the iPhone 4.  Clicked link, found pure, unadulturated comparison to iPhone 4 and nary a comparison to any other vendor. Your insistence of fact is obtuse in relation to your link. But hey, that's just my opinion."}
{"_id": "436725", "title": "", "text": "I remember seeing a post forever ago about how millionaires arent investing and someone (a millionaire themselves) claimed it was because of the current economic/political climate made them unsure which then provoked this other person (assuming a millionaire) to come in and respond to them, talking about how Trump was going to cut taxes, concerns over student loan defaults were overblown, etc etc (basically saying to invest because it's going to be alright)  None the less that stuck with me for some reason so it's interesting to see how it's all going to turn out because it's clear the millionaires aren't unified on what the future has in store and I take that more as a sign for troubled waters ahead than anything else"}
{"_id": "436729", "title": "", "text": "In both the US and UK you are taxed on your income. Transferring your own money from one country to another does not count as income, so you won't be taxed on it. If it's not your money you are transferring that will be different. You may have to report transfers to comply with money laundering rules. You have to report large amounts of cash you bring with you."}
{"_id": "436736", "title": "", "text": "I still get triggered occasionally, like recently when my old smoking buddy from my old job visited. I've never seen him light a cigarette and not light one myself at the same time. Other than that though, smooth sailing."}
{"_id": "436745", "title": "", "text": "This is just a byproduct of high margin, low fixed cost businesses. They are retaining shitloads of earnings with little need, or even ability, to deploy it.   Their growth strategy is probably acquisition based as well (hello Whole Foods), so having billions on the sidelines is optionality to execute quickly on an opportunity if/when it presents itself."}
{"_id": "436750", "title": "", "text": "Why don't obtain payday loans as well as pay out your own crisis healthcare expenses? Very often it's not necessarily potential to await until finally your own personal payday comes an ideal conditions. We certainly have the response. Pay a visit to each of our internet site along with fill in a rapid app for just a interim financial institution and have cash loan on the net."}
{"_id": "436765", "title": "", "text": "\"Ironically, the financially disadvantaged (who are butthurt downvoting you so hard right now) also tend to believe in luck when it comes to lottery tickets and other forms of gambling. They would, on the whole, find themselves far more \"\"lucky\"\" if they could stop spending what money they have on gambling, drugs, cigarettes and alcohol. Every single one of my unemployed friends eats out *every day*, smokes cigarettes and drinks at the bar on Friday and Saturday nights. Most smoke weed, too. Funny how that works out.    I've also noticed a prevailing attitude among my peers that getting a good job equals \"\"I don't have to work any more!\"\" So many of them who are \"\"lucky\"\" enough to get a good job end up losing it a short while later. Shitty \"\"luck.\"\"\""}
{"_id": "436777", "title": "", "text": "If you're absolutely certain that you won't buy a house within a year or so, I'd still be tempted to put some of the money into short-term CDs (ie, a max of 12 months). I think that at the moment CDs are a bit of a mug's game though because you'd hardly find one that offers better interest rates than some of the few savings accounts that still offer 1%+ interest. A savings account is probably where I'd put the money unless I could find a really good deal on a CD, but I think you might have to check if they've got withdrawal limits. There are a couple of savings accounts out there that pay at least 1% (yes, I know it's pitiful) so I'd seek out one or two of those. From memory, both Sallie Mae and Amex offer those and I'm sure there are a couple more. It's not great that your money is growing at less than inflation but if you're saving for something like a downpayment on a house I would think that (nominal) capital preservation is probably more important than the potential for a higher return with the associated higher risk."}
{"_id": "436793", "title": "", "text": "I think everyone else answered before you added the info about your car loan in your comment. While it makes sense to pay off loans with the highest interest rate first, keep in mind that in most cases you can deduct mortgage interest from your taxable income. So the after-tax rate of interest that you're paying on your 8.6% second mortgage will be less than your 7% car loan, assuming that your tax bracket is more than 18% (federal and state combined). If you plan to use your funds to pay down debt, definitely attack the car loan first."}
{"_id": "436796", "title": "", "text": "&gt; Even with a Pell Grant to attend school, it can be very hard to get a job that will accommodate a class schedule and also pay enough for basic living expenses. And many people around here were not encouraged to pursue education, because of the expense. And because, until 10-15 years ago, there were always factories hired and it was expected to start at 18 and stay until retirement.  Yeah but I know plenty of poor people that got grants and other free money and lived off campus and were able to survive. Maybe they didn't live like I did or spend like I did, but they could get by with that and maybe a part time job. I worked all throughout college.   &gt; If you do too well at work, they don't want to give you the time off to move forward (problem I had at a law office where I was working way more hours than hired for, then told I couldn't cut back to our original agreement when the next semester required more seated classes). If you don't excel, it's not worth their trouble to accommodate you because there are plenty of others begging for a job that can work whenever they're told.  I hope you're not trying to become a lawyer. That field is way over saturated."}
{"_id": "436818", "title": "", "text": "I want to transfer around $2000 to another bank account (which is under my name ) in India. As much as I know you cannot instruct to transfer money from your travel card to a Bank Account. You can withdraw cash at ATM or swipe it. On return you can encash the balance. Will this have any tax implications? The money provided to you by the company is meant as an allowance for your expense in US. As per law any money you save and not spend has to be declared as additional income and taxes paid accordingly. Is there any difference if I send it to my parents account? There is no difference if you transfer the funds to your account or to your parents accounts or keep the cash. If you haven't spent the allowance, its additional benefit and taxable."}
{"_id": "436819", "title": "", "text": "That's not cheap in my book, either.  Haven't flown in awhile and wondered about prices.  Going back to Dec 2013, the returns on the stocks of United, Delta, and AA are in the [double-digits](http://www.google.com/finance?chdnp=1&amp;chdd=1&amp;chds=1&amp;chdv=1&amp;chvs=maximized&amp;chdeh=0&amp;chfdeh=0&amp;chdet=1407799434687&amp;chddm=65688&amp;chls=IntervalBasedLine&amp;cmpto=NYSE:UAL;NYSE:DAL&amp;cmptdms=0;0&amp;q=NASDAQ:AAL&amp;ntsp=0&amp;ei=J1DpU7iZKcSyiAKN7IGoCA), so they're definitely not having a rough time on this basis."}
{"_id": "436840", "title": "", "text": "Personally, I don't think that the interest from the car loan is worth the credit history you're building through it. There are other ways to build credit that don't require you to pay interest, like the credit card you mentioned (so long as you keep paying off the balance). So I'd go that route: ditch the auto loan and replace it with a line of consumer credit. Just be careful not to overspend because the card will likely have a higher interest rate than your loan."}
{"_id": "436871", "title": "", "text": "Audio video service can make a big difference in your working style and turn them from tedious to enthusiastic one. You just need to count on a company who has been in the industry for long years and has proven its authenticity in providing the good quality equipments at least price."}
{"_id": "436875", "title": "", "text": "You need to get some thing called landlord insurance, tenants only covers his belongings. Any property damage caused deliberately or unknowingly is not covered in this, its upon the owner to get landlord insurance."}
{"_id": "436880", "title": "", "text": "Disco Henry providing award winning Disc Jockey services in Northampton. We specialize in parties, socials, award galas, birthday celebrations, anniversary receptions, theme nights and most of all weddings. If you want to Local Wedding DJ in Northampton, you can contact us at our office. We have the Dj professional who has had great experiences with Quality Entertainment. You will see photos of real parties and events where we provided the entertainment."}
{"_id": "436884", "title": "", "text": "Luke, I'd like to point out some additional benefits of the Roth IRA accounts 1) Going Roth, you can effectively increase the amount of your contribution to your IRA account. In your example, you are assuming that your contribution to Roth IRA is in fact $ 85 ($100 less $ 15 tax paid). In reality, albeit more costly, Roth IRA allows you to contribute full $ 100 ($117.65 less $ 17.65 tax incurred.) Using this method you can in fact grow your tax-free funds to $ 1.006.27 over 30 years. The larger you effective tax rate is, the larger will be the difference between your maximum effective Traditional vs Roth IRA contribution will be. 2) Should you need to access your IRA funds in case of emergency (unqualified event of not buying your first home, nor paying for your college education), Roth IRA account contributions can be withdrawn without incurring the 10% penalty charge, that would be imposed on your unqualified Traditional IRA distribution. 3) As other contributors noted it's hard to believe that lower US tax rates would prevail. Chances are you will be contributing to Traditional 401k later throughout your work life. Having a Roth IRA account would afford you a tax diversification needed to hedge against possible tax rate hikes coming in the future. Considering the gloomy future of the Social Security funding, and ever-growing US national debt, can we really expect for there to not be any tax rate increases in the next 20-40 years?! By the way, as others pointed out your effective tax rate will always be lower than your marginal tax bracket."}
{"_id": "436887", "title": "", "text": "...and then you'll see companies stockpile professional scapegoats.  Doing something risky? Put a professional scapegoat at the head of the team responsible. If shit hits the fan, pro scapegoat gets a hefty paycheck to take the fall, sits in prison for a few years, gets out, resumes work at the same company, and wipes tears away with tons of money.  Identifying pro scapegoats and taking steps to make the role illegal will turn into a very long game of whack-a-mole."}
{"_id": "436897", "title": "", "text": "As others have explained defined contribution is when you (or your employer) contributes a specified amount and you reap all the investment returns.  Defined benefit is when your employer promises to pay you a specified amount (benefit) and is responsible for making the necessary investments to provide for it.   Is one better than the other? We can argue this either way.   Defined benefit would seem to be more predictable and assured.  The problem being of course that it is entirely reliant upon the employer to have saved enough money to pay that amount.  If the employer fails in that responsibility, then the only fallback is government guarantees.  And of course the government has limitations on what it can guarantee.  For example, from Wikipedia:   The maximum pension benefit guaranteed by PBGC is set by law and adjusted yearly. For plans that end in 2016, workers who retire at age 65 can receive up to $5,011.36 per month (or $60,136 per year) under PBGC's insurance program for single-employer plans. Benefit payments starting at ages other than 65 are adjusted actuarially, which means the maximum guaranteed benefit is lower for those who retire early or when there is a benefit for a survivor, and higher for those who retire after age 65. Additionally, the PBGC will not fully guarantee benefit improvements that were adopted within the five-year period prior to a plan's termination or benefits that are not payable over a retiree's lifetime. Other limitations also apply to supplemental benefits in excess of normal retirement benefits, benefit increases within the last five years before a plan's termination, and benefits earned after a plan sponsor's bankruptcy. By contrast, people tend to control their own defined contribution accounts.  So they control how much gets invested and where.  Defined contribution accounts are always 100% funded.   Defined benefit pension plans are often underfunded.  They expect the employer to step forward and subsidize them when they run short.  This allows the defined benefits to both be cheaper during the employment period and more generous in retirement.  But it also means that employers have to subsidize the plans later, when they no longer get a benefit from the relationship with the employee.   If you want someone else to make promises to you and aren't worried that they won't keep them, you probably prefer defined benefit.   If you want to have personal control over the money, you probably prefer defined contribution.   My personal opinion is that defined benefit plans are a curse.  They encourage risky behavior and false promises.  Defined contribution plans are more honest about what they provide and better match the production of employment with its compensation.  Others see defined benefit plans as the gold standard of pensions."}
{"_id": "436899", "title": "", "text": "\"I think that its ok to keep your \"\"emergency fund\"\" money in cash in your home. By emergency fund, I mean $1,000-2,500, that doesn't get touched. There are risks. You have a risk that the money will be stolen, or be wholly or partially destroyed, or even lost if you stash it somewhere and forget. You're also not going to earn interest. So go for it. But keep your emergency funds in cash -- if you want to buy silver and gold, that's fine...you need to treat them as commodity investments.\""}
{"_id": "436904", "title": "", "text": "This is Ellie Lan, investment analyst at Betterment. To answer your question, American investors are drawn to use the S&P 500 (SPY) as a benchmark to measure the performance of Betterment portfolios, particularly because it\u2019s familiar and it\u2019s the index always reported in the news. However, going all in to invest in SPY is not a good investment strategy\u2014and even using it to compare your own diversified investments is misleading. We outline some of the pitfalls of this approach in this article: Why the S&P 500 Is a Bad Benchmark. An \u201calgo-advisor\u201d service like Betterment is a preferable approach and provides a number of advantages over simply investing in ETFs (SPY or others like VOO or IVV) that track the S&P 500.  So, why invest with Betterment rather than in the S&P 500? Let\u2019s first look at the issue of diversification. SPY only exposes investors to stocks in the U.S. large cap market. This may feel acceptable because of home bias, which is the tendency to invest disproportionately in domestic equities relative to foreign equities, regardless of their home country.  However, investing in one geography and one asset class is riskier than global diversification because inflation risk, exchange-rate risk, and interest-rate risk will likely affect all U.S. stocks to a similar degree in the event of a U.S. downturn. In contrast, a well-diversified portfolio invests in a balance between bonds and stocks, and the ratio of bonds to stocks is dependent upon the investment horizon as well as the individual's goals.  By constructing a portfolio from stock and bond ETFs across the world, Betterment reduces your portfolio\u2019s sensitivity to swings. And the diversification goes beyond mere asset class and geography. For example, Betterment\u2019s basket of bond ETFs have varying durations (e.g., short-term Treasuries have an effective duration of less than six months vs. U.S. corporate bonds, which have an effective duration of just more than 8 years) and credit quality. The level of diversification further helps you manage risk.  Dan Egan, Betterment\u2019s Director of Behavioral Finance and Investing, examined the increase in returns by moving from a U.S.-only portfolio to a globally diversified portfolio. On a risk-adjusted basis, the Betterment portfolio has historically outperformed a simple DIY investor portfolio by as much as 1.8% per year, attributed solely to diversification.   Now, let\u2019s assume that the investor at hand (Investor A) is a sophisticated investor who understands the importance of diversification. Additionally, let\u2019s assume that he understands the optimal allocation for his age, risk appetite, and investment horizon. Investor A will still benefit from investing with Betterment.  Automating his portfolio management with Betterment helps to insulate Investor A from the \u2019behavior gap,\u2019 or the tendency for investors to sacrifice returns due to bad timing. Studies show that individual investors lose, on average, anywhere between 1.2% to 4.3% due to the behavior gap, and this gap can be as high as 6.5% for the most active investors. Compared to the average investor, Betterment customers have a behavior gap that is 1.25% lower. How? Betterment has implemented smart design to discourage market timing and short-sighted decision making.  For example, Betterment\u2019s Tax Impact Preview feature allows users to view the tax hit of a withdrawal or allocation change before a decision is made. Currently, Betterment is the only automated investment service to offer this capability. This function allows you to see a detailed estimate of the expected gains or losses broken down by short- and long-term, making it possible for investors to make better decisions about whether short-term gains should be deferred to the long-term. Now, for the sake of comparison, let\u2019s assume that we have an even more sophisticated investor (Investor B), who understands the pitfalls of the behavior gap and is somehow able to avoid it. Betterment is still a better tool for Investor B because it offers a suite of tax-efficient features, including tax loss harvesting, smarter cost-basis accounting, municipal bonds, smart dividend reinvesting, and more. Each of these strategies can be automatically deployed inside the portfolio\u2014Investor B need not do a thing. Each of these strategies can boost returns by lowering tax exposure. To return to your initial question\u2014why not simply invest in the S&P 500? Investing is a long-term proposition, particularly when saving for retirement or other goals with a time horizon of several decades. To be a successful long-term investor means employing the core principles of diversification, tax management, and behavior management. While the S&P might look like a \u2018hot\u2019 investment one year, there are always reversals of fortune. The goal with long-term passive investing\u2014the kind of investing that Betterment offers\u2014is to help you reach your investing goals as efficiently as possible.   Lastly, Betterment offers best-in-industry advice about where to save and how much to save for no fee."}
{"_id": "436907", "title": "", "text": "I hear what you are saying, but it doesn't seem to ring true.  The subsidies again may exacerbate the issue, but they aren't CAUSING the issue.  The real issue is the regulatory burden in your explanation here, not the subsidies.  But again, I think the large companies' abilities to sue forever, or buy out of existence, the smaller companies, or to gain regulation that does disproportionately favor the larger companies, is the real issue, then.  Subsidies are only a catalyst to help the process go faster."}
{"_id": "436924", "title": "", "text": "Respect within a partnership starts with each person\u2019s own self-respect. We cannot expect others to respect us if we don\u2019t respect ourselves. It shows up in every interaction and every conversation. It\u2019s palpable and enduring. Respect is the glue that keeps the partnership alive and well. Visit us: http://matchmakerdatingservices.tumblr.com/post/93107740985/secrets-to-lasting-relationships"}
{"_id": "436930", "title": "", "text": "$10.90 for every $1000 per year. Are you kidding me!!! These are usually hidden within the expense ratio of the plan funds, but >1% seems to be quite a lot regardless. FUND X 1 year return 3% 3 year return 6% 10 year return 5% What does   that exactly mean? This is the average annual rate of return. If measured for the last 3 years, the average annual rate of return is 6%, if measured for 1 year - it's 3%. What it means is that out of the last 3 years, the last year return was not the best, the previous two were much better. Does that mean that if I hold my mutual funds for 10 years I will get   5% return on it. Definitely not. Past performance doesn't promise anything for the future. It is merely a guidance for you, a comparison measure between the funds. You can assume that if in the past the fund performed certain way, then given the same conditions in the future, it will perform the same again. But it is in no way a promise or a guarantee of anything. Since my 401K plan stinks what are my options. If I put my money in a   traditional IRA then I lose my pre tax benefits right! Wrong, IRA is pre-tax as well. But the pre-tax deduction limits for IRA are much lower than for 401k.  You can consider investing in the 401k, and then rolling over to a IRA which will allow better investment options. After your update: Just clearing up the question. My current employer has a 401K. Most of   the funds have the expense ratio of 1.20%. There is NO MATCHING   CONTRIBUTIONS. Ouch. Should I convert the 401K of my old company to Traditional IRA and   start investing in that instead of investing in the new employer 401K   plan with high fees. You should probably consider rolling over the old company 401k to a traditional IRA. However, it is unrelated to the current employer's 401k. If you're contributing up to the max to the Roth IRA, you can't add any additional contributions to traditional IRA on top of that - the $5000 limit is for both, and the AGI limitations for Roth are higher, so you're likely not able to contribute anything at all to the traditional IRA. You can contribute to the employer's 401k. You have to consider if the rather high expenses are worth the tax deferral for you."}
{"_id": "436948", "title": "", "text": "I'm going to be a bit off topic and recommend 'The Only Investment Book You'll Ever Need' by Andrew Tobias. It doesn't start with describe the workings of the stock market. Instead, it starts with making sure you have a budget and have your basic finances in order BEFORE going into the stock market. This may not sound like what you are looking for, but it really is a valuable book to read, even if you think you are all set up in that department."}
{"_id": "436951", "title": "", "text": "\"The only people who benefit from \"\"Kleenex's consumption\"\" are Kimberley-Clark's owners, workers/management, and the people that consume their products.  A being called \"\"kleenex\"\" doesn't exist to reap the rewards.    If you are truly in support of \"\"money going to the people who work for a living\"\" then you should be 100% in support of removing corporate taxes, and simply taxing wealth.  This is because corporate taxes cut equally among the owners, and every middle-class citizen is going to have a 401k or IRA.  On top of corporate taxes hitting the middle-class, if the good that the corporation is selling is relatively inelastic, and a lot of goods are, then a portion of the costs of corporate taxes get passed onto the consumer anyway.\""}
{"_id": "436952", "title": "", "text": "\"In your example, you said if someone calls for a 75% decline in the market next year, and instead it happens in 3 years, it's still a good call in your book. This is what I, and I believe mjvcaj, disagree with.   Without a time frame, or an incorrect time frame, you're essentially just making a blanket statement and hoping for the best. Otherwise anyone can \"\"predict\"\" what's going to happen, as long as you're vague about the details.\""}
{"_id": "436960", "title": "", "text": "They are four quarterly estimated tax payments.   The IRS requires that you pay your taxes throughout the year (withholding in a W-2 job).  You'll need to estimate how much taxes you think you might be owing and then pay roughly 1/4 at each of the 4 deadlines. From the IRS: How To Figure Estimated Tax To figure your estimated tax, you must   figure your expected AGI, taxable   income, taxes, deductions, and credits   for the year. When figuring your 2011 estimated tax,   it may be helpful to use your income,   deductions, and credits for 2010 as a   starting point. Use your 2010 federal   tax return as a guide. You can use   Form 1040-ES to figure your estimated   tax. Nonresident aliens use Form   1040-ES (NR) to figure estimated tax. You must make adjustments both for   changes in your own situation and for   recent changes in the tax law. For   2011, there are several changes in the   law. Some of these changes are   discussed under What's New for 2011   beginning on page 2. For information   about these and other changes in the   law, visit the IRS website at IRS.gov. The instructions for Form 1040-ES   include a worksheet to help you figure   your estimated tax. Keep the worksheet   for your records. You may find some value from hiring a CPA to help you setup your estimated tax payments and amounts."}
{"_id": "436964", "title": "", "text": "if your end game is corporate, a PhD might be a bit overkill (source: phd holder who works in banking). if you want to be very technical (coding, analytics, quant finance), then the PhD might make sense. if that isn\u2019t you and you don\u2019t want academia, don\u2019t do it. the phd is a really long haul.   MFin gives you a stronger theoretical framework than an MBA, however for recruitment, MBAs tend to fare better and more easily getting into finance. the CFA in theory could fill in the finance gaps missing in the MBA.  at any rate, if you\u2019re dedicated and persevere, you\u2019ll get wherever you want to be in due time with any of these choices."}
{"_id": "436971", "title": "", "text": "Just to be clear, I've been in the industry, specifically in government and regulatory affairs, seven years.  In the US, there is generation, transmission, distribution, merchant function/retail function, and government impositions (fees, taxes, environmental regulations, etc), *just like presented in the image.*   In my experience, attributing approximately 50% to T&amp;D and 50% to everything else is pretty accurate (in fact, T&amp;D costs are often higher than all the others). I'm sure our overall rates are lower (depending on location -- Hawaii's rates are astronomical), but I don't think these percentages are that off."}
{"_id": "436997", "title": "", "text": "Not only are they high volume but also most finish materials are very basic. For example lighting fixtures, most builders put ceiling fans in all bedrooms ($75) where Rausch coleman uses a flush mount ($15) in the spare bedrooms.  Same with flooring they use a vinyl plank where most builders use wood. This can be $1sqft or more cheaper. Cabinets, carpet, tile, countertops, faucets, all they same. These are all cosmetics and you can save a ton of money while building by doing this and still build a quality home. Rausch Coleman builds a quality home at an affordable price by keeping the cosmetics basic."}
{"_id": "437002", "title": "", "text": "\"I am guessing you are being downvoted by people who wish they had two devices.  The reason being:  When your personal phone is your work phone, you are always on call.  Quite frankly, that sucks.  Give me two separate phones any day.  If people need to contact you during the work day, they call your work line.  If people from work need to contact you after work, too bad, that shitty work smartphone \"\"ran out of power\"\" around 5pm ;-)\""}
{"_id": "437014", "title": "", "text": "Law Office of Daniel J. Caplis Each year, millions of people get injured to the point where they need medical treatment. According to the Centers for Disease Control (CDC), an estimated 31 million people will suffer an injury in a given year. Of those, two million will need to be hospitalized, and 162,000 will die from their injuries."}
{"_id": "437032", "title": "", "text": "Several years ago a study found that US healthcare was so bad that a very large number of people died unnecessarily who would not have died if they were in one of the more advanced countries.  [New Study: U.S. Ranks Last Among High-Income Nations on Preventable Deaths, Lagging Behind as Others Improve More Rapidly](http://www.commonwealthfund.org/News/News-Releases/2011/Sep/US-Ranks-Last-on-Preventable-Deaths.aspx)"}
{"_id": "437041", "title": "", "text": "\"That depends on on the Global Macro you're applying for; your best bet is to look at their investment policy/strategy on their website. If that's not available, it's actually a good interview question (i.e. a question for you to ask the interviewer). To be clear, what I think is a good question for you to ask is \"\"so what's your investment strategy?\"\" It shows that the candidate isn't presuming anything and that s/he knows that there's an adherence to an underlying discipline.  In my opinion, don't pitch anything. If it was me; even if I did know their investment approach, I wouldn't pitch an idea in an interview, unless asked.  If they do ask you for your opinion, tell them your idea (assuming that you know their investment approach and what your pitching adheres to it). Interviewers sometimes ask such questions to gauge whether you have a \"\"finger on the pulse of the market\"\".  So in summary:  1. Find out their investment strategy. 2. If it's not online, then ask what it is in the interview. 3. Show that you understand the strategy. 4. Don't pitch an idea unless asked; if asked, show how your idea adheres to the underlying strategy.\""}
{"_id": "437046", "title": "", "text": "It's absolutely going to come eventually. But making a $15 minimum will make it happen right away, and there will be a cascade effect because everyone down the line will want a raise as well, and companies will figure out how to get rid of those people as well."}
{"_id": "437061", "title": "", "text": "If you're audited routinely you probably have an accountant to get this straight. It's not something that I would be too worried about as it is purely journal-entry issue, there's no problem with the actual money. Mistakes happen. I'd suggest converting the currency, taking loss/gain on the conversion as a capital loss/gain, and credit the correct currency to the correct account. If GnuCash causes problems - just record it in the EUR equivalent, putting in notes the actual SGD value. Note that I'm not an accountant and this is not a professional advice."}
{"_id": "437064", "title": "", "text": "This was excellent.  VCs buy amazing ideas and people all the time for so little.  It was good to see someone who knows what their idea and execution are worth and stick to their guns.  I see small businesses sell for 2x revenue all the time and then flip on IPO for 10-20x earnings after some growth.  When you have a good team and process, let it ride."}
{"_id": "437069", "title": "", "text": "\"There are websites out there that let people apply for micro-loans, and let other people fund those loans, and get a percent of the interest back as the loans are paid off. I have heard of people with spare cash \"\"investing\"\" in these sites. However, I don't think there is a guarantee of return of your money, and I have heard mixed reviews by people, so I will not link to any such sites here.\""}
{"_id": "437084", "title": "", "text": "This is not your problem and you should not try to fix it. If your employer paid money into someone else's account instead of yours they should ask their bank to reverse it and should pay you your wages while they are waiting for this to be done. No bank will let you do anything about money paid by someone else into an account that is not yours, or give you details of someone else's account."}
{"_id": "437100", "title": "", "text": "\"This is not intended as legal advice, and only covers general knowledge I have on the subject of wills as a result of handling my own finances.   Each state of the USA has its own laws on wills and trusts.  You can find these online.  For example, in Kentucky I found state laws here:  http://www.lrc.ky.gov/krs/titles.htm and Title XXXIV is about wills and trusts.  I would recommend reading this, and then talking to a lawyer if it is not crystal clear.   Generally, if a lawyer does not draft your will, then either (1) you have no will, or (2) you use a form or computer program to make a will, that must then be properly witnessed before it is valid.  If you don't have it witnessed properly, then you have no will.  In some states you can have a holographic will, which means a will in your own handwriting.  That's when you have that 3am heart attack, and you get out a pad of paper and write \"\"I rescind all former wills hereby bequeathing everything to my mistress Samantha, and as to the rest of you go rot in hell. \"\" One issue with these is that they have to get to court somehow, and someone has to verify the handwriting, and there are often state laws about excluding a current spouse, so you can guess for yourself whether that one might disappear in the fireplace when another family member finds it next to the body or if a court would give it validity. And there can be logic or grammar problems with do it yourself wills, made in your own handwriting, without experience or good references on how to write things out.  Lawyers who have done a bunch of these know what is clear and makes sense.  (1) In Tennessee, where I live, an intestate's property, someone who died with no will, is divided according to the law.  The law looks to find a spouse or relatives to divide the property, before considering giving it to the state.  That might be fine for some people.  It happened once in my family, and was resolved in court with minimal red tape.  But it really depends on the person.  Someone in the middle of an unfinalized divorce, for instance, probably needs a will help to sort out who gets what.   (2) A form will is valid in Tennessee if it is witnessed properly.  That means two witnesses, who sign in yours' and each others' presence.  In theory they can be called to testify that the signature is valid.  In practice, I don't know if this happens as I am not a lawyer. I have found it difficult to find witnesses who will sign a form will, and it is disconcerting to have to ask friends or coworkers for this sort of favor as most people learn never to sign anything without reading it.  But a lawyer often has secretaries that do it...  There is a procedure and a treaty for international wills, which I know about from living overseas. To streamline things, you can get the witnesses to each sign an affidavit after they signed the will.  The affidavit is sworn written testimony of what happened, that they saw the person sign their will and sign in each others' presence, when, where, no duress, etc.  If done correctly, this can be sufficient to prove the will without calling on witnesses.  There is another option (3) you arrange your affairs so that most of your funds are disbursed by banks or brokers holding your accounts.  Option (3) is really cheap, most stock brokers and banks will create a Transfer-On-Death notice on your account for free.  The problem with this is that you also need to write out a letter that explains to your heirs how to get this money, and you need to make sure that they will get the letter if you are dead.  Also, you can't deal with physical goods or appoint a guardian for children this way.  The advantage of a lawyer is that you know the document is correct and according to local law and custom, and also the lawyer might provide additional services like storing the will in his safe.  You can get personalized help that you can not get with a form or computer program.\""}
{"_id": "437126", "title": "", "text": "The market is efficient, but it is not perfectly efficient. There are entities out there that consistently, legitimately, and significantly outperform the market because of asymmetric information (not necessarily insider trading) and their competitive advantage (access to data and proprietary, highly sophisticated models)*. I say this despite most hedge funds performing worse than their respective benchmarks. For most people (even very smart people) it makes a lot of sense to invest in index funds with a reasonable asset allocation (based on desired volatility, tax situation, rebalancing methods etc.).   * The usual example that is cited is RT's  Medallion Fund because it has enjoyed quite dramatic returns. Other groups that have been successful include Citadel and Soros Fund Management."}
{"_id": "437142", "title": "", "text": "given that japan is just about out of savings (due to their policy of QE and stealing wealth from everyone else and giving it to zombie banks for the last 15 years, creating loses in median income, rises energy and food costs and leading to a generation of people whom a signifigant propotion of them will never be employable because there are no jobs because the economy is not growing), pretty soon there is going to come a time when the massively overburdened japanese citizenry cannot afford to buy any more govt debt. when that happens they'll have to get foreign buyers. foreign buyers will laugh at them, and japan's debt market will implode."}
{"_id": "437143", "title": "", "text": "This bit of marketing, like the zero-percent introductory rates some banks offer, is intended to make you more willing to carry a balance, and they're hoping you'll continue that bad habit after the rate goes back up. If you don't think you'll be tempted by the lower rate, yhere's no reason not to accept (unless there's something in the fine print that changes your agreement in other ways; read carefully). But as you say, there's no reason to accept ir either. I'd ignore it."}
{"_id": "437149", "title": "", "text": "\"Collateralized & Secured are interchangeable terms. Note the following two quotes from wikipedia (links below): \"\"A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.\"\" http://en.wikipedia.org/wiki/Secured_loan \"\"In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan.\"\" http://en.wikipedia.org/wiki/Collateral_%28finance%29 This website also uses the terms interchangeably: http://www.wisegeek.org/what-is-a-collateral-loan.htm Loan & Line of Credit are not interchangeable terms.  In a loan, you receive a one time disbursement & repay it over a fixed amortization schedule. (Think home mortgage) In a line of credit, you can pay back & re-borrow from your credit line as often as you need. (Think credit card or Home Equity Line of Credit)\""}
{"_id": "437169", "title": "", "text": "Born in Hong Kong and worked for a Hong Kong bank but still can't speak Mandarin as a middle aged man? Lol, no one to blame but yourself. If you're in a country and they give you a job, and a nice cozy banking one at that, take the time to learn the fucking language."}
{"_id": "437178", "title": "", "text": "\"Says who? Or is this just something you *think* makes sense, because on first glance it does. Many studies show privatizing basic government functions like waste removal, prisons etc. to contractors ends up costing the government more.  Recent study that shows that its more expensive: http://www.nytimes.com/2011/09/13/us/13contractor.html  Specifically on government military private contractors, via this link, bottom of the page: http://www.pbs.org/wgbh/pages/frontline/shows/warriors/contractors/ceff.html  Steven Schooner  Professor, The George Washington University Law School; expert on government contracting  \"\"I don't think there's any question that no one knows whether it's cheaper or not. One of the best studies we've seen on whether outsourcing saves money is the RAND study, which is now a few years old. And what the RAND study says is there's the potential for immense cost-saving in outsourcing. But it hasn't been proven yet.  There's a number of episodic studies since, but there has not been a compelling case made that government outsourcing, particularly this type of outsourcing, saves money.\"\"  Full interview: http://www.pbs.org/wgbh/pages/frontline/shows/warriors/interviews/schooner.html  He makes your point however that the savings is thought to come from savings in paying someone before and keeping them on payroll when we're not in a military activity that requires their services. No pension after, no payroll before. Thus the increase in compensation is a lot higher. However it doesn't mean its conclusive to show that it *does*save money.\""}
{"_id": "437181", "title": "", "text": "\"&gt; However, \"\"bubble\"\" implies an undeserved/irrational increase.  I say that because of the artificially low supply enforced by property owners.  SF is notorious for this.  It's not self regulating when the market cannot respond to demand because of government/city council interference.\""}
{"_id": "437182", "title": "", "text": "We aim to keep 6 months of expenses. The rationale is that its enough time to recover from most serious illnesses (that you can recover from) or a redundancy or pay for a large unexpected problem not covered by the insurance (e.g. the boiler dying). It also gives us enough time to reorganise finances if needed. For example we could get out of contracts (like mobile phones, sky TV), sell the car, and maybe even find a cheaper house if needed in that time. It will take a good chunk of time to build up that amount and it's worth considering how many commitments you have (kids, wife, mortgage, car...) as the fewer you have the less you need. If you have fewer commitments you can be comfortable with much less contingency. When I lived in rented accomodation and didn't run a car or have many possessions, I just maintained enough cash to cover my bills for about 6 weeks, this would give me enough time to find another job, and if I didn't get one I could always crash round a friend's house."}
{"_id": "437188", "title": "", "text": "I'm surprised that [Theranos](https://www.vanityfair.com/news/2017/05/theranos-board-response-deposition-court-documents) isn't at or near the top. It went from $9 billion valuation to more or less worthless, all based on technological claims that never lived up to their claims, and with an all-star Board of Advisors. It's pretty much the definition of a hype bubble with an epic collapse. I suppose it's not as immediate a catastrophic failure as some of the ones on the list, but the size of the failure and collapse dwarfs most of them."}
{"_id": "437193", "title": "", "text": "Net worth in local currency."}
{"_id": "437194", "title": "", "text": "\"Assuming the numbers work out roughly the same (and you can frankly whip up a spreadsheet to prove that out), a defined benefit scheme that pays out an amount equal to an annuitized return from a 401(k) is better.  The reason is not monetary - it is that the same return is being had at less risk. Put another way, if your defined benefit was guaranteed to be $100/month, and your 401(k) had a contribution that eventually gets to a lump sum that, if annuitized for the same life expectancy gave you $100/month, the DB is better because there is less chance that you won't see the money. Or, put even simpler, which is more likely? That New York goes Bankrupt and is relieved of all pension obligations, or, the stock market underperforms expectations.  Neither can be ruled out, but assuming even the same benefit, lower risk is better. Now, the complication in your scenario is that your new job pays better.  As such, it is possible that you might be able to accumulate more savings in your 401(k) than you might in the DB scheme.  Then again, even with the opportunity to do so, there is no guarantee that you will.  As such, even modelling it out really isn't going to dismiss the key variables. As such, can I suggest a different approach?  Which job is going to make you happier now?  Part of that may be money, part of that may be what you are actually doing.  But you should focus on that question. The marginal consideration of retirement is really moot - in theory, an IRA contribution can be made that would equalize your 401(k), negating it from the equation.  Grant you, there is very slightly different tax treatment, and the phaseout limits differ, but at the salary ranges you are looking at, you could, in theory, make decisions that would have the same retirement outcome in any event. The real question is then not, \"\"What is the effect in 20 years?\"\" but rather, which makes you happier now?\""}
{"_id": "437208", "title": "", "text": "Adding on to all the fine answers, you can consider selling a covered call. You will have to own a minimum of 100 shares. It will offer a bit of protection, but limit your upside. If your confident long term, but expect a broader market pull back then a covered call might give you that small protection your looking for."}
{"_id": "437211", "title": "", "text": "Adapt Education is a Registered Training Organisation (RTO# 32452) delivering a range of Certificate III, IV and Diploma qualifications. We are built on the premise of innovative and value-for-money education. Located in Brisbane\u2019s bayside (Wynnum Manly) our external study modes enable us to provide courses to students anywhere in Australia. Adapt is a preferred supplier for the Queensland government and an approved Centrelink provider for all of our Nationally Recognised courses. You can expect first class service and training support from our legendary trainers who are degree qualified and experienced in their fields. We offer Australia\u2019s most flexible student policies and are regularly audited to ensure the quality of our organisation and its courses. Adapt Education offers short courses and qualifications from the following fields: Education support (teacher aide), Outside School Hours Care, Business administration, Leadership and Management, Sport and Recreation, Construction."}
{"_id": "437230", "title": "", "text": "\"&gt;One presidential election is not going to break a business in such a cut-and-dry fashion.  Maybe it's the straw that broke the camel's back. I hate when people use the argument \"\"Oh, this one thing won't or will do whatever,\"\" because it implies that camels have infinitely strong backs.\""}
{"_id": "437285", "title": "", "text": "I thought that was strange too.  BoA is infested with criminals.  They wouldn't know a sustainable business model if it bit them in the ass, and they are losing all of their customers because of it.  As they fall, everyone at the top is going to suck from the company everything that they think they are entitled to, and the expense is going to fall on the shareholders.  Maybe he was predicting a pity purchase, or a bailout, but there is no way that he thought that this was a good long term move.  Very uncharacteristic."}
{"_id": "437286", "title": "", "text": "&gt; But the amatuer quality products have caught up to the point where it can start competing.  This is a very common misconception. Owning a pro camera does not make you a professional photographer in the same way that owning a pipe wrench does not make you a plumber or owning a pencil doesn't make you an artist. It's not the tool, it's the person holding it."}
{"_id": "437299", "title": "", "text": "Well this is weird (although not unexpected). Only major piece of legislation passed so far is sanctions on Russia where Congress went around the president. Now this where Congress goes around the president. I see a pattern developing and I like the pattern. (Also, it must infuriate Emporer Orange and that makes me smile)"}
{"_id": "437306", "title": "", "text": "&gt;This is your government at work; instead of funding treatment programs.  Legalize it, then you can TAX it (and -- to some extent -- control distribution via licensing), instead of pissing away taxes trying to stop it (which just never works... and actually makes trafficking in the shit MORE profitable)."}
{"_id": "437323", "title": "", "text": "Perhaps you have heard of 'The Paris Accord'. No? Shame. The entire rest of the world signed on to it. So, yay 'murica and all but the rest of the world is dropping dollars on that big time.   Norway banned oil heating in all homes and businesses. 100,000 homes and business have 2 years to scrap their oil heating systems. 2 years! Germany completely banned the sale of internal combustion engines by 2030, India 2031, Norway, 2025, china wants 60% of the whole fleet to be electric in cities by 2030. Canada is raising their carbon taxes even higher, BC alone is set to $40mil on public car chargers this year and that is just the public money.   The rest of the world is moving and America is being left behind. 10 gigafactory sized battery plants are currently under construction and battery prices have been dropping by 30% per kwh per year every year. Power storage is expected to be the next semiconductor race for costs.  Like smartphones, this is the next tech boom and reading what is going on the industry right now is staggering. They are ramping up battery production like no time seen in recent history.  Oil prices are as much a function of speculation into the future as right now. The entire industry is slashing investment because they know that in a few short years it will become a shrink industry and that is not good for the bottom line. Saudi Arabia and most oil countries with 'cheap easy oil' are now vested in pumping as much oil as they can in the next decade. Leaders have quoted as saying 'what we don't pump in the next 10-15 years will never be pumped'.  The race is now on to pump cheap oil fast because these guys have driven tesla P85D's and they know what's up. Prices will continue to stay low because they want to crush the competition and be the last to sell oil. Holding on to their vast reserves is now bad for business where as before it was waiting for higher prices when you close the tap."}
{"_id": "437327", "title": "", "text": "To be honest, wall street survivor is good but when it comes to learning the stock markets from Europe, Beat wall street is the game to be playing. You can try it out for your self here on http://beatwallstreet.equitygameonline.com/ It is easy to use and there are monthly prizes available to winners, such as Ipads, Iphones and students who play it the game can win internships at top investment banks and brokers"}
{"_id": "437331", "title": "", "text": "You would find each chef, food maker and restaurant being a master of own where they bring Michelin-starred chefs from all over the world to produce a kind of food that makes locals, visitors and traveler forget the money they spent on Dubai Travel Packages."}
{"_id": "437336", "title": "", "text": "And besides a personal attack, to the points I made, do you have anything to say?  My usual conclusion when I get a personal attack with no substance is that the other side has no counter claims and no clue what they are talking about."}
{"_id": "437346", "title": "", "text": "Manufacturer of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php Shri Vinayak Industries is enlisted as leading manufacturer, supplier and exporter of a wide range of talc powder and it is the widely used chemical substance generally known as Talcum Powder. We are a quality-centric industry where our eventual objective remains to procure international benchmark in terms of quality product. Our primer International clients are to Vietnam, South Korea, UAE, Malaysia, Taiwan, Thailand, Saudi Arabia, and Indonesia."}
{"_id": "437365", "title": "", "text": "Are you searching for your Mr Right? Then get in touch with us here at Ditch or Date Ltd! We have dating events UK that you can attend and enjoy. You can wear anything you\u2019re confident and comfortable with, or a smart casual attire when attending the event. To know how to register for our events, you can visit our website at https://www.ditchordate.com/."}
{"_id": "437373", "title": "", "text": "Here is a simple answer: Most merchants do not charge customers, but you can."}
{"_id": "437380", "title": "", "text": "Sorry for the late reply. Nonetheless the Dow has the same pros as any other index but what sticks out to me is that all of the stocks are extremely popular with private investors. In my experience it helps to compare stock development of competitors in terms of popularity."}
{"_id": "437383", "title": "", "text": "You clearly are not paying attention to what Walmart is doing and how smart they are doing it. They have an insane amount of stores and network far beyond Amazon for shipping/receiving and a far more dedicated customer base. They are also diving into areas that make middle class Americans love the fuck out of them. There stock price is where it should be unlike Amazons insanely inflated price. The best part is they are doing it even more intelligently than Amazon who is putting far to many hands in the cookie Jar. Their spending power and market cap can easily match Amazon if not exceed it. They are also not trying to squash out the middle man they are building UP the middle man. Also, if you think Walmart has no manufacturing you need to educate your self heavily on what they are doing here in the states.  EDIT:I'll clarify...I in now way like Amazon or Walmart as a company past financial gains. I think they are both cunts of company's that could and should treat their employees better and I wish they would."}
{"_id": "437392", "title": "", "text": "\"To add to Jason's answer; a further mechanism is that of monopoly rents which you mention in your question.  Movie theatres are often in shopping complexes (which themselves may offer a particular cinema exclusivity), or physically remote from each other, making price comparison more difficult.  Different companies may not offer the same movies (similar to the way phone companies offer difficult-to-compare contract pricing). Once you've paid for your movie ticket, if you're suddenly thirsty or peckish, the theatre is the only place selling snacks.  Many theatres (including film theatres) discourage (or refuse) patrons from consuming products purchased elsewhere on site. A sense of \"\"capture\"\" is reinforced with ticket collection at the entrance or some form of barrier (inside vs outside the cordon). A theatre can thus capture their patrons and then leverage that access in order to discriminate amongst the higher-paying consumers mentioned by Jason.\""}
{"_id": "437402", "title": "", "text": "\"BestInvest is a UK site looking at that URL, base on the \"\"co.uk\"\" ending. Yahoo! Finance that you use is a US-based site unless you add something else to the URL. UK & Ireland Yahoo! Finance is different from where you were as there is something to be said for where are you looking. If I was looking for a quarter dollar there are Canadian and American coins that meet this so there is something to be said for a higher level of categorization being done. \"\"EUN.L\"\" would likely denote the \"\"London\"\" exchange as tickers are exchange-specific you do realize, right?\""}
{"_id": "437403", "title": "", "text": "Sure, having great customer support is good... but so is having great products, great prices, etc.  At the end of the day a company still needs to figure out how to balance time &amp; money spent across engineering, support, marketing, sales, manufacturing...  Frankly, having the CEO do windows support for customers is rarely going to be a winning strategy."}
{"_id": "437405", "title": "", "text": "Your friend would have only been liable for a tax penalty if he withdrew more 529 money than he reported for qualified expenses.   That said, if he took the distribution in his name, it triggers a 1099-Q report to the IRS in his name rather than his beneficiaries.  This will likely be flagged by the IRS, since it looks like he withdrew the money, but didn't pay taxes and penalties on it, not the beneficiary.  In other words, qualified education expenses only apply to the beneficiary, not the plan owner/contributor.  In this case, the IRS would request additional documentation to show that the expenses were indeed qualified.   To avoid this hassle, it's easiest to make sure the distribution is payed directly to the beneficiary rather than yourself.  Once he or she has the check, then have them sign the check over to you or transfer it into your account.  Otherwise you trigger an IRS 1099-Q in your name rather than your beneficiary."}
{"_id": "437409", "title": "", "text": "\"There are three aspects of what to value gold over. It doesn't easily chemically react with anything, so it stays pure over a long period of time (vs, say a bar of iron or a bar of butter).  So it's valuable so far as it doesn't rot. It is shiny, and there is the historical allure of having a bag of shiny, jingly gold coins. Other people will give you other items of perceived value in exchange for it. I believe it was Warren Buffett who stated his opinion on gold - paraphrased such: \"\"You pay people to dig it out of the ground, you pay people to purify it and pour into forms, you pay people to verify the number of nine's purity in it, you pay people to build a secure building to store it in, and you pay people to stand around and guard it.  Where is the value in that?\"\"\""}
{"_id": "437422", "title": "", "text": "While I think that electric cars are the future I also think it will not be Telsa making the money. Once all the big players with their massive production capacity are fully in the market, I think Tesla will be blown away.   Edit: Typo 2nd edit: I am short Tesla"}
{"_id": "437424", "title": "", "text": "\"&gt; Do you know why it's so popular? I thought other trucks are pretty good too.   Well, for starters because FORD (the company) is considered a more solid brand/firm -- the two chief competitors (Chevy/GMC &amp; Chrysler/Dodge) are considered by some (many actually) to have \"\"soiled\"\" themselves in the financial crash of 2008-2009.    I know many previously \"\"loyal\"\" GM fans who swore after it became \"\"Government Motors\"\" that they would never buy another GM... and the vast majority of them switched over to Ford.  And Chrysler -- having gone through various owners -- is likewise looked at somewhat dubiously by many.  You have to keep in mind that business owners are (generally) not just thinking of a singular vehicle purchase, but of a series of such purchases (often over years and decades), as well as the supply of parts, the availability &amp; consistency of service &amp; support (whether internal in company \"\"shops\"\" or at dealers) and so on... anything &amp; everything that brings those things into the \"\"question mark\"\" territory, tends to reduce confidence, and thus shift the focus onto other brands that seem to be more \"\"stable\"\".  &gt;You're right that they get burned out quickly, although I'd think there'd be a longevity version of trucks by now.   That would be part of the reputation of the F series, and especially the F150... it is widely considered to be one of the BEST (longest lasting, least problematic) vehicles made.  &gt;aren't toyota trucks very long living?  Yes and yet no.  The history/reputation has been a bit more \"\"spotty\"\" than with Ford.  The same is true of Dodge, GMC and the other brands.  Certainly there will be people who think/believe/state otherwise -- I myself own a Dodge that I am generally VERY happy with, and I know others who have Chevy/GMC and other brands and are likewise quite happy with them -- but over the years, Ford has undisputably built up a solid reputation with it's truck line.\""}
{"_id": "437427", "title": "", "text": "\"There is no zero risk option! There is no safe parking zone for turbulent times! There is no such thing as a zero-risk investment.  You would do well to get this out of your head now.  Cash, though it will retain its principle over time, will always be subject to inflation risk (assuming a positive-inflation environment which, historically in the US anyway, has always been the case since the Great Depression). But I couldn't find a \"\"Pure Cash - No investment option\"\" - what I mean by this is an option where my money is kept idle without investing in any kind of financial instrument (stocks, bonds, other MFs, currencies, forex etc etc whatever).  Getting back to the real crux of your question, several other answers have already highlighted that you're looking for a money market fund.  These will likely be as close to cash as you will get in a retirement account for the reasons listed in @KentA's answer. Investing in short-term notes would also be another relatively low-risk alternative to a money market fund.  Again, this is low-risk, not no-risk. I wanted such kinda option because things may turn bad and I may want nothing invested in the stock markets/bond markets. I was thinking that if the market turns bear then I would move everything to cash Unless you have a the innate ability to perfectly time the market, you are better off keeping your investments where they are and riding out the bear market.  Cash does not generate dividends - most funds in a retirement account do.  Sure, you may have a paper loss of principle in a bear market, but this will go away once the market turns bull again.  Assuming you have a fairly long time before you retire, this should not concern you in the slightest. Again, I want to stress that market timing does not work.  Even the professionals, who get paid the big bucks to do this, on average, get it right as often as they get it wrong.  If you had this ability, you would not be asking financial questions on Stack Exchange, I can tell you that. I would recommend you read The Four Pillars of Investing, by William Bernstein.  He has a very no-nonsense approach to investing and retirement that would serve you (or anybody) well in turbulent financial markets.  His discussion on risk is especially applicable to your situation.\""}
{"_id": "437436", "title": "", "text": "Limit orders are generally safer than market orders. Market orders take whatever most-favorable price is being offered. This can be especially dangerous in highly volatile stocks which have a significant spread between the bid and ask. That being said, you want to be very careful that you enter the price you intend into a limit order. It is better to be a bit slower at entering your orders than it is to make a terrible mistake like the one you mention in your question."}
{"_id": "437439", "title": "", "text": "Try and bring with you a folder full of evidence about your skills and accomplishments, many of the top blue chip companies do what's called evidence-based interviewing and it means you provide evidence to back up your assertions about how great you are. So for example, the interviewer asks how you get on with your colleagues and you provide an email thanking you for being a great team player, or they ask you about research and you show them a piece of research you did. Of course this is harder when you go for your first job, but bring what you can. As an alternative and/or alongside this you can use stories (as someone else said) as a kind of evidence if you don't have any physical evidence. Your story should show systematically how you handled a situation to get a good outcome.  If they are a very conservative company they will want you to show that although you can kind of think outside the box, you are not prone to emotional reactions or knee-jerk responses and everything you do is carefully thought out and wouldn't bring them into disrepute if it got covered on the front page of a newspaper.  Good luck."}
{"_id": "437441", "title": "", "text": "BlackHatGold is a forum for most webmasters and internet marketing experts know and follow all the latest Search Engine Optimization (SEO) techniques on the internet at BHG. Some of the topics discussed on BHG include but are not restricted to: If you want to know about black hat SEO, visit the blackhatseo forum."}
{"_id": "437450", "title": "", "text": "I'm pretty sure employees were instructed to give loans to people who they knew would not be able to pay it back. [This](http://thinkprogress.org/economy/2011/12/01/379332/former-banker-subprime-pushed/) (about chase rather than BoA but still relevant) is just from a quick search but the key phrase is predatory lending. So they give out all these loans they knew were at risk and then packaged them up in investments that looked good from the outside but were rotten within. So from what I gather they basically double fucked both people who shouldn't have taken a loan, and then people who invested in whatever investment packages they were selling.   Now you know more about the technicalities of all this than I do, so let me ask. What is it that they *did* do that was unscrupulous?"}
{"_id": "437453", "title": "", "text": "Being from the UK, I'd not heard of a Roth IRA, but it sounds very similar to our own ISA (Individual Savings Account).  Having just looked it up, I couldn't believe the annual limit was so low: $5500!  Still, you have to work within your jurisdiction's legal framework (or agitate for change?). I would definitely agree with Ben Miller's answer: you need different savings buckets for the different savings objectives you'll have throughout the different periods of your life.  I, for instance, am now a parent of two young children.  I am fortunate to be able to provide for them on multiple levels: I hope that's of some help."}
{"_id": "437465", "title": "", "text": "Yahoo provides dividend data from their Historical Prices section, and selecting Dividends Only, along with the dates you wish to return data for. Here is an example of BHP's dividends dating back to 1998. Further, you can download directly to *.csv format if you wish: http://real-chart.finance.yahoo.com/table.csv?s=BHP.AX&a=00&b=29&c=1988&d=06&e=6&f=2015&g=v&ignore=.csv"}
{"_id": "437483", "title": "", "text": "I worked for a major shoe retailer's e-commerce division.  Our return rate on shoes was nearly 70%. Shoe manufacturers do not size consistently, at almost any price point. Customers had no idea what their size was and would often order a size up and a size down, 3 pairs of shoes, and return all three.  They were unable to measure their feet, because there are really no standard measurements for feet.  We thought about a 3D scanner from feet, but customers would have to come into the store for that, then we'd have to scan every shoe.  Shoes can be high margin, but they are extremely expensive to sell online. There really is no silver bullet here - Foot Locker has nice stores and a great selection. They are cash positive and EBITDA profitable.  If AMZN cuts into any body's shoe business, my guess would be Walmart, Target, or TJMaxx.   IMO the biggest threat to Footlocker is just general death of the mall...but whatever model replaces malls could just as well have a FL.   I think the market has dramatically overreacted - this isn't sears. It's a profitable business that's missed earnings a couple quarters. I bought in and I am long."}
{"_id": "437492", "title": "", "text": "Vacuum pumps are the most credible part of any vacuum system and for safe and efficient operation, the right vacuum traps and filters should be installed on the inlet and outlet of the vacuum pump. Proper maintenance of filters and traps can improve the life of the vacuum pump and minimize harmful emissions into the environment."}
{"_id": "437508", "title": "", "text": "If he replaced 'our world' with 'I' the quote would make more sense. There are definitely many people who are still driven by logic and reasoning but they just don't need to spew it out their assholes all over social media to make a safe space."}
{"_id": "437528", "title": "", "text": "Ok, let me break it down for you. If you post a comment saying something was terrible you better have factual evidence. Hence why that fool got the comment he did because he failed to back up his argument? Savvy?"}
{"_id": "437538", "title": "", "text": "\"100% debt free is an objective. Being there is good, but as long as you have a plan to get there, are sticking to it and it's moving you towards it at a reasonable rate (e.g. \"\"I will be debt free by the end of 2011.\"\"), you should be in good shape. It's when you don't ever expect to be debt free that you have a problem. Going into debt is one question and a very situation dependent one. Getting back out is another and a very easy one: pay off all debts as a fast as you reasonably can, starting with the highest interest ones. OTOH this doesn't imply that you should forgo every optional expense (including things like savings and entertainment) to pay off debts, that would be unreasonable, but just that paying down debts should always be considered when thinking about what to do with money.\""}
{"_id": "437574", "title": "", "text": "I believe that your son will need to get a new loan for the car in his name only and use the proceeds of that loan to pay off the one you co-signed on.  The only way that will happen is if he can find a lender willing to loan him the money based on his credit only. From the current lender's perspective, if your son isn't a good credit risk, then why would they let someone out of the loan who might be able to pay if your son defaults?  If he is a good credit risk, then they, or someone else, should be willing to lend to him without you as co-signer. Also, as Dilip Sarwate mentioned, you might have to do something with the title, depending on whose name it is in."}
{"_id": "437584", "title": "", "text": "There's no law that prohibits a US citizen or US LPR from holding an account abroad, at least in a country that's not subject to some sort of embargo, so I don't see how it could affect your wife's chances of getting US citizenship when she's eligible. As mentioned by other posters, you'll have to file FBAR if the money you have in all your accounts abroad exceeds $10k at any point of the year and if the account pays any interest, you'll have to tell the IRS about the interest paid and (if applicable) taxes you paid on the interest income abroad."}
{"_id": "437610", "title": "", "text": "\"So what is preventing people from racking up as much credit card debt as possible in cash advances or consumer goods or whatnot, and then walking away from it?  Then rinse and repeat once the debt is \"\"gone forever\"\"?  It seems too good to be true - either there's something missing there, or people would be getting tens of thousands of dollars for free every half decade...\""}
{"_id": "437614", "title": "", "text": "Yes - it's called the rate of inflation. The rate of return over the rate of inflation is called the real rate of return.   So if a currency experiences a 2% rate of inflation, and your investment makes a 3% rate of return, your real rate of return is only 1%. One problem is that inflation is always backwards-looking, while investment returns are always forward-looking. There are ways to calculate an expected rate of inflation from foreign exchange futures and other market instruments, though. That said, when comparing investments, typically all investments are in the same currency, so the effect of inflation is the same, and inflation makes  no difference in a comparative analysis.  When comparing investments in different currencies, then the rate of inflation may become important."}
{"_id": "437628", "title": "", "text": "&gt; I didn't imply anything except what I said. It's not time now, it was time a long time ago.  Then you are explicitly saying it is to late. Which means the implication deduced earlier was correct. So, shut up."}
{"_id": "437630", "title": "", "text": "The typical process is to look at the savings and see how many months it will take to break even on the closing costs. Since you've stated there are no costs, even 1/8% drop in rates is going to save you money. A savings of over 1.5% even on a sub 100K loan is nothing to ignore. You first year interest savings will exceed $1200. How many hours does it take you to earn that much money? (this is a rhetorical question, if that wasn't obvious)"}
{"_id": "437640", "title": "", "text": "Agreed.  But this isn't the fault of business.  You could argue that entrepreneurs are failing to some extent in figuring out how to take advantage of an overly-abundant but still somewhat valuable resource (low skilled labor).  However, with complex work rules, and laws that make it illegal to offer workers wages commensurate to their skill level, I think it the problem of unemployment is can be more correctly blamed on government.  Lack of education/skill translates to lower wages.  Having an artificial cut-off, making it illegal to hire low-skilled workers makes increased unemployment of low skilled workers inevitable."}
{"_id": "437642", "title": "", "text": "That's a loaded question.  Economists can't even agree on an answer from a purely economic point of view.  I will say this...  I think that many people who are advocating radical cutbacks in spending (Republicans and Tea Partiers) are deluding themselves in two important ways:  1) That it's possible to balance the budget without raising revenues.  I don't think very many economists agree with this premise.  Even Paul Ryan's plan to balance the budget, should one take a hard look at the number, clearly show how impossible it is.  There would either have to be tax hikes **OR** we slash the military to a fraction of its size now **AND** leave no money for pretty much anything else (like roads, highways, air traffic control, food safety inspections, education, farm subsidies, oil subsidies, etc.).  2) More importantly, I think there is an implicit and fundamental belief among right-wingers that the world will somehow stop what it's doing while the US balances its budget.  The belief goes that, once we are fiscally healthy, we will remain a superpower and ruling the world like we have for 100 years.  This is fundamentally wrong.  I think most people, even Tea Partiers, fail to appreciate how fundamentally important America's debt has been to our history.  We have essentially borrowed our way into power.  Should the right win the day and put in place radical cuts in spending, America's economic, political, diplomatic, cultural, and military influence around the world will be among to go.  The dollar will nosedive and so will our standards of living.  Our GDP will not be able to support a a political economy that can maintain superpower status.  Now, I do not mean to say that I do not agree with the right.  From a purely economic point of view, they may very well be right.  I'm not even sure there is an option.  In fact, a part of me is ready to accept America becoming what France and the UK are now, still having relatively good standards of living but nowhere near the height of their historical powers.  Maybe the world will be better for it.  I just don't think Tea Partiers appreciate the ultimate result of what they want to see happen."}
{"_id": "437659", "title": "", "text": "This isn't totally wrong- there are hedge funds that are long 150% of AUM and short 50%. However, Rentech has said that holding a position for 8 seconds is long for them, so that's not what they're doing. I'd assume the 4X leverage most just refers to option positions that have delta 4 on average. They also may be borrowing money, which they can probably do extremely cheaply since they have a 35 year track record showing they're essentially risk-free."}
{"_id": "437663", "title": "", "text": "&gt;If I have a 200-300 mile range EV, then the only time I ever have to worry about the inconvenience of charging up is on a cross country trip.  For the other 50 weeks of the year, I don't require the convenience of a gas station, other than to buy beer.   As long as you plan ahead... a lot of people like the feeling of security they get knowing they can pop into a nearby gas station on a whim &amp; get max range in a few minutes. Until they can do this with EVs, it will be a significant disadvantage in their eyes over gas-powered."}
{"_id": "437682", "title": "", "text": "If #2 is how it really worked I would approve.  In the real world, entities who have the money to purchase access have systems which are in a position to execute strategies which shave pennies of of people who want to make real trades. I want to sell for $61.15 and someone wants to buy for $61.10 and the HFT traders force both hands and make their money on that nickel in between us."}
{"_id": "437702", "title": "", "text": "FYI: David Knopf is a graduate of Princeton with a BA in Econ. His parents are rich. Like totally fucking rich. You might do better. If your parents make less than $140k, tuition at Princeton is zero. Of course your chance of getting into Princeton, unless you are a legacy admission, or ace the SAT, is about zero. Better bone up on Algebra if you want to ace the SAT. And yes, you ARE a math person. Everyone is. It's just that nobody ever taught you right.  Forget about the CCNA or CCNP, that stuff will be obsolete before you would finish learning it. And even if you did, some H-1 visa immigrant will do the job for a quarter of what it would cost you to make a living.  I completely sympathize with your situation. I'm not going to pour out my life story, but I always thought I'd be a multimillionaire by the time I was 30. Instead, I have made choices that took a troublesome path, including depression and poverty. Even today I am suffering from choices I made (or avoided making) decades ago. BUT I am suffering only by OTHER people's standards. I don't regret the choices I made. I turned down fast money I could have made by exploiting people, it would have only cost me my soul. I have been exploited by other people, and it taught me the value of dealing with people who have ethics like my own. So ultimately, you have to admit to yourself, you are exactly where you need to be. You are struggling because what you want to do is hard. I am an artist too, and that is just about the hardest thing to do on this earth. If it was easy, anyone could do it. So don't despair, get busy. I remember when I lived in a slum, barely subsisting, but I had a sunny window and a table, I spent $2 on a cheap brush and a tube of black watercolor, and a $2 tablet of cheap watercolor paper. And I sat at that sunny table and made art that made me happy. Nobody but me has ever seen it. And for all the changes I have gone through in decades since, I would give almost anything to be living in abject poverty, sitting at that sunny window with that cheap paintbrush in hand again. [So I'll just leave you with this odd comic by Carol Lay, it's one of my all time favorites.](http://i.imgur.com/4XsDbnE.gif)"}
{"_id": "437706", "title": "", "text": "Your comment regarding your existing finances is very relevant and helpful. You need to understand that generally in personal finance circles, when a strong earning 22 year-old is looking for a loan it's usually a gross spending problem.   Their car costs $1,000 /month and their bar tabs are adding up so the only logical thing to do is get a loan.  Most 22-year-olds don't have a mortgage soaking up their income, or a newborn.   With all of this in mind I essentially agree with DStanley and, personally, and many people here would probably disagree, I'd stop the 401(K) contribution and use that money to pay the debt.  You're still very young from a retirement standpoint, let the current balance ride and forego the match until the debt is paid.  I think this is more about being debt free at 22 quickly than it's about how much marginal money could be saved via 401(k) or personal loan or this strategy or that strategy.  I think at your age, you'll benefit greatly from simply being debt free. There are other very good answers on this site and other places regarding the pitfalls of a 401(k) loan.  The most serious of which is that you have an extremely limited time to pay the entire loan upon leaving the company.  Failure to repay in that situation incurs tax liability and penalties.   From my quick math, assuming your contribution is 8% of $70,000 /year, you're contributing something in the neighborhood of $460/month to your 401(k).  If you stopped contributing you'd probably take home a high $300 number net of taxes.  It'll take around 20 months to pay the loan off using this contribution money without considering your existing payments, in total you're probably looking at closer to 15 months.  You'll give up something in the neighborhood of $3,500 in match funds over the repayment time.   But again, you're 22, you'll resume your contributions at 24; still WAY ahead of most people from a retirement savings standpoint.  I don't think my first retirement dollar was contributed until I was about 29.  Sure, retirement savings is important, but if you've already started at age 22 you're probably going to end up way ahead of most either way.  When you're 60 you're probably not going to bemoan giving up a few grand of employer match in your 20s. That's what I would do. Edit: I actually like stannius's suggestion in the comments below.  IF there's enough vested in your plan that is also available for withdrawal that you could just scoop $6,500 out of your 401(k) net of the 10% penalty and federal and state taxes (which would be on the full amount) to pay the debt, I'd consider that instead of stopping the prospective contributions.  That way you could continue your contributions and receive the match contributions on a prospective basis.  I doubt this is a legitimate option because it's very common for employers to restrict or forbid withdrawal of employee and/or employer contributions made during your employment, but it would be worth looking in to."}
{"_id": "437709", "title": "", "text": "Well from that perspective nothing is legal.  The legal team we had were not stupid.  They put it right in the job description that they had to be Christians because there is a solid history of similar cases that the employers have won.  This is the only way in which the company would have been this brazen.  They put a big bulls eye on themselves by doing this and no one has sued because other lawyers also know the case history.  Unfortunately I do not know the case history as I'm not a lawyer."}
{"_id": "437719", "title": "", "text": "yeah no worries, it's tough right, because uber provides an incredibly valuable service, but i'm amazed at how they're able to get away with not vetting their drivers, but at the same time that sort of lack of regulation is what allowed them to expand so rapidly and provide a (usually good) service. Austin TX banned uber and drunk driving rates went up - (https://fee.org/articles/without-uber-or-lyft-austin-experiences-skyrocketing-dui-rates/)  Clearly this needs to be worked out, and it's been pretty clear that the management at uber has been incapable of making mature decisions in a lot of areas, but it's also a positive disrupter because it allows a lot of people who are between jobs or out of work to be able to continue to bring in an income without being beholden to the cab companies that hold the medallions and charge the drivers for use of the cars and licensing.  I don't know the answer, I think that by providing the matchmaking service there is a level of accountability that is required for uber's vetting of drivers that hasn't yet been reached, but at the same time I think that the primary burden of liability should fall on the drivers themselves unless there's a reorganization and the drivers become employees instead of contractors."}
{"_id": "437733", "title": "", "text": "It can be. The problem is that the poor performers either are good at playing the game, or are yes-men to the idea of all of the layers of bureaucracy. Some corporations have high levels of backstabbing and the backstabbers don't like it when you risk messing up their cushy desk jobs that pay $20+/hr"}
{"_id": "437738", "title": "", "text": "Yep, IMO level 1 is vastly underrated.  At 8 amps, I can charge at about 3mph.  At 12 amps it's about 4.5mph.  If I can plug my car at work into a plain old 15 amp outlet for 8 hours, I'll add between 24 and 36 miles of range to my battery.  For most people, that's more than their one way drive into work.  So if I leave my house with a full charge, I'll leave work with a full charge too.  The primary advantage is that it doesn't cost much to install a couple dozen electrical outlets in a parking lot.  BYO charge cable.  I travel frequently, and I would love to see more outlets in hotel parking lots and parking garages."}
{"_id": "437777", "title": "", "text": "Personally, I have entry and exit signal generating functions, which also have sizing, stop and target functions...  E.g. based on some entry you have an optimal bet, take profit and stop loss.  Algorithmic execution is generally used for large orders to prevent walking the book."}
{"_id": "437778", "title": "", "text": "The issue is online stores driving prices down and that drives down revenue and more importantly profit.  The most effective way to cut costs is to cut wages and that leaves uneducated and under-qualified employees at a retail establishment.   The business model simply cannot be sustained.   Walmart has it right.  Leave everything to the consumer to decide and neglect to give them assistance.  Until a sales associate earns more than their wage in profit, they are losing the company money (assuming their only job is to sell).  Electronics sales has very little profit outside of the extra items such as cables, cases, protection plans, etc. So they really have to be a professional sales associate to be valuable.  Professionals cost money and become the managers (or more) which brings us back to the uneducated and under-qualified associates that walk the floors."}
{"_id": "437796", "title": "", "text": "Cute conspiratorial story.  A cabal of evil grocery store owners set up a sprawling and risky supply chain overseas so they can pay more for their products for the express purpose of paying their employees market wages for their labor?  Grocery store workers are not underpaid.  If they were, they could walk across the street and make more money at a competitor.  So if the profit margins are fat on the supplier side, somehow competition would come in there either?  You can't have it both ways.  The vast majority of food products sold in grocery stores in North America are grown, manufactured and sold right here in North America.  There's no way to explain it away - the grocery store market is viciously competitive and profit margins are slim."}
{"_id": "437799", "title": "", "text": "Are you serious?   Voting for more social services for poor people hurts those with money by either raising their tax burden and/or reducing government expenditures that would have otherwise directly benefited them.   By giving blacks the vote, the white population's votes by definition carry less weight. Thus they've hurt their own ability to influence government.  I hope you can see the list goes on."}
{"_id": "437803", "title": "", "text": "WP7 was indeed a totally new OS. There is nothing it has in common with the desktop Win7. In Win8 they're trying to merge desktop and mobile, but WP8 will still be an entirely new interface for most users.   &gt; You want you OS to feel familiar and comfy, not different on every device.   From a consumer's point of view, that's perfectly true. One of the biggest frustrations with Android is the lack of updates. However, from the manufacturer's point of view a platform-wide homogenous experience is a bad thing. How can a Samsung differentiate itself from an HTC if not for the UX? Hardware quality does play a role but it isn't as in-your-face and easily sellable as the UX. This is one reason why manufacturers other than Nokia aren't pushing WP7 as aggressively as they push Android.  MSFT is betting the company on the Win8/WP8/Metro combination, and I agree that this combination can be lethal to competitors. But the only way they can do it is by going vertical and manufacturing their own devices."}
{"_id": "437820", "title": "", "text": "Wages were not what did Circuit City in that is a very bold assumption. I would say the saturation of the electronics market and the failing (at the time) carmax was the beginning of the end. Not to mention the failed Canada expansion project."}
{"_id": "437823", "title": "", "text": "\"I think that \"\"better\"\" is up to a discussion, but the difference is that while in trust you can control the money after your death in some way - giving it directly to children means you have no such control. I.e.: in trust you can stipulate that the children will be able to spend the money under certain terms or in certain ways (for example - for college, only after getting married, no more than 10% of the value a year, etc), giving their names as the beneficiaries means that they get the money and can do with it whatever they please. BTW: \"\"Minor\"\" has nothing to do with it. They don't have to be minors, or your children at all.\""}
{"_id": "437834", "title": "", "text": "Shit happens, even to the most senior in their field. It was not intentional nor malicious, so, no problem for the client. Don't make it a bigger deal than it really is and don't beat yourself up. We're all human."}
{"_id": "437871", "title": "", "text": "If it's not the classic scam described in Daniel Anderson's answer, then it's probably money laundering. In that case, the woman would actually wire you money, which you have to wire to someone else she names. This is done to enter illegally gained money into the regular money circulation, hiding the trail. If this is the case, you would have to do many transfers, and the woman might actually pay you for performing this service. And then, one day, when the FBI/police busts some people and follows the illegal money trail they'll end up at your dad. Or rather, at you, because the account is in your name. And then you'll have a lot of explaining to do and a lot of time in jail to think about what a bad idea this was. See this question for an example of this. This answer also touches on the subject. Close the account, and run away from this. No good will come of it. It's very simple: if someone you don't know (or sometimes, you do know) contacts you and offers you easy money, they are getting something out of it at your expense. Period. It might be a scam where they somehow end up with the money, or you might be doing something illegal for them, but it always benefits them, not you. As a final thought, you also write: I had to get the bank account in my name because my dad has bad notices on his records for falling for fraud traps ... What makes you think this time it will be different? Think carefully, because the bank account is in your name! So when the shit hits the fan, it's you who's in trouble."}
{"_id": "437875", "title": "", "text": "An index fund is inherently diversified across its index -- no one stock will either make or break the results. In that case it's a matter of picking the index(es) you want to put the money into. ETFs do permit smaller initial purchases, which would let you do a reasonable mix of sectors. (That seems to be the one advantage of ETFs over traditional funds...?)"}
{"_id": "437877", "title": "", "text": "\"There is no simple rule like \"\"you can/can't spend more/less than $X per person.\"\" Instead there is a reasonableness test. There is such a thing as an audit of just your travel and entertainment expenses - I know because I've had one for my Ontario corporation. I've deducted company Christmas parties, and going-away dinners for departing employees, without incident. (You know, I presume, about only deducting half of certain expenses?) If the reason for the entertainment is to acquire or keep either employees or clients, there shouldn't be a problem.  Things are slightly trickier with very small companies. Microsoft can send an entire team to Hawaii, with their families, as a reward at the end of a tough project, and deduct it. You probably can't send yourself as a similar reward. If your party is strictly for your neighbours, personal friends, and close family, with no clients, potential clients, employees, potential employees, suppliers, or potential suppliers in attendance, then no, don't deduct it. If you imagine yourself telling an auditor why you threw the party and why the business funded it, you'll know whether it's ok to do it or not.\""}
{"_id": "437879", "title": "", "text": "\"First, I would recommend getting rid of this ridiculous debt, or remember this day and this answer, \"\"you will be living this way for many years to come and maybe worse, no/not enough retirement\"\".  Hold off on any retirement savings right now so that the money can be used to crush this debt. Without knowing all of your specifics (health insurance deductions, etc.) and without any retirement contribution, given $190,000 you should probably be taking home around $12,000 per month total.  Assuming a $2,000 mortgage payment (30 year term), that is $10,000 left per month.  If you were serious about paying this off, you could easily live off of $3,000 per month (probably less) and have $7,000 left to throw at the student loan debt.  This assumes that you haven't financed automobiles, especially expensive ones or have other significant debt payments. That's around 3 years until the entire $300,000 is paid! I have personally used and endorse the snowball method (pay off smallest to largest regardless of interest rate), though I did adjust it slightly to pay off some debts first that had a very high monthly payment so that I would then have this large payment to throw at the next debt. After the debt is gone, you now have the extra $7,000 per month (probably more if you get raises, bonuses etc.) to enjoy and start saving for retirement and kid's college.  You may have 20-25 years to save for retirement; at $4,000 per month that's $1 million in just savings, not including the growth (with moderate growth this could easily double or more).  You'll also have about 14 years to save for college for this one kid; at $1,500 per month that's $250,000 (not including investment growth). This is probably overkill for one kid, so adjust accordingly. Then there's at least $1,500 per month left to pay off the mortgage in less than half the time of the original term! So in this scenario, conservatively you might have: Obviously I don't know your financials or circumstances, so build a good budget and play with the numbers.  If you sacrifice for a short time you'll be way better off, trust me from experience. As a side note:  Assuming the loan debt is 50/50 you and your husband, you made a good investment and he made a poor one.  Unless he is a public defender or charity attorney, why is he making $60,000 when you are both attorneys and both have huge student loan debt?  If it were me, I would consider a job change.  At least until the debt was cleaned up.  If he can make $100,000 to $130,000 or more, then your debt may be gone in under 2 years!  Then he can go back to the charity gig.\""}
{"_id": "437880", "title": "", "text": "Digital is the buzz word everywhere and to keep pace with the changing trends, the business world has to become digital in every way. SMO Companies India is a premier digital marketing agency which recognizes the requirements of the clients and worked towards the development of strategies for them which can yield positive results. One such very effective medium to reach the target audience is through the Facebook Advertising plans in India. The professionals in the company are experienced techies who can offer remarkable solutions to connect with the target audience and promote the goods or services among them to generate profits. http://smocompaniesindia.com/facebook-marketing-plan.html"}
{"_id": "437882", "title": "", "text": "I think moreso that advertisers want to be the one that stands out, and as soon as one cranks up the volume they all feel they have to follow suit.  I don't know if studies say a louder commercial gets more attention."}
{"_id": "437896", "title": "", "text": "Sure, they put millions into developing it, but how much value would you assign information passed between two parties if no money changed hands afterwards? How would you concretely define the transaction in court? Especially since the substance of the information itself is completely unverified!  &gt; That is uncertain.  All of these allegations are uncertain! There's no evidence, (edit) no (\\edit) concrete foundation to any of it. He spent 20 minutes in a room with a Russian.  &gt; He did demonstrate an intent to get that thing  What he demonstrated was the desire of any campaign employee, to gather opposition research.  What concrete value does a piece of information have, however potentially damaging, if it goes unused?  Between the gathering of the information and its use, there is an approval process that must be undergone to determine whether the information should be used passed. What evidence do you have that information was passed, that it cleared Trumps desk, and was used?   For that matter, what evidence exists that Don Jr isn't telling the truth about what was discussed? That the lawyer did want to speak only about adoption law? She was an assistant DA for crying out loud. High government secrets are simply not within her scope.  The media has had a continuous stream of consciousness about Trump from the start. First he's a robber barron, then he's a baffoon, then he's a racist, next he's a tyrant, then he's a spy, now he's a racist again. Their story's changed so many times it's impossible to keep proper track."}
{"_id": "437898", "title": "", "text": "Anecdotal evidence, but my company is trying to fill four electronic assembly positions in North East Ohio. We are literally in the backyard of Delphi and GM. We are paying 18-25 dollars an hour with only minimal experience required, full benefits, full time with overtime available.  We cannot fill them, plenty of interviews, plenty of people we make contingent offers to, but they all no show or fail the pee test. Its insanity."}
{"_id": "437901", "title": "", "text": "\"Most of what other ppl are suggesting can be be filed under \"\"be a good employee\"\" which it sounds like you already kind of are as a waitress which is why he asked you to interview with him.  Things that are maybe more specific to the finance world that can help you out would be more helpful for you. A huge thing I've seen that assistants can do that can be very helpful is to help their boss catch things they may otherwise be too busy to catch themselves. If you can save your boss an hour or two and get him the information he needs to make a more informed decision yourself you will find yourself an invaluable member of the team.  Maybe you can suggest the following plan in the interview:  - See if you can figure out what types of investments they make and what they specialize in (PM me if you want don't want to share the company name here and I can maybe help you figure that part out) - Set up Google Alerts for anything and everything that might be of interest to the firm. Maybe he invests in certain industry verticals and needs to follow all the trends in that industry very closely. Maybe he handles a specific customer and needs to know anything that might affect their positions in the market. You won't really know any of these details before you get the job but asking the right questions in the interview can show that you are taking an initiative. - Spend an hour or two in the morning (before markets open preferably) preparing a \"\"Things to Watch\"\" memo based on his meetings for the day, funds/companies he might be investing in, or general macrofinance trends that he will need to watch out for potentially. This should include things like earnings calls coming up, news announcements, changes in important market indicators, or new reports from market movers (like [Bridgewater's Daily Observations](https://www.bridgewater.com/research-library/daily-observations/)). The goal is to make it so he doesn't have to spend too much time researching these things himself but obviously if he wants to he will have to read up on it himself - you should just give him the \"\"big picture thesis\"\" of what's going on and he can take it from there. - Talk a lot about optimization. My personal goal for myself is to take everything I spend any amount of time on and automate it by one order of magnitude. If something takes me 2 days to do, it should only take me 2 hours. If something takes me 2 hours, it should only take me 2 minutes. That way my work gets easier over time and lets me focus on new things that I haven't figured out yet. If you talk about that in the interview I'm sure he'd love to have you help him make his life easier!\""}
{"_id": "437902", "title": "", "text": "Your question contains two different concepts: fractional reserve banking and debt-based money.  When thinking of these two things I think it is important to analyze these items separately before trying to understand how the whole system works. Fractional Reserve Banking As others have pointed out fractional reserve banking is not a ponzi scheme.  It can be fraudulent, however.  If a bank tells all its depositors that they can withdrawal their money at any time (i.e. on demand) and the bank then proceeds to loan out some portion of the depositors' money then the bank has committed fraud since there is no way they could honor the depositors' requests for their money if many of them came for their money at one time.  This is true regardless of what type of money is deposited - dollars, gold, etc..  This is how most modern banks operate. Debt-based money Historically, the Fed would introduce new money by buying US Treasuries.  This means Federal Reserve Notes (FRN) are backed by US Treasuries.  I agree that this seems strange.  Does this mean if I take my FRNs to the Fed I could redeem them for US Treasuries?  But US Treasuries are promises to pay FRNs in the future.  This makes my head hurt.  Reminds me of the definition for recursion: see recursion. Here is an experiment.  What if we wanted to recreate FRNs today and none existed?  The US government would offer a note to pay 100 FRNs in one year and pay 5% interest on the note.  The Fed would print up its first 100 FRNs to buy the note from the US government.  The US government would spend the FRNs.  The first 100 FRNs have now entered into circulation.  At the end of the note's term the Fed should have 105 FRNs since the government agreed to pay 5% interest on the note.  But how is the US government going to pay the interest and principal on the note when only 100 FRNs exist?  I think this is the central point to your question.   I can come up with only two answers: 1) the Fed must purchase some assets that are not debt based 2) the US government must continue to issue debt that is purchased by newly printed FRNs in order to pay back older debt and interest.  This is a ponzi scheme. The record debt levels seem to indicate the ponzi scheme option was chosen."}
{"_id": "437907", "title": "", "text": "The dividend tax credit is not applicable to foreign dividend income, so you would be taxed fully on every dollar of that income. When you sell a stock, there will be a capital gain or capital loss depending on if it gained or lost value, after accounting for the Adjusted Cost Base. You only pay income tax on half of the amount earned through capital gains, and if you have losses, you can use them to offset other investments that had capital gains (or carry forward to offset gains in the future).  The dividends from US stocks are subject to a 15% withholding tax that gets paid to the IRS automatically when the dividends are issued. If the stocks are held in an RRSP, they are exempt from the withholding tax. If held in a non-registered account, you can be reimbursed for the tax by claiming the foreign tax credit that you linked to. If held in a TFSA or RESP, the withholding tax cannot be recovered. Also, if you are not directly holding the stocks, and instead buy a mutual fund or ETF that directly holds the stocks, then the RRSP exemption no longer applies, but the foreign tax credit is still claimable for a non-registered account. If the mutual fund or ETF does not directly hold stocks, and instead holds one or more ETFs, there is no way to recover the withholding tax in any type of account."}
{"_id": "437937", "title": "", "text": "\"I think a lot of this goes to the short-sightedness of the government that was in place at the time of the first default. They caused it, and their attempt at cleaning things up just kicked the can down the road. If they would have added in a \"\"class action\"\" clause that most bonds now have, what they settled with a majority would apply to all bond-holders.   What they did was the opposite: added in a clause in which the low-water mark was set by the deal that was least favourable for them. It was probably a misguided attempt at assuaging the markets with the consequences we now see...\""}
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{"_id": "437954", "title": "", "text": "Also - the more credit facilities you have, the risikier you get. Say Company A lends you $8.000 for a down-payment - let's say you then go out and max out your other 100k facilities - you now have debt of 108k. What guarantee does the Company A have of repayment? Fewer credit facilities = better chance of getting a new loan."}
{"_id": "437955", "title": "", "text": "\"Realistically, fair is whatever you all mutually agree upon. Some people can do means based splits, some people can't. My recommendation is to split things evenly, based on actual used space or usage. Do you have a 2BR with similarly sized rooms? Break it up by room, so in this case your GF and you pay 50% and the other person pays 50%. Maybe there's a garage or one BR is bigger. I've seen splits not 50-50 based on these factors. You may consider paying a third all around for rent but I would try to avoid solutions that are not usage based. If you don't and try for a \"\"means\"\" based split, best case scenario is nothing really is different. But the worst case scenario is setting yourself up to be taken advantage of - because you are effectively subsidizing other people, this often changes relationships. Not always, but often. Frankly, the best option here is to find a place that is more affordable for everyone. Trying to make it so that your GF and roommate are not going to be in a difficult financial place by living with you, it resolves all the problems here.\""}
{"_id": "437969", "title": "", "text": "With the help of Turnaround Consulting Service in London, a business can grow from the failures and start a fresh in the successful direction. Such businesses are offered striking services to overcome the unwanted situations that may be stressful for a business. The professionals detect the faulty features of a company and offer the right tips and guidance to make them strong and more powerful in running a business with a reputation and courage."}
{"_id": "437972", "title": "", "text": "&gt; Perhaps Western Europe should take responsibility for the shit they started in the first place when they proposed that trade pact with the Ukraine.  I saw one (1) Reuters article where they sort of admitted that they sort of messed up and that's the last thing I saw of it. I should have bookmarked that as articles covering that are as scarce as hen's teeth."}
{"_id": "437973", "title": "", "text": "Hi LY,  It's really great you are doing this and I hope some of the suggestions help you.   When I was in wonderful Angkor Wat a few things struck me as very helpful   1. Make your Tuk Tuk recognizable and write you name somewhere, this way when I go out of a temple you will be easy to spot  2. You seem to speak English well this is an important aspect your customers will really appreciate  3. From what I've seen the methods for getting customers for your Tuk Tuk in Siem Reap is as follows: Get them when they get off the bus and drive them to the hotel, then try to tell them to invite you back the next day for taking them to Angkor Wat. I am sure this works but since everybody are doing it I imagine it's the hardest way for customer acquisition. You can distinguish yourself from the other drivers by:   a. Making sure you show the customers you have excellent English and you can share you knowledge with them   b. Sell western style, kind of less pushy, smile at a potential customer when they see you they will smile back. Talk to them in your normal voice volume this will make them come closer since they want to hear what a nice smiling guy like is saying.  Then explain their options for visiting the temples.    4. Make deals with hotels and hostels. People trust the receptionists at their hotel more than street Tuk Tuks. It is highly likely they will ask the reception for the best way to get to Angkor Wat and you should be the one they recommend. Try getting on as many lists as possible and high up that list as possible.   5. Having cold water, wet wipes and other commodities are nice ideas but I am not sure this will what get people IN your Tuk Tuk. It will only make them more satisfied once they are inside. It might be to hard and expensive to keep them ice cold but you can suggest travelers to stop at a kiosk where they can but some supplies before the trip. Or make a deal with a kiosk and before you exit Siem Reap stop there and give them a fresh water bottle from the fridge.  Most importantly don't spend money on stuff like mufflers and curtains before you are sure they are money makers. I am pretty sure 99% of customers will not notice they extended mufflers. They take fresh air for granted.    I hope you found this helpful and please feel free to message me.  Hope to see you soon!"}
{"_id": "437987", "title": "", "text": "Sounds like he's just had the theory playing in his head since someone told him they did that instead of just purchasing it and going in to payments.  Perhaps I need to sit down and calculate it for my clueless self."}
{"_id": "437994", "title": "", "text": "If anyone offers you guaranteed better than average returns, run. They are either lying to you or to themselves. (Claiming that they will try to beat the market is more credible, but that becomes a matter of whether there is any reason to believe that they'll succeed.) If anyone sends you an unsolicited stock tip, run. They wouldn't be doing so if it wasn't an attempt to manipulate you or the market or both. Most likely its a pump-and-dump attempt."}
{"_id": "437995", "title": "", "text": "Yeah that is definitely the venue. I worked for a concert promoter that used Ticketfly. Unless they've completely changed their fee structure over the past year and a half a $20 ticket would have roughly a $5 service fee. The only reason I could think of it being that high is it being a big venue and their facility fee being high"}
{"_id": "438000", "title": "", "text": "Phone conversations are useless if the company is uncooperative, you must take it into the written word so it can be documented.  Sent them certified letters and keep copies of everything you send and any written responses from the company.  This is how you will get actual action."}
{"_id": "438032", "title": "", "text": "They could if they wanted. It's of course illegal to do if you didn't authorize it, and to process credit cards, they need to have a relationship with a credit card processing company, which is not so easy to fake - not any Joe could do that using a fake ID. Note that you are protected through your credit card company; if you tell them it's an unauthorized charge, they'll return it to you without discussion. It is then the vendor's duty to prove that it was authorized, and if he cannot, he'll pay extra fees to the processing company. Overall, the risk is very small; it shouldn't be your worry."}
{"_id": "438038", "title": "", "text": "\"You don't want to do that. DON'T LIE TO THE IRS!!! We live overseas as well and have researched this extensively. You cannot make $50k overseas and then say you only made $45k to put $5k into retirement.  I have heard from some accountants and tax attorneys who interpret the law as saying that the IRS considers Foreign Earned Income as NOT being compensation when computing IRA contribution limits, regardless of whether or not you exclude it. Publication 590-A What is Compensation (scroll down a little to the \"\"What Is Not Compensation\"\" section). Those professionals say that any amounts you CAN exclude, not just ones you actually do exclude. Then there are others that say the 'can' is not implied. So be careful trying to use any foreign-earned income to qualify for retirement contributions. I haven't ran across anyone yet who has gotten caught doing it and paid the price, but that doesn't mean they aren't out there. AN ALTERNATIVE IN CERTAIN CASES: There are two things you can do that we have found to have some sort of taxable income that is preferably not foreign so that you can contribute to a retirement account. We do this by using capital gains from investments as income. Since our AGI is always zero, we pay no short or long term capital gains taxes (as long as we keep short term capital gains lower than $45k)  Another way to contribute to a Roth IRA when you have no income is to do an IRA Rollover. Of course, you need money in a tax-deferred account to do this, but this is how it works: I always recommend those who have tax-deferred IRA's and no AGI due to the FEIE to roll over as much as they can every year to a Roth IRA. That really is tax free money. The only tax you'll pay on that money is sales tax when you SPEND IT!! =)\""}
{"_id": "438054", "title": "", "text": "Your insight front the meeting is interesting. It's a single data point but likely representative.  The hive clearly find your post self engrandizing and down votes ensue.   While I enjoy stories of companies self emulating, the successful pivots are my favorite"}
{"_id": "438069", "title": "", "text": "Can you give more detail on the problem? If you can model it with a one step binomial tree, then the price is favourable as long as the chance to multiply is P(S^1 = 10 S^0 ) &gt; 0.1.  If you don't know the probabilities, then the usual go-to is to determine what probability space is that would lead to an expected profit (plus an error, and a cushion for risk aversion if the bet is sufficiently large)."}
{"_id": "438073", "title": "", "text": "\"Condensed to the essence: if you can reliably get more income from investing the cost of the house than the mortgage is costing you, this is the safest leveraged investment you'll ever make. There's some risk, of course, but there is risk in any financial decision. Taking the mortgage also leaves you with far greater flexibility than if you become \"\"house- rich but cash-poor\"\". (Note that you probably shouldn't be buying at all if you may need geographic flexibility in the next five years or so; that's another part of the liquidity issue.) Also, it doesn't have to be either/or. I borrowed half and paid the rest in cash, though I could have taken either extreme, because that was the balance of certainty vs.risk that I was comfortable with. I also took a shorter mortgage than I might have, again trading off risk and return; I decided I would rather have the house paid off at about the same time that I retire.\""}
{"_id": "438074", "title": "", "text": "At The Keck Group, INC., we offer a wide range of church pew cushions that are of superior quality.  Open to the idea of customization, we can assure to serve up the specific needs in the best possible way.  Available in different colors, our pew cushion offerings can add a great fervor to the church interiors."}
{"_id": "438080", "title": "", "text": "You can buy DIY will kits from office supply shopes like Staples or specialized publishers like Nolo or Quicken. The most important factor for you to consider will be the witness rules in your state to ensure the validity of your will later. Nolo has a lot of good information in this regard. Hopefully this is helpful :)"}
{"_id": "438103", "title": "", "text": "\"The statement can be true, but isn't a general rule. Crashes and recessions are two different things. A crash is when the market rapidly revalues something when prices are out of equilibrium, whether it be stocks, a commodity or even a service.  When the internet was new, nobody knew how to design webpages, so web page designers were in huge demand and commanded insane price premiums. I literally had college classmates billing real companies $200+/hr for marginal web skills. Eventually, the market \"\"clued up\"\" and that industry collapsed overnight. Another example of a crash from the supply point of view was the discovery of silver in the western US during the 19th century -- these discoveries increased the supply of the commodity to the point that silver coin eroded in value and devastated small family farms, who mostly dealt in silver currency. Recessions are often linked to crashes, but you don't need a crash to have a recession. Basically, during a recession, trade and industrial activity drop. The economy operates in cycles, and the euphoria and over-optimistic projections of a growing or booming economy lead to periods of reduced growth where the economy essentially reorganizes itself. Capital is a (if not the) key element of the economic cycle -- it's a catalyst that makes things happen. Debt is one form of capital -- it's not good, not bad. Generally cheap capital (ie. low interest rates) bring economic growth. Why? If I can borrow at 4%, I can then perform some sort of economic activity (bake bread, make computers, assemble cars, etc) that will earn myself 6, 8 or 10% on the dollar. When interest rates go up, economic activity slows, because the higher cost of credit increases the risk of losing money on an investment. The downside of cheap capital is that risk taking gets too easy and you can run into situations like the $2M ranch houses in California. The downside of expensive/tight capital is that it gets harder for businesses to operate and economic activity slows down. The effects of either extreme cascade and snowball.\""}
{"_id": "438106", "title": "", "text": "\"I am not referring to grafting... grafting does not even modify genes in any way, all it does is make a single-use plant that has two different fruits growing on it.   I am referring to human-guided pollination and human-guided hybridization to encourage selective traits, something that botanists and farmers have been doing for thousands of years, long before genes were even known to exist.   Every single apple commercially sold is a result of human-guided evolution, there are no \"\"virgin varieties\"\" anymore and haven't been for hundreds of years. The same is true of bananas and cotton and many other cash crops.   The difference between human-guided evolution thousands of years ago is not safety - any single plant hybrid created by traditional means could just as easily be the \"\"apocalypse crop\"\" as one created with modern gene manipulation methods. In fact, modern gene manipulation methods are FAR SAFER as one can computer model the expected outcome of what is going to happen, instead of simply crossing your fingers and hoping for the best.      And part of participating in organic food production is a discontinuation of petrochemical fertilizer. Yes, we use vast amounts of petroleum product to fertilize farmland. If you want to reduce our reliance on fossil fuels, organic production is part of that.   Actually studies show that the incredibly reduced yields and efficiencies resulting from organic farming INCREASE the carbon footprint of organic crops, and that organic is actually the most environmentally un-friendly way to farm... so you're dead wrong. http://appliedmythology.blogspot.ca/2013/04/six-reasons-organic-is-not-most.html\""}
{"_id": "438112", "title": "", "text": "You may have to ask each tenant to provide copies of bank statements or copied of deposited checks indicating what was paid, to whom and when. Using a spreadsheet is a good idea. It doesn't have to be complicated. If everyone co-operates then this exercise might not be too much of a hassle. But if anyone is combative or unwilling to produce these records, I would recommend reminding them that their other choice is to take each other to court where these records would be required anyway - or face eviction if the landlord doesn't get paid."}
{"_id": "438119", "title": "", "text": "Unless your investments are held within a special tax-free account, then every sale transaction is a taxable event, meaning a gain or loss (capital gain/loss or income gain/loss, depending on various circumstances) is calculated at that moment in time. Gains may also accrue on unrealized amounts at year-end, for specific items [in general in the US, gains do not accrue at year-end for most things]. Moving cash that you have received from selling investments, from your brokerage account to your checking account, has no impact from a tax perspective."}
{"_id": "438121", "title": "", "text": "\"During GM's Chapter 11 reorganization in 2009, a new company was formed, with new stock.  The old General Motors Corporation was renamed to \"\"Motors Liquidation Company,\"\" and the new company was named \"\"General Motors Company.\"\"  The new company purchased some of the assets from the old company, and the old company was left to sell off the remaining assets and settle the debts. None of the stock transferred from the old company to the new one; if you were a GM stockholder of the old company and didn't sell, it is now worthless. When the new company formed, the stock was not traded publicly.  The company was primarily owned by the United States and Canadian governments; together, they owned 72.5%.  In 2010, GM had an IPO, and the US government sold most of their stake.  By the end of 2013, the US government sold the remaining stake; the government no longer has any ownership in GM. When we talk about voting rights for stockholders, we are mainly talking about voting for the members of the board of directors.  And yes, the government did indeed have a hand in selecting the board of the new company.  The Treasury Department selected 10 members of the board, and the Canadian government selected 1 member.  There were 19 board members total. (Source) Unlike some companies, there are not \"\"voting\"\" and \"\"non-voting\"\" classes of GM stock.  All the shares sold by the US government are voting shares. Additional Sources:\""}
{"_id": "438125", "title": "", "text": "It's three and four times what it was just a few years ago.  That spike has regularly been blamed on refining capacity.  There is a disconnect.  Also, you cannot compare with the rest of the world unless you're going to break down cost, taxes, etc."}
{"_id": "438138", "title": "", "text": "Ebates is great for getting a little extra discount once you find what you are looking for.  You can usually get about 2%-4% off from places like Dell, Staples, Home Depot, etc. What I do is do my research/shopping first and then add the item to the cart, then head over to Ebates and click through back to the store I was just on, and then purchase the item.  Ebates will track the purchase and send you a check about once every 3 months.  It is not much and not reflected in the price immediately but still it is a savings of some sort."}
{"_id": "438140", "title": "", "text": "I\u2019ve explained a lot of shit to you, and you don\u2019t want to understand it because it hurts your worldview.  I\u2019ve given you a shitload of data to go off.  You can even look at pew world surveys and Trump approval globally.   http://www.pewglobal.org/2017/06/26/u-s-image-suffers-as-publics-around-world-question-trumps-leadership/  How do you think those opinions impact people choice of where they want to go for vacation.  I don\u2019t want to go to Russia, North Korea or Venezuela, because of their political situation.  It\u2019s a similar case for people who might\u2019ve come here, but won\u2019t because of things like the travel ban.    25% of our tourists come from Mexico alone every year.  Do you think they want to come to Trumpland?      You have to connect the dots.  I told you I\u2019m not going to hold your hand.  I\u2019ve done enough.  If you don\u2019t understand this shit, then stop voting for people like Trump and remove yourself from our political situation because you\u2019re clearly unqualified to make an educated decision"}
{"_id": "438148", "title": "", "text": "If I recall correctly, the pay schedule is such that you initially pay mostly interest.  As James Roth suggests, look at the terms of the loan, specifically the payment schedule.  It should detail how much is being applied to interest and how much to the actual balance."}
{"_id": "438149", "title": "", "text": "Will I have to pay Income Tax/Capital Gain Tax in India for the full amount or 50% of the amount. Assuming you were the owner of the plot, you have to pay capital gains tax on the full amount. Current at 10% without indexation and 20% with indexation. Rest of amount will be used to purchase property in India. If you are re-investing the money into capital assets, you are not liable to pay Capital Gains for the amount invested. This is applicable only for first 2 houses. Consult a CA. What is the procedure to transferring the money to him. What declaration in have to give to the Bank (any Forms to fill) Under the liberalized remittance scheme you can transfer upto USD 1 Million per year. A CA certificate is required declaring the purpose and giving certificate that taxes are paid. Please contact your Bank or CA to guide further."}
{"_id": "438158", "title": "", "text": "Simply NO, you can NOT be put in prison for unpaid debt in America!! However, if you commit a crime to earn wealth, you can be put in prison for that."}
{"_id": "438190", "title": "", "text": "When a delisting happens, the primary process involves, the firm or the entity, trying to buy everyone out so that they can take the firm private by delisting from the stock exchanges. As the firm wants to buy everyone out, the current owners of the equity have the upper hand. They wouldn't want to sell if they believe the firm has a brighter future. So to compensate the existing holders, the buyer needs to compensate the current holders of any future loss, so they pay a premium to buy them out. Hence the prices offered will be more than the current existing price. And in anticipation of a premium the stocks price rises on this speculation. The other scenario is if the current holder(s) decide no to sell their holdings and are small in number, dependent on exchange regulations, and the buyer manages to de-list the stock, the holders might loose out i.e. they have to find another buyer who wants to buy which becomes difficult as the liquidity for the stock is very minimal. if any stock is DE-listed and then we can not trade on it,  In India if the promoters capital is more than 90%, he can get the stock de-listed. There is a process, he has to make an open offer at specified price to minority shareholders. The minority shareholder can refuse to sell. Once the stock is de-listed, it means it cannot be traded on a given exchange. However you can still sell / buy by directly finding a buyer / seller and it's difficult compared to a listed stock."}
{"_id": "438199", "title": "", "text": "&gt;We are the second most charitable country on the planet (source: world giving index), if Granny can't find support, she isn't really looking.  Americans donated $212 billion to charity, sure, but the total Medicaid budget was $553 billion in 2016. The amount of support charity can provide just isn't as great as the amount public assistance can provide, and how could it? You will always get more money out of people when you point a gun at them than when you ask nicely.   &gt;The support is there for those genuinely in need.  I like how your assertion has a built-in way to move the goal posts. If she can't get support, then it *must* be because she didn't *genuinely* need help.   &gt;And, the money goes further because it doesn't have to pay bureaucrat salaries.  Do you not know how charities work?   They have bureaucrats too, and they don't work for free."}
{"_id": "438217", "title": "", "text": "I am; I bought the house as a preforeclosure (short sell) at 120000; 100% financed with a USDA loan and lived there for about 5 years before my wife and I took a job in Birmingham.  With a 30 yr fixed rate... 119000 is about as low as I can go before I would have to come out of pocket at closing to get the lien released... and the problem is there's nothing left in my pockets.."}
{"_id": "438225", "title": "", "text": "It's a drive by swipe at technicals, which is fine and all, but I always thought technicals effectively provide odds of an event happening. For example, $XYZ price is a support level, therefore there are increased odds it will bounce higher from these levels, rather than an implied *guarantee* the support will hold."}
{"_id": "438243", "title": "", "text": "There are many family owned companies in the United States that have taken up strategies to remain private and remain profitable. There are now [numerous graduate level courses in business designed exclusively for family (private) businesses](http://www.google.com/search?client=safari&amp;rls=en&amp;q=family+business+curriculum&amp;ie=UTF-8&amp;oe=UTF-8).   The private business has big advantages in today's world because it does not have to focus on quarterly reports and because it does not have to fear raiders if it has a lot of cash."}
{"_id": "438247", "title": "", "text": "I don't really see this mentioned by anyone, but mobility is also a big factor. There are a lot of people who no longer live anywhere near where they grew up or where their parents or extended family live now. Great solid furniture (or anything 2+ states away from your home) is expensive to move. My parents may have a great desk that I'd love to have someday - but probably not if it means I have to arrange to ship it from Arizona to Chicago and wonder if it's still going to be so great after the stresses of moving. I still have some of the things they left behind when they moved like the head and foot boards for my childhood bed - taking up space in the garage, maybe to be useful if having kids had been part of my lot in life. As it is, they'll end up in the trash when I get around to cleaning the garage or move.   A lot of the place in the world for family heirlooms went the way of the family homestead."}
{"_id": "438279", "title": "", "text": "http://www.reddit.com/r/investing/comments/2d15nj/everything_is_on_the_table_property_businesses/cjl7nxp  &gt;Not to brag, but I started with 12k a year ago and I plan on having 1M by next year... I think it's entirely possible with smart trades and a lotttttt of self-education. I made the majority of it on penny stocks so far, but have recently switched primarily to options plays and have had some very bad luck, but mostly good fortune. So, in that vein, in your hypothetical situation, I would pay myself to educate myself and then trade for the 1M and keep all the fees that would be paid to someone for everything that was done.. Then I would take the remainder of the 10 years off and travel around the world :)   RachelTrades,  You are walking into a buzzsaw.  You do not understand the risks you are taking, and your gambles will inevitably result in you losing nearly everything.  Do yourself a favor and discuss your investing process with a professional.  Describe your trades and how you evaluate your positions with this individual and try and hear them when they tell you how badly you are setting yourself up for ruin.  I realize that you have no reason to listen to a random person on the internet, but I hope that you are able to take a moment of honest reflection and save yourself"}
{"_id": "438284", "title": "", "text": "First:  great job on getting it together.  This is good for your family in any respect I can think of.  This is a life long process and skill, but it will pay off for you and yours if you work on it. Your problem is that you don't seem to know where you money goes.  You can't decide how whacky your expenses are until you know what they are.  Looking at just your committed expenses and ignore the other stuff might be the problem here.  You state that you feel you live modestly, but you need to be able to measure it completely to decide. I would suggest an online tool like mint.com (if you can get it in your country) because it will go back for 90 days and get transactions for you.  If you primarily work in cash, this isn't helpful, but based on your credit card debt I am hoping not.  (Although, a cash lifestyle would be good if you tend to overspend.) Take the time and sort your transactions into categories.  Don't setup a budget, just sort them out.  I like to limit the number of categories for clarity sake, especially to start. Don't get too crazy, and don't get too detailed at first.  If you buy a magazine at the grocery store, just call it groceries. Once you know what you spend, then you can setup a budget for the categories.  If somethings are important, create new categories.  If one category is a problem, then break it down and find the specific issue. The key is that you budget not be more than you earn but also representative of what you spend. Follow up with mint every other day or every weekend so the categorization is a quick and easy process.  Put it on your iPhone and do it at every lunch break.  Share the information with your spouse and talk about it often."}
{"_id": "438287", "title": "", "text": "\"See this question regarding the relationship between a HDHP (High Deductible Health Plan) and an HSA (Health Savings Account). In brief, to qualify for an HSA you must have a HDHP: HDHPs are plans with a minimum deductible of $1,200 for self-only coverage and $2,400 for self-and-family coverage. The maximum amount out-of-pocket limit for HDHPs is $5,950 for self-only coverage and $11,900 for self-and-family coverage. As mentioned by Stainsor, your insurance can either come from your employer, or it can be an individually purchased plan. The HSA can be bundled as part of a package with the insurance, or it can be an account you set up separately. Contributions you make to the HSA are tax deductible. You'll report the amount you contributed when you file your taxes the following year. E.g. in April 2012 you'll report (and deduct) the amount of HSA contributions you made for tax year 2011. I'm not sure what kind of trouble you'll get into if you have an HSA without having a qualified HDHP. To answer the main part of your question: Different HSAs may have slightly different features, but I've typically seen them provide the following ways to withdraw funds: Via a debit card issued with the account. You can use the debit card to pay for things like drugs at the pharmacy, or at a doctors' office that requires payment at the time of service. Via online bill pay. You can use this to pay bills from hospitals, doctors' offices, or other healthcare service providers that send you bills. Via paper checks. For doctors' offices that require payment at time of service but don't accept plastic. (Or if you prefer not to use online bill pay.) Via withdrawal at a teller window or ATM. You can use this to \"\"reimburse yourself\"\" for healthcare expenses that you paid out of pocket. The issue of documenting legitimate expenses and/or qualifying for the account with an HDHP is between you and the IRS. The bank at which your HSA is kept doesn't really care whether you comply with the tax laws.\""}
{"_id": "438293", "title": "", "text": "The Gold View thu\u1ed9c chu\u1ed7i b\u00e1n chung c\u01b0 TP HCM n\u1eb1m t\u1ea1i m\u1eb7t ti\u1ec1n s\u1ed1 346 B\u1ebfn V\u00e2n \u0110\u1ed3n, Ph\u01b0\u1eddng 1, Qu\u1eadn 4, TP HCM v\u1edbi h\u01b0\u1edbng nh\u00ecn v\u1ec1 Qu\u1eadn 1 v\u00e0 d\u00f2ng s\u00f4ng B\u1ebfn Ngh\u00e9. K\u1ebft n\u1ed1i giao th\u00f4ng thu\u1eadn ti\u1ec7n qua c\u00e1c qu\u1eadn trung t\u00e2m th\u00e0nh ph\u1ed1."}
{"_id": "438294", "title": "", "text": "Not all debt is bad. If it carries a reasonable interest rate, you don't need to clear it immediately. As for investing in an index fund, they're an affordable, easy way to spread your money over various assets. However, asset allocation is just one of many investment strategies. Ideally, you want to invest according to your goals, tax situation, and risk tolerance. You want a portfolio that dynamically allocates to various investment strategies, both beta and alpha, according to changing market conditions. Most importantly, you want systematic risk management for every aspect of your investments."}
{"_id": "438302", "title": "", "text": "\"Although this has been touched upon in comments, I think the following line from the currently accepted answer shows the biggest issue: There is a clear difference between investing and gambling. The reality is that the difference isn't that clear at all. Tens of comments have been written arguing in both directions and looking around the internet entire essays have been written arguing both positions. The underlying emotion that seems to shape this discussion primarily is whether investing (especially in the stock market) is a form of gambling. People who do invest in this way tend to get relatively emotional whenever someone argues that this is a form of gambling, as gambling is considered a negative thing. The simple reality of human communication is that words can be ambiguous, and the way investors will use the words 'investments' and 'gambles' will differ from the way it is used by gamblers, and once again different from the way it's commonly used. What I definitely think is made clear by all the different discussions however is that there is no single distinctive trait that allows us to differentiate investing and gambling. The result of this is that when you take dictionary definitions for both terms you will likely end up including lottery tickets as a valid form of investment.  That still however leaves us with a situation where we have two terms - with a strong overlap - which have a distinctive meaning in communication and the original question whether buying lottery tickets is an investment. Over on investorguide.com there is an absolutely amazing strongly recommended essay which explores countless of different traits in search of a difference between investing and gambling, and they came up with the following two definitions: Investing: \"\"Any activity in which money is put at risk for the purpose of making a profit, and which is characterized by some or most of the following (in approximately descending order of importance): sufficient research has been conducted; the odds are favorable; the behavior is risk-averse; a systematic approach is being taken; emotions such as greed and fear play no role; the activity is ongoing and done as part of a long-term plan; the activity is not motivated solely by entertainment or compulsion; ownership of something tangible is involved; a net positive economic effect results.\"\" Gambling: \"\"Any activity in which money is put at risk for the purpose of making a profit, and which is characterized by some or most of the following (in approximately descending order of importance): little or no research has been conducted; the odds are unfavorable; the behavior is risk-seeking; an unsystematic approach is being taken; emotions such as greed and fear play a role; the activity is a discrete event or series of discrete events not done as part of a long-term plan; the activity is significantly motivated by entertainment or compulsion; ownership of something tangible is not involved; no net economic effect results.\"\" The very interesting thing about those definitions is that they capture very well the way those terms are used by most people, and they even acknowledge that a lot of 'investors' are gambling, and that a few gamblers are 'investing' (read the essay for more on that). And this fits well with the way those two concepts are understood by the public. So in those definitions normally buying a lottery ticket would indeed not be an investment, but if we take for example Vadim's operation example If you have $1000 and need $2000 by next week or else you can't have an operation and you will die (and you can't find anyone to give you a loan). Your optimal strategy is to gamble your $1000, at the best odds you can get, with a possible outcome of $2000. So even if you only have a 1/3 chance of winning and getting that operation, it's still the right bet if you can't find a better one. this can suddenly change the perception and turn 'gambling' into 'high-risk investing'.\""}
{"_id": "438311", "title": "", "text": "if it was not China, then India, Brazil, South Africa, or Russia... the companies want lower taxes and wages, and will go where these are, in Brazil where I live there is a Shenzhen and Hong Kong equivalent(Polo de manaus), but never boomed because China had even lower wages and taxes, if the taxes were lower maybe the factories would come back but I doubt.  simplify the law and the taxes  would be enough of a change for a start. each day america looks closer to Brazil's 16 metric tons of taxes law and 69% corporate taxes"}
{"_id": "438317", "title": "", "text": "From the message you report, it sounds like you are trying to sell the same shares twice, you have two open sell orders for the same shares. Either you have accidentally entered two sell orders, or the web site is having a technical problem. I'm not a customer of Fidelity so I can't say what their web site looks like, but there should be some screen that shows your open orders. If looking there doesn't resolve the issue, call customer service."}
{"_id": "438326", "title": "", "text": "Mines 3 years old, aside from 1 memory hungry game where it still mostly plays well but sometimes stutters on, it's all a-okay.  Updates and all.  Probably will keep it 1 more year as a game isn't worth upgrading a phone over.  Might switch if the competition is good, I do hate lightning jack with a passion though."}
{"_id": "438334", "title": "", "text": "I'll still only probably buy in stores. Who wants to keep sending shit back? Even within the same brand you have two shirts/shorts/shoes/jeans that are pretty much the same but different sizes.   Puma is great at having similar style shoes that are the same size but one will run big or small. Its ridiculous. They don't even bother to tell you on their site a shoe runs big or small.   With clothes, you want it to look good on you even though it fits. I try on a bunch of shirts and pants and might buy 1 or 2 of each. I would need to order and return a ton of clothes if I were to buy online. I still do with some things like gym shorts, underwear, etc... but not with everything."}
{"_id": "438342", "title": "", "text": "\"&gt;[**\"\"Anyone, anyone\"\" teacher from Ferris Bueller's Day Off [1:16]**](http://youtu.be/uhiCFdWeQfA)  &gt;&gt;Ben Stein as Uber Dork economics teacher in \"\"Ferris Bueller's Day Off\"\" 1986. True in teen comedies, true in real schools and universities to this day.. Sad but Hilarious  &gt; [*^pmw8000*](https://www.youtube.com/channel/UCKShr_bETNgL03liDIw4PkA) ^in ^Comedy  &gt;*^1,362,826 ^views ^since ^Dec ^2011*  [^bot ^info](/r/youtubefactsbot/wiki/index)\""}
{"_id": "438349", "title": "", "text": "Ignoring the wildly unreasonable goal, I'll answer just the Headline question asked. It's possible to choose dividend paying stocks so that you receive a dividend check each month. Dividends are typically paid quarterly, so 3 stocks chosen by quality first, but also for their dividend date will do this. To get $2000/mo or $24,000/yr would only take an investment of $600,000 in stocks that are yielding a 4% dividend."}
{"_id": "438351", "title": "", "text": "I think the big problem with unions is that their original reason for existence is obsolete.  They existed to ensure safe working environments, fair pay and job security.  In today's world, all of those things are law.  At some point, unions became political machines whose goal it is to take membership dues and use that money to get their candidates elected.  Once elected, these union-friendly politicians use their power to give unfair advantages to union members which ends up costing tax payers.  Contracts are awarded unfairly, job sites are forced to higher x number of union employees and people are forced to join and pay dues, just to get a certain job.  This is especially true in the public sector."}
{"_id": "438360", "title": "", "text": "Yes, I'd rather spend a little more money to sustain something that doesn't work while we figure out how to replace it than cut the cord and literally put the lives at millions at risk? Do you not value human life?"}
{"_id": "438392", "title": "", "text": "The question isn't sales but profits. Banks traditionally profit by making loans. Just as with a physical product, there are costs involved, income produced, and the difference between the two is gross profit. From there you can get net profit, and from there you can look at efficiency or profit per share or whatever other metric floats your boat. Or you can just  buy index funds, get average rates of return, and not have to think about it."}
{"_id": "438400", "title": "", "text": "Most larger corporations need to focus on the bottom line to appease their current and prospective investors. It can actually be quite the vicious cycle, and why people would be better off as a whole if we had more mom and pop stores."}
{"_id": "438403", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.swissinfo.ch/eng/private-bankers_patience-wearing-thin-for-negative-interest-rates/43174886) reduced by 77%. (I'm a bot) ***** &gt; Negative interest rates are the bane of the financial sector - and the longer they remain, the louder bankers cry foul.  &gt; He noted that &amp;quot;The voices criticising negative interest rates have become louder and more numerous. We no longer feel alone.&amp;quot; He added that he hoped future conditions might allow &amp;quot;Our central bank to loosen its stranglehold&amp;quot; on interest rates.  &gt; The Private Banking Day organisers even invited along German economist Hans-Werner Sinn to help them ram home the point that negative interest rates are bad. Sinn warned that the countries most likely to suffer from such monetary policy are those where house prices have risen rapidly in recent years - Switzerland, Germany and Austria.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejahv/patience_wearing_thin_for_negative_interest_rates/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133488 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **interest**^#2 **rate**^#3 **Swiss**^#4 **Negative**^#5\""}
{"_id": "438408", "title": "", "text": "how many transactions per year do you intend? Mixing the funds is an issue for the reasons stated.  But. I have a similar situation managing money for others, and the solution was a power of attorney. When I sign into my brokerage account, I see these other accounts and can trade them, but the owners get their own tax reporting."}
{"_id": "438419", "title": "", "text": "Looks like there are no specific rule in India to prevent Wash sales. See the link below.  http://economictimes.indiatimes.com/wealth/personal-finance-news/investors-can-rejig-portfolio-book-short-term-loss-to-save-tax/articleshow/7812788.cms?intenttarget=no"}
{"_id": "438439", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-10-17/fixing-macroeconomics-will-be-really-hard) reduced by 93%. (I'm a bot) ***** &gt; Five or six years ago, with the hangover from the Great Recession still dominating the national conversation, macroeconomic policy was all the rage.  &gt; They basically draw three lessons from the crisis: 1) the financial industry matters, 2) government should use a wider array of policies to fight recessions, and 3) recessions can last longer than expected.  &gt; The real sea change is the third one - the reconsideration of what recessions really are.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76z3uv/fixing_macroeconomics_will_be_really_hard/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229920 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Recession**^#1 **policy**^#2 **macroeconomic**^#3 **models**^#4 **macroeconomists**^#5\""}
{"_id": "438440", "title": "", "text": "I think where TiVo went wrong is not securing contracts with as many cable/satellite service companies as they could. It was an amazing product that has truly revolutionized television. They had to know service providers would be right on their heels with similar products and would be a cheap rental as opposed to hundreds of dollars of upfront cost.   Now every service provider has their own DVR, and none have that TiVo logo on it."}
{"_id": "438449", "title": "", "text": "They all basically mean the same thing - a type of debt than can be exchanged for (converted into) equity at some point. It's only the mechanics that can be different. A convertible bond is structured just like a regular bond - it (usually) pays periodic interest and has a face value that's due at maturity. The difference is that the bond holder has the option to exchange the debt for equity at some point during the life of the bond.  There can be restrictions on when that conversion is possible, and they typically define a quantity of equity (number of shares) that the bond can be converted into.  If the market price of the shares goes above a price that would make the shares more valuable than the bond, it's in the best interest of the bond holder to convert. A convertible note is typically used to describe a kind of startup financing that does not pay interest or have a face value that's redeemed, but instead is redeemed for equity as part of a later financing round.  Rather than specifying a specific number of shares, the bond holder receives equity at a certain discount to the rest of the market. So they both are debt instruments that can turn into equity investments, just through different mechanisms. A debenture is a fancy word for unsecured debt, and convertible debt could be used to described either structure above, so those terms could mean either type of structure."}
{"_id": "438456", "title": "", "text": "I'd invest in yourself.  Start up a side business.  Take a certification class that gets your foot in the door for something else (auctioneering, real estate sales, whatever).  Bid on a storage auction and try to re-sell it.  Learn Spanish (or whatever second language is best for your area).  And so forth. Most of the suggestions thus far are either debt reduction or passive investment.  You have good control on your debt, and most passive investments pay jack (though Lending Club might be a bit better than most).  Build up another basket to put your eggs in and build equity and cash flow instead of interest and dividends.  You're young.  This is the time to learn how to do it."}
{"_id": "438461", "title": "", "text": "I lived in canberra. How did you end up in china ?  So if the chinese were to revolt today, what would happen ? I would assume the government would try to stop them, its just hard for me to know how successful it would be or how many people would actually join in."}
{"_id": "438463", "title": "", "text": "First suggestion: Investigate refinancing the auto loan with a reputable credit union or bank.  I reduced my costs by changing my auto loan to Pentagon Federal Credit Union, which charges about 4% interest rate (compared to 6% which was the standard about 2 years ago).  (for instructions on how to join penfed, look at my other post here.) Second suggestion: get involved with the better business bureau. 25% interest is ridiculous, I would file a complaint against the auto dealership."}
{"_id": "438469", "title": "", "text": "Robert Kiyosaki's CASHFLOW\u00ae for Kids Board Game. Enough said."}
{"_id": "438487", "title": "", "text": "The knowledge and the experience of the finance experts at Wealth Generators will help you in making the good deals from trading. There are various Wealth Generator reviews which talk about the proper guidance and the earned profits in accordance with expert guidance. Your dream of getting best our of your hard earned capital comes true at Wealth Generators. We, not only guide you in making the bonafide trading deals but you also get aware of the financial ups and downs in the capital market."}
{"_id": "438494", "title": "", "text": "\"Has anyone ever proposed significantly lowering the US corporate tax while simultaneously raising dividend taxes for high income earners? Hell, many economists believe that corporate income should be taxed at 0%. If you do this but are worried about \"\"teh evil corporations\"\" becoming too big and powerful, that's what a high tax on dividend income is for. You can't personally become rich from a corporation without earning dividend or salary income from a corporation's coffers.\""}
{"_id": "438499", "title": "", "text": "Of course it isn't solely responsible, but the way that sugar is sold and advertised makes sugar an insidious way to eat way too many calories.  This is especially true for people who do not have education about diet, and of course children (who are heavily advertised to by the food industry).  That's not at all the point of the documentary either, they talk about many interesting aspects of the sugar industry.  Your comment illustrates part of that; the industry pays a lot of money to put doubt in people's minds.  They are extremely powerful and it's a good chance whatever you read is sugar industry funded propaganda.  Sugar is absolutely responsible for a huge number of health issues, where the fat comes from is not relevant because it's the extra carbs (mostly from sugar) that are responsible for the huge obesity rate in the US.    I really encourage you to watch this movie.  The association with health problems is well established but for a number of reasons it's extremely difficult to run experiments that show sugar caused specific diseases.  The industry is using the same tactics the tobacco industry used to put doubt in people's minds over the studies. It's actually   quite disturbing to see what they are doing to keep the food industry the way it is, especially when you take into account the extent of the health crisis of preventable diseases."}
{"_id": "438515", "title": "", "text": "\"&gt; If you are a corporation residing in Canada, you still pay Canadian taxes on worldwide income, even if that income is sourced in another country.  For corporate tax, that's not exactly true see the Foreign Accrual Property Income rules (FAPI). Only for what is considered \"\"investment business\"\" income does the company have to pay Canadian taxes on worldwide income. \"\"Active business\"\" income, which would but pretty much everything BK is doing, is repatriated tax free like any other inter-company dividend. In the US that active business income would be subject to a CFC tax.\""}
{"_id": "438516", "title": "", "text": "Yes a minor can have a checking account, or a savings account. They can even get a debit card. The money in that bank account belongs to the minor. The account can be established as soon as the are assigned their social security number. If they are a newborn the account is generally set up as a joint account with a parent to facilitate transferring money into the account. For us the money was birthday gifts from relatives.  The IRS allows minors to receive small amounts of interest, or other unearned income, tax free. In 2015 that is up to $1,050, if they have no earned income. When bank rates were higher some parent's wanted to put all their saving under their child's name, of course in the eyes of the law the money belonged to the child and was only to be spent for items that benefited the child. Credit cards are another matter because the CARD act in 2009 required lenders to only give credit to those under 21 who had proof of sufficient income, unless there was a co-signer. You do have to be careful when talking about owning a house as minor. They generally can't sign a contract. You could gift the house to the minor, but if it was time to sell it the courts would insist on appointing a legal guardian to represent the interest of the child. That could add significant time to the transaction."}
{"_id": "438524", "title": "", "text": "One of the brightest network engineers I've worked with went to get his GED while he worked with me since he was a high school dropout.  I dropped out of EE, and have been highly recruited because of my experience.  My former manager got his experience in the military, no degree... and another bright co-worker had his degree in film.   Sure many of my co-workers have BSEEs, a couple from MIT and Stanford, even had a PhD on my team... but often you'd never be able to tell who had what.  So you are exactly right... a witch-hunt because of a music degree is bullshit."}
{"_id": "438525", "title": "", "text": "I am sure there would be many views on the above topic, my take is that DIY takes the following: Now, for many, one or more of the other factors are missing. In this case, it is probably best to go for a financial adviser. There are others who have some of the above in place and are interested but probably cannot spend enough time. For them a middle ground of Mutual Funds probably is a good choice. Here they get to choose the fund they invest in and the fund manager manages the fund. For the people who have the above more or less in place and also are willing to take risk and learn, they probably can do a DIY for a while and find out the actual result. Just my views and opinion."}
{"_id": "438538", "title": "", "text": "I think that's part of the problem - no one was aware that it was that fast.    Additionally, we live in a world where we want guarantees and people are willing to pay dearly for it.  FedEx will charge 20x and you know it will be delivered the next day.  The USPS won't make the same guarantee though that's probably the case 95% of the time.  It's a little sad, really, that they've been allowed to suffer so long while the threats to their business have been obvious.  It borders on incompetency and mismanagement."}
{"_id": "438547", "title": "", "text": "There are many ways to calculate the return, and every way will give you a different results in terms of a percentage-value. One way to always get something meaningful - count the cash. You had 977 (+ 31) and in the end you have 1.370, which means you have earned 363 dollars. But what is your return in terms of percentage? One way to look at it, is by pretending that it is a fund in which you invest 1 dollar. What is the fund worth in the beginning and in the end? The tricky part in your example is, you injected new capital into the equation. Initially you invested 977 dollars which later, in the second period became worth 1.473. You then sold off 200 shares for 950 dollars. Remember your portfolio is still worth 1.473, split between 950 in cash and 523 in Shares. So far so good - still easy to calculate return (1.473 / 977 -1 = 50.8% return). Now you buy share for 981 dollars, but you only had 950 in cash? We now need to consider 2 scenarios. Either you (or someone else) injected 31 dollars into the fund - or you actually had the 31 dollars in the fund to begin with. If you already had the cash in the fund to begin with, your initial investment is 1.008 and not 977 (977 in shares and 31 in cash). In the end the value of the fund is 1.370, which means your return is 1.370 / 1.007 = 36%. Consider if the 31 dollars was paid in to the fund by someone other than you. You will then need to recalculate how much you each own of the fund. Just before the injection, the fund was worth 950 in cash and 387 in stock (310 - 200 = 110 x 3.54) = 1.339 dollars - then 31 dollars are injected, bringing the value of the fund up to 1.370. The ownership of the fund is split with 1.339 / 1.370 = 97.8% of the value for the old capital and 2.2% for the new capital. If the value of the fund was to change from here, you could calculate the return for each investor individually by applying their share of the funds value respective to their investment. Because the value of the fund has not changed since the last period (bullet 3), the return on the original investment is (977 / 1.339 - 1 = 37.2%) and the return on the new capital is (31 / 31 = 0%). If you (and not someone else) injected the 31 dollar into the fund, you will need to calculate the weight of each share of capital in each period and get the average return for each period to get to a total return. In this specific case you will still get 37.2% return - but it gets even more comlex for each time you inject new capital."}
{"_id": "438548", "title": "", "text": "&gt;Blaming bad luck is like blaming goblins   I prefer to think of it as equal to getting angry at the weather. Saying it's goblins makes it seem like it's not real or only in your head. If you are a farmer and it doesn't rain you just might be destroyed."}
{"_id": "438571", "title": "", "text": "I would suggest that you use Emergency Funds for things that have a Low likelihood of happening but if they do happen can be devastating. I used to work as a financial advisor and the sugfestion we gave people is to have about 3 months worth of expenses in cash. This was primarily to cover things luke loss of work or some unforseen even that would prevent you from missing work for an extended period of time. Once you have your emergency fund saved do not touch it! Leave it where it is. Then tou can start working on a savings account for those items that are more likely to happen but dont have as much of a negative impact."}
{"_id": "438575", "title": "", "text": "\"&gt;The offending passage from his New York Times piece (link) reiterates the economic truism that debt is \u201cmoney that we owe ourselves.\u201d  &gt;This is misdirection through aggregation, conflating corporate and government debt owned by pension funds and charitable organizations with underwater mortgages, student loans and sub-prime auto loans in their economic effects. And within his own economics, disaggregating the \u201cwe\u201d renders far different results than he suggests.  I have always felt that anyone quoting that phrase \"\"debt is [just] money that we owe ourselves\"\" to be a total ASS or a consummate con-artist. They are either truly ignorant (and just regurgitating an indoctrinated dogma in a rote fashion like a trained dog); OR they are being disingenuous and intellectually dishonest.  It is NOT an \"\"economic truism\"\", it is an utterly useless, rhetorical, tautological *inanity* (well, useless UNLESS your purpose is to obfuscate, mislead, and misdirect and confuse people).\""}
{"_id": "438582", "title": "", "text": "I think you need a diversified portfolio, and index funds can be a part of that. Make sure that you understand the composition of your funds and that they are in fact invested in different investments."}
{"_id": "438585", "title": "", "text": "Yep.  Elliot has appointed several Board members to Arconics BoD and really fought hard to get the CEO out.  To be fair, the former CEO (Kleinfeld) hung himself on that one.  Elliot is trying to get their guy (Lawson) selected to be the new CEO of Arconic.    I didn't really trust Oak Hill Financial when they owned Firth Rixson.  I didn't trust Alcoa leadership when they bought Firth Rixson because the first thing they did was come in and reduced head count by 20% without first looking at why the organization was structured the way it was.    Now that we're Arconic, I'm growing more and more leery about Elliots increasing control over the company.  They're a vulture fund."}
{"_id": "438588", "title": "", "text": "\"In both cases, you have a bunch of assets that pay into a trust, and a set of rules determining how the payments are distributed to bond holders.    Typically, the bonds are split up by \"\"Seniority\"\" where any losses from the underlying assets gets recognized by the least senior bond holder first, and the most senior is protected until those below in seniority are wiped out.  In the case of mortgage backed securities, you have a lot of early payoffs (sales and refinances), and those payoffs tend to pay off the senior bonds first (though in practice, quite a bit more complicated than that)  CDOs tend to have bonds as assets that pay into the trust, and CMOs have mortgages.  CDOs used to be more likely to be things like corporate debt, or junk-rated debt.  But during the housing bubble you did have CDOs backed by some form of mortgage backed bonds.  If you build a CDO out of tranches of CMOs, you are going through multiple stages of tranching, and things 'get weird' when you have highly-correlated loss behavior in your underlying assets.  The Equity position or the residual, as it is sometimes called, is whatever money coming from the underlying assets isn't owed to any bond after all of the structuring rules are followed.  This would be interest received in excess to interest owed + money required to make up for lost principal.  Typically goes back to the issuing bank.  There is something called a NIM bond that gets carved out of the residual and pays to the investment bank, I gather.  Residuals and NIMs of mortgage bonds are pretty worthless in a high loss environment like this.\""}
{"_id": "438589", "title": "", "text": "How exactly would these companies be broken up?   They also don't fit any meaningful definition of monopolies. Facebook has plenty of competition from Snapchat and Twitter and there is always a new upstart that can come along. Google has competition in nearly every venture it's invested in besides search. But the thing is that these companies don't make their money off of any of that: they make it all off of advertising. And in the advertising space, the two companies compete tooth and nail with each other\u2014along with all the other ad companies that they've largely beat out."}
{"_id": "438601", "title": "", "text": "This article mentions tivo three times, and two of those are in the headline and summary.  There's absolutely no substance, and appears to be geared towards getting pageviews from tech blogs.  Fuck this noise, I actually wanted to read an article about tivo."}
{"_id": "438619", "title": "", "text": "Well, you could always use both. Just concatenate the two. Then the passwords are still safe in the event the DB is the only thing compromised (because of the unknown static salt) and they can't build a rainbow table even if they get the static salt because of the unique salt."}
{"_id": "438623", "title": "", "text": "One things about psychology - people spend more money when its an abstract concept instead of having cold, hard cash. What does this mean? People spend more money when they use credit cards for day to day purchases. While I still use a credit card for day to day purchases, there's a big difference between bringing $200 to costco to pay for groceries and laying out 10 $20 bills vs swiping a card when you see a number flash on the screen. If you're truly looking to reduce expenses, keep this in mind."}
{"_id": "438666", "title": "", "text": "When you sell your primary residence, you are required to capitalize any loss or gain at that point; you do not carry over your loss or gain (as you might in an investment property).  As such, the timing of the purchase of the next house is not relevant in this discussion: you gained however much you gained already.  This changed from the other (rollover) method in 1997 (see this bankrate article for more details.) However, as discussed in IRS Tax Topic 701, you can exclude up to $250,000 (single or filing separately) or $500,000 (married filing jointly) of gain if it is your primary residence and meets a few requirements (mostly, that you owned it for at least 2 years in the past 5 years, and similarly used it as your main home for at least 2 years of the past 5 years).   So given you reported 25% gain, as long as your house is under a million dollars or so, you're fine (and if it's over a million dollars, you probably should be paying a CPA for this stuff). For California state tax, it looks like it is the same (see this Turbotax forum answer for a good explanation and links to this California Franchise Tax Board guide which confirms it: For sale or exchanges after May 6, 1997, federal law allows   an exclusion of gain on the sale of a personal residence in   the amount of $250,000 ($500,000 if married filing jointly).   The taxpayer must have owned and occupied the residence   as a principal residence for at least 2 of the 5 years before the   sale. California conforms to this provision. However, California   taxpayers who served in the Peace Corps during the 5 year   period ending on the date of the sale may reduce the 2 year   period by the period of service, not to exceed 18 months."}
{"_id": "438680", "title": "", "text": "\"I'd not heard of being able to withdraw penalty free before.  So I looked it up.  It might be penalty free, but it's not tax free.  So if your marginal tax rate is 25%, and you withdraw 10,000 from a regular IRA, 1/4 of the money will have to come from taxes. Personally, unless you're in a huge hurry to buy the best screaming deal ever seen in your jurisdiction, I'd not touch the 401k...  but I would slow down 401k investing to be the minimum required to maximize the match, and throw the rest to saving for the house. Also, your pronouns are \"\"I,\"\" not \"\"We.\"\"  If you'd like to be married, I would put off buying a home further, in case your future spouse doesn't like the home you pick.\""}
{"_id": "438696", "title": "", "text": "It can be stated that it is a crucial part of the overall mechanism used in car\u2019s driving. In fact, without it, there would be no chance at all that your vehicle will move even a bit. In that case, you might have to avail fuel injector service NSW to get all the parts checked thoroughly."}
{"_id": "438698", "title": "", "text": "If you really want to decrease inequality in a sustainable way, the solution is to make energy cheaper. The rate of median household income growth started flattening in the 1970s, and it isn't coincidental that it happened when fossil fuel prices sustained significant rises. If we can't make energy at least as cheap as it was before the 1970s, we have to adjust to a much slower rate of NGDP growth. The government targets a straight line upward moving rate of NGDP growth through massive debt spending and loose monetary policies. If it doesn't pull back on these, the increasing divergent rates of growth of the NGDP and sustainable economic growth puts us on track for a future correction that will be bigger than the Great Depression."}
{"_id": "438711", "title": "", "text": "All of that leads me (at last) back to the point of this post.  Have you done your year-end online reputation check-up?  If not, put it on your list of things to do sooner rather than later.  Check out American Express\u2019s list of steps to take periodically to manage your online reputation.  And if you want read more of what I\u2019ve written on this subject, here are some links I hope you find useful and interesting.  \u2013Managing Your Online Reputation:  The Basics (Just what it says: the very basic things anyone needs to know to manage a business, professional, or personal reputation online.)  \u2013Please Don\u2019t Feed The Trolls (Avoiding the lunatic fringe of social media users who enjoy attacking anyone who seems vulnerable.)  \u2013Go Google Yourself!  (My own experience with an Internet troll.)  \u2013When The Truth Isn\u2019t Enough: Online Review Lawsuits  (Having your say online without losing your shirt may depend on HOW you say what you want to say\u2026so think before you post.)  \u2013When Pedophiles and Search Engines Collide  (A true story of a man who discovered he shared a name with a pedophile only after he lost jobs and contracts \u2014 and what lengths he went to in order to separate himself from the prison inmate who ruined his reputation.)"}
{"_id": "438714", "title": "", "text": "Sears has a reputable home improvement arm, refacing kitchens and that kind of stuff.  Supposedly they subcontract that work out, but only with people who have been doing the work for a long time, and with Sears for a long time, and pass background checks etc.   I've only had Sears fix a few minor things in my house, but its been OK."}
{"_id": "438740", "title": "", "text": "I haven't heard of these before!  (And I'm on the board of a Credit Union.) The 0.99% on loans is great.  It's especially great on a used car: the steep part of the depreciation curve was paid by the first owner. The network probably have a business relationship with the credit union.  Credit unions do indirect lending -- approval of loans that happens at the point of sale, which then the credit union gets as assets. Depending on the cost of that program, it probably won't hurt.  Your credit union wants to keep your business, because they know that you have a lot of options for where you bank and where you get loans."}
{"_id": "438748", "title": "", "text": "It's fine.  Some people (including myself) charge any amount, no matter how small. I think charging small amounts is encouraged by no longer having to sign for small amounts (Not sure if this is state-by-state, though).   Somewhere, the transfering of digital money is being paid for - either in the merchant fees, an ATM fee, or my time in going to a bank or ATM where I will not be charged a fee."}
{"_id": "438753", "title": "", "text": "\"You have to understand something, first. The selling point of \"\"Oh, just pass a test and get a raise\"\" doesn't tell the whole story. Those tests are HARD. You'll be studying your ass off everyday for MONTHS in preparation for it. My college roommate, whom I would consider to be one of the smartest people I've ever met (for what it's worth) is studying for the first actuarial exam, and he's struggling. He already took the test once, and failed.  I'm not trying to discourage you from going for it. It's definitely an excellent career, and you'll be paid a LOT of money. However, it's a TON of work in order to become one, so be prepared to work your ass off for it.\""}
{"_id": "438778", "title": "", "text": "Craig touched on it, but let me expand on the point. Deposits, by definition, are withheld at your marginal rate. And since you can choose Roth vs Traditional right till filing time, you know with certainty the rate you are at each year.  Absent any other retirement income, i.e. no pension, and absent an incredibly major change to our tax code, I know your starting rate, zero. The first $10K or so per person is part of their standard deduction and exemption. For a couple, the next $18k is taxed at 10%, and so on. Let me stop here to expand this important point. This is $38,000 for the couple, and the tax on it is less than $1900. 5%. There is no 5% bracket of course. It's the first $20K with zero tax, and that first $18,000 taxed at 10%. That $38,000 takes nearly $1M in pretax accounts to offer as an annual withdrawal. The 15% bracket starts after this, and applies to the next $57K of withdrawals each year. Over $95K in gross withdrawals of pretax money, and you still aren't in the 25% bracket.  This is why 100% in traditional, or 100% in Roth aren't either ideal. I continue to offer the example I consider more optimizing - using Roth for income that would otherwise be taxed at 15%, but going pretax when you hit 25%. Then at retirement, you withdraw enough traditional to just stay at 10 or 15% and Roth for the rest.  It would be a shame to retire 100% Roth and realize you paid 25% but now have no income to use up those lower brackets.  Oddly, time value of money isn't part of my analysis. It makes no difference. And note, the exact numbers do change a bit each year for inflation. There's a also a good chance the exemptions goes away in favor of a huge increased standard deduction."}
{"_id": "438779", "title": "", "text": "You can pull up the VIX index on Google Finance by entering INDEXCBOE:VIX"}
{"_id": "438797", "title": "", "text": "I write cyber liability sometimes. Most I've ever covered is 1million for a business with a few hundred employees. It cost around $8k a year for that policy.  My educated guess is that obtaining anywhere near sufficient cyber liability insurance for a credit bureau would be both cost prohibitive and difficult to find the capacity.  Basically they are likely paying this out of pocket."}
{"_id": "438801", "title": "", "text": "Your taxable income is your total income from however many sources of income you have. If you are in employment and doing self-employed job at the same time, your taxable income will be a combination of both incomes.  For example if in employment you make \u00a310000 and self employed you make another \u00a310000 - your total income is \u00a320000 and this is your taxable income.  And even if your self-employed job does not bring you more than personal allowance, how would HMRC know that without you filling-in tax return?"}
{"_id": "438813", "title": "", "text": "I can safely assume that a credit union or a bank, probably a bank based on the size of the short term loan would allow use of the annuity as collateral for the loan. Since the future payouts from the annuity will more than cover the total costs coming due for your education I'm sure the bank will have no problem loaning the money and you can see if doing a direct payment monthly to them will reduce the rate. You can try a credit union since they will most likely give you a more favorable rate. If you can get a credit union to do it, you will most likely be paying a lot less, but typically they want interest paid monthly and not at the end of the 6 months term.  There is also a service called TMS or Tuition Management Services which you can find at Tuition Management Services They typically also expect monthly payments but might do an alternative for you, they charge I believe a $60USD fee to use their service. Also just flat out bank shop and demand the lowest rate, its guaranteed money so you should be paying LIBOR plus 1 at most, see if you can direct your next payout to them with the balance coming to you."}
{"_id": "438820", "title": "", "text": "They've already passed into economies of scale and are about to take a hit in profit if they keep growing (due to competition catching up) However this is mostly about its retail portion. Amazon seems like it's trying to escape the box it built for itself and it's done a pretty good job breaking out so far"}
{"_id": "438830", "title": "", "text": "FB's IPO was at exactly the right price.  The intent all along was to allow insiders to sell to retail bagholders, hence the large support by JPM to hold the line at $38.0000000, the absolutely legendary hype, and the unusual step of allowing retail in on it."}
{"_id": "438851", "title": "", "text": "Find a Bank of China branch in the United States.  They have them in Canada!   This link is to the Bank of China website, along with branch locations.  They are in New York and L.A.  http://www.boc.cn/en/aboutboc/ab6/200812/t20081216_494260.html And the Bank of China USA website:  http://www.bocusa.com/portal There are a number of Bank of China Branches in Canada due to the high numbers of Chinese people.  I'm sure a phone call or an email to them will help."}
{"_id": "438869", "title": "", "text": "All standard mortgage promissory notes mandate payments are due on the first of every month; I can almost guarantee the note you signed has this provision.  Most lenders offer a grace period of generally 15 days before they assess a late charge, but the payment IS late on the 2nd.  People have become incorrectly accustomed to believe that the payment is due between the 1st and 15th. If they are servicing your loan for another investor (FNMA, FHMLC, a private investor, etc.), they may have contractual requirements to begin collection activities by a certain date. So they are within the rights you granted them.  If these calls really bug you, you can start to adjust your cashflow so you can perhaps make your payment a few days ahead of the first each month."}
{"_id": "438874", "title": "", "text": "A more recent article on inheritance taxes than the one cited by @JohnBensin says that Maryland does not charge inheritance tax on inheritances received from parents (and other close relatives as well). Thus, there is no inheritance tax due to Maryland on your inheritance, and of course, estate tax (both Federal and State) is imposed on the estate and payable by the estate, and thus should have been taken into account by the executor before determining the amount to be divided among the children.  If the executor screwed up on this point, some of the inheritance may have to be returned to the estate so that the estate can pay the taxes due, or be paid directly to the Federal Government and/or the State of Maryland on behalf of the estate. Some part of the inheritance might be taxable income to you if it came in the form of an Inherited IRA on which Federal (and possibly State) taxes have to paid on the (taxable part of) any distribution from the IRA including the Required Minimum Distribution that must be made from the IRA each year. (There is also a 50% penalty for not taking at least the RMD each year). Note that the value of the IRA is not taxable income in the year of inheritance, just the money taken as a distribution. Some people liquidate the IRA within 5 years, as used to be required for non-spouse inheritors under earlier tax law, and thus end up paying a lot more income tax than they would have to pay if they went the RMD route. If your uncle took the help of a lawyer in winding up your father's estate, you are probably OK in that all the rules were likely followed, but if it was a do-it-yourself job (or you don't trust your uncle not to screw it up anyway!), then, as John Bensin has already told you, you  should certainly consult  a tax professional in Maryland to make sure you don't run afoul of tax authorities."}
{"_id": "438883", "title": "", "text": "Boss: We found you were taking orders without a credit card.  Me: The system won't allow you to save an order without a credit card. (it won't)  Boss: Well, we have you on tape taking orders without a credit card.  Me: That is literally impossible. Show me the orders and the call.  Boss: I don't have to do that.  (choice words by myself before I quit on the spot without letting him have any more words, it was my first temp job)  They wanted to lay people off without paying unemployment. I had three other offers waiting for me at the time. Double irony, when I went to pick up my last check, they begged me to stay (because I could take reservations faster than your mama) and said I would only be laid off for a week. This was the company Reserve America in the 90s.  *****  Boss: Well, you worked here for 2 years and you could become a manager.  Me: Thanks, but this is something I have to do.  Boss: Ok, good luck little man.  (left to join military)"}
{"_id": "438893", "title": "", "text": "\"Sue the friend. When you win, garnish his wages. It does not have to be by so much that it makes him quit his job, but get 75.00 per pay period to come to you. This may require the use of a private investigator but, if you want to make this \"\"friend\"\" face consequences, this is your only option. Otherwise, let it go and keep paying his bill.\""}
{"_id": "438903", "title": "", "text": "Color me skeptical.   Your link is a survey of studies about power. The cookie study is cited in the survey, but the cookie study itself was not published. One of the authors of the survey also did the cookie study. So it kinda looks like the guy did a study that for some reason he was not able to publish, but snuck in a reference to it somewhere else anyway.  Also odd is that despite the text of the survey and Lewis's speech, the chart on the second to last page of your link indicates that only high-power women ate more cookies, while high-power men actually ate slightly fewer. Maybe the chart is misprinted or I am misreading it, but maybe the text is wrong.   I know nothing about this field, so it's quite likely that I'm missing something. The claims made seem reasonable. But I can't find anything verifying that there was a properly run study with the results that Lewis described."}
{"_id": "438913", "title": "", "text": "I've had a BofA ATM screw up a deposit too. They will get it right. Call BofA or go to the same branch in the morning, explain the problem and submit a dispute. In my case, they credited my account immediately for the disputed amount.  They'll get the cash from the ATM and reconcile the amounts in the machine with your claim. It'll take a few days to sort out. It all worked out fine for me, try not to stress. They'll make it right and you should be able to get the immediate credit."}
{"_id": "438932", "title": "", "text": "Budget. Figure out how much money you need to keep for your own spending purposes, then figure out from that how much you can afford to move to longer term savings for youeself and/or the kid. Try it for a while, see if it works, adjust how much you can afford to save, repeat. (Actually, you want to further reduce the savings a bit until the emergency fund comes up to a level you feel comfortable at, then increase them to acceptable targets.) It's OK if you miss or reduce some deposits to the savings plans while you get the emergency fund up to a level you're comfortable at. If you don't feel you're saving enough after making these adjustments, you need to economize somewhere so you have more money to save, or make more money, or recalibrate your expectations. You can't get a gallon out of a quart container."}
{"_id": "438953", "title": "", "text": "\"There are \"\"strict\"\" regulations about co-mingling customer funds with other high risk investments.  People that lost money were not investing in MF Global, they simply had trading accounts there.  A lot were just hedging commodities (like farmers) to help stabilize prices for themselves.  Imagine having a 1 million dollar trading account at E-trade annnnnnd it's gone, because the company illegally was using YOUR money to cover losses in some high risk investment.  Would you be pissed- should someone goto jail?\""}
{"_id": "438959", "title": "", "text": "Lol. Americas are two continents. How many times do I have to educate you? America itself is not a country.  Beside that you still have not presented any data. All your points have been invalidated and best you can do is change topics over and over.  If you think that 1-3 percent tarrif is protectionism, you clearly don't know anything.  This is especially true if you think Russia is a model where we should be. Lol. Ur so understanding is so bad, I am confident it's more than just cognitive dissonance  Still could not address my points about Argentina, Canada, US and etc.  It is pretty clear you are uneducated and will never get this.   Edit  Btw love your fake data and facts. I guess that's how you get cucked so hard to begin with  EDIT2  **LOL. Chart says tarrif of 10 big countries. Not 10 highest Tarrif. LOLOLOL.**  IS your cognitive dissonance this strong? Or are you having such a hard time following this? I feel for you if you cant even keep up on this.   Best to stay in your safe space and keep getting cucked.  &gt;Why do Liberals always use homophobic insults? That's something I noticed this election cycle, the most LGBT friendly people always call people they don't like gay. All these dick sucking jokes. People saying Republicans suck on penises.  I wasn't being homophobic. I called you for what you are. That's your choice. No shame. Keep doing what you do and be Putins whatever."}
{"_id": "438966", "title": "", "text": "\"And this is how you end up with shit code, shit policies, shit thinking, shit morale and generally piles of shit everywhere, under every rug and in every corner.  Your employee's don't just hate you, they seem to actively look for ways to steal from you or otherwise hinder your progress.  And finally worst still the person that is MOST likely to take \"\"We live in an economy where, unfortunately, there is a ready supply of labor to take the place of those who quit or otherwise leave the company. This brings the value of your current employees down.\"\" as a serious threat and fear for their jobs are almost always the LEAST skilled and the largest idiots of the bunch. So you end up with C-man syndrome in a business filled with people that would punch you in the kidney and steal your wallet if they knew it was you that had made all those shitty choices. /experience.\""}
{"_id": "438974", "title": "", "text": "Yes you can, provided if buyers are available.  Normally high liquidty stocks can be sold at market prices a little higher or lower."}
{"_id": "438975", "title": "", "text": "Goddady.com will gladly accept payment from your personal account. They don't really care, as long as you approve the charge, whose name the account is in. I'm not sure PayPal even check the names on the invoice and the account to match, they just want you to login. However, depending on your local laws, you may be required to have a separate business account. In the US, for example, corporations must have their own accounts. For other entities with limited liability (like LLC or LLP) it is advised to have a separate account to avoid piercing corporate veil. Also, if your business name is not your personal name - clients may want to verify that the checks/transfers are deposited under your business name. In some countries checks written out to X cannot be endorsed by X to be transferred to Y. That may affect your decision as well. You'll have to get a proper legal advice valid in your jurisdiction to know the answer to your question."}
{"_id": "438976", "title": "", "text": "Accepting cash isn't free to the merchant's either.  It needs to be counted, reconciled, stored, and taken to the bank each day.  There is a certain amount that needs to be on-hand, not in the bank earning interest. There is more of a worry about employees taking cash from the register.  There is the chance of inadvertently accepting counterfeit currency.   I'm not sure how the cost of cash compares to the cost of accepting credit card, but there is a cost that cannot be ignored."}
{"_id": "438985", "title": "", "text": "Might as well just come out and say that you're talking about socialism/communism.  Not that there is anything *inherently* wrong with socialistic approaches, but come on, 'we don't need jobs, they only benefit capitalists'?  High unemployment isn't a bad thing?  I don't think you've ever had a job."}
{"_id": "438988", "title": "", "text": "Can you are still undecided about what to choose and gift your loved one, no worries! There is no dearth of online portals that sell an extensive range of products that are perfectly suitable as gift options.\u00a0Your precious love deserves only the best so take out some time and explore options that will make her happy and Send Gifts to Gold Coast. Look for a reliable and quality products selling portal and buy the best Guess Accessories at the Online Gifts Store Gold Coast. You will be glad to see that your thoughtful gift brings a beautiful smile on her face. http://www.mak3gifts.com.au"}
{"_id": "439002", "title": "", "text": "Amazon does not depend on government regulations or subsidies in its favor to operate. That's the important bit, and it's wholly separate from what Jeff Bezos chooses to do in the political arena.  We should be against special interest favors, subsidies and regulations which are really back-door subsidies, not against the rich.   Class warfare is a ruse that benefits the politically connected.  It encourages the expansion of government, which further empowers the political."}
{"_id": "439003", "title": "", "text": "If your parents can afford to shell out $1,250 a month for 5 years, they would pretty much have the debt paid off, provided the credit card companies don't start playing games with rates. If that payment is too high, maybe you could kick in $5k every few months to knock the principal down.  If they think the business can keep puttering along without losing more money, that may be the way to go. Five years is long enough that the business or property may have recovered some value. Another option, depending on the value of the home, could be a reverse mortgage. I don't know how the economy has affected those programs, but that might be a good option to get the debt cleared away. My grandfather was in a similar position back in the 70's. He owned taverns in NYC that catered to an industrial clientele... the place was booming in the 60s and my grandfather and his brother owned 4 locations at one point. But the death of his brother, post-Vietnam malaise, suburban exodus and shutting of industry really hurt the business, and he ended up selling out his last tavern in 1979 -- which was a dark hour in NYC history and real estate values. A few years later, that building sold for a tremendous amount of money... I believe 10x more. I don't know whether there was a way for his business to survive for another 5-7 years, as I was too young to remember. But I do remember my grandfather (and my father to this day) being melancholy about the whole affair. It's hard to have to work part-time in your 60's and be constantly reminded that your family business -- and to some degree a part of your life -- ended in failure. The stress of keeping things afloat when you're broke is tough. But there's also a mental reward from getting through a tough situation on your own. Good luck!"}
{"_id": "439010", "title": "", "text": "It would be preferable to purchase a bond with a negative yield if the negative yield was the smallest compared to similar financial securities. The purchase or sale of a security is rarely a mutually exclusive event.  An individual may have personal reasons or a desire to contribute to the activity the bond is financing.  To an entity, the negative yield bond may be part of a cost averaging plan, diversification strategy, a single leg of a multi-leg transaction, or possibly to aid certainty as a hedge in a pairs trade.  And of course there may be other unique situations specific to the entity. Said another way, is the Queen of Spades a good card?  It depends on the game being played and what is in your hand."}
{"_id": "439017", "title": "", "text": "It's also an incorrect assumption. I assume that we're looking at the S&amp;L scandal as one of the three, and it wasn't very connected to Ivy leaguers. Only one of the Keating 5 went to an Ivy, and S&amp;L's generally weren't run by Ivy grads. Investment banks are, especially these days, but that doesn't show a disproportionate likelihood of immorality among Ivies when compared to any other subset of the population."}
{"_id": "439032", "title": "", "text": "Still acting like a child and still not recognizing that OP getting an MBA wouldn't hurt him at all.  Sorry I bruised your ego there pal, hopefully you'll recover and still be able to lead a full and productive life after this.  Not sure if you noticed, but you've been getting downvoted basically because it's clear to everyone in this community that you're an asshole and incapable of discussion.  Please continue going around beating everyone with your opinion club.  It will help me sleep better at night knowing you're ruining your future by being an arrogant dick with no sense of decency or respect.  I'm reporting you for this comment as well since you're still violating the terms of this sub.  Hopefully you'll get banned so you don't ruin anyone else's request for help.  Sorry OP, he's an asshole and can't help himself."}
{"_id": "439034", "title": "", "text": "China does not use dollar for their largest oil buy, Russia, Iran.  They also have yuan swap agreement with their large trading partners like Korea, japan, EU.  Basically, the only trade that will be critically affected will be north america and latin america. China's critical trade in Eurasia are all in  non dollar already.  China has built, its own international payment system, central bank swap agreements, SWIFT alternative, largest commodity market, and various free trade agreements and zones.   20% of US import is chinese goods, mainly consumer product and electrical machines. So that will be interesting.  https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_China"}
{"_id": "439064", "title": "", "text": "These are for Jane Street Capital. JSC is considered to be one of the top quant marker makers on the street with a majority of their traders having phds. I honestly would not study with these. On this site, they are all from the first or second round of interviews. JSC conducts 4 rounds on phone and one in person. While they are intellectually stimulating, if you have any shot of getting a job there, all the questions you'll find you should already be able to solve."}
{"_id": "439071", "title": "", "text": "What makes it hard is that you're making this decision now, when you've already made decisions over the years going in a different route. I've noticed this recently w/some of my friends, that decisions, even small ones, over the years now come back to bite them b/c they didn't have a long term view. Now in early 30's they are constrained by choices throughout their 20's. Unfortunately, most people aren't equipped to make good decisions earlier, which hurts them later. So making such a change in lifestyle becomes harder.  So while it can be done, it's going to take some hard decisions. Just remember, children are a great reward, and a great sacrifice."}
{"_id": "439106", "title": "", "text": "No, it's not extremely profitable, not even close. There are so many better investments you could make with better ROI. The reason people pay that much is because they are an asset that can resold, inherited, or used as collateral for a loan."}
{"_id": "439109", "title": "", "text": "Assuming this to be in the UK, and I suspect  the rules are similar elsewhere, this indeed may be true. There is a threshold beneath which a business does not have to register for VAT - currently a turnover of \u00a381,000. A non VAT registered business does not charge VAT but also cannot reclaim the VAT on their business expenses. For some businesses below the threshold it is worthwhile registering because the amount they can reclaim is significant. However, there are also many small businesses that do a lot of cash only jobs so as to not put the money through the books and therefore avoid any tax liability. There are also many who will get the the customer to buy materials direct to avoid including these in their turnover.  Like every type of tax rule there is a grey area between people trying to avoid paying more tax than is needed and dodgy deals to avoid paying their fair share of tax."}
{"_id": "439114", "title": "", "text": "\"Do you have the claim ticket? I'll assume yes. Do a Google search for \"\"Dry Cleaner Regulations for [state you live in]\"\" and see if there is a regulatory agency because some states have them, although that might just be for environmental concerns. Worth a shot to call one and ask if they handle customer complaints. Otherwise, the goal is to have them either find your pants or compensate you for the loss. I'd try one last time on the phone or in person. If that fails: Send them a nastygram in the mail demanding $160 by x date or you will pursue \"\"further actions\"\". Keep the letter short and sweet. You can use Google to find example demand letters. After they ignore the letter, file in small claims court. It will cost you ~$50 in filing fees which will be included in the judgement if you win. Go to court, explain why you feel they owe you $160. Bring the claim ticket, the matching suit jacket, and proof that replacing it will cost $160. Step 4: win! Or if that sounds like too much work, you can just write a nasty review on Yelp. You won't get your pants back but it'll feel good. I'd avoid the complaining to the BBB because they have no teeth and the dry cleaner is not obligated to respond to a BBB complaint. Standing right outside their door handing out pamphlets might be a bad idea since it's likely private property and they'll make you leave. But you could always do the labor union thing and hold a \"\"shame on the drycleaners for losing my pants!\"\" sign out by the street or entrance to the parking lot. (That seems like a lot of effort, although it'll look great on your Facebook feed!)\""}
{"_id": "439116", "title": "", "text": "I am a CFA Charterholder. Sitting for the exams was a great foot in the door for me to the world of investment research. Today, it is the lasting educational experience and development of mental frameworks on how to conduct financial analysis that help me in the field.  There are three exams in the CFA Program; moreover, to earn the CFA Charter, you need four years of financial industry work experience. I found Level II to be the hardest, and Level I the easiest.  Having the CFA Charter or simply stating you are a CFA Candidate sitting for a future exam goes a long way in your career early on. It is a great signaling mechanism for prospective employers as it shows you are committed and willing to put in hours to go above and beyond.  The body of knowledge you learn in the program will tremendously help you in your career as it will teach you the language of finance.  Overall, **it is a rigorous self-study program.** I can not stress the last sentence enough. You will need to be self-disciplined about doing the required reading, and preparing for the exam. [Exam pass rates are ~50%.](https://encrypted.google.com/search?{google:acceptedSuggestion}{google:originalQueryForSuggestions}sourceid=chrome&amp;ie=UTF-8&amp;q=cfa+exam+success+rates). Again, the exam is not hard per-se, you just have to sit down and study. [This man's blog was fun to read while I was studying.](http://luminouslogic.com/path-to-the-cfa)  Happy to answer anymore questions.  Edit: Most financial industry employers will pay for the cost of the exams and study materials."}
{"_id": "439125", "title": "", "text": "Not surprising.  There was a reason it went out of business in 2013.  Back when it was going out of business the first time my three kids had asked to try a twinkie, so my wife went out and bought a box for them.  I am now the proud owner of a box full of twinkies minus three."}
{"_id": "439142", "title": "", "text": "I assume you are referring to the emoluments clause (Article I, Section 9, Clause 8 of the United States Constitution)  That clause has never been applied to any president.  Even Washington and Jefferson enriched themselves off their personal businesses.  They even traded and received payments from foreign nations.  You can run a business as long as you charge a fair rate.  You cannot however accept gifts or titles."}
{"_id": "439152", "title": "", "text": "That sounds interesting.. As I was looking through some articles on [wealth management](http://www.millionairemindevents.com/) the same question came into my mind. Where did money originated. It would be interesting to read some books about it. Thanks for the suggestion."}
{"_id": "439194", "title": "", "text": "Morally it is stealing.  Legality is another issue.  It's really no different then some of the other BS businesses do to people every day: exploit a loophole in order to take advantage of other person (yes, target is legally a person)."}
{"_id": "439210", "title": "", "text": "\"The passwords that the hackers already cracked were changed to have all zeros for the first 5 characters. So recheck using only characters 6 and onwards.   The list is also unique so the password hash for \"\"password\"\" doesnt show up a million times in the list, which explains why the list is relatively short.  They claim that they are still actively dumping the database, so you might want to change your password again once Linkedin gets a hold on things.\""}
{"_id": "439223", "title": "", "text": "I used to get the same shit working in telesales. Unlike my comrades, my team leader or the office manager I knew our product from the wheels up which means when I bumped in to a customer who knew their stuff we would talk properly. One particular call a guy made it quite clear he didn't want anything early on so I asked him what he was using and it was an unbelievably obscure model with an even more obscure fork attachment so knowing the details I made a flippant comment about the wheelbase and the turning circle and he responded which lead to a LONG drawn out conversation. I eventually arranged a meeting with one of our sales reps which lead to a sale all because we talked properly. Nobody there could have nailed the call like I did but what thanks did I get? My first strike because of the length of the call :)"}
{"_id": "439231", "title": "", "text": "Yeah, lots of value in companies is much less tangible than it used to be. But then i think we put too much faith in tangible value. EG a coal mining company my buddy invested in cos it had so much tangible value; had precisely zero tangible value when it collapsed tho"}
{"_id": "439237", "title": "", "text": "I used to work at General Motors Holden (GM Australia) and we often had American directors come through.  I remember one of the American directors going on a holiday and being completely flabbergasted that no one contacted him during his entire trip, his phone would have been ringing off the hook back in the US."}
{"_id": "439248", "title": "", "text": "1.If the compensation that I receive is over 10 lakhs, how much would be deducted as tax No tax will be deducted by the company. You have to calculate the tax and pay in Advance by yourself. There are quite a few Banks that give you online facility to pay your tax. There is no service tax. Otherwise the tax slabs are right. The current budget has slightly revised the tax brackets. 2.So are these the right taxes and % that Need to be paid? If not do let me know the correct deductions. Yes. Revised brackets for financial year 2014-2015 are NIL for first 2.5 lakhs. Other brackets are unchanged. 4.What others legal options I have to decrease the tax liability? As an employee of my ex company I had once taken an FD (that reduced my tax) The options are same as salaried, i.e. you can claim exemption under 80C or on interest of housing loan, etc. As a consultant certain expenses can also be deducted.  You should also talk to a CA who can help you with this as there will be some paperwork involved."}
{"_id": "439249", "title": "", "text": "\"With no match, the traditional 401(k) for someone otherwise in the 15% bracket makes little sense. I'd suggest contributing just enough if you were in the 25% bracket to be in the taxable 15% but no more. Use a Roth IRA if you are saving more than that.  I'm adding this based on OP's statement that the fees on the 401(k) range .8-1.4%. I wrote an article Are you 401(k)o\u2019ed? in which I discuss how fees of this range negate the benefit of the mantra \"\"save at 25% to withdraw at 15%\"\" and if one were in the 15% bracket to start, this level off fee will cost you money in no time at all.  The people advising you to max out the 401(k) first, given the rest of your situation and that of the account, are misguided. I'd given them the benefit of the doubt and assume they don't have all the details.  And with all due respect to the other posters here, everyone of them a bright, valued colleague, your answers should be addressed to the OP's exact situation. 15% bracket, no match, high fees. I suspect some of answers will change on reviewing this.\""}
{"_id": "439274", "title": "", "text": "Of course its possible. Under what terms and with what fees depends on your bank/country regulations, but generally speaking - loaning is the major source of income for banks, especially short-term account overdrafts (which is essentially a loan, usually at a high rate). In the US you can (now, since the new regulations kicked in) instruct the bank not to pay checks/decline debit card purchases if you don't have sufficient funds on the account. Otherwise you can instruct them to pay (at their discretion) to avoid bouncing checks, and accept NSF fees (usually pretty high). Some banks provide overdraft lines of credit (then you won't have NSF fees, and will just pay interest when tapping into that line), others provide option to automatically withdraw the missing amount from a linked account (checking or credit card)."}
{"_id": "439281", "title": "", "text": "A sober home will not fetch you big amount but it is in demand as many people look for a sober half way home for themselves or the older generation. Target local DA\u2019s office if you want to go ahead with sober half way home, this will generate $750 per month for a 4 bhk to start a half way home."}
{"_id": "439293", "title": "", "text": "I've read online that 20% is a reasonable amount to pay for a car each month - Don't believe everything you read on the internet.  But, let me ask, does your current car have zero expense? No fuel, no oil change, no repairs, no insurance? If the 20% is true, you are already spending a good chunk of it each month. My car just celebrated her 8th birthday. And at 125,000 miles, needed $3000 worth of maintenance repairs.  The issue isn't with buying the expensive car, you can buy whatever you can afford, that's a personal preference. It's how you propose to budget for it that seems to be bad math. Other members here have already pointed out that this financial decision might not be so wise."}
{"_id": "439295", "title": "", "text": "Are mortgages always sold for less than the remaining principal? No, they're almost always sold for more than that. The buyer will take a loss if the homeowner pays off the loan immediately, but that's very unlikely. The buyer is hoping that the owner will payoff the loan as scheduled and they'll make a tidy profit from the interest charged. The originator now makes their profit immediately and has their capital back so they can make more loans."}
{"_id": "439305", "title": "", "text": "Ticketfly is the processor for my local place, they book big acts and they are the defacto closest place to go enjoy music. However, a good example would be the time I was purchasing tickets and the tickets were $20 a piece. Two tickets and the service charge was $23 for both. I was paying more for the service charge than what I was paying for hours of entertainment by professional musicians. Now this could just be the douche bag venue pulling this and they are hiding behind the Ticketfly name, that I don't know, just that Ticketmaster does the same shit so why not them to?"}
{"_id": "439349", "title": "", "text": "\"In Italy (even with taxes that are more than 50% on income) owning garages is generally a good business, as you said: \"\"making money while you sleep\"\", because of no maintainance. Moreover garages made by real concrete (and not wood like in US) are still new after 50 years, you just repaint them once every 20 years and you change the metal door gate once every 30 years. After 20 years you can be sure the price of the garage will be higher than what you paied it (at least for the effect of the inflation, after 20 years concrete and labour work will cost more than today). The only important thing before buying it is to make sure it is in an area where people are eager to rent it. This is very common in Italian cities' downtown because they were built in dark ages when cars did not exists, hence there are really few available parkings.\""}
{"_id": "439402", "title": "", "text": "Once upon a time, money rolled over from a 401k or 403b plan into an IRA could not be rolled into another 401k or 403b unless the IRA account was properly titled as a Rollover IRA (instead of Traditional IRA - Roth IRAs were still in the future) and the money kept separate (not commingled) with contributions to Traditional IRAs. Much of that has fallen by the way side as the rules have become more relaxed.  Also the desire to roll over  money into a 401k plan at one's new job has decreased too --  far too many employer-sponsored retirement plans have large management fees and the investments are rarely the best available: one can generally do better  keeping ex-401k money outside a new 401k, though of course new  contributions from salary earned at the new employer perforce must be put into the employer's 401k. While consolidating one's IRA accounts at one brokerage or one fund family certainly saves on the paperwork, it is worth keeping in mind that putting all one's eggs in one basket might not be the best idea, especially for those concerned that an employee might, like Matilda, take me money and run Venezuela. Another issue is that while one may have diversified investments at the brokerage or fund family, the entire IRA must have the same set of beneficiaries: one cannot leave the money invested in GM stock (or Fund A) to one person and the money invested in Ford stock (or Fund B) to  another if one so desires.  Thinking far ahead into the future, if one is interested in making charitable bequests, it is the best strategy tax-wise to make these bequests from tax-deferred monies rather than from post-tax money. Since IRAs pass outside the will, one can keep separate IRA accounts with different companies, with, say, the Vanguard IRA having primary beneficiary United Way and the Fidelity IRA having primary beneficiary the American Cancer Society, etc. to achieve the appropriate charitable bequests."}
{"_id": "439404", "title": "", "text": "Whether it's wise or not depends on what you think and what you should consider are the risks both ways. What are the risks? For Let's say that the company produces great value and its current price and initial price are well below what it's worth.  By investing some of your money in the company, you can take advantage of this value and capitalize off of it if the market recognizes this value too, or when the market does (if it's a successful company it will be a matter of when). Other reasons to be for it are that the tech industry is considered a solid industry and a lot of money is flowing into it.  Therefore, if this assumption is correct, you may assume that your job is safe even if your investment doesn't pay off (meaning, you don't lose income, but your investment may not be a great move). Against Let's say that you dump a lot of money into your company and invest in the stock.  You're being paid by the company, you're taking some of that money and investing it in the company, meaning that, depending on how much you make outside the company, you are increasing your risk of loss if something negative happens to the company (ie: it fails). Other reasons to be against it are just the opposite as above: due to the NSA, some analysts (like Mish, ZeroHedge, and others) think that the world will cut back on doing IT business with the United States, thus the tech industry will take a major hit over the next decade.  In addition to that, Jesse Colombo (@TheBubbleBubble) on Twitter is predicting that there's another tech bubble and it will make a mess when it pops (to be fair to Colombo, he was one of analysts who predicted the housing bubble and his predictions on trading are often right). Finally, there is a risk of lost money and there is also a risk of lost opportunity.  Looking at your past investments, which generally hurt more?  That might give you a clue what to do."}
{"_id": "439420", "title": "", "text": "You could use the money to buy a couple of other (smaller) properties. Part of the rent of these properties would be used to cover the mortgage and the rest is income."}
{"_id": "439437", "title": "", "text": "I wanna wait a couple years and see how Seattle's $15 min wage experiment plays out before I listen to this guy. My hunch is that long term it isn't going to look pretty, lots of automated fast food and unemployed low skilled people."}
{"_id": "439459", "title": "", "text": "Paying off the debt is low-risk, low-reward.  You're effectively guaranteed a 4% return.  If you buy a mutual fund, you're going to have to take some risk to have a decent chance of getting better than 4% and change return in the long run, which probably means a fund that invests primarily in stocks.  Buying a stock mutual fund is high-risk, high reward, especially when you're in significant debt.  On the other hand, 4% and change is very low-interest.  If you wanted to buy stocks on margin, financing stock investments directly with debt, you'd pay a heck of a lot more.  Bottom line:  It comes down to your personal risk tolerance."}
{"_id": "439460", "title": "", "text": "\"Technically, this is considered \"\"income\"\" for you, and is actually not considered a \"\"donation\"\" for your donors, but is instead a \"\"gift\"\" (not tax-deductible for your donors). So, you are technically required to report it, and there is a pretty significant audit trail that can be followed to prove you made that money. I don't know if PayPal is required to file 1099s for payments received, but if you've ever received such a document, so has the IRS, and they'll match it to the income you claimed and see a discrepancy, triggering an audit. Depending on the amount that it affects your taxes (it can be significant; if you have a  $50k/yr day job, you'd owe the government 25 cents on every dollar donated), they can let it slide, they may simply dock your next return, or they may come after you for interest and penalties or even charge you with criminal tax fraud if they could prove you maliciously attempted to conceal this revenue. Now, if you already itemize using a Schedule A, then you can erase this income by deducting the costs of the server, not to exceed the amount of the donations. The best you can do is offset it; you cannot use this deduction to reduce taxable income from other sources. Also, you must itemize; you can't take your standard deduction, and with a maximum possible deduction of the actual costs of running the server ($1500, IF you receive enough donations to fully pay for it) compared to one person's standard deduction ($5800), you'll want to take the standard deduction if you don't have other significant deductions (medical expenses, mortgage interest/property taxes, etc). If you were charging users a monthly fee for use of the server, then you've basically created a de facto sole proprietorship, and you would still have to count the fees as income, but could then deduct the full cost of running the server. You'd fill out a Schedule C listing the revenue and expenses, and back them up with statements from your ISP/hosting company and from PayPal. Now, this would apply if you were running the server with the primary goal of making a regular profit; Schedule C cannot be used for income from a \"\"hobby\"\", undertaken primarily for enjoyment and where a few bucks in revenue is gravy. Whether you think you can get away with that in your current situation is your prerogative; I don't think you would, given that the donations are solicited and optional, and thus there is no expectation of ever turning a profit on this game server.\""}
{"_id": "439463", "title": "", "text": "No matter you book a young model or a pretty adult one, the escorts are always the professional girls who are sure to turn every head to you due to the jealousy you cause since the people can\u2019t bear the beauty you have at your side and not beside them. Their beautiful body, hypnotizing eyes and appealing dressing sense can catch anyone\u2019s attention at a spur of the moment. Due to having the captivating attraction beside you, you will also be the center of attraction of the crowd."}
{"_id": "439467", "title": "", "text": "I often spend weeks or months (and sometimes even years) deciding whether to buy something. Certainly the dealer should recognize you by now if you take a third opportunity to look at the same instrument. You could politely remind him that you've twice declined his excellent prices. From there you can assert that you will purchase only when you are ready."}
{"_id": "439469", "title": "", "text": "\"mcnultysbluecavalier, I just made this account and broke my lurking reddit virginity to give you these upvotes. I'm also an undergrad and in a similar position as Wegener. I graduated this April and have been trying hard to break the industry. However, I've been slowly slipping into given up these past month, but not admitting it: Procrastination, Frustration, and loosing confidence. After reading your comments, it really woke me up. Seriously. \"\"find that fucking dog\"\" for some reason hit a chord and I now I cant wait to wake up tomorrow and give it all I got. So just want to say thanks bro and here's an upvote. PS. Check out my new desktop Background: http://imgur.com/zxOoq\""}
{"_id": "439470", "title": "", "text": "As well as the visual impact - employees don't see the money disappearing directly from their paycheck so don't feel as heavily taxed - there's usually one practical difference, at least in the UK. Employers are generally prohibited in law from explicitly passing the tax onto their employees. Of course the presence of the tax will affect how much they are willing to pay, especially over the long-term and when deciding on pay rises. But if there's a sudden increase in the tax rate, that will fall on employers immediately, they wouldn't be able to reduce their employees' pay directly."}
{"_id": "439474", "title": "", "text": "\"You say your primary goal is to clean up your credit report, and you're willing to spend some cash to do it.   OK.  But beware: the law in this area is a funhouse mirror, everything works upside down and backwards. To start, let's be clear: Credit reports are not extortion to force you into paying. They are a historical record of your creditworthiness, and almost impossible to fix without altering history.  Paying on this debt will affirm the old data was correct, and glue it to your report.  Here's how credit reporting works for R-9 (sent to collections) amounts.  The data is on your credit report for 7 years.  The danger is in this clock being restarted.  What will not restart the clock?  Ignoring the debt, talking casusally to collectors, and the debt being sold from one collector to another.  What will restart the clock? Acknowledging the debt formally, court judgment, paying the debt, or paying on the debt (obviously, paying acknowledges the debt.)  Crazy!  You could have a debt that's over 7 years old, pay it because you're a decent person, and BOOM! Clock restarts and 7 more years of bad luck.  Even worse-- if they write-off or forgive any part of the debt, that's income and you'll need to pay income tax on it.  Ugh!  Like I say, the only way to remove a bad mark is to alter history. Simple fact:   The collector doesn't care about your bad credit mark; he wants money. And it costs a lot of money, time and/or stress for both of you to demand they research it, negotiate, play phone-tag, and ultimately go to court.  So this works very well (this is just the guts, you have to add all the who, what, where, signature block, formalities etc.):   1 Company and Customer absolutely disagree as to whether Customer owes   Company this debt: (explicitly named debt with numbers and amount) 2 But Company and Customer both eagerly agree that the expense, time, and   stress of research, negotiation, and litigation is burdensome for both of us.    We both strongly desire a quick, final and no-fault solution.  Therefore:  3 Parties agree Customer shall pay Company (acceptable fraction here).    Payment within 30 days.  To be acknowledged in writing by Company.  4 This shall be absolute and final resolution.  5 NO-FAULT.  Parties agree this settlement resolves the matter in good faith.   Parties agree this settlement is done for practical reasons, this bill has not been established as a valid debt, and any difference between billed and settled amount is not a canceled nor forgiven debt.  6 Neither party nor its assigns will make any adverse statements to third parties relating to this bill or agreement.  Parties agree they have a continuous duty to remove adverse statements, and agree to do so within seven days of request.  7 Parties specifically agree no adverse mark nor any mark of any kind shall be placed on Customer's credit report; and in the event such a mark appears, Parties will disavow it continuously.  Parties agree that a good credit report has a monetary value and specific impacts on a customer's life.  8 Jurisdiction of law shall be where the effects are felt, and that shall be (place of service) regarding the amounts of the bill proper.  Severable, inseparable, counterparts, witness, signature lines blah blah. A collector is gonna sign this because it's free money and it's not tricky.  What does this do?  1, 2 and 5 alter history to make the debt never have existed in the first place.  To do this, it must formally answer the question of why the heck would you pay a debt that isn't real and you don't owe: out of sheer practicality; it's cheaper than Rogaine.  This is your \"\"get out of jail free\"\" card both with the credit bureaus and the IRS.   Of course, 3 gives the creditor motivation to go along with it.  6 says they can't burn your credit. 7 says it again and they're agreeing you can sue for cash money.  8 lets you pick the court.  The collector won't get hung up on any of these since he can easily remove the bad mark. (don't be mad that they won't do it \"\"for free\"\", that's what 3 is for.)  The key to getting them to take a settlement is to be reasonable and fair.  Make sure the agreement works for them too.  6 says you can't badmouth them on social media. 4 and 5 says it can't be used against them. 8 throws them a bone by letting them sue in their home court for the bill they just settled (a right they already had).  If it's medical, add \"\"HIPAA does not apply to this document\"\" to save them a ton of paperwork.  Make it easy for them. You want the collector to take it to his boss and say \"\"this is pretty good. Do it.\"\"  Don't send the money until their signed copy is in your hands.  Then send promptly with an SASE for the receipt.  Make it easy for them.  This is on you.  As far as \"\"getting them to send you an offer\"\", creditors are reluctant to mail things especially to people they don't think will pay, because it costs them money to write and send.  So you may need to be proactive about running them down with your offer.  Like I say, it's a funhouse mirror.\""}
{"_id": "439489", "title": "", "text": "I'm claiming that quote of yours that I copied and pasted is a lie, that's what I'm claiming, and I proved it with a link to a government website.   Now I have to point out you this latest link you're sending me is worse than the last. This time it's leading to nothing, propagandist.   I'm gonna copy the link in case you try to change it https://ucr.fbi.gov/crime-in-the-u.s/2014/crime-in-the-u.s.-2014/resource-pages/downloads"}
{"_id": "439502", "title": "", "text": "Citizenship matter for US reporting, but not for Canadian taxes.  If you are an American resident then you need only worry about US taxes and rules.  s"}
{"_id": "439504", "title": "", "text": "\"The easiest way to find the motorcycle spare parts is the internet. Today, there are many online stores that are solely dedicated to selling old parts for motorcycles. But \"\"Geloman's Indian Spares\"\" is the best one way for you. We provide the best Indian motorcycle spares parts online at an affordable price in the world. Each store tends to specialize in a number of different brands and some will even allow you to place a product request.\""}
{"_id": "439511", "title": "", "text": "Not all cars but just those &lt; $25k (Skoda, Nissans, VW, Ford, Renault )!! Economic class vehicles, which basically are driven by the middle class.   While elite automobiles (anything above this) and to pleasure of the oligarchs and politicians, will continue to pour in. So in the &lt;$25k segment either Russian built or from non-sanctioned nations (S.Korea-? and China), the prices will obviously inflate dramatically with the decrease in supply.   The poor and middle class are the only ones going to suffer with this. This fucking economics 101, if not common-sense !!! Either they are too stupid to realize this or this is just some machiavelic plan !!  edit: [\u0412 \u0413\u043e\u0441\u0434\u0443\u043c\u0435 \u0441\u043e\u043e\u0431\u0449\u0438\u043b\u0438 \u043e \u0432\u043e\u0437\u043c\u043e\u0436\u043d\u043e\u043c \u0437\u0430\u043f\u0440\u0435\u0442\u0435 \u043d\u0430 \u0432\u0432\u043e\u0437 \u0430\u0432\u0442\u043e \u0434\u0435\u0448\u0435\u0432\u043b\u0435 800 \u0442\u044b\u0441\u044f\u0447 \u0440\u0443\u0431\u043b\u0435\u0439](http://lenta.ru/news/2014/08/19/avto/) -- The State Duma has reported a possible ban on the import of cheaper car 800 thousand rubles"}
{"_id": "439513", "title": "", "text": "Manufacturer of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries is the ruling Supplier, Manufacturer and Exporter of Ramming Mass in India. We do supply our product not only in India but also to Vietnam, South Korea, UAE, Malaysia, Taiwan, Thailand, Saudi Arabia, and Indonesia.  We have wide collection of Acidic Ramming Mass. Our range of acidic ramming mass involves Acidic Ramming Mass, Silica Ramming Mixes, and Packed Ramming Mass."}
{"_id": "439531", "title": "", "text": "If you are a company owner and need a large quantity of packaging needs then you should acquire wholesale printed boxes because by acquiring wholesale products, per sample cost is reduced to low which is beneficial for you because you would not get out of the budget."}
{"_id": "439538", "title": "", "text": "It's astonishing how my simple point - _this is going to suck really badly for thousands of people_ - is somehow interpreted as some sort of approval for exploitative capitalism.  As I keep saying, these old companies have to go - and in the last few years the quality of the jobs they offer has fallen and fallen. Frankly, I see a collapse coming where most of these companies vanish.  _But it's going to suck for the people who lost their jobs and I feel for them._   &gt; Think of all the unfortunate hedge fund managers who lost their jobs in 2008. Shed any tears for them?   Heck, no, probably most of them should be in jail.  And they won't go hungry.  What's your point?  The poor suckers who work for Sears are in a completely different category."}
{"_id": "439540", "title": "", "text": "\"In general, a lack of endorsement (meaning nothing written by the receiver on the back of the check) is equivalent to it being endorsed \"\"as deposit only\"\" to a bank that the depositor has an account with. (See Uniform Commercial Code \u00a74-205.) That is, the bank that receives a deposit without any endorsement promises to the banks that process the check along the line all the way back to your bank, that they properly deposited the money into the account of the entity that the check was made out to. With checks being processed with more and more automation, it's getting fairly common for there to be little writing needed on the check itself, as the digital copy gets submitted to the banking system for clearing. If you're concerned about there being some sort of fraud, that perhaps the entity that you're sending money to isn't the ones that should be getting it, or that they're not actually getting the money, or something like that, that's really an entirely different concern. I would expect that if you were saying that you paid something, and the payee said that you hadn't, that you would dispute the transaction with your bank. They should be able to follow the electronic trail to where the money went, but I suspect they only do so as part of an investigation (and possibly only in an investigation that involved law enforcement of some type). If you're just curious about what bank account number your deposit went into, then it just looks like you're the one trying to commit some sort of fraud (even if you're just being curious), and they don't have much incentive to try to help you out there.\""}
{"_id": "439545", "title": "", "text": "For eToro, just like any other brokerage firm, you can lose your entire capital. I suggest that you invest in one or more exchange-traded funds that track major indexes.  If not, just put your money in fixed deposit accounts; gain a bit of interest and establish an emergency fund first before investing money that you feel you are able to lose."}
{"_id": "439548", "title": "", "text": "\"I don't want to bother with micropayments, and harassing her for   monthly payments. Alternative approach to lending her $20K, arranging for her to pay you back $x per month, and having to (as you say) harass her for micropayments. Instead, you give her the $20K, and she sets up a savings account with a monthly direct debit deposit of $x. The bank takes care of the monthly \"\"payments\"\" into the savings account, and at the end of the loan period, you've got your $20K, and instead of the bank making interest off your mom, you make some interest out of the savings account.\""}
{"_id": "439566", "title": "", "text": "You said 2 things that made me think you are one of the rare young couples barely making it but should attempt to buy rather than rent anyway.... Around my area, renting a place is about equivalent to just paying a monthly mortgage of a 30yr 3.5% APR of a home priced at around $250,500.  and... Our ideal price range would be $100,000-160,000 with a 25-30yr mortgage at 3.5 - 5.4% The other answers suggesting that you should rent and the reasons given were excellent ones but because of those 2 points you made, this tells me that you would be willing to live in a much much more basic house if you owned rather than rented.  Many renters rent rather than buy because they want a really nice place for their money and are willing to spend what it takes to get a nice place, but not you.  If you buy, you would be willing to take a place worth half or even less than half what you would get if you rented. That tells me you might accept a place that needs a little work.  Perhaps you and/or your fianc\u00e9e have some skills needed to do a little of the work yourself.  I hope you decide to buy rather than rent if you can swing it, and instead of taking a 2nd job, spend all your spare time working on your little investment.  It's possible that by the time you're done fixing that house up some, through your own creative efforts or through the help you might get from your friends, you could end up with a $250,000 house, own it, and reap all the great benefits of owning rather than renting...or...better yet, sell that place for a nice profit, then turn around and buy the next one already fixed up with your newly acquired great credit to help you with the new mortgage, and ready for you to move in and enjoy.  It's how my wife and I got started (only we didn't have the benefit of historically low interest rates) and if we can do it, I believe you can too. Here are a couple tips that might help out....1) Don't spend a lot of money to fix the place...try to find the time to do the simpler tasks yourself.  If you don't have the skills, you can learn them on youtube or by picking the brains of all the great willing people working at your local discount home project superstore.  2)  Cosmetics go a long way towards increasing the value of a house.  a) needs paint and b) needs carpet but not a) major structural damage and b) needs roof. Regarding some of your other points... HOA, hopefully if you buy in a formal community, the HOA should be less than $200.  If it's more than that, it might be harder to do as I suggest. Closing Costs, probably more like 4 - 5% Taxes, monthly if included in mortgage, normally quarterly or semi-annually if not Utilities...you're budgeting quite high for that.  Depending on your area, you might only spend an average of $200/month, maybe even less. Insurance...see answer for taxes Regular maintenance, $1K a year might be about right but we better include irregular also, which comes up more often than you might think when owning, let's say $2 - $3 a year. Unexpected costs.  Expect the unexpected but if the place needs a new roof or something big like that, then you didn't do your homework before buying."}
{"_id": "439577", "title": "", "text": "Yes. There are exceptions under the pre-JOBS laws to allow unaccredited investors (off the top of my head I don't remember the limit, but 35 sounds right). However, it increases the amount of information the company has to give to those investors.   Post-JOBS you're allowed to have up to 500 unaccredited investors and as far as I know, it doesn't really change the information the company has to give."}
{"_id": "439587", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-16/the-housing-recovery-is-leaving-out-most-of-america) reduced by 85%. (I'm a bot) ***** &gt; For further evidence of the uneven recovery among U.S. housing markets, how&amp;#039;s this: In the 10 most expensive U.S. metropolitan areas, median home values have increased by 63 percent since 2000, after adjusting for inflation.  &gt; Home prices in 3 out of 5 metropolitan areas remain below their pre-recession peak, and home prices in low-income neighborhoods are faring even worse.  &gt; Home prices increased in 97 out of the 100 largest metropolitan areas, according to the report.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hpc6k/the_housing_recovery_is_leaving_out_most_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146042 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **home**^#2 **price**^#3 **report**^#4 **housing**^#5\""}
{"_id": "439593", "title": "", "text": "How does paying off a mortgage early work? Example: I have a 30 year fixed rate mortgage of 3.5%, the amount borrowed is $300,000. I have just inherited $300,000. I am in the first year of the mortgage. Can I give the bank the $300,000 to clear the mortgage, or must I pay off the total interest that was agreed upon for the 30 year term? This depends on the country regulation and your agreement. Generally speaking the calculations are on daily reducing balance. so you just pay 300K I'm curious why the bank would let you do this, since they will lose out on a lot of profit"}
{"_id": "439604", "title": "", "text": "When did it become a verb? Early 19th century: http://en.wikipedia.org/wiki/Bootstrapping  You can keep on repeating yourself -- wow, that Amway comparison sure is powerful, don't wanna overuse it now -- but it's no use, really.   Oh, and the income stated is for 2011. I don't know if you realized this, but 2011 is basically over. Thanks."}
{"_id": "439605", "title": "", "text": "The investments he's chosen are well diversified.  You can argue the  details, but it's a low-fee, low-risk plan that's simple to implement, which makes it better than what 95%+ of people do.  Starting saving early is also a great idea.  Now for the bad news.  $1mm is not enough to retire on.  It can't generate $80k / year without significant risk, and even if it could, those investment gains would be taxable.  The general rule of thumb is that you should have 25x your annual expenses saved when you retire, a bit more if you want to retire early at 50.  Don't forget that inflation means $1mm in 24 years will not have the same purchasing power it does today."}
{"_id": "439617", "title": "", "text": "I think it's wise to account for those inevitable but unpredictable expenses like car/house repairs and abnormal medical bills when deciding on your emergency fund amount.  So if you average $100/month for car repairs, and you have a 6-month emergency fund, then part of that fund is $600 for car repairs. If your total annual out of pocket for health insurance is $5,000/year, then emergency fund gets $2,500 and so on. This way, you add cushion to your emergency fund to handle those unpredictable but inevitable expenses without setting up a bunch of separate accounts. It doesn't have to be inflexible either, I know my furnace and air conditioner are way past their expected life, so I'm keeping a larger than normal emergency fund. Ultimately it's personal preference, to me, cash is all the same no matter what account it's in, but other people do best by keeping some logical/physical separation of funds intended for different purposes."}
{"_id": "439642", "title": "", "text": "FYI, French Fries = pomme frites, which is Belgian, so yeah, not american food. Also, while fresh food is available in the US, its not cheap. Remember the part I said about 'cheap'? If you already have access to food that is both good and cheap, there's little incentive to want McFood."}
{"_id": "439674", "title": "", "text": "\"You should brand that truck, definitely. Slogans... \"\"Ever catch yourself saying, 'poop, I did it again'? Call now.\"\"   When you brand that truck, the number one, and I mean the only thing, you have to do is get peoples attention. No matter how odd. The potty truck Hurtinalbertan linked to is a great example of it.  Marketing at its core is a simple principle, AIDA: Attention Interest Desire Action. Get the attention of the end-user (\"\"poop I did it again,\"\" plays on the hasbeen of Brit Spears single), interest them with appealing facts or figures (99% of people wait until it's too late!), create a subconscious desire or urge (don't wait until it's too late), and direct them to how they act upon this desire (call NOW!).\""}
{"_id": "439715", "title": "", "text": "Yet people think this is impossible. They're out there, insisting on total employment forever, somehow not believing that robo-planter and robo-harvester can run on the same field. Like there's something magical about sticking a thing in the ground and then later pulling it out."}
{"_id": "439717", "title": "", "text": "Pool Pump/Spa ControlsFeatures: Full rated pump complete with impeller and motor stand. Medium head pressure pump. See through lid allows quick visibility alerting you if your trap needs to be cleaned. Stainless steel seals for quiet operation."}
{"_id": "439719", "title": "", "text": "Without getting to hung-up on terminology here, the management of a company will often attempt to keep stock prices high because of a number of reasons: Ideally companies keep prices up through performance.  In some cases, you'll see companies do other things spending cash and/or issuing bonds to continue to pay dividends (e.g. IBM), or spending cash and/or issuing bonds to pay for stock buybacks (e.g. IBM).  These methods can work for a time but are not sustainable and will often be seen as acts of desperation.  Companies that have a solid plan for growth will typically not do much of anything to directly change stock prices. Bonds are a bit different because they have a fairly straight-forward valuation model based on the fact that they pay out a fixed amount per month.  The two main reason prices in bonds go down are: The key here is that bonds pay out the same thing per month regardless of their price or the price of other bonds available.  Most stocks do not pay any dividend and for much of those that do, the main factor as to whether you make or lose money on them is the stock price. The price of bonds does matter to governments, however.  Let's say a country successfully issued some 10 year bonds last year at the price of 1000.  They pay 1% per month (to keep the math simple.)  Every month, they pay out $10 per bond.  Then some (stupid) politicians start threatening to default on bond payments.  The bond market freaks and people start trying to unload these bonds as fast as they can.  The going price drops to $500.  Next month, the payments are the same.  The coupon rate on the bonds has not changed at all.  I'm oversimplifying here but this is the core of how bond prices work. You might be tempted to think that doesn't matter to the country but it does.  Now, this same country wants to issue some more bonds.  It wants to get that 1% rate again but it can't.  Why would anyone pay $1000 for a 1% (per month) bond when they can get the exact same bond with (basically) the same risks for $500?  Instead they have to offer a 2% (per month) rate in order to match the market price. A government (or company) could in fact put money into the bond market to bolster the price of it's bonds (i.e. keep the rates down.)  The problem is that if you are issuing bonds, it's generally (caveats apply) because you need cash that you don't have so what money are you going to use to buy these bonds?  Or in other words, it doesn't make sense to issue bonds and then simply plow the cash gained from that issuance back into the same bonds you are issuing.  The options here are a bit more limited.  I have to mention though that the US government (via a quasi-governmental entity) did actually buy it's own bonds.  This policy of Quantitative Easing (QE) was done for more complicated reasons than simply keeping the price of bonds up."}
{"_id": "439722", "title": "", "text": "Total employment will drop by 1 million or more but - according to your CEPR study, thanks to TTIP, average household income may rise by as much as 527 euros a year by 2027.   Some of that may be offset by loss of social benefits, for example, the average American spends around $250,000-$300,000 or more over his or her lifetime for health care over an identical Canadian."}
{"_id": "439738", "title": "", "text": "&gt; What principle justifies the right of government to label a firm as 'too big to exist'?  When a Business entity is so large and powerful its failure threatens the safety and well being of the nation it is based / present in.  &gt; What actions should a government be able to institute in these cases    The government should be able to forcefully break up the company into smaller groups, or instate laws and regulations that promote competition and allow smaller businesses the ability to compete.  &gt;and what principles justify these actions?   National preservation. Your business will never ever be more important than the well-being of the country, and every government of every nation of the world has the full and unquestionable right to make decisions and take actions that safeguard the safety and stability of themselves.  Wow, that was incredibly easy to answer"}
{"_id": "439757", "title": "", "text": "Dollar cost averaging moderates risk. But you pay for this by giving up the chance for higher gains. If you took a hundred people and randomly had them fully buy into the market over a decade period, some of those people will do very well (relative to the rest) while others will do very poorly (relatively). If you dollar cost average, your performance would fall into the middle so you don't fall into the bottom (but you won't fall into the top either)."}
{"_id": "439762", "title": "", "text": "\"MS4 still undecided about specialty. And it sucks. I literally have no idea what I want to do. I have ruled out some big ones, but on my list (no joke) are peds subspecialty, ortho, ENT, derm, rads, IR, anesthesia. All f***ing over the place. Half of these I probably can't do because I didn't know I want to be an orthopod since I was 5, don't have 7 years of research with 10 pubs, and am not best friends with the chairman. I want to be a surgeon but I want to have a life. I want to make money but I want to be happy at work. I want to work hard but not sacrifice my family. There are some of us who know what they want to do (eureka moment), most of us figure it out as we go along, and a few of us aka me are paralyzed with fear and have no clue what the hell to do.  /u/brobroygmi lied on the inter webs. He's a med student  His \"\"business\"\" is obviously not what he's trying to make it sound like it is.\""}
{"_id": "439779", "title": "", "text": "I want to shop in the currency that will be cheapest in CAD at any   given time. How do you plan to do this? If you are using a debit or credit card on a CAD account, then you will pay that bank's exchange rate to pay for goods and services that are billed in foreign currency. If you plan on buying goods and services from merchants that offer to bill you in CAD for items that are priced in foreign currency (E.g. buying from Amazon.co.uk GBP priced goods, but having Amazon bill your card with equivalent CAD) then you will be paying that merchant's exchange rate. It is very unlikely that either of these scenarios would result in you paying mid-market rates (what you see on xe.com), which is the average between the current ask and bid prices for any currency pair. Instead, the business handling your transaction will set their own exchange rate, which will usually be less favorable than the mid-market rate and may have additional fees/commission bolted on as a separate charge.  For example, if I buy 100 USD worth of goods from a US vendor, but use a CAD credit card to pay, the mid-market rate on xe.com right now indicates an equivalent value of 126.97 CAD. However the credit card company is more likely to charge closer to 130.00 CAD and add a foreign transaction fee of maybe $2-3, or a percentage of the transaction value. Alternatively, if using something like Amazon, they may offer to bill the CAD credit card in CAD for those 100 USD goods. No separate foreign transaction fee in this case, but they are still likely to exchange at the less favorable 130.00 rate instead of the mid-market rates. The only way you can choose to pay in the cheapest equivalent currency is if you already have holdings of all the different currencies. Then just pay using whichever currency gets you the most bang for your buck. Unless you are receiving payments/wages in multiple currencies though, you're still going to have to refill these accounts periodically, thus incurring some foreign transaction fees and being subject to the banker's exchange rates. Where can I lookup accurate current exchange rates for consumers? It depends on who will be handling your transaction. Amazon will tell you at the checkout what exchange rate they will apply if you are having them convert a bill into your local currency for you. For credit/debit card transactions processed in a different currency than the attached account, you need to look at your specific agreement or contact the bank to see which rate they use for daily transactions (and where you can obtain these rates), whether they convert on the day of the transaction vs. the day it posts to your account, and how much they add on ($ and/or %) in fees and commission."}
{"_id": "439797", "title": "", "text": "Got the source for China asking for money? I would like to read that and educate myself.   China put in more solar last year than the entire world combined. Never underestimate China, they are not bogged down by a bloated irrelevant government. They can just make a decision and go for it. Just walk around their cities and look at the infrastructure they pull off. It's staggering and puts anything in North America to shame."}
{"_id": "439831", "title": "", "text": "That's just one type of strong culture. Take an investment banking firm. Super strong culture - you wear a suit and tie, work long hours, and has formalized hierarchy. This is the other extreme of strong culture. Companies do it because it becomes a self selecting group of individuals, and plenty of research shows that these employees tend to stick around longer and are generally happier. Employees that don't fit that culture eventually weed themselves out and find a better fit somewhere else. We can also compare companies like Facebook to Amazon, both are tech companies, but both have strong but different cultures. The employees that last longer and get promoted are the ones that best fit that culture."}
{"_id": "439840", "title": "", "text": "\"My bank's bill payment system saves nothing more than writer's cramp and stamps.  When a paper check is required they mail it, but it's drawn on my account just as if I'd written it out by hand and mailed it myself.  There is no \"\"temporary account\"\", and at the time of month when I take care of the bills, my balance oscillates up and down depending on what's cleared and what hasn't.  I'm going back to mailing checks because it saves a day or two of time between payment initiation and check clearing, which sucks.  And electronic payments aren't much better.  It recently took about five days for a payment to my car insurance company to be processed--and the amount is finalized and subtracted in the bank's website only after clearance.  I can't know what I have without balancing the account every. frigging. time. IIRC bill payment systems were a lot more seamless and user friendly when they first became widespread.\""}
{"_id": "439845", "title": "", "text": "\"I'm not the commenter you replied to, so I didn't bother addressing the rest since it wasn't directed to me. I was merely pointing out that once again you're bringing utilities into the discussion, which is irrelevant because PayPal *is not a utility.*  Also, it's laughable that you're trying to compare hospitals being allowed to \"\"let someone die based on their political views\"\" to a being denied use of a money transfer/credit card processing service.   Try relevant comparisons and maybe you'll get farther with a discussion.\""}
{"_id": "439855", "title": "", "text": "Manufacturer of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries-The acidic ramming mass produced by us ensures optimum quality and output and better architectural control.\u00a0In Our organization Ramming mass is processed using high grade quality of chemical compounds and advanced technology in keeping with industrial quality standards.\u00a0Silica Ramming mass is being formulated by our well qualified team of professional using advanced production process."}
{"_id": "439899", "title": "", "text": "First pay off all existing debt. Then set up at least 6 month emergency fund.  Freelancing exposes you to way more risks than employment. Then buy GIC's to cover and match the maturity of  your expected education fees. Only 'play' with what is left.  Don't over think it.  Buy a low-cost (less than 0.5%) passive large-index mutual fund covering either the S&P or TSX."}
{"_id": "439900", "title": "", "text": "This is really important for business in general.  Silicon Valley goes through more venture capital in a year than most countries spend in their budgets or make with their GDP.  Almost none of that goes to women founders and there is every reason to believe that is largely because of the poisoned culture.  So this is really big no matter how you measure it, whether you focus strictly on following the money or zoom out to consider the cultural implications of small business support structures being not merely male dominated but thoroughly exclusionary toward women.  Women play an increasingly important role in commerce because of the need for social skills."}
{"_id": "439929", "title": "", "text": "I mean sure but there have [been underlying problems with Whole Foods business](https://www.forbes.com/sites/brycehoffman/2017/04/30/the-problem-with-whole-foods/#4ac1755019d6) for a while.   I'm trying to understand why Amazon would specifically target Whole Foods vs another Grocery chain. Does the relative decline of Whole Foods market put it in a place where Amazon can acquire it for a discount? I'm guessing yes, but the source article is rather short on reasons."}
{"_id": "439934", "title": "", "text": "No. Firstly I think that free market economic theories of healthcare are ungrounded because there is no such thing as consumer who can make properly informed customer.  And secondly, an economist can never understand the risks associated with healthcare because they will never have a patient die as a result of their decision making. Being an economist is a trivial job when compared to being a doctor. Losing money is not remotely the same as inadvertently causing a patient's death.  So they will never really understand the forces that motivate the healthcare economy."}
{"_id": "439935", "title": "", "text": "\"I mean, I'd say \"\"no shit\"\". The model is easy to reproduce (see the inverse model proposed by CHX and the new NYSE American), and people don't have a real incentive to trade there. IEX's main selling point to the buy side was the reduced price impact order router, which ultimately went away when they became an exchange.  Listings could be interesting, but I can't see why any company that doesn't have some sort of statement to make would want to list there versus the big two, or BATS. Hell, even BATS, a much more established market, has had a hard time drawing listings.  I'm glad they've seen a small bump in market share in the last few months, but I can't see them becoming one of the big three players any time soon (especially after having shat all over the industry during their launch period).  Side note: The UTP SIP (and soon the CTA SIP) are both **much** faster than when IEX went live. Turns out inside updates via the SIP are received faster than the prop market data feed, and faster than updates received over an order entry connection. Under these circumstances the street knows a trade occurred before the participants in the trade. This information asymmetry often results in market makers getting run the hell over, and makes them less likely to quote at the inside on your market.\""}
{"_id": "439942", "title": "", "text": "Two cases: You take the credit and reinvest the cash equivalent (be it a savings account or otherwise), yielding you the x% at virtually zero risk. Unless of course you consider possibility of your own negligence a risk (in case of missed payments, etc.). You pay by cash and have the peace of mind at the cost of that x%. The ultimate decision depends on which you value more - the $ you get from x%, or the peace of mind."}
{"_id": "439946", "title": "", "text": "Thing is, everyone said he was too stupid to scam people. But that kid has heart.. He never gave up and eventually showed us all that if we work hard and think positively we too can rob the fuck out of people..  I cried."}
{"_id": "439959", "title": "", "text": "I used to think that paying off ahead of time made sense, but I no longer do, at least in most cases.  The upside is that you can get a return on your money equal to the mortgage interest rate (it's less than that in the US, where mortgage interest is deductible, so it's roughly the mortgage interest rate * 1 - your marginal income tax rate).  There are a few downsides. The biggest is that cash is the most liquid asset you can have; you can get at it with no restrictions. If you put that cash into your house, you are converting that into an asset with a lot of restrictions; you can't get at it without fees, nor can you get at it if you don't have a job, which is when you would need it most.  So, you are putting your money in a hard-to-get-at place for a small interest rate. I don't think it is worthwhile. (edit) One complication is PMI. If you are currently paying PMI, it may make sense to put money towards the mortgage until you get to 20% and can get rid of the PMI."}
{"_id": "439995", "title": "", "text": "It depends on your tax rate. Multiply your marginal rate (including state, if applicable) by your 3.1% to figure out how much you are saving through the deduction, then subtract that from the 3.1% to get the effective rate on the mortgage. For example, if you are in the 28% bracket with no state tax impact from the mortgage, your effective rate on the mortgage is 2.232%. This also assumes you'd still itemize deductions without the mortgage, otherwise, the effective deduction is less. Others have pointed out more behavioral reasons for wanting to pay off the car first, but from a purely financial impact, this is the way to analyze it. This is also your risk-free rate to compare additional investing to (after taking into account taxes on investments)."}
{"_id": "439999", "title": "", "text": "\"&gt;So people buying houses with inflated prices that they couldn't really afford isn't the problem?  I don't know the guy's exact financial situation besides the fact that he is upside down and he has good credit but I'd wager that for this gentlemen it's not a matter of him \"\"not being able to afford the home\"\"  but a matter of he can't get a lower interest rate from his bank.   If he couldn't afford the home, he would have declared bankruptcy a long time ago when the bubble burst.\""}
{"_id": "440012", "title": "", "text": "\"The key part of your question is the \"\"so far\"\".  So you didn't need a credit card today, or yesterday, or last month - great!  But what about tomorrow?  The time may come when you really need to spend a little more than you have, and a credit card will let you do that, at a very modest cost if you pay it off promptly (no cost, if paid within 30 days). I learned this when I was traveling and stranded due to bad weather.  I had almost nothing in my bank account at the time, and while I actually did have a small student-type credit card, I came really close to having to sleep at the train station when I didn't have enough for another night in a hotel. As an example, if you have close friends or family living across the country, and something tragic were to happen, would you be able to pay for a flight to attend the funeral?  What if you'd recently had an accident and a big medical bill (it doesn't take much, a broken arm can cost $10,000)?  Perhaps you have a solid nest egg, but breaking a CD ahead of schedule or taking short-term capital gains on a mutual fund will usually cost more than one or two months of interest payments.\""}
{"_id": "440019", "title": "", "text": "Chances are high your friend isn't in it for the money, but the community or some vague dream of having a future income-generating side business because he can't get a loan for a 7-11 franchise. I run a few successful online businesses and had an import/export so naturally I run into these guys looking for advice on selling their MLM wares easier. I always point out they can make a lot of money cutting out the middle man MLM distributor and buy the same products from eBay or the same local supplier the MLM uses for a fraction of costs...then collect all the profit sans kickbacks to their host MLM goon/sponsor/father. I've never had anyone that bailed on the MLM, but I could see their eyes gloss over after they realized their own middle man is holding them back from making a lot of money (assuming they could offload that stuff). People actually in it for the money tend to bail (better sales job exist, MLM dreams don't pay rent, etc.) so you'll probably just need to isolate your friend from these losers somehow. You could investigate his sponsor and find out how much money he's actually making....if he tells your friend he's rich, but you find out he lives in the slums with his mom, your friend might bail on friendship/association with the group out of sheer disgust. It's the friends, not the logic you need to attack. His MLM friends would consider it a betrayal if he left them so you need to show him it's the MLM group that's betrayed his friendship. Point out all the long-term members driving junky cars to events who brag about their $$$. Laugh at the piss poor finance credentials of the local group leaders....ask where the investor perks are and suggest the sponsor/leaders are just hording them. Point out that he's a success and the fellow team members are just milking him to prop up their failing investments/sales/recruitment numbers. Nobody wants to let a team down....but the team isn't good enough for him. Deep down he knows the logic is questionable or at least risky/improbable, but his faith in the good intentions of his MLM cohorts is high.....crush that faith and all he's left with is bad finance tips or cheap protein shakes."}
{"_id": "440030", "title": "", "text": "\"Based on the updated information  \"\"I'm able to get my health insurance in full from my old job which is   why still have it(ABC). Anthem Blue cross only costs me about 15   dollars a month. At my new job I work full time so I took up the   healthcare because eventually I will more than likely get rid of my   old one(or loose it).\"\" There are a couple of issues:  The old company will no longer be paying for the ABC policy, you will have to cover the entire cost. The cost could be significantly m ore than $15 a month. One will be primary and one will be secondary. You will have to tell them about each other. How they will interact when one is a percentage and the other a copay will have to be investigated. Look back at all your procedures from last year, and ask how they would cover them. You will also need to see if your doctors and specialists are in both networks. This could create situations where the 2nd policy provides no coverage because you went out of their network. You could also require multiple referrals.\""}
{"_id": "440039", "title": "", "text": "Is eToro legitimate? If you have any doubts about eToro or other CFD providers (or even Forex providers, which are kind of similar), just type      eToro scam in Google and see the results."}
{"_id": "440061", "title": "", "text": "It appears to me that the tax code gives significant advantages to being a corporation as opposed to being a person due to the relative ease of legal tax avoidance.   As an individual, avoiding taxes is much harder than it is for a corporation.   I mean, why can't I claim my deficit last year as an operating loss and use it to offset my taxes?  I mean suppose I had to borrow money to afford food, that's pretty vital to my business (staying alive) operations. Why can't I offset my income with my borrowing like a corporation can?"}
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{"_id": "440073", "title": "", "text": "Your university should have a finance department which can help with payments. Speak with them and tell them you have interest in paying for at least part of your next semester in cash. From here they should be able to tell you the best method for this, though most likely cash/check will suffice. If there is no finance department, or you are still unsure, check with student services for more information."}
{"_id": "440086", "title": "", "text": "**Modigliani\u2013Miller theorem**  The Modigliani\u2013Miller theorem (of Franco Modigliani, Merton Miller) is a theorem on capital structure, arguably forming the basis for modern thinking on capital structure. The basic theorem states that in the absence of taxes, bankruptcy costs, agency costs, and asymmetric information, and in an efficient market, the value of a firm is unaffected by how that firm is financed. Since the value of the firm depends neither on its dividend policy nor its decision to raise capital by issuing stock or selling debt, the Modigliani\u2013Miller theorem is often called the capital structure irrelevance principle.  The key Modigliani-Miller theorem was developed in a world without taxes.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "440091", "title": "", "text": "Companies typically release their earnings before the market opens, and then later host an analyst/investor conference call to discuss the results. Here's a link to an interesting article abstract on the subject:  Disclosure Rules For Earnings Releases And Calls | Bowne Digest.  Excerpt: In the aftermath of the   Sarbanes-Oxley Act, the SEC changed   regulations to bring quarterly   earnings announcements in line with   the generally heightened sensitivity   to adequate disclosure. New   regulations required that issuers file   or furnish their earnings press   releases on Form 8-K and conduct any   related oral presentations promptly   thereafter, to avoid a second 8-K. [...] Sample from a news release by The Coca Cola Company: ATLANTA, September 30, 2009 -   The   Coca-Cola Company will release third   quarter and year-to-date 2009   financial results on Tuesday, October   20, before the stock market opens. The   Company will host an investor   conference call at 9:30 a.m. ( EDT ),   on October 20. [...] Sample from a news release by Apple, Inc.: CUPERTINO, California\u2014January 21,   2009\u2014Apple\u00ae today announced financial   results for its fiscal 2009 first   quarter ended December 27, 2008. The   Company posted record revenue of [...]   Apple will provide live streaming of   its Q1 2009 financial results   conference call utilizing QuickTime\u00ae,   Apple\u2019s standards-based technology for   live and on-demand audio and video   streaming. The live webcast will begin   at [...]"}
{"_id": "440103", "title": "", "text": "A lot of smaller (and/or weaker) countries did not have much choice when Germany and France decided to rename the German Mark as the Euro, as most of their trade was already in Marks.  It was even common for their population to have their savings in Marks.   So the question was. Do we wish to have to use the Euro   with or without a seat on the board? It was a no brainer for them at the time... The UK has a lot of trade with the USA and other countries outside of the Euro zone, so we are unlikely to have to join the Euro.    So in the end it comes down to this point -  if the British voters trust a UK government they elected more or less than an EEC government mostly elected by people in the other EEC countries. I don\u2019t think the UK will be joining the Euro anytime soon, but everything can (and will) change with the passage of time.  (After all the USA used to be part of the pound trading zone and please can you pay us all the back dated tax you stop paying after a little tea party!) Update: Given what has just happen to Grease and Spain and the Conservative Party has the most seats in the UK parliament, I don\u2019t think the UK will not be joining the Euro for the next 5 years at least"}
{"_id": "440121", "title": "", "text": "Well they don't have a fiduciary duty to be politically correct lol. Just politically correct if it relates to profitability. And I guess you're right that if they waste time and energy there... they might have been able to use it elsewhere.  But honestly this is a gang of crooks. And you can see it in the compensation plans. Most of them have nothing better to do."}
{"_id": "440123", "title": "", "text": "\"would constantly fluctuate and provide an indication of how well the market is doing. The index is there to tell if you made profit or loss by investing in the market.  Using a pure total market cap will only tell you \"\"Did IPO activity exceed bankruptcy and privatization activity\"\".\""}
{"_id": "440164", "title": "", "text": "\"If your income stream goes up, it would usually increase both your \"\"income\"\" term and your \"\"assets\"\" term since that money sits in your bank account as an asset. (Even more likely a combination of assets and expenses go up if you have cost associated with the increase in income.)  In this case, they balance in the equation and your equity doesn't change. The question as you posed it is true mathematically, but the \"\"paradox\"\" happens because you're not taking into account where the money form the increased income falls in other terms of the equation.\""}
{"_id": "440175", "title": "", "text": "your request was fine. Business is multi-disciplinary and requires seeing things from many aspects, changing your perspective regularly. Our CEO changes which dimensions to evaluate his business every six months - at the top is porfitable growth, then every aspect of the business that influences that outcome is flipped and re-examined.   He's been remarkably successful his entire career"}
{"_id": "440179", "title": "", "text": "ESPP shares, once purchased, are just normal shares that you got at a discount. They're just as much a part of your current net wealth as any other shares of stock. What you can't do is claim that discount increases your salary, even if it does result in your effectively taking home more money. It's a benefit like the company contribution to your health plan, not a bonus."}
{"_id": "440180", "title": "", "text": "That's only one of an array of factors. If, for example, there was political will to tackle it and a global market capable of supporting it, sure, I could see that getting done... but in our current situation? I'm not convinced."}
{"_id": "440198", "title": "", "text": "&gt; I insist that their real wealth situation is better than ours because of the consistent positive infusion of foreign wealth from superior physical exports  Yes, let's talk real wealth. In real terms, being a net exporter means you work and use real resources to make real goods which you then ship away to improve someone else's standard of living. In return, you get a *smaller* pile of real goods that contribute to your standard of living plus a pile of foreign currency to make up the difference. ...hooray? You're coming out ahead in financial terms but in real terms of trade you're losing.  &gt;That's the argument you've been supporting this entire time!!! Nice pivot, man &gt;: [  Not a pivot at all. Emphasizing the bottom line, which is *real* constraints as opposed to financial. Saying we can't run out of dollars isn't the same thing as saying we can't run *into* other limits. I want to make clear what those limits are.  The fact you called it a pivot confirms the need for me to spell it out."}
{"_id": "440213", "title": "", "text": "\"The extent that you would have problems would depend on if the annuity is considered Qualified or Non-Qualified. If the annuity is qualified that means that the money that was put into it has never been taxed and a rollover to an IRA is simple.  The possible issues here are tax issues and a CPA is likely the best person to answer this question.  Two other things to consider in such an event is the loss of any 'living benefit' or 'death benefit'. Variable annuities have been through quite the evolution in the last 15 years. Death benefits have been around longer than living benefits but both are usually based on some derrivitive of a 'high water' mark of the variable sub accounts. You might want to ask Hartford the question \"\"...how will my living or death benefits be affected if I roll this over\"\".\""}
{"_id": "440219", "title": "", "text": "According to the IRS:  To deduct a bad debt, you must show that: So if you fulfill the basic requirements, then generally yes, you can deduct them from your taxes.  However, as always, please refer to a professional CPA for any final tax determinations."}
{"_id": "440220", "title": "", "text": "Uhm, this is my disclaimer that this is not financial advice. But. I would imagine a decent amount of high growth tech will go into the toilet. Also cyclicals that are heavily reliant on the low cost of short term capital. But really these are just some intuitive guesses. It would really depend on what the mechanism and impact of a future recession would be.   Curious though, why do you personally think a recession is looming? I know there's been a lot of talk but per the VIX, investors' worries don't appear to be affecting their behavior too much (at least in equities).   I think the big risk is the Fed not being able to control the yield curve, i.e if short term rates increase but the Fed can't or won't shrink the balance sheet enough to impact long term rates. Just an idea."}
{"_id": "440231", "title": "", "text": "\"Moving oil trade out of dollars into yuan will take right now between $600 billion and $800 billion worth of transactions out of the dollar\u2026   When this happens, the US dollar should drop to about 50% of it's current value and at that point, the US century will be over. What happens after that is anybodies guess but I expect that the US will have to either use it's military to shore up the dollar in exactly the same way they did when the invaded Iraq to prevent the sale of oil in Juan OR the US will blink and it's expensive military around the world will have to be clawed back. Simply put, the US will no longer be the world's policeman\"\".\""}
{"_id": "440239", "title": "", "text": "Not all will be sold though. They projected their corporate leasing / normal leasing to substantially grow since it was just started and some will end up in inventory at year end. Still is pretty impressive that they anticipate that much demand for a luxury car. Their letter to investors is really insightful too... I highly recommend you take a look at it."}
{"_id": "440256", "title": "", "text": "On a summary level, there are three conceptual ways of clearing money electronically. Immediate clearing, where banks (often, but not necessarily) with support of the supervisory entities, send immediate drawing rights against their own cash reserves, and dedicate this right to the account of the receiving customer. This is rather expensive, as it limits the banks ability to use their cash reserves for their own banking operations (crediting etc). This is often the only way to wire significant (in comparison to the bank size) amounts of money.  Internal clearing, where the money actually never leaves the bank - it's just moved between accounts of two different customers of the same bank. It's usually free, as the bank is still free to use your money to do it's banking, and it's usually immediate since nothing actually needs to happen besides a change in the banks entries.  Batch clearing, where banks submit outstanding requests against each other, and calculate the net settlement. Basically, when you from bank A wire money to me in bank B, there is a high chance that a similar amount of money is wired between two other users it the opposite direction. After a bit of accounting the net imbalance is computed (and often drawn via immediate clearing) but the bulk of the money actually never leaves any of the banks, it just is reassigned between each banks customers as per agreed books.  There are also additional ways where companies decide to open accounts in each of the banks and provide some sort of immediate clearing backed by the operators cash reserves rather than the banks.. and so on.. How does it happen in Indonesia? I have no idea, but I think a good overview of how it happens around the world is a publication by a partner entity of ours; http://pymntsreportstore.com/products/global-wire-transfer-choices If you are really curious, I'd research under what legal form does Paypal Indonesia operate (it should be somewhere in the archives) and figure out what other wiring options are available."}
{"_id": "440261", "title": "", "text": "\"&gt;For IT departments internally billing is essential for managing expectations. Otherwise they are treated as an endless pool of free resources.  It -- chargeback/internal billing -- can (and I have seen this in action) also work the opposite way; it can allow IT to \"\"tax\"\" other departments inordinately and continue to operate inefficiently.  The devil is always in the details; and the chief problem with chargeback systems is when things are \"\"genericized\"\"  (for example charging \"\"set rates\"\" to each department based on CPU count {regardless of whether one unit in one department is a high-power CAD station, or file-server, and the equivalent of a \"\"netbook\"\" in other departments} -- or likewise by the number of printers {regardless of type, charging a massive workgroup printer the same $500 per unit annual \"\"support\"\" cost as a label-printer that only cost $50 retail, etc.})  And likewise with the \"\"IT shouldn't actually charge-back labor\"\" -- you still create the \"\"endless pool of resources\"\" problem, just in the form of labor rather than equipment.  Basically internal charge-back systems CAN function -- *if they are properly constructed, and PROPERLY adjusted to take into account different (and changing) costs* -- but far too many companies \"\"implement\"\" such a thing, and then let it fossilize (where it ends up creating the same kinds of unnecessary and troublesome distortions that it was purportedly put in place to solve).\""}
{"_id": "440267", "title": "", "text": "FYI, the proposed cuts to food stamps would need to be compensated by an increase fo ~$50,000/church for local food-based organizations to make up the difference.  If you want your giving to make up for government programs, you'd best be prepared to give a lot."}
{"_id": "440270", "title": "", "text": "The Fed is trying to keep the money supply growing at a rate just slightly faster than the increase in the total production in the economy. If this year we produced, say, 3% more goods and services than last year, than they try to make the money supply grow by maybe 4% or 5%. That way there should be a small rate of inflation. They are trying to prevent high inflation rates on one hand or deflation on the other. When the interest rate on T-bills is low, banks will borrow more money. As the Fed creates this money out of thin air when banks buy a T-bill, this adds money to the economy. When the interest rate on T-bills is high, banks will borrow little or nothing. As they'll be repaying older T-bills, this will result in less growth in the money supply or even contraction. So the Feds change the rate when they see that economic growth is accelerating or decelerating, or that the inflation rate is getting too high or too low."}
{"_id": "440297", "title": "", "text": "I don't have preexisting conditions. I am only speaking of how *my own personal* healthcare situation got worse because of the ACA.   I did used to use the dental and vision portions of my company-provided insurance regularly but I don't have that as part of my ACA insurance because again, it is unaffordable."}
{"_id": "440305", "title": "", "text": "In that case, forget this whole pot shop and look into buying some REITs (Real estate investment trusts).  Or invest in QCLN, a ETF that invests in companies that produce and distribute green energy.   You're looking for a get rich quick scheme, not a solid investment. You don't even have any money. You can't afford to lose $92,000 when you have $0."}
{"_id": "440328", "title": "", "text": "The deadline for submitting a claim was September 4th, 2016 - therefore you are no longer eligible.  That being said, you probably did not miss much. According to the settlement notice you can expect to be paid about 14 cents per share, on claims exceeding $10 (below $10 you don't get paid). Read the settlement notice for more info."}
{"_id": "440346", "title": "", "text": "I really like wireless charging, not a deal breaker though. I find the larger screen more usable. I rarely use my phone for calling anymore, so the increased size if helpful. My phone spends most of its time held horizontally.    I also really like the customization.  I know this isn't for everyone. I am a tinkerer so I like android for the same reason I like PCs. There is just a lot more freedom.   Apple products are great but I find them more like appliances they work and typically they work well.   I like my nexus devices I have had for their bang for the buck value as well. I like buying an unlocked device for a great price. I occasionally travel for work and I like having  an unlocked device.   I also hate being locked into a contract, so the purchase price really helps compared to an iPhone.  My biggest problem with android is the lack of accessories. I wish we had the amount that apple users do. It is all worth it though.   I am open to having an iPhone. I am always looking over the fence but I feel their high cost of entry will keep me away unless something amazing happens with them."}
{"_id": "440347", "title": "", "text": "Pollution through industrialization, construction activities are some of the critical threats surrounding the wildlife and forests in India. It is very important to maintain a balance between environment and development. So, it is mandatory to obtain clearance from National Board for Wildlife for any amusement of land, water from a sanctuary, as per Section 29 of the Wild Life Protection Act, 1972. National Board for Wildlife estimates the informative impact on biodiversity of the protected area. Website: http://www.propertydocumentverification.com/blog/clearance-from-national-wildlife-board/"}
{"_id": "440355", "title": "", "text": "There's absolutely nothing wrong with unskilled labor.  But Walmart is such a large part of the US economy that an increase in their wage base would definitely have an impact on inflation, so that any broad based increase they gave would likely have a marginal impact on quality of life.  It would also make their items more expensive two times over, one, because it would cause inflation that other employers have been resisting raising wages to keep pace with, and the more direct route of increased costs.    Whatever you pay unskilled labor, the market will simply raise prices to a level where unskilled labor still have a tough time affording a comfortable lifestyle.  Look at Australia as an example of what happens when you raise the minimum wage too high."}
{"_id": "440362", "title": "", "text": "I started a copy shop in 1996 and found my notebook from that period just the other day. I was OBSESSED with copyright issues and how Kinko's had closed 25% of their stores -- mostly in college towns where they do course packs. Turns out, if you're NOT a multi-million dollar national chain, the book publishers DON'T want anything to do with persecuting you.   You're overthinking it IMHO. Talk to an insurance agent and a lawyer and you should be fine."}
{"_id": "440366", "title": "", "text": "\"I have them and they screwed up signed me up for a $25 a month internet plan then when my internet wasn't working on the date it was supposed to be activated I called them and they suspended my account till a technician could come by. I live in a super old house so I expected problems. That's fine. A week later I had internet but my bill was changed to $50 a month and a different account number. And there is apparently \"\"no record\"\" of $25 a month even or account even happening.\""}
{"_id": "440370", "title": "", "text": "The essential difference b/n ADR and a common share is that ADR do not have Voting rights. Common share has.  There are some ADR that would in certain conditions get converted to common stock, but by and large most ADR's would remain ADR's without any voting rights. If you are an individual investor, this difference should not matter as rarely one would hold such a large number of shares to vote on General meeting on various issues. The other difference is that since many countries have regulations on who can buy common shares, for example in India an Non Resident cannot directly buy any share, hence he would buy ADR. Thus ADR would be priced more in the respective market if there is demand. For example Infosys Technologies, an India Company has ADR on NYSE. This is more expensive around 1.5 times the price of the common share available in India (at current exchange rate). Thus if you are able to invest with equal ease in HK (have broker / trading account etc), consider the taxation of the gains in HK as well the tax treatment in US for overseas gains then its recommended that you go for Common Stock in HK. Else it would make sense to buy in US."}
{"_id": "440373", "title": "", "text": "I say get rid of the awful ones but keep the good ones. Man, oh man, have I worked with middle managers that took care of a lot of mundane stuff like interdepartment relations, politics, filling out applications and having to even deal with tech support. I'm not sure if I want to deal with the suits or not.  Now, there gets to be problems when you overdo it with the layers. Also, it gets problematic if too many back-scratchers and people protective of their own asses get involved."}
{"_id": "440376", "title": "", "text": "Apart from who owes the debt you also have to consider how likely it is for the country to pay off its debt. Greece has no major industries, no reliable source of income either. Japan on the other hand is one of the world's biggest manufacturing nations."}
{"_id": "440388", "title": "", "text": "Teachers make great money, get even better benefits, and work a part time job.  In Dallas, they start at over 50k, get a benefits package including early retirement that is impossible to get in the private sector, and only work 180 days a year."}
{"_id": "440395", "title": "", "text": "Shareholders are NOT better off in the *long* run if they drive the legitimate streaming companies out of business.  If they took 20% less, they'd had a reliable stream of income for virtually forever. If they don't, they collect more for a few years, then get busted down to zero when the streaming companies go out of business and people just go back to stealing music."}
{"_id": "440396", "title": "", "text": "I work as a fb ad freelancer, so many people buy from fb. What makes fb ironic is that nobody logs in and says 'ah time to buy some shoes'. But with good content and a nice funnel, lots of brands are selling."}
{"_id": "440411", "title": "", "text": "This article is hilariously wrong.  They studied companies that are already structured in such a way that they pay far less than statuatory rates.  The VAST majority of companies do not have sprawling international operations and cannot benefit from these types of structures, thus they are paying tax rates far closer to statuatory rates.  The study is looking at the WRONG companies and drawing a false conclusion from them.  It\u2019s simple math.  Reducing tax rates makes companies more profitable, providing more capital for expand and grow.  Growth requires adding employees.  Only a moron would argue that companies are better off and will grow faster when more of their profits are taken from them via taxation."}
{"_id": "440415", "title": "", "text": "Not if the bonuses are also on a grid. At my work it's the same way -- you get paid a certain amount for every year of tenure you have at the company (outside experience generally doesn't count) and then the bonus varies depending on how your performance rating goes. Everybody knows what the bonus levels are."}
{"_id": "440417", "title": "", "text": "\"Don't put money in things that you don't understand. ETFs won't kill you, ignorance will. The leveraged ultra long/short ETFs hold swaps that are essentially bets on the daily performance of the market. There is no guarantee that they will perform as designed at all, and they frequently do not. IIRC, in most cases, you shouldn't even be holding these things overnight. There aren't any hidden fees, but derivative risk can wipe out portions of the portfolio, and since the main \"\"asset\"\" in an ultra long/short ETF are swaps, you're also subject to counterparty risk -- if the investment bank the fund made its bet with cannot meet it's obligation, you're  may lost alot of money. You need to read the prospectus carefully. The propectus re: strategy. The Fund seeks daily investment results, before fees and expenses, that correspond to twice the inverse (-2x) of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day. The prospectus re: risk. Because of daily rebalancing and the compounding of each day\u2019s return over time, the return of the Fund for periods longer than a single day will be the result of each day\u2019s returns compounded over the period, which will very likely differ from twice the inverse (-2x) of the return of the Index over the same period. A Fund will lose money if the Index performance is flat over time, and it is possible that the Fund will lose money over time even if the Index\u2019s performance decreases, as a result of daily rebalancing, the Index\u2019s volatility and the effects of compounding. See \u201cPrincipal Risks\u201d If you want to hedge your investments over a longer period of time, you should look at more traditional strategies, like options. If you don't have the money to make an option strategy work, you probably can't afford to speculate with leveraged ETFs either.\""}
{"_id": "440418", "title": "", "text": "Yah, I haven't played in this space very much. My only exposure was visiting a weather insurance company who wanted the fund I was at to take the other side of their bets - paying us a fixed amount and having us cover them whenever their losses were over a certain amount for the month. It looked like a pretty bad deal, but apparently some multi-strat hedge-fund eventually went with it for the uncorrelated beta."}
{"_id": "440424", "title": "", "text": "\"&gt; hating on women you stupid bitch  Oh the irony!  &gt; Employers don't want to have to incur the cost and expectation of women leaving work for eight weeks.  Because reproducing for more workers is a useless endeavor.  &gt;  Get it through your stupid feminist head that when you demand laws for special benefits they end up biting you in the ass later on. You asked for this shit so shut the fuck up and take it.  I think you're the bitch.  You have to let out your aggressions on the internet tough guy.  How about me and you meet at the bar of your choosing, so I can show you just how much of a little pussy bitch you are.  You wanna bet I could knock you out with my right hand tied behind my back?  Naw, nevermind.  You ain't worth it.  When you can't reproduce, or some stupid chick falls for your stupid dick head ways and does fall pregnant with your degenerate offspring, I hope she and your child hate you forever.  I hope your son says, \"\"My dad was a cocksucker.  He was a piece of shit that treated my mom like crap.  I only wish she left him sooner.  That piece of shit can rot in hell.\"\"  Because if you ever have children, that's what they will turn out like if they have any brains.\""}
{"_id": "440457", "title": "", "text": "First, as noted in the comments, you need to pay attention to your network providers.  If you are unable to pay exorbitant prices out of pocket, then find an in-network medical provider.  if you are unhappy with the in-network provider list (e.g. too distant or not specialists), then discuss switching to another plan or insurer with your employer or broker. Second, many providers will have out of pocket or uninsured price lists, often seen in outdated formats or disused binders.  Since you have asked for price lists and not been provided one, I would pursue it with the practice manager (or equivalent, or else a doctor) and ask if they have one.  It's possible that the clinic has an out of pocket price list but the front line staff is unaware of it and was never trained on it. Third, if you efforts to secure a price list fail, and you are especially committed to this specific provider, then I would consider engaging in a friendly by direct negotiation with the practice manager or other responsible person.  Person they will be amenable to creating a list of prices (if you are particularly proactive and aggressive, you could offer to find out of pocket price lists from other clinics nearby).  You could also flat out ask them to charge you a certain fee for office visits (if you do this, try to get some sort of offer or agreed price list in writing).  Most medical practices are uncomfortable asking patients for money, so that may mean flat refusal to negotiate but it may also mean surprising willingness to work with you.  This route is highly unpredictable before you go down it, and it's dependent on all sorts of things like the ownership structure, business model, and the personalities of the key people there. The easiest answer is to switch clinics.  This one sounds very unfriendly to HSA patients."}
{"_id": "440458", "title": "", "text": "1) Yes, both of your scenarios would lead to earning $10 on the transaction, at the strike date. If you purchased both of them (call it Scenario 3), you would make $20. 2) As to why this transaction may not be possible, consider the following: The Call and Put pricing you describe may not be available. What you have actually created is called 'arbitrage' - 2 identical assets can be bought and sold at different prices, leading to a zero-risk gain for the investor. In the real marketplace, if an option to buy asset X in January cost $90, would an option to sell asset X in January provide $110?  Without adding additional complexity about the features of asset x or the features of the options, buying a Call option is the same as selling a Put option [well, when selling a Put option you don't have the ability to choose whether the option is exercised, meaning buying options has value that selling options does not, but ignore that for a moment]. That means that you have arranged a marketplace where you would buy a Call option for only $90, but the seller of that same option would somehow receive $110.  For added clarity, consider the following: What if, in your example, the future price ended up being $200? Then, you could exercise your call option, buying a share for $90, selling it for $200, making $110 profit. You would not exercise your put option, making your total profit $110. Now consider: What if, in your example, the future price ended up being $10? You would buy for $10, exercise your put option and sell for $110, making a profit of $100. You would not exercise your call option, making your total profit $100. This highlights that if your initial assumptions existed, you would earn money (at least $20, and at most, unlimited based on a skyrocketing price compared to your $90 put option) regardless of the future price. Therefore such a scenario would not exist in the initial pricing of the options. Now perhaps there is an initial fee involved with the options, where the buyer or seller pays extra money up-front, regardless of the future price. That is a different scenario, and gets into the actual nature of options, where investors will arrange multiple simultaneous transactions in order to limit risk and retain reward within a certain band of future prices.  As pointed out by @Nick R, this fee would be very significant, for a call option which had a price set below the current price. Typically, options are sold 'out of the money' initially, which means that at the current share price (at the time the option is purchased), executing the option would lose you money. If you purchase an 'in the money' option, the transaction cost initially would by higher than any apparent gain you might have by immediately executing the option. For a more realistic Options example, assume that it costs $15 initially to buy either the Call option, or the Put option. In that case, after buying both options as listed in your scenarios you would earn a profit if the share price exceeded $120 [The $120 sale price less the $90 call option = $30, which is your total fee initially], or dropped below $80 [The $110 Put price less the $80 purchase price = $30]. This type of transaction implies that you expect the price to either swing up, or swing down, but not fall within the band between $80-$120. Perhaps you might do this if there was an upcoming election or other known event, which might be a failure or success, and you think the market has not properly accounted for either scenario in advance. I will leave further discussion on that topic [arranging options of different prices to create specific bands of profitability / loss] to another answer (or other questions which likely already exist on this site, or in fact, other resources), because it gets more complicated after that point, and is outside the root of your question."}
{"_id": "440461", "title": "", "text": "\"eTwitt.com is the name stands for Twitter Followers. Get twitter followers from eTwitt.com! eTwitt is the number one tool for growing your online Twitter Followers. eTwitt One of the best methods to get more followers, make money online.eTwitt.com is the world's premier advertising service, offering some of the most unique and fresh approaches to getting you traffic, attention and new clients Through Twitter.                                                                                                          This is true that Twitter has been widely used for various marketing purposes. People use it for making money in various ways. You can create a page for yourself and can make your business incredibly popular in a matter of few weeks. Another great thing is that it costs you $0.00 that means nothing! So, why not give it a try and see if it works or not? But before you try it, you have to keep a few things in your mind. These are actually the tips or \"\"tricks\"\" that can help you do marketing on twitter in a better and more effective way...\""}
{"_id": "440469", "title": "", "text": "That's actually a really good idea... I might start getting like a hundred every payday or something. A friend of mine said that you can use cash machines that just use the current exchange rate with seemingly no commission... seems a bit too good to be true if you ask me"}
{"_id": "440470", "title": "", "text": "Ride a bicycle or walk for short trips (< 5mi\u201310mi, depending on your level of comfort). Nothing saves as much on car expenses as simply driving less."}
{"_id": "440477", "title": "", "text": "Neither does he...  Opinions like that are why people hate the insurance companies.  There is absolutely no insurance company who sets out to cover negligence unless it's government mandated... I'd love to hear examples.  And I know there are crazy one off situations, where you can prove me wrong, but no company or industry could survive specifically to cover negligence, if there were, the premiums wouldn't make it logical."}
{"_id": "440482", "title": "", "text": "\"Research on drugs should be publicly funded in universities. The private sector only invests when the \"\"hard work\"\" has been done. The internet it's a good example.. massive public funding in the beginning, when there were profits to be made, suddenly the private sector woke up.. the researchers that work in those pharma companies were mostly trained and educated in top universities with a mix of their tuition fees and public money. Then the pharma companies hire them and make billions off of their knowledge. Fuck that. Universities should do the research, own the patent, price it fairly according to a public/Democratic decision, and let any compan y produce the drug, competing on how efficiently it can produce it. Besides, there is too much of a vested interest for making profit for private pharma, so they continuously push drugs that are detrimental to society like opioids. Only the public sector can \"\"afford\"\" to loose money in dead end research and make up for it later.\""}
{"_id": "440485", "title": "", "text": "In the US, you would probably look at a certificate of deposit (CD).   I imagine there is a similar financial product in the UK, but don't know first hand.   I think it is wise to be risk averse in this situation, but be aware that your interest rate will be dismal for guaranteed returns."}
{"_id": "440495", "title": "", "text": "In Trader Joe's case, I'm not sure the quality is any lower. Trader Joe's whole business model is to have a top quality store brand and only sell that. Customers are happy because their store brand is really good. Trader Joe's margins are better because it's a store brand and their inventory costs are lower because they don't have several similar things."}
{"_id": "440496", "title": "", "text": "The only reason bands sign on for Ticketmaster sponsored tours is for guaranteed money. You may like the band, but they know exactly what they're getting into. It is absolutely possible to watch a band at a respectable venue without Ticketmaster being involved."}
{"_id": "440506", "title": "", "text": "I have researched this question extensively in previous years as we have notoriously high taxes in California, while neighboring a state that has zero corporate income tax and personal income tax. Many have attempted pull a fast one on the California taxation authorities, the Franchise Tax Board, by incorporating in Nevada or attempting to declare full-year residence in the Silver State. This is basically just asking for an audit, however.  California religiously examines taxpayers with any evidence of having presence in California. If they deem you to be a resident in California, and they likely will based on the fact that you live in California (physical presence), you will be subject to taxation on  your worldwide income. You could incorporate in Nevada or Bangladesh, and California will still levy its taxation on any business income (Single Member LLCs are disregarded as separate corporate entities, but still taxed at ordinary income rates on the personal income tax basis). To make things worse, if California examines your Single Member LLC and finds that it is doing business in California, based on the fact that its sole owner is based in California all year long, you could feasibly end up with additional penalties for having neglected to file your LLC in California (California LLCs are considered domestic, and only file in California unless they wish to do business in other states; Nevada LLCs are considered foreign to California, requiring the owner to file a domestic LLC organization in Nevada and then a foreign LLC organization in California, which still gets hit with the minimum $800 franchise fee because it is a foreign LLC doing business in California).  Evading any filing responsibility in California is not advisable. FTB consistently researches LLCs, S-Corporations and the like to determine whether they've been organized out-of-state but still principally operated in California, thus having a tax nexus with California and the subsequent requirement to be filed in California and taxed by California. No one likes paying taxes, and no one wants to get hit with franchise fees, especially when one is starting a new venture and that minimum $800 assessment seems excessive (in other words, you could have a company that earns nothing, zero, zip, nada, and still has to pay the $800 minimum fee), but the consequences of shirking tax laws and filing requirements will make the franchise fee seem trivial in comparison.  If you're committed to living in California and desire to organize an LLC or S-Corp, you must file with the state of California, either as a domestic corporation/LLC or foreign corporation/LLC doing business in California. The only alternatives are being a sole proprietor (unincorporated), or leaving the state of California altogether. Not what you wanted to hear I'm sure, but that's the law."}
{"_id": "440519", "title": "", "text": "I understand your skepticism and only wanting to deal with cold hard facts.  You are correct I never worked there.  I was however scheduled to fly to Seattle and interview with them, had the airline ticket in hand.  I cancelled the interview a couple days before I was scheduled to depart.  A cursory search concerning their corporate environment indicated that working for them would an unfulfilling experience.  The reviews by both current and ex employees paint a fairly consistent picture.  Unlike, say Google where most people love to work, Amazon is consistently painted as an extremely stressful work environment."}
{"_id": "440522", "title": "", "text": "Understandably, it appears as if one must construct the flows oneself because of the work involved to include every loan variation. First, it would be best to distinguish between cash and accrued, otherwise known as the economic, costs. The cash cost is, as you've identified, the payment.  This is a reality for cash management, and it's wise that you wish to track it. However, by accruals, the only economic cost involved in the payment is the interest.  The reason is because the rest of the payment flows from one form of asset to another, so if out of a $1,000 payment, $100 is principal repayment, you have merely traded $100 of cash for $100 of house. The cash costs will be accounted for on the cash flow statement while the accrued or economic costs will be accounted on the income statement. It appears as if you've accounted for this properly.  However, for the resolution that you desire, the accounts must first flow through the income statement followed next instead of directly from assets to liabilities. This is where you can get a sense of the true costs of the home.  To get better accrual resolution, credit cash and debit mortgage interest expense & principal repayment.  Book the mortgage interest expense on the income statement and then cancel the principal repayment account with the loan account.  The principal repayment should not be treated as an expense; however, the cash payment that pays down the mortgage balance should be booked so that it will appear on the cash flow statement. Because you weren't doing this before, and you were debiting the entire payment off of the loan, you should probably notice your booked loan account diverging from the actual.  This proper booking will resolve that. When you are comfortable with booking the payments, you can book unrealized gains and losses by marking the house to market in this statement to get a better understanding of your financial position. The cash flow statement with proper bookings should show how the cash has flowed, so if it is according to standards, household operations should show a positive flow from labor/investments less the amount of interest expense while financing will show a negative flow from principal repayment.  Investing due to the home should show no change due to mortgage payments because the house has already been acquired, thus there was a large outflow when cash was paid to acquire the home. The program should give some way to classify accounts so that they are either operational, investing, or financing. All income & expenses are operational.  All investments such as equities, credit assets, and the home are investing.  All liabilities are financing. To book the installment payment $X which consists of $Y in interest and $Z in principal: To resolve the reduction in principal: As long as the accounts are properly classified, GnuCash probably does the rest for you, but if not, to resolve the expense: Finally, net income is resolved: My guess is that GnuCash derives the cash flow statement indirectly, but you can do the entry by simply: In this case, it happily resembles the first accrued entry, but with cash, that's all that is necessary by the direct method."}
{"_id": "440524", "title": "", "text": "Your right. The argument is, it's already dickered, so now we need to come up with something better. National ID is what's on the table. SSN has been used that way because there was a need for a national ID but everyone opposed it so vehemently and it bit us in the ass. Now here we are with a mass ID theft because we didn't address the problem when we should have."}
{"_id": "440527", "title": "", "text": "When using a debit card there are two limits that may be imposed on the use: the current balance and the maximum daily limit. If the banking institution limits your daily usage that may mean that on a particular day you may not be able to make a large purchase, even though you have money in the bank. Otherwise as long as you have funds in the account linked to the debit card you can make the transaction. The catch is that as soon as the transaction is sent to the bank one of two things happens: the money is immediately deducted from the account; or a hold equal to the the amount of the transaction is placed on the account. A hold is generally used when the transaction is done in two parts: the pre-scan at a restaurant, or gas station. The hold reduces the amount of available funds in the account. A hold or an immediate deduction limits the size of future transactions. To be able to make larger transactions you need to transfer more money into the account. There is no debit card transaction that you can do to  artificially allow a larger transaction, unless the bank is not placing a hold or doing an immediate deduction.  Because a debit card is linked to a bank account, some accounts have overdraft protection. This protection comes in two forms: they either transfer your money from another account, or they make a loan. Either way there can be costs involved."}
{"_id": "440533", "title": "", "text": "The wedding is the necessary part of our life. Those who make videos of their wedding, remember this moment in the coming days. Our company provides the best wedding videography packages Malaysia. If you want to wedding videography, then you can visit our company website. We provide different types of the wedding preparation services.  We work with your ideas, timeline, and budget while combining digital technology, art, creativity, and satisfying customer service to deliver high quality and high impact wedding videos."}
{"_id": "440609", "title": "", "text": "Car rental agencies typically accept only credit cards for the rental (you can pay at the end with debit, but the securing during the rental must be a credit card - or a high cash deposit). Hotel advance-bookings - even if many months in the future - will work fine with a credit card, but - as explained by others - on a debit card, it would directly affect your cash flow (you basically have to prepay instead of just leave the credit card number on file. The same is sometimes true for other advance booking, like cruises, tours, etc."}
{"_id": "440620", "title": "", "text": "If you have the money and the determination to pay off all the cards in six months, then the order will make little difference to your credit score, and to your finances.  If you had less money available (say you could pay off $500 a month in total), then it would be good for financial reasons to pay off the credit card with the highest interest rate first, so you pay less interest. It would be good for psychological reasons to pay the card with the smallest amount first (so you feel successful quickly, and some people need that feeling of success to continue paying off, just psychological). And if these things contradict each other, figure out what is more important.  And whatever you do, paying back your debt is better than not paying it back. So if you can't make up your mind, then you pay #1, then #2, then #3, then #4, then #5."}
{"_id": "440628", "title": "", "text": "To make this more general: should you save for retirement or for education?  The answer is simple: save for your education first. A PriceWaterhouseCoopers report on   behalf Universities UK in 2006 and   another by the Washington-based   College Board in 2007 indicate that   graduates of higher education can earn   anywhere from $400,000 to $1 million   more, after tax and education loans   are paid, than do those who start work   with only a high-school qualification. [From my blog...] Over your lifetime your higher education will earn you far more than any other income and investments you forego while attaining that education.  Make those sacrifices now to reap greater rewards later."}
{"_id": "440636", "title": "", "text": "Yeah, I had a guy one time send me 6 faxes in the span of 2 days - along with 6 followup calls, of course.  We had a double-your-money-back guarantee at the time and even with that, it was just easier to refund the $200 than to keep dealing with him."}
{"_id": "440647", "title": "", "text": "Just to be clear, it is Chapter 11. They are only restructuring their debt, not closing down. Every store is still open and will continue to be for a while. Things are not necessarily clear skies for them, but they definitely aren't going under yet"}
{"_id": "440652", "title": "", "text": "Maybe minimalism is an option for you. Make your self clear what you really want You only buy what you really need and for that you spend the money. Then there is no point of saving money, i.e. I for example like to invite friends and cook them some fancy diner with expensive products, but the value I get from that exceeds any money I spend. On the other hand most present are the opposite, they have less value to recipient than what they originally have costs."}
{"_id": "440678", "title": "", "text": "\"There are a lot of things that go into your credit score, but the following steps are core to building it: Now, in your case, you obviously have some flexibility in your monthly budget since you're considering paying down your college loan faster.  You have to weigh whether it would be better to pay off the loan that much faster, or just save the money towards buying the car.  If you can pile up enough cash to buy the car (and still leave yourself an emergency fund) it would be better to buy the car than add another interest payment.  As other answers have noted, you don't want to get in a situation where you have no cash for \"\"unexpected events\"\". Some links of interest:\""}
{"_id": "440684", "title": "", "text": "\"It is precisely this kind of oversimplification that makes me laugh. I run a startup (well in it for more than 4 years now) and finding programmers is a grind. Yes we get some resumes, most could barely type, let alone write some decent code. As for paying \"\"higher salaries\"\", sure I wish I could pay $1MM starting salaries, yachts, and 3 months off and all that....you know how this ends.  If you wish to checkout the fact yourself, stop parroting the Lou Dobbs line and start your own company or go work for a startup. Ye shall see.\""}
{"_id": "440686", "title": "", "text": "I agree.  The article points to tablets and smartphones being used as gaming devices.  That changed Zynga's activity from 9 million users to 5 million users?  No way!  And Draw Something's huge decline in popularity over a month?  Yeah, right."}
{"_id": "440696", "title": "", "text": "You seem to underestimate the risk of this deal for the inverstors. A person purchasing a residence is happy to pay $70K instead of $150K now, and the only risk they take is that the construction company fails to build the condo. Whatever happens on the estate market in two years, they still saved the price difference between the price of complete apartments and to-be-build apartments (which by the way may be less than $150K-$70K, since that $150K is the price on a hot market in two years). However, an investor aiming to earn money counts on that the property will actually cost $150K in two years, so he's additionally taking the risk that the estate market may drop. Should that happen, their return on investment will be considerably lower, and it's entirely possible they will make a loss instead of a profit. At this point, this becomes yet another high risk investment option, like financing a startup."}
{"_id": "440706", "title": "", "text": "Ah you may be right. But I checked genealogy sites that appear to check out, I figured it was David A Knopf's son. But then that NYT link... um no. Not unless he was previously married.  Well now we better do something about the depressed guy who feels like a failure at 29."}
{"_id": "440719", "title": "", "text": "There are a lot of open questions about if this is your only accessible money or if you have other emergency funds, and if you have any retirements savings and when do you plan to retire, but leaving this all aside: You currently pay 2.65% on the mortgage, and you make less on savings (maybe 1 or 1.5%). So putting the savings into the mortgage makes you the difference, which is a good deal. However, you need to reflect this with your risk-averisty, and your long term goals, and look at potential even better deals. For example, you could put the savings into higher risk/higher gain investments (let\u2019s assume index funds), and make 6 - 10% per year in average. That obviously is a lot more. Why would you not want to do that? Investing like this is a long term plan. If this is your only savings/emergency fund, or if you need the money within the next five years, you should not do it; it could catch you in a bad market situation, and then it might be a severe loss. If you are sure you don\u2019t need it for at least five if not ten years, invest it and keep the mortgage, you will easily beat its interest rate. If you are risk-averse, and can\u2019t sleep with your savings doing loopings while you watch, that is also not a plan for you. There are many things to consider, and your personal situation is relevant for the decision. Consider all options, and be sure to always have a emergency fund remaining. It is also not black and white - there are options in between of your two propositions - pay some in, and keep some for emergencies."}
{"_id": "440730", "title": "", "text": "If you are still a UK resident, then yes. Also, as I understand it, if the contract is only for a year, then unless it happens to exactly match the payroll year, you will have to remain a UK resident and hence, yes you will have to pay tax. See here for more info (from HMRC FAQ questions)"}
{"_id": "440745", "title": "", "text": "Unless your video does very well, it's unlikely that your income from it will exceed your expenses incurred in making it, such as the purchase prices of your computer and video camera and the cost of your broadband connection, so there shouldn't be any tax to pay."}
{"_id": "440756", "title": "", "text": "Ah, you're one of those people that want to pay to do literally everything in life. All regulations gone and safety be damned!   Every road is a pay road, the fire department only comes when paid ahead of time, and police protection means hiring thugs as bodyguards.   Basically you want Ancient Rome, pre Octavius."}
{"_id": "440770", "title": "", "text": "Oh, yeah. I'd definitely take an ax to the military; I made a note in my other post that the military has thus far remained unscathed by spending cuts, so I think that's a logical place to start cutting.  That, and taking a look at Social Security and Medicare to see if we can _streamline_ the programs and make them more efficient rather than just taking their funding away. Those two programs cost us a shitload of money; but, as they're nearly universally loved, it makes sense to figure out how to make them more efficient."}
{"_id": "440774", "title": "", "text": "Yes, that is correct. Note, when there is a tax treaty between Canada and the other country -- [which is pretty much anywhere you have active business](http://www.fin.gc.ca/treaties-conventions/in_force--eng.asp) -- the tax credits are equal to the income received, making it tax free. Here is a better explanation:  &gt; The greatest advantage of having a foreign affiliate in the international business setting is  to repatriate foreign profits back to Canada tax free under certain conditions, for example,  if a foreign affiliate carries on an active business in a designated treaty country (i.e. a  country with which Canada has a tax treaty). The after-tax profit is included in a pool  called \u201cexempt surplus\u201d. If the repatriation of profit in the form of dividend was paid out  of the \u201cexempt surplus\u201d pool to a Canadian corporate shareholder, such dividend is  included in its income and the same amount is allowed to be deducted in computing its  taxable income. In other words, the dividend is not subject to Canadian tax if received by  a Canadian corporate shareholder.   [Source, p3](http://www.canadataxplan.com/test/canadataxplan/files/Book%20-%20English_summary_12-22-2008.pdf)  Edit... here from the NRC site:  &gt; Treaty Countries: **Active business income earned in a treaty country is classified as \u201cexempt surplus.\u201d** The exempt surplus of an FA also includes inter-affiliate dividends received out of the exempt surplus of other foreign affiliates, the exempt portion (25%) of all capital gains, and certain taxable capital gains. **Dividends paid out of the exempt surplus of an FA can be received free of additional taxes in Canada**, since the profits out of which they are paid are considered to have borne a rate of tax in the treaty country comparable to that of Canada.  [Source](http://www.nrcan.gc.ca/mining-materials/taxation/8880) see the section on Subsidiary Income. This is the reason BK is moving to Canada. [Also here is a very interesting deck on corporate tax minimization in latin america by the Canadian mining industry.](http://miningtaxcanada.com/wp-content/uploads/2010/05/TOR01-5160395-v1-RMLF_Cartagena_Slides.pdf)"}
{"_id": "440779", "title": "", "text": "Minimizing tracking error and offering good redemption liquidity is the priority. A few concerns off the top of my head are entrants and exits of the S&amp;P 500. Vanguard needs to dump a good amount of one stock quickly and purchase another big stake simultaneously. Everyone also knows that the large orders are coming so trying to do it efficiently is one challenge. When a company in the S&amp;P 500 spins off a stock as a dividend, you could be holding on to a bunch of shares in a new stock that you need to get rid off. Again, a lot of selling at once, need to keep costs of that low."}
{"_id": "440780", "title": "", "text": "Your description works except for HBO.  HBO isn't included in any bundling because they don't have any advertising.  Their only source of revenue is consumers paying them for their content either through subscriptions.  Thats why you've seen HBO be very aggressive in DVD publishing and online offerings compared to other channels.  I think that in their heart of hearts, HBO's management would very much like to sell directly to the consumer through some sort of digital market place and cut out the cable middle man.  Unfortunatly most of their revenue still comes from cable subscriptions, and they can't risk pissing off their business partners by going directly to consumers."}
{"_id": "440790", "title": "", "text": "\"&gt;&gt;If you bothered to do any sort of research you'd realize that for the scope of its mission  If *you* bothered, you'd know that the SEC lets the big guys off with a slap on the wrist while destroying the little guys.   &gt;I have no idea what you are going on about. Try to stay on topic.  Why don't *you* try to pay attention?   &gt;please re-examine your exremely demented Libertarian ideals  Please re-examine your violence based statist dementia.   &gt;If you like roads, water, street lights, and not getting butt-raped b/c the police rescued you, then you like State Sales tax; you just don't know it yet.  What a bullshit canard. Do you have any idea how ridiculous you sound? Because government *makes* water, right? Because nobody could build a road without the government? Because the government invented lights? Because security forces only exist if they are funded by taxation?   &gt;And of course it's their right. WTF.  *Persons* have rights. States do not.   &gt;please explain how you relate a person dying to an Exchange being stable &amp; trustworthy?  Business failure is a market equivalent to an organism's death. Imagine if we ensured that persons never died, and continued to be employed by their historical activities. How would society grow and evolve?   &gt;Stability by Change. OK, now I'm pretty sure you are drunk. Geez, it's the middle of the day. \"\"Stability by change\"\"? Stability requires stability, not change. I'm embarrassed to even be responding to this right now.  \"\"Duh, I can't be bothered to understand something, so I'll ridicule the person who wrote it and slander them.\"\"\""}
{"_id": "440792", "title": "", "text": "Understanding your starting place makes everything clearer.  What skills do you have? What experience? What resources? What people who can help you? What's your motivation to start this specific business? Have you seen any similar businesses that you'd like to imitate?"}
{"_id": "440794", "title": "", "text": "\"I think the issue you are having is that the option value is not a \"\"flow\"\" but rather a liability that changes value over time. It is best to illustrate with a balance sheet. The $33 dollars would be the premium net of expense that you would receive from your brokerage for having shorted the options. This would be your asset. The liability is the right for the option owner (the person you sold it to) to exercise and purchase stock at a fixed price. At the moment you sold it, the \"\"Marked To Market\"\" (MTM) value of that option is $40. Hence you are at a net account value of $33-$40= $-7 which is the commission. Over time, as the price of that option changes the value of your account is simply $33 - 2*(option price)*(100) since each option contract is for 100 shares. In your example above, this implies that the option price is 20 cents. So if I were to redo the chart it would look like this If the next day the option value goes to 21 cents, your liability would now be 2*(0.21)*(100) = $42 dollars. In a sense, 2 dollars have been \"\"debited\"\" from your account to cover your potential liability. Since you also own the stock there will be a credit from that line item (not shown). At the expiry of your option, since you are selling covered calls, if you were to be exercised on, the loss on the option and the gain on the shares you own will net off. The final cost basis of the shares you sold will be adjusted by the premium you've received. You will simply be selling your shares at strike + premium per share (0.20 cents in this example)\""}
{"_id": "440802", "title": "", "text": "\"There are some tools that might help you. For example, I have an \"\"Expense It\"\" application on my iPhone, where I can type in a purchase while still at the cashier, the idea is to track expenses on a trip, but the implementation will suit your needs perfectly. Keeping slips is a way to go too, but I personally don't like that because I'm a messy person and after a couple of days all the receipts are gone. If you can keep track of tons of slips - you can just do that.\""}
{"_id": "440805", "title": "", "text": "\"Who are the losers going to be? If you can tell me for certain which firms will do worst in a bear market and can time it so that this information is not already priced into the market then you can make money. If not don't try. In a bull market stocks tend to act \"\"normally\"\" with established patterns such as correlations acting as expected and stocks more or less pricing to their fundamentals. In a bear market fear tends to overrule all of those things. You get large drops on relatively minor bad news and modest rallies on even the best news which results in stocks being undervalued against their fundamentals. In the crash itself it is quite easy to make money shorting. In an environment where stocks are undervalued, such as a bear market, you run the risk that your short, no matter how sure you are that the stock will fall, is seen as being undervalued and will rise. In fact your selling of a \"\"losing\"\" stock might cause it to hit levels where value investors already have limits set. This could bring a LOT of buyers into the market. Due to the fact that correlations break down creating portfolios with the correct risk level, which is what funds are required to do not only by their contracts but also by law to an extent, is extremely difficult. Risk management (keeping all kinds to within certain bounds) is one of the most difficult parts of a manager's job and is even difficult in abnormal market conditions. In the long run (definitions may vary) stock prices in general go up (for those companies who aren't bankrupted at least) so shorting in a bear market is not a long term strategy either and will not produce long term returns on capital. In addition to this risk you run the risk that your counterparty (such as Lehman brothers?) will file for bankruptcy and you won't be able to cover the position before the lender wants you to repay their stock to them landing you in even more problems.\""}
{"_id": "440806", "title": "", "text": "In many (most?) cases, luxury cars are leased rather than purchased, so the payments on even an expensive car might not be as high as you'd expect. For simplicity, take a $100,000 car. If you were to buy that in cash or do a standard five-year auto loan, that would be incredibly expensive for all but the wealthiest of people. But a lease is different. When you lease a car, you are financing the car's depreciation over the lease term. So, let's suppose that you're signing up for a three-year lease. The car manufacturer will make an estimate of what that car will be worth when you bring it back in three years (this is called the residual value). If this number is $80,000, that means the lessee is only financing the $20,000 difference between the car's price and its residual value after three years - rather than the full $100,000 MSRP. At the end of the lease, he or she just turns the car back in. Luxury cars are actually especially amenable to leasing because they have excellent brand power - just because of the name on the hood, there are many people who would be happy to pay a lot for a three-year-old Mercedes or BMW. With a mid- or low-range car, the brand is not as powerful and used cars consequentially have a lower residual value (as a percentage of the MSRP) than luxury cars. So, don't look at an $80,000 luxury car and assume that the owner has paying for the entire $80,000."}
{"_id": "440814", "title": "", "text": "The thing is, being litigious is probably a very positive indicator. It means that people have faith that courts can actually give beneficial outcomes.  If the typical litigant believed the fix was already in for the person who had succeeded outside the court, he wouldn't bother to sue."}
{"_id": "440824", "title": "", "text": "\"In Britain it's standard practice to use an electronic bank transfer, otherwise known as a \"\"standing order\"\" for the monthly rent payment. Many letting agents insist on it here in Britain. It's rare to hear of fraud. It is possible to setup a Direct Debit with the account numbers, as happened in a famous case where Jeremy Clarkson claimed losing account numbers wasn't a problem. If a direct debit is taken from your account, then you are protected by the the Direct Debit guarantee which means that you get a full and immediate refund if there is any fraud or unexpected payments spotted. Some landlords, particularly of bedsits accept plain old cash, however that's not recommended as there is no trace of it being paid, which could lead to legal disputes.\""}
{"_id": "440839", "title": "", "text": "\"IANAL, but no, this is not sound legal advice. There are a few things that stick out to me as fishy. First off: you are calculating the 3% safe-harbor on the 2017 compensation limit of $270k, but limiting yourself to $53k in total contributions which is the 2016 limit. It's hard to tell what tax year you're working in here. If you're planning for 2017, fine, but if you're wrapping up 2016 then you need to use 2016 limits. Secondly (and this is something I think your counsel should know already): you don't take Employer contributions out of gross wages (box 1) on the W-2. They aren't even reported there in the first place! With your base scenario the 2 employees' W-2s would look like this: Employee A's W-2 Gross Wages (box 1) = 280,000 - 14,966.67 = 265,033.33 Employee B's W-2 Gross Wages (box 1) = 280,000 - 0 = 280,000 Elective deferrals are the only thing that should come out of wages. Not the SH 3% or Match. Thirdly: Retirement Plan expenses really aren't an \"\"above the line\"\" expense. They are not included in cost of goods sold. Even if you establish a \"\"pool\"\" for that expense, it's still not a direct cost attributable to the production of whatever your company sells. Also: Employee B should not have to contribute to the retirement account of Employee A! The only situation I can see where Employee A and B would be required to fund the match equally, were if Employee A & B are both 50% owners and the company has no funds of its own with which to fund the match. The company has obligated itself to fund the match, and if the company doesn't have any money then the money still has to come from somewhere (ie. the owners pony up more funds for the match they promised their employees, it just happens that the employees are also the owners). Even in this situation though, I still stand behind my first 3 points.\""}
{"_id": "440856", "title": "", "text": "No, they are not recession proof.   Assume several companies, that issued bonds in the fund, go bankrupt.  Those bonds could be worthless, they could miss principle payments, or they could be restructured.  All would mean a decline in value. When the economy shrinks (which is what a recession is) how does the Fed respond?  By lowering interest rates.  This makes current bonds more valuable as presumably they were issued at a higher rate, thus the recession proof prejudice.  However, there is nothing to stop a company (in good financial shape) from issuing more bonds to pay the par value on high-interest bonds, thus refinancing their debt.  Sort of like how the bank feels when one refinances the mortgage for a lower rate.   The thing that troubles me the most is that rates have been low for a long time.  What happens if we have a recession now?  How does the Fed fix it?  I am not sure exactly what the fallout would be, but it could be significant. If you are troubled, you should look for sectors that would be hurt and helped by a Trump-induced recession.  Move money away from those that will be hurt.  Typically aggressive growth companies are hurt (during recessions), so you may want to move money away from them.  Typically established blue chip companies fare okay in a recession so you may want to move money toward them.  Move some money to cash, and perhaps some towards bonds.   All that being said, I'd keep some money in things like aggressive growth in case you are wrong."}
{"_id": "440857", "title": "", "text": "Crap read. The title is \u201c...make money WITH your startup.. \u201d. More than half talk about how to make money on the side and have nothing to do with your startup. The title should be \u201chow to make money on the side  because your shitty startup isn\u2019t cutting it and you can\u2019t let go\u201d. Also doing things like asking for donations isn\u2019t \u201cmaking\u201d money."}
{"_id": "440882", "title": "", "text": "\"Easiest thing ever. In fact, 99% of people are loosing money. If you perform worse then 10% annually in cash (average over 5-10 years), then you better never even think about trading/investing. Most people are sitting at 0%..-5% annually. They win some, loose some, and are being outrun by inflation and commissions. In fact, fall of market is not a big deal, stock indexes are often jump back in a few months. If you rebalance properly, it is mitigated. Your much bigger enemy is inflation. If you think inflation is small, look at gold price over past 20 years. Some people, Winners at first, grow to +10%, get too relaxed and start to grow already lost position. That one loose trade eats 10% of their portfolio. Only there that people realize they should cut it off, when they already lost their profits. And they start again with +0%. This is hard thing to accept, but most of people are not made for that type of business. Even worse, they think \"\"if I had bigger budget, I would perform better\"\", which is kind of self-lie.\""}
{"_id": "440891", "title": "", "text": "Only 20, and going through university This is an important question to ask yourself. Your earnings are 0 and will remain so, unless you start working. Are you willing to halve your money, if the markets tank after you put in your money ? Mostly good investors will buy some more, if they know the stocks they have picked are good. Considering that you have no income you will loose out on it. If you are graduating soon, it might make sense to start investing but it should be reliant on the fact on how quickly you will land a job. I would suggest stay put in the ISA for the time being. Check out if you might get a higher rate of interest if possible and transfer there. Check out  Moneysupermarket . Don't blindly put money in a ISA, see if you are getting the best deal in the market. And one thing, interest on ISA is calculated daily."}
{"_id": "440893", "title": "", "text": "In an accounting position, a domain name would fall under an intangible asset. Copyrights and patents are intangible, while tangible assets would be buildings or land (also known as property, plant, and equipment).  Noting above, you can list it as an expense for personal reasons, but that would be poor classification. Tangible and intangible assets come with expenses such as legal fees and design. In these instances, you would expense the cost, or fee, but add back that value to the tangible or intangible as it would be considered maintenance.  Please read here for tax treatment of a domain name.  Please read here for what an intangible asset is. Also read here on page 11 for more clarification by IFRS."}
{"_id": "440898", "title": "", "text": "Isn't that uncommon in small business financing/investing. You can structure your capital anyway you wish (relatively speaking). It starts as an equity investment with an option for the founder to buy back equity.   Then there is an 8% dividend payment that takes a similar form to preferred stock."}
{"_id": "440910", "title": "", "text": "http://springhillgroupcounselling.com/general-counselling/       What should I expect from therapy? You should expect one or a series of confidential appointments of up to an hour in length in a suitable professional setting. The process should also provide you with the opportunity to:  make sense of your individual circumstances have contact with a therapist who will help identify the choices for change feel supported during the process of change reach a point where you are better equipped to cope with the future Is counselling and psychotherapy confidential? Everything you discuss is confidential between you and the counsellor or psychotherapist. There can be certain legal exceptions and the practitioner should clarify this with you prior to the establishment of any agreed contract for working. You may have specific queries about confidentiality depending on the format of the therapy. For example, with online counselling, you may wish to ask the following questions to your therapist:  Are the notes from therapy protected by passwords and encrypted? Are printouts held in a secure cabinet? What happens when there are technical problems? Should my therapist carry liability insurance? Professional liability insurance is not currently a legal requirement. However, a number of professional associations, strongly recommend that therapists take out appropriate insurance coverage. Examples of insurance policies which a therapist might have are professional indemnity, public and products liability, libel and slander to name a few. It is suggested that you check your therapist has appropriate and adequate insurance in place before engaging their services. If you are unsure then you should consult an insurance professional or a legal expert for further guidance. The insurance is not only intended to protect the therapist but offer peace of mind that if something should go wrong, there are funds in place to compensate you in such an event. For further information you may find the British Insurance Brokers\u2019 Association website useful. Author: Towergate Professional Risks"}
{"_id": "440915", "title": "", "text": "I hate to say it but it sounds like Chase sent the money to the right account, but you entered the wrong number.  I'm not terribly well versed in Chase's terms of service but I'd say you're probably on your own.  With that said, the person who received the money has done nothing for it and legally should return it.  Obviously it's difficult to trace a phone number to a name and/or address but if you were able to match the person I'd imagine a stern letter on a legal letter head would be enough to have the person return the money."}
{"_id": "440918", "title": "", "text": "Using household income makes sense, as you would hardly expect differences in standard of living for members of the same household. True, more people in a family will mean more expenses, but not proportionally so. For a typical family of four, it wouldn't really matter if one or both parents contributed towards the household income."}
{"_id": "440930", "title": "", "text": "\"I gather from your mention of \"\"stamp duty\"\" that you're in Britain?  I'm only familiar with US cards, but for them I can't see that there is any reason (other than a lack of self-discipline) not to use a credit card wherever possible, especially these days. 1) There are plenty of cards with no annual fee. 2) You get anywhere from 1-5% discount/cash back on purchases. 3) Many will give you sign-up bonuses, and a year or more of zero interest.  (So you put that money in your investment account, and odds are you make a profit on it.) 4) Even after the introductory 0% interest period, you get on average about a month of 0% interest between purchase and due date, during which period the money can be earning interest for you. I've made a good many thousands of dollars over the years doing this.  Again, the only drawback I can see is that you may not have the self-discipline to pay off the accounts before they start charging interest.\""}
{"_id": "440939", "title": "", "text": "I read GoDaddy's explanation on SOFA on their site. Let me say, it's terrible and any undergrad could have written that. The person who wrote that throws everything she has at the issue -- hoping one of the explanation will convince you. I mean -- since when does GoDaddy care about old ladies being scammed on pharmaceutical drugs? Seems fishy.  Also, the woman brags about how Go Daddy is influential in several bills on the Hill, and SOPA is one of them. She is clearly a attention seeking lawyer. Disgusting."}
{"_id": "440940", "title": "", "text": "If you have doubts about the long term prospects at your employer or jobs in your area, you may want to keep the option of moving to find a new job open while you save up for a larger down payment on a house.  While there are insurance products out there that claim to cover your mortgage, they often have loopholes which make them difficult to collect on. Insurance companies are in business to make money and premiums are high when it's likely that people will try to collect. Splitting those premiums into your mortgage and your own self-insured unemployment fund (i.e. an emergency fund in a money market bank account) will usually be a better deal. As always, make sure you have term life insurance for a family and long term disability insurance just in case something really bad happens in the near term. Buying a home is a better financial decision when you know you'll be in an area for at least 5 years. Saving until you have 20% down on place that you can afford to pay off in 15 years (even if you take a 30 year loan) will be a lot cheaper and less stressful."}
{"_id": "440959", "title": "", "text": "\"Prices reflect all available information. (Efficient markets hypothesis) A lot can happen between the time a stock closes on one day and opens on another. Particularly in a heavily traded stock such as IBM. Basically, you have a different \"\"information set\"\" the following day, which implies a different price. The instances where you are most likely to have a stock where the price opens at the same price is at the previous close is a thinly traded stock on which you have little information, meaning that the \"\"information set\"\" changes less from day to day.\""}
{"_id": "440994", "title": "", "text": "Idiots.  Do they not understand things like recessions and booms?  In less than a year, we could have people shelling out hundreds, if not thousands, of dollars to cover healthcare and eating out will be one of the first things cut from budgets."}
{"_id": "440999", "title": "", "text": "This is so over sold. Just another pie in the sky Kickstarter fake video.   There is no way that you can get the precision from a router, as they are showing here, from following a screen using just your hands and arms.   It would still be very sloppy. I doubt you could stay within 1/8 inch tolerance. No way you can make puzzle pieces fit like that.   As a user of many routers, this is total bullshit."}
{"_id": "441010", "title": "", "text": "\"I'm no accounting expert, but I've never heard of anyone using a separate account to track outstanding checks.  Instead, the software I use (GnuCash) uses a \"\"reconciled\"\" flag on each transaction.  This has 3 states:  n: new transaction (the bank doesn't know about it yet), c: cleared transaction (the bank deducted the money), and y: reconciled transaction (the transaction has appeared on a bank statement). The account status line includes a Cleared balance (which should be how much is in your bank account right now), a Reconciled balance (which is how much your last bank statement said you had), and a Present balance (which is how much you'll have after your outstanding checks clear). I believe most accounting packages have a similar feature.\""}
{"_id": "441023", "title": "", "text": "In addition to the 10%/7.5% limitation mentioned in the answer by mgkrebbs (which means that very few people can take advantage of the deduction), itemized deductions reduce taxes only when the total of all the itemized deductions exceeds the standard deduction available to the taxpayer. People with mortgaged homes have a leg up on this because they can include the mortgage interest and property taxes on Schedule A whereas those who rent their living space cannot.  In other words, not having sufficient other itemized deductions can make the really ill person with medical bills large enough to exceed the 10% limitation suffer the double whammy of not getting a tax reduction for any part of the huge medical expense."}
{"_id": "441029", "title": "", "text": "For the first case to occur, you need to have an agreement in place with the bank, this is called overdraft protection. It's done at a cost, but cheaper than the potential series of bounce fees. I've never heard of the second choice, partial payment. That's not to say that it's not possible. The payment not made is called a bounced check, you and the recipient will be harmed a fee. I believe it's a felony to write bad checks. Good to not write a check unless there's a positive balance taking that check into account. As Dilip suggests, ask your bank."}
{"_id": "441031", "title": "", "text": "\"Cool, I misinterpreted your \"\"sounds bizarre\"\" comment. I'm Canadian from a farming background. There is still a massive sense of betrayal here when in the late 90s the US/Canada/EU agreed to lower subsidies but only Canada did, while the US and EU raised them. Look at the [Common Agricultural Policy](https://en.wikipedia.org/wiki/Common_Agricultural_Policy).\""}
{"_id": "441038", "title": "", "text": "From a business point of view, I agree.  From the customer's point of view, I don't because 1) some smaller businesses do care about BBB status even if it means nothing on a legal front and 2) it creates a digital paper trail if it comes up in small claims.  On point 2, it shows that you attempted to solve the problem before taking it up to the courts and it documents your complaint better since it was closer to the time of the conflict between you and the business."}
{"_id": "441066", "title": "", "text": "A chassis may appear to be known as a landing gear for a type of aircraft. This is mainly used for landing or starting. But when it comes to landing planes, it makes use of landing and launch. It's like a bird that wants to stretch its legs in a high-end sky. This applies in a manner similar to the RC world. The chassis is specially designed to support balanced RC."}
{"_id": "441069", "title": "", "text": "You'll be fine, fella. An AAT qualification is always useful. Should be able to do it quite easily, and understanding how books can be fiddled is a good idea.  There was a book on it: accounting for growth.  Don't knock accounting, you need to know how a balance sheet and p&amp;l can be frigged. AAT (accounting technician) gives you that with a couple of months study.  There is a huge amount of cock waving and testosterone around. They play very hard and work to death. We used to make two-way prices on how long a trader's marriage would last; probably a bit more tame now."}
{"_id": "441074", "title": "", "text": "The way I usually make this decision is to answer the following question: Do I think that I can earn a better   return on my savings than the interest   rate I would get on the loan? Yes= Get a loan No= Use the savings If you have your savings in a fixed income investment like a CD or bond, then it is just simple math to answer the question, for more volatile investments like stocks you just have to make an educated guess based on the direction of the markets and past performance."}
{"_id": "441083", "title": "", "text": "Your local friendly mod here. I've been trying to quality-control by removing the most egregious of zerohedge posts. Please use the report button whenever you can - it really helps us notice posts that may be inflammatory/sensationalist!  What/Who do you define as scholarly? Or maybe - who do we don't regard as genuinely finance-y? Maybe we can start with a list of sites that are banned/frowned upon."}
{"_id": "441105", "title": "", "text": "There are thousands of processors. But I explicitly mentioned the customer experience, which is completely different and no matter how much you want your industry experience to matter for that, it doesn't affect it.  This you did not read and comprehend.  Could you clarify for me how VISA/MasterCard managed to block a merchant, who presumably wasn't a direct customer (but instead a payment processor customer), but cannot block a card holder? (yes, this is an honest question)  &gt; Visa and Mastercard prohibited payments to Wikileaks on the basis of WL allegedly facilitating illegal activity. How is that relevant to what PayPal's doing?  The WikiLeaks blockade was clearly political. What makes you say otherwise? And this is political.  &gt; No one is unable to accept payments if they're barred from PayPal.  In this case, yes. So who is morally and/or legally responsible when everyone does the same thing?"}
{"_id": "441120", "title": "", "text": "That's not especially high income, and while I can't speak for Canadians,  most of us south of the border just pay the tax. There are tax-advantged retirement savings plans, and charitable donations are often offset by a tax credit, and there are some tax incentives for mortgages, and so on.. but generally the right answer is to just accept that the income tax money was never yours to begin with."}
{"_id": "441133", "title": "", "text": "During the hyperinflation of the Wiermer republic, corporate stocks and convertible bonds were thought second only to the species (gold, silver etc) as the only secure currencies.  As Milton Friedman proved, inflation is caused solely by the monetary token supply increasing faster than productivity.  In the past, days of species of currency, it was caused by governments debasing the currency e.g. streatching the same amount of silver in 50 coins to 100 coins. Sudden increases in the supply of precious metals can also trigger it. The various gold rushes in 19th century and later, improvements in extraction methods caused bouts of inflation. Most famously, the huge amounts of silver the Spanish extracted from the New World mines, devastated the European economy with high inflation. Governments use inflation as a form of stealth flat tax. Money functions as an Abstract Universal Trade Good and it obeys all the rules of supply and demand. If the supply of money goes up suddenly, then its value drops in relation to real goods and service. But that drop in value doesn't occur instantly, the increased quality of tokens has to percolate through the market before the value changes.  So, the first institution to spend the infalted/debased currency can get the full current value from trade. The second gets slightly less, the third even less and so on. In 2008, the Federal reserve began printing money and loaning at 0% to insolvent backs who then used that money to buy T-Bill. This had the duel effect of giving the banks an (arbitrary) A1 rated asset for their fractional reserve while the Federal government got full pre-inflation value of the money paid for the T-bills. As the government spent that money, the number of tokens increased fast than the economy.  In times of inflation, the value of money per unit drops as its supply increases and increases The best hedges against inflation are real assets e.g. land, equipment, stocks (ownership of real assets) and convertible bonds which are convertible to stock.  It's important to remember that money is, of itself, worthless. It's just a technology that abstracts and smilies trading which at the base, is still a barter system. During inflation the barter value of money plunges owing to increased supply. But the direct barter value between any two real assets remain the same because their supplies have not changed.  The value of stocks and convertible bonds is maintained by the economic activity of the company whose ownership they represent. Dividends, stock prices and bond equity, as measured in the inflated currency continue to rise in sync with inflation. Thus they preserve the original value of the money paid for them. Not sure why you expect more inflation. The only institution that can create inflation in the US is the Federal Reserve which Trump has no direct control off. Deregulation of banks won't cause inflation in and of itself as the private banks cannot alter the money supply. If banks fail, owing to deregulation, unlikely I think given the dismal nearly century long record of regulation to date, then the Federal Reserve might fix the problem with another inflation tax, but otherwise not."}
{"_id": "441139", "title": "", "text": "Too little information to give any kind of advice. What is your age, goals, other monies, other investments etc... You need to look at the whole thing. Are you investing already in tax-deferred IRA. Spend the time to learn to be your own investment advisor. Many investment professionals may disagree with me on this, but since you can't trust many of them better you do your own research first. Same with Stocks or ETF, you try to be the expert. Better you have the time to follow your own investments ideas, do not depend on a human or robot to tell you when to buy or sell. Their job is to part you from your money. If you do not have the time to this yourself, save yourself the money, and just do something else with it. I have been investing in the Stock Market since 1986, I have made more money than I lost. Good runs and bad. Today it is all about trading, you can not trust the financials given by anyone, or know what is going to happen in the markets in general. So unless you want to play the game every day, don't be in it."}
{"_id": "441143", "title": "", "text": "The obligation is contractual, so you need to read the contract to answer your question. However, since you paid for the service provided, I see no way they can force you buy any other service from them. They cannot file your tax returns without your explicit consent (on a form dedicated to that, dated and having the numbers matching the return filed - not something you can sign before the actual return is ready). Worst case they can claim you owe them more money, but since you paid for the services provided, I can't see how they can have that stand in court as well. Bottom line - even if the contract has such an obligation, I cannot see how it can be enforced. As to the mistake they noted... I wouldn't rely on H&R Block advice in any matter. Very likely, the person you were talking to was not even licensed to provide tax advice. You're lucky if the person has passed CRTP exams (in California they're legally required), but I seriously doubt their clerks are EAs or CPAs (the only designations other than a lawyer legally allowed to provide tax advice). Tax preparers (CRTPs included) are only allowed to provide advice pertaining to the preparation of the tax return they're currently engaged to prepare. Claiming income is sourced or not sourced in NY is borderline, IMHO. If they got it wrong (and to me it sounds as they did) you can sue them for damages. If your situation is tricky and it is too late to get an appointment with a proper adviser - file an extension (form 4868) and deal with it after the April busy season."}
{"_id": "441148", "title": "", "text": "Envudu (envudu.com) looks very promising, and I think what they are planning to put out will do essentially everything you want. It's a single prepaid card, but with a connected app. On the app you choose which budget category you're going to spend on next, and then swipe your card. Your purchase gets deducted from that category. There aren't a ton of details yet on their website (e.g., what happens if you try to swipe on a category that doesn't have the funds available?) and there is going to be a $20/year fee, but I think it meets all of your criteria, even though it's a single card--you'll just need to use a smartphone with it."}
{"_id": "441149", "title": "", "text": "Arguably were seeing this. The financial sector is hollowing out operational competence within companies as more and more people jump ship to choosing investments rather than seeing those investments to successful completion.   So instead you have large investments increasingly going into projects which haven't delivered on their intended goals and investors have little insight as to why, nor better companies to invest in."}
{"_id": "441154", "title": "", "text": "Lol, you are a complete and utter moron. Honestly, this isn't close to what we are talking about. But sure, make some more bullshit up, I already showed you directly lying below. Why sit on Reddit and keep embarassing yourself?"}
{"_id": "441155", "title": "", "text": "Schedule 13D (or the abbreviated version, schedule 13G) would be the most likely place to find this info. When a person or group of persons acquires beneficial ownership of more than 5% of a voting class of a company\u2019s equity securities registered under Section 12 of the Securities Exchange Act of 1934, they are required to file a Schedule 13D with the SEC.  Schedule 13D reports the acquisition and other information within ten days after the purchase. Any material changes in the facts contained in the schedule require a prompt amendment.  You can find the Schedules 13D for most publicly traded companies in the SEC\u2019s EDGAR database.  A 1% change in the amount of ownership is considered material."}
{"_id": "441162", "title": "", "text": "That doesn't mean anything. Once a coin is under what it cost to mine, a miner wont sell causing demand. I don't know what the spread is right now. Maybe it was $5000 a month ago to mine... Maybe a miner who mined it when it was $3000 a coin dumped.."}
{"_id": "441163", "title": "", "text": "Is there not some central service that tracks current currency rates that banks can use to get currency data? Sure.  But this doesn't matter.  All the central service can tell you is how much the rate was historically.  But the banks/PayPal don't care about the historical value.  They want to know the price that they'll pay when they get around to switching, not the last price before the switch.  Beyond that, there is a transaction cost to switching.  They have to pay the clearinghouse for managing the transaction.   The banks can choose to act as a clearinghouse, but that increases their risk.  If the bank has a large balance of US dollars but dollars are falling, then they end up eating that cost.  They'll only take that risk if they think that they'll make more money that way.  And in the end, they may have to go on the currency market anyway.  If a European bank runs out of US dollars, they have to buy them on the open market.  Or a US bank might run out of Euros.  Or Yen.  Etc.   Another problem is that many of the currency transactions are small, but the overhead is fixed.  If the bank has to pay $5 for every currency transaction, they won't even break even charging 3% on a $100 transaction.  So they delay the actual transaction so that they can make more than one at a time.  But then they have the risk that the currency value might change in the meantime.  If they credit you with $97 in your account ($100 minus the 3% fee) but the price actually drops from $100 to $99, they're out the $1.   They could do it the other way as well.  You ask for a $100 transaction.  They perform a $1000 transaction, of which they give you $97.  Now they have $898 ($1000 minus the $5 they paid for the transaction plus the $3 they charged you for the transaction).  If there's a 1% drop, they're out $10.98 ($8.98 in currency loss plus a net $2 in fees).   This is why banks have money market accounts.  So they have someone to manage these problems working twenty-four hours a day.  But then they have to pay interest on those accounts, further eating into their profits.  Along with paying a staff to monitor the currency markets and things that may affect them."}
{"_id": "441176", "title": "", "text": "If you are making regular periodic investments (e.g. each pay period into a 401(k) plan) or via automatic investment scheme in a non-tax-deferred portfolio (e.g. every month, $200 goes automatically from your checking account to your broker or mutual fund house), then one way of rebalancing (over a period of time) is to direct your investment differently into the various accounts you have, with more going into the pile that needs bringing up, and less into the pile that is too high. That way, you can avoid capital gains or losses etc in doing the selling-off of assets. You do, of course, take longer to achieve the balance that you seek, but you do get some of the benefits of dollar-cost averaging."}
{"_id": "441183", "title": "", "text": "\"Some of it is very simple but almost all of it is very non-intuitive. Imagine that Donald Trump owns a lot of property that is valued at $1bn. So he puts that up as collateral to buy some gold worth $2bn dollars. A little while later the banks discover that the properties are only worth $100mm.   In this case $900mm has suddenly disappeared and moreover the banks are in deep shit because the Donald owes them $2bn and has posted collateral worth $100mm.   When they try to rough up Donald he tells them that instead if they go along with his ponzi scheme they might be able to sell his new $2bn property to someone else for $4bn, this way the banks will get their money bank and Donald will make a nice little profit. So the banks lend him some more money.   This scheme only works until people start refusing to buy these properties at Donald's prices. This is a nutshell what has happened. Property prices were much higher than they should have been and Banks had derivatives which weren't worth as much as they claimed. When the market/people wised up to this fact the prices came crashing down and money \"\"disappeared\"\".\""}
{"_id": "441191", "title": "", "text": "Why does 3000 employees strike you as such a high number? In number of employees per user, they have a pretty similar ratio to Facebook: http://royal.pingdom.com/2013/02/26/pinterest-users-per-employee/  And I would argue that the lack of growth in their user base has more in influence on Twitter's struggle to profitability than anything else."}
{"_id": "441197", "title": "", "text": "You need to file foreign qualification in any State you have physical presence in (warehouses, offices, etc). Including the State from which you personally operate (if it is not Nevada). You don't need to register in States to which you ship products."}
{"_id": "441198", "title": "", "text": "I don't know what to tell you there. But I will say for our position (in commercial banking) having 1.5 years experience programming isn't super compelling (beyond the work experience itself and initiative it shows). But that being said, commercial banking isn't complex math and there's not much opportunity to use your programming skills. I don't know what internships you applied for but I suggest joining a finance related club or something like that to demonstrate interest in the subject?"}
{"_id": "441213", "title": "", "text": "\"Does it ever make sense? Yes, but almost never.  If you're in a situation where you're invested in something with low rates (think government securities) or cash equivalents, then you do need to think about rate spread as you mention. Does the savings over the life over the mortgage beat out the 35% hit now, plus all the interest you would earn over those 20 years? Have you factored in other considerations such as mortgage interest deduction on taxes? Don't forget you need to think about how rates will change down the line (they can't go much lower, so potentially you'll get better rates in the 401(k) down the line). Don't forget there's also the impact of inflation; again the rates on your savings may go up, but your mortgage is a fixed payment, so with even a low rate of inflation, your payments effectively become \"\"less\"\" over time. If your investments are in something like stocks and bonds, then I would say undoubtedly you would want to keep the money in the 401(k). Time in market and compounding are your best friends over a long time horizon. Also, as mentioned by @JohnFX, the hit of your 35% now is something you will absolutely feel now. Hopefully not, but your life situation could change where you have an emergency and need to drain your savings or you may not see the end of that 20 years.\""}
{"_id": "441227", "title": "", "text": "Most likely no.  Just make sure to read the fine print.  I'm in exactly the same boat, I have a house with an FHA loan and will be refinancing to conventional then using it as an investment.  To refinance, you usually have to own 25% of your property before you can refinance, or buy another property with FHA financing. If you are planning on refinancing with FHA, then things might not work.  The only way around this is if you move like you said you might.  Take a look at this article section (A) for Relocations, good stuff: http://portal.hud.gov/FHAFAQ/controllerServlet?method=showPopup&faqId=1-6KT-879"}
{"_id": "441249", "title": "", "text": "&gt;Xin Guobin, vice-minister of industry and information technology, told a forum in the northern city of Tianjin at the weekend that his ministry had started \u201crelevant research\u201d and was working on a timetable for China.  &gt;Xin said the policy would be implemented \u201cin the near future\u201d, according to the official Xinhua news agency.  One guy in the bureaucracy announced to a group of irrelevant people that they're thinking of looking into it. This is another empty promise made to look good in the papers, not a real policy. Banning all gasoline cars in a country that size, with that weak and inconsistent of infrastructure? I'll believe it when I see it."}
{"_id": "441260", "title": "", "text": "Is this an inheritance (tax-free) or is it taxable income from a large project?  I won't argue with knocking out the student loan, it's a monthly payment that's nice to get rid of.  You make no mention of your age or your current retirement assets. Call me boring, but if I were handed $100K it would simply be added to the mix. A conservative withdrawal rate of 4%/yr, means that $100K to me is really a $4K annual income. That makes it seem like far less of a windfall, I know.  The problem I see in your question is that there's an inclination to 'do something' with it all. You've already trimmed it down to $40,000. As a freelancer with income that's probably not steady why not just start to put it aside for the long term. In good income years, a pretax account, in low income years, use a Roth IRA. As littleadv asks - what are your plans if any to buy a house? $40K may not even be a full downpayment."}
{"_id": "441282", "title": "", "text": "You\u2019re right.  I guess the point I\u2019m trying to make is not that Democrats and Republicans are not the same, but rather that neither party really cares to question the deep-rooted corruption of our system in any fundamental or meaningful way."}
{"_id": "441283", "title": "", "text": "I get exactly what you mean and I agree, but that reality of it is that that's not always possible. I have friends who are just barely able to pay rent and have to use the rest of their income to eat bread and butter for every meal. They work full-time and has two jobs (at one point he had three just to stay afloat after getting injured on his way to work), and he's not able to save up anything and even when he tracks his balances, he teeters on the fine edge of being evicted for not paying rent, starving to pay bills, or overdrafting."}
{"_id": "441295", "title": "", "text": "Minimum wage worker here.  I agree wholeheartedly.  Its not like I don't have the skills to do better.  But when even entry level jobs these days demand experience in the field, its pretty damn hard to break in.  Those internships haven't panned out as anything but an expense either.  I've got student loans, and you want me to go into further debt to do real work for the negligible hope of eventually getting a real job?    But I live in the US, where unpaid work is illegal for wage slaves doing menial work.  Instead, I have a cap of hours I can work, to keep me from earning overtime.   Its better than an unpaid internship."}
{"_id": "441300", "title": "", "text": "Pricing would just be another way to describe valuation. I guess if you want to get technical, pricing - is the act of getting somethings valuation. While valuation - is the estimate of somethings worth. Security analysis -  An examination and evaluation of the various factors affecting the value of a security. Side Note: While pricing is valuation, price is not. Price is how much the stock, or security costs most commonly determined by a market. Add On: The meaning of two words might matter depending on what context it is being used in. For example if we were talking about a market where an individual actually sets a price at random without doing any type of evaluation then this->answer that AlexR provides would better highlight the differences."}
{"_id": "441320", "title": "", "text": "&gt;Vice Media LLC is a North American digital media and broadcasting company.  Like I said they are a media company.   &gt;I have repeatedly acknowledged their faults  Even tho you have not. You actually barely done any such thing.  &gt;Because your sampling is very limited  You seem to have a habit of making assumptions and bullshit claims, should really address that.  My sampling is far from limited here.  I know enough to say with absolute certainty Vice journalism is on par of Buzzfeed, and has a noticeable liberal bias.  If I wanted fluff pieces to read I would go to Vice and that matter Buzzfeed.  But if I want actual investigative journalism I go elsewhere.    &gt;versus my analysis which is objective  lol.  Your analysis is no more subjective than mine is.  Claiming your analysis is objective is outright laughable."}
{"_id": "441342", "title": "", "text": "In a similar situation I wrote about How I Made $4,000+ on a Cash Back Credit Card Offer. The total was actually $4550, and was from an insane offer from a new credit card my bank advertised. 10% cash back on all spending during the first 90 days. I wondered if gift card purchases counted, and more than store cards, I saw that Visa gift cards with a $500 value sold for a $4.95 fee. A 1% hit.  It would have been foolish to load up, and realize that they were somehow excluded, so I bought 2 and followed the transaction on line. When I saw the 10% credit, I went full steam, and bought these, $2000 at a time, as that was the limit CVS imposed. In the end, I stopped at $50,000. (And the bank killed the online offer about $25K into this, but still honored my 90 days) Yes, I had to make payments mid cycle to avoid the card limit ($20K), but in the end, the bit of effort paid off. It took a bit over a year and a half to burn through them. In hindsight, I'd do it for $100K if the opportunity came up. Cash in the bank is earning near zero.    TL:DR Make a small purchase and confirm your card gives you the bonus you expect."}
{"_id": "441345", "title": "", "text": "I torrent all my shows.  For more exact numbers, runtimes are typically 22-23 minutes of content per half hour of syndication.  So it's more like 70% content if you include, intros &amp; credits.  But still, 1/3 fluff (roughly) is just unacceptable any way you cut it."}
{"_id": "441353", "title": "", "text": "Clearly this is doable and many people are doing exactly this.  At that kind of rate many will tell you to borrow as much as you can and invest.  This strategy does not work if you spend that money on dumb stuff, but you don't seem the type to do such a thing.  In some will argue that it is the only logical thing to do. Some will say that this is not a good idea due to risk.  Your chosen investment could lose value.  If this happens you would have been better off paying down your mortgage.   While my own interest rate is not as good as yours, it still pretty darn low (1.97%) after my tax discount.  Despite that I am aggressively paying down my mortgage.  My wife and I want to be debt free.  There is a certain freedom that comes along with that which cannot be explained by numbers."}
{"_id": "441379", "title": "", "text": "I can see other property owners being against it, because it would drive down the prices of their homes.  As it stands I think home pricing is a complete fucked up retarded system that mostly depends on your neighbors house values.  The whole things is a shambles.  EDIT: also any new owner of the property is responsible for back taxes I think.  That's also extremely fucked up."}
{"_id": "441384", "title": "", "text": "The methods for valuing a company are multiple and there is no one that is better than another. Depending on what information we have, we will find it more satisfying than another. FNBC Florida business broker is the best tool dedicated to the purchase and creation of companies through the network. In FNBC Florida we know that the needs of an entrepreneur are diverse, and therefore, the type of business that seeks to realize can be encompassed in various modalities, which can be found on the portal."}
{"_id": "441390", "title": "", "text": "&gt; Some worry that a basic income would basically make the masses slaves in a way because it wouldn't solve income inequality, it would make people dependent on a government hand out.  It does help reduce wealth disparity because it's generally a top down redistribution. The key selling point is that it likely won't be levied on people and everyone rich or poor will receive the same amount. In short it looks to be the most bipartisan option."}
{"_id": "441392", "title": "", "text": "\"Disney - Verb, the act of buying a large market share or company with the intent of mass producing its goods and services for maximum profit.  \"\"Thank goodness EA disneyed DraftKings. Now I can place bets on my Madden teams!\"\" ^/s, ^please ^don't ^sue ^me ^Disney.\""}
{"_id": "441394", "title": "", "text": "America is at 4.4% unemployment. If you can't find a job right now you live in a place that was dependent on oil for the majority of its revenue or you're a moron.   Are you honestly telling me you lost your job to someone with no education who doesn't speak the language?  You must be a terrible worker."}
{"_id": "441400", "title": "", "text": "\"I can understand your nervousness being 40 and no retirement savings.  Its understandable especially given your parents.   Before going further, I would really recommend the books and seminars on Love and Respect.  The subject matter is Christian based, but it based upon a lot of secular research from the University of Washington and some other colleges.  It sounds like to me, this is more of a relationship issue than a money issue.   For the first step I would focus on the positive.  The biggest benefit you have is:  Your husband is willing to work!  Was he lazy, there would be a whole different set of issues.  You should thank him for this.   More positives are that you don't have any credit card debt, you only have one car payment (not two), and that you are paying additional payments on each.  I'd prefer that you had no car payment.  But your situation is not horrible. So how do you improve your situation? In my opinion getting your husband on board would be the first priority.  Ask him if he would like to get the car paid off as fast as possible, or, building an emergency fund?  Pick one of those to focus on, and do it together.   Having an emergency fund of 3 to 6 months of expense is a necessary precursor to investing, anyway so you from the limited info in your post you are not ready to pour money into your 401K. Have you ever asked what his vision is for his family financially?  Something like:  \"\"Honey you care for us so wonderfully, what is your vision for me and our children?  Where do you see us in 5, 10 and 20 years?\"\"     I cannot stress enough how this is a relationship issue, not a math issue.  While the problems manifests themselves in your balance sheet they are only a symptom.  Attempting to cure the symptom will likely result in resentment for both of you.  There is only one financial author that focuses on relationships and their effect on finances:  Dave Ramsey.  Pick up a copy of The Total Money Makeover, do something nice for him, and then ask him to read it.  If he does, do something else nice for him and then ask him what he thinks.\""}
{"_id": "441401", "title": "", "text": "Dexmet Heavy Gauge and Decorative Mesh offers high rigidity in a variety of sizes and weights. Heavy Gauge expanded metal is defined by the required starting or original material thickness, which ranges between .015\u2033 and .090\u2033 thickness\u2019s. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "441408", "title": "", "text": "\"I just figured out that keys can be exchanged for certain chests that are worth more than normal ones, ($3.99) so I think that's why the worth is higher. I'm guessing it would be best to convert my keys into those and keep them for awhile while the community decides what the next main \"\"currency\"\" will be.\""}
{"_id": "441417", "title": "", "text": "If you really care about security you need to use the minimum amount of technology required to accomplish your task.  Systems can be mathematically proven correct but it requires exponential cost as complexity increases.  This is why NASA pays about $1,000 per line of code whereas the industry average is $18.  You could certainly build a system out of off the shelf parts, and it would probably work.  But there is no way to prove that a backdoor wasn't inserted at the factory in China or by a malicious developer paid off by some foreign government.  That $4 USB key you have was not designed with nuclear security in mind.  Even if you got the source code proven correctness would cost more than developing it yourself from scratch.  Yet you claim that somehow this unproven system is superior to a proven system in place for decades.  Why because it is flashy?  What extra functionality could it possibly offer?"}
{"_id": "441419", "title": "", "text": "\"**He's not claiming any particular business is worth $3.7 trillion you fucking dimwit.**       Like when someone says \"\"the soft drink business is worth an estimated Xbillion\"\" they don't mean any particular business in the soft drink game is worth Xbillion. If it makes it easier for your fat head to understand, what he's saying is the muni bond market is worth $3.7 trillion...just as the sources fucking pointed out.  Maybe next time you want to critique someone's article you should make sure you know how to actually comprehend what you're looking at. You really haven't got a fucking clue.\""}
{"_id": "441434", "title": "", "text": "The main point of the article from my perspective was that Uber should have fought the laws, rather than blatantly ignore them and operate illegally... and it's too late for them to do that.  That's why the author mentioned how the Uber CEO initial attack on Lyft was a claim that *they* were operating illegally.  Although I think the author is wrong for claiming all the 'tech' was coming to the taxi industry anyway (yeah, right).. I think the primary conclusion is that Uber's competitive advantage was mainly operating illegally."}
{"_id": "441450", "title": "", "text": "Other answers here explain very well the intent of your question. However, a word should be said about why people make different choices at all. So to directly answer your question, yes there is a theory but it does not say inaction is worse/better and instead explains why different people make different choices and how this information can be used to construct optimal portfolios for a specific individual. And that theory is called the Risk Aversion Theory. You can visit the following URLs to discover more about this theory:"}
{"_id": "441458", "title": "", "text": "\"This is the most glorious tap dance and broke hobo routine I've seen.  Look at my empty pockets, look at this business model, I'm just trying to fix a broken market. Meanwhile he's organized contracts with big data brokers, as people will fall for his poor harmless Joe routine and give full access to their demographic data to combine with those ticket purchases?   Netflix would buy that data in a heartbeat, to know what new movies to bring to platform, studios want it to hedge bets and assure funding from overseas with 3rd party data. Advertisers want that data so they can match advertising to these releases, merch, etc.  You think this ceo accidentally said ANY of this? It's as fake as the \"\"butter\"\" on your popcorn.\""}
{"_id": "441461", "title": "", "text": "Kushagra Nayan Bajaj received a young entrepreneur, He also achieved \u2019Young Achiever\u2019 award by the jury of the tenth  Rajiv Gandhi Awards. Prior to this, India Today  and he was nominated for the Indian government's Padma Shri award. Bajaj became Chief Executive with overall responsibility for operations at Bajaj Hindusthan Limited. He was later appointed Vice Chairman of the Bajaj Group."}
{"_id": "441462", "title": "", "text": ""}
{"_id": "441476", "title": "", "text": "&gt; Michael Preiss was happy to escape the corporate grind after being laid off by International Business Machines Corp. in 2001. He became a contractor, earning more than $100,000 a year from steady assignments helping companies figure out how to do things faster and cheaper. &gt;  That work eventually dried up. The past decade has been a revolving door of outsourced jobs for shrinking pay, fear that any day at a company could be his last, and reminders that full-time employees live in a different world, even though they often sit at the next desk. Mr. Preiss says one manager reprimanded him because co-workers complained that he laughed too loudly.       An experienced tech contractor that does process reengineering who earns less than $50 per hour?  Something doesn't add up.      Many industries have contractors who are taken advantage of.   In tech, contractors are often making 50-100% MORE than employees.  It is highly lucrative, a huge portion are contractors by choice (I am yet to work at a firm that didn't try to offer a lowball permanent position)."}
{"_id": "441497", "title": "", "text": "\"&gt; So raise taxes on individuals and eliminate business taxes? The government still has to pay for things eventually. The big thing the US pays for that other countries don't is our massive, most-expensive-in-the-world military, which can take up roughly half our budget,   Yes we should decrease military spending and stop policing the world. The biggest future expenditure will be unfunded obligations which are between $20 to $60 trillion USD. Without reform the US will go bankrupt. The dollar could be hyper-inflated which destroys  the value and people's savings. The dollar will lose world reserve currency status.  &gt; We defend other countries through alliances like NATO and bilateral agreements. For that, we need a higher tax rate. We can tax individuals or businesses.  Let other countries defend themselves unless they absolutely need help. People and businesses can be taxed, but high taxes and regulations are counter-productive. It hurts small business, innovation, job growth and pushes companies to move abroad and outsource.  There's alarming record high unemployment in the US:  &gt;**[One in Five Families Are on Food Stamps](http://reason.com/24-7/2013/04/25/one-in-five-families-are-on-food-stamps)**  The latest available data from the United States Department of Agriculture (USDA) shows that **a record number 23 million households in the United States are now on food stamps.**  &gt; The most recent Supplemental Assistance Nutrition Program (SNAP) statistics of **the number of households receiving food stamps shows that 23,087,886 households participated in January 2013 - an increase of 889,154 families from January 2012 when the number of households totaled 22,188,732.**   As John F. Kennedy said:.  &gt;**\u201cIt is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now \u2026 Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.\u201d**  &gt;\u2013 John F. Kennedy, Nov. 20, 1962, president\u2019s news conference  &gt;**\"\"'Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased \u2013 not a reduced \u2013 flow of revenues to the federal government.\u201d***  &gt;\u2013 John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964  &gt;\u201cIn today\u2019s economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarges the federal deficit \u2013 why reducing taxes is the best way open to us to increase revenues.\u201d*  &gt;\u2013 John F. Kennedy, Jan. 21, 1963, annual message to the Congress: \u201cThe Economic Report Of The President\u201d  [Read more]( http://www.wnd.com/2004/07/25640/#GRyFgRZYqUiKoud6.99)\""}
{"_id": "441512", "title": "", "text": "\"There is no formula to answer the question. You have to balance return on investment with risk. There's also the question of whether you have any children or other heirs that you would like to leave money to. The mortgage is presumably a guaranteed thing: you know exactly how much the payments will be for the rest of the loan. I think most annuities have a fixed rate of return, but they terminate when you both die. There are annuities with a variable return, but usually with a guaranteed minimum.  So if you got an annuity with a fixed 3.85% return, and you lived exactly 18 more years, then (ignoring tax implications), there'd be no practical difference between the two choices. If you lived longer than 18 years, the annuity would be better. If less, paying off the mortgage would be better. Another option to consider is doing neither, but keeping the money in the 401k or some other investment. This will usually give better than 3.85% return, and the principal will be available to leave to your heirs. The big drawback to this is risk: investments in the stock market and the like usually do better than 3 or 4%, but not always, and sometimes they lose money. Earlier I said \"\"ignoring tax implications\"\". Of course that can be a significant factor. Mortgages get special tax treatment, so the effective interest rate on a mortgage is less than the nominal rate. 401ks also get special tax treatment. So this complicates up calculations trying to compare. I can't give definitive numbers without knowing the returns you might get on an annuity and your tax situation.\""}
{"_id": "441518", "title": "", "text": "\"A good question -- there are many good tactical points in other answers but I wanted to emphasize two strategic points to think about in your \"\"5-year plan\"\", both of which involve around diversification: Expense allocation: You have several potential expenses. Actually, expenses isn't the right word, it's more like \"\"applications\"\". Think of the money you have as a resource that you can \"\"pour\"\" (because money has liquidity!) into multiple \"\"buckets\"\" depending on time horizon and risk tolerance. An ultra-short-term cushion for extreme emergencies -- e.g.  things go really wrong -- this should be something you can access at a moment's notice from a bank account. For example, your car has been towed and they need cash. A short-term cushion for emergencies -- something bad happens and you need the money in a few days or weeks. (A CD ladder is good for this -- it pays better interest and you can get the money out quick with a minimal penalty.) A long-term savings cushion -- you might want to make a down payment on a house or a car, but you know it's some years off. For this, an investment account is good; there are quite a few index funds out there which have very low expenses and will get you a better return than CDs / savings account, with some risk tolerance. Retirement savings -- $1 now can be worth a huge amount of money to you in 40 years if you invest it wisely. Here's where the IRA (or 401K if you get a job) comes in. You need to put these in this order of priority. Put enough money in your short-term cushions to be 99% confident you have enough. Then with the remainder, put most of it in an investment account but some of it in a retirement account. The thing to realize is that you need to make the retirement account off-limits, so you don't want to put too much money there, but the earlier you can get started in a retirement account, the better. I'm 38, and I started both an investment and a retirement account at age 24. They're now to the point where I save more income, on average, from the returns in my investments, than I can save from my salary. But I wish I had started a few years earlier. Income: You need to come up with some idea of what your range of net income (after living expenses) is likely to be over the next five years, so that you can make decisions about your savings allocation. Are you in good health or bad? Are you single or do you have a family? Are you working towards law school or medical school, and need to borrow money? Are you planning on getting a job with a dependable salary, or do you plan on being self-employed, where there is more uncertainty in your income? These are all factors that will help you decide how important short-term and long term savings are to your 5-year plan. In short, there is no one place you should put your money. But be smart about it and you'll give yourself a good head start in your personal finances. Good luck!\""}
{"_id": "441523", "title": "", "text": "I think you're being inexact with your comment about healthcare. Japanese healthcare outcomes are - by and large - not due to medical services or quality of clinical environments/hospitals.   For example, Japanese who live in Japan have a lower incidence of cardiovascular diseases (especially those related to life style and diet) than Japanese who move to the USA, or Americans generally. There are other areas - lung cancer, for example - where outcomes are better as well despite more Japanese who smoke (though relative amount of smoking per smoker may differ - I'm not sure how much).   The point is, Japanese health outcomes are largely better than US outcomes due to healthier lifestyles. I would go so far as to say it is the primary cause of comparatively better health outcomes."}
{"_id": "441527", "title": "", "text": "The proposed LightSquared service uses a frequency band (wavelength) that is adjacent to the GPS frequency band. A receiver *selectivity* is its ability to pass the desired signal and reject all others. This task is difficult if the desired signal is *close* an unwanted signal, and particularly difficult if the unwanted signal is much stronger than the desired signal.  The task to be sufficiently selective here does not appear to be impossible (one out of four were not disturbed), but GPS receiver designers in general, apparently didn't see the need to spend the additional resources to reject an unwanted adjacent that wasn't there. The frequency-band that LightSquared proposes to use was designated for satellite communication."}
{"_id": "441535", "title": "", "text": "When you get paid the product already exists. In the case of paper money, it represents a debt, that's correct, but it's debt on the work you already did in making those widgets.  If you were paid in gold that would be a simple barter of merchandise, with no promises attached. You would be exchanging a certain number of widgets for a material that can be used to make jewelry."}
{"_id": "441536", "title": "", "text": "When clearing funds from the sale of a home the following usually happens (USA): The left over amount is what you get.  Your real estate agent should be able to go over all of that with you. If they haven't then you need to get a better real estate agent. Assuming you haven't listed the house on the market yet then you should probably start by finding out what the pay off amount is on your existing home (call your mortgage company), then look at the prices of recently sold homes in your neighborhood for a comparable house (same style/square footage/amenities) to see what it sold for. Now you will know exactly what all those costs are prior to sitting down and signing the paperwork for the sale during the closing proceedings.  If for some reason the amount is less than what you owe on it then the mortgage company would have to be involved for you to even sell it. If the real estate market in your area is somewhat normal, you bought the house on a standard fixed rate mortgage, you've been paying faithfully these past 17 years, you haven't gotten a home equity line of credit (HELOC) loan (or otherwise cashed out of your equity at any point), you've kept up the maintenance of the place and there are no liens against the property (ie: unpaid taxes, lawsuits, etc) then it is highly likely you will get money from the sale of the house.  However we (internet people) don't know any of those details; so talk to a good real estate agent."}
{"_id": "441540", "title": "", "text": "Are you looking for Creative Agency in Sydney or Australia? Designfox offered Creative services. It\u2019s a busy landscape out there. If you want to be heard, then you have to grab attention and if you want to grab attention you have to be interesting. Place a creative idea at the heart of your advertising or marketing campaign and watch what real cut through can mean for a business. Our Design services include: \u2022 Brochures \u2022 Catalogues \u2022 Print Advertising \u2022 Packaging \u2022 Direct Mail \u2022 Campaign Design \u2022 Art Direction Contact us for more information  http://designfox.com.au/what-we-do/design/"}
{"_id": "441558", "title": "", "text": "I only watched a few minutes of that (not strictly work related, unfortunately) and haha...she cut him off twice!  Ok, so that wasn't her best - but other interviews I've seen her conduct have been better.     And yeah, I'm basing my rating on attractiveness..."}
{"_id": "441568", "title": "", "text": "manage the company properly. If you aren't much aware about company rules and regulation or tax matters, get an accountant so that you don't mess up later. better off paying my self a dividend of 100% profit or as an employee? That depends on how much salary you intend to pay yourself, your dividend or how much business expenses you will incur while running the business.  Generally speaking you are better off paying your self a minimum salary and pay the rest as dividends. But check out the dividend tax and the income tax you might need to pay and compare which situation you are better off. If you have a partner, using the dividend way will reduce your NI outgoes. ethical and legal? Ethically the dividend way might burn your conscience but it is perfectly legal way of doing things."}
{"_id": "441582", "title": "", "text": "It will not be a problem; people regularly move larger sums. It will be reported to law authorities as large enough to be potentially of interest, but since you can explain it that's fine."}
{"_id": "441585", "title": "", "text": "I still love Airbnb for specific types of trips with a group of at least 4 other than that I\u2019ll go with a hotel.  I like the amenities of a hotel and I don\u2019t want to spend time cleaning on the back end to make sure I keep my deposit."}
{"_id": "441591", "title": "", "text": "''that WE THE PEOPLE did not become owners of the PUBLICLY TRADED companies.'' This statement is inaccurate. The government received stocks, corporate bonds and the likes for every company they helped during the last financial statement. One article I read even suggest that we made a return on our investment with the capital gains , dividend and interest we received.  Also dividend is a form of income so you're not giving a new idea you are just changing a word.  How would you calculate those dividend? With what money would you pay such a program?"}
{"_id": "441603", "title": "", "text": "If you're looking to learn more about investing for personal use (as opposed to academic interest), I'd recommend something like The Ages of the Investor instead."}
{"_id": "441607", "title": "", "text": "At a certain point, your subordinates will test your limits. Recognize these minor infractions for what they are, and address them immediately. If you cut people slack on coming in late, cutting out early, not doing their job, ect, they will escalate into bigger problems."}
{"_id": "441616", "title": "", "text": "GetApproved Motor Finance is trusted in Australia to provide a convenient, fast &amp; low cost service to obtain car finance in Perth. They help you compare car loan &amp; provide low rate car insurance. Jeremy Hughes Perth is a founder of GetApproved Finance, a online car lending provider. Jeremy is a good entrepreneur with skills in Business Planning, Strategic Planning, Marketing Strategy, Consumer Financing etc."}
{"_id": "441620", "title": "", "text": "Bach's style has transcended any time period, which is shown by the fact he is still wildly popular. What you are really arguing is that one's fate is determined at birth, and I will not entertain such a stupid thing."}
{"_id": "441626", "title": "", "text": "\"Another thing that insurance companies try to do with these types of vehicles is to promote the \"\"cash value\"\" of the policy. The longer you participate in the policy, the more your cash value goes up (assuming the investments perform reasonably well). The selling point is that at any time you can take out part of that cash value without impacting your insurance policy. A lot of people see that benefit as being the same as either putting the money in the bank or investing it, when actually they could do better if they did either of those things themselves. One true advantage of the whole term policy is that if you should fall on hard times and are not able to work, the premium payments can be taken out of the cash value. That way even if you can't make the monthly payments, the insurance policy basically pays for itself. I actually experienced this myself many years ago after I lost my job and had some health issues. I was out of work a long time, but my life insurance never lapsed. That in itself made it worthwhile for me.\""}
{"_id": "441632", "title": "", "text": "You're correct about the 401(k). Your employer's contributions don't count toward the $18k limit. You're incorrect about the IRAs though. You can contribute a maximum of $5500 total across IRA and Roth IRA, not $5500 to each. There are also limits once you reach higher levels of income. from IRS.gov: Retirement Topics - IRA Contribution Limits: For 2015, 2016, and 2017, your total contributions to all of your traditional and Roth IRAs cannot be more than:"}
{"_id": "441663", "title": "", "text": "Trains haven't been designed to conduct themselves. Yet.  Busses haven't been designed to drive themselves. Yet.  Subways haven't been designed to conduct themselves. Yet.  Airplanes have been designed to fly themselves and do so for more than 90% of the trip. They also happen to have the safest record of all forms of travel.   I never mentioned elevators but both airplanes and elevators are machines that move people from one place to another that used to be operated by a trained professionals and now pretty much run themselves. Both are still monitored by humans in case of emergency. Both still need regular maintenance by highly trained professionals. Both still have the potential to fail and injure or kill their occupants. I see nothing ludicrous about the comparison of the two in the context of automated people-movers."}
{"_id": "441669", "title": "", "text": "The best thing about AdvoCare is that not only can you get a great discount on the products you use for yourself but by becoming an Advisor, you can build your own business and be on your way toward reaching your financial freedom. AdvoCare is like owning and operating your own mini franchise without having to pay the huge franchising fee."}
{"_id": "441700", "title": "", "text": "I'm going to have to agree with /u/LupusSuperius. That's too broad. I think you should go for economics, that'll cover most of your interests. Then do some reading on investment\u200b.  I don't have any recommendations for you, though. Hopefully someone will pitch in."}
{"_id": "441718", "title": "", "text": "This may be a good or a bad deal, depending on the fair market value (FMV) of the stock at the time of exercise. Let's assume the FMV is $6, which is the break even point. In general this would probably be treated as two transactions. So overall you would be cash neutral, but your regular tax income would be increased by $30,000 and your AMT income by $60,000."}
{"_id": "441732", "title": "", "text": "I believe your last requirement is the main problem.  AIUI the law requires that ISA providers allow withdrawals.  They can require a notice period and they can penalise you (e.g. via lost interest) for withdrawing but they cannot prevent you accessing your money for an extended period."}
{"_id": "441768", "title": "", "text": "Initial Margins and Maintenance margins can be used for both stocks as well as futures. It depends on which broker you use and what services they offer. The initial Margin is used to cover the purchase, the maintenance margin is used to ask additional funds in case the value of the underlying equity changes drastically before settlement. You can start with the investopedia article on initial margin and Maintenance margin"}
{"_id": "441772", "title": "", "text": "There were 100 causes to the current mess and I will assume that we will need 100 solutions, with the stimulus being one.  If I use a bucket to bailout 10 gallons of water but in the same time the boat takes on five gallons, I need to stop the leak but I also have to keep bailing."}
{"_id": "441787", "title": "", "text": "In addition to being hauled before Congress, Mylan agreed in October to pay $465 million to settle federal allegations that it falsely classified EpiPen to overcharge Medicaid. Mylan did not admit to any wrongdoing.  They don't admit to any wrongdoing because that makes the fine tax deductible in most cases. The government let's them do this and the taxpayer get fucked and then pays part of the fine for fucking them. The tax code needs to be rewritten such that any settlement with the government over misconduct is entirely off limits for deduction."}
{"_id": "441836", "title": "", "text": "You should also look outside the box. There are non profit credit relief organizations that will give you free credit counseling. Don't pay for it though. There are some organizations that are shady in offering counseling but they wreck your credit by asking you to stop making your payments. Some of the legitimate organizations out there have ties to credit unions and banks that can offer you some loans to consolidate your debt at rates lower than those you mentioned in your questions. You should probably also approach a credit union directly and discuss debt consolidation loan options. Even if you can only knock out the debts with the highest interest rate, that's a good first step."}
{"_id": "441841", "title": "", "text": "\"We're conditioned to ignore ads.  While growing up the \"\"commercial break\"\" was used for other activities like getting food or taking a piss.  Now with other mediums available including ways to circumvent ads, ie. ad block &amp; streaming, there is minimal penetration.  Even ads we cannot block out, ie. billboards, we simply read and forget.\""}
{"_id": "441847", "title": "", "text": "Recently, over 11 lakh PAN cards has been deactivated by the Income Tax Department to fetch out fake and duplicate PANs. The main targets are the individuals who are having multiple PAN cards and those with PAN cards issued under fake documents. Blocking fake PAN cards can help the government restrain identity theft and purchase of benami properties."}
{"_id": "441866", "title": "", "text": "\"My wife and I maintain seperate accounts. We have the bills split between us so that certain bills are paid by one of us, and other bills by the other. This is not a perfect 50/50 split as we don't make the same amount of money, but comparable enough that neither feels like they're doing all the bills alone. Our investments are similar. That means we each have a pool of money that we can spend on toys or entertainment as we see fit without overspending. Once my bills are paid and my savings are paid for the month, if I want to go buy some DVDs and my wife wants to buy a new lens for the camera, we don't have to agree. We just use our own money and do it. For us that's led to minimal friction or arguments over what to spend money on, simply because we aren't using the same pool. Getting it work requires getting the split right AND having the mindset that the other person is just as entitled to spend their share of the money as you are to spend yours. It really helps to eliminate issues where she spent money that I expected to be able to spend before I could, which can happen in a joint account. (We have no joint accounts, only things like the mortgage are in both our names.) I've been told by more then one person that how we're doing it is \"\"wrong\"\", but it works a lot better for us then trying to combine finances ever did. I think it also helps that we're younger, and this seems far less common amongst older couples.\""}
{"_id": "441874", "title": "", "text": "You should not pay down the debt in collections until you have a reasonable amount of money to offer as a settlement. The exception is the traffic fines -- you may have legal liability for not paying them."}
{"_id": "441876", "title": "", "text": "A few years back JetBlue offered discounted flights across the States. Reddit pooled money together and bought a guy tickets to destinations selected by Reddit.  The guy met up with local Reddit users who showed him around town.  His trip ended in jersey where he ended up in jail on murder charges.  Apparently he couch surfed at dome guy's house and this guy tried to drug him and sexually assaulted him.  He woke up pissed off and killed the dude."}
{"_id": "441893", "title": "", "text": "Not really my field but this is how I see the impact   Disadvantages for banks : not being able to chose where they park assets/cash they have been trusted with which mean lower income from investing those  disadvantage for banks shareholders : less earnings   disadvantage for the economy : harder criteria to lend, lower loan growth   advantage for the economy : (theoretically) less risks of liquidity crunch and financial crisis"}
{"_id": "441904", "title": "", "text": "Inflation is a reflection on the expansion of the money supply, aka debt,  being created by a central bank. Fiat currencies usually inflate, because there is no limit to the amount of debt that can be created. The consequences of reckless money supply expansion can be seen throughout history, see Zimbabwe, though there have been many others...Brazil, Argentinia, etc..."}
{"_id": "441905", "title": "", "text": "I tried to look this up. What I understand is that on average infant mortality tends to be under reported in poor areas of poor countries. I'm not seeing anything about a variation in how dead babies are counted in first world countries. Do you have a citation or more information?"}
{"_id": "441913", "title": "", "text": "Electronics dropshippers will offer you an tremendously big selection of digital merchandise at wholesale selling   prices.What ever type of electronic items you are searching for, and regardless if you desire to promote them inside   of your store, on your own web page or on eBay you'll discover what you are on the search for the following."}
{"_id": "441920", "title": "", "text": "While that sounds reasonable, it looks like most of the actual trading is done on the basis of changes rather than value.  At a guess, this is because computing the balance sheet anew with every change inhibits the speed with which transactions can be processed."}
{"_id": "441925", "title": "", "text": "There is no such understanding, and that's the point. It's just an appeal to popularity. It's the idea that one group of people can have an understanding and that this somehow applies to those who weren't a part of it. That's not how contracts or agreements work."}
{"_id": "441955", "title": "", "text": "Sounds like Haier\u2019s up or out policy where they fire the bottom 10% after performance review coaching. Ruthless improvement culture. A bit sad but perhaps it's just the fact that they've coordinated it. Does anyone know the average annual turnover for a company of that size?"}
{"_id": "441956", "title": "", "text": "Here is an IRS citation to support my comment above - Exceptions. The 10% tax will not apply if distributions before age 59   \u00bd are made in any of the following circumstances: Made to a beneficiary (or to the estate of the participant) on or   after the death of the participant, Made because the participant has a qualifying disability, Made as part of a series of substantially equal periodic payments   beginning after separation from service and made at least annually for   the life or life expectancy of the participant or the joint lives or   life expectancies of the participant and his or her designated   beneficiary. (The payments under this exception, except in the case of   death or disability, must continue for at least 5 years or until the   employee reaches age 59\u00bd, whichever is the longer period.), Made to a participant after separation from service if the separation   occurred during or after the calendar year in which the participant   reached age 55, Made to an alternate payee under a qualified domestic relations order   (QDRO), Made to a participant for medical care up to the amount allowable as a   medical expense deduction (determined without regard to whether the   participant itemizes deductions), Timely made to reduce excess contributions, Timely made to reduce excess employee or matching employer   contributions, Timely made to reduce excess elective deferrals, or Made because of an IRS levy on the plan. Made on account of certain disasters for which IRS relief has been   granted."}
{"_id": "441966", "title": "", "text": "I agree. One way is to only encourage education if it leads to a job that will pay. Alternatively, make school cheap enough that more degrees become financially logical.  One advantage of the second plan is that we keep getting to have arts."}
{"_id": "441990", "title": "", "text": "Asian Runway the worlds no.1 Asian modeling agency represents male models, female models, characters, dancers, presenters, actors, hair &amp; makeup artists and voice-over artists for TV commercials, fashion, catwalk and all asian media publications. Asian Runway manages more than 1000 talents across the UK providing models, actors, event managers, promotional staff, presenters, dancers, stylists &amp; make-up artists. Largest agency in Asian society, managing creative talent. Clients range from Advertising &amp; Sales Promotion Agencies to Fashion Retailers and Event &amp; Conference Organizers"}
{"_id": "441991", "title": "", "text": "U.S. companies have two fundamental problems not within their control (plus others of course)  1. Growth in China is slowing dramatically, cutting prices and demand for commodities we export.  Even companies like Yum (which owns KFC) are hurting)  2. European demand for finished and high tech products is down sharply.  So while American demand is trying to make a comeback, we are so inter-linked that American businesses cannot fix this by themselves.  If I were buying stock, I'd look at companies that produce and sell entirely in the U.S., Canada and Mexico.  Edit: And I'd stay the heck away from new investment in the BRICS  Edit2: And its fine (from an investment POV ) if companies source parts or material outside of the U.S./Canada/Mexico - just don't count on any sales strength to China or Europe or the BRICS."}
{"_id": "441999", "title": "", "text": "\"Paying in physical cash is almost never a good idea for large purchases (unless you like being audited and/or having lots of attention from law enforcement).  All purchases over $10k in cash need to have special forms filled out for the IRS and Financial Crimes Enforcement Network, so this is not a tinfoil hat conspiracy theory... if you do that on the regular, you ARE being investigated.  When people say \"\"cash\"\" for normal purchases, they generally mean a wire transfer (e.g. buying a house \"\"cash\"\" = wire transfer between banks).  In this case, purchasing a company \"\"cash\"\" is contrasted with purchasing with stock.  So instead of getting $13.7B of AMZN, Amazon takes out a loan (or pulls their money from cash on on hand) and transfers it to the financial institution handling the sale.  Everyone who owns WFM stock gets paid out in cash, as opposed to receiving some number of shares of AMZN.\""}
{"_id": "442005", "title": "", "text": "&gt; From what I hear and know you sell when you're up and buy when it's down.  That *is* how profit is attained.  However, if you're looking to *invest,* both buy and sell decisions should be made after extensive research and, generally, there should be some time between the two offsetting transactions.   If you personally decide to *trade*, which is more often and less likely to succeed (per se), that's up to you."}
{"_id": "442006", "title": "", "text": "&gt;Think about charging cables on your phone. Is there one kind? No. No one can agree on the standard.   This is a bad example. There are a couple of different standards for phone charger cables, most use micro USB, Apple phones use lightning. Simple.  &gt;If you are ok with 1 chip, why not 3? Why not 5?   There are a few different standards for RFID/NFC cards, the implantable chips are compatible with most of them.  Many people do have more than one implant, it's quite common for people to implant one in each hand.  &gt;Do some of them track your location? Maybe?  It depends what you mean by 'track your location'. There is no way to implant a chip inside a person that will let you remotely tell where they are like a GPS tracking device.  They let you track someones location the same way any RFID door entry card does. Eg: Employee #372 entered lab 6F at 13:04."}
{"_id": "442014", "title": "", "text": "\"Well, they probably don't offer health insurance at all.  That means they will have to pay for administrative costs, which are likely negligible for a company that already has HR infrastructure.  But the kicker is this:  \"\"employees may not be forced to pay more than 9.5 percent of their family income \"\"  So...if you are paying a someone $2.13 an hour plus tips out of a tip pool (let's say that ends up at $10 an hour -- probably a little high but it will suffice)  at 40 hours a week:  $1700/mo - SS and taxes...lets say $1500 and they get a $450/month PPO plan (employee only), the company is looking at paying $300/mo per employee.  More for those with families.  Since they are only paying employees $362/mo out of their own coffers since the remainder are tips, their labor costs increase by about 70-80%.  Of course, this only happens to employers that treat their employees like garbage.  Personally, I'd wonder if what they are doing with their tip based wage is even legal.  Sure doesn't seem like it should be.\""}
{"_id": "442023", "title": "", "text": "Yes, you may do this at any time before signing - but to make a change like this after the official loan documents have been drawn up will cost you extra fees.  The typical redraw fee is around $200 in CA.   Does it make sense to do so?  No, it does not.  If you have an extra 1%, it would probably be better to use that money to purchase a lower interest rate.  Here's an example: Let's say you're buying a $200,000 house and your offered interest rate is 4.75% (just an example).   With 10% down you'd have a loan amount of $180,000 and a p&i payment of $938.97 per month.   With 11% down you'd have a loan amount of $178,000 and a p&i payment of $928.53 per month. Now let's pretend you buy your interest rate down to 4.375%.  With 10% down you'd still have a loan amount of $180,000 but your p&i payment would be $898.71 per month.   Even though the last option gives you the best payment, if I were in your shoes I'd stick with the 10% down and save that extra cash in the bank for a rainy day.  Buying a home comes with a lot of new expenses and many are unexpected. Good luck!"}
{"_id": "442047", "title": "", "text": "\"[Eminent domain is unnecessary. ](http://www.independent.org/publications/tir/article.asp%3Fa%3D544&amp;ved=0ahUKEwiUiL-kncHUAhVHwYMKHW-6AwQQFgg3MAk&amp;usg=AFQjCNEmvzrYlgSvtt4g99YoUBtWmu9snA&amp;sig2=hN7CbtXtro_QRwAUrNlCKQ)  civ\u00b7i\u00b7li\u00b7za\u00b7tion  \u02ccsiv\u0259l\u0259\u02c8z\u0101SH(\u0259)n/  noun  the stage of human social development and organization that is considered most advanced.  \"\"they equated the railroad with progress and civilization\"\"  synonyms:human development,\u00a0advancement,progress,\u00a0enlightenment,\u00a0culture,refinement,\u00a0sophistication  \"\"a higher stage of civilization\"\"  the process by which a society or place reaches an advanced stage of social development and organization.  the society, culture, and way of life of a particular area.  plural noun:\u00a0civilizations; plural noun:\u00a0civilisations  \"\"the great books of Western civilization\"\"  synonyms:culture,\u00a0society,\u00a0nation,\u00a0people  \"\"ancient civilizations\"\"\""}
{"_id": "442048", "title": "", "text": "All the time. For high volume stocks, it may be tough to see exactly what's going on, e.g. the bid/ask may be moving faster than your connection to the broker can show you.  What I've observed is with options. The volume on some options is measured in the 10's or 100's of contracts in a day. I'll see a case where it's $1.80/$2.00 bid/ask, and by offering $1.90 will often see a fill at that price. Since I may be the only trade on that option in the 15 minute period and note that the stock wasn't moving more than a penny during that time, I know that it was my order that managed to fill between the bid/ask."}
{"_id": "442053", "title": "", "text": "I've been at it for 17 years and, in that time, seen thousands of companies skyrocket ahead of me. Are those founders smarter? No. But nor are they necessarily dishonest. In that same time I've seen tens of thousands of companies fail.   One thing I know is that being transparent and honest with my clients and employees has led to more personal satisfaction in my life: I'm a very happy person. My friends, employees, and peers respect me. I can look in the mirror and feel good about the path I've chosen.  Yeah, maybe I don't get a private jet or that sweet piece of real estate I wanted. But at the end of the day, my happiness is worth more than any trinket. Sounds like you understand that too."}
{"_id": "442054", "title": "", "text": "It is a sign of the times. Companies like Monster.com apply to jobs all over the world for their clients, and flood companies with resumes. If you mean this is a metric highly correlated to unemployment, then you are incorrect. Job applications for one job at a Hyundai plant in Alabama are not, in fact, a sign of the times."}
{"_id": "442077", "title": "", "text": "Banks are audited, for obvious reasons. Their software is carefully audited and protected, also for obvious reasons. A branch manager can't normally bypass those without getting caught quite quickly. He might be able to issue himself a loan -- but it will have to be a loan that at least appears to conform to the bank's standards, and he'll have to pay it off just like any other loan."}
{"_id": "442109", "title": "", "text": "Do you write checks?  You are giving your bank account and routing number to anybody you have ever given a check to.  Your employer is paying taxes on your behalf, so they need your social security number so they can pay your social security taxes. Account and routing numbers are how deposits are made.  If you are concerned, create a free checking account, collect the direct deposit and each payday go to the bank and withdraw your money to put it where you like. Nothing is deposit only because you will want your money back. Finally, you would be shocked at how little it takes to make a draft on your account in the US.  Certainly not your SSN, Address, or even your name."}
{"_id": "442110", "title": "", "text": "75k is short of the 'highly compensated' category.  Most US citizens in that pay range would consider paying someone to do their taxes as an unnecessary expense.  Tax shelters usually don't come into play for this level of income.  However, there are certain things which provide deductions. Some things that make it better to pay someone:   Use the free online tax forms to sandbox your returns.  If all you're concerned about is ensuring you pay your taxes correctly, this is the most cost efficient route. If you want to minimize your tax burden, consult with a CPA.  Be sure to get one who is familiar with resident aliens from your country and the relevant tax treaties. The estimate you're looking at may be the withholding, of which you may be eligible for a refund for some part of that withholding.   Tax treaties likely make sure that you get credit on each side for the money paid in the other.  For example, as a US citizen, if I go to Europe and work and pay taxes there, I can deduct the taxes paid in Europe from my tax burden in the US.  If I've already paid more to the EU than I would have paid on the same amount earned in the US, then my tax burden in the US is zero.  By the same token, if I have not paid up to my US burden, then I owe the balance to the US.  But this is way better than paying taxes to your home country and to the host country where you earned the money."}
{"_id": "442111", "title": "", "text": "Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c -Babylonlaw - 19006681 D\u1ecbch v\u1ee5 Kh\u1eafc d\u1ea5u Babylon nh\u1eadn Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c v\u1edbi gi\u00e1 th\u00e0nh r\u1ebb nh\u1ea5t. D\u1ecbch v\u1ee5 Kh\u1eafc d\u1ea5u Babylon \u0111\u1ea3m b\u1ea3o Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c nhanh ch\u00f3ng, r\u00f5 n\u00e9t, \u0111\u00fang ki\u1ec3u d\u00e1ng v\u00e0 m\u1eabu m\u00e3 theo y\u00eau c\u1ea7u c\u1ee7a kh\u00e1ch h\u00e0ng. Kh\u00e1ch h\u00e0ng c\u00f3 th\u1ec3 \u0111\u1eb7t Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c t\u1ea1i Babylon b\u1ea5t c\u1ee9 khi n\u00e0o kh\u00e1ch h\u00e0ng c\u1ea7n, ch\u00fang t\u00f4i s\u1eb5n s\u00e0ng ph\u1ee5c v\u1ee5 24/24h t\u1ea5t c\u1ea3 c\u00e1c ng\u00e0y trong tu\u1ea7n.  V\u1edbi \u0111\u1ed9i ng\u0169 nh\u00e2n vi\u00ean n\u0103ng \u0111\u1ed9ng, nhi\u1ec7t t\u00ecnh, c\u00f3 k\u1ef9 thu\u1eadt cao v\u00e0 gi\u00e0u kinh nghi\u1ec7m, d\u1ecbch v\u1ee5 Kh\u1eafc d\u1ea5u Babylon \u0111\u1ea3m b\u1ea3o \u0111em \u0111\u1ebfn cho kh\u00e1ch h\u00e0ng nh\u1eefng s\u1ea3n ph\u1ea9m c\u00f3 ch\u1ea5t l\u01b0\u1ee3ng, gi\u1ea3i ph\u00e1p t\u1ed1i \u01b0u v\u00e0 d\u1ecbch v\u1ee5 ho\u00e0n h\u1ea3o nh\u1ea5t. \u0110\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 h\u1ec7 th\u1ed1ng m\u00e1y m\u00f3c, trang thi\u1ebft b\u1ecb hi\u1ec7n \u0111\u1ea1i (Kh\u1eafc d\u1ea5u b\u1eb1ng ph\u01b0\u01a1ng ph\u00e1p c\u00f4ng nghi\u1ec7p, s\u1eed d\u1ee5ng k\u1ef9 th\u1eadt Laser) Kh\u1eafc d\u1ea5u Babylon nh\u1eadn Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c ch\u00ecm ho\u1eb7c d\u1ea5u n\u1ed5i v\u1edbi c\u00f4ng ngh\u1ec7 hi\u1ec7n \u0111\u1ea1i nh\u1ea5t. Ngo\u00e0i ra ch\u00fang t\u00f4i c\u00f2n cung c\u1ea5p c\u00e1c lo\u1ea1i d\u1ea5u c\u1ee7a c\u00e1c h\u00e3ng d\u1ea5u n\u1ed5i ti\u1ebfng nh\u01b0: Shiny, Trodat, Colop,...Hi\u1ec7n ch\u00fang t\u00f4i nh\u1eadn l\u00e0m c\u00e1c m\u1eabu d\u1ea5u nh\u01b0: - D\u1ea5u h\u1ed9p l\u1eadt t\u1ef1 \u0111\u1ed9ng (M\u1eb7t d\u1ea5u kh\u1eafc b\u1eb1ng tia laser, s\u1eafc n\u00e9t, \u0111\u1ed9 b\u1ec1n cao) - D\u1ea5u c\u00e1n (Ch\u1ea5m m\u1ef1c tampon). - D\u1ea5u ki\u1ec3m d\u1ecbch, d\u1ea5u b\u1ea5m ch\u00ec, d\u1ea5u l\u0103n g\u1ea1ch, d\u1ea5u \u0111\u00f3ng g\u1ed1m. - D\u1ea5u \u0111\u00f3ng date, \u0111\u00f3ng s\u1ed1 (t\u1ef1 \u0111\u1ed9ng, \u0111i\u1ec1u ch\u1ec9nh b\u1eb1ng tay). - D\u1ea5u th\u1ef1c hi\u1ec7n theo m\u1eabu kh\u00e1ch h\u00e0ng,... Kh\u1eafc d\u1ea5u Babylon lu\u00f4n \u0111\u1eb7t l\u1ee3i \u00edch c\u1ee7a kh\u00e1ch h\u00e0ng l\u00ean h\u00e0ng \u0111\u1ea7u v\u00e0 l\u00e0m h\u00e0i l\u00f2ng m\u1ecdi kh\u00e1ch h\u00e0ng d\u00f9 l\u00e0 kh\u00f3 t\u00ednh nh\u1ea5t, ch\u00fang t\u00f4i \u0111\u1ea3m b\u1ea3o mang \u0111\u1ebfn cho kh\u00e1ch h\u00e0ng c\u00e1c s\u1ea3n ph\u1ea9m d\u1ea5u li\u1ec1n m\u1ef1c ch\u1ea5t l\u01b0\u1ee3ng cao v\u1edbi gi\u00e1 th\u00e0nh r\u1ebb nh\u1ea5t. Kh\u00e1ch h\u00e0ng Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c t\u1ea1i Babylon s\u1ebd \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o m\u1ed9t s\u1ed1 l\u1ee3i \u00edch t\u1eeb d\u1ecbch v\u1ee5 nh\u01b0: - T\u01b0 v\u1ea5n nh\u1eefng gi\u1ea3i ph\u00e1p h\u1ee3p l\u00fd, t\u1ed1i \u01b0u, ph\u00f9 h\u1ee3p nhu c\u1ea7u Kh\u00e1ch h\u00e0ng; - T\u01b0 v\u1ea5n d\u1ecbch v\u1ee5 th\u00e0nh l\u1eadp doanh nghi\u1ec7p mi\u1ec5n ph\u00ed - Giao h\u00e0ng t\u1eadn n\u01a1i trong th\u1eddi gian nhanh nh\u1ea5t (Giao h\u00e0ng tr\u00ean ph\u1ea1m vi to\u00e0n qu\u1ed1c); - Giao h\u00e0ng ch\u00ednh h\u00e3ng, ch\u1ea5t l\u01b0\u1ee3ng \u0111\u1ea3m b\u1ea3o; - Qu\u00fd kh\u00e1ch \u0111\u1eb7t h\u00e0ng v\u1edbi s\u1ed1 l\u01b0\u1ee3ng l\u1edbn s\u1ebd \u0111\u01b0\u1ee3c gi\u1ea3m gi\u00e1.  H\u00e3y li\u00ean h\u1ec7 v\u1edbi Babylon \u0111\u1ec3 \u0111\u01b0\u1ee3c t\u01b0 v\u1ea5n mi\u1ec5n ph\u00ed v\u00e0 \u0111\u01b0\u1ee3c cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 Kh\u1eafc d\u1ea5u t\u1ed1t nh\u1ea5t! H\u00e0 N\u1ed9i City: P.G03, T\u00f2a nh\u00e0 133 Th\u00e1i H\u00e0, \u0110\u1ed1ng \u0110a, H\u00e0 N\u1ed9i Tel: 043.5381159 - 043.5381160 Hotline: 1900 6655 - Fax: 043.5381170 H\u1ed3 Ch\u00ed Minh City: P. 802 - s\u1ed1 180-182 L\u00fd Ch\u00ednh Th\u1eafng - P9.Q3 Tel: 0839.315.382 - Hotline: 1900 6655 Mobile: 093.601.1786 H\u1ea3i Ph\u00f2ng City: S\u1ed1 5 Nguy\u1ec5n B\u00ecnh - \u0110\u1ed5ng Qu\u1ed1c B\u00ecnh - Ng\u00f4 Quy\u1ec1n Tel: 031.3261.886 - Hotline: 1900 6655"}
{"_id": "442114", "title": "", "text": "Up the standards for employment, raise the wages, and give your people customer service oriented training, and McDonald's service could be as good as chikfila's. And it is already proven that people will pay slightly more for great service (chikfila) so they could definitely sustain it with a price increase."}
{"_id": "442122", "title": "", "text": "All of this makes perfect sense and I can definitely see the logic behind it.  But I don't think Hedge Funds are the way to go. The real money lies in real estate, more specifically land-banking. The problem, though, is that a lot of land-banking investments are really just scams and it's really hard to tell which ones are real and which ones are fake."}
{"_id": "442123", "title": "", "text": "Well i agree but companies like facebook are sort of natural monopoly. If you putted on a graph maybe it wont look like that but if you use a social account then you do not need to use another one and if you are going to choose one you ll most likely choose the biggest one? I think this applies to most internet based companies and we know america has lot of."}
{"_id": "442127", "title": "", "text": "I have found The DRiP Investing Resource Center to be a useful resource for more information about DRIP investing.  Moneypaper.com offers a list of companies offering both direct purchase options and dividend reinvestment plans. For those offering dividend reinvestment plans, but not direct purchase, you have the option of using a service to purchase your first shares to enroll in the DRIP program.  The tax paperwork for DRIPs is a pain due to the partial shares purchased over time when you have to figure out your own cost basis upon sale of shares , but a spreadsheet and a FIFO (first in first out) approach makes it not too much of a headache.   -MU"}
{"_id": "442133", "title": "", "text": "It is very simple.  You bought the house when prices were near their peak in 2008.  Housing prices have dropped considerably since then which was the main cause of the mortgage debacle because people had houses that were worth less than their mortgages."}
{"_id": "442142", "title": "", "text": "I suggest to start charging slightly more than needed to cover expenses. All you need is to show profit. It doesn't have to be significant - a couple of hundred of dollars of consistent yearly profit should suffice to show a profitable business. Then you can deduct on Schedule C all the related expenses. The caveat is that the profit (after the deduction of the expenses will be a bit smaller) will be subject to not only income tax but also the self-employment tax. But at least you'll pay tax on profit that is not entirely phantom. I remember suggesting you getting a professional consultation on this matter a while ago. You should really do that - talk to a EA/CPA licensed in your state, it may be well worth the $100-200 fee they'll charge for the consultation (if at all...)."}
{"_id": "442146", "title": "", "text": "Yes, you can send in a 2012 1040-ES form with a check to cover your tax liability. However, you will likely have to pay penalties for not paying tax in timely fashion as well as interest on the late payment. You can have the IRS figure the penalty and bill you for it, or you can complete Form 2210 (on which these  matters are figured out) yourself and file it with your Form 1040. The long version of Form 2210 often results in the smallest extra amount due but is considerably more time-consuming to complete correctly. Alternatively, if you or your wife have one or more paychecks coming before the end of 2012, it might be possible to file a new W-4 form with the HR Department with a request to withhold additional amounts as Federal income tax. I say might because if the last paycheck of the year will be issued in just a few days' time, it might already have been sent for processing, and HR might tell you it is too late. But, depending on the take-home pay, it might be possible to have the entire $2000 withheld as additional income tax instead of sending in a 1040-ES. The advantage of doing it through withholding is that you are allowed to treat the entire withholding for 2012 as satisfying the timely filing requirements. So, no penalty for late payment even though you had a much bigger chunk withheld in December, and no interest due either.  If you do use this approach, remember that Form W-4 applies until it is replaced with another, and so  HR will continue to withhold the extra amount on your January paychecks as well.  So, file a new W-4 in January to get back to normal withholding. (Fix the extra exemption too so the problem does not recur in 2013)."}
{"_id": "442152", "title": "", "text": "\"If you must play with these scammers, be sure to open a new account, at a new bank, in order to supply \"\"personal banking information\"\".  If it does pan out and they give you some money, you can always move it to your real bank account. Be sure to deposit into the new account no more than you're willing to lose to them.\""}
{"_id": "442158", "title": "", "text": "If your partner starts cheating you or you have a doubt on it, don\u2019t go directly and blame him/her. Before taking such step, first start noticing your partner\u2019s behavior and make full proof of that. You can also hire investing agencies that help you in partner background checks."}
{"_id": "442176", "title": "", "text": "&gt;Like TV, where the shows are worth nothing       I'm pretty sure people work on television shows and want to get paid.  I still don't understand the concept of immediate public domain for performances.  If I pony up to put on a production, why does the fact that that production was recorded make it free to everyone?"}
{"_id": "442179", "title": "", "text": "Go to a large reference library and ask to see the Wall Street Journal for October 13 1992."}
{"_id": "442196", "title": "", "text": "Banana Republic is so sad. when I first encountered them in the 80s they **were** an outlet store - they bought left over crap from all over the world and sold it to college kids on the cheap.  Then they got bought by The Gap..."}
{"_id": "442211", "title": "", "text": "\"Its amazing how little users in the business subreddit know or even have a basic understanding of bitcoin/cryptocurrencies when people are literally investing [more than a billion dollars](http://blocktribune.com/september-promises-busy-ico-market/) and as the op article states is worth over a hundred billion dollars in just 9 months.  Some of you are calling it a \"\"bubble\"\" and while that may be true for the entire market (leaving some of these startups dead in the water), bitcoin is merely gaining traction as it has done since it was worth pennies. It rises, dips, rises higher, dips, rises to even higher heights. There is revolutionary technology in cryptocurrencies that people in the forefront of business should be paying attention to. Some of the cryptocurrencies are going to succeed, it's just a matter of which ones. Bitcoin is not a bad bet.\""}
{"_id": "442227", "title": "", "text": "\"Probably leads to increased sales for a period thereafter, plus new Prime memberships.   Disclosure about Prime members is nonexistent, but an increase would be seen in its \"\"unearned revenue\"\" account in the next quarter's report.   FTA:  &gt;\u201cTens of millions\u201d of Prime members made a purchase during the sale this year, more than 50 percent higher than last year, Amazon said.  It's never bad to remind tens of millions of people why they pay you $99/yr.\""}
{"_id": "442229", "title": "", "text": "Timo's concern may be accurate, but talking to the bank is the next step.  If I am the banker, I'm happier that (a) there's 25% down, and (b) it's not an additional loan as some might get from a parent.  It's not that your parents have a lien for the 25% as a lender would, the structure is ownership, they own 25%. An important, if not obvious, distinction.  Timo is right that as an asset of the parents, the ownership stake is at risk if their finances run into issues. Other than that, so long as all is done above board, your proposal can work. The bank will want your parents to sign the note of course, you can't mortgage property you don't fully own."}
{"_id": "442230", "title": "", "text": "Creditworthiness is proven over time. The longer your track record of making payments on time, the more probable you will stick to credit agreements in future (or so the reasoning goes). Conversely, someone who has only just started applying for credit could be someone whose finances were previously stable but have now started to get into difficulty. Obviously this is not necessarily the case but it is one possible inference. This inference is strengthened when same person applies for further credit in a short space of time.  Ultimately, what is considered positive is a stable credit record over a reasonable period of time, because it indicates you stick to payment schedules and don't suddenly need credit due to money problems. Credit card accounts are considered a good indicator of credit status because they imply what kind of borrower you are. Whereas many credit arrangements present a straightforward case of arrears / no arrears (e.g. think of a mobile phone account \u2013 either you pay your bill or you don't), with credit cards there is an element of flexibility in how much you borrow, and how much of that you repay. If you run up four figure monthly balances but clear them in full each month without fail, that is a good sign. If your average balance is increasing and you are paying on time but just the minimum amount, that is a potential flag. In other words, credit cards are of particular interest because they paint a more nuanced picture. Provided you use one responsibly, getting and using a credit card may improve your status with credit reference agencies."}
{"_id": "442241", "title": "", "text": "A traditional bank is not likely to give you a loan if you have no source of income. Credit card application forms also ask for your current income level and may reject you based on not having a job. You might want to make a list of income and expenses and look closely at which expenses can be reduced or eliminated. Use 6 months of your actual bills to calculate this list. Also make a list of your assets and liabilities. A sheet that lists income/expenses and assets/liabilities is called a Financial Statement. This is the most basic tool you'll need to get your expenses under control. There are many other options for raising capital to pay for your monthly expenses: Sell off your possessions that you no longer need or can't afford Ask for short term loan help from family and friends  Advertise for short term loan help on websites such as Kijiji Start a part-time business doing something that you like and people need. Tutoring, dog-walking, photography, you make the list and pick from it. Look into unemployment insurance. Apply as soon as you are out of work. The folks at the unemployment office are willing to answer all your questions and help you get what you need. Dip into your retirement fund. To reduce your expenses, here are a few things you may not have considered: If you own your home, make an appointment with your bank to discuss renegotiation of your mortgage payments. The bank will be more interested in helping you before you start missing payments than after. Depending on how much equity you have in your home, you may be able to significantly reduce payments by extending the life of the mortgage. Your banker will be impressed if you can bring them a balance sheet that shows your assets, liabilities, income and expenses.   As above, for car payments as well. Call your phone, cable, credit card, and internet service providers and tell them you want to cancel your service. This will immediately connect you to Customer Retention. Let them know that you are having a hard time paying your bill and will either have to negotiate a lower payment or cancel the service. This tactic can significantly reduce your payments. When you have your new job, there are some things you can do to make sure this doesn't happen again: Set aside 10% of your income in a savings account. Have it automatically deducted from your income at source if you can. 75% of Americans are 4 weeks away from bankruptcy. You can avoid this by forcing yourself to save enough to manage your household finances for 3 - 6 months, a year is better. If you own your own home, take out a line of credit against it based on the available equity. Your bank can help you with that. It won't cost you anything as long as you don't use it. This is emergency money; do not use it for vacations or car repairs. There will always be little emergencies in life, this line of credit is not for that.  Pay off your credit cards and loans, most expensive rate first. Use 10% of your income to do this. When the first one is paid off, use the 10% plus the interest you are now saving to pay off the next most expensive card/loan. Create a budget you can stick to. You can find a great budget calculator here: http://www.gailvazoxlade.com/resources/interactive_budget_worksheet.html Note I have no affiliation with the above-mentioned site, and have a great respect for this woman's ability to teach people about how to handle money."}
{"_id": "442264", "title": "", "text": "I don't think you understand human rights. Human rights aren't something enforced on someone, they are inherent in a person's humanity. If you don't want to participate in society (pay taxes) and would prefer giving up your citizenship or spending time in jail you can choose to stop paying taxes.   It is also important to realize corporations pay a smaller proportion of US tax revenue than they have since before world war 2. Corporations are not pulling their weight considering the benefits they are granted by the US Government.  Your silly argument against paying taxes because you think people worse off economically then you don't deserve the joy of having a family is depressing. The United States is the wealthiest nation in the history of world and people are having on average far fewer children than in the past.  Having a lot of young people is beneficial to the country. The fact their parents are forced to work so much they can't raise their children adequately is a failure of the economy and society, not a personal failure of an individual. Unless you think a poor family in Idaho is responsible for the demise of global capitalism, the financialization of the economy, and the cultural counter revolution against the working class."}
{"_id": "442293", "title": "", "text": "\"Here's another example of such a practice and the problem it caused.  My brother, who lived alone, was missing from work for several days so a co-worker went to his home to search for him and called the local Sheriff's Office for assistance.  The local fire department which runs the EMS ambulance was also dispatched in the event there was a medical emergency.  They discovered my brother had passed away inside his home and had obviously been dead for days.  As our family worked on probate matters to settle his estate following this death, it was learned that the local fire department had levied a bill against my brother's estate for $800 for responding with their ambulance to his home that day.  I tried to talk to their commander about this, insisting my brother had not called them, nor had they transported him or even checked his pulse.  The commander insisted theirs was common practice - that someone was always billed for their medical response.  He would not withdraw his bill for \"\"services\"\".  I hate to say, but the family paid the bill in order to prevent delay of his probate issues and from receiving monies that paid for his final expenses.\""}
{"_id": "442306", "title": "", "text": "I'm not talking about the CFA, I'm talking about the entire finance industry, ethics make it all possible.  Ethics provides room for trust between entities inside and outside the industry. Think about it, if you are a small cap private company wanting to go public, you **trust** that the underwriter will pay equity holders fairly for their units of equity. If there is no trust in the price, then there will be no underwriting, and no IPO for a new stock to enter the public markets.  If there is no trust between fund managers and financial reports, the. There is no trust in estimated prospects and everything will be shriveled into speculative dangerous zones of future uncertainty.  There's always a difference between being genuinely wrong and being a liar.  TL;DR industry wide standards of ethics builds a foundation for trust which everyone uses directly or indirectly in finance."}
{"_id": "442316", "title": "", "text": "YMCbuzz: since your profile says you are in Canada, you are in luck. Canadian banks must turn over their unclaimed accounts to the bank of Canada. They have an Unclaimed Balances page that has a search feature to see if you have missing millions from long lost relatives."}
{"_id": "442324", "title": "", "text": "What drives the stock of bankrupt companies? The company's potential residual assets. When a company goes bankrupt it is required to sell its assets to pay off its debts. The funds raised from selling assets go to the following entities:  The usual order of debt repayment, in terms of the lender, will be the government, financial institutions, other creditors (i.e. suppliers and utility companies), bondholders, preferred shareholders and, finally, common shareholders. Depending on the amount of debt and the value of a company's assets, the common shareholders may receive some left over from liquidated assets. This would drive the stock price of a bankrupt company."}
{"_id": "442332", "title": "", "text": "Yeah, totally. The worst thing about being a programmer is the endless skills treadmill. (Especially if you're involved in anything Microsoftian) There's just constant API and framework churn, usually for very minor if not nonexistent benefits. But the job market harshly judges anyone who doesn't keep hopping onto the latest trend and building up critical 'years of experience' in the latest language or API.  Microsoft is also a notoriously unpleasant place to work among the top-tier software companies, thanks to intense politics and their godawful stack ranking system that guarantees good employees will get bad reviews."}
{"_id": "442338", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.dw.com/en/eu-finance-ministers-propose-new-tax-code-for-internet-giants-google-facebook/a-40540293) reduced by 83%. (I'm a bot) ***** &gt; Google and Facebook may soon face significantly higher tax bills, after Europe&amp;#039;s big powers on Saturday put forward proposals on a new tax system they say is designed for the digital age.  &gt; During Saturday&amp;#039;s EU finance minister summit in the Estonian capital of Tallinn, ministers from France and Germany urged bloc partners to consider an emergency tax bill that would force internet companies to pay tax in every country where they earn revenue, rather than where they book profits.  &gt; Europe-wide tax reform requires the unanimity of all 28 states, which in the past has proven nearly impossible on tax issues.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70vuwu/eu_finance_ministers_propose_new_tax_code_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~212177 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **minister**^#2 **digital**^#3 **European**^#4 **profit**^#5\""}
{"_id": "442340", "title": "", "text": "The PAYE tax and NI will be deducted as usual. Send HMRC a P85 form to tell them you're emigrating, and they will refund the tax."}
{"_id": "442347", "title": "", "text": "\"This article makes a fairly biased point about how morally wretched suits MIGHT have caused one girl to commit suicide at one hospital in Australia . Then wildly extrapolated that point to make it sound like business people can't run businesses. Finally, the article states that business people are needed to run a business because businesses are businesses And doctors  are doctors. I get that this plays on reddits \"\"does anyone else le STEM :D\"\" argument that mostly turns into hatred for \"\"lesser\"\" majors. Business included, as always. So I can see why this article can lead to entertaining discussion. But I want the time I took to read this article back.\""}
{"_id": "442357", "title": "", "text": "Again, I get it but you can't honestly argue that random people or companies deciding which regulation they want to follow is at all good. You agreed this time but what about next time? The one after that?   You can already see this problem. You summarily dismissed zoning laws because 'they aren't comparable' but that's your opinion. You, apparently, think that Uber can just decide it doesn't like them so does that mean YOU just get to decide what is and isn't comparable. That's not how this works."}
{"_id": "442367", "title": "", "text": "Thank you!! That was amazing! This is something that I think many people take for granted and have no idea about,  up till now myself included. Your explanation was simple, and easy to understand and as result you have made me a little more educated. Thank you!"}
{"_id": "442378", "title": "", "text": "Walmart has in store pickup. Also, I recently looked at tablets at Fry's Electronics. They were not powered up, and there were several more times more customers than salesmen. People threatened to shop elsewhere and the salesmen couldn't care less. Similar to a warehouse with cash registers in front."}
{"_id": "442382", "title": "", "text": "I should have said 'insane inflation related to rising costs versus wages'.  It used to be that wage inflation outpaced product inflation. It's been in reverse for some time, which only exacerbates the problem as it continues.  I'm aware in the manner our economy works some matching or reversal should be expected, but we've been in a downward spiral for the better part of 30 years."}
{"_id": "442391", "title": "", "text": "I cannot speak for the specific jurisdictions but you will generally pay income tax in each jurisdiction and be required to declare your foreign income in both. Your annual assessment takes into account both domestic and foreign income so sadly, there is no tax windfall to you. I would imagine that Finland and Belgium have tax treaties so you will not have to pay tax twice. You need an accountant in both countries to sort this for you."}
{"_id": "442406", "title": "", "text": "I was frankly surprised at the writing style and the amount of info presented in this post. Are you interested to accept a guest blogging gig for a blog with the same niche topics that you deal with? Please let me know.."}
{"_id": "442425", "title": "", "text": "You can register a limited company and leave it dormant, that's no problem. You just need to make sure that later on you notify HMRC within 3 months of any trading activity. As pointed out, you can register a company in a few hours now so I wouldn't worry about that. Your confusion about Private Limited Companies is understandable, it's often not made clear but UK formation services standard packages are always Private Limited by Shares companies. Limited by Guarantee is something else, and normally used by charities or non-profits only. See explanations here. Registering for VAT is optional until you reach the \u00a381,000 turnover threshold but it can make your services more attractive to large companies - especially in your field of business. You should really seek professional advice on whether or not this is the best option for you."}
{"_id": "442433", "title": "", "text": "Yes and no. There is no actual money involved - just assumed value. Imagine you own a picture that you painted yourself, and all your friends agree it is worth 1000 $. You feel like you have a 1000 $-picture. Now a guy with some more knowledge visits you, and tells you that it is really only worth about a 100 $. Did you just lose 900 $? If yes, where did the money go?"}
{"_id": "442435", "title": "", "text": "From the business side of credit cards, Discover and American Express carry their own risk. AmEx has lent their logo to banks such as Bank of America (BofA) to use the AmEx transaction network, but the financial risk and customer service is provided by BofA. Visa and MasterCard let banks use their logo and process through their respective networks for a fee. The financial risk of fraud, non-payment from merchants, etc is the risk that the individual banks carry."}
{"_id": "442436", "title": "", "text": "We haven't even got a show with spaceships and other worldly exploration.  I miss Stargate Universe.  TV is failing because all the programming sucks look at history channel when was the last time it showed a documentary  with Robert Mudd narrating heck they don't even show documentaries anymore that is why I canceled our TV my mother in law has a DISH but I have watched it only a couple of times because news hits reddit 3 days before any major station and they are all so biased its sickening.  Maybe we need more logging swamping and reality tv.  I won't pay for the crap they show these days and I don't there are other things in life I have discovered are way better than TV.  My wife and I don't miss it one bit."}
{"_id": "442438", "title": "", "text": "The size of our government has been growing right alongside the inequality gap. I would say there is a connection, as the wealth of the many is funneled to the cronies of the few. Remember, a majority of our Representatives comprise the 1%, its no secret they help each other out."}
{"_id": "442441", "title": "", "text": "It was easy to get my first job out of college, but I had pretty direct experience from working at a job during college. To give more specific detail, my first job was doing marketing on the digital side (CRM, website, analytics, etc.). I was able to apply what I learned in economics (multivariate testing) to marketing. So, while there was a little learning curve with the marketing side of things, working with CRM in the past and understanding how to apply my economics degree to marketing allowed me to get the job. Like I said, you can do anything with an econ degree."}
{"_id": "442447", "title": "", "text": "\"&gt;No they pay less  Except they don't.  Just look at the tax brackets.  It's progressive.  The more you make, the higher your tax rate.  10% $0 to $9,275 $0 to $13,250  15% $9,276 to $37,650 $13,251 to $50,400  25% $37,651 to $91,150   28% $91,151 to $190,150   33% $190,151 to $413,350   35% $413,351 to $415,050   39.6% $415,051 or more   See how the % increases with increased income?  That's called a progressive tax system.  Can you say \"\"progressive\"\"?\""}
{"_id": "442489", "title": "", "text": "Now, I have kept this money and after interval of 6 month or year whenever the USD price go up, I do exchange with Indian currency and deposit in my account. Now do I have to pay Tax on this money?  No you are not required to pay any tax as the income was accrued when your were NRI for tax purposes. The Foreign currency upto USD 2000 can be held by an individual without any time limit. i.e. you can convert then whenever you want. There is nothing that needs to be declared in Tax Returns."}
{"_id": "442503", "title": "", "text": "To start with, you are right, there shouldn't be any additional fees other than the currency exchange fee - I'm not sure of the exact fee for Natwest, but for Halifax this was around 2.5% for big currencies like the Euro. However, Germany doesn't actually use debit cards nearly as much as we do here in the UK, so you will almost certainly need cash. Rather than taking this from a currency exchange booth, what you should do in order to get the lowest fees is head straight to the ATM of any bank, and put your card in to make a cash withdrawal. It will almost certainly ask if you want to use their exchange rate, which it will show you, and you will almost certainly be better turning this down and allowing Natwest to do this for you. Dependent on the bank their currency exchange spread may be as high as 4.5%. I hope this helps, it certainly saved me a lot of money when I have been going abroad."}
{"_id": "442533", "title": "", "text": "It's hard to fathom what Boeing was thinking with this strategy.  The [Theory of Constraints](http://en.wikipedia.org/wiki/Theory_of_Constraints) is a pretty fundamental business theory that predicts their ability to manufacture a quality airplane profitably will only be as good as their weakest supplier.  In other words, outsource too much and you're almost certain to lose."}
{"_id": "442537", "title": "", "text": "To some travelers, the hotel is critical to the experience. We report on the newest, most noteworthy hotels; old classics we still love; or someplace fun and funky that reflects a special mood. Anything goes: prices range from modest to lavish. http://travelsquire.com/category/hotels/"}
{"_id": "442544", "title": "", "text": "\"It is possible to achieve a substitute for refinancing, but because of the \"\"short\"\" life of cars at least relative to housing, there are no true refinancings. First, the entire loan will not be able to be refinanced.  The balance less approximately 80% of the value of the car will have to be repaid.  Cars depreciate by something like 20% per year, so $2,000 will have to be repaid. Now, you should be able to get a loan if your boyfriend has good credit, but the interest rate will not drop too much further from the current loan's rate because of your presumably bad credit rating, assumed because of your current interest rate. While this is doable, this is not a good strategy if you intend to have a long term relationship.  One of the worst corruptors of a relationship is money.  It will put a strain on your relationship and lower the odds of success. The optimal strategy, if the monthly payments are too high, is to try to sell the car so to buy a cheaper car.  The difficulty here is that the bank will not allow this if balance of the loan exceeds the proceeds from the sale, so putting as much money towards paying the balance to allow a sale is best. As a side note, please insure your car against occurrences such as theft and damage with a deductible low enough to justify the monthly payment.  It is a terrible position to have a loan, no car, and no collateral against the car.\""}
{"_id": "442558", "title": "", "text": "We don't really know the official reason for his dismissal, and might not until it goes to court.  It was probably a mistake to post a 'manifesto' to a company-wide message board. Message boards in general are a bad idea, but especially internally to a business, I'm not sure what Google was thinking when they came up with that. It certainly gives employees the ability to express hostility in a broad manner."}
{"_id": "442591", "title": "", "text": "You can use www.mint.com for most of your requirements. It works great for me, it's free and I'd say is secure. Hosting that kind of service just for your will be time-consuming and not necessarily more secure than most of the stuff that is readily available out there. Good luck."}
{"_id": "442604", "title": "", "text": "It's not just you.  A few things have changed, though...  * US GDP increased nearly $5 trillion * SP 500 Book value per share is up 50% * Real income per capita is flat * Participation rate is at late 70's levels  It appears that NOT solving problems is very profitable for some of us.  Maybe the Iphone 9 and a self-driving party bus will make everything better."}
{"_id": "442622", "title": "", "text": "From my limited experience, I've never had trouble finding a job that paid more than minimum. Usually, the lowest I've seen for menial work is 8. Granted, that's still not good, but it may be a sign businesses are prepared to handle a minimum increase."}
{"_id": "442625", "title": "", "text": "\"This is not only a scam but it is potentially fraud that may get you in trouble. This \"\"friend\"\" of yours will wire you some money in which you do not know where this money is really from. It's obvious from other answers that his story is fictitious. Thus it is likely that this money was stolen through another scam/hack in which now he wants to wash this money through your bank account. If it turns out that is was stolen, any money you withdrawal for your \"\"cut\"\", will have to be returned and your account will be frozen.\""}
{"_id": "442661", "title": "", "text": "\"On 3# - My company is constantly complaining about saving money, cutting costs.  Then we have these events, and banners, and trinkets and bullshit about our new \"\"mission statement\"\" - everyone here just sees them pissing away money (millions) while bitching about money.  That's a fucking drag on company morale.  Then again, #8 - my job is being phased out, so it's not like I really like this place anyway.\""}
{"_id": "442710", "title": "", "text": "LC WebPros is the best digital marketing company, We provide the all IT Related service in the United States. Business cards have been around a long time in one form or another. If you are looking Business cards Gainesville fl, then you can visit our office and get the full information about the business card. We give the best offer on a business card in limited time. Business Cards can also act as a physical reminder that you have actually met someone."}
{"_id": "442717", "title": "", "text": "\"&gt;  I went into my store, repeatedly during this 6 week boycott and the shelves were always stocked and being stocked.  I guess the daily pictures in the news of empty shelves must have been fabricated then.    You are completely delusional if you think 2M people said to themselves \"\"I'm boycotting Market Basket due to this ridiculous internal power struggle that's going on.\"\"  The reality of the matter is that news outlets were running stories daily about bare shelves and all the nonsense going on outside the stores.  As a result, customers went to one of the many other options in their area to buy their groceries.    Most customers don't give a damn about some random CEO, whose name they had no clue of before this ridiculous incident, being fired.\""}
{"_id": "442727", "title": "", "text": "\"Bob should treat both positions as incomplete, and explore a viewpoint which does a better job of separating value from volatility. So we should start by recognizing that what Bob is really doing is trading pieces of paper (say Stocks from Fund #1 or Bonds from Fund #2, to pick historically volatile and non-volatile instruments.*) for pieces of paper (Greenbacks).  In the end, this is a trade, and should always be thought of as such.  Does Bob value his stocks more than his bonds?  Then he should probably draw from Fund #2.  If he values his bonds more, he should probably draw from Fund #1. However, both Bob and his financial adviser demonstrate an assumption: that an instrument, whether stock bond or dollar bill, has some intrinsic value (which may raise over time).  The issue is whether its perceived value is a good measure of its actual value or not. From this perspective, we can see the stock (Fund #1) as having an actual value that grows quickly (6.5% - 1.85% = 4.65%), and the bond (Fund #2) as having an actual value that grows slower (4.5% - 1.15$ = 3.35$).  Now the perceived value of the stocks is highly volatile.  The Chairman of the Fed sneezes and a high velocity trader drives a stock up or down at a rate that would give you whiplash. This perspective aligns with the broker's opinion.  If the stocks are low, it means their perceived value is artificially low, and selling it would be a mistake because the market is perceiving those pieces of paper as being worth less than they actually are.  In this case, Bob wins by keeping the stocks, and selling bonds, because the stocks are perceived as undervalued, and thus are worth keeping until perceptions change. On the other hand, consider the assumption we carefully slid into the argument without any fanfare: the assumption that the actual value of the stock aligns with its historical value.  \"\"Past performance does not predict future results.\"\"  Its entirely possible that the actual value of the stocks is actually much lower than the historical value, and that it was the perceived value that was artificially higher.  It may be continuing to do so... who knows how overvalued the perceived value actually was!  In this case, Bob wins by keeping the bonds.  In this case, the stocks may have \"\"underperformed\"\" to drive perceptions towards their actual value, and Bob has a great chance to get out from under this market. The reality is somewhere between them.  The actual values are moving, and the perceived values are moving, and the world mixes them up enough to make Scratchers lottery tickets look like a decent investment instrument.  So what can we do? Bob's broker has a smart idea, he's just not fully explaining it because it is unprofessional to do so.  Historically speaking, Bobs who lost a bunch of money in the stock market are poor judges of where the stock market is going next (arguably, you should be talking to the Joes who made a bunch of money. They might have more of a clue.).  Humans are emotional beings, and we have an emotional instinct to cut ties when things start to go south.  The market preys on emotional thinkers, happily giving them what they want in exchange for taking some of their money.  Bob's broker is quoting a well recognized phrase that is a polite way of saying \"\"you are being emotional in your judgement, and here is a phrasing to suggest you should temper that judgement.\"\" Of course the broker may also not know what they're doing!  (I've seen arguments that they don't!)  Plenty of people listened to their brokers all the way to the great crash of 2008.  Brokers are human too, they just put their emotions in different places.  So now Bob has no clear voice to listen to.  Sounds like a trap! However, there is a solution.  Bob should think about more than just simple dollars.  Bob should think about the rest of his life, and where he would like the risk to appear.  If Bob draws from Fund #1 (liquidating stocks), then Bob has made a choice to realize any losses or gains early... specifically now.  He may win, he may lose.  However, no matter what, he will have a less volatile portfolio, and thus he can rely on it more in the long run. If Bob draws from Fund #2 (liquidating bonds) instead, then Bob has made a choice not to realize any losses or gains right away.  He may win, he may lose.  However, whether he wins or loses will not be clear, perhaps until retirement when he needs to draw on that money, and finds Fund #1 is still under-performing, so he has to work a few more years before retirement.  There is a magical assumption that the stock market will always continue rewarding risk takers, but no one has quite been able to prove it! Once Bob includes his life perspective in the mix, and doesn't look just at the cold hard dollars on the table, Bob can make a more educated decision.  Just to throw more options on the table, Bob might rationally choose to do any one of a number of other options which are not extremes, in order to find a happy medium that best fits Bob's life needs: * I intentionally chose to label Fund #1 as stocks and Fund #2 as bonds, even though this is a terribly crude assumption, because I feel those words have an emotional attachment associated to them which #1 and #2 simply do not.  Given that part of the argument is that emotions play a part, it seemed reasonable to dig into underlying emotional biases as part of my wording.  Feel free to replace words as you see fit to remove this bias if desired.\""}
{"_id": "442741", "title": "", "text": "You don't seem to have any particular question to be answered. Your understanding of RRSPs seems to be very good.  Have you considered whether you might be better off putting your retirement savings into a TFSA instead? Both types can protect your growth from taxation (provided you reinvest the refund from the RRSP). The main way in which the RRSP is better than TFSA is that you can pay the tax on the contribution at a time when your income is lower, and thus have a lower marginal tax rate. Most people retire with a lower income than during their earning years, but it's a matter of tax brackets. If you think you'll be in the same bracket (same marginal tax rate) when you retire, then the TFSA and RRSP work out even in that regard. So in your case, the question you want to ask yourself is: when I retire, will I have an income (including CPP, OAS, pension payments, etc) that exceeds $45,282 worth of today's dollars? If so, your RRSP holds no advantage over the TFSA. In fact, the RRSP may even be worse, since the withdrawals count as income and reduce the amount of OAS and perhaps GIS payments that the government gives you - at least under current regulations. If you're unsure, I suggest you try this calculator from taxtips.ca that runs both scenarios and helps you see which one is more beneficial. It even factors in the OAS/GIS clawbacks."}
{"_id": "442743", "title": "", "text": "Andere open brandhout zoals eik brandt langzaam maar maakt goed open haard hout. Al het hout is kunstmatig gedroogd om u perfect verwarming ervaring in de late winter 's avonds evenals het behoud van milieu veilig en gezond . Krijg gedroogd brandhout in grootte blokken om gemakkelijk een voorraad op uw haard ."}
{"_id": "442747", "title": "", "text": "The main argument that comes in favor of the [Ranches for Sale in Texas](http://www.texashuntingland.com/)  and how they can support a person spends in his own long term is related towards the concept of producing a transform. Individuals are often frightened to make this kind of a stage as a result of the truth that this really is related to their comfort and ease zone."}
{"_id": "442757", "title": "", "text": "The shower installed in your bathroom is the crown of this area in your home. But it remains the same until it is taken care of in the best way possible and it stays away from costly shower repairs. One thing that we can do to make sure that this crown stays the crown forever is that we can research well before buying. Remember that the quality plays a huge role in how it is going to perform 1 year down the line."}
{"_id": "442774", "title": "", "text": "For corporate finance you probably don't need it. You say you want to have a year of job experience after you get your degree but instead I would recommend getting an internship next summer before your senior year, that would be a lot more helpful and if you do a good job it is likely whatever company you intern for will offer you a full time job after graduation.   The CFA is more for people who want to work on wallstreet and such. If you still want to take it, my recommendation would be to try and take the first level test in college and try to find scholarships and help for it. I had a friend who had the test and all the study material paid for by the university (of arizona)."}
{"_id": "442776", "title": "", "text": "\"In my opinion, the key variable for you (and others) is not age, but \"\"vintage.\"\" Your \"\"age\"\" suggests that you were born in the mid-1980s, in the middle of a bull market. The most remunerative investing periods for you are likely to be in your childhood (past) and middle age (forties and early fifties). Also your, \"\"old-old\"\" period (around age 80, in the 2060s), if you live that long. For now, you can, and perhaps should invest cautiously, like today's 40-year olds, with a heavy emphasis on bonds. The main difference between you and them is that you can shift to stocks in about ten years, in your mid to late 30s, while they will find it harder to do so when approaching old age.\""}
{"_id": "442784", "title": "", "text": "Now, what if I were to spend the entire $2,000 limit on a single purchase? I've been saving up in anticipation of this purchase and therefore have the money already set aside in the bank, so I could pay off the entire $2k immediately. There is no problem with doing this.  There's a bit of a time delay in credit reporting, so if you pay immediately in the middle of your statement period it will never even be reported that your card was maxed out.   Make the purchase some time in the middle of the billing period, then log in to your account and pay the total before the statement period closes.  If you let it roll to the next statement period, it will be reported that your account is maxed out, and possibly, you will be charged interest and potentially a fee for exceeding your limit.  Your utilization is only calculated in a snapshot, there is no history kept.  Even if you let your card be reported at 100% utilization, you could pay the balance that month with 0% then reported and your score will bounce back as though nothing ever happened. Separately, if you have had this card for a long while you may want to request a credit line increase."}
{"_id": "442794", "title": "", "text": "I am not joking one bit. If their job performance is suffering due to their own personal lack of self-respect then I would fire their ass and hire someone willing to do a good job. I've worked as a manager at a massive chain retail store. We had all different kinds of employees. Some were good and some were bad. The good and bad had no correlation to their pay (they all got paid like shit) or how long they had been working there."}
{"_id": "442805", "title": "", "text": "\"&gt;Yes, taxes pay for infrastructure but they aren't the \"\"whole reason we pay taxes in the first place.\"\"  Did you not even read my post? I already said taxes pay for infrastructure. They are not however \"\"the whole reason we pay taxes in the first place.\"\" They are part of many things taxes pay for.   Jesus Christ.\""}
{"_id": "442823", "title": "", "text": "An expiration 2 years out will have Sqr(2) (yes the square root of 2!) times the premium of the 1 year expiration. So if the option a year out sell for $1.00, two is only $1.41.  And if the stock trades for $10, but the strike is $12, why aren't you just waiting for expiration to write the next one?"}
{"_id": "442830", "title": "", "text": "Unless you are buying millions of dollars worth of a stock at a time, your transaction is a drop in the bucket, unlikely to have any noticable effect on the stock price. As Ian says, it's more likely that you are just remembering the times when the price dropped after you bought. If you keep careful track, I suspect you will find that the price goes up more often than it goes down, or at least, that the stocks you buy go up as often as the average stock on the market goes up. If you actually kept records and found that's not true, the most likely explanation is bad luck. Or that someone has placed a voodoo curse on you. I suppose one could imagine other scenarios. Like, if you regularly buy stock based on recommendations by well-known market pundits, you could expect to see a temporary increase in price as thousands or millions of people who hear this recommendation rush to buy, and then a few days or weeks later people move on to the next recommendation, the market setttles down, and the price reverts to a more normal level. In that case, if you're on the tail end of the buying rush, you could end up paying a premium. I'm just speculating here, I haven't done a study to find if this actually happens, but it sounds plausible to me."}
{"_id": "442853", "title": "", "text": "\"As I understand it the usual rule is that the country you are \"\"resident\"\" in taxes you on your worldwide income but gives you credit for foreign tax paid. The country you are not normally resident in taxes you only on income from that one country. Note that residence for tax purposes can have different rules from residence for immigration purposes. At least in the UK being resident in the country for more than half the tax year normally makes you tax resident and there are some other cases too. I expect other countries are similar but the details of the rules and the start/end of the tax years may vary. I don't know the exact rules for finland and belgium but I expect your Belgian taxes will be based on your Belgian income only and your Finnish taxes will be based on your worldwide income but with a credit for your Belgian taxes. Engaging accountants from both countries to confirm the exact rules and what exactly you should put on the forms is almost certainly a good idea.\""}
{"_id": "442896", "title": "", "text": "A friend tweeted a similar question regarding student loans, and I responded with Student Loans and Your First Mortgage.  The punchline is that you need to be aware of the 28/36 ratios in a bank qualifying you for your mortgage. Even though you have a house, you may not be aware of this.  Simply put, 28% of gross monthly income can be used to qualify for your house burden, loan, taxes, etc. 36% for total debt. So the student loan may fit in that 8% gap, and paying it all off reduces the cash you have without helping you borrow more money.  3-5 years is short term, and to that part of the question, this money should not be invested in anything at risk. A 3 year treasury or CD would be it, in my opinion."}
{"_id": "442897", "title": "", "text": "I recall the name Martin Pring. As my fundamental analysis book from grad school was the work of Graham and Dodd titled Security Analysis, Pring was the author of the books I read on technical analysis. If you've not read his work, your education has a ways to go before you hit the tools."}
{"_id": "442902", "title": "", "text": "&gt;the flattening of the curve most likely results from a domestic unemployment figure that doesn\u2019t capture global labour market competition  This.  We're not competing with ourselves when it comes to wages, we're competing with much lower living standards in other countries.  The result is stunted wage growth due to a huge vacuum existing between the consumer markets of the Developed and Developing countries: Wage growth is being absorbed by differences in purchasing power parity, resulting in almost deflationary pressure.  The effect on employment numbers means that unemployment can hit zero in one economy without inflationary pressure, because the slack can be picked up *in another economy*."}
{"_id": "442906", "title": "", "text": "Immediately move your Roth IRA out of Edward Jones and into a discount broker like Scottrade, Ameritrade, Fidelity, Vanguard, Schwab, or E-Trade.  Edward Jones will be charging you a large fraction of your money (probably at least 1% explicitly and maybe another 1% in hidden-ish fees like the 12b-1).  Don't give away several percent of your savings every year when you can have an account for free.  Places like Edward Jones are appropriate only for people who are unwilling to learn about personal finance and happy to pay dearly as a result.  Move your money by contacting the new broker, then requesting that they get your money out of Edward Jones.  They will be happy to do so the right way.  Don't try and get the money out yourself. Continue to contribute to your Roth as long as your tax bracket is low.  Saving on taxes is a critically important part of being financially wise.  You can spend your contributions (not gains) out of your Roth for any reason without penalty if you want/need to.  When your tax bracket is higher, look at traditional IRA's instead to minimize your current tax burden.  For more accessible ways of saving, open a regular (non-tax-advantaged) brokerage account. Invest in diversified and low-cost funds.  Look at the expense ratios and minimize your portfolio's total expense.  Higher fee funds generally do not earn the money they take from you. Avoid all funds that have a nonzero 12b-1 fee. Generally speaking your best bet is buying index funds from Fidelity, Vanguard, Schwab, or their close competitors.  Or buying cheap ETF's.   Any discount brokerage will allow you to do this in both your Roth and regular accounts.  Remember, the reason you buy funds is to get instant diversification, not because you are willing to gamble that your mutual funds will outperform the market.  Head to the bogleheads forum for more specific advice about 3 fund portfolios and similar suggested investment strategies like the lazy portfolios.  The folks in the forums there like to give specific advice that's not appropriate here. If you use a non-tax-advantaged account for investing, buy and sell in a tax-smart way.  At the end of the year, sell your poor performing stocks or funds and use the loss as a tax write-off.  Then rebalance back to a good portfolio.  Or if your tax bracket is very low, sell the winners and lock in the gains at low tax rates.  Try to hold things more than a year so you are taxed at the long-term capital gains rate, rather than the short-term. Only when you have several million dollars, then look at making individual investments, rather than funds.  In a non-tax-advantaged account owning the assets directly will help you write off losses against your taxes.  But either way, it takes several million dollars to make the transactions costs of maintaining a portfolio lower than the fees a cheap mutual/index fund will charge."}
{"_id": "442923", "title": "", "text": "\"I did a rough model and in terms of total $$ paid (interest + penalty - alternative investment income) both options are almost the same with the \"\"paying it all upfront\"\" being perhaps a $300 or so better ($9200 vs $8900) However, that doesn't factor in inflation or tax considerations. Personally I'd go with the \"\"no-penalty\"\" scenario since you have more flexibility and can adjust along the way if anything else comes up in the meantime.\""}
{"_id": "442934", "title": "", "text": "It's not YOUR problem, but it is mine. every expense garnered from using insurance makes the cost go up. and as the article stated, that employer had 1/4 mil hit to his insurance due to drugs etc. that is sure to increase his insurance rates, thus he needs to be more mindful of whom he hires. thus, anyone who wants to get hired by a large experienced company needs to keep this in mind. people don't like to think how their freedoms can negatively impact other people. never could it be argued that freedom has a negative impact."}
{"_id": "442951", "title": "", "text": "do not hold these leveraged/inverse etn's/etf's long term. they are meant for day trading and due to constantly compounding at the end of the day, both negative and positive,  they will lose value over time. you are warned, :)"}
{"_id": "442962", "title": "", "text": "The original Aarnios Ball chair is a retreat for any room. It creates a perfect place of silence for undisturbed dreaming and distraction free reading. Add this beautiful furniture to your room today. Visit our website for additional details."}
{"_id": "442966", "title": "", "text": "If you have zero activity on a card, the issuing bank may decide to close that card. They have some costs each month, and if you aren't using the card they aren't making money off of you. Your inactivity is also a risk because if you lost the card, and don't realize it, and it falls into the wrong hands then it can be used for fraudulent transactions. In their view it might already have been hijacked. If they close your account that can hurt your score: your utilization number will go up, and the age of your accounts could go down. They want you to use their card so they make money on the transaction fees and hopefully interest payments."}
{"_id": "442968", "title": "", "text": "I know a guy on a much higher rate than me, about \u00a3500 per day, and he claims to pay around 18% tax which has me bewildered He will be showing expenses, which are deductible. Check with your accountant about expenses, which can be legally claimed as expenses. This is the main benefit of operating through a limited company. Legtimate business expenses can be claimed, which you cannot do if you are a permanent employee. Your friend might also be claiming false expenses, with a shady accountant. If HMRC does decide to give a call, he might have to pay n times the money he has saved till now. And my suggestion is always ask your accountant first. He(she) knows the legal stuff, so he(she) would give you the legally correct options. If you aren't comfortable with him(her), you can always change accountants. holiday pay, sick pay and job security You miss those that is why you are paid at a rate much higher than an employee.  benefit of a limited company  You can arrange your salary to pay no PAYE and take the rest as dividends. You willn't have to pay PAYE on that. Secondly if you have a partner(s), all of you can be paid dividends without paying PAYE(if you don't cross the threshold)."}
{"_id": "442976", "title": "", "text": "For some reason you are using Uber's numbers.  Lyft is not nearly as widespread as Uber.  If you want to see how damaging this is to Lyft, you would have to show us Lyft's numbers.  And you can probably assume this was the only one who got caught, not the only one who was doing it.  Furthermore, the lost revenue largely falls on the drivers, not the company.  Uber is trying to aggressively recruit drivers, including Lyft's drivers.  If Lyft rides get cancelled more frequently, the drivers are likely to migrate."}
{"_id": "442989", "title": "", "text": "Many business owners in the USA choose to form their business as a Delaware LLC due to the legal benefits from the state\u2019s predictable Incorporating your business. Delaware LLC incorporation is easy, too \u2014 there is no required to visit the state and minimal information is required. Delaware LLC, for example, does not have yearly conferences and minutes, yet other types of development do. You must follow appropriate techniques to employ workers, and this will require filling out the documentation to obtain a company recognition number."}
{"_id": "442992", "title": "", "text": "5.) Target allowed the use of the coupons for gift certificates, negating the profit they would have made themselves. The customers did not create this situation. Target also renewed the coupon system with full knowledge of the circumstances. Corporate systems are hardly capable of knowledgeably allowing injury they can prevent."}
{"_id": "443002", "title": "", "text": "\"I agree with the other answers that it is a benefit, but wanted to add another explanation for this: Also, why a company would prefer matching someone's contributions (and   given him or her additional free money) instead of just offering a   simple raise? In addition to a match being a benefit that is part of your total compensation, 401ks have special rules for Highly Compensated Employees.  If the lower paid employees do not contribute, the \"\"Highly Compensated Employees\"\" do not get to take full advantage of the 401k.   By offering a match, more lower paid employees will take advantage of a 401k program allowing more Highly Compensated Employees to also take advantage of the program.\""}
{"_id": "443014", "title": "", "text": "There are still ways that the default values on the W4 can lead you to get a refund or owe the IRS. If there was a big delta in your paychecks, it can lead to problems. If you make 260,000 and get 26 paychecks that means each check had a gross of 10,000. Your company will withhold the same amount from each check. But If you earned a big bonus then the smaller regular paychecks may not have been withholding enough.  When bonus checks are involved the payroll office has to treat them as irregular pay to be able to make it work out. Some companies don't do this, so you may under or over pay during the year. If you changed companies during the year, this can lead to under or over payment. The lower paying company would not know about the higher rate of pay at the other company. so at one you would under pay, and the other you would over pay. There are also social security issues with more than one employer."}
{"_id": "443015", "title": "", "text": "\"&gt;Family business can also decide to go for short term maximum profit at the expense of long term. And shareholders can decide to look long term  See my parenthetical above: \"\"(though many still choose profit). Public companies...are much less likely to avoid the pressures\"\"  You are quite correct that both public and private companies can have long-term vision, short term vision, or a mixture of both at the same time.  But the corporate structures of each change the internal pressures in a way which, in my experience, do not lead to an equal split between which types of companies trend in one direction or the other.  &gt;just go to shareholder meetings and you will see everything.  I do, and you are correct.  I've also seen an increasing trend in short-term thinking over the past decade and a half at those meetings.  The next quarter's profits and market share drive them much more clearly than they used to, particularly in anything tech and finance related.  &gt;In general, anti-monopolly laws only help create olligopollies  This is a concern; though oligopolies existed before anti=monopoly laws.  There are cases when attempts to break up monopolies result in a small group of colluding factions, and this needs to be watched.    &gt;...only help create olligopollies/monopollies...  In what manner have anti-trust laws created monopolies?  (I don't doubt the possibility, but an example would be helpful to visualize your critique.)\""}
{"_id": "443062", "title": "", "text": "Each S-corp is bound by its own plan documents, which typically do not limit or dictate where the investments are held. Your brokerage account has no tie to the company from which the funds come, however, you are still subject to maximum SIMPLE contribution rules and cannot exceed the $12,500 (if under age 50) COMBINED contribution for any and all companies. Be careful about co-mingling from both companies as there are penalties for early withdrawals made within 2-years of participating in the plan. If you started them both at the same time it's not an issue."}
{"_id": "443079", "title": "", "text": "I think this thread got a bit off topic.  The point is that we've decided as a nation that we want to guarantee a basic level of healthcare, as established by government programs.  Companies like wal-mart take advantage of that, paying low wages and assuming employees will utilize the government assistance.  The take-away, is that that's a little goofy and we should just fix our fucking healthcare system.  As for wal-mart.  It's complicated.  They've accomplished huge gains in efficiency, arguably accomplishing more for the environment than any other company, not to mention their moves towards sustainable fish/etc.  At the same time, the lawsuit alleging gender discrimination seemed not without merit, the folks in charge are occasionally aggressively socially conservative, and their march to the bottom for prices has induced quality suppliers to provide lower quality products specifically to be sold in wal-mart, corrupting their brand-name and commoddifying[sic] their products after being suckered in by the big sales numbers."}
{"_id": "443087", "title": "", "text": "In the UK it is almost always better to purchase with a credit card for transactions above \u00a3100 but below \u00a330,000. This is due to Section 75 of the Consumer Credit Act 1974 which makes your credit card company jointly liable if something goes wrong. In other words, if you buy something worth \u00a31000 with your credit card, the company fails to deliver for any reason and you cannot get a refund from them directly, you are entitled to make a claim from your credit card company for the full amount."}
{"_id": "443092", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.rollingstone.com/politics/news/taibbi-is-libor-crucial-financial-benchmark-a-lie-w497305) reduced by 88%. (I'm a bot) ***** &gt; If you have any kind of consumer loan, it&amp;#039;s a fair bet that it&amp;#039;s based on LIBOR. A 2009 study by the Cleveland Fed found that 60 percent of all mortgages in the U.S. were based on LIBOR. Buried somewhere in your home, you probably have a piece of paper that outlines the terms of your credit card, student loan, or auto loan, and if you peek in the fine print, you have a good chance of seeing that the rate you pay every month is based on LIBOR. Years ago, we found out that the world&amp;#039;s biggest banks were manipulating LIBOR. That sucked.  &gt; As a few Wall Street analysts have quietly noted in the weeks since those comments, an &amp;quot;Absence of underlying markets&amp;quot; is a fancy way of saying that LIBOR has not been based on real trading activity, which is a fancy way of saying that LIBOR is bullshit.  &gt; So as LIBOR reflected reality less and less, it became more and more ubiquitous, burying itself, tick-like, into the core of the financial system.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tasuo/years_ago_we_found_out_that_the_worlds_biggest/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~189474 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **LIBOR**^#1 **Bank**^#2 **market**^#3 **rate**^#4 **based**^#5\""}
{"_id": "443094", "title": "", "text": "\"In addition to the possibility of buying gold ETFs or tradable certificates, there are also firms specializing in providing \"\"bank accounts\"\" of sorts which are denominated in units of weight of precious metal. While these usually charge some fees, they do meet your criteria of being able to buy and sell precious metals without needing to store them yourself; also, these fees are likely lower than similar storage arranged by yourself. Depending on the specifics, they may also make buying small amounts practical (buying small amounts of physical precious metals usually comes with a large mark-up over the spot price, sometimes to the tune of a 50% or so immediate loss if you buy and then immediately sell). Do note that, as pointed out by John Bensin, buying gold gets you an amount of metal, the local currency value of which will vary over time, sometimes wildly, so it is not the same thing as depositing the original amount of money in a bank account. Since 2006, the price of an ounce (about 31.1 grams) of gold has gone from under $500 US to over $1800 US to under $1100 US. Few other investment classes are anywhere near this volatile. If you are interested in this type of service, you might want to check out BitGold (not the same thing at all as Bitcoin) or GoldMoney. (I am not affiliated with either.) Make sure to do your research thoroughly as these may or may not be covered by the same regulations as regular banks, particularly if you choose a company based outside of or a storage location outside of your own country.\""}
{"_id": "443097", "title": "", "text": "\"The \"\"coin flip\"\" argument made in the article is absurd.  My old boss had a saying, \"\"the harder I work, the luckier I get.\"\"  He came from nothing, worked maniacally to become an Olympian, and later in life became a multi-millionaire.  This is a common story among self-made people.  I DO think that the rich have significant advantages:  education, contact networks, access to startup capital, etc.  These are very helpful, but don't assure success.  Their lack is not insurmountable by the ambitious.  I also think those advantages have expanded in recent years.  Monetary policy has resulted in a large pool of investable funds being made available to to the financial sector, who earn high incomes with rent-seeking tactics.\""}
{"_id": "443098", "title": "", "text": "Well to be fair, I cashier at a whole foods right now (just finished college, still just taking it easy) and it has way more traffic than any other grocery or retail job I've had. They're not really that expensive, depending on what you buy, and plenty of people come in to shop. So while, as the other reply mentions, you may not be the demographic, there is some clear potential for Amazon to do well here."}
{"_id": "443134", "title": "", "text": "Go to your local bank or credit union before talking to a dealership. Ask them if putting both names on the loan makes a difference regarding rates and maximum loan you qualify for. Ask them to run the loan application both ways. Having both names on the loan helps build the credit of the spouse that has a lower score.    You may find that both incomes are needed for a car loan if the couple has a mortgage or other joint obligations. The lender will treat the entire mortgage payment or rent payment as a liability against the person applying for the loan, they won't split the housing payment in half if only one name will be on the car loan. Therefore sometimes the 2nd persons income is needed even if their credit is not as good. That additional income without a significant increase in liabilities can make a huge difference regarding the loan they can qualify for. Once the car is in your possession, it doesn't matter who drives it. In general the insurance company will put both spouses as authorized drivers. Note: it is almost always better to ask your bank or credit union about a car loan before going to the dealership. That gives you a solid data point regarding a loan, and removes a major complexity to the negotiations at the dealership."}
{"_id": "443145", "title": "", "text": "[Banks fail all the time.](https://www.fdic.gov/bank/individual/failed/banklist.html) [6 bank failures in 2017 through May.](https://www.fdic.gov/bank/historical/bank/)  Bitcoin has it's place in the monetary ecosystem, but replacing the present machinery for economy-wide resource allocation is not one of them. [See my comments here why bitcoin's monetary policy is unstable.](https://www.reddit.com/r/btc/comments/74gjbo/bitcoin_monetary_policy/dny885d/) Please read the last comment in the chain.   Disclaimer: I support bitcoin for reasons other than its monetary policy."}
{"_id": "443152", "title": "", "text": "Repair your car and vehicles and fix your all vehicles problems. Auto Sleuths provides best motor vehicle maintenance facility at affordable cost. Get help for all your automotive needs from the convenience of your mobile device. Auto Sleuths maintenance facility provides a high quality of repair services such as car repair, vehicle troubleshooting, brakes, exhaust systems, transmissions and more things."}
{"_id": "443188", "title": "", "text": "No one pays 35%, due to the loopholes. Effective tax rates (what they ACTUALLY pay) are lower for major corps than most individuals.   &gt; Does it not make more sense to lower the corporate tax rate while reducing loop holes etc... to make the American corporation more competitive.   This makes sense, but people put those loopholes in there to help themselves and they'll fight to keep them. It's such a mess of tax code."}
{"_id": "443189", "title": "", "text": "Christ, Seinfeld was mocking this twenty years ago.  Do they not have a non-refundable, cast-iron reservation system?  Seems nuts just to assume that customers prefer being able to cancel over the reassurance that Hertz won't cancel on them."}
{"_id": "443215", "title": "", "text": "\"Just because they have an \"\"R\"\" Doesn't mean much... There's many different factions among tye Republicans that are at odds with each other...   Apparently they don't fall in line as easily as democrats...   It's also much easier to write blank checks with disregard to cost (like dems did with the ACA) than to write legislation that is budget neutral...   I don't blame them... The ACA spent years throwing bread to the plebes... It only made a real fix now difficult...\""}
{"_id": "443246", "title": "", "text": "As has been mentioned, it's largely up to the landlord. I'm in Texas, USA, and my landlord's payment service permits it, but they charge an exorbitant fee of 22%  plus 0.50 in order to do so. My rent is $895/month. If I chose to use a credit card, I pay $1092.40. The miles aren't worth that kind of money."}
{"_id": "443266", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.arpinvestments.com/arl/are-robots-disruptive-or-could-they-be-the-saving-grace-for-ageing-societies) reduced by 96%. (I'm a bot) ***** &gt; The cost disadvantage of using robots is still significant, but robots will almost certainly catch up eventually.  &gt; A shrinking workforce will force robots to be installed if we want to keep industry alive, partly because we won&amp;#039;t have enough people to fill the manufacturing floors, and partly because those who are left will be too expensive to do the job.  &gt; Yes, robots are indeed disruptive, but they could very well prove the saving grace for a number of otherwise doomed economies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77q42u/are_robots_disruptive_or_could_they_be_the_saving/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232204 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **robot**^#1 **job**^#2 **workforce**^#3 **industry**^#4 **million**^#5\""}
{"_id": "443275", "title": "", "text": "This is great. Thanks! So, just assuming a fund happened to average out to libor plus 50 for a given year, would applying that rate to the notional value of the index swaps provide a reasonable estimate of the drag an ETF investor would experience due to the cost associated with the index swaps?  For instance, applying this to the hypothetical I linked to in the original question, they assumed fund assets of $100M with 2x leverage achieved through $85M of S&amp;P500 stocks, $25M of S&amp;P500 futures, and a notional value of the S&amp;P500 swaps at $90M. So the true costs to an ETF investor would be: expense ratio + commissions on the $85M of S&amp;P500 holdings + costs associated with $25M of futures contracts + costs associated with the $90M of swaps? And the costs associated with the $90M of swaps might be roughly libor plus 50?"}
{"_id": "443314", "title": "", "text": "\"Most of your money doesn't exist as physical cash, but simply as numbers in a ledger. At any given time, banks expect their clients to withdraw a certain percentage of their balances... For instance, checking accounts are frequently drawn down to zero, savings accounts might be emptied once our twice a year, CDs are almost never withdrawn, etc. To cover those withdrawals, banks keep a certain amount of physical cash on hand, and an additional amount remains on the ledgers. The rest gets loaned out to their customers for use in buying homes, cars, credit cards,etc. Anything they can't loan out directly gets deposited with the federal reserve or loaned directly to other institutions who need it. However, those last two options tend to be short term (ie overnight) loans. With debit cards functioning 24/7, you could get cash at an atm or make a purchase anytime of the day our night. The weekend has nothing to do with it. Which is a long way of saying \"\"No, they do it all the time, not just on weekends\"\" ;)\""}
{"_id": "443315", "title": "", "text": "It looks like RK is encouraging tax fraud. Suggesting that one have their business cover personal expenses sounds like the advice that got Leona Helmsley in hot water."}
{"_id": "443322", "title": "", "text": "Love blaming other people instead people taking responsibility themselves. Doctors prescribe these drugs because people want relief from pain. Doctors are measured by patients' feedback on pain level. Unless you have lived under a rock for the past 30 years, you know that these pain relievers are addicting. It is each person's own responsibility to fill the Rx... the doctors do not force anyone to take these drugs."}
{"_id": "443336", "title": "", "text": "Someone with an AOL address. I will help them, I was joking. I just know they are going to be total idiots and waste tons of my time.  AOL users make up only like 5% of my user base, but they account for 30% of all service request."}
{"_id": "443354", "title": "", "text": "Yes (most likely). If you are exchanging investments for cash, you will have to pay tax on that - disregarding capital losses, capital loss carryovers, AGI thresholds, and other special rules (which there is no indication of in your question). You will have to calculate the gain on Schedule D, and report that as income on your 1040. This is the case whether you buy different or same stocks."}
{"_id": "443356", "title": "", "text": "https://www.socialyup.com/buy-facebook-reactions : Yes, buying Facebook reactions is very beneficial for your business. It is the easy and quickest way to express your feeling. More reactions on your post will help to viral your post in all over the world. You can purchase these reactions from any trustworthy firm."}
{"_id": "443380", "title": "", "text": "An example, where I live. When you buy a house, the seller wants 'black' money. This is because that way the seller pays less taxes. However, it's not smart for the buyer to pay in black, as the tax reductions are lower. Eventually, when the buyer tries to sell the house, he has to declare the difference, so a higher buy price should not have affected... apart from the notary minutes."}
{"_id": "443384", "title": "", "text": "I'm not familiar with it. However you might be interested in [Lords of Finance](http://www.amazon.co.uk/Lords-Finance-Great-Depression-Bankers/dp/009949308X/ref=sr_1_1?ie=UTF8&amp;qid=1323967392&amp;sr=8-1). That's a history book about the economics and the central bankers of the Great Depression. It wasn't written with the current crisis in mind, but it covers what happened last time a similar situation arose, and the consequences of the decisions the central banks made. My guess is that after reading that, you're going to be as well informed as most economists. Also it's a very good read!"}
{"_id": "443391", "title": "", "text": "\"I'll start by saying accounts that require a certain number of transactions are a horrible place to put any savings and, in fact, I'd stay away all together. However, you've asked a lot of questions here and are clearly more in-tune with this topic than most.  If I was young again and just starting to try to pile some money together, I would absolutely chase the highest interest rates by taking advantage of accounts like this.  If you have the discipline to hit the transaction counts and maintain the minimum balance AND leave your savings funds alone, do it. If for a single second you think you'll go out one Friday night and blow your emergency fund, put it somewhere else.   I used to keep really elaborate spreadsheets of my spending and savings with goals set and progress charts, etc.  I see the argument that the transaction count is not worth the gain in interest, but you've said you're not dealing with big numbers and 5% of $5,000 is about $255 after a year.  It's not a lot but it's 5x more than a \"\"normal\"\" no transaction hoops high-yield savings account; you get five years of interest each year.  So, yes, this is an amount of money you could probably generate by frequenting starbucks less, but presumably you're already doing that.  Obviously you would keep this to an upper account balance of $5,000 and put the rest in a vanilla high-yield savings; then when administering the transactions becomes too much work close the account.\""}
{"_id": "443397", "title": "", "text": "You mean in response to OP? Investors should buy physical gold and silver, and wait out the storm. The US Bond market is negative when you factor in inflation, that's a bubble that's going to burst eventually. Riding the gold horse will keep you high and dry.  But if you mean in response to Fearan? I would say that the way to reduce income inequality is to stop all the market distortions and malinvestment due to regulations. The countries with the most income disparity are the ones with the most regulations."}
{"_id": "443404", "title": "", "text": "What kind of retirement money? 401k? Withdraw it, take the tax hit, buy Bitcoin. Done.  I know one person that has sold their nice, paid off car back to the dealer, used the cash to buy bitcoin, and then taken out a loan on a used beater for 5 years. they still have a car to get around in and a positive indication that bitcoin will value more than the interest they are paying on the loan. IMO, that's much safer than putting sheltered money into it. although, it would be hard to get evidence of capital gains on any bitcoin profits 5 years from now."}
{"_id": "443407", "title": "", "text": "How you pay Income Tax Pay As You Earn (PAYE) Most people pay Income Tax through PAYE. This is the system your employer or pension provider uses to take Income Tax and National Insurance contributions before they pay your wages or pension. Your tax code tells your employer how much to deduct. Your tax code can take account of state benefits, so if you owe tax on them (eg the State Pension) it\u2019s usually taken automatically from your other income. Self Assessment tax returns If your financial affairs are more complex (eg you\u2019re self-employed or have a high income) you may pay Income Tax and National Insurance through Self Assessment. You\u2019ll need to fill in a tax return every year. Income Tax on savings and investment interest Income Tax is usually taken from interest on savings and investments automatically. Income that\u2019s not automatically taxed You must fill in a tax return if your untaxed income is over \u00a32,500, or if you don\u2019t pay tax through your wages or pension. You must contact the Income Tax helpline if it\u2019s less than \u00a32,500."}
{"_id": "443413", "title": "", "text": "I think it's smart. It's the same game, just stiffer regulations, so your lender will ask more from you. Buy if you... If someone has been saving for years and years and still can't put 20% down, I think they're taking a significant risk. Buy something where your mortgage payment is around one week's salary at most. Try to buy only what you can afford to live in if you lost your job and couldn't find work for 3-6 months. You might want to do a 30-yr fixed instead of a 15-yr if you're worried about cash-flow."}
{"_id": "443419", "title": "", "text": "In the United States, when applying for credit cards, proof of income is on an honor system. You can make $15k a year and write on your application that you make $150k a year. They don't check that value other than to have their computer systems figure out risk and you get a yes or no. It was traditionally easy to attain credit, but that got tightened in 2008/2009 with the housing crisis. This is starting to change again and credit is flowing much more easily."}
{"_id": "443426", "title": "", "text": "\"That's very specific to you tho.   Although I actually don't buy clothes / shoes online either (even tho standard sizes fit me just fine), I usually buy books, electronics &amp; misc household provision stuff on amazon/ebay as that's the stuff that tends to actually be much cheaper there than at local stores.  I dont think tshirts / underwear whatever is actually cheaper than at h&amp;m/c&amp;a/random \"\"ikea for clothes\"\" type retailers.\""}
{"_id": "443436", "title": "", "text": "Ask your bank to recall the transfer (as if went to wrong account and you have inform the bank about it).  Secondly get a police report in the country where you sent the money from and where it was sent to, and state the person's name and account details.  Ethically this person should return the funding, but if he or she wants to play gangsters paradise, then you want to take police action and push your bank to take the funds back by RECALLING THE FUNDS UNDER INDEMNITY.  Ask your bank to give you a copy of the message they have sent to the beneficiary's bank.  Use this wording and you will have success. Contact the beneficiary bank also and give them details."}
{"_id": "443451", "title": "", "text": "How do you know the shares will go up after you buy? The ultimate risk in your scenario is that you buy at a peak, and then that peak is never reached again. Over time, stock markets go up [more or less because there is a net increase in the overall production of the economy as time goes on]. However, you won't experience much of that gain, because you will be selling only after tiny amounts of profit have been achieved. So your upside is low, your plan is capital-expensive [because it requires you to have significant amount of cash available to make the initial purchase], and your downside [though unlikely] has massive risk."}
{"_id": "443474", "title": "", "text": "\"The characterization of these businesses as \"\"stingy\"\" for not raising wages seems like political fodder. Does the author really think farmers are letting crops rot because they're \"\"stingy?\"\" Do you really think roofers are turning down jobs because they would rather stick it to workers than make a profit? or is a more likely explanation that some of these business are in tight margin businesses and when labor costs exceed a certain threshold they aren't going to bother producing at a loss.\""}
{"_id": "443487", "title": "", "text": "Generally, credit card networks (as opposed to debit/ATM cards that may or may not have Visa/MC logos) have a rule that a merchant must accept any credit card with their logo. Visa rules for merchants in the US say it explicitly: Accept all types of valid Visa cards. Although Visa card acceptance   rules may vary based on country specific requirements or local   regulations, to offer the broadest possible range of payment options   to cardholder customers, most merchants choose to accept all   categories of Visa debit, credit, and prepaid cards.* Unfortunately the Visa site for China is in Chinese, so I can't find similar reference there. You can complain against a merchant who you think had violated Visa rules here. That said, its not a law, its a contract between the merchant processor and the Visa International organization, and merchants are known to break these rules here and there (most commonly - refusing to accept foreign cards, including in the US). Also, local laws may affect these contracts (for example, in the US it is legal to set minimum amount requirements when accepting credit cards). This only affects credit card processing, and merchants that don't accept credit cards may still accept debit cards since those work in different networks, under a different set of rules. Those who accept credit cards, are also required to accept debit cards (at least if used as credit)."}
{"_id": "443511", "title": "", "text": "\"The main reason people buy dollars (or other currency) on the black market is because they are prevented from exchanging currency on the official government market. Venezuela for example restricts citizens to a maximum number of dollars the citizen can buy or sell per year, depending on various factors such as whether or not the person is studying at a foreign university. If the citizen wants to exchange more dollars than legally allowed, that person must buy or sell at the \"\"black\"\" market rate, rather than through the official/government market.\""}
{"_id": "443536", "title": "", "text": "Yes, you can have a buy-to-let mortgage on a rental property at the same time as a residential mortgage on your own property. A lot of landlords do this. I wouldn't go expecting your rental property to contribute much to paying off your residential mortgage. Most of it will go on the various costs and fees of renting out a property (not least the buy-to-let mortgage!). The main financial benefit in the UK of owning a rental property with a substantial mortgage on it is that the value of the property goes up (in a rising market, which it normally seems to be)."}
{"_id": "443569", "title": "", "text": "\"What you are proposing is called a \"\"covered call\"\" strategy.  It is a perfectly reasonable speculative play on how far the stock will move within a certain amount of time.  If your belief that the stock's volatility is such that it is unlikely to reach the strike price before the maturity is greater than the markets (which it seems it is), then go ahead and sell the call.\""}
{"_id": "443586", "title": "", "text": "&gt; I think you know it is not really that simple. Does the police force teach civilians to ignore lawbreakers?   Yes it does.  &gt;Does public education cause people to only learn what is taught in schools?   For the vast majority of people, they do not learn anything outside the classroom.  &gt;Do people not learn CPR because 911 exists?  I wonder how many people learn CPR of their own volition. I learned it in high school gym class, but not on my own.  &gt; If people don't have the skills to manage their lives and hold down a job, wouldn't forcing them into a job guarantee failure?  You are confusing Unemployment Insurance with Welfare.  &gt;Would you agree they would need to first learn these skills and that probably wouldn't happen in an unstable environment?  I agree."}
{"_id": "443601", "title": "", "text": "Reducing the lowest tax bracket to zero from ten, and the next one to twelve from fifteen, is a tax cut for the one percent?  As someone on the cusp of one percent, I'd be paying more under Trump's plan.  Fortunately I'm getting married and my wife doesn't make as much as me so when we file together we'll still get a break.  It's pretty sick how deficit spending only hurts the lower class and helps the one percent when there's a republican on office.  It's also pretty sick how the author's hypothetical spending cuts are to welfare, as if there's nowhere else in the budget that could be cut.   The article is partisan nonsense.  The tax cuts are directly to lower and middle class only.    True, there are massive corporate tax cuts, but any individual getting money from a corporation is paying income tax on it.  All a corporate tax does is reduce the amount of money the corporation has to invest in itself and its employees."}
{"_id": "443605", "title": "", "text": "\"Surprising that you have a \"\"finance background,\"\" but don't know what a cold-calling broker does - he calls people he's never met and tries to bullshit them into buying stock or making some other trade.  You can call people from contact lists obtained from marketing firms, people who hopefully fit a certain income and age bracket best suited to investing.  For some people it's ok, for others it's complete hell.  If you fall into the latter category, your salary being based on how much trading you generate every month can make it even worse.  If you want an idea of cold-calling, call 100 people today at random from the phonebook and try to convince them that they need to buy something.\""}
{"_id": "443609", "title": "", "text": "\"In short you have to wait till the hold expires. If its one week, its great. Few years back it was one Month. It is advisable you use a Credit Card for these type of transactions. With Credit Cards you are not out of funds like in Debit Cards. Plus the reversals are as much as I know automatic. In case of Debit Cards, the Holds are not automatically released on cancelled transactions but released only after expiry. Where as in Credit Cards, the holds are released immediately on cancelled transactions. \"\"Does the hold reserve it for them or for the original transaction?\"\" Yes hold is for that specific transaction from that specific merchant. i.e. if you try and book the same item from the same merchant, you will not be able to as you have money blocked. Although the merchant sends an unblock message when cancelling, on Debit cards these messages are not supported in India\""}
{"_id": "443626", "title": "", "text": "For Massachusetts, we have 3 locations and one just opened earlier in October. the data is skewed to benefit the restaurants with fewer locations in the state.   They need to look at it as most popular per person, not busiest store relative to how many locations are in the state."}
{"_id": "443629", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theatlantic.com/science/archive/2017/06/global-warming-american-south/532200/?utm_source=feed) reduced by 94%. (I'm a bot) ***** &gt; &amp;quot;Most of the risk maps show that climate change is going to be terrible for Trump country. Like, it&amp;#039;s not clear at all-from these maps-why reducing climate change is not a more urgent issue for Republicans, purely as a matter of representing their people,&amp;quot; said Joseph Majkut, the director of climate policy at the Niskanen Center, a libertarian think tank, in an email.  &gt; The only factor of climate change that doesn&amp;#039;t specifically hurt the South is a projected rise in property crime associated with climate change.  &gt; So if climate modeling remains imperfect, what&amp;#039;s the point of doing it? Researchers have spent the last 25 years trying to forecast the economic damages of climate change.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kdtkk/the_american_south_will_bear_the_worst_of_climate/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155841 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Climate**^#1 **change**^#2 **economic**^#3 **cost**^#4 **study**^#5\""}
{"_id": "443644", "title": "", "text": "Prime sucks because it's all weird storage issues pulling it down. Amazon Fresh, though, seems okay. That's the one where they go into Sprouts or other stores and do the shopping for you, so selection is better.  Fresh, I believe, is what will be incorporating whole foods as an option.  What interests me the most is price differences between using the Fresh serviceable just going to the store. If it's like $5-10 more for online shopping with exactly the same goods, I might consider it. After all, I save gas and time. But more than that for a small trip? Doubtful."}
{"_id": "443662", "title": "", "text": "\"Get the book \"\"So you flunked the Series 7?\"\"   It's basically a guide to creating, memorizing and using the mother of all dump sheets for options.    Options are a significant portion of the exam and having that entire section compressed into a dump sheet that you mechanically use during the exam, leaves your brain free to focus on other troubling topics for which dump sheets are less useful... like muni bonds.  It'll create more work..: i don't know what timeline you're on, and if you can afford to cram this in, but i did it.  i think that book saved my ass from failing.  I got something like 98% of options questions right.     you should also create note cards-- so many note cards over and over that your hand hurts as much from writing as your brain hurts from thinking.  the process of repetitious writing encrypts the information and helps with retention and recall.  plus having the cards on hand helps to reinforce   edit: can i ask which firm you're with?   edit 2: the author of the above book is accessible.  i reached out to him to say thank and we actually text each other from time to time.  if you need an accountability buddy or have a question let me know.  PM me.  this is one of the biggest ball busting exams the world has ever seen and we can all use a hand through .\""}
{"_id": "443676", "title": "", "text": "Unless u borrow for a house but just get a financial advisor - i highly recommend the co. I work for. Pm me if u want details though it sounds like u may go the diy route which is fine but 9 out if 10 times it takes nonprofessionals longer. I deal with clients and advisors who do this all the time."}
{"_id": "443682", "title": "", "text": "I respect your openness to different viewpoints. I'm also not the poster you originally replied to. Just an innocent, reasonable, bystander.  I was snippy, but only because this is one of my biggest argument pet peeves so I apologize. Inventing an argument in order to proclaim a victory where there never was a battle.  I always personally try to step aside and ask myself if the meaning of what someone is saying is at all contradicted by my stance. Inevitably, the answer to that question also exposes the reality.  If he were to make rebuttal along the lines of *why yes, humans actually are able to be traded and slavery and yada yada* then I would concede my point. Since I highly, highly doubt this (and I'm almost assured you can't foresee this scenario either), an argument of this nature is nothing more than an exercise of linguistic masturbation."}
{"_id": "443683", "title": "", "text": "By the way, be nice to Mexicans. You might have to sneak into Mexico as illegal immigrant when dollar crashes and revolution follows an hyper inflation :) Don't be mad at me, be mad at your idiot and puppet politicians who are killing the American dream."}
{"_id": "443689", "title": "", "text": "\"The author is using an approximation to what you have exactly, which is called a \"\"true\"\" time-weighted rate of return. You have expressed the total time-weighted return for the period in question.  In order to express this as an annual rate, you may annualize it by adding one, raising to the 1/y power, and subtracting one again, for a period of y years. The alternative to a time-weighted return is a money-weighted return, which is actually another name for the internal rate of return.\""}
{"_id": "443691", "title": "", "text": "\"If by saying you wish to invest \"\"for the long term 5-10 years\"\" I take it you mean to hold a stock for between 5-10 years. If this is the case, this is the fundamental flaw in your screening algorithm. No company stock price continues to go up without end for 5-10 years. The price of every company's stock goes down at some point. You have to decide on a company by company basis whether you want to ride out the downturn or sell and get out. This is a personal decision based on your own research. The list of screening criteria you list indicates you are looking for solid earnings companies. Try not to apply these rules rigidly because every company runs through a rough patch. At times past, GE (for example) met all of your criteria. However, in 2017, it would not and therefore would not meet your screening criteria. Would you sell GE if you owned it? Maybe, or maybe you would hold through the downturn. The same be said for MSFT in 2010 or AAPL pre-Jobs return. A rule you may want to add to your list: know the company business well; that is, don't invest in companies you have no understanding of their business model.\""}
{"_id": "443707", "title": "", "text": "After losing my job (age 59) I started trading currencies. Many people have talents that they can use online and turn them into a business. Once I figured out how to trade I started writing eBooks on how to trade. What is your area of expertise, I bet you have one or can develop one."}
{"_id": "443728", "title": "", "text": "First I'd call and make sure there's not some kind of mistake.  If that fails, look into reapplying for forbearance.  I'm not sure what you got it for before, but I added up your expenses (which you say is more than your income) and from your stated SL payments, it's more than 20% of your income.  That should qualify you for a mandatory forbearance. If not, it should definitely get them to approve a financial hardship forbearance. Before either of those, try to get a deferment though as a financial hardship (not the same as a hardship forbearance, but same principle). If none of that works, ask for an income based repayment plan.  It'll stretch out your loans but will relieve some of the pressure now. Best of luck!"}
{"_id": "443747", "title": "", "text": "Why bother?  You don't even acknowledge the impact of our oil lust on the rest of the world?  Read a damn history book starting around WW1 and Sykes-Picot.  But that's the typical libertarian MO.  Take, take and take.  If you were a true libertarian (most people who claim so are not) you refuse all foreign sources of oil."}
{"_id": "443752", "title": "", "text": "In Keynes' day, money was gold. Convertible at a fixed exchange rate. His recommendation was that the government saved gold in good times, to ensure that it wouldn't run out of gold in the bad times.  That particular advice has zero relevance to a government that only borrows its own free-floating currency, as governments do not and can not run out of their own free-floating currency."}
{"_id": "443756", "title": "", "text": "\"He's saying:  1) Make juice from fruit (100% juice)  2) Remove water (still 100% juice)  3) Mix water, food coloring, and juice concentrates together (still 100% juice?)  I mean sure, if you define \"\"juice\"\" to be \"\"water, fruit stuff, and other shit\"\" then yeah, it's 100% juice.   Also, you said:  &gt;You can not say it is \"\"100% beef\"\" unless it is 100% beef.  But the whole point of this thread isn't that something is labeled \"\"100% beef\"\", it's that something is labeled \"\"MADE WITH 100% beef\"\". Can you spot the difference?\""}
{"_id": "443757", "title": "", "text": "Depending on the size of the donation, you may be able to reduce taxes further by donating appreciated assets, such as stock or fund shares that have gone up a lot. That lets you dodge the capital gains tax on redeeming the shares, and if you're donating to a tax-exempt organization they don't have to pay that tax either.  And as @JoeTaxpayer has confirmed, you still get to deduct the current value of the donation, not just the basis value of those shares. So if you're donating anyway, this comes close to being Free Money in exchange for some slightly annoying paperwork. (Yet another benefit of long-term investing!) Of course folks in the top brackets sometimes set up their own tax-exempt foundations so they can decouple taking the tax break from deciding what to do with the donation."}
{"_id": "443772", "title": "", "text": "\"I've never met someone who thought people taking advantage of medicinal marijuana somehow delegitimized actual patients.   I can see where you're coming from but to call folks \"\"disgusting human beings\"\" based on the possible misconceptions of others? That's absurd and completely uncalled for.\""}
{"_id": "443779", "title": "", "text": "You can get a degree in [Financial Engineering](http://www.ieor.columbia.edu/pages/graduate/ms_financial_eng/index.html)  Since you're interested in being a equity analyst and took the CFA, you appear to be on the path to be a Financial analyst which will help you in achieving what you want.  You should check out Think or Swim and their Prodigio add on. Allows you to create your own algorithm and run backtest with it."}
{"_id": "443795", "title": "", "text": "Incoming is often free except from overseas... I've never found a bank offering free international wire transfers. Is this coming from a foreign country or another part of the USA? If it is from a foreign country, at some banks (HSBC, perhaps) you can get US$ checks for US payments, at a lower cost than a wire transfer but you have to be careful because the exchange rate might be different. If the transfers occur wholly within the USA there is really no good reason to use wire transfer if you can avoid it.  ACH is usually free and is the same way direct deposit works.  Use that, or if it is within a family (like for college) you could even use postdated checks."}
{"_id": "443804", "title": "", "text": "If the stock has low liquidity, yes there could be times when there are no buyers or sellers at a specific price, so if you put a limit order to buy or sell at a price with no other corresponding sellers or buyers, then your order may take a while to get executed or it may not be executed at all. You can usually tell if a stock has low liquidity by the small size of the average daily volume, the lack of order depth and the large size of the gap between bids and offers. So if a stock for example has last sale price of $0.50, has a highest bid price of $0.40 and a lowest offer price of $0.60, and an average daily volume of 10000 share, it is likely to be very illiquid. So if you try to buy or sell at around the $0.50 mark it might take you a long time to buy or sell this stock at this price."}
{"_id": "443806", "title": "", "text": "\"The number one rule of thumb that will generally answer the \"\"is it taxable\"\" question for any money you may have or receive: \"\"Did you pay taxes on it already?\"\". Pretty much any money you actually get in your paycheck/DD has already been taxed (or at least the projected amount of tax has been withheld) is your money, to dispense with as you will (or according to your pre-arranged obligations, for most of it). Deposits paid are one such example; if you wrote a check or obtained a money order that they then cashed, that's still your money until it isn't; the contract states that it is being held effectively in escrow (though the landlord has free use of it so long as he can pony up according to the contract). Anything not used to pay for damages is yours, and you get it back. The ATM fee refund is trickier, but basically this is a benefit offered to you as a service by your bank. You front for the ATM fees incurred when withdrawing, and then those fees are refunded to you by your bank (effectively increasing the number of ATMs you can withdraw from \"\"for free\"\"). As long as there is no net income, it's treated like a mail-in rebate; you didn't gain any money, so there's nothing new to tax. There are a couple of specific exceptions to this otherwise overarching rule of thumb. One is Roth IRAs. Typically, on investments, you either pay income tax on the money going in and capital gains tax on the money coming out, or you pay nothing going in and income tax coming out. With a Roth, however, you pay income tax going in and nothing coming out, even though you're (eventually) getting back more than you put in.  Another is gifts. Whoever gave you the gift paid the taxes on it (or the money to buy it). However, if they give you a gift valued more than a certain limit (changes every year, and there's a lifetime limit), they have to pay an additional gift tax of 35% on any amount over the limit. That's taxing taxed income (usually).  There are other examples, but for the overwhelming majority of situations, if it's money you already had after any and all applicable taxes, it's not taxable even if you haven't seen that money for a while.\""}
{"_id": "443807", "title": "", "text": "\"All cash deals basically mean that the acquiring company isn't going to offer you shares in itself, but only the cash equivalent. Mechanically, the acquiring company will find out who the shareholders are, then use electronic means to send money to the shareholders of the target company through their brokerage accounts (slightly oversimplifying here but it's the essence).  As you've pointed out, using physical cash is impractical - they would have to send these amounts of cash to each shareholder of WFM, who will easily number in the tens or hundreds of thousands.  As for AMZN, how it raises this amount of cash is not addressed when we say the deal is \"\"all cash\"\". Essentially, it's AMZN's problem to figure out where to get this cash, be it through internal operations, bank borrowings, or issuing new equity.\""}
{"_id": "443816", "title": "", "text": "Many banks will let you generate a temporary credit card number to use in this situation.  You can set the credit limit and the expiration date yourself so that the second transaction won't be accepted. I don't know of any that will let you set the credit limit to $0, but you can set it to a value under the monthly subscription fee. An answer to this question suggests that banks sometimes let the charge go through even if it exceeds the limit or the expiration date, so the plan might not work."}
{"_id": "443823", "title": "", "text": "&gt; ShadowStats includes long-term discouraged workers in their Unemployment Rate, a number derived by including the BLS' reported U6 Unemployment rate.  U6 already includes discouraged workers.  To get his stat so high, ShadowStats also includes retirees as unemployed.  To my knowledge, no one else does this."}
{"_id": "443828", "title": "", "text": "US or EU states are sovereigns which cannot go bankrupt. US states have defaulted in the 1840's, but in most of those cases creditors were eventually repaid in full. (I'm not 100% sure, but I believe that Indiana was an exception with regard to costs incurred building a canal system) The best modern example of a true near-default was New York City in the late 1970's. Although New York City isn't a state, the size and scope of its finances is greater than many US states. What happened then in a nutshell: Basically, a default of a major state or a city like NYC where creditors took major losses would rock the financial markets and make it difficult for all states to obtain both short and long term financing at reasonable rates. That's why these entities get bailed out -- if Greece or California really collapse, it will likely create a domino effect that will have wide reaching effects."}
{"_id": "443842", "title": "", "text": "Probably a backlash from people who are upset that the only pressing issue people are paying attention to is Net Neutrality; and ***ONLY*** because Youtube and Netflix beat over people's heads that the government is allowing companies to do shady stuff which directly affects their ability to consume entertainment. Basically Bread and Circuses. No one is really outraged over the NSA leaks or the USA paying Israel to bomb people, or these unfair trade agreements like TPP being rammed down American's throats, etc."}
{"_id": "443852", "title": "", "text": "\"Short answer: NO.  Do NOT buy a house.  Houses are a \"\"luxury\"\" good (see Why is a house not an investment?).  Although the experience of the early 2000s seemed to convince most people otherwise, houses are not an investment.  Historically, it has usually been cheaper to rent, because owning a house has non-pecuniary benefits such as the ability to change things around to exactly the way you like them.  Consult a rent vs. buy calculator for your area to see if your area is exceptional.  I also would not rely on the mortgage interest deduction for the long term, as it seems increasingly likely the Federal government will do away with it at some point. The first thing you must do is eliminate your credit card and other debts.  Try to delay paying your lawyers and anyone else who is not charging you interest (or threatening to harm you in other ways) as long as possible.  Save enough money to maintain your current standard of living for 6 months should you lose your job, then put the rest in your 401(k). Another word of advice: learn to live with less.  Your kids do not need separate bedrooms.  Hopefully one day the time will come when you can afford a larger house, but it should not be your highest priority.  You and your kids will all be worse off in the end should you have unexpected financial difficulties and you have overextended yourself to buy a house. Now that your credit score is up, see if you can renegotiate your credit card loans or negotiate a new loan with lower interest.\""}
{"_id": "443853", "title": "", "text": "Oh crap that came off wrong the last full republican in my family was my grand father and we barely religious I think the last time we went to church was for Christmas because my sister is big in the church. I'm honesty most rural people would prefer if the government was hands off. I will agree that a lot of people just vote strait red which irritates the piss out of me. And trust me we hate our representation with a burning passion but we are fight the far bull headed right and left in our politics out here"}
{"_id": "443859", "title": "", "text": "On form 8829, line 20 you can list utilities paid for the home office. You have two choices: 1) You can list the entire amount under column (b) as an indirect expense. You will then get a deduction for the fraction of the amount based on what fraction of your home is an office. This makes sense if the service equally benefits your entire home. 2) You can compute the portion of the expense reasonably attributable to the business/office and list that amount under column (a). This entire amount will be deducted. Which option you choose depends on how well you think you can allocate the expense between your office and the rest of your home. For example, I have had to do this with electricity, but I specifically measured the electricity used by my office. If you think you can defend allocating a larger portion to the office, use option 2. If you would have paid the same amount even if you didn't have an office, it's hard to justify allocating more of the expense to the office than its portion of the home. If you opted for a more expensive service or otherwise incurred additional costs, it makes sense to allocate a higher fraction to the office and to calculate that yourself."}
{"_id": "443866", "title": "", "text": "Batteries are very cheap... if you have service stations to exchange them. Then, you can use much cheaper batteries that don't have such a long range.  Also, with battery exchange service stations, you DO NOT pay for the batteries as part of the car. Do you realize that?  You only pay for the electricity charged into the batteries... very very cheap."}
{"_id": "443869", "title": "", "text": "&gt;You don't know anything about that person to hint at that being true for him  I'm just agreeing with that, some people have it easy, some people don't but make something of themselves anyway, and some people use being cynical and apathetic as a crutch to avoid ever trying."}
{"_id": "443879", "title": "", "text": "Many business owners simply cannot afford to procure office space. An obvious solution to this problem may be what is referred to as a virtual office. A virtual office offers many of the benefits of an actual office without an expensive lease. A virtual office can be especially appealing to small startup businesses which simply haven't grown large enough yet to start looking for commercial office space."}
{"_id": "443881", "title": "", "text": "Yes, please network. Get good grades, but network is critical. Professors are usually great for that too along with recommendations to get your foot in the door.  Join clubs with leadership roles, be active etc.  It's going to be a lot of work, but you are a student and that's your job to be a great student."}
{"_id": "443889", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Where Internet Orders Mean Real Jobs, and New Life for Communities](https://np.reddit.com/r/talkbusiness/comments/785zbr/where_internet_orders_mean_real_jobs_and_new_life/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "443892", "title": "", "text": "You're assuming the Supreme Court will take this case, they may not.  Uber is a private company, it doesn't need to follow the Constitution.  The Constitution places a limitation on what the government can do, not private companies (as long as they are operating in a lawful manner).  No one is forcing you to use Uber, if you don't want to sign away your right to sue, don't use Uber.  It's as simple as that."}
{"_id": "443896", "title": "", "text": "I've often encountered the practices you describe in the Netherlands too. This is how I deal with it. Avoid gyms with aggressive sales tactics My solution is to only sign up for a gym that does not seem to have one-on-one sales personnel and aggressive sales tactics, and even then to read the terms and conditions thoroughly. I prefer to pay them in monthly terms that I myself initiate, instead of allowing them to charge my account when they please. [1]  Avoid gyms that lack respect for their members Maybe you've struggled with the choice for a gym, because one of those 'evil' gyms is very close to home and has really excellent facilities. You may be tempted to ask for a one-off contract without the shady wording, but I advise against this.  Think about it this way: Even though regular T&C would not apply, the spirit with which they were drawn up lives on among gym personnel/management. They're simply not inclined to act in your best interest, so it's still possible to run into problems when ending your membership. In my opinion, it's better to completely avoid such places because they are not worthy of your trust. Of course this advice goes beyond gym memberships and is applicable to life in general. Hope this helps. [1] Credit Cards aren't very popular in the Netherlands, but we have a charging mechanism called 'automatic collection' which allows for arbitrary merchant-initiated charges."}
{"_id": "443903", "title": "", "text": "Advantage of cash: You can spend the money without having to pay any fees or taxes to get it out. Disadvantage: When inflation is greater than zero, which it has been for many decades, your cash is continually losing value. Advantages of an IRA (Roth or classic): Your money will usually grow as the investments return a profit. You get special tax benefits. Disadvantages: There's risk -- you may lose money. There are tax penalties for withdrawing the money before retirement. In general, you should only put money in an IRA if you expect to leave it there until you retire. Or at least, for a long time. Whole life is a combination of a life insurance policy and an investment. Advantages: Combines insurance and investment into one convenient monthly payment. Disadvantages: The investment portion typically has lower returns than you could get elsewhere. If you have no need for life insurance -- if you're not supporting anyone or you're confidant they could get along without you or you don't like them and don't care what happens to them when you're gone or whatever -- then there's no point buying life insurance, whole or term. You're paying for a product that you don't need. It's pretty common advice to tell people that instead of buying a whole life policy, they should buy a term policy with the same coverage, and then invest the difference in the premium. For example, if you were considering getting a $100,000 whole life policy that costs $50 per month (just making up numbers, of course it depends on your age, health, etc), and you see you could get a $100,000 term life policy for $30 per month, you will almost certainly do better in the long run to buy the $30 term policy and put the other $20 into investments. The catch to this plan is that there are usually transaction costs to investing. Even a discount broker like Ameritrade or Scott Trade charges around $10 per transaction. So if you tried to invest $20 each month, you'd lose half of it to transaction fees. Which means that in practice, you'd have to save that money up until you had at least a few hundred. And at that point many people find other things always seem to come up to spend the money on, so that while they start out with every intention of investing this money, they don't."}
{"_id": "443925", "title": "", "text": "The way I read this, you've been effectively paying $100 per month toward a $5,000 loan at $10% per year.  Excluding the fact that there is another balance attached to the loan. After 36 months there's roughly $2,718 remaining on the $5,000, assuming there have been no late fees etc and your $100 is all that's being applied to your balance."}
{"_id": "443926", "title": "", "text": "If there are no traded options in a company you can get your broker to write OTC options but this may not be possible given some restrictions on accounts. Going short on futures may also be an option. You can also open a downside CFD (contract for difference) on the stock but will have to have margin posted against it so will have to hold cash (or possibly liquid assets if your AUM is large enough) to cover the margin which is unutilized cash in the portfolio that needs to be factored into any portfolio calculations as a cost. Diversifying into uncorrelated stock or shorting correlated (but low div yield) stock would also have the same effect. stop loss orders would probably not be appropriate as it is not the price of the stock that you are concerned with but mitigating all price changes and just receiving the dividend on the stock. warning: in a crash (almost) all stocks become suddenly correlated so be aware that might cause you a short term loss. CFDs are complex and require a degree of sophistication before you can trade them well but as you seem to understand options they should not be too hard to understand."}
{"_id": "443932", "title": "", "text": "\"Disagree, there's a reason why econ profs do not tell people to read \"\"Wealth of Nations\"\". It's long-winded, not easily digestible, is mostly commentary on the current political climate of his day, and a lot of progress has been made in the last 150 years; you can get a much better understanding of economic theory in about 10 pgs from any modern book, specifically the Varian textbook used by almost every university in the US.   Your advice is akin to telling someone to go read Euclid's \"\"Elements\"\" if they want to understand geometry.\""}
{"_id": "443934", "title": "", "text": "Keep in mind they raised our taxes temporarily under Quinn, generated $31 Billion extra, and the state was worse off afterwards.  The pension hole was $17 Billion larger after the tax hike and they only paid down about $4 Billion in outstanding bills.       We need a tax hike but we have a spending problem too.    edit: The word spending"}
{"_id": "443936", "title": "", "text": "This definitely depends on your situation. If  your furnace is relatively young it's probably not going to require major service anytime soon so you may not need it. As @sdg said, if you can tolerate a couple of days with no heat, you may not need it. If you have access to trusted HVAC repairman, you may not need it. Mind if I ask how much they're charging? There's definitely a pain threshold that will vary based on your needs.  For example, I'd be willing to pay up to $10. But that's mostly because of the annual maintenance check. If I had an older system or depended on it more, my pain threshold would be higher. My local gas company offers this service for around $20/month. That's not worth it to me because I'm estimating (i.e. guessing) that any repairs I need to do in the next 5 years will cost less than 5*12*20 = $1200."}
{"_id": "443944", "title": "", "text": "It is very important to get the right spoiler wings if you love to drive at faster speeds, that too safely. Moshammer have a good grasp over spoiler wings, especially duck tail spoiler wings. They are made up of light weight materials that ensure your flying with beautiful wing at the back, without adding any extra weight o your car. They also make sure to do this at a cost that is economical and within your budget."}
{"_id": "443945", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/environment/climate-consensus-97-per-cent/2017/aug/07/fossil-fuel-subsidies-are-a-staggering-5-tn-per-year) reduced by 89%. (I'm a bot) ***** &gt; According to the authors, these subsidies are important because first, they promote fossil fuel use which damages the environment.  &gt; The authors then quantify what benefits would be achieved if the fossil fuel subsidies were reformed.  &gt; A key motivation for the paper was to increase awareness among policy makers and the public of the large subsidies that arise from pricing fossil fuels below their true social costs-this broader definition of subsidies accounts for the many negative side effects associated with the consumption of these fuels.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6t15pc/fossil_fuel_subsidies_are_a_staggering_5_tn_per/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~188614 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **subsidy**^#1 **fuel**^#2 **Fossil**^#3 **authors**^#4 **cost**^#5\""}
{"_id": "443950", "title": "", "text": "Phone invitations are direct, more personal, and highly effective in delivering event information to a wider audience base. Marketing an event through telephone allows you to modify and improve your presentation while accelerating prospect engagement, right from the first call to all the way up to the big day."}
{"_id": "443951", "title": "", "text": "\"It is difficult to find investment banks that offer both low fees and low minimum investments. If you google around for \"\"no-fee low-minimum mutual funds\"\" you can find various articles with recommendations, such as this one.  One fund they mention that looks promising is the Schwab Total Stock Market Index Fund, which apparently has a minimum investment of only $100 and an expense ratio of 0.09%.  (I've never heard of this fund before, so I'm just repeating the info from the site.  Be sure to look into it more thoroughly to see if there are any hidden costs here.  I'm not recommending this fund, just mentioning it as an example of what you may be able to find.) Another possibility is to make use of funds in an existing brokerage account that you use for yourself.  This could allow you to make use of Craig W.'s suggestion about ETFs.  For instance, if you already have a brokerage account at Vanguard or another firm, you could add $100 to the account and buy some particular fund, mentally earmarking it as your daughter's.\""}
{"_id": "443960", "title": "", "text": "\"Even though this isn't really personal finance related I still feel like there are some misconceptions here that could be addressed. I don't know where you got the phrase \"\"pass-through\"\" insurance from.  What you're describing is a self-funded plan.  In a self-funded arrangement an employer contracts a third-party-administrator (TPA), usually one of the big health insurance carriers, to use it's provider network, process and adjudicate claims, etc.  In addition to the TPA there will be some sort of stop-loss insurance coverage on each participant.  Stop-loss coverage usually provides a maximum amount of risk on a given member and on the entire population for a given month and/or year and/or lifetime.  The employer's risk is in between the plan deductible and the stop loss coverage (assuming the stop-loss doesn't have a maximum). Almost all of the claim dollars in a given plan will come from very very few people.  These costs typically arise out of very unforeseen diagnoses not chronic issues.  A cancer patient can easily cost $1,000,000 in a year.  Someone's diabetes maintenance medicine or other chronic maintenance will cost no where near what a botched surgery will in a year. If we take a step back there are really four categories of employer insurance. Small group is tightly regulated.  Usually plan premiums are filed with a state authority, there is no negotiating, your group's underwriting performance has zero impact on your premiums.   Employers have no way of obtaining any medical/claim information on employees. Mid-market is a pooled arrangement.  The overall pool has a total increase, and your particular group performs better or worse than the pool which may impact premiums.  Employers get very minor claims data, things like the few highest claims, or number of claims over a certain threshold, but no employee specific information. Large-group is a mostly unpooled arrangement.  Generally your group receives it's own rating based on its individual underwriting performance.  In general the carrier is offloading some risk to a stop-loss carrier and employer's get a fair amount of insight in to claims, though again, not with employee names. Self-funded is obviously self-contained.  The employer sets up a claims checking account.  The TPA has draft authority on the account.  The employee's typically have no idea the plan is self funded, their ID cards will have the carrier logo, and the carrier deals with them just as it would any other member.  Generally when a company is this size it has a separate benefits committee, those few people will have some level of insight in to claims performance and stop-loss activity.  This committee will have nothing to do with the hiring process. There are some new partially self-funded arrangements, which is just a really low-threshold  (and relatively expensive) stop-loss program, that's becoming somewhat popular in the mid-market group size as employers attempt to reduce medical spend.   I think when you start thinking on a micro, single employee level, you really lose sight of the big picture.  Why would an employer hire this guy who has this disease/chronic problem that costs $50,000 per year?  And logically you can get to the conclusion that with a self-funded plan it literally costs the company the money so the company has an incentive not to hire the person.  I understand the logic of the argument, but at the self funded level the plan is typically costing north of half a million dollars each month.  So a mid-level HR hiring manager 1. isn't aware of specific plan claims or costs and is not part of the benefits executive committee, 2. won't be instructed to screen for health deficiencies because it's against the law, 3. a company generally won't test the water here because $50,000 per year is less than 1% of the company's annual medical expenses, 4. $50,000 is well below the cost to litigate a discrimination law-suit.    Really the flaw in your thought process is that $50,000 in annual medical expense is a lot.  A harsh child-birth can run in the $250,000 range, so these companies never hire women?  Or never hire men who could add a spouse who's in child bearing years?  Or never hire women who might have a female spouse who could be in child bearing years?  A leukemia diagnosis will ratchet up $1,000,000 in a year.  Spend a bit of time in intensive care for $25,000 per day and you're fired?  A few thousand bucks on diabetes meds isn't anything relative to the annual cost of your average self-funded plan. The second flaw is that the hiring managers get insight in to specific claims.  They don't. Third, you don't hand over medical records on your resume anyway. I typed this out in one single draft and have no intention of editing anything.  I just wanted paint a broad picture, I'm sure things can be nit-picked or focused on.\""}
{"_id": "443966", "title": "", "text": "This is part of a much larger battle over ecommerce, taxes and jobs. That some significant percentage of economic activity is migrating to the web has been apparent for years. The partisans in this fight are scrapping over the rate of change. Time to join the revolution and make it work for you rather than hoping it will go away."}
{"_id": "443970", "title": "", "text": "&gt; These are the same products, sold in the same store, but with a new price  I want to revisit this question in a couple of months' time.   The drop in prices is going to get a lot of new foot-traffic, people who don't care so much whether the bananas are organic or fair-trade.  Will Amazon keep selling organic, fair-trade fruit when they no longer need to?"}
{"_id": "443983", "title": "", "text": "Yes, it should come out tax free. However you should have reported it  to the IRS at the time (currently it is done on form 8606). If you haven't done it, the IRS may disagree with you on that and require taxes. If you have proper documentation of the contribution, then when you withdraw from your IRA - you use that same form 8606 to calculate the non-taxable portion. Note that you cannot just take $2K out of the 1099-R, the non-taxable portion will be prorated through all of your IRA withdrawals. Also, keep in mind that only the actual after tax portion will be tax-free, the gains will be taxable. I.e.: if you deposited $2K after tax (and nothing else), and they have now grown to $100K - you will only have 2% of your distribution tax free (2k/100K * distributed amount)."}
{"_id": "444008", "title": "", "text": "which is a better way to structure a SIP, This is no one way better than other. SIP as you already know offers advantages in terms of averaging costs.  Given that transaction costs are same, averaging daily would be better from law of averages point of view. The only flip side to doing it daily is tracking, i.e. your Bank Statement is going to look horrible, recon as to what and how much got purchased will be horrendous. Further tracking liquidity could be an issue unless you use segregated accounts. i.e. you don't know how done you are with your investments. On monthly this is more easy, once you get salary and get investments and other mandatory payments out of way, you know what you have in the account for rest of the month. In the end I would put this more of convenience than anything else."}
{"_id": "444040", "title": "", "text": "The island company was already bankrupt [link] (http://www.chicagotribune.com/news/nationworld/ct-puerto-rico-power-company-20170921-story.html).  The PR government and the failed company doesn't deserve a say in who is to rebuild the power grid especially when it's US money paying for it.  Their history of corruption should exempt them from it."}
{"_id": "444044", "title": "", "text": "It is not necessarily proportional. 401k are all unique per the plan and how they are set up. It is impossible to find any two exactly alike. You should have separate buckets of the money types. Pre tax, after tax, roth, employer contribution,etc... If the plan is good you may have a Source Specific Withdraw option which allows you to take only roth or pretax at your choosing. They should track the growth of each bucket separately. It does indeed appear complicated but just think of it as different buckets of cash store in the same vault. Most people end up rolling over the 401k into an ira when they retire for flexibility to get out from under the plan rules. When you do this you will create a roth ira and a traditional ira. Then you can pick and choose when you want to take what type of money."}
{"_id": "444046", "title": "", "text": "No one here seems to be suggesting a good website. Make sure the English is good on it. Take bookings on it. Have loads of happy customers talking about their experiences. Ask someone you know who speaks english to help you. Wix.com is a great place to start. You can do all this for free. Good luck"}
{"_id": "444074", "title": "", "text": "This might be a bit of r/conspiracy thinking but:  DOL fiducary rule has siginfcatly altered investment companies ability to make money on qualifed accounts. Many are still struggling to figure out how to adopt, monitor and be in compliance with it. This will hit the insurance companies hard too especially variable annuities providers since it is that much more difficult to justify their high cost products for rollovers unders DOL.   If you reduce the limit to 2,400 people are going to have to find other places to put money to continue to save.  If you already saving 18,000 or 10,000 or 5,000 a year your going to need a new place to put that money.  What other products are there that are tax deferred for non qualifed money? after tax annuities.   And since these dollars are no longer in qualified plans they are not subjected to the DOL fiducary rules.    If a variable annuity company comes out with a hybrid Qualified / non qualified account that allows you to have one contract with two accounts in it, the fix is in.  So maybe the insurance companies or the financial services companies lobbying groups or supported think tanks came up with the idea and served it to the government.   My tin foil hat is bolted on."}
{"_id": "444085", "title": "", "text": "\"I'd imagine it would only be a \"\"threat\"\" or interference in an election, if a person could prove that only people who voted for Obama were laid off. Otherwise it is just a blanket statement that says, if X candidate  wins there will be lay offs due to laws that will be enacted.  A better way for him to say it without being so politically charged would be to point out the specific laws and taxes that would affect his company and then allow his employee's to go determine how the candidates at large support/oppose those laws and taxes.  edit: For example: \"\"Law xx.xx.xx which is currently slated to go into affect on xx/xx/xxxx requires that companies of our size pay an extra xx% of revenue to the government. Due to this restriction I will need to lower labor costs in order to maintain a profitable company. If you feel this law should not be enacted I encourage you to contact your congressmen and do research on where your current presidential candidates lay their support.\"\"   Still has the same message though.\""}
{"_id": "444095", "title": "", "text": "No, there is no advantage.  There may be some peace of mind at no cost if you are already in the lowest tax bracket.  Otherwise, it is actually disadvantageous. Consider the following scenario: RRSP HBP withdrawal $15000 ($1000/y repayment), You are required to pay back $1000 a year with no tax advantage. Any additional RRSP payments can be designated as HBP (no tax advantage) or as a regular RRSP contribution Tax = (Taxable Income - contributions) * rate. So, you are forgoing the tax benefit for no advantage."}
{"_id": "444100", "title": "", "text": "This seems heavily opinion based but I think there are some generic answers."}
{"_id": "444104", "title": "", "text": "Or at least I saw it do so with Bank of America."}
{"_id": "444107", "title": "", "text": "\"Technically there could be a true cash fund, but the issue is it would need to have some sort of cost associated with it, which would mean it would have negative yield or would charge a fee.  In some cases, this might be preferable to having it invested in \"\"cash equivalents,\"\" which as you note are not cash.  It is important to note that there is nothing, even cash or physical precious metals, that is considered zero risk.  They all just have different risks associated with them, that may be an issue under certain circumstances.  In severe deflation, cash is king, and all non-cash asset classes and debt could go down in value.  Under severe inflation, cash can become worthless. One respondent mentioned an alternative of stopping contributing to a 401k and depositing money in a bank, but that is not the same as cash either.  In recent decades, people have been led to believe that depositing your money in the bank means you hold that in cash at the bank.  That is untrue.  They hold your deposit on their books and proceed to invest/loan that money, but those investments can turn sour in an economic and financial downturn.  The same financial professionals would then remind you that, while this is true, there is the Federal Deposit Insurance Corporation (FDIC) that will make you whole should the bank go under.  Unfortunately, if enough banks went under due to lack of reserves, the FDIC may be unable to make depositors whole for lack of reserves.  In fact, they were nearing this during the last financial crisis.  The sad thing is that the financial industry is bias against offering what you said, because they make money by using your money.  Fractional reserve banking.  You are essentially holding IOUs from your bank when you have money on deposit with them. Getting back to the original question; you could do some searching and see if there is an institution that would act as a cash depository for physical cash in your IRA.  There are IRA-approved ways of holding physical precious metals, which isn't all too different of a concept from holding physical cash. 401k plans are chosen by your company and often have very limited options available, meaning it'd be unlikely you could ever hold physical cash or physical precious metals in your 401k.\""}
{"_id": "444116", "title": "", "text": "Thank you ZenandHarmony for voting on this bot.   However, the go\u1d0fdbot_badb\u1d0ft experiment has now ended and no further results will be recorded.  [You can view the final results here](https://goodbot-badbot.herokuapp.com/).     Thanks for participating in our hunt for the best bot on reddit!"}
{"_id": "444134", "title": "", "text": "\"The first question I have to ask is, why would your \"\"friend\"\" even be considering something so ridiculous?  There are so many variations of the banking scam running around, and yet people can't seem to see them for what they are -- scams.   The old saying \"\"there's no such thing as a free lunch\"\" really comes into play here.  Why would anyone send you/your friend $3,000.00 just because they \"\"like you\"\"?  If you can't come up with a rational answer to that question then you know what you (or your friend) should do -- walk away from any further contact with this person and never look back! Why?  Well, the simple answer is, let's assume they DO send you $3,000.00 by some means.  If you think there aren't strings attached then all hope is lost.  This is a confidence scam, where the scammer wins your trust by doing something nobody would ever do if they were trying to defraud you.  As a result, you feel like you can trust them, and that's when the games really begin.   Ask yourself this -- How long do you think it will be (even assuming the money is sent) before they'll talk you into revealing little clues about yourself that allow them to develop a good picture of you?  Could they be setting you up for some kind of identity theft scheme, or some other financial scam?  Whatever it is, you'd better believe the returns for them far outweigh the $3,000.00 they're allegedly going to send, so in a sense, it's an investment for them in whatever they have planned for you down the road. PLEASE don't take the warnings you get about this lightly!!!  Scams like this work because they always find a sucker.  The fact that you're asking the question in the first place means you/your \"\"friend\"\" are giving serious thought to what was proposed, and that's nothing short of disaster if you do it.   Leave it be, take the lesson for what it's worth before it costs you one red cent, and move on. I hope this helps. Good luck!\""}
{"_id": "444135", "title": "", "text": "Fusion Grill Dine &amp; Lounge is the Best Restaurant For Hangout In Navi Mumbai CBD Belapur which offers the cuisine from north India, South India, Chinese, Thai and other famous cuisine. We also offers the vallet parking and complete privacy in dining and eating. For more information, visit the website: http://fusiongrillcbdbelapur.co.in/"}
{"_id": "444145", "title": "", "text": "You recognize expense when you sell the hot dog. When you pay for the buns you have inventory, which is an asset. When you sell the hot dog - you have cost of goods sold, which is the expense. Expense principle says that you recognize expense when you use the product. You use the buns when you actually sell the hot dog, not before. The matching principle is also honored because you recognize expense of the buns at the time of recognizing revenue of the hot dog."}
{"_id": "444148", "title": "", "text": "The reason for borrowing instead of paying cash for major renovations should be the same for the decision about whether to borrow or pay cash for the home itself.  Over history, borrowing using low, tax-deductible interest while increasing your retirement contributions has always yielded higher returns than paying off mortgage principal over the long term. You should first determine how much you need to save for retirement, factor that into your budget, then borrow as much as needed (and can afford) to live at whatever level of home you decide is important to you.  Using this same logic, if interest rates are low enough, it would behoove you to refinance with cash out leveraging the cash to use as additional retirement savings."}
{"_id": "444162", "title": "", "text": "Yes, a business account at Chase bank offers free incoming wire transfer fees when you keep a minimum balance of over 100k. It's the only one I have found."}
{"_id": "444172", "title": "", "text": "You've already counted the cost. It will cost your family ~$10,000 per month until your father dies, or until there's no money left, to enable him to pretend that he is a successful business owner. I'd ask him when he thinks business is going to pick up again.  He may be honest with himself. Or, ask him to consider what will happen if he outlives the money that's going out the door.  Ask him if he would like to be bankrupt on top of needing to close his business. (I don't view asking those questions as being unloving, by the way.)"}
{"_id": "444176", "title": "", "text": "Detroit would do better to fix the city *first* and thereby attract people and companies rather than doing it in the backwards way it is now. Right now, though, there are plenty of local die-hard Detroit proponents that won't even raise their kids in the city or send them to school there. If Detroit can't even lure people back from the Detroit suburbs, how is it going to land lots of people from much healthier and more vibrant places?"}
{"_id": "444191", "title": "", "text": "I wasn't real impressed with the journalism.  It's just a list of accidents and emotional appeal.  Industrial accidents happen everywhere, not just Alabama.  Believe it or not - you don't remove someone's crushed limb because they'll bleed to death.  Yes - that's what people are trained to do - leave them in till the ambulance gets there.   And the guy apparently just entered a press without communicating with the operator or employing any lockout/tagout protocols?  Having worked in factories most of the incidents were people doing exactly what they were trained to not do."}
{"_id": "444218", "title": "", "text": "Once wealth accumulates in the hands of a few, they're less likely to spend it, as opposed to when there's smaller amounts of wealth in the hands of many. That's one of the primary arguments for more economic equality.  You then also have the case of that wealth being used to generate more wealth without really adding anything of value. Employing hedge fund managers, bankers, lawyers, and accountants to manage large amounts of that wealth in order to use it to generate more wealth, sometimes in ways that doesn't benefit society at all, and sometimes even to its detriment (toxic assets, tax evasion, etc).   Overall, this has the effect of weakening the economy, at the very least inhibiting its growth, and I don't possibly see how you could argue that a weaker economy benefits *anyone*, especially those in the best position to take advantage of the goods produced by a stronger economy (the wealthy). A stronger economy means more and better goods on the market, that the rich can then benefit from. I don't think the luxury goods market would go anywhere either, and may even allow it to grow because of the people who are just under the wealthiest would get richer with more equality (remember it's only the top 10% who benefit from the current massive inequality)."}
{"_id": "444234", "title": "", "text": "You need to find a fiduciary advisor pronto. Yes, you are getting a large amount of money, but you'll probably have to deal with higher than average health expenses and lower earning potential for years to come. You need to make sure the $1.2 million lasts you, and for that you need professional advice, not something you read on the Internet. Finding a knowledgeable advisor who has your interests at heart at a reasonable rate is the key here.  These articles are a good start on what to look for: http://www.investopedia.com/articles/financialcareers/08/fiduciary-planner.asp https://www.forbes.com/sites/janetnovack/2013/09/20/6-pointed-questions-to-ask-before-hiring-a-financial-advisor/#2e2b91c489fe http://www.investopedia.com/articles/professionaleducation/11/suitability-fiduciary-standards.asp You should also consider what your earning potential is. You rule out college but at 26, you can have a long productive career and earn way more money than the $1.2 million you are going to get."}
{"_id": "444241", "title": "", "text": "\"lol, please, calculate the correlation and let me know how close to 1 it is. And then let me know what kind of sensible economic model looks like SPX Level = const + beta * Fed Balance Sheet Level. That's a great way to just throw useful statistical inference out the fucking window.  Edit: I'd also like to make it abundantly clear that this is a monumentally retarded \"\"correlation\"\" to consider in the first place. The Fed balance sheet prior to 2008 was relatively tiny and unchanging, and yet the stock market was just as volatile in prior years.\""}
{"_id": "444246", "title": "", "text": "If you have a one-time event, you are allowed to make a single estimated payment for that quarter on Form 1040-ES.  People seem to fear that if they make one such payment they will need to do it forevermore, and that is not true.  The IRS instructions do kind of read that way, but that's because most people who make estimated payment do so because of some repeating circumstance like being self-employed. In addition, you may qualify for one or more waivers on a potential underpayment penalty when you file your Form 1040 even if you don't make an estimated payment, and you may reduce or eliminate any penalty by annualizing your income - which is to say breaking it down by quarter rather than the full year.  Check on the instructions for Form 2210 for more detail, including Schedule AI for annualizing income.  This is some work, but it might be worthwhile depending on your situation. https://www.irs.gov/instructions/i2210/ch02.html"}
{"_id": "444261", "title": "", "text": "The key to good investing is you need to understand what you are investing in. That is, if you are buying a company that makes product X, you need to understand that. It is a good idea to buy stock in good companies but that is not sufficient. You need to buy stock in good companies at good prices. That means you need to understand things like price to earnings, price to revenue and price to book. Bob"}
{"_id": "444266", "title": "", "text": "There is no way you can directly defer that capital gains tax. If you sell a property that is not your principal residence, it will be taxed in the year in which it was sold. It doesn't matter what you do with the proceeds - that tax will get paid. Now, if you had adequate RRSP contribution room you could certainly put some money there, and would get a deduction on your tax return that would offset this capital gains tax. For example, if you sold a property for $300K that was originally purchased for $200K, then you would incur capital gains tax of $50K (assuming you were not claiming CCA deductions). If you took $50K of your proceeds and put it in an RRSP, it would offset the tax you pay now, and essentially defer the tax on that $50K of income until you withdraw - hopefully at a lower marginal tax rate. A spousal RRSP would work the same, except it would be taxed at your spouse's marginal tax rate when withdrawn. Either way, you need to have sufficient contribution room in the RRSP for this to work. Check your Notice of Assessment to see how much room you have available."}
{"_id": "444273", "title": "", "text": "Business expenses reduce business income. The SE tax is paid on business income. The credit for 1/2 the SE tax is based on the amount of SE tax paid. So:"}
{"_id": "444279", "title": "", "text": "\"http://www.bell.ca/Bell_TV/Channels/Special_Interest_Programming.tab  https://www.rogers.com/web/Rogers.portal?_nfpb=true&amp;_pageLabel=PTV_PROG_CHANNEL&amp;forwardTo=themePack&amp;group=1&amp;N=125+12+4294967120+4294949430+4294944567  http://www.shaw.ca/television/programming/theme-packs/  (click on the news theme pack)  From the comments in the article you link:  \"\"Fox News Channel is currently offered by Access Communications, Bell TV, Cogeco, Eastlink, Manitoba Telecom Services, Rogers, SaskTel, Shaw Cable, Shaw Direct and Telus TV.\"\"  Don't believe wikipedia? Here is proof that Fox News is broadcast in Canada:  www.myaccess.ca/Home/Communities/AC3/AtHome/TV/ChannelLineup/Networks/tabid/2486... This is from just ONE of the many cable providers in Canada, I don't have time to look at all of them. If you still insist on spreading lies, it's a good thing you aren't in Canada because you would be censored.   .....so it seems you're being lied to by people you go to for information. So wise up.\""}
{"_id": "444283", "title": "", "text": "\"Hypothetical question w/ no actual ability to implement, so pick a hypothetical answer.   I'm guessing you feel they're milking tragedy for ratings.   Assuming a non-cynical perspective for a moment: Psychology 101; talking through stressful thoughts helps reduce stress.   It's not a new phenomenon, since radio of the 30's talk show hosts have historically played \"\"the voice of the public\"\" who talked through stressful times &amp; even helped people come to terms with major stressors such as war or other disasters.  Talk shows have always instilled a sense of community; yes it's somewhat contrived, but in truth certain shows have certain defined viewpoints that speak to aligned social groups.  People feel better, even if nothing tangible has changed, and that can be a good thing.\""}
{"_id": "444295", "title": "", "text": "Is Zellers was such a quality company, it would not have been bought out.  So the company, stock and locations were valuable. The staff might hae been part of the problem. In addition most of the jobs do not require any type of skills. This is called entry level work.  This is what you start doing when you have no skills,  get more experience, go to a college or trade school to get more knowledge to become more valuable."}
{"_id": "444296", "title": "", "text": "Some kinds of hate and intolerance are good though, so I hope they choose wisely.   Hate towards violence? Good.  Intolerance of racism? Good.  See what I mean?   Where it gets dicey though, is hate towards another viewpoint? Intolerance of a different opinion? Slippery slope, I tell ya."}
{"_id": "444300", "title": "", "text": "\"Read up on filing an \"\"amended tax return\"\".  Essentially you'll fill out the entire return as it should have been originally, then fill out form 1040X stating what has changed (and pay the additional tax due if needed).   According to TurboTax's website, they have partnered with Sprintax for non-resident tax prep.  I am not vouching for the service; just offering it as information.\""}
{"_id": "444310", "title": "", "text": "\"Actually the reason isn't because of the gold standard. The real reason is because we have seen a sharp increase in fruit imports over the past 5 decades.  Productivity is up rather dramatically as compared to 40 years ago. Maybe you mean manufacturing?  The reason you're seeing the gains over the past several years shifting towards the rich is due to a combination of tax policy and a rise in cronyism caused by our campaign financing problems. Big businesses often have a lot of lobbying power to get laws passed that ultimately are felt by the  rest of the economy.   Fiat currency is a good thing for countries like the United States. We can safely finance and pay our debts for a few more years while wracking up debt without fear of hyperinflation. Now, there may be a lot to gripe about how the United States is *currently* spending its money, but it's established \"\"practical\"\" fact that government investment can spur growth, level out recessions, help people, etc.  **TL;DR The Gold Standard sucks, it has a lot of problems. Fiat Currency rocks for the USA because USA Fuck yeah! We are in a particular advantage where the real risks of fiat currency don't really apply to the USA**\""}
{"_id": "444318", "title": "", "text": "It depends on your career objectives, and what type of firm you want to end up at. Ranked 22 is still a good school.  If you want to start your own firm, then school rankings don't matter at all.  In my experience: hard work and emotional intelligence have more currency than going to a top 10 school."}
{"_id": "444319", "title": "", "text": "Oh man. I love a dumb semantic argument with a troll. So troll, what exactly is the difference in this context between 'powers' and 'rights' and why does it matter so much that you need so very badly to point it out to everyone?"}
{"_id": "444323", "title": "", "text": "NapiGator SEO is Sacramento's leading SEO Agency. Unlike other local agencies who pass your crucial SEO tasks across to juniors or outsourced teams, here at NapiGator Sacramento, we believe that your business and your results are the most important part of our business. This is why we proudly deliver all work in-house by industry leading professionals. If you've had previous SEO, let us know, and we'll do a free analysis, and will find the exact reason why you're not ranking like you'd hoped."}
{"_id": "444349", "title": "", "text": "Title is overblown.    FTA:  &gt; Citing the fine print on Social Security projected-income statements that explains by 2034 **there will only be enough money to meet 79% of the obligation**, Mr. Beagle tells clients between ages 50 and 60 to not count on more than 75% of their projected benefit  Social security won't disappear.  It might be cut by 20% to 25%, if Congress does nothing."}
{"_id": "444351", "title": "", "text": "(more like 10 years ago, but that's beside the point) Save, save, save! Both in the notion of squeezing as much value as you can out of every purchase and the notion of putting money away in a savings account."}
{"_id": "444352", "title": "", "text": "Coinstar will charge zero if you will take one of the gift cards they offer. Since my daughter likes iTunes, a $20 gift card is just as easy to get at the Coinstar machine as anyplace. They offer a multitude of choices, Amazon gift cards among them.  Really, stop saving coins. It's no big deal to give a cashier at the supermarket up to 10 pennies, or a toll guy $2 in coins. Just don't give the toll guy $1 in pennies. Remember, stores often need coins or $1/$5 bills, so they are happy to take them as long as the timing is right."}
{"_id": "444355", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [India's Banks Need More Than a Bailout](https://www.reddit.com/r/Economics/comments/78stf0/indias_banks_need_more_than_a_bailout/) on /r/Economics with 1 karma (created at 2017-10-26 10:53:41 by /u/DoremusJessup)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "444365", "title": "", "text": "\"A direct gift to a person is never deductible. The kind relative was confusing this with a charitable gift. Which if to a qualified charity can be deducted as part of your itemized deductions. But there, the $14K doesn't enter the equation.  But, if your wife is a dog lover, you can donate to the ASPCA, and give her a note saying \"\"in your honor I donated $14K to the ASPCA.\"\" That's a deduction.\""}
{"_id": "444369", "title": "", "text": "An issue with the initial plan was that the house was gifted to you. Therefore you owned it. Now two years later you wanted to get a mortgage. The IRS would look at it as a home equity debt not a home Acquisition debt, and the interest on the first $100,000 of home equity dept is deductible. This is from IRS pub 936 Mortgage treated as used to buy, build, or improve home.   A mortgage   secured by a qualified home may be treated as home acquisition debt,   even if you do not actually use the proceeds to buy, build, or   substantially improve the home. This applies in the following   situations. You buy your home within 90 days before or after the date you take out the mortgage. The home acquisition debt is limited to the home's   cost, plus the cost of any substantial improvements within the limit   described below in (2) or (3). (See Example 1 later.) You build or improve your home and take out the mortgage before the work is completed. The home acquisition debt is limited to the   amount of the expenses incurred within 24 months before the date of   the mortgage. You build or improve your home and take out the mortgage within 90 days after the work is completed. The home acquisition debt is limited   to the amount of the expenses incurred within the period beginning 24   months before the work is completed and ending on the date of the   mortgage. (See Example 2 later.) Example 1. You bought your main home on June 3 for $175,000. You paid for the   home with cash you got from the sale of your old home. On July 15, you   took out a mortgage of $150,000 secured by your main home. You used   the $150,000 to invest in stocks. You can treat the mortgage as taken   out to buy your home because you bought the home within 90 days before   you took out the mortgage. The entire mortgage qualifies as home   acquisition debt because it was not more than the home's cost. At two years you would be way outside the 90 day limit. The pub also gives example on how calculate the amount of interest you can deduct."}
{"_id": "444377", "title": "", "text": "I don't have as strong of feelings as others here do. I actually like tipping in restaurants. Servers get paid more than they would getting a higher flat wage, at least if they do a good job and I think it does encourage better service. I do however dislike when people try to get tips out of every profession and especially something like this where people are and were already making pretty solid money(at least in my area they do) and now because a competitor offers it I should start tipping. I'd rather Uber decided to give a larger share of the profits to their drivers or even to very slightly up the prices. Fact of the matter is there isn't really much of a difference between Uber drivers in my experience. With the rare big fuck up driving or terrible attitude, most people are fine and driving someone from point a to point b doesn't leave a lot of room to provide exceptional service worthy of a tip. Very much unlike being a server or something."}
{"_id": "444378", "title": "", "text": "Libertarian pixie dust is the magical substance that allows libertarian defundingbudgets to work.   It is a truly amazing substance that makes market failures disappear, private interests capable of self-regulation for the common good over short-term gains, and turns the tragedy of the commons into a comedy of the commons.  It's how Ron will decide which 20% of research the CDC will halt and how the communications and broadcast industries will play nice without the FCC once he eliminates them."}
{"_id": "444390", "title": "", "text": "Consider that the bank of course makes money on the money in your escrow. It is nothing but a free loan you give the bank, and the official reasons why they want it are mostly BS - they want your free loan, nothing else. As a consequence, to let you out of it, they want the money they now cannot make on your money upfront, in form of a 'fee'. That explains the amount; it is right their expected loss by letting you out. Unfortunately, knowing this doesn't change your options. Either way, you will have to pay that money; either as a one-time fee, or as a continuing loss of interest. As others mentioned, you cannot calculate with 29 years, as chances are the mortgage will end earlier - by refinancing or sale. Then you are back to square one with another mandatory escrow; so paying the fee is probably not a good idea. If you are an interesting borrower for other banks, you might be able to refinance with no escrow; you can always try to negotiate this and make it a part of the contract. If they want your business, they might agree to that."}
{"_id": "444392", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-13/fed-s-patient-or-preemptive-clash-looms-as-inflation-misses-goal?cmpId=flipboard) reduced by 91%. (I'm a bot) ***** &gt; The debate over whether the Fed should get ahead of the inflation curve or stick with a wait-and-see approach is heating up ahead of the Federal Open Market Committee&amp;#039;s meeting next week.  &gt; Part of the doubt is due to low inflation expectations, which may represent the underlying, trend level of inflation.  &gt; &amp;quot;The key question in my mind is how to achieve an improvement in longer-run inflation expectations to a level that will allow us to achieve our inflation objective,&amp;quot; Brainard said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zwx8i/act_or_wait_fed_debate_heats_up_after_inflation/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~209135 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **inflation**^#1 **whether**^#2 **market**^#3 **policy**^#4 **year**^#5\""}
{"_id": "444403", "title": "", "text": "&gt; there are more people than ever with it  This was my point.  I get the rest too... but I kinda felt it was turning into a pissing contest so I was gonna' bail from the conversation.  It's a little emotional too... so I'm trying to not be reactive with what I write.  Thanks for your sensible reply."}
{"_id": "444405", "title": "", "text": "Here's how capital gains are totaled: Long and Short Term. Capital gains and losses are either long-term or   short-term. It depends on how long the taxpayer holds the property. If   the taxpayer holds it for one year or less, the gain or loss is   short-term. Net Capital Gain.  If a taxpayer\u2019s long-term gains are more than their   long-term losses, the difference between the two is a net long-term   capital gain. If the net long-term capital gain is more than the net   short-term capital loss, the taxpayer has a net capital gain. So your net long-term gains (from all investments, through all brokers) are offset by any net short-term loss.  Short term gains are taxed separately at a higher rate. I'm trying to avoid realizing a long term capital gain, but at the same time trade the stock. If you close in the next year, one of two things will happen - either the stock will go down, and you'll have short-term gains on the short, or the stock will go up, and you'll have short-term losses on the short that will offset the gains on the stock.  So I don;t see how it reduces your tax liability.  At best it defers it."}
{"_id": "444414", "title": "", "text": "We have by far have the best standard of living. It has gone down recently because of the expanding Government but there is a reason everyone tries to live here and people aren't fleeing the country (despite threatening to do so after the election).   Our healthcare is poor for sure but that's because we haven't ever let the free market give it a shot."}
{"_id": "444438", "title": "", "text": "\"I didn't intend to say that everything the government does is unproductive, but a lot of it is.  The government may build a bridge or a road that everyone will get use from, but there will be a lot of unnecessary expense from that.  I worked at a government agency for some time, and that's a work that I'd like to forget. Like the day when I got a call from someone who would be doing a \"\"physical audit\"\" at the office where I worked. I proposed to send him a file with all our equipment listed, but he said he should do it in person.   Two guys came to my office, with clipboards and red pens. They went through the office, taking notes of every part number and serial number they could find.   At the end of the day, they had found that the fax machine serial number was wrong, two digits were transposed in the list I had.  Do you think it's really worthwhile to pay two people a day of work to find that a serial number in a fax machine is wrong? That's how the public sector works...\""}
{"_id": "444444", "title": "", "text": "The role of business investors differs greatly within different organisations. If you are starting a business or already have a small business, business investors can be a key tool to get your business of the ground. Business investors give money to small businesses or start-ups in exchange for ownership in a part of the company."}
{"_id": "444447", "title": "", "text": "\"New Zealand has a statute of limitations on debt of six years, twelve years if it is \"\"a debt acknowledged in a deed\"\" (probably not the case here). If you have had no contact with the bank for that time, the debt expires. If you got convicted of a crime in relation to the debt (e.g. fraud) then that would fall under a different statute of limitations, but a bank isn't going to bother doing that over $600, and the courts would probably not accept the case anyway.\""}
{"_id": "444461", "title": "", "text": "Oh it is ok. I was a little confused, because I tried to read up on future options and options as much as possible, and to still get question marks worried me. I mean to my knowledge, options can be traded as is without margin, while futures do need margin. If you are a starving artist, you can see the draw of not having to have margin to keep track of, but be able at the same time to learn about another market to trade in (commodities)."}
{"_id": "444466", "title": "", "text": "What is bad about this is the state of someones emergency ought to be in their own hands. If you are going to push the battery to its limits because you downright need it right now then it ought to be something I can do without Tesla deciding its an emergency they think is worthy."}
{"_id": "444477", "title": "", "text": "The problem is, you are trying to qualify for a loan that has a 25% down payment using money you don't have, which defeats the purpose of having a down payment. The best thing to do is have your parents buy the house for you. You then rent the house from them where your rent is equal to the mortgage + x. Your parents then put x into savings account for you and then once you have 25% in that account, they gift it to you and you purchase the house from them using that 25% as the downpayment for the mortgage."}
{"_id": "444480", "title": "", "text": "\"It seems that I recently saw someone post on twitter that Microsoft is making an unsupported \"\"Sunset\"\" edition of Money available.  If you're hooked on Money, you might want to investigate that.\""}
{"_id": "444486", "title": "", "text": "\"You can group your like-kind (same symbol, ST/LT) stock positions, just be sure that your totals match the total dollar amounts on the 1099.  An inconsistency will possibly result in a letter from IRS to clarify. So, if you sold the 100 shares, and they came from 7 different buys, list it once.  The sell price and date is known, and for the buy price, add all the buys and put \"\"Various\"\" for the date. If you have both long term and short term groups as part of those 7 buys, split them into two groups and list them separately.\""}
{"_id": "444502", "title": "", "text": "Chemtex Speciality Limited is India's one of the leading company for providing complete range of plant maintenance and treatment solution through high performance speciality chemicals. Based in the country\u2019s biggest eastern sea port, Kolkata, Chemtex Speciality Limited have been supplying to all over the globe since 1970. CSL has a considerable market share in India\u2019s speciality chemicals Industry. Our operations extends to a wide range of business sectors like retail, exports and manufacturing concerns for their warehouse and dispatch management.   Chemtex Speciality Limited is an ISO 9001 : 2008 certified company. CSL\u2019s office management and manufacturing setup has obtained CRISIL trust certification.  In service to the industry and trade since more than last four decades, Chemtex is proud to be a trusted business partner of more than 18000 customers worldwide. It offers excellent technical support and best supply chain management solutions for domestic and overseas trade. Chemtex offers more than 600 high performance chemicals that are majorly divided into the following categories."}
{"_id": "444505", "title": "", "text": "What happened here is pretty obvious: You were trying to sell 2000 shares and apparently didn't mark your order to permit partial execution.  While they had a buyer at 94.66 they didn't want 2000 shares.  Thus your order went unfilled."}
{"_id": "444511", "title": "", "text": "Most banks offer a college card that has low limits so you can start building credit. Another good option is to get a rewards credit card and do your everyday spending on it, then immediately turn around and pay it. I have seen people that just overpay their credit card just to use it like a debit card, all while earning credit and getting rewarded for it.  I work for a bank so I see this alot."}
{"_id": "444531", "title": "", "text": "It's a debt derivative.  Credit default swaps are contracts drawn up on a specific issue of a bond (in the case of single-name), or on a basket/index of a class of bonds (in the case of credit default index swaps/CDX).  When it comes to derivatives you would have to look at the underlying instrument.  For example, options on AAPL common stock are equity derivatives.  Forwards on corn or wheat are commodity derivatives.  Interest rate swaps where the floating leg is pegged to LIBOR are debt/rates derivatives."}
{"_id": "444540", "title": "", "text": "You're confused because the source you cite leaves out one number that isn't relevant to the argument they're making: total costs. The number you're expecting, $9 x 365 or $3285 is the total cost of buying the jewelry which, when subtracted from the $3650 sales volume gives us the net profit of $365.  The investment is the amount of money original put into a system our company. In this case the merchant bought his first piece of jewelry for $9, sold it for $10, took one dollar in profit and used the other 9 to reinvest by buying a new piece of jewelry. We can extend the analogy further. After 9 days of selling, the merchant will posses $18, allowing him to now buy 2 pieces of jewelry each morning and sell them for $20. Every day his costs will be $18 and he'll turn a $2 profit, all with the original investment of $9."}
{"_id": "444543", "title": "", "text": "Debit cards can be riskier than credit cards. That's why I personally avoid debit cards unless I have a very good reason to go that direction (e.g. HSA accounts).  To explain the risk, consider what happens if someone steals the card or number and starts using it: Credit card: You get a big bill, which you dispute and eventually get dismissed.   Debit card: Your bank account balance drops,  you don't have access to cash, and your checks start bouncing and you rack up bounced check charges with your bank and stores where you write checks. Eventually, you convince the bank it was fraud and they refund the money to your account. The big difference is that while it is going on you are out the money with a debit card, and with a credit card the BANK is out the money. The above scenario happened to my brother and it wasn't pretty. He was having to borrow money to pay his rent and groceries while the bank sorted it out."}
{"_id": "444546", "title": "", "text": "At the top result of the Google search, on the Google results page it's sumarized as applicable to every lender participating in FDIC: The terms\u00a0equal housing lender\u00a0and equal opportunity lender\u00a0are synonymous and refer to all banks insured by the Federal Deposit Insurance Corporation in the United States. Such banks are prohibited from discriminating on the basis of race, color, religion, national origin, sex, handicap, or familial status."}
{"_id": "444548", "title": "", "text": "\"I think you're talking about two types of machines, at least in the United States. The term change  machine usually refers to a machine that accepts large denominations of currency and returns an equal amount of currency in smaller bills or coins. Typically these machines are used to provide coins in exchange for paper currency, in which case they are also often known as bill changers. Exactly what bills or coins these machines return depends on the machine. Read the instructions on the machine to get the details (they're usually right on the machine). For example my apartment building has a machine that converts small bills like ones and fives to quarters, since the laundry machines only took quarters. The other type of machine are coin-cashing machines, like the Coinstar machines you might see at a grocery store. Many banks used to have these machines as well although in my area they're few and far between now. These machines perform the opposite function of the traditional change machine and convert smaller denominations (mostly coins) into bill form. For example if you dump all your accumulated pennies into the machine, it will probably give you bills and larger coins like quarters, dimes, nickels in exchange, after subtracting a small fee. I've heard that now, some of these machines may give you a gift card of some kind instead of bills, although they'll still subtract a fee from your original amount, usually. Once again just read the instructions and they should tell you. When my bank had one of these machines, they didn't charge a fee as long as you were a customer at the bank. I'm sure that varies from place to place and bank to bank though. Wikipedia's article has this to say (see the article for references): In some sections of the U.S., regional banks have begun offering free coin-counting services in the amount of a gift card. Refunds are often given in cash rather than in the form of a gift card. In some cases, it is not even necessary for the customer to have an account at the bank; the free service is offered as a way to attract new business from individuals who are not current account holders. TD Bank's \"\"Penny Arcade\"\" coin counters were free and available to both customers and non-customers in many branches, but as of November 2010, the bank charges a 6% fee for non-customers to use the machine.\""}
{"_id": "444562", "title": "", "text": "Do you realise that the examples you have given are for stock splits not for dividends, that is why the date payable is before the ex-date for the split. The payments for the split occur on 30th June and the first day the stock trades with the new split is on the next trading day, being the ex-date, 1st July."}
{"_id": "444568", "title": "", "text": "There are some great answers on this site similar to what you asked, with either a non-jurisdictional or a US-centric focus. I would read those answers as well to give yourself more points of view on early investing. There are a few differences between Canada and the US from an investing perspective that you should also then consider, namely tax rules, healthcare, and education. I'll get Healthcare and Education out of the way quickly. Just note the difference in perspective in Canada of having government healthcare; putting money into health-savings plans or focusing on insurance as a workplace benefit is not a key motivating factor, but more a 'nice-to-have'. For education, it is more common in Canada for a student to either pay for school while working summer / part-time jobs, or at least taking on manageable levels of debt [because it is typically not quite as expensive as private colleges in the US]. There is still somewhat of a culture of saving for your child's education here, but it is not as much of a necessity as it may be in the US. From an investing perspective, I will quickly note some common [though not universal] general advice, before getting Canadian specific. I have blatantly stolen the meat of this section from Ben Miller's great answer here: Oversimplify it for me: the correct order of investing Once you have a solid financial footing, some peculiarities of Canadian investing are below. For all the tax-specific plans I'm about to mention, note that the banks do a very good job here of tricking you into believing they are complex, and that you need your hand to be held. I have gotten some criminally bad tax advice from banking reps, so at the risk of sounding prejudiced, I recommend that you learn everything you can beforehand, and only go into your bank when you already know the right answer. The 'account types' themselves just involve a few pages of paperwork to open, and the banks will often do that for free. They make up their fees in offering investment types that earn them management fees once the accounts are created. Be sure to separate the investments (stocks vs bonds etc.) vs the investment vehicles. Canada has 'Tax Free Savings Accounts', where you can contribute a certain amount of money every year, and invest in just about anything you want, from bonds to stocks to mutual funds. Any Income you earn in this account is completely tax free. You can withdraw these investments any time you want, but you can't re-contribute until January 1st of next year. ie: you invest $5k today in stocks held in a TFSA, and they grow to $6k. You withdraw $6k in July. No tax is involved. On January 1st next year, you can re-contribute a new $6K, and also any additional amounts added to your total limit annually. TFSA's are good for short-term liquid investments. If you don't know for sure when you'll need the money, putting it in a TFSA saves you some tax, but doesn't commit you to any specific plan of action. Registered Retirement Savings Plans allow you to contribute money based on your employment income accrued over your lifetime in Canada. The contributions are deducted from your taxable income in the year you make them. When you withdraw money from your RRSP, the amount you withdraw gets added as additional income in that year. ie: you invest $5k today in stocks held in an RRSP, and get a $5k deduction from your taxable income this year. The investments grow to $6k. You withdraw $6k next year. Your taxable income increases by $6k [note that if the investments were held 'normally' {outside of an RRSP}, you would have a taxable gain of only 50% of the total gain; but withdrawing the amount from your RRSP makes the gain 100% taxable]. On January 1st next year, you CANNOT recontribute this amount. Once withdrawn, it cannot be recontributed [except for below items]. RRSP's are good for long-term investing for retirement. There are a few factors at play here: (1) you get an immediate tax deduction, thus increasing the original size of investment by deferring tax to the withdrawal date; (2) your investments compound tax-free [you only pay tax at the end when you withdraw, not annually on earnings]; and (3) many people expect that they will have a lower tax-rate when they retire, than they do today. Some warnings about RRSP's: (1) They are less liquid than TFSA's; you can't put money in, take it out, and put it in again. In general, when you take it out, it's out, and therefore useless unless you leave it in for a long time; (2) Income gets re-characterized to be fully taxable [no dividend tax credits, no reduced capital gains tax rate]; and (3) There is no guarantee that your tax rate on retirement will be less than today. If you contribute only when your tax rate is in the top bracket, then this is a good bet, but even still, in 30 years, tax rates might rise by 20% [who knows?], meaning you could end up paying more tax on the back-end, than you saved in the short term. Home Buyer Plan RRSP withdrawals My single favourite piece of advice for young Canadians is this: if you contribute to an RRSP at least 3 months before you make a down payment on your first house, you can withdraw up to $25k from your RRSP without paying tax! to use for the down payment. Then over the next ~10 years, you need to recontribute money back to your RRSP, and you will ultimately be taxed when you finally take the money out at retirement. This means that contributing up to 25k to an RRSP can multiply your savings available for a down payment, by the amount of your tax rate. So if you make ~60k, you'll save ~35% on your 25k deposited, turning your down payment into $33,750. Getting immediate access to the tax savings while also having access to the cash for a downpayment, makes the Home Buyer Plan a solid way to make the most out of your RRSP, as long as one of your near-term goals is to own your own home. Registered Pension Plans are even less liquid than RRSPs. Tax-wise, they basically work the same: you get a deduction in the year you contribute, and are taxed when you withdraw. The big difference is that there are rules on when you are allowed to withdraw: only in retirement [barring specific circumstances]. Typically your employer's matching program (if you have one) will be inside of an RPP. Note that RPP's and RRSP's reduce your taxes on your employment paycheques immediately, if you contribute through a work program. That means you get the tax savings during the year, instead of all at once a year later on April 30th. *Note that I have attempted at all times to keep my advice current with applicable tax legislation, but I do not guarantee accuracy. Research these things yourself because I may have missed something relevant to your situation, I may be just plain wrong, and tax law may have changed since I wrote this to when you read it."}
{"_id": "444581", "title": "", "text": "This. Best Buy doesn't sell cases of water...they are shrinkwrapped like this from the Coke distributor and meant to go in coolers by the registers and such. There was no price gouging here...hell, the price of the products might not even be set by Best Buy (they likely get a cut from Coca cola when they are actually sold).  But...they shouldn't have ended up on the floor like this in the first place, it just looks bad."}
{"_id": "444589", "title": "", "text": "\"EBITDA is in my opinion not a useful measure for an investor looking to buy shares on the stock market. It is more useful for private businesses open to changing their structuring, or looking to sell significant parts of their business. One of the main benefits of reporting Earnings Before Interest, Taxes, Depreciation & Amortization, is that it presents the company as it would look to a potential buyer. Consider that net income, as a metric, includes interest costs, taxes, and depreciation.  Interest costs are (to put it simply) a result of multiplying a business's debt by its interest rate. If you own a business, and personally guarantee the loan that the company has with the bank, your interest rates might be artificially low. If you have a policy of reaching high debt levels relative to your equity, in order to achieve high 'financial leveraging', your interest cost might be artificially high. Either way, if I bought your business, my debt structure could be completely different, and therefore your interest costs are not particularly relevant to me, a potential buyer. Instead, I should attempt to anticipate what my own interest costs would be, under my plans for your business. Taxes are a result of many factors, including the corporate structure of the business. If you run your business as a sole proprietorship (ie: no corporation), but I want to buy it under my corporation, then my tax rates could look nothing like yours. Or if we operated in multiple jurisdictions. etc. etc. Instead of using your taxes as an estimate for mine, I should anticipate my taxes based on my plans for your business. Depreciation / amortization is a measure that estimates how much of a business's \"\"fixed assets\"\" were \"\"used up\"\" during the year. ie: how much wear and tear occurred on your fleet of trucks? It is generally calculated as a % of your overall asset value. It is a (very loose) proxy for the cash costs which will ultimately be incurred to make repairs/replacements. D&A is also something which could significantly change if a business changes hands. If the value of your building is much higher now than when you bought it, I will have higher D&A costs than you [because I will be recording a % of total costs higher than yours], and therefore I should forecast my own D&A. Removing these costs from Net Income is not particularly relevant for a casual stock investor, because these costs will not change when you buy shares. Whatever IBM's interest cost is, reflects the debt structuring policy that the company currently has. Therefore when you buy a share in IBM, you should consider the impact that interest has on net income. Similarly for taxes and D&A - they reflect costs to the business that impact the company's ability to pay you a dividend, and therefore you should look at net income, which includes those costs. Why would a business with 'good net income' and 'good EBITDA' report EBITDA? Because EBITDA will always be higher than net income. Why say $10M net income, when you could say $50M EBITDA? The fact is, it's easy to report, and is generally well understood - so why not report it, when it also makes you look better, from a purely \"\"big number = good\"\" perspective? I'm not sure that reporting EBITDA implies any sort of manipulative reporting, but it would seem that Warren Buffet feels this is a risk.\""}
{"_id": "444590", "title": "", "text": "I was hoping to comment on the original question, but it looks to me like the asker lives in the EU, where credit cards are a lot less common and a lot of the arguments (car rental, building up of credit etc) brought forward by people living in the US just don't apply.  In fact especially airlines (and other merchants) will charge you extra when using a credit card instead of a debit card and this can add up fairly quickly. I hold a credit card purely for travelling outside the EU and occasionally I will travel for work and make my own arrangements, then it can come in handy as I am able to reclaim my expenses before I have to pay my credit card bill (in this case I will also claim the extra credit card fees from my employer). This however is for my personal convenience and not strictly necessary. (I could fill out a bunch of paperwork and claim the costs from my employer as an advance.) In the EU I find that if my VISA debit card will not work in a shop, neither will my credit card, so on that note it's pretty pointless. So to answer the asker question: If you live (and travel) in the EU  you don't need a credit card, ever. If you travel to the US, it would be advantageous to get one. Occasionally banks will offer you a credit card for free and there's no harm in taking it (apart from the fact that you have one more card to keep track off), but if you do, set up a direct debit to pay it off automatically.  And as other people have said: Don't spend money you don't have. If you are not absolutely sure you can't do this, don't get a credit card."}
{"_id": "444604", "title": "", "text": "He made a no-context vegan comment in a thread where no one was talking about diets or dietary ethics at all. I mean, you can check out his comment history. He's on some kind of pro-vegan comment bender right now."}
{"_id": "444609", "title": "", "text": "I wouldn't say better than most other cars. They are definitely comparable to Korean brands now and better than some American ones and they've improved immensely since the days when they were total knockoffs with terrible safety standards. But they're not anything special, imo."}
{"_id": "444620", "title": "", "text": "\"If the IRS changes your return in any way (including math errors) - they send a letter explaining the change and the reasons for it. You should read that letter, it will answer your question (Usually its a CP12 notice). If you didn't receive it - you can call them and ask to resend it (they're unlikely to answer over the phone, but you can try asking). I'm confused by your using the word \"\"estimate\"\". Your tax return is not supposed to be estimate, it supposed to be precise. Why are you considering your tax return \"\"estimate\"\"? If your filed tax return shows refund of $X and you received $X+$180 - then as I said, a letter of explanation from the IRS is due. If you don't know what the refund amount on your return is and you're trying to \"\"estimate\"\" it now - you better get a copy of that return.\""}
{"_id": "444624", "title": "", "text": "I've been doing this exact thing for almost 2 years using the Amazon app. What I don't understand is why they came out with this new app which scans barcodes or pictures to show you items on Amazon? This is already in the Amazon app. They're basically identical apps, why are there two apps, can I get the discount in the primary app or should I uninstall that and use this identical app now?"}
{"_id": "444637", "title": "", "text": "Putting debt out long means to borrow a sum of money paid back over a longer period of time than you could reasonably pay it back. It should be important to note that this advice only applies for fixed rate loans (meaning your rate can't change for the life of the loan without you explicitly changing it).  The logic is that if you can borrow money when interest rates are really low, there is a good chance you can find an investment that has a return higher than the interest rate on the loan. It also means that when/if interest rates go up in the future, a simple savings account may even have a greater return than your loans interest. The advice suggests to borrow over a long period so you are paying less interest per payment, and gives you time to find a proper investment without having to pay too much interest during that time."}
{"_id": "444640", "title": "", "text": "It is barely possible that this is Citi's fault, but it sounds more like it is on the Costco end.   The way that this is supposed to work is that they preauthorize your card for the necessary amount.  That reserves the payment, removing the money from your credit line.  On delivery, they are supposed to capture the preauthorization.  That causes the money to transfer to them.  Until that point, they've reserved your payment but not actually received it.  If you cancel, then they don't have to pay processing fees.   The capture should allow for a larger sale so as to provide for tips, upsells, and unanticipated taxes and fees.   In this case, instead of capturing the preauthorization, they seem to have simply generated a new transaction.  Citi could be doing something wrong and processing the capture incorrectly.  Or Costco could be doing a purchase when they should be doing a capture.  From outside, we can't really say.   The thirty days would seem to be how long Costco can schedule in advance.  So the preauthorization can last that long for them.   Costco should also have the ability to cancel a preauthorization.  However, they may not know how to trigger that.  With smaller merchants, they usually have an interface where they can view preauthorizations and capture or cancel them.  Costco may have those messages sent automatically from their system.   Note that a common use for this pattern is with things like gasoline or delivery purchases.  If this has been Citi/Costco both times, I'd try ordering a pizza or some other delivery food and see if they do it correctly.  If it was Citi both times and a different merchant the other time, then it's probably a Citi problem rather than a merchant problem."}
{"_id": "444654", "title": "", "text": "A revocable trust? Else the title would be his...vs recieving a gift that large. Make it a business investment like a holding company. And use the trust as agreement to shares."}
{"_id": "444661", "title": "", "text": "\"It's more like 2/3 content to 1/3 ads (though that's still unacceptable).  But to answer your question in terms of \"\"number of minutes of ads\"\", they kinda do.  Not really just for the logistics of filling the airtime, but those ads each pay less per minute due to lower ratings.\""}
{"_id": "444668", "title": "", "text": "\"You seem to have a little confusion over terminology that should be cleared up: You are calling this \"\"day-trading\"\" Day-trading is the term for performing multiple trading actions in a single day. While it appears that the COO has performed a buy and a sell on the same day, most people would consider this a 'single trade'. In reality, it seems that the COO had 'stock options' [a contract providing the option for the holder to buy stock at a specific price, at some point in the future], provided as part of his compensation package. He decided or was required to 'exercise' those options today. This means he bought the shares using his special 'option price'. It is extremely common for employees who exercise stock options, to sell all of the resulting stock immediately. This is very different from usual day-trading, which implies that he would have bought stock in the morning at a low price, and then sold it later at a high price. You are calling this 'insider trading'. That term specifically often implies some level of unethical behavior. In general, stock options offered to executive employees are strictly limited in how they can be exercised. For example, most stock option plans require employees to wait x number of years before they can exercise them. This gives the employee incentive to stay longer, and for a high-level executive with the ability to strongly impact company performance, it gives incentive to do well. Technically you are correct, this is likely considered an 'insider trade', but given that it seems to have been a stock option exercise, it does not necessarily imply that there was any special reasoning for why he did the trade today. It could simply be that today was the first day the stock option rules allowed him to exercise. As to your final question - no, these profits are the COO's, to do with as he likes.\""}
{"_id": "444679", "title": "", "text": "Based on your situation, I'm not sure it should be an either/or sort of choice.  The less debt you have the better, but because the HELOC is secured debt, the interest rate should be rather low.  If you're trying to build a cash cushion for emergencies, it may help to figure out a few things first: Once you know how much you want to save and how long it will take, you can figure out how much longer it would take of some of the savings were diverted to debt reduction. If your credit is good enough to get a HELOC in the first place, putting some of your cash-flow toward both goals is an option worth considering."}
{"_id": "444700", "title": "", "text": "The advice I would give is :-   1) if at all possible don't expose yourself to any situation where you would require a lawyer .  2) register the site windhavenpress.com ( or similar ) and put a redirect from windhaven.com .  3) make it very clear - which I'm sure you do - that it's for Windhaven Press .  4) don't put any phone number details . Just put an email contact form and supply your full details in response to contact emails .  5) ignore anything that is not for you ."}
{"_id": "444707", "title": "", "text": "How about a slightly different approach. Invest in a duplex or trip/quadplex. Live in one unit, rent out the rest. Chances are you'll end up either paying nothing in total, or even making money as your tenants pay your bills for you. Depends a lot on your area and your willingness to deal with the crap of tenants, but have a look into it. You'll be surprised what you can buy in your area and the types of people you might end up living with you..."}
{"_id": "444713", "title": "", "text": "I don't think so man...  I mean, don't get me wrong, my girlfriend is a contract worker, but they have some of the most amazing work environments that I have ever witnessed. Catering, telecommuting, free laptops, they have some of the happiest employees I've ever met. And they get paid a fair wage compared to other game companies *Cough*EA*Cough*"}
{"_id": "444716", "title": "", "text": "\"No, there's no justification for saying that the resource \"\"needs to be used in a way which is most productive\"\". That's not consistent with either capitalism (which does not take a moral stance, but observes that it goes to the highest bidder) or with social welfare (which is concerned with maintaining a reasonable rate of employment). And we were not discussing govt employment.\""}
{"_id": "444747", "title": "", "text": "Two of the main ways that investors benefit financially from a stock are dividends and increases in the price of the stock.  In the example as described, the benefits came primarily from dividends, leaving less benefits to be realized in terms of an increase in the value of the company. Another way to put that is that the company paid its profits to shareholders in the form of a dividend, instead of accumulating that as an increase in the value of the company.  The company could have chosen to take those profits and reinvest them in growing the business, which would lead to lower dividends but (hopefully) an increase in the valuation of the stock, but they chose to pay dividends instead.  This still rewards the investors, but  share prices stay low."}
{"_id": "444748", "title": "", "text": "\"I answered a similar question, How will going from 75% Credit Utilization to 0% Credit Utilization affect my credit score?, in which I show a graph of how utilization impacts your score.  In another answer to Should I keep a credit card open to maintain my credit score?, I discuss the makeup of your score.  From your own view at Credit Karma, you can see that age of accounts will help your score, so now is the time to get the right cards and stay with them.  My background is technology (electrical engineer) and MBA with a concentration in finance. I'm not a Psychology major. If one is undisciplined, credit can destroy them. If one is disciplined, and pays in full each month, credit is a tool.  The quoting of billionaires is a bit disingenuous. I've seen people get turned away at hotels for lack of a credit card. $1000 in cash would not get them into a $200/night room. Yes, a debit card can be used, but the rental car and hotel \"\"reserve\"\" a large amount on the card, so if you don't have a high balance, you may be out of town and out of luck.  I'll quote another oft-quoted guru: \"\"no one gets rich on credit card rewards.\"\" No, but I'm on track to pay for my 13 year old's last semester in college with the rewards from a card that goes right into her account. It will be great to make that withdrawal and not need to take the funds from anywhere else. The card has no fee, and I've not paid them a dime in interest.  By the way, with 1-20% utilization ideal, you want your total available credit to be 5X the highest monthly balance you'd every hit.  Last - when you have a choice between 2% cash reward, and the cash discount Kevin manages, take the discount, obviously.\""}
{"_id": "444749", "title": "", "text": "\"Any shares you buy when a company is listed on one market will remain yours if the company moves to another market. Markets and exchanges like AIM are just venues for dealing in shares - indeed you can deal in those shares anywhere else that will allow you as well as on the AIM. The benefit of being listed in a market is that trade in the shares will be more \"\"liquid\"\" - there's more likely to be people who want to buy and sell them at any given time. The bigger concern would be what happens if the company does badly and drops out of the AIM entirely. You'd still be able to sell your shares to any willing buyer, but finding that buyer might get harder.\""}
{"_id": "444750", "title": "", "text": "The word you're looking for is usury - the crime of lending money at rates above an amount set by law."}
{"_id": "444752", "title": "", "text": "There are not necessarily large shareholders, maybe every other Joe Schmoe owns 3 or 5 shares; and many shares might be inside investment funds. If you are looking for voting rights, typically, the banks/investment companies that host the accounts of the individual shareholders/fund owners have the collective voting rights, so the Fidelity's and Vanguard's of the world will be the main and deciding voters. That is very common."}
{"_id": "444758", "title": "", "text": "True, but these technologies are not siblings that need to be treated as equals out of a sense of fairness. Each industry will have their own technical and business challenges to overcome, and they will live in or or die by their ability to overcome these challenges."}
{"_id": "444776", "title": "", "text": "Govardhan is situated in the hilly terrain of the hill called Giriraj. This place has abundant tales of Lord Krishna as a child. According to the Vedas, the peak has descended from the heaven itself.So this is good place for trevelling  with  family, kids and couples."}
{"_id": "444781", "title": "", "text": "The fed has $2 trillion m0, and they loan out $1.9 trillion which then is eventually makes it way back to their banksagain, which they loan out another $1.8 trillion. The money goes to whoever they are loaning it to. The m0 is determined by the treasury directly printing 0's and 1s, and putting it into the Fed's bank which then they loan out. That's last part is what quantitative easing is.  In short, the treasurys at the top, then the fed, then the branch banks, then corporations then the executives then the middle/lower class. Generally. When the treasury prints the money it trickles down. Problem is the higher up in the tree the more purchasing power you have, the lower the less.  Comparing it to the spanish inquisition wouldn't be far off. Perhaps someday the government will let the people choose their own currency."}
{"_id": "444796", "title": "", "text": "If I had a business and was able to claim a feature, I would. It's simple marketing. If in fact, opting out helped your score, the site would promote that feature.  Soft pulls for prescreened offers are not counted. No more than my constant peek at my score through Credit Karma. Opt out, if you wish.  The benefit of course is less mail, which saves trees. Less risk of identity theft, someone can take the application and try to forge from there. Less risk of an infected paper cut opening this mail (don't ask.) I am a compulsive mail shredder, so I peek and these and shred. A year ago I received an offer of $30,000 zero interest, max transfer fee $50. I sent the entire sum to my 5% mortgage. Now I refinanced and paying that back. It saved me $1500 over the year. Too much trouble for some, but how long does it take to make $1500? For 40% of this country's families, that's a week's pay. The monthly extra bill didn't bother me. This last paragraph is an anecdote, not so much addressing question. I did that first."}
{"_id": "444812", "title": "", "text": "\"[What does the West hope to achieve in its showdown with Russia over Ukraine? An increasing number of articles have appeared recently arguing there is no long-term strategy and that the US and EU are being sucked into a destructive \"\"sanctions spiral\"\" that will only deepen the misery of Ukrainians, and is already beginning to hurt the wider economic recovery in Europe.](http://www.bne.eu/content/moscow-blog-west-has-no-end-game-plan-ukraine)  - Ben Aris in Moscow\""}
{"_id": "444817", "title": "", "text": "When our 20yo Sony Trinitron died I researched all the Audio/Video forums and the consensus was that Panasonic Plasmas have the best picture. When I went into the department store to buy one they had a Panasonic and a Samsung LCD on display right next to each other and the difference in quality was noticeable (Samsung was noticeably better). At the time I had never really considered Samsung to be any good, but the quality and sharpness of the Samsung is undeniable. It actually took me two days to get over my cognitive dissonance and buy the Samsung because up until then I was 100% determined to buy the Panasonic. They are also the only brand that I have seen with little to no artifacts. Samsung is this generations Sony."}
{"_id": "444819", "title": "", "text": "Welcome to finance.  Be someone's bitch for 40 years and there is a 1/2,000,000 chance you'll get your turn one day as you stand next to all your coworkers with your hands out.  The finance (and accounting) industry relies on underpaid grunts working 10 hours of overtime every week with no extra pay."}
{"_id": "444825", "title": "", "text": "Not really. The only degrees worthwhile are engineering, sciences, math, medical, and business (moreso accounting/tax), IMHO. Business offers diminishing returns as tuition increases and so does engineering, to a point.   If you're getting a degree in anything else, in-state tuition and working summers/while in school is a must.   You're better off learning a trade (plumbing, A/C, carpentry, electrician, construction, landscaping etc.) and, if you desire to make more money, strike out on your own than you likely are getting a marketing degree and thinking you're gonna be able to pay off debt when you're done with salary."}
{"_id": "444827", "title": "", "text": "\"If so then what? If thew overall accident rate is almost 50% higher than comparable vehicles *including* the purported marvels of \"\"autopilot\"\" (i.e. more or less what my new Toyota comes with) then when not using autopilot it is, what, 100% higher?\""}
{"_id": "444829", "title": "", "text": "The stock market exists for two reasons. It lets companies raise money to invest, and it lets company owners cash out and get money instead of part-ownership of a company when they are ready to do so. But to accomplish these goals effectively, it needs many more transactions than just those kinds of transaction, because you have to be able to find a buyer when you need one and to have a market price. So there are also a lot of transactions that are just to try to make short-term profit. But we need those transactions to provide the market liquidity to let the stock market work properly for its actual purposes."}
{"_id": "444835", "title": "", "text": "So who exactly is a slave in America? Who doesn't have a choice to live the life that they wish? Eat the foods they wish? Not have their children work in the fields until their hands, feet and back around sore, and not be able to take a break at anytime until their slave master say so? What women are being raped nightly by their slave master, and forced to carry their children to terms and then have said children enslaved? Who is getting a whipping (with and actual whip) for talking back to their master, or looking at a women who is not of their race or wanting to learn to read and right?   Who in America is currently a slave?"}
{"_id": "444854", "title": "", "text": "You haven't said why you think you will gain at $41, but the graph never lies. Take it one piece at a time: At $41, your stock will lose a big chunk of value.  Your short calls will expire.  Your puts will gain a bit of value.  The stock's loss outweighs the option gains."}
{"_id": "444871", "title": "", "text": "\"I'm glad you provided such convincing evidence of your ideological stance.   Go read something before you start throwing around ethics. Minimum wage laws are the most racist and discriminatory laws in the history of this country. They discourage employers from hiring young minority workers for being unqualified (because they're forced to go to subpar government-run schools) to work at an arbitrary rate, set by the government.  https://www.cato.org/publications/policy-analysis/negative-effects-minimum-wage-laws  Also FYI, for \"\"half the country spending everything make on rent is unacceptable\"\" is an impossibility in economics.\""}
{"_id": "444897", "title": "", "text": "The seller has a legitimate desire to know of your preapproval. I have two current anecdotes on this issue. As a realtor helping a client buy a home, I worked closely with buyer's bank, and got a pre-approval for the amount we were offering. When there was a counteroffer, and we were going to raise the price, the bank upped the numbers on the pre-approval letter.  I have a property of my own I am trying to sell. I had a negotiated price, P&S, but no pre-approval from the buyer. The buyer of his home couldn't get a mortgage, and so far, the deal has fallen through.  I agree with you, you don't want to signal you can afford more, nor show any emotion about how great that house is. That's just giving the seller a bargaining chip."}
{"_id": "444899", "title": "", "text": "With a $40,000 payment there is a 100% chance that the owner will be claiming this as a business expense on their taxes.  The IRS and the state will definitely know about it, and the risk of interest and penalties if it is not claimed as income make the best course of action to see a tax adviser. Because taxes will not be taken out by the property owner, the tax payer should also make sure that the estimated $10,000 in federal taxes, if they are in the 25% tax bracket, doesn't trigger other tax issues that could result in penalties, or the need to file quarterly taxes next year. This kind of extra income could also result in a change or an elimination of a health care subsidy. A unexpected mid-year  change could trigger the need to refund the subsidy received this year via the tax form next April."}
{"_id": "444910", "title": "", "text": "\"In most industries it's really hard to tell if Bob is in a minority or not. Why do people not subscribe after their x months of a free trial? How do you know that? The good thing about \"\"Bob\"\" is that he's willing to tell you the reason why *at least* one person fell out of the funnel. That's very valuable information.\""}
{"_id": "444911", "title": "", "text": "\"In the UK there are Premium Bonds, http://www.nsandi.com/. In simple terms these get you a \"\"raffle ticket\"\" for each \u00a31 you invest. Each month multiple tickets are drawn and they each win between \u00a325 and \u00a31m. Your capital does not go down but you aren't guaranteed to win. So you can't lose your money but there's potential to not make any either.\""}
{"_id": "444931", "title": "", "text": "\"If your spouse wishes to buy a car and finance it with a car loan, they are free to do so. Once they have bought a car, they are free to let you use it. However, if you are the owner of the car, the loan is going to have to be in your name. Your spouse can't get a loan backed by an asset they don't own. They could get a personal loan and then give the money to you, but the interest rates would likely be rather high. Also, even if you aren't on any of the paperwork, you being married likely will affect the situation. It will depend on what state you're in. If you want to go that route, one of the best ways to find out is to simply have your spouse ask the people that would be providing the loan \"\"Can I finance this separate from my spouse, or will they be included in the credit evaluation?\"\"\""}
{"_id": "444941", "title": "", "text": "\"This election only applies to payments that you make within 120 days of your having received loan money. These wouldn't be required payments, which is why they are called \"\"early\"\" payments. For example, let's say that you've just received $10,000 from your lender for a new loan. One month later, you pay $500 back. This election decides how that $500 will be applied.  The first choice, \"\"Apply as Refund,\"\" means that you are essentially returning some of the money that you initially borrowed. It's like you never borrowed it. Instead of a $10,000 loan, it is now a $9,500 loan. The accrued interest will be recalculated for the new loan amount.  The second choice, \"\"Apply as Payment,\"\" means that your payment will first be applied to any interest that has accrued, then applied to the principal. While you are in school, you don't need to make payments on student loans. However, interest is accruing from the day you get the money. This interest is simple interest, which means that the interest is only based on the loan principal; the interest is not compounding, and you are not paying interest on interest. After you leave school and your grace period expires, you enter repayment, and you have to start making payments. At this point, all the interest that has accrued from the time you first received the money until now is capitalized. This means that the interest is added to your loan principal, and interest will now be calculated on this new, larger amount. To avoid this, you can pay the interest as you go before it is capitalized, which will save you from having to pay even more interest later on.  As to which method is better, just as they told you right on the form, the \"\"Apply as Refund\"\" method will save you the most money in the long run.  However, as I said at the beginning, this election only applies if you make a payment within 120 days from receiving loan funds. Since you are already out of school and in repayment, I don't think it matters at all what you select here.  For any students reading this and thinking about loans, I want to issue a warning. Student loans can ruin people later in life. If you truly feel that taking out a loan is the only way you'll be able to get the education you need, minimize these as much as possible. Borrow as little as possible, pay as much as you can as early as you can, and plan on knocking these out ASAP. Great Lakes has a few pages that discuss these topics:\""}
{"_id": "444946", "title": "", "text": "\"I think you have a really good idea, kudos to it. It will be difficult to break eve, and while you stressed the fact that you are ready to part with this money, it would be interesting for you not to part with this money just for the sake of trading. You will be frustrated because you are \"\"winning\"\" and breaking even or even losing money in the process. Think about that. For somebody with limited experience the derivatives market carries a very high risk also as everything in this matters carries high or very high yield. Trading futures on margin can actually work but I think you will need a bit more money. Check the mini contracts of infinity futures and calculate the commissions. You will be paying more for a contract, yes. you will need more money for your maintenance margin, yes, but if you day-trade and you have a cheapo broker this will be substantially lower. Gold contracts pay about 10 to 1 so a mini contract of 33 ounces will pay you 33 dollars per 1 dollar move. Your commissions will be about 4/5 usd in a discount broker and you will need to pay some exchange house fees, maybe about 15% of your trade will be fees. Check the contract specs and costs. As somebody said before, they wouldn't recommend trading on margin but with an account of that side I wouldn't know anything else. Trading physical gold on margin could also be an option. Just my 2 cents.\""}
{"_id": "444953", "title": "", "text": "All the GS displays are absurdly cool, especially when viewed from an angle. I don't understand it. the Galaxy Nexus display is far better (though still not as good as the iPhone). It almost makes me think they are doing it on purpose; if they can produce this quality display for the GN, but they have stuck to the blue display of the GS for 3 generations, it has to be on purpose, right?"}
{"_id": "444962", "title": "", "text": "Many banks offer online payment. He can add a payee and just type your name and address in. The bank will mail the check out if they cannot deliver payment electronically. Edit: Recently I came across this (Citibank Global Transfer), you and your friend should see if your bank offers a similar service. Citibank requires both of you to have an account with them."}
{"_id": "444984", "title": "", "text": "I completely agree, I think anyone with half a brain could have seen this coming. I would guess their major expenses are product development.... But losing that much money that quickly AND having growth slow down is not a good position to be in"}
{"_id": "444994", "title": "", "text": "\"**[Corporate taxes suffocate growth](http://mises.org/daily/3024)**  Mises Daily: Wednesday, July 09, 2008 by Sterling T. Terrell  ........  Lower corporate taxes are associated with economic growth. This can be shown a priori and empirically.  A Priori  Corporate taxes reduce the profits of business owners. This is true because net income is reduced by the tax rate. For example, Firm X, with a $100 investment, earning a 7% return has an income \u2014 before taxes \u2014 of $7. With a 10% corporate tax rate, net income \u2014 after taxes \u2014 is $6.30. Firm X now has earned a 6.3% return. In contrast, a corporate tax rate of 40% reduces net income after taxes by $2.80 to $4.20, or a 4.2% after-tax return. **This rise in taxes, on the margin, reduces the profit-seeking incentive to take business risks. Why risk starting a biotech company when inflation-protected T-bill's will give you the same return? Entrepreneurs and venture capitalists less willing to take risk means less innovation and fewer innovative ideas being economically viable. This results in less economic growth. Conversely, higher returns on invested capital encourage investment and savings. All of this leads to more capital savings, more innovation, better technology, and higher wages.**  Further, the above example of Firm X is true if the firm does not have the pricing ability to transfer the tax to its customers. If the ability does exist, an increase in the corporate tax rate is really a tax on customers of the firm. In this case, consumers now have less to spend and save and the end result is the same.  Finally, a firm unable to pass on a tax increase or bear the reduced profit will either attempt to cut costs by reducing wages (among other costs) or be forced to go out of business.  **The main point is this: by definition, corporations do not pay taxes \u2014 people pay taxes. A corporate tax is either a tax on shareholders of the firm, customers of the firm, or employees of the firm. Less corporate tax means more innovation, capital savings, and spending by these groups \u2014 also known as economic growth.**  **Empirically**  After theory and logic tell us what is true, empiricism can confirm our result.  Thankfully, Professors Young Lee (Hanyang University) and Rodger Gordon (UC \u2014 San Diego) have done the work for us. In a 2005 journal article they concluded,  \"\"This paper finds that the corporate tax rate is significantly negatively correlated with economic growth in a cross-section data set of 70 countries during 1970\u20131997, controlling for many other determinants/covariates of economic growth.\"\"  More specifically, they continue, \"\"The estimates suggest that cutting the corporate tax rate by 10 percentage points can increase the annual growth rate by around 1.1%.\"\"[3]  Using these figures, Andrew Chamberlain of the Tax Foundation opines,  **\"\"by cutting the U.S.'s combined federal and average state corporate tax rate from roughly 40 percent to 30 percent we could boost U.S. economic growth by around 1.1 percent per year \u2014 enough to double our nation's wealth every 63 years.[4]\"\"**  **Even better, a cut from the actual corporate tax rate of 35% to a rate of 10% would double our nation's wealth every 30 years.**  **Life Savers moved production to Canada. Nabor Industries and Tyco International moved to Bermuda. Halliburton has announced a move to Dubai. In a globalizing economy, is it really a puzzle that firms prefer to operate in lower-taxing, less-regulated environments?**  These are examples of what can be seen. As Fr\u00e9d\u00e9ric Bastiat reminds us, however, it is imperative to also account for what cannot be seen. What would the wealth of our nation be today if the corporate tax rate had always been 10% or less? What creature comforts would have been innovated? What new technologies brought to market? What diseases cured?  Due to a history of high corporate taxes these answers are not known, and we are worse off because of it.  Sterling T. Terrell is a Ph.D. candidate in the department of agricultural and applied economics at Texas Tech University.\""}
{"_id": "445025", "title": "", "text": "Isn't it clear to everyone that something that isn't measured by economists yet is going horribly wrong in the US since they started with the debt bing? I know so many people with no savings whatsoever and just hanging on."}
{"_id": "445030", "title": "", "text": "front running does not mean what you think it means. Front running involves getting access to customer orders and trading for your own account ahead of them.   This is spoofing, or quote stuffing, which involves placing fake orders to induce other HFT algorithms to do stupid things you can exploit."}
{"_id": "445039", "title": "", "text": "\"Why are there so many stock exchanges in the world?  The simple answer is that there is a lot of money to be made by charging fees to facilitate the trading of securities, but there are other factors at play here relating to new technologies. Trading volumes have increased rapidly in recent years.  According to this ITG data, in 1997, 6.5 billion shares were traded on US exchanges.  By 2015 this number had increased to 40.8 billion shares.  There are a number of reasons for this rapid increase in volumes.  Most significant would be the introduction of new technologies that allow for high volume, high frequency trading. This increase in activity has be accompanied by an increase in the number of stock exchanges.  As CQM points out in his answer, there has been considerable consolidation in the ownership of \"\"legacy\"\" exchanges.  For example, the NYSE merged with EuroNext in 2007, and the combined group is now owned by the Intercontinental Exchange, which also owns numerous smaller stock exchanges as well as a number of derivative/commodities exchanges. However, this consolidation in ownership has been more than matched by the creation of many \"\"virtual\"\" exchanges.   In North America these virtual exchanges are called \"\"Alternative Trading Systems\"\".  In Europe, they are called \"\"Multilateral Trading Facilities\"\".   These new virtual exchanges, sometimes referred to as \"\"dark pools\"\", have begun to significantly eat away at the volumes of the legacy exchanges.  If you look at the ITG data (linked above), you will see that the total volume of shares traded on legacy exchanges actually peaked in 2008, and has since then has decreased.  This coincides roughly with the appearance of the virtual exchanges and the new high frequency trading methods.  According to this paper from the SEC site, dated 2013, Alternative Trading Systems accounted for 11.3% of total volumes in 2012.  This will have increased rapidly in the years since 2012.  It is this loss of business that has prompted the consolidation in the ownership of the legacy exchanges. These new exchange are \"\"conceptually the same\"\" as the legacy exchanges and must play by the same regulatory rules.\""}
{"_id": "445048", "title": "", "text": "We are the fastest when it comes to offering our customers attractive and generous bonuses and promotions at the malaysia trusted online casino. From the moment you sign up for GD2 ONE, we offer you generous bonuses. And that's not all. We offer a wide variety of bonuses that fit every player. Our years of experience endorse us as a highly valued online casino, so you can be sure that you are playing on the safest gaming platform in the industry."}
{"_id": "445052", "title": "", "text": "He has included this on Schedule D line 1a, but I don't see any   details on the actual transaction. It is reported on form 8949. However, if it is fully reported in 1099-B (with cost basis), then you don't have to actually detail every position. Turbotax asked me to fill in individual stock sales with proceeds and cost basis information. ... Again, it seems to be documented on Schedule D in boxes 1a and 8a. See above. I received a 1099-Q for a 529 distribution for a family member. It was   used for qualified expenses, so should not be taxable. Then there's nothing to report. I believe I paid the correct amounts based on my (possibly flawed) understanding of estimated taxes. His initial draft had me paying a penalty. I explained my situation for the year, and his next draft had the   penalties removed, with no documentation or explanation. IRS assesses the penalty. If you volunteer to pay the penalty, you can calculate it yourself and pay with the taxes due. Otherwise - leave it to the IRS to calculate and assess the penalty they deem right and send you a bill. You can then argue with the IRS about that assessment. Many times they don't even bother, if the amounts are small, so I'd suggest going with what the CPA did."}
{"_id": "445053", "title": "", "text": "To add a little to mhoran_psprep's answer, the clause in question is not binding in perpetuity but only for the duration of the construction loan.  I assume that you are getting the loan from a bank rather than through  the builder.  The way a construction loan works is that the bank  agrees to loan you a certain amount of money for you to pay the builder but you don't get the money upfront to hold  till the construction is complete, or to pay to the builder each month. Each month, or whenever a major phase of the construction is completed, the builder submits a request for payment of (say) $X to you stating what part of the  whole work has been completed and attaching lien waivers from all the subcontractors that did any part of the work that they have been paid in full.  It is up to you to verify  (for your own protection) that the work has in fact been completed and that the work is satisfactory.  If everything looks OK, you send the  request (together with the lien waivers) to the bank which sends its own home inspector to verify that the work has in fact been completed. After the inspector's OK, the bank pays the builder $X  (more commonly $0.95X or $0.9X) and gets a lien waiver from the builder in the amount of the payment.  At this point, the amount that you  owe the bank increases by the amount paid. This goes on till the  house is completed, the municipality or county issues a Certificate  of Occupancy (meaning that that august body is satisfied that  there are no building code violations etc. and the place is  habitable) and the penultimate request for payment is made. Penultimate because a good construction contract withholds  some amount (5% or 10%) of the money owed to the builder  for anywhere from three  months to a year to ensure that the builder will come back  and fix things that were done incorrectly but not noticed  till the house was lived in. (For example, one drywall nail had penetrated an electrical wire creating leakage. This was not discovered during inspection - flip the switch; light turns on? yes, so flip the switch back and move on - but when the light was turned on for three hours after the house was occupied, an electrical fire began inside the wall!)  So, after this settle-down period is over, the builder submits the final payment request and gives a final lien waiver to the effect that everything owed to him has been paid. It is during this period of time that the bank wants to make sure that you don't take on additional loans or debts, or make any material changes to the facts that the bank used in assessing your credit-worthiness and making the decision to loan you the money. Hence the clause that is causing you to worry.  Construction loans usually are at higher interest rates than regular mortgages so that once construction is complete, it is in your best interest to replace the construction loan (paying off its mortgage) with a regular home-owner loan and mortgage.  If you get the regular mortgage from the same bank, you might be able to get some of the fees waived while going to another bank will mean that appraisal fee, termite inspection fee, etc will have to be paid. But in either case, the prohibition against buying that Beemer will disappear; just don't take out that auto loan between the mortgage application and the closing on the regular mortgage as mhoran_psprep's buyer did!"}
{"_id": "445055", "title": "", "text": "You don't see the purpose of a personal home assistant that you can use voice commands to help make your life more convenient? I don't personally care for it but the concept of a home assistant having use to many people isn't really that foreign imo"}
{"_id": "445072", "title": "", "text": "I've tried to argue this to some close friends who bought homes, pre/post-crisis, if the crisis ever ended, they thought it was ridiculous. There is a clear fulcrum where renting makes more sense than buying, when appropriate inputs of data are entered into the model. I think Khan Academy did a good 10-minute run down on the subject and used a relatively good model, as well.   Further than that, I read the first few paragraphs and stopped reading, it was a commercial. I was shocked. The entire thing up till' 2 paragraphs in is literally a commercial.   The supposed 'antagonist', explicitly implied by the title isn't actually an antagonist, it's a click-bait commercial -article posing as a real article, (imitation), that actually might have some real science below the commercial, as you've indicated, but that part also sounds like junk finance; to sell the idea to consumers that they should in fact buy homes (instead of rent), and get loans from banks (preferably this one), and do anything to achieve that, if need be, even move in with their parents.   This financial institution appears to have a sophisticated public relations marketing team doing their commercials-posing-as-news campaign(s).   Very interesting to see the marketing beast morph itself into something so sophisticated, as to contain such clear imitation, junk science, and click-bait. I wonder what kind of penetration they are getting with this model, and what percentage of those see it for what it is.   I suppose that would be a big-data question, answerable through analytics."}
{"_id": "445076", "title": "", "text": "Ok, thanks for your explanation. This makes much more sense. I'm still confused on a few things though. Does the US government charge a higher fee to UPS and FedEx because they use a higher percentage of the traffic on us highways/freeways? Moreover, is the US government allowed to work out an exclusive deal with UPS to give them priority traffic (perhaps by selling them a tag that allows them to use the fast lane while others can't)? I recognize that the government is different than telecoms, but to stretch the metaphor imagine the freeways are owned by private business. Should private business be allowed to sell priority delivery on a system subsidized by taxpayers? A system that is subsidized primarily because an open neutral network provides a broader marketplace than a patchwork of privately owned roads/communication channels?   Also, doesn't Netflix have to pay significantly higher prices to get adequate upload speed to serve their customers? Shouldn't those fees cover the huge bandwidth they are using? (This is an honest question, I'm not informed on how data servers pay to connect to the internet.)"}
{"_id": "445078", "title": "", "text": "\"First you need a niche, edgy idea - like a coin that \"\"will be used\"\" for autonomous car taxi's, a crypto for indie game dev startups, an ico for UFC ppv fights .. or some crap  Then you make a fancy website, hire a few techies to copy the code from another coin, get into a few conferences, claim that Vitalik (the Eth founder) has backed your coin and voila - you have an license to print money\""}
{"_id": "445084", "title": "", "text": "As a European we would wholeheartedly welcome a voluntary reduction in US geopolitical influence. The ability of the United States to dictate terms to Europe on strategic and political matters is an anomaly that has been allowed to persist for far too long.      Luckily for the rest of the world the US public are at large grossly uninformed in matters of foreign affairs and don't realise the exceptional strategic positioning they were granted in the wake of the second world war. And they're in the process of ceding that power."}
{"_id": "445089", "title": "", "text": "This is a extremely complicated subject, but I assume you want a very simple answer (otherwise I'm not qualified to answer). The value of most currencies is closely tied to the economy of the county, so if China were to print a huge amount of yuan, then since the value of their economy has not really changed, the international currency markets would devalue the yuan to compensate. (This is rather like, if have shares in, say Apple, and they were to issue an extra billion shares, then the value of your shares would fall (by half), rather than for Apple to be suddenly be worth twice as much) Print too many notes and your currency basically becomes almost worthless, which is what happened to the Zimbabwean dollar. I like the idea of China skipping crate loads of actual yuan or dollars notes to America, but in practice, the borrowing is just a paper exercise, rather like an IOU. As to whether America owes Yuan or dollars, the answer is whatever has been agreed. Assuming the currencies are fairly stable, then since each country has more control over their own currency, it is natural for them to prefer their own currency. However, if America believes the value of the dollar will increase, they may prefer to pay back in Yuan (costing them less dollars), and if China believes the value of the dollar will decrease they may agree to that."}
{"_id": "445092", "title": "", "text": "I assumed he meant drugs put in water on purpose. No one who is really thinking about the issue is concerned about antibiotic use in livestock because there might be trace amounts left in the meat they consume... they're concerned because widespread overuse will create antibiotic resistant bacteria."}
{"_id": "445095", "title": "", "text": "Now, if you're still intrested, Mint.com works also for Canadian banks. Mint Canada"}
{"_id": "445099", "title": "", "text": "\"BobbyScon's answer really covers this, but perhaps isn't sufficiently explicit.  Reason 1 of the quotation is the largest, by far: Get an Immediate Tax Deduction, but Give Later: You get the tax deduction when the foundation is funded, then make your charitable gifts over time. Having a \"\"personal\"\" foundation means that you make donations whenever it is appropriate from a personal finance point of view, but then actually perform the charitable giving in a time that is convenient. So you fund the foundation on Dec. 31, say; that gets the money out of your hands, and out of your taxable income, for the prior tax year.  Then you're not required to do anything else with that money until a time and place where it's convenient to you. In many cases, they set it up not as a foundation but as a Donor Advised Fund.  These are of late becoming extremely popular among the wealthy, largely the ease of setting them up and the above. The other major advantage of a Donor Advised Fund is simplicity in tax season: you have exactly one charitable donation recipient, with one receipt (or one set of them if you donate over time).\""}
{"_id": "445103", "title": "", "text": "\"In fact, according to this [npr article](http://www.npr.org/sections/money/2012/07/19/157047211/six-policies-economists-love-and-politicians-hate), several economic professors assert that eliminating the corporate income tax is one of the mentioned policies that \"\"economists love\"\".  &gt; If companies reinvest the money into their businesses, that's good. Don't tax companies in an effort to tax rich people.  Business taxes discourage capital investments that would otherwise lead to long term productivity growth. As politifact even admitted, it would appear that economists agree that these tax cuts improves economic growth. Unfortunately Politifact has a history of being deceptive with their \"\"fact\"\" checking categorizations when in reality there is a significant amount of nuance to analyzing these types of political statements.\""}
{"_id": "445113", "title": "", "text": "Just by chance I recently encountered this link - Do It Yourself MFE, which describes an attempt to self-educate to the level of Master of Financial Engineering. It lists books, online courses, etc. which I think may be interesting for you too."}
{"_id": "445128", "title": "", "text": "Exactly.  The crowd with bibles in one hand and guns in the other were more paranoid under President Obama (mostly because he fed that paranoia), but fear of oppressive federal governments won't go away based on one election.  Heck, paranoia is an American tradition."}
{"_id": "445139", "title": "", "text": "Please be honest when you cite figures. A more complete picture is this:  Yes, 30% of new generating capacity (over last 5 years) has been wind  However, only 4% of the US power grid is supplied by wind  Meanwhile:  34% of US power generated is from natural gas   42% of total generating capacity is natural gas  Natural gas is an easy replacement for coal. Natural gas is just as affordable, reliable, and scalable, while releasing fewer pollutants into the air. As coal plants continue to shut down, natural gas plants are expected to be built to replace them. Wind farm production is theorized to remain relatively consistent (rate of construction will be minimally affected by coal plant decommissions).  Renewables all have cost, reliability, and scalability shortcomings. They are not an appropriate replacement for consistent sources (natural gas, coal, nuclear) until there is a reliable way to store the energy they produce. For now, renewable sources are far better served as supplements to others sources of electricity.   It is natural gas pushing coal out, with renewables playing a small role at the margins.  https://www.eia.gov/todayinenergy/detail.php?id=29732  https://www.eia.gov/todayinenergy/detail.php?id=30112  (These are both genuinely good. Not exciting, but good.)"}
{"_id": "445151", "title": "", "text": "How is having the government doing the audits any less problematic and with less conflicting interests than having private firms?  Some people tend to assume that the government is an angelic entity formed by people who have no self-interest, which has to be one of the most incredible fantasies ever. At least if private firms are doing it you can choose which one to believe and reputation through competition offers some guarantee."}
{"_id": "445163", "title": "", "text": "\"In the short term what does it matter if she has poor credit?  Just let it ride and focus on the important things. In the long term the most important part is \"\"completing the divorce\"\".  That is separating all parts of her financial life from her ex-husband.  This might mean she takes possession of the house and has him off the loan, or she gets off the loan and this may mean forcing a sale. If there are children or alimony involved she needs to build her income to the point that paying child support or alimony does not impact her budget.  If she is on the receiving end, then she should budget so those items are bonus money and not counted on. She is flat broke and does not need to worry about borrowing money at this juncture.  In this case a low credit score is a blessing.\""}
{"_id": "445179", "title": "", "text": "TLDR summary: Automation helps drive the economy rather than cause unemployment. Just look at the last 10 centuries (forgetting that the combination of information technology with automation started with the generation of milinials and has never been seen before in history.) And milinials are happy with their jobs even though they are replaceable because they have no kids, friends, or family to enjoy. Their low paying jobs and occasional vacations are all they have to enjoy."}
{"_id": "445185", "title": "", "text": "The economist is arguing that in the short term nothing will change, but in the long term Britain will be excluded from any future benefits. The treaty signed by the 23 countries is pretty wide ranging in its powers. It could develop to be a new European union not including Britain.  For now it looks like a good outcome for Britain; they stay within then free trade zone and free labour zone, but retain full control of their budget and regulations."}
{"_id": "445198", "title": "", "text": "Pro:  - Faces less redemption pressure and hence the Fund Manager can focus more on long term gains rather than immediate gains.  - Works well in emerging markets.  - Less churn out in case the market falls sharply, there by making more money in long run. Cons:  - No additional money to invest/take advantage of market situation.  - Less liquid for investor as he is locked in for a period."}
{"_id": "445204", "title": "", "text": "&gt; Just because people think that's how it should be doesn't make it correct.    But businesses aren't making any sort of normative statement, they are offering a position which is open to people who decide it's a reasonable exchange.    You on the other hand are arguing that some central authority, rather than the market, should decide on fair remuneration."}
{"_id": "445218", "title": "", "text": "There are so many companies listed in the Dubai business directory &amp;  UAE Business with email address. Database For Business is   supporting to the business database service to keep the secure business data. Now, you can get database service at the affordable price. It is specially designed for those people who want to get the best service at the lowest price, we also support them. We have a lot of database services for the user and also ensure that what's new business directory? Our professional team also offers a great database solution, basically our intention to provide a reliable Dubai companies list with email address and powerful information document. We are increasing the amount of database companies acquire and the complex database administration issues they face."}
{"_id": "445230", "title": "", "text": "sometimes we advise very old or incapacitated people to apply the refund to the next year as check writing from time to time & mailing may be a hassle for them."}
{"_id": "445258", "title": "", "text": "Well Company is a small assets company for example it has 450,000,000 shares outstanding and is currently traded at .002. Almost never has a bid price.  Compare it to PI a relative company with 350 million marker cap brokers will buy your shares.  This is why blue chip stock is so much better than small company because it is much more safer. You can in theory make millions with start up / small companies.  You would you rather make stable medium risk investment than extremely high risk with high reward investment  I only invest in medium risk mutual funds and with recent rallies I made 182,973 already in half year period."}
{"_id": "445263", "title": "", "text": "If you can qualify for two mortgages, this is certainly possible.  For this you can talk to a banker. However, most people do not qualify for two mortgages so they go a different route.  They make offers on a new home with a contingency to sell the existing home.  A good Realtor will walk you through this and any possible side effects. Keep in mind that the more contingencies in an offer the less attractive that offer is to sellers.  This is how cash buyers can get a better deal (no contingencies and a very fast close).  Given the hotness of your market a seller might reject your offer as opposed to first time home buyer that does not need to sell an old home.  On the other hand, they may see your contingency as low risk as the market is so hot.   This is why you probably need a really good agent.  They can frame the contingency in a very positive light."}
{"_id": "445264", "title": "", "text": "\"I think it will prove to be a futile attempt by Google BUT, I'm glad they are trying.  Competition is a good thing.  It will keep pushing Amazon to be better and better and not fall asleep at the wheel as so many \"\"monopolies\"\" end up doing.  I'm all in on Amazon:  AMZN stock, AWS, Amazon shopping, you name it!\""}
{"_id": "445285", "title": "", "text": "If *everyone* earned enough credits during the summer so they don't have to pay for their energy use in the winter then who is paying the people to produce the energy in the winter?  It's mathematically impossible for net metering (crediting people at the same rate they are debited for each unit of energy) to work when everyone is on it.  That's why a reduced credit (the same rate wholesale energy producers receive for their energy) is inevitable."}
{"_id": "445290", "title": "", "text": "The question states :- Our insurance company is offering a 30% discount on an $8200/year   commercial policy, if we install sprinklers. The insurance is paid in   two installments. ... This appears to mean six-monthly payments, so I'll make some comparison calculations using six-monthly loan repayments to keep things simple. Without the loan or sprinklers the insurance costs $4100 every six months. Using this loan payment formula, the calculation below shows, with the 30% discounted insurance, sprinkler maintenance and loan repayment, you would be paying $4655.28 every six months.  The discount required to break even is 43.5%.  I.e. rearranging the equation :-  Alternatively, with the discount of 30% you would break even if the six-monthly repayment amount was $1030.  Solving the payment equation for s gives an equation for the loan :-  So with the 30% discount you would break even if the loan required was $25989. Checking by back-calculating the periodic payment amount, a :-  Likewise we can keep the loan at $40000 and solve for t to find the break-even loan term :-  (Note, in this formula Log denotes the natural logarithm.)  Now we can set some values :-  So with break-even payments the $40000 loan is paid off in just under 65.5 years.  I.e. checking :-  This just beats the $4100 cost of proceeding without the sprinklers. Notes If your loan repayment was monthly it would reduce the cost of the loan slightly.  The periodic interest rate is calculated from the APR according to the method used in the EU and in some cases in US.  The calculations above were run using Mathematica."}
{"_id": "445297", "title": "", "text": "\"It isn't what you want to hear, but there really is no substitute for the CFA if you want to work in research. Fortunately, you don't need to have passed all 3 levels to make a jump. Plenty of people are able to move having only passed level 1 or 2.     If you really do want to end up in a more quantitative/data driven role, start learning R/Python &amp; looking into data science/machine learning/statistics. That said, you aren't going to magically become a data analyst over night. Learning VBA/Macros in excel may be more achievable, and is likely to help.  Alternatively, if you do want to be a \"\"thought leader\"\" with regards to macro/trends etc, a masters may be of use, but your mileage will likely vary.  Learning Bloomberg/Factset/Morningstar is unlikely to clinch you a role.\""}
{"_id": "445298", "title": "", "text": "\"AFAIK, there are two kinds of taxes your web freelancing income may be subject to in Quebec: On the income taxes:  The net income you realize from your web freelancing activities would be considered taxable income.  Assuming you are not operating as an incorporated business, you would need to declare the freelancing income on both your federal and provincial tax returns.  You should be able to deduct certain costs related to your business \u2013 for instance, if you paid for software, hosting, domain name registration, etc.  That is, only the profit from your business would be subject to income tax.  With income and expenses arising from self-employment, you may want to use a professional to file your taxes. On the sales taxes: You may also need to charge federal GST and provincial QST (Quebec Sales Tax) on your services:  You must enroll and charge GST and QST once you exceed the \"\"small supplier\"\" revenue threshold of $30,000 measured over four consecutive quarters.  (You can still choose to enroll for GST/QST before you reach that amount, but over that amount enrollment becomes mandatory.  Some businesses enroll before the threshold is reached so they can claim input tax credits for tax paid on expenses, but then there's more paperwork \u2013 one reason to perhaps avoid enrolling until necessary.) In Quebec, the Minist\u00e8re du Revenu du Qu\u00e9bec administers both GST (on behalf of the federal government) as well as provincial QST.  Be sure to also check out their informative booklet, Should I Register with Revenu Quebec? (PDF).  See also General Information Concerning the QST and the GST/HST (PDF).\""}
{"_id": "445300", "title": "", "text": "Legal Loan Singapore will be able to help you find good money lenders for your cash needs. Especially on the weekends when there are not many money lenders open. These money lenders will be able to help you with all your cash money. +65 6871 4268 to reach them.  To know more about us click here : https://www.legalloansingapore.com/best-moneylender-open-on-weekends/"}
{"_id": "445306", "title": "", "text": "Conceptually, the entries are:   Yes. And since you're the sole owner, your basis will equal to the equity balance on the balance sheet. Keep in mind the book and tax basis will probably be different, so you may want to keep a separate calculation to track the tax basis. There is no journal additional journal entry for this. If you're using bookkeeping software, be sure to research its book-closing/closing entries feature, as it is handled differently depending on the software. For example Quickbooks doesn't explicitly close its books, but re-computes the balance sheet dynamically depending on the selected date range."}
{"_id": "445314", "title": "", "text": "\"This is definitely a scam. My husband was inquiring with a \"\"company\"\" that was offering him to be. Representative for them. He got the same job details but the company was called Ceneo. I did due diligence and found that the real Ceneo has no problems receiving money directly from buyers around the world. The fake company mirrored their website, posted jobs on the net,hoping to \"\"employ\"\" unsuspecting people in the U.S. This is their reply to my husband when he asked the job details. DO NOT GET SCAMMED and held accountable for money laundering.\""}
{"_id": "445319", "title": "", "text": "I wish people stop blathering about cheap labor this and that. If that were the case, Japan, Germany, Korea, etc would follow the same trend as in US with declining manufacturing, instead of top global powerhouse and major exporter of manufacturing good.  Yes there are transition from low cost product, but as those 3 countries proved, they can move on and make higher end goods."}
{"_id": "445322", "title": "", "text": "I think you can do better than the straight indexes. For instance Vanguard's High Yield Tax Exempt Fund has made 4.19% over the past 5 years. The S&P 500 Index has lost -2.25% in the same period. I think good mutual funds will continue to outperform the markets because you have skilled managers taking care of your money.  The index is just a bet on the whole market.  That said, whatever you do, you should diversify. List of Vanguard Funds"}
{"_id": "445333", "title": "", "text": "\"&gt; She isn't asking for society to bear her burdens. She's asking for society to pay her a reasonable wage for her labor.  Asking society to implement a policy that will ultimately serve to harm more people*  &gt; So you read the article, but then chose to ignore all the arguments showing that this would not, in fact, ruin the economy?   Skimming through the article, I only saw one sentence that equated to \"\"no it wouldn't\"\". For the record, I would be  in favor of a scaled negative income tax.  &gt; Tell me - when drug companies hike the prices of essential medicine, do you also argue that it would \"\"ruin our economy\"\" or \"\"cause a lot more suffering\"\"? Or do you just shrug and go \"\"they're charging what the market will bear\"\"?  It would depend on the situation and why they were doing it, but generally speaking, I fucking hate the way that our drug industry is set up, for a whole host of reasons. I think it definitely harms more people than it helps.  &gt; Why is that for folks like you, it's always fine if companies raise prices; but if employees want a higher wage, it's an outrage?  Because you have created a group in your head that you are against, then you lump anyone that doesn't agree with you on other issues into that group without actually having a conversation to find out if they really do believe what you assume they believe. You know how conservatives will sometimes go, \"\"stupid liberals\"\"? Don't assume you're above making that same kind of generalization about other people. I understand why both sides do it, because it's entertaining to watch stupid people from the other side get interviewed and fail on issues that you agree with.\""}
{"_id": "445339", "title": "", "text": "If that is what you insist upon, don't use PayPal. This is one of the supposed justifications for the existence of cryptocurrencies"}
{"_id": "445341", "title": "", "text": "Kitchen Showroom in Udaipur http://kitchensdot.com/ Kitchens Dot Com which is situated in Udaipur is a preferable choice for most of the users to design a perfect modular kitchen. We select the only the vintage of ingredients to make your kitchen look as appetizing as the food you serve your loved ones. We design, deliver and install kitchens with proper planning and hassle free execution. We always first test our products for heavy domestic use and user friendliness then implement the kitchens."}
{"_id": "445348", "title": "", "text": "This calculation arrives at the correct answer.  However, it uses the formula for an annuity due.  This means the payments are made at the beginning of the month and the last month of the 10 year period has interest accrued. See the section, Calculating the Future Value of an Annuity Due. The rate is given as an effective rate. with  In Excel, =FV((1+0.12)^(1/12)-1,120,3500,0,1)"}
{"_id": "445350", "title": "", "text": "\"How do you get the words to show up in blue like that to lead you to something.  Also where can I go to learn how to make something a \"\"serious answers only\"\" Post. Basically... can you tell me where to learn the Reddit shortcuts... I'm relatively new to the platform.\""}
{"_id": "445353", "title": "", "text": "Your question has already been answered, you divide the amount of shares you own * 100% by the total amount of shares. However, I feel it is somewhat misleading to talk about owning a percentage of the company by owning shares. Strictly speaking, shares do not entitle you to a part of the company but instead give you a proportional amount of votes at shareholder meetings (assuming no funky share classes). What this means is that someone who owns 30% of a company's shares can't just grab 30% of the company's assets (factories, offices and whatever) and say that they are entitled to own this. What they actually own is 30% of the voting rights in this company, this means that they control 30% of all available votes when the company calls a vote on corporate actions, choosing a new director etc. which is how shareholders exert their influence on a company."}
{"_id": "445356", "title": "", "text": "Yeah, I've heard of actual people, like Jim-down-the-hall, making 1M due to those beautiful, god damned, golden handcuffs known as RSUs.  This was at a valley tech giant though, so common, no.  But in the realm of possibility without autism level natural abilities, yes."}
{"_id": "445366", "title": "", "text": "...a marketing guy who as a teenager invented a color cathode ray tube design that almost beat Sony to a patent on the Trinitron display. He also did a pretty good job foreseeing the mobile &amp; Internet revolution (in hindsight it doesn't seem impressive, but when you compare to what most other tech CEO's were thinking at the time, he was way ahead of most of them).  These notions we get about people we've never met...."}
{"_id": "445378", "title": "", "text": "\"I did a little research and found the eligible investments for TFSAs. In this document under heading \"\"Shares of private and other corporations\"\", sub heading \"\"Shares of small business corporations\"\" there is clause about owning less than 10% share and less than $25000 total value of the corporation. Generally, a connected shareholder of a corporation (as  defined in subsection 4901(2) of > the Regulations) at any time  is a person who   owns, directly or indirectly, at that time,  10% or more of the shares   of any class of shares of the  corporation or of any other corporation   related to the  corporation.    However, where   \u2022 such a person is   dealing at arm's length with the  corporation or any other related   corporation; and   \u2022 the aggregate cost amount of all shares of the   corporation  or any other related corporation the person owns, or is    deemed to own, is less than $25,000 that person will not be a   connected shareholder of the  corporation. For purposes of the 10%   and $25,000 tests, the rules in the  definition of \u00ecspecified   shareholder\u00ee in subsection 248(1)  apply with the result that certain   shares will be deemed to be  owned by the shareholder. For example, by   virtue of  paragraphs (a) and (b), respectively, of that definition,   an  annuitant, a beneficiary or a subscriber under a plan trust is    deemed to own the shares owned by a person with whom the  annuitant,   beneficiary or subscriber is not dealing at arm\u00eds  length, as well as   the shares owned by the plan trust.  In addition, any share that  \u2022 the annuitant, beneficiary, or subscriber under a plan trust;  or \u2022 a person not dealing at arm's length with any of the above  has a right to acquire is also included in the calculation of the  percentage and   cost amount of the shares held for purposes  of the 10% and $25,000   tests pursuant to subsection  4901(2.2) of the Regulations.\""}
{"_id": "445419", "title": "", "text": "At my company, we set up a secondary WiFi for cell phones/personal devices that is segregated from our primary network. And most people have two phones, a work phone and a personal phone (although you are allowed to use your work phone for personal calls). It's just being smart - if you quit or are fired and you've only been using your work phone, say goodbye to your contacts."}
{"_id": "445424", "title": "", "text": "&gt;does it have growth prospects?  Exactly this.  There's no reason to believe that Facebook will grow enough to support that price tag.  This is something that any company that becomes large relative to the market has to deal with.  Demand becomes limited by the size of the market.  Even after absorbing/destroying competitors there just isn't that much more room for growth.  Facebook's pricing will hopefully be a bit of a wake-up call.  We don't need another dotcom bust.  Facebook might be very valuable but you're kidding yourself if you think it is more valuable than a company like UTC for example."}
{"_id": "445438", "title": "", "text": "I'm travelling to the US soon and will transfer to a US $ account from either an \u20ac account or \u00a3 account. My dad recommends transferring \u20ac because it's strong at the moment compared to previously. The \u00a3 is weak compared to what it was, but still stronger than \u20ac. Which is the best option at the moment?"}
{"_id": "445439", "title": "", "text": "\"A key principle of economics is: Sunk costs are irrelevant. You bought the stock at 147 and it has now fallen to 144. That's too bad. This has nothing to do with whether it is wise or foolish to buy shares at 144. The only relevant thing to consider is: Do I expect the stock to go up or down from 144? You have lost $3 per share on the original buy. Buying more shares will not \"\"reduce your loss\"\" in any way. Suppose you bought 100 shares at 147. The price then drops to 144. You have lost $3 per share, or $300 total. You buy another 50 more shares at 144. The price stays at 144. So your average purchase price is now (147 x 100 + 144 x 50) / 150 = 146. So I guess you could say that your \"\"average loss per share\"\" is now only $2. But it's $2 x 150 shares instead of $3 x 100 shares. You still lost $300. You didn't reduce your loss by a penny. Maybe it made you feel better that you reduced your average loss per share, but this is just an arithmetic game. If you believe that the stock will continue to drop, than buying more shares just means you will lose even more money. Your average loss per share may go down, but you're just multiplying that average by more and more shares. Of course if you believe that the stock is now at an unjustifiably low price and it will likely go back up, then sure, buy. If you buy at 144 and it goes back up to 147, then you'll be making $3 per share on the new shares you purchased. But I repeat, whether or not you buy more shares should have nothing to do with your previous buy. Buy more shares if you think the price will go up from the present price; don't buy more shares if you don't think it will go up. The decision should be exactly the same as if you had never previously bought shares. (I'm assuming here that you are a typical small investor, that you not buying enough shares to have any significant effect on the market, nor that you are in a position to buy enough shares to take control of the company.)\""}
{"_id": "445445", "title": "", "text": "I know one of his 192,000 employees affectionately refers to him as 'Greedy Galen'. This family is a huge supporter of the right-wing think tank called The Frazer Institute. He's like the Canadian equivalent of Betsy DeVos, he is bent on undermining public education."}
{"_id": "445456", "title": "", "text": "It's always a good idea to check your credit history on a regular basis - try checking your credit score from one of the independent providers recently (like Equifax) ?  Maybe that will offer a clue what PayPal is doing."}
{"_id": "445458", "title": "", "text": "Dish is just as bad. After my initial 2 year program. They changed the line up of channels I got. I didn't mind the price went up about $15. But to get all the channels I had before I would have to go up 2 tier levels and that would cost another $30 a month. Only reason I stay is satellite has never gone out even in storms and high wind like my cable did."}
{"_id": "445461", "title": "", "text": "Limo Ground Transportation ( Limo Mia GT ) Miami Airport Limo Chauffeured transportation specialists for Miami Airport Limo Service and Fort Lauderdale Airport Limo, Miami AirportTransportation . Whether you are arriving or departing, We offer , clean vehicles and professional chauffeurs to make your travel experience sky high . Domestic and international travelers will be met by one of our professional chauffeurs, helped with their baggage and taken to their destination in a safe and timely manner in miami limo online booking its secure most reliable limo service in Miami. Cruise Port limo Transfer , Port of Miami and Port Everglades, Daily Private tour , Company Meetings, Roadshow , Executive meetings , Gator park Transportation. Miami Airport Car Services, Fort Lauderdale airport car service Sedan, Suv, Passenger Van Group and Party limos and limo rental.Business, groups, frequent travelers and families. Our dispatch team monitors all flight arrivals, departures and gate information to communicate any travel changes to our chauffeurs. Whether you are traveling alone or with a group, Limo Mia GT will safely get you and your guests to your destination on-time limousine &amp; limo service in miami.  We are Local limo company in located in south beach . Airport Car Service There is only one thing worse than an early morning flight and that is not getting enough sleep the night before because you were up worrying about whether your car service will be there to pick you up in the morning! With Limo Mia GT, rest assured that your car will arrive and be waiting for you, All Included Rates . Airport Limo Service Whether you need to pick up a guest or a client in style, or whether you simply want a classy ride to a house or hotel, Limo Mia GT from airports is the most luxurious means of transportation.There\u2019s nothing worse than enduring a long flight and landing at Miami, Fort Lauderdale only to wait in their notoriously long taxi line or waiting for ride-share. Make sure Limo Mia GT is there to pick you up when you land. No waiting time charge, Flight delay or cancel no worries no charge.  Point to Point Whether you need a ride to an important meeting, concert, or any other event, we will deliver on-time, high-quality service that exceeds all of your expectations.  Hourly as Directed Whether you are traveling for business or leisure, you can now travel in safe, with Limo Mia GT as directed and you can travel anywhere.  www.limomiagt.com"}
{"_id": "445488", "title": "", "text": "If we're talking about a very small business (I'm picturing an office with 10-15 employees), I wouldn't want to work in any small business environment where I was unwanted.  And for businesses that small it doesn't make any sense to try to legally force them to hire someone they don't want to work with everyday.  If I'm a non-white person, I wouldn't want to work somewhere where they're so racist they didn't want to hire me because of my skin color.  Actually I wouldn't want to work there as a white person either."}
{"_id": "445498", "title": "", "text": "Most companies only think to use their trade show display at a specifically targeted industry convention. While this is a great use for a trade show exhibit, you might be able to get a lot more from your stand if you think outside your industry's standard gatherings. Travel trade fair 2017 Delhi At Pragati Maidan can be one of them."}
{"_id": "445500", "title": "", "text": "Blupier Company is located in City of lakes Udaipur, Rajasthan. We are providing natural and high quality products. We are supplying our products outside India also like Russia, Middle East, Europe, China, UK and USA. We value our clients and fulfill their requirements and providing best quality products with We mainly focus on quality range of product.https://www.slideshare.net/blupierc/semi-precious-stone-slabs"}
{"_id": "445503", "title": "", "text": "You are starting from false premises built on politically driven economic theories. The reality does not square with anything that you just wrote.   The Fed is not necessary. It does incredible harm to the average guy. Fiat money and fractional reserve banking guarantee monetary collapse. You cannot continue to add debt at the bottom and cheap money at the top. Asset prices inflate and the average guy's standard of living goes down the tubes.   The idea that economics is hard science is ridiculous. In a smallish closed or partially closed system, formulas and equations can determine probable outcomes, in the infinitely complex economy of the modern world, the very idea that you can predict anything beyond general directions is absurd. And the general directions are not understandable without considering the human motivations that drive each of the billions of sentient actors involved.   But cleave to Samuelson, at least it can make you feel superior to think that you understand the pointless complexity"}
{"_id": "445507", "title": "", "text": "Which begs the question how do you weed out those that are poor at handling money or would waste it versus those that know what to do with it? Just throwing it in the wind to anyone seems wasteful. Are there qualifications? I didn\u2019t see that part."}
{"_id": "445518", "title": "", "text": "There are currently 2 2% cards that I am aware of. The Citi Double Cash Credit Card and the Fidelity 2% AMEX card. Good thread for Fidelity card is here.  And a good thread for the Citi card is here."}
{"_id": "445521", "title": "", "text": "UGMA and UTMA accounts are in the name of a single child(Your daughter), the funds are not transferrable to another beneficiary. There are strict rules governing UTMA/UGMA accounts. As a custodian, you do not own the assets in the accounts; the minor ultimately owns the asset, however, you can make certain withdrawals from the account to cover expenses for the benefit of the child, such as school fees, tutoring, computer equipment, etc. I'm not sure gifting some of the money to her other siblings will actually benefit your daughter who happens to be the real beneficiary."}
{"_id": "445526", "title": "", "text": "Options pricing is based on the gap between strike and the current market, and volatility. That's why the VIX, a commonly accepted volatility index, is actually just a weighted blend of S&P 500 future options prices.  A general rise in the price of options indicates people don't know whether it will go up or down next, and are therefore less willing to take that risk.  But your question is why everything underwater in the puts chain went higher, and that's simple: now that Apple's down, the probability of falling a few more points is higher. Especially since Apple has gone through some recent rough times, and stocks in general are seen as risky these days."}
{"_id": "445535", "title": "", "text": "\"I think all transportation uses only 1/3 of oil produced at best.  That includes many things that won't be electrifed soon, like planes and ships.  Don't forget how much oil agriculture uses in both fertilizer, pesticides and the least in running the equipment itself.  So while demand may soften over time, it's not like will suddenly glut.  Peak Oil (which we reached with \"\"conventional oil\"\" vs fracked) kinda says that each subsequent barrel will get more and more expensive to pump out (rather the popular perception we will suddenly run out).  That basically has been a truism since over a century, because ERoEI on oil has declined.  At peak return, iirc in the 1930s or so, we were getting something like 300 barrels of oil out for every barrel of energy invested on some fields in Saudi Arabia, now the overall average is down to around 10 or less?  Point is, oil won't go to $10.  Oil industry could not survive on it and they know we don't have alternatives for many oil uses (it's the most easily portable liquid with the highest energy concentration), so why price it as such?  If people really wanted to reduce their carbon/oil footprint, they'd stop pining for electric cars and switch to a plantbased diet - which will have a far greater impact for much less investment.  On top of all the health benefits they accumulate.\""}
{"_id": "445548", "title": "", "text": "\"Income is income... it depends how it's structured.. personal or corporate.. but still you need to pay taxes... if you get audited, the tax man could look at your bank statements and ask, \"\"where is this money coming from\"\"\""}
{"_id": "445549", "title": "", "text": "I guess Bitcoin are not that popular yet and hence there are no specific regulations. If currently it gets debated, it would be treated more like a Pre-Paid card or your Paypal account. As you have already paid taxes on the $$ you used to buy the Bitcoins there is no tax obligation as long as you keep using it to buy something else. The other way to look at it is as a commodity. If you have purchased a commodity and it has appreciated in value in future you may be liable to pay tax on the appreciated value. Think of it as a if you bought a house with the $$ and sold it later.   Once more serious trade starts happening, the governments around the world would bring in regulations. Till then there is nothing to worry about."}
{"_id": "445554", "title": "", "text": "&gt;I'm always amazed when people come to the defense of large corporations.  Here's the thing, Target hires employees, if Target were to shut down tomorrow (yes, I know it won't) then all of the people making their living through Target would be screwed. That's why I'm surprised there is so much hate directed at corporations. Sure, they do some nasty things, sure they're trying to make the largest profit possible, but they still pay thousands of peoples' wages, and if anything severely hurts Target as a corporation, those people are the ones will be affected the most."}
{"_id": "445557", "title": "", "text": "I just filled out a survey for my cable company.  I made it clear to them that their prices are a little higher, and their website sucks, but the fact that they have a call center based in the US and the call center is so well run is the only reason I stay with them.  The wait time is never more than a minute, and the people answering the phone are always pleasant and helpful.  I'm one of the lucky few Americans who has the luxury of more than one cable company in the area meaning the threat is not hollow."}
{"_id": "445573", "title": "", "text": "\"I think it would be worth it for you to look into something called a \"\"Self-directed IRA\"\" before you make any decisions. Sometimes the costs can be a little higher, but you may find the flexibility worth it. Basically, instead of being limited to a small set of mutual funds from which to choose, having the money in a self-directed IRA would let you branch out into real estate, gold, or other vehicles that aren't part of the usual 401K landscape. And count me as another vote for not taking the cash. MrChrister is right, there are plenty of other ways to pay that off without the penalty.\""}
{"_id": "445577", "title": "", "text": "It's true both ways.  One way is limited by technology and the other by misguided acceptance of the mafia.  I live my values.  I pity you that you do not understand the value of strategy.  You also know nothing of what I have done to welcome people to see the world as it is.  I pity you that you feel a need to support crimes."}
{"_id": "445582", "title": "", "text": "So I'm confused  - reading dhando investor - he says  Odds of receiving a $1 in 2009 and 30+ percent intrestest from 2002-2009 is -&gt; 50%  Odds of getting .19 back ( a loss of .11) -&gt; 45%  Odds of a loss of .24 is 2%  Odds of a total loss is 3%   He states Kelly criterion suggests 86% betting how!!!!! Bought the converts at .30 cents please explain no idea how he did this."}
{"_id": "445591", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://web.stanford.edu/~chadj/AI.pdf) reduced by 99%. (I'm a bot) ***** &gt; The share of factor payments going to capital is given by  and the long-run growth rate of y  Y /L is gy = g , 1&amp;minus;&amp;alpha; where g is the growth rate of A. An increase in automation will therefore increase the capital share  and, because of the multiplier effect associated with capital accumulation, increase the long-run growth rate.  &gt; 10 Can A.I. affect innovation and growth through potential effects it might have on 9  1&amp;minus;&amp;rho; &amp;middot;&amp;theta;+n  Substituting in for other solutions, the long-run growth rate of the economy is gy = , where 1&amp;minus;&amp;phi; n is the rate of population growth.  &gt; S&amp;macr;L1&amp;minus;&amp;alpha; 1&amp;minus;&amp;alpha; Kt Kt A\u02d9 t Kt&amp;beta; = S  1&amp;minus;&amp;phi; At At It is easy to show that these growth rates cannot be constant if  &amp;gt; 1.13 If the growth rates are rising over time to infinity, then eventually either gAt &amp;gt; gKt , or the reverse, or the two growth rates are the same.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70vurg/artificial_intelligence_and_economic_growth_by/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~212175 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **growth**^#1 **AI**^#2 **automation**^#3 **share**^#4 **capital**^#5\""}
{"_id": "445593", "title": "", "text": "Well, what you are asking is EMI, which comes to 30.78 in your case.  The formula you are applying is of compounding a value, which is completely different.  In EMI, person keeps paying money every month or any other period as specified. This amount is firstly allocated towards the interest for the period and the balance for principal amount. So, in effect principal keeps decreasing and subsequently interest thereon. Also, since, interest is getting paid every time it becomes due, compounding actually do not happen at all.  In the case of compounding, interest gets applied at certain interval, but do not get paid. So, in effect every time when interest gets applied, it applies on complete Principal outstanding as well as interest unpaid. Hence, this complete amount gets payable at the end. In this case, total amount payable is obviously high, because of 2 reasons: 1. Since, Principal gets unpaid during whole period, you are paying interest on complete amount for complete period.  2. You will be paying interest on interest (compounding of interest) since you are not paying it as it is becoming due. Hence, both are different. You need to find EMI calculator or EMI formula, to achieve your purpose. EDIT: The formula for calculating EMI: Assuming a loan of Rs. 1 lakh at 9 % per annum, repayable in 15 years, the EMI calculation using the formula will be: EMI = (1,00,000 \u00d7 0.0075) \u00d7 [(1 + 0.0075) 180 \u00f7 {(1+0.0075) 180 } - 1] = 750 \u00d7 [3.838 \u00f7 2.838] = 750 \u00d7 1.35236 = 1,014"}
{"_id": "445598", "title": "", "text": "It seems like you would want the work done that is necessary for society to be less expensive.  For instance, without food I am dead, so someone growing food is very important.  But if it takes up 100% of my income, then that means a society where the majority of people are growing food and doing nothing else."}
{"_id": "445611", "title": "", "text": "The tourists who go to that golf course will not be staying in Benton Harbor, they will be staying in the rich white neighboring town of St. Joseph and avoiding Benton Harbor at all costs (much like everyone else who lives in SW MI). There are a ton of politics behind this golf course, but I do believe Benton Harbor does get quite a bit of economic benefit from this course being on their property. They didn't want it in the first place, but it ultimately was built and now what's done is done.  One round of golf is out the ass expensive at $150/round for a non-resident during peak season."}
{"_id": "445624", "title": "", "text": "I supported my claims with research from pew.  You can ignore it and continue to parrot Trump talking points or you can look at it and make the connection.  I\u2019m not going to hold your hand.  It\u2019s not my problem if you\u2019re too stupid to understand the implications of the data I linked.    You may not have voted Trump but you do a great job parroting his talking points.  Were you also the type of person saying both sides are the same during the election.  You clearly have very nuanced views..."}
{"_id": "445635", "title": "", "text": "This would be a nice Raspberry Pi project for Mathematica, which comes bundled free on the Raspbian OS. You can program it up and leave it running.  It's not expensive and doesn't use much power. A program to monitor stock prices or volume could be written as simply as :-  This checks the volume of trades of Oct 2014 US crude oil futures every 30 seconds and sends an email if the volume jumps by more than 100. The financial data in this example is curated from Yahoo.  If specific data is not available or not updated frequently enough, if you can find an alternative online data source it's usually possible read the data in.  For example, this is apparently real-time data :- {Crude Oil, 92.79, -0.67, -0.71%} After leaving the above program running while writing this the volume of trades has risen like so :-  Edit I just set this running on a Raspberry Pi.  I had to use gmail for the email setup as described in this post: Configuring Mathematica to send email from a notebook.  Anyway, it's working.  Hope I don't get inundated with emails. ;-)"}
{"_id": "445639", "title": "", "text": "Highest priority compared to what?  Obviously priorities should be repaying debt in the order of interest percentage. Which means among your debts, the mortgage likely comes last. Trying to get a better mortgage deal however has a huge priority.  And if you have a choice between wasting money and paying off the mortgage, the mortgage should have higher priority."}
{"_id": "445652", "title": "", "text": "The limits on an HSA are low enough that there's no real danger of overfunding it.  The limits max out at (as of 2011, for an individual) at just over $3000 per year.   Sometime in the next few years, you will have more than $3000 in health care expenses.  It might be something like a car accident, acid reflux, a weird mole that the doctor wants to check out, a broken toe, a few nasty cavities that need to be filled, an expensive antibiotic, or something else entirely.  Or, it might be something less dramatic, getting eaten away by copays and contact lenses. When that happens, you want the peace of mind that you can pay for your deductible plus any other expenses.  Keep in mind that even a $5000 deductible can cost you more than $5000 out-of-pocket; either because of non-insured expenses, or simply an illness that straddles multiple calendar years. Besides, it's not like your HSA money is going anywhere; even if you never touch it, it's just a savings account that you can't touch until you turn 65.  And if you do truly have an emergency, you can get at it if you have to. Even if your HSA is filled with several years' worth of deductibles, it's still a way to shield thousands of dollars a year from taxes, with luck moving them into lower-tax years 40 years from now.  And it's a way that doesn't involve income limits or mandatory withdrawals."}
{"_id": "445655", "title": "", "text": "If I were you, I would pay off my student loans today or tomorrow.  Wouldn't it be nice to be completely debt free and not owe anyone anything?  It doesn't matter what the interest rate of the loan is; there is no need to spend anymore time trying to worry about whether or not the market will allow you to make a tiny bit extra over what you are spending in interest on the loan.  Just get rid of the debt, and you will get to keep every bit of the growth of your investments from here on out. After the student loans are paid off, that leaves you with $15k.  I would take $10k and put it in a savings account for an emergency fund, and put $5k as a start toward your retirement savings in a Roth IRA. At this point, with a fully funded emergency fund, a start on your retirement savings, and no debts, you have really set yourself up for success.  Learn how to budget your income so that you spend less than you make and can save up toward goals like a car (paid for in cash) and a down payment on a house."}
{"_id": "445680", "title": "", "text": "From an India Tax perspective, someone may add the US aspect; As you have given your Father-In-Law [FIL] some money, and do not have loan documents, the amount your FIL has repaid will be treated as GIFT to you. Gift Tax by Father-In-Law to Son-in-Law is 100% tax free and there is no limit of amount. The funds can be got into NRO account and not in NRE account. There is limit of USD 125,000 that can be reptriated outside India. Refer the RBI Q&A 56"}
{"_id": "445682", "title": "", "text": "Company that solves no problem whatsoever, just a middle man sucking a % of the value chain.  It's Netflix, without the contents, but with the ads. https://twitter.com/idontg1veafu/status/913395877250785280  The streaming service is minimal (90M revenue), while the hardware selling (which btw is non-recurring, a l\u00e0 gopro) is trending lower.  Avoid.   Watch it for a short if your broker has the shares available and it rips higher and can't make new highs.  At $35 within a week, I'd probably initiate a short position"}
{"_id": "445688", "title": "", "text": "\"A lawyer might be overkill for recovering a judgment.  Do a google search for \"\"judgment recovery service\"\" in your area.  They specialize in what you're trying to do. The service will charge you a fee (usually 10%) for any monies recovered.  What happens is that you assign the right to collect on the judgment to the service, and their staff can run with it from there.  Whoever you contract with will get as much information as possible about your ex-husband: employment, businesses, and so forth.  This information can be used to have levies issued by the state, wage garnishment and so forth.  There is no given timetable for how long it takes. If your ex is indigent, it would be hard to collect by way a recovery service or an attorney, because you can't collect what he doesn't have.\""}
{"_id": "445690", "title": "", "text": "US bank deposits over $10K only need to be reported to FinCEN (Financial Crimes Enforcement Network- a bureau of the US Department of Treasury) if the deposits are made in cash or other money instruments where the source cannot be traced (money orders, traveler checks, etc). Regular checks and wires don't need to be reported because there is a clear bank trail of where the money came from. If your family member is giving you money personally (not from a business) from a bank account which is outside of the US, then you only need to report it if the amount is over $100K. Note, you would need to report that regardless of whether the money was deposited into your US bank account, or paid directly to your credit cards on your behalf, and there are stiff penalties if you play games to try to avoid reporting requirements. Neither deposit method would trigger any taxable income for the scenario you described."}
{"_id": "445693", "title": "", "text": "\"Sending your money off to do the heavy lifting is just a stylish way to say \"\"investing\"\".  He is saying hold back 6 months of living expenses and don't invest it.   Keep it in cash or some cash-like investment (genuinely safe and liquid).  It's good basic solid advice you'll also get from Dave Ramsey, Suze Orman and any financial advisor worth a darn.    While this is good advice, that does not mean all of his advice is good.  A classic con-man trick is to tell you three things you know are true, mixed with a lie they want you to believe.  They want you to think \"\"I know 3/4 are true so the fourth probably is too.\"\"\""}
{"_id": "445694", "title": "", "text": "&gt; The business pretty clearly laid out what it expects out of its employees, and what it expects is illegal.  That isn't what I got from the article at all.  Their *sales* practices are publicly Christian, but not their hiring practices.  All of the illegal things they did with regard to hiring this applicant were done in private, during the interview process."}
{"_id": "445722", "title": "", "text": "Better suited to /r/personalfinance, but you definitely owe the money. Unless you had something in writing that they were going to send a bill to a certain address, it's your responsibility to pay. Hell, even if you did have something in writing that said they'd send the bill somewhere else it's still your responsibility to pay even if the bill doesn't show up. You know you owed them money.  When your parents didn't get the bill, you should have called the company to ask about it. It's your responsibility to follow up since you're the one that owes the money.  What did you think would happen when you went 5 months without paying $312 that you knew you owed?"}
{"_id": "445731", "title": "", "text": "The biggest advantage to small business owners paid in cash is not that it might save the 2 or 3 percent that would go to the credit card company.  The biggest advantage is that they have the opportunity to keep the transaction entirely off the books and pocket the cash without paying income tax or sales tax, especially when no receipt is given, or when it's a service instead of a product being sold, or when it's an approximately-tracked inventory unit going out the door.  Although it's illegal, it's widely done, and it's also often a temptation for employees to try and get away with doing it too."}
{"_id": "445739", "title": "", "text": "\"How/when does my employer find out? Do they get a report from their   bank stating that \"\"check 1234 for $1212.12 paid to John Doe was never   deposited\"\" or does it manifest itself as an eventual accounting   discrepancy that somebody has to work to hunt down? The accounting department or the payroll company they use will report that the check was not deposited. The bank has no idea that a check was written, but the accounting deportment will know.  The bank reports on all the checks that were cashed. Accounting cares because the un-cashed check for $1212.12 is a liability. They have to keep enough money in the bank to pay all the liabilities. It shouldn't be hard for them to track down the discrepancy, they will know what checks are outstanding. Can my employer punish me for refusing the money in this way? Do they   have any means to force me to take what I am \"\"owed?\"\" They can't punish you. But at some time in the future they will will tell their bank not to honor the check. They will assume that it was lost or misplaced, and they will issue a new one to you.  When tax time comes, and I still have not accepted the money, would it   be appropriate to adjust my reported income down by the refused   amount? You can't decide not to report it. The company knows that in year X they gave you a check for the money. They are required to report it, since they also withheld money for Federal taxes, state taxes, payroll taxes, 401K, insurance. They also count your pay as a business expense.  If you try and adjust the numbers on the W-2  the IRS will note the discrepancy and want more information. Remember the IRS get a copy of every W-2.  The employer has to report it because some people who aren't organized may not have cashed a December check before the company has to generate the W-2 in late January. It would confuse everything if they could skip reporting income just because a check wasn't cashed by the time they had to generate the W-2.\""}
{"_id": "445745", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://uk.reuters.com/article/uk-britain-economy-idUKKBN1AJ0ZV) reduced by 77%. (I'm a bot) ***** &gt; &amp;quot;Firms&amp;#039; prospects for the coming year have slipped to a level which has previously been indicative of the economy stalling or even contracting ... largely reflecting heightened uncertainty about the economic outlook and Brexit process,&amp;quot; said Chris Williamson, IHS Markit&amp;#039;s chief business economist.  &gt; A rise in inflation to a near four-year high - largely driven by the fall in the pound since last year&amp;#039;s referendum - has prompted a minority of BoE policymakers to call for a reversal of last year&amp;#039;s cut in interest rates.  &gt; Prime Minister Theresa May unexpectedly failed to win an outright majority in a parliamentary election in June, and with less than two years before Britain leaves the European Union, her party has yet to agree a clear set of negotiating goals.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6rc2bx/britain_experiencing_sluggish_economic_growth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~182238 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **year**^#1 **economy**^#2 **since**^#3 **Britain**^#4 **June**^#5\""}
{"_id": "445770", "title": "", "text": "If the correction results in you owing them money, you typically just need to pay them the appropriate amount. I believe they charge back-dated interest on the amount if it was supposed to have been paid in the past, but if it's for this year's taxes then payment isn't due until the end of April and so interest would not apply. In some circumstances, they may apply fines or press charges for tax evasion, but only if they have reason to believe you intentionally/knowingly attempted to misrepresent your tax return in order to avoid paying taxes. You can challenge their decision to fine you, but you are considered guilty until proven innocent. Obviously that's the opposite for any criminal charges. The good news is, lots of people accidentally enter the wrong numbers and the CRA is aware of this and rarely takes action against them, other than making them pay what they owe. They have ways to look for suspicious behavior and differentiate that from innocent mistakes. So don't worry, you should be fine, not fined."}
{"_id": "445771", "title": "", "text": "Changes in implied volatility are caused by many things, of course, and it is tough to isolate the effect you are describing, but let's try to generalize for a moment. Implied volatility is generally a measure of how much expect uncertainty there is about the future price of the stock.  Uncertainty generally is higher in periods including earnings announcements because it is significant new information about the company's fortunes can make for significant changes in the price. However, you could easily have the case where the earnings are good and for some reason the market is very certain that the earnings will be good and near a certain level.  In that case the price would rise, but the implied volatility could well be lower because the market believes that there will be no significant new information in the earnings announcement."}
{"_id": "445782", "title": "", "text": "The 20%+ returns you have observed in the mutual funds are not free money.  They are compensation for the risk associated with owning those funds.  Given the extraordinarily high returns you are seeing I would expect extremely high risk.  This means there is a good possibility of extreme losses at some point.  By putting a lot of money in those mutual funds you are taking a gamble that may or may not pay off. Assuming what your friend is paying you for rent is fair, you are not losing money on your house relative to the market.  You are earning less because you are invested in a less risky asset.  If you want a higher return, you should borrow some money (or sell your house) and invest in the market.  You may make more money that way. But if you do that, you will have a larger chance of losing a lot of money at some point.  That's the way risk works.  No one can promise a 20% return on a risky asset, they can only hint that it may do in the future what it did in the past. A reasonable approach to investment is to get invested in lots of different things: stocks, bonds, real estate.  If you are afraid of risk and willing to earn less, keep more money in safe assets.  If you are willing to take big risks in exchange for the possibility of high returns, move more assets into risky stuff.  If you want extreme returns and are willing to take extreme risk, borrow and use the money to invest in risky assets. As you look over investment options, remember that anything that pays high returns most likely has high risk as well."}
{"_id": "445789", "title": "", "text": "The mechanism is allowing insertion of 3 butyl rubber seals in the window between the frame and the opening sash. It has an external seal, mid window, and inner seal. Due to its constructional make-up many non-tilt turn manufacturers are limited to one or two seals."}
{"_id": "445794", "title": "", "text": "Florida Dream Management offers vast selection of luxury homes for your disney vacation in Orlando. Whether you rent your home out or not, our property management company will ensure you will arrive in Florida knowing that your vacation home or villa has been well maintained in your absence."}
{"_id": "445813", "title": "", "text": "I believe he was recommended by one of the investors. After digging a little deeper, it seems the person who invested the most (I believe they own 40%) has his wife doing the taxes and paperwork. We've tried to get them to show us the paperwork and they always seem reluctant. They claim that they're not getting anything either, but they're more of a mutual partner that was introduced to us by the third investor. Basically I invested with a friend, who introduced a third investor (who bought in at the majority). I think it was my friend who knew this manager and hired him due to a past relationship they had. For more insight, my friend actually owns another 2 bars that are quite successful, but it seems he's completely not invested in this one despite owning 30%."}
{"_id": "445814", "title": "", "text": "Ding ding ding ding ding!  Too bad Reddit doesn't understand banking, investment, or business. You've implied that the banks might not actually be acting out of intense malevalence toward the little guy, thus, your post will be drawn, quartered, and banished to the wastes of downvote."}
{"_id": "445831", "title": "", "text": "Reading through the details makes it sound even worse.    &gt;Iliad estimates it will be able to save about $2 billion annually by cutting out costs such as sending paper bills      Come on, you can't seriously pretend to offer cell plans for $3 per month while citing cutting out paper bills as a cost savings measure. Where are you getting your infrastructure? Right now it's owned by the big players, so you either spend a fortune leasing bandwidth or spend an even larger fortune laying out your own infrastructure.  Instead, this guy plans to buy T-Mobile, who already has contracts in place. Except they are already being acquired by Sprint, so good luck with that, Mr. No Experience in the US Market.   This feels like the same sort of hubris that US companies have when they think they can expand overseas. It doesn't work for US companies because of a fundamental lack of understanding of the US market, and it looks like this guy suffers from the same knowledge deficit"}
{"_id": "445846", "title": "", "text": "As 'anonymous' already mentioned, I think the correct answer is to go see an accountant. That said, if you are already have to fill in a tax return anyway (ie, you're already a high rate taxpayer) then I don't see why it should be an issue if you just told HMRC of your additional profit via your tax return. I never was in the situation of being employed with a side business in the UK, only either/or, but my understanding is that registering as self employed is probably more suitable for someone who doesn't PAYE already. I might be wrong on this as I haven't lived in the UK for a couple of years but an accountant would know the answer. Of course in either case, make sure that you keep each an every scrap of paper to do with your side business."}
{"_id": "445868", "title": "", "text": "You can take the money back out of a 529 plan if you end up not having enough educational expenses to use it on. The penalty is 10% of the earnings (you don't pay a penalty on the principal). You can also open a 529 in any state, not just the one where you reside. The minimums and fund selection for each state can vary widely, so it makes sense to look around and see if there's a state with a fund selection you like."}
{"_id": "445869", "title": "", "text": "I was hesitant to answer this question since I don't own MLP even though I'm aware of how they work.  But hear crickets on this question, so here goes.  I'll try to keep this as non technical as possible. MLPs are partnerships where a shareholder is a partner and liable for the partnership's taxes.  MLPs don't pay corporate tax since the tax burden flows to you, the shareholder. So does that mean like a partnership the partners are liable for the company's actions?  Technically, yes. Has it happened before? No. Of course there are limitations to the liability, but are not definitely shielded in a way normal shareholders are.   MLPs issue a K-1 at the beginning of the year (feb/mar).  The tax calculations are relatively complex and I'm not going to go over that in this post. Generally MLPs are a bad choice for tax-deferred accounts like IRAs since there are tax implications beyond certain limits of distribution (yes even out of an IRA you'll have to pay taxes if above the limit). Not all types of businesses can become MLPs (hey no corporate tax, let's form an MLP!) Only companies engaged in businesses related to real estate, commodities or natural resources can become MLPs.  There are a number of MLPs out there.  The largest is Kinder  Morgan Energy Partners. Hope this helps!"}
{"_id": "445887", "title": "", "text": "\"I'm a little confused on the use of the property today.  Is this place going to be a personal residence for you for now and become a rental later (after the mortgage is paid off)?  It does make a difference. If you can buy the house and a 100% LTV loan would cost less than 125% of comparable rent ... then buy the house, put as little of your own cash into it as possible and stretch the terms as long as possible.  Scott W is correct on a number of counts.  The \"\"cost\"\" of the mortgage is the after tax cost of the payments and when that money is put to work in a well-managed portfolio, it should do better over the long haul.  Don't try for big gains because doing so adds to the risk that you'll end up worse off. If you borrow money at an after-tax cost of 4% and make 6% after taxes ... you end up ahead and build wealth. A vast majority of the wealthiest people use this arbitrage to continue to build wealth.  They have plenty of money to pay off mortgages, but choose not to.  $200,000 at 2% is an extra $4000 per year.  Compounded at a 7% rate ... it adds up to $180k after 20 years ... not exactly chump change. Money in an investment account is accessible when you need it.  Money in home equity is not, has a zero rate of return (before inflation) and is not accessible except through another loan at the bank's whim.  If you lose your job and your home is close to paid off but isn't yet, you could have a serious liquidity issue. NOW ... if a 100% mortgage would cost MORE than 125% of comparable rent, then there should be no deal.  You are looking at a crappy investment.  It is cheaper and better just to rent.  I don't care if prices are going up right now.  Prices move around.  Just because Canada hasn't seen the value drops like in the US so far doesn't mean it can't happen in the future.  If comparable rents don't validate the price with a good margin for profit for an investor, then prices are frothy and cannot be trusted and you should lower your monthly costs by renting rather than buying.  That $350 per month you could save in \"\"rent\"\" adds up just as much as the $4000 per year in arbitrage. For rentals, you should only pull the trigger when you can do the purchase without leverage and STILL get a 10% CAP rate or higher (rate of return after taxes, insurance and other fixed costs).  That way if the rental rates drop (and again that is quite possible), you would lose some of your profit but not all of it.  If you leverage the property, there is a high probability that you could wind up losing money as rents fall and you have to cover the mortgage out of nonexistent cash flow. I know somebody is going to say, \"\"But John, 10% CAP on rental real estate?  That's just not possible around here.\"\"  That may be the case.  It IS possible somewhere.  I have clients buying property in Arizona, New Mexico, Alberta, Michigan and even California who are finding 10% CAP rate properties.  They do exist.  They just aren't everywhere. If you want to add leverage to the rental picture to improve the return, then do so understanding the risks.  He who lives by the leverage sword, dies by the leverage sword.  Down here in the US, the real estate market is littered with corpses of people who thought they could handle that leverage sword.  It is a gory, ugly mess.\""}
{"_id": "445901", "title": "", "text": "It's amateurish to expect Facebook to do anything other than what Zuckerberg wants. His shares give him control over the company. This was known before the IPO. People that thought he would change and take actions that would benefit them, instead of himself are learning an expensive lesson."}
{"_id": "445918", "title": "", "text": "It's investment 101. The holding co Piney seeks investments in sports and entertainment facilities and the arena was under foreclosure. So they got it at a good price. The Chicago Blackhawks success only motivates the next generation to skate. So there is a consumer base. If there is a creative focus with experienced management... then they can really turn profits."}
{"_id": "445929", "title": "", "text": "It's not the concept of patents that is a failure.  It's the application of them.  The Copyright Clause of the U.S. Constitution states that Congress may grant exclusive production rights to authors and inventors **for a limited time**... in order to **promote science and art**.  It was supposed to protect people who put a large investment of time and resources into developing something.  It wasn't the *idea* that was supposed to be protected \u2013 it was the *investment* in developing the idea.  That is not how intellectual property is used today.  Companies have instructed politicians to change the laws so that they can use intellectual property rights to maximize profits and monopolize industries.  There was never any problem with the concept of patents.  The problem lies with government.  As long as businesses are allowed to legally bribe politicians, the laws will be altered to favor those businesses."}
{"_id": "445930", "title": "", "text": "Household debt as a percentage of disposable income rose from 68% in 1980 to a peak of 128% in 2007, prior to dropping to 112% by 2011.  The typical American family's income has fallen every year since 2007 by 2011 it had fallen back to 1997 levels.   So where is the money going to come from to pay off all this new debt?"}
{"_id": "445939", "title": "", "text": "There's two types of categories at play that define currency types - but I think the first is more like what you are after.  The first is there are essentially three currency types now recognised - see them described here: http://finance.mapsofworld.com/money/types/ The second is currencies can be categorised by the type of economy from which they are generated (reserve/commodity/etc) - see them described here: http://www.forextraders.com/learn-forex-trading-course/major-currency-pairs.html"}
{"_id": "445942", "title": "", "text": "The low payroll does help. Keep that in mind next time you see someone working at walmart, especially if you see they're doing a pretty good job. They aren't getting paid a whole lot to do it.   Also it's interesting to note that I didn't know a single one of us who didn't put a very large portion of our paychecks back into the store. Walmart has it pretty good with their associates... associates just don't always get a fair shake.   Part time gets health insurance after a year tho... and it's not too expensive... doesn't cover a whole lot but it will get you into the doc and 4 dollar scrips from the pharmacy don't hurt either."}
{"_id": "445943", "title": "", "text": "\"Supply and Demand, pure and simple! There are two basic forms of this - a change in the quantity demanded/supplied at any given price, and a true change in the amount of demand/supply itself. Please note that this can be distinct from the underlying change in the value of the company and/or its expected future cash flows, which are a function of both financial performance and future expectations. If more people want the stock that are willing to sell it at a given price at a given point in time, sellers will begin to offer the stocks at higher prices until the market is no longer willing to bear the new price, and vice versa. This will reduce the quantity of stocks demanded by buyers until the quantity demanded and the quantity supplied once again reach an equilibrium, at which point a transaction occurs. Because people are motivated to buy and sell for different reasons at different times, and because people have different opinions on a constant flow of new information, prices change frequently. This is one of the reasons why executives of a recent IPO don't typically sell all of their stock at once. In addition to legal restrictions and the message this would send to the market, if they flooded the market with additional quantities of stock supplied, all else being equal, since there is no corresponding increase in the quantity demanded, the price would drop significantly. Sometimes, the demand itself for a company's stock shifts. Unlike a simple change in price driven by quantity supplied versus quantity demanded, this is a more fundamental shift. For example, let's suppose that the current demand for rare earth metals is driven by their commercial applications in consumer electronics. Now if new devices are developed that no longer require these metals, the demand for them will fall, regardless of the actions of individual buyers and sellers in the market. Another example is when the \"\"rules of the game\"\" for an industry change dramatically. Markets are behavioral. In this sense prices are most directly driven by human behavior, which hopefully is based on well-informed opinions and facts. This is why sometimes the price keeps going up when financial performance decreases, and why sometimes it does not rise even while performance is improving. This is also why some companies' stock continues to rise even when they lose huge sums of money year after year. The key to understanding these scenarios is the opinions and expectations that buyers and sellers have of that information, which is expressed in their market behavior.\""}
{"_id": "445962", "title": "", "text": "Lol that's ridiculous, Bezos is super rich because of loss leading and predatory pricing.   He's been criticized ever since he founded Amazon.    It's amazing, between this and the Jeff Sessions thing it's evident that redditors will defend anyone as long as they criticize trump every once in a while."}
{"_id": "445968", "title": "", "text": "Anything front office related. If you start in backoffice chances are you will never move out of there. Mid office (risk reporting, compliance and trade supervision) are better in that regard.  Try applying for an associate in training or some type of capital markets rotation program."}
{"_id": "445971", "title": "", "text": "\"Back-testing itself is flawed. \"\"Past performance is no guarantee of future results\"\" is an important lesson to understand. Market strategies of one kind or another work until they don't.  Edited in -- AssetPlay.net provides a tool that's halfway to what you are looking for. It only goes back to 1972, however. Just to try it, I compared 100% S&P to a 60/40 blend of S&P with 5 yr t-bills (a misnamed asset, 5 yr treasuries are 'notes' not 'bills') I found the mix actually had a better return with lower volatility.  Now, can I count on that to work moving forward? Rates fell during most of this entire period so bonds/notes both looked pretty good. This is my point regarding the backtest concept.  GeniusTrader appears more sophisticated, but command line work on PCs is beyond me. It may be worth a look for you, JP. ETF Replay appears to be another backtest tool. It has its drawbacks, however, (ETFs only)\""}
{"_id": "445994", "title": "", "text": "Yes, you can do what you are contemplating doing, and it works quite well. Just don't get the university's payroll office too riled by going in each June, July, August and September to adjust your payroll withholding! Do it at the end of the summer when perhaps most of your contract income for the year has already been received and you have a fairly good estimate for what your tax bill will be for the coming year. Don't forget to include Social Security and Medicare taxes (both employee's share as well as employer's share) on your contract income in estimating the tax due. The nice thing about paying estimated taxes via payroll deduction is that all that tax money can be counted as having been paid in four equal and timely quarterly payments of estimated tax, regardless of when the money was actually withheld from your university paycheck. You could (if you wanted to, and had a fat salary from the university, heh heh) have all the tax due on your contract income withheld from just your last paycheck of the year! But whether you increase the withholding in August or in December, do remember to change it back after the last paycheck of the year has been received so that next year's withholding starts out at a more mellow pace."}
{"_id": "446001", "title": "", "text": "My suggestion would be to keep it. The value of a new car is that you get to drive it around when it's still new and shiny, and that you know its history. If you maintain it in good condition, both mechanically and cosmetically, then you can have both of those benefits for the life of the car. Your question merges the old car sale and new car purchase transactions together, but that's not correct. The value of your 2010 car has no relationship to the value of any new car you might buy, except incidentally through the market forces that act on each. The car dealership is likely to be skilled at making you feel like your most important criteria are satisfied, but they will try to construct the deal to maximize the money you pay them while making you feel like you're the one maximizing your value. Also note that the dealership cannot give you maximum value for your car, because it costs them money to sell it and they take all the risk. Some of the difference between typical direct-sale and trade-in prices is the commission you are paying them to both sell it for you and absorb the risks in the transaction."}
{"_id": "446005", "title": "", "text": "It might surprise you to know dear cute Nikki is actually  Nimrata Randhawa  An Indian American, and she comes forward to push the Agenda of the Indians long lost cousins, when Moses told them to fuck off following the worshiping of the Golden calf issue.  Seems to me, there is very little that America does that is on its own Agenda, every thing seems to be about the Jews?  What does America want for America?"}
{"_id": "446008", "title": "", "text": "It's a different ballgame when you have to fly regularly too. It's all well and good suffering through 4 hours when you have a vacation in Vegas or New York waiting for you, but when it's work on both ends, and you have to do it again and again and again, I don't see how anyone could remain sane."}
{"_id": "446024", "title": "", "text": "Just the opposite, if you can, offer all prices! Make a premium product, and regular one, a lite version, and so on. Capture all price points.  The premium version's price gives you anchoring so your less expensive product will appear cheap even if it isn't.  This also gives users an upgrade path so the way to full price is baby steps."}
{"_id": "446026", "title": "", "text": "I just went through all of your recent posts, and I've determined that you're probably the most helpful person ever. Thank you for your excellent contributions. You are a gentleman and a scholar, and I hope to grow up to be like you some day."}
{"_id": "446040", "title": "", "text": "&gt;[**\u0422\u043e\u043f \u043f\u043b\u0430\u0442\u044f\u0449\u0438\u0445 \u043f\u0440\u043e\u0435\u043a\u0442\u043e\u0432! \u041a\u0430\u043a \u0431\u044b\u0441\u0442\u0440\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435! \u0421\u0430\u0439\u0442\u044b \u043f\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0443 2017 [3:06]**](http://youtu.be/OdmYMjNmCb8)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435, \u043a\u0430\u043a\u0438\u0435 \u043f\u0440\u043e\u0435\u043a\u0442\u044b \u043f\u043b\u0430\u0442\u044f\u0442. \u0422\u0430\u043a \u0436\u0435, \u0435\u0441\u0442\u044c \u043f\u0440\u043e\u0435\u043a\u0442, \u0432 \u043a\u043e\u0442\u043e\u0440\u043e\u043c \u043c\u043e\u0436\u043d\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^4 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "446059", "title": "", "text": "\"There are two places to start, the spending side and the income side. Many (in the personal finance blogosphere) have pointed out that frugal has its limits. You can only live so cheaply, eat so little, turn the heat down so much.  Your income and your wife's income has no limit. Not to put this all in her lap, but why isn't she working? Between the two of you, there are hundreds of things you can consider doing that will generate a few hundred dollars a week extra income.  You said \"\"we can live fairly comfortably paycheck-to-paycheck and routinely put some money into savings,\"\" but you are still paying off debt, and don't have the emergency fund to handle the routine things that come around on a regular basis. The difference between breaking even, and making extra money, is the ability to fund that account. It's important to have a defined plan to pay the remaining debt, and build your fund in as short a time period as you can.  As Bren stated, you need to plan for the unexpected. I don't know what appliance will go this year or what day it will break, I just know something will happen and I have the funds to pay for it. The extra income is vital to a workable plan.\""}
{"_id": "446070", "title": "", "text": "Si vous pr\u00e9voyez d'acheter un cong\u00e9lateur, il est absolument important de s'asseoir et d'\u00e9laborer un plan financier. Ce n'est pas g\u00e9nial mais le cong\u00e9lateur id\u00e9al, juste pour d\u00e9couvrir que vous ne pouvez pas g\u00e9rer le co\u00fbt de celui-ci. prenez place et r\u00e9fl\u00e9chissez si l'efficacit\u00e9 \u00e9nerg\u00e9tique est vital pour vous. Pour certains individus, l'efficacit\u00e9 \u00e9nerg\u00e9tique est l'une des plus importantes parmi les variables les plus imp\u00e9ratives pour acheter n'importe quel type d'appareil, qu'il s'agisse d'un po\u00eale, d'un micro-ondes ou d'un cong\u00e9lateur."}
{"_id": "446078", "title": "", "text": "\"Except the list of exceptions seems to be growing and growing.   You can only go bankrupt once, and certain loans are exempt from bankruptcy anyway.  Want to level the playing field?  Make CEO's responsible too for \"\"certain debts\"\" like payroll.\""}
{"_id": "446099", "title": "", "text": "First decide if the best route is to distribute as a middle man (eg.land an Amazon or Walmart contract), or to distribute it through yourself (your own company).   Is it more profitable to form your own corporation or have the mother company establish a international entity in N.A? (fees apply but they could be minuscule to your projected margins(eg.$5000 fee to open up a market of $1,000,000+ GP))  If you decide you want to establish your own means of distribution, you will have to decide if your going to build physical locations or do online distribution.   Depending on what the product or service your providing, you generally have more possibilities and opportunities with online market.   You can run an online website, incorporate an online store that accept online payments, and shipping products for less than $5000 a year. (Monthly payments for the services provided, excluding any shipping/import costs)  This would be done with the means of website hosts such as GoDaddy, or retail hosts like Shopify."}
{"_id": "446101", "title": "", "text": "\"I tried to read a couple of articles, most are behind a paywall.  Hopefully you'll forgive me for thinking the whole page looked like a bunch of corporate propaganda- an entire page of \"\"here's why everyone is wrong about us\"\" with formatting from the early 2010s.   Maybe you can walk me through this.   You've got thousands of mathematicians and engineers who could be designing something useful instead spending time accomplishing nothing except for fractionally beating each other at trading \"\"paper\"\" assets.   Similarly you have construction crews that could be expanding internet capability, instead laying cable some guys can signal trades sooner than other guys.  The positions HFTs hold are so short, they can't possibly be benefiting from the actual overall change  in value of the underlying assets, which happens over the course of months, not microseconds.  So the only possible returns come from \"\"taking\"\" someone else's value.   I'm not making a moral judgement, here I'm pointing out that there's no net benefits to society.\""}
{"_id": "446114", "title": "", "text": "\"I would phrase it this way: if someone needs costly procedures, especially for conditions they caused themselves, then, yes, those procedures will not be covered, and they are not covered in all National Healthcare systems in the world.  It's immoral to cover a liver transplant for a drunk or extended hospitalization for an obese person while an old lady cannot get an aid to stay independent in her home because it's not covered in the medical insurance.  And I have no issue if the ACA will be repealed before a replacement is put in place. This will be the fastest way to get a replacement.  It seems to me that you are not familiar with how National Health Care systems work, and so I will give you personal example, of my aunt, covered by the excellent national healthcare in Israel. And I mean it: it's one of the best National Health Care systems in the world.  Her hips locked suddenly and she had to have a hip replacement. \"\"No problems!\"\" said the doctors: \"\"You will get hip replacement, totally covered by the insurance\"\". \"\"But, you have to wait 3 months for that.\"\" So my aunt said \"\"But I got supplemental private medical insurance\"\" (every one smart in Israel who can afford it get that.) \"\"Why didn't you tell us?\"\" asked the doctors, \"\"you will have the hip replacement done next week, with better parts.\"\" And so it happened.  My aunt thought that, at least, the recovery and rehab in the hospital will be covered by her standard insurance. So, in the morning after the surgery, the nurse comes and says \"\"please make a choice: either I come once in the morning to take you out of bed to the toilet and some rehab, or, once in the evening\"\".  My aunt chose none of the options, and paid out of her pocket (partially covered by her private insurance) to stay in a private hospital.  Do you get it?  But in Israel, an obese women will get her 3rd artificial insemination to have her 3rd baby + an aid to help her raise her kids because she's too fat to care of the her children. We have that nonsense in Israel.\""}
{"_id": "446117", "title": "", "text": "\"From the IRS page on Estimated Taxes (emphasis added): Taxes must be paid as you earn or receive income during the year, either through withholding or estimated tax payments. If the amount of income tax withheld from your salary or pension is not enough, or if you receive income such as interest, dividends, alimony, self-employment income, capital gains, prizes and awards, you may have to make estimated tax payments. If you are in business for yourself, you generally need to make estimated tax payments. Estimated tax is used to pay not only income tax, but other taxes such as self-employment tax and alternative minimum tax. I think that is crystal clear that you're paying income tax as well as self-employment tax. To expand a bit, you seem to be confusing self-employment tax and estimated tax, which are not only two different things, but two different kinds of things.  One is a tax, and the other is just a means of paying your taxes. \"\"Self-employment tax\"\" refers to the Social Security and Medicare taxes that you must pay on your self-employment income.  This is an actual tax that you owe.  If you receive a W-2, half of it is \"\"invisibly\"\" paid by your employer, and half of it is paid by you in the form of visible deductions on your pay stub.  If you're self-employed, you have to pay all of it explicitly. \"\"Estimated tax\"\" does not refer to any actual tax levied on anyone.  A more pedantically correct phrasing would be \"\"estimated tax payment\"\".  Estimated taxes are just payments that you make to the IRS to pay tax you expect to owe.  Whether you have to make such payments depends on how much tax you owe and whether you've paid it by other means.  You may need to pay estimated tax even if you're not self-employed, although this would be unusual.  (It could happen, for instance, if you realized large capital gains over the year.)  You also may be self-employed but not need to pay estimated tax (if, for instance, you also have a W-2 job and you reduce your withholding allowances to have extra tax withheld). That said, if you earn significant income from self-employment, you'll likely have to make estimated tax payments.  These are prepayments of the income tax and Social Security/Medicare taxes you accrue based on your self-employment income. As Pete B. mentioned in his answer, a possible reason that your estiamtes are low is because some taxes have already been withheld from the paychecks you received so far during the year (while you were an employee).  These represent tax payments you've already made; you don't need to pay that money a second time, but you may need to make estimated tax payments for your income going forward.\""}
{"_id": "446131", "title": "", "text": "&gt; Just go back to the old rule of patents being good for one year after issuance.  Or put a relatively low limit on the total # of valid patents, and have some sort of competitive process to play the relative merits of new patent claims off against each other (I envision a Thunderdome sort of scenario :-)."}
{"_id": "446137", "title": "", "text": "If you can deal with phone calls instead of a face to face meeting, for the average person with an average refinance online tools just offer another way to shop for deals. For new mortgages, I think having a person you can meet face to face will avoid problems, but for just a simple refi, online is one of the places you should check. Compete your current mortgage company, your bank (hopefully credit union), a local broker or two and the online places. The more competition you have, the more power you have in making a good choice."}
{"_id": "446147", "title": "", "text": "I'm no pro with how all this stuff works, but you can make a company look more profitable. FedEx structure is pretty complex and I'm no MBA/Accountant. They have like 7 companies under the FedEx Corporation shell company and 100's of accountant and lawyers. I'm sure this is true of many fortune 500 companies."}
{"_id": "446155", "title": "", "text": "\"My best tip is to keep getting the interviewer to keep talking.  If you can't think of any questions,   build your questions off their answers,  show them you really want to know more,  it works well for you in the fact that it makes you look curious,  and it wastes time in interview before they get anymore difficult questions.   They expect any intern to be an idiot in the beginning,  it will take you quite some time to learn about the company,  but the team knows that already,  they're looking for \"\"value added\"\".  Talk about how you can add value,  how your experiences in the past can help with any work the company gives.    And make sure you learn how to tie a tie,  learn the Pratt knot,  make sure you're presentable,  and most Importantly,  be friendly and say good morning to everyone you pass,  everyone loves a friendly intern\""}
{"_id": "446167", "title": "", "text": "\"What a great explanation! I was familiar with many of the concepts, but I've learnt quite a lot. Do you happen to know any sources for further reading that are just as understandable to a non-economist? And/Or would you mind continuing / expanding this into whichever direction you find worth exploring? I would love to see this explanation \"\"connected\"\" to the debt crisis and how/why the US and europe seem to be in different situations there. Maybe that would be too complex to explain in more detail using your model, but maybe it is possible..?\""}
{"_id": "446186", "title": "", "text": "Money you need in the next year should not be invested. It should be in a cash-equivalent account such as a savings or money market account. You might be able to construct a CD ladder but it probably won't be worth the effort. If, per the comments, you don't mind returning back to work sooner than a year, then you could invest the money. You could, for instance, invest in stocks, bonds, and mutual funds which are generally quite liquid and can be sold at a moment's notice. They could drop quite dramatically with little notice, but still should be quickly salable. However you should definitely still keep enough in liquid savings to cover the period before you started working again. This includes the time to find a new job, start, and receive your first paycheck. But it also includes whatever time would be needed to extricate yourself from your current activity, e.g. if you are traveling, enough time to conclude your travels and get back to your home country. You would have to regularly sell a portion of your investments in advance so that your liquid savings account always contains at least the minimum amount above."}
{"_id": "446190", "title": "", "text": "\"I assume you are filing US taxes because you are a US citizen, resident alien, or other \"\"US person\"\". If you have a total of $10,000 or more in assets in non-US accounts, you are required to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts, also known as FBAR, to report those accounts.  See Comparison of Form 8938 and FBAR Requirements.  Note this refers to the total balance in the account (combined with any other accounts you may have); the amount you transferred this year is not relevant.  Also note that the FBAR is filed separately from your income tax return (it does not go to the IRS), though if you have over $50,000 in offshore assets you may also have to file IRS Form 8938. Simply reporting those accounts does not necessarily mean you will owe extra taxes.  Most US taxes are based on income, not assets. According to the page linked, the maximum penalty for a \"\"willful\"\" failure to report such accounts is a fine of $100,000 or 50% of the assets in question, whichever is greater, in addition to possible criminal sanctions. There may be other US filing requirements that I don't know about, so you may want to consult a tax professional.  I do not know anything about your filing requirements under Indian law.\""}
{"_id": "446196", "title": "", "text": "\"This is a \"\"stress\"\" period, much like the 1930s and 1970s. At a time like this, it is smart to be debt free, and to have money saved for the likely emergencies. There are growth periods like those of the 1980s and 1990s, probably returning in the 2020s and 2030s. At such times, it makes sense to play it a little \"\"looser\"\" and borrow money for investments. But the first order of business in answering this question is to look around you and figure out what is going on in the world (stress or growth).\""}
{"_id": "446208", "title": "", "text": "\"The Craftsman brand is the only thing that Sears has that is worth anything.  Despite Sears' many woes, the Craftsman name is still about as close to \"\"golden\"\" as you can get in the tool world.   Sears still know knows how to source and purchase top-notch product.  Sears is one of the few companies out there that still has an in-house, staffed, top tier professional testing lab that doesn't just drop the tool on the floor to see if it breaks.    Alas, that isn't the whole story.  Everyone else is in the private labeling gig as well.  Home Depot has Husky.  Lowes has Kobalt.  Problem is that those \"\"other guys\"\" ARE sourcing mediocre warez from China at a much lower cost.  We all know how much Americans like cheap shit.    90% of the weekend warriors want to buy a \"\"pretty good\"\" tool.  They don't want to pay 2x or 3x the price for something of superior quality that will last a VERY long time (such as the Craftsman brand of yesteryear).  Even though that Craftsman tool was of superior quality, they were losing sales left and right to the \"\"pretty good\"\" stuff at other stores that cost half the price.  Sears had no chance but to cut costs and quality in order to stay competitive.  Having the best quality stuff on the market is no longer enough to stay in business.  The DIY hardware/tool market doesn't support that angle any more.    Walk inside of a Harbor Freight.  Some of that stuff is borderline junk.  However, it's good enough for many people that only need a tool or two to get them through a quick fix.  This is the new consumer market - \"\"Just good enough for today and maybe tomorrow\"\".\""}
{"_id": "446213", "title": "", "text": "It's really not DRM, it was never intended to be. It was their one lowest price model, to offer something more affordable before the model 3 release. No other models are affected, and the expected market size was so small it was cheaper than designing one more lower capacity battery. Everyone knew what they were buying, and can upgrade to the next model up at any time. I don't see how this is possibly a bad thing, that model is already discontinued as well and this will never be a thing again. Remember the alternative is for those few owners to just have a 60kwh battery, and not be able to do this, this was not possible on any other models."}
{"_id": "446214", "title": "", "text": "\"What is a bond price?  A bond is an asset, and like any tradeable asset it has a price.  If I hold $10K face value of a certain GM bond, then I would be willing to sell it at some price, which may be more or less than $10K.  Whoever is willing to sell it for the lowest amount determines the price.  The price is determined by the market, just as all prices are.  It's what you can sell a bond for.  Bond prices may be quoted in various funny ways, like as a discount or premium relative to the face value or as a premium over a treasury, but at the end it all should be converted to how much you have to pay today.  In this case, it's how much you would pay today to get a set of future coupon and principal payments. What is Yield to Maturity?  A bond is a contract entitling you to a certain set of predefined cash flows.  If you take that set of cash flows and discount them using a single rate at all maturities such that the discounted value is equal to the price, the single rate you have identified is the YTM.  Mathematically, this is the same as finding the IRR (internal rate of return) of some set of cash flows.  In this case the cash flows are the coupons and principal repayment.  Other bond concepts.  Note that the other aspects of a bond, like maturity, coupon rate, and face value, are immutably written into the bond contract.  All they do is define what payments the bond entitles the owner to.  They don't say how much someone would pay today in order to be entitled to those payments.  One can't know how much a future payment is worth without discounting.  If you know the appropriate discount rate at every relevant maturity, you could calculate the fair price of a bond.  That's the other direction.  YTM looks at the market price and associated cash flows and imputes what single discount rate would make that price fair. What is YTM good for? Recall what I said about IRR above.  Why would anyone want to know what discount rate equates the cash flows of a project to its cost?  Because it's an easy way to summarize how profitable the project is expected to be. YTM is a quick way to summarize the yield one would get on a bond if they were to buy it today and hold to maturity.  If one bond has a higher YTM than another, than heuristically we believe it pays out more and should be associated with greater risk if the market is working properly.  It can be used to compare bonds or to look at how changes in bond prices are affecting expected yields.  Ask yourself, how would you compare two different bonds with different maturities and coupon rates?  Which one is riskier or more profitable?  The simplest way to summarize this information is with the yield to maturity.  YTM is used frequently enough that when you just say a bond's \"\"yield,\"\" people will assume you are talking about its yield to maturity. What is YTM not good for?  One thing to be wary of is using YTM as a discount rate.  It looks like a discount rate but it works for that bond and that bond only.  In reality each individual coupon payment has a true discount rate, and the discount rate at each horizon is different from each other horizon.  Those are true discount rates that can be applied to any cash flow of similar risk to get the right price.  We can think of YTM as some kind of average of those discount rates that produces the correct price for that bond only.  You should never use it for discounting something else.\""}
{"_id": "446226", "title": "", "text": "\"First off, high five on the paycheck.  There are a few retirement issues to deal with. 401k issues - At that income level, you will probably fall into the \"\"Highly Compensated Employee\"\" category, which means things get a little more complicated, both for you and your employer.  (Wikipedia link) IRA issues - As you already realized, you make too much to directly open and contribute to a Roth IRA.  You can open a Traditional IRA, however.  Your income is already over the limit for Traditional IRA deduction (bummer), so it would seem there is little point to opening an IRA at all. However, there is a way to take advantage of a Roth IRA, even at your income level.  It is possible to convert a Traditional IRA into a Roth IRA.  There used to be income limits on the ability to do the conversion, which would have normally made this off limits to you.  Starting in 2010, the income limit is removed, so you can do this. Basically, you open a Traditional IRA, max it out, then convert it to a Roth.  Since there was no income deduction, you shouldn't have to pay any more taxes.  (link) Disclaimer: I've never tried this, nor do I know anyone who has, so you might want to research it a bit more before you try it yourself.\""}
{"_id": "446227", "title": "", "text": "\"&gt; \"\"With a well-established brand, differentiated from other casual dining restaurants by its Garden Bar, we see significant opportunities to drive value for Ruby Tuesday,\"\" Aziz Hashim, the founder of NRD, said in a statement.  This gives me hope that they aren't going to get rid of the salad bar (even if he did call it the wrong name...). That was the best part about Ruby Tuesdays. The burgers and other food may have been mediocre, but there was always something enjoyable about having a beer with a great salad bar.\""}
{"_id": "446232", "title": "", "text": "Teachers are important people in your child\u2019s life. A good fit versus a bad one can make all the difference in your child\u2019s success during that school year. Someone else has an equally important role in your child\u2019s education, and that\u2019s you, the parent! Many teachers see the relationship with parents as a key partner, and they count on your support to make the learning work."}
{"_id": "446255", "title": "", "text": "\"Yes and No.  There's always a \"\"fee\"\".  The difference in credit vs debit usually determines how much that fee is and how it's paid.  Each vendor who accepts the major credit card is under contract to pay for equipment and meet certain standards.  The same is true for debt card transactions.  How much the \"\"fee\"\" is can vary based on the contract the vendor has with MasterCard/Visa/AMEX.  But in general most debt transactions go back to the bank who distributed the card.\""}
{"_id": "446267", "title": "", "text": "I don't think all MBAs are useless, but this quality of an MBA is depends heavily on the institution that issued the qualification. I have seen many MBAs incapable of managing, disrupting existing well-functioning teams, who got their degree at an obscure institution. But I have also seen management geniuses with an MBA from a top shelf institution. An MBA is not a goal, but a small tool. That's key IMO."}
{"_id": "446300", "title": "", "text": "Our AC uses some of the most advanced tech available. The warehouse i work in has problems with airflow in some areas because of how the conveyors are placed, but its also older than the company itself. And i dont know anything about the breaks issue. Ive never heard complaints."}
{"_id": "446340", "title": "", "text": "I know that many HSBC ATMs at branches in the US and Canada offer this service (they actually scan and shred checks as you deposit them). Perhaps they do same in Germany... but not all ATMs offer this feature."}
{"_id": "446345", "title": "", "text": "If I remember correctly my own experience : no you can't. Paypal will block the money even if it's only for online payement."}
{"_id": "446356", "title": "", "text": "I'm not sure how much living expenses are there but half of $12,600 in the US would be a decent monthly income.   I agree that debt on debt would just add to his problems, sort of like quicksand, the interest will just makes a person sink deeper and deeper.  It seems like it might take some more radical options here to pay off the debt. Like, could he move into a much smaller home or get a roommate? How expensive was that vehicle? Could he sell it and pay cash for a much cheaper used one and use the difference toward his debt? How much does he work? Could he get a second job for just a few hours to help make extra money? Is he willing to speak with a debt counselor?"}
{"_id": "446369", "title": "", "text": "Anything with zero fee and rewards to get started. Discover is typically the easiest, but Chase Freedom is pretty good if you can get it (usually requires higher income and 700+ score though, but not always, check CK approval odds)"}
{"_id": "446397", "title": "", "text": "\"Do you not understand my example at all?  You are better off having an $8M open position (by not selling) than $6.67M in cash (by selling).  It's literally as simple as 8M &gt; 6.67M.  And before someone argues that \"\"you will eventually have to sell the 8M open position, at which point it'll be worth only ~5M after taxes\"\" - no, you don't necessarily \"\"have\"\" to sell it. You can keep it forever and live off the dividends, or by borrowing against it, or you can pass it onto heirs in a tax-free or at least more tax efficient way, etc.\""}
{"_id": "446399", "title": "", "text": "Deciding to maintain an asphalt driveway is certainly a major one that the top prerequisite for this would be of a contractor. Hiring a contractor is not easy because several of them have mushroomed out of nowhere in the past one decade. Therefore, it becomes very important that you follow the guidelines mentioned below during selecting a contractor for sealing your driveway."}
{"_id": "446402", "title": "", "text": "\"Most of those countries had debt that was well beyond prudent levels (~70% of GDP) before the crisis, levels such that any crisis would put them over the safe limit and into trouble. The only exception was Spain whose debt levels were still marginally dangerous. Greece was off the charts, which is why they left off the graph for Greece.  Second problem. On top of the high or marginal levels of government debt, the governments implicitly or explicitly guaranteed the banks, without limiting in any effective way their levels of leverage and risk (inb4 Basel II - a lot of paper that made no difference). Protip: if someone guarantees your debt, they should be able to oversee your level of risk, but the governments didn't.  As a result these banks, and their CEOs in particular, have a bet that goes \"\"heads I win, tails I win (and you the taxpayer lose)\"\". If the loans are paid off the CEOs rake in millions. If the loans go bad the government bails them out and the CEOs and other top executives - you guessed it - rake in millions. Of course when faced with these incentives the banks will lend too much.  This is not free market capitalism, it is crony capitalism. **Bailouts of private companies are not part of unfettered free market capitalism.**  The third problem is that the same governments cannot print money like the US can because the Euro is not owned by the individual governments.   The answer to excessive levels of government debt is for governments not to borrow too much and not to take on excessive unfunded liabilities such as pensions. This probably needs to be enforced by a constitutional amendment, so it can't be easily overruled.  The answer to governments getting dragged into bailing out insolvent banks and then going under themselves, is to allow the banks to go under and to guarantee only small deposits. Let shareholders, bond holders and large (&gt;$500k) lenders to the banks to lose their money. Second, hold bank executives and shareholders liable for the bank's debts. Eg executive salaries and other remuneration need to be clawed back up to a 5 year window. Shareholders should be liable (as they used to be) for debts up to an additional 100% of the par value of the shares. I can assure you this would concentrate minds wonderfully - as it did in the old days when Wall St investment banks were partnerships with each partner liable for all the debts of the firm.  Another alternative would be for governments to enforce limits on financial risk, but unfortunately they do not have the courage to do this, nor the morality to resist \"\"campaign contributions\"\" / bribes to look the other way.  If these steps were taken the issue of the Euro currency would not be a problem. However printing money (which requires having your own currency) is a solution if it comes to that although it comes at the expense of people who have saved and invested prudently. Printing money (keeping interest rates excessively low for years on end) subsidizes borrowers - the ones who created the problem - at the expense of savers. Clearly this creates terribly perverse incentives the next time around.  Anyone who thinks this problem is a result of unfettered free market capitalism is not paying attention.\""}
{"_id": "446424", "title": "", "text": "\"I think you are confusing \"\"understands technology\"\" with \"\"is technology guru\"\" or \"\"technology visionary\"\".  &gt; As I noted the whole timeline simply DOESN'T match up with reality (at all, no matter HOW desperately one contorts the timeline into trying to make it \"\"plausible\"\").  Your timeline is flawed, as Sony's early work goes back well in to the 50's.  &gt; his son by having a patent attorney look at it, and then came back and told junior some cock &amp; bull story about having been \"\"beaten\"\" to the patent.  Maybe the whole thing is a lie. However, the story goes that the patent application was actually filed.  &gt; LOL. Go to any sizeable bar and talk to a number of people; ask them if they ever had an \"\"idea\"\" that was later patented and became a \"\"big time\"\" thing -- you'll end up with HUNDREDS of similar \"\"well I had this idea once for _____\"\" stories, and a lot of them will come from when they were teens or twenty-somethings... very few of them have even a tiny kernel of \"\"truth\"\".  Agreed. That's exactly why I'm saying having the idea isn't important. Like you said, he might have just been working off of some designs he read in a magazine. I don't look at his work with the CRT as a demonstration of any particular brilliance, just an interest and enough competence to actually get the damn thing to work, which already separates him from pretty much all non-tech CEO's, and even puts him in a reasonably rarefied cloud amongst CEO's or large tech companies.  &gt; As the Apple CEO, he was a \"\"fish out of water\"\" -- but, given that the advertising &amp; PR people had already (once) done the \"\"let's dress up our CEO as a 'technical wunderkind visionary\"\" (with Jobs) -- they simply did their best to repeat the same thing (with even less basis in reality) with Sculley.  You should read Jobs' own accounts of meeting and recruiting Sculley. They had very extensive conversations about technology and while Jobs no doubt didn't see him as a visionary, the computer industry was new to Sculley so he had a lot to learn (particularly the first year), and Sculley clearly didn't get Jobs' design esthetic, but Jobs very much felt he could share his vision and Sculley would understand it and its implications. Similar comments from Markkula and others who worked with the guy then.  &gt; And of course subsequently -- he's been coasting on (and trying to capitalize on) that bullshit ever since. &gt; &gt; He probably should have just gone back to the beverage &amp; advertising world; but by then I think he had begun to believe his own PR myth, and his ego just wouldn't allow for admitting the truth.  Ironically, I think the post-Apple track record shows quite the opposite. Sculley definitely sees himself not as a technical visionary or even a technologist, but as a master marketer. Yet the evidence is he hasn't done terribly well marketing most of the fairly interesting tech that he's found out there. So I'm not sure what your basis is for this narrative you've constructed.\""}
{"_id": "446434", "title": "", "text": "This is well-written and important. I worked at a newspaper (and helped launch a TV station) 1997-99 when the web was really taking off, and have watched the resultant waves of RIFs that even now continue to overtake my friends and teammates.  Music, movies, books, media...it's all up for grabs."}
{"_id": "446449", "title": "", "text": "In addition to TransferWise that @miernik answered with and that I successfully used, I found CurrencyFair which looks to be along similar lines and also supports US$."}
{"_id": "446454", "title": "", "text": "The monthly repayments of the initial $ 300,000 loan can be calculated using this formula:  source: Finance Formulas The monthly payment is It is not readily apparent how the formula works, but it is derived by induction from this summation, in which the sum of the discounted future payments are set equal to the present value of the loan:  For the second part of the question, reinvestments are stopped after 9 months, after four investments of $ 26,374.77 * 3 = $ 79,124.31.  And presumably each loan is repaid in 3 years, since 45 - 9 = 36 months. Calculating the repayments for these loans: The total returned for all four loans is:"}
{"_id": "446464", "title": "", "text": "&gt; Allowing taxi licencing to become so expensive, than it places that level of debt on the owner is sheer madness - a recipe for a bubble.  Yeah. We're basically artificially sustaining a lending business because we've created the necessity to lend for something that shouldn't be expensive in the first place.  I think it's natural that in trying to clean up the bloat in the economy, there will undoubtedly be winners and losers."}
{"_id": "446486", "title": "", "text": "\"I've heard similar sentiments parroted. The one I hear the most from the older generation is \"\"they're not making more land, so property values are guaranteed to go up!\"\".  If there's one thing people need to understand, it's that before you start listening to expert advice, looking at rates, or building large abstract models or plans based on how you see the market, it's to know that fundamentally a market is a very simple thing: people are buying, and people are selling. If someone is selling for that price, it's because the cash is worth more than the property to them. You would have to be insane to sell if you genuinely believed it would double (or at least be guaranteed that it would appreciate faster than your mortgage rate).\""}
{"_id": "446506", "title": "", "text": "If you are still paying off debt, then you should have about $1000 in savings and put all you can towards non-mortgage debt. If you don't have any debt besides your mortgage, then add up all of your monthly expenses including food, gas, utilities and keep 3-6 months in liquid savings. Whether you keep 3 or 6 months depends on how safe your income is. If you have a steady safe job, you might be safe with 3 months. But, if your employer is cutting back or you are in a commission based job or self employed - then lean more towards 6 months expenses. Congrats on your new home!"}
{"_id": "446519", "title": "", "text": "\"My education helped me getting a job that allows me to pay for my livelihood.  I thought I made that clear - but thanks for avoiding every meaningful discussion. You will just keep on asking meaningless questions until you find something where you can throw a chair at like \"\"ha you work, so you confess hating communism\"\".   I think I made my point clear. And I think that was the longest \"\"discussion\"\" I ever had or ever will have with a Trump supporter.  For everybody who wants to know more about redistribution or equality through working tax systems, that only favour the richest of the rich, watch \"\"Inequality for all\"\" with Robert Reich.\""}
{"_id": "446553", "title": "", "text": "When your debt is forgiven, you have to consider the amount written off as an ordinary income item (with the exclusion of the debt originated from the purchase of primary home). If you're trying to write the debt off from your taxes - then it won't work. Even if you can expense the debt forgiveness, you will incur tax liability on your personal taxes side, and in addition you'll be out of cash in your business. So basically you'll end up paying it with after tax money, exactly the thing you're trying to avoid. In addition, you're dealing with related persons here, which means that the loss deduction might not be allowed (depends on the actual details of the transaction), so you might actually end up paying more taxes with this scheme that just paying off the loan directly (if your business pays taxes separately from your person). A loss on the sale or exchange of property between related persons is   not deductible. This applies to both direct and indirect transactions,   but not to distributions of property from a corporation in a complete   liquidation. For the list of related persons, see Related persons   next."}
{"_id": "446555", "title": "", "text": "\"I think it is the debate here.  The functional use case is that it takes seconds to plug in.  Even if you added all the time I've spent \"\"on-the-go\"\" charging, which is very little, then the amount of time I've spent charging has been less than the amount of time I would have spent filling up on gas over the course of several years.  Also, like I said in the comment, this is not just \"\"MY\"\" use case.  You can ask other drivers about it, the vast majority will say they prefer charging now that they have experienced it.  Look at Volts - most of their miles are done on electricity, and there are a lot of Volt drivers who use the term \"\"gas anxiety\"\" because they don't want to fill up with gas so they do everything they can not to let the engine turn on at all.  And for another car example, Tesla installed a battery swapper which made the filling-up experience more \"\"gas-like,\"\" in that it took &lt;5 minutes and cost about $50.  Nobody used it.  They instead plugged in at the free supercharger nearby, got out to stretch their legs, went to eat lunch, and came back to their cars and drove off.  Heck, I've heard plenty of Tesla owners lament that their car charged *too quickly*, which meant they had to get up in the middle of lunch to go unplug it.  Very few people will regularly \"\"need\"\" to charge en-route in something like a Bolt, Model 3 or Model S.  Those very few people who routinely drive 300 miles in a day one-way, or roundtrip with very little stop at their destination with which they could charge, are a niche customer who does not need to be catered to at this moment in time.  However, and I get this all the time, everyone on reddit thinks they're part of that niche.  On a website full of people who talk about spending all their day on reddit, somehow these people get the time to spend driving 400 miles a day.  Not saying you're doing that right now, but lots of people do it here.  95%+ of charge events will be normal, day-to-day charges where it takes no time, the \"\"on-the-go\"\" cases are few and far between.  EV motorcycles are pretty reasonably priced, but it sounds like you've probably already done some research on them.  Check out Zero if you haven't heard of them.  Cool thing about them is the battery is small so you can charge it on 120v in a reasonable amount of time (overnight), and I've heard from motorcycle drivers that they even feel more safe on an EV because all those brain cycles you spend on shifting and clutching are freed up to spend on paying attention to the road which is full of cars that are trying to kill you.  Also the Bolt is a fantastic car.  Highly recommend it.  edit: oh, and with your name, you should check out the Lightning LS218's results at Pike's Peak a few years ago.  Beat the Ducati by 20 seconds ;-)  https://www.wired.com/2013/07/lightning-pikes-peak-2013/\""}
{"_id": "446556", "title": "", "text": "\"Thank you for the great explanation, but there is an aspect of this that has eluded me the 10 times I've attempted to understand it over the years.  When you give the 12-Loddar IOU to the shoemaker, I have two problems of understanding: (a) In October, I am going to owe 12 apple-bushels to \"\"the economy\"\", so isn't the 12-Loddar IOU cancelled out?  Really, the 12-Loddar IOU is a pre-order.  (b) If we take your metaphor to the modern age, handwritten IOUs won't work anymore; they have to be central-bank-printed notes; so the central bank does have to expand the money supply, doesn't it?\""}
{"_id": "446565", "title": "", "text": "\"America just needs to get the cash out. I believe in the power of government to better everyone's lives.  But I'm in NZ.  Low corruption here with a strong safety net.  Universal health care. I have a hospital appointment tomorrow.  They are going to fix my chest deformity for free even though technically it's \"\"cosmetic\"\".  I was earning $50 an hour mowing lawns for 6 years.  I did a double degree in the late 90s for about $7k a year.  My Asthma medicine costs $5.00.  My brother had cancer - treated free (he's fine now).  My Mum's heart attack - free (she's all good too).  If you start from such a depressed place (believe me I get why Americans feel the way they do) I think you run the risk of ending up in a rather cynical place - government can't help me.  You got republicans essentially running on a ticket of \"\"government doesn't work\"\" and ensuring it doesn't by their actions.   I dunno mate.  Keep your chin up.  I feel like America is getting close to a real jolt to get it back on track.  She's really out of step with other comparable countries.  America is still great despite itself.  But it'll get back on track.  The boomers will die off and progress will become possible again.\""}
{"_id": "446583", "title": "", "text": "Is your argument that the US Government is here illegally?   Okay, so lets add that the drug dealer / gang banger is living in that house because he murdered the prior owner... does that make your living in the house more or less implicit approval of the drug dealers decisions and lifestyle?"}
{"_id": "446595", "title": "", "text": "So 2015 is still well before the Model 3 is coming out, so they will still be dealing solely in Model S and Model X, which both carry an average transaction price approaching six figures.  Mercedes and BMW both produce around 60,000 of their similarly priced level vehicles (S class and 7 series respectively) per year. Audi produces around 35,000 8 series vehicles.   The point here is that if Tesla is planning on selling 100,000 vehicles in a market that is around 200k cars per year, that would represent a HUGE chunk out of the near-six-figure luxury vehicle market, and would require a non-insubstantial percentage of people to switch away from long-entrenched marques. It will be highly impressive if they pull it off."}
{"_id": "446615", "title": "", "text": "You can't directly contribute more. However, it seems that there is something you can do that can achieve a similar effect. You can withdraw your entire account (principal + earnings, though in your case that's less than the principal), and then contribute up to the $5500 contribution limit again. The end result is that you put in a net amount of $500, and the account ends up with $5500, which is what you want. The first step is a return of contributions made for the contribution year before the tax filing deadline for that year. This kind of withdrawal is not subject to tax, and counts as if you never made the contribution at all. Since you are considered to have never made a contribution, you still have $5500 that you can contribute before you hit the limit."}
{"_id": "446619", "title": "", "text": "Crazy as it is, I've always thought Poland Spring was by far the best-tasting bottled water compared to Deer Park (also Nestl\u00e9, I believe, so it's weird that there's a difference in taste), Dasani, Aquafina, and the rest. I'm pretty confident that I could tell Poland Spring apart from those in a blind taste test."}
{"_id": "446622", "title": "", "text": "The fees for the services are displayed on the PayPal website at https://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside Is there anything else you were looking for."}
{"_id": "446628", "title": "", "text": "Does this technically mean that she has to pay AMT on $400,000? Yes. Well, not exactly 400,000. She paid $1 per share, so 390,000. And if so, is %28 the AMT for this sum? (0.28 * $400,000 = $112,000)?   Or does she have to include her salary on top of that before   calculating AMT? (Suppose in the fake example that her salary is   $100,000 after 401k). All her income is included in calculating the AMT, minus the AMT exemption amount. The difference between the regular calculated tax and the calculated AMT is then added to the regular tax. Note that some deductions allowed for the regular calculation are not allowed for the AMT calculation. How does California state tax come into play for this? California has its own AMT rules, and in California any stock option exercise is subject to AMT, unless you sell the stock in the same year. Here's a nice and easy to understand write up on the issue from the FTB. When would she have to pay the taxes for this huge AMT? Tax is due when income is received (i.e.: when you exercise the options). However, most people don't actually pay the tax then, but rather discover the huge tax liability when they prepare to submit their tax return on April 15th. To avoid that, I'd suggest trying to estimate the tax and adjust your withholding using form W4 so that by the end of the year you have enough withheld. Suppose in the worst case, the company goes completely under. Does she   get her massive amounts of tax back? Or if it's tax credit, where can   I find more info on this? That would be capital loss, and only up to $3K a year of capital loss can be deducted from the general income. So it will continue offsetting other capital gains or being deducted $3K a year until it all clears out. Is there any way to avoid this tax? (Can she file an 83b election?) You asked and answered. Yes, filing 83(b) election is the way to go to avoid this situation. This should be done within 30 days of the grant, and submitted to the IRS, and a copy attached to the tax return of the grant year. However, if you're considering exercise - that ship has likely sailed a long time ago. Any advice for Little Susie on how she can even afford to pay that   much tax on something she can't even sell anytime soon? Don't exercise the options? Should she   take out a loan? (e.g. I've heard that in the extreme case, you can   find angel investors who are willing to pay all your taxes/strike   price, but want 50% of your equity? I've also heard that you can sell   your illiquid shares on SecondMarket?) Is she likely to get audited by IRS for pulling something like this? You can take a loan secured by shares you own, there's nothing illegal in it. If you transfer your shares - the IRS only cares about the taxes being paid, however that may be illegal depending on the terms and the conditions of the grant. You'll need to talk to a lawyer about your situation. I suggest talking to a licensed tax adviser (EA/CPA licensed in your State) about the specifics concerning your situation."}
{"_id": "446629", "title": "", "text": "Algorithmic trading essentially banks on the fact that a price will fluctuate in tiny amounts over short periods of time, meaning the volatility is high in that given time frame. As the time frame increases the efficiency of algorithmic trading decreases and proper investment strategies such as due diligence, stock screening, and technical analysis become the more efficient methods.  Algorithms become less effective as the time frame increases due to the smoothing effect of volatility over time. Writing an algorithm that could predict future long-term prices would be an impossible feat because as the time frame is scaled up there are far less price fluctuations and trends (volatility smooths out) and so there is little to no benchmark for the formulas.  An algorithm simply wouldn't make sense for a long-term position. A computer can't predict, say, the next quarter, an ousted CEO, a buyout, or anything else that could effect the price of the security, never mind the psychology behind it all. Vice versa, researching a company's fundamentals just to bank on a 0.25% daily swing would not be efficient. Tax advantages or not, it is the most efficient methods that are preferred for a given time-scale of trading."}
{"_id": "446633", "title": "", "text": "\"It sounds good, but perhaps they've overlooked several things that would need to be addressed before anything like this could work well.  1) If there is a leak in the overall flow, such as a HFT hedge fund sucking money out of the markets at an enormous rate into a tax haven, such a system would just perpetuate the existing rise of the superwealthy entities. They still get richer without spending much in return.  2) As described they have only talked about one government, one nation, one monetary recycling system, as if nations are closed boxes. They are not. Money flows across borders with ease. Nations **compete** to maximise the amount of assets they hold within their borders at any given time. These can be fixed capital assets too. So nothing prevents the \"\"global equity investment\"\" they mention from starting to resemble all the powerful corporations concentrated in a single favoured nation over time. That would represent a lot of political power concentrated in ways that are not necessarily favourable to individual sovereign national legal systems elsewhere.  It is possible that this could mean that nations would compete to lower taxes to zero to attract corporations, thereby risking bankrupting governments unless the income from the global equity index compensated enough. At 6% it won't match current tax rates.  The second point also means that nations cannot unilaterally decide to implement this unless they have a guaranteed additional inflowing income from transnational activities that could compensate for excessive outflow.\""}
{"_id": "446646", "title": "", "text": "Definitely don't borrow from your 401K.  If you quit or get laid off, you have to repay the whole amount back immediately, plus you are borrowing from your opportunity cost.  The stock market should be good at least through the end of this year.   As one of the commentators already stated, have you calculated your net savings by reducing the interest rate?  You will be paying closing costs and not all of these are deductible (only the points are).  When calculating the savings, you have to ask yourself how long you will be hanging on the property?  Are you likely to be long term landlords, or do you have any ideas on selling in the near future?   You can reduce the cost and principal by throwing the equivalent of one to two extra mortgage payments a year to get the repayment period down significantly (by years).  In this way, you are not married to a higher payment (as you would be if you refinanced to a 15 year term).   I would tend to go with a) eat the appraisal cost, not refinance, and b) throw extra money towards principal to get the term of the loan to be reduced."}
{"_id": "446647", "title": "", "text": "I want to send some money to Indian in my saving account but I haven't any NRO/NRE account. It is advisable to Open an NRE account. As an NRI you cannot hold a savings account. Please have this converted into NRO account ASAP. Process or Transaction charges or Tax (levied by Indian bank) on money what I'll send to my saving account in India. I know the process or transaction charges (applied by UK banks) from UK to India. There will be a nominal charge levied by banks in India. If you use dedicated Remittance services [Most Leading Indian Banks offer this], these are mostly free. Is there any limit to get rid off tax? Nope there isn't any limit. This depends on service provider. What types of paper work I'll need to do for showing that income is sent from UK after paying tax. If you transfer to NRE account. There is no paperwork required. It is implicit. If not you have to establish that the funds are received from outside India, keep copies of the transfer request initiated, debits to the Bank Account in UK, your salary slips, Passport stamps etc."}
{"_id": "446652", "title": "", "text": "I think I understand what I am doing wrong.  To provide some clarity, I am trying to determine what the value of a project is to a firm.  To do this I am taking FCF, not including interest or principal payments, and discounting back to get an NPV enterprise value.  I then back off net debt to get to equity value.  I believe what I am doing wrong is that I show that initial $50M as a cash outflow in period 0 and then back it off again when I go from enterprise value to equity value.  Does this make any sense?  Thanks for your help."}
{"_id": "446679", "title": "", "text": "Mobile phones have emerged as the most imperative commodity in the life of most of the people. Belonging to any age group and coming from virtually any background, the cell phone that can help you stay connected with anyone and everyone you wish at almost any time in life is now a necessary part of life and not just a requirement. With new features and added facilities, the one most recent update done by the phone operators is the free prepaid recharge facility available online. Offering all the prepaid cell users an easy and almost instant recharge alternative, the free prepaid recharge facility is a god sent boon for all. Saving one from the hassle of travelling all the way to an ATM to withdraw money and then locate a mobile store, this is the new in thing now adding ease and convenience to the task of adding balance to your prepaid cell phones. The advantages a prepaid mobile owner enjoys are many but the most vital is the control over expenses which moreover one who owns a post-paid connection does not enjoy. With now an online free prepaid recharge added to the list of features, more and more people are now turning to this great facility. So, now enjoy an easy and convenient balance recharge on your prepaid cell phone with just a click. Offered by mobile operators of virtually all the brands functional in India, when accessing the prepaid recharge facility online, one can enjoy a top up recharge on balance of virtually any value. These deals offer you easy free recharge facility that supports your budget. These deals are different from other deals like contract phones, pay monthly phones, etc. in which you end up your month by paying huge mobile bills. Another benefit of this deal is that you are free to choose any network provider as per your wish. To control your bills, you can for sure use this kind of deal. Your usage of phone is completely dependent on the amount of money available in your phone. In other words we can say that it is a prepaid deal wherein you can make calls and send texts according to the balance and talk value available in your phone. Once you take this free online service, there is no need to pay any money in between the time period. This usage includes your calls, messages etc. It also allows you to make unlimited calls by paying their charges. A large number of offers also come associated with several kinds of plans. It may include free gifts such as laptops, ipods, free handsets and many more. It can also provide free talk time, free or low call rate, free text SMS and many others. Furthermore, this online websites are available for the users, which provide every detail about the latest Phones that are designed and launched by different brands. This websites elegantly facilitate the modern people to get free online recharge and the latest information about the offers and cheap mobile deals of different manufacturers quite easily.  Recharge your mobile in free of cost here: www.freephonerecharge.in"}
{"_id": "446687", "title": "", "text": "The interest payments received in an account depend both upon  on how interest is accrued,  as well as how it is paid. The annual interest statement indicates how often interest is paid. It does not, however, indicate how that interest is calculated or accrued. Commonly in this type of account in Canada, the interest is calculated monthly based on the lowest balance you had for that month. If you need specifics, you should check with your financial institution, or check the fine print of the account in question. Good Luck"}
{"_id": "446696", "title": "", "text": "Then you have two problems.  A better solution would be in invest in education and training so that you reduce the number of unskilled, low wage workers.  One way would be to get these people out of retail and back into manufacturing, but that is unlikely in the US.       Another proposal has been to get people working in coal mines, but I'm not sure if a nineteenth century solution fits a 21st century problem."}
{"_id": "446697", "title": "", "text": "There are a few main economic reasons given why investors show a strong home bias: Interestingly, though if you ask investors about the future of their home country compared with other countries they will generally (though not always) significantly overestimate the future of their own country.  It is difficult to definitively say what drives investors but this psychological home bias could be one of the larger factors. Edit in response to the bounty: Maybe this Vanguard article on their recommended international exposure is what you are looking for though they only briefly speculate about why people so consistently show a home bias in investing.  The Wikipedia article mentioned above has some very good references and while there may be no complete answer with the certainty that you seek (as there are as many reasons as there are investors) a combination of the above list seems to capture much of what is going on across different countries."}
{"_id": "446705", "title": "", "text": "\"Actually the UK was doing that back in the 1600's to finance war with France. You might want to learn why the crown jewels were not actually owned by the state :)  \"\"I think you should move along before you get hurt. This is a grown up conversation little one.\"\"\""}
{"_id": "446708", "title": "", "text": "Yes. I'm not a coder by trade, but learned on my own as a hobby and then launched a barebones version in 2015 and then a full-fledged version just a few months ago. I'm a lawyer by training and I had been thinking for 12+ years that there needed to be a more efficient way for professionals to get clients and for clients to know the level of expertise of a professional through the power of the Internet. I had tried to hire outside web developers on my own about 10 years ago, but got burned but learned some valuable life lessons - if you are passionate about something, learn to do it yourself - you almost always will be better off. The result today is Hire.Bid and I'm happy to say we are kicking ass. If Reddit has taught me anything, it is to chase your dreams and make shit happen yourself. You'll regret not doing so. Make it happen. If it is a hobby and something you are passionate about first, you'll have a much better chance of success in the long run. Just my $0.02."}
{"_id": "446714", "title": "", "text": "\"If you can afford to replace your car, it is more cost effective, on average and over time, not to carry comprehensive and collision insurance. The insurance companies do make a profit, after all. However, you may be able to worry less (\"\"What if someone steals my car if I park here?\"\") with the insurance, and you have the knowledge the you won't have to spend your own money on a new car if something happens to this one, which may help with financial planning.\""}
{"_id": "446727", "title": "", "text": "This decision depends upon a few things. I will list a couple:- 1.) What is your perception about financial markets in your time span of investments? 2.) What kind of returns are you expecting? 3.) How much liquidity do you have to take care of your daily/monthly expenses? 1.)If your perception about financial markets is weak for the near future, do not invest all your money in a mutual fund at 1 time. Because, if the market falls drastically, chances are that your fund will also lose a lot of money and the NAV will go down. On the other hand, if you think it is strong, go ahead and invest all at one time. 2.) If you are expecting very high returns in a short time frame, then SIP might not be a very good option as you are only investing a portion of your money. So, if the market goes higher, then you will make money only on what you have invested till date and also buy into the fund in the upcoming month at a higher rate( So you will get less units).  3.) If you put all your money into a mutual fund, will you have enough money to take care of your daily needs and emergencies? The worst thing about an investment is putting in all what you have and then being forced to sell in a bear market at a lower rate because you really require the money. Other option is taking a personal loan(15-16%) and taking care of your daily needs, but that would not make sense either as the average return that you can expect from a mutual fund in India is 12-13%. To summarize:- 1.) If you have money to spare and think the market is going to go higher, a mutual fund is a better option. 2.) If you have the money to spare and think that the market is going to fall, DON'T DO ANYTHING!.(It is always better to be even than lose). 3.) If you don't have the money and don't know about markets, but want to be part of it, then you can invest in an SIP because the advantages of this are if the market goes high, you make money on what you've put it, and if the market falls, you get to buy more units of the fund for a cheaper price. Eventually, you can expect to make a return of 14-15% on these, but again, INVESTMENTS ARE SUBJECT TO MARKET RISK! Please watch the funds average return over the last 10 years and their portfolio holdings. All the best!:) PS:- I am assuming you are talking about equity funds."}
{"_id": "446741", "title": "", "text": "Silvrback is the best minimalistic blogging platform for the programmers and anyone looking for a jargon free blog posting platform. With simple but highly effective features, Silvrback provides a distraction free blogging platform. You can write, create content, share images, code, and post and do so much more without any confusion. The features save you time and effort and helps you stay focussed."}
{"_id": "446760", "title": "", "text": "\"You don't \"\"prove a model incorrect\"\". That's not how this type of statistical modeling works. This isn't cognitive dissonance, it's understanding what statistics tells us.   If I look at a model that takes a bunch of inputs from two football teams and the inputs tell me the expected numbers of yards, touchdowns, etc over 1000 different simulations, and gives me that over those 1000 different simulations that 750 of them is in favor of team A. When team B wins this doesn't prove a model wrong in a one shot game, it proves that one of those 750 times out of 1000 didn't occur.   In this case it's especially interesting because, continuing with the analogy, the yardage was almost near correct (popular vote) just the areas of the field that yardage came from differed slightly. This election was, essentially, when one team out gains the other, but loses due to the exact wrong play in the wrong area of the field.   Again, you clearly don't understand how this works, or the definition of cognitive dissonance, for that matter.\""}
{"_id": "446763", "title": "", "text": "Does your current employer offer a 401(k)? Can you roll your IRA into that? You can borrow from a 401(k). If you leave your job, get fired etc., you have to pay back the loan but you can avoid the early withdrawal penalty at least; there may also be  less of a tax issue since it is a loan and may not be considered income unless you don't pay it back. The terms for  taking a loan are set by the 401(k) plan  documents. If you explore this route make sure you see the plan document itself. Don't rely on what someone tells you."}
{"_id": "446768", "title": "", "text": "I still think it will be a wrist device (possibly neck).  Apple has some patents related to heartbeat identification (something that is pretty much impossible to imitate - but doesn't work for people with pumps replacing their heart).  Combined with the secure enclave I see this as the solution for a secure payment platform - fingerprint reader for authorization, and heartbeat for authentication.  If your heartbeat is elevated you won't be able to authorize payments (so won't go through if you're being held up, or just finished a cardio workout)."}
{"_id": "446770", "title": "", "text": "Assuming this'll be a taxable account and you're an above-average wage earner, the following seem to be biggest factors in your decision: tax-advantaged income w/o retirement account protection - so I'd pick a stock/stocks or fund that's designed to minimize earnings taxable at income and/or short-term gains rates (e.g. dividends) declining risk profile - make sure you periodically tweak your investment mix over the 2-3 year period  to reduce your risk exposure.   You want to be near savings account risk levels by the end of your timeline.  But make sure you keep #1 in mind - so probably don't adjust (by selling) anything until you've hit the 1-year holding mark to get the long-term capital gains rates. In addition to tax-sensitive stock & bond funds at the major brokerages like Fidelity, I'd specifically look at tax-free municipal bond funds (targeted for your state of residence) since those generally pay better than savings on after tax basis for little increase in risk (assuming you stick w/ higher-rated municipalities)."}
{"_id": "446799", "title": "", "text": "Publication 17 is a start. From that pub -   I don't know what the stipend was for or whether is was tax free. So I can't say for sure, myself."}
{"_id": "446803", "title": "", "text": "That sucks.  If BofA is taking responsibility for the insurance payment, then they should..., well, take responsibilty - full responsibility.  I hope these people get reimbursed fairly.  Didn't their insurance company contact them about the policy?  If not, I'd certainly be shopping for a new insurance company, and possibly I'd include them in a lawsuit.  The insurance company should be contacting the bank **and** their customer.  Mine sent me a couple of letters, saying a copy was sent to the bank (although I think they still had the original bank, not BofA).  But BofA had recently paid the premium, so they ignored it - basically dropped the ball.  When I got the 2nd letter from the insurance company, I called again, and the guy at BofA got right on the ball, checked it out, and fixed it very quickly, then helped me cancel my escrow so I could handle it directly in the future.  Perhaps I was lucky to get someone who cared about their job enough to follow through.  But I also jumped in to make sure it got taken care of, so if he hadn't, I would have been bothering them until they did."}
{"_id": "446807", "title": "", "text": "IBAN -> is International Bank Account Number. The number is constructed in such a way that it uniquely identifies your account in the world. I.e. it has a country in it, Bank (and branch) and the actual account number. This is an international standard adopted by the EU, Australia and NZ. Going forward it would be sufficient to just quote the IBAN for payment without any other details. BIC, SWIFT Code, SWIFT BIC, SWIFT ID [all mean the same] is a Bank Identifier Code [More correctly Business Identifier Code] that is again an International standard and used on all International payments. The SWIFT BIC is constructed as   Hence SWIFT BIC can be 8 Chars or 11 Chars. The additional 3 Chars help bank identify the Branch where the account is held and where the payment needs to be made. So LOYDGB2L is the main head office  If your branch is, say, in Canary Wharf, the SWIFT BIC would be LOYDGB21 [21-> Canary Wharf] with a 3 digit branch added."}
{"_id": "446809", "title": "", "text": "Jannat Al Quran is a unique Islamic Online Institute. It is a non-profit organisation registered in the UK.  Our teachers are native Arabic Egyptian teachers who are dedicated to helping students of all ages and levels learn Quran online. No matter where you are around the globe we welcome you to start your learning journey with us. Please visit our website to know more about our Quran classes and offers."}
{"_id": "446838", "title": "", "text": "Cutting the size/inefficiency of government is generally an unpopular topic on r/economy.   However the question I always wish to ask these folk is : If the size and scope of government has generally historically increased since WWII, at what stage do we say enough? There has to be a point where the inefficiency and burden of the state overwhelms the tax base it operates off."}
{"_id": "446843", "title": "", "text": "Reducing your income by 20k is guaranteed to lower your tax bill by less than 20k (because there are no tax rates greater than 100%).  Your goal shouldn't be to minimize taxes but to maximize total net income."}
{"_id": "446853", "title": "", "text": "Well one of the main problems is the unsteady purchasing power of the money, and the unwillingness of the federal reserve to allow anything less than 2-3% inflation, when deleveraging requires deflation. A lot of problem is also regime uncertainty. Companies will keep large cash reserves on the sidelines if they are uncertain about the regulatory environment. A business man can't accurately plan his business if he does not know how much his productive output will be taxed 5 or 10 years down the road. For larger companies it may be the safer move to hold onto the cash and not put it to productive use."}
{"_id": "446856", "title": "", "text": "Yes. If I own a call, an American call option can be exercised at my wish. A European call can only be exercised at expiration, by the way.  Your broker doesn't give you anything but a current quote for a given strike price. There are a number of good option related questions here. A bit of searching and reading will help you understand the process."}
{"_id": "446857", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://mobile.reuters.com/article/amp/idUSKBN19I0G4) reduced by 92%. (I'm a bot) ***** &gt; Seven years after its Deepwater Horizon explosion and oil spill, BP is betting tens of billions of dollars on the prospect that it can slash the costs of offshore drilling by half or more - just as shale oil producers have done onshore.  &gt; While BP has some onshore U.S. developments, the firm is notably absent from the industry&amp;#039;s rush into shale oil fields of the West Texas Permian Basin.  &gt; Richard Sears - who served as chief scientist on the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling - said such projects can be managed safely at low oil prices.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jqx7e/seven_years_after_its_deepwater_horizon_explosion/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~153572 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **oil**^#1 **Gulf**^#2 **platform**^#3 **drills**^#4 **new**^#5\""}
{"_id": "446864", "title": "", "text": "I understand that, but there are so many mitigating factors now that I don't feel safe. It's more like thinking that airplanes are safe, but if you're walking through the airport and you notice the pilot at the bar and them see him with his shirt untucked as he bumps his head getting into the airplane you might not get onto that airplane.   I wouldn't give this advice to someone in their 20s, but we are in our 50s. We have enough to live on comfortably with savings and my husband's pension and social security and passive income from the rental. It's just not worth the risk. As it is I am retired and can travel and eat whatever I want whenever I want. And the rental property is our hedge against inflation. I just see no reason to risk that."}
{"_id": "446870", "title": "", "text": "Generally, unless you explicitly elect otherwise, LLCs are transparent when it comes to taxes. So the money in the LLC is your money for tax purposes, there's no need to pay yourself a salary. In fact, the concept of salary for LLC members doesn't exist at all. It is either distributions or guaranteed payments (and even that is mostly relevant to multi-member LLCs). The only concern is the separation of personal and LLC finances - avoiding commingling. Mixing your personal and business expenses by using the same accounts/cards for both business and personal spending may cause troubles when it comes to the liability protection in case of a lawsuit. I'd suggest discussing this with a FL-licensed attorney. Bottom line - technically the withdrawal is just writing yourself a check from the business account or moving money between your personal and business accounts. If you're a sole member - you need not more than that. Make sure the operating agreement explicitly empowers you to do that, of course. There are no tax consequences, but as I mentioned - there may be legal consequences."}
{"_id": "446877", "title": "", "text": "How you use the metric is super important.   Because it subtracts cash, it does not represent 'value'.  It represents the ongoing financing that will be necessary if both the equity plus debt is bought by one person, who then pays himself a dividend with that free cash.   So if you are Private Equity, this measures your net investment at t=0.5, not the price you pay at t=0.  If you are a retail investor, who a) won't be buying the debt, b) won't have any control over things like tax jurisdictions, c) won't be receiving any cash dividend, etc etc .... the metric is pointless."}
{"_id": "446878", "title": "", "text": "\"They do not. M&amp;A execution is housed within industry coverage groups; there's no separate group that executes. They have a group called \"\"M&amp;A\"\" that advises on tax structuring, anti-raid, and other assorted issues (e.g. MASA) but they don't run the model and they're not really executing. Most of the people there are ex-lawyers or experienced bankers.  Trust me on this, if you tell someone at GS you're interested in working in the M&amp;A group, you're not getting an offer.\""}
{"_id": "446887", "title": "", "text": "This is one of the things that central banks do. For example, see here for a full description of how the Bank of England manages settlements of inter-bank transactions."}
{"_id": "446889", "title": "", "text": "You pay it this tax year.  Whether that's now due to W-2 withholding, or later with your 1040 next year, or with your 1040-ES all depends on your particular situation."}
{"_id": "446893", "title": "", "text": "Lawyers who are paid quite well for it.   Who do you think mortgages the future of their firms in some case dedicating themselves to fighting those corporate lawyers for settlements when they've wronged consumers.   Unless you want to claim that having a codified legal system is bad I really don't see how thats relevant... It's like saying all people are bad because some were nazis"}
{"_id": "446904", "title": "", "text": "Quite a few Banks/brokers offer direct terminals to NSE where you can see live prices."}
{"_id": "446909", "title": "", "text": "Would opening a second credit card contribute in any meaningful way to my credit mix or no, since it's the same type of credit? Yes, multiple lines of credit help your credit score, even if they are all credit cards. There are experts on both sides of this argument though. For example, Fico says that you shouldn't open a new credit card just for the credit boost, while NerdWallet cautiously recommends it. My recommendation is that if you're disciplined with your credit spending, it will help a little. If yes, is it worth it to take the hit to my average account age sooner rather than later by opening a new credit card? If you want to build up your number of credit lines, do so well before you need to use your credit to take out a loan. Not only will your credit score take a hit from the average age dropping, but you'll also have a hard pull on your credit report. As Fixed Point points out, though, you will see a larger improvement to your credit score by adding another type of credit, such as a home loan, to your credit mix. If you are already limited your credit utilization to 10%-30% then you probably won't be able to reach your goal by just adding a credit card."}
{"_id": "446928", "title": "", "text": "From Schwab -  What are the eligibility requirements for a business to establish a SEP-IRA? Almost any type of business is eligible to establish a SEP-IRA, from self-employed individuals to multi-person corporations (including sole proprietors, partnerships, S and C corporations, and limited liability companies [LLCs]), tax-exempt organizations, and government agencies. What are the contribution limits? You may contribute up to 25% of compensation (20% if you\u2019re self-employed3) or $49,000 for 2011 and $50,000 for 2012, whichever is less. If we set the PC aside, you and the son have an LLC renting office space, this addresses the ability of the LLC to offer the retirement account."}
{"_id": "446932", "title": "", "text": "I used to work for a online payment posting company. Anytime a payment is made via Credit Card to a company that does not have PCI DSS(aka the ability/certification to store credit card information) there is a MD5 checksum(of the confirmation code, not the Credit Card information) that get sent to the company from the processor(billing tree, paypal, etc). The company should be able to send this information back to the processor in order to refund the payment.  If the company isn't able to do this, to be honest they shouldn't be taking online credit card payments. And by all means do not send your credit card information in an email. As said above, call the company's customer service line and give them the info to credit your account."}
{"_id": "446948", "title": "", "text": "Powers makes a good point: trading costs may eat up a significant portion of your ROI. A fee as little as 2% can consume more than 50% of your long-term ROI! A rule of thumb is keep your fees to less than 1%. One way to do that is to buy stock in companies that have a DRIP with a Share Purchase Plan (SPP). Often the SPP allows investors to purchase shares for low fees or free. Once you have the ability to purchase shares for (virtually) free, you can  use InvestMete. Roughly, you send more money to the companies whose share prices are near their 52-week low, and less money to those who are near their 52-week high. Getting back to your original question..."}
{"_id": "446955", "title": "", "text": "Government wasn't efficient during democrat presidencies either. Government has never been efficient. Both parties are responsible so blaming one or the other isn't going to prove or change anything. But that's not the problem here. I'm against both the parties and government in general. Long story short; the government is not, and has never been (Dems &amp; Repbs both) efficient when it comes to infrastructure spending period. Government is slow and always over budget. Let's try something new."}
{"_id": "446972", "title": "", "text": "\"Most of the answers here reflect a misunderstanding of what gold actually is from a financial perspective.  I'll answer your question by asking two questions, and I do challenge you to stop and think about what we mean when we say \"\"cash\"\" or \"\"unit of exchange\"\" because without understanding those, you will completely miss this answer. In 1971, the DXY was 110.  For people who don't know, the DXY is the US Dollar Index - it weighs the strength of the US Dollar relative to other currencies.  Hey look, it's a pretty graph of the DXY's history. In 1971, gold was $35 an ounce. The DXY is 97 today. Gold is $1170 an ounce today. Now the questions: If shares of Company A in 1971 were $10 a share, but now are $100 a share and some of this is because the company has grown, but some of it is because of inflation and the DXY losing value, what would the value of the company be if it was held in grams of gold and not dollars? Benjamin Graham, who influenced Warren Buffett, is a \"\"supposed\"\" critic of gold, yet what percent of his life were we not on a gold standard?  In his day, the dollar was backed by gold - why would you buy gold if every dollar represented gold. Finally, consider how many US Dollars exist, and how few metric tonnes of gold exist (165,000).  Even Paul Volcker admitted that a new gold standard would be impossible because the value of gold, if we did it today, would put gold in the $5000-$10000 range - which is absurd: To get on a gold standard technically now, an old fashioned gold   standard, and you had to replace all the dollars out there in foreign   hands with gold, God the price, you buy gold, because the price of   gold would have to be enormous. So, you're all left hoping the Federal Reserve figures how to get us all out of this mess without causing trouble, otherwise, let me just kindly say, you WILL realize the value of gold then. As the old saying goes, \"\"A fool and his money are soon parted.\"\"  I could be wrong, but I'd say that those who've been buying gold since 1971 for their \"\"cash holdings\"\" (not index funds) aren't the suckers.\""}
{"_id": "446984", "title": "", "text": "The relevant IRS publication is pub 463. Note that there are various conditions and exceptions, but it all starts with business necessity. Is it necessary for you to work from the UK? If you're working from the UK because you wanted to take a vacation, but still have to work, and would do the same work without being in the UK - then you cannot deduct travel expenses. It sounds to me like this is the case here."}
{"_id": "446997", "title": "", "text": "As far as I knew a similar law was already on the books, something about the commercial can be no louder than the volume of the show before it, so the show would run at say 75% of normal output volume (thus why your systems/dvd players always seem louder, they're just not cut) then they would run one loud explosion or word, scene, etc, but short enough that you wouldn't turn it down, then the commercials could be super loud."}
{"_id": "447010", "title": "", "text": "If these are children that may be employed, in a few years, it may well be worth walking them through some basics of the deductions around employment, some basic taxes, uses of banks, and give them enough of a basis in how the economy of the world works.  For example, if you get a job and get paid $10/hour, that may sound good but how much do various things eat at that so your take-home pay may be much lower?  While this does presume that the kids will get jobs somewhere along the way and have to deal with this, it is worth making this part of the education system on some level rather than shocking them otherwise. Rather than focusing on calculations, I'd be more tempted to consider various scenarios like how do you use a bank, what makes insurance worth having(Life, health, car, and any others may be worth teaching on some level), and how does the government and taxes fit into things. While I may be swinging more for the practical, it is worth considering if these kids will be away in college or university in a few years, how will they handle being away from the parents that may supply the money to meet all the financial needs?"}
{"_id": "447034", "title": "", "text": "It isn't common to lose that much value in 3 years, but it is possible. If you don't take care of small dents, scratches, etc., you can quickly reduce the value far beyond what you might expect looking at graphs.  Another big factor is the trim level of the car that you purchase. If you spend $30,000 for the highest trim level of a car, instead of $22,000 for the lowest trim level, the higher trim car could lose 50% of it's value while the lower trim car loses only 35%. There's no way to know why the OP of your linked question had such a large loss, but again, that's not the usual experience. It is definitely a good idea to consider used though."}
{"_id": "447052", "title": "", "text": "The app market in 2017:      1. Is saturated   2. Is fragmented by millions of suppliers due to low barriers of entry   3. Is rewarding free apps over paid apps.      So unless you have a solid amount of advertising budget Your choices are :    1.  Paid app -&gt; Small downloads (if at all)   2.  Free app + Ads + inApp Purchases -&gt; Shitty user experience   3.  Free app -&gt; No to low income"}
{"_id": "447066", "title": "", "text": "\"The problem above is actually a pretty good list of the concerns around life insurance.  While there is no correct answer to the question as posed, this will vary among different WSCs, there is a simpler way to think about insurance in general that may make finding what is right answer for you easier. Buying life insurance, like almost all insurance, is on average a money losing purchase.  This is simply because the companies selling wouldn't offer it if they couldn't expect to make money on it.  Think about buying insurance (a warranty) on a new cell phone, maybe if you are particularly prone to damaging cell phones it can be in your favor, but for most of the people that buy it will lose money on average. People, of course, still buy insurance anyway to protect themselves from unlikely but very bad consequences.  The big reason to make this trade off is if the loss will have big lasting consequences.  To stay with our cell phone example having to replace a cell phone, at least for me, would be annoying but not a catastrophic event.  For myself, the protection is not worth the warranty cost, but that is not true for everyone. Life insurance is a pretty extreme case of this, but I find the best question to ask is \"\"if you (you and your spouse) were to die will your dependents lives become so much worse that you really dislike the idea of not being insured?\"\" For some working seniors, they already have enough saved to bridge their kids/spouse to adulthood/old-age that insurance makes no sense.  For some, their children/husband/wife would be destitute and insurance is an obvious choice and an easy price to pay even if it is very high.  The example you suggest seems on the border and good questions to ask are: Thinking about those questions may help you understand if the protection offers is worth the cost.\""}
{"_id": "447067", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Superseded scientific theories**](https://en.wikipedia.org/wiki/Superseded%20scientific%20theories): [](#sfw)   ---  &gt;A __superseded__, or __obsolete, scientific theory__ is a [scientific theory](https://en.wikipedia.org/wiki/Scientific_theory) that mainstream [scientific consensus](https://en.wikipedia.org/wiki/Scientific_consensus) once commonly accepted but now no longer considers the most complete description of reality, or simply false. This label does not cover [protoscientific](https://en.wikipedia.org/wiki/Protoscience) or [fringe science](https://en.wikipedia.org/wiki/Fringe_science) theories with limited support in the [scientific community](https://en.wikipedia.org/wiki/Scientific_community). Also, it does not mean theories that were never widely accepted. Some theories that were only supported under specific political authorities, such as [Lysenkoism](https://en.wikipedia.org/wiki/Lysenkoism), may also be described as obsolete or superseded.  &gt;====  &gt;[**Image**](https://i.imgur.com/k5AlkZB.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Cellarius_ptolemaic_system_c2.jpg) - *The obsolete Geocentric model of the universe places the Earth at the centre.*  ---  ^Interesting: [^Imponderable ^fluid](https://en.wikipedia.org/wiki/Imponderable_fluid) ^| [^List ^of ^topics ^characterized ^as ^pseudoscience](https://en.wikipedia.org/wiki/List_of_topics_characterized_as_pseudoscience) ^| [^Falsifiability](https://en.wikipedia.org/wiki/Falsifiability) ^| [^Caloric ^theory](https://en.wikipedia.org/wiki/Caloric_theory)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjip1kq) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjip1kq)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "447068", "title": "", "text": "\"You guys come out like mosquitos whenever there is a question against Monsanto shennanigans. Playing the \"\"oh but it's not factual proven and there is no scientific evidence\"\" card when a general look from the outside suggests there is in fact some possible correlation. It's like tobacco companies and cancer, deny even when suppressed internal studies suggest differently.\""}
{"_id": "447075", "title": "", "text": "Im trying to figure out where the best place to open my pet shop would be around my city, most likely the place where people have the most dogs or spend the most money on dog supplies in my area. Essentially, I want to know if I should be looking for central property in town that is easy to get to from all around the city, or should would it be more beneficial to find a place closer to the rich suburb north of the actual city."}
{"_id": "447088", "title": "", "text": "The one near me has two dollar a drafts monday through Friday from 5-7pm. There's never anyone there, there's a patio that is right downtown. It's great. Right off the bus stop on my way home. Five beers for $16 with tip is not bad.  The food still sucks though. Never order anything from them."}
{"_id": "447090", "title": "", "text": "I took about about two weeks for the 7, but I was studying 8-12 hours a day 6 days a week. It was miserable and I would definitely recommend taking more time to spread it out. As for studying I used the Kaplan book and online tests, but in hindsight I think a class could have helped.   I didn't take the 65, but did pass the 66. Personally, I thought it was easier and took less study time than the 7, but others in my office have said the exact opposite."}
{"_id": "447116", "title": "", "text": "I understand the resolving difference process. But these is supposed to be for minor tweeks and changes. With any luck the Senate version of this bill won't look anything like the House version. The House should at least make an ATTEMPT at passing legislation that could potentially function as it's final form."}
{"_id": "447123", "title": "", "text": "Use resources like Consumer Reports and recommendations from like-minded friends to figure out brands which have a reputation for making quality clothes.  Then trust, but verify.   Ideally have a friend who sews a lot go with you on a clothing expedition if you don't know how to determine quality in clothing.  People who sew knew their fabrics, and this could be very helpful to you.  Start at places that are known for quality clothing, but make sure the reputation hasn't outlived reality.  I'd look for: Once you've identified places that you can trust, wait for sales at those stores.  I've found that shopping sales at department stores (or better, places like L. L. Bean) is cheaper than a discount retailer and much easier.  Even cheaper, go to a thrift store and look for those brands in timeless styles.  Your mileage will vary in terms of the what people throw out in your area.  Thrift stores work extremely well in high cost of living areas where people give away nearly new items."}
{"_id": "447127", "title": "", "text": "I will not thank Amazon if they dry the lake, as you put it, I enjoy the Whole Foods experience of consistent quality and nice shopping environment, it is an unique kind of market. There are plenty of options for markets around here, from Costco to Wallmart, to Target to Aldi's to Publix to Win Dixie and plenty other smaller chains. So Amazon better don't ruin the only one where it is actually enjoyable to grocery shop.  p.s. you're high :D"}
{"_id": "447163", "title": "", "text": "If your business is sex trafficking then maybe you deserve to be prosecuted.  BTW, do you have this much problem reading in general. He did not say small businesses are outliers. He said there are outliers among small businesses."}
{"_id": "447167", "title": "", "text": "In the United states the US government has the Small Business Administration. They also have Small Business Development Centers SMDC to help. These are also supported by state governments and colleges and universities.  SBDCs provide services through professional business advisors such as:   development of business plans; manufacturing assistance; financial   packaging and lending assistance; exporting and importing support;   disaster recovery assistance; procurement and contracting aid; market   research services; aid to 8(a) firms in all stages; and healthcare   information. SBDCs serve all populations, including: minorities;   women; veterans, including reservists, active duty, disabled   personnel, and those returning from deployment; personnel with   disabilities; youth and encore entrepreneurs; as well as individuals   in low and moderate income urban and rural areas. Based on client   needs, local business trends and individual business requirements,   SBDCs modify their services to meet the evolving needs of the hundreds   of small business community in which they are situated. SBDC assistance is available virtually anywhere with 63 Host networks   branching out with more than 900 service delivery points throughout   the U.S., the District of Columbia, Guam, Puerto Rico, American Samoa   and the U.S. Virgin Islands,. Your local SBDC should be able to help you identify local sources of funds, including government backed loans for small businesses."}
{"_id": "447168", "title": "", "text": "\"It's all on cable (AMC, Showtime, Starz, HBO, FX). Sure it's a limited number of channels but it's still more content than anyone can digest. Those five channels produce a ton of original content. Combined they produce almost as much as the networks.   If your argument is that most TV sucks, when has that not been true? Since TV was created there were only about 4-5 decent shows on at any time. And the good stuff is better than the old good stuff. Justified kicks the shit out of the Rifleman. Mad Men is another league than Dallas.   I watch a fuckton of TV and there is more than I can keep up with (things that are of decent quality or better).   Whining that TV sucks is class reddit \"\"I hate that things I don't like exist!\"\"\""}
{"_id": "447173", "title": "", "text": "So i made a price comparison video about world ventures to prove that their deals are actually beneficial and that this company is not a scam... The general idea on reddit is that this company is a scam. What are your thoughts after watching this video?"}
{"_id": "447178", "title": "", "text": "Some people can't even see the pattern. It drives others completely nuts.  (For those that don't know what we're talking about: Every other pixel is Green/Red or Green/Blue on AMOLED -- not RGB. This causes a diagonal pattern to emerge. http://en.wikipedia.org/wiki/AMOLED )"}
{"_id": "447197", "title": "", "text": "See my answer here What is the dividend tax rate for UK stock The only tax from US stocks you'd need to worry about would be dividend withholding tax of 30%.  If you contact your ISA provider they should be able to provide you with a W8-BEN form so that you can have this rate reduced to 15%.  Just because there's a tax treaty does not mean you will automatically be charged 15% - you must provide a W8-BEN form and renew it when it expires. That last 15% is unfortunately unavoidable.  If you were paying any UK taxes you could claim that 15% as a discount against your UK dividend tax liability, but as your US stock would be wrapped in an ISA there's no UK tax to pay which means no tax to reclaim from the tax treaty. Other than DWT though, you will pay absolutely no tax on US stocks held in an ISA to either the US or UK government."}
{"_id": "447209", "title": "", "text": "I'm on an M&amp;A team for IT and you should temper your expectations. The due diligence teams (those guys that get a first look) usually don't know enough shit to understand the ramifications for their initial decisions and it just gets worse. The incentive is to underfund the M&amp;A nearly every single time. Projects run long, some shit in IT never completes and dies on the vine after ten years. Management on the A side stops giving a shit, their good employees with the actual knowledge leave almost immediately... Documentation? None. Process adoption? None. Worthwhile employees? Already gone. M&amp;As should just be renamed Murphys because they are all just real life examples of Murphy's law. How many M&amp;As have I seen? 18. Across multiple  fortune 100s. How many were completed by the time the investors were told they would be done? 18. How many were actually done at that point? 2-3? It is literally herding cats.   M&amp;As are a necessary evil for markets but they are almost always absolute shit."}
{"_id": "447222", "title": "", "text": "Within some limitations, the dealer is allowed to approve or deny lending to anyone that it chooses.  Those constraints are the basics that you'd expect for any regulation in the US:  Race Religion Nationality Sex Marital Status Age  Source of income You can read more about them in this leaflet from the FDIC's Fair Lending Laws office. (Link is a pdf download.) As far as what to do in your mother's case, it sounds like it may be some slightly shady sales tactics, but it isn't entirely illegal... It's just annoying.  One thing you could do to try to head off some of the crazy bait-and-switch sales tactics is to communicate with a handful of dealerships in your area about the specifics of your mother's profile as a purchaser. It's much harder to give someone the run-around if you have already agreed to something in principle by email."}
{"_id": "447231", "title": "", "text": "You don't say what country you live in. If it's the U.S., the IRS has very specific rules for business use of a car. See, for starters at least, http://www.irs.gov/publications/p463/ch04.html. The gist of it is: If you use the car 100% for business purposes, you NEVER use it to drive to the grocery store or to your friend's house, etc, then it is a deductible business expense. If you use a car party for business use and partly for personal use, than you can deduct the portion of the expense of the car that is for business use, but not the portion that is for personal use. So basically, if you use the car 75% for business purposes and 25% for personal use, you can deduct 75% of the cost and expenses. You can calculate the business use by, (a) Keeping careful records of how much you spent on gas, oil, repairs, etc, tracking the percentage of business use versus percentage of personal use, and then multiplying the cost by the percentage business use and that is the amount you can deduct; or (b) Use the standard mileage allowance, so many cents per mile, which changes every year. Note that the fact that you paid for the car from a business account has absolutely nothing to do with it. (If it did, then everyone could create a small business, open a business account, pay all their bills from there, and all their personal expenses would magically become business expenses.) Just by the way: If you are going to try to stretch the rules on your taxes, business use of a car or personal computer or expenses for a home office are the worst place to do it. The IRS knows that cars and computers are things that can easily be used for either personal or business purposes and so they keep a special eye out on these."}
{"_id": "447237", "title": "", "text": "Without commenting on whether or not it's needed I don't think we are going to see a QE3 and all the political pressure is for some reason to start raising rates.  Regardless of how it plays out it's safe to say that the Fed Rate isn't going any lower.   You should also watch closely what happens to Fannie and Freddie.  If they are dismantled and government backed mortgages become a thing of the past then I think it'll become impossible for a consumer to find a 30 year fixed rate mortgage.  Even if they are kept alive, they will be put on a short leash and that will serve to further depress the mortgage market. Long story short, I'd lock your rate in."}
{"_id": "447239", "title": "", "text": "***@MSETONER***  *Twitter Profile:*  &gt;***MSE***  &gt;[*mse.com*](http://www.mse.com 'url unshortened via longurlplease.com, images rehosted by imgur.com') &gt; &gt;User since: *2012/06/22* &gt; &gt;Location: *Van Nuys, California* &gt; &gt;*MSE is the largest printer cartridge remanufacturer with production facilities based in the U.S. and a leading-edge innovator in the marketplace.* &gt; &gt;Friends: **58** Followers: **33** Listed: **1** Tweets: **29**  *Last tweet/conversation (at time of this comment):*  ***MSETONER***:  &gt;&amp;#91;2012/10/03&amp;#93;&amp;#91;21:59:03&amp;#93;  &gt;[&amp;#91;Translate&amp;#93;](http://translate.google.com/#auto|auto|MSE will be at http://t.co/kuYKOiKv 'google translate this tweet'): MSE will be at [*btasoutheast.org*](http://www.btasoutheast.org/ 'url unshortened via longurlplease.com, images rehosted by imgur.com')  [&amp;#91;This comment was posted by a bot&amp;#93;&amp;#91;FAQ&amp;#93;](http://www.reddit.com/r/tweet_poster/faq 'tweet_poster')[&amp;#91;Did I get it wrong?&amp;#93;](http://www.reddit.com/message/compose/?to=tweet_poster&amp;subject=Error%20Report&amp;message=[Oops!](http://reddit.com/r/business/comments/11uan2\\)%0d%0dPlease leave the subject and this link unaltered, but feel free to add a description here. 'report an error')"}
{"_id": "447261", "title": "", "text": "&gt;  If you pick someone up and take them somewhere, you're a taxi. It's really as simple as that.  It's nowhere near as simple as that. If you pick up your friend, you're not a taxi. If you pick up a friend of a friend, you're not a taxi. If you're a livery car, you're not a taxi. Taxis are usually defined very specifically, requiring medallions, certain car models, certain behaviors (being able to pick up fares straight from the curb), etc.  And the donation thing has been gone for at least a year.  And these ridesharing companies tend to follow regulations where they exist, like in California's [Transportation Network Companies](http://www.cpuc.ca.gov/PUC/Enforcement/TNC/).  So, when you take the time to educate yourself about the issue, the issue tends to be less simple than you previously thought."}
{"_id": "447271", "title": "", "text": "\".. 99% of the people against this proposition are 100% likely never to earn above $5 million a year .. the American Dream is strong, so people will be strongly against this type of taxes, making the entire suggestion a provocation of \"\"the unwashed masses\"\".\""}
{"_id": "447284", "title": "", "text": "\"&gt; Also twice before, with Haynsworth in 1969 and Carswell in 1970, a Democrat Senate rejected a Republican appointment so Bork was not unprecedented.    Both of which were bipartisan votes. Thirteen out of 41 republicans voted against Carswell, and 17 out of 43 for Haysworth.   &gt; The last time a Republican Senate approved a Democrat appointment?  1895.  Which would seem to suggest an imbalance, except that the GOP only controlled the Senate for a total of 8 years out of the 100 between 1895-1995  &gt;Even if you're right about McConnell's opinion, then he should have brought the nomination to the floor and insured it failed as that would have been an equal violation of the spirit of the system.  He went beyond that.  This is a fair enough point... I guess? But I can hardly fault him for not putting on the show of hearings... he had the political capital to prevent the hearings, he would've been able to whip the votes to reject the nomination. I don't see how depriving us of the extended theatre made he actions any worse. If I know I'm not buyinggsomething, I don't engage the salesman in a conversation...  &gt; &gt;&gt; The topic at hand is healthcare... &gt; &gt;Agreed, and a bipartisan healthcare bill is not possible while the Republican party acts without integrity.  And forcing them to prostrate themselves over the handful of highly publicized issues that the left is most offended by does nothing to restore their integrity. It would only serve to fire up their worst partisans with the \"\"indignity\"\" of it all. &gt; &gt; Today I see this as purposefully bringing a knife to a gunfight.  Fights to the death are zero sum games. Figuring out a way to increase the prosperity of a country is not.  &gt;Think about the ACA.  Republicans have made it an incredibly divisive issue despite the fact that the core is a Republican solution and most of the talking-point problems are either illusion on Republican caused.  They absolutely did, &gt; &gt;&gt; Deeper trenches just lead to a longer war. &gt; &gt;Bill Maher has a joke I like: \"\"The left has moved right and the right has moved into the loony bin.\"\" &gt; &gt;  Republicans now push mantras like \"\"Government is the problem, not the solution\"\", \"\"Freer markets lead to more opportunity\"\", \"\"You will get more money by letting the rich keep more of theirs\"\", and \"\"Immigrants and the poor are taking your job.\"\"  This narrative is toxic and is only emboldened with Democrat willingness to keep communication open.  All this ignorance is perpetuated by the climate of us versus them that only gets worse every time you double down. The hotter the conflict, the easier it is for the shit heel idealogues on either side to fan the flames, and the less use government is to any of its citizens.   &gt; &gt;Thanks for your well thought out reply, /u/BigKev47.   And yours as well. I haven't been by /r/economy for a while, but this has been a far better discussion than I've had in months on the more \"\"neutral\"\" subs.\""}
{"_id": "447286", "title": "", "text": "Here is an excellent article on the 7-Day yield and how to calculate the interest you would receive. So if you invested $1000 for 30 days: (0.0001 * $1000) / 365 ~= $0.000274 per day. Multiply by 30 days to yield $0.008 in interest."}
{"_id": "447292", "title": "", "text": "\"You must buy both tickets in 1 transaction and the purchased ticket cannot be purchased with miles. You'll pay full price (technically a \"\"paid published coach airfare\"\") for the first ticket and enter in your discount code for the companion fare which will ring up as $99 + fees ($118 in your example). If the regular price is $500, you'll book 2 tickets for $618 (one fare at $500 and companion fare at $118).     Companion Fare Discount Code Q & A What is the Companion Fare Discount Code that comes with my credit   card?  The Companion Fare Discount Code is offered to holders of the   Alaska Airlines Visa Signature\u00ae Card, The Platinum Plus\u00ae MasterCard\u00ae   and the Visa\u00ae Business Card. This Discount Code entitles the   cardholder to purchase one round-trip coach companion fare on Alaska   Airlines from $121 (USD) ($99 base fare plus applicable taxes and fees   from $22 depending on your Alaska Airlines flight itinerary) when   traveling with another passenger on a paid published coach airfare on   the same itinerary, booked at the same time. Mileage cannot be used as   a form of payment, however mileage credit accrual is allowed for both   travelers. Travelers are responsible for all applicable taxes, fees,   surcharges and applicable checked baggage fees. The Companion Fare   Discount Code is not valid with award travel, and cannot be combined   with other discounts. Source: Alaska Air Companion Fair Q&A\""}
{"_id": "447294", "title": "", "text": "The only way I've seen mezz work for more than one cycle is the hard money model.   Stay away from glory assets.  Maturities of a year or two max.  Have the stomach and wherewithal to foreclose quickly when the borrower defaults.  Keep the (C)LTV under 70, where the V is not aspirational.  Unitranche is generally better because it simplifies and, therefore, expedites things.    All that requires sitting on dry powder while your competitors are busy and then it will cost you relationships in your other funds/divisions when you ramp up. This is why most lenders succumb: they tie their managers' careers to the short term, which, to be fair, is much easier to measure.  This also applies the broader mezz market beyond RE."}
{"_id": "447303", "title": "", "text": "For question #1, at least some US-based online brokers do permit direct purchases of stocks on foreign exchanges. Depending on your circumstances, this might be more cost effective than purchasing US-listed ADRs. One such broker is Interactive Brokers, which allows US citizens to directly purchase shares on many different foreign exchanges using their online platform (including in France). For France, I believe their costs are currently 0.1% of the total trade value with a 4\u20ac minimum. I should warn you that the IB platform is not particularly user-friendly, since they market themselves to traders and the learning curve is steep (although accounts are available to individual investors). IB also won't automatically convert currencies for you, so you also need to use their foreign exchange trading interface to acquire the foreign currency used to purchase a foreign stock, which has plusses and minuses. On the plus side, their F/X spread is very competitive, but the interface is, shall we say, not very intuitive. I can't answer question #2 with specific regards to US/France. At least in the case of IB, though, I believe any dividends from a EUR-denominated stock would continue to accumulate in your account in Euros until you decide to convert them to dollars (or you could reinvest in EUR if you so choose)."}
{"_id": "447307", "title": "", "text": "read diffusion of innovation, it will do you some good. Tesla is taking an incredibly intelligent and intuitive approach to restructuring the entire automotive industry (from production to sales). your views seem very short sighted where as tesla management is looking very long term."}
{"_id": "447320", "title": "", "text": "&gt; It would be very difficult to maintain in any large organization, and I would imagine that it makes recruiting good talent much harder.  Well, it works well enough for the US military and its 1.5 million employees.  And they still manage to pull some of the best individuals in the country in."}
{"_id": "447336", "title": "", "text": "Don't forget the risk of not finding tenants and having your property be empty. Or having bad tenants who destroy the place. Or just spending all your time  (because time is money) on general upkeep/maintenance (or, if you subcontract that out, making sure a decent job was done)"}
{"_id": "447344", "title": "", "text": "Mervis Diamonds specializes in diamond engagement rings and wedding bands, diamond studs, and much more. With their roots at diamond mines in South Africa, they maintain strong relationships and import all their own diamonds. Every stone they have has been hand selected by Zed Mervis for superior Cut and brilliance."}
{"_id": "447348", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Tesla Motors**](https://en.wikipedia.org/wiki/Tesla%20Motors): [](#sfw)   ---  &gt;  &gt;__Tesla Motors, Inc.__ is an American company that designs, manufactures, and sells [electric cars](https://en.wikipedia.org/wiki/Electric_car) and [electric vehicle](https://en.wikipedia.org/wiki/Electric_vehicle) [powertrain](https://en.wikipedia.org/wiki/Powertrain) components.  Tesla Motors is a [public company](https://en.wikipedia.org/wiki/Public_company) that trades on the [NASDAQ](https://en.wikipedia.org/wiki/NASDAQ) stock exchange under the symbol TSLA.  In the first quarter of 2013, Tesla posted profits for the first time in its ten year history.   &gt;Tesla Motors first gained widespread attention following their production of the [Tesla Roadster](https://en.wikipedia.org/wiki/Tesla_Roadster), the first fully electric [sports car](https://en.wikipedia.org/wiki/Sports_car).  The company's second vehicle is the [Model S](https://en.wikipedia.org/wiki/Tesla_Model_S), a fully electric [luxury sedan](https://en.wikipedia.org/wiki/Luxury_sedan).   &gt;Tesla also markets [electric powertrain](https://en.wikipedia.org/wiki/Electric_powertrain) components, including [lithium-ion battery](https://en.wikipedia.org/wiki/Lithium-ion_battery) packs to automakers including [Daimler](https://en.wikipedia.org/wiki/Daimler_AG) and [Toyota](https://en.wikipedia.org/wiki/Toyota).  Tesla's [CEO](https://en.wikipedia.org/wiki/CEO), [Elon Musk](https://en.wikipedia.org/wiki/Elon_Musk), has said that he envisions Tesla as an independent automaker,  aimed at eventually offering electric cars at prices affordable to the average consumer.    &gt;====  &gt;[**Image**](https://i.imgur.com/RLy3cLu.png) [^(i)](https://en.wikipedia.org/wiki/File:Tesla_Motors_logo.svg)  ---  ^Interesting: [^Tesla ^Roadster](https://en.wikipedia.org/wiki/Tesla_Roadster) ^| [^Tesla ^Model ^S](https://en.wikipedia.org/wiki/Tesla_Model_S) ^| [^Elon ^Musk](https://en.wikipedia.org/wiki/Elon_Musk)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjiyvz8) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjiyvz8)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "447353", "title": "", "text": "\"I think that people only use the phrase \"\"only spend what you can afford to lose\"\" when they are talking about the most risky or speculative investments, or even gambling.   When talking about gambling, the following quote is a bottom line: The speculative investment that brought me to this question via google is how much should I invest in Bitcoin?  I was tempted to put in 10% of my investments, not including the 6 month safety fund and not including equity in my home.  Now thinking about this question, it seems that it depends on your income as a percentage of your investment income (which should grow in proportion to the whole over time).  For example: Early stage of career, not much investment income: 20% Mid career: 5% Mid-late career, moving to more safe investments: 5% Late career, retirement: 1% Another way to calculate would be as a percentage of the amount you put into retirement savings per year.  Maybe 10% of this figure when you're young and 1% nearer to retirement.\""}
{"_id": "447354", "title": "", "text": "\"Forbes has an article investigating this. Here are the key parts: On line at the bottom of the list of funds there is an entire screen   of grey-faded micro print which includes this telling disclosure: TD Ameritrade receives remuneration from certain ETFs (exchange-traded     funds) that participate in the commission-free ETF program for     shareholder, administrative and/or other services. In other words, TD Ameritrade is now enforcing a pay-to-play for their   so-called commission-free exchange-traded funds. They are willing to   forego their $6.95 trading commission in favor of remuneration   directly from the ETF vendors. Because Vanguard refuses to pay such   money to custodians, they are no longer being allowed to play. and Joseph Giannone, a TD Ameritrade spokesman, was quoted as saying,   \"\"With any business decision, client needs are paramount, but the   underlying economics of programs can\u2019t be ignored. ... In line with   industry practices, certain providers pay servicing, administrative or   other fees. Vanguard elected not to be a part of the new program.\"\" So basically it sounds like Vanguard, and presumably iShares as well, were unwilling to pay TD Ameritrade to continue offering their ETFs commission-free.\""}
{"_id": "447358", "title": "", "text": "You should have drafted a contract of purchase that stipulated out equity stake in the home based of his down payment and yours, along with future monthly payments.  But morally, if the house sells, yielding 100,000 profit (after fees/taxes/etc), you should get ( To Calculate Your Cut: (20,000 + Your Total Mortgage Payments Applied to Principle) / (1,900 + His Total Mortgage Payments Applied to Principle Only) * Profit on Sale of House After All Fees = Your Cut His would be: (1,900 + His Total Mortgage Payments Applied to Principle Only) / (20,000 + Your Total Mortgage Payments Applied to Principle) * Profit on Sale of House After All Fees = His Cut You'd then take mortgage payment totals for each; and calculate the payments made towards interest; and claim the correct amount each of you paid on payments for the mortgage interest deduction when you file your taxes. Although, depending on how the loan is written, the banks may issue 1099s which dont reflect actual payments made... Talk to an accountant."}
{"_id": "447360", "title": "", "text": "The untamed life and the standard eminence of the country is unrivaled as found in Visit Somalia. A considerable measure of the animal documentaries about African common life you see on TV. Somalia has a dry or semiarid atmosphere. The eastern coast of Somalia, specifically confronts the Indian Ocean. For an energizing, charming, change and positive visit involvement in longest African coast, we offer alluring visit bundles that satisfy each intrigue and craving."}
{"_id": "447362", "title": "", "text": "Not to my knowledge. That would still make me responsible for maintaining separate accounts w/ each website that I regularly used - while the ideal method of billing for content would be automatic and backgrounded with only a single point of contact.  Sort of like how you don't pay for separate channels w/ cable subscriptions, you pay the cable network and they sort out the pricing for the various channels based on viewership stats."}
{"_id": "447366", "title": "", "text": "It seems to me to be a pyramid scheme, where the holder will reach a point where they decide to sell for more traditional currency or throw it into the traditional economy through mass purchasing. The sudden increase in supply of bitcoin will help the eventual plummet in value and leave a lot of people in the cold with billions in real dollars lost by those who are still holding bitcoin to those who dumped it all before the crash. Why? It's unregulated. The one characteristic that might draw people to it will be the cause of it's demise."}
{"_id": "447385", "title": "", "text": "\"The United Nations is already working on stripping us of our world reserve currency status. So are the BRICs. People think we need to maintain the status quo and give a specific country the world reserve currency. There are serious discussions to create a \"\"neutral\"\" global currency so no country has an edge.  I found a lot of posts on the topic, but am linking to a really interesting post from a well known publication http://www.nypost.com/p/news/opinion/opedcolumnists/how_us_debt_risks_dollar_doomsday_j8dxHSYWUa22QpSN7ttOIL:  &gt;The US dollar is getting perilously close to losing its status as the world\u2019s reserve currency. Should it cross the line, the 2008 financial crisis could look like a summer storm. Yes, worries about insolvency in Europe dominate the headlines. Last week, Standard &amp; Poor\u2019s cut Spain\u2019s bond rating to BBB+ \u2014 a clear sign that Europe\u2019s financial crisis is far from over. But America\u2019s escalating debt problem is far more likely to precipitate a truly global crisis, because the dollar has for decades played such a central role in the world economy. How bad is the US problem? Former Treasury official Lawrence Goodman recently pointed out that investors are shunning US bonds and notes; the lack of other buyers forced the Federal Reserve to buy \u201ca stunning . . . 61 percent of the total net issuance of US government debt\u201d last year. Like many others, he warns that ballooning debt puts the US economy at risk for a sharp correction.  REUTERS The greenback\u2019s losing to the yuan.  But the even larger risk is the potential loss of the dollar\u2019s \u201creserve currency\u201d status \u2014 a key support of the world economy for the last four decades. It started with the 1973 Saudi commitment to accept only US dollars as payment for oil, followed by OPEC\u2019s 1975 agreement to trade only in dollars. Trading of other commodities came to be priced in dollars, reinforcing the dollar\u2019s \u201creserve\u201d status. As a result, central banks worldwide have held onto large reserves of dollars to facilitate trade. That, in turn, has enabled the US to print much larger amounts of its currency, with seemingly little inflationary consequences. It\u2019s also made it easier for Americans to import more than they export, to consume more than they produce, and to spend more than they earn. But all that is changing rapidly. A number of countries are abandoning the dollar for the Chinese yuan. Last December, Japan and China agreed to trade in yen and yuan. In January, the 10 nations of the Association of Southeast Asian Nations finalized a non-dollar credit agreement equivalent to $240 billion, strengthening their economies\u2019 links with China, Japan and South Korea. That same month, Chinese Premier Wen Jiabao signed a currency-swap agreement with the United Arab Emirates, which holds 7 percent of the world\u2019s oil reserves. Iran has agreed to accept rubles and yuan in trade with Russia and China, and now is trading oil with India in rupees and gold. In late March, the China Development Bank agreed with its counterparts in Brazil, Russia, India and South Africa to eschew dollar lending and extend credit to each other in their own respective currencies. With global demand for dollars falling, central banks around the world will inevitably reduce their dollar reserves. That selloff further weakens the dollar against other currencies and in turn drives up inflation. All this comes as US federal debt is soaring, adding to concerns about the future value of that debt and of the dollar. It\u2019s suddenly much easier to imagine a dollar collapse \u2014 which would be a highly unexpected occurrence, known as a \u201cblack swan\u201d event. This would precipitate unprecedented disruption, because the dollar remains the world\u2019s most important currency. Let\u2019s hope we can avert a global crisis triggered by reckless US government spending. What\u2019s needed is new leadership in Washington with the courage to get our fiscal house in order and to defend the dollar against attack in a competitive global market.  Here is another opinion on the topic http://seekingalpha.com/article/475381-reserve-currency-china-sun-rises-u-s-sun-sets.  Edit: Let me add if we are constantly adding stimulus from the central banks, we are going to be seriously jeopardizing the faith the rest of the world has in us as well. The Fed was the buyer of what like 10% of our bonds before the crisis? Now they are buying 60%. We have using quantitative easing and stimulus for three years to fix the economy. If we were suddenly having a riproarding recovery that would be fine because people would know we would be ready to start paying down our debts. However, we have spent trillions and our GDP growth is about two thirds the average since 1947. That's a sign that there is something perilously wrong with our economy right now. Clearly not an argument to end stimulus, because without it we would be in a major depression. The problem is that once people realize that they will question how stable our economy really is.  Your argument that we are the most stable economy in the world and deserve the reserve currency status is circular logic. We have had the reserve currency status since 1944. That has helped us maintain the stability the rest of the world hasn't enjoyed for a very long time. Without it we may never have become anything near the country we are today. It gave us access to tremendous capital which we were able to use to expand our nation incredibly. We have built an empire on our ability to take on massive amounts of debt. I am sure we would have been a superpower without it, but no one can say how much humbler or how harder other recessions would have been if we had never been granted that privilege.\""}
{"_id": "447415", "title": "", "text": "I certainly think there is some truth here but a lot of those jobs have become more competitive because of schooling requirements. You don\u2019t have to study to be electrician but It\u2019s 2017, it will certainly give you a leg up. Everyone requires some kind of schooling. Unions are great but those dying or dead in most places. It\u2019s nice your husband\u2019s place offers apprenticeships because those are few and far between today.   I think it\u2019s partially true that people don\u2019t look in the right places. I don\u2019t think people are lazy. Then you also have to keep in mind socio-economic status. A lot of people are very poor and mildly educated and those jobs just aren\u2019t there for them. It\u2019s beyond a jobs problem at this point. A lot of people are studying people in grinding poverty like PTSD victims.   This is why I was trying to say that I don\u2019t really know how to fix it. A lot of people are beyond help at this point and telling them to get off their lazy ass and get a job isn\u2019t as easy as it sounds. It\u2019s great your husband has a union and a good job but that\u2019s not the case for everyone. There are a lot of moving parts there. Check out a little background research on that. It brings a little more perspective. It\u2019s complex.   Edit: I\u2019m reading that a lot of trade unions will sponsor apprenticeships which goes to my other point that unions are dead. Come to Wisconsin and try to find a union job. Good fucking luck."}
{"_id": "447417", "title": "", "text": "The only way that a more distributed government can be established in a polity larger and less socially connected than that of a tribe, is through brute force. If you think that the USSR was a model of good government and distributive economics, push for force.   Government that rules over groups of people that do not share a close cultural connection can either be a very loose arrangement or it can rule with the force of a brutal state. An Empire with different ethnic, linguistic, racial and national origin groups spread out over a large area can only redistribute wealth by stealing it with force and then it will be handed out to those with political connections. That is exactly what is happening now. The people that are receiving the distribution of the Federal government today are the Primary Dealer Banks"}
{"_id": "447442", "title": "", "text": "Our professional DJs will meet you a few times before your party, in order to understand what you exactly want and what sort of mood you would like to create for your party. We provide the best Disco equipment hire in Northampton. If you want to DJ equipment at a rent you can contact us. Here are some interesting facts to understand better what the life of a wedding disc jockey."}
{"_id": "447447", "title": "", "text": "\"&gt;However, they must be willing to accept it. If you attempt to pay them in USD, however, they can't refuse.  And this is precisely the problem.  People should be allowed to contract in whatever money they want to.  If someone changes his mind and says \"\"oh I want the dollar-equivalent instead of Francs\"\", that change shouldn't be honored.  Forcing people to accept dollars creates an artificial demand for dollars.  &gt;So why not start attempting to pay for things in semiconducters?  If people voluntarily choose to, what's the problem?\""}
{"_id": "447473", "title": "", "text": "I think what actually happens is that at the very high end, people with high SAT scores don't go into Science or Math, not that they fail to graduate (I am pretty sure there is a positive correlation with graduation and SAT scores). If you look at graduation surveys at Harvard, half of the students go into finance and consulting. Tech has increased in the last few years because of increased salaries and increasing popularity of programmers/engineers in popular culture.  Basically, the statistic says nothing about the competence of the student. If you randomly select a Harvard student, you will probably get someone whose specialty will be finance or consulting. Graduation rates at Harvard are higher than the average state or community college. But you are right that this is completely irrelevant anyways because an employer will only look at students who have a degree from the right major(s)."}
{"_id": "447475", "title": "", "text": "\"&gt; They just presume that because mcdonalds pulled out these guys will just close up shop lol.  That's not really what it's saying.  The global business community doesn't care if 169 McPatels burger joints open in northern India next month, because none of the readership will be invested in Mr Patel's restaurants (or Connaught Plaza Restaurants Pvt Ltd, as the case may be).  When it says \"\"McDonalds will close the stores\"\" it means that McDonalds will have that many fewer stores in India, which may affect its regional influence and relevance (making it harder to find more franchises, increasing the cost of regional advertising on a per-meal basis).  The article discusses the stock price of McDonalds' international - the fast food options in Bareilly, Uttar Pradesh, are not of major concern to an international audience.\""}
{"_id": "447478", "title": "", "text": "I don't know of any that are comparable to credit cards. There's a reason for that. Debit cards, being newer, have a much lower interchange rate. Since collecting on debt is risky and less predictable, rewards / miles are paid from those interchange fees. This means with a debit card there's less money to pay you with. So what can you do? Assuming your credit isn't terrible, you can just open a credit card account and pay in full for purchases by the grace period. I don't know how all cards work, but my grace period allows me to pay in full by the billing date (roughly a month from purchase) and incur no finance charges. In effect, I get a small 30 day loan with no interest, and a cash back incentive (I dislike miles). You're also less liable for fraud via CC than debit."}
{"_id": "447482", "title": "", "text": "if you have a work-sponsored retirement plan  A 401k plan counts as a work-sponsored retirement plan. If you are a highly compensated employee (this is $115,000 for 2012), even your 401k contributions are limited.  Given that, is there any difference at all between having a traditional IRA and a normal, taxable (non-retirement) investment account?  You should consider a Roth IRA if you are making too much for a traditional IRA. When you make even more, then you can't contribute to a Roth, but can only contribute post-tax money to a traditional IRA.  Use Form 8606 to keep track of non-deductable contributions over the years. Publication 590 is the official IRS explanation of what is deductable or not."}
{"_id": "447488", "title": "", "text": ""}
{"_id": "447498", "title": "", "text": "Consider not buying the house? Consider a cheaper property? What are your actual goals? Owning vs renting? Perhaps an actual investment goal? What is your rent now vs the mortgage on the house? What is the time frame for the mortgage you are considering?  Those are the real questions you need to ask yourself. It does sound like you can become overleveraged with this property, although your down payment is quite substantial, but one single thing goes wrong and your cash flow is irreparably constricted. I personally wouldn't take that risk if I had the same forecast of expenditures, but this could be altered if there were particular investment goals I had in mind."}
{"_id": "447499", "title": "", "text": "Is that really true though?  He brought in via hedge fund when the stock was multiples more in 2004.  He loaned it a bunch of money, many billions.  He gets the Sears commerial real estate via Seritage but anyone who seen commercial real estate lately knows the market is flooded with excess square footage, retail is being stomped in general, and that Sears/Kmart strip malls in many cases aren't the prime areas anymore.  I can see him making out better than the average Stockholder who keeps on holding onto it but nowhere near recuperating his investment.  In fact, the average guy could and would have dropped it long ago with an simple website login, these big investors don't have that luxury of dumping stock on a whim so they go down with the ship.  http://fortune.com/2017/03/31/sears-eddie-lampert-net-worth-hedge-fund/"}
{"_id": "447502", "title": "", "text": "\"Chance presented me with the opportunities. Hard work enabled me to be prepared to take those opportunities when presented. Had the opportunities that I did take not presented themselves I was very prepared to move on to the next ones. I always say, \"\"I have backup plans for my backup plan's backup plan.\"\"\""}
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{"_id": "447508", "title": "", "text": "Your brokerage account statement should report the Questar cost basis adjusted for the spinoff (and would have done so starting the day the spinoff happened), shifting the portion of it over to your shiny new QEP stock based on the opening price. At what price did you buy into Questar? The Questar IR site also has a document with more detail."}
{"_id": "447509", "title": "", "text": "\"You are comparing \"\"market caps\"\" and \"\"enterprise value\"\".  If the company has four billion dollars cash in the bank, then the value would be four billion plus whatever the business itself is worth as a business. If the business itself is only worth 400 million, then you would have 4.4bn market caps and 400 million enterprise value. The \"\"enterprise value\"\" is basically how much the business would be worth if it had no cash or no debt.  These numbers would be a very unusual situation. It could happen for example if a big company has sold 90% of its business for cash. When you buy a share of the company, you get a tiny share of the business and you own a tiny share of the cash. This stock will very likely keep its value, but won't make much money.  On the other hand, more common would be a company where the business is worth 4bn, but the company has also 4bn debt. So it is worth exactly zero. Market caps close to zero, but enterprise value $4bn, because you ignore the debt in the enterprise value.  Edit: Sorry, got the \"\"enterprise value\"\" totally wrong, read millions instead of billions: Your numbers would mean that you have a huge, huge company with close to 440bn debt. Most likely someone made a mistake here. A \"\"normal\"\" situation would be say a company with a business that is worth $500 million, but they have $100 million debt, so market caps = $400 million but enterprise value = $500 million.  PS. Yahoo has the same nonsense numbers on their UK site, and for other companies (I just checked Marks and Spencer's which apparently has an enterprise value of 800 billion pound with a totally ridiculous P/E ratio.\""}
{"_id": "447521", "title": "", "text": "\"I'm searching for a master's thesis topic in equity investment or portfolio management and I'd be grateful if someone could tell me what are the hot \"\"trends\"\" going on right now on the market? Any new phenomenons (like the rise of blockchain, etf... but more relate to the equity side) or debates ( the use of the traditional techniques such as Beta to calculate WACC for example ...) ?\""}
{"_id": "447524", "title": "", "text": "I recently drove past Winslow, Arizona and knocked out the fuel pump in my truck. It cost $500 to repair, and the tow would have been another several hundred if I hadn't had a Good Samaritan's club card, since it was the weekend. 2-3 days would not be acceptable in this sort of scenario. And that was just the fuel pump!"}
{"_id": "447552", "title": "", "text": "The Vanguard Short-Term Bond Index mutual fund (VBIRX) might fit your need. Apart from 2008, it has only had one single quarter of negative returns, and has always had positive annual returns. If you're looking for an ETF, you might consider iShares Barclays 1-3 Year Credit Bond (CSJ)."}
{"_id": "447555", "title": "", "text": "Haha. I'm not suggesting you had anything to do with this particular incident, just that lots of people know about these things before they hit the news so you basically have to be the person doing it to have any advantage on the market. Such stories typically hit the news a long time after regulators, large investors and people working in the industry hear about them."}
{"_id": "447562", "title": "", "text": "\"Realize this is almost a year old, but I just wanted to comment on something in Dynas' answer above...  \"\"Whenever you trade always think about what the other guys is thinking. Sometimes we forget their is someone else on the other side of my trade that thinks essentially the exact opposite of me. Its a zero sum game.\"\" From a market maker's perspective, their primary goal is not necessarily to make money by you being wrong, it is to make money on the bid-offer spread and hedging their book (and potentially interalize). That being said, the market maker would likely be quoting one side of the market away from top of the book if they don't want to take exposure in that direction (i.e. their bid will be lower than the highest bid available or their offer higher than the lowest offer available). This isn't really going to change anything if you're trading on an exchange, but important to consider if you can only see the prices your broker/dealer provides to you and they are your counterparty in the trade.\""}
{"_id": "447566", "title": "", "text": "I worked at a for-profit school, one associated with Full Sail University.  I can say this from experience:  -Most of the people receiving stipends (loan money from federal or private sources) are black and from low-income neighborhoods.  -In SOME instances the people enrolled in the school were obviously mentally ill and very likely homeless.  -Most of the people receiving stipends either drop out themselves or are dropped for poor academic progress and attendance.  This is after a hefty debt is built up.  -The school goes to extraordinary lengths to enroll military vets.  I can't say anything about admission tactics other than they check to see if you have a high school degree.  Personally I would never go to these type of schools."}
{"_id": "447567", "title": "", "text": "That doesn't sound like dollar cost averaging. That sounds like a form of day trading. Dollar cost averaging is how most people add money to their 401K, or how they add money to some IRA accounts. You are proposing a form of day trading."}
{"_id": "447571", "title": "", "text": "&gt; You see zero ads? Really? Have you watched a YouTube video recently?  It's funny that statement has been met repeatedly now with disbelief where most people would simply ask how I block all of the ads. Which I assure you, I am doing."}
{"_id": "447576", "title": "", "text": "\"Traditional insurance agent guy here.  There is no right answer in my opinion because your individual needs cannot be generalized.     There are a variety of factors that influence the price charged to you including but not limited to your past claims history, geographic location, credit profile, and the carrier's book of business itself.  This is just a small sampling, in reality their pricing calculations may be far more complicated.  The point is there is no one-size-fits all carrier.   My agency works with 15 different carriers.  Sometimes we can offer the best combination of coverage and cost to a prospective client that beats their existing coverage; other times we are nowhere close to being competitive.   The most important thing you can do is find a person/site/company you can trust and one that does not take advantage of you.  Insurance policies are complex and \"\"getting the best deal\"\" may oftentimes mean lessening coverage without realizing it.  So I would recommend using whatever service channel (online, phone, local agent) that's most convenient and consultative for you. And otherwise, shop around once every year or two to make sure you're still getting the most for your money.\""}
{"_id": "447580", "title": "", "text": "\"The typical down-payment was expected to be 20%.  The idea being that if one could not save 1/5 of the cost of a house, they were not responsible enough to ensure repayment of the loan. It is hard to say whether this is truly a relevant measure.  However, in the absence of other data points, it is pretty decent.  It typically requires a fair amount of time to amass that much money and it does demonstrate some restraint.  (e.g. it is easily the cost of a decent new car or some other shiny \"\"toy.\"\") Income is not necessarily a good measure, on its own.  I am certainly more responsible with my spending when I have less money to spend.  (Lately, I have been feeling like my father, scrutinizing every single purchase down to the penny.)\""}
{"_id": "447593", "title": "", "text": "Based on my research, the answer is both. You would pay taxes on the bitcoin you mine as income, and then capital gains tax when you sell them for a profit (or capital loss if you lose value on the sale).  You can write off a portion of your electricity bill and hardware purchased for the use of mining as a business expense, but it's recommended that you consult a tax professional for determining the proper amount that is eligible for a deduction.  From Forbes: New Bitcoin are being issued by the system roughly every 10 minutes by   a process called mining. In mining, computers running the Bitcoin   software around the world attempt to solve math problems and the first   computer to come up with the solution adds the most recent   transactions to the ledger of all Bitcoin transactions, plus receives   the new bitcoins created by the system, called the block reward. If you are a miner and win the block reward, you must record the fair   market value of Bitcoin that day and mark that as an addition to your   personal or business income. Also note the date and timestamp at which   your coins were mined. Later, when you dispose of those Bitcoin, you   will subtract the date of acquisition from the date of disposal, and   you will be taxed a long-term capital gains rate on any Bitcoin you   held for more than a year, and a short-term capital gains rate on any   Bitcoin you held for a year or less. (The timestamp isn\u2019t absolutely   necessary, but is helpful to validate the order of multiple   acquisitions or disposals within a day.) The amount you pay in taxes on a long-term capital gain will depend on   your income-tax bracket, while short-term capital gains are taxed the   same as ordinary income. From bitcoin.tax:  Another clarification in the IRS's March notice was how mining should   be treated. Mining is income, on the day of receipt of any coins and   at the fair value of those coins. This means that if you mined any   Bitcoins or alt-coins either solo, as part of a pool, or through a   cloud provider, you need to report any coins you received as income. Where it is less clear, is what that dollar value might be, since the   fair value is not always as easy to determine.  Bitcoins, Litecoins,   Dogecoins, are all examples of where there is a direct USD market and   so you can easily find out their value of any given day. However, a   newly created alt-coin that was mined in its early days has no direct   market and so how do you determine its value? Or for any alt-coin,   e.g. ABC coin, that has no direct USD market but does have a BTC   market. Does it have a value? Do you have to make a conversion from   ABC to BTC to USD?  Since there is no clarification yet from the IRS on   this issue you should discuss how to proceed with your own tax   professional. BitcoinTaxes has taken a prudent approach and calculates   value where a fiat or BTC market exists, converting an alt-coin to BTC   to USD as necessary. And from Bitcoin magazine: The IRS also stated mined bitcoins are treated as immediate income at   the market value of those mined coins on their date of mining. \u201cMost don\u2019t know they can write off any losses they have,\u201d said Libra   founder Jake Benson. \u201cThe IRS allows you to offset income by up to   $3,000 per year on capital losses.  If you have losses and you aren\u2019t   writing them off, then it\u2019s like throwing money away. Nobody likes   doing taxes, but if you can owe less or increase your return, then   doing your Bitcoin taxes often results in a benefit. In fact, the   majority of our users are filing a capital loss, which means they\u2019ve   actually saved money by using our tool.\u201d  Benson also gives insight for miners.  \u201cMining is considered income, so know the price of Bitcoin at the time   you mined it,\u201d he said. \u201cIf you make money on Bitcoin trading, the IRS   requires that you report gains with line level detail.\u201d  The   appropriate form for that is 8949, a sub-form of schedule D. Gains and   losses, as outlined above, are treated like every other capital asset."}
{"_id": "447597", "title": "", "text": "I use MoneyStrands.com to manage my spending. It's a lot like Mint, but provides support for more banks, and works with most Canadian financial institutions. I can't really compare them fairly though, since I didn't bother with Mint after learning that they don't care about Canadians. If your bank isn't supported by MoneyStrands, or you don't want to trust an online webiste with your account login, you can create accounts for manually uploaded files. It just means you have to log into your bank yourself, download the transactions as QFX, OFX, CSV or other supported formats, and then upload the files to the appropriate account in MoneyStrands. I love the expense tracking and reporting that MoneyStrands offers, but like Mint, their budgeting feature is seriously lacking. Fortunately I don't need to budget month-to-month, I just use it to see how much I spend on various categories, to help create annual budgets and decide how much I can invest or use for a vacation."}
{"_id": "447605", "title": "", "text": "Before scheduling the treatment, our specialists typically performs a patch test to see if the client is a suitable candidate for this hair removal treatment. A successful treatment would require the client to avoid shaving or waxing altogether before the procedure to reduce the likelihood of skin sensitivity."}
{"_id": "447619", "title": "", "text": "\"Why is nobody providing a service that is basically: Give me your money. I will invest it as I see fit. A year later I will return the capital to you, plus half of any profits or losses. This means that if your capital under my management ends up turning a profit, I will keep half of those profits, but if I lose you money, I will cover half those losses. Because they can already make lots of money by just charging people an unconditional fee and not having to cover their losses.  Why take on the risk of having to cover your losses when they can just take a percentage of your assets and stick you with any losses? In addition, as Charles E. Grant mentioned in a comment on another answer, if a person has both sufficient capital to cover your losses and sufficient confidence in their investing acumen that they don't think they will have to do so, they have little need for your money.  Rather than take half the gains on your money, they will invest their own money (they must have some, or else they can't guarantee your losses) and take all the gains. Your scheme would only be plausible as a partnership between a person with investing skills but little capital, and another person with ample capital and less skill.  In that case, the investment whiz could genuinely benefit from access to the bankroller's capital.  As quid noted in chat, this does exist in the form of ad-hoc private equity arrangements between individuals.  However, such a setup is unlikely to exist as an \"\"off-the-shelf product\"\" marketed at retail investors, because financial institutions have more capital than any individual retail investor -- and, more generally, anyone with sufficient skill to pull this off will (at least in theory) quickly accumulate enough capital that they can negotiate a less risky payment plan.\""}
{"_id": "447625", "title": "", "text": "I believe there are electronic exchanges that run continuously,  but the older ones don't want to change their practices since some people may have strategies which  (claim they) are based on this behavior so there would be a lot of unhappy people if it was altered. The pause doesn't seem to do any harm. There are alternatives if you dislike it. Don't try to fix what isn't broken."}
{"_id": "447637", "title": "", "text": "For ankle and foot problems, you really need to visit Foot and Ankle Clinic Gilbert. Check out Dr. Mikkel Jarman, DPM, Gilbert Podiatrist. Phone 480 497-3946 or PreferredFootAnkle.com. He is one of the best Foot Doctors in Gilbert AZ offering gentle relief."}
{"_id": "447639", "title": "", "text": "&gt;When you get close to a border, the signal will bounce back and forth between the two countries.  I don't see any difference in our comments.  The problem is there is no roaming contract with Jordan. The question is how far into Jordan they are claiming the signal went, if at all, as opposed to just a border pickup."}
{"_id": "447641", "title": "", "text": "When they stop paying fines and damages for these issues and stop losing money by screwing up? When they do illegal things on a wide scale in the portion of business that actually matters in terms of profit and revenue - IB and corporate services.   Why would they be a criminal Enterprise after having 2 widely publicised issues that realistically affect a tiny portion of its business?"}
{"_id": "447651", "title": "", "text": "Is the remaining amount tax free? As in, if the amount shown (which I can sell) on etrade is $5000 then if I sell the entire shares will my bank account be increased by $5000? The stocks they sell are withholding.  So let's say you had $7000 of stock and they sold $2000 for taxes.  That leaves you with $5000.  But the actual taxes paid might be more or less than $2000.  They go in the same bucket as the rest of your withholding.  If too much is withheld, you get a refund.  Too little and you owe them.  Way too little and you have to pay penalties.   At the end of the year, you will show $7000 as income and $2000 as withheld for taxes from that transaction.  You may also have a capital gain if the stock increases in price.  They do not generally withhold on stock sales, as they don't necessarily know what was your gain and what was your loss.  You usually have to handle that yourself.   The main point that I wanted to make is that the sale is not tax free.  It's just that you already had tax withheld.  It may or may not be enough."}
{"_id": "447656", "title": "", "text": "\"I disagree with the previous answer based upon your particular situation.   If the column states something like \"\"Amount Due to you\"\", and is a negative number, then you owe that amount. Much like the previous poster states that a Balance would be money you owe, and if it was negative then the school owes you the same can be said for the column in question. If the number was positive, the school would owe you that amount, if negative then you owe them.   Keep in mind you could always post a pic of the document blacking out personal information.\""}
{"_id": "447676", "title": "", "text": "Source:  Business owner for 13 years.  Unfortunately you may be hard-pressed to get that money back.   You can try sending him to collections, but at that point it often starts to cost  you more than what he owes you, in my experience.   In the worst instance I lost $2100 on a single invoice that I never received a dime for.   Nearly 20 hours of my time wasted for nothing!  A bit of unsolicited advice:  I've found that when working on a service-basis, obtaining billing and payment info up front and taking a deposit makes sense.   I take 1 hour's worth of deposit and bill the rest after.   Not only does it verify the payment method works, but it also gives you a way to confirm the customer's ability to pay in the future.  If the customer balks at this, just walk away.  It's not worth the risk.   As a business, your goal is to make money in exchange for goods or services.  If your customers don't understand that and aren't willing to front a bit of money to secure your services, you'll likely going to lose time and money."}
{"_id": "447698", "title": "", "text": "Your Simple IRA account is yours and yours alone, not your employer's. The only thing your employer can do with it is putting more money into it. The best option is to simple let it sit for the two years, and then either:"}
{"_id": "447700", "title": "", "text": "I believe the correct term is nepotism and it is so rampant in every facet of society. I personally have seen it in the local electrician's union, the military, 4 private companies I've worked for, church, the police force, firemen, schools, and the list goes on."}
{"_id": "447718", "title": "", "text": "You realize there are digital checks? You don't need the paper book to make the same one time limited payment.   I even pay directly from my online bank account, it's low effort and requires no trust.   Only thing I have on auto draft is my car payment, which is from the same entity I bank with. But otherwise yah I agree screw auto debt, but that isn't what I was talking about anyway so chill with the attitude."}
{"_id": "447726", "title": "", "text": "They still have to power the heat/AC, radio, any proximity sensors/self driving sensors etc. Plus the way many people drive it will start every 10 seconds to go 8 ft then stop again. I'm sure a fleet of self driving cards would smoothen that out, but people suck at driving."}
{"_id": "447738", "title": "", "text": "1) Repo is not a bailout. Unless you're claiming that the Fed has been actively bailing out the entire financial sector since 1917.  2) Given the price of credit, is it any surprise that the interest rates were near zero?  3) With this line:  &gt;At a time when small businesses could not get affordable loans to create jobs  You have to wonder if the author of this article has never heard of a credit card, which lends the Average Joe $5000+ in 30-day paper EVERY MONTH at ZERO PERCENT INTEREST.  Wait, I know how to go full retard too!  With [600 million](http://www.creditcards.com/credit-card-news/credit-card-industry-facts-personal-debt-statistics-1276.php) credit cards in existence, at a $1000/month spending limit, this means credit card companies give Americans $600 BILLION in bailouts EVERY MONTH.   Since 2008, the CREDIT CARD COMPANIES have given American citizens $30 TRILLION in BAILOUTS."}
{"_id": "447772", "title": "", "text": "1.  Get good grades  2.  Learn Excel better than what DePaul teaches it  3.  Get in at william blair or a local bank as an intern  I've met with dozens of DePaul students.  You have an unhill climb.  90% of the DePaul students I've seen are not very impressive.  Consider management consulting and get your math/programming aptitude as high as possible."}
{"_id": "447778", "title": "", "text": "Allstate Banners printed out the banner in great quality, quickly, and at a cheap price. Definitely recommended for everyone and super fast, affordable and has a quality service banners delivered in a timely manner.It is nationwide printer of ALLSTATEBANNERS.It specialize in a corporate banner printing ads and include hemmed edges and metal grommets to hang them."}
{"_id": "447781", "title": "", "text": "If you are going to be a long term investor you are only going to buy and hold. You will not sell. Thus future price is not relevant. Only dividend payout is relevant. Divide the dividend by the price you paid to get the yeald.  Edit:  once again the sitesite will not allow me to add a comment, so I have to edit a previous post...  What you call 'active investor' is not really investing, it is speculating. When you try to 'buy low, sell high' you have, at best, a 50-50 chance of picking the low. You then pay a commission on that buy. After you buy then you have a 50-50 chance, at best, of picking the high. You also have to pay the commission on the sell. 50% times 50% is 25%.So you have, at best a 25% chance of buying low and selling high. You are churning your account which makes money for the broker whether you make money or not. If, instead, you buy and hold a dividend paying security then the going price is irrelevant. You paid for the security once and do not have to pay for it again. Meanwhile the dividends roll in forever. 'Buy low, sell high' is a fools game. Warren Buffet does not do it, he buys and holds."}
{"_id": "447812", "title": "", "text": "I'm guessing you're talking about options given to employees. The company can issue stock options at whatever strike price it wants. The difference between the strike price and the actual market value is considered income to the employee. You can get the options at $0 strike just as well (although companies generally just give RSUs instead in this case)."}
{"_id": "447819", "title": "", "text": "Middle Town Diner offers delicious Dinner-Take Out-Lunch near Blackhorse Lane PA, American fresh food made daily near Granite Run Mall Road PA, Having a Party? Let We Serves Delicious &amp; Nutrition Food Catering In PA, External Location Catering Inquiry near West Rose Tree Road PA, Join us for Happy Hour, Book table near West Rose Tree Road PA, Media, (484) 442-8362"}
{"_id": "447826", "title": "", "text": "&gt;Is my laptop that I use to work and create my income my possession, or my property?  Well you *use* it on an every-day basis, right?  So that's a possession.  Possession comes from *usage*.  Private property is legal title to something you don't use, that you only use for trade, or that you only partially use and primarily command/employ others to use.  Many anarchists will say that, for example, a loaf of bread you made yourself, no matter how many you've got and how little you need and your intention to trade the bread, is still a possession, because you made the entire batch by your own hands.  But legal ownership over the Entenmann's baking company, *that's* private property.  It's legal title without physical possession or usage, carried out, thus, only through a system of force and coercion that makes other people use resources they built and they work with for your benefit."}
{"_id": "447828", "title": "", "text": "I want to know whether the money I transferred to my NRI Account is taxable. No taxes. As you were NRI the funds you earn are not taxable in India irrespective of whether you transfer to India or keep it in Saudi. You can transfer this back to India anytime in 7 years after you become Resident Indian. I was a NRI in Saudi Arabia from Nov 2009 to October 2011. For the financial year 1 April 2009 to 31 March 2010, you would be treated as resident Indian and you Global income would be taxed. i.e. your income in Saudi from Nov 2009 to March 2010 would be taxed in India. You can claim DTAA. Whether I have to file my returns for those 2 yrs.  Ideally Yes. If you have not done, please consult a CA for advice."}
{"_id": "447832", "title": "", "text": "We definitely do not have a free market - never have. That's why it's all messed up and don't have an Amazon for healthcare and your insurance is through your employer (tax breaks). FDA, Medicare, Medicaid, and insurance/hospital regulations have been around for years.  The reason why all of these prices are spiking and and quality is dropping is because the Government continues to involve it self (like all other areas with high prices: education, housing, etc.).  Freedom is moral and efficient. Stealing is not."}
{"_id": "447845", "title": "", "text": "\"No one can really answer this for you.  It is a matter of personal preference and the details of your situation.  There are some really smart people on here, when placed in your exact situation, would do completely different things.  Personal finance is overall, personal. If it was me, I'd never borrow money in retirement.  If I had the cash, I'd use it to help fund the purchase.  If I didn't, I simply wouldn't.  For me wealth retention (in your case) is surprisingly more about behavior than math (even though I am a math guy).  You are simply creating a great deal of risk at a season in your life with a diminished ability to recover from negative events.  In my opinion you are inviting \"\"tales of woe\"\" to be part of your future if you borrow. Others would disagree with me.  They would point to the math and show how you would be much better off on borrowing instead of pulling out of investments provided a sufficient return on your nest egg.  They may even have a case as you might have to pay taxes on money pulled out magnifying the difference in net income on borrowing versus pulling out in a lump sum.  Here in the US, the money you pulled out would be taxed at the highest marginal rate.  To help with a down payment of 50K, you might have to pull out 66,500 to pay the taxes and have enough for the down payment. The third option is to not help with a down payment or to help them in a different way.  Perhaps giving them a few hundred per month for two years to help with their mortgage payment.  Maybe watch their kids some to reduce day care costs or help with home improvements so they can buy a lower price home.  Those are all viable options.  Perhaps the child is not ready to buy a home. Having said all that it really depends on your situation.  Say your sitting on 5 million in investments, your pensions is sufficient to have some disposable income, and they are asking for a relatively small amount.  Then pull the money out and don't be concerned.  You nest egg will quickly recover the money.\""}
{"_id": "447850", "title": "", "text": "IRR is not subjective, this is a response to @Laythesmack, to his remark that IRR is subjective. Not that I feel a need to defend my position, but rather, I'm going to explain his.  My company offered stock at a 15% discount. We would have money withheld from pay, and twice per year buy at that discount. Coworkers said it was a 15% gain. I offered some math. I started by saying that 100/85 was 17.6%, and that was in fact, the gain. But, the funds were held by the company for an average of 3 months, not 6, so that gain occurred in 3 months and I did the math 1.176^4 and resulted in 91.5% annual return. This is IRR.  It's not that it's subjective, but it assumes the funds continue to be invested fully during the time. In our case the 91.5% was real in one sense, yet no one doubled their money in just over a year.  Was the 91% useless? Not quite. It simply meant to me that coworkers who didn't participate were overlooking the fact that if they borrowed money at a reasonable rate, they'd exceed that rate, especially for the fact that credit lines are charged day to day. Even if they borrowed that money on a credit card, they'd come out ahead.  IRR is a metric. It has no emotion, no personality, no goals. It's a number we can calculate. It's up to you to use it correctly."}
{"_id": "447855", "title": "", "text": "Yea its not like being the child of multiple generations of poor afford you the shittiest education, the shittiest support system, a shitty area of the country and shitty healthcare and shitty nutrition, possibly some lead contaminated water. I just don't understand why they wouldn't out compete people who had every modern amenity afford to them! /s"}
{"_id": "447862", "title": "", "text": "OK, if you read the study (not the article) - they aren't paying $20-30 more for the same room. Perhaps they like higher end hotels? Or travel more? Or like hotels in city center, not the airport.  Or worry less about price, etc."}
{"_id": "447886", "title": "", "text": "\"After learning about things that happened in the \"\"flash crash\"\" I always use limit orders. In an extremely rare instance if you place a market order when there is a some glitch, for example some large trader adds a zero at the end of their volume, you could get an awful price.  If I want to buy at the market price, I just set the limit about 1% above the market price. If I want to sell, I set the limit 1% below the market price. I should point out that your trade is not executed at the limit price. If your limit price on a buy order is higher than the lowest offer, you still get filled at the lowest offer. If before your order is submitted someone fills all offers up to your limit price, you will get your limit price. If someone, perhaps by accident, fills all orders up to twice your limit price, you won't end up making the purchase. I have executed many purchases this way and never been filled at my limit price.\""}
{"_id": "447917", "title": "", "text": "It is very much legal and in fact depending on the fine print of the purchase you make, you have now established a business relationship among which gives the business the right to hold on to your information (unless privacy policy states otherwise) and reuse it under certain circumstances (such as auto shipments) and when they called and asked you if you wanted it and you said OK, you acknowledged authorization. All legal even if pushy and less than pretty."}
{"_id": "447922", "title": "", "text": "USAA does - that's my bank. Wells Fargo tries to determine whether the online activity is a risk; if it is, they'll require an SMS code or phoned code be entered. You can get a fairly definitive list of online companies at twofactorauth.org."}
{"_id": "447925", "title": "", "text": "Geely owns the Volvo car corporation, which used to belong to the Volvo company. The Volvo car corporation was a relatively small part of the greater Volvo group, which Geely has absolutely no control over whatsoever. I know it's easy to look at Volvo and imagine a car, but it was really the least profitable part of the company for a long time. Volvo is involved in trucks, aircraft, boats, construction, owns a chunk of Renault and outright owns Mack trucks. It's a big company with some 90 000+ employees."}
{"_id": "447927", "title": "", "text": "\"Well, I'd probably need to buy a lot more [Tide](http://nymag.com/news/features/tide-detergent-drugs-2013-1) to hide any purchases I don't want Uncle Sam to know about (not just drugs, either - When's the last time you paid sales tax at a yard sale?).   Other than that, I doubt it would matter much.  99.9% of my financial transactions are *already* on plastic, and I regularly keep the same \"\"emergency $20 bill\"\" in my wallet for months at a time.\""}
{"_id": "447928", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://uk.reuters.com/article/uk-italy-euro-analysis/italys-dual-currency-schemes-may-be-long-road-to-euro-exit-idUKKCN1BJ208) reduced by 90%. (I'm a bot) ***** &gt; If any of their schemes are adopted with success they may convince many Italians that the economy can function without the euro, and make an eventual euro exit more likely.  &gt; They have settled on the dual currency proposal as a way of continuing to tap into widespread anti-euro sentiment in Italy while avoiding - at least for now - the huge upheaval and market turmoil that outright euro exit may trigger.  &gt; Italians were strongly pro-euro when the single currency was launched in 1999, but since then Italy has been the most sluggish euro zone economy and many blame the euro for their falling living standards and high unemployment.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6yz18c/italys_dual_currency_schemes_may_be_long_road_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~206798 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **euro**^#1 **currency**^#2 **Italy**^#3 **Italian**^#4 **proposal**^#5\""}
{"_id": "447931", "title": "", "text": "&gt;However, recently a new government law was enacted stating that to bid on the contract, the CEO of the bidding company must be a woman or minority.  What country? What law? Not the U.S., that's for sure.  &gt;Despite doing the best job at the best price for years, my company was banned from bidding because our CEO is a white male. Sounds like legally enforced racism to me. Imagine if a company was banned from working for the government only because their CEO were black.  Well then it is a good thing there are so few companies with a black or woman CEO. Any idea why that might be?  &gt;Is there anything that can be done? I mean, isn't this legally enforced discrimination?  I think the technical term is bullshit: a statement made with utter disregard for whether it is true or not."}
{"_id": "447940", "title": "", "text": "\"Yes, it will be taxable in the US. You will report your worldwide income, and will be able to take credit for any Indian tax paid. However, the portions that are tax-free in India will be fully taxable for you in the US. Keep in mind, in addition to the taxes, the FBAR requirements and the FATCA forms you may need to be filing as well. Failure to file (regardless of if any tax is actually owed) will trigger a $10K penalty. I suggest you have a US-licensed EA/CPA (tax adviser) to help you with your US tax return. Keep in mind that a \"\"regular\"\" American tax preparer knows very little of the specific requirements for foreigners and may land you in trouble. Similarly, the \"\"off-the-shelf\"\" tax software or tax preparation outlets (like H&R Block) are ill-suited for foreigners in the US. It would be best to talk to a EA/CPA who is also familiar with Indian financial terms and Indo-US tax treaty.\""}
{"_id": "447966", "title": "", "text": "You have to track your spending for a month, down to the cent. Without those records, the person trying to help you has no real data. Even a week would be a start.  Heck, try just doing this today.  See if it works for you. Throughout each day: Each evening: At the end of a month (or week, or whatever period you want): Each day you do it successfully it will get easier.  Let us know how it works out!  Best wishes!"}
{"_id": "447967", "title": "", "text": "Some people put money into Venture Capital Trusts for the yields they offer. The risks are different and they are considered higher risk than ordinary equities; you need to be a sophisticated investor or high net worth individual to consider them. https://www.wealthclub.co.uk/articles/investment-news/why-i-never-sold-vct/ I'm not recommending these for you, just pointing it out as another option as per the question."}
{"_id": "447983", "title": "", "text": "Only if (or to put it even more bluntly, when) they default. If your friend / brother / daughter / whoever needs a cosigner on a loan, it means that people whose job it is to figure out whether or not that loan is a good idea have decided that it isn't.  By co-signing, you're saying that you think you know better than the professionals. If / when the borrower defaults, the lender won't pursue them for the loan if you can pay it.  You're just as responsible for the loan payments as the original borrower, and given that you were a useful co-signer, probably much more likely to be able to come up with the money.  The lender has no reason to go after the original borrower, and won't.  If you can't pay, the lender comes after both of you. To put it another way:  Don't think of cosigning as helping them get a loan.  Think of it as taking out a loan and re-loaning it to them."}
{"_id": "448009", "title": "", "text": "I'm not sure if you have listened to what people are talking about in california, but *everyone* has their sacred cow. They say that nothing can be cut. The fact is if you have no money then the best thing to do is cut something from every single program. You hurt the future generations more by given them unsustainable debt than cutting these programs."}
{"_id": "448021", "title": "", "text": "We don't sit around and wonder at people who won't sell an item or a business for a price they consider too low.  Why should we judge those that don't sell their time for less than the price that would make it an attractive trade for them any more harshly?  Isn't the market all about trading and walking away with greater value?"}
{"_id": "448038", "title": "", "text": "\"IRA contribution must be from your earned income in the sense that you cannot contribute to IRA more than you have in earned income. If all your income is capital gains - you cannot contribute anything to IRA. Once you're within the income limit restriction, it doesn't matter what other money you have, because as you said - once in your account, its all just money. But what you're describing is basically \"\"I deposit $850 from my salary into an IRA and then go pay for my gas with the $850 I have from the capital gains\"\", so you're not paying any less taxes here. If it makes you feel any better, you can describe it to yourself the way you did. It doesn't really matter.\""}
{"_id": "448044", "title": "", "text": "Check out the NASDAQ and NYSE websites(the exchange in which the stock is listed) for detailed information. Most of the websites which collate dividend payments generally have cash payments history only e.g. Dividata. And because a company has given stock dividends in the past doesn't guarantee such in the future, I believe you already know that."}
{"_id": "448067", "title": "", "text": "There's no such requirement in general. If your particular employer requires that - you should address the question to the HR/payroll department. From my experience, matches are generally not conditioned on when you contribute, only how much."}
{"_id": "448070", "title": "", "text": "\"/r/politics creep..the economics forum is the same way, they just post the Krugman op eds.  All the default sub-reddits have a leftist bent to them, in line with the admins and ownership of the company. They've been experimenting with new forms of censorship conveniently labeled \"\"spam protection\"\"\""}
{"_id": "448086", "title": "", "text": "\"PC MasterCard recently added this as a new feature to their online system. It lets you see \"\"Pending Authorizations\"\" for your card when you log in. Their email said: Along with your purchases, you'll see a list of every transaction that's been approved, but not yet applied to your balance. You'll be able to identify these with the word \u201cPending\u201d in the date column.  Here's a link with more information: http://pcfinancial.ca/pendingauthorization/\""}
{"_id": "448110", "title": "", "text": "\"&gt;Case by case basis,  So, in other words...  Yes to the \"\"Oops, I didn't think of that\"\".  &gt;but in general the goal is to not start on a project unless estimates show that it can be completed using the hours that were allocated to them.  Ah, I see... \"\"estimates\"\".  Yeah, that'll work out perfectly. I mean it's not like IT estimates are ever way off or anything. (ROTFLMAO)\""}
{"_id": "448140", "title": "", "text": "both issues addressed in my original idea...  &gt;a bunch of small  any individual one won't need to scale if there are enough of them and they're deployed on a rolling basis... think burning through a shitload of free cdn plans then canceling them as soon as they start to rack up any significant bandwidth. and it's trivial to block ***one*** of them once it's big enough to even be on your radar. but this would be hundreds, potentially thousands, moving a relatively small amount of data each. how long has netflix instant been a thing? comcast is not known for staying up to speed technologically, and i'm sure you could get plenty of heavy hitters in the tech industry to silently donate ip addresses, bandwidth, storage, etc., with all the ire comcast has raised by effectively dismantling net neutrality. hell, get enough big names involved and it wouldn't even need to be silent. what are they going to do, sue google? i'm sure that would go well for them."}
{"_id": "448166", "title": "", "text": "For ankle and foot problems, you really need to visit Foot and Ankle Clinic Gilbert. Check out Dr. Mikkel Jarman, DPM, Gilbert Podiatrist. Call 480 497-3946 or PreferredFootAnkle.com. He is considered one of the top Foot Doctor Gilbert AZ and offers effective relief."}
{"_id": "448173", "title": "", "text": "Uhh ... Not really. There was a bank run, it just wasn't on deposits. We are only staving off depression by taxing future dollars ... That policy will probably fail eventually and if we haven't gained enough aggregate hard inputs (people or technology) by the time this delaying tactic runs out then it will be depression.  You really misread my comment anyway. Move all insured deposits to not for profit credit unions and sever them completely from investment/commercial banking. Remove all deposit insurance from commercial/investment banking and with it the inherent moral hazard imbedded in the system. We still have insured deposits but for profit banks won't be able to filter them through to investment banking through the shadow banking system."}
{"_id": "448194", "title": "", "text": "&gt;&gt; *counterpoints  &gt; Not worth my time.  Because with all time in the world, you have no counter points.  As for undergrad degree, and even a master's degree, who said they determine competency? They only indicate interests.   Only in real work, after your training, in few months, it's easy to tell if you have any skills or talents. And if you don't, your degrees will not help you. Any questions?"}
{"_id": "448210", "title": "", "text": "Well...yea. We knew that from the beginning. No one is questioning the ability of a top tier school to get OCR. The point I am trying to make is that a fundamental tenacity will see you through with all else acting as support. So if you have OCR, that's great! You just took a huge leap forward. If you don't, well its just another tough challenge to tackle."}
{"_id": "448214", "title": "", "text": "(1) The value of the MBA is in the network  (2) You don't know anything when you come out of an undergrad and an MBA isn't going to help you there.   (3) Entry level jobs are not requiring MBAs no matter how much you think they are. Jobs that want 4-5yrs exp want MBAs, but not ones that require 1-2 years.   (4) I mentor undergrads from my alma mater - each one of them has landed a financial analyst role and none of them have an MBA.   (5) I view the MBA with no experience as a negative not a positive.   I got my undergrad 10 years ago my MBA 4 years ago.   Further, let's look at some job reqs that support my stance:   (1) https://www.tesla.com/careers/job/logistics-financialanalyst-53725?source=Indeed   (2) http://schwabjobs.com/ShowJob/Id/1303833/Treasury%20Analyst,%20Corporate%20Finance   (3) https://jobs.lever.co/wish/1020acab-423b-44e9-a1d5-9c10515ef7a2?lever-source=Indeed   (4) https://www.upstart.com/careers/114362/apply?gh_jid=114362&amp;gh_src=ue0b8m   (5) https://jobs.smartrecruiters.com/Ubisoft2/743999656810009-financial-analyst?codes=1-INDEED   (6) https://wholefoods.wd5.myworkdayjobs.com/en-US/wholefoods/job/CA-Emeryville---Northern-California-Corporate/Financial-Analyst_Req-20170705304-1?source=Indeed   (7) https://chj.tbe.taleo.net/chj04/ats/careers/requisition.jsp?org=NATUS&amp;cws=1&amp;rid=7263&amp;source=Indeed.com  This literally took my 3 minutes to find 7 roles that have ZERO mention of MBA anywhere on the job req. You really don't know what you are talking about and you shouldn't be giving bad advice."}
{"_id": "448225", "title": "", "text": "It may seem very simple on its face but you don't know the merchant's agreement.  You don't know who is providing the processing equipment.  You don't know a lot of things.  You know that Visa, Mastercard, Discover, Amex and others have network requirements and agreements.  You know that laws have been changed to allow merchant surcharges (previously it was contracts that prohibited surcharges, not laws).   That gas station, or that pizza parlor, or any other merchant doesn't have a direct relationship with Visa or Mastercard; it has an agreement with a bank or other processing entity.  The issue here, is whom do you even call?  And what would you gain?  Find out what bank is contracted for that particular equipment and file a complaint that the merchant charged you $0.35?  Maybe the merchant agreement allows surcharges up to state and local maximums?  You don't know the terms of their agreement.  Calling around to figure out what parties are involved to understand the terms of their agreement is a waste of time, like you said you can just go across the street if it's so offensive to you.  Or just carry a little cash.   If that's not the answer you're looking for, here's one for you: There is no practical recourse."}
{"_id": "448260", "title": "", "text": "A 401K (pre-tax or Roth) account or an IRA (Deductible or Roth) account is a retirement account. Which means you delay paying taxes now on your deposits, or you avoid paying taxes on your earnings later.  But a retirement account doesn't  perform any different than any other account year-to-year. Being a retirement account doesn't  dictate a type of investment. You can invest in a certificate of deposit that is guaranteed to make x% this year; or you can invest in stocks, bonds, mutual funds that infest in stocks or bonds. Those stocks and bonds can be growth focused, or income focused; they can be from large companies or small companies; US companies or international companies. Or whatever mix you want. The graph in your question shows that if you invest early in your adulthood, and keep investing, and you make the average return you should make more money than starting later. But a couple of notes:  So to your exact questions: An S&P 500 investment should perform exactly the same this year if it is in a 401K, IRA, or taxable account With a few exceptions:  Yes any investment can lose money. The last 6 months have been volatile and the last month and a half especially so. A retirement account isn't any different. An investment in mutual fund X in a retirement account is just as depressed a one in the same fund but from a taxable account."}
{"_id": "448262", "title": "", "text": "It really depends on what part of finance you go into and where. As others mention, investment banking can be a grinder.  When I was working for a large global financial institution in consumer lending, average for most people was probably 45 - 50 hours / week. But my last year there I spent about 65 hours / week but it was largely due to my position and regulatory compliance pressures.  Now I consult for financial institutions. I'm gone from my family 3 - 5 nights a week but love both the work and my firm. When I'm home, I'm home and get to focus on my family. In the past, I would be so tired from the week that I wouldn't want to do much on the weekends. Now I spend my weekends devoted 100% to my family and friends. My wife and I are sure that the total number of quality hours I spend with my kids per week has actually increased now.  Also, there has been some mention here about going outside the US - from my limited experience, financial firms within Europe are far more interested in employee experience than domestic ones."}
{"_id": "448267", "title": "", "text": "awww, look at all the Hasbara operatives that are butt-hurt over this... It happened in 2012! She did this BEFORE the current crisis. But hey, it is tough when Walt's G-daughter is trashing Israel, isn't it? no matter what year it is, that has got to really sting..."}
{"_id": "448295", "title": "", "text": "I still fail to see where ownership comes into play.  Means of providing public goods and services are important to establish exactly because there isn't a clear ownership, no direct profit motive, and sometimes great long term benefits for costs that are not recuperated in the short term."}
{"_id": "448308", "title": "", "text": "I'm sore but the MAJORITY OF AMERICANS don't want to wash dishes as a career choice. My goodness even if you are the son or daughter of a well of family they don't actually expect their kiddo to work hard. This is HARD work we are taking about, laboring in sun, hot dishwashing, waking up at 4am to clean rooms. I have just never seen a well off family do work like this. It's really for poor Americans but let me tell a single mom can't survive on season work, temporary, no benefits all hours. It just isn't work for any American who wants to be successful. But no worries all hear jobs will go to AI in the future anyway!!! Then there will a crap ton more out of work\ud83d\udc4c"}
{"_id": "448350", "title": "", "text": "\"&gt;Despite nothing dishonest about it. You are doing nothing but splitting hairs here, why is beyond me.  You are generalizing because it helps your narrative. That's why. I am specifically explaining to you why Vice is more serious than what you're diminishing it to .  &gt;If that was the case you would been able to refute it, you yet to been able to do so. All you have done is make claims of my logic being faulty, which you have totally and utterly failed to show.  I did refute it. I doubted the validity of your underlying premise by criticizing it as being fallacious (based on faulty reasoning). I cited the fallacy, which your argument is a quintessential example of. Without some sort of counter-argument that undermines the validity of my challenging argument, your argument is refuted. You're just denying it, and acting like a denial is as good as being logically sound.  &gt;lol what mistake? You act like you are this logical wiz, and yet I have successfully taking down your logic while you totally failed to destruct mine. All you are doing now argument wise is \"\"but but but but but\"\". You don't realize what Vice releases on their website is representative of all of their content. Claiming they have good content when their content is on the level of Buzzfeed is outright laughable to say the least. You claim your well verse in your media readings, but yet you continue to defend Vice as being quality content tooth and nail despite agreeing with me that the article was crap. I highly doubt you can link me an article you think is high quality from Vice.  You made a sweeping generalization. You never refuted it; you denied it and ignored it and failed to address it. You cited a promo for an episode of a Viceland entertainment show as an investigative reporting story from Vice News (a sister channel), and now you're doubling down suggesting that a tv show promo is somehow representative of a separate entity's investigative reporting. That's like saying a promo for TBS's 1995 Captain Planet and the Planeteers is representative of CNN reporting. LAUGHING SO HARD AT YOU RIGHT NOW. [Challenge](https://news.vice.com/article/reports-suggest-body-cameras-are-only-effective-when-cops-cant-turn-them-off) [accepted](https://news.vice.com/article/the-uns-weirdest-crimes-380-pounds-of-weed-child-porn-and-a-chainsaw-on-a-plane) [and won.](https://news.vice.com/story/exclusive-snowden-tried-to-tell-nsa-about-his-concerns)\""}
{"_id": "448358", "title": "", "text": "Your 401k IRA will now have three different sub-accounts, the one holding your Traditional (pre-tax) 401k contributions, the one holding your Roth 401k contributions, and the one holding the employer match contributions (which, as has been pointed out to you, cannot be considered to be Roth 401k contributions). That is, it is not true that So my next month's check shows $500+$500 going to the regular 401k, and $82+$82 going to the Roth 401k. Your next month's paystub will show $500 going into the regular 401k, $100 going into the Roth 401k, and if employer matching contributions are listed on the paystub, it will still show $600 going into the employer match. If you have chosen to invest your 401k in mutual funds (or stocks), shares are purchased when the 401k administrator receives the money and are also segregated in the three subaccounts. If you are paid monthly, then you will know on a month-by-month basis how many shares you hold in the three  separate subaccounts, and there is no end-of-year modification of how many shares were purchased with Roth 401k contributions versus how many were purchased with  pretax contributions or with employer matching funds as you seem to think."}
{"_id": "448368", "title": "", "text": "There is no catch. You've been a good customer and your bank wants to reward you for it. One of the ways you build credit is by having more credit available. So by increasing your credit limit, its lowering your credit utilization rate (one of the factors that go into your credit score) - which is a good thing. So your bank trusts you with more credit, which again is a good thing. You can also request a line of credit increase yourself without waiting for the bank to do so - but there's a 6 month wait between each increase, assuming you get one. I always ask every 6 months and have gotten approved each time, and it's helped my credit score tremendously."}
{"_id": "448375", "title": "", "text": "Your question asks about the mechanism of money inflation - not price inflation.  Money inflation occurs when new money is introduced into an economy.  The value of money is subject to supply and demand like other items in the economy.  The effects of new money can be difficult to predict.  One of the results of additional money can be rising prices.  These rising prices can be concentrated in one particular area - stocks, homes, food - or they can be spread out over many items.  This is true regardless of the form of money being inflated - gold, silver, or paper money.  There were times in history when large discoveries of gold and silver were found that caused prices to rise as a result.  Of course, the large discoveries of gold and silver pale in comparison to the gigantic discoveries by central banks of new fiat currency."}
{"_id": "448379", "title": "", "text": "It's not actually fighting the paradox of choice, it's lowering the costs of supply chain management. A regular supermarket, for example, has to source 50 different varieties of hot sauce from different manufacturers. Trader Joe's has a couple of varieties of their own sauce, and it's delivered in the same truck that delivers 99% of their food.   People overlook this fact a lot - Trader Joes is a business that is vertically integrated, unlike any other supermarket."}
{"_id": "448390", "title": "", "text": "Not optional, but I assumed the premise was that with out having to pay for health care corporations would pay more in wages. In the US that is never going to be true.   In other words they would use the VAT and not having to pay for health care as an excuse to extract more profit. Employee wages wouldn't go up, corporate health care costs would go down, and the VAT would be passed on to the consumer through higher prices."}
{"_id": "448405", "title": "", "text": "We will help to develop your business or selling of your services to national or international customers through the social media at the various platforms such as Facebook, Instagram and much more. We believe over the past decade, there has been a fundamental shift in the revenue creation process. Our role and responsibilities is to innovative marketers social media marketing companies and sales people to bridge the gap between their business units to improve sales funnel visibility company performance. For further more details about the seo-daddy, feel free to call us on +971 504019757."}
{"_id": "448411", "title": "", "text": "\"Just remember: threats to democracy and dictatorship come when you bring population that does not believe in democracy, tolerance, freedom and equal rights and try to \"\"integrate\"\" it into you society.  **NOT A SINGLE ARAB OR MUSLIM country in the world is a democracy!**  What do you think about that?\""}
{"_id": "448428", "title": "", "text": "&gt; Or are there multiple ways of buying a company?  Yes, there are, and it would depend on your contextual definition of what it means to buy a business.  If you were intending to acquire a company by being its majority shareholder (i.e. &gt;50% equity stake), then you would have to buy over its shares from existing shareholders at a negotiated price (read: not necessarily book value) to attain the desired shareholding.  However, buy a business could also refer to an asset purchase, where the target's fixed assets are bought by the acquirer, in which case the target equity might not necessarily be involved in the acquisition."}
{"_id": "448431", "title": "", "text": "For tax optimization, cash is stored mostly overseas, according to the New York Times. For Apple, everytime a song or an app is bought in Europe, Africa or Middle East, money flows to iTunes S\u00e0rl, in Luxemburg. Royalties on patents flow internally from Apple in California to Apple in Ireland. Then profits flow to the Carribean. The problem is that cash cannot be brought back to the USA without huge taxes."}
{"_id": "448433", "title": "", "text": "\"Can someone please clarify if Norbert's gambit is the optimal procedure to exchange CAD to USD? I'm not sure I'd call an arbitrage trade the \"\"optimal procedure,\"\" because as you point out you're introducing yet another point of risk in to the transaction.  I think buying the foreign currency for an agreed upon price is the \"\"optimal procedure.\"\" If you must use this arbitrage trade, try with a government bond fund; they're typically very stable.\""}
{"_id": "448443", "title": "", "text": "The thing that stinks is that ticket prices have already shot up because of the Icelandic ash (and never went down.) The airlines will take any excuse to raise prices!   By the way, the US should have agreed to the emission stds in the first place. JMO."}
{"_id": "448453", "title": "", "text": "Here at the aeroprop, we welcome you all travelers to one of the most trusted and certified Propeller at the Broomfield,  Colorado at the Rocky Mountain Metro Airport. Whether you are new or returning customers, we know that your safety is our first priority, apart from this we are less than 2 hours away from the closest ski resort and less than 2 hours away from many others. Travelers can come at the Colorado any season while you can enjoy as we take care of yours propellers. Aeroprop runs a prop saver program for the travelers and this program is run under the guidance of the FAA advisory circular AC20-37E."}
{"_id": "448476", "title": "", "text": "\"Yes we lose some client business to algos - specifically the DMA (direct market access) side of things. I haven't seen much HFT impact on what I do.  I see the movement towards algos/automated trading and DMA over the next 5-10 years, and block traders like me going extinct eventually.  But this all assumes liquidity, which is not there in the product I trade.  So you still need a dealer who knows where the blocks \"\"live\"\".   You want to buy 5% of that issue? okay good-luck trying to do that in the market.  No algo will help you do that without moving the market against you.\""}
{"_id": "448490", "title": "", "text": "Dark navy or medium gray suit. Black is for funeral or formal evening (tuxedo) only. Regardless of suit price, budget $75-$100 for tailoring. You need to have the waist of the coat adjusted, sleeves proper length and pants hemmed for it to all fit correctly. If you're in good shape I'd suggest Suit Supply instead of Brooks Bros - with the former catering to a more modern and generally younger clientele, still with excellent quality (comparably). Jos A Bank if you're really on a budget but do a little research on suit fit, button stance, lapel width, and pants break and taper before you go in because they'll sell you garbage if you don't know what you're talking about. /r/malefashionadvice has a good sidebar and wiki if you want more info."}
{"_id": "448511", "title": "", "text": "The compound annual growth rate of the S&P 500 over the last 20 years is in excess of 7% annually. http://www.moneychimp.com/features/market_cagr.htm Several index funds mirror the S&P 500 such as, but not limited to SPDR S&P 500 ETF Trust. An annual growth rate of 7% on a $5,000,000 portfolio implies gains of $350,000 per year, every year investing passively. Most of us can live reasonably well on $350,000 per year! I will argue that the chances of all 500 companies in the S&P 500 going bankrupt or nearly so at once is slight and less likely than the same for Google."}
{"_id": "448521", "title": "", "text": "If the country went to a sustainable minimum wage like 15 dollars an hour we would benefit more.  Anyone who thinks the walmart strikes are stupid and they should be fired clearly doesnt understand how the economy should work.    You can blame walmart for trying to make as much as possible and not caring about their workforce.  Look at costco and how they start all employees off at 12 dollars an hour.  The company does amazing still.  Also there have been countless studies that show increasing minimum wage does not hurt local businesses but actually helps out the economy.  Because those lower/middle class people have a higher purchasing power, do not need government assistance as much, and can work on starting other small businesses that help out.  The big nay sayers believe that it will cripple local businesses or increase the price of goods.  While goods will increase in price some it is never anywhere near the amount to correlate with the wage increase.  Its sad as a country people believe slavery is fine.  If you are pro for under 15 dollars an hour, you are pro slavery.  Im on my phone so i cant pull up all the fun statistics, but feel free to do the searches yourself.  Lots of stories on how it benefits an economy overall.  The only people making these facts up are the ones who own the businesses because their wealth will go down and be spread among employees more."}
{"_id": "448525", "title": "", "text": "First: I am not a tax lawyer. This is just an educated opinion; not a legally verified answer. Taxes are to be paid on income, not on money that you handle for someone. So if the idea is only that he gets and holds the money for you until a later point in time, there should be no tax liability. If the amount is high enough to raise a flag in the bank so the IRS might look at it, and he wants to be sure to not get in trouble, he should keep it separate, and keep a record of 'handing it to you'. Note that if he makes interest on it, or uses it to pay his credit down until you come or such, the situation changes."}
{"_id": "448526", "title": "", "text": "Do you really think it will be cheaper for Equifax now?  Treating your customers right is always cheaper in the long run when you still have a respectable business running.  Going out of business or just declaring bankruptcy is extremely expensive and stuff like that happens when companies treat their customers badly.  I know monopolies like Comcast are a bit different but for the most part this theory holds true."}
{"_id": "448544", "title": "", "text": "Would anything happen if you bring this issue to the attention of the HR department? Everyone in the company who participates in the 401(k) is affected, so you'd think they'd all be interested in switching to a another 401k provider that will make them more money."}
{"_id": "448552", "title": "", "text": "My floor has a lot of very fit people and my company is very fit in average. But they really emphasis a healthy life outside of work and the city I work in is known for having a young fit population so all those things definitely contribute."}
{"_id": "448578", "title": "", "text": "There are the EDHEC-risk indices based on similar hedge fund types but even then an IR would give you performance relative to the competition, which is not useful for most hf's as investors don't say I want to buy a global macro fund, vs a stat arb fund, investors say I want to pay a guy to give me more money!  Most investors don't care how the OTHER funds did or where the market went, they want that NAV to go always up , which is why a modified sharpe is probably better."}
{"_id": "448582", "title": "", "text": "Adjusting for a market change from day to day, the dividend should have no impact on you. Your X shares time $Y should be nearly identical right after that dividend hits the account.  And within the 401(k) or IRA for that matter, the accounting doesn't matter most of the time. Outside a retirement account, you need to pay tax on the dividend, and add the newly purchased shares' cost to your cost basis."}
{"_id": "448589", "title": "", "text": "The safe harbor provision is based on the tax you or the prior year. So in 2016 this helped you as your tax was substantially increased from 2015. However, by the same token in 2017 your safe harbor amount is going to be very high. Therefore if 2017 is similar you will owe penalties. The solution here is to make estimated tax payments in the quarters that you realize large gains. This is exactly what the estimated tax payments are for. Your estimate tax payments do not have to be the same. In fact if you have a sudden boost in earnings in quarter 3, then the IRS expects that quarter 3 estimated tax payment to be boosted."}
{"_id": "448592", "title": "", "text": "Aha, perhaps...also, perhaps someone like Louis with a product such as this, to the (reasonably) technically literate while pushed through a next-generation service that isn't rapacious when it comes to something as simple as digitally moving money...perhaps it's time.  Shake our fists to the heavens, and all."}
{"_id": "448594", "title": "", "text": "Anyone able to recommend a good resource on computing discounted cash flows? I'm looking for something that will walk me through calculating DCFs working from the balance sheet, income statement, etc. Textbook or online resources both work!"}
{"_id": "448607", "title": "", "text": "\"Just saying: I'm not a big earner, but I was able to live quite comfortably on one income with my g/f and our eldest girl. We had a reather cheap rent (house wasn't \"\"modern\"\", but central heating + warm water + clean is all one needs, right?) and we didn't have a car (so no big payments on that). I'm Belgian as well, btw.  We were able to live a very good life, without having to cut back on food or drink (I used to go out once a week even!).  But well, we didn't have a bigscreen TV. And no twice a year going to Spain or anywhere on holiday: we'd take the train to go to the Belgian coast or the zoo or whatever. As said: no car, but everything we needed was either in walking distance, or public transport, or bike. No car = lots of cash that would go to gas, insurance, taxes otherwise. But even with the one income (1500-1800 euro after taxes per month, depending on how many nightshifts), we lived a nice life. I smoked (still do) without moneyproblems. We saved a little each month. My little girl never lacked anything she could ever want. Not even toys, which aren't exactly a necessity...   Now that my g/f works as well, we were able to buy a nice house, and we're able to save most of what she earns.   TL;DR: Living on one income is possible, you just need to sacrifice some things you don't really need. Or be lucky.\""}
{"_id": "448609", "title": "", "text": "\"&gt;I didn't get mad about it.  \"\"IDC you little twerp.\"\"  Ya you did get mad over being downvoted.  The fact you even made a point to bring it up says all that needs to be said.    &gt;I pointed out abuse of subreddit rules to undermine the contrarian's credibility.  Despite having zero proof of such a thing happening.\""}
{"_id": "448614", "title": "", "text": "it is better for your credit score to pay them down over time. This is a myth. Will it make much of a difference? You are paying additional interest even though you have the means to pay off the cards completely. Credit score is a dynamic number and it really only matters if you are looking to make a big purchase (vehicle, home), or perhaps auto insurance or employment. Pay off your credit cards, consolidate your debt, and buy yourself a beer with the money you will be saving. :)"}
{"_id": "448615", "title": "", "text": "\"You may want, or at least be thinking of, the annualized method described in Pub 505 http://www.irs.gov/publications/p505/ch02.html#en_US_2015_publink1000194669 (also downloadable in PDF) and referred to in Why are estimated taxes due \"\"early\"\" for the 2nd and 3rd quarters only? . This doesn't prorate your payments as such; instead you use your income and deductions etc for each of the 3,2,3,4-month \"\"quarters\"\" to compute a prorated tax for the partial year, and pay the excess over the amount already paid. If your income etc amounts are (nearly) the same each month, then this computation will result in payments that are 3,2,3,4/12ths of 90% of your whole-year tax, but not if your amounts vary over the year. If you do use this method (and benefit from it) you MUST file form 2210 schedule AI with your return next filing season to demonstrate that your quarterly computations, and payments, met the requirements. You need to keep good per-period (or per-month) records of all tax-relevant amounts, and don't even try to do this form by hand, it'll drive you nuts; use software or a professional preparer (who also uses software), but I'd expect someone in your situation probably needs to do one of those anyway. But partnership puts a wrinkle on this. As a partner, your taxable income and expense is not necessarily the cash you receive or pay; it is your allocated share of the partnership's income and expenses, whether or not they are distributed to you. A partnership to operate a business (like lawyers, as opposed to an investment partnership) probably distributes the allocated amounts, at least approximately, rather than holding them in the partnership; I expect this is your year-end draw (technically a draw can be any allowed amount, not necessarily the allocated amount). In other words, your husband does earn this money during the year, he just receives it at the end. If the year-end distribution (or allocation if different) is significant (say more than 5% of your total income) and the partnership is not tracking and reporting these amounts (promptly!) for the IRS quarters -- and I suspect that's what they were telling you \"\"affects other partners\"\" -- you won't have the data to correctly compute your \"\"quarterly\"\" taxes, and may thus subject yourself to penalty for not timely paying enough. If the amount is reasonably predictable you can probably get away with using a conservative (high-side) guess to compute your payments, and then divide the actual full-year amounts on your K-1 over 12 months for 2210-AI; this won't be exactly correct, but unless the partnership business is highly seasonal or volatile it will be close enough the IRS won't waste its time on you. PS- the \"\"quarters\"\" are much closer to 13,9,13,17 weeks. But it's months that matter.\""}
{"_id": "448629", "title": "", "text": "On the flip side of that, those employees that you are so passionate about protecting will now be out of a job because no one will go to the restaurant. Isn't that the end game of a campaign such as yours?  Which is better, a low paying shitty job or no job at all? This is the financial reality we are in.  And please don't take this as me advocating their practices-- I disagree strongly with them, however there are two sides to the coin here."}
{"_id": "448639", "title": "", "text": "Given that the laws on consumer liability for unauthorized transactions mean no cost in most cases, the CVV is there to protect the merchant.  Typically a merchant will receive a lower cost from their bank to process the transaction with the CVV code versus without. As far as the Netflix case goes, (or any other recurring billing for that matter) they wouldn't care as much about it because Visa/MC/Amex regulations prohibit storage of the CVV.  So if they collect it then it's only used for the first transaction and renewals just use the rest of the card info (name, expiration date, address). Does the presence of CVV indicate the merchant has better security?  Maybe, maybe not.  It probably means they care about their costs and want to pay the bank as little as possible to process the transaction."}
{"_id": "448647", "title": "", "text": "\"The problem was they had crazy incentives like \"\"make 2x your average on Tuesdays before noon\"\" that would never be possible for anyone to do without creating fake accounts. Everyone in the company knew this was happening. Most employees would try to open accounts for family members with permission but others just used randoms\""}
{"_id": "448658", "title": "", "text": "\"Except the notion of a social contract is *always* used and intended to be used as a notion of agreement. And if it isn't based upon agreement then you have no basis under which to claim an obligation.  People don't owe anything to a collective that they do not wish to join, and the underlying problem is that there is no agreement. I'm not suggesting \"\"running a country\"\" at all. There need not be any such collective.\""}
{"_id": "448659", "title": "", "text": "I'm not sure where people keep getting this idea, but I see it come up a lot. Anyway, you pay capital gains taxes when you sell an investment that has appreciated. It makes no difference when/if you reinvest the money or what you invest it in. If you are afraid of the tax burden you can minimize it by: 1) Selling a stock that you have held longer than a year to get the lower long-term rate. 2) Sell a stock that hasn't appreciated that much and therefore doesn't have a lot of gains to tax. 3) Sell a stock that's below purchase price (i.e. at a loss) to offset any short term gains."}
{"_id": "448673", "title": "", "text": "Location is really what's going for me I believe.  The neighboring city doesn't have any hotels or motel but the town I live in have about 6 motels and hotels combined but all family owned. The location that I feel would be perfect for a chain hotel because it'd bring comfort to people who have never been to the area before and it's located downtown on a snowmobile trail and atv access."}
{"_id": "448689", "title": "", "text": "\"For the financial year 1 April 2014 to 31 March 2015, as you have [or will be] spent more than 182 days outside India, you would be treated as \"\"Non-Resident\"\" [NRI] for tax purposes.  If you are NRI  Show my Kuwaiti Income in my Income Tax Return?   Pay any tax on the money that I am sending to savings bank accounts in India You need not Pay Tax on your income outside India. i.e. there is no tax obligation created. It cannot be declared in Tax Returns. However any interest you earn on the money deposited in India would be subject to taxes. Will my wife have to show the income and/or pay the income tax on the money that I am sending to her savings bank accounts? There is no Income to you wife [Income is something you earn] and hence its out of scope from Income Tax act. It would fall under gift tax rules. As per Gift Tax one can transfer unlimited funds between close relatives. Hence there is No tax. It would be better if you open an NRO/NRE account and transfer funds into that account\""}
{"_id": "448690", "title": "", "text": "PEG is Price to Earnings Growth.  I've forgotten how it's calculated, I just remember that a PEG ratio of 1-2 is attractive by Graham & Dodd standards."}
{"_id": "448691", "title": "", "text": "I'm a native English speaker and managed a team of Hungarian developers. Ranged from 15 people to 22 at our biggest, I think. I was not quite fluent in Hungarian at the time, and I found it was actually much easier than you would expect to manage the team.  The majority of them had at least a little bit of familiarity with English, but only one or two were fluent.  So, for the most part, the team liked to help me find the right words/phrasing for what I was trying to say. It became a collaborative effort, rather than me telling them what to do.  Plus, the unintended hilarity of saying entirely the wrong thing always broke the tension.  Being not fully fluent also required us all to keep our communications and thoughts rather basic. So we couldn't get mired in jargon, or go off into the weeds on some bit of esoteric nonsense. We kept it simple.  And if something complex needed to be expressed, then I could talk in detail with one or two of the guys that spoke English well, and they could translate for the rest of the team."}
{"_id": "448699", "title": "", "text": "\"First add the inflation, then minus your expenses for the year. If you are better than that, you have done \"\"good\"\".  For example: -  1.)You have $10,000 in 2014. 2.) You need $1,000 for your expenses in 2014, so you are left with $9000. 3.) Assuming the inflation rate is at 3 percent, the $10,000 that you initially had is worth $10,300 in 2015. 4.) Now, if you can get anything over 10,300 with the $9,000 that you have you are in a better position than you were last year i.e(10300-9000)/9000 - i.e 14.44%. So anything over 14.44 percent is good. Depending on where you live, living costs and inflation may vary, so please do the calculation accordingly since this is just an example. Cheers\""}
{"_id": "448713", "title": "", "text": "\"if it opens below my limit order  What exactly are you trying to achieve here? If your limit order is for 100 and the stock opens \"\"below\"\" your limit order, say 99, then it is obviously going to buy it automatically.  also place a stop loss on the same order  Most brokers allow limit + stop loss order at the same time on same order.  What I conclude from your question is that you're with a broker that is using obscure technology. Get a better broker or maybe, retry phrasing your question correctly.\""}
{"_id": "448718", "title": "", "text": "&gt; Show me proof that Microsoft's starting salaries are over $100k. The last figure I saw was $86k.  That figure must be several years old - $86k base pay sounds about the range they were paying in 2006 or so. About a year ago Microsoft handed out massive across-the-board pay raises to everyone to bring their salaries in line with those offered by Apple and Google. But obviously like all companies they keep the exact figures hidden from public.  About two years ago I knew some college graduates going to work for Microsoft, and they were already in the $90k range even before the sweeping pay raises which happened mid last year.  And this is all of course all referring to base pay and doesn't count bonuses. Because of the way Microsoft's review process works, almost everyone receives a bonus at the end of the year. 90% of engineers at MS will receive as a bonus 10-20% of their annual salary in cash, and an additional 10-20% of their annual salary in stock.  Now people don't usually count those when comparing base pay, but if you want to look at total compensation it's *easily* past six figures even if you assume a really low base pay like $86k."}
{"_id": "448721", "title": "", "text": "\"And at this point the term becomes relative, rather than absolute.  You are only able to \"\"claim\"\" territory you are able to defend, for there is no large, objective body that guarantees your ownership of this territory.  If you are unable to defend your territory, you lose it. You will either be killed or driven out, and now YOU are the \"\"trespasser\"\" should you return.  You envision a dystopia. Good luck.\""}
{"_id": "448743", "title": "", "text": "\"Declaring bankruptcy is not \"\"stealing\"\", as you forfeit the property once you repudiate the debt.  The article correctly states that consumers should exercise the same rights as mega corporations to walk away from bad deals, and not feel bad about it.  I agree strongly with the article.\""}
{"_id": "448745", "title": "", "text": "R/stockmarket is probably the best.  When I have some free time I can test that strategy back as long as you would like in quantstrat, although the only problem with testing futures is joining the consolidated contracts, however I can test it with SPY as SPY returns and ES_F track very closely."}
{"_id": "448748", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [My business Partner](https://np.reddit.com/r/talkbusiness/comments/784k4w/my_business_partner/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "448751", "title": "", "text": "\"... until they collapse too!!!  This is \"\"Luft Gesheft\"\": German/Yiddish for \"\"making money out of thin air\"\".  Money should be made by making things and building things - adding value to something.   Apple Computers is one example - they make real money.\""}
{"_id": "448759", "title": "", "text": "\"This can be done, and there have been many good suggestions on things to do and watch out for.  But to my shock I don't see anyone offering any words of caution about property managers! Whatever you do, don't assume they have your best interests at heart.  Do not assume that \"\"no news is good news\"\" and that if you aren't hearing of problems and are just collecting rent checks, everything must be fine. You can easily end up with tenants you would never have allowed yourself, or tenants with pets that you would not have allowed, etc.  Especially if the manager doesn't want you to have a vacancy and potentially lose you as a client, they may very well lower their standards just to get the place occupied.  And a year or two or three later, you may find yourself looking at a very large repair bill and wonder how on earth it could have happened when you supposedly had someone looking out for your property! There are quality, ethical property managers out there.  They are not all bad to be certain.  But whatever you do, check up on them.  And with multiple properties - especially if in multiple areas/states etc. - this can be nearly a full time job in itself.  As the saying goes, \"\"Trust, but verify\"\".  I have never found this to apply more than with rental properties and property management. Don't leave anything significant to them 100%.  You can't even assume that a rule like \"\"all expenses over $50 must be cleared by me first\"\", as that can simply mean that they don't bother to come to you for certain kinds of repairs that would cost more than that, or that they just get them \"\"taken care of\"\" by their own person (done poorly, illegally, etc.) and never tell you.  Never trust their choice of tenants blindly.  Visit the place yourself at least every few months - a quick driveby at a minimum or better if you can, arrange a reason to walk through the house personally.  Check the back yard, never assume that the front yard is indicative of anything else.  Never assume that a \"\"no pets\"\" rule will be followed, or that tenants wouldn't lie to the management about having pets.  Never assume that the tenants won't move additional people into the property as well. Always expect a bare minimum of 1 month vacancy every year, and an additional minimum of 1 month's rental revenue in unexpected maintenance/repairs every year.  This is at a minimum!  You might do much better than this, and have a high quality tenant in place for years who costs next to nothing in extra maintenance.  But do not count on it. Rental real estate investing looks so simple on paper, where it's just numbers.  But reality has a very rude habit of surprising you when you least expect it. After all, no one expects the Spanish Inquisition! Good luck!\""}
{"_id": "448769", "title": "", "text": "If you are looking at domestic transfers, all Banks hold accounts with the Central Bank [Reserve Bank] , in US the Central Bank is called Federal Reserve. The money from account of Bank of America held with Fed is debited and the account of Citi held with Fed is credited."}
{"_id": "448784", "title": "", "text": "The problem is that the reason you find out may be that you are at the car dealer, picked out a car, and getting ready to sign the loan papers with your supposedly good credit, and you are denied for late payment on loans you didn't know you have.  Or debt collectors  start hounding you.  Or you credit card interest rates go up.  Or you are charged more for your insurance because you are seen as a bad credit risk.  Or you can't rent an apartment.  The list is almost endless. It can takes many months and hours spent on the phone to fix these things."}
{"_id": "448788", "title": "", "text": "Good people cost good money.  There are engineers in India that are AMAZING.  Guess what?  They are just as expensive as amazing engineers in the US.  When you hire cheap employees you get cheap work. Doesn't matter where it is.  It doesn't matter though, senior management just plays the game.  Cut costs, bump up the stock, collect your bonus, find a new job where you can tell them all about how much money you saved your last company and repeat the cycle there.  Meanwhile 2-5 years later all of these companies start [suffering huge problems ](http://www.cnbc.com/2017/05/27/british-airways-says-computer-outage-causing-global-delays.html) because their IT has gone to shit."}
{"_id": "448789", "title": "", "text": "Their reasoning is probably that by eliminating the option for company stock, employees now are exposed to less risk. That is, if the company goes bk, they're only exposed to the company through their paycheck and not their paycheck plus retirement savings.   In reality, it's probably a classic case of buy high and sell low. That is, your plan admin (HR or legal, probably) thinks that since the price went down, they should sell."}
{"_id": "448790", "title": "", "text": "This entirely depends on two factors: Now let's look at what AppleCare gives you: What it covers is any manufacturing defect. It also covers you for phone support, as otherwise it's a $49-per-incident charge even for simple issues. It also covers any software issues that you may come across as long as the issues pertain to Apple software or the operating system itself. What it doesn't cover is any damage caused by the user. If you snap the corner of the screen, drop it, spill liquid on it, modify it, etc... then you're responsible for paying the repair costs. If you're outside of phone support, then you're going to have to pay someone to fix any problems you come across. Now if we're to trust this handy study done in 2009, then we can say that the 3-year failure rate for Macbooks and Macbook Pros is 17.4%. We could go ahead and say that $350 / $2000 = 17.5% so the chances match up, but what's the likelihood that Apple is going to cover the full $2000? Only under extreme cases are you losing the full $2000 (theft, shock damage, etc...), and those are all cases that Apple won't cover anyways. Instead we're looking at cases such as (Please keep in mind it has been several years since I worked for Apple, so these figures may be off): So this reduces our possible savings significantly. Let's then also look at what the warranty becomes after they fixed a part: A replacement part or Apple Product, including a user-installable part that has been installed in accordance with instructions provided by Apple, assumes the remaining term of the Warranty or ninety (90) days from the date of replacement or repair, whichever provides longer coverage for you. Which means in this case that you have a 90-day warranty after they've fixed an issue. This significantly reduces the likelihood of a same part going bad multiple times in a row. Therefore the chances of that $350 being worthwhile are very much against you. Even if the system does fail in some way, it is likely that the repair would be cheaper than the AppleCare. The chances of running into a repair or series of repairs that pays for the AppleCare and then some are astonishingly low. I would still get it if you were giving it to someone who was significantly lacking in any technology concepts (such as a parent or grandparent) as they are more likely to utilize the extended phone support, especially for smaller things that they might nag you about!"}
{"_id": "448791", "title": "", "text": "One way to reduce the monthly payment due each month is to do everything to eliminate one of the loans. Make the minimum payment to the others, but put everything into eliminating one of the loans. Of course this assumes that you have separate loans for each year of school.  Make sure that in trying to get aggressive on the loan repayment that you don't neglect the saving for a down payment. Each dollar you can put down will save you money on the mortgage. It might also allow you to reduce the mortgage insurance payments. If you pay one student loan back aggressively but can't eliminate it you might be worse off because you spent your savings but it didn't help you qualify for the mortgage. One way to maximize the impact is to not make the extra payments until you are ready to apply for the mortgage. Ask the lender if you qualify with all the student loans, or if you need to eliminate one. If you don't need to eliminate a loan, then apply the extra funds to a larger down payment or pay points to reduce the interest rate."}
{"_id": "448793", "title": "", "text": "\"I'm guessing the part where they used a substance he uses and nothing else. Weed is fun but stoner \"\"culture\"\" represents the absolute dregs of humanity.  If you don't believe me, search for \"\"rips and Tecate\"\" on YouTube and try not to commit suicide.\""}
{"_id": "448796", "title": "", "text": "Well technically the Bank in Europe does not care about the Beneficiary Account Number [i.e. your Account number in Canada]. Use the format that is most commonly used in Canada. Generally if you quote with Bank/Branch identifiers it would be better."}
{"_id": "448811", "title": "", "text": "Why pick one - blame both.  The government and politicians have done a bad job of regulating the industry, and have effectively taken bribes to allow this - so vote appropriately and let them know why.  Comcast is a shitty company that doesn't care about its customers - so you should vote with your wallet and avoid them.  Neither is innocent."}
{"_id": "448813", "title": "", "text": "\"Yes yes, beholden to the shareholders at all possible costs of morals, ethics, or long-term sustainability. The wonders of the stock market.  Nonetheless, it's not entirely true. He has a responsibility to do what the shareholders want, which might not be \"\"profit above all.\"\" Furthermore, since he is the biggest shareholder, he has the largest single say in what the shareholders want. In fact he and the Legg Mason company own just under 50%, so they pretty much get to decide between them what to do.  Now add to that the fact that being a patent troll isn't necessarily a profitable strategy, nor a particularly palatable behaviour, and it's pretty easy to say \"\"we will not go down this road,\"\" and get wholehearted approval.  FINALLY, it doesn't change the fact that Bezos is still a fucking hypocrite.\""}
{"_id": "448816", "title": "", "text": "Hi there. I think China is recommended for premanufactured products given their GDP output. The specific products may exist in the US too. The key is networking. Starting online retail, you are essentially ecommerce and or sales. There may be people seeking sales reps for their products.   You should have a specific business plan targetting the niche you plan to sell and cater to. Thomasnet has US manufacturers. You may have to get clever and work out deals selling manufactured goods but with work it can be done. I personally have seen way too many issues result of dealing with imports and know of many rookie mistakes in business where people have gone this route due to price.  Sources: MBA, marketing apprentice for multi millionaire, business apprentice working with manufacturing operations director with civil and military experience; former freelance design, project management and product manufacturing experience."}
{"_id": "448824", "title": "", "text": "\"Look, I agree that there needs to be some safeguards in place for consumers. No question about it.  But if we say, \"\"Hey, they need to follow the same rules as taxis!\"\", then we'll just end up with no Uber or Lyft and the same broken system we have now.  Uber and Lyft provide a service that consumers obviously love and value. Taxis would be wise to find ways to improve their service AND try to relax regulations that would allow their industry to thrive, as well.  I'm confident they can co-exist, but it's absurd to want to maintain the status quo just because taxis don't like the shifting marketplace. Lower, flexible fares, easy ordering, easy transactions and cleaner cars aren't that difficult to achieve.  And the cost of medallions has got to go. It's an absurd barrier to entry that serves no purpose whatsoever.\""}
{"_id": "448833", "title": "", "text": "I work next door to their office in Little Rock and you're right, that's not a lot of profit on the sales they make.  Acxiom is notorious in Arkansas for going on layoff binges every couple of years where at least 1/4  to 1/3 of their workforce is let go.  It has a lot to do with their razor thin margins.  That said, my company is currently using some of their data for market analysis and it's pretty good stuff."}
{"_id": "448839", "title": "", "text": "Drug abuse is accepted reliable manuscripts base on mental health, neurological and substance abuse problems and service systems. We provide the best Drug addiction program in the United States.The indication of substance abuse is the addiction or dependence that has continued in spite of facing the side impacts or negative outcomes because of the utilization of that substance. There are experts who give treatment to substance utilize clutters."}
{"_id": "448846", "title": "", "text": "They have fought renewable clean energy since the 1970s. I'm 52.  I remember it. The very first thing Reagan did was take he solar panels off the White House that Jimmy Carter installed. We lost 20 years of development under Reagan and both Bushes."}
{"_id": "448856", "title": "", "text": "Silvrback is the best blogging platform for programmers. With a minimalistic design and jargon-free platform, Silvrback offers programmers a space where they can work without distractions. The platform offers efficiency, security and freedom to create content that you want. Our platform is designed for a wide range of programmers and provides a simple but highly effective solution for less."}
{"_id": "448872", "title": "", "text": "\"IMO, what it seems like you've done is nothing more than having screened out a company worth further investigation. The next step would be a thorough analysis of the company's past financials and current statements to arrive at your own opinion / forecast of the immediate and far future of the company's prospects.  Typically, this is done by looking at the company's regulatory filings, and maybe some additional searching on comparison businesses.  There are many sources of instruction for how one might \"\"value\"\" or \"\"analyze\"\" a company, or that provide help on \"\"reading a balance sheet\"\".  (This is not an easy skill to learn, but it is one that will prove invaluable over a lifetime of investing.) It is possible that you'll uncover a deteriorating business where the latest selling, and subsequent drop in price that caused the high yield, is well-deserved.  In which case, you know to stay away and move on to the next idea. On the other hand, you might end up confident that the company is not suffering from a drop in sales, rise in expenses, growing debt payments, loss of \"\"moat\"\", etc.  In which case, you've found a great investment candidate.  I say candidate because you still may decide this company isn't for you, even if the financials are right, because you might find better opportunities for an equal, or acceptable, return at lower risk while you're researching. As to the yield being high when there are no problems with the fundamentals of the business, this may simply be because of panic selling during this past few week's downturn, or some other sort of temporary and superficial scare.  However, be warned that the masses can remain irrational, and thus the price stay suppressed or even drop further, for longer than you're willing to wait for your ROI.  The good news is that in that case, you're being well compensated to wait at a 11+% yield!\""}
{"_id": "448890", "title": "", "text": "As always with investments, it depends on your risk adversity. I don't want to repeat the content of hundreds of recommendations here, so just the nutshell: (For qualified investments,) the more risk you are willing to take, the more returns you'll get. The upper end is the mutual funds and share market, where you have long-term expectations of 8 - 10 % (and corresponding risks of maybe +/- 50% per year), the lower end is a CD, where you can expect little to no interest, corresponding to little to no risk. Investing in shares/funds is not 'better' than investing in CDs, it is different. Not everybody likes financial roller-coasters, and some people mainly consider the high risk, which gives them sleepless nights; while others just consider the expected high long-term gains as all that counts. Find out what your personal risk adversity is, and then pick accordingly."}
{"_id": "448908", "title": "", "text": "This ETFchannel.com page shows which ETFs hold Wells Fargo and you can search other stocks the get the same information on that site. This the same information for Google This even tells you what percentage of an ETF is a particular stock.  Be warned that this site is not entirely free. You will be limited to 6 pages in 6 hours unless you pay for a subscription. Additionally ETFdb.com offers a similar tool."}
{"_id": "448912", "title": "", "text": "\"LED Candles unique MCOB LED Design, Low thermal resistance allows more light output at the same current fewer LEDs achieve the same level of light intensity,LEDs run cooler and longer. Mounted in full view in chandeliers, wall scones LED Candles or modern luminaires LED Candles, the clear or frosted glass candles fit all existing fixtures with an E14 socket. [url=\"\"http://www.ledaladdin.com/led_candles/led_candles.html\"\"] led candles [/url]\""}
{"_id": "448916", "title": "", "text": "I deliver for Caviar. They've treated me well and allowed me to work as much as I'd like. It's a hard job but at least I have a job. I think it was smart to sell. Our economy is going to r/collapse soon anyway."}
{"_id": "448925", "title": "", "text": "\"Who are \"\"they\"\" who should be \"\"respectful\"\"?   The liberal professors, or the students?  And if the students are \"\"respectful\"\", does that means that can stand up to their opinions? Are they going to pass the classes if they express or write their true opinions (i.e. being not \"\"respectful\"\")?\""}
{"_id": "448938", "title": "", "text": "\"The 3-letter tickers are from a different era.... Nowadays the usage of tickers is more of a \"\"legacy\"\" tradition rather than a current necessity. As such they're no longer limited to 3 characters. And the characters don't have to be related to the actual name. For example a company named Alphabet is trading on NASDAQ under the ticker \"\"GOOGL\"\". It has 5 characters, not 3, and (almost) none of them appear in the name of the company (used to, but not anymore).\""}
{"_id": "448948", "title": "", "text": "Are you talking about printing up more of the same kind of bill, or printing up a different kind of bill?  You'll have different answers based on which one you mean. If it's a different kind of bill: Governments don't like competition in this matter. In US history there are examples of the government shutting alternative currencies down.  A recent run at an alternative currency is the Liberty Dollar.  The similarity is not lost on BitCoin or even Chuck E. Cheese (last one is a satire, but I did worry for a second as I still have a bunch of those tokens!). If it's the same kind of bill: The currency is a tool of the government (in the US) and it does the sourcing for its production.  There isn't a whole lot of reason for others to get involved, really.  It's special paper, special plates, special presses, special everything, and doing it in one place ensures some consistency of product.  There aren't any compelling reason to open up another manufacturing channel to produce exactly the same product. There's no real economic benefit for banks to print their own money.  The larger ones play a key role in shaping how much is printed, but actually printing the bills is an offshoot of this."}
{"_id": "448952", "title": "", "text": "I don't think that the trading volume would impact a broker's ability to find shares to short.  You might think that a lot more people are trying to short a stock during regular trading hours than in the pre-market, and that's probably true.  But what's also true is that a lot more people are covering their shorts during regular trading hours than in the pre-market.  For stocks that have difficulty in finding shares to short, any time someone covers a short is an opportunity for you to enter a short. If you want to short a stock and your broker is rejecting your order because they can't find shares to short, then I would recommend that you continue placing that order throughout the day.  You might get lucky and submit one of those orders right after someone else has covered their short and before anyone else can enter a short.  I have had success doing this in the past."}
{"_id": "448969", "title": "", "text": "\"&gt;I'm begging you, please find me a source on this one I'd love to see their thorough investigation.  Sessions has literally said, \"\"I thought those KKK guys were fine until I found out they smoked pot.\"\"   You can also see it in his prioritization of drug enforcement policies which have known outcomes disproportionately affecting POC but I bet this argument isnt direct enough to meet your standards. Simultaneously I predict you will say his KKK statements don't mean anything, making any argument with you futile. But we have to try right?  [Heres a look from the anti defamation league that shows bannons direct ties to supporting white supremacy in the media.](https://www.adl.org/education/resources/backgrounders/stephen-bannon-five-things-to-know)  Either youre ignorant or fanatical, in either case you are fitting in the position of mindless consumer. Pay more attention.\""}
{"_id": "448981", "title": "", "text": "am I allowed to transfer into NRE account from paypal? Credits into NRE accounts are restricted. It has to be established that the funds being credited are income outside of India. In case of paypal, paypal uses local clearing to credit funds into Bank Accounts. So essentially one cannot credit NRE account by domestic clearing network like NEFT. It is best that you withdraw the funds into Bank Account outside India and use SWIFT or remittance service to credit your NRE account. I do not want to transfer to an NRO account since the money credited into it will become taxable. This is not the right assumption. Credits into NRO are not taxable by default; if you establish that the funds are from outside India, there is no tax on the income money transferred from abroad into the NRO account. However, the interest that will be paid by the bank on the balance of the NRO account is taxable income in India and is subject to TDS. In contrast, interest paid on the balance in an NRE account is not taxable in India and is not subject to TDS as long as you maintain NRI status. However it does make sense to keep accounts segregated, i.e. income generated in India, credit the NRO account and income generated outside India credit to NRE."}
{"_id": "448990", "title": "", "text": "Basically for Bitcoin it's value has gone up because people are starting to be more confident that it isn't going to tank overnight. More business are accepting it as payment so it's usefulness is going up. As you said, yes, there are limited amount of it but it has a very unique property: it can be split into very small pieces so the value of 1 BTC doesn't necessarily matter.  Facebook value isn't directly correlated with hope many users it has but those users do help it's value via ads."}
{"_id": "448991", "title": "", "text": "The real folly is in believing that somehow 'regulators' are going to be able to prevent crashes, or even if this is desirable.  Usually the idea that regulators can prevent crashes relies on regulators being issued a retroactive time machine.  Crashes.  Happen.   If regulators had more power and more authority prior to 2008, the housing market crash would have been worse and more severe than it actually was, because regulators were like everyone else - they believed house prices would never go down, and were focussing their efforts on regulating  banks to lend *more* money to *riskier* borrowers."}
{"_id": "448999", "title": "", "text": "Not really. Transfer pricing determines where and at what level you should have profits and what level is considered arm's length. Profits are going to follow where the functions, risks and intangibles are borne under the current regulatory framework. Inverting allows a company to shift intangibles and risk to another country. You cannot just say I want 100% of my profits in Ireland and get away with it. You need to have economic support for why your profits are what they are in each of your jurisdictions."}
{"_id": "449001", "title": "", "text": "There are too many nuances to the question asked to explore fully but here are a few points to keep in mind. If you are a cash-basis taxpayer (most individuals are), then you are not required to pay taxes on the money that has been billed but not received as yet.  If you operate on an accrual basis, then the income accrues to you the day you perform the service and not on the day you bill the client. You can make four equal payments of estimated tax on the due dates, and if these (together with any income tax withholding from wage-paying jobs) are at least 90% of your tax liability for that year, then you owe no penalties for underpayment of tax regardless of how your income varied over the year. If your income does vary considerably over the year (even for people who only have wages but who invest in mutual funds, the income can  vary quite a bit since mutual funds typically declare dividends and capital gains in December), then you can pay different amounts in each quarterly installment of estimated tax. This is called the annualization method (a part of Form 2210 that is best avoided unless you really need to use it).  Your annualized income for the payment due on June 15 is 2.4 = 12/5 times your taxable income through May 31. Thus, on Form 2210, you are allowed to assume that your average monthly taxable income  through May 31 will continue for the rest of the year. You then compute the tax due on that annualized income and you are supposed to have paid at least 45% of that amount by June 15. Similarly for September 15 for which you look at income through August 31, you use a multiplier of 1.5 = 12/8 and need to pay 67.5% of the tax on the annualized income, and so on.  If you miscalculate these numbers and pay too little tax in any installment, then you owe penalties for that quarter.  Most people find that guesstimating the tax due for the entire year and paying it in equal installments is simpler than keeping track of nuances of the annualized method. Even simpler is to pay 100% of last year's tax in four equal installments (110% for high earners) and then no penalty is due at all. If your business is really taking off and your income is going to be substantially higher in one year, then this 100%/110% of last year's tax deal could allow you to postpone a significant chunk of your tax bill till April 15."}
{"_id": "449007", "title": "", "text": "Dr. Arnold has put his complete focus into helping other business owners grow their business and as a result Web Profit Maximizer was born. Today Web Profit Maximizer is made up of a team of specialist passionate about helping businesses like yours achieve your goals and maximize your profits."}
{"_id": "449029", "title": "", "text": "Sure QNX is a good embedded operating system, but it's hardly the lack of a bulletproof real-time OS that's causing RIM problems right now. They were already known for making pretty reliable phones for basic telephony and messaging. Their problem is that the Blackberry OS interface and third-party application support is shit. QNX doesn't help them with that; in fact, it puts them even further behind."}
{"_id": "449032", "title": "", "text": "Central IL here...don't have either of those or In and Out or Whataburger, or White Castle (so sad).  Town has about 120K people.  Lots of McD's, Wendy's, Hardies, and BK (rudest service people).  We just go our first Sonic.  EDIT:  We are the original home of Steak'n'Shake though!!"}
{"_id": "449039", "title": "", "text": "Actually, government bail outs are in the socialist/communist section.  What it really amounts to is cronyism though, which is the kind of corruption that caused communism to fail.  It's not just america, it's everywhere.  If it were capitalism fueling it, the government should have let the companies fail, since apparently the population doesn't want to support them enough."}
{"_id": "449043", "title": "", "text": "Have a look at: Diversify Portfolio. The site provides various tools all focused on correlation, diversification and portfolio construction. You can scan through every stock and ETF listed on the NASDAQ and NYSE to find any kind of correlation you're looking for. You can also create a portfolio and then analyze all the correlations within it, or search for specific stocks that can be added to the portfolio based on correlation and various other factors."}
{"_id": "449055", "title": "", "text": "Automated checkout is coming regardless of minimum wage. Once they figure out a cheap low range radio tagging solution, or work out the kinks with RFID, there's no need for cashiers at all.  You have a manager working customer service and stock boys."}
{"_id": "449062", "title": "", "text": "&gt; In Economics, people are no longer included in the unemployment rate after 1 year of unemployment  ~~Bullshit.~~  [As long as they have actively looked for work in the past four weeks  (which can include asking friends or family about work), they are part of the labor force.](http://www.bls.gov/cps/cps_htgm.htm#unemployed)  Edit: The post is now correct.  I replied hastily and threw in an editorial comment that was unnecessary."}
{"_id": "449079", "title": "", "text": "If something in any transaction in life\u2014financial or otherwise\u2014doesn\u2019t make you feel comfortable and the choice is between saving money with one thing versus another, don\u2019t sell your personal needs short. Pay more elsewhere that treats you the way you expect to be treated. In the long run the $$$ you \u201csave\u201d in a cheaper transaction might cost you more in the headaches and annoyance you have to swallow in dealing with this \u201cbargain\u201d in the future. Your question is this: \u201cDo his sales tactics indicate other underlying problems? How can I deal effectively with those tactics?\u201d And you state this as well: \u201cTo make a long story short, the dealer's aggressive sales tactics have made me somewhat uncomfortable.\u201d And finally ask: \u201cHow can I deal effectively with those tactics?\u201d Okay, first and foremost if you feel discomfort in anything in life\u2014not just a financial situation\u2014just walk away. You might have to say \u201cNo\u2026\u201d when doing this but it\u2019s not always the case you will have to counter aggression with aggression. And specifically in the case of a purchase like this, you need to also ask yourself: \u201cIs this discount being offered me worth the headache I am getting?\u201d At the end of the day money is meaningless and has it\u2019s main worth as an economic motivator/stimulator: Someone has a need and someone else has something that can solve that need. What would it take for the side of need to connect to the side of solution to that need? This is the basic concept surrounding all economics. So that said, I have personally avoided buying things for less money and paid slightly more elsewhere for a service experience that made me feel comfortable. At the end of the day, if you feel happy in the transaction it helps in the long run more than\u2014let\u2019s say\u2014the $20 to $40 you \u201csave\u201d by buying from someone else. Also\u2014on the side of customer service\u2014this person\u2019s sales techniques sound like something out of a very old fashioned sales playbook. Nowadays it\u2019s all about relationships and service: The immediate sale is not as important for competent and reputable businesses because they know a better customer service experience will bring people back. So it doesn\u2019t matter how long this guy has been in business: It could be that he\u2019s been in business a long time just because he has been in business a long time. That said\u2014and in the case of musical instruments\u2014maybe this guy is really good at care and upkeep of instruments but has crappy sales techniques. Keep that in mind as well and just push back on their sales methods. For things like musical instruments, people might be jerks on the sales side but in the maintenance and repair side they are great. Will you need to go to them if/when your instrument needs repair? Or you don\u2019t care? At the end of the day, go with your gut. And if your gut says, \u201cNo\u2026\u201d then just go somewhere else and spend your money on an item you like from a place that treats you the way you need."}
{"_id": "449081", "title": "", "text": "\"From a more technical point of view, a trust is a legal relationship between 3 parties: Trusts can take many forms. People setup trusts to ensure that property is used in a specific way. Owning a home with a spouse is a form of a trust. A pension plan is a trust. Protecting land from development often involves placing it in trust. Wealthy people use trusts for estate planning for a variety of reasons. There's no \"\"better\"\" or \"\"best\"\" trust on a general level... it all depends on the situation that you are in and the desired outcome that you are looking for.\""}
{"_id": "449082", "title": "", "text": "As Pete B says, something is not adding up. If your story is correct you should still have the legitimate check from your employer. If that is the case, your solution is simple. You    If you do not have the good cheque then you are in deep trouble - because then either you didn't have it (in which case you have been lying to us) or you cashed it and spent the money (which means you knew that you had given the bad cheque to the liquor store). Either of those mean you have been deliberately perpetrating a fraud. As for the consequences - be aware that passing a bad cheque is a crime, and if the store reports it as such, it is not unlikely that the police will want to investigate. If they decide you did this deliberately you could be arrested, and you might well end up in jail.  We will do you the favour of assuming that you still have the good cheque, and option 1 is possible."}
{"_id": "449096", "title": "", "text": "The word bespoke means made to order. Bespoke insurance means non-cookie cutter. That mean the thing your are trying to protect, or the risk to that item is not normally covered; so you need a non-standard type of policy. Your neighborhood insurance company doesn't handle a bespoke policy. There are companies that do.  Reinsurance is insurance on insurance. Company X has a risk they want to insure, so they go to insurance company A. After a while insurance company A realizes that they have sold a few of these policies and they have a risk if they guessed wrong. So they take out a policy with insurance company B to protect themselves if more than some percentage of their policies go bad. That policy takes bespoke reinsurance."}
{"_id": "449101", "title": "", "text": "In accrual accounting, you account for items on the income statement when the service has been delivered - in this case, the service that your employees are providing your company. Because of this, you incur the expense in the fiscal year that your employees work for you. So, you incur the expense, and net income decreases by (1-t)*wage expense.  Net income decreases, so owners' equity decreases; to balance you credit wages payable. Once the wages are paid, you decrease the liabilities side (wages payable) and offset it with a Cash change on the assets side."}
{"_id": "449116", "title": "", "text": "\"You would put your earnings (and expenses, don't forget) on Schedule C, and then do a Schedule SE for self-employment tax. http://www.irs.gov/businesses/small/article/0,,id=98846,00.html 1040ES isn't used to compute taxes, it's used to pay taxes. Generally you are supposed to pay taxes as you go, rather than when you file. There are exceptions where you won't be penalized for paying when you file, \"\"most taxpayers will avoid this penalty if they owe less than $1,000 in tax after subtracting their withholdings and credits, or if they paid at least 90% of the tax for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller\"\" from http://www.irs.gov/taxtopics/tc306.html  i.e. there's a safe harbor as long as you pay as much as you owed the year before. If you owe a lot at the end of the year a second time in a row, then you get penalized.\""}
{"_id": "449117", "title": "", "text": "Just to aid your searching, note that what your employer has provided you with access to is a Group Personal Pension . Now, as to the question of whether partial transfers from a GPP to a SIPP are possible - the answer would appear to be Probably Yes; however you should contact the pension administrator at your employer (who will be able to give both the employer's and the scheme's points of view), and also the SIPP provider you are considering, to get a definitive answer. I'm basing this on the results I'm seeing googling for 'partial gpp transfer', eg Partial transfer from group pension possible? and Is it possible to transfer?. Add to that the fact that one of the largest UK SIPP providers explicitly includes a 'Partial Transfer' checkbox on their pension transfer form."}
{"_id": "449121", "title": "", "text": "I'd rather they just ran the campaign without the BP name attached. Why can't they just promote the Gulf Coast? No one said they should walk away - but it wouldn't take much to remove the BP name and logo from the end of the commercial (which is a distraction from the purpose of the ad anyway)."}
{"_id": "449124", "title": "", "text": "In addition to all the good information that JoeTaxpayer has provided, be aware of this. When you sell mutual fund shares, you can, if you choose to do so, tell the mutual fund company which shares you want to sell (e.g. all shares purchased on xx/yy/2010 plus 10 shares out of 23.147 shares purchased on ss/tt/2011 plus...) and pay taxes on the gains/losses on those specific shares. If you do not specify which shares you want sold, the mutual fund company will tell you the gains/losses based on the average cost basis and you can use this information if you like. Note that some of your gains/losses will be  short-term gains or losses if you use the average cost basis. Or, you can use the FIFO method (usually resulting in the largest gain) in which the shares are sold in the order in which they were purchased. This usually results in no short-term gains/losses. Just so that you know, most mutual fund companies will link your checking account in your bank to your account with them (a one-time paperwork deal is necessary in which your bank manager's signature is required on the authorization to be sent to the fund company). After that, the  connection is nearly as seamless as with your current system. Tell the fund company you want to invest money in a certain mutual fund and to take the money from your linked checking account, and they will take care of it.  Sell some shares and they will deposit the money into your linked bank account, and so on.  The mutual fund company will not accept instructions from you (or someone purporting to be you) to sell shares and to send the money to Joe Blow (or to Joe Taxpayer for that matter): the proceeds of redemptions go to your checking account or are used to buy shares in other mutual funds offered by the company (called an exchange and not a redemption). Oh, and most fund companies offer automatic investments (as well as automatic redemptions) at fixed time intervals, just as with your bank."}
{"_id": "449131", "title": "", "text": "A retail revolving account is a more formal name for a general credit card.   A revolving account is an account created by a lender to represent debts where the outstanding balance does not have to be paid in full every month by the borrower to the lender. The borrower may be required to make a minimum payment, based on the balance amount. Retail Revolving Account Wikipedia This is different from something like a car loan or mortgage or other more structured or secured debt.   It used to be somewhat common for very large retailers to issue lines of credit to their customers in the form of a store card.  This card was a lot like a credit card but only accepted at the specific retailer.  These kinds of cards are all but extincted.  Now major retailers will simply co-brand a credit card with a major bank, the differentiation being preferred rewards when used at the retailer."}
{"_id": "449143", "title": "", "text": "This guy has been saying this for the last 6 years:  &gt; 2011:   100% Chance of Crisis, Worse Than 2008: Jim Rogers   2012:   Jim Rogers: It\u2019s Going To Get Really \u201cBad After The Next Election\u201d   2013:   Jim Rogers Warns: \u201cYou Better Run for the Hills!\u201d   2014:   JIM ROGERS \u2013 Sell Everything &amp; Run For Your Lives   2015:    Jim Rogers: \u201cWe\u2019re Overdue\u201d for a Stock Market Crash   2016:    $68 TRILLION \u201cBIBLICAL CRASH\u201d Dead Ahead? Jim Rogers Issues a DIRE WARNING   2017:   THE BOTTOM LINE: Legendary investor Jim Rogers expects the worst crash in our lifetime    https://finance.yahoo.com/news/extreme-market-predictions-like-jim-rogers-provide-no-value-144747654.html  He'll eventually be right. As they say, a broken clock is right two times a day."}
{"_id": "449147", "title": "", "text": "\"You can have a positive expected return on a lottery ticket purchase, but only if the lottery requires all players to pick their own numbers and doesn't have an option to buy a ticket with a randomly generated set of numbers. This is because people are very bad at picking random numbers, and will tend to pick numbers that are fairly evenly spaced or based on dates rather than genuinely random numbers. For example in January 1995 the UK national lottery happened to have fairly well-spaced numbers (7, 17, 23, 32, 38 & 42), and there were 133 winners with all six numbers. So they way to win is to wait for a draw where a rollover jackpot is high enough that your expected winnings are positive if you are the only winner, and pick a set of numbers that looks stupidly non-random, but is not so very non-random that people will have picked it anyway, like 1, 2, 3, 4, 5, 6. For a \"\"pick 6 in the range from 1-49\"\" lottery you might pick something like 3, 42, 43, 44, 48, 49. But it doesn't work if there's a random option, since a significant number of players will use it and get genuinely random numbers, and so your chances of being the only winner get much smaller.\""}
{"_id": "449155", "title": "", "text": "I don't think there could be a better response, thank you. This example is actually quite close to my own. After lots of crappy jobs and bad experiences finding jobs, I knew there was a better way to find a job you really fit into, but having no business experience outside of freelancing, starting it as a hobby seemed like a good idea. I actually work in IT by trade.  This is something I'm very passionate about, and I hope I can use it to make a difference in someone's life.  Your site looks amazing. It's look great and I'm happy for you."}
{"_id": "449175", "title": "", "text": "&gt; Deregulation was, in part, the result of an ideology. A lot of weight was given to the business community and the people of the top. Corporations and the one percent. It reflected the increasing influence of money in politics. That itself again led to more inequality. Under Bush, you get bills where the government said that it would not bargain with the drug companies, giving the drug companies over a half trillion dollars over 10 years, lowering progressive income taxes, special provisions for capital gains and dividends. Things in turn which created a more distorted economy and a more unequal society. So some of the forces that gave rise to deregulation gave rise to these other activities that also gave rise to inequality.  [All on one page](http://www.alternet.org/story/155918/exclusive_interview%3A_joseph_stiglitz_sees_terrifying_future_for_america_if_we_don%27t_reverse_inequality?page=entire)"}
{"_id": "449189", "title": "", "text": "Correct.  What exactly is Uber spending its money on? Their platform service has no inherent capital costs. They're not renting a fleet.  Amazon is creating distribution centers and cutting prices in order to undercut existing distributors. Tesla is creating gigafactories and supercharging stations, as well as reinvesting in innovation for solar panel tiles and electric 18 wheelers.   Uber beat taxis a long time ago. Their prices were good since at least 2014. What are they spending money on? Software dev?"}
{"_id": "449218", "title": "", "text": "Don't misunderstand man, I'm all about alternative energy.  I bought a Japanese Delica because they have the room I need and they're stupidly good on diesel.  (sadly, I blew the head at Christmas, now I need to get a new one, and until then I'm in an 07 Caravan).  I'd like to add solar panels to the farmhouse once all the other expenses are taken care of, and over the winter we only burn wood for heat in a high-efficiency triple-burn woodstove."}
{"_id": "449229", "title": "", "text": "Thank you BettaBorn for voting on haikubot-1911.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "449238", "title": "", "text": "Exactly. This is ridiculous for him to blame his poor management on a man that has very little to do with his taxes.  He should be blaming Congress, if anyone.  That being said, it's all just bullshit anyways. Just like if Romney is elected, the Universal Health Care Act won't disappear, etc etc. It's all pandering; if elected, they'll both stay as center as possible to keep polls positive."}
{"_id": "449243", "title": "", "text": "Not that I'm a huge expert, but from what I can tell the only ways an attorney can even get a strongly worded letter from the bar are:  - Fuck with a client's money - Embarrass or piss off the judge  Just about everything else seems to be par for the course."}
{"_id": "449253", "title": "", "text": "The answer is the next sentence from the Wikipedia article: The precise manner in which interest is charged is usually detailed in a cardholder agreement which may be summarized on the back of the monthly statement.  Your previous question on credit card interest rates quotes the sentence after this. You have to review what the agreement for your card says. Also keep in mind the bank wants to make money from you. The more interest and fees they collect, they better they like you. If enough card holders adjust their behavior, to minimize interest and fees; the bank will then adjust the credit card agreement to get money a different way.  Yes, you are right it would seem fair to only charge interest on the smaller amount, but that doesn't allow the credit card issuer to maximize profits."}
{"_id": "449255", "title": "", "text": "I do understand that, i own a few small business, and have employees.  Raising the minimum wage will allow you to have more customers.  The reason you have none is because they make minimum wage, the only people who can shop at your deli are people with disposable incomes.  Furthermore restaurants are one of the most volatile businesses out there.  Its at 60% failure rate.  Id get out of the food market all together because its just too much of a risk.  Its more about getting a lucky nitch that makes people want to come back, and unless you had something to make you stand out it was extremely hard to keep that going.  I know a few people who even had that and failed.  Its just such a gamble when opening up an eatery of any kind."}
{"_id": "449275", "title": "", "text": "Consider firstly that they're penny stocks for a reason - the company just isn't worth much. Yes, it could take off but this happenstance is rarer than you think. Next, there is the problem of how you'd find out what the good stocks to invest in are. Here in the UK, reliable news about stocks outside the FTSE indexes (AIM) is hard to come by. Also consider than there isn't the supply and demand for these stocks in the same way as there is in the main indexes. Even if you were to make a tidy profit over time, you might lose what you made in the delay selling the stock. Start-ups also have the problem of poor cash reserves so new employees are often given stock options in lieu of cash which further depresses the share price. I read a report once that said that only 1 in 10 penny shares yields a worthwhile return. I just don't like these odds so I tend to avoid."}
{"_id": "449279", "title": "", "text": "If bank B has a transfer limit set, you bet that there is a nice reason for that. Either risk of fraud, liability, client preferences, profiling, credit scoring, etc, etc. For a bank, the cost of denying something [1] is way lower than the potential damages and liabilities of allowing something to go through.  Regarding your concerns for the ACH, here is the summarized transaction walkthrough source: An Originator\u2013 whether that\u2019s an individual, a corporation or another entity\u2013 initiates either a Direct Deposit or Direct Payment transaction using the ACH Network. ACH transactions can be either debit or credit payments and commonly include Direct Deposit of payroll, government and Social Security benefits, mortgage and bill payments, online banking payments, person-to-person (P2P) and business-to-business (B2B) payments, to name a few. Instead of using paper checks, ACH entries are entered and transmitted electronically, making transactions quicker, safer and easier.  The Originating Depository Financial institution (ODFI) enters the ACH entry at the request of the Originator.  The ODFI aggregates payments from customers and transmits them in batches at regular, predetermined intervals to an ACH Operator.  ACH Operators (two central clearing facilities: The Federal Reserve or The Clearing House) receive batches of ACH entries from the ODFI.  The ACH transactions are sorted and made available by the ACH Operator to the Receiving Depository Financial Institution (RDFI).  The Receiver\u2019s account is debited or credited by the RDFI, according to the type of ACH entry. Individuals, businesses and other entities can all be Receivers.  Each ACH credit transaction settles in one to two business days, and each debit transaction settles in just one business day, as per the Rules.  Take heed of this like:  The Originator initiates a direct deposit/payment transaction. In your scenario, the originator would be B. But since the transaction amount is higher than the limit, B would not even initiate the ACH transaction. The request would be denied. So the transaction would look like this: [1] Usually this cost comes down to just the processing costs of the denied transaction (and it is rather fail-fast like). For the other parties involved it may have additional costs (missed deadlines, penalties for not fulfilling an obligation, fines, etc), but for the bank that is irrelevant."}
{"_id": "449280", "title": "", "text": "\"You seem to have it right. You will be selling what's known as a covered call. When you sell the call, you enter it as \"\"sell to open\"\" and the system should see that you own the stock. You need to be approved for options trading, not all accounts are.  As far as this particular trade goes - No, the stock doesn't necessarily get called away the day it's in the money, but it can be. If the stock closes just in the money around the time of expiration are you ok will selling it for the strike price? Remember, the option buyer is taking a small risk, the cost of this option, hoping the stock will go far above that price.\""}
{"_id": "449285", "title": "", "text": "I would **highly recommend** taking a couple of courses in Google Analytics (beginner and advanced) to learn how to track your site's traffic and audience. These courses will teach you how to create live analytic reports, track traffic by individual page, and view countless metrics like bounce rates, average time spent on a page, and which find out pages are typical landing pages. You can also find from where most of your traffic is sourced, and what channels access your site most. In addition, you can track your own ad campaigns and their effectiveness.   For advertising, I would strongly recommend a course in Google AdWords. This course will teach you the top methods of producing effective online ads (in-app mobile, YouTube, graphic displays, text-based ads on search results, etc.).  These courses are both **free** on the Google Analytics Academy, and a certification in them looks great on a resume.  Cheers!"}
{"_id": "449294", "title": "", "text": "If you can get a rate of savings that is higher than your debt, you save.  If you can't then you pay off your debt.  That makes the most of the money you have. Also to think about:  what are you goals?  Do you want to own a home, start a family, further your education, move to a new town?  All of these you would need to save up for.  If you can do these large transactions in cash you will be better off. If it were me I would do what I think is a parroting of Dave Ramsay's advice Congratulations by the way.  It isn't easy to do what you have accomplished and you will lead a simpler life if you don't have to worry about money everyday."}
{"_id": "449308", "title": "", "text": "I'm implying that I have no actual intent to kill a foreign peasant, whereas I have every intent to burn big-box stores to the ground.  If it wouldn't land me in jail, or I could do it as part of a proper class uprising.... I totally would.  Fuck that corporate shit."}
{"_id": "449333", "title": "", "text": "\"Steve VanWieren, VP of DATA   \"\"it bothered me how much access just about any employee had to the personally identifiable attributes. I would see printed credit files sitting near shredders, and I would hear people speaking about specific cases, speaking aloud consumer\u2019s personally identifiable information.\"\"  TL;DR - Pretty much a majority of employees were LAZY, talked to each other about the files, made fun of the scores, printed them out, and did not give shit.\""}
{"_id": "449336", "title": "", "text": "\"Sitting for the exam won't really make you \"\"stand out.\"\"  If it was a choice between evilyogurt vs. evilyogurt and taking CFA L1 I suppose I would take the latter.  But if it was a choice between evilyogurt CFA L1 and goodyogurt w/ internship or some experience I would choose the latter.  So in other words, it won't really open doors but it certainly won't hurt.  Only take it if it is what you want to do, not to stand out.  Also, most places care more about the letters CFA than actually taking the exam and they know you need 4 years qualifying work experience.  So they don't really care if you have taken it now or a year from now cause you won't be able to use those letters for four years anyway.  Anyway, good luck on your job search.\""}
{"_id": "449340", "title": "", "text": "What would be the best city matched to their criteria?  Here is a list of 40 cities with international airports (one of their criteria):  * Atlanta * Chicago * Los Angeles * Dallas-Fort Worth * Denver * New York * San Francisco * Charlotte * Las Vegas * Phoenix * Houston * Miami * Orlando * Newark * Seattle * Minneapolis * Detroit * Philadelphia * Boston * New York * Fort Lauderdale * Baltimore * Washington * Salt Lake City * Washington * Chicago * Honolulu * San Diego * Tampa * Cleveland * Portland * St Louis * Houston * Oakland * Kansas City * Nashville * Austin * Raleigh/Durham * Sacramento * Santa Ana"}
{"_id": "449352", "title": "", "text": "Where does the money go Who wins the billions Ever heard of The Wolf of Wall Street , theres where the money goes . In short ,bankers, traders who are paid millions to take make leverage bets using the banks money regardless of whether they do well .  If they screw up and lose millions , they get paid to leave ( compensation package ) . If they do well , they get bonus."}
{"_id": "449359", "title": "", "text": "\"Gold is not debt, \"\"money\"\" is debt (whatever it is made of).  In the example above, everything could have been exactly the same, except using certificates written on sharks instead of on paper.   Now, sharks have value, paper has value, and gold has value. When you print money, the stuff you make it out of has some utility separate from its use as currency. But when you are using it as currency (regardless of what it is made from), it is a marker for debt.   You go to work for an hour, your boss gives you a marker that you can trade for a cheeseburger or some gasoline or a ferret or cantaloupes, or whatever you want. That marker is an IOU for the work you did. You give it to the cantaloupe store, and it becomes an IOU for the value of one cantaloupe. They give it to the store employees or the cantaloupe-grower or whatever, and so on.   It doesn't matter what that marker is made out of, its function is the same. If it were gold, you could melt it down and make a ring out of it. If it's paper, you could use it as a bookmark or a shopping list or to blow your nose, if it's a shark you scare people with it in the pool.  N.B., this is totally separate from the question of whether we should be using gold as a currency, which has to do with the fact that the gold supply is a lot more stable than the paper supply, and whether being able to easily print more money on demand is a good thing or a bad thing.\""}
{"_id": "449366", "title": "", "text": "I'm an independent rep and believe that what I sell actually gives back to the community. If the government would get out of my business a bit more, I could offer more to the community business-wise.  That said, I donate free time to help out at soup kitchens, toy/clothes drives, etc... And that is fairly anonymous. I just do it because I like where I live and the people here are nice. If they're down on their luck it isn't their fault. And if I'm down on my luck, I'd take some help."}
{"_id": "449367", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/business/2017/jul/15/top-1-of-households-in-uk-fully-recovered-from-financial-crisis) reduced by 89%. (I'm a bot) ***** &gt; New research from the Resolution Foundation showed that households with incomes of &amp;pound;275,000 or more quickly recovered from the impact of the deep recession and have seen their share of national income return to the level seen before the global banking system froze up in the summer of 2007.  &gt; &amp;quot;Adam Corlett, senior economic analyst at the Resolution Foundation, said:&amp;quot;The incomes of the top 1% took a short, sharp hit following the financial crisis.  &gt; The share of national disposable income for the richest 1% of households rose steadily after Margaret Thatcher became prime minister in 1979 and reached a peak of 8.5% on the eve of the financial crisis.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6njstj/top_1_of_households_in_uk_fully_recovered_from/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~167774 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **income**^#1 **year**^#2 **election**^#3 **Foundation**^#4 **standards**^#5\""}
{"_id": "449387", "title": "", "text": "Yes. But once you chose the method (on your first tax return), you cannot change it without the IRS approval. Similarly the fiscal year. For individuals, I can't think of any reason why would accrual basis be better than cash, or why would an individual use a fiscal year other than the calendar year."}
{"_id": "449399", "title": "", "text": "\"you use more than one kind of font in descriptions.  also, font size is too small.  being that the descriptions are underneath the item, one could even miss seeing/reading  the \"\"no I don't want to save\"\" pop up sign sucks...insulting\""}
{"_id": "449408", "title": "", "text": "Starbucks has litigation in place to end this since the TSA is cutting into their handjob market.  Depending on how SCOTUS rules on Obamacare, they could either argue for a government mandated handjob that they can contract out or that the government can't force handjobs, therefore they have to leave it to handjob enterprises.  The details get fuzzy around whether customers will have a claim for reimbursement if they argue that they don't have time or a handjob right now and miss their plane."}
{"_id": "449419", "title": "", "text": "Currently they put out 800 cars a week, and that was before the two week shutdown to add another dual line and allow for major production rampups.  Plus the new body line, plus the new paint shop being built.  As soon as these come online, going from 800 to 2000 in 18 months is not unrealistic."}
{"_id": "449421", "title": "", "text": "well, Anyone with a voice can use your always on microphone, even from outside your house, they could order things from Amazon, or activate some iot device maliciously. the databases that these companies use are vulnerable as well, they store very personal information about your personal habits. you can tell when someone takes a shower from humidity sensors. when they come and go, what time they go to bed and when they leave in the morning."}
{"_id": "449428", "title": "", "text": "I fucking hate airbnb because they make the rent in In NYC fucking expensive  even with a 100k a year salary.  It's a good thing that NYC  is sending a fine of $1000 to whoever lists their whole apartment for rent on airbnb."}
{"_id": "449439", "title": "", "text": "\"Current is another word for Checking, as it is called in the US. Savings account is an interest-bearing account with certain limitations. For example, in the US you cannot withdraw money from it more than 6 times a month. Here is the explanation why. Current account is a \"\"general-use\"\" account on which you can write checks, use ATM/Debit cards and have unlimited transactions. It can also have negative balance (if your bank agrees to let you overdraft, they usually charge huge fees for that though). Checking accounts can have interest as well, but they usually don't, and if they do - it's much lower than the savings account interest.\""}
{"_id": "449469", "title": "", "text": "Gold and Silver have gone up massively as the dollar has devalued.   Roosevelt actually did confiscate gold, you were required to sell it to the federal Reserve.   I would stay away from nusimatics or other overpriced vehicles for gold but the underlying statements are true."}
{"_id": "449500", "title": "", "text": "Its pretty much always a positive to have large institutional investors. Here's a few cases where I can see an argument against large institutional investors: In recent years, we've seen corporate raiders and institutional investors that tend to influence management in ways that are focused on short term gain. They'll often go for board seats and disrupt the existing management team. It can serve as a distraction and really hurt morale. Institutional investors also have rules in their prospectus that they are required to abide by. For example, some institutional investors will not hold on to stock below $5. This really affected major banking stocks, some of which ended up doing reverse stock splits to keep their share price high. Institutional investors will also setup specific funds that require a stock to be listed as part of an index (i.e. the SPY, DJIA etc.,). When a stock is removed from an index, big investors leave quickly and the share price suffers.  In recent months, companies like Apple have made their share price more affordable to attract retail investors. It gives an opportunity for retail to feel even more connected to the company. I'm not sure how much this affects overall sales... Generally, a good stock should be able to attract both retail and institutional investors. If there's not a good mix, then its usually a sign that somethings amiss."}
{"_id": "449504", "title": "", "text": "This really depends on your own experience. I just graduated this year with my bachelors in Finance. I\u2019ve read some books that are extremely  below me and also extremely above me. Therefore I recommend reading the amazon samples if they\u2019re available or renting the books."}
{"_id": "449511", "title": "", "text": "\"Have to side with the other guy here. You're stating the findings of a student run fund as fact. \"\"They're significantly overvalued\"\", for instance. And then there's comments like \"\"the capital structure is way to much debt\"\", which expose you as, well, not knowing what you're talking about. There's nothing wrong with being highly leveraged. In fact, it's necessary for companies like Tesla, in the industry they operate, to achieve growth and nail down the market.\""}
{"_id": "449523", "title": "", "text": "\"Wiki: consumer surplus - \"\"Consumer surplus is the difference between the maximum price a consumer is willing to pay and the actual price they do pay....The aggregate consumers' surplus is the sum of the consumer's surplus for all individual consumers.\"\"  Efficient production provides MORE product at LOWER prices, thus the difference between 'willing to pay' amount and 'actual price' is increased, plus as more product is produced, more people enjoy the benefit, so the aggregate consumer surplus is increased simply by increasing the number of consumers.\""}
{"_id": "449526", "title": "", "text": "Moving from the Taxi monopoly to the Uber monopoly... Uber has raised their prices in my city over 10 times in the last year. It's now more economically feasible (even during non-surge times) to call a cab. Hell, the taxi waits have even been less. I don't know. Call me old fashion but I'd rather use a company that is regulated by the state in terms of pricing and safety standards rather than a company that blatantly disregards the law. Fuck, I got into an Uber last week and my driver was an acquaintance from highschool. He is a two time drug/armed felon... and Uber says they do background checks LOL"}
{"_id": "449527", "title": "", "text": "Alright thanks a lot. I had AP micro/macro economics last year and really enjoyed it and those numbers. I feel like I don't like math because those numbers aren't applicable. But thank you and I will definitely remember and take this advice into consideration."}
{"_id": "449543", "title": "", "text": "The straight math might favor leaving it, but I'd personally prefer to have it in my control in an IRA. My own employer offered a buyout on the pension program, and the choice between a nice lump sum vs some fixed number 20 years hence was a simple one for me. Both my wife and I (same company) took the lump sum, and never regretted it."}
{"_id": "449544", "title": "", "text": "If you return the money in the same tax year - it will not appear on your W2 and you will not be taxed on it. Whatever was withheld - you'll get it refunded when you file your annual tax return. If you return it in a different tax year - it becomes a miscellaneous deduction reported on your Schedule A. If the amount is less than $3000 - then this deduction is subject to the 2% AGI threshold, if the amount is more than that - it is not subject to threshold. Bottom line, you're probably going to lose money, unless you're already itemizing and the amount is above $3K. There's also a credit that you can take instead of deduction. See publication 525 for details."}
{"_id": "449554", "title": "", "text": "&gt; ive read that consumer spending stimulates an economy more than investment somewhere  Investment is necessary for an economy to grow, as is consumer spending. Neither is more important. If you lack one of those, stimulating it will do more than stimulating the other.  It's like a racing team saying the driver is more important than the car. In situations where everyone's cars are as good as they'll get, improving the driver is more important. In situations where the quality of cars differs, improving the car becomes more important.  &gt;Also, youhave the theory that decreasing the income gap helps society in many other ways  There is strong speculation that that is the case. However, it's _100% fact_ that increasing everyone's wealth helps society much more. It's why you'd rather live today than in any more egalitarian point in our past. If tinkering with income inequality gets in the way of overall wealth creation, it will do more harm than good."}
{"_id": "449562", "title": "", "text": "Want to know how to start a fight in almost any Wyoming bar?  Suggest that fracking could possibly contaminate our limited drinking supply in our arid state.  We are in such denial in this state that it shocks me.  Expressing concern about fracking safety means you are nothing more than a job destroying communist fascist terrorist who hates Christmas."}
{"_id": "449609", "title": "", "text": "I use damodaran courses to complete my knowledge of finance while studying for the CFA, for people with finance or accounting background his courses are great and very easy to understand. I could learn in few hours what would have taken days with an average teacher."}
{"_id": "449610", "title": "", "text": "Thanks for your input.  &gt; Are you talking about domicile?  Nope, **domestication**. See #2 [here]. I've seen that term on a few places on the web.  I am a single-member LLC. I think I'll probably get a biz attorney. Do you think it matters whether the attorney is within the state I currently reside as opposed to the one I'm moving to?"}
{"_id": "449623", "title": "", "text": "Hello,  I was curious if anyone had any insight as to why some mutual funds had different settlement dates than others. I've seen many funds that settle T+1 and some that are T+2 and yet others that are even longer than that.   Just curious what is going on behind the scenes that could cause the variation in settlement times.  I've looked on investopedia, my broker's website and other google related searches and couldn't find an answer. If anyone had a link or experience with this I would appreciate the information."}
{"_id": "449624", "title": "", "text": "If you hold at least $2,000 of a company's shares for at least a year you can submit a proxy filing -- a stockholder proposal at the  shareholders' meeting.   Then you can use the media to agitate around that proposal.  (See Hugh Fearnley-Whittingstall, mentioned here as well). Companies have been known to bow to media pressure around minority shareholder proposals.  The guidelines for proxy filings are here: http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&amp;sid=47b43cbb88844faad586861c05c81595&amp;rgn=div5&amp;view=text&amp;node=17:3.0.1.1.1&amp;idno=17#17:3.0.1.1.1.2.82.201  Buying enough shares to assume control of a major money center bank is not possible, regardless of the amount of money you can raise (remember: there are poison pill provisions, not to mention the fact that the more shares you want to buy, the higher the price will be).   tl;dr: The way to do what you're trying to do is not by accumulating shares but by using the media. You need $2,000."}
{"_id": "449627", "title": "", "text": "\"Can we just call the Republicans 'evil, money-grubbing hucksters', and have done with it?  I mean, I get the whole \"\"people should take more responsibility for themselves\"\" idea, but that kind of is hyperbole when \"\"taking responsibility\"\" means paying off a $12000 medical deductible on a $52000 household income, after paying $10000 per year on insurance.  And if that's the case, why don't we apply that to roads?  Libertarians are certain that Wal-Mart will help you pave the way from your home to the nearest Supercenter, because it's in their best interests, and it's your *responsibility* to take care of your own problems, like transportation.  And healthcare.  And let's talk about the fire department, shall we?  Because I don't see anything in there about fire protection.  You know what?  Just forget about a paycheck.  You work, and you can just automatically pay for all the stuff you need directly to the corporations that can supply it, after we take a cut off the top for national defense, of course.  And we'll make sure that there are no protections for workers or consumers, because that just makes the stuff you're paying for more expensive, right?  Yeah, that's it.  Have another cup of Flavor-aid.\""}
{"_id": "449630", "title": "", "text": "\"From my experience, payments from banks and other financial entities, such as loyalty programs, generally aren't as large as payments that go the other direction from consumer to bank. Thus, keeping a bank account open simply for some reward/loyalty points may just be changing your behavior for the wrong reasons. The more important scenario is whether or not you have any automated ACH payments or whether your bank account is linked to other services. Perhaps the biggest tell that you're in the clear is when those transactions start occurring from your credit union account.  For example: If you had a direct deposit to your BMO bank account, make sure you see deposits start to appear in the credit union account. If you're making automatic withdraws to an online savings or brokerage account, make sure those transfers are stopped and that you instead see them coming out of your new credit union account. You shouldn't need to move the auto loan, but you will need to make sure you can pay it from the new account.  Some financial advisors, such as in this BankRate article titled, Lenders can tap bank account for mortgage, even recommend keeping liabilities and assets at different locations. If for whatever reason your financial situation turned bleak, it would be more difficult for the bank to help itself to what's in your checking account. To avoid getting nickel and dimed to death by \"\"payment processing fees\"\", I tend to pay insurance bills yearly or semi-annually. Thus, consider if there is anything that may be coming due in the next 6 months. If so, you might want to get your new account hooked up while you still have all the routing numbers and account numbers in your head. It's a pain to dig this stuff up while also rushing to not be late. If all that is in order, close the account.\""}
{"_id": "449632", "title": "", "text": "\"So that's why Sherron Watkins said, \"\"I am incredibly nervous that we will implode in a wave of accounting scandals. My eight years of Enron work history will be worth nothing on my resume, the business world will consider the past successes as nothing but an elaborate accounting hoax.\"\" I see.\""}
{"_id": "449646", "title": "", "text": "The deadline for recharacterizing the 2010 roll over was October 17th 2011.  What was the deadline to recharacterize a 2010 rollover or conversion to a Roth IRA? You had until October 17, 2011 (because October 15, 2011, was a Saturday), to recharacterize your 2010 rollover or conversion to a Roth IRA if you filed your 2010 tax return on time, including extensions, and regardless of whether you requested an extension to file your 2010 tax return. For example, even if you did not request an extension to file your 2010 tax return and actually filed your return on or before April 18, 2011 (because April 15 was a holiday in the District of Columbia), you had until October 17, 2011, to recharacterize your 2010 Roth IRA rollover or conversion."}
{"_id": "449648", "title": "", "text": "I see two ways to look at it:"}
{"_id": "449658", "title": "", "text": "Home appliances are the most important part of our lives. They make our life easier and help us to do our daily task much easily. When your appliances are not working then this can be a cause of your stress. We provide satisfactory repairing services for your home appliances."}
{"_id": "449668", "title": "", "text": "It can be normal. The issue is everyone  comparing themselves to others. Living by myself in a part of the country where cost of living was low was not easy, but necessary.  I care less about internet points and more about people wrongfully demonizing schooling because of loans."}
{"_id": "449689", "title": "", "text": "This was all luck, that amount of leverage will destroy your account in a single bad trade. You profit is way less than it should be because you are getting killed on fees.  Take a look at the bitcoin trade, you should have 2,157.30 in profit but you only have 1825.42. And your currency trades were consistently positions that were worth $400,000 dollars, where you were pulling out ~$50 in profits, even though they should have been ~$80 profits. You are consistently getting 30% less than you should be, and consistently betting waaaaay bigger amounts than you account can really handle. Bad trades will probably have 30% greater losses than actual, and when the market moves the wrong direction then a single position will wipe out your account. Yes, you could have just bought bitcoin and gotten great profits. You totally nailed the directions of the markets! It is just a matter of time before you blow up, the trailing profits won't always help you when the market starts going down first."}
{"_id": "449696", "title": "", "text": "I applied to a travel credit card after my local branch of Bank of America told me I should look into it due to my constant traveling. I've been with them for 3 years and have never had an issue and I was declined on my travel credit card even though I have a decent credit score of 730. I'm also a 22 year old and have my senior year of school to finish but have always been good with Bank of America. Is it because I'm young?"}
{"_id": "449698", "title": "", "text": "\"Whenever I'm looking at whether I can afford a new fixed monthly cost I go over my account statement for the last three months (or last three \"\"normal\"\" months in the event that there has been something unusual recently) and list the items into four columns on an Excel sheet -  Fixed Essentials - costs that happen every month and that have to happen, stuff like rent, utility bills, insurance, any loans or credit cards etc Fixed Niceties - costs that happen every month but that I could cut if I needed to, stuff like Netflix, Spotify etc Variable Essentials - costs that I incur on an adhoc basis but are essential, I'm talking things like food, fuel etc Variable Niceties - costs that I incur on an adhoc basis but could be cut if required, things like buying DVDs or games etc I sum up the \"\"Essentials\"\" columns and divide by three to get a rough monthly average. This is what I have to spend so I subtract this from my monthly income which tells me what I really have available to \"\"spend\"\" in any given month. Performing the same \"\"sum and divide by three\"\" operation on the niceties and subtracting that from my \"\"available to spend\"\" figure tells me what I have left on in an average month - if this is greater than the new monthly cost I'm considering (allowing for some reasonable buffer as well - you don't want to be running to zero each month!) then I can afford the new cost and then I just have to weigh up whether I think it's worth it or whether I'd rather use that for something else. If it's not sufficient and I really want/need whatever the new cost is then I can start looking at the fixed and variable niceties to see if I can make savings there. If after trimming the niceties where I can I still can't afford it but still really want/need it then I'll start looking at the Essentials to see if there are ways to reduce them through switching utility supplier or changing my shopping/eating habits etc.\""}
{"_id": "449715", "title": "", "text": "This article makes it seem like it was a really high tech hack, but it wasn't. It was a fairly benign exploit that had been fixed for months.  There are certainly some crazy state-sponsored exploits that have come public recently, like that nsa wikileaks drop, stuxnet, etc. This is not anywhere near that caliber. This was caused  by sloppy management of infrastructure."}
{"_id": "449722", "title": "", "text": "I smoke pot pretty much everyday and didn't smoke for two weeks and I was good. And if you have medical condition I believe then you should get a pass on passing for pot. HOWEVER as it relates to this article I don't think someone with a medical condition that requires cannabis for treatment would be working in this labor intensive industry"}
{"_id": "449727", "title": "", "text": "I'd use it to start paying for your master's degree. Each dollar you don't borrow for school returns 5.84% guaranteed. On the other hand, if you invest it in the  stock market and get an average return of 8.34% a year you would both have to pay capital gains taxes on that money and expose yourself to the risk of the stock market disappointing you."}
{"_id": "449745", "title": "", "text": "Unfortunately, in this market environment your goal is not very realistic. At the moment real interest rates are negative (and have been for some time).  This means if you invest in something that will pay out for sure, you can expect to earn less than you lose through inflation.  In other words, if you save your $50K, when you withdraw it in a few years you will be able to buy less with it then than you can now. You can invest in risky securities like stocks or mutual funds.  These assets can easily generate 10% per year, but they can (and do) also generate negative returns.  This means you can and likely will lose money after investing in them.  There's an even better chance that you will make money, but that varies year by year.  If you invest in something that expects to make 10% per year (meaning it makes that much on average), it will be extremely risky and many years it will lose money, perhaps a lot of it.  That's the way risk is.  Are you comfortable taking on large amounts of risk (good chances of losing a lot of your money)? You could make some kind of real investment.  $50K is a little small to buy real estate, but you may be able to find something like real estate that can generate income, especially if you use it as a down payment to borrow from the bank.  There is risk in being a landlord as well, of course, and a lot of work.  But real investments like that are a reasonable alternative to financial markets for some people. Another possibility is to just keep it in your bank account or something else with no risk and take $5000 out per year.  It will only last you 10 years that way, but if you are not too young, that will be a significant portion of your life.  If you are young, you can work and add to it. Unfortunately, financial markets don't magically make people rich.  If you make a lot of money in the market, it's because you took a risk and got lucky.  If you make a comfortable amount with no risk, it means you invested in a market environment very different from what we see today. --------- EDIT ------------ To get an idea of what risk free investments (after inflation) earn per year at various horizons see this table at the treasury.  At the time of this writing you would have to invest in a security with maturity almost 10 years in order to break even with inflation.  Beating it by 10% or even 3% per year with minimal risk is a pipe dream."}
{"_id": "449774", "title": "", "text": "I once turned down a raise because I didn't agree with the employee review that supposedly substantiated the raise.  I felt the review to be superficial and incomplete.   Then I refused to sign it, or take the accompanying raise, due to that fact."}
{"_id": "449777", "title": "", "text": "By process, I assume you mean the financial process. Financially, this doesn't look any different to me than buying an empty lot to build a rental unit, with the added expense (potentially significant) of doing the tear-down. Given your lack of experience and capital, I would be very hesitant to jump in like this. You are going to have to spend a lot of time managing the build process, or pay someone else to do it for you. And expect everything to take twice as long and cost twice as much as you expect. If you really want to get into the landlord business, I would suggest starting with a structurally sound building that needs some renovation work and start there. One you have that up and running, you can use the cash flow and equity to finance something more aggressive. If you still think you want to do this, the first thing to do is figure out if the financials make sense. How much will it cost to do the tear-down and rebuild, plus the typical rental expenses:ongoing maintenance, taxes, insurance, vacancy rates and compare that to the expected rental rates in the area to see how long it will take to 1) achieve a positive cash flow, and 2) break even. There are a lot of good questions on this site related to rentals that go into much more detail about how to approach this."}
{"_id": "449781", "title": "", "text": "&gt;ETA's operations are on such a scale that they'd be able to undercut other relevant swiss mechanism manufacturers en scale.  Other side of the coin is they controlled 80% of the market and could set prices at will, charging more than they would be able to with a smaller market share."}
{"_id": "449802", "title": "", "text": "Agree that he needs to be doing some guerrilla marketing to get things moving. Get involved with a local realtor/builders association and start networking like crazy. Can he do small adverts in a local neighborhood magazine? Create a plan for the business. Nothing complicated... Just get an idea of how many people he needs to talk to in a day or week to get a job and go hit that number.  Pretty soon he'll be so busy that you'll need start worrying about bringing on somebody else to help him out. Keep going!"}
{"_id": "449816", "title": "", "text": "Yes, you do. Depending on your country's laws and regulations, since you're not an employee but a self employed, you're likely to be required to file some kind of a tax return with your country's tax authority, and pay the income taxes on the money you earn. You'll have to tell us more about the situation, at least let us know what country you're in, for more information."}
{"_id": "449827", "title": "", "text": "Foreign business doesn't land in Russia because of its despotic nature. Russian state assets have been looted since the year 1991. The first generation gang was Moscow based Boris Yeltsin providing it breastfeeding. Since the year 2000 the Baskov Lane dwarf has seated the throne breastfeeding his buddies from Petrograd. Not Germans nor anyone else is willing to invest to a country driven by a bunch of ill behaving buccaneers. Not even Russian money stays in the country but is emigrating. I wonder why is that."}
{"_id": "449828", "title": "", "text": "\"Your retirement PLAN is a lifelong plan and shouldn't be tied to your employer status. Max out your 401(k) contribution to the maximum that your employer matches (that's a 100% ROI!) and as much as you can afford. When you leave the work force rollover your 401(k) to an IRA account (e.g.: you can create an IRA account with any of the online brokerage firms Schwab, E-Trade, Sharebuilder, or go with a brick-and-mortar firm like JP Morgan, Stifel Nicolaus, etc.). You should have a plan: How much money do you need/month for your expenses? Accounting for inflation, how much is that going to be at retirement (whatever age you plan to retire)? How much money do you need to have so that 4.5% of that money will provide for your annual living expenses? That's your target retirement amount of savings. Now figure out how to get to that target. Rule #1 Invest early and invest often! The more money you can sock away early in your career the more time that money has to grow. If you aren't comfortable allocating your investments yourself then you could go with a Targeted Retirement Fund. These funds have a general \"\"date\"\" for retirement and the assets are allocated as appropriate for the amount of risk appropriate for the time to retirement.\""}
{"_id": "449847", "title": "", "text": "I'm not sure why she's blaming Yelp for her 2.54 star rating.  Yes, her handpicked reviewers are getting demoted.     But all those negative reviewers who did business with her AND are regular Yelp reviewers should be considered perfectly representative of her overall quality of service as is.    You redditors need to be honest with yourselves...even knowing that Yelp indiscriminately cuts out new reviewers, would you choose her 2.5 star company over a 5 star rated competitor?  Of course not.   **She wasn't handicapped or at a disadvantage with respect to her rivals whatsoever.  Every Yelp businesses gets same Yelp treatment.**"}
{"_id": "449863", "title": "", "text": "You own something with very little market value - even if you paid a large price for it initially. Your cost to sell may be more than the price you get. Like any other item that has limited resale value, your best option may be to donate it. A quick Google search will turn up some options. This will likely be less hassle than selling. Also, you have a potential tax write-off."}
{"_id": "449906", "title": "", "text": "&gt;The financial press is full of articles about the massive flow of investors to Treasuries  Wow, yeah I mean if you read about it or saw it on the news, then it must be true.  But of course, if that were *really* true, then it would bring about the question... **[why the F! would the Fed have bought 61% of US Treasuries in 2011](http://www.moneynews.com/Headline/fed-debt-Treasury/2012/03/28/id/434106)???**"}
{"_id": "449931", "title": "", "text": "HFT is a controversial issue and there are smart people with very different opinions on it. You sound like your confidence in your own opinion is not matched with a deep knowledge of market structure.   Also, front running has a technical meaning, and what you are referring to as front running is something different."}
{"_id": "449934", "title": "", "text": "the problem now is A LOT of people dont have confidence in the euro, and they are taking their money out of it , and confidence is the only thing that backs the euro, or any fiat money. It's gonna get worst before it gets better unfortunately..."}
{"_id": "449940", "title": "", "text": "\"&gt; Now Pacquiao is a guy who will be broke very soon, or already is. He fought a no-named boxer with like 17 fights under his belt this past June in Australia (and he lost) to little fan fare.  I know nothing about Pacquiao's finances, but Jeff Horn is only \"\"no-named\"\" in the sense that for some reason, you chose not to use his name. He had 17 fights under his belt, but was undefeated through them; he's not just some guy that came into the fight fresh off the streets.   Further, to suggest there was little fanfare to the fight is plain ridiculous. They fought in front of a sold-out crowd of more than 50k, and outside of each fighter's home country, it was broadcast basically worldwide for free or on cable to stellar ratings.  He did lose, albeit through a controversial decision.\""}
{"_id": "449941", "title": "", "text": "\"These are meaningless statistics on multiple levels:  1. These value rises are as of 2016. This does not indicate any sort of significant trend in the rise in value of these bags over time. Did they lose 30% in 2015? Will value stagnate in 2018?  2. Even if a trend were established (it is not), it doesn't suggest any sort of future movements whatsoever, as past price movements don't ensure future movements.  3. The fundamental idea of \"\"investing\"\" in an accessory is questionable at best. While collectors will buy things like cars and art, and some will sit on them as stores of value, the economics of generating future returns on these items is not so logically sound as with stocks or bonds. These collectors items do not generate future value in a way that produces cash flows. An individual has to purely hope that somebody is willing to pay more for it in the future; the item does not fundamentally necessitate higher payment. This is the fundamental problem also with \"\"investing\"\" in commodities, and why a fundamentalist like Buffet would never do it. You bet on a commodity move (hopefully with information that you believe the market to be incorrectly synthesizing); you don't really \"\"invest\"\" in one. What makes a stock or bond (a company) different is that a company can be thought of as a black box that prints more money than it is fed. We feed money into a company as investors; the company uses that money to buy assets (e.g. Machines, inventory) at book value; the assets are made to work in tandem to produce goods/services that have more value than the sum of their parts; those goods/services are sold at the now higher value for a profit, and cash flows are returned to investors for an annual return on your investment (sometimes dividends aren't paid, but are reinvested with the expectation that reinvestment will lead to far larger dividends in the future). As such, the money investors feed into a company is turned into more money at the other end, and thus the company has produced more value than it's inputs alone. It has done so through the combination of resources (assets) in a way that makes their value greater than the sum of their parts. A company fundamentally is a logical investment (barring doubts about management's ability to create this value). It is like a black box that prints more money over time than you feed it. Purses do not; gold does not; oil does not.  Don't invest in purses. Collect then if you love them, but don't bank on a payday.\""}
{"_id": "449950", "title": "", "text": "Let's not make this about me, it's simply an anecdote from personal experience about how this kind of thing affects employees. I'd rather work for a company where I know the pay is fair and equitable than one where HR just shoots from the hip."}
{"_id": "449969", "title": "", "text": "There are those who are knowledgable in real estate who offer rules of thumb: Don't pay more that 50X the rent for the house. Here, $972 x 50 is $48600. Assume half the rent goes to expenses. So from $972, you net $486, and after that mortgage, you have $111 in profit. Zillow usually assumes 20% down, here $20K. So you are seeing a 6.67% return on your 20K. (Plus appreciation and principal paydown.)  For the record, I just bought a 3 family, under renovation now. Expecting total cost to be $160K, and total rent $2500. I missed ratio a by a bit, but $1250 to go toward a $120K mortgage works out fine. $550 profit/mo on the 25% down ($40K). (By the way, a turnover of tenants can cost (a) a month of no rent, (b) a cost to the real estate agent, if you use one, and the cost to paint/repair. This is generally considered 10%. So if the 50% of rent seemed high, here's 10 of it.)"}
{"_id": "449970", "title": "", "text": "You're asking three different questions...  Q1: What's to stop people not reporting income earned in this manner?  A: Nothing. Absolutely nothing. The IRS doesn't have the means to keep track of your cash flow and your reported taxes on the fly.  Q2: How could the IRS possibly keep track of that? A: When you get audited. If it ever did come up that things didn't balance you would end up owing back taxes, with interest and possibly fines.  Q3: Moral obligations aside... why report? A: Since you've dismissed 'doing your duty as a citizen' as a moral obligation, the only other real one is that it's a pain in the butt to get audited and it is expensive if you lie and get caught."}
{"_id": "449997", "title": "", "text": "\"SEC filings do not contain this information, generally. You can find intangible assets on balance sheets, but not as detailed as writing down every asset separately, only aggregated at some level (may be as detailed as specifying \"\"patents\"\" as a separate line, although even that I wouldn't count on). Companies may hold different rights to different patents in different countries, patents are being granted and expired constantly, and unless this is a pharma industry or a startup - each single patent doesn't have a critical bearing on the company performance.\""}
{"_id": "450006", "title": "", "text": "You're totally correct, but missed my point.  The socialists in our society pushed for socialized healthcare, the free-marketers resisted.  Punishing poor/unskilled workers was the end-result compromise.    Personally I think the only reason this compromise exists is because the socialists elements of our society have a fundamentally naive view of how an economy works.  It isn't because they are evil, it's just that their total focus on 'social-justice' blinds them from seeing the inevitable consequence of their actions.  It's a similar problem to fundamental religionists needing to disregard science to remain true to their faith.  Knowledge of science turns people towards atheism, knowledge of economics turns people towards free-markets.  It's critical for one to find a mechanism to remain ignorant in order to hold on to such a world-view which is why few people 'jump ship' from athiesm to religion, or from free-marketer to socialist.  It's a one way trip.  Religion and socialism are psychologically and emotionally comforting and to a limited degree work well, especially in smaller communities in helping to coordinate a society to bring about positive results.  So I'm not anti-socialist, nor anti-religionists, especially at the small scale.  The problem is that because both of these movements rely on a certain kind of willful ignorance, their adherents are easily 'tricked' into working against their core motivations (love for humanity, justice for all).  I said all that to say that you are correct in assuming I blame the socialist disproportionately, but I think this blame is justified.  If they didn't have such an irrational/ignorate fear of the free market we wouldn't have such complex, unfair set of rules that tend to hurt the most disadvantaged in our society most."}
{"_id": "450007", "title": "", "text": "\"From your mother point of view, the money she receives from you cannot be defined as \"\"Income\"\" and hence there is not income tax. However this would be treated as \"\"Gift\"\" and as per Gift Tax rules, there is no limit on transfers of money between \"\"Relative\"\". Your Mother falls under this definition and hence you can give unlimited money to your parents without any tax implication. It is advisable to keep proper records if the amounts run upto lacs of rupees.\""}
{"_id": "450009", "title": "", "text": "You will probably not be able to figure out the bank from the account number. You can check for your name on registries of abandoned bank accounts or unclaimed money, but without more information, you don't have a lot of options."}
{"_id": "450013", "title": "", "text": "\"I bet he didn't even get offered an IPO - he probably thought that if you buy it on the first day that's the \"\"ipo\"\" and you can make money on a bounce.  Honestly, I think this open access to the stock market whereby anyone can be a 'trader' is a terrible thing.\""}
{"_id": "450015", "title": "", "text": "Thank you for the pointers! Did you find it necessary to hire an attorney to set up your llc? Have you found any real down-sides with the llc option? It seems to be great in most circumstances from what I'm reading/hearing, there must be some negatives."}
{"_id": "450018", "title": "", "text": "\"But you're forgetting that the problem under discussion here is that the owners who set the wages tend to prefer higher profits over \"\"best employees, they are happier, lower turn over\"\". In a lot of industries that employ a lot of people, a marginal increase in productivity isn't going to overcome the increase in wages required to create it.\""}
{"_id": "450031", "title": "", "text": "\"The Fair Credit Reporting Act specifies in some detail on pages 50-54 (as labeled in the footer, 55-59 as pages in pdf) the process that occurs when a consumer initiates a dispute.  The safe outcome for the reporting agency is to remove the information in dispute  from reports within 30 days if the reporting party does not certify the information is complete and accurate (with other statutory timelines for communication to the customer and the reporter).   If you initiate a dispute, then the agency is following the law by deleting the reported information, outside new input from the furnisher.  If this is unsatisfactory, you have the following statutory right within \u00a7\u00a0611. Procedure in case of disputed accuracy [15 U.S.C. \u00a7\u00a01681i (d) Notification of deletion of disputed information. Following any deletion of   information which is found to be inaccurate or whose accuracy can no longer   be verified or any notation as to disputed information, the consumer   reporting agency shall, at the request of the consumer, furnish notification   that the item has been deleted or the statement, codification or summary   pursuant to subsection (b) or (c) of this section to any person specifically   designated by the consumer who has within two years prior thereto received   a consumer report for employment purposes, or within six months   prior thereto received a consumer report for any other purpose, which   contained the deleted or disputed information.  The section that binds furnishers of information (\u00a7\u00a0623. Responsibilities of furnishers of information to consumer reporting agencies [15 U.S.C. \u00a7\u00a01681s-2], starting on page 78 in the footer) places on them the following specific duties: (B) Reporting information after notice and confirmation of errors.   A person shall not furnish information relating to a consumer to   any consumer reporting agency if   (i) the person has been notified by the consumer, at the address   specified by the person for such notices, that specific   information is inaccurate; and   (ii) the information is, in fact, inaccurate. ... (2) Duty to correct and update information. A person who   (A) regularly and in the ordinary course of business furnishes information   to one or more consumer reporting agencies about the   person\u2019s transactions or experiences with any consumer; and   (B) has furnished to a consumer reporting agency information   that the person determines is not complete or accurate, shall   promptly notify the consumer reporting agency of that determination   and provide to the agency any corrections to that information,   or any additional information, that is necessary to make   the information provided by the person to the agency complete   and accurate, and shall not thereafter furnish to the agency any   of the information that remains not complete or accurate. So there you have it: they have to stop reporting inaccurate information, and \"\"promptly\"\" notify the credit agency once they've determined what is incomplete or inaccurate. I note no specific statutory timeline for this investigation.\""}
{"_id": "450036", "title": "", "text": "EDIT: This answer is outdated and is no longer valid due to that all new & existing accounts in Jersey must be owned by a resident from Guernsey or Jersey due to anti-tax-dodging laws. Link Open an offshore account in a Bank in Jersey. Mime is with lloydstsb-offshore.com. It will cost you \u00a370 a year, but for that price you can get 3 accounts: one in $, one in \u00a3 and one in \u20ac. You can move money between the accounts without any cost and you can have a chip and pin card on both the Euro and the \u00a3 accounts. And there is no residency restrictions. Downsides: The anti laundering checks are annoying. Don't forget to tell the IRS about every single cent you get in interest and religiously pay your tax on it. The revenue service doesn't like people with off-shore accounts..."}
{"_id": "450039", "title": "", "text": "That is how the market works. Maybe these roofing companies should find another line of work. Roofing is a shitty job, and I can understand why people don't want to do it for $10/hour, which is ~20k a year, which is subsistence living at best. Less roofers, less supply...well you know. So it is in the workers best interests long term to turn their nose up at low paying laborious jobs. Just like a company would do if they were in a line of work with low profit margins. With the difference being, when labor does not get motivated for low pay, they are considered lazy."}
{"_id": "450041", "title": "", "text": "The answers provided so far as good and informative, but I just thought I'd add one small point... There are super-national organisations that commonly lend to governments, in particular those in the developing the world. The World Bank and IMF (International Monetary Fund) are the two primary ones. Also quite notably, the Greek economy was bailed out only this year by the EMF (European Monetary Fund) spearheaded by Germany - this is a rare occurrence however and was done mainly because Greece was a relatively developed country and others had an obligation to assist it as an EU member state."}
{"_id": "450064", "title": "", "text": "For all of us who are married, our wedding day is remembered as a special day in our lives. There would be hardly anyone, who would not want their wedding day to be as special as possible and a memorable one at that. However, while memories can fade\u00a0with passage of time, one can store them for a lifetime, with the help of photographs."}
{"_id": "450067", "title": "", "text": "There are 2 approaches. One of them is already mentioned by @Afforess. If the approach by @Afforess is not feasible, and you can not see yourself making an unbiased decision, close the position.  By closing the position you will not get the best price. But by removing a distraction you will reduce amount of mistakes you make in the other stocks."}
{"_id": "450081", "title": "", "text": "I'm trying to get the numbers to work. I built a quick spreadsheet that allocated the lost time as stated against the overall pay increase, assuming 1.5x for more than 40 hours.   I can't find a reasonable number of hours worked where a 9% cut in hours outweighs the near 20% increase in wages."}
{"_id": "450085", "title": "", "text": "I teach just north of the border in Ontario.  It is incredibly hard to get a teaching job here (close to any urban centres anyway).  If you are lucky, it's 3-4 years of supplying and part-time before you get your own full-time gig.  Applications to get on the supply lists far outstrip the availability of positions.  This is entirely because teachers are well paid here."}
{"_id": "450092", "title": "", "text": "\"Exactly. Not to mention the driver burn rate.   There's a reason taxi generally costs more than Uber. And no it's not because of the \"\"corrupt taxi monopoly\"\" as Uber would like you to believe. And no, it's not the medallion purchased amortized over 30 years.  It's because that's what it costs to operate and maintain a commercial transportation service.\""}
{"_id": "450099", "title": "", "text": "\"VIV.PA - is Vivendi listed on a stock exchange in Paris VIVEF - is Vivendi listed on the OTC Other Exchange. VIVHY - is Listed on the OTC:Pink Sheets.  A company can be listed on multiple exchanges, they are known as a dual-listed company. It's a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Pretty much all DLCs are cross-border, and have tax advantages for the corporations and their stockholders. When a DLC is created, in essence two companies are created and have two separate bodies of shareholders, but they agree to share all the risks and rewards of the ownership of all their operating businesses in a fixed proportion, laid out in a contract called an \"\"equalization agreement\"\". The shares of a DLC parents have claim to the exact same underlying cash flows. So in theory the stock prices of these companies should move exactly the same. However in practice there can be differences between these prices. More info on OTC exchanges can be found here - keep in mind this info is from the company that runs these listings. Over the counter stocks are held to a FAR lesser regulation standard. I would recommend doing further interdependent research before pursuing any action.\""}
{"_id": "450112", "title": "", "text": "&gt; it actually equalizes the economies in the long run  Noone denies that - but those who dislike globalization **don't want** it to be equalized.  The world average income is $18,000 a year.  Compared to the current US average income of $37,000.  So this equalization means loosing half of your income."}
{"_id": "450121", "title": "", "text": "Isn't Germany better able to handle population loss, though? The EU allows freedom of movement, so whatever jobs Germans can't fill, a Spaniard, Italian, or Bulgarian can fill instead. Japan doesn't have anything like that and is actually very xenophobic from what I've heard."}
{"_id": "450132", "title": "", "text": "crank out expensive shares when markets are frothy Corporations go public (sell their shares for the first time) in market conditions that have a lot of liquidity (a lot of people buying shares) and when they have to make the fewest concessions to appease an investing public. When people are greedy and looking to make money without using too much due diligence. Think Netscape's IPO in 1995 or Snapchat's IPO in 2017. They also issue more shares after already being public in similar circumstances. Think Tesla's 1 billion dollar dilution in 2017. Dilution results in the 1 share owning less of the company. So in a less euphoric investing environment, share prices go down in response to dilution. See Viggle's stock for an example, if you can find a chart. issue debt Non-financial companies create bonds and sell bonds. Why is that surprising to you? Cash is cash. This is called corporate bonds or corporate debt. You can buy Apple bonds right now if you want from the same brokers that let you buy stocks. mutual fund investor Bernstein is making a cynical assessment of the markets which carries a lot of truth. Dumping shares on your mom's 401k is a running gag amongst some financial professionals. Basically mutual fund investors are typically the least well researched or most gullible market participants to sell to, influenced by brand name more than company fundamentals, who will balk at the concept of reading a prospectus. Financial professionals and CFOs have more information than their investors and can gain extended advantages because of this. Just take the emotions out of it and make objective assessments."}
{"_id": "450135", "title": "", "text": "\"Legally speaking, if you do close a limited company, the funds belong to the government (\"\"bona vacantia\"\"). There's some guidance on this at Companies House and there is indeed a substantial amount of administration work to get it undone. Notable excerpts: You should deal with any loose ends, such as closing the company\u2019s   bank account, the transfer of any domain names - before you apply. [...] From the date of dissolution, any assets of a dissolved company will   belong to the Crown. The company\u2019s bank account will be frozen and any   credit balance in the account will pass to the Crown. [...] 4. What happens to the assets of a dissolved company? From the date of dissolution, any assets of a dissolved company will   be 'bona vacantia'. Bona vacantia literally means \u201cvacant goods\u201d and   is the technical name for property that passes to the Crown because it   does not have a legal owner. The company\u2019s bank account will be frozen   and any credit balance in the account will be passed to the Crown. [...] Chapter 3 - Restoration by Court Order The registrar can only restore a company if he receives a court order,   unless a company is administratively restored to the register (see   chapter 4).  Anyone who intends to make an application to the court to   restore a company is advised to obtain independent legal advice. [...] Chapter 4 - Administrative Restoration 1. What is Administrative Restoration? Under certain conditions, where a company was dissolved because it   appeared to be no longer carrying on business or in operation, a   former director or member may apply to the registrar to have the   company restored. [...]\""}
{"_id": "450147", "title": "", "text": "I'm glad keshlam and Bobby mentioned there are free tools, both from the IRS and private software companies.  Also search for Volunteer Income Tax Assistance (VITA) in your area for individual help with your return. A walk-in tax clinic strength is tax preparation.  CPAs and EAs provide a higher level of service.  For example, they compile and review your prior year's return and your current year, although that is not relevant to your current situation.  EAs and CPAs are allowed to represent you before the IRS.  They can directly meet or contact the IRS and navigate audits and other requests on your behalf.  Outside of tax season, an accountant can help you with tax planning and other taxable events. Some people do not hire a CPA or EA until they need representation.  Establishing a relationship and familiarity with an accountant now can save time and money if you do anticipate you will need representation later.  Part of what makes the tax code complicated is it can use very specific definitions of a common word.  Furthermore, the specific definition of a phrase or word can change between publications.  Also, the tax code uses all-encompassing definitions and provide detailed and lengthy lists that are not exhaustive; you may not find your situation listed or described in the tax code, yet you are responsible for reporting your taxable events.  The best software cannot navigate you through your tax situation like an accountant. Lastly, some of the smartest people I have met are accountants and to get the most out of meeting with them you should be as familiar as possible with your position.  The more familiar you are with accounting, the more advanced knowledge they can share with you. In short, you will probably need an accountant when: You need to explain yourself before the IRS (representation), you are encountering varying definitions in the tax code that have an impact on your return, or you have important economic activities that you are unsure of appropriate tax treatment."}
{"_id": "450168", "title": "", "text": "think the main reason is that the number of companies that offer business flights to their personnel dropped significantly. So airliners need to fill that space with paying customers. Frequent flyers often travel last minute, where the margin is higher, so in a way, they do pay for their premium service."}
{"_id": "450178", "title": "", "text": "\"how can I get started knowing that my strategy opportunities are limited and that my capital is low, but the success rate is relatively high? A margin account can help you \"\"leverage\"\" a small amount of capital to make decent profits. Beware, it can also wipe out your capital very quickly. Forex trading is already high-risk. Leveraged Forex trading can be downright speculative.   I'm curious how you arrived at the 96% success ratio. As Jason R has pointed out, 1-2 trades a year for 7 years would only give you 7-14 trades. In order to get a success rate of 96% you would have had to successful exploit this \"\"irregularity\"\" at 24 out of 25 times.   I recommend you proceed cautiously. Make the transition from a paper trader to a profit-seeking trader slowly. Use a low leverage ratio until you can make several more successful trades and then slowly increase your leverage as you gain confidence. Again, be very careful with leverage: it can either greatly increase or decrease the relatively small amount of capital you have.\""}
{"_id": "450184", "title": "", "text": "\"Depends. The short answer is yes; HSBC, for instance, based in New York, is listed on both the LSE and NYSE. Toyota's listed on the TSE and NYSE. There are many ways to do this; both of the above examples are the result of a corporation owning a subsidiary in a foreign country by the same name (a holding company), which sells its own stock on the local market. The home corporation owns the majority holdings of the subsidiary, and issues its own stock on its \"\"home country's\"\" exchange. It is also possible for the same company to list shares of the same \"\"pool\"\" of stock on two different exchanges (the foreign exchange usually lists the stock in the corporation's home currency and the share prices are near-identical), or for a company to sell different portions of itself on different exchanges. However, these are much rarer; for tax liability and other cost purposes it's usually easier to keep American monies in America and Japanese monies in Japan by setting up two \"\"copies\"\" of yourself with one owning the other, and move money around between companies as necessary. Shares of one issue of one company's stock, on one exchange, are the same price regardless of where in the world you place a buy order from. However, that doesn't necessarily mean you'll pay the same actual value of currency for the stock. First off, you buy the stock in the listed currency, which means buying dollars (or Yen or Euros or GBP) with both a fluctuating exchange rate between currencies and a broker's fee (one of those cost savings that make it a good idea to charter subsidiaries; could you imagine millions a day in car sales moving from American dealers to Toyota of Japan, converted from USD to Yen, with a FOREX commission to be paid?). Second, you'll pay the stock broker a commission, and he may charge different rates for different exchanges that are cheaper or more costly for him to do business in (he might need a trader on the floor at each exchange or contract with a foreign broker for a cut of the commission).\""}
{"_id": "450213", "title": "", "text": "This might clear something up: http://en.wikipedia.org/wiki/Fiduciary  One in Corzine's position assumes a legal duty and obligation to make sure that what happened at MF Global *does not happen*. It's not a choice, or a question of who was culpable. Corzine is legally obligated by taking on the position, and if he didn't like it, he could resign and thus terminate the fiduciary duty."}
{"_id": "450221", "title": "", "text": "As a longtime customer of Scottrade I want to say that I'm very happy with it. Now, to answer your question: they do give you a nominal cash interest rate but it is VERY low -- this past month it was 0.01% APYR. The interest that I earned in my Scottrade account in August (31 days) on average credit cash balance of $729.36 was $0.01. I don't know if or where they publish the rate, but you would get a much better rate from an average savings account. However, you can purchase CDs/bonds/tbills through Scottrade if you want cash/safe investments."}
{"_id": "450228", "title": "", "text": "Never invest money you need in the short term. As already suggested, park your money in CDs."}
{"_id": "450256", "title": "", "text": "You can go to the required company's website and check out their investor section. Here is an example from GE and Apple."}
{"_id": "450257", "title": "", "text": "Unless you're Los Angeles. Because they have a lot of the facilities already. Plus they can now use it to insist all the metro expansions and infrastructure upgrades are completed on time. You can pass all kinds of local resolutions because the Olympics are coming."}
{"_id": "450260", "title": "", "text": "No, at least not with specific houses. When I bought my current house, our realtor looked at the previous selling price of this house, along with the prices at which it had been placed on the market. These values influenced the amount we offered for the house. I'm sure it also influenced the amount the house had been listed at."}
{"_id": "450267", "title": "", "text": "I know what I was trying to say. It has nothing to do with trump as the article seems to lean towards. The jobs in Florida were already there. I don't think trump Had anything to do with the several walk in clinics to open in my city this year. Nor the hiring of more teachers under Obamas fiscal year. The only thing preventing anyone here from getting a job is the ability to walk in and start at your convenience."}
{"_id": "450272", "title": "", "text": "\"I think I'm just old enough to not be referred to as one of them, but I know that I almost deliberately don't buy anything sold in ads, and I do weird shit like click no when sites ask me if an ad is relevant, especially when it is.   I don't use Twitter a lot, but when I do, I pick every single ad and kill it. What's the option? Is it \"\"I don't like this ad\"\" or something like that?  I know I've thrown off the persona tracking when I'm getting ads for things the exact opposite of what I would buy or use.\""}
{"_id": "450273", "title": "", "text": "You mentioned BoA. I have had BoA accounts for about ten years. All of my transfers between accounts are immediate. I have never had to wait with BoA.  Scottrade Accounts are the worst in this respect. Once I had to wait 8 days. PayPal come in a close second for making you wait."}
{"_id": "450342", "title": "", "text": "\"IIRC there was a bit of a controversy with Google promoting its own services a year or two ago.  I failed to see fault on Google's part, but if you searched for something like a zip code, it would say:  \"\"Looking for zip code?  Try Google Maps\"\" (with link of course)  Then search results followed.  Google agreed to stop, but I don't think it was clear they were violating any laws.\""}
{"_id": "450347", "title": "", "text": "Similar to the lawn care you mentioned: if you have space, you could have the kids create a mini-farmstand. They could grow flowers for cutting, some vegetables, etc. It would be a different twist on the classic lemonade stand. If the kids are into animals and space and zoning allows, you could keep chickens and add eggs to your mini-farmstand. Upfront costs for the garden would be small enough that they can learn about how investing in a business works at a very small scale. Along with learning about money, they also learn responsibility because it requires commitment and daily attention. It's also seasonal in a way that meshes well with school (though having animals is a constant year-round responsibility)."}
{"_id": "450355", "title": "", "text": "You're not seeing the forest for the trees.    Proper capital allocation takes diligent research from a community in choosing the best prospects.  That community then supports LONG-TERM investment in that company.  This is how proper companies are fostered; proper research is done; technologies advance, societies develop.  Long-term investment leads to proper capital allocation.  Please do tell me how short-term investment has any value in proper capital allocation."}
{"_id": "450363", "title": "", "text": "I found the best way to do this was to make a spending plan at the beginning of the month with someone else. If you're married or in a relationship where you pool resources, then this is a natural way to sync up on your expectations. If you don't have a relationship of that nature, it's still good to have a friend that you talk to about things you are planning on buying. If I don't allow myself to buy things on a whim, if I have to take the time to justify my purchases to someone else, then I have to first think about the purchase and justify it to myself. Often the actual process of thinking it through is enough for me to talk myself out of it. Consider the tactics of car salesmen. Each time you attempt to leave the lot, to think about it overnight, they sweeten the offer to try to get you to buy before leaving. They know that if you leave the lot, you are much less likely to decide that you must have that car. You should have a policy of sleeping for one night before making any purchase over an arbitrary dollar amount say $250, or $500, or $1,000. Having that rule, and following it will save you a lot of buyers remorse. As an aside, I've had my eye on a 35mm prime lens for my camera for over a year now. I was ready to pay ~$500 for a nice lens that was discounted by $100, and I was a little sad that I missed the discount. However, I am very deliberate in my shopping, and I didn't want to buy until I read enough of the reviews to be certain about it. It turns out that the lens has a fatal flaw for landscape photography that most reviewers didn't notice because they were using it for portrait photography. I finally concluded that the lens I really wanted was an $800 lens. I looked at resale prices on my $600 lens and they are in the $350 range. So instead of missing out on a $100 discount, I missed out on a $150 loss trading up to the lens that I really want for the long term."}
{"_id": "450368", "title": "", "text": "\"That's bullshit. If money is \"\"created\"\" when bank makes a loan, then money is \"\"destroyed\"\" when customer repays the loan. Eventually these two processes even out, so money can be \"\"created\"\" only temporarily.     You can roll over the loans only to a certain extent, at some point chicken must come home to roost.     Current cycle of credit expansion just continues for so long, people lose common sense view and come up with nonsense \"\"theories\"\".\""}
{"_id": "450371", "title": "", "text": "When you swipe your credit card, the terminal at the store makes a request of your bank, and your bank has only a few seconds to accept or reject the transaction. Once the transaction is accepted by your bank, it appears in the Pending transactions. At the end of the business day, the store submits all of the final transactions for the day to their bank in a batch, and the banks all trade transactions in a batch, and money is sent between banks. This is the process that takes a couple of days, and after this happens, you see the transaction move from your Pending transactions into the regular transactions area.  Most of the time, the pending transaction and the final transaction are the same. However, there are cases where it is different. A couple of examples: With a credit account, the fact that the final amount is not known for a few days is no big deal: after all, you don't have any money in the account, and if you end up spending more than you have, the bank will happily let you take your time coming up with the money (at a steep cost, of course). With a debit card tied to your checking account, the transaction is handled the same way, as far is the store is concerned. However, your bank is not going to run the risk of you overdrawing your checking account. They also are not going to run the risk of you withdrawing money from your account that is needed to cover pending transactions. So they usually treat these pending transactions as final transactions, deducting the pending transaction from your account balance immediately. When the final transaction comes through, they adjust the transaction, and your balance goes up or down accordingly. This is one of the big drawbacks to using a debit card, in my opinion. If a bad pending transaction comes through, you are out this money until it gets straightened out."}
{"_id": "450372", "title": "", "text": "Much money is made by creditors on the transaction value of a client in addition to interest value.  Knowing that, I pay off all my cards every month, have never made a late payment, and get a number of offers every year for reward type cards. Don't ever be worried about paying off your card in full, just be sure you're using your card and that you pay on time, every time."}
{"_id": "450381", "title": "", "text": "You seem to think that the term \u201cheld\u201dis used correctly. There lies your logical fallacy.   I made no such assumption. In my question I test both the use of the term \u201cUS economy\u201d AND the term \u201cheld\u201d.   It is obvious you can\u2019t \u201chold\u201d income but if you want to get down to technicalities, both asset and income/expenses are types of accounts while the notion of \u201ctrust\u201d is a legal construct to limit the rights of external creditors."}
{"_id": "450418", "title": "", "text": "\"LED Tube Lights T8 (8W 16W) Up To 100 Lumens Per Watt \u2022LED Tube Lights T8 provides the greatest benefits for producing homogeneous light effects and high luminous densities. \u2022High luminous efficacy: up to 100 lm/w for whole lamp. \u2022High voltage resistance up to 4500 V. \u2022No UV or IR in the spectrum. \u2022No Dazzling and mild color with light bending effect. \u2022LED Tubes Energy-saving, Environment friendly, and only 20% power consumption of halogen lamp and incandescent lamps. \u2022Aluminum-alloy lamp housing for superior heat dissipation. \u2022Particularly designed constant current driver for open or short circuit protection.  [url=\"\"http://www.ledaladdin.com/led_tube_lights/led_tube_lights.html\"\"] led tube t8 8w 16w [/url]\""}
{"_id": "450419", "title": "", "text": "&gt;  That's true, but consumers have to pay to make those complaints, which is a racket unto itself.  That's news to me.  I never paid anything when I used the BBB to threaten a lawsuit in 2007.  If you have to pay to complain, I have grave concern and would skip BBB all together."}
{"_id": "450427", "title": "", "text": "Standard Repayment can be quite burdensome. Fortunately, it looks like FedLoan Servicing offers a variety of payment plan options, and even provides a calculator that you can use to compare them given your adjusted gross income and current loan balances. This won't reduce that $420 to $0 but it may bring it down significantly.  I agree with @littleadv that you need legal advice to answer your other questions. That being said, I can tell you that it is possible to go into deferment and/or forbearance at any time (not only before you start making regular payments) as long as you meet the criteria.  Otherwise, it may be worth looking through other questions and answers on here about lowering expenses and increasing income. There is a lot of good advice for people in similar situations to yours. If you are truly in hardship, even with a full-time job, you may qualify for supplemental nutrition insurance, a.k.a. food stamps.  Best of luck."}
{"_id": "450436", "title": "", "text": "Rent deposit returned to you is not an income. Its your money to begin with. The homeowner is taxed on taking it and can expense the refund, but for you - there's no taxable event. ATM rebate is what it is - rebate. A cash discount over the money paid. Basically - the bank refunded you a fee you paid (ATM rebate is a refund of the ATM fee you paid to a third-party ATM operator). Again - your money. The ATM operator and the bank both have taxable income/deduction, but its not your problem. You - just got your money back. No income, no taxable event. Neither should appear on your tax forms, and similarly nor should credit card points, cash rebates, frequent flyer miles, etc. All are in fact either a refund of your money paid or a merchant discount to you, not an income."}
{"_id": "450455", "title": "", "text": "Indeed. This is the death punch the Chinese have been training for. Remove the petrodollar and our economy cant survive without all that demand. One punch, you neutered the US and its military budget now becomes to large to finance. The cost of imports would also increase destroying what ever purchasing power the average broke citizen has. US would be forced to deal with its budget and cut backs to social programs would cause chaos. Fun times ahead."}
{"_id": "450489", "title": "", "text": "The market maker will always compare the highest bid and the lowest ask. A trade will happen if the highest bid is at least as high as the lowest ask. Adding one share (or a million shares) at a higher asking price, here: $210 instead of $200, will not have any effect at all. Nobody will buy the share.  Adding a bid for one share (or a million shares) at a higher bid price will trigger a sale. If you bid $210 for one share, you will pay $210 for one of the shares that were offered at $200. If you have $210 million in cash and add a bid for 1,000,000 AAPL at $210, you will pay $210 for all shares with an ask of $200.00, then $200.01, then $200.02 until you either bought all shares with an ask up to $210, or until you bought a million shares.  With AAPL, you probably bid the price up to $201 with a million shares, so you made lots of people very happy while losing about 10 million dollars. So let's say this is a much smaller company.  You have driven the share price up to $210, but there is nobody else bidding above $200. So nobody is going to buy your shares. Until some people think there is something going on and enter higher bids, but then some people will take advantage of this and ask lower than your $210. And there will be more people trying to make cash by selling their shares at a good price than people tricked into bidding over $200, so it is most likely that you lose out.  (This completely ignores legality; attempting to do this would be market manipulation and in many countries illegal. I don't know if losing money in the process would protect you from criminal charges)."}
{"_id": "450492", "title": "", "text": "\"well, yes, your original comment was a general statement that \"\"paying taxes is a civic duty and patriotic\"\". General statements get general responses. So yeah, saying that taxes are a civic duty or are patriotic is meaningless, borderline tautology. I'm not sure how much deeper you want to go, because you didn't make a very deep comment.  and it doesn't matter how much taxes you or I pay, or who pays more.\""}
{"_id": "450498", "title": "", "text": "\"You're welcome.  I think what Trump could do is give a deep discount to federal employees.  Many hotels already do this.  Make the price the lowest in DC.  That would go a long way to diffuse this type of conflict.    I honestly don't think he's trying to profit from his office.  He's even donated his salary to the Federal Park system.  Trump has a huge ego.  He's said stupid things.  But if I was to rank \"\"most evil presidents\"\" it would be the Bush's and Cheney.  They were war mongers and war profiteers.  Reagan and his trickle down economics was bad too.  Trump would be pretty far down that list.    If Trump drags us into an unnecessary war, that would definitely change my opinion of him.\""}
{"_id": "450507", "title": "", "text": "Did You Make The Decision?   Some of us display Entrepreneurial traits from a young age, research shows that some successful individuals have had Entrepreneurial parents.  In my case, it was circumstantial \u2013 I took a leap of faith in myself &amp; have learnt so many valuable lessons along the way.  When you set-up in business you will go through an array of emotions for at least 2 years, it takes between 2 \u2013 3 years for your nerves to settle &amp; to feel you are not faking it but making your future unfold in front of you."}
{"_id": "450515", "title": "", "text": "\"Market orders do not get priority over limit orders.  Time is the only factor that matters in price/time order matching when the order price is the same. For example, suppose the current best available offer for AAPL is $100.01 and the best available bid is $100.00.  Now a limit buy for $100.01 and a market buy arrive at around the same instant.  The matching engine can only receive one order at a time, no matter how close together they arrive. Let's say that by chance the limit buy arrives first.  The engine will check if there's a matching sell at $100.01 and indeed there is and a trade occurs.  This all happens in an instant before the matching engine ever sees the market buy.  Then it moves on to the market buy and processes it accordingly. On the other hand, let's say that by chance the market buy arrives first.  The engine will match it with the best available sell (at $100.01) and a trade occurs.  This all happens in an instant before the matching engine ever sees the limit buy.  Then it moves on to the limit buy and processes it accordingly. So there's never a comparison between the two orders or their \"\"priorities\"\" because they never exist in the system at the same time.  The first one to arrive is processed first; the second one to arrive is processed second.\""}
{"_id": "450547", "title": "", "text": "\"Leaving the issue of purchasing gift cards aside, xeroxing the coupons and reusing them is fraud. Your statement that \"\"well Target should have made unique coupon codes, they have more knowledge so it's on them\"\" opens a very dangerous path. If someone makes copies of dollar bills (but generates new, fake serial numbers since those are unique) it shouldn't be fraud because the government should have known better? If you read the actual thread (plus it's mentioned in the article) there are discussions of timing \"\"raids\"\" to catch cashier shift changes, people going from Target to Target, *people wearing disguises*, etc. How is that not clearly people knowing that what they were doing was fraudulent?\""}
{"_id": "450548", "title": "", "text": "They should be paid, just the absolute minimum considering their jobs require 0 skill and are based on hours worked not value added. Now that you've failed to strawman me, would you like to explain why you thinkable unskilled hourly laborer should be able to afford a family on that job alone?"}
{"_id": "450556", "title": "", "text": "You still haven't explained it.  I'm actually a theoretical physicist and many things (in fact, many more than in the financial world) can be done with pen and paper.  Also, I have a friend who works in risks management for a bank and the things he describes can't be done with pencil and paper. Everyone in his department uses either matlab or C. Not a single person uses spreadsheets. So unless you can give me a specific example of anything meaningful that in this day and age can be done with spreadsheets, you haven't contributed anything to a conversation that had nothing to do with you."}
{"_id": "450558", "title": "", "text": "I had some extra money, so I opened American express saving account. At the time which was offering .80%, now .90%. I put most of the money in the saving account. The remainder of my money in a investment account at my local bank. I was in touch once a week with investment, I learned allot how the stock market worked and tax deferment(401k, IRA, IRA Roth). My suggestion is to do test run and see if you like it. Side note, NOT ALL investment are created equal."}
{"_id": "450577", "title": "", "text": "Most of the information we get about how a company is running its business, in any market, comes from the company. If the information is related to financial statements, it is checked by an external audit, and then provided to the public through official channels. All of these controls are meant to make it very unlikely for a firm to commit fraud or to cook its books. In that sense the controls are successful, very few firms provide fraudulent information to the public compared with the thousands of companies that list in stock markets around the world.  Now, there is still a handful of firms that have committed fraud, and it is probable that a few firms are committing fraud right now. But, these companies go to great lengths to keep information about their fraud hidden from both the public and the authorities. All of these factors contribute to such frauds being black swan events to the outside observer.  A black swan event is an event that is highly improbable, impossible to foresee with the information available before the event (it can only be analyzed in retrospect), and it has very large impact. The classification of an event as a black swan depends on your perspective. E.g. the Enron collapse was not as unexpected to the Enron executives as it was to its investors.  You cannot foresee black swan events, but there are a few strategies that allow you to insure yourself against them. One such strategy is buying out of the money puts in the stocks where you have an investment, the idea being that in the event of a crash - due to fraud or whatever other reason - the profits in your puts would offset the loses on the stock. This strategy however suffers from time and loses a little money every day that the black swan doesn't show up, thanks to theta decay.  So while it is not possible to detect fraud before investing, or at least not feasible with the resources and information available to the average investor, it is possible to obtain some degree of protection against it, at a cost. Whether that cost is too high or not, is the million dollar question."}
{"_id": "450578", "title": "", "text": "That's great, but veggie burgers generally aren't healthier than a reasonably sized lean meat burger.  Veggie burgers can have the same number of calories, but typically to have less protein and more vegetable oil and empty calories.  There are also concerns about eating too much soy and other types of beans (mainly because of estrogen mimicking phytoestrogens)."}
{"_id": "450586", "title": "", "text": "I was just wondering, are banks in India federally insured? Yes the Banks in India are insured for Principal and Interest upto Rs 1,00,000/- per holding type per Bank. See the DICGC website. So if you have one or more accounts [in the same or different branches of a bank] and the Principal is say Rs 98,000/- and the interest accrued at the time of liquidation is say Rs 4,000/- you will get Rs 1,00,000/-  If you have more than Rs 1,00,000/- you will not get only 1 lac. If you have an individual account, and your wife has an account and both of you have a joint account. The total limit will be Rs 3,00,000/-. If you are guardian to your Children, its again considered separate. RBI Site as a good example on this. If you open Accounts in Different Banks, the limit increases.  What happen if banks like Yes Bank or IndusInd bank goes bankrupt? Both Yes Bank and IndusInd are participants in the DICGC and are insured. See the full list here. How will we recover money in those cases? Although insured, the process to get the money back would be time consuming. More often the bank is placed under moratorium, an effort is made for amalgamation or reconstruction ... Only if everything fails, the bank goes into liquidation. So it could be anywhere from few months to few years for you to see you money."}
{"_id": "450600", "title": "", "text": "\"You do not need to write anything on the second line.  There are a variety of helpful things that you can add, e.g.: For Deposit Only.  This tells the bank to deposit the check into your account and ignore other signatures.   Your account number.  Especially useful when added to \"\"For Deposit Only\"\".   A countersignature.  This tells the bank to pay the check to someone other than you.   Countersigned checks used to be much more common than they are now.  Someone who didn't have a bank account might ask someone who did to cash a check for them.   See also:  Four ways to endorse a check which gives the correct format for endorsing a check in these ways.\""}
{"_id": "450617", "title": "", "text": "With over 1 billion records our instant nationwide search system allows for unlimited look ups and accesses data from multiple databases to compile the most comprehensive reports available.  Start your FREE 7 Day trial today!"}
{"_id": "450624", "title": "", "text": "\"Umm...  Yes I *do* expect an Admiral to sit and type emails.  If not for \"\"work\"\" merely for occasionally sending emails to friends and family.  Not knowing how to use email also tells me that he's never shopped online or participated in a forum or any other service that requires an email address to sign up.\""}
{"_id": "450659", "title": "", "text": "In addition to there being no real guarantee on the guarantee page, note that the domain was registered on May 27, 2013, so there's no substantial track record of reliability. Finally, their Terms of Service explicitly note that they are not liable for loss of funds due to system malfunction, unauthorized access, etc. etc. Perfect Money is going out of their way to ensure they are offering no guarantees and will not be liable for any losses. How safe are your funds? You should not consider your funds to be safe if stored there. There's no guarantee you'll lose your funds, but no significant reason to believe you won't. Additionally, Perfect Money shut down access to all U.S. citizens on July 1st, 2013 with only two weeks of notice. Anyone who did not withdraw their money within this time lost access to it."}
{"_id": "450662", "title": "", "text": "Mary Holm, who has a column on money in the NZ Herald, had this to say on the matter: Research shows that over and over again, the top dogs in one decade can be bottom dogs the next decade, and vice versa. Past performance really is no guide to the future. ... Fees are much less likely than returns to change over time. And low fees make a big difference to the long-term growth of your account. So just how low are your fund's fees? Perhaps that means the most sensible bet would be to pick a fund with good (but not necessarily best) historical returns but also with low fees. Personally, I've also included ethics as a factor in the decision, and I chose the ethical investment option offered by Superlife, hoping that it makes a small difference as explained here. (I have no affiliation with Superlife)"}
{"_id": "450667", "title": "", "text": "\"Money has to come from somewhere.  It can't just appear.  So if there is really an aunt at an agency, and she is sending checks, then she is writing checks from that company, and stealing from that company.  If that is the case, then the person with whom you are in contact would be using you to launder money (hide its illegal origin) and when the aunt was caught, you would be also. If it is really being done between countries, then it might be more difficult for them to find you, but it is still illegal. However, it is also likely that your contact may be using a common scam, as described by another answerer, that of asking for money in return for a cashier's check.  Although cashier's checks were designed to be \"\"safer\"\" than regular checks, in that they won't bounce, if it is a fake cashier's check, it was never worth anything in the first place.  When the bank tries to claim the cash from the other bank, and finds it doesn't exist, or there is no record of that check, then the effect is similar to that of a personal check bouncing: the bank will want the money back. If you have already given a portion of that money to your contact, chances are, when your find this out, he will be long gone.  I would not have anything further to do with this person. Good luck.\""}
{"_id": "450682", "title": "", "text": "Annual inflation was 15%+ in 1979, call it what you want, I call that hyper inflation.  And the CPI might say 1% since 2000 but the cost of gasoline and energy, the lifeblood of the economy, is left out in their calculation since ~1992.  Inflation right now is 10% if you calculate it the same way we did before 1980."}
{"_id": "450694", "title": "", "text": "\"Q: How do currency markets work? A: The FX (foreign exchange) market works very much like the stock market where potential buying parties bid $Y of country 1's currency to buy $1 in country 2's currency.  Potential selling parties sell (ask) $1 of country 2's currency for $Y of country 1's currency.  Like the stock market, there are also a swaps, futures and options in this market. Q: What factors are behind why currencies go up or down? A: Just like any open market, currencies go up and down based on supply and demand.  Many factors affect the supply and demand of a particular currency.  Some were listed well by the other posts. Q: What roles do governments, central banks, institutions, and traders have in the process? A: It's common practice that gov'ts intervene to \"\"control\"\" the value of currencies.  For example, although it's not general public knowledge, the Canadian gov't is actively purchasing up US dollars in the FX market in an effort to stop the US/Canadian exchange rate from dropping further.  This has dramatic economic consequences for the Canadian ecomony if the Canadian dollar were to strengthen too far and too quickly.\""}
{"_id": "450695", "title": "", "text": "i'm asking for your support for the latest post contributed by my friend, alex smith, to www.badcreditcreditcardsite.com. it offers great tips you can surely use when managing your bad credit card account. hope you can read it and share it with all your friends, especially with those who are currently managing bad credit-credit cards. thanks a lot!"}
{"_id": "450716", "title": "", "text": "\"You're mostly correct, although I think you're missing something essential about no-arbitrage versus an arbitrage argument.  Black-Scholes makes an arbitrage argument, which is that the value of an option should be the same as any portfolio that has identical cash flows, and this is generally a sound argument.  Notice, however, that BS is ultimately an equilibrium model: it tells you the \"\"correct\"\" price of an option if the assumptions of BS hold, and doesn't necessarily match observed market prices.  A no-arbitrage condition or model deliberately incorporates observed prices (or yields, or whatever) into the model, so that there cannot be an arbitrage opportunity implied by the model.  This comes up a lot in term structure of interest rate problems, where equilibrium models like Vasicek or Cox-Ingersoll-Ross won't perfectly reproduce the current, observed term structure, and so imply an arbitrage opportunity.  No-arbitrage models like Hull-White specifically match the model's term structure to observed yields/prices, so that there is no arbitrage opportunity between the observed term structure and your model of it.  It's important to note that this will still allow for arbitrage involving bonds that are *not* part of the observed term structure.  As for equivalent martingale measures, you might think about it more generally.  The process involves changing the probability distribution from the actual (which is hard to use for pricing) to a different one that's easier to use but will result in the same prices; this is nearly always a risk-neutral probability.  You can think of equivalent martingale  pricing as asking, \"\"how would this security behave, and be priced, in a world that is completely risk neutral\"\", and then making an argument that the prices are in fact equivalent.  EDIT: grammar\""}
{"_id": "450720", "title": "", "text": "**Poland, Maine**  Poland is a town in Androscoggin County, Maine, United States. The population was 5,376 at the 2010 census. Home to Range Ponds State Park, Poland is a historic resort area. It is included in both the Lewiston-Auburn, Maine metropolitan statistical area and the Lewiston-Auburn, Maine metropolitan New England city and town area.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.26"}
{"_id": "450740", "title": "", "text": "If I knew a surefire way to make money in FOREX (or any market for that matter) I would not be sharing it with you.  If you find an indicator that makes sense to you and you think you can make money, use it.  For what it's worth, I think technical analysis is nonsense. If you're just now wading in to the FOREX markets because of the Brexit vote I suggest you set up a play-money account first.  The contracts and trades can be complicated, losses can be very large and you can lose big -- quickly. I suspect FOREX brokers have been laughing to the bank the last couple weeks with all the guppies jumping in to play with the sharks."}
{"_id": "450742", "title": "", "text": "\"How low you can reduce your costs does depend on your calling pattern.  How many minutes per month you call locally; call long distance; call internationally; and how many minutes you receive calls for.  If all these figures are low, you can be better off with a pay-per-minute service, if any of the outbound figures are high then you could consider a flat-rate \"\"unlimited\"\" service.  So that's the first step, determine your needs: don't pay for what you don't need. For example, I barely use a \"\"landline\"\" voip phone any more.  But it is still useful for incoming calls, and for 911 service.  So I use a prepaid pay-per-minute VOIP company, that has a flat rate (< $2/mo) for the incoming number, an add-on fee for the 911 service (80c/mo), and per-minute costs for outgoing calls (1c/min or less to US, Canada, western Europe).  I use my own Obitalk box (under $50 to buy).  There is a bit of setup and learning needed, but the end result means my \"\"landline\"\" bill is usually under $4/mo (no other taxes or fees). Companies in this BYOD (bring your own device) space in the US/Canada include (in alphabetic order), Anveo, Callcentric, Callwithus, Futurenine, Localphone, Voip.ms and many others.  A good discussion forum to learn more about them is the VOIP forum at DSLreports (although it can be a bit technical).  There is also a reviews section at that site. If your usage is higher (you make lots of calls to a variety of numbers), most of these companies, and others, have flat-rate bundles, probably similar to what you have now.  Comparing them depends on your usage pattern, so again that's the first thing to consider, then you know what to shop for.  If you need features like voicemail or voicemail transcription, be sure to look at whether you need an expensive bundle with it in, or whether you're better off paying for that seperately. If your outbound calls are to a limited number of numbers, such as relatives far away or internationally, consider getting a similar VOIP system for those relatives.  Most VOIP companies have free \"\"on network\"\" calls between their customers, regardless of the country they are in.  So your most common, and most lengthy calls, could be free. The Obitalk boxes (ATA's: analog telephone adapters) have an advantage here, if you install them in yours and relatives houses.  As well as allowing you to use any of the \"\"bring your own device\"\" VOIP companies like those listed above, they have their own Obitalk network allowing free calls between their boxes, and also to/from their iOS and Android apps.  There are other ATA's from other companies (Cisco have well-known models), and other ways to make free calls between them, so Obitalk isn't the only option.  I mentioned above I pay for the incoming number.  Not every supplier has incoming numbers available in every area, you need to check this.  Some can port-in (transfer in) your existing number, if you are attached to it, but not all can, so again check. You can also get incoming numbers in other areas or countries, that ring on your home line (without forwarding costs).  This means you can have a number near a cluster of relatives, who can call you with a local call.  Doesn't directly save you money (each number has a monthly fee) but could save you having to call them back!\""}
{"_id": "450760", "title": "", "text": "\"I know its not legal to have open long and short position on specific security (on two stock exchanges - NSE/BSE) There is nothing illegal about it. There are prescribed ways on how this is addressed.  In Cash Segment / Intra Day trades:   One can short sell a security. If by end of day he does not buy the security; it goes into Auction. The said security is purchased on your behalf. Any profit or loss arising out of this is charged to you. Similarly one can buy a security; if one does not pay the amount by end of day; it would go into auction and sold. Any profit or loss arising out of this is charged to you. If you short sell a security on one exchange; you have to buy it on same exchange. If you buy on other exchange; it will not be adjusted against this short position. Also is it legal to have long position on stock and short its derivative (future/option)? There are no restrictions. Edit: @yety Party A shorts 10 shares of HDFC today in Intra-Day Cash Segment purchased by Party B. Rather than buying back 10 shares or allowing it to go into auction... Party A borrows 10 HDFC Shares from \"\"X\"\" via SLB for a period of say 6 months [1 month to 1 year]. This is recorded as Party A obligation to \"\"X\"\". These 10 borrowed shares are transferred to Party B. So Party \"\"X\"\" doesn't have any HDFC shares at this point in time. However in exchange, Party X receives fees for borrowing from Party A. If there is dividend, are declared, Company pays Party B. However SLB recovers identical amount from Party A and pays Party X. If there is 1:1 split, now party A owes Party X 20 HDFC Shares. On maturity [after 6 months], Party A has to buy these from market and given back the borrowed shares to Party X. If there are some other corporate actions, i.e. mergers / amalgamations ... the obligation of Party A to Party X is closed immediately and position settled. Of course there are provisions whereby party A can pay back the shares earlier or party X can ask for shares earlier and there are rules/trades/mechanisms to facilitate this.\""}
{"_id": "450765", "title": "", "text": "...funds received for the month of death and later must be returned. If the estate is bankrupt, as near as I can tell, the SSA is out of luck. (This applies to payment apart from that covered above.) If you need advice on something other than retirement insurance, a comprehensive list of applicable statutes and rulings is here."}
{"_id": "450769", "title": "", "text": "The chronically ill should be seeking out charities not insurance companes. Since companies are into making profit and paying thier employees. While someone who is already fucked is a hugely bad bet for a new client. I'ts nothing personal just the way things are. Your rights end where someone else's rights begin. Meaning you can't force other people to pay your way through life. As much as being able to breath is an achievement for some it does't entitle people to a free ride at someone else's expense."}
{"_id": "450775", "title": "", "text": "NEVER combine the negotiations for trade-in of an old car and purchase of a new one (and/or financing), if you can avoid doing so. Dealers are very good at trading off one against the other to increase their total profit, and it's harder for you to walk away when you have to discard the whole thing. These are separate transactions, each of which can be done with other parties.  Treat them as such."}
{"_id": "450779", "title": "", "text": "I believe the only thing you haven't mentioned to him is the possibility that his activity is criminally fraudulent. I would sit him down, and say something substantially similar to the following: We've talked about your investment before, and I know you believe it's fine.  I just want to make sure you understand that this is very likely fraudulent activity.  I know you believe in it, but you've said you don't understand how or why it works.  The problem with that is that if it is a fraud you can't protect yourself from criminal prosecution because you didn't understand what you were doing.  The prosecutor will ask you if you asked others to give you or the organization money, and then they will convict you based on trying to defraud others. It doesn't matter whether you did it on purpose, or just because you believed the people you are investing in. So I very strongly advise you to understand exactly what the system is, and how it works, and then make sure with a lawyer that it's legal.  If it is, then hey, you've learned something valuable.  But if it's not, then you will save yourself a whole lot of trouble and anguish down the road if you step away before someone you attract to the investment decides to talk to their accountant or lawyer.  A civil lawsuit may be bad, but if you're criminally prosecuted it will be so much worse. Now that I've said my piece, I won't talk to you about it anymore or bother you about it. I wish you luck, and hope that things work out fine. I wouldn't talk to the police or suggest that I'd do anything of that nature, without proof then there's no real way to start an investigation anyway, and unfortunately scams like this are incredibly hard to investigate, so the police often spend little to no time on them without a high level insider giving up evidence and associates. Chances are good nothing would happen to your friend - one day the organization will disappear and he won't recover any more money - but there's a distinct possibility that when that happens, the people below him will come for him, and he won't be able to look further up the chain for help. Perhaps the threat of illegal activity will be enough to prevent him from defrauding others, but if not I think at least you can let it go, and know that you've done everything for him that might work."}
{"_id": "450783", "title": "", "text": "\"Basically, the money you pay in student loan interest is tax deductible, which means as far as the IRS is concerned, you didn't make that money. However, what that saves you on your taxes is a percentage of a percentage; you save the amount of your current marginal rate on the money you paid as interest. Simple example with made-up numbers: Let's say you had a student loan outstanding, and you were making payments of $150 monthly on it. Total payments to said loan in one tax year would be $1800. Of that amount, let's for the sake of argument say that half, $900, was interest. You get your 1098-E with that number on it, and reduce your taxable income by that amount. You're currently doing well, not outstanding but OK, so you're in the 25% tax bracket that most single middle-classers are in. So, your reduction in taxable income of $900 saves you the 25% that those 900 simoleons would have been taxed at, which is $225. So, all told, this loan is a net drain on your disposable income of $1,575, of which $675 is pure cost of capital; you never received a dollar in disbursements to match this amount you're paying, so it's money lost now in return for previous gains. 10 years later, you pay off the debt. Now that $1800 is yours to keep, and to pay full  taxes on. You pay $225 more in taxes (actually, because of amortization, the amount of additional taxes has been steadily increasing as the interest portion of the loan payments has reduced) but have the remaining $1575 in your pocket to do something else. While there is good debt and bad debt, debt is debt; whether deductible or not, the IRS will never credit your tax bill in the amount of interest owed (AFAIK; if someone knows of a loan whose interest is a credit instead of a deduction I'm all ears). So, the deduction on this loan reduces your cost of capital to an effective APR of 4.5%, and because it's a student loan and not a mortgage, you don't have to itemize so this is in effect a \"\"free\"\" deduction (even with an FHA mortgage allowing me to deduct interest, property taxes and PMI, and the residual medical costs after insurance of having our new baby, the $11,900 standard deduction for my wife and I was still the better deal this year). But, you're still losing 4.5% per year to interest. That's your break-even; if the money you could use to pay your debt could earn a better return than 4.5%, then invest it, but if not, pay off the loan. Right now, investments that could make you 4.5% are at the bottom edge of a steep increase in risk and variance, so if your expected ROI is close, I'd lean toward paying off the debt.\""}
{"_id": "450801", "title": "", "text": "Hah! I used to work at Ratzie's Pizza off of Route 1 and Knox. Is it still there do you know? I was only at U of M for 3 semesters. I lived in Easton Hall. I spent too much time going to raves in DC...hence, only staying at U of M for 3 semesters."}
{"_id": "450808", "title": "", "text": "\"One way to do these sorts of calculations is to use the spreadsheet version of IRS form 1040 available here.  This is provided by a private individual and is not an official IRS tool, but in practice it is usually accurate enough for these purposes.  You may have to spend some time figuring out where to enter the info.  However, if you enter your self-employment income on Schedule C, this spreadsheet will calculate the self-employment tax as well as the income tax.  An advantage is that it is the full 1040, so you can also select the standard deduction and the number of exemptions you are entitled to, enter ordinary W-2 income, even capital gains, etc. Of course you can also make use of other tax software to do this, but in my experience the \"\"Excel 1040\"\" is more convenient, as most websites and tax-prep software tend to be structured in a linear fashion and are more cumbersome to update in an ad-hoc way for purposes like tax estimation.  You can do whatever works for you, but I would recommend taking a look at the Excel 1040.  It is a surprisingly useful tool.\""}
{"_id": "450812", "title": "", "text": "MICR fields are defined by their distance to the right edge of the check. The routing number is always the same distance from the right edge. Business checks are longer and have more room for auxiliary information on the left if the bank chooses to use it."}
{"_id": "450816", "title": "", "text": "Has it happened that you bought tickets for a concert in three months and when the date comes a work trip prevents you or suddenly you did not find tickets at the box office, but would you be willing to pay a little more to get that longed ticket? Then comes here, a platform that is supposed to be a revolution in the way people bought and sold all kinds of Discount Online Tickets Houston, because beyond being another player in the field of exclusive events, it is a marketplace where everyone can offer and purchase the tickets you are looking for in any region of the world."}
{"_id": "450819", "title": "", "text": "Not web-based, but both Moneydance and You Need A Budget allow this."}
{"_id": "450826", "title": "", "text": "\"I think that history shows that it's rarely necessary for violence to lead to social reform. There's always been a tug of war between the upper class and the middle/lower classes. The term \"\"working class\"\" was a way to unify middle and lower classes against the wealthy \"\"idle class.\"\" Unfortunately the wealthy were able to convince many white collar middle class people that they were \"\"upper middle class\"\" and that the \"\"upper middle class\"\" shares values and goals with the elite. If you look at the numbers this couldn't be more wrong.  By any standard, I am a very fortunate person. I have a six figure income and some assets. However, the truly elite in the US enjoy household wealth and income that DWARF what I make. I pay a much higher percentage of my income to taxes than a person with inherited wealth does. Why is the system this way? It's effectively a barrier - no matter how hard we work or how well we do - we can't break through to the upper class. Instead of a meritocracy we have an aristocracy. This is the great lie at the center of American politics today.  The aristocrats have the many of the best and brightest convinced that we're part of the club when we're really not and never can be. They've turned us against the blue collar workers and the poor, when we should all be together. They've convinced many that people like the current administration trying to create more upward mobility are anti-american, when it's really the aristocracy that violates democratic values of equality and fraternity.  However - we can vote for leaders who might do better. We can peacefully assemble (think OWS). We can go on reddit and share our political and economic opinions. Because of these freedoms, we can safely say violence is a remote last resort.  Nothing is inevitable. Economic growth is really just people finding ways to interact and deliver value to one another. And - \"\"fortune favors the bold.\"\" I'll stay optimistic and keep making money as well as trying to help my community. I'll bet dollars to donuts change can and will happen  just because enough people will get sick of the Romneys of the world hogging all the wealth and we'll find a political solution.  tl;dr Martin Luther King. Ghandi. Tunisia. We'll work it out like men- with our words.\""}
{"_id": "450830", "title": "", "text": "\"The bottom line is that you are kind of a terrible customer for them.   Granted you are far better than one that does not pay his bills, but you are (probably) in the tier right above that. Rewards cards are used to lure the unorganized into out of control interest rates and late payments.  These people are Capital One's, and others, best customers.  They have traded hundreds of dollars in interest payments for a couple of dollars in rewards.  The CC company says:  \"\"YUMMY\"\"! You, on the other hand, cut into their \"\"meager\"\" profits from fees collected from your transactions.  Why should they help you make more money?  Why should they further cut into your profits? Response to comment: Given your comment I think the bottom line is a matter of perspective.  You seem like a logical, altruistic type person who probably seeks a win-win situation in business dealings.  This differs from CC companies they operate to seek one thing:  enslavement. BTW the \"\"terrible customer\"\" remark should be taken as a compliment.   After you get past the marketing lies you begin to see what reward programs and zero percent financing is all about.  How do most people end up with 21%+ interest rates?  They started with a zero percent balance loan, and was late for a payment. Reward cards work a bit differently.  Studies show that people tend to spend about 17% more when they use a reward card.  I've caught myself ordering an extra appetizer or beer and have subsequently stopped using a reward card for things I can make a decision at the time of purchase.  For people with tight budgets this leads to debt. My \"\"meager\"\" profits paragraph makes sense when you understand the onerous nature of CC companies.  They are not interested in earning 2% on purchases (charge 3% and give back 1%) for basically free money.  You rightly see this as what should be a win-win for all parties involved.  Thus the meager in quotation marks.  CC companies are willing to give back 1% and charge 3% if you then pay 15% or more on your balance. Some may disagree with me on the extracting nature of CC companies, but they are wrong.  I like him as an actor, but I don't believe Samuel Jackson's lines.\""}
{"_id": "450840", "title": "", "text": "Lol this is a troll account if I've ever seen one. But to answer your question it's for my website, e-mail, business card, etc. I'm a voice actor and my studio needs to have a brand for tax purposes and booking jobs."}
{"_id": "450848", "title": "", "text": "\"I'd also look into index funds (eg Vanguard) as they have low management fees. you can buy these as ETFs as well - so you can buy in at a very low starting amount. An index fund can also be a talking point for your kids about what an industry index is and how it relates to the companies that fall into it. Also about how mutual funds try to \"\"beat the market\"\" - and often fail.\""}
{"_id": "450851", "title": "", "text": "Rather than screwing around with foreign currencies, hop over to Germany and open an account at the first branch of Deutsche or Commerzbank you see. If the euro really does disintegrate, you want to have your money in the strongest country of the lot.  Edit: and what I meant to say is that if the euro implodes, you'll end up with deutschmarks, which, unlike the new IEP, will *not* need to devalue. (And in the meantime, you've still got euros, so you have no FX risk.)"}
{"_id": "450860", "title": "", "text": "I don't think that it's a good idea to have cash savings in different currencies, unless you know which will be the direction of the wind for that currency. You can suffer a lot of volatility and losses if you just convert your savings to another currency without knowing anything about which direction that pair will take. Today we can see Brexit, but this is a fact that has been discounted by the market, so the currencies are already adjusted to that fact, but we don't know what will happen in the future, maybe Trump will collapse the US economy, or some other economies in Asia will raise to gain more leadership. If you want to invest in an economy, I think that it's a best idea to invest on companies that are working in that country. This is a way of moving your money to other currencies, and at least you can see how is the company performing."}
{"_id": "450871", "title": "", "text": "Therapists and counselors will last far, far longer than artists. Procedurally generated music and virtual designs are already becoming nearly as good as human created ones, and we\u2019re barely scratching the surface of neural networked creativty.   The bottom line is humans are not special, and creativity is not some trait that *only* humans can have. If an AI can replace a doctor, a judge, a computer programmer, and a civil engineer, then it damn well can (and will) replace the artist making the IKEA prints you\u2019re going to be buying on the art market.   Meanwhile, I\u2019m pretty sure we can be in the year 3000, and people are still going to want to share their problems with someone, and rant to a fellow human being who will listen to their shit and nod thoughtfully and offer advice."}
{"_id": "450878", "title": "", "text": "Your relative in the US could buy a pre-paid Visa (aka Visa gift card) and give you the numbers on that to pay.  They're available for purchase at many grocery/convenience stores.  In most (all??) cases there'll be a fee of a several dollars charged in addition to the face value of the card. The biggest headache I can think of would be that pre-paid cards are generally only available in $25/50/100 increments; unless the current SAT price matches one of the standard increments they'll have to buy the next card size up and then get the remaining money off it in a separate transaction.  A grocery store would be one of the easier places for your relative to do this because cashiers there are used to splitting transactions across multiple payment sources (something not true at most other types of business) due to regularly processing transactions partially paid for via welfare benefits."}
{"_id": "450880", "title": "", "text": "If you want to invest in the Windows Phone, then you go and find out who makes the Windows Phone i.e. Microsoft. Then you go and decide if Windows Phone is successful will the share price of Microsoft go up (own research/deduction) and if you think that the price of Microsoft has a positive correlation with the Windows Phone, then you could buy shares of Microsoft. There is no way to invest directly in individual products on stock exchanges, you are generally investing in the companies that produce them. You find the ticker of a company by googling. NASDAQ: MSFT"}
{"_id": "450885", "title": "", "text": "I see what your point is, but I would argue that the barriers to enter the web market are almost non-existent. It doesn't take huge capital to create a great product. Check out the author's product at http://letsfreckle.com/. It's a perfect example that it doesn't take VC's to make a good product and viable business. Everything that you mentioned can and is being done by entrepreneurs without the help of VC money. By the way just because you have investors involved doesn't mean you'll create a commercially viable product either.  That being said some people will still opt for the VC route because you can't be the next groupon without VC money right? Without investors how would companies with no business model survive?"}
{"_id": "450887", "title": "", "text": "\"I agree 100%.  I am a search engine marketer with a large focus on adwords.  I built my company which has $7mil of revenue a year in a little under 5 years using adwords as the backbone of my marketing.    I have helped out lots of friends with small adwords campaigns.  Here are a couple examples.  My dad is a high end furniture maker.  He sold to galleries for decades.  They would mark his stuff up 100%.  So a table that he sold to them for $2000 they would sell for $4000.  I got him a basic website done and started an adwords campaign which costed me about $100 a month.  After a year he was no longer selling to galleries.  He was charging full retail for his work.  That started 5 years ago.  He was able to weather this financial crisis when other artists were closing up shop, all because of adwords.  I have a friend who is a fisherman.  He would sell most of his fish to a wholesale buyer for a low price then take what he thought he could sell retail down to the pier to sell to locals.  I got him a website with a call to action which said \"\"sign up to receive alerts when the fresh fish is coming in\"\".  I started an adwords campaign and ran it to only show ads to people near the pier.  I spent about $10 a month.  Over the course of two years he built a customer list of over 200 people who get an email every time he is coming in and they call and place orders.  Now he knows how much he can sell retail (and that's a whole lot more than  he did before).  Both of these examples were game changers for these people and all done with minimal adwords expense.  One thing you should do is do a google search from your house (should be in the area your dad wants to service) and search for \"\"plumber in [your location]\"\".  Take a look at ads on the search engine results page.  If you see lots of them for plumbers in your area then there will be competition and its a bit of a tougher road (but totally doable).  If you don't see many ads then you are in luck and you will own it.  I started with this book:  http://www.amazon.com/Ultimate-Guide-Google-AdWords-Million/dp/1599180308  It changed my life.  Once I because an adwords expert I felt I could do anything and I haven't been proven wrong.  Good luck.  If you need any help let me know.\""}
{"_id": "450899", "title": "", "text": "Silver is a commodity. It's valuable for certain kinds of manufacturing, jewelry, and as a speculative financial instrument or hedge against the dollar. The S&P 500 includes companies which make money off of mining, manufacturing, medicine, media, technology, banking, dining, agriculture... There's a lot more variety there."}
{"_id": "450902", "title": "", "text": "I mean I guess I don't really know since I never looked into it. Unless the primary language is English, I feel like it would be tough. The Asian students I knew in school that don't have great English often don't make it. Not even just the class, but not being able to integrate with anyone except other Asian students."}
{"_id": "450910", "title": "", "text": "The liquidity is quite bad. I have seen open Intrest drop from thousands to zero.  Theta and the lack of liquidity are strong reasons not to buy options. Instead, consider selling them.  They say that most Option purchases expire worthless. Why is this so? Because hedge funds buy those out-of-the-money puts in case their position goes against them (like insurance).  Make money selling insurance. No one makes money buying insurance."}
{"_id": "450915", "title": "", "text": "We are very particular about time and care about yours as well. All you need to do is make an appointment with us and we will take care of everything else. Expect best quality and prompt service, only from us at Simply Spotless.  http://www.simplyspotless.com.au/"}
{"_id": "450922", "title": "", "text": "I think you are asking a few questions here. Why is gold chosen as money? In a free market there are five characteristics of a good money: Gold and silver meet all five characteristics.  Diamonds are not easily divisible which is why they are not normally used as money.  Copper, Iron, and lead are not scarce enough - you would need a lot of these metals to make weekly or daily purchases.  Paper is also way too plentiful to be used as money. By the way, historically silver has been used for money more than gold. How does international trade work with gold as money (is this what you are asking with your hypothetical example of 10 countries each with y amount of gold?) Typically a government will issue a currency that is backed by gold.  This means you can redeem your currency for actual gold.  Then when an American spends 5 US dollars (USD) to purchase a Chinese good the Chinese man now owns 5 USDs.  The Chinese man can either redeem the 5 USD for gold or spend the 5 USD in the US.  If a government issues more currency then they have gold for then the gold will start to flow from that country to other countries as the citizens of the other countries redeem the over-issued currency for gold.  This outflow of gold restricts governments from over-issuing paper currency. Who creates the procedures and who supervises them in modern worldwide economy? The Federal Reserve, IMF, and Bank of International Settlements all are involved in the current system where the US dollar (see Bretton Woods agreement) is the reserve currency used by central banks throughout the world.  Some think this system is coming to an end.  I tend to agree."}
{"_id": "450925", "title": "", "text": "How to send the full loan amount from Saudi Arabia (money exchange), because I have a money transfer limit? There is no limit for sending money into India. Just use the right banking channel and transfer the funds. If I sent to India, what about tax and all that in India? In a financial year if you are outside of India for more than 182 days, you are Non-Resident for tax purposes. Any money you earn outside of India is tax free in India. i.e. there is no tax for this funds in India.   If it is possible to send the money, to whom do I have to send it (my account, or my parents account) Whatever is convenient, preferably to your own NRE/NRO account. Any documents I have to show for tax issues (in case tax) You have to establish that you are NRI and hence this funds are not taxable. Hence its best you transfer into NRE/NRO account. If you transfer to your parents account, you would need a gift deed to make this non-taxable to your parents. I have savings account my self in Axis Bank, for the past 3 years I am paying taxes, if I send to my Axis Bank account how can I withdraw the full amount (10 lakhs (1,000,000)) on single day   Withdrawal is possible by cash or cheque You can write a check, do a NEFT/RTGS transfer to your loan account, you can withdraw cash by giving some notice time to the Branch Manager of your Branch."}
{"_id": "450933", "title": "", "text": "I don't know if I would go so far as to hire an accountant. None of those things you listed really complicates your taxes all that much. If you were self-employed, started a business, got a big inheritance, or are claiming unusually large deductions, etc. then maybe. The only thing new from your post seems to be the house and a raise. The 3rd kid doesn't substantially change things on your taxes from the 2nd. I'd suggest just using tax preparation software, or if you are especially nervous a tax-preparation service. An accountant just seems like overkill for an individual."}
{"_id": "450939", "title": "", "text": "If you're really price-sensitive, consider carrying cash in your wallet whenever your brother (or you) comes home to your own country. Besides saving money, this should teach your younger brother to plan well and manage his living costs or otherwise he'll starve. Let's say that a month's living cost is $1500 which includes housing, food, transportation, and the occasional splurging[1]. If your brother's school is in a per-semester basis, chances are he'll visit your home country at about twice a year. That will be $1500 * 6 months = $9000. You can still carry that amount of money in your wallet (that's 90 sheets in $100 bills, which should fit in larger wallets) provided that you're careful. If you or your brother don't go home regularly at least once a year, the 3% transfer fee isn't that big. Let's say that the total amount that you transfer is $18K (for a year's living cost, $1500 * 12 months), the fee for that will be $540 ($18000 * 0.03), which I'll bet is far less than a return airfare from the US to India/China/UAE. [1] I'm living on my own in Singapore right now, and my monthly expenses rarely exceeds S$1500/month, so I'm assuming that in the states that would be USD 1500. You can get a projection for that number yourself."}
{"_id": "450949", "title": "", "text": "\"Standard deviation from Wikipedia : In statistics and probability theory, the standard deviation   (represented by the Greek letter sigma, \u03c3) shows how much variation or   dispersion from the average exists.1 A low standard deviation   indicates that the data points tend to be very close to the mean (also   called expected value); a high standard deviation indicates that the   data points are spread out over a large range of values. In the case of stock returns, a lower value would indicate less volatility while a higher value would mean more volatility, which could be interpreted as high much change does the stock's price go through over time. Mean would be interpreted as if all the figures had to be the same, what would they be? So if a stock returns 10% each year for 3 years in a row, then 10% would be the mean or average return. Now, it is worth noting that there are more than a few calculations that may be done to derive a mean. First, there is the straight forward sum and division by the number of elements idea. For example, if the returns by year were 0%, 10%, and 20% then one may take the sum of 30% and divide by 3 to get a simple mean of 10%. However, some people would rather look at a Compound Annual Growth Rate which in this case would mean multiplying the returns together so 1*(1+.1)*(1+.2)=1.1*1.2=1.32 or 32% since there is some compounding here. Now, instead of dividing a cubic root is taken to get approximately 9.7% average annual return that is a bit lower yet if you compound it over 3 years it will get up to 32% as 10% compounded over 3 years would be 33.1% as (1.1)^3=1.331. Sharpe Ratio from Investopedia: A ratio developed by Nobel laureate William F. Sharpe to measure   risk-adjusted performance. The Sharpe ratio is calculated by   subtracting the risk-free rate - such as that of the 10-year U.S.   Treasury bond - from the rate of return for a portfolio and dividing   the result by the standard deviation of the portfolio returns. Thus, this is a way to think about given the volatility how much better did the portfolio do than the 10 year bond. R-squared, Alpha and Beta: These are all around the idea of \"\"linear regression\"\" modelling. The idea is to take some standard like say the \"\"S & P 500\"\" in the case of US stocks and see how well does the portfolio follow this and what if one were to use a linear model are the multipliers and addition components to it. R-squared can be thought of it as a measure as to how good is the fit on a scale of 0 to 1. An S & P 500 index fund may well have an R-squared of 1.00 or 0.99 to the index as it will track it extremely closely while other investments may not follow that well at all. Part of modern portfolio theory would be to have asset classes that move independently of each other and thus would have a lower R-squared so that the movement of the index doesn't indicate how an investment will do. Now, as for alpha and beta, do you remember the formula for a line in slope-intercept form, where y is the portfolio's return and x is the index's return: y=mx+b In this situation m is beta which is the multiple of the return, and b is the alpha or how much additional return one gets without the multiple. Going back to an index fund example, m will be near 1 and b will be near 0 and there isn't anything being done and so the portfolio's return computed based on the index's return is simply y=x. Other mutual funds may try to have a high alpha as this is seen as the risk-free return as there isn't the ups and downs of the market here. Other mutual funds may go for a high beta so that there is volatility for investors to handle.\""}
{"_id": "450964", "title": "", "text": "Yeah any tax cut plan is going to help the rich. Derp. That's not a bad thing lol. Really the rich need to pay less, the middle class needs to pay less, and the poor need to pay in a little instead of none and or getting tax refunds yet paying no taxes (income tax I mean).   I'm a flat tax guy myself, with no loopholes. But that's a pipe dream :(."}
{"_id": "450978", "title": "", "text": "Real basic bond question: When a future on Gov bonds get tendered, a physical bond is delivered. Since 'bonds' are generally in denoms of $100, does the physical delivery always have to be in sets of 100, ie there can't be partial delivery of bonds?"}
{"_id": "450984", "title": "", "text": "(Six years later...) I've used CheckFree for over 20 years, and my uncle started using it back in the early 1980s through a 300 baud modem.  It has e-bills, EDI bills that you schedule yourself, and will also mail checks to people and small businesses. You can make your payments from an unlimited number of banks, can schedule multiple recurring payments for the same bill (I find that useful for when buying large/expensive items by CC: I create a different payment schedule for each), plus ad hoc payments."}
{"_id": "451005", "title": "", "text": "The IRS has a calculator for this purpose."}
{"_id": "451009", "title": "", "text": "Leadership training can transform your personality, mindset and ability in a progressive manner. Training with Mitesh Khatri can surely help you display your leadership skill with flair and confidence. In short, the whole process can make you able enough to take the risky decisions with the positive attitude, thereby to help you deliver productivity. https://www.miteshkhatri.com/the-art-of-appreciation/"}
{"_id": "451020", "title": "", "text": "\"Its is considered a \"\"hobby\"\" income, and you should be reporting it on the 1040 as taxable income. The expenses (what you pay) are hobby expenses, and you report them on Schedule A (if you itemize). You can only deduct the hobby expenses to the extent of your hobby income, and they're subject to the 2% AGI threshold.\""}
{"_id": "451024", "title": "", "text": "\"&gt; the park is so much smaller than its competitors  Out of curiosity, what are you referring to when you say \"\"its competitors\"\"?  I don't really see any direct competitors for SeaWorld.  What I do see is a dying idea that no longer draws the amount of entertainment dollars it used to.    Especially with the end of the Orca shows, there's little point.\""}
{"_id": "451078", "title": "", "text": "&gt; but most recognize that money can't buy happiness.  The acquisition of money is quite exhilarating though. People don't easily part with it, so it feels like you're doing something pretty awesome every time new money flows your way.  Money is like a drug. That feeling quickly fades, leaving you wanting more. I imagine that's why people who have all the money they could ever possibly spend still seek more."}
{"_id": "451092", "title": "", "text": "With new cars it's usually the other way around: finance at a low APR or get cash back when you buy it outright. With used cars you usually don't know how much they have invested in the car, so it's more difficult to know how low they're willing to go. Regardless, I do think it's odd that they would knock 2K off the price if you finance with them, but not if you pay cash. The only reason they would do that is if they intend to make at least 2K in interest over the life of the loan, but they have no way of guaranteeing you won't refi. Therefore, I suspect they are bluffing and would probably close the deal if you wrote them a check (or put the cash on the table) for 2K less. However, if they won't budge and will only knock off 2K if you finance, you could finance and pay it off in full a week later. Just make sure they don't have any hidden origination fees or pay-off-early fees."}
{"_id": "451129", "title": "", "text": "\"**Corporatism**  Corporatism, also known as corporativism, is the sociopolitical organization of a society by major interest groups, known as corporate groups, such as agricultural, business, ethnic, labour, military, patronage, or scientific affiliations, on the basis of their common interests. It is theoretically based on the interpretation of a community as an organic body. The term corporatism is based on the Latin root word corpus (plural corpora) meaning \"\"body\"\".  In 1881, Pope Leo XIII commissioned theologians and social thinkers to study corporatism and provide a definition for it.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "451145", "title": "", "text": "\"Way to dredge the [very bottom of the argument hierarchy man.](https://commons.m.wikimedia.org/wiki/File:Graham%27s_Hierarchy_of_Disagreement.svg)  You're not making a compelling case for your point. If you believe entrepreurship or freelancing is the only way to achieve \"\"the American Dream\"\" then it seems youre intentionally and internally (to yourself) changing the definition of \"\"the American Dream\"\" to suit you.\""}
{"_id": "451170", "title": "", "text": "Your long-term saving targets will include retirement, kids' college, house, etc. Medium-term might be your college, or a car. Short-term might be a vacation somewhere or a new laptop. In all cases saving, then spending money you do have is better than spending money you don't have. I think that's the first takeaway of this truism. However, I also believe 10% is said as a retirement target. Retirement is very important and this advice is stressed by many financial planners because it's very easy to underestimate how expensive it is. By the same token, it's recommended that you spend 2 months' salary on an engagement ring, and that particular truism can be traced back to a DeBeers ad. I personally don't know whether 10% as a retirement target is sage - it sounds right but I haven't followed it for a variety of reasons. Please corroborate against multiple sources and apply to your own financial person."}
{"_id": "451178", "title": "", "text": "\"The way the post is worded, coca cola wouldn't count towards either, although it's not entirely clear. If the dividends are considered under capital gains (which isn't technically an appropriate term) he's earning only 500Million a year from his stake in coca cola. If he sold his shares, he'd receive capital gains of ~15Billion, which would probably outpace his operations business.   The best graph would probably be something like \"\"net worth of operations vs net worth of equity in other companies\"\"\""}
{"_id": "451180", "title": "", "text": "From India Tax point of view: Some one else may give the US tax treatment. Refer to this similar question what taxes I need to pay in India Capital Gains. My accountant never asked or reported the bought property in taxes- should he reported in taxes?Did he do wrong not reporting   should I report the property in my next year taxes?   If you mean in IT Returns, yes it should be declared. Can i bring the money back if needed? By Back if you mean repatriate to US, The capital portion would be Ease if the loan property was purchased or loan repaid from NRE. Else there is limit on the amount and paperwork. Consult a CA. If I rent the property instead of selling, do I have to report the income and what income?   should I be filling taxes on the rental income in India or just in USA or both   You are taxable for the rent and have to report it as income and pay taxes in India."}
{"_id": "451189", "title": "", "text": "A 529 has a custodian and beneficiary. If, say, my Mom is custodian and my daughter the beneficiary, neither my daughter, my wife, nor I can access this account. In fact, if my daughter chooses not to attend college, Mom can change beneficiaries.  So, a 529 is ideal for what you have described.  By the way, your wife may have broken the law. Money in your child's name/SSN cannot simply be taken from the account at a parent's whim. You have every right to ask for an accounting of that money and insist she return it to your child's account.  Edit - I was going to add that UTMA money may only be spent for the benefit of the child, and not for day to day items, food, clothing, etc. The article The proper use of UTMA funds provides a bit of support to my position on that."}
{"_id": "451195", "title": "", "text": "As an investment, the trend doesn't really matter, what matters is the price which you buy the house, and the price at which you sell.  Say you buy a house for $250k today.  In general, it doesn't matter if the house is worth $200k or $300k tomorrow (neglecting things like refinancing and home equity loans).  What matters is the price when you sell.  The longer you plan to stay, the less the current market conditions mean. Of course there is a lot more that goes into the decision to buy a house, since you are going to live in it. You also need to take into account things like how long you plan on staying in the area, the stability of your job, and future family size."}
{"_id": "451196", "title": "", "text": "Life Strategy funds are more appropriate if you want to maintain a specific allocation between stocks and bonds that doesn't automatically adjustment like the Target Retirement funds which have a specific date.  Thus, it may make more sense to take whichever Life Strategy fund seems the most appropriate and ride with it for a while unless you know when you plan to retire and access those funds. In theory, you could use Vanguard's Total Market funds,i.e. Total Stock Market, Total International, and Total Bond, and have your own allocations between stocks and bonds be managed pretty easily and don't forget that the fees can come in a couple of flavors as betterment doesn't specify where the transaction fees for buying the ETFs are coming out just as something to consider."}
{"_id": "451203", "title": "", "text": "Another option is to short whatever interest rate you think will go up.  For example, if you think that interest on treasuries will go up, then short treasuries."}
{"_id": "451207", "title": "", "text": "What about web-hosting fees? Cost of Internet service? Cost of computer equipment to do the work? Amortized cost of development? Time for support calls/email? Phone service used for sales? Advertising/marketing expenses? Look hard--I bet there are some costs."}
{"_id": "451248", "title": "", "text": "I wasn't 100% on which columns of the scale you were referring to, but think I captured the correct ones in this comparison, using the scale for BA and MA (MA scale starting 2 years later, with decreased income reflected for first two years), applying a 1% cost of living increase each year to the scale or to prior year after the scale maxes out and assuming you borrow 40k and repay years 3-10, then the difference and cumulative difference between each scenario:  So it would be about 16 years to start coming out ahead, but this doesn't account for the tax deduction of student loan interest. Some things in favor of borrowing for a MA, there are loan forgiveness programs for teachers, you might only make 5-years of minimum payments before having the remainder forgiven if you qualify for one of those programs. Not sure how retirement works for teachers in WA, but in some states you can get close to your maximum salary each year in retirement. Additionally, you can deduct student loan interest without itemizing your tax return, so that helps with the cost of the debt. Edit: I used a simple student loan calculator, if you financed the full 40k at 6% you'd be looking at $444 monthly payments for 10 years, or $5,328/year (not calculating the tax deduction for loan interest)."}
{"_id": "451250", "title": "", "text": "&gt;The point is, the worker deserve a share of those profits. It is their work that has made them - in addition to the work of the CEO  Uh, no. The main purpose of a corporation is to increase shareholders' wealth. Neither the workers, nor the CEO *deserve* anything from the profits, their pay has already been deducted as an expense. Profit is the residual income that is left to distribute to shareholders (you know, the guys who are risking everything. i.e. they are last to receive anything, if left, when a company goes bankrupt) as a dividend, or to reinvest in the company.   If salaries are inadequately low, that is a whole different problem. Increase them, and have more adequate profit levels *next year*. But let's not get confused as to who deserves what.  Personally, I find both Cat's remuneration's policy and the union's demands disgusting. So don't take this the wrong way. CEO is clearly overpaid already, but they did not just decide to give him a raise or something. Pay for performance measures are probably already in his contract. Maybe next time when that contract is renegotiated the remuneration board will propose more normal terms. The union on the other hand, with its unreasonable demands about seniority, and god knows what else, is likely to lead to many cut-backs (at the new terms), and unlikely, but possible, closure of the plant, leading to even more unemployment."}
{"_id": "451276", "title": "", "text": "How do you manage things like right of way? Duplication of services etc?  Are we to assume that all actors will build in good faith and allow all to access these pieces of infrastructure. What happens if we clog up all the first few meters of underground with network cable and the one water company needs to upgrade piping to meet population needs?  Who co-ordinates all these kinds of things to ensure it works well? How are these people paid? Where do their interests lie? In the event of a big highway project tearing through a neighborhood who represents the people of the neighborhood and ensures their interests are heard as well?  What about public services that are in no way profitable for a company to run or manage?  I would love to just let the perfect free market reign however it completely ignores all kinds of physical and logistic realities."}
{"_id": "451280", "title": "", "text": "Yep that wasn't a shot at you. I had to read the article to determine if it meant that:  A.) A rule exists that makes it easier to sue banks, and republicans are killing it, OR  B.) Republicans are killing a rule, creating a situation that makes it easier to sue banks"}
{"_id": "451284", "title": "", "text": "it seems you have 3 concerns:"}
{"_id": "451286", "title": "", "text": "\"What would be the \"\"up front\"\" stuff?  I make more than 40k, and have no debt. 0 debt. I don't own a house yet, so I pay rent and bills. No car loan, no school loans, etc. Don't run a balance on my credit card.   Yet I still feel financially strained. I don't make 75k, although I do believe that would make me feel much *closer* to stable\""}
{"_id": "451291", "title": "", "text": "Apparently Amazon's legal team that is battling to prevent online retailers from getting taxed was not consulted as to whether an idea like this would look *really* bad for their case. It's brilliant, but a wee bit diabolical. Brick and mortar retailers really have no recourse against something like this."}
{"_id": "451301", "title": "", "text": "\"From Wikipedia - Stock: The stock (also capital stock) of a corporation constitutes the equity   stake of its owners. It represents the residual assets of the company   that would be due to stockholders after discharge of all senior claims   such as secured and unsecured debt. Stockholders' equity cannot be   withdrawn from the company in a way that is intended to be detrimental   to the company's creditors Wikipedia - Dividend: A dividend is a payment made by a corporation to its shareholders,   usually as a distribution of profits. When a corporation earns a   profit or surplus, it can re-invest it in the business (called   retained earnings), and pay a fraction of this reinvestment as a   dividend to shareholders. Distribution to shareholders can be in cash   (usually a deposit into a bank account) or, if the corporation has a   dividend reinvestment plan, the amount can be paid by the issue of   further shares or share repurchase. Wikipedia - Bond: In finance, a bond is an instrument of indebtedness of the bond issuer   to the holders. It is a debt security, under which the issuer owes the   holders a debt and, depending on the terms of the bond, is obliged to   pay them interest (the coupon) and/or to repay the principal at a   later date, termed the maturity date. Interest is usually payable   at fixed intervals (semiannual, annual, sometimes monthly). Very often   the bond is negotiable, i.e. the ownership of the instrument can be   transferred in the secondary market. This means that once the transfer   agents at the bank medallion stamp the bond, it is highly liquid on   the second market. Thus, stock is about ownership in the company, dividends are the payments those owners receive, which may be additional shares or cash usually, and bonds are about lending money. Stocks are usually bought through brokers on various stock exchanges generally. An exception can be made under \"\"Employee Stock Purchase Plans\"\" and other special cases where an employee may be given stock or options that allow the purchase of shares in the company through various plans. This would apply for Canada and the US where I have experience just as a parting note. This is without getting into Convertible Bond that also exists: In finance, a convertible bond or convertible note or convertible debt   (or a convertible debenture if it has a maturity of greater than 10   years) is a type of bond that the holder can convert into a specified   number of shares of common stock in the issuing company or cash of   equal value. It is a hybrid security with debt- and equity-like   features.  It originated in the mid-19th century, and was used by   early speculators such as Jacob Little and Daniel Drew to counter   market cornering. Convertible bonds are most often issued by   companies with a low credit rating and high growth potential.\""}
{"_id": "451307", "title": "", "text": "One way to think of net worth is to think if you sold everything you owned, how big of a pile of money would be standing next to you (assuming your net worth is positive). If you started with $100K and then bought a house worth $100K you would have $0 in the bank and a house.   If you sold that house for $100K you would pay the realtor 6% (typically) or $6K leaving you with $94K.    This means the act of buying your house has reduced your net worth by $6K. I asked a related question about how to value your home in your net worth."}
{"_id": "451312", "title": "", "text": "\"I don't want to sue them on my own.  I don't want them sued in the first place.  Anyone could see that this was a typical class-action suit with minimal merits that companies usually just pay off to make go away.  Fucking ambulance chasing lawyers are fucking us all over, and those idiots like yourself who cover up for them.  If only the judges would get some balls and say, \"\"Hey, this so called 'settlement' doesn't benefit the class at all and is basically a payoff for the scum sucking lawyers, so I'm going to deny it\"\".  Good luck with that happening.\""}
{"_id": "451314", "title": "", "text": "Without more information about what tax bracket you are in, I cannot make a recommendation about what your best option is, but here are a few things to consider:"}
{"_id": "451320", "title": "", "text": "More than likely you have signed an NDA with your employer with a non-compete clause within it. From what I have seen this clause would be in place for two years following the date you left your firm. So, leaving your firm and consulting as a 1099 for your current client is more than likely a violation of your NDA for 2 years or some period of time. With that being said, there is nothing keeping you from going off on your own as an independent and finding work, so long as that work isn't from one of the current clients of your firm.   I am not a lawyer and everything above is what I have seen in my personal experience."}
{"_id": "451328", "title": "", "text": "Please don't waste any more time feeling bad for merchants for the charges they incur. I don't know who supported the lobby for this rule, but issuers no longer can demand that merchants accept all transactions (even the unprofitable ones).  I discussed this at length on my blog. Merchants accept credit cards for one reason, and one reason only: it brings them more business.  More people will buy, and on average they'll buy more.  They used to take the occasional hit for someone buying a pack of gum with a credit card, but they don't have to anymore.  The new law restricts issuers from imposing minimum transactions that are less than $10. I use a rewards card wherever possible.  I get a cheaper price.  In most cases I don't care what the merchant has to pay.  They've already factored it into their prices. But if you are concerned, then as fennec points out in his comment, cash is the way to go."}
{"_id": "451348", "title": "", "text": "\"The question \"\"do they?\"\" is a fair one, but the answer, \"\"we can only observe the past, and that's what they did,\"\" may not be so satisfying to you.  It's safe to say that any longer term view of any market will show far less volatility than a short one. It only takes a glance at the return of the 2000's  2009 27.11   2008 -37.22  2007      5.46  2006  15.74 2005  4.79   2004 10.82   2003  28.72  2002    -22.27  2001 -11.98 2000     -9.11 (for the S&P) to see that in an awful decade containing -37% and -22% that the full decade was \"\"only\"\" down 9% in total or just less than 1% per year compounded. I'm not predicting any particular returns forward, just noting this is how the math works.  DCA performs well through such a decade, better than in a rising one. You are offered the opportunity to buy into a market selling below the long term trend.  Added note in response to Enno's answer below - On rereading the linked article, I see where the author cites Zvi Bodie who clearly made a logical error. He concludes that since a 20 month S&P put costs triple what a 2.3 mo put costs, that there's more risk the market falls over the longer period, not less. American options can be sold or exercised at any time. If a 2 year option were cheaper than a 2 month option, no one would buy the shorter term. It's pretty simple that the Options Pricing Models take time into account and their value, put or call, increases along with the time till expiration.  On a lighter note, when I take the S&P data for 1871-2012 (I know, no S&P back then, but it's Schiller's data) I get average 40 year returns of 44X, similar to the author's conclusion, $1K growing to $44K. But, the Standard deviation is 28. So the high end of +1 STDEV is $72K, not the author's $166K. Although, the low end 44-28=16 comes close to his $14K figure. $16K is a 7.18% long term return which today doesn't look bad. When the article was written, the author was looking at a 6% short term risk free rate.\""}
{"_id": "451351", "title": "", "text": "\"I mean \"\"predestination\"\" in the context that some people \"\"have it\"\" to be entrepreneurs and some people don't.  The requirements are for entrepreneurship are intangible - if we knew what they were then we'd be able to follow a checklist when starting a business, no business would ever fail and we'd all be multimillionaires.  IMO some people have a \"\"natural aptitude\"\" for entrepreneurship - I don't know whether that's born or part of upbringing.  But you can often see someone talking about their great idea or their plans for a fledging business and you think \"\"you don't have a chance, mate\"\" or \"\"that's just ridiculous - who'd pay for that?\"\" (or maybe just \"\"you've misjudged the market\"\"). These people don't have that natural aptitude, as they prove when they fail.  If you're a budding entrepreneur your parents, other members of your family and your friends are *not* qualified to assess your abilities - only other entrepreneurs are. Family and friends just have the wrong biases - if your family tell you that you'll never succeed then you can only prove them wrong by succeeding; if your friends tell you you have a great idea then fear that they may just be saying that to keep the peace and to avoid conflict. Chances are that neither of these two groups have entrepreneurship experience - the same applies to many people here on Reddit ascribing success to luck.  If you approach an entrepreneur and tell them about your great idea then they'll be too polite to say \"\"you're an idiot\"\", so you have to ask them for their opinion, for mentoring (and then you'll probably have to read between the lines, because people are still too polite).  What I'm not seeing is people with nous and who also work hard - I'm not seeing them failing. Not dramatically. The people I see failing there has always been a clue beforehand, I thought \"\"why the heck are you doing it that way, mate?\"\"\""}
{"_id": "451352", "title": "", "text": "I was wondering why equity is reflecting ownership of the issuing entity?  That is the definition of equity in this regard. My understanding is that for a stock/equity, its issuing entity is a company/firm that sells the stock/equity, while its receiving entity is an investor that buys the stock/equity Correct. equity reflects ownership of the receiving entity i.e. investor Incorrect. Equity reflects ownership by the receiving entity of the issuing entity. That is, when you buy stock in a company (taking an equity stake in the company) you buy a piece of the company.  It would be rather odd for the company to own a piece of you when you buy their stock."}
{"_id": "451360", "title": "", "text": "\"You're potentially in very deep water here. You don't know who this person is that you're dealing with.  Before you'd even met him, he just gave you his banking info, seemingly without a second thought.   You have no idea what the sources of his money are, so what happens if the money is stolen or otherwise illegal?  If it is determined that you used any of that money, you'll be on the hook to return it, at the very least.  Who knows what the legal ramifications are either? So it sounds like you began spending his money before you had any kind of written agreement in place?  Doesn't that seem odd to you to have someone just so trusting as to not even ask for that? Was the source of the email about the $2500 from PayPal, or from him or his advisor?  PayPal always sends you a notice directly when funds are received into your account, and even if they were going to put a temporary hold on them for whatever reason (sometimes they do that), it would still show up in your account. I would HIGHLY (can I be more emphatic?) advise you not to go anywhere NEAR his bank account until or unless you can absolutely verify who he is, where his money comes from, and what the situation is. If you start dipping into his account, whether you think you're somehow entitled to the money or not, he could cry foul and have you arrested for theft. This is a very odd situation, and for someone who says he's normally cautious and skeptical, you sure let your guard down here when you started spending his money without making any serious effort to confirm his bona fides. Just because he passes himself off as smart and the \"\"doctor type\"\" doesn't mean squat.  The very best scammers can do that (ever see the movie \"\"Catch Me If You Can\"\", based on a true story?), so you have no basis for knowing he's anything at all. I am thoroughly confused as to why you'd just willfully start using his money without knowing anything about him.  That's deeply disconcerting, because you've opened yourself up to a world of potential criminal and civil liability if this situation goes south. If this guy was giving you money as an investment in your business and you instead used some of that money for your own personal expenses then you could land in very serious trouble for co-mingling of funds.  Even if he told you it was okay, it doesn't sound like there's anything in writing, so he could just as easily deny giving you permission to use the money that way and have you charged with embezzlement. You need to step back, take a deep breath, stop using his money, and contact a lawyer for advice.  Every attorney will give you a free consultation, and you need to protect yourself here. Be careful, my friend.  If this makes you suspicious then you need to listen to that voice in your head and find a way to get out of this situation.\""}
{"_id": "451373", "title": "", "text": "Think of Ether (the units of Ethereum) as the gas that's required to power applications and transactions on a decentralized version of AWS.   If you foresee a future that involves an internet that runs applications without central ownership of the cloud servers, then investing in Ethereum is a good idea. Think of it as buying futures on computational power.  Keep in mind, Ethereum (unlike Bitcoin) isn't designed to be a long-term store of value. ~95 million Ether exist today and ~10 million more are mined each year. That being said, demand still seems to be greater than existing + new supply.   **Disclosure** - I hold a signifiant amount of my net worth in bitcoin with a much smaller position in Ethereum."}
{"_id": "451380", "title": "", "text": "\"Tivo and listerine strips in my humble opinion are examples of \"\"first movers\"\"who stopped innovating after entering their product to the market. The competition simply developed better products or a new tech came along and they were unresponsive to those changes.\""}
{"_id": "451384", "title": "", "text": "You missed the point of my post entirely. I don't have an issue with Walmarts tax rate, I'm stating that if all their employee's unionized and demanded livable wages that the corporation could pay them without even losing 20% of their net profits.  At that point, perhaps the U.S. govt wouldn't have to pay the est 3 billion in assistance payments these employee's currently get.  Comes down to making a company pay it's work force. Don't even imply that it would hurt their bottom line. It wouldn't."}
{"_id": "451393", "title": "", "text": "It isn't illegal to hold money in overseas accounts.  It is illegal if you don't report it.  If the money is outside the US, it is hard for IRS to know about it.  That's the reason people who have money to hide take their chances with overseas accounts. Hope this simple explanation helps."}
{"_id": "451405", "title": "", "text": "Yeah 50 peaople in one slim industry that is mostly exempted. Thats a real study right? The reality is there is less jobs. You can't  raise the price of labour and still be competitive with technology. Every extra dollar up just goes to taxes any way. All those people who used to get returns will now be getting a nice bill to welcome them to their new tax bracket. But keep lying to yourself as you edge towards the Venezuela model of starvation."}
{"_id": "451421", "title": "", "text": "I think you need to go to a local bank and ask. The key thing is paper trail. For any mortgage I've gotten on a new purchase, the bank needs to see where the down payment came from and how it got to the seller. In this case, it can go either way. If the value is truly 100% to the 80% you are looking to finance, and the paper trail is legit, this may work just fine.  The issue others seem to have is that simply buying at a 20% discount is not a legit way to finance the 80%. Here, it appears to me that the 20% came from you in installments, via the rent."}
{"_id": "451424", "title": "", "text": "Read more closely:   If you do not change your current withholding arrangement, you will have $7,817 withheld for 2014 resulting in an overpayment of   $2,467. and later... Assuming this recommendation is in effect for the rest of 2014... If you do nothing you would get a refund of the full $2,467. If you follow the advice of whoever wrote that you wouldn't pay as much tax for the rest of the year and consequently will get back less when you file, because you are getting it back now."}
{"_id": "451429", "title": "", "text": "You need a source of delisted historical data. Such data is typically only available from paid sources. According to my records, Lawson Software Inc listed on the NASDAQ on 7 Dec 2001 and delisted on 6 Jul 2011.  Its final traded price was $11.23.  It was taken over by Infor who bid $11.25 per share. Source: Symbol LWSN-201107 within Premium Data US delisted stocks historical data set available from http://www.premiumdata.net/products/premiumdata/ushistorical.php Disclosure: I am a co-owner of Norgate / Premium Data."}
{"_id": "451432", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.seattletimes.com/seattle-news/transportation/100000-per-parking-space-costs-soar-for-sound-transits-kent-park-and-ride-garage/) reduced by 93%. (I'm a bot) ***** &gt; The agency says cost estimates have soared to $65 million, compared to the previous $35 million, to add as many as 550 spaces by 2023 at the Sounder train station in Kent, which already has one big garage.  &gt; Staff will present options and answer questions from 4-7 p.m. Tuesday, Sept. 19, at the station, 23 A St. S.W. Sumner Station: Sound Transit will build a garage, sidewalks and lighting, adding a net 505 stalls by 2021, for $52 million.  &gt; Sound Transit says 51 percent of riders drive to Kent Station, but the 12 percent &amp;quot;Walk&amp;quot; share includes many who park off-site.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70d07p/100000_per_parking_space_costs_soar_for_sound/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~210651 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **park**^#1 **station**^#2 **garage**^#3 **Sound**^#4 **Kent**^#5\""}
{"_id": "451436", "title": "", "text": "It pretty much comes down to where you interview and what you are trying to do.  Finance is something that you learn.  While yes, you can major in it (I did), it is really about how clever you are.  You need to be creative in the way you perceive the problems that come at you.  Since you seem to be quantitative in nature, you should be fine.  When a hiring manager reads your resume he/she will see that.  They are probably tired of hearing interviewees drone on about how they would buy this vanilla stock because of a PE ratio or a solid balance sheet.  Everyone is the same.  If you can stand out, you can probably get a job wherever you want to within the realm of finance (with some minor exceptions).  Odds are if you work at  BB I-bank you will be trained in any sort of finance they deem necessary for you to be aware of.  Know some basic stuff.  If you major in mathematics or stats or what-have you, you must be intelligent.  Buy a few novels.  The Quants, FIASCO, The Big Short, Liars Poker, Black Swan, Boomerang, A Random Walk Down Wall Street.  These will expose you to the ethos of a typical wall streeter.  You will also learn a few things about major events of the past and what is going on in the present.  Over all: Math is key.  Know some programming (R, python, maybe perl).  VBA is whack.  Know your Excel (no mouse!) Programming is a huge skill set that will set you apart from kids who were involved in random clubs.  If you have a skill you are more valuable to a company compared to someone with a supposed knowledge of a subject matter.  When I came out of school I knew my academics, but never had applied any of it to a real world problem.  Your resume is not about what you have learned in the past, it is all about demonstrating what you are capable of learning.  If you can show that you are intelligent and a go-getter from your resume, you will do fine no matter what you studied.  Best of luck!"}
{"_id": "451438", "title": "", "text": "Have seen analysis that at least one state won't be able to repay their obligations using reasonable assumptions, I'm sure it applies to more.  A lot of greed went into securitizing those payments the way they did."}
{"_id": "451443", "title": "", "text": "No. $188.23 has $11.76 tax = $199.99 $188.24 has $11.77 tax - $200.01 So, unless the based price contained the half cent for $188.235, the register would never show $200.00 even. How does the receipt to customer look?"}
{"_id": "451453", "title": "", "text": "\"A retail revolving account is essentially a credit card offered by a store (or chain of stores) and usable only at that store. In my area, the Sears department store's \"\"Sears card\"\" would be a good example. Stores offer these to capture a bit more profit from the transaction. They don't have to pay someone else's processing fees, and they get to keep any interest you pay. Of course they also accept the costs that go along with retail lending. It operates just like any other revolving-credit card. Read the fine print of the agreement to see what the grace period is, if any, and what APR they're charging after that. These cards also serve as a marketing tool. Some stores don't accept any other card. Some can do \"\"instant approvals\"\" to encourage you to make a large purchase now rather than continuing to shop around. Some may offer special deals only if you use their card -- I paid 0% interest for a year on my refrigerator, which was convenient for me. And so on. Gasoline stations also used to offer their own cards... though these days it's common for them to offer a branded version of one of the major credit cards instead.\""}
{"_id": "451457", "title": "", "text": "\"A major thing to consider when deciding whether to invest or pay off debt is cash flow. Specifically, how each choice affects your cash flow, and how your cash flow is affected by various events. Simply enough, your cash flow is the amount of money that passes through your finances during a given period (often a month or a year). Some of this is necessary payments, like staying current on loans, rent, etc., while other parts are not necessary, such as eating out. For example, you currently have $5,500 debt at 3% and another $2,500 at 5%. This means that every month, your cashflow effect of these loans is ($5,500 * 3% / 12) + ($2,500 * 5% / 12) = $24 interest (before any applicable tax effects), plus any required payments toward the principal which you don't state. To have the $8,000 paid off in 30 years, you'd be paying another $33 toward the principal, for a total of about $60 per month before tax effects in your case. If you take the full $7,000 you have available and use it to pay off the debt starting with the higher-interest loan, then your situation changes such that you now: Assuming that the repayment timeline remains the same, the cashflow effect of the above becomes $1,000 * 3% / 12 = $2.50/month interest plus $2.78/month toward the principal, again before tax effects. In one fell swoop, you just reduced your monthly payment from $60 to $5.25. Per year, this means $720 to $63, so on the $7,000 \"\"invested\"\" in repayment you get $657 in return every year for a 9.4% annual return on investment. It will take you about 11 years to use only this money to save another $7,000, as opposed to the 30 years original repayment schedule. If the extra payment goes toward knocking time off the existing repayment schedule but keeping the amount paid toward the principal per month the same, you are now paying $33 toward the principal plus $2.50 interest against the $1,000 loan, which means by paying $35.50/month you will be debt free in 30 months: two and a half years, instead of 30 years, an effective 92% reduction in repayment time. You immediately have another about $25/month in your budget, and in two and a half years you will have $60 per month that you wouldn't have if you stuck with the original repayment schedule. If instead the total amount paid remains the same, you are then paying about $57.50/month toward the principal and will be debt free in less than a year and a half. Not too shabby, if you ask me. Also, don't forget that this is a known, guaranteed return in that you know what you would be paying in interest if you didn't do this, and you know what you will be paying in interest if you do this. Even if the interest rate is variable, you can calculate this to a reasonable degree of certainty. The difference between those two is your return on investment. Compare this to the fact that while an investment in the S&P might have similar returns over long periods of time, the stock market is much more volatile in the shorter term (as the past two decades have so eloquently demonstrated). It doesn't do you much good if an investment returns 10% per year over 30 years, if when you need the money it's down 30% because you bought at a local peak and have held the investment for only a year. Also consider if you go back to school, are you going to feel better about a $5.25/month payment or a $60/month payment? (Even if the payments on old debt are deferred while you are studying, you will still have to pay the money, and it will likely be accruing interest in the meantime.) Now, I really don't advocate emptying your savings account entirely the way I did in the example above. Stuff happens all the time, and some stuff that happens costs money. Instead, you should be keeping some of that money easily available in a liquid, non-volatile form (which basically means a savings account without withdrawal penalties or a money market fund, not the stock market). How much depends on your necessary expenses; a buffer of three months' worth of expenses is an often recommended starting point for an emergency fund. The above should however help you evaluate how much to keep, how much to invest and how much to use to pay off loans early, respectively.\""}
{"_id": "451476", "title": "", "text": "I think people are worried that this woman is going to become the sole scapegoat for the whole fiasco and the rest of the Equifax leadership is going to walk away scot-free. The CEO won't face any penalties for selling his shares after the incident, the board won't be held to task for waiting six weeks to reveal the hack, and any legislation that could prevent such incidents from occurring again will be nipped in the bud."}
{"_id": "451492", "title": "", "text": "If you truly believe your idea is viable, I'd reccommend against going to kickstarter for funding.  There are people who make a living by beating kickstarters to market (see the article I linked below).  Think about it; you'll have to wait 30 days, employ a developer, then wait for your app to be developed.  If you launch on kickstarter, more talented and organized competition will start making competitors once your project gains traction.  I'm not entirely sure that a software patent can protect you from this.  If you believe in your idea and can adequately explain your vision I'd suggest you pitch it to investors or people you know who may be willing to invest and develop it away from the public eye.  Apps don't really have a great track record on kickstarter anyways, and you do need a working orototype IIRC"}
{"_id": "451497", "title": "", "text": "the difference is whose money is being invested. when you deposit money in a bank, it is FDIC insured and capital requirements are set to ensure the preservation of your deposits. if the bank wants to make huge derivative bets, with leverage inherent in the instrument or provided by another bank, deposits are involved in the equation."}
{"_id": "451501", "title": "", "text": "Is my financial status OK? If not, how can I improve it? I'm going to concentrate on this question, particularly the first half.   Net income $4500 per month (I'm taking this to be after taxes; correct me if wrong).  Rent is $1600 and other expenses are up to $800.  So let's call that $2500.  That leaves you $2000 a month, which is $24,000 a year.   You can contribute up to $18,000 a year to a 401k and if you want to maintain your income in retirement, you probably should.  The average social security payment now is under $1200.  You have an above average income but not a maximum income.  So let's set that at $1500.  You need an additional income stream of $900 a month in retirement plus enough to cover taxes.  Another $5500 for an IRA (probably a Roth).  That's $23,500.  That leaves you $500 a year of reliable savings for other purposes.  Another $5500 for an IRA (probably a Roth).  That's $23,500.  That leaves you $500 a year of reliable savings for other purposes.   You are basically even.  Your income is just about what you need to cover expenses and retirement.  You could cover a monthly mortgage payment of $1600 and have a $100,000 down payment.  That probably gets you around a $350,000 house, although check property taxes.  They have to come out of the $1600 a month.  That doesn't seem like a lot for a Bay area house even if it would buy a mansion in rural Mississippi.  Perhaps think condo instead.   Try to keep at least $15,000 to $27,000 as emergency savings.  If you lose your job or get stuck with a required expense (e.g. a major house repair), you'll need that money.   You don't have enough income to support a car unless it saves you money somewhere.  $500 a year is probably not going to cover insurance, parking, gas, and maintenance.   It's possible that you could tighten up your expenses, but in my experience, people are more likely to underestimate their expenses than overestimate.  That's why I'm saying $2500 (a little above the high end) rather than $2000 (your low end estimate).  If things are stable, wait a year and evaluate.  Track your actual spending.  Ask yourself if you made any large purchases.  Your budget should include an appliance (TV, refrigerator, washer/dryer, etc.) a year.  If you're not paying for that now (included in rent?), then you need to allow for it in your ownership budget.   I do not consider an ESPP to be a reliable investment vehicle.  Consider the Enron possibility.  You wake up one day and find out that there is no actual money.  Your stock is now worthless.  A diversified portfolio can survive this.  If you lose your job and your investment, you'll be stuck with just your savings.  Hopefully you didn't just tie them up in a house that you might have to sell to take your next job in a different location.  An ESPP might work as savings for the house.  If something goes wrong, don't buy the house.  But it's not retirement or emergency savings.   I would say that you are OK but could be better.  Get your retirement savings started.  That does two things.  One, it gives you money for retirement.  Two, it keeps you from having extra money now when it is easy to develop expensive habits.  An abrupt drop from $4500 in spending to $1200 will hurt.  A smooth transition from $2500 to $2500 is what you would like to see.  You are behind now, but you have the opportunity to catch up for a few years.   Work out how much you'll get from Social Security and how much you need to cover your typical expenses with the occasional emergency.  Expect high health care costs in retirement.  Medicare covers a lot but not everything, and health care is only getting more expensive.  Don't forget to assume higher taxes in the future to help cover that expense and the existing debt.  After a few years of catch up contributions, work out your long term plan assuming a reasonable real (after inflation) rate of return.  If you can reduce the $23,500 in retirement contributions then, that's OK.  But be pessimistic.  Most people overestimate good things and underestimate bad things.  It's much better to have extra than not enough.   A 401k comes with an administrator and your choice of mutual funds.  Try for diversification.  Some money in bonds (25% to 30%).  The remainder in stocks.  Look for index funds.  Try for a mix of value and growth, as they'll do better at different times.  As you approach retirement, you can convert some of that into shorter term, lower yield investments.  The rough rule of thumb is to have two to five years of withdrawals in short term investments like money market funds.  But that's more than twenty years off.   You have more choices with an IRA.  In particular, you can choose your own administrator.  But I'd keep the same stock/bond mix and stick to index funds if you're not interested in researching the more complex options.  You may want to invest your IRA in a growth fund and your 401k in value funds and bonds.  Then balance the stock/bond mix across both.   When you invest each year, look at the underrepresented funds and add the most to them.  So if bonds had a bad year and didn't keep pace, invest in bonds.  They're probably cheap.  You don't want to rebalance frequently, but once a year might be a good pace.  That's about how often you should invest in an IRA, so that can be a good time.   I'll let the others answer on the financial advisor part."}
{"_id": "451502", "title": "", "text": "Group home riches help to initiate a noble cause with a proper guidance as regards to How to start a Halfway home? It basically instills the knowledge of a social responsibility in a profit-making way. Group home riches teach the ways to acquire freedom emotionally, spiritually and last but not the least financially by helping others."}
{"_id": "451516", "title": "", "text": "Years ago, I just stopped watching TV with all the bullshit.  At best, I'll DVR something and just skip the bullshit.  The household is much nicer without some braindead racket always spouting off.  As far as I can tell, Television's tactics are just driving the tech savvy to get content via the internet in one fashion or another."}
{"_id": "451558", "title": "", "text": "There is something special that binds workers together, and too few of us recognize it. We work. Every man for himself? If only that were true. Capital is very well-organized and working collectively for its best interests, and you can bet your ass they look out for each other. And it's better for them if they keep the rest of us divided and hating on the people slightly worse-off than we are."}
{"_id": "451580", "title": "", "text": "The short Answer is NO, HMRC do not like disguised employment which is what this is as you fall under IR35 you can bill them via an umbrella company and you should be charging the contractor rate not a permie rate.  http://www.contractoruk.com/"}
{"_id": "451588", "title": "", "text": "You don't get any tax benefit.   When you are helping a relative or a friend in such situations the income is just gone.   The only way to get around this is if you contribute to a charity, and they give it to your mom.  You can then deduct the contributions to that charity.  However, the IRS has cracked down on such situations and it probably is not worth pursuing.  By the recent tax rules, that charity can use those contributions in which every way they choose, they cannot guarantee they go to your mom. Given that you are closed to your allowed exclusion (14K for 2017), I would work to keep your number under that.  If you are married, you each get that exclusion so you can give up to 28K.   I can't really speak to the reduction of benefits part as I am knowledgeable and more details on the type of transfer payments she receives would be germane to the discussion."}
{"_id": "451598", "title": "", "text": "The simple answer is that whatever strategy is implemented with e-series, could be implemented at a lower cost with ETFs."}
{"_id": "451613", "title": "", "text": "Having stock options means that you have worked for and rightfully earned a part of the company's capital appreciation. Takeover of the company would indicate someone is interested in the company (something should be valuable). It would be unwise to not strike before the period lapses since the strike price is always lower than market price and takeovers generally increases stock values ... it is capital gains all the way my friend. Good luck. *observations not in professional capacity. pls consult a professional for investment related advice."}
{"_id": "451622", "title": "", "text": "I wonder if any successful artificial intelligence project will ultimately need to make shortcuts that lead to the same flaws as human intelligence? (If I might pretend greater knowledge of the human mind than I have - this means: tendency to be correct to a certain level of precision rather than completely correct, to fudge, to round edges, to go by guidelines rather than rules.)"}
{"_id": "451643", "title": "", "text": "Indeed, I've read that financial shenanigans account for over 40% of all wealth generated now, with the vast majority going to the already wealthy.  So, basically, financial gaming of the system, which creates nothing except for massive wealth inequity, is on its way to becoming the top generator of wealth in out country."}
{"_id": "451671", "title": "", "text": "It's not really like im am going to lose my money unless I was doing penny stocks. And throwing away that much for a vacation when student debt will probally exist in my life later on appears not wise."}
{"_id": "451677", "title": "", "text": "Pear Plaza Building l\u00e0 T\u00f2a nh\u00e0 v\u0103n ph\u00f2ng cho thu\u00ea \u0111\u01b0\u01a1\u0323c thi\u00ea\u0301t k\u00ea\u0301 v\u01a1\u0301i di\u00ea\u0323n ti\u0301ch sa\u0300n va\u0300 b\u01b0\u01a1\u0301c c\u00f4\u0323t l\u01a1\u0301n, kh\u00f4ng gian v\u0103n pho\u0300ng ta\u0323i Pearl Plaza co\u0301 kha\u0309 n\u0103ng b\u00f4\u0301 tri\u0301 linh hoa\u0323t ca\u0301c m\u0103\u0323t b\u0103\u0300ng la\u0300m vi\u00ea\u0323c va\u0300 t\u00e2\u0323n du\u0323ng t\u00f4\u0301i \u0111a ca\u0301c di\u00ea\u0323n ti\u0301ch s\u01b0\u0309 du\u0323ng \u0111em la\u0323i hi\u00ea\u0323u qua\u0309 kinh t\u1ebf cao. Gia\u0309i pha\u0301p thi\u00ea\u0301t k\u00ea\u0301 ti\u00ea\u0301t ki\u00ea\u0323m n\u0103ng l\u01b0\u01a1\u0323ng va\u0300 h\u01b0\u01a1\u0301ng \u0111\u00ea\u0301n mu\u0323c ti\u00eau c\u00f4ng tri\u0300nh xanh la\u0300 \u0111i\u0323nh h\u01b0\u01a1\u0301ng thi\u00ea\u0301t k\u00ea\u0301 chu\u0309 \u0111a\u0323o cu\u0309a kh\u00f4\u0301i v\u0103n pho\u0300ng t\u1ea1i Pear Plaza Building, m\u0103\u0323t ti\u00ea\u0300n \u0111\u01b0\u01a1\u0323c ti\u00ea\u0301t gia\u0309m ca\u0301c m\u0103\u0323t ki\u0301nh nh\u0103\u0300m gia\u0309m l\u01b0\u01a1\u0323ng b\u01b0\u0301c xa\u0323 m\u0103\u0323t tr\u01a1\u0300i nh\u01b0ng v\u00e2\u0303n duy tri\u0300 s\u01b0\u0323 c\u00e2n b\u0103\u0300ng chi\u00ea\u0301u sa\u0301ng va\u0300 th\u00f4ng thoa\u0301ng t\u01b0\u0323 nhi\u00ean, \u0111em l\u1ea1i kh\u00f4ng gian l\u00e0m vi\u1ec7c n\u0103ng \u0111\u1ed9ng v\u00e0 th\u1ecbnh v\u01b0\u1ee3ng."}
{"_id": "451679", "title": "", "text": "One of these things is not like the other, one of these things just isn't the same...  &gt;We watch TV and movie content on 4 different screens, depending on which is convenient (***TV, laptops, phones, iPad***)  Three of these are a class. One of these is an instance. We do not group classes with instances."}
{"_id": "451688", "title": "", "text": "The idea here is to get an idea of how to value each business and thus normalize how highly prized is each dollar that a company makes.  While some companies may make millions and others make billions, how does one put these in proper context?  One way is to consider a dollar in earnings for the company.  How does a dollar in earnings for Google compare to a dollar for Coca-cola for example?  Some companies may be valued much higher than others and this is a way to see that as share price alone can be rather misleading since some companies can have millions of shares outstanding and split the shares to keep the share price in a certain range. Thus the idea isn't that an investor is paying for a dollar of earnings but rather how is that perceived as some companies may not have earnings and yet still be traded as start-ups and other companies may be running at a loss and thus the P/E isn't even meaningful in this case. Assuming everything but the P/E is the same, the lower P/E would represent a greater value in a sense, yes.  However, earnings growth rate can account for higher P/Es for some companies as if a company is expected to grow at 40% for a few years it may have a higher P/E than a company growing earnings at 5% for example."}
{"_id": "451692", "title": "", "text": "I can't immediately think of a reason to keep your paycheck and spending account separate, unless it be because you want to keep your savings in a money market or savings account and you deposit your paycheck into a checking account. However, I do have one reason from my experience to keep the bulk of your savings away from accounts that you transfer stuff out of.  I used to keep all my cash savings in an account from which I transferred money into my brokerage account (my paycheck was also deposited there).  A couple of years back a state that I haven't lived in since I was a child took $40,000 out of my account.  The broker mistakenly told the state I lived there and the state made some mistakes about how much tax I would owe.  Without either one telling me, the state helped themselves to my checking account to cover the bill.  When I called, both acknowledged that they were wrong, but it still took a long time (many months) and lots of letters and threats (I was close to paying a lawyer) before they returned my money.  It was worse because this was my savings for a down payment on a home and having it taken and not returned affected my ability to buy the house I wanted. If I hadn't had my money in that account, they would have tried to garnish my wages, and would have immediately stopped their attempt once they found out they were in the wrong. Now I keep cash savings in an account that I never pay taxes out of and do not use to transfer money directly to any broker or anyone who might give my account number to an inept government."}
{"_id": "451711", "title": "", "text": "\"&gt; I'm not sure how to answer that. It's all just speculation. The competition is waiting for the first big mover to do just what TSLA is going.. being the first mover, then coming in and wiping the floor with them.  It's very funny that you call an analysis of the *current* state of the industry speculation, and then go on to talk about something you think is going to happen...which, by the way, has had six years to happen and hasn't yet.  Also, it's as if you don't think first mover advantage exists.  Six years is a long time to build up a lead, especially in automotive, where product cycles and development times are so long.  &gt;If you want to argue that all of the last 30 years of free markets and the value of specialization is wrong, go ahead.  Honestly, look up the words \"\"vertical integration\"\" before continuing the conversation.  And the word \"\"Panasonic\"\" as well.  &gt;They are committing massive capital to old technology. That's a loser play, but it will help the industry as a whole and those that are going to come in with the next generation of batteries while TSLA is stuck with massive capital in lithium ion.  But wait, I thought you said they were wrong because \"\"ACTUAL BATTERY COMPANIES\"\" aren't involved?  And that ACTUAL BATTERY COMPANIES know better than them?  But I guess the ACTUAL BATTERY COMPANIES don't actually know anything, and they should listen to an idiot on the internet who has so far proven himself to be wrong about everything he's said?  &gt;It seems Panasonic is not as optimistic about the plant as you are.  Well, again, if you listened to the call, which is a pretty basic first step to talking about the quarterly results, which for some reason you insist on continuing to do despite being completely ignorant of them, then you might not be saying such stupid things.  Panasonic, you see, is a rather conservative Japanese company.  This is even mentioned in your article when they talk about plasma displays.  This is why they are always measured in their public statements, because that's what Japanese companies do.  But, as specified in the call, Panasonic's actions as a partner to Tesla have always been excellent.  And if you actually bothered to read your own article, you would see that they've committed to 2 billion cells and 200-300 million for the factory.  You know, an ACTUAL BATTERY COMPANY.  And if you actually bothered to read any *other* article, you would see that that very same quote of yours was followed up with \"\"However, Tesla is a very important partner to us and discussions are continuing. We need to look very carefully at auto demand and respond appropriately so of course that means taking a step-by-step approach to investment.\"\"  Also, there have been rumors of talks with LG and Samsung should Panasonic not decide to partner.  I'm not sure I believe the rumors, and also I think they're unnecessary, because Panasonic will be a full partner in the gigafactory.  They know that Tesla has been a huge source of profit for them, and their automotive supply (i.e. Tesla) has been one of the best-performing parts of their company for some time now.  Mark my words, Panasonic's investment will end up being approximately $1 billion, all told.  You can come back in a few years and check, if you like.  &gt;To keep the sucks putting up money.  You mean, like an ACTUAL BATTERY COMPANY?  The ones putting up the money?  So, since your point was so reliant on ACTUAL BATTERY COMPANIES having expertise and specialization and so on, does that mean you're now dropping that point, because you realized your bullshit wouldn't fly, and moving on to another sort of bullshit until one of them sticks?  Because if you'd like to fix your ignorance, I can help you with that.  But if you wouldn't, as seems to be the case, it seems somewhat like a waste of time to continue trying to explain basic concepts to you.\""}
{"_id": "451721", "title": "", "text": "Did I ever say that? You are putting words in my mouth. There have been many cases of supposed contamination from fracking. None yet *confirmed*. That's all I'm saying, it's all I have ever said, and you posted a title that is *probably* not correct."}
{"_id": "451723", "title": "", "text": "It may work with an individual selling things but not for a retailer.  Imagine the price of an iPhone increasing week on week and then stabilising. Again, this won't work for luxury/veblen goods.  How do we go about it? Focus groups, user surveys, test markets. Not second guessing the price. You will lose all customer loyalty, piss of the later buyers who paid more for it, you'll be seen as fickle and not trustworthy. One pricing, all people, all markets, all time."}
{"_id": "451729", "title": "", "text": "Open an account with a US discount online broker, or with a European broker with access to the US market.  I think ETRADE allow non-resident accounts, for instance, amongst others.  The brokerage will be about $10, and there is no annual fee.  (So you're ~1% down out of the gate, but that's not so much.)   Brokers may have a minimum transaction value but very few exchanges care about the number of shares anymore, and there is no per-share fee. As lecrank notes, putting all your savings into a single company is not prudent, but having a flutter with fun money on Apple is harmless. Paul is correct that dividend cheques may be a slight problem for non-residents.  Apple don't pay dividends so there's no problem in this specific case.  More generally your broker will give you a cash account into which the dividends can go. You may have to deal with US tax which is more of an annoyance than a cost."}
{"_id": "451734", "title": "", "text": "\"i hate to say it, and i will probably be downvoted to oblivion, but i don't think you can do anything.  i'm not an expert, so i might be wrong, but if greece (or any euro country, for that matters) decides to exit the euro, the currency will be dead within the week. that, from what i've read in various newspapers, will be an incredibly bad news for the european economy. which *will* collapse in a very short period of time. then the collapse would propagate (more or less slowly, more or less significantly) to other economies, especially china and US, possibly middle east, too.  at that point, you (well, we) have a major economic cataclysm. would it really matter if you had a tiny bit more money than your neighbour, if production stops, goods don't move that much anymore, and your country is generally in such a deep shit that the potato famine will look like a day in eurodisney?  i agree with what other people are saying: they will not allow the euro to fall. \"\"they\"\" sounds like hidden conspiracies, but even if european leaders have taught us that we can expect the worse from them (2 world wars in the last centuries are just the quicker reminder of their stupidity), there's the americans, the chineses, and so on.  i think the worst thing you, or anyone else in europe, can do is panicking and moving their money around. if the exchange rate with the euro is not fixed (and nothing is) you still have a chance to lose a significant amount of money in the short-medium run, in a worst case scenario.  chill. relax. if you're really desperate and think that things *will* go bad, try turning a hobby into another job, especially if you can do it online and can bring you a steady income eventually.  **TL; DR: if the world economy collapse, you will still lose money. live happy. chill.**\""}
{"_id": "451737", "title": "", "text": "\"Does your job give you access to \"\"confidential information\"\", such that you can only buy or sell shares in the company during certain windows?  Employees with access to company financial data, resource planning databases, or customer databases are often only allowed to trade in company securities (or derivatives thereof) during certain \"\"windows\"\" a few days after the company releases its quarterly earnings reports.  Even those windows can be cancelled if a major event is about to be announced.  These windows are designed to prevent the appearance of insider trading, which is a serious crime in the United States. Is there a minimum time that you would need to hold the stock, before you are allowed to sell it?  Do you have confidence that the stock would retain most of its value, long enough that your profits are long-term capital gains instead of short-term capital gains? What happens to your stock if you lose your job, retire, or go to another company? Does your company's stock price seem to be inflated by any of these factors: If any of these nine warning flags are the case, I would think carefully before investing. If I had a basic emergency fund set aside and none of the nine warning flags are present, or if I had a solid emergency fund and the company seemed likely to continue to justify its stock price for several years, I would seriously consider taking full advantage of the stock purchase plan.  I would not invest more money than I could afford to lose. At first, I would cash out my profits quickly (either as quickly as allowed, or as quickly as lets me minimize my capital gains taxes).  I would reinvest in more shares, until I could afford to buy as many shares as the company would allow me to buy at the discount. In the long-run, I would avoid having more than one-third of my net worth in any single investment.  (E.g., company stock, home equity, bonds in general, et cetera.)\""}
{"_id": "451755", "title": "", "text": "It is crazy.  The same guy (Madigan) has been in power since the EARLY 80's, and yet public opinion is split about 50/50 between whether he or governor Rauner who has been in power 2 years is to blame.       Politicians paid off unions through unfunded pensions to members to ensure support.   This has happened for decades, and has finally gotten to the point where the money ran out and the pensions are falling due.       Illinois and Chicago also regularly borrow for day to day government expenses (as opposed to infrastructure).  This means much of the debt being paid off today, paid for government expenditure decades ago in areas today's residents gain no benefit."}
{"_id": "451759", "title": "", "text": "First, I would agree with you that the Stock market is too high and risky now. I became extremely conservative with my investments in the last 3 months.  But that high stock market is an indicator about the expectations that the economy will do good (under Trump). If there was a projection that the economy is going to be harmed by Trump, there would be a big correction soon after the elections.  Remember: one wrong statement of even action from Trump, and the stock market crashes.  Whether Trump is responsible in the last 6 months to the improvement in the economy or not, do you see anything he does in regards to the economy (economy, not politics) that will hurt the economy?"}
{"_id": "451774", "title": "", "text": "It sounds like you're starting a fitness club. Consult your tax professional, but likely you will need to at a minimum report the $100 / year per member as income and pay taxes accordingly. Your friend is simply paying less per year if he introduces someone to your gym, so he should be fine since it is just an expense reimbursement. In addition, you should verify the laws in your area relating to fitness facilities, the required permits, etc."}
{"_id": "451782", "title": "", "text": "Investing in mutual funds, ETF, etc. won't build a large pool of money. Be an active investor if your nature aligns. For e.g. Invest in buying out a commercial space (on bank finance) like a office space and then rent it out. That would give you better return than a savings account. In few years time, you may be able to pay back your financing and then the total return is your net return. Look for options like this for a multiple growth in your worth."}
{"_id": "451794", "title": "", "text": "My former accountant, used to provide this service as part of him doing my taxes.  During the off season, he would provide a planning session and he would review strategies that I might look into.  Since he did not make any money off of providing investments, he was about as unbiased as one could be.  However, something like that might not be enough for you guys. You could go with someone online, Scottrade is going into the business of providing advice, as well as Charles Schwab or Fidelity, but you might need someone more personal. In that case, I would use my network.  Talk to people, ask who they use, like, and respect.  I would say it is very easy to find mediocre investment advisers, the good ones are hard. I would look for one that teaches.  It is very easy to tell someone what to do, much harder to teach them what is the right thing.   One thing that is easy about your situation:  Planning to buy a home.  Put money for a down payment in a high interest savings account.  What I mean by high interest, is they still pay almost nothing.  You can't really make a mistake.  If you find one with .5% instead of .85%, what is the real difference after 5 years?  About $180?"}
{"_id": "451803", "title": "", "text": "You'd probably have to sue them to get the money. In most cases those statements have disclaimers all over them telling you about the vesting period and technically that extra money was probably never really in your account.  Normally the statements also break out the actual contributions from the employer match part and have a footnote about the vesting policy. Unless the employer was completely incompetent in their management of this account, I am betting they will have documentation of the policy that you supposedly were given.  You probably have very slim chances of prevailing on this unless they were very lax in their documentation. I'd say re-check the statements and your employee manually carefully for any mention of vesting. If you don't find it, ask the employer (nicely) where you were notified of this. If they still can't produce any documentation, then sue them."}
{"_id": "451812", "title": "", "text": "\"In the United States, copyrights are [automatic](http://en.wikipedia.org/wiki/Copyright#Copyright_notices_in_the_United_States).  If you are the first to publish your name and logo, they're yours.  All done.  If you want to be official you can use the little \u00a9 and the year, but it is unnecessary.  If you want better protection, you can register for a trademark with the [United States Patent and Trademark Office](http://www.uspto.gov/trademarks/basics/).  There are probably \"\"sites\"\" that will help you do this, but I would get a real attorney if it's that important to you.\""}
{"_id": "451849", "title": "", "text": "\"The general answer is: \"\"it depends on how long you want to live there\"\". Here is a good calculator to figure it out: http://www.nytimes.com/interactive/business/buy-rent-calculator.html Basically, if you plan to move in a few years, then renting makes more sense.  It is a lot easier to move from an apartment when your lease is up versus selling a house, which can be subject to fluctuations in the real-estate market.  As an example, during the real estate bubble, a lot of \"\"young professional\"\" types bought condos and town homes instead of renting.  Now these people are married with kids, need to move somewhere bigger, but they can't get rid of their old place because they can't sell it for what they still owe.  If these people had rented for a few years, they would be in a better position financially.  (Many people fell for the mantra \"\"If you are renting, you are throwing your money away\"\", without looking at the long-term implications.) However, your question is a little unique, because you mentioned renting for the rest of your life, and putting the savings into an investment, which is a cool idea.  (Thinking outside the box, I like it.) I'm going to assume you mean \"\"rent the same place for many years\"\" versus \"\"moving around the country every few years\"\".  If you are staying in one place for a long time, I am going to say that buying a house is probably a better option.  Here's why: So what about investing?  Let's look at some numbers: So, based on the above, I say that buying a house is the way to go (as long as you plan to live in the same place for several years).  However, if you could find a better investment than the Dow, or if mortgage interest rates change drastically, things could tip in another direction. Addendum:  CrimsonX brought up a good point about the costs of owning a house (upkeep and property taxes), which I didn't mention above.  However, I don't think they change my answer.  If you rent, you are still paying those costs.  They are just hidden from you.  Your landlord pays the contractor or the tax man, and then you pay the landlord as part of your rent.\""}
{"_id": "451854", "title": "", "text": "\"The spin off and IPO were not to avoid conflicts of interest. They were to make money for the Consulting and non-Consulting partners.  A lot of spinoffs weren't friendly. For example, KPMG partners didn't want to break off into BearingPoint but were pushed out by more senior partners.  But in all these cases, the sale/spinoff of consulting arms made a lot of money for the partners (usually more for the non-consulting partners).  edit: also Accenture can't really be considered \"\"Big4\"\" anymore and doesn't really compete with the Big4 consulting groups as they are a different kind of consulting company. Accenture is more in the lines of IBM, Dell, etc since they don't have the whole \"\"get rich as a partner scheme\"\" going for them like all the private Big4s.\""}
{"_id": "451855", "title": "", "text": "It says expense ratio of 0.14%. What does it mean? Essentially it means that they will take 0.14% of your money, regardless of the performance. This measures how much money the fund spends out of its assets on the regular management expenses. How much taxes will I be subject to This depends on your personal situation, not much to do with the fund (though investment/rebalancing policies may affect the taxable distributions). If you hold it in your IRA - there will be no taxes at all. However, some funds do have measures of non-taxable distributions vs dividends vs. capital gains. Not all the funds do that, and these are very rough estimates anyway. What is considered to be a reasonable expense ratio? That depends greatly on the investment policy. For passive index funds, 0.05-0.5% is a reasonable range, while for actively managed funds it can go up as much as 2% and higher. You need to compare to other funds with similar investment policies to see where your fund stands."}
{"_id": "451858", "title": "", "text": "Let me first start by defining an emergency fund. This is money which is: Because emergency's usually need to be deal with ASAP, boiler breaks, gears box in a car. Generally you need these to be solved as soon as possible, because ou depend on these things working and you can't budget for this type of expenditure using just your monthly salary. This is a personal opinion but I prefer investment types that don't have another fee on access. I really don't like having another fee on top on money that I need right now. Investment Options: Market based investments should be seen as long term investments, therefore they do not really satisfy requirement one, they can also have broker fees, therefore you might pay a small extra charge for taking money out, and so do not satisfy requirement two. Investment Options for Emergency Funds You want to get the best return on your money even if it's your emergency fund. So use regular saving accounts, but from you emergency fund or use tax effective savings accounts, like a cash ISA if based in the UK. Don't think of an emergency money as just sitting there, you have options just makes sure the options fit the requirements. UPDATE Given feedback I appreciate there are levels of emergency fund, the above details things which might be about 1-2 month salary in cost, car repairs, leaks, boiler repairs. Now I have another fund which is in P2P funds which is higher risk than a deposit account but then gives me a better return and is less subject to market fluctuations and it would be the place I go to for loss of job level emergencies say 6 months of salary, this takes a bit longer to access but given I have the above emergency fund I have given myself time to get the money from the P2P account."}
{"_id": "451860", "title": "", "text": "I think it's a little too early to be attributing job losses/hour losses/*potential* job or hour losses to the wage hikes thus far. For one thing, there are other factors at work in the economy than just the hourly wage hikes. For another, these hikes JUST happened over the past 2-3 years. Wait until 2021 for the minimum wage to hit its target, and even then wait a couple years to gather data while it's at $15.   Even in the article it looks like Berkeley and UW can't agree on their models and data. It sounds like it's all just mixed messages right now."}
{"_id": "451878", "title": "", "text": "\"Do not be worried.  Read \"\"The Millionaire Next Door\"\" -it's dated, but the fundamentals are precisely correct.  Blue-collar entrepreneurship is the gateway to prosperity.  Gratian wrote that knowledge and the will to act are the two elements of greatness. Each man is only as much as he knows, but that knowledge without the will to act upon it is sterile and impotent.  Intellectualism is **not** being sidelined.  We -meaning the Market, really- are simply demanding that the intellect apply itself.\""}
{"_id": "451879", "title": "", "text": "\"mhoran_psprep has answered the question well about \"\"shorting\"\" e.g. making a profit if the stock price goes down. However a CEO can take out insurance (called hedging) against the stock price going down in relation to stocks they already own in some cases.    But is must be disclosed in public filings etc. This may be done for example if most of the CEO\u2019s money is in the stock of the company and they can\u2019t sell for tax reasons.    Normally it would only be done for part of the CEO\u2019s holding.\""}
{"_id": "451884", "title": "", "text": "\"AFAIK, It's also possible that the ETF company is paying Ameritrade for every trade you make. Even if your brokerage doesn't make you pay a fee to trade ETFs, the company that created and runs the ETF is still making money when you purchase and use their ETFs. See \"\"What motivates each player?\"\" at Yahoo Finance.\""}
{"_id": "451886", "title": "", "text": "\"Maybe the source is too biased. From Wikipedia: The Weekly Standard is an American neoconservative opinion magazine published 48 times per year. (...) Currently edited by founder William Kristol and Fred Barnes, the Standard has been described as a \"\"redoubt of neoconservatism\"\" and as \"\"the neo-con bible\"\".  Any other source on the story?\""}
{"_id": "451897", "title": "", "text": "\"Retail purchases are purchases made at retail, i.e.: as a consumer/individual customer. That would include any \"\"standard\"\" individual expenditure, but may exclude wholesale sales or purchases from merchants who identify themselves as service providers to businesses. Specifics of these limitations really depend on your card issuer, and you should inquire with the customer service at what are their specific eligibility requirements. As an example, here in the US many cards give high cash-back for gasoline purchases, but only at \"\"retail\"\" locations. That excludes wholesale/club sellers like Costco, for example.\""}
{"_id": "451898", "title": "", "text": "\"Discussing individual stocks is discouraged here, so I'll make my answer somewhat generic. Keep in mind, some companies go public in a way that takes the shares that are held by the investment VCs (venture capitalists) and cashes them out of their positions, i.e. most if not all shares are made public. In that case, the day after IPO, the original investors have their money, and, short of the risk of being sued for fraud, could not care less what the stock does.  Other companies float a small portion up front, and retain the rest. This is a way of creating a market and valuing the company, but not floating so many shares the market has trouble absorbing it. This stock has a \"\"Shares Outstanding\"\" of 2.74B but has only floated 757.21M. The nearly 2 billion shares held by the original investors certainly impact their wallets with how this IPO went.  See the key statistics for the details.\""}
{"_id": "451899", "title": "", "text": "Leave your money at home?  I don't carry cash therefore if I make a purchase I make it on plastic and have to explain myself to my spouse.  It isn't that either of us is particularly brutal about it, but we have agreed that neither of us wants to waste money we don't have.   The downside to my plan is that the guilt comes later, after the damage is done."}
{"_id": "451912", "title": "", "text": "That's absolutely what will happen. Computers are far safer behind the wheel than people. We're distractible. We drink. We talk on the phone. We speed. We get sleepy. We don't leave enough space between us and the car in front of us. We pull out into the intersection and get stuck there by traffic so the cross traffic can't move. The list goes on and on. Driverless cars are going to change the world. That's what I'm investing in."}
{"_id": "451923", "title": "", "text": "It is my understanding that banks pay less than the going rate on savings accounts and require that the person who takes out a loan pay more than the going rate. That is how the bank gets its money.  Usually the going rate is affected by the current inflation rate (but that has not been true for the last few weeks). So that means that, typically, the money you have in the bank is, gradually, losing purchasing power as the bank typically pays you less than the inflation rate.  So if you want your money to keep pace with inflation (or do a bit better) then you should buy bonds."}
{"_id": "451926", "title": "", "text": "I don't intend to live in the UK again If you don't intend to live in the UK again, my advise would be to move this back to Germany in EUR in the near future. Generally taking Fx [Currency] risk is not advisable unless the portfolio is large. I don't need the money in the short term As you don't need the money immediately, you can afford to wait and watch a bit. Whether the rate will be more favourable or worse can't be predicated with certainty. So you can wait for few weeks / months and pick up a week when it is slightly favourable and convert them into EUR."}
{"_id": "451929", "title": "", "text": "\"There's a couple of considerations here.   Firstly, would this activity count as \"\"trading\"\". If you're trading you are legally required to register as self-employed.  The line between a hobby activity and trading can be blurred but a key feature is whether you're aiming to make a profit (whether you manage it or not!). Secondly are you actually making any money?  Even if what you're doing counts as self-employment, self-employed people pay tax on the profits they make from their activities, not on the total amount of money they take in.  If you spend all the money you take in on keeping the server running then you're not making any profit so there's nothing to pay tax on.\""}
{"_id": "451935", "title": "", "text": "\"When you say \"\"set aside,\"\" you mean you saved to pay the tax due in April? That's underpaying. It's a rare exception the IRS makes for this penalty, hopefully it wasn't too large, and you now know how much to withhold through payroll deductions.  Problem is, this wasn't unusual, it was an oversight. You have no legitimate grounds to dispute. Sorry.\""}
{"_id": "451936", "title": "", "text": "This just shows how rediculous a one size fits all requirement on wages is...   15 an hour is enough to get you a 2-bed apartment in most states (well above minimum in my opinion)...   While other states you're nowhere close...   Why should the cost of living in Seattle hold merit to the wages in Bumfukt Kentucky?"}
{"_id": "451969", "title": "", "text": "As long as someone is willing to take it, you can write it!  I personally wrote a check for a new car.   The dealership didn't bat an eye."}
{"_id": "451985", "title": "", "text": "Over the last ten years you have reaped the benefits of a good financial decision. (Presumably your low mortgage has freed up money for other financial priorities.) There would be no harm in making a clean break by selling as is.  On the other hand, the resale value would probably be rather low considering the condition and the neighborhood. I don't want to assume too much here, but if a potential buyer is interested in the house by virtue of not being able to afford a house in a better neighborhood or better condition, their finances and credit history may make it difficult for them to be approved for a mortgage. That would reduce the potential buyer pool and further reduce the sale price. If you can pull more in rent than the mortgage, you definitely have an opportunity to come ahead. Maybe window A/C units and a repaired chimney are enough if you're renting. Your rental income would pay for that in less than a year even while paying your mortgage for you. (Of course you don't want to become a sleazy slumlord either.)"}
{"_id": "451993", "title": "", "text": "Why the hell is health care still tied to employment?  Does anyone really think that is a reasonable function of business?  All this does is make hiring human workers less attractive.    Guess what.  Thanks to automation and outsourcing business owners increasingly have the choice to do without the hassle of hiring people, especially poor, unskilled people these sorts of 19th century programs are designed to help.  My heart goes out to those these sorts of short-sighted programs hurt the most (the poor), but blaming businesses for the mess is misdirected in the extreme.  Maybe you think that business is evil, but in this case it is clearly and unquestionably the system created by the regulatory environment that has created the undesired outcome.  The thing to always remember and keep in mind is the fact that businesses first and formost provide goods and services at the highest quality and lowest cost possible. Making labor more expensive means that businesses will do everything possible to use as little of it as possible when creating their good/service.  If you want socialized health-care then fine, advocate for the government providing this service directly.  Attempting to get 'health-care for free' by mandating businesses pay for it is simply a wrong-headed way to go about it that guarantees less employment **and** less health-care for the poor."}
{"_id": "452017", "title": "", "text": "Some times you need to go through a stage of suffering before we see the long term benefit. Ideally these beautiful animals shouldn't ever had been bred for a life in captivity.   I'm not completely innocent. I've visited zoos in my life, but only those where the animals live a good life, have plenty of open space and are not distressed in any way.  The problem that SeaWorld have is that these animals are so large it would be next to impossible to build a tank that resembles anything close to what they would experience in the wild.  I'm not sure if these animals can be released into the wild now and would presume they lack the many skills needed to survive; but what one can hope for is for their breeding program to come to an end if customer numbers continue to dwindle."}
{"_id": "452055", "title": "", "text": "1.) Corporations are very lean. They can't cut any jobs because all the jobs they were able to cut have been cut. 2.) They pay the lowest wages possible without causing mass turnover. 3.) They have already added all the global customers who can still pay for their service or product.    But, they can still turn a profit if they invite illegals to do the work for 5 dollars an hour. So don't worry investors. There is still one more thing you can exploit."}
{"_id": "452069", "title": "", "text": "There's an interview with Andrew Lo on the WSJ that's worth a listen. One idea he touched on briefly is how the rise of index funds may be creating an investor monoculture. If this is the case, then he thinks it could lead to more market volatility. Interesting stuff.  http://www.wsj.com/podcasts/andrew-w-lo-talks-how-to-evolve-with-adaptive-markets/4B141ED2-23EA-409E-BFEE-96791EEB473E.html"}
{"_id": "452075", "title": "", "text": "Here is my perception of the situation, obtained from reading Degiro's Client Agreement. If Degiro shuts down, it will notify you about the fact at least one month in advance, and you will have enough time to order a transfer of your positions to a different broker. If Degiro shuts down unexpectedly, your assets will remain to be held at SPV, a separate legal entity which Degiro uses to hold the financial instruments belonging to the clients. Since SPV does nothing else but holding the assets, it is very unlikely that something bad will happen with it on its own. With some help from Degiro and/or the regulator (AFM) you should be able to transfer your assets from SPV to a different custodian and broker and thus regain control over them. If you have a non-Custody account, you have slightly higher chances of losing your assets, because Degiro can borrow your securities held at SPV. If both the client for whom Degiro borrowed a security and Degiro itself go bankrupt at the same time, the lent security will not be returned to SPV, there will arise a shortage, which will be proportionally distributed among the accounts of the clients holding this particular security. However, then the investor compensation scheme should kick in and help you recover up to 20000 EUR of your losses."}
{"_id": "452079", "title": "", "text": "Rocky is right on the money, +1 from me.  I will adjust the convince and money issue: You don't mention your country, but here in the US several companies make it very easy to rent.  For example, with a reservation National will allow you to pick any car you want.  Just walk up, jump in, and ride away.  Avis and Hertz will have your car ready, just find your name, go to your spot and jump in and go.  All the paperwork is done electronically in both cases. Enterprise will come and pick you up, at just about any location, bring you to the shop and allow you to do the paperwork there.  I am not sure if that paperwork can be done electronically, but perhaps it can.  They will do the same in reverse once the rental is over. The key here is budget.  You will save a lot of money by renting when needed over your peers that own a car.  However, you will need to plan to have the money each month.   I'd plan on having 50*2*4.*75 = 300 in a four weekend month, and 375 in a five weekend month.  Carry over any excess not spent to the subsequent months.  You will be well ahead of the game and not feel restricted in spending the money to rent."}
{"_id": "452097", "title": "", "text": "If it were me, I would create a website for him.  Take a look at all the other local plumber websites and identify the things they get right and wrong and then do or don't do those things, as appropriate.  My feeling is that when someone wants a plumber, they are often anxious and may be in a hurry, so the first thing you need to say on that site is something that is brief and reassuring. The text needs to be clear and easy to read - no white text on a black background, or text placed over a picture.  You also need to answer all the key questions they are likely to ask - how much, how soon, can I trust you to do the right thing, how much experience do you have?  Basically, you need to put yourself in the shoes of that anxious customer and say the things that will strike a chord with them - obviously, any promises he makes on the site he then has to deliver."}
{"_id": "452100", "title": "", "text": "All fair points.  I don't mean to say that Jamie Dimon is smart or responsible, and it is possible that he intends high personal taxes and low corporate taxes, although even high personal taxes would be a controversial view among today's conservative/business groups.  In my experience with senior corporate executives (and it is a LOT of experience), they are a lot like artists in that they tend to be highly skilled and knowledgeable within their domain, but they actually don't have a good sense of how politics works -- they may have studied psychology but not sociology, government, or history -- and so they subscribe to political views that are naive in the same way that their understanding of astrophysics is unsophisticated.  Only they don't pontificate about astrophysics and attempt to change the laws of physics, both of which they DO do with politics."}
{"_id": "452121", "title": "", "text": "One rule of thumb is that having regular activity on at least three different revolving accounts will improve your score: I agree that it may not be a great idea to have too many open credit accounts (Trade Lines) reporting on your credit report but if you don\u2019t have enough active accounts, it will  prevent you from being approved for a home mortgage. Both Conventional (Fannie Mae and Freddie Mac) mortgage loans and Government loans (such as FHA and VA) require that you have a minimum number of reporting trade lines that are active or have been active within the most recent 24 month period of time. An example of meeting the mortgage loan requirement is having a revolving account (credit card) that has been reporting activity for the past 24 months plus 2 other trade lines that have had activity reported for 12 months each, both within the past 24 months."}
{"_id": "452122", "title": "", "text": "More importantly, index funds are denominated in specific currencies. You can't buy or sell an index, so it can be dimensionless. Anything you actually do to track the index involves real amounts of real money."}
{"_id": "452126", "title": "", "text": "To expand on mhoran's answer - Once you mention the 401(k), we're compelled to ask (a) what is the match, if any, and (b) what are the expenses within the funds offered.  Depositing to get the full match is going to get you the biggest return on your money. It's common to get a dollar for dollar match on the first 5 or 6% of your income. If the fees are high, you stop at the match, and move to an IRA for the next money you wish to save.  At 22, I'd probably focus on the Roth. If you have access to a Roth 401(k), that's great, the match will be pre tax dollars and you'll get started with a decent tax status mix.  These accounts can form the core of your investing. Most people have little left over once their retirement accounts are fully funded. And yes, reading to understand stocks is great, but also to understand why stock indexing is the best choice for most investors."}
{"_id": "452133", "title": "", "text": "My brain seems to tune out ads now on TV even if I don't switch to another channel. I just feel so bored, and zone out like I'm in a boring class waiting for it to be over.  And when it comes to internet ads my automatic thoughts are malware.  The type of advertising that has been effective is word of mouth from those I perceive to be regular users."}
{"_id": "452143", "title": "", "text": "\"Now I say this with all due respect, and I mean with all due respect. You sound like a bitch. I've never witnessed someone take criticism so personally. For someone who claims to \"\"[not] really care what strangers on the internet think about [them]\"\", you seem to be doing an awful lot of caring.\""}
{"_id": "452147", "title": "", "text": "The founding fathers designed senators to be appointed by the state legislatures.  Instead we elect them and they vote for federal bills which commit state taxes to some federal issue.  They also designed a house where each representative was elected by 3,000 voters.  Now each represents 700,000 and spends all their time getting money from donars instead of representing people they actually spoke to when campaigning.  Maybe we need to go back to the way it was originally set up."}
{"_id": "452148", "title": "", "text": "I had a 2000 Chevy Cavalier until late 2011. It worked well, but was very definitely at the end of its life. This was a low-end car, certainly, but I dispute your claim that cars last 20 - 25 years. Consumer Reports apparently says the average life expectancy of a new vehicle is around 8 years or 150,000 miles. When it came time to replace my Cavalier, I was significantly concerned about car safety and about the ability to handle Canadian winters (-40 temperatures, lots of snow). I chose a Subaru Forester as a good match for me. I could have bought one second-hand, but I wasn't willing to get one as old as five years. Car manufacturers constantly improve safety and features over that time period. The Forester is massively more capable of handling Canadian winters than the Cavalier was. If I was buying a Forester now, I'd want the EyeSight Driver Assist System which Subaru added a couple of years after my model year. The newer models score slightly higher in crash tests, too. That would limit me to 2014 or later models, and I'd be concerned someone selling a 2014 or 2015 knew something I didn't, knew they had purchased a lemon. I didn't need financing for my vehicle. On the other hand, I could have invested the money I saved, so if all I wanted was something to get me from point A to point B, my choice does not make much financial sense. But Canadian winters are brutal and car safety is massively important to me. I'm well aware that I paid considerably for this, and I'm comfortable with my decision."}
{"_id": "452163", "title": "", "text": "It's great that vets have loans available to the that offer additional protections, but in a seller's market, which we are completely in, buyers should realize they need to make their offers as attractive as possible with as few barriers as possible. I recently put in an offer on a house, but was outbid by another offer to only have the seller come back a week later willing to accept my offer for 5K less because the other offer was a VA loan and they didn't want to deal with the hassle.  That being said, affordability aside, vets can get non-VA loans, so it's not like they have no options to make themselves more appealing to sellers."}
{"_id": "452166", "title": "", "text": "Pai's nomination very narrowly passed the Senate. If your senator was one of the 52 that voted in Pai's favor, start showing up at their town hall events and making this an issue they have to defend their stance on. Turn this into another thing that senators are running from their constituents on."}
{"_id": "452169", "title": "", "text": "\"Please clarify your question. What do you mean by \"\"..loan in Greece\"\"? If you are referring to taking a mortgage loan to purchase residential property in Greece, there are two factors to consider: If the loan originates from a Greek bank, then odds are likely that the bank will be nationalized by the government if Greece defaults. If the loan is external (i.e. from J.P. Morgan or some foreign bank), then the default will certainly affect any bank that trades/maintains Euros, but banks that are registered outside of Greece won't be nationalized. So what does nationalizing mean for your loan? You will still be expected to pay it according to the terms of the contract. I'd recommend against an adjustable rate contract since rates will certainly rise in a default situation. As for property, that's a different story. There have been reports of violence in Greece already, and if the country defaults, imposes austerity measures, etc, odds are there will be more violence that can harm your property. Furthermore, there is a remote possibility that the government can attempt to acquire your private property. Unlikely, but possible. You could sue in this scenario on property rights violations but things will be very messy from that point on. If Greece doesn't default but just exits the Euro Zone, the situation will be similar. The Drachma will be weak and confidence will be poor, and unrest is a likely outcome. These are not statements of facts but rather my opinion, because I cannot peek into the future. Nonetheless, I would advise against taking a mortgage for property in Greece at this point in time.\""}
{"_id": "452175", "title": "", "text": "\"TL;DR: Sure, \"\"do your own homework\"\" is sometimes a cop out. But that doesn't mean we shouldn't do our homework. I agree that in many cases this is a cop-out by commentators. However, even if you believe in perfect market efficiency, there is benefit in \"\"doing your homework\"\" for many reasons. One of which you already mention in the question: different stocks all with the same \"\"value\"\" might have widely ranging risk. Another factor that might vary between stocks is their tax consequences. High dividend stocks might be a better fit for some buyers than others. One stock might be priced at $40 because there is a small chance they might get regulatory approval for a new product. This might make this stock very risky with a 20% of being $150 in 12 months, and a 80% chance of being $20. Another stock might be priced at $40 because the company is a cash cow, declining in revenues but producing a large dividend of $0.40 per quarter. Low risk, but also with some potential tax disadvantages. Another stock might be priced at $40 because it's a high growth stock. This would be less risky than the first example, but more risky than the second example. And the risk would be more generalized, i.e. there wouldn't be one day or one event that would be make or break the stock. In short, even if we assume that the market is pricing everything perfectly, not all stocks are equal and not all stocks are equally appropriate to everyone. Sometimes when we hear an analyst say \"\"they should have done their homework\"\" they are really saying \"\"This was a high risk/high reward stock. They should have known that this had a potential downside.\"\" And that all assumes that we believe in 100% pure market efficiency. Which many disagree with, at least to some extent. For example, if we instead subscribe to Peter Lynch's theories about \"\"local knowledge\"\", we might believe that everyone has some personal fields of expertise where they know more than the experts. A professional stock analyst is going to follow many stocks and many not have technical experience in the field of the company. (This is especially true of small and mid cap stocks.) If you happen to be an expert in LED lighting, it is entirely feasible (at least to me) that you could be able to do a better job of \"\"doing homework\"\" on CREE than the analysts. Or if you use a specialized piece of software from a small vendor at work, and you know that the latest version stinks, then you will likely know more than the analyst does. I think it is somewhat akin to going to a doctor. We could say to ourselves \"\"the doctor is more knowledgeable about me than medicine, I'm just going to do what they tell me to do.\"\" And 99% of the time, that is the right thing to do. But if we do our \"\"homework\"\" anyway, and research the symptoms, diagnoses, and drugs ourselves as well, we can do get benefits. Sometimes we just can express our preferences amongst equal solutions. Sometimes we can ask smarter questions. And sometimes we have some piece of knowledge that the doctor doesn't have and can actually make an important discovery they didn't know. (And, just like investing, sometimes we can also have just enough knowledge to be dangerous and do ourselves harm if we go against the advice of the professionals.)\""}
{"_id": "452197", "title": "", "text": "My mortgage started out with an escrow, but it seemed like they were mismanaging it. They often over-collected it and locked up my money unnecessarily or under-collected and had to catch up later to pay the tax bill. Despite what Vitalik said, I told them I would pay my own taxes and insurance and to stop the escrow and they did without argument. Keep in mind, you should only do this if you are good about saving money. The banks know that many people aren't and will have trouble at the end of the year when a multi-thousand dollar tax or insurance bill comes due, hence the reason they try to get you to do the escrow.  In my case, I just had the estimated tax/escrow amount automatically deposited from my paycheck into a special interest bearing savings account that I manage."}
{"_id": "452211", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/society/2017/jun/02/the-strong-case-for-a-land-value-tax) reduced by 81%. (I'm a bot) ***** &gt; Several parties&amp;#039; manifestos gave land value tax a nod.  &gt; The advantages are that land cannot be placed tax-free in an overseas bank, taxing land forces into use the 600,000 plots of unused land owned by the big builders, it is progressive, it relieves the incomes of hardworking people and companies by enabling the abolition of inefficient taxes such as council tax, business rates and stamp duty.  &gt; Land nationalisation has a long history, relevant today when private profit from land has overwhelmed public interest.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gkcny/the_strong_case_for_a_land_value_tax_letters/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~141482 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **land**^#1 **housing**^#2 **tax**^#3 **need**^#4 **Such**^#5\""}
{"_id": "452213", "title": "", "text": "You're assuming a lot about specific forms the upload process would take. Those assumptions are **not** safe ones.  Consider for example the notion of an augmented mind that is given a presence in cyberspace... which wouldn't *stop* if the meat-brain died. Genuine *transfer* of continuity."}
{"_id": "452223", "title": "", "text": "\"nicodiangelo16.blogspot.com \u2014 Tired of falling for business opportunities and franchises that don't live up to their promises? Try our revealing reviews - unique forensic analyses that expose the good, the bad and the ugly This site is financed by you, instead of by biz opp ads and commission links You pay us to be unbiased - so we are \"\"It's the only unbiased info on the market that I've come across.\"\"Carl, Business Opportunity Watch member since 2005 Review of SHARON FUSSELL SOLD DISPATCH NOW GOLD Make money selling books on Amazon Canonbury Publishing Sharon Fussell Sold Dispatch Now Gold Review extract from: August 2009 BUSINESS OPPORTUNITY WATCH Issue No. 30 Buy the Sharon Fussell Sold Dispatch Now Gold Review for \u00a33 or Members Only Area - Free Trial - Read All Reviews Extract from review of Sold Dispatch Now Sharon Fussell: Sharon Fussell says that her Sold Dispatch Now Gold business \"\"is as simple as buying books for pennies from easy-to-find sources - and then reselling them on for huge profits\"\". She says you can make \u00a3200 to \u00a3300 every week with Sold Dispatch Now Gold and \"\"you can set it up in just 10 minutes!\"\", it's not hard work and you don't need computer experience. You don't need a lot of books either - according to Sharon Fussell, a stock of 500-600 books means that you can sell 25 per week and make \u00a36,000 a year. You just buy the books from easy-to-find sources (she tells you how) and list them for sale on Amazon. Sharon Fussell has been following the Sold Dispatch Now Gold system for three years and she now has a turnover of \u00a326,741 a year. She's given up her old day job. The Sold Dispatch Now Gold manual costs \u00a377 and it does come with a CD Rom demonstration of how Sharon Fussell operates her business and it includes her email support and a 28-day no-quibble money back guarantee. Is it really that easy to make \u00a3200 to \u00a3300 a week? We sent the company a number of questions\""}
{"_id": "452225", "title": "", "text": "Windows 10 is trash and is outclassed by Linux, OS X and Windows 7. Over two years after its release and it still has not eclipsed Windows 7, and it isn't even close.  Just because he replaced someone that the press loved to hate does not mean we should all get on our knees and start sucking Satya's dick."}
{"_id": "452226", "title": "", "text": "Jeepers . .its been a tough week huh?  People got really serious, with missiles flying and what not . . Hydrogen bombs in the Pacific  Well thank god its Friday and our orange baby can head off for a week end holiday so he can make sense of all the big boy words, can sink his head into a soft fluffy pillow to drown out the sobs as reality sinks in and the truth is exposed . . .nothing so cool as a Russian spy op . . just a simple shmeckle puppet  Melania . . .see if you can bring yourself to maybe give him a hug with out retching . . Kim was so mean to him I think he hurt his feelings and the Chinese just ran circles around him and Putin . . damn . .so cold . .he just ignored him all together  If all else fails Donald, grab a bottle of shampoo and put those little hands to work, maybe if there is some left and you can squeeze out a drop or two . . .the world wont look so hostile on Monday  I bet you wish you took the blue pill"}
{"_id": "452231", "title": "", "text": "Altough this may vary a lot depending on where you live and your actual finance, here what convinced me buying a home instead of renting : Other benefits :"}
{"_id": "452248", "title": "", "text": "It is a great advice.  I would suggest going to the Companies House (it's in London somewhere), picking up all of their leaflets regarding requirements for different forms of corporate entity, and deciding if you want to have that burden.  It is not a lot of work, you can essentially claim VAT on all business purchases (the way roughly it works, is that your company invoices your client, your client has to pay the fee + VAT (usually that VAT is then deducted by your client from it's VAT, so no loss there), and you pay the VAT on the difference between the service sales price, and your costs (computers etc.) ) You have to be careful to avoid excessive double taxation (paying income tax on both corporate income, and then your personal income off said company), but it usually comes off in your favor. Essentially, if you're making more than 50% of your income from services rendered, it is to your advantage to render such services as a business entity."}
{"_id": "452250", "title": "", "text": "^This.   As we can see with the pending $125b bail-out that Europe will provide. Imagine, if India was in the place of the Spanish? Who would conjure up such a bail-out for them?  As said by 23_47 earlier, the credit rating is a measure of risk. A country backed by a 17-country alliance (Eurozone) is less risky to invest in than a country without such support."}
{"_id": "452259", "title": "", "text": "As littleadv says, if you're a sole proprietorship, you don't need to file a 1099 for money you pay yourself. You certainly will need to file a schedule C or schedule E to report the income. And don't forget SE to pay social security taxes on the income if you made a profit. If your company is a corporation, then -- I'm not a tax lawyer here, but I think the  corporation would need to file a 1099 for the money that the corporation pays to you. Assuming that the amount is above the threshold that requires a 1099. That's normally $600, but it's only $10 for royalties."}
{"_id": "452275", "title": "", "text": "Well, you're taking two companies who are overhauling their networks in a similar way (LTE) and combining resources... Combining Sprint's and Softbank's orders for phones and LTE equipment reduces overall cost per unit which allows both companies to offer better service and better devices for less. There is also the added advantage of capturing customers that travel between the US and Japan... Make it easier and cheaper to use one device in both countries.   That's what they're aiming for."}
{"_id": "452289", "title": "", "text": "No idea.   I dont know what rules were put in place after 2008 in regards to rating them.  IIRC the institution doesnt have the ability to choose moodys or standard and poors. The cdos are submitted to both of them and rated anonymously. But i have no idea where im getting that from."}
{"_id": "452298", "title": "", "text": "Money and wealth are two different things.  Money is an item that can be used as a store of wealth and as a convenient medium of exchange, but it's not the same thing as wealth.  If you have a lot of money, then you have a lot of wealth.  But you can have a lot of wealth (in the form of, for example, real estate, company ownership, financial assets and loans, and physical capital) and not have a lot of money. There is a very, very large amount of money in the world, so bitcoin would have to appreciate in an extreme way in order to replace the other forms of money.  In that case someone owning a lot of bitcoin will be pretty rich.  But having half the world's money is a much smaller thing than having half the world's wealth. Your inflation question isn't real clear to me.  Because bitcoin is not kept in banks and lent out, a bitcoin user in your proposed world creates inflation when they spend their bitcoins, increasing demand for goods and services.  This increased demand drives up the price of those goods and services.  Prices react pretty quickly, so it seems like the effect of an increase in the effective money supply (the bitcoins actually being used, rather than hoarded) would have a similar effect when spent quickly as slowly.  Think of it this way: if you are buying 1,000,000,000 toasters the first few thousand could be had cheaply at Walmart and Amazon.  Then you would have to go to more and more expensive sources to get them.  Eventually you would run out of sources and have to have them special made at yet higher expense.  It's not the time that raised the prices but the actual purchasing behavior.  Same thing is true of houses, yachts, islands, or whatever else a very rich hypothetical person might buy."}
{"_id": "452330", "title": "", "text": "They make a killing. In Queensland, a state of Australia, they only have one Distributor, Energex, so there is no competition. All power comes from them. As such, the prices are ridiculously high since retailers can't afford to sell it any cheaper than what they bought it for. This company Energex has employees that casually take 3 hour lunch breaks and still earn over 100k a year and they are not even execs. Meanwhile the consumers in that state are going broke from the energy prices."}
{"_id": "452337", "title": "", "text": "In today's world we spend almost as much time online as we do out in the real world. We're using the Internet to fulfill almost every need in our lives; we can now shop, socialize, and pay our monthly bills without having to leave the comfort of our computer desks."}
{"_id": "452338", "title": "", "text": "I wouldn't put too much stock in the guidance generically... it's more a measure of confidence in the company. When you listen to the earnings calls and start following a particular analyst, you'll understand where they come from when they kick out a number."}
{"_id": "452350", "title": "", "text": "Your first step should be meeting with a CPA or tax attorney who specializes in the taxation of dual citizens. Your local accountant can probably refer you to someone.  There are many people in that situation, and while I'm not familiar with the details, I know there are tax treaties between the U.S. and Canada designed to address your situation."}
{"_id": "452372", "title": "", "text": "\"&gt; However, Democrats do not directly mention Trump in their strategy documents, though the campaign's title clearly references the president's signature book, \"\"The Art of the Deal.\"\"   Um. No it doesn't. I guess they've never heard of The New Deal?\""}
{"_id": "452384", "title": "", "text": "Can she send money to me in India through their NRI account? She can transfer the money to her NRE account and then to your Savings Account. Alternatively she can also transfer money directly to your savings account. There is no tax for this transaction in India as it is gift and exempt under gift tax act. If the amounts are large [run in quite a few tens of lacs], have some paperwork showing this as Gift. You can transfer this to son or doing anything you like with it."}
{"_id": "452390", "title": "", "text": "\"&gt;I should never have to specify the flavor for the love of God.  I was just ranting about the same to friends last night, but the \"\"chocolate\"\" Frosty is still just as good as it was a decade ago.  As to Arbie's I don't know what horsey sauce is, and I guess... I'm afraid to ask. We don't have a lot of 'em around here &amp; the few times I've been to one (like twice) I got food poisoning... so....  McDonald's:   * Fries go from meh to grossly over greasy. * Burgers are just not good. * Chicken strips or chicken snack wraps are eatable * Generally I avoid McDonald's * The fudge sunday's bring back happy childhood memories though.\""}
{"_id": "452393", "title": "", "text": "US dollars 49.99 for Michelin Bicycle Tires is a rate which can bring can force anyone to buy the tires even if it is not required. The rate seems unreal but this is the exact price of the tire on one of the tire retailers. This sounds unreal but it is actually a reality and you can find affordable Michelin Bicycle Tires online with little research."}
{"_id": "452405", "title": "", "text": "I went to the bank with my friends and told them that I saw the money in my account, that it's not mine, and that they should investigate and send it back to wherever it came from Right thing to do. Did you give this in writing? Do you have a stamped copy of the letter from Bank that they accepted your complaint? he has been calling with different phone number threatening me, saying that he will kill me, he will make sure I don't return to my country alive, and all. Lodge a formal police complaint. And also I have not heard from the bank at all. What should I do? Ensure that all your communication and follow-up is in writing. Even email is fine. But periodically send this via certified post with tracking number. Even when you call up the bank, keep a track of calls. After a day or two, send a email saying further to calls 1, calls 2, calls 3 etc you are still awaiting a response from Bank. Even after face to face visits, record all your follow-up and periodically send via email and after few email take a print of everything [even if its 10 pages] and send via certified mail. The reason it is very important to have a written trail is if things go wrong, Law enforcement can accuse you to be part of fraud/scam. It will be difficult to establish you were the one who complained about it. If not too difficult, change you phone numbers. Yes definitely open the new Bank Account; and don't give this to a random stranger on Internet."}
{"_id": "452424", "title": "", "text": "Some brief research suggest that boat insurance is ~1.5% of boat cost/year. So a $10,000 boat might be about $150. Other sites say average boat insurance is $300-500/year. So a bit of a range to work with. Though the risk is relatively low, people would rather a small planned expense than risk a large unplanned expense. In addition, most policies cover liability, so if someone were to get hurt on your boat, or you caused damage with your boat, insurance adds protection."}
{"_id": "452425", "title": "", "text": "Me too. Haven't failed because it's shit that I do/did for free. There have have instances where if I didn't have a saved up cushion to fall back on times would have been hard waiting to get paid on some municipal and corporate contracts (can take up to 90 days sometimes)."}
{"_id": "452434", "title": "", "text": "Sometimes the market has to be left alone. Too much interference of the policy makers to stabilize the falling market can actually result in a major crisis. Every change stabilises after sometime and it is also applicable in the Forex trading market. So, the eager investors should learn to have some patience and wait for the market to stabilise itself rather than make random predictions on the policies released by policy makers"}
{"_id": "452447", "title": "", "text": "I'm currently reading the book *Divine Fury: A History of Genius* by Darrin M. McMahon which ponders the relationship between madness, creativity, and genius. I think some minds are a little more flexible in the possibilities that may be contemplated and this allows the potential for more discoveries. But when your mind is a little too flexible it can be seen as eccentric."}
{"_id": "452454", "title": "", "text": "The mushroom republic, keep the public in the dark and feed 'em shit.\u00a0 Money buys choices and influence.\u00a0 The richies are cowards and fear they might have to get their fingernails dirty and perform a legitimate service in society if others are allowed to compete with them.\u00a0 When does the mass boycott start where everybody stops paying their mortgate/rent, insurance and taxes?\u00a0 That would reboot an economy."}
{"_id": "452462", "title": "", "text": "The trouble is not enough Americans today are willing to do hard physical work for low pay. At the same time, Americans aren't willing to pay more for things like landscaping and fruits and veggies. I would be delighted if we fixed our broken legal immigration system, but since we can't seem to do that, we get illegal immigrants, and every day both you and I use products they produced."}
{"_id": "452474", "title": "", "text": "Personally, I would split the difference, putting about half into each.  Simply because it balances out the problem and I don't have to fret about whether one or the other will provide a significant difference.  As bstpierre points out, the one which will make you more in the end is the one which you can grow the fastest.  The mortgage payment is locked at 5% growth, which, while modest, is also essentially guaranteed at this point.  The CD in your IRA is likely less than that amount, even after tax consideration. A couple additional points to consider:"}
{"_id": "452479", "title": "", "text": "There is no formula for calculating a stock price based on the financials of a company. A stock price is set by the market and always has a component built into it that is based on something outside of the current valuation of a company using its financials. Essentially, the stock price of a company per share is whatever the best price it can get on the open market. If you are looking at how to evaluate if a stock is a good value at the current price, then look at some of the answers, but I wanted to answer this based on the way you phrased the question."}
{"_id": "452486", "title": "", "text": "when they make the most money off of charging interest on late payments? This is incorrect. Do you have any data to back this? In the past decade there was a tendency by financial institutions to make money from late payments and there were certain rewards / incentives for people who paid late. However the bubble cracked soon enough and there were huge losses in the card industry. Today most of the revenue for card companies is from margins on customers who pay on time and growth avenues are promoting to pay every transaction by card. why do they actively seek people who pay their bills on time (as evidence by requiring good credit scores to get approved for a card), instead of they opposite? As indicated above. Remember if one customer defaults it wipes out margins made by tons of customers. In spite of giving credit to people with good credit score, the average credit card debit an US individual holds is still quite high."}
{"_id": "452488", "title": "", "text": "In general you will take home more in the US than in Canada. There are so many variables that is is impossible to provide a comprehensive answer that will cover all bases: so here are a few hand-waving statements. Two example calculator web sites for Canada and the US (chosen somewhat at random through Google, show that making $50,000 of either currency for the upcoming tax year in Canada you would expect to pay about $9,100 and for the US $5,900.  Missing there are the state taxes, however, which also vary wildly. The deductions, adjustment and credits in both countries can really add up, so if you have specific questions, you should consult a tax specialist. Similarly, both countries provide various tax sheltered investment structures that change the game somewhat over the long term."}
{"_id": "452496", "title": "", "text": "\"It sounds like you really want to support Trump.  I had a boss who said, \"\"people make decisions emotionally and justify then logically.\"\"  I get where you're coming from.  He's on your side so you want to defend him.  It probably doesn't make sense to give you any more facts if you're just going to find the flimsiest reason to dismiss them.  I believe that the sky is blue, the grass is green, and Don Jr admitted to attempting to collude with the Russians, which is illegal.  Maybe he actually succeeded, maybe he didn't, but there's no question that he tried.  That's enough for an investigation, and based upon results could justify jail time.  So I *really* don't like Trump.  Let me take a moment to explain my emotions:  * I think he's super dishonest  * I think he's xenophobic.  Immigrants are good people and contribute positively to society.  Nearly everyone is an immigrant once you go back far enough.  * I think he's a racist.  It's ugly and good people should oppose this sort of hate.  You learn this when you're little.  * When he lies, the things he says are obviously inconsistent.  It's insulting that he thinks we'd believe his stupid statements.   * It saddens me that 38% of America still believes his stupid stuff.  I don't know whether they're too simple to see his dishonesty, don't really care that he's dishonest, or are too disengaged to have noticed.  I don't think our democracy lasts another generation in its current form.  * I think he's corrupt, and is enriching himself and his family/allies with his office.  He's the first president without a blind trust.  * I think he does real damage to worthwhile endeavors (or tries to): renewable energy, global alliances, race relations, pollution controls, social safety net, civility, and others.  * I'm disappointed that the Republicans haven't called him out.  Politics and self-interest seems to outweigh integrity. Congress is the check on his power.  * I think he's lazy and spends too much time on vacation.  He's also dishonestly inconsistent for criticizing Obama for golfing too much, and then he golfs **more** once in office.  * I'm torn about his incompetence on policy.  I should probably be happy he's flailing around, unable to pass any significant law.  I just hate to see the impotence.\""}
{"_id": "452514", "title": "", "text": "Coins have the minimum value of the metal they are made from.   Bank notes (paper money) would only be valuable when it becomes rare.  And there isn't a good way to predict how quickly something like Zimbabwe dollars will become rare (that I know of at least)."}
{"_id": "452537", "title": "", "text": "They already have, just not in the sense you're thinking. It was all pumped into the financial system, both into banks and into securities markets (bonds, stocks, etc.). We're at all time highs for bond prices and stock prices. You ever hear about the 1% getting richer and the gap widening? You can thank the Fed for that.  As for CPI inflation... it may never come. There's a balancing act between inflation &amp; deflation. Japan is a perfect example - running printing presses for the past 20+ years and they've seen modest deflation over that period."}
{"_id": "452540", "title": "", "text": "If the checking account is in a FDIC insured bank or a NCUA insured Credit Union then you don't have to worry about what happens if the bank goes out of business. In the past the government has made sure that any disruption was minimal. The fraud issue can cause a bigger problem. If they get a hold of your debit card, they can drain your account. Yes the bank gives you fraud protection so that the most you can lose is $50 or $500; many even make your liability $0 if you report it in a timely manor. But there generally is a delay in getting the money put back in your account. One way to minimize the problem is to open a savings account,it also has the FDIC and NCUA coverage . The account may even earn a little interest. If you don't allow the bank to automatically provide an overdraft transfer from savings to checking account, then the most they can temporarily steal is your checking account balance. Getting a credit card can provide additional protection. It also limits your total losses if there is fraud. The bill is only paid once a month so if they steal the card or the number, they won't be able to drain the money in the bank account.  The credit card, if used wisely can also start to build a positive credit file so that in a few years you can get a loan for a car or a place to live. Of course if they steal your entire wallet with both the credit and the debit card..."}
{"_id": "452544", "title": "", "text": "PayPal does charge a premium, both for sending and receiving. Here's how you find their rates:"}
{"_id": "452562", "title": "", "text": "It depends on your equity(assets -  liabilities). If you have a lot of equity, banks will be happy to lend you money because they now they can always seize your assets. If you don't have a lot of equity another option is to go to hard money lenders. They charge high rates and some of them lend-to-own, but is an option. And consider what Pete said, you might be a little optimistic."}
{"_id": "452563", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://khpg.org/en/index.php?id=1503759946) reduced by 84%. (I'm a bot) ***** &gt; The main Russian bank working in Russian-occupied Crimea and one other have been informed that the company providing their connection to the SWIFT network will terminate its services from 31 August.  &gt; According to one of the sources, RNCB and Tempbank differ from most other Russian banks, in that the crucial technology required for the SWIFT connection is provided by Finastra and not by SWIFT directly.  &gt; In its excuses for not disconnecting Russian banks, SWIFT claimed that &amp;quot;Being EU-based, SWIFT complies fully with all applicable European law&amp;quot;.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x7fik/russian_banks_cut_off_from_swift_for_working_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201908 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **SWIFT**^#1 **bank**^#2 **Russian**^#3 **Finastra**^#4 **international**^#5\""}
{"_id": "452579", "title": "", "text": "Thats true, I guess I never really dwelt too long on the positives. The earning potential within my office is quite high, and it is nice making my own hours. It's just difficult when, even at your own leisure, there is not enough hours in a day to help everyone/get everything done that you want to."}
{"_id": "452592", "title": "", "text": "You are already doing everything you can. If your employer does not have a 401(k) you are limited to investing in a Roth or a traditional IRA (Roth is post tax money, traditional IRA gives you a deduction so it is essentially pre tax money).  The contribution limits are the same for both and contributing to either adds to the limit (so you can't duplicate). CNN wrote an article on some other ways to save: One thing you may want to bring up with your employer is that they could set up a SEP-IRA.  This allows them to set a % (up to 25%) that they contribute pre-tax to an IRA for everyone at the company that has worked there at least 3 years.  If you are at a small company, maybe everyone with that kind of seniority would take an equivalent pay cut to get the automatic retirement contribution?  (Note that a SEP-IRA has to apply to everyone equally percentage wise that has worked there for 3 years, and the employer makes the contribution, not you)."}
{"_id": "452594", "title": "", "text": "Oh my, you poor skilled worker being held down by the janitors, stock rooms workers, and retail workers of the world...  So, let me guess, you are saying we should probably pay people less than minimum wage because something something market value or something something that's all those lazy people are worth, right?  How about this, if a business can't afford to pay someone properly enough to survive, they don't deserve the labor. That may mean that the CEOs, shareholders, white collar, and skilled workers might have to take less pay so the guy at the bottom that is also needed to operate the company can afford to live without needing help from the government."}
{"_id": "452602", "title": "", "text": "And what's the cost-of-living in Silicon Valley?  How long are the work-days, how abundant the vacation time?  Most of the publicly-held companies there apparently have solid sources of revenue, but for all too many start-up companies, where's the value proposition?  As I've learned from first-hand experience, a high salary isn't as great as it sounds in an expensive area to live, and Silicon Valley is up there with New York, Washington DC, and Boston for the *really* expensive areas of America.  &gt;\u201cCompanies like Color are being given a second, third, or fourth shot at the game because it\u2019s a big game,\u201d says Bill Nguyen, Color\u2019s chief executive officer. \u201cThe prizes are pretty darn huge. There are fundamental changes happening in information because of Facebook and mobile devices.\u201d   HOW DOES THIS NOT SOUND LIKE A SPECULATIVE BUBBLE TO PEOPLE?"}
{"_id": "452609", "title": "", "text": "In the first case that isn't a good example, in fact its contrary. We're talking about people earning under 5 million voting against taxing the very rich. It is in their interest directly.  In the second case, civil rights aren't a zero sum game but it also isn't a case of voting against their own interests, just not necessarily directly for their own interests.  All these are at best loose correlations like identity politics and not very concrete like in the case of healthcare. People figure it out slowly but they do figure it out."}
{"_id": "452658", "title": "", "text": "\"I always have mixed feelings when I read articles like this.  On one hand I object to this idea that folks with these diagnoses are fragile and have to have \"\"special treatment\"\".  On the other hand speaking as someone with some of these disorders who has worked in professional environments for a few decades, it's absolutely clear that working environments are designed for certain kinds of people (who are loud, insistent, and in the majority) and for them there really are substantial benefits.  That being the case, I think it's important that companies make an effort to optimize the work environment for all their employees, even if that environment is radically different than what some folks (like H.R. folks) would like.  It's amazing how much the quality of my work and my life in general improved when I could work in an environment designed to suit my needs.\""}
{"_id": "452668", "title": "", "text": "In the cool mornings I use very little battery energy, but you are absolutely on to something with the AC, bc I put a pretty big dent in my battery during those hot late afternoon drives home. That adds up for sure."}
{"_id": "452672", "title": "", "text": "\"yeah. probably because the article author Brian Fung misleadingly presented it that way and conveniently failed to note in his article that the patent application was filed in 2012... so Amazon's interest in this is at least a 5 year old story.   But that doesn't really flow with the manufactured \"\"Amazon is planning to prevent people from comparison shopping on their phones while in stores\"\" vibe of the piece, you know?    Journalism, shmournalism.\""}
{"_id": "452683", "title": "", "text": "I don't know.  I like his attitude.  Why not try weird stuff?  I went to a Star Trek convention just for fun to see what it was like.  Not my thing but I loved the experience.  Same with a convention for restaurant supplies.  Travel whenever I can and try to stay in the weird hotels.  I'd probably try this service too, just to say I did."}
{"_id": "452736", "title": "", "text": "The site you link to suggests the majority save on this plan. AC is tough, but most other power hogs are in your control, washer/drier, dish washer, etc. This is part of a bigger picture of power transmission, and management. The utility cost is the highest for peak demand, i.e. they need to have capacity for the peak use, but only selling average use, on average. This billing plan matches what you pay with the true cost, and you save by avoiding the peak times."}
{"_id": "452743", "title": "", "text": "Nah, not  true mate either - have some clients that sell in excess of AUD1M per month almost all of which done via social media ads, and they've been around years before Facebook was a thing. You're totally right though when you talk about some companies being behemoths - but social media and PPC platforms allow the playing field to be amazingly level when competing against them. AI is the next tool to be transforming sales and marketing - and again, it will be done via social media platforms - were seeing it already where Facebook and Watson can be connected within a few minutes to provide basic conversational customer service bots that can take payment for suggested products or services it gives as a result of that conversation. Now you may not like that aspect, but it's here already and only getting more advanced. Social media will morph and change - largely driven by AI and AR and better universal wireless connectivity - but the tools will be connected into 2B+ people via whatever social media channels continue tk be adopted - be it facebook or Instagram or whatever else emerges. kinda cool."}
{"_id": "452760", "title": "", "text": "\"Best way to invest around 50k Indian rupees and save Tax There is nothing \"\"Best\"\". There are multiple options that are available under 80C and you need to select one that suites you best. There are market linked options like ELSS, or assured returns like 6 years FD, or PPF or Term Insurance or other such options.\""}
{"_id": "452805", "title": "", "text": "Well sure. Everyone wants free healthcare. But if it's a service that everyone gets, then everyone has to pay the government for it in taxes. One way or another we pay for it.  The issue is: Are we going to rein in Big Pharma and the insurance cartel?"}
{"_id": "452824", "title": "", "text": "\"We initially attempted to do this when we bought our house and found the listing agents \"\"resistant\"\" to say the least.  For a variety of reasons (not just the commission), we ultimately decided to hire a buyer's agent, but we focused on buyer's agents that would pass some of their commission back to us.  We used Redfin, but I think there may be others now. One \"\"gotcha\"\" even on this, is that, if you're getting a mortgage, the mortgage company may also have something to say about this situation.  We had to apply the agent's rebate to our closing costs, we could not take it away in cash.\""}
{"_id": "452830", "title": "", "text": "A few years ago I had been contributing with my employer to a 401(k).  When I then moved abroad, I found it difficult to stay in touch with my 401(k).  The toll-free numbers I had used inside the US, to contact the plan administrators, did not work from overseas."}
{"_id": "452834", "title": "", "text": "The only reason this happened is that they believed they could get away with it. Take that belief away, things work out.  Bail them out and crucify the managers and make the shareholders bear as much of the loss as possible - and bankrupt the bigger ones. Really be nasty about it, make them serve as an example.  Don't mess the smaller guys. Those are small fry, they were fooled along with the others."}
{"_id": "452837", "title": "", "text": "\"My grandma left a 50K inheritance You don't make clear where in the inheritance process you are.  I actually know of one case where the executor (a family member, not a professional) distributed the inheritance before paying the estate taxes.  Long story short, the heirs had to pay back part of the inheritance.  So the first thing that I would do is verify that the estate is closed and all the taxes paid.  If the executor is a professional, just call and ask.  If a family member, you may want to approach it more obliquely.  Or not.   The important thing is not to start spending that money until you're sure that you have it.   One good thing is that my husband is in grad school and will be done in 2019 and will then make about 75K/yr with his degree profession. Be a bit careful about relying on this.  Outside the student loans, you should build other expenses around the assumption that he won't find a job immediately after grad school.  For example, we could be in a recession in 2019.  We'll be about due by then.    Paying off the $5k \"\"other debt\"\" is probably a no brainer.  Chances are that you're paying double-digit interest.  Just kill it.   Unless the car loan is zero-interest, you probably want to get rid of that loan too.  I would tend to agree that the car seems expensive for your income, but I'm not sure that the amount that you could recover by selling it justifies the loss of value.  Hopefully it's in good shape and will last for years without significant maintenance.   Consider putting $2k (your monthly income) in your checking account.  Instead of paying for things paycheck-to-paycheck, this should allow you to buy things on schedule, without having to wait for the money to appear in your account.   Put the remainder into an emergency account.  Set aside $12k (50% of your annual income/expenses) for real emergencies like a medical emergency or job loss.  The other $16k you can use the same way you use the $5k other debt borrowing now, for small emergencies.  E.g. a car repair.   Make a budget and stick to it.  The elimination of the car loan should free up enough monthly income to support a reasonable budget.  If it seems like it isn't, then you are spending too much money for your income.  Don't forget to explicitly budget for entertainment and vacations.  It's easy to overspend there.   If you don't make a budget, you'll just find yourself back to your paycheck-to-paycheck existence.  That sounds like it is frustrating for you.  Budget so that you know how much money you really need to live.\""}
{"_id": "452846", "title": "", "text": "You should probably talk to a lawyer experienced in such matters, it is really hard to tell from what you described whether there is a problem or not. Are they trying to put majority of blame on me so that they can   increase my premium or are they acting the right way? Both may be true. They are acting in their own best interests, not yours. They're trying to minimize their exposure. Had the other guy had insurance they would be much more susceptible to shift the blame, but since he doesn't - it is unlikely that they'll recover their money. So it is not in their best interests to accept your claim. Whether they're right or not - you answered yourself. A person backing out is usually responsible and the burden of proof that you aren't is on you. Does the insurance have something to gain from assigning more fault on me? Of course. Less money to shell out, more premiums to get. That said, they are willing to admit that some of the blame is on the other driver, which means that they're not entirely dismissing your claims. In general, I'm just trying to make sure I'm not being cheated   monetarily by the insurance company in any way. Sue them."}
{"_id": "452870", "title": "", "text": "\"The IRA contribution limit is a limit on the total amount you can contribute to all of your Roth and traditional IRAs.  It's not a per-account limit.  (See here and here.)  Once you've hit the contribution limit on one account, you've hit it on all of them. Even so, supposing you had a reason with try to take money out of one of the accounts, the answer to your question is \"\"sort of\"\".  The limit is a limit on your gross contributions, not your net contributions.  It is possible to withdraw Roth contributions if you do so before the tax filing deadline for that year, but you must also withdraw (and pay taxes on) any earnings accured during the time the money was in the Roth (see here).  In addition, doing this may not be as simple as just taking the money out of your account; you should probably ask your bank about it and let them know you're \"\"undoing\"\" the contribution, since they may otherwise still record the amount as a real contribution and the withdrawal as unqualified early withdrawal (subject to penalties, etc.).\""}
{"_id": "452895", "title": "", "text": "And I should have known better - a GOP-man just ignoring the facts  and immediately swithching to the debaters low point - an ill-informed, ad hominem attack upon me. So I can count on you to ignore the record: 1)Unbroken private sector job growth since January 2010 - http://www.esa.doc.gov/Blog/2012/03/09/economic-indicator-nearly-4-million-jobs-created-past-24-months 2)Highest cutbacks in government jobs occurring in Republican states - http://www.thenation.com/article/167050/red-states-see-massive-public-sector-job-losses 3)GOP NO on Democrat Job bills - latest example, NO for tax credits for companies that bring back jobs to US - http://edition.cnn.com/2012/07/19/politics/senate-bring-jobs-home-bill-blocked/index.html But hey  --I can count on you either ignore this data or call it Kool Aid"}
{"_id": "452896", "title": "", "text": "I'm not sure why you're confusing the two unrelated things. 1040ES is your estimated tax payments. 941 is your corporation's payroll tax report. They have nothing to do with each other. You being the corporation's employee is accidental, and can only help you to avoid 1040ES and use the W2 withholding instead - like any other employee. From the IRS standpoint you're not running a LLC - you're running a corporation, and you're that corporation's employee. While technically you're self-employed, from tax perspective - you're not (to the extent of your corporate salary, at least)."}
{"_id": "452899", "title": "", "text": "If your gross income is only $3000, then you don't need to file: https://www.irs.gov/pub/irs-pdf/p501.pdf That said, pay careful attention to: https://www.irs.gov/individuals/international-taxpayers/taxpayers-living-abroad You should be reporting ALL income, without regard to WHERE you earned it, on your US taxes. Not doing so could indeed get you in trouble if you are audited. Your level of worry depends on how much of the tax law you are willing to dodge, and how lucky you feel."}
{"_id": "452910", "title": "", "text": "\"It's also refreshing that they were somewhat realistic about their worst-case scenario (only affluent executives would use the service).  Also interesting that they completely glossed over the legal challenges they must have known they'd see from the regulated taxi industry.  One wonders whether they really believed they'd be exempt from medallion requirements because they were a \"\"members only\"\" service.  When you're successful, you get to construe every lucky victory as a strategic masterstroke.\""}
{"_id": "452939", "title": "", "text": "\"I actually love this question, and have hashed this out with a friend of mine where my premise was that at some volume of money it must be advantageous to simply track the index yourself. There some obvious touch-points: Most people don't have anywhere near the volume of money required for even a $5 commission outweigh the large index fund expense ratios. There are logistical issues that are massively reduced by holding a fund when it comes to winding down your investment(s) as you get near retirement age. Index funds are not touted as categorically \"\"the best\"\" investment, they are being touted as the best place for the average person to invest. There is still a management component to an index like the S&P500.  The index doesn't simply buy a share of Apple and watch it over time.  The S&P 500 isn't simply a single share of each of the 500 larges US companies it's market cap weighted with frequent rebalancing and constituent changes.  VOO makes a lot of trades every day to track the S&P index, \"\"passive index investing\"\" is almost an oxymoron. The most obvious part of this is that if index funds were \"\"the best\"\" way to invest money Berkshire Hathaway would be 100% invested in VOO.  The argument for \"\"passive index investing\"\" is simplified for public consumption.  The reality is that over time large actively managed funds have under-performed the large index funds net of fees.  In part, the thrust of the advice is that the average person is, or should be, more concerned with their own endeavors than they are managing their savings.  Investment professionals generally want to avoid \"\"How come I my money only returned 4% when the market index returned 7%?  If you track the index, you won't do worse than the index; this helps people sleep better at night. In my opinion the dirty little secret of index funds is that they are able to charge so much less because they spend $0 making investment decisions and $0 on researching the quality of the securities they hold.  They simply track an index; XYZ company is 0.07% of the index, then the fund carries 0.07% of XYZ even if the manager thinks something shady is going on there. The argument for a majority of your funds residing in Mutual Funds/ETFs is simple, When you're of retirement age do you really want to make decisions like should I sell a share of Amazon or a share of Exxon?  Wouldn't you rather just sell 2 units of SRQ Index fund and completely maintain your investment diversification and not pay commission?  For this simplicity you give up three basis points?  It seems pretty reasonable to me.\""}
{"_id": "452942", "title": "", "text": "Welfare dollars stimulate the economy at a greater rate than tax breaks because welfare recipients have no choice but to spend the money.  Thus welfare dollars tend to directly stimulate communities, by allowing people to buy food, and rent homes.  This is a position that is accepted by pretty much every economist."}
{"_id": "452952", "title": "", "text": "yeah, that's what they were probably making, but when I complained to Ticketmaster I was saying that unless they needed to make that much money, there was absolutely no reason for the processing fee to be nearly 50% of what the ticket price was."}
{"_id": "452955", "title": "", "text": "With overdraft fees, I feel it is no different than a loan shark.  They charge 35$ fee no matter if you buy a 25 cent pack of gum or something much more expensive.  Every time you over drafted you payed 35$.  My wife has seen some people with 500 or more in fees because they spent 100 bucks or so over several transactions."}
{"_id": "452959", "title": "", "text": "Do you know why it's so popular? I thought other trucks are pretty good too. Top selling sedans don't have that large of a margin. You're right that they get burned out quickly, although I'd think there'd be a longevity version of trucks by now. aren't toyota trucks very long living?"}
{"_id": "452972", "title": "", "text": "When I read this website I feel like he is spinning the story the wrong way.  He has a lot of stories about how the internet has allowed quick organization of a large amount of people out to a specific goal.  You can tell the author has a lot of disdain for consumers the way he always talks negative about people using their brains to get a better deal and how these poor multibillion dollar companies are going to suffer minor loses."}
{"_id": "452980", "title": "", "text": "No, the credit company will not remove the $20. Your merchant (the airline) charged in their local currency, the equivalent of $1000. That is also what they refunded. The $20 are yours to keep."}
{"_id": "452983", "title": "", "text": "With the recent drive in AML [Anti Money Laundering], quite a few countries being signatories; the central banks in almost all countries[that matter] have put in stronger KYC guidelines. This means you will not be able to remotely open a Bank Account in Thailand. More info at below links http://www.bangkokbank.com/BANGKOKBANK/PERSONALBANKING/SPECIALSERVICES/FOREIGNCUSTOMERS/Pages/Openinganaccountnew.aspx http://www.samuifinder.com/en/koh-samui-info/money-in-thailand/bank-account-thailand/"}
{"_id": "452987", "title": "", "text": "&gt;Sounds like he should sell or close the company.  You bring up a very good point. If he cares so much about his employees, but it's just too inconvenient for him to run the company if his taxes go up 5%, why not sell it instead of putting 7000 people out of a job? Why threaten people when there's an obvious alternative? Hell, if he just wants to close it anyways, he could just give the company away.  &gt;See I can already shoot down your explanation, because it's not just higher taxes, its increased business tax liability, increased business insurance liability.  Nope. He explicitly states that he will downsize or close the company if there are *any new taxes* whatsoever on either him *or* the business. It's also worth noting that his company is currently more profitable than its ever been.  &gt;Obama said he didnt build it  What?  &gt;Rhetoric is cute until thousands of employees are out of jobs because the owner didn't feel it was worth it to continue the business.  Yeah so maybe he should cut his bullshit rhetoric when those jobs are on the line and the only one responsible for their fates is him. And if it's really too much of a bother for him to run the company if he's making slightly less money when he's already said he has more money than he'll ever need, he can promote someone else to run the company or just sell it. Saying he cares about his employees makes him a liar, criticizing people who spent beyond their means makes him a hypocrite, and his empty threats and brow beating make him a bully."}
{"_id": "452988", "title": "", "text": "I had two last year but i got laid off from one because they told me they didnt want to workwith the others schedule anymore. I asked if id get a raise for staying with then and they said no so i left"}
{"_id": "452996", "title": "", "text": "Where do you get them?  We have a ton we're clearing out to move from my grandpa.  Some Beatles and earlier from my mom and lots of heavy old foxtrot and similar records from grandpa (victor, Decca records, nice heavy weight, in their original papers).  Trying to see if there is a market for these old ones before I just garage sale them."}
{"_id": "453015", "title": "", "text": "Latamclick es una agencia digital 360\u00b0 que satisface a diario necesidades de centenares de clientes en todo el mercado hispano que buscan sorprender, optimizar y administrar las marcas dentro de la gran Web. Con headquarters en Paraguay y oficinas en Panam\u00e1, adem\u00e1s de operaciones comerciales en el 90% de los mercados latinos hispanos, desde el 2009 Latamclick representa un HUB de las agencias digitales."}
{"_id": "453025", "title": "", "text": "If it's just an ordinary credit card I'd think he could merely dispute the charges, since he's saying they 'created' (which I presume means applied for and received) a card, it should not affect his accounts directly.  And especially since application details may be bogus, he should be able to prove it was not him. Even if they got HIS credit card number, he should be able to dispute those charges that are not his, especially if they went to a different address, or were charged someplace (like another city) where he was not present at that time. OTOH, if they created a DEBIT card that was linked to his bank account somehow, well then, that could be a lot more difficult to recover from, but even then, if it's not his signature that was used to apply for the card, or on any charges that had to be signed for etc, he should be able to dispute it and get the bank to put the money back in his account since it will be a case of forgery etc. The big problem with ID theft is people tend to ruin your credit rating, and you end up having to fend off bill collectors etc. The primary thing it costs you (speaking from experience of having checks stolen and forged using a fake drivers license) is the TIME and hassle of getting everything straightened out and put right.  In my case it took a few hours at the credit union, and all the money was back, in a new account (the old one having been closed) when I left.  Dealing with all the poor merchants that were taken, and with bill collectors on the other hand took months.  but I never once in the process needed 'quick money' from anyone. So the need for 'quick money' seems a bit doubtful.  I'd want a lot more details of exactly why he needs money from you. Refer your friend to this Federal Trade Commission site and make sure he takes the steps listed, and especially pays attention to the parts about keeping notes of every single person he talks with, including name, date, time, and pertinent details of the conversation.  If he has some idea HOW this happened (as in a robbery) then report it to the proper authorities, and insist on getting a case number. talking with bill collectors is the worst, just trying to get ahold of them when they send you letters (and talk to a person, not a recorded number with instructions on how to pay them) is sometimes nearly impossible (google was my friend)  and a lot of times they didn't want to back off till I gave them the case number with the police, that somehow magically made it 'real' to them and not just my telling them a story."}
{"_id": "453027", "title": "", "text": "&gt;Here's the real scoop - I would hire more people and buy more inventory and put more into capital investment if I paid less taxes,  You would do so if there was money to be made doing so.   It's as simple as that.   Corporate Taxes are on net income.    If hiring one more person contributed further to your bottom line you'd do so.    That is the only thing that drives you.   If the incremental cost of the hire is lower than the increased revenue.   Period.  Corporate taxes are on net income.   Meaning you're still going to get more money, you're just going to get a little less of that incremental income growth than you thought.    You'll still hire."}
{"_id": "453035", "title": "", "text": "\"Gnucash is first and foremost just a general ledger system. It tracks money in accounts, and lets you make transactions to transfer money between the accounts, but it has no inherent concept of things like taxes. This gives you a large amount of flexibility to organize your account hierarchy the way you want, but also means that it sometimes can take a while to figure out what account hierarchy you want. The idea is that you keep track of where you get money from (the Income accounts), what you have as a result (the Asset accounts), and then track what you spent the money on (the Expense accounts). It sounds like you primarily think of expenses as each being for a particular property, so I think you want to use that as the basis of your hierarchy. You probably want something like this (obviously I'm making up the specifics): Now, when running transaction reports or income/expense reports, you can filter to the accounts (and subaccounts) of each property to get a report specific to that property. You mention that you also sometimes want to run a report on \"\"all gas expenses, regardless of property\"\", and that's a bit more annoying to do. You can run the report, and when selecting accounts you have to select all the Gas accounts individually. It sounds like you're really looking for a way to have each transaction classified in some kind of two-axis system, but the way a general ledger works is that it's just a tree, so you need to pick just one \"\"primary\"\" axis to organize your accounts by.\""}
{"_id": "453051", "title": "", "text": "How much should my down payment be? Ideally 20% of the purchase price because with 20% of the purchase price, you don't have to pay a costly private mortgage insurance (PMI).  If you don't have 20% down and come across a good property to purchase, it is still a good idea to go forward with purchasing with what you are comfortable with, because renting long term is generally never a good idea if you want to build wealth and become financially independent. How much should I keep in my emergency fund? People say 3-12 months of living expenses.  Keep in mind though, in most cases, if you lose your job, you are entitled to unemployment benefits from the government. How long should my mortgage be? 30 year amortization is the best. You can always opt to pay more each month.  But having that leverage with a 30 year loan can allow you to invest your savings in other opportunities, which can yield more than mortgage interest. Best of luck!"}
{"_id": "453059", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.housingfinance.com/news/us-losing-low-rent-units_o) reduced by 88%. (I'm a bot) ***** &gt; The lower end of the rental housing market continues to lose ground, according to the new The State of the Nation&amp;#039;s Housing report by the Joint Center for Housing Studies of Harvard University.  &gt; In examining the threats to the affordable housing supply, the report finds that housing created under the low-income housing tax credit is a concern.  &gt; Looking ahead, being intentional and being committed about developing affordable housing will be critical to addressing the rental housing crisis, said Terri Ludwig, president and CEO of Enterprise Community Partners, during a webcast held to discuss the report&amp;#039;s findings.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hw6os/us_losing_lowrent_units_despite_a_slight/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146856 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **housing**^#1 **rent**^#2 **units**^#3 **more**^#4 **households**^#5\""}
{"_id": "453060", "title": "", "text": "\"Time to learn how accounting works!  When a company loses money, it does not pay taxes. Just throwing numbers out, but suppose GE earned - $10 billion (that's a negative) in 2009. If in 2010 it earned $5 billion, it would not pay any taxes. It wouldn't pay taxes until it got back to even.   Tax refund is nonsense. It is a tax asset, which is reported as \"\"income\"\" when it is recognized on the books. So when GE recognized its \"\"$3.4 billion tax refund,\"\" it was actually noting that it would not have to pay cash taxes until it made enough to generate a tax burden over and beyond $3.4 billion.\""}
{"_id": "453074", "title": "", "text": "\"This does not directly address the question, but how the Bank views your behaviour is not the same as a credit reporting bureau.  If you do not \"\"go deep\"\" on your card at all, you may be deemed not to be exercising the facility, indeed they may ask you to reduce your credit limit. This is not the same as \"\"missing a payment\"\". At the same time, do not just make the minimum payment. Ideally you should clear it within 3 months. Think of it as a very short term line of credit. Not clearing the balance within three months (or turning it over) demonstrates a cash flow problem, as does clearing it from another card. Some banks call this \"\"kite flying\"\" after similar behaviour in older days with cheque accounts. If you use the credit and show you can pay it off, you should never need to ask for a credit increase, it will be offered. The Bureau will be informed of these offers. Also, depending upon how much the bank trusts you, the Bureau may see a \"\"monthly\"\" periodic credit review, which is good if you have no delinquencies. Amex does this as a rule.\""}
{"_id": "453087", "title": "", "text": "\"They didn't have to call it \"\"pink slime\"\" to turn my stomach. \"\"Waste trimmings\"\" and \"\"ammonia wash\"\" are all that's needed...which are both factual descriptions.   BPI took such a hard hit because they showed the world that they're the type of company willing to sell people really nasty shit just to make a buck (in my opinion).\""}
{"_id": "453114", "title": "", "text": "\"Seattle is one of the fastest growing city in the USA http://www.king5.com/news/local/seattle/seattles-population-growth-leads-nation-report/442879395, and increases than 1,000 people per week on average in 2017. Hardly \"\"everyone is escaping\"\"...  And it's way more than Amazon: the tech sector in Seattle has added more than 100 companies in a few years, some very big, and has created a real alternative to Silicon Valley for a lot of engineers (as in: once you are in Seattle, you have a lot of choices now. In the past it was either Microsoft or Amazon, now it's at least 5-10 big companies like Facebook and Google, plus a lot of mid-size ones and a variety of startups)  It's true that most of that growth is in the high end and that causes real problems everywhere, forcing some people to live\""}
{"_id": "453123", "title": "", "text": "\"Some generalizations with a bit of truth:  - The parents of the Greatest Generation used consumer products when they had to. - The Greatest Generation used consumer products to feel as good as (or better than) everyone else.  - The Baby Boomers used consumer products to \"\"be\"\" themselves.  - Generation X used alternative consumer products to feel different from (or better than) everyone else.  - Millennials use consumer products when they have to.\""}
{"_id": "453135", "title": "", "text": "IIRC correctly there was a report posted to reddit recently that Teslas are  the most popular seller in Norway, which has incentives for the first 50,000 buyers of EVs. They sold 1,493 in one month, which equates to almost 18,000 in the next 12 months in Norway alone."}
{"_id": "453141", "title": "", "text": "If you consider what happened to iraq and libya, they are correct.  Lose nuclear weapons is an invitation to be bombed by the US, UK and so on. The Ukranians decided to get rid of theirs, do you think they're happy with that decision?"}
{"_id": "453147", "title": "", "text": "No credit card company would ever give a card with either no credit limit or that was not in credit (for prepaid cards) because they would earn no money from it. The company's income is entirely derived from fees that they charge you for balances and interest on those balances so a 0 limit card would be worthless to them. Getting a prepaid card and letting the balance hit 0 might be a way around this but the fees that you will be charged , and will become a debt in your name, when the billing system tries to take the first paid month's cost from the card and fails will be exorbitant. They may go so far as dwarfing the actual cost but the one thing that they will certainly do is lower your credit rating so this is not a good idea."}
{"_id": "453164", "title": "", "text": "So, you bought a brand new Netgear router and don\u2019t know how to configure it?  Well, in that case, you can contact our team for Netgear router login. We have dedicated team waiting for all routers related queries. Contact them on toll-free number 24/7."}
{"_id": "453181", "title": "", "text": "Enron did a wide range of dodgy financial accounting, using tricks to severely mis-represent their financial situation. They then used these doctored accounts to fool lenders and stock-buyers that the company had more money, and fewer debts or problems, than it really had. Eventually they ran out of money and went bankrupt, leaving the lenders and stock-buyers with nothing."}
{"_id": "453184", "title": "", "text": "I was too. My fiance is an international student and for a while we were really concerned about the implications of a Trump presidency on her getting a visa. I aired my grievances on T_D and was banned.  What I've come to understand is that citizenship is a privilege, not a right. As part of the research I took part in while getting my Economics degree, we established mass immigration as a large, significant causal factor in the immergence of the income stagnation and the resulting rise of consumer debt levels and financial innovation that lead the the '09 crisis.  The issue with T_D is the massive brigading and threats users and mods get. T_D would be a non-stop dumping ground of concern trolling and leftist hatred if the policies they have in place now were not in effect. That being said, I myself am proof that the policies and the mods that enforce them are much more forgiving than most subs on on this site.  Try /r/askthe_donald"}
{"_id": "453216", "title": "", "text": "In my experience, Millennial's fundamentally distrust the the efficiency and efficacy of most of what is marketed in the modern economy.  By the time you take the investors, marketers, and executive cut out of a modern product sale, there is simply nothing left to actually deliver a quality product, thus cheap, intentionally faulty shit is sold instead as a planned obsolescent solution.  The generations raised under television as the pinnacle of marketing are _utterly oblivious_ to this form of silent inflation around them, but their kids notice how futile and wasteful their 'constantly repurchase the same substandard shit' consumer culture has become.  And they're doing everything they can not to participate, because being manipulated to buy bullshit resembling historic products that were actually functional sucks."}
{"_id": "453221", "title": "", "text": "I use xoom.com to transfer money to India. I've been using them for over 2 years now, they are the fastest and the cheapest for me (the funds are usually available the same day). They seem to have added a lot of European countries to their list. Definitely worth a shot."}
{"_id": "453256", "title": "", "text": "I bought 1000 shares of a $10 stock. When it doubled, I sold half, no need to be greedy. I watched the shares split 2 for one, and sold as it doubled and doubled again. In the end, I had $50,000 in cash pulled out and still had 100 shares. The shares are now worth $84K since they split 7 for one and trade near $120.  Had I just kept the shares till now, no sales, I'd have 14,000 shares of Apple worth $1.68M dollars.  $130K for an initial $10,000 investment is nothing to complain about, but yes, taking a profit can be the wrong thing. 25%? Was that all the potential the company had?  There's one question to ask, not where is the price today compared to last year or two years ago, but what are the company's prospects. Is the reason I bought them still valid? Look at your investment each quarter as if you were making the decision that day. I agree, diversification is important, so the choice is only hold or sell, not to buy more of a good company, because there are others out there, and the one sane thing Cramer says that everyone should adhere to is to not put your eggs in one basket."}
{"_id": "453257", "title": "", "text": "No, there is no special leniency given to first time tax payers. In general, this shouldn't be an issue. The IRS collects your taxes out of every one of your paychecks throughout the entire year in what is called a Withholding Tax. The amount that the IRS withholds is calculated on your W-4 Form that you file with your employer whenever you take a new job. The form helps you calculate the right number of allowances to claim (usually this is the number of personal exemptions, but depending upon if you work a second job, are married and your spouse works, or if you itemize, the number of allowances can be increased. WITHHOLDING TAX Withholding tax (also known as \u201cpayroll withholding\u201d) is essentially income tax that is withheld from your wages and sent directly to the IRS by your employer. In other words, it\u2019s like a credit against the income taxes that you must pay for the year. By subtracting this money from each paycheck that you receive, the IRS is basically withholding your anticipated tax payment as you earn it. In general, most people overestimate their tax liability. This is bad for them, because they have essentially given the IRS an interest free loan (and weren't able to use the money to earn interest themselves.) I haven't heard of any program targeted at first time tax payers to tell them to file a return, but considering that most tax payers overpay they should or they are giving the government a free grant."}
{"_id": "453263", "title": "", "text": "Is your name on the title at all? You may have (slightly) more leverage in that case, but co-signing any loans is not a good idea, even for a friend or relative. As this article notes: Generally, co-signing refers to financing, not ownership. If the   primary accountholder fails to make payments on the loan or the retail   installment sales contract (a type of auto financing dealers sell),   the co-signer is responsible for those payments, or their credit will   suffer. Even if the co-signer makes the payments, they\u2019re still not   the owner if their name isn\u2019t on the title. The Consumer Finance Protection Bureau (CFPB) notes: If you co-sign a loan, you are legally obligated to repay the loan in   full. Co-signing a loan does not mean serving as a character reference   for someone else.  When you co-sign, you promise to pay the loan yourself. It means that   you risk having to repay any missed payments immediately. If the   borrower defaults on the loan, the creditor can use the same   collection methods against you that can be used against the borrower   such as demanding that you repay the entire loan yourself, suing you,   and garnishing your wages or bank accounts after a judgment. Your   credit score(s) may be impacted by any late payments or defaults. Co-signing an auto loan does not mean you have any right to the   vehicle, it just means that you have agreed to become obligated to   repay the amount of the loan. So make sure you can afford to pay this   debt if the borrower cannot. Per this article and this loan.com article, options to remove your name from co-signing include: If you're name isn't on the title, you'll have to convince your ex-boyfriend and the bank to have you removed as the co-signer, but from your brief description above, it doesn't seem that your ex is going to be cooperative. Unfortunately, as the co-signer and guarantor of the loan, you're legally responsible for making the payments if he doesn't. Not making the payments could ruin your credit as well. One final option to consider is bankruptcy. Bankruptcy is a drastic option, and you'll have to weigh whether the disruption to your credit and financial life will be worth it versus repaying the balance of that auto loan. Per this post: Another not so pretty option is bankruptcy. This is an extreme route,   and in some instances may not even guarantee a name-removal from the   loan. Your best bet is to contact a lawyer or other source of legal help to review your options on how to proceed with this issue."}
{"_id": "453269", "title": "", "text": "There is no collective hive mind on reddit. There's just occasional mobs, and semi-anonymised individuals. This very thread disproves that, since the redditors here are complaining about the actions of others. The whole metaphor is crap anyway.  Unless it's a very schizophrenic hivemind, with multiple personalities and capable of expressing them simultaneously.  You know it's just because you have unpopular opinions, or say a lot of stupid stuff like above, that gets you down-voted (btw it's generally the latter, but being a bit of an arse like I am can also get some down votes as well). Get over it and join a different sub-reddit where you can find some like -minded people with whom you can form your own hive mind."}
{"_id": "453273", "title": "", "text": "\"Yeah, it can suck some times when my friends want to go out, but for the most part it isn't that bad.  When economists talk about consumers cutting back on spending, though, I just think \"\"Of course they are, what other choice is there?\"\"  Cutting back we're doing okay but if we started blowing money by going out a lot or buying the latest gadgets or whatever, we'd be in trouble.\""}
{"_id": "453299", "title": "", "text": "\"For the first part of your question; Refer to related question  Why do some online stores not ask for the 3-digit code on the back of my credit card? The other case of Airport ticket machines, requires the physical presence of card. The assumption is that if you had the card before and after the transaction, it was you who used it for transaction. As the amounts are small its really easy by anyone [merchant, Banks] to write this off. The only way to misuse would be if you lost the card and someone used it. Also these ticket machines would have built in feature where by you cannot buy more than \"\"X\"\" tickets for the day. Ensuring max loss on a stolen card is limited to a small amount.\""}
{"_id": "453301", "title": "", "text": "In general I'd say, yeah, if you can pay cash, pay cash. If you pay cash, then by definition you pay zero interest. If you get a loan, you'll pay interest. Most people get a loan to buy a car because they don't have the cash. Possible reasons not to pay cash when you could: One: Technically you can pay cash, but if you did, you would have little or no reserve for emergencies. Like if the car costs, say, $20,000.00, and you have $20,010.00 in your bank account, then technically you could afford to pay cash, but you probably shouldn't, because you don't want to have just $10 left. What if tomorrow something comes up? Two: Arguably, you have a place to invest money that pays more than the interest on the loan. Like say you can get a car loan for, whatever the going rate is today, say 6%. And you know a place to invest your money that is very safe and almost guaranteed to pay 10%. It would make sense to borrow to buy the car, invest the cash, and then withdraw money from the investment to make the payments on the car. You'd end up 4% ahead. There are a lot of catches to that strategy, though. The biggest is that the more the investment pays, the more likely that it is risky. If you thought the investment would pay 10% but it ends up paying only 4%, then you will lose money by this strategy. Also, there's the psychological element: Many people SAY and fully INTEND to invest their money, but then find other things they want to buy and so spend it instead. If you pay cash, you're committed."}
{"_id": "453305", "title": "", "text": "\"No magic answers here. Housing is a market, and the conditions in each local market vary. I think impact on cash flow is the best way to evaluate housing prices. In general, I consider a \"\"cheap\"\" home to cost 20% or less of your income, \"\"affordable\"\" between 20-30% and \"\"not affordable\"\" over 30%. When you start comparing rent vs. buy, there are other factors that you need to think about: Renting is an easy transaction. You're comparing prices in  a market that is usually pretty stable, and your risk and liability is low. The \"\"cost\"\" of the low risk is that you have virtually no prospects of recouping any value out of the cash that you are laying out for your home. Buying is more complex. You're buying a house, building equity and probably making money due to appreciation. You need to be vigilant about expenses and circumstances that affect the value of your home as an investment. If you live in a high-tax state like New York, an extra $1,200 in property taxes saps over $16,000 of buying (borrowing) power from a future purchaser of your home. If your HOA or condo association is run by a pack of idiots, you're going to end up paying through the nose for their mistakes. Another consideration is your tastes. If you tend to live above your means, you're not going to be able to afford necessary maintenance on the house that you paid too much for.\""}
{"_id": "453306", "title": "", "text": "&gt;For any dynamic enterprise, there's the innovator, and the investor who's money makes it real.  I think Stewart had 2 points here, though.  The first being that innovators innovate for the sake of innovating, the second being that a 2% increase in the capital gains tax is not going to force investors to look at Somalia for better investment opportunities."}
{"_id": "453312", "title": "", "text": "they can't keep putting out sustaining innovations. they need to tweak their business models to produce innovations that shake-up the market; disruptive innovations. they need to make sure their value propositions focus on the job consumers perform, and find ways to make those jobs simpler and more affordable."}
{"_id": "453318", "title": "", "text": "\"**Cycle of poverty**  In economics, the cycle of poverty is the \"\"set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention\"\".  The cycle of poverty has been defined as a phenomenon where poor families become impoverished for at least three generations, i.e. for enough time that the family includes no surviving ancestors who possess and can transmit the intellectual, social, and cultural capital necessary to stay out of or change their impoverished condition. In calculations of expected generation length and ancestor lifespan, the lower median age of parents in these families is offset by the shorter lifespans in many of these groups.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "453319", "title": "", "text": "This is a pretty good list, but there are several adjustments I'd make for investment banking specifically. The picture is slightly different for trading, consulting, and other business careers.  edit: I know for a fact that all bulge bracket investment banks recruit at Berkeley, UCLA, and CMU for IBD. I would say the big difference between target and semi-target is that, expending minimal effort, you can get into IBD from a target with a 3.5 GPA.  edit2: Liberal arts colleges are spread between the three categories. It really depends on the alumni network.  **Targets**: Harvard, *Penn*/Wharton, Princeton, MIT, Duke, NYU, Stanford, Columbia, Yale, Brown, Dartmouth, *Georgetown*, Cornell, *Northwestern*, Chicago, *Caltech*, and other top schools I might've left out (Amherst or other good liberal arts schools, I'm less familiar here)  **Semi-Targets**: *Berkeley*, *UCLA*, *CMU*, *USC*, Vanderbilt, *Georgia Tech*, UVA, UNC Chapel Hill, Notre Dame, Emory, Michigan, Indiana, Texas, etc. (think great state schools)  **Non-Targets**: You get the picture. Less recruiting here, but some might still get recruited at."}
{"_id": "453332", "title": "", "text": "Are you able to find on the net debts? Truly! There are various ideas on the net debts and that we are among the top notch referrers for you to accredited on the net banking institutions. If you would like emergency dollars, start here! When you really need typically the short-run economical flexibility pay a visit to internet site."}
{"_id": "453339", "title": "", "text": "\"INSULATOR MANUFACTURER   Suraj Ceramics is one of the largest manufacturer, supplier and exporter of Ceramic Insulator, Porcelain Insulator, Solid Core Insulator, Hollow Insulator, Overhead Line Insulator, Hollow Bushing, Transformer Bushings and Custom Made Insulators from India. Suraj Ceramics Industries Ltd. is an ISO 9001: 2008 Certified Company occupied in the manufacture of electro porcelain insulators. We are the prominent producer, supplier, exporter of Disc Insulator, Guy Insulator, Pin Insulator, Post Insulator etc. Our goods are supplied with a guarantee of superior performance and toughness. We have garnered all kinds of resources to meet the condition of the clients.   Our Assignment Announcement \"\"In Suraj Ceramic's selected business, we will maintain market management in India and guarantee to be globally aggressive through customer orientation and excellence in quality, modernization &amp; technology.\"\"   Our Forte some aspects that have enabled us to carve a niche for ourselves in our area of operations are: Scientific know-how for the supply of equipment. Professional resource utilization. Knowledge in co-coordinating the behavior with consultant, clients, government authorities and other associated agencies for smooth supplies in the projects. Experience of execute several prestigious supplies in public and private sector industries of high status. Ability and capability to accomplish high value turn-key projects. Ability to accept challenging supplies with very short notice on urgent situation basis.   Our Quality Endeavors Suraj Ceramics stand by the highest quality standards, ensuring that our customers receive premium quality products &amp; services. To ensure established standards of quality and achieve customer satisfaction, all our operations have adopted a streamlined program on quality control. All our operations &amp; processes, from the order finalization to the consignment delivery, hold on to ISO 9001 quality systems.  We attempt to raise our standards of product &amp; recital so as to achieve customer approval through excellence in quality. Leveraging on a well planned work process, quality is maintain at every stage of performance.   Tags: insulator, insulator suppliers, insulator manufacturer, insulator india, insulator exporters   http://insulators.co.in/insulators/insulator-manufacturer\""}
{"_id": "453346", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Wall Street may have its own Harvey Weinstein problem](https://np.reddit.com/r/talkbusiness/comments/7863i3/wall_street_may_have_its_own_harvey_weinstein/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "453371", "title": "", "text": "This is not allowed, and there is a name for it: IBAN discrimination. Searching for that term will give you some pointers what to do about it. The EU regulation that prohibits this is 260/2012, article 9, paragraph 2: A payee accepting a credit transfer or using a direct debit to collect funds from a payer holding a payment account located within the Union shall not specify the Member State in which that payment account is to be located, provided that the payment account is reachable in accordance with Article 3. You can report this at the relevant national authorities. In the Netherlands, this is De Nederlandsche Bank, which has a special e-mail address for this: meldpuntIBANdiscriminatie@dnb.nl"}
{"_id": "453382", "title": "", "text": "They're digitized now too on what's called an ECDIS (electronic chart display information system) that automatically updates but an actual ECDIS is expensive. There are plenty of other plotters and iPad programs and stuff that are available that can be updated as well but they're not approved for commercial navigation. A lot of professionals still use them though because they're handy and more intuitive."}
{"_id": "453394", "title": "", "text": "When you buy your list from eSalesData, we go the whole nine yards in ensuring that your data is a hundred percent fresh and accurate. Each list is run through 6 stages of verification and cross referencing against a master database prior to delivery. And that means you get only the cleanest, most recent list that guarantee you a bounce-free campaign."}
{"_id": "453408", "title": "", "text": "PKO Bank polski has  a feature of free incoming,outgoing transfer."}
{"_id": "453422", "title": "", "text": "&gt; The essential reason for this is that rising premiums in silver plans would trigger an increase in tax credits for low-income individuals whose premium-paying responsibilities are limited by the ACA.  So if I'm understanding this correctly, a reduction in subsidies for silver plan recipients would result in higher premiums overall, which would result in low-income individuals losing enough income to qualify for other tax benefit programs that would cancel out these higher premiums.   If that is the case, what an odd take on that scenario. It's finding the one silver lining in a very, very bad situation. The case described would push a lot of people off the cliff of self-sufficiency, and the headline makes that sound like a good thing?"}
{"_id": "453428", "title": "", "text": "\"Eh. A FICO change is more important than you think.  Underwriting waterfalls almost always include **minimum** FICO scores. This only really becomes important when you get into securitization and the standards (both GSE and Private-Label) required for MBS issuance. Because -- of course -- an underwriter can originate a loan and then hold it it on the books (this is very prevalent in non-conforming Jumbo loans).  That said, if you want to sell the whole loans to a GSE or private label, they have to meet underwriting requirements (Reps &amp; Warranties).   To your original answer: you're right that it probably won't make a difference but not because FICO doesn't matter. Moreso because there are only 9 million potential \"\"borrowers\"\" affected and that 9 million most likely doesn't constitute any real demand for mortgages.  This also ignores the possibility that FICO requirements in underwriting standards adjust to FICO 9; but I really doubt that they will.\""}
{"_id": "453431", "title": "", "text": "I work in logistics and in tandem with Amazon. Automated trucks is a LONG way down the pipe. They are not going to be able to implement that on a large scale for what I would imagine is at least 5-10 years. That's not to say it can't happen sooner, but with where we are at with the technology, that seems to be realistic."}
{"_id": "453450", "title": "", "text": "\"Its very much is a \"\"Amazon is taking over the world\"\" type article when that is far from the case.  More so it claims Amazon is taking over the infrastructure but supports the claim with nothing to support that actual claim. What they try to use is nothing more than points to a company growing and expanding.  A lot of the infrastructure Amazon is \"\"taking over\"\" is owned and operated by them.\""}
{"_id": "453455", "title": "", "text": "In the US the best way to solve the problem, IMHO, would be via a trust. Talk to a properly licensed trust/estate attorney and a tax adviser (EA/CPA licensed in your State). Using intermediary who's not a 501(c) organization may pose income tax issues to that intermediary as providing support to the needy is not a valid business expense. It may also pose gift tax issues, since the aggregate amounts may exceed the statutory exemption limits. Using a (non-revokable) trust you can avoid these issues, but others may come up (such as what to do with the trust income or undistributed moneys). Talk to the advisers about how to avoid them."}
{"_id": "453466", "title": "", "text": "Interesting. I've actually experimented with my Uber rating from time to time by tipping (in cash, obviously) every time for a week and then never tipping for a week. Tipping definitely does impact the rating (even though I can't imagine why I'd ever have deserved less than 5 stars every time, tip or otherwise).  I travel a lot, so I've also noticed that it depends on where you are - in certain areas tipping is expected, even if that's technically against the rules. I'm not sure how that expectation would change if the driver knew that he *may* have gotten a tip, but it would be an interesting experiment."}
{"_id": "453477", "title": "", "text": "ESPN get over $8 per subscriber per month. The next best channel is TNT with something like a $1.27. 45+% of Dis revenues comes from Cable operations, of which, I believe ESPN makes up half of that figure. Their streaming service might augment the declining revenue from Cable, but like I said, it's plugging a hole, but the boats still sinking."}
{"_id": "453480", "title": "", "text": "\"When we calculate the realized yield of a bond, we assume the coupons are invested at an interest rate. I assume it is some kind of vehicle that guarantees a return, thinking it is government bond, savings account or something. Investing in a benchmark bond index might be risky though for this \"\"interest rate\"\".\""}
{"_id": "453484", "title": "", "text": "For those who say that we should spend more in stimulus, I'd be interested to see your ballpark amount that would be ideal to spend and what the expected result would be.  I'm genuinely interested to see if there is a consensus range of spending/expectation out there."}
{"_id": "453487", "title": "", "text": "GMA would call back the notes provided they are able to find alternative funds at cheaper rates. Yes you are right the interest rates are at all time low ... however not one would lend me a Billion dollars, people have to trust me that I would be able to return the funds ... even if I am willing to pay 50% interest per annum, I would not get the funds ... Similarly GMA notes are unsecured notes, not backed by any assets. Further there is history to it ... in short today GMA is not in a position to get a cheaper funds available to them ... the day they get it, they will call in the older notes and maybe issues new notes or get some other form of funding"}
{"_id": "453513", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-23/brady-signals-retirement-changes-are-still-on-tax-writers-table) reduced by 60%. (I'm a bot) ***** &gt; Almost 12 hours after President Donald Trump ruled out changes to 401(k) retirement-savings plans, a top congressional tax writer indicated that retirement savings remains under review.  &gt; One alternative plan would call for people to fund their retirement with after-tax earnings, but allow them to withdraw the money tax-free later on, according to Senator Rob Portman, an Ohio Republican - essentially moving toward the model for &amp;quot;Roth&amp;quot; individual retirement accounts.  &gt; Giant asset managers such as Vanguard Group and Fidelity Investments have said they fear that cutting 401(k) tax deferrals to just $2,400 a year would reduce the American public&amp;#039;s notoriously low savings rate even more, jeopardizing their retirement income.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78ovy5/brady_signals_retirement_changes_are_still_on/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~234978 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **save**^#1 **retirement**^#2 **tax**^#3 **accounts**^#4 **income**^#5\""}
{"_id": "453514", "title": "", "text": "Care to support that. I first came to know Buffet in about 1996. No one in history had done what he did for that length of time. He has basically the same track record today, except it's longer.   He may have benefitted from some luck. But I think it's equally likely he did what he did in spite of bad luck. The only thing I'm certain he's been lucky at is being born with a unique memory and brain power."}
{"_id": "453521", "title": "", "text": "A stock dividend converts some of the reserves and surplus on the company's balance sheet into paid-up capital and securities premium account without involving any actual cash outflow to the shareholders. While cash dividends are eyed by the investors due to their cash yield, issuance of stock dividends are indicators of growing confidence of the management and the shareholders in the company.  The fact that shareholders want to convert free cash sitting on the balance sheet (which can ideally be taken out as dividends) into blocked money in exchange for shares is symbolic to their confidence in the company. This in turn is expected to lead to an increase in market price of the stock."}
{"_id": "453524", "title": "", "text": "This is what is called a Structured Product.  The linked page gives an overview of the relative pros and cons.  They tend to hold the bulk of funds in bonds and then used equity index futures and other derivatives to match returns on the S&P, or other indices tracked.  All combine to provide the downside protection. Note that your mother did not receive the dividends paid by the constituent companies.  She only received the capital return. Here is a link to Citigroup (Europe) current structured product offerings. Here is a link to Fidelity's current offerings of structured products. Here is Investopedia's article detailing the pitfalls. The popularity of these products appears to be on the wane, having been heavily promoted and sold by the providers at the time your mother invested.  Most of these products only provide 100% protection of capital if the market does not fall by a specified amount, either in successive reporting periods or over the life of the product.  There are almost as many terms and conditions imposed on the protection as there are structured products available.  I have no personal experience buying this type of product, preferring to have the option to trade and receive dividend income."}
{"_id": "453527", "title": "", "text": "are you being serious right now? anyone who lets their 4 year old have heroin is a terrible parent. in fact, i'm going out on a limb and saying anyone who lets their children have heroin before the age of 8 is just completely unfit."}
{"_id": "453539", "title": "", "text": "No, what they say is irrelevant.   This is something that can easily be analyzed by external parties. There are specific methods of doing business that are inherently political, such as working with local governments to seize property via eminent domain.   The how is a big topic, too big for this thread, but it's not required that we blindly trust business or government."}
{"_id": "453542", "title": "", "text": "Extortionate expense ratio aside, comparing the fund to the vanguard balanced fund (with an expense ratio of 0.19%) shows that your bank's fund has underperformed in literally every shown time period. Mind you, the vanguard fund is all US stocks and bonds which have done very well whereas the CIBC fund is mostly Canadian. Looking at the CIBC top 10 holdings does seem to suggest that it's (poorly) actively managed instead of being an index tracker for what that's worth. Maybe your bank offers cheaper transaction costs when buying their own funds but even then the discount would have to be pretty big to make up for the underperformance. Basically, go Vanguard here."}
{"_id": "453548", "title": "", "text": "Not sure about the US but in Canada, Costco website is useless. There is no link at all from the warehouses to the online presence. There is no way of checking whats in the warehouse, whats in stock or anything. Usually, what you see online isnt even available in the store."}
{"_id": "453549", "title": "", "text": "Dunn & Bradstreet offers detailed credit reports on businesses.  They are not cheap, but they appear to have information on RIOCAN."}
{"_id": "453572", "title": "", "text": "Fun Fact Followup: The war on terrorism is directly correlated to increases in measures to follow money that isn't being claimed as income (aka laundered). The acts being instituted to prevent the funding of terrorism have made cash increasingly difficult to spend and made the tracking of earnings more of a priority."}
{"_id": "453582", "title": "", "text": "\"Investopedia explains how a stock split impacts the stock's options: Each option contract is typically in control of 100 shares of an underlying security at a predetermined strike price. To find the new coverage of the option, take the split ratio and multiply by the old coverage (normally 100 shares). To find the new strike price, take the old strike price and divide by the split ratio. Say, for example, you own a call for 100 shares of XYZ with a strike price of $75. Now, if XYZ had a stock split of 2 for 1, then the option would now be for 200 shares with a strike price of $37.50. If, on the other hand, the stock split was 3 for 2, then the option would be for 150 shares with a strike price of $50. So, yes, a 2 for 1 stock split would halve the option strike prices.  Also, in case the Investopedia article isn't clear, after a split the options still control 100 shares per contract. Regarding how a dividend affects option prices, I found an article with a good explanation: As mentioned above, dividends payment could reduce the price of a stock due to reduction of the company's assets. It becomes intuitive to know that if a stock is expected to go down, its call options will drop in extrinsic value while its put options will gain in extrinsic value before it happens. Indeed, dividends deflate the extrinsic value of call options and inflate the extrinsic value of put options weeks or even months before an expected dividend payment.  Extrinsic value of Call Options are deflated due to dividends not only because of an expected reduction in the price of the stock but also due to the fact that call options buyers do not get paid the dividends that the stock buyers do. This makes call options of dividend paying stocks less attractive to own than the stocks itself, thereby depressing its extrinsic value. How much the value of call options drop due to dividends is really a function of its moneyness. In the money call options with high delta would be expected to drop the most on ex-date while out of the money call options with lower delta would be least affected. If a stock is expected to drop by a certain amount, that drop would already have been priced into the extrinsic value of its put options way beforehand. This is what happens to put options of dividend paying stocks. This effect is again a function of options moneyness but this time, in the money put options raise in extrinsic value more than out of the money put options. This is because in the money put options with delta of close to -1 would gain almost dollar or dollar on the drop of a stock. As such, in the money put options would rise in extrinsic value almost as much as the dividend rate itself while out of the money put options may not experience any changes since the dividend effect may not be strong enough to bring the stock down to take those out of the money put options in the money. So, no, a dividend of $1 will not necessarily decrease an option's price by $1 on the ex-dividend date.  It depends on whether it's a call or put option, and whether the option is \"\"in the money\"\" or \"\"out of the money\"\" and by how much.\""}
{"_id": "453596", "title": "", "text": "\"tl;dr: I agree with Pete B.'s assertion that you should continue shopping. That's not the whole story though; there are other factors that can raise your rate, and affect your closing costs. The published rate is typically the best rate you can get. Here are some other factors that can raise your rate: You should have received a loan estimate which will itemize the fees you will pay. On that document you will see if you are paying a price to \"\"buy down\"\" the rate, and all the other fees. How are you calculating the 2.5%? Note that some fees are fixed. An appraisal on a $40K home may cost the same as an appraisal for a $400K home. If you add up the total closing costs and view it as a percentage of the loan, the smaller loan may have a higher percentage than the larger loan, even though the total cost of the smaller loan is less.\""}
{"_id": "453604", "title": "", "text": "This is a retarded statement.  Excel was never meant to be used for gigantic complex models based on large data sets but it's still incredibly valuable.  I've been using it for 20 years in my career and when it comes to building quick and dirty analyses and forecasting models I will run circles around anybody trying to use R or Python."}
{"_id": "453606", "title": "", "text": "\"I think your logic is flawed when you say CD's are \"\"better than records\"\" I hope you are not talking about sound quality...Unless you are working with Blu-ray quality audio files on those CD's (which I can assure you are not going for 25 cents to $1). Again assuming we are not talking about Blu-ray quality CD's compress the audio file down thus sacrificing the quality of the sound.   your cited source even says \"\" are many examples where a vinyl record may sound better than its equivalent CD for extremely specific reasons. Conversely, there are many CD's that may sound better than a vinyl record for specific reasons.\"\"\""}
{"_id": "453610", "title": "", "text": "\"I think anyone who is seriously contemplating a real estate purchase needs to sit down and read some history -- in particular the accounts of the 1930's and what happened to people who jumped into real estate in the midst of the depression.    If you're not aware: by and large, what happened is they lost their asses: the property continues to fall in value, and then they're on the hooked for increasing taxes as local and state governments raise taxes in a desperate attempt to plug budget holes.  And, of course, interest rates are headed nowhere but up.  That will inversely impact your home's value, given that most people buy homes exactly like you're thinking about them: not how much the home is worth, but rather how much payment can you afford (as rates go up, you can afford less).  A contemporary piece which has lots of accounts of this over multiple years is [The Great Depression - A Diary](http://www.amazon.com/The-Great-Depression-A-Diary/dp/1586489011).  IMHO real estate is to be avoided until well after a bottom has been reached, and that's IMHO still some years away.  Someone coming out of college now should ferret away as much money as possible, live as cheaply as possible, and stay far, far away from thoughts of \"\"gee, it sure would be a good idea to go drop half a million dollars on a house when I'm making $70K.\"\"  While you're predicting raises and employment, neither is safe to take for granted.  Indeed, many folks thought that in the late 00's and got absolutely destroyed financially as a result.\""}
{"_id": "453619", "title": "", "text": "\"That's because the one guy in Portland who knows Thai food has gone down the rabbit hole and knows what Thai food is on a very deep level. He's friends with biggest Thai foodies on the planet. He knows far more about Thai fold than the average Thai person in Thailand.  I haven't eaten at his restaurants, but I assume they're good...I also assume he has problems still due to ingredients and the palate of his customers.   Everywhere else in America, including the rest of Portland, the people have trouble securing good ingredients or have forgotten what Thai food even tastes like (Thai Town). I took Thai friends to multiple places in Thai town--all the best reviewed ones...by Americans--and they were basically disgusted.   Thai food is one of those types of food that can taste pretty good even when it's the lowest quality, most haphazardly formed dish on the market. In America, families tend to form restaurants where they serve a million different types of dishes, which becomes a logistical nightmare when there aren't good markets that have what you need.   In Thailand, many of the best places specialize in very few dishes on an expert level. In Thailand, for every one place that specializes in something like beef noodles that is utterly amazing, there are ten beef noodles places that taste okay and a tourist is likely to assume whatever beef noodles they have is as good as it gets....unless they're lucky enough to stumble upon the mind blowing beef noodles.   In America, most of the Thai restaurants serve a million different types of dishes. They all remind me of the restaurants you see in the more tourist heavy parts of Bangkok where there are a million pictures on the wall with the advertised prices and a ton of different dishes, none of which are exceptional.  In Thailand, if a place is serving a lot of different dishes, most of those restaurants will be marginal. Or! they'll have a lot of different dishes from a specific region (E-San, for example) or serving a particular style of food which they are experts in (duck restaurants in Thailand often have a lot of other Chinese dishes that accompany the duck). That's hard to do. For every one of those in Thailand, all will taste decent, 1/10 will be mind blowing.   In the US, you don't even have beef noodle places or duck rice places...you have \"\"Thai restaurants\"\" made by people who left Thailand long ago, only to return to eat at the same restaurants tourists walk into.\""}
{"_id": "453624", "title": "", "text": "\"Historically, Banks are mandated to take relatively safe risks with their money.  In exchange, they gain a de-facto permission to invent new money.  They have regulations about what mix of assets they are permitted to own.  Real estate speculation will be in a different category than a mortgage to someone with good credit. Second, mortgages with a secured asset are pretty safe almost all of the time.  That person might stop paying their mortgage, but it is secured; when that happens, the bank gets the secured asset (the right-to-apartment or house or what have you). In a sense, the bank loses only if both the person paying the mortgage is less creditworthy than they look, and the secured asset cannot recoup their losses. In comparison, the person paying the mortgage loses if the secured asset cannot recoup their losses. The bank is buffered from risk two fold.  What more, the bank uses the customer to determine what to invest in. Deciding what to do with money is expensive and hard.  By both having a customer willing to put their good credit on the line and doing due diligence on the apartment, the Bank in effect uses you as a consultant who decides this may be a solid investment.  Much of the risk of failure is on you, so you have lots of incentive to make a good choice. If the Bank was instead deciding which apartment where worth buying, who would decide?  A bank employee, whose bonus this year depends on finding a \"\"great apartment to invest in?\"\", but the consequence of a bad choice doesn't show up for many years?  The people selling the bank the apartments? Such a business can exist.  There are real estate companies that take money, and invest it in real estate.  Often the borrow money from Banks secured against their existing real estate and use it to build more real estate.  (Notice the bit about it being secured against existing real estate; things go south, Bank gets stuff). The Bank's indirect investment in that apartment in the current system is covered by appraisals, the seller, the mortgage holder, and the system deciding that the mortgage holder is creditworthy. Banks sell risk.  They lend you money, you go off and do something risky with it, and they get a the low-risk return on investment of your loan.  Multiple such low-risk investments provides them with a relatively dependable stream of money, which they give out to their bondholders, deposit account customers, shareholders or what have you. When you take a mortgage out for that, you are buying risk from the bank.  You are more exposed to the failure of the investment than they are.  They get less return if things go really well.\""}
{"_id": "453625", "title": "", "text": "Are you going to South Africa or from?  (Looking on your profile for this info.) If you're going to South Africa, you could do worse than to buy five or six one-ounce krugerrands.  Maybe wait until next year to buy a few; you may get a slightly better deal. Not only is it gold, it's minted by that country, so it's easier to liquidate should you need to.  Plus, they go for a smaller premium in the US than some other forms of gold. As for the rest of the $100k, I don't know ... either park it in CD ladders or put it in something that benefits if the economy gets worse. (Cheery, ain't I? ;) )"}
{"_id": "453627", "title": "", "text": "If you want to pay them off as quickly as possible, pay the minimum payment on the larger two and dump as much as you can into the one with the 8.75% interest.  Then, even though it has a slightly lower interest rate, I would attack the one with the next smallest balance after that, while continuing to make the minimum payment on the one with the largest balance."}
{"_id": "453634", "title": "", "text": "\"Eh - no problem at all. Wait a decade or two and they'll train up the best engineers in the world.    Remember that Germany began its process of industrialization by making cheap knock-offs of British goods, and that Japanese products were considered sub-par crap as recently as the 1960's (integral to one of the most memorable jokes in the first \"\"Back to the Future\"\" movies.)\""}
{"_id": "453635", "title": "", "text": "&gt; You need to look at where the profits are coming from.  Sure.  If profits are coming from non-recurring revenue sources, then it isn't a great indication of ongoing profitability.  If, on the other hand, profits are coming from lean staffing, low costs and a focus on the bottom line...then you're talking about how a well-run business is operated.  It has been a long time since I worked on the floor of an IB so I can't speak to work happiness these days, but I do know that much of the exodus is in the form of people leaving for the buyside (as always), or for greener pastures working on FinTech out in SF."}
{"_id": "453639", "title": "", "text": "(All for US.) Yes you (will) have a realized long-term capital gain, which is taxable. Long-term gains (including those distributed by a mutual fund or other RIC, and also 'qualified' dividends, both not relevant here) are taxed at lower rates than 'ordinary' income but are still bracketed almost (not quite) like ordinary income, not always 15%. Specifically if your ordinary taxable income (after deductions and exemptions, equivalent to line 43 minus LTCG/QD) 'ends' in the 25% to 33% brackets, your LTCG/QD income is taxed at 15% unless the total of ordinary+preferred reaches the top of those brackets, then any remainder at 20%. These brackets depend on your filing status and are adjusted yearly for inflation, for 2016 they are: * single 37,650 to 413,350 * married-joint or widow(er) 75,300 to 413,350 * head-of-household 50,400 to 441,000 (special) * married-separate 37,650 to 206,675 which I'd guess covers at least the middle three quintiles of the earning/taxpaying population.  OTOH if your ordinary income ends below the 25% bracket, your LTCG/QD income that 'fits' in the lower bracket(s) is taxed at 0% (not at all) and only the portion that would be in the ordinary 25%-and-up brackets is taxed at 15%. IF your ordinary taxable income this year was below those brackets, or you expect next year it will be (possibly due to status/exemption/deduction changes as well as income change), then if all else is equal you are better off realizing the stock gain in the year(s) where some (or more) of it fits in the 0% bracket. If you're over about $400k a similar calculation applies, but you can afford more reliable advice than potential dogs on the Internet. (update) Near dupe found: see also How are long-term capital gains taxed if the gain pushes income into a new tax bracket?  Also, a warning on estimated payments: in general you are required to pay most of your income tax liability during the year (not wait until April 15); if you underpay by more than 10% or $1000 (whichever is larger) you usually owe a penalty, computed on Form 2210 whose name(?) is frequently and roundly cursed. For most people, whose income is (mostly) from a job, this is handled by payroll withholding which normally comes out close enough to your liability. If you have other income, like investments (as here) or self-employment or pension/retirement/disability/etc, you are supposed to either make estimated payments each 'quarter' (the IRS' quarters are shifted slightly from everyone else's), or increase your withholding, or a combination. For a large income 'lump' in December that wasn't planned in advance, it won't be practical to adjust withholding. However, if this is the only year increased, there is a safe harbor: if your withholding this year (2016) is enough to pay last year's tax (2015) -- which for most people it is, unless you got a pay cut this year, or a (filed) status change like marrying or having a child -- you get until next April 15 (or next business day -- in 2017 it is actually April 18) to pay the additional amount of this year's tax (2016) without underpayment penalty. However, if you split the gain so that both 2016 and 2017 have income and (thus) taxes higher than normal for you, you will need to make estimated payment(s) and/or increase withholding for 2017. PS: congratulations on your gain -- and on the patience to hold anything for 10 years!"}
{"_id": "453641", "title": "", "text": "\"My revised, bottom-line advice: offer to send a 2nd payment (preferably in the form of money order or cashier's check) for the difference you are agreeing to pay. I cannot imagine any reason why they would object to this - there is no fee to cash a check, there's less risk of error, and less work involved. Alternatively, offer to send a new check only once the other has been returned. Don't issue one more full-amount check while the other is still outstanding. There is a good reason not to accept partial payment by them, which is that accepting a partial payment of a debt comes with a varieties of strings attached depending on the nature of the debt (such as with evictions, court processes may need to be restarted, etc). They likely want to avoid such a situation - but this does not provide any support for why they can't just take a second payment and then cash it all at once as a single, full settlement of the debt. In a perfect world, you could skip all the non-sense by simply having your bank put a stop-payment on the old check before sending a new one. Unfortunately, this might not work with 100% accuracy - but in your case if the \"\"partial payment\"\" is a significant amount of money to you, I'd go ahead and spend the $20-40 to put in the order now as an extra safety on them not doing what they claim, if for some incredibly stupid reason you can't handle this with a 2nd payment instead of one single full one. It turns out banks have lots of surprising and stupid rules, like stop payments on a check expiring in 6 months (and they may even cash stale checks over a year old), no guarantee of a stop being successful, etc. The real rule is: they might cash the check unless you close the account. Sigh - this is one of many reasons I never, ever use checks. I am not aware of any law that requires a check to be physically returned if requested, or proof or destruction provided, or anything like that. It's a large part of the reason why we have the ability to stop payment on a check, and so void it through the bank without having any physical access to the check - but this process is spotty and imperfect, and cannot be relied upon. You can request them to do whatever you like, like void it and send it back, or destroy it, and they can just refuse - or say they'll do it and then just not do it, and you have no real useful recourse. The main goal should be to avoid losing money if someone \"\"accidentally\"\" (or intentionally) cashes both checks. So you can ask, or demand (refuse to pay until they return the check), etc - and they can respond more or less any way they want. As a final piece of future advice, consider no longer using checks for purposes like this. Switch to using something like a cashier's check or money order offered by your bank, which (by their very nature) takes the money out of your account immediately, severs all ongoing connection to your bank account, and is effectively like cash with the added benefit of a paper trail. Keep the stub and and receipt from the cashier's check/money order, in case it is lost or they claim they didn't get the money.\""}
{"_id": "453653", "title": "", "text": "You're asking all the right questions, and if I worked for my landlord's company I might have an answer! I imagine they're capitalizing on people's laziness. I live in the Bay Area where some people probably don't mind paying $35 to not have to walk 100 feet to the office and drop off a check."}
{"_id": "453656", "title": "", "text": "you are discounting the cash used, the discount rate for cash should be whatever you determine is your risk premium over the risk free rate not the equity growth rate. if equity growth rate is above your determined required return the equity investment is wealth destroying and if it is above that then it is wealth increasing.   The difficulty I see is that the scenario is all wrong, what you are really after is a rent vs buy decision. Do I take this money and rent a place or do I buy a house? In either case you could invest the remainder after paying your rent/mortgage in the equity market no?  So what really matters is the difference in cost between renting and buying.   Let  (EGR)=equity growth rate  Rent = rent M = Mortgage payment  I = income  HA =  home value appreciation  Now the question is is renting or buying a better decision two scenarios, renting first  PMT =(I - rent)  I/y = (EGR)  N =Time horizon in years  FV= Gain from cf left after paying rent    then discount to present day at your required rate of return to find present value  now scenario for buying, this is more complicated because you are investing two different cf streams at different rates and have to calculate both and add them together.  1) CF 1 the mortgage payments buy you equity in the house which appreciates (hopefully) but can be extremely volatile. This is the cf stream scenario one doesnt have, when renting the rent payments poof disappear forever and you earn nothing on them 2) The income left after mortgage payment which can be invested at the market rate measured the same way as above. **This is extremely simplistic and doesnt take into account expected maintenance, property taxes and other costs intrinsic to the investment. It also doesnt take into account the lost down payment setting you well behind the renter.   TL DR: It is complicated but you determine the required return(discount rate) based on the perceived risk of the investment and your particular views  and it doesnt matter what expected growth rates are since any investment with an expected growth rate below your required rate is wealth destroying since you are paying for something which returns cash flows too small for its risk level. If you use growth rates as discount rates then all your investments will net to zero"}
{"_id": "453668", "title": "", "text": "\"Every one of those articles correctly point out that $3.7 trillion is **the size of a bond market**. Not one calls them a **\"\"business worth $3.7 trillion.\"\"**  The size of a market is not not the value of a business.  I guess even after all this you're still unable to grasp that.  His quote: \"\"The banks achieved this gigantic rip-off by secretly colluding to rig the public bids on municipal bonds, **a business worth $3.7 trillion**\"\".   Are you really too dumb to understand the difference between \"\"a business worth $3.7 trillion\"\" and the value of an entire market? The derivatives market is \"\"worth\"\" on the order of hundreds of trillions. Which businesses exactly are worth that much?  This is the type of ignorance that Taibbi articles relies upon to make them work. I'm done here since you see two numbers that are the same and conclude they mean the same thing.\""}
{"_id": "453684", "title": "", "text": "It's almost as though there are violent people and some of them happen to be liberal, whereas conservatives start thinking about armed insurrection as soon as a president they disagree with for reasons they themselves don't even understand (considering they magically support his policies as soon as he leaves office) takes power."}
{"_id": "453693", "title": "", "text": "For Govt Employees receiving Leave Encashment as part of retirement or separation; there is no tax applicable for the leave encashment. Refer Income Tax"}
{"_id": "453714", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/8/18/16162234/regional-inequality-cause) reduced by 89%. (I'm a bot) ***** &gt; In the contemporary United States, zoning restrictions that prevent adequate levels of house building mean that much of the higher incomes earned in rich states simply pass through in the form of higher housing costs.  &gt; Two big shifts in migration and economics This set of four charts in Ganong and Shoag&amp;#039;s paper tells the fundamental story - in the old days, there was a strong tendency for poor states&amp;#039; per capita incomes to grow faster than those of rich ones and an equally strong tendency for people to move away from poor states to go live in rich ones.  &gt; The housing fix for regional inequality entails more rather than less concentration of economic activity in rich coastal metro areas.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ujy5s/the_real_driver_of_regional_inequality_in_america/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194007 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **state**^#1 **rich**^#2 **income**^#3 **move**^#4 **housing**^#5\""}
{"_id": "453717", "title": "", "text": "\"&gt;So perhaps what people mean when they say \"\"bankrupt\"\" is that, if the government were any other group of citizens, it would be bankrupt.  Unlike treasury securities, no one is owed any debt from social security. All you have is empty promises from politicians.\""}
{"_id": "453718", "title": "", "text": "Hi LY!  I have not been to SE Asia yet, so I do not know how important or possible this is, but being able to charge devices is usually pretty important when traveling.  Is it possible to run a 5v or 12v charger from your bike's electrical system?  Others please chime in on..."}
{"_id": "453765", "title": "", "text": "Have a look at the reviews of the New York Times on the kindle:  http://www.amazon.com/The-New-York-Times/dp/B000GFK7L6  In summary:  Many of the stories are missing, it costs $27.99 per month, maximum of one photo per story - all charts and graphs are omitted.  All in all, I wouldn't buy it.  (For reference, I subscribe to the weekly Science journal for $50 per year.)"}
{"_id": "453771", "title": "", "text": "\"Having worked as a vendor at different Walmart I will say the Whole Foods deal is horrible business, on top of that why is everyone acting. Like amazon makes money on retail? They are yet to make money on it and the only thing that made amazon profitable was AWS and only a few years ago.  Walmart actually makes money, and if they have a better chance to survive and beat amazon than people give them credit for. Amazon on the other hand never been in the physical store gig, it's a whole different ball game out there, they can't even compete on price. From a proven track record business perspective I say amazon is building their business strategy on hope prayer and a string if they think they can turn Whole Foods around from the business model disaster they operate on.  And Walmart has slowly began realizing that to survive they need to become Kroger in their grocery business.\"\", and they been pushing that a lot out there it's working for them.  There's also the issue of market fragmentation, walmart doesn't operate in the same market segment as target or Whole Foods, and they have failed to push their business into places they would be successful. Walmart main competitor isn't target or amazon, it's grocery stores and dollar general.\""}
{"_id": "453784", "title": "", "text": "\"No to both. The deposit refund is not taxable, but in states where security must earn interest, that small amount is subject to tax. I just returned a $750 deposit to a tenant, and after a year, it accrued $0.24.  A rebate of fees you pay such as ATM fees is just you getting back your own money. As is \"\"cash back\"\" on credit card purchases. Not taxable.\""}
{"_id": "453814", "title": "", "text": "Ok, so you like posting on reddit.   but you won't actually do the work to make sure you're making sense or are correct.  Gotcha.   I'm someone who knows her in real life. As I've stated in this thread elsewhere, her and I have disagreed on things we've talked about professionally, we don't work togeather, but I respect her success, and my ONLY purpose here is to talk about how most of you are calling her out for sounding dumb, and accusing her of not knowing anything, when she actually DOES!  You may not agree with her perception of the world as it is. You may not like what she's suggesting.  And I have had disagreements with her on other topics,  but watching people look like complete assholes and accusing her of ignorance when she isn't, and its EASY to find that out... is what I can't stand."}
{"_id": "453827", "title": "", "text": "I'm not the tech guy here (you'll get plenty of feedback, trust me). I just wanted to say it's an awesome entrepreneurial idea here, because this is such a difficult field to first begin reading about. It's admirable what you're making and I hope it takes off. Really clever branding as well!"}
{"_id": "453829", "title": "", "text": "At the most basic level, the employee is getting a share of ownership in the company and would get a percentage of the sales price. That said, as littleadv alluded to, different share classes have different priorities and get paid in different orders. In a bankruptcy, for example, some classes almost never get paid in practice because they are so far down the ladder of priority.  The first step you should take would be to try to clarify what you are getting with the company itself. Failing that, contact a financial professional or an attorney in your area who can read the terms and give you a better understanding of the contract before you sign."}
{"_id": "453839", "title": "", "text": "For most goods there is no license required, unless you are trading in restricted goods. Remittance need to be routed via banks and they should comply with FMEA. Your Bank or a qualified CA can guide you."}
{"_id": "453847", "title": "", "text": "Generally, interest-only mortgages are a bad idea, because a lot of people get them so that they can buy more house than they could otherwise afford (lower payment = affordable, in their minds).  If the house continues to go up in value, they probably get away with it, because when the balance becomes due, they can refinance.  However, the last few years has shown how risky that strategy can be, and this kind of things is what cost a lot of people their houses. In your case, if the house is something you could afford on a regular 15 or 30-year mortgage, and you really are as disciplined as you say you are, you might get away with it.  But you have to take into account the risk, and consider what happens if there is a job loss or similar difficulty in the future. Another thing to consider is the term of the mortgage.  How many years will you get this lower interest rate?  Interest rates are at historic lows right now, and pretty much everyone thinks they're going up soon.  You might be better off locking in a higher rate for 15 years."}
{"_id": "453913", "title": "", "text": "Yes, this phenomenon is well documented.  A collapse of an economy's exchange rate is coincidented with a collapse in its equities market.    The recent calamities in Turkey, etc during 2014 had similar results. Inflation is highly correlated to valuations, and a collapse of an exchange rate is highly inflationary, so a collapse of an exchange rate is highly correlated to a collapse in valuations."}
{"_id": "453915", "title": "", "text": "The safest way is to not sign contracts with terms that are onerous to you."}
{"_id": "453917", "title": "", "text": "I don't think it's a coincidence that many of the people who voted for, and continue to support Trump also believe in the prophesies of Nostradamus.  Anything Trump says is so vaguely worded it could mean almost anything.  For instance, his whole $12 a month thing could be construed, with enough tweaking, to mean Medicare, as that's about what someone working part time in a minimum wage job would be paying for medicare.  So, you see? It makes perfect sense."}
{"_id": "453919", "title": "", "text": "&gt;This goes on until they simply drop dead. Substitute debt for alcohol and you have our situation exactly.  *Exactly.* It is well known that the US entered an unprecedented depression after its unprecedented borrowing during World War 2. It is all very simple and easily predicted."}
{"_id": "453936", "title": "", "text": "While you can borrow money from a 401(k) for your home down payment, there are disadvantages, including but not limited to: The 401(k) is designed as a way to save for retirement. Smaller contributions and balances (due to the loan) in your account will add up and significantly reduce your balance over time. If you lose your job you will have to pay back the loan quickly, within 60 days. Interest on the 401(k) loan is also not tax-deductible, even if you're using it to pay for a home. My advice: max out any employer contributions to your 401(k) because it's free money. After that, extra savings for a house should be in a separate account."}
{"_id": "453941", "title": "", "text": "I have been through default in Ukraine august 1998. That was a real nightmare. The financial system stopped working properly for 1 month, about 30% of businesses went bankrupt because of chain effect, significant inflation and devaluation of currency. So, it is better to be prepared, because this type of processes result in unpredictable situation."}
{"_id": "453948", "title": "", "text": "In computing, you'd generally return naa%, for 'not a number'. Could you not put '-%' to show there is no value at this point? Surely the people seeing this aren't idiots and understand the charge on 0 is 0?"}
{"_id": "453950", "title": "", "text": "Start ups are a con if you're the employee that does all the work and finds that the company has no ground to stand on.  In that case, you're closer to an idiot for taking the job in the first place than anything else.  This isn't a stab at start ups being a horrible investment:  This is a stab at the people that take up a job that ends up making them the backbone of all of it and they just keep on trucking to make it happen without consideration to their value."}
{"_id": "453955", "title": "", "text": "That's kind of my point, though. The Segway was marketed as a revolution to the entire world of transportation, something that would change life as we know it. But all it did was provide a useful gadget to a few small niches. The reality is nice, but it didn't come close to the hype."}
{"_id": "453956", "title": "", "text": "Owing taxes to two or more levels of government isn't double taxation. It's a feature of the American union. I'm not for this bill in general, mostly for the timing and the loss of the highest bracket, but both the state and federal governments have to generate revenue, and basing rates on pure incomes with a few loopholes as possible is the most progressive way to do it. By owing taxes unadjusted for other taxes paid, there's more incentive for states to lower local taxes and to balance state programs with federal programs, and for state reps to more fairly redistribute federal transfers instead of targeting states with (usually artificially) low local taxes and fewer state programs (usually Republican)."}
{"_id": "453961", "title": "", "text": "\"Is it possible if (After getting EIN) I change my LLC type   (disregarded entity or C type or S type or corporation or change in   number of members) for tax saving ? You marked your question as \"\"real-estate\"\", so I'm guessing you're holding rental properties in your LLC. That means that you will not be able to qualify for S-Corp, only C-Corp treatment. That in turn means that you'll be subject to double taxation and corporate tax rate. I fail to see what tax savings you're expecting in this situation. But yes, you can do it, if you so wish. I suggest you talk to a licensed tax adviser (EA/CPA licensed in your State) before you make any changes, because it will be nearly impossible to reverse the check-the-box election once made (for at least 5 years).\""}
{"_id": "453963", "title": "", "text": "I place 90% of the blame on Carly, and then the board: that bitch was primed by her contract to gut and fillet the company.  When a board links a CEOs remuneration to annual profit, it makes unscrupulous individuals do things which have clear and obvious negative long term impacts, but which will hike the annual profit for THIS year and another YEAR or so, but then turn badly negative.  Because Carly is a little bitch, and wanted to extract as much money as was humanly possible from her position at HP, she embarked on the most disastrous set of actions possible.  The direct result is what we see now.  CEO compensation should NEVER be linked to profitability for an individual year, but to their performance throughout their tenure, and then beyond.  It's my belief a CEO should take a base salary of no more than 50 times the MEAN worker's salary is. NOT the average. Because that simply encourages the board to enrich the management team, rather than the workers.  If the company is profitable for a single year, CEOs should receive a large bonus - say no more than 20 times the MEAN salary at the company.  AND 3 years AFTER the CEO leaves, he'd be entitled to another round of payments base on long term performance of the company. This means CEOs have a duty and a very large responsibility to ensure that their replacement is actually a better CEO than they are!  When board members leave, there's no incentive to them personally, to ensure their replacement is even capable, let alone excellent.  The other issue I have with CEOs is their stock options, or stock grants. I believe all companies should have strict rules about stock ownership by the board. They must own a certain number of shares, and those shares must be purchased before they join the board, and demonstrably NOT by any mechanism which the company pays for.  Directors and officers with no personal investment interest in the performance of the company are a concern."}
{"_id": "453965", "title": "", "text": "\u201c... Have you seen fucking L.A\u201d and  \u201c... Arkansas\u201d. Sure, that\u2019s how it is. I guess the analysis from OP\u2019s link is a future where the world keeps developing. Taking the bus in Sicily when I first went there 25 years ago, was virtually impossible. It came when the driver felt like it, and it went to to/from a very limited amount of locations. Today it\u2019s not a problem at all from early morning to early evening. I guess that in a few years, it will change even more. For the better."}
{"_id": "453970", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [General Motors Posts a Loss From Asset Sale, but Shares Rise](https://np.reddit.com/r/talkbusiness/comments/78pjq1/general_motors_posts_a_loss_from_asset_sale_but/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "453974", "title": "", "text": "Quite interesting.  I'd like to see an interview of someone who pays $10k a month for a Zynga game.  They haven't really described the demographic of the customer who is like that.    This reminds me a lot of the Starbucks phenomenon, more so than casinos.  People are willing to spend $4 per latte, spending maybe $50 a month, on an impulsive, addictive purchase."}
{"_id": "453976", "title": "", "text": "\"I'm going to give a simpler answer than some of the others, although somewhat more limited: the complicated loan parameters you describe benefit the lender.  I'll focus on this part of your question: You should be able to pay back whenever; what's the point of an arbitrary timeline? Here \"\"you\"\" refers to the borrower.  Sure, yes, it would be great for the borrower to be able to do whatever they want whenever they want, increasing or decreasing the loan balance by paying or not paying arbitrary amounts at their whim.  But it doesn't benefit the lender to let the borrower do this.  Adding various kinds of restrictions and extra conditions to the loan reduces the lender's uncertainty about when they'll be receiving money, and also gives them a greater range of legal recourse to get it sooner (since they can pursue the borrower right away if they violate any of the conditions, rather than having the wait until they die without having paid their debt). Then you say: And if you want, you can set a legal deadline. But the mere deadline in the contract doesn't affect how much interest is paid\u2014the interest is only affected by how much money is borrowed and how long has passed. I think in many cases that is in fact how it works, or at least it is more how it works than you seem to think.  For instance, you can take out a 30-year loan but pay it off in less than 30 years, and the amount you pay will be less if you pay it off sooner.  However, in some cases the lender will charge you a penalty for doing so.  The reason is the same as above: if you pay off the loan sooner, you are paying less interest, which is worse for the lender.  Again, it would be nice for the borrower if they could just pay it off sooner with no penalty, but the lender has no reason to let them do so. I think there are in fact other explanations for these more complicated loan terms that do benefit the borrower.  For instance, an amortization schedule with clearly defined monthly payments and proportions going to interest and principal also reduces the borrower's uncertainty, and makes them less likely to do risky things like skip lots of payments intending to make it up later.  It gives them a clear number to budget from.  But even aside from all that, I think the clearest answer to your question is what I said above: in general, it benefits the lender to attach conditions and parameters to loans in order to have many opportunities to penalize the borrower for making it hard for the lender to predict their cash flow.\""}
{"_id": "453987", "title": "", "text": "It's a good point and I think you answered the question yourself, most IPOs don't have the option.  There is a real risk of an undersubscribed IPO, which can be a real problem for a company since they can't easily go back to the market for money.    Facebook might have a tough time issuing an IPO under the current market conditions, especially following Zynga's weak showing.  They might feel safer with a traditional IPO."}
{"_id": "454026", "title": "", "text": "Wow you guys sling dirt wherever you can.  This is exactly the kind of garbage that pushed me to vote for Trump after nearly 20 years of party line voting for Democrats.  The people pushing the leftist agenda are the most vile reprehensible creatures Ive ever come across and if they want Democrats in power I certainly dont."}
{"_id": "454030", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/BusinessHub] [Honest day-in-the-life of a sell-side trader. Also AMA. \u2022 /r/finance](http://np.reddit.com/r/BusinessHub/comments/2cfc6s/honest_dayinthelife_of_a_sellside_trader_also_ama/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "454031", "title": "", "text": "You're trying to change the subject. I guarantee to you, the amount of interference in your life, and death, would be FAR less intrusive with single payer, which is at least in responsible nations - accountable to the public. What we have now is forced privatization. Which means a total lack of accountability, why? Because the insurance industry and drug industry claim they need it in order to be profitabe WHICH IS BULLSHIT.  Nobody is calling them out on this,  so, what we're getting is Obama's Chicago school **[neoliberal right wing ideology](http://www.corpwatch.org/article.php?id=376)** being forced on this country - AND [other countries](http://ttip2014.eu) - [because of trade policy](http://citizen.typepad.com/eyesontrade/2013/11/38-million-retirees-say-no-to-a-trade-deal-that-would-make-medicine-more-expensive.html), even when they know it can't work!  Its a race to the bottom that is only going to get worse. IT [wastes quite conservatively AT least a third](http://www.pnhp.org/resources/pnhp-research-the-case-for-a-national-health-program), much more probably more than half of every health care dollar. Thats the facts.   It worthless arguing with you, though, because you're not listening."}
{"_id": "454035", "title": "", "text": "\"Agreed on all points.  You're still not saving a TON of money, given that you have to have a reasonable balance of salary/distributions, but an S-corp is the way to go if you're making substantial profit in order to save tax money.  I'll reiterate (my wife is a CPA and she guides me on my business) - you can't legally save \"\"untaxed earnings\"\" for next year.\""}
{"_id": "454056", "title": "", "text": "&gt;ever heard of unions? They love seniority.  One of the main reasons why labor intensive manufacturing has left the midwest and new england. Unionized industries like airlines and auto manufacturing have seen most major firms go bankrupt in the last decade.  &gt;Over time, this is how asian countries will take over with their education and work ethic being at the top of their values.  This could happen but I think Asian aversion to innovation will prevent them from racing past the US. Becoming a developed country shouldn't really be that hard. There is an easy playbook followed by Japan, South Korea etc. Leading the global economy in a rich country is a much more difficult task.  &gt;and as for those who went to college, did poorly, picked bad majors, and are wondering why the fact they went to college isnt landing them a plush job, welcome to how it has always been. Just doing the minimum of going to college hasnt been enough for a very long time and people were naive to think that there was ever a golden path or ticket to success.  This is Obama's base: entitled whiners who need the government to give them goodies because they have no marketable skills."}
{"_id": "454068", "title": "", "text": "This will be a complex issue and you will need to sit down with a professional to work through the issues: When the house was put up for rent the initial year tax forms should have required that the value of the house/property be calculated. This number was then used for depreciation of the house. This was made more complex based on any capital improvements. If the house wasn't the first he owned, then capital gains might have been rolled over from previous houses which adds a layer of complexity.  Any capital improvements while the house was a rental will also have to be resolved because those were also depreciated since they were placed in service. The deprecation will be recaptured and will be a part of the calculation. You have nowhere near enough info to make a calculation at this time."}
{"_id": "454072", "title": "", "text": "If the APR is an effective rate. If the APR is a nominal rate compounded monthly, first convert it to an effective rate."}
{"_id": "454082", "title": "", "text": "\"This scheme doesn't work, because the combination of corporation tax, even the lower CCPC tax, plus the personal income tax doesn't give you a tax advantage, not on any realistic income I've ever worked it out on anyway.  Prior to the 2014 tax year on lower incomes you could scrape a bit of an advantage but the 2013 budget changed the calculation for the tax credit on non-eligible dividends so there shouldn't be an advantage anymore. Moreover if you were to do it this way, by paying corporation tax instead of CPP you aren't eligible for CPP. If you sit with a calculator for long enough you may figure out a way of saving $200 or something small but it's a lot of paperwork for little if any benefit and you wouldn't get CPP. I understand the money multiplier effect described above, but the tax system is designed in a way that it makes more sense to take it as salary and put it in a tax deferred saving account, i.e. an RRSP - so there's no limit on the multiplier effect. Like I said, sit with a calculator - if you're earning a really large amount and are still under the small business limit it may make more sense to use a CCPC, but that is the case regardless of using it as a tax shelter because if you're earning a lot you're probably running a business of some size. The main benefit I think is that if you use a CCPC you can carry forward your losses, but you have to be aware of the definition of an \"\"allowable business investment loss\"\".\""}
{"_id": "454084", "title": "", "text": "If you are not open to changing the amount of money you are willing to spend, your options are limited. Why change your amounts and proportions? Your situation changed. You got married, divorced, purchased a new car, the company added free disability coverage. If the amount spent per year can't change, then you are asking how to review if your proportions are correct. The first thing is to look at what must you spend it on. If you have a mortgage or car loan, the bank will tell you the minimum amount. If you own a car the state will tell you the minimum amount for auto coverage. If there is any money left look at life, and disability. These can wreck the life of your dependents.  When you have meet those needs, then increase auto and home to cover additional liability."}
{"_id": "454086", "title": "", "text": "Tthe easiest place to see Fed announcements as soon as they're published is the Federal Reserve itself. If you want the information as soon as it's made publicly available, scrape the Federal Reserve press releases. I assume you're most interested in the announcements after the FOMC meetings, so you might want to scrape the FOMC calendar. The statements come out right after the meeting, and the minutes are released three weeks later.  If you want to catch instances where the minutes are leaked, that's a bit trickier.  For a lot of other market data, services providers like Bloomberg, Reuters, etc. are usually the best bet for realtime information, since these companies earn their revenue and keep their customers by providing the data as fast as humanly possible. They may offer an analysis or a distilled version of the FOMC minutes for traders to use within minutes of the announcement itself (I'm not sure if they do or not), but the announcements themselves will come from the Federal Reserve itself first and foremost."}
{"_id": "454089", "title": "", "text": "Shareholders get to vote for the board, the board appoints the CEO. This makes the CEO care, which in turn makes everybody else working in the company care. Also, if the company wants to borrow money a good share price, as sign of a healthy company, gives them more favorable conditions from lenders. And some more points others already made."}
{"_id": "454091", "title": "", "text": "\"You have run up against the \"\"build a better mousetrap\"\" problem.  It's impossible to build a better mousetrap than the sprung neck breaker we all know. You might THINK your design is better. *but it isn't*. The market has decided that you can't beat the normal mouse trap. Yes, others are available, and maybe some are cheaper, and maybe some are better, *but the vast majority of sales will always be for the traditional item*.  In marketing terms you are insane if you want to get into the mousetrap business, with a new design of mousetrap.\""}
{"_id": "454102", "title": "", "text": "I have a similar plan and a similar number of accounts.   I think seeking a target asset allocation mix across all investment accounts is an excellent idea. I use excel to track where I am and then use it to adjust to get closer (but not exactly) to my target percentages. Until you have some larger balances, it may be prudent to use less categories or realize that you can't come exactly to your percentages, but can get close.   I also simplify by primarily investing in various index funds.  That means that in my portfolio, each category has 1 or 2 funds, not 10 or 20."}
{"_id": "454111", "title": "", "text": "I know that for me personally, if I buy that giant box of Goldfish instead of the bags, it doesn't mean I'm saving money... just eating a lot more Goldfish.  The trick, I think, to buying in bulk is to make sure that you're not consuming in bulk.  You're not likely to go through more dishwasher detergent just because you bought the big bottle, but you may find the kids are eating a lot more fruit snacks, or you're throwing away half of that huge bag of baby carrots that went bad, because you bought in bulk."}
{"_id": "454119", "title": "", "text": "\"I'm finishing up a finance &amp; accounting internship at the corporate office of a transportation company (it's a subsidiary of a gigantic UK parent). I've enjoyed it for the most part and my 2 \"\"bosses\"\" are extremely nice (corporate accounting manager and her 2nd). I'm going into my junior year at BC Carroll (finance major) and want to end up in corporate finance, IB, or wealth management ideally. What should be my next course of action for the upcoming recruitment season this fall before/after I finish this internship? Thanks for any advice, this sub is very insightful.\""}
{"_id": "454137", "title": "", "text": "Let me guess.... starte rejected the Medicaid expansion? Didn't join the exchange? I was in the same position, difference is I was able to cut my deductible and premium in half without hurting my coverage because in the exchange all of the policies were presented and compared apples to apples while before they were hidden or difficult to compare with larger financial benefits for brokers to push the customer to policies that we're bad for them but very good for the broker...."}
{"_id": "454157", "title": "", "text": "I think that anybody that thinks the US dollar will ALWAYS be the reserve currency need a reality check. Nothing in this world is permanent and things change all the time. Our monetary system is wonderful if only we could fix our political system we may see real improvements."}
{"_id": "454160", "title": "", "text": "No. Similar to how the hospitals now get you a social security number for your newborn, so you can leave with a little crying tax deduction, the IRS has cracked down on FSA reimbursements. They expect to be able to follow the money from your tax deduction to a nanny/sitter's income.  Your last line is the choice you face, and User58220's warning shouldn't be ignored.  She will need to declare the income. The tax due depends on many factors. Not reporting it can result in penalties and prosecution. The last I dealt with this, the employer required the SSN of the provider. No exceptions. You are now asking about the risk of getting caught, after already sharing that you're operating outside of the law. Sorry, I can't answer this one."}
{"_id": "454169", "title": "", "text": "\"It's not misleading at all, it says gasoline.  If you read that as \"\"oil\"\", who's fault is that?  Besides, this is entirely legitimate manufacturing, same as China importing parts and assembling them is.  People should be more mindful of the immense number of steps there are in creating modern capitalist goods, and the fact that those steps will have geographical factors.\""}
{"_id": "454182", "title": "", "text": "Alright guys, let's get some real business discussion going on (well, at least let's try).  This is surprising. Citi has not been doing well but I didn't think there was any pressure on Vikram to resign either. The timing is very weird too - right after a successful Q3 and with no planned transition plan announced in the Q3 earnings.  As for Pandit's legacy, it's definitely an unsuccessful one. First, the whole thing started on the wrong foot with Citi buying his hedge fund just to make him the CEO -- and subsequently closing the fund and writing off $200 million. The bank's shares are trading at roughly half book value which shows how much the street didn't trust Citi (and him)."}
{"_id": "454184", "title": "", "text": "I'm not sure how this gets entered in TurboTax, but this income from the company should be included in the Schedule C (or C-EZ) Line 1 Gross Receipts total, along with all of your 1099-MISC income from your business and any other income that your business took in. You don't need a 1099 from them, and the IRS doesn't care (at least from your perspective) if you got a 1099 or not; in fact, they probably expect you to have some non-1099 income.  We don't know why the company chose not to issue 1099 forms, but luckily it isn't your concern. You can fill out your tax return properly without it.  Note: This answer assumes that you didn't have any tax withheld from your checks from this company. If you did have tax withheld, you'll need to insist on a 1099 to show that."}
{"_id": "454193", "title": "", "text": "\"Fama-French would be a couple of names if you want to look at this from a value/growth dichotomy.  A simplified form of this was to take the stocks with a lower Price/Book Value that would be the value stocks while the others would be the growth.  The principle is that some of the beaten-down stocks will appreciate more than the growth stocks will.  6 Ways To Improve Your Portfolio Returns Today also makes note of the \"\"growth vs value\"\" split if you want another reference that way.  Historically, growth has been more volatile and produced lower returns, though past performance isn't necessarily always going to hold as some people like to invest in what is known as a \"\"slice & dice\"\" portfolio where a portion in invested in each of 4 corners: Large-growth, large-value, small-growth, and small-value.  Some may add in bonds, REITs, and foreign stocks but the idea is that in different years, different parts of the market will do better and this is a way to capture that in a sense.\""}
{"_id": "454201", "title": "", "text": "The government won't, as I understand it, it keeps the debt from spiraling out of control. It also promotes spending which keeps our economy from recession (which is a natural occurrence and is needed to shed dead weight). This boosted economy can only last so long, it will eventually keel over dead, again as I understand it - when is a matter for speculation."}
{"_id": "454205", "title": "", "text": "Eventually everyone will tip. And then lyft and uber will just cut the share drivers get.   Look at the minimum wage laws for waiters. I hate tipping. I'd rather a fair wage be factored in. When Lyft and uber set prices, whether we tip or not doesn't matter in the long run"}
{"_id": "454208", "title": "", "text": "You can't currently avoid it. The reason the legislation was introduced was to prevent the big-name developers from setting up shop in a low-VAT country and selling apps to citizens of EU countries that would normally be paying a much higher VAT.  You need to register for VAT and file quarterly nil-returns so that you get that money back. It's a hassle, but probably worth it just to recoup those funds.  From an article in Kotaku from late 2014: You see, in the UK we have a rather sensible exemption on VAT for   businesses that earn under \u00a381,000 a year. This allows people to run   small businesses - like making and selling games in your spare time,   for instance - without the administrative nightmare of registering as   a business and paying VAT on sales. Unfortunately, none of the other   EU member states had an exemption like this, so when the new   legislation was being put together, there was no exemption factored   in. That means that if someone makes even \u00a31 from selling something   digital to another person in another EU country, they now have to be   VAT registered in the UK AND they have to pay tax on that sale at   whatever rate the buyer\u2019s country of residence has set. That could be   25% in Sweden, 21% in the Netherlands, and so on. [...] There\u2019s one piece of good news: even though anyone who sells digital   stuff now has to be VAT-registered in the UK, they don\u2019t actually have   to pay VAT on sales to people in the UK if they earn less than \u00a381,000   from it. (This concession was achieved earlier this month after   extensive lobbying.) But they\u2019ll still have to submit what\u2019s called a   \u201cnil-return\u201d, which is essentially a tax return with nothing on it,   every quarter in order to use the VAT MOSS service. That\u2019s a lot of   paperwork. Obviously Brexit may have a significant impact on all this, so the rules might change.  This is the official Google Link to how they've implemented this and for which countries it affects: https://support.google.com/googleplay/android-developer/answer/138000?hl=en  Due to VAT laws in the European Union (EU), Google is responsible for   determining, charging, and remitting VAT for all Google Play Store   digital content purchases by EU customers. Google will send VAT for EU   customers' digital content purchases to the appropriate authority. You don't need to calculate and send VAT separately for EU customers.   Even if you're not located in the EU, this change in VAT laws will   still apply."}
{"_id": "454211", "title": "", "text": "This seems like such an obvious thing to short, imo. If there's an economic bubble that pops 2008 style or 2001 style, I bet facebook will be injured and that will directly affect zynga. Facebook is already waning in popularity."}
{"_id": "454222", "title": "", "text": "\"You are correct that, barring an equity capital raise, your money doesn't actually end up in the company. However, interest in their stock can help a company in other ways; Management/board members hopefully own shares or options themselves, thus knowing that \"\"green\"\" policies are favorable for the stock price (as your fund might buy shares) can be quite an incentive for them to go green(er).  Companies with above average company share performance are also often viewed as financially healthy and so creditors tend to charge lower interest for companies with good share performance.  Lastly, a high share price makes a company difficult to take over (as all those shares have to be acquired) and at the same time makes it easier for the company to perform takeovers themselves as they can finance such acquisitions by issuing more of their own shares. There is also the implication that money flowing towards such green companies is money flowing out of/away from polluting companies, for these \"\"dirty\"\" companies the inverse of the previous points can hold true. Of course on the other hand there is quite an argument to be made that large enough \"\"green\"\" funds should actually buy substantial positions in companies with poor environmental records and steer the company towards greener policies but that might be a hard sell to investors.\""}
{"_id": "454224", "title": "", "text": "A mutual fund has several classes of shares that are charged different fees. Some shares are sold through brokers and carry a sales charge (called load) that compensates the broker in lieu of a fee that the broker would charge the client for the service.  Vanguard does not have sales charge on its funds and you don't need to go through a broker to buy its shares; you can buy directly from them.  Admiral shares of Vanguard funds are charged lower annual expenses than regular shares (yes, all mutual funds charge expenses for fund adninistration that reduce the return that you get, and Vanguard has some of the lowest expense ratios) but Admiral shares are available only for large investments, typically $50K or so.  If you have invested in a Vanguard mutual fund, your shares can be set to automatically convert to Admiral shares when the investment reaches the right level. A mutual fund manager can buy and sell stocks to achieve the objectives of the fund, so what stockes you are invested in as a share holder in a mutual fund will typically be unknown to you on a day-to-day basis.  On the other hand, Exchange-traded funds (ETFs) are fixed baskets of stocks, and you can buy shares in the ETF.  These shares are bought and sold through a broker (so you pay a transaction fee each time) but expenses are lower since there is no manager to buy and sell stocks: the basket is fixed. Many ETFs follow specific market indexes (e.g. S&P 500).  Another difference between ETFs and mutual funds is that you can buy and sell ETFs at any time of the day just as if you could if you held stocks. With mutual funds, any buy and sell requests  made during the day are processed at the end of the day and the value of the shares that you buy or sell is determined by the closing price of the stocks held by the mutual fund.  With ETFs, you are getting the intra-day price at the time the buy or sell order is executed by your broker."}
{"_id": "454229", "title": "", "text": "I would base my decision off of regulatory climate and look primarily into eastern Europe to tackle the higher growth climate; let's say Estonia or Lithuania. Estonia ranks better in surveys tracking hours senior managers spend dealing with regulatory issues. Lithuania seems to have the edge in terms of just getting the business started, land purchased and enforcing contracts and cross border trade.   They probably have better demographics in terms of workforce.   Links: http://www.doingbusiness.org/rankings http://www.nationsencyclopedia.com/WorldStats/ESI-senior-management-time-regulation.html"}
{"_id": "454240", "title": "", "text": "Well then that kind of makes drug tests seem stupid then, right? I grew up in an area where oil money was big,  heard handful of stories of people failing drug tests and being fired. Heard a few other rare stories of people working 20+ years in the oil industry who knew how to pass and smoked weed daily. But you seem pretty convinced this has worked well for you. So I guess its fair to ask then, do you believe this is the best we can do? What are your thoughts about medical conditions, should opiates be treated the same as weed? Do you know that theres different types of weed? I encourage you to keep learning, and you can start to understand why so many people might be defending this topic. The war on drugs is over, the facts are out and proven its an extreme waste and set back to humanity. Step back for a second, look more at the bigger picture, is this really the best we can do?"}
{"_id": "454245", "title": "", "text": "this post offers excellent pointers that can help you choose a suitable line of credit you can use for financing your day-to-day expenses. please help up promote it to all your friends especially to those who are planning to apply for and get secured and prepaid credit cards!"}
{"_id": "454255", "title": "", "text": "\"The issue with college is the current \"\"business model\"\" which is to get as many asses in seats as possible. Colleges were initially designed to teach a select few, and not intended for mass attendance.   The day colleges went from being institutions geared towards attracting like-minded people interested in intellectual pursuits into education factories crumbling under the weight of administrative bloat is when the classical concept of a college education died. We don't educate people anymore, we process them to fit a particular mold in the labor pool.  That being said, if you are someone who is genuinely interested in educating yourself, college is still the way to go. Just be aware of what you're getting yourself into, and understand that a degree is not a ticket to employment.\""}
{"_id": "454265", "title": "", "text": "Give it to your mailman to return to sender. For this kind of material, return service is always requested, and it will let the bank know that they have incorrect address information. If the owner needs the cards, he'll contact the bank, or the bank will contact him to verify the address. Either way, as long as its not in your name, I don't think you should be worried."}
{"_id": "454266", "title": "", "text": "Landed an internship in undergrad through a combination of networking and just sending out resumes to lots of places with decent IR departments. Then from there I had the experience that finding a job post-grad wasn't too hard.  It's a relatively small community and now that I've become basically specialized in telecom, media, and technology it's easy to know where to look. There are plenty of corporate PR firms too if that's more your angle.  I really recommend you join your local NIRI chapter. Best networking move you could make, and anyone interested in IR can join. It's a super rewarding career because I love finance but I still get a lot of interpersonal interaction and you're as close to the clients as possible, even at the most entry level."}
{"_id": "454287", "title": "", "text": "\"None of what I say is advice directed to you. It is how I would continue to analyse the situation you have, were it mine. First off, I prefer to work in certainties more than possibilities.  Saying that, paying down the mortgage makes sense as I can calculate the amount I will save. I also believe that rate rises are coming in the future, based on the talk from the BofE, so any money I pay off now means guaranteed less interest to pay in the future. Also, the lower my loan-to-value ratio, the better/lower interest rates I can receive in the mortgage market. If I do not want to work until retirement age, it'd be nice to have as few bills as possible in the decade or so prior to retirement age. I could then do early-retirement or part-time work in the run-up to retirement. I could use my savings to fund life until retirement pays out. I'd be aiming to put 15% of my gross income into \"\"future investing\"\" - using ISAs to build up a savings pot, taking advantage of retirement products. That way all the money is not tied to a normal retirement age before it can accessed. And it's not touchable by future greedy Government taxation... Any income leftover above the 15%, I'd be throwing at the mortgage - taking advantage of the 10% overpay window, remortgaging as LTV comes down. In theory, overpaid mortgage equity is money that could still be accessed (provided house prices don't decline and remortgaging is a possibility). So, in short, I'd follow a plan along these lines of logic. 1) Make sure I have 4-6 months of living expenses as a Rainy Day Fund. Insulate myself from fluctuations in my financial situation. 2) Put away 15% of annual gross income towards \"\"future saving\"\". ISAs first, pension second. 3) Overpay the mortgage and look to remortgage as LTV drops. When LTV nears 60%, look to lock in to a longer-term fix. eg. 2 year fixes at 90% LTV, 5 year fixes at 60%. 4) Reassess steps 2 & 3 as life happens, circumstances change, work fluctuates, etc. 5) Once the mortgage is paid off, build as much wealth as possible - ISAs first, then non-tax efficient savings products. Aim for keeping expenses down and raising my savings % rate as much as possible. [Your analysis was thorough and shows you are thinking through consequences. Never forget to factor in the risk of carrying debt. Having no/low debt as you get older means there's more income left to build wealth. Ignore the American view of carrying debt for life and trusting investments to outperform the debt. You have to pay monthly to keep that debt around - and it ain't a pet!]\""}
{"_id": "454289", "title": "", "text": "These models are specially designed with spring supported chest for ironing thicker and folded linen. Our economic range flatwork ironers offer you an excellent combination of efficiency, quality and convenience, making it the finest special designed flatwork ironer available in the world. The ability to fold and feed, as you need them, allow you to process from 60 to 70 single bed sheets per hour."}
{"_id": "454298", "title": "", "text": "\"You need to take an accounting course.  Badly...  A ponzi scheme is when you use the capital from new members/investors to pay out returns to existing/older members.  It violates the basic principles of the accounting equation by operation as investors are equity holders whom you are paying returns to using the assets procured from new investors (investors give you an asset in exchange for a share of equity).  Members of a ponzi scheme are investors, not creditors.    In a bank, depositors are NOT investors.  Depositors give you an asset (cash) in exchange for a liability (cash+interest).   &gt; Does buying govt securities count as \"\"lending\"\"?  Yes.  If you purchase a bond, you're lending money to the issuer.\""}
{"_id": "454304", "title": "", "text": "Well -- It hits them where it hurts  140 to 113 in 3 days of trading --  Yep that hurts and hurts them exactly where it should.  Yes I am aware of the executive selling prior to the announcement.   But other CEO's are seeing this too and will not want it to happen to them.   So I respectfully disagree that they won't be held into account.  They already have been by the market."}
{"_id": "454308", "title": "", "text": "\"My wife and I have Gap, Kohl's and Amazon cards. They each give extra benefits when using them at their stores, and usually 1% cash back at other places, although we don't use the Gap or Kohl's anywhere else.  We don't carry a balance, so as mentioned, the rate doesn't matter. And they are so spread out when we've gotten them (Kohl's for a good 3 years, Amazon about 2 months ago) that I don't expect any issues for credit checks. In fact I just got approved for a mortgage loan, way more than what I know I can really afford.  In my mind, credit cards are a bad idea when you use them as \"\"real\"\" credit. If they are used more like a debit card (spending money that you have), its like a loan (you don't have to pay it off til later), and you get paid for it (whether in cash or merchandise).\""}
{"_id": "454328", "title": "", "text": "\"&gt;I don't know, they focus solely on debt as if it's the reason for the recession.  Well, if you remember that personal debt is largely mortgages, and that the housing situation is what drove the bubble and collapse, it seems pretty reasonable.  There are factors that attenuated it.  Banks leveraging heavily off of investments that were ultimately backed by housing made the collapse worse.  And you could say that the longer-term story, the thing that really drove unemployment changes that won't change quickly, is long-term shifts in the economy.  China opening up to trade, automation reducing demand for people to perform simple tasks.  The bubble collapse just exposed some of those, drove companies that were ultimately in trouble across the line.  &gt;At least they acknowledge that it would have to happen gradually, but they act like any and all debt is terrible.  Well, it's not great, and people have been saying \"\"we should deal with our debt problem\"\" and not doing anything about it for a long time, because it's easier to just borrow from the next generation...  &gt;Plus, you know, it's Business Insider asking us to put aside politics, which is pretty funny.  Yes, the article was not apolitical.  Another point...one reason that we're spending more on health care is because we've figured out ever-more-expensive ways to make people live longer.  A person will almost always spend all the money required to extend their life.  Once their resources are exhausted, a medical company has to go looking for someone else to foot the bill if they want to keep selling product.  In this case, taxpayers are an option.  Ditto for people living longer after retirement, and having a longer-and-longer Social-Security-funded vacation; Social Security was designed in a world where most people didn't *have* all that much \"\"retirement\"\".  But remedying that has real implications, and it's worth being aware of those.  You can send people back to work.  They're increasingly fragile and maybe a bit senile.  You can simply refuse to subsidize medical care as much, which will result in people dying earlier.\""}
{"_id": "454333", "title": "", "text": "If you're in the 25% tax bracket, then you probably shouldn't be doing a Roth conversion right now.  You'd prefer to do Roth conversions when you can do so at a 15% rate.  You could contribute some of your current annual contributions to Roth directly, but even that isn't a great idea except to diversify your holdings. Odds are you won't be paying 25% average tax rate on your retirement, unless you're doing very well in your retirement account.  Odds are you'll be somewhere around 15%.  Converting at a 15% rate therefore is fine; basically, you'll have something like this, based on some assumptions (I'm making up dollars, brackets, etc.; obviously these will change): Doing this, you pay 0-15% tax on up to 75k, then pay 0 tax after that on the Roth (which you paid 15% tax on already).  Therefore, you don't end up paying more than 15% on any single dollar, and you pay less on the total sum.  But you also don't really want to be paying 25% on any of it, since that won't really help you out any and could hurt you (will hurt you, if you end up getting some of that 15% bracket income from the Roth). If you're in the 25% bracket now, then you probably are better off just keeping everything in regular IRA (unless you're expecting to be in the 28% bracket after retirement?).  Putting some in Roth isn't a terrible idea, just for diversification's sake, but it's probably going to cost you money unless tax rates rise dramatically (which they certainly could, though not as likely to rise on the 'middle class' 0-100k range).  They'd have to double for you to be worse off this way. And finally: do not ever withdraw from the 401k to pay taxes on a conversion. You're subject to a 10% penalty for doing that (as it's an early withdrawal) and also have to pay taxes on that withdrawal.  Ick.   For more information about when Roth makes sense, read site moderator JoeTaxpayer's Blog article on the subject, which explains this in great detail."}
{"_id": "454337", "title": "", "text": "An advantage of using a major credit card is that they act as a buffer and source of recourse between you and the merchant. Cheated and the store won\u2019t answer you letters? Call Visa (or more accuratly, call the number on the back of the card). (That is, #2 on this answer, which you can also reference for a whole list of benefits.)"}
{"_id": "454399", "title": "", "text": "Although there are no transaction fees from PayPal, your bank should treat this as a cash advance rather than a payment and so will charge you fees.  The cash advance fee will be larger than 1%, so you'll definitely lose money.  Plus you'll start paying interest immediately (unlike for purchases).  PayPal warns that you'll get cash advance fees here."}
{"_id": "454408", "title": "", "text": "I know this is the rule in general but what about things like De Beers diamond company artificially inflating the price of diamonds? From what I've read there are lots and lots of diamonds in storage but they control the flow. Couldn't this tactic work with other products/commodities using the right marketing campaigns?"}
{"_id": "454409", "title": "", "text": "\"The complete opposite of \"\"sunk cost\"\" is the term \"\"unrealized gain\"\"; until you sell it, then it is a \"\"realized gain\"\". There is also a term \"\"paper profit\"\" to point out the ephemeral nature of some of these unrealized gains.\""}
{"_id": "454412", "title": "", "text": "Unless a study accounts for whether the users are following a budget or not, it is irrelevant to those who are trying to take their personal finances seriously. I can certainly believe that those who have no budget will spend more on a credit card than they will on a debit card or with cash. Under the right circumstances spending with cards can actually be a tool to track and reduce spending. If you can see on a monthly and yearly basis where all of your money was spent, you have the information to make decisions about the small expenses that add up as well as the obvious large expenses.  Debit cards and credit cards offer the same advantage of giving you an electronic record of all of your transactions, but debit cards do not come with the same fraud protection that credit cards have, so I (and many people like me) prefer to use credit cards for security reasons alone. Cash back and other rewards points bolster the case for credit cards over debit cards. It is very possible to track all of your spending with cash, but it is also more work. The frustration of accounting for bad transcriptions and rechecking every transaction multiple times is worth discussing too (as a reason that people get discouraged and give up on budgeting). My point is simply that credit cards and the electronic records that they generate can greatly simplify the process of tracking your spending. I doubt any study out there accounts for the people who are specifically using those benefits and what effect it has on their spending."}
{"_id": "454425", "title": "", "text": "No problem and more than happy to help!   Both posting locations I've indicated for you to browse and apply any helpful info. And to answer your question in your post: I think the Federal Trade Commission would address any regulatory concerns as internet does not seem to fall under the FCC for communications, but likely the FTC regarding advertising.   I don't think you will have many obstacles, but in addition to the FTC link below, maybe check out privacy policies and legal links on other job sites for reference.   Also posting your question in r/legaladvice etc. may get you good free feedback from legal redditors. Hope this helps and best of luck!   https://www.ftc.gov/tips-advice/business-center/advertising-and-marketing"}
{"_id": "454436", "title": "", "text": "If you are in the United States,  Real Estate gains are taxed as capital gains 15% currently but will go up in 2011. You may be able to exclude $250,000 filing single (500k married filing jointly) if you have lived in the condo 2 out of the last 5 years. See IRS Publication 523 for more information. You are only taxed on the profit from the sale. If you paid $100,000 and you sell it for $125,000 you would owe capital gains tax on $25,000 if you don't meet the conditions in IRS Publication 523."}
{"_id": "454464", "title": "", "text": "&gt;Ah, the downvotes. When the headline is all that someone sees before reading the story, it's important to state explicitly the affected  parties. Consumers and businesses are not the only possible parties given a regulation concerning lawsuits.   Your attempted retort doesn't even make sense. Your title points at the affect on businesses, his points at consumers, then you go on to argue as if your title was more correct because there are other concerned parties, despite the fact that your title didn't  mention either consumers or these fabled other parties?   You earned the downvotes."}
{"_id": "454465", "title": "", "text": "If you are trying to invest in closely held / private companies (things that don't trade on the stock market), you will run into a variety of regulatory problems. For various reasons, most private companies only raise funds with accredited investors. To be an accredited investor you basically have to have $1,000,000 in net worth - NOT including your primary residence, OR you have to make over $200,000 a year for the last two years and expect to keep making that much. This is a class distinction the Federal government created, you will see different but similar wealth and investment classes worldwide. So your best most organized opportunities are left out, unless you do qualify as an accredited investor. There are tons of other companies, things you will find locally, that will let you invest in their smaller time operations. (Think like a local yoga studio looking for $20,000 and willing to split the profits with you). But the problem here is lack of accountability, where partners skip town or just stop answering your calls, and the legal remedies cost you more than your claim. That being said there are people that provide capital to smaller publicly traded companies on the bulletin boards and pink sheets. They have opportunities do much better than the actual stock market investors in these companies, because you can negotiate contracts that let you cash out in their inevitable financing death spirals with very little risk to you. You can do these things as an individual or as a holding company, but the holding company will limit your liability to the amount your holding company invested, instead of your personal assets, in case your financing starts to incur liability with the company."}
{"_id": "454486", "title": "", "text": "Ben je benieuwd naar wat er beschikbaar is in alle toiletten is? Neem een kijkje op de website. Deze online sanitair bedrijf verkoopt niet alleen een breed scala aan staande toiletten producten en accessoires, kunt u altijd rekenen op kwaliteit tegen de beste prijs."}
{"_id": "454494", "title": "", "text": "It sounds like you do. You earn money in NC, so that's where it is going to be taxed first."}
{"_id": "454501", "title": "", "text": "Hmm.. hey bro, not personal, but is what comes to mind: I guess my answer will be highly down voted... =P"}
{"_id": "454502", "title": "", "text": "At my farm our turkeys live their entire lives outdoors on pasture (except for the first three weeks when they need artificial heat to survive); they don't receive any medications or antibiotics; and we slaughter them ourselves without pumping their carcasses full of... whatever butterball pumps into their turkeys.  We charge $3.75 a pound, so our birds range from about $45 to $75.  What ends up being really expensive are heritage turkeys.  These are old-fashioned breeds that gain weight very slowly and have a huge feed-to-weight ratio.  They take much more feed and labor for the same amount of weight, and so are often upwards of $6.00 a pound.  We don't raise them because one of our goals is raising good food that normal folks can afford.  Also they can fly, which throws our whole raise-them-outdoors system into logistical chaos.  Naturally raised turkeys are there to be had, but you have to look for them.  Check out [Eat Wild](http://eatwild.com/) to find a pasture-based farm in your area that raises turkeys.  Good luck!"}
{"_id": "454519", "title": "", "text": "Sure.  So how do domestic interests get protected if the US pulls the nuclear option, aka trade war? These things do tend towards MAD if escalated, hence lose/lose. The only winning move is not to play.  In that respect, this is not only a dick move (US has at least as much to lose from global climate change as EU) it is a *stupid* dick move. Because it backfires, and ruins things for everybody. Including the US."}
{"_id": "454525", "title": "", "text": "Yeah, except they underbid based off of information and plans that changed 3 weeks in (not their fault).  So now they have to foot the bill?  I've been in too many construction jobs where exactly this happens.  No plan survives the encounter with reality fully intact."}
{"_id": "454526", "title": "", "text": "There is a fundemental misunderstanding:   the business and the owner are not the same entity.  You said:   I give the business $25,000 and take 50% of the business. No you can give the owner of the business 25K, and now he has 25K and 50% of a 50K business.   That 25K sits in Mr. Smith's bank account, not Acme Widget's account.   A more simple example is when you buy a car.  The money goes to the car dealership, it does not get put into the car's glove box. You may be thinking of an investor in a business.  He could pump $$ into the business as operating capital for a share of the business.  In that case, it would be a bit unfair to get 50% of the business for a 25K.  However, the owner may be interested in doing such a deal because value of the investor can add more than just $$ to the business.  Having a celebrity investor might do more good for the business than the actual dollars. Another situation is that the owner might be desperate.  Without a influx of cash the whole business might end. There are guidelines to business evaluation, but valuing them is not an easy thing."}
{"_id": "454528", "title": "", "text": "Well first, this is a very small proportion of teslas that can do this, it was only one model that is discontinued and was a cheaper alternative to the 75. Any person who bought that car knows that they can upgrade to the 75 at any time by paying the difference. They did this so more people have access to a Tesla and just didn't design a whole new battery to reach some people. This is not bad at all, you get what you pay for and it's the same thing as just buying a smaller battery. If it was only 60 kWh you couldn't unlock it for emergencies, so it's an added bonus, not a bad thing."}
{"_id": "454537", "title": "", "text": "\"It might be best to step back and look at the core information first.  You're evaluating an LLC vs a Corporation (both corporate entities).  Both have one or more members, and both are seen similarly (emphasis on SIMILAR here, they're not all the same) to the IRS.  Specifically, LLC's can opt for a pass-through tax system, basically seen by the IRS the same way an S-Corp is. Put another way, you can be taxed as a corporate entity, or it's P/L statements can \"\"flow through\"\" to your personal taxes.  When you opt for a flow-through, the business files and you get a separate schedule to tie into your taxes.  You should also look at filing a business expense schedule (Schedule C) on your taxes to claim legitimate business expenses (good reference point here). While there are several differences (see this, and this, and this) between these entities, the best determination on which structure is best for you is usually if you have full time employ while you're running the business.  S corps limit shares, shareholders and some deductions, but taxes are only paid by the shareholders.  C corps have employees, no restrictions on types or number of stock, and no restrictions on the number of shareholders.  However, this means you would become an employee of your business (you have to draw monies from somewhere) and would be subject to paying taxes on your income, both as an individual, and as a business (employment taxes such as Social Security, Medicare, etc). From the broad view of the IRS, in most cases an LLC and a Corp are the same type of entity (tax wise).  In fact, most of the differences between LLCs and Corps occur in how Profits/losses are distributed between members (LLCs are arbitrary to a point, and Corps base this on shares). Back to your question IMHO, you should opt for an LLC.  This allows you to work out a partnership with your co-worker, and allows you to disburse funds in a more flexible manner.  From Wikipedia : A limited liability company with multiple members that elects to be taxed as partnership may specially allocate the members' distributive share of income, gain, loss, deduction, or credit via the company operating agreement on a basis other than the ownership percentage of each member so long as the rules contained in Treasury Regulation (26 CFR) 1.704-1 are met. S corporations may not specially allocate profits, losses and other tax items under US tax law. Hope this helps, please do let me know if you have further questions.  As always, this is not legal or tax advice, just what I've learned in setting several LLCs and Corporate structures up over the years. EDIT: As far as your formulas go, the tax rate will be based upon your personal income, for any pass through entity.  This means that the same monies earned from and LLC or an S-corp, with the same expenses and the same pass-through options will be taxed the same. More reading: LLC and the law (Google Group)\""}
{"_id": "454543", "title": "", "text": "Say one makes $60k/yr. The net gain is that half these funds are received about 2 weeks prior. To keep the math simple, let's assume a 12% return per year on the funds during this time. $30K * 12% is $3600. But 2 weeks is about 4% of a year, so $144. That's at a 12% return. In an offset mortgage the return will be closer to 4%, a $48/yr benefit.  With short term rates at or below 1%, we're really looking at a gain of $12 or so for the extra time with the funds."}
{"_id": "454554", "title": "", "text": "\"Tulips became a popular investment for Middle-Class Dutchmen  &gt;  \"\"the population, even to its lowest dregs, embarked in the tulip trade\"\" - [source](https://en.wikipedia.org/wiki/Tulip_mania#Mackay.27s_Madness_of_Crowds)  Ask the average \"\"[Ow, my Balls!](https://www.youtube.com/watch?v=wAg1r6zw7Bg)\"\" viewer what Bitcoins are used for. You'll hear:     1. \"\"Hoarding\"\"     2. Tax evasion     3. Paying for drugs, slaves or hit-men\""}
{"_id": "454562", "title": "", "text": "The issue I have with the Camry these days is pretty shallow but they strike me as fleet cars. Here in Toronto I'd say 90%+ of the Taxis are Camry's.  Maybe a good buy if your goal is blend in..."}
{"_id": "454563", "title": "", "text": "If you are tax-resident in the US, then you must report income from sources within and without the United States.  Your foreign income generally must be reported to the IRS.  You will generally be eligible for a credit for foreign income taxes paid, via Form 1116. The question of the stock transfer is more complicated, but revolves around the beneficial owner.  If the stocks are yours but held by your brother, it is possible that you are the beneficial owner and you will have to report any income. There is no tax for bringing the money into the US.  As a US tax resident, you are already subject to income tax on the gain from the sale in India.  However, if the investment is held by a separate entity in India, which is not a US domestic entity or tax resident, then there is a separate analysis.  Paying a dividend to you of the sale proceeds (or part of the proceeds) would be taxable.  Your sale of the entity containing the investments would be taxable.  There are look-through provisions if the entity is insufficiently foreign (de facto US, such as a Subpart-F CFC).  There are ways to structure that transaction that are not taxable, such as making it a bona fide loan (which is enforceable and you must pay back on reasonable terms).  But if you are holding property directly, not through a foreign separate entity, then the sale triggers US tax; the transfer into the US is not meaningful for your taxes, except for reporting foreign accounts. Please review Publication 519 for general information on taxation of resident aliens."}
{"_id": "454584", "title": "", "text": "Having been both I see the pros and cons Employers: I personally hated all the paperwork.  Government forms, legal protection, insurance, taxes, payroll, accounting, year ends, bank accounts, inventory tracking, expenses. The best bosses don't worry about the product, they worry about maintaining an environment that is good for the product.  Good employees who are happy will make good products that you can sell to customers who are happy with your company. I personally went back to employee because I wanted to go home at night and forget about work.  Employers cannot do that."}
{"_id": "454596", "title": "", "text": "\"There still is some buying and selling to do in a passively-managed fund.  The stocks might pay dividends.  If the fund manager didn't reinvest these dividends, the fund would begin to accumulate a cash position, which would cause it to stray from being an index fund.  Stocks come and go from an index as well; if the fund is to maintain a composition that matches a particular index, this must be taken into account as well. The role of the manager is to ensure that the fund maintains the composition that it was intended to replicate.  It doesn't involve as much \"\"stock picking\"\" that active managers do.  The manager has less leeway as to what s/he buys and sells, but there still is work involved.\""}
{"_id": "454604", "title": "", "text": "Seriously, the corporate greed in these situations is insane... I'll give them the benefit of the doubt that it's an algorithm jacking up the prices as they see more and more sales but fuuuuuck it really sucked dropping $2K to get to safety when normally that same flight would be significantly less."}
{"_id": "454610", "title": "", "text": "\"I wonder if ETF's are further removed from the actual underlying holdings or assets giving value to the fund, as compared to regular mutual funds. Not exactly removed. But slightly different. Whenever a Fund want to launch an ETF, it would buy the underlying shares; create units. Lets say it purchased 10 of A, 20 of B and 25 of C. And created 100 units for price x. As part of listing, the ETF company will keep the purchased shares of A,B,C with a custodian. Only then it is allowed to sell the 100 units into the market. Once created, units are bought or sold like regular stock. In case the demand is huge, more units are created and the underlying shares kept with custodian.  So, for instance, would VTI and Total Stock Market Index Admiral Shares be equally anchored to the underlying shares of the companies within the index? Yes they are. Are they both connected? Yes to an extent. The way Vanguard is managing this is given a Index [Investment Objective]; it is further splitting the common set of assets into different class. Read more at Share Class. The Portfolio & Management gives out the assets per share class. So Vanguard Total Stock Market Index is a common pool that has VTI ETF, Admiral and Investor Share and possibly Institutional share. Is VTI more of a \"\"derivative\"\"? No it is not a derivative. It is a Mutual Fund.\""}
{"_id": "454629", "title": "", "text": "\"Its fraudulent because it is feeds on new investment to pay the old investors, the EXACT definition of a Ponzi.   And it now is contingent on the faith of the US, as with most other debts. There is no \"\"trust fund\"\" of this wealth sitting waiting for us if the USA fails.  But do tell me, how is SS not a ponzi scheme? Does it not use new money to pay the old? If the new money ran out, would it not default on its debts (in the future)? And what part of the constitution says the US government should collect some of my wages and save it for me for later?  You do know, some people have opted out of SS? Even the US government will not take the fight to court. They know its a sham.\""}
{"_id": "454650", "title": "", "text": "As you move toward retirement, your portfolio is supposed to move toward low risk, stable investments, more bonds, less stocks, etc.  Your question implies that you want to increase your income, most likely because your income is not satisfying your desires. First, any idea that you have that risks your savings, just eliminate it.  You are not able to replace those savings.  The time for those kind of plays has passed. However, you can improve your situation.  Do random odd jobs.  Find a part time job that you're willing to do for 10 hours a week or something.  Keep this money separate from your retirement savings.  Research the stock trades you would like to make and use that 'extra' money to play in the market.  Set a rule that you do not touch your nest egg for trading.  You may find that being retired gives you the time to do the #1 thing that helps investors make good investments -- research. Then when you make your first million doing this, write a book.  If you call it Retire - And Then Get Rich, I expect royalties and a dedication."}
{"_id": "454661", "title": "", "text": "As stated above, the IRA accounts themselves are individual.  But if you want to simulate a joint account, the following actions would help: Make sure to setup each account with the other spouse as the beneficiary so that each account goes to any surviving spouse should the unexpected happen. Some brokers (I know TDA does this) allow you to grant access to your account to another login, so that effectively one spouse could make the invest decisions for all your accounts.  This is better than simply sharing your username and password, which is against many T&Cs.  If you do this in both directions, each spouse has access to all accounts."}
{"_id": "454666", "title": "", "text": "World Wide Inspection &amp; Calibration Services Est, offering high quality servicesmainly in three scopes - Pressure Gauge Calibration, Temperature Gauge Calibration,and Electrical Measuring Instruments Calibration. Supply and services for instruments such asLinear Instruments, Thermal Instruments, Pneumatic Instruments,  Electrical Instruments and more. For more information visit the site http://worldwideics.ae OR call : +971 2 5561346"}
{"_id": "454702", "title": "", "text": "\"1. (a) Visit #3 (Kevin Barrett, Ted Torbich, Jan Irvin, 9/11, human sacrifice, occult mass ritual, dark shamans, United States of America, September 11, 2001) at https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/d1tjdex      Source: https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z      (b) Visit #2 (science, occult rituals, magic, USA) at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/dfauxj7      Source: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006  2. \"\"JASTA another stupid law\"\" by Mahmoud Ahmad, published on 3 October 2016: #2e at https://www.reddit.com/r/worldpolitics/comments/564rcx/jasta_another_stupid_law_by_mahmoud_ahmad/d8g9s2e          Source: https://www.reddit.com/r/worldpolitics/comments/5b9bza/the_political_system_of_the_usa_is_characterised/d9mq22q      Via: #1 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006       3. \"\"The CIA's Holy War: No espionage operation or covert action was deemed too extreme by a CIA that saw only friends or enemies\"\" by Stephen Kinzer, published in the June 2016 issue of American History: #7a at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/ddlcuvl      Source: https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006      4. Read https://www.reddit.com/r/worldpolitics/comments/5b9bza/the_political_system_of_the_usa_is_characterised/d9mq22q          Source: #1 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006      Via: #26 at https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z  5. \"\"The Untold Story Behind Saudi Arabia's 41-Year U.S. Debt Secret: How a legendary bond trader from Salomon Brothers brokered a do-or-die deal that reshaped U.S.-Saudi relations for generations.\"\" by Andrea Wong, published on 30 May 2016: https://www.bloomberg.com/news/features/2016-05-30/the-untold-story-behind-saudi-arabia-s-41-year-u-s-debt-secret\""}
{"_id": "454734", "title": "", "text": "The net benefit to the US economy for the DoD is likely positive thanks to the Navy alone, to be honest. But yah, it shouldn't be about it providing a positive return.  I am not a supporter of USPS, though. It's an antiquated system. So much pollution, so much waste, and for what? So that you can get junk mail and businesses can continue to send you paper bills for some reason in 2014?   I'd rather they take the $70bn budget of USPS and develop a nationwide wireless internet system (even if it's at Edge network speeds) and we can get rid of the USPS entirely afterwards."}
{"_id": "454737", "title": "", "text": "A government official said that the e-filing website had seen overloading due to last-minute filings. The last date for filing the income tax returns (ITRs) has been extended to 5th of August 2017 for the financial year 2016-17, the original deadline was 31st of July, 2017."}
{"_id": "454785", "title": "", "text": "Turmeric has its own traditional story which has added a milestone in Ayurveda and Siddha medicine. It is considered a Herculean purifier by Ayurvedic therapists. Though Ayurveda is considered as alternative medicine in western countries, it is the traditional one in India. It is a holistic approach to health that is designed to help people to attain longevity."}
{"_id": "454805", "title": "", "text": "I work for a mortgage company but one that sells the loans we fund to banks. I've never heard of that risk mitigation incentive (lower rate for auto payments) but I know for a fact you will have a higher interest rate if you choose to pay your taxes and insurance out of your own pocket and not escrow them. I would contact the CFPB instead of an attorney and they will be able to tell you very quickly whether this is an acceptable practice or not."}
{"_id": "454810", "title": "", "text": "Hitting the 25% marginal rate does not mean all of your earnings are taxed at 25%, only those that exceed the top of the 15% bracket. You can deduct any expenses for upgrading or repairing your apartments, those are subtracted from the earnings before tax is calculated as income, so you will probably stay in a lower marginal rate. Property tax will hit you annually, and capital gains tax will hit you when you sell them at the end. If you already have experience with this business in your home country, then this sounds like a good option for you. The only caution that I would give you is to find an accountant to help you with your taxes and pay for a consultation before you get started so that you know what to track that will help him/her minimize your tax bill."}
{"_id": "454813", "title": "", "text": "How much damage has he done to the brand now, though? His name is a lot of his value AFAIK and now it will have very negative connotations forever except in specific demographics. You'd imagine he's knocked a fair amount of the value already.  And I'm sceptical about the poorer rural one they're pursuing, because sooner or later his policies are going to bite them and he won't be popular there either."}
{"_id": "454842", "title": "", "text": "Probably not. I say probably because your credit card's terms of service may treat certain purchases (I'm thinking buying traveler's checks off-hand) as cash advances. See also this question."}
{"_id": "454858", "title": "", "text": "No. It's not mandatory you buy from them. If they have money and are rich companies is because they provide a good service and deliver value to people then get rewarded by customers with they money.  It's different than the monopoly that government is. You aren't able to get from anyone else. You are just a slave from the system.  So government creates monopoly.  Now if some company decide to be a better search engine or anything else that Google does better than them then that company will get rewarded over Google.   So, it's not a monopoly."}
{"_id": "454867", "title": "", "text": "The best option would be to have the dental office allow you pay in installments. That would be probably the cheapest and most convenient way. When high amounts are involved - many medical offices are flexible with payments and allow spreading over long period of time, so you should check it out. Otherwise, credit cards would probably be the most expensive loan, but you should shop around and compare the rates offered to you, it is hard to guess would you may get."}
{"_id": "454871", "title": "", "text": "The safest investment is probably a money market fund [originally I said a TIPS fund but they appear to be riskier than I had thought].  But you might not want to invest everything there because the returns are not going to be great.  High returns come with high risk. The best portfolio has some percentage (which may be 0) of your money in a safe asset like a money market and some in a risky portfolio (this percentage may also be zero for some people).  You should consult your own risk aversion and decide how much money to put in each.  If you are super risk-averse, put almost all of it in the money market.  If you want a little more return, put more of it in the risky portfolio.  This is a fundamental result of finance theory. What's the risky asset?  A fully diversified portfolio of bonds and stocks.  People don't agree on exactly what the weights should be.  The rule of thumb back in the day was 60% stock and 40% bonds.  These days lots of financial planners recommend 120 minus your age in stock and the rest in bonds.  But no one really knows what the perfect weights in the risky portfolio should be (the rules of thumb I just gave have little or no theoretical foundation) so you have to choose for yourself what you think makes sense."}
{"_id": "454876", "title": "", "text": "Freakin' laws and taxes are such a headache. We should band together to eliminate these, but only in regard to our business interests.   As for abortion and education laws, those are no headache to us. Creates more hard-working half-wits for us to exploit"}
{"_id": "454892", "title": "", "text": "First, keep about six months' expenses in immediately-available form (savings account or similar). Second, determine how long you expect to hold on to the rest of it.  What's your timeframe for buying a house or starting a family?  This determines what you should do with the rest of it. If you're buying a house next year, then a CD (Certificate of Deposit) is a reasonable option; low-ish interest reate, but something, probably roughly inflation level, and quite safe - and you can plan things so it's available when you need it for the down payment. If you've got 3-5 years before you want to touch this money, then invest it in something reasonably safe.  You can find reasonable funds that have a fairly low risk profile - usually a combination of stock and bonds - with a few percent higher rate of return on average.  Still could lose money, but won't be all that risky. If you've got over five years, then you should probably invest them in an ETF that tracks a large market sector - in the US I'd suggest VOO or similar (Vanguard's S&P 500 fund), I'm sure Australia has something similar which tracks the larger market.  Risky, but over 5+ years unlikely to lose money, and will likely have a better rate of return than anything else (6% or higher is reasonable to expect).  Five years is long enough that it's vanishingly unlikely to lose money over the time period, and fairly likely to make a good return. Accept the higher risk here for the greater return; and don't cringe when the market falls, as it will go up again.  Then, when you get close to your target date, start pulling money out of it and into CDs or safer investments during up periods."}
{"_id": "454896", "title": "", "text": "Does anyone know if there is a way to set up a practice account?  I only have index ETFs currently, and would like to play around and get a feel for other stocks/options before putting real money into it."}
{"_id": "454903", "title": "", "text": "\"&gt; PEW Research Center Social Media Report 2016  Here's [the link.](http://www.pewinternet.org/2016/11/11/social-media-update-2016/) I was looking for something this year and skipped over this one. I'd imagine these figures may have changed since the election.  I don't doubt that FB overtakes the market in terms of users who have established a presence on the service. I'm just suspicious of that percentage actually representing *active* users of the service. I, for one, have an FB account but won't touch it with a 10 foot pole. I keep it open mostly as a \"\"phone line\"\" people can use to contact me if they don't have any other method of contacting me.\""}
{"_id": "454906", "title": "", "text": "Guys, this discussion is fantastic. Finally I understand how money works. Lets make this event crisper and spread the word. I guess one edited text would work best. So I've put it in a Google Doc for us to improve (e.g. add links to Wikipedia for relevant terms.)  https://docs.google.com/document/d/1YaVvkPYfrShWM4hTuWU7ncGItigql7iStCo85nAXI-U/edit  I hope this is not an un-Redditish idea."}
{"_id": "454916", "title": "", "text": "\"Yes the source is pushing a survivalist agenda, and feeding whatever story they can coerce into that agenda. Yet the article directly linked the [federal reserve report](http://www.federalreserve.gov/econresdata/2013-report-economic-well-being-us-households-201407.pdf) the numbers came from at the start of the second paragraph. Something news articles rarely do, whether it be economics, legal judgements, or whatever. Hence the \"\"bullshit underneath\"\" is itself bullshit. I just wish all such articles from all sources would do the same.\""}
{"_id": "454919", "title": "", "text": "Looks like it stands for Accident and Emergency.   Yes, that is a grey aeea, similar to mental illness, disability, old age of those who cannot afford help, terminal sicknesses and autism. My heart goes out to them, while my brain calculates the cost to the national bottom line. For example, per one study, about 80% of emergency care is spent on extending the life of a terminally ill patient by only three months on a sick bed. That money could serve millions avoid sickness.   I don't know what to say on this topic since it sits at the intersection of the current great national debate.  Edit - Add to this list addicts, orphans, homeless, victims of crime and others I may have missed."}
{"_id": "454931", "title": "", "text": "Get the worker put it in writing, and deduct it in December under constructive receipt rules. The fact that you're getting the actual cash in January isn't significant as long as you've secured the payment. Verify this with a tax adviser, but that's what I would do."}
{"_id": "454937", "title": "", "text": "I'd be tempted to pay off the 35k in student loans immediately, but if you have to owe money, it's hard to beat zero percent. So I don't think I would pay it all off. Maybe cut it in half to make it a more comfortable payment. Currently, you are looking at $6K a year to pay them off, which is about 20% of your income. Cut that in half and you will sleep better! Definitely pay off the medical and credit cards. You're probably paying 20% on that. Clean it up. If you need a car, buy yourself a car. You have no savings, so I would put the rest in some kind of money market savings account. You are at an age where many people go through frequent changes. Maybe you get your own place, and you'll need to furnish it. Maybe you go back to school. Maybe you get married or have kids. Maybe you take a year off and backpack through Europe or Asia. You have a nice little windfall that puts you in a nice position to enjoy being young, so I would not lock it up into a 401k or other long term situation."}
{"_id": "454951", "title": "", "text": "\"Does the money lending between us need to be reported in our tax   reports? No. Will he be taxed more because of lending the money to me? Yes. Will I be taxed more because of borrowing the money from him? No. How shall we report it so as to minimize our taxes? You cannot. What is reported on your tax returns is the income. A loan is not an income, so nothing gets reported. However, when you repay the loan, assuming it has interest, the lender has income: the interest. Interest income is reported on schedule B of the regular (1040/1040A) tax return (or, in the case of non-resident for tax purposes, on line 9 of 1040NR). It is taxed as ordinary income, and since you're both foreigners - the lender should look into the treaty provisions that might be relevant. Generally it is not exempt from taxable income based on treaty exemptions for students (which is only for earned income), but there might be other rules in the treaty regarding interest income. If there's no (fair market or higher) interest, then there's \"\"assumed\"\" interest at the IRS mandated rates, which is considered a gift. If it amounts to more than the yearly gift exemption, the lender may be liable for gift tax (depending on the lender's and your status, and again - see treaties). \"\"Loan\"\" without an obligation to repay and without actual repaying will also be considered a gift for tax purposes. If the lender has no intentions of having the loan repaid (i.e.: making a gift), it will be better to pay your tuition bills instead of actually giving you the money: tuition is exempt from gift tax. Talk to a CPA/EA licensed in your state for a proper tax advice on this issue.\""}
{"_id": "454976", "title": "", "text": "I went through a very self damaging phase in my teens and wound up having to get a GED. I eventually followed it up with a punt for college and got a 2yr Assoc in Business. When I finally got my head out of my ass around my 30s, I realized how much I was stuck in the ~$25-30k bracket. I got an entry level job doing computer repair and started hitting the books &amp; web. Soon, I was taking on web design and basic server admin duties. I got downsized and wound up looking again. Wound up in an entry level again doing first level support &amp; inventory for a local ISP. I took an interest in networking and self studied for and got my Net+ and Sec+. I was acting as their local level network engineer but they weren't willing to change my pay or title so I began looking. I wound up getting picked up by a recruiter who helped me land a job that over doubled my pay and got me into a position where I'd get a lot of experience with high demand technologies and they'd sponsor my security clearance. I'm now closing in on the magical 6 digits but it's all about self motivation on constant education and learning. It should also be said that patience must be remembered. I knew I had dug a hole for myself and it wouldn't be overnight... I'm now in my early 40s so it's been a full decade of effort and just getting by."}
{"_id": "454988", "title": "", "text": "We are the biggest stockist of all Indian motorcycle spare parts. Geloman's Indian Spares also provide all spare parts online. If you want to Indian 741 motorcycle spare parts online, visit our company workshop and after the search, you can book your order. The good thing is that usually all parts on our website are very cheaply priced. If you try to find the spare parts dealers on your own, you might end up with fraudsters."}
{"_id": "455005", "title": "", "text": "Sure of course you can do balance transfers like this but you are way late to the party and it has gotten to be pretty challenging finding new cards to transfer balances to. Before the current financial crisis in the US you could get enormous amounts of credit (2-5 times a person's annual income) and transfer balances to your bank account to collect interest . There were a bunch of ways to the transfer everything from direct deposit to your bank account to a balance transfer check payable to yourself to overpaying another credit card and requesting a refund. Over paying another account sets off a lot of red flags now days but other methods still work. The financial atmosphere has changed a lot and there are very few available cards with no balance transfer fees or capped fees and the interest rates are a lot lower now so it really isn't worth doing."}
{"_id": "455033", "title": "", "text": "I would go with your alternative idea: get rid of the debt as fast as possible.    You have $32k of debt. It's a lot, but with your new $90k salary, do you think you could get rid of it all in 12 months? See if you can make that happen. Once the debt is gone, you'll be in a position to invest as much as you want and keep all your gains. You are worried about sacrificing future money in your investments, but if you eliminate the debt over the next year, this will be minimized. Just lose the debt."}
{"_id": "455044", "title": "", "text": "\"Wow that's pretty bad with the passwords.  I do have an account there which had my basic website up there but just with their default URL which is when I noticed how much facebook hated that and I hadn't gone through the process of connecting my domain name.  I would have done more research if it was one that took payments or customer info but it's more of a hub for my work and the platforms I'm on so there wasn't that risk so I stuck it up there as a temporary measure, but it doens't seem like it is too good a one by the sounds for the long term.  I also asked about this on r/webdev and I studied both buyshared and AWS (taking advantage of the \"\"free\"\" year) and I have now but the website on AWS (it took forever to work it out adn connect the domain but it is finally done now).\""}
{"_id": "455072", "title": "", "text": "Welcome to food service. I honestly don't know a chain restaurant run differently. You get shat on as a server.  The entire system is rigged to use you as the flex point, the breaking post. Food wasn't good? The waiter gets punished through his pay, not the restaurant. The food was late? The waiter's pay get's punished, the restaurant get's their full payment.   The host screwed up? Comes out of the waiters tips.   The business isn't doing well? Mine as well dip into the servers tips, so we can pay EVERYONE $2.13 instead of minimum wage...  So really, you have an enormous power to treat their employees better. Tip more. But some how, I don't see America tipping more."}
{"_id": "455079", "title": "", "text": "Congratulations on your bonus may many more come your way. I am having a bit of trouble following your numbers but it seems you are considering PMI for the life of your loan.  Once you get below 20% loan to value, you can petition the mortgage company to remove the PMI (with conventional loans; VA and FHA have lifetime PMI). If it was me, I'd do one of two things.  Both involve paying off the student loan now.  The savings from the student loan payment will assist you in helping you meet one of the two goals below.  Also both involve getting a 15 year fixed. The first would be to buy the house now, and work like crazy to get rid of the PMI.  My goal would be to get rid of this within 18 months.   The second would be to save up enough cash for the 20% down and then buy the house.  You'd miss out on the house you are looking at, which is kind of heartbreaking.  Who is to say that a better home does not come along at the same price?  My goal would be to have the downpayment in 9 months, and really try to have it in 6 months. Being an old guy that has experience how much of a virtue patience is, I'd recommend the second option."}
{"_id": "455141", "title": "", "text": "Daycare which provides adequate care for your kids while you are working or otherwise not able to cater and care for them has become a business like any other There are many popular daycare franchise opportunities are available in every state.\u00a0 Examples of daycare franchise opportunities are TechJOYnT Foundation, The Growing Room and Discovery Express among others. While about STEM franchise, it is everywhere. No matter what career path your child might choose, STEM will be an important part of their day. Click here for more details:\u00a0http://www.techjoyntfranchise.com/daycare-franchise-opportunities/"}
{"_id": "455151", "title": "", "text": "I would agree, if Americans were willing to do those jobs under the current circumstances. It's hard work; in the sun, for minimum wage (sometimes more), and many farms are exempt from paying overtime so you just get straight time for the 80+ hours you work in one week.  However, there never seems to be the line for employment. Don't come complain about illegals taking jobs from Americans, when the American don't want to do the work."}
{"_id": "455168", "title": "", "text": "\"Yes! What you are describing is an \"\"off-exchange\"\" trade and can be done using stock certificates. Here, you will privately negotiate with the seller on a price and delivery details. That is the old-school way to do it. Many companies (about 20% of the S&P 500) will not issue paper certificates and you may run a hefty printing fee up to $500 (source: Wikipedia, above). Other other type of private-party transactions include a deal negotiated between two parties and settled immediately or based on a future event. For example, Warren Buffet created a deal with Goldman Sachs where Warren would have the choice to purchase GS shares in the future at a certain price. This was to be settled with actual shares (rather than cash-settled). Ignoring that he later canceled this agreement, if it were to go through the transaction would still have been handled by a broker transferring the shares. You can purchase directly from a company using a direct stock purchase plan (SPP). Just pick up the phone, ask for their investor relations and then ask if they offer this option. If not, they will be glad for your interest and look into setting it up for you.\""}
{"_id": "455185", "title": "", "text": "Jeff Bezos; just like Jobs, Ellison, Zuckerberg, will never understand the plight of their employees.  Their main goal is how much wealth and power they can consolidate for themselves.    The Tech industry in general is a pretty horrible industry; huge profits very little return to the economy.  Unless we vote in better politicians, we will always have to remind tech CEOs that charity begins at home."}
{"_id": "455189", "title": "", "text": "\"Yes. You did not notice the \"\"$1,410 Customer Down Payment\"\", the \"\"$650 Acquisition Fee\"\", the \"\"$350 Disposition Fee\"\" \"\"due at lease termination\"\", and the \"\"$275 security deposit\"\" for customers who do not have good enough credit.  Also, \"\"A dealer documentary service fee up to $150 may be added to the sale price or capitalized cost.\"\" These charges might (or might not) add up to the dealer profit margin.  You can negotiate the \"\"Adjusted Capitalized Cost\"\" of \"\"$29,841\"\", and the \"\"documentary service fee\"\".  By doing so, you can reduce your up-front payment (and the dealer profit margin). The price mentioned above \"\"Includes destination charge, but excludes state and local taxes, tags, registration, title and insurance.\"\"  Also, this is a \"\"low mileage lease\"\".  If you choose to not purchase the vehicle at the end of the lease, you \"\"may be charged for excessive wear based on Toyota Financial Services standards for normal use and for mileage in excess of 24,000 miles at the rate of $0.15 per mile\"\".\""}
{"_id": "455190", "title": "", "text": "I hate to be the person who has to say this, but... You do realize that there's a Juilliard (or Curtis, or Eastman School of Music, or even U of Michigan...) and then there's a fucking *University of Georgia*? Juilliard for music is like MIT or Caltech for computer science. The lady from Equifax wasn't quite bright enough as a musician to make it into Juilliard."}
{"_id": "455239", "title": "", "text": "&gt; I think all taxes are theft, no matter who they come from.  That is a matter of opinion. Obviously, I disagree with that sentiment. Do you have a reason behind it?   &gt; Again, you haven't really substantiated any claim about your financial situation.   I have scanned in a tax summary sheet from my CPA. I took off all the personal identifying data. I would be happy to share it with you, but I am not sure how to attach it to posts like this. Any ideas?   &gt; Additionally, I'm sure someone of your financial stature would have enough time to go on Reddit.  I am an owner, if I want to sit at my work desk and reddit - as I am doing right now - I can do that. Not what I typically do, but I just got off travel, and trying to get back into it. Plus, I am procrasting a little bit, because we have some big projects coming up! I am still human!  &gt; Literally take your pick and we can begin  Okay, I will pick a topic that I am more familiar with - Defense R&amp;D. My position is that, while there are many companies that do R&amp;D in the world of defense, there is also much innovation that comes from the government itself. GPS is one such technology. And while there are many very innovative companies that have built onto and done some amazing things with this technology, if it weren't for government investment and R&amp;D, it wouldn't exist.   &gt; And yes, even people who advocate only higher taxes for the rich will end up with higher taxes for me (I.e. Bernie Sanders)  What part of Bernie's proposal leads you to believe that?"}
{"_id": "455242", "title": "", "text": "Typically the fees are charged when the order is executed.  The only catch I have ever ran into is when an order is partially executed. A good-till-cancel order that gets executed in several blocks over multiple days may get charged a separate commission for each day (but typically not each block).  If this is a simple brokerage account, you could avoid the whole question by using robinhood.com, which charges no commissions or maintenance fees."}
{"_id": "455261", "title": "", "text": "You will want to focus on how much is needed for retirement, and what types of investments within the current 401K offerings will get you there. Also will need to discuss non-401K investments such as an IRA, college savings, savings for a house, and an emergency fund.  The 401K should be a part of your overall financial picture, how much you invest in the 401K depends on the options you have (Roth 401K available), how much matching (some a little or a lot), and your family plans.  You have a few choices:  Your company through the 401K provider may provide this service. They may have limited knowledge in what non-401K funds you should invest in, but should be able to discuss types of investment. Fee only planner. They will be able to discus types of investments, and give you some suggestions. Because they don't work on a commission they will not make the investment for you. You need to be able to make the actual selection of investments, so make sure you get criteria to focus on as part of the package.  Commission based planner. Will make money off your investment choices. May steer you towards investments that their company offers or ones that offer them the best commissions in that investment type. If the 401K doesn't use funds that the planner can research you will need to provide a copy of the prospectus provided by the 401K. My suggestion is the fee only planner. They balance the limited focus of the 401K company without limiting themselves to the funds their company sells. Before sitting down with the planner get in writing how they fee structure works. A flat fee or hourly fee planner will be expecting you to do all the investment work. This is what you want. Let the fee only planner help you define your plan. But also reanalyze the plan every few years as your needs change."}
{"_id": "455266", "title": "", "text": "There's an explanation of what that means a few lines farther down that page: It looks like they keep a record of ~600 days of their previous implied volatility calculations, but some symbols might not have that much valid data.  So when they report the current IV as a percentile of all those previous IVs, they want you to know exactly how reliable that measurement is. If they only have 30 days of past IV calculations, then the percentile doesn't mean all that much.  On the other hand, if they have 600 days of past IV calculations, then the current percentile is pretty significant."}
{"_id": "455271", "title": "", "text": "Those who purchased Rola roof racks know they got it right and those that didn't purchase Rola roof racks, wish they had done so. Simply put, there's no better roof rack system in the World then the Rola roof racks.Fact is, Rola has been part of the Australian leisure and sporting scene since the early 1980\u2019s which was when the company began operations. Their product was and continues to be so revolutionary in design, that customer's trust in Rola is total."}
{"_id": "455290", "title": "", "text": "\"Noted... the tricky thing is that some people are quite literally living paycheck to paycheck, even without any extravagant spending.  If you're in this boat, and something comes up, like a broken tooth, or a transmission, or something else, and you think, \"\"Well, I can pay this big bill today, then my check get deposited in 2 days, so I can pay my phone then, even though it'll be a little late, and so on and so on. You weren't going to bounce anything, true, but then the bank took an extra day to deposit a check FROM ANOTHER BRANCH OF THE SAME BANK... and now you owe them $35.   I'm not saying we shouldn't all be financially responsible, we should. It's just that things can be really, really tight for people. \"\"Just don't spend it,\"\" literally isn't an option.   I honestly have been the best about money when I only had an account that I had to deposit by mail... I had to plan enough ahead that I couldn't get too low. I'm thinking I may go back to that system, just for that reason.\""}
{"_id": "455306", "title": "", "text": "You're totallllllllly right - companies on social are mostly trying to make dough, but fuck me they royally fuck it up. Less than 1% of anyone liking a business' page are going to see anything the company posts. Yet here we are in 2017 with SME's still buying Facebook likes inventory as ad  objectives.   The fuck?  When you hook your PPC into analytics and you run your hotjar and then see who's buying, who's abandoning and WHY - then you have a potent force for remarketing and ultimately selling stuff successfully via social.   But as you say, most companies still going for organic social traffic which jusssssst ain't going to happen.  Pay to play. &lt;shrugs&gt;  Good convo with you man - appreciate a good Reddit yarn like this."}
{"_id": "455340", "title": "", "text": "With AWS, they just took every single penny they made and spent it on R&amp;D and infrastructure.   That was a long term strategic investment.   It wasn't like flooding a market with cheap steel to wipe out the other steel producers.   Bezos created his own brand new industry with AWS"}
{"_id": "455376", "title": "", "text": "Ok, see that was my thinking too.  Historically, stocks and land values have always gone up, even after the depression.  So, it seems to me, that if you have a buy and hold strategy with a horizon of 10-20 years, then you should be fine.  Is my thinking realistic along those lines?"}
{"_id": "455398", "title": "", "text": "Sounds like a bad idea. The IRA is built on the power of compounding. Removing contributions will hurt your retirement savings, and you will never be able to make that up. Instead, consider tax-free investments. State bonds, Federal bonds, municipal bonds, etc. For example, I invest in California muni bonds fund which gives me ~3-4% annual dividend income - completely tax free. In addition - there's capital appreciation of your fund holdings. There are risks, of course, for example rate changes will affect yields and capital appreciation, so consult with someone knowledgeable in this area (or ask another question here, for the basics). This will give you the same result as you're expecting from your Roth IRA trick, without damaging your retirement savings potential."}
{"_id": "455405", "title": "", "text": "\"Funnyman RUSSELL BRAND flew into a rage during a U.K. TV interview after he was quizzed about his split from KATY PERRY. The British comedian was promoting his new movie musical Rock Of Ages on The Graham Norton Show when the Irish host asked him about his failed marriage. Brand looked into the audience at his mom Barbara in the front row, then turned to Norton and accused him of making her tear up. He ranted, \"\"My mom is here. She got upset when you dragged up my marriage. I saw her cry, Graham. That's the reality because it's real people, Graham, that's my real mom. I have come here to promote a film and you made my mom cry. I don't see you as that sort of person Graham.\"\" Norton insisted, \"\"I don't see myself as that kind of person,\"\" and explained that it would have seemed \"\"weird\"\" not to ask about Perry as she had been a guest on the show last week (07Jun12). Brand retaliated, \"\"Will people sit and think, 'Oh, that's odd.' What I would have done, mate, in your position is come up to me before the show and gone, 'Listen, it's a bit odd that your ex-missus was on last week. I might mention it, is that OK?' But in all of the chatting and the research backstage, no one mentioned it.\"\" When Brand finally chatted about his failed union, he said, \"\"Some human beings get married and hopefully it works out for them and maybe it won't. If people get divorced, maybe that is a sad thing.\"\" The heated exchange was edited from the episode when it aired on Friday (15Jun12).   Read more: http://www.abc2news.com/dpp/entertainment/celebrity/Russell-Brands-TV-outburst-over-Katy-Perry-questioning_85350634#ixzz1yCips8Fo\""}
{"_id": "455425", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://projects.propublica.org/graphics/gdp) reduced by 95%. (I'm a bot) ***** &gt; A recent report from the National Academies of Sciences, Engineering and Medicine found &amp;quot;Little evidence that immigration significantly affects the overall employment levels of native-born workers.&amp;quot; While not all people are affected by immigration the same way many studies have concluded the same thing: that immigrants by and large don&amp;#039;t displace native-born Americans, and in fact sometimes actually create more jobs for the people already in this country.  &gt; Even during periods of extremely high immigration such as during the late 1990&amp;#039;s and early 2000&amp;#039;s, and including estimates of unauthorized immigrants, the U.S. only took in around 2 million immigrants per year.  &gt; It&amp;#039;s Not Only About GDP. Of course, the question of how immigration impacts GDP is a small slice of a much broader question of how immigrants and immigration policies affect our economy.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6oe39h/the_immigration_effect_theres_a_way_for_president/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~171199 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **immigrant**^#1 **Immigration**^#2 **work**^#3 **percent**^#4 **growth**^#5\""}
{"_id": "455428", "title": "", "text": "Just as a renter doesn't care what the landlord's mortgage is, the buyer of a house shouldn't care what the seller paid, what the current mortgage is, or any other details of the seller's finances.  Two identical houses may be worth $400K. One still has a $450K loan, the other is mortgage free. You would qualify for the same value mortgage on both houses. All you and your bank should care about is that the present mortgage is paid or forgiven by the current mortgage holder so your bank can have first lien, and you get a clean title.  To answer the question clearly, yes, it's common for a house with a mortgage to be sold, mortgage paid off, and new mortgage put in place. The profit or loss of the homeowner is not your concern."}
{"_id": "455456", "title": "", "text": "Outside of maintaining systems?  Some IT guys get plugged into quant roles, not so much of the hardcore analytics, but maintaining models, programming in different languages, etc.  Look at high frequency trading shops, they use engineers / math majors as their bread and butter to code algorithmic trading models.  Lots of data-mining goes into these models, pulling up enormous amounts of historical trading data, determining patters, modifying the data to compensate for new variables.   Hope this helps."}
{"_id": "455457", "title": "", "text": "More moving parts will make your budget harder to keep track of, not simpler. Budget systems like You Need a Budget recommend simplifying your accounts, even if the various accounts give you specialized bonuses like rewards for restaurants or gasoline or travel. The effort of keeping track of all the options and accounts can outweigh the value you get from them. Instead, I recommend using a simple and structured budget system (like YNAB) that walks you through all of the steps toward building good habits and keeping them simple so that you can maintain the habit."}
{"_id": "455465", "title": "", "text": "Aldi is run by like 2 people at a time.  Customers take their trash to use as shopping boxes and put the carts back for them.  They don't accept all methods of payment to avoid any fees."}
{"_id": "455467", "title": "", "text": "Probably several years at least.  Maybe more like ten years. You need to watch a market for a substantial period of time to make money consistently. If you hit it big before then, you beat the odds that were against you."}
{"_id": "455470", "title": "", "text": "I don't want to get in the middle of a fight between you and your fiancee. Well, I suppose if she gets mad at me she can't break up with me or anything. But I'd say that you were right. Say you took the job. After 3 months there are 3 possibilities:  The job becomes permanent. Hooray, everybody's happy. They say sorry, there is no long term position for you here, good bye. Now you've already quit your last job, this job is gone, and you're on the street. I don't know what the job market is like for people with your particular skills, but at the very least it would be inconvenient, and if you can't find another job quickly, you could be in serious trouble. They say they can give you a permanent job, but the pay, benefits, working conditions, whatever, will not be the same as they were for the temporary job. Now you're in a very poor negotiating position, as if you turn down any offer they make, you're unemployed. Something similar to this happened to me once: I quit my job to take a position with a contracting company. They placed me on a contract making a good salary, all around nice job. Then after a year I was told that the client wanted to turn this into a full time position. They were pleased with my work and were happy to hire me for the full-time job ... but the pay would be $15,000 less than what I was making as a contractor. I had already quit my previous job and moved to a new city. I had very little negotiating leverage. I basically had to take the job or be unemployed. @DStanley says you should have discussed this with your fiancee before making the decision. Fair enough, probably so. This is the sort of issue that can break up a relationship -- I mean radically different ideas about the proper balance between opportunity and security. Better to find out when you're engaged than after you're married. And if you were married you should certainly discuss such things with your wife and at least hear what she has to say before making a decision."}
{"_id": "455488", "title": "", "text": "You can often convert the outstanding balance of a HELOC into a fixed-rate home equity loan, generally with the same bank.  Doing this can open possibilities to extend the term allowing for lower monthly payments, but resulting in a larger overall payoff cost. Most HELOCs allow for an interest-only payment or in some cases no-payment at all if you still have unused available credit. Not advising that you do this. If you are struggling with the size of the payment converting to a fixed-rate, fixed-term loan may be what you need. The key will be getting the term such that you can manage both the principal and interest that will be included in the payment."}
{"_id": "455508", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ceps.eu/publications/eu-and-israel-partnership-and-weight-history) reduced by 87%. (I'm a bot) ***** &gt; &amp;quot;If I have to choose between a small Israel, without territories, but with peace, and a greater Israel without peace, I prefer a small Israel.\"\"  &gt; Netanyahu&amp;#039;s terms in office - he was prime minister in 1996-99 and again after 2009 - saw a sharp deterioration in relations with the EU. Seen from Jerusalem, the EU appears to be siding with the Palestinians; it is the Palestinian authority&amp;#039;s largest donor, and some member states, including France, were early champions of Palestinian statehood.  &gt; With Israel&amp;#039;s domestic politics having shifted dramatically to the right over the past decade or so, a loss of power for Netanyahu&amp;#039;s Likud party or the prime minister&amp;#039;s removal over an ongoing corruption investigation would change little with regards to attitudes towards the Palestinians, and hence relations with the EU. At the same time, the regional setting, with wars ongoing in Syria, Yemen, and Iraq; low-intensity conflict in Libya; and increasing competition between Saudi Arabia and Iran, shows little sign of improving.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ywdm7/ceps_the_eu_and_israel_partnership_and_the_weight/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~206605 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Israel**^#1 **Palestinian**^#2 **EU**^#3 **Israeli**^#4 **war**^#5\""}
{"_id": "455524", "title": "", "text": "\"Not only is this a marketing gimmick masquerading as an article, but the principle survey question it cites appears to be pretty stupid (I say \"\"appears to be\"\", rather than \"\"is\"\", because nowhere can I find the actual wording of the question).  Compare the following questions:  \"\"What would make you happier, a better boss, or a pay raise?\"\"  \"\"What would make you happier, exchanging your current boss for the best boss you've ever had, or a 50% increase in pay?\"\"  In the first case---the question apparently asked in the actual survey---the responder is left to interpret the relative sizes of the proposed improvements to their job. There's no reason to believe they're considering changes of commensurate size, and in fact there may be systematic bias toward a more significant envisioned improvement in their boss.  Frankly, I would expect this bias, since a person's attitude toward their boss is often colored by the dictator-subject nature of their relationship. Let's be honest, we are predisposed to dislike people who have authority over us. When survey respondents are envisioning a \"\"better\"\" boss, they may very well be thinking about a boss who doesn't exercise that authority. But that's not a very realistic alternative, since such a boss would not be effective from the company's standpoint.  In the second question, the respondent has more concrete alternatives to consider. Their alternative boss is at least now confined by realism: this alternative boss had to have at least existed. Furthermore, the pay rise is well-specified.  Finally, any survey question on this matter suffers from the cheap-talk nature of surveys. If actually faced with this choice in the real world, would people put their money where their mouth is? I would hazard to guess that, as long as the pay increase was of a reasonable size, more than a few people who indicated \"\"better boss\"\" would ultimately take \"\"pay raise\"\" given the actual choice.\""}
{"_id": "455529", "title": "", "text": "I would go here and play with the FASFA financial aid calculator to see if you qualify for grants, which is probably your ultimate objective.  It would seem to me that qualified retirement contributions do not count towards eligibility provided you are younger than 59.5, and even then it would be questionable."}
{"_id": "455532", "title": "", "text": "Want to know what is a wild at heart boot camp? Click here at Men of Valor to learn about their heart boot camp! Men of Valor provides a boot camp that emphasizes the Spirit of God with a minor theme in nature for every man without restriction. Check out http://www.men-of-valor.com/what-is-a-boot-camp.html for more information about their boot camp."}
{"_id": "455565", "title": "", "text": "Don't follow the sheep.  Ice age, global warming, climate change, ect it doesnt matter.  They will spin this scam anyway they can.  A volcano eruption spews more carbon dioxide than man kind could in a life time.  There are liberals who want to destroy the economy to make us so desperate that we turn to communism.  They know that the best way to do that is to ruin the oil industry.  Open your eyes."}
{"_id": "455576", "title": "", "text": "Actually we have bridges falling apart and crappy school systems because the government took it upon itself to get involved in those things.  If money would make schooling better, why has the quality of education decreased so much over the recent years while the money spent has increased?"}
{"_id": "455577", "title": "", "text": "I think you answered yourself. The rate difference is because of the base rates differences, and it's not worth moving money around because the rate conversions (even if the currency rates don't fluctuate) will eat up the difference."}
{"_id": "455608", "title": "", "text": "\"My suggestion would be\"\"inclusive/ including 2% service charge\"\" or \"\"2% deductible towards service charge would apply\"\"\""}
{"_id": "455609", "title": "", "text": "I'm not sure it is the best idea, but you can buy only 4 stocks generally.  As you alluded to, you should take notice of the fees.  Also note that many stocks trade at significantly lower prices than Apple's per shares, so you might want to factor that into your decision.  You could probably get a better feel for transactions if you bought say 50 shares of a $30 stock; then it might be easier to see what it's like to sell some, etc. Note that specific trading sites might have various limits in place that would pose as barriers to this sort of behavior though."}
{"_id": "455611", "title": "", "text": "Volatility typically decreases when stocks rise except pending news events or fast markets.  It has a great impact of the premium of the option."}
{"_id": "455614", "title": "", "text": "Just one more thing to consider: a friend of mine had some student loan debt left over from graduate school. Years later, through his employer, he was able to apply for and receive a grant that paid off the remainder of his student loan. It was literally free money, and a significant amount, too. The windfall was a little bittersweet for him because he had been making extra payments over the years. The cap on the grant was something like $50k and he wasn't able to use all of it because he had been aggressive in paying it down. (Still, free money is free money.) Sure, this is a unique situation, but grants happen."}
{"_id": "455624", "title": "", "text": "Why are we pretending Mexico is some boiling cauldron these people are being thrown into? There are some areas to avoid for sure but if you aren't into illegal things and take skills you should have learned here and apply them there you'll be a big success in Mexico and you can visit US because Mexicans already get preference. And if you learn a skill you can come here on a work visa. I'm guessing people who act like this is a huge deal don't get out of the country much."}
{"_id": "455631", "title": "", "text": "Oh so you've done the math then? Would you mind showing your work?   Newsflash: good luck isn't unique to rich people no more than bad luck is unique to poor people. To suggest there is an economic system that eliminates bad luck is to suggest you believe Huggy-lovee-feefee Land is an actual place."}
{"_id": "455648", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/10/opinion/health-insurance-free-market.html) reduced by 71%. (I'm a bot) ***** &gt; A believer in free-market medicine, Mr. Ryan has said about health care: &amp;quot;You get it if you want it. That&amp;#039;s freedom.&amp;quot; Yet being given services without your consent, and then getting saddled with the cost, is nothing like freedom.  &gt; Deep down inside, we all intuitively know that health care is not a free market, or else society would not allow me to routinely care for people when they are in no position to make decisions for themselves.  &gt; If we believe that those lying there in their most vulnerable moments deserve a shot, then we need to push forward with the idea that health care, at its core, must be designed around a caring system that serves all people fairly.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mg1al/dont_leave_health_care_to_a_free_market/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~163842 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **care**^#1 **health**^#2 **free-market**^#3 **want**^#4 **believe**^#5\""}
{"_id": "455663", "title": "", "text": "Hello, I'm a bot. I see you have mentioned Trump's golfing problem.  The current Trump golf count is at . . . **50**. . .costing US taxpayers a total of **$71,735,000** . More data about his excessive spending at my [*Trump Golf Counter*](http://www.golfwithdonald.com). The exact locations and dates of his golf trips can be seen [*here*](http://trumpgolfcount.com/displayoutings)."}
{"_id": "455666", "title": "", "text": "You should pay for school with cash. If you take out a loan, you are not really saving money; you are borrowing money. I do not think you will come out ahead borrowing a down payment at student loan rates."}
{"_id": "455678", "title": "", "text": "I mean, how many movies can you ACTUALLY see per month? There are usually only like, 11 movies out every month. Unless you're just super bored and like to watch movies over and over again, there's not really a point in seeing one every single day.   Also, the subscription doesn't come with free concessions. Which is where theaters make most of their profits"}
{"_id": "455689", "title": "", "text": "People just see socialized program and more taxes and it's enough to put them in a rage. I don't get it. Like c'mon seriously look into it. We can't have profit be the motive for everything in this society. It wasn't always like this."}
{"_id": "455698", "title": "", "text": "\"Your are mixing multiple questions with assertions which may or may not be true. So I'll take a stab at this, comment if it doesn't make sense to you. To answer the question in the title, you invest in an IRA because you want to save money to allow you to retire. The government provides you with tax incentives that make an IRA an excellent vehicle to do this. The rules regarding IRA tax treatment provide disincentives, through tax penalties, for withdrawing money before retirement. This topic is covered dozens of times, so search around for more detail. Regarding your desire to invest in items with high \"\"intrinsic\"\" value, I would argue that gold and silver are not good vehicles for doing this. Intrinsic value doesn't mean what you want it to mean in this context -- gold and silver are commodities, whose prices fluctuate dramatically.  If you want to grow money for retirement over a long period, of time, you should be invested in diversified collection of investments, and precious metals should be a relatively small part of your portfolio.\""}
{"_id": "455708", "title": "", "text": "Manufacturer of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries - Our Ramming Mass can easily absorb thermal shocks. During operation of induction furnace, frequent power cut is done so it does not develop cracks. Shri Vinayak Industries always produce high quality silica ramming mass. Our ramming mass exhibits great performance. Our Silica Ramming Mass mineral is suitable for varying types, shapes and sizes of Induction furnaces that require acidic lining."}
{"_id": "455763", "title": "", "text": "Get the amazing unforgetable events through the West Palm Beach Escape Rooms. We have wonderful night services for the couple with the best dinner. So many clients are very happy, because it is a good opportunity for those bachelor boy, who want to full enjoyment service at the affordable.  The bachelorette parties west palm beach set in a gorgeous  nightclub, our hostesses will lead your friends with an amazing party service. You should find the most often  bachelorette parties west palm beach that  involves alcohol and questionable strip clubs."}
{"_id": "455798", "title": "", "text": "\"Really?  Because at Tier 5 for electricity I'm paying 35 cents a killowatt hour.  And at $1 per watt for a panel,  and 5 hours of sunlight per day in California, that's 142 days for pay back (grid tie).  It seems like Solar panels are cheaper for the \"\"peak load\"\" issues.  i.e. when the sun is hottest and people are running their AC's the highest, then the solar panels are kicking in (Grid tie).    But using a battery to operate off grid doesn't seem feasible currently.  And using solar panels to generate non-peak electricity doesn't seem efficient either.\""}
{"_id": "455800", "title": "", "text": "It's not the intent, it's the delivery. Real complaints go through management, HR, and legal departments, not open posts on internal social networks. There is a right way to do things which usually don't result in your getting fired."}
{"_id": "455840", "title": "", "text": "Well people aren't going to travel across the country to a casino. The issue though is that Pennsylvania in paricular created new ones that are stealing business from AC. New Jersey has legalized onlline gambling to try to give them an edge to avoid bankruptcy. that is helping slightly and expected to help some break even by the end of the year. However, I seriously doubt a large number will survive. Three will have closed by the end of the year as it is."}
{"_id": "455846", "title": "", "text": "\"Retired at 27, I have been travelling for some time now and am looking to get back to working on a major project... whatever that might be. \"\"Idle hands are the devils tools\"\" or something like it.  This has been my philosophy: I plan to work till the day I die, but the hell if I will have to!  Having financial stability totally kills motivation, I feel that every day. Sometimes I just want to blow half the money I worked for just for a reason to work for it again. Maybe thats the trick? Blow enough to bring your retirement down to age 50 again, then start hustling it back up.    Unless of course you didn't 'make' the money in the first place. Then I guess you'll just have to find a hobby.\""}
{"_id": "455851", "title": "", "text": "If you buy a new car, the odds that it will require repairs are fairly low, and if it does, they should be covered by the warranty. If you buy a used car, there is a fair chance that it will need some sort of repairs, and there probably is no warranty. But think about how much repairs are likely to cost. A new car these days costs like $25,000 or more. You can find reasonably decent used cars for a few thousand dollars. Say you bought a used car for $2,000. Is it likely that it will need $23,000 in repairs? No way. Even if you had to make thousands of dollars worth of repairs to the used car, it would almost certainly be cheaper than buying a new car. I've bought three used vehicles in the last few years, one for me, one for my son, and one for my daughter. I paid, let's see, I think between $4,000 and $6,000 each. We've had my son's car for about 9 months and to date had $40 in repairs. My daughter's car turned out to have a bunch of problems; I ended up putting maybe another $2,000 into it. But now she's got a car she's very happy with that cost me maybe $6,000 between purchase and repairs, still way less than a new car. My pickup had big time problems, including needing a new transmission and a new engine. I've put, hmm, maybe $7,000 into it. It's definitely debatable if it was worth replacing the engine. But even at all that, if I had bought that truck new it would have cost over $30,000. Presumably if I bought new I would have had a nicer vehicle and I could have gotten exactly the options I wanted, so I'm not entirely happy with how this one turned out, but I still saved money by buying used. Here's what I do when I buy a used car: I go into it expecting that there will be repairs. Depending on the age and condition of the car, I plan on about $1000 within the first few months, probably another $1000 stretched out over the next year or so. I plan for this both financially and emotionally. By financially I mean that I have money set aside for repairs or have available credit or one way or another have planned for it in my budget. By emotionally I mean, I have told myself that I expect there to be problems, so I don't get all upset when there are and start screaming and crying about how I was ripped off. When you buy a used car, take it for granted that there will be problems, but you're still saving money over buying new. Sure, it's painful when the repair bills hit. But if you buy a new car, you'll have a monthly loan payment EVERY MONTH. Oh, and if you have a little mechanical aptitude and can do at least some of the maintenance yourself, the savings are bigger. Bear in mind that while you are saving money, you are paying for it in uncertainty and aggravation. With a new car, you can be reasonably confidant that it will indeed start and get you to work each day. With a used car, there's a much bigger chance that it won't start or will leave you stranded. $2,000 is definitely the low end, and you say that that would leave you no reserve for repairs. I don't know where you live or what used cars prices are like in your area. Where I live, in Michigan, you can get a pretty decent used car for about $5,000. If I were you I'd at least look into whether I could get a loan for $4,000 or $5,000 to maybe get a better used car. Of course that all depends on how much money you will be making and what your other expenses are. When you're a little richer and better established, then if a shiny new car is important to you, you can do that. Me, I'm 56 years old, I've bought new cars and I've bought used cars and I've concluded that having a fancy new car just isn't something that I care about, so these days I buy used."}
{"_id": "455856", "title": "", "text": "Shorting the Euro is the same as staying long the dollar, so if you're in the US you don't need to do anything. If you want to make some serious money you would want to either short specific European bank stocks, or buy puts on some of the European indices."}
{"_id": "455868", "title": "", "text": "\"My father said it best to 17 year old me, \"\"when you have money you'll be more conservative too.\"\"  Sure enough mid 30s me is more conservative and pissed off at people getting free stuff from my taxes.\""}
{"_id": "455880", "title": "", "text": "I have lived in communal houses. Most people don't want roommates. Especially if that means having several kids.  I feel like your arguments are practical, I suppose, but not realistic. If I had 3 kids right now, if anything I would probably be earning less money because my flexibility would be much less. I couldn't pursue an education to earn more money because I would still have bills to pay for my kids. My parents are poor, and they live in an area that my job options would be about 3, and none would pay much more than minimum wage. I am 26, but I have known plenty of 19 year old single moms who just aren't able to get a job that pays well enough to support them, and again, they have few options to develop new skills. I guess you can say it is their fault, but we can hardly say that subway shouldn't have to pay them overtime or what is really less than a living wage. Economists and reality have shown us time and time again that more wages overall means a healthier economy. Every state that has raised wages in the past few years is better off because of it. Every state that has done so has seen their economy grow, and joblessness go down."}
{"_id": "455891", "title": "", "text": "There are a few scenarios I see possible:  1. Risk parameters in the algo were set very conservatively. Putting quotes out and canceling them is very common.   2. It was looking to exploit situations where someone rips through the book with a market order.  3. It was reacting too slowly to signals, and chasing opportunities that had already passed.   Other comments: What do you believe front running is? Your version differs from the textbook definition.   Quote taxes are more effective than minimum order durations. I wrote about how that works in a previous post in this thread."}
{"_id": "455895", "title": "", "text": "Literally not a single word of your comment is true.  1) They just posted 26.9% gross margins, up 1.4% since last quarter, with zero ZEV revenue.  2) Your 11,000 number is completely made up, particularly given that they had zero ZEV revenue.  3) What competition?  Name a car.  There's nothing.  Nothing out and nothing on the horizon.  4) Again, literally on that very same call, they said they've shaved hundreds of pounds off of the Model S since it started production due to improvements in battery technology.  Batteries improve 8-10% every year.  Everyone knows this."}
{"_id": "455896", "title": "", "text": "Hey man, help is help and I appreciate anything and everything. The best piece of business advice I ever got was to always look at your company from a consumer's point of view and that perfectly lines up with what you just said.   I'd love to see what you have."}
{"_id": "455912", "title": "", "text": "I accidentally bought gems on Clash of Clans due to the finger print id, and I bought it on an american express gift card. But when I remembered I used up the gift card until it was at $0 and I still got the gems? Do I tell apple or what? Also could the gift card be overdrafted?"}
{"_id": "455933", "title": "", "text": "I heard some financial institution ask for $25 withdrawal fees on TFSA. Watch out for it. TD told me. I will doublecheck. RBC do not charge withdrawal fees. I will check that too."}
{"_id": "455936", "title": "", "text": "Studies suggest people aren't comfortable around others who are way poorer or richer than they. You sound like a rational adult. You would be surprised how weird people associate with money.   Also, if we compare to earlier period it can only account as far as the same people in question were alive e.g not a generation before. Why? Because people can't understand how it was to live differently without actual experience.   Yes, the majority of the world lives better today but we also have much higher expectations, that needs to be accounted for.   Another matter is the rising cost of living expenses. Real estate doesn't seem to be dropping and that easily adds to financial anxiety when due to globalisation and technology the job markets become unstable."}
{"_id": "455952", "title": "", "text": "Applying for a mortgage is a bit of paperwork, but not too bad of an experience. Rates are pretty tight, if one lender were more that 1/4% lower than another, they'd be inundated with applications. Above a certain credit score, you get the 'best' rate, a search will show you the rates offered in your area.  If you are a first time buyer, there are mortgages that might benefit you. If you are a vet (for non-native English readers, a veteran who served in the US armed forces, not a veterinarian, who is an animal doctor) there are mortgages that offer low-to-no down payment with attractive rates.  Yes, avoid PMI, it's a crazy penalty on your overall expense of home purchase. If banks qualify you for different amounts, it shouldn't be a huge difference, a few percent variation. But, the standard ratios are pretty liberal even today, and getting the most you'd qualify for is probably too much.  Using the standard 28/36% ratios, a bank will qualify you for 4X your income as a loan. e.g you make $50K, they'll lend you $200K. This is a bit too much in my opinion.  If you come up short, you are really looking to borrow too much, and should probably wait. If you owe a bit on loans, it should squeeze in between those two ratios, 28/36. But I wouldn't borrow on a credit line to add to the purchase, that's asking for trouble."}
{"_id": "455963", "title": "", "text": "Ok, now Disney wants to endorse silly fanfics... Damn it, I feel a little sick after reading this. I do hope it's trolling and I'm too dumb to see it  On the business side of things, I do think overusing characters can be harmful. I know sales are great NOW, but these franchises need to have some time to rest and mature for a few years after such a great exposure. I get that intertextuality is Hollywood's new currency, but this has to be tied up carefully, like in the first Avengers movie, otherwise we get a rushed mess like BvS."}
{"_id": "455976", "title": "", "text": "\"I'm not intimately familiar with the situation in Australia, but in the US the powers that be have adopted an interventionist philosophy. The Federal Reserve (Central Bank) is \"\"buying back\"\" US Gov't debt to keep rates low, and the government is keeping mortgage rates low buy buying mortgages with the proceeds of the cheap bond sales. While this isn't directly related to Australia, it is relevant because the largest capital markets are in the US and influence the markets in Australia. In the US, the CPI is a survey of all urban consumers. If you're a younger, middle class consumer with income growth ahead of you, your costs are going to shift more rapidly than an elderly or poor person who already owns or is in subsidized housing, and doesn't spend as much on transportation. For example, my parents are in their early 60's and are living in the house that I grew up in, which they own free and clear. There are alot of people like them, and they aren't affected by the swing in housing prices that we've seen in the last decade.\""}
{"_id": "455983", "title": "", "text": "In addition to above points : Interest earned on NRE accounts are tax free. But you can deposit any foreign currency except INR. Nothing is taxable. While the NRO account gives you a flexibility to deposit INR too, the interest will be taxable and tax will be deducted at source at the rate of 30.9%. It is necessary to convert the existing Indian local accounts to NRO as per the Reserve Bank of India circular: RBI/2007-2008/242 Master Circular No. 03 /2007- 08 . So basically you need:"}
{"_id": "455984", "title": "", "text": "Vietnam International Retail &amp; Franchise Show 2017 occurred last week in SECC, Ho Chi Minh City in Vietnam.  There were more than 200 exhibitors and almost 5000 visitors at the Expo. Vietnam Business Trip Service has played a part in supporting the companies at the Expo and here's what happened.  Vietnam Business Trip Service also attended and supported our customers there and we are so proud that we played a part in our customers' successes. Thank you and welcome back next time! ________________________________________________________ TRADE FAIR &amp; EXPO is a service package designed for companies who come to Vietnam to attend Fair and Expo to promote their products as well as look for customers. These are the services we offer our customers. 1. Event Registration and Booth Setup  2. Sales Supporters and Interpreters 3. Detailed Report and Contact List. All of our packages have included Entry Visa, Hotel Booking, and Car Rental. __________________________________________________________________ For more information and assistance, please contact us at: \ud83d\udcf1  +84 933 66 5346 \ud83d\udce7  harvey@kego.com.vn \ud83d\udda5  www.vietnambusinesstrip.com"}
{"_id": "456012", "title": "", "text": "this is a bullshit post because of the politics involved. who gives a damn what who he votes for?  They belie the fact that the president is robbing the country blind and not paying their debts, along with the other ministers (her cronies).  Experience: I worked with the Argentine government for two years. $10,000 for a meeting! Argentina is an amazing country being crippled by this ex-call girl and her dead husbands friends"}
{"_id": "456013", "title": "", "text": "\"Yeah It's mind boggling that people can't see the forest for the trees. The landscape has change completely post 2008. Different era, different set of rules.  I had a coworker back in early 2008 who was giddy as a school girl because he and his wife bought a $800,000 home. Of course he's now significantly underwater and his wife still can't find gainful employment. But they just had to realize the \"\"American Dream\"\" (TM).\""}
{"_id": "456033", "title": "", "text": "Something I heard while listening to a business news channel was that Boeing doesn't want to let another Airbus slip into the fray. Boeing never thought that Airbus was going to be a true competitor so they just didn't challenge them early in the process of them developing their aircraft business. According to the broadcast, Boeing doesn't want to let another competitor slip through with huge government subsidies without a challenge."}
{"_id": "456054", "title": "", "text": "That's unlikely to be a good move.  After the penalties, you would have roughly $40k-$45k to apply to your debt.  But then what?  You'd still have $100k of debt, with no change in your income situation.  You would be sacrificing half of your retirement fund to reduce your debt by only a third. Two points from your question are notable.  First, you say your current job makes you eligible for loan forgiveness.  Second, you say you love what you do.  Given that, it sounds like it's likely you'll remain in your current job long enough to have your loan forgiven.  I would see this as a major reason to stick it out until that time.  It won't be painful from a work perspective, since you like the work (in contrast to someone who grinds through a job they dislike just to have their loan forgiven), but only from a budget perspective.  Also, since your income is less than $75k, you may be able to deduct the interest on a student loan payment on your taxes (see Publication 970), softening the blow somewhat. According to your numbers, your loan payment is a bit over 10% of your income.  That is not pleasant, but it doesn't seem out of the question that you could make it work through judicious budgeting.  It would depend on other aspects of your lifestyle and expenses (which you don't mention in the question, and which might go in a separate question if you start wondering how to do that budgeting)."}
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{"_id": "456064", "title": "", "text": "Sell the house, in the scenario you describe he is using the property as an investment with a $250 per month buy-in. This investment doesn't make a return right now and when you add in the cost of dealing with the tenant (even if he doesn't have those cost now, he will when they move out)he is out of more than $250 a month and he has no direct knowledge that the value will definitely increase. He would be better spent selling the house and putting the funds into an investment, even a risky investment. It will have less maintenance cost associated with the risky investment than the rental property.  Besides sitting on the property for 10-15 years would cost him 30-45k plus the cost of re-renting the house when empty.Not to mention the inevitable increases in taxes over that time which will either increase his deficit or eat up the rent increase he is able to charge. Don't take the loss on the sale, just short sale it and take the money and invest! One last thought... An alternative is to creatively finance a sale (take payments from a buyer until they can buy outright) that will cover the FULL mortgage and get him the price he needs. You can look up owner financing to find out more on how to do this. Hope this helps!"}
{"_id": "456066", "title": "", "text": "It's not personal, but simply a shift in the demographics that can be measured. Identifying those changes within the market, who is doing what and why, then reporting it to the board, is part of her job. Quality of food, dining experience, etc, etc are all things that should be reviewed on a regular basis. This is also more of an industry wide issue, as the changing tastes and expectations are finding more than just this one company struggling, as the CEO rightly points out.  The food has always been sub-par and vastly overpriced second tier fast food. The experience is usually as good as the food. This is the entire range of restaurants, TGI Fridays, Ruby Tuesday, Applebee's, etc, etc. They were popular and offered a reliable, if poor, meal wherever you went and quite popular. I've actively avoided them for years, unless in a position to refuse, or someone else was paying, which was usually both. But I was an outlier, and they understood there was little they could do to get me to come in. This is a demographic shift, not simply a blame game, and once identified, they then try to determine how to alter their model to match that shift."}
{"_id": "456089", "title": "", "text": "Oh sure. There is no accounting for what people prefer. Some women need to be needed to be happy and some need to not be needed to be happy. It's going to depend on the woman as well as the man whether the relationship is working. I am not sure how they will ever account for those differences (parent-child vs. peer-peer preferences in a relationship)."}
{"_id": "456093", "title": "", "text": "Why not open an USD account or subaccount in Czechia and then transfer the money using an UAE bank that supports transfers in USD. If you don't want to open an USD account in Czechia, it'll get converted when received there into the currency of your account but at their conversion rate which probably isn't good. Alternatively, use Transferwise which might or might not be cheaper."}
{"_id": "456095", "title": "", "text": "\"One study found that, while people using gift certificates bought no more items than those who used cash, they tended to spend more per item. In \"\"Study 3\"\" the paper \"\"Monopoly money: The effect of payment coupling and form on spending behavior\"\", sets up a case where shoppers are given $50 in cash and $50 in gift certificates (the leftover of which can be exchanged for cash). They were asked to choose different brands and types of items to buy. They study found that There was no difference in the number of items purchased as a   function of payment form for scrip However means across all product categories show that   participants spent more per item when they were given [the gift certificate]\""}
{"_id": "456098", "title": "", "text": "\"The credit card may have advantages in at least two cases: In some instances (at least in the US), a merchant will put a \"\"hold\"\" on a credit card without charging it.  This happens a lot at hotels, for example, which use the hold as collateral against damages and incidental charges.  On a credit card this temporarily reduces your credit limit but never appears on your bill.  I've never tried to do it on a debit card, but my understanding is that they either reject the debit card for this purpose or they actually make the withdrawal and then issue a refund later.  You'll actually need to account for this in your cash flow on the debit card but not on the credit card. If you get a fraudulent charge on your credit card, it impacts that account until you detect it and go through the fraud resolution process.  On a debit card, the fraudulent charge may ripple through the rest of your life.  The rent payment that you made by electronic transfer or (in the US) by check, for example, is now rejected because your bank account is short by the amount of the fraud even if you didn't use the debit card to pay it.  Eventually this will probably get sorted out, but it has potential to create a bigger mess than is necessary. Personally, I never use my debit card. I consider it too risky with no apparent benefit.\""}
{"_id": "456115", "title": "", "text": "Excel expert level: -Leveraging all the built in Excel tools to properly data mine -Business Intelligence using PowerPivot (very useful for just about any industry) -Setting up and solving models using Solver -VBA (you don't have to be a pro programmer, but knowing how to set up the macros to do what it is you need to do)"}
{"_id": "456126", "title": "", "text": "You're overthinking it. The ISA limit applies to the amount you invest into the ISA. In your example, \u00a310,000. Whether that then fluctuates with performance is irrelevant. Even if you realise aprofit or a loss, nobody is watching it. You merely count the amount you originally contributed into the ISA wrapper. When they add up to \u00a315,000; that's the limit reached. (And by the way, remember that only money going into the ISA is counted. It doesn't matter if you -let's say - put \u00a315k in, then remove 10k. You've reached the limit. You don't again have the chance to put \u00a310k 'back in'."}
{"_id": "456147", "title": "", "text": "It is the people who you bought the ticket from. Blocking is frequently done by hotels, gas stations, or rental car companies. Also, for anything where the credit card might be used to cover any damages or charges you might incur later as part of the transaction. In essence, they are reserving part of your credit limit, ostensibly to cover charges they reasonably expect you might incur. For example, when you start pumping gas using a credit card they may block out $100 to make sure you don't pump a full tank and your credit card is declined because you ran over your limit at $3.  In general, the blocks clear fairly quickly after you settle up with the company on your final bill. You can also ask the company to clear the block, but I don't think they are required to by law in any specific time period. It may be up to their (and your) agreement with the credit card company. Normally it isn't an issue and you don't even notice this going on behind the scenes, but if you keep your credit card near its limit, or use a debit card it can lead to nasty surprises (e.g. they can make you overdraw your account). One more reason not to use debit cards. More information is available here on the Federal Trade Commission's website."}
{"_id": "456155", "title": "", "text": "Paytrust seems to be the only game in town.  We've changed banks several times over the last 15 years and I can tell you that using a bank's bill pay service locks you in, big time.  I loved paytrust because I could make one change if we changed banks.  If you're using a bank directly for your bills, the ides of recreating your payee list is daunting."}
{"_id": "456169", "title": "", "text": "If you are referring to college tuition forgiveness, it is not stealing. College shouldn't cost so much in the first place, just look at most developed countries. My god you hyper capitalists are so brainwashed thinking the system you were raised in is the best there is when it reality it is horribly unfair and detrimental to countless lives. It is sickening how someone like you wants to see others suffer because you place yourself above them since you see yourself as being more responsible. Since you paid your loans, no one else's should be forgiven. But your stance would do a 180 if you just graduated school and after countless applications and interviews the only job you are able to get with your degree barely covers your living expenses, let alone loan costs. In that scenario loan forgiveness might sound more appealing."}
{"_id": "456183", "title": "", "text": "\"And the absolutely brilliant punchline: who do these regulators and leaders\"\" think will be the purchasers of said debt? Why other systemically important, TBTF banks of course! Which means that, in the by now quite familiar \"\"daisy-chaining\"\" of counterparties and collateral, once one bank fails, its exposure via collateral, repo and certainly, funding of other bank balance sheets, everything will promptly freeze as risk reprices, a la Lehman bonds.\"\"\""}
{"_id": "456187", "title": "", "text": "\"What Ben fails to see is that when people say \"\"healthcare is a right\"\" what we mean is that \"\"healthcare should be an affordable right\"\". Those who want it would gladly pay for it if it was reasonable, affordable and easily accessible. Sadly, it is not because pharmacies, doctors and medical institutions gladly drive up prices for profit. Healthcare is not affordable. The system is broken. Healthcare should be an affordable right for anyone as it is the basic premise in which we can work, contribute to society and drive the economy. Without our health we are useless. Ben is smart and I enjoy hearing his talks from time to time, but the guy lacks serious empathy and bed side manner in certain topics. This clearly being one of them.\""}
{"_id": "456188", "title": "", "text": "\"No, but you can better see who is making that profit possible.  I've worked for companies where some divisions were making a profit according to their books. But when you take into account the resources they were consuming, especially IT, they were really operating at a loss.  In the case of IT I don't think its beneficial to \"\"make a profit\"\", but they should at least charge the other departments their cost just so you can see how those other departments are impacting the company as a whole.\""}
{"_id": "456222", "title": "", "text": "O boy you can take an entire on this. Here are the basics. Project future cash flows on a series of underlying assumptions such as growth rate and risk free rate. You then have to adjust top line items such as depreciation and come up with FCF. Then discount everything back with a terminal value."}
{"_id": "456229", "title": "", "text": "In many instances church doors were exquisitely fashioned to provide a grand entryway for parishoners into their house worship.However, over the years, extreme temperature fluctuations, sunlight, and other weather conditions can wreak havoc on the wood, wood finish, and hardware."}
{"_id": "456234", "title": "", "text": "As someone who used to be an IT contractor in the UK and used to work from home, my advice is to talk to your accountant in detail. It's been a few years, but IIRC you can write off some small stuff like proportional heating costs etc, but in my case it was so minuscule that it wasn't worth the effort. You're likely better off to just leave it. <subliminal message> Talk to your accountant :). </subliminal message>"}
{"_id": "456243", "title": "", "text": "Well, you're business/accounting acumen is nothing to brag about and your character is still out for judgment, though your insistence on trying to make this point despite being wrong is sort of working against you. Other than that, I don't know anything else about you to make that kind of assessment.  Though you are tenacious, I'll give you that. You keep arguing with me despite saying you were done with this. So that could possibly be a positive character trait."}
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{"_id": "456265", "title": "", "text": "Your premise is flawed so I'm going to say you have no clue what you're talking about.   Apple is a hardware company first and foremost. Always has been, and likely always will be. So when they see the market they see software as something to give away because software sells hardware.  They make their bread and butter selling computers and device. Not mobile me accounts or OS X or iLife upgrades.   Microsoft is a software company through and through. When they see the market they see a world full of computers that can run their software for a fee.   But that well is drying up, manufacturers are leaving. So what does MSFT do? Get in the hardware game themselves. Because hardware sells software. That's the one and only rational they were willing to drop billions upon billions of dollars into Xbox and make it into an ecosystem.   Sony's problem is that they grew so big they're too big. Most people only see the surface consumer stuff, anchored by fancy TVs or PS3, but they do so much more within B2C and B2B.   Hell, Sony makes, produces, sells, distributes, plays, stores, transfers, enhances media content on various levels. But they're not best of class anymore on any level and the groups don't work hand in hand.   The company is melting down the same way America is melting down. Weak central leadership, competing ideology (how can a company that makes movies sell movie players?), and exponential levels of complexity.   Throw in the multinational field Sony operates in versus the much fewer countries Apple and Microsoft operate in and it's a gigantic mess.   I have a head for systems and big orgs but I do not envy the man that has to push that beast along."}
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{"_id": "456309", "title": "", "text": "&gt;I believe most of the people you would consider a waste were shaped that way by bad parents, a poor educational system, an economic system that prides itself on giving people as little as possible, and a society that implements emotional policies and glorifies violence.  I don't care why they are the way they are now. I just want to stop them from further making society worse  &gt;Whether it's for better schools and family services or jail cells and police forces, I think you are going to end up paying for these people one way or another.  Sadly, it's currently both. They stay in school and make it harder for others to learn anything and we still end up paying them for family services or jail."}
{"_id": "456319", "title": "", "text": "Bro, I code in what I feel comfortable in. I worked in banking for several years and can't hang up the suit...   Edit... jk, I got hired and I wore ripped jeans and a flannel to my interview. A dog pooped on my shoe once while working at my sick stand-up desk."}
{"_id": "456320", "title": "", "text": "- What are you talking about? The rules are regulations are setup as needed. If you give a concrete e.g. maybe if you give a concrete example of where the govt is in the way I can understand. (rules and regulations are not examples of govt. in the way in itself. It would be if say you need to do something but you need to petition the govt. first for something and there's tons of bureaucracy or or something. Else, govt just set the rules such as Stop at Red Light etc.  Govt is not in the way here.   - The rest of your comments are on same line, so this one bullet is enough. Again, you're just accusing generally with no specifics. And I'm not naive. This is real and my opinion. Govt. sets new rules as needed as a response to something, not because people in the govt. who change every few years feel so. You're talking about changing people in govt. all adhering to the same laws because it makes sense to keep it and if not, it gets repealed. Govt. is not one same set of people always present from your birth to death. Govt. keeps changing. Govt. does care about fairness and HFT's existing is proof that govt. lets free market and private business start things as it pleases till such time as it stops being fair for all.   - Govt. is not really an inhibitor to free market. Govt. actually has no impedance to free market because it allows a fair and balanced free market unlike what you're referring to which is a free market with no rules like the Wild Wild West. We had that free market before and over time people went from unregulated markets to more regulated markets because it is for our own good. Govt. is just people who agreed with it, joined the govt and made it so and others agreed. If we don't agree in future, it can be changed.   - There is a term as regulated free market. Unregulated free market will lead to snakeoil salesmen and generally a backwards movement to the wild west again.  I don't think you really want to talk. You just want to spew your ignorant libertarian viewpoints because you've heard them somewhere without thinking much about it. You just blindly believe the govt. is always wrong with no logic or justification, just like religious people.   Just think on a few points and you will see that you are wrong sometimes. Is the govt. perfect? Heck no. Is it always right? Nope. But it is some times and it does do the right things many times. It does the wrong things at times as well.   But I don't believe like you do at all because I think for myself and reason. If you reason on a few points, you'll see the other viewpoint. And stop reading Stossel or Ron Paul because they're not right about govt. being always wrong either.   I won't bother replying to you anymore because you're just a troll or arrogant smug guy who thinks he knows it all because your friends all think like you and blindly agree with you. So you've never been taken to reason or logic like others have to you on this board. Look at the other replies to your posts - almost all contradict you. Just think why ? Are they all wrong or perhaps you are."}
{"_id": "456324", "title": "", "text": "A loan that does not begin with **at least a 20% deposit** and run through a term of **no longer than 48 months** is the world's way of telling you that *you can't afford this vehicle*.  Consumer-driven cars are rapidly depreciating assets. Attenuating the loan to 70 months or longer means that payments will not keep up with normal depreciation, thus trapping the buyer in an upside down loan for the entire term."}
{"_id": "456361", "title": "", "text": "The holdup is from the merchant.  To protect themselves, a merchant requires payment before giving you your purchased item/service. That is why you are charged immediately.  When getting a refund, the same reason applies. The merchant needs to ensure that you are returning the correct item, or that it is still good, or that you are not trying to defraud the merchant in some way. Once the merchant processes that refund, it is all over for them, and they have no recourse later if they find out they were cheated. That is why they wait a while: the delay gives them time to discover any problems."}
{"_id": "456367", "title": "", "text": "1. Implement a 25% outbound IP royalty tax.  2. Put a 10% duty and health/safety inspection fee on all inbound food stuffs to be returned businesses HQed in the UK.  3. Charge a 0.25% tax premium per percentage point above Libor on intercompany loans."}
{"_id": "456373", "title": "", "text": "\"Generally, a share of stock entitles the owner to all future per-share dividends paid by the company, plus a fraction of the company's assets net value in the event of liquidation.  If one knew in advance the time and value of all such payouts, the value of the stock should equal the present cash value of that payout stream, which would in turn be the sum of the cash values of all the individual payouts. As time goes by, the present cash value of each upcoming payout will increase until such time as it is actually paid, whereupon it will cease to contribute to the stock's value. Because people are not clairvoyant, they generally don't know exactly what future payouts a stock is going to make.  A sane price for a stock, however, may be assigned by estimating the present cash value of its future payments.  If unfolding events would cause a reasonable person to revise estimates of future payments upward, the price of the stock should increase.  If events cause estimates to be revised downward, the price should fall. In a sane marketplace, if the price of a stock is below people's estimates of its payouts' current cash value, people should buy the stock and push the price upward.  If it is above people's estimates, they should sell the stock and push the price downward.  Note that in a sane marketplace, rising prices are a red-flag indicator for people to stop buying.  Unfortunately, sometimes bulls see a red flag as a signal to charge ahead.  When that happens, prices may soar through the roof, but it's important to note that the value of the stock will still be the present cash value of its future payouts.  If that value is $10/share, someone who buys a share for $50 basically gives the seller $40 that he was not entitled to, and which the buyer will never get back.  The buyer might manage to convince someone else to pay him $60 for the share, but that simply means the new buyer is giving the the previous one $50 that he wasn't entitled to either.  If the price falls back to $10, calling that fall a \"\"market correction\"\" wouldn't be a euphemism, but rather state a fact: the share was worth $10 before people sold it for crazy prices, and still worth $10 afterward.  It was the market price that was in error. The important thing to focus on as a sane investor is what the stock is actually going to pay out in relation to what you put in.  It's not necessary to look only at present price/earnings ratios, since some stocks may pay little or nothing today but pay handsomely next year.  What's important, however, is that there be a reasonable likelihood that in the foreseeable future the stock will pay dividends sufficient to justify its cost.\""}
{"_id": "456387", "title": "", "text": "Well for most of the stuff Best Buy sells, Amazon and newegg can provide the reviews and info you need.  Experienced,  knowledgeable sales force is hard to come by and hard to keep and maintain.  That's why if they embrace the Web, help the customer get the info themselves, it's a benefit to them."}
{"_id": "456389", "title": "", "text": "\"Scenario 1: Assume that you plan to keep the parking space for the rest of your life and collect the income from the rental. You say these spaces rent for $250 per month and there are fees of $1400 per year. Are there any other costs? Like would you be responsible for the cost of repaving at some point? But assuming that's covered in the $1400, the net profit is 250 x 12 - 1400 = $1600 per year. So now the question becomes, what other things could you invest your money in, and what sort of returns do those give? If, say, you have investments in the stock market that are generating a 10% annual return and you expect that rate of return to continue indefinitely, than if you pay a price that gives you a return of less than 10%, i.e. if you pay more than $16,000, then you would be better off to put the money in the stock market. That is, you should calculate the fair price \"\"backwards\"\": What return on investment is acceptable, and then what price would I have to pay to get that ROI? Oh, you should also consider what the \"\"occupancy rate\"\" on such parking spaces is. Is there enough demand that you can realistically expect to have it rented out 100% of the time? When one renter leaves, how long does it take to find another? And do you have any information on how often renters fail to pay the rent? I own a house that I rent out and I had two tenants in a row who failed to pay the rent, and the legal process to get them evicted takes months. I don't know what it takes to \"\"evict\"\" someone from a parking space. Scenario 2: You expect to collect rent on this space for some period of time, and then someday sell it. In that case, there's an additional piece of information you need: How much can you expect to get for this property when you sell it? This is almost surely highly speculative. But you could certainly look at past pricing trends. If you see that the value of a parking space in your area has been going up by, whatever, say 4% per year for the past 20 years, it's reasonable to plan on the assumption that this trend will continue. If it's been up and down and all over the place, you could be taking a real gamble. If you pay $30,000 for it today and when the time comes to sell the best you can get is $15,000, that's not so good. But if there is some reasonable consistent average rate of growth in value, you can add this to the expected rents. Like if you can expect it to grow in value by $1000 per year, then the return on your investment is the $1600 in rent plus $1000 in capital growth equals $2600. Then again do an ROI calculation based on potential returns from other investments.\""}
{"_id": "456390", "title": "", "text": "That's not really the point.  A small percentage of the 70% of the US population living within 150 miles will have disposable income to throw at marked up groceries.  Until someone can explain how this reduces overhead and lowers prices I'm just real skeptical.  Whole thing reeks of Webvan 2.0.  Walmart and Marc Lore are at least bringing creative ideas to the table.  The associate delivery for last leg is an interesting approach."}
{"_id": "456397", "title": "", "text": "Most modern bank accounts can be set up to automatically pay bills for anyone, even someone who has no control over the account. This account would be in a trustee's name for the untrustworthy party. An automatic transfer could be set up from the source account to the irresponsible party's bank account to pay their allowance. It would be wise to remove all overdraft capability from the recipients account, but the whole system might help them learn some responsibility. There are more formal legal structures for forming a long term care-taking trust (with spendthrift provisions to protect the trust from legal action). The trust would need to be maintained by a trustee, resulting in maintenance fees on the principle. It might also help to know if there are legally recognized factors that impair the beneficiaries ability to take care of themselves (substance abuse, depression, age, mental impairment, etc.), but depending on state law, trusts can be designed very flexibly to cover the lifetime of an heir and even their heirs."}
{"_id": "456402", "title": "", "text": "I don't see why people are up in arms about this.   These distributers have been holding consumers over a barrel for so long, from their Hard Back 3 months then soft cover release bull shit to text book rackets and retarded E-book pricing.     I'm glad Amazon is sticking it to these fucks, at least some one is standing up for the consumer here (Even if its just because if benefits them).   Just like when music went from CD's to Digital and record companies tried to strangle digital music sales to keep their hardware format monopoly alive.   These publishers are running e-books into the dirt by price fixing them to same price as physical books which is just as retarded as Magic the Gathering charging full price for packs on their online game.   Amazon is tired of pushing their over priced shit (that is only that price because of some paranoid business exec's that are afraid of change worrying about their hard back sales) because it hurts their kindle and frankly they dont need them.   For the average consumer books are so easy to pirate we are just skipping all the middle men entirely, but I think a lot of those people would mind spending 4-5$ for a book (At least soft cover prices, paying the Hard cover price for a god damn e-book is extortion)."}
{"_id": "456405", "title": "", "text": "The only time I took prescription pain killers was for legitimate pain and the only thing I got out of it was creamy poop. No buzz and frankly not much in pain relief. It's more like I just didn't care about it. I quit and suffered through. For the life of me I cannot understand getting addicted to it. Just smoke some cannabis. It's essentially harmless, non-addictive, and the worst thing you might to is eat an entire bag of Doritos."}
{"_id": "456407", "title": "", "text": "people buy stocks because there is more to Return on Investment than whether dividends are issued or not. Some people want ownership and the ability to influence decisions by using the rights associated with their class of stock. Another reason would be to park capital in a place that would grow faster than the rate of inflation. these are only a few of many reasons why people would buy stock."}
{"_id": "456408", "title": "", "text": "Having been in exactly this position (not in a debt hole, built a budget to get a better view of what spending is), I can say what the greatest gift it brings is: it's a decision tool. When you are spending out of only one account, you often make decisions based on the total money in the account. \u201cShould we go out for dinner? Can I make this impulse purchase?\u201d This is terrible, because many, if not all, of those dollars are already intended for certain future expenses like groceries, bills, etc. You can't see how many of those dollars are discretionary. A budget is like having many accounts. Instead of looking at your real account(s) to make spending decisions, you look at your budget lines. You to want impulse buy a gadget \u2014 do you have money remaining in a relevant budget line? If yes, the decision is yours, if no, the budget is telling you that you don't have dollars for that.* Similarly for more prosaic purchases \u2014 you want to splurge on some non-staple groceries to make a fancy dinner or try out a new recipe, and the budget line for Groceries will tell you if you can do that. Instead of looking at (e.g.) $6000 in a chequing account, you're looking at $600 (assigned) \u2212 $146.86 (spend) = $453.14 (available) in a monthly groceries budget line. Just like you can now see where your money has been going, by maintaining and using your budget lines, and having every single dollar you spend go through the budget (to show your totally assigned, total spent, and total remaining), you can continue to see where your money is going in near real-time. You're no longer looking at bills and statements to figure out what's going on and plan, you're looking at money flows and future intentions, as you should be. This approach to budgeting has completely changed our finances. So that's what a budget is for: real-time spending decision-making control over your money, which for us has translated into a lovely mix of painless austerity in spending categories where austerity is smart, and guilt-free spending in more indulgent categories because we have already determined exactly how much we can afford and wish to spend. * A budget line with insufficient funds doesn't actually take the decision entirely away from you though. If a budget line doesn't have funds to spare for a given purchase, you can still make the purchase \u2014 but now you're also making the decision to go and revise your budget, taking dollars away from other budget lines to adjust the line you've overspent, to keep the budget accurate."}
{"_id": "456436", "title": "", "text": "The 'same day rule' in the UK is a rule for matching purposes only.  It says that sales on any day are matched firstly with purchases made on the same day for the purposes of ascertaining any gain/loss. Hence the phrase 'bed-and-breakfast' ('b&b') when you wish to crystalise a gain (that is within the exempt amount) and re-establish a purchase price at a higher level.  You do the sale on one day, just before the market closes, which gets matched with your original purchase, and then you buy the shares back the next day, just after the market opens.  This is standard tax-planning.  Whenever you have a paper gain, and you wish to lock that gain out of being taxed, you do a bed-and-breakfast transaction, the idea being to use up your annual exemption each and every year.  Of course, if your dealing costs are high, then they may outweigh any tax saved, and so it would be pointless. For the purpose of an example, let's assume that the UK tax year is the same as the calendar year. Scenario 1. Suppose I bought some shares in 2016, for a total price of Stg.50,000. Suppose by the end of 2016, the holding is worth Stg.54,000, resulting in a paper gain of Stg.4,000. Question.  Should I do a b&b transaction to make use of my Stg.11,100 annual exemption ? Answer.  Well, with transaction costs at 1.5% for a round-trip trade, suppose, and stamp duty on the purchase of 0.5%, your total costs for a b&b will be Stg1,080, and your tax saved (upon some future sale date) assuming you are a 20% tax-payer is 20%x(4,000-1,080) = Stg584 (the transaction costs are deductible, we assume).  This does not make sense. Scenario 2. The same as scenario 1., but the shares are worth Stg60,000 by end-2016. Answer.  The total transaction costs are 2%x60,000 = 1,200 and so the taxable gain of 10,000-1,200 = 8,800 would result in a tax bill of 20%x8,800 = 1,760 and so the transaction costs are lower than the tax to be saved (a strict analysis would take into account only the present value of the tax to be saved), it makes sense to crystalise the gain.  We sell some day before the tax year-end, and re-invest the very next day. Scenario 3. The same as scenario 1., but the shares are worth Stg70,000 by end-2016. Answer.  The gain of 20,000 less costs would result in a tax bill for 1,500 (this is: 20%x(20,000 - 2%x70,000 - 11,100) ).  This tax bill will be on top of the dealing costs of 1,400.  But the gain is in excess of the annual exemption.  The strategy is to sell just enough of the holding to crystallise a taxable gain of just 11,100. The fraction, f%, is given by: f%x(70,000-50,000) - 2%xf%x70,000 = 11,100 ... which simplifies to: f% = 11,100/18,600 = 59.68%. The tax saved is 20%x11,100 = 2,220, versus costs of 2%x59.58%x70,000 = 835.52. This strategy of partial b&b is adopted because it never makes sense to pay tax early ! End."}
{"_id": "456440", "title": "", "text": "A bank can reject a loan if they feel you do not meet the eligibility criteria.  You can talk to few banks and find out."}
{"_id": "456446", "title": "", "text": "Although the article makes a good point I can't help but think their blame is slightly misplaced.  Employers wouldn't be able to take advantage of workers if the workforce didn't come from a generation that has been taught since infancy that doing what they love is more important than money.  We all think we're entitled to our first career choice and so a lot of markets are flooded with eager applicants.  Supply and demand says that employers would be idiots pay someone a lot of money to do what thousands are lining up to do for free."}
{"_id": "456449", "title": "", "text": "Amazon has 65% of the online book sales, online book sales account for 41% of the market of new book sales.  41% is not Amazon's Market share of all book sales.  Edit: Also, this article makes no sense. This makes much more sense, and includes this fancy thing called a GRAPH! http://www.businessinsider.com/amazon-is-about-to-lose-its-death-grip-on-e-books-but-its-not-a-big-deal-2010-2?op=1"}
{"_id": "456456", "title": "", "text": "&gt;I want a president who is going to look out for the little guys.  Obama certainly wouldn't be your man then. Consider his insurance, and wall street ties; he's not for the little guy; he may say he is, but his actions and policy are obviously not for them.    Also, consider that you can be a CEO of a one man shop, and in fact, alot of start-ups begin this way.   What about them? Are they not 'little guys' - the ones willing to take the risk, spend their own money, and create jobs in local economies, or must we be dependent on the government for everything from regulating how much soda we drink to what healthcare plans we can or cannot use?"}
{"_id": "456463", "title": "", "text": "As for refinancing: Many institutions charge up-front fees when doing any type of vehicle loan. Typically this is in the neighborhood of 1% the value of the loan, with a floor of $100 (although this may vary by lender). However, for the loan the be secured by the vehicle, the principle value must be less than the collateral value. In your case, this means there is a collateral shortfall of $4,000. When working with a traditional bank, you would have two options: pay the difference up front (reducing the principle value of the loan), or obtaining a separate loan for the difference. This separate loan would often have a higher interest rate unless you have some other form of collateral to secure it with. I doubt CarMax would do a separate loan. All that being said, if you plan on selling the vehicle within the next twelves months, don't bother refinancing. It won't be worth the hassle."}
{"_id": "456466", "title": "", "text": "For the pet owners it is very difficult to come out of the loss after the death of your beloved pet. Pet owners needs support in these times and by joining a group of friends can help to overcome the loss in many ways. Also get a cremation urn from Reallyurns to keep the ashes and remind the good times shared with the deceased."}
{"_id": "456470", "title": "", "text": "What is a dividend? Essentially, for every share of a dividend stock that you own, you are paid a portion of the company\u2019s earnings. You get paid simply for owning the stock! For example, let\u2019s say Company X pays an annualized dividend of 20 cents per share. Most companies pay dividends quarterly (four times a year), meaning at the end of every business quarter, the company will send a check for 1/4 of 20 cents (or 5 cents) for each share you own. This may not seem like a lot, but when you have built your portfolio up to thousands of shares, and use those dividends to buy more stock in the company, you can make a lot of money over the years. The key is to reinvest those dividends! Source: http://www.dividend.com/dividend-investing-101/what-are-dividend-stocks/ What is an ex dividend date Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date is usually set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend. Source: https://www.sec.gov/answers/dividen.htm That said, as long as you purchased the stock before 6/4/17 you are entitled to the next dividend. If not, you'll get the following one after that."}
{"_id": "456474", "title": "", "text": "\"You may want to look into robo-investors like Wealthfront and Betterment. There are many others, just search for \"\"robo investor\"\".\""}
{"_id": "456491", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bbc.com/news/business-40338220) reduced by 84%. (I'm a bot) ***** &gt; Mr Varley, former senior investment banker Roger Jenkins, Thomas Kalaris, a former chief executive of Barclays&amp;#039; wealth division, and Richard Boath, the ex-European head of financial institutions, have all been charged with conspiracy to commit fraud in the June 2008 capital raising.  &gt; It relates to a &amp;pound;2bn loan advanced to Qatar after the fundraisings were negotiated - the implication being that there was a money-go-round at work - Barclays was handing Qatar some of the money it was using to support the British bank.  &gt; Barclays took &amp;pound;7bn from Qatar in 2008, as banks scrambled to avoid nationalisation.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6icoej/barclays_charged_with_fraud_in_qatar_case/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~148352 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **Barclays**^#2 **charge**^#3 **Qatar**^#4 **Varley**^#5\""}
{"_id": "456519", "title": "", "text": "The Simon Wiesenthal Center is pleased to announce the appointment of Elliott Broidy, Chairman and CEO of Broidy Capital Management, to its Board of Trustees. 'Elliott is an exciting and important addition to our Board,' said Rabbi Marvin Hier, Founder and Dean of the Simon Wiesenthal Center. 'He brings with him a wealth of experience as a major philanthropist and a person deeply involved in international affairs.'"}
{"_id": "456526", "title": "", "text": "\"You're confusing between \"\"individual\"\" 401k (they're called \"\"Solo-401k\"\" and are intended for self-employed), and Individual Retirement Account (IRA). You can't open a solo-401k without being self employed. You can open an IRA and roll over money from your old 401k to it. You cannot get a loan from IRA. You can ask the 401k plan manager to reissue the checks to the new trust, shouldn't be a problem. Make sure the checks are issued to the trust, not to you, to avoid withholding and tax complications. This is what is called a \"\"direct\"\" rollover. You might be able to roll the money over to the 401k of your new employer, it is not always allowed and you should check. You can probably then take a loan from that 401k. However, it diminishes the value of your retirement savings and you should only do it if you have no other choice (being evicted from your home, your children are starving, can't pay for your chemo, etc... this kind of disasters). Otherwise, I'd suggest rolling over to IRA, investing in funds with significantly lower fees (Vanguard target retirements funds for example, or index funds/ETF's), and reassessing your spending and budgeting habits so that you won't need loans from your 401k. Re companies - ETrade is nice, consider also Scottrade, TDAmeriTrade, Vanguard, Fidelity, Sharebuilder, and may be others. These are all discount brokers with relatively low fees, but each has its own set of \"\"no-fee\"\" funds.\""}
{"_id": "456539", "title": "", "text": "Pilates is widely acclaimed physical exercise system that brings a smooth motion in the body by concentrating on stability and strengthening of the core.  In the beginning, a person may experience some rigidity in the body but later it enhances the speed of daily functionality."}
{"_id": "456587", "title": "", "text": "\"A budget is a predetermined plan for spending allocated funds to a fixed set of categories according to a schedule. If by,  \"\"Keeping track of your money\"\" you mean you are only recording your spending to see on what it is being spent and when, then the answer is no.  A budget has constraints on three things: Schedule:  The mortgage has to be paid at the 1st of the month with a 2 day grace period. Amount: The mortgage payment is 1500.00 Category: The mortgage. Tracking your money would be as follows: 10/5/2016: $25 for a video game. 10/5/2016: $129.99 for two automobile tires. 10/6/2016: $35.25 for luncheon. I didn't like him! Why did I blow this money? 10/7/2016: nothing spent...yoohoo! 10/8/2016: Payday, heck yeah! I'm financially solvent YET AGAIN! How do I do it?! See the difference?\""}
{"_id": "456588", "title": "", "text": "The chancellor announced an ISA in this week's budget intended for people saving to buy their first home. For every \u00a3200 put in the government will add \u00a350 to the account so I would strongly encourage you to put the money into that as it is also tax free."}
{"_id": "456590", "title": "", "text": "&gt; Would you have worked just as hard though if you knew that whatever you do you will alwqas remain in the bottom 10%  This is not something that anyone can *know*... only something that someone resigns themselves to.  You can know that your current path is a dead end.  It's your choice whether to remain on that dead end path or turn around and try something new."}
{"_id": "456612", "title": "", "text": "\"But we aren't in a Malthusian world, at least for the moment.  Right now, with an exception made for extreme weather, basically every country on earth produces enough food to feed its citizens.  I don't personally have a problem with efficiency in food production, and using \"\"gross\"\" as a standard with food is not terribly helpful.  But the argument that we need this level of meat processing in America because people are starving just isn't a good argument.\""}
{"_id": "456616", "title": "", "text": "Rapid prototyping is a group of techniques used to quickly fabricate a scale model of a physical part or assembly using three-dimensional computer aided design (CAD) data. http://rpgroupltd.com/rapid-prototyping/ provide the flexibility to order production in low quantities using processes such as CNC machining, vacuum casting with silicone moulds and low volume injection moulds until they are ready for higher volume options."}
{"_id": "456636", "title": "", "text": "Current account offers a lot of benefits for sole proprietors. Think of it like bank account for a company. The bank provides a host of facilities for the company. A sole proprietor does not have enough value as that of a company for a bank but needs similar services. Thus Indian banks offer a toned down version of the account offered to a company. Current account offer very good overdraft ( withdrawing money even if balance is zero). This feature is very useful as  business cycles and payment schedules can be different for each supplier/customer the sole proprietor does business with. Imagine the sole proprietor account has balance of zero on day 0. customer X made payment by cheque on day 1. Cheques will get credited only on Day 3 (Assume Day 2 is a national holiday or weekend).  Sole proprietor gave a cheque to his supplier on day 0. The supplier deposited the cheque on Day 0 and the sole proprietor's bank will debit the the proprietor's account on day 1. As customer's cheque will get credited only day 3, the overdraft facility will let the proprietor borrow from the bank Interestingly, current accounts were offered long before Indian banks started  offering customized accounts to corporate customers. The payment schedule mentioned in my example is based on a clearing system > 10 years ago. Systems have become much simpler now but banks have always managed to offer something significantly extra on lines similar to my example above to proprietor over a savings bank account"}
{"_id": "456667", "title": "", "text": "You've flipped the numerator and denominator around, and need to multiply by 100 to get percentage rather than 10: I like to use a simple example to assess reasonableness of an approach, if you had invested $100 and after 1 year had $150, your approach would yield: But since $50 is half of $100, we know the rate of return should be 50%, so we know that approach is off. But, flipping the numerator and denominator and multiplying by 100 gets us the 50% we expected: Edit: Good catch by @DJohnM you've called it 9 years, but it's actually 11, so you'd want to adjust accordingly."}
{"_id": "456668", "title": "", "text": "Journalism is a dying profession. As the internet proliferates, the speed of information advances and society has less need, and even less patience, to wait for professional story tellers to communicate to us. As a clear example of this, look at how main stream media sources (i.e. CNN) regurgitate people's twitter feeds in everyone of their headline articles."}
{"_id": "456669", "title": "", "text": "It has got to do with inflation. So as prices of goods and services rise over the years you can work out what the inflation rate is over time. So by applying the inflation rate between 1990 to 2016 you can work out the equivalent value of $30B in 1990 would be in 2016. So in other words in 1990 you bought $30B worth of a box of goods and services, then in 2016 it would have cost you $55B to buy the same box of goods and services. You can play around with this US Inflation Calculator here, to see how much an amount of money back in history would be worth today if invested at the rate of inflation over those years.  So obviously, the aim in investing is to get a return higher than the rate of inflation, so that your investment funds grow in real terms and in the future you can buy more with your funds than you can buy with them today."}
{"_id": "456679", "title": "", "text": "Debit card purchases without PIN are treated as credit card purchases by merchants, and that includes ID verification. In addition to the ways you mentioned, you can get a debit card in any grocery store and load it with cash, and these debit cards don't have a name imprinted on them. But then if you lose them - you may have troubles proving you did in fact lose them when you try to recover your money, as anyone can use them. Technically you can register them online and call in and request refunds for fraud losses just as any other debit/credit card in the US (with $50 deductible), but in practice it may be difficult. These cards have very high fees, and may not be accepted for rentals etc."}
{"_id": "456690", "title": "", "text": "What on earth are you talking about.    In the real world, money for programs such as universities and schools isn't something you pay up front and then stop paying for when it gets inconvenient; unless you want to abolish them."}
{"_id": "456727", "title": "", "text": "They will be metering their own electric , so yes that's a plus.  And yes I  looked at it the same way,  free money.  I wonder if uploaded a imugr link to the drawings of where they are placing the equipment would help people with determining the benefit."}
{"_id": "456736", "title": "", "text": "https://www.cancer.org/research/infographics-gallery/rising-global-cancer-epidemic.html  http://scienceblog.cancerresearchuk.org/2015/02/04/why-are-cancer-rates-increasing/  http://www.webmd.com/cancer/news/20120531/global-cancer-rates-set-to-soar-by-2030#1  Downvotes galore... but I'm NOT wrong.  There are tons and tons of evidences, both empirical studies and anecdotal to support this.  I don't see how you can read that website you posted and come away with an indication that cancer rates are static or somehow diminishing, when the exact opposite is the case...as it says on that very same website multiple times and even in the quote you posted. I'm boggled that you've somehow found a different conclusion than the obvious one.  Yes, statisitcs are wacked... I know, I get it, but the incidence rate of cancer is definitely on the rise."}
{"_id": "456749", "title": "", "text": "The default is FIFO: first in - first out. Unless you specifically instruct the brokerage otherwise, they'll report that the lot you've sold is of Jan 5, 2011. Note, that before 2011, they didn't have to report the cost basis to the IRS, and it would be up to you to calculate the cost basis at tax time, but that has been changed in 2011 and you need to make sure you've instructed the brokerage which lot exactly you're selling. I'm assuming you're in the US, in other places laws may be different."}
{"_id": "456761", "title": "", "text": "\"Historically, the market's average rate of return has been about 8%. (Serakfalcon's \"\"6% to 10%\"\" is essentially the same number.) You should be able to get into that range for long-term investments with minimal risk. \"\"5 or 6 companies\"\", unless you know a heck of a lot about those companies, is fairly high risk. If any one of those runs into trouble, a considerable amount of your net investment is riding on it. Of course if any of them invents the Next Big Thing you could hit it big; that's the tradeoff. Diversification isn't sexy, but it buffers you from single-company disasters, and if you diversify across kinds of investment that buffers you from single-sector disasters. Index funds aren't sexy, but they're a low-cost way to diversify, especially if you go with a mix of funds in different categories (large cap, small cap, bond, international, real estate) or a fund which has that mix built into it such as a target date fund.\""}
{"_id": "456768", "title": "", "text": "If the work was 90% finished, you can only defer 10% of the income until next year.  You can only fully defer revenue that you haven't made deliverables on yet - you can fund the project with deferred revenue, however.  Of course, there's a gray area as to completion percentage, but you're starting to play with fire when you do too much of that.  Probably depends on his business, short answer."}
{"_id": "456771", "title": "", "text": "Just to put in one more possibility: my credit card can have a positive balance, in which case I earn interest.  If more money is due, it will automatically take that from the connected checking account. If that goes into negative, of course I have to pay interest.  I chose (argued with the bank in order to get) only a small credit allowance. However, I'll be able to access credit allowance + positive balance. That allows me within a day or so to make larger amounts accessible, while the possible immediate damage by credit card fraud is limited at other times.  Actually, the credit card pays more interest than the checkign account. Nevertheless, I don't keep high balance there because the risk of fraud is much higher for the credit card."}
{"_id": "456772", "title": "", "text": "\"I have actual scientifically rigorous sources on my side. You have... \"\"power line blog dot com\"\".  https://arstechnica.com/information-technology/2017/04/the-economics-of-energy-generation-are-changing-more-metrics-favor-solar-wind/  https://arstechnica.com/tech-policy/2017/07/report-draft-of-doe-baseload-study-says-wind-solar-dont-threaten-reliability/  https://arstechnica.com/science/2017/08/energy-departments-contentious-baseload-study-is-out/  Natural gas is pretty much better in every way but one than coal. It's much cheaper, far better for the environment (in both extraction and greenhouse gases), easier to extract, more energy dense, easier to control the production of energy in response to demand with... its only loss to coal is ease of storage.  It doesn't matter if we have a lot of it if using alternative options is a superior option. Just because we have it doesn't mean it's worth extracting or using.\""}
{"_id": "456773", "title": "", "text": "Give a cheque.  You can. Your friend would have to deposit this in a Bank that does this service. Not all Banks offer this service in US. It generally would take 1-3 months for the funds to reach.  Give a dollar-denominated cheque You can NOT write check on a Rupee account and put USD. You can definitely buy a USD Draft generally payable in the US. There would be some charge for you here and send it by courier, post. It would get paid into your friends account in about a week. Do a SWIFT transfer Yes you can. You may need to walk into a Branch and fill up forms. If the amount is more than specified limit a CA certificate is required. Am I correct in understanding Yes Use my ATM card in the US Yes you can.  Specialised money transfer services like Western Union Transfer money out of India is not allowed by Money Transfer services"}
{"_id": "456783", "title": "", "text": "\"This is obviously a spam mail. Your mortgage is a public record, and mortgage brokers and insurance agents were, are and will be soliciting your business, as long as they feel they have a chance of getting it. Nothing that that particular company offers is unique to them, nothing they can offer you cannot be done by anyone else. It is my personal belief that we should not do business with spammers, and that is why I suggest you to remember the company name and never deal with them. However, it is up to you if you want to follow that advice or not. What they're offering is called refinance. Any bank, credit union or mortgage broker does that. The rates are more or less the same everywhere, but the closing fees and application fees is where the small brokers are making their money. Big banks get their money from also servicing the loans, so they're more flexible on fees. All of them can do \"\"streamline\"\" refinance if your mortgage is eligible. None if it isn't. Note that the ones who service your current mortgage might not be the ones who own it, thus \"\"renegotiating the rate\"\" is most likely not an option (FHA backed loans are sold to Fannie and Freddie, the original lenders continue servicing them - but don't own them). Refinancing - is a more likely option, and in this case the lender will not care about your rate on the old mortgage.\""}
{"_id": "456788", "title": "", "text": "You will most likely pay around 30%, between standard income tax and payroll taxes. That is a good place to start. If you live in a state/city with income taxes, add that to the mix."}
{"_id": "456799", "title": "", "text": "&gt;how can one argue plastic's inability to store value comes artificially/by opinion?  That's backwards. Gold's *ability* to store value is artificial. Plastic's value is naturally determined by the market. It's cheap to produce, and abundant. Therefore, the market dictates it's going to be cheap.  Gold is artificially priced because it still retains many of its characteristics as a store of value for things unrelated to itself. People, for example invest in gold bullion, driving up the price. It's abundant, though costly to produce; yet its quantity and cost of production don't determine its price. Investors do.  You don't see people investing in plastic bars."}
{"_id": "456807", "title": "", "text": "\"No its not what's happening because trump is cutting federal support which was defined when the ACA was passed. He is actively trying to raise premiums so it will fail. This is a fact.   Why on earth would I think that? Hmm could it be... - effectively de funding the ACA to cause premiums to skyrocket that Americans can't afford so that you all can claim \"\"Obamacare failed\"\"? - pushing a \"\"repeal now, replace later\"\" agenda which would have an immediate and dramatic impact on the well being of millions? - consistently wanting to remove the pre existing conditions clause / replace it with something which has been proven to be dangerous and ineffective (high risk pools)  There's nothing dramatic about it. I'm dealing in the world of facts. I'm not sure where you're getting your information from. Probably Russia? Idk\""}
{"_id": "456814", "title": "", "text": "\"The \"\"c.\"\" is probably circa, or \"\"about.\"\"  Regulatory settlements is in blue because it's negative; the amount is in parentheses, which indicates a loss. WB and CB might be wholesale banking and commercial banking? BAU probably means \"\"business as usual\"\" or things that don't directly apply to the project. Incremental investment is the additional cash a company puts towards its long-term capital assets. FX is probably foreign exchange.\""}
{"_id": "456821", "title": "", "text": "Managers are employees, too. Leaders of huge financial institutions find it difficult if not impossible to save their reputation from risk when their bankers and advisors aren't legally bound to any fiduciary responsibility. So it would make sense that they would be against this deregulation. We'll see what the future brings. I'll be surprised if this makes it to Trump's desk anyway."}
{"_id": "456823", "title": "", "text": "Here is one for you that hasn't neen answered to date. Why are prices going up in the market while incomes are going down or stagnant? Anybody that knows economic or finance should be able to answer this question or at least give an opinion, Let me preface this as the marlet has been really good to me."}
{"_id": "456848", "title": "", "text": "\"Although they probably don't help ISIS, it will be interesting to see how Paypal's moral agency holds up to the rigorous whataboutism of the internet - remember a few months ago when the bank USAA pulled advertising from one news channel, then after public outcry, pulled their advertising from multiple channels because it fit the same box of \"\"not advertising on controversial sources\"\" ?  That said, paypal has always been kind of douchy in regards to servicing its customers properly- holding money, screwing over sellers, black listing users and more- a lot of people probably already have a truly negative opinion of paypal, perhaps this move is designed to earn them some goodwill? If so, I doubt we'll see even application of the original line of thought -- don't want to urk those who you're attempting to pander to.\""}
{"_id": "456856", "title": "", "text": "Sure, but in the article it even states:  &gt;...clear indications exist that Beijing would prefer to focus on matters at home, where the economy is slowing much faster than expected.On Thursday, an index measuring activity in the country\u2019s manufacturing sector showed factory output slowed in November for the first time in last three years time spam tipping concerns that China is finally being dragged down by the problems of America and Europe, as well as policies to control inflation. A separate set of data showed that China\u2019s property market is continuing to slide, with house prices falling for a third consecutive month in November. China\u2019s stock market, meanwhile, closed down, capping a fourth straight week of losses.  It doesn't sound like they have all that much resources to just hand out at the moment."}
{"_id": "456885", "title": "", "text": "\"I really wish someone would release a similar product to quickbooks, its so SLOW and clunky.  Its my number 1 question from my small business IT clients... \"\"is there anything out there besides quickbooks?\"\"  I hear freshbooks is good, but everyone is so ingrained in the quickbooks way of doing things it would be a strugle to switch people to a different product.\""}
{"_id": "456887", "title": "", "text": "&gt;&gt; Hey! Do you mind giving your credit card to the waiter...  &gt; I'm not especially fond of that, but it's easy to report fraud to the bank and most of the time the bank will reverse the charges.  No kidding! Of course, even I give credit cards to waiters. What do I care? **As you said, you are not liable to any fraud on your credit card.** None at all!!!!  It's only Merchant, not the credit card company, that pay the price for fraud... **and you pay higher prices to cover for losses from fraud.**  &gt; The PIN situation is different because a mugging is life-threatening.  Nonsense! Mugging at the ATM is so rare, each ATM has a camera. **In any case, I am not talking about using PIN to withdraw money!** I am talking about PIN to authorize charges on a credit card or ATM card.  &gt;&gt; We already determined that nobody even care about signatures or check them.  &gt; You can't use a stolen card at an ATM with a signature.  Huh? You totally got it wrong what I said, or, you argue for the sake of argument.  **I am saying that cards that require you to enter a PIN cannot be used used when stolen or copied. Yes or no?**  **On the other hand, cards that require signature can be used when stolen or copied because signature is a worthless method to validate the charge. Yes or no?**  LASTLY, my Costco credit card has a picture of me on it. **Question for you, since for some reason you argue so much against PINs: Wouldn't a picture on the card better than a signature?** Yes or no?  Do you see? There are so many ways to make this system so much more secure and fraud proof... but, ON PURPOSE, the credit card companies don't want that... because they are not liable for fraud. Simple as that."}
{"_id": "456927", "title": "", "text": "You can transfer to/from bank account. First, you must establish communication between PayPal and your bank. This has been my experience. Login to your PayPal account and do the following.  Step 1. Click My Account tab, then choose 'Profile'  Step 2. Choose My Money, Bank Account. There you can establish your bank account.  Step 3. After you establish your account, you will receive confirmation deposits to your acct within a few days.   Step 4. Once you confirm receiving the deposits, you can send/receive between PayPal and the account."}
{"_id": "456937", "title": "", "text": "The mastectomy swimsuits that are offered by popular companies come with a range of features like adjustable straps, concealed shelf bras, wide arm openings to hide scarring and tummy control for a flattering look. So, to buy these wonderful products reach out to such a company soon."}
{"_id": "456960", "title": "", "text": "The only reason the word Paris is stuck in this article is to get those manic clicks. It is completely irrelevant.  Social media tears did not close these plants. Chanting did not close these plants. Drum circles did not close these plants. The market closed them. They closed because they are no longer economically viable. They closed because their competition was simply better.  Natural gas will be what kills the coal plants in America.  Not wind, not solar, not Paris, not dreadlocked rebels. Natural gas.  Edit: Aww, you guys seem upset. I'm sorry I refuse to accept your fantasy land. Hopefully you'll learn to be objective when you're older."}
{"_id": "456966", "title": "", "text": "FYI, I'm mid-20s. And you're either TROLLING really hard or you're just in general UPSET at everything in LIFE. Whatever your problem is, I suggest you get OVER it so you don't appear to be a SOCIOPATH to the rest of us."}
{"_id": "456968", "title": "", "text": "However, you might have to pay taxes on capital gains if these stocks were acquired during your prior residency."}
{"_id": "456999", "title": "", "text": "Surely they have a legal duty to the shareholders of each individual company. Each company in each country has its own shareholders (admittedly, some might be completely owned by other companies). So it would not be in the interests of the UK shareholders for profits to exported to Switzerland. There is not one fiduciary duty across the whole network of companies."}
{"_id": "457013", "title": "", "text": "Unless you're running a self-employed business with a significant turnover (more than \u00a3150k), you are entitled to use cash basis accounting for your tax return, which means you would put the date of transactions as the payment date rather than the billing date or the date a debt is incurred. For payments which have a lag, e.g. a cheque that needs to be paid in or a bank transfer that takes a few days, you might also need to choose between multiple payment dates, e.g. when you initiated the payment or when it took effect. You can pick one as long as you're consistent: You can choose how you record when money is received or    paid (eg the date the money enters your account or the date a cheque   is written) but you must use the same method each tax year."}
{"_id": "457022", "title": "", "text": "\"How are derivatives like covered warrants or CFDs different from the bucket shops that were made illegal in the US? After reading up a little on the topic, the core difference seems to be that bucket shops were basically running betting pools, with everyone betting against the operator, whereas CFDs and similar derivatives are traded between speculators and the operator merely provides a market and checks the liquidity of participants. A CW seems to be a different matter that I'm not fully sure I understand (at least the description of Wikipedia seems to contradict your statement about not trade being performed on the underlying security). Should I worry that some regulator decides that my \"\"market maker\"\" is an illegal gambling operation? Not really. Nations with a mature financial industry (like Japan) invariably have heavy regulations that mandate constant auditing of institutions that sell financial instruments. In Japan, the Financial Services Agency is in charge of this. It's almost impossible that they would let an institution operate and later decide that its basic business model is illegal. What is possible are mainly two scenarios:\""}
{"_id": "457034", "title": "", "text": "\"Yes, you should budget some amount of your emergency fund for healthcare expenses.  How much you budget is really dependent on your particular anticipated costs.  Be aware that health insurance likely costs significantly more than your employer charges you for access to its plan. Since healthcare reform mandated guaranteed issue individual coverage you will have the ability to buy individual coverage for you and, if applicable, your family.  When buying individual coverage you have essentially two choices, your decision hinges on whether or not you'd qualify for a premium subsidy.  If your AGI is below 400% of the poverty line you'll be able to receive subsidized coverage at a state or federal health insurance exchange.  If the subsidy is not meaningful to you, or you wouldn't qualify, you can buy an \"\"off exchange\"\" plan offered either directly through a carrier or an insurance agent (some insurance agents are also licensed to sell exchange plans though it's somewhat rare).  In order to receive subsidized coverage you must buy through a state or federal exchange, or an agent licensed to sell exchange products specifically. If your employer was large enough to be required to offer its plan via COBRA or you live in a state that extends the COBRA requirement to smaller businesses, you can choose that as well.  Bear in mind this option is likely to be expensive relative to individual plans.  It's becoming a less relevant solution with the advent of guaranteed issue individual coverage.  COBRA is not a special type of insurance, it's a mandate that your employer allow you to remain on its plan but pay the full gross premium plus an up to 2% (10% for calCOBRA) administrative fee. Despide popular vernacular, there is no such thing as Obamacare or ACA coverage.  Obamacare reshaped the insurance market.  The ACA outlines certain minimum coverage requirements, generally referred to as \"\"Minimum Essential Coverage.\"\"  While employers and plans are not \"\"required\"\" to meet all of these coverage requirements there is a penalty associated with non-compliance.  The single exception to this is grandfathered plans which can still sidestep a few of the requirements.  The penalty is harsh enough that it's not worth the cost of offering a non-compliant plan. Whether you buy coverage through a state or federal exchange, through an insurance agent, or via your employer's COBRA program you will have \"\"ACA\"\" coverage (unless on the off chance your employer's plan doesn't check the \"\"Minimum Essential Coverage\"\" box).  So generally all plans available to you will have $0 preventive coverage, pregnancy benefits, cancer treatment benefits etc. Another thing to consider is your entire family doesn't need to be on the same plan.  If your family is healthy with the exception of one child, you can purchase $0 deductible coverage for the one child and higher deductible more catastrophic plan for the remainder of your family. In fact you could choose COBRA for one child and purchase individual coverage for the remainder of the family.  The things to consider when you face a lay-off: I tried to mitigate my use of \"\"all\"\" and \"\"always\"\" because there are some narrow exceptions to these requirements, such as the \"\"Hobby Lobby\"\" decision allowing closely held organizations with highly religious owners the ability to remove certain contraception benefits.  Understand that these exceptions are rare and not available to individual plans.\""}
{"_id": "457059", "title": "", "text": "\"There are different schools of thought. You can ask the IRS - and it would not surprise me if you got different answers on different phone calls. One interpretation is that a put is not \"\"substantially identical\"\" to the disposed stock, therefore no wash is triggered by that sale. However if that put is exercised, then you automatically purchase the security, and that is identical. As to whether the IRS (or your brokerage firm) recognizes the identical security when it falls out of an option, I can't say; but technically they could enforce it because the rule is based on 30 days and a \"\"substantially identical\"\" stock or security. In this interpretation (your investor) would probably at least want to stay out of the money in choosing a strike price, to avoid exercise; however, options are normally either held or sold, rather than be exercised, until at or very close to the expiration date (because time value is left on the table otherwise). So the key driver in this interpretation would be expiration date, which should be at least 31 days out from the stock sale; and it would be prudent to sell an out of the money put as well, in order to avoid the wash sale trigger. However there is also a more unfavorable opinion - see fairmark.com/capgain/wash/wsoption.htm where they hold that a \"\"deep in the money\"\" option is an immediate trigger (regardless of exercise). This article is sage, in that they say that the Treasury (IRS) may interpret an option transaction as a wash if it's ballpark to being exercisable. And, if the IRS throws paper, it always beats each of paper, rock and scissors :( A Schwab article (\"\"A Primer on Wash Sales\"\") says, if the CUSIPs match, bang, wash. This is the one that they may interpret unfavorably on in any case, supporting Schwab's \"\"play it safe\"\" position: \"\"3. Acquire a contract or option to buy substantially identical stock or securities...\"\" . This certainly nails buying a call. As to selling a put, well, it is at least conceivable that an IRS official would call that a contract to buy! SO it's simply not a slam dunk; there are varying opinions that you might describe as ranging from \"\"hell no\"\" to \"\"only if blatant.\"\" If you can get an \"\"official\"\" predetermination, or you like to go aggressive in your tax strategy, there's that; they may act adversely, so Caveat Taxfiler!\""}
{"_id": "457081", "title": "", "text": "tl;dr: I think you can find a much better deal. Doing a strait refi will cost you some amount of money.  However, a 2.5% fee ont top of closing costs seems really high.  You can get a quote from Quicken loans pretty quick and compare their fee.  Also I would check with a local bank, preferably one you already do business with.  The 2.5% is probably their commission for originating the loan.  If you are in the Southeast I have had great luck with Regions bank.  They are large enough, but also small enough.  Please know that I have no affiliation with either company. BTW the rate also seems high.  Doing a quick search of Bank Rate, it seems you can get 3.25% with zero fee as of this writing.  The worse deal they show is 3.46 with a .75% fee, much better than you were quoted. If you can afford it I would also encourage you to think outside the box.  A client of mine was able to obtain a Home Equity Loan (not line of credit) to replace their mortgage.  They went for a 7 year pay off, with the loan in first position, at a rate about .75 below the then current 15 year rate.  The key was there was zero closing costs.  It saved them quite a bit of money. Also look at a 10 year fixed.  It might not be much more than you are paying now."}
{"_id": "457108", "title": "", "text": "Those \u2018crises\u2019 are only an issue if you need your savings during the time of crisis. If you have time to sit it out, you should just do that, and come out of the crisis with a gain. People that lose money during a crisis lose it because they sell their investments during the crisis, either because they had to or because they thought they should. If you look at historic values of investments, the market overall always recovers and goes over the orignal value some time after the crisis. Investing even more right in the crisisis the best way to make a lot of money."}
{"_id": "457118", "title": "", "text": "Funny that this shows up on my feed right now...  I installed ICQ a couple of months ago.  I put it on my 7 year old son's iPad first, using his mum's phone number (we're divorced).  It is really the best way we can communicate quickly as she doesn't often let him pick up the phone and call - for whatever reason.  But, at 7, watching him send me messages and spell out words, it's amazing.  I haven't used ICQ in years, but it worked very well for our purposes and made me very happy.  As I'm typing this right now (no BS), someone from Indonesia has just started to message and converse with me (Canada).  Just like the old days when people used to randomly message others around the world to say hello and get to know what they were about, and what life was like (I have 20+ years online with things like this, so it's bringing back a lot of memories lol).  It's much different than what you experience in many other apps...  ads, local singles, etc.  I'm glad that it's growing again... nostalgic for a lot of people!"}
{"_id": "457122", "title": "", "text": "\"For a two year time frame, a good insured savings account or a low-cost short-term government bond fund is most likely the way I would go. Depending on the specific amount, it may also be reasonable to look into directly buying government bonds. The reason for this is simply that in such a short time period, the stock market can be extremely volatile. Imagine if you had gone all in with the money on the stock market in, say, 2007, intending to withdraw the money after two years. Take a broad stock market index of your choice and see how much you'd have got back, and consider if you'd have felt comfortable sticking to your plan for the duration. Since you would likely be focused more on preservation of capital than returns during such a relatively short period, the risk of the stock market making a major (or even relatively minor) downturn in the interim would (should) be a bigger consideration than the possibility of a higher return. The \"\"return of capital, not return on capital\"\" rule. If the stock market falls by 10%, it must go up by 11% to break even. If it falls by 25%, it must go up by 33% to break even. If you are looking at a slightly longer time period, such as the example five years, then you might want to add some stocks to the mix for the possibility of a higher return. Still, however, since you have a specific goal in mind that is still reasonably close in time, I would likely keep a large fraction of the money in interest-bearing holdings (bank account, bonds, bond funds) rather than in the stock market. A good compromise may be medium-to-high-yield corporate bonds. It shouldn't be too difficult to find such bond funds that can return a few percentage points above risk-free interest, if you can live with the price volatility. Over time and as you get closer to actually needing the money, shift the holdings to lower-risk holdings to secure the capital amount. Yes, short-term government bonds tend to have dismal returns, particularly currently. (It's pretty much either that, or the country is just about bankrupt already, which means that the risk of default is quite high which is reflected in the interest premiums demanded by investors.) But the risk in most countries' short-term government bonds is also very much limited. And generally, when you are looking at using the money for a specific purpose within a defined (and relatively short) time frame, you want to reduce risk, even if that comes with the price tag of a slightly lower return. And, as always, never put all your eggs in one basket. A combination of government bonds from various countries may be appropriate, just as you should diversify between different stocks in a well-balanced portfolio. Make sure to check the limits on how much money is insured in a single account, for a single individual, in a single institution and for a household - you don't want to chase high interest bank accounts only to be burned by something like that if the institution goes bankrupt. Generally, the sooner you expect to need the money, the less risk you should take, even if that means a lower return on capital. And the risk progression (ignoring currency effects, which affects all of these equally) is roughly short-term government bonds, long-term government bonds or regular corporate bonds, high-yield corporate bonds, stock market large cap, stock market mid and low cap. Yes, there are exceptions, but that's a resonable rule of thumb.\""}
{"_id": "457133", "title": "", "text": "I have a finance background and realized I love programming. I'm learning JS/Node/Socket to create realtime data apps. Later on, I might use Python to crunch some numbers but the aforementioned stack seems to hold a lot of utility for the financial world."}
{"_id": "457135", "title": "", "text": "First, A credit account is increased by credit transactions and decreased by debits. Liabilities is a credit account and should be a positive number.  A debit account is increased by debit transactions and decreased by credit. Assets is a debit account and should be a positive number.  Equity = Assets (debit) - Liabilities (credit) may be positive or negative.  You currently are subtracting a negative number for a net positive, since your Liabilities is set as a debit account.  How you currently are set -> Equity = Assets (debit) - Liabilities (debit) It is easier to understand if you change the columns from Increase/Decrease to Credit/Debit. I believe this is changed through Edit > Preferences > Accounts > Labels > Use formal accounting labels.  To fix your situation, open up the Loan account and switch columns on the amounts. This will decrease Opening Balances and increase the loan, per your current column headings.  This is a snippet of Opening Balances. You see that Opening Balances is debited and the Loan/Liability account credited. I included Petty Cash to show the reverse. Petty Cash is an asset, so it credits Opening Balances and debits Petty cash. This is a student loan Liability account. As you see, the Opening Balance is debited and decreased. The loan is credited and Liabilities increased. As payments are made, the reverse happens. The loan, being a credit account, is debited and the balance decreases. Opening Balances moves closer to 0 as well. The savings account, being a debit account, is credited and the balance decreases. There has been no change in Equity since Liabilities and Assets decresed by the same amount."}
{"_id": "457168", "title": "", "text": "No state pay assess for Delaware partnerships that work out of express No business permit required for Delaware enterprises not working in Delaware, No legacy impose on stock held by non-occupants of Delaware llc, No state deals charge on elusive individual property, Shares of stock possessed by non-inhabitant outsiders are not subject to Delaware charges. The condition of Delaware llc offers various decisions for speed of documenting, contingent upon your necessities and spending plan. There is no extra charge for standard services, in spite of the fact that it might destroy your understanding sitting tight for them to process it."}
{"_id": "457187", "title": "", "text": "\"So? Godaddy opposes SOPA now but everyone is still rightfully pulling away from them. Corporations need to learn to stop pushing their customers. That'll never happen if you say \"\"okay\"\" once they back off. You're still paying that company and they will almost assuredly try sneakier shit in the future.  Godaddy, Bank of America, and Verizon are all on my blacklist thanks to the shit they've pulled. I suggest you all add them to yours. Don't go easy on them.\""}
{"_id": "457189", "title": "", "text": "If you are disputing the size of the charge for specific services, like you think that they overcharged for lab work, you can try disputing it with the business office staff at the doctor's office. If, on the other hand, you just think that the overall bill is too expensive then you really only have one option. You can ask if they will reduce the bill for you. Most hospitals and clinics I've dealt with have programs set up for this, but you usually access them by filling out paperwork demonstrating financial hardship (along with supporting documents). It never hurts to ask. But with the services already rendered the only person with an interest in reducing the bill is you. The reduction, if any, will probably depend on what the clinic thinks your ability to pay is compared with the cost to them of pursuing you for payment, as well as the amount of funding they have for bill reduction. When I worked in the financial services office of a hospital a $400 bill would not even have been reviewed for discounting-- the balance would be too low to devote staff time to reviewing. It's frustrating, and even asking in advance might not have given you accurate (or any!) information on what the cost of the visit would be, so your ability to shop around is limited. Unfortunately, that doesn't give you any additional options in this case."}
{"_id": "457199", "title": "", "text": "I don't have numbers on that, but I imagine the average student loan is much higher.  Stilll, student loans, due to their default-less nature, are a bit of a different beast IMO. I think student loans will put a prolonged drag on the economy, but I really don't see where the catalyst for a crisis would be."}
{"_id": "457202", "title": "", "text": "&gt; but what about the necessities like food and shelter? Those things are becoming ever increasingly more expensive.  Source? Food quality/quantity has become vastly cheaper in the last century. Try finding out of season fresh fruits and vegetables in 1920 - you couldn't.   &gt;If the quality of life was improving for the masses, then we wouldn't be having this conversation about inequality now would we?  Says who? We have conversations about global warming, about evolution. By your logic, those are also untrue because we are having a conversation about it?"}
{"_id": "457204", "title": "", "text": "I don't see how it contrasts with any other the other advise here.  I even gave the advice to hold people accountable.  If anything my advise was more hard-line then most that's been given here.  I think you either misread what I wrote or you're completely off base."}
{"_id": "457226", "title": "", "text": "\"Also, the MSM are big fans of \"\"Officials said\"\" journalism. Well, when a government or corporate official tells you something, _you're supposed to fact check it and report the results._ Somehow, that really simple piece of journalism got lost along the roadside.\""}
{"_id": "457234", "title": "", "text": "Well lets see...  JP Morgan Chase, for example, has a market cap of $118 billion. The U.S. labor force is about 158 million people. So if every working american kicked in about 400 bucks, you'd have enough money to buy a a controlling stake in JPM. Goldman Sachs has a market cap of $44 billion. You could buy a controlling stake in Goldman if every working american threw in about 150 bucks. Of course you'd have to purchase the stock at a large premium if you're trying to gain a controlling stake."}
{"_id": "457235", "title": "", "text": "\"&gt; A true economist ~~or economic academician~~ is searching for facts, the truth, the reality of a situation.  Exactly.  And none of the people doing any of these things are \"\"true economists\"\".  Instead they are \"\"academic economists\"\" -- and like all academics they are not (despite protestations and assertions) actually pursuing \"\"truth\"\", but rather are part of the establishment and in support of the status quo.  &gt;Your claim is completely arbitrary and unsubstantiated.   Nope.  Solidly substantiated... you're just (willfully) oblivious to the reality.  &gt;If you're going to make an assertion, at least attempt to back it up. I've tried to do that with everything that I have claimed in this thread.  Already did... multiple levels of comments above.  You are just blindly dismiss it because it doesn't fit with your (gullible) dogmatic ideological view of the world.\""}
{"_id": "457249", "title": "", "text": "\"It is not an either/or decision.  If you \"\"want to retire decades early\"\", then you will need to have a taxable account anyway, as you won't be able to stuff enough money into the tax-advantaged accounts to meet that goal. And if you are \"\"making a huge sum\"\", then you will be in a high tax bracket and so the tax advantages of saving into a 401K or IRA will be substantial. So, max out your 401K/IRA, and then save the rest into the taxable brokerage account.  When you retire at 39, live off your taxable account until you are old enough to tap the other ones without penalty. Unless you plan to die decades early, as well as retire decades early.  In that case, you can bypass the 401K/IRA.\""}
{"_id": "457254", "title": "", "text": "&gt; This after paying thousands a month for decades.   By my math, that's about (if not well over) half a million dollars they've spent on life insurance.   Even using the minimums for what you said, that's 2k/month\\*12months/year\\*2decades\\*10years/decade=$480,000.  Edit:formatting"}
{"_id": "457261", "title": "", "text": "So your solution is take all three away. Take illegals, felons and potheads out if the jobs that 20 years ago the potheads and felons filled.  Who exactly do you plan to fill those jobs with? The homeless? Who are all felons and potheads.  Or ok automation.  Fine but don't cry when society goes down the tubes because so many people are on the streets with no where to turn but crime/drugs. Then eventually in prison that you pay for.  It was your idea though that you support.  Sorry bud but I think it's your idea shooting yourself in the foot, literally."}
{"_id": "457267", "title": "", "text": "I don't look down on poor people at all.  I've been there.  I'm just trying to describe the correct attitude that will help one rise up out of poverty. Blaming others, blaming 'the system', blaming your parents, blaming minimum wage, blaming your boss, blaming social media, blaming the news, blaming the Russians, blaming immigrants ----  NONE of that shit is going to help YOU get out of poverty.  Taking responsibility for your own life is the only way out.  Luckily we live in a system that allows you do to that.  There are other systems.  You could have been assigned a job at birth, because that's what you father did.  Do you like that system better?    What are you even so worked up about?  What have I said that is factually incorrect?  What do you think should happen in Society?  Should the wealthy just give money to the poor?  Would that make you happy?  Like, what are you even arguing for?"}
{"_id": "457269", "title": "", "text": "\"Usually... I think that's overstating the case.  You CAN get a bargain (especially if the place is in not-so-great condition), but not every foreclosure will be a good deal even if it is priced well below its most recently appraised value. As the buyer it's your responsibility to determine whether it's priced well or not, and to decide whether you're willing and able to repair its deficiencies after you buy it. The same's true when purchasing any house; foreclosures just make it more likely that there are problems and (hopefully) wind up being priced to allow for them. I don't know of a single website which lists all foreclosures. Some of the home listing websites do have a \"\"show me foreclosure listings\"\" filter, and I'm sure that the better tools available to real estate agents can select these. But if that's the direction you're interested in going, you should be looking at distressed properties generally, NOT just foreclosures; you may get a better deal, in the long run, by going for the one that has been mechanically maintained but is just plain ugly rather than the one with a pretty skin whose heating system hasn't been serviced for the last decade. Do your homework, shop around, don't fall in love with any one house... all the same rules apply at this end of the spectrum just as strongly as they do in the mid or upper ranges. Perhaps more so. Happy hunting!\""}
{"_id": "457273", "title": "", "text": "&gt; Upfront investment cost to create a contemporary business is challenging today, and this is before a firm anticipation of the cost of labour declining in developed nations.   Yes, today.  But I think part of this future is where these costs come down due to advanced technology.  Look at 3D printing as an example.  It's new and expensive now, but when these things are $99 at staples and capable of printing high quality plastic parts, you essentially give every single person the ability to buy a cheap factory for his home.  This helps greatly distribute and decentralize the means of production, and possibly even get around copyright and I.P. with open-source repositories like Thingiverse.  This is how I see the future in the world described in the video.  Cheap, advanced technology that replaces human labor.  When the cost of a labor robot is in the price range of 90% of the public, you won't have to work.  Every human will have robots working on their behalf.  I think the video warns of a future where these robots exist, but they're only owned by the rich.  I think that's the wrong prediction.  That isn't how technology works.  They even go over that in the video.  How computers every year get cheaper and more powerful.  Same goes with 3D printing; they get more powerful and cheaper by the day.  Same will go for labor robots.  So it's not that every person is going to have to operate their own small business (though it will probably increase entrepreneurship, which is a great thing), it just means that each individual will have the means to produce without actually laboring."}
{"_id": "457276", "title": "", "text": "\"Your math is correct. If you take the same amount of pre-tax wages (assuming that that amount can be fully contributed in both Traditional and Roth cases), and assuming the same flat tax rate when contributing and withdrawing, then the two are the same. However, we don't have a flat tax, and due to the way our tax brackets work, there is often a slight advantage to Traditional accounts. Recall that not every dollar of your income is taxed at the same rate; the tax bracket only describes the rate that the last dollar of your income is taxed at. But some of your income will be taxed at lower brackets. No matter what your income is, your first $x of income will be taxed at 10%, then $y at 15%, etc. So what is the tax rate of the dollars of income that you used to contribute to a retirement account? Is it the first dollars of income? The last dollars of income? or what? Since we are comparing an after-tax contribution (Roth) versus a pre-tax contribution (Traditional) whose income doesn't show up in taxable income, and all other income is equal, the dollars contributed is considered to come from the top in the Roth case. Similarly, when you withdraw in the Traditional case, the withdrawal counts as income; is it the first dollar of income or the last dollar of income? Again, since we are comparing the situation where the withdrawal counts as income (Traditional) with the one where it doesn't (Roth), all other income being equal, the taxable income is considered to be added to the top. The difference is that when you contribute to a retirement account, you contribute a very small percentage of your income every year, probably no more than 5-10%. If we count down from the top, this small percentage of your income probably falls wholly within a bracket (in other words, the taxable income in Traditional and Roth cases are likely in the same bracket), so the entire contribution is at the same rate -- your marginal rate, the rate you cite as your tax bracket. However, when you withdraw in retirement, it is likely that every year, the retirement account withdrawals account for a large percentage of your income, maybe even half or more. If we count down from the top, this large percentage of your income probably crosses into lower brackets (in other words, the taxable income in Traditional and Roth cases are likely to be in different brackets), so the withdrawal is partly taxed at one rate, partly taxed at another. So if your tax bracket is 15% in the Traditional case, it's likely that your withdrawal is taxed partly at 15% and partly at 10%. So in this case, the average tax rate on the withdrawal is lower than your \"\"bracket\"\".\""}
{"_id": "457294", "title": "", "text": "You also need to remember that stock options usually become valueless if not exercised while an employee of the company.  So if there is any chance that you will leave the company before an IPO, the effective value of the stock options is zero.  That is the safest and least risky valuation of the stock options.   With a Google or Facebook, stock options can be exercised and immediately sold, as they are publicly traded.  In fact, they may give stock grants where you sell part of the grant to pay tax withholding.  You can then sell the remainder of the grant for money at any time, even after you leave the company.  You only need the option/grant to vest to take advantage of it.  Valuing these at face value (current stock price) makes sense.  That's at least a reasonable guess of future value.   If you are absolutely sure that you will stay with the company until the IPO, then valuing the stock based on earnings can make sense.  A ten million dollar profit can justify a hundred million dollar IPO market capitalization easily.  Divide that by the number of shares outstanding and multiply by how many you get.  If anything, that gives you a conservative estimate.   I would still favor the big company offers though.  As I said, they are immediately tradeable while this offer is effectively contingent on the IPO.  If you leave before then, you get nothing.  If they delay the IPO, you're stuck.  You can't leave the company until then without sacrificing that portion of your compensation.  That seems a big commitment to make."}
{"_id": "457296", "title": "", "text": "\"We don't have a free market.  Furthermore, without fail, every example in history that approaches a free market produces an environment entirely consumed by corruption and immorality.  Humans, at the most basic level, are fundamentally incapable of sustaining a free market system that results in a generally \"\"good\"\" outcome for people.  I heard a story in a documentary about the financial crisis (which was prior left void of any meaningful regulation), at it's worst, and in private, the banking CEO's told Henry Paulson that they needed to be regulated because they were incapable of keeping themselves in check. That only came out at the most critical moment of the worst financial shit in recent history. No banking CEO will ever come close to admit such a statement today now that \"\"things are OK again.\"\"  That's how things work in real life, all people are just children. And you want our *health care* to be handled by those children?  In this analogy the government with their \"\"annoying\"\" regulations are like the adults... but Trump - so never mind, now even the adults are idiots, so we're basically just fucked.  Be careful what you ask for.\""}
{"_id": "457307", "title": "", "text": "The deposit slip at the institution that keeps your Roth IRA should have a place where you can designate the tax year the contribution should apply to."}
{"_id": "457308", "title": "", "text": "&gt;  Indeed Ukraine should have stuck with Russia (they are not in the position to join EU).  Explain this for me, would you? Why shouldn't they try to gain admittance to the EU? No-one expected it to happen overnight, everyone is aware the process takes years, but if simply trying to join an economic union that your neighbour disapproves of is cause for invasion then perhaps Russia needs to look at it's policies again."}
{"_id": "457316", "title": "", "text": "Going to get down voted to hell because its not what you want to hear but:  So over a 9 year period the author of the study claims that after 56 incidents the industry is corrupt. Does this guy have any idea how many hedge funds there are out there? its well over 10,000 and there are probably around 20 incidents a year in which they could redeem ahead of investors.  Finance is completely corrupt and broken to all hell but ridiculous reports like this and knee jerk reactions wont solve anything."}
{"_id": "457323", "title": "", "text": "AC is kinda like this big mall but that allows gambling. Its fine for middle of the road and lower end patrons but high end patrons and more sophisticated people go to vegas, and new york for what? The food. I don't really know any really notable food places in AC. All the major cities have restaurants that it is worth spend a 100 bucks per person backed by top chefs, including Vegas. AC is just a big fucking mall, with chain restaurants.   AC doesn't have Rossini burgers. You end up going to some diner in AC not because you want to, but just because that's how it is."}
{"_id": "457338", "title": "", "text": "Based on these dates in your question: Going back over my records, I was able to recall the following: Maryland realized recently that on the 2009 Federal 1040 Form you stated that on December 31 2009 you liven in Maryland. They are wondering where the state tax form is. DC, MD and VA due to reciprocity collect income tax based on where you live not where you work. So when you moved in August 2009 and again in August 2010 you needed to file new state versions of the W4.  The fact you did or didn't submit to your employer a correct state W-4 is not directly related, because you would owe the tax regardless. The W-4 just makes sure that something close to the correct amounts are withheld and sent to the appropriate state capital. I seem to remember something about not having to pay Maryland state   taxes since I not only lived in the state for less than 6 months but   also did not work in the state. The reciprocity between DC, MD and VA says that Maryland gets the money because that is where you lived. The last time I had to do a part year the law was that they would forgive a half a month. In other words if you move in late December or early January you could ignore that small time period and avoid having to file in two states. In some cases people argue that some short term moves were never meant to be permanent. You might be able to claim that except the fact that your 2009 federal tax form you most likely claimed you lived in Maryland.  The next issue is time and money. If Maryland says you  owe them money for that time period, and if they still have the ability to force you to pay it; This is where the issue of correct state W-4 comes in.  If the money during the period you lived in Maryland was sent to Virginia, you should have had that money refunded by Richmond in the spring of 2010. But if there was no W-4 filed with your employer that would mean that Maryland didn't get any money for 2009. If you didn't tell Richmond you moved in 2009 they may not have refunded everything because they thought you lived there all year. Because of the time that has passed it may be too late to fix your Virginia filing, so they may not refund you excess payment to them. Maryland is interested in calculating how much you should have paid them in 2009. They are only looking at what you told the feds you made, and they may be assuming that you lived there the whole year. But until you file correctly that have no ability to calculate what you really owe. You need professional advice. You need to know what they can and can't collect. You also need to know what you can and can't get back from Richmond. And since it also may impact your filings for 2010 you will want to get that resolved at the same time."}
{"_id": "457343", "title": "", "text": "Dumb &amp; Dumber held a strategic meeting and came to the conclusion that in the absence of roads and infrastructure and the fact that Taliban love operating in the mountains where there are none of the said roads and infrastructure, and the said Taliban control most of Afghanistan and Dumb and dumber control parts of Kabul, it was far more fiscally viable and would place less man and material in harms way, with a higher probability of finding something of value, to pick minerals out of each others butt."}
{"_id": "457347", "title": "", "text": "\"Agree wholeheartedly. And Jamie means \"\"Everyone's kicking our ass, particularly commie China, who was willing to sacrifice their people/environment and because our corporations have even outsourced R&amp;D because it was cheaper there\"\", effectively assuring future innovation will occur elsewhere. (There is a study out about this very fact. Google it.). Dimon is really saying less reg, less wages, less protection of the environment/health or no growth but what is unsaid is that these countries are playing the long game against our greedy corporations playing for short term profit and in Jamie's case, Executive stock boosts, hence the proliferation of stock buybacks in recent years. Jamie's full of shit about caring about the US, he wants a race to the bottom here as well.Too bad it is too late. On the bright side, we have endless war to keep our General Dynamics/GE/Northrop/Bankster Middlemen going well until the apocalypse and maybe then some (Space wars are now afoot).\""}
{"_id": "457352", "title": "", "text": "\"I speak from personal experience. Even now, as I type this, I've had very sleep so, I'm on the edge a little, but you don't see me blogging about how ridiculous it is for me to stay up to learn something new, and I'm in my thirties where I've had to do this several year already.  That being said, I don't enjoy the long hours, but I do enjoy the problem-solving process, which can be time consuming. I tend to lose track of time when I'm immersed in learning or figuring a problem. Given the fact that tech is ever evolving, no one should ever be surprised to find out that there are long hours involved. It's not busy work. It's part of the learning process. If I figure it out, then it goes on my blog on how I resolved the issue instead of bitching how some VC (that was smart enough to become one) is going to benefit from my time. I'm paid for the work. That is the path I chose to be in.  With that in mind, I've worked for seven well known tech firm (most startups) so far. One was my own shop, which I ran for nearly six years. Nowhere did I hear anyone glorify the long hours. If I stayed after hours, I was asked if the work could be delayed, or if I can do it from home. Most managers want their direct reports to be happy, happy equals productivity. I haven't seen what you've  observed in the tech firms that I have worked for, but I suspect you might have had a difference experience. In my experience, the work-life balance was always preached in the interest of keeping people happy, despite work-life balance being nothing more than a term coined to get managers out of a sticky situation with HR-related  events. Any how, I digress.  Amy has applied some deep rationale to her blog post because she felt robbed of her time and possibly her youth. Sadly, her reputation with prospective employers might be influenced by her choice of words in the interest of \"\"fucking glory.\"\"   I suppose in the arrogance of youth that's a way of saying fuck glory. There is a part of me that think this will work to her advantage at some point...\""}
{"_id": "457383", "title": "", "text": "I can't tell if you're being sarcastic but I agree completely.  To me, this decision should effect their stock negatively but who knows what the market will do.  They effing love a company that hasn't made a profit yet."}
{"_id": "457390", "title": "", "text": "If we postulate that there is at least some element of truth to the phrase 'A leopard does not change his spots'  and then consider this tidbit He conveniently forgets to mention his 1.5 million dollar fraud fine   from the SEC over investment \u201cadvice\u201d he sold through a news letter.   The SEC claimed and the judge agreed that the report was \u201creplete with   lies\u201d. I think that gives you just about all you might need to know regarding the man behind the video, and the nature of it's content.  Oh, and it's purpose?  To SELL YOU the same said newsletter. I guess it's natural for Stansberry to feel as he does. After all if the US gov had just busted me for conning and lying to folks, and fined ME 1.5Mill, I'd be having some pretty intense lurid fantasies about it going down in flames, and trying to hide any money I had left offshore also.   A huge amount of his argument hinges on the US no longer being the world's reserve currency.  Firstly, while I'll admit I'm none too happy with the way the national debt has been managed for oh, around 30 years how, (which includes I will note going from a pretty much balanced budget, to around an 80% increase in the debt from 2001 through 2008, when 'times were good' and there was little need to spend money we didn't have), when compared to a lot of other countries, we still don't look that bad.  You have to ask yourself this first, if not the US, then WHO?  are the governments of the world going to trust China? could the Yen handle the load?  Is the Euro any better off especially considering problems in Greece, Ireland, etc.  Do countries like Switzerland have enough liquidity and available ways to invest there?  In order for the US to STOP being the world's reserve currency, you must have something to replace it with, and really, can we realistically think of one country/currency with the capability to become a new 'world reserve currency'???  Secondly, even then should such a shift actually happen, it doesn't mean people will ALL just magically stop buying US debt.  Yes the demand would go down, but it would not go to zero.  There are after all a worldfull of other countries who's money is right now NOT the world reserve currency, and yet they are able to sell bonds and people and even other countries invest there. (China for example does not invest exclusively in the US), so yeah we might have to start paying more interest to get people to buy US debt, but it's not like the demand will go away.   Save your money, save your time, don't buy into this dung."}
{"_id": "457394", "title": "", "text": "\"As you may know, the interstate system could have been easily built where every car/truck is charged to use it.  What about the space program? Absolutely no income from this and absolutely no benefit on earth... except additional jobs...  As for giving tax break to corporations, this is not the case!  This is a case of investment so a corporation will employ people in the USA instead of another country.  As for not \"\"living up to promises\"\": if a contract is written, and they don't live up to promises, then you know what will happen next.\""}
{"_id": "457395", "title": "", "text": "They've asked you, so your advice is welcome.  That's your main concern, really. I'd also ask them how much, and what kind of advice.  Do they want you to point them to good websites?  On what subjects?  Or do they want more personal advice and have you to look over their bank accounts and credit card statements, provide accountability, etc.? Treat them the same way you'd want to be treated if you asked for help on something that you were weak on."}
{"_id": "457416", "title": "", "text": "My young sweet experience to rent BMW\u2019s Mini\u2019s I'm only 18 and I rented a BMW 1 series from HBC Car Rentals for 2-weeks, to drive around Central London and North West London. After searching the internet for a hire company which rents to young drivers we stumbled upon HBC Car Rentals, not only could they rent to me they had the great reviews a very competitive price.  HBC Car Hire is located minutes away from Wembley stadium. They have a large array of cars to rent, even to young drivers. Their mission is to make the hire of Cars and Vans simple and accessible. And HBC car hire stand by that!! You let them know your requirements and they will organize everything for you in one complete package AT AFFORDABLE RATES. HBC Car Rentals aims to meet everyone\u2019s need.  They\u2019re Located in North West London, Close proximity to Wembley Central Tube Station, Wembley stadium and Wembley Park Station. And on major bus route like Bus 18 Bus 83 Bus 292 and many more. HBC Car Rentals exceeded our expectations. Find more from hbcrentals(dot)co(dot)uk"}
{"_id": "457419", "title": "", "text": "What rules are being violated? What specific rule changes do you propose?   The reason I ask is, because rule changes put into effect to prevent certain activities often have unintended and unforseen consequences.   Several exchanges are enacting fees that will curb this activity. Essentially if you send over X number of quotes today, and get filled on less than Y% of them, you will be charged a fee of Z for each quote sent over X. The number of quotes X is in the six figure range, the fill rate Y is around 80%, and the fee is a mil or so.   This effectively curbs behavior like this."}
{"_id": "457422", "title": "", "text": "\"Suppose the stock is $41 at expiry. The graph says I will lose money. I think I paid $37.20 for (net debit) at this price. I would make money, not lose. What am I missing? The `net debit' doesn't have anything to do with your P/L graph. Your graph is also showing your profit and loss for NOW and only one expiration. Your trade has two expirations, and I don't know which one that graph is showing. That is the \"\"mystery\"\" behind that graph. Regardless, your PUTs are mitigating your loss as you would expect, if you didn't have the put you would simply lose more money at that particular price range. If you don't like that particular range then you will have to consider a different contract. it was originally a simple covered call, I added a put to protect from stock going lower.. Your strike prices are all over the place and NBIX has a contract at every whole number.... there is nothing simple about this trade. You typically won't find an \"\"always profitable\"\" combination of options. Also, changes in volatility can distort your projects greatly.\""}
{"_id": "457424", "title": "", "text": "\"&gt; Using my time the way I want is my liberty so long as I am not obstructing another person's same natural born rights.  I think the left and right agree on this goal.  I just think the left sees more things as indirectly obstructing another person's rights than the right.  &gt; Well, tell me why (\"\"My body, my choice\"\") doesn't hold true when it comes to health care?  I don't understand.  I think the general left embraces that attitude except in a few cases where another person's rights are infringed (vaccines, for instance).  When do you think they are being hypocritical to that slogan?  &gt; I think I am done here.  Done with your answer or done with our conversation?\""}
{"_id": "457429", "title": "", "text": "I joined the military for college and came back with a broken back and now disabled... 5/7 not worth it. Either you're gung-ho, bored, clueless, poor but want to travel, or goal-oriented like college. Also sucks to be delayed compared to friends and family who didn't join."}
{"_id": "457433", "title": "", "text": "I'd imagine societies will tend to glorify whatever their economies require - after inventing matches, starting fires with sticks is no longer glorified as much. After a colonial empire collapses and they are no longer getting agricultural tributes from their colonies, I'd imagine they'd start glorifying agricultural work again more than their recent history."}
{"_id": "457455", "title": "", "text": "It essentially works the same. Some states don't have any income taxes at all (like Florida or Wyoming), some only tax income derived in the state, and some tax worldwide income (like New York or California), similarly to the Federal income taxes. However, if you're living abroad (i.e.: you're a citizen or resident of a foreign country and you live there), you're not considered resident by most of the states (check with your state for specific definitions) for most, if not all, the time of your residency abroad. In such case - you don't pay state taxes, only Federal. You have to remember that foreign income exclusion doesn't apply to the income from your 401k, so you pay the taxes as if you're in the US. You can not use foreign taxes credit as well (but depending on the tax treaty with the country you're moving to, your 401k income might not be taxable there). In some cases you may end up with double taxation: US will tax your 401k income as you're a US citizen and the income is derived from the US sources, and the foreign country will tax the income based on its own laws. This is not a tax advice, and this answer was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer."}
{"_id": "457461", "title": "", "text": "What typically happens to brokerage accounts during similar situations? This depends on country, time and situation. Nothing is predictable in such situations. In Greece during the said period the stock exchanges were closed for 5 weeks. There was no trading.  Edits: Every situation is different and it would be unfair to compare one against another or use it to predict something else. Right now in India due to demonitization, cash withdrawal is limited. One can trade in stocks, unlimited bank transfers, transfer money out of India ...etc. Everything same except for cash withdrawal. In 1990, the ASEAN countries survived a financial collapse, everything was allowed except moving money out of country."}
{"_id": "457466", "title": "", "text": "The best thing to do right now is track your spending. You know you're saving 1k a month, and you know you're spending 1k a month on rent. That's 24k so far. I presume you'll have some income tax taken out, let's assume it's another 6k to round us neatly up to 30k. Since you earn 80k and you've spent 30k so far, you have another 50k unaccounted for. If you're in the USA I'd recommend using mint.com or a similar service to automatically track your transactions, or even just a spreadsheet if you don't like handing out your bank details (and you shouldn't). After that, I agree with SoulsOpenSource's answer. Write a budget and try to figure out where the fat can be trimmed. When I started tracking I saw I was spending almost a hundred bucks every week on fast food, due to poor planning and laziness. I decided to cook more and plan better and now I'm spending less than half that - in the last year I've saved almost three thousand dollars! If you want to save up for your future (and good on you if you do!) then there'll be some choices to make ahead. If you're spending a few hundred bucks on going out drinking every weekend, or you grab two coffees every day, or you buy fifty blurays a month (do people still buy blurays?), you'll have to ask yourself: Will I be happier spending money here than saving for my future?"}
{"_id": "457485", "title": "", "text": "\"Check your math... \"\"two stocks, both with a P/E of 2 trading at $40 per share lets say, and one has an EPS of 5 whereas the other has an EPS of 10 is the latter a better purchase?\"\" If a stock has P/E of 2 and  price of $40 it has an EPS of $20. Not $10. Not $5.\""}
{"_id": "457497", "title": "", "text": "Ofrecemos los mejores paquetes tur\u00edsticos en La Habana. La Habana es la capital de Cuba y respira una energ\u00eda y vivacidad diferente a cualquier otro lugar de la isla. Este es el lugar para pasear por las calles llenas de bandas de cultura tradicional o tr\u00edos, escuchar los golpes de salsa de voladura de una casa privada cercana lejos en los clubes de salsa y empezar a entender el verdadero estilo de vida cubano. Independientemente de los lugares que planea visitar durante su viaje, no vacaciones en Cuba ser\u00eda una completamente disponible Casa particular en Habana. Cuba tiene dos monedas, una para los turistas y otra para los ciudadanos. Para conseguir una experiencia realmente aut\u00e9ntica en La Habana intenta alojarse en una Casa Particular."}
{"_id": "457513", "title": "", "text": "So, there's no way to do both?  I look out for my family, but I also try to be honest, live up to my word, and admit my mistakes rather than trying to find a villain or excuse for them.  Looking out for myself and my family includes being careful with my money, especially large sums that I don't want to lose."}
{"_id": "457529", "title": "", "text": "I found a good description of these on the Laurentian Bank website.  Very similar to Abraham's answer, but the details are a little different (perhaps because it's Canadian). Certified cheque: A cheque which has been certified by the bank that the funds to be drawn are available and locked in for the sole beneficiary. This type of payment is guaranteed in case of theft, loss or destruction. Certified cheques can be entirely replaced after investigation (may be subject to a fee). Official cheque: As for the certified cheque, the official cheque is guaranteed by the bank against theft, loss or destruction. This type of cheque is different because it will be automatically and fully reimbursed within a 30 to 90-day period. If the amount is over $1,000, fees will be higher than   those of the certified cheque. Money Order: The money order is also a bank-guaranteed payment in case of theft, loss or destruction. As with the official cheque, it will be replaced or totally refunded within a 30 to 90-day period. Its difference resides in the fact that the maximum amount is $1,000 and it can be issued in US dollars. Bank draft: A bank draft is the ideal guaranteed payment vehicle for all your foreign currency transactions. It\u2019s guaranteed against theft, loss or destruction and will be replaced or totally reimbursed within a period that varies according to the currency. If you are an immigrant or an emigrant or if you make purchases outside of the country, you could require this payment vehicle."}
{"_id": "457531", "title": "", "text": "Not the same.  If Walmart were to actually make a product and then let the same people who made it buy the product before any customers, that is a problem.  Heck, it even pisses me off when a new product comes out (not made by Walmart, say Star Wars ships) and Walmart employees buy all of them up before they hit the shelves. That's fucked up.  They aren't customers at that point. They are taking unfair advantage of their employment to buy things not yet available to real customers.  Also, it has been long standing practice to not let employees buy the first X products off the line.  Why?  Because they might put more into the product that what they are paying for.   Imagine if ALL the employees were to buy the new 3S before Tesla let a real customer get one. Imagine how many customers who put deposits down would be pissed.   IMHO, personally and professionally, it's just wrong to let your employees have first dibs."}
{"_id": "457532", "title": "", "text": "Possibles: stock offering, secondary placement, increase authorized number of shares, shelf registration."}
{"_id": "457535", "title": "", "text": "Maybe you know something I don't, but as far as I'm aware, you can't get rid of it.  **Student loans are with you for life**.  You will be sent to collections, but it doesn't disappear after 7 years.  Settlements are incredibly rare unless your loan is ballooning... in which case, a settlement doesn't change all that much.  You will lose tax benefits, the government will garnish 15% of your wages, and you will be a debt slave until it's paid off.  Defaulting on student loans is much, much more painful than defaulting on private loans.  The *only* exception to this is if you've made 120 months of repayments while employed at a qualifying non-profit or governmental organization.  And even then, it only applies to federal loans and there are exceptions (better not refinance or the clock resets, for example).  Also, if you default, you will no longer be eligible.  Private student loans have no escape hatch and are equally unforgiving.  Thank your elected representatives."}
{"_id": "457541", "title": "", "text": "Guy from the 1800s has no relevance to modern times when everyone has access to the world's knowledge for $30/month. There's NO excuse for anyone to not come up with $400 in an emergency. My grandparents were poor, but they lived under their means so they could have a surplus. My parents did the same. I do the same. The surplus is now sizeable, through nothing extraordinary. The people I blame the most for poverty is people who have kids they cannot afford. That's the root origin of most poverty, without which, poverty would be eradicated within 2 generations at most."}
{"_id": "457543", "title": "", "text": "In my opinion, since she will live in one apartment, as will you and your husband, the simplest method is to divide the ratio exactly the same as the area for your living space. If it's 40/60, she puts 40% down, you put 60%. And you split expenses the same.  The tenant income can be applied to the house expenses, as it's no different than giving her 40% and you keep 60%.  No matter how well you get along, it's easy for someone to feel a split of expenses isn't fair unless it's discussed and agreed up front."}
{"_id": "457545", "title": "", "text": "Corporations started dumping pensions in the 80's and 90's.  I noted at the time that that while the original hiring incentives had been to take lower wages in lieu of the promise of a pension; they did not raise wages after they dumped the pensions.  I think that the move was in part because corporate interests realized that through their pensions were about to control corporate America."}
{"_id": "457547", "title": "", "text": "Sorry, this post is horribly misguided. First of all, any boat or yacht is a terrible investment. The depreciation is horrendous. Secondly saying you lease as otherwise you\u2019re tying up capital stupidly is incorrect. It depends on what your marginal cost of capital vs that of companies leasing. When you lease you also compensate the lessor for its cost of capital. If your cost of capital is less than that of the lessor then you would be stupid to get the lease. You would be better off paying the 250mln out of pocket and borrowing it from the market yourself."}
{"_id": "457549", "title": "", "text": "\"I appreciate the detailed responses, truthfully however I feel like at least half of your points are either just argumentative for its sake alone, display a deep lack of understanding of unions, collective bargaining, and the histories of both, or ignore pragmatism and cling to an uncompromising and ultimately self-defeating ideology.  &gt; Collective bargaining is an ambiguous term that could refer to many concepts. There is voluntarily agreed to collective bargaining, which has nothing wrong with it, and then there are laws that FORCE the employer to collectively bargain with a union if a union requests it, which is a mandate and violates the employer's contract liberty.  The law forces the two parties to sit at a table. The law forces the two parties to discuss a few core things, like wages. The law *doesn't* force anyone to agree to anything, and very often they don't. I don't see how this is a violation of anyone's \"\"contract liberty\"\" (a term I've actually never heard before). The idea is since these worker-employer disputes exist naturally, making them at least sit at a table together and talking is helpful in avoiding ego and testosterone fueled disruptions where no one benefits. If this you see this as a violation of one's liberty, I really don't know what to say to that.   &gt; The prevalence of child labor was decreasing long before any law was created prohibiting it. Child labor is necessary in poor countries because people are far less productive per hour worked.   I'm not saying I don't believe you, but citation needed.  &gt; As productivity increases, parents can afford to send their children off to school instead of working, since their own work is enough to support the family.  Wouldn't educating children first lead to an increase in productivity? Also, what if the owners of the means of production, only a few in an given area, have incomes 100x greater than the workers? They seem to be producing enough wealth to support themselves, only they're not the beneficiaries. What's the solution here?  I understand that in a poor country child labor is seen as a necessity; however I think there is a moral issue when someone from a developed nation opens a factory in a third-world country with conditions that they would not want someone in their own family subjected to. Maybe these conditions are standard in the third-world country, but just because they're standard that doesn't mean the people there are happy with them.  &gt; In other words, no government mandate created due to union-pressure can possibly lead to beneficial change, since laws that limit people's economic rights, under the assumption that 51% knows what's better for the minority than they themselves do, generally do much more harm than good.     This is quite a leap. Problem is you always assume that a company is always paying workers as much as it can instead of having a net income that can absorb an uptick in overhead.   &gt; As history over the last century has shown, it's no hyperbole. Labor unions-backed regulations (soft-socialism) has succeeded in spite of the resistance of employers.  And you owe this to violence or the threat of violence? Citation needed.  &gt; Because unions have destroyed nearly every major industry where they had a natural tendency to form (large scale capital intensive manufacturing operations where large numbers of workers were concentrated in one place).  This is typical anti-union propaganda, and it's funny you pull it out since it ignores your own ideology. What interest would a union have in destroying the very industry it needs to exist? Answer: none. This is just a way for a business to deflect criticism when they want to outsource, killing US jobs just to increase their net income. Unions make concessions when they have to.  &gt; The force of government prevents companies from refusing to collectively bargain with a labor union. Threat of violence? Violent strikes? This is a straw-man if I've ever seen one. Who is threatening violence here? This existed before government laws were created that made legal threats on behalf of employees that want to keep unionized employees employed and force companies to collectively bargain with a union. Now of course the strikers themselves are not directly threatening violence, since they are backed by the force of government.  This is just showing a tremendous amount of ignorance regarding the way  things actually happen.  &gt; Collectively bargaining doesn't benefit workers in general. It benefits in the short-term, those workers who are employed and unionized, at the expense of long-term wage growth and employment opportunities for the unemployed and non-unionized employees.  I have no idea how one could come to this conclusion. I can only assume it  stems from the same old idea that employers are always paying out the most that they can afford.   I happen to have first-hand knowledge that it's false however - when my workplace unionized recently, one of around a dozen locations nationally and the only one to organize, the company responded by increasing wages and benefits to all locations. Have any locations closed? No. Has anyone been laid off? No. Is the company still mad profitable? Yes.\""}
{"_id": "457563", "title": "", "text": "What you are looking for is : Volatility http://en.wikipedia.org/wiki/Volatility_(finance) Normally you can't trade that directly per product, but a product like the VIX as a whole. Another option (sorry for the pun) is that certain option greeks deal with Volatility (vega I think?).  There are ways to value options to buy/sell against that options/products volatility  - but has some other side affects besides just pure trading of the Volatility.  You'll probably need a lot of Math and use of http://en.wikipedia.org/wiki/Black-Scholes to fully understand/trade on it though."}
{"_id": "457569", "title": "", "text": "Really the question you need to ask yourself is how much Risk you want to take in order to save a little on interest for 5 years. Rates are pretty close to a historic low, and if you have good credit you should shop around a bit to get a good ideal of what a 15 or 30 year fixed loan would go for. For people that are SURE they will be selling a property in a few years, a 5-yeah balloon, or ARM might not be a bad thing.  OTOH, if their plans change, or if you plan to stay in the property for longer (e.g. 10-15 years) then they have the potential to turn into a HUGE trap, and could have the effect of forcing you to sell your house.   The most likely people to fall into such a trap are those who are trying to buy more house than they can really afford and max out what they can pay using a lower rate and then later cannot afford the payments if anything happens that makes the rate go up.  Over the last three years we've seen a large number of foreclosures and short-sales taking place are because of people who fell into just this kind of trap..  I strongly advise you learn from their mistakes and do NOT follow in their footsetps  You need to consider what could happen in 5 years time.   Or if the economy takes off and/or the Fed is not careful with interest rates and money supply, we could see high inflation and high interest rates to go along with it.   The odds of rates being any lower in 5 years time is probably pretty low.  The odds of it being higher depends on who's crystal ball you look at.  I think most people would say that rates are likely to increase (and the disagreement is over just how much and how soon).  If you are forced to refinance in 5 years time, and the rates are higher, will you be able to make the payments, or will you potentially be forced out of the house? Perhaps into something much smaller.  What happens if the rates at that time are 9% and even an ARM is only 6%? Could you make the payments or would you be forced to sell?   Potentially you could end up paying out more in interest than if you had just gotten a simple fixed loan. Myself, I'd not take the risk.  For much of the last 40 years people would have sold off their children or body parts to get rates like we have today on a standard fixed loan.  I'd go for a standard fixed loan between 15 and 30 years duration.  If you want to pay extra principle to get it paid off earlier in order to feel more secure or just get out from under the debt, then do so (personally, I wouldn't bother, not at today's rates)"}
{"_id": "457583", "title": "", "text": "&gt; So... the only way airline companies can reduce their carbon tax is to buy new airplanes?  I was giving an example. Better weather forecasts that allow charting routes to avoid turbulence and headwinds could improve fuel consumption without new aircraft."}
{"_id": "457584", "title": "", "text": "\"The reason that UltraLong funds and the like are bad isn't because of the leverage ratio. It's because they're compounded daily, and the product of all the doubled daily returns is not mathematically equivalent to the double the long-term return. I'd consider providing big fancy equations using uppercase pi as the 'product of elements in a sequence' operator and other calculus fanciness, but that would be overkill, I don't think I can do TeX here, and I don't know the relevant TeX anyway. Anyway. From the economics theory perspective, the ideal leverage ratio is 1X - that is, unlevered, straight investment. Consider: Using leverage costs money. You know that, surely. If someone could borrow money at N% and invest at an expected N+X%, where X > 0, then they would. They would borrow all the money they could and buy all the S&P500 they could. But when they bought all that S&P500, they'd eventually run out of people who were willing to sell it for that cheap. That would mean the excess return would be smaller. Eventually you'd get to a point where the excess return is... zero? .... well, no, empirically, we can see that it's definitely not zero, and that in the real world that stocks do return more than bonds. Why?  Because stocks are riskier than bonds. The difference in expected return between an index like the S&P500 and a US Treasury bond is due to the relative riskiness of the S&P500, which isn't guaranteed by the US Government to return your principal. Any money that you make off of leverage comes from assuming some sort of a risk. Now, assuming risk can be a profitable thing to do, but there are also a lot of people out there with higher risk tolerance than you, like insurance companies and billionaires, so the market isn't exactly short of people willing to take risks, and you shouldn't expect the returns of \"\"assuming risk\"\" in the general case to be qualitatively awesome. Now, it's true that investing in an unlevered fashion is risky also. But that's not an excuse to go leveraged anyway; it's a reason to hold back. In fact, regular stocks are sufficiently risky that most people probably shouldn't be holding a 100% stock portfolio. They should be tempering that risk with bonds, instead, and increasing the size of their bond holdings over time. The appropriate time to use leverage is when you have information which limits your risk. You have done research, and have reason to believe that you understand the future of an individual stock/index better than the rest of the stock market does. You calculate that the potential for achieving returns with leverage outweighs the risks. Then you dump your money into the leveraged position. (In exchange for this, the market receives information about anticipated future returns of this instrument, because of the price movement which occurs as a result of someone putting his money where his mouth is.) If you're just looking to dump money into broad market indicies in a leveraged fashion, you're doing it wrong. There is no free money. (Ed. Which is not to say there's not money. There's lots of money. But if you go looking for the free kind, you won't find it, and may end up with money that you thought was free but was actually quite expensive.) Edit. Okay, so you don't like my answer. I'm not surprised. I'm giving you a real answer instead of a \"\"make free money\"\" answer. Okay. Here's your \"\"how to make free money\"\" answer. Assume you are using a constant leverage ratio over the length of time you've invested your money, and you don't get to just jump into and out of the market (that's market-timing, not leverage) so you have to stay invested. You're going to have a scenario which falls into one of these categories: The S&P500 historically rises over time. The average rate of return probably exceeds the average interest rate. So the ideal leverage ratio is infinite. Of course, this is a stupid answer in real life because you can't pull that off. Your risk tolerance is too low and you will have trouble finding a lender willing to lend you unsecured money, and you'll probably lose all your money in a crash sooner or later. Ultimately it's a stupid answer because you're asking the wrong question. You should probably ask a better question: \"\"when I use leverage to gain additional exposure to risk, am I being properly compensated for assuming that risk?\"\"\""}
{"_id": "457590", "title": "", "text": "Sweet, Baggy gangsta /urbanomically correct gear for everyone! Or you could get the reverse and end up with ultra tight village people/mardi gras parade. The troops will look either rough and ready Gangsta or Absolutely Fabulous, Either way it's going to be interesting."}
{"_id": "457611", "title": "", "text": "Here in the Philippines, the electricity is owned by single company and they charged a lot of other fees like transmission fee, loss in transmission, etc. i dont understand my bill, all i can see are the add ons to the original amount (i.e. Number of kwh x based rate). The rest of the fees are extra fee. I don't know how they do it, but we cant do anything, we want electricity so we pay. Maybe that ls just how the world is."}
{"_id": "457615", "title": "", "text": "\"Well, he better get cashin', then.  Because the bills are piling up.  https://www.law360.com/articles/942251/floyd-mayweather-lacks-cash-for-taxes-until-after-fight  &gt; Boxing champion Floyd Mayweather Jr. doesn\u2019t have enough cash on hand to meet his 2015 tax liability, according to a Tax Court petition asking for a reprieve until after an upcoming fight because his current assets, while \u201csubstantial,\u201d are \u201crestricted and primarily illiquid.\u201d   So maybe the McGregor check went straight to Uncle Samuel?  So the IRS cashed it, not Floyd?  I humbly suggest the new nickname:  Floyd ~~\"\"Money\"\"~~ \"\"Bank Drafts\"\" Mayweather.\""}
{"_id": "457634", "title": "", "text": "Generally, you have 60 days to return funds.   If you've been stowing away money in to a Roth IRA and an emergency strikes you pull out contributions sufficient to tackle the emergency while leaving at least the earnings in there.  You've never paid taxes on these earnings and the earnings will continue to grow tax free.   If you've been stowing away money in a vanilla taxable account and an emergency strikes you pull out whatever amount to tackle the emergency.  You've been paying taxes on the earnings all along but there's no paperwork. You can't replace the money in the Roth IRA (outside the 60 day limit except for some specific same year rules that you should iron out with your custodian) but you also haven't lost anything.  Either way in the event of an emergency the funds are removed from an account, but in one case you haven't been paying taxes on gains. IF you want to go the route of a Roth IRA wrapper for your emergency fund you shouldn't be touching the funds for small events, tires for your car and the like.  If your goal is to juice the tax free nature of the Roth IRA wrapper for as long as you can then repurpose the money for retirement if you never experienced an emergency with the understanding that you may have to gut the account in an emergency, that's fine.  If you expect money to routinely come in and out of the account a Roth IRA is a horrible vehicle."}
{"_id": "457637", "title": "", "text": "My uncle seen the writing on the wall a year or two ago. He retired early and got his pension out of the company. Apparently the pensions are invested back into the company so they don't only loose their job when the company fails."}
{"_id": "457659", "title": "", "text": "Yeah, this benefits the buyer who made an impulse purchase because they saw a celebrity wearing something similar and thought it was cool. Then a few weeks later it becomes another piece of discarded junk.   I think the free market can work, but this is not the way. There are a lot of external costs that nobody is paying for, especially all the waste associated with producing junk products like this."}
{"_id": "457667", "title": "", "text": "I've been budgeting with MS Money since 2004 and was pretty disappointed to hear it's being discontinued. Budgeting is actually a stress-relieving hobby for me, and I can be a bit of a control-freak when it comes to finances, so I decided to start early looking for a replacement rather than waiting until MS Money can no longer download transactions. Here are the pros and cons of the ones I've tried (updated 10/2010): You Need A Budget Pro (YNAB) - Based on the old envelopes system, YNAB has you allot money from each paycheck to a specific budget category (envelope). It encourages you to live on last money's income, and if you have trouble with overspending, that can be a great plan. Personally, I'm a big believer in the envelope concept, so that's the biggest pro I found. Also, it's a downloaded software, so once I've bought it (for about $50) it's mine, without forced upgrades as far as I've seen. The big con for me was that it does not automatically download transactions. I would have to sign on to each institution's website and manually download to the program. Also, coming from Money, I'm used to having features that YNAB doesn't offer, like the ability to store information about my accounts. Overall, it's forward-thinking and a good budgeting system, but will take some extra time to download transactions and isn't really a comprehensive management tool for all my financial needs. You can try it out with their free trial. Mint - This is a free online program. The free part was a major pro. It also looks pretty, if that's important to you. Updating is automatic, once you've got it all set up, so that's a pro. Mint's budgeting tools are so-so. Basically, you choose a category and tell it your limit. It yells at you (by text or email) when you cross the line, but doesn't seem to offer any other incentive to stay on budget.  When I first looked at Mint, it did not connect with my credit union, but it currently connects to all my banks and all but one of my student loan institutions.  Another recent improvement is that Mint now allows you to manually add transactions, including pending checks and cash transactions.  The cons for me are that it does not give me a good end-of-the-month report, doesn't allow me to enter details of my paychecks, and doesn't give me any cash-flow forecasting. Overall, Mint is a good casual, retrospective, free online tool, but doesn't allow for much planning ahead. Mvelopes - Here's another online option, but this one is subscription-based. Again, we find the old envelopes system, which I think is smart, so that's a pro for me. It's online, so it downloads transactions automatically, but also allows you to manually add transactions, so another pro. The big con on this one is the cost. Depending on how you far ahead you choose to pay (quarterly, yearly or biannually), you're paying $7.60 to $12 per month. They do offer a free trial for 14 days (plus another 14 days offered when you try to cancel). Another con is that they don't provide meaningful reports. Overall, a good concept, but not worth the cost for me. Quicken - I hadn't tried Quicken earlier because they don't offer a free trial, but after the last few fell short, I landed with Quicken 2009. Pro for Quicken, as an MS Money user is that it is remarkably similar in format and options. The registers and reports are nearly identical. One frustration I'd had with Money was that it was ridiculously slow at start-up, and after a year or so of entering data, Quicken is dragging. Con for Quicken, again as an MS Money user, is that it's budgeting is not as detailed as I would like.  Also, it does not download transactions smoothly now that my banks all ask security questions as part of sign-in.  I have to sign in to my bank's website and manually download.  Quicken 2011 is out now, but I haven't tried it yet.  Hopefully they've solved the problem of security questions.  Quicken 2011 promises an improved cash-flow forecast, which sounds promising, and was a feature of MS Money that I have very much missed.  Haven't decided yet if it's worth the $50 to upgrade to 2011."}
{"_id": "457684", "title": "", "text": "\"I haven't heard 30-year mortgages called unwise. As @jared said, the shorter terms often will be cheaper if you are going to pay off within that term anyway, but the extra cost of the 30 may still be justified because it gives you the \"\"safety net\"\" of being able to fall back to the lower payment if money gets tight. Cheap insurance if you might need that insurance. That wasn't something I was worried about, so I took a 20-year, later refinanced as 15-year, and got a slightly better rate by doing so. Consider how long you expect to own this house, and shop for the best deal you can find. Remember to figure points into the real cost the loan. There are calculators on many bank/credit-union websites that can help you do this comparison.\""}
{"_id": "457689", "title": "", "text": "\"Part of it was an Oops, but not all of it. There were reports that the sudden   drop was caused by a trader who   mistyped an order to sell a large   block of stock. The drop in that   stock's price was enough to trigger   \"\"sell\"\" orders across the market. Source: http://www.msnbc.msn.com/id/36983596/ns/business-stocks_and_economy/\""}
{"_id": "457701", "title": "", "text": "SEP IRA deduction goes to line 28 of your 1040, which is above the line (i.e.: pre-AGI). It should not be included in your taxable income (AGI) for Federal purposes."}
{"_id": "457702", "title": "", "text": "\"The Financial Consumer Agency of Canada (FCAC) has a page specifically about working with a financial planner or advisor. It's a good starting point if you are thinking about getting a financial professional to help you plan and manage your investments. In the \"\"Where To Look\"\" section on that page, FCAC refers to a handful of industry associations. I'll specifically highlight the Financial Planning Standards Council's \"\"Find a planner\"\" page, which can help you locate a Certified Financial Planner (CFP). Choose financial advice carefully.  Prefer certified professionals who charge a set fee for service over advisors who work on commission to push investment products.  Commission-based advice is seldom unbiased. MoneySense magazine published a listing last year for where to find a fee-only financial planner, calling it \"\"The most comprehensive listing of Canadian fee-only financial planners on the web\"\" \u2014 but do note the caveat (near the bottom of the page) that the individuals & firms have not been screened.  Do your own due diligence and check references.\""}
{"_id": "457729", "title": "", "text": "It's worth pointing out that a bulk of the bond market is institutional investors (read: large corporations and countries). For individuals, it's very easy to just put your cash in a checking account.  Checking accounts are insured and non-volatile.  But what happens when you're GE or Apple or Panama?   You can't just flop a couple billion dollars in to a Chase checking account and call it a day.  Although, you still need a safe place to store money that won't be terribly volatile.  GE can buy a billion dollars of treasury bonds.  Many companies need tremendous amounts of collateral on hand, amounts far in excess of the capacity of a checking account; those funds are stored in treasuries of some sort. Separately, a treasury bond is not a substitute investment for an S&P index fund.  For individuals they are two totally different investments with totally different characteristics.  The only reason an individual investor should compare the return of the S&P against the readily available yield of treasuries is to ensure the expected return of an equity investment can sufficiently pay for the additional risk."}
{"_id": "457735", "title": "", "text": "He's compensating for the underboarding of Menards and Home Depot (and every other lumber supplier in North America).  Overdelivering is his modus operandi. He's advertising as the Pope's nutsack, but clearly he's overshot and thrown in a little asshole too."}
{"_id": "457737", "title": "", "text": "I have a hard time swallowing this opinion from somebody who actually thinks startups can or should get into a contract with anybody stipulating continuing employment.  Nobody does that.  If that was done, any VC worth their salt would insist that it be undone before they got involved.  As for the rest of her article, I don't care for the venom but underneath theres a lot of stuff that's mostly true.  VCs have a set of motivations that you have to understand to be successful with them.  Those motivations are often at cross purposes with cofounders and almost certainly at cross purposes for general employees.  The problems start when startup folks don't understand the motivations.    Yes, you have to check your wallet and your fingers too whenever you deal with VCs but if you don't think that's the case with almost every deal you make, you are delusional."}
{"_id": "457770", "title": "", "text": "Oh ok I see what you are getting at with the misdirection angle. I was wondering if there was a deeper meaning. Like making it more expensive for other nation to borrow money would help in some way for the US to unload it\u2019s garbage?"}
{"_id": "457795", "title": "", "text": "The typical deal is you can put 10% of your gross pay into the ESPP. The purchase will occur on the last deposit date, usually a 6 month period, at a 15% discount to the market price.  So, the math is something like this: Your return if sold the day it's purchased is not 15%, it's 100/85 or 17.6%. Minor nitpick on my part, I suppose.  Also the return is not a 6 month return, as the weekly or bi-weekly deductions are the average between the oldest (6 mo) and the most recent (uh, zero time, maybe a week.) This is closer to 3 months. The annualized rate is actually pretty meaningless since you don't have 4 opportunities to achieve this return, it's important only if the cash flow hit causes you to borrow to support the ESPP purchases. The risk is whether the stock drops the 15% before you can execute the sell to take advantage of the gain.  Of course the return is gross, you need to net for taxes.  Edit to respond to comment below - When I said meaningless, I meant that you can't take the 17.6%, annualize it to 91.2% per year and think your $1000 will compound to $1912. It's as meaningless as when an investor gets a 10% gain on a stock in one day, and (with 250 trading days per year) decides his $1000 will be worth $2 quadrillion dollars after a year. The 17.6% is significant in that it's available twice per year, for a true 38% return over a year, but if borrowing to help the cash flow, that rate is really over 3 months."}
{"_id": "457800", "title": "", "text": "That tends to be the case with a lot of things I am seeing. Any changes seem to create short term recession with projections of long-term growth.  I would normally see that as a problem, because the reaction to the recession could effect the outcome post recession, but the LFPR trending downward is not a good sign for the economy as a whole. Eventually that portion would leave most markets, or welfare would have to increase, on the current trajectory.   I think encouraging non-income producing assets for wealth generation is a flawed system, personally. Whether I am right or wrong, I do not know. I think the Government, and subsequently the fed, should encourage income-producing assets for the wealth affect, or in the very least, not something as crucial as housing to the health of the consumer base."}
{"_id": "457805", "title": "", "text": "Delaware llc incorporation  When someone want to do some business, but the person want to have some extremely flexible business so that he can able to start up with low cost and with affordable franchise text they Delaware llc incorporation is a very good choice for doing so. It mainly help to customize the corporation and can also help to choose that option which user want to have."}
{"_id": "457811", "title": "", "text": "Mutual funds don't have intraday prices. They have net asset values which are calculated periodically (daily or weekly or any other period depending on the fund)."}
{"_id": "457847", "title": "", "text": "\"Budgeting is the key.  Saying that you need to eat out less and cook more is good, but ultimately difficult for some people, because it is very difficult to measure. How much eating out is too much? Instead, help him set up a monthly budget. Luckily, he's already got some built-in motivation: He's got a saving goal (trip) with a deadline. When you set up the budget, start here, figuring out how much per month he needs to save to meet his goal.  After you've put the saving goal and the fixed monthly bills into the budget, address what he has left. Put a small amount of money into a \"\"fast food\"\" category, and a larger amount into a \"\"grocery\"\" category. If he spends everything in his fast food budget and still has the desire to go out, he'll need to raid his grocery budget. And if that is depleted, he'll need to raid his vacation budget. By doing this, it will be made very clear to him that he must choose between going out and taking the trip.  In my opinion, using budgeting software makes the whole budgeting process easier. See this answer and this answer for more detailed recommendations on using software for budgeting.\""}
{"_id": "457851", "title": "", "text": "There's nothing stopping most of these people from renting or delaying moving out from their parents.   If you're broke but keep shopping at expensive grocers instead of minimizing your consumption so that you're able to eat the next day in case you get fired then it's your fault as well for not planning for it financially.   People over extended themselves and they need to start accepting part of the responsibility. Sometimes the only way to win the game is to not play.  See I can use shitty analogies too when I feel like it."}
{"_id": "457865", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/27/business/dealbook/libor-fca-banks-andrew-bailey.html) reduced by 82%. (I'm a bot) ***** &gt; The one-year Libor, which represents the rate of interest on a loan between banks to be paid back within a year, is the most commonly used index for mortgages in the United States, according to the Consumer Financial Protection Bureau.  &gt; &amp;quot;And while we have given our full support to encouraging panel banks to continue to contribute and maintaining Libor over recent years, we do not think markets can rely on Libor continuing to be available indefinitely.\"\"  &gt; Mr. Bailey said that the regulator had agreed with the panel banks to sustain Libor through 2021 to smooth a transition to new rates.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6r14fz/libor_brought_scandal_greatest_financial_scandal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~180937 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Libor**^#1 **rate**^#2 **bank**^#3 **over**^#4 **Financial**^#5\""}
{"_id": "457873", "title": "", "text": "One thing to keep in mind when calculating P/E on an index is that the E (earnings) can be very close to zero.  For example, if you had a stock trading at $100 and the earnings per share was $.01, this would result in a P/E of 10,000, which would dominate the P/E you calculate for the index.  Of course negative earnings also skew results. One way to get around this would be to calculate the average price of the index and the earnings per share of the index separately, and then divide the average price of the index by the average earnings per share of the index. Different sources calculate these numbers in different ways.  Some throw out negative P/Es (or earnings per share) and some don't.  Some calculate the price and earnings per share separate and some don't, etc... You'll need to understand how they are calculating the number in order to compare it to PEs of individual companies."}
{"_id": "457882", "title": "", "text": "Pineapple Flavored Gourmet Dietary Supplement Hemp Oil Infused Caribbean Edibles infused full spectrum hemp oil into all of our organic fruit-flavored products totally masking all of the original pomegranate hemp oil taste. Making it a delightful addition to your daily supplement intake. Every drop reminds you that amazing Caribbean trip with you loved ones."}
{"_id": "457883", "title": "", "text": "Even for those sites that do offer yields (i.e. not Kiva), there are much better ways to make money.  If you're not interested in it from a humanitarian standpoint then I would suggest you stay away from microlending.  Otherwise: Kiva is awesome.  I've lent through it for a couple years now and never lost any money, and they're helping a lot of people."}
{"_id": "457897", "title": "", "text": "Running a sandwich shop and, say, a software consulting service are quite different things.  I had two employees at one point, following the kind of thinking in the article.  But I found what that meant was that I had to spend more time being a manager and salesperson and much less time doing the work I enjoyed.  To make it viable I would have had to scale up to the point where I had at least one salesperson and maybe a manager, which would have required more income-producing staff to support them.  Instead, I scaled back to just myself, and have been very happy with that decision.  The article also underestimates what can be made in consulting or IT contracting.  Rates well above $100/hr are common for people with expertise (as opposed to commodity providers), and billing at least 40 hours a week is not usually a problem.  It's certainly true that a one-man operation is much more likely to put a ceiling on your earnings, but (a) that ceiling can be a lot higher than the article suggests, and (b) depending on the business, breaking that ceiling and earning much more is certainly possible in some businesses, for example where you have the opportunity to sell your work in product form rather than hourly."}
{"_id": "457903", "title": "", "text": "Big mouthed dickhead writing big mouthed childish rant.  Uber's a fucking running business, with operations in more than a 100 countries with huge penetration locally in all of them.  It's going to take more than its founder and a couple of investors quitting to take it down.  It's a system that is in place. Only if the investor money dries up, which I doubt it will in the next 10 years, it will only grow, and maybe it will become better with sexist/incompetent top level executives leaving the company."}
{"_id": "457917", "title": "", "text": "\"&gt; I will need to see sources, but actually they are claiming that it is on every stock, bond or derivative.   Let me know when you find a source for this claim.   &gt; That is clearly not the same as \"\"I didn't ask to be born\"\"  True, however only if you are taking action to change the condition that you are railing against. Just saying \"\"I didn't ask for to be born into this\"\" just rings hollow in my ears. Voting is definitely more productive. Running for office to push the ideas would do even more. Heading out to open land to make your society in your image would definitely prove your point, as long as it works.   &gt; I love how you assume that it takes a government to have a stable civilization.  I don't assume, we only have some 10,000 years of recorded history to provide some backup for the statement. And not saying that this form of government is perfect, we just have plenty of evidence that no government is less so.   &gt; The only infrastructure I truly need to trade stock now is my computer (made by a private business), my electricity (provided to me by another private business), and my internet connection.  That is not true. Lets go beyond the invention of internet. It exists, and it provides us with the ability to trade stock, so lets pretend that it always existed so, and ignore the billions of investment in infrastructure and R&amp;D it took to get her (on commercial as well as governments part). So, the inference that you made is all you need to trade is your computer, electricity, and the internet... all provided by commercial entities. No need for government.   Yes, and no. How long do you think that electricity would keep pumping if there was no one to regulate how much each district gets to pull? If there was no one to enforce pricing and payment? After all, if the electricity company cuts power to a house, and they just run out to the junction box and hot wire their own connection - who stops them? If there is no government, that how do we keep people paying? And when the electricity company decides that they  are going to artificially jack up prices (Enron style), who keep them based in reality? Do we just wait for a violent uprising?   &gt; However, \"\"statistics\"\" can't help us in this case.   True. Do you have any examples of innovation in highly unregulated markets? I still haven't seen or heard of what the \"\"ideal\"\" market would look like, just lots of rhetoric about the problems with this one.   &gt; There are a lot of examples like the f-35 fighter jet that cost American Taxpayers nearly $1.5 trillion.  That would be a corporation that won the right to build the next evolution of the fighter jet by under bidding the cost, and having all kinds of cost overruns. Not to mention scope creep from the customer - i.e. Yes, we want it to do everything we asked for in the RFP, but we also want it to cook coffee doing Mach 5. Keep in mind, that the F-35 was a partership between government and commercial, so not a very good example about how \"\"government is bad at stuff\"\" because commercial is also involved (granted also not a good example of how government is good at stuff - there is definitely lots of examples of pork in government).   And as for the $6.5 trillion, if I remember correctly it wasn't that it disappeared, it was that it wasn't recorded correctly. Much of that money is not actual money, it was double, triple, quadruple counted because the accounting error wasn't caught early. And there were thousands of people involved in this situation. But again, an example of how government isn't good at everything.   Course, I could always point to a topic near and dear to your heart, and talk about how a [single person caused a $16B selloff](http://www.cnbc.com/id/36999483). To put that in perspective, that is $16B caused by one person - much bigger than $25,000 per person. Or how a [single tweet erased $130B](http://business.time.com/2013/04/24/how-does-one-fake-tweet-cause-a-stock-market-crash/) in a days time. The markets are not exactly perfect either. Of course you could always say it is an example about how government is imperfect at regulating either - and we would both be right.   The ungoverned civil society is not a new topic, or approach. I just don't think I have seen any examples of one that succeeded. Mankind always seem to coalesce into some form of structure when presented with ungoverned chaos. What that structure looks like is not always good, and not always bad. I think how ours has formed is pretty good, although I do agree it could be better.\""}
{"_id": "457923", "title": "", "text": "It\u2019s funny, though, that, although those boomers got their jobs 40 years ago with just a bit of education (often not even a high-school diploma), nowadays, you need a master\u2019s degree to get them\u2026  And we know how much education is grossly overpriced nowadays, almost as if it was intended to keep the rabble out of good jobs."}
{"_id": "457937", "title": "", "text": "Money is fungible. The same dollars that went to subsidize health care for those employees could have been used to build about 1500 miles of new interstate highway, or 1000 schools.  This is nothing more than a decrease in walmart's tax rate."}
{"_id": "457941", "title": "", "text": "**Here's a sneak peek of /r/CryptoCurrency using the [top posts](https://np.reddit.com/r/CryptoCurrency/top/?sort=top&amp;t=year) of the year!**  \\#1: [Biggest Crypto Scam going on right now](https://np.reddit.com/r/CryptoCurrency/comments/6w7wzs/biggest_crypto_scam_going_on_right_now/)   \\#2: [Warning! This sub has some of the worst investing advice I've ever seen and is full of people who essentially won a billion dollars in the lottery, so now they think that makes them Warren Buffet.](https://np.reddit.com/r/CryptoCurrency/comments/6z6pa1/warning_this_sub_has_some_of_the_worst_investing/)   \\#3: [Amazon Petition to Accept Litecoin and Bitcoin Now Has Over 10,000 Signatures](https://moneymorning.com/2017/10/03/amazon-petition-to-accept-litecoin-and-bitcoin-now-has-over-10000-signatures/) | [326 comments](https://np.reddit.com/r/CryptoCurrency/comments/741zof/amazon_petition_to_accept_litecoin_and_bitcoin/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "457945", "title": "", "text": "Depends upon the debt cost. Assuming it is consumer debt or credit card debt, it is better to pay that off first, it is the best investment you can make. Let's say it is credit card debt. If you pay 18% interst and have for example a $1,000 amount. If you pay it off you save $180 in interest ($1,000 times 18%). You would have to earn 18% on 1,000 to generate $180  if it was in aninvestment. Here is a link discussing ways of reducing debt Once you have debt paid off you have the cashflow to begin building wealth. The key is in the cashflow."}
{"_id": "457956", "title": "", "text": "You have 3 companies now that you work with. I would start there. Ask one of them to show you what would happen if you bought the other two policies from them.  This may not be something that they will show via the quotes generated on the web page. So you would be better off talking to a person who can generate a quote with that additional information. Make sure that you are comparing exact matches for the limits and options for the policies. Once you have done that with the first then do the same for the other two. I would have to dig into my policy bills for life insurance, but I do know that the bills for the home and auto insurance do show exactly how much I am saving by having multiple polices."}
{"_id": "457968", "title": "", "text": "Under what section do I declare my profits when I pay tax? You have to declare this as income from other source and pay tax as per tax brackets. I'm from India and have been trading in binary options for a while now Trading in India on binary options is illegal. If you are using Forex from India for trading, this is not allowed as per Foreign Exchange Management Act."}
{"_id": "457978", "title": "", "text": "\"ConfirmedCynic, I also appreciate your opinion on this.    You're right, families need to be more tight with each other and support more. There are plenty of families living together just to make ends meet. And it really sucks that college grads have to go live at home because they can't get a job with their degree or making shit for money.   I don't know what you mean by \"\"serf\"\" (sorry for the ignorance) but I get the point.  Anyone can build up a cash fund of some sort even if you make little money.  It's all about priorities and willingness to work your ass off for what you want.    Like I told the person above who commented, if you'd like to connect on social media and learn more about this topic, let me know and I'll give you my details.  Have an awesome day!   William\""}
{"_id": "457989", "title": "", "text": "\"In answering your question as it's written: I don't think you're really \"\"missing\"\" something. Different banks offer different rates. Online banks, or eBanking solutions, such as CapitalOne, Ally, Barclays, etc., typically offer higher interest rates on basic savings accounts.  There are differences between Money Market accounts and Standard Savings accounts, but primarily it comes down to how you can access your cash. This may vary based on bank, but Ally has a decent blurb about it: Regular savings accounts are easy to open and, when you choose an   online bank like Ally Bank, you tend to get interest rates that are   more competitive than brick-and-mortar counterparts, according to   Bankrate.com. Additionally, as a member of the FDIC, Ally Bank gives   you peace of mind knowing that the money in your Ally Bank Online   Savings Account is insured to the maximum allowed by the law.  Money market accounts are easy to open, too. And again, online banks may   offer better rates than traditional banks. Generally, you have a bit   more flexibility of access with a money market account than you do   with a savings account. You can access funds in your Ally Bank Money   Market Account through electronic fund transfers, checks, debit cards   and ATM withdrawals. With savings accounts, your access is limited to   electronic funds transfers or telephone withdrawals (and in-person   withdrawals at traditional banks). Both types of accounts are subject   to federal transaction limits. Here's a bit more information about a Money Market Account and why the rate might be a little bit higher (from thesimpledollar.com): A money market deposit account is a bit different. The restrictions on   what a bank can do with that money are somewhat looser \u2013 they can   often invest that money in things such as treasury notes, certificates   of deposit, municipal bonds, and so on in addition to the tight   restrictions of a normal savings accounts. In other words, the bank   can take your money and invest it in other investments that are very   safe. Now outside of your question, if you have $100K that you want to earn interest on, I'd suggest looking at options with higher rates of return rather than a basic savings account which will top out around 1% or so. What you do with that money is dependent on how quickly you need access to it, and there are a lot of Q&A's on this site that cover suggestions.\""}
{"_id": "457994", "title": "", "text": "I think it's only a choice of terminology.  Typically with a money market account has check-writing privileges whereas a savings account does not. In terms of rates, this blog has a good list of high interest yield savings accounts. http://www.hustlermoneyblog.com/best-bank-rates/ Disclosure: I am not affiliated with this blog.  I just think it is a good resource to compare the rates across different banks."}
{"_id": "457998", "title": "", "text": "Congrats! :) And yes, I have never personally seen a rich person criticize RDPD - they know the book is solid, and plus they're too busy enjoying their success. On the other hand, someone who failed now has plenty of free time and an incentive to point fingers at others. Little do they know that if they spent less time complaining and criticizing and more time trying to succeed over and over and over, eventually they too would become too successful to waste their time blaming others. :-)"}
{"_id": "458029", "title": "", "text": "When you want the transaction to be concluded in the current year vs an expiration in the next year."}
{"_id": "458037", "title": "", "text": "Well you can fudge the figures all you like, the fact is the Fed grew its book from US $800 billion to US [$4.5 Trillion](http://www.econdataus.com/fedbal.png)  This money has remained tied up between the Banks and the Fed and none of it has come to increase liquidity in the real economy. There has been no growth in wages, jobs, purchasing power.  This 4.5 trillion is funny money that has benefited the few on paper and had no impact on the real economy or addressed structural and systemic issues in the financial system. It has simply been used to show the banks as solvent and capitally adequate against an unlimited credit line from the Fed and the Fed is getting ready to pump all that bad shit back into the economy.  People don't have money . .thats why there is no inflation"}
{"_id": "458047", "title": "", "text": "Indeed the IRS publication references the 3-6 year time span. And no limit for fraud.  But. I get a notice that some stock I owned 10 years ago has a settlement pending, and the records of this stock purchase and sale would potentially get me back some money.  I get my Social Security statement (the one they stopped sending, but this was before then) and I see the 1995 income shows zero.  Both of these were easily resolved with my returns going all the way back, and my brokerage statement as well. For the brokerage, I recently started downloading all statements as PDFs, and storing a copy away from home. Less concerned about the bank statements as I've never had an issue where I'd need them."}
{"_id": "458063", "title": "", "text": "\"No, you cannot. ISO are given to you in your capacity as an employee (that's why it is \"\"qualified\"\"), while your IRA is not an employee. You cannot transfer property to the IRA, so you cannot transfer them to the IRA once you paid for them as well. This is different from non-qualified stock options (discussed in this question), which I believe technically can be granted to IRA. But as Joe suggests in his answer there - there may be self-dealing issues and you better talk to a licensed tax adviser (EA/CPA licensed in your State) if this is something you're considering to do.\""}
{"_id": "458071", "title": "", "text": "The result of incorporates by our mastery and solutions that will give you and your staff more noteworthy control of and access to all the required information, boosting efficiency and benefits. As a global coordinated organization Mina mar group, we can serve you NQ consulting, small cap company consulting, go public consultant, take company public consultant with a committed and enthusiastic global enterprise team which is frequently going the additional mile and is offering shape to new thoughts all to empower you to accomplish your own particular objectives."}
{"_id": "458079", "title": "", "text": "S-Corp income is passed through to owners and is taxed on their 1040 as ordinary income. If you take a wage (pay FICA) and then take additional distributions these are not subject to FICA.  A lot of business owners will buy up supplies/ necessary expenses right before the end of the tax year to lower their tax liability."}
{"_id": "458080", "title": "", "text": "\"Not to mention that what they were doing was \"\"the right way to do it\"\" for many decades. It was simply seen as the norm that you would have a job, take part of your savings, and put that into a 401k, because it was the only way to really provide for a safe future.  So...that's what we did. Oops.  The other big difference between Gen X and the surrounding generations, in regards to retirement, is Social Security. The Baby Boomers will have Social Security for most of the rest of their lives; it's funded, and it won't be a problem. Millenials have mostly come of age knowing that's a joke. Gen X, on the other hand, grew up and worked at least part of their lives under the assumption that Social Security, while having problems, would at least provide some help. However, with the way the economy and government is going, it's very possible that won't be a guarantee without major adjustments (decreased payout, increased retirement age, etc), so they're going to be taking it there as well.  That's not even to get started on the mortgage situation. For a lot of us X'ers, we bought homes near or at the top of the bubble, again, because everyone was telling our generation that we were foolish for renting; \"\"Why, with the tax incentives in place and the way housing prices have been rising the last 20 years, you're just throwing your money away by renting!\"\" So again, the Baby Boomers enjoyed 20-30 years of rising home prices, giving them a chance to build up a lot of equity and refinance at lower and lower rates; the millenials, again, were shielded simply by not being at the point in their lives where it would be a problem. Once again, it's Gen X that was just trying to do what they had observed as working their entire life.  I think Generation X will rise out of everything that has happened much wiser. Most of us have been through enough at this point that I think we're beginning to become very untrusting of \"\"the way things are\"\", and that will have heavy ramifications as the reigns of power fall from the Boomers to the X'ers.  May you live in interesting times...\""}
{"_id": "458089", "title": "", "text": "\"I have an Asus T100. It's the same basic idea (10\"\", full Win 8.1, detachable keyboard) but less powerful and the build quality isn't quite as nice. However it comes with an Office license, the keyboard dock (which I like better than the Surface options), is completely fanless, and only $300-$400.  You're right about the idea of the Surface Pro being a winner.  I have zero interest in purchasing a regular laptop again after using this. It also gets much more use than any tablet that I ever tried and gave up on, both iPads and Android. I've got tablet and complete desktop functionality on one device. I love it.\""}
{"_id": "458090", "title": "", "text": "If Paywalls were without ads, I would pay.  They want me to pay for contents, and, on top of that, I have to fight ads?   I can only understand PayWalls if they claim their ONLY income is from what you pay for the contents.  In the past, people paid to get their favorite papers. Yes, papers had ads, but totally not obstructive."}
{"_id": "458127", "title": "", "text": "I think it's a stupid and unfair practice too. But the above justification is the one that comes closest to making sense. It's not meant to test whether you abuse drugs, it's meant to test your judgment and motivation. If you can't stop smoking pot while looking for a job, either you don't really want the job, or you lack the ability to make intelligent decisions. Either one indicates you're probably not a good job candidate.   Also, if it *does* catch someone with cocaine or other drugs in their system, then it's likely they have a real drug problem, since the candidate usually has at least a few days' notice that they will be tested, and they apparently found it difficult to stop for even that long."}
{"_id": "458130", "title": "", "text": "\"Most companies get taken over eventually. More to the point, ANY company with a public float over 50 percent that's large and viable enough to fall on people's radar screens will get taken over if its stock price is \"\"too low\"\" relative to its long term prospects.  It is the possibility of a takeover, as much as anything else, that bolsters the stock prices of many companies, particularly those that don't pay dividends. In essence, the takeover price is just one large liquidating \"\"dividend.\"\"\""}
{"_id": "458168", "title": "", "text": "\"A well diversified retirement portfolio is going to have some component in cash or near-liquid investments. So I tend to put it all in one place knowing that I can draw on it (at least from the ROTH account) in the event of an emergency.  Obviously, you don't want to do this very often, but hopefully emergencies don't happen often either. You also have to attenuate your idea of an emergency so that it doesn't mean \"\"I didn't get a bonus check this year and can't afford gifts for the kids as nice as last year!\"\"\""}
{"_id": "458181", "title": "", "text": "Any such amount has to be reported by Skrill and the Bank to RBI. As long as your earnings are legitimate and you are paying the taxes you shouldn't be worried. If its for services rendered, you would have a contract and / or invoice ... ie some paper work. It is important to keep the paper work in order."}
{"_id": "458183", "title": "", "text": "Here would be the general steps to my mind for creating such a plan: Write out the final desired outcome. Is it $x in y years to fund your retirement? Is it $a in b years to put as a house down payment? This is the first step in defining how much money you want at what point in time. Consider what is your risk tolerance and how much time do you plan on spending in this plan. Is it rebalancing once a quarter and that's it or do you plan on doing monthly research and making tweaks all the time? This is slightly different from the first where one has to be mindful of how much volatility would one handle and what time commitment does one have for an investing strategy. Also, how much money would you be adding to the investments on what kind of time table would also be worth noting here. Construct the asset allocation based on the previous two steps along with historical returns averaged out to be a first draft of what you are buying in general. Is it US stocks? Is it a short-term bond fund? There are more than a few choices here that may make sense and it is worth considering based on the first couple of responses that determine what this will look like. Retirement in 40 years may be quite different than a house down payment in 2 years for example. Determine what brokerages or fund companies would offer such funds along with what types of accounts you'd want to have as in some countries there may be tax-advantaged accounts that may be useful to use here. This is where you're almost ready to start by doing the homework of figuring out how will things work. This may vary depending on one's jurisdiction. Get the applications from whatever institutions you'll be using and run with the desired asset allocation across various funds and accounts. Note that in the first few steps there were points of being aware of how much would you have, how aggressive are you investing and so forth. This is where you actually send in the money and get things rolling. Run with the plan and make tweaks as needed to achieve result, hopefully desired or better."}
{"_id": "458204", "title": "", "text": "i don't get it, if there is such a demand for these fucking cars, find a way to make more of them so we can hire more people and make more stuff in the US.....my friend had to wait a year and half to get his..."}
{"_id": "458229", "title": "", "text": "\"Reddit has what is informally called the \"\"1 in 10\"\" rule. That is, it's generally considered OK to submit your own material or material you are promoting as 1 in every 10 submissions. Accounts that only submit for commercial reasons are likely to get labeled spam and possibly deleted.  More definitions of what is considered spam on Reddit can be found [here](http://www.reddit.com/help/faq#Whatconstitutesspam).\""}
{"_id": "458230", "title": "", "text": "\"&gt;the market will start to target  You think of the market as a predator, there's your problem. \"\"The Market\"\" is not some mythological beast hunting for countries.  If Greece doesn't honor its commitments it doesn't mean Portugal or Spain will be unable to enact austerity measures themselves to pay their own debts.\""}
{"_id": "458231", "title": "", "text": "Instead of SSN, foreign person should get a ITIN from the IRS. Instead of W9 a foreigner should fill W8-BEN. Foreigner might also be required to file 1040NR/NR-EZ tax report, and depending on tax treaties also be liable for US taxes."}
{"_id": "458234", "title": "", "text": "Athens can't spend most of the bailout money it gets on helping its people. Most of the money it gets is required to go right back to international lenders, like the IMF, that have loaned the nation money. If you see a problem in this approach, then you clearly have what it takes to be head of an international finance organization. Christine Lagarde has been the IMF's managing director for 15 months and apparently just noticed it."}
{"_id": "458235", "title": "", "text": "Sounds like a poorly written piece at best... The way you make money with a mortgage, if you're careful and/or lucky and/or patient, is to use that loan to make leveraged investments. If the return on the investments is higher than the interest on the loan, you win. Of course if the investments don't do well you can lose money on this deal... but at current interest rates it isn't that hard to make a profit on this arrangement, especially if you can get the tax deductability helping you."}
{"_id": "458244", "title": "", "text": "\"'Buy and Hold' Is Still a Winner: An investor who used index funds and stayed the course could have earned satisfactory returns even during the first decade of the 21st century. by By Burton G. Malkiel in The Wall Street Journal on November 18, 2010: \"\"The other useful technique is \"\"rebalancing,\"\" keeping the portfolio asset allocation consistent with the investor's risk tolerance. For example, suppose an investor was most comfortable choosing an initial allocation of 60% equities, 40% bonds. As stock and bond prices change, these proportions will change as well. Rebalancing involves selling some of the asset class whose share is above the desired allocation and putting the money into the other asset class. From 1996 through 1999, annually rebalancing such a portfolio improved its return by 1 and 1/3 percentage points per year versus a strategy of making no changes.\"\" Mr. Malkiel is a professor of economics at Princeton University. This op-ed was adapted from the upcoming 10th edition of his book \"\"A Random Walk Down Wall Street,\"\" out in December by W.W. Norton. http://online.wsj.com/article/SB10001424052748703848204575608623469465624.html\""}
{"_id": "458256", "title": "", "text": "\"&gt; The Washington Examiner   &gt; Freedom Works  OK bud. I'm sure these are entirely non-biased pieces of first-class journalism. Especially with titles like that.  &gt; President Obama has been spending a lot of time with the 1 percent lately, trying to get them to pony up to keep Democrats from losing control of Congress in November.  The horror that someone would *spend time* with rich people. That fucking monster. Let's just elect one of them instead. WTF is even the accusation here?  &gt; On Wednesday, Obama was in Cambridge, Mass., for a \"\"roundtable discussion\"\" with about 25 supporters who paid $32,400 each for the opportunity, followed by a Democratic National Committee fundraiser in Boston where the tickets started at $5,000 a pop.  And? Doesn't demand justify price? If people bought tickets, then obviously those people thought that was a fair price. Is this not the free market at work that capitalists should like? Is that not the same as doubling Mara Lago membership rates after the election? Should the tickets to this discussion have been $5 just because or something? If I want to meet one-on-one with Mr. Trump, I'm going to have that opportunity without ponying up serious cash? Puh-lease.  &gt; The Democrats like to complain about the \"\"evil\"\" Koch brothers, one of whom, David, recently donated $35 million to the Smithsonian's National Museum of Natural History to build a new hall for its collection of dinosaurs. That's the largest single donation ever to the publicly-administered museum and nearly twice the $18 million both brothers have spent on federal elections since 1989.  wtf is this non-sequitur about the Smithsonian? Is Journalism at the Washington Examiner just throwing in random bullshit?  &gt; On the list of top political donors compiled by OpenSecrets.org, the Koch brothers rank only 59th. Meanwhile, the top 10 list is dominated by unions and corporations which benefit from handouts and special favors from government (which really means you, the taxpayer) and give overwhelmingly to the party that keeps them coming, the Democrats.  Yeah, no shit this election cycle when the GOP nominated a reality TV star. In the last election cycle, according to OpenSecrets, that was not the case. The majority of campaign donations by corporations went to Republicans. So instead of \"\"crony capitalism\"\", the Washington Examiner should look at the real cause, the embarrassment to the Republican party.\""}
{"_id": "458280", "title": "", "text": "I'm not disputing whether IB is good to start. I'm disputing that anything going through them is 'low latency.' 50-100ms is a lifetime against high frequency traders. Also, if you're co-locating w/ them and using a direct feed and still getting that latency you're getting ripped off. It should take 100ms *for a message to travel between Chicago and NY*, let alone between your computer and the exchange one at the same colo."}
{"_id": "458282", "title": "", "text": "\"She didn't know that having sex can lead to kids? I mean, you'd think she might have at least pieced it together after the first one.  At what point do people's bad decisions stop being society's burden to bear?  If I decide to take on insurmountable debt because I don't know any better, should everyone else be forced to pick up the tab?  That may sound heartless, but it's not. A $15/hr minimum wage would ruin our economy and cause a lot more suffering and homelessness.  Just because we want to help people (and I do feel bad for her), if we put policies in place that will ruin everyone, we don't get off the hook just by blaming it on other factors or because \"\"we didn't see it coming\"\".   In a way, making bad policy decisions that will fuck up our entire country is kind of a large scale version of what Fran and many others have done to their own life.\""}
{"_id": "458288", "title": "", "text": "\"Agency is restricted by real life geographic and financial opportunities. Credit and finance is a very important consideration, which influences ability to obtain current and future opportunities. If you grow up in a good desert, for instance, you'll likely have poorer health and very likely poorer education and development. If you have to scrape by and save and are able to go to college or obtain am opportunity for funding for higher education, you have to balance your day to day costs which peers with better financing opportunities will not struggle with. You may encounter narrower networking opportunity from your name, class, relations, and probably fashion, style, cultural norms.  This \"\"free agency,\"\" is free only within the structural confines of your geographic and financial place.   https://www.theatlantic.com/notes/2015/11/are-food-deserts-to-blame-for-americas-poor-eating-habits-contd/415944/  http://www.nber.org/digest/sep03/w9873.html   https://www.google.com/amp/s/www.brookings.edu/blog/social-mobility-memos/2016/02/19/a-college-degree-is-worth-less-if-you-are-raised-poor/amp/   https://www.theatlantic.com/business/archive/2017/06/the-hoarding-of-the-american-dream/530481/   https://www.google.com/amp/www.newyorker.com/business/currency/the-high-cost-for-the-poor-of-using-a-bank/amp\""}
{"_id": "458309", "title": "", "text": "I don't think Nokia is in *that* bad a position. They're poised for a comeback with Windows Phone 8.   If Nokia really gets in trouble, Microsoft is likely to prop them up or buy them outright so that the investment in WP8 isn't sunk. MSFT have indicated willingness to enter the non gaming or peripheral hardware market with the new Surface after HP failed to deliver on Slates.   Mobile Phones are just a logical next step. (They've partnered with Orange in France already - so are counting on Nokia to see that through)  It's not the handset market that's in trouble, it's the mobile provider market that is in trouble - people are moving to prepaid/PAYG and not upgrading every 2-3 years, this flows on to the handset market but doesn't signify trouble per se.   The smartphone market is a three way race, Microsoft (Nokia), Apple (Apple) and Google (Samsung + HTC, who aren't out of the game just yet in my opinion)  HTC have awesome low end phones and are a serious contender against 'dumb' phones when you include markets with low or no operator subsidies.   There's also emerging markets/developing countries where smartphones aren't even a consideration - there is a sizable overlooked market for dirt cheap phones that can just call and text, people who can't even get to power to charge their mobiles more than once a week. They're not as profitable, but if nobody else is servicing those markets there is plenty to be made simply in volume. It might not be profitable for 10, 20 companies to service those markets.. But one or two could do it and ignore smartphones completely. Although Vodafone already produces its own through Chinese suppliers, so it might be a market consumed by vertical integration instead."}
{"_id": "458312", "title": "", "text": "In general, you would have to be the age of majority (generally, 18) to take out a loan. Additionally, your credit rating must be sufficient for the bank or loan company to be comfortable loaning you money."}
{"_id": "458317", "title": "", "text": "&gt;Im suggesting if they break the law they go to jail, just like every one else  Actually above you were complaining about the monetary penalties, and said nothing about criminal penalties. Which is it? Hundreds of millions of dollars is hardly light fines.  As to going to jail, it depends on the law. Speeding breaks the law, yet it is not often a jailable offense. If *individuals* broke laws that result in jail time, they will likely be prosecuted and sent to jail. [The Justice Department and New York County Attorney General\u2019s Office, which together have handled the high-profile cases that Mazur criticized, said they will always bring criminal charges where evidence permits.](http://blogs.reuters.com/financial-regulatory-forum/2012/06/20/record-setting-bank-forfeiture-at-ing-ignites-debate-over-lack-of-banker-prosecutions/)"}
{"_id": "458324", "title": "", "text": "&gt;[**\u0417 \u0422\u041e\u041f \u041a\u0420\u0410\u041d\u0410 \u0411\u0418\u0422\u041a\u041e\u041d\u0410!\u0421\u0431\u043e\u0440 \u041a\u0410\u0416\u0414\u042b\u0415 5 \u041c\u0418\u041d\u0423\u0422!\u041b\u0443\u0447\u0448\u0438\u0435 \u0441\u0430\u0439\u0442\u044b \u0434\u043b\u044f \u0441\u0431\u043e\u0440\u0430 \u0441\u0430\u0442\u043e\u0448 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430!\u041a\u0430\u043a \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0431\u0438\u0442\u043a\u043e\u0438\u043d [3:32]**](http://youtu.be/OKK_5URg72w)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0438 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u0438 \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^3 ^views ^since ^Aug ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "458345", "title": "", "text": "Great answers. Here's my two cents: First, don't forget to look at the overall picture, not just the dividend. Study the company's income statement, balance sheet and cash flow statement for the last few years. Make sure they have good earnings potential, and are not carrying too much debt. I know it's dull, but it's better to miss an opportunity than to buy a turkey and watch the dividends and the share price tank. I went through this with BAC (Bank of America) a couple of years ago. They had a 38-year history of rising dividends when I bought them, and the yield was about 8%. Then the banking crisis happened and the dividend went from $2.56/share to $0.04, and the price fell from $40 to $5. (I stuck with it, continuing to buy at lower and lower prices, and eventually sold them all at $12 and managed to break even, but it was not a pleasant experience) Do your homework. :) Still, one of the most reliable ways to judge a company's dividend-paying ability is to look at its dividend history. Once a company has started paying a dividend there is a strong expectation from shareholders that these payments will continue, and the company's management will try very hard to maintain them. (Though sometimes this doesn't work out, e.g. BAC) You should see an uninterrupted stream of non-decreasing payments over a period of at least 5 years (this timeframe is just a rule of thumb). Well-established, profitable companies also tend to increase their dividends over time, which has the added benefit of pushing up their share price. So you're getting increasing dividends and capital gains. Next, look at the company's payout ratio over time, and the actual cost of the dividend. Can the projected earnings cover the dividend cost without going above the payout ratio? If not, then the dividend is likely to get reduced. In the case of CIM, the dividend history is short and erratic. The earnings are also all over the place, so it's hard to predict what will happen next year. The company is up to its eyeballs debt (current ratio is .2), and its earnings have dropped by 20% in the last quarter. They have lost money in two of the last three years, even though earning have jumped dramatically. This is a very young company, and in my opinion it is too early for them to be paying dividends. A very speculative stock, and you are more likely to make money from capital gains than dividends. AAE is a different story. They are profitable, and have a long dividend history, although the dividend was cut in half recently. This may be a good to buy them hoping the dividend comes back once the economy recovers. However, they are trading at over 40 times earnings, which seems expensive, considering their low profit margins. Before investing your money, invest in your education. :) Get some books on interpretation of financial staments, and learn how to read the numbers. It's sort of like looking at the codes in The Matrix, and seeing the blonde in the red dress (or whatever it was). Good luck!"}
{"_id": "458346", "title": "", "text": "A 50% company match on your 401(k) is a huge amount of free money. You'd have to absolutely crush the professional money managers to justify turning it down. If you can do that, you should quit your job and do it full-time."}
{"_id": "458361", "title": "", "text": "&gt; Only jerks use Safari  What sort of tiny, crazy world do you live in where you can condemn someone entirely for their choice of browser - particularly when you're talking about a fairly decent browser that's also the default for millions of computers?  Get a sense of perspective, FFS!  (Oh, and my browser (Chrome) and all mainstream browsers will report if they're being run on a Mac, so your comment also has nothing to do with the article...)"}
{"_id": "458366", "title": "", "text": "What a Novel(l) idea! Perhaps you can do it Mono a Mono with a Gnome!"}
{"_id": "458369", "title": "", "text": "This is great, thank you. Can you think of any cases where expected return is greater than interest payments (like in #2) but the best choice would still be raise money through equity issuing? My intuition tells me this may be possible for an expensive company."}
{"_id": "458370", "title": "", "text": "\"I work in wealth management now - so it deviates from what you are looking to do long term, but what about getting your series 7 or 65?   I'm 37 now, and before I started my own firm I got my 7/63 and worked for a big custodian to \"\"cut my teeth\"\" - which quite honestly was a glorified sales position, however it was invaluable for learning to \"\"speak the language\"\" for lack of a better term.   I don't have a CFA (which I know is very challenging), but I am a CFP and ChFC (also not easy) and have a MS in statistics and MBA in finance.   If you have any questions or wanted to do a mock interview I'd be glad to help.\""}
{"_id": "458374", "title": "", "text": "In addition to @mhoran_psprep answer, and inspired by @wayne's comment.  If the bank won't let you block automatic transfers between accounts, drop the bank like a hot potato They've utterly failed basic account security principles, and shouldn't be trusted with anyone's money. It's not the bank's money, and you're the only one that can authorize any kind of transfer out.  I limit possible losses through debit and credit cards very simply. I keep only a small amount on each (~$500), and manually transfer more on an as needed basis. Because there is no automatic transfers to these cards, I can't lose everything in the checking account, even temporarily."}
{"_id": "458376", "title": "", "text": "There would be a catastrophic collapse in the financial industry.   Not exaggerating. Every bank is a company that's technically held by another company, a bank holding company. Every investment firm typically has anywhere from dozens to thousands of separate little companies (depending on the size of the overall firm) that it uses to manage money and risk.  There's ways to try and solve agency problems and moral hazard problems in corporate governance, but disallowing corporations from creating wholly owned subsidiaries is not the way to do it."}
{"_id": "458377", "title": "", "text": "Exactly.  Stock is a liquid asset and is almost like cash.     By that reasoning, a Democratic Governor could threaten to permanently close down Trump properties due to labour, health and safety, and food safety laws and that is all OK because it does matter until the property is actually sold off when the lost is actualised.    Trump came into office as supposedly pro-business but this is third world style abuse.   Trump does not give one damn about protecting consumers from a supposed monopoly.   This is purely a political move."}
{"_id": "458385", "title": "", "text": "If you looking to change the way you dress up in summers, then go for linen vests for men\u2019s. These are the best alternative that you can try in summers. Breathable fiber that keeps you cool &amp; prevent sweat from damaging your looks all day long."}
{"_id": "458387", "title": "", "text": "If you are confused by how to choose a blogging platform, Silvrback can help you find the right one. With so many options to choose from it is natural to be a little confused.  With the right guidelines and criteria you can easily choose the right platform from a plethora of options."}
{"_id": "458390", "title": "", "text": "Forgot the /s  Not only do we have the same government, but also have large ALEC financial supporters right here in our state. We also have about 3 billion more debt, public jobs such as police and teachers fleeing the state, scrapped road maintenance, etc. etc."}
{"_id": "458396", "title": "", "text": "He's made a point for *his* line of work, not mine. My dad started my company and turned it into a one man, 40 hour a week, six figure operation before I took over. The only reason I want to hire is that I see an opportunity for expansion. I'll still work just as much."}
{"_id": "458406", "title": "", "text": "HTS Direct Limited is the company that you should go to if you\u2019re looking for top-quality lifting and moving equipment. HTS Direct Limited has been widely known because of their commitment to delivering exceptional products and services to all their clients. If you are interested to know more about this company and their offerings, log on to their website - www.htsdirect.com."}
{"_id": "458417", "title": "", "text": "try over in /r/personalfinance  Economics is about understanding the economy and how it works. Investing is about taking your money and putting it somewhere useful. They're related; but what you want probably isn't economy-wide advice, but specific individual options.  FYI, they'll recommend you get into some index fund to start; one that just tracks a big index like the Dow Jones, Nasdaq, or S&amp;P 500. These help diversify your risk and tend to offer good returns. But, a lot depends on what your personal situation entails, so head on over there and read their FAQ."}
{"_id": "458423", "title": "", "text": "\"It makes little sense from that perspective.  The owners are the \"\"very large\"\" consumers of public goods such as National defense, not the legal entity that the owners make in order to create wealth.    And you can't tax dividends any more than any other capital gains made within the corporation, otherwise the corporation would be stupid to ever disperse dividends instead of buying back shares.     Tax the rich their due share on the profits they made after investing, or just set up a progressive consumption tax that taxes the rich for what they spend.  I don't care.  Just don't over-tax people for doing things you actually want them to do, like re-invest.\""}
{"_id": "458427", "title": "", "text": "\"My answer is that when confronted with the obvious, the most common human reaction is to seek reasons for it, because things have to be right. They have to have a reason. We don't like it when things suck.  So when finding out that you are being ripped off every day of your life, your reaction is \"\"There must be a logical reason that perfectly explain why this is. After all, the world is fair, governments are working in our best interest and if they do it this way, they must have a very good reason for it.\"\" Sorry, but that not the case. You have the facts. You are just not looking at them. Economics, as a subject, is the proper management of resources and production. Now, forget the fancy theories, the elaborate nonsense about stocks and bonds and currencies and pay attention to the actual situation. On our planet, most people earn $2,000 per year. Clean water is not available for a very sizable percent of the world's population. Admittedly, 90% of the world's wealth is concentrated in the hands of the most wealthy 10%. A Chinese engineer earns a fraction of what a similarly qualified engineer earns in the States. Most people, even in rich countries, have a negative net value. They have mortgages that run for a third of their lifetimes, credit card debts, loans... do the balance. Most people are broke. Does this strike you as the logical result of a fair and balanced economic system?  Does this look like a random happenstance?  The dominant theory is \"\"It just happened, it's nobody's fault and nobody designed it that way and to think otherwise is very bad because it makes you a conspiracy theorist, and conspiracy theorists are nuts. You are not nuts are you?\"\" Look at the facts already in your possession. It didn't just happen.  The system is rigged. When a suit typing a few numbers in a computer can make more money in 5 minutes than an average Joe can make in 100 lifetimes of honest, productive work, you don't have a fair economic system, you have a scam machine.  When you look at a system as broken as the one we have, you shouldn't be asking yourself \"\"what makes this system right?\"\" What you should be asking yourself is more along the lines of \"\"Why is it broken? Who benefits? Why did congress turn its monetary policy over to the Federal reserve (a group of unelected and unaccountable individuals with strong ties in the banking industry) and does not even bother to conduct audits to know how your money is actually managed? This brilliant movie, Money as debt, points to a number of outrageous bugs in our economic system. Now, you can dream up reasons why the system should be the way it is and why it is an acceptable system. Or you can look at the fact and realize that there is NO JUSTIFICATION for an economic system that perform as badly as it does.  Back to basics. Money is supposed to represent production. It's in every basic textbook on the subject of economics. So, what should money creation be based on? Debt? No. Gold? No. Randomly printed by the government when they feel like it? No (although this could actually be better than the 2 previous suggestions) Money is supposed to represent production. Index money on production and you have a sound system. Why isn't it done that way? Why do you think that is?\""}
{"_id": "458431", "title": "", "text": "\"There are no dividends from S-Corp. There are distributions. Big difference. S-Corps fill form 1120S and schedule K-1 per shareholder. In the schedule all the income of your S-Corp will be assigned to various categories that you will later copy to your personal tax return as your personal income. It is not dividend income. The reason people prefer to take distributions from their S-Corps instead of salary is because you don't pay SE taxes on the distributions. That is also the reason why the IRS forces you to pay yourself a reasonable salary. But the tax rate on the income, all of it, is your regular income tax rate, unless the S-Corp income is categorized in a preferred category. The fact that its an S-Corp income doesn't, by itself, allow any preferential treatment. If you're learning the stuff as you go - you should probably get in touch with a tax professional to advise you. All the S-Corp income must be distributed. Its not a matter of \"\"avoiding paying the tax\"\", its the matter of \"\"you must do it\"\". Not a choice. My answer was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer (circ 230 disclaimer).\""}
{"_id": "458455", "title": "", "text": "\"GreenMatt - this is a good question, and a question I have asked about whether to invest in a Roth IRA, or a traditional IRA. This is my take on the picture, I'm not sure about your tax situation and how much you'd have to pay for each conversion you did, whether you have extra money to pay those taxes, etc. In my opinion I don't think it would be a good idea to use your 401(k) principal to pay taxes, but to have the extra money to pay these when rolling over so you don't lose any interest, especially since you're near the \"\"end\"\" of your \"\"snowball\"\" effect with interest in your retirement account. Here is a resource to consider. Also, another thing to consider that I don't really see much of on here is inflation. If you're going to be in the same tax bracket as you are now, and if whatever you're contributing to your 401(k) or traditional IRA is NOT bumping you down in the 15% bracket, then I would suggest doing a ROTH IRA. I say this because to me, when I retire, I would have rather paid my taxes throughout the years (I'm 23 and in 25% marginal tax bracket) in a ROTH IRA and pay nothing when I'm withdrawing in 30 years, factors people forget to consider are that the Cost of Living is going to be MUCH MUCH higher for me down the road, and the cost of sending a child to school is going to be much higher as well. Since your child is young, consider this site for the cost of a college education for your child. This is comparing the average cost of education for someone attending college in 2015 versus 2033 (a child born IN 2015). While this seems drastic, and there could be a lot of different things that happen by that time, it's a decent illustration. While the website provided certainly isn't validated by the DoE, I have read multiple articles about this, and they are all very similar. Again, other things could happen between now and your child's college career, but if college becomes \"\"free\"\" we're paying for it, and if it's not free and raises at historical rates you're paying for it. I also don't really want to comment on what is going to happen with taxes over the years, I'm not sure where you live (I'm in the U.S.), but IMO I believe they either A) won't change or B) will raise slightly. As far as SS goes, I think it's fair and definitely more than reasonable to not expect SS in retirement. I'm definitely not counting on it.\""}
{"_id": "458464", "title": "", "text": "Not at all. Some products were good value compared to previous historic prices. I bought an echo for \u00a379.99 (usually \u00a3149.99) and an echo dot as a gift for someone \u00a334.99 (usually \u00a350).  Then there were other products like coffee machines, microwaves, drills and some of those products had more than 50% discount.  If you were after a particular product and it happened to be on sale then you could have made a huge saving; far more than a competitor was offering."}
{"_id": "458475", "title": "", "text": "The real benefit of the 529 is the tax free growth, similar to a Roth IRA. 18-22 years of growth can add up, the investment doubling or tripling. In your situation, it's a year or two of growth. Interest rates are low, and I'd not recommend having this money investe in the market for just a year or two. With sub 1% interest rates in savings, it's up to you whether the effort is worth the money you'll save on your taxes."}
{"_id": "458476", "title": "", "text": "\"Nice try Amazon.  Logic is faulty here, \"\"The lower the price, the more books people will buy, and the more books people buy, the more they\u2019ll read.\"\" is false because it just means people will have more money when buying from an online retailer or megastore like Walmart.  It doesn't mean they will read more and quite possibly can read less due to the lag time of shipping.  I don't go to independent bookstore, I have a library that I fund through property taxes and it's already paid for.  I don't read anymore than I do because I don't have all the time in the world to read.\""}
{"_id": "458485", "title": "", "text": "\"This will happen automatically when you open an interest-bearing account with a bank.   You didn't think that banks just kept all that cash in a vault somewhere, did you?  That's not the way modern banking works.   Today (and for a long, long time) banks will keep only a small fraction of their deposits on hand (called the \"\"reserve\"\") to fund daily withdrawals and other operations.  The rest they routinely lend out to other customers, which is how they pay for their operations (someone has to pay all those tellers, branch managers, loan officers) and pay interest on your deposits, as well as a profit for their owners (it's not a charity service).  The fees charged for loan origination, as well as the difference between the loan interest rate and the deposit rate, make up the profit.   Banks rarely hold their own loans.  Instead, they will sell the loans in portfolios to investors, sometimes retaining servicing rights (they continue to collect the payments and pass them on) and sometimes not (the payments are now due to someone else).  This allows them to make more loans.   Banks may sometimes not have enough capital on hand.  In this case, they can make inter-bank loans to meet their short-term needs.  In some cases, they'll take those loans from a government central bank.  In the US, this is \"\"The Fed\"\", or the Federal Reserve Bank.   In the US, back around the late 1920's, and again in the 1980's some banks experienced a \"\"run\"\", or a situation where people lost confidence in the bank and wanted to withdraw their money.  This caused the bank to have insufficient funds to support the withdrawals, so not everyone got their money.  People panicked, and others wanted to take their money out, which caused the situation to snowball.  This is how many banks failed.  (In the '80s, it was savings-and-loans that failed - still a kind of \"\"bank\"\".)  Today, we have the FDIC (Federal Deposit Insurance Corporation) to protect depositors.  In the crashes in the early 2000's, many banks closed up one night and opened the next in a conservatorship, and then were literally doing business as a new bank without depositors (necessarily) even knowing.  This protected the consumers.  The bank (as a company) and its owners were not protected.\""}
{"_id": "458494", "title": "", "text": "\"I find those \"\"government checks\"\" arguments to be more appealing in theory than in reality.   Ultimately, it comes down to deciding who gets what... and who gets to be the decider.   Capitalism is far from perfect, but it decides who gets what through the individual, decentralized choices of everyone. Again, it's not perfect by any means, but it is dispersed - and everyone makes decisions for themselves, not for other people.   Government action decides who gets what through a highly indirect process of electing politicians, and decisions are made by a small group of people, who are under, practically speaking,  very little oversight or control. A few people make decisions for everyone else.   Government action is, despite all our desire and efforts to avoid this, necessarily subject to the same disparities in influence/control as the market ... It may come in different forms, and the consequences may manifest differently (often less readily apparent), but there is no avoiding the \"\"a few people have a lot more control than everyone else\"\" problem.   Governments are more prone to corruption because they trade the intangible currency of \"\"power\"\" in addition to money.   No matter how you go about doing so, it's always easier to counteract a private actor than a government (given roughly equivalent levels of influence, obviously).    I understand the desire for intervention, but I think we have a scary tendency to place far too much weight on good intentions, and far too little weight on consequences.   It's so easy to think things through in your head (I do often) and come up with a plan that could obviously work exactly as intended for everyone's benefit. In doing so, we forget that people aren't pawns to be guided through life for someone else's vision (or pursuit of utopia or anything else) . ... they have lives, desires, interests, plans of their own, and theirs are just as valid as yours or mine.   The reality is that you and I are probably far more similar than either of us would guess. But there are still huge differences - what we value, what we want to do next year, whether we want that promotion or want to get laid off so we can finally start our dream business, whether we want money for family vacations or medical bills.... so many differences that I couldn't ever fairly and accurately represent your interests without you actually telling me what they are.   That's just the 2 of us. There are 300 million people in the US - we can't comprehend even really knowing a thousand well enough to genuinely speak on their behalf.   In theory, big plans make everything better. In practice, they run into the reality that humans truly aren't pawns, and controlling 300 million people and predicting their responses/actions is way more difficult than it seems. Big plans often end up with real people - people who are just as deserving of opportunities and rights as everyone else - getting really hurt because some guy he doesn't know (and who doesn't know him) had an idea and the power to enforce it on everyone.   I'm not saying that all government interference is bad, of course, and I'm not saying it shouldn't happen.    Government interventions that are straightforward wealth transfers are probably less harmful to people ... like a tax on the rich to give hefty tax refunds to the poor, is more direct and less prone to causing unintentional harm then things like wage manipulations.\""}
{"_id": "458506", "title": "", "text": "If you're a bit into the loan, then they're probably hoping that you'll take longer to pay off the loan. Is there a fee for refinancing the loan?  If so, be sure to take that into account. A smart way to approach it (assuming that the fees are low or zero) would be to continue making the same payment you had been before the refinance.  Then you'll end your loan ahead of schedule.  (This assumes that there's no prepayment penalty.)"}
{"_id": "458507", "title": "", "text": "The article clearly states the tax dodging isn't more than an ancillary benefit. Who knows.  I do know Big Tobacco split their co's in half between domestic (US) and international operations due to the incredibly burdensome regulatory environment. It was holding back growth plans. There may be some of that here.  Or maybe BK doesn't want to file for bankruptcy for the umpteenth time this decade. This is a way to spread the debt around and stabilize."}
{"_id": "458514", "title": "", "text": "Uber clearly has massive issue internally so far as culture; while it's not as large of a problem as the obvious economic and labor issues of having a non-automated fleet, it's giving up a wicked stink that is causing talented employees to flee. That is a very difficult spiral to get out of.  I'm not sure what TK leaving does to stem that, but obviously I'm sure the decision is partly, if not mostly due to the tragedy involving his family. On that front, I wish him peace but on everything else, he's been behind the wheel (heh) of what appears to be a pretty toxic company, both in terms of culture and the balance sheet."}
{"_id": "458524", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.financeapprise.com/neel-kashkari-opposed-feds-decision-raising-interest-rates/) reduced by 65%. (I'm a bot) ***** &gt; Minneapolis Federal Reserve Chairman Neel Kashkari voiced opposition to the central bank&amp;#039;s decision to raise interest rates this week due to the latest weaker data on inflation.  &gt; &amp;quot;If we base our inflation prospects on this real data, we should not raise interest rates this week&amp;quot;, said Neel Kashkari, who has voted this year at the Federal Open Market Committee.  &gt; &amp;quot;In the 1970s, this belief led the Fed to keep interest rates too low, resulting in very high inflation. Today, this same belief can cause the Commission to repeatedly predict accelerating inflation, which is why we raise interest rates too fast and we continue to fail to reach our inflation target&amp;quot;, added he.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6i0ks3/neel_kashkari_opposed_feds_decision_on_raising/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147307 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **inflation**^#1 **interest**^#2 **rates**^#3 **Chairman**^#4 **raise**^#5\""}
{"_id": "458529", "title": "", "text": "\"Though @mehassee mentioned it in a comment, I would like to emphasize the point that the financial planner (CFP) you talked to said that he was a fiduciary.  A fiduciary has an obligation to act in your best interests.  According to uslegal.com, \"\"When one person does agree to act for another in a fiduciary relationship, the law forbids the fiduciary from acting in any manner adverse or contrary to the interests of the client, or from acting for his own benefit in relation to the subject matter\"\".  So, any of these Stack Exchange community members may or may not have your best interest at heart, but the financial advisor you talked to is obligated to. You have to decide for yourself, is it worth 1% of your investment to have someone legally obligated to have your best financial interest in mind, versus, for example, someone who might steer you to an overpriced insurance product in the guise of an investment, just so they can make a buck off of you?  Or versus wandering the internet trying to make sense of conflicting advice?  In my opinion, a fiduciary (registered CFP) is probably the best person to answer your questions.\""}
{"_id": "458535", "title": "", "text": "I think you have already outlined for yourself most of the pros and cons of each method of giving. It sounds to me like you have some desire to control how the money is spent, or at least reserve the right not to give it to a child who will waste it (according to your definition).  If you set up an UTMA/UGMA account, or just give the money directly each year as a birthday gift, you are surrendering control of the money. It's a gift and is no longer yours to direct.  If you set up a 529, you at least restrict the money to a particular, useful purpose. Moreover, if you retain ownership of the 529, you can take the money back, albeit with a tax penalty to yourself.  If you do hold a 529 in your name, but for a child's benefit, there are a couple of things to consider with respect to future financial aid (this is from recent experience--my in-laws have 529s for our children, both of whom are currently in college). A 529 not owned by the student or the student's parent is not reported as an asset (of the child or the parent) on the Free Application for Federal Student Aid (FAFSA). However, once such a 529 is used to pay college expenses, the amount of those payments does get reported on the following year's FAFSA, and counts as untaxed income for the purposes of figuring the Expected Family Contribution (EFC). Untaxed income is assessed towards the EFC at 50%. In contrast, parental assets are assessed at around 7%, if I recall correctly, and student assets at around 35%. Student-owned 529s are assessed at the rate of parental assets, which is an advantage. If the amount you will set aside is less than the cost of one year of college, you can avoid the disadvantage of the untaxed income assessment by just using the entire 529 for the final year of school, since there will be no FAFSA for the following year. It occurs to me that there is one other way you can give to them that you did not mention, and may make you more comfortable in terms of encouraging some positive behavior. Namely, save the money in a self-owned account, then, when they are old enough to get a job that provides a W-2 showing declared, earned income, you can use the savings to fund a Traditional or Roth IRA for them, up to the limit allowed each year, until the money you set aside is exhausted. The Roth is a better long-term savings vehicle, but the Traditional would carry bigger penalties for early withdrawal and would therefore be less tempting to draw on."}
{"_id": "458546", "title": "", "text": "If the share is listed on a stock exchange that creates liquidity and orderly sales with specialist market makers, such as the NYSE, there will always be a counterparty to trade with, though they will let the price rise or fall to meet other open interest.  On other exchanges, or in closely held or private equity scenarios, this is not necessarily the case (NASDAQ has market maker firms that maintain the bid-ask spread and can do the same thing with their own inventory as the specialists, but are not required to by the brokerage rules as the NYSE brokers are).  The NYSE has listing requirements of at least 1.1 million shares, so there will not be a case with only 100 shares on this exchange."}
{"_id": "458566", "title": "", "text": "I do find it 'acceptable.' The majority of people having to work hard to put food on the table is the natural state of the world. Consolidation of wealth and power is only natural in any human system. I don't know if you noticed or not, but the quality of life around here for the common man in the most recent century is better than any in history."}
{"_id": "458571", "title": "", "text": "Setting the goals earlier is an effective way to get success easily. As per Mitesh khatri, setting your target and working accordingly can be more successful rather moving randomly. Here in this post we will have a look on his yearly planning. Following this strategy will really work. Let's try it! https://www.miteshkhatri.com/my-goals-2016/"}
{"_id": "458572", "title": "", "text": "&gt; Slow Wage Growth Could Be Thanks to \u2018Sticky Wages\u2019  &gt; Of course, not all of the \u2018stickiness\u2019 in wages can be attributed to the normal functioning of the market.  It is always amusing to me when people think giving a name to an unknown is the same as explaining it."}
{"_id": "458581", "title": "", "text": "Question: Why are the mortgage rates so high in northern Alabama? We tried to get prequalified for a $130,000 home and was told our monthly payments would be $890/month. With some simple math (i have no financial knowledge of the situation), that puts our ending payout at over twice what the home is worth, at over $320,000! Why?"}
{"_id": "458586", "title": "", "text": "\"In the presence of a central bank, fractional reserve doesn't mean very much. In practice, the central bank bank supplies reserves, at some cost, in whatever quantity is demanded by the system. Reserves are just a cost of doing business for a bank, not something they'll run out of in any \"\"ponzi\"\" sense. I don't believe it's a case of people being duped.  I think sustainability is threatened not by fractional reserve and central banking but by the degree to which narrow banking has been mingled with more speculative finance.\""}
{"_id": "458620", "title": "", "text": "\"First of all, I have to recognize up front that my \"\"spending personality\"\" is frugal. I don't recreational shop, and I save a lot of my total income. Building a budget and sticking to it is difficult, especially for people who are closer to living paycheck to paycheck than I. Theoretically, it should be easy to stick to a budget by overestimating expenses, but for many people planning to spend more than necessary isn't a luxury available. That said, I have a system that works for me, maybe it can work for you. This system lets me see how much I have to spend, and close to optimally arranges assets. As you can see, this system relies on some pretty strong upfront planning and adherence to the plan. And what you might not realize is that you can deviate from the plan in two ways: by spending variations and by timing variations. Credit should really help with a lot of the timing variations; it takes a series of expenses and translates them into one lump payment every month.  As for spending variations, like spending 20 dollars for lunch when you only budgeted 5, it turns out this technique helps a lot. Some academic work suggests that spending with plastic is more likely to blow your budget than cash, unless you make detailed plans. But it sounds like your main problem is knowing whether you can afford to splurge. And the future minimum balance of your checking account can be your splurge number.\""}
{"_id": "458632", "title": "", "text": "\"I can't get over how many people explain these thngs like \"\"the boomers\"\" were some kind of conscious movement who collectively decided what and what not to do. \"\"They\"\" were people living life as dictated by the economic, political and sociological climate that they happened to be alive in. Speaking as a \"\"Millenial\"\", we need to stop trying to diagnose our own small slice of existence, stop whining about the incidental or circumstantial decisions that previous generations made that we can only possibly analyse with hindsight, and figure out if there's anything at all we can do to prevent the following generations from being completely fucked by our own inadvertent life choices.\""}
{"_id": "458635", "title": "", "text": "\"This page from the CRA website details the types of investments you can hold in a TFSA. You can hold individual shares, including ETFs, traded on any \"\"designated stock exchange\"\" in addition to the other types of investment you have listed.  Here is a list of designated stock exchanges provided by the Department of Finance.  As you can see, it includes pretty well every major stock exchange in the developed world. If your bank's TFSA only offers \"\"mutual funds, GICs and saving deposits\"\" then you need to open a TFSA with a different bank or a stock broking company with an execution only service that offers TFSA accounts.  Almost all of the big banks will do this.  I use Scotia iTrade, HSBC Invest Direct, and TD, though my TFSA's are all with HSBC currently.  You will simply provide them with details of your bank account in order to facilitate money transfers/TFSA contributions. Since purchasing foreign shares involves changing your Canadian dollars into a foreign currency, one thing to watch out for when purchasing foreign shares is the potential for high foreign exchange spreads.  They can be excessive in proportion to the investment being made.  My experience is that HSBC offers by far the best spreads on FX, but you need to exchange a minimum of $10,000 in order to obtain a decent spread (typically between 0.25% and 0.5%).  You may also wish to note that you can buy unhedged ETFs for the US and European markets on the Toronto exchange.  This means you are paying next to nothing on the spread, though you obviously are still carrying the currency risk.  For example, an unhedged S&P500 trades under the code ZSP (BMO unhedged) or XUS (iShares unhedged). In addition, it is important to consider that commissions for trades on foreign markets may be much higher than those on a Canadian exchange.  This is not always the case.  HSBC charge me a flat rate of $6.88 for both Toronto and New York trades, but for London they would charge up to 0.5% depending on the size of the trade.  Some foreign exchanges carry additional trading costs.  For example, London has a 0.5% stamp duty on purchases. EDIT One final thing worth mentioning is that, in my experience,  holding US securities means that you will be required to register with the US tax authorities and with those US exchanges upon which you are trading.  This just means fill out a number of different forms which will be provided by your stock broker. Exchange registrations can be done electronically, however US tax authority registration must be submitted in writing.  Dividends you receive will be net of US withholding taxes.  I am not aware of any capital gains reporting requirements to US authorities.\""}
{"_id": "458655", "title": "", "text": "\"Fascinating article that does a great job of explaining the significance of the decline in the labor force participation rate over time. Fewer \"\"able-bodied\"\" (don't know a better term for this) people working is an ominous signal on many fronts.\""}
{"_id": "458665", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-19/oil-s-slide-stalls-as-investors-weigh-stockpiles-against-libya) reduced by 70%. (I'm a bot) ***** &gt; The amount of oil stored in tankers reached a 2017 high of 111.9 million barrels earlier this month, according to Paris-based tracking company Kpler SAS. Oil has slipped below $45 a barrel as supplies in the U.S. remain plentiful and drillers continue to add rigs, raising concerns output cuts by the Organization of Petroleum Exporting Countries and allies including Russia won&amp;#039;t succeed in draining bloated stockpiles.  &gt; Crude stockpiles remain more than 100 million barrels above the five-year average, according to data from the EIA. American production has climbed to 9.33 million barrels a day through June 9, near the highest since August 2015.  &gt; Libya is pumping about 900,000 barrels a day, according to a person with direct knowledge of the matter, who asked not to be identified for lack of authority to speak to the media.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ietvj/oil_prices_are_tumbling_more_than_2_toward_43/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~148648 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **barrel**^#1 **percent**^#2 **August**^#3 **U.S.**^#4 **Oil**^#5\""}
{"_id": "458667", "title": "", "text": "Sherin Bual is a Certified Holistic Health Coach and Yoga Instructor in Houston. Contact SherinBual.com today. Sessions offered in person or via Skype remotely. She teaches you how to transform your life through yoga, breathing exercises, meditation techniques, and balanced nutrition."}
{"_id": "458702", "title": "", "text": "\"Trust me, the business model is pure Aldi and thus pure German. I mean that with respect, actually -- Germany has the lowest priced groceries in Western Europe thanks to Aldi and its competitors. Google \"\"Aldi business model\"\" and judge for yourself.\""}
{"_id": "458730", "title": "", "text": "I assume you are talking about a publicly traded company listed on a major stock exchange and the buyer resides in the US. (Private companies and non-US locations can change the rules really a lot.) The short answer is no, because the company does not own the stock, various investors do. Each investor has to make an individual decision to sell or not sell. But there are complications. If an entity buys more than about 10% of the company they have to file a declaration with the SEC. The limit can be higher if they file an assertion that they are buying it solely for investment and are not seeking control of the company. If they are seeking control of the company then more paperwork must be filed and if they want to buy the whole company they may be required to make a tender offer where they offer to buy any and all shares at a specific price. If the company being bought is a financial institution, then the buyer may have to declare as a bank holding company and more regulations apply. The company can advise shareholders not to take the tender offer, but they cannot forbid it. So the short answer is, below 10% and for investment purposes only, it is cash and carry: Whoever has the cash gets to carry the stock away. Above that various regulations and declarations apply, but the company still does not have the power prevent the purchase in most circumstances."}
{"_id": "458737", "title": "", "text": "Not at all. These CDOs on CMOs are all cash products. But you can have 100% loss in these deals, which would be unheard of in even a subprime CMO.   CDSs are derivatives anf have nothing in common with CDOs or CMOs. There aren't that many mortgage backed derivatives."}
{"_id": "458739", "title": "", "text": "It's really not comparable.  I love Wegmans, but it's not the same thing.  Wegmans is a nice grocery store.  Whole Foods is not a place you go for most groceries - it's a place you go for fresh meats/fish/etc, especially when looking for more unique things, and especially if you're picky about what you're getting.  And even if you want to deny all that, Wegmans has a small footprint, so it is irrelevant in most areas."}
{"_id": "458740", "title": "", "text": "Don't be too scared of investing in the market.  It has ups and downs, but over the long haul you make money in it.  You can't jump in and out, just consistently add money to investments that you 1) understand and 2) trust. When I say understand, what I mean is you can follow how the money is generated, either because a company sells products, a government promises to pay back the bond, or compounding interest makes sense.  You don't need to worry about the day to day details, but if you don't understand how the money is made, it isn't transparent enough and a danger could be afoot. Here are some basic rules I try (!) to follow The biggest trick is to invest what you can, and do so consistently.  You can build wealth by earning more and spending less.  I personally find spending less a lot easier, but earning more is pretty easy with some simple investment tools."}
{"_id": "458750", "title": "", "text": "\"Shady isn't quite the right word.  They know that most of their customers are going to quit soon after they begin -- as in \"\"before the end of January\"\" -- so they lock you in while you're motivated.  And of course they're going to make it difficult for you to quit. No choice but to read their contract, understand it completely, follow their rules, and meet their deadlines.  There's lots of freedom for them and lots of restrictions for you.  It's like this if you're not the one writing up the contract.   However ... do you have a YMCA around?  Our YMCA has an initiation fee, but beyond that it's month to month.  Most flexible gym membership I've heard of.  If you lapse for too long they'll make you pay another initiation fee to rejoin, but there's no penalty for canceling.  Not all Y's are like that, but check around to see.\""}
{"_id": "458755", "title": "", "text": "There are essentially three ways to do this:"}
{"_id": "458765", "title": "", "text": "The elders are a privileged class subject to tribute payments by the tribe.  You absolutely motherfucking do see them going to war and torturing each other. The people in the exact regions you mentioned commit some of the worst attrocities.  http://www.independent.co.uk/news/world/africa/thousands-massacred-as-two-tribes-go-to-war-in-south-sudan-6286342.html  https://en.m.wikipedia.org/wiki/Scalping  https://en.m.wikipedia.org/wiki/Shrunken_head  http://www.dailymail.co.uk/news/article-2396760/How-Comanche-Indians-butchered-babies-roasted-enemies-alive.html  https://answers.yahoo.com/question/index?qid=20071105165505AAriydv"}
{"_id": "458783", "title": "", "text": "I don't really consider algorithms a form of intelligence, as they are generally static in their outputs. AI would change the algorithm or would design a new one.  But I really don't know enough about this stuff, and I need to read up on it."}
{"_id": "458789", "title": "", "text": "The setup is a purchase of 200 shares at $40 with a cash deposit of $4000 and margin loan of $4000 which a year later grew to $4240. With a margin requirement of 30%, the loan can be 70% or a total stock value of $6057. 1) $30.29 2) -24.3% (The stock fell to $30.29 from $40) 3) -54.6% (Your $4000 fell to $1817)"}
{"_id": "458795", "title": "", "text": "My first reaction to this is that it'll strike generations differently.  I (25 years old) would be excited to have this done for the convenience.  My sister (30, married with a kid) said she would be scared of being tracked over the weekend or during off time, but would consider a bracelet form of the chip.  My dad and grandmother both simply said hell no."}
{"_id": "458828", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.newstatesman.com/politics/economy/2017/10/how-world-s-greatest-financial-experiment-enriched-rich) reduced by 97%. (I'm a bot) ***** &gt; In a little under a decade, central bank &amp;quot;Kitchens&amp;quot; in the US, Europe, the UK and Japan have inundated financial markets with more than $8trn using a system dubbed &amp;quot;Quantitative easing&amp;quot;.  &gt; David Blanchflower, an economics professor, sat on the Bank of England&amp;#039;s Monetary Policy Committee that introduced QE. &amp;quot;In 2008, we had to get borrowing rates down to save the economy. But how much money do you create to get interest rates down by a quarter of a percentage point? Is it &amp;pound;50bn or more? We had no idea of the amounts needed. It was a bit &amp;#039;suck it and see&amp;#039;,&amp;quot; he told me.  &gt; &amp;quot;The problem,&amp;quot; said Glenn Stevens in his final speech as Australia&amp;#039;s central bank governor, &amp;quot;Is that there is a limit to how much we can expect to achieve by relying on already indebted entities taking on more debt.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/755b2x/how_the_worlds_greatest_financial_experiment/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224617 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **bond**^#2 **more**^#3 **Central**^#4 **money**^#5\""}
{"_id": "458843", "title": "", "text": "The following advice assumes that you have a significant amount already in the account in cash equivalents. If you are only talking a few hundred bucks or so, then just jump in at the next dip (like today's). If you have a larger amount to move into equities, the safest approach is to gradually move it into investments over some period of time at regular intervals regardless of what is going on in the market. This mitigates the risk of investing it all into an fund that is peaking at the exact moment you buy.  So, for example, you might invest 20% of the total amount each month for 5 months to gradually get into the market. The larger the amount you are investing, the more you probably want to spread it out, but don't spread it out much further than a year or you are losing opportunity cost by leaving your money in cash-type investments with likely a very poor rate of return. This strategy is called dollar-cost averaging if you want to research it more."}
{"_id": "458851", "title": "", "text": "It would be better for you to sell yourself and pay capital gains tax than to transfer to your parents and pay the gift tax. Also, sham transfer (you transfer to your mother only so that she could sell and transfer back to you without you paying taxes) will be probably categorized as tax evasion, which is a criminal offense that could lead to your deportation. What the US should or should not claim you can take to your congressman, but the fact is that the US does claim tax on capital gains even if you bought the asset before becoming US tax resident, and that's the current law."}
{"_id": "458884", "title": "", "text": "What the automation mostly does is make short-term trading that much more difficult. Day trading is a zero-sum game, so if they win more, everyone else wins less.  Long term trading (years to decades) is a positive-sum game; the market as a whole tends to move upward for fairly obvious reasons (at its basis it's still investing, which in turn is based on lending, and as long as folks make fairly rational decisions about how much return they demand for their investment and the companies are mostly producing profits there will be a share of the profit coming back to the investors as dividends or increased share value or both. Day-to-day churn in individual stocks gets averaged out by diversification and time, and by the assumption that if you've waited that long you can wait a bit longer if necessary for jitters to settle out. Time periods between those will partake of some mix of the two."}
{"_id": "458892", "title": "", "text": "\"I agree. Presidents (and Congress) have very little control over the economy. And the economy plays a much larger role in year-over-year deficit changes than does appropriations. People should stop talking about whose in office when such a thing happens and relate it to the event itself. OP should have ended the headline with \"\"a 70 percent decline from the height of the Great Recession\"\" instead of attributing to the current President.\""}
{"_id": "458901", "title": "", "text": "\"If you look at the visuals of the video it's fairly clear that Keynes is presented as a misguided party-boy and Hayek as a \"\"boring\"\" but sober dude. The actual conversations surrounding the different theories are a lot more complicated and a lot less clear-cut on who is right.   Personal belief: The reality is that different crises are caused by different things and so we have the different macroeconomic theories. A model that captured every single possibility would be impossible to work so we instead have several different simplifications of reality and try to see which one is most applicable currently. Unfortunately people tend to pick one theory and try to bash it into every problem that arises. The same way that armies fight the last war, economists fight the last recession.\""}
{"_id": "458903", "title": "", "text": "There are many more issues at play here than just minimum wage. There is the fact the children aren't getting support from their father. There is the whole healthcare issue, which obviously needs addressing in the US. The is the issues with the education system that created someone with no discernible skills.   Minimum wage being inadequate is just one part of the problem."}
{"_id": "458907", "title": "", "text": "\"If you can't find anyone to lend you the shares, then you can't short. You can attempt to raise the interest rate at which you will borrow at, in order to entice others to lend you their shares. In practice, broadcasting this information is pretty convoluted. If there aren't any stocks for you to buy back, then you have to buy back at a higher price. As in, place a limit buy order higher and higher until someone decides to sell to you. This affects your profit. Regarding the public ledger: This functions different in different markets. United States stock markets have an evolving body of regulations to alleviate the exact concerns you detailed, but Canada's or Dubai's stock markets would have different provisions. You make the assumption that it is an efficient process, but it is not and it is indeed ripe for abuse. In US stocks, the public ledger has a 3 business day delay between showing change of ownership. Many times brokers and clearing firms and other market participants allow a customer to go short with fake shares, with the idea that they will find real shares within the 3 business day time period to cover the position. During the time period that there is no real shares hitting the market, this is called a \"\"naked short\"\". The only legal system that attempts to deter this practice is the \"\"fail to deliver\"\" (FTD) list. If someone fails to deliver, that means there is a short position active with fake shares for which no real shares have been borrowed against. Too many FTD's allow for a short selling restriction to be placed, meaning nobody else can be short, and existing short sellers may be forced to cover.\""}
{"_id": "458912", "title": "", "text": "We don't know what his 10 O&amp;G stocks are, if they're international companies, a war could move them in either direction. If they're North American, they could benefit from a positive price movement, but that also depends on the markets they sell into. A war doesn't guarantee all O&amp;G equities will rise."}
{"_id": "458915", "title": "", "text": "Its only a matter of time before Governments worldwide crack down on Bitcoin. Apart from using it for illicit purchases, money laundering or speculation based on its hard limited supply, what use does it have?   The transaction fees are much greater than other methods for small transactions, and its store of wealth is questionable given the vulnerability to hacking and volatility."}
{"_id": "458917", "title": "", "text": "\"I understand the answers addressing the question as asked. Yes, inheriting a 401(k) can be a convoluted process.  In general, it's best to transfer the account to an IRA after separation from the company to avoid the issues both of my esteemed colleagues have referenced.  Given the issue of \"\"allowed by not required\"\" the flexibility is greater once the account has been transferred to an IRA. With few exceptions, there's little reason to leave the account with the 401(k) after leaving that company.  (Note - I understand the original question as worded can mean the account holder passes while still working for the company. In that case, this wouldn't be an option.)\""}
{"_id": "458930", "title": "", "text": "Some proportion of the costs of a policy have little to no relationship to miles driven.  Think of costs of underwriting, and more especially sales/marketing/client acquisition costs (auto insurance isn't in the same league as non-term life insurance (where the commissions and other selling expenses typically exceed the first year's worth of premiums), but the funny TV ads and/or agent commissions aren't free), as well as general business overhead. Also, as noted by quid, some proportion of claim risk isn't correlated to distance covered (think theft, flood, fire, etc.). There are also differences in the miles that are likely to be driven by a non-commercial/vehicle-for-hire driver who puts 25k miles a year vs. one who puts 7k per year.  The former is generally going to be doing more driving at higher speeds on less-congested freeways while the latter will be doing more of their driving on crowded urban roads.  The former pattern generally has a lower expected value of claims both due to having fewer cars per road-mile, fewer intersections and driveways, and also having any given collision be more likely to result in a fatality (paralysis or other lifetime disability claims are generally going to exceed what the insurer would pay out on a fatality)."}
{"_id": "458933", "title": "", "text": "\"Yes, almost always. I trade some of the most illiquid single stock options, and I would be absolutely murdered if I didn't try to work orders between the bid/ask.  When I say illiquid, I mean almost non-existent: ~50 monthly contracts on ALL contracts for a given underlying.  Spreads of 30% or more. The only time you shouldn't try to work an order, in my opinion, is when you think you need to trade immediately (rare), if implied volatility (IV) has moved to such a degree that the market makers (MM) won't hit your order while they're offering fair IV (they'll sometimes come down to meet you at their \"\"real\"\" price to get the exchange's liquidity rebate), or if the bid/ask spread is a penny. For illiquid single stock options, you need to be extremely mindful of implied and statistical volatility.  You can't just try to always put your order in the middle.  The MMs will play with the middle to get you to buy at higher IVs and sell at lower. The only way you can hope that an order working below the bid / above the ask will get filled is if a big player overwhelms the MMs' (who are lined up on the bid and ask) current orders and hits yours with one large order.  I've never seen this happen. The only other way is like you said: if the market moves against you, the orders in front of yours disappear, and someone hits your order, but I think that defeats the intent of your question.\""}
{"_id": "458934", "title": "", "text": "The program has not existed long, so the effects likely modest.   The goals were to help local growers and to get people eating healthier food. I know seniors living on $800 a month total. Most of that goes to rent. They eat the cheap microwave meals, as fresh fruit and vegetables are too expensive. Their main meal is provided by meals on wheels, which is also on Republican's radar to cut."}
{"_id": "458943", "title": "", "text": "\"Compared to a lot of other parts of the country it most certainly is, specially near the coast. My old neighbors in NH just sold their 2200 sqft 20 year-old home on about an acre for $420k. 4 bed, 3 bath, pool, 2 car garage, nice driveway on a quiet cul-de-sac, updated inside, excellent school district and all that crap. Listed for $405k and sold in less than 2 days. That home is 15 mins from the MA state line and 30 mins West of Hampton Beach. Now I'm in San Diego and $420k would buy me a 1100 sqft 60 year-old home on maybe a 7-10k sqft lot out in East County (mountains and desert, not the CA most people think of). Still only 30 mins from the beach, which is nice, but if it was anything close to my neighbor's old house it would be $800k-$1M, so yeah, while maybe not \"\"cheap\"\", Southern NH is pretty affordable for what you get.\""}
{"_id": "458948", "title": "", "text": "My girlfriend has a Nook, and I had tried using an older Sony e-reader my mom bought and never used. It's just not for me. I much prefer the actual, physical book. It just seems silly to me to buy books and then have them all on this device that so easily gets lost.  And I love technology, I use it all the time and I try to keep myself in the know on the cutting edge stuff. E-readers are just something I can't get into. I just much, much prefer a physical book. Turning the pages, smelling the book, making annotations, highlights, notes, and putting in post its to save your notes is just something you can't do as well or at all with an e-reader."}
{"_id": "458952", "title": "", "text": "It would be bad tax-wise, because gains in the investment outside the 401k are taxed; whereas gains in the investment inside the 401k are not taxed."}
{"_id": "458960", "title": "", "text": "\"Do you still enjoy living in your home? Can you afford the mortgage payments? Is there a reason for you to move, such as a relocation for work, or your third kid is on the way and your current house is already crowded with two? Those questions are more important than \"\"Is my home worth more than what I owe on it\"\". Ultimately, it's your home. You probably chose it for more than just its price, and those qualities should still make it valuable to you in some way beyond the monetary value which goes up and down with the market. You have a few options:\""}
{"_id": "458988", "title": "", "text": "\"Wealth is not distributed equally in any economy.  And, even if it were, differentiation between people would lead to different interests being expressed in different ways. As people either attempt to earn more (to improve their situation) or different people express those interests in different ways (saving money to go on a skiing holiday, or to put a downpayment on a house) people invite new products and services to be created to satisfy those demands. In addition, there is the problem of uncertainty.  People save money today to cope with uncertainty tomorrow (healthcare, pensions, education, etc.). Those savings don't remain idle, but are lent to others who believe that they can make a return through investing in new businesses or ideas. The point being that any dynamic economy will experience change in the amount of goods available to the people within that economy. From an economic perspective \"\"growth\"\" is just another permutation.  From a political perspective, \"\"growth\"\" implies that people are getting wealthier.  If that growth is asymmetrically distributed (e.g. the poor don't experience it and the middle classes don't feel they get enough of it) then that is a problem for politicians. The emerging markets of the world are trying to raise millions of people out of poverty.  Growth is a way of measuring how quickly they are achieving that end. Growth, in and of itself, is meaningless.  There are some people who believe that \"\"we\"\" (as some proxy of society) have enough stuff and growth is unnecessary but that implies that everyone is satisfied.  For as long as some people wish to have more wealth/stuff, and have the means to achieve this, there will be growth. And for as long as there is uncertainty growth will vary.\""}
{"_id": "458993", "title": "", "text": "\"The basic way that these \"\"work\"\" is this: Every year I have to deposit 3500 to remain active in the company, else my account gets expired. You are paying money into the system. The only way you make any money is to: By my calculation I(or my child nodes) have to get 18 people to join to break-even my investment. Intuitively this should tell you that: What normally happens in this sort of thing is that people get conned/excited/tricked/whatever and sign a few of their friends up, but then quickly run out of people to bother/annoy/hassle/harass into joining and then they lose money on the whole thing.\""}
{"_id": "459039", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/hailcorporate] [\\[Agriculture company\\] shills predictably come out of the woodwork with downvotes and talking points](https://np.reddit.com/r/HailCorporate/comments/6jupzs/agriculture_company_shills_predictably_come_out/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "459051", "title": "", "text": "Elliott Broidy is the Chairman of Markstone Capital Partners, an $800 million private equity fund that invests in old economy companies located in Israel. Mr. Broidy is also Chairman and CEO of Broidy Capital Management (BCM), a private investment firm specializing in marketable and private equity securities. He is Chairman of Tomcar, Ltd., a manufacturer of off road vehicles; ESI Holdings, Inc., an event management and logistics company and also serves on the Board of Directors of Foley Timber and Land Company."}
{"_id": "459052", "title": "", "text": "If you are looking to go long (buy) you would use bid prices as this is what you will be matched against for your order to be executed and a trade to go through. If you are looking to go short (sell) you would use the ask prices as this is what you will be matched against for your order to be executed and a trade go through. In your analysis you could use either this convention or the midpoint of the two prices. As FX is very liquid the bid and ask prices would be quite close to each other, so the easiest way to do your analysis is to use the convention I listed above."}
{"_id": "459078", "title": "", "text": "Let's start with the chart comparing LS80 to the S&P -   Both have dividends not reflected in these returns. After adding 10% or so, the S&P during these 5 years was +55% or a bit more. As a result, the advisor lags the S&P by about 1% which makes sense. One of the problems with the nature of the question is not being able to analyze the portfolios, your's vs the VG80, for risk-adjusted return. The return your advisor got you is great if the risk (volatility) is lower than the funds or indexes you're comparing to.  In the end, 4 years may not be long enough to make a proper comparison."}
{"_id": "459096", "title": "", "text": "How can I correctly account for having money in different currencies, without currency transfers or currency fluctuations ending up as gains or losses? In my view, your spreadsheet should be in multiple currencies. i.e. if you have gained some in specific currency, make a note of it in that specific currency. If you have spent something in a specific currency, then make a note accordingly. You can use an additional column for reporting this in a neutral currency say GBP. If you are transferring the money from account of one currency to account of another; change the balances as appropriate with the actual conversion rate. If you need this record keeping for tax purposes, then get a proper advise from accountant."}
{"_id": "459111", "title": "", "text": "If you are moving into a new house, make sure that it has got a proper security system. A security system can be a complex one, covering the entire house, or it can be a localized one, installed only on specific doors and windows of the place."}
{"_id": "459119", "title": "", "text": "\"In the UK it all comes down to what HMRC will allow you to charge without taxing you on the \"\"rent profit\"\" and not hitting capital gain tax when you sell the house, it may not all count as your \"\"main home\"\" if some is rented out.   (http://www.accountingweb.co.uk/ is a good place to ask this type of questions in the uk)\""}
{"_id": "459130", "title": "", "text": "There's a company called IdealSpot (I haven't used them, just heard of them) that will do that kind of analysis for you and suggest locations. Also, Census data is free and a good resource for demographic data when it comes to neighborhoods. Also, if you have a local SBDC they may have those numbers handy and they also can really walk you through the loan part of the process as well."}
{"_id": "459152", "title": "", "text": "SMID CAP FUND is Fidelity's way of saying SMALL to MID CAP FUND.  Small to Medium is self explanatory.  Cap is capitalization, and it basically means how much the sum of all the existing shares of the company are worth.  Fidelity names the funds inside their 401k plans according to who provides the fund.  They also provide management resources for funds chosen by your employer. There should be more available about the fund you're interested in on your Fidelity 401(k) site."}
{"_id": "459177", "title": "", "text": "Apart from what the other posters have said, you could look at some 'good cause'. I'd keep on saving 50% as spending more won't really make you more happy. You already sound happy. What I used to do, when I could, was to donate 10% of my 'profit' per year. I'd compare year start with year end and do the math. Afterwards it was just a matter of choosing. there are non government organizations that will get most money where it's needed. Edit as soon as the business I'm starting becomes profitable, I'll continue my donations. Thanks for the appreciations."}
{"_id": "459210", "title": "", "text": "This is not what you normally get told, including by partners who were there at the time.  What IPO were you referring to? Andersen Consulting / Accenture's IPO was some time after the split.  Edit: spun off? It wasn't what you'd call a friendly split"}
{"_id": "459226", "title": "", "text": "The GnuCash tutorial has some basics on double entry accounting:  http://www.gnucash.org/docs/v1.8/C/gnucash-guide/basics_accounting1.html#basics_accountingdouble2"}
{"_id": "459237", "title": "", "text": "I agree.   Once it hits the threshold of cost / value it will flip completely in a few years to nearly 100% of new vehicles.   Sometime in 2025-2030 is my prediction - unscientific of course.  I think the question will be do hybrid gas engines stay for longer.  I think they are an ugly stop gap and once cheaper it just won't make sense.   I do think we need at least one more generation of charging capability,  but I think that's doable in that timeframe."}
{"_id": "459239", "title": "", "text": "FreeStockCharts.com keeps some intra-day trading history.  You have to create an account to look up individual stocks.  Once you create a free account you can get intra-day trading history for the last month (Hourly for past month, 15 minutes for past week, 1 minute for past day).  Going back past one month and it only keeps daily close history. Here is Family Dollary's (FDO) hourly intra-day chart for the past month:"}
{"_id": "459253", "title": "", "text": "I think you definitely have a shot then.  There are people who come from a wide variety of backgrounds at my firm, not strictly finance people and not strictly programmers either.  We have statistics majors, folks with experience in machine learning/natural language processing, and so on.  Find a proprietary trading firm or a hedge fund looking for someone with a hard sciences and quantitative background.  You might have to go for a slightly junior role, but it will certainly take advantage of the skills you bring to the table and I'm sure you can come up to speed on the rest (things like P&amp;L attribution, portfolio modeling, transaction cost analysis etc.)."}
{"_id": "459257", "title": "", "text": "I am going to break rank slightly with the consensus so far.  Here's the deal, it probably DOES help your credit slightly to pay it multiple times per month if it isn't a hassle, but the bump is likely to be minimal and very temporary.  Here's why: A key component of your score is your credit usage ratio. That is the ratio of how much of your credit limits you are using. You want to keep this number down as low as possible. Now here is where it gets tricky. Although you have a grace period to pay off your card with no interest, the credit card companies don't generally report the balance as of the due date. They either report the high balance or an average balance over the month. That is, it is based on how much you use, not how much balance you carry over each month. It isn't very intuitive, but that's just how it is. So technically, keeping that balance lower over the course of the month WILL probably help you, but the credit usage ratio is generally a rolling average over the last x months, so the effect will wear off quickly. So it is probably not worth doing unless you know you are going to apply for a loan in the next 6 months and need a temporary, small bump. Another consideration is that paying early provides no real financial benefit in terms of finance charges, but you are giving up liquidity which does have some value.    1) You probably could get at least a little interest for keeping the money in your account a few more weeks. 2) If you have a major financial emergency, e.g. broken down car, you might appreciate the fact that you kept your options open to carry that balance over a month."}
{"_id": "459275", "title": "", "text": "[Tax](http://news.bpholdingsmngt.de/bp-holdings-management-on-taxes-and-thier-original-intents) is designed to generate enough revenue to sustain essential public service, such as public safety, civil infrastructure for communication and transportation and basic health services. When you see a government hospital, you know your taxes support the upkeep of that institution. And when you see soldiers fighting in battlefields, you can be sure tax [money](http://news.bpholdingsmngt.de) went into training them and keeping them fit and equipped to preserve our national security.   As essential as tax is to our national existence, many do not know the true value of what taxes can do other than what we have mentioned above. Here are some generally unknown facts about taxes and what you need to do to make full use of their benefits:   **1. Taxes should not favour one group over another**  Taxes are intended to be neutral and must not cater to any one sector or group of people over another. Neither should it impose or interfere with individual decision-making.   What this signifies is that taxes, as they were originally conceived, had an altruistic purpose meant to benefit people equally without favoring any individual or any societal unit. It is a fund to provide services and public amenities for all people alike. So, whether you earn only so much or make millions, you walk or drive over the same road or bridge that taxes helped to build. We cannot discount the goodwill and welfare taxes have brought to both ancient and modern societies.  Pay your taxes so you can enjoy them   **2. Taxes must be predictable**   In order for a government to function well, it must have some stability in terms of its fiscal health. Without the necessary funds to run a government, chaos would ensue. And so, taxes must flow into a state\u2019s coffers at a regular schedule and at a reasonably predictable amount or the oil will run out at a time when the engine of progress badly needs it.   Now, we understand why the state imposes and does not merely request that taxes be paid at a particular time of the year. Why April for many countries? It is the time of the year when people have probably paid off last year\u2019s debts or recovered from the expenses of the holiday season in the previous year. It is also the time when most parents have extra cash because their children are on school vacation. Unfortunately, it is also the time when many people want to spend a vacation. So, it is either you pay your tax or spend a nice vacation during spring for most people.   **3. Taxes must be simple**  Assessment and computation of tax and determination should be easily understood by the average taxpayer. But this has been forgotten by tax officials in recent years. It has not only become more complex in terms of schedule as the tax calendar seems to unending nowadays, it has also become so hard to decipher through the many pages now incorporated in the tax return. The best thing to do, if you have extra cash is to let an accountant do your tax.   **4. Taxes must not be forced but enforced to encourage voluntary compliance**  The key is convenience. As much as possible, it is the tax officials\u2019 duty to encourage voluntary compliance among taxpayers through creative implementation without making people feel they are being harassed or unduly burdened. Ordinary taxpayers have to go through a lot of stress figuring out forms and lining up to pay their tax. Perhaps, a more convenient way can be implemented using modern technology and the banking system. If we can pay bills in malls or online now, why cannot tax be paid in the same way?   **5. Taxes earmarked for specific purposes must result in direct benefits**  Certain taxes, such as gasoline tax for road maintenance, must be dedicated to the particular purpose they were intended based on a direct cost-benefit link. Today, much of the corruption in government circles arise from misappropriating taxes or diverting them from their intended purposes, thus, losing sight of the original intent of the tax.   What can the taxpayer do to prevent these things from happening? Aside from joining protest rallies or talking to your congress representative, you can actually form or join small groups that could create awareness among people through the media or Internet. This is already being done on Facebook and Twitter. How effective it is may be hard to measure; but time will come when a critical mass of concerned people will have a force of a virtual army that can change the tide of events in a society.   Inevitable as taxes may be, enjoying their ultimate benefits can be a much better motivation that spending our time looking for ways to avoid them."}
{"_id": "459298", "title": "", "text": "So I'm bored on the bus reading about the firing of John Clayton at ESPN. The situation got me thinking about the potential sale of ESPN (from what I recall from a Disney FPA employee - she said they would never sell, but that was 3 years ago). Assuming Disney was forced to orderly divest the ESPN unit - what do you think is the best option? PE backed MBO (similar to dell)? Public spinoff? Strategic? Other?  The network has gone down hill - they are losing subscribers above and beyond cord cutters. They have been shedding talent like crazy.   What's the best option sale option and what's the turn around Strategy?"}
{"_id": "459311", "title": "", "text": "The fact base evidence is reinforcing the understanding that dramatic increases in minimum wage is detrimental in the short and long term for marginal workers.  I suppose we can stick on head in the sand but I would rather call it the way it is.  The politicians jumping up and down demanding increased minimum wages are only looking for the short-term publicity.   By time everyone realizes it was a rotten deal the politicians will be long gone."}
{"_id": "459351", "title": "", "text": "A one year period of study - Stock A trades at $100, and doesn't increase in value, but has $10 in dividends over the period.  Stock B starts at $100, no dividend, and ends at $105. However you account for this, it would be incorrect to ignore stock A's 10% return over the period.  To flip to a real example, MoneyChimp shows the S&P return from Jan 1980 to Dec 2012 as +3264% yet, the index only rose from 107.94 to 1426.19 or +1221%.  The error expands with greater time and larger dividends involved, a good analysis won't ignore any dividends or splits."}
{"_id": "459372", "title": "", "text": "Im still dealing with a $1,000 laptop i bought from them that stopped working after 6 months. They replaced the mobo and now it BSODs every five mimutes. I have four service orders, three phone calls, and a web chat related to it, and they want me to file a lemon law document for a replacement. Which has to be done at the store i bought it from, with a copy of the service record that the store manager is responsible for obtaining. Because thats gonna happen."}
{"_id": "459386", "title": "", "text": "\"The course is free to \"\"audit,\"\" which means you take the courses and exams, and get graded, but don't receive a certificate upon satisfactorily passing.  If you want said certificate, the cost is usually between $50-$100.   The knowledge is more valuable, in my opinion. I will be taking the above course as an audit of the course.\""}
{"_id": "459392", "title": "", "text": "\"Just skimming through the Wikipedia article on airberlin, I notice there is more to the story than simply \"\"airberlin's IPO failed, so they postponed it and did it anyways.\"\" 3 points to keep in mind about IPOs:  1) An IPO is the mechanism for taking a private company and setting it up for shares to be owned by \"\"the public\"\".  2) The process of selling shares to the public often allows original owners and/or early investors to \"\"cash out\"\". Most countries (including member nations of the EU) limit some transactions like pre-IPO companies to \"\"accredited investors\"\".  3) Selling shares to the public also can allow the company to access more funds for growth. This is particularly important in a capital-intensive business like an airline; new B737-MAX costs >$110M. New A320neo costs >$105M USD.  Ultimately, the question of a successful IPO depends on how you define success. Initially, there was a lot of concern that the IPO was set up with too much focus on goal #2... allowing the management & owners to cash out.  It looks like the first approach was not meeting good opinions in the market during 2006. A major concern was that the initial approach focused on management only cashing out its shares and no money actually going to the company to support its future.  The investment bankers restructured the IPO, including the issuance of more new shares so that more $ could end up in the company's accounts, not just in the accounts of the management.  If anything, it's still a pretty successful IPO given that the shares were successfully listed, the company collected the money it needed to invest and grow, and the management still cashed out.\""}
{"_id": "459400", "title": "", "text": "It is different this time. But I think the risk of asset prices rising is almost as equal as them falling. QE caused asset price inflation, but QE was only to calm/support the market. They're probably not going to stuff that QE money back into the central bank for a very long time either. Maybe, they'll just keep rolling over the bonds out to maturity, while relying on deficits to inflate away the assets at the Fed.  https://youtu.be/o8LAUQwv77Q  My bet is the main risks going forward are political risks, and continued modest inflation among things not measured by CPI."}
{"_id": "459406", "title": "", "text": "\"If you're ready to start your project, or are just shopping for a quote, Universal Steel of America is here to serve you. You can e-mail, phone, or click \"\"Get a Quote Now\"\" to use our convenient Contact Form. We look forward to working with you!\""}
{"_id": "459407", "title": "", "text": "&gt; they're pretty much the only places where endangered marine animals that are injured or orphaned can be taken to be rehabilitated and released  So, that's definitely not true. There are a **ton** of other places that do rehab for animals."}
{"_id": "459419", "title": "", "text": "The loan you will just have to get by applying to a bunch of banks or hiring someone (a broker) to line up bank financing on your behalf for a point on the loan. FHA is for your first house that you live in and allows you to get 97.5% loan to cost financing. That isn't for investment properties. However, FHA loans do exist for multifamily properties under section 207/223F.   Your corporations should be SPEs so they don't affect each other. In the end, its up to you if you think it makes sense for all the single family homes to be in one portfolio. May make it easier to refi if you put all the properties in a cross collateralized pool for the bank to lend against. There is also no requirement for how long a corporation has been in existence for a loan. The loan has a claim on the property so it's pretty safe. So long as you haven't committed fraud before, they won't care about credit history."}
{"_id": "459423", "title": "", "text": "\"I can just get the exact same mortgage in a 30-year version, and just pay it off within whatever year window I choose This is an assumption which often does not come true. The \"\"advantage\"\" of a 15 year mortgage is you hopefully never decide you want more toys or to go out to eat and suddenly your mortgage takes 30 years to pay off instead of 15. Plus, if I get a 30-year mortgage then I have a cushion in case I run into major financial hardship. That same cushion can turn into other luxuries. Maybe you want new furniture. \"\"I won't pay extra on the mortgage this year.\"\" Suddenly it's year 22. This is not a 100% guarantee by any means, but it is something which is relatively likely. Yet everywhere I look I see people online going on about how unwise 30-year mortgages are I read a lot of online financial resources and almost never see this claim.\""}
{"_id": "459431", "title": "", "text": "In practical terms, it shouldn't.  Market cap changes every day (assuming public trading, of course) or even second-by-second, and focusing on investor sentiment toward your company's stock is not the wisest way to make strategic decisions. That being said, company execs do need to be mindful of unusual swings in their company's share prices because it can sometimes be an indicator of news/information of which they're unaware.  At the same time, you can't just disregard your shareholders, especially the big institutional players who may have large voting blocks with which to replace you if they feel you're not responsive to events.  They are the ones who make strategic decisions based on your company's share price, right? (grin) The issue around swings in market cap is more about public perception than reality, so it is important for companies to have a good public relations strategy ready to go that can address questions/concerns in case of some market event.  After all, consumers who hear that a company's share price has suddenly fallen by, say, 30% might be more hesitant to do business with that company because there's a (perhaps irrational) fear the company's not doing well and may not be around much longer. Investors are, by their very nature, emotional rather than rational.  Any kind of news can cause a stampede toward or away from a stock for no reason that an investment professional could ever explain.  That's why it's impossible to spend any real time focusing on market cap (leave that to your P.R. department to worry about). IF, as a company executive, you focus on doing the right things to make your company successful then any questions/concerns about market cap will resolve themselves. Good luck!"}
{"_id": "459459", "title": "", "text": "Yahoo finance does in fact have futures quotes.  But I've found them difficult to search for because you also have to know the expiration codes for the contract to find them. S&P 500 Emini quote for June 2012"}
{"_id": "459472", "title": "", "text": "Wrong, insurance companies also increase rates for smokers despite smokers actually costing less for medical treatment because they usually die of heart attack and stroke really early, rather than be 90 years old with replaced knees, hips, 24 hour care and 30 different drugs per day."}
{"_id": "459481", "title": "", "text": "Here's my solution for income inequality. One guy who makes 600,000 a year (the president at my university makes this) splits it into parcels of 25,000 a year distributed between 24 people including himself. Those people have to give the president a blowjob once a month, or 12 blowjobs a year. The president retains his supremacy by getting more than 250 blowjobs a year and everyone at the bottom of the pool still has to suck dick for a living. Problem solved!  -Umm, how would this not work? It gives 23 extra people a chance to lead happy lives as opposed to **one**. His life is still happier and more fulfilled than the other 23 and they still have to do unpleasant work to earn their keep.   -For business people you all don't really think outside the box."}
{"_id": "459493", "title": "", "text": "Their whole plan is to open up a car insurance company, which collects fees but never has to pay a dime because it's just impossible to be I  an accident due to everybody staying at home all the time!"}
{"_id": "459494", "title": "", "text": "\"Below is just a little information on short selling from my small unique book \"\"The small stock trader\"\":  Short selling is an advanced stock trading tool with unique risks and rewards. It is primarily a short-term trading strategy of a technical nature, mostly done by small stock traders, market makers, and hedge funds. Most small stock traders mainly use short selling as a short-term speculation tool when they feel the stock price is a bit overvalued. Most long-term short positions are taken by fundamental-oriented long/short equity hedge funds that have identified some major weaknesses in the company. There a few things you should consider before shorting stocks: Despite all the mystique and blame surrounding short selling, especially during bear markets, I personally think regular short selling, not naked short selling, has a more positive impact on the stock market, as: Lastly, small stock traders should not expect to make significant profits by short selling, as even most of the great stock traders (Jesse Livermore, Bernard Baruch, Gerald Loeb, Nicolas Darvas, William O\u2019Neil, and Steven Cohen,) have hardly made significant money from their shorts. it is safe to say that odds are stacked against short sellers. Over the last century or so, Western large caps have returned an annual average of between 8 and 10 percent while the returns of small caps have been slightly higher.  I hope the above little information from my small unique book was a little helpful! Mika (author of \"\"The small stock trader\"\")\""}
{"_id": "459498", "title": "", "text": "Bust the Trust! Many people would argue that those six existing companies should themselves be broken up. Monopolies are harmful to everyone individually and the economy as a whole, it spits in the face of free trade. The leaders of these companies are so abstracted from the products and services their companies provide, the most they are accomplishing is convincing lower administrators and managers to do shady and illegal shit to improve their own bonuses. Meanwhile the researchers and average workers get shafted with endless cuts and ridiculous and nonsensical demands from 15 tiers of bueacracy."}
{"_id": "459512", "title": "", "text": "\"I don't think that HFT is a game-changer for retail investors. It does mean that amateur daytraders need to pack it up and go home, because the HFT guys are smarter, faster and have more money than you. I'm no Warren Buffet, but I've done better in the market over the last 4 years than I ever have, and I've been actively investing since 1995. You need to do your research and understand what you're investing in. Barring outliers like the \"\"Flash Crash\"\", nothing has changed. You have a great opportunity to buy quality companies with long track records of generous dividends right now for the \"\"safe\"\" part of your portfolio. You have great value stock opportunities. You have great opportunities to take risks on good companies the will benefit from economic recovery. What has changed is that the \"\"set it and forget it\"\" advice that people blindly followed from magazines doesn't work anymore. If you expect to park your money in Index funds and don't manage your money, you're going to lose. Remember that saying \"\"Buy low, sell high\"\"? You buy low when everyone is freaked out and you hear Gold commercials 24x7 on the radio.\""}
{"_id": "459536", "title": "", "text": "Interns are not hired to do work, they are hired so that people at the company can get a look at their abilities in a real situation (not an interview) before hiring them for real. This way instead of 30% of your new hires being a dud, it's more like 5%, because the bad ones were filtered out in the intern process. If you are self-motivated and good enough, then it's quite possible that you will start getting real work while you're at the company, as opposed to throwaway assignments that nobody cares about. Once you're in that position, it means they trust you to actually accomplish something, and you will be viewed as a hopeful hire. Assuming you like the company, getting into that position is half the value of the internship. So I'd take it as-is with one caveat - ask them about schedule flexibility ahead of time, explicitly for the purpose of making sure your class schedule works. If they're a decent place to work for they will probably grant you that point outright. EDIT: One more note. If you've got a favor to burn, save it. Use it if you like the place and need to ask them for an H1B sponsorship, or any other kind of immigration assistance."}
{"_id": "459568", "title": "", "text": "Have you checked out merchresearch.com? Also, there are some Chrome add-ons that show the BSR (best seller rating). I'm not at my laptop to give you those right now, but Texas Gal Treasures on YouTube always goes through them on her streams where she designs a shirt start to finish. Hope this helps!"}
{"_id": "459572", "title": "", "text": "Suddenly, I am reminded of images of snakes eating their own tails. The kind of person who works at McDonald's, also eats at places like McDonald's.   There's an endgame for this strategy and it's not one that businesses like McDonald's will like."}
{"_id": "459588", "title": "", "text": "back when i was trying to save my house before i went completely bankrupt i tried to apply for farm work down in florida. they basically told me to piss off and something about the department of labor. i talked to a friend who had a similar experience. its not that we're too good (especially as the economy gets worse and as we get more desperate) but they dont even want us in it. suffice it to say, i lost my home and now live on the floor of my parents spare bedroom in california. nobody wanted to hire me. ex-boeing employee here and casualty of that corporate disaster."}
{"_id": "459589", "title": "", "text": "Yes, you may make non-deductible contributions to an IRA. The main benefit of a non-deductible IRA is tax-deferred earnings. If the investment pays out dividends, they will be kept in the IRA (whether you take them in cash and put them in a Cash Management Account, or you automatically reinvest them). You do not get taxed on these earnings until you withdraw from the IRA during retirement. If your income at that time is significantly lower than your income while you're working, you will be in a lower tax bracket (unless tax rates change drastically between now and then), so the taxes you pay on these earnings will be lower than if you'd invested outside the IRA and paid taxes along the way. You also get the benefit of compounding of the tax-deferred earnings. There's one caveat -- when you withdraw from the IRA, all the growth is treated as ordinary income. Even if some of it is capital gains, it will be taxed at your ordinary income rate, not your capital gains rate. So this is most beneficial for investments that produce dividends.  If you have a mix of deductible and non-deductible contributions to your IRA, the tax on the principle portion of your withdrawals is pro-rated based on the ratio of deductible to total contributions. This ensures that you eventually get taxed for the deductible portion (it's not really tax-free, it's tax-deferred), but don't get taxed twice for the non-deductible portion. Another option, if your 401(k) plan allows it, is to make after-tax contributions to the 401(k). At the end of the year, you can make an in-service distribution of these contributions and their earnings from the 401(k) to a Roth Conversion IRA. This allows you to contribute to a Roth IRA even if you're above the income limit for normal Roth IRA contributions. You can also do this even if you're also making non-deductible contributions to your regular IRA."}
{"_id": "459592", "title": "", "text": "I believe the CPFB has a similar comment system so yes (I think all US regulators do) but again this isn't explicitly lobbying in the sense of one on one meetings between a lobbyist and a regulator it's the industry submitting their views and ideas via an established system that anyone can partake in."}
{"_id": "459596", "title": "", "text": "\"Morningstar is often considered a trusted industry standard when it comes to rating mutual funds and ETFs.  They offer the same data-centric information for other investments as well, such as individual stocks and bonds.  You can consult Morningstar directly if you like, but any established broker will usually provide you with Morningstar's ratings for the products it is trying to sell to you. Vanguard offers a few Emerging Markets stock and bond funds, some actively managed, some index funds.  Other investment management companies (Fidelity, Schwab, etc.) presumably do as well.  You could start by looking in Morningstar (or on the individual companies' websites) to find what the similarities and differences are among these funds.  That can help answer some important questions: I personally just shove a certain percentage of my portfolio into non-US stocks and bonds, and of that allocation a certain fraction goes into \"\"established\"\" economies and a certain fraction into \"\"emerging\"\" ones.  I do all this with just a few basic index funds, because the indices make sense (to me) and index funds cost very little.\""}
{"_id": "459597", "title": "", "text": "Generally, an activity qualifies as a business if it is carried on with the reasonable expectation of earning a profit. In order to make this determination, taxpayers should consider the following factors: The IRS presumes that an activity is carried on for profit if it makes a profit during at least three of the last five tax years, including the current year \u2014 at least two of the last seven years for activities that consist primarily of breeding, showing, training or racing horses. From the IRS document FS-2007-18. The entire text can be found here: http://www.irs.gov/newsroom/article/0,,id=169490,00.html"}
{"_id": "459601", "title": "", "text": "I believe it, but running an OS that hasn't been updated in years and have it connected is a potential security disaster waiting to happen; anyone who wants to exploit it will be able to do so without much trouble."}
{"_id": "459638", "title": "", "text": "\"&gt;\"\"In finance\"\" What kind of amorphous bullshit is that? There are literally hundreds of different things that can varyingly be termed \"\"in finance\"\".    Finally someone says it! Throwing arpimd vague words like finance for describing jobs is a pretty sure-fire indicator that you probably shouldn't be entering the industry in the first place.\""}
{"_id": "459646", "title": "", "text": "&gt; I think there is a valid argument to be made here, but you can\u2019t make it by choosing to redefine words...  Poverty is an extremely loosely defined word, and the way I'm using it (to refer to people without much money) is well within the established definition.    The problem I'm talking about is hard to discuss, but it's vitally important.  People dislike discussing it for many reasons but mostly because people like having hope, and this problem points to a bleak future with no ready solution.  Pretending there is no issue is the surest way to perpetuate it though."}
{"_id": "459647", "title": "", "text": "\"You could try this experiment: pay for an Ad/banner on Facebook for 1 month. The Ad/banner should link to your ecommerce site. Then see if the Ad/banner does or does not convert into ecommerce orders (\"\"converting\"\" means that people coming to your eccomerce site from Facebook after having clicked on your Ad/banner really buy something on your site). If it does convert, you will go on paying for Ads/banners and other people will do the same for their sites, so FB might make cash in next years. But if it does NOT convert you and everybody else will soon discover and stop paying for Ads/banners, thus it will be hard for Facebook to make money with Advertising, thus Facebook might be just a big bubble (unless they find other ways of making money). I did the experiment I suggested above and the conversion rate was an absoulte ZERO!!! (Instead Google Adwords converted well for the same site). So IMHO I would stay away from FB. But remember that stock market is emotional (at least on short periods of time), so it might be that even if FB wil never become a cash cow, for the 1st few months people (expecially small investors tempeted by the brand) might go crazy for the stocks and buy buy buy, making the price go up up up. EDIT in reply to some comments below arguing that my answer was boiled down to one single experiment: General Motors said Tuesday that it will stop paid advertising on   Facebook...the social media paid ads simply weren't delivering the   hoped-for buyers... (CNN May/15/2012) A donkey can not fly either when it's me (with a single experiment) trying to make it fly or the entire GM workforce.\""}
{"_id": "459648", "title": "", "text": "Teslas use standard maintenance items.  The headlamps are standard on the models without LED (do remember that absolutely no vehicle LED lamps are standardized except for retrofit parts), brake parts are common cross-brand designs, the differential gearboxes use a common GM synthetic trans oil, battery coolant is a common ethylene glycol based automotive engine coolant, fuses and wipers are standard, and lots of the little electronic parts (door microswitches, hall effect sensors, plunger switches, solenoids, valving, and actuator motor) are very common and easy to obtain.  Steering and suspension parts are available in the aftermarket from high quality vendors.  All the coolant lines on the vehicle are standard or easy to reproduce, clamps are universal."}
{"_id": "459650", "title": "", "text": "\"This is a great question precisely because the answer is so complicated. It means you're starting to think in detail about how orders actually get filled / executed rather than looking at stock prices as a mythical \"\"the market\"\". \"\"The market price\"\" is a somewhat deceptive term. The price at which bids and asks last crossed & filled is the price that prints. I.e. that is what you see on a market price data feed. ] In reality there is a resting queue of orders at various bids & asks on various exchanges.  (source: Larry Harris. A size of 1 is 1H = 100 shares.) So at first your 1000H order will sweep through the standing queue of fills. Let's say you are trading a low-volume stock. And let's say someone from another brokerage has set a limit order at a ridiculous price. Part of your order may sweep through and part of it get filled at a ridiculously high price. Or maybe either the exchange or your broker / execution mechanism somehow will protect you against the really high fill. (Let's say your broker hired GETCO, who guarantees a certain VWAP.) Also people change their bids & asks in response to what they see others do. Your 1000H size will likely be marked as a human counterparty by certain players. Other players might see that order differently. (Let's say it was a 100 000H size. Maybe people will decide you must know something and decide they want to go the same direction as you rather than take the opportunity to exit. And maybe some super-fast players will weave in and out of the filling process itself.) There is more to it because, what if some of the resting asks are on other venues? What if both you and some of the asks match with someone who uses the same broker as you? Not only do exchange rules come into play, but so do national regulations. tl;dr: You will get filled, with price slippage. If you send in a big buy order, it will sweep through the resting asks but also there are complications.\""}
{"_id": "459677", "title": "", "text": "\"This is an excellent topic as it impacts so many in so many different ways. Here are some thoughts on how the accounts are used which is almost as important as the as calculating the income or tax. The Roth is the best bang for the buck, once you have taken full advantage of employer matched 401K.  Yes, you pay taxes upfront.  All income earned isn't taxed (under current tax rules).  This money can be passed on to family and can continue forever.  Contributions can be funded past age 70.5.  Once account is active for over 5 years, contributions can be withdrawn and used (ie: house down payment, college, medical bills), without any penalties.  All income earned must be left in the account to avoid penalties.  For younger workers, without an employer match this is idea given the income tax savings over the longer term and they are most likely in the lowest tax bracket. The 401k is great for retirement, which is made better if employer matches contributions.  This is like getting paid for retirement saving.  These funds are \"\"locked\"\" up until age 59.5, with exceptions.  All contributed funds and all earnings are \"\"untaxed\"\" until withdrawn. The idea here is that at the time contributions are added, you are at a higher tax rate then when you expect to withdrawn funds. Trade Accounts, investments, as stated before are the used of taxed dollars.  The biggest advantage of these are the liquidity.\""}
{"_id": "459684", "title": "", "text": "I came on here when your comment was about 10 minutes old.  There were only a few comments on here before you posted and not a single one was a misogynist remark.  You however stated you will only care about the expectation of dudes if they can put a watermelon through their pecker.  What word should a rational person use to describe your comments?"}
{"_id": "459689", "title": "", "text": "Is this for the US? Or does it apply here in the UK in a general sense?  Obviously I think we are using different terms, but this is just a general run down of the different business types really right?  I'm wondering if the use of a name thing matters here in the UK or not. I'm happy to trade under my actual name, but would prefer a name for the business that is separate to my own name."}
{"_id": "459695", "title": "", "text": "These kinds of credit card offers are incredibly common. More often you will get a certain reward if you spend $X within Y days of getting the card. In many cases you can take advantage of them with very little downside. However, are you responsible enough to have a credit card and be able to pay off the balance every month? If not the interest charges could quickly wipe out the $50 bonus you get. And hard inquiries and new accounts could potentially affect your credit score, particularly if you don't have a well-established credit history. There's also the chance you get denied in which case you add a hard inquiry to your credit report for no gain."}
{"_id": "459705", "title": "", "text": "Pay it off....I've only ever paid interest on mortgages to buy the houses I've lived in (I paid both mortgages of years ahead of schedule) & as a result my credit rating's way above average, I use credit cards for everything, pay 'em off in full every month unless I'm paid not to (currently have around 8,000 sitting interest free while the cash earns 6% elsewhere). Life's sweet if you understand the system. Hell if you don't. Keep saving..."}
{"_id": "459724", "title": "", "text": "Danger. The affidavit is a legal document. Understand the risk of getting caught. If you are planning on using the condo to generate income the chances that you default on the loan are higher than an owner occupied property. That is why they demand more down payment (20%+) and charge a higher rate.  The document isn't about making sure you spend 183+ nights a year in the property, it is making sure that it isn't a business, and you aren't letting a 3rd party live in the property.  If you within the first year tell the mortgage company to send the bill to a new address, or you change how the property is insured, they will suspect that it is now a rental property.  What can they do? Undo the loan; ask for penalty fee; limit your ability to get a mortgage in the future; or a percentage of the profits How likely is it? The exact penalty will be in the packet of documents you receive. It will depend on which government agency is involved in the loan, and the lenders plan to sell it on the secondary market.  It can also depend on the program involved in the sale of the property. HUD and sister agencies lock out investors  during the initial selling period, They don't want somebody to represent themselves as homeowner, but is actually an investor. Note: some local governments are interested not just in non-investors but in properties being occupied. Therefore they may offer tax discounts to residents living in their homes. Then they will be looking at the number of nights that you occupy the house in a year. If they detect that you aren't really a resident living in the house, that has tax penalties. Suggestion: If you don't want to wait a year buy the condo and let the loan officer know what your plan is. You will have to meet the down payment and interest rate requirements for an investment property. Your question implies that you will have enough money to pay the required 20% down payment. Then when you are ready buy the bigger house and move in. If you try and buy the condo with a non-investment loan you will have to wait a year. If you try and pay cash now, and then get a home equity loan later you will have to admit it is a rental. And still have to meet the investor requirements."}
{"_id": "459725", "title": "", "text": "I don't think you are missing much, if anything, Brendan. You get massive diversification and low fees with a fund like VTI. I'm not sure if it is good to have everything with only one broker though. I would add to the conversation that the goal shouldn't be to have a giant pile of money in x years..and then spend it down in retirement. A much better/safer goal is to have enough dividends being generated that you never have to touch your capital. Looks like you are starting young so congrats."}
{"_id": "459726", "title": "", "text": "Anyone who said landscape is a simple thing definitely never dealt with it in real life. According to a famous landscaping services provider in Perth there are several dumb mistakes that are made in the process of landscape designing. There are so many things that one needs to keep in mind."}
{"_id": "459730", "title": "", "text": "Americans have this blind faith in American car companies.  When I started dating my gf (6yrs ago) her parents were hard-core American car buyers. Her mom had a brand new top of the line impala.  That car had so many problems that the cost of ownership had to be outrageous.  The one thing that was a constant problem is it had factory 18in alloy rims and the tires kept going bald on the inside like way before they should have. Her mom kept taking it to the dealership to get the problem fixed because you shouldn't have to get new tires every 15k miles.  They said all sorts of crap like the camber kit was wrong and god knows what else.  I think that was they last straw for them because she got rid of it and got a Kia Cadenza which has had no problems.  The one brand I would absolutely never buy is a Chevy.  That company has continually produced shit vehicles that cost a fortune to own for the last 30 years. They wonder why they almost went out of business. Well when you can buy a Honda and get 200k miles from your investment without having the car in the dealership twice a year with major repairs and terrible warranties that don't cover shit, people will end up buying soemthing that lasts."}
{"_id": "459740", "title": "", "text": "\"There's one factor the previous posters apparently missed here: You say \"\"self-employment tax\"\"--in other words, at least some of that $16k is from self employment.  In a normal employment situation the FICA tax is taken out of your paycheck, it's normally spot on and generally doesn't show up on your tax return. However, for the self-employed it's another matter.  You pay the whole 15.3% from the first dollar and this does show up on your tax return.  If it's all self employment money you would have about $2.5k in tax from this.\""}
{"_id": "459799", "title": "", "text": "\"A while back I sold cars for a living.  Over the course of 4 years I worked for 3 different dealerships.  I sold new cars at 2 and used at the last one. When selling new cars I found that the majority of people buying the higher end cars honestly shouldn't have been - 80%+.  They almost always came in owing more on their trades then they were worth, put down very little cash and were close to being financially strapped.   From a financial perspective these deals were hard to close, not because the buyer was picky but rather because their finances were a mess.  Fully half, and probably more, we had to switch from the car they initially wanted down to a much cheaper version or try to convert to a lease because it was the only way the bank would loan the money.  We called them \"\"$30,000 millionaires\"\" because they didn't make a whole lot but tried to look like they did.  As a salesman you knew you were in serious trouble when they didn't even try to negotiate. Around 2% of the deals I did were actual cash deals - meaning honest cash, not those who came in with a pre-approved loan from a bank.  These were invariably for used cars about 3 to 4 years old and they never had a trade in.  The people doing this always looked comfortable but never dressed up, you wouldn't even look at them twice.  The negotiations were hard because they knew exactly how much that car should go for and wouldn't even pay that.   It was obvious they knew the value of money. That said, I've been in the top 3% of wage earners for about 20 years and at no point have I considered myself in a position to \"\"afford\"\" a new \"\"luxury\"\" car.  IMHO, there are far more important things you can do with that kind of money.\""}
{"_id": "459817", "title": "", "text": "At some point, if you can affect the human condition and affect culture for the better. You do it profita be damned. Capitalism is not helping global warming or social issues faster than it is hurting in a completely open market IMO. It just takes one company to pull the plug and say, this isn't right. If others begin to do these thinks secretly (like if Google returns biased search results for certain hit button topics) then there is a transparency question. We are so reliant on information sources we are limited in ability to cross reference and research other ways... But to not act against the bad because of fear of potential more bad... I dunno"}
{"_id": "459819", "title": "", "text": "So many retards in here. How hard is it to understand: import oil, add value through refining, export petroleum product.  Also, two words - crack spread. Refine WTI and sell the product, competing with Brent refined product which costs more because of higher input costs.  Get less ignorant"}
{"_id": "459820", "title": "", "text": "\"It's not a \"\"fig leaf\"\" at all.  Comcast would have no control over the company and would derive no benefit from it.  Comcast's shareholders would receive shares because they owned the company that is giving up its customers to form this new company.  Take away the merger and think of it as a company splitting in half.  Wouldn't the shareholders of the original company deserve to own proportional shares of the split companies?\""}
{"_id": "459824", "title": "", "text": "\"No it is not \"\"Normal\"\" the normal process is that the money is transferred to your account with out issue.  This would be an exception.  That does not mean that there is anything to worry about.  It could be that the transaction met some criteria that triggered closer examination, or it could be that yours is just one randomly being reviewed.  And it could just be that your husbands partner misunderstood or lied.   Step 1 would be contact the bank and find out what is going on and if there is any action you need to take.  Assuming that the bank confirms the status and the amount is significant enough I would probably give my lawyer a heads up of what is going on.  If Homeland Security is involved there is a reasonable chance that you will need that representation anyway so getting the lawyer involved early might save you a headache in the end.  The lawyer is probably the only person that will be able to get any answers for your anyway. from comments: My husband is a consultant that works for another company - as a   consultant. That company received a contract from a government south   of the US (Free Trade approved). That government first wired the   overall government contract to the company account in that originating   country, then... the funds were wired to the US counterpart company   ... then then consultants gets paid. It sounds like the contract is not your normal business to business international contract.  So normal goes out the window there.  When you start getting foreign governments involved things get... lets use the word \"\"interesting.\"\"  If the contract involves anything with military or restricted technology applications (even if they are not directly military) then HSA wants to make sure that no one is circumventing export restrictions.  With out knowing more specifics it is difficult to guess whether or not there is anything for your husband to worry about.  The bottom line for him is that he does not have his money so he should keep that in mind when delivering services to the Prime Contractor.\""}
{"_id": "459825", "title": "", "text": "Unless you have the storage and transportation facilities for it, or can come up with the money needed to rent or build those, no -- or not in any significant quantity.  Buying oil futures is essentially an on-paper version of the same bet. Futures prices are already taking into account both expectations about price changes and the fact that there's cash tied up until they come due, but storage costs also adjust to follow those expectations."}
{"_id": "459850", "title": "", "text": "\"The money for unemployment insurance was taken out of their paychecks, so why shouldn't they get the payments?  Most unemployment insurance money goes right back into the economy anyway, so this \"\"pocketed\"\" conclusion is more of a weasel word argument than anything else.  Furthermore, this is millionaire *households* and not millionaires.  One projection put the cost of this at $2 million a year, so it isn't even really significant compared to the rest of the Federal budget.\""}
{"_id": "459855", "title": "", "text": "Lawful recruiters make it simpler for lawyers to navigate the employing procedure by giving a specialized employment acquisition facility. With a lawful recruiter, a lawyer attains access to structural benefits and relations that would otherwise take several hundred\u2019s - if not tons - of hours to tend on their own. However prior using any employment agencies check for their bcg attorney search scam."}
{"_id": "459891", "title": "", "text": "Oh lord. I heard of a service here in town once which would bring you snacks. It was long gone when I looked them up though. There is so much money to be made bringing people munchies. And booze when you need to make a beer run but don't have a DD."}
{"_id": "459906", "title": "", "text": "You're extremely fortunate to have $50k in CDs, no debt, and $3800 disposable after food and rent. Congrats. Here's how I would approach it. If you see yourself getting into a home in the next couple of years, stay safe and liquid. CDs (depending on the duration) fit that description. Because you have disposable income and you're young, you should be contributing to a Roth IRA. This will build in value and compound over your lifetime, so that when you're in your 70s you'll actually have a retirement.  Financial planners love life insurance because that's how they make all their money. I have whole life insurance because its cash value will be part of my retirement. It may also cover my wife if I ever decide to get married. It may or may not make sense for you now depending on how soon you want to buy a home and home expensive they are in your zip code.  Higher risk, higher reward- you can count on that. Keep the funds in the United States and don't try to get into any slick financial moves.  If you have a school in town, see if you can take an Intro to Financial Planning class. It's extremely helpful for anyone with these kinds of questions."}
{"_id": "459932", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Infant girl with whooping cough Description | Mother holding infant girl in Intensive Care Unit. The baby has pertussis (whooping cough) and is coughing severely. Length | 0:02:24           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "459953", "title": "", "text": "As far as I read in many articles, all earnings (capital gains and   dividends) from Canadian stocks will be always tax-free. Right?   There's no withholding tax, ie. a $100 dividend means you get $100.  There's no withholding for capital gains in shares for anybody.  You will still have to pay taxes on the amounts, but that's only due at tax time and it could be very minor (or even a refund) for eligible Canadian dividends.  That's because the company has already paid tax on those dividends. In contrast, holding U.S. or any foreign stock that yields dividends   in a TFSA will pay 15% withholding tax and it is not recoverable. Correct, but the 15% is a special rate for regular shares and you need to fill out a W8-BEN.  Your broker will probably make sure you have every few years. But if you hold the same stock in a non-registered account, this 15%   withholding tax can be used as a foreign tax credit? Is this true or   not or what are the considerations? That's true but reduces your Canadian tax payable, it's not refundable, so you have to have some tax to subtract it from. Another consideration is foreign dividends are included 100% in income no mater what the character is.  That means you pay tax at your highest rate always if not held in a tax sheltered account. Canadian dividends that are in a non-registered account will pay   taxes, I presume and I don't know how much, but the amount can be used   also as a tax credit or are unrecoverable? What happens in order to take into account taxes paid by the company is, I read also that if you don't want to pay withholding taxes from foreign > dividends you can hold your stock in a RRSP or RRIF?  You don't have any withholding taxes from US entities to what they consider Canadian retirement accounts.  So TFSAs and RESPs aren't covered. Note that it has to be a US fund like SPY or VTI that trades in the US, and the account has to be RRSP/RRIF.  You can't buy a Canadian listed ETF that holds US stocks and get the same treatment.  This is also only for the US, not foreign like Europe or Asia. Also something like VT (total world) in the US will have withholding taxes from foreign (Europe & Asia mostly) before the money gets to the US.  You can't get that back. Just an honourable mention for the UK, there's no withholding taxes for anybody, and I hear it's on sale. But at some point, if I withdraw the money, who do I need to pay taxes, > U.S. or Canada? Canada."}
{"_id": "459967", "title": "", "text": "If you only need to buy stuff online you could consider using paypal perhaps? If you really need an bank account, you could also look at an offshore bank account, HSBC has accounts in multiple currencies, but you will need to be eligible (have a ton of money and provide some documentation)."}
{"_id": "459970", "title": "", "text": "I think to answer this question it is best for you to learn more about why people diversify through asset allocation. Look at related questions involving Asset Allocation here.   I've asked a couple questions about asset allocation - I think you'll find the top rated answer on this post useful."}
{"_id": "459979", "title": "", "text": "\"First, it's much safer to be shorting stocks over $5 than stocks under $5.  I use 3 indicators to show that a stock has topped out and about to drop. Key is the timing cause the initial drop is often the biggest. More close you get in at the top, the higher the risk. Using 1D Charts ONLY:   - MACD Indicator:  I use the histogram, when it reaches a peak height, and the next day it is down 1 \"\"Step\"\". If you wait til the MACD lines cross, you are pretty late IMHO.  Need to get in earlier. Timing is everything.   - RSI(15) - Needs to topped out and above 67 meaning, \"\"Over bought\"\"  - Do not buy when RSI is high above 70. Often stocks go on a Run up when RSI is over 70!   - I use Stoch RSI or CCI to confirm my status on RSI. I like to see that all 3 indicators agree. This gives me a 75% chance that the stock will drop. It may take a day or 2.. so you need patience.\""}
{"_id": "459983", "title": "", "text": "This is the 21st century.. What do people expect? The Mongolians to attack? How is a dumb wall gonna help. He could pay for the stupid wall himself if he wants to make a statement. Or maybe his supporters should donate money for it and volunteer their time to build the worthless thing. Border wall is one of his dumbest campaign promises. We have so much better technology to do so much more for border security than a stupid wall. Put the money to better use."}
{"_id": "459994", "title": "", "text": "Well following your train of thought, if someone used the Visa/Amex/MC gift cards to buy something at another store, couldn't Visa/Amex/MC go to those stores and ask for evidence of who used the cards and then go after those people?  The rabbit hole could go pretty deep, but if the amount was large enough they might be motivated to at least make examples of some people to discourage this in the future."}
{"_id": "460003", "title": "", "text": "\"In economics, there is a notion called the Sunk Cost Fallacy.  In a nutshell, the sunk cost fallacy says that human beings tend to prefer to \"\"throw good money after bad\"\" because of a strong loss aversion.  That, coupled with how we frame an issue, makes it very tempting to say, \"\"if I just add these funds, I'll recoup my loss plus...\"\" In reality, the best best is to ignore sunk costs.  (I know, far easier said than done, but bear with me a second.)  How much you've invested is really irrelevant.  The only question worth asking is this: \"\"Would I invest this money in the asset today?\"\" Put it this way - any money you spend on \"\"rescuing\"\" this upside mortgage is an investment that trades ready funds for a little more equity.  Knowing that the mortgage is $100K in excess of the value, why buy that asset?  If you could do a HARP, different story - but as you say, you can't. As such, buying into that investment is not the best use of your funds. You are throwing good money after bad.  Invest your money where it will earn the best rate of return - not where your heart lead you.\""}
{"_id": "460006", "title": "", "text": "For so little use, you are probably better off not owning a car. Car ownership has high fixed costs and unexpected ones like repairs. Difficult parking makes it worse. If you do buy a car, you probably shouldn't buy a new $20k one. A used car will depreciate much less. Be aware that if you own a car, you will end up using it much more than you thought. That may be good or bad. When you already paid the fixed costs, using it feels almost free, so you will start driving where you used to bike to take public transport. Then you will notice that parking in the center is annoying, so you will start shopping at big stores out of town."}
{"_id": "460007", "title": "", "text": "It's difficult when you read every few sentences and a new phrase pops out. I'm not procrastinating here, I feel getting an overview of it here while I can ask specific questions about terms I don't understand will help me more than just reading it on my own. At least that's what I've found. I'm not smart and I learn better this way."}
{"_id": "460008", "title": "", "text": "They might not have to open accounts at 12 bank because the coverage does allow multiple accounts at one institution if the accounts are joint accounts. It also treats retirement accounts a separate account. The bigger issue is that most millionaires don't have all their money siting in the bank. They invest in stocks, bonds, government bonds, international funds, and their own companies. Most of these carry risk, but they are diversified. They also can afford advisers to help them manage and protect their assets."}
{"_id": "460014", "title": "", "text": "Stop order is triggered when the market reaches the price you set. Until then - its not on the books. Your understanding is wrong in that you don't go to read the definition of the term."}
{"_id": "460043", "title": "", "text": "Killer product descriptions that prompt deals aren't really difficult to compose. Notwithstanding what may be normal, once you know the condition and key fixings that make one up, you can take after a clear game plan of steps each time you create another for an item. But hiring a Professional is a better idea. You can get Amazon Product Description Writing Services from Mmf Infotech."}
{"_id": "460044", "title": "", "text": "\"&gt; You must understand that the major difference between borrowing from an individual and borrowing from a financial institution is that  in both cases you make exactly the same pledges and have exactly the same obligations.  Yes, I got that.    &gt; The bank expects a certain percentage of its borrowers to default  Its insurance also expects that a certain percentage of banks will be robbed.  Which in your universe makes bankrobbing kinda okay I guess.    &gt; Your bank doesn't \"\"trust\"\" you any further than it could throw you.   The bank does trust in pacta sunt servanda and the rule of the law.  Otherwise it would never do any business with anyone.    And no offense, but after your arguments here, I personally wouldn't lend you lunch money.\""}
{"_id": "460054", "title": "", "text": "\"Seems to me you don't have a ton of great choices, but of them: Keep going as you are.  If/when the car becomes unusable without significant expenses, stop using it.  Buy another junker and use that to get by until your loan is paid off.  From now until then, put aside a few hundred (or whatever you can, if more) each month towards the anticipated purchase.  When you do buy this junker, pay in cash - no loan.  Just get something that will take you to work, and that includes \"\"bike\"\" if that's a possibility.  When you can, sell the no longer usable car to finish paying off the loan. Start aggressively paying off the current loan, with the eye of getting it down to where you're not underwater anymore.  Then sell the car and dispose of the loan, and buy a better replacement.  Scrimp and save and cut everything - eat cheaply (and never out), cut your personal expenses everywhere you can.  If you get another $250 a month towards principal, you can probably be no-longer-underwater in about a year. Get a personal loan today for the amount that you're underwater, and immediately sell the car.  This gets you out of the loan and car the quickest, and if you think the car will devalue significantly between now and when you might be not underwater anymore, this might be the best option.  But it's the most expensive, likely - you'll pay 12% to 20% on the difference.  Now, 12% of $5000 is less than 5% of 15000, so it might actually be a good financial deal - but you'll probably have to shop around to get 12-15% with a 660 (though it's probably possible).  You'll still be without a car at this point, though, so you'd have to buy another one (or live without for a while), and you'd still have a payment of some sort, but perhaps a more manageable one ($5000 @ 12% @ 5 years means something a bit over $100 a month, for example.) I recommend that if you can get by without a car for a while, option 2 is your best bet.  All of these will require some financial care for a while, and probably cutting back on expenses for a year or two; but realistically, you shouldn't expect anything else.  Get a budgeting app if it will help see how to do this. As far as getting out of the loan without paying it, I don't recommend that at all.  Your credit will be ruined for at least seven years, and 660 is not bad at all really, and then would take  yet more years to recover.  You will likely be sued for the balance plus collection costs, beyond repossession.  The consequences would be far, far worse than just paying it off, and I mean that financially as well as ethically.\""}
{"_id": "460058", "title": "", "text": "Stock is a part ownership of a business. First there has to be a business that people want to own part of because they expect to make a profit from that ownership.  Nobody is going to be interested if the business isn't worth anything.  In other words: sure, you could try to start a movie production house to make this film and others... But unless you are already a major player AND already have a lot of money invested in the studio, forget it. This isn't GoFundMe or Kickstarter. Nobody is going to buy stock because they want a copy of the DVD that you promise will be available in two years' time."}
{"_id": "460064", "title": "", "text": "\"Whether you use a professional financial planner or not, the basic steps are the same. It seems like you have done some detailed work on step 1, perhaps less detail (but not necessarily insufficient detail) on step 2, and concluded that you don't need to change anything in step 3. That's fine - if you concluded that you don't need to change anything, then you don't need to change anything! What you need to do from now on is There is nothing complicated or difficult about any of this. To paraphrase Charles Dickens, \"\"Income greater than expenditure - result, happiness. Income less than expenditure - result misery.\"\"  Talking to a financial planner might encourage you to spend less (though of course you just acquired a new expense, \"\"buying financial planning advice\"\"), just like joining to Weight Watchers might encourage you to eat less or exercise more. But in the end, it's you who have to take the action - other people can't do it for you.\""}
{"_id": "460067", "title": "", "text": "Just finished moving my Mother In Law from her 1500+ sq ft condo into 400 sq ft assisted living.  We had grandiose ideas of selling all the valuable antiques and furniture to help her financially.  Turns out no one wants it, for the most part.  Made a few hundred dollars for many hours of works from half a dozen people.  Ended up giving 80% of it to Goodwill/Salavation Army.  Even her $6000 fur coat was only worth $200.  Too much supply, not enough demand.    All I know is that my wife and I are now going through our stuff and getting it out of our lives so our son doesn't have to deal with it (in the *far* future, hopefully!)"}
{"_id": "460128", "title": "", "text": "\"Sorry buddy, you don't get to say you're wrong when your models are consistently proven inaccurate. It is demonstrative of a fundamental flaw in methodology.   If you want to throw around statistical anylaysis it behooves you to verify and critique those models.   &gt;hey, look at all these facts, well researched figures, and data that gets someone to this conclusion  I didn't say that. I said oh hey look someone trying to stand on Nate Silver's shoulders, as if his methodologies and analysys weren't the laughing stock of the previous election.   The other \"\"statistics\"\" was one poorly done histogram from a loosely related study offered as evidence to support an opinion piece.   That's what you don't get. You're bought into a world with a substantial cognitive dissonance and then you try to swing science around as if it supports your beliefs when it doesn't.  &gt;From your understanding of the processes, to random sampling, to what stastical models represent, to facts in and of themselves.  Explain to me how the methodology for an exit poll is substantially different from the methodology for a prediction poll, other than the obvious \"\"everyone is a likely voter.\"\"   That being said I think the numbers are representative of the voting trends ( the silver one, the other one is to small) from the exit polls because they don't get to play with the voter model, my critique is against the logical leap that one must be unintelligent or uninformed to have voted for Trump. There is no evidence for that. Only your ad hominem attacks.  The arguement is that those willing to manipulate their models to make a conclusion evident shouldn't be trusted to make reaching conclusions about the state of the electorate when they hold obvious bias.\""}
{"_id": "460146", "title": "", "text": "\"As someone who grew up in the restaurant business, I can vouch for your argument. Usually it goes like this:  1) Restaurant opens, has unique recipe / menu / whatever that works well 2) Restaurant expands 3) Recipe / menu / whatever is turned into a mass production model of its former self to match increase in scale = quality suffers for quantity (think grandma's homemade sauce after being \"\"streamlined\"\" through a PowerPoint presentation by a food consultant) 4) Restaurant goes to shit\""}
{"_id": "460166", "title": "", "text": "\"Well, as they state \"\"the decreases in median net worth appear to have been driven most strongly by a broad collapse in house prices\"\".  When you're caught holding an overvalued asset, was your previous worth really a true estimate? A better headline might be \"\"median family wealth corrected to true value after previous accounting errors found.\"\"\""}
{"_id": "460174", "title": "", "text": "\"this actually sound mature. If Anything, OP can admit that they just glossed over finance in accounting, but he is currently remedieng this but taking a proper grip on finances. the HR person might be impressed and keep OP on a \"\"prospective employees\"\" list. he can call every three monthts to check. he might get promoted to a position higher  when getting hired.\""}
{"_id": "460175", "title": "", "text": "Custom fields are limited to non-calculated values.  Read more here:  http://qbblog.ccrsoftware.info/2008/07/custom-fields-in-quickbooks/ To do this you will need an add-on.  I would reccomend CCRQInvoice, but only because its the only one I've tried and it worked.  More here (this is an order form example, but it works): http://ccrqblog.ccrsoftware.info/adding-calculated-fields-to-order-forms/ The product info is here: http://www.ccrsoftware.com/CCRQInvoice/InvoiceQ.htm"}
{"_id": "460180", "title": "", "text": "Be careful about your hard and fast rules. I'm flying first class in November because it was $1000 cheaper than flying coach, as bizarre as that sounds. I don't really know why the airline was pricing tickets the way they were (though the time I booked was when a hurricane was about to hammer florida + puerto rico and airlines were gouging people) because the tickets were for the exact same flight and there were very few seats reserved.  At best I would suggest you say that public employees / union reps should fly the most inexpensive option (though I'm sure the scenario I encountered doesn't happen often)."}
{"_id": "460187", "title": "", "text": "Why not combine CS and finance? It's a deadly combination! A few schools out there are offering degrees in Quantitative Finance. Check out Stevens Institute of Technology, they have a great program in the field (I'm currently an undergrad there and I love it)."}
{"_id": "460192", "title": "", "text": "Recommended by: casperpuss Springhill Group Counsellling  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy.  Posted Dec 10, 2011 People Also Love: counselling groups news spring hill Springhill Counselling Springhill Group Springhill Group Counselling Reply This is: smart funny useful Recommended by: cheekyfreak Recent Articles   Springhill Group Counselling  November 29, 2011  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and [...]  Posted Dec 6, 2011 Reply This is: smart funny useful Recommended by: jericktiu First to recommend  Recent Articles   Springhill Group Counselling  November 29, 2011  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and [...]  Posted Dec 3, 2011"}
{"_id": "460193", "title": "", "text": "In most countries trading platforms are legally required to be overseen by a regulator, in the US this is the SEC (Securities and Exchanges Commission). This regulatory oversight is required in order to operate (i.e. have clients) in that country and the company will lose the right to operate in that country if they do not comply with the regulations. If you believe that you have genuine cause to complain that a trading platform that you are using within your jurisdiction is behaving unfairly towards you you can report this to the regulator and they will investigate so long as you can provide them with some concrete evidence. Note that in many jurisdictions gambling websites are also regulated (they are in the UK for example) and so arguments about their fairness are specious. A big problem with a lot of these complaints is that people who lose money are very vocal about blaming everyone else, people who make money are very vocal about their own amazing skills... think about that!"}
{"_id": "460196", "title": "", "text": "You are right, it is a Ponzi scheme unless it pays all of the profits as dividends. Here's why: today's millenials are saving a lot less, and instead they choose to be spenders. It's just that their mentality is different. If the trend continues there will be more spenders and less savers.  That means that in 20 years from now, a company might sell more and make more profits, but because there are less investors on the market it will worth less (judging by supply and demand this has to be true).  Doesn't that seem like a disconnect to you guys? Doesn't that just prove that all those profits are not really yours, but instead you're just sitting on the side making bets about them? If I own a company from the point where it goes public and while the value goes up I hold on to it for 50 years. Let's say for 45 years it made tons of profits but never paid a cent in dividend, and then in 5 years it goes out of business. What happened to all the profits they made throughout the 45 years?  If you owned a restaurant that made a profit for 45 years and then went bankrupt you are fine, you took your profits every year because why on earth would you reinvest 100% of the profit forever? But what if you could sell 49.9% of that restaurant on the stock market, get all of that IPO money and still keep all of the profits while claiming that you reinvest it forever? That's exactly what they do! They just buy expensive things for personal use, from fancy cars to private jets, they just write it down as an investment and you can't see what the money was spent on because you are not a majority stakeholder, you have no power. It was not like this forever, companies used to pay all of their profits in dividends and be valued according to that. Not anymore. Now they are just in it for the growth, it will keep growing as long as people keep buying into it, and that's the exact definition of a Ponzi scheme."}
{"_id": "460207", "title": "", "text": "C\u00e0 Gai Leo Sadu s\u1ea3n ph\u1ea9m \u0111\u01b0\u1ee3c s\u1ea3n xu\u1ea5t b\u1edfi c\u00f4ng ty C\u00f4ng ngh\u1ec7 cao Th\u0103ng Long. Hi\u1ec7n t\u1ea1i C\u00e0 Gai Leo Sadu \u0111ang ph\u00e2n ph\u1ed1i nh\u1eefng s\u1ea3n ph\u1ea9m ch\u00ednh nh\u01b0: Cao C\u00e0 Gai Leo Sadu, C\u00e0 Gai Leo Ho\u00e0 Tan Sadu, C\u00e0 Gai Leo Tr\u00e0 T\u00fai L\u1ecdc Sadu, C\u00e0 Gai Leo Kh\u00f4 Sadu. V\u1edbi quy tr\u00ecnh s\u1ea3n xu\u1ea5t kh\u00e9p k\u00edn \u0111\u1ea1t ti\u00eau chu\u1ea9n d\u01b0\u1ee3c ph\u1ea9m s\u1ea1ch c\u00f9ng c\u00f4ng ngh\u1ec7 ti\u00ean ti\u1ebfn. S\u1ea3n ph\u1ea9m c\u00e0 gai leo Sadu \u0111ang \u0111\u1ea1t m\u1ee9c d\u01b0\u1ee3c t\u00ednh t\u1eeb 0,2-0,273 m\u1ee9c d\u01b0\u1ee3c t\u00ednh cao nh\u1ea5t hi\u1ec7n nay. M\u1ecdi th\u00f4ng tin li\u00ean h\u1ec7 mua C\u00e0 Gai Leo h\u1ed7 tr\u1ee3 \u0111i\u1ec1u tr\u1ecb b\u1ec7nh v\u1ec1 Gan xin theo email: info@cagaileosadu.com.vn."}
{"_id": "460215", "title": "", "text": "This is for my final project in my international business major. I'm looking at country of origin effects on whiskey and whiskey regions. If you have the time, please take the survey. You don't need to know anything about whiskey. In fact I need more people with less knowledge of whiskey as I've got a lot of responses from /r/whiskey already.  I know this might not exactly fit this subreddit as it's not news, but it is business related. And I'm happy to provide the results of the survey for those interested! (Though only this survey, I can't release my final report due to confidentiality agreements with some distillers I've interviewed.)"}
{"_id": "460225", "title": "", "text": "\"You will definitely want to look into odd jobs, if possible. I'm sure this sounds patronizing, but the biggest problem you have right now is your credit card debt, most likely at very high interest rates. You said you have enough to \"\"make your payments\"\", but you didnt specify what that meant. Are you making the minimum payments only?   If you're only making the minimum payments, you'll want to really find SOME way to scrounge even an extra $50 together each month (odd jobs specifically. You might also want to try mturk, where you get paid to fill out surveys). You see, by making only the minimum payment, you are actually probably only putting a few dollars at all to principal. Most of the rest went to last month's interest charges.   The best thing to do is lay out each card and what the interest rate is. You have 9 of them, so this seems like a bit of a task.  The first step is to identify which card has the HIGHEST interest rate. There are two things you can do then. You either throw every extra penny you have at that specific card, OR, you find some way to move that balance to your LOWEST interest rate card.   In all cases, your goal is to move debt from the high-interest rate cards to the low interest rate cards. Once you can't move debt around anymore, your goal then is to pay only the minimums on all the low-interest rate cards, and put EVERY SINGLE SPARE PENNY you have towards the higher ones.   If you don't mind me asking, can you outline all 9 cards and how much you owe on each, adn what each's interest rate is?  It's possible you don't know, and that's problem one. If you don't know the interest rate of each card, then you don't even really know which card you should be paying off first.   Edit: How miuch do you spend on food a month? If you were really really determined to get over this, you'd basically just eat rice and beans, or buy nearly-bad bananas and eggs. These are the cheapest foodstuffs you can find.\""}
{"_id": "460230", "title": "", "text": "Market capitalization is one way to represent the value of the company. So if a company has 10 million shares, which are each worth $100, then the company's market capitalization is 1 billion. Large cap companies tend to be larger and more stable. Small cap companies are smaller, which indicates higher volatility. So if you want more aggressive investments then you may want to invest in small cap companies while if you lean on the side of caution then big cap companies may be your friend."}
{"_id": "460241", "title": "", "text": "\"Or it could be a Robinhood user just messing around with their free commissions. I've seen \"\"people that work for organizations\"\" and other analysts go crazy over some completely benign activity. It is like playing poker with a newbie, unpredictable.\""}
{"_id": "460246", "title": "", "text": "\"*While the politicians delay dealing with the stickier issues of immigration reform, surely they could get together on abolishing the limits on H1b visas for young educated foreign workers.*  Yes, surely they could get together on abolishing the limits on H1b visas for YOUNG educated foreign workers and thereby throw even more older tech workers out of work. As you can see from the first graph and table at http://econdataus.com/h1binfo.htm , the top 11 users of H1b visas in 2013 were companies heavily involved in outsourcing. And as you can see from the third graph and table at http://econdataus.com/h1binfo.htm , over 80 percent of initial H-1B hires are under 35.  Few of those high tech firms pushing to increase or abolish the limits on H1b visas even suggest that we need have any concern for U.S. workers. Perhaps workers and other citizens should reward those tech companies by giving them a taste of their own philosophy. Ignore any suggestion that we give any deference to tech products made in the U.S. and buy only foreign products. That will help build the foreign competition, giving those foreign workers places closer to home at which they can work. That may dry up the supply of cheap foreign labor and cause U.S. companies to treat their U.S. workers a little better. And, to paraphrase the pro-H1b philosophy, why should we buy a product made in the U.S. when a \"\"more qualified\"\" one is available from a foreign country?\""}
{"_id": "460262", "title": "", "text": "At revscheck.report, get your boat HIN number and other vehicles VIN number check report at minimal price in NSW, OLD, SA and WA region. We provide government approved PDF report of second hand vehicle which include complete details include loan history."}
{"_id": "460270", "title": "", "text": "All the things you suggest are good, but I think like everything else the key is practice.  Study some topics, then try them out.  There are many many sites out there that have free or cheap virtual trading."}
{"_id": "460271", "title": "", "text": "\"To explain why you have to be 18: If you are not 18, then any contract that you sign can be voided (made invalid) by either you or your parents. So it would be completely legal for you to go to the bank, ask for a $1000 loan, and for the bank to give you the loan. But then you could spend the money, and tell the bank \"\"sorry, I changed my mind, I don't want that loan, and sorry again, but the money is gone\"\". At that point, there would be nothing the bank could do to get their money back.  Obviously, banks don't like this, so they won't lend you money.\""}
{"_id": "460279", "title": "", "text": "An inbound call centre service involves handling incoming calls made by the pre existing and new clients regarding queries or placing orders of the products being promoted. Outsourcing inbound call centre services give the organizations enough time to focus on the core functions of the companies, concentrate on expanding the businesses &amp; reaching to targeted market that directly or indirectly leads to profits."}
{"_id": "460286", "title": "", "text": "Weight Loss Supplements contains all the essential products for you to start losing weight and getting fit. The most common when choosing a vegan diet is for ethical reasons, to care for the environment or to improve health, although the latter may not be sufficiently informed. Getting down or toning involves losing weight and gaining muscle, to get the body you've always wanted - and our VEGAN WEIGHT LOSS SUPPLEMENTS are the perfect starting point for anyone. Usually a vegan does not agree with how the meat industry works or how animals are farmed on farms to produce milk, eggs etc. And try to make the food industry friendlier to animals."}
{"_id": "460296", "title": "", "text": "To be fair, making a twitter-esque website so people can talk, and actively hacking an election are two very different, and incomparable situations.   I'm not saying what we did is okay, because it isn't. But there's orders of magnitude of difference there that you're ignoring."}
{"_id": "460301", "title": "", "text": "I'v actually heard of this before, the idea is that you gamble across the spread. Most of these have a place in a risky asset class in portfolios. Think of it as the little bit of crack you do on the side of your vanilla life."}
{"_id": "460308", "title": "", "text": "Finance noob here.  Am I reading the article right that he's saying MPT bad, active management good?    If so, what is that saying about how I should manage my portfolio (assuming I am only dedicating a few hours a month)?    &gt;he suggests that if you don't have an edge, no one needs to play the game  So what do I do then? Are there specific strategies?  Also, could you suggest a good explanation of why MPT is bad?"}
{"_id": "460317", "title": "", "text": "This would literally have changed nothing about the shikreli situation. That was a manufacturer, Amazon has obtained licences to be a middle man (buy from mfgr at mfgrs price and sell to pharmacies and potentially direct to consumer though they need additional licences for that.)"}
{"_id": "460323", "title": "", "text": "I can understand if people think I'm showing off. I'm not trying to and I'm extremely sorry if it seems like I am. Trust me, my Beta is probably much larger than it should be relative to my returns. However, I think I can keep the pace up but I just didn't know if this was too short of time to try and make a decision off of or not"}
{"_id": "460325", "title": "", "text": "Recommend using quickbooks for account management. If you use the manufacturing and wholesale you can track POs from vendors, estimates, bill payment quotes and invoicing (there's an editor to customize your set up)Also, most accountants are very familiar with this platform so come tax time they'll be able to give you a hand no problem. For accepting payments I highly suggest asking for checks. If you do accept credit cards keep in mind most  payment processors charge a percent (1.5-3%) depending on transaction amounts and quantities of transactions. So you'll want to mark up your products by at least that amount.   Another area is sales tax. Since you are not the end user you should be able to avoid sales tax on the items you will be selling to customers. You then charge the customer this sales tax. Not sure about NJ but in Texas we are 8.25%. I then pay the state of Texas the taxes collected quarterly.   Edit: also make sure you have separate finances for the LLC. Separate checking, separate credit card, separate everything! If you end up using an account that is tied to you personally then you run into the risk of losing the protective nature of an LLC from a legal standpoint.   Edit2: by separate I mean using your IRS issued EIN number to open accounts with the LLC name. When you sign anything on behalf of the company make sure to add the name of the company next to it to show the company is making the signature not you. For instance   u/sexlessnights Company name, LLC"}
{"_id": "460328", "title": "", "text": "Regardless of opinions on the subject matter, this is not an appropriate thing to do at work.  Edit: I'm not denouncing the act of voicing concerns; rather, I'm saying that posting a lengthy dissertation which runs counter to the company's public stance on diversity while said company is embroiled in a federal investigation regarding possible pay biases is not appropriate."}
{"_id": "460331", "title": "", "text": "It means it's estimate and not final numbers and generally used for future years"}
{"_id": "460341", "title": "", "text": "There's no best strategy. Options are just pieces of paper, and if the stock price goes below the strike price - they're worthless. Stocks are actual ownership share, whatever the price is - that's what they're worth. So unless you expect the company stock prices to sky-rocket soon, RSU will probably provide better value. You need to do some math and decide whether in your opinion the stock growth in the next few years justifies betting on ESOP. You didn't say what country you're from, but keep in mind that stock options and RSUs are taxed differently and that can affect your end result as well."}
{"_id": "460347", "title": "", "text": "As has been pointed out, one isn't cheaper than the other. One may have a lower price per share than the other, but that's not the same thing. Let's pretend that the total market valuation of all the stocks within the index was $10,000,000. (Look, I said let's pretend.) You want to invest $1,000. For the time being, let's also pretend that your purchasing 0.01% of all the stock won't affect prices anywhere. One company splits the index into 10,000 parts worth $1,000 each. The other splits the same index into 10,000,000 parts worth $1 each. Both track the underlying index perfectly. If you invest $1,000 with the first company, you get one part; if you invest $1,000 with the second, you get 1,000 parts. Ignoring spreads, transaction fees and the like, immediately after the purchase, both are worth exactly $1,000 to you. Now, suppose the index goes up 2%. The first company's shares of the index (of which you would have exactly one) are now worth $1,020 each, and the second company's shares of the index (of which you would have exactly 1,000) are worth $1.02 each. In each case, you now have index shares valued at $1,020 for a 2% increase ($1,020 / $1,000 = 1.02 = 102% of your original investment). As you can see, there is no reason to look at the price per share unless you have to buy in terms of whole shares, which is common in the stock market but not necessarily common at all in mutual funds. Because in this case, both funds track the same underlying index, there is no real reason to purchase one rather than the other because you believe they will perform differently. In an ideal world, the two will perform exactly equally. The way to compare the price of mutual funds is to look at the expense ratio. The lower the expense ratio is, the cheaper the fund is, and the less of your money is being eroded every day in fees. Unless you have some very good reason to do differently, that is how you should compare the price of any investment vehicles that track the same underlying commodity (in this case, the S&P 500)."}
{"_id": "460348", "title": "", "text": "The website likely has no differentiation. I am hoping, however, the service does.   I'm not looking to break down a fledgling business plan, I am just looking for information on how and where to build or buy a website that performs thusly:  Company creates account and posts the service they can provide, Consumer applies for said service, I deal with some required middle-man work which is at the cost of the consumer."}
{"_id": "460353", "title": "", "text": "No.  In good years, the income seems free. In a down year, particularly a bad one, the investor will be subject to large losses that will prove the strategy a bad one.  On the other hand, one often hears of the strategy of selling puts on stock you would like to own. If the stock rises, you keep the premium, if it drops, you own it at a bit of a discount from that starting point."}
{"_id": "460357", "title": "", "text": "\"Tell them you will not loan them any more money until their existing debts are paid off. This is closer to how the real world works and it won't come across as vengeful or like your changing your initial \"\"contract\"\". If they protest, lovingly tell them that your money is not their money, and that an interest free loan from their father is a privilege, not a right. As far as charging interest on your loans, go for it! Charge them 5% or something small. Just don't do it on the existing loans or that will come across as changing your initial \"\"contract\"\" again, and perhaps once they've proven themselves to be reliable borrowers they can once again earn the privilege to have an interest free loan. The book \"\"The Millionaire Next Door\"\" has really good thoughts on this in its section on Economic Outpatient Care.\""}
{"_id": "460373", "title": "", "text": "Chaos theory is two essays combined as a book. It's short.  You could probably read the whole thing in under 2 hours.  Also [here is a print version](http://www.daviddfriedman.com/Libertarian/Machinery_of_Freedom/MofF_Chapter_29.html) of David Friedman's theory.  I do have a longer, more detailed explanation, but it's in video form (about an hour)."}
{"_id": "460376", "title": "", "text": "I can think of a several reasons:"}
{"_id": "460398", "title": "", "text": "A somewhat provocative (but not unserious) proposal: Rent, don't buy a house to live in. In 2007/8, the thing that got many people in deep trouble is their mortgage. It's not a productive investment but a speculative bet on what was in fact a bubble and a class of assets that is notoriously slow to recover after a slump. Before thinking about your savings or buying into silly ideas about gold, you should realise that as a middle class worker, the biggest risk after a crisis is losing your job. Renting your accommodation means being able to downgrade or move very quickly and not being forced to sell a house at the worse possible time. If you really do need to liquidate some of your investments at a bad time, having a more diversified portfolio means that you are not losing everything to meet some short-term obligations. Assuming you're in the US, this means forgoing some nice tax advantages that might be too tempting to resist (I'm not so I am basing this on what I read on this site) but, bubbles aside, there is nothing that makes real estate a particularly good investment as such, especially if you also live in the house you're buying. You might very well come out on top but you expose yourself to several risks and are less prepared to face a crisis."}
{"_id": "460401", "title": "", "text": "\"You could debate the \"\"why\"\"s of tax policy endlessly. There are lots of things in tax law that I think are bad ideas, and probably a few here and there that I think are good ideas. I am well aware that there are things that I think are good ideas that others think are bad ideas and vice versa.  To your specific point: I suppose you could say that having a place to live is a necessity. But most people do not live in the absolute minimum necessary to give them a place to sleep and protection from the weather. You could survive with a one-room apartment with a bed on one side and a toilet and some minimal cooking facilities on the other. Most people have considerably more than that. At some point that's luxury and not necessity. And if you want to push it, you COULD live in a cardboard box under a bridge, you don't NEED a house or apartment to survive. Personally I think it's absurd that as a home-owner I get a deduction for my mortgage interest, while if someone were to rent an identical house with a monthly rental equal to exactly the same amount that I am paying on my mortgage, he would receive no deduction. The stated goal of that one was to encourage home ownership. But people who own homes are generally richer than those who rent, so the net result is that the poor are paying higher taxes to help subsidize the homes of the rich. And then the rich congratulate themselves on how they are giving these tax breaks to help make housing more affordable for poor people. To reiterate @keshlam, tax laws only makes sense when understood politically. Yes, some people have fine ideas about what is fair and just. Others simply want tax breaks that benefit their business or people with tough financial situations that just happen by chance to resemble their own. Many of the people with noble ideas have little concept of what the implications of the policies they push are. Many of the ideas that some people view as worthy and noble, others view as frivolous, counter-productive, or even evil. Then you mash all these competing groups and interest together and see what comes out.\""}
{"_id": "460402", "title": "", "text": "This is literally the worst article ever.  First dividends are not guaranteed, and the higher the yield the higher the risk for a dividend paying stock. When buying a stock that pays dividends make sure they have the cash flows to cover it long term.  Utility stocks are interest rate sensitive. If we head into a period of high interest rates, utility stocks are going to underperform, if not get killed.  Exchange traded funds can be extremely risky, and some have much higher fees than mutual funds.  Variable Annuities should never be purchased unless you have exhausted all other tax deferred strategies, and then probably still to be avoided because of high fees.  Money markets and CDs aren't really investments. They're a cash alternatives that May not keep up with inflation."}
{"_id": "460425", "title": "", "text": "\"&gt; it\u2019ll be a matter of time before we go public, and we\u2019re borrowing money to pay our shareholders, and new people are investing. And there\u2019s also created debt, and we have to pay back that debt,\u201d said Linehan, the manager in Tilton.  Sounds like they are getting ready to use Starve the Beast tactics. \"\"Oh my! We have all of this debt. We're are going to have to make some cuts! People will lose jobs otherwise!\"\"\""}
{"_id": "460453", "title": "", "text": "Listen, I didn't say I had black friends, said I had off-color friends.  But, I do have a couple black friends although not as many as brown and yellow ones.  I really don't make note of the fucking colors though, I could care less. It matters who they are, not their color. Why are you so racist? Look past the colors. Look past CNN Fake News. Look past the hate. Don't be a hater!  The big question here is, why do you have so much hate in you? Let's talk about that. Maybe you can be more forthcoming about that."}
{"_id": "460457", "title": "", "text": "In my mind, when looking at a five year period you have a number of options. You didn't specify where you are based, which admittedly makes it harder, to give you good advice. If you are looking for an investment that can achieve large gains, equities are impossible to ignore. By investing in an index fund or other diverse asset forms (such as mutual funds), your risk is relatively minimal. However there has historically been five year periods where you would lose/flatline your money. If this was to be the case you would likely be better off waiting more than five years to buy a house, which would be frustrating. When markets rebound, they often do it hard. If you are in a major economy, taking something like the top 100 of your stock market is a safe bet, although admittedly you would have made terrible returns if you invested in the Polish markets. While they often achieve lower returns than equity investments, they are generally considered safer - especially government issued bonds. If you were willing to sacrifice returns for safety, you must always consider them.  This is an interesting new addition, and I can't comment on the state of it in the United States, however in Europe we have a number of platforms which do this. In the UK, for example you can achieve ~7.3% returns YoY using sites like Funding Circle. If you invest in a diverse range of businesses, you have minimal risk from and individual company not paying. Elsewhere in Europe (although not appropriate for me as everything I do is denominated in Sterling), you can secure 12% in places like Georgia, Poland, and Estonia. This is a very good rate and the platforms seem reputable, and 'guarantee' their loans. However unlike funding circle, they are for consumer loans. The risk profile in my mind is similar to that of equities, but it is hard to say. Whatever you do, you need to do your homework, and ensure that you can handle the level of risk offered by the investments you make. I haven't included things like Savings accounts in here, as the rates aren't worth bothering with."}
{"_id": "460459", "title": "", "text": "\"Wealth trickles up, they tend to concentrate only on a few entities. This is the nature of competition and the free market, there will be 90% losers and 10% winners who produce 90% of the world's demand. It's human nature, we tend to only buy from \"\"the few trusted-by-many\"\" producers, the \"\"superstar\"\" so-to-speak, or the \"\"unicorns\"\" as wall-street investors would like to call them.  Taxing the rich to give to the poor, those money go back to the rich! It will not do much after the initial euphoria of \"\"Oh hey, I have more money! Now I can buy more stuffs\"\" from the poor. Might give politicians some vote, but after a while, we'll be right back where we were \"\"should we tax the rich more ?\"\"\""}
{"_id": "460491", "title": "", "text": "\"Bernie sources: http://www.npr.org/2016/02/12/466465333/sanders-favors-a-speculation-tax-on-big-wall-street-firms-what-is-that http://www.marketwatch.com/story/what-would-bernie-sanders-wall-st-tax-look-like-2016-02-14 http://www.politifact.com/truth-o-meter/statements/2016/apr/04/bernie-s/bernie-sanders-says-wall-street-tax-would-pay-his-/  &gt; Heading out to open land to make your society in your image would definitely prove your point, as long as it works.  And do that how? Buy my own island? Sea-stead and hope the US military doesn't just drop a seal team on my head?  &gt;We just have plenty of evidence that no government is less so.  No, we really have evidence that structure is better than nothing. I'm not advocating for no structure. Businesses/Charities/Organizations/Etc. obviously work better when they are well structured.  To answer your Enron example, no corporation would have enough power to actually do something like that if they didn't have at least partial backing by the government.   You know the drill, big business buy politicians (\"\"contributions\"\"), politicians write big business laws (Anti-competitive to push small guys out). Then when big business needs additional help, politicians come in to save the day (bailouts).  The market would be extremely more competitive if for example the Dodd frank act which to my understanding the repeal just recently passed the house went away. It has been choking community banks, just like Glass-Stegal did. It essentially only allowed the big banks to compete, surprise they did some stupid things (Great Recession) But if you don't think they didn't already know that they those bailouts were coming if needed, you are fooling yourself.  These messages are almost getting to the point of TLDR.  I want to simplify our debate a bit.  The crux of my whole belief is this: The only way for a government to spend their citizens money in a better way than the citizens could would be if the government knew the utility of every single citizen. It is absolutely impossible to do that. The only people that truly know their own utility from something is them self.   From here on I would like to debate the headlines like what I wrote above and not necessarily bullet points. We can every now and then but I find that we then start working on tangents of tangents of tangents and can get a little messy.  However, I do not want to leave the current stones unturned with your response.  I would say that if it was privatized, you are not going to have scope creep, at least not to the same extent. Say we have the LA militia that is wanting to help protect their ports, they want to help develop a new boat that is fast and can help maneuver around big ships quickly, like a better version of the new Mark Patrol boat.  That money is their money directly, or the peoples money who they've asked to voluntarily give their money up to help protect their area.  If they screw up and start asking for above necessary stuff or pick a developer who wastes their money, etc. They are going to lose \"\"business\"\", they will stop getting donations, lose profit, etc.  However, the government doesn't have that. Why? Because their revenue/donations aren't voluntary. There really isn't accountability, especially in bureaucracy.   To the exchange/stock problem: I would say that exchanges are private businesses too. They should have full reign on whether they allow trades. If they believe that there is an unnecessary selloff because of a fake tweet saying that President has been shot, they can stop that. If fact, it would be in there best interest to do so because it could limit unnecessary investor losses.  It is unfortunate that the whole world is covered with governments. I wish there was another Western Hemisphere to populate and try new ways with.  However, I would say that there is a clear shift away from government is society.  A few examples, the driverless car. Elderly people and people who are disabled will be able to rely on the government less for transportation. Additionally, assuming everyone will eventually have a driverless car, there will be much less demand for traffic cops/ambulances/etc.  Cryptocurrency/Noncash: As there are now more and more businesses that stop accepting cash (mainly starting with change), there will naturally be less robbers, because there is no money to steal (you could make the argument that there will be an increase in cyber theft, which I agree but not on a 1:1 ratio of the decrease in physical robberies), this decrease will help also lessen the demand for police officers.  Package delivery: If it wasn't for the post office monopolizing their ability to deliver letters and using mailboxes, they would have gone broke a long time ago. Imagine Amazon, DHL, UPS, Fedex, etc all competing to deliver you letter. I'm assuming that it would be less than the cost of a current stamp and with a lot more assurance that it will actually get to its destination.  Those are just a few examples\""}
{"_id": "460494", "title": "", "text": "No, you can also become more senior within the firm. It's not a board (of directors), it's just committees. Junior people (analyst/associates) screen deals and present it to senior people (VPs, directors) and if they think the deal should go ahead then even more senior people (MD/partners) will look at it and make the final decision. But such processes obviously depend on the firm..."}
{"_id": "460498", "title": "", "text": "\"I don't think you're missing anything on the math side as far as the payments.  Likewise, it may seem everyone's driving a nicer car, but I'm going to predict that's based on area and a few other factors (for instance, my used car feels like riches in a college town).  The behavior of why people would pay money, especially with high interest debt, for something is a little different. To explain the behavior behind people who purchase luxury cars: for some people, a car is a purchase that they value, similar to a person valuing the clothes they wear, the house they live in, or the equipment they buy and either borrowing or paying full price on an expensive car is worth it to them.  We can call it a status symbol dismissively and criticize the financial waste without realizing, \"\"Wait, this is something they value\"\" like a rare book collector likes rare books (would a rare book collector pass on borrowing money if it meant a once-in-a-lifetime rare book purchase opportunity?). Have you ever felt, \"\"Wow this is cool/awesome/amazing\"\" with something?  Basically, that's how many of them feel toward these cars.  As much as I'd love to say they're only doing it for status (because I'm not a car person), that's actually somewhat de-humanizing and the more I've met people like this, the more I've realized this is their \"\"thing\"\" and to them it's totally worth it (even with all the debt).  I have no doubt that there's a percentage of them who truly may be misled - maybe they don't realize the full cost of borrowing money or leasing.  Still, for those who don't care the full cost, that's because it's their thing.  We can all agree that it's still not wise to do financially (borrow on a luxury vehicle), and it won't change that some people will do it.\""}
{"_id": "460507", "title": "", "text": "However, it is always better to hire professionals for promotional video production. They are well versed with techniques, angles, and other know-how of excellent video creation. They are apt in creating videos that completely engage the audience. You can use these videos for your business promotion on various social media sites like YouTube, and others."}
{"_id": "460520", "title": "", "text": "If the implication is that she destroyed Yahoo, I have written in this piece that she has saved Yahoo from the inevitable painful death. Search and online advertisement business is a monopolistic business dominated by google (https://goo.gl/MTEvFp). Yahoo never had a real chance in the market to survive on its own. Marissa did an excellent job at Yahoo to stabilize the business and shift it away from Jerry Yang's misguided investments and bets (https://goo.gl/ufmYsw). I am certain that Marissa will make a great CEO for Uber, and help Uber survive the current severe head-winds the company is facing."}
{"_id": "460530", "title": "", "text": "To focus on your question.. pay it off then trade in. The reason is because say you just have 14k laying around and buy a car for 14k, you must pay 14k plus tax. If you are in one of the states that allows the tax break, then trading the 14k valued vehicle in for a 14k vehicle will nullify your sales tax. As per your question, if you traded the car in at 7k, you would then owe 7k plus tax. You only have 7k..so how would you pay for the tax and why would you want to? Pay off the car and you'll have 14k of tax free off any car."}
{"_id": "460548", "title": "", "text": "The loan agent surely knows that having a combination of loans greater than the value of the property (less some margin) is illegal, but also impossible.  Your first mortgage, mechanic's liens, tax liens, and so forth are a matter of public record.  In most states the records can be viewed online, by anyone, for free. The title search prerequisite for getting the second mortgage looks beyond the low hanging fruit for things like aborigines claims for parcels of land that include your property.  The loan agent is trying to sell you a home equity line of credit. Almost everyone gets one after building up some equity.  There's often no closing cost and it's not necessary to ever use it.  Keep it for emergencies."}
{"_id": "460577", "title": "", "text": "Once you've made a good-faith effort to straighten the situation out you've done all you can do. Cash the check."}
{"_id": "460580", "title": "", "text": "\"Spain is one of the most socialists states in Europe. I know because I live here. You are totally correct that the former owners broke it, what you are not right about is that they were private. Caja Madrid was a special partnership between the local governments and some private parties. All the \"\"cajas\"\" in Spain were set up that way and all had government representatives in their boards.  EDIT: I just checked and turns out Caja Madrid, which represents 50% of Bankia, was 100% owned by the Madrid local government. The rest of the 50% of Bankia was formed with other \"\"cajas\"\" which were partly or completely owned by their local governments as well.  Also is worth noting that the spanish private banks are also in trouble and have survived only because of the liquidity provided by the ECB, but they are not even close to the level of bankruption that the \"\"cajas\"\" have achieved.\""}
{"_id": "460591", "title": "", "text": "With set targets and work analysis of each team member, there's no room for ambiguity or assumptions. Work needs to be regularly submitted for review and excuses won't work if you have already placed a clear picture in team meetings. Ignoring problems (both personal and professional) will only intensify them so find the root cause and move ahead. As a team leader remain motivated and set an inspiring example for the rest of the team to follow suit.  Find commercial office space for rent, meeting room space for rent , conference rooms on rent. Many options available for training spaces, co-working spaces and shared office spaces in Mumbai, Hyderabad, Pune, Bengaluru, Gurgaon, Noida &amp; Chennai"}
{"_id": "460592", "title": "", "text": "Perth Ceiling Fixers is the best possible destination for you if you are searching the internet for a highly reliable Perth-based ceiling repair service. Get in touch with us today and avail exciting offers by calling us. Check out our website to know more about our services."}
{"_id": "460608", "title": "", "text": "\"An annuity makes sense in a few different scenarios: In general, they are not the best deal around (and are often ripoffs), and will almost certainly be a bad deal if pitched by a tax preparer, insurance salesman, etc.  Keep in mind that any \"\"guarantees\"\" offered are guarantees made by an insurance company. The only backing up of that claim in the event of a company failing is protection from your state's Guaranty Association. (ie. not the Feds)\""}
{"_id": "460613", "title": "", "text": "I guess most banks will not have an issue with that arrangement. The bank take collateral in the house for the amount your girlfriend needs to borrow, from her part of the house. Most likely the bank will accept the house' value as what you pay for it, assuming you pay fair market value - otherwise they will contact a valuation company to put a value of your new house. If they feel that her share of the house (50%) can cover her loan, they will definitely agree with the deal. You being a foreigner will, probably, have little to say in the matter, as long as you do not need to borrow money for your share of the house."}
{"_id": "460643", "title": "", "text": "This fortune article is referenced in his either 2003 or 2004 annual report in which he does say that the market will not likely return much in the future and generally talks numbers. I am also a value investor, such that I can be in this environment and believe there is a bit of value in knowing where you think the market is headed but the real value is in underwriting each deal. In long, I agree with you"}
{"_id": "460648", "title": "", "text": "But there's a difference freelancing for your craft and managing people to so similar tasks.  Sometimes you just want the flexibility of working for yourself and you enjoy mastering the craft.   Not everyone's end game is more money.   If marketing and sales are not your strengths, yet you still have a steady stream of future clients, or can pick some up when you need to...why over complicate things?  When I first started out many moons ago, there was a contract programmer working at one of my first jobs.  He worked 6-9 months a year, and then traveled and relaxed the rest.  The summer I met him he was going to complete visiting every National Park in the US; sounds like a nice goal to me :)"}
{"_id": "460654", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://aeon.co/essays/how-did-usury-stop-being-a-sin-and-become-respectable-finance) reduced by 96%. (I'm a bot) ***** &gt; So just when and how did most bankers stop seeing their work in moral terms?  &gt; In his Divine Comedy of the 14th century, the Italian poet Dante Alighieri put the usurers in the seventh circle of Hell; in the case of Reginaldo Scrovegni, one Paduan banker singled out by Dante, his son ended up commissioning a chapel painted with frescoes by Giotto to expiate the family&amp;#039;s sin.  &gt; So what would the Scholastics make of modern finance? Would they admire how efficiently a family&amp;#039;s savings can find productive uses? Or would they decry how developing countries pay more to borrow than rich ones? Would they marvel at our banks&amp;#039; international reach? Or would they condemn how poor people pay for banking services such as checking accounts that rich people get for free?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mhfiw/how_did_usury_stop_being_a_sin_and_become/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~164022 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **interest**^#2 **money**^#3 **usury**^#4 **people**^#5\""}
{"_id": "460671", "title": "", "text": "What makes you think Samsung is going to topple Apple? The way things are going I'd say Xiaomi is more likely (still wouldn't bet on it). Samsung's market share looks nice but their product is a commodity, Apple's isn't."}
{"_id": "460674", "title": "", "text": "My cousins bought a gas station, their lives have been shitty ever since. However they dont have a convenience store which is where all the money is at apparently. The father bought it for 600k, land and all. Supposively he thought it was worth over a mil due to the land valuation. The business operations standpoint is that they make minimum wage."}
{"_id": "460675", "title": "", "text": "Does anybody here have experience with company songs?  I just can't relate to this article.  I have no particular loyalty to my employer - but nor do I bear them ill will.  They compensate me fairly for doing work that I mostly enjoy.  I can't imagine being asked to sing a company song.  When I work extra hours, I do it for the love my craft, not for the love of my company.  Also, as a salaried employee, it is my job to complete certain tasks.  I understand that this may occasionally entail night or weekend work.  However, if this happens too frequently, it is my responsibility to escalate to my management so that my tasks can be prioritized.  Consistent and unending night and weekend work is just a recipe for burning people out and reducing overall long-term productivity."}
{"_id": "460699", "title": "", "text": "Those are some of the least useful regulations. Kills legitimate market making function in less liquid transactions.  The whole of the regulatory framework should have been leverage, capital and liquidity testing for too big to fail banks. The rest of the rules are overkill and compliance jobs bills. Unless your a compliance professional working in these fields you won't even notice."}
{"_id": "460706", "title": "", "text": "Swimming clubs exist.   Treat it as a start up business and it's easier to figure out.   Once you know about what people are willing to pay to join you know about how much you can spend.   Our family business invites tenants to use a private pool located at one of our properties. We maintain the facility and have appropriate signs posted and a balloon insurance policy specifically for the pool. In 1975 the pool cost 25,000 to install and we spend about $5000-$6000 to operate and heat it each season.   The downside is that there is likely a lot less support for the idea than you think. You're going to have to limit access to it with a membership and that's going to be a pain to figure out because it will almost certainly require an employee or a very expensive electronic access control.  You can't really open it up to the entire community without some sort of contract or no one has an incentive to pay. Every time a home sells in the community you either lose a customer or gain a headache if you don't have some sort of deed restriction or membership fee."}
{"_id": "460711", "title": "", "text": "Having some trouble in accessing the internet from certain areas of your home such as pool side area? To fix this issue, buy a Linksys extender from the market and the problem is resolved. Linksys Extender setup is easy if you setup through installation CD."}
{"_id": "460717", "title": "", "text": "I suppose if it's been raining, I'd swap my tires for some nice CX tires, but really.. my road tires can handle a bit of mud. I mostly don't go near them in the rain (only a couple of months of the year around here) because they're on top of big hills and I don't trust my skills descending the roads to/from them in the rain/on wet pavement."}
{"_id": "460721", "title": "", "text": "\"Assuming you are paying into and eligible to collect regular Employment Insurance benefits for the job in question, I don't see how owning a side business would, by itself, affect your ability to participate in the workshare program.  Many people own dormant businesses ($0 revenue / $0 income), or businesses with insignificant net income (e.g. a small table at the flea market, or a fledgling web-site with up-front costs and no ad revenue, yet ;-) I think what matters is if your side business generated income substantial enough to put you over a certain threshold. Then you may be required to repay a portion of the EI benefits received through the workshare program.  On this issue, I found the following article informative: How to make work-sharing work for you, from the Globe & Mail's Report on Business site.  Here's a relevant quote: \"\"[...] If you work elsewhere during   the agreement, and earn more than an   amount equal to 40% of your weekly   benefit rate, that amount shall be   deducted from your work sharing   benefits payable that week. [...]\"\" The definitive source for information on the workshare program is the Service Canada web site.  In particular, see the Work-Sharing Applicant Guide, which discusses eligibility criteria.  Section IV confirms the Globe article's statement above: \"\"[...] Earnings received in any week   by a Work-Sharing participant, from   sources other than Work-Sharing   employment, that are in excess of an   amount equal to 40% or $75 (whichever   is greater) of the participant's   weekly benefit rate, shall be deducted   from the Work-Sharing benefits payable   in that week. [...]\"\" Finally, here's one more interesting article that discusses the workshare program: Canada: Employment Law @ Gowlings - March 30, 2009.\""}
{"_id": "460725", "title": "", "text": "What exactly does the balance sheet of a software company tell you? The majority of meaningful assets are inside your employees' heads.   You can't capitalize R&amp;D and depreciate it, it's a straight flow through to the income statement. And you can't put human capital on a balance sheet.  Software firms generally carry little to no debt and their cap structure is almost all equity. What are you going to put up for collateral when your product is bits and bytes?"}
{"_id": "460736", "title": "", "text": "shitlawjobs.com gives a sobering look into current entry-level salaries in law positions. I recently got shat on on here for saying $12/hr is too much to pay Subway employees, but some of these legal positions don't pay any better."}
{"_id": "460738", "title": "", "text": "If it's anything IG that's likely an annualized figure. I previously sold CP over short term windows at 1% annualized. Else, it would generate a high long term gain, but you need to weigh a variety of factors versus gains, particularly if you're investing any meaningful sum of money. I'm not a bond trader.   Unless it's some kind of payday loan..."}
{"_id": "460755", "title": "", "text": "From Indian context, there are a number of factors that are influencing the economic condition and the exchange rate, interest rate etc. are reflection of the situation. I shall try and answer the question through the above Indian example. India is running a budget deficit of 4 odd % for last 6-7 years, which means that gov.in is spending more than their revenue collection, this money is not in the system, so the govt. has to print the money, either the direct 4% or the interest it has to pay on the money it borrows to cover the 4% (don't confuse this with US printing post 2008). After printing, the supply of INR is more compared to USD in the market (INR is current A/C convertible), value of INR w.r.t. USD falls (in simplistic terms). There is another impact of this printing, it increases the money supply in domestic market leading to inflation and overall price rise. To contain this price rise, Reserve Bank of India (RBI) increases the interest rates and increases Compulsory Reserve Ratio (CRR), thus trying to pull/lock-up money, so that overall money supply decreases, but there is a limit to which RBI can do this as overall growth rate keeps falling as money is more expensive to borrow to invest. The above (in simplistic term) how this is working. However, there are many factors in economy and the above should be treated as it is intended to, a simplistic view only."}
{"_id": "460756", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/13/business/economy/labor-market-wages.html) reduced by 78%. (I'm a bot) ***** &gt; We also do a lot of insurance restoration work like hail damage claims, and in those cases the insurance provider determines what they pay for labor and we work with it.  &gt; At the end of the day, if I were to say, &amp;quot;We&amp;#039;re a great company; we pay people double the prevailing wage, pay our insurance and taxes, buy the best materials for your house, and we give back to our community, but that means we&amp;#039;re going to charge you double for your roof,&amp;quot; I&amp;#039;m sure people aren&amp;#039;t going to say: &amp;quot;Oh, that&amp;#039;s so great they pay their employees $35 an hour. Let&amp;#039;s write them a check for twice as much as their competitor because it makes us feel good!&amp;quot; They&amp;#039;re going to do what&amp;#039;s best for their bank account and their budget.  &gt; That&amp;#039;s why for us the H-2B program is a win-win: We get great workers whom we pay well above the minimum wage, and they are low-risk temporary immigrants who come here to do the job and go home to their families at the end of the season.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nqns3/if_workers_are_scarce_is_it_the_work_or_the_wages/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~168421 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **pay**^#1 **wage**^#2 **work**^#3 **want**^#4 **people**^#5\""}
{"_id": "460757", "title": "", "text": "In all honesty, if they truly need the funding, they didn\u2019t have a choice unless they could get one of their strategics to pony up more money. It\u2019s either raise capital from PE or IPO at that point. They\u2019re not going to get a third strategic in the door, especially at that valuation."}
{"_id": "460760", "title": "", "text": "This often occurs because of misrepresentation of the corporation income. Most of the income in the US is payed at or a little below the 35% rate... But when the figure is calculated non-US income is counted alongside US income.  For some reason, in the US it makes sense for corporations to pay income taxes in the countries they actually made the income in AND the US. Mind you... Only USA and Eritrea have this sort of backwards thinking.  So yeah... If they make $100 worldwide income, out of which $50 is US income, and the company reports $15 in US taxes, they get represented as paying 15% effective tax rate when in reality they payed 30% on US taxes for their US income."}
{"_id": "460775", "title": "", "text": "And you have yet to explain how it would matter how they use the benefits they are entitled to.   If they didn't spend any of the money they were given it would stay on their card.  If they bought food and didn't eat it, it would sit on their shelves.  What if they bought food and let someone who was hungry eat it at their house?    Are these people abusing the system as well?    What you don't seem to understand is ITS THEIR ENTITLEMENT.  They can do with it as they please, it would be smart to use it to eat food but guess what some people have drug problems and or likely a mental issue.  Apparently in your worldview poor people don't get to have freedom?  These people would get it either way if they spent it on food or drugs.  Not to mention we are talking about a very small percentage of people and an even smaller pittance of money.    We have THOUSANDS of tanks we paid hundreds of millions of dollars for each just sitting in the fucking desert that replaced the already working tanks we already had that we do not need.  Yet here you are concerned about some person at the lowest rank of society trading 15 dollars on a snap card for cigarettes."}
{"_id": "460779", "title": "", "text": "\"Your retirement plan shouldn't necessarily be dictated by your perceived employment risks. If you're feeling insecure about your short-term job longevity and mid-career prospects, you will likely benefit from a thoughtful and robust emergency fund plan. Your retirement plan is really designed to fund your life after work, so the usual advice to contribute as much as you can as early as you can applies either way. While a well-funded retirement portfolio will help you feel generally more secure in the long run (and worst case can be used earlier), a good emergency fund will do more to address your near-term concerns. Both retirement and emergency fund planning are fundamental to a comprehensive personal finance plan. This post on StackExchange has some basic info about your retirement options. Given your spare income, you should be able to fully fund an IRA and your 401K every year with some left over. Check the fees in your 401K to determine if you really want to fully fund the 401K past employer matching. There are several good answers and info about that here. Low-cost mutual funds are a good choice for starting your IRA. There is a lot of different advice about emergency funds (check here) ranging from x months salary in savings to detailed planning for each of your expenses. Regardless of which method you chose, it is important to think about your personal risk tolerance and create a plan that addresses your personal needs. It's difficult to live life and perform well at work if you're always worried about your situation. A good emergency plan should go a long way toward calming those fears. Your concern about reaching mid-life and becoming obsolete or unable to keep up in your career may be premature. Of course your mind, body, and your abilities will change over the years, but it is very difficult to predict where you will be, what you will be doing, and whether your experience will offset any potential decrease in your ability to keep up. It's good to think ahead and consider the \"\"what-ifs\"\", but keep in mind that those scenarios are not preordained. There isn't anything special about being 40 that will force you into a different line of work if you don't want to switch.\""}
{"_id": "460808", "title": "", "text": "Well, don't turn the exception into the rule. Not everyone can make it into college, or make college work, or afford it. Not everyone can work 45 hours a week while going to school full time. For some people thats too much. Maybe they have kids. Maybe they have sick family members they care for, maybe they don't live on a bus route."}
{"_id": "460839", "title": "", "text": "\"Google \"\"forex broker\"\" and find one of the thousands that allows you to trade on Gold futures.  Then use one of them to short Gold... just watch your leverage. I would certainly wait before you're shorting gold.  Why tie up capital in a bubble that you think will burst in the next few years.  Wait for the price to increase and monitor for actual signs of the bubble bursting.  Right now with the Euro possibly collapsing shorting gold probably isn't your best bet.\""}
{"_id": "460847", "title": "", "text": "Except this problem wasn't caused by Fanny or Fredie.  That's just a conservative spin on the issue.  It was caused by CDOs and CDSs, which would have happened no matter what.  Fanny and Freddie exacerbated the issue, perhaps, but didn't cause the entirety of the problem."}
{"_id": "460850", "title": "", "text": "In the event of an audit, you AND your friends need to have already reported the cash the same way in previous tax filings. Even differences between legitimate sources can result in civil and criminal sanctions from the IRS, let alone questionable, dubious and illegal sources."}
{"_id": "460905", "title": "", "text": "Defined Benefit Plans: Defined benefit plans are disappearing because of their high cost to the companies that provide them.  When an employee retires, the company must pay his pension for the rest of his life, even longer if the pension includes a survivor option.  Thus the company's financial burden grows as more employees retire.   By law, they must provide a fund that has sufficient resources to pay all present and future pensions.  Low interest rates, such as we have now, place a greater burden on the amount that must be in these funds.   For these reasons, most companies, including large ones like IBM and Lockheed Martin, have discontinued their pension plans and provide only defined contribution plans.   Defined Contribution Plans: These require the company to only make contributions while the employee is working.  Once the employee retires, the company's responsibility ends.  Usually these plans employ a 401K type savings plan for which the employee contributes and the companies matches some or all of that contribution.  Comparison: Although a fully company paid pension plan is the best, it is now almost unavailable.  The defined contribution plan, if it includes company matching, can be a viable alternative if the investments are chosen wisely and perform as expected.  Of course, this is not guaranteed but is probably the best option that most working people have at this time."}
{"_id": "460912", "title": "", "text": "\"Japan doesn't \"\"need money\"\", it is a currency supplier in a floating exchange rate system.  It can make as much as it needs with the press of a key, and it has been.  It's also been constantly defying the expectations of inflation reactionaries, despite its huge deficit.\""}
{"_id": "460932", "title": "", "text": "You are being extremely aggressive and I don't understand why, I've been pretty level headed. I agreed with the central point that the rate is too high, but I also think all loopholes and tax breaks should be removed. I also agree that chasing profits made in other countries is silly and is obviously a major contributor in the issue of inversion.  I just simply disagree that our largest companies are paying the highest taxes in the world, when the data I've seen clearly shows that other countries with lower rates are still collecting more. If our rate is the highest, but we still collect less than the average, tell me how these large corporations are being effectively taxed at the highest rate in the developed world? What am I missing?"}
{"_id": "460934", "title": "", "text": "Five Star audio visual provide equipments for hotels, resorts. The five star audio visual technologies provide the training and certification program for all staff. If you search a partner who is passionate about your success then see our technology and grow your business with them."}
{"_id": "460937", "title": "", "text": "It depends on the broker. The one I use (Fidelity) will allow me to buy then sell or sell then buy within 3 days even though the cash isn't settled from the first transaction. But they won't let me buy then sell then buy again with unsettled cash. Of course not waiting for cash to settle makes you vulnerable to a good faith violation."}
{"_id": "460946", "title": "", "text": "Just a few observations within the Black-Scholes framework: Next, you can now use the Black-Scholes framework (stock price is a Geometric Brownian Motion, no transaction costs, single interest rate, etc. etc.) and numerical methods (such as a PDE solver) to price American style options numerically, but not with a simple closed form formula (though there are closed-form approximations)."}
{"_id": "460951", "title": "", "text": "I personally am from Canada and use my local bank to trade stocks. Contact your local bank and they will tell you how to do it, since rules depend on country of residency. If you are not close to a bank, e-mail the major bank in the country of your residence."}
{"_id": "460995", "title": "", "text": "Thank you for the quick reply. My main firm pretty much sets us up as individual practices with limited support as far as customer service. The clients are ours to take care of. There is not a formal small account policy I am aware of, though I will confirm this next week.   I am considering delegating a current assistant, who is training to be a rep, to take care of these clients under my close supervision. It might be good experience for him and a way I can still profit.   I wouldn't want to lose these clients because a) they might mature or bring referrals, and b) there are individuals in need of at least some insurance to protect their families."}
{"_id": "461004", "title": "", "text": "you are on the right track. 7/66 will be legally necessary (most likely), and CFP is pretty much a professional necessity at this point. insurance license isn't a bad idea, but i would need to know the full scope of services offered to give you more info.  as far as resources go, watch bloomberg in the morning and a bit before you hit the hay for futures and international movement. their website is pretty solid to check on throughout the day, too. beyond that, it's kind of all preference as to what sources you use. i'd recommend staying away from very obviously biased outlets. but there will be professional sources that are availed to you once you're up and running - your dad might have some subscriptions he can give to you. i check on the Atlantic, fivethirtyeight, and the economist regularly for context, as well.  on a personal note, i would encourage you to really weigh your options before committing to taking on the practice. i am a professional (hold 7/63/66/9/10 and CFP) and can tell you that, in my opinion, it is very exhausting and largely unrewarding working with clients.  i won't go into a pessimistic diatribe here, as i don't want to discourage you from doing something you want. but be really sure - unless you're an analyst, this sort of work experience does not lend itself to changing careers or type of work you do."}
{"_id": "461009", "title": "", "text": "\"I blame that \"\"no concealed carry\"\" sign on the outside of the building. We live in a crazy world, and I won't patronize a business that suppresses my right to self defense. I'm probably a small percentage of why BWW is failing, but it's notable that there are others like me who also refuse to voluntarily visit a GFZ. GFZ's don't work. So I don't go to them. I'm not missing anything I can't get elsewhere.\""}
{"_id": "461018", "title": "", "text": "stocks represent ownership in a company. their price can go up or down depending on how much profit the company makes (or is expected to make).  stocks owners are sometimes paid money by the company if the company has extra cash.  these payments are called dividends. bonds represent a debt that a company owes.  when you buy a bond, then the company owes that debt to you.  typically, the company will pay a small amount of money on a regular basis to the bond owner, then a large lump some at some point in the future. assuming the company does not file bankrupcy, and you keep the bond until it becomes worthless, then you know exactly how much money you will get from buying a bond. because bonds have a fixed payout (assuming no bankrupcy), they tend to have lower average returns.  on the other hand, while stocks have a higher average return, some stocks never return any money. in the usa, stocks and bonds can be purchased through a brokerage account. examples are etrade, tradeking, or robinhood.com.   before purchasing stocks or bonds, you should probably learn a great deal more about other investment concepts such as: diversification, volatility, interest rates, inflation risk, capital gains taxes, (in the usa: ira's, 401k's, the mortgage interest deduction).  at the very least, you will need to decide if you want to buy stocks inside an ira or in a regular brokerage account. you will also probably want to buy a low-expense ration etf (e.g. an index fund etf) unless you feel confident in some other choice."}
{"_id": "461042", "title": "", "text": "\"Houses tend to appreciate more than condos. Houses are also more expensive. So it's a choice. You mention your girlfriend will be buying it with you. Take the time now to decide what will happen if you split up and put it in writing. Are you splitting the downpayment and mortgage 50/50? If not things can get complicated. Also consider home improvement costs, etc. If you think she is \"\"the one\"\" and you'll end up starting a family together, look at the location, nearby schools, etc. Sure, it may sound too early to be thinking about these things, but if you get a head start on finding a nice house you could save a lot of money and build a lot of equity with some smart decisions today.\""}
{"_id": "461048", "title": "", "text": "Just like they are cracking down gold and other stores of value? I'm unsure how you think that Bitcoin falls outside of regulations that apply to all wealth and stores of value. It's not like you are allowed to buy drugs or not pay taxes as long as you don't use US dollars.  The fact that Bitcoin and all other crypto currency are not controlled by any single entity, government, or business that can control the rules at thier will is a pretty big deal. I would think the obvious freedom from a single corruptable entity seems pretty useful to me.  Obviously the volitility and high transaction fees makes it a pretty questionable store of value - for now - considering the newness of Bitcoin - it's not really that surprising. At least those fees are based on the market and not just the whim of Visa."}
{"_id": "461049", "title": "", "text": "You haven't mentioned the country. As a general premise, you own them money and the fact that the account was closed has no bearing on the fact that you own them money. My suggestion would be pay them off."}
{"_id": "461051", "title": "", "text": "If I were donating money to a charity, i.e. an organization set up to help others, I would simply send them the money and ask that my name not be used in publicity. That would mean that the person(s) actually benefiting from my donation didn't know who I was. The charity would know, but they don't themselves benefit."}
{"_id": "461056", "title": "", "text": "If the child can take over the life insurance when they wish to get a mortgage or have their own children, there may be a case for buying insurance for the child in the event that your child's health is not good enough for them to get cover at that time. However I don\u2019t think this type of insurance is worth having."}
{"_id": "461062", "title": "", "text": "\"For the same reason that people bet on different teams. Some think the Tigers will win, others thing the Yankees will win. They wager $5 on it. One of them wins, the other loses. In a short, one person bets that the stock goes down, the other bets that the stock goes up (or hold). You're basically saying \"\"I think this stock is going to hold it's value or go up. If I thought it would go down, like you do, I would sell it myself right now. Instead, I'll let you have it for a while because when I get it back I think I'll come out on top.\"\"\""}
{"_id": "461082", "title": "", "text": "\"I work at a mid market investment bank and while we don't usually use required rates of return (when we do it's typically in ranges based on previous experience in the market e.g. PE firms will look at IRR of 25%+ on mezz deals etc...) I can offer some insight into how you can think about it.   \"\"Required rate of return\"\" is a fairly arbitrary concept and literally is whatever you define it to be. Typically, the required rate of return is a function of risk i.e. the higher the riskiness of a project, the higher the return must be to compensate you for taking on that risk (this view is as per Markowitz's modern portfolio theory). This is easier said than done however as \"\"risk\"\" is tricky to define (The general, though somewhat outdated, rule is that risk = variability of returns).  To your questions:  1. How is rate of return determined: In my field of work (fairly niche) required rate of returns aren't usually an exact science and are typically based on i) financial leverage in the business ii) operating risk (seasonality, management team strength etc...) iii) type of security (e.g. for debt deals, what is the investment secured by)  2. Am I correct in thinking a firm will just choose a rate of return that they are already receiving? No, you are not correct, UNLESS the risk profile of the investment opportunity matches your current business. E.g. if you're a shoe manufacturer earning 15% on your capital and are looking to acquire another manufacturer in the same business with the same risk profile, then you can use your current rate of return as the requirement. If for e.g. you're a shoe manufacturer contemplating opening a new fully automated plant which will cost half your current net worth but allow you to triple your production, you will need to use a different (higher) required rate of return to compensate your firm for the additional risk it's taking on. E.g. if your shiny new plant only gets you a 15% return, you might as well deploy your capital in your current business at a much lower risk and earn the same amount of money.   Disclaimer: I have simplified. Significantly.\""}
{"_id": "461084", "title": "", "text": "Why shouldn't I just keep my money in the savings account and earn the same amount (both accounts have the same APY in this case)? I will assume that you are transferring money from your savings account into a Traditional IRA and deducting the contribution from your income.  While you may think that the money that is being transferred is yours already -- it is sitting in your savings account, for Pete's sake! -- you are deducting that amount in getting to your taxable income, and so you are effectively contributing it from current income and not paying taxes on the amount contributed. So, consider the same amount of money sitting in your savings account versus the same amount of money sitting in your Traditional IRA account. While you will earn the same amount of interest in both accounts, you will have  to pay taxes each year on the interest earned in the savings account. You might  choose, as most people do, to not take money out of the savings account to pay theses taxes but just pay them from ready cash/checking account/current income etc., or these taxes might just reduce the refund that you will getting from the IRS and your State income tax authority, but in either case, you have paid taxes on the interest earned in your non-IRA savings account, and of course, long ago, you also paid taxes on the original amount in the non-IRA savings account.  So, if you take any money out of the non-IRA savings account, you don't pay any taxes on the amount withdrawn except possibly for the interest earned from January 1 till the date of withdrawal (which you are paying from ready cash). On the other hand, consider the Traditional IRA. The original deposit was not taxed in the sense that you got a deduction (reduced tax or increased refund) when you made the contribution. The annual interest earned was not taxed each year either.  So when you make a qualified withdrawal (after age 59.5 or by meeting one of the other exceptions allowing withdrawal before age 59.5), you are taking money on which you have not paid any taxes at all, and the IRS wants its cut.  The money withdrawn is taxable income to you. Furthermore, the money withdrawn is not eligible for any kind of favorable treatment such as having it count as qualified dividends or as long-term capital gains even if your IRA was invested in stocks and the money in the account is all qualified dividends or long-term capital gains.  If you make an unqualified withdrawal, you owe a penalty (technically named an excise tax) in addition to income tax on the amount withdrawn. If you are investing in a Roth IRA, you will not be getting a deduction when you make the contribution, and qualified withdrawals are  completely tax-free, and so the answer is completely different from the above."}
{"_id": "461090", "title": "", "text": "Bad workers are non-union as well, there will always be lazy people. Unions are most needed for minimum wage workers, they traditionally fought for the workers in the worst conditions. Unions only make up about 7% of the work force today and are at a fairly weak position compared with the past. Their highest concentration was actually during one of the United States' large periods of economic growth back in the 1950s."}
{"_id": "461110", "title": "", "text": "&gt; Also, the link at the top isn't the same as the one at the bottom.  You're right. The link at the bottom points to the actual article seen at Medium, first posted at Reddit, which does point to the original original at reddit. Both those posts were written by the same redditor u/tapesit who was just seen three days ago.  Paging u/TapesIt -- is that you on Medium, or has some scoundrel absconded with your posts? (If so, we should probably ask the mods to remove this post and/or ban the Medium user @SoldOutSupplier)"}
{"_id": "461130", "title": "", "text": "There are a LOT of variables at play here, so with the info you've provided we can't give you an exact answer.  Generally speaking, employee options at a startup are valued by a 409a valuation (http://en.wikipedia.org/wiki/Internal_Revenue_Code_section_409A) once a year or more often.  But it's entirely possible that the company split, or took a round of funding that reduced their valuation, or any other number of things.   We'd need a good bit more information (which you may or may not have) to really answer the question."}
{"_id": "461133", "title": "", "text": "It could be a delay because of the Automated Clearinghouse (ACH) process. At least that's the explanation on this thread at the PayPal forums, and on Prosper.com."}
{"_id": "461145", "title": "", "text": "\"I understand economics quite well. This whole idea that the market will correct itself is bullshit. The government didn't come up with rules like you can't discriminate against people for the fun of it, but under some free market theory you would expect that one to solve itself. Well, it didn't.  Have you ever answered the phones for cab company on New Year's Eve? No? Well I have, five years in a row. I can take 80 phone calls in an hour. I've told people it'll be four hours for a cab because that's how long it would take and they say \"\"Send it.\"\" It's shitty because I can't refuse the call legally and there's no way in hell they're going to be there when the cab finally gets dispatched. Driver's on the street constantly contend with waiting for someone to come out and a bidding war starting to hire them. I've heard $80 offered as a tip to take a group before, although $20 seems to be more the standard bribe.  There's no economic behavior to serve shitty neighborhoods. The riders don't tip and the driver is at an increased risk of being robbed and violently attacked. Why do cab companies serve them? Because the city legally requires it and in reality there are at least some decent people whose only option is to take a cab.  So, congratulations, you took the same microeconomics class that I did and all the theory dictates that this should all work itself out. You get to throw around sayings like \"\"ceteris parabus,\"\" but things are never \"\"all things being equal\"\". The difference is I also spent a number of years going to the school of hard knocks and learned from reality how things actually work.\""}
{"_id": "461164", "title": "", "text": "This really doesn't mean anything. Netflix has made some incredibly risky moves that a larger acquisition would have never allowed them to do. Netflix would not be the same service we know today if it was acquired by blockbuster."}
{"_id": "461165", "title": "", "text": "S&P/TSX 60 VIX (CAD) is an equation and as the implied volatility of two close to the money TSX 60 options change, the output changes. This is why the intra-day price fluctuates on a graph like a traded product.  Although VIXC can't be traded, it can still be used as an important signal for traders. The excerpt is from slide 12, more information can be found here. https://www.m-x.ca/f_publications_en/vixc_presentation_en.pdf Futures (stage 2) Options, ETFs, OTC Products (stage 3) have not been implemented."}
{"_id": "461177", "title": "", "text": "I had a pretty good experience with Lending Tree, although they are a mortgage broker, not a lender themselves."}
{"_id": "461186", "title": "", "text": "\"&gt;I tried to like /r/Anarchism, but the mentality portrayed there is that of a statist who is pissed that they aren't the dictator, and are willing to use violence and theft to achieve their goals.   Try asking /r/DebateACommunist, then.  Despite the name, almost nobody there is any kind of statist. Everyone's either anarchist left or proprietarian right.  But of course, this is the ultimate in neofeudal \"\"anarcho\"\"-capitalist claptrap.  \"\"Anarchists?  THOSE STATISTS!\"\"\""}
{"_id": "461193", "title": "", "text": "\"First, you need to figure out what your objectives for the money are.  Mostly, this boils down to how soon you are going to need the money.  If you are, as you say, very busy and you don't need the money until retirement, I'd suggest putting your money in a single target date fund, such as the BlackRock LifePath fund.  You figure out when you are going to retire, and put your money in that fund.  The fund will then pick a mix of stocks, bonds, and other investments, adjusting the risk for your time horizon. Maybe your objectives are different, and you want to become an trader.  You value being able to say at a BBQ, \"\"oh, I bought AAPL at $20\"\", or \"\"I think small caps are over valued\"\".  I'd suggest you take your $50,000, and structure it so you invest $5,000 a year over 10 years.  Nothing teaches you about investing like making or losing a bit of money in the market.  If you put it all in at once, you risk losing it all - well before you've learned many valuable lessons which only the market can teach you. I'd suggest you study the Efficient-market hypothesis before studying specific markets or strategies.\""}
{"_id": "461201", "title": "", "text": "\"Wait a minute, this is a huge clickbait statistic.  From the article:   &gt;  Total overdraft fees totaled $33.3 billion in 2016, just shy of the $33.8 billion financial institutions collected in credit-card interchange fees  They're comparing the _total_ sum of overdraft fees to the _total sum_ of interchange fees.    While interchange fees have gone up over time, all the statistic in the story tells us is more people are using credit cards for transactions than \"\"before\"\".    Merchants also have a huge choice in what sort of fees they pay, the processor they use (it's a surprisingly large market), and the rates vary by processor, type of merchant, risk to the merchant, type of business, type of card, and so on.  As a note, the \"\"type of card\"\" is not just \"\"visa\"\" or \"\"amex\"\", but different cards from different issuers can have different interchange fees.  That airline rewards card has a higher fee than that \"\"rebuild your credit\"\" secured (read: backed by a deposit) card.    In short, this is a nonsense article that provides no useful comparison.\""}
{"_id": "461206", "title": "", "text": "Mt Gox was an exchange that went belly up because of financial and strategic mismanagement. It was also a valuable lesson for many people: if you don't control your private key, you don't control your bitcoin.  Scams running bitcoin (or any other cryptocurrency for that matter) are vastly underrepresented in the grand scheme of things concerning money. US Dollars, Euros, Yen, World of Warcraft Gold - it is all being used to manipulate people into spending tokens of worth for worthless tokens. This is not inherent to bitcoin, and you are misrepresenting it if you think it is.  Cryptocurrencies are in their infancy still, and many of the current adopters are being scammed by so called ICO's. This is, however, a natural process, and will even out again as ICO's get a bad rep, and only those with a good business case get valued. We saw the same thing during the dot com bubble."}
{"_id": "461211", "title": "", "text": "\"Have you read the comments? \"\"Who cares these places have bad service anyway\"\", \"\"Well I know where I won't be eating anymore\"\", \"\"This should be a dose of reality for Obama voters\"\". And the list goes on. I don't mind discussing the business side of politics, but that's not what has been going on.\""}
{"_id": "461215", "title": "", "text": "I think you need a lesson on Banking 101.   &gt; I mean siphoning funds assuming that you're going to be running a HFT shop or prop trading or using models to predict when something is most profitable, which is beneficial to your wallet but not really to society.  I am confused, maybe your logic will clarify this concept for me. Say, I have invested in a mutual fund which has done really well and I have made returns of over 120% in 15yrs. Is this considered stealing as well?? According to you it would be. Maybe others were more patriotic and invested their savings in Treasury bonds which probably earned them say 28% in the past 12 years. How is this different from someone working as prop shop trader (You should generalize it as a trader not just quants). Sometimes they take losses other times they make profits. Most just manage to make a living. If not they find another career (Which I think a cynical man like you ought to be doing too). If you truly understand the industry structure and believe in it, you will realize it's just another profession. If you're truly disgusted by this profession, maybe ask yourself why does society tolerate over priced attorneys, over priced doctors, high end real estate, expensive designer clothing stores.. many other examples to cite here. To bring things closer to your life in perspective, the $10 t-shirt you're wearing was probably prepared by  people like my cousins in India who work for wages of $110 a month. Should I call you a thief for stealing from her?"}
{"_id": "461217", "title": "", "text": "\"Being long the S&P Index ETF you can expect to make money. The index itself will never \"\"crash\"\" because the individual stocks in it are simply removed when they begin performing badly. This is not to say that the S&P Index won't lose 80% of its value in an instant (or over a few trading sessions if circuit breakers are considered), but even in the 2008 correction, the S&P still traded far above book value. With this in mind, you have to realize, that despite common sentiment, the indexes are hardly representative of \"\"the market\"\". They are just a derivative, and as you might be aware, derivatives can enable financial tricks far removed from reality. Regarding index funds, if a small group of people decide that 401k's are performing badly, then they will simply rebalance the components of the indexes with companies that are doing well. The headline will be \"\"S&P makes ANOTHER record high today\"\" So although panic selling can disrupt the order book, especially during periods of illiquidity, with the current structure \"\"the stock market\"\" being based off of three composite indexes, can never crash, because there will always exist a company that is not exposed to broad market fluctuations and will be performing better by fundamentals and share price. Similarly, you collect dividends from the index ETFs. You can also sell covered calls on your holdings. The CBOE has a chart through the 2008 crisis showing your theoretical profit and loss if you sold calls 2 standard deviations out of the money, at every monthly interval. If you are going to be holding an index ETF for a long time, then you shouldn't be concerned about its share price at all, since the returns would be pretty abysmal either way, but it should suffice for hedging inflation.\""}
{"_id": "461231", "title": "", "text": "Marijuana should be decriminalized. It would stop giving insurance companies loopholes to deny claims, and would let the government hire better cybersecurity experts. Digital forensics agencies have been complaining for years that they can't fill positions fast enough because so many applicants don't want to comply with their marijuana policies."}
{"_id": "461233", "title": "", "text": "\"I think the answer to this question depends on how much you trust yourself. Most people are wonderful at deceiving themselves. I'd personally not trust myself; I'll use Liam's points for the pitfalls some people get into. You can pay off your loans with summer internships and retain the initial cash you had for additional activities that make college enjoyable, i.e - Fraternity/ Sorority, clubs, dinners, and social nights.  This is actually the risk I've seen many people do. They'll blow their money in one semester under the assumption that 'they'll just earn more in Summer and keep it for expenses or the future.\"\" Another benefit to taking these loans would assist in building credit, No Credit (in the USA) is actually a good standing. Many sensible banks or credit unions will happily give people with No Credit a loan. This makes intuitive sense if you think about it. Imagine two people with the same income. One owes money regularly to multiple sources and the other has no debt obligations. Which one are you loaning money to? Simplifying things a lot: Great Credit is best, followed by No Credit, then Good Credit, and then Bad Credit. The advantage of Great Credit over No Credit is simply that some institutions in some sectors don't have the policies in place to process No Credit people (No Credit people plan to not apply for credit often, for self-explanatory reasons, so this is a mote point).\""}
{"_id": "461242", "title": "", "text": "My point was not especially reliant on your personal experience; the point was that for many people it's not as simple a matter as just sucking it up and hiring a lawyer.  It's great that you had the know-how and the funds to defend yourself when you were sued, but for many entrepreneurs this post could not be more relevant.  I don't see a need to scorn an already distressed couple, regardless of what anyone thinks they should or shouldn't have done. Why not post about something that could help them out? After reading their story I can't see what else could be done other than what he is already suggesting. Any ideas?"}
{"_id": "461252", "title": "", "text": "\"OK boss, I'll play along.  First of all, which original comment did I edit? Here's a tip, you can see which comments have been editted because they have little *'s beside them. I'd think you'd know that given that you're a mod here.  Secondly, once you're done looking for it and can't find it, cause I didn't edit any of them, explain to me how in my original comment, pointing out a difference between \"\"making money\"\" and \"\"turning a profit\"\" displays my ignorance of the distinction between revenue and profit.\""}
{"_id": "461255", "title": "", "text": "Conference on \u2018Achieving Better Parenting for our Children\u2019 November 29, 2011 \u2018Parenting towards Resilience\u2019 was the main theme discussed during a conference held recently, organised by Agenzija Sedqa in collaboration with the Office of the Children\u2019s Commissioner. Ms. Sina Bugeja, Chief Executive Officer, Foundation for Social Welfare Services during her opening address explained that Parenting towards Resilience, was the main theme chosen by the Foundation to [...]"}
{"_id": "461260", "title": "", "text": "A lot of countries with harsher rules and higher taxes have lots of big companies that makes massive profits. I have no sympathy for this man. Compete or die. Obama wont change much that he already hasn't. This is just a guy that in the past has bragged about his ability to affect the florida vote trying to affect it again. Slimy bastard."}
{"_id": "461261", "title": "", "text": "Raise wages by 20%, and cut the work force by 25%.  Drive suppliers from expensive countries if production, like China, and to lower cost options like Vietnam to cut costs by another 1-2%.    None if this is hard or complicated.  Your job: don't end up relying on this sort of job to provide for yourself.  Stay in school, kids.  And, pay for school in cash, which you can earn by working for $12 per hour at Target before you go making babies and what not.  If you can manage to control yourself for a few years."}
{"_id": "461264", "title": "", "text": "That's another model doomed to failure. Truth is people do care about their privacy. They don't seem to right now because they don't really understand how completely it's being invaded. But give it time, there's going to be a privacy rebellion on the internet, and all these companies who have built their revenue models around stealing people's personal information are going to be f***ed."}
{"_id": "461268", "title": "", "text": "An iPhone was only $600 at launch and it was the same type of deal.  It's the latest tech and it's exclusive for the foreseeable future.  That makes it a status symbol in many circles.  On the other side of the coin it gives the perception of environmentally friendly which is a social thing in itself."}
{"_id": "461288", "title": "", "text": "Clark Howard talked about a Consumer Reports' test on the subject.    Here is his summary: Consumer Reports has taken a close   look at the store brand vs. name brand   question in the magazine's October   2010 issue. The verdict? Store brands   offered taste that was better than or   equal to name brands in many food and   non-food categories.  In general, store brands tend to save   you about 30 percent on average over   their national brand counterparts.  In comparing Heinz tomato ketchup to   Target's Market Pantry private label,   Consumer Reports preferred the latter.   In another example, Wal-Mart's Great   Value potato chips got the edge over   Lay's, according to the publication.  However, Consumer Reports suggests   that you skip the store brand and go   for the national brand when it comes   to mayonnaise, french fries, butter,   tuna and peas.  Clark's rule when it comes to store   brands is to give them a try just   once. If you like it, you save up to   30 percent each time you go shopping   going forward. If you don't like it,   you only lose money once. Many stores   even offer a money-back guarantee for   their products.  So remember, the potential savings can   be so great that there's always a   compelling reason to sample the store   brand. And here is the full article from Consumer Reports."}
{"_id": "461290", "title": "", "text": "Yes it is (legal). There is of course no law requiring any business you walk in to break your money. What made you think there would be? Being a bank in the US (and in other countries) has some legal consequences, but none of them relates to 'having to do business with anyone that walks in', neither 'having to break bills for people' (not even for established customers). Yes, it was historically commonplace for most banks to do all money-breaking for free, but that does not establish any obligation to do it. Maybe the FED is required to do that, but that won't help you if you don't live near either."}
{"_id": "461297", "title": "", "text": "\"really, so half of them (being born in 1993 or later) are over the age of 30?  Are you mentally retarded or being treated for a brain tumor?  no jackass, according to the census parameters (millennials = born 1993) render your post idiotic.  \"\"The population of 18- to 34-year-olds is a cohort, which is a group of people that share a common demographic experience or characteristic (in this case, age). [...]  There is no official start and end date for when millennials were born.\"\"  But the cognoscenti and research cells primary responsible for collating (collecting), sorting this data all operate on the following objective delimiters:  \"\"[...]The birth year of the youngest ranges from ***---&gt; 1993 &lt;---*** ~~to 2010.~~\"\" And these are the consumers I was referring to, you know the other half you refer to in your flawed, but brief post.\""}
{"_id": "461313", "title": "", "text": "I tried direct indexing the S&amp;P500 myself and it was a lot of work. Lots of buys and sells to rebalance, tons of time in spreadsheets running calculations/monitoring etc, dealing with stocks being added or removed from the index, adding money (inflows). Etc. All of the work is the main reason I stopped. I came to realize the 0.05% I pay Vanguard is a great deal."}
{"_id": "461325", "title": "", "text": "&gt;Huh? Agriculture is down to single digits as part of the GDP. What does that have to do with a gold standard and monetary policy?  I was being sarcastic.   &gt;But as soon as the USA left the gold exchange standard, total factor productivity began to dramatically stagnate.  Correlation doesn't equal causation. Remember that this is also the same time that European, Japanese, and Soviet economies were picking back up after WW2. Global production picked up and there was more international competition.   &gt;Because our massive debt is doing so well for us? In the beginning it looks nice because there is very little pain and is practically unnoticible, but as we see current events playing out in the US and to a greater extent Europe which isnt as tightly knit economically as the US, fiat currency has huge problems.  The EU cannot print money in the same way the USA can. If anything the Euro is a cautionary tale about currency's with too stringent printing limitations. Along with tying together a set of countries at vastly different levels of economic development.   The USA is not anywhere near the point of no return, and seeing as we can finance our debt at ridiculously low rates compared to the rest of the world, it would be much simpler to do that, than try and restructure the entire monetary system of the USA.  &gt;Established over what? the last 40 years? We are at about 80-90 years now.   &gt;Thats hardly enough time to call practical fact when the gold standard existed for hundreds and thousands of years.  The gold standard has not been in use for hundreds of thousands of years. Nor was it the only currency previous to fiat.  &gt;I am not sure why you think that the USA is in such a great position. The american dream is faultering if you're just starting out in life. Just ask any number of recent college grads who are increasingly living with parents, not getting married and can't find jobs.  I don't think asking my local college grad is a good way of determining the USA's macro-economic situation. You're absolutely right that there is a major major disparity of wealth problem. But the gold standard isn't the reason for that. Unemployment Insurance and Welfare are also comically small portions of the budget. If you wanna talk about cutting spending, Defense and Medicare are where it's at. And you don't even have to hurt old people or soldiers to fix them."}
{"_id": "461341", "title": "", "text": "&gt;then what's to stop people from building a twitter clone?   technically software patents but I doubt there's one that applies to something the likes of twitter. There are alternatives already but they just haven't gained momentum yet because the need isnt there. However, I can only hope that if twitter does start filtering, censoring, 'disappearing posts', blocking trends from showing up, ect - it will only be a matter of time before it becomes the next google wave or my space."}
{"_id": "461349", "title": "", "text": "&gt; The new exchange bonds will be getting paid as normal in Argentina. (Unless Argentina changes its mind! In which case it will have home-court advantage in changing the terms of the bonds.) The old exchange bonds, and the old old bonds, won't get paid, exactly, but Argentina will deposit money at the central bank for them, which they can get any time they want to swap into new exchange bonds. Presumably many people will hold on to the old exchange bonds, hoping for some improvement in their lot in life, and eventually that hope will turn into lawsuits, as hope does. So there will be two classes of bondholders suing Argentina, and each other, and not getting paid, and being sad.  This paragraph from OP's article is golden"}
{"_id": "461355", "title": "", "text": "\"The first article you link clearly refers to Warren Buffet and doesn't, in regard to taxes, refer in any way to Berkshire Hathaway. The second article you link is titled, \"\"Ways Professional Traders Can Save Big At Tax Time.\"\" Berkshire Hathaway is not a firm primarily engaged in trading. It is engaged in investing in companies that it feels offer long-term growth and appreciation. In some cases, their investment is in the entire company; in others, a very large percentage of its total capitalization. Trading, on the other hand, involves buying stocks, bonds, futures, etc. for near-term resale, ideally at a profit. Stock speculation is a risky and complex occupation because the direction of the markets are generally unpredictable and lack transparency.  As has been mentioned above, we are confident that Berkshire Hathaway use every technique at its disposal to reduce its tax burden. I am confident, as well, that they spend considerable effort and expense to be certain that they are never discovered making errors in their tax returns.\""}
{"_id": "461364", "title": "", "text": "Since you are looking at preserving the principal, I would recommend laddered CDs and short term treasuries (TIPs/iBonds)"}
{"_id": "461376", "title": "", "text": "\"I'd change my attitude a bit. \"\"I'm not very good with saving money, unless I know I need to.\"\"  If you could act as if you absolutely needed to save, but took the subsidized loan and set it aside, you'd have a good start.  As a student, it would be difficult to raise money the way an established working person might. A low interest credit card, a 401(k) loan, Home Equity Loan, etc.  If you feel it would be too tempting to set it aside, don't take it. Your question is fine, but the answer isn't financial, it's behavioral.\""}
{"_id": "461377", "title": "", "text": "&gt; Wouldn't a competitor just offer a similar cream at a cheaper price?  In addition to patents, the FDA is a barrier to entry because of [its long approval process which can take several years](https://www.fda.gov/drugs/resourcesforyou/consumers/ucm143534.htm).  This can give a drug manufacturer years of an artificial monopoly and disincentive other companies to make a competing product since the market could look very different in a couple of years.  So if you want the free market to provide cheaper drugs you are required to eliminate the FDA from the process and accept that it is okay to sell untested drugs to people."}
{"_id": "461379", "title": "", "text": "Well, I didn't know those existed. Author might not either.  I'm also not aware of the trading requirements in Europe. Could be different than US.  In any event, I think most who are concerned are (1) doomsayers who've predicted 30 of the last 1 recessions, (2) don't understand the point of leverage and are irrationally scared of it, or (3) understand leverage can be good but think this will be used in a bad way."}
{"_id": "461380", "title": "", "text": "I mean, I've made perhaps 2000% on them simply buying low (whenever I remembered bitcoin existed and saw that it was only a few hundred USD) and then selling when the news reminded me again that it existed and was hitting 1k. Which is where I dropped ship this last time too, unfortunately. Also, unfortunately I never bought more than a few coins and didn't go into Ethereum at the beginning of the year, thinking it was dead. Still enough to pay for some vacationing.  Basically everyone I know has had the same experience with them - so 295% seems really low."}
{"_id": "461382", "title": "", "text": "By numbers I assume you mean monetary amounts... the article doesn't define the separation that way...  &gt;In one of these countries live members of what Temin calls the \u201cFTE sector\u201d (named for finance, technology, and electronics, the industries which largely support its growth). These are the 20 percent of Americans who enjoy college educations, have good jobs, and sleep soundly knowing that they have not only enough money to meet life\u2019s challenges, but also social networks to bolster their success."}
{"_id": "461385", "title": "", "text": "Planned my grocery shopping better.  You can't just wake up on Saturday hungry go to the grocer and buy what looks good. Take the time to clip some coupons and more importantly make a shopping list."}
{"_id": "461386", "title": "", "text": "This is supply side nonsense. The primary driver of growth is demand. If demand is growing, then lower taxes will allow the company to meet growing demand faster. However, if demand is stable and currently being met by the company, reducing taxes will only enrich shareholders at the expense of society at large. Unless there is growing demand, a corporation will always choose to allocate profit via tax cuts to shareholders rather than to employees in the form of jobs or raises."}
{"_id": "461416", "title": "", "text": "Right.  A banker provides a product/service, whether it be liquidity or something else, for a premium.  The Rothschilds, for example (I'm only familiar with them because I like their wine), are typical examples of some of the first bankers of the modern era-- they provided the ability to exchange currencies at a market value, and it made them one of the wealthiest families of the modern world.  If someone doesn't like banks, then let them walk onto the NYSE and make their own investment decisions.  Which is a terrible idea because it's statistically almost impossible to beat the market.  If you wanted to be able to prove that you are a successful investor you would have to have higher earnings than a market portfolio every day for around 180 years, in order to have a T-statistic of about 2.0."}
{"_id": "461417", "title": "", "text": "I think the sales decrease is due in part to fewer children that were born from 2008-2012. The recession, student loans, expensive homes, and lack of middle class jobs, and delayed adulthood has a huge impact on sales. This is the same issue facing gymboree, stride rite etc."}
{"_id": "461425", "title": "", "text": "It might be clearer to think of it as price going up when a dividend is expected, since that's money you'll get right back. As the delay before the next dividend payment increases, that becomes less of a factor,"}
{"_id": "461435", "title": "", "text": "Well, a proper answer needs a few more details: 1) What's your marginal tax bracket? (A CD is just plain silly for someone in a high tax bracket and in a high tax state) 2) What's your state of residence? 3) Do you have a 401k to draw on for a house loan in case of badly timed volatility? 4) What does will the rest of our investment portfolio look like in case of a sudden rise in interest rates? Depending on the answers to those questions, the mix of investments could be anywhere from: Tell me more about bracket/state/other investment mix and I can suggest something."}
{"_id": "461442", "title": "", "text": "It's scary how many of these I used. Today.  Most of that is crap, but many of the buzz words have real, quite useful concept behind them. It's the people who think that just using the words is enough who give them the almost curse word status they have."}
{"_id": "461446", "title": "", "text": "\"My sister had a similar problem and went to an actual lawyer, not a  \"\"credit repair agency\"\".  The lawyers settled her debt for a lot less than she owed, and she  also got a bonus: one of the creditors called her repeatedly, even  after her lawyers had told them not to.  The lawyers ended up getting her an extra $40,000. Combined with the  debt settlement, she actually came out ahead.  Of course, her credit score went down, but it recovered in a couple of  years.\""}
{"_id": "461456", "title": "", "text": "You have a few options: Personally, I would cash the check at my broker and buy a mixture of US Government and New York Tax-Exempt securities until I figured out what to do with it."}
{"_id": "461462", "title": "", "text": "\"Food to your door isn't the problem Amazon is looking to solve.  Food to your door QUICKLY is... One of them.  Replacing UPS, USPS, DHL, FedEx, etc... is the other.  Amazon is going to take \"\"Howdy neighbor! Going to the store? Can you pick me up some &lt;insert item here&gt; for me? Here's &lt;more money than needed&gt; and keep the change!\"\" and make it a part of their business.  Amazon will pay you to deliver shit for them. They've been experimenting with it for a while now (Amazon Flex).  On top of that, The article has it all wrong... The financials are just the tip of the iceberg.  The Grocery store business models all rely on two things... getting customers to go to the store and making them stay in the store as long as possible.  Amazon is going to do the exact opposite; try to keep customers AWAY from the store. That will allow Amazon to reduce store traffic enough to automate the store itself.  Edit: one last thing, remember that Amazon is an automation company.\""}
{"_id": "461483", "title": "", "text": "\"The ultimate purpose of Case-Schiller is to build contracts that you can use to stop worrying about this, for a price. You or your lender might buy cash settled put options based on the index, and hope that if your home falls in value, the your options become \"\"in the money\"\" to make up the shortfall. The major problem that I can see with this is finding people to take the other side of that contract. Renters would be the primary candidates, but Americans are on average so overweight in real estate that there really isn't anyone underexposed to real estate who would benefit from diversification, and the tax advantage will give people far cheaper avenues address this. Viewed in this light, your question has a sort of obvious answer: Case-Schiller is historical data, and you need to know about the future historical data. Case-Schiller can't do it alone, but you can use futures markets to predict it. Problem you'll have is that the market itself will optimize this temporal trade: if there's a market drop anticipated, the market will charge you more for market drop insurance.\""}
{"_id": "461497", "title": "", "text": "&gt;Would it be more convincing if he gave you the correlation coefficient over the relevant period (which I bet would be pretty close to 1 and would convey the same point as the graph).  So would a scaled graph of world population over this period. And population of mosquitos."}
{"_id": "461506", "title": "", "text": "\"Consider the mind set of Perry and his ilk, best stated by Ann Coulter:  &gt;\"\"God gave us the earth. We have dominion over the plants, the animals, the trees. God said, 'Earth is yours. Take it. Rape it. It's yours.'\"\"---Hannity &amp; Colmes, 6/20/01\""}
{"_id": "461511", "title": "", "text": "It's going to be truly heart breaking when CEO's are able to read their own email on a computer without the aid of paper.     It will be a loss to mankind when those in control of the media and IT infrastructure actually understand how to use the tools that they rely on.      Civilization will crumble as generations move closer to their work place and demand more flexible schedules.   The utter horror society will face as a new generation of diverse racial, sexual and subcultural backgrounds collaborate to solve daily problems."}
{"_id": "461526", "title": "", "text": "\"&gt;When you work, you are creating value.  This is incorrect.  Not all businesses add value to society - there's a reason capitalism function based on \"\"profit\"\" and \"\"loss\"\" signals.  Some businesses destroy value.  &gt;How do you think the concept of money came about?   http://www.youtube.com/watch?v=5eP6iujgeWI  &gt;Why not? This is the reason that hedge fund managers and CEOs pay so little in taxes...most of their compensation is in stocks and bonds, taxed as investment income. If you were paid in gold, i'm sure you could claim the same.   Because investments are fundamentally different from money.  They each serve a purpose - money is a store of value, while investments are risk-taking strategies to increase value.  &gt;That's sillie: i'm emotionally invested in a gift economy. I accept a fiat paper standard.   You appear to be afraid of what would happen if people were allowed to voluntarily choose what money to use, without government interference.  Anyway, I've lost interest in this discussion.  Have a good day.\""}
{"_id": "461527", "title": "", "text": "No, always give the most current address information to the IRS, not least because they will use this address to send you important communications, such as refund checks or notices of deficiency. Per the 1040 Instructions, you should put in your address, with no mention of past addresses.  Moreover, if you will change addresses after filing, the IRS has provided Form 8822 to notify them of the new address.  There is a similar Form 8822-B for business addresses. They will use your Social Security Number (SSN), Individual Taxpayer Identification Number (ITIN), or Employer Identification Number (EIN) to track who you are.  There's no point to purposely giving an invalid address, and in fact it's technically illegal since you will sign and certify the return as true and accurate to the best of your knowledge."}
{"_id": "461538", "title": "", "text": "The Dexmet MicroGrid\u00ae EM series of expanded metal foils (EMFs) are versatile, effective materials for shielding against electromagnetic interference (EMI). EMFs are formed from solid metal foil in a proven, economical \u201cslit-and-stretch\u201d process. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "461557", "title": "", "text": "I can't  wait to see this crash and burn for two reasons:  1. Voters don't want to be taxed to oblivion which is why we vote no every time on an increase in taxes.   2. If the city loses, the case may create a legal stumbling block for civil asset forfeiture.   If you want higher taxes, donate your own to the city... Do with what you got, Seattle."}
{"_id": "461580", "title": "", "text": "I know how you feel, but at least we are paying 40/month for two services instead of 100/mo for more stuff we don't want.  I have a young kid and Netflix. And, well, the Netflix original shows for kids are just the worst. The Disney stuff is a major reason that we watch so much Netflix, and I'm well in their demographic crosshairs. I would switch, but I'm pretty sure that the Disney service will be just like I imagine, with the same level of shat out 'originals', no Darkwing Duck, the one or two most current out of theatres animated movie, stv sequels, and the entire back catalog of Dog with a Blog to round out the roster."}
{"_id": "461592", "title": "", "text": "(To be clear, IRA accounts are just wrappers, and can contain a large variety of investments. I'm restricting myself to the usual setup of investment in the stock market.) So, let's say you have $5000 in savings, as an emergency fund. Of the top of my head, putting some of it into a Roth IRA could backfire in the following ways: The basic principle here is that the stock market is not a good place for storing your emergency cash, which needs to be secured against loss and immediately accessible. Once you're happy with your level of emergency cash, however, tax-advantaged investment accounts are a reasonable next step."}
{"_id": "461593", "title": "", "text": "That's 100% correct. There is a long anthropological legacy of Chiefs destroying wealth as a display of power. The famous example for us American folk is potlatch ceremonies where Cheifs burned of buicks (cars). It was used as a rationale for Congress/department of Indian Affairs to renege on signed treaties.  https://en.wikipedia.org/wiki/Potlatch"}
{"_id": "461614", "title": "", "text": "\"An individual's net worth is the value of the person's assets minus his debt. To find your net worth, add up the value of everything that you own: your house, your cars, your bank accounts, your retirement investments, etc.  Then subtract all of your debt: mortgage, student loans, credit card debt, car loans, etc.  If you sold everything you own and paid off all your debts, you would be left with your net worth. If Bill Gates' net worth is $86 Billion, he likely does not have that much cash sitting in the bank.  Much of his net worth is in the form of assets: stocks, real estate, and other investments.  If he sold everything that he has and paid any debts, he would theoretically have the $86 Billion.  I say \"\"theoretically\"\" because in the amounts of stock that he owns, he could cause a price drop by selling it all at once.\""}
{"_id": "461637", "title": "", "text": "Well, Lowes has always had a domestic, friendly, home-grown marketing appeal to them. Being based in Winston-Salem NC makes their brand a have small-American-city, friendly, non-threatening, community vibe. With this move, some of that could leave a lasting impression on some people. Certainly the 120 people and their friends and family who were laid off. And maybe some people will perceive their brand differently after reading this article/headline."}
{"_id": "461646", "title": "", "text": "&gt;A new Star Wars feature film every two to three years  Ya one of the things that makes the original series so great is that they only made 3. I think by the time we get to Star Wars 27 its gonna start to feel a lot less special than they think."}
{"_id": "461688", "title": "", "text": "\"Ok this is random but now I am super curious -- how can one argue plastic's inability to store value comes artificially/by opinion?  As a man-made good, are there not any finite restrictions on its creation?  It reminds me of the Golgafringians of Douglas Adams' *Life, the Universe, and Everything* when they attempted to make leaves a currency.  Or do you argue something along the lines that plastic's value is artificial in the same manner as the dollar -- whether it is paper or plastic it can represent a promised/existing product despite its potentially infinite nature?  And yeah, I know \"\"potentially infinite\"\" is a TERRIBLE term given the finite nature of anything on earth required to make plastic...but I couldn't come up with a better term though I am sure one exists\""}
{"_id": "461700", "title": "", "text": "The solution to this overly complex bullshit monetary system we currently find ourselves drowning in is to teach the next generation the concept of the *community*.  Instead of competing for resources, the apple farmer, the hunter and the shoemaker must, by necessity, form a community. And they must be taught that competing against each other (capitalism) will doom everyone's existence. Thus, they must develop a cooperative mindset.  BUT this cooperative mindset must still hold each person accountable, otherwise if someone becomes irresponsible and lazy, the system will break down (socialism).   So there must be a cooperative mindset that holds individuals accountable; cooperation is the antidote to capitalism and accountability is the antidote to socialism.  [Reminds me of a *family*](http://www.scribd.com/doc/34551310/The-Principles-That-Govern-Social-Interaction)--the most economically, socially and philosophically sound choice that alleviates us from the slavery and burden of money. In practical terms, this means whenever you view a business as a stranger or whenever a business becomes a stranger to you (big chains like walmart and home depot), you're competing against yourself. And whenever refuse to spank a family member exhibiting dysfunctional behavior (unions and the welfare system), you allow your community to rot from within.   Capitalism is an attack from the outside that will kill a family, and socialism is an attack from within that will make a family die of malnutrition and poor oversight. A community mindset does not equate to an aggressive, dog-eat-dog yuppie or a passive, live and let live, hippie. The best fruit requires both a good soil *and* pruning, and the best society requires both cooperation and discipline."}
{"_id": "461717", "title": "", "text": "If the trend in Sears' net income stays the same, shares should get low enough they could acquire it at a steal. Then again, if brick and mortars like Sears is following the same trend, why would Amazon jump in?"}
{"_id": "461728", "title": "", "text": "Cost talent innovation all go hand in hand.  I can hire 2 skilled labor at cost of one. So companies may hire 1.5 replacement and pocket savings.  Are you going to say we should ban excel? Cause of jobs??  Like I said stop Visa and they will just have office set up off shore..."}
{"_id": "461742", "title": "", "text": "Capitalism has become a religion and laze faire capitalism is a fundamentalist death cult within that religion. laze faire capitalism is to Capitalism as ISIS is to Islam. Wealth has become people's God. And I'm glad the Pope is challenging them. There's too much idol worship and dogma and fundamentalism when it comes to Capitalism. And people need to stop acting like regulation and redistributing wealth are blasphemous in all circumstances.\ufeff"}
{"_id": "461763", "title": "", "text": "\"&gt; How can it be fake news when we're looking at government generated economic data?   Because government economic data shows the economy improved under Trump!  Do you seriously think that stock market is at a record and unemployment is going down and yet \"\"the economy is not doing well under Trump\"\"?\""}
{"_id": "461764", "title": "", "text": "AirCard is one type of modem. It is wireless in type. It is widely used for connecting the internet for mobile devices(such as mobile, laptop) that are not in the range of any kind of Wi-Fi hotspot. There are wide ranges of wireless aircards used in different fields. In this article three of them are discussed."}
{"_id": "461776", "title": "", "text": "For the hundredth time? Your argument was that no one would pay anyone for weed once it got decriminalized. Like you said, you *can* grow carrots and potatoes legally and yet people still go to supermarkets and pay for them. Thus, your argument makes no sense. There still will be value for weed in the market."}
{"_id": "461784", "title": "", "text": "The point of Lewis' speech is that society and culture has (wrongly) been attributing all success to skill alone, and almost completely discounted luck of opportunities as a factor.  It is a given that successful people work hard, they have to in order to make the most of the opportunities they were given.  But the general consensus has been that people who are not successful are not simply because they lacked somehow in skill, determination or dedication.  In doing so, as a society, we (well, the majority anyway) have allowed ourselves to become emotionally separated from those who aren't presented with the same opportunities and instead attribute their failure in life to lack of the aforementioned attributes."}
{"_id": "461795", "title": "", "text": "Haha seemed like it was a big step in agriculture for me! Not that I'm in the industry, but cool to see the development of tech in various fields.   Title seemed intriguing to me haha maybe I'm not too familiar with PR etiquette! Cool company though"}
{"_id": "461803", "title": "", "text": "I think living in a city where you can't take care of yourself. Has led many people to become unable of ever taking care of themselves. I personally would be happy with a few acres of land a house and some solar. But what makes me happy doesn't make other's happy. So I wont even try to force my opinion of what is good in life on them. The only thing stopping me from living my dream and being left alone is you and your taxes. Which no matter how self sufficient I am and how little I need or want the rest of society. I will always be a slave to paying those taxes so your life can be easier and my life can be harder. Take from those who want to share your dream and leave the rest of us alone.  You don't think about that, though, do you?   Edit...[What do you want?](http://www.youtube.com/watch?v=fGHfaYY_1jk)"}
{"_id": "461821", "title": "", "text": "Yes many people operate accounts in usa from outside usa. You need a brokerage account opened in the name of your sister and then her username and password. Remember that brokerages may check the location of login and may ask security questions before login. So when your sister opens her account , please get the security questions. Also note that usa markets open ( 7.00 pm or 8.00 pm IST depending on daylight savings in usa). So this means when they close at 4:00 pm ET, it will be 1:30 or 2:30 am in India. This means it will affect your sleeping hours if you intend to day trade. Also understand that there are some day trading restrictions and balances associate. Normally brokerages need 25,000 $ for you to be a day trader. Finally CFA is not a qualification to be a trader and desire to become a trader doesn't make one a trader. TO give an analogy , just because you want to be a cricketer doesn't make you one. It needs a lot of practice and discipline.Also since in bangladesh , you will always convert the usa amount to bangladeshi currency and think of profits and losses in those terms. This might actually be bad."}
{"_id": "461853", "title": "", "text": "This is a massive simplification of what they do. Having low latency is a prerequisite, but the very fastest HFT desks (i.e. those with the fastest links) are often not the most profitable. The reason they need lower and lower latency is simply to avoid the *other* HFT desks having an advantage. Same for co-location. HFT existed long before co-location and the drive for ultra low latency, and they were making money. If it were as simple as faster = winner, there would only be **one** HFT desk in the world, with the fastest connection to every exchange, and they would be printing money. It doesn't work that way."}
{"_id": "461858", "title": "", "text": "\"You can spend the money quite quickly. The problem is that if there is something wrong with the check, the bank will ask you for the money back. If the check is from a trusted source (a trusted friend, a business with good reputation etc.) that's fine. If the money is from an untrusted source, make sure that having to pay back the money doesn't get you into trouble. Since most people are honest, this is fine for a small amount, but if it's more than you can afford to pay back, don't spend it.  A simple scam is that people send you checks, \"\"by mistake\"\" the check is for the wrong amount, say $910 instead of $190, and they ask you to send the difference back. So you put $910 into your account, send them $720, and six weeks later your bank asks for their $910 back. If someone pays you too much on a check and asks you to pay them the difference, you know it is a scam.\""}
{"_id": "461879", "title": "", "text": "I think people are conflating two orthogonal sets of terms. Unsecured/secured and good/bad are not synonyms. Debt may be secured or unsecured. If I take a loan against a car or house it is typically secured, so the object is collateral against the loan. Bad debt in financial terms is a loan that is not expected to be recovered. A bank might write off a loan or a portion of a loan as bad debt if the borrower goes bankrupt or into administration for example. Both secured and unsecured loans may be considered bad debt. I think the context in which the question is being asked is how to distinguish between sensible and inadvisable borrowing. An extreme example of inadvisable borrowing would be to buy a PC on a store card. PCs devalue very quickly and a store card may charge 30% APR, so paying the minimum off each month would mean paying  more than twice the sticker price for a product that is now worth less than half the original borrowed amount. On the other hand, a 3% mortgage when borrowing less than 60% of the value of a property is a good bet from a lender's perspective, and would be a good debt to have (not as good as no debt, but better thhan a high APR one)."}
{"_id": "461887", "title": "", "text": "you're a moron.  Under Republican President Dwight Eisenhower, the top marginal rate was 95%.  A progressive income tax like this is justified on two grounds: the wealthy have benefitted most from our system, and they are the best able to pay.  With the revenue under the tax code in the 1950's, Eisenhower was able to afford a huge infrastructure project, building the U.S. interstate highway system.  the wealthy assholes and their Republican crooks in Congress have destroyed the progressive income tax and thereby sharply reduced federal government revenues and federal government ability to pay for anything.  The progressive income tax, as it existed under Republican President Dwight Eisenhower, should be restored to allow America to become great again."}
{"_id": "461898", "title": "", "text": "\"&gt;Much of the evidence in support of a skills gap could be explained by employers who are no longer willing to train their employees or raise salaries, and instead want to be able to hire people with exactly the right skills\u2013and on the cheap.  I saw this play out at my previous job. Literally no one got COLA raises, executive management got 10's of thousands of dollars in retention bonuses each year. They would only hire staff that fit the exact roles they were looking for, for the least amount of money through temp agencies... then bitch about the workers behind their backs because they weren't miracle workers doing 200% of what was asked of them. It created a very negative environment that got downright perverse when my boss would claim we're a \"\"family\"\".\""}
{"_id": "461904", "title": "", "text": "CDS is the spread you pay in order to get protection in the event of a bond defaulting. I.e., eliminating your credit risk. Contrast this with ASW/OAS/Z-spread/Spread-to-bench which looks at the excess risk of a bond over the benchmark curve/yield. It's essentially looking at the same idea but derived differently.      Theoretically they move in the same direction but divergence can be an opportunity. Look up CDS basis."}
{"_id": "461911", "title": "", "text": "\"&gt; But You can't call it capitalism currently when the government makes laws that's kills competition  in my post i am specifically referring to \"\"unbridled capitalism\"\" -- otherwise known as crony capitalism -- this is what all other forms of capitalism will grow into if you don't keep close controls over free enterprise.   the US is a crony capitalist society - one where very few people (the  leaders of big businesses and the elite) get to call the shots. the corrupt FDA that we have is the consequence of unchecked capitalism.   it slippery slope began in the mid 70's with the powell memorandum ( https://en.wikipedia.org/wiki/Lewis_F._Powell_Jr.#Powell_Memorandum ), which put an end to the prosperity-for-all of the 50's and 60's and replaced it with prosperity-for-the-rich that we have today.  the laws that our current government makes are a direct result of the evolution of capitalism.   other western countries are eroding slower, but will soon enough decompose into the shithole that we have in america, such as : (i) the federal reserve and a financial system privately owned by a handful of bankers, (ii) the military industrial complex which now sucks nearly half of all our federal taxes to maintain, (iii) the medical cabal which limits competition and charges anything it wants to, (iv) a highly privatized education system that now enslaves our youth to a lifetime of repayments, (v) a privatized prison and border security system which makes profits from picking on the poor, etc, etc, etc\""}
{"_id": "461933", "title": "", "text": "\"So you are paying taxes on your contributions regardless, the timing   is just different. I am failing to see why would a person get an IRA, instead of just   putting the same amount of money into a mutual fund (like Vanguard) or   something like that. What am I missing? You are failing to consider the time value of money. Getting $1 now is more valuable to you than a promise to get $1 in a year, even though the nominal amount is the same. With a certain amount of principal now, you can invest it and it will (likely) grow into a bigger amount of money (principal + earnings) at a later time, and we can consider the two to have approximately equivalent value (the principal now has the same value as the principal + earnings later). With pre-tax money in Traditional IRA, the principal + earnings are taxed once at the time of withdrawal. Assuming the same flat rate of tax at contribution and withdrawal, this is equivalent to Roth IRA, where the principal is taxed at the time of contribution, because the principal now has the same value as the principal + earnings later, so the same rate of tax on the two have the same value of tax, even though when you look at nominal amounts, it might seem you are paying a lot less tax with Roth IRA (since the earnings are never \"\"taxed\"\"). With actual numbers, if we take a $1000 pre-tax contribution to Traditional IRA, it grows at 5% for 10 years, and a 25% flat rate tax, we are left with $1000 * 1.05^10 * 0.75 = $1221.67. With the same $1000 pre-tax contribution (so after 25% tax it's a $750 after-tax contribution) to a Roth IRA, growing at the same 5% for 10 years, and no tax at withdrawal, we are left with $1000 * 0.75 * 1.05^10 = $1221.67. You can see they are equivalent even though the nominal amount of tax is different (the lower amount of tax paid now is equivalent to the bigger amount of tax later). With a taxable investment which you will not buy and sell until you take it out, you contribute with after-tax money, and when you take it out, the \"\"earnings\"\" portion is subject to capital-gains tax. But remember that the principal + earnings later is equivalent to the principal now, which is already all taxed once, and if we tax the \"\"earnings\"\" portion later, that is effectively taxing a portion of the money again. Another way to look at it is the contribution is just like the Roth IRA, but the withdrawal is worse because you have to pay capital-gains tax instead of no tax. You can take the same numbers as for the Roth IRA, $1000 * 0.75 * 1.05^10 = $1221.67, but where the $1221.67 - $750 = $471.67 is \"\"earnings\"\" and is taxed again at, say, a 15% capital-gains rate, so you lose another $70.75 in tax and are left with $1150.92. You would need a capital-gains tax rate of 0% to match the advantage of the pre-tax Traditional IRA or Roth IRA. After-tax money in Traditional IRA has a similar problem -- the contribution is after tax, but after it grows into principal + earnings, the \"\"earnings\"\" part is taxed again, except it is worse than the capital-gains case because it is taxed as regular income. Like above, you can take the same numbers as for the Roth IRA, $1000 * 0.75 * 1.05^10 = $1221.67, but where the $471.67 \"\"earnings\"\" is taxed again at 25%, so you lose another $117.92 in tax and are left with $1103.75. So although the nominal amount of tax paid is the same as for pre-tax money in Traditional IRA, it ends up being a lot worse. (Everything I said above about pre-tax money in Traditional IRA, after-tax money in Traditional IRA, and Roth IRA, also applies to pre-tax money in Traditional 401(k), after-tax money in Traditional 401(k), and Roth 401(k), respectively.) Regarding the question you raise in the title of your question, why someone would get contribute to a Traditional IRA if they already have a 401(k), the answer is, mostly, they wouldn't. First, note that if you merely have a 401(k) account but neither you nor your employer contributes to it during the year, then that doesn't prevent you from deducting Traditional IRA contributions for that year, so basically you can contribute to one or the other; so if you only want to contribute below the IRA contribution limit, and don't need the bigger 401(k) contribution limit, and the IRA's investment options are more attractive to you than your 401(k)'s, then it might make sense for you to contribute to only Traditional IRA. If you or your employer is already contributing to your 401(k) during the year, then you cannot deduct your Traditional IRA contributions unless your income is very low, and if your income is really that low, you are in such a low tax bracket that Roth IRA may be more advantageous for you. If you make a Traditional IRA contribution but cannot deduct it, it is a non-deductible Traditional IRA contribution, i.e. it becomes after-tax money in a Traditional IRA, which as I showed in the section above has much worse tax situation in the long run because its earnings are pre-tax and thus taxed again. However, there is one good use for non-deductible Traditional IRA contributions, and that is as one step in a \"\"backdoor Roth IRA contribution\"\". Basically, there is an income limit for being able to make Roth IRA contributions, but there is no income limit for being able to make Traditional IRA contributions or for being able to convert money from Traditional IRA to Roth IRA. So what you can do is make a (non-deductible) Traditional IRA contribution, and then immediately convert it to Roth IRA, and if you did not previously have any pre-tax money in Traditional IRAs, this achieves the same as a regular Roth IRA contribution, with the same tax treatment, but you can do it at any income level.\""}
{"_id": "461937", "title": "", "text": "If it were me, I'd pour my entire savings into paying down the mortgage. I'd also get a HELOC and a personal LOC to use as my emergency fund if I didn't have one already. I personally don't like paying interest on loans when I have cash in the bank to cover it."}
{"_id": "461943", "title": "", "text": "\"You can technically initiate an ACH transaction (debit or credit) with just the routing number and the account number. As a consumer - most banks will not allow you doing this without some sort of verification of authority. But if you have a direct ACH access (like many billers do) - you can do that and nothing will stop you. You can also print checks with the account/routing info on them and use them. That said - these actions are illegal and reversible. People who do this are usually making \"\"sting\"\" operations where they deposit forged checks and withdraw the money in cash quickly, before the check bounces back as a fake. The loss is then on the bank that allowed them depositing the checks (that's why new accounts usually have much longer holds on deposits than older established ones).\""}
{"_id": "461948", "title": "", "text": "\"Check out the \"\"rewards checking\"\" accounts listed on this thread at fatwallet finance forums. You could easily get 3.5% - 4% right now if you are willing to do the rewards checking dance. If not, you should look into the 1-2% accounts at the top. I use Alliant CU and their website is nice (and they give you your credit score every six months).\""}
{"_id": "461953", "title": "", "text": "\"This is great for whole foods because they started struggling recently. Their margins were thinning and competition is getting bigger.    Bezos wanted a good introduction to the industry for his \"\" just walk out \"\" technology and whole foods has the perfect demographic to adopt to that change than anyone really.\""}
{"_id": "461960", "title": "", "text": "Maybe, I'm confused too...but I would have to disagree, the numbers wouldn't be the same.  Also, they are not the same thing.  * NOA = Operating assets - Operating Liabilities * IC = Equity + Debt  Example: Company has $1000 Equity, $1000 Debt, $2000 Assets  * Company's NOA is $1000 * Company's IC is $2000"}
{"_id": "461968", "title": "", "text": "\"Like as if the USA does not have more enemies and more dangerous enemies (NK and Iran with nuclear weapons, both say publicly \"\"death to America\"\").  In any case, Obama was the best president-sales-person of American weapons and kept the USA in more wars and constantly in wars than any other president.\""}
{"_id": "461976", "title": "", "text": "I\u2019m actually curious why you think this is great as a marketer. I was under the impression that ads do better when people don\u2019t know they\u2019re an ad. Although I don\u2019t understand how people don\u2019t realize most of what they see on popular accounts is paid advertising."}
{"_id": "461983", "title": "", "text": "\"Not really. There was a hiring freeze and most agencies are limited to replacement hiring only, but there hasn't been any massive reduction in force. To the extent he did \"\"fire people,\"\" they were political appointees ordinarily replaced with the new administration. While most of those positions haven't been filled by a new appointee, this just means that someone is temporarily performing that job in an \"\"acting\"\" role.\""}
{"_id": "461996", "title": "", "text": "All of us require exact same time loan products. Cash is actually limited nowadays. Employment market and also the overall economy most importantly will be featuring people countless economical battles. Simply no consider this numerous among us are applying same exact daytime finances to aid via the remaining portion of the thirty days ahead of the future salaryday happens. ame daytime finances are made to assist people to who also you do not have the administrative centre to their rear , nor have got various other types of credit rating."}
{"_id": "462000", "title": "", "text": "As a tourist, you will definitely find New York to be one of the best places to visit during the summers as well as winters. Through our company website which you can save lots of money by selecting the cheap hotels and other transport. Hotels in New York are the most important thing to know about at the time when you are really willing to visit New York City. With TravelGuysOnline travelers may face not anyone difficulty in searching and selecting Cheap accommodation in New York City."}
{"_id": "462019", "title": "", "text": "If you're willing to pay a fee, you can probably just get a commercial appraiser to give you a valuation.  In Australia I think it's around $100-200."}
{"_id": "462020", "title": "", "text": "Paying yourself first involves getting some part of your income somewhat out of reach, with the intent that you don't spend it during the month.  It could be a retirement account, a savings account, or something similar. It's in contrast to saving whatever is left over at the end of the month: paying yourself last. The intent is to renormalize spending levels down, effectively living on a smaller income and saving or investing the difference.  The lower spending levels will become normal, and it won't feel quite as much like a belt-tightening exercise."}
{"_id": "462033", "title": "", "text": "\"What disconnect? And I'm not even kidding here - where is it? Do you really think that arbitrage that is a pittance compared to long term trading somehow distorts the process that some people claim is actually socially beneficial? Given that there's really no evidence of it causing misallocation or mispricing, what is the problem? That some dumbass day trader (who is, by the way, trying to make money in exactly the same way as the HFT people - he's just worse at it) got screwed over by some not-quite-as-dumbass people working at Goldman Sachs?  And why would you think that HFT (or any other advancement) is somehow related to such a thing; we've had \"\"speculation\"\" and foul play of various types for hundreds of years. What is it that is fundamentally different this time that wasn't there in, for example, the 80s?\""}
{"_id": "462036", "title": "", "text": "\"This may be a bit advanced now, but once you start really working and get a place, I think this will apply more... Do I set up a bank account now? Yes. There is no reason not to. As an adult you will be using this much more than you think.  Assuming you have a little money, you can walk in to any bank almost any day of the week and set up an account with them in very little time. Note that they may require you to be 18 if your parents won't be with you on the account. Otherwise, just ask any bank representative to help you do this. Just to be clear, if you can get a credit union account over a typical bank account, this is a great idea. Credit unions provide exactly the same financial services as a normal bank, but typically have variety of advantages over banks.   Bank Account Parts Bank accounts typically have two parts, a checking account and a savings account. Your checking account typically is what you use for most day-to-day transactions and your savings account is generally used for, well, saving money.  Having a bank account often gives you the following advantages: They give you an ability to store money without having large amounts of cash on hand. Once you start working regularly, you'll find you won't want to keep ~$600+ cash every two weeks in your wallet or apartment. They help you pay bills. When you set up your bank account, you will likely be able to get a Visa debit card which will process like a regular credit card but simply deduct funds from your checking account. You can use this card online to pay utilities (i.e. electricity and water), general bills (e.g. your cell phone and cable), purchase items (ex. at Amazon) or use it in stores to pay in lieu of cash.  Be aware -- some banks will give you an ATM-only card before they send you the Visa debit card in the mail. This ATM-only card can only be used at ATMs as it's name implies.  Similarly, if you can invest about ~$200 to build your credit, you can often get a deposit secured credit card attached to your account (basically a credit card where the bank keeps your money in case you can't pay your bill). If you treat this card with responsibility, you can eventually transition to an unsecured credit card. They save you hassles when cashing your check. If you don't have a bank where you can cash your check (e.g. you don't have an account), you will likely be charged check cashing fees (usually by places such as grocery stores or payday loan chains, or even other banks). Furthermore, if your check is over a certain amount, some places may refuse to cash your check period and a bank may be your only option. They give you a way to receive money electronically. The most common example of this is direct deposit. Many employers will send your money directly to your bank account instead of requiring you to cash a check. If they are prompt, this money gets to you faster and saves you trouble (on payday, you'll just receive a pay stub detailing your wages and the amount deposited rather than a check).  Also, since you asked about taxes, you should know that when you do eventually file with the IRS, they have an option to receive your tax refund electronically as well (e.g. direct deposit into your bank account) and that can literally save you months in some cases depending on when you file your return and how many paper checks they have to process. Does it cost money to setup? It depends. Some banks have special offers, some don't. Most places will set up an account for free, but may require a minimum deposit to open the account (typically $50-$100). The Visa debit card mentioned above generally comes free. If you want a secured credit card as above, you will want about an additional $200 (so $250 - $300 total). Note that this is absolutely NOT required. You can exclusively use the Visa debit card above if you wish. Bank Account Fees Any fees charged when you have a bank account are usually minor anymore. Regardless, the bank will hand you a whole bunch of paperwork (mostly in legalese) detailing exactly how your account works. That said, the bank person helping set things up will cover what you need to know about keeping the account in plain English. The most common types of fee associated with a bank account are monthly maintenance fees and overdraft fees, but these aren't always necessarily charged. Likewise, there may be some other fees associated with the account but these vary from bank to bank.  Monthly Maintenance Fees To give some examples... Overdraft Fees Overdraft fees are typically charged when you attempt to spend more money than you have in your bank account and the bank has to cover these charges. Overdraft fees typically apply to using paper checks (which it is unlikely you will be using), but not always.  That said, it is very unlikely you will be charged overdraft fees for three reasons: Many banks have done away with these fees in lieu of other ways of generating revenue.    Banks that still charge these fees usually have \"\"overdraft protection\"\" options for a little more money a month, effectively negating the possibility you will be charged these fees.  The ability to deduct an amount of money from your checking account is now typically checked electronically before the payment is authorized. That is, using a Visa debit card, the card balance is checked immediately, and even when using paper check, most retailers have check scanning machines that do roughly the same thing. On a personal note, the bank that I have allows my account to be deducted below my checking account balance only if the payment is requested electronically (e.g. someone who has my card information charges me for a monthly service). In this case, the funds are simply listed in the negative and deducted from any amount I deposit till the proper amount is repaid (e.g. if I'm at -$25 dollars due to a charge when my account balance was $0 and then I deposit $100, my available balance will then be $75, not $100). Finally, per the comment by @Thebluefish, while I minimize the likelihood you will be charged overdraft fees, it is good to check into the exact circumstances under which you might be charged unexpectedly by your bank. Read the documentation they give you carefully, including any mailed updates, and you'll reduce the chance of receiving a nasty surprise. For reference, here are some of the fees charged by Bank of America. What about taxes? When you begin working, an employer will usually have you fill out a tax form such as a W-4 Employee's Withholding Allowance Certificate so that your employer can withhold the correct federal income tax from your wages. If they don't, then it is your responsibility to calculate and file your own income taxes (if you are self-employed, an independent contractor or paid under the table).  If your employer is reputable, they will send you additional information (generally in February) you need to properly file your taxes prior to April 15th (the IRS tax deadline for most people). This additional information will likely be some variation of a W-2 Wage and Tax Statement or possibly a Form 1099-MISC.  Do I have to worry about money in my bank account? Unless you have a significant amount in your bank savings account earning interest (see \"\"Should I save for the future?\"\" below), you won't have to pay any sort of tax on money in your bank account. If you do earn enough taxable interest, the bank will send you the proper forms to file your taxes. How do I file taxes? While it won't apply till next year, you will likely be able to fill out a Form 1040EZ Income Tax Return for Single and Joint Filers With No Dependents, as long as you don't have any kids in the meantime. ;-) You will either mail in the paper form (available at your local IRS office, post office, public library, etc.) or file electronically. There will be a lot of information on how to do this when the time comes, so don't worry about details just yet.  Assuming your all paid up on your taxes (very likely unless you get a good paying job and take a lot of deductions throughout the year on your W-4), you'll probably get money back from the IRS when you file your tax return. As I mentioned above, if you have a bank account, you can opt to have your refund money returned electronically and get it much sooner than if you didn't have a bank account (again, possibly saving you literal months of waiting). Should I save for my future? If so, how much? Any good articles? Yes, you should save for the future, and start as soon as possible. It's outside the scope of this answer, but listen to your Economics professor talk about compound interest. In short, the later you start saving, the less money you have when you retire.  Not that it makes much difference now, but you have to think that over 45 years of working (age 20-65), you likely have to have enough money for another 20+ years of not working (65-85+). So if you want $25,000 a year for retirement, you need to make ~$50,000 - $75,000 a year between your job and any financial instruments you have (savings account, stocks, bonds, CDs, mutual funds, IRAs, job retirement benefits, etc.) Where you should stick money your money is a complicated question which you can investigate at length as you get older. Personally, though, I would recommend some combination of IRA (Individual Retirement Account), long term mutual funds, and some sort of savings bonds. There is a metric ton of information regarding financial planning, but you can always read something like Investing For Dummies or you can try the Motley Fool's How To Invest (online and highly recommended). But I'm Only 17... So what should you do now? Budget. Sounds dumb, but just look at your basic expenses and total them all up (rent, utilities, phone, cable, food, gas, other costs) and divide by two. Out of each paycheck, this is how much money you need to save not to go into debt.  Try to save a little each month. $50 - $100 a month is a good starting amount if you can swing it. You can always try to save more later. Invest early. You may not get great returns, but you don't need much money to start investing. Often you can get started with as little as $20 - $100. You'll have to do research but it is possible. Put money in your savings account. Checking accounts do not typically earn interest but money in savings accounts often do (that is, the bank will actually add money to your savings assuming you leave it in there long enough). Unfortunately, this rate of interest is only about 3.5% on average, which for most people means they don't get rich off it. You have to have a significant amount of money ($5,000+) to see even modest improvements in your savings account balance each month. But still, you may eventually get there. Get into the habit of putting money places that make you money in the long run. Don't go into debt. Don't get payday loans, pawn items, or abuse credit cards. Besides wrecking your credit, even a small amount of debt ($500+) can be very hard to break out of if you don't have a great paying job and can even make you homeless (no rent means no apartment).  Remember, be financially responsible -- but assuming your parents aren't totally tight with money, don't be afraid to ask for cash when you really need it. This is a much better option than borrowing from some place that charges outrageous interest or making your payments late. Have an emergency account. As already mentioned in another excellent answer, you need to have money to \"\"smooth things out\"\" when you encounter unexpected events (your employer has trouble with your check, you have to pay for some sort of repair bill, you use more gas in your car in a month than normal, etc.) Anywhere from $200 - $2000+ should do it, but ideally you should have at least enough to cover a month of basic expenses. Build good credit. Avoid the temptation to get a lot of credit cards, even if stores and banks are dying to give them to you. You really only need one to build good credit (preferably a secured one from your bank, as mentioned above). Never charge more than you can pay off in a single month. Charging, then paying that amount off before the due date on your next statement, will help your credit immensely. Likewise, pay attention to your rent, utilities and monthly services (cell phone, cable, etc.). Even though these seem like options you can put off (\"\"Oh my electric bill is only $40? I'll pay that next month...\"\") late payments on all of these can negatively affect your credit score, which you will need later to get good loans and buy a house.  Get health insurance. Now that the Affordable Care Act (ACA a.k.a Obamacare) has been enacted, it is now simpler to get health insurance, and it is actually required you have some. Hopefully, your employer will offer health coverage, you can find reasonably priced coverage on your own, or you live in a state with a health exchange. Even if you can't otherwise get/afford insurance, you may qualify for some sort of state coverage depending on income. If you don't have some sort of health insurance (private or otherwise), the IRS can potentially fine you when you file your taxes. Not to be too scary, but the fine as currently proposed is jumping up to about $700 for individuals in 2016 or so. So... even if you don't grab health insurance (which you absolutely should), you need to save about $60 a month, even if just for the fine.  This answer turned out a bit longer than intended, but hopefully it will help you a little bit. Welcome to the wonderful world of adult financial responsibility. :-)\""}
{"_id": "462050", "title": "", "text": "\"The easiest and least expensive way of doing this, similar to the answer from Randy Coulman, is to write a check and deposit it into the Canadian Institution. Since this transfer is between accounts you own the easiest thing to do is to do a deposit by mail. Contact your current institution on where you would need to mail your deposit to. You can then write yourself a check on the US bank and mail it to the Canadian bank; be sure to write \"\"For Deposit Only\"\" along with your account number (and Branch Number for Canada) on the back. This is the slowest, but cheapest method. An alternative option is to use Wire Transfers, but they can be very costly (you'll usually incur a fee when sending and when receiving). I only recommend them when you need the money in the account fast (they are usually settled within an hour).\""}
{"_id": "462061", "title": "", "text": "Try looking up PeCan Pie paragraphs, it\u2019s a new system we have for writing long answers in the UK at A Level, I highly recommend you get used to it as it can save a lot of time and score a large amount of marks with little writing."}
{"_id": "462075", "title": "", "text": "\"&gt;Basically interest rates are near 0 and the banks are very risk adverse right now, so they sit on reserves instead of lending them out.  There is a very significant reason (actually a couple) that the banks are \"\"sitting on reserves\"\":  1. The large banks have HUGE derivative exposure and HUGE potential losses (and anyone who denies that has apparently been hiding under a rock and missed the news of JPMorganChase) -- while the reserves held are not enough to cover ALL of those potential derivative losses (nor do they have to), the bankers are uncertain of what their REAL exposure is, and so they want to (and indeed are probably being told to) hold onto enough to prevent a catastrophic \"\"insolvency\"\" situation.  2. The Fed is paying interest on excess reserves (likewise, this is no secret). This serves a two-fold purpose of making the banks *appear* to be solvent (even in the face of potentially HUGE derivative exposure); and secondarily it is a way to \"\"gift\"\" the banks with money -- known as \"\"recapitalizing\"\" them.  What Krugman is engaging in is simple misdirection. Now whether this is because he actually believes his own bullshit, or whether he is being intellectually dishonest... is anyone's guess. (Hanlon's razor would tell us it is the former, rather than the latter; but that isn't really dispositive in a single case and is rather a general principle. Occam's razor doesn't tell us anything in regard to this, since either is a fairly simple and straight-forward explanation; and given the history of \"\"economists\"\" as being professional apologists &amp; apparatchiks in service of the financial &amp; government establishment, the latter is at least as likely as the former.)\""}
{"_id": "462091", "title": "", "text": "I've seen Target stores with some strange layouts in buildings that they didn't build themselves, and those stores have succeeded, so I wouldn't necessarily blame the reuse of existing buildings, in and of itself, as a factor.  My local Target is a former Montgomery Ward store, and has a somewhat unorthodox bi-level layout because of this, especially when compared to two bi-level stores that Target built themselves in nearby towns.  But all three stores are successful.  Target's problem with buying out the Zellers leases was that they had too large of a store footprint before they were ready to service it.  If they had started small with one or two locations and then built up gradually, they would have probably been fine, working the bugs out on a few stores vs. 100+ stores.  A Zellers acquisition could have happened later on."}
{"_id": "462106", "title": "", "text": "The product descriptions for FFA swaps and options can be found here:  http://www.lchclearnet.com/freight/ffas/products.asp The index (e.g. the BFA) is based on the settlement prices of the P2, P2A, and C4 contracts and the panamax TC routes.  As such it's just a performance index and replicates the returns you'd get from holding a portfolio of the constituents. I think from the clearing descriptions everything should be clear.  The wording in the link on the Baltic Exchange website is a bit nebulous.  I think they mean standardised instead of specified.  Because that's what sets the FFABA apart from OTC agreements or OTC spot markets. Edit: For more information on financial instruments in general see the Handbook of Financial Instuments.  I haven't got the latest edition but I doubt he will mention FFAs, CFSAs, or anything that's specific to maritime markets but after all they're just plain forward agreements over a not-so-common underlying."}
{"_id": "462113", "title": "", "text": "IMO almost any sensible decision is better than parking money in a retirement account, when you are young. Some better choices: 1) Invest in yourself, your skills, your education. Grad school is one option within that. 2) Start a small business, build a customer base. 3) Travel, adventure, see the world. Meet and talk to lots of different people. Note that all my advice revolves around investing in YOURSELF, growing your skills and/or your experiences. This is worth FAR more to you than a few percent a year. Take big risks when you are young. You will need maybe $1m+ (valued at today's money) to retire comfortably. How will you get there? Most people can only achieve that by taking bigger risks, and investing in themselves."}
{"_id": "462114", "title": "", "text": "Boy that's an over-simplification of Marxist theory if I ever heard one.  You think that the past 150 years of Marxist thinking amounts to the idea that economies trade in effort?  Whew.  Read the texts you're talking about before talking about them."}
{"_id": "462125", "title": "", "text": "#2 is really important.    Western tourists hate getting assaulted by a bunch of shouting people who are all trying to get their attention and sell them something.  It's really stressful.   You just need to be calm, quiet, smile, make eye contact, and speak in normal English to get attention.  Some distinctive/visible clothes/hat/trademark accessory could be helpful just to make you stand out a bit and be memorable.         I would get a tshirt printed with the front explaining your services/prices to major destinations and the back with important info that can be read while driving."}
{"_id": "462135", "title": "", "text": "\"Because more people bought it than sold it. That's really all one can say. You look for news stories related to the event, but you don't really know that's what drove people to buy or sell. We're still trying to figure out the cause of the recent flash crash, for example. For the most part, I feel journalism trying to describe why the markets moved is destined to fail.  It's very complicated. Stocks can fall on above average earnings reports, and rise on dismal annual reports. I've heard a suggestion before that people \"\"buy on the rumor, sell on the news\"\". Which is just this side of insider trading.\""}
{"_id": "462148", "title": "", "text": "I would go to the bank and ask for another card and U will sleep like a baby :)"}
{"_id": "462164", "title": "", "text": "\"The economics in this are pretty, let's just say weird/off.  US looks richer because of borrowing money therefore it's currency appreciates in relation to other countries? I don't see the logic in this one.   The outsourcing jobs overseas phenomenon is a long term one. Firms don't do it cyclically with recessions. Recessions might force the hand of some firms to outsource but I don't see businesses suddenly bringing those jobs back en mass when a boom occurs. It also ignores the fact that when firms outsource, they can provide goods at a cheaper rate domestically thereby bringing down some costs. The decrease in costs might even make it cheaper for businesses to operate thereby allowing enough savings to hire more people. Who knows, the whole effect is somewhat ambiguous. To simply select the worst possible scenario and explain only that is pretty obvious bias.  \"\"... When Uncle Sam can no longer pay it's bills\"\" The video says it like it's a certainty. Somehow he knows for a fact that the US will default soon yet the Investment Banks with teams of analysts don't.\""}
{"_id": "462183", "title": "", "text": "If you selected a mortgage that allows additional payments to be credited against the principal rather than as early payment of normal installments, them yes, doing so will reduce the actual cost of the loan. You may have to explicitly instruct the bank to use the money this way each time, if prepay is their default assumption. Check with your lender, and/or read the terms of your mortgage, to find out if this is allowed and how to do it. If your mortgage doesn't allow additional payments against the principal, you may want to consider refinancing into a mortgage which does, or into a mortgage with shorter term and higher monthly payments, to obtain the same lower cost (modulo closing costs on the new mortgage; run the numbers.)"}
{"_id": "462184", "title": "", "text": "In no ways. Both will be reported to the members on their K1 in the respective categories (or if it is a single member LLC - directly to the individual tax return). The capital gains will flow to your personal Schedule D, and the business loss to your personal Schedule C. On your individual tax return you can deduct up to 3K of capital losses from any other income. Business loss is included in the income if it is active business, for passive businesses (like rental) there are limitations."}
{"_id": "462193", "title": "", "text": "\"It sounds like you're massively under-selling yourself.  You presumably have a degree to get into the PhD program, and you now have work experience as well.  But you're applying for jobs in fast food restaurants. You may struggle to get a job because they will expect you to only be there a few weeks until you find a \"\"proper\"\" job.\""}
{"_id": "462216", "title": "", "text": "If its FOB then they will advise you an address to collect from. Once you collect all costs are your responsibility. The easiest way to cost it to find a shipping agent who is experienced in shipping from China and they will now the normal processes and prices for the city you are buying from.  They will also advise on import duties, customs clearance and delivery costs to your door. They are the experts to ask about importing from China with regards to shipping."}
{"_id": "462218", "title": "", "text": "No, what I'm saying is that the extant regulations have created such massive overheads to compliance that *only* big businesses can operate in that market because of the expenses required to be compliant. Eliminating that overhead would reduce expenses and make it possible for a greater diversity of firms to exist, reducing the *average size of any individual firm*, and increasing stability through diversity."}
{"_id": "462231", "title": "", "text": "So what are the underlying causes of these changes? I find it hard to believe it's just inclement weather.   Iraq was the home of the first civilization but hasn't done much since. But it does seem like every region has had its heyday except Africa where it reigned supreme.   So is it Europeans willingness to adopt new military technology that lead to their success conquering, developing a dominant culture and society?"}
{"_id": "462237", "title": "", "text": "\"Also here's a source for the $3.7 trillion number.      http://www.bloomberg.com/news/2011-12-08/u-s-municipal-bond-market-28-larger-than-estimated-federal-reserve-says.html    It's not 'incorrect data'.        EDIT:  Furthermore, in order to know the \"\"extent\"\" of the crime (your own admission) we NEED to know the size of the entire market otherwise you can't have any perspective or determine extent.  So there's no reason it shouldn't be mentioned in the article.\""}
{"_id": "462255", "title": "", "text": "I'm not business-savvy, but that seems like a very good idea. My wife works for a not-for-profit company, yet the CEO still makes $8,000,000 a year, *not* counting bonuses. I think in a for-profit, the CEO could easily afford to pay more employees to fill the gap made by decreasing the free labor he's used to."}
{"_id": "462259", "title": "", "text": "...which just proves my point. Why go to McDonalds when I can serve them up in minutes, have leftovers, and the whole meal costs less than what McDonalds is charging? It would be different if McDonalds had a teleporter to beam that burger to my doorstep within seconds...but they don't. By the time I drive there, pick up an order, and drive back, I could've made my own meal for less."}
{"_id": "462265", "title": "", "text": "\"Priced in just means that the speaker thinks the current price has already taken that factor into account. For example, the difference in price right before and right after a dividend is released often differ exactly by that dividend -- the fact that the dividend would function as a \"\"relate\"\" on the purchase price was priced into the earlier quote, and its absence for another year was priced into the later quote. The ten can be applied to any expected or likely event, if you really think the price reflects that opportunity of risk. It just means that this factor, in the speaker's opinion, doesn't create an opportunity one can take advantage of.\""}
{"_id": "462267", "title": "", "text": "&gt;First of all QE is an increase of money supply but using non conventional measures(there might be exceptions) some examples of this measures are changing interest rates or TLTRO.  Ok, but how is this different from printing money? I mean the money supply goes up in both cases, right? Shouldn\u00b4t this cause massive inflation?  &gt;As to why this hasnt transitioned into more inflation, which in the end has but years after, has been a question that people have asked a lot. One of the reasons for this is the transmission mechanism not working properly, which implies that despite the fact banks have received money, they havent been able to move it to the real economy hence not increasing prices.  I have read that all QE has done is basically make the prices of assets such as housing, stocks, art and whatnot skyrocket. As if all the extra money has gone to a very few, specific areas while not touching the rest of the economy.  Is this something you agree with? Thanks for your reply, btw!"}
{"_id": "462291", "title": "", "text": "Using a different cost basis than your broker's reporting is NOT a problem. You need to keep your own records to account for this difference. Among the other many legitimate reasons to adjust your cost basis, the most popular is when you have two brokerage accounts and sell an asset in one then buy in another. This is called a Wash Sale and is not a taxable event for you. However from the perspective of each broker with their limited information you are making a transaction with tax implications and their reported 1099 will show as such. Links:  https://www.firstinvestors.com/docs/pdf/news/tax-qa-2012.pdf"}
{"_id": "462312", "title": "", "text": "At the current rates, stated in the question, I would push additional funds towards your Stafford loans as their higher interest rates will incur interest charges almost 3 times faster than your private loans. With my loans I have not seen much information regarding private loans jumping the interest rate close to the 6.8% any time in the coming years (if others have insight to this I look forward to the comments).  Due to the private loans being variable there is an element of risk to their rates increasing. Another way to look at it may be to prorate your amount of extra payments according to their interest rate.  $1,000 x 0.068 /(0.068 + 0.025) = $731.18 Toward your Stafford Loans $1,000 x 0.025 /(0.068 + 0.025) = $268.82 Toward your Private Loans"}
{"_id": "462322", "title": "", "text": "Thanks medikit, your answer is 100% correct. Bank of America was forced to accept TARP funds because the US Govt did not want there to be a split between banks who took TARP and those who didn't. Bank of America did NOT need the money, hence they were really unhappy with the strings it came attached with. Rumor has it that they also wanted out of the Countrywide deal after looking at the books, but they were forced by Treasury not to pull out of the deal (a pull-out would signal that things are really bad). The govt offered some deal sweeteners, deal went ahead, then the govt spent the next few years suing Bank of America due to loans originated by Countrywide prior to the acquisition. The CEO ended up having to resign based on the shitshow that was that deal."}
{"_id": "462327", "title": "", "text": "\"&gt;Armed fire investigator.  Ah, so you are NEITHER \"\"police\"\" nor \"\"fire\"\".  Do you write your reports and testify in court with the same kind of disingenuous statements and misleading claims?  &gt;So only the most dangerous jobs should have a voice in their own safety?  Unless I am mistaken, you CHOSE your profession, correct?  I mean you weren't \"\"assigned\"\" to it by some central politburo.\""}
{"_id": "462333", "title": "", "text": "\"&gt; Boeing's union workers are overcompensated.  Compared to who? Some hypothetical unemployed North Carolinian? By that metric, we're all \"\"overcompensated.\"\" I guarantee you that there's someone, somewhere (probably many someones in many somewheres) that would be happy to do your job for a lot less money. Does that mean that all publicly traded companies have a duty to demand tax incentives to not move to North Carolina, or Poland, or Cambodia? I may sound hyperbolic about this, but I'm completely serious in that question. Calling someone overcompensated means that the prevailing wage in the competitive labor market for the same quality of work is lower, not just assuming that someone would be willing to do it if you offered them $40k and a wrench.  The fact is, Boeing has not been able to produce any compelling data about \"\"overcompensated\"\" workers ([the NLRB just ruled that it has failed in doing so with it's engineering union and has ordered it to back up their claim](http://www.kplu.org/post/nlrb-judge-boeing-failed-bargain-good-faith-speea)), so all you've got is a baseless assertion behind this whole argument.  Moreover, the idea that Boeing \"\"needs to reduce wages in order to remain competitive\"\" is baseless as well. That's easy to say and strikes an intuitive chord with the public, but there's no evidence that Boeing \"\"needs\"\" to do this. They may want to do it, but they could save the same amount of money in countless other ways (stopping making stupid decisions to outsource large components around the world would be a great way to save money, for starters). Reducing wages is a desire, not a need.\""}
{"_id": "462339", "title": "", "text": "NapiGator SEO is NYC's Premium SEO Agency. Our enterprise grade SEO services have helped hundreds of small businesses from across the globe to grow their sales, traffic, and rankings. Unlike others companies who palm off your essential work to juniors to save costs, we firmly believe that your work should be delivered by a true expert, not an intern with no business knowledge. This is why we proudly stand behind our 'Experts Only' Policy, where only team members with over 10 years of experience work for clients campaigns. For more information on how we can grow your business exponentially, call us today."}
{"_id": "462346", "title": "", "text": "\"Private Selection isn't even Kroger's \"\"brand that has the cheap price.\"\" They are a midrange product, costing only slightly less than mainstream national brands while being of comparable or even better quality.  Kroger even offers multiple store brands in some product categories... for example, in pasta sauces you will see (in increasing order of cost) Kroger brand, Private Selection, and Simple Truth Organic. N.B. the Private Selection marinara is really good!\""}
{"_id": "462367", "title": "", "text": "Questions regarding loans, refinancing, mortgages, credit cards, investing and anything else that may be related to personal finance should be directed towards the subreddit r/personalfinance. We have provided the link to that subreddit below.   [----&gt;  Over there on the sidebar.](http://www.reddit.com/r/personalfinance/) Jus' say'in."}
{"_id": "462379", "title": "", "text": "The idea is it concurrently drives prices down, due to labour costs. Society will have to be generally less materialistic, and those in production will probably require different taxation to keep capital and labour fairly even, but yes, it's going to happen one way or another,"}
{"_id": "462382", "title": "", "text": "\"There are multiple problems with your claim. Firstly, in some places Uber and Lyft *are* regulated. In California, they are regulated as [Transportation Network Companies](http://www.cpuc.ca.gov/PUC/Enforcement/TNC/TNC_Licenses_Issued.htm). Secondly, I don't think this particular practice (calling in fake rides) is something that is prohibited by regulations, or at least enforced, for existing industries like taxis and livery cars. I have heard anecdotes that taxi companies routinely do the same thing, and that this is why taxis often don't show up if you call and request one. I think your attribution of this practice to \"\"unregulated capitalism\"\" is misguided.\""}
{"_id": "462384", "title": "", "text": "No. Busts are very infrequent, and if an equity were illiquid enough to be affected, the bust cost would be enormous. For a liquid equity, the amount of busted volume is insignificant except during a flash crash or flash spike.  Then it would be reasonable to redownload."}
{"_id": "462403", "title": "", "text": "I can't think of any more negatives apart from what you mentioned, but the positives might include higher cost base for when you sell the place (this only applies in Australia if it is an investment property) thus having to pay less tax on the capital gains, and being able to borrowing extra funds which may help with your cashflow (especially if you keep the extra funds in an 100% offset account so your interest payable is not increased until you really need the extra funds)."}
{"_id": "462413", "title": "", "text": "Ranch area on the market in Tx can provide the landscape requirements of nearly any monitoring preference. From jungles and grassy flatlands to marshlands or the mountain ranges, whatever you\u2019re looking for, you\u2019ll look for the best setting with [Land for Sale in Texas](http://texashuntingland.com/)."}
{"_id": "462415", "title": "", "text": "And dolts like you are the reason that they HAVE to keep repeating how terrible of a job he is doing. Because for some idiotic reason, you /r/the_Donald retards can't seem to wrap your teeny little brains around the fact that he has done nothing but lie and bullshit and point hit stubby little fingers at others, making the absolute worst decision possible at every turn."}
{"_id": "462436", "title": "", "text": "Ultimately the question is more about your personality and level of discipline than about money.   The rational thing to do is hang on to your cash, invest it somewhere else, and pay off the 0% loan as late as possible without incurring penalties or interest.  Logically it's a no-brainer.  Problem is, we're humans, so there's a risk you'll slip up somewhere along the way and not pay off the loan in time.  How much do you trust yourself?"}
{"_id": "462439", "title": "", "text": "Found a [newer source.](http://oilprice.com/Energy/Crude-Oil/Inside-The-Worlds-Most-Sophisticated-Refining-Industry.html) but it backs up your position pretty well.   However, &gt;The U.S. would send its ultra-light crude oil from shale formations up to Canada and Canadian producers would blend that ultra-light oil with heavy crude from Canada\u2019s Oil Sands  That was a good read. Thanks for calling me out, it's been a few years since I've been in the field (South Texas Eagleford almost exclusively). Cheers."}
{"_id": "462440", "title": "", "text": "First off, I would question why do you need a LI policy?  While you may be single are you supporting anyone?  If not, and you have some money saved to cover a funeral; or, your next of kin would be able to pay for final expenses then you probably don't have a need.   In, general, LI is a bad investment vehicle.  I do not know hardly anything about the Indian personal finance picture, but here in the US, agents tout LI as a wonderful investment.  This can be translated as they make large commissions on such products. Here in the US one is far better off buying a term product, and investing money elsewhere.  I image it is similar in India. Next time if you want to help a friend, listen to his sales presentation, give some feedback, and hand him some cash.  It is a lot cheaper in the long run."}
{"_id": "462457", "title": "", "text": "Think about contributing to both a Traditional IRA and a Roth IRA if you have the funds. In theory, you could receive the lowest tax rates by depositing money into a regular IRA during years of democratic rule, depositing money into a Roth during years of Republic rule, and then withdrawing from the Roth during democratic rule and the tradition during Republican rule. Then you would be depositing with lower tax rates and withdrawing with lower tax rates. Granted this method would involve some speculation."}
{"_id": "462463", "title": "", "text": "Braeburn is no more a hedge fund than any other off-shore entities corporations create to manage taxes creatively. All of the major corporate entities in the world do the same thing. Apple isn't even very good at it comparatively."}
{"_id": "462465", "title": "", "text": "&gt;They especially The Atlantic does investigative journalism. Vice on the other hand does investigative journalism on the level of Buzzfeed.   The Atlantic is a magazine publisher. They publish curated content. They do not produce that content.  Buzzfeed was started as a viral lab to track viral content, then it developed into a internet media production house. That's why they try to produce viral content, but have a general reputation for creating clickbait. The most legitimate part of its reporting is that it actually pays reporters to go to things like the Whitehouse Press junkets. Its revenue is about ~$150M a year.  Vice is a broadcast company worth over $4B. Its revenues exceed $1B a year, particularly due to its lucrative deal with HBO. The fact that HBO charges premium prices for access to this content should be enough to distinguish it from outlets like Buzzfeed (which is completely free and open to access). Vice is a producer of content and not just a publisher/broadcaster of information. You've falsely equated them in quality to buzzfeed, perhaps by correlating that they are both recent upstarts.  &gt;I mean this linked piece is shallow to say the least.   Correct. I'm very skeptical of anyone reporting on a report that they, themselves, co-wrote, while touting co-founding an advocacy organization as somehow being a qualifier/credential. I would normally consider this to be paid content, although it is unclear if the writer paid for Vice to publish it. The quality of the image editing was also very poor. Of course, I doubt this content would ever make it into the more premium Vice communication channels, specifically I doubt this content would be covered in any capacity on HBO. That's why I said, at some point, that the quality of its reporting is inconsistent and sometimes quite dubious.  &gt;Why you think Vice does quality work is beyond me. The only possible reason is you are their main demographic.   It's not because it appeals to me. As someone well-versed in media politics, I ensure that my media diet is diverse and broadly sourced. The reason that I think some of their work is good is because I actually read it and think some of it is actually credible and worthy of my time. It's very clear that you do not find Vice news credible, so you want to act like your perceptions are equal in value and accuracy with my perceptions of it. The problem with your logic is that I actually am exposed to its content while you self-select not to expose yourself to it. I like some of it, because I find that some of it has a reasonable basis underlying the claim and I can't get the news anywhere else. So, you think our perceptions are equally accurate although mutually exclusive (i.e. we disagree with each other) or you think your perceptions are more accurate than mine (most likely due to a confirmation bias), but the reality is that my perceptions are broadly based considerations based on a much larger sampling of their content while your perceptions amount to an opinion derived from a first impression glance."}
{"_id": "462476", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-03/putin-is-now-mr-middle-east-a-job-no-one-ever-succeeds-at) reduced by 92%. (I'm a bot) ***** &gt; &amp;quot;Putin has succeeded in making Russia a factor in the Middle East. That&amp;#039;s why you see a constant stream of Middle Eastern visitors going to Moscow.\"\"  &gt; Russia has succeeded in keeping open channels of communication to all sides, from Iran to Saudi Arabia and the Palestinian radical Islamist group Hamas to Israel, said Ayham Kamel, Middle East and North Africa director at Eurasia Group.  &gt; While economics are a limiting factor for Russia, Putin also enjoys several advantages over American presidents, according to Paul Salem, vice president of the Middle East Institute in Washington.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/745wta/while_the_us_investigates_the_israelis_and_turks/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~221615 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Russia**^#1 **Middle**^#2 **Syria**^#3 **Putin**^#4 **East**^#5\""}
{"_id": "462481", "title": "", "text": "\"I'll add 2 observations regarding current answers.  Jack nailed it - a 401(k) match beats all. But choose the right flavor account.  You are currently in the 15% bracket (i.e. your marginal tax rate, the rate paid on the last taxed $100, and next taxed $100.) You should focus on Roth. Roth 401(k) (and if any company match, that goes into a traditional pretax 401(k). But if they permit conversions to the Roth side, do it) You have a long time before retirement to earn your way into the next tax bracket, 25%. As your income rises, use the deductible IRA/ 401(k) to take out money pretax that would otherwise be taxed at 25%.  One day, you'll be so far into the 25% bracket, you'll benefit by 100%   traditional. But why waste the opportunity to deposit to Roth money   that's taxed at just 15%? To clarify the above, this is the single rate table for 2015:  For this discussion, I am talking taxable income, the line on the tax return designating this number. If that line is $37,450 or less, you are in the 15% bracket and I recommend Roth. Say it's $40,000. In hindsight on should put $2,550 in a pretax account (Traditional 401(k) or IRA) to bring it down to the $37,450. In other words, try to keep the 15% bracket full, but not push into 25%.  Last, after enough raises, say you at $60,000 taxable. That, to me is \"\"far into the 25% bracket.\"\" $20,000 or 1/3 of income into the 401(k) and IRA and you're still in the 25% bracket. One can plan to a point, and then use the IRA flavors to get it dead on in April of the following year.  To Ben's point regarding paying off the Student Loan faster - A $33K income for a single person, about to have the new expense of rent, is not a huge income. I'll concede that there's a sleep factor, the long tern benefit of being debt free, and won't argue the long term market return vs the rate on the loan. But here we have the probability that OP is not investing at all. It may take $2000/yr to his 401(k) capture the match (my 401 had a dollar for dollar match up to first 6% of income). This $45K, after killing the card, may be his only source for the extra money to replace what he deposits to his 401(k). And also serve as his emergency fund along the way.\""}
{"_id": "462484", "title": "", "text": "With the corruption that goes on in these countries (China, Thailand, Etc), it's difficult for (US-UK) companies to comply with anti-corruption laws and still do business there. These countries demand bribes for permits, use of land etc. and if you don't pay expect to wait for these necessary things indefinetly..."}
{"_id": "462513", "title": "", "text": "that could be said about anyone of a million companies in america. thats when the executives track records become relevant. so far so good for musk. no doubt they are venturing into unknown territory but thats half the fun. to be honest with the current state of things a pioneer of this sort deserves america's support."}
{"_id": "462517", "title": "", "text": "Maybe you should read the *whole* thread before replying?  From [the story I linked above:](http://www.computerweekly.com/news/2240150767/Facebook-shareholders-sue-over-misleading-IPO)  &gt;It has emerged that only a select group of insiders were aware that Facebook was forecast to earn tens of millions of dollars less than had been publicly stated.  You can announce news, or you can withhold it as corporate proprietary information. What you most definitely *cannot* do is just tell a few friends."}
{"_id": "462532", "title": "", "text": "'Rent to own' is not a precise, single agreement. It can be whatever the seller and you agree to. It's a unique seller that would agree to this. Keep in mind, most sellers are needing to get their money in full to buy their next house. You might find an investor willing to work with you, but only for an inflated price, interest rate, or both.  The ideal seller would be underwater (owing more than the value of the home) but needing to move. In which case, they are hoping to find someone to buy them some time to get situated in their new house before moving forward with you and the bank to arrange a sale.  At its simplest, you might pay a premium on your rent to fix the price, giving you the option to buy during a particular period at that price.  It can be a much higher premium where you are renting and paying extra until you hit 20%, at which point you agree to finance the balance either with a bank loan or through the seller.  Buying a home you will live in is a personal decision. With no numbers offered, it's not like we can tell you if it's a wise purchase."}
{"_id": "462563", "title": "", "text": "Phone 3 years old, very unlikely to upgrade -- few reasons to.  Will likely go Android next time around because I hate lightning jack with a passion.  I don't think Apple is in trouble yet... but there will come a time when most people will see their existing phones as good enough and that will undercut the upgrade cycle many of these companies rely on."}
{"_id": "462574", "title": "", "text": "Despite my previous claim to not respond to crank messages, no, you are also spectacularly ignorant of the basics about how inflation is calculated.  The Department of Labor Statistics has an army of people going into retail each month to evaluate comparables.  Heads of lettuce, gallons of milk and twinkies are not, in fact, 4x smaller than they were in 2007 and even if they were, DLS corrects for it."}
{"_id": "462578", "title": "", "text": "As long as you, or rather, your wife, qualifies for a deposit, the source doesn't matter. As an example, if my child makes more than $5500, and I'd like to help her with her IRA, I can gift her the money for the deposit. The actual funds don't need to be from her income."}
{"_id": "462580", "title": "", "text": "Pretty insightful post. Never thought that it was this simple after all. I had spent a good deal of my time looking for someone to explain this subject clearly and you\u2019re the only one that ever did that. Keep it up."}
{"_id": "462581", "title": "", "text": "I would recommend using growth/value/income/bond based asset allocation because your goal is to find asset classes that have different performance trends (when 1 is up, the other is down and vice-versa).    If you chose Domestic, US stocks and diversified between Med Cap and Large Cap stocks, they would not exactly mirror each other, but they would roughly rise and fall at the same time, preventing you from taking full advantage of diversification, increasing risk and lowering returns."}
{"_id": "462585", "title": "", "text": "SurePay is not designed to send money from one person to himself.  It is designed to transfer money from one person to someone else. What SurePay does, is allow you to link an account to a name/email/phone number.  Then, when someone else, who's also linked an account to a name/email/phone number, selects your name/email/phone number to send money to, the money is transferred.  This doesn't buy you anything when transferring money to another of your own accounts.  I won't say it's impossible to use SurePay to do so, but it's definitely not designed to do so, and may not be permitted.   If you could use it for that purpose, you would have to separately register your two accounts, using a separate email for each, and then use the first email to send to the second email; each will have been tied to a different account, so you'll know which is which. My suggestion would be to follow Wells Fargo's instructions here: Can I transfer funds to or from my accounts at another institution? You can transfer money between your Wells Fargo checking and savings accounts and accounts you may have at other U.S. financial institutions. Wells Fargo gives you greater flexibility, convenience, and control to transfer funds where and when you need it. Sign on to Wells Fargo Online and click the Transfers tab to learn more about transferring funds to your account at another financial institution. As that should give you the official answer, at least."}
{"_id": "462601", "title": "", "text": "\"&gt;\"\"I have decided that your legal enterprise should not be allowed to make money\"\" is terrible!  That's not what's happening. They're simply saying that their private company service won't be the one to enable that money making.  You can't claim this is government retribution just because it's a big company or a \"\"government-sized\"\" action.   &gt;If you are in favour of this then you should be in favour of the phone company, the electricity company, and gas company to deny service to anyone who's ever been accused of being a paedophile.  PayPal is not a utility. You're making incorrect comparisons.\""}
{"_id": "462609", "title": "", "text": "If the 6 credits per semester working part time schedule includes no loans, consider this.  Yes, it may take you twice as long to finish, BUT, you'll have a lot of working experience, AND zero student loans when you're done. Compare this to someone who graduates in four years and has 20k in student loans.  If they set up a 20 year repayment for the loans, they'll still have 16-18k left to pay and 4 years of job experience.   You'll have 8 years of half time job experience and zero debt.  The key would be to find a job in your area of interest.  More ideal would be one that pays for classes as a benefit.  Then you might increase your class load and decrease the total time to graduate, AND have relevant job experience when you graduate."}
{"_id": "462612", "title": "", "text": "You don't say what kinds of mutual funds, or what bonds. You don't say how old you are. You seem to have enough cushion to strike out on your own comfortably.  This is good. Compared with Vanguard's management fees, the fees you're paying are pretty high. The bottom line of what to invest in rests with you.  If you outsource it, it's still your money.  The managers get paid whether you make money or not. You have lots of other options: real estate from a distressed seller, commodities, currencies, websites, or other things where you have a knowledge advantage. For the time being, though, if you're concerned about your main income stream, I wouldn't get terribly risky with your money.  Cash is just peachy in that case."}
{"_id": "462618", "title": "", "text": "\"If you think your cash will buy fewer goods in the future due to inflation, are there goods you will want or need in the future that you can purchase now? I think the cost of storage would need to be less than the inflation in price for this to make sense. If you used commodity trading there may not actually be a storage cost but likely some fees involved that would need to be weighed against the expected inflation. Basically if \"\"things\"\" are going to cost more in the future, making your cash worth less, can you convert cash into \"\"things\"\" before prices escalate?\""}
{"_id": "462625", "title": "", "text": "\"As taken from https://en.wikipedia.org/wiki/Social_Security_number, \"\"The original purpose of this number was to track individuals' accounts within the Social Security program.\"\" It later became a requirement for claimed dependants for federal taxes and you are required to have one before the age of one.\""}
{"_id": "462647", "title": "", "text": "&gt;&gt; Combined spending during his administration grew by 3.5 trillion, not including the tax cuts (~1.5 trillion) and the afghanistan / iraq wars (~2 trillion combined).  &gt; That wouldn't make a huge difference because you're counting the costs of 8 full years  Not a huge difference?  3.5 + 1.5 + 2 = 7 trillion dollars.  That sounds huge to me."}
{"_id": "462653", "title": "", "text": "They were manipulating the system. That's distinct from 'cheating'.  Target could've shut this down and didn't - in fact, they knew it was happening (even this article admits that) and yet extended the promotion. They may have not understood what was happening but more likely they let it go, saw what happened and will modify their future strategy accordingly.  The overall cost was probably not that high - they most likely got more promotion and word-of-mouth than they would've got with an equivalent advertising cost. For every person who goes to the effort of making $5000 there's going to be 5000 who don't, go for the $10 and turn out more profitable and more likely to shop at Target in the future."}
{"_id": "462654", "title": "", "text": "&gt; growth doesnt come from people hiding in safe havens. it comes when investors take risk.  And investors don't take risks when they find it difficult to calculate, like when policies are continually changing, when regulations grow by the day, when the cost of doing business (such as employee health care) are unknown.  This is pretty much exactly what fiscal conservatives are saying is wrong with our current U.S. administration and economic climate."}
{"_id": "462668", "title": "", "text": "\"This is a hard question to answer.  Government debt and mortgages are loosely related.  Banks typically use yields on government bonds to determine mortgage interest rates.  The banks must be able to get higher rates from the mortgage otherwise they would buy government bonds. Your question mentions default so I'm assuming a country has reneged on its promise to pay either the principal or interest on government bonds. The main thing to consider is \"\"Who does not get their money?\"\".  In other words, who does the government decide not to pay.  This is the important part.  The government will have some money so they could pay some bond holders.  They must decide who to shaft. For example, let's look at who holds Greek government debt.  Around 70% of Greek government debt is held outside Greece.  See table below.  The Greek government could decide to default only on the debt to foreign holders.  In that case the banks in France and Switzerland would take the loss on their bonds.  This could cause severe problems in France and Switzerland depending on the percentage of Greek bonds that make up the banks' assets.  Greek banks would still face losses, however, since the price of their Greek bond holdings would drop sharply when the government defaults.  Interestingly, the losses for the Greek banks may be smaller than the losses faced by the French and Swiss banks.  This is usually the favored option chosen by government since the French and Swiss don't vote in Greece. Yields on Greek government bonds would rise dramatically.  If your Greek mortgage is an adjustable rate mortgage then you could see some big adjustments upward.  If you live in France or Switzerland then the bank that owns your mortgage may go under if Greece defaults.  During liquidation the bank will sell their assets which includes mortgages and you will probably not notice any difference in your mortgage. As I stated earlier: this is a hard question to answer since the two financial instruments involved (bonds and mortgages) are similar but may or may not be related.\""}
{"_id": "462671", "title": "", "text": "\"You bring up some very high level stuff, each of which can be the subject of a life's work.  For taxes, I first read J.K. Lasser's Your Income Tax. I actually read it cover to cover instead of using it as a reference guide. I hit topics that I'd otherwise have never looked up on purpose. Once you familiarize yourself with the current tax code, keeping up on changes to the code goes pretty well.  As far as investing goes, William Bernstein has two titles, \u201cThe Four Pillars of Investing\u201d and \u201cThe Intelligent Asset Allocator\u201d. Others have liked \u201cPersonal Finance for Dummies\u201d by Eric Tyson. These are great introductory books, the classic is \u201cSecurity Analysis\u201d by Graham & Dodd. Warren Buffet was a student of Benjamin Graham and he did fine applying these principals.  For retirement, The Number by Lee Eisenberg was a good read. I consider retirement an extension of the investing education, only the money flow is reversed, withdrawals, no new deposits. Of course this is an oversimplification.  In my own reading list, I include books such as \u201cExtraordinary Popular Delusions & the Madness of Crowds\u201d by Charles MacKay and \u201cThe Great Crash 1929\u2033 by John Kenneth Galbraith. Understanding how these bubbles happen is critical to a complete education. I'm convinced that when it comes to investing if I can teach my daughter to understand the concept of Risk and Reward and to understand there are certain common alerts to such bubbles, the simplest of which is the term \"\"this time is different\"\" as though a hundred years of market dynamics can change in a matter of a few years.  Last, there are books like \"\"Stop Acting Rich\"\" by Dr Thomas Stanley. Not quite investing, per se, but a good read to get an idea of how we have a distorted view of certain signs of wealth.  Keep reading, no harm in taking books out of the library and returning if the first chapter or two disappoints.\""}
{"_id": "462673", "title": "", "text": "Why do people take out life insurance on their children? They do so largely because it's being sold to them.  The insurance companies generally push them on the basis that if you have to pay for a funeral and burial, the cost would devastate a family's finances.  In some rare instances that might actually be true, but not generally. Should I take out a policy on my child? Generally no.  When they sell you a policy they have to dance around a catch-22 - if you have enough money to afford the 'cheap' life insurance, then you have enough money to pay for a funeral and burial that's probably not going to happen.  If you don't have enough money to pay those expenses in the rare case that a child does die, then you really can't afford the insurance, even if it's only 'pennies a day for peace of mind.' And why would schools send these home to parents, year-after-year?  The schools are paid a commission.  It is not much more than a fundraiser for them, just like school pictures. Am I missing something? Yes, in fact, you could be making money hand over fist if you were willing to prey on parental insecurities.  Just set up a stand outside the hospital and get parents who are just about to deliver to sign up for your amazing insurance plan in case the tragic occurs."}
{"_id": "462689", "title": "", "text": "If you want to look at it in terms of the public markets, turnarounds in PE are essentially levered value investments. It is likely that you aren't going to change the business much, but are actually just buying an out-of-favor business and waiting on the industry to bounce back.  Hmm, that sucks. Not nearly as cool as what I was thinking PE was about =/"}
{"_id": "462697", "title": "", "text": "\"that would imply that a 30Y US Treasury bond only yields 2.78%, which is nonsensically low. Those are annualized yields.  It would be more precise to say that \"\"a 30Y US Treasury bond yields 2.78% per year (annualized) over 30 years\"\", but that terminology is implied in bond markets. So if you invest $1,000 in a 30-year T-bond, you will earn roughly 2.78% in interest per year. Also note that yield is calculated as if it compounded, meaning that investing in a 30-year T-bind will give you a return that is equivalent to putting it in a savings account that earns 1.39% interest (half of 2.78%) every 6 months and compounds, meaning you earn interest on top of interest. The trade-off for these low yields is you have virtually no default risk.  Unlike a company that could go bankrupt and not pay back the bond, the US Government is virtually certain to pay off these bonds because it can print or borrow more money to pay off the debts. In addition, bonds in general (and especially treasuries) have very low market risk, meaning that their value fluctuates much less that equities, even indicies.  S&P 500 indices may move anywhere between -40% and 50% in any given year, while T-bonds' range of movement is much lower, between -10% and 30% historically).\""}
{"_id": "462755", "title": "", "text": "\"Amazon is a bunch of whiney bitches. They want us to window shop local B&amp;M, and buy their lower priced items. But sellers should make up the differences for them to sell shit cheaply, because \"\"it's not fair\"\".   I like amazon, but cry me a river.\""}
{"_id": "462759", "title": "", "text": "Hi all - I'm a UX designer working on a design challenge as part of an interview. I'm looking to learn more about how traders select securities to monitor and how they create alerts to track values of interest.  If you could walk me through the last time you: - Decided on a security you wanted to monitor and set up a system to monitor the security - Which fields (e.g., last price, volume, etc) you were most interested in tracking for that security - If you created alerts for any fields (e.g., price)  - If you did create an alert: what the alert was for, the steps you took to create it, and how the alert notified you of a change  Any information you can provide would be super helpful! Please include your current role and the number of years you have experience trading. Even if you're not currently a trader or relatively new/in school any answers would be helpful!"}
{"_id": "462793", "title": "", "text": "IMO would have been a solid idea 10-20 years ago, but I'm not sure how they are going to monetize it. I think it's a great value add for the mall, but I can't see users paying each time they use it or for an allotted time. I think the only way it would be successful for the company who makes/operates the booths is if the mall is paying them a fee for having them in their mall, but offer it as a free service for their attendees.   With the number of people physically going to malls decreasing due to online retailers, I don't see this as a forward thinking idea. My view is limited though. I can't say I know shopping habits or trends in China."}
{"_id": "462804", "title": "", "text": "\"What are you trying to do Exactly?  What is a covariance \"\"profile\"\"? (Cov Matrix)?   Also lose the jargon.  From my understanding you want the same covariance in the portfolio, however it doesn't work like that as covariance is an observed matrix. It's hard enough to target variance in a portfolio (see GMV) and to target covariance would be even more difficult. You can attempt to use the weights you have right now in terms of exposures, but LEAPS may give you unwanted theta.   Are you long short or long only? if you're long only the interplay between the positions is rather irrelevent, as right now all that matters are the weights.\""}
{"_id": "462807", "title": "", "text": "\"It's also designed terribly for a currency. It has wild fluctuations in price, and as of late has been in a massive run up as this bubble has built. Why would anybody use their \"\"currency\"\" that they think will be increasing in value dramatically? It's the opposite of people dumping all their cash when they know they have high inflation and they can buy less in a day or week.   Also, as a long-term worldwide currency option, it's moronic. It has a set limit, which isn't high, but it's supposed to be in use worldwide, with billions using it. The people who own a lot early/now will have something that is niche, to essentially like 1% of the major currency, which is an abusrd amount worldwide. It would increase in value, meaning people should hold it, meaning there is less supply while demand increases. This is terrible for a currency.\""}
{"_id": "462826", "title": "", "text": "There is light at the end of the tunnel, but it is at least a decade off, possibly more - and it is going to get far worse before it gets better.  We've got an economic collapse and a depression coming still.  The government has done about as much economic manipulation as it can reasonably do, and those things can't be avoided anymore.  The only thing the government can do is control the timing to a limited extent (though the more they try to put it off, the worse it will be).  Obama can't fix this - neither can Congress anymore.  The time when it was possible to avoid the disaster is past.  We've been doing this to ourselves for more than 50 years and it will soon be time to pay the piper.  All we can do is prepare for it as best we can and try to ride it out."}
{"_id": "462831", "title": "", "text": "In the US there's no significant difference between what a business can deduct and what an individual can deduct. However, you can only deduct what is an expense to produce income. Businesses are allowed to write off salaries, but individuals can't   write off what they pay their gardener or maid (at least in the US) If you're a sole proprietor in the business of managing properties - you can definitely deduct payments to gardeners or maids. Business paying for a gardener on a private property not related to producing the income (like CEO's daughter's house) cannot deduct that expense for tax purposes (although it is still recorded in the business accounting books as an expense - with no tax benefit). Businesses are allowed to deduct utility expenses as overhead, individuals cannot Same thing exactly. I can deduct utility expenses for my rental property, but not for my primary residence. Food, shelter, clothing and medical care are fundamental human needs,   but we still pay for them with after-tax money, and pay additional   sales tax. Only interest (and not principal) on a mortgage is   deductible in the US, which is great for people who take out mortgages   (and helps banks get more business, I'm sure), but you're out of luck   if you pay cash for your house, or are renting. Sales taxes are deductible. You can deduct sales taxes you paid during the year if you itemize your deduction. You can chose - you either deduct the sales taxes or the State income taxes, whatever is more beneficial for you. BTW in many states food and medicine are exempt from sales tax. Medical expenses are deductible if they're significant compared to your total income. You can deduct medical expenses in excess of 10% of your AGI. With the ACA kicking in - I don't see how would people even get to that. If your AGI is low you get subsidies for insurance, and the insurance keeps your expenses capped. For self-employed and employed, insurance premiums are pre-tax (i.e.: not even added to your AGI). Principle for mortgage is not deductible because it is not an expense - it is equity. You own an asset, don't you? You do get the standard deduction, even if your itemized (real) deductions are less - business don't get that. You also get an exemption amount (for your basic living needs), which businesses don't get. You can argue about the amounts - but it is there. In some States (like California) renters get tax breaks for renting, depending on the AGI. CA renters credit is phasing out at AGI of about $60K, which is pretty high."}
{"_id": "462843", "title": "", "text": "\"You need to run awareness campaign on Facebook even something like $2/day can have a huge impact on letting people know you exist. Then post frequently, at least 1 daily picture of something for sale in the shop.   Second collect emails at the counter a simple pen and paper list works surprisingly well. Get a free MailChimp email account and email coupons once a week. In the beginning you'll want strong offers as you are building the list don't waste peoples time with lame or no offers, come hard with a huge coupon or they will unsubscribe after the first email. This might cost you some money but don't think of it as selling something for a loss think of it as a marketing expense.  Try Groupon, you are desperate this is where desperate local businesses go. Make a smart offer limit how they can spend it. I would suggest focusing it on the cold brew as that has enough margin.  Partner with local bakeries/coffee roasters/cup cake shops pretty much any one who will have you and give them free shelf space and get them to market to their Facebook/IG/Twitter followers about your location and that they can buy stuff there also. This is huge and you can capitalize your local market.  Finally get over the attitude of \"\"no one supports local\"\" people don't owe your mom their business just because she's local she has to compete on price, service, and selection just like anyone else even Amazon. So reevaluate your prices your profit margins and start talking to the customers to see what they want in the store.\""}
{"_id": "462861", "title": "", "text": "Pick a hotel/casino and get the rewards card.  I only go to the Borgata, and I have never left without having a room compd for my next visit. I go a few times a year and have only payed for a room once.  Usually I get a couple hundred in match play, some slot $ and free buffets too, but the free rooms that are actually nice is why I go back."}
{"_id": "462892", "title": "", "text": "The breakeven amount isn't at 8 years. You calculated how many years of paying $500 it would take to break even with one year of paying $4000. 8 x 10 years = 80 years. So by paying $500/year it will take you 80 years to have spent the same amount ($40000 total) as you did in 10 years. At this point it may seem obvious what the better choice is. Consider where you'll be after 10 years: In scenario #1 you've spent $5000 ($500*10) and have to continue spending $500/year indefinitely. In scenario #2 you've spent $40000 ($4000*10) and don't have to pay any more, but you currently have $35000 ($40000 - $5000) less than you did in scenario #1. If you had stayed with scenario #1 you could invest that $35000 at a measly 1.43% annual return and cover the $500 payments indefinitely without ever dipping into your remaining $35000. Most likely over the long term you'll do better than 1.43% per year and come out far ahead."}
{"_id": "462921", "title": "", "text": "\"First off, the jargon you are looking for is a hedge. A hedge is \"\"an investment position intended to offset potential losses/gains that may be incurred by a companion investment\"\" (http://en.wikipedia.org/wiki/Hedge_(finance)) The other answers which point out that put options are frequently used as a hedge are correct. However there are other hedging instruments used by financial professionals to mitigate risk.  For example, suppose you would really prefer that Foo Corporation not go bankrupt -- perhaps because they own you money (because you're a bondholder) or perhaps because you own them (because you're a stockholder), or maybe you have some other reason for wanting Foo Corp to do well. To mitigate the risk of loss due to bankruptcy of Foo Corp you can buy a Credit Default Swap (http://en.wikipedia.org/wiki/Credit_default_swap). A CDS is essentially a bet that pays off if Foo Corp goes bankrupt, just as insurance on your house is a bet that pays off if your house burns down.   Finally, don't ever forget that all insurance is not just a bet that the bad thing you're insuring against is going to happen, it is also a bet that the insurer is going to pay you if that happens.  If the insurer goes bankrupt at the same time as the thing you are insuring goes bad, you're potentially in big trouble.\""}
{"_id": "462923", "title": "", "text": "It gives some vague crap about pain, but talks very little about the actual diagnoses, chronic pain is one of those things that seems subjective, but can be very problematic for determining ability. A construction worker with chronic back pain might in theory be able to do a desk job, but if hes an older worker, especially only a high school graduate, he's gonna have a fuck time trying to get a desk job, and is likely unable to meet the standards required for retail, and you can not be just a cashier, all cashiers are now stock/clerk/cashier with lifting minimums and requirements to stand for 4 to 5 hours at a time. In THEORY theres a job he could be doing, in ACTUALITY there isn't. Times of high unemployment create more and more situations like that as people who found some acceptable niche to fit in that accommodated their disability now find it extremely difficult to find that accommodation again. Lacking other options, it now becomes a necessity to get into SSDI since the US has pretty much no real reliable welfare. An SSDI requires you not work, so you can't wean off of it, its a trap, once you're in, you usually don't get out. It's the biggest, most extreme welfare cliff in the way it's designed."}
{"_id": "462934", "title": "", "text": "\"&gt;If you don't like it you can either vote for representatives that will remove these sorts of welfare payments  If you support this position you are a heartless social darwinist.  &gt; or you can supply the workers with better-paying jobs.  Jobs do not just \"\"happen\"\" they exist to fill consumer need. You could do some Keynesian government job expansion if you would like to temporarily and artificially create more jobs, but this is only a bandage and is not a desirable nor a permanent solution. In order to do that you have to have real growth in the economy and a government cannot do that on its own. It requires those who have capital to invest it in new ventures.\""}
{"_id": "462942", "title": "", "text": "\"The future of digital marketing lies in content creation. We are content marketer specialists. We \"\"SEO In Utah\"\" research, create great content, even turn the data into awesome visual representation and finally spread the content across the web by placing them on relevant sites. Our produced content has the tendency to go viral. Interested? Contact our SEO In Utah team at SitesBySara.com or by phone at 385-355-5351. Click here for more details: http://sitesbysara.com/\""}
{"_id": "462944", "title": "", "text": "&gt; It's much cheaper,      [U.S. coal production and coal-fired electricity generation expected to rise in near term](https://www.eia.gov/todayinenergy/detail.php?id=29872)       &gt;**In 2017 and 2018, as natural gas prices are expected to increase**, coal is expected to regain some share of the electricity generation mix, and coal production is expected to increase slightly. The past decline in coal production has not been uniform across the three major coal-producing regions in the United States.    ***     &gt;its only loss to coal is ease of storage.     and amount.     &gt;the United States has enough natural gas to last about **86 years.**     https://www.eia.gov/tools/faqs/faq.php?id=58&amp;t=8   &gt;coal production since the industrial revolution, recoverable domestic coal reserves at current mining levels would last **222 years.**"}
{"_id": "462956", "title": "", "text": "\"Publication 590a covers this in a fairly specific manner. Page 11, section \"\"Are You Covered by an Employer Plan?\"\", specifies: The Form W-2 you receive from your employer has a box   used to indicate whether you were covered for the year.   The \u201cRetirement Plan\u201d box should be checked if you were   covered. So, by default, if that's checked, you're covered.  590 does go into more detail, though. Assuming you're covered under a Defined Contribution plan (a 401k for example): Defined contribution plan. Generally, you are covered   by a defined contribution plan for a tax year if amounts are   contributed or allocated to your account for the plan year   that ends with or within that tax year.  Tax Year: Tax year. Your tax year is the annual accounting period   you use to keep records and report income and expenses   on your income tax return. For almost all people, the tax   year is the calendar year. Further, they cover issues related to an employee leaving Dec. 31 very specifically: A special rule applies to certain plans in which it is not   possible to determine if an amount will be contributed to   your account for a given plan year. If, for a plan year, no   amounts have been allocated to your account that are attributable   to employer contributions, employee contributions,   or forfeitures, by the last day of the plan year, and   contributions are discretionary for the plan year, you are   not covered for the tax year in which the plan year ends. If,   after the plan year ends, the employer makes a contribution   for that plan year, you are covered for the tax year in   which the contribution is made. Example: Example. Mickey was covered by a profit-sharing plan   and left the company on December 31, 2014. The plan   year runs from July 1 to June 30. Under the terms of the   plan, employer contributions do not have to be made, but   if they are made, they are contributed to the plan before   the due date for filing the company's tax return. Such contributions   are allocated as of the last day of the plan year,   and allocations are made to the accounts of individuals   who have any service during the plan year. As of June 30,   2015, no contributions were made that were allocated to   the June 30, 2015, plan year, and no forfeitures had been   allocated within the plan year. In addition, as of that date,   the company was not obligated to make a contribution for   such plan year and it was impossible to determine   whether or not a contribution would be made for the plan   year. On December 31, 2015, the company decided to   contribute to the plan for the plan year ending June 30,   2015. That contribution was made on February 15, 2016.   Mickey is an active participant in the plan for his 2016 tax   year but not for his 2015 tax year. Mickey is in a similar (but different) circumstance, and it's clear from the IRS's treatment of his circumstance that you would be in the same boat (just a year less off) - but be aware given Mickey's situation that it's theoretically possible for them to make another contribution next year, as Mickey had, depending on when their plan year/etc. ends. So - from the IRS's point of view, everything you said the company did is correct.  They paid you in January, contributed to your 401k as a result of that paycheck, and thus you were officially considered covered for 2015.\""}
{"_id": "462965", "title": "", "text": "Regardless, it doesn't indicate any financial stress or credit-related issues.   Just because you are pissed off about the way the financial industry works, doesn't mean the banks are in poor shape. If France and Germany come crashing down, then you may have some evidence to back your point."}
{"_id": "462966", "title": "", "text": "Until we get free returns from all online retailers, I am still shopping at malls and physical stores. Some stuff just doesn't fit you and retailers don't offer enough measurements to really do you justice. The most important thing in clothes is fit, and you have to try something on to validate that."}
{"_id": "462984", "title": "", "text": "\"Vanguard has a Vanguard FTSE Social Index Fund.  Their web page says \"\"Some individuals choose investments based on social and personal beliefs. For this type of investor, we have offered Vanguard FTSE Social Index Fund since 2000. This low-cost fund seeks to track a benchmark of large- and mid-capitalization stocks that have been screened for certain social, human rights, and environmental criteria. In addition to stock market volatility, one of the fund\u2019s other key risks is that this socially conscious approach may produce returns that diverge from those of the broad market.\"\" It looks like it would meet the qualifications you require, plus Vanguard funds usually have very low fees.\""}
{"_id": "462999", "title": "", "text": "I work at the Lowes in huntersville NC, 10 minutes from the headquarters. The store is known as the corporate store, where they try all the dumb shit first. Can say that they do some dumb shit, but this is straight autistic... and they do pay employees better than any other large retailers, so that's cool I guess"}
{"_id": "463007", "title": "", "text": "I don't know about keeping different rollover IRAs separate. But I know that there is a reason to keep rollover IRAs separate from other traditional IRAs -- if you want to roll them back into a 401(k) in the future, some 401(k)s only allow funds that were rolled over from a 401(k) originally."}
{"_id": "463019", "title": "", "text": "Depends massively on school quality. The better ranked the school, the more likely finance majors will make more. The best and highest paying jobs will be finance (eg investment banking). But there are plenty of schools that can place kids into public accounting that can't place finance kids into IB."}
{"_id": "463040", "title": "", "text": "People who smoke pot every day could certainly be effected at the workplace because they might start to realize how fucked up the world is and THAT will effect their performance on the job more than anything else.  Happy pot smokers are totally capable and competent workers. I've seen it plenty of time first hand, and if you are going to suggest otherwise then you should bring some proof to back it up.  Marijuana doesn't effect a person's competency, it makes them feel good. That is all it does. Other drugs certainly effect competency, Alcohol for example."}
{"_id": "463042", "title": "", "text": "If you enjoy driving 5 minutes out of the way to get gas (or mowing the lawn or whatever), then it is perfectly rational to do it.  If not, the value of your time is how much you would value (not necessarily how much you would get paid) doing something else. MrChrister is right, the concept behind the comic is opportunity cost.  In a nutshell, if driving an extra 5 minutes for gas is complete drudgery to you and you would only do it to save money, may as well get a part-time job at minimum wage instead.  If you would rather, say, go watch TV instead of getting that part-time job, then you value TV-watching at greater than the minimum wage, and it is still irrational to drive 5 minutes for the gas. Basically, the answer to your question is to figure out what else you could be doing that offers similar overall pleasure/pain to the task at hand and see how much you would get paid to do that instead.  It doesn't matter that you are on a fixed salary."}
{"_id": "463043", "title": "", "text": "Start now.   It's a lot easier to save now than it is to start to save later."}
{"_id": "463051", "title": "", "text": "They're not going to do anything about it. Washington needs the debt wheel to keep spinning, or the Dollar will lose its position as the Reserve Currency. Then all hell would break loose. Powerful countries like Japan are going to have to take the initiative. And apparently they are starting to. It has to be countries like Japan because if a weak country tries this, they'll get invaded."}
{"_id": "463065", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.linkedin.com/pulse/ten-years-after-subprime-mortgage-crisis-us-credit-card-walden-siew) reduced by 84%. (I'm a bot) ***** &gt; Things have come a really long way since the dark days of the credit crisis, and it&amp;#039;s really flipped completely the other way where now it doesn&amp;#039;t really take great credit to get a credit card.  &gt; MS: This is definitely a case of history repeating itself, but the thing is we don&amp;#039;t know what the tip of the mountain is when it comes to credit card debt, because when credit card debt started to fall in 2008 in the credit crisis, credit card debt wasn&amp;#039;t the central problem that sent us over the edge.  &gt; MS: We really have seen all levels, from folks with less than perfect credit to folks with 800 credit scores spending more, and that has been part of what&amp;#039;s driven up America&amp;#039;s credit card balances to these record levels.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6txd7q/ten_years_after_the_subprime_mortgage_crisis_a_us/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191596 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **credit**^#1 **card**^#2 **debt**^#3 **really**^#4 **crisis**^#5\""}
{"_id": "463085", "title": "", "text": "\"I don't have enough reputation in this community to comment yet, so this \"\"answer\"\" is really just a minor furtherance of JoeTaxpayer's comment... THe only thing I might add to this great answer - make all minimum payments, and send all extra available cash to the highest interest card. If OP will pay in full after 6 month, this may make little difference, but it will be a few dollars in his pocket instead of the bank. \u2013 JoeTaxpayer\u2666 Dec 2 at 17:42 ...on Ben Miller's excellent answer. Once you have taken JoeTaxpayer's advice and ordered your cards by interest rate and have paid off the highest interest card first, take that same payment and add it to your next-highest card's minimum payment. Once THAT is payed off, take the combined amounts that you were paying to cards one and two and apply it all to card three along with its minimum payment. You see where this is going. By aggregating your payments thusly, each card will get paid off successively more quickly than the previous one, without increasing your overall payments to the cards, and you are retiring the highest-interest debt first. Your last card will then be paid off in record time, because you have combined all of the payments for cards 1-4. One other amplification: Since we don't know which account has which interest rate, it may be more advantageous to order them by balance, with the smallest first. That way you retire the first card quickly, which gives you a sense of accomplishment, and by the time you reach your highest balance card, you have snowballed all of your payments and are now throwing boulders instead of pebbles at it. You'll have to do that math to see which method has the most benefit. Then roll it all into the car payment. Then roll it into your student debt. Etc.\""}
{"_id": "463105", "title": "", "text": "fx-rate.net offers a AUDUSD exchange rate comparison, which includes paypal: Currencyfair    $1.14 Transferwise    $ 2.29 Worldremit  $ 3.50 Xendpay $ 3.71 Tranzfers   $ 5.52 Ukforex $ 7.35 Skrill  $ 15.13  Paypal  $ 25.77  Kantox  $ 27.76  http://fx-rate.net/currency-transfer/?c_input=AUD&cp_input=USD"}
{"_id": "463110", "title": "", "text": "Most of the stuff that is making them money and putting them in the spotlight were started before Satya took the CEO chair. Azure, O365 and VSO all started under Balmer and are probably the best things going for them right now but again they are not market leaders in those spaces (maybe O365 but that is forced conversion).  Their OS and licensing schemes are just awful. They will not be a relevant player if they keep performing so poorly with these."}
{"_id": "463118", "title": "", "text": "The boomers weren't buying many houses in the 70s, because they weren't old enough.  I'm a boomer,  I know.  When 1970 rolled in, I was still in 8th grade.  There are varying definitions but I think those born 1946 thru 1964 are generally considered boomers.  Use 1955 as the mid-point.    That big housing peak in the early 70s is the Greatest Generation moving out to the suburbs.  They are maybe 50 years old, got lots of equity in their house in the city, they are near their peak in earning power.    A major factor in the 70s was the inflation rate.  With inflation running 9%, it made sense to get a big mortgage.  Inflation would eat away almost 10% of the loan (adjusted to constant dollars) every year and a mortgage payment that was barely affordable would be a breeze in just a few years when you were getting paid 10% more (nonadjusted dollars) every year."}
{"_id": "463127", "title": "", "text": "Well thats a fucking surprise . . .Banks win an everybody else gets fucked  But how is that possible?  The Banks were the ones with all the bad debt, the CDOs, the SIVs and what not that was dragging them under, the Fed bought up that shit at AAA valuations even though there was no Market. The Fed dropped interest rates to 0% so these assholes could borrow emergency funds from the Fed even after the bailouts.  They kept rolling the debt over for the last decade while it sat there on the Feds balance sheet.   Now that the Fed is about to write off 4.5 Trillion dollars of this debt  Banks win . .because they got a free lunch with no consequences  This has to be the Bank Heist of the Millennium   Lets give them a bonus for their great performance"}
{"_id": "463130", "title": "", "text": "I would strongly advise that you do not use Western Union or any other wire transfer service for any money transfer, unless you personally know and trust the recipient of your funds, and the method by which you can communicate the details of the transaction. As was mentioned, wire transfers are irreversible and very difficult to trace to ensure the actual recipient got the funds. In some countries and situations, literally anyone can show up at any Western Union location, correctly recite the details of the transaction (which is proof enough they are the intended recipient) and receive the cash. If the vendor accepts PayPal, then simply set up a PayPal account, linked to your credit card, and pay the vendor that way. This can be done 100% online, assuming you have a valid card."}
{"_id": "463145", "title": "", "text": "Five years ago -- Had to return a $30 adapter to Best Buy, with receipt.  Clerk still insisted on scanning my drivers license.  Never been back.  Had to return a $200 tv to amazon.  Free shipping both ways, and they shipped the replacement before they received the defective unit.    Case closed."}
{"_id": "463168", "title": "", "text": "Really, I can only endorse the ones that I go to.  Also, I could insert Wendy's, Harvey's or every other fast food joint near me for being better than McDonalds in my experience.  BK only stands out for me because of how well they're run in my area.   I only commented because the article doesn't surprise me based on my experiences.  I'd like to think that consumers make choices based on experience and eventually poor quality leads to loss of market share."}
{"_id": "463173", "title": "", "text": "Those who are looking for the Canvas Bags Manufacturers in Mumbai . Fazal leather is well known company that offer the top notch services for the  Canvas Bags Manufacturers. They provides the well experts team for  Canvas Bags Manufacturers . For more info explore their  website :- www.fazalleather.in"}
{"_id": "463182", "title": "", "text": "1) Why wouldn't I be able to contribute to an IRA if it is taxable? Since I am spending the stipend on living expenses, shouldn't it count as income and thus make it eligibile for an IRA? Not any income is eligible for an IRA. Only earned income (compensation) is eligible. From the link - see the second bullet item: For 2015 and 2016, your total contributions to all of your traditional and Roth IRAs cannot be more than: In your case this is not an earned income, since you haven't performed any work. You promised to perform work in the future, but you'll get paid for that work separately. This income is taxable, but doesn't qualify for the IRA. If you have any other earned income, you can use the stipend funds to make the actual deposits, and use that other earned income for calculating the limits."}
{"_id": "463183", "title": "", "text": "\"Can anyone provide more information on the \"\"guaranteed minimum agriculture\"\" mentioned in the article? A quick google search came up empty. Not sure if this is a relatively new concept the author is pitching or something that's been out there for some time.\""}
{"_id": "463195", "title": "", "text": "Without knowing the details of that journey, it's very easy to agree. But successful people have a very strong bias to see themselves as responsible for their success, discounting, ignoring or being oblivious to the factors outside thier control that critically contrubuted. Pointing out the fortunes that assisted undermines an ego they are very vested in protecting."}
{"_id": "463198", "title": "", "text": "This is what I ended up doing, listing UCLA at the top, then I listed my CC with my GPA and relevant courses.   Also, as far as work experience, because I haven't worked or interned at big name places, will I be okay? I have references for everything, I just want to make sure I should put it all down."}
{"_id": "463207", "title": "", "text": "In short getting funds converted outside of the Banking channel is illegal in India as Foreign Exchange is still regulated. If you show only a credit from your friend's NRE account to your NRO account [note it can't be your NRE account], it would be treated as GIFT and taxed accordingly, else you would have to show it as loan and pay back. You may show the payback in USD. But then there is a limit of Fx every individual can get converted/repatriate out of India and there is a purpose of remittance, all these complicate this further."}
{"_id": "463219", "title": "", "text": "My understanding is that when you die, the stocks are sold and then   the money is given to the beneficiary or the stock is repurchased in   the beneficiaries name. This is wrong, and the conclusion you draw from michael's otherwise correct answer follows your false assumption.  You seem to understand the Estate Tax federal threshold. Jersey would have its own, and I have no idea how it works there. If the decedent happened to trade in the tax year prior to passing, normal tax rules apply.  Now, if the executor chooses to sell off and liquidate the estate to cash, there's no further taxable gain, a $5M portfolio can have millions in long term gain, but the step up basis pretty much negates all of it.  If that's the case, the beneficiaries aren't likely to repurchase those shares, in fact, they might not even know what the list of stocks was, unless they sifted through the asset list. But, that sale was unnecessary, assets can be divvied up and distributed in-kind, each beneficiary getting their fraction of the number of shares of each stock. And then your share of the $5M has a stepped up basis, meaning if you sell that day, your gains are near zero. You might owe a few dollars for whatever the share move in the time passing between the step up date and date you sell.  I hope that clarifies your misunderstanding.  By the way, the IRS is just an intermediary. It's congress that writes the laws, including the tangled web of tax code. The IRS is the moral equivalent of a great customer service team working for a company we don't care for."}
{"_id": "463222", "title": "", "text": "Royal Bank in Canada can open an account for you in the US through RBC (the US affiliate to Royal Bank of Canada)  I think it's called RBC Access USA."}
{"_id": "463229", "title": "", "text": "Medicare, company liability for employee healthcare, increased disability insurance, increased work comp insurance from indirect medical cost increases.... 0.9 could end up closer to 9% or more.  It's not about Rich people being less rich, they'll always be ok, but at a certain point you get deminishing returns on your efforts. If the government deincentivizes having a larger work force or this or that, some companies will simply sell and close shop.   I've seen it happen to hundreds of independent retailers who are in their senior years. Cost overhead is up, margins are down, why put yourself through the stress for less and less??  Don't worry though, the government (that changes every few years) will take care of you!"}
{"_id": "463230", "title": "", "text": "\"There's too much here for one question. So no answer can possibly be comprehensive.  I think little of gold for the long term. I go to MoneyChimp and see what inflation did from 1974 till now. $1 to $4.74. So $200 inflates to $950 or so. Gold bested that, but hardly stayed ahead in a real way. The stock market blew that number away. And buying gold anytime around the 1980 runup would still leave you behind inflation.  As far as housing goes, I have a theory. Take median income, 25% of a month's pay each month. Input it as the payment at the going 30yr fixed rate mortgage. Income rises a bit faster than inflation over time, so that line is nicely curved slightly upward (give or take) but as interest rates vary, that same payment buys you far more or less mortgage. When you graph this, you find the bubble in User210's graph almost non-existent.  At 12% (the rate in '85 or so) $1000/mo buys you $97K in mortgage, but at 5%, $186K. So over the 20 years from '85 to 2005, there's a gain created simply by the fact that money was cheaper. No mania, no bubble (not at the median, anyway) just the interest rate effect. Over the same period, inflation totaled 87%. So the same guy just keeping up with inflation in his pay could then afford a house that was 3.5X the price 20 years prior.  I'm no rocket scientist, but I see few articles ever discussing housing from this angle. To close my post here, consider that homes have grown in size, 1.5%/yr on average. So the median new home quoted is actually 1/3 greater in size in 2005 than in '85. These factors all need to be normalized out of that crazy Schiller-type* graph. In the end, I believe the median home will always tightly correlate to the \"\"one week income as payment.\"\"  *I refer here to the work of professor Robert Schiller partner of the Case-Schiller index of home prices which bears his name.\""}
{"_id": "463254", "title": "", "text": "I don't think you understand options. If it expires, you can't write a new call for the same expiration date as it expired that day. Also what if the stock price decreases further to $40 or even more? If you think the stock will move in either way greatly, and you wish to be profit from it, look into straddles."}
{"_id": "463259", "title": "", "text": "Based on your comment that you were not owed the money, yes you do have to return it.  The paperwork you agreed to when you setup the direct deposit, gives them the ability to reverse the transaction. I do not know the maximum time they have to pull it back, but they could do it without warning. If you spend the money and they pull it back, you will not be warned and you might overdraw the account. They might not notice for days or weeks, depending on how they do their audits. It is unusual for a large company to do this because their time card systems are designed to prevent this problem.  If they are on US government contacts this would be bad for them. If they then billed the government for work that was not done, or they billed the wrong customer, they can face fines if the government finds out. You probably have some time before you have to tell them, but I would wait no more than a business day or two before contacting them. You might find out that they do owe you the money."}
{"_id": "463260", "title": "", "text": "The answer will vary person to person and situation to situation.  But the basic concept to always consider is this:  What interest rate am I paying on my debt? 10%? 18%?  And what interest rate am I making on my savings/investment, etc? 3%? 7%?  It won't give you a hard and fast answer, but will definitely let you know if you should take a closer look at it.  I'd suggest talking to a financial planner about it.  Find a fee-based planner that you can turn to intermittently to make sure you are on the right track...not a commission-based planner, a fee-based one.  (with respectful apologies to any commission-based planners who may read this.) My instinct is usually to pay off the debt, try to clean everything up so you don't have anything outstanding that is charging you interest.  Debt is clutter, it's stressful, it can be a reminder of money you wish you hadn't spent.  As long as you have access to money in case of emergency, job loss, etc, get your debt paid off and keep it paid off.  You'll sleep much better."}
{"_id": "463271", "title": "", "text": "Sometimes what is holding us back are internalized barriers which don't really exist. Sometimes it is possible to pull yourself up by your bootstraps if only you try. But I think conservatives underestimate the difficulties of following a new paradigm.   I've become fascinated by this topic because it ties in with my thoughts on visionary thinking. What is it that allows some people to break out of rigid patterns of thought, i.e. routines? Researchers in artificial intelligence are developing interesting theories on how to train neural networks to find new possibilities quicker. Some of this research might apply to the human mind and how creativity works.  Anyway, I don't think people can see a way out of poverty when you only present them with hypothetical possibilities. I think we need mentoring programs and apprenticeships. People can only follow a new paradigm when they have an example before them. In other words, if they can do it, I can do it. But when nobody around you is doing it then you are not going to give the possibility much weight. No observations support that optimism."}
{"_id": "463289", "title": "", "text": "Wow, so many idiots. Everyone has a nice fancy car that costs $300/month and cable and fancy clothes, and half of them are in debt. Pathetic. No sympathy whatsoever. I live frugally, which is precisely why I have a large surplus."}
{"_id": "463301", "title": "", "text": "Nobody is going to stop you if you want to try that. But you should keep in mind that you have to invest a lot in getting the best hardware you can lay your hands on, best fail-safe connectivity to the exchanges, best trading algorithms and software that money can buy and loads of other stuff. This all needs quite a big amount of upfront investment without guaranteeing returns. That is why you see institutions with deep pockets i.e. banks and trading firms only involve themselves in HFT."}
{"_id": "463308", "title": "", "text": "\"I invite you to take the best existing \"\"AI and video recognition\"\" to I-35 in S. TX, mile markers 158 to 168, either direction, and then report back on how \"\"road upgrades to support self-driving cars are unnecessary\"\".  The correct path through these construction zones is the *lowest-contrast* set of markers. And the section has been under construction since the '90s in one form or another.\""}
{"_id": "463328", "title": "", "text": "\"Translation : Funds managers that use traditionnal methods to select stocks will have less success than those who use artificial intelligence and computer programs to select stocks.  Meaning : The use of computer programs and artificial intelligence is THE way to go for hedge fund managers in the future because they give better results.  \"\"No man is better than a machine, but no machine is better than a man with a machine.\"\" Alternative article : Hedge-fund firms, Wall Street Journal. A little humour : \"\"Whatever is well conceived is clearly said, And the words to say it flow with ease.\"\" wrote Nicolas Boileau in 1674.\""}
{"_id": "463333", "title": "", "text": "Most in-state colleges have tuition around 7k / yr. Add room &amp; board on top of that, call it another 10k (500/mo for room, 300/mo for board). You're realistically looking at 20k / year, total, for a good, state university."}
{"_id": "463335", "title": "", "text": "No one here has mentioned electronic shavers. I purchased one for about $120 two years ago. It's still going strong and I've only had it professionally cleaned one time. I also find this method to be more time efficient as compared to shaving with a blade- I live in Toronto and commute to work and it is not unusual to see men shaving while sitting in their cars in high density highway traffic. If I'm keeping this answer generic, there is also the added benefit of lower water consumption with this method. However, this is potentially negated by the cost of electricity used to charge the shaver."}
{"_id": "463351", "title": "", "text": "I ended up getting a letter in the mail a while later from Florida Treasure Hunt, and I did end up getting something from it. This brings up a very interesting find: Florida Treasure Hunt must first sell the listings to third-party companies to see if they can get your business. That's the only explanation I have for what happened."}
{"_id": "463364", "title": "", "text": "\"Have you ever read a TOS. All of that can be covered.  \"\"We are not responsible for the use of this app or the bla bla bla.\"\"  Payment is not built into the app, there is plenty of other methods of payment.   https://arcade.city/ was pointed out by another user.\""}
{"_id": "463374", "title": "", "text": "/u/Dexter0_0 - Additionally, nominal dollars should be adjusted for inflation using the [core PCE price deflator](https://fred.stlouisfed.org/series/DPCCRG3A086NBEA). For instance, $5,000 in 1944 (when Mr. Buffett was 14), would feel like $48,000.  /u/jaasx - the trailing off in the later years is more likely do to the difficulty of earning high rates of returns on large piles of money (i.e. diminishing marginal returns). [Here are Mr. Buffett's own words](https://valuebin.wordpress.com/2011/01/27/warren-buffett-on-investing-small-sums-of-money/), and can be seen in the stock price of Berkshire Hathaway (appreciating more slowly in recent decades than in the '70s &amp; '80s)."}
{"_id": "463382", "title": "", "text": "You should ask a customer service rep how much you'll net if you close the account. There will probably be a hefty surrender fee. What you get back shouldn't be taxable as its a return of your own money, not a gain."}
{"_id": "463428", "title": "", "text": "\"The one thing that should never be automated is PR outreach.  I can usually tell when someone is using an automatic spamming platform to send press releases, because they go in the bin marked \"\"why the fuck did you send that irrelevant shit to me?\"\".  Good PR is about relationships, not databases.\""}
{"_id": "463429", "title": "", "text": "lol- yeah, I know how banks work. My point is EVERY transaction should be recorded somewhere. Banks have both internal and external auditors who's only job it is to monitor the transactions to make sure everything adds up. It just doesn't make sense that the CEO of the company would have so little idea of what is going on. Shades of Enron to me."}
{"_id": "463447", "title": "", "text": "I believe its relevant, because, depending on what you believe your view of what level of taxation is acceptable, if any, is affected.  Someone who believes in big govt will weigh the impact on individuals take home pay much less than someone who doesn't believe in big govt."}
{"_id": "463449", "title": "", "text": "\"Like a lot of businesses, they win on the averages, which means lucrative customers subsidize the money-losers.  This is par for the course.  It's the health club model.  The people who show up everyday are subsidized by the people who never show but are too guilty to cancel. When I sent 2 DVDs a day to Netflix, they lost their shirt on me, and made it up on the customers who don't. In those \"\"free to play\"\" MMOs, actually 95-99% of the players never pay and are carried by the 1-5% who spend significantly.  In business thinking, the overall marketing cost of acquiring a new customer is pretty big - $50 to $500. On the other side of the credit card swiper, they pay $600 bounty for new merchant customers - there are salesmen who live on converting 2-3 merchants a month.   That's because as a rule, customers tend to lock-in.  That's why dot-coms lose millions for years giving you a free service.  Eventually they figure out a revenue model, and you stay with it despite the new ads, because changing is inconvenient. When you want to do a banking transaction, they must provide the means to do that.  Normal banks have the staggering cost of a huge network of branch offices where you can walk in and hand a check to a teller.  The whole point of an ATM is to reduce the cost of that.  Chase has 3 staffed locations in my zipcode and 6 ATMs.  Schwab has 3 locations in my greater metro, which contains over 400 zipcodes. If you're in a one-horse town like French Lick, Bandera or Detroit, no Schwab for miles.  So for Schwab, a $3 ATM fee isn't expensive, it's cheap - compared to the cost of serving you any other way. There may also be behind-the-scenes agreements where the bank that charged you $3 refunds some of it to Schwab after they refund you.  It doesn't really cost $3 to do a foreign ATM transaction.  Most debit cards have a Visa or Mastercard logo.  Many places will let you run it as an ATM card with a PIN entry.  However everyone who takes Visa/MC must take it as a credit card using a signature. In that case, the merchant pays 2-10% depending on several factors.** Of this, about 1.4% goes to the issuing bank.  This is meant to cover the bank's risk of credit card defaults. But drawing from a bank account where they can decline if the money isn't there, that risk is low so it's mostly gravy. You may find Schwab is doing OK on that alone.  Also, don't use debit cards at any but the most trusted shops -- unless you fully understand how, in fraud situations, credit cards and debit cards compare -- and are comfortable with the increased risks.   **  there are literally dozens of micro-fees depending on their volume, swipe vs chip, ATM vs credit, rewards cards, fixed vs online vs mobile, etc. (Home Depot does OK, the food vendor at the Renaissance Faire gets slaughtered). This kind of horsepuckey is why small-vendor services like Square are becoming hugely popular; they flat-rate everything at around 2.7%. Yay!\""}
{"_id": "463451", "title": "", "text": "10% is way high unless you really dedicate time to managing your investments. Commodities should be a part of the speculative/aggressive portion of your portfolio, and you should be prepared to lose most or all of that portion of your portfolio. Metals aren't unique enough to justify a specific allocation -- they tend to perform well in a bad economic climate, and should be evaluated periodically. The fallacy in the arguments of gold/silver advocates is that metals have some sort of intrinsic value that protects you. I'm 32, and remember when silver was $3/oz, so I don't know how valid that assertion is. (Also recall the 25% price drop when the CBOE changed silver's margin requirements.)"}
{"_id": "463462", "title": "", "text": "\"Google's RSI is using a 10 period on 2 minute bars - i.e. it is based upon the last 20 minutes of data. Yahoo's RSI is using a 14 period lookback on an undetermined timeframe (you could maybe mouse-over and see what incremental part of the chart is giving) and given the \"\"choppier\"\" price chart, probably 30 second or 1 minute bars.   Given the difference in both the period specified and the periodicity of the charts - you should expect different results.\""}
{"_id": "463470", "title": "", "text": "Understood. And the article goes into that pretty indepth. My friend also mentioned that if the tappers hear a private conversation, they are legally bound to turn off recording for x seconds or minutes or whatever it is.  So it def seems like there should be ways around the wire tapping, if recordees are prepared for it.   One think to keep in mind though is that at least there HAVE been convictions. So apparently they seem to be walking that legal tightrope effectively."}
{"_id": "463474", "title": "", "text": "Norton is designed to ensure high-level protection to secure online life. To address maximum protection features for the entire devices such as iOS, Android and windows phones. Issues never ends it keeps coming every now and then when you commit any mistakes in installing it. Problem becomes obvious when you are non-technical and do have sufficient technical skill to face any problem on your own."}
{"_id": "463476", "title": "", "text": "Yeah, came here to say this. They're going to have soo many things stolen from them. I'm shocked they didn't just stay in Japan or any other more business friendly country, especially when they're keeping the tariff on them."}
{"_id": "463518", "title": "", "text": "&gt; Posted tax rates vs actual effective rates differ, but you know that.  Yeah, but correct me if I'm wrong here, but aren't the allowable deductions which can drag the actual rate down only applicable for stuff that happens inside the US? Therefore, wouldn't any foreign sourced income always be taxed at the marginal rate?  Also, the US still has high actual rates too. [It's not exactly like other countries don't have the concept of deductions as well.](http://taxfoundation.org/sites/default/files/docs/sr195.pdf)"}
{"_id": "463536", "title": "", "text": "Labor certification attorney helps you to get an allowance to work in United State but in this person to already have a job offer from a U.S. employer, who is in turn their sponsor, after that employer can submit an immigration petition to the USCIS. Read in brief at given link."}
{"_id": "463537", "title": "", "text": "As an undergrad senior, should I read books that are tailored for undergrad or force myself to get used to the graduate level textbook?  I\u2019m specifically refering to the RWJ corporate finance and Hull option &amp; derivatives textbooks.  Thanks"}
{"_id": "463548", "title": "", "text": "This should be forbidden by law! And if there's a way to configure smartphone to turn it off, 99% of people will turn it off.  However, for non-commercial use, e.g. notifying passengers about late trains or public announcements in events, that's a great idea."}
{"_id": "463552", "title": "", "text": "Five Guys is a great example of a bad, slow (have to wait like 15 min), over priced burger soaked in grease.  If I have to pay $12 for a small burger soaked in grease, Ill just go to a diner . It will taste better and the bun wont be soggy."}
{"_id": "463564", "title": "", "text": "While all that might be true, it still doesn't make GDP-PPP useful as a metric of power (assuming access to technology is power) unless  American companies are purchased with Chinese currency.  In other words, GDP-PPP loses its utility when there is an external purchase."}
{"_id": "463568", "title": "", "text": "if I open current accounts with all these institutions, will they know if I move money between them, i.e. from the one I pay my salary to, to the next, to the next etc.  Of course they will know. After all you will provide the account numbers for transferring the money. Regarding the intent of transfer they don't care. They only care the about the amount coming in regularly. refuse to give me the rates and bonuses I want For this I will go through their terms and conditions and you should do it. Check for any excluded conditions. Read between the lines. But check on what amount will you be getting the interest. Most of these accounts pay interest daily and on the amount in the account in a day. So you might not be generating much of an interest in those accounts if you don't have a substantial balance."}
{"_id": "463575", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans Torrance CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Get Auto Car Title Loans Torrance CA 1148 W Clarion Dr, Torrance, CA 90502  Phone : 424-306-1531 Email : atltorrance@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-torrance-ca"}
{"_id": "463579", "title": "", "text": "Mervis diamonds are designed by veteran and award-winning artists with a comprehensive know-how of creating stunning masterpieces that are aesthetically pleasing to one's eye. No matter what the occasion is, you can make a style statement with gorgeous masterpieces that we design for you. We help you choosing the most incredible pieces that help you standout from the crowd."}
{"_id": "463587", "title": "", "text": "Your question just doesn't make sense in terms of finance. The reason I recommended those questions is because it'll make yours more coherent.  There's deep confusion in your question, put another way. I don't think you're thinking about money properly, specifically the ownership and it doesn't appear you've read much about trading.  If you're interested in a financial career, you need to be very willing to learn independently. I think my questions are a good place to start.  Honestly, you should buy a finance textbook and just go through it. It's insanely complex at the top levels so reinforcing the foundation stuff is extremely beneficial."}
{"_id": "463590", "title": "", "text": "Flatratemoversla.com is a Los Angeles area moving company delivering reliable, personalized service at a flat rate cost.We help you in packing, unpacking, moving the goods and rearranging them in the new location. We specialize in residential relocation services and we provide on time, low budget moves with minimal disruption."}
{"_id": "463595", "title": "", "text": "\"I think you should really start a limited company for this. It'll be a lot simpler to spread the income over multiple years if your business and you have completely separate identities. You should also consult an accountant, if only once to understand the basics of how to approach this. Having a limited company would also mean that if it has financial problems, you don't end up having to pay the debts yourself. With a separate company, you would keep any money raised within the company initially and only pay it to yourself as salary over the three years, so from an income tax point of view you'd only be taxed on it as you received it. The company would also pay for project expenses directly and there wouldn't be any income tax to pay on them at all. You would have to pay other taxes like VAT, but you could choose to register for VAT and then you'd be able to reclaim VAT on the company's expenses but would have to charge VAT to your customers. If you start making enough money (currently \u00a382,000/year) you have to register for VAT whether you want to or not. The only slight complication might be that you could be subject to corporation tax on the surplus money in the first year because it might seem like a profit. However, given that you would presumably have promised something to the funders over a three year period, it should be possible to record your promises as a \"\"liability\"\" for \"\"unearned income\"\" in the company accounts. In effect you'd be saying \"\"although there's still \u00a360,000 in the bank, I have promised to spend it on the crowdfunded thing so it's not profit\"\". Again you should consult an accountant at least over the basics of this.\""}
{"_id": "463599", "title": "", "text": "Are you looking specifically at financial services; or what the people in your company's finance department do all day?  Investopedia has a layman overview of most Financial Services jobs: http://www.investopedia.com/university/financial-careers/  Corporate Finance is essentially divided into capital budgeting and working capital management, with dozens of titles for people doing these two things.  Not to be confused with Accounting, which is tracking everything.  The two are often housed together because finance needs accounting for their starting point on anything."}
{"_id": "463608", "title": "", "text": "\"You can store millions of dollars in deposit accounts, you just lose the explicit FDIC guarantee. So you look for rock-solid banks. Bankrate.com has \"\"Safe and Sound Ratings\"\" that show the relative strength of various banks. You put your excess deposits in those banks, and you are pretty safe. Note that in addition to the explicit FDIC guarantee, there is now an implicit guarantee that certain institutions have been deemed too \"\"big to fail\"\", and will be backed by the full faith and credit of the US Government, without regard to the capitalization of the bank. Bank of America, for example, is not well capitalized and is carrying billions of dollars of \"\"assets\"\" that have little or no value. Yet government policy keeps the bank afloat and your deposits secure. Another strategy is to use municipal money market accounts, which provide secure (but not guaranteed) deposit-like accounts as well as a tax benefit. If you have > $1M in liquid assets, you probably need a financial professional and attorney advising you to make sure that you are aware of  and are controlling for risk in a way consistent with your longer-term goals.\""}
{"_id": "463611", "title": "", "text": "If you are struggling with debt and cannot realistically pay your debts off with your current level of income, these businesses offer, for a fee, to negotiate with your debt providers a sum that you can realistically afford to pay. The debt providers will consider the offer because they would rather get some money back rather than nothing (as these are usually unsecured loans). For you it can be a better deal than going bankrupt or trying to struggle endlessly to pay off something you can't afford to pay off. Note, that even though you won't be bankrupt, you will be treated (by lenders) very similar to being bankrupt. In other words, it will be very hard for you to get new loans in the near future."}
{"_id": "463618", "title": "", "text": "Owning a fitness franchise could be the perfect way to start. You will be an entrepreneur and still not worry about starting from scratch. It will reduce business risk and expenses while increasing profits and a proven way to scale up in less time. Just your fitness is an industry leader committed to health and wellness \u2013 boosting strength, agility, and physical ability including good nutrition and positive mental outlook. If this sounds like the team you want to join contact us at: https://fitnessfranchiseblog.wordpress.com/2017/07/11/the-best-fitness-franchise-opportunity/"}
{"_id": "463631", "title": "", "text": "I'm not meaning to be condescending and I apologize if it came off that way.  I'm offering my perspective.  I see these relationships and have the perspective to see how the traders move about and where they move to as part of my role.  The most common way I see non-tier 1 grads moving into top tier HF trading roles is via stepping into BB's, moving into market making roles, and then using the position of being at the center of the market to network into roles.  Renaissance tech being the exception... most of the traders sustain research roles as well and are most came in with PhD's and academia backgrounds."}
{"_id": "463635", "title": "", "text": "\"The best time to buy a stock is the time of day when the stock price is lowest! Obviously you learned nothing from that sentence, but unfortunately you won't get a much better answer than that. Here's a question that is very similar to yours: \"\"Is it better to have a picnic for lunch or for dinner to minimize the chance of getting rained out?\"\" Every day is different...\""}
{"_id": "463636", "title": "", "text": "\"If this money is intended to be used for retirement and depending on how old \"\"older\"\" is, it sounds a little risky to be putting too much money in a stock based mutual fund.  While the CDs may seem like crappy investments right now, it is important to down-shift risk as you get closer to retirement because this person won't have as much time to recover if the markets take another big dip.\""}
{"_id": "463674", "title": "", "text": "&gt; and you are cherry picking Asian cities       Can you provide Asian city examples that have poorer transit infrastructure than the average US city?       Sure you could pick a bad Asian city like Jakarta and compare it to NYC or Chicago.   But, Jakarta is arguably close to LA in public transit.   LA is just more functional due to the interstate system."}
{"_id": "463713", "title": "", "text": "Most programming for financial engineering will be in C++, Python, R, or MATLAB; some books written by Mark Joshi or Daniel Duffy may be a good place to look for how C++ is used in FE (Duffy also has an online C++ course that's quite good).   If you have a physics/math background then you likely have 90% of the required maths, such as calculus, linear algebra, probability and statistics. I would recommend taking a course/reading a book on advanced probability, real analysis, and stochastic calculus, but these are not trivial subjects. If you are more interested in learning specifically about how math is applied to FE you can take a look at a book such as [a primer for the mathematics of FE](https://www.amazon.com/dp/0979757622/ref=cm_sw_r_cp_api_2KumzbMN6ZPE5).  Also, check out online forums that discuss this such as [quantent](quantnet.com)."}
{"_id": "463715", "title": "", "text": "Lol was scrolling through and reread it and decided to address the other part of your comment :) he knows a friend working at his dads company making that much a year and they are in dire need of more welders lol so its like nearly guaranteed since he is a close friend and the dudes dad pays them all the same and doesnt give his son xtra lol so solid 80k."}
{"_id": "463722", "title": "", "text": "\"You must have missed the results of the last partial audit called by Congress.  What you are linking to is the laughably incomplete audits by the GAO.    Here, [**take a look at what the last \"\"audit the fed\"\" bill uncovered.**](http://www.guardian.co.uk/business/2010/dec/02/us-federal-reserve-bailouts-multinationals) even after it was watered down in the Senate.  &gt;In a statement, Sanders described the revelations as \"\"jaw-dropping\"\", adding that \"\"based on a four-hour examination\"\" of the transactions, \"\"we have learned that the $700bn Wall Street bailout signed into law under George W Bush turned out to be pocket change compared to the trillions and trillions of dollars in near-zero interest loans and other financial arrangements the Federal Reserve doled out to every major financial institution in this country.\"\"  &gt;The documents detail short-term loans to Goldman Sachs of nearly $600bn; nearly $2tn to Morgan Stanley; $1.8tn to Citigroup; nearly $1tn to Bear Stearns; and some $1.5tn to Merrill Lynch. &gt;  &gt;Sanders said he found it \"\"most surprising\"\" that huge sums were used to bail out foreign banks and corporations. \"\"Has the Federal Reserve of the United States become the central bank of the world?\"\" he said.  &gt; &gt;\"\"I intend to investigate whether these secret Fed loans, in some cases turned out to be direct corporate welfare to big banks that used these loans not to reinvest in the economy but rather to lend back to the federal government at a higher rate of interest by purchasing treasury securities,\"\" he said.  This isn't just Ron Paul going after the Federal Reserve to expose their corruption...  hundreds of members of Congress have co-sponsored it.   Are you going to try to ridicule them too?\""}
{"_id": "463740", "title": "", "text": "I was gonna point out that female tech CEOs have been failing.  While I am not so eager to link their performance to their gender, I wonder if it is a combination of male dominated tech industry working against them unconsciously and their own incompetence, leading to a self-fulfilling prophecy?  But you are right that male CEOs have also failed.  Maybe it is perception bias at work?  Or because there are fewer female tech CEOs around, so they stick out more?  I think Amazon or ebay has a female CEO and they are doing pretty well right?"}
{"_id": "463744", "title": "", "text": "So many possible reasons here, some good, some not.   - Maybe they weren't as good at negotiating the original equity ask.   - Maybe they don't let egos get in the way of advice from a business partner.   - Maybe is about goals.  - Maybe it's random luck with a small sample size.  - Maybe it's selection bias.  - Maybe they're seeling a popular feminism trend more than a product.  Regardless, without more data and comparables, this is just fluff."}
{"_id": "463748", "title": "", "text": "\"\u201cI used to work at McDonald's making minimum wage. You know what that means when someone pays you minimum wage? You know what your boss was trying to say? \"\"Hey if I could pay you less, I would, but it's against the law.\u201d \u2015 Chris Rock\""}
{"_id": "463750", "title": "", "text": "\"This might not map well, because personal finance is not the global economy; but let's start by talking about this in terms of the cost of a loan vs the gain of an investment.   If you can buy a house with a mortgage at 3%, but make 7% on average in the stock market... You should take as *looong* as possible to pay that off, and invest every penny you can spare in the markets.  Heck, if you can take on even *more* debt at 3%, you should still do the same.  Now imagine you have the power to literally print money, *but*, doing so is effectively a form of \"\"loan\"\" to yourself.  We call the \"\"interest\"\" on that loan \"\"inflation\"\", and it comes out to roughly 2%, basically the same rate that US treasuries pay (they aren't strictly locked, but they rarely drift far apart).  So, if you can print money at 1%, you should rationally print as much money as you possibly can to buy US treasuries at 2+%.  But someone has to *take* that money off your hands - Pallets of money siting in a warehouse aren't worth any more than the paper they're made of.  There we get into trade imbalances... Whether printing money costs you 0.1% or 10% or 1000% per year depends on whether your country is, on average, making or losing money on international trade (I'm glossing over a hell of a lot there, as full disclosure), and by how much.  If you're printing money as fast as you can just to buy food to stay alive with zero exports, you're screwed; if your country exports $10 to the US (or equivalents) for every $1 you import, the rest of that is essentially \"\"invested\"\" in USD, in that you didn't need to print it yourself just to feed your people.\""}
{"_id": "463751", "title": "", "text": "\"A repossessed automobile will have lost some value from sale price, but it's not valueless.  They market \"\"title loans\"\" to people without good credit on this basis so its a reasonably well understood risk pool.\""}
{"_id": "463754", "title": "", "text": "All I know is that the (former) CEO of Uber is an asswipe, and the only person I've ever experienced through Uber was an Indian guy with zero common sense. Meanwhile, I don't know anyone from Lyft, but they offer a $500 sign on bonus to all new drivers. It's clear to me which I'd prefer."}
{"_id": "463756", "title": "", "text": "Wal-mart is not transferring the cost of labor onto the taxpayers. The Government is doing that. If you don't like it you can either vote for representatives that will remove these sorts of welfare payments, or you can supply the workers with better-paying jobs."}
{"_id": "463768", "title": "", "text": "\"Well you are right about the market speaking but what you got wrong is what the market was talking about.  The market does not dictate jobs, it does dictate production and sales. If they can produce and sell without jobs then they will.  As far as coal being dead, far from it.  Here are the actual numbers for global coal use.  The unit is 1000 short tons.  1980 3,740,690  1981 3,814,908.00  1982 3,942,541.00   1983 4,051,196.00   1984 4,250,713.00   1985 4,445,314.00   1986 4,533,378.00   1987 4,692,590.00   1988 4,863,277.00   1989 4,816,369.00   1990 4,944,566.00   1991 4,778,631.00   1992 4,647,853.00   1993 4,806,460.00   1994 4,841,132.00   1995 4,938,585.00   1996 5,054,008.00   1997 4,961,120.00   1998 4,923,914.00   1999 4,989,302.00   2000 5,269,613.00   2001 5,350,284.00   2002 5,489,468.00   2003 5,917,536.00   2004 6,406,380.00  2005 6,836,650.00   2006 7,194,744.00  2007 7,560,933.00   2008 7,697,183.00   2009 7,638,344.00   2010 8,027,355.00   2011 8,438,300.00   2012 8,647,950.00   2013 8,701,070.00    As you can see the market has spoken and the conclusion is the exact opposite of what you claim. Not only is coal not \"\"dead\"\" it is surging.  At current rates of use the proven coal reserves of the world will last well over 150 years.  I suspect you will die and still be in denial about coal not being dead yet. Your kids will probably also be dead before coal dies and likely your grandkids as well.\""}
{"_id": "463787", "title": "", "text": "&gt;No, including education. I don't see how that matters.  It matters because it means you can't compare education to any good for sale and that you absolutely can blame the students unlike how you can't blame other consumers of goods.   &gt;Doesn't have to be consumable. How about a marketing consultant who claims his customer didn't actually want better sales? How about an interior designer who claims his customer has horrible taste? How about a president who claims a gold star widow didn't want to be consoled?  All of those are offering a product that is used (aka consumed)"}
{"_id": "463824", "title": "", "text": "Who do you think invented minimum wage? Unions did. Regulated working hours? A bunch of other things you take for granted? Minimum wage workers have to put up with a lot of bad things, including people looking down on them because they make little money(but not because they are poor, that would be classist and politically incorrect), mostly from people they work for including customers."}
{"_id": "463829", "title": "", "text": "\"Your biggest risk with a vendor like this is not that your Credit Card Number will be stolen in transit, it is that it will be stolen from the vendor. I agree with @mhoran that using a one-time number is the best plan, provided you have a bank that offers such numbers.  Bank of America calls it \"\"Shop Safe\"\" while Citibank calls it \"\"Virtual Account Numbers\"\".  I think Discover card has something similar, but less useful, in that they aren't really one-time use, and I think American Express discontinued their service.  AFAIK no one else offers anything like it.  If you can't get a one-time number, then I was going to suggest buying a Visa gift card, until I put together the fact that you are making a purchase in Asia and the gift cards are not authorized for international payments (due to PATRIOT act restrictions).  Visa does offer the V.me service which might help, but I doubt your vendor participates (or would even be allowed to participate) if they don't offer a secure order form.  You can open a pre-paid Visa card account, which is probably what I'd do. You can buy pre-paid Visa cards the same way you buy Visa gift cards, the difference being you have to register the pre-paid cards (thanks, PATRIOT act) before you can use them.  But it's not that big a deal to register one, you just fill out the online form your your SSN etc and you're good to go. Load it up with enough money to cover your purchase and the FX fees and then cut it up.\""}
{"_id": "463831", "title": "", "text": "Goal - What is it that you are saving or investing to have: Educational costs, retirement, vacation, home, or something else. Dollar figure and time period would be the keys here. Risk tolerance - What kind of risks are you prepared to accept with the investment choices you are making? What kind of time commitment do these investments have and are you prepared to spend the time necessary for this to work? This is about how wild are the swings as well as what beliefs do you have that may play a role here. Strategy - Do you know what kind of buy and sell conditions you have? Do you know what kind of models you are following? This is really important to have before you buy something as afterward you may have buyer's remorse that may cause more problems in a sense. Record keeping - Do you know what kinds of records you'll need for tax purposes? Do you know how long to hold onto records? Those would be the main ones to my mind."}
{"_id": "463832", "title": "", "text": "When you started I thought, O great here we go. This guy is a douche. But then as I was reading it I couldn't stop smiling. You are an entertaining writer and you have down, Yoda. From fuckstick to handjobs this is the way you get a job."}
{"_id": "463836", "title": "", "text": "A local here owned multiple real estate and simply filed much less on his taxes.  54 months in prison.  Wesley Snipes went to prison for tax evasion.  These people did tax evasion and welfare scam.  I say 5-6 years if guilty.  A lot of comments say they're rich and connected.  I didn't see the connected part but still.  One thing you never ever do is steal from the US Government.  https://www.justice.gov/archive/usao/mn/damianisentenced.html"}
{"_id": "463837", "title": "", "text": "\"John Bensin's answer covers the math, but I like the plain-English examples of the theory from William\u00a0Bernstein's fine book, The Intelligent Asset Allocator.  At the author's web site, you can find the complete chapter 1 and chapter 2, though not chapter 3, which is the one with the \"\"multiple coin toss\"\" portfolio example I want to highlight. I'll summarize Bernstein's multiple coin toss example here with some excerpts from the book.  (Another top user, @JoeTaxpayer, has also written about the coin flip on his blog, also mentioning Bernstein's book.) Bernstein begins Chapter 1 by describing an offer from a fictitious \"\"Uncle Fred\"\": Imagine that you work for your rich but eccentric Uncle Fred. [...] he   decides to let you in on the company pension plan. [...] you must pick   ahead of time one of two investment choices for the duration of your   employment: Certificates of deposit with a 3% annualized rate of return, or, A most peculiar option: At the end of each year Uncle Fred flips a coin. Heads you receive a 30% investment return for that year, tails a   minus 10% (loss) for the year. This will be hereafter referred to as   \"\"Uncle Fred\u2019s coin toss,\"\" or simply, the \"\"coin toss.\"\" In effect, choosing option 2 results in a higher expected return than option 1, but it is certainly riskier, having a high standard deviation and being especially prone to a series of bad tosses.  Chapters 1 and 2 continue to expand on the idea of risk, and take a look at various assets/markets over time.  Chapter 3 then begins by introducing the multiple coin toss example: Time passes. You have spent several more years in the employ of your   Uncle Fred, and have truly grown to dread the annual coin-toss   sessions. [...] He makes you another offer. At the end of each year,   he will divide your pension account into two equal parts and conduct a   separate coin toss for each half [...] there are four possible   outcomes [...]: [...]   Being handy with numbers, you calculate that your annualized return   for this two-coin-toss sequence is 9.08%, which is nearly a full   percentage point higher than your previous expected return of 8.17%   with only one coin toss. Even more amazingly, you realize that your   risk has been reduced \u2014 with the addition of two returns at the   mean of 10%, your calculated standard deviation is now only 14.14%, as   opposed to 20% for the single coin toss. [...] Dividing your portfolio between assets with uncorrelated results increases return while decreasing risk. [...]   If the second coin toss were perfectly inversely correlated   with the first and always gave the opposite result [hence, outcomes   1 and 4 above never occurring], then our return would always be 10%.   In this case, we would have a 10% annualized long-term return with zero risk! I hope that summarizes the example well.  Of course, in the real world, one of the tricks to building a good portfolio is finding assets that aren't well-correlated, and if you're interested in more on the subject I suggest you check out his books (including The Four Pillars of Investing) and read more about Modern Portfolio Theory (MPT).\""}
{"_id": "463843", "title": "", "text": "\"So Iran . .what did we learn today? hmmmm  . . .  Don't be shy . . .Today's lesson is:  The only thing that will stop a bully is the knowledge that you can hurt him  Then he will move on to someone he can't  So to all you fucking pansies out there, let the words of the great Dubya ring true in your ears  \"\"Nothing feeds Aggression like success\"\"\""}
{"_id": "463851", "title": "", "text": "There are companies who sell data gleaned in aggregate from credit card providers to show how much of what category of product is sold online or offline, but that data is not cheap.  1010data is one such data aggregator we are talking to right now. Haven\u2019t seen pricing yet but I expect 6 figures to access the data"}
{"_id": "463857", "title": "", "text": "A lot of this example is idealistic and the analysis stops right at the point the loan is issued.    If you use generous interest rates you could just skirt by the bare minimum debt service coverage ratio for an asset-backed loan if you found a lender to approve it.  However, he doesn't address any of the issues of running a business that will be insolvent if expenses rise more than about ~2% above the monthly average in a given month (those pesky 3-pay period months; equipment repairs; heating/cooling in winter/summer; etc.), or you have a similarly small sag in sales (selling dirtbikes in January?).    Most companies doing LBOs have skin in it, and a plan to make the company more valuable, not run it exactly the way it is. This allows them to either acquire more debt capital than just a percentage of the collateral -- and so they can finance capital projects to improve the business, deal with fluctuations in cash flow, and/or implement plans to increase the free cash flows above how it was running previously.  This site's advice is a bit like teaching someone the basics of how to take off in an airplane, and then telling them they're ready to fly."}
{"_id": "463871", "title": "", "text": "Illinois resident- There is no way Mike Madigan will let Rainer impose term limits and take away his seat of power. I don't see this getting settled until the Federal government steps in and mediates an agreement between them."}
{"_id": "463874", "title": "", "text": "Wrong, the whole point is to help people who need it.  The only reason they need the help is because their employer refuses to pay them accordingly.  The food stamp program was not created to help coincide with a business model, it was created to make sure people who couldn't afford to eat were able to eat.  If Walmart can't make it on it's own then a company like Walmart doesn't deserve to exist.  If we had some sort of law requiring businesses to pay higher wages than minimum wage when these businesses meet some sort of requirement then we wouldn't have this problem."}
{"_id": "463876", "title": "", "text": "\"don't you love the shills in here? Hahahahahahahaha  \"\"The billionaire knows nothing about economics or the economy.\"\" Shariablue.   He just turned 10 million into an empire.  Oh and Obama increased the national debt by 9 trillion and the fucking shills are complaining that he is reducing the wrong debt HAHAHAHAHAHA.   http://www.businessinsider.com/national-debt-deficit-added-under-president-barack-obama-2017-1\""}
{"_id": "463881", "title": "", "text": "\"Does your spouse work? That's one factor that can put your income into a higher bracket. The one difference to note is you will pay 2x the social security portion, so even though not \"\"federal\"\" tax, its right off the top nearly 13%. I'm not familiar with your states tax. It's really worth dropping the $75 on a copy of the software and running your own exact numbers.\""}
{"_id": "463885", "title": "", "text": "Your current loan is for a new car. Your refinanced loan would probably be for a used car. They have different underwriting standards and used car loan rates are usually higher because of the higher risks associated with the loans. (People with better credit will tend to buy new cars.) This doesn't mean that you can't come out ahead after refinancing but you'll probably have to do a bit of searching. I think you should take a step back though. 5% isn't that much money and five years is a long time. Nobody can predict the future but my experience tells me that the **** is going to hit the fan at least once over any five year period, and it's going to be a really big dump at least once over any ten year period. Do you have savings to cover it or would you have to take a credit card advance at a much higher interest rate? Are you even sure that's an option - a lot of people who planned to use their credit card advances as emergency savings found their credit limits slashed before they could act. I understand the desire to reduce what you pay in interest but BTDT and now I don't hesitate to give savings priority when I have some excess cash. There's no one size fits all answer but should have at least one or two months of income saved up before you start considering anything like loan prepayments."}
{"_id": "463892", "title": "", "text": "Your employer's matching contribution is calculated based on the dollar amounts you end up putting in. The nature of your 401(k) contribution\u2014whether pre-tax or Roth after-tax\u2014doesn't matter with respect to how their match gets calculated, and their match always goes into a pre-tax account, even if you are contributing after-tax. The onus is on you to choose a contribution amount that maximizes your employer match regardless of the nature of your contribution. Maximizing your employer match using Roth after-tax contributions will eat up more of your annual gross salary, but as long as you are willing to do that then you won't leave free employer match money on the table. Roth after-tax contributions don't get the tax deduction inherent in a pre-tax contribution. The tradeoff is that you end up with less take-home pay per period if you contribute the same number of dollars on a Roth after-tax basis to your 401(k) as opposed to on a pre-tax basis. For instance, to make a maximum $18,000 Roth after-tax contribution to a 401(k), it's going to cost you a lot more than $18,000 of your annual gross salary to net the same $18,000 number. (On the flip side, the Roth money is worth more in retirement than pre-tax money, because it won't be subject to taxes then.) However, 401(k) plan contribution amounts are almost always expressed as a percentage of gross salary, i.e. in pre-tax terms, even when electing to make after-tax contributions! So when electing after-tax, one is implicitly accepting that the contribution will cost more than the percentage of gross salary, because you'll need to pay the tax on a gross amount that would yield the same number of dollars but as an after-tax amount."}
{"_id": "463893", "title": "", "text": "Honing in on your last question: Is there a better way?  I think there is, but it would require you to change the way you handle your spending, and that may not be of interest to you.  Right now you have a lot of manual work, keeping track of expenditures and then entering the, every day. The great thing about switching to a habit where you pay for everything using a debit or credit card is that you can skip the manual entry by importing your transactions from your bank. You mention that your bank doesn't allow for exporting. There's still a chance that your bank can connect with a solution like Wave Accounting (http://www.waveaccouting.com), which is free and made for small business accounting. (Full disclosure: I represent Wave.) If your current bank doesn't permit export or connections with Wave, it may be worth switching to a different bank. It's a bit of a pain to make the switch, I know, but you really will save a massive amount of time and effort over the course of the year, as well as minimize the risk of human error, compared to entering your receipts on a daily basis. In Wave, you can still enter all of your cash receipts manually if you want to continue with your current practice of cash payments. One important thing to mention, too: If you're looking for a better way of doing things, make sure it includes proper backup. There would be nothing worse than entering all that data onto a spreadsheet and then something happening to your computer and you lose it all.  Wave Accounting is backed up hourly and uses bank-level security to keep your information safe. One last thing: as I mention above, Wave Accounting is free.  So if it is a good match for your small business accounting needs, it will also be a nice fit for your wallet."}
{"_id": "463899", "title": "", "text": "I understand the insurance angle, but why is that my problem? I have a great job that doesn't involve heavy machinery, and I can casually use cannabis off hours.  If your factory can't hire who it needs to maybe it can't compete anymore? Nobody has to work for you either."}
{"_id": "463907", "title": "", "text": "The bonus share also improves the liquidity however there is some difference in treatment. Lets say a company has 100 shares, of $10 ea. The total capital of the compnay is 100*10 = 1000. Assuming the company is doing well, its share is now available in the market for $100 ea. Now lets say the company has made a profit of $1000 and this also gets factored into the price of $100. Lets say the company decides to keep this $1000 kept as Cash Reserve and is not distributed as dividends.   In a share split say (1:1), the book value of each share is now reduced to $5, the number of shares increase to 200. The share capital stays at 200*5 = 1000. The market value of shares come down to $50 ea.   In a Bonus share issue say (1:1), the funds $1000 are moved from Cash Reserve and transferred to share capital. The book value of each share will remain same as $10, the number of shares increase to 200. The share capital increases to 200*10 = 2000. The market value of shares come down to $50 ea.   So essentially from a liquidity point of view both give the same benefit. As to why some companies issue bonus and not a split, this is because of multiple reasons. A split beyond a point cannot be done, ie $10 can be split to $1 ea but it doesn't look good to make it $0.50. The other reason is there is adequate cash reserve and you want to convert this into share holders capital. Having a larger share holders capital improves some of the health ratios for the compnay. At times bouns is used to play upon that one is getting something free."}
{"_id": "463938", "title": "", "text": "Not for lack of trying either.  They had a ton of merchandising avenues from clothing to lunch boxes to custom games on the Roku; however, like all app fads, they eventually bacame old news.   I see this as a last-ditch attempt to cash in."}
{"_id": "463941", "title": "", "text": "I just made a separate post for this, but since it's Moronic Monday I suppose I suit the occasion with this repost...   I'm applying to work a few major banks as an analyst, and my understanding is that a numerical reasoning test is part of the application process. I'm trying to get ready for it, as most of higher-level education has focused on reading and writing with little to do with numbers. Therefore, does anyone recommend a good numerical reasoning test prep program? Every online program says they're the best, perhaps someone here has actually used one and found it the most helpful. Thanks in advance."}
{"_id": "463942", "title": "", "text": "power pressure cooker The Power Pressure Cooker XL is one of the hottest kitchen appliances on the market. Compared to conventional cooking methods, such as ovens and stovetops, the pressure cooker cooks gourmet meals in a fraction of the time. The cooker lets you enjoy delicious meals faster and saves time, energy, and money. It\u2019s perfect for making soups, stews, jams, vegetables, meats, desserts, and much more. Here\u2019s what Power Pressure Cooker XL reviews say about this amazing digital cooker"}
{"_id": "463943", "title": "", "text": "\"A kid can lose everything he owns in a crap shoot and live. But a senior citizen might not afford medical treatment if interest rates turn and their bonds underperform. In modern portfolio theory, risk/\"\"aggression\"\" is measured by beta and you get more return by increasing risk. Risk-adjusted return is measured by the Sharpe ratio and the efficient frontier shows how much return you get for each level of risk. For simplicity, we will assume that choosing beta is the only investment choice you make. You are buying a house tomorrow all cash, you should set aside that much in liquid assets today. (Return = who cares, Beta = 0) Your kids go to college in 5 years, so you invest funds now with a 5 year investment horizon to produce, with a reasonable level of certainty, the needed cash then. (Beta = low) You wish to leave money in your estate. Invest for the highest return with a horizon of your lifetime. (Return = maximum, Beta = who cares) In other words, you set risk based on how important your expenses are now or later. And your portfolio is a weighted average. On paper, let's say you have sold yourself into indentured servitude. In return you have received a paid-up-front annuity which pays dividends and increases annually. For someone in their twenties: This adds up to a present value of $1 million. When young, the value of lifetime remaining wages is high. It is also low risk, you will probably find a job eventually in any market condition. If your portfolio is significantly smaller than $1 million this means that the low risk of future wages pulls down your beta, and therefore: Youth invest aggressively with available funds because they compensate large, low-risk future earnings to meet their desired risk appetite.\""}
{"_id": "463954", "title": "", "text": "\"Yes and no, go look up how much AT&amp;T (didn't) spend on infrastructure right about the time they locked in the (then) exclusive iPhone deal. They were making money hand over fist due to the deal and spending at a record low on building out infrastructure to support the new users, and the new demand for mobile data. They went to far as to get the app review team to look for apps that used \"\"too much\"\" (but they would never say how much was too much) data over the cell network and reject them.\""}
{"_id": "463955", "title": "", "text": "The analyzer is highly portable as there is no need of transportation of any bulky liquid, reagents, or other testing materials. Plug the analyzer into an outlet and then turn it on. The machine is ideally used on ships, hospitals or other remote environments. After the start up, it is ready for use instantly. It performs quality checks to ensure proper functioning."}
{"_id": "463967", "title": "", "text": "\"The \"\"cannot be used for gift cards\"\" clause is part of a contract. Target agreed to this breach of contract by allowing customers to buy a gift card with a gift card.  From a legal standpoint Target should have refused the purchases, but since it allowed the purchases to occur in plain site I doubt a judge would find a customer at fault.\""}
{"_id": "463975", "title": "", "text": "Hi! Question!   I just got hired at a publicly traded banking company in Southern California. My position will be in one of the corporate offices, working in the IT department, doing mostly documentation and communication.   My question is about dress code, more specifically tattoos.   I interviewed in a suit, dressed the part and everything and they extended an offer to me. But my last job was much more lax and I didn't have to hide my tattoos. The office culture appears to be business professional/business casual dress. I didn't see any visible tattoos in my tour but I didn't meet everyone.   Obviously I plan to wear long sleeves (I have a sleeve tattoo) in the beginning at least to feel it out, but if it continues to prove to be a strict environment I'll need to go shopping for more appropriate clothes.   I'm 29/F, have piercings (both tragus, conch orbital and ear lobes), interviewed with short (ruby rose style) grey hair, but I wore a suit. Just trying to paint a picture of what they subscribed to.   Does anyone have experience in banking and can shed some light on the tattoo issue?"}
{"_id": "463992", "title": "", "text": "As far as the money goes, it all comes down to the terms.  What is going to cost you the least?  Look for hidden fees and costs with the store credit.  You will need to read the fine print of the credit agreement some automatically sign you up for a service that will cost you extra money every month.   Compare what the costs are going to be over the term you will pay it off.  A good calculator to help you figure this out is http://www.amortization-calc.com/ It is designed with larger loans but works for smaller loans too.   Realize that you will have to add fees and finance charges into the total loan amount to get a good comparison. ** Unless you NEED a computer you should wait until you can afford to pay for it.  Charging these types of expenses tends to lead down to a pit of debt that is hard to get out of.  Wanting a computer really bad is not the same as a need."}
{"_id": "464002", "title": "", "text": "You might be right about that, but your previous posts don't say that.  In just the last one you said:  &gt;Because buyback decreases shares outstanding it **also decreases the company's total future dividend payouts as well**  This is indicating that you believe there is a difference somehow, no?"}
{"_id": "464017", "title": "", "text": "\"I utopia, once issues are discovered, politicians put politics aside and work together to fix the issues as soon as possible.  In reality, politicians would rather people and doctors suffer, only that their own way and only their way (party way) will be the way.  So, sorry, but Trump need to \"\"motivate\"\" politicians to do something.   And with a million percents certainty, this \"\"motivation\"\" method is not what Trump prefers.  Actually, he said it himself: \"\"ObamaCare will fail on its own without me doing anything.\"\"  &gt; \"\"repeal now, replace later\"\"   This is not what Trump wants or said.   But I think this is not a bad idea. If it get repealed (easy to do, in 5 minutes, if most vote for it) then it will motivate the politicians to work on a replacement, and work fast on that, with a pressure to prove that the new plan is better.  &gt; agenda which would have an immediate and dramatic impact on the well being of millions  Those millions are chronically sick and are drain on the system.   Many more millions have to pay much more than before, and more than it will cost them out-of-pocket.  As an Israeli, and Israel as one of the best National Healthcare system in the world, I can tell you that with National Health Care, not everything is covered and some of chronically ill people do not get any and all the treatments they need.   And I have no moral issues about it.\""}
{"_id": "464077", "title": "", "text": "This has zero impact on spot prices or anywhere on a reasonably scaled forward curve.  Reddit can be such an echo chamber spouting bullshit sometimes.  Yes, it'll eventually reduce oil use, but it's at least 20 years down the line.  The whole issue with the oil market these days is US tight oil production being able to ramp up quickly and reduce costs."}
{"_id": "464078", "title": "", "text": "\"1) link? 2) It doesn't matter if they can or do, what matters is if they are *investing* (not trading) in it *more* than banks are investing in businesses. If that is the case (it is) then businesses as a whole will see the inflation first, and commodities will be playing catchup the entire time, but mostly when the investments hit recession.  I will invest in the market again after they lose their mal-invested value, In historical terms the best time was to invest in them was 1980, 1938 and 1900, and the best time to get out was 1929 1960's and 2000. But to bet against them right now, with the dollar, is meaningless because the FED is deflating the currency as they go down, so it's like running on a treadmill. By holding silver I am essentially short the market, only difference is instead of holding a devaluing currency (cash) I'm holding a real money which is increasing in value.  There's nothing simpler than \"\"investing\"\" in commodities for the long-term, people lose when they are making monthly/daily trades in them. Anyone who bought and held on to gold in 2000 did it for $300, and they've made infinitely more than the majority of people investing in blue chips (because they've lost value) and much more than those who invested in bonds. And that trend isn't going to stop unless the government lets the dollar deflate in which case the dollar will come to gold instead of the other way around. Until they are in equilibrium again. Historically the dow has an average of being 2 ounces of gold, peaking at 50 and trophing at .5. If it hits .5 again like it has everytime this occurs in the past. Then either gold will be $20000 or the dow will be 4000. You pick.\""}
{"_id": "464080", "title": "", "text": "\"Given that the 6 answers all advocate similar information, let me offer you the alternate scenario - You earn $60K and have an employer offering a 50% match on all deposits. All deposits. (Note, I recently read a Q&A here describing such an offer. If I see it again, I'll link).  Let the thought of the above settle in. You think about the fact that $42K isn't a bad salary, and decide to deposit 30%, to gain the full match on your $18K deposit. Now, you budget to live your life, pay your bills, etc, but it's tight. When you accumulate $2000, and a strong want comes up (a toy, a trip, anything, no judgement) you have a tough decision. You think to yourself, \"\"after the match, I am literally saving 45% of my income. I'm on a pace to have the ability to retire in 20 years. Why do I need to save even more?\"\"  Your budget has enough discretionary spending that if you have a $2000 'emergency', you charge it and pay it off over the next 6-8 months. Much larger, and you know that your super-funded 401(k) has the ability to tap a loan. Your choice to turn away from the common wisdom has the recommended $20K (about 6 months of your spending) sitting in your 401(k), pretax deposited as $26K, and matched to nearly $40K, growing long term.  Note: This is a devil's advocate answer. Had I been the first to answer, it would reflect the above.  In my own experience, when I got married, we built up the proper emergency fund. As interest rates fell, we looked at our mortgage balance, and agreed that paying down the loan would enable us to refinance and save enough in mortgage interest that the net effect was as if we were getting 8% on the money. At the same time as we got that new mortgage, the bank offered a HELOC, which I never needed to use. Did we somehow create high risk? Perhaps. Given that my wife and I were both still working, and had similar incomes, it seemed reasonable.\""}
{"_id": "464081", "title": "", "text": "As an insider who experienced both, i can confirm. Walmart's culture is very... rough. The executives i have met just act like their soul was stolen, theres no real interest in the company's future or its people. It feels like nobody really cares.  Meanwhile at Amazon, the company has taken the relatively new silicon valley business model to heart. Amazon not only invests in expansion and growth, but it invests significantly in its personnel. There are millions of dollars rolling around, being invested in employee development and growth through programs like their tuition assistance and employee assistance. Amazon shows its employees that the company cares by investing in them, and that makes a huge difference in employee retention and productivity. I know people who have worked at one warehouse for over 10 years and never considered leaving because the company makes them feel wanted. That culture is built from the very top all the way to the lowest supervisor."}
{"_id": "464132", "title": "", "text": "ELI5 - you sell something that you don't own with the expectation that it will go down, and then you buy it back when it goes down in order to lock in profit.  You are charged fees to borrow the stock from someone else who currently owns it, and you also run the risk of the market going against you by going up."}
{"_id": "464135", "title": "", "text": "We provide the best vintage motorcycle spare parts because we have a lot of really motorcycle spare parts. That we receive from our customers as well as major memorable purchases. Most of the people want to vintage motorcycle because vintage motorcycles are very popular among collectors as well as other motorcycle. If you want to Vintage Motorcycles for Sale, then you can start shopping for a vintage motorcycle and its accessories on our company website."}
{"_id": "464153", "title": "", "text": "Supplier of\u00a0Quartz\u00a0Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php#supplier-quartz-grit Supplier of Quartz Grit in India, Manufacturer of Quartz Grit in India - Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. Usage of Quartz Grit in tiles, Ferro alloys, Ferro silicon, Ferro chrome, oil drilling, artificial granites, and electrical industries. Other applications of quartz grit are in steel industries, sugar refining, dairy farms, paper industries, chemical industries and water treatment plants."}
{"_id": "464166", "title": "", "text": "\"You are kind of thinking of this correctly, but you will and should pay for insurance at some point.  What I mean by that is that, although the insurance company is making a profit, that removing the risk for certain incidents from your life, you are still receiving a lot of value.   Things that inflict large losses in your life tend to be good insurance buys.  Health, liability, long term care, long term disability and property insurance typically fall into this category.   In your case, assuming you are young and healthy, it would be a poor choice to drop the major medical health insurance.  There is a small chance you will get very sick in the next 10 years or so and require the use of this insurance.  A much smaller chance than what is represented by the premium.  But if you do get very sick, and don't have insurance, it will probably wipe you out financially.  The devastation could last the rest of your life.   You are paying to mitigate that possibility.  And as you said, it's pretty low cost.   While you seem to be really good at numbers it is hard to quantify the risk avoidance.  But it must be considered in your analysis. Also along those lines is car insurance.  While you may not be willing to pay for \"\"full coverage\"\" it's a great idea to max out your personal liability if you have sufficient assets.\""}
{"_id": "464173", "title": "", "text": "\"Fannie Mae and Freddie Mac uniform loans do not have prepayment penalties, so most plain-vanilla loans from national banks and brokers shouldn't have the penalty.  (Fannie Mae rules are categorical; Freddie Mac will buy loans with prepayment if the loan originator documents that a loan without prepayment was offered and the borrower made the choice for other considerations; the uniform instrument they share conforms to the more restrictive rules) \"\"Mortgage loans subject to prepayment penalties will be ineligible for sale to Fannie Mae\"\" Fascinating historical discussion of how the two GSEs negotiated the compromise uniform form back in 1975 Exotic terms, subprime, jumbo loans, ARMs, construction loans, secondary loans or really local banks where they'll hold the loan are cases where there might be a prepayment penalty.\""}
{"_id": "464177", "title": "", "text": "Maybe, but electricity is used for countless devices already.  If people stopped driving entirely, overall electricity usage would most likely stay right where it is.  However, if people stopped driving, gasoline consumption would plummet, because its primary use is fuel for an internal combustion engine.  Given how much electricity we use already, I'm not convinced a full switch to electric cars would cause the cost of charging an electric car to jump to $30"}
{"_id": "464203", "title": "", "text": "\"I worked at a Best Buy for a summer.  I worked in merch (basically I was a stock boy) and we \"\"sold\"\" something greater than 80% of the product if I remember correctly.  People mostly don't want/need a person to help them.  That said, even though I wasn't really supposed to talk to customers I still really enjoyed helping them.  I even sent a few home to the internet to order basic computer hardware because our store prices were stupid expensive (50%-100% more than a similar product online).  I wasn't ranked on how many stupid extended warranties I sold though because I was merch and not sales.  That shit was stupid.  Most of the products they sell at Best Buy are disposable.  Even the more expensive items will probably last longer than is worth trying to get them fixed.  But that shit gets pushed on employees and if they want to get raises they push it on customers.  Margins are shit on lots of the stuff they sell though.  Except car audio.  Car audio has a massive mark-up.\""}
{"_id": "464204", "title": "", "text": "It is taxable to your brother (assuming he's a US tax resident). Transfer of any amount over $14k per year to any single person (other than spouse) triggers gift tax liability."}
{"_id": "464205", "title": "", "text": "See my post listing Trumps failures.  Clearly lenders/investors/people get sucked into things all the time.  P.S. Established Corps and LLC are granted credit all the time.  In my example I never mentioned how old or established, or well funded any of these Corps were."}
{"_id": "464216", "title": "", "text": "Many potential expats have exactly one choice of destination, based on a job offer or a spouse or some other situation, but many potential expats can choose nearly anywhere in the world. Especially retired people and location-independent people with good incomes, some have the ability to spin the globe and move to a place they feel will suit them well."}
{"_id": "464222", "title": "", "text": "Something else is going on here. Rates are high for a specific reason, possible due to the house being non-conforming (ie, trailer/pre fab housing?)  Higher downpayment won't help.  Go to LendingTree.com and have a ton of offers spammed at you. With 20% down + conforming you should be around 4.5%."}
{"_id": "464242", "title": "", "text": "I'm saying that fees from Ticketmaster's competitors are usually only a few dollars less.  How can you question the cost of a ticket when you don't know anything about the economics behind it? How much does it cost to advertise a show? How much was the artist's upfront guarantee? How much does the venue require to put on the show? Etc. You don't know any of these numbers for any of the acts you go to see."}
{"_id": "464256", "title": "", "text": "Looking for someone who can design the website for your Business?? Make us a call or visit our website to know what our customers say about our designing.  We provide Logo designing and website designing in Waikato. Visit our FB page to see the logo designed by us. We are having the page with the name Internet and Game Zone."}
{"_id": "464261", "title": "", "text": "Lol GM and Chrysler unsecured bonds had terrible recoveries when they defaulted in 08. They sure as fuck weren't backed by the Treasury. The government just won't let the big automakers liquidate.  Perhaps a simple Google search before you pontificate next time?"}
{"_id": "464263", "title": "", "text": "\"I believe Tom Au answered your key question. Let me just add in response to, \"\"What if someone was just simply rich to buy > 50%, but does not know how to handle the company?\"\" This happens all the time. Bob Senior is a brilliant business man, he starts a company, it is wildly successful, then he dies and Bob Junior inherits the company. (If it's a privately owned company he may inherit it directly; if it's a corporation he inherits a controlling interest in the stock.) Bob Junior knows nothing about how to run a business. And so he mismanages the company, runs it into the ground, and eventually it goes bankrupt. Stock holders lose their investment, employees lose their jobs, and in general everyone is very unhappy. I suppose it also happens that someone gets rich doing thing A and then decides that he's going to buy a business that does thing B. He has no idea how to run a business doing thing B and he destroys the company. I can't think of any specific examples of this off the top of my head, but I've heard of it happening with people who make a ton of money as actors or professional athletes and then decide to start a business.\""}
{"_id": "464264", "title": "", "text": "Dollar cost averaging is a great strategy to use for investment vehicles where you can't invest it in a lump sum. A 401K is perfect for this. You take a specific amount out of each paycheck and invest it either in a single  fund, or multiple funds, or some programs let you invest it in a brokerage account so you can invest in virtually any mutual fund or stock. With annual or semi-annual re-balancing of your investments dollar cost averaging is the way to invest in these programs. If you have a lump sum to invest, then dollar cost averaging is not the best way to invest. Imagine you want to invest 10K and you want to be 50% bonds and 50% stocks. Under dollar cost averaging you would take months to move the money from 100% cash to 50/50 bonds/stocks. While you are slowly moving towards the allocation you want, you will spend months not in the allocation you want. You will spend way too long in the heavy cash position you were trying to change. The problem works the other way also. Somebody trying to switch from stocks to gold a few years ago, would not have wanted to stay in limbo for months. Obviously day traders don't use dollar cost averaging. If you will will be a frequent trader, DCA is not the way to go.  No particular stock type is better for DCA. It is dependent on how long you plan on keeping the investment, and if you will be working with a lump sum or not. EDIT: There have be comments regarding DCA and 401Ks. When experts discuss why people should invest via a 401K, they mention DCA as a plus along with the company match. Many participants walk away with the belief that DCA is the BEST strategy. Many articles have been written about how to invest an inheritance or tax refund, many people want to use DCA because they believe that it is good. In fact in the last few years the experts have begun to discourage ever using DCA unless there is no other way."}
{"_id": "464267", "title": "", "text": "&gt;The application will still function until December 15. After that date, users won\u2019t be able to sign in and all data will be deleted, automatically but only people and users with an aim.com email address can access it.  This sentence doesn't make any sense to me; am I crazy?"}
{"_id": "464269", "title": "", "text": "I don't think you need double-entry bookkeeping. To quote Robert Kiyosaki (roughly): Income is when money enters you pocket, and expenses are when money leaves your pocket.  Income is an addition; expenses are subtractions. But if you want double-entry accounting, I'm not qualified to answer that. :)"}
{"_id": "464271", "title": "", "text": "Thanks AMC for looking out for me and trying to keep me from being disappointed in the future! It looks like AMC's threat is to withdraw from the Moviepass program thinking that people will continue to patronize AMC and forego Moviepass.  I cant speak for anyone else but if that is the case then I would tell AMC to go fuck themselves and just use Moviepass at other theaters. This reeks of desperation by AMC at it's stinkiest."}
{"_id": "464272", "title": "", "text": "\"The other answers here do an excellent job of laying out the mathematics of the expected value. Here is a different take on the question of whether lottery tickets are a sensible investment. I used to have the snobbish attitude that many mathematically literate people have towards lotteries: that they are \"\"a tax on the mathematically illiterate\"\", and so on. As I've gotten older I've realized that though, yes, it is certainly true that humans are staggeringly bad at estimating risks, that people actually are surprisingly rational when they spend their money. What then is the rational basis for buying lottery tickets, beyond the standard explanation of \"\"it's cheap entertainment\"\"? Suppose you are a deeply poor person in America. Your substandard education prepared you for a job in manufacturing which no longer exists, you're working several minimum wage jobs just to keep food on the table, and you're one fall off a ladder from medical-expense-induced total financial disaster.  Now suppose you have things that you would like to spend truly enormous amounts of money on, like, say, sending your children to schools with ever-increasing tuitions, or a home in a safe neighbourhood.  Buying lottery tickets is a bad investment, sure. Name another legal investment strategy that has a million-dollar payout that is accessible to the poor in America. Even if you could invest 10% of your minimum-wage salary without missing the electricity bill, that's still not going to add up to a million bucks in your lifetime. Probably not even $100K.  When given a choice between no chance whatsoever at achieving your goals and a cheap chance that is literally a one-in-a-million chance at achieving your goals the rational choice is to take the bad investment option over no investment at all.\""}
{"_id": "464277", "title": "", "text": "\"Let me start by giving you a snippet of a report that will floor you. Beat the market? Investors lag the market by so much that many call the industry a scam.   This is the 2015 year end data from a report titled Quantitive Analysis of Investor Behavior by a firm, Dalbar. It boggles the mind that the disparity could be this bad. A mix of stocks and bonds over 30 years should average 8.5% or so. Take out fees, and even 7.5% would be the result I expect. The average investor return was less than half of this. Jack Bogle, founder of Vanguard, and considered the father of the index fund, was ridiculed. A pamphlet I got from Vanguard decades ago quoted fund managers as saying that \"\"indexing is a path to mediocrity.\"\" Fortunately, I was a numbers guy, read all I could that Jack wrote and got most of that 10.35%, less .05, down to .02% over the years. To answer the question: psychology. People are easily scammed as they want to believe they can beat the market. Or that they'll somehow find a fund that does it for them. I'm tempted to say ignorance or some other hint at lack of intelligence, but that would be unfair to the professionals, all of which were scammed by Madoff. Individual funds may not be scams, but investors are partly to blame, buy high, sell low, and you get the results above, I dare say, an investor claiming to use index funds might not fare much better than the 3.66% 30 year return above, if they follow that path, buying high, selling low. Edit - I am adding this line to be clear - My conclusion, if any, is that the huge disparity cannot be attributed to management, a 6.7% lag from the S&P return to what the average investor sees likely comes from bad trading. To the comments by Dave, we have a manager that consistently beats the market over any 2-3 year period. You have been with him 30 years and are clearly smiling about your relationship and investing decision. Yet, he still has flows in and out. People buy at the top when reading how good he is, and selling right after a 30% drop even when he actually beat by dropping just 22%. By getting in and out, he has a set of clients with a 30 year record of 6% returns, while you have just over 11%. This paragraph speaks to the behavior of the investor, not managed vs indexed.\""}
{"_id": "464280", "title": "", "text": "Your employers insurance premiums will definitely go up if there are a lot of claims when it is time for them to renew their policy. It is also possible that if this happens the employer will pass along some of the additional cost to employees. The insurance company will not try to have you removed, it doesn't work that way with group policies. They just jack up the price as mentioned previously.  If you take a new job your cancer will affect the future employer in the same way. As to whether you should keep it a secret, I don't think it is something you have to disclose unless it affects your ability to perform your job, even then it may be protected under the Americans with Disabilities Act. It is true that some employers could exhibit some bias because of this, especially a small company that is likely to have a small group that is more likely to see price hikes because of a single employee making expensive claims. Bottom line: I wouldn't lie about it to a future employer, but I wouldn't volunteer that information either unless it is material to your job performance."}
{"_id": "464294", "title": "", "text": "While they definetly forgot this, it doesn't mean that Europe is perfect. In Germany for example we have quite a large deficit on wage increase if you compare it to the rise in productivity in the last two decades.   I'm not saying everything is bad but we are far from perfect."}
{"_id": "464296", "title": "", "text": "Credit Score is rather misleading, each provider of credit uses their own system to decide if they wish to lend to you.   They will also not tell you how the combine all the factoring together. Closing unused account is good, as it reduced the risk of identity theft and you have less paperwork to deal with. It looks good if a company that knows you will agrees to give you more credit, as clearly they think you are a good risk. Having more total credit allowed on account is bad, as you may use it and not be able to pay all your bills. Using all your credit is bad, as it looks like you are not in control. Using a \u201cpay day lender\u201d is VERY bad, as only people that are out of control do so. Credit cards should be used for short term credit paying them off in full most months, but it is OK to take advantage of some interest free credit."}
{"_id": "464297", "title": "", "text": "If you have money and may need to access it at any time, you should put it in a savings account.  It won't return much interest, but it will return some and it is easily accessible.   If you have all your emergency savings that you need (at least six months of income), buy index-based mutual funds.  These should invest in a broad range of securities including both stocks and bonds (three dollars in stocks for every dollar in bonds) so as to be robust in the face of market shifts.   You should not buy individual stocks unless you have enough money to buy a lot of them in different industries.  Thirty different stocks is a minimum for a diversified portfolio, and you really should be looking at more like a hundred.  There's also considerable research effort required to verify that the stocks are good buys.  For most people, this is too much work.  For most people, broad-based index funds are better purchases.  You don't have as much upside, but you also are much less likely to find yourself holding worthless paper.   If you do buy stocks, look for ones where you know something about them.  For example, if you've been to a restaurant chain with a recent IPO that really wowed you with their food and service, consider investing.  But do your research, so that you don't get caught buying after everyone else has already overbid the price.  The time to buy is right before everyone else notices how great they are, not after.   Some people benefit from joining investment clubs with others with similar incomes and goals.  That way you can share some of the research duties.  Also, you can get other opinions before buying, which can restrain risky impulse buys.   Just to reiterate, I would recommend sticking to mutual funds and saving accounts for most investors.  Only make the move into individual stocks if you're willing to be serious about it.  There's considerable work involved.  And don't forget diversification.  You want to have stocks that benefit regardless of what the overall economy does.  Some stocks should benefit from lower oil prices while others benefit from higher prices.  You want to have both types so as not to be caught flat-footed when prices move.   There are much more experienced people trying to guess market directions.  If your strategy relies on outperforming them, it has a high chance of failure.  Index-based mutual funds allow you to share the diversification burden with others.  Since the market almost always goes up in the long term, a fund that mimics the market is much safer than any individual security can be.  Maintaining a three to one balance in stocks to bonds also helps as they tend to move in opposite directions.  I.e. stocks tend to be good when bonds are weak and vice versa."}
{"_id": "464337", "title": "", "text": "The expense ratio is stated as an annual figure but is often broken down to be taken out periodically of the fund's assets. In traditional mutual funds, there will be a percent of assets in cash that can be nibbled to cover the expenses of running the fund and most deposits into the fund are done in cash. In an exchange-traded fund, new shares are often created through creation/redemption units which are baskets of securities that make things a bit different. In the case of an ETF, the dividends may be reduced by the expense ratio as the trading price follows the index usually. Expense ratios can vary as in some cases there may be initial waivers on new funds for a time period to allow them to build an asset base. There is also something to be said for economies of scale that allow a fund to have its expense ratio go down over time as it builds a larger asset base. These would be noted in the prospectus and annual reports of the fund to some degree. SPDR Annual Report on page 312 for the Russell 3000 ETF notes its expense ratio over the past 5 years being the following: 0.20% 0.20% 0.22% 0.20% 0.21% Thus, there is an example of some fluctuation if you want a real world example."}
{"_id": "464341", "title": "", "text": "**Here's a sneak peek of /r/FinancialCareers using the [top posts](https://np.reddit.com/r/FinancialCareers/top/?sort=top&amp;t=year) of the year!**  \\#1: [Fuck this fuck target schools fuck you I'm starting my own investment bank](https://np.reddit.com/r/FinancialCareers/comments/4wscbs/fuck_this_fuck_target_schools_fuck_you_im/)   \\#2: [Firm is currently hiring two analysts (at least internship experience) and potentially an additional senior analyst/associate (2-4 yrs). If you fit the bill, feel free to PM.](https://np.reddit.com/r/FinancialCareers/comments/62tu9w/firm_is_currently_hiring_two_analysts_at_least/)   \\#3: [Interviewers: what's the best question you've ever received from an interviewee?](https://np.reddit.com/r/FinancialCareers/comments/571dpe/interviewers_whats_the_best_question_youve_ever/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "464355", "title": "", "text": "If you get a loan for 80% of the value of your house, that's equivalent to buying a house with a 20% down payment (assuming the appraised value is what you'd buy it for).  That's the minimum down payment for Fannie Mae backed loans without PMI (mortgage insurance).  See this table for more details. Freddie Mac (the other major mortgage backer) has a good fact sheet on cash out loans (which is what this is called) here.  It also specifies: Maximum LTV ratio of 80 percent for 1-unit primary residences  As noted in other answers, the 80% rule is to protect the bank (and ultimately, Fannie Mae and Freddie Mac, who will eventually buy most of these loans) so it is more likely to recoup the total value of the mortgage if they must foreclose on the house."}
{"_id": "464356", "title": "", "text": "Before starting with investing, you should make sure you are saving enough.  Living in a welfare country (France) does not exempt you from potentially needing to save large amounts of money. You state that you do not need much of an emergency day fund, but this is not true.  Being dismissed unjustly from your job is not the only way to become unemployed and not all roads lead to unemployment pay.  Being fired for cause or leaving your job voluntarily are two work related causes that will leave you without an income source.  Unexpected major expenses are another reason you might need to dip into your emergency fund. If your emergency fund is in order, the next thing to investigate is your pension and saving for retirement.  In a country with a strong pension system, you need to check how comfortable you are with its sustainability (Greece anyone?) and also whether it will adequately meet your needs.  If not, there are no 401ks or IRAs in France, but there is a relatively new personal supplementary pension plan (PERP) that you might investigate contributing to. If you're comfortable with your emergency fund and your retirement savings, then preparing for buying a house is likely your next savings goal.  A quick search shows that to get a mortgage to buy a house in France, banks will commonly require a downpayment of 20% plus various closing costs.  See for example here.  This is 40,000+ euro for a 200k euro house, which will take you several years at the rate of 500 euro / month.  France has special plans (Plan d\u2019Epargne Logement) with tax-exempt interest for saving up for a house that you might want to investigate. In your other question, you also ask about buying a cheap car.  As you get older and possibly start a family, having a car will likely become more of a necessity.  This is another goal you can save for rather than having to take a loan out when you buy one."}
{"_id": "464381", "title": "", "text": "\"In many cases the expenses are not pulled out on a specific day, so this wouldn't work. On the other hand some funds do charge an annual or quarterly fee if your investment in the fund is larger than the minimum but lower than a \"\"small balance\"\" value. Many funds will reduce or eliminate this fee if you signup for electronic forms or other electronic services. Some will also eliminate the fee if the total investment in all your funds is above a certain level. For retirement funds what you suggest could be made more complex because of annual limits. Though if you were below the limits you could decide to add the extra funds to cover those expenses as the end of the year approached.\""}
{"_id": "464385", "title": "", "text": "I was just thinking ahead, can I apply for Limited company now, while fully time employed, and not take any business until I get a contract. Yes. You can open as many companies you want(assuming you are sane). There is no legal provisions regarding who can open a company.   What happens if I create a company and it has no turnover at all? Does this complicate things later? After you open a company, you have to submit your yearly statements to Companies House, whether you have a billion pounds turnover or 0. If you claim VAT that has also to be paid after you register for VAT. VAT registration is another registration different from opening a limited company. Is it the same if I decided to take a 1,2 or x month holiday and the company again will not incur any turnover? Turnover is year end, so at the year end you have to submit your yearly results, whether you took a 12 month holiday or a week's holiday. Is it a OK to do this in foresight or should I wait weeks before actually deciding to search for contracts. No need to open a limited company now, if you are so paranoid. Opening a company in UK takes 5 minutes. So you can open a company after landing a contract."}
{"_id": "464405", "title": "", "text": "Here's a little different perspective. I'm not going to talk about the quality of the investment, the expected return, or any of the other things you normally talk about when evaluating investments. This is about family, and the most important thing here is the relationships.  What you need to do here is look at the different possible scenarios and figure out how each of these would make you feel. Only you can evaluate this. For example, here are some questions to ask yourself: I know how I would answer these questions, but that wouldn't help you any. But the advice I would give you is, assuming you have this money to lose, and are also investing elsewhere, evaluate this solely on the basis of the effect on your family relationships.  The only other piece of advice I would give you is to knock out that student loan and car loan debt as fast as you possibly can. Minimize your investments until that debt is gone, so you can get rid of it even faster."}
{"_id": "464408", "title": "", "text": "Yah, I think the weakness in the contract is that if the charge were disputed and it ended up in court, the hotel would be forced to show who placed the review and that it was from a particular wedding party.  It wouldn't have to be libel to be contractually binding behaviour.  For example you might sign a contract with a writer stating that they would be financially penalized if they wrote anything at all on Yelp (or any other site, fact or fiction).  This goes for other perfectly legal behaviours as well.  Actors have signed contracts that stipulate that they remain fat to keep their job, for example.  Its legal to lose weight, the actor is certainly 'free' do so, but they might also lose their job."}
{"_id": "464425", "title": "", "text": "I don't feel bad about this at all. I am actually surprised that the Sears near me has remained open as long as it has, and the K-Mart in a nearby city when I tried to pick up something from online purchasing was one of the oldest, creepiest looking stores I have been in in a while and was the biggest hassle of all time. I wrote them an email about my experience and surprise - they never got back to me."}
{"_id": "464445", "title": "", "text": "\"Educating everyone is a cultural investment, but not necessarily a good fiscal investment. (for the govt.)  200 years ago, being able to read and perform arithmetic pretty much guaranteed you an ok job, because it was a rare skillset.  The government decided that everyone being able to read and do basic maths would be a good thing, so they force us all to pay for it and they force us all to attend school. So, most of the country has a basic education. That's obviously a good thing, but it doesn't guarantee everyone in the country a good job. If 1000's of people have the same skillset and are all applying for the same job, it's impossible to differentiate job candidates. In the job market, a skill that everyone has is effectively valueless.   The same thing is happening with college. We have tons of college graduates that are all applying for the exact same jobs, and we (as a society) have produced more people to do that small group of jobs and haven't produced any people to do other jobs. Somewhat ironically immigrant workers do a lot of the work we should be doing ourselves, but we all went to college and all want to do the same \"\"good/high paying/etc\"\" jobs. And there's too many of us and not very much demand for the skills we can deliver.  So, giving secondary educations to even more people, wouldn't be a bad thing in and of itself. But it wouldn't help anyone find work.\""}
{"_id": "464449", "title": "", "text": "If you can make the trip to BC yourself, I'd recommend opening an account with TD Canada Trust.  They allow non-citizens to make accounts \u2014 apparently the only Canadian bank to do so.  The customer service is great and they have a good online banking site that will allow you to manage it from the US. If you have an account with TD Bank in the US, it's also very easy to set up a TD Canada account through them that will be linked on their online site (though you will still have separate logins for both and manage them separately).  I've done the reverse as a Canadian living in the US.  You can set it up over the phone; their Cross-Border Banking number is listed here.  They also offer better currency conversion rates than their standard ones when you do a cross-border transfer. You could also look into HSBC as well.  They operate in Washington as well as across the border in BC.  If you can't open a CAD account locally, they can help you open and manage one in Canada from the US.  It may or may not require having a small business account instead of a personal account."}
{"_id": "464452", "title": "", "text": "interesting and good points BUT,   1- the S&amp;P e-mini has plenty of liquidity for me and all of us here at reddit. idont think that we could move/influence its price with our trades.   2- i dont have the historical of bid-ask or tick by tick, it is backtested on 1min chart, entering the trade at a close of a 1min bar and subtracting a commission/slippage of a tick or two per trade. your thoughts ?"}
{"_id": "464470", "title": "", "text": "From what I\u2019ve seen across a multitude of firms, the gaps start at recruiting (outsourced to a person with a BA from an unknown foreign school and no experience for $5000/yr) and propagate throughout an organization because accurate metrics for measuring IT talent are few and far between.   They don\u2019t realize their ship is sinking until 90% of their costs are maintaining inflexible legacy applications that aren\u2019t even remotely functioning in alignment with their digital strategy anymore, and then they hire Wipro or Infosys or whomever else to come fix it.. and then, when it becomes an unfixable clusterfuck of nonsense, they pay someone else for managed services until, like, I don\u2019t know, the business goes under or the building explodes when the IBM 7070 mainframe they\u2019re still using catches fire. It\u2019s truly a fascinating cycle."}
{"_id": "464473", "title": "", "text": "Inequality is good for everyone. It's extreme inequality and extreme equality that snuff mobility and growth. The sides are strong because they're the height of financial/democratic power. So to support either side means taking from the weaker center. And it's the center that holds the house together."}
{"_id": "464477", "title": "", "text": "There are definitely ways to retroactively consolidate medical bills -- there's an entire industry of companies offering debt consolidation (many of which are scummy/predatory, be careful! See https://www.consumer.ftc.gov/articles/0150-coping-debt and some decent articles at http://blog.readyforzero.com/are-there-legitimate-debt-consolidation-loans and http://blog.readyforzero.com/how-to-find-a-reputable-debt-consolidation-company). In general, what you are looking to do is take out a loan, possibly at a better interest rate than whatever you are being charged currently, and pay off the medical bills. If you are not paying interest on the medical bills and are just being allowed to spread out the payments, you are already golden and should just put up with the ups and downs. If you have any equity in a home, take out a home equity loan or line of credit, pay off your medical bills. Rates are still great right now. Even if you have no home equity to tap, if you have a steady job you might be able to get a nice small loan from a local bank or peer-to-peer lending site. Do your homework and only work with reputable companies, especially if doing things online."}
{"_id": "464500", "title": "", "text": "In your situation you will be using your normal savings to offset additional funding from student loans or similar financing. Also, sending your children to or moving to a jurisdiction that has lower education costs but ample opportunity should also be in your cards. That can be another state, or another country."}
{"_id": "464502", "title": "", "text": "So far we have a case for yes and no.  I believe the correct answer is... maybe. You mention that most of your expenses are in dollars which is definitely correct, but there is an important complication that I will try to simplify greatly here.  Many of the goods you buy are priced on the international market (a good example is oil) or are made from combinations of these goods.  When the dollar is strong the price of oil is low but when the dollar is weak the price of oil is high. However, when you buy stuff like services (think a back massage) then you pay the person in dollars and the person you are paying just wants dollars so the strength of the dollar doesn't really matter. Most people's expenses are a mix of things that are priced internationally and locally with a bias toward local expenses.  If they also have a mix of investments some of which are international and depend on the strength of the dollar and some are domestic and do not, then they don't have to worry much about the strength/weakness of the dollar later when they sell their investments and buy what they want.  If the dollar is weak than the international goods will be more expensive, but at the same time international part of their portfolio will be worth more. If you plan on retiring in a different country or have 100% of your investments in emerging market stocks than it is worth thinking about either currency hedging or changing your investment mix.  However, for many people a good mix of domestic and international investments covers much of the risk that their currency will weaken while offering the benefits of diversification.  The best part is you don't need to guess if the dollar will get stronger or weaker. tl;dr: If you want your portfolio to not depend on currency moves then hedge.  If you want your retirement to not depend on currency moves then have a good mix of local and unhedged international investments."}
{"_id": "464528", "title": "", "text": "\"There was a \"\"Joint Select Committee on Deficit Reduction\"\" that sadly, was dissolved in 2012 when they determined that there work was done. With Trump postulating that a default might be a good idea, it seems like it's needed now more than ever.\""}
{"_id": "464533", "title": "", "text": "Expectations and entitlement have changed.  Back in the eighties we called this shit jobs for shit pay forcing to roommate in a single bed loft.  Bunk beds, the horror, the horror ...  You were never meant to be on minimum wage forever doing unskilled labor while raising a family.  Not sure why this is difficult."}
{"_id": "464537", "title": "", "text": "\"Short answer: No. Being connected is very helpful and there is no consequence by securities regulators against the investor by figuring out how to acquire pre-IPO stock. Long answer: Yes, you generally have to be an \"\"Accredited Investor\"\" which basically means you EARN over $200,000/yr yourself (or $300,000 joint) and have been doing so for several years and expect to continue doing so  OR have at least 1 million dollars of net worth ( this is joint worth with you and spouse). The Securities Exchange Commission and FINRA have put a lot of effort into keeping most classes of people away from a long list of investments.\""}
{"_id": "464540", "title": "", "text": "You may feel like your not learning anything but the amount of doors that remain closed to you without a degree is very large. You can go directly into the work force but your potential to grow in salary will be a lot less than with a degree in addition to starting at a lower wage. This also depends a bit on the field you go into.   I would recommend either staying in school or going to a trade school. Shorter amount of time, less money, and you'll be working quicker with room for growth.   If you want to stay in school take it upon yourself to learn more. Study up applicable things. Joint career focused organization. Your additional skills will show on your resume and soon after joining the workforce."}
{"_id": "464558", "title": "", "text": "Well, the largest, in terms of both volume and unfortunately, contact size is the options on the S&P futures index. It's based on one contract which is $250 times the current S&P index, or just over $300K current value. This does not make for too cheap an option cost, but it's definitely the largest as you requested.  For the average Joe, or Ray, in this case, the most popular ETFs are SPY and DIA for the S&P and Dow Jones, respectively. These are reasonably sized so their options are within range of your goal. See the SPY options at Yahoo. Then flip over to the DIA options.  (SPY reflects 1/10 the S&P so an option contract, on 100 SPY shares is effectively on 10 times the S&P index or 1/25 the futures option pricing.)"}
{"_id": "464560", "title": "", "text": "&gt;Subsiding green and taxing pollutants seems to be the only way to mitigate climate change.  Actually, Elon Musk has shown there are alternatives.  &gt;Businesses are required by law to maximize profit  Actually, no they aren't. This myth survives for many reasons too numerous to explain, so here is a [link.](https://blogs.law.harvard.edu/corpgov/2012/06/26/the-shareholder-value-myth/)  &gt;which means polluting if it makes you more money.  Not really how it works, as most pollution came from a lack of regulation, not purposeful intent. Avoiding costly regulation and/or cleanup after is both unethical and immoral, but perfectly legal.  &gt;Or I guess the fundamental nature of businesses could change.  Good luck with that."}
{"_id": "464580", "title": "", "text": "The market can only bear so many high-priced mini-mansions. It's like a car dealership trying to sell Lexus and BMWs in a neighborhood where everybody can only afford a base model Honda.  There is plenty of housing, but not enough housing that is affordable."}
{"_id": "464581", "title": "", "text": "If I recall correctly off of their quarterly reporting, their major expense was Admin/Overhead.  I think it comprised of half of their expenses.  My disclaimer is that I just took a quick look at their financial report and might be remembering incorrectly."}
{"_id": "464593", "title": "", "text": "\"The pure numbers answer says you want the refund to be close to $0.  You can even argue, as some answers have, that you want to try to maximize the payment without receiving any sanctions for underpaying during the year. If you trace the money, it's easy to see why.  Let's say you get a paycheck.  Tag some of the dollars for Uncle Sam.  These are the dollars that, eventually, will be given to the IRS.  Now consider the following scenarios: From the raw numbers like this, its clear that you lose utility by setting yourself up for a large refund check.  The money was yours the entire time, but you chose to give it to Uncle Sam instead. However, the raw numbers are only part of the puzzle.  If you're a cold steely-gazed numbers person, they're the part that matters.  When the billionares are playing their tax evasion games, this is the only thing they are paying attention to.  However, real humans have a few psychological reasons they may choose to lose utility in terms of raw dollars in exchange for psychological assistance: These attitudes exist, and may be ideal for any one person.  Obviously the financially savvy answer of \"\"minimize your refund\"\" is the ideal answer from a dollars and cents perspective, but its up to you to see whether that attitude is right when you account for all of the non-measurable things, like stress.  In general, I would lead anyone to \"\"minimize your refund,\"\" but I would be remiss if I didn't include the very real psychological reasons people choose to deviate from it.\""}
{"_id": "464595", "title": "", "text": "I'm 100% ok with that.  I'm 100% not ok with giving Walmart my tax dollars, if we are going to hand out tax dollars to someone, I'd rather give it to people who are out of work instead of being middleman'd and giving it to walmart who then gives a tiny piece of it to their workers.  Walmart can exist on it's own merits or not exist at all.  This is how the free market works."}
{"_id": "464619", "title": "", "text": "\"I started a business a few years ago.  At one point it wasn't going so well and my father \"\"loaned\"\" me an amount not too dissimilar to what you've done. From a personal perspective, the moment I took that loan there was a strain the relationship.  Especially when I was sometimes late on the interest payments...  Unfortunately thoughts like \"\"he doesn't need this right now, but if I don't pay the car loan then that is taken away\"\" came up a few times and paying the interest fell to the bottom of the monthly bill payment stack. At some point my wife and I finally took a hard look at my finances and goals.  We got rid of things that simply weren't necessary (car payment, cable tv, etc) and focused on the things we needed to.  Doing the same with the business helped out as well, as it helped focus me to to turn things around.  Things are now going great. That said, two of my siblings ran into their own financial trouble that our parents helped them on.  When this happened my father called us together and basically forgave everyone's debt by an equal amount which covered everything plus wrote a check to the one that was doing fine.  This \"\"cleared the air\"\" with regards to future inheritance, questions about how much one sibling was being helped vs another, etc.  Honestly, it made family gatherings more enjoyable as all that underlying tension was now gone. I've since helped one of my children.  Although I went about it an entirely different way.   Rather than loan them money, I gave it to them.  We also had a few discussions on how I think they ought to manage their finances and a set of goals to work towards which we co-developed.  Bearing in mind that they are an individual and sometimes you can lead a horse...  Given the current state of things I consider it money well \"\"spent\"\".\""}
{"_id": "464625", "title": "", "text": "I'm not alarmed. I definitely have some sociopathic traits, but I doubt I'm really a sociopath, or if I am, I'm very bad at being one. I do not know how to con or manipulate people. In fact, I used to be quite vulnerable to being manipulated myself. I think I can be an ok liar, but since I don't lie often, I don't really know. In childhood I was known for being well-behaved, and I did very well academically. I have, in the past, felt bad about doing some immoral things, but I would never acknowledge remorse out of pride. (It's embarrassing to be remorseful and give in to society.) When I thought about it, it didn't make sense to feel bad about violating society's rules because I don't like society, except for the food and material goods. Beyond that, society is restrictive and weird."}
{"_id": "464633", "title": "", "text": "Because idiots like you voted for Hillary, and Trump is much much better than Hillary. **Actually, Hillary and the Democrats (like you!) are so envious at how well Trump is doing.**  Anyway, to the point, Trump is reducing the debt like no other president, including Obama. Yes or no?"}
{"_id": "464650", "title": "", "text": "The closest thing to purchasing prospects we did was buy an email list that contained the names of several thousand people who fit our profile. Personally, I am not in favor of doing that. The companies you are buying from really don't understand what you want and you end up getting a hodge podge of information that never really gets you anywhere. Outside of that I am sure there are other services that provide prospecting, but the best lists are always developed internally.    Good luck!"}
{"_id": "464657", "title": "", "text": "In software sales. 90% of the time the purchaser bids out the sale to 4-8 vendors who then have to compete to win the business. One team eats, the rest go hungry. On large enterprise sales, the process can last over a year. It really hurts when you lose those."}
{"_id": "464661", "title": "", "text": "\"I agree.  Job offered benefits were implemented to entice people to work for their company when the demand for good workers was higher than the supply.   Now people expect benefits and the govt has also took it upon itself to mandate employers provide medical benefits.  One way around this is to higher part time workers to keep costs down.  So basically the governments \"\"good intentions\"\" of helping the masses will actually cause more harm directly to the people it was supposed to help.\""}
{"_id": "464668", "title": "", "text": "\"The mutual fund is legally its own company that you're investing in, with its own expenses. Mutual fund expense ratios are a calculated value, not a promise that you'll pay a certain percentage on a particular day. That is to say, at the end of their fiscal year, a fund will total up how much it spent on administration and divide it by the total assets under management to calculate what the expense ratio is for that year, and publish it in the annual report. But you can't just \"\"pay the fee\"\" for any given year. In a \"\"regular\"\" account, you certainly could look at what expenses were paid for each fund by multiplying the expense ratio by your investment, and use it in some way to figure out how much additional you want to contribute to \"\"make it whole\"\" again. But it makes about as much sense as trying to pay the commission for buying a single stock out of one checking account while paying for the share price out of another. It may help you in some sort of mental accounting of expenses, but since it's all your money, and the expenses are all part of what you're paying to be able to invest, it's not really doing much good since money is fungible. In a retirement account with contribution limits, it still doesn't really make sense, since any contribution from outside funds to try to pay for expense ratios would be counted as contributions like any other. Again, I guess it could somehow help you account for how much money you wanted to contribute in a year, but I'm not really sure it would help you much. Some funds or brokerages do have non-expense-ratio-based fees, and in some cases you can pay for those from outside the account. And there are a couple cases where for a retirement account this lets you keep your contributions invested while paying for fees from outside funds. This may be the kind of thing that your coworker was referring to, though it's hard to tell exactly from your description. Usually it's best just to have investments with as low fees as possible regardless, since they're one of the biggest drags on returns, and I'd be very wary of any brokerage-based fees when there are very cheap and free mutual fund brokerages out there.\""}
{"_id": "464677", "title": "", "text": "The World Recovery Centers is the area where drug addiction treatment centers will be most different from each other. After completing  your initial Recuperation from addictions subsequent stage is typically a more extended inpatient treatment program, otherwise called a private treatment. Our experienced doctors and profession staff focuses they place on various aspects of addiction. If your addiction is spiraling out of control and you feel that you can\u2019t manage your life."}
{"_id": "464715", "title": "", "text": "How could the tiny amount of cobalt used in the development of a potential new type of solar cell, that isn't commercially available, be responsible for deaths attributed to existing solar installations?  Why do you think solar panels need lithium batteries to hold the charge?"}
{"_id": "464722", "title": "", "text": "Unsure on your message. I like advertising if it gives me free websites - couldn't imagine a world where I have to pay to use Google and any website I may potentially be interested in looking at.  If the alternative is to pay a subscription or not have the website, I'm simply not keen. I'll subscribe to some but I'm unable to subscribe to all. Internet is an education to me - if today I decide I'd wish to start a cinema and spend 6 hours researching how, it would be unrealistic to subscribe to each website I visited.  Ultimately though I don't quite understand your response, but appreciate it nonetheless."}
{"_id": "464723", "title": "", "text": "\"Specifically, if you are looking for a \"\"reasonable\"\" rate for a savings (especially in TFSA) account then Ally has a 2% guaranteed account and ING has a 3% one (but it is subject to change). Update (Dec 9, 2013) - unsurprisingly, the ING special has disappeared .. I blame ScotiaBank. The current best rates are 1.35 and 1.40%. For Ally, we can blame RBC - current rates are 1.1\""}
{"_id": "464753", "title": "", "text": "\"As others have said, doing a monthly budget is a great idea.  I tried the tracking expenses method for years and it got me nowhere, I think for these reasons: If budgeting isn't your cup of tea, try the \"\"pay yourself first\"\" method.  Here, as soon as you get a paycheck take some substantial portion immediately and use it to pay down debt, or put it in savings (if you have no debt).   Doing this will force you to spend less money on impulse items, and force you to really watch your spending.  If you take this option, be absolutely sure you don't have any open credit accounts, or you'll just use them to make up the difference when you find yourself broke in the middle of the month. The overall key here is to get yourself into a long term mind set.  Always ask yourself things like \"\"Am I going to care that I didn't have this in 10 years? 5 years? 2 months? 2 days even?  And ask yourself things like \"\"Would I perfer this now, or this later plus being 100% debt free, and not having to worry if I have a steady paycheck\"\".   I think what finally kicked my butt and made me realize I needed a long term mind set was reading The Millionaire Next Door by Tom Stanley.  It made me realize that the rich get rich by constantly thinking in the long term, and therefore being more frugal, not by \"\"leveraging\"\" debt on real estate or something like 90% of the other books out there tell you.\""}
{"_id": "464756", "title": "", "text": "\"&gt; I try not too pay too much attention to religious zealots selling theft as something to be proud of.  I'm consolidating all your \"\"taxation is theft\"\" claims [to here](https://www.reddit.com/r/economy/comments/6y4oum/a_new_study_shows_how_little_tax_the_superrich_pay/dmm5rcz/) in the hopes you might actually give me an answer this time.\""}
{"_id": "464769", "title": "", "text": "No. The above calculation does not hold good. When financial statements are prepared they are prepared on a going concern basis, i.e. a business will run normally in the foreseeable future. Valuation of assets and liabilities is done according to this principle. When a bankruptcy takes places or a business closes down, immediately the valuation method will change. For assets, the realizable value will be more relevant. For example, if you hold 100 computers, in an normal situation, they will depreciated at the normal rate. Every year, some portion of the cost is written off as depreciation. When you actually go to sell these computers you are likely to realize much less than what is shown in the statement. Similarly, for a building, the actual realizable value may be more. For liabilities, they tend to increase in such situation. Hence just a plain computation can give you a very broad idea but the actual figure may be different."}
{"_id": "464777", "title": "", "text": "\"&gt;Nazis weren't socialist   The National Socialist Party - that's what Nazis is the shortened form of in German.  &gt;Just because they had socialist in their name doesn't mean they were socialist.  So then the \"\"Democrats\"\" doesn't mean they're democratic, and we'll vote the same type of people in again then?  I mean, if we can't trust what the party name is, we might end up voting them in again under a different name.\""}
{"_id": "464810", "title": "", "text": "In general, liquidity is a good thing, because it means it is easy for you to buy or sell a stock.   Since high liquidity stocks have a lot of trading, the bid-ask spreads tend to be pretty low.  That means you can go into the market and trade easily and cheaply at just about any time.  For low liquidity stocks, the bid-ask spreads can get pretty high, so it can make it hard or expensive to get into or out of your trades. On the flip side, everyone pays attention to high liquidity stocks, so it's harder to get an edge in your trading.  For a company like Microsoft there are 30-50 full time analysts that cover them, thousands of professional traders and millions of investors in general all reading the same new articles and looking through the same financials as you.  But in low liquidity stocks, there probably aren't any analysts, a few professional traders and maybe a few thousand total investors, so it can be easier to find a good buy (or sell). In general, high liquidity doesn't mean that everyone is selling or everyone is buy, it just means everyone is trading."}
{"_id": "464818", "title": "", "text": "We can take is managing the garbage that we generate from our homes, offices, factories, manufacturing units, etc. and for this, we can hire a waste collection Sydney company but the problem is that hiring an appropriate company or service provider is not easy at all."}
{"_id": "464821", "title": "", "text": "\"I was on a form of a retainer for a little over a year.  My situation kind of sucked but there's ways in which it would be favourable. I was pretty green at the time and just agreed to what they wanted. I worked for them as an employee for over a year, but they didn't pay overtime so I asked to work part time for them instead. They bait and switched me to work contractor. I renegotiated pay to be higher to fit that. I was paid minimum 22.5 hours a week, on a monthly schedule, plus any extra hours I worked.  In reality a retainer would pay in advance and you wouldn't have to actually be present for the minimum hours like I was. Still was better than being an employee.  I worked as an \"\"application developer\"\". But this isn't an unheard of thing in the tech sector; former employees that built your systems to be contracted at a later date to provide their expertise at a higher rate because they are the most familiar with the system and/or have a track record of being very good at satisfying the business' specifications or needs.\""}
{"_id": "464824", "title": "", "text": "In 2008, the S&P was down 37%.  I love charts that show sector performance by year, as it helps show that 2008 wasn't like the crash of 2000-01 which was more tech-centric. Funds that were more geared towards bonds would have been up as the 10 year Treasury was up 20%.  I understand you have a low risk tolerance. Over the long term, this will cost you. The CAGR for the S&P from 1928-2011 was 9.23%, for treasuries, 5.14%. This difference adds up dramatically over time. These rates double your stock investments every 8 years on average vs nearly 14 years for bonds.  See the MoneyChimp site to tinker with start/finish years to understand long term returns."}
{"_id": "464834", "title": "", "text": "&gt;I get the idea behind it but certainly you would agree that it can be seen as a selfish mindset.  Yes, but capitalism is selfish and wage-labor is exploitation in the first place.  If you want people caring for the group goals, getting absorbed, and giving their all to the team, you don't hire wage/salary workers, you inspire a band of brothers."}
{"_id": "464843", "title": "", "text": "At 1.4 Million, you can definately afford a professional advisor who would give you the best advice taking into account all your goals and risk appetite."}
{"_id": "464871", "title": "", "text": "Is that even legal to pull out of a deal like that? I'd assume they'd have made an agreement (between the underwriter and the buyer) during the roadshow.   This event I would think has large negative impacts on the firm. It delays their IPO, (provided that they try again) and it makes investors wary of reinvesting in their second IPO (oxymoron.. haha).  Furthermore, if the biotech firm decides to openly publish the details of this deal (which i assume they'd have to if they want to have a chance at having a successful IPO) someone is going to be labeled as having dealt in bad faith.  I understand that underwriters mostly operate on a best-efforts basis, but I don't think they can come out of this deal without facing some consequences."}
{"_id": "464872", "title": "", "text": "Been through many accounts but for the past year or so I\u2019ve been wondering where I can find a website similar to what Reddit once was? These days Twitter, Reddit, and the news all report the same things at the same times"}
{"_id": "464889", "title": "", "text": "Yes. Slavery. Perfect analogy. You're going to be fettered with chains, your children will be taken from you, and your wife repeatedly raped. When you misbehave, or when someone just feels like it, they will beat the shit out of you. If you try to leave the job, they will shoot you in the back of the head."}
{"_id": "464907", "title": "", "text": "I don't get it either... you need to embrace the change and know that companies are basically amoral entities that will do whatever suits their shareholders currently. the impending automation boom will likely cause unemployment to reach peaks we can't conceive of. Basic income might be a way to counter it but I do worry about the type of unrest that being poor without options will cause if we don't have an answer when those jobs go away."}
{"_id": "464938", "title": "", "text": "Well, if no one on reddit understands business, asking a question would be kind of futile. It would be guaranteed to be answered by someone that doesn't know business, which isn't exactly practical. (Not saying I agree with /u/illustrationism.)  On a more serious note, I think the biggest problem with asking questions on reddit is not that there's no one that can give a good answer, but that as someone who actually *needs* to ask questions (and therefore not an expert already), it's difficult to separate the wheat from the chaff when people respond. Good moderation or a userbase that is mostly experts can make it much easier."}
{"_id": "464957", "title": "", "text": "&gt; Indeed, the most popular of the funds, the Barclays iPath fund, known broadly by its ticker symbol VXX, has since its inception averaged a yearly return of negative 58 percent, according to FactSet.  &gt; Or look at it this way: If an investor bought VXX when it came to market in 2009 and held onto it until now, that investor would have lost 99 percent of his investment.  perfect for /r/wallstreetbets !"}
{"_id": "465017", "title": "", "text": "&gt; itizens we all have the right to shop in public shops and eat in public restaurants.  This is your imagination speaking.  You have no such right by any defintion of the word nor can you cite any philosophical foundation for such a right.  If we have this right, then I have the right to attend your dinner parties without an invitation for exactly the same foundational reasons.  &gt; As a business owner I would happily choose a world in which I   And you should absolutely have that freedom, but not at the cost of denying others THEIR freedoms which is what you want.  You - like so many Saviors Of Mankind - have decided that you are so right, you get to use force to jam it down our collective throats.  &gt; that ensures the poor remain poor and the rich remain rich.   I actually did grow up poor and have far more insight into this than you and your fellow Saviors.  Ongoing (inter-generational) poverty in the West is a matter of bad behavior, not oppression.  Go live with your beloved poor for a year and discover the lousy personal choices, the reproductive irresponsibility, the substance abuse, and the laziness that keeps them where they are.  Bluntly, anyone that stays poor -absent the profoundly handcapped - deserves it.  &gt; I would argue that the centers of poverty you listed are much more a symptom of the systematic undercutting  Of course you would ... any actual assesment of Reality would eviscerate such an argument.  The essence of your worldview is to first deny Reality because it is only without reference to Reality that your ideas could possibly have any currency.  &gt; I was a true believer. I did grow up.  You sold out and abdicated because you do not have the moral courage to speak the truth:  The rich are rich for a reason and the poor are poor for a reason.  That reason has nothing (or little) to do with circumstances, oppression, racism, The Man, or any of the other Fairy Tales you've concocted to justify your foolishness.   You've just capitulated to your guilt as a successful person.  Deep down inside you don't think you've earned it so you want to sacrifice all the rest of us on the altar of your limp wristed weakness.   No thanks ..."}
{"_id": "465020", "title": "", "text": "&gt;Without this, no one could ever be entirely confident the other party was money-good.  This is because of the fractional reserve system, right?  It's because banks are not required to hold deposits.  Is fractional reserve banking any more sustainable than a general ponzi scheme?  Is there any way this is sustainable?  Were people duped with fraction reserve banking and central banking?  Not attacking you.  Just wondering."}
{"_id": "465029", "title": "", "text": "I predict this will go over about as successfully as any strike by workers whose skill set involves sliding packages over an automated scanner. I know these are supply chain, but it's the same difference. Wal-Mart doesn't employ one person who isn't easily replaceable. Maybe, instead of bitching that you are paid shit wages, you should ask why you ever expected to earn more after failing to acquire any skill a teenager couldn't master in a week. If you actually had a skill worth more, you'd be able to find someone who'd pay you for it. This isn't the wage Wal-Mart assigned you. You can't find anyone else who would pay you more, or you would have left. That's a reflection of what you have to offer the world."}
{"_id": "465041", "title": "", "text": "\"Is there any particular area of business that you have interest?    What free resources do you currently use (general web browsing)?  Here are some magazines out there that I find interesting:  * **Fast Company** - $12.99 / Year / 10 Issues - Magazine focused on tech, innovation, leadership and design.  I don't subscribe, but I regularly purchase Fast Company, Entrepreneur,and Inc. when I am traveling.  They make for a perfect airplane read and I typically find great takeaways or clip articles from it.  * **Entrepreneur** - $11.97 / Year / 12 Issues - Obviously by the title this is catered to the entrepreneurial mindset.  It provides informational and inspirational stories from entrepreneurs and for entrepreneurs.  I enjoy reading this and probably read 3 or 4 issues per year.  I'm not a regular reader, but at times I have felt like content may run lean at times.    * **Inc** - $12.99 / Year / 10 Issues - Inc. feels like a blend of Fast Company and Entrepreneur.  The articles are aimed at the business owner for starting and running operations.  * **Businessweek** - $5 / Year / 12 Issues - I regularly read Businessweek, but primarily on their website.  I have picked up issues occasionally which are great, but their web provides a fair amount of access.  They seem to have a nice blend of news and unique stories about specific companies, products, and investment.  Recently they had interesting articles with fair depth on the CEO of Burger King, and the history of Sriracha.  * **Forbes** - $24.99 / Year / 26 Issues - I love the volume of content that Forbes provides and they seem to have a nice mix on a variety of subjects.  I use Forbes as my frontpage of the internet for business in conjunction with several others.  I actually feel like Forbes and Businessweek provide a perfect blend of business news with shocking little redundancy.  * **Harvard Business Review** - Wasn't able to quickly see a price.  I reference HBR a fair amount in regards to business discussions and think they provide excellent research material and information.  The writing style and layout isn't quite as captivating as some of the other magazines such as Fast Company, but the quality is excellent,  * **WSJ** - Obviously putting out a high volume of content, but you definitely pay for it.  I know a fair number of people who read it, but I actually have never known anyone to subscribe to it if that makes sense.  All the readers I know either receive a subscription through their work or university.  I think that shows the content is valuable and quality, but it might not justify the cost you have to pay for it as an individual reader.  I use a variety of websites to get business news, general education, and help me overall to understand the business world.  Specifically from the ones listed above I check Businessweek and Forbes daily for morning or lunch reading.  Forbes in particular does a solid job due to all of their external content contributors.  Seems like an interesting way to provide content if you can curate it correctly.    If you're more interested in the finance/investment world then I think Yahoo Finance and CNN Money are great.  Focusing specifically on investments then I really enjoy the content I get from Motley Fool and Seeking Alpha.  Some articles get pretty deep in regards to finance and investing, but overall I think they give great insight.  I read BusinessInsider, but I'll be honest I feel dirty.  Sometimes I find an interesting piece that leads me elsewhere to research more.  The content is primarily distributed in a \"\"Buzzfeed\"\" style format which has some questionable headlines and less professional content (\"\"7 Crazy Facts That Sound Fake But Are Actually True\"\").  In Summary, I think you could learn a good amount on a variety of topics while staying plugged into news and developments in the business world for free.  I'm sure a few other people will chime in with other great sources that I didn't capture and some that I didn't even know existed.  I would start by reading a few of these sites I listed regularly and continue posting in this sub to help us keep the conversation going!\""}
{"_id": "465059", "title": "", "text": "The 1.140924% is calculated by taking 13.69%/12 = 1.140924%. Dividing this number by 100 gives you the answer 1.140924 / 100 = .01140924. When dealing with decimals it's important to remember the relationship between a decimal and a percent. 1% = .01 To return .01 to a percent you must multiple that number by 100.  So .01 x 100 = 1% In order to get a decimal from a percent, which is what is used in calculations, you must divide by 100. So, here if we are trying to calculate how much interest you are paying each month we can do this: 9800 * .1369 = $1341.62 (interest you will pay that year IF the principal balance never changed) 1341.62 / 12 = ~111.81 Now, month two 9578.34 * .1369 = 1311.274746 1311.274746 / 12 = 109.28 In order to get your monthly payments (which won't change) for the life of the loan, you can use this formula: Monthly payment = r(PV) / (1-(1+r)^-n) Where:  r= Interest Rate (remember if calculating monthly to do .1369/12) PV= Present Value of loan n=time of loan ( in your case 36 since we are talking monthly and 12*3 = 36) from here we get: [(.1369/12)*9800]/(1-(1+.1369/12)^-36) = $333.467 when rounding is $333.47 As far as actual applied interest rate, I'm not even sure what that number is, but I would like to know once you figure out, since the interest rate you're being charged is most definitely 13.69%."}
{"_id": "465075", "title": "", "text": "A lot of these schemes fail to take into account the time/effort you have to spend in order to extract the small amount of profit you would get.  If there were easy money to be made, people would start making it and the company that was allowing themselves to be swindled would put an end to that deal.  So these things usually don't last. You used to be able to order dollar coins from the mint via credit card, with no shipping.  This was risk free and allowed you to earn credit card points.  But the mint has effectively plugged this hole."}
{"_id": "465084", "title": "", "text": "A subsidy is a payment made by a group (usually the state) to individuals or corporations in order to shift the balance if the rational economic decision for the individual would be detrimental to the group as a whole otherwise. For example, if there are different quality kinds of crops that can be planted, for example a GM maize that brings in high yields but can only be processed to High Fructose Corn Syrup or a naturally bred corn that brings lower yields but tastes well enough for direct consumption, then if demand for both exceeds supply, the economic choice for the individual farmer is to plant the former. If the claims that HFCS contribute to obesity are founded, then it is in the public interest to produce less of it, and more alternative foods. Given that a market rather than a planned economy is desired, this cannot be achieved by decree, but rather money is used as an incentive. In the long term, this investment may very well pay off through reduced health care costs, so it is a rational economic decision from the state's point of view. In a world where all actors make decisions that are fully in their self interest, in principle subsidies would not be needed as consumers would demand healthy rather than cheap foods, and market mechanisms would provide these."}
{"_id": "465090", "title": "", "text": "it Just blasts a hole through your network firewall and you can't separate anything into separate networks easily, so while amazon and Google may keep on top of vulnerabilities, third party devices may not, and they can spread malware to every device on your network. one of the biggest dns attacks happened recently and was revealed to be a native bot net of connected printers, security camera dvrs, and other connected devices. the other problem is physical security."}
{"_id": "465106", "title": "", "text": "Yes, you still need to pay income tax on your capital gain regardless of whether you converted your USD proceeds back into CAD. When you calculate your gains for tax purposes, you'll need to convert all of your gains to Canadian dollars. Generally speaking, CRA will expect you to use a historical USD to CAD exchange rate published by the Bank of Canada. At that page, notice the remark at right: Are the Exchange Rates Shown Here Accepted by Canada Revenue Agency? Yes. The Agency accepts Bank of Canada exchange rates as the basis for   calculations involving income and expenses that are denominated in   foreign currencies."}
{"_id": "465112", "title": "", "text": "That depends on the sort of trouble you are facing with regard to the model. If it is a vanilla problem around model flows or treatment of certain everyday line items, I find that [ASimpleModel](https://www.asimplemodel.com) helps quite well.  If it is vertical specific (tech in this case), I recommend that you post your question on the appropriate forum on WSO and a tech banker/investor might provide some insight."}
{"_id": "465135", "title": "", "text": "\"After more searching for how the US might treat such an attempt to \"\"rollover\"\" the funds, I found this:   https://www.irs.gov/pub/irs-utl/am2008009.pdf So, it seems it is impossible to do without US tax consequences.\""}
{"_id": "465139", "title": "", "text": "\"I'm not sure how you comment conflicts with what I said...  Me. &gt;I just wanted to point out that guaranteed income is a tool but not a solution to this entire problem.  You. &gt;I'm just saying, be careful what you wish for. And no, \"\"universal income\"\" would not be a solution to the problem, it would be a continuation of the problem that would create as many problems as it would solve.\""}
{"_id": "465150", "title": "", "text": "Is the car worth $5K? If the car is not worth $5K, sell the car for scrap or parts or whatever and add that tiny amount to your purchase for a new car. If the car is worth more than the cost of repair ($5K), I'd fix it up."}
{"_id": "465172", "title": "", "text": "\"I spend hours researching two comparable products to try to save $3. Me too! I have also argued for hours with customer support to get $5/month off a bill (that's $60/year!), and I feel guilty every time I eat out or do something remotely luxurious, like getting fries with my $1 McChicken. Geez, even when I play video games, I hate spending the in-game currency. For me, it's obsessive-compulsive traits that cause it, but please note that I'm not claiming @Eddie has them. Just speaking for myself here, but I hope it helps. I still struggle with my miserliness, but I can share what works for me and what doesn't. I don't think I'm valuing my time nearly as much as I should. Me neither, but knowing that doesn't help; it makes it worse. For me, putting a dollar amount on how much I value my time does not work because that just complicates the problem and amplifies how much time I spend solving that multi-variable optimization problem. Consider trying to convince Monk not to avoid germs in order to build antibodies; it just makes him think more about germs, raising anxiety and making easy decisions (use a handkerchief to touch doorknobs) into a hard decision (should I touch it or should I not?). It also amplifies the regret whenever you finally make a certain choice (\"\"what if I did the calculation wrong?\"\" or \"\"what if I'm going to get sick tomorrow because I touched that doorknob?\"\"). Making the problem more complicated isn't the solution. So how to make it simpler? Make the decision ahead of time! For me, budgets are the key to reducing the anxiety associated with financial decision making. Every six months or so, my wife and I spend hours deciding how much to spend per month on things. We can really take our time analyzing it because we only have to do it occasionally. Once we set $50/month for restaurants, I no longer have to feel like a loser every time we eat out -- similarly for discretionary spending and everything else. TBH, I'm not sure exactly why it works -- why I don't regret the dollar amounts we put on every budget -- but it really does help. I join my coworkers for lunch on Fridays because I already decided that was okay. At that point, I can focus my OC-tendencies on eating every last gram of organic matter on my plate. Without directly touching the ketchup bottle, of course. :) Again, just speaking for myself, but having budgets has done wonders for my stress level with respect to finances. For me, budgets are less about restricting my spending and more about permitting me to spend! It's not perfect, but it helps. (Not that it's relevant, but I reworded this answer about 20 times and only hit 'Post' with great effort to suppress the need to keep editing it! I'll be refreshing every 30 seconds for updates.)\""}
{"_id": "465173", "title": "", "text": "You can't automate a Subway.  It's already 1 worker there. Making Sandwiches, running the cashier etc.   All it would do is eat into the franchisee's profit margin.  And if it can't compete paying high wages, who cares? That's what the market is all about.   We don't want industries that don't pay living wages. Let them expire. Just like we don't want industries that rely on filling our rivers with poison chemicals.   Let them expire so that new industries can take their place in the market."}
{"_id": "465176", "title": "", "text": "The other person has to decide that they want to be wholly responsible for the loan, and they have to be able to qualify for the loan. They are in essence purchasing the car from you with the sale price being the remaining balance of the loan.  You will then use the processed from the new loan to pay the old loan off completely. They will then take the bill of sale to the state DMV/MVA to register the car in their name. You should have them start with their bank for a new car loan."}
{"_id": "465196", "title": "", "text": "Nice work!  I would not propose anything related to revenue growth, as it will be difficult to tell where that growth came from.  If you want a performance aspect you could tie a bonus to particular KPI's that you both agree to.  It could be a website done by a certain time along with a certain amount of likes/shares on facebook and instagram followers.  Yelp and Google Reviews would probably also be a good place to add value.  I would think an insta account would be a no brainer with a tap house, so much easy stuff to photo.  Just my 2 cents, if I'm the owner I want this to be easy, so I'd go for base pay and a bonus."}
{"_id": "465227", "title": "", "text": "\"Let's illustrate how typical mortgage and its insurance works, from the very beginning. few years pass You're at the last point now. The whole point of the insurance was to preserve value of bank's collateral, at least from its point of view. By making a claim you have testified that a damage has occurred and some value of the property was lost. It's only reasonable for the bank that it wants the value of the asset to be restored to the value of the loan. Or the other way around. Bank doesn't really care if your deck is repaired, it only cares to have right side equal left side in the books. By taking the mortgage you've agreed to preserve the value of the property. There are many ways out of this situation, but pocketing the money isn't one of them.  There is no need to fight the mortgage company, because they're right. Talk with them in good faith and walk through available options. If you feel that you can live with the deck as it is, then paying back part of the loan might be a good idea. You don't \"\"lose\"\" the money this way, you're still 2k ahead - just not now, but in 20 years.  Afterthought: it's possible that it would be \"\"enough\"\" to re-evaluate the house to ensure it's still worth its original value even with damaged deck (eg due to other improvements you've made over the years or general property prices rising in the area). I put quotes, because you have to count costs of reevaluation which may be too big to make it worth. AND it might turn out it's worth even less, eg if the prices dropped. Or add another collateral, but that means signing another lien which also costs money.\""}
{"_id": "465246", "title": "", "text": "Maybe it didn't gain critical mass but it still seems to me like a solid product to offer. It takes the variance out of a volatile currency for businesses who want to court that segment of the market without affecting those who would prefer to just keep assets in Bitcoin. Sounds like a way to lower the barrier the accepting bitcoin which is good for the ecosystem."}
{"_id": "465256", "title": "", "text": "I used to own a few investment properties, so I'm pretty familiar with this.  As MrChrister mentions, lenders see investment mortgages as higher risk. People who fall into financial trouble are much more likely to let their investment properties go than their personal residence.  Consequently, the interest rates and downpayment requirements are generally higher. Typically a mortgage for an investment property will require 20% down, vs. as low as 3-5% down for a personal residence.  With excellent credit and some shopping around, you could probably do 10% down.  Interest rates are typically about a half-percent higher as well. You'll also find that the more investment properties you have, the harder it becomes to finance new ones.  Banks look at debt-to-income ratios to determine if you are over extended.  Typically banks like to see that your housing payments are less than 20% or so of your income.  However, with rental properties, housing payments generally account for far more than 20% of your rental income.  Other income you have can offset that, but after buying 2-3 houses or so, your DTI generally creeps into the range where lenders are uncomfortable lending to you anymore.  This is why you'll find that many rental properties are bought on land contracts with owner financing rather than with mortgages."}
{"_id": "465260", "title": "", "text": "\"I believe the banks are protecting themselves when they \"\"require\"\" your endorsement. Years ago. they used to ask for your endorsement, and not require it. If you endorse the check, it legally authorizes them to debit your account, if the check is later returned for non-sufficient funds (NSF). It mostly protects the bank, and not the customer.\""}
{"_id": "465265", "title": "", "text": "It is becoming a big deal of mobile database and an emerging market of cloud database services and tools. I think, you should reach right place all customers across the UAE and increase effectiveness service and success of your target marketing campaign to sell your product &amp; market your services to untouched UAE market. You can contact us to find alternate ways to generate leads &amp; we are sure you will find better methods.  It is a believable UAE business directory, from where you can buy an online database service at the lowest price. Our team of database administrators services makes sure about software applications that run proficiently."}
{"_id": "465278", "title": "", "text": "Very predicated? ENTIRELY predicated! Bentonville and Rogers would practically cease to exist.   Fayetteville would hang on only for the college. It was a great place to live, we can only hope that Walmart is too big to fail in our lifetime."}
{"_id": "465283", "title": "", "text": "After some thought, I follow Dave Ramsey's advice because it's simple and I can do the math in my head - no online calculator needed. :) You need Life Insurance if someone depends on your income.   You can replace your income with a single lump sum of 8-10 times your current income where those who need your income, can get roughly your salary each year from the life insurance proceeds."}
{"_id": "465292", "title": "", "text": "\"There are a number of companies that will issue pre-paid chip and pin Mastercards this is probably the easiest way to deal with the issue. Most of them are limited to UK residents but with a very quick google I found this one http://public.neteller.com/content/en_US/cards_index.htm which seems to be open to US residents. I have no experience of using this company but when I googled \"\"chip and pin usa pre paid credit card\"\" they came up.\""}
{"_id": "465294", "title": "", "text": "While I agree that luck has something to do with it, most of the successful business owners also put in crazy long hours and submitted themselves to huge financial risk in order to get their businesses started.  I do not say this to mean there is no luck; there is always an element of luck. But you cannot get lucky if you aren't at the right place at the right time, and sometimes arriving at that place and trying to get lucky takes much more than people realize.  Edit: some people are interpreting this to say that only successful business owners work hard. This is not what I am saying."}
{"_id": "465313", "title": "", "text": "I think the answer you are looking for is:  You are not taxed on the original basis (purchase cost) of your investment.  If you pay $30 a share, and sell at $35, the $5 per share gain is taxable at time of sale.  But the $30 basis cost doesn't enter into tax calculations at all.  (So it's important to keep good records on your investments and how much you paid for them at purchase.)"}
{"_id": "465320", "title": "", "text": "well well, good question, worth a discussion, the more filters you add to your strategy (volatility in this case), the lower its predictive power. i mean, one could further filter it by day of the week, whether prices are above or below a 200 day moving average...etc."}
{"_id": "465330", "title": "", "text": "&gt; At our place, we have visual management things on TV screens so everyone knows what's going on, metrics etc. People are constantly trying to improve the performance of system without management pushing for it.   While I agree, that kind of system is not without pitfalls as it lends itself to metrics gaming unless you really know what you're doing and consider every aspect of your business in your metrics."}
{"_id": "465332", "title": "", "text": "\"As a great man once said, \"\"No risk it, no biscuit.\"\"  Nothing can immunize you from catastrophe. But cash won't do well in a war, either, so you need to turn it into something else.  And timing is a crapshoot. When you enter, when you exit, total waste of your energy. Find something you want to own and watch, and get wet.  If you want to be diversified, get into index funds. You'll technically own a little of everything, and they do well if you just leave them be. For example, they're higher than they were at the start of every war in the past. If you don't need the money in the war, just leave it there and you'll come out later with more than you started with which is what you wanted.  Stay away from bonds, because the Fed is going to start unwinding QE soon and that's going to clobber bond values, taking bond funds with them.  If you feel totally convinced war is coming, then get something that exposes you to gold. Like gold, for instance.\""}
{"_id": "465370", "title": "", "text": "Yes, sorry, I should have tried to be clearer. I mean the development appraisal related to construction. Such as residential developments, mixed-use developments etc - what makes these profitable, costs, residual valuation etc.. if this is in the right ballpark"}
{"_id": "465373", "title": "", "text": "Whether behaving illegally or not (and their behavior is sometimes illegal), Wal-mart can certainly not be trusted to do what's good for its workers (or those of its suppliers), communities, or the US economy.  Refer to [here](http://www.epi.org/publication/ib235/) for one example.    You're right that determining what policies will help can be tricky.  That doesn't mean we should just let the market do as it will.  If we've learning nothing from the recent bubbles, it's that this is clearly dangerous.  Moreover, it is citizens and our electeds that should have more say that a self-interested private business."}
{"_id": "465375", "title": "", "text": "**Here's a sneak peek of /r/BasicIncome using the [top posts](https://np.reddit.com/r/BasicIncome/top/?sort=top&amp;t=year) of the year!**  \\#1: [When I created r/BasicIncome 4 years ago I never thought it would find so much support. Now I'm running for California Democratic Party delegate in Silicon Valley on January 7, on a pro-UBI platform -- AMA :)](https://np.reddit.com/r/BasicIncome/comments/5kedno/when_i_created_rbasicincome_4_years_ago_i_never/)   \\#2: [Mark Zuckerberg just called for universal basic income](https://techcrunch.com/2017/05/25/watch-mark-zuckerberg-speech/) | [448 comments](https://np.reddit.com/r/BasicIncome/comments/6dcav5/mark_zuckerberg_just_called_for_universal_basic/)   \\#3: [If this gets enough votes, Trump and Hillary can get asked about basic income during the Oct 9th debate](https://np.reddit.com/r/BasicIncome/comments/55aie5/if_this_gets_enough_votes_trump_and_hillary_can/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "465380", "title": "", "text": "\"In real life, you'd see spreads like AMZN 04/13/2017 910.00 C 4.90 +1.67 Bid: 4.75 Ask: 5.20 (with AMZN @ $897 right now) and the fill you'd get on the buy side would be closer to the ask. i.e. I'd offer $5.00 and hope that it filled.  Filling a $4 bid when ask is $8 isn't likely unless the stock blipped down enough for your price to fill.  Options are a lot like day trading, in most cases. Most members here will agree that day trading isn't investing, it's gambling. Long term, the S&P has been up 10%/yr. But any given day, the noise of the market is a 50/50 zero sum game. Most long term stock 'investors' do well. Those who get in and out, not so much.  There are aspects to options that are appealing. As you've seen, the return can be high, even IRL, but your loss can be 100% as well. Let me share with you a blurred line - I wrote \"\"Betting on Apple at 9 to 2\"\" in which I described an option strategy that ran 2 years and would return $10,000 on a $2200 bet. A similar bet that ended a year ago yielded a 100% loss. I don't post there very often, as I keep that trading to a minimum.  There are warnings for those who want to start trading options -\""}
{"_id": "465410", "title": "", "text": "&gt; if you went somewhat into debt, say $30k, for a major with good job prospects and a high salary, it will probably be a good decision. Which is exactly what I did, and it worked out very well for me.  There is still the opportunity cost I mentioned though. The average person makes $30K out of high school, so that is more than a million dollars in opportunity costs if you go to school for four years instead of going to work. Far more than that if you can earn more than $30K, which there is a good chance you can if you have the talent to get into college.  Additionally, if a career has good job prospects and high salaries, employers aren't really going to be concerned about your education save where the law mandates it (you cannot be a doctor without the education by law, for instance). It is the lack of capable workers that drives the salaries up and it is that same lack of capable workers that force employers to consider just about anyone.  There may be an argument to be made that an education can help as a signal in jobs where competition of fierce, but that same competition will drive the market rate of the job way down, which doesn't exactly seem like a win to me.  That's awesome that it worked out for you, I'm just not sure it should be considered a safe or even good investment. While the returns can be there in some cases, it seems like the stakes are pretty high."}
{"_id": "465430", "title": "", "text": "I would strongly recommend investing in assets and commodities. I personally believe fiat money is losing its value because of a rising inflation and the price of oil. The collapse of the euro should considerably affect the US currency and shake up other regions of the world in forex markets. In my opinion, safest investment these days are hard assets and commodities. Real estate, land, gold, silver(my favorite) and food could provide some lucrative benefits. GL mate!"}
{"_id": "465439", "title": "", "text": "That would be my suggestion (and what I've personally done), but I can't tell you what's right for you.   As an aside, you don't usually need to manually fund an IRA (traditional *or* Roth) to open it for a rollover - Just tell them you're doing a rollover, and they'll set you up and tell you where to have the 401k checks sent (and sometimes even arrange it all *for* you)."}
{"_id": "465443", "title": "", "text": "Showz Store is also a new toys gallery that celebrates in the China. Once exclusively for kids, they have evolved into something suitable for everyone. Just look at the popularity of such shows Model Wizard and the Simpsons, which is definitely marketed for adults. Or consider the superhero toys. Big screen movies based off of various popular superheroes have built interest in these types of merchandise to the masses. There's no reason stuffed toys couldn't be enjoyed by adults as well as kids."}
{"_id": "465447", "title": "", "text": "\"This page lays down the requirements for an \"\"unincorporated association\"\" to pay tax (i.e. any group that's not a registered entity). You pay tax is you make money from: it looks like you don't do any of those, so you don't need to file for taxes. There is another exemption that you don't have to file if it is likely that you would owe less than a hundred pounds taxes, which would also probably apply to you. There are many thousands of clubs and societies in the UK that don't need to register for tax purposes, so you are far from alone. It is probably worth creating an actual club (\"\"Captain Insanity Server Club\"\") and keeping records of donations and expenses for the server. There isn't any need to legally incorporate or anything like that, though you might try having a separate bank account for it if you can get a free one, so that if the tax authorities ever audit you personally you can show them that the donations you received weren't income to you.\""}
{"_id": "465496", "title": "", "text": "In the 1950s there was no competition. China was starving, Russia had a huge portion of their males dead, Europe had been bombed to smithereens, and Japan had 2 atomic bombs dropped on them. But yeah, maybe it was the tax rate /s."}
{"_id": "465497", "title": "", "text": "Can you provide me some evidence of all these $100k+/yr financial blogging jobs?  Because you in no way over simplified what it takes to get to that level of blogging...  If I'm wrong please show me how I can do that.  I'm sure a lot of people here would be interested in knowing as well."}
{"_id": "465536", "title": "", "text": "\"P/E is Price divided by Earnings Per Share (EPS). P/E TTM is Price divided by the actual EPS earned over the previous 12 months - hence \"\"Trailing Twelve Month\"\". In Forward P/E is the \"\"E\"\" is the average of analyst expectations for the next year in EPS. Now, as to what's being displayed. Yahoo shows EPS to be 1.34. 493.90/1.34 = P/E of 368.58 Google shows EPS to be 0.85. 493.40/0.85 = P/E of 580.47 (Prices as displayed, respectively) So, by the info that they are themselves displaying, it's Google, not Yahoo, that's displaying the wrong P/E. Note that the P/E it is showing is 5.80 -- a decimal misplacement from 580 Note that CNBC shows the Earnings as 0.85 as well, and correctly show the P/E as 580 http://data.cnbc.com/quotes/BP.L A quick use of a currency calculator reveals a possible reason why EPS is listed differently at yahoo. 0.85 pounds is 1.3318 dollars, currently. So, I think the Yahoo EPS listing is in dollars. A look at the last 4 quarters on CNBC makes that seem reasonable: http://data.cnbc.com/quotes/BP.L/tab/5 those add up to $1.40.\""}
{"_id": "465542", "title": "", "text": "Initially, Each company has 10k shares. Company B has $500k money and possibly other assets. Every company has stated purpose. It can't randomly buy shares in some other firm.   Company A issued 5k new shares, which gives it $500k money. Listed companies can't make private placements without regulatory approvals. They have to put this in open market via Public issue or rights issue. Company B does the same thing, issuing 5k shares for $500k money. Company A bought those 5k shares using the $500k it just got There is no logical reason for shareholder of Company B to raise 5K from Company A for the said consideration. This would have to increase."}
{"_id": "465555", "title": "", "text": "I'm from Canada, so your going to have to take that into account when reading this, as things are done a little differently here.    I wouldn't go the accounting route, as it's going to require more education on top of this. Id there is a program that focuses more on the management of finances that would be ideal. There are many mid to entry level positions that deal with the flow of cash throughout the company. From there you work your ass off and see where it can get you. Sometimes they go as far as hiring someone with no experience, but a certificate and a some educational knowledge will go a long ways in helping you.   You probably could, if you went to the right sources, gain similar knowledge by learning things yourself. But it won't look nearly as appealing to potential employers. Hope this helps.   Also, it blows my mind, the difference in cost of tuition. I spent 12k over 3 years(just finished). Those kids in Montreal have no idea how good they have it."}
{"_id": "465596", "title": "", "text": "\"A few years ago, there was a TV special with a celebrity chef (I think Tyler Florence) that was trying to get a small town to eat healthier. In one segment, he showed kids how processed chicken nuggets were made, which was some chicken trimmings and the leftover carcass (bones and all), mixed with bread crumbs and seasonings, pureed, strained and molded. This was supposedly supposed to be disgusting, especially to kids. Didn't work, they still wanted chicken nuggets.  In the end, there's nothing wrong with using the 'gross' parts of an animal, nor is there any thing wrong with some of the processing techniques. Mostly they're used to get the most out of the animal, which is what we should be doing. Americans especially are incredibly turned off by any meat that isn't pure white, which is ridiculous. Dark meat and offal are used around the world and are seen as delicacies. \"\"Chemicals\"\" are used to scare people, but there's nothing inherently wrong with them. Heck, modernist cooking developed as a way to find more interesting uses for chemicals and additives.  You'll find no bigger supporter of home-cooking and eating whole foods than I am, but there is way too much fear mongering and squeamishness that's based only on arbitrary perceptions of what's acceptable and what isn't. You could probable start a campaign of outrage against tortillas for using lime, or bacon for using nitrites, or fish for being frozen, all because people are gullible and ignorant on where their food comes from.\""}
{"_id": "465597", "title": "", "text": "\"Currency, like gold and other commodities, isn't really much of an investment at all. It doesn't actually generate any return. Its value might fluctuate at a different rate than that of the US dollar or Euro, but that's about it. It might have a place as a very small slice of a basket of global currencies, but most US / European households don't actually need that sort of basket; it's really more of a risk-management strategy than an investment strategy and it doesn't really reflect the risks faced by an ordinary family in the US (or Europe or similar). Investments shouldn't generally be particularly \"\"exciting\"\". Generally, \"\"exciting\"\" opportunities mean that you're speculating on the market, not really investing in it. If you have a few thousand dollars you don't need and don't mind losing, you can make some good money speculating some of the time, but you can also just lose it all too. (Maybe there's a little room for excitement if you find amazing deals on ordinary investments at the very bottom of a stock market crash when decent, solid companies are on sale much cheaper than they ordinarily are.)\""}
{"_id": "465602", "title": "", "text": "\"Ahh okay thanks. The economic terms and lessons are coming back to me lol. I guess in the end it was a question on profit margins based on time. And god no the sandwiches are way better quality than Subway. Maybe I'll go get Subway to remind myself why I stopped eating it... Guess it's my fault for using small numbers. I was just thinking like gourmet PB&amp;J deep-fried and coated in sugar for $3.00. Had one at some \"\"friend's\"\" bakery last week and can't stop thinking about how crunchy but gooey it was for $3.00... They weren't on the menu but my buddy gets bored working at his bakery and made me that glorified donut with PB&amp;J filling. No regrets :) actually I guess I should've used donuts as the example and not sandwiches. Oh well too late.\""}
{"_id": "465610", "title": "", "text": "\"&gt; You give this gray topic of affordable health care that Trump promised to act upon, but has yet do anything.  Sure Trump want to fix healthcare, and, yes, sure, nothing was done yet... not because of Trump, but because of traitors in the Republican party that joined corrupt democrats.  &gt;&gt;I am still waiting for the Wall with Mexico, but I am sure it will not be done.  &gt; Are you serious? Illegal immigration from Mexico? It's Trump fault? Is Trump against the wall and limiting immigration?  I think you are now so desperate that you are getting REALLY weird with your responses.  Yes, there's illegal immigration coming from Mexico, not only of Mexicans and other south and central Americans.   No, nobody ever claimed it's Trump fault! Where on earth did you come up with this idea?   No, Trump is not against the wall. I have the gut feeling that he won't keep his promise to build the wall, despite really wanting it. Because is good friends in the Republican party will join forces with corrupt democrats to prevent it.   Now, again, for 10th time:  &gt;&gt; **give me a specific \"\"instability\"\" or \"\"expense\"\" that Global Warming may cause. Just try...**  &gt;&gt; **I asked you before, and I notice you did not reply: Is Trump a Nazi or alt-Right sympathizer? What ACTIONS by Trump you do not like?**\""}
{"_id": "465642", "title": "", "text": "The policies are dictated by those who hold the power. Watch out before the US's balls crush your whole paradigm of reality. It's hip to talk shit about the US, but who runs the game? Who has Google, Apple, and Microsoft? Disc golf, America. Mass production of automobiles, America. Ad infinitum. Please regale me with tales of New Zealand's amazing world leadership. Your country is a fucking set location for mine."}
{"_id": "465648", "title": "", "text": "Even after the real estate crash, there are banks that lend money outside of the rules I'll share.  A fully qualified mortgage is typically run at debt to income ratios of 28/36, where 28% of your gross monthly income can apply to the mortgage, property tax, and insurance, and the 36% is the total monthly debt (including the mortgage, etc) plus car loan student loan, etc. It's less about the total loan on the potential than about these ratios. The bank may allow for 75% of monthly rent so until rentals are running at a profit, they may seem a loss, even while just breaking even.  This is just an overview, each bank may vary a bit."}
{"_id": "465670", "title": "", "text": "&gt; but since that's impossible (due to the bureaucracy) in most jobs  Huh? Dude, asking for a raise is never impossible. Go to your manager and make a well thought-out case. This is how it's done. It's not magic. Very rarely, in any professional environment, will anyone just hand you a raise because they think you're a nice guy. Keeping your head down and nose to the grindstone will not get you noticed.   Obviously, going elsewhere to get that higher salary should also be an option. I did it once too. But in the situation you describe, you'd be crazy not to go demand a bigger slice of the pie."}
{"_id": "465678", "title": "", "text": "It depends whether you want to be technically compliant with the letter of the law or compliant with the underlying meaning. For instance, in some countries you can find shell companies that do nothing but deal in fixed income instruments (those that you want to avoid) and dividend stocks (those that you might or might not be allowed to use). You can buy stock of that shell company, which does not hand out dividends itself. Thereby, you transform interest and dividends into capital gains. These shell companies exist for fiscal reasons, the more risky capital gains are often less taxed than interest or dividends. This might technically solve your problem, but not really change anything in the underlying reality. P.S. Don't worry too much about missing compounding interest. The rates are incredibly low right now."}
{"_id": "465679", "title": "", "text": "There's probably a risk committee and an investment committee where several high level executives analyze and discuss the investments they will do and which risk level to take.  Is all based on numbers and evidence, but in the end people decide how much risk to take.  Then there Risk Management I suppose supervises the risk and that they don't go over the threshold (measured by VAR or whatever)"}
{"_id": "465680", "title": "", "text": "Thanks. It's a continual work in progress but I suppose anything worth doing is. Good to be working on something you are passionate about, because you'll hit many, many, many roadblocks and hurdles along the way and if you aren't committed, the easy route is to fold. So I think starting from a passion and hobby is always good."}
{"_id": "465687", "title": "", "text": "My guess is that it probably has more to do with the Husi food scandal in China. McDonald's restaurants in Beijing had so little inventory after removing their meat supply from Husi that they were only serving soda and french fries for about a week."}
{"_id": "465707", "title": "", "text": "The fundamental problem with capitalism is that people assume that what makes money is worth doing, and that making money justifies it.  Money, wealth, jobs:  these are means, not ends.  Capitalist theory washes its hands of motivational concerns, correctly, but the guide to proper motivation, philosophy, must be developed concurrently.  It has not.  We have a modern economy wielded by barbarians and illiterate peasants, a gun handed to a chimpanzee, and we've shot our foot off for lack of learning proper self control."}
{"_id": "465725", "title": "", "text": "What did you sign when the account was opened? What did you sign when you left the company, to transfer those responsibilities? Unless the bank has a record of someone else being responsible, they are correct in billing the one who signed their paperwork.  Of course this also probably means you still have access to the account, so your ex-partners should be Highly Motivated to help you fix this. If you want a legal opinion, try over in the Law area, or (better) ask a real lawyer in your jurisdiction. That's out of scope here."}
{"_id": "465729", "title": "", "text": "Onsite Rentals Services Pvt Ltd. offers vintage looking battery operated Golf Carts.  These batteries operated golf carts are suitable to carry 3-4 passengers for any outdoor events. These are sophisticated with good machines that may operate by battery. We are a reliable seller, trader, and service provider for Golf cart. Give us a chance to offer you better services and products on rent to make events more memorable and successful. Give us a call- 01129836752  Email- info@onsiterentals.com Website- www.onsiterentals.com"}
{"_id": "465730", "title": "", "text": "\"Yes digital can definitely technically a higher quality.... but sometimes it's just not that pleasurable hearing a digital files pristine 19,000 Hz sounds right next to moments of perfect silence...   You rarely ever heard perfect silence in nature.... there is always some kind of background noise.... I think this is a big part of why people say \"\"vinyl is warmer\"\" .... because there is plenty of white noise... and all of the sounds aren't always perfectly crystal clear...  Of course it's a matter of taste, I'm just saying for certain recordings that crystal clear instruments at every frequency can be kinda jarring in the same way that being seated too close to the brass section of an orchestra could be unpleasant.    A lot of Music production software has low bit filters specifically because less perfect sounds can be more pleasing sometimes... distortion pedals and different acoustic treatments to \"\"muffle sounds\"\" would be other examples of when musicians purposely create \"\"lo-fi\"\" sound.\""}
{"_id": "465731", "title": "", "text": "\"I swear to fucking [Deer-Jesus](http://www.smbc-comics.com/?id=3281) that the government just makes up these ridiculous numbers to hide the cost of secret programs. There is no fucking way the government is sitting in a meeting and actually come to an agreement that \"\"Hey yea, 400 billion dollars *is* the right amount of money to spend on this one plane.\"\" Unless that was followed up by \"\"...wait billion, I thought you said million... fuck it. too late now.\"\"\""}
{"_id": "465732", "title": "", "text": "\"Home Improvements that improve the home's Energy Efficiency are currently eligible for federal tax credits. This includes renewable energy equipment (solar panels, etc.) and Nonbusiness Energy Property Tax Credit. The credit is 30% of the cost. From Intuit Turbo Tax: Energy Tax Credit: Equipment and materials can qualify for the Nonbusiness Energy   Property Credit only if they meet technical efficiency standards set   by the Department of Energy. The manufacturer can tell you whether a   particular item meets those standards. For this credit, the IRS   distinguishes between two kinds of upgrades. The first is \"\"qualified energy efficiency improvements,\"\" and it   includes the following:   \u2022Home insulation   \u2022Exterior doors   \u2022Exterior windows and skylights   \u2022Certain roofing materials The second category is \"\"residential energy property costs.\"\" It   includes:   \u2022Electric heat pumps   \u2022Electric heat pump water heaters   \u2022Central air conditioning systems   \u2022Natural gas, propane or oil waterheaters   \u2022Stoves that use biomass fuel   \u2022Natural gas, propane or oil furnaces   \u2022Natural gas, propane or oil hot water boilers   \u2022Advanced circulating fans for natural gas, propane or oil furnaces\""}
{"_id": "465747", "title": "", "text": "It all looks good except for #7. A lot of businesses take that point too far. Having good backup hardware &amp; services, security checks, and faculty in place may not show in the profits, but when every thing crashes, it'll make the difference between a hiccup and a 2 week system halt."}
{"_id": "465765", "title": "", "text": "Ah, but it might be the regulators responsibility. Predatory pricing can be a monopolistic tactic, meaning that large corporations that can afford to lose money on some projects may be wise to do so to keep their smaller competitors out of the industry, and then being the only one (or several) left, can make those losses back on jacked up prices since there is little/no competition in their market.  Bidding at a loss is often [illegal or regulated](https://en.wikipedia.org/wiki/Predatory_pricing#Legal_aspects)."}
{"_id": "465774", "title": "", "text": "I think it depends entirely on your risk tolerance. Putting money in individual stocks obviously increases your risk and potentially increases your reward. Personally (as a fairly conservative investor) I'd only invest in individual stocks if I could afford to lose the entire investment (maybe I'd end up buying Enron or Nortel). If you enjoy envesting and feel 10% is an acceptable loss I think you have your answer"}
{"_id": "465785", "title": "", "text": "I mainly use Ebates to get cash back when shopping online. I wrote a little review here: http://www.savewithdan.ca/websites-use-ebates-ca A super useful app is the one called Flipp (it's not a website, it's an app, but I think it counts as a valid answer, right?) You can compare prices from several stores and their fliers."}
{"_id": "465787", "title": "", "text": "Read the Forbes article titled IRA Adventures. While it's not the detailed regulations you certainly need, the article gives some great detail and caution. You may be able to do what you wish, but it must be structured to adhere to specific rules to avoid self dealing. Those rules would be known by the custodians who would help you set up the right structure, it's well buried within IRS regs, I'm sure. Last, in general, using IRA funds to invest in the non-traditional assets adds that other layer of risk, that the investment will be deemed non-allowed and/or self-dealing. So, even if you have the best business idea going, be sure you get proper council on this."}
{"_id": "465790", "title": "", "text": "Corperate Espionoge? Wow! Maybe it's some of the fast food giants, without naming names but the Golden Arches, Royalty, Redhead with pigtails or even the Tex-Mex Ring Ring. Chipotle has steadily taken up a lot of space and more people are choosing them as a healthy alternative."}
{"_id": "465801", "title": "", "text": "I concur with pretty much what everyone else said. Let me break it down in a concrete plan of action.  First, though, note that at least the minimum payments for the credit cards needs to be on this list of fixed expenses. Also, you have $868 remaining in a normal month -- food could be $500 or more easily for a family, so find out how much!  Adding in just those 2 things, and you're already at your max. And there are other expenses in life.   Ok, cutting from the top: DirectTv -- gone. Pure luxury, and between netflix, hulu and your   internet connection (hook your computer to the tv), there's no need   for it. $80 savings.  Cell phones -- you're already moving in the right direction, but not   far enough. In a financial crunch why does your stay-at-home wife have   a cell? Especially when she could just as easily use Google Voice for   free? Both plans gone, replaced by one of the prepaids @$45. $105   savings, total $186 savings.  529 plans -- Of course you want to save for your kids college, but it   doesn't help them for you to drown financially. Gone until your credit   card debit is too. $50 savings, $236 total. Ok, we're already up to $236/month in savings just cutting items you don't need. That probably gets you back into the black, but why stop there?  Trimming expenses  Electric -- ok, I know it's summer, but can you cut this back? Is the   thermostat set as high as you can comfortably bear? Are you diligent   in turning of lights, especially incandescent? Do you turn off your   computer when you're not using it? See if you can get the Electric   down by 10%. That's $20/month savings. Doesn't seem like much, but it   adds up.  Gas -- same with gas. Do you have gas hot water? If so, cut shower   length. Saves on water too.  Food -- this one you didn't list. But as I said, you could be spending   $500 or $600 a month easily for a family. Do you guys plan meals, and   thus plan shopping trips? If not, do it. You'll be surprised how much   you can save. Either way, 10% reduction should be doable. That's   $50/month. If you don't plan now, 20% is within reach -- that's   $100/month. Ok, that may have added as much as $130 or so. If so, you're now up to $366/month savings. That's like a 15% raise.  Simply cutting, however, is only half the plan. You want to improve your situation, so you can get the Directtv back (assuming you'll even want it at that point), and the wife's cell phone, for starters.  To do that, you've got to nail down that debt. I figure you've got minimum $567.23/month in debt payments. That's not including your mortgage, and including an assumed $80/month minimum credit card payments. You pay over 21% of your take-home to short term and consumer debt!  Yea, that's why you're hurting. Here's what you do  In both cases, apply the extra payments entirely to one balance at a   time. Pick either the smallest balance (psychologically best because   you quickly see a loan & it's payment dissappear), or the highest   interest (mathematically the best). Roll each regular payment that's paid off into the extra debt payments. You didn't list total debt balances, but you did say you had $4000 in   credit card debt. Applying an extra $250/month to debt (out of that   $366 savings), plus two extra paychecks of $1300 each, is $5600/year   paid off. In under a year, you could have those credit cards paid off, and likely that window loan too. Start the 529s again, but keep going   paying down the rest. When you have the car paid off, bring back the   wife's cell (you and I both know that's going to be #1 on the list :)    ), then finish off those student loans.  Then bask in the extra $567/month - 21% of your income - you'll have in sweet, sweet green cash!"}
{"_id": "465802", "title": "", "text": "Purchase accounting requires that you mark assets, including PP&amp;E to fair value.  So let's say you bought a machine 5 years ago for $1,000 - you might have depreciated it to $250 on your balance sheet but it might actually be worth $900."}
{"_id": "465805", "title": "", "text": "There is a number of grocers doing this in the UK. Although the best you get is next-day delivery and you have to pay something for the privilege. However, if you're willing to wait a few days you can get free delivery for orders higher than \u00a350."}
{"_id": "465806", "title": "", "text": "There's a distinction between profits and cash flow, attributed to the recognition of non-cash items.  If you have a business where your customers pay you quickly, you manage your inventory well, and you\u2019re able to take your time in paying your suppliers, your free cash flow can be consistently positive even when your net income is not."}
{"_id": "465814", "title": "", "text": "Even if you can get a credit card with a $0 limit, that doesn't necessarily mean that the charges won't succeed. Some of my credit cards have gone over limit by a significant amount (e.g. 140% of limit) without any transactions being declined. The limit just means that the bank is allowed to decline the transaction, but they are also allowed to approve it anyway. So basically what you would have is a credit card where any transaction can always be declined or approved."}
{"_id": "465819", "title": "", "text": "\"My advice would be to invest that 50k in 25% batches across 4 different money markets. Batch 1: Lend using a peer-to-peer account - 12.5k The interest rates offered by banks aren't that appealing to investors anymore, at least in the UK. Peer to peer lending brokers such as ZOPA provide 5% to 6%  annual returns if you're willing to hold on to your investment for a couple of years. Despite your pre-conceptions, these investments are relatively safe (although not guaranteed - I must stress this). Zopa state on their website that they haven't lost any money provided from their investors since the company's inception 10 years ago, and have a Safeguard trust that will be used to pay out investors if a large number of borrowers defaulted. I'm not sure if this service is available in Australia but aim for an interest rate of 5-6% with a trusted peer-to-peer lender that has a strong track record. Batch 2: The stock market - 12.5k An obvious choice. This is by far the most exciting way to grow your money. The next question arising from this will likely be \"\"how do I pick stocks?\"\". This 12.5k needs to be further divided into 5 or so different stocks. My strategy for picking stock at the current time will be to have 20% of your holdings in blue-chip companies with a strong track record of performance, and ideally, a dividend that is paid bi-anually/quarterly. Another type of stock that you should invest in should be companies that are relatively newly listed on the stock market, but have monopolistic qualities - that is - that they are the biggest, best, and only provider of their new and unique service. Examples of this would be Tesla, Worldpay, and Just-eat. Moreover, I'd advise another type of stock you should purchase be a 'sin stock' to hedge against bad economic times (if they arise). A sin stock is one associated with sin, i.e. cigarette manufacturers, alcohol suppliers, providers of gambling products. These often perform good while the economy is doing well, but even better when the economy experiences a 2007-2008, and 2001-dotcom type of meltdown. Finally, another category I'd advise would be large-cap energy provider companies such as Exxon Mobil, BP, Duke Energy - primarily because these are currently cheaper than they were a few months ago - and the demand for energy is likely to grow with the population (which is definitely growing rapidly). Batch 3: Funds - 12.5k Having some of your money in Funds is really a no-brainer. A managed fund is traditionally a collection of stocks that have been selected within a particular market. At this time, I'd advise at least 20% of the 12.5k in Emerging market funds (as the prices are ridiculously low having fallen about 60% - unless China/Brazil/India just self destruct or get nuked they will slowly grow again within the next 5 years - I imagine quite high returns can be had in this type of funds). The rest of your funds should be high dividend payers - but I'll let you do your own research. Batch 4: Property - 12.5k The property market is too good to not get into, but let's be honest you're not going to be able to buy a flat/house/apartment for 12.5k. The idea therefore would be to find a crowd-funding platform that allows you to own a part of a property (alongside other owners). The UK has platforms such as Property Partner that are great for this and I'm sure Australia also has some such platforms. Invest in the capital city in areas as close to the city's center as possible, as that's unlikely to change - barring some kind of economic collapse or an asteroid strike. I think the above methods of investing provide the following: 1) Diversified portfolio of investments 2) Hedging against difficult economic times should they occur And the only way you'll lose out with diversification such as this is if the whole economic system collapses or all-out nuclear war (although I think your investments will be the least of your worries in a nuclear war). Anyway, this is the method of investing I've chosen for myself and you can see my reasoning above. Feel free to ask me if you have any questions.\""}
{"_id": "465820", "title": "", "text": "\"Bloomberg suggests that two Fidelity funds hold preferred shares of Snapchat Inc.. Preferred shares hold more in common with bonds than with ordinary stock as they pay a fixed dividend, have lower liquidity, and don't have voting rights. Because of this lower liquidity they are not usually offered for sale on the market. Whether these funds are allowed to hold such illiquid assets is more a question for their strategy document than the law; it is completely legal for a company to hold a non-marketable interest in another, even if the company is privately held as Snapchat is. The strategy documents governing what the fund is permitted to hold, however, may restrict ownership either banning non-market holdings or restricting the percentage of assets held in illiquid instruments. Since IPO is very costly, funds like these who look to invest in new companies who have not been through IPO yet are a very good way of taking a diversified position in  start-ups. Since they look to invest directly rather than through the market they are an attractive, low cost way for start-ups to generate funds to grow. The fund deals directly with the owners of the company to buy its shares. The markdown of the stock value reflects the accounting principle of marking to market (MTM) financial assets that do not have a trade price so as to reflect their fair value. This markdown implies that Fidelity believe that the total NPV of the company's net assets is lower than they had previously calculated. This probably reflects a lack of revenue streams coming into the business in the case  of Snapchat. edit: by the way, since there is no market for start-up \"\"stocks\"\" pre-IPO my heart sinks a little every time I read the title of this question. I'm going to be sad all day now :(.\""}
{"_id": "465843", "title": "", "text": "Apply for a job/internship to get a first impression of what it means to work in investment banking. Go to a tier one business school and try to get an CFA. Most importantly: work, work, work... Get practical experience as much as possible."}
{"_id": "465849", "title": "", "text": "Summarized article: Nationwide carrier T-Mobile and prepaid provider MetroPCS have agreed to merge in an effort to gain more wireless spectrum and build a faster, higher capacity LTE network.  T-Mobile's parent company, Deutsche Telekom, will buy a majority stake in MetroPCS and combine it with T-Mobile to create a new publicly traded company on the New York Stock Exchange that will retain the T-Mobile name.   Under the deal, MetroPCS shareholders will receive $1.5 billion in cash and 26% ownership in the combined company.   The transaction is to be completed in early 2013.    * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "465854", "title": "", "text": "This sounds like it has happened for other events so is it really that newsworthy?   I was hoping to learn some scientific reason like eclipse sunlight will boil gasoline.  Or maybe the CEO has a theory that eclipses affect gravity and he doesn't want his cars floating away.   Nope... Just oversold his supply."}
{"_id": "465861", "title": "", "text": "If your side can't blame discrimination, at least it can blame reverse-discrimination. As long as we can all blame somebody else, everyone wins!  Seems career advancement is just a more primitive version of job gamification. People already get worked up enough as it is when they lose a round of COD (or downvoted on reddit), imagine how crazy they can get when it leaks into the Real World..."}
{"_id": "465876", "title": "", "text": "What do you want to do with your degree?  Corporate finance? Investment banking? Wealth management?  It all depends on that. Having said that here are some ideas that are useful in a wide variety of scenarios:  1. Accounting, accounting, accounting. Whether you are at an I-Bank or a mid-cap consumer goods company, knowing as much accounting as possible can be hugely helpful. Ive interviewed for jobs at all kinds of companies and one thing that always works on interviewers is showing them you have intimate knowledge of accounting rules.  2. Excel/information system courses. Knowing Excel inside and out and/or some of the more widely used information systems out there can give you a nice little bump in interviews  3. Statistics. Statistics teaches you how to think. Even if you never run a regression again in your life, some of the general principles you learn in stats are absolutely priceless. Not just for work but for *life*. Knowing why you need to control for variables, why samples work, etc. can be a hugely helpful thing not just at work but in dealing with life decisions and sorting through information.  Some people here are telling you to learn how to program. That's useful if you want to be a quant or if you want to keep the door open to potentially moving into a quant/data analytics job in the future and that's about it. Companies hire software engineers to do the coding. If you intend to work as an investment banker or a wealth manager, for example, Java wont help you a lick. Let the engineers worry about writing the code. Focus on the stuff that actually moves your career forward and dont try to be everything. If you absolutely want to do something software-related then learn SQL. At least in some shops (particularly corporate finance jobs) you might from time to time be able to use it to query some database or another, although again at most companies there are entire armies of well-paid people providing the necessary interfaces and tools to prevent you from having to do that."}
{"_id": "465891", "title": "", "text": "Still better than that third customer telling the other two to purchase online from Amazon.  Sure, profit goes down further, but still doesn't drop to zero.  And price matching [is hardly new](http://www.google.com/search?q=%22price+match+guantee%22&amp;ie=UTF-8&amp;oe=UTF-8&amp;hl=en&amp;client=safari), nor is it something those stores try to keep secret.  They advertise it heavily, and yet the majority of consumers still don't take advantage of it.  Best Buy has already matched prices for years -- the only thing new would be matching online retailers."}
{"_id": "465895", "title": "", "text": "When have qualifications ever mattered at the CEO level? Once you make it there you can always find some public company to hire you, even if it's just to be a scapegoat for some unpopular decision or to put a sympathetic face on a dirty situation, like GM."}
{"_id": "465897", "title": "", "text": "If you are able to perform physical exercises on each and every day, you will get pleasure from all of your favorite delicacies and still control to remain fit. The foremost vital factor needed to create this happen is to find personal trainers in your area."}
{"_id": "465905", "title": "", "text": "When you got your original HUD backed mortgage there were three options: monthly, annual and upfront payments. The plan is designed to insure the lender of the mortgage against your default. The plan is not expected to cover the mortgage for 30 years.  If you are in the early years of the mortgage, you may be owed a refund for the unused years. HUD has a Fact sheet discussing this, and a page to help you determine if they owe you a refund. If you are refinancing back into a HUD/FHA mortgage they will not give you a refund, but will roll the refund back into your new loan. FHA to FHA Refinances: When an FHA loan is refinanced, the refund from the old premium may be applied toward the up-front premium required for the new loan. Note: Depending on the year of the original loan the government has different lengths they used for coverage and refunds. I suggest you use the webpage to determine if you are due a refund, or a roll over."}
{"_id": "465916", "title": "", "text": "If your plan permits loans, deposit enough through the year to maximize the match and then take a loan from the plan. Use the loan portion to pay your student loan. Essentially you have refinanced your debt at a (presumably) lower rate and recieved the match. You pay yourself back (with interest) through your payroll. The rates are typically the prime rate + 1%. The loans are subject to a lesser of 50% vested account balance or $50,000 provision."}
{"_id": "465931", "title": "", "text": "\"It's like you're talking about a different article.  I wonder if you read it at all.  He doesn't talk about discrimination and he doesn't suggest discriminating against top schools at all.  What he says is simple:   &gt; Don't hire someone on the basis of his or her educational institution. [...] Instead, hire on the basis of class rank, even if--no, especially if--the person is not from one of the more prestigious institutions.  This should be completely clear and I have no idea how you got the impression that he's trying to prove that \"\"Harvard kids are dumb\"\".    Might I ask which school you personally went to?\""}
{"_id": "465950", "title": "", "text": "This is typically an issue for local law and regulation.  Once one person moves out, I would recommend one of the following options: Generally speaking, if there are clear records of all of the payments made by both parties, all of the costs associated with the maintenance and who made what use of the place, the final ownership can be resolved fairly even in the absence of a clear agreement. The pain and hassle to do it, though, is generally not worth the effort - even if it's an amicable relationship between the two owners. Your best bet is to agree as early as possible on what you plan to do, and to write it down - if you didn't have a contract before moving in together, write one up now."}
{"_id": "465962", "title": "", "text": "Yeah, not a good chance you'll break in from a US school. I'm studying in the region and there's still a lot of uncertainty about how my future looks, given the language barrier. I'm not sure I'll ever be fluent to the point I sound like a native, and I think that might be what they want, at least for front office roles."}
{"_id": "465971", "title": "", "text": "I had the same problem and was looking for a software that would give me easy access to historical financial statements of a company, preferably in a chart. So that I could easily compare earnings per share or other data between competitors. Have a look at Stockdance this might be what you are looking for.  Reuters Terminal is way out of my league (price and complexity) and Yahoo and Google Finance just don't offer the features I want, especially on financials. Stockdance offers a sort of stock selection check list on which you can define your own criterion\u2019s. Hence it makes no investment suggestions but let's you implement your own investing strategy."}
{"_id": "465992", "title": "", "text": "At the same time, you were comparing this program to courses taught by MIT and Harvard and the CFA designation.   This program can't be in the same league as a financial engineering program because it does not have the same rigor or even the same courses. Yet, it calls itself a Masters of Financial Engineering program. (5th page)  If it is not a scam, it is at least *highly* deceptive."}
{"_id": "466001", "title": "", "text": "Step 1: Buy stock with own money   Step 2: Buy big block of same stock with clients' money, and push the price up   Step 3: Go on tv to encourage public to buy the same stock, to push price up even further   Step 4: Sell your holding, and profit   Step 5: Sell your clients' holding and profit from commission   Step 6: Keep low profile so public forgets your lame advice   Step 7: Repeat"}
{"_id": "466023", "title": "", "text": "*People clamoring for more and more regulation will always be disappointed because businesses will always find ways to get around it.*  This is only true in America where we have too many retards who believe regulation doesn't work (thus you get broken regulation you basically wished for).  Canada's financial regulatory system (which actually has teeth, unlike their American counterparts) did a magnificent job avoiding the financial meltdown."}
{"_id": "466028", "title": "", "text": "\"fundamental lack of respect for the populace at large already exits in the private sector.  \"\"militarization of the police force\"\" is more likely when you have 20 different competing police forces with no oversight.  \"\"fear the police\"\" is no less likely when it is run by a corporation. The Pinkertons were hardly angels.\""}
{"_id": "466035", "title": "", "text": "Russell A Solomon is not just another businessman. He is an entrepreneur who has been able to accomplish quite a lot in the health and fitness industries. Russell A Solomon has developed a business and media empire around his own personality and his fitness philosophy. Through this business he has helped to change the lives of thousands of people\u2014helping them to lead healthier lives through a better fitness regimen and a better diet. These are the keys to staying healthy and they are the keys by which Russell A Solomon believes that men and women\u2019s lives can be made easier."}
{"_id": "466037", "title": "", "text": "You are describing a corporation.  You can set up a corporation to perform business, but if you were using the money for any personal reasons the courts could Pierce the corporate veil and hold you personally liable.  Also, setting up a corporation for purely personal reasons is fraud."}
{"_id": "466053", "title": "", "text": "Well that's the thing, that markup is for the convince of having most everything and being low hastle all in one place.  I price shop, then I go, for 3 bucks do I wanna take the chance that I have to deal with someone's customer support and order handling? Meh not really."}
{"_id": "466054", "title": "", "text": "Yes, addressed. Not threw out the bath water, the baby, the soap, and the tub. There were a handful of simple, uncontroversial changes that could have been made that would have benefited everyone. Instead they just took a flamethrower to it. For what?"}
{"_id": "466069", "title": "", "text": "Vansh Surrogacy Consultants is one of the leading service provider of Donor Egg Ivf in Delhi. The services includes IVF Training, IVF treatment, Egg Donation and surrogacy agreements are done in appropriate way. Also providing free initial sessions to the couples by the top IVF Surrogacy Specialist across the north India."}
{"_id": "466071", "title": "", "text": "Christ, I can't imagine making just $15/hr let alone 11.  The government should really invest in finding an algorithm that uses demographics to drive minimum wage changes and keep people working.   Or at least do *something* to make the decision at least *somewhat* scientific."}
{"_id": "466084", "title": "", "text": "Yes, maybe.  The 529 is pretty cool in that you can open an account for yourself, and change the beneficiary as you wish, or not. In theory, one can start a 529 for children or grandchildren yet unborn.  Back to you - a 529 is not deductible on your federal return. It grows tax deferred, and tax free if used for approved education. Some states offer deductions depending on the state. There is a list of states that offer such a deduction."}
{"_id": "466091", "title": "", "text": "I'd breath a bit. You actually aren't in that much of a pickle as you think. Your credit card debt is your number one priority. After that is paid off you need to think about what your financial goals are. You mentioned you wanted to start a family. I'm assuming you are in a solid relationship that would be conducive for this. You need to start planning out how much it's going to cost and then tack on another 50% because babies are expensive. I wouldn't worry about being debt free but you do need to get that car loan down to where you owe less than the car is worth. Honestly though your debt seems highly manageable if you just create and stick to a budget."}
{"_id": "466104", "title": "", "text": "Lol I'm only a bitch on the internet and to guys who won't leave me alone at a bar. I'd die before I disrespected my boss. Even if I didn't get along with an employer/coworker/client, I'd swallow my tongue a thousand times and quit respectively before showing my bitchy side."}
{"_id": "466107", "title": "", "text": "I think I may have gotten my reasoning backwards, since beta can be thought of as just the quantification of the relationship in prices but in itself isn't the actual reason behind them.  Risk free are things such as Treasury bonds/bills."}
{"_id": "466121", "title": "", "text": "Honestly? The maximum number really doesn't matter. If you're investing long-term, you buy in when it looks like an OK deal (still undervalued but looks like it'll grow), and you sell when it looks like the stock has reached a peak it won't reach again for a while if ever. However many stocks you can keep track of on those kinds of terms is how many stocks should be in your portfolio."}
{"_id": "466122", "title": "", "text": "\"For me it's a pretty fine line.  I really hate when I go to a store and I have salespeople breathing down my neck the instant my foot touches the floor.  However, if I've been in a store for more than 5-10 minutes, especially if I've been hovering in one spot or over one time for the majority of that time, one would think that a salesperson would think \"\"Hey, maybe that dude wants to buy something and I should help him out.\"\"  I guess what irritates me most is the lack of common sense and courtesy displayed in these situations, although I can certainly understand that oftentimes it is merely someone following \"\"corporate policy\"\" in order to make enough money to get by or even keep their jobs.\""}
{"_id": "466138", "title": "", "text": "How did the house pass to them? Was it held in Trust? Were they both jointly listed on the deed? If no to both, then the house should have gone into probate..assuming this is going on in the US...where the probate court would reassign ownership. Until this happens the house cannot be sold and is formally owned by the estate. I agree with the former post suggesting you find an estate attorney in the area to see if this dispute can be amicably settled. Tying it up in litigation will be EXPENSIVE and take a great deal of time"}
{"_id": "466143", "title": "", "text": "Will there be a scenario in which I want to sell, but nobody wants to buy from me and I'm stuck at the brokerage website? Similarly, if nobody wants to sell their stocks, I will not be able to buy at all? You're thinking of this as a normal purchase, but that's not really how US stock markets operate. First, just because there are shares of stock purchased, it doesn't mean that there was real investor buyer and seller demand for that instrument (at that point in time).  Markets have dedicated middlemen called Market Makers (NASDAQ) or Specialists (NYSE), who are responsible to make sure that there is always someone to buy or sell; this ensures that all instruments have sufficient liquidity.  Market Makers and specialists may decide to lower their bid on a stock based on a high number of sellers, or raise their ask for a high number of buyers. During an investor rush to buy or sell an instrument (perhaps in response to a news release), it's possible for the Market Maker / specialist to accumulate or distribute a large number of shares, without end-investors like you or I being involved on both sides of the same transaction."}
{"_id": "466145", "title": "", "text": "\"Stocks (among other property) currently is allowed a \"\"stepped-up basis\"\" when valuing for estate tax purpose.  From the US IRS web page: To determine if the sale of inherited property is taxable, you must first determine your basis in the property. The basis of property inherited from a decedent is generally one of the following: The fair market value (FMV) of the property on the date of the decedent's death. The FMV of the property on the alternate valuation date if the executor of the estate chooses to use alternate valuation. See the Instructions for Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return. If you or your spouse gave the property to the decedent within one year before the decedent's death, see Publication 551, Basis of Assets. Your question continues \"\"the person that died still has to pay taxes on their profits in the year they died, right?\"\" Yes. The estate would be subject to tax on realized gains/losses prior to death.\""}
{"_id": "466146", "title": "", "text": "USPS is a private company entirely. We fulfill a government contract and receive zero tax dollars. It's more because we deliver to every house daily as it is, and our carriers almost all work more than 40 hours a week already, so there isn't a benefit to having us deliver that way since we go everywhere once a day anyways."}
{"_id": "466151", "title": "", "text": "\"My ass.  Government regulations are VERY necessary to ensure health and safety.  The free market can't decide everything.  What you are failing to realize is that sure, it's bad for business for a company to fuck over their customers, however that doesn't mean that people should have to get hurt, poisoned, or killed by \"\"bad\"\" businesses that haven't went under yet.  You sound like one of those ridiculously paranoid conservatives who think that Obama is an evil socialist.\""}
{"_id": "466161", "title": "", "text": "\"My husband made a similar car loan decision when he was younger and didn't have an established credit history / favourable credit rating.  As a result, he ended up paying triple what the car was worth, because of the interest. When we consolidated our finances, this ugly loan was first on our list of priorities to change, convert, eliminate, but unfortunately, in our case, the terms of the loan were such that only the lender benefited.  There was no incentive to pay off the loan early, in fact, we would have to have paid all the future interest at once, without saving a penny. So check the terms of your loan - hopefully you're better off than we were.  In our case, the only upside we could figure was the lesson of \"\"live and learn\"\"!\""}
{"_id": "466162", "title": "", "text": "Years ago, I had a tenant who bounced a check now and then. I started going to the bank where his account was. With my ID they were agreeable to cashing the check against his account. The teller first checked his balance and only cashed when there were enough funds. One time he was $10 short. I wrote a deposit slip and added the $10 it took to clear the check.  As they say, your mileage may vary, I hear some banks won't even break a large bill for a non customer."}
{"_id": "466176", "title": "", "text": "I don't know answers that would be specific to Canada but one of the main ETF funds that tracks gold prices is GLD (SPDR Gold Trust) another is IAU (iShares Gold Trust). Also, there are several ETF's that combine different precious metals together and can be traded. You can find a fairly decent list here on the Stock Encylopedia site."}
{"_id": "466178", "title": "", "text": "I agree, it's probably a good moment to buy.  I like Chipotle but you gotta agree there is an elevated risk of contamination if you don't use any pesticides/herbicides/antiobiotics on your products.  It can be managed but the risk is higher.   I'll put that risk in my mouth and chew it up most times rather than eat at a lot of other resautrants."}
{"_id": "466189", "title": "", "text": "\"This perhaps would be more proper as an edit to my previous comment. Nevertheless, I find the emotional content of your message telling and deserving of a standalone comment.  When I analyze the actual information content of what you have had to offer in this exchange, I found nothing. Rather, I found \"\"you are stupid\"\" and \"\"you lack intelligence\"\". Perhaps a little, \"\"you are an idiot\"\".  And this in response to a well-educated opinion: that the common misguided belief that this amorphous concept of \"\"luck\"\" gives lie to years of hard work, persistence and study.   You, my friend, are the idiot. You're someone who lacks any substantive contribution and tries to influence thought through intimidation. You're the debate about how many angels fit on the head of a pin. You are the living embodiment of dogmatism, so rooted in \"\"truth\"\", that the true thinking man finds pathetic.  But pardon me, I'm just trying to figure out how to tie my shoes.\""}
{"_id": "466196", "title": "", "text": "\"Yes, a HELOC is great for that. I just had my roof done last month (~$15K, \"\"ugh\"\") and pretty much every major contractor in my area had a 0% same-as-cash for at least 12 months. So that helps - any balance that I don't bank by 11/15/2015 will be on the HELOC.\""}
{"_id": "466197", "title": "", "text": "&gt; it is myth that companies can get a monopoly and raise prices by themselves. They require government to do it.  The only thing required is that a government exist to enforce private property rights. Once that is in place, then a company with sufficient funding can buy ownership of a vital natural resource. Once this has been accomplished, then there is little that any competitor can do to break this monopoly."}
{"_id": "466213", "title": "", "text": "\"You file taxes as usual. W2 is a form given to you, you don't need to fill it. Similarly, 1099. Both report moneys paid to you by your employers. W2 is for actual employer (the one where you're on the payroll), 1099 is for contractors (where you invoice the entity you provide services to and get paid per contract). You need to look at form 1040 and its instructions as to how exactly to fill it. That would be the annual tax return. It has various schedules (A, B, C, D, E, F, H, etc) which you should familiarize yourself with, and various additional forms that you attach to it. If you're self employed, you're expected  to make quarterly estimate payments, but if you're a salaried employee you can instruct your employer to withhold the amounts you expect to owe for taxes from your salary, instead. If you're using a tax preparation software (like TurboTax or TaxAct), it will \"\"interview\"\" you to get all the needed information and provide you with the forms filled accordingly. Alternatively you can pay someone to prepare the tax return for you.\""}
{"_id": "466217", "title": "", "text": "Deposit accounts lists savings rates for most of the online banks that offer savings accounts. Select one of the accounts with higher interest and you'll earn more on your money that you can with a savings account at Wells Fargo. You can transfer the money from Wells Fargo to one of the online lenders using electronic funds transfer.  If you plan to invest the money, you should consider what the purpose is long-term. If you don't plan on needing it for ~5 years or so you could consider a bond fund from Vanguard. Understand that while, this would be low risk, you could still lose money and this doesn't provide the same level of safety as a bank savings account from Wells Fargo or one of the online banks."}
{"_id": "466232", "title": "", "text": "And they get paid like everyone else. Is the worker more important than anyone else? Or are they equal? And as equals should they not pay the same rate for the same services as anyone else? Walmart doesn't treat you any different based on account status, neither does any other voluntary service provider. Why does an involuntary service provider get the right to discriminate based on success? McDonald's doesn't do a survey of the in store customers and make a segment pay more than another so they can eat for free. Im not sure how people can fight inequality by treating people unequally."}
{"_id": "466233", "title": "", "text": "Sometimes invested capital is expected to earn interest, I've seen this be a stipulation in LLC operating agreements and Corporate bylaws. I thought this arrangement looks a little less than fair. BTW I'm a college freshman, though I do the finances for my parents' regulatory compliance and governance consulting company. Anyhow, that's just my two cents."}
{"_id": "466239", "title": "", "text": "I shop there b/c of Kenmore.  For certain appliances and high-dollar items, Kenmore offers a quality product at a very affordable price point. My short-depth refrigerator w/ built-in icemaker/water dispenser is Kenmore and we saved hundreds of dollars over the next cheapest competitor w/ similar features.  Our vacuum cleaner is a Kenmore.  We used to own a Dyson and were unhappy w/ it's performance on carpet and bought a Kenmore that was about half the price we paid for the Dyson and does a better job at cleaning. We sold the Dyson in a garage sale.  As long as Sears continues to offer Kenmore appliances, I will always think of them first when I need to purchase an appliance."}
{"_id": "466249", "title": "", "text": "At first, that seems right. However, can you run 20 CNC mills while prospecting for new customers?  IF you're getting all that work from just a few customers then you still need to be prospecting simply because you're relying too much on  a few customers.  Sure, there are exceptions, to a degree. But they're few, and aren't much of exceptions once you dig in."}
{"_id": "466255", "title": "", "text": "You'd have to buy that information. Quoting from this page, Commercial Historical Data Higher resolution and more complete datasets are generally not available for free. Below is a list of vendors which have passed our quality screening (in total, we screened over a dozen vendors). To qualify, the vendor must aggregate data from all US national/regional exchanges as only complete datasets are suitable for research use. The last point is especially important as there are many vendors who just get data from a couple sources and is missing important information such as dark pool trades. They offer some alternatives for free data: Daily Resolution Data 1) Yahoo! Finance\u2013 Daily resolution data, with split/dividend adjustments can be downloaded from here. The download procedure can be automated using this tool. Note, Yahoo quite frequently has errors in its database and does not contain data for delisted symbols. 2) QuantQuote Free Data\u2013 QuantQuote offers free daily resolution data for the S&P500 at this web page under the Free Data tab. The data accounts for symbol changes, splits, and dividends, and is largely free of the errors found in the Yahoo data. Note, only 500 symbols are available unlike Yahoo which provides all listed symbols. And they list recommendations about who to buy the data from."}
{"_id": "466265", "title": "", "text": "\"&gt; Can we just focus on one?  No, because doing so is nonsensical.  You said \"\"sports\"\" and, in response to my comment that many sports are not dominated by just one race, you have chosen one that supports your argument.    Why don't black people dominate the most popular sport on the planet (soccer)?\""}
{"_id": "466272", "title": "", "text": "...so how does one consume an unlimited amount of goods or services in a limited period of time?  There pretty clearly is a finite amount of work to be done, but the whole conversation is a little silly, as we're nowhere near that point yet."}
{"_id": "466303", "title": "", "text": "No, given the circumstances, no tax due.  The fact that the wife wants cash makes my next comment moot, but for others - An IRA in either flavor belongs to the individual and cannot be gifted as such. But. Under a QDRO, a Qualified domestic relations order, the account may be transferred as an IRA. For a spouse who doesn't need immediate access and would prefer the gross amount and continued growth, this might be preferable to getting the cash. For a pretax IRA, cashing out the whole account can be costly compared to the partial distributions each year."}
{"_id": "466306", "title": "", "text": "&gt; I don't get why is this concept so hard to understand. Movie theaters aren't full 99.9% of time. Any additional customer they get because of this app doesn't cost them anything.  ... at the cost of cannibalizing sales that they *would* have made to people who have subscriptions..."}
{"_id": "466308", "title": "", "text": "Why not just roll over part of your IRA to a bank?  I don't know about Capital One, but Bank of America seems to offer a bank-based IRA.   In broker-based IRAs, the closest that I've seen to a savings account is a money market fund.  They often set those as the default investment until money is allocated to more specific funds.  It is conceivably possible that a money market could lose money, but it has never happened."}
{"_id": "466310", "title": "", "text": "&gt;The US government debt is how much USD the government has paid the US non-government in excess of what it's taxed them. Correct?  Incorrect.  The US debt/savings is the balance of credit the US government maintains with US banks, and foreign sovereigns/banks.  Why do you need to say it another way?    WTF is 'non-government' savings?  Other than an academically retarded way of saying  'debt' of course?  Its not a bad thing...  unless interest rates rise.  But this time is different, so that'll never happen.  I'm sticking to my initial assessment.  Fairyland."}
{"_id": "466315", "title": "", "text": "Why does the rising price of a bond pushes it's yield down? The bond price and its yield are linked; if one goes up, the other must go down. This is because the cash flows from the bond are fixed, predetermined. The market price of the bond fluctuates. Now what if people are suddenly willing to pay more for the same fixed payments? It must mean that the return, i.e. the yield, will be lower. Here we see that risk associated with the bonds in question has   skyrocketed, and thus bonds' returns has skyrocketed, too. Am I right? The default risk has increased, yes. Now, I assume that bonds' price is determined by the market (issued by   a state, traded at the market). Is that correct? Correct, as long as you are talking about the market price. Then who determines bonds' yields? I mean, isn't it fixed? Or - in the   FT quote above - they are talking about the yields for the new bonds   issued that particular month? The yield is not fixed - the cash flows are. Yield is the internal rate of return. See my answer above to your first question."}
{"_id": "466317", "title": "", "text": "buy a cashiers check with the cash (a CRT will be nec if over 10 K) and deposit the cashiers check"}
{"_id": "466334", "title": "", "text": "A nice little summary, but with regards to the closing comments. I don't see much reason to be hopeful for change/awareness.   Politicians are driven by lobbyists and election cycles. It is difficult to imagine a circumstance where policy makers would ever be inclined to pay attention to long term cycles, or this kind of basic economic philosophy."}
{"_id": "466338", "title": "", "text": "A single percentage figure makes little sense here as you are asking for a bunch of different things:"}
{"_id": "466339", "title": "", "text": "Phil Wombwell is an MBA graduate with work experience in World\u2019s best finance industries. This man has all the abilities to crack any deal with best financial decision. Phil is also a CEO of Mercury Partnerships London. This company provides best opportunities to their clients for best investment plans for extra benefit.for more visit https://pro.whitepages.com/bc-contact-us/"}
{"_id": "466342", "title": "", "text": "Another option, not yet discussed here, is to allow the loan to go into default and let the loaning agency repossess the property the loan was used for, after which they sell it and that sale should discharge some significant portion of the loan. Knowing where the friend and property is, you may be able to help them carry out the repossession by providing them information. Meanwhile, your credit will take a significant hit, but unless your name is on the deed/title of the property then you have little claim that the property is yours just because you're paying the loan. The contract you signed for the loan is not going to be easily bypassed with a lawsuit of any sort, so unless you can produce another contract between you and your friend it's unlikely that you can even sue them. In short, you have no claim to the property, but the loaning agency does - perhaps that's the only way to avoid paying most of the debt, but you do trade some of your credit for it. Hopefully you understand that what you loaned wasn't money, but your credit score and earning potential, and that you will be more careful who you choose to lend this to in the future."}
{"_id": "466371", "title": "", "text": "This answer comes from my interpretation of Publication 590 (2011), Individual Retirement Arrangements (IRAs) and particularly What Are Qualified Distributions? section. Please consult the sources yourself or with the help of a qualified professional before doing anything. First, note that due to the rollover loophole, you can take out the money and repay it within 60 days. Missing the deadline would mean paying the taxes on the withdrawal in addition to a 10% penalty. As per JoeTaxpayer's notes below, this applies to the earnings on the account only. The contributions themselves can be withdrawn without penalties (thanks, Joe!).  Second, you might qualify to withdraw 10k for a qualified first-home house purchase. Qualified, in this case, would mean first-time home purchase by yourself, your spouse, your child, parent, or grandchild, made within 120 days of withdrawal (see first home in the above document). Finally, nothing is mentioned about the withdrawal affecting your yearly contribution cap. Any new money coming into the account is new money counted towards the contribution cap (except for the 60 day loophole).  To answer your question then: you can make up the money only under the first scenario (60 day loophole). Qualified withdrawals allow you to avoid the penalties, but as far as I can tell, do not affect the contribution cap. There are a few other details that may depend on your age, reservist status, health, etc. Read the document carefully to see if any of those apply to you."}
{"_id": "466375", "title": "", "text": "Yes, I want data about Chinese opinion of Trump.  I\u2019ve provided data for India and many other countries.    I know asking a trumptards to back up what they say is a bit too much for you, but that\u2019s generally the standard required to make an educated assessment.    If I were you I\u2019d shut the fuck up about things I don\u2019t understand and can\u2019t support with data."}
{"_id": "466388", "title": "", "text": "I keep it simple. Here's what I learned when I took Personal Financial Planning: Insurance is for low likelihood, high-impact events."}
{"_id": "466403", "title": "", "text": "It looks like an improvement to me, if for no other reason than lowering the expenses. But if you are around 35 years away from retirement you could consider eliminating all bond funds for now. They will pay better in a few years. And the stock market(s) will definitely go up more than bonds over the next 35 years."}
{"_id": "466406", "title": "", "text": "Exactly, accounting for fat tails would already hugely improve the models. Something like a fractal distribution as argued by Taleb and Mandelbrot would be a step in the right direction.  Sadly using those models would undoubtedly identify (correctly) that banks have much more value at risk than they now estimate, so that basically it won't happen, because it would be costly for the bank."}
{"_id": "466430", "title": "", "text": "This comment makes zero sense. No one values equities from the balance sheet, unless you're trying to justify why you'd invest in sears or something (i.e. b/s vastly understates market value of real estate holdings and you're hoping for a liquidity event). Certainly not a tech company or really anything as a going concern."}
{"_id": "466440", "title": "", "text": "\"No. Fake news are lies and baseless claims where simple verifiable facts and logic can show them as such.  For example: \"\"Russians colluded with Trump to win the elections\"\".  Let's see: in July 2016 Trump won the GOP debate and was nominated by the GOP against 13 other career GOP politicians. And then he won the elections in November 2016.  Facts? Yes or no?  Are you saying that since July, the Russian managed to rig and twist the elections result for the choice, Trump, in November?  Or is it, for example, Hillary cheating on debate questions given to her by fake-news CNN, questions that Trump handled easily? If my son did such a thing on a test in 1st grade, he will be expelled from school.  [Here's you weekly doze of fake news and why they are fake news](https://www.reddit.com/r/The_Donald/comments/6tjcin/your_weekly_dose_of_fake_news/)\""}
{"_id": "466441", "title": "", "text": "\"Because behind closed doors these same \"\"green\"\" businesses who are doing it solely for financial gains are also lobbying politicians to ease environmental restrictions which drive up their costs.   Being \"\"green\"\" is nothing more than good PR for companies.\""}
{"_id": "466442", "title": "", "text": "\"Income from a hobby is tax exempt under Dutch law. To consider whether it's hobby, a few rules are applied such as: How much time do you spend on the activity? And is the hourly wage low? Obviously, having a boss is a sure sign of it not being a hobby. The typical example is making dolls and selling them on a crafts fair. If you travel the country and sell each weekend on a different fair, that's a lot of time. If you only sell them on the fair in your home town, it's a hobby.  Situation 3 is the most difficult. If you just happened to luck out, it's still a hobby. If you spent significant time to improve the value of your holdings, e.g. by trading in-game, then it might be seen as work. In the latter case, you simply file it as \"\"income from other sources, not yet taxed\"\".  For the purpose of determining income from a hobby, you may deduct actual expenses. So, in your case they'd look at the net income of $-1000, which is not unusual for a hobby. It wouldn't be any different if you took up horse riding, decided that you didn't like it, and sell your horse at a loss.\""}
{"_id": "466460", "title": "", "text": "**Have a business plan.** Even if this is just a piece of paper that you and your friend scratched on, you want a document that describes what you're going to do and how you're going to do it. Also have some note of how profits will be shared (most likely, this will be 50/50 but write it down!)  **Plan ahead and have some cash onhand.** Not every one of your expenses will be something you will know about in advance. Plan your expenses so that you have money to cover them, but also have an emergency fund (you can build this with the profits you get in the beginning) in case your rake breaks and you don't have a backup. Also, if you use your emergency fund, REPLACE IT.  **Trust each other and communicate.** All businesses should run on trust. You and your friend should trust that the other person is going to work hard and put in the work. If you don't trust that he will show up on time, the burden falls to you and you will need to work harder. If you're having problems with him, trust that you'll be able to approach him (be tactful and respectful though) and work it out.   **Have fun.** Ultimately, starting a business like this should be fun. Yes, the work may seem like a drag, but if you and your friend are able to have fun while working you'll enjoy it more and it won't seem so bad. Also, don't be afraid to spend your profits on yourselves. I'm not saying blow every dollar you make, but going to dinner or going to see a movie together with your hard earned profits from that day's work can make it all worth it.  These are just some ideas that I came up with at my desk at work. If you have any other questions, feel free to PM me. I'm happy to help out. Good luck!"}
{"_id": "466465", "title": "", "text": "\"Well, you're a rarity, then. Every manager I've spoken to (and my personal experience on the hiring side) would indicate that it's a negative. The most common one being \"\"Does this candidate really have nothing else relevant that they could have put on their resume?\"\"  It's totally trivial to make a couple months \"\"vanish\"\" on a resume. Yeah, it could come up in an interview, but at that point the resume has largely already done its job. Outside of entry level positions, having a fast food job on your resume is not going to do you favors.\""}
{"_id": "466472", "title": "", "text": "\"Most mutual funds are designed to make the investment banks that sell them money, not to make investers money. They do this by taking significant fees out. Because they make lots of money on these funds, they advertise them a lot, and give them important-sounding names, like \"\"Advanced technology global diversity long term appreciation\"\".  Index funds are the exception; they attempt to mirror the performance of a specific index (such as the S&P 500 index). They generally have very low fees.\""}
{"_id": "466498", "title": "", "text": "Yeah but that would mean Congressmen would need to do something different than what the pharmaceutical companies pay them to do.    They best way to fix health care isn\u2019t by attacking corporate profits.   It\u2019s by cutting health care funding, insurance and services.    At least that\u2019s what I\u2019ve learned on Fox News.  Hope I have it right."}
{"_id": "466507", "title": "", "text": "\"American Express is great for this use case -- they have two user roles \"\"Account Agent\"\" and \"\"Account Manager\"\" which allow you to designate logins to review your account details or act on your behalf to pay bills or request service. This scheme is designed for exactly what you are doing and offers you more security and less hassle. More details here.\""}
{"_id": "466524", "title": "", "text": "I remember buying my first computer from Sears, a Compaq. How things changed blazing around on a 56k, 300 MHz K6, back before Napster was a thing,  Yahoo was wrecking AOL, and A/S/L was at the beginning of every chat log.  Keeping my computer on all night to download funny wave files to save on floppy, oh yes, times were a changing.  I can still imagine the dialup sounds burned into my memory, and dreamt of ram upgrades."}
{"_id": "466529", "title": "", "text": "Not really. I benefit from the very rich and so do you. 2/3 of the 1% are self-made or semi-self made billionaires, and we all benefit from the technologies, businesses, and organisations etc. they have created and continue to create. They are some of the most productive people on earth.  Secondly, by investing their assets - they enable other's to get investments for their businesses to grow, because they are willing to take risks, most of us can't or won't. You can rob them once for a small time gain, many countries have attempted this, and then found out with the smartest people disincentivized to work, the country grinds to a halt, and slips towards poverty."}
{"_id": "466545", "title": "", "text": "Confused on why everyone seems to think there is going to be like one or two companies controlling it all. There is an insane amount of people in the US and on this planet there is room for many many companies doing essentially the same thing."}
{"_id": "466552", "title": "", "text": "I'd keep the risk inside the well-funded retirement accounts. Outside those accounts, I'd save to have a proper emergency fund, not based on today's expenses, but on expenses post house. The rest, I'd save toward the downpayment. 20% down, with a reserve for the spending that comes with a home purchase.  It's my opinion that 3-5 years isn't enough to put this money at risk."}
{"_id": "466556", "title": "", "text": "Probably not because everywhere you go everyone is understaffed. Although they can just increase wages and poach from everyone else, if everyone else matched them, the same issue would occur. I know people who quit the same pizza store 20 times and can get a job any time."}
{"_id": "466565", "title": "", "text": "Generally these are public companies set up to do some particular thing and get revenue from use.  And yes, the elected representatives signed the municpalities on to these things.   If you co-sign a loan, sooner or later you may have to pay up."}
{"_id": "466576", "title": "", "text": "\"Model 3 passed all regulatory requirements for production two weeks ahead of schedule. Expecting to complete SN1 [Serial Number 1] on Friday, Tesla (NASDAQ:TSLA) CEO Elon Musk tweeted on Sunday.  \"\"Handover party for first 30 customer Model 3's on the 28th! Production grows exponentially, so Aug should be 100 cars and Sept above 1500... Looks like we can reach 20,000 Model 3 cars per month in Dec.\"\"  The car, which already has over 400,000 pre-orders, is Tesla's cheapest vehicle to date - starting at $35,000.  TSLA +3% premarket\""}
{"_id": "466587", "title": "", "text": "\"Fundamentals:  Then remember that you want to put 20% or more down in cash, to avoid PMI, and recalculate with thatmajor chunk taken out of your savings.  Many banks offer calculators on their websites that can help you run these numbers and figure out how much house a given mortgage can pay for. Remember that the old advice that you should buy the largest house you can afford, or the newer advice about \"\"starter homes\"\", are both questionable in the current market. =========================== Added:  If you're willing to settle for a rule-of-thumb first-approximation ballpark estimate: Maximum mortgage payment: Rule of 28. Your monthly mortgage payment should not exceed 28 percent of your gross monthly income (your income before taxes are taken out).  Maximum housing cost: Rule of 32. Your total housing payments (including the mortgage, homeowner\u2019s insurance, and private mortgage insurance [PMI], association fees, and property taxes) should not exceed 32 percent of your gross monthly income. Maximum Total Debt Service: Rule of 40. Your total debt payments, including your housing payment, your auto loan or student loan payments, and minimum credit card payments should not exceed 40 percent of your gross monthly income. As I said, many banks offer web-based tools that will run these numbers for you. These are rules that the lending industy uses for a quick initial screen of an application. They do not guarantee that you in particular can afford that large a loan, just that it isn't so bad that they won't even look at it. Note that this is all in terms of mortgage paymennts, which means it's also affected by what interest rate you can get, how long a mortgage you're willing to take, and how much you can afford to pull out of your savings. Also, as noted, if you can't put 20% down from savings the bank will hit you for PMI. Standard reminder: Unless you explect to live in the same place for five years or more, buying a house is questionable financially. There is nothing wrong with renting; depending on local housing stock it may be cheaper. Houses come with ongoung costs and hassles rental -- even renting a house -- doesn't. Buy a house only when it makes sense both financially and in terms of what you actually need to make your life pleasant. Do not buy a house only because you think it's an investment; real estate can be a profitable business, but thinking of a house as simultaneously both your home and an investment is a good way to get yourself into trouble.\""}
{"_id": "466591", "title": "", "text": "That is what happens when you graduate during a recession. I just missed graduating during the last one with a Comp. Sci. degree. I still had no problems finding the internships during the height of the last recession. With the experience and a degree I was hired the week after graduation. I don't know where you live or where you graduated from, but I do know geography has much to do with your employability."}
{"_id": "466592", "title": "", "text": "I'm as liberal as they come, but paying cops to work as flaggers is fucking stupid and I see it ALL the goddamn time in NY.   and usually they're shitty flaggers. they just park a squad car at the site turn on the flashers and play video games all day"}
{"_id": "466619", "title": "", "text": "Any fee based financial adviser should be able to help you. I don't think you need to worry about finding a 401K specific adviser. I'm not even sure that's a thing. A good place to start is the National Association of Personal Financial Advisors. The reason I specifically mentioned a fee based adviser is that the free ones are working on sales commissions, which may influence them to give advice that is in their own best interest more than yours."}
{"_id": "466625", "title": "", "text": "No, it doesn't, but overhead of a worker adds up. We are talking taxes, health insurance now, and tons of restrictions and safety issues that OSHA would come after me for, for being an employer. That, and I run the risk of getting an employee that manages to crash tooling all the time, which I lose money on. If I fire him, I'd have to cover unemployment, and the list goes on. That's something that was not mentioned in the article."}
{"_id": "466626", "title": "", "text": "\"Couple points: 1) Since the Roth is after tax, you can effectively contribute more than you could with the Traditional IRA before hitting the limits. So in your example, if you had extra money you wanted to invest in an IRA, you could invest up to $1,750 more into the Roth but only $500 more into the Traditional (current limits are $5,500 per year for single filers under 50). Your example assumes that you have exactly $3,750 in spare money looking for an IRA home.  2) The contributions (but not earnings) can be withdrawn from the Roth at any time, penalty and tax free.  3) The tax rate \"\"lock-in\"\" can be significant, especially early on when you are at a relatively low tax bracket, say 15%, but expect to be higher at retirement.  4) Traditional IRAs and 401(k) are taxed as ordinary income, so you go through the tax brackets. Even if the marginal rate is 25%, the effective rate may be lower. If you have a Roth, conceivably you could reduce the amount you need to withdrawal from the Trad IRA/401(k) to reduce the effective tax rate on those (of course subject to minimum distributions and all that). This is more an argument to have a mix of pre- and post-tax retirement accounts than strictly a pro-Roth reason.\""}
{"_id": "466627", "title": "", "text": "It is said that behind every successful man is a great woman. This saying applies in the world of fashion, too, albeit with a few tweaks to it: behind every successful designer or fashion brand is a dependable fashion publicist from a trusted PR agency."}
{"_id": "466640", "title": "", "text": "\"Software or any online service fits this category I suppose.  There are two apps I pay for that are \"\"free.\"\" Evernote and Pandora.  Evernote is free for 40MB, $45/yr for 500MB/mo transfer. Pandora is free for 40hrs/mo, $36/yr unlimited. When I use a free product and hit the limit it's a sign to me that I value that product and the owners deserve to get paid. To me, both products provide value that's well above the cost they are asking. In this case, both products are annual subscriptions, but offer monthly as well.  You don't mention the type of product you have, the two I listed are similar in billing type, but very difference end uses. The question is - How do you provide value and make your customers want to pay you?  BTW - the ~$40/yr give or take, seems a good price point. Under $50, it feels a fair price to pay for a useful product.\""}
{"_id": "466642", "title": "", "text": "Don\u2019t you hate this shit? Whenever there\u2019s a business-related or pharmaceutical company article posted on reddit, I try not to read the comments. It\u2019s too frustrating to read all of the comments like the one you responded to. People with no business education or general knowledge of natural economic laws just spewing shit out of their mouths. People with no real understanding of what they\u2019re actually talking about or the real implications of their proposals, but they have an opinion on something that\u2019s been in the news somewhat recently so by god they\u2019re gonna tell you how the fuck it should be!"}
{"_id": "466648", "title": "", "text": "sales is hard or harder than that.  finding quality sales people is even harder  top sales people are like hired guns who could easily work for your competition.  they must be paid plenty to keep them selling/motivated and also to not bolt away  sales people keep score with money  most all other jobs are significantly easier to fill and maintain"}
{"_id": "466654", "title": "", "text": "Honestly this part of the show shouldn't confound people as much as it seems to be. Cersei might be repaying to pave the way for an even larger loan. She might be repaying to maintain diplomatic/trade relations or retain one of the few material allies she still has. Plus it's best to fence the merch when it's hot. Or she might be paying because she's genuinely worried about interest of all things. This whole magical war might be the end of our story, but Cersei doesn't see at as the end of hers (and no monarch would).  Historically, monarchs are playing a much longer con than just the single war. King Charles II of England spent a fortune on multiple failing wars before finances got out of hand and he declared his debts illegal (it's good to be the king I guess).  These days, things are substantially more complicated. Manipulating prime interest rates is a much more subtle tool that has thus far lead to more stable economies. Defaulting on debt like King Chuck would lead to a serious shock to your system, since every state is so interconnected these days. So they use finer controls to maintain a much larger economy (think bow thrusters on a container ship instead of oars on a canoe)."}
{"_id": "466661", "title": "", "text": "ANNUAL WEBSITE MAINTENANCE Website maintenance prices need not be high. It is easier to hand over the website maintenance to professionals rather than giving stress to your head with the technological nitty gritties of maintaining a website.   We have flexible packages for monthly and yearly maintenance of websites that don't cost you much. We even have a once-in-while website maintenance package wherein you only pay when you do updates which controlls website maintenance cost. Additionally, we take up Web Maintenance for the smooth functioning of your site and to keep you on top of the search engines at a reasonable cost.   Web Promotions includes a lot of dedicated work for long period of time. Continuous work is required on your website to enable it maintain its top rank in the search engines and keep giving you business all through the year.  Website Maintenance Packages / Prices Techevolution Digital offers you a complete package of web site design, domain hosting and maintenance of your website or portal. Our professional web site or portal maintenance services are of two types.   The first includes free web maintenance for a period of One year for all those website developed by us, as we take up a web site maintenance contract of one whole year. This plan is complete in itself and undertakes website design and development and maintenance of your web site.   The other web site maintenance plan is a regular web maintenance service plan that we provide to people who already own a website but want some professional maintenance of their website. This is too less web site maintenance plan and cost you only Rs. 5250 per month. Under this scheme or plan we not only maintain your existing webpages but also add any new pages or information that you may need to add from time to time. The above web site maintenance cost may be increased if the work is higher under maintenance and update of a website. In such cases the web site maintenance cost/fee will go up and our portal maintenance prices will be calculated by the man-hours spent in updating such a website. We give you the option of a fixed web maintenance cost under some selected packages."}
{"_id": "466669", "title": "", "text": "Do you photograph details and family group photos? Yes! Your wedding videography collection would not be complete without them, and we take all the videography you would expect from a traditional wedding videography. We then exceed those expectations to give you images you could never have wedding videography. Valuing each couple as if they were our only customer, we give personalized attention because we genuinely care."}
{"_id": "466673", "title": "", "text": "It is a highly competitive market with many local competitors who already understand the shopping habits of the Chinese, which are very different to those of consumers in the Western world. Chinese platforms such as Taobao and Tmall dominate the shopping world in China, so it is crucial to understand exactly how these platforms run in order to successfully market your own brand.  One of the biggest problems that you will initially face when entering the Chinese market is that, as a business entering from the outside, you are essentially invisible to the Chinese market. You have no existing reputation within China, and any existing reputation you have is not guaranteed to help you.  As China is cut off from the rest of the world by the \u2018great firewall\u2019 (no access to Facebook, Twitter, Instagram, Google, etc), there is no way in which Chinese consumers will be able to research your company on it\u2019s existing platforms and therefore gain an idea of any previous reputation your business may have.  So what is the solution? Start by building your reputation and visibility on Chinese platforms in order to ultimately drive leads and sales. Below are some essential tips on how to start doing this successfully.     BAIDU DOMINATES ONLINE Currently, there are an estimated 900 million internet users across China, with most users spending 1.5 hours a day just browsing. Baidu is the most popular search engine across China. Think of it as \u2018the Google of China\u2019.  This site is where 70% of all online research is carried out, so it is important to become visible in the search results through SEO (search engine optimisation), you need to build backlinks, produce quality content and audit the site for Chinese keyword searches to rank highly in the results over time. Baidu also brings the opportunity of paid advert links and banner ads, both very effective ways of reaching a wider audience. SOCIAL MEDIA IS A NECESSITY OF LIFE As the most popular social media app across China, it is imperative that your company becomes familiar with the inner workings of Wechat. Wechat is fundamentally a social media app, which allows the user to chat to friends, post photos and make free calls, however, it allows so much more than that. Booking cinema tickets, taxis, flights, topping up mobile phone credit, paying bills and even paying in store through Wechat pay are all possible.  Many local and foreign companies already successful in China have official accounts on Wechat. An official account acts like a mini site, or an E store. You can personalise it to reflect the vibe of your brand, so an eye catching, professional looking account is key.  An official account also allows the user to shop. Shopping in this way is becoming increasingly popular with the Chinese, as it is so quick and straightforward with payment being taken straight from your Wechat wallet. Many companies now also offer customer service through Wechat. Again, this is highly advisable as this is a service many Chinese consumers will now look for as it is quick and direct.  Weibo is another popular social media app used across China. Think of Weibo as \u2018the Twitter of China\u2019. Weibo is an open network site so users can see posts from anyone without being their friend or following them. Similar to Twitter, Weibo can be an excellent way to market your company by sharing the latest updates, offers, promotions etc. Your followers can also start to share your content helping your company\u2019s reputation spread by word of mouth.  [Read more](https://marketingtochina.com/market-new-business-china)"}
{"_id": "466678", "title": "", "text": "The I-9 form is required because you are working. It is kept by the employer as proof that you have the proper documents to work. If the government was to inspect their records they can be fined if they don't have those document, in fact they have to keep them for several years after your employment is done. A w-4 form is a federal tax form. There also was probably a state version of the form.  When you completed the w-4 it is used by your employer to determine how much in taxes need to be withheld. Employers don't know your tax situation. Even though you are on work study, you still could have made enough money over the summer to pay taxes. But if this is your only job, and you will not make enough money to have to pay taxes, you can fill out the form as exempt. That means that last year you didn't make enough money to have to pay taxes, and you don't expect to make enough to have to pay taxes this year. If you are exempt, no federal income tax will be withheld. They might still withhold for social security and medicare. The state w-4 can also be used to be exempt from state taxes. If they withhold any income taxes you have to file one of the 1040 tax forms to get that income tax money back. You will have to do so for the state income tax withholding.  A note about social security and medicare. If you have an on campus job, at the campus you attend, during the school year; they don't withhold money for social security and medicare. That law applies to students on work study jobs, and on non-work-study jobs. for single dependents the federal threshold where you must file is: > You must file a return if any of the following apply. Your gross income was more than the larger of\u2014 a. $1,000, or b. Your earned income (up to $5,850) plus $350."}
{"_id": "466692", "title": "", "text": "\"A \"\"bad customer\"\" isn't someone who needs a lot of support due to a situation like Bob's.   \"\"Bad customer\"\" is someone who generates work. You get nothing but complaints, everything is about how fucked up your software is, etc, etc, etc. It might also be a customer who's trying to use your product wrong.   There are also customers that really are resource pits. Note that after that one call, they never heard from Bob again. In fact, a customer that calls for two hours a month would use more than Bob did over the course of the year. So if Bob called back the next day to ask about setting up a printer, and the next day to set up internet connectivity, and the day after that for help with the Windows setup thing again, and the next day for more printer help... then you start to get into evaluating the value of the customer.   There's some judgement involved here - the CEO felt that if he got Bob up and running, then Bob would be good to go (and he was right).\""}
{"_id": "466707", "title": "", "text": "Strictly from a fastest payback standpoint, the rule is to make all minimum payments and send any extra funds to the highest interest loan next.  This will result in the lowest interest paid each year.  The decision to consolidate depends on the impact it will have to both your payment and overall payoff schedule. It sounds like your priority might need to be cash flow and not overall savings. e.g. taking a 4% loan that has a high payment, but stretching it over more time can lower the payment, even at a bit higher rate. You just need to be aware of the cost and decide based on what you can live with. I hope you are in a good field that would see improvements to your income over these next few years."}
{"_id": "466711", "title": "", "text": "Because buying at discount provides a considerable safety of margin -- it increases the likelihood of profiting. The margin serves to cushion future adverse price movement. Why is so much effort made to get a small percentage off an   investment, if one is then willing to let the investment drop another   20% or more with the reason of being in it for the long term? Nobody can predict the stock price. Now if a long term investor happens to buy some stocks and the market crashes the next day, he could afford to wait for the stock prices to bounce back. Why should he sells immediately to incur a definite loss, should he has confidence in the underlying companies to recover eventually? One can choose to buy wisely, but the market fluctuation is out of his/her control. Wouldn't you agree that he/she should spend much efforts on something that can be controlled?"}
{"_id": "466712", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in San Jacinto CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Title Loans San Jacinto CA 22415 Alessandro Ave N, San Jacinto, CA 92583 (951) 474-0011 sjtitleloans3@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-san-jacinto-ca/"}
{"_id": "466718", "title": "", "text": "\"From the poster's description of this activity, it doesn't look like he is engaged in a business, so Schedule C would not be appropriate. The first paragraph of the IRS Instructions for Schedule C is as follows: Use Schedule C (Form 1040) to report income or loss from a business   you operated or a profession you practiced as a sole proprietor. An   activity qualifies as a business if your primary purpose for engaging   in the activity is for income or profit and you are involved in the   activity with continuity and regularity. For example, a sporadic   activity or a hobby does not qualify as a business. To report income   from a nonbusiness activity, see the instructions for Form 1040, line   21, or Form 1040NR, line 21. What the poster is doing is acting as a nominee or agent for his members. For instance, if I give you $3.00 and ask you to go into Starbucks and buy me a pumpkin-spice latte, you do not have income or receipts of $3.00, and you are not engaged in a business. The amounts that the poster's members are forwarding him are like this.  Money that the poster receives for his trouble should be reported as nonbusiness income on Line 21 of Form 1040, in accordance with the instructions quoted above and the instructions for Form 1040. Finally, it should be noted that the poster cannot take deductions or losses relating to this activity. So he can't deduct any expenses of organizing the group buy on his tax return. Of course, this would not be the case if the group buy really is the poster's business and not just a \"\"hobby.\"\" Of course, it goes without saying that the poster should document all of this activity with receipts, contemporaneous emails (and if available, contracts) - as well as anything else that could possibly be relevant to proving the nature of this activity in the event of an audit.\""}
{"_id": "466720", "title": "", "text": "One additional note related to Roth vs regular: for a regular 401k or IRA, you pay the 10% penalty on any withdrawal.  For a Roth, you can withdraw the contributions early (but not the earnings) without any penalty or tax. Of course, if this is a retirement account it's better to leave it that way.  Personally it's one reason I avoid Roth - in addition to probably being in a higher bracket now, I also would prefer not to be able to touch my money.  But for some there could be advantages in having that ability (such as in an emergency)."}
{"_id": "466742", "title": "", "text": "Disadvantages: Advantages: In my opinion, the convenience and price (free!) of online options make doing your taxes online worth the negligible risks."}
{"_id": "466745", "title": "", "text": "but I can't help but feel that these low rates are somehow a gimmick   to trick people into taking out loans Let me help you: it's not a feeling. That's exactly what it is. Since the economy is down, people don't want to jeopardize what they have, and keep the cash in their wallets. But, while keeping the money safe in the pocket, it makes the economy even worse. So in order to make people spend some money, the rates go down so that the cost of money is lower. It also means that the inflation will be on the rise, which is again a reason not to keep money uninvested. So yes, the rates are now very low, and the housing market is a buyers' market, so it does make sense to take out a loan at this time (provided of course that you can actually repay it over time, and don't take loans you can't handle). Of course, you shouldn't be taking loans just because the rates are low. But if you were already planning on purchasing a house - now would be a good time to go on with that."}
{"_id": "466751", "title": "", "text": "I'm not familiar with this guy.  I think he's right about there being a cultural separation between the classes.  But I also think it was pretty telling that this bourgeois dude interpreted a high school graduate's sticker shock as bewilderment and awe with something beyond baloney sandwiches."}
{"_id": "466752", "title": "", "text": "Exactly. It's in no country's interest, neither the average American's interest, for the US to be such a major military superpower. At this point the US is simply a giant bully, which will threaten any country that doesn't do things their way."}
{"_id": "466773", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.scmp.com/magazines/post-magazine/long-reads/article/2116027/coin-stash-puts-new-spin-chinas-100-years) reduced by 97%. (I'm a bot) ***** &gt; Other scholars have written about the impact of the Qing devaluations on social and economic disarray, but Burger is the first to display the entire sweep mint by mint, coin by coin.  &gt; Even with his initial stash, Burger ran into a road&amp;shy;block with the Qianlong Emperor&amp;#039;s reign, which lasted 61 years, from 1735 to 1796, and during which multiple mints were operated in each province.  &gt; Based on his doctoral dissertation, the earlier book used Burger&amp;#039;s massive coin collection to demonstrate the changes introduced each year by each mint in the &amp;quot;mother cash&amp;quot;, which was used to imprint the coins.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/786ayu/wmaf_couple_keeps_rare_qing_dynasty_money_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233349 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Burger**^#1 **coin**^#2 **Cash**^#3 **Chinese**^#4 **Qing**^#5\""}
{"_id": "466774", "title": "", "text": "It's like an arms race.  One side makes an advance, the other side comes up with a counter.  Rinse and repeat.  My two cents is chemicals aren't the answer for either fertilizer or pest and weed control.  You need pest and weed resistant plants that can basically take care of themselves."}
{"_id": "466777", "title": "", "text": "One thing I've always done is purchase things only through Amazon. And when I feel the need to buy something, I add it to my shopping cart, but not checkout. I do my best to always wait at least a few days before going through checkout. Adding it to my cart fills the need in my head for owning that thing. I've found if I wait a few days, my need to own it goes away enough so that I often end up not buying it."}
{"_id": "466778", "title": "", "text": "Considering that it's common for the monthly mortgage payment to be 25% of one's income, it's an obvious advantage for that monthly burden to be eliminated.  The issue, as I see it, is that this is the last thing one should do in the list of priorities: The idea of 'no mortgage' is great. But. You might pay early and have just a few years of payments left on the mortgage and if you are unemployed, those payments are still due. It's why I'd suggest loading up retirement accounts and other savings before paying the mortgage sooner. Your point, that rates are low, and your expected return is higher, is well presented. I feel no compulsion to prepay my 3.5% mortgage.  As the OP is in Canada, land of no mortgage interest deduction, I ignore that, till now. The deduction simply reduces the effective rate, based on the country tax code permitting it. It's not the 'reason' to have a loan. But it's ignorant to ignore the math."}
{"_id": "466790", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/bestof] [\\/u\\/rawketscience explains why people choose to go to Applebee's.](https://np.reddit.com/r/bestof/comments/6tftwb/urawketscience_explains_why_people_choose_to_go/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "466806", "title": "", "text": "\"2.47% is a really, really good rate, doubly so if it's a fixed rate, and quadruply so if the interest is tax-deductible. That's about as close to \"\"free money\"\" as you're ever going to get. Heck, depending on what inflation does over the next few years, it might even be cheaper than free. So if you have the risk tolerance for it, it's probably more effective to invest the money in the stock market than to accelerate your student loan payoff. You can even do better in the bond market (my go-to intermediate-term corporate bond fund is yielding nearly 4% right now.) Just remember the old banker's aphorism: Assets shrink. Liabilities never shrink. You can lose the money you've invested in stocks or bonds, and you'll still have to pay back the loan. And, when in doubt, you can usually assume you're underestimating your risks. If you're feeling up for it, I'd say: make sure you have a good emergency fund outside of your investment money - something you could live on for six months or so and pay your bills while looking for a job, and sock the rest into something like the Vanguard LifeStrategy Moderate Growth fund or a similar instrument (Vanguard's just my personal preference, since I like their style - and by style, I mean low fees - but definitely feel free to consider alternatives). You could also pad your retirement accounts and avoid taxes on any gains instead, but remember that it's easier to put money into those than take it out, so be sure to double-check the state of your emergency fund.\""}
{"_id": "466835", "title": "", "text": "\"This is several questions wrapped together: How can I diplomatically see the company's financial information? How strong a claim does a stockholder or warrantholder have to see the company's financials? What information do I need to know about the company financials before deciding to buy in? I'll start with the easier second question (which is quasi implicit).  Stockholders typically have inspection rights.  For example, Delaware General Corporate Law \u00a7 220 gives stockholders the right to inspect and copy company financial information, subject to certain restrictions. Check the laws and corporate code of your company's state of incorporation to find the specific inspection right.  If it is an LLC or partnership, then the operating agreement usually controls and there may be no inspection rights.  If you have no corporate stock, then of course you have no statutory inspection rights.  My (admittedly incomplete) understanding is that warrantholders generally have no inspection rights unless somehow contracted for.  So if you vest as a corporate stockholder, it'll be your right to see the financials\u2014which may make even a small purchase valuable to you as a continuing employee with the right to see the financials.  Until then, this is probably a courtesy and not their obligation. The first question is not easy to answer, except to say that it's variable and highly personal for small companies.  Some people interpret it as prying or accusatory, the implication being that the founders are either hiding something or that you need to examine really closely the mouth of their beautiful gift horse.  Other people may be much cooler about the question, understanding that small companies are risky and you're being methodical.  And in some smaller companies, they may believe giving you the expenses could make office life awkward. If you approach it professionally, directly, and briefly (do not over-explain yourself) with the responsible accountant or HR person (if any), then I imagine it should not be a problem for them to give some information.  Conversely, you may feel comfortable enough to review a high-level summary sheet with a founder, or to find some other way of tactfully reviewing the right information. In any case, I would keep the request vague, simple, and direct, and see what information they show you.  If your request is too specific, then you risk pushing them to show information A, which they refuse to do, but a vague request would've prompted them to show you information B.  A too-specific request might get you information X when a vague request could have garnered XYZ.  Vague requests are also less aggressive and may raise fewer objections. The third question is difficult to say.  My personal understanding is some perspective of how venture capitalists look at the investment opportunity (you didn't say how new this startup is or what series/stage they are on, so I'll try to stay vague). The actual financials are less relevant for startups than they are for other investments because the situation will definitely change.  Most venture capital firms like to look at the burn rate or amount of cash spent, usually at a monthly rate.  A high burn rate relative to infusions of cash suggests the company is growing rapidly but may have a risk of toppling (i.e. failing before exit).  Burn rate can change drastically during the early life of the startup.  Of course burn rate needs the context of revenues and reserves (and latest valuation is helpful as a benchmark, but you may be able to calculate that from the restricted share offer made to you).  High burn rate might not be bad, if the company is booming along towards a successful exit. You might also want to look at some sort of business plan or info sheet, rather than financials alone.  You want to gauge the size of the market (most startups like to claim 9- or 10-figure markets, so even a few percentage points of market share will hit revenue into the 8-figures).  You'll also have to have a sense for the business plan and model and whether it's a good investment or a ridiculous rehash (\"\"it's Twitter for dogs meets Match.com for Russian Orthodox singles!\"\").  In other words, appraise it like an investor or VC and figure out whether it's a prospect for decent return.  Typical things like competition, customer acquisition costs, manufacturing costs are relevant depending on the type of business activity. Of course, I wouldn't ignore psychology (note that economists and finance people don't generally condone the following sort of emotional thinking).  If you don't invest in the company and it goes big, you'll kick yourself.  If it goes really big, other people will either assume you are rich or feel sad for you if you say you didn't get rich.  If you invest but lose money, it may not be so painful as not investing and losing out the opportunity.  So if you consider the emotional aspect of personal finance, it may be wise to invest at least a little, and hedge against \"\"woulda-shoulda\"\" syndrome.  That's more like emotional advice than hard-nosed financial advice. So much of the answer really depends on your particular circumstances.  Obviously you have other considerations like whether you can afford the investment, which will be on you to decide.  And of course, the \u00a7 83(b) election is almost always recommended in these situations (which seems to be what you are saying) to convert ordinary income into capital gain.  You may also need cash to pay any up-front taxes on the \u00a7 83(b) equity, depending on your circumstances.\""}
{"_id": "466845", "title": "", "text": "There are a few ETFs that fall into the money market category: SHV, BIL, PVI and MINT.  What normally looks like an insignificant expense ratio looks pretty big when compared to the small yields offered by these funds. The same holds for the spread and transaction fees. For that reason, I'm not sure if the fund route is worth it."}
{"_id": "466851", "title": "", "text": "I stand by my original comment.  The push for 10G switching (and 40, and 100...) does NOT come from Facebook.  It comes from everywhere.  Service providers, telcos, and just about everyone who operates a datacentre.  It is the fastest growing segment of the L2-3 switching market (for reasons that should be clear to everyone).  Opencompute is a nice enough project, but hardly unique, and it's not going to change the world - it's focussed very much on specific workloads that suit Facebook and similar companies, but it's not going to change the datacentre as we know it.  I also think it's a big waste of resources on Facebook's part.  There are many manufacturers that create similar hardware and/or will do so on your behalf, rather than distracting yourself with non-core competencies for tiny margins of efficiency."}
{"_id": "466854", "title": "", "text": "&gt; And operating machinery, equipment, etc while high is the same as doing so while drunk or otherwise impaired.  I agree, I never said it isn't.   &gt; And yes, plenty of corporate cokeheads and pill poppers would look down on pot smokers too, and try to tell you that heir drug of choice made them more productive.  I think pot smokers do the same.   The issue comes down to that it has some effects and I would rather not employ a smoker. There are other issues as well."}
{"_id": "466867", "title": "", "text": "When choosing a doctor, we often ask friends and family who\u2019ve had experience with him / her. If you want to buy a car you\u2019ll most probably consult review websites that feature customer feedback about the specific dealer. The same applies to web development. Let\u2019s say one is looking for competent Web development Gatineau services. A good idea would be to review its body of work and customer reviews."}
{"_id": "466883", "title": "", "text": "\"Note: the answer below is speculative and not based on any first-hand knowledge of pump-and-dump schemes. The explanation with spamming doesn't really makes sense for me. Often you see a stock jump 30% or more in a single day at a particular moment in time. Unlikely that random people read their emails at that time and decide to buy. What I think happens is the pumper does a somewhat risky thing: starts buying a lot of shares of a stock that has declined a lot and had low volumes during the previous days. As the price starts to increase other people start to notice the jump and join the buying spree (also don't forget that some probably use buy-stop orders which are triggered when the price reaches a particular level). Also there should be some automatic trading involved (maybe HFT firms do pump-and-dumps) as you have to trade a big volume in a relatively short time span. I think it is unlikely to be done by human operators. Another explanation would be that there is a group of pumpers (to spread the risk so to speak). Update: As I think more of it, it is not necessary to buy \"\"a lot of shares\"\". You could buy some shares, sell them to another pumper and buy from them again at a higher price in several iterations. I think this could also work if you do it fast enough. These scheme makes sense only you previously bought many shares at the low price, possibly during several weeks. Once the price is pumped high enough you can start selling the shares you previously bought (in the days preceding the pump).\""}
{"_id": "466887", "title": "", "text": "Have you recently heard of the fantastic high altitude training from your friend? Do you want to start the training as well? Contact us, Melbourne Altitude Training, we have the best High altitude trainers who have been training many people since years. Our trainers are passionate about imparting knowledge. Address: 78 Moray Street, Southbank, VIC 3006, Australia P.No: 390414168"}
{"_id": "466888", "title": "", "text": "Another factor that makes Buy to let more expensive is the risk involved. With a buy to let you are dependent on finding a tenant that will keep regular payments. if the property is left empty you need to finance the mortgage yourself putting you under financial strain and raising risk. Also as Chis mentioned they are regarded as a business enterprise, If the mortgage was to be taken by a business that would be very high risk for a bank as the business could dissolve leaving the bank out of pocket. Because of this it can be very difficult to get a buy to let through a business unless you are moving from a personal portfolio. For a regular mortgage these risks don't exist so this is reflected in lower interest repayments. It's because of these differences in risk that banks created buy to let so they can better manage those risks."}
{"_id": "466905", "title": "", "text": "What a load of bullshit. To make the assertion that government, in its natural role as a the defacto non-private advocate for its citizens, should not provide a public health solution is mind-bogglingly myopic. The idea is that society (and therefore the economy we use to measure it) as a whole improves with the healthcare of the individuals that make it up. Why is that so difficult for the conservative mind to grasp?"}
{"_id": "466928", "title": "", "text": "GDP = total economic output (i.e. revenue), not income.  But for investments, income is what matters.  Add in productivity gains of around 2-3%/year due to technology and basic free market dynamics, and you will get closer to that 6% growth.  Some mention mergers and acquisitions, but really that's just another form of productivity gains by gaining economy of scale and synergies.  Now add in modest selective picking within the S&amp;P index towards those companies which are doing the most in our current economy."}
{"_id": "466938", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://apnews.com/229cca12949741d8b66561455302173f/High-tech-US-plants-offer-jobs-even-as-the-laid-off-struggle) reduced by 95%. (I'm a bot) ***** &gt; After years of job losses, filling 2 million new American manufacturing jobs in the next decade - the number forecast in a report by Deloitte Consulting and the American Manufacturing Institute - might seem easy.  &gt; Choset is chief technology officer for the Advanced Robotics Manufacturing Institute, a new public-private partnership to help U.S. companies adopt robot technologies, create and retain jobs in the sector, and help American workers compete with low-wage workers overseas.  &gt; In blue-collar Youngstown, Ohio, he talked about passing by big factories whose jobs &amp;quot;Have left Ohio&amp;quot; on his way to a July 25 rally, then told people not to sell their homes because the jobs are &amp;quot;Coming back. They&amp;#039;re all coming back.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ttptt/hightech_us_plants_offer_jobs_even_as_the_laidoff/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191217 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **work**^#2 **manufacturing**^#3 **company**^#4 **More**^#5\""}
{"_id": "466943", "title": "", "text": "There is not any fraud involved. Anybody can gift money to another person."}
{"_id": "466944", "title": "", "text": "\"The fundamental question I'd have to ask here is - when will the interest you owe on the loan on your house be capitalized?  I think thats a fancy way of saying - how is your bank calculating the amount of interest on the loan? Is it based purely on the principal, or on the principal + existing interest?  Your situation is similar to that of having a student loan - it sounds like your loan is in deferment, but is equivalent to being \"\"unsubsidized\"\" - that is, you still are being charged interest on the loan. The question really boils down to - will you be paying interest on only the principal of the loan or both the principal and the interest of the loan?  Here are some helpful steps: If the interest is capitalized immediately, I believe it is correct to say it doesn't matter if you pay the principal or the interest of your loan first. If the interest is NOT capitalized until your deferment period is over, then its definitely best to pay off the principal first.  Hope this helps.\""}
{"_id": "466950", "title": "", "text": "\"Having savings only in your home currency is relatively 'low risk' compared with other types of 'low diversification'. This is because, in a simple case, your future cash outflows will be in your home currency, so if the GBP fluctuates in value, it will (theoretically) still buy you the same goods at home. In this way, keeping your savings in the same currency as your future expenditures creates a natural hedge against currency fluctuation. This gets complicated for goods imported from other countries, where base price fluctuates based on a foreign currency, or for situations where you expect to incur significant foreign currency expenditures (retirement elsewhere, etc.). In such cases, you no longer have certainty that your future expenditures will be based on the GBP, and saving money in other currencies may make more sense. In many circumstances, 'diversification' of the currency of your savings may actually increase your risk, not decrease it. Be sure you are doing this for a specific reason, with a specific strategy, and not just to generally 'spread your money around'. Even in case of a Brexit, consider: what would you do with a bank account full of USD? If the answer is \"\"Convert it back to GBP when needed (in 6 months, 5 years, 30, etc.), to buy British goods\"\", then I wouldn't call this a way to reduce your risk. Instead, I would call it a type of investment, with its own set of risks associated.\""}
{"_id": "466963", "title": "", "text": "\"It's easy to sell things when you have a panicking misinformed and ignorant viewer base. The sky is falling because obama is a socialist muslim fascist commie, the dollar is going to collapse!!! Now a word from our sponsors cash for gold and investment companies.  Ads really do work though  http://news.illinois.edu/news/12/0119junkfoodbans_KathyBaylis.html  They don't make the sale, but they plant the idea. The next time you need, the first thing that comes to your mind will be what you've been given more exposure to and sounds familiar. The brain is not great at remembering \"\"source\"\" information for things that are not of interest but it still remembers. When you have a choice between product A or product B, you will choose the one that sounds more familiar. You will not remember if you think it sounds more familiar because of a friend recommendation or because of an Ad you heard passively 3 weeks ago. Incidentally, this is how politics work as a whole. The most familiar candidates almost always end up being the last to battle it out. People don't even consider or research the ones they hadn't heard of.\""}
{"_id": "466964", "title": "", "text": "It's literally been a Fox News talking point since the march that 4chan started. You can pretend you aren't just parroting their talking points but pointing to some Wikipedia article in your head is beyond stupid.   I ignore people who clearly are uneducated and have no idea what they're talking about. Like you. Right now."}
{"_id": "466972", "title": "", "text": "The price to earnings ratio is a measure of the company's current share price compared to the annual net earnings per share.  The other way to think about this is the number of years a company would take to pay back the share price if the earnings stay constant.  This ignores factors like inflation and can be used as an indicator of risk.  During the internet bubble many companies had P/E above 24 and no possible means of earning back the share prices that were inflated largely due to speculation. Most tools like Google Finance will list the P/E for a particular quote."}
{"_id": "466976", "title": "", "text": "\"We learned the hard way on this one.  First, our area was hit with what was called an \"\"inland hurricane\"\" where we forced to file a claim as our home received extensive damage.   Within the same year, we also incurred an electrical surge which took out our older big screen tv (one of those big monstrosities that sits on the floor).  We were granted full replacement with a more modern flat screen TV, TV stand, and DVD player.  It seemed like a no brainer. We quickly found it as our premium went up that it wasn't that sweet.  It wasn't a huge increase, but it definitely has us truly evaluate if it's really necessary filing a claim.\""}
{"_id": "466988", "title": "", "text": "That's a great point.  I've probably eaten at a number of different places I might not otherwise have gone because I either found out about them on the interwebs, or was able to look up a place I had seen to find out it had good reviews."}
{"_id": "466995", "title": "", "text": "What you have to remember is you are buying a piece of the company. Think of it in terms of buying a business. Just like a business, you need to decide how long you are willing to wait to get paid back for your investment.  Imagine you were trying to sell your lemonade stand. This year your earnings will be $100, next year will be $110, the year after that $120 and so on.  Would you be willing to sell it for $100?"}
{"_id": "467020", "title": "", "text": "From my understanding, only A and B are shareholders, and M is a managing entity that takes commission on the profit. Assuming that's true.  At the start of the project, A contributes $500,000. At this point, A is the sole shareholder, owning 100% of the project that's valued at $500,000.  The real question is, did the value of the project change when B contributed 3 month later. If the value didn't change, then A owns 33.33%, and B owns 66.66%. Assuming both A and B wants to pay themselves with the $800,000 profit, then A gets a third of that, and B gets the rest.  However, if at the time of B's contribution, both parties agreed that the pre-money of the project has changed to $1 million, then B owns half the project valued at 2 million post-money. Then the profit would be split half way."}
{"_id": "467021", "title": "", "text": "A $500K mortgage at 4.5% is $2533, right near the $2500 in your example. Interest the first year would be less than $22K, and your tax benefit (taking littleadv's answer into account, of course) would be $5500, max.  The tax benefit is the least of the reasons to get a mortgage. On your hypothetical $100K income, and too-high mortgage, a $5500 benefit is nothing. If one needs this tax benefit to make the numbers work, they are budgeted too tightly.  If you are considering trading a $1000 rent for a $500K mortgage with a $2500 payment, I'd look very carefully at the numbers. Search this board for the associated expenses of homeownership."}
{"_id": "467044", "title": "", "text": "Yes, quite easily, in fact.  You left a lot of numbers out, so lets start with some assumptions. If you are at the median of middle income families in the US that might mean $70,000/year. 15% of that is an investment of $875 per month. If you invest that amount monthly and assume a 6% return, then you will have a million dollars at approximately 57 years old. 6% is a very conservative number, and as Ben Miller points out, the S&P 500 has historically returned closer to 11%. If you assumed an aggressive 9% return, and continued with that $875/month for 40 years until you turn 65, that becomes $4 million. Start with a much more conservative $9/hr for $18,720 per year (40 hours * 52 weeks, no overtime). If that person saved 14% of his/her income or about $219 per month from 25 to 65 years old with the same 9%, they would still achieve $1 million for retirement. Is it much harder for a poor person? Certainly, but hopefully these numbers illustrate that it is better to save and invest even a small amount if that's all that can be done. High income earners have the most to gain if they save and the most to lose if they don't. Let's just assume an even $100,000/year salary and modest 401(k) match of 3%. Even married filing jointly a good portion of that salary is going to be taxed at the 25% rate. If single you'll be hitting the 28% income tax rate.  If you can max out the $18,000 (2017) contribution limit and get an additional $3,000 from an employer match (for a total monthly contribution of $1750) 40 years of contributions would become $8.2 million with the 9% rate of return.  If you withdrew that money at 4% per year you would have a residual income of $300k throughout your retirement."}
{"_id": "467048", "title": "", "text": "India celebrates Independence Day on August 15 each year. India gained Independence from British rule after 200 years. This special day of celebration can be made more special by sending flowers. A bouquet of enchanting flower is considered a perfect gift for celebrations."}
{"_id": "467049", "title": "", "text": "All cars have problems, especially those that are older like your husbands, how about maintaining it properly?  Actually the older SAABs (SAAB 900s)are pretty tough, if you look after them they will last a long time , like this guy who made a million miles in his 900 http://www.jsonline.com/business/29181064.html , the rot started as soon as GM started to get involved and stifle the engineers in an attempt to get up volumes and share platforms."}
{"_id": "467059", "title": "", "text": "Well the idea of 'good practice' is subjective so obviously there won't be an objectively correct answer. I suspect that whatever article you read was making this recommendation as a budgeting tool to physically isolate your reserve of cash from your spending account(s) as a means to keep spending in check. This is a common idea that I've heard often enough, though I don't think I am alone in believing that it's unnecessary except in the case of a habitual spender who cannot be trusted to stay within a budget.  I suppose there is a very small argument to be made about security where if you use a bank account for daily spending and that account is somehow compromised, the short-term damage is limited. In the end, I would argue that if you're in control of spending and budgeting, have a single source of income that is from regular employment, and you use a credit card for most of your daily spending, there's no compelling reason to have more than one bank account.  Some people have a checking and savings account simply for the psychological effect of separating their money, some couples have 3-4 accounts for income, personal spending, and savings, other people have separate accounts for business/self-employment funds, and a few people like having many accounts that act as hard limits for spending in different categories. Of course, the other submitted answer is correct in noting that the more accounts that you have, the more you are opening yourself up to accounting issues if funds don't transfer the way you expect them to (assuming you're emptying the accounts often). Some banks are more lenient with this, however, and may offer you the option to freely 'overdraft' by pulling funding from another pre-designated account that you also hold at the same bank."}
{"_id": "467080", "title": "", "text": "\"There is no doubt that this is a scam (you ask a British solicitor for help with this sort of problem, not an American friend) but it's not as obvious as some answers seem to assume. Inheritance taxes always have to be paid before legacies can be received, and the funds are part of the estate not \"\"in the hands of the government\"\". There are certainly ways round the problem (which vary by country), but if the facts were as the asker sets out, this would be a reasonable request. You can bet they aren't and it isn't.\""}
{"_id": "467081", "title": "", "text": "\"Different stocks balance dividend versus growth differently. Some have relatively flat value but pay a strong dividend -- utility stocks used to be examples of that model, and bonds are in some sense an extreme version of this. Some, especially startups, pay virtually no dividends and aim for growth in the value of the stock. And you can probably find a stock that hits any point between these. This is the \"\"growth versus income\"\" spectrum you may have heard mentioned. In the past, investors took more of their return on investment as dividends -- conceptually, a share of the company's net profits for the year reflecting the share's status as partial ownership. If you wanted to do so, you could use the dividend to purchase more shares (via a dividend reinvestment plan or not), but that was up to you. These days, with growth having been strongly hyped, many companies have shifted much more to the growth model and dividends are often relatively wimpy. Essentially, this assumes that everyone wants the money reinvested and will take their profit by having that increase the value of their shares. Of course that's partly because some percentage of stockholders have been demanding growth at all costs, not always realistically.  To address your specific case: No, you probably aren't buying Microsoft because you like its dividend rate; you're buying it in the hope it continues to grow in stock value. But the dividend is a bit of additional return on your investment. And with other companies the tradeoff will be different. That's one of the things, along with how much you believe in the company, that would affect your decision when buying shares in specific companies. (Personally I mostly ignore the whole issue, since I'm in index funds rather than individual stocks. Picking the fund sets my overall preference in terms of growth versus income; after that it's their problem to maintain that balance.)\""}
{"_id": "467105", "title": "", "text": "Yes, they have more opportunities because of their families. And I have seen people get promotions and into elite schools not because of their hard work, but simply because of who their fathers were.   Look at Trump's and George W. Bush's acceptance into their Ivy League Schools, it was mainly about their father's connections rather than their actual grades in high school.  That's why I am skeptical when a 29 year old is promoted to CFO of a billion dollar company."}
{"_id": "467108", "title": "", "text": "I'd say you have a couple options that differ by the amount of time required. Option 1: Export your checking/credit card ledgers from your banks for the unaccounted for periods you mention then import them into GNUcash.  They won't be categorized, but it's a fairly simple task to go through and categorize the main ones.  Anything else can be categorized in an 'unaccounted for' account and either properly categorized over time at a later date or just left unaccounted for. Option 2: Make one entry in each of your liabilities and assets that is also part of the 'unaccounted for' expense account, but contains the number required to balance your accounts now.  This is by far the easiest and will allow you to start with a clean slate now but keep your prior records in the same ledger.   Option 3: Start a new ledger with the same account/expense structure as your previous ledger.  From here on out, you'd open this GNUCash file and start fresh.  Also quick and easy but there is no way to look at the old ledger and run reports unless you open that separately.  I actually do this every couple of years as a way to force me to clear out obsolete accounts and trim the fat since GNUcash can take a long time to open when the ledger contains many years of transactions."}
{"_id": "467125", "title": "", "text": "\"Aside from the fact that everyone - absolutely everyone, from the level of the individual to the government as a whole - treats \"\"free\"\" money frivolously, wastes it, misappropriates it, etc...  I do see one benefit to something like this.   The whole idea of the stock market isn't millisecond trading to game the casino that is Wall Street.  Optimistically, you purchase stocks as a long-term investment in companies to enable their continued growth and stability, they make profits, they pass along these profits to you, and everyone benefits.  Suppressing this sort of roulette wheel speculation, constant changing of hands, fractional gains and the like seems like it would stabilize markets, improve growth, stop the damn CEO's and their golden parachute tactics in killing companies, and all that jazz.  Joe Shmoe isn't going to care about a tax like this - he buys into whatever he wants and usually hangs on to it for the long term.  I'm a layman, and admittedly a damned rusty one at economics, so give me a little slack if I'm wrong or just misguided altogether.\""}
{"_id": "467129", "title": "", "text": "Ouch I guess I hit a sore spot, deleted your comments and went through and replied to my post history. Hope you make some friends in the future buddy, but with your personality I doubt there's any bars that will help lmao."}
{"_id": "467135", "title": "", "text": "For a short term loan, the interest is closer to straight line, e.g. A $10K loan at 10% for 3 years will have approximately $1500 in interest. (The exact number is $1616, not too far off). You will save 2.41% on the rate, so you'll the extra payment you'll send to the mortgage will save you about 10000*35*(2.41/12)/2 or about $350 over the 3 year period."}
{"_id": "467141", "title": "", "text": "In Order To Be Safe From A Fraudulent Stock Loss Recovery Firms, You Need To Be Careful And Notice Some Warning Signs Beforehand. Aggressive Unexpected calls, asking advance fee, self-praise online and elsewhere all these are characteristics of such a firm"}
{"_id": "467142", "title": "", "text": "Luxury Holiday Offers are available for you with gomosafer, the online travel division of Mosafer. Qatar is a popular mid-east destination and has become quite popular holidaying destination from the past two decades. It has historic forts, impressive seascapes, luxury hotels, and sandunes and so on."}
{"_id": "467160", "title": "", "text": "1) Because it's a law specifically to prevent exploitation of uneducated people with unskilled labor  2) Because everyone else who gets paid by the hour gets paid 1.5x for hours above 40/week  3) People in skilled positions who are paid per hour are paid 1.5x for hours above 40/week"}
{"_id": "467166", "title": "", "text": "The principal and interest are fixed, no matter how much money you throw at them. This is not correct. If I pay an extra $1000 in principal this month, then my mortgage balance is decreased. So slightly less interest accrues before my next payment. That means my next payment will be slightly more toward principal and slightly less toward interest than it would have been if I hadn't made an extra principal payment. This means that my principal will eventually drop to zero earlier than it would have if I had not made the extra payment, and I will end up making fewer total payments than I would have without the extra principal payments. Of course, the effect is even stronger if I make regular extra payments rather than a single one. Like paying off any debt, you can consider this payment essentially a risk free investment paying whatever is the interest rate on that debt. You know that by making this payment, you reduce your interest payments over the coming years by the interest rate on that amount.  Edit: In comments you said, you will pay your mortgage off earlier but you won't drop the amount required to pay each month. Look at a mortgage amortization table to see this. This isn't because of the amortization table, it's because of the contract terms between you and the lender. After you make an extra principal payment, a new amortization schedule has to be calculated one way or another. It would be possible to re-calculate a new reduced monthly payment keeping the number of payments remaining fixed. Or you can calculate a new repayment schedule keeping the total monthly payment fixed and reducing the number of payments.  It happens the banks prefer to do the 2nd of these rather than the first, so that's the terms they offer when lending. Perhaps someone more knowledgeable can comment on why they prefer that.  In any case, by reducing your principal you improve your personal balance sheet and build equity in the mortgaged property so that, for example, if you sell you'll keep more of the proceeds and use less to pay off your loan."}
{"_id": "467169", "title": "", "text": "Once you become NRI or know for sure you would be one, you can't hold ordinary accounts. Convert existing savings account into NRO. Open new NRE account so it's easier to move funds. In simple terms an NRE type of account means you can repatriate the funds outside of India anytime without any paperwork, there are some tax benefits as well. MFU platform can be used for operating demat, else you need a brokerage account. If you have stocks, then existing demat need to be converted to NONPINS account, it's actually open new, move, close old. Any new stock you need to open a PINS Demat account. You can use NRO account of MFU, it creates some complexity of taxes... MFU NRE would be more easier for taxes and flexible for repatriation"}
{"_id": "467176", "title": "", "text": "You can sell as many shares as you want. The only issue will be the fees attached to low dollar trades. I would recommend a site with no fee for the first 20 trades. If you plan to be a frequent trader I would recommend getting a stable rate ($10 for every transaction). If your plan is to trade in low quantities then maybe a variable rate (1% of all fades) might be better suited."}
{"_id": "467189", "title": "", "text": "He is doing an important service though. Yes there are CEOs that will have to deal with a bunch of absurd fact-checking requests from him when they could be running their business, but he's also the one exposing frauds and making people who are planning frauds hesitate.  I think the dodgy part is that he's doing stuff like this to boost his social media presence and reach the largest audience possible. Whereas other similar firms probably still plan on releasing the huge, thorough research as their catalysts, it seems like he really enjoys tweeting. I'm 100% sure his account is linked to bots at other funds to automatically short any ticker he mentions. This could potentially compromise the quality of his research, which is important because there are so few others that do the same service."}
{"_id": "467195", "title": "", "text": "\"You say  Also I have been the only one with an income in our household for last 15 years, so for most of our marriage any debts have been in my name. She has a credit card (opened in 1999) that she has not used for years and she is also a secondary card holder on an American Express card and a MasterCard that are both in my name (she has not used the cards as we try to keep them only for emergencies). This would seem to indicate that the dealer is correct.  Your wife has no credit history.   You say that you paid off her student loans some years back.  If \"\"some years\"\" was more than seven, then they have dropped off her credit report.  If that's the most recent credit activity, then she effectively has none.   Even if you get past that, note that she also doesn't have any income, which makes her a lousy co-signer.  There's no real circumstance where you couldn't pay for the car but she could based on the historical data.  She would have to get a job first.  Since they had no information on her whatsoever, they probably didn't even get to that.\""}
{"_id": "467211", "title": "", "text": "Another reason, and to me the main reason not to buy a house if you're in your early 20s (regardless of your income), is mobility. If you rent, you can move pretty much whenever you want after the first year of your rental lease is up, even before then in some cases. If your fiancee finishes school and gets a great job offer in another city or state, you can move there pretty quickly. When you own a house, that is much harder to do. Your having two kids makes it harder in either case, but at this point in your lives you really don't know where your future will take you, geographically speaking, and renting gives you the option of moving easily if you have to."}
{"_id": "467227", "title": "", "text": "From a tax perspective, it doesn't matter whether what you are doing is fraud, illegal, or perfectly legit.  If you make money, the IRS will want you to pay taxes on it.  Drug dealers, pimps, hobos, professional gamblers, extortionists, coupon collectors.  The IRS doesn't care.  They want their taxes. Now, where do you pay taxes?  There are two likely options:  I'm not a tax lawyer so I can't say which would be more correct.  My expectation is that the IRS would be fine with either."}
{"_id": "467229", "title": "", "text": "It's an experiment with limitations because they chose 2000 unemployed people. At no point was there any real discussion about giving basic income to also some employed people. It's not really a study on universal income if it's just a simplified and hassle free unemployment benefit.   I have hopes that the results would at the minimum encourage the state to redesign the current systems for unemployment benefits, longer term sick leaves, fixed term pensions and minimum social security, but true universal basic income still seems rather impossible in this country."}
{"_id": "467251", "title": "", "text": "Other than the satisfaction of working in a field you are passionate about, the beauty  of copywriting is in all the money you can conceivably make doing it as a freelancer.  However, the idea is to start and continue generating that money by making as few costly errors as possible.   There are many mistakes you can avoid if you simply know what they are.  In this article, see some of the most common mistakes your fellow freelance copywriters  have made so you can avoid them and the stress they can cause."}
{"_id": "467255", "title": "", "text": "Basically prefab designs that have been developed by engineers and architects utilize steel as a structural system. Using a steel frame in prefab construction allows for a quick and easy installation just as traditional prefab does. For prefab steel buildings items just call Universal Steel of America at 1-800-993-4660"}
{"_id": "467266", "title": "", "text": "You quote a rate (2.75%) and then quote a margin (1.75%).  The margin is usually an addition to some base rate.  How is the margin expressed in the figures you have?  Is it included in the rate, or in addition to it? As for the other stuff, it looks like the rate can go up at most 1% per year, up to a maximum of 5% increase.  The first adjustment cap is also 1%.  That just says that your first rate increase is capped the same as subsequent increases. If the margin is already included, and the increases are based on your initial rate, then this puts you at a maximum of 7.75%. You must verify this.  I don't have your loan documents. And again, why would you want to risk an increase at all?  You have a decent fixed-rate mortgage already.  That still doesn't make sense to me.  Going from 2.75% to 7.75% as above can increase your monthly payment by over 40%."}
{"_id": "467278", "title": "", "text": "Why train a new employee when you can just work your existing employees harder?  ...and then when you can't make them work any harder, hire someone on an L1 or H1B visa for 2/3 the salary of an American worker, on the grounds that you couldn't find an American to do the job."}
{"_id": "467295", "title": "", "text": "Unless Obama becomes dictator, he can't.  I am not a big Obama fan but the guy is not the man who had a congress that stamped everything for his approval (which Bush had, he pretty much declared war, passed bills with a republican congress).    Obama can't really even cut spending on defense or even give tax cuts with the current congress and senate.  He tried shutting down Gitmo but congress wouldn't fund the shutdown.  Alot of the agencies are missing appointments because senate will filibuster anything they can."}
{"_id": "467314", "title": "", "text": "As someone who has an AMAZING boss, it really is a delight. It has an impact on so many facets of work. I came here simply to state that it's wonderful and everyone should strive to find this. I do think at some point money and raises become a need no matter how nice your boss is, but a good boss certainly softens the blow."}
{"_id": "467327", "title": "", "text": "\"[of course it does](http://www.tylervigen.com/correlation_project/correlation_images/per-capita-consumption-of-chicken-us_total-us-crude-oil-imports.png)  ... but really, the answer is something along the lines of \"\"probably... to some extent...\"\" It's not the sole reason, but it may be one of them.   Ultimately QE did more to fix balance sheets than the wider economy, but that in itself had value at the time.\""}
{"_id": "467341", "title": "", "text": "You're right, the issue of inversion is not going to go away as long as there are countries willing to go to 2% on their tax rate.  But the goal isn't really to eliminate them it's to have a tax system and regulatory system which encourages healthy business growth and financial support to the government.  The path the US has chosen is high corporate tax, cherry pick activities they want to encourage through breaks, then rely on taxing overseas profits on money returned to the US (since so many major companies are US based).  This was a great system but its an anachronism since globalization became a real thing.  Now what it has left us with is a tax incentive system where ONLY the business activities with breaks (RD tax credit) are considered worthwhile ventures while profit centers are offshored.  Then no one can reinvest their profits in the US because they can't repatriate cash without paying tax.  The corporate tax structure now hinders employment and investment.  We don't need to lower our taxes to 0 to be competitive.  The most popular countries for offshoring are Puerto Rico (pharma) Ireland and Switzerland their tax rates are effectively 0.  However due to other costs (employment transportation of goods) on a total cost basis the US can be more than competitive with a corp tax rate of 20%."}
{"_id": "467345", "title": "", "text": "Normally, yes, kind of. I don't personally think in terms of 'generating profit' when making business IT purchasing decisions, I merely think in terms of adding value.   But in the context of the article:   &gt;Before you buy a technology, consider well whether it is going to increase your revenues or decrease your costs? If it would not then there is no point buying it.      A DR/BC facility will never generate profit. It will, hopefully, allow you to continue generating the profit you were generating any way, should shit go bad. But even then, your costs are likely to go up.   So when I say 'kind of', I mean you're right in that 'profit' can mean more than numbers on a balance sheet, but the writer of the article seems to present 'profit' in those black and white terms. The article appears to advocate something that is not particularly good practice, but deems to call it so."}
{"_id": "467348", "title": "", "text": "Trawling through the comments here it seems that almost every one has missed the point that the Tesla 3 is a performance car in addition to being electric.  Sure it's not as fast as the 'S' but at 0-60 in 5.6 seconds that equals the Ford Mustang V6.    In addition to that it also has fabulous handling.  The [Motor Trend reviewer](http://www.motortrend.com/cars/tesla/model-3/2018/exclusive-tesla-model-3-first-drive-review/) called it the best small sedan he had ever driven.  So to those niggling about displays and electricity costs per mile and colored paint costs $1000 more this is kind of like looking at a Porsche Boxster and complaining about the back seat and the trunk space.  All true but also almost entirely irrelevant."}
{"_id": "467352", "title": "", "text": "Depends on how you measure liquidity.  There's papers out there that approach this very question. Measured in order book spreads for a consolidated $100m trade, I'd say the second biggest market is FX swaps, followed or par'd by the money market (government bonds). If you disallow OTC venues, it's most definitely exchange listed government bonds. If, however, you happen to think in terms of sheer volume per time, the most liquid market phase could be considered the NYSE closing auction, as you can move billions in a matter of minutes, or expressed in speed terms: several m$/s (million dollars per second). You should pick a definition and we can provide you with a more accurate list of candidates and actual data."}
{"_id": "467363", "title": "", "text": "If it weren't for the anti-government sentiment preventing it, you could get the same effect simply by having the government hire a LOT more people at the low-end of the socioeconomic scale - people like teachers, policemen, firefighters, rangers, etc., especially if that hiring included proper training for people who didn't already have it.  This would create a defacto minimum wage, since private industry would have to compete for workers, without requiring them by law to adhere to some predefined compensation packages.  This would have a been a MUCH better way to use the hundreds of billions that the Fed has used to provide stimulus to the economy, instead giving it to the big banks &amp; letting them play securities games with it.  Of course, with the anti-government sentiment (and the lack of ability to control how the big bucks get handed out to political donor industries), fat chance of a straightforward solution like this ever being implemented."}
{"_id": "467373", "title": "", "text": "After looking at both S&P GSCI Crude Oil Index Excess Return (INDEXSP:SPGSCLP) and CS VS 3x LC ETN NYSEARCA: UWTI they seem to track well (using Google Finance).   I'm not seeing where your statement this ETN loses whether oil is gaining or not holds true.   Both have posted a year-over-year loss. In the past year the Crude Oil index has fallen from a high of 494 on October 6, 2014 to a low of 213 as of today October 5th, 2015.  So of course the UWTI will lose as well. Please also notice that that, as stated in the prospectus for UWTI: The ETNs are intended to be daily trading tools for sophisticated   investors to manage daily trading risks. They are designed t o achieve   their stated investment objectives on a daily basis, but their   performance over different periods of time can differ significantly fr   om their stated daily objectives. The ETNs are riskier than securities   that have intermediate or long-term investment objectives, and may not   be sui table for investors who plan to hold them for a period other   than one day. You might want to look into investing in an ETF for long term investment goals and objectives.  Oil ETF List"}
{"_id": "467390", "title": "", "text": "For Federal Return, Schedule H and its Instructions are a great start.  You are the nanny's employer, and are responsible for FICA (social security and medicare) withholding, and also paying the employer portion.  You will offer her a W4 so she can tell you how much federal and state tax to withhold. You'll use Circular E the employer's tax guide to calculate withholding. In January, you'll give her a W-2, and file the information with your own tax return.  For State, some of the above applies, but as I recall, in my state, I had to submit withholding quarterly separate from my return. As compared to Federal, where I adjusted my own withholding so at year end the tax paid was correct. Unemployment insurance also needs to be paid, I believe this is state.  This issue is non-political - I told my friends at the IRS that (a) the disparity between state and federal to handle the nanny tax was confusing for those of us trying to comply, and (b) even though we are treated as an employer, a 'guide to the nanny tax' would be helpful, a single IRS doc that doesn't mix non-nanny type issues into the mix.  In the end, if a service is cost effective, go for it, your time is valuable, and thi is something that only lasts a few years."}
{"_id": "467425", "title": "", "text": "My college gym would do something similar. The school took out a massive loan to build a gym then charged students automatically $100 for the gym on their tuition, then they charged $10 to use it for the semester. Most kids don't look at what is included in tuition so they think they are getting a good deal by just paying $10 per semester when in reality, its $110."}
{"_id": "467444", "title": "", "text": "Online auctions have provided a new dimension to any trade by allowing individuals or businesses to buy and sell goods from anywhere and everywhere. It saves time, money and efforts in an incredible way while allowing you to trade faster than any regional market. On contrary to traditional and regional auctions, online bidding is advantageous. As a buyer, you can bid for something that is not easily available, while it is easier for a seller to get a fair price for their goods as the number of needy buyers increases. Here is all you need to know about internet auctions."}
{"_id": "467456", "title": "", "text": "Who sets the required yield? Required yield by definition something that the investors want. Is It achieved through negotiation or is it more of \u201cI am willing to loan out X at a interest rate of Z per year or X/2 semiannual rate\u201d"}
{"_id": "467457", "title": "", "text": "Mayweather is the promoter so he pays himself and doesn't rely on win/lose bonuses. Every single aspect of the fight he makes money on from the ticket, PPV, merch, even concessions sales. Mayweather's purse is expected to be at least $100 million, and will be the same win or lose. His earning power for future fights mike take a hit in the extremely unlikely scenario that he loses."}
{"_id": "467463", "title": "", "text": "Typically the settlement price for a financial instrument (such as AAPL stock) underlying a derivative contract is determined from the average price of trading in that instrument during some short time window specified by the exchange offering the derivative.  (Read the fine print on your contract to learn the exact date and time of that settlement period.) Because it's in an exchange's best interest to appear as fair as possible, the exchange will in general pick a high-volume period of time -- such as the close of trading on the expiry date -- in which to determine the settlement price. Now, the expiry date/time may be different from the last time at which the option can be traded, which may be different from the underlying settlement time.  For example, most US equity options currently expire on the Saturday following the third Friday of the month, whereas they can last be traded at end-of-day on the third Friday of the month, and the settlement period may be at a slightly different time on the third Friday of the month.  (Again, read the contract to know for sure.)  Moreover, your broker may demand to know whether you plan to exercise the option at an even earlier date/time. So, to answer your question: After-hours trading can only affect the settlement price of an underlying instrument if the exchange in question decides that the settlement period should happen during after-hours trading.  But since no exchange that wants to stay in business would possibly do that, the answer is no. Contract expiry time, contract exercise time, final contract trading time, and underlying settlement time may all fall at different dates/times.  The important one for your question is settlement time."}
{"_id": "467469", "title": "", "text": "Yeah. I don't really understand the value of bitcoin.  I know it's going up because people keep buying to for more and more.  But who the hell is buying it at $5600-$5700 to get it up to where it's at now.  Holy crap, it's as high as it's ever been.  Butter buy now!?!"}
{"_id": "467482", "title": "", "text": "I thought to enlarge on user Zephyr's comment above. PC Financial seems to fail to calculate explicitly and then display the cashback reward return of 1%, for the benefit of consumers; does it want to conceal or mislead or conceal customers.  Anyhow, I show this using this info below. I'll just calculate using the rate for 'everywhere you shop', since many deem travel a luxury. (1) 20,000 PC points = $20 in Free Groceries Minimum redemption is 20,000 PC Points  (2) Earn 10 PC points for every $1 spent, everywhere you shop Earn 20 PC points for every $1 spent on travel services at pctravel.ca\u2020 Cashback Reward Rate = Reward/Expenditure. I find confusing the exposition '20,000 PC points = $20', because this is NOT the cost or expenditure; I regard this as the reward.  The key step is to calculate the expenditure needed to achieve this reward, which again is 20,000 PC points. Thus, we must attain (1) from (2), and must solve for \u00bf in this ratio problem: 10/20,000 = $1/\u00bf  ===> ? = $2000. So $2000 must be spent, to reap $20 as the reward. Altogether, cashback reward = $20/$2000 = 0.01 = 1%. QED. I Googled this card before, and I infer from this article that PC changed its cashback ratios: You get five PC points for every dollar you spend on your bank card at participating stores where President\u2019s Choice products are sold. This is a bit disappointing as I can do the math in my head and determine that the PC points rewards are only worth 0.5% of your purchase amount. I had expected at least 1% to compete with the top reward credit cards. Also, the webpage errs in the following; the 'cent' is supposed to be a dollar: PC points are worth one tenth of a cent each. So if you use the minimum allowable amount of PC points of 20,000, you will get $20.00 worth of groceries."}
{"_id": "467508", "title": "", "text": "I haven't used it in years, but look at GnuCash. From the site, one bullet point under Feature Highlights:"}
{"_id": "467509", "title": "", "text": "\"Keep in mind that many checks are being cashed via scanner or photo. These can be home based, business based or ATM based systems. The key requirement is that the software has to be able to distinguish the \"\"written\"\" parts from the background parts. If the image doesn't have enough contrast for the edge detection to work, the check can't be easily processed. In that case a human looks at the image and decodes the image and processes the transaction. The image is not in color.  Many businesses scan the check and hand the original back to you after having the Point of Sale system process the image. Post 2001 the checks in the united states are no longer moved through the banking system, only their images. With the roll out of these image based systems, in the future almost no physical checks will be seen by banks. Therefore the actual ink color is not important, only the result.\""}
{"_id": "467511", "title": "", "text": "\"Nothing wrong with the other answers, but here's a \"\"trick\"\" to hopefully make it totally transparent.   Imagine that you're not the one implementing this business plan, but someone else is.  Let's call this other person your asset manager.  So on the first day, you give your asset manager $9.  He takes this and generates $1 profit from it, recovering the $9 which he then reinvests to generate $1 profit every day.  From your perspective, you just gave him $9.  At the end of the year, he gives you $365 in addition to your original investment of $9 (in real life he'd take the fees of course, or perhaps he's been lending out the money he's been accumulating and taking the interest from that as pay for his services).  So your return on investment is 365 / 9 * 100 % > 4000 %, as claimed by your source.\""}
{"_id": "467525", "title": "", "text": "I would say the Japanese economy is a bit different to Greece. It's still quite large. It's been in recession or stagnation for the last 2 decades or so.  One major problem for Japan is its aging population. Japan has the oldest population in the world (average is 42). This is a problem in terms of old age pensions, decreasing workforce, etc. in addition to low birth rates. Many young people have fewer kids, or [just none at all!](http://gaijinchronicles.com/2010/08/31/plight-of-the-grass-eater/)  While that doesn't sound good, the difference with Greece is they're close to bankruptcy, Japan isn't. Also Japan gets to somewhat control their currency, or at least, their economy is the primary thing affecting the currency, unlike Greece which is in a monetary union and so are not able to devalue their currency."}
{"_id": "467529", "title": "", "text": "Dollar is the lingua franca of the financial industry and unluckily it is the US currency. It is till today considered the most safest investment bet, that is why you have China possesing $3 trillion of US debt, as an investment albiet a very safe one. Financial investors get in queue to by US bonds the moment they are put up for sale. Because of the AAA rating the investors consider it to be safe at a specific rate. Now when you lower the credit rating you are indirectly asking the US government that you want a higher return(yield) on your investments. When you ask for higher yields, it translates into higher interest rates (money US would get for bonds issued decreases and so more bonds are issued). So you basically start looking at a slowdown in consumer spendings households and businesses. With already defaults, repossesions and lesser spending, the slowdown would increase manifold."}
{"_id": "467535", "title": "", "text": "Each situation is different, but it has to do with assessing what the Company is trying to do. People always talk about WACC, but in reality, WACC is less important than figuring how how much debt a Company can support (determined by leverage and solvency statistics).  Here are a few things to think about:  -How stable are the Company's cash flows? (big difference between a Company that has multi-year contracts locked in place vs. variable/cyclical revenue streams; what type of Capex requirement is there?)  -What is the purpose of raising the capital? (growth vs. recapitalization; where are the proceeds going?)  -What collateral is available for creditors?  -What does working capital look like? (is there seasonality?)"}
{"_id": "467539", "title": "", "text": "I estimated that the mean expected cash value of a $ 1.00 MegaMillions ticket in the July 5, 2016 drawing was about $ 1.23 = $ 0.18 consolation prizes + 258,890,850:1 chance of winning part of a cash jackpot that increased from about $ 289.6 million to about $ 313.3 million. I estimated that the mean expected cash value of a $ 2.00 Powerball ticket in the January 13, 2016 drawing was about $ 1.65.  I estimated this as follows: 17.= (9).          Chance of another roll-over:       15.4 %    .    (about two-thirteenths).   This estimate does not take taxes into account.  (There are ways to minimize the tax bill.)  And of course, almost 96% of tickets win nothing. Notes: . . Updated for July 5, 2016 MegaMillions draw."}
{"_id": "467553", "title": "", "text": "\"Bob Chapman writes: \"\"The banks blatantly control governments and agencies presenting us with an oligarchy, which controls most of the nations on the planet. In America politicians are bought and paid for. In Europe there is a different mind set, a shared worldview of bureaucrats, technocrats, politicians and the elite bankers of world government and domination. What has happened in this process is that Goldman Sachs, JPMorgan Chase and other mega-banking has retained power for decades. They control all the players in the field, so the outcome is always in their favor. The bankers and others in turn are paid via billions of dollars in bonuses.\"\"\""}
{"_id": "467575", "title": "", "text": "There are ETFs and mutual funds that pay dividends. Mutual funds and ETFs are quite similar. Your advisor is correct regarding future funds you invest. But you already had incurred the risk of buying an individual stock. That is a 'sunk cost'. If you were satisfied with the returns you could have retained the HD stock you already owned and just put future moneys into an ETF or mutual fund.  BTW: does your advisor receive a commission from your purchase of a mutual fund? That may have been his motivation to give you the advice to sell your existing holdings."}
{"_id": "467581", "title": "", "text": "\"There are two things I can think of that might be different in other countries: Until 2013, American Express, Visa and MasterCard prevented businesses from charging extra for credit card usage, and credit card surcharges still illegal in several states. Since credit card companies add a surcharge to credit card purchases, and merchants can't pass that onto credit card users, they just make everyone pay extra instead. Since everyone gets charged the credit card surcharge, you might as well use a credit card and recoup some of that via \"\"rewards\"\" points. Almost all credit cards here have grace periods, where you won't be charged interest if you pay back your loans in full within some period of time (at least 21 days). This makes credit cards attractive to people who don't need a loan, but like the convenience that credit cards provide (not carrying cash, extra insurance, better fraud protection). Apparently grace periods aren't required by law here, so this might be common in other countries as well.\""}
{"_id": "467594", "title": "", "text": "The main reason is that a public company is owned by its share holders, and share holders would care about the price of the stock they are owning, therefore the company would also care, because if the price go down too much, share holders become angry and may vote to oust the company's management."}
{"_id": "467601", "title": "", "text": "The author of this article Matt Levine, is a well known contributor to dealbreaker.com as well. I think he's the best out there writing on finance topics. Most finance bloggers sit in an ivory tower and have no real experience or the type of intimate knowledge Matt brings tote table."}
{"_id": "467603", "title": "", "text": "a MUST READ for consumers planning to apply for unsecured credit cards! it offers excellent tips on how you can avoid and properly deal with the drawbacks associated with these card programs. hope you can help us promote it to all your friends!"}
{"_id": "467636", "title": "", "text": "What else would wealth be in if not financial assets? Real estate or art?   Financial assets are generally ownership stakes in a company, or promises from a company/government to repay you money that you've lent them.   I guess I don't see how it could be Dystopian at all."}
{"_id": "467641", "title": "", "text": "You can use xoom.com or western union. They are both pretty much the same, as they do not charge any fees but take a cut of 0.7-0.8% on every dollar. However, there is a minimum and maximum limit of sending money. If you want to transfer more, you can wire money in through a financial institution such as Wells Fargo or Chase bank or look to see if there is a State bank of India around you. I am quite sure that they charge $15 plus 0.20-0.30% on every dollar( The last time I used it). Hope this helps."}
{"_id": "467642", "title": "", "text": "\"The argument puts forth a false dichotomy in support of an ideological position.  The \"\"1%\"\" is also a perjorative term that's rapidly becoming noxious.   Entrepreneurs organise the effort that leads to fulfillment of consumer demand and create jobs when doing so.  Consumer demand does not magically result in supply. It requires an organiser.\""}
{"_id": "467647", "title": "", "text": "All the items listed are required for International Wire transfer. In wrong hands this info along with other info can cause issues. Most of the times you trust the person with this info and hence is less cause to worry. So the key is if you don't trust, don't give the details. Use alternatives like; Best open an account for receiving funds. Share the details, once the funds are received move it to an account where the details have not been shared. Alternatively paypal or other such services can help."}
{"_id": "467654", "title": "", "text": "&gt; that there isn't anything  No one has said that.  In Lewis' example of sitting next to the big shot's wife: He was invited only that night, and the husband &amp; wife had very likely purchased tickets long before.  How did he give himself that advantage?  Being ready to spring on such an opportunity doesn't do you any good if it doesn't coalesce.   You're concentrating on the results of these nexus, when Lewis' point is that they come about.  Positively taking advantage of them is presumed."}
{"_id": "467663", "title": "", "text": "\"The formula is actually as follows: (0.06571441 * V^2) + 15 * V, where V is the value divided by 1,000 which gives us AU$ 23,929 You find the same value using the calculator you linked to if you select \"\"Investment\"\" instead of \"\"Primary Residence\"\" or uncheck \"\"I am a first home buyer\"\"  Edit: I don't know how they determine the $AU 821, it might be worth calling them. From looking up the First Home Owner Discount, it looks like no stamp duty may be due if you qualify for the discount: From 1 September 2016, the Northern Territory Government introduced increased stamp duty assistance for first home buyers who purchase an established home in the Northern Territory up to the value of $650 000. The First Home Owner Discount (FHOD) is a full stamp duty concession on the initial $500 000 value of the home, which equates to stamp duty savings of up to $23 928.60. For established homes valued at more than $650 000, a stamp duty saving of $10 000 is available until 31 December 2016. source: Department of Treasury and Finance\""}
{"_id": "467704", "title": "", "text": "They are a business. You're not a corporation. They paid you more than $600 during the year, so they're supposed to send 1099 to you and the IRS about it. They need your taxpayer certification (W9) for that. They were supposed to ask for it before they paid you, but yes - they're supposed to ask for it."}
{"_id": "467737", "title": "", "text": "You're not missing anything. Consumer protection in the US is very basic and limited, if at all. So if someone claims you owe them something, it would be really hard for you to prove otherwise unless you actually drag them to court. Especially if there actually was a relationship, and there probably is some paperwork to substantiate the claim. I suggest talking to a consumer issues attorney."}
{"_id": "467753", "title": "", "text": "\"Yeah, this is an awfully petty article. The writer wants to make a big deal about \"\"The safety and security of her methods\"\" and why that's a bad thing, but it isn't. Beyonce bought 500,000 copies of her single on Itunes because she didn't promote it and it would have flopped otherwise.  Don't get me wrong, there's a certain flair and style to weirder, less mainstream marketing campaigns, but if you're trying to sell an album's quality on how weird you sold the album, you're going to fail. It's not like everybody can be Buckethead and release progressively weirder shit just for the hell of it.  Why even criticize the current Album release trends? It's one of the best parts of music. If I'm a fan of Taylor Swift, then I don't need to worry about following some bullshit ARG, or cracking a code or checking her facebook the day her no promotion album is released and being lucky enough to notice. I want a few reminders, every couple days, so I can get excited. I want a single to drop, so I can get a feel for the general tone and theme of the album, and see if I want to buy.   Being different for the sake of being different is no better than liking something just because everybody else does.\""}
{"_id": "467771", "title": "", "text": "\"If demand for real goods &amp; services is slow, they apparently play silly-buggers with the financial system by coming up with weird new forms of securities to buy from each other to make it look like they're doing useful with the money, when they're really just pushing it around between each other &amp; not really letting any of it \"\"dribble down\"\" to the peons.\""}
{"_id": "467772", "title": "", "text": "If you have a credit card with no interest free period, there is no drawback as you will be saving interest the sooner you pay it off. However, if you have a credit card with an interest free period, the drawback on paying it earlier than the due date (such as when you first get the statement) is that you lose out on interest. For the period between when you first recieve the statement to when it is due, you could have your money earning you interest in a high interest paying savings account. Depending on how much you spend on your credit card each month and the interest rate you get, this may add up to quite a bit of additional cash each year."}
{"_id": "467773", "title": "", "text": "Foreign policy being regime change in Iraq was the goal, the method was invasion to achieve this, and nation building to avoid the need for continuous military presence. Conflating military action with foreign policy objective, as you did when conflating government action with military action, are just ways of obscuring things by using more vague terms. We\u2019re talking about outsourcing military functions.   There are many things the government does which are not wasteful and which private enterprise is not well suited for \u2013 but that\u2019s another debate.   If you measure outsourcing of military functions by headcount or expense, the same point is made, which is the military (and associated) functions are outsourced and there\u2019s no reason to think this won\u2019t continue or increase. Really, I don\u2019t even see this point as being controversial or debatable. The extent may vary but so does everything. It's a reality and it's not going away."}
{"_id": "467778", "title": "", "text": "borrow money from the Central Bank Wrong premise. They cannot borrow as much as they want and they cannot borrow without collateral i.e. government debt instruments they hold or any other instrument with value.  And banks don\u2019t have unlimited collateral to borrow against.  Secondly central banks aren\u2019t in the business of lending unlimited money. The more money they lend out, the more is the money supply which stokes inflation which will eventually lead them to stop lending. At any point of time they want a certain amount of money movement, so they can control inflation and interest rates within an agreed limit and as limited by their economy. No sane central bank would want to stoke hyperflation by printing money at will e,g, Helicopter money. So the only other way for banks is to accept deposits from private individuals. You can also argue that banks make money by connecting lenders and borrowers and make their profit by being the middleman without using their assets. So you can say they are making a profit with the minimum usage of their capital. Albeit they have the central bank looking over their shoulder to police their behaviour. While some banks do charge fees for keeping deposits Yes but many provide certain extra services for which they charge. That is how they differentiate between no fee accounts and fee paying accounts."}
{"_id": "467780", "title": "", "text": "This post has a great discussion on the topic. Basically, there is no single interest rate above which you should pay off and below which you should keep. You have to keep in mind factors such as"}
{"_id": "467781", "title": "", "text": "I would talk to your HMRC tax office they do have guidance on this issue here  http://www.hmrc.gov.uk/working/intro/employed-selfemployed.htm"}
{"_id": "467825", "title": "", "text": "\"These have the potential to become \"\"end-of-the-world\"\" scenarios, so I'll keep this very clear. If you start to feel that any particular investment may suddenly become worthless then it is wise to liquidate that asset and transfer your wealth somewhere else. If your wealth happens to be invested in cash then transferring that wealth into something else is still valid.  Digging a hole in the ground isn't useful and running for the border probably won't be necessary. Consider countries that have suffered actual currency collapse and debt default.  Take Zimbabwe, for example.  Even as inflation went into the millions of percent, the Zimbabwe stock exchange soared as investors were prepared to spend ever-more of their devaluing currency to buy stable stocks in a small number of locally listed companies. Even if the Euro were to suffer a critical fall, European companies would probably be ok. If you didn't panic and dig caches in the back garden over the fall of dotcom, there is no need to panic over the decline of certain currencies.  Just diversify your risk and buy non-cash (or euro) assets. Update: A few ideas re diversification: The problem for Greece isn't really a euro problem; it is local. Local property, local companies ... these can be affected by default because no-one believes in the entirety of the Greek economy, not just the currency it happens to be using - so diversification really means buying things that are outside Greece.\""}
{"_id": "467826", "title": "", "text": "No idea if there was an intermediate authority involved, but I was led to believe it was direct to Walmart.  What is the likelihood that Walmart is buying the low grade produce for the same reason as the juice companies?  The produce on the shelf is ~~never~~not-normally  bad looking."}
{"_id": "467830", "title": "", "text": "Look at a mixture of low-fee index funds, low-fee bond funds, and CDs. The exact allocation has to be tailored to your appetite for risk. If you only want to park the money with essentially no risk of loss then you need FDIC insured products like CDs or a money market account (as opposed to a money market fund which is not FDIC insured). However as others have said, interest rates are awful now.  Since you are in your early 30's, and expect to keep this investment for 10+ years, you can probably tolerate a bit of risk. Also considering speaking to a tax professional to determine the specific tax benefits/drawbacks of one investment strategy (funds and CDs) versus another (e.g. real estate)."}
{"_id": "467833", "title": "", "text": "&gt; outside of Germany, you have abysmal unemployment rates  Europe has a higher unemployment rate, but that's OK - they have a strong social safety net. Unemployed people still get excellent free healthcare, unemployment benefits, university is still free. Europe does not optimize for full employment.  &gt; The US unemployment rate during the Great Recession peaked at 10%  [Factually incorrect. 25%](https://en.wikipedia.org/wiki/Great_Depression)  &gt; You can have labor that is controlled like you mention and high unemployment or lower controls and less unemployment. Is it better to have high unemployment but workers that are better off or lower unemployment and workers that aren't as well off?  Life is better in Europe. You know The State has got your back. You cannot lose your pension because your company went bankrupt (the pension funds are independent of the employer), healthcare is great and free at point of consumption, your kids will go to the best collage they can get into, because all collages are free.   &gt; The Euro zone is forgetting how to be competitive. We live in an economy where price matters. The price of labor determines the prices of goods and services. And supply and demand of products and services are determined by prices. Its a cold hard truth.  You are optimizing for the wrong target. If you push price of labor down, you push standards of living down. That's not good. That's missing the point of having a State and an economy. We build our society to make out life better, not to generate shareholder value."}
{"_id": "467849", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Introducing Amazon Go and the world\u2019s most advanced shopping technology Description | Amazon Go is a new kind of store featuring the world\u2019s most advanced shopping technology. No lines, no checkout \u2013 just grab and go! Learn more at http://amazon.com/go Length | 0:01:50           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "467852", "title": "", "text": "It is possible to figure out the next price. Just not for Joe Average. A stock exchange has a orderbook. This has two sides. One side has alle the buyers, how many shares they want, and what they are willing to pay. The other side has all the sellers, how many shares they got, and what price they are willing to accept. If any buyers and sellers match up, their orders are executed, money and shares are exchanged, everyone is happy. So the current asking price (the price you have to pay, to get some shares) is currently 12.46$. Let's say you want 6000 shares, for any price. The orderbook now looks like this: Your order is executed, you get 6000 shares for a total of 74,761$ (5900 * 12,46 + 100 * 12,47$). The order book now looks like this: The new asking price is 12.47$. Congrats, you knew the price in advance. Of course this is simplified, there are millions of entries on both sides, thousands of trades happen every millisecond and you'll have to pay the stock exchange a lot of money to give you all this information in real time.  That's what high frequency traders are doing. They use highly specialised computer systems to exploit differences in stock exchanges all over the world. It's called arbitage. They have to be faster than the other guy. This race has gone on for a few years now, so that the limiting factor starts to become the speed of light. YOU are not going to benefit, or else you would not be asking questions on PERSONAL finance :)"}
{"_id": "467853", "title": "", "text": "I did this for the last tax year so hopefully I can help you. You should get a 1099-B (around the same time you're getting your W-2(s)) from the trustee (whichever company facilitates the ESPP) that has all the information you need to file. You'll fill out a Schedule D and (probably) a Form 8949 to describe the capital gains and/or losses from your sale(s). It's no different than if you had bought and sold stock with any brokerage."}
{"_id": "467857", "title": "", "text": "I would pay the minimum amounts on all loans then pay off the $5,500 @ 7.25% (highest interest rate), then pay any remainder on the $2,000 @ 5.5%.  Even though (1) and (3) are at the same rate, I would pay (3) off first as it is a smaller amount and thus can be paid off sooner - giving you less loans to concentrate on paying off ."}
{"_id": "467860", "title": "", "text": "You can be favor of this instance of the mechanism, as well as in favor of the mechanism's existence while still disagreeing with its implementation elsewhere. Private companies should be allowed to do this, even if sometimes I don't like who they choose to use it against."}
{"_id": "467868", "title": "", "text": "\"The rent payment is in principle taxable. However, you should be able to take advantage of the \"\"rent a room\"\" scheme, and the proposed rent falls well under the \u00a37,500/year tax threshold for that. So no tax will be actually payable and you don't have to formally declare it as long as you stay below that threshold. You should also be fairly well legally protected in case you do split up in future and you want to remove her. As you would be living there too, she would just be a lodger, not a tenant (technically, an \"\"excluded occupier\"\"). If you did want her to leave you would only need to give reasonable notice and wouldn't need a formal court order if you needed to force her to go. As JBentley points out, there have been court cases where domestic partners contributing to household expenses while the other partner paid the mortgage have later been able to claim that this implied joint ownership. This was on the basis of a \"\"constructive trust\"\" being implicitly setup by the way they arranged their finances. In your case, if there's a clear intention, formalised in writing, for the money to be treated as rent rather than a contribution towards purchasing the property, I think it should make it very hard to claim the contrary later. I would also suggest you be clear about whether the rent includes a share of the utility bills, and that things like groceries would be handled separately and split 50:50 or whatever. As pointed out in a comment, there are template agreements for lodgers you could use a starting point (e.g. this one), but it's likely you'd need to customise it to your circumstances. Another point made in another answer is that there's potential upcoming legislation to give some rights to cohabiting partners. In the current draft, those would kick in after three years or having children. If the bill does come into effect, you'd also be able to sign an opt out, but only after getting legal advice, and it would still be possible (though presumably hard) to persuade a court to overturn an opt out. Overall that does create a small risk to you, but not one that comes directly from your girlfriend paying rent. It's likely that if you are both on an equal financial footing and had always kept your finances separate, that there wouldn't be any award made anyway. And you can't run your entire life on hypothetical risks.\""}
{"_id": "467875", "title": "", "text": "\"First Bernie, I found something I hadn't seen before. I will need to see sources, but actually they are claiming that it is on every stock, bond or derivative. As more than half of Americans just own stock, that would hurt a lot of people.  To get a better route on this argument we need to do something first about the first part of your response.  We need to separate what I'm just going to call the \"\"old infrastructure\"\" and the \"\"new infrastructure\"\", let's say the difference is all new infrastructure is what I've had a \"\"say\"\" in, either I was able to vote for the politician/referendum.  If I vote no against that politician/referendum, that means I am not asking for it. That is clearly not the same as \"\"I didn't ask to be born\"\"  Even if I didn't vote in the poll, that still doesn't mean that I should be implicitly taken as a yes.  &gt; I am sure there are millions of people born in third world countries who would feel for your horrible plight!  Ah yes, the people have it worse than you do argument. I really don't need to say anything else to that.  &gt; Ahh, but either exist without society and the stability of civilization? While Democracy and a Republic are imperfect, they are a sight better than a Theocracy or a monarchy.  I love how you assume that it takes a government to have a stable civilization.  Also, it's not like I'm advocating for a Theocracy or Monarchy so that really doesn't matter. I advocate for something better than a Democracy or Republic. A society in which involves individuals as the key element of society. I want individuals to have maximum freedom to pursue their own goals however they see fit as long as they don't interfere with others natural rights.  None of which needs the involvement of the government to do so. All of which we can discuss if you would like.  The only infrastructure I truly need to trade stock now is my computer (made by a private business), my electricity (provided to me by another private business), and my internet connection.  Yes you can make the argument that the government \"\"created the internet\"\". Really they created packet switching but regardless.  The internet doesn't have much function if you have no interface to use it with. Xerox made not only the first graphical computer, which of course later inspired Steve Jobs at Apple, they also made the first standardized Ethernet connection.  The internet is nothing if you can't even connect to it.  Additionally, it's not like a private enterprise couldn't maintain the internet infrastructure. They do virtually everything that runs from the backbone to my apartment.  So really, I don't need the government to be able to trade my stocks.  &gt; Statistics tell us otherwise.  That is simply not the case, you said yourself earlier that it was something that we can't know. You're right in the aspect that we can't know. The past is the past and the present is the present. It is impossible to see what would have happened if we changed X in the past.  Statistics can help us with things like demographics in Iran or probabilities of being rich. However, \"\"statistics\"\" can't help us in this case.  Thank you for the compliment. I do admire your ability to maintain your debate without defaulting to something like yelling and screaming, ad hominems, etc.    Edit: I don't know why I didn't immediately think of this, I remember reading all of the articles about it. There are a lot of examples like the f-35 fighter jet that cost American Taxpayers nearly $1.5 trillion.  http://time.com/money/4310099/f-35-budget-pay-free-college-student-loans/  I'll need to find some links to it. But I also remember seeing that the Pentagon misappropriated I think somewhere in the range of $6.5 trillion on their balance sheet. Just gone, the value of 8x Apple Corporation, just \"\"disappeared\"\".  To put just those two issues in perspective, that is almost 25,000 for every man, woman, and child in this country\""}
{"_id": "467878", "title": "", "text": "The most important thing to achieve success is to dream. And when you have a dream, the next challenge is how to achieve it. Loan Against Property helps you in fulfilling that dream. So go on, while you make your plans, allow to create certain they reach their heights"}
{"_id": "467880", "title": "", "text": "The sun rises over East Asia and with it Monday comes.  If this week is anything like last week you would have done well to save your energy because I am sure there is lots of fun and games to come.  What pillars of American society shall we crush this week, what foundations shall we witness crumble to dust, what shall we trod over in the coming days  Oh . .don't worry poppets  Whats the worst that could happen?"}
{"_id": "467890", "title": "", "text": "Net Neutrality has more to do with the fact that companies could start prioritizing or blocking access to certain websites and services where they have an incentive to.   To use you example of roads, say for instance that a car manufacturer paid the govt to have the speed limit raised for their vehicles or even reduced the speed limit for other manufacturers. This would create an I level playing field.   That is closer the reality of NN, than your example."}
{"_id": "467894", "title": "", "text": "\"Genuine (nearly) passive income can be had from some kinds of investing. Index funds are an example of a mostly self-managing investment. Of course investment involves some risk (the income is essentially paying you for taking that risk) and returns are reasonable but proportional to the risk -- IE, not spectacular unless the risk is high. If someone is claiming they can get you better than market rate of return, look carefully at what they are getting out of it and what the risks are. Fees subtract directly from your gains, and if they claim there is no additional risk, they need to prove that. You are giving someone your money. Be very sure you are going to get it back. If it isn't self-evident where the income comes from, it's probably a scam. If someone is using the term \"\"auto-pilot\"\", it is almost certainly a scam. If they are talking about website advertising and the like, it is far from autopilot if you want to make any noticable amount of money (though you may make money for them).\""}
{"_id": "467896", "title": "", "text": "Buy used vending machines, fill them with high margin high demand shelf stable items, negotiate leases in high traffic areas. For example, single diapers and servings of formula at a children's playground. Or flipflops and breath mints outside a night club."}
{"_id": "467898", "title": "", "text": "\"I think there's a measure of confirmation bias here. If you talk to somebody that started a successful business and got a million out of it, he'd say \"\"it's easy, just do this and that, like I did\"\". If you consider this as isolated incident, you would ignore thousands of others that did exactly the same and still struggle to break even, or are earning much less, or just went broke and moved on long time ago. You will almost never hear about these as books titled \"\"How I tried to start a business and failed\"\" sell much worse than success stories. So I do not think there's a guaranteed easy way - otherwise we'd have much more millionaires than we do now :) However, it does not mean any of those ways is not worth trying - whatever failure rate there is, it's less than 100% failure rate of not trying anything.  You have to choose what fits your abilities and personality best - frugality, risk, inventiveness? Then hope you get as lucky as those \"\"it's easy\"\" people are, I guess.\""}
{"_id": "467900", "title": "", "text": "Actually; you may find the answer on WhatsApp blog itself http://blog.whatsapp.com/245/Why-we-dont-sell-ads"}
{"_id": "467903", "title": "", "text": "Again, if people are willing to pay him that much to speak at their university or company, what's the issue? The market is setting a price for him. How much do you think Trump was paid for his work on *The Apprentice* per episode? What is the issue with someone negotiating with someone else to exchange service for money?"}
{"_id": "467909", "title": "", "text": "Our Website http://www.ohiotheatre.net/ The Ohio Theatre lobby typically opens 1 hour prior to curtain, but, presenters may open the auditorium doors at their discretion. However, all guests must have a ticket regardless of age, and all children must be seated with an adult. The theater reserves the right to remove any person disrupting a performance or inhibiting the enjoyment of an event for guests without refund."}
{"_id": "467925", "title": "", "text": "There's also transit into and out of the top 1% - I don't have the figures at my disposal, but except for those in the 0.01%, making that hurdle doesn't imply that person will make it the next year.  For example, a couple on my street sold his bar for mucho dinero and then retired."}
{"_id": "467926", "title": "", "text": "\"An important point yet to be mentioned is that, with a standard investment, the most you can lose of your \u00a3100 stake is \u00a3100 (if the company literally goes bust, say). With shorting on the other hand, your downside is not limited to your initial stake.  You could \"\"invest\"\" \u00a3100, but end up owing \u00a3200, \u00a3500, or, well, the sky's the limit. Shorting is dangerous even for experienced investors.  For a beginner, it is about the worst possible investment strategy I can think of!\""}
{"_id": "467934", "title": "", "text": "A lot of people will probably talk about appearance, body language and all the rest of the social stuff  I say..If you have evidence to prove you are competent to do the job, concentrate on that..just the facts, clearly explained  Of course, if you are incompetent..get a nicer suit, learn how to shake hands and practice brown-nosing"}
{"_id": "467935", "title": "", "text": "This is kind of a silly article and it mostly misses the point.  First, Google and others essentially have in-house investment banking departments that are vetting, valuing, negotiating, and sealing these deals. These M&amp;A guys are mostly former bankers.   So while they may not be using investment banks, they are certainly using bankers. Google has $60B in cash and does dozens and dozens of acquisitions each year. It's not surprising they find it appealing to move the banking function in-house.   Second, certain tech companies like Google and Facebook and Zynga have unique corporate structures where the CEO / founders retain majority voting control of their companies.   This means guys like Zuckerberg, Page, Brin, Pincus et al control over 50% of all voting shares and they cannot be ousted by the board of directors, nor can they be overruled on any matter via a proxy battle. This gives these founders far reaching control over M&amp;A and thus you see deals like the $19B cash + stock WhatsApp acquisition (and Instagram); both of these deals were reportedly driven by Zuckerberg himself who not only initiated and vetted the deals, but determined the price.   Most CEOs do not have this kind of latitude.   Third, within Silicon Valley, the network is very small and tight and everybody knows each other. The CEOs, founders, VCs, etc...they all know each other and they know who to call when they are looking to acquire.  It's not like Zuck needs a banker to tell him to check out Snapchat..."}
{"_id": "467936", "title": "", "text": "For the case of spinoffs it reflects the market as activities as the specific steps that have to be followed take place. For example the spinoff of Leidos from SAIC in 2013. (I picked this one becasue I knew some of the details) On September 9, 2013, the Board of Directors of SAIC, Inc.(Ticker   Symbol (NYSE):SAI) approved the following:  The separation of its technical, engineering and enterprise information technology services business through the distribution of   shares of SAIC  Gemini, Inc. to stockholders.  Each stockholder of   record of SAIC, Inc. as of  September 19, 2013 (Record Date) will   receive one (1) share of SAIC Gemini, Inc. common stock for every   seven (7) shares of SAIC, Inc. common stock  held by such stockholder   as of the Record Date.   This distribution will be effective after   market close on September 27, 2013 (Distribution Date).  After the   Distribution Date, SAIC Gemini, Inc. will be renamed Science   Applications International Corporation (New SAIC). A one (1) for four (4) reverse stock split of the SAIC, Inc. common stock effective as of Distribution Date. After the Distribution Date,   SAIC, Inc. will be renamed Leidos Holdings, Inc. (Leidos). Q 11: What are the different trading markets that may occur between   Record Date and Distribution Date? A: Beginning two days prior to the Record Date of September 19, 2013   through the Distribution Date on September 27, 2013, there may be   three different trading markets available with respect to SAIC, Inc.   and the separation. Stock Ticker \u2013 SAI (Regular Way Trading with Due Bills): Shares of SAI common stock that trade on the regular-way market will trade with   an entitlement to shares of the New SAIC common stock distributed on   the Distribution Date.  Purchasers in this market are purchasing both   the shares of Leidos and New SAIC common stock. Form of Stock Ticker \u2013SAIC (When Issued Trading): Shares of New SAIC common stock may be traded on a \u201cwhen-issued\u201d basis.  These   transactions are made conditionally because the security has been   authorized, but not yet issued.  Purchasers in this market are only   purchasing the shares of  New SAIC common stock distributed on the   Distribution Date. Form of Stock Ticker \u2013 LDOS (Ex-Distribution Trading): Shares that trade on the ex-distribution market will trade without an entitlement   to shares of New SAIC common stock distributed on the Distribution   Date.  Purchasers in this market are only purchasing the shares of   Leidos common stock. So the stock price for New SAIC starts a few days before the record date of 19 September 2013, while LDOS (new name for the old SAIC) goes back much earlier. But the company didn't split until after the close of business on 27 September 2013. http://investors.saic.com/sites/saic.investorhq.businesswire.com/files/doc_library/file/GeneralStockholder-QuestionsandAnswers.pdf"}
{"_id": "467969", "title": "", "text": "\"Sure thing. There is a pretty well established level of understanding that interviewers expect from undergrads (expecially from finance majors) which will fall under the technical questions part of the interview. You can find them on wso, vault guide to ib, and elsewhere. You can ask people at specific banks, but they'll mostly recite \"\"know your technicals.\"\"\""}
{"_id": "467988", "title": "", "text": "&gt;If you don't have a charger and you run out of battery, you're screwed.  I agree. I have this image of a post apocalyptic future: a Henry Bemis-alike sitting on the steps of Amazon HQ, on his knees, with a Kindle that shows the status: 5% battery life remaining."}
{"_id": "468010", "title": "", "text": "Start as soon as you can and make your saving routine.  Start with whatever you feel comfortable with and be consistent.  Increase that amount with raises, income gains, and whenever you want."}
{"_id": "468015", "title": "", "text": "\"Agreed, and the problem is the product. I have Sony Reader, and I love the device itself, but the Adobe DRM that most (all?) non-amazon ebookstores use is locked to Adobe's eBook software \"\"Reader\"\" (not to be confused with Adobe Reader) is really buggy and completely vanilla in terms of features. It's so bad that I use Calibre whenever I can, and Calibre isn't exactly intuitive software, but at least it has some functionality in terms of converting formats and organizing my library.\""}
{"_id": "468016", "title": "", "text": "In general, you don't need to keep bills around for more than a few months.  The exceptions are: anything that was itemized on your federal or state income taxes. You want to keep these around for seven years in case of an audit by the IRS brokerage statements buying/selling stocks, bonds, mutual funds, etc.  You need to know how much you bought a stock for when you sell it, to calculate capital gains. information relating to major renovations to your house.  This can be used to reduce the gain when you sell. anything relating to a business, again for tax and valuation purposes. When selling a house, the last years worth of utility bills might be useful, to show potential buyers. However, I get almost all of my recurring bills electronically now.  They get saved and backed up.  In that case, its easier to just keep everything than to selectively delete stuff.  It takes very little space, is easier to find things than in paper files, and is much less hassle when moving than boxes full of paper."}
{"_id": "468025", "title": "", "text": "Opening - is the price at which the first trade gets executed at the start of the trading day (or trading period). High - is the highest price the stock is traded at during the day (or trading period). Low - is the lowest price the stock is traded at during the day (or trading period). Closing - is the price at which the last trade gets executed at the end of the trading day (or trading period). Volume - is the amount of shares that get traded during the trading day (or trading period). For example, if you bought 1000 shares during the day and another 9 people also bought 1000 shares each, then the trading volume for the day would be 10 x 1000 = 10,000."}
{"_id": "468047", "title": "", "text": "Don't let tax considerations be the main driver. That's generally a bad idea. You should keep tax in mind when making the decision, but don't let it be the main reason for an action. selling the higher priced shares (possibly at a loss even) - I think   it's ok to do that, and it doesn't necessarily have to be FIFO? It is OK to do that, but consider also the term. Long term gain has much lower taxes than short term gain, and short term loss will be offsetting long term gain - means you can lose some of the potential tax benefit. any potential writeoffs related to buying a home that can offset capital gains? No, and anyway if you're buying a personal residence (a home for yourself) - there's nothing to write off (except for the mortgage interest and property taxes of course). selling other investments for a capital loss to offset this sale? Again - why sell at a loss? anything related to retirement accounts? e.g. I think I recall being able to take a loan from your retirement account in order to buy a home You can take a loan, and you can also withdraw up to 10K without a penalty (if conditions are met). Bottom line - be prepared to pay the tax on the gains, and check how much it is going to be roughly. You can apply previous year refund to the next year to mitigate the shock, you can put some money aside, and you can raise your salary withholding to make sure you're not hit with a high bill and penalties next April after you do that. As long as you keep in mind the tax bill and put aside an amount to pay it - you'll be fine. I see no reason to sell at loss or pay extra interest to someone just to reduce the nominal amount of the tax. If you're selling at loss - you're losing money. If you're selling at gain and paying tax - you're earning money, even if the earnings are reduced by the tax."}
{"_id": "468049", "title": "", "text": "I realize this is a stale topic, but to anybody who may swing by looking for an answer to this question (on the recently revised W-8BEN), a foreign taxpayer can get an individual taxpayer identification number (ITIN) without being resident in the US.  However, an ITIN will often not be necessary for W-8BEN purposes if you have a tax number from your local jurisdiction.  Check the Form W-8BEN instructions for your specific situation, but some taxpayers will need neither a US-issued ITIN nor a foreign-issued TIN. Forming a Delaware or Nevada LLC would be expensive and generally subject to federal and state tax and filing obligations.  It would also moot the need for a W-8BEN, which only applies to foreign taxpayers; the equivalent form for domestic taxpayers is Form W-9."}
{"_id": "468058", "title": "", "text": "This is what I was going for with an above example. The farmer may have worked to provide 12 apples, but if he leaves them outside and I pick them up, I've done almost nothing.. and yet the guy who wants apples is still willing to trade 1 pelt for twelve apples, cause hey, he likes apples."}
{"_id": "468086", "title": "", "text": "If you have the skills and the desire, you can start small as a side business while working a regular job. Get client referrals from friends and friends of friends that utilize your services. I know a few small business owners who started companies exactly that way. Eventually their side gig, became their main gig. Some sold out for millions and others are enjoying what they do, and now employ other people to assist them."}
{"_id": "468087", "title": "", "text": "Your analysis is correct.  The income statement from Google states that LinkedIn made $3.4 million in 2010 - the same number you backed into by using the P/E ratio.  As you point out, the company seems overvalued compared to other mature companies.  There are companies, however, that posts losses and still trade on exchanges for years.  How should these companies be valued?  As other posters have pointed out there are many different ways to value a company.  Some investors may be speculating on substantial growth.  Others may be speculating on IPO hype. Amazon did not make a profit until 2003.  Its stock had been around for years before that and even split many times.  If you bought the stock in 1998 and still have it you would be doing quite well."}
{"_id": "468089", "title": "", "text": "According to the link you provided, these inflation numbers are the year-over-year inflation amounts for a given month.  For example the February number of 7% means from February 2015 to February 2016 the annual inflation rate was 7%.  It's difficult to nail down the impact of inflation at a micro level from month to month.  You need to understand what's in the basket of goods.  As an example, the price of a widget won't move from $1 to $1.04 in one month because of a 4% inflation rate. But considering the incremental price changes of a large number of consumer items over a long time period you can get to an inflation rate.  The price of an apple might not have changed but maybe the price of aspirin did."}
{"_id": "468095", "title": "", "text": "\"Congratulations on keeping better track of your finances! Typically there will be a class of accounts labelled \"\"Income\"\", under which you will have a separate account for each type of income (stock dividends, paychecks, home appreciation, etc). In that case, showing your income would be a transfer from the Paycheck account to your Checking account.  Note that, as there are no offsetting transactions, this means your income account will steadily accrue a balance over time - just ignore this number, it's only the sum of all your paychecks.  There are methods of dealing with that number (and making the income account have a zero balance), but you don't need to worry about it at this stage.  Just learning to properly track expenses is the major accomplishment.\""}
{"_id": "468104", "title": "", "text": "I'll write this up as a more formal answer, here. I'd suggest looking into a Home Equity Line of Credit, or HELOC. You didn't mention in your question how much equity you have in the home, but assuming at least 20%, you might be able to open a HELOC with a line of $40,000. My experience is that you can do 50% of your equity, but depends on the bank. Here are a few notes that are generally in play with HELOC's (YMMV, so be sure to know the specifics before signing on the line) Doing this, at least when we did 8 years ago, did not subject us to PMI. There are certainly plenty of things to research, but it sounds like you're pretty astute based on how you're evaluating the financial side of this endeavor. There are no guarantees in real estate. Houses could be selling like crazy now, but in 6 months they might not. It certainly sounds like that's a lower risk in your area, but you never know what might happen. If you're taking on this extra line of credit, make sure that it's something you could afford should the worst case scenario happen.  Equity loans are also available. This is a more traditional fixed-rate loan rather than line of credit, so you'd be looking at set monthly payments rather than the flexibility of paying interest only when you need to. There's a brief write-up on the differences here. I have also heard of a construction loan, which falls into the same category as the aforementioned options, but I can't speak to today's market on those."}
{"_id": "468108", "title": "", "text": "\"Everything is worth what its purchaser will pay for it - Publilius Syrus It could be that, despite predictions from experts to the contrary, investors believe that renegotiating trade deals will have a positive affect on the economy, despite the upheaval uncertainty, and risk that it brings.  Keep in mind that, as Pete B points out, this is part of a bigger post-election trend many people refer to as the \"\"trump rally,\"\" which is a factor of more than one policy. Whether or not these policies will actually result in an a more robust economy, investors seem to be betting that it will.\""}
{"_id": "468115", "title": "", "text": "But if someone already payed for it once, they should consider making it available to others. There is alot of things that costs money but is available for free on the internet today. I find it hard that alot of people with access would not share that kind of info, just to screw with the big guys."}
{"_id": "468123", "title": "", "text": "\"No one thinks a flat tax is a good idea.  As someone that has a good income, I would love to be paying 20%.  But I doubt a poorer person paying 5% would agree.  Flat tax is regressive and hurts poorer people the most.  \"\"The flat tax falls flat for good reasons\"\"  https://www.washingtonpost.com/posteverything/wp/2015/05/26/the-flat-tax-falls-flat-for-good-reasons/\""}
{"_id": "468128", "title": "", "text": "This situation is certainly difficult to handle. While there are good reasons for and against giving or loaning money directly why not handle this in an open and honest way?  Give your friends the link to your question, which shows that you care about their well-being and the friendship. It also shows that you are deeply concerned that the situation might become worse if they are unable to get the finances in order.  If a close friend of mine would be so concerned it would definitely get me starting to think about the situation and possible ways out of it. There will be no single solution to the problems they are facing but having friends that actually care can stabilize such a tricky situation much more than any small financial gain. When a friend of mine was in deep financial trouble he did not hang out with us anymore because we often met in bars or caf\u00e9s which were at that point just too expensive for him. So simply changing the location to a less expensive place allowed him to participate in social life again and was much better if we would have payed for him and created an atmosphere of social debt."}
{"_id": "468131", "title": "", "text": "\"Ha! If you read his story this guy is a natural businessman. It's just that he didn't care how he made money, so that got him arrested.  \"\"Hutson spent over four years in prison after getting busted for an opportunity he saw in drug trafficking, a huge market, and one that was as he saw it, ripe for disruption. Police busted him at his Vegas mail store, where he\u2019d been reducing inefficiencies by rerouting marijuana through his Florida business via FedEx, UPS and DHL.\"\"\""}
{"_id": "468141", "title": "", "text": "To understand the answer we first have to understand what Goodwill is. Goodwill in a companies balance sheet is an intangible asset that represents the extra value because of a strong brand name, good customer relations, good employee relations and any patents or proprietary technology. An article from The Economist explains this very well and actually talks about Time Warner directly - The goodwill, the bad and the ugly When one firm buys another, the target\u2019s goodwill\u2014essentially the   premium paid over its book value\u2014is added to the combined entity\u2019s   balance-sheet. Goodwill and other intangibles on the books of   companies in the S&P 500 are valued at $2.6 trillion, or 10% of their   total assets, according to analysts at Goldman Sachs. As the economy deteriorates and more firms trade down towards (or even   below) their book value, empire-builders are having to mark down the   value of assets they splashed out on in rosier times. A recently   announced $25 billion goodwill charge is expected to push Time Warner   into an operating loss for 2008, for instance. Michael Moran of   Goldman Sachs thinks such hits could amount to $200 billion or more   over the cycle. Investors have so far paid little attention to   intangibles, but as write-downs proliferate they are likely to become   increasingly wary of industries with a high ratio of goodwill to   assets, such as health care, consumer goods and telecoms. How bad things get will depend on the beancounters. American firms   used to be allowed to amortise goodwill over many years. Since 2002,   when an accounting-rule change ended that practice, goodwill has had   to be tested every year for impairment. In this stormy environment,   with auditors keener than ever to avoid being seen to go easy on   clients, companies are being told to mark down assets if there is any   doubt about their value. The sanguine point out that this has no effect on cashflow, since such   charges are non-cash items. Moreover, some investors take goodwill   write-offs with a pinch of salt, preferring to look past such   non-recurring costs and accept the higher \u201cnormalised\u201d earnings   numbers to which managers understandably cling. The largest companies   are thus able to survive thumping blows that might otherwise floor   them, such as the $99 billion loss that the newly formed but   ill-conceived AOL Time Warner, as it then was, reported for 2002. But   the impact can be all too real, as write-downs reduce overall book   value and increase leverage ratios, a particular concern in these   debt-averse times."}
{"_id": "468144", "title": "", "text": "Even without fraud, a company can get into serious trouble overnight, often through no fault of their own. That's part of the hazard of being part owner of a company -- which is what a share of stock is. As a minority owner not involved in actually running the business, there really isn't a lot you can do about that excep to play the odds and think about how that risk compares to the profit you're taking (which is one reason the current emphasis on stock price rather than dividends is considered a departure from traditional investing) and, as everyone else has said, avoid putting too much of your wealth in one place."}
{"_id": "468148", "title": "", "text": "I'll give it a shot, even though you don't seem to be responding to my comment. SIPC insures against fraud or abuse of its members. If you purchased a stock through a SIPC member broker and it was held in trust by a SIPC member, you're covered by its protection. Where you purchased the stock - doesn't matter. There are however things SIPC doesn't cover. That said, SIPC members are SEC-registred brokers, i.e.: brokers operating in the USA. If you're buying on the UK stock exchange - you need to check that you're still operating through a US SIPC member. As I mentioned in the comment - the specific company that you mentioned has different entities for the US operations and the UK operations. Buying through them on LSE is likely to bind you with their UK entity that is not SIPC member. You'll have to check that directly with them."}
{"_id": "468154", "title": "", "text": "No need to apologize.  I'm wrong many times too.  Africans are incredibly entrepreneurial.  They have to be.  With zero government safety net, they don't have a choice.  But corruption is so endemic and engrained in their culture, progress is not just stifled, it's impossible.  The trillions thrown Africa's way over the past decades has not trickled down.  It's a bit like the bank bailouts in the west. The ordinary person hasn't benefited at all."}
{"_id": "468162", "title": "", "text": "\"The problem with these services is that they resell a random assortment of programs at a pretty high price.  Buying the programs a la carte adds up quick, especially when a SD stream of varying quality costs as much or more than the DVD set when it is released (don't get me started on the HD up-charges).  That's per show, per season.  It makes it really expensive to catch up on a season, when you are essentially \"\"buying the seasons\"\" to stream them, when all you want to do it \"\"rent them\"\" instead.  The way this is not like steam, and the point I think OP is trying to make, is that stuff is all over the place.  People don't want to have to jump between Hulu, CBS.com, iTunes, Netflix, Amazon, etc.  Plus, some places have some things for free, some charge a monthly fee, some charge per-view (rent), some charge once per show/season/movie (buy), etc.  Some offerings that are free are actually sold for a fee through other services.  Right now, it's sort of a mess.  I'm not even sure what the right model is (buy, rent, season pass, ad-supported, etc) and I'm sure there will be competing models for the foreseeable future.\""}
{"_id": "468178", "title": "", "text": "\"A paper EE series US Savings Bond is what is called a zero-coupon bond: you buy it at a discount from the face value (50% discount for US Savings Bonds), and it earns interest though you don't get the interest as cash (that you could invest elsewhere). Instead, the interest earned increases the  redemption value of the bond -- the money that you will receive if you take the bond to your bank to cash it in before the maturity date. When the bond finally matures, its redemption value has increased to the full face value.  The maturity date for paper EE series US Savings Bonds issued in May 1995 is 17 years. Now, with zero-coupon bonds in general, the IRS requires that the interest earned each year be reported as interest income even though you did not receive any cash income, and tax is due on the interest (unless it is a tax-free municipal bond or the bond is held in a tax-deferred investment such as an IRA or 401(k) plan). However, there is a special exemption for EE Series US Savings Bonds in that the owner has the option of not declaring the interest each year but instead reporting all the accumulated interest as interest income in the year of redemption. (Most people choose this option). It is not capital gains as you would like to be.   So, if your grandfather paid $11K$ for EE series US Savings Bonds in May 1995, the face value of the bonds he received was $22K, and, assuming that your grandfather followed typical practice, the bonds were worth $22K in May 2012, and $11K interest income needed to be declared that year.  This matches up pretty well with the amount the IRS told him was interest income on which he had to pay income tax (though the year is off by 3).  Now, your grandfather died in 2008, and what happened to the bonds depends on in whose name(s) the bonds were registered (e.g. was your father named as the survivor on the bond), or, if your grandfather was the sole owner, how your grandfather's estate was handled (the interest accrued till your grandfather died belonged to the estate). Note also that EE series bonds continue to earn interest in years 18 through 30 after they mature, but at maturity, the interest rate is reset by the Treasury, usually to the long-term interest rate which has been very small over the past many years. So, the interest earned in 2012-2015 when your father effectively redeemed the bond is small enough that the \"\"approximately $11K\"\" could be construed as covering $11.3K consisting of $11K of interest before maturity and $300 interest (at about 1% per annum) over the three-year post maturity period. The $100 interest earned by you for the current year sounds about right too. All in all, it might be the case that your grandfather bought the bonds in his name, your father's name, and your name (were you very young in 1995?), your father and you inherited the bonds in 2008, and then your father removed your grandfather's name from the bonds in 2015, thus transferring the bonds to his name and yours in 2015, and soon thereafter removed his name, transferring the bonds into your name alone. As to why 2015 and not 2008 when your grandfather passed away, did you turn 21 in 2015 (twenty years after the bonds were bought)?\""}
{"_id": "468186", "title": "", "text": "This!  The quality of life for most is deteriorating.  Just because the poor can afford a hand-me-down Iphone doesn't mean their life isn't shit (kind of like that recent picture of the homeless guy with a smart phone).  Yes in some ways their quality of life is better, with access to smartphones and Ipads, but what about the necessities like food and shelter?  Those things are becoming ever increasingly more expensive.  If the quality of life was improving for the masses, then we wouldn't be having this conversation about inequality now would we?"}
{"_id": "468188", "title": "", "text": "What I know about small companies and companies who are not listed on the stock markets is this: If a small company has shares issued to different people either within an organization or outside the value of the shares is generally decided by the individual who wants to sell the share and the buyer who wants to buy it. Suppose my company issued 10 shares to you for your help in the organization. Now you need money and you want to sell it. You can offer it at any price you want to to the buyer. If the buyer accepts your offer thats the price you get. So the price of the share is determined by the price a buyer is willing to buy it at from you. Remember the Face value of the shares remains the same no matter what price you sell it for. Now annual profit distribution is again something called dividends. Suppose my company has 100 shares in total out of which I have given you 10. This means you are a 10% owner of the company and you will be entitled to 10% of the net profit the company makes. Now at the end of the year suppose my company makes a 12,000 USD net profit. Now a panel called board of directors which is appointed by share holders will decide on how much profit to keep within the company for future business and how much to distribute about share holders. Suppose they decide to keep 2000 and distribute 10,000 out of total profit. Since you own 10% shares of the company you get 1000. The softwares you are talking are accounting softwares. You can do everything with those softwares. After-all a company is only about profit and loss statements."}
{"_id": "468225", "title": "", "text": "That's a rearrangement of the fisher equation; which is the correct way to determine real rates.  However, people often use the approximation real \u2248 nominal - inflation; and if you're doing this for homework on software that is looking for exactly 1 numerical answer, they may be expecting you to use that instead.  Real interest rate is less formal nomenclature and refers to using the approximation.  Inflation-adjusted return is the fisher equation.   In the real world you will use the approximation when you're figuring out a real rate while you're talking mid-sentence during a meeting; and use the fisher equation in spreadsheets/calculations."}
{"_id": "468241", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.learnliberty.org/blog/why-some-people-think-hurricane-harvey-is-good-for-the-economy-and-why-they-are-wrong/) reduced by 93%. (I'm a bot) ***** &gt; Several times this week I&amp;#039;ve heard people claim that Hurricane Harvey and the destructive flooding it has inflicted on Texans will actually be good for our economy because it will provide a boost to US GDP. Is that really true?  &gt; Say the believers in the theory that disasters can benefit the economy, these people will have to spend money replacing their lost belongings and rebuilding their damaged property.  &gt; Will Harvey really increase GDP? Yes, people will need to rebuild.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xhftu/why_some_people_think_hurricane_harvey_is_good/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~202656 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **rebuild**^#1 **people**^#2 **economy**^#3 **GDP**^#4 **disaster**^#5\""}
{"_id": "468246", "title": "", "text": "The only real option (long-term) is for businesses to move to other areas and re-distribute the population, which would allow for cheaper areas/homes to become viable options.  This has actually begun to happen really, not many people may be aware yet of what's occurring in Nevada today.  Apple just joined Tesla and Switch in announcing billion dollar investments in Virginia City, Nevada. Google also made huge land purchases. The tech population has begun moving into cheaper areas already and many people will follow, to cheaper homes and lower costs of living.  All people are to blame for this real estate situation, everyone is just looking out for themselves and they are all concentrating in specific areas - naturally costs will rise.  Re-distributing the population geographically (businesses + wealth) will relieve this kind of stress happening in focused areas."}
{"_id": "468249", "title": "", "text": "Law Office of Daniel J. Caplis Daniel J. Caplis is the founding partner of the Law Office of Daniel J. Caplis, and he has been practicing law for more than 30 years. In his first year out of law school, Daniel J. Caplis served as the lead trial attorney in a medical malpractice case that involved horrible birth injuries to a set of triplets. After the case, Daniel J. Caplis knew he wanted to spend the rest of his career defending those whose lives were changed forever because of the carelessness of others."}
{"_id": "468267", "title": "", "text": "\"I was a millennial \"\"stuck\"\" in New York. I was in law school when the crash happened. I wanted to practice in smaller cities like CLT or ATL but immediately after the crash there were very few jobs, while New York started doing deals again by about late 2009. So I had to go to NY.   You end up getting \"\"stuck\"\" because of the barriers to move. For me it was the bar. But there are others like markets that recovered more slowly, experience requirements set by employers, the fact that there are simply more jobs in large urban markets. Most of my law school class started in SF, NY, Chi, and LA. Now we're on our 2nd firm or city in CLT, ATL, HOU, MIA, etc.\""}
{"_id": "468297", "title": "", "text": "Maybe the EU really ISN'T really that important, and the financial problems that have resulted from European integration are evidence that state sovereignty and self-determination are what's important... But hey, what do I know, I'm not a rich banker/bureaucrat who profited off the whole imposed mess at the expense of the ordinary working people."}
{"_id": "468299", "title": "", "text": "I thought it was somewhat of a dick move to lmgtfy since it is like here since you can't do it for yourself, I'll show you how. I was trying to make a point though. I don't think saying that I don't get why people don't Google simple things is being a dick again."}
{"_id": "468338", "title": "", "text": "Greenandorganichome.com is one of the best places to find all of your ecofriendly home dcor. We are dedicated to offer piece of mind that all of our environmentally friendly furniture and decor has been selected with Mother Earth in mind. We want you to love your home dcor, and feel great that you have a Green &amp; Organic Home."}
{"_id": "468349", "title": "", "text": "Aswath Damodaran's [Investment Valuation 3rd edition](http://www.amazon.com/Investment-Valuation-Techniques-Determining-University/dp/1118130731/ref=sr_1_12?ie=UTF8&amp;qid=1339995852&amp;sr=8-12&amp;keywords=aswath+damodaran) (or save money and go with a used copy of the [2nd edition](http://www.amazon.com/gp/offer-listing/0471414905/ref=dp_olp_used?ie=UTF8&amp;condition=used))  He's a professor at Stern School of Business. His [website](http://pages.stern.nyu.edu/~adamodar/) and [blog](http://aswathdamodaran.blogspot.com/) are good resources as well. [Here is his support page](http://pages.stern.nyu.edu/~adamodar/New_Home_Page/Inv3ed.htm) for his Investment Valuation text. It includes chapter summaries, slides, ect. If you're interested in buying the text you can get an idea of what's in it by checking that site out."}
{"_id": "468361", "title": "", "text": "If the USPS went away, how would FedEx and UPS deliver packages to all those rural and remote customers?  Actually, I know the answer to this one.  If the USPS went away, not everybody in the USA would be able to receive packages.  Commercial delivery operations only serve areas that are profitable."}
{"_id": "468381", "title": "", "text": "I have not looked in details but apparently the company has (at least) a dual listing in Hong Kong (its main listing, ticker 700) and in the US (ticker TCTZF). It also has an ADR (TCEHY), the underlying of which is the HK line. The two US listings essentially trade at the same price and will provide very similar returns but a major difference is that TCTZF pays dividends in HKD whereas TCEHY pays its dividends in USD. The latter may be more convenient depending on the account you use to trade the stock. The ADR line is also more liquid."}
{"_id": "468388", "title": "", "text": "So, child, your goal is to make money? This is usually achieved by selling goods (say, lemonade) at a price that exceeds their cost (say, sugar, water and, well, lemons). Options, at first, are very much same in that you can buy the right to engage in a specific future trade. You make money in this situation if the eventual returns from the scheduled trade cover the cost of purchasing the option. Otherwise you can simply opt out of the trade -- you purchased the right to trade, after all, not any type of obligation. Makes sense? Good. Because what follows is what makes options a little different. That is, if you sell that same right to engage in a specific trade the situation is seemingly reversed: you lock in your return at the outset, but the costs aren't fully realized until the trade is either consumed or declined by the owner of the option. And keep in mind that it is always the owner of the option who is in the driver's seat; they may sell the option, hold on to it and do nothing, or use it to engage in the anticipated trade. And that's really all there's to it."}
{"_id": "468408", "title": "", "text": "AV Group is your go-to audiovisual company. Whether you are holding a small business meeting or multi-venue conference, AV Group has you covered for the equipment, expertise, and service you need to leave a lasting impression. Call or stop by the site today!"}
{"_id": "468422", "title": "", "text": "Retail companies selling their real estate holdings isn't uncommon and is actually pushed for by shareholders sometimes (see Macy's and Starboard Value). The fact that the CEO bought them seems unique but not necessarily means there was an issue. I would think that type of transaction would get a lot of scrutiny so would be surprised if he could pull off any fuckery. The disclosure seems like it might be a pretty standard disclosure known as a related party transaction that again isn't in and of itself an issue"}
{"_id": "468424", "title": "", "text": "Its only high for some areas if you consider rural people to be sub-class citizens who don't deserve access to modern technology or the ability to escape poverty or move to an urban area. They already pay more for goods, services, transport costs, and travel time. Sure housing is cheaper but a house doesn't get any cheaper to maintain just because you didn't have to pay an enormous amount of money for the land it sits on."}
{"_id": "468431", "title": "", "text": "&gt; Some 13.2% of debt in the fourth quarter of 2016 was held by those with scores below 620, compared with 19% in 2008 and 16.6% in 2003.  Don't worry, we still have 5.8% buffer before it reaches 2008 level"}
{"_id": "468437", "title": "", "text": "RobertHalf is the company that got me the temp job, the lady I met with has been easy to get in contact with and has been actively searching for me it seems. I have been e-mailing and every week and calling her every other to fill her in on my progress. I also use Parker Lynch, not sure if they are out that way but they seem rather nice as well.  I have been doing about 5-7 a day with the apps as well, I am starting to run out of places to look and starting to feel a bit defeated and getting a bit stir crazy sitting in front of my computer all day hitting refresh on all the job boards every 10 minutes.  The two actual interviews for positions I have had both ended up going to someone else, I got both interviews through networking and was told by them that they found a more qualified candidate. One a Yale B School uma cum laude and one a seasoned analyst... I interview well, but my credentials are just not good enough yet. Both companies called me and let me know they really liked me but they could not turn down the other opportunities they had. At least I got feedback I guess...  As far as learning SQL, I learned VBA with VBA for dummies, my friend recommended SQL for dummies to me as well. He knows SQL forwards and backwards and tells me it is a great learning tool."}
{"_id": "468444", "title": "", "text": "My friend there is hope. I am 36 and went back to school 3 years ago. I will graduate in December with a BBA in Finance. I have a family, (3 girls-7,4,2), I Work almost full time, have I side business, and I am heavily involved in a society on campus (the Investment Society). I crashed an Burned out of school when I was 18/19. Here in Texas your grades always follow you. We have a renew program which wipes your slate clean, but I had 16 hours I wanted to use so I took the hit. There is a difference between overall GPA and career study GPA. You can sometimes get by on the latter.  A GPA is important for getting your foot in the door and for companies who have no idea who you are. If you have an in with a company then GPA is not as important. But you have to bust it going back. Your main focus will be getting the internship with the company you know and knowing the shit out of the fields of study.  I am part of that Investment Society on campus. We grind at the subjects of time value, statistics, accounting, fundamentals, economics, technical, management, forecasting, model building, analysis, and even coding. Coding will be your biggest asset on top of knowing the fields of study.  If you can talk the shit out of the jargon, concepts, and knowledge then you will do really well. In Finance though you have to be a master of many fields to do well.  I would recommend getting your hands on some CFA study material and hit the highlights. I am nearing the end of college and realized that the CFA study material is a blueprint for a finance degree. Also get your CFA cert ASAP out of college. While everything is still fresh.  I am not going into the field directly, as I am starting a company, but others around me are landing jobs in New York and Chicago. We are a rather irrelevant school in San Antonio, but our grads are getting picked up by Goldman, Black Rock, and JP. If you know your shit and network well and are ambitious then you have a good shot.  If I can reinvent my life with all I have on my plate, then this should be cake for you. By that I mean Sweet and enjoyable. Just develop a plan, and get it done."}
{"_id": "468445", "title": "", "text": "Ok, the point you're missing is that installed base is irrelevant.  Yes, there's much more total installed natgas than solar/wind, but that's not important for calculating the impact on coal retirements.  To displace coal, you need to install something new.  That new generation means coal needs to be less profitable or get turned off.  So the real question is how much solar/wind have been installed in the last 5 years compared to natgas.  These new installations replace coal that used to be burning.  Again, early in the thread you stated that solar/wind had very little effect.  That's not true, they have a very significant effect.  Natgas deserves significant credit, but certainly not all of it."}
{"_id": "468452", "title": "", "text": "\"Don't underestimate the impact of \"\"stealing from [your] retirement\"\".  If your retirement account growth averages 9%, you're effectively \"\"borrowing\"\" from the account at 9% interest.  Look at how long it will take you to pay back the retirement account, and calculate how much \"\"interest\"\" you're paying on that money at 9%.   If it takes you 3 years to pay yourself back, you will have lost over $3,000 in opportunity cost, compared to $1,300 in interest on a 4% loan. If you don't pay yourself back (because of extra expenses that come with home ownership), over 35 years, the opportunity cost of the 10,000 you withdrew is over $230,000.\""}
{"_id": "468455", "title": "", "text": "5.3% counts as junk these days? Wow, I miss the 13 - 22% days :-). Certainly shows a lot of confidence in Teslas ability to produce Model 3's. It also is going to squeeze the short sellers a bit harder as the capital is going to push out their 'dead by' dates. I feel no pity for them."}
{"_id": "468462", "title": "", "text": "Your bank will gladly help you convert your Indian savings accounts into NRO savings accounts. You cannot change these accounts into NRE accounts directly; NRE accounts are supposed to be funded via deposits made from foreign currency accounts. Under the liberalized schemes available now, you can transfer the money in your regular savings account into your account abroad, converting it into foreign currency, if you (and your CA) provide proof to your bank (and the Reserve Bank of India) that you have paid all applicable taxes on the money in your savings account. And then you can transfer it all back into your NRE account. Perhaps you can combine these two steps into a single one, thereby putting the money in your regular savings account into an NRE account in one step, but I am sure that there will be lots of fees involved (e.g. you might get whacked by commissions, as well as the exchange rate differential as if you converted Indian rupees to US dollars, say, and then converted the dollars back to rupees) just as if you did the two-step conversion. There are no taxes involved in moving your own money into different accounts but there can be lots of fees and service charges."}
{"_id": "468473", "title": "", "text": "\"Pete and Noah addressed the math, showing how this is, in effect, converting a 30yr to a ~23yr mortgage, at a cost, plus payment about 8% higher (1 extra payment per year). No magic there. The real issue, as I see it, is whether this is the best use of the money. Keep in mind, once you pay extra principal, which in effect is exactly what this is, it's not easy to get it back. As long as you have any mortgage at all, you have the need for liquidity, enough to pay your mortgage, tax, utilities, etc, if you find yourself between jobs or to get through any short term crisis.  I've seen people choose the \"\"sure thing\"\" prepayment VS the \"\"risky\"\" 401(k) deposit. Ignoring a match is passing up a 50% or 100% return in most cases. Too good to pass up.  2 points to add - I avoided the further tangent of the tax benefit of IRA/401(k) deposits. It's too long a discussion, today's rate for the money saved, vs the rate on withdrawal. Worth considering, but not part of my answer. The other discussion I avoid is Nicholas' thoughts on the long term market return of 10% vs today's ~4% mortgage rate. This has been debated elsewhere and morphs into a \"\"pre-pay vs invest\"\" question.\""}
{"_id": "468474", "title": "", "text": "A lot of these comments are right but I'll add two: buybacks and lowering costs. Too many companies have generated hordes of cash over the years; some of it is entirely their fault, cash that wasn't used for r&amp;d (e.g. AAPL) and others simply don't have an opportunity to grow at their stage in the cooperate life cycle within their industry, so all that excess cash that has been generated for years is used for buybacks. Tech is making shit far more efficient and some companies have blotted cost structures, so introduce tech that makes the firm more efficient where applicable and cut unneeded employees."}
{"_id": "468485", "title": "", "text": "Failing some answers to my comment, I am going to make some assumptions: Based upon a quick review of this article I'd probably be in the Russell 2000 Value Index Fund (IWN).  Quite simply it gives you broad market exposure so you can be diversified by purchasing one fund. One of the key success factors is starting, not if you pick the best fund at the onset.  I can recall, 20 years ago being amazed (and it was quite a feat) at someone who was able to invest $400 per month.  These days that won't get you to the ROTH maximum and smart 20 somethings are doing just that."}
{"_id": "468490", "title": "", "text": "\"Try the general stock exchange web page. http://www.aex.nl I did a quick trial myself and was able to download historical data for the AEX index for the last few years.  To get to the data, I went to the menu point \"\"Koersen\"\" on the main page and chose \"\"Indices\"\". I then entered into the sub page for the AEX index. There is a price chart window in which you have to choose the tab \"\"view data\"\". Now you can choose the date range you need and then download in a table format such as excel or csv. This should be easy to import into any software.  This is the direct link to the sub page: http://www.aex.nl/nl/products/indices/NL0000000107-XAMS/quotes\""}
{"_id": "468501", "title": "", "text": "You should definitively check boobank. It's not a bank !, but a framework that helps people to create quick interface modules to any bank so you don't have to use your web browser anymore with them. Actually, there is already an honest list of modules to access a few banks (I guess these banks are all french banks for now), but contributing a module seems easy and reading other contributed modules should constitute a good start. So boobank can work with any bank provided the interface with the bank is written."}
{"_id": "468513", "title": "", "text": "You can't both enforce saving and have access to the money -- from what you say, it's clear that if you can access the money you will spend it. Can you find an account that allows one withdrawal every six months but no more, which should help to cut down on the impulse buys but still let you get at your money in an emergency?"}
{"_id": "468514", "title": "", "text": "If you pay off a debt through a collections agency, it will damage your credit.  Here's an alternative approach.  Settling a $10K loan for $2K, shows the lender is keen to settle.   Instead of paying the collections agency, negotiate with the lender and agree to pay 2K to settle provided that they agree to: This could be a win-win for both.  The lender gets to keep full 2K without having to pay the collection agency a fat commission and your credit isn't damaged. Not saying this will always work, but worth a try.   Pro tip: Get everything in writing before you pay anything."}
{"_id": "468527", "title": "", "text": "There are two types of 529 programs.  One where you put money aside each month. The one offered by your state may give you a tax break on you deposits. You can pick the one from any state, if you like their options better. During the next 18 years the focus the investment changes from risky to less risky to no risk. This happens automatically. The money can be used for tuition, room, board, books, fees. The 2nd type of 529 is also offered by a state but it is geared for a big lump sum payment when the child is young. This will cover full tuition and fees (not room and board, or books) at a state school. The deal is not as great if they child wants to go out of state, or you move, or they want to go to a private school. You don't lose everything, but you will have to make up the shortfall at the last minute. There are provisions for scholarship money. If you kid goes to West Point you haven't wasted the money in the 529. The money in either plan is ignored while calculating financial aid. Other options such as the Coverdell Education Savings account also exist. But they don't have the options and state tax breaks. Accounts in the child's name can impact the amount of financial aid offered, plus they could decide to spend the money on a car. The automatic investment shift for most of the state 529 plans does cover your question of how much risk to take. There are also ways to transfer the money to other siblings if one decides not to go to college. Keep in mind that the funds don't have to be spent as soon as they turn 18, they can wait a few years before enrolling in college."}
{"_id": "468535", "title": "", "text": "\"I don't know what the fuck has happened to Vice, honestly.   The Vice I knew was that of Shane Smith going to Liberia and risking his life interviewing \"\"General Butt Naked\"\".  Not this click-bait generating, 5 second attention span catering shit ...  /rant.\""}
{"_id": "468543", "title": "", "text": "As someone who took the reverse route that she did academically, MIT Sloan first and then Wharton, and a rather similar professional trajectory, I really did try to further develop my finance skills and learn new marketing skills but an MBA isn't really catered for that.  With all due respect to these academic institutions, most MBA programs are factories.  If you fall in the average that the program is targeted for, it works out great for you.  But if in any way your needs are a little more niche, it is much harder with the onus significantly on you to make it a more rewarding experience academically.  And I tried to that, it involved engaging professors more than in just the classroom, trying out new ideas like trying to understand product development or online marketing, but nonetheless it's much harder to make it truly rewarding from an academic point of view."}
{"_id": "468579", "title": "", "text": "For a company the size of Amazon a 1% increase in prices is substantial.  Many of their products are in fiercely competitive price sensitive markets.  There are some products that people would notice a 1% difference from competitors.  So the actual increase would have to be concentrated on a smaller subset of products that are not as price sensitive.  However, that would still mean reduced sales.  In short, I don't think amazon is foregoing a 50% bump in profits if they could get it.  Also a 5% SGA cut is absolutely enormous for a lean organization.  In any one year that would mean an effective ~10% cut once you factor in inflation."}
{"_id": "468580", "title": "", "text": "Our experienced technicians are fully equipped and capable of repairing any brand garage door or opener, whether residential or commercial. Whether you're looking for a full fledged garage door repair service, or just want a tune up on your residential garage, our expert professionals are just a phone call away!"}
{"_id": "468581", "title": "", "text": "The Motley Fool suggested a good rule of thumb in one of their articles that may be able to help you determine if the market is overheating. Determine the entire cost of rent for a piece of property. So if rent is $300/month, total cost over a year is $3600. Compare that to the cost of buying a similar piece of property by dividing the property price by the rent per year. So if a similar property is $90,000, the ratio would be $90,000/$3600 = 25. If the ratio is < 20, you should consider buying a place. If its > 20, there's a good chance that the market is overheated. This method is clearly not foolproof, but it helps quantify the irrationality of some individuals who think that buying a place is always better than renting.  Additionally, Alex B helped me with two additional sources of information for this: Real Estate is local, all the articles here refer to the US housing market. Bankrate says purchase price / annual rate in the US has a long term average of 16.0. Fool says Purchase Price/Monthly Rent: 150 is good buy, 200 starts to get expensive This answer is copy pasted from a similar question (not the same so I did not vote to merge) linked here.."}
{"_id": "468603", "title": "", "text": "I know quite a few mutual fund wholesalers making over a mil right here in the states.   Having said that, none of them are at Fido. Fidelity is a private firm but having started my career there, I wouldn't be surprised if they're paying a few people that much who have been there forever. They also extend extremely cheap credit to employees at the MD role and above, at least that was the case when I was there."}
{"_id": "468611", "title": "", "text": "\"There is also the very simple fact that cash is a *significantly* self-limiting thing: you are limited in amount you can spend on any give day to the cash you have on hand -- this along makes you either reticent to spend it, forces you to spread your purchases (or forgo one in order to enable another), and/or requires additional planning to spend larger amounts.  Conversely, most debit &amp; credit cards while they also have some limits on them, enable far more free spending.  So whether the spending of cash is a negative \"\"painful\"\" reaction, or really just an awareness that their available resource is being reduced, would be a better question.  After all, similar things are seen in other things that have short-term physical limits: smokers tend to smoke cigarettes more quickly at the beginning of a new pack, and tend to space out the intervals between them as the pack empties; likewise with other resources (food, beer, soda) within a home -- if/when the supply is abundant, we tend to gorge &amp; snack, as the available supply decreases, we cut back.\""}
{"_id": "468655", "title": "", "text": "Rod Kagy is an entrepreneur and businessman, who founded the LLC group of more than 400 companies. He also serves and has served as an advisor for start-ups in International development, alternative fuels, green energy, housing, and health care."}
{"_id": "468717", "title": "", "text": "\"Do I make money in the stock market from other people losing money? Not normally.* The stock market as a whole, on average, increases in value over time. So if we make the claim that the market is a zero-sum game, and you only make money if other people lose money, that idea is not sustainable. There aren't that many people that would keep investing in something only to continue to lose money to the \"\"winners.\"\" The stock market, and the companies inside it, grow in value as the economy grows. And the economy grows as workers add value with their work.  Here's an analogy: I can buy a tree seed for very little and plant it in the ground. If I do nothing more, it probably won't grow, and it will be worth nothing. However, by taking the time to water it, fertilize it, weed it, prune it, and harvest it, I can sell the produce for much more than I purchased that seed for. No one lost money when I sell it; I increased the value by adding my effort.  If I sell that tree to a sawmill, they can cut the tree into usable lumber, and sell that lumber at a profit. They added their efforts and increased the value.  A carpenter can increase the value even further by making something useful (a door, for example). A retail store can make that door more useful by transporting it to a location with a buyer, and a builder can make it even more useful by installing it on a house.  No one lost any money in any of these transactions. They bought something valuable, and made it more valuable by adding their effort.  Companies in the stock market grow in value the same way. A company will grow in value as its employees produce things. An investor provides capital that the company uses to be able to produce things**, and as the company grows, it increases in value. As the population increases and more workers and customers are born, and as more useful things are invented, the economy will continue to grow as a whole.  * Certainly, it is possible, even common, to profit from someone else's loss.  People lose money in the stock market all the time.  But it doesn't have to be this way.  The stock market goes up, on average, over the long term, and so long term investors can continue to make money in the market even without profiting from others' failures. ** An investor that purchases a share from another investor does not directly provide capital to the company.  However, this second investor is rewarding the first investor who did provide capital to the company.  This is the reason that the first investor purchased in the first place; without the second investor, the first would have had no reason to invest and provide the capital.  Relating it to our tree analogy: Did the builder who installed the door help out the tree farmer?  After all, the tree farmer already sold the tree to the sawmill and doesn't care what happens to it after that.  However, if the builder had not needed a door, the sawmill would have had no reason to buy the tree.\""}
{"_id": "468718", "title": "", "text": "I actually had to go to the bank today and so I decided to ask. The answer I was given is that a check is a legal document (a promise to pay).  In order to get your money from the bank, you need to sign the check over to them.  By endorsing the check you are attesting to the fact that you have transferred said document to them and they can draw on that account."}
{"_id": "468732", "title": "", "text": "\"I love the subtitle on this article - \"\"Silicon Valley deals are not based on factors that bankers can model\"\" and another quote \"\"a DCF projection would not be able to help Mark Zuckerberg, the Facebook chief executive, work out whether Snapchat was worth $1bn or $10bn\"\"  What a crock of BS.  A DCF is exactly the methodology you should be using in order to value an acquisition (along with comparable company/transaction methods).    Is it incredibly difficult to use the right variables and forecast the value of these companies?  Yes.  Is the inherent value of a company derived from the expected cash flows generated from that company once you acquire it?  Yes.  Just because it is hard doesn't mean you shouldn't do it.    \"\"Big tech companies have never had more cash than they have today, and they are finding it just as hard to put their money to work as everybody else is.\"\"  Well damn then maybe you should return that money back to the shareholders **who own the company** instead of blowing it on dot-bombs at stupid valuation levels.\""}
{"_id": "468733", "title": "", "text": "My initial thoughts would be an ESL teacher or a private tutor for various subjects would likely be the easiest ones to consider. Possibly there are some people that could use the help in their education that would work well."}
{"_id": "468741", "title": "", "text": "If you want to subcontract some of your excess work to somebody else, you better be in business!\u00a0 While some kinds of employees (e.g. commissioned salespeople) are permitted to deduct some expenses on their income tax, generally only a real business can deduct wages for additional employees, or the cost of services provided by subcontractors. Do you invoice your clients and charge HST (GST)?  Or do you tell your clients each pay period how many hours you worked and they compensate you through their payroll system like everybody else that walks through the door?  If you're not invoicing and charging HST (GST) (assuming you exceed the threshold, and if you have too much work, you probably do!), then perhaps your clients are treating you as an employee \u2013 by default \u2013 and withholding taxes, CPP, and EI so they don't get in trouble? After all, Canada Revenue Agency is likely to consider any person providing a service to a company to be an employee unless there is sufficient evidence to the contrary, and when there isn't enough evidence, it's the company paying for the services that would be on the hook for unpaid taxes, CPP, and EI. Carefully consider what form of business you are operating, or were intending to operate.  It's essential for your business to be structured appropriately if you want to hire or subcontract.  You ought to be either self-employed as a sole proprietor, or perhaps incorporated if it makes more sense to your situation.  Next, act accordingly. For instance, it's likely that your business should be taking care of the source deductions, CPP, and EI.  In fact, self-employed individuals shouldn't even be paying into EI \u2013 an independent contractor wouldn't qualify to make an EI claim if they lost a contract. As an independent, one doesn't have a job, one has a business, and EI doesn't cover the business itself, only the employees that the business deals with at arm's length.  As a business owner, you would be considered non-arms-length, and exempt from EI. Growing your business in the way that you are suggesting is an important enough a step that you should seek professional advice in advance.  Find a good accountant that deals with self-employed individuals & small businesses and run all this by him.  He should be able to guide you accordingly.  Find a lawyer, too.  A lawyer can guide you on how to properly subcontract others while protecting you and your business. Finally, be mindful of what it is you agreed to in your contract with your client:  Do they expect all services to be performed by you, personally?  Even if it wasn't written down who exactly would be performing the services, there may be an assumption it's you.  Some negotiation may be in order if you want to use subcontractors."}
{"_id": "468742", "title": "", "text": "All excellent answers.  Scott W. already mentioned to look out for sales and many other answers are ways to be smart with portions:  don't overbuy, or be smart with bulk buys. But, I'm surprised nobody mentioned one of the things I'd consider obvious about saving money on groceries:  coupons! Coupons can save cash.  We'll sometimes use coupons for brands we'd be buying anyway, or other comparably-priced brands that we're willing to try.  The thing to be careful of with coupons is when the manufacturer is attempting to up-sell you to a premium brand, or trying to get you to buy a product you'd never have bought anyway. Anyway, we especially like the coupons that Costco sends in the mail once in a while, or those they hand out at the warehouse entrance.  What better way to save than to: All the better if the items aren't perishable.  When we have the space and those grocery savings stars are all in alignment, we load up on such items as paper towels, oatmeal/cereal bars, soap, etc."}
{"_id": "468743", "title": "", "text": "Get A Site Now is a web design company in Barcelona specializing in web design, online store design, web positioning, online marketing and website design covering all your needs. A good web design is that attractive website designing price that maintains a corporate style of its own, combined with ease of use, attracts customers and allows them to get the information they seek quickly and easily. Getting a good web design, creative, clear and effective, is key to your company's online presence. We understand the process of web design and the development of the online marketing plan for our clients as a collaborative process. We are aware of the importance of online marketing for companies and we work with the utmost rigor and enthusiasm."}
{"_id": "468755", "title": "", "text": "The prices reflect what the market will bear.  People have more money, things will likely cost more.  Think of it in terms of percentages and you can start to justify the higher housing costs. My father likes to tell me that his first mortgage cost him $75 a month, and he had no idea how he was going to pay it each month.  He also earned $3/hr at his job.  So his housing costs were 15% of his gross income.  My dear father almost passed out when he learned that my mortgage was $1000 a month, but since I earn $4000/month gross, I am really only paying 25% of my salary.  (Numbers made up) So if he complains I pay 10% more, so be it, but complaining I pay $925 more isn't worrying to me because of my increased salary. So if your complaint is the amounts, you must take ratios, percentages and relative comparisons.  However if you are baffled by people having money and wasting it on silly or foolish purchases, I am with you.  I still don't understand why people will use the closest ATM and just pay the $2 fee. Do right by yourself and don't mind what others are up to."}
{"_id": "468777", "title": "", "text": "This is not the case with your brother only. There are many business which run on this premise. It goes till the time all the conditions are in control and get busted when things goes out of way.  You have mentioned the loan amount and not the monthly repayment amount. Even if you say, a new loan will not solve his problem, what are the way out ? Telling things nicely sometime does not work especially when facts are otherwise. Hence you need to make a compete case study which should also consider his capacity to pay. As of now it seems he has debts of around 20 months of his earning, which can be considered high, depending upon the terms of major loan such as car loan and personal loan. A case study is way out. You can explain him with such case study that he should not go for further loans."}
{"_id": "468798", "title": "", "text": "\"&gt; Because: people with lots of money don\u2019t spend it. They just sit on it, like Smaug in his cave.  Do they actually sit on cash - or are those \"\"money\"\" invested into factories and companies?  When you have more \"\"money\"\" than you can spend in a lifetime, those are not the same \"\"money\"\" you had then you were struggling day by day - they are power and control over livelihoods of others, and not your own livelihood...  People with money are like politicians that no one voted for but that were elected nonetheless.\""}
{"_id": "468804", "title": "", "text": "If you're so inclined, elaborate more on the NY mess, particularly as to why distribution costs are as high as they are.  My residential bill seems to be about 50/50 for transmission and supply, and that both of those numbers are well taxed.  Also, is there a good primer somewhere on understanding energy markets for someone who just needs to deal in energy for a small-medium office?"}
{"_id": "468831", "title": "", "text": "First of all, you should absolutely put money into savings until you have at least a 6 month cushion, and preferably longer.  It doesn't matter if you get 0% interest in your savings and have a high interest rate mortgage, the cushion is still more important. Once you have a nice emergency fund, you can then consider the question of whether to pay more towards the mortgage if the numbers make sense.  However, in my opinion, it's not just a straight comparison of interest rates.  In other words, if your savings account gives you 1% and your mortgage is 5%, that's still not an automatic win for the mortgage. The reason is that by putting the money into your mortgage, you're locking it up and can't access it.  To me, money in the hand is worth a lot more than money that's yours on paper but not easily accessible. I don't know the math well enough, but you don't really need the math.  Just keep in mind that you have to weight the present value of putting that money into savings vs the future value of putting it into your mortgage and paying less interest at some point in the future.  Do the math and see how much you will save by paying the mortgage down faster, but also keep in mind that future money is worth less than present money.  A LOT less if you suddenly have an emergency or decide on a major purchase and need the money, but then have to jump through hoops to get to it.   To me, you need to save a considerable amount by paying down the mortgage, and also understand that your money is getting locked away, for it to make sense."}
{"_id": "468841", "title": "", "text": "You should be able to take a loan out on the 401(k).  You can't do a roll-over unless you leave your job.  If your 401(k) is that bad, you should consider maxing out your IRA contributions first and putting the rest into your 401(k) - so if you're putting away about 7k a year, lower your withholding to 1500 and put 5500 into an IRA."}
{"_id": "468851", "title": "", "text": "Cornerstone Strategic Value Fund, Inc. is a diversified, closed-end management investment company. It was incorporated in Maryland on May 1, 1987 and commenced investment operations on June 30, 1987. The Fund\u2019s shares of Common Stock are traded on the NYSE MKT under the ticker symbol \u201cCLM.\u201d[1] That essentially means that CLM is a company all of whose assets are held as tradable financial instruments OR EQUIVALENTLY CLM is an ETF that was created as a company in its own right. That it was founded in the 80s, before the modern definition of ETFs really existed, it is probably more helpful to think of it by the first definition as the website mentions that it is traded as common stock so its stock holds more in common with stock than ETFs. [1] http://www.cornerstonestrategicvaluefund.com/"}
{"_id": "468858", "title": "", "text": "Good question! FWIW, I was given a price of about $600 for aftermarket cruise control on a Hyundai Elantra. One problem with trying to get some-but-not-all of the features is that you can't pick and choose -- you have to get the features as part of a package. Cruise was the only thing I really wanted (i.e. would have been willing to pay extra for) from the next-higher trimline, so I decided to drop it. The particular set of features you're looking for means you're going to have to buy some stuff you maybe don't want (alloy wheels or something like that)."}
{"_id": "468879", "title": "", "text": "\"As someone who has a very similar debt amount and environment (new grad, nice new paying job, want a car, etc), I'd like to share something with you. Life has unexpected costs. Luckily I didn't buy that new car the first few months out of college like I had planned to; I'm glad that I didn't because, as a fledgling \"\"adult\"\", despite having lived on my own while in college while working part-to-full time there are some things you just don't realize until it either happens or it happens to someone else. Here are some of those things: I could go on but I won't. $95K is good money and I would definitely recommend spending it a bit to enjoy yourself. But I would honestly tell you that taking your monthly expenses, adding a few hundred on top of that and then multiplying  that sum by 3 would be a smart savings amount before picking up a car loan. Maybe that's an excessive savings but I've seen way too many people burn out over their cost-of-living and their failure to adjust appropriately when shit hits the fan. So instead of having to deal with the stab at your pride when having to lower the cost/quality of living that you'll probably grow accustomed to at a $95K salary, just prepare for the worst.  Oh, and did I mention... A NEW JOB IS NOT A SECURE JOB Consider yourself to likely be the first asset dropped from the company if even the tiniest thing goes wrong. I know way too many people who were fresh hires at Intel, Boeing, and a few other big tech companies that pay around what you make and, despite being bad asses in college, they were dropped like a bad habit when their employers hit rough patches. To those even more experienced than me, please feel free to add to the list. I'd personally love to know them myself.\""}
{"_id": "468883", "title": "", "text": "I don't think this should be very surprising. If you make more than someone, over a long period of time the gap between your total income or wealth is going to increase. Say a person makes $100/day while another makes $50/day. Day 1: $100 v $50; Day 2: $200 v. $100; Day 3: $300 v. $50 and so on and so forth. Now, make those numbers $1500 v. $100 and you can see why the wealth difference is so wide. They may have to choose between lowering the person making more, or increase the pay of the person making less."}
{"_id": "468894", "title": "", "text": "A professional home inspection will clue you in on any problems you might be buying, so it's important in any real estate transaction. If the seller finances the loan, you need a lawyer. It might be a nice opportunity - being in the right place at the right time.  You just have to investigate all angles."}
{"_id": "468898", "title": "", "text": "\"Agreed. One of the comments for this question Good books for learning about tax strategy/planning uses the phrase:  \"\"Don't let the tax tail wag the investing dog.\"\"  It applies to charitable donations. Donate because it is expected by your church; donate because it makes you feel good; but don't donate just to save money on your taxes.  Once you have decided to donate take the steps necessary to be able to deduct your donation. Get the receipt or use a check or credit card so you can deduct the donation.\""}
{"_id": "468904", "title": "", "text": "Amortization is the process by which your loan balance decreases over time. For both mortgages and credit card balances, your interest charges are based on what you owe.  The calculation of the balance is a little different, but it still is based on what you owe. You're observing correctly that most of the first payments on a mortgage are interest.  This stands to reason since an amortization schedule (for a fixed-rate mortgage) is constructed on the assumption that you're making your payments equally over the course of the mortgage.  Since you owe more at the beginning, you accrue more interest, and a larger fraction of your payment is interest.  Near the end, you owe little, and most of your payment, therefore, is principal."}
{"_id": "468905", "title": "", "text": "Matthew -  I'll start with the premise you put enough down that you won't default on an upsidedown mortgage.  There's an order I recommend when considering prepayment: Prepaying a mortgage is a guaranteed return for a fixed investment for the life of the mortgage or ownership of the house. If you have a rate of 5%, and that rate is good for you to invest at, then prepaying is fine. The presumed long term market gain is 8% or higher (12% if you are a disciple of Dave Ramsey, but I digress) and at the 15% cap gain rate, a 6.8% post tax return. Your 5% rate after tax (if it's all taken on Sch A) is about 3.75% if you are in the 25% bracket.  This difference of 3% or so is not guaranteed year to year, not even for the long term. For some, the desire to pay off the mortgage is enough to focus on it. Others see the 3% compounding over time, and likely to occur over the coming decades."}
{"_id": "468923", "title": "", "text": "Your problem is one that has challenged many people.  As you said there are two aspects to balancing a budget, reducing expenses or increasing income.  And you state that you have done all the cost-cutting that you can find.  Looking at ways to increase your income is a good way to balance your budget. How big is your problem?  Do you need to find another $100/month, or do you need $1000/month?  There are many part-time jobs you could obtain (fast food, retail, grocery), you could obtain a sales-job (cars, real estate, even working for a recruiting firm) where you could connect buyers and sellers.  If your need is $100/month, a part-time job on weekends would fill the gap. When I was trying to solve my budget problems a few years ago, I thought that I needed to increase my income.  And I did increase my income.  But then I realized that my expenses were too high.  And I re-evaluated my priorities.  I challenge you to revisit your expenses.  Often we assume that we need things that we really cannot afford.  Consider a few of your (possible) expenses, My problems included mortgage debt, auto loans, high utilities, high car insurance, too much spending on kids activities, and a few other problems."}
{"_id": "468937", "title": "", "text": "Isn't it a bit more like job recruiters?  I get an offer letter that a recruiter neither I nor the seller hired steps in, negotiates a lower pay for me, a higher pay from them and scoops the money inbetween?  This isn't adding value anywhere, that value was taken from my home and the business that now have less to work with, when everyone would be better off if the business and I came to a deal in the middle.  There is no added value, nothing is produced at all. Just skimming off the top."}
{"_id": "468951", "title": "", "text": "Where are you marketing your shirts? Are you on Instagram? If not that would be the best place to start. Then run promos. And reach out to influencers and have them give you a shoutout. If you're on a budget send a free shirt to specific influences with your targeted audience in mind &amp; hopefully they'll give you a shoutout."}
{"_id": "468959", "title": "", "text": "Can he use an existing credit card in his name for all his business expenses, or does that pierce the corporate veil? That would be a question to a lawyer, since there's no definitive answer but rather circumstantial. Generally it is safer to separate the finances completely than to try and guess what the court would rule if it comes to that. It is not hard to get a separate card for a LLC (especially if it is a sole proprietorship). We are going to buy a house soon, so I don't want any extra inquiries. I guess it depends on the bank and the type of card. My Citi business card doesn't show up on my personal credit report."}
{"_id": "468981", "title": "", "text": "We provide the best business card service at an affordable price in Gainesville city. If anyone looks at your business card and he tells immediately what your business does. We give all information in your business card related your business like: your name, your company, what you do, and why you should be used - but supply all your contact details; you want to be easy to reach.Too much information printed on your Business cards Gainesville fl will make it look too busy and totally professional."}
{"_id": "468982", "title": "", "text": "TL;DR for those who don't want to waste their time: Uber didn't do anything special. Also, you should follow unethical laws and not try to change or challenge the system.  While I was reading the piece I thought it was the work of a sophomore, but it turns out this was written by a professor."}
{"_id": "468984", "title": "", "text": "I agree with the previous comments one thing that got brought up a while back when I was looking into purchasing a Prius was the battery replacement, someone once told me it was very expensive in the event it failed and needed to be changed, I'm not talking about the 12 volt but the big nickel metal hydride one. Another thing to factor is the gas that you will save, normally the Prius get double the gas milage of that of civic or a corolla but unless you drive a bunch of miles per day you really don't see the pay off.  Also if you can pull a CarFax on the car, the 20 dollar investment is worth it because you can find out if it was in an accident or if it's a lemon! I once bought a bmw and didn't do a CarFax and later ended up finding out that the car had more owners than a taxi had customers.  Also just like said above 200k car vs 100k doest always mean the 100k is better off, especially if the previous owner never services it well. Get the car checkout before you make the deal to buy."}
{"_id": "468992", "title": "", "text": "To be fair I don't think it's that hard to believe that Samsung is making tons of money now - being the largest manufacturer of cell phone chips and OLED phone screens is a pretty nice place to be. Nothing to fake there."}
{"_id": "469000", "title": "", "text": "It was literally run by college kids. It was closest to the college dorms to walk so every employee including the managers were college age kids. They didn't give a fuck. Got comped a meal and free drinks when there was a hair in our food. Thing was, it used to be good. However, incidents like the hair in the food happened all the time. Everyone in town knew to avoid it."}
{"_id": "469035", "title": "", "text": "If the only jobs you have around you are manual labor, dead-end employment where there are no skills to be garnered, if you have other options you will take them.   Your 55 year old former mill worker that is broke isn't going to retrain himself, nor does he have the money to move to an area with higher wages. At that point, going on disability until you get SS is probably your best bet. You see this play out in tons of small towns around the country"}
{"_id": "469036", "title": "", "text": "\"I'd early-exercised 75% of my grant at $5 and (later) exercised the remaining portion at $2. So did you actually pay the money and got \"\"X\"\" unvested shares? I'll be leaving the company; and they'll be unwinding half of the grant, so I'll get some money back, but now the question is: Do they pay me back from the $5 shares or the $2 shares? This would depend on what your contract says on unvested shares. There can be numerous combinations. More Often these are forfeited. i.e. you are not granted the shares. At times if you have paid then the guideline would give the details what would happen; i.e. only half vest and are priced at market and you are forced to encash them.\""}
{"_id": "469043", "title": "", "text": "\"&gt; There may not be anything shameful about doing that, but that scenario is, indeed, a business **failure**. People do not shutter a profitable (successful) business and then go to work for someone else.  Not necessarily.  It may very well be a \"\"planned exit\"\" -- not all businesses will (nor should they be expected to or *planned* to) endure into perpetuity... just because the corporate charter sets no specific limit to the duration of the corporate entity does not mean that it is (and certainly not that it needs to be) \"\"immortal\"\".  And a business that may be quite profitable to run, even if it's final pre-closing year is less so... is not necessarily a \"\"failure\"\": in fact closing an operation down *while it is (still) slightly profitable*, and BEFORE it begins losing money (and/or selling it's assets off while they still have substantial investment value), may in fact be the **wisest** move (especially financially speaking); which counts as anything BUT a \"\"failure\"\".  Plus there are several industries where a \"\"temporary\"\" existence of a firm is heartily recognized as a positive thing: take films as an example, a new \"\"company\"\" (with a pre-planned, limited lifespan) will often be formed to craft and produce the film, and cease to exist once that task has been completed.  And I think the hand-wringing about \"\"restaurants\"\" is especially gratuitous... if ever there was/is a business niche that was subject to fad &amp; fashion, and the ephemeral even transitory nature of people's \"\"tastes\"\", it would be the \"\"boutique\"\" segment of the restaurant industry; even the ones (or chains) that do manage to survive, often do so by dramatically changing their menus, brand &amp; character... so that a decade later they barely resemble their former selves.  Sure there are also other segments of the industry that are generally \"\"stable\"\" -- but many of them tend to be slow-or-no growth as well.  &gt;I believe a key contributor to the confusion is talking about the self-employed and business owners in the same breath. Someone who's self-employed basically owns a job. His income will always be directly proportional to the amount of time spent working and the company does not exist apart from himself.   It covers an entire spectrum... and the lines are rather fuzzy.  Yes, a lot of self-employed people (whether configured as sole proprietorships, partnerships, LLC's or full \"\"corporations\"\") are by INTENT -- and probably always will be -- simply \"\"job replacement\"\" businesses. (And again, there is NOTHING wrong with that -- whether they endure for a year, 5 years, 10 years or an entire lifetime). How or why people have come to view this as somehow of less \"\"merit\"\" than someone being gainfully employed *for someone else* -- has always puzzled me.  But some of those -- just as some of the \"\"part time\"\" or \"\"on the side\"\" businesses -- can take on an (unexpected, unplanned) \"\"life of their own\"\" and grow into substantial enterprises that employ hundreds and even thousands of people over multiple decades. AFTER THE FACT, the owners will often (at least publicly) claim that it was \"\"all part of the plan\"\", but in several cases where I know the founder/owner personally... I know from private conversation that THAT simply wasn't the case.  &gt;A business owner, on the other hand, has processes/equipment/staff/IP in place that generates income whether or not she gets out of bed in the morning.  You are speaking of someone who has achieved a CERTAIN level of success, and a certain SIZE of operations.  &gt;These are different people with different goals and cannot be lumped into the same demographic block.  Any and all \"\"blocks\"\" are going to be subjective (and in a very real sense the dividing lines placed at rather arbitrary segments) -- a particular named \"\"block\"\" will be very true from ONE point of view (with lots of things that correlate and appear to be uniformly applicable)... and yet fallacious from another (where there is again a whole spectrum of distinctions).\""}
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{"_id": "469100", "title": "", "text": "You didn't give enough information.  What is your goal?  What is your financial situation?   A discount to buy company stock can seem very tempting.  I was tempted by it myself, gee, almost 20 years ago.  I still own some of the stock.  But I held mutual funds first. There are two disadvantages that have disuaded me from partaking in the ESPP of my subsequent employers (one of which was a spin-out company of the stock-issuing company, the other having bought the spin-out).  First, putting a bunch of money in a single stock is rather risky.  single stocks will drop dramatically due to market conditions.  Generally market conditions don't act so dramatically on all stock.  Second, is it wise to put not only your salary but also your saved wealth all in one basket? It worked out reasonably well for me.  The stock doubled right before my division was spun out -- I sold half of my position.    And the resulting stock has continued to provide opportunities to diversify.  However, it could have just as easily dropped in half instead of doubled. What is your timeline for holding the stock -- for realizing any gain?  Can you afford patience if the stock value should drop in half? I have co-workers who continue to invest through our new company's ESPP.  At least one co-worker has the stated goal to sell after every purchase -- he holds the stock long enough to make a long-term gain instead of short term, but he sells after every purchase.  And it seems to him that the stock always drops right when he wants to sell."}
{"_id": "469125", "title": "", "text": "Leverage increase returns, but also risks, ie, the least you can pay, the greater the opportunity to profit, but also the greater the chance you will be underwater. Leverage is given by the value of your asset (the house) over the equity you put down. So, for example, if the house is worth 100k and you put down 20k, then the leverage is 5 (another way to look at it is to see that the leverage is the inverse of the margin - or percentage down payment - so 1/0.20 = 5). The return on your investment will be magnified by the amount of your leverage. Suppose the value of your house goes up by 10%. Had you paid your house in full, your return would be 10%, or 10k/100k. However, if you had borrowed 80 dollars and your leverage was 5, as above, a 10% increase in the value of your house means you made a profit of 10k on a 20k investment, a return of 50%, or 10k/20k*100. As I said, your return was magnified by the amount of your leverage, that is, 10% return on the asset times your leverage of 5 = 50%. This is because all the profit of the house price appreciation goes to you, as the value of your debt does not depend on the value of the house. What you borrowed from the bank remains the same, regardless of whether the price of the house changed. The problem is that the amplification mechanism also works in reverse. If the price of the house falls by 10%, it means now you only have 10k equity. If the price falls enough your equity is wiped out and you are underwater, giving you an incentive to default on your loan. In summary, borrowing tends to be a really good deal: heads you win, tails the bank loses (or as happened in the US, the taxpayer loses)."}
{"_id": "469138", "title": "", "text": "The 401(k) has the advantage that you don't pay any tax until you take it out. That lets the gains multiple. Two examples: If any of your stocks pay dividends, these are directly taxable if you don't have a 401(k). In the 401(k), the full dividends accumulate and are reinvested. If you sell any stocks and get capital gains, they are also directly taxable in a normal account. Having said that, if you don't get any match, I would consider doing a 50/50; put half of your money in the 401(k), in something simple like an index fund, and invest the rest. That's assuming you have an index fund available in your 401(k)."}
{"_id": "469141", "title": "", "text": "When you are starting out using a balanced fund can be quite advantageous. A balanced fund is represents a diversified portfolio in single fund. The primary advantage of using a balanced fund is that with it being a single fund it is easier to meet the initial investment minimum.  Later once you have enough to transition to a portfolio of diversified funds you would sell the fund and buy the portfolio. With a custom portfolio, you will be better able to target your risk level and you might also be able to use lower cost funds.  The other item to check is do any of the funds that you might be interested in for the diversified portfolio have lower initial investment option if you can commit to adding money on a specified basis (assuming that you are able to). Also there might be an ETF version of a mutual fund and for those the initial investment amount is just the share price. The one thing to be aware of is make sure that you can buy enough shares that you can rebalance (holding a single share makes it hard to sell some gain when rebalancing). I would stay away from individual stocks until you have a much larger portfolio, assuming that you want to invest with a diversified portfolio. The reason being that it takes a lot more money to create a diversified portfolio out of individual stocks since you have to buy whole shares. With a mutual fund or ETF, your underlying ownership of can be fractional with no issue as each fund share is going to map into a fraction of the various companies held and with mutual funds you can buy fractional shares of the fund itself."}
{"_id": "469149", "title": "", "text": "\"Here in the U.S., a realtor can act as a \"\"seller's agent\"\" or a \"\"buyer's agent\"\". I think what you are calling a \"\"broker\"\" in the U.S. we call a \"\"buyer's agent\"\", and this may just be a difference in terminology, from your post it sounds like the concept is the same. I am answering from a U.S. perspective, please let me know if something doesn't make sense in the Israeli context. Here, each typically gets 3% to 3.5% of the sale price (at least in my part of the country). So yes, the buyer's agent has an incentive to get a higher price, even though this is contrary to the interests of the person he is supposed to represent. On the other hand, the buyer's agent has a strong incentive to find a house at a price that you consider acceptable. If the absolute most you are willing to pay is, say, \u20aa1,000,000, and he keeps showing you houses that cost \u20aa1,500,000, he's just wasting his time. (He's wasting your time too, of course, but let's assume he doesn't care about that.) (I don't know what housing prices are in Israel today, just making up numbers.) Suppose he has two houses that he can show you, one in your price range and one not. If he shows you the first you may buy it and we will very quickly get his commission. If he shows you the second, you probably won't buy it and he'll get zero. If he keeps showing you houses above your price range, he's doing a bunch of work for which he will never be paid. The worst case from your point of view is if you're thinking that you're expecting and prepared to pay, say, \u20aa1,000,000 to \u20aa1,300,000, and you tell the broker that, his incentive is to concentrate on the upper end, maybe even push it a little. But still, if he shows a house that's well within your range so you'll quickly buy, he can get \u20aa30,000 today, versus trying to push you to go higher so he can maybe get \u20aa39,000 in a few months. Is the extra \u20aa9,000 worth several months of extra work? Probably not. Personally, I've never had a problem with a realtor trying to push me to buy a house more expensive than I said I was prepared to pay. At least not that I noticed. Maybe they were very skillful at it and I didn't realize they were doing it, like showing me houses that were totally run-down dumps until I decided I was willing to pay more. As to your specific suggestion: I don't know if a realtor would be willing to negotiate an alternative deal from their standard contract. I've never tried to do such a thing. Yes, this would give him an incentive to find the lowest possible price. Arguably this would create a perverse incentive to show you houses of very low quality just because they're cheap. And there would be the problem that he'd have no incentive to show you houses at or just over your stated maximum, as his commission would be zero. (Negative if it goes over slightly?) What I did on my last house was tell the realtor, I want to start by looking at houses costing under \\$X. If I can't find anything I like, I'll go a little higher. By not telling the realtor my maximum, I discouraged her from immediately going for the maximum. At least that was my theory.\""}
{"_id": "469190", "title": "", "text": "Now that we have made sure that the North Koreans are safe from any external threat and can go about their business peacefully, we don't need to waste any more energy on them.  Lets redirect all our energy toward making sure the Middle east is fully nuclear, that will be good payment for the shemeckles violating sweet white and pure Ivanka night after night while daddy lay hot in sweaty in bed, his frustration small and hard in his hand plotting his revenge."}
{"_id": "469194", "title": "", "text": "To be absolutely sure you should call the agent and check That said I have been renting accommodation through both agencies and directly through landlords for seven years (I live in London) and this is quite a common situation. It normally means that the deposit is being securely held by a third party so that it cannot be taken or depleted without the agreement of both parties. The deposit protection scheme ( https://www.depositprotection.com/ ) is one way that deposits are securely held in this manner. As a third party they will have different account details. It may be the case that the agency is protecting the deposit and you are paying rent to the landlord directly. This means that your deposit goes to the agency's account and the rent goes to the landlord's account. Obviously your landlord and agency have different accounts. A little colour to brighten your day: I am currently paying my rent to the agency who also took the deposit but, because of the way they handle deposits versus rent, the deposit was sent to a different account held by the same agent. In my previous flat I paid the deposit to an agency and the rent directly to the landlord. This resulted in an issue one time where I got the two accounts confused and paid rent to the agency who, after giving me a small slap on the wrist, transferred it to my landlord. In the flat before that I paid rent and the deposit to my landlords' holding company. That is one of the few times that I paid rent and the deposit into the same account. Again check with the agent that one of these situations is the case but this is absolutely normal when renting through an agency."}
{"_id": "469198", "title": "", "text": "\"Of course you don't have to pay them - you just might not like the result. As a matter of law - given that I am not a lawyer - I am not aware of any requirement for a company to pay employees business-related expenses. An example might be having a cell phone, and according to this article companies aren't required to pay for you to have a cell phone even if they require you have one and use it as part of your employment. The primary areas where law does exist relates to company uniforms with a logo (in a very limited number of US states) and necessary personal safety equipment (in California and maybe only few other states). All other tool requirements for a job are not prohibited by law, so long as they are not illegally discriminatory (such as requiring people of a certain race or sex to buy something but no one else, etc). So a company can require all sorts of things, from having an internet connection to cell phone to laptop to specialty tools and equipment of all sorts, and they are even allowed to deduct the cost of some things from your pay - just so long as you still get paid minimum wage after the deductions. With all that said, the company's previous payments of fees and willingness to pay a monthly internet fee does not obligate them to pay other fees too, such as moving/installation/etc. They may even decide to no longer provide internet service at their expense and just require you to provide it as a condition of employment. You can insist on it with your employer, and if you don't have an employment contract that forbids it they can fire you or possibly even deduct it from your pay anyway (and this reason might not be one that allows you to collect unemployment insurance benefits - but you'd need to check with an expert on that). You can refuse to pay AT&T directly, and they can cancel the internet service - and your employer can then do the same as in the previous condition. Or you can choose to pay it - or ask your employer to split the cost over a few checks if it is rather high - and that's about it. Like the cost of anything else you have to pay  - from your own food to your computer, clothes, etc - it's best to just consider it your own \"\"cost of doing business\"\" and decide if it's still in your interest to keep working there, and for something to consider in future pay negotiations! You may also qualify for an itemized Employee Business Expense deduction from the IRS, but you'll need to read the requirements carefully and get/keep a receipt for such expenses.\""}
{"_id": "469216", "title": "", "text": "This isn't a religious organization in that sense, so the exception is not applicable.   But he won't win. He needs to prove that the reason he wasn't hired was specifically because of his religious views, however, it would be easy for the company to say that they didn't believe he was a good match for the corporate philosophy, wouldn't fit in, etc. Various subjective things that really can't be argued. Unless he can show a clear pattern in them turning away those who aren't Christian enough, he doesn't stand a chance."}
{"_id": "469225", "title": "", "text": "Mark Matson Complaints Since its inception, the Internet has been seen by many as both a help and a hindrance. The web has made it much easier for people to find information, for students to learn and for people to share stories with others. But, it has also created a new world of addiction. Online addiction comes in many forms, including online gambling addiction and online investment addiction. Online investment addiction is a common complaint Mark Matson addresses with advisers and/or clients."}
{"_id": "469229", "title": "", "text": "It's just human nature. At least in cases where all options are equal people will probably choose the mine with less deaths. Also if there is some mine with 100x as many deaths as average it will raise awareness in the circles of power."}
{"_id": "469233", "title": "", "text": "&gt;I tell people all the time, if you're out \u2014 you're going to take a yoga class and they want to charge you $30, say: 'Look, I've got 20 [dollars].' You know what, they're going to take it.  Uh, no they won't.  Not based on my experience."}
{"_id": "469239", "title": "", "text": "If you think you can pay off the entire amount you borrowed over the next 12 month, then you're getting an unsecured loan at around 4% APR, assuming you're borrowing for the whole year.   That's pretty good compared to what you can typically get at the credit union.  However, if you only need the money for, say, 3 months, that 4% fee effectively becomes a 16% APR! And, the real trouble comes when you don't pay it off by the end of the 12 month and the standard rate kicks in. If you do use the convenience check, be sure to put in your calendars a reminder that the balance is due -- set the reminder about a month before the last billing cycle of your 0% period. Make sure you also have sufficient cash flow and an automated payment setup to make sure you always pay at least the minimum due on time.  Depending on your banking history, you might be able to get away with one missed payment -- but more likely, you'll be penalized as soon as you miss a payment by a penny or a day -- and the 0% loan suddenly becomes very expensive. Read all the fine print, make sure you understand them, and set up a system to make sure you can play to the rules of the game."}
{"_id": "469270", "title": "", "text": "\"Paperwork prevails.  What you have is a dealer who get a kickback for sending financing to that institution. And the dealer pretty much said \"\"We only get paid our kickback at two levels of loan life, 6 and 12 months.\"\" You just didn't quite read between the lines.  This is very similar to the Variable Annuity salespeople who tell their clients, \"\"The best feature about this product is that the huge commissions I get from the sale fund my kid's college tuition and my own retirement. You, on the other hand, don't really do so well.\"\"  Car salesmen and VA sellers.\""}
{"_id": "469283", "title": "", "text": "Depending on who you trust, the Social Security fund should still be liquid for another 40 to 70 years or so, which should cover the life expectancy of most boomers.  As for what happens after that, well there doesn't seem to be a plan for that yet. A plan would require making some unpopular choices. Politicians would be forced to do something with negative political ramifications in the short term to offset a problem that isn't going to explode until long after they have left office and shuffled off this mortal coil. For most it just isn't worth the political fallout.  What is likely to happen? The same thing that is happening now. The Government is no stranger to spending money it doesn't have, the National deficit and debt prove that convincingly. Of course we are now approaching debt levels we haven't seen since WWII from the combined efforts of two concurrent wars and bailing out every industry that can afford to hire a lobbyist, and overuse of the old politician's trick of buying votes by spending people's own money on them and pretending to be magnanimous.  Something is going to have to give. My best guess is that the following will happen in this order: 1) Increase then eliminate the caps on how much income you have to pay SS taxes on. 2) Raise the age when you can start collecting SS checks. 3) stop paying people SS checks if they exceed a certain income at retirement age. 4) stop paying people SS checks if they exceed a certain net worth. 5) Reduce the amount people get in SS checks.   Of course another baby boom or drastically increasing the amount of legal immigration would also stave off the problem for a while..."}
{"_id": "469311", "title": "", "text": "Just the amount contributed to the Roth 401k that you rolled over, not the conversions from regular 401k/traditional IRA (for those there are holding period limitation of 5 year from conversion), the earning on it or the employer's match (neither of these can be withdrawn without penalty as a non-qualified withdrawal). However, I'd suggest not to withdraw from Roth IRA unless you're sleeping on a bench in a park and beg strangers for a piece of bread. This is the best retirement investment you can make while you're in the lower tax brackets, and withdrawing it would reduce dramatically your tax-free retirement income."}
{"_id": "469320", "title": "", "text": "&gt; You don't need to tell me your charity plans.  you don't need to tell me i have no empathy. i'm well aware of what it's like to have no money. but using the gov't to force people to give you money doesn't help in the long run.   &gt; menial workers are NEEDED in a society, and therefore they should be able to make enough money to survive in the society.  agreed. but the gov't's use of policies that people like you support is the problem. i realize you mean well, but why is it that in the soviet union, which redistributed wealth to an extreme had a population that was equal, but all equally poor? even the poor in the US, with a relatively tiny govt, were rich compared to them. obama and his fed are the main reason for this economic downturn. and in an economic downturn it's an employers market. that's the problem for these people. but we don't fix it by redistribution. we fix it by letting the economy get better. by stopping 0% interest rates, high taxes, and crippling regulation. the US gov't practically didnt exist before 1900. it was &gt;10x smaller than now. how were the US poor the richest poor on the planet? how is that possible w/o the govt giving them money?"}
{"_id": "469333", "title": "", "text": "I\u2019m not sure I want the world to become a place where poets, playwrights, social workers &amp; gardeners are not able to have children but politicians and captains of enterprise do.  I\u2019d rather we present competing visions of how the world should be and then try to plot a path to get there."}
{"_id": "469342", "title": "", "text": "\"In my experience, there is one aspect of HSA's that people often overlook.  In an HSA you will not have \"\"nice\"\" copays nor will co-insurance kick in until you have met the deductible (always double-check the summary of benefits, but this is a defining characteristic of HSA plans).   This first-dollar responsibility is something shared by all HSAs (US gov't calls them Qualified High-deductible Health Plans).  In exchange for the nice tax-benefits, the government wants HSA subscribers to pay the full amount for provided services until they meet their deductible (theory being that this will reduce the demand for unnecessary medical services).     Check the summary of benefits for more specifics, but you should not be surprised to learn that this applies to Prescription Drugs as well as any doctor or hospital services (i.e. you would pay the insurer's negotiated price for prescriptions until you've paid $1500 out of pocket).  And that is one area that surprises many first-time HSA subscribers.\""}
{"_id": "469368", "title": "", "text": "Suppose everybody stopped all economic activity right now. No more work for others, no payments, no trade in kind or otherwise. Would average wealth stay the same? Of course not. Economic activity is not a zero sum game. Most of our economic activity is organized in the form of companies. If the companies manage to make more profits by doing useful things more efficiently, or when they find new useful things to do for profit, then not only the company's value grows but also the sum total of all useful things produced in the economy. That means it's not zero sum. When stock prices go up, that is often because the companies really have become more valueable."}
{"_id": "469382", "title": "", "text": "If you are in the money at expiration you are going to get assigned to the person on the other side of the contract. This is an extremely high probability. The only randomness comes from before expiration. Where you may be assigned because a holder exercised the option before expiration, this can unbalance some of your strategies. But in exchange, you get all the premium that was still left on the option when they exercised. An in the money option, at expiration, has no premium. The value of your in the money option is Current Stock price - Strike Price, for a call. And Strike price - Current Stock price, for a put. Thats why there is no free lunch in this scenario."}
{"_id": "469383", "title": "", "text": "So, what's the point of a charge-back, if they simply take the word of the merchant? tl;dr: They don't. As both a merchant and a consumer I have been on both ends of credit card chargebacks, and have received what I consider to be mostly fair outcomes in all cases. Here are some examples: Takeaways from this: I strongly urge all consumers who are considering doing a chargeback to try to work with the merchant first, and use the CC dispute as a last resort. In general, you can think of the credit card dispute department like a judge. They hear the arguments presented by both sides, and consider them to the best of their ability. They don't always get it right, but they make their best attempt given the limited information they are provided."}
{"_id": "469423", "title": "", "text": "It's a great business. However, you should be aware that running your own business is a lot more work than it sounds like. Not only do you have to handle things like finances and taxes, but worse, you have to do all the marketing and sales, make deals, calm down difficult customers and suppliers, buying equipment &amp; materials, supervising helpers &amp; subcontractors, and more. If you're up for all that extra hard work, you can make great money building top-quality cabinetry."}
{"_id": "469470", "title": "", "text": "\u0110\u1ed1i v\u1edbi kh\u00e1ch h\u00e0ng th\u00e2n thi\u1ebft, jimmy cung c\u1ea5p th\u00eam chi\u1ebfn l\u01b0\u1ee3c VIP v\u1edbi bi\u00ean \u0111\u1ed9 ch\u1ed1t l\u1eddi &gt; 10 usd/ounce, c\u1eaft l\u1ed7 &lt; 5 usd/ounce v\u1edbi m\u1ee9c ph\u00ed: 100 usd/chi\u1ebfn l\u01b0\u1ee3c v\u00e0 mi\u1ec5n ph\u00ed 100% khi chi\u1ebfn l\u01b0\u1ee3c kh\u00f4ng \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee9c ch\u1ed1t l\u1eddi 10 usd/ounce."}
{"_id": "469471", "title": "", "text": "&gt; They have created a system with healthcare where we pay up to three times more per capita than any other western country.   Yes, and it really sucks, but you kinda have to buy health care ... you can skip it and hope to not get sick, but sooner or later you will.   You don't need to buy entertainment though. And if you do buy it, you can always vote with your money. Stop going to movie theaters, stop buying or even renting DVDs ... stick to one cable provider or Netflix on demand or something and it will hurt them.  &gt; an additional tax refund   A tax refund is just a tax refund, if you don't give them your money there will be nothing to tax anyway.  &gt; taxes to storage media.  Yes, some countries do that, and I think it's OK in principle ... the problem is that I doubt that we can find a fair way to distribute that revenue. It's still peanuts though, especially today when we don't really buy that much media anymore. When is the last time you bought a blank optical disc? It's been years for me!   But anyway I doubt that such a measure would stand a chance of passing in the US. It would be quite absurd to fund the MAFIAA with tax money while you don't even fund public healthcare.  I'm not sure what you mean in the edit, it doesn't make much sense."}
{"_id": "469473", "title": "", "text": "\"Honestly, I think the best thing the government could do at this point is to stop with stimulus spending and let the market pick the winners and losers. The government is horrible at this because it just throws money where it makes sense politically, not economically (which is what got us into this mess in the first place).  Obama is repeating all of the same mistakes made by Bush, but to a larger degree. When the dot-com bubble burst, Bush &amp; Greenspan artificially lowered interest rates to 1% and printed money to \"\"stimulate\"\" the economy. The goal was not to create a housing bubble like what happened, but rather to get people to invest in stocks again. Instead, the people who had been bitten by stocks looked around and saw that housing had a history of increasing in value w/o nearly as much risk of loss, so they invested in housing instead. Clinton's and Bush's policies of guaranteeing loans to lower-income families for the purpose of buying homes also contributed to this, and the next thing you know - housing prices boomed because there was a massive demand... thus leading to the housing market crash of 2007/8.  But that's not all, you see, because as people started to believe that their homes would increase in value by huge amounts, they started spending more, risking more on the stock market, and generally going into massive debt because they felt wealthy.  So in 2008, when the housing bubble crashed, so did the stock bubble and the personal debt bubble, leaving many home owners broke, their retirement funds (401k's and IRA's) destroyed, and without any means of paying their mortgages, thus the rise in people losing their homes.  What has Obama's policy been? The same as Bush's policy, but he printed MORE (tripled our money supply in 3 years) and lowered interest rates even MORE (effectively to 0%).  What so many people don't seem to understand is that printing money effectively steals money from the middle class. It's a hidden tax on our savings accounts. If more people realized this, they'd be outraged. Luckily for the government, most people are mindless sheep willing to buy into the political propaganda being pushed by the media.\""}
{"_id": "469487", "title": "", "text": "Perhaps, however, I'd have liked to have had more time to hear the guest with the yellow bowtie speak more than he was allotted. His final comment, that present low interest rates are going to cause as much mischief now as they have provided stimulus since their implementation was interesting and it would have been interesting to hear his reasoning around that."}
{"_id": "469497", "title": "", "text": "\"If the wording is \"\"within 10 days\"\" then its 10 days. Calendar days. Otherwise they would put \"\"10 business days\"\", for example. Usually, if you need to do something within 10 days from today, the first day to count is today. I would expect \"\"within\"\" to mean that you can fund in any of the days up to the 10th. But that's me, trying to read English as English. Why don't you call the bank and ask them?\""}
{"_id": "469508", "title": "", "text": "What will this mean for of Boost Mobile or Virgin Mobile USA which are prepaid MVOs that Sprint now owns?  I love my current setup and would hate to have to leave if prices keep going up or (cellular\\data) service keeps going down."}
{"_id": "469515", "title": "", "text": "\"In practical terms, these days, a credit union IS a small \"\"savings and loan\"\" bank -- the kind of bank that used to exist before bankers started making money on everything but writing loans. They aren't always going to offer higher interest and/or cheaper loans than the bank-banks, but they're almost always going to be more pleasant to deal with since they consider the depositors and borrowers their stockholders, not just customers. There are minor legal differences (different insurance fund, for example), and you aren't necessarily eligible to open an account at a randomly-chosen credit union (depending on how they've defined the community they're serving), but they will rarely affect you as an account holder. The main downside of credit unions is that, like other small local banks, they will only have a few branches, usually within a limited geographic area. However, I've been using a credit union 200 miles away (and across two state lines on that route, one if I take a large detour) for decades now, and I've found that between bank-by-mail, bank-by-internet, ATM machines, and the \"\"branch exchange\"\" program (which lets you use branches of participating credit unions as if they were branches of your own) I really haven't felt a need to get to the branch.  I did find that, due to network limitations of $50K/CU/day, drawing $200,000 worth of bank checks on a single day (when I purchased the house) required running around to four separate branch-exchange credit unions. But that's a weird situation where I was having trouble beating the actual numbers out of the real estate agents until a few days before the sale. And they may have relaxed those limitations since... though if I had to do it again, I'd consider taking a scenic drive to hit an actual branch of my own credit union. If you have the opportunity to join a credit union, I recommend doing so. Even if you don't wind up using it for your \"\"main\"\" accounts, they're likely to be people you want to talk to when you're shopping for a loan.\""}
{"_id": "469519", "title": "", "text": "Consistently beating the market by picking stocks is hard. Professional fund managers can't really do it -- and they get paid big bucks to try! You can spend a lot of time researching and picking stocks, and you may find that you do a decent job. I found that, given the amount of money I had invested, even if I beat the market by a couple of points, I could earn more money by picking up some moonlighting gigs instead of spending all that time researching stocks. And I knew the odds were against me beating the market very often. Different people will tell you that they have a sure-fire strategy that gets returns. The thing I wonder is: why are you selling the information to me rather than simply making money by executing on your strategy? If they're promising to beat the market by selling you their strategy, they've probably figured out that they're better off selling subscriptions than putting their own capital on the line. I've found that it is easier to follow an asset allocation strategy. I have a target allocation that gives me fairly broad diversification. Nearly all of it is in ETFs. I rebalance a couple times a year if something is too far off the target. I check my portfolio when I get my quarterly statements. Lastly, I have to echo JohnFx's statement about keeping some of your portfolio in cash. I was almost fully invested going into early 2001 and wished I had more cash to invest when everything tanked -- lesson learned. In early 2003 when the DJIA dropped to around 8000 and everybody I talked to was saying how they had sold off chunks of their 401k in a panic and were staying out of stocks, I was able to push some of my uninvested cash into the market and gained ~25% in about a year. I try to avoid market timing, but when there's obvious panic or euphoria I might under- or over-allocate my cash position, respectively."}
{"_id": "469529", "title": "", "text": "\"You should read \"\"Financial Analysis for Management\"\" (Robert Higgins). It is short and explains things very simply from a high level perspective. This is especially valuable when you are explaining things to non-finance people.   Also, an analyst will want to develop quick ways for making estimations. Don't get too caught up in the tiny details, although they are enticing for problem solvers (I've made some over-complicated models myself). In the process, know which direction your short cut is biased, check other people's short cuts, where's the bias? Understand it. Understand how it may affect the outcome. Is it material? This will develop your ability to understand models.  BUILD MODELS. Pick up a 10-K. Build a simple model. Connect an Income Statement, Balance Sheet and Cash Flows. Update it, break it, fix it. Rinse &amp; repeat.\""}
{"_id": "469553", "title": "", "text": "Perhaps to mitigate against information risk, in the sense that information may come up that changes your outlook on the market and also the value of your investments, so DCAing stops you from going all in now and having your entire amount decrease in value due to something you can't reasonably predict."}
{"_id": "469596", "title": "", "text": "\"Again, the quote by Politifact:  \"\"*The numbers check out. And in fact, the total public debt has dropped another $22 billion since the Gateway Pundit article published, according to data from the U.S. Department of Treasury.*\"\"  Anything not clear here?  What's not clear is how \"\"mostly False\"\" is true.\""}
{"_id": "469598", "title": "", "text": "It's always been kind of a niche. Twitter usage is higher in the US but by no means universally popular. They are having financial problems and have not yet turned a profit since they opened. They had to close vine last fall after they were unable to find a buyer. Their sale of fabric Danny that successful either."}
{"_id": "469599", "title": "", "text": "The Investopedia article you linked to is a good start. Its key takeaway is that you should always consider risk-adjusted return when evaluating your portfolio. In general, investors seeking a higher level of return must face a higher likelihood of taking a loss (risk). Different types of stocks (large vs small; international vs US; different industry sectors) have different levels of historical risk and return. Not to mention stocks vs bonds or other financial instruments... So, it's key to make an apples-to-apples comparison against an appropriate benchmark. A benchmark will tell you how your portfolio is doing versus a comparable portfolio. An index, such as the S&P 500, is often used, because it tells you how your portfolio is doing compared against simply passively investing in a diversified basket of securities. First, I would start with analyzing your portfolio to understand its asset allocation. You can use a tool like the Morningstar X-Ray to do this. You may be happy with the asset allocation, or this tool may inform you to adjust your portfolio to meet your long-term goals. The next step will be to choose a benchmark. Given that you are investing primarily in non-US securities, you may want to pick a globally diversified index such as the Dow Jones Global Index. Depending on the region and stock characteristics you are investing in, you may want to pick a more specialized index, such as the ones listed here in this WSJ list. With your benchmark set, you can then see how your portfolio's returns compare to the index over time. IRR and ROI are helpful metrics in general, especially for corporate finance, but the comparison-based approach gives you a better picture of your portfolio's performance. You can still calculate your personal IRR, and make sure to include factors such as tax treatment and investment expenses that may not be fully reflected by just looking at benchmarks. Also, you can calculate the metrics listed in the Investopedia article, such as the Sharpe ratio, to give you another view on the risk-adjusted return."}
{"_id": "469601", "title": "", "text": "Here's an answer received elsewhere. Yes, it looks like you have a pretty good understanding the concept   and the process. Your wife's income will be so low - why? If she is a full-time student in any of those months, you may   attribute $250 x 2 children worth of income for each of those months. Incidentally, even if you do end up paying taxes on the extra $3000,   you won't be paying the employee's share of Social Security and   Medicare (7.65%) or state disability on those funds. So you still end   up saving some tax money. No doubt, there's no need to remind you to be sure that you submit all   the valid receipts to the administrator in time to get reimbursed.  And a must-have disclaimer:   Please be advised that, based on current IRS rules and standards, any advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty that the IRS may assess related to this matter. Any information contained in this email, whether viewed or subsequently printed, cannot be relied upon as qualified tax and accounting advice. ... Any information contained in this email does not fall under the guidelines of IRS Circular 230."}
{"_id": "469633", "title": "", "text": "NUGT and DUST both track GDX with triple leverage, but in opposite directions. GDX has been rising steadily throughout 2016, and certainly since over the last month. DUST experiences much higher volume when GDX is in a downward trend, as it was from 2013-2016. I think you'll see the same thing with DRIP and GUSH when oil has been moving steadily in one direction or the other. This is really a reflection of the herd mentality to jump in when things look like they're going a particular direction."}
{"_id": "469652", "title": "", "text": "HSBC exchange spread between HKD and USD was 483 bps (1 bps is 0.0001) on their 24 hours exchange network a few weeks ago when I checked. It is very high for a pair of linked currencies which has very little fluctuation. One should expect less than 5 bps or even 1 bps. I did my currency conversion at a US brokerage which can take HKD currency and then I was able to pick the time/rate and amount I like to make the conversion. Basically, the currency pair runs within a tight band and you just need to buy USD with HKD at the time when it is near the edge of the band to your advantage. There is usually no fee on currency conversion. They make money through the spread. HSBC premier allows you to wire free among countries. I forget whether they offer tighter spread or not.  Rob was right on about the cost of transferring money overseas. The majority of the cost is in the conversion, not the wiring."}
{"_id": "469676", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.epi.org/publication/the-high-road-seattle-labor-market-and-the-effects-of-the-minimum-wage-increase-data-limitations-and-methodological-problems-bias-new-analysis-of-seattles-minimum-wage-incr/) reduced by 97%. (I'm a bot) ***** &gt; Rather than a smooth distribution of workers at and above any statutory minimum wage, a regular feature of local, state, and federal minimum wages is that there are noticeably more workers who earn exactly any new minimum wage than there are just above the new minimum.  &gt; The fact that, in their Figure 1, the authors fail to detect any new spike due to the minimum wage increase to $13.00, again suggests that the study is not estimating the true effects of the minimum wage and instead merely reflecting wage growth in Seattle that is occurring regardless of the the minimum wage increase.  &gt; One reason the study may be finding strong employment gains well above any plausible range where the minimum wage could be having an effect on employment is that Seattle was experiencing a labor market boom at the same time the city was implementing the minimum wage increase.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jrcx7/the_high_road_seattle_labor_market_and_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~153606 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **minimum**^#2 **employment**^#3 **Seattle**^#4 **increase**^#5\""}
{"_id": "469686", "title": "", "text": "&gt;&gt; Are you serious? Illegal immigration from Mexico? It's Trump fault? Is Trump against the wall and limiting immigration?  &gt; I think you are now so desperate that you are getting REALLY weird with your responses.  Thank you for confirming for me that [your own arguments](https://www.reddit.com/r/economy/comments/6sb4qh/for_the_last_time_trump_hasnt_made_the_economy/dlhwtun/) are weird.  Thanks for the discussion /u/raananh.  Hope you get a good view of the eclipse out there in New Jersey."}
{"_id": "469687", "title": "", "text": "I'll give you my quick and dirty way to value a company: A quick and dirty valuation could be: equity + 10 times profit. This quick way protects you from investing in companies in debt, or losing money. To go more in-depth you need to assess future profit, etc. I recommend the book from Mary Buffett about Warren Buffett's investing style."}
{"_id": "469688", "title": "", "text": "Yes. Here is the chart:  This will tell you if the IRA is deductible. Above these numbers, and you might be able to deposit to Roth, or to an IRA but not take a deduction."}
{"_id": "469701", "title": "", "text": "\"How on Earth could there *not* be racial inequality in a nation that was 99% ethnically homogenous for a couple thousand years, during its greatest imperial (wealth building) stretch. And only in the post-war era of e 20th century did it begin to have very significant ethnic minority groups. And those minorities were mostly poor and uneducated on arrival.  By what magic would that wealth be equally distributed now, just a few decades later? And in what universe is wealth equality by race now to be expected?   Doors were opened to other cultures. This is a good thing. But.. Was the plan to re divide the wealth of individuals upon doing so? Where was that written?  The immigrant groups in the UK are largely Pakistani and Indian... And in more recent years, Middle Eastern. They came with vast cultural and educational differences. Not to mention challenges like higher rates of birth defects and genetic abnormalities, crime rates and massive cultural impediments to female career success. Why would wealth equality have happened, and how?  It would be more \"\"shocking\"\" if there actually was racial wealth equality now.\""}
{"_id": "469715", "title": "", "text": "Microsoft outlook is a great product for email accounts. Microsoft outlook latest version is cloud based and big storage of emails and information .after reinstalling Microsoft outlook, it can be successfully upgraded. to new customers it is not easy to understand or configure email account on Microsoft outlook. So if you are experiencing any kind of problem then call our Microsoft tech support numbel+1-800-826-8068.for more information, please click to our website."}
{"_id": "469731", "title": "", "text": "\"This is unfortunately the truth, and I spend a lot of time with my clients trying to help them through this process.  One of the key metrics that banks judge themselves on is \"\"products per household.\"\"  The more things you have attached to them, the less likely you are to leave, and they deliberately tie you in with more and more services, e.g. direct deposit, billpay, debit cards, credit cards, etc.  If you want to switch but are held back by the daunting task of all the stuff you need to do, it's easier than most people think, and bankers at those smaller banks who are getting your accounts should be more than happy to do about 80% of the work for you.  *The other 20% can only be done by you personally due to privacy laws, but your banker can guide you through that too.  A prime example:  A customer of mine wanted to switch, but he didn't want to go to the old bank to actually wait in line and go through with the nonsense of actually closing the account. I see that anxiety over confrontation a lot, by the way.  So I have saved on my desktop a form letter is a simple request by the customer to close their account at 2B2F bank.  They sign it, I notarize it, and send it off to the branch.  The branch of receipt has to close the account per the request.  Before we send that letter, we get everything set up with the new bank, draw the old one down to $10 or so, and give instructions to the old bank to remit a check payable to the customer and mail it to me.  Then the old account is closed, and I just deposit that nominal amount into the customer's account.  The customer literally never has to set foot in the old bank again.   The unfortunate thing is that not everyone knows that these kinds of things are even possible: that your banker should help you with this stuff, or that you can do pretty much everything remotely.  Plus, if you look at the smaller banks and CUs these days, they have eliminated the need or ubiquity (i.e. \"\"but their ATMs are everywhere!\"\") because a good bank or CU will never allow you to get charged to get your money, they will give you the direct line and email address of your branch manager, and a lot of places have mobile apps that allow you to deposit checks remotely.\""}
{"_id": "469735", "title": "", "text": "\"I buy a lot of lumber in Japan. I grew up in the US, so I used feet and inches and Home Depot lumber for a long time. It is not illegal, it is just fucking stupid that we will buy wood when we are unsure of the dimensions, and Home Depot doesn't label what it *actually* is.   I really really like system here in Japan. They have a mix of traditional, metric, and imperial size lumber, but it is easy to use it all. The key is that everything is converted to millimeters and displayed on the signage in-store.   The other key point is that the wood actually matches that mm dimension. A pack of 30x40x3995mm wood is exactly those dimensions.    They have a lot of 2x4 lumber with imperial labels, (feet marked in \"\"f\"\"), but it is also marked in millimeters - so a standard 2x4 6f plank is 41x92x1820mm. There is no question as to the exact dimensions of the boards.   I buy metric 90x90mm lumber, which is roughly the size of a 4x4 (92x92mm), and 6\u5c3a roofing panels (1 *shaku* is 303mm and is very close to 1 foot), so since everything is reduced to millimeters, it is easy to buy and cut the lumber to exact dimensions without worrying about how they will actually fit together - something that is a horrible pain in the ass with US lumber.\""}
{"_id": "469738", "title": "", "text": "I don't know if it's legal but your talking about arbitraging the rates between a personal savings account and a business account. I also don't know those rates but will venture to guess that they are not materially different, after taking into account the cost of setting up and registering an LLC, for it to be worth the time and effort."}
{"_id": "469774", "title": "", "text": "Why should healthy people be required to subsidize the sick?  A single, healthy, working young man or woman needs catastrophic coverage only.  They don't need: pregnancy, mental health, substance abuse, child coverage, mammograms, and all the other bullshit that Obamacare policies mandate, which needlessly increase the cost.  &gt;That's Republicans for you. They obstruct and sabotage the system and then blame everyone else when the system doesn't work.  Why are you pointing blame on Republicans?  The death spiral started while Obama was in office."}
{"_id": "469776", "title": "", "text": "\"I am not sure about transferwise and how they work, but generally when I had to transfer money across countries, I ended up using a foreign currency/transfer company who needed the destination account details i.e. a GBP account in the UK in your case, and money from the source account. Basically that means your father would need to open an EUR account, probably in an EU country (is this an option?) but may be in the UK is fine too depending on transfer fees. And a GBP account in the UK, perhaps see if there is a better business account than HSBC around, I have used them as well as Santander before. The only FX transaction done in this straightforward set up is the one performed by the specialised company (there are a few) - and their spread (difference between interbank i.e. \"\"official\"\" and your price) is likely to be around 1.0 - 1.5%. The other expenses are transfer fees to the FX company account, say a flat fee of $25 for the SWIFT payment. The full amount less the spread above then goes to your UK GBP account. There are still the running costs of both EUR and GBP accounts of course, but here the advice would be just to shop around for offers/free banking periods etc. Point being, given the saving in FX conversion, it might still be a better overall deal than just letting HSBC deal with it all.\""}
{"_id": "469795", "title": "", "text": "As I posted above:   Assumes using an A380 with 154 seats, flying from NY to Washington DC    *All dollar amounts assume PER PERSON*    $2.50 - in fuel costs.   $1.50 - in crew costs.   $13.50 - in takeoff/landing fees in JKF and Dulles.   $6.00 - Domestic passenger tax.   $4.00 - Domestic Flight Segment Tax.   $5.50 - 9/11 Security Fee.   $11.50 - in Flight Cycle payment.   $14.00 - Airplane maintenance.   $10.00 - Overall operations overhead (conservative estimate)   $0.25 - Insurance.   **Our very rough grand total is!!**...   $68.75   Lets just round up to $70.. for other small things not covered..    Credit: https://www.youtube.com/watch?v=6Oe8T3AvydU"}
{"_id": "469806", "title": "", "text": "Yes, that's right, which is why you should get in on it quick, before it goes up even more.   Think about it, one Bitcoin now could buy you a house in about a decade. It'll be the only currency of value in just a few years."}
{"_id": "469809", "title": "", "text": "Absolutely. An IRA works just like any other brokerage account except that there are constraints on contributions and withdrawals. You can invest in just about anything you'd like. Because the title of your question is slightly ambiguous I'll add this for clarity. You can't directly add stocks to an IRA account. You can only fund it with cash. However, you can buy any stock you want with the cash you transferred into the account. If you want to move a stock into an IRA account from another account you will need to cash it out first, transfer the cash, then re-buy the stock."}
{"_id": "469819", "title": "", "text": "While theoretically it works it's not a realistic trade because of market efficiency. It's realistic for brokers to advertise trades like this so they can earn more customers and commission. These sorts of trades will be priced in to highly liquid big ticket names like KO and the vast majority of the market. The possibility exists with small names with less liquidity, less trading volume; however, the very execution of this trade will alter the behavior of impending traders thus minimizing any potential profits."}
{"_id": "469830", "title": "", "text": "Most brokers have a margin maintenance requirement of 30%.  In your example, it would depend on how much money you're borrowing from your broker on margin. Consider this: You have $250, and short AAPL at $500 on margin. This would be a common scenario (federal law requires investors to have at least 50% of their margin equity when opening a transaction). If your broker had a requirement of 30%, they would require that for your $500 position, you have at least $500 * .3 = $150 equity. Since you are currently above that number at $250, you will not be hit with a margin call. Say the price of AAPL doubles, and now your position is worth $1000. $1000 * .3 = $300, which is $50 above your initial equity. Your broker will now consider you eligible for a margin call. Most will not execute the call right away, you will often have some time to either sell/cover stock or add funds to your account. But not all brokers will warn you if you are breaking margin requirements, and sometimes margin calls can take you by surprise if you are not paying attention. Also, many will charge interest on extra margin borrowed."}
{"_id": "469835", "title": "", "text": "\"In theory, investing is not gambling because the expected outcome is not random; people are expecting positive returns, on average, with some relationship to risk undertaken and economic reality. (More risk = more returns.) Historically this is true on average, that assets have positive returns, and riskier assets have higher returns. Also it's true that stock market gains roughly track economic growth. Valuation (current price level relative to \"\"fundamentals\"\") matters - reversion to the mean does exist over a long enough time. Given a 7-10 year horizon, a lot of the variance in ending price level can be explained by valuation at the start of the period. On average over time, business profits have to vary around a curve that's related to the overall economy, and equity prices should reflect business profits. The shorter the horizon, the more random noise. Even 1 year is pretty short in this respect. Bubbles do exist, as do irrational panics, and milder forms of each. Investing is not like a coin flip because the current total number of heads and tails (current valuation) does affect the probability of future outcomes. That said, it's pretty hard to predict the timing, or the specific stocks that will do well, etc. Rebalancing gives you an objective, automated, unemotional way to take advantage of all the noise around the long-term trend. Rather than trying to use judgment to identify when to get in and out, with rebalancing (and dollar cost averaging) you guarantee getting in a bit more when things are lower, and getting out a bit more when things are higher. You can make money from prices bouncing around even if they end up going nowhere and even if you can't predict the bouncing. Here are a couple old posts from my blog that talk about this a little more:\""}
{"_id": "469853", "title": "", "text": "I would not suggest closing out your Roth IRA -- Couple of reasons for that - 1) Since you've been contributing to it for 15 years, your investments have probably grown, seen dividends, etc.  If you close it out, you will owe taxes and be slapped with a 10% penalty on the growth (money you didn't contribute).  That's quite a waste of hard earned money.   2) While your income may exceed the contribution limit of a Roth, you could do what's called a 'backdoor' Roth - which is really just converting your after tax contributions into an IRA into a Roth IRA. 3) Given the length of your contributions your Roth IRA is seasoned (5 years) This allows you to use up to 10k for your house if you chose.  (Usually not an option people use) Other than that, consider paying off the student loans with the highest interest first."}
{"_id": "469874", "title": "", "text": "\"Some rich people want to make money without working. So they give their money to a company like Apollo Global Management, and then Apollo Global Management takes the money that they were given and decides how they will turn that money into more money, which they can give back to the person who gave it to them. That money they give back is called return, or \"\"return on investment.\"\" That's how the person who gave the money, makes money -- from return on investment. The company's only real purpose is to make money with the money you give them. The company takes the money and sometimes they let other companies borrow that money, either for a long period of time or short period of time. They have different things called stocks, bonds, commodities and other things that they trade back and forth, and they only hope that they will make money doing it. It is sort of like they are going to work and playing the lottery every day, except, they do a lot of math to try and figure out how they can win the money from other companies as quick as possible. Instead of buying lotto tickets, they are buying those things I mentioned, stocks, bonds, commodities, and other things. By buying or selling these things, they are betting that a company will either make or lose money. It is basically like a game, with you and other people and companies, all as players. You are betting that the other players in the game will either make or lose money, based on what you see other players doing. As a player, you can win big or small, and you can lose big or small. There's a thing called the SEC. To play the game, you have to follow the rules that the SEC makes, or you will end up in jail! They are like the police, they are looking for people who do bad things. When you are older, you can make a lot of money if you work at a company like Apollo, but you can make more money than a lottery winner if you own a company yourself like Apollo.\""}
{"_id": "469888", "title": "", "text": "\"First, welcome to Money.SE.  The selected page is awful. I don't know the value in listing different expirations at the same strike. Usually, all the strikes are grouped by month, so I'd be looking at Jan '15 across all strikes.  \"\"In the money\"\" means the price of a stock is trading above the strike price, if a call, or below it, if a put.  On 10/20 of some year, Intel was trading at $23.34. The January $25 call strike was just $0.70, and April's was $1.82. These were out of the money. The $25 puts were \"\"in the money\"\" by $1.66 so you could have paid $1.90 for the Jan $25 put, with $.24 of time premium.  By November, the price rose and the put fell, to $.85, all time premium.  As with stocks, the key thing is to only buy calls of stock that are going to go up. If a stock will fall, buy puts. Curious, what was the class discussion just before the teacher gave you this image?\""}
{"_id": "469892", "title": "", "text": "I'll read between the lines: you're (justifiably) feeling smart about how you manage your money: debt-free, smart about your spending, saving for retirement, etc. But you're looking at all those fancy cars and feeling a little left out. And Americans especially have a love for automobiles -- it's not just transportation, a car is a status symbol. Yes, some of those people afford their cars just fine. But a lot of people out there are AWFUL about saving and spend recklessly. Americans are notoriously bad at saving for retirement, for example.  So if they aren't saving, where does that money go? They buy stuff they don't need. They live paycheck-to-paycheck. They run up debt. They buy cars. Overspending on cars is so easy to do: leases have low payments, or you can get a 6 year loan. There are many financial tricks for people that think only in terms of monthly payments. So instead of lamenting that the grass is greener as all those BMWs whiz by, smile deeply and enjoy that feeling of sleeping well at night instead of stressing out about the next credit card bill and car payment waiting for you in the mailbox. (And at the same time, if you really want a luxury car and want that to be a priority, you can make it happen and not go broke. Get a late model year certified pre-owned vehicle just out of lease, for example. Saves a ton of money, is still under warranty, and satisfies the lust for luxury.)"}
{"_id": "469916", "title": "", "text": "\"I always liked the answer that in the short term, the market is a voting machine and in the long term the market is a weighing machine. People can \"\"vote\"\" a stock up or down in the short term.   In the long term, typically, the intrinsic value of a company will be reflected in the price. It's a rule of thumb, not perfect, but it is generally true. I think it's from an old investing book that talks about \"\"Mr. Market\"\".   Maybe it's from one of Warren Buffet's annual letters.    Anyone know? :)\""}
{"_id": "469938", "title": "", "text": "greenspans is arguing that the company isn't capable of negoiating away a promise, because if workers want to make this deal, they might be able to turn it into a good one.   It's like winning the lottery in a sense. I can either take payments of $20,000 for the rest of my life, or I can get $6 million now. Well the lottery doesn't continue payments after my death. So I need that money now, so I can turn it into real currency. Take out taxes and I actually have something that I can turn into a better asset.   Some of these folks will fuck up, mind you, but they should be given the opportunity to succeed. Maybe in their area there's some property they can invest in with their payment.  Obviously if the majority of the workers are underwater, giving them a short-term payout to clear their debts before they start begging the state for money probably won't work out well, but again, they should at least be allowed their own choice in the matter."}
{"_id": "469941", "title": "", "text": "\"If I read your figures correctly, then the cost difference is negligible. ($1.84 difference) The main determining factor, I'd think, would be the coverage.  Do you get more, or less, coverage now than you would if you went together on the same plan?  You'd both be covered, but what is the cap? Plans, and employer contributions, change all the time.  How is business in both of your companies?  Are you likely to get cut? Are you able to get back into a plan at each of your employers if you quit the plan for a while?  These rules may be unpleasant surprises if, say, your wife cancels her plan, goes on yours, and you lose your job.  She may not be able to get back into her insurance immediately, or possibly not at all.  A spouse losing a job isn't a \"\"qualifying life event\"\" the way marriage, birth of a child, divorce, etc., is.\""}
{"_id": "469964", "title": "", "text": "\"Its neither. Its a scam. there's no value underlying it, and it has proven to be the most speculative and untrustworthy investment there is. The scam works like a pyramid scam, so the more people come later on the more people who came in earlier on gain, so that is why you see so much hype around it encouraged and fueled by those early adopters who'll cash out at your expense. Imagine people who jumped on the bandwagon when each coin was worth a mere fraction of a dollar - they want you to \"\"invest\"\" at the current price of hundreds of dollars per unit so that they could cash out. You'd be better off with tulips, really. (And don't be discouraged by the downvotes on this answer, of course those scamers will try to shut me down. That will just prove the point.)\""}
{"_id": "469972", "title": "", "text": "\"It's a tough thing to do.  You should look for a salaried position.  Your freelance skills will be much better received, if you've worked for a couple of companies doing programming full time.  Nothing beats working at it all day long for a few years. If you're set on being freelance, write some utility that will be popular, and submit it to Freshmeat.net.  Now that's asking a lot.  Those on the Web looking for programmers will most likely want you to work for 'sweat equity'.  That is, a share in the company for you labour.  In other words \"\"FREE\"\".  I've done my share of those, and if you're just getting into this, you should steer away from them.  You may hit the jackpot, but you won't sleep for the next few years ;-)\""}
{"_id": "469976", "title": "", "text": "I'm not sure you can sensibly separate the two: their decision was apparently to take on a market leader in a reasonably sophisticated area that they have no expertise in, within what appears to be a very tight time frame."}
{"_id": "469990", "title": "", "text": "\"A lot of your questions are probably best directed towards your payroll department, who have no doubt done this sort of thing before.  But I can answer about the cross-border banking question.  Of the \"\"Big Five\"\" Canadian banks, the one with the largest presence in the U.S. is almost certainly TD.  (\"\"TD\"\" stands for \"\"Toronto Dominion\"\", after all.)  TD Canada Trust, the Canadian version of the bank, seems to offer a range of services for cross-border banking.  I would recommend calling the Canadian bank and asking what they can do for you.  Trying to get things set up from the U.S. side is likely to lead to frustration;  Canadians needing to do financial stuff in the U.S. is much, much more common than Americans needing to do financial stuff in Canada, and the bank staff on each side of the border will probably be proportionately helpful.\""}
{"_id": "469993", "title": "", "text": "This is stupid.  Change the US tax law, that will fix it.    Apple is avoiding taxes by playing an overseas card, are you getting rid of your iPhone, too, if you are about to boycott Burger King?  Microsoft, is doing it, all the multinationals are playing games like this.  I am not blaming them, I am just saying.  More and more of the largest companies are leaving because of our excessive tax laws, we end up with lower net tax income as a result (fewer and fewer companies to pay the large taxes).  These taxes also make us less and less competitive.  Articles like this aren't going to cut it, waving a flag won't either.  Oh, and don't get me started on the total stupidity on taxing US citizens living overseas for overseas income, even if they haven't lived or worked in the US for years.   They have to pay whatever taxes of the country they are in, plus have to file and declare income to the US government, to also pay US taxes.  I think only USA is doing that, btw.  Look up how many people are force to give up their US citizenship because of these laws.  That, too, has to be changed.  The sooner the better."}
{"_id": "470005", "title": "", "text": "The biggest part about Kenmore: Kenmore doesn't make appliances last I heard. They get other companies to and rebrand them. So, in the end, you are buying an appliance from Whirlpool, GE, or sometimes Haier.  Edit: Meant to say that it's a good option. I reread my post and it sounded negative"}
{"_id": "470024", "title": "", "text": "The biggest reason that they are a bad idea is just because every credit application hurts your credit score, as does having too many cards. In addition, every new card is a greater risk of identity theft."}
{"_id": "470029", "title": "", "text": "This is actually good news.  Hospitality/Tourism is a weird industry, where specialized &amp; local knowledge can become very valuable.  Sure, it's easy to just go be a waiter for a few months and then bail.  It's also possible to learn how to be a full-time restaurant manager, cook/chef, catering manager, etc.  There are lots of nooks and crannies, and since every city needs different things then the value of people with local market knowledge is higher than in other, more homogeneous industries.  Source: I work in Hospitality."}
{"_id": "470032", "title": "", "text": "\"In my experience working at a currency exchange money service business in the US: Flat fees are the \"\"because we can\"\" fee on average. These can be waived on certain dollar values at some banks or MSBs, and sometimes can even be haggled.  If you Google EURUSD, as an example, you also get something like $1.19 at 4pm, 9/18/2017. If you look at the actual conversion that you got, you may find your bank hit you with $1.30 or something close to convert from USD to Euro (in other words, you payed 10% more USD per Euro). And, if you sell your Euro directly back, you might find you only make $1.07. This spread is the real \"\"fee\"\" and covers a number of things including risk or liquidity. You'll see that currencies with more volatility or less liquidity have a much wider spread. Some businesses even go as far as to artificially widen the spread for speculators (see IQD, VND, INR, etc.). Typically if you see a 3% surcharge on international ATM or POS transactions, that's the carrier such as Visa or Mastercard taking their cut for processing. Interestingly enough, you also typically get the carrier-set exchange rate overseas when using your card. In other words, your bank has a cash EURUSD of $1.30 but the conversion you get at the ATM is Visa's rate, hence the Visa fee (but it's typically a nicer spread, or it's sometimes the international spot rate depending on the circumstances, due to the overhead of electronic transactions). You also have to consider the ATM charging you a separate fee for it's own operation. In essence, the fees exist to pad every player involved except you. Some cards do you a solid by advertising $0 foreign exchange fees. Unfortunately these cards only insulate you from the processing/flat fees and you may still fall prey to the fee \"\"hidden\"\" in the spread. In the grander scheme of things, currency exchange is a retail operation. They try to make money on every step that requires them to expend a resource. If you pay 10% on a money transaction, this differs actually very little from the mark-up you pay on your groceries, which varies from 3-5% on dry food, to 20% on alcohol such as wine.\""}
{"_id": "470038", "title": "", "text": "You know there are things that are out of your hands right? Like the choices your parent's made, choices others make that have impacted you, etc. Can't control everything in life and your nativity to those complexities shows that you've never met or heard of people who are themselves left without many options in their life to just up themselves and find a job that actually pays a living wage.   FDR once said something along the lines of if a business cannot operate without paying their employees a living wage, then it shouldn't be operating at all in the US. We should be working at putting the pressure on those exploiting the labor of our people without options to pay living wages instead of blaming one another for their life circumstances."}
{"_id": "470062", "title": "", "text": "If I remember correctly, once you're about to exceed the threshold you really don't have a choice and have to register for VAT. As DumbCoder mentions, the quarterly VAT returns isn't that much of a hassle, plus if you fall under a certain threshold, you can sign up for the annual accounting scheme for VAT, which means you'll have to only put in a single return, but HMRC takes more payments out over the course of the year. This is what I did when I ran my own limited company in the UK."}
{"_id": "470063", "title": "", "text": "That's a great answer. Now here's how it really works.  You forgive student debts, the lenders take major losses. This creates a major credit crisis and the financial institutions need to be bailed out all over again. This means using taxpayer dollars and printing massive amounts of money. The value of student debt is over $1 trillion. That is about a third what the government pays in a typical year, so just imaging how that would effect the deficit when they have to foot the bill because there is no way in the hell the banks are paying it."}
{"_id": "470066", "title": "", "text": "You said your mother-in-law lives with you. Does she pay rent, or are you splitting the cost of housing? That would also have to figured into the equation.  If you had a business you would now have to declare the expense on your business taxes. This would also then be income for her, which she would have to account for on her taxes. Remember there are both state and federal taxes involved. Regarding expenses like diapers. If the MIL had the business she could deduct them as a business expense. If you have the business it would greatly complicate the taxes. Your business would be essentially covering your personal expenses. If your MIL was not a business the cost of diapers would be paid by you regardless of the working situation of you and your spouse. To claim the tax credit: You must report the name, address, and taxpayer identification number   (either the social security number, or the employer identification   number) of the care provider on your return. If the care provider is a   tax-exempt organization, you need only report the name and address on   your return. You can use Form W-10 (PDF), Dependent Care Provider's   Identification and Certification, to request this information from the   care provider. If you do not provide information regarding the care   provider, you may still be eligible for the credit if you can show   that you exercised due diligence in attempting to provide the required   information. The IRS will be looking for an income tax form from your MIL that claims the income.  Getting too cute with the babysitting situation, by starting a business just for the purpose of saving money on taxes could invite an audit. Also it is not as if you just claim 3000 and you are good to go. You can only claim a percentage of the expenses based on the household AGI, the more the make the more you have to have in expenses to get the full 3000 credit, which mil cause more taxes for your MIL. Plus the whole issue with having to pay social security and other taxes on a household employee. It might be best to skip the risk of the audit. Claiming your MIL as a dependent might just be easier."}
{"_id": "470067", "title": "", "text": "Online Video Delivery - Innovate Media - Production expertise comes knowledge of how to seamlessly deliver videos over the web, Media's delivery and tracking you will see how much online video had improved your site.Insert a line of code onto your page and forget about it."}
{"_id": "470074", "title": "", "text": "\"According to the FT article mentioned in the Reuters piece:  \"\"GSAM blamed the large outflows this year on investors pulling out of its money market funds, short-term investment vehicles that provide clients with a liquid alternative to cash. A spokesman added that the company\u2019s mutual fund range, excluding money market funds, had inflows so far this year.\"\"  also this...  \"\"Traditional asset managers such as Goldman, which has the majority of its assets in actively managed funds, have been hurt by investors dumping stockpickers for cheaper passive funds that track an index  (...)  Last year, bosses at the fund division told GSAM\u2019s 2,000 employees that they must cut spending and banned all travel that was not associated with meeting clients and winning new business (...) Earlier this year, the company shut down the London operations of its internal hedge fund, which sits in investment banking, and told staff to move to the US or find a new job internally (...) The company has been affected by changes in the US money market sector, where new rules to strengthen investor protection and liquidity in the strategies were introduced last year. The prospect of rising interest rates and the potential for better returns are also making investors consider other investment funds.\"\"   Source: That FT article\""}
{"_id": "470086", "title": "", "text": "Best places to visit in Barsana,This Indian tourist place is famous for divine love of Goddess Radha and God Krishna. Barsana is the origin place of Goddess Radha and God .Barsana is a place of Shreemati Radhika beloved of Shree Krishna. The lakes, ponds, gardens, forest and other places reminds of Radha.It provides you the details of places Barsana ."}
{"_id": "470087", "title": "", "text": "Except again you're wrong and retarded the comment I first made was in response to a ridiculous statement you mad to someone else who was referring to income tax because income tax is theft and I know this because I'm capable of critical thinking now even in my very first comment I mention income tax and nowhere in this entire conversation have I deviated from income taxes other than bringing up an alternative. I would like to ask you again, how hard is it going through life with 0 critical thinking and comprehension skills?"}
{"_id": "470096", "title": "", "text": "Don't know if anyone saw this, but AvE did a teardown of the thing, and it's so excessive in materials and ineffecient design it's sickening. Those machines could have been made for 1/4 the price easily, and the company might not have been in such hot water (although the idea overall is not well thought out)  https://www.youtube.com/watch?v=_Cp-BGQfpHQ"}
{"_id": "470101", "title": "", "text": "If your regular withholding is not enough to cover your tax due, then you can withhold extra  taxes to avoid owing anything the following April 15.  Alternatively, you may make estimated tax payments to avoid owing anything the following year.  Some taxpayers will be required to make estimated payments, typically when the tax due will be sufficiently larger than the amount of withholding. If your husband says that you owed $5,000 in April, then he wants you both to withhold $2,500 for the entire year.  If all your income is shared, then that makes sense.  But if your income is not entirely shared and your personal luxury expenses come from your income, then this sounds a little unfair (you are paying some of the tax on his income).  If you don't share 100% of your income, then he should withhold more extra than you do (something more like $2,700 for him and $2,300 for you, depending on the details).  If you share everything, then all the income and all the taxes are shared so the individual accounting matters little. Yes, if you overpay taxes, you may get a refund.  Do not do this, that's just an interest-free loan to the government.  Instead, put the extra money into a savings account of your choice and withdraw it whenever you want."}
{"_id": "470103", "title": "", "text": "Rudralife, established in 2001, is a pioneer organization engaged in promoting and creating awareness amongst the masses on Rudraksha. It provides genuine and high quality Rudraksha beads which have been tested in and certified by an ISO 9001: 2015 accredited laboratory."}
{"_id": "470104", "title": "", "text": "\"There's more info in [this linked article](http://www.businessinsider.com/burger-kings-young-ceo-2014-7)  &gt; Having no experience in the industry, Schwartz spent his first couple of months training in Burger King restaurants \u2014 cleaning toilets, making burgers, and interacting with customers.    &gt; His experience led him to believe that the complicated menu was slowing down orders. So he simplified the burger chain's offerings to include dishes that are easier to assemble.  &gt;    &gt; Under the direction of 3G, Schwartz has helped reduce Burger King's corporate headcount from 38,884 to 2,425 by refranchising restaurants, meaning those workers now report to franchise owners. He has implemented deep cost-cutting measures that axed many executive perks, including lavish offices that employees called \"\"Mahogany Row\"\" and a $1 million annual party at a chateau in Italy, Leonard writes. &gt;  &gt; Schwartz has also negotiated deals with restaurant operators in Brazil, China, and Russia, which have helped grow the number of Burger Kings worldwide by 12% to 13,667 over the past year. &gt;  &gt; In the first quarter of this year, the company's same-store sales increased 2% and net income nearly doubled to $60.4 million. &gt;  &gt; Read more: http://www.businessinsider.com/burger-kings-young-ceo-2014-7#ixzz3BVRxWKH9\""}
{"_id": "470117", "title": "", "text": "\"How to spend the money is up to you. That includes spending money on your house. (This is a safer way to look at it than an \"\"investment\"\". Not that it can't ever be treated as such, but that doing so often makes it easy to justify bad decisions and overspending on the house.) So with regards to the mortgage: So if it's not a monstrously huge deal, you might prefer to avoid default. Now,  how to invest the rest while waiting to spend it, now...\""}
{"_id": "470126", "title": "", "text": "What is the rational argument to defend the position that American GDP growth is slower than historical yearly gains and this was a fault of Obama. There seems to be relative consensus among economists that  sustained growth rates in the 3%s is a thing of the past.   Genuinely interested in hearing a response."}
{"_id": "470133", "title": "", "text": "When i looked it up on the BLS site, '68 and '69 were the only two years that MW was over $10 an hour (adjusted for inflation).  But, apparently that's not good enough.  They want vacations, cars, retirement at minimum wage this generation apparently"}
{"_id": "470137", "title": "", "text": "&gt; Whatever the supply of labor and demand for labor set.  That's essentially a circular answer. The price of labour affects both the supply and demand. If the demand for a certain type of labour increases, the price will increase, and that causes the supply to rise, lowering the price back down.  For any given job, the price of labour will tend towards the marginal value."}
{"_id": "470148", "title": "", "text": "On NPR this morning they stated the drop in productivity as a possible good. Being that if demand rose employers would look to hire. This is true since the slight drop is a sign of max employment relative to current demand, but opposite is also true(and currently more likely IMO) if demand drops, employers may look to downsize."}
{"_id": "470173", "title": "", "text": "\"This is a great question!  The IRS is not 100% clear on this. IRS publications do however very strongly suggest that assuming your wife has a plan providing family coverage, you can contribute up to your family maximum. If she does NOT have a family coverage plan then the answer is definitively no, you may only contribute the individual limit. Note if you have children covered by her plan then she is considered to have \"\"family coverage\"\" even if you are not covered by her plan (see here, question 12). From the 2012 IRS publication, bottom of Page 4. For 2012, if you have self-only HDHP coverage, you can contribute up to $3,100. If you have family HDHP coverage, you can contribute up to $6,250. This is presumably the referencing the definition which is introduced and discussed for married couples on Page 6: Rules for married people.   If either spouse has family HDHP coverage, both spouses are treated as having family HDHP coverage. If each spouse has family coverage under a separate plan, the contribution limit for 2012 is $6,250. You must reduce the limit on contributions, before taking into account any additional contributions, by the amount contributed to both spouse's Archer MSAs. After that reduction, the contribution limit is split equally between the spouses unless you agree on a different division. Example. For 2012, Mr. Auburn and his wife are both eligible individuals. They each have family coverage under separate HDHPs. Mr. Auburn is 58 years old and Mrs. Auburn is 53. Mr. and Mrs. Auburn can split the family contribution limit ($6,250) equally or they can agree on a different division. If they split it equally, Mr. Auburn can contribute $4,125 to an HSA (one-half the maximum contribution for family coverage ($3,125) + $1,000 additional contribution) and Mrs. Auburn can contribute $3,125 to an HSA. The last example is nearly the exact situation you are in assuming your wife's plan is family coverage. The only assumption beyond what is explicitly written you need to make is that you are considered to have family coverage in the example as per the \"\"Rules for married people\"\" section, even though your plan only is a single-coverage plan.  This conclusion seems to logically follow from information in the FAQs here (see Q32), as well as this document. Neither the above example nor any IRS documents referenced in this answer cover your situation completely.\""}
{"_id": "470177", "title": "", "text": "Its based on demand and supply and what Bank think the future rates would be. Today Banks in India have a liquidity crunch as the Repo Rates by Reserve Bank of India [Central Bank] are high. Bank want to encourage more people to deposit money and hence are offering higher rates. Banks also believe that once the Inflation is under control, the Central Bank would ease the repo rates. This is likely to happen in a years time. Hence Banks one year down want to lower the Fixed Deposit rates. So essentially they would be at loss if they give higher rates for longer periods. So they are offering the highest rates for a period of year which motivates more people to invest for a year, even if they want to stay invested for long."}
{"_id": "470189", "title": "", "text": "The article seems to indicate that executives are being forced by a younger work force to move their concentration of high end labor back towards cities. It's not exactly a concentration of wealth issue. It is if you want to buy a house."}
{"_id": "470196", "title": "", "text": "I'm not an economIST, but it always seemed to me that if **more** people had **more** money, then **more** exchange AND savings would happen, and that in a market based economy that hinges on buying and selling things having more disposable income to dispose of in the marketplace was a good thing. Always seemed that socio-economic population curves should follow a bell curve that way."}
{"_id": "470212", "title": "", "text": "\"Gotta ask, before I log out for the day... what would constitute \"\"scientific methodology\"\" regarding political analysis?  Now that we are in tune with reality, these guys do a decent job. There are plenty of other bias checkers out there... try to use those. Whatever you do, avoid highly biased things like Breitbart or Drudge. there are left-leaning media which are also highly biased, but NYT is not one of those.  Have a good day.\""}
{"_id": "470215", "title": "", "text": "&gt; Its a no, there should be no taxes on anyone, only service providers and voluntary customers.  Last time you made this claim I pointed you to [a video on the US's Articles of Confederation](https://www.youtube.com/watch?v=C6rHSiN0vKk) and you never responded.  Perhaps you'll muster up the courage this time.  The Articles of Confederation was set up very similar to what you are proposing.  Why do you think that government failed?"}
{"_id": "470226", "title": "", "text": "Apple closed Friday 9/23 at $403.40.   This is what the Puts look like, note the 2013 expiration.  (The rest is hypothetical, I am not advising this.) As a fan of Apple and feeling the stock may stay flat but won't tank, I sell you the $400 put for $64.65.  In effect I am saying that I am ready willing and able to buy aapl for $400 (well, $40,000 for 100 shares) and I have enough margin in my account to do so, $20,000. If Apple keeps going up, I made my $6465 (again it's 100 shares) but no more. If it drops below $400, I only begin to lose money if it goes below $335.35.  You, the put buyer are betting it will drop by this amount (more than 15% from today) and are willing to pay the price for this Put today."}
{"_id": "470232", "title": "", "text": ""}
{"_id": "470251", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.irwincollier.com/chicago-henry-simons-last-course-fiscal-policy-1946/) reduced by 74%. (I'm a bot) ***** &gt; Henry Simons&amp;#039; course &amp;quot;Economics of Fiscal Policy&amp;quot; was introduced into the Chicago public finance offerings in the Winter Quarter of 1934-35 and was taught by him in all but two years before his suicide that happened immediately after the Spring Quarter of 1946 had concluded.  &gt; From Norman M. Kaplan&amp;#039;s student notes for Simon&amp;#039;s last course I have transcribed the list of course readings and the rough outline of the course discussed in the first two sessions.  &gt; Read portions of Beveridge book which have to do with fiscal policy, part I, part IV, appendices B &amp; C. esp.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6h1vy3/chicago_henry_simons_last_course_fiscal_policy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~143289 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **course**^#1 **Part**^#2 **Fiscal**^#3 **income**^#4 **Policy**^#5\""}
{"_id": "470252", "title": "", "text": "Really? That's unfortunate.  I've read stories of guys that buy companies that are basically failing, restart them so to speak with a new vision, and make a kill doing it. That's something that sounds really awesome to do.  Otherwise, it's basically just like playing the stock market, but in a different version it seems like."}
{"_id": "470253", "title": "", "text": "BRIGGS &amp; STARTTON engine fuel pump is one of the best fuel pumps. It is preferred in different types of vehicle as it comes with latest engine features. There can be also issues with the fuel pump and users at times find difficult solving the issues. This article will help the cause."}
{"_id": "470267", "title": "", "text": "Direct roll-overs / trustee to trustee transfers are typically initiated by the receiving institution. Therefore you need to work with Vanguard. They will have a form in which you provide them with your fidelity account info and they will then contact Fidelity and initiate the transfer.  Do not take the option of being sent a check made out to you by Fidelity (an indirect rollover). There are too many ways to muck up and get hit with penalties if you are the middleman in the process. I believe in most, if not all, cases the IRS now requires a 20% withholding on indirect 401k rollovers. This is because too many times people would initiate a roll over but not complete it either at all or within the allowed 60 day window and then come tax time be unable to pay the tax and penalty on the distribution. The tricky part of that withholding is that you still have to deposit that amount into the new account otherwise it becomes a distribution subject to tax and penalties (and that means coming up with the money from other accounts). So in summary talk to Vanguard and set up an institution to institution transfer. They souls make this very easy as they want your money. And do not do any kind of rollover where you come into personal possession of the money.  If the check is made out to Vanguard but sent to you to resend to Vanguard that should not be an issue as that is still a trustee to trustee transfer.  Fidelity may have a minor account closer fee that will be deducted from the value of the account before it is sent."}
{"_id": "470289", "title": "", "text": "All things being equal, a $55,000/year job with 25% benefit load is about $68,750/year. That's a little more than $34/hr. Your rate really depends on the nature of the work. If it's strictly a part-time job where you are an employee, you're probably looking at a $28-38/hr range. If you're an independent contractor, the rate should be higher, as you're paying the taxes, doing other administrative stuff. How much higher depends on the industry... software/it rates are usually 1.5-2x, construction is driven by the union scale in many places, etc. Note that you need to meet criteria defined by the IRS to successfully maintain independent contractor status from a tax POV."}
{"_id": "470290", "title": "", "text": "http://www.vistageconnect.com -- Who are you speaking to? Just who is your marketing message trying to reach? Marketing and branding expert David Avrin explains how taking a bit of time to get to better know your customers can help yield better results for your overall marketing efforts."}
{"_id": "470299", "title": "", "text": "Here's my take: 1) Having a car loan and paying it on time helps build credit. Not as much as having credit cards (and keeping them paid or carrying balance just enough to be reported and then paying it), but it counts. 2) Can't you set in your bank, not the lender, something to pay the car automagically for you? Then you will be paying it on time without having to think on it. 3) As others said, do read the fine print."}
{"_id": "470308", "title": "", "text": "&gt;What SoftBank seemed to do was lower prices in Japan and offer better service.  While I admire your rose-tinted optimism, I really think you ought to ask someone actually living in Japan, and a former Softbank customer to boot, what the truth is.  *Former* in the sense that I quit their service around iPhone 3G time, and will never go back to them.  The only reason they're even a player in Japan is because they took the iPhone before the other two networks, and if you wanted Apple's beast, they were the only choice.  They are still the only provider with the iPad, and despite wanting one for a while, I refuse to buy one until it's available on another network.  A few choice items from their track record:  * Their network has consistently been the slowest of the 3 main Japanese networks with the worst coverage (this is partly not their fault because when they bought Vodafone, it was already a shitty service) but they've had a few years to sort things out now, and they're still behind the bigger networks in most areas.  * They ran Yahoo! BB (Japan's largest ISP) famous for outrageous hard selling, shitty customer service and just about the slowest broadband speeds in the country for a major provider due to massively overselling their capacity.  They also had a bizarre and stubborn preference for ADSL when everyone else was selling optical fiber.  * They also run Yahoo! Japan, which while pretty much the biggest website in the country (Yahoo! is still huge here) has ridiculously inflated fees for stuff like auctions and other services (we have no eBay).  So they're not averse to profiteering when the opportunity presents itself.  If Japan is anything to go by, I wouldn't hold your breath.  Combining a third-rate Japanese operator with a third-rate US one isn't the recipe for success."}
{"_id": "470315", "title": "", "text": "I feel your pain. It probably depends on your state, but two things we've tried with some benefit:"}
{"_id": "470319", "title": "", "text": "I second the vote for GnuCash. It runs on Linux, Windows, and Mac. It is double-entry accounting, so there is a little bit of a learning curve, but it sounds like you should probably have something a little more powerful than Mint for your situation."}
{"_id": "470332", "title": "", "text": "Hahahah, let the hate out. You're going to have a heart attack and die you old sack of bones if you keep going crazy like this. Just say it with me: Trump is my President.  See no one died, no one went to a concentration camp or caused nuclear war. Dr. President Trump will take good care of you.  You're so tolerant. Lumping all of one group together. Aren't you supposed to be the party of inclusiveness?"}
{"_id": "470334", "title": "", "text": "\"Edited answer, given that I didn't address the emergency fund aspect originally: None. You've said you don't feel comfortable locking it away where you wouldn't be able to get to it in an emergency. If you don't like locking it away, the answer to \"\"How much money should I lock up in my savings account?\"\" is none. On a more personal note, the interest rates on bonds are just awful. Over five years, you can do better.\""}
{"_id": "470346", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-04/trump-aides-are-said-to-deliver-shortlist-of-fed-candidates) reduced by 81%. (I'm a bot) ***** &gt; President Donald Trump&amp;#039;s advisers have given him a final list of people they&amp;#039;re recommending as candidates to lead the Federal Reserve and have ended the search, according to seven people familiar with the matter.  &gt; Two of the people said Fed Chair Janet Yellen remains under consideration - even though few, if any, of Trump&amp;#039;s inner circle are advocating for her re-appointment.  &gt; Trump is known to have spoken to Yellen, Cohn, Warsh and Powell about the Fed post, several people told Bloomberg News last week.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/747243/trump_aides_deliver_shortlist_of_fed_candidates/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~221689 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **people**^#1 **Trump**^#2 **Two**^#3 **Fed**^#4 **governor**^#5\""}
{"_id": "470357", "title": "", "text": "Taking into account your POV I would recommend mostly goods that will be harder to obtain, precious metals (not only gold) and forex (although the forex aproach depends on some other country not having troubles with it's own economy which in a world as interconnected as ours by internet and all the new technologies doesn't seem likely)  i highly recommend silver which is cheaper than gold and is stable enough in the long term"}
{"_id": "470369", "title": "", "text": "I have heard it recommended on the money radio shows to get a little walking around money in the local currency at your local bank, but look for a credit card that offers low or no fees for international usage.  The credit card company will do all the monetary conversions for you for a smaller fee."}
{"_id": "470374", "title": "", "text": "Don't have the interview be the first time you wear the suit for an extended period. Days before the interview pick a fancy place to go out, and wear your suit. Then it will stop looking brand new (which you don't want) and you will become comfortable in it, and not present as a guy awkwardly wearing a suit for the first time."}
{"_id": "470388", "title": "", "text": "The rent versus buy question is a deeply personal one in which your personal desires for a living space need to be carefully combined with what makes economic sense.  Do you want your own place with all the joys of having it be yours and all the pains of having to handle all the maintenance and be the one ultimately responsible?  Have you tried living for a few months putting aside the amount required for not only a mortgage payment but the taxes and insurance on a house/condo in your price range to see if you can really afford it?  You can use a real estate website such as trulia to see the assessments of some for sale homes and figure out tax values.  The average home insurance in the US is around $900/year if I remember right - more for homes that are more expensive and less for less expensive ones, with flooding and other hazards as a factor.  Make sure you can afford to pay for all these items. From a financial perspective realize that you'll always be spending money on your living space.  Even if you pay for a house with cash you will be paying property tax and maintenance and would be wise to continue paying for insurance.  The value of the house at that point is, as contributor fennec often says, the rent you aren't paying. I personally don't recommend trying to time the market.  You can't predict the future - will real estate in your area be a double dip or has it bottomed and is it going up?  What you can do is buy a home only when you are sure that you can deal with its relative lack of liquidity by staying there for a long time.  Five years is usually a reasonable minimum.   There is a way that I recommend figuring out if it is likely bad financial decision to buy, and that's by looking at a financial comparison of renting versus buying.  In some cases even with the bursting of the bubble it is still a bad deal to buy.  DC went from renting being more cost effective to buying, but San Francisco is one area where buying is still not necessarily the best choice.  To figure out what the case is for your area, look at the New York Times rent versus buy calculator.  Find a home for rent on craigslist similar to what you'd look to buy.  Find a home for sale on one of the MLS aggregator sites that represents something you think you'd like.  Plug in the numbers.  Figure out how many years you'd have to stay in your purchase for it to be a good deal. In the likely event that the calculator says buy, start saving if that's what you really want.  You're never going to be able to absolutely guarantee that you won't be upside down.  What you can control is getting as much principal in that house as you can.  The more you have, the less likely you will be upside down.  Build a down payment now, reap the rewards later."}
{"_id": "470403", "title": "", "text": "That has nothing to do with what I said. Undoubtedly the USPS does many things that make them money. They also seem to do things that don't make them money, as evidenced by them cutting those non-money-making things to balance their budget.  And due to congressional interference, the USPS often does irrational things, unfortunately."}
{"_id": "470435", "title": "", "text": "You are correct, our founding fathers were not stupid enough to 'claim how great the president is based off square miles under control of a party'...what kind of stupid fucking statement is that you just made? It's called a system of checks and balances dumbass. And it's not empty land...it's land worked by farmers and blue collar workers... yeah, that's right, work... something you know nothing about. Crawl back in your hole."}
{"_id": "470471", "title": "", "text": "So, explain why the FDA now allows distinctions between sugar naturally occurring in a food (like in vegetables and such) and added sugar? That's very much not to the benefit of the sugar industry, yet it is a thing. Were your premise accurate this wouldn't be happening."}
{"_id": "470475", "title": "", "text": "Hedge means protecting downside, and that generally comes at a cost that translates into less upside. Amount of downside you are protecting is directly co-related to the quality of your hedge. For your example to work, the market should invert while you are still solvent; remember Markets can remain irrational longer than you can remain solvent And yes, there is nothing guaranteed in life - except tax and death of-course!"}
{"_id": "470479", "title": "", "text": "&gt;I gather it's been up until now cost prohibitive to build upward  No. It's been illegal.  &gt;cities have a vested interest in maintaining their skyline.  What goals would they be furthering by locking their skyline in the 1990s?  &gt;They'll probably need to adapt, but the idea that zoning is capricious is false.  Correct, it's very deliberate. Just ignorant."}
{"_id": "470513", "title": "", "text": "It's difficult to provide an exact answer as this will very much depend on the bank & the local regulatory scheme.  However as a business owner you should be able to provide incorporation docs, some proof of ownership of the company and last years' financial statements or tax returns, many banks would accept this as a proof of income for the purposes of granting credit. In general in most jurisdictions I can think of, a high downpayment will not remove the need to verify income as the bank needs to feel comfortable that you have the ability to pay the remaining 25% (e.g. how do they know you're not a serially unemployed lottery winner) and if the downpayment is quite large they may want some assurance that you got the money legally (e.g. how do they make sure you're not a drug dealer). So probably regardless of how large a downpayment most banks would probably want some additional proofs of income however what proofs are needed may be more flexible than just a salary stub. I suggest taking a look at what sort of documents you may have on hand that can serve to validate your revenue in some way and contacting a few banks directly to see what options they can provide and whether some custom-tailored arrangement can be made."}
{"_id": "470515", "title": "", "text": "Saw this coming. I supported Toys R Us in my job a couple of years ago and when it came to standing up a datacenter environment those guys were clueless and led by some of the most incompetent upper management I have ever experienced.   I had to spend 2 lunch meetings explaining why they would need DR sites."}
{"_id": "470536", "title": "", "text": "\"I use Old Spice body wash because of their commercials. It is the one time I did it. I watched their first couple commercials and said, \"\"That was awesome. I'm going to go out and buy their product because of these commercials.\"\"  That's the only time, ever. And I'm glad I did, because it inspired them to make more. The Terry Crews ones are the best!\""}
{"_id": "470549", "title": "", "text": "&gt;  The vast majority of companies in the US are small businesses  This is a fairly useless measure.  Example:  Imagine if there was one company that hired 1 billion people.  And 99 companies that hired 1 person each.  You can now say that 99% of companies are small businesses.  Which is true, but 99.9999999% of people don't work for a small business, they work for a large business.  The small businesses are inconsequential."}
{"_id": "470556", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.wsj.com/articles/the-global-stock-markets-hidden-juice-1506249970) reduced by 71%. (I'm a bot) ***** &gt; Investors should be worried then that stocks are being supported by record amounts of margin debt, according to research released last week from the Bank for International Settlements, the Switzerland-based central bank for central banks.  &gt; In the U.S. at least, lending as a share of market capitalization has been relatively steady for the past four years, most recently at 2.12%. But that level is much higher than the period before 2007 and above even the dotcom-era peak of 2.05%. Swiss private banks, which have among the biggest and most international margin lending operations, have grown this business significantly.  &gt; Lending against shares is seen as less risky than mortgages because stocks can be sold more quickly than a house, so banks can hold less capital against margin loans.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72rzat/the_global_stock_markets_hidden_juice_wsj/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~217432 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bank**^#1 **lending**^#2 **margin**^#3 **stock**^#4 **investor**^#5\""}
{"_id": "470562", "title": "", "text": "The working principle of the water conditioner is based on a theory. Which states that an electromagnetic or electric field causes little precious stones of calcium carbonate in the water to consolidate to frame bigger gems.  If you have hard water, an Electronic water conditioner is a solution to dry skin and limescale buildup in pipes and appliances. Here\u2019s how just one system can technically improve your water."}
{"_id": "470568", "title": "", "text": "Are you sure about this? I mean your premise. I thought tax was based on shipping address. I've made purchases, live, in NY, and had the choice to pay sales tax or to have the item shipped, in effect paying shipping, for real, instead of sales tax.  It appears that by buying a loaded cash card you'd accomplish your goal. I've seen such cards go fo $1.50, no fees other than that. To save the sales tax, or pay the tax of the state you're in, it may be worth it. But a NH billing address don't solve this, again, I believe tax is based on ship-to."}
{"_id": "470587", "title": "", "text": "\"The optimal down payment is 100%. The only way you would do anything else when you have the cash to buy it outright is to invest the remaining money to get a better return.  When you compare investments, you need to take risk into account as well.  When you make loan payments, you are getting a risk free return.  You can't find a risk-free investment that pays as much as your car loan will be.  If you think you can \"\"game the system\"\" by taking a 0% loan, then you will end up paying more for the car, since the financing is baked into the sales [price in those cases (there is no such thing as free money).  If you pay cash, you have much more bargaining power.   Buy the car outright (negotiating as hard as you can), start saving what you would have been making as a car payment as an emergency fund, and you'll be ahead of the game. For the inflation hedge - you need to find investments that act as an inflation hedge - taking a loan does not \"\"hedge\"\" against inflation since you'll still be paying interest regardless of the inflation rate.  The fact that you'll be paying slightly less interest (in \"\"real\"\" terms) does not make it a hedge. To answer the actual question, if your \"\"reinvestment rate\"\" (the return you can get from investing the \"\"borrowed\"\" cash) is less than the interest rate, then the more you put down, the greater your present value (PV). If your reinvestment rate is less than the interest rate, then the less you put down the better (not including risk).  When you incorporate risk, though, the additional return is probably not worth the risk. So there is no \"\"optimal\"\" down payment in between those mathematically - it will depend on how much liquid cash you need (knowing that every dollar that you borrow is costing you interest).\""}
{"_id": "470596", "title": "", "text": "I've found a much better time at the independent toy stores.   My daughter is into some unique things at her age.   Graphic novels and weird dolls.   At 11 toysrus doesn't cut it.  It's a shame though, babies r us was a great place for our baby needs when we had kids.  In the end it is sad to see a toy store chain go down.   Kids need the stuff that toy stores have to offer.   Kids are too engrossed in digital media.    They need the 3d world that toys give them, and it's really tragic to see where kids are going."}
{"_id": "470635", "title": "", "text": "\"Your logic breaks down because you assume that you are the only market participant on your side of the book and that the participant on the other side of the book has entered a market order. Here's what mostly happens: Large banks and brokerages trading with their own money (we call it proprietary or \"\"prop\"\" trading) will have a number of limit (and other, more exotic) orders sitting on both sides of the trading book waiting to buy or sell at a price that they feel is advantageous. Some of these orders will have sat on the book for many months if not years. These alone are likely to prevent your limit orders executing as they are older so will be hit first even if they aren't at a better price.  On more liquid stocks there will also be a number of participants entering market orders on both sides of the book whose orders are matched up before limit orders are matched with any market orders. This means that pairing of market orders, at a better price, will prevent your limit order executing. In many markets high frequency traders looking for arbitrage opportunities (for example) will enter a few thousand orders a minute, some of these will be limit orders just off touch, others will be market orders to be immediately executed. The likelihood that your limit order, being as it is posited way off touch, is hit with all those traders about is minimal. On less liquid stocks there are market makers (large institutional traders) who effectively set the bid and offer prices by being willing to provide liquidity and fill the market orders at a temporary loss to themselves and will, in most cases, have limit orders set to provide this liquidity that will be close to touch. They are paid to do this by the exchange and inter-dealer brokers through their fees structure. They will fill the market orders that would hit your limit if they think that it would provide more liquidity in such a way that it fulfils their obligations. Only if there are no other participants looking to trade on the instrument at a better price than your limit (which, of course they can see unless you enter it into a dark pool) AND there is a market order on the opposite side of the book will your limit order be instantaneously be hit, executed, and move the market price.\""}
{"_id": "470648", "title": "", "text": "You understand it perfectly right. The thing with PMI is that when your home price rises (or your loan balance goes down) so that your loan balance is below the 80% of the current house price, the PMI goes away. The higher rate - does not. So, no-PMI option is much better. To the bank, as you suspected. Your calculations are correct. With the PMI you'll pay less interest, and more balance. As to the tax deductions, interest can be deducted, but the PMI - no (starting of 2012, to the best of my understanding, at least). See details here, consult a tax professional for more current information."}
{"_id": "470681", "title": "", "text": "how much did you make? how much do you make now?  i think as long as people make about a certain amount (say $100k in Los ANgeles, NYC, San Francisco or London) then life is ok.  About that amount money is just useless."}
{"_id": "470687", "title": "", "text": "There are at least a couple of ways you could view this to my mind: Make an Excel spreadsheet and use the IRR function to compute the rate of return you are having based on money being added. Re-invested distributions in a mutual fund aren't really an additional investment as the Net Asset Value of the fund will drop by the amount of the distribution aside from market fluctuation. This is presuming you want a raw percentage that could be tricky to compare to other funds without doing more than a bit of work in a way. Look at what is the fund's returns compared to both the category and the index it is tracking. The tracking error is likely worth noting as some index funds could lag the index by a sizable margin and thus may not be that great. At the same time there may exist cases where an index fund isn't quite measuring up that well. The Small-Growth Indexing Anomaly would be the William Bernstein article from 2001 that has some facts and figures for this that may be useful."}
{"_id": "470692", "title": "", "text": "Edit: I a in the United States, seek advice from someone who is also in Australia.  I am getting about 5.5% per year by investing in a fund (ticker:PGF) that, in turn, buys preferred stock in banks. Preferred stock acts a bit like a bond and a bit like a stock.  The price is very stable. However, a bank account is FDIC insured (in the USA) and an investment is not. I use the Reinvestment program at Scottrade so that the monthly dividends are automatically reinvested with no commission. However I do not know if this is available outside of the United States.  Investing yealds greater returns but exposes you to greater risk. You have to know your risk tolerance."}
{"_id": "470708", "title": "", "text": "I do not believe that this was a case of insider trading. As an example, one of the executives sold only 4% of his total. Now consider that between the 3 of them, the amount sold was only $1.8M. These amounts are minuscule and are in no way indicative of any misconduct. My opinion."}
{"_id": "470716", "title": "", "text": "If the savings rate is the same as the loan rate, mathematically it doesn't make any difference whether you pay down the loan more and save less or vice versa. However, if the loan rate is higher than the savings rate it's better to pay it down as fast as possible. The chart below compares paying down the loan and saving equally (the gradual scenario), versus paying down the loan quickly at 2 x $193 and then saving 2 x $193.  The savings rate, for illustration, is 2%. Paying quickly pays down the loan completely by month 51.  On the other hand, in the gradual scheme the loan can't be paid down (with the savings) until month 54, which then leaves 3 months less for saving.  In conclusion, it's better to pay down the higher rate loan first.  Practically speaking, it may be useful to have some savings available."}
{"_id": "470725", "title": "", "text": "\"Let me start with a somewhat sarcastic statement: There are probably as many things done to analyze a stock as there are people doing the analysis! That said, at a general level an analyst researches the historical performance of the company at a fairly detailed level (operations within divisions of the company, product development cycles within divisions, expenses vs income trends for each division and product, marketing costs, customer acquisition costs, etc); gathers information about what the company is doing now AND planning to do in the future -- often by a discussion with principles at the company; establishes a view on related macro-economic trends, sector and industry trends, demographic trends, etc.; and combines it all to forecast a change in revenues, margins, free cash flow, dividends, etc. over a period of time.   They then apply statistics that relate those numbers to stock price in order to imply stock prices and price ranges over those same periods.  Finally, depending on how those stock prices compare to the current stock price, they'll classify the stock as Buy, Sell, Hold, etc. This sounds like alot of work.   And it generally is if you get detailed about it, which is what professionals or significant money managers are doing.   However, there are also lots of arm-chair analysts posting their output on any number of financial sites (Seeking Alpha, Motley Fool, etc.) if you'd like to really explore the range of detail some people consider as a \"\"stock analysis\"\".  That sounds more negative than I intended it to be, so let me clarify that I think some of these write-ups are really quite good IMO.\""}
{"_id": "470739", "title": "", "text": "I vote for Plan B: PLAN B: Put into 401 K whatever I have   in April (will be less than max) and   just pay the extra tax. This is path   of least resistance and easy but   expensive. This plan is the simplest and has the least moving parts.   It will be over in April, is easily understood, and does not add extra risk to your life. That being said, the real plan is for next year: save for taxes along the way instead of getting hit with a big bang."}
{"_id": "470750", "title": "", "text": "Yeah but now imagine you're a third worlder and earn the average national salary. Suddenly such private clinics are not as easily available anymore.  It's a decent option for westerners to go to let's say Eastern Europe to get lasik surgery. There it's pocket money compared to what the'd charge in Germany.  But the people in Eastern Europe don't have that option.  ninja edit: Not saying Eastern Europe is third world. It's a separate example."}
{"_id": "470758", "title": "", "text": "\"One approach is to invest in \"\"allocation\"\" mutual funds that use various methods to vary their asset allocation. Some examples (these are not recommendations; just to show you what I am talking about): A good way to identify a useful allocation fund is to look at the \"\"R-squared\"\" (correlation) with indexes on Morningstar. If the allocation fund has a 90-plus R-squared with any index, it probably isn't doing a lot. If it's relatively uncorrelated, then the manager is not index-hugging, but is making decisions to give you different risks from the index. If you put 10% of your portfolio in a fund that varies allocation to stocks from 25% to 75%, then your allocation to stocks created by that 10% would be between 2.5% to 7.5% depending on the views of the fund manager. You can use that type of calculation to invest enough in allocation funds to allow your overall allocation to vary within a desired range, and then you could put the rest of your money in index funds or whatever you normally use. You can think of this as diversifying across investment discipline in addition to across asset class. Another approach is to simply rely on your already balanced portfolio and enjoy any downturns in stocks as an opportunity to rebalance and buy some stocks at a lower price. Then enjoy any run-up as an opportunity to rebalance and sell some stocks at a high price.  The difficulty of course is going through with the rebalance. This is one advantage of all-in-one funds (target date, \"\"lifecycle,\"\" balanced, they have many names), they will always go through with the rebalance for you - and you can't \"\"see\"\" each bucket in order to get stressed about it. i.e. it's important to think of your portfolio as a whole, not look at the loss in the stocks portion. An all-in-one fund keeps you from seeing the stocks-by-themselves loss number, which is a good way to trick yourself into behaving sensibly. If you want to rebalance \"\"more aggressively\"\" then look at value averaging (search for \"\"value averaging\"\" on this site for example). A questionable approach is flat-out market-timing, where you try to get out and back in at the right times; a variation on this would be to buy put options at certain times; the problem is that it's just too hard. I think it makes more sense to buy an allocation fund that does this for you. If you do market time, you want to go in and out gradually, and value averaging is one way to do that.\""}
{"_id": "470759", "title": "", "text": "A lot of people probably don't agree with him, but Warren Buffett has some great quotes on why he doesn't invest in gold: I will say this about gold. If you took all the gold in the world, it   would roughly make a cube 67 feet on a side\u2026Now for that same cube of   gold, it would be worth at today\u2019s market prices about $7 trillion   dollars \u2013 that\u2019s probably about a third of the value of all the stocks   in the United States\u2026For $7 trillion dollars\u2026you could have all the   farmland in the United States, you could have about seven Exxon   Mobils, and you could have a trillion dollars of walking-around   money\u2026And if you offered me the choice of looking at some 67 foot cube   of gold and looking at it all day, and you know me touching it and   fondling it occasionally\u2026Call me crazy, but I\u2019ll take the farmland and   the Exxon Mobils. And his classic quote: [Gold] gets dug out of the ground in Africa, or someplace. Then we   melt it down, dig another hole, bury it again and pay people to stand   around guarding it. It has no utility. Anyone watching from Mars would   be scratching their head."}
{"_id": "470761", "title": "", "text": "Here are some really excellent video tutorials on these topics: Introduction to Compound Interest Introduction to Present Value"}
{"_id": "470779", "title": "", "text": "&gt;When something is unable to adapt, it dies.  You're probably right, but if the music industry is any indication of what happens when an entertainment industry is faced with obsolescence, they won't go down without one hell of a nasty fight."}
{"_id": "470782", "title": "", "text": "\"If all the property is going up and down at the same rate, it's probably a bit of a wash. However, there are markets (e.g. the Front Range of Colorado, where I live), where property at different price levels and locations has performed very differently. For a place to live, I think it's most useful to look at housing as a consumption decision, like buying a car, rather than an investment decision, like buying art (since it is similarly illiquid). Consider what you need and want (features, location), how important the \"\"own vs rent\"\" tradeoffs are to you (including the risk of losing your equity), and what you can comfortably afford. Then don't worry so much about price trends. This, it seems to me, is the lesson of the recent housing bust.\""}
{"_id": "470809", "title": "", "text": ":) Probably because I was born in a socialist country and did not know I was libertarian till very recently. Been thinking of myself as a fiscally conservative Democrat or independent and sometimes, even socially liberal Republican. Have been using the libertarian term only recently, when someone defined it for me."}
{"_id": "470826", "title": "", "text": "The company match is not earnings. My company deposits 5% of my income into my 401(k) and it appears nowhere except on the paperwork for the 401(k).  To be clear, it doesn't appear on any paystub or W2."}
{"_id": "470830", "title": "", "text": "Out of curiosity, where do you get your news? Had I been asked to explain the two crises, I have no doubt that I would fail horrifically. You seem to explain everything quite concisely. I assume part of it is innate intelligence, but it can't hurt to have a good news source either."}
{"_id": "470848", "title": "", "text": "&gt;I guess I know what I need to do  I already did and I have no idea why other people don't. Why sit around and complain about it when you can simply elevate yourself?  &gt;your fantasy about providing your services to rich people  What qualifications do you have that make you think you would be hired by anyone for this type of situation?"}
{"_id": "470861", "title": "", "text": "You shouldn't be picking stocks in the first place. From New York Magazine, tweeted by Ezra Klein: New evidence for that reality comes from Goldman Sachs, via Bloomberg News. The investment bank analyzed the holdings of 854 funds with $2.1 trillion in equity positions. It found, first of all, that all those \u201csophisticated investors\u201d would have been better off stashing their money in basic, hands-off index funds or mutual funds last year \u2014 both of them had higher average returns than hedge funds did. The average hedge fund returned 3 percent last year, versus 14 percent for the Standard & Poor\u2019s 500.  Mutual funds do worse than index funds. Tangentially-related to the question of whether Wall Street types deserve their compensation packages is the yearly phenomenon in which actively managed mutual funds underperform the market. Between 2004 and 2008, 66.21% of domestic funds did worse than the S&P Composite 1500. In 2008, 64.23% underperformed. In other words, if you had a fund manager and his employees bringing their skill and knowledge to bear on your portfolio, you probably lost money as compared to the market as a whole. That's not to say you lost money in all cases. Just in most. The math is really simple on this one. Stock picking is fun, but undiversified and brings you competing with Wall Streeters with math Ph.Ds. and twenty-thousand-dollars-a-year Bloomberg terminals. What do you know about Apple's new iPhone that they don't? You should compare your emotional reaction to losing 40% in two days to your reaction to gaining 40% in two days...  then compare both of those to losing 6% and gaining 6%, respectively. Picking stocks is not financially wise. Period."}
{"_id": "470872", "title": "", "text": "Each year lightning strikes cause billions of dollars in property damage and complete devastation. The harm to structures, electronics, building systems and vehicles can be extensive, causing loss of product and major downtime. To safeguard your structure from any type of Lightning damage, it is essential to get a risk assessment done by lightning consultants. Feel free to visit us at: http://www.lightningprotection.com/"}
{"_id": "470879", "title": "", "text": "So how is it that American citizens working overseas get taxed, but American companies holding profits overseas don't? Or foreign companies making profits within the US for that matter. I don't really think we should be protectionist, but I do think corporations should be paying a fair share of taxes needed to support infrastructure, social and legal framework."}
{"_id": "470892", "title": "", "text": "Liberals would rather have a guaranteed income, for obvious reasons. I mean come on, they're **liberals**. Then again even libertarians would love the idea if they realized they could just smoke weed all day on someone else's dime."}
{"_id": "470897", "title": "", "text": "Some people in the corporation set up a system that some other employees gamed, right? That's not exactly a middle finger to the country, that's an incentive system gone horrible wrong for the bank themselves. And for any consumers who were hit with fees from this, but from the class action settlement email I just got it looks like impacted consumers will be getting their money back and more.   That seems to be the gist of this scandal. It's a worrisome comment on WFC internal controls, but if you are worried about internal controls then the bank that just had a scandal is likely to have over-corrected for this issue relative to other options."}
{"_id": "470898", "title": "", "text": "To clarify that legality of this (for those that question it), this is directly from IRS Publication 926 (2014) (for household employees): If you prefer to pay your employee's social security and Medicare taxes from your own funds, do not withhold them from your employee's wages. The social security and Medicare taxes you pay to cover your employee's share must be included in the employee's wages for income tax purposes. However, they are not counted as social security and Medicare wages or as federal unemployment (FUTA) wages. I am sorry this does not answer your question entirely, but it does verify that you can do this. UPDATE:  I have finally found a direct answer to your question!  I found it here: http://www.irs.gov/instructions/i1040sh/ar01.html Form W-2 and Form W-3 If you file one or more Forms W-2, you must also file Form W-3. You must report both cash and noncash wages in box 1, as well as tips and other compensation. The completed Forms W-2 and W-3 in the example (in these instructions) show how the entries are made. For detailed information on preparing these forms, see the General Instructions for Forms W-2 and W-3. Employee's portion of taxes paid by employer.    If you paid all of your employee's share of social security and Medicare taxes, without deducting the amounts from the employee's pay, the employee's wages are increased by the amount of that tax for income tax withholding purposes. Follow steps 1 through 3 below. (See the example in these instructions.) Enter the amounts you paid on your employee's behalf in boxes 4 and 6 (do not include your share of these taxes). Add the amounts in boxes 3, 4, and 6. (However, if box 5 is greater than box 3, then add the amounts in boxes 4, 5, and 6.) Enter the total in box 1."}
{"_id": "470918", "title": "", "text": "I'd like to start my own RIA firm. Which licenses do I need to start to get AUM under my belt and charge a 1% fee? Right now I am studying for my Series 7 and after that will be my Series 66. Is this the best path for accomplishing what I want to do?"}
{"_id": "470928", "title": "", "text": "\"There is no \"\"standard\"\" way for personal accounting.  However, GNUCash default accounts set includes \"\"Expense: Adjustment\"\".  It is usually used by the community for reconciliation of unknown small money lost.\""}
{"_id": "470962", "title": "", "text": "I thought they did that a long time ago - are they just refreshing the rule or something?  Meanwhile, the way the law is written, seems like an advertiser could pick a program that has some overly loud parts at the beginning and middle, thereby having a louder average volume overall, so the commercial can be louder."}
{"_id": "470966", "title": "", "text": "Inflation is being hidden in false government figures. They report inflation as 2% to 3%, but when look at my records for the last 5 years I see most of the things I am paying for are around 23% higher. It may even be higher as some things are hard to figure in. For example, many food items are being sold in smaller quantities for the same prices they sold for in larger packages. When was the last time you saw a 3 pound can of coffee in your local market, or a half gallon of ice cream?  Things like cable have gone up 50%. All my insurance policies are about 50% higher too. Meanwhile people's wages have gone up the 3% the government insists matching inflation."}
{"_id": "470968", "title": "", "text": "\"&gt;Most small business lawsuits are a result of either gross negligence on the business owners part (which would be justified) or terrible or misleading service (again justified). If you're going to do honest business, take responsibility for the work done, and do your due diligence to manage what goes on in your four walls, you'll be fine.   Either that or they are over very \"\"silly\"\" things that general liability insurance will handle -- stuff like slips/falls in front of your retail storefront, etc.\""}
{"_id": "470973", "title": "", "text": "When it comes to Cold Spring Advisory, there are a number of red flags that people should read up on before working with this company. All information about this and how Louis Ottimo (its shadow president) was himself confronted is available online."}
{"_id": "470983", "title": "", "text": "\"The two are not incompatible. This is particularly true of Glaxo and Pfizer, two drug companies operating in roughly the same markets with similar products. Many \"\"good\"\" companies offer a combination of decent yields and growth. Glaxo and Pfizer are both among them. There is often (not always), a trade-off between high yield and high growth. All other things being equal, a company that pays out a larger percentage of its profits as dividends will exhibit lower growth. But a company may have a high yield because of a depressed price due to short term problems. When those problems are fixed, the company and stock grows again, giving you the best (or at least the better) of both worlds.\""}
{"_id": "470984", "title": "", "text": "Seems pretty nice. My only real complaint with my current MacBook Pro is its heft. I opted for the solid state drive, and it has a thing or two that i'll never need (the CD drive) but, unfortunately, I've got to get my money's worth out of this one before I even consider an upgrade. I've also already got the developer preview of Yosemite and while I genuinely dislike the new iOS 7 look that they're trying to push on to all of their devices, the hardware itself is still top notch. With just a handful of tweaks (like restoring the icons from OS X 10.9) its regained a portion of the professionalism that I've come to expect. OS X is still an incredible OS; I just hope they keep it that way."}
{"_id": "470993", "title": "", "text": "Sarasota Real Estate Lawyer of the firm have litigated real estate, construction and commercial disputes and transacted real estate When you need legal counsel, you deserve experienced attorneys who provide personal attention. The transactional department provides a full range of real estate legal and settlement services throughout Florida, including residential and commercial purchase and sale transactions."}
{"_id": "470997", "title": "", "text": "The success of a free market economy requires constant growth in production of goods and services.   Doesn't this contradict the entire point of economics in that there are scarce resources to distribute?   How can you have never ending growth in production when there are limited physical resources?   Population growth is one of the major factors sustaining this continued growth but the planet can only sustain a certain amount of people, what happens when we hit that? We're already overpopulated and this only ends one way - famine and wars over resources where huge numbers of the population will die.   Maybe this is just our nature, maybe this IS nature;  destruction and then rebirth.   Does anyone think it's possible to develop a different type of free market economy that doesn't rely on constant growth in production ?"}
{"_id": "471019", "title": "", "text": "Since this post was migrated from Parenting, my reply was in the context where it appeared to be misrepresenting facts to make a point. I've edited it to be more concise to my main point. In my opinion, the best way to save for your childs future is to get rid of as much of your own debt as possible. Starting today. For the average American, a car is 6-10%. Most people have at least a couple credit cards, ranging from 10-25% (no crap). College loans can be all over the map (5-15%) as can be signature (8-15%) or secured bank loans (4-8%). Try to stop living within your credit and live within your means. Yeah it will suck to not go to movies or shop for cute things at Kohl's, but only today.  First, incur no more debt. Then, the easiest way I found to pay things off is to use your tax returns and reduce your cable service (both potentially $Ks per year) to pay off a big debt like a car or student loan. You just gave yourself an immediate raise of whatever your payment is. If you think long term (we're talking about long-term savings for a childs college) there are things you can do to pay off debt and save money without having to take up a 2nd job... but you have to think in terms of years, not months. Is this kind of thing pie in the sky? Yes and no, but it takes a plan and diligence. For example, we have no TV service (internet only service redirected an additional $100/mo to the wifes lone credit card) and we used '12 taxes to pay off the last 4k on the car. We did the same thing on our van last year. It takes willpower to not cheat, but that's only really necessary for the first year-ish... well before that point you'll be used to the Atkins Diet on your wallet and will have no desire to cheat. It doesn't really hurt your quality of life (do you really NEED 5 HBO channels?) and it sets everyone up for success down the line. The moral of the story is that by paying down your debt today, you're taking steps to reduce long haul expenditures. A stable household economy is a tremendous foundation for raising children and can set you up to be more able to deal with the costs of higher ed."}
{"_id": "471056", "title": "", "text": "$220M which clears all your tax liability, nets you a couple hundred mil, and all just for punching a mouthy white guy in the face in front of the whole world? And you're pretty much guaranteed to win?   SIGN ME UP, FAM!"}
{"_id": "471061", "title": "", "text": "You're not too far off in your first example there. Though we've got separate departments for several of the things you've mentioned, which makes sense in the specialized industry that we are in, and makes me even more suspicious of our bloated HR group."}
{"_id": "471081", "title": "", "text": "Thats easy.  People don't confess against gangs because its a completely different game. Instead of two prisoners you have one prisoner and an organization that can go after the prisoners family.  Oligopolistic competition differs from the prisoners delimma because a lack of communication or the presence of some form of uncertainty as to the other players motives is a necessary precondition. Its notable as well that cartel behavior almost always fails in the long run, due to the first movers advantage in breaking the agreement and stealing the competitors business."}
{"_id": "471089", "title": "", "text": "I agree, but we should be careful about how we put a value to the digital sales channel. It doesn't logically follow that 100% of online sales are additional revenue that Domino's wouldn't have seen otherwise. Those same customers could have ordered by phone if the online option weren't available (although I'll bet the fraction of people who would do that is small).  Basically, it's dangerous to value mutually exclusive sales channels by the revenue they generate, because not all of that revenue would be lost if the sales channel was axed."}
{"_id": "471111", "title": "", "text": "\"&gt;Really? I kinda thought it had something to do with losing 2.6 million jobs in 2008. Now that's a lot of revenue gone! Oh also the bush tax cuts  All the more reason to keep increase spending by 5-10% a year, right? How about we create an envionment that yields more jobs rather than increasing the taxes of those left? Because that worked so well for social security originally supported by 5-10 employees per 1 receiving benefits, now it's only supported by 2 employees per 1 receiving benefits-- ultra sustainable!  &gt;So almost 10% of our deficit? I'd say that's a good start.   10% of our deficit, so 1/4th the amount of DEBT INTEREST we'll pay this year? A drop in the bucket either way. Spending is the real culprit.  &gt;I do agree we spend way too much on the pentagon, but pretty sure that went up a lot without our two unfunded republican wars.   And now we're in a half dozen active and secret conflicts; Afganistan, Pakistan, Syria, Libya, Eygpt. All the more reason for Obama to IMMEDIATELY remove us from those wars. But he hasn't he has expanded them. And our military costs keep going up. It's not about \"\"this isn't the right time to withdrawl\"\" it's about his corporate masters being the same as the Bush corporate masters telling him to continue. It's about oil/gas and the pipelines and projection of power that comes with it. Obama has continued and expanded the same policies as Bush, he cannot hide behind, \"\"Well Bush was worse\"\", he can't say that because it isnt true. Infact we're killing more peasants in other countries than ever before--- just with military industrial complex built drones.  &gt;There's also the unfunded Bush Medicare prescription drug plan.   Yep, that prevents the government from negotiating prices on prescriptions for a token  $10 Billion rebate, but which will yield $10 Trillion in revenues over the next 15 years. Sounds like a great ROI while the costs of drugs is skyhigh in the US.  So what did Obama do? He fed that industry another 30 million new customers without so much as any discount. The government purposely stays out of the negotiation of price. Why? Because the bill was written by insurance industry and healthcare industry executives like most bills are. Healthcare is nice, but its the COST of healthcare that is the issue. If the cost was more reasonable, you wouldnt even need insurance, but because they can charge $70 for a single pair of rubber gloves, when the market price on a BOX is $5-10 we can plainly see the cost of medical care in the US is bloated and we get much less than comparative countries.   Obama is just like Bush, he has enriched the various industries. The only difference between bush and Obama are which industries are enriched. You'll notice I didn't mention enrichment of citizens because they are an afterthought. Obama only needs to SELL the program to citizens, he sold it we bought it.  &gt;You can't seriously think putting those people back in charge will lead to good things.  No I don't think republicans or people like Bush or Romney are necessarily good for us either. The thing I have a problem with is that people like you think Obama is any different. He's not, new president, same as the old president. New speech writer, new cabinet (stuffed with corporate cronies and former lobbyists), but business as usual and marching orders from corporate and private masters.\""}
{"_id": "471123", "title": "", "text": "\"Market caps is just the share price, multiplied by the number of shares. It doesn't represent any value (if people decide to pay more or less for the shares, the market cap goes up or down). It does represent what people think the company is worth.  NAV sounds very much like book value. It basically says \"\"how much cash would we end up with if we sold everything the company owns, paid back all the debt, and closed down the business? \"\" Since closing down the business is rarely a good idea, this underestimates the value of the business enormously. Take a hairdresser who owns nothing but a pair of scissors, but has a huge number of repeat customers, charges $200 for a haircut, and makes tons of money every year. The business has a huge value, but NAV = price of one pair of used scissors.\""}
{"_id": "471128", "title": "", "text": "\"There are so many activities Uber has engaged in that are consistent with being a \"\"bag of dicks\"\" that have nothing to do with fighting for the right to operate in cities that I don't think that's a particularly relevant point.  I'd consider being on their side against the cities if they weren't fucking with the compensation for drivers, partnering with Banks to offer predatory vehicle leases to low-credit drivers and turn them essentially into an indentured workforce, or any of the other scummy things they've done over the years.  They're beyond a doubt a bag of dicks.\""}
{"_id": "471131", "title": "", "text": "Usually backtests for (long-term) strategies are evaluated on a end-of-day basis where you only consider close prices. If your strategy performs well in these backtests, hopes are that if you use a market-on-close (MOC) order your performance will not diverge too much from the backtest. The fact that it won't diverge much is important if you keep backtesting the strategy along with the real trading to see regime changes or similar.  If you used end-of-day prices for the backtests but some arbitrary intraday market order, you'd have some difficulties to explain deviations between the two. What it is:  MOC orders can be submitted during the day, but they won't be executed until shortly before the market (or more precise the current session) closes."}
{"_id": "471138", "title": "", "text": "An Indonesian company was in need of Letter of Credit to Import Iron Ore in bulk from an Indian Supplier after being rejected by their Bank. They contacted Bronze Wing Trading &amp; obtained their required LC (MT700) and successfully completed their Iron Ore imports."}
{"_id": "471147", "title": "", "text": "You can't have it both ways. Either in average blacks are stupider than whites or IQ is a poor measure of intelligence. There's no middle ground.  A standard deviation us enough to matter statistically. That's what a standard deviation means. If IQ measures intelligence, then blacks are statistically less intelligent than whites. Individual variation is accounted for within the model.  I don't believe blacks are stupider than whites, but that's because I believe that IQ is a shitty measure of intelligence and that it doesn't cross cultural barriers well.  You on the other hand think it's perfect so face up to your racism and own it."}
{"_id": "471158", "title": "", "text": "\"The ethnocentrism that drips off the piece can easily be defined as jingoism.  Is the \"\"all-American business model defined by offering products that people love at good prices, friendly staff... clean and bright stores?\"\"    These are obviously things the author places highly as positive ideals.  Without historical context, comparative information or any real examination it's clear that the positive correlation relies upon  an excessive bias in judging one's own country as superior to others.   http://en.wikipedia.org/wiki/Jingoism   I apologize for leaning upon the colloquial meaning.  If you were to visit the front page of the OP site you would see it's an easy mistake to make.\""}
{"_id": "471160", "title": "", "text": "\"This happened to my review, I had reviewed a new business, and created a yelp account for that reason.  I also reviewed maybe 10 other businesses in two days so I wasn't a one and done account.  My account was flagged, and my first review was put as filtered.  In retrospect, it makes sense.  They want to keep reviews up from consistent yelp users who review alot of businesses.  I think if yelp sees a new account, it flags the first business that person reviews, until its established that person is a regular yelp user.  I would guess this happens alot on yelp.  Someone says \"\"Review my business, but make sure you review a few others too, so you look like a real user\"\"  The algorithms they have try to catch people like I was.  People who create an account to review one company, and then do 10 reviews in a one week span, only to never log in.  These aren't really good reviews in the grand scheme of things.  For me, I kept using Yelp, and consistently reviewing more businesses.  My review was unflagged a few weeks ago, now that I have 40 or so reviews and add a few each week.\""}
{"_id": "471163", "title": "", "text": "Conversly, then you should not enjoy the benefits privided by being in a union then right?  That seems simple enough, but that's not how it works.   Unions by law have the duty of fair representaion, so even if you are not a member, you still are awarded all the benefits and protections of the contract.   So, it's not that simple, because how do you balance that if not for fair share?  The union still has to pay to protect you, but you don't have to pay for any of the work they do.  So then, if you can get all the benefits of being in the union and not pay a dime for it, why would you?  Seems logical right, it's a good deal, we all want to save money.   Well as everyone stops paying and the union can't afford to operate as it did, like any organization, it restructures and lays off staff.  Now the union no longer has the resources to offer you good representation, which causes the dues paying members to be frustrated and to drop out and or ditch the union entirely.  Now no one in your workplace has a voice, a contract, or any protections.   That may turn out to be great,  but you know, the company wants to save money too..   The company is also no longer obligated to offer you the same wages or benefits that your coworkers negotiated.  So now the company is free to cut wages, benefits and workforce to improve thier bottom line or executive bonuses."}
{"_id": "471166", "title": "", "text": "If her job is to build culture and she built it one of the best apparently then get job is done? They don't need to keep paying her unless she's an expert in maintaing culture. You don't keep paying your contractor after your house is built. Seems straight forward."}
{"_id": "471173", "title": "", "text": "Congrats on your first real job! Save as much as your can while keeping yourself (relatively) comfortable.  As to where to put your hard earned money, first establish why you want to save the money in the first place. Money is a mean to acquire the things we want or need in your life or the lives of others. Once your goals are set, then follow this order:"}
{"_id": "471175", "title": "", "text": "If your accounts have an overdraft facility, then every open account is classed as available credit which has a negative effect on your credit score.  It's not normally a major concern but it is a factor.   (nb. this definitely applies to the UK, maybe not where you are)"}
{"_id": "471189", "title": "", "text": "No, it's not illegal.  I think the point is that the largest company in the world with billions in profits doesn't pay its workers enough money.  All of us pay for that shortcoming in Wal-Mart corporate policy.  It's not a legal issue, no.  It's a *moral* issue.  Unfortunately, the only political movement that favors fixing this kind of thing and wants to strengthen the power of **unions** are those on the left.  The very people that would benefit greatly from a union are the people who wouldn't want to be caught dead agreeing with dirty lefty hippie Negro communist Muslims.  The left can't do it all by itself; everyone involved needs to come together.  Right-wing, anti-union forces (like FOX News; there are many, many others) work very hard and are very successful in killing the very idea of unionization.  So it's a non-starter."}
{"_id": "471200", "title": "", "text": "Ok. They take a lot of risk with a 29 years old CFO with little experience.  Maybe the idea is to save tons on money by paying much less for a kiddo that work non-stop (while some older experienced finance people are watching every step he does)?  Anyway, I work in the same company (electronics) for 20 years. Quite high in the corporate ladder (IT). The amount of damage done by clueless young Harvard garduates is astonishing. They are mostly just good with talking very convincingly.  I also figured out how manipulate them with their ill-conceived IT projects: I let them fail without giving any warning for how bad are their ideas.  Their life-span in my company is 2-3 years. Most got fired, and the company never learned the lesson."}
{"_id": "471204", "title": "", "text": "Both types of plans offer a tax benefit.  A traditional IRA allows you to invest pre-tax money into the account and it grows tax free. Once you withdraw the money it then gets taxed as though it were income based on the amount you withdraw for that calendar year. A Roth IRA has you invest post-tax money and also grows tax free. However, when you make withdraws in retirement that money is then tax free.  Neither plan is right for everybody. If you have a very high income now and plan on being in a smaller tax bracket later when you'll be making withdraws then the traditional IRA is better. If you will be in a higher bracket later, then the Roth IRA will serve you more. Depending on the way you manage your retirement investing you can likely invest in both if you are unsure as to which would be better. The same type of investments should be able to be nested within each type."}
{"_id": "471215", "title": "", "text": "This scares me. Investing legend Jeremy Grantham has talked in the past about election year cycles. We've had significant stimulus this year, we've got a lot of congressmen that would seem fine with the system crashing next year, and the fed is so near a liquidity trap that they've already collapsed the long end of the yield curve. A very dangerous situation."}
{"_id": "471234", "title": "", "text": "Our Website  http://www.tanklessdoneright.net/ Tankless water heater reviews serve as an important resource to compare and evaluate different types of tankless water heaters available on the market. Tankless water heater reviews appear in periodicals, newsletters and books. Like other product reviews, individuals as well as companies and manufacturers post tankless water heater reviews on the site Tankless Done Right. There are numerous Web sites devoted to providing excellent reviews on the available tankless water heaters."}
{"_id": "471241", "title": "", "text": "Well its an old training video (80's). Bar that it gets the message across. The main guy is Jacob from twilights' dad. My company has everyone watch it in training and we try to use it to one degree or another. I do like the messages it puts across though."}
{"_id": "471247", "title": "", "text": "The purpose is to go public but also to generate more wealth. The real money comes when market values you at a price more than your cash flow. If a company brings in $1000 of cash flow, then that is what the employees and owners have to distribute among themselves. But if they are likely to increase to $2000 next and $4000 next year and they go public then the stock will do well. In this case, the promoters and employees with options/RSUs will benefit as well. The increased visibility is also very useful. Look at Google or FB. They didn't need the IPO proceed when they went public. They had enough cash from their business but then they would only have $1-10 billion a year. But due to the IPO their investors and employees have a huge net worth.  Basically, with just a small % of shares in the public you can value the company at a high price valuing in the future cash flows (with a discount rate etc.). So instead of realizing the profit over the next 15 years, you get to enjoy it right away."}
{"_id": "471257", "title": "", "text": "Here's a description. The relevant discussion for tax year 2010 starts on page 22 of the 1040 instructions."}
{"_id": "471259", "title": "", "text": "\"Hahaha, that sounds good but in real life pensions are almost never fully funded and almost never fully funded when starting off. That is why the post office is almost always losing money. They're required by law to pre-pay some crazy number like 70% of pension and retiree obligations up front which sucks up all resources.  When a employee opens a pension plan their employer starts contributing a target amount dependent on the stated benefits and the actuarial projections. The market doesn't always go up and the actuaries are not always correct with lifespans either.  You take the risk of losing that pension if you work for a bad company, same as if you invest in an employee stock option plan. You can usually take a lump-sum payout, but who would do that when you can get \"\"guaranteed\"\" money.\""}
{"_id": "471277", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.brookings.edu/opinions/exclusionary-zoning-is-opportunity-hoarding-by-upper-middle-class/amp/) reduced by 89%. (I'm a bot) ***** &gt; Exclusionary zoning is bad for the economy: Enrico Moretti and Chang-Tai Hsieh estimate that the U.S. economy would be 10 percent bigger if three cities had the zoning regulations of the median American city.  &gt; &amp;quot;With exclusionary zoning in place, the purchase of a large quantity of housing is effectively bundled with the opportunity to live in a&amp;quot;good&amp;quot; neighborhood and to send one&amp;#039;s children to the best public schools.  &gt; Exclusionary zoning is a form of &amp;quot;Opportunity hoarding&amp;quot; by the upper middle class, a market distortion restricting access to a scarce good, that restricts opportunities to other children.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejczl/exclusionary_zoning_is_opportunity_hoarding_by/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133553 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **zoning**^#1 **schools**^#2 **Exclusionary**^#3 **City**^#4 **land**^#5\""}
{"_id": "471289", "title": "", "text": "Should go up, because people want to buy stock in company doing well.   A company could be complete shit.  But if Trump said, everyone buy this stock, it's going to save the seconded amendment and outlaw abortion.  That shit would go through the fucking roof."}
{"_id": "471304", "title": "", "text": "I don't think the DRM has anything to do with it. Amazon is cheap and convenient. Finding specific e-book torrents can be a hassle, and causes people a small amount of guilt for not supporting the authors. Not only does Amazon have an incredibly convenient store that's integrated with its hardware, but paying for content is guilt-free. DRM itself doesn't do shit to prevent piracy.   I don't read many books, so I neither buy nor torrent, but this is pretty much how Steam caused me to stop pirating games."}
{"_id": "471316", "title": "", "text": "There are so many things wrong with this it's absurd. But I will point out the three that stick out to me:  * Licensing used to be about making sure someone knew what they were doing instead of letting just anyone perform a job. Now it's used as gatekeeping, a barrier to entry, and/or a revenue stream. * If your business model can't stand on its own and needs someone to ban another business model your business model is outdated or bad. * Using a license as a commodity to support a retirement plan is just a terrible idea. I have no better words for this. Why would anyone think this is a good idea?  Seriously, I'm not even an opponent to regulation. I know that, in many cases, regulation is a good thing. Licensing to drive a 3500 pound death machine is a good thing. I like the idea of people having to learn how to drive and prove they know how to drive before they are given a license to drive. Licensing to drive a car as a taxi, however, is not. How hard is it to drive to a point on a map, pick someone up, drive them to another point on a map, and drop them off? The answer is: not very. In this case, the licensing involved is simply to keep the market from flooding and provide a pension plan to those fortunate enough to get in the game."}
{"_id": "471322", "title": "", "text": "You can use a tool like WikiInvest the advantage being it can pull data from most brokerages and you don't have to enter them manually. I do not know how well it handles dividends though."}
{"_id": "471327", "title": "", "text": "Seems like it's more dependent on who you want to be your supplier.  The times I've been involved in requesting this, each company had its own application form.  They usually need proof of business activity, which gets back to SpecKK's answer."}
{"_id": "471388", "title": "", "text": "**Here's a sneak peek of /r/CFA using the [top posts](https://np.reddit.com/r/CFA/top/?sort=top&amp;t=year) of the year!**  \\#1: [EXAM COMPLETION UPVOTE PARTY](https://np.reddit.com/r/CFA/comments/6f1beo/exam_completion_upvote_party/)   \\#2: [Hubby just got his email at 3:57pm EST that he passed level 2! He's over 40 and did it with a family of 4 to support and still run his business! Super proud!](https://np.reddit.com/r/CFA/comments/6piv2b/hubby_just_got_his_email_at_357pm_est_that_he/)   \\#3: [Level 3 passing upvote party!](https://np.reddit.com/r/CFA/comments/6sdmi5/level_3_passing_upvote_party/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "471390", "title": "", "text": "&gt;[**\u0422\u043e\u043f 3 \u0438\u0433\u0440\u044b, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u043f\u043b\u0430\u0442\u044f\u0442 + 20 $ \u0437\u0430 \u0440\u0435\u043f\u043e\u0441\u0442!!!! \u0412\u044b\u0432\u043e\u0434 \u0440\u0435\u0430\u043b\u044c\u043d\u044b\u0445 \u0434\u0435\u043d\u0435\u0433! \u041a\u0430\u043a \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439? [4:43]**](http://youtu.be/_0R4kh0KUW0)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e:  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^1 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "471392", "title": "", "text": "I understand that most businesses are scared of investing money on SEO as there are tons of ones freelance and Agencies that are not good with SEOs. But i have helped affiliates and Local businesses to gain ranking in Google for their desired keywords. In fact if you search for seo expert europe you will find my agency site number 3 on google. That sends me phone calls from potential buyers who are interested to hire me to do SEO for their business. Think of the possibility of harnesses the online traffic from google reaching your website. I am sure you all will agree with me that online marketing is the best way to attract potential buyers to your business, no matter where you are from"}
{"_id": "471393", "title": "", "text": "It has been sort of hit or miss.  I sift through the piles of science fiction ebooks on amazon.com.  At this point the suggestions list and the most popular lists and the people who bought this also bought this lists seem to be a pretty good source.  I will admit that it isn't all winners.  The Hal Spacejock novel I'm reading right now is just terrible (supposed to be funny SciFi but ends up just being really shitty).  At the price I pay it is alright to get a dud now and then though."}
{"_id": "471414", "title": "", "text": "529 Plans vs Coverdell ESA is a question where I provided a brief answer of the difference of these two accounts.  For your situation, I'd add that the 529 offers you a layer of protection, in that the account can remain your property with the children as beneficiaries. In other words, should your brother's fortunes change, or should the kids get full scholarships, you can change the beneficiary back to yourself, and withdraw the money (Tax and penalty, but the money is still yours.) Welcome to Money.SE. If you would like any clarification on my answer or others as they appear, just comment."}
{"_id": "471439", "title": "", "text": "Not really. A bank will honor a million dollar check if there are funds there to let it clear."}
{"_id": "471442", "title": "", "text": "\"&gt;I just have to get used to that thought  No we have to start demanding that we own what we buy, the whole idea that we pay full price for the ability to access content only is total crap.   Sadly the majority of people dont understand this fact and will continue to \"\"buy\"\" music and books and games, etc and legitimize this model.\""}
{"_id": "471463", "title": "", "text": "MicroGrid\u00ae precision expanded metal foils from Dexmet are the materials of choice for lightning strike protection in composite aircraft structures. MicroGrid\u2019s biggest advantage is Dexmet\u2019s ability to tightly control the manufacturing process to meet a specific weight, open area, and conductivity requirement. For more information email us at sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website www.dexmet.com."}
{"_id": "471472", "title": "", "text": "A 401(k) is just a container. Like real-world containers (those that are usually made out of metal), you can put (almost) anything you want in it. Signing up for your employer's match is a great thing to do. Getting into the habit of saving a significant portion of your take-home pay early in your career is even better; doing so will put you lightyears ahead of lots of people by the time you approach retirement age. Even if you love your job, that will give you options you otherwise wouldn't have. There is no real reason why you can't start out by putting your retirement money in a short-term money-market fund within that 401(k). By doing so you will only earn a pittance, probably not even enough to keep up with inflation in today's economic environment, but at this point in your (savings and investment) career, that doesn't really matter much. What really matters is getting into the habit of setting that money aside every single time you get paid and not thinking much of it. And that's a lot easier if you start out early, especially at a time when you likely have received a significant net pay increase (salaried job vs college student). I know, everyone says to get the best return you can. But if you are just starting out, and feel the need to be conservative, then don't be afraid to at least start out that way. You can always rebalance into investment classes that have the potential for higher return -- and correspondingly higher volatility -- in a few years. In the meantime, you will have built a pretty nice capital that you can move into the stock market eventually. The exact rate of return you get in the first decade matters a lot less than how much money you set aside regularly and that you keep contributing. See for example Your Investment Plan Means Nothing If You Don\u2019t Do This by Matt Becker (no affiliation), which illustrates how it takes 14 years for saving 5% at a consistent 10% return to beat saving 10% at a consistent 0% return. So look through what's being offered in terms of low-risk investments within that 401(k). Go ahead and pick a money-market fund or a bond fund if you want to start out easy. If it gets you into the habit of saving and sticking with it, then the overall return will beat the daylights out of the return you would get from a good stock market fund if you stop contributing after a year or two. Especially (but not only) if you do pick an interest-bearing investment, do make sure to pick one that has as low fees as you can possibly find for what you want, because otherwise the fees are going to eat a lot into your potential returns, benefiting the bank or investment house rather than yourself. Just keep an open mind, and very strongly consider shifting at least some of your investments into the stock market as you grow more comfortable over the next several years. You can always keep a portion of your money in various interest-bearing investments to act as a cushion in case the market slumps."}
{"_id": "471474", "title": "", "text": "Any system of social organization that sees enough generational poverty that people like yourself are advocating that others don't have the moral right to procreate is an abject failure. If you don't see that, then there's no point in discussion. You can look down your nose and lecture 'responsibility' to poor people all you want, but you're only revealing an abhorrent lack of ethics and compassion on your part and a dismal failure of our economic system as a whole."}
{"_id": "471490", "title": "", "text": "They aren't all rich on average. And oil and gas is actually now only about 25% of the economy in the UAE (incredibly!). There are good reasons why it felt that way, though: The UAE and a number of other oil-rich nations all realize that they need to diversify away from oil revenues. International investment and tourism are the main ways in which they hope to attract capital (free trade/full foreign ownership/no-tax zones, World Cup, etc.). Business and government are often one and the same or working closely together, and they are extremely savvy about cultivating your experience in their company, and want to make sure they are doing everything in their power to get you to like and spend money in their country. Essentially, you are visiting their version of Las Vegas. Additionally, they have taken on massive debt to create those kinds of cities and experiences. According to the World Bank and the CIA (see here), the per capita GDP of the UAE on a Purchasing Price Parity basis is about 18% higher than in the US. Since much of the oil wealth is controlled by the state, it is not certain how evenly that income is distributed (World Bank and CIA statistics do not provide R/P or Gini data for UAE, while it is provided for most nations)."}
{"_id": "471501", "title": "", "text": "\"The new information helps a little, but you're still stuck as far as doing exactly what you asked.  The question that you really should be asking is \"\"How do I deposit money into my BofA checking account from Italy?\"\"  If you can figure that out, then the whole part about your father's AmEx card really becomes irrelevant.  He might get that money from a cash advance on his AmEx card or he might get it from somewhere else. I think there's some small chance that if you call BofA and ask the right question, they may give you an answer that will let you make this deposit.  I tend to doubt it, but this would at least give you a chance. Other than that, you should probably look into some options based in Italy.  For example, get the cash from your father and open a bank account in Italy.  Maybe you can buy a pre-paid Visa card with the cash to use while you're there.  Maybe use traveler's checks for the rest of your trip.  Etc. What is available and what makes sense will still depend on a lot of details that we don't have (like how long you're staying and what type of entry visa you got when you entered Italy).\""}
{"_id": "471525", "title": "", "text": "In a warmongering country where the elite are rewarded, instead of punished, for destroying our economy and for sending our jobs overseas, my sole remaining way to show my patriotism is to try and promote the Americans who have had to resort to supporting themselves [with their crafts](http://welcomesite.com)."}
{"_id": "471545", "title": "", "text": "Uhhhh Huge miscommunication here. I think he was saying he went to community college or his college awarded him an associates. I have an associates degree from a community college and then I'm going to receive a bachelors from a university. I assumed that's what he was saying he did.  Otherwise, yeah, that's dumb."}
{"_id": "471549", "title": "", "text": "Just for another opinion, radio host Clark Howard would suggest killing the private student loans as quickly as possible.  The only reason is the industry around private student loans has fewer rules as to how they interact with you, and they have historically been very unpleasant if you have to deal with them in bad financial times. As a safety net, get rid of the private student loans as your main focus while you have the money and rates are low.  Not for financial reasons per se, but for peace of mind. The other advice in this question are great, but nobody mentioned the potential dark side of private student loans."}
{"_id": "471560", "title": "", "text": "&gt; entire crux of the story was that credit ratings agencies weren't transparent and the market was being rigged. If regulation is good then there's no reason CDOs are a problem.   Naivete! Thy name is a reddit thread about CDOs!"}
{"_id": "471569", "title": "", "text": "\"I was reading this and then looked for uppies/downies because I thought I'd written it...  I don't want to \"\"manage\"\" or be an executive. I just want to be respected for my work and really good at what I do (which I am). After that, I want to get paid for the work I do.   I'm a workaholic because I love what I do. I love tackling challenges and solving problems. My hobby *is* my job, so banging away at something on the weekend while my wife is in school is just fine with me.   And as an hourly consultant, I'm perfectly happy getting paid doing it. I also like the subtle pressure to actually produce things - it helps keep me focused. (I actually annotate what I've accomplished each day on my time sheet, which I think makes everyone happy)  I'm working about the same hours I worked on my last gig.   But I've just about doubled my pay.\""}
{"_id": "471592", "title": "", "text": "##CHAPS The Clearing House Automated Payment System or CHAPS is a British company established in London in February 1984, which offers same-day sterling fund transfers.  A CHAPS transfer is initiated by the sender to move money to the recipient's account (at another banking institution) where the funds need to be available (cleared) the same working day. Unlike with a bank giro credit, no pre-printed slip specifying the recipient's details is required. Unlike cheques, the funds transfer is performed in real-time removing the issue of float or the potential for payments to be purposely stopped by the sender, or returned due to insufficient funds, even after they appear to have arrived in the destination account.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"_id": "471602", "title": "", "text": "\"Agree 100 %.   Nothing drives me more batty than when I hear a health food nut complaining about GMO food or \"\"chemicals\"\". I ALWAYS challenge them on it.    RE GMO: \"\"Do you eat apples and bananas? Did you know farmers have been gene splicing apples and bananas since the 1800s? There has literally not been a single apple sold in stores since the early 1900s that is not spliced. All of those Apple\"\" varieties\"\" in the store are a result of splicing over the years, including your overpriced \"\"organic\"\" ones.   RE \"\"chemicals\"\" like ammonia: \"\"Ammonia is 100% natural. Your own body produces ammonia all the time, as do all other mammals. You can find ammonia residue on most fruits and vegetables in the grocery store that haven't yet been thoroughly washed (read: almost all, including organic)   Most all chemicals are found in nature. Water itself is a chemical and can kill you if ingested beyond normal guidelines. When consumed according to guidelines there is no difference between one chemical and another, like water. Show me the science behind your concern, don't try to frighten people with the word \"\"chemicals\"\" which is meaningless.\""}
{"_id": "471603", "title": "", "text": "If you want to use the original material then you will, essentially, need to negotiate for it.  You are in ugly, muddy territory.  Don't expect a simple, easy legal solution to exist; civil courts exist partly to help navigate these kinds of quagmires.  A negotiated solution would, on the other hand, clean everything up nicely.  Do you have your copyright ducks in a row?  If the contract does not stipulate otherwise, the creator will still maintain reproduction and moral copyright to the work; i.e., the creator will continue to own the copyrights to the work and you'll be unable to license or sell them to a third party."}
{"_id": "471606", "title": "", "text": "They are there, but they are insanely slow.   A truck driver does not have to wait for the 100+ cars in front of him to bo unloaded.  A truck driver does not have to wait for the rail line to be free.  A truck driver does not have to wait for a locomotive to deliver the one car of product.  For the same reasons people own cars, there will always be trucks. Rail lines simply can not reach eveywhere.  Sending something cross country via rail can sometimes take 2-3 weeks. By truck it can take only a few days."}
{"_id": "471611", "title": "", "text": "Beta is an indication of a Stock's risk with respect to the market.  For instance if a stock had a beta of 1 it means it is in tandem with the S&P 500. If it is more than 1, the stock is volatile.  If it is less than 1, it implies market movement doesn't affect this stock much. Tech stocks and small cap stocks have high beta, utilities have low beta. (In general, not always). Hope this helps - I've tried to explain it in very simple terms!"}
{"_id": "471630", "title": "", "text": "\"A quick Google search for FlagStar Bank shows that this is their standard practice. Quite a few people are complaining about the robo-calls they start receiving on the 5th of every month and FlagStar's response is usually something along the lines of \"\"we're required to do so\"\". First and foremost, confirm the terms of your mortgage. Based on your story and information provided so far, it sounds like you're legally in the clear to pay as you have been.  It appears that they have an internal policy of firing off robo-caller on the 5th for anyone who hasn't paid their mortgage yet. With the number of individuals defaulting on loans over the past decade, this was probably a simple business decision to aid in reminding people to pay up.  Your 3.5 choices as I see it are: 2a. A variation of #2: set up a phone number just for that bank using a service like Google Voice and filter your calls so you don't have to deal with them on your primary line.\""}
{"_id": "471632", "title": "", "text": "My question is (ok a lot of questions) how viral are these borrowing cost increases? Will other European countries need to raise bond yields to sell bonds? Will the US? Will the US be lending Spain part of the $125b bailout money and raise borrowing costs?"}
{"_id": "471643", "title": "", "text": "Another one I have seen mentioned used is Equity Feed. It had varies levels of the software depending on the markets you want and can provide level 2 quotes if select that option. http://stockcharts.com/ is also a great tool I see mentioned with lots of free stuff."}
{"_id": "471646", "title": "", "text": "Yep, this isn't the movies. Popular people are popular for a reason. They're likable.   Outcasts are outcasts because they went against the norm, speaking from experience. That doesn't play very well in business either. I'm not talking Steve Jobs against the norm, I'm talking Dwight Schrute against the norm."}
{"_id": "471647", "title": "", "text": "Jackson Hole Backcountry Rentals, is the right place offers the best side by side and UTV rentals for the adventure lovers. We offer everything that you need in order to experience and enjoy a safe ride on a great day. Reserve Now! Call us at (307)2642525 for more info!"}
{"_id": "471663", "title": "", "text": "This almost seems worse than Google buying HTC's phone division outright. 2000 HTC designers and engineers are now Google employees, yet, HTC still claims they'll be able to design and build phones. $1 billion cash and 1/5 of their labor pool gutted. It will be interesting to see how it pans out for HTC."}
{"_id": "471668", "title": "", "text": "\"The S&P 500 index from 1974 to present certainly looks exponential to me (1974 is the earliest data Google has).  If you read Jeremy Siegel's book there are 200 year stock graphs and the exponential nature of returns on stocks is even more evident.  This graph only shows the index value and does not include the dividends that the index has been paying all these years.  There is no doubt stocks have grown exponentially (aka have grown with compound interest) for the past several decades and compounded returns is definitely not a \"\"myth\"\".  The CAGR on the S&P 500 index from 1974 to present has been 7.54%: (1,783 / 97.27) ^ (1 / 40) - 1 Here is another way to think about compounded investment growth: when you use cash flow from investments (dividends, capital gains) to purchase more investments with a positive growth rate, the investment portfolio will grow exponentially.  If you own a $100 stock that pays 10% dividends per year and spend the dividends every year without reinvesting them, then the investment portfolio will still be worth $100 after 40 years.  If the dividends are reinvested, the investment portfolio will be worth $4,525 after 40 years from the many years of exponential growth: 100*(1 + 10%)^40\""}
{"_id": "471671", "title": "", "text": "If you have access, factset and bloomberg have this.  However, these aren't standardized due to non-existent reporting regulations, therefore each company may choose to categorize regions differently.  This makes it difficult to work with a large universe, and you'll probably end up doing a large portion manually anyways."}
{"_id": "471686", "title": "", "text": "As I understand it (please correct me if i'm wrong, i've looked at this before and i've been a sole trader briefly but I've never formed a LTD company) there are pros and cons to forming a limited company. Pros Cons"}
{"_id": "471687", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.usatoday.com/story/money/2017/07/07/sears-holdings-kmart-store-closures/459277001/) reduced by 78%. (I'm a bot) ***** &gt; Sears Holdings continued its steady drip of store closures Friday with the announcement that it would close 35 more Kmart locations and eight Sears stores.  &gt; Although the iconic American department store chain still has more than 1,000 locations, Sears has buckled under pressure from online competitors, having failed to reinvent its traditional store experience.  &gt; &amp;quot;It is obvious that we don&amp;#039;t make decisions to close stores lightly. Our efforts have been, and will continue to be, fact-based, thoughtful and disciplined, with the goal of making Sears Holdings more relevant and more competitive for our members and other constituents.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lws7p/sears_kmart_to_close_43_more_stores_as_retail/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~161827 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Sears**^#1 **store**^#2 **locations**^#3 **close**^#4 **more**^#5\""}
{"_id": "471700", "title": "", "text": "If corporations are people, why do persons have to pay tax on their revenues (personal income) while corporations only pay tax on their profits (operating income).   If corporations are people, then everyone should pay taxes the same way - either on their revenues, or their profits. We shouldn't be discriminating.   Boy, if a person could only pay taxes on their profits (savings), instead of their revenues (personal income), it'd be a whole new ballgame."}
{"_id": "471704", "title": "", "text": "There are classes of 'traders' who close their positions out every evening, not just on fridays.  But their are other types of businesses who trade shortly before or nearly right at market close with both buys and sells  There are lots of theories as to how the market behaves at various times of day, days of the week, months of the year.  There are some few patterns that can emerge but in general they don't provide a lot of 'lift' above pure random chance, enough so that if you 'bet' on one of these your chances of being wrong are only very slightly different from being right, enough so that it's not really fair to call any of them a 'sure thing'.  And since these events are often fairly widely spaced, it's difficult to play them often enough to get the 'law of large numbers' on your side (as opposed to say card-counting at a blackjack table) which basically makes betting on them not much different from gambling"}
{"_id": "471714", "title": "", "text": "I apologise, I'm not implying they won't make it into the industry. I believe Apple, Google, Amazon, Tesla, and/or Uber will all have major stakes in that market. The issue is, only 1 of those companies manufacturers cars. Even if Apple or Uber have the customer base to make the vehical cloud work, they aren't car manufacturers and will need to buy someone's self driving cars. Ford appears to be one of the few traditional car manufacturers that understand this. They're all messing with self driving cars, but they're the only one I'm aware of trying to pivot to being a mobility tech company."}
{"_id": "471723", "title": "", "text": "AAPL will not drop out of NASDAQ100 tomorrow. From your own quote: The fund and the index are rebalanced quarterly and reconstituted annually"}
{"_id": "471730", "title": "", "text": "Brokers have the right to charge interest on any stock that they lend you. Since you borrowed the TSLA to short it, the owner of those shares can charge you interest until you return them. If you are not getting charged interest on some shares that you have borrowed to short, consider it generosity on the part of the lender."}
{"_id": "471738", "title": "", "text": "IMO they were just being dicks.  I don't know if they are required to provide the payoff amount, but they should be able to at any point in time.  edit: I have mortgage experience.  I didn't see this too often, but borrowers sometimes payoff/include other debts on refis.  This requires a payoff statement from their creditors.  I've never heard of a closing getting pushed back to the next month due to a creditor not being able to provide the payoff."}
{"_id": "471755", "title": "", "text": "\"You can pontificate about how life is so hard for her because shit costs money and you're right, she can't support herself and kids. However, that doesn't change the basic economic reality that working full time at Popeyes simply DOES NOT provide enough value to her employer and there are two many people with her very low skill set that she cannot command a higher wage. No amount of government programs will change that. Robbing the tax payers through welfare, killing businesses and destroying jobs by imposing a wage that simply is infeasible is counter productive, unsustainable, and simply misguided. Don't believe me? Ask the University of Washington who have the numbers on Seattle's ever escalating minimum wage and the effect on [jobs.] (http://www.zerohedge.com/news/2017-06-26/shocking-study-finds-seattle-min-wage-hikes-has-cost-works-14mm-hours-year-6700-jobs) This is, of course, assuming you care that people are being put out of work so a few can be paid a \"\"living wage\"\". Welfare is an endless tap of free money, [right?] (http://www.usdebtclock.org)    The irony of your oh so well cited comment is that you didn't apply it to your own proposed solution of a minimum wage increase. [Here's](http://www.heritage.org/jobs-and-labor/report/higher-fast-food-wages-higher-fast-food-prices) a great analysis of effect of this change on consumer prices, how it affects the capital side of the equation of whether to operate a restaurant at all, and how a higher minimum wage impairs the creation of entry level jobs.    Succinctly, minimum wage jobs were never meant to be able to support a family of three, no matter how much you wish it could. By creating artificially higher wages you'll get higher unemployment, more substitution of labor with more capital intensive solutions (ordering kiosks, etc), and higher taxes and consumer prices.   Edit: Link B.S.  Edit 2: **trigger warning** Also, it's a lot easier to raise kids with two working parents, that's just math for you. Talk about a bad personal choice that no one has touched on. Poor kids :(\""}
{"_id": "471782", "title": "", "text": "This is a standard check. To complete the order, I need to enter the bank routing number, my account number, name address, and phone, if I wish. The name of the bank is required for the order, but does not appear on the printed check.   For checks you print, this will be no different. It's your name, and address, not the bank's, that goes on the check."}
{"_id": "471789", "title": "", "text": "Banking vs. speculating isn't a relevant dichotomy here.  If my broker-dealer goes belly-up, I'm covered for up to $500K to replace the cash and securities I had on deposit with them.  If he was doing forex investing, he fell into one of the few areas which is not covered by SIPC deposit insurance."}
{"_id": "471792", "title": "", "text": "Don't invest. Keep cash. And wait till you see a crash in the price of some of your favorite blue chip stocks. But wait till the true bottom is in...you will know when is the right time as it will be obvious."}
{"_id": "471817", "title": "", "text": "\"The standard measure of risk is the variance of the asset. The return on investment of the asset is understood as a random variable with a particular distribution. One can make inferences about the underlying distribution using historical data. As you say, this is what the quants do. There are other, more sophisticated measures of risk that allow for such things as skewed distributions and Markov switching. If you are interested in learning more, I suggest starting with the foundations of Modern Portfolio Theory: \"\"Portfolio Selection\"\" by Harry Markowitz and \"\"Capital Asset Prices\"\" by William Sharpe.\""}
{"_id": "471824", "title": "", "text": "&gt; which is why i find it wrong that interest for money collected in a given financial year is announced after the end of the next financial year.  Oh, I may have misunderstood. Generally it would be reported at the end of the *same* year. I'm a little intrigued as to why it's waiting a year to be reported... are contributions reported elsewhere?"}
{"_id": "471825", "title": "", "text": "\"We measure the value of gold by comparing it to other things. Sorry, but there is no better answer than that. There is no gold standard (pun intended) by which objects can be measured in value because \"\"value\"\" is a subjective term. It would be comparable to asking how funny is an object. Different objects are funny to different people. Even if we gathered all the really \"\"funny\"\" object together, there is no guaranty those objects would be funny next year - unless we all agreed they were as part of a social contract. Which is basically what we do with currency. While gold does not need a social contract in order for it to retain its value, this is only because it is has been (1) very useful and (2) rare. If either of these two factors change, the value of gold will change - which it has on several occasions. WARRING: Rant about \"\"Intrinsic Value\"\" of gold below. Gold has no \"\"intrinsic\"\" value. None whatsoever.  \"\"Intrinsic value\"\" makes just as much sense as a \"\"cat dog\"\" animal. \"\"Dog\"\" and \"\"cat\"\" are referring to two mutually exclusive animals, therefore a \"\"cat dog\"\" is a nonsensical term. Intrinsic Value: \"\"The actual value of a company or an asset based on an underlying perception of its true value ...\"\" Intrinsic value is perceived, which means it is worth whatever you, or a group of people, think it is. Intrinsic value has nothing, I repeat, absolutely nothing, to do with reality.  The most obvious example of this is the purchase of a copy-right. You are assigning an intrinsic value to a copy-right by purchasing it. However, when you purchase a copy-right you are not buying ink on a page, you are purchasing an idea. Someone's imaginings that, for all intensive purposes, doesn't even exist in reality! By definition, things that do not exist do not have \"\"intrinsic\"\" properties - because things that don't exist, don't have any natural properties at all. \"\"Intrinsic\"\" according to Websters Dictionary:  \"\"Belonging to the essential nature or constitution of a thing ... (the intrinsic brightness of a star).\"\" An intrinsic property of an object is something we know that exists because it is a natural property of that object. Suns emit light, we know this because we can measure the light coming from it. It is not subjective. \"\"Intrinsic Value\"\" by definition is the OPPOSITE of \"\"Intrinsic\"\"\""}
{"_id": "471828", "title": "", "text": "Can you even answer a simple question? Economics is not game unless you're thinking playing with people lives is a game? Government saving is giving away money? What? Do you even know what saving means?   Also it's not because I don't agree with you that I don't have an open mind. I go with the facts and the facts suggest you're on another planet. Going against the status quo isn't a sign of an open mind."}
{"_id": "471853", "title": "", "text": "So does that mean a total of 20,000 people applied (22 applicants per job) or 17.5 million applied? (20,000 applicants per job). Does each application represent a unique person, or a unique person's application for a particular role? (that would mean less than 22 applicants per job).  I think it should be clear from this that the language used in the article is intentionally unclear, 22 applicants per job seems perfectly reasonable for a large, perceived stable career path. Certainly in non-fucked industries like IT."}
{"_id": "471870", "title": "", "text": "That's not why they crashed. They crashed because the only reason people were buying them is because they would go up in value and then they could sell them for profit later. Sounds exactly like Bitcoin in my opinion. The only difference is Bitcoin is useful in the sense that criminals can use it and not get in trouble.   How many people do you know using Bitcoin as a currency? They aren't, they are only buying it to sell it for a profit later. That isn't sustainable. It isn't backed by a government or military and it is too volatile to actually use as a currency. When it crashes and criminals are the only ones using it, then what is it worth? Maybe $100 a coin? $10? Who knows, it sure as hell isn't $5,000 a coin though."}
{"_id": "471872", "title": "", "text": "\"There are benefits associated with a cash only business (the link states a few). However checks made out to \"\"cash\"\" don't reap those benefits listed. For anyone on SE to say your barber hides revenue from the IRS would just be speculation.  With that said there are a great number of disadvantages for a cash only business. And from my experience, a business that goes out of their way to take cash only can be a little suspicious. Luckily you are not committing any crimes or fraud by paying her cash.\""}
{"_id": "471878", "title": "", "text": "\"@pyb is right - you should put an hourly dollar value on your time.  Calculate a realistic number and keep it in the back of your mind. Then when you're looking for a discount or a saving, estimate the maximum amount that you'd be able to save.  This should be a realistic proportion of the value of the item.  From those figures you can get the maximum amount of time that you should spend on looking for that discount. Spend any more than that amount of time and you lose money even if you get the discount.  So then you can end up with a few rules-of-thumb like \"\"don't spend more than x minutes of time per dollar of possible savings\"\".  Then you can spend the spare time you've created on looking for savings on big-ticket items where the time is more efficiently used... or on studying to upgrade your earning potential... or on taking some time out to enjoy the world and sniff the flowers. :)\""}
{"_id": "471885", "title": "", "text": "I'm personally not sold on Facebook.  It collects vast amounts of data, sure, but to what purpose? I am probably missing something. I presume they intend to monetize this data for marketing activities, but is that really *that* valuable? Large budget marketing teams already have more data about their customers than they can effectively analyze.  Yet, they **still** miss with products. More data is not going to make up for the quality of personnel."}
{"_id": "471889", "title": "", "text": "What is much more likely is immediate or close to immediate investment.  but this is exactly my point of contention with how they do things. I know for a fact that the money is immediately invested, which is why i find it wrong that interest for money collected in a given financial year is announced after the end of the next financial year.  i was wondering if this was a common practice in other countries."}
{"_id": "471890", "title": "", "text": "Adult Club Tampa - When it comes to getting the most exciting VIP Package available in Tampa, there is absolutely nothing wrong with meshing work and play at Emperors Tampa. Known as the single hottest gentlemen\u2019s club in Hillsborough County, our establishment is the perfect place to unwind after a long day."}
{"_id": "471911", "title": "", "text": "Depends entirely on the stock and your perception of it. Would you buy it at the current price? If so, keep it. Would you buy something else? If so, sell it and buy that."}
{"_id": "471931", "title": "", "text": "The house next door to the one I grew up in just sold for $45k. Just because they build bigger houses doesn't mean that you have to buy one. I'm sure my parents could have bought a much bigger house.  Did you ever look into community college for core classes, I had many friends in college that go about 1/3 of their credits out of the way for about 1/4 the state college. College has always been expensive, it's nothing new. And a new car is a pretty idiot investment, a good education in an indemand field not so much. I was able to graduate debt free, but after a year of college was able to land jobs at more than 2x minimum wage. Remember, few unskilled people, mostly high school age are the ones earning minimum wage, [5.2%](http://www.bls.gov/cps/minwage2011.htm)."}
{"_id": "471949", "title": "", "text": "The way banks generally work is that the front line staff input the ltv, and various data, and are just given a price for the day/week/month. There might be a few bps of maneuverability, but there's not much negotiation to be had. The bank picks its price based on statistical analysis and market knowledge."}
{"_id": "471950", "title": "", "text": "Start with Economics, macro and micro. You don't need to go deep enough to understand heavy math stuff like isoquants, but supply and demand curves and market theory in general is the foundation of business (at least capitalism). Plenty of online videos can provide overviews on this stuff.    From there, management theories and practices will get the most bang for your buck since it can be applied to every aspect of business.  Strategic Management tools like SWOT analysis or SMART criteria may not exactly be cutting edge management tools, but they provide a good overview of what is important to managers.  On the financial side of things, look into financial management, however I kind of feel like the main important takeaway for non-finance people to know is that a dollar today is worth more than a dollar tomorrow.  IMO, these are the core theory stuff for business majors. After that, the specialization is up to you. Marketing, finance, accounting, operations, decision sciences, etc."}
{"_id": "471957", "title": "", "text": "\"My wife and I have close to equal incomes, and are not young.  What we have is this: Some people would classify our system as a bit draconian as we each have \"\"allowance\"\"; however, it makes sure spending does not get out of wack and we work together to meet our goals.\""}
{"_id": "471961", "title": "", "text": "Sadly, I barely recognized 3 words in your first sentence.  My area of expertise is corporate finance/valuation/consulting not the public markets.   Directionally, I would generally agree with GreatOwl1's suggestion if you're looking to do something a little different that can leverage your existing skills.  The sort of work I do opens up different opportunities (geographical and otherwise), would probably result in a temporary pay decrease, and wouldn't at all use your current knowledge."}
{"_id": "471964", "title": "", "text": "A share is just a part ownership of a company. If you buy a share of a green stock in the open market, you now just own  part of a green company. Just like if you buy a house, the money you paid moves to the former owner, but what you are getting is a clear asset in return that you now own. Via mutual funds/indexes this can get a little more complicated (voting rights etc tend to go to the mutual/indexing company rather than the holders of the fund), but is approximately the same thing: the fund buys assets on the open market, then holds them, buys more, or sells them on behalf of the fund investors."}
{"_id": "471978", "title": "", "text": "\"You might consider learning how the \"\"matching\"\" or \"\"pairing\"\" system in the market operates.  The actual exchange only happens when both a buyer and a seller overlap their respect quotes.   Sometimes orders \"\"go to market\"\" for a particular volume.  Eg get me 10,000 Microsoft shares now.  which means that the price starts at the current lowest seller, and works up the price list until the volume is met.  Like all market it trades, it has it's advantages, and it's dangers.  If you are confident Microsoft is going to bull, you want those shares now, confident you'll recoup the cost.  Where if you put in a priced order, you might get only none or some shares. Same as when you sell.  If you see the price (which is the price of the last completed \"\"successful\"\" trade.  and think \"\"I'm going to sell 1000 shares\"\". then you give the order to the market (or broker), and then the same as what happened as before.  the highest bidder gets as much as they asked for, if there's still shares left over, they go to the next bidder, and so on down the price... and the last completed \"\"successful\"\" trade is when your last sale is made at the lowest price of your batch. If you're selling, and selling 100,000 shares. And the highest bidder wants 1,000,000 shares you'll only see the price drop to that guys bid.  Why will it drop (off the quoted price?).  Because the quoted price is the LAST sale, clearly if there's someone still with an open bid on the market...then either he wants more shares than were available (the price stays same), or his bid wasn't as high as the last bid (so when you sale goes through, it will be at the price he's offering).   Which is why being able to see the price queues is important on large traders. It is also why it can be important put stops and limits on your trades, een through you can still get gapped if you're unlucky.  However putting prices (\"\"Open Orders\"\" vs \"\"(at)Market Orders\"\") can mean that you're sitting there waiting for a bounce/spike while the action is all going on without you). safer but not as much gain (maybe ;) ) that's the excitement of the market, for every option there's advantages...and risks... (eg missing out) There are also issues with stock movement, shadowing, and stop hunting, which can influence the price. But the stuff in the long paragraphs is the technical reasons.\""}
{"_id": "471991", "title": "", "text": "\"That's $60k/yr in loan payments NOT counting interest.  Well over half of your take home income even at that salary level.  You'd end up with like a $50k or less net despite making $175k.  Is it possible?  Sure.  Is it *expected*?  No.  And are you the judge of what's \"\"Responsible\"\"?  Fuck no.\""}
{"_id": "471995", "title": "", "text": "Indeed you are correct sir. But my response would be: does the customer/regulator not also have a model? And can a financial company exist without these two stakeholders explicit endorsement? Models always have assumptions: the key is figuring out what they are and why they should or shouldn't be made. I would argue that any investor sophisticated enough to be stooging around with leveraged ETFs, CDS index tranches, or illiquid long dated interest rate swaps better have a damn good reason to buy 'em...and if their model breaks is that the fault of the bank or the customer?"}
{"_id": "472011", "title": "", "text": "\"I will add another point to ChrisinEdmonton's answer... I recognize that this is perhaps appropriate as a comment--or maybe 1/2 of an answer, but the comment formatting is inadequate for what I want to say.  The magic formula that you need to understand is this:  (Capital Invested) * (Rate of Return) = (Income per Period) When ChrisinEdmonton says that you need $300,000, he is doing some basic algebra... (Capital Required) = (Income per Period) / (Rate of Return)  So if you're looking at $12,000 per year in passive income as a goal, and you can find a \"\"safe\"\" 4% yield, then what ChrisinEdmonton did is:  $12,000 / 0.04 = $300,000 You can use this to play around with different rates of return and see what investment options you can find to purchase. Investment categories like REITs will risk your principal a little more, but have some of the highest dividend yields of around 8%--12%. You would need $100,000--$150,000 at those yields.  Some of the safest approaches would be bonds or industrial stocks that pay dividends. Bonds exist around 3%--4%, and industrial dividend stocks (think GE or UTX or Coca Cola) tend to pay more like 2%-3%.  The key point I'm trying to make is that if you're looking for this type of passive income, I recommend that you don't plan on the income coming from gains to the investment... This was something that ChrisinEdmonton wasn't entirely clear about. It can be complicated and expensive to whittle away at a portfolio and spend it along the way.\""}
{"_id": "472014", "title": "", "text": "Option 1: You can write to  uanepf@epfindia.gov.in giving the details of both the UAN's. This will be able to merge both these under the current EPF. Option 2: You can request a transfer of EPF from old EPF [under different UAN] to the current EPF. This can be done by submitting the required form. Your company should be able to assist you with the paperwork. Alternatively if you are registered online with EPFO India, you can submit the request online. Once submitted, the system will identify that a duplicate UAN has been issued and automatically merge the accounts."}
{"_id": "472020", "title": "", "text": "Best way for advertising your business. Wrapping \u0443\u043eur car \u0456\u0455 \u0430n effective w\u0430\u0443 \u043ef making th\u0435 m\u043e\u0455t \u043eut \u043ef \u0443\u043eur advertising dollars. Y\u043eur advertising message \u0441\u0430n b\u0435 displayed \u0456n \u0430 colorful \u0430nd m\u043e\u0455t entertaining way. Y\u043eur advertising \u0441\u0430n b\u0435 \u0455\u0435\u0435n b\u0443 tens \u043ef thousands \u043ef people \u0430ll year round."}
{"_id": "472031", "title": "", "text": "Accidents and tickets more than 3 years old generally won't affect you.   I use an insurance broker who shops a bunch of different companies and buys me the best policy. (He gets a cut as a middle-man, but saves me more than going direct and gives great advice when I have a question.)   Since you haven't been only your own policy lately, it will cost you more than someone with a 3 year history with a perfect record, but if you shop around, you will find something at a fair price.   Also, your credit score often factors into the price you pay for car insurance also."}
{"_id": "472051", "title": "", "text": "It's a matter of opinion. As a general rule, my advice is to take charge of your own investments. Sending money to someone else to have them invest it, though it is a common practice, seems unwise to me. This particular fund seems especially risky to me, because there is no known portfolio. Normally, real estate investment trusts (REITs) have a specific portfolio of known properties, or at least a property strategy that you know going in. Simply handing money over to someone else with no known properties, or specific strategy is buying a pig in a poke."}
{"_id": "472052", "title": "", "text": "There are fees on retail trades imposed by trading houses, but not on traders like MS and GS. That's why HFT is possible. Personally, I get 100 free trades per year and that's more than enough for me. Adding a tax to this is just stupid."}
{"_id": "472053", "title": "", "text": "As someone who's currently shopping for some winter wheels and has the raised blood pressure to go with that, I've got a few suggestions as to what would make me pick up the phone and call your or email you if you're advertising a vehicle. Keep in mind that if you're willing to deal with the additional hassle, you'll normally get the most money for a used car if you sell it privately. If it is worth the additional effort though is both a matter of judgement and if you're willing to put up with strange people like me :). Depending on the value of the vehicle and its rarity/desirability, you're looking at newspaper ads (probably won't get you much of a response these days), craigslist, Autotrader and similar, and last but not least, ebay. If you're trying to sell something that's easy to find because there are five at every street corner (think beige minivan), skip ebay. If it's worth below 5k-6k, I wouldn't bother with places where you have to pay to advertise, which leaves CL for the cheap stuff - that said, I'd still stick it on CL if it's advertised in other places. Heck, it's free after all. The figure out what sort of money you're asking for. Check the resources like KBB.com and have a look at your local CL for similar vehicles. Out here, certain types of vehicles (for example, Jeeps) sell quickly and often above even KBB.com. A little market research will help you come up with a good price. Just don't do things like asking a massively inflated price for a vehicle because you paid $x five years ago. All this shows that you have no idea what your vehicle is worth. Oh, and I'd always work out what the minimum I'd take is - leave yourself some haggle room but don't undersell the vehicle. Once you know where you advertise and for how much, pull together the basic facts for your vehicles and the points that would make it stand out. Basic facts about the car should include engine size, type of transmission, if it's AWD (where applicable), mileage. Color I can see on the pictures, but it's nice to include that, too. If you have service records, recently replaced a big ticket item (think transmission or similar) or had a very recent service, especially a big one where you had a timing belt and waterpump changed, mention it. Don't say the vehicle has a new engine if that was put in 100k miles ago, that's nice to mention but it's not new. If nobody's ever smoked in it, mention it. If it's got other outstanding features (super low mileage, summer only use etc) make sure to mention it that, too. Next, if it's got any faults that you know of - especially obvious ones - disclose them. People like me will most likely find the leaking shock absorber and the rust holes in the floor anyway, and it makes a much better impression if you do tell us about them beforehand. Trying to tell someone that your banana-shaped car that looks like the Blue Man Group used it for practise is actually pristine and accident-free isn't going to go down very well. Next, pull together the paperwork - make sure you've got the title (if there is a lien on the title, check with the lienholder before advertising the car so you know their procedure for releasing the title), any maintenance records you have, manuals, receipts etc. If the vehicle has a salvage title, try to find out why and mention it in the ad. I've just had a comedian phone me while I was driving to see his vehicle and leave a message that he didn't have a title and didn't seem to be willing to bother to get one, either. Obviously that put me in the right frame of mind, given that it was a 200 mile round trip. So don't do it - if you can't get a title, the schmuck you sold it to will have even less of a chance of getting one. And given that you are in California, a lot of people (including myself) react really badly to three years' worth of back registration, missing smog, expired registrations on something I'd expect to test drive etc. Essentially anything that would stop a potential cash buyer to drive it away on the spot. Next, clean the car - you know, the five years' of accumulated McD wrappers and inch thick layer of dirt (I'm only partially kidding, I've seem some pretty horrible stuff recently). Spend the two hours it takes to clean it or pay to have it valeted or detailed. Clean, shiny cars sell a lot better than a rolling recycling container. Oh, and last - make the effort take some decent photos. The more the merrier, shot in daylight (no photographing a black car after sunset) and if there is any damage, an additional photo or two showing the damage would be nice. Stick the on photobucket or similar and put the links in your craigslist ad so you don't restrict yourself to the microscopic photos that you normally get on there. As to payment, I'd either take cash, meet the buyer at his bank where he draws out a cashiers check in front of your eyes, or, well, cash. No Kauri shells, deeds on bridges in Brooklyn or anything else. Be prepared to take a deposit - a lot of buyers aren't willing to wander around with ten large ones in the back pocket to go look at a car - and spell out exactly how long the deposit is good for. I also tend to make them non-refundable (buyer doesn't pick up the car within the negotiated timeframe, you keep the deposit as 'damages' for not being able to sell it to another cash buyer). Check your DMV's website as to what exactly you need to do once you sold the car. Here in Nevada it's the buyer's problem on how to move it as you keep the plates, but I know in California the regular plates (not personal ones IIRC) stay with the vehicle and I think you need to inform the DMV that you sold the vehicle. I'd also keep a record of who I sold a vehicle to (name, address from his drivers license, license number etc) just in case they run a few red lights and accumulate a few grands' worth of parking tickets."}
{"_id": "472062", "title": "", "text": "I know nice and free stock screener for UK (and 20+ exchanges) - https://unicornbay.com/screener?f=exchange_str|%3D|LSE;&s=MarketCapitalization|desc&p=1|20 from Unicorn Bay. It supports both fundamental and technical analysis."}
{"_id": "472067", "title": "", "text": "You are comparing apples and oranges: the charts show the capital appreciation excluding dividends. If you include dividends and calculate a total return over that period you see VSMAX up 132% vs. FSEVX up 129%, i.e. quite close. That residual difference is possibly due to a performance difference between the two benchmarks."}
{"_id": "472080", "title": "", "text": "I thought Microsoft overpaid, it could have gone either way. Microsoft wanted in the mobile market (who wouldn't) in a big way and this was the easiest way to get into it hardware wise.  They had already developed an operating system (Windows phone) which I though was great but it never really gained traction.  So, I'm not too sure Nadella should be bragging about this. If it had gone the other way I bet he'd be trying to hide."}
{"_id": "472091", "title": "", "text": "Thanks! I mean, I migghhht could work the days I am in town for school, and maybe one or two days on the weekend. However, they have me 5 days in a row and coming in so early and staying so late I barely have time to half-a** my assignments. Not working would really be best for me, though, since they have completely ignored my signed-off on schedule changes and are angry whenever they have to fix em."}
{"_id": "472094", "title": "", "text": "The US requires its (tax) residents to report foreign accounts if the balances (on all the accounts together) are $10K or more at any given day during the year. This is done through the FBAR system. In addition, you obviously need to report this income on your US tax return and pay taxes. If the balances on your foreign accounts exceed specific threshold, your tax return should also include form 8938. If you report everything and pay the taxes due - you can keep the money wherever you want and transfer it between your accounts as you may see fit. If you don't - the US government may come after you with huge penalties, and the Dubai bank may freeze your account. Its easy to become US tax resident. Stay in the US for more than half a year in a row - and here you are. Subject to the US taxation. Even if you're not a US citizen or green card holder, or at all illegal. Some immigration statuses may grant you an exemption, but none that allows you working for your Dubai employer, so I'm assuming you're a US tax resident."}
{"_id": "472098", "title": "", "text": "The iPad screen is big enough that it an comfortably fit the page, IMO. Also I acquire them through less than legal means, so i'm saving money there, too. Searching within textbooks is the BEST part about it, though!  A good friend of mine told me the same thing you said a year ago when we had this discussion. He moved twice in the spam of a year and had to lug two boxes of books around, which sucked, he ended up downloading Kindle on his iPad, his laptop, and buying his girlfriend a Kindle, he says it made their life much easier as far as their last move is concerned but especially with finding books."}
{"_id": "472109", "title": "", "text": "\"SAR filers can check a box to indicate that SSN is \"\"Unknown\"\". It's unlikely that you could get over $10K in chips without first disclosing your SSN, as casinos track your cash out totals based on physical description (hair color, clothing, etc). As you approach $10K they will require ID and SSN, which they verify for accuracy against a federal database via name and DOB matching. More here: https://en.wikipedia.org/wiki/Know_your_customer\""}
{"_id": "472122", "title": "", "text": "Yes.  Basically, I see it as a huge giveaway to corporate interests when we have to do things like step in and pay for food for their workers (e.g. SNAP), enabling a business to keep their own wages low.  It's basically a wealth transfer to shareholders.  A full-time worker should be able to cover their nutritional needs from their salary."}
{"_id": "472139", "title": "", "text": "&gt; The CEO is having the stores sell their property, at a discount, to one of his other companies, then having the stores pay rent. &gt; Except boutique stores actually pay more money than Sears does. So whenever a store closes, his other company can rent the space out for almost double.  And therein lies the way forward for Sears.  The retail side of things is going to inevitably go bust, and Seritage will be the way forward.  Sort of like how Woolworth's became Foot Locker."}
{"_id": "472141", "title": "", "text": "I spent a year at the Democratic National Convention as an intern. It sucked in more ways than one.  I come from nothing, putting myself through school, management at my coffeeshop and I am still in school. Everyone else was there only because they knew someone in politics and no matter that I should up everyday with a positive attitude, a willingness to work, and going above and beyond. I was interviewed for the position of human resources coordinator and instead it went to the best friend's daughter of the HR director. So yeah. I feel ya. Oh, one last thing. It was all unpaid.   Just stick with it man, you wont always be in a job you like."}
{"_id": "472159", "title": "", "text": "\"The \"\"risk\"\", other than losing principal (especially when rates go up) is capital gains. As with any mutual fund, this one might need to sell assets for cashflow. In which case the taxes on the sales are shifted to the investors. So you may end up with the fund losing value due to price fluctuations, yet you'll have capital gains (probably with a significant short term part since the maturity periods are relatively short) to pay taxes on. To what extent that may happen depends on the fund's cashflow (influx of money vs. withdrawals). Capital gains reduce your basis (since no money is actually distributed), but if you hold the fund for more than a year - you lose the difference between the short term and the long term tax for the short term portion of the gains.\""}
{"_id": "472179", "title": "", "text": "\"I think something telling about this article is how infatuated people seem to be with the 1%. The 1% are exactly that...ONE...FUCKING..PERCENT. Shouldn't we be happy that the top 1% are earning significantly more than $100,000.  The argument of whether or not $100,000 is a \"\"good\"\" salary is a far different argument. As many have brought up already, location is a large factor in how far your money will go as well as other factors, but that's not my point.  \"\"But as income inequality in the US continues to worsen, a $100,000 salary creeps ever-closer to being an upper-middle-class income, not a sure sign of wealth.\"\"  The article seems to subtly suggest one should be unsatisfied that they are not part of or close to being included in the 1% or seen as wealthy.\""}
{"_id": "472181", "title": "", "text": "eh on second thought Suppose I earned $1 Billion per year.  then 10,000*365 = 3,650,000 and  3,650,000 / 1,000,000,000 = 0.35% of my yearly income in terms of percentage costs.  If someone makes $20,000 per year and spends $500 a month on rent then   500*12 = 6,000   6,000/20,000 =  30% of ones yearly income in terms percentage costs.... sooooo yeaaaah Is swap that rent percentage any day of the week. At 20,000 a year a rental rate of .35% comes out to a monthly rent of $5.84.  I'll take the Billionaire yacht mansion.  [edit in response to the above edited comment]:  You're right I'm a billionaire i don't got time for maintenance. I'm just gonna buy a new one every year AND Im gonna assume that operating costs are $40,000,000 per year on top of buying a new $40,000,000 each year which comes out to $80,000,000:   80,000,000/1,000,000,000 = 8%   STILL GONNA TAKE THE BILLIONAIRE YAGHT OVER THE NORMAL RENT  To be clear 30% of 1 Billion is 3 Hundred Million: which means as a billionaire I could buy **25** $40 Million yachts.    [Moar Edit]: Ok like Since Ive got a super Yacht for just 8% of a billion this extra $920 Million Is burning a hole in my pocket.  I'm gonna buy 40 $2 million homes (one for each top  city) which leaves me with only $840 Million.  I gonna buuuuy A Hillary Clinton Level politician ($200 Million or so). So got $640 Million left..."}
{"_id": "472200", "title": "", "text": "Without knowing actual numbers it's tough to say.  Personally, I would pay off the car then, going forward, use the money that would have been paid on your car note toward your mortgage.  I always think of things in the worst possible scenario.  It's easier, and faster, to repossess a car than to foreclose on real estate.  Also, in an emergency situation, depleting your fund for your car loan and your mortgage would be significantly more detrimental than only paying a mortgage with a car owned outright.  Fewer obligations means fewer things to draw down your funds in an emergency. Whether the tax deductability of the mortgage interest outweighs the lower rate on your car loan will depend on a lot of factors that haven't been shared.  I think it's safe to assume with only 1% of separation the real difference isn't significant.  I think when determining which credit cards to pay off, choosing the one with the highest rate is smart.  But that's not the situation you're in. If you don't have foreclosure concerns I'd still pay off the car then start investing."}
{"_id": "472242", "title": "", "text": "Absorb shock, comfort your tired feet and improves your shoe\u2019s fit all with one insole! These insoles are made from comfortable memory foam for extra padding and better fit. Kidsole\u2019s Sport Insoles are designed with soft fabric with a PU gel base. They are moisture-wicking and highly breathable. The design of the insole is intended to cushion and massage the feet."}
{"_id": "472243", "title": "", "text": "If you too want to avoid losing your money again in the stock loss recovery scams that have been going on then there are a few tips to keep in mind. Be diligent about researching the company thoroughly online, know about its owners, teams and what others have said about it. This can help you be safe from fraudulent firms."}
{"_id": "472263", "title": "", "text": "It's not your money.    According to one article, the interest on the money could be negotiated in some cases to be yours, but I wouldn't plan on it. From MSN: According to a complaint filed by the   state of Minnesota, the 37-year-old   social worker received a $2.6 million   payment from the state Department of   Human Services that had been intended   for a local hospital. Instead of   immediately reporting the mistake, the   woman and a friend opened investment   accounts, bought jewelry, purchased   four vehicles including two Land   Rovers and spent $3,817 at Best Buy.   Six weeks after getting the money, she   called the Human Services Department   to ask why the check had been sent to   her, according to the complaint. When   informed the payment was an error and   the money had to be returned, the   woman reportedly told the department   to talk to her attorney and refused to   respond to follow-up calls.  As the   prosecutor said to a St. Paul Pioneer   Press reporter, there's a big   difference between keeping money when   you can't reasonably be expected to   determine the true owner -- like that   $20 bill on the street -- and keeping   money when you can. The state had the   pair's accounts frozen and is   prosecuting for theft as well as civil   charges, though the woman returned the   unspent money and the property she   bought. More from MSN Money A   better approach to an unexplained   windfall is to keep the money in a   separate account while you track down   the source. Who gets to keep the   interest earned will be one of those   things you work out with the rightful   owner's attorneys. Bankrate has a similar story posted as well."}
{"_id": "472269", "title": "", "text": "\"&gt;&gt; No, [the TPP was declared politically dead before President Trump was elected](https://www.washingtonpost.com/news/powerpost/wp/2016/09/29/mcconnell-the-trans-pacific-partnership-is-dead-until-a-president-revives-it/?utm_term=.73c9a7fbea04).  &gt; Yeh, sure! Hillary was so against TPP, like Obama was.  &gt; So the answer is \"\"Yes!\"\" here.  Why are you bringing in Hillary or Obama?  My argument was that Mitch McConnell and congress killed it.  How can I have a discussion with you or take President Trump seriously when both of you seem to think you can point to Hillary or Obama and you are magically proven right?\""}
{"_id": "472279", "title": "", "text": "&gt;Actually, Education is where there's no need for humans: videos and recorded lectures, AI teaching at your own level and pace are much better than a class of 30...  Yes this is one advantange of automation yet I only see it as a complement to the education system. If there's one thing automation cannot provide it would be the same interactive environment provided by the classroom which allows students to learn from each other and _request a different explanation in real-time for clarification_.   Videos and recorded lectures tend to be monotonous. One way communication is stifling and overwhelming which kills the learning environment. This is one of many reasons why online courses aren't taken seriously, at least in this part of the world. The presence of the facilitator imparts certain values in the student. The role of the facilitator is just as crucial as the knowledge they impart.   I have never heard of AI Teaching maybe it will disrupt Education in the future but for now we are stuck with our vanilla Education system."}
{"_id": "472298", "title": "", "text": "Depending on what currency the price is quoted in and is originally sold, currency fluctuation can also carry over onto the price in your currency. An example for that would be bitcoin prices which sometimes show heavy ups and downs in one currency, but seem totally stable in another and can be tracked back to changed exchange rates between currencies. Also like others have said, prices on stocks are not actually fixed. You can offer to buy or sell at any price. Only if 2 people want to buy or sell for the same price there will actually be a transaction."}
{"_id": "472311", "title": "", "text": "\"Someone told me that the main protagonist in Michael Lewis's, \"\"The Big Short,\"\" Dr. Michael Burry is shorting the student loan bubble.  I don't know if the investment banks have already set up student loan traunches  and if he's got CDSs on those, or if he's just shorted the Apollo companies, Strayers, etc.\""}
{"_id": "472316", "title": "", "text": "\"Yes and no. First off, commodity prices reflect the cost of a good about 3 steps back in the retail supply chain; the agreed-upon price for the raw foodstuff between farmers/ranchers and manufacturers. Your grocer may carry bags of whole grain wheat, but that's certainly not all he carries that contains it. Same for corn, rice and other staple grains, as well as for fruits and vegetables, herbs (yes, you can buy basil by the ton on the CME), meats, various sugars, etc. So, a long-term sustained change in prices of a commodity foodstuff will eventually affect the real cost to you to buy things they're made from. However, in the short term, the retail supply chain will generally act as a buffer between these prices and the ones you see on the store shelf. Consumers don't like price increases, especially of necessities like food. When food costs go up, consumers can and will very quickly change their spending habits, buying cheaper options to get their needed calories. That makes manufacturers nervous; consumers not buying their product is a worse scenario than consumers buying their product at a reduced gain or even at a loss. So, manufacturers, and suppliers and retailers, will all absorb as much as they can of the cost of a commodities increase before beginning to pass it on to consumers. On the flip side, while consumers like price drops, they don't notice them as much as price increases. So, the supply chain will also absorb a fall in commodity prices by resisting price reductions in the consumer goods, as long as they can get away with it (which is usually longer than the price reduction actually lasts). The net effect is that processed food prices typically follow the gentle upward climb of long-term inflation, and only rarely do you see drastic price increases or decreases. Where this model breaks down a little bit is in highly perishable foodstuffs, especially seasonal or \"\"wild-managed\"\" foods; fruits and vegetables, seafood, etc. The limited time in which the stuff can be sold makes the process of getting a fish out of the ocean and a fruit off the tree and into your grocery store much more market-driven; the producers, suppliers and grocers are all in constant contact over what's available and how much they can get for what price. The prices therefore are typically a lower markup (unlike highly processed grain-based foods, there's not much added value to be marked up between the apple farmer picking the fruit and the grocer putting it on display), but also much more volatile; if there's a bumper crop of fruit, the farmer has to unload it all or it goes to waste, while similarly if an early freeze decimated the apple crop, the suppliers can't just get some of last year's bumper crop out of storage; they fight with everyone else for what little made it to market. Farmers will sometimes intentionally let excess crop spoil in order to maintain a minimum price for what they sell (the rest can at least be composted and used for fertilizer, saving them some money on maintenance), but there's no silver bullet for a shortage. This is why a lot of these foods, especially seafood, are considered luxury items; they're not stable enough for everyone to get as much as they want whenever they want, unlike staple grains.\""}
{"_id": "472328", "title": "", "text": "I started my career over 10 years ago and I work in the financial sector. As a young person from a working class family with no rich uncles, I would prioritize my investments like this: It seems to be pretty popular on here to recommend trading individual stocks, granted you've read a book on it. I would thoroughly recommend against this, for a number of reasons. Odds are you will underestimate the risks you're taking, waste time at your job, stress yourself out, and fail to beat a passive index fund. It's seriously not worth it. Some additional out-of-the box ideas for building wealth: Self-serving bias is pervasive in the financial world so be careful about what others tell you about what they know (including me). Good luck."}
{"_id": "472332", "title": "", "text": "Vehicles (plural, because I'd be filling multiple roles, and also because I'd really prefer to have spare parts). Self-sufficient farm with machine shop, heavy-duty fabric production/sewing capacity. Hunting/camping gear. That kind of thing.  I have about $600 in student loan debt remaining, which should be gone in the next year. No car loan (own my truck outright), don't own a house, carry 0 balance on my credit card. I suspect I'm a bit older than you (28) and I'm finding increasingly that I'm feeling financially strained by both current needs and projected needs. Moreso future than current, as a matter of fact, though I am unemployed right now. No matter how I look at it, barring some exceptional luck, there's no good way to obtain what I feel is needed to ensure that I can retire in safety. The current system basically forces you to take on nigh-crippling debt and hope like hell you can remain employed almost constantly through the most productive years of your life so that you may retire with some degree of security.  75K would make me feel a lot closer, but it only really deals with the immediate concerns and gives me room to hope to rectify the future ones in the next decade. If it were a completely foolproof 75K with no chance of vanishing, it'd go a lot further -- but still wouldn't alleviate my worries entirely."}
{"_id": "472336", "title": "", "text": "Check out /r/personalfinance for more detailed advice. Not sure your question.  Yes, cancelling it will cause it to disappear from your credit report.  Apply for your own card right now (a free rewards one ideally) if your credit it good enough and you have a job.  Never pay interest and keep that card and your credit will naturally head to 720+ with no negative marks over time."}
{"_id": "472340", "title": "", "text": "like I said to the others do a remind me. I am not trying to hate on you or your views but facebook is not the future not even close they won;t survive because the vision of facebook is heavily flawed.  Also GoPro being worth HALF what is with in 5 years only shows your lack of research into the company and to what I said. I also said that the money I made was essentially a drop in the bucket of what I wanted to invest but I held back heavily because of the type of companies they are and what the stocks show. The fact I made what I did on what little i put in is, well awesome. No I am not a billionaire but I am rather good at picking short and middle to long term well and have done well with it. My only fault is I don't trust my own judgement enough. I am sorry you think Snap Chat is a bad long term investment because in 5 years it will be over 100 a share. I don't expect you to take or trust the advice from a random person online but you talk like you actually know which you don't and that is ok. I just gave my opinion which I have zero doubt will pan out but that is the beauty of it!"}
{"_id": "472347", "title": "", "text": "I can't speak for other companies, but we certainly hired people without experience in those products (I was one of them).  And I certainly didn't get any experience in any finance/accounting class in undergrad.   There's probably a whole spectrum of things you could do from just youtubing intro videos to get taking a weekend classes and getting certified.  Sounds like from your coding experience you'll have a good leg up.  But sorry I can't be more helpful"}
{"_id": "472379", "title": "", "text": "MYO Clinix \u2013 the name spells quality aesthetic care done with clockwork precision and high professionalism. The clinic is also an institute that provides workshops and certificate courses in body contouring and hair transplant procedures. The clinic features highly experienced and certified faculty that conduct various skin, hair, and obesity treatments. Visit myoclinix.com for more information."}
{"_id": "472390", "title": "", "text": "I agree with you. I'm a millennial. I'm not some old dude sitting in a chair writing on Reddit without first hand knowledge. I took out six figures of college debt, but spent a long time calculating my expected ROI.  Years after working I lived in relative poverty to pay of my loans and finally have done so.   I totally believe in many forms of loan forgiveness, but a blanket forgiveness I cannot support."}
{"_id": "472391", "title": "", "text": "\"Maybe in your echo chamber of idiocy.  Here in reality, we can [actually look at the historical results of these \"\"fake polls\"\"](https://projects.fivethirtyeight.com/2016-election-forecast/national-polls/). 47-43. 38-36. 42-39. 45-41. 47-43. And the list goes on. All these polls show a slight but consistent edge for Clinton just on the edge of a typical margin of error.\""}
{"_id": "472401", "title": "", "text": "\"&gt; That's like a palm reader predicting that someone is going to die.Well no shit, I'm sure someone is, somewhere, at some point.   So are you saying it's obvious to everyone muni's are on their death bed, and its not about \"\"will\"\" they die, but \"\"when?\"\"   Or are you saying that a total return of 30% over 4 years is bad?  Because if you're not saying either of those things then I'm not sure what you disagree with.\""}
{"_id": "472404", "title": "", "text": "Actually, while unsubscribing from Hulu the other day, the process prompted a SWF object which chrome decided to direct download instead of stream thankfully. I also have seen several local affiliate news sites that still require flash to view their content. It's still out there, just not as ubiquitous."}
{"_id": "472405", "title": "", "text": "I dont understand pushback from companies regarding wage hikes.  Where are these customers going to spend their money? Companies  Where are employees going to spend extra money they recieve with wage hike? Companies  Whose products become suddenly more viable to a larger portion of consumers thanks to increases in income? Companies.  I understand short term profit incentives, but good god opening entire demographics to new purchasing power has never in the history of ever NOT made companies risiculous amounts of money. Look at every major economic development in the US history. Low wage workers get more time of and money? They buy more and consumer markets rise. Anything else is a small group of insiders penny pinching for their own pockets and not thinking beyond this month."}
{"_id": "472411", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.recode.net/2017/7/14/15968746/artificial-intelligence-ai-federal-government-public-sector) reduced by 85%. (I'm a bot) ***** &gt; Senator Maria Cantwell, D-Wash., just drafted forward-looking legislation that aims to establish a select committee of experts to advise agencies across the government on the economic impact of federal artificial intelligence.  &gt; Other than a few economic impact and policy reports conducted by the Obama Administration - led by former U.S. Chief Data Scientist DJ Patil and other tech-minded government leaders - this is the first policy effort toward moving the U.S. public sector past acknowledging its significance, and toward fully embracing AI technology.  &gt; AI meant for U.S. government use should be defined as a network of complementary technologies built with the ability to autonomously conduct, support or manage public sector activity across disciplines.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6n8qmp/artificial_intelligence_can_make_americas_public/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~166623 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **government**^#1 **technology**^#2 **sector**^#3 **U.S.**^#4 **people**^#5\""}
{"_id": "472415", "title": "", "text": "\"&gt; (NK and Iran with nuclear weapons, both say publicly \"\"death to America\"\").  Iran's nuclear facilities are under 24/7 inspections by the US and IAEA. The claim that Iran has a nuclear weapons program is US/Israeli propaganda -- pure and simple. Even all of our dozen-plus \"\"intelligence\"\" agencies state Iran has no nuclear weapons program.  North Korea likely has a half-dozen or so nukes.  But on the other hand, what would *you* do if the world's most aggressive, war-loving nation refuses to end the still-officially-ongoing Korean War?  North Korea has offered to end their nuclear weapons program, to re-join the Nuclear Non-Proliferation Treaty, and allow full UN inspections -- in exchange for the US ending the Korean War and giving non-aggression guarantees. We (the Bush administration) rejected that offer.\""}
{"_id": "472443", "title": "", "text": "No because that $100k didnt just come from nowhere, it came from tax payers. Tax payer who wouldve used the money to buy other things or use differently. the govt redirecting it to the two hole diggers does not ADD to the economy, it takes away because the capital is forced down an unproductive avenue."}
{"_id": "472447", "title": "", "text": "Here at Mindfulness West London, we can help you change the way you look at life through our comprehensive course.  We are offering the Practical Mindfulness Course, created by our founder Shirley Zerf. By taking our course, we will delve into the various mindfulness techniques that will help fight all of the negative thoughts and action that hinder your growth. Visit us at www.mindfulnesswestlondon.co.uk for more details."}
{"_id": "472455", "title": "", "text": "\"I understand what you're saying, but two things persuade me on the McD's case:  1) I've spilled coffee on myself before. I did not need skin grafts. That tells me they were doing something *very* wrong.   2) When bean counters do the math on stuff like this, they do factor injuries into it as a cost. IMHO that means when you do hurt someone, you pay. When the woman first went to McD's all she wanted was for them to cover her medical expenses and they said \"\"Fuck off. Sue us.\"\" So she did.   They should've written her a check for her expenses plus $20k for pain and suffering, and gotten her to sign a gag order. Problem solved, walk away. Not doing that was arrogance and stupidity all in the same package.\""}
{"_id": "472470", "title": "", "text": "Stock acquired through a (non-taxable) stock dividend has the same holding period as the stock on which the dividend was paid."}
{"_id": "472484", "title": "", "text": "The primary reason to put 20% down on your home is to avoid paying PMI (private mortgage insurance).  Anyone who buys a house with a down-payment of under 20% is required to pay for this insurance (which protects the lender in case you default on your loan). PMI is what enables people to buy homes with as little as 3-5% down. I would recommend against paying more than 20%, because having liquidity for emergency funds, or other investments will give you the sort of flexibility that's good to have when the economy isn't so great.  Depending on whether the house you purchase is move-in ready or a fixer-upper, having funds set aside for repairs is a good idea as well."}
{"_id": "472500", "title": "", "text": "\"Some companies have a steady, reliable, stream of earnings. In that case, a low P/E ratio is likely to indicate a good stock. Other companies have a \"\"feast or famine\"\" pattern, great earnings one year, no earnings or losses the following year. In that case, it is misleading to use a P/E ratio for a good year, when earnings are high and the ratio is low. Instead, you have to figure out what the company's AVERAGE earnings may be for some years, and assign a P/E ratio to that.\""}
{"_id": "472515", "title": "", "text": "\"This company was a reputable rating agency for many years. See Weiss Research website, ratings section for a very different perspective on Martin Weiss's work than the websites with which he is now associated. I checked both links provided, and agree with the questioner in every way: These appear to be highly questionable investment research websites. I use such strong terms based on the fact that the website actually uses the distasteful pop-up ploy,  \"\"Are you SURE you want to leave this site?\"\" Clearly, something changed between what Weiss Ratings was in the past (per company history since 1971) and what Martin Weiss is doing now. Larry Edelson seems to have been associated exclusively with questionable websites and high pressure investment advice since 2007. From 1996 through the present, he worked as either an employee or contractor of Weiss Research. Let's answer each of your questions.  On June 22, 2006, the Commission instituted settled administrative   proceedings against Weiss Research, Inc., Martin Weiss, and Lawrence   Edelson (collectively, \u201cRespondents\u201d) for violations of the Investment   Advisers Act of 1940 in connection with their operation of an   unregistered investment adviser and the production and distribution of   materially false and misleading marketing materials. Full details about Weiss Ratings operations, including its history from 1996 through 2001, when it operated in compliance with securities laws, then from 2001 through 2005, which was when the SEC filed charges for regulatory violations, are available from the June 2006 U.S. SEC court documents PDF. Finally, this quantitative assessment, \"\"Safe With Martin Weiss? (December 2010) by CXO Advisory (providers of \"\"objective research and reviews to aid investing decisions\"\") for its readers concluded the following: In summary, the performance of Martin Weiss\u2019 premium services in   aggregate over the past year is unimpressive. The study methodology was good, but I recommend reading the article (I posted the URL) to fully understand what caveats and assumptions were done to reach that conclusion.\""}
{"_id": "472516", "title": "", "text": "I can't speak for all brokerages but the one I use requires cash accounts to have cash available to purchase the stock in this situation. With the cash available you would be able to purchase the stock if the option was exercised.  Hope this helps"}
{"_id": "472524", "title": "", "text": "\"Are you on Twitter? If so, the first thing I'd do is tweet this question to @Orbitz and/or @AmericanAir (AA). I'll edit it to be a bit nicer english-wise.  Tweeting (or Facebooking or Instgramming or ...) is one of the most effective ways to get customer service in 'edge' cases.  Explain your case in a nice, tight narrative that has the pertinent facts, why you should get an exception.  Social media tends to get results that you can't get just talking on the phone; in part because you're effectively talking with a higher-up person, and because you can make your case a bit more clearly. You can actually tweet this StackExchange question directly, or word it yourself in a tweet/FB post/etc.  On Twitter i'd link to here or somewhere else (too short), with something like \"\"@Orbitz @AmericanAir, you changed our trip and now it doesn't work with our special needs child.  Any way you can help us out? [link to this q or a blog post somewhere]\"\".   As far as a merchant dispute; it would realistically depend on the agreement you signed with Orbitz when you bought the tickets.  Likely it includes some flexibility for them to change your plans if the airline cancels the flight.  If it does, and they followed all of their policies correctly, then technically you shouldn't dispute the charge. It is possible that Chase might have some recourse on your behalf, though I don't think this qualifies for Trip Cancellation Insurance (Which you have through your Sapphire card ).  It might be worth calling them, just to see.  In the future, I would recommend booking through their site - not only do you get 25% bonus rewards when you use miles through there, which often is enough to offset the advantages of discount travel sites, but they're quite good at helping deal with these sorts of problems (as Sapphire is one of their top cards).\""}
{"_id": "472525", "title": "", "text": "I've read some great posts on here and either small business or entrepreneur subs re bars and I've heard the complaints from friends of friends. Apparently theft/wastage is rampant so good cash and alcohol controls are crucial. Even if you don't have outright cash theft, letting bartenders get away with free or big pours for bigger tips ultimately gets you the same result. Your manager should know how many pours he's getting from kegs and bottles. If that adds up (it won't) then it could be a lack of business and you need some marketing. But apparently tracking your pours is the key. There are plenty of books and trade publications out there, so if you don't have a bar background, I'd suggest doing some reading or even talk to/hire someone to help you figure it out. It sounds like you have some systemic issues."}
{"_id": "472527", "title": "", "text": "Yep, basically no loans for me for at least two years and new credit cards are at a higher interest rate then I'm comfortable with.  That's fine.  I have two cars that are fully paid for, just paid off one credit card last week and will have the other one paid off before the end of the year. And I have a savings account with a positive balance.  All of this happened by moving to a different house where my rent is $1,500 per month cheaper than I was paying on a house."}
{"_id": "472533", "title": "", "text": "It is always better to have a franchisor by your side than striking out completely on your own. And a home based fitness franchise business is one of those very few industries that give their clients consistent benefits. If you can ensure this small investment from your part then taking a franchise for a home based fitness business is the right tool for you. And while making this smart decision think about Just You Fitness franchise: http://justyoufitness.com/franchise"}
{"_id": "472536", "title": "", "text": "The reason is that China has identified a problem, has found a solution, and has realized the solution is worth billions in the new energy markets. It can solve a problem while becoming a leader in the largest industry in the world.  Meanwhile the US has politicized science and is debating if there is a problem at all."}
{"_id": "472537", "title": "", "text": "The price of a share has two components: Bid: The highest price that someone who wants to buy shares is willing to pay for them. Ask: The lowest price that someone who has a share is willing to sell it for. The ask is always higher than the bid, since if they were equal the buyer and seller would have a deal, make a transaction, and that repeats until they are not equal. For stock with high volume, there is usually a very small difference between the bid and ask, but a stock with lower volume could have a major difference. When you say that the share price is $100, that could mean different things. You could be talking about the price that the shares sold for in the most recent transaction (and that might not even be between the current bid and ask), or you could be talking about any of the bid, the ask, or some value in between them. If you have shares that you are interested in selling, then the bid is what you could immediately sell a share for. If you sell a share for $100, that means someone was willing to pay you $100 for it. If after buying it, they still want to buy more for $100 each, or someone else does, then the bid is still $100, and you haven't changed the price. If no one else is willing to pay more than $90 for a share, then the price would drop to $90 next time a transaction takes place and thats what you would be able to immediately sell the next share for."}
{"_id": "472559", "title": "", "text": ". Stop it. You're the only one mischaracterizing. You tried to pin a $15 minimum wage on me when I vehemently disagreed with it.   The cost of college for me and my 2 brothers was over $500,000 because we all went to great schools that were 40-50K a year.  So I'll take my 18 years of public education (full of AP classes by the way), followed by my four in college, which got me an economics degree, and I'll keep laughing at you for failing so miserably at being condescending.    If letting business do whatever they wanted worked, trickle down economics wouldn't fail as regularly as it does. We didn't regulate the banks in the early thousands. We came close to a depression. We didn't regulate businesses in the progressive era, And we got disgusting meat processing plants and the triangle shirtwaist factory fire.   You understand no ones equalizing outcome. I just believe that if you work 9 hours a day 6 days a week you should have a decent standard of living.  I can be hysterical, but your wrong, you suck at being a dick and you just don't want to pay more taxes. There's not economic reasoning behind it. Kansas's governor had the same thinking as you. Deregulate. Let business do their thing. Cut taxes for th wealthy. Kansas's residences sat on that money and Kansas is in crisis right now because of it.   That's because more money into businesses doesn't mean they'll increase production especially if it doesn't increase efficiency, or did you not learn about that?  Every time we deregulate businesses run amok and then the government has to bail them out with tax payer money, only so they can turn around and lobby for eased regulations. Or does the result of the 08 Financial crisis not ring a bell?    You do understand most of your taxes go to subsidize billions of dollars for corporations like Walmart right? Where's your outrage?  And you're talking about looking at history?   Son, lmao. You're an idiot."}
{"_id": "472585", "title": "", "text": "I don't think it makes sense to invest in an FD since. 1.) A 30 day FD is not very likely to give you 8-9% 2.) Inflation is so high in India that your losing money even though you think that you are doing well enough.  I would suggest you to expect a larger return and try hedging your portfolio correctly.  For example you can buy a stock which is likely to go higher, and to limit your risks, you can buy a put option on the same stock, so even if the price falls drastically, you can exercise your option and not lose anything except for the premium you paid. Good luck:)"}
{"_id": "472593", "title": "", "text": "\"Michael McGowan's answer is correct. The HDHP is like conventional insurance -- it is not like a \"\"health care plan\"\" that we're all used to. I.e. you don't want to have it pay out -- if it pays out, something bad has happened to you. (Just like you hope to never make a claim on your homeowner's, disability, or AD&D insurance -- that means something bad happened to you.) There are minor exceptions -- some HDHPs may cover preventive care, immunizations, etc to some extent. The bonus in the case of the HDHP is that you get to put money to cover the deductible into a tax deferred account. The HSA is effectively a self insurance fund with the HDHP as backup. Here's a concrete example. Say you have an HDHP with a $2500 deductible. The monthly premium is $500. You put $3000 into your HSA. Scenario 1: You remain mostly healthy throughout the year. You have a single doctor's visit, the doctor's office submits a claim to your insurance. The insurance doesn't pay because you haven't met your deductible, and you get a bill for $150. You write the doctor a check for $150 out of your HSA. Here, you've spent $6000 on your HDHP premiums, contributed $3000 to your HSA, and spent $150 of that on health care. At the end of the year, your HSA balance is $2850. In the following year, assume you plan to contribute another $3000 to your HSA. You can increase your deductible on the HDHP to $5000 (since you'll have $6000 in your HSA to cover out of pocket costs) and your monthly premium might go down to $400. Scenario 2: You are hospitalized for a week. The hospital submits a $15000 claim to your insurance. The insurance pays $12500 since your deductible is met after $2500. The hospital sends you a bill for $2500 for the balance. You write a check to the hospital out of your HSA. Again, you've spent $6000 on your HDHP premiums and contributed $3000 to your HSA. At the end of the year, your HSA balance is $500. Scenario 3: You are hospitalized for two days in December 2011, and then again for two days in January 2012. Your deductible reset on January 1, 2012. The hospital submits two claims to your insurance: one in 2011 for $5000 and one in 2012 for $5000. The insurance company pays $2500 on the first one and you get a bill for the other $2500. Same thing for the second one -- you've got to meet the deductible all over again. You write the hospital a check from your HSA to pay the first one. Then you've only got $500 left in your HSA. But you were planning to make another $3000 HSA contribution for 2012 anyway, so you make the contribution, write a $2500 check to pay the second bill, and you've now got a balance of $1000 in your HSA -- and since you've met the deductible for 2012 you should have no more out of pocket expenses. (Assuming your plan doesn't have copays.)\""}
{"_id": "472598", "title": "", "text": "\u2022 you have to mine the uranium (or other elements), destroying land, releasing sediments in the air and it does use fossil fuels and water. not to mention the extensive refining process after that \u2022 once the lifespan of the nuclear plant is over, it just sits there, you can't do anything with it \u2022 have to store the used rods for thousands to hundreds of thousands of years  I studied this kind of stuff in school, nuclear isn't as clean as you would hope. even EVs aren't as clean as they make them out to be (still better than internal combustion).   however I'm not familiar with MSRs, but I expect there to be trade offs as well. nothing is perfect"}
{"_id": "472629", "title": "", "text": "You could use a money transfer service like Western Union or the equivalent."}
{"_id": "472632", "title": "", "text": "I love giving non-answer answers.  It will depend on you.  Suppose you are embarrassed by driving older cars, your significant other doesn't like having you drive an older car, you don't really maintain the car well, it develops a variety of problems, acquires a few dents and you really worry about reliability.  Then the value of the car will probably drop rather quickly below the blue book value and you should sell it. On the other hand, if you don't care how the car looks, it runs pretty well (fewer repairs than you would expect), you maintain it yourself (aka cheaply) and do a good job at that, and have plenty of friends who owe you a favor and will give you a ride if your car won't start, there will probably never be a time that the value to you drops below the 'official' blue book value (what others will pay), so you would drive it until the engine drops out of the chassis.  The blue book value represents some kind of rough consensus about what a car of that age and exterior condition is worth to the typical person; it will be the discrepancy between the 'typical' person and you that determines whether you'll sell. An illustration of this:  I know a few people who (1) don't care what their car looks like and (2) are very handy at repairs.  These people started out by buying cheap used cars and ran them until they basically fell to pieces.  However, even though their 'taste' in cars didn't changes, as their incomes increased, it finally reached the point where doing their own repairs was too much of a time sink, so the value of really old cars dropped in their minds and they shifted to buying newer cars and selling them before they completely fell apart.  That's why this is a hard question to answer."}
{"_id": "472646", "title": "", "text": "Using the standard loan formula with 21% APR nominal, compounded weekly. Calculate an adjusted loan start value by adding 31 - 7 = 24 extra days of daily interest (by converting the nominal compounded weekly rate to a daily rate). For details see Converting between compounding frequencies Applying the standard formula r (pv)/(1 - (1 + r)^-n) = 189.80 So every weekly payment will be 189.80 Alternatively Directly arriving at the same result by using the loan formula described here,  The extension x is 31 - 7 = 24 daily fractions of an average week (where 7 daily fractions of an average week equal one average week). As before, the weekly payment will be 189.80 Both methods are effectively the same calculation."}
{"_id": "472663", "title": "", "text": "\"An Exchange-Traded Fund (ETF) is a special type of mutual fund that is traded on the stock exchange like a stock.  To invest, you buy it through a stock broker, just as you would if you were buying an individual stock. When looking at a mutual fund based in the U.S., the easiest way to tell whether or not it is an ETF is by looking at the ticker symbol.  Traditional mutual funds have ticker symbols that end in \"\"X\"\", and ETFs have ticker symbols that do not end in \"\"X\"\".   The JPMorgan Emerging Markets Equity Fund, with ticker symbol JFAMX, is a traditional mutual fund, not an ETF.  JPMorgan does have ETFs; the JPMorgan Diversified Return Emerging Markets Equity ETF, with ticker symbol JPEM, is an example.  This ETF invests in similar stocks as JFAMX; however, because it is an index-based fund instead of an actively managed fund, it has lower fees. If you aren't sure about the ticker symbol, the advertising/prospectus of any ETF should clearly state that it is an ETF.  (In the example of JPEM above, they put \"\"ETF\"\" right in the fund name.)  If you don't see ETF mentioned, it is most likely a traditional mutual fund. Another way to tell is by looking at the \"\"investment minimums\"\" of the fund.  JFAMX has a minimum initial investment of $1000.  ETFs, however, do not have an investment minimum listed; because it is traded like a stock, you simply buy whole shares at whatever the current share price is.  So if you look at the \"\"Fees and Investment Minimums\"\" section of the JPEM page, you'll see the fees listed, but not any investment minimums.\""}
{"_id": "472681", "title": "", "text": "India and the United States have a tax treaty agreement whereby double taxation is avoided. However check with your accountant in the US who should be able to guide you further in this regard. It is now easier to transfer money out of India. As long as the source of the money is legal and can be verified. So if you decide to sell a property, get payments by way of documented bank transactions like cheques and avoid cash deals. Once taxes are paid money can usually be transferred out."}
{"_id": "472682", "title": "", "text": "I wouldn't start a bidding war if I were you. Sometimes you may get potentially bad tenants who cannot find a property anywhere else offering more money just to get in a place. If you know nothing else about these people how can you guarantee they will keep paying the rent once they get in. The things you should be doing is checking the prospective tenant's employment and income status, making sure they are able to easily pay the rent. You should check their credit report to see if they have a history of bad debts. And you should be checking with their previous landlords or real estate agents to see if they caused any damages to their previous properties. You should create a form that prospective tenants can fill out providing you with all the essential information you are after. Get them so sign a statement that gives you authority to ask information about them with other people (their previous landlords/ real estate agents, and their employers). Have a system set out on how you will assess all applicants and for the information the applicants need to provide you with. Treat it as a business."}
{"_id": "472702", "title": "", "text": "Borrow the lot (as your family recommended)! The extra money will come in useful when you want to buy a house and move back to the area where your employer is. The government loan in the UK is a fantastic system, just a shame they are charging you so much in tuition fees..."}
{"_id": "472706", "title": "", "text": "Here's something you don't hear too often: in this country there are 22 million children under the age of 5 who are obese. What are the economic implications of this? In ten years a significant portion of our population will have been diabetic for 15 years. There are medical costs associated with taking care of 20 year olds who need amputations and extreme medical care, and there are costs associated with a significant portion of our population underemployed because they are disable."}
{"_id": "472739", "title": "", "text": "\"He's paying the interest and you're paying the principal. If you're making minimum monthly payments, you'll still be doing the same thing 25-30 years from now. I think Parker's advice was very, very good, but I'd like to add to it a little of my own. Whatever dollar amount your son is sending to you as payment, encourage him to continue doing that. Only instead of paying you, have him put that money into a savings plan of some kind. You mentioned that he's struggling now, yet able to come up with approximately (my best guess) $200/mo. I guarantee you that if he puts that $200/mo back into his pocket, he'll still be struggling every month yet have nothing to show for it. My suggestion changes nothing in his daily life, yet gives him $2400 at the end of every year.  I was in a somewhat similiar situation as your son, only to the tune of $13,000. About 20 years ago, I got a loan and bought a new truck in which to use to go back and forth to work every day. The first 5 months the payments to the bank went as planned. Then my wife announces that \"\"we're\"\" pregnant. So my parents figured it would be best to just pay off my loan to the bank, avoiding any further interest charges, and take that truck payment and put it away for a rainy day. At 33 y/o, with my first child on the way, I finally started saving some of my money. It was good advice on their part because the rainy days came! They never asked me to pay them back, however I did offer. I've been tucking away $300-400/mo in the bank every month since then because I just got into the habit. Good thing I did too. In the past 10 years I've had to bury both of my parents, one sister and two wives and I'll tell ya, one thing that was comforting was the fact that I had the money. The little truck I bought 20 years ago is now my son's. It has around 260,000 miles on it now. When he trades it in for a newer vehicle, I will probably loan him the money and have him make payments to me rather than the bank. I, too, am not one to pay interest if I can help it. If he defaults, he's my son. I just won't buy him another vehicle! Or maybe he'll get into the same habit of saving money the same way I did. Like JohnFx said, money loaned to family should be regarded as a gift, otherwise you'll end up losing your money AND your family member! Hope some of this helps you make your decision.\""}
{"_id": "472740", "title": "", "text": "Calling insider trading theft is a pretty big stretch. I think it should remain illegal as it's not great for markets and undermines investor faith, if the people that bought stock from this guy wanted the stock they would have gotten it anyways."}
{"_id": "472741", "title": "", "text": "If they are truly long term investments I would not put a stop loss on them. The recent market dive related to the Brexit vote is a prime example of why not to have one. That was a brief dive that may have stopped you out of any or all of your positions and it was quite short lived. You would likely have bought your positions back (or new positions entirely) and run the risk of experiencing a loss over what turned out to be a non event. That said, I would recommend evaluating your positions periodically to see if they still make sense and are performing the way you want."}
{"_id": "472759", "title": "", "text": "What's it like being all the way up on that pedestal without having a clue what you're talking about? Are you dizzy? Do you have to apply extra Sunscreen to your upturned nose?  When you read that one Wikipedia article, and 3 Forbes links are you just overwhelmed with the strength you just acquired, or have you felt this Supreme power all along?   We have so many questions! Please answer them with vague, nondescript platitudes and more questions please. That would be awesome."}
{"_id": "472768", "title": "", "text": "\"I have to disagree with Scott's point about bank's ability to reimburse you for money withdrawn by people who stole your debit-card - that is only limited to transactions taken place after you reported the lost of the card (http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre04.shtm).  In the event that someone got into your banking account and conduct transactions without your knowledge, you are pretty screwed unless you can prove it wasn't you who did the transaction.  The same goes for people whose debit card was \"\"copied\"\" (e.g. by swiping through those hacked ATM) - the bank's insurance policy doesn't kick in until you report loss. Mint.com is very nice website and too bad it doesn't work for Canadians.  I instead opt'd for Yodlee (moneycenter.yodlee.com) which is the engine behind Mint but works for Canadians (but without all the social network aspects/features).  These sites are good for aggregating your various personal financial info online, but none of them are good enough (yet) for me to ditch my Microsoft Money - oh wait, MS has decided to discontinue the product and I need to look another one... Chris\""}
{"_id": "472815", "title": "", "text": "Because most commerical buildings where these data centers are installed require year round cooling, even during the winter. Aside of the perimeter, the vast majority of the spaces are cooled due to heat gains from solar, lighting, and equipment. The heat from the data center cannot be harnessed aside of providing some of this heating, or to help with the heating of domestic water. Overall, exceptionally little of it is useful."}
{"_id": "472824", "title": "", "text": "You are either VAT registered or you are not VAT registered.  If you are not VAT registered, then you are not allowed to charge customers VAT, and you cannot reclaim VAT that you are paying. You are however allowed to deduct the cost of goods including VAT from your expenses. So if you buy a computer for \u00a31000 + \u00a3200 VAT, and you can deduct the computer as an expense to reduce your profits that you pay income tax for, then the expense is \u00a31,200 and not just \u00a31,000.  If you are VAT registered, then you MUST charge every customer 20% VAT. Business customers don't mind at all, but private customers will be happier if you don't charge VAT because your bills will be a lot lower. You take all the VAT that you received, then subtract all the VAT that you paid for business expenses and that you have invoices for, and send the remainder to HMRC four times a year. (The reason that businesses don't mind paying VAT is because they can in turn deduct the VAT they pay you from the VAT that they received and for every pound they give you, they give one pound less to HMRC). Note that when you have expenses that are deductible from your profits, you can now only deduct the cost excluding VAT. On the other hand, the VAT you receive doesn't count as income and doesn't lead to profits that you need to pay income tax for. It's your decision whether you want to be VAT registered or not, unless your revenue exceeds some limit (somewhere between \u00a370,000 and \u00a380,000 per year) where you must register for VAT."}
{"_id": "472834", "title": "", "text": "LC Webpros is the leading digital marketing and web development company in the USA. In the constantly changing field of graphic  However, there are other artists who have decided to specialize only in print related graphic design. We provide the best Graphic Design gainesville fl. Graphic Design is a diverse, dynamic and flexible field. You can specialize in the branding of this area. For any information, you can visit our company website."}
{"_id": "472837", "title": "", "text": "\"Historically, most economists considered a sustained negative interest rate impossible for just the reason you describe: an investor could outperform a bond with a negative interest rate by simply hoarding cash. For background, see Wikipedia. Experimentation by central banks in the wake of the 2007 financial crisis, however, demonstrates that slightly negative interest rates are possible. First of all, note that the \"\"zero lower bound\"\" on interest rates has everything to do with the existence of cash as an alternative. It's a lower bound on the nominal interest rate, rather than the real interest rate\u2014that is, on the rate before adjusting for inflation. In most situations, the real interest rate is more economically meaningful, as it's the real interest rate that measures the market's preference for \"\"stuff now\"\" as opposed to \"\"stuff later.\"\" There's nothing in principle or in practice to stop a negative real interest rate: there are always some people who want stuff now and some people who want stuff later; a negative real interest rate just means that people who want stuff later are more dominant in the market. As I stated earlier, what creates the \"\"zero lower bound\"\" is the existence of cash as an alternative to bonds. Even though that lower bound applies, it's not strict: hoarding cash in large quantities can be difficult and expensive, especially when central banks are doing their best to prevent you from doing it. Consequently, investors who strongly prefer \"\"stuff later\"\" to \"\"stuff now\"\" are willing to pay a slightly negative nominal interest rate on bonds in order to avoid those costs. If it were significantly negative, however, you're right that no sane investor would buy such a bond.\""}
{"_id": "472849", "title": "", "text": "\"The problem with your math is that your assumptions are all sorts of fucked up. You have him living in a 700 sqft apartment in Sunnyvale but paying $1400 in Indianapolis (I live here). $1400 in Indy is enough to rent a 3 bedroom house, or a 3 bedroom luxury apartment downtown. And a front end dev isn't going to be making 70K in Indy with 5 years experience. That's the average of salaried employees in Indy, web developers make more, my friend's starting webdev job out of a no name local college here was 70K. With 5 years experience you can find a job paying a lot more than that. Your salary scale is automatically going to be skewed since tech pays more and a greater percentage of the population is going to be in tech in SF than Indy. The dude would probably be making more like 90k if he was competent. And paying $500 a month for a 700 sqft apartment. If he had some money for a down payment, for $1400 a month he could afford the mortgage of like a 300K house, and could actually be putting that money into an investment rather than sinking that money into rent. Good luck buying a house in SF for less than 1M. But for sport, let's assume he doesn't buy a home and is renting a small apartment. So he is now paying only $6000 a year for housing and is making 20K more than your estimate which after taxes is like what, at least 16K in take home money, plus the 11K he is paying less in rent than you assumed? So he is actually making 27K more than you are assuming in your math, and now instead of making 20K less a year than he would in SF, he is making 7K more. Again, if he was smart and bought a house, which isn't possible for 99% of people in SF, the monetary gain isn't even close.  And don't get me started on the \"\"perks\"\" of California. People from Cali all seem to be under the assumption that things like nature, restaurants, and entertainment only exist in California.\""}
{"_id": "472857", "title": "", "text": "&gt; since it's not their money (it's ours)  What money are you talking about? Taxpayer money? USPS doesn't receive any taxpayer money.  &gt; If they can't even run something simple as the post office without nearly going out of business, healthcare is an impossibility.  So Medicare is impossible?"}
{"_id": "472879", "title": "", "text": "Most national banks are required by the regulations of their host countries to hold significant reserves in the form of government debt. A default would likely wipe out their capital and your common stock would become worthless. The common stock only has positive value today because of the option value based on the possibility the host country will evade a default."}
{"_id": "472881", "title": "", "text": "This is not the answer you were hoping for.  I recommend that you stay out of it and let your parents do what they want with their money.  They are obviously very good savers and very thrifty with their money. At this point, they likely have more money than they need for the rest of their lives, even if it doesn't grow.  It sounds like your parents are the kind of people that would worry too much about investing in the stock market. If you invest them heavily in stocks, it will go down at some point, even if only temporarily.  There is no need to put your parents through that stress and anxiety.  At some point in the (hopefully distant) future, you will likely inherit a sizable sum. At that point, you can invest it in a more intelligent way."}
{"_id": "472882", "title": "", "text": "\"Why not do both? The object is to \"\"squirrel\"\" away as much money as possible. The 401k has the advantage of being a payroll deduction. The IRA, if you can save the money, gives you more control. When you change jobs, you can \"\"roll over\"\" your first 401k into either your IRA or your second job's 401k. Note: There are legal limits on total contributions to IRA and 401ks. I've forgotten what they are, so find out for yourself. There may also be income limits, but ones that don't apply to most 23-year olds, unless they own their own company or work for say, Goldman Sachs.\""}
{"_id": "472890", "title": "", "text": "&gt; Earth has witnessed a surge in average temperature at a rate that\u2019s unparalleled in the last **10,000** years  not true  e.g. how long have we had thermometers?  how long have people measured?  who has certified accuracy of the instruments?  how many times have the climate types been caught manipulating/falsifying the available data?"}
{"_id": "472897", "title": "", "text": "\"That's the spin, but in practice it's meaningless for 90% of dry product. If they apply this to certain product categories it will lead to higher costs due to more product getting thrown away. Like I said, for fresh products y'all just don't buy shit that doesn't look perfect, and having stuff on the shelves past what we currently have it will make what's out there look bad... unless we just ignore what \"\"use by\"\" actually means and do it the old way regardless. Which is probably what will happen.\""}
{"_id": "472915", "title": "", "text": "\"One additional penalty is you will be put on the CAIVRS (\"\"cavers\"\") for your default on the FHA mortgage which will preclude you from FHA financing in the future. When purchasing the multifamily unit it is an FHA requirement that you occupy one of the units.   Lastly, I would advise against FHA due to elevated costs.  Conventional options have 95% financing options, and don't have mortgage insurance that lasts forever, like FHA does.\""}
{"_id": "472924", "title": "", "text": "\"I would say that all of the reasons you list in your question are valid, and I would add the following... You are in the landscaping business, not the accounting business. If you manage everything in spreadsheets, at least one of you has to become the bookkeeper and leave the landscaping to the others. Spreadsheets are \"\"agnostic\"\" in how you use them, so you have to turn them into an accounting system, which means you're now not only more of a bookkeeper, but you're also more of a developer, too, and even less of a landscaper. Accounting software is already developed by developers who understand accounting. Using it requires you to only perform the data entry tasks, and then you can focus on the landscaping, customer service, sales and marketing, etc., things that actually contribute to your business.  It is still good for you to understand basic accounting principles. Specialized accounting software will guide you through the process of learning and help you avoid making many of the costly mistakes you might have made in that learning process.\""}
{"_id": "472936", "title": "", "text": "\"Things I would specifically draw your attention to: the contract typically allows for an \"\"option\"\" to purchase; it does not typically compel purchase, although this is seen the purchase price is negotiated before anything gets signed the option to buy is typically available to the renter for the period of the lease contract (ie., if it's a 12 month contract the renter can opt to buy at any time in that 12 months) the amount of rent paid over time that will be applied to the purchase price is negotiated up-front before anything gets signed rent is paid at a slight premium (as Joe notes, if the rent should be $1000 per month, expect to pay $1200 per month) if the renter walks away they walk away empty handed; they do not get back the premium Having said all that - it's a contract negotiated between renter and seller and all of this is negotiable.  See also, ehow for a good overview.\""}
{"_id": "472973", "title": "", "text": "You're not going to like this answer.  You might be able to get out of the car. You probably won't be able to get out of the loan.  Option #1 - Sell the car privately (you'll get more in a private sale) and get a private loan for the difference between the sale price and what you owe.  Option #2 - If you go to a dealership that advertises that they will take any trade no matter how much you owe, they will roll your balance, less your trade in value, into your new loan. So for example, Let's say you buy a car for and borrow $20,000. The dealership gives you $6,000 for your trade because that's what they do that leaves $9,000 on your loan and you will end up borrowing $29,000 to buy a $20,000 car. Dealerships can be surprisingly accommodating but a lot of car buyers don't understand the terms of what they're getting into. I actually knew someone a few years ago who left a dealership with a new car and couldn't tell you anything about the deal beyond her monthly payment.  Option #3 - Hang on to the car and throw every extra penny at it to get the balance down on the loan until you can get it to the point where you can sell it, trade it in or refi it without putting out a big one time cash payment."}
{"_id": "473008", "title": "", "text": "Go to glassdoor.com &amp; do some research.  \u201cCorrupt Middle Management Not Noticed By Christian Owners \u201d         Current Employee - Senior Underwriter  in  Cincinnati, OH  Pros  Don't have to do much to get paid. Slackers are rewarded.  Cons   Middle and top management below the owners and their direct reports are corrupt. They violate the rules they make everyone else follow and look to pad their own pockets off of the profits earned by those below them. Notice that ONLY the Interns think this is a great company. Over the past 5 years, with the change in human resources management the company consistently lets go of top knowledge and top performers...who are over the age of 45. Advice to Management  Clean house, starting with top human resources leadership. Those at the top of human resources are incompetent. That's why you pay so much for consultants and nothing changes. Read the reviews - the benefits are not even comparable to what other companies offer. So much money is spent for consultants to do Total Rewards work. Top human resources leadership doesn't respect anyone, including the rest of the C-Suite and the owners themselves. Other executives are called names and their lack of political savvy is commented on in front of staff level employees regularly. They describe themselves as the puppet masters; guess who the puppets are? The owners are too good of a family, have done too much good for Cincinnati and have too good of a company to let these corrupt human resources leaders tarnish their good name and strong business.   Doesn't Recommend   Neutral Outlook   Tl;dr: Looks like interns get paid 15/hour, &amp; it'll be a good intro on how to deal with corrupt, conservative management."}
{"_id": "473015", "title": "", "text": "\"First lets understand what convexity means: Convexity -  convexity refers to non-linearities in a financial model. In other   words, if the price of an underlying variable changes, the price of an   output does not change linearly, but depends on the second derivative   (or, loosely speaking, higher-order terms) of the modeling function.   Geometrically, the model is no longer flat but curved, and the degree   of curvature is called the convexity. Okay so for us idiots this means: if the price of ABC (we will call P) is determined by X and Y. Then if X decreases by 5 then the value of P might not necessarily decrease by 5 but instead is also dependent on Y (wtf$%#! is Y?, who cares, its not important for us to know, we can understand what convexity is without knowing the math behind it). So if we chart this the line would look like a curve. (clearly this is an over simplification of the math involved but it gives us an idea) So now in terms of options, convexity is also known as gamma, it will probably be easier to talk about gamma instead of using a confusing word like convexity(gamma is the convexity of options). So lets define Gamma: Gamma - The rate of change for delta with respect to the underlying asset's price. So the gamma of an option indicates how the delta of an option will change relative to a 1 point move in the underlying asset. In other words, the Gamma shows the option delta's sensitivity to market price changes. or Gamma shows how volatile an option is relative to movements in the underlying asset. So the answer is: If we are long gamma (convexity of an option) it simply means we are betting on higher volatility in the underlying asset(in your case the VIX). Really that simple? Well kinda, to fully understand how this works you really need to understand the math behind it. But yes being long gamma means being long volatility. An example of being \"\"long gamma\"\" is a \"\"long straddle\"\" Side Note: I personally do trade the VIX and it can be very volatile, you can make or lose lots of money very quickly trading VIX options. Some resources: What does it mean to be \"\"long gamma\"\" in options trading? Convexity(finance) Long Gamma \u2013 How to Make a Long Gamma Position Work for You Delta - Investopedia Straddles & Strangles - further reading if your interested. Carry(investment) - even more reading.\""}
{"_id": "473017", "title": "", "text": "The person writing the check has already signed and endorsed it. The depositer's signature is not to confirm the check's validity, but to demonstrate that the check was depisited to the correct Fred Smith's account, and permit charges to be brought if, eg, Fred Bonzo Smith tries to steal Fred Gnorph Smith's check."}
{"_id": "473020", "title": "", "text": "Nobody owes anyone else a living, or preservation of a business model.  [Creative destruction](http://en.wikipedia.org/wiki/Creative_destruction) is good for progress.  Note that it is already the case that physical retailers charge less online for picking up the exact same item in the same store.  For example Walmart will sell you an iPod touch for $189 for same day instore pickup, but if you walked into the store and bought it from the shelves they charge $199.  I don't use Amazon because I'm probably one of the only honest Californians and don't want the hassle of working out use taxes.  If Amazon did collect sales tax I would consider them.  The correct solution is of course to get rid of sales tax everywhere as it imposes a huge burden to collect and is [regressive](http://en.wikipedia.org/wiki/Regressive_tax)."}
{"_id": "473025", "title": "", "text": "I think this might help explain the dip at 40 in the numbers as well. People who worked their asses off through their thirties decided to try something else at 40 and skew the numbers. Could be something else but that was my thought."}
{"_id": "473028", "title": "", "text": "level 1 is very challenging. The work itself is not confusing or anything, it is just a lot of volume of information to memorize, most of which is available within a few seconds on google, which is why I don't think it is really necessary to memorize that much data."}
{"_id": "473029", "title": "", "text": "If you too are looking to clean your rain gutters then hiring professionals for the job is a good option. This is because these professionals hold expertise in such services and can help you avoid water damages and need of replacements."}
{"_id": "473042", "title": "", "text": "There was a time that a rule of thumb stated your stock allocation should be 100-your age. That rule suggests that you are at 65%stock/35% bond/cash. If you are comfortable having this money 100% invested, the best advice would be dollar cost averaging, anything more specific would suggest market timing."}
{"_id": "473099", "title": "", "text": "\"&gt; You are giving poor and uneducated people a lot more agency than they really have.  I mean that's sort of the social contract isn't it?  At some point we all agree that humans reach the \"\"age of reason\"\" and are responsible for their decisions.  What are the implications to say that uneducated don't have agency?  Should we use government force to ensure they make good decisions?  If they don't have agency should they be allowed to make their own reproductive decisions?  I'm not really sure how to take the implications of your argument.  &gt;Also teen pregnancy are at historical lows        I'm referring to early 20's as well.  I'm not sure how you can view the pregnancy (and birth) rates of those in poverty over time but it would be interested to see.  I've seen some statistics that indicate that women in poverty have 15% more children than the rest of us, which by itself would create a perpetually growing under class.\""}
{"_id": "473113", "title": "", "text": "You know, I shop local when I can, but for big mass produced stuff I often go the Amazon route. It is quicker, easier, and usually cheaper. I wouldn't use this in a store I liked a lot, but a Best Buy type, where they have displays laid out to a scientific formula, christmas music playing two months early to Pavlov me into a shipping mood, and set their TVs on HD then non-HD channels in a effort into making me perceive a bigger quality difference than actually exists? It is nice to have a counter tactic. Scan scan scan I say..."}
{"_id": "473138", "title": "", "text": "If you want best grow light shopping company then you are in right place, yes we are best grow light shopping company. We are manufacturer of all kind of grow light so that we have light plants too like plant grow light bulb and many more. We designe latest kind of lights for you with cheap price."}
{"_id": "473145", "title": "", "text": "Willy Hicks Paving is the go-to resource for all paving services in Chester and the surrounding areas.We can help you with paving, seal coating, tar and chip, and so much more. Whether you\u2019re creating a driveway or need a parking lot, our experienced contractors can handle any size job.Call today for a free estimate on your next project!"}
{"_id": "473150", "title": "", "text": "Price, whether related to a stock or ETF, has little to do with anything.  The fund or company has a total value and the value is distributed among the number of units or shares.   Vanguard's S&P ETF has a unit price of $196 and Schwab's S&P mutual fund has a unit price of $35, it's essentially just a matter of the fund's total assets divided by number of units outstanding. Vanguard's VOO has assets of about $250 billion and Schwab's SWPPX has assets of about $25 billion. Additionally, Apple has a share price of $100, Google has a share price of $800, that doesn't mean Google is more valuable than Apple.  Apple's market capitalization is about $630 billion while Google's is about $560 billion.  Or on the extreme a single share of Berkshire's Class A stock is $216,000, and Berkshire's market cap is just $360 billion.   It's all just a matter of value divided by shares/units."}
{"_id": "473154", "title": "", "text": "Yes, an investment can be made in a company before IPO. The valuation process is similar as that done for arriving at IPO or for a normal listed company. The difference may be the premium perceived for the idea in question. This would differ from one investor to other. For example, whether Facebook will be able to grow at the rate and generate enough revenues and win against competition is all a mathematical model based on projections. There are quite a few times the projection would go wrong, and quite a few times it would go correct. An individual investor cannot generally borrow from banks to invest into a company (listed or otherwise) (or for any other purpose) if he does not have any collateral that can be kept as security by the bank. An individual can get a loan only if he has sufficient collateral. The exceptions being small personal loans depending on one's credit history. The Private Equity placement arm of banks or firms in the business of private equity invest in start-up and most of the time make an educated guess based on their experience. More than half of their investments into start-ups end up as wiped out. An occasional one or two companies are ones that they make a windfall gain on."}
{"_id": "473180", "title": "", "text": "Like Ganesh, I've used XE Trade - however I still do, fairly often.  I have never had a single problem with them regardless of the method I used to move money -- Draft, Wire, ACH, bill payment through online banking, etc. The type of trade I do most often is online bill payment to ACH -- i.e. I pay through my banking site and they pay through ACH.  There's no fee and it takes 2 business days to go through.  I do mainly CAD to USD conversions and I lose about 1.25 cents on the rate -- for example, if the CAD is worth 95 cents US, converting $100 CAD would get me $92.75 USD.  The banks usually take 2.5% or so, so it's 50% savings. It was free and pretty simple to sign up, all online -- and besides the standard info all they required was for me to upload a scan of a bank statement. As for an API, I have no idea if they have one."}
{"_id": "473256", "title": "", "text": "Seems like I see an article like this posted at least once a month. We already know they're holding cash overseas. We already know it's because of taxes. No, Americans are not entitled to that money. No, the govt wouldn't actually spend it all on schools and hospitals and infrastructure. Yes, we need to reform the tax code."}
{"_id": "473274", "title": "", "text": "No, most check deposits are processed that way. Banks transmit the pictures of the checks between themselves, and allow business customers to deposit scans for quite some time now. I see no reason for you to be concerned of a check being in a dusty drawer, it's been deposited, cannot be deposited again. If you're concerned of forgery - well, nothing new there."}
{"_id": "473287", "title": "", "text": "If you really did have a large share size, a market order would move the price more so in your desired direction. Although your cost basis would be less ideal. Just use limit orders and scale in to a position. You can also exercise puts to be short stock"}
{"_id": "473292", "title": "", "text": "\"Personally, I avoid making business deals with friends and relatives. There's just too much of a possibility that things can go wrong.  Let's assume that you're honest people and you have no intention of cheating your mother-in-law. Still, all sorts of things could happen that could make it difficult for you to repay the loan. You could lose your job. You could get some big medical expense. Etc. Then what happens? Then your financial problems become family problems. There's a strong temptation when people borrow from relatives to make paying the loan the lowest priority in their budget. \"\"I know I promised to pay \\$X per month, but things are really tight right now and Mom should understand.\"\" Maybe she does understand and can manage without it. But maybe not. And then it becomes a family fight. \"\"You promised you'd pay it back.\"\" \"\"And we will, we're having a hard time right now. Can't you just give us a break?\"\" Etc. Or she might have some extra expense, and say, \"\"Hey, can't you pay a little more this month? I really need some extra cash.\"\" \"\"I'm sorry, we're struggling just to make the regular payments, we can't.\"\" \"\"Well I was willing to loan you all this money. The least you could do is pay me back when I need it.\"\" Etc. You can end up ruining family relationships over money. Your wife can find herself in the position of having to choose whether to side with her mother or her husband. Etc. I'm sure plenty of people do things like this and it works out just great. But there are big risks. And by the way, apparently this was your idea, not your mother-in-laws. I wonder what her reaction is. Is she eager to help out her daughter and son-in-law and had nothing in particular to do with the money anyway? Or is she feeling very imposed on? It's one thing to ask relatives to let you borrow their car for the weekend. Asking someone to loan you $50,000 is a very big request. If one of my kids asked me to loan them $50,000 from my retirement fund, I'd consider that a very presumptuous request. (Unless they needed the money for life-saving surgery for my grandchild or some such.)\""}
{"_id": "473297", "title": "", "text": "It is obvious that Putin is not afraid of breaking any rules, he shows that he can be just like american presidents - do whatever he wants even if Russians and the world says NO. I don't think a war will start but who knows how far things can get."}
{"_id": "473307", "title": "", "text": "But unfortunately telling the interviewer that you learned everything you need for the job at the public library will get you laughed out of any interview.  But I've met a lot of self educated programmers (I'm a programmer) that are awesome and I've met a lot of college educated programmers that I wouldn't let make my coffee."}
{"_id": "473318", "title": "", "text": "But now you have cash on hand that wasn't used to pay debt, no change in net worth. In fact, if you refuse to pay your mortgage for two years until you're kicked out of your underwater house, your net worth goes up."}
{"_id": "473322", "title": "", "text": "Yes it is possible. It would depend on Banks policies whether they would lend. Quite a few large corporations borrow money in one country for business needs in other country"}
{"_id": "473373", "title": "", "text": "\"&gt; A trucking company making millions of dollars a year on US highways derives more value from the roads than I do.   Trucking companies run on very slim margins (typical for a commoditized business) and the vast majority of benefit is captured by other players, employees, and the government (in the form of taxes).   Moreover, you appear to be confusing revenue and profits.  &gt; Honestly anyone who says that they don't need to pay for roads because of their level of benefit from them is limited and I will call you a liar. Unless you are living in a box in the woods 100s of miles away from civilization you absolutely rely on the road system even if you never set foot on it.   Nobody ever said this. You are inventing an argument in order to counter it. Silly.  &gt; Though at the same time a national highway system was something no business would ever make as it derives too little value for an individual business for the scale required to reach enough of the market. This is a perfect example of a project that is good for society but won't see the tab picked up by business voluntarily.   Sure. Again, you are way off on a tangent though. Nobody here has argued against infrastructure nor taxes required to fund them.   &gt; It is foolish to assume your market value increases do not rely on infrastructure to happen. As much as paper-trading inflates value, for the most part, it is still tied to some kind of real work (or rather the expectation of) being done somewhere. That assumption of ability for a corporation to serve it's shareholders is based on the fact that companies have infrastructure needs handled and that expanding delivery to three new markets won't be hampered because the company must first complete the highway to serve these markets.  Again, you seem confused about the argument. We are not arguing about the basis of stock valuations and appreciation (which you happen to be wrong on, btw). We are talking about the relative value of infrastructure gained by the wealthy vs. non-wealthy. Replace \"\"stock market\"\" with \"\"30 year US Treaury Bonds\"\". Actually, don't... the next thing I'll see from you is some kind of comment about how infrastructure forms the basis for interest rates.  &gt;The existence of infrastructure not only supports the market but allows you to exploit it. The internet here makes a great example. Prior to funding and a push by the government to standardize military and academic networks and technology as well as make microprocessors more powerful in order to stay ahead in tech race we had a mish mash of proprietary networks with very poor abilities to use them. Today we have the internet. A largely private system today however it would not exist without the involvement and funding from the government for the multiple programs that led to it's existence.  Great. Nobody ever said otherwise.  &gt; If the taxes really outweighed utility businesses would not operate in the area at all. The thing is, they don't and taxes are not preventing businesses from growing.   I said personal utility. I personally employ 40 families. I pay considerable taxes for them. They pay income and sales taxes on top of that. It's a huge amount of money the government receives that they wouldn't have had I not chosen to go into business.  Incidentally, this brings up another point. Doesn't the government owe me something for generating that many jobs? Why am I not getting a tax break?  &gt; Yes but that is because unless you are doing it ALL yourself then you did not generate that $10. As a business owner you are in charge of managing resources to help generate that $10, you yourself however did not generate that $10. You had employees, and contractors, and people managing your building, payroll and yes even taxes. Every person involved in getting the product or service from idea to the door are all part of that $10. If your efforts in that co-ordination are netting you 15% of the total then you are beating the market already and I am not sure what your problem is. If you are looking to double or triple your investments you are looking for Las Vegas not Wall St or Main St.  I see you don't understand how business works.  &gt; I think the issue I see among people with your opinion is a failure to understand 2nd and 3rd order effects. Your bubble extends to what you do in your daily life and the parts of it you visibly see and touch. The world you see and touch every day is supported and made comfortable by a whole system and people whom you will never see or know.   The issue I see among people with your opinion is that it is naive and obviously not based in any real world experience. If you had ever actually run a business, you would realize how many people get paid before you do (including the government). You have maybe a 5% chance of making an above average wage and you fight like hell every day to stay afloat.   I encourage you to open your eyes and try to see the perspective of people who are actually making a difference in this world, and not the political lowlifes and lowlife leeches who have a vested interest in seeing to it that you believe something that simply isn't true.\""}
{"_id": "473387", "title": "", "text": "Wait I'm confused maybe you can explain  I'm in the federal reserve and I buy a hundred pounds of coin material for 180 dollars. I put that material into a magic penny machine and get a hundred pounds of pennies. My hundred pounds of pennies will now have a value of 100 dollars.    I had a hundred pounds of mass worth $180 and now have a hundred pounds of mass worth $100.  Where did the 80 dollars go?"}
{"_id": "473392", "title": "", "text": "&gt;And this is bad why? What is the total funding? What is the total return? Do you have the necessary facts to evaluate this?  Yes, I have. The public picks up generally, about 75% of the total cost of a major sports complex and in the past 20 years, U.S. cities have spent upwards of $20bn on major venues alone. Not included are the hundreds of smaller venues such as arenas and ice hockey facilities that almost never produce the sorts of economic benefits promised. Some, such as the Meadowlands in New Jersey aren't even paid off before the next one is being built. And that's not including sizeable and ongoing tax breaks. Sports teams are pretty profitable organizations - why does the public have to foot the bill?"}
{"_id": "473402", "title": "", "text": "Well I found out the hard way one way Best Buy might not be getting enough business:  they don't open until 1000.  Other stores in my area open either 0800 or 0900.  Granted Best Buy may have other problems, but now I don't even think of them when I need an item that morning for a job (electronic installations) because of those hours."}
{"_id": "473404", "title": "", "text": "\"It has to do with humidity (or dew point) and is partly meant to be a scale to judge how hot it \"\"feels\"\".  When you have high humidity, the sweat from your body will not evaporate as efficiently.  The evaporation is necessary to remove heat from your body, so without it you feel hotter.  With 100% relative humidity, the air is fully saturated and NONE of your sweat will evaporate.\""}
{"_id": "473427", "title": "", "text": "I read your question that you have a comfortable amount toward retirement.  If not, pad your retirement accounts if possible. If your loan rate is locked at 2.67%, invest that money in the market and pay the loan as agreed.  So long as you feel comfortable in your employment and income status for the next few years, I would bet you will get a lot more out of your cash investing in diversified, low cost funds or ETFs that you will save in interest on that loan. Finally, if you decide to lower your debt instead of increasing investments (based on your tolerance for risk) why not pay more on the mortgage?  If you owe most of your mortgage and it is typically long term, you might cut many years off of the mortgage with a large payment."}
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{"_id": "473431", "title": "", "text": "It's not the city it's the Port Authority. It's a special multistate police force. The PA is the reason the tapanzee bridge was built in such a dumb spot. The bridge had to be built 25 miles from the statue of liberty so the state of ny could collect the tolls. If it was built within 25 miles the PA is in charge."}
{"_id": "473434", "title": "", "text": "On the contrary. Outsourcing to India and investing in India in general is quite profitable and strategically appealing.  1. India's Silicon Valley alone is incomparable to that of the States'.   2. Country is indisputably more advanced than people think. 3. Their call centre alone is known and classified as one of their strongest proficiencies.   4. Not to mention the strongest argument of all, they have their own production lines for almost everything. Thus, not importing anything but rather exporting and sharing its advanced products. 5. One of the most (if not the most) IT savvy countries in the world.   Only argument for the above post is the potential obstacle of discrepancies of culture between the outsourcing country and India. India may not be as diverse as would be preferred in order to rid the possibility of potential bottlenecks with regards to diversity."}
{"_id": "473435", "title": "", "text": "They pick only one brand/supplier for a product. That cuts a whole lot of waste, guarantees their suppliers that Aldi will buy large and buy often so they can save money. Also their stores are smaller than some Walgreens, which means cheaper over head and less employees needed per store"}
{"_id": "473446", "title": "", "text": "It's been their strategy for years, I have colleagues who've worked in the packaging design departments for both Lidl and Aldi and it's blatantly obvious. When the briefs come in, designers are instructed to base the new design on a leading exisiting product's design, they have minimal time to design it and success is based on the careful balance of 'reminds consumer of brand, but is defensively differentiated.' So in other words make it close enough that it looks like and existing product but different enough that you could point out as many differences as there are similarities.   It's considered a pretty shady practice in the industry."}
{"_id": "473477", "title": "", "text": "\"It is possible and it depends on your strategy. As short selling interest rates are annual and levied monthly at a prorated rate. Interest rates are also low in general, with the exception of hard to borrow stocks. Therefore you can maintain a short position for weeks on end and notice nothing. Months even, if the position itself has already gained in your favor. There is no additional fee for opening the short position. Although some brokers have a \"\"locate\"\" fee, if it is hard to borrow the stock and they need to go find some shares to short. So you can do it as much as you like.\""}
{"_id": "473487", "title": "", "text": "It seems smart to me to have a profitable business with a troubled future take today's profits to pay tomorrow's biggest expense. Those pensions won't be ignored when USPS is bleeding even more profusely in the future and the Government will have to bail them out; these payments only soften the blow.   The pension payment requirement only serves to make the long-term effects of the USPS poor retirement choices apparent today rather than later."}
{"_id": "473501", "title": "", "text": "\"Well if they offer free shipping that would be one thing and regardless if they raise the total cost that will likely result in fewer sales.  Of course, I'm not sure what the alternatives are for \"\"elderly people who live hundreds of miles from a pharmacy.\"\"\""}
{"_id": "473504", "title": "", "text": "You are very correct, rebalancing is basically selling off winners to buy losers. Of course the thinking is that selling a winner that has already increased 100% on the basis that it has doubled so it is likely to go down in the near future. However, just look at Apple as an example, if you bought Apple in June 2009 for $20 (adjusted price) and sold it as part of rebalancing when it rose to $40 (adjusted price) in September 2010, you would have missed out on it reaching over $95 2 years later. Similarly you look to rebalance by buying assets which have been battered (say dropped by 50%) on the basis that it has dropped so much that it should start increasing in the near future. But many times the price can fall even further. A better method would be to sell your winners when they stop being winners (i.e. their uptrend ends) and replace them with assets that are just starting their winning ways (i.e. their downtrend has ended and are now starting to Uptrend). This can be achieved by looking at price action and referring to the definitions of an uptrend and a downtrend. Definition of an uptrend - higher highs and higher lows. Definition of a downtrend - lower lows and lower highs."}
{"_id": "473508", "title": "", "text": "\"I've heard a franchisee's outlet be described as a \"\"franchise\"\" before, although I agree it sounds a bit off.  I was excited for the second half of that sentence because I thought it would expose some hilarious cultural misunderstanding but no:   &gt; including the payment of royalties  Just good old embezzlement.\""}
{"_id": "473510", "title": "", "text": "You should not buy soley for the dividend. The price of BHP is going down for a reason. If you hold until the full years dividend is paid you will make 11% (which is $110 if you bought $1000 worth of shares), but if the share price keeps dropping, you might lose 50% on the stock. So you make $110 on dividends but lose $500 on stock price drop. A perfect way to lose money."}
{"_id": "473523", "title": "", "text": "No, you can not claim any sort of tax benefit. The main problem is that your parent is not living with you, though even if they were, they would also have to be dependent on you. I cannot find a good definition of 'dependant', but from what I can find, they must have only a trivial amount of income and must rely on you for at least 50% of their living expenses. Useful links include: Note that your parent may (but probably won't) be required to pay taxes on the money you submit to them. I have no experience whatsoever with Indian tax law, just pointing this out as a possibility."}
{"_id": "473530", "title": "", "text": "\"What kind of financial aid?  Today, most \"\"financial aid\"\" consists of loans.  Methinks it better for you to be ineligible for \"\"financial aid\"\" and be able to pay enough that they can cover the difference with their own sweat (their own income) rather than deliberately spending the money and forcing them to take out \"\"low interest\"\" student loans to pay part of the bill. Have you played with FAFSA to see what happens?\""}
{"_id": "473534", "title": "", "text": "Best known classes in Delhi and other parts of India to provide excellent English speaking courses. Learn how to improve English communication at belsenglish. we still talk about English as a language only without realising the ground reality that ours is a peculiar situation"}
{"_id": "473538", "title": "", "text": "If you have the ability to pay online with a guaranteed date for the transaction, go for it. My bank will let me pay a bill on the exact date i choose. When using the mail, of course, this introduces a level of risk.  I asked about rates as the US currently has a near zero short term rate. At 3.6%, $10,000, this is $30/month or $1/day you save by delaying. Not huge, but better in your pocket than the bank's."}
{"_id": "473540", "title": "", "text": "Thanks for sharing. I honestly didn't know about that. At the same time, I have to point out that Detroit is certainly an outlier from the rest of the country. Their housing market appears to have **really** hit rock bottom, so I assume it is the same in the neighboring communities. Some houses in the city itself were selling for like $5, so it stands to reason they had nowhere to go but up."}
{"_id": "473552", "title": "", "text": "\"You could buy options. I do not know what your time horizon is but it makes all the difference due to theta burn. There are weekly, monthly, quarterly, yearly and even longer duration options called leaps. You have decided how long of a time frame. You also have to see what the implied volatility is for the underlying because if you think hypothetically that the price of the spy is 100 dollars currently. Today is hypothetically a Thursday and you buy a weekly option expiring on Friday ( the next day) of strike 100.5 and the call option is priced at .55 cents and you buy it. This means that the underlying has to move .5 dollars in one day to be considered in the money but at time 0, the option should only be worth its intrinsic value which is the underlying, (Say the SPY moved 55 cents up from 100 to 100.55), (100.55) minus the strike (100.5) = 5 cents, so if you payed 55 cents and one day later at expiration its worth 5 cents ,you lost almost 91% of your money, rather with buying and holding you lose a lot less. The leverage is on a 10x scale typically. That is why timing is so important. Anyone can say x stock is going to go up in the future, but if you know ****when**** you can make a killing if it is not already priced into the market. Another thing you can do is figure out how much MSFT contributes to the SPX movement in terms of points. What does a 1% move in MSFT doto SPX. If you can calculate that and you think you know where MSFT is going, you can just trade the spy options synthetically as if it were microsoft. You could also buy msft stock on margin as a retail investor, but be careful. Like Rhaskett said, look into an etf that has microsoft. The nasdaq has a nasdaq-100 which microsoft is in called the triple Q. The ticker is qqq. PowerShares QQQ\u2122, formerly known as \"\"QQQ\"\" or the \"\"NASDAQ- 100 Index Tracking Stock\u00ae\"\", is an exchange-traded fund based on the Nasdaq-100 Index\u00ae. Best of luck and always understand what you are buying before you buy it, JL\""}
{"_id": "473556", "title": "", "text": "\"In the grand scheme of things, Earth is going to be a barren rock and Sol will have turned into a red giant.    \"\"In our lifetimes\"\" is a decent measure of \"\"very long time\"\" when you're talking about things like economics and Moore's Law.\""}
{"_id": "473557", "title": "", "text": "seriously money is debt has to be the most ridiculous comparison i've ever heard. that statement implies commutativity and certainly i would never say debt is money. i could take on debt to get money, but the debt itself is a liability and not an asset.  your last paragraph about fiat money is correct, but i should say that with modern financial markets price discovery isn't some magic voodoo thing."}
{"_id": "473567", "title": "", "text": "\"So you are back to saying that the price Walmart charges for each item depends on the income level of the purchaser.  That's not fair, so neither are taxes based on the income levels of taxpayers.  I don't think road sweepers should be subsidized so they can drive a Rolls Royce car. And I don't think they should be allowed to live in a Rolls Royce location unless they can afford to compensate those they exclude from it.  The fact they currently are is outrageous as it causes a shrunken economy and excessive inequalities.    Real estate bubbles are caused by not have a LVT. Obviously there could be no \"\"bubble\"\" as it would have already been taxed away.\""}
{"_id": "473581", "title": "", "text": "Go to bankrate dot com. They will have a lot of metrics there that might give you an idea and rate each category. Capitalization and profitability metrics. May not be as granular as what you are looking for though."}
{"_id": "473586", "title": "", "text": "\"There obviously is not such a list of companies, because if there were the whole world would immediately invest in them. Their price would rise like a rocket and they would not be undervalued anymore. Some people think company A should be worth x per share, some people think it should be worth y. If the share price is currently higher than what someone thinks it should be, they sell it, and if it is lower than they think it should be they buy it. The grand effect of this all is that the current market price of the share is more or less the average of what all investors together think it should currently be worth. If you buy a single stock, hoping that it's undervalued and will rise, you may be right but you may equally well be wrong. It's smarter to diversify over lots of stocks to reduce the impact of this risk, it evens out.  There are \"\"analysts\"\" who try to make a guess of which stocks will do better, and they give paid advice or you can invest in their funds -- but they invariably do worse than the average of the market as a whole, over the long term. So the best advice for amateurs is to invest in index funds that cover a huge range of companies and try to keep their costs very low.\""}
{"_id": "473588", "title": "", "text": "Uh why?  That's just going to make games cost more and take longer to make. More so its very likely this console gets any real market share.  As if its x86 based it's basically forced to compete with Xbox and PS graphics wise."}
{"_id": "473596", "title": "", "text": "Half A Rice studio is the photo studio situated in the Houston, Texas provide the services of photo shoot for bridal, engagement and family photo also.  It is also provide the service of Houston Wedding Vendor . It provide the best wedding vendor services with the best amenities and in the your pocket friendly budget."}
{"_id": "473599", "title": "", "text": "What's a good proxy for the return of the market when utilizing CAPM for a WACC build up? I know I could rip data from Domadaran, but I'd like to calculate it for myself. Maybe S&amp;P 500 earnings yield plus the 10yr? Also don't like taking the round assumption of 7%."}
{"_id": "473605", "title": "", "text": "I'd certainly take a look at companies like UK Forex for transferring funds internationally.  Even if you get free wire transfers, the currency rates banks offer can be bad. My experience was transferring from NatWest to an Australian bank - saved my self hundreds of pounds by not using their swift service."}
{"_id": "473635", "title": "", "text": "Correct.  Prior to 2011, new members under the pension plans in IL had automatic annual step-ups of 3%.  Historic, annual pension payouts are growing at 2x the rate of inflation for anyone grandfathered in.  Not to mention that many are taking multiple pensions or have [previously used tricks like taking a job for 1 day to raise their lifetime pension income payout level](http://www.chicagotribune.com/g00/news/opinion/editorials/ct-teacher-pension-court-edit-0324-20150323-story.html?i10c.referrer=https%3A%2F%2Fwww.google.com%2F).  The unions and democrats basically raped the state and the taxpayer has been clueless until the chickens came home to roost.  The state is so blue/democratic that Gov. Rauner is almost at a disadvantage by default.  He's fighting an uphill battle."}
{"_id": "473641", "title": "", "text": "This is fraud and could lead to jail time. The vast majority of people cannot obtain such loans without collateral and one would have to have a healthy income and good credit to obtain that kind of loan to purchase something secured by a valuable asset, such as a home. Has this been done before?  Yes, despite it being the US, you may find this article interesting.     Hopefully, you see how the intent of this hypothetical situation is stealing."}
{"_id": "473644", "title": "", "text": "I used to use Quicken, but support for that has been suspended in the UK.  I had started using Mvelopes, but support for that was suspended as well!  What I use now is an IPhone app called IXpenseit to track my spending."}
{"_id": "473647", "title": "", "text": "Other answers are already very good, but I'd like to add one step before taking the advice of the other answers... If you still can, switch to a 15 year mortgage, and figure out what percentage of your take-home pay the new payment is.  This is the position taken by Dave Ramsey*, and I believe this will give you a better base from which to launch your other goals for two reasons: Since you are then paying it off faster at a base payment, you may then want to take MrChrister's advice but put all extra income toward investments, feeling secure that your house will be paid off much sooner anyway (and at a lower interest rate). * Dave's advice isn't for everyone, because he takes a very long-term view.  However, in the long-term, it is great advice.  See  here for more. JoeTaxpayer is right, you will not see anything near guaranteed yearly rates in mutual funds, so make sure they are part of a long-term investing plan. You are not investing your time in learning the short-term stock game, so stay away from it.  As long as you are continuing to learn in your own career, you should see very good short-term gains there anyway."}
{"_id": "473652", "title": "", "text": "Think of your stupid, most incompetent friend.  Now think if you want them to support themselves, if you want to personally support them for the rest of their lives, or if you want them to die so they aren't a burden.  That's really what it all boils down to.  Even if we make the assumption that the person's bad results are due to their stupid decisions (not due to their stupid biology but their stupid choices),  then the answer is what?  They die, somebody else takes care of them, they take care of themselves.  If taking care of yourself requires a really good brain, excellently made choices, and a superior work attitude, then a lot of people will fail.   If taking care of yourself can be done with a poor brain, a variety of bad choices, and a simple willingness to work, then a lot of people will succeed."}
{"_id": "473658", "title": "", "text": "ETFs offer the flexibility of stocks while retaining many of the benefits of mutual funds. Since an ETF is an actual fund, it has the diversification of its potentially many underlying securities. You can find ETFs with stocks at various market caps and style categories. You can have bond or mixed ETFs. You can even get ETFs with equal or fundamental weighting. In short, all the variety benefits of mutual funds. ETFs are typically much less expensive than mutual funds both in terms of management fees (expense ratio) and taxable gains. Most of them are not actively managed; instead they follow an index and therefore have a low turnover. A mutual fund may actively trade and, if not balanced with a loss, will generate capital gains that you pay taxes on. An ETF will produce gains only when shifting to keep inline with the index or you yourself sell. As a reminder: while expense ratio always matters, capital gains and dividends don't matter if the ETF or mutual fund is in a tax-advantaged account. ETFs have no load fees. Instead, because you trade it like a stock, you will pay a commission. Commissions are straight, up-front and perfectly clear. Much easier to understand than the various ways funds might charge you. There are no account minimums to entry with ETFs, but you will need to buy complete shares. Only a few places allow partial shares. It is generally harder to dollar-cost average into an ETF with regular automated investments. Also, like trading stocks, you can do those fancy things like selling short, buying on margin, options, etc. And you can pay attention to the price fluctuations throughout the day if you really want to. Things to make you pause: if you buy (no-load) mutual funds through the parent company, you'll get them at no commission. Many brokerages have No Transaction Fee (NTF) agreements with companies so that you can buy many funds for free. Still look out for that expense ratio though (which is probably paying for that NTF advantage). As sort of a middle ground: index funds can have very low expense ratios, track the same index as an ETF, can be tax-efficient or tax-managed, free to purchase, easy to dollar-cost average and easier to automate/understand. Further reading:"}
{"_id": "473687", "title": "", "text": "It is fine to think about options you may have when X to Y years down the road you move out of the condo. The reason you move may be kids, or job opportunities,  or a shorter commute, or wanting to move back to Germany. The thing is that nobody can tell you what the investment situation may be when you move out of the unit. You may want to sell, you may need to sell; but the market may say no way to sell and get back what you owe - so you have to become a landlord. Or the prices could go through the roof, and selling makes the most sense. In those ten years the local market could crater because the water system is full of lead (see Flint Michigan), or the biggest industry moves. Other bad things could be overbuilding so that there are too many condos on the market. On the good side the neighborhood could become the place that young people graduating college in the mid 2020s want to live. Of course you can't ask them because they are currently in 6th grade. Decide what make sense for you now. What is the likelihood that you will have to move in 2-3 years. What about 3-7 years.  I would only start evaluating the investment part if I had lived there awhile and now had to plan what to do when we are ready to move out a year or two from then."}
{"_id": "473688", "title": "", "text": "What You Need To Know Before Having A Dental Implant Dentist Dr. Aisha Ahmed and her team Explains: Dental Implants are the best and most innovative treatment dentistry has to offer. If you are missing one tooth or several teeth and want replacements that look, function and feel like natural teeth Dental Implants are your answer."}
{"_id": "473692", "title": "", "text": "What you are suggesting will not work. Banks have strict guidelines about what they can and cannot do with an FHA loan property. Remember the FHA is only an insurance policy to the bank saying that if you default they will cover a high percentage of the loan.  The bank won't take the risk of violating their insurance policy and the government refusing to pay them off if you default. Instead, consider doing a creative sale on your property, maybe a rent to own deal or owner financing. As long as you pay the mortgage the bank won't even know you don't live there and you can rent the house out to someone who eventually will buy it after the timeframe expires. Meanwhile you can go and get a new home or condo either thru regular financing or owner financing(search the internet to see how to do this) and you can use owner financing until you complete the sale of the first house. Otherwise just tough it out in the house you are in until the time expires and then sell. You made no mention of the property value but I am assuming if you bought it 3 years ago that you may have a little equity. Pleas note that if you sell at that time though you will likely have to come out of cash because your equity won't cover the realtor fee and closing cost. But if you do the rent to own I suggested earlier you can sell at a slightly higher price making sure you can cover those cost. I realize this answer is a little out the box but I deal with people who don't want properties all day and I have completed transactions like this many times. Good Luck and God Bless!"}
{"_id": "473698", "title": "", "text": "The amount of money spent on compliance to prevent insider trading alone probably dwarfs the cost it may impose on the markets.   But separately from that, the information that insider has is obviously going to get out, right? If it were spread through word of mouth heterogeneously and not released to all market participants at once, you eliminate or greatly diminish the value of ultra high frequency trading, which has become a useless arms race that probably doesn't add much value to society.  In the world of information, there's no clear marking that says *public* and *non-public*, but rather many shades between. I just don't think it's really worth pursuing except in the case of actual company insiders. We should be focusing our limited energy elsewhere, in my opinion."}
{"_id": "473712", "title": "", "text": "\"If you're in the US then no.  You cannot enter a binding contract therefore you will not get a loan from a bank. Cosigner or no cosigner, anything to do with a loan and a bank will not involve you.  Your parents can get a loan, then they can give you the money, then you can pay them for their payments, but none of that means the loan has anything to do with you.  It's their loan, if they default it's on them. Given your age, you probably will ignore everyone else's advice here about this trip being a bad idea if you can't afford it, but you should reconsider it.  You will be paying for this trip long after the fun and excitement has worn off.  This is the cycle that sends alot of families into bankruptcy, and it's a horrible habit to learn so young.  \"\"Loan\"\" shouldn't even be in your vocabulary dealing with anything other than a library book.\""}
{"_id": "473720", "title": "", "text": "But that's the point. Financial analysts may have to make adjustments to get closer to some idea of true value. Auditors should assure comparability by testing adherence to sometimes arbitrary rules that at least are common (if the world outside the US doesn't exist, or the world doesn't include the US)."}
{"_id": "473721", "title": "", "text": "I can personally recommend MoneyWell. I've been using it for about a month now, and version 1.5 that was just released is a great upgrade from the previous version. The developer was very responsive during the open beta period, and from what I understand an iPhone version is in the works. (and no, I don't work for the publisher!) That aside, I've used a few other packages. I tried out iBank, which was fairly nice, but the account downloading functionality left a lot to be desired. I come from a MS Money background, and I am used to a seamless, reliable download scheme, and iBank's was (unfortunately) neither. Otherwise the interface was very nice. I had settled on MoneyDance before I found MoneyWell, and it's a pretty nice package. Unfortunately it's a Java application and doesn't adhere to most OSX interface practices. While the account downloading is substantially better than iBank's, the ugly interface made moving away from it fairly easy once I found something that had feature parity."}
{"_id": "473746", "title": "", "text": "\"If you do not want to learn basic history of what \"\"russia\"\" was 300 year ago, I can tell you only that Ukraine is totally different country from that \"\"Nigeria with snow\"\" as Moscow emigre Sergei Brin called it\""}
{"_id": "473753", "title": "", "text": "Except for the fact that you've said nothing but racist bullshit for 2 days. So I can say for sure that's not it, even though I hear you have black friends.   Seriously, how long are you going to spend trying to convince me that your stupid racist ideas are not as retarded as you are? You're wrong and a racist. Go away."}
{"_id": "473761", "title": "", "text": "\"This might get closed as an \"\"opinion\"\" question. Tough to say up front.  You are kind to be willing to do this, and if just you and GF, it would be simple, split the costs the same as the ratios of your incomes. Say you have twice her income. You pay 2/3 of bills and she pays 1/3. In effect, you are subsidizing her, but this is often the case for working married couples, one earning more than another.  But, this will mean subsidizing the friend as well. In theory, he has 1BR, and should pay 1/2 rent, 1/3 utilities and common food, etc. If he makes 1/2 your income, and so does GF, for simple math, he'll pay 1/4 of rent and utilities. That's an emotional issue, will you be ok with that? You'll be subsidizing a friend, instead of having a stranger pull their own weight.\""}
{"_id": "473765", "title": "", "text": "\"The three basic needs are food, clothing, and shelter. Housing falls into the third category. Because it is \"\"basic,\"\" housing takes up a large part of one's disposable income. The rule of thumb is that you shouldn't spend more than 25% of your income on rent or mortgages. And that is income BEFORE taxes. Anything much more than that takes up too much of one's budget. You simply CAN'T double housing's share of the budget from 25% to 50%. Whereas, it's easy to go from 1% to 2% for say, a cellphone upgrade. In the long run, housing prices are constrained by the size of people's housing budgets, which in turn are tied to incomes. Nowadays, that includes FOREIGN buyers. So there may be a case where west coast housing prices are driven up by Asian buyers, or Florida housing by buyers from Latin America, driving Americans out of local markets.\""}
{"_id": "473776", "title": "", "text": "Because someone smarter than you by 50 IQ points (a quant) will depart their larger position long before you have a chance to see it coming. Your stop losses are useless as the market will open with the issue below your sell price. Your trade even if place at the same mine would settle after theirs. don't piss in the tall grass with the big dogs. If they are wrong or right does not matter you will be haircut or whipsawed."}
{"_id": "473798", "title": "", "text": "\"Going private does not mean that the company buys its own shares, only that the freely traded shares are bought up by a private entity (this can be management =&gt; \"\"management buy-out\"\" or it can be a private investor). The stock is then not traded publicly and the company gets rid of a whole slew of compliance obligations.   In your stated example the company would essentially convert all its stock to treasury stock, which does not pay dividends and has no voting rights. From what I gather from some googling this would actually imply that the company would liquidate itself since it now has no capital anymore. Not sure on this though, an accountant might be able to help here...\""}
{"_id": "473805", "title": "", "text": "The gold standard didn't work because of the following process:  * Start with 10oz of Gold. * Deposit in Bank A * Bank lends out 9 oz of Gold Certificates * Gold certificates deposited in Bank B * Bank B lends out 8oz of Gold Certificates * etc.  Now at the end of all this we have a lot of gold certificates.  This is called the [Money Multiplier](http://en.wikipedia.org/wiki/Money_multiplier) effect.  What if someone wants to take their gold certificates and buy a boat made in Europe?  Well.  If they spend 5 gold certificates on that boat then the certificates land in the European bank who requests gold to be shipped from America to pay for it.    Suddenly America's bank reserves collapse and there is a very sharp credit contraction as all the banks stop lending because they are out of reserves that back their gold certificates.  If the person had actual coins he was using to buy the boat, only his consumption would be reduced and it wouldn't cause damage throughout the whole financial system.  So basically wherever you have fractional reserve banking, gold backed monetary systems will fail.  Anywhere you criticize fractional reserve banking your theory will be basically ignored because criticizing banking gets you nowhere in economics career-wise.  Praising derivatives and all sorts of hair-brained financial innovations will win you awards and prizes and guest appearances on CNBC though."}
{"_id": "473809", "title": "", "text": "\"It depends on the role you take. If you go into front office investment banking, there's no avoiding horrible hours as an analyst (slightly less terrible as associate, less terrible still as VP, etc.).  If you're doing corporate finance for for a F500 or otherwise large company, it doesn't have to be terrible -- from what I understand, you'll get busy periodically but for the most part your schedule is consistent and you have agency over your weekends.  \"\"Finance\"\" is a broad term that encompasses many different roles at many different institutions. In general, the closer to the \"\"client\"\" you are, the less hours you can expect in general (simply because even large corporations' M&amp;A departments do far fewer transactions per month / year than do investment banking groups). But no, you don't have to expect 80-100 hour weeks by virtue of going into \"\"finance\"\".\""}
{"_id": "473835", "title": "", "text": "\"You don't mention what kind of insurance you're talking about, but I'll just address one angle on the question. For some kinds of insurance, such as health insurance (in the US), auto insurance, and homeowner's insurance, you may be insuring against an event that you would not be able to pay for without the insurance.  For instance, if you are at fault in a car accident and injure someone, they could sue you for $100,000.  A lot of people don't have $100,000.  So it's not even a matter of \"\"I'll take the risk of having to pay it when the time comes\"\"; if the time comes, you could lose virtually everything you own and still have to pay more from future earnings.  You're not just paying $X to offset a potential loss of $Y; you're paying $X to offset a potential derailment of your entire life.  It is plausible that you could assign a reasonable monetary value to that potential \"\"cost\"\" that would mean you actually come out ahead in the insurance equation. It is with smaller expenses (such as insuring a new cellphone against breakage) that insurance becomes harder to justify.  When the potential nonfinancial \"\"collateral damage\"\" of a bad event are less, you must justify the insurance expenses on the financial consequences only, which, as you say, is often difficult.\""}
{"_id": "473852", "title": "", "text": "No, but I have blinds that I close at night, and I don't live in a house made of glass to make it easier for them to see everything all at once.   Most importantly, I don't put video cameras in the windows and send the feed to Facebook trusting they'll do the right thing with it."}
{"_id": "473865", "title": "", "text": "\"Respectfully, I am of the opinion that you are mixing issues.  Paying a mortgage off early vs investing is a question that's been well discussed at Money.SE. If you project a higher tax adjusted return on the investments than your current mortgage rate, invest. Else, pay the mortgage down.  If the rent covers the mortgage, you can maintain the investing. It doesn't matter for this discussion if the rent produces a profit, so long as all expenses are covered.  Renting aside, in the US, now, my mortgage is 3.5%. 2.6% after taxes. So long as I expect a return well above this level long term, I'll stay investing, and let the mortgage die its slow death. Another decade or so.  I'm sorry I can offer a formula, it's \"\"less\"\" \"\"about the same\"\" or \"\"more.\"\" The mortgage is fixed, right? But the market return is unknown.\""}
{"_id": "473868", "title": "", "text": "This is what I said:  &gt; The rich allocated the resources necessary for you to travel, live your life, and contribute to society, yes.  I never once implied they weren't being compensated for doing that, however, treasuries do have a very, very low yield compared to other investments. Their appeal is their safety, not their yield."}
{"_id": "473877", "title": "", "text": "\"What other cities can offer in a tight package, Detroit can only offer if Amazonians are wiling accept major compromises and hour drives.   Detroit proper is exceptionally weak on the talent Amazon needs, so you have to include the suburbs. Even then, it's nowhere near the most educated metro. So, then, you have to start saying, \"\"...but Ann Arbor...\"\" That's close to an hour away in traffic.   Detroit can offer land, but there are all sorts of issues with it as locals are well aware: high taxes, high crime, remediation needed. Plus the schools are poor, so many Amazonians would end up living deep in the suburbs and driving to work, rather than walking or riding transit.  The airport is another issue. It's an OK airport, but it's about as convenient as Denver's (it's not convenient).   Transit, as you mentioned, is another issue. Transit in Detroit is absolutely sub par.   No matter how you weigh the priorities, Detroit always ends up weaker than one or more of the alternatives. Add to that the reality that many people do not want to move to or live in Detroit...  &gt;we'd be on par with most other metros  This is what locals want to believe, but many also seem to be of the wrong opinion that Detroit will be up to the level of Seattle in a handful of years. Detroit is nowhere near competitive at this point.\""}
{"_id": "473878", "title": "", "text": "The other answers touch on why having two-factor auth or some other additional system is not worth it compared to simple reactive systems (cancelling lost cards, reversing fraudulent charges etc), but it should also be noted that this goal can be achieved with a method similar to what you describe.  My bank (TD Canada Trust) has an app (I'm on android) that gives you a notification immediately after your card is charged (even test charges like at the gas station).  It's really simple, does not slow down authorization, and makes fraud detection super easy.  (I'm sure some other banks have similar apps)."}
{"_id": "473883", "title": "", "text": "NB - I live in Surrey and bought my house in January 2014. If you don't have a very social life, it does pay to stay outside London. Places outside London are cheap and you will get a better deal in relation to houses or flats as compared to London. I feel very priced out of the market regarding London mortgages I will strongly question you logic behind this ? Why only London ? Why not live in the commuter belt outside London. Good places to reside, good schools, nice neighbourhood and away from the hustle and bustle of London. Many of my colleagues commute from Cambridge and Oxford daily into Central London and they laugh at people who want to buy a house in London, just for the sake of buying a house. It seems that the housing market is generally in a bubble due to being distorted by the finance market London house market is different from the rest of UK. People from overseas tend to invest in London property market, so it is always inflated. Even the property tax hasn't deterred many. I could look into buying somewhere and renting it out You are trying to join the same people, because of whom you have been put out of the housing market. I strictly question this logic unless your mortgage is less than the rent you pay and what rent you get. Buy a roof over your head first, then think of profiting from property."}
{"_id": "473894", "title": "", "text": "Please don't forget survivorship bias. the same strategy and don't get lucky; we just never hear about them. Of course the most successful one is going to be the most well known, even if it's just lucky. You can never actually know."}
{"_id": "473907", "title": "", "text": "There are ups and downs to doing this.  This isn't a taxable gain, because it's borrowed money that will be repaid. Whether there are restrictions or not depends upon your contract with the seller and your bank. If the concessions are for health & safety related repairs, your bank may require you to complete the work before closing or within a certain period of time. Overall: Upsides Downsides"}
{"_id": "473912", "title": "", "text": "Which is exactly why politicians get away with murder in this arena.  People need and want simple answers.  They will grab onto the first person who offers them a simple answer, even if the answer has nothing whatever to do with the problem."}
{"_id": "473925", "title": "", "text": "To the best of my knowledge, there's no firm date requirement. The fiscal year for the US Federal Government starts on October 01, but if my memory serves me right, last time a budget was approved before the fiscal year started was during the Clinton administration."}
{"_id": "473936", "title": "", "text": "Ditto Bill and I upvoted his answer. But let me add a bit. If everyone knew exactly what the risk was for every investment, then prices would be bid up or down until every stock (or bond or derivative or whatever) was valued at exactly risk times potential profit. (Or more precisely, integral of risk times potential profit.) If company A was 100% guaranteed to make $1 million profit this year, while company B had 50% change to make a $2 million profit and 50% to make $0, and every investor in the world knew that, then I'd expect the total price of all shares of the two stocks to stabilize at the same value. The catch to that, though, is that no one really knows the risk. The risk isn't like, we're going to roll a die and if it comes up even the company makes $1 million and if it comes up odd the company makes $0, so we could calculate the exact probability. The risk comes from lack of information. Will consumers want to buy this new product? How many? What are they willing to pay? How capable is the new CEO? Etc. It's very hard to calculate probabilities on these things. How can you precisely calculate the probability that unforeseen events will occur? So in real life prices are muddled. The risk/reward ratio should be roughly sort of approximately linear, but that's about the most one can say."}
{"_id": "473948", "title": "", "text": "I'm not sure it's a great idea to help spread ideas about that way of thinking by putting that whole ideology in a Reddit title and then upvoting it.    I know the idea is presumable supposed to be to shame Marc Fabor, but if I was a racist who wanted to help spread this kind of vision of America, I would also upvote it because it's helping to promote a racist philosophy."}
{"_id": "473949", "title": "", "text": "\"Many of my friends said I should invest my money on stocks or something else, instead of put them in the bank forever. I do not know anything about finance, so my questions are: First let me say that your friends may have the best intentions, but don't trust them. It has been my experience that friends tell you what they would do if they had your money, and not what they would actually do with their money. Now, I don't mean that they would be malicious, or that they are out to get you.  What I do mean, is why would you take advise from someone about what they would do with 100k when they don't have 100k. I am in your financial situation (more or less), and I have friends that make more then I do, and have no savings. Or that will tell you to get an IRA -so-and-so but don't have the means (discipline) to do so. Do not listen to your friends on matters of money. That's just good all around advise. Is my financial status OK? If not, how can I improve it? Any financial situation with no or really low debt is OK. I would say 5% of annual income in unsecured debt, or 2-3 years in annual income in secured debt is a good place to be. That is a really hard mark to hit (it seems). You have hit it. So your good, right now. You may want to \"\"plan for the future\"\". Immediate goals that I always tell people, are 6 months of income stuck in a liquid savings account, then start building a solid investment situation, and a decent retirement plan. This protects you from short term situations like loss of job, while doing something for the future.   Is now a right time for me to see a financial advisor? Is it worthy? How would she/he help me? Rather it's worth it or not to use a financial adviser is going to be totally opinion based. Personally I think they are worth it. Others do not. I see it like this. Unless you want to spend all your time looking up money stuff, the adviser is going to have a better grasp of \"\"money stuff\"\" then you, because they do spend all their time doing it. That being said there is one really important thing to consider. That is going to be how you pay the adviser. The following are my observations. You will need to make up your own mind.  Free Avoid like the plague. These advisers are usually provided by the bank and make their money off commission or kickbacks. That means they will advise you of the product that makes them the most money. Not you.  Flat Rate These are not a bad option, but they don't have any real incentive to make you money. Usually, they do a decent job of making you money, but again, it's usually better for them to advise you on products that make them money. Per Hour These are my favorite. They charge per hour. Usually they are a small shop, and will walk you through all the advise. They advise what's best for you, because they have to sit there and explain their choices. They can be hard to find, but are generally the best option in my opinion.   % of Money These are like the flat rate advisers to me. They get a percentage of the money you give them to \"\"manage\"\". Because they already have your money they are more likely to recommend products that are in their interest. That said, there not all bad. % or Profit These are the best (see notes later). They get a percentage of the money they make for you. They have the most interest in making you money. They only get part of what you get, so there going to make sure you get the biggest pie, so they can get a bigger slice. Notes In the real world, all advisers are likely to get kickbacks on products they recommend. Make sure to keep an eye for that. Also most advisers will use 2-3 of the methods listed above for billing. Something like z% of profit +$x per hour is what I like to see. You will have to look around and see what is available.  Just remember that you are paying someone to make you money (or to advise you on how to make money) so long as what they take leaves you with some profit your in a better situation then your are now. And that's the real goal.\""}
{"_id": "473957", "title": "", "text": "Savings accounts have lower fees. If you don't anticipate doing many transactions per month, e.g. three or fewer withdrawals, then I would suggest a savings account rather than a checking account. A joint account that requires both account holder signatures to make withdrawals will probably require both account holders' signature endorsements, in order to make deposits. For example, if you are issued a tax refund by the U.S. Treasury, or any check that is payable to both parties, you will only be able to deposit that check in a joint account that has both persons as signatories. There can be complications due to multi-party account ownership if cashing versus depositing a joint check and account tax ID number. When you open the account, you will need to specify what your wishes are, regarding whether both parties or either party can make deposits and withdrawals. Also, at least one party will need to be present, with appropriate identification (probably tax ID or Social Security number), when opening the account.  If the account has three or more owners, you might be required to open a business or commercial account, rather than a consumer account. This would be due to the extra expense of administering an account with more than two signatories. After the questioner specified interest North Carolina in the comments, I found that the North Carolina general banking statutes have specific rules for joint accounts: Any two or more persons may establish a deposit account...   The deposit account and any balance shall be as joint tenants...   Unless the persons establishing the account have agreed with the bank   that withdrawals require more than one signature, payment by the bank   to, or on the order of (either person on) the account satisfys the bank's obligation I looked for different banks in North Carolina. I found joint account terms similar to this in PDF file format, everywhere, Joint Account: If an item is drawn so that it is unclear whether one payee\u2019s   endorsement or two is required, only one endorsement will be    required and the Bank shall not be liable for any loss incurred by the   maker as a result of there being only one endorsement. also  Joint accounts are owned by you individually or jointly with others.   All of the funds in a joint account may be used to repay the debts of   any co-owner, whether they are owed individually, by a co-owner,   jointly with other co-owners, or jointly with other persons or   entities having no interest in your account. You will need to tell the bank specifically what permissions you want for your joint account, as it is between you and your bank, in North Carolina."}
{"_id": "473959", "title": "", "text": "I agree with you 100%!  &gt;they've all just taken advantage so that wages haven't kept up and they've essentially pocketed the difference, or passed it on to their customers. Now people have less money to buy health insurance, and those near the bottom will now have to rely on the government to assist with providing health insurance.  I think this is exactly what is happening today.   &gt; That last part is important, though, I would need to get all the breaks my employer gets for providing myself with health insurance.  I believe up until Obamacare, people couldn't. Also, as a general rule a business can claim a tax deduction for the salary, wages, commissions, bonuses, and other compensation it pays to its employees."}
{"_id": "473963", "title": "", "text": "\"I was wondering how do we calculate the total capital of a company? Which items should I look for in the financial statements? Total capital usually refers to the sum of long-term debt and total shareholder equity; both of these items can be found on the company's balance sheet. This is one of the calculations that's traditionally used when determining a company's return on capital.  I'll use the balance sheet from Gilead Sciences' (GILD) 2012 10-K form as an example. Net long-term debt was $7,054,555,000 and total stockholder equity was $9,550,869,000 which should give a grand total of $16,605,424,000 for total capital. (I know you can do the math, but I always find an example helpful if it uses realistic numbers).  You may sometimes hear the term \"\"total capital\"\" referring to \"\"total capital stock\"\" or \"\"total capital assets,\"\" in which case it may be referring to physical capital, i.e. assets like inventory, PP&E, etc., instead of financial capital/leverage. And how do I calculate notes payable? Is the same as accounts payable? As the word \"\"payable\"\" suggests, both are liabilities. However, I've always been taught that accounts payable are debts a business owes to its suppliers, while notes payable are debts a business owes to banks and other institutions with which it has signed a formal agreement and which use formal debt instruments, e.g. a loan contract. This definition seems to match various articles I found online.  On a balance sheet, you can usually determine notes payable by combining the short-term debt of the company with the current portion of the long-term debt. These pieces comprise the debt that is due within the fiscal year. In the balance sheet for Gilead Sciences, I would only include the $1,169,490,000 categorized as \"\"Current portion of long-term debt and other obligations, net\"\" term, since the other current liabilities don't look like they would involve formal debt contracts.  Since the notes payable section of GILD's balance sheet doesn't seem that diverse and therefore might not make the best example, I'll include the most recent balance sheet Monsanto as well.1 Monsanto's balance sheet lists a term called \"\"Short-term debt, including current portion of long-term debt\"\" with a value of $36 million. This looks like almost the exact definition of notes payable. 1. Note that this financial statement is called a Statement of Consolidated Financial Position on Monsanto's 10-K.\""}
{"_id": "473965", "title": "", "text": "People normally hold precious metals as a protection against the whole system going down: massive inflation, lawlessness, etc.  If our whole government and financial system broke completely and we returned to a barter economy, then holding silver would likely turn out to be a good thing. However, precious metals are not very good hedges against individual calamity, like losing your job.  They are costly and inconvenient to sell and the price of these metals fluctuates wildly, so you could end up wanting to sell just when the metal isn't worth much. I'd say having some precious metal isn't unreasonable, but it should not make up a major portion of one's total net worth.  If you want protection against normal problems, especially as a person of limited means, start with an emergency savings account and paying down debt.  That way fixed costs will be less likely to turn an unfortunate turn of events into a personal catastrophe."}
{"_id": "473978", "title": "", "text": "\"The technical term for it is \"\"timing the market\"\" and if you can pull it off correctly, you will do quite well. The problem is that it is almost impossible to consistently do well. If it were that easy there would be a lot of billionaires walking around. Even Wall street experts haven't been able to predict the market that well. This idea is almost universally considered a bad idea. Consider this: When has the stock dropped low enough that you are \"\"buying low\"\" and let's say you do buy low and it doubles in a month. When do you get out? What if you are wrong and it doubles again? Or if it drops 10% do you keep waiting? This strategy is rife with problems.\""}
{"_id": "474006", "title": "", "text": "If you have a long enough time horizon, investing in the stock market while in a bad economy can turn out to be a very smart decision. If you need access to your capital in the short-term, 1-2 years, then it is probably a bad decision. If you have the ability to ride out the next few years, then you may be buying securities at an extremely low valuation. Take AAPL and MSFT for example. These are both technology stocks, which is by far the hottest sector in the economy now, and you can buy both of these companies for less than 13x earnings. Historically, you would have had to pay 20x or higher for high tech growth companies, but today you can buy these stocks at discounted valuations. Now AAPL may have a large market capitalization and a high stock price, but the simple fact is they are growing their earnings very quickly, they have best in class management, and they have $100 billion in cash and $50 billion in annual cash flow generation and you can buy the stock for a historically low multiple."}
{"_id": "474007", "title": "", "text": "Considering that they are paying non-waitstaff 2.13/hr is a pretty good indication that they are looking at the (short term) bottom line, employee satisfaction (and service) be-damned.  While pushing people to part-time status might not have been 'in the parking lot', I'd be willing to bet that cutting costs in any legal manner possible is probably right in the decision maker's wheelhouse.  This approach can make a lot of sense...if you aren't in the service industry."}
{"_id": "474042", "title": "", "text": "The benefit of paying into a pension is that the payment is effectively made from pre-tax money. Either you pay from your own pocket and then you get income tax relief on the payment, i.e. your gross salary is reduced by the gross pension contribution and income tax is recalculated with the excess either refunded to you or put in your pension (the details are a bit more complicated depending on your marginal tax rate, but the end result is the same). Or your company pays, and then you are never charged tax on the payment in the first place. From the company's point of view, the two are roughly the same. Either it pays you who then pays into your pension, or it pays straight into your pension. Either way the money going out from the company is treated as a cost that is offset against the company's revenue, reducing the amount of corporation tax the company has to pay. There are some National Insurance advantages to paying directly into the pension; neither you nor the company gets relief on NI if the payment goes via you, but no NI is paid in the first place if it goes direct from the company. [EDIT: your question is actually worded to suggest that you want to lend your company money from your own pocket, and then have that loan directly discharged by the company paying into your pension. That's no different to you just paying into your pension directly, and wouldn't have any better tax implications. For the rest of my answer, I assume that the idea is actually to lend your company money that it uses to make an immediate contribution to your pension (as part of your pay from that company), and then the company will repay the loan later by returning the money to you personally. Your pension and you are two separate entities legally.] However, in your case, what you're proposing is that the company should effectively make a loss paying into your pension: it's going to end up with more costs than revenue. So, there won't be any immediate tax saving because there wasn't revenue to pay corporation tax on in the first place. You also won't save tax because the loan will be made from previously taxed income or whatever.  However, there will be a tax loss that can be carried forward and offset against future profits, so if you expect the company to make money in future to repay the loan, you might end up saving some corporation tax. You can also sometimes carry a tax loss back one year, so if your company had profits last year you could get some corporation tax back immediately. The repayment of the loan itself won't be subject to income tax as it's not income. So unless you can carry the loss back, you won't get any immediate tax relief by doing this, but it might give you a way to carry forward your annual allowance to future years, i.e. use it now and get the tax advantage later. However, the annual allowance can already be carried forward by up to three years, so this is only worthwhile if you expect that future revenue to repay the loan to arrive more than three years later. Also, this is only worthwhile if you'll continue to max out the annual allowance for paying into your pension in future years, otherwise you might as well just make the pension payment using that same revenue in future years. However, even if this beneficial tax-wise, I'm not sure if it's actually allowed; this might be viewed as an artificial transaction to avoid tax, and that could lead to HMRC disallowing the future tax relief. You might need to ask HMRC or an accountant about that. If you do make the loan, make sure it's clearly documented so you can show in future why the repayment shouldn't be treated as income."}
{"_id": "474050", "title": "", "text": "Set him up to take credit cards just as a convenience thing, and he can advertise that he accepts all major credit cards.    I've been helping my mother set up farmers to do this at the Farmer's  Market she manages.  [Squareup](https://squareup.com/) is ridiculously easy to set up.  You just need a smart phone (iphone or android based) and one of their little square reader thingies that fit into the audio jack, an email, and bank account routing info.  Set up time is ten minutes the first day, 3 minutes once the confirmation info is accounted for.  You can buy the readers at Walgreens...Best Buy...lots of random places, and Squareup reimburses you the $10 cost of the reader so it ends up being free.  I made a test account and I was able to receive funds directly into my bank account within about 4 days."}
{"_id": "474057", "title": "", "text": "You will need to look at the 27.5 year depreciation table from the IRS. It tells you how you will be able to write off the first year. It depends on which month you had the unit ready to rent. Note that that it might be a different month from when you moved, or when the first tenant moved in. Your list is pretty good. You can also claim some travel expenses or mileage related to the unit. Also keep track of any other expenses such as switching the water bill to the new renter, or postage.  If you use Turbo tax, not the least expensive version, it can be a big help to get started and to remember how much to depreciate each year."}
{"_id": "474059", "title": "", "text": "Since there was no sale, where does the money actually come from? From the refinancing bank. It's a new loan. How does a bank profit from this, i.e. why would they willingly help someone lower their mortgage payments? Because they sell a new loan. Big banks usually sell the mortgage loans to the institutional investors and only service them. So by creating a new loan - they create another product they can sell. The one they previously sold already brought them profits, and they don't care about it. The investors won't get the interest they could have gotten had the loan been held the whole term, but they spread the investments so that each refi doesn't affect them significantly. Credit unions usually don't sell their mortgages, but they actually do have the interest to help you reduce your payments - you're their shareholder. In any case, the bank that doesn't sell the mortgages can continue making profits, because with the money released (the paid-off loan) they can service another borrower."}
{"_id": "474085", "title": "", "text": "\"I don't know, 'death nail' sounds kind of cool.  Imagine it in a mobster movie - \"\"You have failed us for the last time, Luigi, and earned... *the death nail*.\"\"  (Then the mobster hammers a black nail into Luigi's skull and leaves the corpse in front of the apartment building as a message to the others.)\""}
{"_id": "474088", "title": "", "text": "Text Book values drop rather rapidly and fluctuate quite a bit based on when you are selling (January and August-September when semesters generally start) them. I generally sell my old text books on Amazon for 10-15% less than the peak price over the last 6 months or a year if that much data is available (I use camelcamelcamel.com to get historical data). They generally sell pretty quick so I would say it is a fair price."}
{"_id": "474105", "title": "", "text": "\"As others have mentioned, it's important that there is a fair assessment of the market value of the items being donated.  Joel's point about the government not looking kindly upon overvalued donations also applies in Canada: the CRA doesn't look kindly upon donation schemes such as \"\"buy-low, donate-high arrangements.\"\" Since nobody has offered up authoritative information for Canada yet, here's something to look at: Excerpts: 3) Gifts in kind of a taxpayer   include capital property, depreciable   property, personal-use property ... [...]   6) The fair market value of a gift in   kind as of the date of the donation   (the date on which beneficial   ownership is transferred from the   donor to the donee) must be determined   before an amount can be recorded on a   receipt for tax purposes. [...]  The   person who determines the fair market   value of the property must be   competent and qualified to evaluate   the particular property being   transferred by way of a gift. Property   of little or only nominal value to the   donor will not qualify as a gift in   kind. Used clothing of little value   would be an example of a   non-qualifying contribution. You will need to find a charity that would both value the books you would be donating and be willing to issue you a receipt for your charitable donation.  Whatever receipt they issue should be in line with fair market value of the goods donated.  Assume your donation receipt will be challenged, and keep both: Finally, reasonable comparables might be prices for similar used goods, not a percentage of new.  Though, if you can't find a price for a particular title in the used market, an estimate consistent with other valuations in the lot would be better than nothing, perhaps.\""}
{"_id": "474129", "title": "", "text": "\"There's a few layers to the Momentum Theory discussed in that book. But speaking in general terms I can answer the following: Kind of. Assuming you understand that historically the Nasdaq has seen a little more volatility than the S&P. And, more importantly, that it tends to track the tech sector more than the general economy.  Thus the pitfall is that it is heavily weighted towards (and often tracks) the performance of a few stocks including: Apple, Google (Alphabet), Microsoft, Amazon, Intel and Amgen.  It could be argued this is counter intuitive to the general strategy you are trying to employ. This could be tougher to justify.  The reason it is potentially not a great idea has less to do with the fact that gold has factors other than just risk on/off and inflation that affect its price (even though it does!); but more to do with the fact that it is harder to own gold and move in and out of positions efficiently than it is a bond index fund.   For example, consider buying physical gold.  To do so you have to spend some time evaluating the purchase, you are usually paying a slight premium above the spot price to purchase it, and you should usually also have some form of security or insurance for it.  So, it has additional costs.  Possibly worth it as part of a long-term investment strategy; if you believe gold will appreciate over a decade. But not so much if you are holding it for as little as a few weeks and constantly moving in and out of the position over the year. The same is true to some extent of investing in gold in the form of an ETF.  At least a portion of \"\"their gold\"\" comes from paper or futures contracts which must be rolled every month.  This creates a slight inefficiency.  While possibly not a deal breaker, it would not be as attractive to someone trading on momentum versus fundamentals in my opinion. In the end though, I think all strategies are adaptable.  And if you feel gold will be the big mover this year, and want to use it as your risk hedge, who am I or anyone else to tell you that you shouldn't.\""}
{"_id": "474134", "title": "", "text": "The problem that his job depends on people liking him and either paying for tickets or subscribing to stations like ESPN.  Since his views angered most of his core audience, most teams won't touch him.  If I'm an engineer at Google, my personal views aren't going to stop Google from making any less money as a whole."}
{"_id": "474155", "title": "", "text": "\"Your use of the term \"\"loan\"\" is confusing, what you're proposing is to open a new card and take advantage of the 0% APR by carrying a balance.  The effects to your credit history / score will be the following:\""}
{"_id": "474157", "title": "", "text": "I'm not an expert but I would encourage her to stay focused on the skills necessary to be successful in her role, rather than focusing on just the video game industry. The skills and experiences she develops at Zynga can be used to solve a lot of companies' problems, in video games or other consumer electronic companies.   Edit: in other words, its all going to be OK."}
{"_id": "474159", "title": "", "text": "This is great news. We all knew that LucasFilm was going to continue making Star Wars movies eventually. But now it will be Disney who will be in charge of making the films and they seem to have a better understanding of maintain their IP creatively and for mechandising purposes."}
{"_id": "474171", "title": "", "text": "Of course you do.  You can sell it, wreck it, do whatever you want with it.  Of course, some things may void warranty, or whatever, but since you do in fact own the vehicle, it is technically yours to do with as you please.    Did you know that you can bore the engine of a car to increase performance?  Not saying you should, there are lots of pros and cons there, and it requires an individual with specialized knowledge to do it, who you will have to pay for his service, but it is doable.  Should you be upset that this wasn't already done by the manufacturer?    Did you know that lots of vehicles are equipped with gps functionality?  If your car can display a compass, there is a decent chance that you already have the basics of what you need to set up gps in the vehicle.  Should you be upset that your vehicle doesn't have gps?  But you can't boil it down that far.  Well, I suppose you can, but it makes everything cost more for everyone.  When you buy a Tesla, you aren't just buying a car.  You are buying into the company.  They make updates, fix programming issues, etc. and this requires access.  They chose to market their vehicles differently, and so they sell them differently.  Alternatively, they could have 2 separate assembly lines, one for the 60 (discontinued) and one for the 75.  Now this will equate to both cars costing significantly more than they currently do, but hey, at least you have the right battery, right?"}
{"_id": "474173", "title": "", "text": "In USA, if you take a personal loan, you will probably get rates between 8-19%. It is better that you take a loan in India, as home loan rates are about 10.25%(10.15% is the lowest offered by SBI).  This might not be part of the answer, but it is safer to hold USD than Indian rupees as India is inflating so much that the value of the rupee is always going lower(See 1970 when you could buy 1 dollar for 7 rupees). There might be price fluctuations where the rupee gains against the dollar, but in the long run, I think the dollar has much more value(Just a personal opinion). And since you are taking a home loan, I am assuming it will be somewhere between 10-20 years. So, you would actually save a lot more on the depreciating rupee, than you would pay interest. Yes, if you can get a home loan in USA at around 4%, it would definitely be worth considering, but I doubt they will do that since they would not know the actual value of the property. Coming to answer your question, getting a personal loan for 75k without keeping any security is highly unlikely. What you can do since you have a good credit score, is get a line of credit for 20-25k as a backup, and use that money to pay your EMI only when absolutely required. That way, you build your credit in the United States, and have a backup for around 2 years in India in case you fail to pay up. Moreover, Line of credits charge you interest only on the amount, you use. Cheers!"}
{"_id": "474184", "title": "", "text": "I suggest you to apply for a car loan in other banks like DCU or wells fargo, you might get the loan with not the best rate, but after a year you can refinance your loan with a better rate in a different bank since you are going to have a better credit as long as you make your payments in time. I bought a Jetta 2014 last year, my loan is from Wells Fargo. Like you, my credit was low before the loan because I didn't have too much credit history. They gave me the loan with a 8.9% of interest."}
{"_id": "474185", "title": "", "text": "I'm not an economics expert or anything, but what seems strange to me is the randomising part. Everything else looks fine but why does it randomly select the next item for price increase, wouldn't this depend on supply/demand and the players in the game?"}
{"_id": "474187", "title": "", "text": "Hyperinflation doesn't mean armaggedon. There have been hundreds of fiat currencies that have ended in hyperinflation i.e. wiemar republic (which the germans fully recovered from in less than 10 years before trying to take over europe).   Most all pawn shops buy gold/silver, especially during hyperinflation will people be buying gold/silver. You can't have hyperinflation without demand of commodities going through the roof, that is the driver of inflation. When this happens you can be gauranteed people will buy your gold/silver.  In the Wiemar republic, some people bought gold/silver for 1/10,000,000 what they sold it for. But they still lost 99% of their value because the mark still devalued another 1,000,000 times. Because of this, many people aren't even looking to sell it, until they absolutely need it's value. I.e. it's a piggy bank.   The best way to deal with a gold/silver stash is to hide it, you can't steal what you can't find. There's a reason pirates are famous for burying their stuff, when they don't have the law on their side."}
{"_id": "474210", "title": "", "text": "BHO extraction is a mixture of highly potent oils such as CBD, Terpenes, vitamins, and antioxidants. At BHO VAC, we provide equipment that enables you to produce the highest quality BHO extraction. Rest assured with us you can simply expect the finest solution."}
{"_id": "474223", "title": "", "text": "For some reason post Reagan Republicans seem to be hell bent on destroying the United States of America. It seems to me they feel liberalism must be destroyed at any cost, even if it means burn the country to the ground and salt the earth."}
{"_id": "474234", "title": "", "text": "\"What you are looking for is a pretty terrible deal for you, so I'd say it doesn't exist because there isn't a market for it, or nobody has noticed there is a market for it. In principle I would happily take the deal you offer from as many people as would let me, put the money into treasury bills, and take half the profits while doing pretty much nothing.    If I had more risk tolerance I would be pretty happy to have half the value of my \"\"fund\"\" as zero cost investment capital for more aggressive investments.  My business would then be a lot like an insurance company without the hassle of selling insurance to get hold of float to invest.  Also, most insurance companies actually lose money on policies, but come out ahead by investing the float, so an insurance company with zero cost float is quite a good business. Another answer mentions Berkshire Hathaway.  If you read one of the famous Berkshire Hathaway annual letters to shareholders and read the section about insurance you'll see that very low cost float has a large role in that company's success. So, back to your end of the deal: if the deal is that good for me, how good is it for you?  I'd have to double market returns just for you to break even.  If you're smart enough to pick a financial adviser that can beat the market by that much, how come you aren't able to pick an investment strategy that ties the market?\""}
{"_id": "474235", "title": "", "text": "Based on the formula used by FICO which is pretty much what you want to focus on, the following is recommended for someone with no credit history: When you get all this, follow the following habits to make sure it does you some good: Follow these and you will do great, I started with a $500 Discover card and $500 Chase Visa at UCLA and a Union 76 gas card, I had 700+ credit in less than 2 years. Good luck and be vigilant."}
{"_id": "474241", "title": "", "text": "You know, half the population has an IQ under 100...  I am fortunate enough to have a decent brain, and can get a high paying job, there are many people who don't have such luck...  should they be punished for this? Should they have to struggle just to survive?  Assuming they can 'just find another job', isn't in tune with reality."}
{"_id": "474245", "title": "", "text": "&gt; Some business missions have a moral intent - such as pharmaceuticals  Yeah right, the same industry that fakes studies to gets drugs passed through the FDA and pays doctors to prescribe drugs they don't need has some saintly, moral place in society...I don't think so"}
{"_id": "474248", "title": "", "text": "The Federal Reserve website notes that creditors must accept cash for debts on services already rendered, but that businesses may refuse cash for services not yet rendered unless prohibited by local law. The Treasury website includes examples of businesses limiting what cash they will accept:  For example, a bus line may prohibit payment of fares in pennies or   dollar bills. In addition, movie theaters, convenience stores and gas   stations may refuse to accept large denomination currency (usually   notes above $20) as a matter of policy."}
{"_id": "474266", "title": "", "text": "This is a facility called Home Banking, which banks in some locations offer. You do not necessarily have to be super-rich to use it though.  Kotak Mahindra Bank has been offering it here in India for about 10 years now. Other banks have followed suit with similar offerings.  I am not super-rich or anywhere close1, but I have used this facility occasionally when I couldn't visit an ATM or the branch, to either get cash delivered to me, or to deposit cash into my account. The banks do charge a convenience fee for this facility as you might expect, but they waive it off if your average monthly balance exceeds a certain amount. Not sure about how it works in other countries, but here in India, if you have an account with one of the top customer-friendly banks, this facility is as mundane as a cheque book or a debit card.  1 If I were, I probably wouldn't be posting here. ;-)"}
{"_id": "474279", "title": "", "text": "Listing on NYSE has more associated overhead costs than listing on NASDAQ.  In the case of young technology companies, this makes NASDAQ a more attractive option. Perhaps the most important factor is that NYSE requires that a company has an independent compensation committee and an independent nominating committee while NASDAQ requires only that executive compensation and nominating decisions are made by a majority of independent directors.  No self-respecting, would-be-instant-billionare tech entreprenuer is going to want some independent committee lording it over their pay packet.  Additionally, listing on NYSE requires a company have stated guidance for corporate governance while NASDAQ imposes no such requirement.  Similarly, NYSE requires a company have an internal audit team while NASDAQ imposes no such requirement.   Fees on NYSE are also a bit higher than NASDAQ, but the difference is not significant. A good rundown of the pros/cons: http://www.investopedia.com/ask/answers/062215/what-are-advantages-and-disadvantages-listing-nasdaq-versus-other-stock-exchanges.asp"}
{"_id": "474286", "title": "", "text": "&gt; I hate to sound like Romney and say that regulation is of course needed but too much of it truly is doing more harm than good.   That doesn't sound like Romney, that sounds like most Democrats I know. In fact I bet a lot of Republicans were upset hearing that from Romney :)"}
{"_id": "474296", "title": "", "text": "\"Spend your first 50 euros on research materials. Warren Buffett got started as a boy by reading every book in the Library of Congress on investing and stock market analysis. You can research the company filings for Canadian companies at http://www.sedar.com, U.S companies at http://www.edgar.com, and European companies at https://www.gov.uk/government/organisations/companies-house. Find conflicting arguments and strategies and decide for yourself which ones are right. The Motley Fool http://www.fool.ca offers articles on good stocks to add to your portfolio and why, as well as why not. They provide a balanced judgement instead of just hype. They also sell advice through their newsletter. In Canada the Globe & Mail runs a daily column on screening stocks. Every day they present a different stock-picking strategy and the filters used to reach their end list. They then show how much that portfolio would have increased or decreased as well as talking about some of the good & bad points of the stocks in the list. It's interesting to see over time a very few stocks show up on multiple lists for different strategies. These ones in my opinion are the stocks to be investing in. While the Globe's stock picks focus on Canadian and US exchanges, you might find the strategies worthwhile. You can subscribe to the digital version at http://www.theglobeandmail.com  Once you have your analytical tools ready, pick any bank or stock house that offers a free practice account. Use that account and their screening tools to try out your strategies and see if you can make money picking stocks.  My personal stock-picking strategy is to look for companies with: - a long uninterrupted history of paying dividends, - that are regularly increased, - and do not exceed the net profit per share of the company - and whose share price has a long history of increasing These are called unicorn companies, because there are so very few of them.  Another great read is, \"\"Do Stocks Outperform Treasury Bills?\"\" by Hendrik Bessembinder. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2900447 In this paper the author looks at the entire history of the U.S. stock universe and finds that less than 4% of stocks are responsible for 100% of the wealth creation in the U.S. stock market. He discusses his strategies for picking the winners, but it also suggests that if you don't want to do any research, you could pick pretty much any stock at random, short it, and wait. I avoid mutual funds because they are a winner only for the fellas selling them. A great description on why the mutual fund industry is skewed against the investor can be found in a book called \"\"The RRSP Secret\"\" by Greg Habstritt. \"\"Unshakeable\"\" by Tony Robbins also discusses why mutual funds are not the best way to invest in stocks. The investor puts up 100% of the money, takes 100% of the risk, and gets at best 30% of the return. Rich people don't invest like that.\""}
{"_id": "474305", "title": "", "text": "No, there is no real advantage. The discrepancies in how they track the index will (generally) be so small that this provides very, very limited diversification, while increasing the complexity of your investments."}
{"_id": "474318", "title": "", "text": "\"If the government prints money recklessly and causes inflation, people will come to expect inflation, and the value of the currency will plummet, and you'll end up like Zimbabwe where a trillion dollars won't buy a loaf of bread.  If the government actually pays people for the money they borrow, they don't have this problem - and as it turns out, the US government can get pretty good rates on borrowing in general, in part because they're extraordinarily good about paying them back. (Also, inflation expectations are low, so people will accept 1-2% interest rates. If you expected inflation of 10%, you'd see people demanding something more like 12% interest rates.) (The downside of too much of this sort of borrowing is that it \"\"crowds out\"\" other borrowing, which may harm the economy. Who would lend money to / invest in a small business, if the government is paying good money and there's almost no risk at all?) Now, inflation can come into play afterward, if the Fed decides it needs to maintain \"\"easy money\"\" policies to stimulate the economy (because taxes are too high because we're paying off the debt, or because we've crowded out smaller borrowers, or something). -- In general, you can count on the the principle that if you, as the government, try to play too many games with people's money... well, people aren't stupid; they will eventually catch on, and adjust their behavior to compensate, and then you're right back where you started, but with less trust.\""}
{"_id": "474351", "title": "", "text": "\"The calculation and theory are explained in the other answers, but it should be pointed out that the video is the equivalent of watching a magic trick.  The secret is: \"\"Stock A and B are perfectly negatively correlated.\"\"  The video glasses over that fact that without that fact the risk doesn't drop to zero. The rule is that true diversification does decrease risk. That is why you are advised to spread year investments across small-cap, large-cap, bonds, international, commodities, real estate. Getting two S&P 500 indexes isn't diversification.  Your mix of investments will still have risk, because return and risk are backward calculations, not a guarantee of future performance. Changes that were not anticipated will change future performance. What kind of changes: technology, outsourcing, currency, political, scandal.\""}
{"_id": "474353", "title": "", "text": "\"Not even sure what this is in reference to - I asked him what he specifically had questions about as \"\"pointers?\"\" is in and of itself as vague as it gets.  Regardless, if you had bothered to read the remainder of the chain, you would have noticed he replied (again, sans specific questions) and then I provided additional context.  What's it like being an internet tough guy? Kind of funny seeing someone make comments like this while also being so involved in something like reddit secret santa.\""}
{"_id": "474362", "title": "", "text": "Who are these people?    App downloads &amp; revenue are still growing quite a bit.    And I'm just curious because there's a lot of people complaining about Google, FB, etc. without really having an educated perspective to make any confident claims...    Why would Facebook and Google be the cause of that if it were even true?     https://techcrunch.com/2017/01/17/app-downloads-up-15-percent-in-2016-revenue-up-40-percent-thanks-to-china/"}
{"_id": "474376", "title": "", "text": "You can complain to the Financial Ombudsman Service in Australia.  I've never used them in particular but generally organizations will respond much faster once you get the ombudsman involved. However, since you say they've now kept their promises, the ombudsman is unlikely to do much more than listen sympathetically."}
{"_id": "474384", "title": "", "text": "From 26 CFR 1.1012(c)(1)i): ... if a taxpayer sells or transfers shares of stock in a corporation that the taxpayer purchased or acquired on different dates or at different prices and the taxpayer does not adequately identify the lot from which the stock is sold or transferred, the stock sold or transferred is charged against the earliest lot the taxpayer purchased or acquired to determine the basis and holding period of the stock. From 26 CFR 1.1012(c)(3): (i) Where the stock is left in the custody of a broker or other agent, an adequate identification is made if\u2014   (a) At the time of the sale or transfer, the taxpayer specifies to such broker or other agent having custody of the stock the particular stock to be sold or transferred, and ... So if you don't specify, the first share bought (for $100) is the one sold, and you have a capital gain of $800. But you can specify to the broker if you would rather sell the stock bought later (and thus have a lower gain). This can either be done for the individual sale (no later than the settlement date of the trade), or via standing order: 26 CFR 1.1012(c)(8) ... A standing order or instruction for the specific identification of stock is treated as an adequate identification made at the time of sale, transfer, delivery, or distribution."}
{"_id": "474402", "title": "", "text": "The highest paid finance role is a hedge fund manager at a top fund - but that's like winning the lotto so here's the most pragmatic way to make a lot of money:  * First 2-3 years out of college: Investment Banking Analyst  * Next 2-3 years: Switch to the buyside (Private Equity)  You'll easily top $400k by the time you're 26-27.  If you're promoted to VP you are golden. Most get forced out after their associate stint and go to a top MBA program, after which you'd go back into PE or do the CFO route.  Not sure w/o a degree, to be honest."}
{"_id": "474403", "title": "", "text": "Punish everyone because politics didn't go like we wanted.  I was working at a jewelry store when Obama was elected.  The day after we had rich assholes that drive Hummers and wear fur come in and cancel all their custom jewelry orders because they could no longer afford them with all of Obama's taxes."}
{"_id": "474433", "title": "", "text": "Check out personal finance. But, my guess is no. Given you are married and you were prepared to contribute $x out of the entire family pot, why don't they just contribute $x from their portion of the entire family pot? Net effect should be similar or identical. (I'm not an accountant nor married, so enjoy the grain of salt)."}
{"_id": "474449", "title": "", "text": "\"Are you talking long-term institutional or retail investors? Long-term *retail* investors look for *orderly markets*, the antithesis of HFT business models, which have a direct correlation between market volatility and profits. To a lesser extent, some \"\"dumb money\"\"/\"\"muppet\"\" institutionals do as well. HFT firms tout they supply liquidity into markets, when in fact the opposite is true.  Yes, HFTs supply liquidity, *but only when the liquidity's benefits runs in their direction*. That is, they are applying the part of the liquidity definition that mentions \"\"high trading activity\"\", and conveniently ignoring the part that simultaneously requires \"\"*easily* buying *or* selling an asset\"\".  If HFT's are the new exchange floor, then they need to be formalized as such, *and become bound to market maker responsibilities*. If they are actually supplying liquidity, like real Designated Market Makers in the NYSE for example, they become responsible to supply a specified liquidity for specified ticker symbols in exchange for their informational advantage on those tickers. The indisputable fact is that HFT cannot exist at their current profit levels without the information advantage they gain with preferential access to tick-by-tick data unavailable to investors who cannot afford the exchange fees ($1M per exchange 10 years ago, more now). Restrict the entire market, including HFTs, to only second-by-second price data without the tick-by-tick depth, and they won't do so well.  Don't get me wrong, I'm not knocking HFTs *per se*; I think they are a marvelous development, so long as they really do \"\"supply liquidity\"\". Right now, they aren't doing so, and especially in an orderly manner. If you want retail investors to keep out of the water as they are doing now, by all means let HFT (and regulatory capture, and a whole host of other financial service industry ills) run as they are. There are arguments to be made about \"\"only let the professionals play the market\"\", where there is no role for retail and anyone who doesn't know how to play the long-term investment game needs to get out of the kitchen. But if you are making such an argument, come out and say so.\""}
{"_id": "474452", "title": "", "text": "If you are comfortable with the risk etc, then the main thing to worry about is diversity.  For some folks, picking stocks is beyond them, or they have no interest in it.  But if it's working for you, and you want to keep doing it, more power to you. If you are comfortable with the risk, you could just as well have ALL your equity position in individual stocks.  I would offer only two pieces of advice in that respect. 1) no more than 4% of your total in any one stock.  That's a good way to force diversity (provided the stocks are not clustered in a very few sectors like say 'financials'), and make yourself take some of the 'winnings off the table' if a stock has done well for you. 2) Pay Strong attention to Taxes! You can't predict most things, but you CAN predict what you'll have to pay in taxes, it's one of the few known quantities.  Be smart and trade so you pay as little in taxes as possible  2A)If you live someplace where taxes on Long term gains are lower than short term (like the USA) then try really really hard to hold 'winners' till they are long term.  Even if the price falls a little, you might be up in the net compared to paying out an extra 10% or more in taxes on your gains.  Obviously there's a balancing act there between when you feel something is 'done' and the time till it's long term.. but if you've held something for 11 months, or 11 months and 2 weeks, odds are you'd be better off to hold till the one year point and then sell it.   2B) Capture Losses when you have them by selling and buying a similar stock for a month or something.  (beware the wash sale rule) to use to offset gains."}
{"_id": "474460", "title": "", "text": "If I understand your question, you're misunderstanding the buy/sell spread, and at least in this instance seem to be in an unfortunate situation where the spread is quite large. The Polish Zloty - GBP ideal exchange rate is around 5.612:1.  Thus, when actually exchanging currency, you should expect to pay a bit more than 5.612 Zloty (Zloties?) to get one Pound sterling, and you should expect to get a bit less than 5.612 Zloty in exchange for one Pound sterling.  That's because you're giving the bank its cut, both for operations and so that it has a reason to hold onto some Zloty (that it can't lend out).  It sounds like Barclay's has a large spread - 5.211 Buy, 5.867 Sell.  I would guess British banks don't need all that many Zloty, so you have a higher spread than you would for USD or EUR. Other currency exchange companies or banks, particularly those who are in the primary business of converting money, may have a smaller spread and be more willing to do it inexpensively for you.  Also, it looks like the Polish banks are willing to do it at a better rate (certainly they're giving you more Zloty for one Pound sterling, so it seems likely the other way would be better as well, though since they're a Polish bank it's certainly easier for them to give you Zloty, so this may be less true).  Barclay's is certainly giving you a better deal on Pounds for a Zloty than they are Zloty for a Pound (in terms of how far off their spread is from the ideal)."}
{"_id": "474467", "title": "", "text": "You only got 75 shares, so your basis is the fair market value of the stock as of the grant date times the number of shares you got: $20*75.  Functionally, it's the same thing as if your employer did this: As such, the basis in that stock is $1,500 ($20*75). The other 25 shares aren't yours and weren't ever yours, so they aren't part of your basis (for net issuance; if they were sell to cover, then the end result would be pretty similar, but there'd be another transaction involved, but we won't go there).  To put it another way, suppose your employer paid you a $2000 bonus, leaving you with a $1500 check after tax withholding. Being a prudent person and not wishing to blow your bonus on luxury goods, you invest that $1500 in a well-researched investment. You wouldn't doubt that your cost basis in that investment at $1500."}
{"_id": "474487", "title": "", "text": "The initial margin is $5940 and maintenance margin $5400.  A simple search of Comex Gold Margin gives the CME group site. You then need to specify CMX metals to see the margins.  Gold is currently about $1300. A gold future is 100 oz. So the full contract is worth $130K. You want to 'go long' so you enter into a contract for Dec '14. You put up $5940, and if gold rises, you gain $100 for each $1 it goes up. Likewise on the downside. If gold drops $5.40, you lost $540 and will get a call to end the position or to put up more money. It's similar to stock margin requirements, only the numbers are much lower, your leverage with futures is over 20 to 1."}
{"_id": "474489", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://cep.lse.ac.uk/pubs/download/brexit10.pdf) reduced by 98%. (I'm a bot) ***** &gt; Correlations with Brexit Vote and Area Initial Conditions Brexit Vote Correlations One obvious question arising from the overall patterns discussed above is how predicted impacts relate to vote shares in the referendum.  &gt; Figure 3: Brexit GVA Impact and Referendum Vote Share: Soft Brexit Hard Brexit Area Initial Conditions While the results so far imply a somewhat different narrative in terms of who is likely to lose most from Brexit, and how this relates to voting behaviour in the referendum, it is important to remember that the differences in expected impacts are swamped by existing disparities.  &gt; 10 \fFigure 4: Correlation of Brexit GVA Impact with Pre-Referendum Median Wage: Soft Brexit Hard Brexit Finally, it is also important to note that the places experiencing the biggest initial shock are not necessarily those that will experience the most negative effects once the economy has adjusted.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pshdw/new_lse_study_the_areas_that_were_most_likely_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~176491 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Brexit**^#1 **trade**^#2 **impact**^#3 **Area**^#4 **under**^#5\""}
{"_id": "474512", "title": "", "text": "\"In the US, and in most other countries, dividends are considered income when paid, and capital gains/losses are considered income/loss when realized. This is called, in accounting, \"\"recognition\"\". We recognize income when cash reaches our pocket, for tax purposes. So for dividends - it is when they're paid, and for gains - when you actually sell. Assuming the price of that fund never changes, you have this math do to when you sell: Of course, the capital loss/gain may change by the time you actually sell and realize it, but assuming the only price change is due to the dividends payout - it's a wash.\""}
{"_id": "474514", "title": "", "text": "While I guess you can never tell for sure, I think it is a potential problem. Why buy from you, ship it from the US when probably a similar computer is available nearer to them?  I mean, this person is using a computer and the Internet somewhere, so it can't be that far to a new computer store.  Certainly somewhere in their province if not country or continent. I suspect they will offer to pay with a cashiers check or a money order or something.  Then you will ship the item and the funds will be found out to be bogus a couple of months after you try to cash it.  You have no computer and no money for it. It really makes no sense for this person to go so far out of their way for your standard laptop unless they are trying to steal it."}
{"_id": "474555", "title": "", "text": "What do you base that on?   It does appear to be in a bubble, but what makes you think it will pop in a year or two? What if people keep getting more and more scared of the current instability and keep pumping their money into gold?"}
{"_id": "474560", "title": "", "text": "\"Usually takes more than a year to build and design a yacht like this. Nobody makes \"\"a billion a year\"\", the value of their assets increases by a percentage. If you spend all your growth on stupid depreciating shit, you'll lose all your money *without* a market crash or other calamity.  Average equity value increase year over year? 7%  You're spending all your money on dumb depreciating shit and thinking like a poor person.\""}
{"_id": "474573", "title": "", "text": "\"@Joe's original answer and the  example with proportionate application of the payment to the two balances is not quite what will happen with US credit cards. By US law (CARD Act of 2009), if you make only the minimum  required payment (or less), the credit-card company can choose which part of the balance that sum is applied to. I am not aware of any company that chooses to apply such payments to anything other than that part of the balance which carries the least interest rate  (including the 0% rate that \"\"results\"\" from acceptance of balance transfer  offers). If you make more than the minimum required payment, then the excess must, by law, be applied to paying off the highest rate balance. If the highest rate balance gets paid off completely, any remaining amount must be applied to second-highest rate balance, and so on.  Thus, it is not the case that that $600 payment (in Joe's example) is applied proportionately to the $5000 and $1000 balances owed. It depends on what the required minimum payment is. So, what would be the minimum required payment? The minimum payment is the total of (i) all finance charges incurred during that month, (ii) all service fees and penalties (e.g. fee for exceeding credit limit, fee for taking a cash advance, late payment penalty) and other charges (e.g. annual card fee) and (iii) a fraction of the outstanding balance that (by law) must be large enough to allow the customer to pay off the entire balance in a reasonable length of time. The law is silent on what is reasonable, but most companies use 1% (which would pay off the balance over 8.33 years).  Consider the numbers in Joe's example together with the following assumptions: $5000 and $1000 are the balances owed at the beginning of the month, no new charges or service fees during that month, and the previous month's minimum monthly payment was made on the day that the statement paid so that the finance charge for the current month is on the balances stated). The finance charge on the $5000 balance is $56.25, while the finance charge on the $1000 balance is $18.33, giving a minimum required payment of $56.25+18.33+60 = $134.58. Of the $600 payment, $134.58 would be applied to the lower-rate balance ($5000 + $56.25 = $5056.25) and reduce it to $4921.67. The excess $465.42 would be applied to the high-rate balance of $1000+18.33 = $1018.33 and reduce it to $552.91. In general, it is a bad idea to take a cash advance from a credit card. Don't do it unless you absolutely must have cash then and there to buy something from a merchant who does not accept credit cards, only cash, and don't be tempted to use the \"\"convenience checks\"\" that credit-card companies send you from time to time. All such cash advances not only carry larger rates of interest (there may also be upfront fees for taking an advance) but any purchases made during the rest of the month also become subject to finance charge. In other words, there is no \"\"grace period\"\" for new charges, and this state of affairs will last for one month beyond the first credit-card statement whose statement is paid off in full in timely fashion. Finally, turning to the question asked, viz. \"\" I am trying to determine how much I need to pay monthly to zero the balance, ....\"\", as per the above calculations, if the OP makes the minimum required payment of $134.58 plus $1018.33, that $134.58 will be applied to the low-rate balance and the rest $1018.33 will pay off the high-rate balance in full if the payment is made on the day the statement is issued. If payment is made later, but before the due date, that $1018.33 will be accruing finance charges until the date the payment is made, and these will appear as 22% rate balance on next month's statement. Similarly for the low-rate balance. What if several monthly payments will be required? The best calculator known to me is at https://powerpay.org (free but it is necessary to set up a username and password).  Enter in all the credit card balances and the different interest rates, and the total amount of  money that can be used to pay off the balances, and the site will lay out a payment plan.  (Basically, pay off the highest-interest rate balance as much as possible while making minimum required payments on the rest). Most people are surprised at how much can be saved (and how much shorter the time to be debt-free is) if one is willing to pay just a little bit more each month.\""}
{"_id": "474575", "title": "", "text": "$10k isn't really enough to make enough money to offset the extremely high risks in investing in options in this area. Taking risks is great, but a sure losing proposition isn't a risk -- it's a gamble. You're likely to get wiped out with leveraged options, since you don't have enough money to hedge your bets. Timing is critical... look at the swings in valuation in the stock market between the Bear Sterns and Lehman collapses in 2009. If you were highly leveraged in QQQQ that you bought in June 2009, you would have $0 in November. With $10k, I'd diversify into a mixture of foreign cash (maybe ETFs like FXF, FXC, FXY), emerging markets equities and commodities. Your goal should be to preserve investment value until buying opportunities for depressed assets come around.  Higher interest rates that come with inflation will be devastating to the US economy, so if I'm betting on high inflation, I want to wait for a 2009-like buying opportunity. Then you buy depressed non-cyclical equities with easy to predict cash flows like utilities (ConEd), food manufacturers (General Mills), consumer non-durables (P&G) and alcohol/tobacco. If they look solvent, buying commodity ETFs like the new Copper ETFs or interests in physical commodities like copper, timber, oil or other raw materials with intrinsic value are good too.  I personally don't like gold for this purpose because it doesn't have alot of industrial utility. Silver is a little better, but copper and oil are things with high intrinsic value that are always needed. As far as leverage goes, proceed with caution. What happens when you get high inflation? High cost of capital."}
{"_id": "474587", "title": "", "text": "\"My experience is with Carnival Cruise lines. It may be different on other lines. The two biggest things that will run up your tab are drinks and shore excursions. Drinks: Expect to pay $2-$4 for a beer or coke, and $7-$12 for a mixed drink. You can often buy a \"\"Fountain card\"\" or something like that that is a fixed price for sodas throughout the cruise. Probably a good deal if you are a big soda drinker or are with kids. You get juice, iced tea and water at no charge.  Oh yeah, and they add an automatic tip on every drink. I'm sure you could ask them to take the tip off, but you'd look like a tool for doing it considering the (mostly) Phillipinos who serve you drinks are probably working 16 hour days for peanuts. Shore Excursions: These can really add up. You could easily double the price of your cruise if you do a lot of the higher end ones. You can usually save a ton of money by not booking them through the cruise ship and just pre-arranging them through the internet or booking them at the kiosks that are inevitably right next to the dock at each port. The cruise director will tell you all sorts of scary stories to dissuade you from doing this, but it is mostly bunk. Often the cruise ship goes through the exact same tour companies and they add as much as a 2-3x markup. The Fancy Dining option: There is usually a high-end restaurant that you need reservations for and charges a $25-$30/person. I never bother with them. The regular dining options are good enough for me. But if you are a surf & turf aficionado you might want to budget for that. Internet is super expensive, around 70 cents a minute if I recall. You can buy bulk minutes, but it isn't that much cheaper. You are better off just bringing a laptop or smartphone and using them in ports. I had no trouble finding free wifi at most ports.  Cell Phone: Danger Will Robinson! Your cell phone will work on-board, but be prepared for a huge bill when you get back. I STRONGLY suggest turning off your phone on board or at least disabling the ability to receive calls and text messages. You can passively run up a bill that way. Tips: This is one thing I like about cruises. They just add about $10/day/person to your bill for tips and there is an option at the end of the cruise to add to that tip for the room steward, maitre'd, etc.   There is absolutely no pressure at all to add to that tip, i.e. there is no one standing with their palm out.  I never minded tipping for service, I always just hated having to carry cash around to do it. They make this process very easy on board. You really don't need to have cash on board at all. Bottom Line: I tend to buy at least a few drinks/day and find my own shore excursions. With a few souvenirs thrown in here and there I typically spend about 50% of the cruise price in extras per person.\""}
{"_id": "474596", "title": "", "text": "\"Is there any way out from letting the money disappear into a black hole? But that is the whole point of insurance; the \"\"black hole\"\" = the insurance company.  That's how they stay in business.  You are giving up your money to them, but you get something in return:  a guarantee of financial rescue if something happens to you medically.  Considering how much health care costs can cost in the U.S., this is not insubstantial. To the degree that you might be able to divert some of that money out of the \"\"black hole\"\" and back into your pocket, or a charity, would be equivalent to reducing your premium costs.  There are few ways to do that, but none too significantly.  E.g., sometimes plans have health programs that customers can participate in and get a small discount, etc.  But for the most part, you are stuck.  Welcome to the U.S. Health Care System. One tiny tip:  see if your school offers a free flu shot this fall; many do, it seems, so there is $15 saved.  The school's human resources office would probably know about this.\""}
{"_id": "474600", "title": "", "text": "There was an NPR (I think) story a couple of years ago about the cost of college. They found that while sticker prices were going up, the price most people paid wasn't actually rising that fast. This was at least true in top tier schools. I think some state schools have other issues, like the state cutting back on funding so raising tuitions and/or cutting back on scholarships and grants.  The weird thing I learned from the piece was that raising prices was a way to appear more attractive to top students. Apparently the psychological factors around getting a $10k scholarship to a $15k school or a $30k scholarship to a $35k school make the more expensive one look better."}
{"_id": "474613", "title": "", "text": "From a macro standpoint - innovation and regulation have major benefits to an economy and society. In the case of greenwashing by understating the impact of electric cars; sure, that's a problem now, but as they innovate further to invent newer, cheaper, more efficient batteries, it will hopefully sort itself out. No matter what, it's a heck of a lot better then spewing crap into the air (and personally, they're a ton more fun to driver)."}
{"_id": "474653", "title": "", "text": "Rather large, incorrect assumption for someone who wants to chat about logic.   I think it's a clickbait article that doesn't articulate anything other than defending Damore, *which isn't the point of the article, based on the title.*  Please, if you're going to suggest the CEO of Google should resign over this manifesto in the NYT, you better have something more than some emotional digs and crying about leadership by someone who doesn't have the slightest clue of what it entails in total.   That's why I don't think he should write another piece, sure as hell not on this subject. But I appreciate your armchair analysis bub."}
{"_id": "474670", "title": "", "text": "Of course, this calculation does not take into consideration the fact that once the rights are issues, the price of the shares will drop. Usually this drop corresponds to the discount. Therefore, if a rights issue is done correctly share price before issuance-discount=share price after issuance. In this result, noone's wealth changes because shareholders can then sell their stock and get back anything they had to put in."}
{"_id": "474681", "title": "", "text": "In general, it makes sense to go for the 15 year fixed if you can afford it, as you'll pay down far more principal than if you go for a 30 year. Take a peek at the amortization tables for two loans, keeping in mind that the average American lives in a house for 7 years."}
{"_id": "474690", "title": "", "text": "I will preface saying that I only have personal experience to go on (purchased home in KS earlier this year, and have purchased/sold a home in AR). You do not give the seller the document stating the amount you have been approved for. Your real estate agent (I recommend having one if you don't) will want to see it to make sure you will actually be able to purchase a house though. But the contract that is sent to the Seller states the total purchase price you are willing to pay and how much of that will be financed. Link to blank KS real estate contract shows what would be listed. Looks like it is from 2012 - it is similar to the one I had back in March, but not exactly the same format."}
{"_id": "474705", "title": "", "text": "\"Time Value of Money - The simple calculation for this is FV = PV * (1+r)^N which reads The Future Value is equal to the Present Value times 1 plus the interest rate multiplied by itself by the number of periods that will pass. A simple way to look at this is that if interest rates were 5%/yr a dollar would be worth (1.05)^N where N is the number of years passing.  The concept of compound interest cannot be separated from the above. Compounding is accounting for the interest on the interest that has accrued in prior periods. If I lend you a dollar at 6% simple interest for 30 years, you would pay me back $1 + $1.80 or $2.80. But - 1.06^30 = 5.74 so that dollar compounded at 6% annually for 30 years is $5.74. Quite a difference.  Often, the time value of money is discussed in light of inflation. A dollar today is not the same dollar as 30 years ago or 30 years hence. In fact, inflation has eroded the value of the dollar by a factor of 3 over the past 30 years. An average item costing $100 would now cost $300. So when one invests, at the very least they try to stay ahead of inflation and seek additional return for their risk.  One quirk of compounding is the \"\"rule of 72.\"\" This rule states that if you divide the interest rate into the number 72 the result is the number of years to double. So 10% per year will take about 7.2 years to double, 8%, 9 years, etc. It's not 100% precise, but a good \"\"back of napkin\"\" calculation.  When people talk about the total payments over the thirty year life of a mortgage, they often ignore the time value of money. That payment even ten years from now has far less value than the same payment today.\""}
{"_id": "474706", "title": "", "text": "\"As discussed in the comments, the best approach is to make a loan to the company. Make sure you document the terms of the loan including when it is repayable and any interest due. If you want to be able to retrieve the money for personal purposes then just note that it's repayable on demand. In practice if you just transfer money to the company when needed it would probably be treated as an interest-free loan, but even if that's what you want, it's best to document this to avoid any ambiguity. The main alternative would be for the company to issue shares that you would own and \"\"pay up\"\" the capital on. This would get the same money into the company, but it'd be harder to get it out again later. You may want to charge interest on the loan. The rate would have to be a reasonable one but you still have a fair amount of latitude in deciding it. Any interest would reduce the profits of the company and be subject to income tax when you receive it. Those profits would otherwise be subject to corporation tax. and then if paid out as a dividend might be subject to some income tax. You'd need to compare the tax rates for the two routes to see which was better; note that you pay less income tax than normal on dividends to account for the fact that corporation tax was already charged.\""}
{"_id": "474708", "title": "", "text": "&gt;The reason medicine is expensive is because the system allow it to be expensive.   No.  The reason medicine is expensive is because of government intervention that limits supply.  Period.  Full stop.  The FDA is the cause.  People are paying $600 for a fucking $2 dose of epinephrine in a plastic autoinjector.  Why is it $600?  Because the FDA is actively preventing other companies from entering the market."}
{"_id": "474714", "title": "", "text": "while not stated, if you have any debt at all, use the $3000 to pay it off. That's the best investment in the short term. No risk and guaranteed reward. College can invite all sorts of unexpected expenses and opportunities, so stay liquid, protect working capital."}
{"_id": "474731", "title": "", "text": "Why don't you like unions? An IBEW electrician is guaranteed to have the skills and have gone through the apprenticeship and journeyman programs. Its a safety and skills thing.   Unions also fought for and got us a 40 hour work week and overtime pay. Benefits and disability insurance.    Perhaps there isn't much of a need currently for unions because of all the federal and local statues that mandate worker protection... but currently politicians are rolling back those protections. The way things are going there is going to be a major need to unions in another generation... And the work to get those benefits will be that much harder.   Police are pepper spraying old grandmas and people sitting down not doing anything. Imagine how many heads will be cracked when people fight for a 40 hour work week again?"}
{"_id": "474739", "title": "", "text": "There was a study last year -- it was all over the news -- that concluded that experiences, not stuff, is what makes people happy. The satisfaction from going on vacation lasts even after the holiday is long over. That new gadget only gives fleeting satisfaction. To that end, I recommend splurging on the affordable luxuries that give you a better experience. For example, I'm a big believer in paying the skycap a few dollars to check my bags at the curb rather than wait in line at the airport because I HATE airports. Valet parking is another affordable luxury when the alternative is circling a busy parking lot for 15 minutes. Pay for the better seats at the show. Get a room at the nicer hotel. Eat out a bit more often. I can't imagine willingly spending hours with customer support, though. They can have my $5."}
{"_id": "474745", "title": "", "text": "Investopedia laid out the general information of tax treatment on the ETF fund structures as well as their underlying asset classes: http://www.investopedia.com/financial-edge/0213/how-tax-treatments-of-etfs-work.aspx"}
{"_id": "474771", "title": "", "text": "You know how your cell phone battery gets shittier and shittier over time until you either get a new phone or buy a new battery? Well the same thing will happen to your car. And a new battery will cost $10k. And what will we do with the old one that's full of toxic chemicals?  There are still many challenges for electric cars."}
{"_id": "474787", "title": "", "text": "Are you planning to move out of Punjab? Or you have found a better job within Punjab but in different areas. Well in that Packers and Movers Punjab is there to shift your belongings from one place to another with safety &amp; care."}
{"_id": "474795", "title": "", "text": "Think about how loans work for you personally.  When you charge a $50 dinner for two to your Visa card, you did not earn $50 in income.  You did not pay income tax on that $50.  The money you use to pay back that $50 at the end of the month is not tax deductible.    Interest on a loan is a business expense.    Repayment of principal is not a business expense, just as receiving the loan in the first place is not business income.   Effectively this means the LLC repays the loan with after-tax dollars.  Just like you do with your Visa card.  When I do corporate accounting, payment of loan interest shows up on the expense side of the Profit/Loss statement, and it makes the Balance Sheet net assets go down.   However payment of loan principal is effectively null.  It doesn't appear on the Profit/Loss at all -- and it's a wash on the Balance Sheet, as both Assets and Liabilities fall by the same amount."}
{"_id": "474804", "title": "", "text": "Ha, I was actually making a joke reference to something that made its rounds on the internet last month. Some rich guy said millennials should stop buying avocado toast if they want to afford a house, and this blew up on social media because that's an obviously stupid thing to say. Here's a wash post article if you wanna read about it:  https://www.washingtonpost.com/news/food/wp/2017/05/15/dont-mess-with-millennials-avocado-toast-the-internet-fires-back-at-a-millionaire/"}
{"_id": "474815", "title": "", "text": "Well i used to intern at a WM company finding clients- its not easy. There are prospecting tools like Larkspur and WealthEngine, but they are ridiculously expensive, around $400 a month. Most advisers find clients through references, so you're going to have to network with CPAs, law firms, and other advisers and get them to send you people (what can you offer in return?). There is also the path of cold calling or setting up a website but those inevitably run into FINRA problems. Thus, it tends to be a slow process that is built up over time. The best thing you can do is create a niche for yourself and cater to it- so for example you can specialize in the retirement planning for certain occupations or under certain conditions. However, bear in mind wealth advisory is turning into a zero sum industry and software is going to make it even more compressed in the future. My firm spent thousands of dollars on marketing and even then 3-5 new clients a year is good progress, but these were also large accounts.   What is your background?"}
{"_id": "474816", "title": "", "text": "This probably is a question that belongs on History but here's the basic reason: the or Employee Retirement Income Security Act (ERISA) of 1974 established that health benefits under approved plans were not taxable to the employee.  If the employer were to pay for an employees non ERISA approved individual plan, it would be a taxable benefit. The longer story is that many polticians (esp. President Richard Nixon) were concerned that public pressure was going to lead public sentiment toward nationalized health care.  This made health insurance more affordable to employees and effectively made it a cheaper way to compensate employees similar to how 401K contributions are worth more (in nominal terms) to the employee than an equivalent amount of cash.  While the law was not signed by Richard Nixon due to some other stuff that was going on, it was something proposed and pushed by his administration."}
{"_id": "474832", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/5/24/15680254/republicans-border-adjustment-tax) reduced by 90%. (I'm a bot) ***** &gt; Which would essentially add a 20 percent tax on imported goods while exempting US exports, was the key solution House Republicans had come up with to raise enough revenue to offset corporate tax cuts.  &gt; In the document, House Republicans outlined their communications strategy, which included three steps to selling the BAT. Step 1: Link the broken tax code to job losses in manufacturing.  &gt; The problem for the White House and congressional Republicans is that the administration hasn&amp;#039;t offered a competing plan to pay for the trillions of dollars in tax cuts Trump wants.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejbtb/nobody_likes_the_border_adjustment_tax_except_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133521 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **House**^#2 **Republican**^#3 **border**^#4 **provision**^#5\""}
{"_id": "474834", "title": "", "text": "I'm confused. Are you asking why or telling us that you're bullish? Yes the stock will go up for a merger at a premium, but buying in now only gives you ~0.5% gain if it closes at $21.50. They won't trade over 21.50 unless a competing bid comes in or the bid is increased."}
{"_id": "474835", "title": "", "text": "Finance involves money.  Financiers and bankers keep money flowing around the market.  kinda like grease monkey's on a large crane.  Economics studies the inputs and outputs of the system, (think resource, labor and capital, not money).  Economists tend to produce work that is more relevant towards policy than a business plan.    And now for something completely different.  Marketing. It sells what comes out of the back end of the crane.  They ask the economists what looks good and the financiers if the machine is functioning properly."}
{"_id": "474837", "title": "", "text": "I'm not an attorney, nor am I a licensed tax adviser. I suggest you talk to these two types of professionals. From my limited knowledge, without proper documentation/organization, I can't see how the IRS/State will not consider this as a rent payment. The mortgage responsibility is of the person signing the mortgage contract, and you're under no obligation to pay that person anything. Had you not lived at the property, you might argue that it was a gift (although I'm not sure if it would stand), but since you do live in the property - it is quite obviously a rent payment. Putting your name on the deed may mitigate this slightly but I'm not sure how much - since you're still not obligated to pay the mortgage. However this is probably moot since it is unlikely for a bank to give a mortgage on a property to person A when it is also owned by a person B, without that person B being side to the mortgage contract."}
{"_id": "474842", "title": "", "text": "No, not a consultant. I'm a systems administrator and part of my job is doing due dilligence on purchases. The reliability of a company is always a factor in large purchases and CEO behavior is a factor in that. When it comes to minor or temporary purchases (bottled water) the CEO and company behavior is irrelevant."}
{"_id": "474846", "title": "", "text": "I don't think size is the issue, it's quality. Most places have patties that taste like cardboard with absolutely no seasoning. There's a local burger place where I live that bakes their own buns seasons their patties perfectly and has toppings like balsamic onion gastrique.  The result is fantastic, filling and under 400 calories (under 300 for the Bison meat option)."}
{"_id": "474851", "title": "", "text": "Hey and Welcome to the 100% Commissions Portal! You probably clicked this tab because you\u2019re new to the online marketing industry or you, or you saw the name \u201cEmpower Network\u201d and that peaked your curiosity, OR you\u2019ve probably already heard all the buzz about Empower Network and you\u2019re not really sure what it is, how it works and if you should join.  read more..."}
{"_id": "474858", "title": "", "text": "This is really the heart of the issue. Third generation farmer from CA here, it's not a matter of there being no jobs. Americans are picky and simply don't want to work hard in the fields under the sun. It's ridiculous"}
{"_id": "474885", "title": "", "text": "I can too which is why i'm semi wary. They're just in it to sign as much people up as possible because if they find winners they can make money.  But at the same time if you can do well you can make good money as well. It's not like they're taking my money in fees or whatnot."}
{"_id": "474895", "title": "", "text": "Your analysis is wrong for a few reasons. One, the consolidated margins of Nflx are being weighed on by international expansion. US EBIT margins were 24% in 2016, and even that is an underestimating of steady state margin profile because nflx runs a subscription model where CAC is paid up front. US marketing was 7% of US streaming revenue in 2016, so in a mature sub-replacement growth profile you could easily see that coming down to 4-5%, accretion that delta to the US EBIT margin, leaving you around 26-27% margins. Stead state international margins should be higher because in local markets Netflix only wants to have 20% of the content library be local, with the remainder leveraged from the US library.   Haven't read the Bernstein report, but I think you misunderstood it. The point was that the analyst calculated net customer LTV and valued the company based on that times his sub estimate... The value additive part of the note is the LTV Calc, which I haven't seen but I imagine is probably based on the above margin analysis and some churn assumptions."}
{"_id": "474896", "title": "", "text": "On the one hand, it's a great idea to open a Roth IRA now, once you've got the cash to contribute. It's a tax designation sounds like it would fit your meager earnings this year. The main reason to open one now rather than later is that some types of withdrawls require the account be aged 5 years. But you can also withdraw the amount you've contributed tax free any time. Student loans right now are pricey, so if you're carrying a balance at say 6.8 percent fixed you should pay that down ASAP. Beyond that, I'd keep the rest liquid for now. Having that kind of liquid cash is extremely reassuring, and many of the biggest returns on investment are going to be in your personal life. More fuel efficient vehicles, energy efficient appliances, computer backups, chest freezers and bulk meat purchases, etc.  One example I see every six months is car insurance: I can pay for six months in full or I can pay a smaller monthly bill plus a small fee. That fee is well above current market rates. You see this everywhere; people searching for lower minimum payments rather than lower total costs. Save your money up and be the smart buyer. It's too damn expensive to be broke."}
{"_id": "474924", "title": "", "text": "\"1. As I said, the above is not actually anything like a genuine history of how money emerged, it's an explain-it-to-a-five-year-old parable to answer \"\"where does the money go in an economic contraction?\"\"  2. It's also not defense/endorsement/apology for any particular set of policies or historical theory of money. It's a picture-book describing the workings of an internal combustion engine using cartoon characters, not a treatise on the social and environmental implications of American car-culture.   That said, in the parable, the reasons why the simplified caricatures in the town chose to accept the fiat currency are pretty straightforward, and are actually explained:  - They were previously using a system of a whole bunch of separate, privately-issued currencies, each with complex and hard-to-evaluate credit risks (Bob's potato certificate versus Jane's Potato certificate versus your apple-certificate versus my deer certificate). This was causing problems and confusion about how much any given certificate was actually worth.   - The system proposed was proposed in a way that was *at least* as credible as the best existing system.   - Last but not least, they accepted the new currency for *exactly the same reason* that you accept dollar, euros, or whatever: because everyone else does.   There was no law preventing any of them from still trading apple IOUs (in fact, we still traded them, later in the example, except denominated in loddars). I could have asked you for the last note to denominated in apples, but that would probably have been harder to trade than the currency that everyone else is using.   I said I wouldn't get into the gold-standard debate, and I won't, and here's why: the debate hinges entirely and solely on whether you believe that a \"\"good\"\" fiat currency is possible and realistically sustainable. If you do, then fiat currency makes a lot more sense in every respect. If you don't, then fiat currency is always just a catastrophe waiting to happen.   My parable shows the mechanics of how money works. It doesn't say whether the system is good or bad, or whether they should have accepted the fiat system proposed, or held out for a better one, or rejected it altogether.   You can argue that internal combustion engines are bad, or that much better alternatives are available, or that nobody should use them, but that doesn't make a description of they work incorrect.\""}
{"_id": "474945", "title": "", "text": "Welp, I've seen a dozen bands/artists I absolutely love go and change their act and style so severely that I couldn't stand what they were doing - I simply didn't like it.  I understand why they needed to, gotta stay true to yourself.  But oh man, what I'd give for another album of two from each of my favorite artists who no longer make stuff of the type I loved.  Taylor Swift's fans are very lucky."}
{"_id": "474962", "title": "", "text": "I'm hearing that I should maybe wait and see how things go at first as it is only a very small operation.   But if I moved into a side of the trade where I require staff, vehicles, and the likes then I would need to registed as a limited company."}
{"_id": "474970", "title": "", "text": "It is meant to be a Valuation Model. So the data I have collected are for the Addressable Markets in potential countries( i.e. population currently affected by the disease and potential growth of the disease in the future). Possible competition for the drug. And most importantly the expenses of the drug (how much it cost to create the drug and clinical trails etc.) I need to create a Revenue chart and the Pricing for the drug as well. What I am looking for is someone who is familiar with creating a valuation model or has a template and can give me advice on how to structure this. thanks."}
{"_id": "474974", "title": "", "text": "There's no reason to keep the California LLC if you don't intend to do business in California.  If you'll have sales in California then you'll need to keep it and file taxes accordingly for those sales.  You can just as easily form a new LLC in Washington state and even keep the same name (if it's available in Washington, that is). Keeping the California LLC just creates paperwork for whatever regulatory filings California will require for no purpose at all.   As for your question about it looking suspicious that you just set up an LLC and then are shutting it down, nobody's going to care, to be honest.  As with your situation, plans change, so it isn't really all that unusual.  If you're concerned the government will say something, don't."}
{"_id": "474981", "title": "", "text": "\"You have multiple issues buried within this question. First, we don't know your tax bracket. For my answer, I'll assume 25%. This simply means that in 2016, you'll have a taxable $37,650 or higher.  The interesting thing is that losses and gains are treated differently. A 25%er's long term gain is taxed at 15%, yet losses, up to $3000, can offset ordinary income. This sets the stage for strategic tax loss harvesting. In the linked article, I offered a look at how the strategy would have resulted in the awful 2000-2009 decade producing a slight gain (1%, not great, of course) vs the near 10% loss the S&P suffered over that time. This was by taking losses in down years, and capturing long term gains when positive (and not using a carried loss).  Back to you - a 15%er's long term gain tax is zero. So using a gain to offset a loss makes little sense. Just as creating a loss to offset the gain. The bottom line? Enjoy the loss, up to $3000 against your income, and only take gains when there's no loss. This advice is all superseded by my rule \"\"Don't let the tax tail wag the investing dog.\"\" For individual stocks, I would never suggest a transaction for tax purposes. You keep good stocks, you sell bad ones. Sell a stock to take a short term loss only to have it recover in the 30 day waiting period just once, and you'll learn that lesson. Learn it here for free, don't make that mistake at your own expense.\""}
{"_id": "474983", "title": "", "text": "Never been in a work situation like this, but same fuckin' thing would happen in voice chat.  Someone eats a bag of chips, or burps in to their microphone?  I immediately leave the channel.  Can't stand that shit."}
{"_id": "474990", "title": "", "text": "Okay, keep apologizing for the brutal and savage economic system we have. Guess things must be working out okay for you. Hope it keeps going that way for you but most have already been thrown to the wolves.  We aren't even making an effort to try the ideas of socialism any more. The attempts that have been made are the building blocks to a better economy. Learn from the mistakes and stop sabotaging any country trying."}
{"_id": "474996", "title": "", "text": "\"You're mixing up rhetoric (aka discussion and argument) with dialectic (the \"\"logical\"\" search for absolute truth).  No essay about business could possibly be dialectic. Mine isn't. Paul Graham's certainly aren't. Therefore they are rhetoric, discussion and argument.  And \"\"This person has much to gain if you do what he says\"\" is an absolutely valid argument.  BTW - I'm self-taught. If you want to learn more, I highly recommend \"\"Thank You For Arguing.\"\"\""}
{"_id": "475014", "title": "", "text": "\"&gt;Just go back to the old rule of patents being good for one year after issuance.  That has never been the rule.  From the Patent Act of 1790:  \"\"...thereupon granting to such petitioner or petitioners , his, her or their heirs, administrators or assigns for any term not exceeding **fourteen years**, the sole and exclusive right and liberty of making, constructing, using and vending to others to be used, the said invention or discovery...\"\"\""}
{"_id": "475019", "title": "", "text": "\"The short version of JB King's excellent answer is that the company will typically buy back shares from the open market at market price. Sometimes, it will specifically target larger stakeholders, even controlling interests, who are making noise that they want to divest; if such an investor were to just dump their stock on the open market, neither the investor nor the company would be very happy with the resulting price collapse. In those cases, the company may offer an incentive price above market rates. In recent times, the investor looking to divest has often been the U.S. Government, who received stock in return for bailouts, and (with notable exceptions) turned a modest profit on many of them. Not enough to break even on the entire bailout, but the Government didn't just throw $700 billion in taxpayer money down a hole as conservative pundits would have you believe. In the '80s, a specific type of buy-back was made famous, called the \"\"leveraged buyout\"\". Basically, the company took out a huge loan against itself, and used that money to buy up all the company's publicly-traded shares, essentially becoming a private company. This became a popular tool among private equity groups, for better and worse.\""}
{"_id": "475024", "title": "", "text": "&gt; And this is why I will never believe in efficient markets. Stock prices are controlled by humans. Humans are insane.  As /u/beatarmy99 mentioned, EMH is a theory base very much so in how economics every single individual is considered a rational being.  It doesn't (and wasn't ever) mean it's intended to be applied in practice as it will never cover generalizations of humans in the market (like using generalized round numbers for option lots)."}
{"_id": "475029", "title": "", "text": "Yes, but at the same time, if it wasn't something they thought they could gain some good will from consumers, I don't think they would be doing this.   Because of Trump's unpopularity, they can make themselves look objectively good, without actually changing much of anything."}
{"_id": "475042", "title": "", "text": "Is it a gift or a loan? Either way, ask the same lawyer who will do the closing to record a mortgage on the property, your mother holds it.  You are required to pay her market interest, 4% or so should pass IRS scrutiny.  If it's truly a loan, decide on the payoff time and calculate the payments, she'll have a bit of interest income which will be taxable to her, and you might have a write-off if you itemize, which is unlikely.  If it's a gift, since you mentioned gift concerns, she can forgive the interest, and principal each year to total $13K, or file the popular Form 709 to declare the whole gift against her $1M unified lifetime gift exclusion (which negates the whole mortgage/lien thing)"}
{"_id": "475054", "title": "", "text": "It is recommended that you get this using Wire Transfer. The fees is slightly high, it should be in the range of USD 20 - 30. You would get the funds faster, about 3-5 days after the payment is initiated. The Fx conversion would be applied without your knowledge so you would have very little control over it. If you are getting by paper cheque, it would take around 7 - 10 days for the mail to arrive. You would have to deposit this in local Bank, complete a form giving out the details as to why you received the cheque, along with a letter to request the cheque to be cashed ... Generally it takes around 25 days for the funds to get credited. As you would be speaking to someone in Bank, you can try and negotiate a better Fx rate, however for such amounts Bank will not go out of the way, so you may not know what rate gets applied, it would be the standard rate some 20 days later when the actual cheque gets processed. The fees are relatively less in the range of Rs 500 to Rs 1000."}
{"_id": "475058", "title": "", "text": "\"What you are describing is a Chart of Accounts.  It's a structure used by accountants to categorise accounts into sub-categories below the standard Asset/Liability/Income/Expense structure. The actual categories used will vary widely between different people and different companies.  Every person and company is different, whilst you may be happy to have a single expense account called \"\"Lunch\"\", I may want lots of expense accounts to distinguish between all the different restaurants I eat at regularly.  Companies will often change their chart of accounts over time as they decide they want to capture more (or less) detail on where a particular type of Expense is really being spent. All of this makes any attempt to create a standard (in the strict sense) rather futile.  I have worked at a few places where discussions about how to structure the chart of accounts and what referencing scheme to use can be surprisingly heated!  You'll have to come up with your own system, but I can provide a few common recommendations: If you're looking for some simple examples to get started with, most personal finance software (e.g. GnuCash) will offer to create an example chart of accounts when you first start a session.\""}
{"_id": "475066", "title": "", "text": "&gt; Wait, so you can travel to see clients but can't travel to visit companies/do research? Don't clients respect alpha over face time?  Sounds like absolutely typical financial company behavior.  Especially with the research showing that active management (i.e., that alpha you mention) is only a product of luck anyways."}
{"_id": "475104", "title": "", "text": "The debt is a problem but IF (and the key word is if) other nations are lending to us at rates we dictate, then that is not a problem.  But if our own banks, Central Bank, and the like are buying it then the problem is being kept on our shores.  The issue is with fractional reserve lending, one will always have this issue but if other nations give us items/services for paper/pixels we send them why not continue."}
{"_id": "475105", "title": "", "text": "Coming from a libertarian, someone who believes in an ideology is demonstrably false with even a cursory understanding of economics or the political process?      Please, there has never been a libertarian government and there never will be and long after your dead the U.S. federal government will be involved in providing social welfare like roads, schools and bridges.  The reason you are beneath contempt when it comes to political discourse is that you are a true believer and nothing anyone says will ever change that.   You know what that makes you?  An idiot, in the classical Greek sense of the word."}
{"_id": "475108", "title": "", "text": "&gt; \u201cIf the [Black-Scholes] formula is applied to extended time periods\u2026.it can produce absurd results.\u201d  &gt; -Warren Buffett, 2008 Letter to Berkshire Hathaway Shareholders  I will give your question more thought, and come back with a quantitative solution. It may be most fruitful to apply a backward-induction options pricing model with detailed scenario-based discounted cash flow valuation models supported by pro forma financial statement and investment analysis.    Nonetheless, my initial reaction is inline with Warren Buffett's belief that in the long-run an assumption of the Black-Scholes options pricing model is invalid (see [here](http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.613.1657&amp;rep=rep1&amp;type=pdf) and [here](http://www.elon.edu/docs/e-web/academics/business/economics/faculty/kurt/OptionValuationBuffetCritique_123113.pdf)). The perceived invalid assumption is that the distribution of expected future stock prices is *not* log-normal in the long-run. This non-log-normal view is especially true for a single company stock.   This invalid assumption results in over-valuation of options prices from Black-Scholes - which makes it much better to sell long-term options than to buy them if market participants are using Black-Scholes pricing models.  Again, without having done the math yet, my gut tells me if the option seller is using Black-Sholes pricing for long-dated options, you would be best to avoid buying them as the prices will be inflated compared to an economic reality fair price."}
{"_id": "475111", "title": "", "text": "\"Rational shareholders wouldn't accept such an offer. The company making the offer is simply trying to get a deal with questionable \u2014 though not illegal \u2014 tactics. Your answer is actually in the link you provided.  Quoting from the fourth paragraph [emphasis is mine]:  The SEC has cautioned investors about mini-tender offers, noting that   \"\"[s]ome bidders make mini-tender offers at below-market prices, hoping   that they will catch investors off guard if the investors do not   compare the offer price to the current market price.\"\" The SEC's tips   for investors regarding mini-tender offers may be found on the SEC's   Web site at http://www.sec.gov/investor/pubs/minitend.htm. There's a lot more information at the SEC web page mentioned.  One part I'll highlight from the SEC web page mentions another reason for a mini-tender: Investors need to scrutinize mini-tender offers carefully. Some   bidders make mini-tender offers at below-market prices, hoping that   they will catch investors off guard if the investors do not compare   the offer price to the current market price. Others make mini-tender   offers at a premium \u2013 betting that the market price will rise before   the offer closes and then extending the offer until it does or   improperly canceling if it doesn't. You'll also find a lot more information at Wikipedia - Mini-tender offer.\""}
{"_id": "475115", "title": "", "text": "Per the IRS instructions on filing as Head of Household as a Citizen Living Abroad, if you choose to file only your own taxes, and you qualify for Head of Household without them, the IRS does not consider you married: If you are a U.S. citizen married to a nonresident alien you may qualify to use the head of household tax rates. You are considered unmarried for head of household purposes if your spouse was a nonresident alien at any time during the year and you do not choose to treat your nonresident spouse as a resident alien. However, your spouse is not a qualifying person for head of household purposes. You must have another qualifying person and meet the other tests to be eligible to file as a head of household. As such, you could file as Married Filing Separately (if you have no children) or Head of Household (if you have one or more children, a parent, etc. for whom you paid more than half of their upkeep - see the document for more information).   You also may choose to file as Married Filing Jointly, if it benefits you to do so (it may, if she earns much less than you).  See the IRS document Nonresident Spouse Treated As Resident for more information.  If you choose to treat her as a resident, then you must declare her worldwide income.  In some circumstances this will be beneficial for you, if you earn substantially more than her and it lowers your tax rate overall to do so.  Married Filing Separately severely limits your ability to take some deductions and credits, so it's well worth seeing which is better."}
{"_id": "475141", "title": "", "text": "Per IRS regulations, if your stipend is not paying you for qualified expenses (primarily, tuition and books; explicitly not room and board or travel), it is taxable.  It doesn't require self-employment taxes (which are Medicare and FICA, normally paid in part by an employer), but it is taxable income from an income tax perspective.  You can generally deduct your books and such if you have your receipts - expenses 'required' by the institution for the coursework.  Do verify that the amount on the 1099-MISC reflects what you actually received in cash above and beyond the tuition waiver - don't assume the college did this the way you expect, or even properly.  Your bank statements should match the amount on the form. You should definitely include it in your gross income and pay taxes on it.  If you received alternate instruction, you should clarify that with the people doing the filing, and follow up with a supervisor perhaps (it's possible the volunteers helping at an event like this aren't familiar with this part of tax preparation). (Source, in addition to IRS regulations - I was my wife's tax preparer many of the years she was in her Ph.D. program.)"}
{"_id": "475143", "title": "", "text": "We understand that BUYING OR SELLING can sometimes be a very stressful situation especially if you do not understand the language. We, here at RD Properties speak English &amp; Spanish and here to assist, not only purchasing or selling your property, but with all legal documentation during the process."}
{"_id": "475149", "title": "", "text": "&gt;It's a marginal cost that is passed on to their customers.  No, it's not.  The bank can't just jack up prices when they've got competitors, after all.  &gt;The costs of which will be passed on to customers.   Again, if the bank has even one competitor who didn't suffer as much or any damage, customers aren't just going to suck it up.  &gt;Image is EVERYTHING - it's the only thing that supports the existing murderous regime.  I'm not remotely an anarchist, but this statement just sounds fucking foolish.  *Brute force* supports the existing regime.  That's basically it.  You had people marching peacefully in the streets, in their thousands, for an end to this regime, and the regime arrested and evicted the lot.  Oh, and spied on them too."}
{"_id": "475160", "title": "", "text": "In November '14, I wrote TurboTax 2014 Marketing Mistake  Shortly after writing it, a TurboTax agent wrote (on Amazon) to counter the complaints by saying that Deluxe has these forms but did not offer Interview help for them.  As Ben notes in his comment on LittleAdv's answer. TurboTax issued an apology letter, which, in my opinion, didn't really set things straight, factually.  The forms are there, the interview and data import for stock transactions is gone."}
{"_id": "475170", "title": "", "text": "\"No, not really. This depends on the situation and the taxing jurisdiction. Different countries have different laws, and some countries have different laws for different situations. For example, in the US, some investments will be taxed as you described, others will be taxed as \"\"mark to market\"\", i.e.: based on the FMV difference between the end of the year and the beginning of the year, and without you actually making any transactions. Depends on the situation.\""}
{"_id": "475172", "title": "", "text": "Inflation can be held at whatever level the international fiat banking system desires up until it hits the tipping point. Commodities are still high over a 3 year tracking (my uncle and cousin run a family farm of 1000 acres and they are in heaven this year with prices of beef, corn, and soy so high), and luxury goods are deflating because no one is buying them."}
{"_id": "475192", "title": "", "text": "I'd suggest taking all the money you have saved up and putting in a mutual fund and hold off on buying a rental property until you can buy it outright.  I know it seems like this will take forever, but it has a HUGE advantage: I know it seems like it will take forever to save up the money to buy a property for cash, but in the long run, its the best option by far."}
{"_id": "475197", "title": "", "text": "Well according to US logic, an individual can be born outside the US to an American parent, never have even stepped foot in the US or even be aware of their American citizenship, but still owe taxes and reporting to the IRS. There are no true international corporations as each country has to have its own subsidiary in order to follow local laws. (well EU being common market can just have one EU) Those subsidiaries are owned by whatever percentage by the headquarters, but are distinct companies."}
{"_id": "475199", "title": "", "text": "Degree of Operating Leverage (DOL) measures the percent change in EBIT given a 1% change in Revenue. In other words, if DOL is 1.5, then increasing Revenue by 1% will increase EBIT by 1.5%.  Degree of Financial Leverage (DFL) measures the percent change in NI given a 1% change in EBIT.  Degree of Total Leverage (DTL) cuts EBIT out and measures the percent change in NI given a 1% change in Revenue.   What all three of these numbers measure is \u201celasticity.\u201d The elasticity between two variables is always the percentage change effect on one due to a 1% change in the other.   Before we talk about why you would multiply elasticities, let\u2019s first just look at absolute changes between a change of three variables, X Y and Z. Lets say X impacts Y (X-&gt;Y) and Y impacts Z (Y-&gt;Z). To make it even more concrete, let\u2019s imagine a classroom where every student is required to have 2 books and every book has 100 pages. So X = # students, Y = # of books, and Z = # of pages. If we add one student to the class, we need to add 2 books. If we add 1 book to the class, we have added 100 pages. With absolute changes like this it is obvious that we don\u2019t add, we multiply. In other words, to directly see the impact of a new student on the number of pages (X -&gt; Z), we would say 1 student -&gt; 2 books -&gt; 200 pages. To say 102 pages would obviously be silly.   For percent changes, this looks pretty similar. To make it easy say the class has 100 students. So adding 1 student is a 1% change. Then we go from 200 books to 202 books, a 1% change. So the degree of Student to Book Leverage is 1 (which make sense there are no \u201cfixed pages\u201d). We go from 20,000 pages to 20,200 pages, also a 1% change so the degree of Book to Page leverage is also 1. Thus, the Student to Page leverage is also just a flat 1.   Let\u2019s add fixed amounts. The teacher has a single 2,000 page book on how to teach. We\u2019ll assume the class has 20 students. So we start with 20*2 + 1 = 41 books and 40*100 + 2,000 = 6,000 pages. Let\u2019s add a student. We have a 21/20 -1 = 4% increase in students. 43/41 -1 = 4.89% increase in books. 6,200/6,000 \u2013 1 = 3.33% increase in pages. So the Degree of Student to Book Leverage is 4.00/4.89 = 0.818 and the Degree of Book to Page Leverage is 4.89/3.33 = 1.47. And the direct Student to Page Leverage is 4.00/3.33 = 1.20. Again, note that here it would be silly to add the degrees of leverage, and when we do multiply them we get 0.82*1.47 = 1.2, the right answer.   From here the application to EBIT [= Sales - Fixed Cost - Variable Cost = (Gross Margin * Sales) - Fixed Cost] and the application to EPS [= EBIT - Interest \u2013 Taxes = (1 \u2013 tax rate)*(EBIT \u2013 Interest)] should be obvious. I can supply the full proof mathematically, however, if you would like."}
{"_id": "475227", "title": "", "text": "\"He essentially invented the \"\"sharing economy\"\" and has the most valuable startup ever... how is that a \"\"shitty CEO\"\" lol. Dude has some personal problems and trouble dealing with them like a human would, figured a leave of absence would be enough. I'd hate to be in the place of some large stakeholders right now\""}
{"_id": "475230", "title": "", "text": "&gt; I agree but...  ( i didn't read the article in its entirety!)  Reading it all is kinda key. It says in there that her business had a slow decline over a couple years and was 50% of what it was. So, she probably spent any savings to keep it afloat in the lean years."}
{"_id": "475232", "title": "", "text": "Interestingly, California dumped a lot of money into a program to try to do just this.  Hundreds signed up for @ ~$18.00/hr fruit picker jobs but only a small handful stayed on after working a day.  They preferred an easy min wage job.  Maybe the wage is the issue, but at what point can farmers be competitive with imports from other countries?  They are already heavily subsidized."}
{"_id": "475241", "title": "", "text": "\"Yes, that's all they do.  It's effectively an \"\"automatic saving/investing\"\" program.  Bank of America does something similar with \"\"Keep the Change\"\", transferring the leftovers from checking to savings. The basic concept here is that people are lousy at saving, so if you put money into savings/investments in some way that is not in your control, it will be better than if you do it under your control even if it costs something because you're going to spend whatever your checking account balance is - so if that balance is artificially reduced, you'll not spend that money and instead have it in savings.  This may be effective for some people, I don't know.  Not something I would touch with a ten foot pole.\""}
{"_id": "475248", "title": "", "text": "Not a lot. A few thousand. Enough to put food on the table. It has come in handy for me for other reasons as well, but nothing as dramatic as that. When the real economic crunch hit I had about $10K in case there was a run on the banks."}
{"_id": "475258", "title": "", "text": "dyslexia is tied into being good at math, music, and science. When nasa was in full swing they hired almost exclusively dyslexic people because they always ended up being better engineers.  Aspergers is autism, just a sub in the umbrella. Again, makes them specialize at something so they end up being really good in a specific advanced job.  Adult ADD (again talking about adults not kids) makes it so they can only concentrate on what they want to concentrate on. This makes them excel in a specific skill. ADD does not tie into engineering like the others though. One with ADD tends to excel in anything they enjoy, and not specifically the math, science, engineering, music, ... spectrum.  People who are autistic are often more efficient when it comes to learning what they want. This is why above I mentioned geniuses being able to skip steps: They often can learn it faster and better than the average person.  The only reason it is even thought of as a 'disability' is because people like that are less social than normal people. They would rather be doing something instead of watching TV and zoning out."}
{"_id": "475263", "title": "", "text": "\"Strange, it works for me... Here's the only part that matters:  &gt; In September 2016, a managing director at Barclays\u2019 New York office sent an email \u2014 seen by the Financial Times \u2014 explaining that the two banks \u201chave agreed to a 1-year ban on hiring any JPMC employee by Barclays\u201d in key areas such as in corporate and investment banking.  &gt; The email, sent to more than 20 senior colleagues, goes on to say that following a review of pending offers by Barclays to JPMorgan staff, one \u201cunfortunately will be pulled from Wealth UK\u201d.  &gt; However, five days after the initial email, the same New York-based Barclays managing director sent a six-line message, telling recipients to disregard the original email.\"\"  So basically all just conjecture as to which email was their \"\"real\"\" stance on the poaching issue - Was the first one the real thing and the second just a CYA; or was the first one a huge mistake by a managing director, and the second probably included the phrase \"\"will be spending more time with his family\"\"?\""}
{"_id": "475265", "title": "", "text": "Top comment in thread is about suing for an idea you haven't patented if they steal it  If there's an NDA you can kinda sorta do that. I'm not saying this alone was the breach, it's about if his idea was stolen."}
{"_id": "475267", "title": "", "text": "I agree, and admit that I probably assumed a bit too much context.  &gt;hate group exists for a specific hateful purpose, whereas a country does not  I agree, but PayPal *is* into taking highly-publicized regional action based on social and political issues. For example, consider the transgender bathroom rights issue taking place in North Carolina last year. Not even close to every resident of the State supported it, yet PayPal made State-level decisions based on it\u2014such as their choice  to pull out of plans for a new global headquarters in Charlotte, NC. See here:  http://money.cnn.com/2016/04/05/technology/paypal-north-carolina-lgbt/index.html  If all residents in Saudia Arabia don't believe in discrimination, and therefore PayPal doesn't exclude business with the country as a whole :: Then all residents of NC not agreeing with another form of discrimination shouldn't exclude business from NC as a whole\u2014yet it did.  The difference? PayPal isn't going to lose a recurring amount of money by moving their operations to a different State, especially when they haven't really laid down too much sunk cost. Cessation of payment processing, on the other hand, would have had an impact on their bottom line.   They like to flex their Political and Social Opinion, but seem to be very cost-effective in how they choose to do so. I respect them for taking initiative to use their influence to impact the world in a way they see most-fit, but I also believe that many people over-applaud or over-blame them. PayPal isn't risking business for causes in the same way that a soldier might risk their life for a cause\u2014they're only risking their reputation like a Politician might in openly supporting or opposing a war."}
{"_id": "475270", "title": "", "text": "\"At no point is it ever a good idea to \"\"stop making payments to show them [you] mean business\"\". When you signed up for the credit card account, you agreed to pay what you charged, and any applicable interested accrued on the accounts. You are legally responsible for that debt, and you can be sued, if they are so inclined. Many times, settlement agencies are employed because a risk assessment operator (or whatever they're called at your cc company) calculated that they are currently financially better off settling for a reduced balance than attempting to chase you for the full amount. As soon as the terms of your refinance hits your credit history, that changes. To reiterate and make it clear: This is a very dangerous approach to breaking credit card debt, and I would not advise that anybody proceed with it. EDIT: If you offer 50% of the balance in a lump sum payment, they decline, and you continue with non-payment, they have reason to believe that you are financially capable of making payments, and are much more likely to seek legal action.\""}
{"_id": "475273", "title": "", "text": "If someone invest certain amount on my company and after a year I am   able to return the exact capital with the profit, what will I do to   that investor?  Did the investor receive shares in the company for the money that was invested in the company? This is the big question here as if so then there isn't the need to return the money but rather grow the business so that the investor's shares are worth more. Will that person still invest in my company?  You may need to consider what you mean by invest as generally there are a couple of ways to finance a business: Equity - Ownership of the company is sold to raise money to run the company. Debt - The company is lent money that is to be repaid over time. Investing is usually the first case not the second. What if I have enough profit to continue my business, do I still need   that investor? You wouldn't need the investor. However, you may want that investor as they could provide more funds, connections or other benefits to the company that may be worth considering here."}
{"_id": "475275", "title": "", "text": "Oops, sorry, I forgot, but yes, you did say that it was MIT.  I've never heard about a school owning apartments, just dorms, and I'm in California and know nothing about MIT except it's a high-end school in Mass. somewhere, a place I've never been.  Oh, I've also heard of Harvard.  :)  Here in California, I don't know if schools would get away with that.  Certainly not at Berkeley."}
{"_id": "475289", "title": "", "text": "The donor might need to pay gift tax if they give money directly to you. Paying the tuition on your behalf (giving the money directly to the school) is exempt from gift tax. But that's not your problem, it is the donor's. There's no tax on receiving gifts, and you're not forbidden to receive gifts by virtue of being on a visa."}
{"_id": "475305", "title": "", "text": "\"says the [Congressional Budget Office](http://www.cbo.gov/ftpdocs/96xx/doc9688/MainText.3.1.shtml#1089499):  &gt; CBO estimated the Army\u2019s total costs at $88 million to maintain 1.2 units at home station and $110 million to have 2.0 units at home station for each deployed unit (see the table above). Those costs bracket Blackwater\u2019s total cost of $99 million to perform the same security function.   This was directly comparing contractors to military. The contractors are, long-term, cheaper because we do not intend (or at least should not intend) to maintain military presence indefinitely. Police forces or waste removal are not things that will go away, to replace those would make little difference. Please read the entire section of the linked *evidence* before your respond with any more grey lady propaganda.   &gt; \u201cPart of the problem with doing studies like this is the lack of data about what the government pays contractors,\u201d he said.  we don't have enough evidence to make any valid conclusions, but that's not gonna stop us from doing it anyway.  edit:  Steven Shooner on May 19, 2005: There's a number of episodic studies since, but there has not been a compelling case made that government outsourcing, particularly this type of outsourcing, saves money.\"\"  CBO on August 2008:This paper, which covers the period from 2003 through 2007, provides an overview of the federal costs of employing contractors in Iraq and in nearby countries, the type of products and services they provide, the number of personnel working on those contracts, comparisons of past and present use of contractors during U.S. military operations, and the use of contractors to provide security.  He may have been right at the time, but the CBO has now done a comprehensive study of contracting in that situation. read the paper. Contractors aren't a cure all and the implementation lacked effective oversite (included in the paper) but it is cost effective\""}
{"_id": "475327", "title": "", "text": "Absolutely. Courting controversy is how I get my message out to people who'd otherwise never hear it. People can call me anything they want, as long as they're talking about my message.  I'll still rebut it though, for the benefit of the lurkers."}
{"_id": "475330", "title": "", "text": "Bull fucking shit. My sister was shot in the neck in fells point.   Look at the fucking crime statistics. It has nothing to do with the wire.   I lived in Baltimore for 29 years before moving to Boston. It's night and day.   You're blaming my 29 years of personal experience on a fucking television show? Go to hell."}
{"_id": "475335", "title": "", "text": "&gt;Unskilled Nigerians make 1,000% more.   So at about $2k per year (x10 for the Nigerian bonus listed in the article) x200MM for Nigeria's population, we end up with an approximately $4 trillion annual boost to the US economy by putting all of Nigeria into the United States. Shit! Why haven't we been doing this before?  Favorite line from the article: &gt;If something seems too good to be true, it probably is not actually true."}
{"_id": "475338", "title": "", "text": "\"What do you mean by \"\"interfering\"\" ? It sounds like you are making a negative judgement on gov controls. *Unbridled* capitalism is toxic - this is why America is a mess. Go read Adam Smith.  Other western countries have tight controls over healthcare .. and they get a better quality product at an affordable price.\""}
{"_id": "475355", "title": "", "text": "\"Right?  I was like \"\"how the hell can they possibly prevent that?\"\" Then, when I saw that it occurs when using their in-store WiFi I was like \"\"who the hell bothers to connect to WiFi in a grocery store?\"\"    I, personally, make it a point to never connect to any public WiFi at all for security reasons.  If I don't have good enough cell service to comparison shop I take pictures of the tags and do it outside.  Again, though, why would I ever comparison shop at a grocery store?  I'm talking more about a couch or something.\""}
{"_id": "475357", "title": "", "text": "\"If he DOES get money, the minimum amount of time will be 20-25 years from now.   The money comes from the IRS and has to be signed off by a bunch of elected folks AND has to be pushed by the individual agent.  Everybody will see multi-millions as \"\"too much\"\" and opt for something reasonable.\""}
{"_id": "475363", "title": "", "text": "AuDatingSites is the best dating website in the Australia. Here you can find the private contact for men or women dating. Our website goal is to allow to contact which want to date with each other. If you want to escapade with an unknown person, then you can visit our company website and create your profile. We provide a passive connection between the online publication and distribution of the profile and other information."}
{"_id": "475368", "title": "", "text": "The way I see it is - we do know that meat production is inefficient and resource intensive. It is more environmentally damaging than alternatives, and there is something to be said for killing tens of billions of animals of a year when it is in fact not necessary.   So even if low carb - or high meat diets did have similar health benefits to vegan diets when done \u2018right\u2019 it still isn\u2019t a logical diet for a large population to follow because of its wider implications."}
{"_id": "475370", "title": "", "text": "You work backwards. A top-down budget. i.e. 'bottom-up' is to list what you want, and perhaps find that there's nothing left for retirement savings, top-down divides from your gross income down to each expense. Say you make $60000/yr, $5000/mo. $1250 is about what you can spend on housing. You can go with the smallest apartment you can tolerate, a tiny 2 BR with roommate, or get the biggest apartment or house you can afford for this money.  In the end, this question may be closed as 'opinion-based.' It's not simple to answer and it's more about your own preferences. Quality of life is more than your house/apt size. I've known people who lived in tiny spaces, and used public transportation, but took 3 week-long trips each year. Others who lived in big houses, drove fancy cars, and somehow when their first kid entered high school, realized they had saved nothing for college.  Decide on your own priorities and tilt the budget to reflect that."}
{"_id": "475393", "title": "", "text": "Perhaps something else comes with the bond so it is a convertible security. Buffett's Negative-Interest Issues Sell Well from 2002 would be an example from more than a decade ago: Warren E. Buffett's new negative-interest bonds sold rapidly   yesterday, even after the size of the offering was increased to $400   million from $250 million, with a possible offering of another $100   million to cover overallotments. The new Berkshire Hathaway securities, which were underwritten by   Goldman, Sachs at the suggestion of Mr. Buffett, Berkshire's chairman   and chief executive, pay 3 percent annual interest. But they are   coupled with five-year warrants to buy Berkshire stock at $89,585, a   15 percent premium to Berkshire's stock price Tuesday of $77,900. To   maintain the warrant, an investor is required to pay 3.75 percent each   year. That provides a net negative rate of 0.75 percent."}
{"_id": "475396", "title": "", "text": "I'll have to read the discussion.    I did mean owed.  A quick reading of the decision seemed to indicate that the law they were considering was for 3rd party debt collection agencies.  They decided that if the company was directly owed the money, they weren't under that law.   If it was a unanimous decision it seems like there must have been something pretty obvious about it.  Thanks for the link to the discussion."}
{"_id": "475397", "title": "", "text": "There is no advantage to using one type of account or the other if you are in the same tax bracket at retirement that you are in during your working years. However, for tax planning reasons, it is good to have some money in both a Roth and a traditional IRA plan.  JoeTaxpayer has often advocated a good rule of thumb to use a Roth when your tax bracket is 15% or lower, and use a traditional account when in the 25% bracket or above. The reason for this rule of thumb is that you are less likely to be in the higher tax bracket when you are living off retirement savings unless you put away an awful lot of money between now and then. If you are making enough money to be paying a 25% marginal rate on some of the money you would be putting away for retirement, then by all means, put all of that money in a traditional 401k. If after contributing that portion of your savings taxed at the higher rate, you still have money to put away for retirement, put the rest in a Roth and pay the 15% taxes on it. When you are younger, it is likely that you are making less than you will a few years hence, and it is also likely that a larger portion of your income will be paying tax deductible interest on a mortgage. If those are true for you, then by all means, use the Roth. That was true of me when I was single and just getting started. When you do finally retire, it is possible that the tax brackets will be increased to match inflation, and if so, then there is no benefit to having tax free money at retirement vs. paying taxes on deferred accounts, but there is also usually more flexibility in when to spend money. You may find that you have a year where you have to spend a lot, so it is good to be able to pull money out without it increasing your marginal rate for that year, and other years where you spend relatively smaller amounts, and you can withdraw taxable money and pay a lower rate on that money. No one knows what the tax code will look like in 40 years, but having some money in each type of account will give you flexibility to minimize your tax bill at retirement."}
{"_id": "475399", "title": "", "text": "That is how they got their real start and it's well covered in The Founder (great movie by the way, and on Netflix) but nowadays I suspect McDonalds does not always do this, especially when you consider how many franchises are inside malls or Walmarts or gas stations, owning this real estate would be impossible."}
{"_id": "475405", "title": "", "text": "\"In general, small cap stocks are exposed to more downside during recessions and when credit is tight, because it is more difficult for small companies to raise capital, and minor variations in cash flow have a bigger impact. Coming out of recessions or when credit is cheap, small companies generally perform better than larger companies. In the depths of recession, small companies with good cash flow are often great value investments, as analysts and institutional investors \"\"punish\"\" the entire class of smallcap companies.\""}
{"_id": "475407", "title": "", "text": "Add to this that every argument is incredibly generalized with almost no proof or support. I could think of 10 companies that this article could apply to off the top of my head, one being Apple. That said there are as many companies that fall under these same traits that have remained successful.   Maybe it's just really hip to trash talk Microsoft and Forbes is looking to cash in."}
{"_id": "475410", "title": "", "text": "You can always take deduction for foreign tax paid on Schedule A, or calculate foreign tax credit using form 1116. Credit is usually more beneficial, but in some cases you will be better of with a deduction. However, in very specific cases, you can claim the credit directly on your 1040 without using the form 1116. Look at the 1040 instructions for line 47: Exception.   You do not have to complete Form 1116 to take this credit   if all of the following apply. All of your foreign source gross income was from interest and dividends and all of that income and the foreign tax paid on it were   reported to you on Form 1099-INT, Form 1099-DIV, or Schedule K-1 (or   substitute statement). The total of your foreign taxes was not more than $300 (not more than $600 if married filing jointly). You held the stock or bonds on which the dividends or interest were paid for at least 16 days and were not obligated to pay these   amounts to someone else. You are not filing Form 4563 or excluding income from sources within Puerto Rico. All of your foreign taxes were: Legally owed and not eligible for a refund or reduced tax rate under a tax treaty, and Paid to countries that are recognized by the United States and do not support terrorism. For more details on these requirements, see the Instructions for   Form 1116."}
{"_id": "475412", "title": "", "text": "Gift taxes kick in at around $13K per giver per recipient per year. That means that a straight up gift of $200K (as cash or a house) will incur a tax. It is possible, however, that if the father has a spouse, he and the spouse could each give the mother and each child the full gift limit, for a total of about $78K per year, and that money could be used by all 3 of them to buy the house jointly, over a couple of years. I think the children would have to be on the title, since part of the gift money would be theirs (and one is an adult). As far as lending the money, my in-laws are our mortgage lenders, and when we structured the loan, it had to be at a market rate (which could be the lowest advertised rate we found for a fixed-rate mortgage, independent of what we might actually qualify for) or we could not deduct interest payments. Forgiving the loan could also be considered a gift, so they would need to keep an audit trail showing that payments were made, and her father would need to declare the interest income on his taxes. If he bought the house as a second home and let her and her children live there rent-free, it might work, but I'm not sure. It would, in that case, be an asset of his estate when he dies. I don't know anything about structuring it as a trust. Free rent could conceivably also be construed as a gift, subject to the limits stated above. Disclaimer: Not a tax professional."}
{"_id": "475418", "title": "", "text": "\"Great question!  A Yield Curve is a plot of the yields for different maturities of debt. This can be for any debt, but the most common used when discussing yield curves is the debt of the Federal Government. The yield curve is observed by its slope.  A curve with a positive slope (up and to the right) or a steepening curve, i.e. one that's becoming more positively sloped or less negatively sloped, may indicate several different situations. The Kansas City Federal Reserve has a nice paper that summarizes various economic theories about the yield curve, and even though it's a bit dated, the theories are still valid. I'll summarize the major points here. A positively sloped yield curve can indicate expectations of inflation in the future. The longer a security has before it matures, the more opportunities it has to be affected by changes in inflation, so if investors expect inflation to occur in the future, they may demand higher yields on longer-term securities to compensate them for the additional inflationary risk. A steepening yield curve may indicate that investors are increasing their expectations of future inflation. A positively sloped yield curve may also reflect expectations of deprecation in the dollar. The publication linked before states that depreciation of the dollar may have increased the perceived risk of future exchange rate changes and discouraged purchases of long-term Treasury securities by Japanese and other foreign investors, forcing the yields on these securities higher. Supply shocks, e.g. decreases in oil prices that lead to decreased production, may cause the yield curve to steepen because they affect short-term inflation expectations significantly more than long-term inflation. For example, a decrease in oil prices may decrease short-term inflation expectations, so short-term nominal interest rates decline. Investors usually assume that long-term inflation is governed more by fundamental macroeconomic factors than short-term factors like commodity price swings, so this price shock may lead short-term yields to decrease but leave long-term relatively unaffected, thus steepening the yield curve. Even if inflation expectations remain unchanged, the yield curve can still change. The supply of and demand for money affects the \"\"required real rate,\"\" i.e. the price of credit, loans, etc. The supply comes from private savings, money coming from abroad, and growth in the money supply, while demand comes from private investors and the government. The paper summarizes the effects on real rates by saying Lower private saving, declines in the real money supply, and reduced capital inflows decrease the supply of funds and raise the required real rate. A larger government deficit and stronger private investment raise the required real rate by increasing the demand for funds. The upward pressure on future real interest rates contributes to the yield curve's positive slope, and a steepening yield curve could indicate an increasing government deficit, declines in private savings, or reduced capital coming in from abroad (for example, because of a recession in Europe that reduces their demand for US imports). an easing of monetary policy when is economy is already producing near its capacity ... would initially expand the real money supply, lowering required short-term real interest rates. With long-term real interest rates unchanged, the yield curve would steepen. Lower interest rates in turn would stimulate domestic spending, putting upward pressure on prices. This upward price pressure would probably increase expected inflation, and as the first bullet point describes, this can cause long-term nominal interest rates to rise. The combination of the decline in short-term rates and the rise in long-term rates steepens the yield curve.  Similarly, an inverted yield curve or a positively sloped yield curve that is becoming less steep may indicate the reverse of some or all of the above situations. For example, a rise in oil prices may increase expectations of short-term inflation, so investors demand higher interest rates on short-term debt. Because long-term inflation expectations are governed more by fundamental macroeconomic factors than short-term swings in commodity prices, long-term expectations may not rise nearly as much as short term expectations, which leads to a yield curve that is becoming less steep or even negatively sloped. Forecasting based on the curve slope is not an exact science, just one of many indicators used.  Note - Yield Curve was not yet defined here and was key to my answer for What is the \"\"Bernanke Twist\"\" and \"\"Operation Twist\"\"? What exactly does it do? So I took the liberty of ask/answer.\""}
{"_id": "475426", "title": "", "text": "\"Google Docs spreadsheets have a function for filling in stock and fund prices.  You can use that data to graph (fund1 / fund2) over some time period. Syntax: =GoogleFinance(\"\"symbol\"\", \"\"attribute\"\", \"\"start_date\"\", \"\"num_days|end_date\"\", \"\"interval\"\") where: This analysis won\u2019t include dividends or distributions. Yahoo provides adjusted data, if you want to include that.\""}
{"_id": "475429", "title": "", "text": "I am not exactly sure what the true motivation of your question is as to give you a really helpful answer. But yes, sender data (name of the sending account holder) is always provided. Everything else would open the door to money laundering."}
{"_id": "475440", "title": "", "text": "Indeed - the math. I bought my car 6 years ago. It was an ex showroom model (not demo) so came fully kitted and with a decent discount. I had the cash, but the salesman wanted me to take financing on half of the price *and gave me a discount* so that I would. It was a 3 year loan at a very low rate and was therefore lower than the cash price I had gotten. So I took the deal. I can only assume he was getting better commission rates for financing than he was selling cars. Either way, worked out for me."}
{"_id": "475452", "title": "", "text": "\"Lots of people make poor decisions in crises.  Some panic, and don't make any decision at all. Insurance for affordable things can provide emotional security:  If something goes wrong, the purchaser will not have to make a painful financial decision in a crisis.  Many people do not want to have the burden of arguing about money, or having to spend precious cash, or borrow money, or raid savings accounts, just at the time they are already reeling from another loss.  Having insurance \"\"just take care of it\"\" can save them an emotional double-whammy.   Several kinds of insurance fill this perceived need:\""}
{"_id": "475455", "title": "", "text": "What?!!! how dare you sir!!! how dare you!!!  I'll have you know that the Fed and the Treasury has their back, not to mention Goldman and a number of other banks . . .you know finance is their thang . . .and if you say anything at the UN, you will find your 401K being used as toilet paper in an illegal settlement  . .and you will be on food stamps . .then they will kick you in the balls and yell terrorist  Woohoooo!!! . .Krav Maga . . .Shekel as a global reserve currency!!! WoooHoooo"}
{"_id": "475457", "title": "", "text": "\"There are probably many correct answers to this question, but for most people, the main reason is qualified dividends. To be a qualified dividend (and therefore eligible for lower tax rates), the dividend-paying stock or fund must be held for \"\"more than 60 days during the 121-day period that begins 60 days before the ex-dividend date\"\". Since many stocks and funds pay out dividends at the end of the year, that means it takes until mid- to late February to determine if you held them, and therefore made the dividend qualified. Brokerages don't want to send out 1099s in January and then possibly have to send out revised versions if you decide to sell something that paid a dividend in December that otherwise would have been qualified.\""}
{"_id": "475471", "title": "", "text": "you can start by realizing you usally don't lose permenantly investing, the stock may go down temporarily, but unless the stock is absolute shit it will be worth A LOT more 5 years from now, and will bounce back pretty soon, you only lose if you buy high and then SELL low"}
{"_id": "475472", "title": "", "text": "My assumption was given the amount of supply from Russia to Europe limited, the price would rise, as it mostly happens when there is a disruption in any of the producing countries in the world. As you also mentioned we don't know his 10 O&amp;G stocks and I'd expect mixed reaction instead of one direction mov't. But I still agree with your point."}
{"_id": "475474", "title": "", "text": "I'm going to assume that you will spend the money to fix the mold problem correctly.  Using your numbers, after that is done, the home is worth perhaps $280k. To evaluate whether or not to sell, the amount you have spent on the house is irrelevant. The only thing you need to ask yourself is this: Would I spend $280k to buy this house today? You might, if you were happy with the rental income that you were getting. If the house is fully rented, it earns you $24k/year, which is an 8.6% return if you had purchased the house today at $280k. Of course, you will have vacancies, taxes, and other expenses bringing that return number down. Figure out what that is, and see if you are happy with the return based on those numbers.  If you decide it would be a bad investment for you at $280k, then sell the house.  By the way, this question works for any investment, not just real estate. When deciding whether or not to sell stock, the same thing applies. It is irrelevant what your cost basis is. You only need to ask yourself if the stock would be a good buy for you at the current price."}
{"_id": "475478", "title": "", "text": "\"You might convert all your money in local currency but you need take care of following tips while studying abroad.Here are some money tips that can be useful during a trip abroad. Know about fees :- When you use a debit card or credit card in a foreign country, there are generally two types of transaction fees that may apply: Understand exchange rates :- The exchange rate lets you know the amount of nearby money you can get for each U.S. dollar, missing any expenses. There are \"\"sell\"\" rates for individuals who are trading U.S. dollars for foreign currency, and, the other way around, \"\"purchase\"\" rates. It's a smart thought to recognize what the neighborhood money is worth in dollars so you can comprehend the estimation of your buys abroad.  Sites like X-Rates offer a currency converter that gives the current exchange rate, so you can make speedy comparisons. You can utilize it to get a feel for how much certain amount (say $1, $10, $25, $50, $100) are worth in local currency. Remember that rates fluctuate, so you will be unable to suspect precisely the amount of a buy made in a foreign currency will cost you in U.S. dollars. To get cash, check for buddy banks abroad:- If you already have an account with a large bank or credit union in the U.S., you may have an advantage.  Being a client of a big financial institution with a large ATM system may make it easier to find a subsidiary cash machine and stay away from an out-of-system charge.  Bank of America, for example, is a part of the Global ATM Alliance, which lets clients of taking an interest banks use their debit cards to withdraw money at any Alliance ATM without paying the machine's operator an access fee, in spite of the fact that you may at present be charged for converting dollars into local currency used for purchases.  Citibank is another well known bank for travelers because it has 45,000 ATMs in more than 30 countries, including popular study-abroad destinations such as the U.K., Italy and Spain. ATMs in a foreign country may allow withdrawals just from a financial records, and not from savings so make sure to keep an adequate checking balance. Also, ATM withdrawal limits will apply just as they do in the U.S., but the amount may vary based on the local currency and exchange rates. Weigh the benefits of other banks :- For general needs, online banks and even foreign banks can also be good options.  With online banks, you don\u2019t have to visit physical branches, and these institutions typically have lower fees. Use our checking account tool to find one that\u2019s a good fit. Foreign banks:- Many American debit cards may not work in Europe, Asia and Latin America, especially those that don\u2019t have an EMV chip that help prevent fraud. Or some cards may work at one ATM, but not another. One option for students who expect a more extended stay in a foreign country is to open a new account at a local bank. This will let you have better access to ATMs, and to make purchases more easily and without as many fees. See our chart below for the names of the largest banks in several countries. Guard against fraud and identity theft:- One of the most important things you can do as you plan your trip is to let your bank know that you\u2019ll be abroad. Include exact countries and dates, when possible, to avoid having your card flagged for fraud. Unfortunately, incidents may still arise despite providing ample warning to your bank. Bring a backup credit card or debit card so you can still access some sort of money in case one is canceled. Passports are also critical \u2014 not just for traveling from place to place, but also as identification to open a bank account and for everyday purposes. You\u2019ll want to make two photocopies and give one to a friend or family member to keep at home and put the other in a separate, secure location, just in case your actual passport is lost or stolen.\""}
{"_id": "475479", "title": "", "text": "The perfect conditions to sell a business are when it is very valuable (lots of profit each year) and you've lost interest in growing it any further. Also if you're in a particular industry when everyone is dying to get into that industry (like the dot com bubble) those are perfect conditions to sell. Other things like low interest rates and excess M&A capital might contribute to good conditions, but the two cases above are perfect conditions."}
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{"_id": "475494", "title": "", "text": "\"Alright, I know a lot of people do see it as being wrong, and some have tried to pull a \"\"government motors\"\" sort of thing with Tesla, but it's really not correct to do so, so I tend to overreact a bit when I hear any suggestion that that be the case.  By the way, I should say that \"\"Elon says\"\" the government loan didn't save the company.  Maybe it did and he's just saying that for PR purposes, but he has been honest in the past about when the company has been near-death, so I'm willing to trust him on this one when he says this wasn't a near-death experience - especially after hearing the story of the Mercedes investment which Elon has told in a few interviews.  The Roadster did make money overall, but it was all spent on S development, as had been the plan all along (which is why Tesla didn't show a profit on the books, because it went into R&amp;D/capex).  The loan definitely helped make the S happen faster, but I feel it probably would have happened anyway, just maybe a year or two later or something.  I also do encourage you to drive one if you can, it's a great thing to try :-)\""}
{"_id": "475497", "title": "", "text": "\"This is another version of an old scam -- \"\"let me have a check deposited in your account because I can't open one for some reason, and I'll share some of the money with you.\"\"  Here the scammer is promising to \"\"start a business\"\" with you as a way to gain your confidence and trust. The first danger sign is that you only know this person from online.  They are not someone you are friends with in the \"\"real\"\" world.  They could be anybody.   They used the name of a big company as a way to make what they're doing sound legitimate, but it's all a fraud.  They could be depositing a faked Exxon check into your account, which could land YOU in huge trouble. Here's the thing -- The only way Exxon (or any other company) can deposit money in a bank under someone's name is if that person provides the account and routing numbers to an account that already exists.  No company can just create an account in another person's name.  That's Hollywood movie stuff, but it's not how banking works.  To open an account, the bank would need identification on the account holder, so your \"\"friend\"\" already has an account if Exxon has allegedly deposited money.  Further, Exxon isn't going to take back money that has already been deposited.  In fact, they can't take it back.  If the account is in his name, they can't do anything to the account or with the account.   This is a situation you should run away from and never look back.  Nothing about this story sounds right or legitimate, but this is one of the oldest scams out there since the beginning of the Internet. You would be well advised to stay VERY far away from your supposed friend, because they're anything but your friend.  You are being SCAMMED.  Don't be a victim.  Stop communicating with this person immediately, and DON'T give them any personal information of any kind.  They're crooks! I hope this helps. Good luck!\""}
{"_id": "475522", "title": "", "text": "Not sure if you missed the point or just pointing out the competitive nature of Buffett. Probably the latter, but I'll explain anyway. 100B in cash lies around doing nothing and gaining no returns so it pulls the overall returns of his fund down. Thats what he doesnt want."}
{"_id": "475527", "title": "", "text": "The bank number is part of the IBAN number, so the SWIFT code is actually redundant. It is still required for international payments because every country has its own payment infrastructure. The SWIFT code helps to route it to the correct region without having to know every single bank in that region. It is usually not needed for national payments, but banks ask for it anyway so that both national and international payments follow the same process.  When you enter a wrong SWIFT, then this is what will happen: When the SWIFT code does exist, then: In the internet age, it should be possible for all of this to happen within seconds, but it will still take a few days because... reasons. IBAN numbers are globally unique, so when you entered the correct IBAN there is no chance that the money will arrive on a different account than you intended to (Also, the first two digits after the country code are a checksum, so when you accidently make a typo while entering an IBAN, there is a 99% chance that this will be detected automatically)."}
{"_id": "475535", "title": "", "text": "Actually, the majority of people that work at Costco do make over $20 an hour because they have been there long enough. The benefits and the vacation time, sick, and personal time.. Company stock and 401(k). Why wouldn't you stay?"}
{"_id": "475539", "title": "", "text": "\"Nobody can give you a definitive answer.  To those who suggest it's expensive at these prices, [I'd point to this chart](http://treo.typepad.com/.a/6a0120a6002285970c014e8c39f2c3970d-850wi) showing the price of gold versus the global money supply over the past decade or so.  It's not conclusive, but it's evidence that gold tracks the money supply relatively well.  There might be a bit of risk premium baked in that it would shed in a stable economy, but that premium is unknowable.  It's also (imo) probably worth the protection it provides.  In an inflationary scenario (Euro devaluation) gold will hold its buying power very well.  It also fares well in a deflationary environment, just not quite as well as holding physical currency.  Note that in such an environment, bank defaults are a big danger: that 50k might only be safe under your mattress (rather than in a fractionally reserved bank account).  If you're buying gold, certificates aren't exactly a bad option, although there still exists the counterparty risk of the agent storing your gold, as well as political risk of the nation where it's being held.  Buying physical bullion ameliorates these risks, but then you face the problem of protecting it.  Safe deposit boxes, a home safe, or burying it in your backyard are all possible options.  The merits of each, I'll leave as an exerice to the reader.  Foreign currency might be a little bit better than the Euro, but as we've seen in the past year or so, the Swiss Franc has been devalued to match the Euro in the proverbial \"\"race to the bottom\"\".  It's probably not much better than another fiat currency.  I don't know anything about Norway.  Edit: Depending on your time horizon, my personal opinion would be to put no less than 5-10% of your savings in a hard store of value (e.g. gold, silver, platinum).  Depending on your risk appetite, you could probably stand to put a lot more into it, especially given the Eurozone turmoil.  Of course, as with anything else, your mileage may vary, past performance does not guarantee future results, this is not investment advice, seek professional medical help if you experience an erection lasting longer than four hours.\""}
{"_id": "475541", "title": "", "text": "\"As RonJohn points out, direct deposit is something very different.  What's going on here is that they are trying to exclude the \"\"customers\"\" that open the account simply for the premium and then close it again as soon as the terms of the offer have been met.  Most people have only one regular source of direct deposit money, either their paycheck or a retirement check.  This acts to make it hard for them to simply take the offer and run.\""}
{"_id": "475549", "title": "", "text": "I suppose it depends on what you mean by replicate.  I don't take his meaning as to be able to create a brain with real neurons and such (this is actually possible*).  I take it to mean replicate the functionality of the brain as closely as possible.  I've been tracking the progress of the Blue Brain project which is attempting to do just this via software abstraction and simulation.  It's a lofty goal.  I like lofty goals.  I think they often accomplish more faster.  But having said that, I think trying to do this with hardware without the abstraction is even more difficult because as you say, we don't completely understand how the brain works.  It's much easier to write or adjust simulation code than it is to redo hardware.  Of course, the simulation route is less efficient but it's more flexible as new theories and information are generated, you just revise the simulation software.  *Have a baby or do something like this: http://www.physorg.com/news/2011-12-bioelectric-tadpoles-eyes-tail.html  edit: would someone mind replying instead of just downvoting?"}
{"_id": "475560", "title": "", "text": "\"Recently, I asked about what the company valuation is and how many   shares does my 4% represent.CFO told me that there is no point to talk   about \"\"shares\"\" or \"\"stock\"\" since the company is not public. Is it   right? No, it is wrong. Shares and stocks exist regardless of how they can be traded. Once a company is formed, there are stocks that belong to the owners in the proportion of the ownership. They may not exist physically, but they do exist on paper. As an owner of 5% of the company, you own 5% of the company stocks. I asked if my investor portion equity will be subjected under a   vesting schedule, CFO said yes. That doesn't make sense to me, because   I bought those 4%? Aren't those supposed to be fully vested? I agree   to my employee equity to be vested. Doesn't make sense to me either, since your money is already in their pocket. But I'm not sure if its illegal. If that's what is written in the signed contract - then may be its possible to have that situation. But it doesn't make much sense, because these shares are granted to you in return to your money, not some potential future work (as the 1% employee's portion). You already gave the money, so why wouldn't they be vested? Best to read the contract upon which you gave them your money, I really hope you have at least that and not just gave them a check....\""}
{"_id": "475566", "title": "", "text": "\"I put about that down on my place.  I could have purchased it for cash, but since my investments were returning more interest than the loan was costing me (much easier to achieve now!), this was one of the safest possible ways of making \"\"leverage\"\" work for me. I could have put less down and increased the leverage, but tjis was what I felt most comfortable with. Definitely make enough of a down payment to avoid mortgage insurance. You may want to make enough of a down payment that the bank trusts you to handle your property insurance and taxes yourself rather than insisting on an escrow account and building that into the loan payments; I trust myself to mail the checks on time much more than I trust the bank. Beyond that it's very much a matter of personal preference and what else you might do with the money.\""}
{"_id": "475573", "title": "", "text": "Am I thinking correctly and can I do the 2 separate withdrawals? Yes. Is there anything else I'm missing?  Yes. For starters - instead of withdrawing 401k - why don't you take a loan out of it? This can be dangerous, but also can be beneficial - both for the same reason. The beneficial part is this: you don't pay neither the income tax nor the penalty on the amount you take out as a loan. I.e.: immediate saving of 35%. You can also get the full loan amount (up to 50% of the 401k balance) at once, no need to wait for the next year. You'll be saving on the difference on the APR between the credit card debt (which is usually huge) and the 401k loan (which is usually very low), and that will allow you to consolidate the debt and cover it quicker. The dangerous part is also taxes. In case you lose your job - you have to pay off the loan immediately (within 3 months). If you don't - the remaining balance will be considered as a taxable distribution and you'll owe the 25%+10% on them. But - if you don't lose your job, you win. And repaying the loan will revert your 401k balances back to the full amount, while with withdrawal - you cannot put it back (after 60 days are over, at least). So keep that in mind. Check with your 401k plan provider on the loan terms and costs (they'll charge some symbolic amount for managing the loan for you)."}
{"_id": "475577", "title": "", "text": "Meh, if someone picks it up and gives me a near identical replacement while they fix it, then deliver it back to me such that I'm out no money and no convenience, do I care?  You make a good point about raw numbers, but as an owner I can say the feeling is vastly different and nearly seamless.  And, we were only having the titanium shield added."}
{"_id": "475580", "title": "", "text": "\"Money market accounts, insured in the same way as other deposits, are strange hybrids of traditional bank deposits and bond mutual funds. Because of the high inflation of the 1970s, banks were starved of deposits and could not produce loans at sufficient rates.  For this reason, they desired a way to fund loans, and Congress enacted the Depository Institutions Deregulation and Monetary Control Act which permitted a new form of account that retained the functionality of a deposit account, such as checking and now electronic transfers, yet transferred the risk to the account thus most of the profit.  This allowed banks to fund each others' new loans through packaging them into asset backed securities to be held in these special accounts. As an added \"\"protection\"\", they are not permitted to carry a market value less than what's owed to depositors and are forcibly liquidated and paid in such event.  This is a rare occurrence because of the nature of the assets held: credit assets such as commercial paper, mortgages, and corporate bonds.  This is the opposite case of deposits because so long as a bank can maintain payments on its liabilities and satisfy a few other regulatory requirements, non-regulation satisfying assets could theoretically carry a zero balance, meaning that a bank could owe depositors more than what could be paid by liquidating all assets. Money market accounts will typically pay a higher rate because of their structure.  While inflation is low and immediate term interest rates set by the central bank are also low, the net figure will not appear high, but the ratio will be fantastic, usually something like 3x. The one downside to money market accounts is that withdrawals are restricted by frequency.  This is not such a problem as before since brokerages are now issuing debit cards tied to brokerage accounts, and excess money can be \"\"swept\"\" into money market accounts, bypassing the regulatory restriction. In short, money market accounts are currently a far better choice than traditional checking accounts but pay less than savings accounts.\""}
{"_id": "475588", "title": "", "text": "\"The Business Continuity Management standard BS 25999 is going to be replaced by the newly published ISO standard ISO 22301.   ISO 22301\u2019s full title is: \u2018Societal security - Business continuity management systems \u2013 Requirements\u2019 and the International Organization for Standardization (ISO) defines the standard as:  \"\"...standardization in the area of societal security, aimed at increasing crisis management and business continuity capabilities, i.e. through improved technical, human, organizational, and functional interoperability as well as shared situational awareness, amongst all interested parties.\"\"  The structure of the new ISO standard is very different to BS 25999 (technically BS 25999-2) however the basic elements of BS 25999-2 still exists in ISO 22301. The following briefly describes the similarities and differences between both standards\""}
{"_id": "475591", "title": "", "text": "Reddit was reportedly valued at $500mm nearly 3 years ago : https://venturebeat com/2014/09/08/reddit-reportedly-raising-50m-at-a-500m-valuation/  growing 3x in 3 years isn't unreasonable when you consider the size of Reddit's userbase and reach, and how small that initial valuation is relative to other companies"}
{"_id": "475594", "title": "", "text": "\"**Regulation and licensure in engineering: Canada**  In Canada the designation \"\"professional engineer\"\" can only be used by licensed engineers and the practice of engineering is protected in law and strictly enforced in all provinces. The regulation and licensing of engineers is done through each provinces own engineering association which was created by acts passed by the provinces legislatures. There is also Engineers Canada which regulates undergraduate programs for engineering. The process for registration is generally as follows: Graduate with a degree from an accredited program in engineering or applied science, accredited by the Canadian Engineering Accreditation Board (CEAB).  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "475596", "title": "", "text": "Triple Bottom Line places a special focus on preserving a wide technical skill set, while retaining an exceptional level of technical expertise, which enables the company to fulfill its mission. Triple Bottom Line offers our clients a broad spectrum of mobile application development services. We have team of dedicated developers specializing in Android  , iPhone, Symbian, iPad, tablets, Blackberry, JQuery, Titanium, C+, Javascript, html5, Facebook Apps, Twitter Apps, Palm, Android TV apps, Apple's iTV, and Web design and development. We can also put your app in the Barnes and Nobles' Nook, Amazon's and other bookstore's Kindle, AT&amp;T's U-verse TV with our approved developer accounts. We are specialists in various API and SDK integration including AT&amp;T, Facebook, Twitter, Amazon, Paypal, among many more. Our services create affordable development for corporate clients and development firms. We provide solutions at an affordable price with superior quality. Contact us for a quote to see how affordable it will be to complete your mobile application needs with alacrity. Visit our website @ http://tbldevelopmentfirm.com/"}
{"_id": "475603", "title": "", "text": "\"**Whataboutism**  Whataboutism is a propaganda technique formerly used by the Soviet Union in its dealings with the Western world, and subsequently used as a form of propaganda in post-Soviet Russia. When criticisms were leveled at the Soviet Union, the Soviet response would be \"\"What about...\"\" followed by an event in the Western world.  The term whataboutery has been used in British English since the period of The Troubles conflict in Northern Ireland. Lexicographers date the first appearance of the variant whataboutism to the 1990s, while other historians state that during the Cold War Western officials referred to the Soviet propaganda strategy by that term.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "475605", "title": "", "text": "For the truck, start out with getting magnetic signs made.  One for the front upper/ sides of the box and doors and potentially for the back door.  You can do this relatively cheap compared to a full out custom paint job.  Another option is just company and contact info in electrical tape.  The guy that commented saying give 5 business cards to every client is correct; I generate a lot of leads this way and get a lot of work.  I just freelance about doing whatever with a few main gigs but it's working for me so far.  Craigslist and simple door to door flyers are also a decent option."}
{"_id": "475607", "title": "", "text": "The plumber will apply for and receive a refund of the amount of VAT he paid on the purchase amount.  That's the cornerstone of how VAT works, as opposed to a sales tax.  So for example: (Rounded approximate amounts for simplicity) Now, at each point, the amount between (original cost VAT) and (new VAT) is refunded.  So by the end, a total of \u00a33 VAT is paid on the pipe (not \u00a36.2); and at each point the business 'adding value' at that stage pays that much.  The material company adds \u00a31 value; the producer adds \u00a34 value; the supplier adds \u00a35 value; the plumber adds \u00a35 value.   Each pays some amount of VAT on that amount, typically 20% unless it's zero/reduced rated.  So the pipe supplier pays \u00a31 but gets a \u00a30.2 refund, so truly pays \u00a30.8.  The plumber pays \u00a33 (from your payment) but gets a \u00a32 refund.   So at each level somebody paid a bit, and then that bit is then refunded to the next person up the ladder, with the final person in the chain paying the full amount.  The \u00a30.2 is refunded to the producer, the \u00a31 is refunded to the supplier, the \u00a32 is refunded to the plumber."}
{"_id": "475609", "title": "", "text": "\"I got the \"\"yes we will price match\"\". Get to the register, oh sorry not for amazon. They have to have a store front.   Don't bother pointing out that, ya its on amazon, but its being sold by a company that has an store front.\""}
{"_id": "475620", "title": "", "text": "\"However, it also anti-correlates: advertising these features of their product lets them charge more, and the higher price means they can afford better inputs. And customers who are willing to spend extra money on \"\"natural\"\" are also more willing to spend extra money on taste.\""}
{"_id": "475625", "title": "", "text": "Its good to have nuclear weapons, big ones, small ones, really really small ones and especially ones that can go a really really long way.  I guess the US is going to have to get used to Asians having a nuclear tipped dong   . . .damn . .a missile shield that don't work . . fuck . . seriously . . FUCK!!!"}
{"_id": "475629", "title": "", "text": "Paying off your student loan before buying a house is certainly a great risk reduction move for you. It will lower your debt to income ratio allowing your mortgage approval to go easier and it will free up more of your dollars to pay for the many miscellaneous projects that come with buying a house. I think that if you are considering paying off your student loan before buying a house that means that your student loans are an amount you can fathom paying off and that you are motivated to be rid of your student loan debt.   Go for it and pay off your student loan."}
{"_id": "475630", "title": "", "text": "Uh...no, you didn't.  &gt;I wish I   You're talking about you, here, not businesses or corporations.  &gt;didn't have to pay taxes if I had less in the bank at the end of the year than at the beginning.  You're talking about not having any money and not having to pay tax.  What *I* said was that a corporation can very well have *no* money and have to pay tax.  A corporation's level of cash has no more bearing on its liability to pay taxes than does yours."}
{"_id": "475631", "title": "", "text": "We provide the entire database for Diamond Segment Import. You get access any information related to import trade and the information includes HS code, Product Description, Bill of Loading, Quantity, Country Name, Port Name etc. Contact our Experts now for quick Resolution."}
{"_id": "475632", "title": "", "text": "In the US you can get a home warranty when you buy a house that will cover major repairs for the first few years of owning a home.  The costs vary based on age and the results of the home inspection.  Ours cost ~$250 a year.  This was put into our closing costs.  Unfortunately this market does have some disreputable companies that come im with prices that seem too good to be true.  As is usually the case they are.  Do research on the company you are getting the home warrenty from to make sure you are dealing with a reputable company that will honor its commitments. By having 20% down you will avoid needing Mortgage insurance which will save you a considerable amout.  My PMI cost me about $70 a month. However once you get to 20% equity in your home the pmi drops off.  So if you can put down 15% you should be able to get out from under your pmi in a few years if you want to keep that 5% cushion while making extra payments. The question is how much do you feel you need.  So far owning a 70 year old home my extra maintence costs have been around 2500 a year.  But they seem to be in 1k chunks every 4 or 5 months."}
{"_id": "475634", "title": "", "text": "For Option 2 - do you really think you can guarantee an average return of 8% here. Historical returns are no guarantee of future returns.  Even if you could get higher returns for option 2 than the interest rate on the mortgage, are you able to cover all the additional fees with the PMI in placing such a low down payment? The wiser choice in my opinion would be to chose option 1."}
{"_id": "475640", "title": "", "text": "All mutual funds disclose their investments, funds are large cap only or midcsp etc. So it depends on what funds you choose."}
{"_id": "475663", "title": "", "text": "I know I'm late to the party, but a couple of rebuttals as a recent bitcoin advocate. I may be out of place in this subreddit as I come from a primarily technological background, not a financial one.   &gt; Bittcoin is not a currency, it's a store of value, because it is not widely accepted as tender by most people.  Bitcoin is not a currency *yet*, but because it does not have widespread adoption *yet*. Like other revolutionary technologies, there is an [inflection point](https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da) where adoption goes from hardly anyone to almost everyone very quickly. [Example chart](https://cdn-images-1.medium.com/max/1600/0*E4eb7wxHinGNdYQq.)  &gt;Even as a store of value, it's not very good. It's volatile and the fact that there is a limited supply of bitcoin is not a good thing. Sure, in the short run it results in speculation that drives up the price of a coin and makes it all the rage among gamblers but I don't think anyone can explain how, if used on a larger scale, wouldn't lead to deflation in the price of goods.  To me, this is basic supply and demand, and it would in theory become less volatile and more stable following mass adoption. Bitcoin has virtually no inflation, and I agree that this could lead to the deflation of goods, but only insofar as that valuation is determined in bitcoin. For example, milk is still $2, but as the value of bitcoin fluctuates, I may pay .001 BTC or .0005 BTC for that milk. It's important to remember we're dealing with a digital asset in an increasingly more digitized world, a point-of-sale device like we use for credit cards could certainly tackle that conversion in the future.   &gt;Also, at the end of the day, fiat currencies are based on trust and accountability of the government. How does Bitcoin or any other online currency solve that problem? There's no accountability, and it effectively acts as as an anti-currency, fueled by mistrust in the establishment.  This is the best part of bitcoin, understanding the incentives. If you follow that supply and demand logic, then it is in the best interest of *everyone who uses bitcoin* that the bitcoin software and the system itself be reliable and secure. The software is open source so anyone can see how it works and where its flaws and weaknesses are - and it is still standing strong after 8 years. The biggest weakness so far has been in software updates and changes to the core protocol. Without any central structure (i.e. accountability) it can be slow to reach a democratic consensus is such a way that doesn't split the blockchain or fracture the network. This has led to some of the recent extreme volatility.   Bitcoin (and some other cryptocurrencies) have tremendous potential to disrupt existing financial institutions. The private blockchains peddled by banks are at this point [just databases](https://www.youtube.com/watch?v=SMEOKDVXlUo&amp;index=2&amp;list=LL7mI3EyFeE83Ac-VtxNUhxA). At some point, these institutions will realize that they can't create their own Facebook, they need to find ways to become part of the new Facebook market."}
{"_id": "475666", "title": "", "text": "\"The complaint isn't based on facts. It's based on pure protectionism. Boeing doesn't even build this class of airplane. **The Bombardier C-series would compete with the 717 which Boeing hasn't built in over ten years**.   &gt;*\"\"In the Delta Air Lines deal, the airline began talking with Boeing about used E-190s and used Boeing 717s. Boeing had 19 E-190s to dispose of, having committed to take them in on trade as part of an order with Air Canada for the 737 MAX. Delta purchased the 19 E-190s, but rejected the 717s because none was available during the period it required and there were not enough used 717s in any event. Delta called the 737-7 MAX uneconomical vs CSeries, rooted in 1960s design and an inefficient shrink.\"\"*  &gt;*\"\"Delta testified Boeing never offered any new-build aircraft because Boeing doesn\u2019t have an offering in the 100-125 seat sector and it didn\u2019t have any available delivery positions in the period required.\"\"*   Ironically, Boeing holds the **[#1 spot on the most heavily subsidized companies in the US list](https://subsidytracker.goodjobsfirst.org/top-100-parents)**, so even if their allegations were true, for Boeing to suggest that another company benefits from subsidies is a case of a very, very, very large pot calling a teeny-tiny kettle, black.     To respond in kind to Boeing and the Trump administration, the Canadian government should be **cancelling it's $5,800,000,000 Boeing Super Hornet** order and exert pressure on other Aerospace deals. Perhaps a 300% import tax would convince **[Air Canada to dump its $6,500,000,000 order for 61, Boeing 737 Max airplanes?](http://www.cbc.ca/news/business/air-canada-orders-61-boeing-737-max-jets-1.2460560)** You know, to be fair because Boeing is heavily subsidized and all...    Lastly, Lockheed Martin might be interested in following this Aerospace \u201ctit-for-tat\u201d trade war. **Canada\u2019s involvement in the F-35 JSF program** has not been popular at home and **represents another $50,000,000,000 planned spend that could very easily be called cancelled.**\""}
{"_id": "475668", "title": "", "text": "For reference see this article.  This article does an okay job of explaining why, but it could be better.  To expand on point #4 if you lose your job, you will be forced to repay the loan in 90 days.  If do not pay it back in time, you will be hit with your highest marginal tax rate and a 10% penalty.  How does borrowing money at 40% interest sound? Why do you have credit card debt?  I'll give you the loving answer:  bad behavior.  The longer you hold this debt the more indicative it is about out of control behavior.   To remedy this I would recommend the following: While you are behaving like most people (normal); most people are broke.  Congratulations on having the desire to not be broke.  Do you now have the courage to change?  Having that courage could mean generational wealth building and freedom from debt. As a reformed overspender it has meant exactly that for me and my family."}
{"_id": "475671", "title": "", "text": "It means that your money does not have the same amount of buying power."}
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{"_id": "475697", "title": "", "text": "As consumers, we need to demand licenses for content which state that they cannot be revoked unless there is a demonstrated violation of the terms of service. Those violations should have to be specifically enumerated and provided in writing to the licensee."}
{"_id": "475700", "title": "", "text": "Underwriters cannot win. If the stock goes down, people blame them for overpricing and fleecing the investors. If the stock goes up, people blame them for underpricing and fleecing the company. They are playing both sides, so one side is likely to be more happy than the other side. They are bankers, so people will always find a reason to hate them."}
{"_id": "475724", "title": "", "text": "That's a serious threat, a lot of people keep saying this but the Chinese are really the ones who need us.  Their economy is a house of cards, based on an ever worse and more corrupt version  of the Japanese 70-80s model, and their trade is the only thing injecting enough money into the system to barely pay for the government to prop up all of its important industries. Unfortunately their trade demands the US Dollar/debt to manipulate their currency to stay cheap. To lose access to US finances is more or less an existential threat to China. On the other hand the US really could find replacements or live without whatever we lose from Chinese trade. For this specific nunber, I don't know how he came to it, but Peter Zeihan says the US' GDP from trade is only about 14%, and only about 4% when you discount NAFTA and energy imports."}
{"_id": "475728", "title": "", "text": "&gt; Also I much rather the government tackle cable/utilities monopoly first, as that market is already anti-consumer even on price. Tech is still pro-consumer on price, just anti-consumer on choice.  Yes, but any country that prides itself on having an economy made of SMEs and start-ups is gonna be worried if the economy starts to take a shape which is decidedly anti-startup"}
{"_id": "475736", "title": "", "text": "&gt; 73% of Americans were in the \u2018top 20%\u2019 for at least a year  Well, sure.  [The top 20% currently begins at $92,000](https://en.wikipedia.org/wiki/Income_in_the_United_States).  All an American needs to do to qualify for that 73% is sell their house with ~50% equity at some point in their life since the IRS considers that income.  Great logic of this article: liquidate your primary investment and \\*poof\\* you're wealthy.  Even [the authors of the study cited in this article say](http://news.cornell.edu/stories/2015/01/hirschl-research-finds-many-join-1-percent-few-stay-long):  *\u201cIt would be misguided to presume that top-level income attainment is solely a function of hard work, diligence and equality of opportunity,\u201d they write. \u201cA more nuanced interpretation includes the proposition that access to top-level income is influenced by historic patterns of race and class inequality.\u201d*"}
{"_id": "475738", "title": "", "text": "Let\u2019s take your tag and replace the title with Big Business, remove the do nothing worker and replace it with a paid nothing worker, and you will have the other side of the coin.  The government is a mess.  But privatizing is not the answer because the private sector is a mess.  It\u2019s a choice between two thieves, so I would prefer option 3) Come up with a better plan.  When a person feels they have only two choices, they have failed to observe the nuances and influences between and around their choices.  It is in the (as far as we can tell) infinite variation between or around the choices that we will most likely find a preferable solution.  Don\u2019t accept the crap because the shop keeper tells you there aren\u2019t any other options.  Shop around."}
{"_id": "475748", "title": "", "text": "Adapted from an answer to a somewhat different question. Generally, 401k plans have larger annual expenses and provide for poorer investment choices than are available to you if you roll over your 401k investments into an IRA. So, unless you have specific reasons for wanting to continue to leave your money in the 401k plan (e.g. you have access to investments that are not available to nonparticipants and you think those investments are where you want your money to be), roll over your 401k assets into an IRA. But I don't think that is the case here.  If you had a Traditional 401k, the assets will roll over into a Traditional IRA; if it was a Roth 401k, into a Roth IRA. If you had started a little earlier, you could have considered considered converting part or all of your Traditional IRA into a Roth IRA (assuming that your 2012 taxable income will be smaller this year because you have quit your job). Of course, this may still hold true in 2013 as well.  As to which custodian to choose for your Rollover IRA, I recommend investing in a low-cost index  mutual fund such as VFINX which tracks the S&P 500 Index. Then, do not look at how that fund is doing for the next thirty years.  This will save you from the common error made by many investors when they pull out at the first downturn and thus end up buying high and selling low. Also, do not chase after exchange-traded mutual funds or ETFs (as many will likely recommend) until you have acquired more savvy or interest in investing than you are currently exhibiting. Not knowing which company stock you have, it is hard to make a recommendation about selling or holding on. But since you are glad to have quit your job, you might want to consider making a clean break and selling the shares that you own in your ex-employer's company. Keep the $35K (less the $12K that you will use to pay off the student loan) as your emergency fund. Pay off your student loan right away since you have the cash to do it."}
{"_id": "475756", "title": "", "text": "\"As a Venezuelan who used to buy USD, I believe there is not better explanation than the one given to someone who actually lives and works here in Venezuela. Back in 1998 when Hugo Chavez took the presidency, we had a good economy. Fast forward 10 years laters and you could see how poor management, corruption and  communist measurements had wreaked havoc in our Economy. It was because most of the money (USD) coming in Venezuela were not invested here but instead, given away to \"\"pimp countries\"\" like Cuba. Remember, communism lasts while you have money. Back then we had an Oil Barrel going over 100$ and crazy amounts of money were coming in the country. However, little to no money was invested in the country itself. That is why some of the richest people with bank account in Swiss are Venezuelans who stole huge amounts of Oil Money.  I know this is a lot to take in, but all of this led to Venezuelan economy being the worst in The American Continent and because there is not enough money inside the country to satisfy the inner market, people would pay overprice to have anything that is bought abroad. You have to consider that only a very small amount of people can actually buy USD here in Venezuela. Back in 2013 I was doing it, I could buy about 80 usd/month with my monthly income. However, nowdays that's nearly impossible for about 99% of Venezuelans.  To Illustrate. Minimum wage = 10.000 bolivares / month Black market exchange rate (As of January 2016) = 900bs per 1usd 10.000/900 = 11,11 usd.   <<< that is what about 50% of Venezuelans earn every month. That's why this happens:  http://i.imgur.com/dPOC2e3.jpg The guy is holding a huge stack of money of the highest Venezuelan note, which he got from exchanging only 100 usd. I am a computer science engineer, the monthly income for someone like me is about 30.000 bolivares --- so that is about 34$ a month. oh dear! So finally, answering your question Q: Why do people buy USD even at this unfavorable rate? A: There are many reasons but being the main 2 the following 1.- Inflation in Venezuela is crazy high. The inflation from 2014-2015 was 241%. Which means that having The Venezuelan currency (Bolivares) in your bank account makes no sense... in two weeks you won't be able to buy half of the things you used to with the same amount of money. 2.- A huge amount of Venezuelans dream with living abroad (me included) why, you ask? well sir, it is certain that life in this country is not the best: I hope you can understand better why people in 3rd world countries and crappy economies buy USD even at an unfavorable rate. The last question was: Q: Why would Venezuela want to block the sale of dollars? A: Centralized currency management is an Economic Measure that should last 6 months tops. (This was Argentina's case in 2013) but at this point, reverting that would take quite a few years.  However, Turukawa's wikipedia link explains that very well. Regards.\""}
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{"_id": "475798", "title": "", "text": "A lot of us state I want money on the internet however how would you obtain money on the internet? Difficult which rare money on the internet if you want money on the internet. This site does not have any credit check needed money money together with sequel money as well as fantastic deals. Should find out if experts require regarding some money on the internet."}
{"_id": "475803", "title": "", "text": "Sad for me. Their happy hour was amazing in college. Half off drinks + apps was cheaper than any local bar we had in my small college town, while the food was the same quality and Applebees had a wider selection of beer. Even in my mid 20s when my friends and I wanted drinks and were low on money, Applebees + TGIF were our go-to."}
{"_id": "475804", "title": "", "text": "If they default and try to stay in the Euro, they will be shut out of any chance of financing but they will be obliged to conduct business in a currency that they cannot afford. Their businesses will close, unemployment rise until they have no option to stay in the Euro.   Instead of that, they will reissue the Peseta, Lira, Drachma, etc. and then devalue. That will allow their real estate, tourism and manufacturing to be very competitive. If they could stay in the Euro after default they would starve, but I don't think they could stay, even if they wanted to because they'd be expelled by Germany.   Here is [Gonzalo Lira's suggestion as to how Spain should have already left the Euro](http://gonzalolira.blogspot.com/2012/04/will-there-be-corralito-in-spain.html)"}
{"_id": "475807", "title": "", "text": "\"Uh, who said anything about ads? \"\"Controlling\"\" public opinion is something government agencies love to waste money on. I wouldn't be surprised to find out 3 letter agencies are \"\"investing\"\" just to make sure their content is on top.  EDIT: Oh, this is damage control on a post that got to popular, got it.\""}
{"_id": "475817", "title": "", "text": "&gt;You assume that the government is a god and all things exist only because of it. You are the zealot here fighting against a competing option and opinion. Every church wants to believe it is the one true church and non believers should be punished for their non belief. Statism truly has become the next wave religion.    No, I assume that government is an institution that keeps getting recreated for any society larger than a hunter-gatherer tribe because of how useful it is.  If anyone is approaching cultbait status, it would be anti-government believers, who blindly believe that all the benefits of a first-world society somehow magically have nothing to do with the forms of the government selected by that society."}
{"_id": "475828", "title": "", "text": "The Six Pillars Of Successful Fitness Nutrition. Not eating the right foods to support intense activity only holds you back. ... The golden rule of any fitness program or lifestyle is that nutrition is king. Whether you're trying to push past the afternoon slump, or kick start your morning, these energizing foods can help. http://www.yourherbalproducts.in"}
{"_id": "475838", "title": "", "text": "I was skeptical going by the title alone, but after having read it, he makes some surprisingly good points.    If the regulations are too stifling, then they need to be reformed.  No one wants to go back to the bad old days of taxicabs.  But there's no question that they're scofflaws."}
{"_id": "475886", "title": "", "text": "It is subjective of course, but when I hire people I'd rather see a shit job for two months than nothing at all.  Not that I'm planning to give the prospective employee shit work, just that they're not lazy."}
{"_id": "475888", "title": "", "text": "At my first job (moderate sized quant prop fund) we inexplicably used Macs. Excel on a mac is a nightmare- if you tried to graph more than, say, 2000 data points it would grind to a halt, though this was some time ago. In retrospect maybe they were conditioning us to program rather than use excel..."}
{"_id": "475892", "title": "", "text": "It's unfortunate that these spots cannot be filled with US citizens. Not sure if it's a problem with our education system, but our economy moved from manufacturing to services and high tech enterprise. I'm surprised our citizens are so underqualified that Microsoft is having trouble filling 6000 spots with millions of US citizens."}
{"_id": "475896", "title": "", "text": "You need a lawyer and a tax accountant for a sale like this. They will be able to tell you if the proceeds are taxed as income (most likely) or capital gains and will help you structure the deal. How you spend the proceeds will not make a difference, although if it's a large amount and you plan to donate some to charity, you may be able to save on your total tax liability by creating a donor advised fund. Keep in mind the broker is mostly interested in his commission and not about making the best deal for you. Get an attorney with experience in business sales."}
{"_id": "475906", "title": "", "text": "Surprised nobody has mentioned Freshbooks yet. It's lightweight, easy to use, and free for low-end use (scaling up price-wise as you scale up)."}
{"_id": "475912", "title": "", "text": "\"I feel for your situation.  I'm in a similar boat with \"\"high\"\" income yet little left over at the end of the month.  My wife and I are steadily making major adjustments to fix that. While reading your story, one thing that jumped out at me is that 3.5 years is not really a long time.  So, the moment those credit cards are paid off (and other debts for that matter), DO NOT let that $1,400 return into your finances!  Tuck it away someplace else and forget about it, as if it doesn't exist.  You're already in the habit of doing without. Keep the habit.  Save the money. From the first day that my wife recently took a new job, we put 25% of her paycheck into a checking account that's hard to access. It goes right in, direct deposit, and we never even see it. To this day, we don't even know the exact dollar amount going in... ...the crazy part is, we don't miss it as much as I thought we would!  In fact, I just got a raise and I'm going to start forwarding the pay difference into that account, as well. At the end of the day, we all make our spending choices based on how much money is available.  It never fails: with more income comes more \"\"worthwhile\"\" expenses. My advice in a nutshell: Over the next few years, whenever your income increases, don't change your habits to match! That's our plan. Slowly but surely, it's working... (I Hope that helps in some way)\""}
{"_id": "475916", "title": "", "text": "you could try [FRED](http://research.stlouisfed.org/fred2/graph/?g=HO7), or maybe try the CME and ICE's websites for some decent data.. haven't looked just suggestions - pretty sure the symbol for the Libor futures is EM, you could approximate from that so long as it's not a doctoral thesis"}
{"_id": "475945", "title": "", "text": "MySpace was terrible, it was in its name why it was terrible, it was literally your save that you could customise to be completely nonfunctional and crash the browser as it was filled with junk.  Facebook came a long and said, this is the layout, this is the colour, you can send messages and add pictures and they go here. Next to no customisation at all so you always know where what you want is on every profile. And it works."}
{"_id": "475955", "title": "", "text": "\"I'm not an expert, but here is my best hypothesis. On Microsoft's (and most other company's) cash flow statements, they use the so-called \"\"indirect method\"\" of accounting for cash flow from operations. How that works, is they start with net income at the top, and then adjust it with line items for the various non-cash activities that contributed to net income. The key phrase is that these are accounting for the non-cash activities that contribute to net income. If the accounts receivable amount changes from something other than operating activity (e.g., if they have to write off some receivables because they won't be paid), the change didn't contribute to net income in the first place, so doesn't need to be reconciled on the cash flow statement.\""}
{"_id": "475956", "title": "", "text": "\"That's bringing another social problem into \"\"child care.\"\" Lower income families (or 2/3rds of American families if you look at income statistics) simply can't pay for that and thus the child takes loans, gets scholarships or works during school for that opportunity.   Suddenly, $900,000 seems more ridiculous to the majority of American parents.\""}
{"_id": "475958", "title": "", "text": "Supplier of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php Supplier of Talc Powder in India, Manufacturer of Talc Powder in India - Talc Powder is very fine white to grayish white odorless tasteless powder, insoluble in water but slightly soluble in dilute acids. Talc Powder is used in Cosmetic Products, Rubber Industry, Textiles Industry, Paint Industry, Paper Industry, Polymers, Fertilizers, Pesticides and Insecticides. Talc Powder we deliver of Accurate Composition, Reliable and Highly Demanded."}
{"_id": "475959", "title": "", "text": "\"There are basically two approaches, based on how detailed you want to be in your own personal accounting: Obviously the more like a business or like \"\"real\"\" accounting you want to be, the more complex you can make it, but in general I find that the purpose of personal accounting is (1) to track what I own, and (2) to ensure I have documented anything I need to for tax purposes, and as long as you're meeting those goals any reasonable approach is workable.\""}
{"_id": "475984", "title": "", "text": "\"Thanks for pointing out [the study](http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1748851). It's a slightly different cause than what I was describing when I posted this. Specifically, they show an effect not when the names get confused, but rather when the name similarity simply brings more attention to the stock. I was surprised nobody mentioned that in response to my post.  But also interesting is that they had to control for simple confusion between stock symbols, which implies that ticker confusion has a known effect. So I dug into research on that and quickly found [this study](http://www.efmaefm.org/0EFMAMEETINGS/EFMA%20ANNUAL%20MEETINGS/2010-Aarhus/EFMA2010_0161_fullpaper.pdf) found \"\"a high positive correlation between returns on two matching stocks with similar ticker symbols\"\".\""}
{"_id": "475989", "title": "", "text": "\"I am not a lawyer, but I can't think of a reason this is illegal (something that would be illegal would be to \"\"trade with yourself\"\" across the accounts to try to manipulate stock or option prices). I don't think you're \"\"funneling,\"\" you're doing \"\"asset location\"\" which is a standard tax planning strategy. http://news.morningstar.com/articlenet/article.aspx?id=154126&t1=1303874170 discusses asset location. I'd be more concerned about whether it makes sense.\""}
{"_id": "476054", "title": "", "text": "I'd imagine that it's a small portion of the population that can have much of both. If one is saving a decent amount for retirement, say 10-15%, they aren't likely to have much else, aside from the house if included. For example, when I look at my 'pie chart' I get Retirement 72%, House 22%, everything else 6%.  Specific to your question, emergency funds should be just that, accessible for urgent matters, other short term needs, such as car fund, big TV fund, vacation, etc, also in non-risky cash (i.e. money funds CDs, etc) and the rest invested long term. The short need money isn't part of the long term asset allocation, to be specific."}
{"_id": "476056", "title": "", "text": "\"I worked for a few large corporations in highschool and college.  Mainly retail.  My position being on the low end of the totem pole.  At this level, there is a lot of pump-up-the-drone bs that's force fed down your throat.  After college, I've worked for three companies.  One privately owned and two publicly traded companies.  The private business was one of the worst offenders I've ever seen with the BS \"\"be a team player\"\" mentality, regardless of your level.  The public companies definitely push the \"\"team player\"\" mentality toward the lowest skilled, most easily replaceable, highest turnover workers.  The more skilled workers (college degree, specialized in a field) on the other hand, aren't just fed the BS.  If the company is worth it's weight in salt, these people are informed of the short term and long term goals of the company.  There are discussions about direction, opinions on decisions that were made -- dissenting opinions being much more valuable than a \"\"yes-man\"\" response.  That is, if upper management if competent.  From what I've seen, competent upper management is contagious.  It bleeds down the line.  Successful corporations have people at the top (and in the middle) who actually care about the success of the company.  They take pride in their work.  They know that by them making the right decisions their company can grow and intern hire more employees, pay those employees better, provide better perks, etc.  If you have garbage at the top, they'll hire garbage for the layer below them, and so on and so on...  Back to the point of the OP, I'm in a salaried position.  My salary isn't for my 9-5 appearance in the office.  I'm paid an agreed upon rate for my ability to complete a task and benefit the organization.  Sometimes this means I have very little to do for a few days.  Sometimes this means that I need to work 12+ hours in order to get the job done.  I'm fine with that.\""}
{"_id": "476068", "title": "", "text": "\"I doubt you will get an answer equal to \"\"You can't save when you have debt\"\". Because most mortgages are for decades, very few people would be able to save for retirement if they had to wait to be mortgage free. The difficulty in saving occurs when the interest rate is very high (18% or more) and the interest is not deductible. Such as with credit cards. The minimum payment for your mortgage is 30% of your income. If that doesn't include taxes and homeowners insurance in the 30%, then for the United States that would be considered too large. While the general plan to pay down the mortgage is a good idea, make sure that you are able to handle the minimum payments before starting to increase the payments. Try the minimum for a year or two before getting aggressive The calculation is based on the interest rate of the mortgage, the interest rate of the savings account, and the potential tax deduction of the mortgage and the tax rate on the earned interest. Putting extra money into a mortgage, but missing out on matching retirement money would also have to be figured into the calculation. Make sure you do save for retirement , kids education, and emergencies. Unless your country has a complex system where the money can flow in and out of the mortgage, then once you put extra money into the mortgage you can't get it back when the car dies.  The nice thing about putting extra money into a mortgage is that you can do it either in an organized way, or only when you feel comfortable. So it is not urgent for you to commit to a plan immediately. One thing to avoid is a plan that charges you a fee to add extra money, or charges a fee to switch to a bi-weekly mortgage. While your ideas is good, these plans should never cost any money to start, and may be a scam if a 3rd party gets between you and the lender.\""}
{"_id": "476069", "title": "", "text": "This is a very dumb argument. Apple being worth $700B is only 0.7% of total world econony, with your flawed senseless logic, that is pure shit for a company that's been around for 40+ years.   What's your thought process of Amazon? Oh look they sell everything but those suckers only pull in revenues of $120B out of $110 trillion world econony, what a shitty unsuccessful company!"}
{"_id": "476078", "title": "", "text": "I encourage using it as a buffer.  After h.s. I had a thousand or so dollars saved up in my savings account.  After college it was maybe 5 thousand and it's remained roughly like that ever since. I figure any modest emergency or spending splurge may cost, at most, a couple thousand bucks.  I'm talking about a new couch, a car accident, hospital bill, vacation to wherever, etc.  It's nice to have an idea of a buffer.  Financial advisors say to have a buffer of about 3 months of salary.  This is in case of unemployment and such.  It was smart for me. I wouldn't try to spend money to make money at this point.  It's not enough money to try to see a significant gain unless you're lucky.  I tried Sharebuilder a while ago with $200 to see what stocks were like.  They gave you several free trades to see how you liked it.  At first I was shuffling stuff a little too much and once the fees start kicking in it's 7 bucks here, 7 bucks there- eventually I realized you have to invest enough to offset the transfer fees and the fact that you have your money tied up in something going up and down all the time.  But yeah.  Start with a buffer and scale it up as your lifestyle changes.  Anything beyond your buffer is spending money, investing money, fun money."}
{"_id": "476085", "title": "", "text": "The tax incentives for employer sponsored health insurance were designed to incentivize employers to provide the insurance and for employees to purchase the insurance.  Since your situation does not meet the requirements to take advantage of this incentive, you can not.  In the near future you should be able to take part in the government sponsored exchanges.  This may spur changes in how this works."}
{"_id": "476088", "title": "", "text": "I have a Citi card that gives me checks all of the time.  Most of the time it requires the 3%/minimum $10 or whatever, but occasionally when they're trying to sucker you into borrowing money from them they will let you take $1,500 w/ no fee for 6 months.  Outside of that I've never seen it exist in modern credit cards."}
{"_id": "476103", "title": "", "text": "\"It's a very simple equation. If we forget about the stress and limitations that come with the so-called \"\"lease\"\", and make the following assumptions: Then after 3 years of using this new car: I will never understand why people still \"\"lease\"\" a car. Even for very low income people who have to have a car, financing a per-owned decent car would do, but it's just \"\"show off\"\" seduction and lure that either unknowing minded or idiot teenagers fall for.\""}
{"_id": "476128", "title": "", "text": "Amazon technically doesn't have a monopoly.  They have huge companies that are direct competitors in every verical they are in:  Walmart - retail  Safeway - Groceries  Google and Microsoft - Cloud  Netflix - Streaming  Costco - Discount pharmaceuticals   Amazon would violate anti trust laws if they did stuff like: force their vendors to give them a cheaper rate or they would turn off their AWS or something like that."}
{"_id": "476138", "title": "", "text": "I still don't see the point of this software; rebalancing frequently is a waste of money (through fees).  If you invest in index funds, you don't have to rebalance at all--effectively, the fund is doing it for you, and since they can generally trade more efficiently than individual investors can, that's a win.  The Coverdell ESA is a great example.  There's a maximum contribution amount, just as there are for almost any tax-exempt account.  A decent financial adviser could help you plan how much to contribute to which accounts, at what time, and when you can/should start to withdraw from them."}
{"_id": "476142", "title": "", "text": "\"These are services that facilitate using credit cards. So whatever vulnerabilities there may be, your risk is limited to your liability to the credit card issuer. Usually, this means no liability whatsoever, and the most significant risk is the inconvenience of re-issuing the compromised card. Some card issuers separate the \"\"Pay\"\" service account from your main account so that even that risk is mitigated - the number exposed is only used for that specific service and doesn't compromise your actual physical card.\""}
{"_id": "476155", "title": "", "text": "I'm gonna drop 50 on Conor, because I don't trust either of them to not rig the fight. Floyd needs the money, it's not out of the realm that he'd dive to milk a second and third fight.  It's a far shot, but if Floyd is far enough in debt, he'll do it. Worst that happens is I lose 50 and go about my day."}
{"_id": "476165", "title": "", "text": "\"I've discussed issues with some of Gregers videos/articles in other posts, he's really talented at being misleading and ignoring studies that contradict what he wants to be true:  [\"\"Low Carb Diets and Coronary Blood Flow\"\"](https://www.reddit.com/r/keto/comments/30bfg0/drs_reviews_a_meta_analysis_on_low_carb_diet/cpr7nmw).   [\"\"How a Low-Carb Diet is Metabolically Like Being Obese\"\"](https://www.reddit.com/r/keto/comments/5egw5u/nutritionfactsorg_posts_article_entitled_how_a/daccdhc).   [\"\"Paleo Diets May Negate Benefits of Exercise\"\"](http://www.reddit.com/r/keto/comments/2pykys/what_the_hell_is_this_guy_talking_about/cn18gxo).   [\"\"Who Says Eggs Aren't Healthy or Safe?\"\"](http://www.reddit.com/r/keto/comments/2kupx1/science_i_am_being_overwhelmed_by_this_guys/cloy1ow)\""}
{"_id": "476173", "title": "", "text": "Yes, you can.  That the books were purchased from abroad is irrelevant: you incurred an expense in the course of earning your income. If the books are expensive (>$300 per set iirc) you will need to deprecate them over a reasonable life time rather than claiming the entire amount up front. It doesn't matter whether what you got was a VAT Invoice; as long as you have some reasonable documentation of the expense you're ok."}
{"_id": "476210", "title": "", "text": "A company in Dubai, UAE concluded a huge Jet Fuel Deal within a week with their supplier in Singapore by availing Letter of Comfort - Bank Comfort Letter aka MT799 from Bronze Wing Trading LLC. Reach out to us to get your required BCL, we will complete your deal in one banking day."}
{"_id": "476215", "title": "", "text": "That would be a shame of course. It would leave the USA with the choice of preemptive strike, which will most likely be seen by other nations as aggressive over-reaction, or wait and see, with the possible consequence of a nuclear strike on US soil, to be followed by suitable retribution, perhaps also with nuclear weapons."}
{"_id": "476219", "title": "", "text": "Advertising in an essential tool for any sized business or individual who needs to promote their products or services. Advertising allows you to target a set group of individuals or a general population and publicize directly to them. Each business requires a different advertising strategy to complement their unique strengths and correspond with their goals."}
{"_id": "476224", "title": "", "text": "The market maker will always take it off your hands. Just enter a market sell order. It will cost you a commission to pull the loss into this year. But that's it."}
{"_id": "476233", "title": "", "text": "\"This is based on my experience with Chase and may not be applicable to other banks. As you mentioned Chase as one of the banks you do business with hopefully this will be helpful to you. The money does come out of your account immediately. If the check isn't cashed in a certain amount of time, the check expires and you get the money credited back to your account. Once you have made a bill payment online you can check on the status of your check by looking at your payment activity, finding the payment in question, and following the \"\"proof of payment\"\" link.   There is will provide you with information on your payment which you can submit to your payee to prove when you submitted the payment, and which they can use to verify with the bank that you really did send the payment as you claimed.  Once the check is cashed, this page will also contain images of the front and back of the cashed check, so you can prove that the recipient really did cash it.  You can see from this info that the check is being funded from a different account number than your own, which is good for security purposes since (per Knuth, 2008) giving someone else your bank routing number and account number as found on your personal checks basically provides them with all they need to (fraudulently, of course) clean out your account.\""}
{"_id": "476235", "title": "", "text": "So, \u2018period\u2019 what is that? It used to be the problem of the past. Though all those virtuous reasons are valid and all those stereotype benefits are never wrong but this is the time to explore some more virtues in your regular menstrual cups. These cups are comfortable, convenient and ideal for the scatterbrained and lazy ladies. They are truly the ultimate in slacker period products."}
{"_id": "476257", "title": "", "text": "You need to have them consult with a financial adviser that has a focus on issues for seniors. This is because they are beyond the saving for retirement phase and are now in the making-their-money-last phase. They also have issues related to health insurance, IRA RMDs, long term care insurance. The adviser will need to review what they have and determine how to make sure it is what they need. It is great idea for you to go along with them so you can understand what needs to be done. You will want an adviser that charges you a fee for making the plan, not one that makes a commission based on what products you buy or invest in."}
{"_id": "476258", "title": "", "text": "&gt; In Europe we act as if workers are people not a commodity to be prices as low as possible.  It works both ways. Regulating workers wages can decrease the number of small companies starting up. This is because entrepreneurs starting up might not be starting off with many millions in the bank so they may be fearful of paying too much. Same goes for job security. Regulation and wage minima are generally bad for small innovative companies and not so bad for big established firms who just want to protect their market share (and for whom compliance costs peanuts as a percentage of their revenue).   My two cents on this are: Much better to create a redistributive system whereby the state pays everybody a basic level of income. Then the market can be freed up and people's entrepreneurship can be fully leveraged."}
{"_id": "476260", "title": "", "text": "\"This is the same answer as for your other question, but you can easily do this yourself: ( initial adjusted close / final adjusted close ) ^ ( 1 / ( # of years sampled) ) Note: \"\"# of years sampled\"\" can be a fraction, so the one week # of years sampled would be 1/52. Crazy to say, but yahoo finance is better at quick, easy, and free data.  Just pick a security, go to historical prices, and use the \"\"adjusted close\"\". money.msn's best at presenting finances quick, easy, and cheap.\""}
{"_id": "476262", "title": "", "text": "Fellow dirty jerz resident here. I would highly recommend going the llc route. If, god forbid, anything ever happened and you were sued, the llc will contain all losses and your personal assets will not be at risk. I'm not sure about the timing of clients. Better to ask a lawyer - cheap to use online services like rocketlawyer (sp?)"}
{"_id": "476278", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Lumber Liquidators To Pay $36M To Settle Formaldehyde-Filled Flooring Suit](https://np.reddit.com/r/talkbusiness/comments/78prbj/lumber_liquidators_to_pay_36m_to_settle/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "476294", "title": "", "text": "Oh, but it very much is that simple.  That you consider them complicated tells me you don't know what's inside one.  *Edit* - I almost forgot to add:  offering buyout options is *almost always* both a better deal for the company, and a *worse* deal for the recipient."}
{"_id": "476299", "title": "", "text": "\"Yes, U.S. currency of any denomination is \"\"legal tender FOR ALL DEBTS, public and private.\"\" But when you go into a store you (normally) don't owe them anything. In that case, it's more like a barter transaction: Your currency for their soda. Meaning that they can refuse to take \"\"your currency.\"\" Open an account at the store, and run up a debt. Then you can pay in any denomination.\""}
{"_id": "476307", "title": "", "text": "Now manage your router via Linksys smart wifi tools. It let users control or modify home network remotely. So, if you also want new updates directly into your Linksys router then enable this amazing feature today. To know let us know on Toll-free number &amp; do live chat directly with the experts."}
{"_id": "476319", "title": "", "text": "'Pretty' inelastic does not mean completely inelastic, and if there is any elasticity at all there is an optimum price point.    Also, in general, drugs are the most elastic portions of healthcare, for example, Drug A, might have serious side effects while Drug B at higher cost might a less serious set.  These kinds of economic decisions are constantly happening.  There might be specific cases where the drug is life saving with no analogs but that's uncommon across the drug spectrum.  These are obvious facts and objective thinking is necessary if we want to really solve the problem.  Sadly, judging by the downvotes, mere statement of objective facts is not welcome.   This does not auger well for the country, I'm afraid. :-(."}
{"_id": "476350", "title": "", "text": "My dad, an attorney, does this all the time. He makes offers for properties with the proviso that all real estate commissions are negotiated, and paid by, the seller. In California, agents must present all offers to the seller. It never seems to be an issue, at least for him. Of course, he presents himself as a substantial and competent buyer."}
{"_id": "476355", "title": "", "text": "&gt;  I rarely go back to the USA but will still have to pay 35% tax...  Only if you have a really terrible accountant!  Seriously, the top tax rate that people like to rattle off in these kinds of stories is meaningless. Who pays the top tax rate? No one. Look at the effective tax rate, which is what is actually paid. I think it's something like 12%, which is actually quite competitive.  Now, it certainly takes wrangling to get there for a company and it would make a lot of sense to just make the rate 12% and get rid of all loopholes... but we can at least all stop pretending like corporations are paying 35%"}
{"_id": "476358", "title": "", "text": "Boiler tubes failures are the leading cause of forced outages in fossil fuel power plants\u201d This statement alone should be reason enough to do a regular thorough inspection, but let\u2019s look a little deeper and find out why exactly this may be the case."}
{"_id": "476359", "title": "", "text": "\"&gt;Perhaps \"\"almost always\"\" was a bit of hyperbole, but in matters of cost vs. quality I'd expect publicly traded companies to prioritize short-term shareholder profit (or be sued by said shareholders.)   Can you give me any examples of where shareholders sued the company because they weren't making much profit or focused on long term rather than short term? I can't think of any. Maybe if the company were grossly negligent in some way, but in general, no I don't think that happens, or at least I've never heard of it, and it sounds like a stupid thing for shareholders to do because they're never under any obligation for a piece of the profit either.\""}
{"_id": "476363", "title": "", "text": "\"Many of my friends turn to me for financial advice, and here's what I always tell them because it's super effective for me... 1) I opened an online bank account with Scottrade for which I did not request a card or checks. I set up direct deposit straight to that account. It would be a complicated pain to take money out of that savings. The only time I did so was to buy my house (which was the purpose of the savings) and it involved a wire-transfer and printing of the form to fill out and faxing it in, etc. I have continued to use the account to save for my second house. I basically completely forget that the account is even there or that I am \"\"missing\"\" a large chunk of my money. 2) It is VERY important to actually budget for spending money to continue to spend on impulse items. Basically allow yourself to spend money on yourself but in a controlled way. Decide a specific amount that you want to put in a separate account that is just for you to spend to your hearts content and have it direct deposit. I find, (and Dave Ramsey also encourages this) that when I know how much money I am going to blow, I feel much more in control and it causes me to not get carried away and blow more than I realized. Take this a step further... Decide specifically what you want to buy for yourself, and label the account accordingly. For example, I decided back in March that I wanted to buy an Xbox One for when Star Wars Battlefront comes out this November. I calculated exactly how much money I would need at that time, figured how many paychecks I would receive until then, and did the math to determine exactly how much I need to direct deposit into an account JUST for saving to buy the Xbox and game. I use CapFed, and I can actually rename the account as it is displayed, so I called it \"\"Xbox fund\"\". Seeing that title, a reminder of what I really want\"\" encourages me to not touch it. What is your goal behind wanting to save money better? What are you saving for? Label your account accordingly so you don't just see it as money, but as progress.\""}
{"_id": "476369", "title": "", "text": "I think housing will come back a bit, but won't be as lucrative as it was in the 90s.  Millennials, although they don't have much money, are still interested in their own houses _if they can afford them._ This means we may see in increase in demand for smaller, more efficient houses or for renovating older houses."}
{"_id": "476386", "title": "", "text": "\"Dov Chaney learned everything from Harvey. It is no secret that both Weinsteins favor the actresses who submit and punish the actors who call them out. But... Harvey is not a bad guy, he actually has a big heart he just got corrupted and became a victim to his own appetites and endless access to fame seeking flesh. When I say \"\"not a bad guy\"\" I mean in high contrast to our president. It is very likely HW will be doing some soul searching...  I left the biz in a bit of a scandal myself and there are days I miss it and then I read these headlines and thank god I am out.\""}
{"_id": "476395", "title": "", "text": "\"It's somewhat addicting - their \"\"Picture Yourself In This Job\"\" feature that shows your picture as it would appear at the top of your profile, yet with a different company/title. Always makes you wonder, and has had me look into the advertised position a few times.\""}
{"_id": "476400", "title": "", "text": "What IBM became was a provider of complete solutions independent of proprietary hardware and software. IBM still provided high end mainframe platforms, but it sloughed off anything that put it in a commoditized dead end. It was forced to do this in the 1980s when it almost disappeared trying to force profit from former hardware and software monopolies.  The real question is how Microsoft avoids becoming the IBM that almost died in the 1980s and becomes something like or even better than the IBM after the 1980s."}
{"_id": "476413", "title": "", "text": "Accessorizing the home is concerned, they are never short of ideas use a single theme and buy each decorative accessory Sydney based on that theme and aim to give your home an eye-catching look and use each interior accessory Sydney in the right manner. Accessories ranging from furniture to the bed sheets come with ample scope for experimentation and customization in your home."}
{"_id": "476448", "title": "", "text": "I would look at it as more of a balance in general assuming you have the ability to contribute pre or post tax money and you expect your retirement tax rate to be about the same. Pre-tax money gives you flexibility of withdrawal during retirement. Say one year you have unusually high expenses you can pull money from your taxed accounts until you hit the top of your target tax bracket and then pull the rest out of already taxed accounts. Note that if you have the same tax rate today as when you retire. The traditional account will net you slightly more money, but not a huge amount."}
{"_id": "476461", "title": "", "text": "What the people believe is fairly important in a team. Are you an atheist? How well do you think you'd work within a team of fundamentalist Christians?  Philosophy applies to cost benefit analysis, you want to build a team that are going to work together the best, this includes being likeable to one another."}
{"_id": "476485", "title": "", "text": "To be flippant: it is illegal because it is against the law; there is no considered involved, it just is. To elaborate, part of the illusion of the stock exchange and other market-like entities is that of (apparent) fairness. If I think a stock will go up because it is involved in a growing industry, that is generally public information.  Conversely if I have a dim view of a particular company because of its track record of product launches, that is similarly out in the open. A secret formula is something that I invented or discovered, not (presumably) something that I stole from someone else. To stretch that further: If I notice that Company X stock always moves with Company Y stock, that is indeed something that I have found, that I can try to profit from.  It is secret to me, but not particularly dependent upon information not available to others, just that my interpretation is better. So trading on information in the public domain is fine, as it preserves the principal of fairness I mentioned, whereas inside knowledge breaks that principal."}
{"_id": "476500", "title": "", "text": "&gt; . I mean, they are making a really cheap Tesla S, where are they cutting costs?  Guess you forgot your tax dollars go into that car. We pay a ton of money per car to lower the price. Funny thing is, wealthier people are the ones buying the Model S for example, but tons of poor people are subsidizing it.   &gt; The Chevy Bolt has a 50% 38km larger battery for practically the same price.  I'm not a fan of all the issues with Teslas and there are MANY. But I rather have that than any Chevy."}
{"_id": "476504", "title": "", "text": "Listen Bernie Bro, if you think any centralized government will ever be fully accountable to we the people, you need to put down the hash pipe. Bernie wasn't even accountable to his own donors, that's why they're suing him ;)   The only solution is for the government to stop inserting itself between people and Healthcare. Only then with direct pricing, lower barriers to entry, private charity and consumer choice can we lower costs. Cartels only exist because of state mandated regulation, patent law and government mandated Healthcare."}
{"_id": "476510", "title": "", "text": "\"I think it's about time that we stop paying lip service to the \"\"Americans get their healthcare from work\"\" bullshit.  If the wealthy elite cannot allow society to organize affordable and universal healthcare how can it expect those same people to offer up the blood and sanity of their youth to fight their wars?\""}
{"_id": "476517", "title": "", "text": "Your idea is a good one, but, as usual, the devil is in the details, and implementation might not be as easy as you think.  The comments on the question have pointed out your Steps 2 and 4 are  not necessarily the best way of doing things, and that perhaps  keeping the principal  amount invested in the same fund instead of taking it all out and re-investing it in a similar, but different, fund might be better. The other points for you to consider are as follows. How do you identify which of the thousands of conventional mutual  funds and ETFs is the average-risk / high-gain mutual fund into which you will place your initial investment?  Broadly speaking, most actively managed mutual fund with average risk are likely to give you  less-than-average gains over long periods of time.  The  unfortunate truth, to which many pay only Lipper service, is that  X% of actively managed mutual funds  in a specific category failed  to beat the average gain of all funds in that category, or the  corresponding index, e.g. S&P 500 Index for large-stock mutual funds, over the past N years, where X is generally between 70 and  100, and N is 5, 10, 15 etc.  Indeed, one of the arguments in  favor of investing in a very low-cost index fund is that you are effectively guaranteed the average gain (or loss :-(, don't forget the possibility of loss). This, of course, is also the argument used against investing in index funds.  Why invest in boring index funds and settle for average gains (at essentially no risk of not getting the average performance: average performance is close to guaranteed) when you can  get much more out of your investments by investing in a fund that is among the (100-X)% funds that had better than average returns?  The difficulty is that which funds are X-rated and which non-X-rated (i.e. rated G = good or PG = pretty good), is known only in hindsight whereas what you need is foresight. As everyone will tell you, past performance does not guarantee future results.  As someone (John Bogle?) said,  when you invest in a mutual fund, you are in the position of a rower in rowboat: you can see where you have been but not where you are going.  In summary, implementation of your strategy needs a good crystal ball to look into the future. There is no such things as a guaranteed bond fund. They also have risks though not necessarily the same as in a stock mutual fund. You need to have a Plan B in mind in case your chosen mutual fund takes a longer time than expected to return the 10% gain that you want to use to trigger profit-taking and investment of the gain into a low-risk bond fund, and also maybe a Plan C in case the vagaries of the market cause your chosen mutual fund to have negative return for some time. What is the exit strategy?"}
{"_id": "476521", "title": "", "text": "I'm a Canadian who regularly travels to US (9-10 times a year) and I hope I'm not offending anyone when I say that every airline within US is garbage - except for Alaska but that's west and I live on the east. It boggles my mind how poor the customer service is and how little you get for your money. My least favorite is United ... of the 20+ flights I've done with them 0 have departed on time or wasn't cancelled. I now try my best to only do Air Canada which isn't the best bang for your buck but at least it has slightly better legroom and interactive TVs for every seat."}
{"_id": "476532", "title": "", "text": "The method to be used for cleaning purposes would depend entirely upon the product used in the construction of wall like concrete blocks, Tasman blocks, etc. If it is retaining wall blocks-made, the top thing to note is that it would get ruined by harsh chemicals or any wrong cleaner."}
{"_id": "476537", "title": "", "text": "The people who share our tastes are not watching most TV channels anymore. People who have a TV and spare money are subscribed to the premium cable channels and mostly watch those shows. Young people watch TV on their computers and don't see the ads.  As a result, the rest of the TV channels have to cater to the vast population of Ghost Hunters fans and Survivor addicts."}
{"_id": "476540", "title": "", "text": "December, 8, 2011 ( 01:40 pm) :- Nifty breached the 5100 level with in the 1 hour of trade but after the announce of our country also affecting by the European crisis disapproval of the FDI in multi brands also made and session of market is in the profit booking mode.  Nifty facing strong resistance at 5150 - 5180 under this Nifty trend keep weak for a down target of 4940 level.  Banking index continuously providing good returns everyday with the really of SBI, AXIS &amp; ICICI Bank."}
{"_id": "476546", "title": "", "text": "Inflation follows the money, chases the money. All the money in the past few years has been directed into the banking system, and so we have an inflation in banking investments -- an investment bubble.  The Fed makes a big mistake putting all the money into these investment banks. Better to put it into the population directly than let these buggering bankers control it. But then, the Fed *is* the buggering bankers, just wearing a different hat.  It's Wyle E. Coyote time yet again as we wait to see how long it takes these bastards to realize there isn't anything substantial under their feet and it's a long way down to the canyon floor. Again."}
{"_id": "476550", "title": "", "text": "Can I transfer directly from my US saving account to their Axis bank in India? Yes you can. any kind of tax  my parents need to pay? No. From you parents point of view, its a Gift from their daughter and would come under the provisions of Gift Tax [and Not Income Tax]. Gifts from specified relatives [Daughter /sons /parent /siblings] is tax free. It would make sense to keep some paper work around this, for example a simple letter stating that this is a Gift, specify the amount, the date of transfer, the amount actually credited, details of the credit [Bank Statement]. If there is a scrutiny by income tax, it would ease things. any kind of tax I need to pay? In India NO. In US I am assuming your have already paid tax hence no tax."}
{"_id": "476562", "title": "", "text": "I just wanted to let people know of a strange little way bankruptcy works in society when dealing with individuals and when dealing with businesses.  If I as a person declare bankruptcy, my credit score goes downhill. I find loans have higher interest rates, some people won't lend the amounts I want, and I have to pay more up front.  If as a business I declare bankruptcy, my individual credit score (not business) does not suffer AT ALL. My business likely will have a harder time getting loans, that is unless someone buys me out or I collapse the business and start a new business, maybe even the exact same business with the same clients. I personally, am not held accountable for anything (unless I was a sole proprietor of course and didn't incorporate).  That to me, is the major problem. Corporations mean never having to say you're sorry. No matter how high up you are, you are never individually accountable for your actions.  In fact, I highly suggest anyone considering bankruptcy simply form a corporation, dump their debt assets into it, and then have the corporation declare bankruptcy.  Viola, instant clean credit score and all your debts are paid.  Just watch out for [vicarious liability :p](http://en.wikipedia.org/wiki/Vicarious_liability)"}
{"_id": "476564", "title": "", "text": "A business has the right at any time to ask it's customers for testimonials. All successful businesses do it because it is a good way to provide new customers with third party review. This helps them make an informed decision and feel more at ease. It is not gaming the system when the reviews are authentic."}
{"_id": "476582", "title": "", "text": "Lost checks happen occasionally, and there are procedures in place (banking & business) to handle the situation.  First and foremost you need to: Note: The money is legally yours, so the company is obligated to work with you here.  If they refuse to cancel or reissue the check, at a minimum you'll want to contact the state government and let them know about the company's actions, if small claims court is not an option.  Businesses aren't permitted to keep 'forfeited funds' in most states, instead they are required to turn them over to the government who would then return them to you when you ask for it.  It's rather scummy of the government bureaucrats, because it puts them in the sole position to benefit from forgotten money, but that's the system we've given ourselves. Since you've moved overseas since the last time you worked with this company, you might need to exercise a little patience and be willing to jump through some hoops to get this resolved.  Be prepared to provide them proof of who you are, and be ready to pay for extra security such as certified mail / FedEx so that you're both sure that the new check is delivered to you and only you. Last of all, learn from your mistake this time and be a little more cautious / proactive in keeping track of checks and depositing them in the future."}
{"_id": "476595", "title": "", "text": "If you are looking for the best of best Acting School In Delhi then contact with Krishna Acting academy who offers the best acting classes to interested student and want to become a actor or actress. For more details, explore the full blog or contact us at: 9811650190"}
{"_id": "476598", "title": "", "text": "Wooo Wooo Posts?  At least 200,000,000 women have been mutilated by this horrible process. Now some religious leader is using economics to justify it. This needs more awareness and you turn it into a personal crusade against me.  Grow up.  https://www.unicef.org/media/media_90033.html"}
{"_id": "476632", "title": "", "text": "\"Rob - I'm sorry your first visit here has been unpleasant.  What you are asking for is beyond the capability of most software. If you look at Fairmark.com, you find the standard deduction for married filing joint is $12,200 in 2012, and $12,400 in 2013. I offer this anecdote to share a 'deduction' story - The first year I did my MIL's taxes, I had to explain that she didn't   have enough deductions to itemize. Every year since, she hands me a   file full of paper substantiating medical deductions that don't exceed   7.5% of her income. In turn, I give her two folders back, one with the 5 or so documents I needed, and the rest labeled \"\"trash\"\". Fewer than 30% of filers itemize. And a good portion of those that do, have no question that's the right thing to do. e.g. my property tax is more than the $12K, so anything else I have that's a deduction adds right to the number.  It's really just those people who are at the edge that are likely frustrated. I wrote an article regarding Standard Deduction vs Itemizing, in which I describe a method of pulling in one's deductible expenses into Odd years, reducing the number in Even years, to allow a bi-annual itemization. If this is your situation, you'll find the concept interesting.  You also ask about filing status. Think on this for a minute. After pulling in our W2s (TurboTax imports the data right from ADP), I do the same for our stock info. The stock info, and all Schedule A deductions aren't assigned a name. So any effort to split them in search of savings by using Married Filing Separate, would first require splitting these up. TurboTax has a 'what-if' worksheet for this function, but when the 'marriage penalty' was lifted years ago, the change in status had no value. Items that phaseout over certain income levels are often lost to the separate filer anyway. When I got married, I found my real estate losses each year could not be taken, they accumulated until I either sold, or until our income dropped when the Mrs retired.  So, while is respect your desire for these magic dials within the software, I think it's fair to say they would provide little value to most people.  If this thread stays open, I'd be curious if anyone can cite an example where filing separately actually benefits the couple.\""}
{"_id": "476644", "title": "", "text": "If unqualified decision makers in HR are trashing resumes of talented people then that company will always be shit to mediocre and will likely always be hanging by a thread on survivability when it comes to their dev team (aka your best person leaves and your team is set back 5 years)."}
{"_id": "476659", "title": "", "text": "To me this is a simple cost/benefit analysis... I'm guessing you will spend a whole lot more time and effort trying to fight the collection agency than the $55 is worth. In this case I would just go ahead, pay it and be done with it. Had the amount been higher, this would change. But that's me; you should do your own analysis based on your circumstances (including how much it's worth to you to be right) and let that inform your decision."}
{"_id": "476663", "title": "", "text": "Naturally the advice from JoeTaxpayer and dsimcha is correct, every situation is different.  I will get reckless, go nuts and make a recommendation! You are young, childless for the time being.  Do the following with your money: ALTERNATE IDEA for #6 Fix yourself up for the long term first, then have a bit of fun, then get out of the house debt.  In that order."}
{"_id": "476670", "title": "", "text": "And what has sporadic research turned up? Why did we change to fiat money? What was the issue with the gold standard? What underlying models helped secure fiat money? Were there alternatives? Why weren't they chosen? And of course because you already know all that, what alternative would you have chosen?   I have sporadically researched physics, biology, and chemistry. But I don't post my opinions on those subjects, because I am poorly informed. I do not want to risk the possibility of misinforming someone with my stupidity. You should consider filtering the things you write in the same manner. Trust me, you would be doing the world a service."}
{"_id": "476678", "title": "", "text": "I took the exam and passed the first try.  Although I did entirely self study with no exam prep course, I do not recommend that method.  Dalton is the best option.  It's very pricey, but they guarantee a refund if you don't pass.  Don't forget that in addition to the Dalton fees, you will have the exam fee as well as if you pass, the CFP dues up front."}
{"_id": "476688", "title": "", "text": "I actually argued this with a friend few days ago that this internet based companies are not just monopoly in US but all over the world. Amazon comes to a new location it starts beating retailers by price and what holds it off is actually tradition of people. In the long run i don't think tradition will hold this sort of new habits  and this could make even grocery shopping done by internet. What needs to be done, or my suggestion, is taxing all these internet companies.  This way amazon won't be able to have that much price advantage and would be luxury where you pay more for (especially for basic stuff like groceries) making them come all the way to your apartment.  I personally like shopping in real life either it is clothes grocery books but since it is actually cheaper for me to buy from amazon, i always order my books from it."}
{"_id": "476699", "title": "", "text": "They should not be able to tell the difference between a regular card and a secured card. The issue for a vendor is can they put a lock on the account equal to the transaction you are about to do. For a rental car company they don't have an exact idea of what your charges will be: it is based on many options some of which you don't decide until the day you return the car.   Because a secured card generally is on the small end (max measured in hundreds or at most $1,000) they might not be able to put a lock of sufficient size on the card."}
{"_id": "476703", "title": "", "text": "&gt;you seem to have some vague sense of unfairness or scalping in the system but no rigorous idea of how it could be happening  Now you're just being purposefully obtuse. Katsayuma laid out the mechanisms quite clearly. Front-running is not that hard to understand."}
{"_id": "476721", "title": "", "text": "There's some risk, but it's quite small: The only catastrophic case I can think of is if the brokerage firm defrauded you about purchasing the assets in the first place; e.g., when you ostensibly put money into a mutual fund, they just pocketed it and displayed a fictitious purchase on their web site.  In that case, you'd have no real asset to legally recover.  I think the more realistic risks you should be concerned with are: The only major brokerage firm that I'm aware of that accepts liability for theft is Charles Schwab: http://www.schwab.com/public/schwab/nn/legal_compliance/schwabsafe/security_guarantee.html If you're going to diversify for security reasons, be sure to use different passwords, email addresses, and secret question answers on the two accounts."}
{"_id": "476729", "title": "", "text": "We have varieties of healthy finger foods in Perth for you. Prepared with love and care, so you get a super healthy diet option in each item you choose. There\u2019s no compromise on the taste, so you get the best treat for your taste buds too. You can also create your own finger food and canapes menu."}
{"_id": "476748", "title": "", "text": "Owning a home is cheaper than paying rent. You ever think the turnover is so high because it's a shitty work environment for what their paid? How about you go sit at the Walmart employee smoke area. All they do is bitch for their 30 minute break about how their job is miserable."}
{"_id": "476763", "title": "", "text": "\"When your dream car is not just 200 times your disposable income but in fact 200 times your whole monthly salary, then there is no way for you to afford it right now. Any attempt to finance through a loan would put you into a debt trap you won't ever dig yourself out.  And if there are any car dealerships in your country which claim otherwise, run away fast. Jon Oliver from Last Week tonight made a video about business practices of car dealerships in the United States which sell cars on loans to people who can't afford them a while ago. As usual: When a deal seems too good to be true, it generally isn't true at all. After a few months, the victims customers usually end up with no car but lots of outstanding debt they pay off for years. So how do you tell if you can afford a car or not? A new car usually lives for about 10-20 years. So when you want to calculate the monthly cost of owning a new car, divide the price by 120. But that's just the price for buying the vehicle, not for actually driving it. Cars cost additional money each month for gas, repairs, insurance, taxes etc. (these costs depend a lot on your usage pattern and location, so I can not provide you with any numbers for that). If you have less disposable income per month (as in \"\"money you currently have left at the end of each month\"\") than monthly cost of purchase plus expected monthly running costs, you can not afford the car. Possible alternatives:\""}
{"_id": "476771", "title": "", "text": "Company Income Tax Filling |GST Registration and Migration Sujata Associate ia an accounting Firm and we are expertise in Companies Act 2013 and we help in Company Registration, Private Limited Registration , Limited Laiblity   Registration , Public Limited Company Registration , Partnership Company Registration and Propriotrship Company Registration. Sujata Associates also help in Company   Audit ,Maintaince of Company Accounts ,Sale Tax Return Filling and Income Tax Filling."}
{"_id": "476785", "title": "", "text": "Absolutely not!  In addition to what the person before me said, which is correct, you will also pay tax on anything that you take out of your RRSP...it will be added to your income...don't do it!"}
{"_id": "476798", "title": "", "text": "Except no one can afford the prices of food with 25/hr labor. The poor especially would be devastated. We have created a system that depends on cheap migrant labor as it has since the late 1800s. Americans do not want to pick our own food. It's been shown for a long long time. We need immigrants willing to do the job to survive with the lifestyle America has created."}
{"_id": "476812", "title": "", "text": "I'll give you a stark example of China's debt-driven construction growth: Since '09 China has constructed enough physical office space buildings to give every Chinese man, woman, and child their own cubicle - 3 times over! Given that these buildings were largely financed by debt, its hard to see how those creditors get all their money back given that there simply are not enough Chinese people to occupy and pay/rent that space in order for break-even to occur."}
{"_id": "476813", "title": "", "text": "I know my experience is anecdotal, but where I work I see this scenario playing out. Most of the people I work with, in a health care administrative role, have children *MY AGE*. In the entire corporate office  of ~50 people there is maybe 6 people in their 20's early 30's. As far as my role as an Accountant, I'm second in command at age 28. I report directly to the CFO who has a daughter my age.  These demographics seem problematic. I know my company isn't the only one that is top heavy with Baby Boomers and few Generation X or younger."}
{"_id": "476818", "title": "", "text": "This. People say on Reddit pretty often 'Oh, you should buy a new fridge to save your electric bill'. Meanwhile, old fridges are built like tanks. You will never make up the cost of electricity when you factor in longevity and cost to purchase a new fridge, and I'm sure the manufacturing process and pollution from making a new fridge is worse then continuing to use a functioning one. The same holds true for other appliances as well."}
{"_id": "476829", "title": "", "text": "There's an unwritten rule among IPO underwriters that they will not go below a 7% underwriting fee.  They act like an oligopoly, artificially keeping the price high to avoid losing future underwriting revenue.  Additionally, the most famous example of a reverse auction IPO was Google's.  Despite a lot of concerns leading up to the IPO, it was priced rather high and did very well following the IPO."}
{"_id": "476834", "title": "", "text": "Like most other investment decisions - it depends. Specifically in this case it depends upon your view of the FX (Foreign Exchange) market over the next few years, and how sensitive you are to losses. As you correctly note, a hedge has a cost, so it detracts from your overall return. But given that you need to repatriate the investment eventually to US Dollars, you need to be aware of the fluctuations of the dollar versus other currencies. If you believe that over your time horizon, the US dollar will be worth the same as now or less, then you should not buy the hedge.  If the dollar is the same - the choice is/was obvious.  If you believe the US dollar will be weaker in the future, that means that when you repatriate back to US dollars, you will purchase more dollars with your foreign currency. If on the other hand, you believe the US Dollar will get stronger, then you should certainly lock in some kind of hedge.  That way, when your foreign currency would have effectively bought fewer US, you will have made money on the hedge to make up the difference. If you choose not to hedge now, you can likely hedge that exposure at any time in the future, separate from the initial investment purchase buy buying/selling the appropriate FX instrument. Good Luck"}
{"_id": "476851", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://econlog.econlib.org/archives/2017/06/american_bankin.html) reduced by 92%. (I'm a bot) ***** &gt; The importance of the unit banking laws is obvious when you consider than Canada had no bank failures during the Great Depression, despite a similar fall in NGDP. Today, that sort of decline in NGDP would wipe out virtually the entire US banking system.  &gt; The pattern is that the governments, on the one hand, protects banks in the forms of deposit insurance or government bailouts when a crisis happens, or give banks certain opportunities.  &gt; The way the governments get the banks to subsidize mortgage risk is by protecting the banks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fcfck/american_banking_socialism_or_laissezfaire/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136658 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bank**^#1 **government**^#2 **deposit**^#3 **lend**^#4 **more**^#5\""}
{"_id": "476859", "title": "", "text": "\"What drives the stock of bankrupt companies? Such stock is typically considered \"\"distressed assets\"\".  Technically, what drives it is what drives every stock - supply and demand. A more interesting question is of course, why would there be demand? First, who exerts the buying pressure on the stock? Typically, three types of entities: The largest ones are financial institutions specializing in distressed assets (frequently, alternatives specialists - hedge funds, private equity firms etc...). Usually, they invest in distressed debt or distressed preferred equity; but sometimes distressed equity as well. Why? We will discuss their motivations separately in this answer. Second one are existing equity holders.  Why? Short answer, behavioral psychology and behavioral economics. Many investors - especially non-professionals - insist on holding distressed stocks due to variety of investment fallacies (sunk cost etc...); usually constructing elaborate theories of why and how the company and the stock will recover Sometimes, people who buy into penny stock scams, pump and dump schemes etc... Why? \"\"There's a sucker born every minute.\"\" - P.T. Barnum Let's find out why an investment professional would invest in distressed equity? First, the general process is always the same. Company's assets are used to pay off its liabilities; in accordance with applicable law. There are two ways this can be done - either through selling the company; OR through bankruptcy process. The liabilities are paid according to seniority. The seniority priorities rules are covered by 11 U.S. Code \u00a7 507 - Priorities A company in bankruptcy can have one of 2 outcomes: Buyout. Some buyer might decide that the company's assets are worth something to them as a whole; and buy the whole enterprise; rather than risk it being destroyed piecemeal in bankruptcy proceedings. In that case, the proceeds from the sale will be used to fund the liabilities as discussed above. This option is one of the possible reasons people might consider investing in distressed equity.  For example, if the company is in bankruptcy because it can't get enough financing right now, but is likely to have good profits in the future. The chances are, some buyer will buy it for a premium that includes those future profits; and that sale amount might possibly exceed the liabilities. Bankruptcy. The assets are sold and liabilities are covered according to priorities. In that case, the investors in distressed equity might be hoping that there are un-obvious assets whose value would also put the total assets above claimed liabilities. Additional possible beneficial factor is that unsecured debtors must file with the court in order to be paid; and the claim must be validated. Some might fail on either count; so total amount of liabilities might lessen once the bankruptcy process goes through. Assets Now, here's where things get interesting. Of course, companies have usual assets. Real estate, inventory, plants, cash, etc... These are all able to be sold to cover liabilities, and at first glance are possibly not enough to cover liabilities, leaving equity holders with nothing (and even that's not a certainty - bankruptcy is simply inability to service debt payments; and while it correlates to assetsliquid assets, not full asset valuation). But some assets are less sure, and are thus rarely included in such calculations. These may include: Chances of winning appeals if specific existing liabilities are results of litigation, e.g. tax appeals, court judgement appeals etc... Clawbacks and lawsuits against former executives, especially in cases where the company's financial distress resulted from executive malfeasance. I was personally involved in one such case as an equity holder, where the company assets were valued at $X; had liabilities of $X*2; but had a real possibility of winning about $X*3 in a lawsuit against former CEO accused of various malfeasance including fraud and insider trading. As such, the best case scenario was literally 100% profit on holding that distressed equity.\""}
{"_id": "476873", "title": "", "text": "You want to buy the online Theater Tickets, Then you can visit our company website. Our company gives the best offer and Discount for online Theater Tickets and other event. It's an easy booking for theatergoers to get the best seats at the most affordable from official sources and Buy Theater Tickets New York. Great seats are available at every price point and are easy to buy Discount Online Tickets, by phone, or in person at Theater box offices. For more information visits our company website."}
{"_id": "476887", "title": "", "text": "I work in a firm that performs this kind of execution for a number of instutional traders. We sell a number of algorithms, and a lot of research goes into building good market signals and forecasts, but the basic idea is that we make a trade-off between time to execute and market impact. This generally means that we're doing a mix of everything you said; we will join the bid for some fraction of our size, and also hit the offer when it looks like the price might be moving away from us. In some certain situations we will even sweep the book several levels deep to avoid tipping off market makers and having them adjust in anticipation of the rest of our order."}
{"_id": "476891", "title": "", "text": "\"I'm not an economist, but I understand the idea of value or \"\"price\"\" is purely \"\"what people agree it to be\"\".  The quants and analysts I've worked with always talk about \"\"discovering the price\"\" - it's an unknown until someone says \"\"I will pay X\"\".  Are my 2nd hand Nikes worth $20?  Put em on ebay to find out.  If someone buys them, then yes, 2nd hand Nikes are worth $20.  If they don't sell then they're not worth $20.    Obviously ebay is not the most efficient market out there.  The exchanges attempt to be that with prices varying by fractions of cent in fractions of seconds (milliseconds).  EDIT*   Perhaps another way to look at it is \"\"What is the 'correct' value of a computer game, say 'Skyrim'?\"\"  Your idea of the value of labour and production costs produces some figure.  But in the real world, what actually happens?  On release day the game is priced at, say, $60.  And lots of people say \"\"I will pay $60\"\".  Many people don't, but many people do.  Months later, Steam has a sale and they suggest Skyrim is now worth $30.  Lot's of people who didn't think it was worth $60 do think it is worth $30.  The amount of labour that went into is hasn't changed.  So what it the true or 'correct' value/price of the game?  What is the correct value/price of *amything*? It is *what people will pay for it*.\""}
{"_id": "476893", "title": "", "text": "If they need _one_ bailout, then they're _obviously_ not capable of running themselves. Two is just fucking insanity.  That shit doesn't matter. Both the Dems and the Republicans are very much in bed with the financial industry, and if the big banks run the entire goddamned country into the ground again, the only argument the two political parties will have over it is who gets to sign the first check."}
{"_id": "476911", "title": "", "text": "I believe you can invest in Vanguard STAR with only $1000 (VGSTX)"}
{"_id": "476913", "title": "", "text": "Keep your account with Navy Federal, once you get an account at a good credit union keep it.  Look for a credit union the students can join, it may be based in the town where the campus is, or one related to the school.  Look for a free ATM on campus. Many times it is near the food court or student union or bookstore. If there is none ask the university to get one.  If you don't find a local credit union you should be able to deposit the checks via scanner or phone to navy federal."}
{"_id": "476923", "title": "", "text": "\"The account I have found that works best as a HSA is Alliant Credit Union. They have fee-free HSA (no fees for almost all types of transactions or monthly fees) and a fairly decent online banking website. I've been with them for about 5 years now without trouble. FYI - They are a credit union not a bank so you do have to make a small $10 donation to one of their charities to become \"\"eligible\"\" for opening the account.\""}
{"_id": "476951", "title": "", "text": "The worst thing about Wholesale Deals UK is that they won\u2019t get back to you in time and their excuses are ridiculous. The suppliers listed there are equally arrogant. I hate how some brainy conmen use internet to trap people. I am rather stunned to see how low someone can get to make money. Business dealings work on fair rules and if the bridging body is so wicked, what good further contacts can do to you?"}
{"_id": "476960", "title": "", "text": "\"My wife and I are paid every two weeks. I go on line see the exact deposit, add it to register, and see what checks cleared. In effect, I reconcile twice per month, and the statement can't be different that what their system tells me. Since the online site shows \"\"last statement balance\"\" I feel there's no need to bother with the paper, nothing left to reconcile.\""}
{"_id": "476972", "title": "", "text": "The beer fanatic of the country has a much better advantage, as there is not only a folks of bars there are a few fantastic locations on the web that serve them all the feature they want to recognize, including breweries, bars and best restaurants in Santa Rosa, Sonoma County and other locations."}
{"_id": "476980", "title": "", "text": "Businesses do not pay income tax on money that they pay out as salary to their employees.  Businesses generally only pay income tax on profit. Profit is the money that comes in (revenue) minus the business expenses.  Payroll to the employees is a deductible business expense."}
{"_id": "477001", "title": "", "text": "Again, it is paid for in paper because the people have decided that the paper has value. Taxes have to buy things (services, materials, etc.), and if nobody wants said currency, that tax pool is completely worthless.  &gt; Taxation is mass-extortion, not a voluntary contractual interaction.  I'm not sure where you come from, but in any reasonably democratic country this is simply not true. It is the collective population deciding to pool some of their wealth to share certain costs of living and working together. You may disagree with the collective, but that doesn't change the collective."}
{"_id": "477003", "title": "", "text": "I'm pretty sure I do, given that it's my job to research the underlying business model and psychological tricks they build their customer experience on. They've very, very deliberately built their products to be the way they are, and some random joe isn't going to substitute for it at the drop of a hat."}
{"_id": "477006", "title": "", "text": "Ok Quick reply then im off this topic. same rights for everyone not for a specific groups.  She said Muslims ( which implies ALL of them). You didn't get my example at all so please read again. I compared a personal attack to an attack of a whole group which is more damaging but most people are strangely ok with that.  I was in Sweden recently.... turns out no one is shitting in the streets or burning cars its actually very clean with extremly low crime rates \ud83e\udd14.... very strange maybe this is a stereotype? Sweden is often under attack from dubious sources although they are a pretty good country which in many ways is even superior to Germany. Oh and hate helps no one! You missed the point here again ! Hate is never productive. criticism is a civil form of communication and the germans do it very often, believe me. Why are you hating so much groups??? Even if you disagree and argue with someone there is still a long way to go to say you hate someone. Also hating groups is generally problematic. I know people you can only describe as Nazis, but i don't hate them. I think they are idiots and i want nothing to do with them..... but thats it. And so my final words on this topic: I don't think everybody hates. I can't think of one i hate. A lot of my friends hate nobody i'm pretty sure about that.  In love not hate the German guy ( wow we went way off topic or is anyone still thinking about Facebook."}
{"_id": "477011", "title": "", "text": "When you can exercie your option depends on your trading style. In the american options trading style (the most popular) you're allowed to exercice your options and make profit (if any) whenever you want before the expiration date. Thus, the decision of  exercising your option and make a profit out of it does not rely only on the asset price. The reason is, you already paid for the premium to get the option. So, if taken into account the underlying price AND your premium, your investment is profitable then you can exercice your contract anytime."}
{"_id": "477013", "title": "", "text": "The problem with small claims is that collection of the money is still up to you.  If the loser just doesn't have the $750 to give you, then you'll still have a very hard time collecting.  If the dispute is about whether you are owed the money or not, then small claims might be a good point as you can get a judgement in your favor."}
{"_id": "477017", "title": "", "text": "\"Let me make sure I understand the point of what Adam Smith is going on about. In discussion of relative poverty, he relates the idea that an individual can be considered in poverty if they do not meet the customary amount of goods considered by their society to be the minimum to be polite in public. You have thus transferred his meaning of what poor means to be what is considered  \"\"basic living\"\". You have then taken this concept and tied the cost of \"\"basic living\"\", which you still haven't actually narrowed down, towards the tax rate on income for a citizen of a community. This is all in the context that you're concerned with the community level of price for \"\"basic living\"\" and whether its too high. However, you also haven't said what too high is nor why you're concerned with the literal price which is why I've said you can only control the price of a good through central authority.  I never made the assertion you wanted to invoke a centrally planned economy, I simply stated that the only way to control prices across a community is through central authority. You've stated that we collect taxes on local, state, and federal levels. This is true, however it does not mean that they control the price. They simply modify the price set by the market, and only serve to increase the price from the base set by market participants.   When I want to buy beer, I don't just pay for the cost of the beer. I pay the cost of the beer + the city tax + county tax + state tax + state sales tax on the beer, which raises the price. Also, these taxes are not income taxes which is what was being discussed.   I still don't know what your point is because you cannot seem to define phrases you've used that I have stated I do not know. If you cannot define what you're talking about, how it relates to the actual discussion, and why its relevant then please stop as its simply a derailment.\""}
{"_id": "477018", "title": "", "text": "Yet we are told, and I assumed, to be a profession of honor. I always thought of bankers as stodgy concervatives who DEMANDED a RESPONSIBLE borrower, not a daredevil trying to become ultra wealthy.  It was a service for growth, not a confidence scam. Too many people are chasing money/wealth as opposed to service and responsible growth. With our GROWTH in population we get a growth in greedy people and predators (and parasites) who's only wish is to obtain wealth for no cost."}
{"_id": "477021", "title": "", "text": "It's probably advantageous to stop depositing into a 401(k) when one is no longer receiving payroll deductions into them. Other than that, why would you want to give up the benefits? Remember, 401(k) is just the kind of account. Most offer a variety of investment options within them, and let you move money between those, so you can rebalance to suit your currently preferred risk/return tradeoffs without having to break them open. You might sometimes want to reduce your contribution for a while, if you have immediate cashflow needs elsewhere... but try to avoid doing that. Compound returns are a good thing, and the earlier the money goes in the more you get back from it."}
{"_id": "477022", "title": "", "text": "I believe they were for the government's future plans for transitioning into a more consumer-driven economy, preparing for their growing middle class and increased domestic demand.  It could end up being a smooth transition, but they have inflated a massive real estate bubble that makes our recent one look pretty small in comparison.  They claim to be able to manage the bubble as well, but it will be interesting to see.  To my knowledge it would be the first successful management of a massive bubble.  What's sad is that another reason for the empty cities is that the government's plan until now has been to support its export-driven economy, through devaluing the yuan (lower purchasing power for citizens) and keeping labor costs (wages) low.  So the future middle-class hasn't been able to afford housing in the new cities.  The government has been actively keeping their workers' standard of living artificially low for the sake of propping up exports.  It's disgusting."}
{"_id": "477024", "title": "", "text": "I don't know why your comment got downvoted because it's perfectly sensible. My only issue with extending the SOL is what basis to use when determining what the statute should be. I'm sure there is, or at least was, a perfectly logical reason for setting it at 5 years. I don't have the foggiest idea of what the basis was mind you, but I'm sure there was one. That being said, extending the statute for future crimes solely because the prosecutors let it run out this time strikes me as being on shaky footing."}
{"_id": "477028", "title": "", "text": "The readily available Aloe Vera drinking juice or gel is the best way to give your body the needed amount of the plant in the best, easiest and safest manner. Just go and buy it from a reputed source like Sanita Wellbeing!!"}
{"_id": "477048", "title": "", "text": "You could consider turning your current place into a Rental Property. This is more easily done with a fixed rate loan, and you said you have an ARM. The way it would work: If you can charge enough rent to cover your current mortgage plus the interest-difference on your new mortgage, then the income from your rental property can effectively lower the interest rate on your new home.   By keeping your current low rate, month-after-month, you'll pay the market rate on your new home, but you'll also receive rental income from your previous home to offset the increased cost. Granted, a lot of your value will be locked up in equity in your former home, and not be easily accessible (except through a HELOC or similar), but if you can afford it, it is a good possibility."}
{"_id": "477049", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Wealth Management Products in China [pdf]](https://www.reddit.com/r/Economics/comments/78kwt4/wealth_management_products_in_china_pdf/) on /r/Economics with 3 karma (created at 2017-10-25 10:50:52 by /u/LtCmdrData)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "477054", "title": "", "text": "Another factor:  When you sell this house and buy the next one, the more equity you have the easier the loan process tends to be.  We rolled prior equity into this house and had a downpayment over 50%--and the lender actually apologized for a technicality I had to deal with--they perfectly well knew it was a basically zero-risk loan."}
{"_id": "477062", "title": "", "text": "The product you seek is called a fixed immediate annuity.  You also want to be clear it's inflation adjusted. In the US, the standard fixed annuity for a 40year old male (this is the lowest age I find on the site I use) has a 4.6% return. $6000/ yr means one would pay about $130,000 for this. The cost to include the inflation adder is about 50%, from what I recall. So close to $200,000.  This is an insurance product, by the way, and you need to contact a local provider to get a better quote."}
{"_id": "477063", "title": "", "text": "OCD is a serious condition and honestly you should avoid taking advice on how to deal with it from strangers on the internet.  I am guessing you are having problems getting a good answer because few people are willing to risk harming someone in a vulnerable state.  You need someone who can work with you throughout the process not some one time quick fix solution dreamed up by some anonymous people on the internet. I wish you luck and please do not take this as blowing you off.  My best suggestion is find someone you trust and engage them in helping you gain control over your behavior."}
{"_id": "477075", "title": "", "text": "In my mind, HR doesn't come into it.   HR is the discipline of hiring, firing, and paying employees. A project manager or project director is not an HR person, and only once/twice a year gets involved with HR related tasks (annual reviews and evaluation etc.)."}
{"_id": "477092", "title": "", "text": "The volatility of an index fund should usually be a lot lower than that of an individual stock. However even with a broad index fund you should consider the fact that being down by 10% in the time frame you refer to is quite possible! So is being up by 10% of course. A corporate bond might be a better choice if you can find one you trust."}
{"_id": "477100", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.thelowdownblog.com/2017/07/why-good-management-appears-to-be-best.html) reduced by 91%. (I'm a bot) ***** &gt; Management consultants know this well: There&amp;#039;s a saying that &amp;quot;Management consultants borrow your watch to tell you the time,&amp;quot; implying that good management is so obvious that everyone knows what to do.  &gt; What does the first-ever management survey at this scale tell us? Management Matters, a Lot We found that only one-fifth of plants use three-quarters or more of the performance-oriented management techniques that we asked about, but that these plants had dramatically better performance than their competitors.  &gt; Better Management Depends on Competition, Skills, and Learning from the Leading Firms What could cause these huge differences in management practices across firms? We found several major factors.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lfbtk/why_good_management_appears_to_be_the_best/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~159896 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **management**^#1 **firm**^#2 **more**^#3 **practices**^#4 **managed**^#5\""}
{"_id": "477118", "title": "", "text": "From Sears, yeah. He got a new job selling cars (where I met him). I'm sure the pension alone wasn't enough to sustain his lifestyle at that point, but surely fucking sweet! I think he got to keep the health insurance too..."}
{"_id": "477121", "title": "", "text": "US centric view here, and keeping in mind that we're talking about the Federal budget:  I'd start off by cutting the military budget to equal what the next three biggest spenders (China, Russia, UK) devote to their military. This would be more than enough for actual defensive needs vs. being the world's policeman. Close up foreign military bases and come home.  Then cut all other discretionary spending so that it's dwarfed by defense. Adjust Social Security, government pensions, and military benefits down to a sustainable level.  Why? Because we're going broke and can't keep the promises we've already made.  Moving forward, let the states handle social programs. That way we can try 50 different things to see what works instead of waging a winner-take-all battle at the Federal level."}
{"_id": "477138", "title": "", "text": "Productivity *can* increase, but it doesn't have to. Productivity can remain the same but if you've got two people competing for one job they bid wages lower since even a lower wage is better (up to a point in welfare state) to no wage at all. It's why so many jobs went to southeast Asia, they bid a wage lower than their competitors on the international market and the jobs migrated to them. Now that they're bidding their wages up that no longer applies to the same extent it once did (and it's why, for example, [Google built their new manufacturing plant in the US](http://www.nytimes.com/2012/06/28/technology/google-and-others-give-manufacturing-in-the-us-a-try.html?_r=1&amp;pagewanted=all))."}
{"_id": "477139", "title": "", "text": "There was a really good discussion with Arthur Levitt (former SEC Chairman) about this on Bloomberg Surveillance this morning. I'd post a link, but it's not up on [their podcast page](http://www.bloomberg.com/podcasts/surveillance/).  Basically, the argument was that it's pretty much impossible for the living wills to act as they should - trading books are far too large and complex for easily unwind in an emergency."}
{"_id": "477143", "title": "", "text": "The main reason, as far as I can see, is that the dividends are payments with which the shareholders may do what they want. Capital that the company has no use for does not make a significant positive return on investment, as you pointed out, yes the company could accrue interest, but that is not going to make the company large sums of cash. While the company may be great at making shoes - maybe even the best in the world - doesn't mean they are good investors. Sure they could dabble at using their capital to invest in other equities, but they don't, because they just want to focus on making shoes. If the dividend goes to the investors, they can do what they wish, be it reinvest in the company, or invest elsewhere. Other companies that may make good use of the capital, and create significant returns on it are one such example. That is the rational answer, beyond that, one of the main reasons is that people like the feeling of receiving dividends - it might not be the answer you are looking for, but many people prefer companies that pay dividends for no rational reason over companies which grow their asset value."}
{"_id": "477162", "title": "", "text": "The GuruFocus Link is just reporting the high and low price of the quarter.  Price Range (Average) \u2013 The estimated trade prices. The average price   is calculated from the time weighted average during the period. If no   price range is shown, the trade prices are estimated trade prices,   which are more accurate estimates. AAPL: $420.05 - $549.03 ($467.26) The numbers for the high and low match what I found for AAPL on Yahoo Finance. Keep in mind their definition uses estimate 3 times."}
{"_id": "477165", "title": "", "text": "Just because your gender is 'pirate' doesn't mean that you shouldn't work on being a little more patient, but then again, who doesn't?  When you are out at sea on your boat, have you ever heard your coworkers call you abrasive?"}
{"_id": "477172", "title": "", "text": "The answer to this question requires looking at the mathematics of the Qualified Dividends and Capital Gains Worksheet (QDCGW). Start with Taxable Income which is the number that appears on Line 43 of Form 1040.  This is after the Adjusted Gross Income has been reduced by the Standard Deduction or Itemized Deductions as the case may be, as well as the exemptions claimed.   Then, subtract off the Qualified Dividends and the Net Long-Term Capital Gains (reduced by Net Short-Term  Capital Losses, if any) to get the non-cap-gains part of the Taxable Income. Assigning somewhat different meanings to the numbers in the OPs' question, let's say that the Taxable Income is $74K of which $10K is Long-Term Capital Gains leaving $64K as the the non-cap-gains taxable income on Line 7 of the QDCGW.   Since $64K is smaller than $72.5K (not $73.8K as stated by the OP) and this is a MFJ return, $72.5K - $64K = $8.5K of the long-term capital gains are taxed at 0%. The balance $1.5K is taxed at 15% giving $225 as the tax due on that part.   The 64K of non-cap-gains taxable income has a tax of $8711 if I am reading the Tax Tables correctly, and so the total tax due is $8711+225 = $8936.  This is as it should be; the non-gains income of $64K was assessed the tax due on it, $8.5K of the cap gains were taxed at 0%, and $1.5K at 15%. There are more complications to be worked out on the QDCGW for high earners who attract the 20% capital gains rate but those are not relevant here."}
{"_id": "477175", "title": "", "text": "I use the self-directed option for the 457b plan at my job, which basically allows me to invest in any mutual fund or ETF. We get Schwab as a broker, so the commissions are reasonable. Personally, I think it's great, because some of the funds offered by the core plan are limited. Generally, the trustees of your plan are going to limit your investment options, as participants generally make poor investment choices (even within the limited options available in a 401k) and may sue the employer after losing their savings. If I was a decision-maker in this area, there is no way I would ever sign off to allowing employees to mess around with options."}
{"_id": "477179", "title": "", "text": "&gt; But perhaps most encouragingly, American businesses are responding to the climate challenge, and for a simple reason: it cuts costs. A recent analysis of Fortune 500 companies revealed half have a goal in place to reduce their greenhouse gas emissions, while 190 companies reported savings of $3.7bn a year as a result of their climate action. The yearly emission reductions from these corporate efforts are equivalent to closing 45 coal-fired power plants.  Given this, where do rightwing whackjobs get the idea it will cost $3 trillion to adhere to Obama's climate pledge for the Paris agreement?"}
{"_id": "477185", "title": "", "text": "Process of making Eucalyptus Core Veneer  1 | Rotary cut 2 | Put into cutting machine 3 | Cut to size 1270*640mm 4 | Classify into grade A/B/C 5 | Air drying 6 | Collect; Be tied up in bundles  Any concerns about Core Veneer, please contact us:  Mobile : +84 93366 5346 (Imess, Whatsup, Line, Viber, Zalo, Wechat) Skype: harvey.kego Email: harvey@kego.com.vn"}
{"_id": "477205", "title": "", "text": "If there's a general trend, be it debt, incarceration, drugs, whatever, black folks tend to take the worst of it. Prior to the 80's, 70% of tuition costs were picked up by the state, and the overall costs were reduced by schools running sideline businesses like farming and applying the proceeds towards costs (Google 'land grant universities').  They were typically managed by tenured faculty, and a summer job could pay the difference.  Now the schools are run by businessmen and investors, with the goal of making as much profit as possible instead of education. The state now only picks up 30% of the cost, and student debt tends to average about 30k+.  10 years of summer jobs would barely make a dent in that."}
{"_id": "477208", "title": "", "text": "What he is saying is, you borrow lots of money and put it into my business and my business will go up in value and therefore between us we are richer.  What he doesn't say is, if his business profits are going to pay off the debt you have accrued. We all know the answer to this but his supporters are so blind in their loyalty that they will miss it. Also known as corporate welfare."}
{"_id": "477211", "title": "", "text": "Seo is very essential part of a business or services, which are offers by the many companies, some companies give the best offer according to the market but didn't reach to the customers so seo gives them to return on their investment by marketing through the seo companies in uae, Google, social media or various marketing strategy. For a business taking off on constructing its online presence, the selection to optimise the discoverability of its website via search engines like google and yahoo should be the foremost and maximum pertinent gesture toward lengthy-term commercial enterprise development targets."}
{"_id": "477221", "title": "", "text": "Shopping is easy, I don't want to buy it, carry it around, store it in my home or wear it.  It is just an opinion about whatever the shopping is for. When I don't want to spend the money on dining out, I just say I am broke and I will catch up next time.  Since they are my friends they understand and don't get too upset.  (like msemack says, if they get upset about it I don't think I would really care to spend time with them anyway) While I am a big fan or eating at home and being cheap, I also recognize that my desire to spend money and have fun can't be suppressed for too long:  make a budget item for having fun and spend some of your money on a good time with your friends and family. Make a date night with your spouse or friends and control when and where you go so your can control your budget."}
{"_id": "477223", "title": "", "text": "Internet and Game Zone provides Networking and software solutions, on call troubleshooting, website designing, logo designing, Spywares, Internet gaming to enjoy. Services include everything about technology, things you want to know. We service and provide computer repairs in Morrisville and perform in depth software diagnostic test. Feel free to contact us anytime."}
{"_id": "477226", "title": "", "text": "The gift card for specific stores has no fee. In our budget of nearly $500/mo for supermarket, it would be easy to just buy 10 x $500 cards, and then be careful with them.  A look at your past 12 mo of spending should provide a hint what GCs might work for you.  Else, for a $4.95 fee, I've bought $500 generic Visa cash cards. When my new credit card offered a 10% cash bonus for spending, I spent. Took us nearly 18 months to burn thru 500 cards. But a net $4500 gain was sweet.  Update - the cash card racks all appear to have a sign that these cards may no longer be bought with a credit card."}
{"_id": "477257", "title": "", "text": "This is something you are going to have to work out with the leasing company because your goal is to get them to make an exception to their normal rules. I'm a little surprised they wouldn't take 6 months pre-payment, plus documentation of your savings. One option might be to cash in the bonds (since you said they are mature), deposit them in a savings account, and show them your account balance. That documentation of enough to pay for the year, plus an offer to pay 6 months in advance would be pretty compelling. Ask the property manage if that's sufficient. And if the lease is for one year and you're willing to pay the entire year in advance, I can't see how they would possibly object. If your employment prospects are good (show them your resume and explain why you are moving and what jobs you are seeking) a smart property manager would realize you'll be an excellent, low-risk tenant and will make an effort to convince the parent company that you should live there."}
{"_id": "477267", "title": "", "text": "\"I suppose if you can't differentiate yourself on quality (though I have no idea if that's the case here), going the \"\"we're doing God's work\"\" route is a good way of getting sales from people who will fall for it.\""}
{"_id": "477282", "title": "", "text": "This.... It's actually far more expensive if you look at it from the nation-state  level. This is the same as a division of a company doing a shitty shitty job to save on their budget while annother division has to spend 10x out of their budget because of the Asshats in the other office...  Or say in construction, contractor A saved $80 by running the wrong pipe. Then Contractor B needs to overspend by $245k  when the pipe fails, fucks everything 3 floors down and all needs to be replaced anyway.    Do it right the first fucking time....."}
{"_id": "477295", "title": "", "text": "Look at the aristocrat dividend paying stocks (https://en.m.wikipedia.org/wiki/S%26P_500_Dividend_Aristocrats).  These all pay dividends and have consistently outperformed the S&P 500 - 10.6% vs 7.4% the last ten years. While stocks should not be generally considered for short-term investing, I personally think the market is showing a general up trend for the next few years.  Also, the dividends add an additional buffer.   Because you would be making regular monthly investments, you should choose a fund that invests in  aristocrat stocks so you can set up an automatic  depost."}
{"_id": "477296", "title": "", "text": "GuruFocus has an excellent summary of psychological barriers in the markets:  http://www.gurufocus.com/news.php?id=88451"}
{"_id": "477300", "title": "", "text": "Based on customer ratings that Best Buy customers post on the Best Buy website?  I wouldn't trust those ratings one bit.  The website is managed by the same company trying to sell you the product.  Also a simple rating out of 5 isn't very helpful."}
{"_id": "477307", "title": "", "text": "There is no special protection for money obtained from an insurance pay-out."}
{"_id": "477310", "title": "", "text": "\"No, I understood your question perfectly.  I'm just saying that sort of situation is generally rare.   A quick Google search yields [this article] (http://www.investopedia.com/financial-edge/1112/small-business-financing-debt-or-equity.aspx) which responds to the question - Which funding method should I choose? with the answer \"\"Often you will not have a choice\"\".    That is exactly what I'm saying.  The status and stage of your business dictates what sort of financing is even available to you.  Most often you don't even have a choice between one or the other.  If you want a formula, the other people responding mentioned [WACC] (http://www.investopedia.com/terms/w/wacc.asp) which is the \"\"standard\"\" that finance professionals typically use.  You generally will want a WACC that is similar to other successful companies of your similar size and industry.  The actual mechanics of adjusting your WACC will involve either issuing (or repurchasing) equity or debt.  Regardless, what you are asking is not generally practical nor does it come into practice in 99 out of 100 financing situations.  WACC is important to understand and consider but people don't issue equity or debt just to balance their WACC.     Think about this another way... how easy is it to raise debt?  Probably fairly easy as usually you can go to commercial banks or go to an investment bank if you're raising enough debt.  Companies borrow all of the time, they're constantly paying off loans or taking new ones with different interest rates.  There are revolving lines of credit, secured loans, factoring (borrowing against receivables), EETCs, fixed interest debt, variable interest debt, mezzanine debt, etc etc.  How easy is it to issue equity?  Pretty amazingly difficult... sure you have your IPOs but that happens once in a company's lifetime.  You might have [secondary offerings] (http://en.wikipedia.org/wiki/Secondary_market_offering) or [follow ons] (http://en.wikipedia.org/wiki/Follow-on_offering) but those are incredibly rare... I mean you've probably never even heard of them right?  You don't hear about Apple or Boeing doing those every quarter do you?  You'll hear about private equity companies buying up firms and you'll hear about mergers all of the time but again those are once-in-a-company's-lifetime events.    So now that you've read that.. how often is a company **really** going to be deciding between debt and equity?  Not very often.\""}
{"_id": "477316", "title": "", "text": "The old truck is collateral for a loan. The place that made the loan expects that if you can't pay they can repossess that old truck. If you sell it they can't repossess it.  The dealer needs clean title to be able to buy the truck from you, so they can fix up the truck and sell it to somebody else. I am assuming the the lender has filed paperwork with the state to show their lien on the title. Your options are three: As to option 2: If the deal still makes sense the new car dealer can send the $9,000 to the lender that you forgot about. That will of course increase the amount of money you have to borrow.  You will also run into the problem that this loan that you forgot to mention on your credit application may cause them to rethink the decision to loan you the money."}
{"_id": "477346", "title": "", "text": "\"I find it disgusting that somebody could conceivably be sued by a record label for distributing some early Rock and Roll from the 50s (which honestly should be public domain by now). Music that the labels cheated the artists out of the rights to. (\"\"We'll pay you $50 to come in and record that song.\"\")\""}
{"_id": "477357", "title": "", "text": "I have also tried Mvelopes in the past, and my experiences match yours. I currently use the desktop version of YNAB:You Need a Budget (YNAB 4), and I like it much better.  Where we failed after a while with Mvelopes, we are succeeding with YNAB, and have been now for the last 3.5 years. I don't want this to sound like a commercial for YNAB (I will give important caveats about YNAB later), but here is why I believe we have done better now with YNAB than before with Mvelopes.  I hope that these reasons will be useful to you when you are evaluating your next options. As you said, we also found Mvelopes' interface to be slow and glitchy.  YNAB 4 is a desktop app (with synching capabilities) that we found to be much quicker and easier to work with than Mvelopes' Flash-based interface.  (That was 4 years ago; hopefully Mvelopes has redone their interface since then.)   We also struggled with Mvelopes' connection with our banks.  With YNAB 4, there is no connection to the bank: everything has to be entered manually.  I initially thought this might be worse, but for us it has been better.  I can either enter transactions as they happen on the mobile app, or I can hold on to receipts and enter them every day or two in the evening, categorizing as I go.  We always have an up-to-date picture of our finances, and we don't have to mess with trying to match up downloaded transactions that have been screwed up, duplicated, or are missing. We aren't really using YNAB much differently than we were using Mvelopes, but we have learned a few tricks that I think have contributed to our success.  One of the things we do differently is that I don't obsess about the cash accounts too much.  Cash accounts, for us, are the hardest to keep track of, because most of our cash transactions don't have a receipt: we are paying a friend or family member for something, or leaving a tip, or something like that which we forget about when it comes time to enter into the software.  As a result, the cash account balances get off.  I periodically enter a correcting transaction to get the balances right, and have a budget category specifically for this that we have to put money in for these unknown transactions.  Fortunately for us, our cash spending is a small percent of our total spending (we usually pay with a credit card) so this bit of untracked spending isn't that big of a concern. With YNAB, the current month's budget is right in front of you as soon as you open up the app, which makes it easy to adjust your budget during the month, if necessary.  With Mvelopes (at least how their app worked 4 years ago), the budget was somewhat hidden after you funded your budget categories, and it was a bit of a pain to move money around between categories.  The ability to adjust your budget in the middle of the month is crucial; if you don't do that, you'll get frustrated the first time you find that you don't have enough money in a category for something you need.  YNAB makes it very easy to move money around inside your budget. That having been said, you need to be aware that the current version of YNAB is not a desktop application but a web-based app.  YNAB 4, the old desktop version which we have been using, is officially unsupported as of the end of 2016.  However, I see that it is still available for sale, if you are interested in it, the YNAB4 help site is still up, and the mobile app you would need to work with it on your phone (called YNAB Classic) is still in the app store.   As I said, the current YNAB is now a web app, complete with automatic downloading of transactions from your bank.  I have no experience with it (other than playing around with it a little), and so I can't tell you how quick the interface is or how well the auto-downloading of transactions works. As an alternative, another web-based solution is EveryDollar, from Dave Ramsey's company.  (I have never tried it.)  The advantage of this one is that it is free if you choose not to link it to your banks; the automatic downloading of transactions is a paid feature. I wrote an answer a couple of years ago in which I describe two different approaches that budgeting software packages tend to take.  I'm not familiar with Buxfer, so I don't know which approach it takes, but perhaps that answer will help you evaluate all of your software options. On the behavior side of things, besides the relaxing of the cash accounting I mentioned above, we also involve my wife a little less in the budgeting process than we used to.  (This is by her choice!)  I am the one who enters all the transactions into the software (she hands me all her receipts), I reconcile the accounts at the end of the month, and I set the budget for the next month.  We have been doing this long enough now that she knows what the budget is, and we only need to discuss it if we want to do something different with the budget than we have been doing in the past.  She has the YNAB app on her phone and can see where we are at with all of our budget categories."}
{"_id": "477372", "title": "", "text": "I had no idea that 3 sentences could possibly last as long as you made them. Here is a slightly better and shortened version for you:  &gt;You know I'm right. I'm right because people know what I know. Therefore I'm right. You ask dumb questions because you are dumb.  Using tautologies and circular reasoning isn't the best case for your argument. I'm sure that you can offer a better case.  Finally, downvoting is best in cases where the individual does not add to the argument,  not if they simply disagree with you. Or at least in theory."}
{"_id": "477373", "title": "", "text": "Jordan, no need to worry about adult stuff, you go play with your friends in the sand box. Let mommy and daddy worry about that.  EDIT: Why are you all downvoting me? i explained it to him as though he were five. ITS A JOKE."}
{"_id": "477374", "title": "", "text": "\"I'm a SVP at a wealth management firm - I pay my admins extremely well (between $90k and $100k base + benefits + bonuses) and I expect a lot in return. Certain traits that I find critical include (but are not limited to):  -punctuality -organizational abilities  -time management  -multitasking -willingness to learn -ability to take action without explicit directions in some situations  -PRIVACY (with clients, internally, etc...) -gregariousness  -\"\"thick skin\"\" (sometimes people say things they don't mean in the heat of the moment) -written and oral communication skills -strong work ethic -too many others to list  For example, I have 2 admins in their late 50s and are essentially superannuated employees - 1 of them resents the fact that I'm 37, and believes since she has been here longer than me she doesn't have to follow my directions. The other has never mentioned anything about age, etc...when it was announced that I would assume the role of CEO in the next 2-3 years, who do you think got nervous? My point is, be professional and treat everyone with respect. I would have to imagine it's difficult to climb the corporate ladder while being insubordinate or condescending.   When I talk to prospective clients (or current clients) I refer to them as \"\"team members\"\" and tell people that THEY are the ones that make everything happen. Neither one of them came from a financial background, but \"\"hard work respects hard work\"\".   If you have any questions, please feel free to ask me.   Good luck!\""}
{"_id": "477405", "title": "", "text": "Hahaha, why are you responding then. You can't disagree with facts. The national debt has gone down while trump had been you're president. That is a fact brought to you. Y the congressional budget office.  Under obama the debt went up 89% or 9 TRILLION DOLLARS. What is there to refute?"}
{"_id": "477409", "title": "", "text": "&gt; Assuming that's my only source.  It's the source you posted. I haven't made any assertions of my own in this thread so the rest of your comment is moot as you're reading into something that isn't there."}
{"_id": "477416", "title": "", "text": "\"I wouldn't worry about \"\"it probably wouldn't be best time for withdrawal\"\" aspect too much.  With a bit of planning and organization, you could cash out investments held in one country and have them reinvested in another one in a matter of days (if not less), minimising your \"\"time out of the market\"\".  If the markets are cheap when you sell, the chances are you'll be able to buy in again at much the same price.  There's a small chance you miss out on the markets lurching upwards, but you might just as easily miss out on a fall and come out ahead.  Old saying: \"\"time in the market is more important than market timing\"\". Tax it's hard to discuss without mentioning specific countries.  e.g if you were resident in the UK you'd probably want to invest within an \"\"ISA\"\" tax-free wrapper; gains are tax free and there's no penalty for withdrawing when you leave.  No idea what equivalents there are around Europe. Interestingly there seems to be some recognition by the EU that this sort of thing is an issue for an increasingly mobile workforce; was recently some news of plans for a pan-European pension savings vehicle.\""}
{"_id": "477423", "title": "", "text": "There are now lots of seller to buy phone but sellmyfone.com is one of the best where you can sell your phone with least amount of efforts at genuine price. You get reliable sale guaranteed and also free device pick up services."}
{"_id": "477424", "title": "", "text": "I should apply for everything I can on the same day, get approved for as many as I can First it may not sound as easy. You may hardly get 2-3 cards and not dozens. Even if you submit the applications the same day; If you still plan this and somehow get too many cards, and draw huge debt, then the Banks can take this seriously and file court case. If Banks are able to establish the intent; this can get constituted as fraud and liable for criminal proceedings. So in short if someone has the money and don't want to pay; the court can attach the wage or other assets and make the person pay. If the intent was fraud one can even be sent to jail."}
{"_id": "477426", "title": "", "text": "\"The key to evaluating book value is return on equity (ROE). That's net profit divided by book value.  The \"\"value\"\" of book value is measured by the company's ROE (the higher the better). If the stock is selling below book value, the company's assets aren't earning enough to satisfy most investors. Would you buy a CD that was paying, say two percentage points below the going rate for 100 cents on the dollar? Probably not. You might be willing to buy it only by paying 2% less per year, say 98 cents on the dollar for a one year CD. The two cent discount from \"\"book value\"\" is your compensation for a low \"\"interest\"\" rate.\""}
{"_id": "477431", "title": "", "text": "I don't know what is worse, the guy on that video's holier than thou, condescending attitude, the fact that anyone would dedicate an hour to criticizing the Young Turks (who have got to be about the dumbest and least relevant political commenter in existence), or the fact that this is posted to /r/business.  There is no point in this thread of garbage, from a comedian's political opinion, to a pack of college know-it-alls, to this ridiculous hour long breakdown of a bunch of college know-it-alls, that isn't completely garbage."}
{"_id": "477433", "title": "", "text": "\"Sry for getting -73.   It is fact that we don't have a minimum wage in Germany and that we developed a pretty large low income sector over the last ten years that often pays wages that are, in fact illegal in the US. And there are cases which involve workers receiving state benefits and essentially working for free in order to get back into the \"\"primary job market\"\". This last sector has a lot of fraud, often times to the sole disadvantage of the person working.  But Germany also has a tradition of less transparency compared to the US. This includes all aspects of life and has benefits. Much more privacy for example. But also severe drawbacks. Like this one. Where a lot of people simply choose to ignore a huge part of the population. Though it isn't 25% of the workforce that gets such low wages. It's still big though.  Your karma is outrageous.\""}
{"_id": "477434", "title": "", "text": "This should not be taken to be financial advice or guidance. My opinions are my own and do not represent professional advice or consultation on my part or that my employer. Now that we have that clear... Your idea is a very good one.  I'm not sure about the benefits of a EBITDA for personal financial planning (or for financial analysis, for that matter, but we will that matter to the side). If you have a moderate (>$40,000) income, then taxes should be one the largest, if not the largest chunk of your paycheck out the door.  I personally track my cash flow on a day-by-day basis. That is to say, I break out the actual cash payments (paychecks) that I receive and break them apart into the 14 day increments (paycheck/14). I then take my expenses and do the same. If you organize your expenses into categories, you will receive some meaningful numbers about your daily liquidity (i.e: cash flow before taxes, after taxes, cash flow after house expenses, ect) This serves two purposes. One, you will understand how much you can actually spend on a day-to-day basis. Second, once you realize your flexibility on a day-to-day basis, it is easy to plan and forecast your expenses."}
{"_id": "477442", "title": "", "text": "Almost every company carries massive debt. From a financial standpoint a company that has less than 70% of it's capital in debt is not utilizing it's growth potential.   There are a few companies that buck this trend but the vast majority of corporations carry absolutely massive debt at all time. Yes even the profitable ones. As long as they pay according to the plan all is well."}
{"_id": "477452", "title": "", "text": "You're paying $850/yr interest, and probably earning close to zero on the $5000 in savings. I don't know why this feels safe in comparison to having both at zero, and depositing the payment you now make to the card into savings. Even if the payment is just $100, you'll have $1200 in a years time.  I don't know of an emergency that can't be handled on a credit card, and I'd go that route until you build up a decent real emergency fund. I wouldn't offer the same advice if the debt were low rate loans such as your mortgage or student loan, but 17% is high enough to do it this way."}
{"_id": "477468", "title": "", "text": "At what point can you not afford the repair, and how will that repair affect your home? In your scenario, you would be claiming $1, which I could agree is universally bad. A good tip is to raise the deductible to the point you feel you can cover on your own so you aren't tempted.  (It would lower your premium too) This is what an emergency fund is for.  In your examples, if you have $10K in an emergency fund, don't file a claim.  If you have no emergency fund, and your roof is missing, I would suggest filing a claim. If you have no money, but the claim is to fix something that you could ignore (missing a back porch?  Lock the back door and don't go out of it) then save the $10K and pay for it out of pocket. When it doubt, pay for it out of pocket if possible."}
{"_id": "477476", "title": "", "text": "Welcome to the wonderful but oft confusing world of self-employment. Your regular job will withhold income for you and give you a W2, which tells you and the government how much is withheld.  At the end of the year uber will give you and the government a 1099-misc, which will tell you how much they paid you, but nothing will be withheld, which means you will owe the government some taxes. When it comes to taxes, you will file a 1040 (the big one, not a 1040EZ nor 1040A).  In addition you will file a schedule C (self-employed income), where you will report the gross paid to you, deduct your expenses, and come up with your profit, which will be taxable.  That profit goes into a line in the 1040.   You need to file schedule SE.  This says how much self-employment tax you will pay on your 1099 income, and it will be more than you expect.  Self employment tax is SS/Medicare.  There's a line for this on the 1040 as well.  You can also deduct half of your self-employment tax on the 1040, there's a line for it. Now, you can pay quarterly taxes on your 1099 income by filing 1040-ES.  That avoids a penalty (which usually isn't that large) for not withholding enough.  As an alternative, you can have your regular W2 job withhold extra.  As long as you don't owe a bunch at tax time, you won't be a fined. When you are self-employed your taxes aren't as simple.  Sorry.  You can either spend some time becoming an expert by studying the instructions for the 1040, pay for the expensive version of tax programs, or hire someone to do it for you. Self-employed taxes are painful, but take advantage of the upsides as well.  You can start a solo 401(k) or SEP IRA, for example.  Make sure you are careful to deduct every relevant business expense and keep good records in case you get audited."}
{"_id": "477481", "title": "", "text": "Yeah exactly what I thought. I've always gone on nikes website expecting *some* sort of discount but that shits even more expensive sometimes. So I was confused when he mentioned a markup. Might be a store to store basis."}
{"_id": "477511", "title": "", "text": "Please direct personal finance questions to /r/personalfinance  However, my opinion is that you are unlikely to earn more than 7% annualized returns from any combination of asset offerings in your 401k over the next several years; therefore, you should pay off your student loans first. I am ignoring tax consequences, but /r/personalfinance may be able to provide a more quantitative answer."}
{"_id": "477552", "title": "", "text": "\"I wish I was in your shoes with the knowledge I have in my head. financial goal setting is a great plan at your age. In my humble opinion you don't want to save for anything... you want to invest as much as you can, create a corporation and have the corporation invest as much as possible. When there is enough monthly cash flow coming from your investments... have the corporation buy you a house, a car, take out an insurance policy on you as key employee... etc.  As for the $11,000 laying around in cash as an emergency fund, no way! With returns as high as 1-3% per month invested properly keep it invested. Getting to your emergency cash reserve you have in a trading account is only a couple key strokes away. As for the 401k... If it is not making at least 25% yearly for the last 10 years (excluding your Contributions) do it yourself in a self directed IRA.  Oh... I forgot to mention When your corporation buys your stuff... if set up correctly you can take them as a loss in the corporate ledger and you know any loss from one entity can offset profits from another, thus reducing any taxes you may have. My friend you are at the point of great beginnings, hard choices and an open door to what ever you want your future to look like. Decide what you want out of your money and don't take \"\"NO YOU CAN'T DO THAT\"\" as an answer. Find someone that will tell you these secrets, they are out there. Good luck.\""}
{"_id": "477566", "title": "", "text": "I suggest looking at Bill Good's philosophy on cold calling. Print out his cold call sheets that teach you about cherries and pit polishing (especially the free articles on cold calling). He teaches you to keep work as fast a possible and keep your conversations as short and non-salesy as possible.   I'm sure he charges a fee for actually being taught how to fully envelop in his philosophy but I just utilized the free stuff from his website.   I will admit I'm still not a huge fan of cold calling even after using his system. Honestly, it's been like pulling teeth to get me motivated to pickup the phone. But he is one of very few that have created a science around it that could truly work."}
{"_id": "477568", "title": "", "text": "Kroger is the largest grocery chain in the U.S. and generally not seen as 'expensive'. Unless you are going to Aldi or Save-A-Lot, I don't think you are going to find anything 'lower priced'. You do know you don't have to provide real information when signing up for those cards, right? That's basically a non-issue."}
{"_id": "477570", "title": "", "text": "At B Main Sculptors, we understand that choosing a befitting and appropriate memorial for your loved one isn\u2019t always simple. We\u2019re here to help make your decisions easier with a caring, attentive service that always considers your personal feelings. Our monumental masons in Lanarkshire adapt carefully to the sensitive nature of our work. We have the products and the experience to bring your memorial ideas to life and set them in stone forever. We personalize headstones and memorial plaques in Glasgow in your choice of words and lettering so that your final farewells and thoughts are never forgotten. At B Main Sculptors, we help with the supply of flower vase holders, headstone erections and all other related services."}
{"_id": "477588", "title": "", "text": "\"Yes, if it's an American style option. American style options may be exercised at any time prior to expiration (even if they're not in-the-money). Generally, you are required to deliver or accept delivery of the underlying by the beginning of the next trading day. If you are short, you may be chosen by the clearinghouse to fulfill the exercise (a process called \"\"assignment\"\"). Because the clearinghouse is the counter-party to every options trade, you can be assigned even if the specific person who purchased the option you wrote didn't exercise, but someone else who holds a long position did. Similarly, you might not be assigned if that person did exercise. The clearinghouse randomly chooses a brokerage to fulfill an assignment, and the brokerage will randomly choose an individual account. If you're going to be writing options, especially using spreads, you need to have a plan ahead of time on what to do if one of your legs gets assigned. This is more likely to happen just before a dividend payment, if the payment is more than the remaining time value.\""}
{"_id": "477597", "title": "", "text": "If you take the profit or loss next year, it counts on next year's taxes.  There's no profit or loss until that happens."}
{"_id": "477603", "title": "", "text": "How is the business organized? If as a General Partnership or LLC that reports as a partnership, you will be getting distributed to you each year your % ownership of the earnings or loss. But note, this is a paperwork transfer on the form K-1, which must then carryover to your tax return, it does not require the transfer of cash to you. If organized as an S-Corp, you should be holding shares of the company that you may sell back to the S-Corp, generally as outlined in the original articles of incorporation. The annual 'dividend' (earnings remaining after all expenses are paid) should be distributed to you in proportion to the shares you hold. If a C-Corp and there is only one class of stock that you also hold a percentage of, the only 'profits' that must be distributed proportionally to you are declared dividends by the board of directors. Most family run business are loosely formed with not much attention paid to the details of partnership agreements or articles of incorporation, and so don't handle family ownership disputes very well. From my experience, trying to find an amicable settlement is the best...and least expensive....approach to separation from the business. But if this can't be done or there is a sizable value to the business, you may have to get your own legal counsel."}
{"_id": "477613", "title": "", "text": "I just opened and received my first credit card - Discover IT - I'm a student. How do I do my best with this card? I plan to only use it for gas and groceries and to pay it off every month by the due date. Is this all I need to know to be successful?  Also I got a report with it that said my current credit score is 665. I don't know how I have a credit score, all I've ever paid with is cash and my debit card. Can anyone enlighten me? Thanks!"}
{"_id": "477621", "title": "", "text": "&gt;&gt;The US remains wedded to its allegedly free market leanings despite revelations that JP Morgan, among others, receives $14 BILLION a year in government subsidies.  I don't think you'd get much more argument from American taxpayers (big or small) that subsidies if/when they are justified should come with requirements to make sure the public interest is truly being served.  What is less clear is that holding stock in businesses that the government has decided to subsidize means the government should control the pay of the parent company's execs.  Disclaimer: I identify conservative with libertarian leanings and do not (to the best of my knowledge) own stock in any bank or bank-like entity"}
{"_id": "477630", "title": "", "text": "To me, it depends. How much are their total assets?  Having 10% of your money in something like that isn't crazy.  having it all in?  That IS crazy. Can they reduce their exposure to this account without paying a penalty (say pull out 10%?) The Manager should be taking direction from them.  If they aren't able to get the manager to re-allocate to something more suitable, under your friends direction, they should then pursue whether or not the manager is operating lawfully."}
{"_id": "477635", "title": "", "text": "&gt; Show me clear evidence that a grocer is doing this, including references in their actual financial statements.  Are you really that  naive? If a company is doing this, it is not going to put that evidence on public display.    This might be more of a local specific. My country had some very lawless years with high corruption rate - if you were displaying big profits there would be many people that would try to either take away your business entirely, or to extort money out of you. Usual preferred methods included operating entirely on credit (thus profits go to the bank, and not the owner) and using many short lived intermediates."}
{"_id": "477637", "title": "", "text": "Various types of corporate actions will precipitate a price adjustment.  In the case of dividends, the cash that will be paid out as a dividend to share holders forms part of a company's equity.  Once the company pays a dividend, that cash is no longer part of the company's equity and the share price is adjusted accordingly. For example, if Apple is trading at $101 per share at the close of business on the day prior to going ex-dividend, and a dividend of $1 per share has been declared, then the closing price will be adjusted by $1 to give a closing quote of $100. Although the dividend is not paid out until the dividend pay date, the share price is adjusted at the close of business on the day prior to the ex-dividend date since any new purchases on or after the ex-dividend date are not entitled to receive the dividend distribution, so in effect new purchases are buying on the basis of a reduced equity.   It will be the exchange providing the quote that performs the price adjustment, not Google or Yahoo.  The exchange will perform the adjustment at the close prior to each ex-dividend date, so when you are looking at historical data you are looking at price data that includes each adjustment."}
{"_id": "477644", "title": "", "text": "The article says nothing.  It is a bunch of cube dwellers crunching numbers.  Does Wisconsin want to invest state dollars in private industry or not?  If not, keep spending your taxes on pensions and healthcare.  God forbid we invested OUR money in something that could, I dunno, produce wealth for someone other than the state?"}
{"_id": "477646", "title": "", "text": "\"Diversification is spreading your investments around so that one point of risk doesn't sink your whole portfolio. The effect of having a diversified portfolio is that you've always got something that's going up (though, the corollary is that you've also always got something going down... winning overall comes by picking investments worth investing in (not to state the obvious or anything :-) )) It's worth looking at the different types of risk you can mitigate with diversification:  Company risk This is the risk that the company you bought actually sucks. For instance, you thought gold was going to go up, and so you bought a gold miner.  Say there are only two -- ABC and XYZ.  You buy XYZ. Then the CEO reveals their gold mine is played out, and the stock goes splat. You're wiped out. But gold does go up, and ABC does gangbusters, especially now they've got no competition.  If you'd bought both XYZ and ABC, you would have diversified your company risk, and you would have been much better off. Say you invested $10K, $5K in each. XYZ goes to zero, and you lose that $5K. ABC goes up 120%, and is now worth $11K. So despite XYZ bankrupting, you're up 10% on your overall position.  Sector risk You can categorize stocks by what \"\"sector\"\" they're in. We've already talked about one: gold miners. But there are many more, like utilities, bio-tech, transportation, banks, etc. Stocks in a sector will tend to move together, so you can be right about the company, but if the sector is out of favor, it's going to have a hard time going up.    Lets extend the above example. What if you were wrong about gold going up? Then XYZ would still be bankrupt, and ABC would be making less money so they went down as well; say, 20%. At that point, you've only got $4K left. But say that besides gold, you also thought that banks were cheap. So, you split your investment between the gold miners and a couple of banks -- lets call them LMN and OP -- for $2500 each in XYZ, ABC, LMN, and OP. Say you were wrong about gold, but right about banks; LMN goes up 15%, and OP goes up 40%.  At that point, your portfolio looks like this: XYZ start $2500 -100% end $0 ABC start $2500 +120% end $5500 LMN start $2500 +15% end $2875 OP start $2500 +40% end $3500 For a portfolio total of: $11,875, or a total gain of 18.75%.  See how that works?  Region/Country/Currency risk So, now what if everything's been going up in the USA, and everything seems so overpriced? Well, odds are, some area of the world is not over-bought. Like Brazil or England. So, you can buy some Brazilian or English companies, and diversify away from the USA. That way, if the market tanks here, those foreign companies aren't caught in it, and could still go up. This is the same idea as the sector risk, except it's location based, instead of business type based.  There is an additional twist to this -- currencies.  The Brits use the pound, and the Brazilians use the real. Most small investors don't think about this much, but the value of currencies, including our dollar, fluctuates. If the dollar has been strong, and the pound weak (as it has been, lately), then what happens if that changes? Say you own a British bank, and the dollar weakens and the pound strengthens. Even if that bank doesn't move at all, you would still make a gain.  Example: You buy British bank BBB for 40 pounds a share, when each pound costs $1.20. Say after a while, BBB is still 40 pounds/share, but the dollar weakened and the pound strengthened, such that each pound is now worth $1.50. You could sell BBB, and because of the currency exchange once you've got it converted back to dollars you'd have a 25% gain.   Market cap risk Sometimes big companies do well, sometimes it's small companies. The small caps are riskier but higher returning. When you think about it, small and mid cap stocks have much more \"\"room to run\"\" than large caps do. It's much easier to double a company worth $1 billion than it is to double a company worth $100 billion.  Investment types Stocks aren't the only thing you can invest in. There's also bonds, convertible bonds, CDs, preferred stocks, options and futures. It can get pretty complicated, especially the last two. But each of these investment behaves differently; and again the idea is to have something going up all the time.  The classical mix is stocks and bonds. The idea here is that when times are good, the stocks go up; when times are bad, the bonds go up (because they're safer, so more people want them), but mostly they're there to providing steady income and help keep your portfolio from cratering along with the stocks. Currently, this may not work out so well; stocks and bonds have been moving in sync for several years, and with interest rates so low they don't provide much income.  So what does this mean to you? I'm going make some assumptions here based on your post. You said single index, self-managed, and don't lower overall risk (and return). I'm going to assume you're a small investor, young, you invest in ETFs, and the single index is the S&P 500 index ETF -- SPY.  S&P 500 is, roughly, the 500 biggest companies in the USA. Further, it's weighted -- how much of each stock is in the index -- such that the bigger the company is, the bigger a percentage of the index it is.  If slickcharts is right, the top 5 companies combined are already 11% of the index! (Apple, Microsoft, Exxon, Amazon, and Johnson & Johnson). The smallest, News Corp, is a measly 0.008% of the index.  In other words, if all you're invested in is SPY, you're invested in a handfull of giant american companies, and a little bit of other stuff besides.  To diversify: Company risk and sector risk aren't really relevant to you, since you want broad market ETFs; they've already got that covered. The first thing I would do is add some smaller companies -- get some ETFs for mid cap, and small cap value (not small cap growth; it sucks for structural reasons). Examples are IWR for mid-cap and VBR for small-cap value.   After you've done that, and are comfortable with what you have, it may be time to branch out internationally. You can get ETFs for regions (such as the EU - check out IEV), or countries (like Japan - see EWJ). But you'd probably want to start with one that's \"\"all major countries that aren't the USA\"\" - check out EFA.  In any case, don't go too crazy with it. As index investing goes, the S&P 500 is not a bad way to go. Feed in anything else a little bit at a time, and take the time to really understand what it is you're investing in.  So for example, using the ETFs I mentioned, add in 10% each IWR and VBR. Then after you're comfortable, maybe add 10% EFA, and raise IWR to 20%. What the ultimate percentages are, of course, is something you have to decide for yourself.  Or, you could just chuck it all and buy a single Target Date Retirement fund from, say, Vanguard or T. Rowe Price and just not worry about it.\""}
{"_id": "477654", "title": "", "text": "It's a balance between selling it all, which would be instantly incriminating, and selling a small amount while you still can that still amounts to more than most Americans make in a year. If they sold it all, we wouldn't be having this argument."}
{"_id": "477656", "title": "", "text": "\"1 - yes, it's fine to pay in full and it helps your score. 2 - see chart above, it's calculated based on what the bill shows each month.  3 - answered by chart. 1-19% utilization is ideal. 0% is actually worse than 41-60% Note: The above image was from Credit Karma. A slightly different image appears at the article The Relationship Between Your Credit Score and Credit Card Utilization Rate. I don't know how true this really is. Since writing this answer, I've seen offers of a true \"\"FICO score\"\" from multiple credit cards, and have tinkered with my utilization. I paid my active cards before the reporting date, and saw 845-850 once my utilization hit 0. Credit Karma still has me at 800.\""}
{"_id": "477657", "title": "", "text": "This is something you should decide as part of entering a partnership with someone. Ideally before you make the initial purchase you have a detailed contract written up.  If you have already bought the house and someone is now ready to move out the easiest thing to do is sell the house. If that is not an option, you'll have to decide on a plan together and then get it in writing."}
{"_id": "477662", "title": "", "text": "With an increasing age, old age people are become helpless and unable to walk, stand, eat and remember properly. They need help of others to do their daily work. Home health care aide stands by their side and assists them as they confront these issues."}
{"_id": "477683", "title": "", "text": "Here are a couple of articles that can help highlight the differences between a broker and an online investment service, which seems to be part of the question that you're asking. Pay attention to the references at the end of this link. http://finance.zacks.com/online-investing-vs-personal-broker-6720.html Investopedia also highlights some of the costs and benefits of each side, broke and online investment services. http://www.investopedia.com/university/broker/ To directly answer your question, a broker may do anything from using a website to making a phone call to submitting some other form of documentation. It is unlikely that he is talking directly to someone on the trading floor, as the volume traded there is enormous."}
{"_id": "477705", "title": "", "text": "I must say, I can't completely agree with the tone of most of these answers.  I think there may be a good reason to buy a new car, or a luxurious used car. For years I drove old, second hand cars that were really cheap. and unreliable.  I can't count the number of times I was left stranded because my car didn't start, or the alternator burned out.  I could have bought more recent models, but I was trying to save money. But in 2010 I found a very low mileage 2008 Smart Car for small money.  It was a good deal at the time.  It was almost new, having very low mileage, and about 60% of the price of a new, less well appointed Smart.  I found out that I really like driving cars that won't break down and leave me stranded in sleet or ice storms.  When my wife's Mazda hatchback finally rusted to the point that it wouldn't pass the safety inspection and couldn't be repaired, we bought a new 2013 Toyota Rav4.  We are really happy with it.  It's probably not a luxury car to you, but having reliable heat and air conditioning seems like luxury to us, and we are happy with our decision.  I get the Smart serviced at the Mercedes shop.  They have very nice coffee and pastries, and very fast free wifi."}
{"_id": "477714", "title": "", "text": "AdrianaJewelry has a huge collection of gold, silver and diamond jewelry, that can match your every budget and opportunity. More than six hundred designs in gold and other expensive jewelry with and without diamonds are displayed on our website. If you want to Gold Studs, then you can order online through our website, we provide your order within committed time. For more information about any type of jewelry, you can contact us."}
{"_id": "477716", "title": "", "text": "\"As an aside, why does it seem to be difficult to get a conclusive answer to this question? I'm going to start by trying to answer this question and I think the answer here will help answer the other questions.  Here is a incomplete list of the challenges involved: So my question is, is there any evidence that value investing actually beats the market? Yes there is a lot of evidence that it works and there is a lot of evidence that it does not.  timday's has a great link on this.  Some rules/methods work over some periods some work during others.  The most famous evidence for value investing probably comes from Fama and French who were very careful and clever in solving many of the above problems and had a large persistent data set, but their idea is very different from Damodaran's, for instance, and hard to implement though getting easier. Is the whole field a waste of time? Because of the above problems this is a hard question.  Some people like Warren Buffet have clearly made a lot of money doing this.  Though it is worth remembering a good amount of the money these famous investors make is off of fees for investing other peoples' money.  If you understand fundamental analysis well you can get a job making a lot of money doing it for a company investing other peoples' money.  The markets are very random that it is very hard for people to tell if you are good at it and since markets generally go up it is easy to claim you are making money for people, but clearly banks and hedge funds see significant value in good analysts so it is likely not entirely random. Especially if you are a good writer you can make a more money here than most other jobs. Is it worth it for the average investor saving for retirement?  Very, very hard to say.  Your time might be better spent on your day job if you have one. Remember because of the fees and added risk involved over say index investing more \"\"Trading is Hazardous to Your Wealth.\"\"\""}
{"_id": "477720", "title": "", "text": "Yes. You can pay towards your credit card before the actual bill becomes due every month. However, your credit usage ratio does not get sent to credit reporting agencies exactly on the day of your bill; this data can be sent to the agencies any day of the month. So, keep your balance low at all times throughout the month, not just right before your statement closing date."}
{"_id": "477724", "title": "", "text": "\"That was indeed a typo.  I would not go into details regarding Germany, Japan's economy is pretty much in stagnated state for the past two decades.  US has a high deficit and this issue is a major topic if you follow the current election season. And yes, that is not a good thing.  Britain (Still, is not that UK?) and Italy seem to come off as time wrap living in colonial era where they can just get free stuff off others. Note the high debt cost of Italy. It is not as if debtors are lining up to give money to these nations. More often than not, it is the leftover state of pre-world war mindset where some people/organizations try to hold on to the money and influence as long as possible.  I think this topic itself is extremely complicated and has various facets to it but to even moot such ideas - essentially saying \"\"lets exchange goods and here take our currency\"\" and then saying \"\"our currency has no value btw\"\" is criminal. It just voids the legal contract written on a dollar note.\""}
{"_id": "477744", "title": "", "text": "\"&gt;There is no fact that shows taxing the rich is good or bad.  Sure there is.  What is the outcome you are trying to achieve?  What are the consequences of your solution (i.e. how does your solution turn into a problem)?  If you are using evaluative concepts like \"\"fair\"\" as guiding design principles for a system, we are still able to articulate our intuitions of fairness when presented with specific facts.  Is there going to be clear consensus?  No.  I agree with you in that sense it is \"\"opinion.\"\"  When you dig down and move beyond magic words like \"\"fair\"\" and get at the reasoning why a thing is fair or not, that is how you build common truth and consensus.  That's how you have a meaningful discussion beyond \"\"Yeah, huh\"\" and \"\"Nah, uh.\"\"    Bringing facts allows you to ground out your argument and explore how principles are actually being applied, situate decisions historically, and connect choices with how they fit in our larger system.  Are there definitive answers?  You are, again, right there are not but ambiguity tolerance is a sign of intelligence, not a failing.  &gt;And my point isn't that Republicans are bad, but that they are covering their harmful economic policies with helpful ones. The obvious implication isn't that they are bad people, but that we should be critical of their bad policies and applaud their good ones.  Let me just concede that you are policy focused.  It is fairy uncontroversial also to say that stimulus causes the general public not to feel the effects of tax cuts until years later and so, there is less resistance to them.  That can be true, however, while still seeing their choices made in relation to those made by democrats.    Further, when you explain the situation, you can just as easily switch which side labeled \"\"harmful\"\" and \"\"helpful.\"\"   Are solutions to social problems which entail tax burdens placed consistently on one portion of the population again and again the \"\"harm\"\"?  Is it the tax cut which now underfunds an existing outlay?  Or, is it an unhealthy relationship where one group expands and the other tries to reign in which leads to systemic instability?  Moving away from evaluative language like \"\"harmful/helpful\"\", \"\"good/bad\"\", \"\"fair/unfair\"\" challenges us to articulate the history, the desired outcome, and move away from *us* vs. *them* thinking.  You don't get an ideal correct solution with that approach but you do get closer to practical good enough ones that way.\""}
{"_id": "477764", "title": "", "text": "Incorrect. As a given product or service becomes more complex to manufacture or support, the cost of entry into that marketplace increases.   Any aspect of technology automatically tends towards increased barrier to entry even without regulation.  Increased barrier to entry requires larger investment, means more risk, means increased difficulty finding investment.  Consider computer processors - in the 80s, creating a processor that can compete in the fledgling marketplace against similarly available chips would cost maybe a few million.  Today, creating a processor thousands of times more complex, requiring much more complex chip fabs (of which there are a mere handful), and bringing it to market to compete against CPUs that already have the infrastructure and programming history to support them would be nearly impossible and require billions.  Or, you know, you could look at the whole Microsoft and Intel locking out their competition from PC manufacturers by means of economic incentives or disincentives, leading to a de-facto monopoly that they can then abuse to force PC manufacturers to deal on their terms, all possible without regulation."}
{"_id": "477811", "title": "", "text": "\"I'd like to know if there is any reliable research on the subject. Intuitively, this must be true, no? Is it? First, is it even possible to discover the correlation, if one exists? Dave Ramsey is a proponent of \"\"Proven study that shows you will spend 10% more on a credit card than with cash.\"\" Of course, he suggests that the study came from an otherwise reliable source, Dun & Bradstreet. A fellow blogger at Get Rich Slowly researched and found - Nobody I know has been able to track down this mythical Dun and   Bradstreet study. Even Dun and Bradstreet themselves have been unable   to locate it. GRS reader Nicole (with the assistance of her trusty   librarian Wendi) contacted the company and received this response:   \u201cAfter doing some research with D&B, it turns out that someone made up   the statement, and also made up the part where D&B actually said   that.\u201d In other words, the most cited study is a Myth.  In fact, there are studies which do conclude that card users spend more. I think that any study (on anything, not just this topic. Cigarette companies buy studies to show they don't cause cancer, Big Oil pays to disprove global warming, etc.) needs to be viewed with a critical eye. The studies I've seen nearly all contain one of 2 major flaws - My own observation - when I reviewed our budget over the course of a year, some of the largest charges include - I list the above, as these are items whose cost is pretty well fixed. We are not in the habit of \"\"going for a drive,\"\" gas is bought when we need it. All other items I consider fixed, in that the real choice is to pay with the card or check, unlike the items some claim can be inflated. These add to about 80% of the annual card use. I don't see it possible for card use to impact these items, and therefore the \"\"10% more\"\" warning is overreaching.  To conclude, I'll concede that even the pay-in-full group might not adhere to the food budget, and grab the $5 brownie near the checkout, or over tip on a restaurant meal. But those situations are not sufficient to assume that a responsible card user comes out behind over the year for having done so.  A selection of the Studies I am referencing -\""}
{"_id": "477823", "title": "", "text": "Bank assets are debt. Thus bank equity is a claim on debt.   Note also that QE etal dropped interest rates, compressing interest rate spreads and making it harder for banks to make money.  Banks do well when interest rates increase"}
{"_id": "477846", "title": "", "text": "I do not think the CFA is enough to land you a job. From what I have read, most well respected institutions demand someone to either be an experienced hire or currently doing their undergrad/MBA.   Searching WSO is the best way to get good answers for these kinds of questions as I am only an undergrad and my experience is mostly in economic research."}
{"_id": "477848", "title": "", "text": "**Here's a sneak peek of /r/studentloandefaulters using the [top posts](https://np.reddit.com/r/studentloandefaulters/top/?sort=top&amp;t=year) of the year!**  \\#1: [The Generation Gap](http://i.imgur.com/uAmYADGh.jpg) | [7 comments](https://np.reddit.com/r/studentloandefaulters/comments/57g0gm/the_generation_gap/)   \\#2: [Student loan debt in the US is being used as a form of economic terrorism designed to redistribute wealth, and to undermine and degrade American democracy.](http://billmoyers.com/story/student-loan-industry-trump-neoliberals-creating-nation-serfs/) | [10 comments](https://np.reddit.com/r/studentloandefaulters/comments/6kbh4l/student_loan_debt_in_the_us_is_being_used_as_a/)   \\#3: [More Americans Want To Forgive Trillion-Dollar Student Loan Debt Than Want It Repaid](http://www.ajc.com/business/consumer-advice/more-americans-want-forgive-trillion-dollar-student-loan-debt-than-want-repaid/wI5xkXb3sgjANCuhEzg6hO/) | [6 comments](https://np.reddit.com/r/studentloandefaulters/comments/6oxjdw/more_americans_want_to_forgive_trilliondollar/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "477849", "title": "", "text": "I've never worked with DeltaV myself, but all my cohorts in Oil and Gas seem to use it. I would love to live in the world of a DCS system.   They commissioned a system where I used to work that was such that one of our presses could send out POP3 messages and order it's own spare parts based on it's own internal system of checks and balances."}
{"_id": "477851", "title": "", "text": "\"Just brainstorming here, but my gut feeling is it should be possible to sell your home to yourself with the sole purpose of resetting your basis. Taken at face value it feels illegal, but since I think we all would agree that you could sell your house to a third party and purchase the identical house next door for the same price (thus resetting your basis), why can't you purchase the same home right back? If one is legal, it seems odd for the other not to be. That being said, I have no idea how to legally do it. Perhaps you truly need a third party to step in which you sell it to, and then buy it back from them sometime in the future. Or perhaps you could start an LLC and have it purchase your home from you. Either way, I highly suggest finding an expert real estate attorney/accountant before attempting this, and don't be surprised if you get multiple opposite opinions. I suspect this is a gray area which will highly depend on how tax \"\"aggressive\"\" you are willing to be.\""}
{"_id": "477853", "title": "", "text": "\"I would think it extremely unlikely that an issuer would cancel your card for having an ADB of approximately zero. The issuer charges the vendor that accepts a card a percentage of the transaction (usually up to ~3%, AMEX is generally higher) - so they are making money even if you carry no balance on your card (the specific language for various vendor-side (acceptor) credit card agreements boils down to \"\"we are essentially giving you, the vendor, a short-term loan and you will pay us for it). This why you see credit-card minimum purchase amounts at places like hot-dog stands - they're getting nailed on the percentage.  This is also why, when given the choice between \"\"Debit or Credit\"\" for a particular card, I choose where to put the hit on the company I like less - the retailer or the bank.\""}
{"_id": "477860", "title": "", "text": "I understand it could be cash converts.  I was an accounting major.  I'm just pointing out some possible reasons for why they might borrow instead of using cash on hand.  They might not have enough cash on hand because  of the fact that they might be holding cash equivalents."}
{"_id": "477907", "title": "", "text": "In general, saving money should be prioritized over extra debt payments. Every dollar that you spend paying down a debt will decrease the amount of principal owed; this will directly decrease the future interest payments you will make. However, as time goes on, you are dealing with a smaller and smaller set of principal; additionally, it is assumed that your income will grow (or at least keep pace with inflation), making the debt more bearable. On the other hand, every dollar you save (or invest) now will increase your future income - also making the future debt more bearable. Not only that, but the longer you save, the more value to you get from having saved, meaning you should save as early as possible. Finally, the benefits of paying down the mortgage early end when the mortgage is completely paid off, while the benefits of saving will continue (and even grow) after the house is owned free and clear.  That is, if you have an extra $100,000 to put into the mortgage during the life of the loan, you could sink that into the mortgage and see it disappear, or you could invest it, and reap the dividends for the rest of your life. Caveat emptor: behavior trumps numbers. This only works if you will actually be disciplined about saving the extra money rather than paying off debt. If you're the kind of person for whom money burns a hole in your pocket until you spend it, then use it on debt. But if you are able to save and invest that money, you will be better off in the long run."}
{"_id": "477921", "title": "", "text": "What's being left unsaid here is that Target, and every other retailer, knows that only about 30% of gift cards are ever used.   So they're still raking in money, and do so knowing that they're tricking well-intentioned customers into exchanging actual money for play money that likely won't be used."}
{"_id": "477932", "title": "", "text": "\"It's a real pain in the rear to get cash only from a bank teller (the end result of cutting the card as suggested). There is a self control issue here that, like weight loss, should ultimately be addressed for a psychologically healthy lifestyle. You don't mention a budget here. A budget is one of the first tools necessary for setting spending limits. Categorizing your money into inviolable categories, such as:  will force you to look at any purchase in context of your other needs and goals. Note that savings is at the top of the list, supporting the aphorism to, \"\"Pay yourself first.\"\" Make realistic allowances for each budget category, then force yourself to stick to this budget by whatever means necessary. Cash in several envelopes labeled with each category can physically reinforce your priorities (the debit card is usually left at home for now).  Roll remaining funds from each month over into the next month to cover irregular larger expenses, such as auto repairs.  What sort of investing are we talking about? If you are just talking about retirement savings, an automatic deduction of just $50 to a Roth IRA account at a discount brokerage every pay check is a good start. An emergency fund of 6 months expenses is also common financial advice, and can likewise be built from small automatic deductions. In defense of wise use of plastic, a debit card can be a great retroactive budgeting tool because it records all spending for you. It takes a lot more effort to save and enter receipts for cash, and a compulsive spender without a budget is just as likely to run out of money whether or not he uses plastic. You could keep receipts in the envelope you take the cash out of when you're getting started. If you are so addicted to spending that you must cut your debit card to enforce your budget, at least consider this a temporary measure to get yourself under control. When the bank issues you a new card, re-evaluate this decision and the self control measures you've implemented to see if you've grown enough to keep the card.\""}
{"_id": "477938", "title": "", "text": "Give all your money as well as your budget requirements to someone you really trust. Tell them to give you ONLY what your budget allows. As long as both of you take this seriously, this method will be very effective."}
{"_id": "477939", "title": "", "text": "\"Don't put all your eggs in one basket and don't assume that you know more than the market does. The probability of gold prices rising again in the near future is already \"\"priced in\"\" as it were. Unless you are privy to some reliable information that no one else knows (given that you are asking here, I'm guessing not), stay away. Invest in a globally diversified low cost portfolio of primarily stocks and bonds and don't try to predict the future.  Also I would kill for a 4.5% interest rate on my savings. In the USA, 1% is on the high side of what you can get right now. What is inflation like over there?\""}
{"_id": "477940", "title": "", "text": "Consider the individual who pays $1,000,000 in taxes.  His/her income must be substantial.  That is what one should aim for.  Investments for the most part, do not lower ones taxes.   In one of John Grisham's novels, tax shelters are being discussed.  Sorry, I do not remember which book.  The discussion goes something like this: There are a few investments which can lower your taxes.  Purchase a house.  Mortgage interest on your principle residence is deductible (if you itemize deductions).  If you don't itemize, focus on increasing income to the point where itemizing benefits you. In general, businesses have more deductions than individuals.  Own a small business. You (or your accountant) will discover many deductions.  Hint: the company should lease a car/truck, many meals are now deductible.  This is not the reason to own a business."}
{"_id": "477945", "title": "", "text": "You should be.  Plastics are harming our oceans and the entire environment.  No need to keep disposable water bottles at home.  Sure, there are cases where you don't have your water canteen(bottle) with you; and in those instances disposable water bottles make sense.   However, when you buy 48 pack disposable water bottles every two weeks for your house consumption.  There is some serious logic flaw there."}
{"_id": "477951", "title": "", "text": "\"If I held stock in these companies yesterday, would I have profited by these gains? No.  For DZSI, your 5 shares at $1.10 would now be 1 share at $5.50, so you would have the same total amount.  For SGY, they closed at $6.95, and opened at $32.80, so your five shares at $6.95 would now be one share at $32.80, so you would have actually lost money (not purely because of the split, but because the \"\"new\"\" shares are trading lower then the expected 1:5 split price).  A split in general does not affect market cap (how much your total shares are worth) but there may be residual effects that cause the market value to fluctuate after a split that affect the price.\""}
{"_id": "477971", "title": "", "text": "What a stunning lack of substance. Nothing really news worthy, Google is entering an existing market and aiming to compete directly with the likes of Indeed. No indications that this will be particularly transformative for the economy.  TLDR; Fake News"}
{"_id": "477973", "title": "", "text": "&gt; your monthly bill   Herein lies the confusion that I've witnessed among many commenters, yourself included.  This isn't about *your* data.  It isn't about *your* outlet.  It's about the competing use of fixed infrastructure to deliver data across the country.  I use highways as an example because everybody gets those.  This isn't about your driveway and its connection to the highway, or even about making sure that anybody can drive up your street and into your driveway.  This is about who has the priority to occupy the fixed amount of highway bandwidth that exists.  Right now, a company can flood that fixed infrastructure at relatively little marginal cost to themselves.  It's akin to a company that sends out so many trucks that at peak times, it occupies 37% of the highway flow (which, by the way, is Netflix's peak bandwidth occupancy).  Is that fair?  Is it right?  Netflix's service is obviously popular; it's normal business to assume that they can shoulder higher costs due to their higher demand.  That you may have to pay more for Netflix service is as much a function of *Netflix's business model* as it is of the ISP.  Netflix doesn't have to pass its costs on to you; if it chooses to it's on them - not Comcast."}
{"_id": "477989", "title": "", "text": "If your argument is we should eliminate low wage jobs and replace it with some form of UBI, I'd be curious to see studies on that. Personally my interest is in making sure people have enough money to survive using the most efficient programs possible. EITC and  non-wage subsidies do a pretty good job, so I'm generally in favor of them."}
{"_id": "478001", "title": "", "text": "The real food is already being shipped overnight by boutique companies and is often more fresh then what you can find at your local supermarket. How is Amazon going to do it effectively and make it affordable is the million dollar question."}
{"_id": "478008", "title": "", "text": "Not only recycling, but in a lot of places burning trash is the main way of disposing of it. Or just throwing it on the ground and letting it pile up because disposal services are insufficient or nonexistent.   Then when it comes to oil there are those regions, but let's not forget the entire global shipping industry (and really all commercial marine industry) is dependent on diesel and oil and to a lesser extent very recently Liquid Natural Gas. And even a small ship uses the same amount of fuel as many, many cars."}
{"_id": "478015", "title": "", "text": "Yeah thats why you dont go to work under the influence thats kind of common sense i fail to see your point here. A guy who drinks beer at dinner shouldn't be hired ??  &gt;On the other hand, grades of individuals who moderated their use of alcohol and marijuana saw their GPA improve in subsequent semesters.  Yeah idk what your point is with this article either."}
{"_id": "478016", "title": "", "text": "The cold caller is just a different way to contact you compared to the junk mail that they send. The business  gets information from the credit rating companies for households that meet a specific set of criteria. It could be town, age, home ownership, low credit utilization...Or the exact opposite depending on what they are selling. Some business do sell your data. Grocery store know who buys certain products: parents buying diapers may want to start saving for college; ones buying acne medicine may want to talk about lower rates for car insurance.  When they call via phone they have a different success rate compared to junk mail, but for that business that may be acceptable for their needs."}
{"_id": "478026", "title": "", "text": "Can I bring a bankers cheque or DD from singapore bank . Yes you can.  Remember if they are payable in Singapore, i.e. SGD denominated, they will take time to clear; typically around a month. Alternatively you can approach an Indian Bank in Singapore they can arrange for a Rupee draft payable in city of your choice. The Banks also have a facility of opening an NRE account in the city/Branch of your choice by opening account with wire transfer.  I do not have time for NRE account Money can be transferred into your NRO account as well. You could also use remittance services that provide better exchange rates."}
{"_id": "478052", "title": "", "text": "\"You should never concern yourself with the opinions of the average American because they are the most loathsome, ignorant creatures. Something like only 20% of America was able to correctly answer the question \"\"If inflation is 3% and your bank account has a 1% interest rate, is your purchasing power increasing or decreasing?\"\"\""}
{"_id": "478060", "title": "", "text": "\"The primary advantage of HFTs is their speed to act upon opportunities that exist for only fractions of a second. The reason why they are able to do this is because they invest heavily in hardware, custom software, and custom algorithms.  Most of the fleeting advantage, as they all manage to top each other's hardware seemingly every other day, is from the hardware investment.  To see the extremes that HFTs will go to invest in hardware, one might view this. It is highly likely that the trader with the market making algorithm could have been ignorant of the \"\"hide not slide\"\" order and missed out on many more opportunities while still being successful.  Haim Bodek, who is very much against this order type, was not so lucky. If it was truly an investment bank then it was unlikely that they were actually front running, which is very illegal and easily possible with much more low tech means, since companies like Citadel handle most orders now, and they have not been successful in investment banking. The reality of HFT is slowly coming to light, that while HFT can provide extremely consistent returns with enormous sharpe ratios, the capital investment is equally enormous, and the amount of capital that can be employed is also as enormously limited.  After all, the richest people on the planet are not HFT owners. Also, when it comes to time periods longer than 500ms, their results become very human.\""}
{"_id": "478065", "title": "", "text": "Either way you'll be converting to US Dollars somewhere along the line. You are seeking something that is very redundant"}
{"_id": "478075", "title": "", "text": "\"I didn't know it was popular to hate on amazon for being \"\"corporate\"\"   Every business is corporate. Are you saying people hate every business?  It is nice to get out and buy a book and leave your room and PC. In fact it is healthy. It is also healthy for an economy to offer market options and diversity in choices.\""}
{"_id": "478091", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cnbc.com/2017/07/28/the-associated-press-us-economy-expanded-at-stronger-2-point-6-percent-rate-in-q2.html) reduced by 87%. (I'm a bot) ***** &gt; The revision slightly boosted growth over the past three years, enough to lift the average growth in this recovery, now the third longest in U.S. history, to annual gains of 2.2 percent, up from the previous estimate of 2.1 percent.  &gt; The 2.6 percent growth in the second quarter was the fastest pace since the economy expanded at a 2.8 percent rate in the third quarter of last year.  &gt; Much of the strength in the April-June period came from consumer spending, which grew at a 2.8 percent rate, up from a 1.9 percent growth rate in the first quarter.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qr78a/us_economy_expanded_at_26_percent_rate_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~180154 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **growth**^#1 **percent**^#2 **quarter**^#3 **rate**^#4 **year**^#5\""}
{"_id": "478115", "title": "", "text": "A lot of business owners think they know about drugs because they posted a shit job on craigslist once and some guy showed up smelling like weed.    You really believe that the only people who use cannabis are minimum wage losers?  You must be a pretty gullible businessman."}
{"_id": "478124", "title": "", "text": "Citibank just sent me a $100 check. Here's how I got it:"}
{"_id": "478131", "title": "", "text": "Our biggest one has always been concerning onboarding / offboarding - access grant / access lockouts, hardware allocation / software licensing...  Of course our HR department still works with stone tablets so that could explain the disconnect and inefficiencies..."}
{"_id": "478147", "title": "", "text": "the demat account that I have in India is not an NRI account. Since I was not sure how long I would be in the US, I never converted my account to NRI account. Is it required to convert my account to NRI account? Yes it is very much required by law. One should not buy or sell shares in the Resident account. One has to close and open a new account NRO Demat account and transfer the shares / units into it. Sell from this account. If you need to buy shares when one is NRI, an Demat PINS account is required to be opened."}
{"_id": "478150", "title": "", "text": "It really depends on your demographics. Where are they located? What are their common interests? Could you use this to effectively target them with advertising? Do you get repeat business? Do you have past customers info? They're antiques: do people actually play these instruments or are they just ritzy fucks who want another dusty piece of wood in their house?   TL;DR Know your customer, find a way to reach them three different ways and let them know you still exist."}
{"_id": "478161", "title": "", "text": "Hooray for progress! Drug tests are invasive and unfair, because they only really target Marijuana users, which are the least problematic of all drug users, and the safest drug that someone can use recreationally.  This is because Marijuana is the only drug which remains detectable using low-cost tests for more than a few hours or days."}
{"_id": "478168", "title": "", "text": "One snag in your plan is that you alone can't undo your HSA contributions because you would also owe FICA taxes on that amount, and those need to be paid by both you and your employer. The only way for that to happen is for your employer to undo your HSA contributions from their point of view so those wages can be entirely taxed with both FICA and regular withholding. How that is accomplished will probably be up to them. It could mean you pulling the money out of the HSA account, and then either giving it back to your employer so they can re-allocate it with a new check, or, if you have enough pay due between now and the end of the year you could keep the money and they can reduce your next paycheck(s) by the total additional taxes due. Note that you should prefer the latter if possible, since this way you would get to keep the $1000 you shouldn't have gotten in the first place. Also, note that when you withdraw the money from your HSA account you need to inform your bank that you are undoing the contributions rather than taking distributions (and likely fill out a form). If you don't inform them they will improperly report to the IRS that you had contributions and an equal amount of distributions, which could muddy the waters with also having an FSA."}
{"_id": "478174", "title": "", "text": "Then I'll cite it as the last paragraph of step 3 in getting started. He says everything is insider trading and that's bullshit; if he had any interest in giving real advice he would define insider trading as trading with material, non-public information as it says in all the statutes.  It's the same meaningless nonsense as the paragraph before that, where he says good investors don't time the market but know when to get in and get out. Those are the same things at the level he has described them; it would take a book with actual investing advice like Ben Graham's The Intelligent Investor or A Random Walk Down Wall Street for an actual view into investment."}
{"_id": "478181", "title": "", "text": "Sharp Pharma Machinery Offers Pesticides Filling Machines to worldwide clients. We are leading manufacturer, supplier, exporter of Pesticides Filling Machines, Automatic Pesticides Bottle Filling Machine, Automatic Pesticides Liquid Filling Machine.  For more information regarding Liquid filling machine, contact us at http://www.liquidfillingline.com/  Plot No. 76, G.I.D.C., Kalol - 382721, North Gujarat, India Phone: +91 - 7600167600 For, inquiries - info@sharppharma.com"}
{"_id": "478186", "title": "", "text": "Having separate savings account for your kids college fund, retirement fund, holiday fund etc is one way to compartmentalise savings. Downside to this is the management of these funds especially if you have them with different banks. Like others here have pointed out, keeping track via spreadsheet is relatively easy and especially most banks now like OCBC, HSBC , DBS, POSB etc offer online banking, however from a financial standpoint, spreading your funds doesn't allow you to get as much interest as you would from one account that has the highest interest rate."}
{"_id": "478195", "title": "", "text": "My state (Oregon) doesn't give me credit for all the federal taxes I pay so I get taxed by the state for money I never received. Now both will, fun. With this policy it would be worth it to move my family to a red state and start turning it blue."}
{"_id": "478203", "title": "", "text": "It may not be an ideal option, but you could use an HSA as a tax-sheltered investment vehicle.   The contribution limit is only $3,350 for an individual and $6,650 for a family in 2015 (plus $1K if you're 55+), so you're only making up a small portion of the 401(k) limit.  Also, you (and a family member to get the higher contribution limit) have to be covered by a qualifying high-deductible health insurance plan (HDHP) to be eligible to make HSA contributions.  As such, it may not be the best option if you regularly incur significant medical expenses.  And in many cases, the investment fees in an HSA are higher than you would find in a 401(k) or IRA. The investment choices can be limited, so it is important to research the options before selecting a provider. All that being said, the contributions and growth are both tax-deferred (tax-free if you use it for healthcare). Then at age 65 or Medicare eligibility you can withdraw the funds without penalty and pay only income tax, even if they are not used toward healthcare expenses."}
{"_id": "478205", "title": "", "text": "You're missing the point entirely. Minimum wage was created to force employers to pay a wage that is not commensurate with services rendered (otherwise legislation is not needed).  The people hurt by this are the people who are otherwise unqualified for the wage commensurate with skill and education (direct result of government run schools). Skilled workers aren't affected in terms of employment opportunity only, but they are punished by the inflation caused by the arbitrary rate of a minimum wage.  That FDR quote is a great example of fascism. Great touch."}
{"_id": "478213", "title": "", "text": "\"My spouse will only be entering medical school within 2 years at the earliest, and will likely be there for about 4-5 years. If she get's into the school she wants we would not have to move This is probably the biggest return on investment that you can get.  Sure, you could invest what you have in the market and take out tens or hundreds of thousands of dollars on \"\"cheap\"\" medical school loans, but consider this: Figure out how much you need for all 4-5 years, and develop a plan to make sure you can cash-flow the entire education.   Bootstrapping a software company has potential for high rewards, but a much greater risk.  you could get 10X back or you could lose it all.  With your income, you've got plenty of time to save for college, so I don't see that as a huge win now.  I would also dump the lease - you can probably get a much better car for $16k that the five-year old one you have when the lease is up. (or get a similar car for less money).  With no debt and a good income you do not need a credit score. The lease probably didn't help it that much anyways - you're paying more for the lease than any benefit you would get by a higher score.\""}
{"_id": "478216", "title": "", "text": "This thing actually does exist (in a slightly different form): https://turo.com/  I used to rent out my car that way, but people seem to expect that you're a rental car company, when you aren't. It's annoying to have your car left particularly dirty or broken."}
{"_id": "478221", "title": "", "text": "\"If it is true that for the same price, you could get a better place (or that for a lower price you could get an equivalent place), you should do some soul-searching to decide what monetary value you would place on the hassle of moving to such an alternative.  You should then negotiate aggressively for a rent that is no more than the rent of the alternative place plus your hassle costs, and if the landlord does not meet your price, you should refuse to renew your lease, and instead move out to an alternative.  (Of course, you might also want to double-check your research to ensure you really can get such a good alternative, and that your new landlords won't try a similar bait-and-switch and force you to move again in a year.) Barring local ordinances such as rent control laws, I don't think it's worth it to worry about whether the increase is \"\"normal\"\".  If you can get a better deal somewhere else, then what your landlords are asking is too much.  If you have a good relationship with them on a personal level you may be able to tell them this in a nice way and thus get them to make a more reasonable offer.  Otherwise, the landlords will learn that their expectations are unreasonable when all their tenants move out to cheaper places.\""}
{"_id": "478222", "title": "", "text": "They are competitors, but they have the same investors for both companies. It's what happened with Circuit City and Best Buy. Owned by the same parent firm, they strategically placed stores near each other and created fake competition by labeling the same item in each store as a different price, sometimes CC would have cheaper software but Best Buy always had the cheaper high end tech/appliances. So ultimately it was a giant smoke and mirrors cash grab on the part of the CEOs and major investors to create fake competition so they could have more profit.  The same shit is happening with LG and Samsung."}
{"_id": "478223", "title": "", "text": "As in make a value contribution, this particular law has never once been applied to information (which has no tangible value). Its only bearing in case law is on monetary contribution. I might also add, there is no evidence that any contribution, either money, information, or otherwise was passed between the provincial Russian DA and the Trump campaign.  Bearing that in mind, how exactly do you feel the Russian government influenced the election, and what exactly do you feel was the Trump campaigns role?"}
{"_id": "478230", "title": "", "text": "Sorry to hear about your difficult circumstances. Secured Credit Card You may want to suggest a secured credit card. These are credit cards that are backed by a deposit that she would place with the credit issuer. The card issuer provides a line of credit backed by the deposit, with a credit limit not greater than the deposit. In this way, the card issuer is not putting any of their own money at risk. These cards are often used by students or high-risk borrowers to establish credit, and function like a normal credit card. This may be a good option for her to establish a history of handling credit responsibly. Given all of the activity you described, it's very likely the process of rehabilitating her credit will take a number of years. I would strongly recommend that you not assist her in placing the deposit for a secured credit card. If she can't put aside enough money for a deposit (often $500 or less), it's unlikely she'll be able to set aside the money to pay her card statements each month. Best of luck - I hope things work out well."}
{"_id": "478240", "title": "", "text": "\"I am a huge Net Neutrality advocate and I too didn't have any issue with the \"\"Free Basics\"\" program itself. As a business Facebook should be free to market any product they choose that they feel will advance the business. However I disagree vehemently with their ability to market it as \"\"internet\"\" access. This was an attempt to build another AOL not offer free/low cost internet access to burgeoning markets.\""}
{"_id": "478242", "title": "", "text": "At twenty-two, you can have anywhere between 100%-70% of your securities portfolio in equities. It is reasonable to start at 100% and reduce over time.  The one thing that I would mention with that is that your target at retirement should be 70% stocks/30% bonds.  You should NEVER have more than 30% bonds.  Why?  Because a 70/30 mix is both safer than 100% bonds and will give a higher return.  Absent some market timing strategy (which as an amateur investor, you should absolutely avoid) or some complicated balancing scheme, there is never a reason to be at more than 30% bonds.   A 50/50 mix of stocks and bonds or a 100% bonds ratio not only returns less than the 70/30 mix, it is actually riskier.  Why?  Because sometimes bonds fall.  And when they do, stocks generally gain.  And vice versa.  Because of this behavior, the 70/30 mix is less likely to fall than 50% or 100% bonds.   Does that mean that your stock percentage should never drop below 70%?  No.  If your portfolio contains things other than stocks and bonds, it is reasonable for stocks to fall below 70%.  The problem is that when you drop stocks below 70%, you should drop bonds below 30% as well.  So you keep the stock to bond ratio at 7:3.   If you want to get a lower risk than a 70/30 mix, then you should move into cash equivalents.  Cash equivalents are actually safer than stocks and bonds either individually or in combination.  But at twenty-two, you don't really need more safety.   At twenty-two, the first thing to do is to build your emergency fund.  This should be able to handle six months of expenses without income.  I recommend making it equal to six months of your income.  The reason being that it is easy to calculate your income and difficult to be sure of expenses.  Also, you can save six months of income at twenty-two.   Are you going to stay where you are for the next five years?  At twenty-two, the answer is almost certainly no.  But the standard is the five year time frame.  If you want a bigger place or one that is closer to work, then no.  If you stay somewhere at least five years, then it is likely that the advantages to owning rather than renting will outweigh the costs of switching houses.  Less than five years, the reverse is true.  So you should probably rent now.   You can max out your 401k and IRA now.  Doing so even with a conservative strategy will produce big returns by sixty-seven.  And perhaps more importantly, it helps keep your spending down.  The less you do spend, the less you will feel that you need to spend.   Once you fill your emergency fund, start building savings for a house.  I would consider putting them in a Real Estate Investment Trust (REIT).  A REIT will tend to track real estate.  Since you want to buy real estate with the results, this is its own kind of safety.  It fell in value?  Houses are probably cheap.  Houses increasing in price rapidly?  A REIT is probably growing by leaps and bounds.  You do this outside your retirement accounts, as you want to be able to access it without penalty."}
{"_id": "478250", "title": "", "text": "It will also make a huge dent on services like Instacart who pick up and deliver from local groceries. If people continue to order from these services, Amazon still profits, or if they use Amazon's service, then they double down. R"}
{"_id": "478259", "title": "", "text": "The mechanisms are also heavily influenced by sociopaths who are enamored with the power that comes with wealth. Sadly those who have gained tremendous wealth and prosperity and want to give back by providing opportunity for others less fortunate are very much in the minority. Others are just selfish douchebags that believe in the commoditization of things like health care, for example, when they, themselves, benefit from having the best health care afforded to them under different terms.   On another note, it's difficult to regulate free enterprise. Despite my observations in the preceding paragraph, I actually appreciate both sides of this issue. If you've earned your money through your own blood, sweat, and tears, who am I to tell you what to do with your money?   With that said, there are no simple answers. I go back to those whose greed and selfish personas that are the real issue. Capitalism isn't without its flaws. But when you combine it with d-bag motivation, you create a monopoly on wealth supported by d-bag policies and practices: golden parachutes, imbalanced compensation models, corporate money in politics, and many other things that are explicitly designed to preserve the wealth for the wealthy.   In conclusion, this really isn't about an economic model as it is about the motivations of sociopathic d-bags who can't be bothered to think of anyone but themselves. These people give a bad name to others who are wealthy and get unfairly lopped into the stereotypes that are most commonly associated with those of great wealth and prosperity."}
{"_id": "478266", "title": "", "text": "You question is very hard to answer as it is tough to put a value on how much bad your added investment in evil companies would cause and also how much value the charities add.  However, there has been a bunch of really good work on socially responsible investing in general.  This paper might be too technical for some but the conclusion section is very readable and clear. The big worry about socially responsible investing from a financial standpoint is that it will lower returns in the long run.  The paper above and others show fairly clearly that as long as you only exclude a few classes of stocks and still have a fairly broad base that the expected returns are similar.  The main issue though is some socially responsible funds have much higher fees. So the usual advice applies, do your research to make sure your investments are well diversified and have low fees.   As long as the index is fairly broad you can consider the difference between the fees on the socially responsible index and investing in a more common index as the long run cost.  Then you can balance that cost and having more money for charity against the benefits of not investing in evil companies."}
{"_id": "478269", "title": "", "text": "&gt;Big deal in all they made around 85 billion dollars off subprime loans.  Source? I would estimate they've lost more than $50B on subprime loans and much more indirectly from subprime (they're stock dropped 90% due to the crisis) and they've paid out more than $50B in subprime related penalties to the government. I don't think I could find a single intelligent well-researched person who would say subprime has been profitable for the banks, it's clearly counter to all evidence.  Why are there so many communists in this sub?"}
{"_id": "478290", "title": "", "text": "Online buying is a most top-rated preference in these days. Most of the humans are shopping for more than one products thru on-line option.  It lets you live in contemporary life-style and get unique deals for purchasing items. If you are searching for fine on-line purchasing, then test their rankings.  Huge numbers of humans are inquisitive about latest mobile phones, so a number of portals also expanded now.  Sellers are listing gadgets within the not unusual net portal.  You need to view in the event that they supply right product on the specified time to the purchaser. Find the reviews of supplier which provide a few concept to choose ideal supplier for on-line buying."}
{"_id": "478291", "title": "", "text": "\"In the US, dividends are presently taxed at the same rates as capital gains, however selling stock could lead to less tax owed for the same amount of cash raised, because you are getting a return of basis or can elect to engage in a \"\"loss harvesting\"\" strategy.  So to reply to the title question specifically, there are more tax \"\"benefits\"\" to selling stock to raise income versus receiving dividends.  You have precise control of the realization of gains.    However, the reason dividends (or dividend funds) are used for retirement income is for matching cash flow to expenses and preventing a liquidity crunch.  One feature of retirement is that you're not working to earn a salary, yet you still have daily living expenses.   Dividends are stable and more predictable than capital gains, and generate cash generally quarterly.  While companies can reduce or suspend their dividend, you can generally budget for your portfolio to put a reliable amount of cash in your pocket on schedule.  If you rely on selling shares quarterly for retirement living expenses, what would you have done (or how much of the total position would you have needed to sell) in order to eat during a decline in the market such as in 2007-2008?\""}
{"_id": "478295", "title": "", "text": "Walmart has really retarded rules already. If your truck is late 5 mins, you need to wait 24 hours to get de-loaded. And on top of that,  they take in the worst produce available. What every other grocery store rejects, they take."}
{"_id": "478298", "title": "", "text": "Came to post this article hoping to elicit this response. They really put out some turds sometimes. I appreciate the offbeat Econ news... But this is buzzfeed quality. I mean so bad that I would take the time to try and post it, then come here and write this whole comment.   Arrrm mah gawd incredibly low skill manufacturing jobs left the country because of an attempt to not be protectionist. So baaaaddddd. It's not about economic and technological progress. It's not about the modernization of mexico's rural farming ranching economy. Could say so much more but it reached that point where it's not worth it"}
{"_id": "478302", "title": "", "text": "\"You're refuting his point about a known disadvantaged minority with county level data... Compare the people. The whole 4th paragraph of my previous reply.  You convince someone that \"\"a known disadvantaged minority\"\" is a misnomer by citing individual level data. Instead you cite county level data.  Have a beer and relax a little; you're arguing with stranger on the internet not setting actual policy. Cheers!\""}
{"_id": "478326", "title": "", "text": "I'd really like to have a discussion around this, if people have another opinion, like that the derivatives market is actually correct and that we don't need to change it, I'd really like to hear your arguments.   I'm really curious about this, I'd really like to know what motivates someone (other than pure greed) to say that the actual state of the markets are OK."}
{"_id": "478330", "title": "", "text": "\"Building on the excellent explanation by \"\"Miichael Kj\u00f6rling\"\": Why would you rather \"\"term deposit\"\" your money in a bank and only earn interest of certain percentage but not not invest in stocks / real state and other opportunities where you will not only earn much higher dividends / profit but will have an opportunity for capital gains, multiple times like Apple's last 4 years(AAPL) ?? This is all down to risk / reward and risk taking.  More risk             = More profit opportunities / More Losses ( More Headache) Less risk(Govt BONDS) = Less profit / Less Losses (peace of mind)\""}
{"_id": "478339", "title": "", "text": "I have a discounted cash flow that's monthly.  My annualized discount rate is 8%.    1)What is the formula to turn the annualized rate into a monthly rate?  2)What is the formula to find out the NPV of monthly cash flows?   For example, if I get $1000, $2000, and $3000 in months 1, 2, and 3, how do I calculate how much each of those are equal to as a present value if the annual discount rate is 8%?"}
{"_id": "478359", "title": "", "text": "first off..... That sounds so cool man!. I dont know much about your niche... but I do know that without proper knowledge in selling in persuasion, you'll never experience the success you deserve... I recommend  watching videos, reading books on influencing and persuasion.. Trust me.... You will see how easy it can be when creating a following. I can share a link to a site where they give free tips. just let me know if you'd be interested... (don't like just throwing links... seems weird lol)"}
{"_id": "478366", "title": "", "text": "It looks awesome and I wish that I had one.  There's the risk that they're losing money on the product, hoping to make it up when they sell enough units due to economies of scale. CNC units without touch screens and fancy alignment cameras cost 2k. If they don't sell enough units in time, maybe they'll have to close shop?  I worry that businesses that go to Kickstarter to get money might be doing it because everyone else that looked at their business plan turned them down. That's not always the case, of course."}
{"_id": "478388", "title": "", "text": "You have a standard deduction of $12,600 (Married filing joint, MFJ) plus $8000 in exemptions. A total of $20,600 off the top. In other words, just under $10,000 taxable unless you have other income you haven't disclosed. For MFJ, you are at the 10% bracket up to $18,450 in taxable income.  I would withdraw just enough to 'top off' the 10% bracket each year, whether or not you send it to pay down the card. You don't disclose the rate, but if you are able take a low interest loan to get to a sub 5% interest rate, I'd do that."}
{"_id": "478403", "title": "", "text": "\"I think this needs a name. Butthurt by proxy, maybe?  Perhaps it was pedantic, but the misquote doesn't help an otherwise good comment. Of course, the OP could have been aiming to create a new euphemism for ironic self-destruction, in which case \"\"hung from their own gallows\"\" might have been better.\""}
{"_id": "478408", "title": "", "text": "\"My employer decided to pay my salary in India after I submit a form W-8BEN. This means that the wages / salary is deemed accrued for work from India. Hence your employer need not withhold and pay taxes on this wage in US. Is this payment taxable in the States since I am staying outside of States? Should I declare this income to IRS in case if I go back to the States later this year? No tax is due as the work is done outside on US. If you go back this would be similar to as you had gone first. Depending on your \"\"tax residency status\"\" you would have to declare all assets. If my US employer wires my US salary to my NRE account is that taxable in India? This is still taxable in India. It is advised that you have the funds transferred into a regular savings account. Please note you have to pay taxes in advance as per prescribed due dates in Sept, Dec, March. how does the Indian tax man identify if it is a taxable income and not just the regular remittance. This question is off topic here. Whether income taxes finds out about this is irrelevant. By law one is required to pay taxes on income earned in India.\""}
{"_id": "478409", "title": "", "text": "You should simply withdraw the excess contributions by April 15. You have until October 15 if you go through the extra step of filing an amended tax return.  https://investor.vanguard.com/ira/excess-contribution It unnecessary for you to pay the 6% penalty. You should wait until you can estimate your 2016 accurately before making your 2016 contribution. If your income is too high for the Roth IRA, you might instead pursue the backdoor Roth IRA strategy:  https://www.bogleheads.org/wiki/Backdoor_Roth_IRA"}
{"_id": "478413", "title": "", "text": "Personally, I'd use my emergency fund first. It is unlikely (though possible, of course) that I will entirely lose my income at the same time I need to replace my roof or my furnace. I'd rather pay my emergency fund back with installment payments than pay off a HELOC to my bank. The lost interest on my emergency fund, which, after all, should be in cash, is much less than the cost of the loan. I could even set up an amortization schedule in a spreadsheet and charge myself interest when paying back into the emergency fund. That said, if I didn't have the cash in my emergency fund, I'd rather borrow against the house than finance with a contractor. If they'd even do that, which is unlikely--I've never dealt with a roofer or heating contractor that required anything but full payment at time of service. Home equity borrowing is generally the cheapest kind. I'm firmly in the camp of those who look at home ownership as a consumption decision rather than an investment. If the value goes up, great, but I just build in about 1% of the cost of building a new house (excluding the land price) into the housing budget each year, right along with mortgage interest, property taxes and basic utilities. Usually, that's enough to cover the major wear-and-tear related repairs (averaged over 3-5 year periods, anyway)."}
{"_id": "478421", "title": "", "text": "\"I have a different perspective. I believe the move to Roth may be beneficial to a select few, but not most, people. I coined the phrase RothMania as I believe that's what's happening. A relatively uninformed move based on fear and not enough analysis.  Let's look at a retiree today. A Couple has a $11,400 standard deduction, and 2 exemptions worth $3650 each. This is $18,700 they can withdraw tax free. It would take pretax savings of $467K to support this withdrawal at 4%/yr.  The 10% bracket is the next $16,700 of taxable income or another $417K in assets to produce this annual withdrawal. Last, for today, the 15% bracket is the next $51,250 which would require $1.28M to produce.  The punchline? Today's retiree (couple) can have over $2.1M in pretax money (this includes pension value if any, of course), and still be in the 15% bracket.  If you can't deposit to a Roth, you are in the 28% bracket now or higher. Are you on track to have over $2M in today's dollars at retirement?  One point that few mention is there are not just the two endpoints. Today's tax rate vs retirement tax rate. Every year offers a situation where your income may drop. A job loss. A spouse staying home with a new child. A disability. A year back at school.  These are the years that you might convert to Roth, just enough to fill your bracket back to your average prior rate. e.g. convert to a taxable income of exactly $137,300, and pay a marginal rate of 25%.  I'll be the first to congratulate those who tell me they have a defined benefit pension that will replace their income to such a level, that with their investments, they are retiring at a higher income level than while working. Roth is the answer for them.  Roth is great for the 80 yr old woman I help. 10 years ago, I observed her marginal rate to be 15%, and we convert just enough to put her at the top of that bracket, this year $34,000 in taxable income. This helps slow down the effect of her RMDs (required minimum distributions) continuing to rise and potentially put her in the 25% bracket.  So, to be clear, I'm not anti-Roth, I'm just in favor of a thorough analysis and avoiding the \"\"Roth for everyone\"\" mentality.  Edit - I was asked by a financial writer Kay Bell to write on this very topic, and appear on her site in a guest post Roth IRAs and your retirement income. It goes into greater detail than I could offer here. Tell Kay Joe sent you.\""}
{"_id": "478424", "title": "", "text": "\"In China, people are using Litecoin and Bitcoin to circumvent capital controls. OKCoin, Huobi are the biggest exchanges of smart money. Disclaimer: This is not advice, this is the answer. On a question and answer site. The exchange rate of smart money is very volatile. You will experience very brief exposure to those networks. Although Litecoin is popular for speculation in China, Bitcoin gives you and your trading partners the most flexibility, as the United States does not have robust and liquid exchanges for Litecoin, only Bitcoin. You buy smart money on one of the exchanges in China, you send all of it to an exchange in the United States, you sell all of it on that exchange for USD. If it isn't clear, smart money's flexibility comes the fact that it doesn't use banks to work/exist and can be transferred to valid \"\"addresses\"\" over the internet.  Current regulated, liquid and FDIC insured US exchanges are Coinbase and Circle. Other exchanges use private insurance, such as Bitstamp and Coinsetter.  So in the course of 30 minutes you should have converted all of your funds from Yuan back to stable US dollars in a regulated and insured US banking account. To make it usuable for goods and services you need to transfer it out of the exchange to a US bank account. This has very little exposure to the bitcoin or litecoin network. You don't need any friends or mules for this. The Chinese government has issued many many circulars on smart money such as Litecoin and Bitcoin, so it is hard to keep up, because they have made half hearted efforts to prevent banks from directly servicing those networks, while retaining the legality of their operations within China (Party members have been waiting for ways to get their wealth out of the country too without risk of blowback!). So you will need to see what hoops you need to jump through to move your funds to one of those exchanges to begin with. This is faster and only uses one transaction instead of broken up ones and there are no tax consequences for sending money to yourself.\""}
{"_id": "478426", "title": "", "text": "In some states there are significantly higher automobile insurance costs and higher coverage requirements for vehicles that have a lien on them.  I suspect this is not your scenario, or you probably would not be considering holding the loan open.  But it is something to consider. If you live in a state where insurance coverage and costs depend on a clear title, I would certainly recommend closing the loan as soon as possible."}
{"_id": "478452", "title": "", "text": "Yes, and ..  how that _prevents_, abolishes, negates or in any way opposes what I've claimed? Markets are dynamic systems (they are after all multi-player non-cooperative non-zero-sum games), and as such they can have attractors (stable closed loops toward which the trajectory of (the state of the) system progresses, and if enters into, formally can't escape, since they are closed loops). Thus intervention is usually needed to *maintain* competition, which is called regulation.  Regulatory capture, abuse of regulations, abuse of regulatory power, and so on are problems in the greater model (in politics), where constant input sort of guarantees that it has no (stable) attractors, because as long people exist, at least some of them will have a habit of revolting.  The question is, is there a more efficient way to ensure existence of markets and ensure competition on them? And maybe some sort of anarchism is the answer, but sadly we're not doing enough experiments and research into that."}
{"_id": "478457", "title": "", "text": "Liquidity Say you have $50k in student loan debt.  You come into a large amount of money and throw $10k at it.  Yes, it's now down to $40k, saving you a lot of money in interest over the long run, but it's money you can no longer 'use'. Now if you invest that same $10k instead, you still potentially have access to it if needed. Paying $10k towards a debt at a 5% interest rate has essentially the same rate of return as investing the $10k at a 5% return.  You're 'making' the same amount of money either way.  But if you say, get laid off or need money for medical expenses or a down payment on a house, you can tap into that $10k investment if needed.  It is a liquid asset."}
{"_id": "478461", "title": "", "text": "\"No. That's pretty unlikely. Card issuers typically base your rate on your credit score. Paying down debt reduces your percent of available credit used, and improves your score until you are in the 1-20% range. That's optimum. To this issuer, you are one of a million customers, there's no emotion in this, just numbers to them. For what it's worth, if a card issuer raises your rate, you are permitted to \"\"not accept\"\" the rate, stop using the card for new charges, and pay at the current rate. Of course this doesn't apply to zero interest deals, only to increases to your regular rate.\""}
{"_id": "478469", "title": "", "text": "Power Options is one such example of what you seek, not cheap, but one good trade will recover a year's fee.  There's a lot you can do with the stock price alone as most options pricing will follow Black Scholes.  Keep in mind, this is a niche, these questions, while interesting to me, generate little response here."}
{"_id": "478480", "title": "", "text": "Rate of return is (Current value - initial value) divided by initial value. Buy $10,000 worth of put options and sell them for $15,000, and your rate of return is 0.5, or 50%."}
{"_id": "478496", "title": "", "text": "I feel like it's a valid question, people might think you're showing off or something. I'm a bit jelly myself. IMO, having a positive track record isn't convincing enough. It all comes down to if you have the confidence to maintain it. I think try doing it part time is a good idea."}
{"_id": "478500", "title": "", "text": "Eh, marginal taxation makes that latter effect fairly weak. And unemployment is hardly a competitive option in the long term. As for welfare cliffs - sure, they crop up but can hardly be expected to account for a major lack of labor supply, at least not to the extent that we shouldn't suspect that wages are below the market clearing rate."}
{"_id": "478509", "title": "", "text": "Adding international bonds to an individual investor's portfolio is a controversial subject.  On top of the standard risks of bonds you are adding country specific risk, currency risk and diversifying your individual company risk.  In theory many of these risks should be rewarded but the data are noisy at best and adding risk like developed currency risk may not be rewarded at all. Also, most of the risk and diversification mentioned above are already added by international stocks.  Depending on your home country adding international or emerging market stock etfs only add a few extra bps of fees while international bond etfs can add 30-100bps of fees over their domestic versions.  This is a fairly high bar for adding this type of diversification.  US bonds for foreign investors are a possible exception to the high fees though the government's bonds yield little. If your home currency (or currency union) does not have a deep bond market and/or bonds make up most of your portfolio it is probably worth diversifying a chunk of your bond exposure internationally.  Otherwise, you can get most of the diversification much more cheaply by just using international stocks."}
{"_id": "478514", "title": "", "text": "\"I believe no-one who's in a legal line of business would tell you to default voluntarily on your obligations. Once you get an offer that's too good to be true, and for which you have to do something that is either illegal or very damaging to you - it is probably a scam. Also, if someone requires you to send any money without a prior written agreement - its probably a scam as well, especially in such a delicate matter as finances. Your friend now should also be worried about identity theft as he voluntary gave tons of personal information to these people. Bottom line - if it walks like a duck, talks like a duck and looks like a duck, it is probably a duck. Your friend had all the warning signs other than a huge neon light saying \"\"Scam\"\" pointing at these people, and he still went through it. For real debt consolidation companies, research well: online reviews, BBB ratings and reviews, time in business, etc. If you can't find any - don't deal with them. Also, if you get promises for debtors to out of the blue give up on some of their money - its a sign of a scam. Why would debtors reduce the debt by 60%? He's paying, he can pay, he is not on the way to bankruptcy (or is he?)? Why did he do it to begin with?\""}
{"_id": "478539", "title": "", "text": "Hours appear to be relatively consistent, at least in my experience.  Analysts (all levels) have much more flexible schedules and travel much more but are responsible for more information/responsibility.  The difference is that associates do the grunt work with models/writing and analysts provide more direction/fine tuning and interact with clients more(they're on the phone half the time from 7-4 every day). Its generally not night work but if a company announces earnings after market close and then has an evening conference call, we need to have the report out by the next morning well before the market opens, so yeah sometimes it can get pretty late."}
{"_id": "478553", "title": "", "text": "The problem is the rich and powerful will harness whatever mechanisms you put in place.  If we're just supposed to handle all our problems through the court system instead of government you still win up with the rich wielding most of the power by way of their money.      The rich and powerful stay powerful now because they've already amassed most of the planets wealth in a relative handful of people. You can remove all the regulations you want and that won't significantly change the general distribution of wealth. You're simply further entrenching their wealth by removing what scant leverage the common man still has against the 1%."}
{"_id": "478559", "title": "", "text": "This will be unpopular but no. Limiting liability is very important in many industries. Think of it this way - if doctors screw up, they face malpractice. However, if we decide that instead, doctors should face jail time, who would want to become a doctor? But we need doctors, so we limit their liability. Likewise, if investors or c level executives are held accountable with jail time instead of fines, who would want to invest in businesses?"}
{"_id": "478600", "title": "", "text": "\"The tax comes when you close the position. If the option expires worthless it's as if you bought it back for $0. There's a short-term capital gain for the difference between your short-sale price and your buyback price on the option. I believe the capital gain is always short-term because short sales are treated as short-term even if you hold them open more than one year. If the option is exercised (calling away your stock) then you add the premium to your sale price on the stock and then compute the capital gain. So in this case you can end up treating the premium as a long-term capital gain. See IRS pub 550 http://www.irs.gov/publications/p550/ch04.html#en_US_2010_publink100010619 Search for \"\"Writers of puts and calls\"\"\""}
{"_id": "478617", "title": "", "text": "My bank did fine the first couple years of handling my escrow, then out of the blue, totally messed it up and cost me a lot of time straightening it all out with them as well as straightening out with my taxing authority.  I told them to send me the balance of the escrow and cancel it, that I would handle it from then on and they did.  There was a qualification that I met, I just can't remember what that was. I too have a lot of equity and was never late on a payment.  I also manage it via direct deposit from my paychecks into interest bearing accounts."}
{"_id": "478628", "title": "", "text": "\"Who knows, maybe the small-scale store will manage to come back as a kind of \"\"pick-up\"\" hub for merchandise bought online. Want to sell on-line? Sign up for our new \"\"preview shipping\"\" service where we weigh, photograph, authenticate, and track your purchase so that if your customer bitches about it being non-functioning or a knock-off, you're covered!\"\"\""}
{"_id": "478630", "title": "", "text": "Why does it seem so many companies lose so much money before going out of business?  If the reason for a company being there is gone, why not just wind it down?  If I were a shareholder, I'd want management to make as much money as they can out of their declining business and return that money to shareholders so they can invest in new companies that are digital-native."}
{"_id": "478696", "title": "", "text": "Did you read the article?  Microsoft is recommending that the US government put that 10k per visa straight back into STEM education funding to produce more qualified graduates. Microsoft needs more qualified workers **now**, not in 3-5 years. The solution they're proposing is to increase the H-1B cap for now, charge $10k per visa, then invest that money into STEM education today so that there will be enough US graduates in 5 years."}
{"_id": "478710", "title": "", "text": "\"You can find out the most money they will loan you for a car loan when you approach your current bank/credit union. They should be willing to layout options based on your income, and credit history. You then have to decide if those terms work for you. There are several dangers with getting loan estimates, they may be willing to lend you more than you can actually handle. They think you can afford it, but maybe you can't. They may also have a loan with a longer term, which does bring the monthly cost down, but exposes you to being upside down on the loan. You then use this a a data point when looking at other lenders. The last place you look is the auto dealer. They will be trying to pressure you on both the loan and the price, that is not the time to do doing complex mental calculations. The Suntrust web page was interesting, it included the quote: The lowest rate in each range is for LightStream's unsecured auto loan   product and requires that you have an excellent credit profile. It also induced the example the rate of 2.19% - 4.24%   for a 24 to 36 month loan of $10,000 to $24,999 for a used car purchased from a dealer. Also note that my local credit union has a new/used loan at 1.49%, but you have to be a member. Sunstrust seems to be in the minority. In general a loan for X$ and y months will have a lower rate if it is secured with collateral.  But Suntrust is offering unsecured loans (i.e. no collateral) at a low rate. The big benefit for their product is that you get the cash today. You can get the cash before you know what you want to buy. You get the cash before you have negotiated with the dealer. That makes that step easier. Now will they in the near future ask for proof you bought a car with the money? no idea. If you went to the same web page and wanted a debt consolidation loan the rate for the same $ range and the same months is: 5.49% - 11.24% the quote now changes to: The lowest rate in each range requires that you have an excellent   credit profile. I have no idea what rate they will actually approve you for. It is possible that if you don't have excellent credit the rate rises quickly, but 4.24% for the worst auto loan is better than 5.49% for the best debt consolidation. Excellent Credit Given the unique nature of each individual\u2019s credit situation,   LightStream believes there is no single definition for \"\"excellent   credit\"\". However, we find individuals with excellent credit usually   share the following characteristics: Finally, it should be noted again that each individual situation is   different and that we make our credit judgment based on the specific   facts of that situation. Ultimately our determination of excellent   credit is based on whether we conclude that there is a very high   likelihood that our loan will be repaid in a full and timely manner. All the rates mentioned in this answer are from 15 July 2017.\""}
{"_id": "478711", "title": "", "text": "As I tell all my clients... remember WHY you are investing in the first. Make a plan and stick to it. Find a strategy and perfect it.  A profit is not a profit until you take it. the same goes with a loss. You never loose till you sell for less than what you paid.  Stop jumping for one market to the next, find one strategy that works for you. Making money in the stock market is easy when you perfect your trading strategy. As for your questions: Precious metal... Buying or selling look for the trends and time frame for your desired holdings. Foreign investments... They have problem in their economy just as we do, if you know someone that specializes in that... good for you. Bonds and CD are not investments in my opinion... I look at them as parking lots for your cash. At this moment in time with the devaluation of the US dollar and inflation both killing any returns even the best bonds are giving out I see no point in them at this time. There are so many ways to easily and safely make money here in our stock market why look elsewhere.  Find a strategy and perfect it, make a plan and stick to it. As for me I love Dividend Capturing and Dividend Stocks, some of these companies have been paying out dividends for decades. Some have been increasing their payouts to their investors since Kennedy was in office."}
{"_id": "478724", "title": "", "text": "\"I think you need to define what you mean by \"\"buy currency online using some online forex trading platform\"\" ... In large Fx trades, real money [you mean actual electronic money, as there is not paper that travels these days]...   The Fx market is quite wide with all kinds of trades. There are quite a few Fx transactions that are meant for delivery. You have to pay in the currency for full amount and you get the funds electronicall credited to you in other currency [ofcouse you have an account in the other currency or you have an obligation to pay]. This type of transaction is valid in Ismalic Banking. The practise of derivaties based on this or forward contracts on this is not allowed.\""}
{"_id": "478734", "title": "", "text": "I see. It apparently does work with Time Warner but only if you already have ESPN. Every provider probably has a different deal struck with them which is why you have to log in to prove your subscription in order to get it working."}
{"_id": "478736", "title": "", "text": "There are some brokers in the US who would be happy to open an account for non-US residents, allowing you to trade stocks at NYSE and other US Exchanges. Some of them, along with some facts: DriveWealth Has support in Portuguese Website TD Ameritrade Has support in Portuguese Website Interactive Brokers Account opening is not that straightforward Website"}
{"_id": "478737", "title": "", "text": "Rent the property?? Is that a possible solution? Since selling the house is not an option and living in it isn't either, then perhaps renting it is the way to go? Since no explanation for the sister's motives is given, i'd speculate it is a mixture of emotional and financial concerns. Maybe mostly emotional. I imagine letting go of the one physical thing that has memories of you and your parents attached to it is very difficult. I don't think getting a lawyer or doing what's convenient for only your boyfriend is the way to go...But that's my own personal opinion. Clearly, he only has one close family member left alive. Creating permanent wounds in that relationship will cost more along the way. And quite frankly, if the house is owned 50-50, don't you need both owners to sign the deed to sell the house anyways? If renting is not an option, then maybe refinancing the mortgage to lower payments? Or Airbnb it only half the time? Or rent it out for events to help with payments? Or ask the sister for a little money...Not for half the mortgage, but at least a few hundred dollars to maintain the house and heat. If she is indeed concerned with the property, then maintaining it to prevent serious damagae is in her interests, no matter her income."}
{"_id": "478743", "title": "", "text": "The artichoke is eaten crude and additionally cooked, however cooking artichokes in a pot with olive oil. Like different plants in the thorn family, to which it have a place, the artichoke contains some remedially profitable oils which have a solid balancing out impact on the human digestion."}
{"_id": "478772", "title": "", "text": "Yes, that's what it means. Also, it tells you that the share price went up by $0.39 yesterday, which was an increase of 1.43% from the previous day's price, and that the total value of all of Microsoft's shares is $232.18 billion (from which we can deduce that there are a bit less than 10 billion Microsoft shares in total)."}
{"_id": "478781", "title": "", "text": "\"Yes, many banks offer such a service. Often such payments can be made through their \"\"bill pay\"\" interface. You log in to your account on the bank's website, enter the recipient's routing and account numbers, and off you go. You could ask your bank whether they offer this. If not, you could change banks to one that does.\""}
{"_id": "478802", "title": "", "text": "I gift my daughter stock worth $1000. No tax issue. She sells it for $2000, and has a taxable gain of $1000 that shows up on her return.  Yes, you need to find out the date of the gift, as that is the date you value the fund for cost basis. The $3500 isn't a concern, as the gift seems to have been given well before that. It's a long term capital gain when you sell it.  And, in a delightfully annoying aspect of our code, the dividends get added to basis each year, as you were paying tax on the dividend whether or not you actually received it. Depending on the level of dividends, your basis may very well be as high as the $6500 current value.  (pls ask if anything here needs clarification)"}
{"_id": "478807", "title": "", "text": "\"What you are describing sounds a lot like the way we handle our household budget.  This is possible, but quite difficult to do with an Excel spreadsheet.  It is much easier to do with dedicated budgeting software designed for this purpose. When choosing personal budgeting software, I've found that the available packages fall in two broad categories: Some packages take what I would call a proactive approach: You enter in your bank account balances, and assign your money into spending categories.  When you deposit your paycheck, you do the same thing: you add this money to your spending categories.  Then when you spend money, you assign it to a spending category, and the software keeps track of your category balances.  At any time, you can see both your bank balances and your spending category balances.  If you need to spend money in a category that doesn't have any more money, you'll need to move money from a different category into that one.  This approach is sometimes called the envelope system, because it resembles a digital version of putting your cash into different envelopes with different purposes.  A few examples of software in this category are You Need a Budget (YNAB), Mvelopes, and EveryDollar. Other packages take more of a reactive approach: You don't bother assigning a job to the money already in your bank account.  Instead, you just enter your monthly income and put together a spending plan.  As you spend money, you assign the transactions to a spending category, and at the end of the month, you can see what you actually spent vs. what your plan was, and try to adjust your next budget accordingly.  Software that takes this approach includes Quicken and Mint.com. I use and recommend the proactive approach, and it sounds from your question like this is the approach that you are looking for.  I've used several different budgeting software packages, and my personal recommendation is for YNAB, the software that we currently use.  I don't want this post to sound too much like a commercial, but I believe it will do everything you are looking for.   One of the great things about the proactive approach, in my opinion, is how credit card accounts are handled.  Since your spending category balances only include real money actually sitting in an account (not projected income for the month), when you spend money out of a category with your credit card, the software deducts the money from the spending category immediately, as it is already spent.  The credit card balance goes negative.  When the credit card bill comes and you pay it, this is handled in the software as an account transfer from your checking account to your credit card account.  The money in the checking account is already set aside for the purpose of paying your credit card bill. Dedicated budgeting software generally has a reconcile feature that makes verifying your bank statements very easy.  You just enter the date of your bank statement and the balance, and then the software shows you a list of the transactions that fall in those dates.  You can check each one against the transactions on the statement, editing the ones that aren't right and adding any that are missing from the software.  After everything checks out, the software marks the transactions as verified, so you can easily see what has cleared and what hasn't. Let me give you an example to clarify, in response to your comment.  This example is specific to YNAB, but other software using the same approach would work in a similar way. Let's say that you have a checking account and a credit card account.  Your checking account, named CHECKING, has $2,000 in it currently.  Your credit card currently has nothing charged on it, because you've just paid your bill and haven't used it yet this billing period.  YNAB reports the balance of your credit card account (we'll call this account CREDITCARD), as $0. Every dollar in CHECKING is assigned to a category.  For example, you've got $200 in \"\"groceries\"\", $100 in \"\"fast food\"\", $300 in \"\"rent\"\", $50 in \"\"phone\"\", $500 in \"\"emergency fund\"\", etc.  If you add up the balance of all of your categories, you'll get $2,000. Let's say that you've written a check to the grocery store for $100.  When you enter this in YNAB, you tell it the name of the store, the account that you paid with (CHECKING), and the category that the expense belongs to (groceries).  The \"\"groceries\"\" category balance will go down from $200 to $100, and the CHECKING account balance will go down from $2,000 to $1,900. Now, let's say that you've spent $10 on fast food with your credit card.  When you enter this in YNAB, you tell it the name of the restaurant, the account that you paid with (CREDITCARD), and the category that the expense belongs to (fast food).  YNAB will lower the \"\"fast food\"\" category balance from $100 to $90, and your CREDITCARD account balance will go from $0 to $-10. At this point, if you add up all the category balances, you'll get $1,890.  And if you add up your account balances, you'll also get $1,890, because CHECKING has $1,900 and CREDITCARD has $-10.  If you get your checking account bank statement at this time, the account balance of $1,900 should match the statement and you'll see the payment to the grocery store, assuming the check has cleared.  And if the credit card bill comes now, you'll see the fast food purchase and the balance of $-10. When you write a check to pay this credit card bill, you enter this in YNAB as an account transfer of $10 from CHECKING to CREDITCARD.  This transfer does not affect any of your category balances; they remain the same.  But now your CHECKING account balance is down to $1,890, and CREDITCARD is back to $0. This works just as well whether you have one checking account and one credit card, or 2 checking accounts, 2 savings accounts, and 3 credit cards.  When you want to spend some money, you look at your category balance.  If there is money in there, then the money is available to spend somewhere in one of your accounts.  Then you pick an account you want to pay with, and, looking at the account balance, if there isn't enough money in that account to pay it, you just need to move some money from another account into that one, or pick a different account.  When you pay for an expense with a credit card, the money gets deducted from the category balances immediately, and is no longer available to spend on something else.\""}
{"_id": "478811", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.vox.com/the-big-idea/2017/6/26/15872468/tesla-gm-ford-valuation-justifying-disruption) reduced by 97%. (I'm a bot) ***** &gt; It&amp;#039;s a narrative that Tesla founder Elon Musk has cultivated well as he has jumped from one underdog-disruption scenario to the next, ditching various subplots as they become more and more implausible: Electric cars! Batteries! Solar! Self-driving cars! Recently he tweeted that Tesla is about to unveil a new semi and pickups.  &gt; So is Tesla the next Honda, or the next Webvan? If one believes that Tesla is worth more than Ford or GM, one better have a decent theory of how Tesla is making current capabilities obsolete, why incumbents cannot replicate these capabilities, and whether Tesla will earn good margins in a post-Detroit world.  &gt; Tesla may demonstrate success in their EV vertical and then license their OS with self-driving capabilities - a Windows-Intel-type strategy that implies Tesla software in every automobile on the market.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6k3efu/why_tesla_is_overhyped_and_overvalued/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~154797 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Tesla**^#1 **car**^#2 **capability**^#3 **bet**^#4 **Disruption**^#5\""}
{"_id": "478817", "title": "", "text": "Actually, they'd just forego healthcare and either die when they get sick or go bankrupt.  I agree with you on the income guarantee, though.  It avoids many of the worst problems with our various government programs, particularly in regard to punishing people for starting to succeed a little."}
{"_id": "478824", "title": "", "text": "&gt; If you accept the thesis that White people are better nation builders than Black people you must accept the idea that White people and Black people are fundamentally different.  And if you accept the idea that black people are statistically better sprinters than white people, does that make you racist, too? Or just somebody who has looked at an Olympic sprinting lineup in the past ten years? If we're to be consistent, shouldn't we be enacting affirmative action in the NBA until the demographics match the general population? If not, why is that behaviour acceptable, desirable and lauded in other fields?  Maybe it's just a stupid word that a political special interest group have tried to turn into a weapon to use against anyone who doesn't pay sufficient homage to their agenda?"}
{"_id": "478832", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bbc.co.uk/news/business-40642152) reduced by 45%. (I'm a bot) ***** &gt; Growth in UK house prices has continued to slow, but the cost of the average home still increased by 4.7% in the year to May 2017.  &gt; The main contribution to the rise in house prices came from England, where prices jumped by 5%. The average price of a house in England is now &amp;pound;238,000, the ONS said, while a property in Wales costs &amp;pound;150,000 after a 3.8% increase in prices over the past 12 months.  &gt; Within England, the smallest price rise in the year to May was seen in the North East, up 1.6%, while London had the second lowest price rise of 3%. The highest price rise was 7.5% in the East, just ahead of the East Midlands where property values went up by 7.2%. &amp;quot;Richard Snook, senior economist at business services company PwC, said:&amp;quot;The figures are in line with our expectations that growth in 2017 will be around half that of 2016.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o284h/house_price_growth_continues_to_slow_in_uk/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~169772 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **price**^#1 **house**^#2 **year**^#3 **rise**^#4 **average**^#5\""}
{"_id": "478833", "title": "", "text": "Doesnt mean that equity or even debt holders wouldn't lose their investment.  Those money and banking texts are presently useless post GFC given the incredible moral hazard and how all of the traditional bankruptcy rules were ignored."}
{"_id": "478843", "title": "", "text": "Worked with a few well off Chinese, they are educated and know with all the pollution it's just a matter of time cancer rates are going to grow.  Fake or contamination food products and over all when they travel to another country they enjoy the freedom and lifestyle.  Can you blame them"}
{"_id": "478867", "title": "", "text": "The Idiot in chief has actually stepped over the edge of sanity and dragging the entire country over with him.  The damage he is doing is going to be unrecoverable, he has given over the entire economy and control of the White house over to Israeli actors and is losing democratic control to the Generals.  He is fermenting civil war and racist violence.  We might soon get a taste of martial law."}
{"_id": "478868", "title": "", "text": "\"As someone who has to clean up tech press releases into something more readable for a tech audience, I would say that the Microsoft one is better as it contains actual usable content.  The recent trend in PR to send tech press releases to tech writers and omit any of the technology from it is one of the most annoying things to have happened.  The Apple press releases (Nokia Siemens Networks etc) read like the sort of thing you send to the tabloid press, not the tech press.  The sort of people who need to know \"\"everything\"\" about tech are not being served by these content light fluff pieces.\""}
{"_id": "478873", "title": "", "text": "Oh what a crock of shit. The guy basically admits his bias in regards to being fired in that statement alone.  The government isn't afraid of Bitcoin. Anyone who thinks that they are is a fucking moron.  /u/SatyapriyaCC posts in fucking /r/conspiracy, so there you go."}
{"_id": "478890", "title": "", "text": "&gt; ...and remain profitable, they should be allowed to fail.  Agreed.  &gt; But that isn't acceptable because we need air travel.  I agree that we need air travel.  That demand should, in theory, create a pressure on the market to create a supply.  I think we'd see new airlines, with different business models, emerging to fix the problem.  It's not a quick fix... but the correct solutions rarely are."}
{"_id": "478893", "title": "", "text": "The effects of compounding inflation. Counter act by earning compounding interest on investments, aka the 8th wonder of the world. Maybe you have a family and have no money to save up? then u can't participate in compounding interest income, sorry I guess. My best advice to being rich is not being poor. (I'm a broke finance major at the moment, so I'm learning in depth of how I'm getting fucked)"}
{"_id": "478903", "title": "", "text": "I'm not gonna debate you or your roman numerals; people like you exist everywhere and are inconsequential.  I'm just surprised the other people in this sub are like-minded, like you can spit your bullshit and go unchecked here.  Maybe I shouldn't be surprised idk"}
{"_id": "478905", "title": "", "text": "\"Yes. Of course this is the response a typical Redditor would love. The Ugandan \"\"foreign minister\"\" is clearly unfit for the position, much like a typical Redditor.  It's too bad people have entirely ignorant knee-jerk reactions and attempt to make jokes, especially in situations that are anything but funny.\""}
{"_id": "478914", "title": "", "text": "Kentstruction with our many years of experience can build the Custom Home Builder Long Island of your dreams. We can help you go from the stage to the actual design, building and final moving in. Simplifying this project will ease the entire process."}
{"_id": "478922", "title": "", "text": "The expert clearly has a trust fund. Been doing 7 days a week for 2 months and been fine with it. Right up until had to pack up and keep one eye on fucking horizon for the last week watching for fire. Little tough to keep mind on work while your friends lose their homes."}
{"_id": "478930", "title": "", "text": "\"Thanks, that's what I've been thinking.  9 years C++, but haven't used it much the past two years. 5 years solid python and matlab, and a few individual projects with others (Fortran 77/90, Mathematica), plus tutorials on ruby and perl just to be familiar.   I started using SKLearn ML stuff in recent publications, and that's been nice. The group I've been most active with is the detector characterization group in my collaboration--we have a few hundred thousand channels, and are the liaisons between pure data analysis guys and the instrumentalists. Lots of data quality investigations, and implementing changes to both the data analysis pipelines (improving final results, cleaning data, vetos, etc) as well as the detector operations (adjusting controls signals and detector automation tools, etc).  That being said, my \"\"program from scratch\"\" ability is average for my peers, involving daily stack exchange searches, and with supporting so many projects for a 1000+ person collaboration I feel like I'm going to look inexperienced in interviews (\"\"yeah I could look that up.\"\" \"\"Yeah I could sit down and figure out a good way to investigate/tackle that issue.\"\" \"\"Yeah I don't have a CS degree, so I probably wouldn't pass a random upper-level undergrad CS exam....\"\")  But I measure twice and cut once, I am a deep critical thinker and learn quickly. I feel like it's cliche to say that, but it's valid.... so I'm pretty nervous about making this jump. Not really sure where to start!  Thanks for your reply :)\""}
{"_id": "478947", "title": "", "text": "We could always brake the state up into Northern Illinois, pretty much everything north of Peoria, Western Illinois, everything west of Decatur and north of Carbondale, Eastern Illinois, everything east of Decatur and north of Carbondale, and Southern Illinois, everything south of Carbondale. Then divide the debt by 1/4 and negotiate the pension obligations of each new state."}
{"_id": "478962", "title": "", "text": "I wasn\u2019t disagreeing with Trump\u2019s plan.  I never said I did.  I don\u2019t agree with Trump\u2019s methods, though.  No irony here.  I want to come up with a solution everyone can agree on.  But what I\u2019ve heard from Republicans and Democrats is a refusal to work together.  So I am trying to find solutions that bring people together.  What does Trump\u2019s agenda have to do with it?  His agenda isn\u2019t my goal set.  Edit:  Also, that link you posted was as one sided as everything else!  It was not what I am trying to accomplish!  You don\u2019t work together by ignoring criticisms and proclaiming how great you\u2019ve done."}
{"_id": "478966", "title": "", "text": "There are two different possible taxes based on various scenarios proposed by the OP or the lawyer who drew up the OP's father's will or the OP's mother.   First, there is the estate tax which is paid by the estate of the deceased, and the heirs get what is left. Most estates in the US pay no estate tax whatsoever because most estates are smaller than $5.4M lifetime gift and estate tax exemption. But, for the record, even though IRAs pass from owner to beneficiary independent of whatever the will might say about the disposition of the IRAs, the value of the deceased's IRAs is part of the estate, and if the estate is large enough that estate tax is due and there is not enough money in the rest of the estate to pay the estate tax (e.g. most of the estate value is IRA money and there are no other investments, just a bank account with a small balance), then the executor of the will can petition the probate court to claw back some of the IRA money from the IRA beneficiaries to pay the estate tax due. Second, there is income tax that the estate must pay on income received from the estate's assets, e.g. mutual fund dividends paid between the date of death and the distribution of the assets to the beneficiaries, or income from cashing in IRAs that have the estate as the beneficiary. Now, most of OP's father's estate is in IRAs which have the OP's mother as the primary beneficiary and there are no named secondary beneficiaries. Thus, by default, the estate is the IRA beneficiary should the OP's mother disclaim the IRAs as the lawyer has suggested. As @JoeTaxpayer says in a comment, if the OP's mother disclaims the IRA, then the estate must distribute all the IRA assets to the three beneficiaries by December 31 of the year in which the fifth anniversary of the death occurs. If the estate decides to do this by itself, then the distribution from the IRA to the estate is taxable income to the estate (best avoided if possible because of the high tax rates on trusts). What is commonly done is that before December 31 of the year following the year in which the death occurred, the estate (as the beneficiary) informs the IRA Custodian that the estate's beneficiaries are the surviving spouse (50%), and the two children (25% each) and requests the IRA custodian to divide the IRA assets accordingly and let each beneficiary be responsible for meeting the requirements of the 5-year rule for his/her share. Any assets not distributed in timely fashion are subject to a 50% excise tax as penalty each year until such time as these monies are actually withdrawn explicitly from the IRA (that is, the excise tax is not deducted from the remaining IRA assets; the beneficiary has to pay the excise tax out of pocket). As far as the IRS is concerned, there are no yearly distribution requirements to be met but the IRA Custodial Agreement might have its own rules, and so Publication 590b recommends discussing the distribution requirements for the 5-year rule with the IRA Custodian. The money distributed from the IRA is taxable income to the recipients. In particular, the children cannot roll the money over into another IRA so as to avoid immediate taxation; the spouse might be able to roll over the money into another IRA, but I am not sure about this; Publication 590b is very confusing on this point.   All this is assuming that the deceased passed away before well before his 70.5th birthday so that there are no issues with RMDs (the interactions of all the rules in this case is an even bigger can of worms that I will leave to someone else to explicate). On the other hand, if the OP's mother does not disclaim the IRAs, then she, as the surviving spouse, has the option of treating the inherited IRAs as her own IRAs, and she could then name her two children as the beneficiaries of the inherited IRAs when she passes away.  Of course, by the same token, she could opt to make someone else the beneficiary (e.g, her children from a previous marriage) or change her mind at any later time and make someone else the beneficiary (e.g. if she remarries, or becomes very fond of the person taking care of her in a nursing home and decides to leave all her assets to this person instead of her children, etc).  But even if such disinheritances are unlikely and the children are perfectly happy to wait to inherit till Mom passes away, as JoeTaxpayer points out, by not disclaiming the IRAs, the OP's mother can delay taking distributions from the IRAs till age 70.5, etc. which is also a good option to have. The worst scenario is for the OP's mother to not disclaim the IRAs, cash them in right away (huge income tax whack on her) or at least 50% of them, and gift the OP and his sibling half of what she withdrew (or possibly after taking into account what she had to pay in income tax on the distribution). Gift tax need not be paid by the OP's mother if she files Form 709 and reduces her lifetime combined gift and estate tax exemption, and the OP and his sibling don't owe any tax (income or otherwise) on the gift amount.  But, all that money has changed from tax-deferred assets to ordinary assets, and any additional earnings on these assets in the future will be taxable income. So, unless the OP and his sibling need the cash right away (pay off credit card debt, make a downpayment on a house, etc), this is not a good idea at all."}
{"_id": "478971", "title": "", "text": "Quite a few mores thing you do but you will discover less factor which offer you to publish your services or item in free of price is is on the internet labeled [advertising australia](http://come2ourdeals.com.au) which can be using additional and much more marketing in the world-wide-web marketing."}
{"_id": "478975", "title": "", "text": "&gt;In the simple equation of debt-to-GDP you want GDP to grow much quicker than debt.  This is similar to having your income growing quicker than your actual debt.  The answer of course is to adopt a growth-oriented fiscal stance. The opposite of austerity. Open season on deficit hawks."}
{"_id": "478980", "title": "", "text": "You should never buy anything that consumes all of your savings. First you should have 6 months living expenses in a liquid account. Second you should be investing for retirement, index funds or ETFs. The longer you have money invested the better off you'll be.  Pragmatically speaking you're better off getting the cheapest car that is reliable. Cars cost money, depreciation and money, every day you own them. However I get the urge to splurge. Get a loan, pay 2x the standard payment amount."}
{"_id": "478984", "title": "", "text": "Friend, there is a difference between following the letter of the law vs the spirit of the law.  Because something is legal doesn't make it the ethical choice.  If I'm walking behind someone and they happen to drop a $100 bill without noticing, I can certainly pick it up and put it in my pocket legally, but its hardly the moral thing to do.    Taken to the extreme, if it was legal to buy and sell slaves, I still wouldn't do it even if it provided a monetary benefit.  Or, if I drove by a person dying and bleeding on the street, it would be legal for me to drive home and do nothing (I think...not so sure as I write it).  While I agree with you that tax laws are at fault, its reprehensible to me that corporations making huge profits using the infrastructure of the region choose tax avoidance as opposed to doing what is not only right, but better in the long run for all parties.  Keep in mind that these favorable tax laws were lobbied by corporations with the intent to avoid taxes in mind.  I fully respect your perspective and you're entitled to make choices based on whether they are legal or not, but I choose to live life differently.  Best of luck."}
{"_id": "478987", "title": "", "text": "From a federal tax point of view, withdrawals from 529 plans are treated as taxable unless they are used on qualified expenses: The part of a distribution representing the amount paid or contributed   to a QTP does not have to be included in income. This is a return of   the investment in the plan. The designated beneficiary generally does not have to include in   income any earnings distributed from a QTP if the total distribution   is less than or equal to adjusted qualified education expenses   (defined under Figuring the Taxable Portion of a Distribution ,   later). [...] To determine if total distributions for the year are more or less than   the amount of qualified education expenses, you must compare the total   of all QTP distributions for the tax year to the adjusted qualified   education expenses. You'll have to include them in your income and pay normal income tax on them, and also in most cases pay an extra 10% penalty: Generally, if you receive a taxable distribution, you also must pay a   10% additional tax on the amount included in income. You'd have to check on the situation from a state perspective but I'd imagine it's quite similar. The basic point is that non-qualified distributions are treated as earnings."}
{"_id": "478997", "title": "", "text": "\"Yes I know that. Then please tell me how this article relates to business. I doubt anyone even clicked at it, it's a link to \"\"stock picks\"\" subreddit which then links to \"\"crypto\"\" trading blog. This is definitely nto business related post even if everyone is downvoting me to hell.  Sidenote: This subreddit is full of spam and almost nothing relevant to actual business can be found so this is a good moment to unsubscribe which I have just done.\""}
{"_id": "479010", "title": "", "text": "Constructing a building especially the commercial ones are very time taking task. The introduction of steel building kits has now made it possible to erect large commercial buildings without the extra cost and time loss. They have become the new revolutionary construction technology that is fast changing the face of the construction as well as commercial structures."}
{"_id": "479016", "title": "", "text": "\"I didn't say \"\"not at all available outside of work hours\"\".  I said \"\"not checking work email\"\".  If something urgent comes up at the office when I'm out where it makes more sense for someone to call me and ask for help, sure, they can call, and I'll answer if I can, or get back to them when it's reasonably convenient to do so.  I'm not going to waste my non-work hours looking for work to do, though; if it's not urgent, it waits until the next time I'm in the office.\""}
{"_id": "479018", "title": "", "text": "In my personal experience, and from potentially a lot of data... anytime people repeat something a lot commonly, especially when I hear it from primarily people that havent actually worked for the company, its probably accurate and not worth further research. Of course you sir are a truthful, honest and wise individual but nay what about that guy you dont like? Is he? Of course not! We dont even need the raw data or methodology.  Further the earth is probably flat, everything in the universe revolves around that earth, and the tide moves in tide moves out you can't explain that.  \u00af\\_(\u30c4)_/\u00af"}
{"_id": "479050", "title": "", "text": "The hard and fast rule is to pay off high interest loans first, but each individual's situation is different so there are some things to consider. Student loan interest is tax deductible up to $2,500.  Will your student loan interest exceed $2,500 for the year?  If so I would try to pay down the student loan first to bring down the total interest for the year so that you get as much interest back as possible on your tax return.  Also, it may be beneficial to pay off the car first to close that account so that you are only left with the 1 loan.  Once you have the car loan payment out of the way you can dedicate that amount to paying off the student loan. I'm in almost the same situation as you.  I currently have a mortgage and car payment.  In 6 months my grace period will be over, and my student loan payments will start.  I have $100k in student loan debt.  So I will have a $1,100 mortgage payment, $1,100 student loan payment, and $700 car payment (car loan is 0%).  I don't want to have 3 loans active so I will pay off my car loan in a 2-3 months to get that out of the way.  Then I will pay down my student loan by paying $700 extra every month."}
{"_id": "479093", "title": "", "text": "\"If a country had a genuine completely flat income tax system, then it wouldn't matter who paid the tax since it doesn't depend on the employee's other income. Since not many countries run this, it doesn't really make sense for the employee to \"\"take the burden\"\" of the tax, as opposed to merely doing the administration and paying the (probable) amount of tax at payroll, leaving the employee to use their personal tax calculation to correct the payment if necessary. Your prospective employer is probably saying that your tax calculation in Singapore is so simple they can do it for you. They may or may not need to know a lot of information about you in order to do this calculation, depending what the Singapore tax authorities say. If you're not a Singapore national, they may or may not be relying on bilateral tax agreements with your country to assert that you won't have to pay any further tax on the income in your own country. It's possible they're merely asserting that you won't owe anything else in Singapore, and in fact you will have taxes to report (even if it's just reporting to your home tax authority that you've already paid the tax). Still, for a foreign worker a guarantee you won't have to deal with the local tax authority is a good thing to have even if that's all it is. Since there doesn't appear to be any specific allowance for \"\"tax free money\"\" in the Singapore tax system, it looks like what you have here is \"\"just\"\" the employer agreeing to do something that will normally result in the correct tax being paid in your behalf. This isn't uncommon, but it's also not exactly what you asked for. And in particular if you have two jobs in Singapore then they can't both be doing this, since tax is not flat. The example calculation includes varying tax rates for the first X amount of income that (I assume without checking) are per person, not per employment. Joe's answer has the link. In practice in the UK (for example), there are plenty of UK nationals working in the UK who don't need to do a full tax return and whose tax is collected entirely at source (between PAYE and deductions on bank interest and suchlike). In this sense the employer is required by law to take the responsibility for doing the admin and making the tax payments to HMRC. Note that a UK employer doesn't need to know your circumstances in detail to make the correct payroll deductions: all they need is a so-called \"\"tax code\"\", which is calculated by HMRC and communicated to the employer, and which basically encodes how much they can pay you at zero rate before the various tax rate tiers kick in. That's all the employer needs to know here for the typical employee: they don't need to know precisely what credits and liabilities resulted in the figure. However, these employers still don't offer empoyees a net salary (that is, they don't take on the tax burden), because different employees will have different tax codes, which the employer would in effect be cancelling out by offering to pay two people the same net salary regardless of their individual circumstances. The indications seem to be that the same applies in Singapore: this offer is really a net salary subject to certain assumptions (the main one being that you have no other tax liabilities in Singapore). If you're a Singapore millionaire taking that job for fun, you might find that the employer doesn't/can't take on your non-standard tax liability on this marginal income.\""}
{"_id": "479095", "title": "", "text": "\"Curious, why are you interested in building/improving your credit score? Is it better to use your card and pay off the bill completely every month? Yes. How is credit utiltization calculated?    Is it average utilization over the month, or total amount owed/credit_limit per month? It depends on how often your bank reports your balances to the reporting agencies. It can be daily, when your statement cycle closes, or some other interval. How does credit utilization affect your score?  Closest to zero without actually being zero is best. This translates to making some charges, even $1 so your statement shows a balance each statement that you pay off. This shows as active use. If you pay off your balance before the statement closes, then it can sometimes be reported as inactive/unused. Is too much a bad thing?  Yes. Is too little a bad thing? Depends. Being debt free has its advantages... but if your goal is to raise your credit score, then having a low utilization rate is a good metric. Less than 7% utilization seems to be the optimal level.  \"\"Last year we started using a number, not as a recommendation, but as a fact that most of the people with really high FICO scores have credit utilization rates that are 7 percent or lower,\"\" Watts said. Read more: http://www.bankrate.com/finance/credit-cards/how-to-bump-up-your-credit-score.aspx Remember that on-time payment is the most important factor. Second is how much you owe. Third is length of credit history. Maintain these factors in good standing and you will improve your score: http://www.myfico.com/CreditEducation/WhatsInYourScore.aspx\""}
{"_id": "479105", "title": "", "text": "Something is missing from your scenario. If you don't know what it is, start by going to http://annualcreditreport.com and get your free credit report. Review it, and figure out if you have outstanding balances or judgements that you're unaware of. You should be using your card every month and pay it on time."}
{"_id": "479111", "title": "", "text": "Completely wrong again. The starving man is starving because has no money. The man who does not fear lack of food has more money to buy better quality eggs. The well fed man thus has a higher willingness to pay for eggs.  Mothers affection has no quantifiable economic value or bearing. What you're describing is a category change, a concept completely different from the matter at hand.  http://www.npr.org/sections/money/2012/07/13/156737801/the-cost-of-free-doughnuts-70-years-of-regret"}
{"_id": "479130", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [I just made a public DropBox w\\/ DMR reports for the following social media channels: Reddit, YouTube, LinkedIn, Twitter, &amp; facebook. (Enjoy!)](https://np.reddit.com/r/talkbusiness/comments/795ezw/i_just_made_a_public_dropbox_w_dmr_reports_for/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "479141", "title": "", "text": "No. You owe taxes in the state you made the money. So unless you can convince the lottery company to retroactively move to Puerto Rico or such, you can't. As others said, if you win, that should not be your worries.."}
{"_id": "479144", "title": "", "text": "Ipswich land is the regions leading developer of residential land packages for new home buyers. All our estates are located centrally in the Ipswich region to ensure great access to all the facilities that you need. Call us today to inspect the lots available, or swing past our showroom to find out more."}
{"_id": "479146", "title": "", "text": "humid air also has a higher heat capacity which is why when its 35F and humid it feels a hell of a lot colder than 20F and humid. The actual amont of moisture in the air goes way down once you get below freezing."}
{"_id": "479169", "title": "", "text": "&gt; Xerox. (Those are considered tech right?)  Not anymore.  Burns is probably better chair and ceo than Mulcahy but I wouldn't hold my breath on Xerox regaining its old glory and title as common household name again with its heavy reliance on global outsourcing and business processing strategy Burns has been betting on since 2009. Matter of fact, HP leading the way, Xerox is right up there to be the next in line to be another Kodac."}
{"_id": "479193", "title": "", "text": "It can be cheaper to have the store order it though. I had to order two large metal cabinets from Home Depot at one point and it would have been about $120 to ship it to me directly. Or ship it to the store 15 minutes away for free."}
{"_id": "479200", "title": "", "text": "I believe the reasons:"}
{"_id": "479203", "title": "", "text": "You have to check your contract to be sure what is it you're paying for. Typically, you get some of the following features which can be unavailable to you in banks which don't charge a monthly fee: Arguably, these expenses could be paid by the interest rates your money earn to the bank. Notice how banks which don't charge a fee usually require you to have a minimum amount of cash in your account or a minimum monthly cash flow. When you pay for your bank's services in cash, there's no such restrictions. I'm not sure if typical banks in the UK would take away your credit card if you lose your job and don't qualify for that kind of card any more, but I do know banks who would. The choice is yours, and while it's indeed sad that you don't have this kind of choice in Canada, it's also not like you're paying solely for the privilege of letting them invest your money behind your back."}
{"_id": "479206", "title": "", "text": "There are a lot of good answers above, all of them will probably work for you in some way or another. One point to note (from the procrastination theme) is that you could invest your free money that you have currently in some investment instrument which would require you to do some paperwork etc. to get out, this way the immediate cash flow is decreased and also invested. Now from each montly budget save a small amount for the things that you would like to buy. Give this small savings some months to accumulate so that you can afford only one of the items that you want to buy or target an item that you want to buy. After the money is accumulated, if you still want to buy the item, then you probably should. One point of note is that budgeting is also important on a monthly basis, Pete has provided excellent suggestion in this regard."}
{"_id": "479213", "title": "", "text": "\"Concise answers to your questions: Depends on the loan and the bank; when you \"\"accelerate\"\" repayment of a loan by applying a pre-payment balance to the principal, your monthly payment may be reduced. However, standard practice for most loan types is that the repayment schedule will be accelerated; you'll pay no less each month, but you'll pay it off sooner. I can neither confirm nor deny that an internship counts as job experience in the field for the purpose of mortgage lending. It sounds logical, especially if it were a paid internship (in which case you'd just call it a \"\"job\"\"), but I can't be sure as I don't know of anyone who got a mortgage without accruing the necessary job experience post-graduation. A loan officer will be happy to talk to you and answer specific questions, but if you go in today, with no credit history (the student loan probably hasn't even entered repayment) and a lot of unknowns (an offer can be rescinded, for instance), you are virtually certain to be denied a mortgage. The bank is going to want evidence that you will make good on the debt you have over time. One $10,000 payment on the loan, though significant, is just one payment as far as your credit history (and credit score) is concerned. Now, a few more reality checks: $70k/yr is not what you'll be bringing home. As a single person without dependents, you'll be taxed at the highest possible withholdings rate. Your effective tax rate on $70k, depending on the state in which you live, can be as high as 30% (including all payroll/SS taxes, for a 1099 earner and/or an employee in a state with an income tax), so you're actually only bringing home 42k/yr, or about $1,600/paycheck if you're paid biweekly. To that, add a decent chunk for your group healthcare plan (which, as of 2014, you will be required to buy, or else pay another $2500 - effectively another 3% of gross earnings - in taxes). And even now with your first job, you should be at least trying to save up a decent chunk o' change in a 401k or IRA as a retirement nest egg. That student loan, beginning about 6 months after you leave school, will cost you about $555/mo in monthly payments for the next 10 years (if it's all Stafford loans with a 50/50 split between sub/unsub; that could be as much as $600/mo for all-unsub Stafford, or $700 or more for private loans). If you were going to pay all that back in two years, you're looking at paying a ballpark of $2500/mo leaving just $700 to pay all your bills and expenses each month. With a 3-year payoff plan, you're turning around one of your two paychecks every month to the student loan servicer, which for a bachelor is doable but still rather tight. Your mortgage payment isn't the only payment you will make on your house. If you get an FHA loan with 3.5% down, the lender will demand PMI. The city/county will likely levy a property tax on the assessed value of land and building. The lender may require that you purchase home insurance with minimum acceptable coverage limits and deductibles. All of these will be paid into escrow accounts, managed by your lending bank, from a single check you send them monthly. I pay all of these, in a state (Texas) that gets its primary income from sales and property tax instead of income, and my monthly payment isn't quite double the simple P&I. Once you have the house, you'll want to fill the house. Nice bed: probably $1500 between mattress and frame for a nice big queen you can stretch out on (and have lady friends over). Nice couch: $1000. TV: call it $500. That's probably the bare minimum you'll want to buy to replace what you lived through college with (you'll have somewhere to eat and sleep other than the floor of your new home), and we're already talking almost a month's salary, or payments of up to 10% of your monthly take-home pay over a year on a couple of store credit cards. Plates, cookware, etc just keeps bumping this up. Yes, they're (theoretically) all one-time costs, but they're things you need, and things you may not have if you've been living in dorms and eating in dining halls all through college. The house you buy now is likely to be a \"\"starter\"\", maybe 3bed/2bath and 1600 sqft at the upper end (they sell em as small as 2bd/1bt 1100sqft). It will support a spouse and 2 kids, but by that point you'll be bursting at the seams. What happens if your future spouse had the same idea of buying a house early while rates were low? The cost of buying a house may be as little as 3.5% down and a few hundred more in advance escrow and a couple other fees the seller can't pay for you. The cost of selling the same house is likely to include all the costs you made the seller pay when you bought it, because you'll be selling to someone in the same position you're in now. I didn't know it at the time I bought my house, but I paid about $5,000 to get into it (3.5% down and 6 months' escrow up front), while the sellers paid over $10,000 to get out (the owner got married to another homeowner, and they ended up selling both houses to move out of town; I don't even know what kind of bath they took on the house we weren't involved with). I graduated in 2005. I didn't buy my first house until I was married and pretty much well-settled, in 2011 (and yes, we were looking because mortgage rates were at rock bottom). We really lucked out in terms of a home that, if we want to or have to, we can live in for the rest of our lives (only 1700sqft, but it's officially a 4/2 with a spare room, and a downstairs master suite and nursery/office, so when we're old and decrepit we can pretty much live downstairs). I would seriously recommend that you do the same, even if by doing so you miss out on the absolute best interest rates. Last example: let's say, hypothetically, that you bite at current interest rates, and lock in a rate just above prime at 4%, 3.5% down, seller pays closing, but then in two years you get married, change jobs and have to move. Let's further suppose an alternate reality in which, after two years of living in an apartment, all the same life changes happen and you are now shopping for your first house having been pre-approved at 5%. That one percentage point savings by buying now, on a house in the $200k range, is worth about $120/mo or about $1440/yr off of your P&I payment ($921.42 on a $200,000 home with a 30-year term). Not chump change (over 30 years if you had been that lucky, it's $43000), but it's less than 5% of your take-home pay (month-to-month or annually). However, when you move in two years, the buyer's probably going to want the same deal you got - seller pays closing - because that's the market level you bought in to (low-priced starters for first-time homebuyers). That's a 3% commission for both agents, 1% origination, 0.5%-1% guarantor, and various fixed fees (title etc). Assuming the value of the house hasn't changed, let's call total selling costs 8% of the house value of $200k (which is probably low); that's $16,000 in seller's costs. Again, assuming home value didn't change and that you got an FHA loan requiring only 3.5% down, your down payment ($7k) plus principal paid (about another $7k; 6936.27 to be exact) only covers $14k of those costs. You're now in the hole $2,000, and you still have to come up with your next home's down payment.  With all other things being equal, in order to get back to where you were in net worth terms before you bought the house (meaning $7,000 cash in the bank after selling it), you would need to stay in the house for 4 and a half years to accumulate the $16,000 in equity through principal payments. That leaves you with your original $7,000 down payment returned to you in cash, and you're even in accounting terms (which means in finance terms you're behind; that $7,000 invested at 3% historical average rate of inflation would have earned you about $800 in those four years, meaning you need to stick around about 5.5 years before you \"\"break even\"\" in TVM terms). For this reason, I would say that you should be very cautious when buying your first home; it may very well be the last one you'll ever buy. Whether that's because you made good choices or bad is up to you.\""}
{"_id": "479240", "title": "", "text": "I like the answers others gave, if it's some substantial debt you definitely could go the bankruptcy route but it damages your future, also it's morally unethical to borrow all that money and not intend to pay. Second, if you can pay off the entire balance and clear out the 23% interest than I'd do that first. One less bill to concern yourself with. Now let's say you've been making $100 payments monthly on each card (my assumption for this examples sale) now instead of paying $100 to the remaining cards balance each month and saving the other $100, pay $200 against the remaining credit cards balance. By not taking home any money this way you are tackling the liability that is costing you money every month. Unless you have a great investment opportunity on that remaining $1000 or haven't created much of an emergency fund yet, I'd consider putting more of that money towards the debt. Gaining 0.01% on savings interest still means you're eating 25.99% in debt monthly. If you're able to I'd venture out to open a zero interest card and do a balance transfer over to that new card, there will be a minimal transfer fee but you may get some cash back out of it and also that zero interest for a year would help hold off more interest accruing while you're tackling the balance."}
{"_id": "479276", "title": "", "text": "I don't mean to be rude, but if you have to ask if you can earn a living from home, the answer is 'probably not.'  Most people are more financially productive at a traditional workplace, otherwise more people would quit the jobs they hate and work at home or develop their hobbies into businesses.   Making a living from home requires being a self-starter and finding clients/customers who accept such arrangements. First, be assured no one earns a living stuffing envelopes, being a mystery online shopper, or selling low to moderate quantities of stuff to their circle of friends.  A few earn a living flipping houses, cars, or shares, or stuff on eBay, but with considerable risk, capital, effort, luck, contacts, and experience/skill.   A few more find success by inventing something or developing a business. Once again, not as easy as it sounds.   You can look for professional work freelancing, or find grunt work on something like vWorker. But these are easily as competitive as the job market, perhaps moreso.  In the case of vWorker you are competing against people in southern asia who almost surely can beat you on price."}
{"_id": "479294", "title": "", "text": "\"NN doesn't have to do with what your describing.  But let's follow your thought scenario: Why should ISPs be allowed to charge twice for the same service? The \"\"free delivery\"\" you listed isn't free. I as a consumer already pay for it. And I choose who gets my traffic. Why should ISPs be allowed to then also charge companies? Why should they be allowed to choose whose content I want to have use the service I pay for? If you don't like Amazon don't pay Amazon with your traffic. Or Google. They \"\"rely\"\" on your desire to use them via the service you pay for.\""}
{"_id": "479302", "title": "", "text": "I type the whole fucking thing out myself. All financial statements. I've been trying to figure out a way to make it so I can just have it set up for me so I just have to type numbers in but every company uses different wording and has different accounts for each statement so you're going to have to add and subtract accounts. It'll still be time consuming."}
{"_id": "479319", "title": "", "text": "This could a sign of things to come. Wireless carriers have been gobbling up spectrum that can bring affordable wireless broadband to customers, and now Ford adds Pandora.   I think it's a good time to take profits from SIRI."}
{"_id": "479332", "title": "", "text": "Russia was the sole country to mention in Inartificial words that terrorists came from Pakistan. Kadakin aforementioned, asking national capital to place a halt to cross-border terror. Russia is the 1st major great power to use the term of \u201cSurgical Tears\u201d. It was more horrible than the killings in James Wan\u2019s SAW, yet everyone stood to watch, some in excitement and others in tears but all with cameras capturing the images from several angles to upload on social media."}
{"_id": "479351", "title": "", "text": "&gt;[While Argentina has the money to pay the interest it owes, a U.S. judge\u2019s ruling bars it from passing the funds to holders before settling with the so-called holdout creditors that won an order for full repayment on defaulted debt from 2001. Argentine officials say the plaintiffs have rebuffed all offers for a deal.](http://www.bloomberg.com/news/2014-08-04/argentine-default-sours-outlook-for-peso-as-talks-ordered.html)"}
{"_id": "479355", "title": "", "text": "you don't need to turn your head. almost all the controls you would want to use while driving, including navigation, volume, phone dialing, are accessible from the wheel and visible in the central instrument dashboard.   have you actually driven one? its really not any more distracting that any other car."}
{"_id": "479376", "title": "", "text": "When I bought the house I had my lawyer educate me about everything on the forms that seemed at all unclear, since this was my first time thru the process. On of the pieces of advice that he gave was that title insurance had almost no value in this state unless you had reason to believe the title might be defective but wanted to buy the property anyway. In fact I did get it anyway, as an impulse purchase -- but I'm fully aware that it was a bad bet. Especially since I had the savings to be able to self-insure, which is always the better answer if you can afford to risk the worst case scenario. Also: Ask the seller whether they bought title insurance. Often, it is transferrable at least once."}
{"_id": "479384", "title": "", "text": "\"Institutional ownership has nearly lost all meaning. It used to mean mutual funds, investment banks, etc. Now, it means pension funds, who hold the rest of the equity assets directly, and insiders. Since the vast majority of investors in equity do not hold it directly, \"\"institutions\"\" are approaching 100% ownership on all major equities. Other sites still segment the data.\""}
{"_id": "479387", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [The GPS\\/GNSS system behind finance, telecommunications and transportation networks is vulnerable to terrorist jamming and criminal spoofing](https://np.reddit.com/r/talkbusiness/comments/7828xq/the_gpsgnss_system_behind_finance/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "479390", "title": "", "text": "My bank will let me download credit card transactions directly into a personal finance program, and by assigning categories to stores I can get at least a rough overview of that sidd of things, and then adjust categories/splits when needed. Ditto checks. Most of my spending is covered by those. Doesn't help with cash transactions, though; if I want to capture those accurately I need to save receipts. There are ocr products which claim to help capture those; haven't tried them. Currently, since my spending is fairly stable, I'm mostly leaving those as unknown; that wouldn't work for you."}
{"_id": "479391", "title": "", "text": "&gt;Gosh this certainly won't drive piracy underground in some modern day version of an alcohol prohibition where bars were shut down.      Speakeasies required discretion in order to be successful. I don't think that the most recent generation possesses the abilities to both keep a secret or exercise discretion.  There have been places to get free movies and music for years, but everyone thinks access to those products are a human and civil right and can't keep their mouths shut about it."}
{"_id": "479398", "title": "", "text": "There is no such thing as intrinsic value. Gold has value because it is rare and has a market. If any of those things decline, the value plunges. The question of whether gold is overvalued or not is complicated and depends on a lot of factors.  The key question in my mind is: Is gold more valuable in terms of US dollars because it is becoming more valuable, or because the value of US dollars, the prevailing medium of exchange, is declining?"}
{"_id": "479420", "title": "", "text": "Mutual funds buy (and sell) shares in companies in accordance with  the policies set forth in their prospectus, not according to the  individual needs of an investor, that is, when you invest money in (or withdraw money from) a mutual fund,  the manager buys or sells whatever shares that, in the manager's judgement,  will be the most appropriate ones (consistent with the investment policies). Thus, a large-cap mutual fund manager will not buy the latest hot small-cap stock that will likely be hugely profitable; he/she must choose only between various large capitalization companies. Some exchange-traded funds are fixed baskets of stocks. Suppose you will not invest in a company X as a matter of principle. Unless a mutual fund prospectus says that it will not invest in X, you may well end up having an investment in X at some time because the fund manager bought shares in X. With such an ETF,  you know what is in the basket, and if the basket does not include stock in X  now, it will not own stock in X at a later date. Some exchange-traded funds are constructed based on some index and track the index as a matter of policy. Thus, you will not be investing in X unless X becomes part of the index because Standard or Poor or Russell or somebody changed their minds, and the ETF buys X in order to track the index. Finally, some ETFs are exactly like general mutual funds except that you can buy or sell ETF shares at any time at the price at the instant that your order is executed whereas with mutual funds, the price of the mutual fund shares that you have bought or sold is the NAV of the mutual fund shares for that day, which is established based on the closing prices at the end of the trading day of the stocks, bonds etc that the fund owns.  So, you might end up owning stock in X at any time based on what the fund manager thinks about X."}
{"_id": "479426", "title": "", "text": "BillShrink.com lets you compare credit cards based on all your specifics (miles vs. cash, where you shop the most, etc) and tells you what the best card is for your specific habits. MOD EDIT  Looks like billshrink.com is shut down.  From their site: Dear BillShrink customer, As you may have heard, BillShrink.com was shut down on July 31, 2013.   While we\u2019re sad to say goodbye, we hope we\u2019ve been able to help you be   better informed and save some money along the way! The good news is   that much of the innovative award-winning BillShrink technology will   still be available via our StatementRewards platform (made available   to customers by our partnering financial institutions). Moreover, we   expect to re-launch a new money-saving service in the future. To see   more of what we\u2019re up to, visit Truaxis.com. We have deleted your personal information as of July 31. We will   retain your email address only to announce a preview of the new tool.   If you do not want us to retain your email address, you can opt out in   the form below. This opt out feature will be available until September   31, 2013. If you have already opted out previously, you do not need to   opt out again. If you have any further questions, contact us at   info@billshrink.com. Thanks, The BillShrink/Truaxis Team"}
{"_id": "479427", "title": "", "text": "\"I have mixed feelings, this seems to only be possible because the margins on AWS subsidize the entire rest of the business.  Amazon is going to continue crushing competition, but in what seems like an \"\"unfair\"\" way.  I'm very worried that in another 10 years we're going to be living in a world with very reduced competition up the entire supply chain.\""}
{"_id": "479444", "title": "", "text": "The issue here is that the transaction (your funds to her account) looks very similar to the rent payments which you plan to make in the future. Those rental payments (if deemed to be commercial) would normally be subject to tax. Consider the scenario where rather than an up front $5000, and $5000 over 2 years, you paid her $10000, and paid no rent. That might be an attempt to avoid paying tax. A commercial transaction can't be re-labeled as a gift just based on your election - the transaction needs to be considered as a whole. However, an interest free, unsecured loan connected with you paying rent at market rate would be (depending on local laws) simply foolish (to some extent). I don't think you are able to structure the transaction as a joint purchase (since the mortgage will prevent her from allocating a part of the property to you). Its also likely that you can live in her house and contribute an adequate amount to the household costs without creating a taxable income for her. For example in the UK, up to ~\u00a34000 pa rental income generated from the property in which you reside does not need to be declared. You need to identify the scenarios where your particular arrangement could be imagined as resulting in a taxable or potentially taxable event - then make sure you are not avoiding those events just by choosing how you label the events."}
{"_id": "479449", "title": "", "text": "This has happened to me several times while trying to travel. See a flight listed for one price, go through the process and it ends up being 50-100 more. Not sure which airlines just in general. I dont see how 2 seperate sites can have the same price problem. and what changes in the 5-10 minutes it takes someone to enter their info? do gas and costs go up that much in 10 minutes? Just like extra ticket fees and everything....i just wish companies would start putting the FULL price up front. extra fees and all."}
{"_id": "479451", "title": "", "text": "\"I am sorry, did you have a better example of a country that does not tax or taxes less but provides better services and protections?   &gt; But we think the rich aren't paying their \"\"fair share\"\". Let me tell you, no share is fair. The government didn't work for that paycheck, you did.  Let me tell you, because I am one of those rich guys. I own a business that did millions in revenue last year. I am by far not one of those \"\"super rich\"\" that we read about, nor is my company one of those that paid nothing in taxes last year. My company is organized as an S-Corp, which means it is a pass-through when it comes to taxes. (I.e. I pay the taxes, not the company). I had an effective tax rate of over 33% last year, and paid into the six figures just in federal taxes.   That being said, I am also one of those people that feels that our taxes are too low as a country. I would be happy to talk about why, and do it one topic at a time. If water is the topic you want to start with, I would be happy to.\""}
{"_id": "479454", "title": "", "text": "If you're not insolvent, doing something like this is both a moral and legal hazard: When you are insolvent, the tax and moral hazard issues can be a non-issue. Setting up a scenario that makes you appear to be insolvent is where the fraud comes in. If you decide to go down this road, spend a few thousand dollars on competent legal advice."}
{"_id": "479461", "title": "", "text": "\"The S&P 500 is an index. This refers to a specific collection of securities which is held in perfect proportion. The dollar value of an index is scaled arbitrarily and is based off of an arbitrary starting price. (Side note: this is why an index never has a \"\"split\"\"). Lets look at what assumptions are included in the pricing of an index: All securities are held in perfect proportion. This means that if you invest $100 in the index you will receive 0.2746 shares of IBM, 0.000478 shares of General Motors, etc. Also, if a security is added/dropped from the list, you are immediately rebalancing the remaining money. Zero commissions are charged. When the index is calculated, they are using the current price (last trade) of the underlying securities, they are not actually purchasing them. Therefore it assumes that securities may be purchased without commission or other liquidity costs. Also closely related is the following. The current price has full liquidity. If the last quoted price is $20 for a security, the index assumes that you can purchase an arbitrary amount of the security at that price with a counterparty that is willing to trade. Dividends are distributed immediately. If you own 500 equities, and most distributed dividends quarterly, this means you will receive on average 4 dividends per day. Management is free. All equities can be purchased with zero research and administrative costs. There is no gains tax. Trading required by the assumptions above would change your holdings constantly and you are exempt from short-term or long-term capital gains taxes. Each one of these assumptions is, of course, invalid. And the fund which endeavors to track the index must make several decisions in how to closely track the index while avoiding the problems (costs) caused by the assumptions. These are shortcuts or \"\"approximations\"\". Each shortcut leads to performance which does not exactly match the index. Management fees. Fees are charged to the investor as load, annual fees and/or redemptions. Securities are purchased at real prices. If Facebook were removed from the S&P 500 overnight tonight, the fund would sell its shares at the price buyers are bidding the next market day at 09:30. This could be significantly different than the price today, which the index records. Securities are purchased in blocks. Rather than buying 0.000478 shares of General Motors each time someone invests a dollar, they wait for a few people and then buy a full share or a round lot. Securities are substituted. With lots of analysis, it may be determined that two stocks move in tandem. The fund may purchase two shares of General Motors rather than one of General Motors and Ford. This halves transaction costs. Debt is used. As part of substitution, equities may be replaced by options. Option pricing shows that ownership of options is equivalent to holding an amount of debt. Other forms of leverage may also be employed to achieve desired market exposure. See also: beta.  Dividends are bundled. VFINX, the largest S&P 500 tracking fund, pays dividends quarterly rather than immediately as earned. The dividend money which is not paid to you is either deployed to buy other securities or put into a sinking fund for payment. There are many reasons why you can't get the actual performance quoted in an index. And for other more exotic indices, like VIX the volatility index, even more so. The best you can do is work with someone that has a good reputation and measure their performance.\""}
{"_id": "479491", "title": "", "text": "This is such an ignorant comment I do not even know where to start with it.   Democracy, even with all its flaws, has unquestionably provided the greatest opportunity to the greatest number. While equally, demonstrating the best system of self-governance ever known, conceived, or attempted. Conversely, Socialism in every form and iteration across history has only ever produced tyranny, homogeny, oppression, suffering, wanting, regression, and death.   Socialism has never worked. Socialism will never work. Socialism is a lie perpetrated on the ignorant and most ill-informed among us. Socialism is simply a critique of democracy that comes nowhere close to offering tangible or realistic solutions."}
{"_id": "479500", "title": "", "text": "\"Bezos made very little \"\"money.\"\" But he is very wealthy because of stock grants and options, from his previous years. Banks or brokerage firms will lend him (or anyone else) up to half the value of his stock. In Bezos' case, we're talking about billions. So he could, if he wanted to, cash out half of those billions. If the stock continues to go up (as it has), he will be able to cash out more each year. Imagine a person earning $1 a year in cash with $1 billion of stock, on which he can borrow up to $500 million. That, in a nutshell, is Bezos (with larger numbers).\""}
{"_id": "479510", "title": "", "text": "I agree. But I'm wondering why Japan is in such a unique position compared to most (all?) other counties. They print money yet suffer from deflation for three decades. And the quality of life is amazing even in the simplest towns. They have their Japanese made air-condition, playing their Japanese made console, eating a cheap and amazingly good nutritious meal at home or at a cheap isakaya/diner. And every year their money buys them more than last year."}
{"_id": "479515", "title": "", "text": "&gt; Have you considered going outside and experiencing the world around you  Technically I was in a Vegas airport once. As for how judging things you know nothing about, way to demonstrate your point by making some totally idiotic assumptions about me."}
{"_id": "479522", "title": "", "text": "There are some out there making the argument that negative yields on the German Schatz (2-year note) are the result of speculators betting on a break-up of the euro area and its common currency. Specifically that assets held in euros, i.e. German bonds, would be re-denominated into a new Deutschmark that would appreciate in value against other European currencies."}
{"_id": "479527", "title": "", "text": "\"Sovereigns cannot go bankrupt. Basically, when a sovereign government (this includes nations and US States, probably political subdivisions in other countries as well) becomes insolvent, they default.  Sovereigns with the ability to issue new currency have the option to do so because it is politically expedient. Sovereigns in default will negotiate with creditor committees to reduce payments. Creditors with debt backed by the \"\"full faith and credit\"\" of the sovereign are generally first in line. Creditors with debt secured by revenue may be entitled to the underlying assets that provide the revenue. The value of your money in the bank in a deposit account may be at risk due to currency devaluation or bank failure. A default by a major country would likely lock up the credit markets, and you may see yourself in a situation where money market accounts actually fall in value.\""}
{"_id": "479530", "title": "", "text": "Big solar fan here. I like your argument for nuclear. With the way that electricity power generation works, we need ideally 3 sources of power. Nuclear is one of them. Base load, if you will.  Solar and nat gas can sort of fluctuate against each other as the sunlight changes. And once battery tech updates we can do away with nat gas.   I don't know enough about price/economics on nuclear and if you have a few concise things to share I'd appreciate it. Not asking for you to type a tome. I can always research later but appreciate your input!"}
{"_id": "479542", "title": "", "text": "A per diem payment is a cost of doing business for the company, not for you. They can claim it (probably); you can't (definitely)."}
{"_id": "479548", "title": "", "text": "\"In your mother's position, I would do two things: Get a copy of her credit report. Money Advice Service has a useful page on how to do this - it is cheap (\u00a32) or free to do and will immediately tell you if someone else is using her address for anything untoward. Check with the Post Office whether anyone has set up a redirect on mail to your Mum's address. You can redirect by individual names, so if Joe Bloggs buys a bunch of stuff and has it sent to him at your Mum's address, he could set up a redirect at the Post Office so any post for Joe Bloggs at that address gets redirected to Joe Blogg's real address. There is a page about this on the Post Office website, I don't know exactly how to check if someone else has set this up but I'm sure the Post Office would help you find out. Additionally, I would consider visiting the address (the same house number in the \"\"Road\"\" where hers is in the \"\"Avenue\"\") and see whether the occupants have anything useful to say about this. I would just say you'd had some mis-delivered post, and want to check what their names are so that you can pass on anything that is intended for them that comes to your address (and ask them to do likewise for you). Depending on how that goes you could also ask about the ebay store and see whether it really is them that set it up.\""}
{"_id": "479558", "title": "", "text": "If it is a separate unit from the rest of the property,  you can use that portion as an investment property.  the part, or unit, you are living in is your primary residence. The remainder is your investment. You are eligible to not pay capital gains on the portion you live in After two years. As always consult a tax accountant For advice...  Also, if this is less then 4 unit, you may he able to finance the sale of the home with an FHA loan."}
{"_id": "479576", "title": "", "text": "All great answers. The only thing I didn't see mentioned was that student loans are not dischargable in a bankruptcy. So for example if you took money that could have gone to student loans and poured it into other debt, then for some reason declared bankruptcy later, your student load debt would remain while other debt would be discharged; essentially that money would have been better spent on the student loan. This isn't to advocate that you should pay down student loans with the intent of declaring bankruptcy, or that this makes it a better decision necessarily, just a factor that is sometimes forgotten."}
{"_id": "479577", "title": "", "text": "I don't know if Canada's immigration policy would be a huge draw. Not because Amazon wouldn't want it, but because if the US actually gets so dumb it truly restricts quality immigration, who's to say it won't get dumb about border crossing? Even just making it unpleasant could be enough to ward off the best and brightest.  Meanwhile there are actual Canadian cities in the running which would allow Amazon to avoid the risk entirely. I know the Toronto bid actually had a letter from the Prime Minister vouching that Canada would be accommodating."}
{"_id": "479593", "title": "", "text": "I can see that building credit is a valid reason. I would also suggest another scenario, when you have locked up money in long-term savings, with a substantial penalty for early withdrawal. If you suddenly needed money then you might save money by borrowing against the long-term deposit rather than pay the penalties. This is especially true if you needed the money only for a short time."}
{"_id": "479599", "title": "", "text": "To get a credit history you need to use credit from someone that reports to the major credit agencies.  I don't suppose you have to BUY anything. You could just get a cash loan and hold it for a long time, but it seems silly to pay interest only for the purpose of building credit. The student loan should help you build credit. Also, I'm assuming you buy things all the time like gas, groceries, etc. Why not put those on a credit card and pay the balance off every month? That way you aren't buying anything specifically to get credit. Also there are numerous other benefits: Another suggestion: Set up your cards so the full balance is drafted from your bank automatically on the due date. That will ensure that you always pay on time (helping your credit) and also make you think twice about putting things on the card that you can't afford with the cash you have in the bank."}
{"_id": "479604", "title": "", "text": "Article 1 Section 9 doesn't have a clause 8. Article 1 covers the legislative branch.  Article 2 section 1 clause 7 is actually tied with a few others as being the most consistently enforced. Because it's the one that establishes how the president gets paid. Every president has been paid in that way."}
{"_id": "479615", "title": "", "text": "Taxi regulations exist to protect the public. It's not some racket to keep people out of the market.  Insurance: Uber/Lyft only insure their drivers while they are loaded. Meaning any other time they are driving around, even if they are driving to a call, they aren't insured. If they get in a wreck, their own car insurance won't cover it because they don't have taxi insurance which is a shit load more expensive than regular car insurance.  Red-lining: Red-lining is where taxi companies will not server certain neighborhoods, meaning they will neither pick up nor drop off in the area.  Discrimination: All classes are protected under taxi regulations with serious repercussions for discrimination. This also includes people with disabilities, like the blind and those in wheel chairs.  Rates: Taxi rates are typically approved by the city so that companies can't constantly change them. This is a big one as far as Uber/Lyft goes.  Really what it comes down to is Uber/Lyft need to operate on a level playing field. They are a taxi service. There is absolutely no question about this and it isn't up for dispute. They need to obey the same laws that taxi companies are still held to or be fined into oblivion. If you actually bother to read the taxi regs for your city, you will see they are there to protect you as a customer and have little benefit to taxi companies. About the only rule I can think of are the regulations regarding paying your fare. For all the rest, the taxi companies would be better off without because they wouldn't be forced to serve people they don't want to.  In my experience, the cab companies don't care about additional competition because it's the nature of the business. The fact that Uber/Lyft completely disregard all the regulations is what they have a problem with.  //Source: 8 years in the taxi industry."}
{"_id": "479616", "title": "", "text": "This question is a bit off-topic, might be better moved to another SE site. But I'll answer anyway: Sounds like the problem is that your wife is potentially being taken advantage of by people who may not really be prospects. Keep in mind no one can take advantage of you without your permission. There are also some things you and she can do to reduce the amount of wasted time while minimizing the risk of giving up on a potential sale. Qualify your leads: make sure these potential clients are really, truly potential customers. Ask whatever questions you have to ask in order to qualify them as real house hunters. It doesn't have to be binary: you can have hot leads ready to buy now, and lukewarm leads who may not buy for 12 months or more. Treat each one accordingly. Set limits: a lukewarm lead is not allowed to call you 20 times a day. Answer their calls just once per day. By answering the phone every time they call you are training them to call as often as they like! If you only return calls once per day they'll quickly learn to save their questions up and ask them all at once. Showing 10 houses sounds a bit silly. How can you remember any details after seeing 10 houses? By asking more questions and learning more about what your clients want in a house, you can reduce the footwork. Me, I'd flat out limit it to three houses per outing, and I wouldn't even hesitate to tell the client why. I think all these things will come in time. Like any new venture, she needs some experience to learn how to maximize her efficiency and effectiveness. Keep in mind it's better to have the phone ringing too much than not at all!"}
{"_id": "479625", "title": "", "text": "QuickBooks online is one of the best accounting solution choice for small business owners. So here you find how to convert QB Desktop to QB Online. IF you need more detail and help related to this visit our page- https://www.wizxpert.com/convert-your-quickbooks-desktop-file-to-quickbooks-online/"}
{"_id": "479649", "title": "", "text": "\"&gt;So you're telling me you can't commute upwards of one hour away from your work to find affordable housing? That is what Californians do.   Because everyone can and should spend 2 hours commuting every day.  Or three or four, \"\"if that's what it takes.\"\"  Hell, why don't we just cancel nights and work through until it's time for sleep; that will save on commuting while allowing the same (near-zero) amount of seeing friends and family.  Fallacy of the Argument to Sufficient Extremes: \"\"You can fly unaided if you're determined enough.  You just have to put up with hitting the ground from a great height shortly after beginning your flight.\"\"\""}
{"_id": "479653", "title": "", "text": "\"&gt;  I bootstrapped a business with my husband, from part-time while consulting to over $600k/yr in its 3rd year. I don't know nothin' bout no business!  *yawn*  I could go into a long rant about people who brag about their accomplishments on the internets and describe themselves as a \"\"bootstrapper\"\" but I won't. The whole blog reads like an Amway pitch with no indication as to what you actually do:   \"\"Do you want to break out of working by the hour? Do you want to create your own products and really be your own boss?\"\"  Seriously?  This is a troll, right?\""}
{"_id": "479659", "title": "", "text": "\"To begin with, bear in mind that over the time horizon you are talking about, the practical impact of inflation will be quite limited. Inflation for 2017 is forecast at 2.7%, and since you are talking about a bit less than all of 2017, and on average you'll be withdrawing your money halfway through, the overall impact will be <1.3% of your savings. You should consider whether the effort and risk involved in an alternative is worth a few hundred pounds. If you still want to beat inflation, the best suggestion I have is to look at peer-to-peer lending. That comes with some risk, but I think over the course of 1 year, it's quite limited. For example, Zopa is currently offering 3.1% on their \"\"Access\"\" product, and RateSetter are offering 2.9% on the \"\"Everyday\"\" product. Both of these are advertised as instant access, albeit with some caveats. These aren't FSCS-guaranteed bank deposits, and they do come with some risk. Firstly, although both RateSetter and Zopa have a significant level of provision against bad debt, it's always possible that this won't be enough and you'll lose some of your money. I think this is quite unlikely over a one-year time horizon, as there's no sign of trouble yet. Secondly, there's \"\"liquidity\"\" risk. Although the products are advertised as instant access, they are actually backed by longer-duration loans made to people who want to borrow money. For you to be able to cash out, someone else has to be there ready to take your place. Again, this is very likely to be possible in practice, but there's no absolute guarantee.\""}
{"_id": "479663", "title": "", "text": "\"I have three savings accounts that are currently open in India in different banks. Is it legal to have savings accounts open while I am in the US? If you are NRI [from what you have stated you are], you cannot hold a \"\"Savings\"\" account in India. Please have the accounts converted as NRO at the earliest. It is a simple matter of contacting Bank and completing formalities with some paperwork. do I have to declare this fact in the tax filings in US given that my tax is already deducted?  Yes, interest would be taxable in US. Does my father have to declare the additional deposits? No.  Edit to reply to comment: RBI Economic Times\""}
{"_id": "479691", "title": "", "text": "Somewhere between #3 and #4 is finding a market maker to act as an authorized participant (AP) for the fund's launch. This includes the initial seeding of the fund as well as agreeing to make consistent, high quality markets in the fund throughout its launch."}
{"_id": "479697", "title": "", "text": "Investing requires capital, and the fastest way to get the capital is to develop good saving habits. Investing is an ongoing process to help you accumulate wealth, so to take advantage of compounding, the earlier you start, the better.  I can suggest a few pointers to get you started on the investing journey. Godspeed! :)"}
{"_id": "479717", "title": "", "text": "Still, tweets are becoming a growing part of our political discourse thanks to a certain US president. They feature in news stories and television reports. I am not surprised by their success at all, judging by how much their company has been discussed in the media."}
{"_id": "479718", "title": "", "text": "In Sri Lanka, this is the normal practice. We, employees are free from the burden of paying tax for the income we get as a salary. Because that part is been taken care of by the company/employer."}
{"_id": "479728", "title": "", "text": "Depends. What are the options available for the 401k? If they are low expense ratio options, that can be a great start. Otherwise, just do your own tax deductible IRA  At 40, with no retirement savings other than one 401k, you're likely behind. Its time to get serious; no reason you can't with that income.  Look into an IRA at Vanguard to start for up to 5500 a year per person if the 401(k) is no good."}
{"_id": "479729", "title": "", "text": "There has to be a better way than how we do it now, I think we can all agree on that. The purpose of my post was to show that UBI is simply unrealistic and more than enough time has been spent on it in this subreddit. I would be fascinated to read new ideas, rather than UBI every day."}
{"_id": "479739", "title": "", "text": "The contract should address this issue. It will specify the types of remedies and damages that would result if either side tries to back out of the deal. There can be monetary penalties, and the courts can force the seller to complete the deal. Where I have experienced this it generally takes only a gentle reminder from the agent regarding the consequences. There is also limited indirect protection via the contract between the seller and their real-estate agent. Many times that contract will require the seller to pay the agent their commission if there isn't a valid reason to cancel the deal. The contract was to find a fully qualified buyer. The threat of having to pay 6% of list price to the agent, and not selling the house can be enough to get them to complete the deal. All this assumes there was fraud, which could bring in criminal penalties."}
{"_id": "479744", "title": "", "text": "Not bad. Do you do similar bullets for the future of the world economy?  To add to your Academic Bubble points:   * the black market will increase, with students simply defaulting on the debt, and getting jobs that pay cash.  * people will go back to apprenticeships to train young people more efficiently, like it's been done for centuries.  * online learning and standardized tests will replace expensive college system."}
{"_id": "479745", "title": "", "text": "\"&gt; Though I'd counter that if your goal is to manipulate economic exchanges between individuals with the intention of guiding the economy at large to a specific desired outcome, I think that capitalism is not the economic system for you :P   Touche :)   I will say that, to your point, I have come to believe that there are two forces at odds that are required for a robust and long lived prosperous society:  1.  A capitalist system that encourages innovation through competition and  2.  A government to check the inevitable concentration of wealth that capitalism naturally trends toward.  They most effective ways for a government to check that concentration is through a progressive tax system, and a check on the power that the concentration of wealth creates (eg: forcing employers to pay a living wage instead of using a bully pulpit to extract the maximum effort for the lowest possible cost, as shown by the \"\"robber barons\"\" etc of the 1900s).  Either way, I'll admit that I am not talking about pure capitalism.  However, like the philosopher Georg Hegel theorized, all ideas go through a process of thesis (the first idea: aka capitalism), antithesis (the countering idea: in this case socialism), and then synthesis (the resulting compromise).  The synthesis then becomes the new thesis for the system to further evolve upon.  It's time for American capitalism to evolve.\""}
{"_id": "479752", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://jacobinmag.com/2017/10/finance-capital-shareholders-profit-market) reduced by 81%. (I'm a bot) ***** &gt; The term financialization is used all over the place, but it&amp;#039;s usually defined in a pretty circular way: financialization means &amp;quot;More finance,&amp;quot; more things controlled by finance.  &gt; The role of finance in enforcing a certain kind of policy on the state, a certain kind of logic, a certain kind of organization - whether it&amp;#039;s the bond market or whoever else we imagine here - is even more clear-cut.  &gt; To me, that&amp;#039;s a narrower, more specific, and maybe more fruitful way of thinking about financialization than just &amp;quot;There&amp;#039;s more finance.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78t6so/the_disruptors_jacobin_magazine_via/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~235206 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **logic**^#1 **More**^#2 **finance**^#3 **way**^#4 **corporation**^#5\""}
{"_id": "479762", "title": "", "text": "\"Just to really drive home how wrong you are, let's review both:  **Government** - you get 1 single binary choice every 2, 4 or 6 years not on an actual decision but for another PERSON to make the choices for you, without your input from then on, without any liability. If they lie to win their election, there's nothing you can do. There was no contract. You get no refund. They have control over the 1/3 of your income that taxation gives them. The most control you get is to wait those 730-2,191 days and get an *exchange* in the person who then gets to control your money and your choices. Voting in this system doesn't give you any control, it merely gives another person 1,000,000s of times as much control as everyone else. They are lawyers who won basically a popularity contest to gain control of $Trillions of our money.  **\"\"Horrible\"\" corporation** - the only provider of a service, sets the prices they want. You want the service, there's no doubt about it, but you want to pay less and get better quality. They'd *love* to be able to force you to pay for their service even if you don't want it, but they cannot. Soon enough, because of the high profits of the corporation, a new competitor arises, such as Verizon, Time Warner,  or Google fiber and prices start dropping and quality goes up.  All companies wish they were governments, where they could just force people with guns and threats of imprisonment to make them pay for their bloated services. Notice how the closer a company appears like a monopoly, the more it resembles the largest monopoly? Compare how similar the long lines at Walmart resemble the long lines at the post office or DMV?\""}
{"_id": "479764", "title": "", "text": "very understandable concern.  people say that it's like 10% idea and 90% execution, but i agree that if i had some absolutely brilliant, new idea, I probably wouldn't be too eager to share it.  i expect most posts to be from people that are in the process of launching... i.e. the product is ready (or is nearly ready) but they want to get feedback on how to tweak it to improve."}
{"_id": "479769", "title": "", "text": "I recommend you consider a Roth IRA. Invest it as others here suggest, safely, CDs, money market,etc. You can put in $5000/yr. When you spend, use this last, there is no penalty to withdraw the deposits. But if you make it through grad school without needing it, you'll have great start on your retirement savings."}
{"_id": "479779", "title": "", "text": "You're in a good spot: making good money with prospects for that to continue for the foreseeable future. Even if/when you quit dancing nursing pays quite well. Leaving all that money in a savings account is a mistake. At a minimum: Open an IRA account at any of the discount brokers (Schwab, Fidelity, etc). Roth is fine to start, once your taxable income goes up consider switching to a traditional IRA. Max out your IRA every year. Invest in low-fee index funds. There are frankly too many options these days, but an S&P 500 Index fund is almost never a mistake. Open a regular taxable investment account where you can invest additional money. Leave some cash/savings for emergencies. But if you do #3 you can always sell some investments in a cash emergency. Yes, it may lose money in the short term, but given your steady income, not a huge concern. I think if you read all the investment advice out there, you'll see a familiar theme along these lines. Your nest egg will grow considerably when you invest."}
{"_id": "479781", "title": "", "text": "\"I've found that good old fashioned \"\"Monopoly\"\" teaches children about cash flow, mortgaging properties, and paying income taxes.\""}
{"_id": "479801", "title": "", "text": "Citation? Please go looking for yourself, it should be easy for a curious mind to do.  How many jobs were lost to just china?  In rochester, ny alone, kodak has big investments and production moved to china.    Now, take xerox they are outsourcing jobs to india.  software and engineering, you get transfered and go work for the indian company or cya.  Look at Delphi, they are in Juarez mexico big time.  Search out the trade $, we trade large w/ these countries and more.  I don't mind trading but it should be balanced.  So much of them buying here and so much us buying there.  There are certain sectors of higher paying manufacturing jobs that are gone to not just to china but also mexico and india.  What jobs replaced them?    Of greater concern should be the stagnant wages of the last 30 years."}
{"_id": "479824", "title": "", "text": "I'm not too sure tbh, i'm just getting my series 7 first before anything. But thank you for such a well thought out response.  I'd probably trade something that has a bit more volatility like BAC or something though."}
{"_id": "479827", "title": "", "text": "I once called Amex to cancel a card with an annual fee. Instead, they were able to give me a different card with no fee. They were happy to do it. Of course, Amex has fantastic customer service, while Capital One is not known for it. But, its worth a five minute call, and you will retain your good score."}
{"_id": "479861", "title": "", "text": "I don't like paying a house off early. Houses are quite illiquid investments. Lose your job, you can't get the money out. Housing prices go down, can't get your money out. Etc. You are in a better state owing 50k more on a house and with 50k in the bank, and if that money gets you in the habit of savings and investing, all the better."}
{"_id": "479871", "title": "", "text": "I only used disposable diapers for my baby's first month.  However, I now use half disposable diapers (for part-time daycare) and half cloth.  My son is now 1 year and during a normal weekday, I go through 4 disposable diapers and 3-4 cloth diapers (this count includes a double thick cloth diaper for night).  On the weekend, I use about 7-8 cloth diapers a day.   For disposable, I buy Costco's Kirkland brand diapers which gives me about 200 diapers for $50.  I tend to go through one pack every other month.  For cloth, I bought FuzziBunz One-Size Diapers.  These are pretty expensive diapers (about $19/each) but I wanted ones that would last over multiple children (I chose these over the BumGenius because I thought snaps would last longer than velcro).  I bought 24 new cloth diapers which means I wash diapers every 2-3 days.  A couple of weeks ago I totaled up my receipts for cloth and disposable diapers and determined that I will recoup my diaper costs at around 16 months of part-time use. Notes:"}
{"_id": "479874", "title": "", "text": "\"Treat each position or partial position as a separate LOT. Each time you open a position, a new lot of shares is created. If you sell the whole position, then the lot is closed. Done. But if you sell a partial quantity, you need to create a new lot. Split the original lot into two. The quantities in each are the amount sold, and the amount remaining. If you were to then buy a few more shares, create a third lot. If you then sell the entire position, you'll be closing out all the remaining lots. This allows you to track each buy/sell pairing. For each lot, simply calculate return based on cost and proceeds. You can't derive an annualized number for ALL the lots as a group, because there's no common timeframe that they share. If you wish to calculate your return over time on the whole series of trades, consider using TWIRR. It treats these positions, plus the cash they represent, as a whole portfolio. See my post in this thread: How can I calculate a \"\"running\"\" return using XIRR in a spreadsheet?\""}
{"_id": "479880", "title": "", "text": "\"One interesting part of this history that is often forgotten was how absolutely close we came to a universal basic income under Nixon. FAP went through the (Democratic dominated) House without much trouble in late 1969-early 1970. It carried a very decisive margin. Absent a confluence of rather unique circumstances in 1970 (high among them the Cambodian Campaign-for a host of reasons, that created a chill between Nixon and the Senate, from which their relations would never truly recover), it is not at all hard to imagine it being passed.   One wonders how welfare policy would have developed with that. Keep in mind: FAP was meant to help both the working poor and working class as well as (really, more than) the underclass-which was part of how Moynihan knew how to appeal to Nixon.   Other factors in FAP's downfall include:  1) The domination of the finance committees (these things often were passed down by generation) by strongly conservative Southern Democrats, whose states-being largely still the poorest, the New South was only getting started-would have disproportionately effected by FAP. Largely against their own political interests-unlike the Great Society, FAP would have given recipients direct cash payouts, and would have largely \"\"gone over their heads\"\", so to speak. And after the Cambodian Campaign, Nixon could ill afford to alienate them.   2) Nixon's shift in attention in the summer of 1970 to other areas, prominent among them national security and foreign policy. For the former, the violently illegal (to the point where J. Edgar Hoover, no shrinking violet when it came to treating the civil rights of certain US citizens with some flexibility, objected) Huston Plan would be created in the summer of '70. As for the latter, this was when the China initiative was just beginning to take off and Vietnamization getting into high gear following the destruction of the sanctuaries. Absent both of these, Nixon would have his hands full at any rate that autumn with the dual crisis of the Black September and Cienfuegos, right at the moment FAP was in its death throes in front of the aforementioned finance committees.  Nixon would take a subsequent conservative turn for the 1970 elections, following a very... Buchananite/Agnewite strategy, with little to no success, which shaped his 1972 strategy.   3) The strong resistance of the Senate GOP to the measure, especially in the wake of the Great Society. Some proto-libertarians did support the FAP, but intended it to replace the welfare state, as opposed to Nixon wishing to supplement it/reshape it into something more fiscally feasible. The GOP cognoscenti were strongly resistant in general to Nixon's attempts to transform the GOP into something they fundamentally didn't wish to be.   (The ultimate symbolism of this was, had Nixon had his way, his VP and eventual successor would have been John Connally, former Texas governor and LBJ's *de facto* right-hand man cum top fixer, who epitomized the kind of conservative Democrat that Nixon wanted to transform the GOP with-into what would have essentially been a Gaullist/Disraeli Tory style party. This was not the same vision the people who dominated the GOP at the local level had in mind, to say the least, and was a contributing factor into why Nixon didn't invest a lot of energy into stumping for the GOP during the '72 landslide-and why the party returned the favor during Watergate.)   4) The resistance of a lot of Senate liberals to anything that would have given Nixon a domestic success, especially after Cambodia and before the '70 midterms. Merely the Clinton Wars in reverse, in a sense-Clinton's triangulation strategy in 1995, after the Democratic slaughter in the midterms of 1994, was ironically patterned off of Nixon's in 1971 following the disappointing results of the 1970 midterms for the GOP.  The FAP would be attempted again twice, but it never really had the same chance of passing that it did the first time. As for Cheney and Rumsfeld, I'm not terribly shocked. Both of them belong to the heavily natsec influenced wing of the party that historically hasn't had much attachment to small government style thinking found in the Congressional part of the GOP. They both have a knack for thinking politically, too-Cheney defended Bush Senior's decision to not boot the Ba'athists out of Baghdad in the early 90s, when few in the GOP were. The next decade would dramatically change things as the dominant foreign policy ideology of the part transformed to neoconservatism, the ideology of Democratic intellectuals that came over to the basement in the Reagan years and revolted in '92 against Bush the Elder, who epitomized (along with Snowcroft) the old-style Nixon/Kissinger realist foreign policy school of the party. Cheney knew where his bread was buttered and where the winds were going.  (Rumsfeld was also a dove on Vietnam by '71, believe it or not, to the point where it somewhat alienated Nixon and Kissinger. Rumsfeld eventually incurred the wrath of HR Haldeman-*normally*, a very unwise move in the Nixon White House-to the point where he got kicked upstairs to a post in Brussels dealing with NATO. The reason I emphasized *normally* is because this let Rumsfeld escape Watergate completely unscathed. Had that not happened, there's no way he'd have had the clout to pull off the Halloween Massacre in '75, at that youthful age.)\""}
{"_id": "479911", "title": "", "text": "\"&gt; There are way more than \"\"some successful ones from millions.\"\" Nearly all my close friends are employed professionals (I'm talking about doctors, lawyers, university professors, software developers, business owners, government employees, working artists, you name it) who use marijuana. Same goes for my parents' friends. If anything, they smoke much more than my generation. Yet they all seem to have had decent careers and are now retiring happily.  Yeah but they go to work high. The millennial smokers I see often smoke a few times a day. Come to LA where I live and TONS of them have the stupid fake ass marijuana cards. Medical use my ass, loser use is what it should be called.  I wouldn't call daily smokers happy or successful. Someone that is happy or successful can unwind without the use of drugs whether its weed or alcohol.   &gt; More than half of Americans have used marijuana. If what you were saying were true, there would be a huge underclass of people wasting away in basements, doing nothing more with their lives than eating Pringles and playing video games. But that's just a derisive stereotype that does not represent most people who smoke pot.  HAVE used is different than use daily, you do understand that, right?   Most aren't successful at all actually. u/garlicdeath has some numbers for us and I'll quote him:   \"\"NPR had a statistic that about 1 in 3 Millenials live at home with their parents, 1 in 3 live with a friend or relative and the rest have their own place or live with their SO\"\"\""}
{"_id": "479914", "title": "", "text": "TOCOM Crude is a cash-settled blend of Oman and Dubai crude oil, both quoted in USD.  The daily settlement price is mark to market, but the final settlement price is based on reported prices from Dubai and Oman (or calculated in some cases with a known procedure), averaged and then converted to Yen using monthly average exchange rates as published by a reference bank (see Detailed Rules) You're trying to go all the way back and unfuddle quotes into a blend of USD-quoted oils.  The correct procedure here would be to go with the Oman and Dubai prices in the first place (unless you're trying to arbitrage the TOCOM market). As to why they do it this way?  It's a service.  TOCOM takes on all the challenges to provide customers with a steady and consistent way of trading cash-oil.  For physical oil, all you'd have to do is buy the blend on Dubai's and Oman's spot market.  You trust TOCOM's price finding process, i.e. there will be no discrepancies between your TOCOM cash-oil and the Middle East physical oil. Edit: As to why Japan isn't buying WTI directly:  There's a considerable cost of carry.  WTI delivery location is Cushing, OK; there are pipelines but it's still a logistics act to get the oil to a port on the West Coast and then have it shipped to Japan.  Dubai's delivery is at Jebel Ali (Persian Gulf), Omani crude can be shipped straight from Mina Al Fahal.  Not only is it a shorter trip but also there are more shipping companies specialised in oil deliveries to the Asian hotspots. Why they pay in USD?  Persian oil is highly sought after in nearly all of Asia's economies but there's little other exported goods from there.  So naturally the market for currency crosses (AEDJPY, OMRJPY, AEDINR, OMRINR, etc.) is not that liquid.  At least not as liquid as to make buying Persian oil a smooth deal.  Anyway, both Dubai and Oman chose to follow Western practice to quote their contracts in USD and (maybe because of liquidity concerns) also to accept USD for payment only."}
{"_id": "479918", "title": "", "text": "\"For personal accounts, I can't imagine that this is too much of a problem.  The only concern that I can think of (for American banks) is that FDIC only insures you up to $100,000 if the bank were to go belly-up.  If you're getting over that amount of money, you may want to \"\"diversify\"\" a little more.\""}
{"_id": "479937", "title": "", "text": "I think your perspective is sadly lacking.   I personally know dozens of professionals in their late 20s to early 40s - the majority of whom make well over $100k/year - who consume marijuana regularly. Yet somehow they remain productive members of society who own homes and raise kids just like the millions of Americans who have excellent careers and regularly consume alcohol."}
{"_id": "479939", "title": "", "text": "People in the west seriously underestimated how much wealth are in China. Vast majority of Chinese are still poor but those aren't your market. You need to targeted your products to people who can afford to pay 100% import taxes on luxury cars, there are millions of them in china.   Your products must be distinct and expensive. Expensive is the key."}
{"_id": "479969", "title": "", "text": "Wow! This is an excellent article! Written by someone who actually bothered to check their facts, and understands the Focus Fusion process. I have been following Eric Lerner's DPF approach for many years, and am convinced that all attempts to create steady-state fusion machines is a total waste of time and money.  Having a pulsed device which converts x-rays straight to electricity is roughly a million times better than having a retarded steam cycle attached to your multi-billion dollar Fusion reactor that can't ever break even, and can't ever do anything except produce lots and lots of Ph.D.s.  A DPF pulsed reactor can be built into a shipping container, and become the holy grail of energy generation.  It is indeed a shame that DPF has seen such pathetic funding."}
{"_id": "479972", "title": "", "text": "According to the TN DOL FAQ, the employer can choose how to pay wages.  Other options include checks and cash. However, it is the employer's choice, not the employees, on how to pay the wages. In case of direct deposit, the employee can choose the bank at which to receive the money. Why would opening an account be unpractical is beyond me. You can also use services like AMEX Serve, NetSpend, or even Walmart's MoneyCard."}
{"_id": "479985", "title": "", "text": "Not sure I understand your question.   If you're talking about paying off the payable, you decrease the liability and decrease an asset. Aka when you actually pay the wages, decrease cash and decrease wages payable.   If you're talking about closing expense accounts, you simply credit the expense to zero and debit retained earnings for the same amount (which will reduce RE since RE is equity and has a normal credit balance).   If you're talking about accruing revenue, you simply do the opposite of an expense. If revenue is accrued, then you credit a revenue account (increase it) and increase cash or acc receivable.   If you're closing a revenue account, you debit the account to zero and credit Retained Earnings or Income Summary (which eventually gets closed into RE anyways).   The sum of these revenues and expenses will leave you either with a debit or credit balance in RE. A credit balance means you have a profit and a debit balance means you have a loss. Other expenses like sales tax and other expenses excluding COGS might also be taken directly from RE or identified at the time of sale and held in its own separate account.   But I'm not sure if this will answer your question since I'm not sure what you're asking."}
{"_id": "480004", "title": "", "text": "Those brick-and-mortar fronts are there for businesses that ran out of supplies and didn't plan ahead and need them immediately. It's cheaper to buy the same shit online, if you plan ahead. They're always empty when I go there too. I go there rarely. Usually to see how ridiculous their markup is and how much I can save by buying the same shit from amazon."}
{"_id": "480005", "title": "", "text": "\"If you have a CPA working for you already - this is a question you should be asking that CPA. Generally, NOL only affects the tax stemming from the Internal Revenue Code (Title 26 Subtitle A of the US Code). Social Security and Medicare, while based on income, are not \"\"income tax\"\", these are different taxes stemming from different laws. Social Security and Medicare withheld from your salary are FICA taxes (Title 26 Subtitle C of the US Code). They're deducted at source and not on your tax return, so whatever changes you have in your taxable income on the tax return - FICA taxes are not affected by it. Self Employment tax (Schedule SE) on your Schedule C earnings in the carry-back years will also not be affected, despite being defined in the IRC, because the basis of the tax is the self-employment income while the carryback reduces the AGI.\""}
{"_id": "480011", "title": "", "text": "Think of it this way. A billionaire may have a net worth of $1B with an income of $300 million per year. In the most likely scenario, (s)he is spending at most $50 a million a year.   Now they have the same income as 6,000 separate people making $50 thousand a year.  But those people are going to spend maybe 90% of their income.  In other words the 6,000 average people are putting an additional $220 million (more than 4 X the billionaire) back into the economy to generate activity and growth."}
{"_id": "480024", "title": "", "text": "\"But these are companies just like Samsung, Nike and your local restaurant...profit is ultimately what they are after.  Cavaliers is never going to tell King James \"\"you don't have to score so many goals.\"\"  It costs 9 figures and can take over a decade to bring a new drug to market. And it is not until it reaches the market that the companies start to make money. Not only that, many drugs fail to reach market. So not only is a drug funding itself, it's funding the failed drugs and future drugs as well. Keeping the shareholders happy means keeping more funds...like every other company.  I understand that the current status quo is far from good. But I don't know any feasible alternative. Deregulate drugs and speed up the approval process? It could work, but do we really want that to happen?\""}
{"_id": "480036", "title": "", "text": "These are the basics in order: Max your employer contributions to your 401k if available Pay off any loans Contribute to an IRA  Perhaps max out your 401k Look into other investment options (refinance your mortgage, buy stocks) Those are the typical rules, special situations may need specials actions..."}
{"_id": "480039", "title": "", "text": "\"&gt;There's no \"\"law of capitalism\"\" that says that companies have to pay their employees as little as possible. There's no law of capitalism that says companies have to \"\"maximize short-term profits.\"\" That's just a story that America's owners made up to justify taking as much of the company's wealth as possible for themselves.  Isn't the relentless accumulation of capital, um, exactly the basis of capitalism? Owners aren't sufficiently incentivized to pay people more and they're not going to do it out of the goodness of their hearts unless they want to be undercut by their more ruthless competition.  Wealth inequality won't be solved by guilt or altruism. Just as child labor laws and the 40-hour week had to be enshrined in law in order to become the norm, so will whatever solution we have for wealth redistribution.\""}
{"_id": "480051", "title": "", "text": "&gt; PPs I don't know about anyone else, but I hardly ever use Reddit desktop. Mobile app only for me.  Which is funny, because I'm pretty much exclusively desktop. Otherwise, I'd constantly be on it on my phone. Actually, I've deleted other social media/content apps for the same reason.   edit: spelling"}
{"_id": "480056", "title": "", "text": "QE was started by Ben Bernanke's FED who was appointed by GWB. The FED is a separate entity from politics regardless of all the attempts to gain control. No politician came up with QE and most didn't support it.   Why would Dems or the GOP run on a program that an independent and privately run central bank created? Do you even understand what the FED is or how monetary policy is set?"}
{"_id": "480073", "title": "", "text": "&gt; There's lies, damn lies, and statistics. &gt; 100% of Muslims never smile.  Damn, incredible statistics you got there.  &gt;My feelings wouldn't be hurt if by some chance those inbred pricks were no longer here and then human kind could move on. To things like science, space, health, exploration of our current planet. US politicians and religion are slowing humans down.  Welcome to the alt-left.  &gt;I kind of wish he was hitler in a weird kind of way.  ...and this conversation is over."}
{"_id": "480105", "title": "", "text": "Should not be on economy.  It's essentially a opinion item slanted to the folks eliminating coal completly with no replacement plan in place. The anti coal plan was really putting in an acceleration of banning coal use while also flowing Down nuclear options and trying to destroy our natural gas production and transmission. That was what would have harmed the economy in a big way."}
{"_id": "480119", "title": "", "text": "As a start-up, the initial shares can be given at various price points. So essentially they can give someone a larger percentage based on the same amount earlier, and lesser percentage to someone else for the same amount. As its a start-up the valuations can be very tricy and what matters is that whether you believe the percentage you got for the amount is right or not.   It is very important to note that when you have been given an ownership in the company, how that is designated. Is it in absolute number of shares or is it in terms of percentage based on the existing shares. For example you maybe given 100 shares, without any qualification. Or you maybe given a 5% stake in the paid-up capital, that translates to 100 shares. It is always better to hold the shares in % of the total shares. Also read the contract, any dilution should require your approval. Normally start-ups once the valuation starts to go up, start creating more shares and sell these to private equity or create more shares and give it as a bonus to promoters. Hence in both cases your holding will keep getting diluted. There is a related quesiton If a startup can always issue new shares, what value is there to stocks/options?"}
{"_id": "480121", "title": "", "text": "I assume you're after a price time series and not a list of S&P 500 constituents?  Yahoo Finance is always a reasonable starting point. Code you're after is ^GSPC: https://finance.yahoo.com/quote/%5EGSPC/history?p=^GSPC  There's a download data button on the right side."}
{"_id": "480128", "title": "", "text": "The Finance functions in spreadsheet software will calculate this for you.  The basic functions are for Rate, Payment, PV (present value), FV (Future value), and NPER, the number of periods.  The single calculation faces a couple issues, dealing with inflation, and with a changing deposit. If you plan to save for 30 years, and today are saving $500/mo, for example, in ten years I hope the deposits have risen as well. I suggest you use a spreadsheet, a full sheet, to let you adjust for this.  Last, there's a strange effect that happens. Precision without accuracy. See the results for 30-40 years of compounding today's deposit given a return of 6%, 7%, up to 10% or so. Your forecast will be as weak as the variable with the greatest range. And there's more than one, return, inflation, percent you'll increase deposits, all unknown, and really unknowable.  The best advice I can offer is to save till it hurts, plan for the return to be at the lower end of the range, and every so often, re-evaluate where you stand. Better to turn 40, and see you are on track to retire early, than to plan on too high a return, and at 60 realize you missed it, badly.  As far as the spreadsheet goes, this is for the Google Sheets -  Type this into a cell =nper(0.01,-100,0,1000,0) It represents 1% interest per month, a payment (deposit) of $100, a starting value of $0, a goal of $1000, and interest added at month end. For whatever reason, a starting balance must be entered as a negative number, for example - =nper(0.01,-100,-500,1000,0) Will return 4.675, the number of months to get you from $500 to $1000 with a $100/mo deposit and 1%/mo return. Someone smarter than I (Chris Degnen comes to mind) can explain why the starting balance needs to be entered this way. But it does show the correct result. As confirmed by my TI BA-35 financial calculator, which doesn't need $500 to be negative."}
{"_id": "480144", "title": "", "text": "Never said it wasn't theft. I wouldn't say exactly scummy though. I know its morally wrong, but c'mon its a huge company. Who am I being a scumbag steve directly to? Indirectly sure, now they might have to raise future prices of plans 0.0000000000001% to cover the lost."}
{"_id": "480155", "title": "", "text": "I don't use debit cards, but if I did I would review that portion of the statement. I look at my credit card statements pretty closely, and probably catch one or two mistakes or things I want to question every year."}
{"_id": "480160", "title": "", "text": "Dividend is a payment which is paid by the company after getting profit or interest is plus paid amount which we get on our income.we can pick up the dividend as a form of interest on our investment"}
{"_id": "480181", "title": "", "text": "\"Note: this answer was provided when the question was only about Life Insurance, therefore it does not address any other \"\"benefits\"\" Term Life Insurance is very easy to evaluate, once you have determined how much you need and for how long. For significant amounts of coverage they may require a physical to be performed. The price quotes will be for  two levels of health, so you can compare costs from many companies quite easily.  You have several sources in no particular order: employer, independent company, 3rd party like AARP, AAA, or via you bank or credit union. Note that the 3rd party will be getting a cut of the premium. Also some choices offered from the employer or 3rd party may be limited in size or duration. The independent companies will be able to have terms that extend for 10 years or more. So view the insurance offered by AARP as just another option that has to be compared to all your other options.\""}
{"_id": "480187", "title": "", "text": "\"Good plan. I would vote for someone that ran on this platform.   There is simply no rational political party in the US. I honestly believe that most \"\"undecideds\"\" or \"\" independents\"\" would support something like this but there is simply no large consensus of people throwing ideas out like this. Its either Tea Party economics or Liberal entitlements.   Also, who the hell is Phillip Greenspun?  Thanks for the link, good stuff.\""}
{"_id": "480192", "title": "", "text": "Funny you say Toronto (fellow dude from Toronto). It's next to impossible to break even now. With costs so high, you'd seriously lose long term (houses going for 1million+ won't be worth that much for a while once the market crashes). But, the best example I can give. If you would've bought a house in the 80's for 250k, it'd be worth about 1.2 million today, but according to inflation, it's valued at 800k. That's where you make the money, plus whatever you made on rent. Best advice that I can give you, don't invest in real estate as a anything more than a principal residence, because the times now make it very difficult, and you could potentially lose a lot  of money (eg. Paying a 1 million dollar mortgage on a house that's not worth that)."}
{"_id": "480206", "title": "", "text": "Did you just assume my nationality? How dare you... We should not talk about military spending as long as Germany's budget is at 1.2% of the GDP instead of the 2% that was agreed on in NATO contracts. Btw, the US' military spending is at 3.3% of their GDP. And I'd rather have a state that concentrates on its core tasks than one that blasts more than 40% of its annual expenditures into social welfare while neglecting the rest...  And the German healthcare system is crumbling. It used to generate at least 9 billion euro in deficit every single year; despite the fact that you have to pay 15,5% special healthcare tax and despite the billions pumped into the system from other sources. It's basically funded by the upper 10%; not voluntarily of course. The only thing that keeps it afloat at this point are the insanely low base interest rates of the ECB. And German mandatory public pension funds are a Ponzi scheme...  PS: you obviously don't understand the concept of subcontracted labour if you think it's a bad thing."}
{"_id": "480213", "title": "", "text": "Sigh... this is what irritates me about democrats. They say that they are scared that African Americans are not going to have good enough access to healthier foods and they want to impede on the market. African Americans have just the same opportunities as any other race, so why is that an issue?  So then they go further saying that a higher percentage of minorities are at the lower income range. My answer is free market competition. The more competition, the higher output of innovation and value the market produces. This lowers prices while increasing value.  Not trying to get too political, but I really think we should keep the chains off of business and let them innovate"}
{"_id": "480225", "title": "", "text": "It wouldn't surprise me to see a country's return to show Inflation + 2-4%, on average. The members of this board are from all over the world, but those in a low inflation country, as the US,Canada, and Australia are right now, would be used to a long term return of 8-10%, with sub 2% inflation.  In your case, the 20% return is looking backwards, hindsight, and not a guarantee. Your country's 10 year bonds are just under 10%. The difference between the 10% gov bond and the 20% market return reflects the difference between a 'guaranteed' return vs a risky one.  Stocks and homes have different return profiles over the decades. A home tends to cost what some hour's pay per month can afford to finance.  (To explain - In the US, the median home cost will center around what the median earner can finance with about a week's pay per month. This is my own observation, and it tends to be correct in the long term. When median homes are too high or low compared to this, they must tend back toward equilibrium.)  Your home will grow in value according to my thesis, but an investment home has both value that can rise or fall, as well as the monthly rent. This provides total return as a stock had growth and dividends.  Regardless of country, I can't predict the future, only point out a potential flaw in your plan."}
{"_id": "480238", "title": "", "text": "They can go to an ATM and deposit it in to their account. The ATM does not care to read the name, and the bank does not care to verify anything if the check goes through (meaning the bank it is drawn on pays). So if nobody complains, that's it, he has your money. You would need to go to the check-writer's bank and ask for help, or look at the check-writer's cancelled check copy if you get to it. That bank can find out where it was deposited to, and then you have to go after the guy and get your money back - if it is still recoverable! - if it is a poor sod and he already blew your 5 grand, you can sue his pants off, but there are no 5 grand in them anywhere. So bad luck for you. Technically, the bank is not supposed to accept the check if the name doesn't match. At the counter, that might get a question, but as said above, there are deposit ATMs, and he could also just endorse the check to himself and sign the endorsement with some illegible scrawling, and claim that this is your signature - how would Joe the teller know? Either way, he gets the check in his account, and then he can take it out and blow it. It is legally clearly theft or fraud, and probably a federal crime, but if the guy is bankrupt, that doesn't help you much. Depending on that bank's fine-print, they might or might not cover your loss, but I wouldn't hold my breath. Better don't lose a check."}
{"_id": "480255", "title": "", "text": "\"&gt;Well put and, honestly, seemingly unavoidable.  Yes, there is an aspect of it that I think is the equivalent to \"\"ocean tides\"\" -- there are \"\"winds and waves\"\" of fortune (which are often mistaken as entirely due to \"\"merit\"\", when in fact the \"\"merit\"\" may have been only a minor factor).  &gt;As I see it, RE is a crap investment for the foreseeable future as oversupply and oversize are not absorbed. People have to live, so rentals will be key; but, they have already bloomed quite a bit.   I'd agree.  I've looked into (and decided to \"\"pass\"\") on the whole \"\"buy up a bunch of homes &amp; rent them out\"\" line.  There was definitely an \"\"opportunity\"\" with REO/foreclosure/distressed sale properties in the area, but after conferring and seeking advice from several *experienced* landlords, I have concluded that it is NOT the \"\"risk free/passive income\"\" mechanism that a lot of neophytes think it is; and there is substantial risk/effort involved, both in the form of capital investment (repairs, maintenance -- requiring both time &amp; money) as well as the unpredictability/probability of an interrupted revenue steam (bad renters are deuced difficult/expensive to deal with) as well as other costs (significantly increased property taxes, especially on rentals, etc.)  The truly \"\"big\"\" gains (to my understanding anyway) of being a landlord are the windfall \"\"cash out\"\" phase (where, having had renters paying the mortgage/interest, you get the benefit of the capital gain on the sale of the property) -- but due to what I *think* (and sincerely believe based on the dempgraphics of Boomer die-off), I am fairly certain that said \"\"payoff\"\" will not be anywhere NEAR as large in the coming decades as it has been in the past (if the payoff even exists at all, and isn't a net \"\"loss\"\", especially in light of the work/effort/investment involved).  &gt;Stocks will likely trade sideways for awhile before likely tanking as the forced/willing withdrawals start happening from the Boomers. So, keeping it in stocks doesn't sound overly positive, unless a fairly aggressive put strategy is enforced.   Depends on what you mean by \"\"stocks\"\". The overall market is one thing, specific stocks can be quite a different story. (While it is an extreme example, note the [dramatic difference between AAPL vs the Dow during the past decade](http://www.google.com/finance?chdnp=1&amp;chdd=1&amp;chds=1&amp;chdv=1&amp;chvs=maximized&amp;chdeh=0&amp;chfdeh=0&amp;chdet=1340654400000&amp;chddm=493051&amp;chls=IntervalBasedLine&amp;cmpto=INDEXDJX:.DJI&amp;cmptdms=0&amp;q=NASDAQ:AAPL&amp;ntsp=0) etc.)  Basically, the whole idea of passive/mindless (\"\"set it and forget it\"\") gains from investments being the path to \"\"wealth\"\" has to go bye-bye -- it was never really \"\"real\"\" to begin with (unless you \"\"timed\"\" the market just right), and the vast majority of the gains were nominal anyway.  &gt;For me personally and selfishly, I have 20 years minimum for retirement, so I'm fine qith the market trending sideways or down. It means that I'm getting more bang for my DCA buck and, 20+ years from now, I will be well positioned when the market eventually cycles back up.   I guess I take the long-term historical view that the very concept of some \"\"guaranteed retirement\"\" was simply an aberration -- a lucky generation or two got away with it (sheerly by accident in the timing of their birth, something they really had no input into).  Instead I think one will ALWAYS need to be \"\"working\"\" in some manner or another -- actively overseeing ones investments and remaining \"\"agile\"\" in response.  And of course there is risk involved in that (as if there is really any reason we should expect there NOT to be? Anyone who thinks that way IMO is simply ignorant of the vast scope of human history).  The best I think one can do is to TRULY diversify (and that does NOT mean \"\"mutual funds\"\") -- to separate your eggs into various \"\"baskets\"\", holding some major part in solid (as solid as can be) form (even with the possibility of zero return and/or some \"\"loss\"\" -- i.e. owning primary housing clear of debt, some PM's in physical form, etc); having other assets in what are fairly solid \"\"bets\"\" (based on demographic trends, company quality, etc); and then some things (several small bets) that are \"\"long shots\"\" but potentially high-return things (where just one \"\"win\"\" can not only offset a dozen non-performers/losers, but gain you a substantial *real* profit).  Basically I think one has to use their mind and available information (which must be actively sought out and seriously analyzed/considered), and then even with all of that realize that there is a certain \"\"crap shoot\"\" aspect to everything, and that \"\"big winners\"\" are just as often either scam artists (who often get their comeuppance -- think Skilling/Enron); or who are just lucky shits who were in the right place, at the right time, were dealt the right cards AND subsequently made the right bets (due to [survivor](http://en.wikipedia.org/wiki/Survivorship_bias) and other biases we just don't often hear about the ones who hit 4 out of 5 of those things and who might have still been \"\"winners\"\" but just not large/prominent enough to gain fame &amp; recognition, much less the 3 out of 5 whose gains were minimal or a wash).\""}
{"_id": "480282", "title": "", "text": "You are correct that W-4s are very confusing for multiple income homes, and even more so if you change salary significantly during the year.  There are just too many variables in those situations to provide an effective, simple form. Unfortunately, the best way to get accurate withholdings is trial-and-error.  Try and estimate how much tax you'll have to pay for the year.  There are several calculators out there, but essentially you can take your gross income, subtract the standard exemptions for you and all dependents, subtract the standard deductions (or estimate your itemized deductions), and compute your tax based on the federal tax tables.  Then subtract any tax credits you may be eligible for. Then estimate your withholdings for the year by multiplying your current withholdings by the number of pay periods left, and adding your YTD withholdings.  If your total withholdings are higher than your estimated tax, add one or two exemptions to reduce your withholdings (and vice versa).   If all that sounds like a lot of work (which it is), at a minimum make sure you withhold as much tax as you paid last year.  That way you avoid any tax penalties, but might have a tax bill when you file.  If you want to be conservative and withhold a little extra that's fine - you might even end up with a refund when you file.  The good news is it doesn't have to be exact; any difference will determine what you pay (or what refund you get) when you file."}
{"_id": "480287", "title": "", "text": "If you or she can't answer this or don't have access to someone who can, then I fear for the business.  That said, it really depends on where you are and how your business is incirporared, but I can't think of any law prohibiting it where I am. I was an employee of my dad's business as soon as I was legal."}
{"_id": "480288", "title": "", "text": "The maligned incentives go all the way up the chain.  In Atlanta, staff and administrators stole the tests and changed answers.  Even besides the incentive problems, student test scores were not designed to measure teacher performance.  You get these crazy schemes where teachers in non-tested subjects are having fifty percent of their evaluation based on the average of teachers in a basket of similar classes, that some NCLB-funded consultant handpicked from his office.  It's absurd."}
{"_id": "480308", "title": "", "text": "Interestingly, at my office there's an older guy (60s) who is always going on about how young people don't want to work etc. Meanwhile, all the 20 somethings are busy doing their damn jobs instead of chatting."}
{"_id": "480315", "title": "", "text": "\"ETFs purchases are subject to a bid/ask spread, which is the difference between the highest available purchase offer (\"\"bid\"\") and the lowest available sell offer (\"\"ask\"\"). You can read more about this concept here. This cost doesn't exist for mutual funds, which are priced once  per day, and buyers and sellers all use the same price for transactions that day. ETFs allow you to trade any time that the market is open. If you're investing for the long term (which means you're not trying to time your buy/sell orders to a particular time of day), and the pricing is otherwise equal between the ETF and the mutual fund (which they are in the case of Vanguard's ETFs and Admiral Shares mutual funds), I would go with the mutual fund because it eliminates any cost associated with bid/ask spread.\""}
{"_id": "480318", "title": "", "text": "IMHO bonds are not a good investment at this present time, nor generally. Appreciate for a moment that the yield of an investment is DIRECTLY related to the face/trading value. If a thing (bond/stock) trades for $100 and yields 3%, it pays $3.  In the case of a bond, the bond doesn't pay a % amount, it pays a $ amount.  Meaning it pays $3. SO, for the yield to rise, what has to happen to the trading price?  It has to decrease. As of 2013/14 bonds are trading at historically LOW yields.  The logical implication of this is if a bond pays a fixed $ amount, the trading price of the bond has to have increased.  So if you buy bonds now, you will see a decrease in its face value over the long term. You may find the first tool I built at Simple Stock Search useful as you research potential investments."}
{"_id": "480337", "title": "", "text": "\"So, if an out-of-the-money option (all time value) has a price P (say $3.00), and there are N days... The extrinsic value isn't solely determined by time value as your quote suggests. It's also based on volatility and demand. Here is a quote from http://www.tradingmarkets.com/options/trading-lessons/the-mystery-of-option-extrinsic-value-767484.html distinguishing between extrinsic time value and extrinsic non-time value: The time value of an option is entirely predictable. Time value premium declines at an accelerating rate, with most time decay occurring in the last one to two months before expiration. This occurs on a predictable curve. Intrinsic value is also predictable and easily followed. It is worth one point for every point the option is in the money. For example, a call with a strike of 30 has three points of intrinsic value when the current value of the underlying stock is $33 per share; and a 40 put has two points of intrinsic value when the underlying stock is worth $38. The third type of premium, extrinsic value, increases or decreases when the underlying stock changes and when the distance between current value of stock and strike of the option get closer together. As a symptom of volatility, extrinsic value may be greater for highly volatile underlying stock, and lower for less volatile stocks. Extrinsic value is the only classification of option premium that is unpredictable. The SPYs you point out probably had a volatility component affecting value. This portion is a factor of expectations or uncertainty. So an event expected to conclude prior to expiration, but of unknown outcome can cause theta to be higher than p/n. For example, a drug company is being sued and the outcome of a trial will determine whether that company pays out millions or not. The extrinsic will be higher than p/n prior to the outcome of the trial then drops after.  Of course, the most common situation where this happens is earnings. After the announcement, it's not unusual to see a dramatic drop in the extrinsic portion of options. This is why sometimes a new option trader gets angry when buying calls prior to earnings. When 'surprise' good earnings are announced as hoped, the rise is stock price is largely offset by a fall in extrinsic value giving call holders little or no gain! As for the reverse situation where theta is lower than p/n would expect? Well you can actually have negative theta meaning the extrinsic portion rises over time. (this statement is a little confusing because theta is usually described as negative, but since you describe it as a positive number, negative here means the opposite of what you'd expect).  This is a quote from \"\"Option Volatility & Pricing\"\". Keep in mind that they use 'positive' theta to mean the time value increases up over time: Is it ever possible for an option to have a positive theta such that if nothing changes the option will be worth more tomorrow than it is today? When futures options are subject to stock-type settlement, as they currently are in the United States, the carrying cost on a deeply in-the-money option, either a call or a put, can, under some circumstances, be greater than the volatility component. If this happens, and the option is European (no early exercise permitted), it will have a theoretical value less than parity (less than intrinsic value). As expiration approaches, the value of the option will slowly rise to parity. Hence, the option will have a positive theta. Sheldon Natenberg. Option Volatility & Pricing: Advanced Trading Strategies and Techniques (Kindle Locations 1521-1525). Kindle Edition.\""}
{"_id": "480350", "title": "", "text": "\"Your child's birthday is coming up, and you're planning a party for your kid. I bet you're thinking about kids party decorations and supplies and you're wondering \"\"Where can I find birthday party supplies?\"\". You might have everyone join you at a restaurant, so you don't have to cook or clean up. You might have everyone come to your house so they can be free to run around. Either way, kids birthday party supplies can provide a theme and save you time.\""}
{"_id": "480367", "title": "", "text": "That's all? What's the total shares outstanding? It's on thing is it's 100,000 and another if it's 10,000,000. What's the capitalization? If you don't know, check tech crunch and/or read the about section of your website.  Having a bit of experience, my guess would be 10,000,000 (or much much more). Series A capitalization usually goes off at $1.  If you are not in a management, sales, production or technology role .. you may not benefit much from the growth. So if you want to, watch your internal job postings and try to move up."}
{"_id": "480400", "title": "", "text": "\"I'll assume that you would work as a regular (part-time) employee. In this case, you are technically a Grenzg\u00e4nger. You will need a specific kind of Swiss permit (\"\"Grenzg\u00e4ngerbewilligung\"\") allowing you to work in Switzerland. Your employer typically takes care of this - they have more experience than you. You being non-EU might make matters a bit more complicated. Your employer will withhold 4.5% of your gross income as source taxes (\"\"Quellensteuer\"\"). When you do your tax declaration, your entire income will be taxed in Germany, since this is where you live. This will happen after your first year of work. Be prepared for a large tax bill (or think of this as an interest-free loan from Germany to you). However, due to the Doppelbesteuerungsabkommen (DBA), the 4.5% you already paid to Switzerland will be deducted from the taxes you are due in Germany. Judging from my experience, the tax authorities in Germany are not fluent in the DBA - particularly in areas far away from the Swiss border. I had to gently remind them to deduct the source taxes, explicitly referring to the DBA. The bill was revised without problems, but I strongly recommend making sure that your source taxes are correctly deducted from your German tax liability. Once your local German tax office understands your situation, you will be asked to make quarterly prepayments, which will be calculated in a way to minimize your later overall tax liability. Budget for these. You didn't ask, but I'll tell you anyway: social security will normally be handled by Switzerland as the country of employment - not the country of residence. Your employer will automatically deduct old age, unemployment and accident insurance and contribute to a pension plan, all in Switzerland. However... ... if you do a lot of your work in Germany (>25%), which certainly applies if you plan on mostly working remotely, your social security will be handled by your country of residence. This is a major pain for your employer, because now your Swiss employer needs to understand the German social security system, how much and to whom to co-pay and so forth. This is a major area of study, and your employer may not want to spend all this effort. My employer has looked at this and requires anyone living outside of Switzerland to limit working from home to less than 25%, because by extension, they would some day also need to do the same for employees living in France, Italy, Austria... or even the UK. They don't want to dig through half the EU states' social security regulations. Therefore, you would not be able to work remotely from Germany for my employer. This is actually a fairly recent development that only entered in force at the beginning of 2015 (before that, this was all a bit of a gray area). Your prospective employer may not be aware of all details. So you will need to think about whether you actively want to point them at this (possibly ruining your plans of working remotely), or not (and possibly getting major problems and post-payments years later). Finally, I think you can choose whether you want to have your health insurance in Switzerland or in Germany (unless your Swiss obligation to be insured is waived because of your part-time status). Some Swiss health insurers offer plans where they cooperate with German health insurers, so you can go to German doctors just like a German resident. Source: I have been a Grenzg\u00e4nger from Germany into Switzerland off and on for over ten years now. I can't say anything about whether your German visa restricts you from working in Switzerland. You may want to ask about this at Expatriates.SE, but I'd much rather ask your local German authorities than random strangers on the internet.\""}
{"_id": "480402", "title": "", "text": "Your attitude is great, but be careful to temper your (awesome) ambition with a dose of reality.  Saving is investing is great, the earlier the better, and seeing retirement at a young age with smooth lots of life's troubles; saving is smart and we all know it. But as a college junior, be honest with yourself.  Don't you want to screw around and play with some of that money?  Your first time with real income, don't you want to blow it on a big TV, vacation, or computer? Budget out those items with realistic costs.  See the pros and cons of spending that money keeping in mind the opportunity cost.  For example, when I was in college, getting a new laptop for $2000 (!) was easily more important to me than retirement.  I don't regret that.  I do regret buying my new truck too soon and borrowing money to do it.  These are judgment calls. Here is the classic recipe: Adjust the numbers or businesses to your personal preferences.  I threw out suggestions so you can research them and get an idea of what to compare. And most importantly of all.  DO NOT GET INTO CREDIT CARD DEBT.  Use credit if you wish, but do not carry a balance."}
{"_id": "480405", "title": "", "text": "&gt;Now, what happens if another wildfire hits your orchard? Those twelve loddars are destroyed, they are gone, the shoe-maker is twelve loddars poorer, without spending it and without anyone else getting twelve loddars richer.  That's not necessarily true. The guy who issued the twelve loddar promissory note and got twelve loddars worth of stuff is twelve loddars richer."}
{"_id": "480414", "title": "", "text": "From strong structural framing systems for metal buildings and steel buildings, to walls, roofs and compatible accessories, Universal Steel of America's products have the advantage of factory assured quality and predictable performance. Each component is inspected throughout the manufacturing process to assure the highest standards of quality are maintained."}
{"_id": "480419", "title": "", "text": "Would you expect your parents to charge you interest if you borrowed from them? Yes, if they said so when the money was borrowed.  No, if there were no terms communicated when the money was borrowed. Expectations need to be clearly laid out up-front. What is your advice? I think you are asking the wrong question of whether or not you should charge interest.  The real issue is that you are concerned about the 'borrowing', which are really turning out to be 'gifts'. The money amounts are not the issue as much as the lack of responsibility.  Going back to your children and asking for interest will not fix this issue.  This is my advice: This is a difficult process, and may not go over well with your children. Remember that this is not hurting them. You are actually hurting them more by allowing them to put off developing good habits, independence, and maturity.  It is hard to see someone make choices that hurt themselves and others, but you cannot prevent them from making that choice. If they never feel the results of that choice, they will lack the motivation to change."}
{"_id": "480423", "title": "", "text": "\"The backdoor Roth IRA contribution has been possible for a few years now and is fairly widely known. The IRS hasn't said anything negative about it. An answer to my question here mentions that it could hypothetically be disallowed through the \"\"step transaction doctrine\"\", although that is the only time I have heard that possibility raised. For some background, the income limit on Roth conversions was removed as a \"\"revenue-offsetting provision\"\" of the Tax Increase Prevention and Reconciliation Act of 2005. They want people who have deducted contributions in Traditional IRAs to convert to Roth and pay taxes now rather than waiting many years until retirement. Conversely, people performing the backdoor Roth IRA contribution have already paid taxes on that money and it's just preventing them from having to pay taxes many years later. It's easy to see how Congress would find this a satisfactory exchange.\""}
{"_id": "480426", "title": "", "text": "Tax Refund: The US generally does not refund tax like other countries. For larger sales, you might want to try state tax refunds, check here: https://help.cbp.gov/app/answers/detail/a_id/373/~/how-to-obtain-a-refund-of-sales-tax-paid-while-visiting-the-united-states US Customs: You never pay US customs when you leave, they don't care about what you take out of the country. You might have to pay customs in your arrival country afterwards, and the rules depend on the country you arrive in. Most countries have a limit on how much you can bring for free, typically in the range of 500 $, but that varies a lot. Also, some countries do not count used articles, so if you wear your new clothing once, it does not count against the limit anymore."}
{"_id": "480427", "title": "", "text": "Unless you're going to be a quant, you don't need more than basic statistics.  With that said, I think it's very valuable to have a good grasp on at least an introductory statistics course. Just having a basic idea how probabilities interact and the notion of sensitivity, confidence intervals etc. are very valuable for understanding model output.  The world would be a better place if more people had a rudimentary understanding of probability and statistics."}
{"_id": "480428", "title": "", "text": "\"&gt; This is why, seriously, I think we need to get moral philosophers involved in AI projects, so we can *embed some ethics at the core*.  Am programmer. This is impossible with our current understanding of neural networks. Second only to \"\"who's morals would we use?\"\".\""}
{"_id": "480443", "title": "", "text": "Can someone who understands this part of the business explain what exactly happened and how they benefited? I have read a few articles, and I don't really understand.    I work in a bank, and seeing how some other aspects of the financial crisis were portrayed in the news, I have a feeling the whole story isn't being told. How could this have possibly gone on undetected?"}
{"_id": "480448", "title": "", "text": "\"As I pointed out in my other post to you, the 3.7T is entirely misleading, the actual quote from the article was \"\"The banks achieved this gigantic rip-off by secretly colluding to rig the public bids on municipal bonds, a business worth $3.7 trillion\"\", and there is no business on the planet worth that much. He deliberatley attaches the value of an entire asset class to banks and fraud to make it sound much worse than saying they apparently stole x million a year. Instead of reporting the actual numbers that were reported in the numerous other places I already gave you, he chose to exagerate.  The rest of his article makes the same style choices. It's sad you cannot see this by comparing his article to pretty much every other article on the topic.\""}
{"_id": "480451", "title": "", "text": "\"&gt; Welcome to the modern world, luddite.  LOL.    Ah junior... I doubt you even know what a \"\"luddite\"\" is.  And calling me one just because I'm **not** on my knees worshiping Elon Musk and begging to drink all of his PR piss as if it were Kool-Aid... that's a laugh and a half.\""}
{"_id": "480472", "title": "", "text": "Of course not. You had another job for which you earned money. What does the corporation have to do with it? Corporation is a separate entity from your person, and since it was in no way involved in the transaction - there's no justification to funnel money through it. Doing so may pierce the corporate veil and expose you to liability which you created the corporation to shield yourself from. Not to mention the tax evasion, which is the reason you are asking the question to begin with...."}
{"_id": "480475", "title": "", "text": "\"In many states banks are required to pay interest on your escrow according to this article. I know i am getting interest paid. Once your mortgage is setup with an escrow there is no way to get rid of it (only to refinance). Also nowadays many banks require you to escrow taxes and insurance. It's their way to make sure you don't default on your taxes and don't cancel insurance on \"\"their\"\" property.\""}
{"_id": "480489", "title": "", "text": "Given that a mutual fund manager knows, at the end of the day, precisely how many shares/units/whatever of each investment (stock, equity, etc.) they own, plus their bank balance,  It is calculating this given. There are multiple orders that a fund manager requests for execution, some get settled [i.e. get converted into trade], the shares itself don't get into account immediately, but next day or 2 days later depending on the exchange. Similarly he would have sold quite a few shares and that would still show shares in his account. The bank balance itself will not show the funds to pay as the fund manager has purchased something ... or the funds received as the fund manager has sold something. So in general they roughly know the value ... but they don't exactly know the value and would have to factor the above variables. That's not a simple task when you are talking about multiple trades across multiple shares."}
{"_id": "480501", "title": "", "text": "Audating Sites is one of the biggest dating websites in the Australia. Through our website, a lot of Aussie people get relationship success. So if you want to meet each other in the Australia and want to Aussie sex, then you can register on our website, and get a lot of contacts who want to meet for sex. Our all registered member is very reliable and we can put safely your information."}
{"_id": "480502", "title": "", "text": "Growers statewide have complained of a worsening labor shortage that has pushed wages up and driven them to recruit more foreign guest workers. In addition, new state rules that shorten the work week and require more overtime hours have added to costs, as have increased restrictions on the use of fumigants and other chemicals.  Long story short... We can't continue to pay slave wages for a 60hr work week while poisoning our workers, so we're out.  I ain't eating ya damn berries anyhow. Bye Felicia."}
{"_id": "480512", "title": "", "text": "IRS Publication 529 is the go-to document.  Without being a tax professional, I'd say if the dues and subscriptions help you in the running of your business, then they're deductible. You're on your own if you take my advice (or don't). ;)"}
{"_id": "480515", "title": "", "text": "\"One of two things is true: You own less than 5% of the total shares outstanding. Your transaction will have little to no effect on the market. For most purposes you can use the current market price to value the position. You own more than 5% of the total shares outstanding. You are probably restricted on when, where, and why you can sell the shares because you are considered part owner of the company. Regardless, how to estimate (not really \"\"calculate,\"\" since some of the inputs to the formula are assumptions a.k.a. guesses) the value depends on exactly what you plan to with the result.\""}
{"_id": "480532", "title": "", "text": "My point was more that I've seen, firsthand, people *not* take financial responsibility for their dependents or for themselves, and that they can't be trusted in investing in any future.  Like I keep saying though, I just wish *those* irresponsible folks didn't benefit from the social security. I wish it went to their burial costs, to the bereaving family, etc.   Personally, I have modest Life Insurance available through my employer, and I usually opt-in to any additional programs offered at open enrollment. Given I'm still in great health and in my 20's I probably ought to look into getting more/real Life Insurance, as well. Of course I'd rather be investing in my family's own wellbeing than the state of, well, the State, but for the aforementioned reasons I see benefits in the status quo model, as well."}
{"_id": "480534", "title": "", "text": "It doesn't matter if the shares are owned by an institution like an asset manager or by a retail investor like you or me - it is all counted and treated the same way in terms of the corporate actions involved (cash/stock payouts)."}
{"_id": "480555", "title": "", "text": "\"This is the only question that I see that you didn't answer yourself: Would withdrawing money from the margin account affect how the income is taxed (i.e., is the money taxed only after it is withdrawn)? The answer to this is \"\"no.\"\"  The tax is the same whether or not you withdraw money from your margin account.\""}
{"_id": "480586", "title": "", "text": "Rule of thumb, the earlier you pay down your balance, the less interest you will accrue and the faster you will pay off the debt as a whole. But lets play with some real numbers here.  You cited $5000 balance and a $750 payment, but with various bills and things adding onto the balance over the course of a month. Now if your purchases and payments add up to the same number, you are in a losing game, so for the sake of argument I am going to say you are putting $500 + interest on the card each month and making a $750 payment.  We also need an interest rate to work with, I am going to use 1%/month and 30 day months to keep the math a bit easier to follow.   You basically have two choices in this scenario, you can pay 750 a month on the card, then use it to make your $500 in purchases/other payments over time as you suggest in your question.  Or you can pay $250, and hold back $500 to make those other payments directly without running them through the card, as has been suggested in some other answers. So let us compare the two... If I start the cycle at $5000, make a $250 payment on the first day of the cycle, then have no other activity, I will have a balance of $4750 for the month and accrue $47.50 in interest at the close of the cycle.  Balance going into the next period is now $4797.50.  Carry this out for a year, and your balance at the close of the 12th cycle is $2431.79, and $431.79 of your payments went to interest. By contrast, if you pay $750 at the start of the month, then add $100 back every 6 days so that you spend $500 over the course of the cycle. You will have an average daily balance of $4466.67, which results in $44.67 in interest charges being accrued at the end of the month.  This gives you a balance of $4794.67 going into the next cycle, putting you about $3 ahead of the previous method.  Push this pattern out for a year and your ending balance is 2395.86, with 395.86 going to interest.  Resulting in a savings of ~$36 over making the smaller payment and paying cash for your other expenses.  If this happens to be a rewards card, you also have gained whatever rewards benefit it gives you. This demonstrates that by the strict numbers game, the scenario you propose should come out a small but measurable distance ahead of making a smaller payment in order to avoid putting things back on the card.  So why do so many people adamantly advise you to not do this?   Most of it has to do with psychology and risk.  The cash method does not leave any room for you to over spend.  You have shredded or locked up the credit card so it can\u2019t be used casually, and when you run out of cash, you can\u2019t spend any more.  Which forces you to pay much closer attention to where your money is going.   When you are running things through the credit card, you generally don\u2019t have that hard stop unless you are up against your credit limit, and even then most issuers are quite happy to let you go over and charge you extra fees for doing so.  So if you have this plan where you are intending to put $500 on the card in a month, then lose track of something you did early in the month, and inadvertently spend $800, you are digging yourself deeper into the hole instead of climbing your way out. There is also a risk in terms of income loss.  In the cash method, you no longer have the money to spend, and you are forced to make the hard decisions about where to allocate what you do have, making you much more likely to cut back on luxury items to preserve the necessities.  In the card method, it is easy to say \u201ceh, the card has room, I can catch up again later\u201d and not realize the mess you are causing yourself until you are in way over your head.  I personally have run all my bills through a credit card in the past so that I could have one single payment to make.  Then I was unemployed for six months, and ended up moving before I found a new job.  Everything in between, including the move, went on the card.  Next thing I know I am carrying a balance of $15k where I used to always have it paid in full.  It took roughly 10 years, including several years of working strictly in cash, to get that back under control. I currently have a card that is carrying a balance, and I am running select expenses (such as fuel and food) through it while I whittle the balance back down.  Most of my main bills are still paid directly from cash, specifically so that I don\u2019t fall back into the same trap I did before.  Even so, there were several months in the past year where the balance was creeping up instead of down, because we were not paying that close of attention to our spending.   Then my wife lost her job, and it forced us to closely evaluate where our money was going.  We still run certain things through said card, but we are much stricter about it being only those select things, and the balance is trending down again.  The main reason we are still channeling those expenses that way is because this is a cash back reward card, and we will be getting roughly $1000 back here in a couple more months."}
{"_id": "480590", "title": "", "text": "People that argue for an FTT, whether they know it or not, are directly advocating for savers to have reduced stock market returns, making it even harder to save for retirement.  Make no mistake - a financial transactions tax would disproportionately hurt middle class savers the most.  In almost every article I see advocating an FTT, the authors have a profound misunderstanding about how financial markets work.  They focus on jealousy politics (target the rich!) and dismiss the hugely detrimental effects on the market as obscure academic objections.  FFTs impose a DIRECT cost on ALL investors in four major ways: (1) larger bid/ask spreads, (2) higher volatility, (3) reduced capital mobility, and obviously (4) the tax itself.  All of these things are BAD for any investor.  Advocates for FFT essentially want the stock market to be less efficient.  Even investors that make NO trades during the year will see the returns drop on their ETFs, mutual funds, index funds, that they are accumulating for retirement.  Why?  Institutional funds (Vanguard, Fidelity, etc) churn billions of dollars during the normal course of business handling buy/sell orders, portfolio rebalancing, unit creation/elimination.  Increased bid/ask spreads make these transactions more expensive, higher volatility makes them more risky, reduced capital mobility reduces volumes available to trade, and the tax adds to the cost.  All of these effects show up as reduced returns on a typical fund.  Vanguard put the reduced returns on the order of 1% depending on fund style - in other words, hundreds of thousands of dollars in lost savings compounded over a middle class working career.  For a middle class saver, that could mean the difference between retiring at a reasonable age or never being able to retire!  But don't take my word on it.  [There are an extensive number of studies and statements from both academia and industry on this subject, all saying the same thing.](https://modernmarketsinitiative.org/topics/ftt/)  When Vanguard says an FTT will hurt investors, people should listen.  Vanguard is perhaps the most consumer friendly investment firm in history, single-handedly responsible for bringing investing costs down near zero.  They have done more for middle class investors than virtually any other firm."}
{"_id": "480593", "title": "", "text": "&gt;In the end it will be a mini-NES like console toy, to play the old Atari titles in a raspberry pi form factor.  Nothing but speculation.  I can see them doing an ARM console that plays their old games as well as mobile ones.  But it could also be something that competes with the XBox and PS."}
{"_id": "480594", "title": "", "text": "Because Individual insurance is vastly more expensive than per person business accounts  Hospital Costs are high because insurance will typically only pay out a fraction of that cost, while an individual is responsible for all  There are many things that contribute to the problem.  If we want to have a fourth world country with health care for only the super rich, that can be done, but that also has massive downsides."}
{"_id": "480598", "title": "", "text": "Bad question.  Even people choosing a 401k strategy have to choose risk over reward.  But looking at this simply, if you take a 10 year chart of Gold, you will not find any other stock or commodity that could have been invested in that would have provided you with the same results with as little volatility over this time period.  http://www.kitco.com/LFgif/au3650nys.gif"}
{"_id": "480604", "title": "", "text": "\"Ha ha ha ha ha ha ha ha ha!  Ever dealt with a scummy lawyer? A greedy real estate agent? A sketchy car mechanic?? Ever had a relative get their computer \"\"fixed\"\" by geek squad? Ever heard of a crooked cop? Did you ever elect a politician to do something... that they then didn't do? Ever have a girl turn psycho on you and accuse you of abuse? Ever seen a guy lie and cheat on his girl?   And we haven't even discussed plain old ordinary criminals that rob you with a smile as you simply try to go home one night.  Hint: people of all types routinely display poor judgement and morals. Honestly people, think about what your typing. I'm in Finance and I'll be the first to call out all the crime and BS. But stop pretending the rest of the world isn't just as corrupt.\""}
{"_id": "480620", "title": "", "text": "It is important that the content matches with the sound system that has been delivered. Make sure you check that the sound is adequately reaching to all the corners and would be audible to everyone. If you are planning to inculcate high energy music, make sure you also have a system to support it well. There has to be a placement of subwoofers to maximize the impact of the low-end effects or bass lines."}
{"_id": "480628", "title": "", "text": "Considering a CFP will likely use the same planning software as any other advisor...just hire an advisor with a clean broker check and solid educational background that doesn't come off as a sleazy sales person.   Not to say that a CFP doesn't say ANYTHING about qualifications, but really it's just a marketing ploy from a business perspective."}
{"_id": "480635", "title": "", "text": "&gt;American politics is pretty utterly fucked isn't it?  Haha, I think that's the one thing most sides can agree on.  &gt;That's interesting, and I've heard it before. Is something like this writer outlines what you are thinking? Essentially remove corporate taxes, and then tax dividends and capital gains as normal income?  Yeah I like the idea for a few reasons. Incentivizes investments in America (capital is far more mobile than labor or even capital owners), gets rid of malinvestment of tax avoidance, sticks taxation exactly where we want it (in this case capital owners instead of random incidence among labor/capital/consumers), and cuts other deadweight losses inherent in a corporate income tax.  It's really hard for me to understand why almost anyone would be against this. It's a progressive, pro-growth, anti-crony idea."}
{"_id": "480638", "title": "", "text": "Other than the possibility of minimal entry price being prohibitively high, there's no reason why you couldn't participate in any global trading whatsoever. Most ETFs, and indeed, stockbrokers allows both accounts opening, and trading via the Internet, without regard to physical location. With that said, I'd strongly advice you to do a proper research, and reality check both on your risk/reward profile, and on the vehicles to invest in. As Fools write, money you'll need in the next 6 months have no place on the stockmarket. Be prepared, that you can indeed loose all of your investment, regardless of the chosen vehicle."}
{"_id": "480646", "title": "", "text": "\"&gt; What's their benchmark for considering the deal \"\"done\"\"? Getting out employee checks with the name of the new company?   Well, there's usually about an 18-month consolidation window after the deal closes to combine operations before the market really starts wondering why you're burning through cash supporting a closed M&amp;A. That's going to include the removal and/or consolidation of redundant business units from HR, to marketing, etc.   From an IT perspective though, the business *usually* completely ignores the fact that modern white-collar businesses are essentially different formulations of businesses leveraging IT or severely underestimates how reliant they are on technology. That is, the consolidation of business units needs to include the consolidation of IT for economies of scale to be realized. It's fine and dandy to say your direct reports are being consolidated under business unit X but what if your HR program PeopleSoft and theirs is successfactors? How much time and money is that going to take to select the best system and get all of your shit in one place? Rule of thumb? 4x whatever the buisness thinks and 1.5x what the IT guy says. What about your identity platforms? What if, god forbid, you are an entirely IBM shop and the acquired company is entirely Microsoft? What about those old fuckin mainframes plenty of insurance companies and banks are keeping around? All that data needs to get moved/consolidated/etc.   I'm there to annoy the shit out of the business so when the board says \"\"did this ever come up\"\" our VPs and CIO can say \"\"yeah, here are the documents\"\" and then they start firing management. :D\""}
{"_id": "480659", "title": "", "text": "I can understand stuff like shirts, flower pots and shit that probably cost a couple cents to manufacture being cheaper in brick and mortar stores.  With that said, I've never saw a lower price on walmart for video games, high tech toys or anything substantial. In additiona, Walmart doesn't carry high end goods such as Omega watches, Shun knives and the like.  I probably buy 50% of my stuff from Amazon, 30% from Costco and 20% (clothes,shoes, etc) from else where."}
{"_id": "480664", "title": "", "text": "\"There are Cyber Security and Reporting Standards which Financial Service Provider (Banks and Financial services where customers deposit and/or transact fiat currency) You can find a comprehensive list on Wikipedia under Cyber security standards Depending on the geographic location there might be local Govt requirements such as reporting issues, data security etc. Concerning point 1. We have to differ between a fraudulent customer and an attacker on the banks infrastructure. Fraudulent customers / customers that have been compromised by third parties are identified with but not limited to credit scores and merchant databases or data from firms specialized in \"\"Fraud Prevention\"\". Attackers (Criminals that intend to steal, manipulate or spy on data) are identified/prevented/recorded by but not limited to IDS solutions and attacker databases. For firms that get compensation by insurances the most important thing is the compilant with law and have records of everything, they rather focus on recording data to backtrack attackers than preventing attacks. Concerning point 2. For you as customer the local law and deposit insurance are the most important things. Banks are insured and usually compensate customers on money theft. The authentication and PIN / TAN methods are most crucial but standard - these authentication methods consist of one password and one offline part such as a TAN from a paperletter or a RSA generator or card reader. WRAPUP: Financial institutions have to comply with local law and meet international standards. Banks use highly advanced Intrusion detection and fraud prevention which logically must be based on databases. For the average joe customer there is seldom high risk to lose deposits even if the attackers gains full access to the bank account but this depends a lot on the country you reside in. Concerning targeted attacks:\""}
{"_id": "480665", "title": "", "text": "Thank you hyper333active for voting on DuplicatesBot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "480676", "title": "", "text": "A solution to this is the person charges their car at work. It's not a solution for every person that you described. Another option is for the person to charge their vehicle while shopping for groceries using the fast charge station. I imagine most city dwellers or folks living in the inner suburbs have short commutes, 5-10 miles (a guess), that's a max of 200 miles for the work week; easily covered by the Tesla and Bolt."}
{"_id": "480691", "title": "", "text": "As stock prices have declined, the net worth of people has come down. Imagine owning a million shares of a stock worth $100/share. This is worth $100,000,000. Now, if the stock is suddenly trading at $50/share then some would say you have lost $50,000,000. The value of the stock is less. The uncertainty is always there as there are differences between one day's close and another day's open possibly. The sale price is likely to be near the last trade is what is being used here. If you place a market order to sell your stock, the price may move between the time the order is placed and when it is filled. There are limit orders that could be used if you want to control the minimum price you get though you give up that the order has to be filled as otherwise people could try to sell shares for millions of dollars that wouldn't work out well."}
{"_id": "480707", "title": "", "text": "Also the fact that it's a food store and not an electronics store that is pretty weird. Who goes to Whole Foods looking for a Farm Fresh Echo.  Is this a sign Whole Foods may be going the route of becoming a Super Market, selling everything, or is the Echo a special case?"}
{"_id": "480717", "title": "", "text": "Are you an established business owner or looking to start a new business? We, at Valis International possess expertise in providing online incorporation services. Through our online incorporation services, we let you form a company in just a few minutes. All you need is to just fill in the personal information and our service provider does the rest of the work. Through our services, we can get your business incorporated for a reasonable cost."}
{"_id": "480732", "title": "", "text": "That's true, I concede that point.  It wasn't the case in my case study, and I don't think it's the case with these gift cards, but I could be wrong, since I'm not an accountant, and I don't even have my Masters in Finance yet."}
{"_id": "480741", "title": "", "text": "\"Ok, so I know we have to agree up to at least point 4, as those are indisputable facts.  Point 5 requires no agreement, government always recommends more government as a solution.  So I must conclude you disagree with loosening FDA rules as a consequence.  But at the same time, you decry \"\"loophole shit\"\" by big pharma?  Teva WANTS to come to market with a cheap alternative, and they were PREVENTED by government for stupid reasons.  You can't have your cake and eat it too.  Why would you, a pharmacist of all people, support a government entity that imposes financial hardship on your customers for no reason?  Epinephrine can be bought for $2 per vial and there's nothing special about an autoinjector.  Eliminate the regulations and everybody can afford Epipens.\""}
{"_id": "480748", "title": "", "text": "\"The list of the public companies is available on the regulatory agencies' sites usually (for example, in the US, you can look at SEC filings). Otherwise, you can check the stock exchange listings, which show all the public companies traded on that exchange. The shareholders, on the other hand, are normally not listed and not published. You'll have to ask the company, and it probably won't tell you (and won't even know them all as many shares are held in the \"\"street name\"\" of the broker).\""}
{"_id": "480749", "title": "", "text": "You will not be able to continue filing with TurboTax if you invest in foreign funds. Form 8261 which is required to report PFIC investments is not included. Read the form instructions carefully - if you don't feel shocked and scared, you didn't understand what it says. The bottom line is that the American Congress doesn't want you do what you want to do and will punish you dearly."}
{"_id": "480751", "title": "", "text": "If company A purchased 100% of company B, yes, company B's financial results would be required by accounting rules to be consolidated into company A's financial results.  Company B being public would have no bearing on this requirement   If company A is purchasing less than 100% of company B then the answer depends on the structure of the transaction."}
{"_id": "480755", "title": "", "text": "\"Yes, your debt goes up by that amount. It becomes part of the loan, and you'll pay interest on it. That's what \"\"capitalization \"\" means. It's not a bill because you don't have to pay it. We'll, not yet\u2026\""}
{"_id": "480763", "title": "", "text": "&gt;The entire pharmaceutical industry is floated by a protectionist racket. Drugs that are in fact very cheap to make are kept artificially expensive \u2013 we have drugs that cost $1,000 a pill here in America that sell for $4 in India, for instance.  Yea, because the $4 Indian pill is a knockoff. They cant be sold here because it would violate the American drug manufacturer's patent. And if you allowed the market to flood with knockoffs, youd kill the American pharmaceutical industry. Which by the way, the rest of the world depends on. All their cheap pills you hear about are because they dont recognize our patents, and just flood the market with generics. So unsurprisingly, we subsidize the rest of the world's healthcare. Our companies spend the R&amp;D money developing the drugs. Our tax dollars fund the FDA to test the drugs. Our citizens pay for the drugs so that the pharma companies can earn a profit and R&amp;D more drugs. The rest of the world just knockoffs our creation. You want to bring down drug costs here in America? Stop subsidizing the rest of the world. Enter trade deals that recognize our drug patents overseas, just like they recognize our copyrights and trademarks. Granted, that will never happen, but in the mean time now you know why drugs cost more here than anywhere else. Because we bear the cost of developing them."}
{"_id": "480773", "title": "", "text": "Overall, I strongly recommend cashing out your savings and becoming debt free today, and then never borrowing again except for a house. Advantages: Disadvantages: My wife and I paid of all of my grad school debt last year, and we\u2019re paying off all of her grad school debt this year.  To pay that aggressively, we\u2019ve had to learn to live on a much tighter budget.  But when we\u2019re done, if we simply invest what we have been paying toward debt into the stock market, our nest egg will compound to over $10 million by the time we retire.  According to Dave Ramsey, when the Forbes 400 were polled, 75% of them cited becoming and staying debt-free as the single best way to build wealth: http://www.daveramsey.com/article/three-steps-to-wealth-building-for-young-adults/lifeandmoney_college/text4/"}
{"_id": "480791", "title": "", "text": "&gt;*The U.S. economy should aim to increase output, measures should be put in place such as corporate tax and income tax reductions,*  How about raising taxes on rich people and cutting taxes on poor people? How about raising the minimum wage? How about increasing government spending?  The solution given is just conservative [Grover Norquist Starve the Beast](https://secure.wikimedia.org/wikipedia/en/wiki/Starve_the_beast) boilerplate, and has been enacted since the early 1980s. It hasn't worked."}
{"_id": "480802", "title": "", "text": "ok...  That's not a risk of making an investment. That's the risk of an investment failing.  My point is, the workers ARE actually the ones taking the biggest risk - their lives, health, family and homes DEPEND on the companies employing them. And if those companies fail, they need a financial cushion to get them into the next job just like investors need some investments to make a profit to cushion the ones that don't. But as it stands now, the investors are getting every pillow in the land and the workers are left to hit solid rock as they fall. They aren't getting a comparable share of the profits they are making - not nearly enough to provide any sort of savings scheme anyway - when the companies and investors are rolling in profits. And that's NOT the way to a healthy society."}
{"_id": "480808", "title": "", "text": "Let me answer by parts: When a company gives dividends, the share price drops by the dividend amount.  Not always by that exact amount for many different reasons (e.g. there are transaction costs if you reinvest, dividend taxes, etc). I have tested that empirically. Now, if all the shareholders choose to reinvest their dividends, will the share price go back up to what it was prior to the dividend? That is an interesting question. The final theoretical price of the company does not need to be that. When a company distributes dividends its liquidity diminish, there is an impact on the balance sheet of the company. If all investors go to the secondary market and reinvest the dividends in the shares, that does not restore the cash in the balance sheet of the company, hence the theoretical real value of the company is different before the dividends. Of course, in practice there is not such a thing as one theoretical value. In reality, if everybody reinvest the dividend, that will put upward pressure over the price of the company and, depending on the depth of the offers, meaning how many orders will counterbalance the upward pressure at the moment, the final price will be determined, which can be higher or lower than before, not necessarily equal. I ask because some efts like SPY automatically reinvest dividends. So what is the effect of this reinvestment on the stock price? Let us see the mechanics of these purchases. When a non distributing ETF receives cash from the dividends of the companies, it takes that cash and reinvest it in the whole basket of stocks that compose the index, not just in the companies that provided the dividends. The net effect of that is a small leverage effect. Let us say you bought one unit of SPY, and during the whole year the shares pay 2% of dividends that are reinvested. At the end of that year, it will be equivalent to having 1.02 units of SPY."}
{"_id": "480811", "title": "", "text": "Knowing the answer to this question is generally not as useful as it may seem.  The stock's current price is the consensus of thousands of people who are looking at the many relevant factors (dividend rate, growth prospects, volatility, risk, industry, etc.) that determine its value.  A stock's price is the market's valuation of the cash flows it entitles you to in the future.  Researching a stock's value means trying to figure out if there is something relevant to these cash flows that the market doesn't know about or has misjudged.  Pretty much anything we can list for you here that will affect a stock's price is something the market knows about, so it's not likely to help you know if something is mispriced.  Therefore it's not useful to you. If you are not a true expert on how important the relevant factors are and how the market is reacting to them currently (and often even if you are), then you are essentially guessing.  How likely are you to catch something that the thousands of other investors have missed and how likely are you to miss something that other investors have understood?  I don't view gambling as inherently evil, but you should be clear and honest with yourself about what you are doing if you are trying to outperform the market. As people become knowledgeable about and experienced with finance, they try less and less to be the one to find an undervalued stock in their personal portfolio.  Instead they seek to hold a fully diversified portfolio with low transactions costs and build wealth in the long term without wasting time and money on the guessing game.  My suggestion for you is to transition as quickly as you can to behave like someone who knows a lot about finance."}
{"_id": "480815", "title": "", "text": "The reason the article recommends a Roth 401k for those who have a long time until retirement is based on your salary, marginal tax rates, and effective tax rates and some assumptions. You want to contribute to Roth IRAs when your marginal tax rate now is better than your effective tax rate at the time of withdrawal.  That is most likely to be true when your salary is smaller (for you) and your salary is most likely to be smaller (compared to your future salaries) when you have more years until retirement. The article is presenting a rule of thumb.   It won't hold true for everyone in every situation."}
{"_id": "480817", "title": "", "text": "\"Depth of analysis IS my strong suit. You just showed one level in your example. I grew up in Florida by Sea Ray and watched my friends lies jobs when Clinton started \"\"punishing the rich\"\" with luxury taxes.  They sure didn't care that the rich were getting theirs. They were concerned that their boat building/selling/painting/whatever job had just let them go.  But you have to dig down to understand that. ;-)\""}
{"_id": "480827", "title": "", "text": "So basically, if you have a large savings account and are not investing... (because banks are actually a very poor way to get returns on capital), they will invest it for you...   The take home I'm getting is... invest your money, and leave it out of the banks."}
{"_id": "480850", "title": "", "text": "You mean Gary Johnson, he was not a libertarian, he was a republican.  He also left New Mexico dependent on the federal government, [they are just now fixing that](http://www.bizjournals.com/albuquerque/news/2012/10/02/martinez-nm-must-reduce-economic.html?page=all).  Libertarians advocate for privatizing all basic infrastructure and eliminating all forms of social welfare.  What Gary Johnson did was cut spending on those at a state level knowing the federal government would pick up the slack like they did in the Southern states.  New Mexico went from being tax positive with the federal budget to massively depending upon it.        The point is they will be, because you are the fringe of the fringe and mean nothing to the political process.  Your opinions are a drop of ink in an ocean.  Change them and contribute among the vast, vast majority of Americans who believe in a nation state or knowingly continue spouting your ideology which will amount to nothing."}
{"_id": "480871", "title": "", "text": "Setting up new markets in Europe is really easy. In fact there are way too many of them now. That's not to say anybody would use your market though, if you were to have odd rules they didn't like or understand."}
{"_id": "480879", "title": "", "text": "&gt; The only problem I see with stock options is that they expire  You're on to something: the reason why some prefer to write (sell) options instead of buying. Neutral to bullish on crude oil? Sell puts on /CL at 90-95% probability OTM. You keep your money if the underlying moves up or does nothing, within the days to expiration."}
{"_id": "480880", "title": "", "text": "Obama had eight full years to enact a growth policy, while many of his predecessors never had two complete terms. George H.W. Bush and Jimmy Carter had just four years each, Gerald Ford had less than three years and Richard Nixon had five."}
{"_id": "480881", "title": "", "text": "There are a few differences:"}
{"_id": "480887", "title": "", "text": "In theory, yes, it makes sense to sell your current bonds in pursuit of higher yields. In practice, there are a lot of smart people out there who own bonds, and the market is very efficient, so you won't see opportunities to trade new bonds for old bonds with better yields from the same issuer. If you do find someone willing to buy your old bond for a higher amount, it probably points to a change in the contract that the new bonds were issued under. (see Argentina for an example)"}
{"_id": "480910", "title": "", "text": "Penny stocks are only appealing to two types of investors: Most of the beginners who invest in penny stocks only do so because they don't have a lot of money to invest in the marketplace while starting out, or they would otherwise like to avoid investing their savings into penny stocks. * If you are a beginning investor - do NOT invest in Penny Stocks *"}
{"_id": "480917", "title": "", "text": "To address the travelers checks question: waste of time and money. I did this years ago, the fees were outrageous, it was a hassle to find some place to cash them, and in the end you're carrying cash anyway. Otherwise do what orokusaki said."}
{"_id": "480924", "title": "", "text": "There isn't one. I haven't been very happy with anything I've tried, commercial or open source. I've used Quicken for a while and been fairly happy with the user experience, but I hate the idea of their sunset policy (forced upgrades) and using proprietary format for the data files. Note that I wouldn't mind using proprietary and/or commercial software if it used a format that allowed me to easily migrate to another application. And no, QIF/OFX/CSV doesn't count. What I've found works well for me is to use Mint.com for pulling transactions from my accounts and categorizing them. I then export the transaction history as a CSV file and convert it to QIF/OFX using csv2ofx, and then import the resulting file into GNUCash. The hardest part is using categories (Mint.com) and accounts (GnuCash) properly. Not perfect by any means, but certainly better than manually exporting transactions from each account."}
{"_id": "480940", "title": "", "text": "I'm going to need to take a minute to let this all sink in.    I was trying to digest all the bullets. Then I watched the last video you linked. I watched it like three times, kept rewinding it.   I'm going to have to favorite this page so I can come back with a fresh mental state, wow.."}
{"_id": "480944", "title": "", "text": "Looking for the best driving school in Castle Hill? Safe Driving School is right here for you. If you are looking for a beginner, advanced or professional course, we offer it all.  Address: 9, 103-105 Lane Street, Blacktown, NSW 2148,  Ph.No: 0404052557"}
{"_id": "480949", "title": "", "text": "\"It is true, as farnsy noted, that you generally do not know when stock that you're holding has been loaned by your broker to someone for a short sale, that you generally consent to that when you sign up somewhere in the small print, and that the person who borrows has to make repay and dividends. The broker is on the hook to make sure that your stock is available for you to sell when you want, so there's limited risk there. There are some risks to having your stock loaned though.  The main one is that you don't actually get the dividend.  Formally, you get a \"\"Substitute Payment in Lieu of Dividends.\"\"  The payment in lieu will be taxed differently.  Whereas qualified dividends get reported on Form 1099-DIV and get special tax treatment, substitute payments get reported on Form 1099-MISC. (Box 8 is just for this purpose.)  Substitute payments get taxed as regular income, not at the preferred rate for dividends. The broker may or may not give you additional money beyond the dividend to compensate you for the extra tax. Whether or not this tax difference matters, depends on how much you're getting in dividends, your tax bracket, and to some extent your general perspective. If you want to vote your shares and exercise your ownership rights, then there are also some risks.  The company only issues ballots for the number of shares issued by them.  On the broker's books, however, the short sale may result in more long positions than there are total shares of stock. Financially the \"\"extra\"\" longs are offset by shorts, but for voting this does not balance. (I'm unclear how this is resolved - I've read that the the brokers essentially depend on shareholder apathy, but I'd guess there's more to it than that.) If you want to prevent your broker from loaning out your shares, you have some options:\""}
{"_id": "480964", "title": "", "text": "You can ask for 305rs, but as long as shares are available at lower prices you won't sell. Only when your ask becomes the lowest available price will someone buy from you. See many past questions about how buyers and sellers are matched by the market."}
{"_id": "480967", "title": "", "text": "\"Aganju has mentioned put options, which are one good possibility. I would suggest considering an even easier strategy: short selling.  Technically you are borrowing the stock from someone and selling it.  At some point you repurchase the stock to return to the lender (\"\"covering your short\"\").  If the stock price has fallen, then when you repurchase it, it will be cheaper and you keep the profit. Short selling sounds complicated but it's actually very easy--your broker takes care of all the details.  Just go to your brokerage and click \"\"sell\"\" or \"\"sell short.\"\"  You can use a market or limit order just like you were selling something you own.  When it sells, you are done.  The money gets credited to your account.  At some point (after the price falls) you should repurchase it so you don't have a negative position any more, but your brokerage isn't going to hassle you for this unless you bought a lot and the stock price starts rising.  There will be limits on how much you can short, depending on how much money is in your account.  Some stocks (distressed and small stocks) may sometimes be hard to short, meaning your broker will charge you a kind of interest and/or may not be able to complete your transaction. You will need a margin account (a type of brokerage account) to either use options or short sell.  They are easy to come by, though. Note that for a given amount of starting money in your account, puts can give you a much more dramatic gain if the stock price falls.  But they can (and often do) expire worthless, causing you to lose all money you have spent on them.  If you want to maximize how much you make, use puts.  Otherwise I'd short sell. About IPOs, it depends on what you mean.  If the IPO has just completed and you want to bet that the share price will fall, either puts or short selling will work.  Before an IPO you can't short sell and I doubt you would be able to buy an option either. Foreign stocks?  Depends on whether there is an ADR for them that trades on the domestic market and on the details of your brokerage account.  Let me put it this way, if you can buy it, you can short sell it.\""}
{"_id": "480982", "title": "", "text": "\"Support and resistance points indicate price levels where there have been a large amount of trading activity, usually from institutions, that tend to stabilize the price of a stock. Support is a temporary FLOOR, where people have been buying in large quantities. That means there's a good chance that the stock won't go below this level in the near term. (But if it does, watch out.) Resistance is a temporary CEILING where people have been selling. When the stock price hits this level, people tend to sell, and push it back down. Until there are \"\"no more\"\" sellers at this level. Then the price could skyrocket if there is enough buying.\""}
{"_id": "480984", "title": "", "text": "Why wouldn't one of the existing crowdsourcing systems meet your needs? Yes, they charge a commission, but they have already addressed the issues you raise and specifically they provide the third-party accounting you want."}
{"_id": "480988", "title": "", "text": "That is not completely true. Many of these companies use public easements or have had public funds invested in them.  And the infrastructure would continue to be privately owned, there would just be some regulations placed on how they can operate it."}
{"_id": "480992", "title": "", "text": "\"Subchapter S Corporations are a special type of corporation; the difference is how they are taxed, not how they relate to their vendors or customers.  As a result, they are named the same way as any other corporation. The rules on names of corporations vary by state.  \"\"Corporation\"\" and \"\"Incorporated\"\" (and their abbreviations) are allowed by every state, but some states allow other names as well.  The Wikipedia article \"\"Types of business entity\"\" lists an overview of corporation naming rules for each state. The S-Corp that I work for has \"\"Inc.\"\" at the end of its name.\""}
{"_id": "481001", "title": "", "text": "\"Everyone who's giving a definite answer is just wrong - we just don't have enough information.  It depends on what these \"\"certificates\"\" say and what OP signed.    For all we know these are partnership agreements - or any old shit that some lawyer came up with.    Without seeing what, if anything, OP signed we're simply guessing as to what OP's legal and financial liability might be.\""}
{"_id": "481012", "title": "", "text": "The broad accumulation of feline themed clothing and extras at catsforlife.co will abandon you kitty-feline bewildered! This feline themed online store has all your form necessities including sleek feline tights cat legging. These tight-fitting, stretchy stockings are an adaptable bit of attire that can be combined with executioner heels for a night out or with a games bra to the rec center. Tights have surprised the ladies mold industry and are a closet must-have that will enhance your solace and style."}
{"_id": "481014", "title": "", "text": "\"The answer to your first question is true. No tax on withdrawls. Under these circumstances, the withdrawl is \"\"qualified\"\". To your second question, as long as the withdrawl is qualified, it is not taxed, regardless of your additional income. http://www.investopedia.com/articles/retirement/03/030403.asp?lgl=rira-baseline-vertical has a very comprehensive, plain English, description of the IRS rules (as of today, anyway).\""}
{"_id": "481018", "title": "", "text": "Very true.  Lawyers, Accountants, IT people, and linguists are all in high demand at the FBI these days.  And linguists not just for anti-terrorism these days, either.  It didn't catch all of the public eye, but Obama has taken a pretty hard stance on international organized crime."}
{"_id": "481021", "title": "", "text": "Cash Advance Plus will be of use to you as long as you pay attention to how much you owe and when it is due. If you take these steps, you\u2019ll be ready for an Eastside Lenders payday loan or a Zoom payday loan. In fact, you may find yourself feeling ready for just about anything."}
{"_id": "481028", "title": "", "text": "\"Statistics are often tough to grasp. Specifically, we need to understand the exact context and implication of the data and how it's presented. An example - I look at real estate sales data for a given town, and find that for   the last 10 years, the average sale price has dropped, 3%/yr, every   year for these 10. What can I conclude?  Now, to your data. You don't mention age.  When we look at this chart, combined with the next -  The picture, while still bleak, is at least more clear. Nearly half of pre-retirees have no \"\"retirement\"\" savings. If that lower half is running close to zero, the average for the upper half is nearly twice the reported $164K.  Even now, there are important bits going unaddressed. People who have had no access to retirement accounts, either through lack of company availability, or self-employeds who just ignored them, may very well have saved outside of retirement-labled accounts. You can see these graphs are tracking only 401(k), IRA, and Keogh accounts.  Last, social security for the $30K earner will replace nearly half their working income at retirement, almost 65% if they work till 70. I don't advocate counting on SS for the entirety of one's retirement income, but the way SS benefits are structured, replacement benefits are far higher (as a percent) for lower wage workers, as the system intended.  To conclude, median alone is too small a data point to be useful, in my opinion. This kind of information presented in these charts is far more preferable to get a fuller picture.\""}
{"_id": "481036", "title": "", "text": "There is no contradiction that social networks are an important part of the brand, and when you buy Instagram Follower and I like it, you can push your business to the next level. Buy followers and I like Instagram that help make your business and your reputation grow faster than ever. Instagram is a social networking platform that allows users to share content only with images. This is a motivating concept for companies simply because the images allow you to keep your logos and services much more chromatic."}
{"_id": "481052", "title": "", "text": "\"You should check if your card issuer provides a \"\"Bill Pay\"\" service. I have a CapitalOne card, and I know they don't. But Wells Fargo may, I don't know. However, for that to work your biller must accept credit cards as payments, at least that's the restriction I have with such a feature on my USBank card. That means, that if the company doesn't accept credit cards directly - they're likely not to participate in the credit cards' bill-pay system as well. Some credit cards are actually mailing these balance transfer checks quite frequently trying to \"\"seduce\"\" you into taking advantage of your available credit. Unless you really don't have any other choice - you shouldn't. But if that's the only way you have of paying - go for it. That willwill not be treated as a cash advance but rather as balance transfer. You can call the customer service and have them a check mailed to you. You may want to consider talking to your bank and checking if they can give you a line of credit. That would be similar to the credit card (i.e.: revolving credit line) from your credit report/score perspective, but may have lower interest rates.\""}
{"_id": "481063", "title": "", "text": "\"It's been a short while since I sold on eBay, but I had a feedback rating of about 4,500 so I've done a lot of transactions. The trump card is, and always will be, the buyer's ability to contact their credit card company and reverse the charges.  PayPal has no policy to stop this even though they claim to \"\"vigorously defend Sellers from chargebacks\"\" on their website.  You will lose this case 100% of the time.  I don't see how that will change if you have your own terminal.  The Buyer can still reverse the charges.  Since you know the card number maybe you can contact his credit card company but it's probably not going to do much. I've found PayPal is more Seller friendly in terms of PayPal claims.  For example, the customer has a duty to pay postage to return the product and that's a cost for him.  You also have things like online tracking which shows delivery and PayPal has an IP log to see where the payments are coming from.  That helped me when a buyer claimed that someone else made the payment.  Because people often break into someone's house and make PayPal payments for them....heh. You really just need to use PayPal.  You'll get more customers and better prices and it will offset the losses from scammers.  Also, about 99% of buyers are honest people.  Consider the scammers a cost of doing business and keep making money off of the good Buyers.  If you're just pissed off that people actually scammed you, get over it.  Don't cut off your nose to spite your face.  It's just part of doing business on eBay.\""}
{"_id": "481064", "title": "", "text": "Good analysis/point, except you're missing the fact that most pensions allocate only a tiny fraction of their overall portfolios to hedge funds. So say you have a $2 billion pension fund, maybe $50 million of that is hedge funds. So basically, yes the pools of money will get smaller, but there's a lot of the overall pie that the hedge funds aren't eating (yet)."}
{"_id": "481070", "title": "", "text": "An expired option is a stand-alone event, sold at $X, with a bought at $0 on the expiration date.  The way you phrased the question is ambiguous, as 'decrease toward zero' is not quite the same as expiring worthless, you'd need to buy it at the near-zero price to then sell another covered call at a lower strike.  Edit - If you entered the covered call sale properly, you find that an in-the-money option results in a sale of the shares at expiration. When entered incorrectly, there are two possibilities, the broker buys the option back at the market close, or you wake up Sunday morning (the options 'paperwork' clears on Saturday after expiration) finding yourself owning a short position, right next to the long. A call, and perhaps a fee, are required to zero it out.  As you describe it, there are still two transactions to report, the option at $50 strike that you bought and sold, the other a stock transaction that has a sale price of the strike plus option premium collected."}
{"_id": "481091", "title": "", "text": "They're developing a way for homeowners to buy and sell their property online without the use of a realtor therefore saving themselves the user thousands of dollars on commission charges. They educate the user as well as provide the forms needed for free. If a service is needed, like an escrow company or appraisal, they suggest a few."}
{"_id": "481102", "title": "", "text": "It claims to own a large portion of your income and also claims the right to make it illegal for you to work without its permission. There for everything you have comes from the state first. It lays claim to all land and demands a tithe every year from the property that you think you own. Is there anything that you have the right to deny the state from seizing or taxing? And is that right able to be removed at any time just by changing the law? Every right you have as a built in exemption that allows the state to take it away."}
{"_id": "481114", "title": "", "text": "I'm guessing you're asking about the US. Please add a location tag to your question.  Unfortunately you cannot claim expenses paid for someone other than yourself or your dependents. In IRS publication 970, that deals with education credits, they give the following guidance: Expenses paid by others.   Someone other than you, your spouse, or   your dependent (such as a relative or former spouse) may make a   payment directly to an eligible educational institution to pay for an   eligible student's qualified education expenses. In this case, the   student is treated as receiving the payment from the other person and,   in turn, paying the institution. If you claim an exemption on your tax   return for the student, you are considered to have paid the expenses. Also, you should keep the gift tax in mind: your help to your friend is only exempt from gift tax if you pay the tuition directly (i.e.: you write the check to the school cashier, not to your friend). If you give the money to your friend, it is subject to gift tax (which you have to pay). In some cases, someone who is not family may in fact qualify to become your dependent. For that he must live with you (in the same household), and be supported by you and not have any significant income. If that's the case with you and your friend, you might be able to claim him as a dependent and get some significant tax benefits, including the education credits. Consult your tax adviser if its relevant to your situation."}
{"_id": "481136", "title": "", "text": "um, no.   In a lot of ways, apple is much worse than MS with its proprietary everything.   MS will run on anything as will Linux.   Apple is truly great if you want new shiny, but I am less than impressed with its actual functionality in some ways.  I would personally use Linux on the desktop if I were going away from MS."}
{"_id": "481137", "title": "", "text": "\"Of course it counts - it's privatization of work the military would otherwise have to do themselves. You're right that most of the contractors aren't pulling triggers but I don't think that's the right measure. Is 16% of contractors, &gt;10 thousand people, working in \"\"security\"\" not privatization?     Type of Work Performed by Contractors  Contractors perform a wide range of services in Iraq. As of March 2011, approximately 39,000 personnel (61% of contractors) performed base support functions such as maintaining the grounds, running dining facilities, and performing laundry services (see Figure 8). Security was the second most common service provided, with approximately 10,500 personnel (16% of contractors). Combined, these two categories accounted for almost 80% of DOD contractors in Iraq.  Source: http://psm.du.edu/articles_reports_statistics/data_and_statistics.html\""}
{"_id": "481148", "title": "", "text": "We have unprecedented levels of income inequality in the US now, even surpassing the Gilded Age, so yeah ... it is a new thing to this degree.  This is only the beginning, too ... things are going to get real interesting here."}
{"_id": "481165", "title": "", "text": "\"The good news about maintenance is that there's much less scheduled maintenance because the cars are mechanically much simpler. See the official service schedule. Most of it is just \"\"rotate tires / replace cabin air filter\"\". The brake and suspension systems are very similar to those of a normal car and require comparable maintenance. The bad news is the battery will decay over time and is a major component of the cost of the car. From that link: In the UK, the LEAF\u2019s standard battery capacity loss warranty is for   60,000 miles or five years So you should factor your warrantied battery lifetime into the depreciation calculation. I don't think there are going to be many ten- or twenty- year old electric cars from the current crop in 2030 or 2040 as they're still improving dramatically year-on-year. (Slightly too long for a comment, slightly too short for a proper answer)\""}
{"_id": "481166", "title": "", "text": "The indication is based on the average Buy-Hold-Sell rating of a group of fundamental analysts. The individual analysts provide a Buy, Hold or Sell recommendation based on where the current price of the stock is compared to the perceived value of the stock by the analyst.  Note that this perceived value is based on many assumptions by the analyst and their biased view of the stock. That is why different fundamental analysts provide different values and different recommendations on the same stock. So basically if the stock's price is below the analyst's perceived value it will be given a Buy recommendation, if the price is equal with the perceived value it will be given a Hold recommendation and if the price is more than the perceived value it will be given a Sell recommendation. As the others have said this information IMHO is useless."}
{"_id": "481169", "title": "", "text": "Firstly a stock split is easy, for example each unit of stock is converted into 10 units.  So if you owned 1% of the company before the stock split, you will still own 1% after the stock split, but have 10 times the number of shares.   The company does not pay out any money when doing this and there is no effect on tax for the company or the share holder. Now onto stock dividend\u2026 When a company make a profit, the company gives some of the profit to the share holders as a dividend; this is normally paid in cash.  An investor may then wish to buy more shares in the company using the money from the dividend.      However buying shares used to have a large cost in broker charges etc. Therefore some companies allowed share holders to choose to have the dividend paid as shares.   The company buys enough of their own shares to cover the payout, only having one set of broker charges and then sends the correct number of shares to each share holder that has opted for a stock dividend.  (Along with any cash that was not enough to buy a complete share.) This made since when you had paper shares and admin costs where high for stock brokers.   It does not make sense these days. A stock dividend is taxed as if you had been paid the dividend in cash and then brought the stock yourself."}
{"_id": "481176", "title": "", "text": "\"We have what we call \"\"unallocated savings\"\" that go into a fund for this purpose. We'll also take advantage of \"\"6 months no interest\"\" or similar financing promotions, and direct this savings towards the payments.\""}
{"_id": "481183", "title": "", "text": "&gt; correction. walmart hires them because they have a low marginal utility undeserving of a higher wage.  Good point Schrute.  Except that we're talking about people, not animals.  Guess what, making money hand over fist and being a tightwad about wages isn't sticking to some principle, it's just you being a greedy, avaricious asshole.  There are plenty of success stories that don't involve squeezing everyone in your supply chain plus your American workers as hard as you can so as to maximize the profits of a very few at the top.  Does everyone in the Wal-Mart family, everyone with the last name Walton, really need to be a multi-billionaire 20x over? Do their CEO's and other execs really deserve 1000x more pay than their workers? Why is it that Costco, Starbucks, Microsoft, Trader Joes, Ben and Jerry's, etc, can all take good care of their workers, or at least better care, and still be considered successful?   There's this insane idea floating around Republican circles that the only way to really make it in business is to fuck everyone below you as hard and as fast as you can otherwise you aren't really as 'successful' as you could be.  It's just an infantile view of socio-economics and it deserves to be shamed.    Wal-Mart could very easily raise wages and offer healthcare and benefits and still be a very successful and powerful company.  No one is saying they need to pay crazy wages or lose money offering insane benefits or what have you.  Just that they should take a little bit better care of their workers, that's all.   They choose to act from the notion that the floor workers are dirt to be exploited, rather than an asset that helps the company succeed.  It's backwards, dickish thinking and it's finally becoming an issue for public debate, thank fuck."}
{"_id": "481194", "title": "", "text": "but the flat would be occupied all the time. Famous last words. Are you prepared to have a tenant move in, and stop paying rent? In the US, it can take 6 months to get a tenant out of the apartment and little chance of collecting back rent. I don't know how your laws work, but here, they do not favor the landlord.  The tiny sub 1% profit you make while funding principal payments is a risky proposition. It seems to me that even normal repairs (heater, appliances, etc) will put you to the negative.  On the other hand, if this property has bottomed in terms of price and it rises in value, you may have a nice profit. But if you are just renting it out, it feels like it's too close to call.  By the way, if you can go with a 30yr fixed, I'd suggest that. This would get you to a better cash flow sooner. A shorter mortgage simply means more money to principal each month.  EDIT - as far as equity goes, at the beginning it seems the equity build up is really from your pocket, definitely so by switching from the 30 to the 15. What is your goal? The assumption I may have made is you wish to be a real estate investor with multiple properties. Doing so means saving up for the next down payment. Given the payoff time even if the property ran a high profit, I imagine you'd want to focus on cash flow, minimize the monthly expense, maximize what you can take each month to save for the next down payment. It's your choice, years from now to have one paid property, or 3 properties each with that 30% down payment, and let time be your friend."}
{"_id": "481203", "title": "", "text": "Converting the comment from @MD-Tech into answer How or where could I find info about publicly traded companies about how stock owner friendly their compensation schemes are for their board and officers? This should be available in the annual report, probably in a directors' remunerations section for most companies"}
{"_id": "481209", "title": "", "text": "Yes. Of course, you still need to take into the account the trade costs (fees paid to the broker), these are not going anywhere. Basically what it means is that you don't have to worry about long/short holding period within the IRA, they're all the same. It doesn't mean that long term trading is better or worse to have outside the scope of IRA, it just means that the concept doesn't exist inside."}
{"_id": "481211", "title": "", "text": "Are you writing code for any particular platform? Can you say more specifically what your software does?  I'm interested in software development myself, and do a little freelance PHP/MySQL development along with general web design (web design is putting me through college, but I don't want to do it forever.), and I'd be very interested in learning how I could tie that into a finance career."}
{"_id": "481213", "title": "", "text": "\"&gt; Every company with a \"\"Strong Culture\"\" Ie Office bars and happy hours, nap rooms, pool tables, zen/mediating rooms, etc,etc seem to be the most successful. Its unfortunate that they people pay for no work/life balance... but at least they get to get drunk in the office...  I think most people (most serious folks at  least) realize that there's a number of elements to culture beyong a ping pong table. I've worked at a number of large and small tech companies, and there's zero doubt that a shitty company culture with pong and kegs is still a shitty company culture. It's a lazy shorthand for observes (and some management teams too).   When I was younger, and before I got into management,  I used to think that those things were what culture was primairly about. Not so much anymore.\""}
{"_id": "481226", "title": "", "text": "The British didn't choose to stay away, they were forced out (as was Sweden) by their fucked up policies and being unable to defend their peg against the (trading only at the time) euro currency.    They lost a fuckload in the process and when it became apparent that those that understand market arbitrage wouldn't let up (what killed Mexico/Argentia Peso as well), they backed out."}
{"_id": "481235", "title": "", "text": "Do you think we will go through a long period of closures due to Amazons growth and competition, followed by market demand for in store purchasing, and potentially dwindling Amazons success, causing struggle due to all of their invested overhead? This cycle would of course take years just as retail has been impacted."}
{"_id": "481241", "title": "", "text": "One thing about Loaded Cafe is that you will receive 5 star service. Our family friendly waitstaff are proud of Loaded Cafe and trust the quality of the food. All this translates into a wonderful customer experience and it shows on Yelp!"}
{"_id": "481283", "title": "", "text": "Eric is right regarding the tax, i.e. ordinary income on discount, cap gain treatment on profit whether long term or short.  I would not let the tax tail wag the investing dog. If you would be a holder of the stock, hold on, if not, sell. You are considering a 10-15% delta on the profit to make the decision.  Now. I hear you say your wife hasn't worked which potentially puts you in a lower bracket this year. I wrote Topping off your bracket with a Roth Conversion which would help your tax situation long term. Simply put, you convert enough Traditional IRA (or 401(k) money) to use up some of the current bracket you are in, but not hit the next. This may not apply to you, depending on whether you have retirement funds to do this. Note - The cited article offers numbers for a single person, but illustrates the concept. See the tax table for the marginal rates that would apply to you."}
{"_id": "481284", "title": "", "text": "Typically that applies if the broker Form 1099-B reports an incorrect basis to the IRS.  If the Form 1099-B shows incorrect basis relative to your records, then you can use 8949, column (g) to report the correct basis.  The 8949 Instructions provide a brief example. http://www.irs.gov/pub/irs-prior/i8949--2013.pdf Although you have an obligation to report all income, and hence to report the true basis, as a practical matter this information will usually be correct as presented by the broker.  If you have separate information or reports relating to your investments, and you are so inclined, then you can double-check the basis information in your 1099-B. If you aren't aware of basis discrepancies, then the adjustments probably don't apply to you and your investments can stick to Schedule D."}
{"_id": "481293", "title": "", "text": "Prepaid Legal is a publicly traded company worth over $600M. They've been around for years. So it's not a fly-by-night operation. I don't know enough to comment on whether their kind of MLM is legal."}
{"_id": "481296", "title": "", "text": "\"One thing people are missing is that you may not be eligible to contribute to a Roth IRA based on your MAGI. There are income \"\"phaseout\"\" ranges which determine how much, if it all you can contribute.\""}
{"_id": "481298", "title": "", "text": "Stop orders and stop limit orders typically do not execute during extended hours after the general market session has closed. Stop orders are market orders and market orders especially are not executed during extended hours. Although there are exceptions because a broker can say one thing and do another thing with the way order types are presented to customers vs what their programming actually does. The regulatory burden is a slap on the wrist, so you need to ask the broker what their practices are. Orders created during normal market hours do not execute in extended sessions, different orders would have to be made during the extended session. Your stop order should execute if the normal market hour price stays below your stop price. So a stop limit would actually be worse here, because a stop limit will create a limit order which may never get hit (since it is above the best bid best ask)"}
{"_id": "481308", "title": "", "text": "You need to understand that your decorative style will dictate your colour scheme and also the overall feel of your house no matter which style or design you choose, your idea should be to enhance the existing home designs Queensland given to you by new home builders NSW."}
{"_id": "481312", "title": "", "text": "\"A bond fund will typically own a range of bonds of various durations, in your specific fund: The fund holds high-quality long-term New York municipal bonds with an   average duration of approximately 6\u201310 years So through this fund you get to own a range of bonds and the fund price will behave similar to you owning the bonds directly.  The fund gives you a little diversification in terms of durations and typically a bit more liquidity.  It also may continuously buy bonds over time so you get some averaging vs. just buying a bond at a given time and holding it to maturity.  This last bit is important, over long durations the bond fund may perform quite differently than owning a bond to maturity due to this ongoing refresh.  Another thing to remember is that you're paying management fees for the fund's management. As with any bond investment, the longer the duration the more sensitive the price is to change in interest rates because when interest rates change the price will track it. (i.e. compare a change of 1% for a one year duration vs. 1% yearly over 10 years) If I'm correct, why would anyone in the U.S. buy a long-term bond fund   in a market like this one, where interest rates are practically   bottomed out? That is the multi-trillion dollar question.  Bond prices today reflect what \"\"people\"\" are willing to pay for them.  Those \"\"people\"\" include the Federal Reserve which through various programs (QE, Operate Twist etc.) has been forcing the interest rates to where they want to see them.  If no one believed the Fed would be able to keep interest rates where they want them then the prices would be different but given that investors know the Fed has access to an infinite supply of money it becomes a more difficult decision to bet against that.  (aka \"\"Don't fight the Fed\"\").  My personal belief is that rates will come up but I haven't been able to translate that belief into making money ;-)  This question is very complex and has to do not only with US policies and economy but with the status of the US currency in the world and the world economy in general.  The other saying that comes to mind in this context is that the market can remain irrational (and it certainly seems to be that) longer than you can remain solvent.\""}
{"_id": "481318", "title": "", "text": "Nope, we don't have cable, and we are able to watch it on Xbox Live for no additional charge. But our internet provider is CenturyLink, so I think that has something to do with it. It took them a long time to get it though, so just keep calling Time Warner to complain!"}
{"_id": "481320", "title": "", "text": "define 'should be'? according to what? according to who?  Apple and Microsoft both have the strategy of enough money in the bank to fund their operations for a long time with no revenue or profit. As a safety net for the future of the company. I presume Facebook and Google are thinking something similar."}
{"_id": "481322", "title": "", "text": "&gt;While I agree that luck has something to do with it, most of the successful business owners also put in crazy long hours and submitted themselves to huge financial risk in order to get their businesses started.  People with failed businesses also often put in crazy long hours and submit themselves to huge financial risk. That's what you have to do just to start a business. It doesn't predict success."}
{"_id": "481339", "title": "", "text": "There's an odd anomaly that often occurs with shares acquired through company plans via ESPP or option purchase. The general situation is that the share value above strike price or grant price may become ordinary income, but a sale below the price at day the shares are valued is a capital loss.  e.g. in an ESPP offering, I have a $10 purchase price, but at the end of the offering, the shares are valued at $100. Unless I hold the shares for an additional year, the sale price contains ordinary W2 income. So, if I see the shares falling and sell for $50, I have a tax bill for $90 of W2 income, but a $50 capital loss. Tax is due on $90 (and for 1K shares, $90,000 which can be a $30K hit) but that $50K loss can only be applied to cap gains, or $3K/yr of income.  In the dotcom bubble, there were many people who had million dollar tax bills and the value of the money netted from the sale couldn't even cover the taxes. And $1M in losses would take 300 years at $3K/yr.  The above is one reason the lockup date expiration is why shares get sold. And one can probably profit on the bigger companies stock.  Edit - see Yelp down 3% following expiration of 180 day IPO lock-up period, for similar situation."}
{"_id": "481342", "title": "", "text": "\"&gt;The problem the C suite is now realizing is this:   I don't think they fully realize it... not yet. They might be *beginning* to get the tiniest bit of a clue.  &gt;Once the baby boomers leave, that \"\"shortage\"\" will drive up prices/wages for those with the necessary skills. It always happens when there is a labor shortage (revisit the .com boom of the late 90's).  The thing is, what will REALLY increase is the cost of labor \"\"serving\"\" the demographic bulge of retired/dying boomers.  Nursing Home Attendant: *\"\"Oh, I'm sorry Mr. Baby Boomer, you want your bedpan cleaned TWICE a day? My, my you must be made of money, because that'll be an additional $100k a year -- 3 months in advance of course. And you say you want a sponge bath EVERY WEEK and not just once a month? Well, that'll be an extra $50k a year... again, paid in advance of course. (Oh, and as a hint -- if you want them to do a good job and be nice to you while they bather you -- well, it's always a good idea to slip your sponge bath nurse a $100 tip each time; otherwise, they can be a bit crude &amp; rough you know; it's just so hard to find and keep good employees these days.)\"\"*\""}
{"_id": "481350", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-02/-i-had-to-choose-for-my-family-thousands-fleeing-puerto-rico) reduced by 89%. (I'm a bot) ***** &gt; &amp;quot;If people continue to leave the island at the pace that has been set in recent years, the economic potential of Puerto Rico will only continue to deteriorate,&amp;#039;&amp;#039; authors including Jaison Abel and Giacomo De Giorgi wrote for the New York Fed.&amp;quot;.  &gt; Puerto Rico has been a U.S. possession since American troops invaded in the Spanish-American War, and Puerto Ricans have been U.S. citizens since 1917.  &gt; None of those examples are directly analogous to Puerto Rico, where residents carry U.S. passports but live in social and economic conditions in some ways more akin to those in Latin America.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ezckv/with_74_billion_dollars_in_debt_purto_rico_has/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135343 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Puerto**^#1 **island**^#2 **Rico**^#3 **leave**^#4 **population**^#5\""}
{"_id": "481366", "title": "", "text": "Somewhat bad example there, those monopolies have a high cost of entry. You can open an online store for next to nothing, if you need more eyeballs then pay for advertising or setup a store on an existing platform like Amazon/eBay/Facebook/Etsy."}
{"_id": "481369", "title": "", "text": "The problem is in cities where there's already a housing shortage, AirBNB rentals raise rent, and therefore its pricing out locals from living here. I'm paying a 25% premium just living in my building because AirBNB hosts have rented 10% of the building. The entire neighborhood has this issue. Landlords know they can increase the rent dramatically since AirBNB renters are paying a premium. The end result is that people have to move much farther out of the city. As a result, artificially my sub district is now affordable only by much higher class, or they wipe out the savings of any locals that previously were able to live here.  AirBNB shows hundreds of listings in my area and rental prices have skyrocketed as a result."}
{"_id": "481382", "title": "", "text": "New Zealand Bank cannot directly ask Singapore Bank. They can approach courts in Singapore and request for funds. Given that amount is small, the cost for pursuing a court case in Singapore would be much higher and the Bank in New Zealand may have already written this off.  They may still have reported you as a defaulter, depending on various things, you may not get a Visa to travel back into New Zealand, or get one and get arrested once you land in New Zealand even during transit."}
{"_id": "481383", "title": "", "text": "\"The  earnest money deposit generally is not delivered with the offer. This generally isn't done because you may find out that your offer is going to be rejected immediately. You may have decided to make an offer under their stated selling price, you may have added a condition they are unwilling to meet. There is also the situation where other parties have already made an offer and their offering price has exceed yours; so your offer is rejected or at least slowed down while the continue negotiations with the other potential buyer. In these cases getting a cashiers check before making the offer delays the offer, complicates the movement of money within your accounts, and delays your ability to make an offer on a another house. If the offer on the first house is rejected on Friday, and the bank is closed on Saturday, and you have to wait until Monday to redeposit the check; then you have to delay an offer on the perfect house you see on Sunday. Of the three options you present the second one, \"\"I can put a rider on the P&S which warrants that the check will be delivered in a set amount of time like three days.\"\" You may also find similar language in the local version of the standard real estate contract. This delay in writing the check makes sense for another reason, the manner of the deposit and how it is to be made, how it is to be held, and under what terms it can be released  should also be a part of the negotiation. You want to make sure it is being kept by a third party, you both have to trust that 3rd party, you need to know what are the exact conditions regarding that money. The purpose of the deposit is to convince the seller that you are serious, and that the knowledge that you will lose the deposit makes you likely to go through your required parts of the transaction.  Also more and more of these deposits are being done electronically, there is no check involved.\""}
{"_id": "481393", "title": "", "text": "Any person, organization, trust, or charity can be the beneficiary. But if the beneficiary is a minor, they won't be able to access the money immediately depending on state law. In most states, it requires that a guardian be appointed to administer the proceeds payable to the minor child. If a guardian is not already in place, your next of kin will have to undergo the time and expense of appointing a guardian. It is best to leave it to a trusted relative or family member that is the designated guardian. If that isn't a option. Consult a financial professional to see if a trust is a variable alternative. Trust is an entity that receives money and distributes money according to the rules set in the trust. Trust is a complicated matter and must be setup properly."}
{"_id": "481401", "title": "", "text": "Personal finance is a fairly broad area.  Which part might you be starting with? From the very basics, make sure you understand your current cashflow: are you bank balances going up or down?  Next, make a budget.  There's plenty of information to get started here, and it doesn't require a fancy piece of software.  This will make sure you have a deeper understanding of where your money is going, and what is it being saved for.  Is it just piling up, or is it allocated for specific purchases (i.e. that new car, house, college tuition, retirement, or even a vacation or a rainy day)? As part of the budgeting/cashflow exercise, make sure you have any outstanding debts covered.  Are your credit card balances under control?  Do you have other outstanding loans (education, auto, mortgage, other)?  Normally, you'd address these in order from highest to lowest interest rate. Your budget should address any immediate mandatory expenses (rent, utilities, food) and long term existing debts.  Then comes discretionary spending and savings (especially until you have a decent emergency fund).  How much can you afford to spend on discretionary purchases?  How much do you want to be able to spend?  If the want is greater than the can, what steps can you take to rememdy that? With savings you can have a whole new set of planning to consider.  How much do you leave in the bank?  Do you keep some amount in a CD ladder?  How much goes into retirement savings accounts (401k, Roth vs. Traditional IRA), college savings accounts, or a plain brokerage account?  How do you balance your overall portfolio (there is a wealth of information on portfolio management)?  What level of risk are you comfortable with?  What level of risk should you consider, given your age and goals?  How involved do you want to be with your portfolio, or do you want someone else to manage it? Silver Dragon's answer contains some good starting points for portfolio management and investing.  Definitely spend some time learning the basics of investing and portfolio management even if you decide to solicit professional expertise; understanding what they're doing can help to determine earlier whether your interests are being treated as a priority."}
{"_id": "481442", "title": "", "text": "One reason why you can get a better rate with a CD compared to a regular savings account is that they lock you into that account for the period of the CD. You can get out of the CD early, but you will forfeit some of the interest. You also generally can't move a portion of the money out of the CD, you have to pull it all out, and then start a new CD with the portion you don't spend. You have to check the terms and conditions for that particular CD.  Some people use them to hold their emergency fund. This is the 3-6 months of expenses you set aside in case of a major problem such as a medical emergency or a job loss. The rate is better than the regular savings account, so it can come closer to inflation. The goal is preservation of capital, not investing for the future. So if you understand the risks, and the CD is backed with the same guarantees as the savings account, then it is a viable way to store some or all of the emergency fund."}
{"_id": "481459", "title": "", "text": "Do you get cash (or a deposit into your bank account) of your PhD stipend and then you immediately send the university a check to pay the tuition fee (which might be more than the cash you get from the University)? Or does the University simply keep the stipend money, transferring it from one pocket to another in essence, and say, OK, you have paid your tuition except for $X that you still owe us? Or does the university grant you a tuition waiver as part of your assistantship and reports this as income on Form 1099-MISC? In all of these cases, the money reported on Form 1099-MISC is not taxable income to you, and it is neither subject to Self-Employment tax (basically, Social Security and Medicare tax -- both the employee's share and the employer's share) nor to (Federal) income tax."}
{"_id": "481475", "title": "", "text": "I have had pension programs with two companies.  The first told you what your benefit would be if you retired at age X with Y years of service. Each year of service got you a percentage of your final years salary. There was a different formula for early retirement, and there was an offset for social security. They were responsible for putting enough money away each year to meet their obligations. Just before I left they did add a new feature. You could get the funds in the account in a lump sum when you left. If you left early you got the money in the account. If you left at retirement age you got the money that was needed to produce the benefit you were promised. Which was based on current interest rates. The second company had a plan where they published the funding formula. You knew with every quarterly statement how much was in your account, and what interest it had earned, and what benefit they estimated you would receive if you stayed until retirement age. This fund felt almost like a defined contribution, because the formula was published. If most people took the lump sum that was the only part that mattered. Both pension plans had a different set of formulas based on marriage status and survivor rules. The interest rates are important because they are used to determine how much money is needed to produce the promised monthly benefit. They are also used to determine how much they need to allocate each year to cover their obligations.  If you can't make the math work you need to keep contacting HR. You need to understand how much should be flowing into the account each month."}
{"_id": "481488", "title": "", "text": "My concern is if I need to report and pay extra taxes for the part of   the company that will be under my name Yes, d'uh. Of course. It's actually quite complicated when it comes to foreign companies owned by US people, and you'll need a good tax adviser (EA/CPA licensed in your State) who's fluent in that area. Citizenship has nothing to do with this, from tax perspective there's no difference between a green card holder and a citizen (except that green card holder cannot claim non-resident exemptions and certain tax treaties' exemptions)."}
{"_id": "481519", "title": "", "text": "\"So this has been true... Forever. I mean can we agree that there is enough corruption to be the dividing line between the 1% and the rest of society? The system is built to protect the rich and grow the wealth of the already wealthy. The middle and lower class are being farmed like animals while food quality is disgusting due to FDA \"\"failure,\"\" medicine is becoming a periodical subscription because modern disease is trending towards \"\"lifelong\"\" sicknesses, health insurance is a for profit business that now has more investments than banks and while millions suffer and are bled dry of any savings. Keeping the middle east in turmoil is how we get cheap oil. Peace means they have the right to negotiate their exports. While desperate, we basically take it for free. EVERYTHING. IS. BASED. ON. MONEY.    Everytime I use quotes, just think: What if this is designed? I mean follow the MONEY. Medicine benefits if you're just sick enough to pay up every month and not die. The FDA approves all kinds of sickness inducing trash. Why? Isn't that their one job? To say oh this isn't healthy. It causes cancer. We will not allow it. Apparently not. What big pharma paid the FDA to allow crap food. The reason it's crap is because it's cheap. The food industry like McDonald's wants cheap food so they can become global billionaires... I mean c'mon.\""}
{"_id": "481522", "title": "", "text": "Early stage investors by their nature prefer opportunities which are disruptive to existing technologies. They look for a \u2018big idea\u2019 in a relatively small but rapidly expanding market. They don\u2019t tend to be attracted to marginal improvements which yield marginal returns. They\u2019re in the business of betting on the nature of the next new world."}
{"_id": "481527", "title": "", "text": "&gt; I feel like Sprint charges a bit more, but they don't have a cap on their data plans, so if you do multiple GB per month they are the best choice.  I left AT&amp;T and dropped $30 a month switching to sprint, and have unlimited everything. AT&amp;T is a ripoff in my opinion and they charge so much for the bare minimum. I'm on the West Coast."}
{"_id": "481535", "title": "", "text": "Programmer here. Getting into business is more than just tech knowledge. It's great that you were able to get some money for what you did. But setting up a business requiring figuring out a solution to a problem. When it's easy to identify a problem, it's not easy to come up with a viable solution (otherwise someone else would have already solved it). At other times, you figure out a very limited scoped problem and figure out a solution, but it's not very scalable.   My advice to you. Keep learning. You are very young and there is a lot of fun things you can do. If you think you are already standing out with your skills, get an online profile going. Get popular. Try all channels. Should be fun."}
{"_id": "481537", "title": "", "text": "It doesn't go on Schedule E at all, it goes on form 4797. The fridge should have been depreciated, over 5 years. If you sold it after 5 years, all the proceeds are taxable income taxed as depreciation recapture (25% rate) up to the allowable depreciation (your original cost basis), above which it is taxable capital gain. Whether you actually have depreciated it or not, it is really your problem, IRS doesn't care. So if 5 years of ownership passed - just write it all as taxable income on the form 4797. Otherwise, allowable depreciation prorated (and you can still amend forms 3 years back to get at least part of it). The new fridge should also be depreciated over the 5 years of its expected useful life. See form 4562. Talk to a licensed tax professional (EA/CPA licensed in your state) for details."}
{"_id": "481538", "title": "", "text": "Everybody knows that the Apple products are almost trouble-free. Moreover, their phones, watches, laptops and other gadgets usually do not demand some exclusive maintenance. If you choose Apple, chances are close to 100% that you\u2019ll get high-quality merchandise. Nevertheless, like any system, sometimes even Mac can get \u201ctired.\u201d That\u2019s why real pros recommend taking preventive measures to maximize Mac performance. Learn more details visit here: https://macgurupro.com/"}
{"_id": "481544", "title": "", "text": "\"You can see all the (millions) of trades per day for a US stock only if you purchase that data from the individual exchanges (NYSE, NASDAQ, ARCA, ...), from a commercial market data aggregator (Bloomberg, Axioma, ...), or from the Consolidated Tape Association.  In none of that data will you ever find identifying information for the traders. What you are recalling regarding the names of \"\"people from the company\"\" trading company stock is related to SEC regulations stating that people with significant ownership of company stock and/or controlling positions on the company board of directors must publicize (most of) their trades in that stock.  That information can usually be found on the company's investor relations website, or through the SEC website.\""}
{"_id": "481545", "title": "", "text": "&gt; But the fact that they got hacked and she's a music major leads me to believe that she didn't know shit about security  Which just shows how little you know of the situation. Its irrelevant. Utterly and completely irrelevant. She could have no degree she could have 9 security degrees. She could know everything and warned them for years, and she could know nothing and have ignored the advice of her peers. Her college degree literally has no bearing on that."}
{"_id": "481555", "title": "", "text": "It's a scam pushed through to benefit the banking system. Tax payments become income for the banks. Any alleged benefits for property holders are ultimately reduced by increased property prices, capital gains tax and estate taxes"}
{"_id": "481558", "title": "", "text": "\"&gt;It is 500, 1,000, or 1,500 employees depending on the industry. Five-hundred employees is not exactly small.  73.2% of \"\"small businesses\"\" are sole proprietors.  &gt; Hahaha. This has nothing to do with the discussion but whatever dude. If we were both to start our own companies, I'd actually value my workers and you would just complain about labor costs of the people that are needed to run your business.  I did start my own company six years ago.  So, you can talk about what you would hypothetically do and I can talk about what I actually did.  &gt; and people like you don't see  I've got 40 employees and none make minimum wage.   I actually have employees to value (which I do).    People like you only see the top of the hill and not the climb to get there.\""}
{"_id": "481579", "title": "", "text": "\"I remember when they started the policy of \"\"will not accept ANY lifetime warranty claims for rust\"\". A reasonable enough claim, because there's no such thing as 100% stainless.  However, they started this stupid game where *any* tool with *any* amount of rust on it was automatically a \"\"rust claim\"\".  For example, if a socket for a ratchet was stripped, worn, or chipped to the point of being unusable, and also had a small rust spot, they wouldn't replace it.  Spend a dollar and piss off your customers to save a nickel... go figure.\""}
{"_id": "481597", "title": "", "text": "If someone made their money honestly, who are you to say how they spend it?  Their contribution to society was providing exceptional value...they owe no one anything but that.   On the other hand, if they made their money like the tool who did the AMA last night, by manipulating government and using their guns to create a monopoly for themselves, fuck them...fuck them indeed."}
{"_id": "481601", "title": "", "text": "In theory, when you obtained ownership of your USD cash as a Canadian resident [*resident for tax purposes, which is generally a quicker timeline than being resident for immigration purposes], it is considered to have been obtained by you for the CAD equivalent on that date.  For example if you immigrated on Dec 31, 2016 and carried $10k USD with you, when the rate was ~1.35, then Canada deems you to have arrived with $13.5k CAD. If you converted that CAD to USD when the rate was 1.39, you would have received 13.9k CAD, [a gain of $400 to show as income on your tax return].  Receiving the foreign inheritances is a little more complex; those items when received may or may not have been taxable on that day. However whether or not they were taxable, you would calculate a further gain as above, if the fx rate gave you more CAD when you ultimately converted it. If the rate went the other way and you lost CAD-value, you may or may not be able to claim a loss. If it was a small loss, I wouldn't bother trying to claim it due to hassle. If it's a large loss, I would be very sure to research thoroughly before claiming, because something like that probably has a high chance of being audited."}
{"_id": "481611", "title": "", "text": "You don't specify where you live, so I'll explain the case if you lived in Canada. Other countries may have similar laws against criminal usury. In Canada, this would be a criminal offence. Canada Criminal Code 347 (1) means you are guilty of an indictable offence and liable to imprisonment for a term not exceeding five years, or guilty of an offence punishable on summary conviction and liable to a fine of up to $25,000 or to imprisonment for a term of up to six months, or both. Note that you don't have to actually collect on such a contract. The contract itself specifies an interest rate well in excess of 60%, so the contract itself would mean you have committed a criminal act."}
{"_id": "481612", "title": "", "text": "Quick look through your post history definitely confirms that.  I still think you should delete the info that exposed her identity and seriously reconsider whether you can afford to make such a speculative and highly leveraged investment in a California weed shop.  In the end its up to you."}
{"_id": "481617", "title": "", "text": "It would work if there was a facility in place that made penny payments possible, without getting eaten up in fees.  If a news website cost \u00a310/month, I could only justify subscribing to a very small number of sites. Let me read a small introduction, and charge \u00a30.03 for the rest of it and I'd impulse buy it every day of the week.  If one person can churn out content that gets 100,000 \u00a30.03 views, that'd easily be a decent amount of money for a month's work."}
{"_id": "481648", "title": "", "text": "For me, it is mostly for the fraud protection. If I have a debit card and someone makes a fraudulent charge the money is removed from my bank account.  From my understanding, I can then file a fraud complaint with the bank to recover my money.  However, for some period of time, the money is missing from my bank account.  I've heard conflicting stories of money being returned quickly while the complaint is undergoing investigation as well as money being tied up for several days/weeks.  It may depend on the bank. With a credit card, it is the banks money that is tied up."}
{"_id": "481654", "title": "", "text": "Age old rules about money scams: If a person A wants to send money to person B, they do the following: Person A sends money to person B. Neither of them sends money to you, and you don't send money to either of them. It doesn't make sense! If you give someone money, be prepared that you might not receive that money back. If someone gives you money, be prepared that they can get that money back. Illegal money laundering can put you in jail, even if you pretend to be a blameless victim of a scammer."}
{"_id": "481663", "title": "", "text": "\"Its time for other sports to clean up their acts. The money in professional cycling is trivial compared to soccer, tennis or US sports - yet few are caught doping  The most interesting quote from one of the cycling Drs - Eufemiano Fuentes is -  \"\"If I would talk, the Spanish football team would be stripped of the 2010 World Cup\"\" (Soccer)\""}
{"_id": "481665", "title": "", "text": "Imagine the following scenario: You have a credit limit of $1000 and you want to by a tablet from a store. It costs $600. You then walk next door and buy a TV for $600. You would expect that you would go over your limit and the second transaction will be rejected. As long as that hold is in place, you don't have access to those blocked funds. That makes sure that you can't promise to pay more than you have funds on the card. Holds can get in the way if you are close to your credit limit. People run into this problem if they reserve a hotel room, rent a car, or purchase gasoline. The hold is set at a specific level to make sure you have enough funds for the typical transaction. This distance between vendors is not relevant. The bank is blocking funds based on a request from a vendor. They have to block the funds because you might use the multiple times in the same store. It is possible that the card company might release the hold based on the request by the vendor, but they generally don't.  If this is a debit card linked to a bank account, the bank can have access to the overdraft system or a linked savings account. If is is a credit card they can decide to to increase your credit limit, and offer you what is essentially a loan. Plus they can hit you with fees. But if the card is a prepaid debit card or gift card they don't want to allow you to go beyond your limit.  If this is a card that you plan on recharging, you could put extra funds on the card to allow both the old hold and the new hold to co-exist."}
{"_id": "481675", "title": "", "text": "Unless you have a law degree and a specific contract you can point to, you're just blowing shit out your ass.  I think it's a fair assumption that when those contracts in question were created, they walked the legal line and would hold up in the court room.  You know, 'cause if i had a few million on the line, I'd probably have a lawyer look at it and maybe even draft it..."}
{"_id": "481683", "title": "", "text": "\"Here are my reasons as to why bonds are considered to be a reasonable investment. While it is true that, on average over a sufficiently long period of time, stocks do have a high expected return, it is important to realize that bonds are a different type of financial instrument that stocks, and have features that are attractive to certain types of investors. The purpose of buying bonds is to convert a lump sum of currency into a series of future cash flows. This is in and of itself valuable to the issuer because they would prefer to have the lump sum today, rather than at some point in the future. So we generally don't say that we've \"\"lost\"\" the money, we say that we are purchasing a series of future payments, and we would only do this if it were more valuable to us than having the money in hand. Unlike stocks, where you are compensated with dividends and equity to take on the risks and rewards of ownership, and unlike a savings account (which is much different that a bond), where you are only being paid interest for the time value of your money while the bank lends it out at their risk, when you buy a bond you are putting your money at risk in order to provide financing to the issuer. It is also important to realize that there is a much higher risk that stocks will lose value, and you have to compare the risk-adjusted return, and not the nominal return, for stocks to the risk-adjusted return for bonds, since with investment-grade bonds there is generally a very low risk of default. While the returns being offered may not seem attractive to you individually, it is not reasonable to say that the returns offered by the issuer are insufficient in general, because both when the bonds are issued and then subsequently traded on a secondary market (which is done fairly easily), they function as a market. That is to say that sellers always want a higher price (resulting in a lower return), and buyers always want to receive a higher return (requiring a lower price). So while some sellers and buyers will be able to agree on a mutually acceptable price (such that a transaction occurs), there will almost always be some buyers and sellers who also do not enter into transactions because they are demanding a lower/higher price. The fact that a market exists indicates that enough investors are willing to accept the returns that are being offered by sellers. Bonds can be helpful in that as a class of assets, they are less risky than stocks. Additionally, bonds are paid back to investors ahead of equity, so in the case of a failing company or public entity, bondholders may be paid even if stockholders lose all their money. As a result, bonds can be a preferred way to make money on a company or government entity that is able to pay its bills, but has trouble generating any profits.  Some investors have specific reasons why they may prefer a lower risk over time to maximizing their returns. For example, a government or pension fund or a university may be aware of financial payments that they will be required to make in a particular year in the future, and may purchase bonds that mature in that year. They may not be willing to take the risk that in that year, the stock market will fall, which could force them to reduce their principal to make the payments. Other individual investors may be close to a significant life event that can be predicted, such as college or retirement, and may not want to take on the risk of stocks. In the case of very large investors such as national governments, they are often looking for capital preservation to hedge against inflation and forex risk, rather than to \"\"make money\"\". Additionally, it is important to remember that until relatively recently in the developed world, and still to this day in many developing countries, people have been willing to pay banks and financial institutions to hold their money, and in the context of the global bond market, there are many people around the world who are willing to buy bonds and receive a very low rate of return on T-Bills, for example, because they are considered a very safe investment due to the creditworthiness of the USA, as well as the stability of the dollar, especially if inflation is very high in the investor's home country. For example, I once lived in an African country where inflation was 60-80% per year. This means if I had $100 today, I could buy $100 worth of goods, but by next year, I might need $160 to buy the same goods I could buy for $100 today. So you can see why simply being able to preserve the value of my money in a bond denominated in USA currency would be valuable in that case, because the alternative is so bad. So not all bondholders want to be owners or make as much money as possible, some just want a safe place to put their money. Also, it is true for both stocks and bonds that you are trading a lump sum of money today for payments over time, although for stocks this is a different kind of payment (dividends), and you only get paid if the company makes money. This is not specific to bonds. In most other cases when a stock price appreciates, this is to reflect new information not previously known, or earnings retained by the company rather than paid out as dividends. Most of the financial instruments where you can \"\"make\"\" money immediately are speculative, where two people are betting against each other, and one has to lose money for the other to make money. Again, it's not reasonable to say that any type of financial instrument is the \"\"worst\"\". They function differently, serve different purposes, and have different features that may or may not fit your needs and preferences. You seem to be saying that you simply don't find bond returns high enough to be attractive to you. That may be true, since different people have different investment objectives, risk tolerance, and preference for having money now versus more money later. However, some of your statements don't seem to be supported by facts. For example, retail banks are not highly profitable as an industry, so they are not making thousands of times what they are paying you. They also need to pay all of their operating expenses, as well as account for default risk and inflation, out of the different between what they lend and what they pay to savings account holders. Also, it's not reasonable to say that bonds are worthless, as I've explained. The world disagrees with you. If they agreed with you, they would stop buying bonds, and the people who need financing would have to lower bond prices until people became interested again. That is part of how markets work. In fact, much of the reason that bond yields are so low right now is that there has been such high global demand for safe investments like bonds, especially from other nations, such that bond issues (especially the US government) have not needed to pay high yields in order to raise money.\""}
{"_id": "481686", "title": "", "text": "\"Whoever is not \"\"anti trump\"\" is a either being conned, an idiot or someone very untrustworthy. Take it from an unbiased European.  However, we agree on one thing. This article is a bit to loosely related to economics to be in this sub, at least IMO.\""}
{"_id": "481692", "title": "", "text": "\"I remember in the 19th and early 20th century was the problem of Trusts set up by the wealthy to avoid taxes (hence the term \"\"Anti-Trust\"\") That's not what antitrust means.  The trusts in that case were monopolies that used their outsized influence to dominate customers and suppliers.  They weren't for tax evasion purposes.  Trusts were actually older than a permanent income tax.  Antitrust law was passed around the same time as a permanent income tax becoming legal.  Prior to that income taxes were temporary taxes imposed to pay for wars.   The primary ways to evade taxes was to move expenses out of the personal and into businesses or charities.  The business could pay for travel, hotels, meals, and expenses.  Or a charity could pay for a trip as a promotion activity (the infamous safari to Africa scheme).  Charities can pay salaries to employees, so someone could fund a charity (tax deductible) and then use that money to pay people rather than giving gifts.  If you declare your house as a historical landmark, a charity could maintain it.   Subscribe to magazines at the office and set them in the waiting room after you read them.  Use loyalty program rewards from business expenses for personal things.  Sign up for a benefit for all employees at a steep discount and pay everyone a little less as a result.  Barter.  You do something for someone else (e.g. give them a free car), and they return the favor.  Call it marketing or promotion (\"\"Trump is carried away from his eponymous Tower in a sparkling new Mercedes Benz limousine.\"\").   Another option is to move income and expenses to another tax jurisdiction that has even fewer laws about it.  Where the United States increasingly cracked down on personal expenses masquerading as business expenses, many jurisdictions would be happy just to see the money flow through and sit in their banks briefly.   Tax policy is different now than it was then.  Many things that would have worked then wouldn't work now.  The IRS is more aggressive about insisting that some payments be considered income even if the organization writes the check directly to someone else.  It's unclear what would happen if United States tax rates went back to the level they had in the fifties or even the seventies.  Would tax evasion become omnipresent again?  Or would it stay closer to current levels.   The rich actually pay a higher percentage of the overall income taxes now than they did in the forties and fifties.  And the rich in the United States pay a higher percentage of the taxes paid than the rich in other countries with higher marginal rates.  Some of this may be more rich people in the US than other countries, but tax policy is part of that too.  High income taxes make it hard to become rich.\""}
{"_id": "481697", "title": "", "text": "Even if the EV were powered solely by coal (the dirtiest energy source), it would still be significantly cleaner than an ICE.  I read somewhere that it would emit 40% less carbon.  In addition, the carbon intensity of the grid has been falling as renewables are increasingly deployed.  Put solar on your roof and your drive on sunshine."}
{"_id": "481728", "title": "", "text": "\"My 401k allows cash holdings to 100% if desired. I'm not sure why some won't, they are making money on your money after all. If you are looking to the funds vehicles for investing suggestions however, they will never allow cash. I found you must go into \"\"Invest on my own\"\" vehicle to make that change.  I have beaten and timed this market several times by sitting with cash on the sidelines. The only time I missed it was when I talked to a fund administrator in 2008 dot com crash and stayed in at this suggestion. I told him I didn't see where the market could go much higher as I had made 12-28% on some funds. He was dead wrong of course and I lost 50% that year.  Now, trust me, in 2017, assets are grossly overvalued. If they won't let you deposit to cash, don't invest and just save your money until the next crash.\""}
{"_id": "481747", "title": "", "text": "From your profile, I see you are in Israel. The process is probably different from in the US.  In the US, an agent is usually happy to work with a buyer. After all, When I list a house, there are potential buyers all over my state and elsewhere. The best thing you can do is first, have your financing in order. A bank will be able to tell you how much you can afford and how much they'll lend you. If you approach an agent and tell them the exact range of price, area you're interested in, and other specifics such as number of bedrooms, etc, that agent should be happy to find houses to fit your request.  Obviously, an agent listing million dollar homes, busy with those all day, is not going to want to handle a buyer looking for a $200K home. But in the end, the real estate agents aren't all listing high end, and someone is moving the smaller houses as well. Often, an office will have a call center where agents who are less busy will answer the phone hoping to get a client that will bring a sale. That's one way to go. The other is word of mouth. Just ask others who you work with or socialize with if they know a good agent. In my case, I'd be happy to get such a referral."}
{"_id": "481761", "title": "", "text": "In simplest terms, when a company creates new shares and sells them, it's true that existing shareholders now own a smaller percentage of the company.  However, as the company is now more valuable (since it made money by selling the new shares), the real dollar value of the previous shares is unchanged. That said, the decision to issue new shares can be interpreted by investors as a signal of the company's strategy and thereby alter the market price;  this may well affect the real dollar value of the previous shares.  But the simple act of creating new shares does not alter the value in and of itself."}
{"_id": "481772", "title": "", "text": "\"I agree the numbers are bunk, however the 900k figure is the \"\"opportunity cost\"\" of a moderate income family 60k-100k and not the actual.  They are saying if you invested the money you would have spent on the kid and worked instead of staying home with kids you would be close to a million richer.    Still don't buy it however.  According to their graph it seems like they took the worse case scenario across the board and used that as their base.  For instance, the graph states you probably spent close to $85,000 on your kid for child care and education (pre-college).  Perhaps if you are a single mom living in new york without family nearby.\""}
{"_id": "481778", "title": "", "text": "Yes, start from scratch there, and keep this link open:  https://docs.python.org/2/tutorial/controlflow.html  This is where codingbat starts you off at. As long as you keep that tutorial open, you can always jump back to simpler concepts if you get stuck.  The first codingbat problem, http://codingbat.com/prob/p173401, wants you to finish the function `sleep_in()`. It takes two parameters, and returns either `True` or `False`.  For starters, try writing:      def sleep_in(weekday, vacation):         return True  This is obviously not correct, but it'll show you the various inputs it used for `weekday` and `vacation`, and how your function definition either passed or failed the tests.  This is a surprisingly realistic way to learn programming, as far as how the professionals do it."}
{"_id": "481784", "title": "", "text": "Well, the same stats would probably apply to any minority or racial group. Would it be safe to say that White Males are the best CEOs because 100% of top 10 companies in the world have white males as CEO?  Oh &amp; yes - Tim Cook, Apple's CEO, is Gay. Can we then say Gays make for the best CEOs ?  Correlation does not imply causation. This is how ALL racial/sexist stereotypes and prejudices are perpetuated. This is wrong."}
{"_id": "481785", "title": "", "text": "\"I don't see how employing more middle class workers would accelerate, say, the microprocessor research leading to better phones.  I also don't see how we are at a point in resource distribution that only the rich can afford things. As far as I can tell, poor people have a tremendous amount of wealth compared to the poor of 500 years ago or even 100 years ago.  What would a \"\"stronger economy\"\" do? Use more fuel? Produce more knicknacks for consumers to waste money on?  You're missing the entire point.\""}
{"_id": "481793", "title": "", "text": "I moved from contributing 10% to maxing as my salary rose over the course of three years after graduation.  Because of my raises, my monthly take home still increased, so it was a pretty painless way to increase my 401(k) contribution and also avoid lifestyle inflation. That said, I would not do it if you have any credit card debt, school loans, or an auto loan.  Pay that off first.  Then work on maxing the 401(k).  Personally I rate owning a home behind that, but that's partially because I'm in an area where the rent ratios are barely on the side of buying, so I don't find buying to be a pressing matter. One thing to investigate is if your company offers a Roth 401(k) option.  It's a nice option where you can go Roth without worrying about income limits.  My personal experience does not include a Roth IRA because when I still qualified for one I didn't know much about them, and now that I know about them I have the happy issue of not qualifying."}
{"_id": "481796", "title": "", "text": "\"Most businesses do not hire interns for most positions -- especially ones that require an advanced degree.  However, there is no harm in contacting HR and saying \"\"I love what I'm reading about your company, here are my qualifications, is it possible you might create an internship position to work with this group?\"\"\""}
{"_id": "481801", "title": "", "text": "Even their breakfasts are, at best, sub-par. I used to visit McD's once or twice a year for a sausage egg McMuffin and hashbrown. The last three times I tried it, the McMuffin had a fraction of the flavor it should have, more grease than it needed, and the hashbrowns were...well...not the most bland potato product I've ever had, but they were trying hard to get the title.  Pretty sure I haven't been there for a few years, now. No real reason to."}
{"_id": "481802", "title": "", "text": "\"The Forbes article IRS Announces 2014 Retirement Plan Contribution Limits For 401(k)s And More spells this out pretty clearly.  For your wife - \"\"an IRA contributor who is not covered by a workplace retirement plan and is married to someone who is covered, the deduction is phased out if the couple\u2019s income is between $181,000 and $191,000.\"\" So, with your wife not covered by a 401(k), and your income below the stated limit, she can deduct the IRA contribution. When your income gets beyond that limit, she can make a non-deductible contribution and convert to Roth, if she wishes.\""}
{"_id": "481810", "title": "", "text": "This strategy will have long lasting effects since negative items can persist for many years, making financing a home difficult, the primary source of household credit. It is also very risky.  You can play hard, but then the creditor may choose you to be the one that they make an example out of by suing you for a judgement that allows them to empty your accounts and garnish your wages. If you have no record of late payments, or they are old and/or few, your credit score will quickly shoot up if you pay down to 10% of the balance, keep the cards, and maintain that balance rate. This strategy will have them begging you to take on more credit with offers of lower interest rates.  The less credit you take on, the more they'll throw at you, and when it comes time to purchase a home, more home can be bought because your interest rates will be lower."}
{"_id": "481817", "title": "", "text": "There is no bank that I know of offering such a feature and I'm not sure what the point of it would be (other than to annoy their customers). If you've been subjected to a fraudulent check your best bet is to either choose to write checks only to trusted parties and/or use your banks BillPay service (they usually issue checks on another account while transferring the money from your account). The drawbacks of your current plan, bounced legitimate checks and high maintenance nature, outweigh the potential benefits of catching a fraudulent check since you're not legally obligated to pay checks you haven't written."}
{"_id": "481822", "title": "", "text": "I used to do this all the time but it's more difficult now.  Just a general warning that this probably isn't a good idea unless you're very responsible with your money because it's easy to get yourself in a bad position if you're not careful. You can get a new credit card that does balance transfers and request balance transfer checks from them.  Then just use one of those balance transfer checks to mail a payment to the loan you want to transfer.  Make sure your don't use the entire credit line as the credit card will have the balance transfer fee put on it as well.  You used to be able to find credit cards with 0% balance transfer fee but I haven't seen one of those in ages.  Chase Slate is the lowest I've seen recently at 2%.   Alternately, if you have a lot of expenses every month then it's easy to find a credit card where all purchases are 0% interest for a year or more and use that to pay every possible expense for a few months and use the money you'd normally use to pay for those expenses to pay off the original loan.  If you're regular monthly expenses are high enough you can pay off the original loan quickly and then pay on the credit card with no interest as normal. The banks are looking to hook you so make sure you pay them off before the zero percent runs out or make sure you know what happens after it does.  Normally the rate sky rockets.  Also, don't use that card for anything else.  Credit card companies always put payments towards the lowest interest rate first so if you charge something that doesn't qualify for 0% then it will collect interest until you've paid off the entire 0% balance which will likely take a while and cost you a lot of money.   If you have to pay a balance transfer fee then figure out if it's less then you would have paid if you continued paying interest on the original loan.   Good luck.  I hope it works out for you."}
{"_id": "481830", "title": "", "text": "One could make the argument that hiring generally was something which companies should do as little of as possible. So, looking twenty years ahead, unless we as a nation and generally, it applies also to the whole human race, **unless we set our sights a great deal higher than they are today, businesses just won't need practically any employees.**   And if we do set our sights higher, the employees businesses *will* need will be much more skilled than most of them are today. There just wont be any need for a lot of people no matter how eager they are to work, they just wont have any skills that a computer can't do better."}
{"_id": "481852", "title": "", "text": "Without knowing the terms of the company leased car, it's hard to know if that would be preferable to purchasing a car yourself. So I'll concentrate on the two purchase options - getting a loan or paying in full from savings. If the goal is simply to minimize the amount paid for this car, then paying the full cost up-front is best, because it avoids the financing and interest charges associated with a loan. However, the money you would pay for this car would come out of somewhere (your savings). If your savings were in an investment earning a risk-adjusted return rate of, say, 5% APY and the loan cost 1% APY, you'd have more money in the long run by keeping as much money in your savings as possible, and paying the loan as slowly as possible, because the return rate on your savings is higher. Those numbers are theoretical, of course. You have to make a decision based on your expectation of the performance of your investments, and on the cost of the loan. But depending on your risk tolerance and the loan terms available to you, a loan may well make sense. This is especially true when loans costs are subsidized by manufacturers, who often offer favorable financing on new cars to drive demand. But even bank loans on cars can be pretty inexpensive because the car is a form of collateral with predictable future value. And finally, you should consider tax treatment -- not usually a consideration in purchases of cars by consumers in the US, but can vary due to business use and certainly may be different in India. See also: How smart is it to really be 100% debt free?"}
{"_id": "481859", "title": "", "text": "According to https://en.wikipedia.org/wiki/Systematic_Investment_Plan it's nothing but a fancy term for plain old dollar cost averaging."}
{"_id": "481874", "title": "", "text": "Frequently people saving money for a down payment, or for their emergency fund, feel that they need to find a way to speedup the process via methods that will generate more interest than a bank account or a CD. Once they have reached their goal they also feel that having the money sitting around not generating income is a missed opportunity. All investments that aren't 100% safe introduce risk. To entice you to invest they offer the opportunity make more money than a bank account or CD. But the downside is that the extra money isn't guaranteed. In fact the introduced risk also opens up the investment to the possibility of losses, including a total loss. You have identified risks with bank accounts and CDs. With the bank account you will generally lose money vs. inflation. With a CD the investment is less liquid if you sell early, or you want/need to sell 1/2 a CD, you will give up some of that extra income. Also if rates on a CD rise next month you are stilled locked into your current rate til the CD ends. Putting some or all of the money you are saving for the house into a risky investment means that you may shorten or extend the time period. Nobody knows.  by investing in real estate we can offset the risk of real estate   going up in the next couple years: if real estate goes up we will   still be able to use our down payment for a comparable house as of   now. Inversely, if real estate goes down we will lose on the down   payment but be able to get a house cheaper. Unless the REIT matches the market of residential real estate in your city/metropolitan region there is no guarantee that home prices in your city will move the same way the REIT does.  A recent listing of the 10 largest holdings of the index is: none of these tell me what home prices in my neighborhood will do next year."}
{"_id": "481893", "title": "", "text": "Cheap labor and markets for the rich.  McJobs, debt, and slum life for the poor.  This guy completely glosses over many topics.  Things are different these days. There are not enough jobs for everyone in the world to come here.  The visa system is systematically abused as well."}
{"_id": "481896", "title": "", "text": "Unemployment is meant for people who were laid off, not terminated.  Also, the employee who claimed unemployment did so even after they had worked for another company for several months between working for me and making the claim.  If I actually laid someone off I would be the first to personally help them fill out paperwork for unemployment benefits.  If those benefits go to those who shouldn't receive them it hurts everyone.  That 3% increase in unemployment insurance is 3% that isn't going into paying my actual employees."}
{"_id": "481898", "title": "", "text": "\"The best way I know of to get the interest rate lowered is to call the credit card company and simply ask. Typically if a credit card company thinks you will leave them for another company they will be willing to work with you.  There is also the option of transfering some of the higher interest debt to one of the lower interest credit cards. It sounds like you have your friend on the right track by focusing all extra money on the credit card with the highest interest rate. Then after that one is paid off send all extra to the next highest one and so on.  The classic \"\"snowball\"\" effect.\""}
{"_id": "481902", "title": "", "text": "In 2015 there's a $5.43M (That's million, as in 6 zeros) estate exemption. Even though it's $14K per year with no paperwork required, if you go over this, a bit of paperwork will let you tap your lifetime exemption. There's no tax consequence from this.  The Applicable Federal Rate is the minimum rate that must be charged for this to be considered a loan and not a gift. DJ's answer is correct, otherwise, and is worth knowing as there are circumstances where the strategy is applicable. If the OP were a high net worth client trying to save his estate tax exemption, this (Dj's) strategy works just fine."}
{"_id": "481945", "title": "", "text": "The Lotto Playing To Win is a part of based association to induce the interests of the state-approved lottery. Our vision is perceived as the worldwide specialist in the lottery business, to maintain the most surprising moral standards. Global lottery sales ascended by 7% to $275 billion a year ago. Lotto, an entertainment where individuals pick numbers to coordinate those drawn, is the world's most mainstream types of lottery. Diversions of chance are unsafe, yet as a wellspring of income, they are an easy win."}
{"_id": "481948", "title": "", "text": "They were killing it for a while. And I feel like using Est\u00e9e Lauder's guidance as a metric was kinda shit since no one really buys their stuff anymore except old people. But it's really making a massive impact of people's perceptions. Been kinda stuck where it is now so I'm tempted to wait for the next earnings report. But that's either gonna make me look like a genius or a fool. So it's a tough call. I do know I'm down 20ish percent so it's a shit place to sell but hey it's better than 30-40%. *shrug*"}
{"_id": "481973", "title": "", "text": "What schools have undergrad theses? Or is that just something you try to get into? I've been wanting to get into research my senior year but I don't think we have anyone in the finance program that does any undergrad reasearch. So I don't know if the opportunity to even exists."}
{"_id": "481977", "title": "", "text": "That seems a very bad offer, it borders on fraud. In the current US economy, you should be able to get between 3 and 4 % APR (and that number is what you should look at). That means that for $300,000 over 30 years, you'd pay $1,265 to $1,432 per month. If you are able to pay more than that monthly rate, you should go for less than 30 years - 20, 15, 10, whatever you can afford - but don't overextend yourself. Google 'mortgage calculator' to do your own calculations."}
{"_id": "481978", "title": "", "text": "I have heard that people say the greater earning means greater   intrinsic value of the company. Then, the stock price is largely based   on the intrinsic value. So increasing intrinsic value due to   increasing earning will lead to increasing stock price. Does this make   sense ? Yes though it may be worth dissecting portions here. As a company generates earnings, it has various choices for what it can do with that money. It can distribute some to shareholders in the form of dividends or re-invest to generate more earnings. What you're discussing in the first part is those earnings that could be used to increase the perceived value of the company. However, there can be more than a few interpretations of how to compute a company's intrinsic value and this is how one can have opinions ranging from companies being overvalued to undervalued overall. Of Mines, Forests, and Impatience would be an article giving examples that make things a bit more complex. Consider how would you evaluate a mine, a forest or a farm where each gives a different structure to the cash flow? This could be useful in running the numbers here."}
{"_id": "481987", "title": "", "text": "So if a country forces their savings onto another country, say the U.S., the U.S. would have to absorb those savings somehow. If there were enough productive investments available, then this would be a good thing. But if there aren't enough productive investments available but the savings are still forced upon the U.S. it would seem that it would inevitably lead to some kind of a debt bubble for the U.S."}
{"_id": "481997", "title": "", "text": "http://en.wikipedia.org/wiki/Black%E2%80%93Scholes  Start there, the black scholes formula is used to calculate the value of a call or put option and it incorporates the risk free rate in the formula.  I am currently a bit busy but I will write up a better answer later if I get time."}
{"_id": "481999", "title": "", "text": "I'd like to add that many companies offer Divident Re-Investment Plans or DRIPs, which is basically a regular automatic stock purchase program. More info here: http://en.wikipedia.org/wiki/Dividend_reinvestment_plan. While your stock broker may offer dividend reinvestment, this is not the same as a DRIP. DRIPs are offered directly by the company, rather than the stock broker. They have the added benefits that the stock purchases are almost always commission-free, and in some cases, the company even offers a discount on the stock price. It can take a little more effort to get enrolled in a DRIP, but if you are interested in holding the stock long-term, this is a good option to consider."}
{"_id": "482005", "title": "", "text": "According to the article this is not actually a fine, they are just buying back the mortgages they sold in the first place. One has to wonder if they are buying them back at the same price that they sold them or if it's a discount. E.g. They sold you a lemon for $1000, offer to buy it back for $10? Other questions: If they are buying them back then are they now going to start foreclosing like criminals like BoA did?"}
{"_id": "482012", "title": "", "text": "\"But your idea of \"\"freedom\"\" comes with a lack of freedom that I see as being even worse.  If a road is not profitable, it won't be built, right? So all of those roads in the country, that go up mountains, that I love to travel on won't exist?  These corporations have the right to decide who gets to use the roads, right? You're all about the free market, but what if the guy who owns the road to my house jacks up the price or does a crappy job maintaining it?  I just have to move?  It will also be for-profit, which means it will cost more.  You're willing to pay more to use a road because it's your choice as opposed to less for that road because someone made you pay for it?  So it sounds like you're willing to accept a much worse situation just because it's your choice, and not actually because it's better.  Are there any concrete advantages other than choice?\""}
{"_id": "482031", "title": "", "text": "A fourteen-year-old can invest a few thousand into commuting to a part-time job or an education. If you can wait five years for a couple hundred you can wait two to four years for a car (or gas money) or a class (or some textbooks.)"}
{"_id": "482033", "title": "", "text": "\"did you pull that info from fox or something? please step out of your bubble, visit one of those countries and talk to people living there.  being a german myself, i can assure you our system isnt \"\"crumbling\"\" due to UHC, we had this for decades and as even you might have heard our economy is pretty fine besides the leiharbeit bullshit (the U.S. CEO repeatedly ranted about the german trade surplus on twitter).   granted, ours is one of the most expensive compared to other OECD countries and it could probably made more efficient, but shits made by humans, and those have flaws. its still only about 10% of GDP (pulled from german wiki).  how much did you spend on military again?   ^^^hint: ^^^never ^^^less ^^^than ^^^16%, ^^^usually ^^^around ^^^20%\""}
{"_id": "482036", "title": "", "text": "\"Wouldn't be advisable, it's not a bank account. However, some plans have emergency \"\"hardship\"\" provisions. Some that I'm familiar with would  only be allowable if you are ineligible for a loan. Some of the reasons are purchase of a primary residence, college expenses, funeral costs, or to prevent eviction. Hope this helps.\""}
{"_id": "482056", "title": "", "text": "\"Also consider how cars fare under your ownership: Does your current car... If any of the answers to these questions are \"\"Yes\"\", you're probably going to get hosed with fees when you return the car.\""}
{"_id": "482077", "title": "", "text": "\"leverage amplifies gains and losses, when returns are positive leverage makes them more positive, but when returns are negative leverage makes them more negative. since most investments have a positive return in \"\"the long run\"\", leverage is generally considered a good idea for long term illiquid investments like real estate.  that said, to quote keynes: in the long run we are all dead. in the case of real estate specifically, negative returns generally happen when house prices drop. assuming you have no intention of ever selling the properties, you can still end up with negative returns if rents fall, mortgage rates increase or tax rates rise (all of which tend to correlate with falling property values). also, if cash flow becomes negative, you may be forced to sell during a down market, thereby amplifying the loss.  besides loss scenarios, leverage can turn a small gain into a loss because leverage has a price (interest) that is subtracted from any amplified gains (and added to any amplified losses). to give a specific example: if you realize a 0.1% gain on x$ when unleveraged, you could end up with a 17% loss if leveraged 90% at 2% interest. (gains-interest)/investment=(0.001*x-0.02*0.9*x)/(x/10)=-0.017*10=-0.17=17% loss one reason leveraged investments are popular (particularly with real estate), is that the investor can file bankruptcy to \"\"erase\"\" a large negative net worth.  this means the down side of a leveraged investment is limited for the highly leveraged investor. this leads to a \"\"get rich or start over\"\" mentality common among the self-made millionaire (and failed entrepreneurs).  unfortunately, this dynamic also leads to serious problems for the banking sector in the event of a large nation-wide devaluation of real estate prices.\""}
{"_id": "482082", "title": "", "text": "Oh the company I work for now.  Victim of a poor CEO that has turned into poor leadership across the board. There are directors I'd love to meet, act very interested in why they do things the way they do. The interest wouldn't even be faked. I'm genuinely curious how someone could have so many stupid ideas. Then tell them they suck and they're fired."}
{"_id": "482095", "title": "", "text": "\"The principle to follow is called \"\"pay yourself first\"\". Have your savings deducted from your paycheck before it hits your checking account. You spending will change to accommodate the reduction. If you have a 401(k) available from your employer, start saving some money via that. If not, figure out a way to have something moved out of your checking account to a separate savings account when your paycheck hits. Then as you get raises, up the amount of automatic savings by half of the raise. You will find this hurts less than you think and it will let you build an emergency fund, which is the first thing you need. When the emergency fund is 6 months of normal spending, then you can start to invest.\""}
{"_id": "482112", "title": "", "text": "Trust Toowoomba Home Maintenance Service when it comes to reliable and friendly handyman and home repair services. A locally owned and operated company, we provide high quality residential and commercial property maintenance services in Toowoomba and the surrounding areas. We take pride in our range of home improvement and handyman services carried out by fully insured and qualified tradespeople. From house painting and fencing to gutter cleaning and rental repairs, trust our team to deliver. We offer top-notch residential and commercial building maintenance services at competitive rates. Here at Toowoomba Home Maintenance Service, we handle every job in the most professional manner. We are trained in the different areas of carpentry, installations, painting, plastering and renovations. Every painter and tradesman in our company has the skills and expertise to do every home painting, repair and maintenance job right the first time. Whether you require window painting, gutter cleaning or decking repairs, our home painters and handyman specialists can provide guaranteed workmanship. We handle basic and complex repair and maintenance tasks. There is no job too big or too small for us. We are ready to accommodate any concerns and provide professional advice and solutions to every clients' needs. From large scale house repairs to leaf guard and guttering system concerns, we provide on-time, cost-effective solutions."}
{"_id": "482114", "title": "", "text": "Are you kidding?  Electric cars can be faster than gasoline powered cars.   But do you know what the real advantage is?  Car design is limited by having a big, heavy engine and transmission.  Plus you have to put the gas tank somewhere safe.  Electric cars do away with all that.  It will *dramatically* change handling, braking and building a safety cage.  Electric cars will completely outperform gasoline cars.  No question.  Also, the electric cars should have many fewer parts and be more reliable.  The future is electric.  And you\u2019ll love it."}
{"_id": "482116", "title": "", "text": "If the rules are unfair,stupid and causing more harm than good.... I'd argue the opposite.  Taxi companies regulated themselves into a protected business with no competition and no chance of competition. This hinders customers and puts all the power into the hands of the cab companies.  I'm not saying Uber is in the right with everything, but your not gonna see an ounce of sympathy from Me towards the cab companies and the cities that let that shit happen."}
{"_id": "482121", "title": "", "text": "\"I don't think there's a rule -- (I can't comment) but Brick cited IRS rules...but IMO Brick missed one thing -- @ashur668 is not looking for a distribution, but is looking for a rollover. My best guess:  that this part of the ruleset is not well defined, and your (and my) employer have chosen to interpret any withdrawl as a \"\"distribution\"\", even if better characterized a rollover. A few months ago, I went so far as to explore if I could use a loophole -- my company had just gone through a merger; I was hoping I could rollover some or maybe all of my 401k to my IRA (I remember now, it would have been everything before starting roth 401k contributions).  My company asserted this was not permitted, and further asserted that the rumors I had heard were mistaken that when we went through a company spin-off a few years before, that nobody under 59 1/2 was permitted to roll over. I did a quick search and found IRS topic 413  As far as I can tell, this topic is silent on the matter at hand. Topic 413 referred me to IRS Publication 575, where I started looking at the section on rollovers.  I read some of it then got bored. Note that we're one step removed -- we are reading IRS publications and interpretations of IRS rules.  I don't know that anybody here has read the actual tax law.  There may be something in there that prevents companies from rolling over before 59 1/2 that is not well codified in IRS publications.\""}
{"_id": "482125", "title": "", "text": "I found this article to clarify some of the issues. One point raised is that the concession can be thought of as getting tax exemption for the closing costs, which normally are not allow. I'm not sure I follow this logic, since you can only deduct the interest, not the principal. I asked a lender, and he verified you can only spend the concession money on closing costs. I think if your closing costs are less than 1% of the loan, its probably not worth it to go for a concession over the price reduction. With interest rates so low, its also not cost effective to buy down points on the loan. This should limit most of your closing costs."}
{"_id": "482133", "title": "", "text": "*USPS is slashing first-class delivery, cutting billions of dollars, and looking to cut thousands of workers. How did it get this bad?*  Bad? All of these are good things; the internet is faster and more efficient (and way better for the environment)! End first-class mail and give the postal workers jobs that are more productive than burning tons of gasoline to stuff our mailboxes with new trash every day."}
{"_id": "482137", "title": "", "text": "What you should do is re-characterize contributions from being a Traditional IRA contributions to Roth IRA contributions. Call your broker that holds the account and ask how to do that. Note: re-characterize means you don't move the money to Roth account, you retroactively say that it was a Roth account to begin with. By re-characterization you're saying that your contribution, and all the earnings on it, are Roth from the start. This is different from moving (rolling over), and moving is not advised if you have significant Rollover IRA sums. If your MAGI is over the limit for Roth IRA as well (see table 2-1 in pub 590) then you keep it as non-deductible IRA contribution and report it on form 8606. In this case your wife's Roth IRA contribution should be recharacterized as traditional and reported as non-deductible on form 8606 as well."}
{"_id": "482141", "title": "", "text": "\"What you have here is an interesting argument. Right now, this is totally complicated by the state of \"\"forced insurance\"\" that is currently in such hot debate right now.  As a general rule of thumb though, most Americans pay their medical bills in one way or another. Though It is also accurate to say that most Americans have avoided paying a medical bill at one point or another.  I will give an example that will help clarify. My wife gets a Iron infusion shot one every year or so. We choose not to have insurance. The cost to us is around $275. We know this upfront and have always paid it up front. Except for one year. One year we had insurance. The facility that does the infusions charged us $23,500 to do the infusion that year. The insurance paid $275 to them. We refused to pay the remaining  $23,225.  This is a real example using real numbers.  SO while we are more then able to pay the \"\"normal\"\" amount, and we could, in theory, pay the inflated amount, We out right refuse to.  The medical facility tried to negotiated the amount down to $11,000 but we refused. They then tried to talk us into a credit plan. We refused. Then they negotiated the entire thing down to $500. We refused. Finally, after 2 years of fighting they agreed that the service had been pair for by the insurance. And sent us a $0 bill.  The entire time, that facility was more then willing to keep doing this annual service for $275.At no time were we denied care. We did have a dent in our credit for a while, but honestly it didn't matter to us. Wrap Up It is fair to say that most Americans do pay their medical bills, but it is also fair to say that most Americans do not pay all their medical bills. The situation is complicated, and made more so by recent changes.  Heath insurance is the U.S. is nearly criminal and while some changes have been made in recent years the same overriding truth exists. Sometimes, a medical bill, when going through insurance, is just plain silly, and the only recourse you have as a customer is to not pay it, for a while, till you get it sorted out.\""}
{"_id": "482152", "title": "", "text": "They have an excellent history and Sprint stands to gain quite a bit if they keep unlimited data as well as having high data speeds. The fact that they only have 56 million subs also gives them room to grow.  Both Verizon and AT&amp;T have over 100 million subs and killed their unlimited data plans in the face of rising data usage. You're going to see those customers complain about data overage costs. If you give those customers a high-speed nationwide network with great coverage and unlimited data, what Sprint is aiming for (and they can accomplish it with the spectrum they have and the network overhaul project they're doing), customers will switch over.  Sprint's network can support at least 2x their current subscriber base before exhibiting any kind of slowdown."}
{"_id": "482159", "title": "", "text": "Aristotle did recognize the problem of democracy if a society like ours is facing massive inequality. He thought that the majority (the poor) would vote in their own interest and take away from the minority (the rich). So he thought the solution is to decrease inequality and increase democracy.  Notice Madison recognized the same problem in formulating the American system but he came to the opposite conclusion. He thought democracy should be reduced and power be left in the hands of the more capable set of men, the wealthy elite.  Now the society you are describing would probably be self destructive. If people went around having a mob mentality as you describe, lynching, looting and committing violence, this would be more like a death cult. At some point you have to recognize that common people are usually the target of oppression not the cause of it. Ironically all the examples you mentioned were imposed by the powerful few on the commoners not the other way around."}
{"_id": "482160", "title": "", "text": "I have many friends in the skilled trade fields that are not experiencing the shortage of workers.  They are experiencing a shortage of jobs.  I don't get where the idea of a shortage in manual labor is even coming from, because we really wish we were seeing that here.  I chose Computer Science because there was no shortage of need for CS majors, and when I graduated, my friends and I couldn't find CS jobs in our area for new graduates.  I moved onto IT purely through connections.  Some of my friends moved to other fields.  One became a stay at home dad because his wife was able to find better paying jobs in his area than he was.  We're sold these primrose path stories where you just need to fight for what others are offering, and you, too, can win!  But the reality just isn't fitting the narrative!  My friends fought and still fight!  To give up is to die!  But they are in no means doing well.  Maybe you don't have to see that.  Maybe you just get to hear the stories of the liberal art degrees that want better jobs.  Good.  Then your area is doing better than mine, or is more shielded.  I am still in America.  I work hard and have hard working friends.  Some, like me, are doing well.  Some are struggling despite doing their best.  The primrose path is an unfortunate lie."}
{"_id": "482165", "title": "", "text": "It depends on the structure of your business. Are you a sole proprietor filing Schedule C on your 1040, or an S-corp, or part of a partnership? The treatment of a home office will differ depending on business entity."}
{"_id": "482174", "title": "", "text": "For computers it is just a matter of making it faster and generally simply increasing it's capacity.  For a 3D printer it is a matter of giving it the capacity to produce these things at all.  I'd be extremely impressed the moment a 3D printer could put out a forging let alone a multi-part functional assembly with various materials.  People back in the 50s were really damn sure we'd all be using flying cars and living on the moon by now."}
{"_id": "482177", "title": "", "text": "Pharma distribution is very different and much more regulated than what Amazon does now. I don't think they know what they are getting into.  The standards and practices that apply to the manufacturing environment, the cleanliness, the record keeping, the temperature control, the strict procedures and the training and continuity of personnel required to maintain all that, the security and fire protection to maintain insanely high inventory values....   It ain't like shippin' t-shirts and TVs."}
{"_id": "482178", "title": "", "text": "That only 35 years ago you could support your life with a one full-time job (incl vacations) and in addition get adult education to further your personal and career goals and today you can't.     However the sample seems small and anecdotal."}
{"_id": "482183", "title": "", "text": "It looks like the rate on that first loan is 6-2/3%?  When I look at $72000 principal and a $500 payment, I'm seeing a long term, 24 years. Not 60, but not good either.  Yes, as you pay a bit of principal, the next payment has less interest and even more principal.  I hope your degree is in a field that's lucrative. Or that you're able to get a job that qualifies you for loan forgiveness over time. I'm sorry that advice might seem weak, but aside from that, the best I can offer is to live well beneath your means, i.e. continue to live like a student, and make additional payments.  As far as bi-weekly goes, the lender may not accept partial payments. Set aside the money every two weeks and when you have extra money just make an extra payment amount toward principal.  To pay this off as fast as possible, I'd make as high an extra payment as I could each month to the loan with the higher rate. If the rates are the same, pay it off to the one with the lower balance.  With respect to the debt snowballers, followers of The David, say the rates are simply close, say .25% apart, with the lower balance having the lower rate. If you were to pay this one first, it would occur sooner, of course, and free up that monthly payment, helping your cash flow. But, it comes at a cost.  Note - if, as Noah suggests, the rates are the same, I'd advise to make all extra payments toward the lower balance. That will get you to the point where you've freed up that cash flow for other purposes, whether it's to focus on the higher loan, or anything else you need this for."}
{"_id": "482185", "title": "", "text": "\"I say this with all due understanding: If they're only there for the money, if that's what motivates them, I don't want them in the government. We are better off without them. Really.  Maybe I confused things by saying bubble because it isn't just that, but I don't want the attitude that because one is educated or powerful one is deserving of better.  I understand that you might not be saying that, and you might be saying \"\"let's use them well\"\", but alas this is too subtle a line and too easy to slip.  If big dollars hinge on a particular situation being optimized, let a manager make a case-by-case exception, but the norm is not that.  And, by transitivity, the mindset leads to a creeping overall theory that government needs to insulate itself from its own effects.  It's presumably why Congress gets its own health care, because these people are too important to be sick. But then in having done that, we reduce the pressure to make it work for everyone. I'm sorry, I just don't agree. It's a legitimate position you stake out, clearly presented, I am just not buying it.\""}
{"_id": "482199", "title": "", "text": "A minimum purchase quantity just means that you need to round your result up to the nearest 100. In your example it comes out evenly. If we look at an example where it doesn't come out even, you'd round up: And round that up to 700 due to purchase quantities. For a slightly more complex and accurate approach, you'd then evaluate how many of the extras you had to buy due to the minimum purchase quantity would need to be sold: So you'd have to sell 694 of the 700 purchased to break even."}
{"_id": "482216", "title": "", "text": "So this is the noble savage take. You honestly think no war and violence was waged on African and Asian nations upon one another?  Superior weapons? Ok, so what allowed them to develop this superior technology? Was it education, superior engineering, and tactics? Was it luck? Seriously"}
{"_id": "482228", "title": "", "text": "\"This \"\"article\"\" is a piece of fucking trash. There is no argument here. It's just, \"\"well doesn't that sound ridiculous?\"\" No definition of \"\"societal value\"\" or even \"\"society\"\" is ever given at all. No consideration of the value of a strong economy is given; no specific, quantitative arguments are provided; and no credit is given to capitalism not only for lifting billions of people from crippling poverty to recently unimaginable wealth, but for being the only system to ever do so.   Are food, shelter, and clothing basic human needs? Obviously. How do most people attain these needs? By working for a wage/salary for some company, which are reliant on a functional financial system. Derp.\""}
{"_id": "482235", "title": "", "text": "\"Firstly you have to know exactly what you are asking here.  What you have if you \"\"own\"\" bitcoins is a private key that allows you to make a change to the blockchain that can assign a piece of information from yourself to the next person. Nothing more nothing less.  The fact that this small piece of information is considered to have a market value, is a matter of opinion, and is analagous to owning a domain name. A domain name is an entry in a register, that has equal weight to all other entries, but the market determines if that information (eg: CocaCola.com) has any more value than say another less well know domain. Bitcoin is the same - an entry in a register, and the market decides which entry is more valuable than another.  So what exactly are you wanting to declare to FinCEN? Are you willing to declare the ownership of private key? Of course not. So what then? An uncrackable private key can be generated at will by anyone, without even needing to \"\"own\"\" or transact in bitcoins, and that same private key would be equally valid on any of the 1000's of other bitcoin clones. The point I want to make is that owning a private key in itself is not valuable. Therefore you do not need, nor would anyone advise notifying FinCEN of that fact. To put this into context, every time you connect to online banking, your computer secretly generates a new random private key to secure your communications with the bank. Theoretically that same private key could also be used to sign a bitcoin transaction. Do you need to declare every private key your computer generates? No. Secondly, if you are using any of the latest generation of HD wallets, your private key changes with every single transaction. Are you seriously saying that you want to take it on your shoulders to inform FinCEN every time you move information (bitcoin amounts) around even in your own wallets? The fact is FinCEN could never \"\"discover\"\" your ownership of bitcoins (or any of the 1000s of alt coins) other than by you informing them of this fact.  You may want to carefully consider the personal implications of starting down this road especially as all FinCEN would need to do is subpoena your bitcoin private key to steal your so-called funds, as they have done recently to other more prominent persons in the community. EDIT to clarify the points raised in comments. You do not own the private key to the bitcoins stored on a foreign exchange, nor can you discover it. The exchange owns the private key. You therefore do not either technically have control over the coins (MtGox is a very good example here - they went out of business because they allowed their private keys to be used by some other party who was able to siphon off the coins). Your balance is only yours when you own the private keys and the ability to spend. Any other situation you can neither recover the bitcoin to sell (to pay for any taxes due). So you do not either have the legal right nor the technical right to consider those coins in your possession.  For those who do not understand the technical or legal implications of private key ownership, please do not speculate about what \"\"owning\"\" bitcoin actually means, or how ownership can be discovered. Holding Bitcoin is not illegal, and the US government who until recently were the single largest holder of Bitcoin demonstrate simply by this fact alone that there is nothing untoward here.\""}
{"_id": "482238", "title": "", "text": "You don't mention any specific numbers, so I'll answer in generalities. Say I buy a call option today, and I short the underlying stock with the delta. The value will be the value of the option you bought less the value of the stock you are short. (your premium is not included in the value since it's a sunk cost, but is reflected in your profit/loss) So, say I go out and adjust my portfolio, so I am still delta short in the underlying. It's still the value of your options, less the value of the underlying you are short. What is my PnL over this period? The end value of your portfolio less what you paid for that value, namely the money you received shorting the underlyings less the premium you paid for the option."}
{"_id": "482244", "title": "", "text": "Start the process by contacting the company that services the mortgage. They can answer all your questions. They should have a form that needs to be submitted. You will want to get from them the most up-to-date payoff amount X days from now. The amount changes each day. They will be sending you a document signifying that the debt has been met. They will also be filing paperwork with the county/city/township releasing the property from the mortgage obligation.  Because all my mortgage payoffs have either been or refinancing or I have sold the property, the balance due was significant and the lender required a cashiers check. Contact them to ask. If it only a few thousand left they might take a regular check. Sending the checks via overnight delivery speeds up the process, and cuts down on the uncertainty of the delivery date. Ask for a return receipt so that you have proof of the date it was received. Overpay by a couple of days. They will refund the overage. If you let the mortgage run its course, you will still get a document back from them; they will still file the documents with the local government; and they will refund any overage. If you look at the coupon book, or the paperwork they gave you at settlement the last payment is usually a different amount due to rounding of the monthly payments.  Of course if you have been making extra payments or larger than required payments the numbers on the original coupon book are moot so contact the company for the last payment amount."}
{"_id": "482276", "title": "", "text": "Boards of Directors are required for corporations by nearly all jurisdictions.  Some jurisdictions have almost self-defeating requirements however, such as in tax havens. Boards of Directors are compensated by the company for which they sit.  Historically, they have set their own compensation almost always with tight qualitative legal bounds, but in the US, that has now changed, so investors now set Director compensation.  Directors are typically not given wages or salary for work but compensation for expenses.  For larger companies, this is semantics since compensation averages around one quarter of a million of USD. Regulations almost always proscribe agencies such as other corporations from sitting on boards and individuals convicted of serious crimes as well.  Some jurisdictions will even restrict directories to other qualities such as solvency. While directors are elected by shareholders, their obligations are normally to the company, and each jurisdiction has its own set of rules for this.  Almost always, directors are forbidden from selling access to their votes. Directors are almost always elected by holders of voting stock after a well-publicized announcement and extended time period. Investors are almost never restricted from sitting on a board so long as they meet the requirements described above."}
{"_id": "482310", "title": "", "text": "Thanks for your service.   I would avoid personal investment opportunities at this point.  Reason being that you can't personally oversee them if you are deployed overseas.  This would rule out rentals and small businesses.  Revisit those possibilities if you get married or leave the service.   If you have a definite time when you would like to purchase a car, you could buy a six or twelve month CD with the funds that you need for that.  That will slightly bump up your returns without taking much risk.  If you don't really need to buy the car, you could invest that money in stocks.  Then if the stock market tanks, you wait until it recovers (note that that can be five to ten years) or until you build up your savings again.  That increases your reward at a significant increase in your risk.  The risk being that you might not be able to buy a car for several more years.   Build an emergency fund.  I would recommend six months of income.  Reason being that your current circumstances are likely to change in an emergency.  If you leave the service, your expenses increase a lot.  If nothing else, the army stops providing room for you.  That takes your expenses from trivial to a third of your income.  So basing your emergency fund on expenses is likely to leave you short of what you need if your emergency leaves you out of the service.   Army pay seems like a lot because room (and board when deployed) are provided.  Without that, it's actually not that much.  It's your low expenses that make you feel flush, not your income.  If you made the same pay in civilian life, you'd likely feel rather poor.   $30,000 sounds like a lot of money, but it really isn't.  The median household income is a little over $50,000, so the median emergency fund should be something like $25,000 on the income standard.  On the expenses standard, the emergency fund should be at least $15,000.  The $15,000 remainder would buy a cheap new car or a good used car.  The $5000 remainder from the income standard would give you a decent used car.   I wouldn't recommend taking out a loan because you don't want to get stuck paying a loan on a car you can't drive because you deployed.  Note that if you are out of contact, in the hospital, or captured, you may not be able to respond if there is a problem with the car or the loan.  If you pay cash, you can leave the car with family and let them take care of things in case of a deployment.   If you invested in a Roth IRA in January of 2016, you could have invested in either 2015 or 2016.  If 2015, you can invest again for 2016.  If not, you can invest for 2017 in three months.  You may already know all that, but it seemed worth making explicit.   The Thrift Savings Plan (TSP) allows you to invest up to $18,000 a year.  If you're investing less than that, you could simply boost it to the limit.  You apparently have an extra $10,000 that you could contribute.  A 60% or 70% contribution is quite possible while in the army.  If you max out your retirement savings now, it will give you more options when you leave the service.  Or even if you just move out of base housing.   If your TSP is maxed out, I would suggest automatically investing a portion of your income in a regular taxable mutual fund account.  Most other investment opportunities require help to make work automatically.  You essentially have to turn the money over to some individual you trust.  Securities can be automated so that your investment grows automatically even when you are out of touch."}
{"_id": "482312", "title": "", "text": "Ch\u00fang t\u00f4i lu\u00f4n s\u1eb5n s\u00e0ng gi\u1ea3i quy\u1ebft v\u1ea5n \u0111\u1ec1 v\u00e0 cung c\u1ea5p v\u1eadt li\u1ec7u t\u1ed1t nh\u1ea5t cho th\u1ea1ch cao, b\u1ec1n l\u00e2u. Nh\u1eadn d\u1ecbch v\u1ee5 hi\u1ec7u su\u1ea5t cao b\u1edfi SMY Paster, ch\u00fang t\u00f4i cung c\u1ea5p d\u1ecbch v\u1ee5 \u0111\u1ed9c \u0111\u00e1o v\u00e0 h\u1ea5p d\u1eabn c\u1ee7a thach cao gia re v\u00e0 tr\u1ea7n nh\u00e0. T\u1eadp trung v\u00e0o nh\u1eefng c\u00e1 nh\u00e2n mu\u1ed1n cung c\u1ea5p t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd, nh\u1eefng ng\u01b0\u1eddi \u0111ang t\u00ecm ki\u1ebfm nh\u00e0 tuy\u1ec7t v\u1eddi \u0111\u1ec3 mua, v\u00e0 nh\u1eefng ng\u01b0\u1eddi mu\u1ed1n m\u1ed9t chuy\u00ean gia \u0111\u1ec3 c\u1ea3i t\u1ea1o ng\u00f4i nh\u00e0 c\u1ee7a h\u1ecd. \u0110\u00e2y l\u00e0 nh\u1eefng kh\u00e1ch h\u00e0ng ti\u1ec1m n\u0103ng c\u00f3 th\u1ec3 gi\u00fap b\u1ea1n ki\u1ebfm \u0111\u01b0\u1ee3c nhi\u1ec1u h\u01a1n b\u1ea1n mong \u0111\u1ee3i."}
{"_id": "482324", "title": "", "text": "No he didn't. His wealth is tied to Amazon. If he removes it to get to even a fraction of what Gates has liquid he would tank Amazon's stock which would further destroy his supposed net-worth. This shit reporting has got to stop. Its the same shit with Zuckerberg. If he were to actually liquidate his holdings his networth would be a fraction of what Forbes shits out."}
{"_id": "482332", "title": "", "text": "\"Yes. From their TOS: \"\"By creating a Square Account, you confirm that you are either a legal resident of the United States, a United States citizen, or a business entity...\"\".\""}
{"_id": "482335", "title": "", "text": "\"I'm just wondering how you would go from buying a 60k car knowing that it had a software limited battery to \"\"I'd be pissed\"\" when that is activated for you for free during a hurricane evacuation. Now obviously you wouldn't buy a Tesla in the first place, and I have no problem with you generally disliking them, but if you did, you probably wouldn't be pissed because you already knew about it.\""}
{"_id": "482343", "title": "", "text": "\"The rate for \"\"checks and transfers\"\" is set by each bank multiple times during the day based on the market. It is as opposed to the rate for \"\"cash/banknotes\"\", also set by each bank, and the \"\"representative rate\"\" (\u05e9\u05e2\u05e8 \u05d4\u05d9\u05e6\u05d9\u05d2) set by the Bank of Israel. These rates can be found on the websites of most banks. Here is Bank Hapoalim and Bank Leumi. The question is which bank's rate will be used. It might be the bank that issued your card, El Al's bank, or the credit card company (ie Poalim for Isracard or Leumi for CAL). You will need to call El Al to verify, but since these are market rates, they shouldn't be too different.\""}
{"_id": "482365", "title": "", "text": "Thats not entirely true. In North Platte, NE there is a company called Allo Communications and they are a fiber optic company that offers up to 1 Gbps internet speeds. (They are not based out of Nebraska, I just used to live there and we had internet through them.)"}
{"_id": "482367", "title": "", "text": "Taxability does not depending on transfer of money to NRO. It depending on your tax status in India. Assuming you have spent more than 182 days outside India for the financial year 1 April 2015 to 31 March 2016, you would be NRI. I am transferring money from my Maldives saving account to my Indian Saving account(NRO). Will it be taxable in India? Assuming you are NRI, this is not taxable. Any interest in NRO account is taxable in India. Again I am transferring the money from my Indian savings account to my dad's Indian saving account. Will it be taxable? This is not taxable to you. To your father it would be treated as Gift. As per Gift tax, this is not taxable to your father as well. If the amount is large, keep proper documentation of the transaction. Any income that is generated i.e. interest etc on this amount will be taxable to your father."}
{"_id": "482368", "title": "", "text": "yeah. its called look it up. you are basically asking us if we can look it up for you. any paper someone has posted you could have found by now. your institution will have a way for you to search every published paper ever...."}
{"_id": "482373", "title": "", "text": "I agree that you'd expect them to raise much more than $10M, but you can't say it was down to the pitch deck. They might have only been looking for $10M or didn't want to give away much equity, or there may have been other reasons why a small amount was raised."}
{"_id": "482374", "title": "", "text": "I'm simply pointing out the irony of this article.  They pay 7.1 billion to the government, then the government gives 2.66 to its employees. So, isn't Walmart paying their employees indirectly? Doesn't the amount they pay to the government more than double the amount the government pays out?   The point of the article is that employee benefits are being paid by the taxpayers, making walmart the great satan. This would be true if Walmart paid no taxes.  this argument (taxpayers pay walmart employees benefits) outlined by the dailykos is invalid from the start.  Mic drop."}
{"_id": "482375", "title": "", "text": "\"You make a good point and then abandon it.  I agree, everything is ultimately attributable to random events or one's genetics and upbringing.  E.g. The worse baker 'deserves' to fail because they are worse at baking.  However, did they 'deserve' to be born and raised and grow into circumstances that caused them to be a worse baker?  Very hard to argue that.  Very hard.  I also don't think it's suitable to ignore the \"\"infinite\"\" (in most cases you don't need to trace a person's history beyond their parentage to explain something, so 'infinite' is hardly the word) regression you mention.    A person's decisions are the result of their life story up until that point, and a person's life story always begins with circumstances completely beyond their control.\""}
{"_id": "482380", "title": "", "text": "Little investors rarely have a say in it.  If you have direct control over routing, that's one thing (some platforms allow it).  But if you're a fund investor or a pension beneficiary, it's completely out of your hands.    Re:  The author.  One of them - [David Swensen](https://en.wikipedia.org/wiki/David_F._Swensen) - is actually the chief investment officer at Yale University.  I'm pretty sure he has a clue."}
{"_id": "482385", "title": "", "text": "Wells Fargo.  They have an account called PMA, an umbrella account for checking, savings, mortgage, and brokerage accounts.  It would cost $30/month, but I never had to pay because I have a rollover retirement account that is enough to waive the fees.  They count all accounts, including mortgage, which I used to have.  Oh, and no restrictions.  An added advantage is there are no fees for any of the accounts, nor for some other things, like bank checks, outside ATM fees, etc.    I'm in California, so I don't know if the same deal exists in other states.  But if you qualify for the free account, it's pretty good.  Actually, most of my investments are Vanguard funds.  And I have another rollover account with Vanguard, and never pay fees, but I only buy or sell from one Vanguard fund to another, and rarely since I have targeted retirement funds that are designed to be no maintenance.  For some reason, I trust Vanguard more than most other funds; maybe because I like their philosophy on low-cost funds, which they started but are now getting more popular."}
{"_id": "482386", "title": "", "text": "\"Wait, so if you have more money you get to follow \"\"unpopular rules\"\"? That sounds even worse than what we have today.  And you didn't answer my question about how private courts and private security companies would be held accountable.\""}
{"_id": "482398", "title": "", "text": "Outsourcing a call center company is a great help for all types of companies, irrespective of their size and nature of the business but it can be the best mean for the companies who have seasonal businesses as they have to face a sudden burst of customer calls. Hence, outsourcing a call centre company is the best idea for any organization thinking of taking trade on the global pitch and coin ground without any hassle."}
{"_id": "482399", "title": "", "text": "\"Here's an example that I'm trying to figure out.  ETF firm has an agreement with GS for blocks of IBM. They have agreed on daily VWAP + 1% for execution price.  Further, there is a commission schedule for 5 mils with GS.  Come month end, ETF firm has to do a monthly rebalance. As such must buy 100,000 shares at IBM which goes for about $100  The commission for the trade is 100,000 * 5 mils = $500 in commission for that trade. I assume all of this is covered in the expense ratio. Such that if VWAP for the day was 100, then each share got executed to the ETF at 101 (VWAP+ %1) + .0005 (5 mils per share) = for a resultant 101.0005 cost basis  The ETF then turns around and takes out (let's say) 1% as the expense ratio ($1.01005 per share)  I think everything so far is pretty straight forward. Let me know if I missed something to this point.  Now, this is what I'm trying to get my head around. ETF firm has a revenue sharing agreement as well as other \"\"relations\"\" with GS. One of which is 50% back on commissions as soft dollars. On top of that GS has a program where if you do a set amount of \"\"VWAP +\"\" trades you are eligible for their corporate well-being programs and other \"\"sponsorship\"\" of ETF's interests including helping to pay for marketing, rent, computers, etc.   Does that happen? Do these disclosures exist somewhere?\""}
{"_id": "482407", "title": "", "text": "\"They could just learn to stop trying to sell services they already provide for free.   I mean come on, the economy is not doing that great, a lot of people just spent too much money on the holidays out of guilt, and they decide this is the best time to \"\"Oh, btw, we are going to start charging you for paying your bills\"\".  Fucking brilliant minds over there at Verizon.\""}
{"_id": "482415", "title": "", "text": "Long term gov't bonds fluctuate in price with a seemingly small interest rate fluctuation because many years of cash inflows are discounted at low rates.  This phenomenon is dulled in a high interest rate environment. For example, just the principal repayment is worth ~1/3, P * 1/(1+4%)^30, what it will be in 30 years at 4% while an overnight loan paying an unrealistic 4% is worth essentially the same as the principal, P * 1/(1+4%)^(1/365). This is more profound in low interest rate economies because, taking the countries undergoing the present misfortune, one can see that their overnight interest rates are double US long term rates while their long term rates are nearly 10x as large as US long term rates.  If there were much supply at the longer maturities which have been restrained by interest rates only manageable by the highly skilled or highly risky, a 4% increase on a 30% bond is only about a 20% decline in bond price while a 4% increase on a 4% bond is a 50% decrease. The easiest long term bond to manipulate quantitatively is the perpetuity where p is the price of the bond, i is the interest payment per some arbitrary period usually 1 year, and r is the interest rate paid per some arbitrary period usually 1 year.  Since they are expressly linked, a price can be implied for a given interest rate and vice versa if the interest payment is known or assumed. At a 4% interest rate, the price is At 4.04%, the price is , a 1% increase in interest rates and a 0.8% decrease in price . Longer term bonds such as a 30 year or 20 year bond will not see as extreme price movements. The constant maturity 30 year treasury has fluctuated between 5% and 2.5% to ~3.75% now from before the Great Recession til now, so prices will have more or less doubled and then reduced because bond prices are inversely proportional to interest rates as generally shown above. At shorter maturities, this phenomenon is negligible because future cash inflows are being discounted by such a low amount.  The one month bill rarely moves in price beyond the bid/ask spread during expansion but can be expected to collapse before a recession and rebound during."}
{"_id": "482416", "title": "", "text": "\"This is ridiculous. Baltimore has dangerous fringes, but even there the \"\"danger\"\" is highly inflated. The reality is that huge parts of central Baltimore are incredibly safe, prosperous, and cosmopolitan. Mount Vernon, Fells Point, Canton, Federal Hill, Inner Harbor, etc. are all wonderful places to live and work. Baltimore also has numerous beautiful suburbs that are no more dangerous than the safest parts of Boston or any other city. Politicians and the media love to play up The Wire version of Baltimore, but the reality is just as much a fiction as the television show.\""}
{"_id": "482421", "title": "", "text": "I'm in the same boat, except I was (am) going to do a masters in BA. I wouldn't be turned off by the requirements. Just call and negotiate. I imagine the majority of people never put in more effort beyond e-mailing a CV. I would aim for smaller companies, since there, there is a higher chance to reach out to the actual decision-makers of the firm, not just HR.  Also, if I were you, I would read up on things to have some leverage and have something to talk about at interviews. Some resources you might like: http://practicalanalyst.com/ba-resources/the-business-analysis-reference-pack/  * [Hamdy Taha - Operational Research](http://www.amazon.com/Operations-Research-Introduction-8th-Edition/dp/0131889230/ref=sr_1_3?ie=UTF8&amp;qid=1339143411&amp;sr=8-3) * [Julie Palant - SPSS Survival Manual](http://www.amazon.com/SPSS-Survival-Manual-ebook/dp/B005FHEQFS/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1339143532&amp;sr=1-1) * [William Stevenson - Operations Management](http://www.amazon.com/Operations-Management-Decision-Sciences/dp/0073525251/ref=sr_1_4?s=books&amp;ie=UTF8&amp;qid=1339143614&amp;sr=1-4) * [Gerry Johnson - Exploring Corporate Strategy](http://www.amazon.com/Exploring-Corporate-Strategy-Companion-Website/dp/140588732X/ref=sr_1_2?s=books&amp;ie=UTF8&amp;qid=1339143719&amp;sr=1-2) * [Thomas Coleman - Risk Management](http://www.amazon.com/A-Practical-Guide-Risk-Management/dp/1934667412/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1339143772&amp;sr=1-1) * [Simha Magal - Essentials of Business Information Systems](http://www.amazon.com/Essentials-Business-Processes-Information-Systems/dp/0470230592/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1339143850&amp;sr=1-1) * [Douglas Hubbard - How To Measure Anything](http://www.amazon.com/How-Measure-Anything-Intangibles-Business/dp/0470539399/ref=sr_1_5?s=books&amp;ie=UTF8&amp;qid=1339143959&amp;sr=1-5) * [Brian Larson - Delivering Business Intelligence with SQL Server 2008](http://www.amazon.com/Delivering-Business-Intelligence-Microsoft-Server/dp/0071549447/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1339153129&amp;sr=1-1)   Almost forgot the most important one: [Business Analysis Body of Knowledge Guide (BABOK)](http://www.amazon.com/Guide-Business-Analysis-Knowledge%C2%AE-BABOK%C2%AE/dp/0981129218/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1339159329&amp;sr=1-1)"}
{"_id": "482433", "title": "", "text": "Not really, we have a 600b deficit. Many people are paid to much for what they're worth.. Our fortune 500 make after taxes 1 trillion. Let alone what the 0.5% are making. Sorry Tom Cruise I like you, but 5 weeks of a movie shoot I don't feel bad you're left with 40 million after taxes from it. You ever stop and think that the executives don't have an incentive to help lower costs because they get these huge checks?"}
{"_id": "482459", "title": "", "text": "Sayed mohammad reza afjei is glad that his business education has enabled him to help businesses that use him to do strength and weakness analysis. Sometimes all a business needs to be very successful is an outsider coming in to evaluate how they do things. Learn more about Sayed mohammad reza afjei &amp; Business."}
{"_id": "482460", "title": "", "text": "Debt is evil according to Dave, but investing in companies that profit from debt is never shunned.  In fact, he loves broad basket ETFs and mutual funds.  How many industries would grind to a halt without the liquidity provided by consumer credit?"}
{"_id": "482462", "title": "", "text": "As a business analyst, a tool I've picked up recently is Tableau. It's a powerful reporting tool that can build powerful dashboards which are great for presentations. If you have an academic email, you can get a free licence otherwise I believe it's around $3000. The bank I work at pays contractors $100,000+ for a single dashboard which can be built by a single person in a few weeks with some basic knowledge in the tool.   It's a very versatile tool, I have a friend that  tracks his fitness data with a Fitbit and then creates visualizations to date with his friends. I use it to import massive data extracts from multiple sources and then link common share points to build visuals that are put into a dashboard and reported to executives monthly. It's very interactive and that's why the higher-ups love it."}
{"_id": "482464", "title": "", "text": "I'll give the credit to @Quid in the comments section of the question.  You put out $10k, you got back $20k, that's a cash gain of $10k, how the asset was valued between your purchase and sale isn't relevant. From an accounting perspective, the company is the only party that is realizing the loss (as they have sold the asset for 40K less than par). You the buyer, only get to see the initial buy and sale of such capital asset.  Example: A company purchases a car for $20,000 and after depreciation it is worth (book valued at) $2,000. It is then sold to a customer for $3,000.  Does the customer realize a loss of $1,000? No.  Does the company realize a gain of $1,000? Yes.  Your bank analogy is flawed in two ways:"}
{"_id": "482477", "title": "", "text": "The Wikipedia has an article on money flow index. The article which you link to correctly uses the typical price. You state that you are comparing the closing prices, which is incorrect. I'm making no statement on the validity of the money flow index itself, just answering your question."}
{"_id": "482483", "title": "", "text": "\"I disagree with the other respondents. If your tenant is an individual, renting in their individual capacity, there is no reason they need your SSN. They will not be sending a 1099 to you. If your tenant is a business, then your property is not a residential property. It is at least a \"\"corporate housing\"\", and you would have noticed that the contract was signed by a company representative in the capacity of being a company representative, not an individual person. In that case, that representative would also ask  you to fill a form W9, on which your tax ID should be reported. I would suggest let the tenant figure out their tax avoidance issues without you being involved.\""}
{"_id": "482488", "title": "", "text": "\"I don't disagree that it is terrible what the current job situation is doing to people.  And I didn't mean to imply that I thought it was \"\"good\"\" that in the dot-com bust people had to leave the field and find new careers.  As I said before, this situation \"\"exists\"\".  It's not good or bad, it's just how it is.  The dot-com bust made a lot of engineers unemployable, receptionists and secretaries aren't in demand anymore, and there's nothing we can do to change the economics of the situation.  I'm certain a tax credit for hiring the chronically unemployeed won't help, which is the point I came here to argue.    If you're chastising me for being unsympathetic to those who dealing with this on a personal level, fine, I'll consider myself chastized.  I'm still not seeing the point of your statements -- what are you suggesting needs to be done to help out the woman in TFA?\""}
{"_id": "482496", "title": "", "text": "The flooding of uneducated unskilled migrants into this country hurts the African American community the most. It also makes it harder for the poor in general to compete in a jobs market where illegals will work for half the minimum wage as opposed to hiring legal Americans. Abolish the minimum wage and place more restrictions on who can enter the country and we will start seeing gradual growth in the middle class and shrinkage of poverty."}
{"_id": "482503", "title": "", "text": "\"In the US, Section 3.114 of the Uniform Commercial Code sets the rules for how any confusion in checks or other business transactions is handled: \u201cIf an instrument contains contradictory terms, typewritten terms prevail over printed terms, handwritten terms prevail over both, and words prevail over numbers.\u201d  If there was any ambiguity in the way you wrote out the amount, the institution will compare the two fields (the written words and the courtesy box (digits)) to see if the ambiguity can be resolved.  The reality is that the busy tellers and ATM operators typically are going to look at the numeric digits first. So even if they happen to notice the traditional \"\"and...\"\" missing, it seems highly unlikely that such an omission would cause enough ambiguity between these the two fields to reject the payment. Common sense dictates here. I wouldn't worry about it.\""}
{"_id": "482507", "title": "", "text": "30 year loans usually have higher interest rates. You pay more interest over the life of the loan on a 30 year loan A 15 year loan will have higher monthly payments than a 30 year loan 30 year loans are virtually all fixed interest rate loans. 10 year loans often are variable interest rates."}
{"_id": "482517", "title": "", "text": "\"If we can agree that 2010 was closer to the low of 2009 than 2007 then the rich did all the buying while the super-rich did all the selling. http://www2.ucsc.edu/whorulesamerica/power/wealth.html Looks like the rich cleaned up during the Tech Crash too, but it looks like the poor lost faith. That limited data makes it look like the best investors are the rich. Market makers are only required by the exchanges to provide liquidity, bids & asks.  They aren't required to buy endlessly. In fact, market makers (at least the ones who survive the busts) try to never have a stake in direction.  They do this by holding equal inventories of long and shorts.  They are actually the only people legally allowed to naked short stock: sell without securing shares to borrow.  All us peons must secure borrowed shares before selling short. Also, firms involved in the actual workings of the market like bookies but unlike us peons who make the bets play by different margin rules.  They're allowed to lever through the roof because they take on low risk or near riskless trades and \"\"positions\"\" (your broker, clearing agent, etc actually directly \"\"own\"\" your financial assets and borrow & lend them like a bank). http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p004001.pdf This is why market makers can be assumed not to load up on shares during a decline; they simply drop the bids & asks as their bids are hit.\""}
{"_id": "482518", "title": "", "text": "CashBase has a web app, an iPhone app and an Android app, all sync'ed up. It doesn't integrate with banks automatically, but you can import bank statements as CSV. Disclosure: Filip is CashBase's founder."}
{"_id": "482537", "title": "", "text": "\"The SEC reference document (PDF) explains order types in more detail. A fill-or-kill order is neither a market order nor a limit order; instead it's something in between. A market order asks to be filled at the best available price, whatever that price might be when the order gets to the exchange.  Additionally, if there are not enough counterparties to fill the order at the best available price, then part of the order may be filled at a worse price.  This all happens more or less immediately; there's no way to cancel it once it has been placed. A limit order asks to be filled at a particular price, and if no counterparties want to trade at that price right now, then the order will just sit around all day waiting for someone to agree on the price; it can be canceled at any time. A fill-or-kill order asks to be filled at a particular price (like a limit order), but if that price or a better one is not currently available then the order is immediately canceled.  It does not accept a worse price (the way a market order does), nor does it sit around waiting (the way a limit order does).  Since the exchange computes whether to \"\"fill\"\" or \"\"kill\"\" the order as soon as it is arrives, there's also no way to cancel it (like a market order).\""}
{"_id": "482539", "title": "", "text": "Ok I had no idea that there was such fierce competition over *people* ! I always assumed that sales people applied for and held jobs just like I do. One could argue that good engineers are in high demand too, but there usually aren't multiple companies fighting over one engineer. Interesting!"}
{"_id": "482543", "title": "", "text": "* HOS limits time a driver can spend behind the wheel. Without team drivers, the truck sits idle for 60-70+% of the time.*  There are also regulations that limit the time a truck can be operated no matter how many drivers are being used.  Last time I checked it was 16 hours in any 24 hour period.  Will those regulations still exist when self driving trucks enter service?"}
{"_id": "482544", "title": "", "text": "You are not locked in to this percentage of new money forever, you may change it every paycheck. Pick a split that makes you feel comfortable. Then revisit how you allocate new money every year. If congress makes changes to the brackets; or your compensation changes; or the rules regarding retirement funds changes: adjust accordingly. Note that the Roth IRA came long after the IRA; and that the Roth 401K came long after the 401K. You have no idea what types of investments you will be able to contribute to with your next employer, or how your martial situation and income will change the scope of available retirement options. Heck you can even convert non-Roth to Roth in the future if that makes sense. Pick a percentage for now, but don't forget to revisit it."}
{"_id": "482548", "title": "", "text": "\"I don't think $35k is much of a status symbol. The Toyota Highlander costs more than that. \"\"Environmentally friendly\"\" is only one of few reasons to get the car. Given the massive success of the current Tesla models on the road, it's understandable why people pay the deposit. It's got autopilot features, intelligent diagnostic systems, and the current line of Tesla are the safest vehicles on the planet. Not to mention it's extremely reliable.\""}
{"_id": "482573", "title": "", "text": "\"I don't think they do. And here's why. If you don't want your child to get skin irritation, you need to watch closely and change the \"\"nappy\"\" right when it got wet. For newborns it means like every 2 hours. It creates a big pile of laundry, but the main thing \u2014 additional burden on mother. So, even if you save a little on diapers, you will spend that on water+electricity bill + comforting the mother more often than you would otherwise.\""}
{"_id": "482590", "title": "", "text": "Currencies don't have intrinsic value. Just because you have to pay taxes in USD does not mean it has intrinsic value. The government could theoretically switch currency every second, not that that will ever happen.  But yes the USD is supported by the US government and that's like a safety net for the value of the USD. Bitcoin doesn't have a government accepting bitcoin in taxes (except maybe liberland or something) so BTC doesn't have that safenet. But with such a liquid market and millions of buyorders bitcoin doesn't really need a safenet. There will always be demand. I prefer a scarce currency with growing demand than an inflationary currency backed by a corrupt government that loses value over time."}
{"_id": "482594", "title": "", "text": "Go to the police. This is fraud and is illegal. Sure, this will hurt your friend but better now then when he starts abusing of his position to fraud even more people... Original comment by Bakuriu sorry for not giving credit"}
{"_id": "482601", "title": "", "text": "HTC has horrible, god awful service.    My wife's htc evo 3d kept dropping calls.  Sent it in for warranty service twice, no luck.  So, the third time, I broke it intentionally so they'd have to give us a new unit.  New unit worked.  My 3d had a wonky lens for the 3d part.  Onto the Galaxy... soooo nice."}
{"_id": "482638", "title": "", "text": "For alternative financing, pursue a line of credit or a Home Equity Line of Credit.  (From the comments of @ChrisInEdmonton and @littleadv on the original question)"}
{"_id": "482649", "title": "", "text": "Most prop firms these days want someone with a degree in math/statistics/engineering/physics/comp sci, i.e. someone who can think quantitatively and knows how to program.  If your still in college you might want to consider switching to one of those majors rather than finance.  You might want to look at some job postings from major prop firms just to see what they are looking for.  Many firms have college recruiting programs so check those out as well.  I also [wrote a post earlier](http://www.reddit.com/r/finance/comments/tqrij/seeking_advice_on_professional_currency_trading/c4oxp4u) about prop trading but that was directed more at someone who is already a profitable trader.  I forgot to add two links when I wrote that post: http://traderfeed.blogspot.com/2007/07/steps-toward-joining-proprietary.html  http://traderfeed.blogspot.com/2006/11/how-can-i-join-trading-firm.html  If I remember any other links I will make another post."}
{"_id": "482682", "title": "", "text": "Companies in the US will take care of paying a portion of your required income tax on your behalf based on some paperwork you fill out when starting work.  However, it is up to you as an individual to submit an income tax return.  This is used to ensure that you did not end up under or overpaying based on what your company did on your behalf and any other circumstances that may impact your actual tax owed. In my experience, the process is similar in Europe.  I think anyone who has a family, a house or investments in Europe would need to file an income tax return as that is when things start to get complex."}
{"_id": "482684", "title": "", "text": "\"To add to @Dheer's answer, this is almost certainly a scam.  The money deposited into your account is not from a person that made an honest mistake with account numbers.  It's coming from someone that has access to \"\"send\"\" money that isn't their own.  I don't know exactly what they're doing to \"\"send\"\" the money but at some point in the near future your bank will claw that money back from you on the grounds that it was illegitimately transferred to you in the first place.  If you send someone money on the premise that you're returning this money then that will be a separate transaction which won't be undone when the deposit in question is undone. Another possibility is that this person has gained access to an account from which they can send domestic wires but not international wires.  Their hope is to send money to someone domestically (you) and that this person will then send the money on to Nigeria.  If you comply with them; you, in a worst case scenario, could be seen as a money laundering accomplice in addition to having the deposit taken back from you.  It's not very likely you wouldn't be seen as another victim of a scam but people have been thrown in jail for less. You should not respond to this person at all.  Don't answer the phone when they call and ignore their emails.  Don't delete the emails, it's possible that someone at the bank or LE want them.  Call your bank immediately and tell them what's up.\""}
{"_id": "482685", "title": "", "text": "can I be prosecuted for fraud as well? Yes. It is possible in several jurisdictions (e.g. UK). You have (unwittingly) cooperated with the fraudster and arguably been at least an involved party or accessory to a crime or attempted crime.  Whether you are actually prosecuted depends on whether the fraud or attempted fraud is reported or detected, whether the prosecutors obtain evidence you knew (or should reasonably have known) that there was some criminal aspect to the events and, at least partly, on your actions once you became aware of the fraud. However I am not a lawyer and law varies from place to place considerably. According to Online Threat Alerts If someone asks you to lend him/her your bank account, debit card and PIN number for a fee, or offer to transfer money to your bank account, ask you to transfer a certain amount to another account, and then asks you to keep the rest as payment, please do not take part in such activity. This type of activity is a money laundering scam, used by criminals to trick people into unknowingly taking part in a crime that can land them in jail. I wouldn't worry too much, you have been extremely naive, foolish and negligent but what matters is how you behave now (probably)."}
{"_id": "482697", "title": "", "text": "\"The issue with your point is that government has/does move to make decisions in the markets to institute their political views or agendas. Of which these views and agenda do not often take into consideration any of the unforeseen consequences in the light of market realities. The market realities which I speak of are everything affected by government action from businesses dealing with the cost of extra added government regulation on their bottom line, employee costs, taxes, the impact of subsidies, and price controls, etc in a competitive market where everyone is looking for an edge over their competitors. However with government many times these market realities are often ignored when making broad and over-reaching governmental polices based on political agendas and the whims of the public rather then on solid and sound economic decisions.  Which in turn these governmental polices effect many, many more people then businesses acting for their own needs to ensure their survival in the marketplace. Thus having a president who does not or willfully will not acknowledge how government interaction in the market place can create unintended and often negative results is worse in respects to having a president who does understand how the \"\"bottom line\"\" is effected via government action and attempts to reconcile both in light of making a decisions that effects the economy as a whole.\""}
{"_id": "482701", "title": "", "text": "&gt; I had better healthcare when I had a full time job and the company provided it until ACA came around and the company changed the majority of full time positions to part time.  There is no reason the ACA would make an employer drop existing health care.  Sounds to me like your company wanted to cut your benefits and blamed the ACA."}
{"_id": "482702", "title": "", "text": "\"The sign that things were in speculation mode and worthless was that shoe shine boys were buying stocks and providing stock advice in 1929.  Truck drivers were \"\"stock market investors\"\" in 2007, and everybody knew something - it was easy to make money.  Now bitcoin's in the same boat.  You've got minimum wage earners speculating in bitcoin saying it's a guarantee.  There's a sign.\""}
{"_id": "482712", "title": "", "text": "You'll likely get email with your hosting package, but whilst I was originally against it, I can't recommend office 365 enough now. It's a good base to start from and as your business grows you'll never have the headache of changing mail servers and all that, and you can use your own domain."}
{"_id": "482739", "title": "", "text": "\"There is one other factor that I haven't seen mentioned here.  It's easy to assume that if you buy a stock, then someone else (another stock owner) must have sold it to you.  This is not true however, because there are people called \"\"market makers\"\" whose basic job is to always be available to buy shares from those who wish to sell, and sell shares to those who wish to buy.  They could be selling you shares they just bought from someone else, but they also could simply be issuing shares from the company itself, that have never been bought before. This is a super oversimplified explanation, but hopefully it illustrates my point.\""}
{"_id": "482747", "title": "", "text": "I bought my last TV from them.  Looked around online for the model I wanted for quite a while.  Waited until bb had a clearance sale to get ready for the new models.  They had 15% off, I talked with the sales rep and agreed to a 10% discount if I got any length of warranty with them.  Talked with the manager for some more and he changed it to 25% total, instead of taking 15 off then 10.  Used BB rewards card which gives back 4% in gift cards, paid on a credit card offering 5% cash back on electronics purchases at the time.  Used the giftcards to buy a blu-ray player at a 30% discount that was dented.  Dented one was broken so they swapped it with a new one the next day for no charge.  Would the average person go through any of that trouble?  Nope.  The average customer wants a tv, walks into best buy, looks at the TVs and chooses the brightest one in their price range."}
{"_id": "482755", "title": "", "text": "According to the Trulia reference on the issue, New York is a recourse state. Recourse means that the lender can go after you for the difference between the foreclosure discharge amount (in New York - the higher of the FMV or the actual sale price) and the debt balance. That includes garnishing your wages, seizing your assets, and any other method of collecting the judgement. The relevant law is in the New York Consolidated Laws - RPA Article 13. The option you're talking about is the option any lender has anywhere - not to sue you for the difference (provision 3 of the paragraph): If  no  motion  for  a deficiency judgment shall be made as herein   prescribed the proceeds of the sale regardless of amount shall be   deemed   to be in full satisfaction of the mortgage debt and no right   to  recover   any deficiency in any action or proceeding shall exist. So if during the foreclosure they didn't sue you for the difference - they cannot change their mind after that. If you're not sure you can repay the loan - you should probably walk away from the deal."}
{"_id": "482768", "title": "", "text": "There are a few incorrect assumptions in your question but the TL;DR version is: All, or most, of the withdrawal is taxable income that is reported on Lines 15a (total distribution) and 15b (taxable amount) of Form 1040. None of the distribution is given special treatment as Qualified Dividends or Capital Gains regardless of what happened inside the IRA, and none of the distribution is subject to the 3.8% Net Investment Income Tax that some high-income people need to compute on Form 8960. If the withdrawal is not a Qualified Distribution, it will be subject to a 10% excise tax (tax penalty on premature withdrawal). Not all contributions to Traditional IRAs are deductible from income for the year for which the contribution was made. People with high income and/or coverage by a workplace retirement plan (pension plan, 401(k) plan, 403(b) plan, etc) cannot deduct any contributions that they choose to make to a Traditional IRA. Such people can always make a contribution (subject to them having compensation (earned income such as salary or wages, self-employment income, commissions on sales, etc), but they don't get a tax deduction for it (just as contributions to Roth IRAs are not deductible). Whether it is wise to make such nondeductible contributions to a Traditional IRA is a question on which reasonable people can hold different opinions.  Be that as it may, nondeductible contributions to a Traditional IRA create (or add to) what is called the basis of an IRA. They are reported to the IRS on Form 8606 which is attached to the Federal Form 1040.  Note that the IRA custodian or trustee is not told that the contributions are not deductible. Earnings on the basis accumulate tax-deferred within the IRA just as do the earnings on the deductible contributions. Now, when you make a withdrawal from your Traditional IRA, no matter which of your various IRA accounts you take the money from, part of the money is deemed to be taken from the basis (and is not subject to income tax) while the rest is pure taxable income. That is, none of the rest is eligible for the reduced taxation rates for Qualified Dividends or Capital Gains and since it does not count as investment income, it is not subject to the 3.8% Net Investment Tax of Form 8960 either. Computation of how much of your withdrawal is nontaxable basis and how much is taxable income is done on Form 8606. Note that you don't get to withdraw your entire basis until such time as when you close all your Traditional IRA accounts. How is all this reported? Well, your IRA custodian(s) will send you Form 1099-R reporting the total amount of the withdrawal, what income tax, if any, was withheld, etc. The custodian(s) don't know what your basis is, and so Box 2b will say that the taxable amount is not determined. You need to fill out Form 8606 to figure out what the taxable amount is, and then report the taxable amount on Line 15b of Form 1040. (The total withdrawal is reported on Line 15a which is not included in the AGI computations). Note that as far as the IRS is concerned, you have only one Traditional IRA. The A in IRA stands for Arrangement, not Account as most everybody thinks, and your Traditional IRA can invest in many different things, stocks, bonds, mutual funds, etc with different custodians if you choose, but your basis is in the IRA, not the specific investment that you made with your nondeductible contribution. That's why the total IRA contribution is limited, not the per-account contribution, and why you need to look that the total value of your IRA in determining the taxable portion, not the specific account(s) from which you withdrew the money. So, how much basis did you withdraw?  Well, if you withdrew $W during 2016 and the total value of all your Traditional IRA accounts was $X at the end of 2016 and your total basis in your Traditional IRA is $B, then (assuming that you did not indulge in any Traditional-to-Roth rollovers for 2016), multiply W by B/(W+X) to get the amount of nontaxable basis in the withdrawal. B thus gets reduced for 2017 by amount of basis withdrawal. What if you never made a nondeductible contribution to your Traditional IRA, or you made some nondeductible contributions many years ago and have forgotten about them? Well, you could still fill out Form 8606 reporting a zero basis, but it will just tell you that your basis continues $0. Or, you could just enter the total amount of your withdrawal in Lines 15a and 15b, effectively saying that all of the withdrawal is taxable income to you. The IRS does not care if you choose to pay taxes on nontaxable income."}
{"_id": "482797", "title": "", "text": "HMRC calls it: Averaging for creators of literary or artistic works, and it is the averaging of your profits for 2 successive years. It's helpful in situations like you describe, where income can fluctuate wildly from year to year, the linked article has the full detail, but some of the requirements are: You can use averaging if: you\u2019re self-employed or in a partnership, and the business started   before 6 April 2014 and didn\u2019t end in the 2015 to 2016 tax year  your   profits are wholly or mainly from literary, dramatic, musical or   artistic works or from designs  you or your business partner (if you\u2019re   in a partnership) created the works personally. Additionally: Check that your profit for the poorer year, minus any adjusted amounts, is less than 75% of the figure for your better year. If it is, you can use averaging. Then, check if the difference between your profits for the 2 years is more than 30% of your profit for the better year. If it is, work out the average by adding together the profits for the 2 years, and divide the total by 2."}
{"_id": "482798", "title": "", "text": "\"The short answer is \"\"yes\"\", paying more towards the loan as soon as a you can will reduce the interest. There are calculators or you could work up a spreadsheet using the specialized family of functions: PMT, PPMT, IPMT. My personal view: The amount of interest you offset in this manner is going to be fairly small (I'm going to guess less than $5 or $10 a month, but I haven't done the math). I would say what is more important is to automate your payments at a comfortable level, while making sure your other obligations are taken care of. Then add an extra payment when you save up a chunk of money to pay towards it. Make sure you never miss a payment. That means making sure you set up emergency fund to cover the payments if you lose your job or need to visit a sick family member for a while or the car breaks down or ....\""}
{"_id": "482810", "title": "", "text": "Think again.    **All prosperity** ultimately comes from the generation -the *creation*- of wealth.    We create wealth out of the ether when we take a thing -a physical item- which is worth little and turn it into a thing that is worth more with the power of an idea and the application of labor.  On a macro scale, that translates into the manufacturing sector.  The manufacturing sector in the US has *changed*, it's not gone.  It's spectacularly healthy in a plethroa of new ways, while all the old ones have died off or are dying a slow death.  The new manufacturing sector demands skill, not just attendance.  *Unskilled* work is drying up, because under current laws unskilled people cost more to employ than they can possibly produce, but someone with a skill in trade can get a job in half a heartbeat, especially if they are willing to move to where the job is.  No nation of any size can prosper without the internal generation of real wealth.  The idea that we can be a nation of bankers and managers is laughable and is precisely what got us into our current situation.  The future is and *will always be* in making new things.  Labor is not a derogative word and it does *not* equate to a second-class existence, as pay rates are currently demonstrating.  It was geniuses working in the trades who were the innovators and entrepreneurs that built American industrial power (thus, economic power) in the first place.    It will be again."}
{"_id": "482813", "title": "", "text": "There are many gas stations where I live that already have different prices if you pay for cash vs. credit.  In addition, some small businesses are doing this as well.  My wife bought a birthday cake from a bakery.  If you paid with cash, you saved 5%."}
{"_id": "482815", "title": "", "text": "\"A home actually IS a terrible investment. It has all the traits of something you would NEVER want to plunge your hard-earned money into. The only way that buying a house makes good money sense is if you pay cash for it and get a really good deal. It should also be a house you can see yourself keeping for decades or until you're older and want something easier to take care of. Of course, nothing can replace \"\"sense of ownership\"\" or \"\"sense of pride\"\" other than owning a house. And your local realtor is banking (really, laughing all the way to the bank) on your emotions overcoming your smart money savvy. This post really goes to work listing all the reasons why a house is a horrible investment. Should be required reading for everyone about to buy a house. Why your house is a terrible investment - jlcollinsnh.com TLDR; - You must decide what is more important, the money or the feelings. But you can't have both. If you read the article linked and still want to buy a house...then you probably should.\""}
{"_id": "482824", "title": "", "text": "December, 9, 2011 (01:30pm) :- December rally comes to be end yesterday. on 1st December Nifty starts with the bullish mark of 5000 but all these rally are hurted by the non -  confidence on the FDI policy in multi brand but little bit effect also comes from the hearing on 2G spectrum case in which our home minister Mr. Chidambaram are on the accused on the trials.  That's why investors are dissatisfy and starts selling on the Nifty.  Our domestic Institutional investors are totally in selling position on 7th December, they sold Rs 190.11 &amp; on 8th December, they are sold Rs 197.51 in stock market.  Nifty have strong support at 4850 above this level it's trend totally bullish side."}
{"_id": "482852", "title": "", "text": "\"&gt; It\u2019s also not coming out of the revenue from Amazon, ie money that could be used to pay workers. It\u2019s stock that derives it\u2019s value from what other people are willing to pay for it.   I'm not saying I agree or disagree with the piece, but that bit of logic is like saying \"\"Sam has been paid $0.03 an hour since the 1980s to stuff Microsoft CD's into packages.  His pay has nothing to do with why Bill Gates is so rich, which is solely from his stock in Microsoft.\"\"\""}
{"_id": "482857", "title": "", "text": "(Reuters) - Citigroup Inc Chief Executive Vikram Pandit resigned abruptly on Tuesday, effective immediately, a shock change at the top of the No. 3 U.S. bank just one day after a surprisingly strong quarterly earnings report.  Analysts and investors quickly raised red flags about the timing, saying it did not appear to be a natural transition and rather suggested some sort of dispute at the bank.   http://news.yahoo.com/citigroup-ceo-vikram-pandit-resigns-121623250--sector.html"}
{"_id": "482871", "title": "", "text": "\"Yahoo's \"\"Adj Close\"\" data is adjusted for splits, but not for dividends. Despite Yahoo's webpage's footnote saying  *Close price adjusted for dividends and splits. we can see empirically that the \"\"Adj Close\"\" is only adjusted for splits. For example, consider Siemens from Jan 27, 2017 to Mar 15, 2017: The Adj Close adjusts for splits: On any particular day, the \"\"Adj Close\"\" is equal to the \"\"Close\"\" price divided by the cumulative product of all splits that occurred after that day. If there have been no splits after that day, then the \"\"Adj Close\"\" equals the \"\"Close\"\" price. Since there is a 2-for-1 split on Mar 14, 2017, the Adj Close is half the Close price for all dates from Jan 27, 2017 to Mar 13, 2017. Note that if Siemens were to split again at some time in the future, the Adj Close prices will be readjusted for this future split. For example, if Siemens were to split 3-for-1 tomorrow, then all the Adj Close prices seen above will be divided by 3. The Adj Close is thus showing the price that a share would have traded on that day if the shares had already been split in accordance with all splits up to today. The Adj Close does not adjust for dividends: Notice that Siemens distributed a $1.87 dividend on Feb 02, 2017 and ~$3.74 dividend on Jan 30, 2017. If the Adj Close value were adjusted for these dividends then we should expect the Adj Close should no longer be exactly half of the Close amount. But we can see that there is no such adjustment -- the Adj Close remains (up to rounding) exactly half the Close amount: Note that in theory, the market reacts to the distribution of dividends by reducing the trading price of shares post-dividend. This in turn is reflected in the raw closing price. So in that sense the Adj Close is also automatically adjusted for dividends. But there is no formula for this. The effect is already baked in through the market's closing prices.\""}
{"_id": "482884", "title": "", "text": "\"A DCF includes changes in working capital which is a source or use of cash.  I also don't like your characterization of enterprise value as \"\"cashless\"\" because it's also \"\"debtless\"\".  It's capital structure independent -- just like a DCF is.  **That's the common theme.**\""}
{"_id": "482891", "title": "", "text": "Excel Floor Polishing has over 10 years of experience providing expert flooring solutions to customers across a wide range of industries. We are a highly reputable and dependable company, offering grinding, polishing, buffing and sealing of concrete, marble, terrazzo, granite, insitu, limestone and sandstone surfaces."}
{"_id": "482892", "title": "", "text": "You can do a bunch of sales if you price your product too low to make any money. Lots of sales, not much revenue. Kind of like what Square is going through right now.  Now if you do a lot of sales at a good price, leading to good revenue and cash flow, THEN you are winning.  EDIT: Before people get pedantic over my Square analogy, yes, I know they are making a lot of revenue but their margins are  incredibly thin and the bulk of their revenue goes immediately to Visa/MC etc so the analogy still works. Lots of sales, not much green."}
{"_id": "482903", "title": "", "text": "While @BrianRogers makes some good points, there are a few things you need to consider from the FICO perspective that I want to lay out simply for you:"}
{"_id": "482905", "title": "", "text": "Oh man. That's awful. Thank you for sharing this.   Hey, I'm writing a larger piece on some of the challenges we face today, and both data overload and data legitimacy are a part of it.   It would be great to have someone inside the industry to talk to about this. When I get there do you mind if I reach out to you so I can learn more?"}
{"_id": "482919", "title": "", "text": "The strategy could conceivably work if you had sufficient quantity of shares to fill all of the outstanding buy orders and fill your lower buy orders.  But in this case you are forcing the market down by selling and reinforcing the notion that there is a sell off by filling ever lower buy orders.  There is the potential to trigger some stop loss orders if you can pressure it low enough.  There is a lot of risk here that someone sees what you are doing and decides to jump in and buy forcing the price back up.  Could this work sure.  But it is very risky and if you fail to create the panic selling then you risk losing big.  I also suspect that this would violate SEC Rules and several laws.  And if the price drops too far then trading on the stock would be halted and is likely to return at the appropriate price. Bottom line I can not see a scenario where you do not trigger the stop, net a profit and end up with as many or more stock that you had in the first place."}
{"_id": "482921", "title": "", "text": "The big problem with lending money to friends and family is that if things go sour with the deal than you can lose something a lot more valuable than the money associated with the deal. As a result of that I no longer lend money to friends and family. If I have the extra money available and I know someone is really in need I'll give them the money no strings attached before I'll lend any. If they decide to give back the amount given at some point in the future so be it, but there will be no expectations. Thanksgiving dinner just has a different taste to it when someone at the table owes someone else money."}
{"_id": "482927", "title": "", "text": "I did this for a few years and the best way I found was via http://xe.com/ It uses a bank transfer from your UK bank to xe.com (no fees from bank or xe). On the Canadian side, they use EFT (Electronic Fund Transfer, no fees from bank or xe.com) They have very competitive exchange rates. To make a transfer, you log in to xe and arrange your transfer. This locks in the rate and tells you how many GBP you need to transfer in. Then, transfer your money from the UK bank into xe using the details they provide. Two or three days later the money shows up in your Canadian acount. There's a bit of paperwork they need to set it up but it's not very hard. After it's set up, everything else is online. Enjoy!"}
{"_id": "482932", "title": "", "text": "K, welcome to Money.SE.  You knew enough to add good tags to the question. Now, you should search on the dozens of questions with those tags to understand (in less than an hour) far more than that banker knows about credit and credit scores.  My advice is first, never miss a payment. Ever. The advice your father passed on to you is nonsense, plain and simple. I'm just a few chapters shy of being able to write a book about the incorrect advice I'd heard bank people give their customers. The second bit of advice is that you don't need to pay interest to have credit cards show good payment history. i.e. if you choose to use credit cards, use them for the convenience, cash/rebates, tracking, and guarantees they can offer. Pay in full each bill.  Last - use a free service, first, AnnualCreditReport.com to get a copy of your credit report, and then a service like Credit Karma for a simulated FICO score and advice on how to improve it. As member @Agop has commented, Discover (not just for cardholders) offers a look at your actual score, as do a number of other credit cards for members.  (By the way, I wouldn't be inclined to discuss this with dad. Most people take offense that you'd believe strangers more than them. Most of the answers here are well documented with links to IRS, etc, and if not, quickly peer-reviewed. When I make a mistake, a top-rated member will correct me within a day, if not just minutes)"}
{"_id": "482955", "title": "", "text": "\"There are mutual funds oriented toward kids or that are suitable in some way (e.g. they have low minimums). Here are two articles with mention of some of them: Of those only USAA First Start Growth is explicitly for kids: http://quote.morningstar.com/fund/f.aspx?t=UFSGX or https://www.usaa.com/inet/pages/mutual_funds_reports Another fund aimed at kids is Monetta Young Investor http://quote.morningstar.com/fund/f.aspx?t=MYIFX or http://www.younginvestorfund.com/ The diversified funds (with fixed income) like USAA First Start Growth, Vanguard STAR, Pax World Balanced, etc. have the nice property that they won't be as volatile and may spend less time \"\"underwater,\"\" so that might better convey the value of investing (vs. an all-stock fund where it could be kind of depressing for years on end, if you get bad luck). Though, I feel the same principle applies for adults. Kids may appreciate intangible aspects of the funds, e.g. Pax World Balanced invests in sustainable companies, Ariel Appreciation also has some social parameters and I think the guy running it does charity work with kids, that type of thing. There should be quarterly and annual reports on mutual funds (or stocks) that would give kids something to read and think about related to the investment. Disclaimer: none of these funds are recommendations, I have not researched them in any detail, just giving you some leads.\""}
{"_id": "482957", "title": "", "text": "Investing in individual long-term fixed income instruments now is probably not going to make you much money right now unless you do intend to hold onto the thing and it's low yield for 15 years. The yield is actually not the best out there, see these similar examples: I'm a more aggressive and active investor, so I'd never consider making a 15 year commitment to a low rate like this. If you value stability and safety, and don't care about inflation protection, you may find this an attractive investment. I'm using New York municipal bond funds that I bought a few months back for the stable/safety portion of my portfolio. (I'm a NY resident, so there is a tax benefit)"}
{"_id": "482963", "title": "", "text": "If someone owns a house that is not paid off...can someone buy it by taking another mortgage? Yes, but I'm not sure why you think the buyer would need to take another mortgage to buy it. If someone sells their home for X dollars, then the buyer needs X dollars to buy the house. How they get that money (use cash, take out a mortgage) is up to them. During the closing process, a portion of the funds generated from the sale are diverted to pay off the seller's loan and any leftover funds after closing are pocketed by the seller. What kind of offer would be most sensible? I assume that in this case the current owner of the house would want to make a profit. The amount that the house is sold for is determined by the market value of their home, not by the size of the mortgage they have left to pay off. You make the same offer whether they own their home or have a mortgage."}
{"_id": "482965", "title": "", "text": "Your wild tangents and attacks on liberal straw men demonstrate to me that continued discussion along these lines is futile. I have stated that it is a lesser evil to force business owners to serve the public without prejudice than it is to allow prejudice to thrive unabated in the private sector. You have said nothing regarding this point; you have only repeated your ideological stance that property rights are paramount without providing any evidence to show why this is preferable."}
{"_id": "482968", "title": "", "text": "This question is likely to be voted closed as opinion-based. That said - In general people have become accustomed to instant gratification. They also have the media showing them luxury and are enticed every day to buy things they don't need.  In the US, the savings rate is awfully low, but it's not just the lower 50%, it's 75% of people who aren't saving what they should.  see http://web.stanford.edu/group/scspi/_media/working_papers/pfeffer-danziger-schoeni_wealth-levels.pdf for an interesting article on the topic of accumulated wealth."}
{"_id": "482972", "title": "", "text": "As a parent, I call bullshit on this. I may or may not retire rich, but my kids will have more opportunity than I did, and they will have the benefit of learning what I have learned about entrepreneurship, what my wife has learned about medicine, about what we both have learned about health, debt, relationships, sleep, cooking, self reliance, and so on.  We are the first generation in each of our families to be upper middle class, none of our parents had college degrees.  Our kids go to better schools than we did, and will have more opportunities than we did. If they take advantage of them, they will be more successful than we are.  This is not luck. This is by design, because we don't think of the well-being of our kids and future grand kids and future great grandkids in terms of our current income or our own lifetimes. We don't buy the most expensive cars or houses or clothes we can. We save, invest, pay down debt incurred from mortgage and student loans before we knew better, put money into a future for our children.  Us focusing our entire lives from the day we graduated from high school with no money and no job up until now, and into the future, has been and will be geared toward making sure my future family has it better than I did or my parents did.  Sure, we are lucky enough to have been born now in America and not to have been tragically murdered or disabled, and lucky enough to have had roads and access to public school, but to say my family is simply lucky is horseshit.   We are very fortunate and it is important to be grateful for the luck we have had, but decades of focus and sacrifice and dedication with a specific focus on increasing income and saving cannot be dismissed, and a dynastic focus on generational wealth building simply cannot be called only luck."}
{"_id": "482974", "title": "", "text": "New technologies continue to emerge rapidly to make things easier for us at homes and offices. But not all of them are appreciated by the users and most of them are discontinued after not receiving the anticipated feedback. However, one technology that emerged as a boon for businesses is of the VoIP or the Voice over Internet Protocol system."}
{"_id": "482991", "title": "", "text": "I don't see how this is a problem.  It's their homes, not yours.  And why are your needs as a long term renter more important than the needs of the other people renting short term? If it truly were a problem, the returns on investment to short term would be lower than long term.  I.e., you are ripping off your landlord, he should raise his rent or kick you out and make an airbnb."}
{"_id": "482992", "title": "", "text": "Euroshopfronts.com give fordable business with security doors, security shutters and toughened glass shop fronts to offering a comprehensive portfolio of timely and valuable wonderful lead for emergency aluminium shopfronts by full remote control shutter to get anti bandit auto open collapsible gates, frameless glass shop fronts, open grille roller shutters etc."}
{"_id": "483016", "title": "", "text": "Weird situation. It sounds like there were options for a non implantable, wearable option. The microchip basically serves as an advanced employee badge. I don't understand the outrage at all. My guess is that the people complaining are reacting to the soundbyte instead of the reality of the situation."}
{"_id": "483018", "title": "", "text": "Hits to your credit rating for canceling one of the newer cards will be a small hit for a few months.  You do have some options.  I also believe that a person with good credit should have multiple cards: I like having a cash back card for the majority of our transactions. Unfortunately that card isn't accepted everywhere, so I have two other cards with broad market coverage to make sure we always have an option if the vendor doesn't take the main card.  Also having multiple cards makes sure that if there is an issue with one card you are never caught without a card. One time the main card was rejected by a gas station because my wife just used the same account to buy gas across town. When we got home their was a fraud alert message on our phone."}
{"_id": "483020", "title": "", "text": "When asked the question \u201cin three words how would you describe yourself?\u201d many interviewees freeze up, or provide a poorly prepared answer such as \u201cnice, smart, tall\u201d, which is in no way helpful to the interviewer. Instead one should choose words that are specific and unique to you and you alone. Here are 100 if you need some help:"}
{"_id": "483024", "title": "", "text": "As a non medical person, I think it would be difficult to look at a list of services, treatments, surgeries and drug costs and figure out, in advance, which providers I would go to. It would definitely be impossible if I were unexpectedly sick or injured. That's why it would be much easier to have a single payer system to negotiate all those prices. After all, we don't individually have to figure out the best private company from which to buy fire department or police services, or roads, and it seems to work out ok and there isn't any middleman to drive up prices."}
{"_id": "483025", "title": "", "text": "\"You've laid out a strategy for deciding that the top of the market has passed and then realizing some gains before the market drops too far.  Regardless of whether this strategy is good at accomplishing its goal, it cannot by itself maximize your long-term profits unless you have a similar strategy for deciding that the bottom of the market has passed.  Even if you sell at the perfect time at the top of the market, you can still lose lots of money by buying at the wrong time at the bottom. People have been trying to time the market like this for centuries, and on average it doesn't work out all that much better than just plopping some money into the market each week and letting it sit there for 40 years. So the real question is: what is your investment time horizon?  If you need your money a year from now, well then you shouldn't be in the stock market in the first place.  But if you have to have it in the market, then your plan sounds like a good one to protect yourself from losses. If you don't need your money until 20 years from now, though, then every time you get in and out of the market you're risking sacrificing all your previous \"\"smart\"\" gains with one mistimed trade.  Sure, just leaving your money in the market can be psychologically taxing (cf. 2008-2009), but I guarantee that (a) you'll eventually make it all back (cf. 2010-2014) and (b) you won't \"\"miss the top\"\" or \"\"miss the bottom\"\", since you're not doing any trading.\""}
{"_id": "483026", "title": "", "text": "yeah... no track record.  Here's what I'm predicting:  PayPal-like policies designed to keep money in limbo (aka a float operation).  Personally, I'm surprised that Visa, Mastercard, et. al. haven't applied Dodd-frank transaction fee limits to prevent square from inserting itself between the consumer and creditor."}
{"_id": "483041", "title": "", "text": "Absolutely take advantage of getting your series 7. Sure, you're first position will likely sponsor you, but think of this as having Something on your resume that no other grad will have.   If I interviewed a grad who I liked, and he/she still had an effective series 7 license, I'd be drawn to hire him/her. The money id save the comp on sponsoring them and the initiative it shows to receive the 7 while in college would give you more bonus points then anyone else."}
{"_id": "483043", "title": "", "text": "If you are looking for more details and information on attorney Tyler, TX and bankruptcy attorney Tyler, TX then please visit our website. The humble bankruptcy attorney Tyler, TX gets perhaps more bad press than just about anybody.You could be a professional last-beer-in-the-fridge-drinker and still get less flak than your average lawyer."}
{"_id": "483048", "title": "", "text": "Dude.Maybe some people are sleeping in the next room and I'm lounging and watching the show and the remote isn't at arms length. They all have to get woken up just because the show switched to an ad?  I set the fucking tv at the fucking level I want to fucking hear it. That should be enough. Advertisers go out of their way to fuck with the signal to make the ads louder, that shit ain't right. Douche."}
{"_id": "483057", "title": "", "text": "How is wanting what he reserved and paid for kicking the ladder out from under him? He reserved and paid a premium for a convertible. If the rental company doesn't want to stock a convertible, don't offer it as a reservable option, and don't charge someone a premium and then give them a non premium car."}
{"_id": "483064", "title": "", "text": "There's no way the reader encrypts the data before it gets to the phone.  If any of the phones have a backdoor (increasingly more common), the remote attacker can just sit back and soak up credit card numbers.  Bad, bad idea."}
{"_id": "483081", "title": "", "text": "1.What are the tax implications - income tax, gift tax, wealth tax etc. for the money credited in the NRO Account? As the funds are transferred by your wife to you, there is NO Income. Hence Income Tax rules don't apply. It would be treated as GIFT and come uder Gift Act. As per gift Act, one can transfer unlimited amount between close releatives. The defination of close relative as per Income Tax includes parents, spouse, siblings etc. The interest you earn in NRO account is taxable in India. 2.Can I transfer this money to my parents and would that attract any tax?. I understand my parents will have bear any tax based on income they earn on my transfer... Are there any tax implications for me? You can transfer this money to your parents. This will not be taxable to you. It will not be taxable to your parents as its Gift. Any income earned by your parents on this will ofcourse be taxable. 3.Can I move this money to NRE account and what is the process for that and how easy it is? Its best if you had your wife send funds into NRE account. Direct transfer as much as know is not allowed. Having said that, it is possible to transfer funds out of India via proper paperwork, there is also a limit [quite large] on the amount that can be transferred a year. Get a CA to help you with the paperwork."}
{"_id": "483098", "title": "", "text": "No, there is no standard. I see all kinds of paper sizes, and the amount, date, etc. is all over the place. They are all rectangular, but otherwise there seems to be a lot of freedom."}
{"_id": "483123", "title": "", "text": "\"The question is: how do you quantify investment risk? As Michael S says, one approach is to treat investment returns as a random variable. Bill Goetzmann (Yale finance professor) told me that if you accept that markets are efficient or that the price of an asset reflects it's underlying value, then changes in price represent changes in value, so standard deviation naturally becomes the appropriate measure for riskiness of an asset. Essentially, the more volatile an asset, the riskier it is. There is another school of thought that comes from Ben Graham and Warren Buffett, which says that volatility is not inherently risky. Rather, risk should be defined as the permanent loss of capital, so the riskiness of an asset is the probability of a permanent loss of capital invested.  This is easy to do in casino games, based on basic probability such as   roulette or slots. But what has been done with the various kinds of   investment risks? My point is saying that certain bonds are \"\"low risk\"\"   isn't good enough; I'd like some numbers--or at least a range of   numbers--and therefore one could calculate expected payoff (in the   statistics sense). Or can it not be done--and if not, why not? Investing is more art than science. In theory, a Triple-A bond rating means the asset is riskless or nearly riskless, but we saw that this was obviously wrong since several of the AAA mortgage backed securities (MBS) went under prior to the recent US recession. More recently, the current threat of default suggests that bond ratings are not entirely accurate, since US Treasuries are considered riskless assets.  Investors often use bond ratings to evaluate investments - a bond is considered investment grade if it's BBB- or higher. To adequately price bonds and evaluate risk, there are too many factors to simply refer to a chart because things like the issuer, credit quality, liquidity risk, systematic risk, and unsystematic risk all play a factor.  Another factor you have to consider is the overall portfolio. Markowitz showed that adding a riskier asset can actually lower the overall risk of a portfolio because of diversification. This is all under the assumption that risk = variance, which I think is bunk.  I'm aware that Wall Street is nothing like roulette, but then again   there must be some math and heavy economics behind calculating risk   for individual investors. This is, after all, what \"\"quants\"\" are paid   to do, in part. Is it all voodoo? I suspect some of it is, but not all   of it. Quants are often involved in high frequency trading as well, but that's another note. There are complicated risk management products, such as the Aladdin system by BlackRock, which incorporate modern portfolio theory (Markowitz, Fama, Sharpe, Samuelson, etc) and financial formulas to manage risk.  Crouhy's Risk Management covers some of the concepts applied.  I also tend to think that when people point to the last x number of   years of stock market performance, that is of less value than they   expect. Even going back to 1900 provides \"\"only\"\" 110 years of data, and   in my view, complex systems need more data than those 40,500 data   points. 10,000 years' worth of data, ok, but not 110. Any books or articles that address these issues, or your own informed   views, would be helfpul. I fully agree with you here. A lot of work is done in the Santa Fe Institute to study \"\"complex adaptive systems,\"\" and we don't have any big, clear theory as of yet. Conventional risk management is based on the ideas of modern portfolio theory, but a lot of that is seen to be wrong. Behavioral finance is introducing new ideas on how investors behave and why the old models are wrong, which is why I cannot suggest you study risk management and risk models because I and many skilled investors consider them to be largely wrong. There are many good books on investing, the best of which is Benjamin Graham's The Intelligent Investor. Although not a book on risk solely, it provides a different viewpoint on how to invest and covers how to protect investments via a \"\"Margin of Safety.\"\" Lastly, I'd recommend Against the Gods by Peter Bernstein, which covers the history of risk and risk analysis. It's not solely a finance book but rather a fascinating historical view of risk, and it helps but many things in context. Hope it helps!\""}
{"_id": "483147", "title": "", "text": "\"No, because you didn't lose anything. When you exercise ISO \"\"at loss\"\" you're buying stock without a discount, that's it.\""}
{"_id": "483155", "title": "", "text": "That's the one I use.  They've been around a long time.  I've had no problems."}
{"_id": "483156", "title": "", "text": "I'd go with 19.99 free shipping if you can. Especially with stuff like Amazon Prime people hate paying for shipping nowadays and they'll just look for your product or something similar where it ships free.  If you can take the $2 haircut 19.99 is a much nicer sounding number to people."}
{"_id": "483159", "title": "", "text": "I made the assumption that someone following the conversation would have understood that when I said is been disproven it was within the context of the minimum wage conversation. If you were unaware of the context of the conversation you ought to have read the post. My point is not 'all over the place'. It is and has only ever been that increasing wages does not increase demand. That's absolutely economics 101."}
{"_id": "483168", "title": "", "text": "\"There is a site that treats you like a fund manager in the real market, Marketoracy, http://marketocracy.com/. Each user is given 1 million in cash. You can have multiple \"\"mutual funds\"\", and the site allows use to choose between two types of strategies, buy/sell, short/cover. Currently, options are not supported. The real value of the site is that users are ranked against each other (of course, you can op out of the rankings). This is really cool because you can determine the real worth of your returns compared to the rest of investors across the site. A couple years back, the top 100 investors were invited to come on as real mutual fund managers - so the competition is legitimate. Take a look at the site, it's definitely worth a try. Were there other great sites you looked at?\""}
{"_id": "483185", "title": "", "text": "\"A car loan might be considered \"\"good\"\" debt, if the following circumstances apply: If, on the other hand, you only qualify for a subprime loan, or you're borrowing to buy a needlessly expensive car, that's probably not a good idea.\""}
{"_id": "483191", "title": "", "text": "From their 10-K pulled directly from Edgar:  As of October 22, 2015, there were 291,327,781 shares of Alphabet   Inc.\u2019s (the successor issuer pursuant to Rule 12g-3(a) under the   Exchange Act as of October 2, 2015) (Alphabet) Class A common stock   outstanding, 50,893,362 shares of Alphabet's Class B common stock   outstanding, and 345,504,021 Alphabet's Class C capital stock   outstanding. From here just do the math. The shares outstanding are listed on the first page of the 10-Q and 10-K reports. Edit: I believe Class B shares in this instance are not traded on the market and therefore would not be included."}
{"_id": "483216", "title": "", "text": "It's possible that there used to be more middle ground.  Or maybe there was more acceptance that business was in the business of business, instead of business is an agent of social change (although I would argue that 'social change' is often an agent of business).   Or perhaps there's just more internet than there was when Eisenhower was president."}
{"_id": "483218", "title": "", "text": "The generic representative of interest rates is the 10 year treasury bond rate. (USA). As an approximation most other interest rates do tend to move up and down with the treasury rate, but with more or less sensitivity.  Another prominently discussed interest rate is the short term loan rate established by the Federal Reserve for loans it makes to banks."}
{"_id": "483220", "title": "", "text": "As has been said before, going from nothing to something is an infinite percent increase! It is not 100%. Maybe you had a dollar and now have $101 that is a 10000% increase! Quite remarkable. I often work with symmetrized percent changes like: spc = 100 * (y2-y1)/(0.5 * (y1+y2)) Where I compute the percent with respect to the average. First this is more stable as often measurements can have noise, the average is more reliable.  Second advantage is also that this is symmetric. So going from 95 to 105 is a 10 % increase while going from 105 to 95 a 10% decrease. Of course you need to explain what you show."}
{"_id": "483223", "title": "", "text": "\"Most of the new cars should come with the following in the basic model: The rest of the features will be extra and usually a part of a \"\"package\"\" (like bluetooth comes with the \"\"connectivity package\"\") that is offered when you buy the higher trim levels. For example the first trim level above basic might come with a nicer stereo with sound system, but you might have to buy the 3rd or top trim level in order to get leather seats and/or sunroof. Typically you can pay extra to get the Bluetooth with most of the trim levels, or have it installed for cheaper after you guy the vehicle. (One note if you are buying a Chevy, if you don't buy the factory Bluetooth package and want to put in an aftermarket one you have to disable the Onstar system in order to be able to run the Bluetooth though the car sound system) Automatic Transmission is typically $500-$1000 more expansive than getting a manual, although many vehicles do no offer a manual option these days.\""}
{"_id": "483232", "title": "", "text": "Standard Deviation is a mathematical term that is useful in many areas. It can be considered a measure of how tight the data points are to the average. If there is consistency in the measurement system, then a point that is two standard from the average can be considered an outlier. It doesn't even need to be time based. We can say that a child born weighing less than X pounds is more than 2 standard deviations below the average.  Using it to look at a price or an index value doesn't make a lot of sense because many expect there to be long term growth. For example you would never say that you will buy a new jacket for your child when they are two standard deviations above their average height. You can say you will buy or sell a financial instrument when the P/E ratio is 2 standard deviations from some average. It could be the average of the long term history, or the index, or the sector. You could do the same thing for earnings per share or many other business of financial statistics. A standard deviation calculated from a time series assumes that the measurement will normally stay withing some bounds. And that straying from those bounds is a sign of the right time to buy or sell."}
{"_id": "483236", "title": "", "text": "The thing that makes me laugh is that Sears got famous by innovating the mail order catalog.  They then went to local stores, and completely got caught out on same convention that they helped pioneer.  Simply putting images in peoples hands and letting them order the product.  Sears could still be around if it would have focused on a decent online distribution center."}
{"_id": "483238", "title": "", "text": "STEM Initiative In Education deepens their understanding of science, technology, engineering and mathematics and how their principles and processes can be used together to achieve an outcome. This build skills that are inquiry and project based, developing creativity and critical thinking skills based on real world context. Feel free to visit us at: http://stemandeducation.greatwebsitebuilder.com/blog/day-care-franchise-opportunities-galore"}
{"_id": "483242", "title": "", "text": "More children is more opportunity for more safety net money and more of your genes out there in the future at the cost of everyone practicing responsible reproduction.  Everyone has a choice.  It's not a habit either, it's a deliberate choice to take the most advantage from aid money possible."}
{"_id": "483261", "title": "", "text": "On the occasion of this new year 2017, choose to join hands with Transformations Coaching and Hypnotherapy and work towards shedding your extra weight. We conduct sessions on weightloss hypnosis which focus on changing your lifestyle, habit, behavior, outlook and thoughts. As we fully dedicate ourselves to your cause, we are more than willing to back our sessions with result assurance. Get in touch with us today!"}
{"_id": "483265", "title": "", "text": "\"A savings account and a checking account (or a \"\"demand\"\" account, or a \"\"transactional\"\" account) have different regulations.  For example, fractional reserve requirements are 10% against checking accounts, but 0% against savings accounts.  The theory is that savings accounts are sticky, while checking accounts are hot money. So the Fed wants to stop banks from creating accounts that are regulated as savings accounts but have the features of checking accounts.  In the past, this was done by forbidding banks to pay interest on checking accounts.  They eliminated that rule back in the inflation years, and instead imposed the rule that to qualify as a savings accounts for regulatory purposes, banks must discourage you from using them as transactional accounts.  For example, by limiting the number of withdrawals per month that can be made from a savings account. If the Fed gave up on trying to enforce a distinction, I suspect there would soon no longer be a distinction.\""}
{"_id": "483268", "title": "", "text": "The time horizon for your 401K/IRA is essentially the same, and it doesn't stop at the day you retire. On the day you do the rollover you will be transferring your funds into similar investments. S&P500 index to S&P 500 index; 20xx retirement date to 20xx retirement date; small cap to small cap... If your vested portion is worth X $'s when the funds are sold, that is the amount that will be transferred to the IRA  custodian or the custodian for the new employer. Use the transfer to make any rebalancing adjustments that you want to make. But with as much as a year before you leave the company if you need to rebalance now, then do that irrespective of your leaving. Cash is what is transferred, not the individual stock or mutual fund shares. Only move your funds into a money market account with your current 401K if that makes the most sense for your retirement plan. Also keep in mind unless the amount in the 401K is very small you don't have to do this on your last day of work. Even if you are putting the funds in a IRA wait until you have started with the new company and so can define all your buckets based on the options in the new company."}
{"_id": "483269", "title": "", "text": "\"There is probably a better way, but you can do the following: (1) Right click on the right pointing arrow next to the \"\"1-20 of xx rows\"\" message at the bottom right of the table, and select \"\"Copy link location\"\" (2) Paste that into the location (3) At the end of the pasted text there is a \"\"&output=json\"\", delete that and everything after it. (4) hit enter What you get is a page that displays the set of securities returned by and in a very similar display to the \"\"stock screener\"\" without the UI elements to change your selections. You can bookmark this page.\""}
{"_id": "483273", "title": "", "text": "Whichever is most convenient for the two of you, so it will depend on the situation. If you two are close by, cash is probably the best option. Your friend can hand it over to you in a number of ways. If you two are far apart, a cheque would probably be the better option. You don't want cash to get stolen from the mail. If it is international and/or you need it ASAP, something like Western Union would work better. It would cost me ~$80 (USD, not sure what fees are for CAD), but comes with additional protections to prevent fraud. Your friend could deposit the money on one side of the world, and you could pick it up at another side of the world within the hour (assuming cash, other payment methods may take longer). Other considerations:"}
{"_id": "483274", "title": "", "text": "Cities aren't hungry for amazon, they're hungry for companies that will make good jobs, increasing tax base and whose workers salaries, when spent in the city, will pull in more businesses.  Our economy got hollowed out over the last 15 years and there isn't a single place that isn't trying to restore some of that."}
{"_id": "483282", "title": "", "text": "The other answers in this thread do a fine job of explaining the economic situation that banks are in. In addition to that information, I would like to point out that it is not hard to avoid a monthly fee for Canadian bank accounts. Usually this involves keeping a minimum balance of a few thousand dollars at all times. Actual examples (as of Dec 2016) for the lowest tier chequing accounts. Includes information on the minimum balance to waive the monthly fee, and the monthly fee otherwise:"}
{"_id": "483285", "title": "", "text": "\"Remember that the rental market and the property market are markets.  For any given location and level of quality, if it were a clearly superior choice to buy over rent, then more people would buy, and less would rent, driving prices down for rentals.  The value of \"\"owning\"\" as opposed to paying rent and never owning is priced into that, at least at locations and levels of quality where owning is a possibility (and that is nearly always a possibility, even at very low levels of quality). This is true even disregarding your personal circumstances, unless you're looking in an area that has a lot of people like you (San Francisco, perhaps).  Given your personal circumstances, you have strong incentives to be on the renting side, unless there are major pressures on the housing market that cause property to be far cheaper than it should.  This was true in 2009-2011, but is mostly not true anymore (though some areas have yet to fully come out of the crash).\""}
{"_id": "483295", "title": "", "text": "\"Invest in gold. Maybe will not \"\"make\"\" money but at least preserve the value.\""}
{"_id": "483299", "title": "", "text": "An additional way to get a better grip on the mechanics of what you're looking to do is to use a paper trading tool. For example, thinkorswim gives you $200k in virtual money to trade with- money you don't have to worry about as you might initially make mistakes in trading futures. As mentioned above, each product has it's own pricing and trading options on futures (derivatives of derivatives) is even more confusing, so you'll be well-served by a risk-free learning tool."}
{"_id": "483304", "title": "", "text": "When you invest in Linksys router, you get Linksys smart Wi-Fi service that comes free of cost. You can use this features for configuring various settings in Linksys router. Access Linksys smart Wi-Fi feature via a web browser. If you get issue while accessing it then contact our team on a toll-free number or interact live with the team."}
{"_id": "483305", "title": "", "text": "Does it transfer your business? We offer a service of advice and search of buyers. We guide you through the whole process, helping you to get around the cheating of the buyers and, above all, to close the transaction with the best investor. value your business in Florida, you will have at your side a team very experienced and completely focused on the understanding of the business and the dynamics of your sector, working side by side with you to maximize the value at the time of the sale."}
{"_id": "483308", "title": "", "text": "Granted this is an article on Argentina's debt but something that is not mentioned here is how Vulture Funds work. It is my understanding that Vulture Funds purchase debt which is considered weak or on the verge of default at discounted prices with the sole intention of holding out on the debt and blocking any settlements until they can get significantly higher payment on their bonds than their original investment (plus interest on the amount plus profits). Essentially, then Vulture Funds sole purpose is to profit off financially distressed debtors. So the court is ruling that all the shareholders who agree to the payout must wait until those shareholders that do not agree to the payout are accommodated (those shareholders who bought their debt cheap from debt holders that  wanted to sell and get out while the getting out was good). So much for the concept of risk or investing into the project, that speculators and financiers tote out whenever they want to describe the benefits their activities bring to the economy?"}
{"_id": "483315", "title": "", "text": "McDonald's buys exclusively chopped and ground meat. Part of the process is to douse all meat in ammonia to kill pathogens.  It evaporates away, so there should only be trace amounts more than what existed in the meat to begin with.   But I'm sure it does something to the flavor.  The meat at a supermarket (if ground in house - those tubes of beef don't count) won't have gone through the same process."}
{"_id": "483316", "title": "", "text": "\"Thank you. I'm so tired of the \"\"2 years experience required\"\" for an entry level position. Resulting in my resume going directly in the trash. I have a fucking masters in my field but \"\"academic internships\"\" and academic research apparently don't count as experience.         \u00af\\_(\u30c4)_/\u00af  It's almost as if these places are trying to hire their own staff. I can't get the job if I need the job already to get the job!?!\""}
{"_id": "483322", "title": "", "text": "Fair points, but these things all use our existing body functions, aside from electro-mechanical assists. It's when we start doing genetic alterations that I'm wondering about. Will it be like GMOs \u2014 immediate gains that everyone takes to, but with genetic effects that don't become apparent until later, or will side effects become immediately obvious and correctible?  But I probably am worrying for nothing (my personal makeup). The western world is already a couple of generations ahead of the undeveloped world. A leap like this won't have any tangible effect on them that doesn't already exist. And maybe this will be something that can level the playing field for our poor (like downloadable learning)."}
{"_id": "483330", "title": "", "text": "I do not like Home Depot\u2019s customer service. Their App can be as snappy as it wants - I have a good experience with Amazon. I trust it to arrive without dents or not to  be the wrong model, and an easy method to solve it if that is the case.   Dealing with Home Depot for anything requiring customer service has always been irritating in the past, and compared to other companies that have similar jobs (like Joyful Honda here in Japan) really show how a brick-n-mortar store can successfully compete against Costco and Amazon - by having a good staff in each department - not just the 1 guy everyone depends on."}
{"_id": "483332", "title": "", "text": "\"Drug and alcohol treatment of group and individual addiction recovery treatment programs continue in the world. If you are looking treatment centers for drug addiction, then \"\"World Recovery Centers\"\" is the best one way for you. Our all professional staff provides valuable help to thousands of individuals struggling with drug abuse. Because the drug substance can affect any kind of people all ages, genders and cultural backgrounds.\""}
{"_id": "483334", "title": "", "text": "interesting proposition. can't say i disagree with it entirely. i certainly don't want to apply the same label to the young singer that gets applied to real VC's who have repeatedly funded companies that worked out.   then again, what he's doing is venture capitalism at it's most basic level. so...  i'm torn."}
{"_id": "483337", "title": "", "text": "Who wrote this?  Just because some people -- and aparantly the author -- don't know the meaning of some of these doesn't mean they are useless phrases.  But to close the loop on this\u2026 = Always the more theoretical Business Development/Strategy guys who say this, so they can sound thorough?  Not.  Try: put a process in place to make certain that the things we just decided to do actually get done, either by assigning a third party to or using an automated system to regularly check for failure to progress, and deliver that information to someone that can do something about it.  This is low-hanging fruit = Get this done quickly?  How about, this can be done quickly and brings disproportionate and important immediate benefits, so we should do it first."}
{"_id": "483342", "title": "", "text": "Indeed you very are correct.  I just didn't want to emphasize too much details as I couldn't recall the video. Kinda wish I had a copy for reference. I vaguely recalling that while the labor may be more expensive than if they were to have done it in their homeland China, they got tax incentives as it was a former furniture factory, they hired most if not all of those workers from said factory and changed the factory too handle fridges and similar hardware. While they had to ship sober back to their homeland China, I think it was mentioned exporting here to there was cheaper and easier."}
{"_id": "483354", "title": "", "text": "5 STAR BUSINESS CREDIT BUILDER http://www.5starbusinesscreditbuilder.com/ Robert Wade info@5starbusinesscreditbuilder.com +17029034068 Las Vegas, Nevada 89133 You know how frustrating getting business credit and financing can be when you are trying everything and getting nowhere? I solve this. I help you get business credit for your company EIN that\u2019s not linked to you personally, or your personal credit. Secure HIGH-limit vendor, store, fleet, and cash credit in your business name without a personal guarantee or personal credit check. No collateral or cash flow is required for approval. I also help you secure business loans and credit lines with great terms, even if you\u2019ve been told \u201cno\u201d at your bank. Access low interest credit lines and long term loans, and get funding in 72 hours or less. I help you get approved even if you are a startup, have credit issues, or have no collateral. Contact me now for your no-cost business credit and financing consultation to learn more about the credit and financing you can qualify for now. ??? http://www.5starbusinesscreditbuilder.com/"}
{"_id": "483365", "title": "", "text": "I have mine at Ally also.  I've been transitioning about 75% of it in to a ladder of 18x 18 month CDs rather than leaving it in the regular savings.  The early withdrawal penalty is so low, at just a portion of accrued interest, that the funds are essentially liquid.  It was the safest way I could find an additional 0.25%.   Additionally, Ally gives a rate bump when you renew a CD.  The bump is currently 0.05% but it's been as high as 0.25%.  When I was building the ladder I started by buying 6, 9, 12, 18 month CDs every month, so the shorter duration CDs would generate the renewal bump on renewal."}
{"_id": "483368", "title": "", "text": "In common with many companies, Microsoft has been engaging in share buyback programmes, where it buys its own shares in the market and then cancels them. It's often a more tax-efficient way to distribute profits to the shareholders than paying a dividend. So there were more Microsoft shares in circulation in 1999 than there are now. See here for information."}
{"_id": "483385", "title": "", "text": "It depends on the business entity. If the entity is a sole proprietorship or a general partnership, the individual are considered to be the business. There are no shares, and so yes, the owner would have to take on 75% of the expenses. For example, in the event of a lawsuit, if the claimant were awarded $1,000,000, the 75% partner would be personally liable for $750,000. In the event of a corporation, there are shares, so the responsibility is on the management of the company, not the owners, to come up with money for the expenses of the business. That money can come from the business' capital, which is the money owners have put in. Basically, for a corporate entity, the owner is not responsible for 75% of expenses, for a partnership, yes, they are."}
{"_id": "483389", "title": "", "text": "\"Are you talking about a country besides the US?  And you're talking about a commercial bank, right?  In the US, banks don't buy gold from consumers.  The last time they sort of did (in the early 1900s), they were trading gold coins for gold certificates, and then they later stopped allowing consumers to trade them back.  This is known by a well-known financial term: \"\"Gotcha, suckers!\"\" If someone were naive enough to deposit a $50 Gold American Eagle today in a bank, the depositor will get a credit of $50 on their account, and later some clever person will ask the teller if they have any \"\"strange money\"\" lying around, and that lucky person will be able to withdraw a $1,700 coin for $50, if it lasted for even a second in the teller's drawer. But let's say you're going to a place that does indeed still buy gold coins. The discount depends on the type of coin, and the type of damage.  An old (collectible) coin has a part of its value set by the gold value, and part by the collector's premium.  Better specimens command better collector's premiums, so a damaged coin, as long as it isn't a chunk of the coin missing, won't be worth less than the melt value.  (You may not get that much from a dealer, but it should be fairly close.)  If part of the coin is missing, then the person buying it should weigh the coin and adjust the price proportionately.  It's likely, though, that if you have the items in a safe, you may have a puddle or blob of gold, but it should still all be there unless someone takes it.  Gold melts at about 1850 degrees Fahrenheit, but it would take half the surface temperature of the sun for it to boil away.  If it's unidentifiable, it may need to be assayed again.\""}
{"_id": "483394", "title": "", "text": "What might make more sense is to 'capture' your losses.  Sell out the funds you have, move into something else that is different enough that the IRS won't consider it a wash sale, and you can then use those losses to offset gains (you can even carry them forward)   You would still be in the market, just having made a sort of 'sideways move'.  A month or two later (once you are clear of wash sale rules) you could shift back to your original choices.  (this answer presumes you are in the US, or somewhere that lets you use losses to offset gains)"}
{"_id": "483400", "title": "", "text": "Sure did. For starters, it's important to note that many things that people label as public goods are not public goods. Roads and security services are not. Now if you're talking about the air that we breathe and bodies of water, then that is an issue for the legal system. A man could own a section of a river that runs through his property and - assuming that it was a clean river when he took ownership of it - he would have homesteaded the right to have that river be clean. He can only pollute it to the extent that it doesn't hurt others downstream, and he has a legal claim against any who would pollute it from upstream.  &gt; If private roads are so great, why didn't private institutions come up with the national highway system?  If state management of roads is so great, why did they have to steal land from private individuals to create a national highway system? If the benefits were so great, they should have been able to articulate that to the people along said highway and not taken their land by force. To directly answer your question: because the private sector doesn't come up with just anything and everything. It comes up with things that are mutually beneficial.  &gt; Will you trust private security to enforce our laws? How will you privatize the justice system?  It's not a matter of trust since I advocate a system of polycentric law, but I *would* prefer a market based system of law because it would provide more flexibility for consumer preferences and reduce conflict. There are videos that explain [here](https://www.youtube.com/watch?v=A8pcb4xyCic) and [here](https://www.youtube.com/watch?v=jTYkdEU_B4o).  &gt; In your view, what are the benefits of the profit motive behind private prisons?  I actually don't think that a private system of law would have a prison system like we have today. I personally see little use for one at all, but [here](https://www.youtube.com/watch?v=SzYJYSm-MfI) is one theory on the market for a market based system of prisons."}
{"_id": "483437", "title": "", "text": "What sort of amount are we talking about here, and what countries are you travelling to?  As long as it's not cash, most countries will neither know or care how much money is in your bank account or on your credit card limit, and can't even check if they wanted to. Even if they can, there are very few countries where they would check without already suspecting you of a crime. I think you're worrying over nothing. Even if it's cash, most countries have no border control anyway, and those who do (UK, Ireland) allow up to \u00a310,000 or so cash without even having to declare it... Just open a second bank account and don't take the card (or cut the card up). Use online banking to transfer money in smaller chunks to your main account. Alternately (or additionally) take a credit card or two with a smaller limit (enough to make sure you're comfortably able to deal with one month plus emergency money). Then set up your regular bank account to pay this credit card off in full every month. If I was really concerned, I'd open a second bank account and add a sensible amount of money to it (enough to cover costs of my stay and avoid questions about whether I can afford my stay, but not so much it would raise question). Then I'd open two credit cards with a limit of perhaps $1000-2000: one covers the costs of living wherever I'm going, the other is for emergencies or if I misjudge and go over my amount per month. Set up your bank to pay these off each month, and you're sorted Honestly, I think you're worrying over nothing. People travel inside Europe every day with millions in the bank and raise no questions. You're legally allowed to have money!"}
{"_id": "483440", "title": "", "text": "Not entirely accurate. Urine it depends on frequency of smoking its not a solid number. If say you smoke once and have not for months it would be below a standard test within about 2 maybe 3 days  Maybe even sooner depending on the smoker. To test positive for over 2 weeks you smoke a lot and often."}
{"_id": "483441", "title": "", "text": "If you keep going over budget with your credit card, then stop using the credit card. If you plan to pay off the card every month, then your balance should always be under whatever your budget is.  For example, if you budget to spend $500, then even though your card has a limit of $5,000 you will never carry a balance of over $500.  Most banks have an option to email and / or text message you when you pass a certain balance threshold; in this instance, you would set two notices, one when your balance exceeds $400 (warning you that you're close & need to start paying closer attention), and one when you exceed $500. Additionally, maybe you aren't ready to pay for everything with your credit card.  I prefer to use mine just for groceries, and then pay it off at the end of the month.  Whatever rewards you get for putting all of your purchases on the card are more than paid for when you cross your budget limit, costing you more in interest and fees.  Perhaps starting with just one type of purchase (groceries or gas are good choices, as most consumers are fairly consistent in their purchases of both) would allow you to ease into using the card until you get used to managing your budget with it. Personal finances are all about behavior, not knowledge.  Don't worry too much about slipping up right now and making a mistake; just keep practicing good behavior with your credit card, and soon managing your budget with it will be as natural for you as when you only used cash."}
{"_id": "483453", "title": "", "text": "\"Yea. Almost every form I fill out wants to know \"\"Employer Name\"\". They don't even bother checking \"\"Are you Self Employed\"\". Of course, I end up writing \"\"Self Employed\"\" in employer name field anyway.   In the United States, it is even harder because EVERY state has their own labor and employment laws. You are a freelancer but what if you need to travel to a client site in a different state. Bam, you gotta file taxes for that state as well even if you made like a few hundred bucks.   Too much red tape and it is really hard to change.\""}
{"_id": "483456", "title": "", "text": "I've only tried this on the UK HSBC website / updated May 2017 After sitting on the phone for about a half hour I got instructions and want to share them to stop anyone else going through the same rigmarole I did. First, you will need: Follow these steps: It will save them in the list of past payment recipients when you click on the Payments link from the quick links on the dashboard view. Hope this saved someone some time."}
{"_id": "483480", "title": "", "text": "\"Say you're buying a 400K house. Your relative finances 120K (30%). Say I'm optimistic, but the real-estate market recovers, and your house is worth 600K in 5-6 years (can happen, with the inflation and all). The gain is 200K. Your relative gets 100K. You repay him 220K on 120K loan for 5 years. Roughly, 16% APR. Quite an expensive loan. I'm of course optimistic, it seems to me that so is your relative. The question is: if the house loses value in that term, does your relative take 50% of the losses? Make calculations based on several expected returns (optimistic, \"\"realistic\"\", loss case, etc), and for each calculate how much in fact will that loan cost. It will help you to decide if you want it. Otherwise your relationships with your relative might go very bad in a few years. BTW: Suggestion: it's a bad idea to mix business and friend/family you don't want to lose.\""}
{"_id": "483485", "title": "", "text": "Parker &amp; Rawling Consultancy is a well known name in Far East countries providing Commercial and contractual advice Services in UAE mainly in construction industry.Parker &amp; Rawling Consultancy provides Financial claims preparation Services in UAE,Financial analysis and planning Services in UAE.Parker &amp; Rawling Consultancy are specialists in Preparation of claims Services in UAE, Kuwait, and Qatar for constructions projects. Visit www.parkerrawling.ae."}
{"_id": "483488", "title": "", "text": "The NYSE is not the only exchange in the world (or even the only one in the USA). Amazingly, the London stock exchange works on London time, the Shanghai exchange works on Shanghai time and the Australian stock exchange works on Sydney time. In addition futures exchanges work overnight."}
{"_id": "483489", "title": "", "text": "I think you're a little confused about taxes. First, I'm guessing that you feel your lack of home ownership makes your taxes higher.  That might be true, or it might not.  The main tax break you would get from home ownership is the mortgage interest deduction, and that is a fraction of what you're paying in interest.  So, yeah, your tax bill is lower, but 3-4 times that amount is going out the door in interest.  Plus, when you buy a property, you may have substantial taxes on that property that your landlord is paying now. Secondly, yes, you can deduct expenses on a business, but that only can be done without income for so long before the IRS begins disallowing your deductions.  But if you're making money, the expenses come right off of your income. Third, owning a business means that you get the privilege of paying a self-employment tax, which is the same thing that your employer now pays into Social Security on your behalf.  More taxes! So in short, owning and operating a business has the potential to be more rewarding than holding down a job -- and I recommend starting up a side business just to get another income stream going -- but the tax savings really aren't that appealing to do it just for those."}
{"_id": "483564", "title": "", "text": "I have no idea if Wikivest can handle options, but I've been pretty satisfied with it as a portfolio visualization tool. It links automatically with many brokerage accounts, and has breakdowns by both portfolio and individual investment levels."}
{"_id": "483588", "title": "", "text": "That's exactly what immunofort is saying, and it lines up with established financial theory (well, some of it).  The general argument is that stocks are priced according to what risks they're exposed to.  Several (although not all) of the major financial economics theories propose (and find empirical evidence for this) that the market as whole is a risk factor, so individual stocks would be priced in part based on how correlated they are with the market.  Strictly speaking, the risk free rate is purely theoretical and can't be directly observed, but the US T-bill yield is usually considered to be a pretty good proxy for it."}
{"_id": "483594", "title": "", "text": "\"That would be great ... if there were an objective and impartial standard for \"\"worth to society\"\". But there isn't, and so the price system (if uncorrupted by coercion) works beautifully. You don't have to decide if he's \"\"contributing to society\"\", you just decide if you want to buy his good at his price. If you think he's charging too much, then don't!  Of course crony capitalism, subsidies, and lobbyist-directed government coercion kind of mess up the entire price system.\""}
{"_id": "483595", "title": "", "text": "What the other's said is right. You build credit by paying over time. Keeping your balance under the halfway mark of your limit and paying it down over the course of a fair amount of periods yields the best results. So if you have a limit of $1500 then charge a $600 credit and pay $100+ interest over 6 months. Best yet are loans with fix installments. This behavior tells the credit agencies you are responsible and you pay your debts. In their eyes you are a low risk high ROI, statistically speaking."}
{"_id": "483617", "title": "", "text": "Society does not seem to have a problem with prospective college students using Alzheimer's drugs to improve college board scores, but they do have a problem with  athletes using steroids and human growth hormones to improve athletic performance.    If this is not the case, then why are athletes tested for performance enhancing drugs, while students taking entrance exams are not.  It seems like a double standard."}
{"_id": "483620", "title": "", "text": "The above is very true, but the biggest bang for your buck can also be in the RESP, assuming you qualify for the grant of 20% per year...it's hard to beat free money from the government...in this account, your investment grows, and the growth and grant is taxed in the hands of the child when it is withdrawn. (Normally, they dont have much income at this point, so pay little or no tax)  However, you do not get any income tax deduction or tax break at the time you make the deposit."}
{"_id": "483637", "title": "", "text": "There is no special activity type (or provider) for this situation. Depending on the car rental agency, it is either a normal charge, and they later return the charge as necessary; or it is a normal authorization (like in a restaurant) that does never get confirmed (so it falls off the credit card after about three days)."}
{"_id": "483644", "title": "", "text": "\"You cannot recharacterize a distribution from an IRA the way you can recharacterize a contribution. It the latter case, you are in effect telling your IRA custodian to treat the contribution as having been made to a different kind of an IRA from the very first day that the contribution was originally made. As described in JoeTaxpayer's answer, you can put back the distribution into the same IRA account or establish a new IRA account (of the same type) and deposit the distribution into the new account. Note carefully you have 60 days (not two months) to complete this maneuver and that postmarks don't count: the money must be deposited into the account, not just received by the custodian. Also, the 60-day clock starts on the day that the distribution was made by the IRA custodian and not the day you received the money. If you choose to put back the money into the \"\"wrong\"\" kind of IRA as described above, you can take a distribution from the \"\"right\"\" kind of IRA, and effectively achieve a kind of \"\"recharacterization\"\" of the net distribution, but the mechanics are more complicated and the deadlines a lot tighter.\""}
{"_id": "483648", "title": "", "text": "Totally depends on the drivers of the downturn. Keep in mind that in ~2005, both real estate and short-term bonds would arguably have been reasonable answers to this question (without the benefit of hindsight, of course).  e: After re-reading your post, it looks like you were asking about (I assume) equity investments by sector rather than asset classes more broadly. I'm not sure equity in any sector can be considered a safe haven in a downturn. Utilities are the typical answer, but they didn't do much better than equity markets in general in 2008-2009."}
{"_id": "483659", "title": "", "text": "A true capitalist economy would use a monetary system selected by the market, which would probably be facilitated by competition between multiple decentralized digital currencies.   PayPal's behaviour is made possible because we are forced to use a centrally controlled monetary system at gunpoint."}
{"_id": "483664", "title": "", "text": "\"After reviewing the tax treaty between New Zealand and Australia, I think the issue is whether or not you have an interest in a \"\"permanent establishment\"\" in Australia where you do business.  The bank is not relevant as it is merely the vehicle by which you collect payment and would only come into the picture if you had an income bearing account (which you have indicated you do not). Even if you work out of the offices of the Australian company, you do not have a financial interest in their offices and as such, would pay taxes on the income in New Zealand (see documentation below). https://www.ato.gov.au/business/international-tax-for-business/foreign-residents-doing-business-in-australia/tax-on-income-and-capital-gains/#permanentestablishment\""}
{"_id": "483675", "title": "", "text": "That's a good question. Are these internet companies actually natural monopolies ? I'm unsure about that, but if it is true they fall  into the category of enterprises such as utilities that many have argued should be removed from private ownership and placed in some collective ownership. The record of privately owned utilities has been truly dismal from a public interest point of view."}
{"_id": "483676", "title": "", "text": "No, this isn't possible, especially not when you're trading a highly liquid stock like Apple. When you put in your buy order at $210, any other traders that have open limit sell orders with the correct parameters, e.g. price and volume, will have their order(s) filled. This will occur before you can put in your own sell order and purchase your own shares because the other orders are listed on the order book first. In the US, many tax-sheltered accounts like IRA's have specific rules against self-dealing, which includes buying and selling assets with yourself, so such a transaction would be prohibited by definition. Although I'm not entirely sure if this applies to stocks, the limitation described in the first paragraph still applies regardless. If this were possible, rest assured that high-frequency traders would take advantage of this tactic to manipulate share prices. (I've heard critics say that this does occur, but I haven't researched it myself or seen any data about it)"}
{"_id": "483695", "title": "", "text": "IRA and 401k are investment accounts. 401k accounts may be limited in what you're allowed to invest in more than the IRA, but still - these are investment accounts. The money you deposit in them - is invested, per your instructions.  What happens to it is up to you. When you leave your job, if you have some unvested match balance in the 401k, it may be refunded back to your employer, but your own contributions are always vested."}
{"_id": "483704", "title": "", "text": "\"There's no \"\"183 days\"\" rule. As a US citizen you must pay taxes on all your income, where you live is irrelevant.\""}
{"_id": "483722", "title": "", "text": "But for every hard working, risk taking, successful person, there are another ten that failed (and had to spend a few years recovering/repaying what was lost).    It isn't just hard work.  It isn't just intelligence.  It isn't just risk taking.  It isn't just luck.  It is a combination of all of those.  I think the prevalence of individuals with those characteristics descends in that order.  Making luck the bottleneck of success."}
{"_id": "483734", "title": "", "text": "Gold since the ancient time ( at least when it was founded) has kept its value. for example the french franc currency was considered valuable in the years 1400~ but in 1641 lost its value. However who owned Gold back then still got value.  The advantage of having gold is you can convert it to cash easily in the world. it hedges against inflation: it is value rise when inflation happend. Gold has no income,no earnings. its not like a stock or a bond. its an alternative way to store value the Disadvantages of investing in Gold  Gold doesnt return income , needs physical storage and insurance, Capital gains tax rates are higher on most gold investments. the best way to invest gold when there is inflation is expected. source"}
{"_id": "483762", "title": "", "text": "One person on /r/Economics had a personal comment:  Have briefed Powell a few times in my career. Also not a republican (or partisan in any way). I never realized he was republican, especially given Obama nominated him. While I prefer an economist in the mold of Bernanke or Yellen, this is probably the best possible outcome. Always found Powell to be inherently interested in understanding the details, listening to the people around h, and being pragmatic and effective in approach. While I think some changes at the fed should occur, I think they are far more subtle than the nonsense of the gold standard or a Taylor rule.   http://www.reddit.com/r/Economics/comments/79q2xk/trump_is_expected_to_name_jerome_powell_as_next/dp46etk  Sorry for any possible weird formatting, I'm on mobile."}
{"_id": "483765", "title": "", "text": "Oracle specifically is paying a dividend with a current yield of about 1.4% annually and has appreciated nearly 50% over the last 5 years.  Granted, the past doesn't guarantee the future but the company has paid a pretty steady dividend since 2009.  If you're buying as part of an employee program you would presumably be holding the shares for a long time and the daily and even monthly movements aren't terribly relevant to a long term holding period. Additionally, you may be able to buy the shares at a discount to the market price as part of your employee program.  You probably also won't pay any transaction fee."}
{"_id": "483777", "title": "", "text": "If I were in your shoes (I would be extremely happy), here's what I would do: Get on a detailed budget, if you aren't doing one already. (I read the comments and you seemed unsure about certain things.)  Once you know where your money is going, you can do a much better job of saving it. Retirement Savings: Contribute up to the employer match on the 401(k)s, if it's greater than the 5% you are already contributing. Open a Roth IRA account for each of you and make the max contribution (around $5k each).  I would also suggest finding a financial adviser (w/ the heart of a teacher) to recommend/direct your mutual fund investing in those Roth IRAs and in your regular mutual fund investments. Emergency Fund With the $85k savings, take it down to a six month emergency fund.  To calculate your emergency fund, look at what your necessary expenses are for a month, then multiply it by six.  You could place that six month emergency fund in ING Direct as littleadv suggested.  That's where we have our emergency funds and long term savings.  This is a bare-minimum type budget, and is based on something like losing your job - in which case, you don't need to go to starbucks 5 times a week (I don't know if you do or not, but that is an easy example for me to use).  You should have something left over, unless your basic expenses are above $7083/mo. Non-retirement Investing: Whatever is left over from the $85k, start investing with it. (I suggest you look into mutual funds) it.  Some may say buy stocks, but individual stocks are very risky and you could lose your shirt if you don't know what you're doing.  Mutual funds typically are comprised of many stocks, and you earn based on their collective performance. You have done very well, and I'm very excited for you. Child's College Savings: If you guys decide to expand your family with a child, you'll want to fund what's typically called a 529 plan to fund his or her college education.  The money grows tax free and is only taxed when used for non-education expenses.  You would fund this for the max contribution each year as well (currently $2k; but that could change depending on how the Bush Tax cuts are handled at the end of this year). Other resources to check out: The Total Money Makeover by Dave Ramsey and the Dave Ramsey Show podcast."}
{"_id": "483809", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans North Hollywood CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Get Auto Car Title Loans North Hollywood CA 11604 Sylvan St # 7, North Hollywood, CA 91606 424-343-2256 nhautoloans@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-north-hollywood-ca/"}
{"_id": "483829", "title": "", "text": "No No No . . .backtracking on all the tough talk will make the Orange Cheeto look even more ignorant than he already is.  The only way out of this mess is to exit the deal, the Iranians don't have the Tech to build a bomb or you think they would still be putting up with this shit.  Look at the North Koreans, they had, they flew it, the Blew it and now they are safe.  Here is to a Nuclear Middle east and Peace"}
{"_id": "483846", "title": "", "text": "And yet they still do not realise that Uber is not a source of income! It is nothing but a payday loan scam, where you borrow money against your future self, and pay Uber 25% of it.  But if you think 5 or 6 cents a mile is a valid income, before tax(!) - then please do carry on!"}
{"_id": "483890", "title": "", "text": "Let's say two companies make 5% profit every year. Company A pays 5% dividend every year, but company B pays no dividend but grows its business by 5%. (And both spend the money needed to keep the business up-to-date, that's before profits are calculated).  You are right that with company B, the company will grow. So if you had $1000 shares in each company, after 20 years company A has given you $1000 in dividends and is worth $1000, while company B has given you no dividends, but is worth a lot more than $2000, $2653 if my calculation is right. Which looks a lot better than company A.  However, company A has paid $50 every year, and if you put that money into a savings account giving 5% interest, you would make exactly the same money either way."}
{"_id": "483895", "title": "", "text": "\"...or neither. Even if the overall benefit of X transport system is positive, if there isn't enough concentrated economic need, willingness to pay, and high risk long term investors, it won't generate enough momentum to go forward. This is especially true if sufficient \"\"I've got mine\"\" options exist.\""}
{"_id": "483896", "title": "", "text": "The NCS Council will provide good governance and leadership by understanding their role. The following principles set out both the responsibilities and the overall ethos of the Society\u2019s Council. Company Name: The National Counselling Society  Address: 19 Grafton Road Worthing West Sussex BN11 1QT UK   Phone: 01903 200666 Email: admin@nationalcounsellingsociety.org  Website:  https://www.nationalcounsellingsociety.org/about-us/governance/"}
{"_id": "483916", "title": "", "text": "\"ER it might have some bearing on, depending on where you're looking to work. M&amp;A, no, not really.   EDIT: Just caught the \"\"level 1\"\" bit. No, probably not. Level 1 is a relatively general look at finance overall (lots of information, but not necessarily very deep).\""}
{"_id": "483942", "title": "", "text": "This depends on the state law. In case of the State of New York - these are the criteria for sourcing the NY income: As a sole proprietor or partnership, your New York source income   includes: Business activities As a nonresident sole proprietor or partnership, you carry on a   business, trade, profession, or occupation within New York State if   you (or your business): As you can see, the qualification depends on the way you do business, and the amount of business transactions you have in New York. If it is not clear to you - talk to a CPA/EA licensed to practice in the State of New York to give you an advice."}
{"_id": "483961", "title": "", "text": "&gt;if publicly-traded companies (including JPMorgan, Goldman Sachs, and Morgan Stanley) are deemed to be integral to U.S. national security (meaning protecting the integrity of the dollar), they can legally be excused from reporting their true financial condition.  They are allowed to keep two sets of books.  Is this actually true? WTF-worthy if it is."}
{"_id": "483970", "title": "", "text": "You have an incredibly narrow definition of AI. I'm currently researching ATC systems as a potential thesis topic and genetic algorithms are very commonly used in this area. I would argue that any definition of AI that doesn't include genetic algorithms is too narrow. A large chunk of my AI course was dedicated to genetic algorithms."}
{"_id": "483979", "title": "", "text": "No, but the damage to the quality/reputation of the brand can be very real. Amazon absolutely has an inventory problem where they  are turning a blind eye to counterfeit goods. This problem is exacerbated by their commingling of inventory, where they can get the same item from multiple suppliers - where some of the goods are genuine and some are counterfeits and they are mixed together. If the good being bought is listed on Amazon as genuine, but the consumer is shipped a low-quality fake, then it is reasonable for the customer to assume the quality of the good is low as they assume Amazon would not ship a counterfeit.  In Birkenstock's case, they are alleging that very thing happened. Amazon was allegedly selling counterfeits that they got from other sources than directly from Birkenstock [via the authorized seller option], and then were shipping those to customers - causing damage to the Birkenstock brand. Though, if that were true, I would expect Birkenstock to sue Amazon and not simply badmouth them."}
{"_id": "483984", "title": "", "text": "I'd be surprised if this ended in a materially-damaging final settlement. It may take more than 5 years to resolve, unless a smoking gun is produced. If PWC and outside counsel really issued written opinions, it could get a lot messier. Especially when we tip over into another recession, the IRS will come under intense Congressional pressure to cut a nominal deal."}
{"_id": "483987", "title": "", "text": "That's not really decent reporting at that point though is it. It would be a bit like not reporting that the economic situation in Europe, or China properly, because people have certain expectations, or indeed like modifying reporting to please advertisers or shareholders..."}
{"_id": "483991", "title": "", "text": "The finance sector is comprised of such enterprises as banks, investment funds, insurance companies and real estate. It is traditionally contrasted with what has been called the 'real economy' because funds created and utilized in this sector produce neither goods, services or fixed capital. The unproductive nature of transactions can easily be seen in such things as real estate. When a company undertakes to build a house or whatever its input goes directly to the labor and goods necessary for such a project. At its worst the financial sector mobilizes funds not just for production but for simple acquisition. Should a company raise the funds to buy an already existing building or the mortgage on same quite obviously nothing is produced. Same building on day one as when it was owned by another.   That, of course, is an extreme example as are corporate takeovers via private equity. In that case the efforts of the financial sector are not just non-productive but are often in fact ''anti-productive'' as they destroy or prevent the use of real factors of production. This 'anti-productive' action was demonstrated on a massive global scale during the last financial crisis.   The basically parasitic nature of the financial sector isn't always so blatant. There are some that argue that its 'services' can be valuable to the real economy. Perhaps, but that has to be determined on a case by case examination **and** while keeping the idea ''is there a better way to do this** in one's mind."}
{"_id": "483998", "title": "", "text": "Do your own oil change! If you are a hands-on person, you could also avoid the cost of the semi-annual oil change, by doing it yourself.  Edmunds.com has a great how-to to help you accomplish this.  Be prepared for dirty fingernails!  But savings, you will realize, as an oil change will run you anywhere from $20 - $200 (if you drive a European car and require a specialized filtre)."}
{"_id": "484009", "title": "", "text": "Standard options are contracts for 100 shares. If the option is for $0.75/share and you are buying the contract for 100 shares the price would be $75 plus commission. Some brokers have mini options available which is a contract for 10 shares. I don't know if all brokers offer this option and it is not available on all stocks. The difference between the 1 week and 180 day price is based on anticipated price changes over the given time. Most people would expect more volatility over a 6 month period than a 1 week period thus the demand for a higher premium for the longer option."}
{"_id": "484011", "title": "", "text": "Like a dog staring at a bone, I just cannot keep myself from jumping on this. Distrust and caution are the parents of security.   - Benjamin Franklin That, in a nutshell, explains my view on mint.com and any other such service."}
{"_id": "484016", "title": "", "text": "Well I just had my interview about 2 weeks ago and some of these questions DID come up.  So these are a start, but also you should just pay attention carefully to your finance course literature.  Things like price/yield relations of bonds. How does maturity affect their price sensitivity? What does dividend issuance do to the value of an equity's stock?  As to your next summer internship... I find it a little weird that you'd be involved in VC.  No offense, but those people usually have many years of background in an industry before they start giving seed money to prospective companies.  Maybe some specifics on what you'd actually be doing for a VC firm could help me help you."}
{"_id": "484017", "title": "", "text": "But the US has a higher rate than any other OECD country. So you are still taxing profits from money that wasn't made in the US.  Obviously way more complicated, but it's pretty insane. It can be even worse for an individual. Oh, and imagine you'd like to start a sole propietorship overseas as a US citizen. You either renounce or have insane compliance costs."}
{"_id": "484035", "title": "", "text": "\"This is to make you all guys there to be beware of Mr. Jay Mulein.  He tells people he will give them \"\"free\"\" life insurance. The client fills out the documents to purchase the insurance. Mr. Mulein borrows our money to make the first year premium payment. And Finally Robs you of thousands of dollars and never returns.\""}
{"_id": "484042", "title": "", "text": "\"Jobs do indeed create work, which gives people an income, which allows them to spend money, which increases demand thus creating jobs. I was just pointing out that it is circular, in a very simplified way.   *You know... from the article... that we are commenting on? Redistribution of wealth?*  quote: \"\"The problem with this idea, however, isn't that putting more money into the hands of consumers won't increase consumer demand (it will),\"\"  Should I take a screenshot and put it on imgur for you?\""}
{"_id": "484043", "title": "", "text": "One important thing though, while the experience is generally 90% the same to the rider, drivers may have vastly different experiences with the two companies. As long as there are fares to pick up drivers will probably still drive for a service, but that is another, secondary demographic of users that ride sharing companies need to consider/support/keep happy. And that side of things can have a *hugely* varying user experiences based on how the companies operate."}
{"_id": "484054", "title": "", "text": "\"As I stated when a post regarding this company was made a few days ago.  &gt;\"\"This business model works until they get bigger and bigger, then it will end up losing them money or losing the theaters money which would make them end their contracts.\"\"\""}
{"_id": "484055", "title": "", "text": "\"I know nothing about the guy, but I think the \"\"premium\"\" products (Penny stock recommendations, a newsletter devoted to earning 12% per year, every year, etc) sold by his firm speak for themselves.\""}
{"_id": "484070", "title": "", "text": "&gt;&gt; \u201cNobody with more than 5 years experience has a cybersecurity degree \u2014 they didn't exist 5 years ago,\u201d one Reddit user, /u/fishsupreme, wrote in a top-voted comment about Mauldin's retirement. \u201cAnd a Computer Science degree from 5-10 years ago didn't cover security topics any more than an MFA in music composition did.\u201d  [From a recent Washington Post article on the topic of qualifications.](https://www.washingtonpost.com/news/the-switch/wp/2017/09/19/equifaxs-top-security-exec-made-some-big-mistakes-studying-music-wasnt-one-of-them/?utm_term=.d6482410b0f0)  &gt; However, do you understand that Information Security is a highly specialized technical engineering field that requires tons of specific knowledge and understanding of technologies, protocols, cryptography, database, etc, etc, etc?  Yes, and a C-level position requires administrative and personnel management skills and understanding of security policy, not specialized technical engineering knowledge of protocols, cryptography, etc. (And not database lol.)  &gt; she has no clue about security.  When have I ever defended her actions? My only point is that the undergrad degree doesn't matter.  &gt; So give me a possible way how Susan got her job.  Five years at HP, a year at Sun Trust Banks, four years at First Data Corporation... that's like, ten years in technology and financial companies during which time it's impossible that she had gained any experience in technology or security that could have gotten her through the interview process  &gt; If contractors are more expensive than in-house employees, nobody will use contractors.  omg where to start. I'll just chalk that comment up to inexperience and lack of understanding of total staff costs over time. (Which is weird, because you then went on to point out that employees cost more over time, demonstrating the benefit of using contractors...)"}
{"_id": "484086", "title": "", "text": "\"According to the experts of liquid waste removal, this treatment process is divided in different stages for ensuring good quality water. The liquid is sent for undergoing a biological process that is called \"\"activated sludge process\"\" where it is mixed with air to generate oxygen in the liquid.\""}
{"_id": "484105", "title": "", "text": "The people who cause this sort of sell-off immediately are mostly speculators, short-term day-traders and the like. They realize that, because of the lowered potential for earnings in the future, the companies in question won't be worth as much in the future. They will sell shares at the elevated price, including sometimes shares that they borrow for the explicit purpose of selling (short selling), until the share price is more reasonable. Now, the other question is why the companies in question won't sell for as much in the future: Even if every other company in the world looks less attractive all at once (global economic catastrophe etc) people have other options. They could just put the money in the bank, or in corporate bonds, or in mortgage bonds, or Treasury bonds, or some other low-risk instrument, or something crazy like gold. If the expected return on a stock doesn't justify the price, you're unlikely to find someone paying that price. So you don't actually need to have a huge sell-off to lower the price. You just need a sell-off that's big enough that you run out of people willing to pay elevated prices."}
{"_id": "484110", "title": "", "text": "Exactly - it is as if the Vulture Funds do not get that when you invest in something, it might just go to zero.  Well, I suppose that might be for us common investors, but not for all.  Bailouts, and this sort of thing is what to expect for those on the other side of the apartheid wall."}
{"_id": "484112", "title": "", "text": "FTA  &gt; In late July, the San Francisco-based bank lowered the minimum credit score on these fixed-rate jumbo mortgages to 700 from 720,  For comparison with the bubble years, mortgages were being issued to those with FICO scores under 620."}
{"_id": "484129", "title": "", "text": "BIC and IBANN are used in EU (and some other OECD countries) for inter bank transfers. SWIFT is used everywhere for interbank transfers. In the US - IBAN system is not (yet, hopefully) available, so you have to use SWIFT. The codes may look the same, but these are different systems. More details here."}
{"_id": "484141", "title": "", "text": "\"[Link 1] (https://www.bloomberg.com/news/articles/2017-06-12/two-chinese-provinces-falsified-economic-data-inspectors-say)  [Link 2] (https://www.ft.com/content/a5bf42e2-03cf-11e7-ace0-1ce02ef0def9)  [Link 3] (https://www.ft.com/content/0361c1a4-bcfe-11e6-8b45-b8b81dd5d080)  China has been cooking their books, just like the U.S. has been doing it the past few years.  Just google \"\"U.S. Central banks buying stocks and bonds\"\", then connect the numbers.   **Insider Information:** At my previous company we sold solar manufacturing equipment.  I went to said Chinese city that bought our equipment.  They were producing ton loads of solar panels, I asked one of the manager's where all of the panels were being sold (domestic, or international?).  To my surprise, he said they warehoused the panels they produced; because, there weren't enough customers.   And, why were they warehousing the panels?  Because, the Chinese government needed to show numbers that jobs were plenty, and manufacturing was still strong.\""}
{"_id": "484148", "title": "", "text": "Its a new way of computing sales tax. Wikipedia has a nice article on this http://en.wikipedia.org/wiki/FairTax"}
{"_id": "484149", "title": "", "text": "mhoran answered the headline question, but you asked - Could someone shed some light on and differentiate between a retirement account and alternative savings plans? Retirement accounts can contain nearly anything that one would consider an investment. (yes, there are exception, not the topic for today). So when one says they have an S&P fund or ETF, and some company issued Bonds, etc, these may or may not be held in a retirement account.  In the US, when we say 'retirement account,' it means a bit more than just an account earmarked for that goal. It's an account, 401(k), 403(b), IRA, etc, that has a special tax status. Money can go in pre-tax, and be withdrawn at retirement when you are in a lower tax bracket. The Roth flavor of 401(k) or IRA lets you deposit post-tax money, and 'never' pay tax on it again, if withdrawn under specific conditions.  In 2013, a single earner pays 25% federal tax on taxable earnings over $36K. But a retiree with exactly $46K in gross income (who then has $10K in standard deduction plus exemption) has a tax of $4950, less than 11% average rate on that withdrawal. This is the effect of the deductions, 10% and 15% brackets.  As with your other question, there's a lot to be said about this topic, no one can answer in one post. That said, the second benefit of the retirement account is the mental partitioning. I have retirement money, not to be touched, emergency money used for the broken down car or appliance replacement, and other funds it doesn't feel bad to tap for spending, vacations, etc. Nothing a good spreadsheet can't handle, but a good way to keep things physically separate as well.   (I answered as if you are in US, but the answer works if you rename the retirement accounts, eg, Canada has similar tax structure to the US.)"}
{"_id": "484179", "title": "", "text": "The price of a future with an underlying that pays dividends is  As you can see, since the value of dividends is subtracted from the value of the underlying equity, the future's price is lowered if dividends rise. Compounding that effect with the dividend effect on equity prices, reducing their prices, the future should suffer more."}
{"_id": "484185", "title": "", "text": "From my understanding: Original Holding:  Siemens - 10,000 units at 80 Euros/unit Cost = 800,000 euros Spin-off: Every 10 Siemens get 1 OSRAM On July 5th, 2013: Siemens closing - 78 Euros On Monday, July 8th: Ex-date (opening) - 75 Euros Hence: Market value for:- 1.  Siemens: 75 * 10,000 = 750,000 euros 2.  OSRAM: (10,000 / 10) * (78 - 75) = 3,000 euros Total Market value = 780,000 + 3,000 = 753,000 euros Ratio for: 1. Siemens = 750,000 / 753,000 = 0.996015936 2. OSRAM = 3,000 / 753,000 = 0.003984063 Cost for: 1. Siemens = 800,000 * 0.996015936 = 796,812.75 2. OSRAM = 3,187.25"}
{"_id": "484190", "title": "", "text": "\"What most of these answers here seem to be missing is that a stock \"\"price\"\" is not exactly what we typically expect a price to be--for example, when we go in to the supermarket and see that the price of a gallon of milk is $2.00, we know that when we go to the cash register that is exactly how much we will pay.  This is not, however, the case for stocks. For stocks, when most people talk about the price or quote, they are really referring to the last price at which that stock traded--which unlike for a gallon of milk at the supermarket, is no guarantee of what the next stock price will be.  Relatively speaking, most stocks are extremely liquid, so they will react to any information which the \"\"market\"\" believes has a bearing on the value of their underlying asset almost (if not) immediately.  As an extreme example, if allegations of accounting fraud for a particular company whose stock is trading at $40 come out mid-session, there will not be a gradual decline in the price ($40 -> $39.99 -> $39.97, etc.)-- instead, the price will jump from $40 to say, $20.  In the time between the the $40 trade and the $20 trade, even though we may say the price of the stock was $40, that quote was actually a terrible estimate of the stock's current (post-fraud announcement) price. Considering that the \"\"price\"\" of a stock typically does not remain constant even in the span of a few seconds to a few minutes, it should not be hard to believe that this price will not remain constant over the 17.5 hour period from the previous day's close to the current day's open.  Don't forget that as Americans go to bed, the Asian markets are just opening, and by the time US markets have opened, it is already past 2PM in London.  In addition to the information (and therefore new knowledge) gained from these foreign markets' movements, macro factors can also play an important part in a security's price-- perhaps the ECB makes a morning statement that is interpreted as negative news for the markets or a foreign government before the US markets open.  Stock prices on the NYSE, NASDAQ, etc. won't be able to react until 9:30, but the $40 price of the last trade of a broad market ETF at 4PM yesterday probably isn't looking so hot at 6:30 this morning... don't forget either that most individual stocks are correlated with the movement of the broader market, so even news that is not specific to a given security will in all likelihood still have an impact on that security's price. The above are only a few of many examples of things that can impact a stock's valuation between close and open: all sorts of geopolitical events, announcements from large, multi-national companies, macroeconomic stats such as unemployment rates, etc. announced in foreign countries can all play a role in affecting a security's price overnight. As an aside, one of the answers mentioned after hours trading as a reason--in actuality this typically has very little (if any) impact on the next day's prices and is often referred to as \"\"amateur hour\"\", due to the fact that trading during this time typically consists of small-time investors.  Prices in AH are very poor predictors of a stock's price at open.\""}
{"_id": "484191", "title": "", "text": "The rev rec rule allows companies to fully restate transition years, but doesn't actually require it. It allows them to just do a one time adjustment to retained earning instead, which is what most companies are doing/will do.  Lots of huge companies have adopted earlier than they had to, so they clearly saw some benefit in doing so. I think some are absolutely considering the benefits of a superficial bump in the transition year.   Obviously not a huge shift in long term earnings though."}
{"_id": "484201", "title": "", "text": "Your brokerage might be cautious about allowing you to loan your IRA money in a Peer-to-Peer lending deal because it might result in a prohibited transaction (e.g. the other Peer is your son-in-law; for the purposes of IRAs, the spouse of a lineal descendant is treated the same as you, and the transaction will be treated as if you have borrowed money from your IRA). If you want to put the money into a lending club, then there might be issues of how the club is structured, e.g. who makes the decisions as to whom the money is loaned to. Such issues don't arise if you are putting the money into a money-market mutual fund, for example, but with new-fangled institutions such as lending clubs, your brokerage might just being cautious. If you want to open an IRA account directly with a lending club, check if the club offers IRA accounts at all. For this, they will likely need to have a custodian company that will handle all the IRA paperwork. For example, the custodian of IRA accounts in Vanguard mutual funds is not the fund or even Vanguard itself but a separate company named Vanguard Fiduciary Trust Company. I am sure other large firms have similar set-ups. Whether your pet Peer-to-Peer lending club has something similar set up already is something you should look into. This part of the answer applies to an earlier version of the question in which the OP said that he wanted to invest in precious metals. Be careful in what you invest in when you say you want to invest in precious metals; in refusing to buy precious metals for you in your IRA, your brokerage (as your fiduciary) might be refusing to engage in  a prohibited transaction on your behalf. Investments in what are called collectibles are deemed to have been distributed to you by the IRA, and if this is an early distribution, then penalties also apply in addition to the income tax.  Publication 590 says Collectibles. These include:  Exception. Your IRA can invest in one, one-half, one-quarter, or one-tenth ounce U.S. gold coins, or one-ounce silver coins minted by the Treasury Department. It can also invest in certain platinum coins and certain gold, silver, palladium, and platinum bullion. So, make sure that your new IRA custodian does allow you to buy (say) titanium or Krugerrands in your IRA if that is your pleasure."}
{"_id": "484231", "title": "", "text": "You\u2019re conflating deductions with expenses, which are different. Revenue is all money collected. Income is revenue minus the sum of expenses and deductions and exemptions. You\u2019re also treating direct subsidies as the only form of subsidisation, which would make the word \u201cdirect\u201d superfluous, while ignoring indirect subsidies, which include deductions. And, no, not every business takes deductions and certainly not while simultaneously complaining (or standing idly by while others complain) about subsidies."}
{"_id": "484261", "title": "", "text": "Generally most businesses will not, but it's not uncommon. Not sure about other countries, but in Australia merchants here generally have to pay VISA or Mastercard a commission if the consumer chooses to use credit. So even if they don't levy a charge, they may have a minimum purchase amount which you can use credit cards for. Amongst some of the ones who do include... Pretty much all of the budget airlines like (Virgin) airlines.  I think there's been some outrage with them cause they charge $4.50 per person per trip which in some cases is greater than the transaction cost they have to pay to the credit card companies. Aldi Supermarket link they're kind of a budget supermarket. You got to pay for shopping bags and also charge 1% more for credit card. On a side note, we also have a thing called EFTPOS here (http://en.wikipedia.org/wiki/EFTPOS) which is a debit card network. I think this network charges less commission because generally, a lof of businesses that charge for credit may not charge for EFTPOS. I also feel EFTPOS is also more secure as it requires a pin number, unlike a credit card which requires a signature."}
{"_id": "484266", "title": "", "text": "You could short home builders who do a lot of their business in Northern California.  (Not just San Francisco, Silicon Valley, or even the Bay Area.)  Home prices in Sacramento and the northern San Joaquin Valley are correlated with Bay Area home prices. Many of these builders went broke during the last bust, so you might have trouble finding a publicly traded home builder that is concentrated in just one market."}
{"_id": "484278", "title": "", "text": "You pay in advance - and there are no refunds.  I bought a van last fall, and paid no property tax on it, because it was already covered through whatever end date the registration had.  I will pay taxes on it this year, though (presuming I still have it)."}
{"_id": "484282", "title": "", "text": "MYO Clinix is a Delhi based advanced institute of learning and training offering certification courses and workshops in the field of hair transplant and body contouring. Doctors of hair transplant in Noida have a caveat. The patients coming for hair transplant must be healthy; otherwise, risks are less likely to be successful."}
{"_id": "484291", "title": "", "text": "You can't compare the different quotes unless they have the same numbers to work with. The big companies should use similar models to come up with values for the contents. In many cases they will assume some standard values for things like appliances. Yes you have a stove, but unless it is commercial grade they won't care when giving you a quote. If you have very expensive items you may need a rider to cover them. There is not relationship between the county assessment and the cost to rebuild. The insurance doesn't cover the land. You have to make sure that all quotes include the same riders: cost to put you in a motel, flood insurance... and the same deductibles. Your state may have an insurance office that can help answer your question.  Here is the one for Virginia."}
{"_id": "484295", "title": "", "text": "Imagine an internet where the best content was behind a pay wall while the buzzfeed, gawker, and even yahoo were free. You can get your standard journalism plus clickbait for free, but you could also support the greatest content on the web while providing it greater power by generating it revenue. All by choice, of course. If you don't want a premium product, the best journalism and well constructed opinion pieces, don't pay for it.   Of course freemium, such as the way the economist is currently, i.e. 3 free articles a week (or something like that), is the best way to attract new customers. But I strongly feel that the best journalism is worth more than the clickbait garbage despite that I won't click an irrelevant ad simple because I feel the article is better crafted. This, I would be willing to pay more for it even on the internet."}
{"_id": "484301", "title": "", "text": "My household is well into the top 10% of income in the U.S. and I have absolutely no problem paying my fair share of taxes. I grew up poor and have been homeless. My wife wasn't much better off growing up the daughter of a truck driver. Now, I am senior management at a tech firm and she is a research scientist with a PhD in neuroscience.   If not for a little bit of luck we would be living very different lives. We need the United States to become a true meritocracy. There are too many people like myself and my wife - who had the talent to achieve really awesome lives for ourselves - that were never given the opportunity to go to college, let alone grad school.  Don't get me wrong. I took every opportunity that showed a glimmer of hope while I worked my ass off (at one point, I was working one full time job and another job that was at least 30 hours a week while holding down 12 to 15 credits of classes every semester), but I want everyone to have just the opportunity to be the best person they can be. Obviously, opportunity does not equate to success, but opportunity should be enough.   We are letting the next great business leaders, scientists, doctors, and engineers squander their potential in poverty and not only is this inexcusable on the micro level, it makes us weaker as a nation. I will *never* understand how my peers don't understand this."}
{"_id": "484307", "title": "", "text": "\"There's an old adage in the equities business - \"\"buy on rumor, sell on fact\"\".  Sometimes the strategy is to buy as soon as the rumor is out about a potential merger and then sell off into the news when it is actually announced, since this is normally when the biggest bounce occurs as part of a merger. The other part of the analysis you should do is to understand which of the companies benefits most (or is hurt the worst) by the merger and then make your play accordingly.  Sometimes the company being acquired will see a bounce while the acquiring firm takes a hit, which is an indication the experts think the acquisition will be a drag on the acquiring company (perhaps because it is taking on a great deal of debt to make the acquisition, or because the acquiring firm is paying too much of a premium for what it's getting in return).  Other times the exact opposite is true, where the company being acquired takes a hit while the buyer bounces, and again, the reasons for this can vary widely. If you wait until the merger is actually announced then by the time you get in, most of the premium from the announcement will likely have already been realized, and you'll be buying near the top of the market for the stock.  The key is to be ahead of the other sellers by seeing the opportunities before they do and then knowing when to get out before everyone else does.  Not an easy thing to pull off when you're trying to anticipate the markets, but it can be done if you do the right research and have patience. Good luck!\""}
{"_id": "484313", "title": "", "text": "Why don't people switch banks?  It's honestly not that hard.  Once I switched to a local credit union, I'll never use a big bank again.  The service is amazing and there are pretty much no fees for anything."}
{"_id": "484327", "title": "", "text": "If you're looking to invest using stocks and shares, I recommend you set up an account at something like Google Finance - it is free and user-friendly with lots of online help. You can set up some 'virtual cash' and put it into a number of stocks which it'll track for you. Review your progress and close some positions and open others as often as you want, but remember to enter some figure for the cost of the transaction, say $19.95 for a trade, to discourage you from high-frequency trading. Take it as seriously as you want - if you stick to your original cash input, you'll see real results. If you throw in more virtual cash than you could in real life, it'll muddle the outcome. After some evaluation period, say 3 months, look back at your progress. You will learn a tremendous amount from doing this and don't need to have read any books or spent any money to get started. Knowing which stocks to pick and when to buy or sell is much more subtle - see other answers for suggestions."}
{"_id": "484338", "title": "", "text": "Hello! Do you have Facebook? I go to Vietnam to visit my girlfriends family at least once a year and we are planning on swinging by Cambodia next lunar new year. Would love to bookmark you for later. :D"}
{"_id": "484340", "title": "", "text": "These days more and more people have the feeling that they may have high blood sugar level. But this may or may not be true. If you are looking for some quick cash and if you have diabetes test strips that are unexpired then there are a few vendors online who would buy the same."}
{"_id": "484349", "title": "", "text": "\"I humbly disagree with #2. the use of Roth or pre-tax IRA depends on your circumstance. With no match in the 401(k), I'd start with an IRA. If you have more than $5k to put in, then some 401(k) would be needed.  Edit - to add detail on Roth decision. I was invited to write a guest article \"\"Roth IRAs and your retirement income\"\" some time ago. In it, I discuss the large amount of pretax savings it takes to generate the income to put you in a high bracket in retirement. This analysis leads me to believe the risk of paying tax now only to find tHat you are in a lower bracket upon retiring is far greater than the opposite. I think if there were any generalization (I hate rules of thumb, they are utterly pick-apartable) to be made, it's that if you are in the 15% bracket or lower, go Roth. As your income puts you into 25%, go pretax. I believe this would apply to the bulk of investors, 80%+.\""}
{"_id": "484352", "title": "", "text": "\"11 / 111 / 11111 looks like the (old) tax number: it is used by the tax office to know who you are, it isn't good at all for the spanish company. It would even change when you move inside Germany.  VAT IDs are not exclusive to GmbHs (but a GmbH always has one). As freelancers you can get at VAT ID but you don't always have to.  The tax office offers a \"\"small business\"\" treatment (\u00a7 19 UStG) for freelancers, kind of an opt-out for the VAT ID. As you do not have a VAT ID, this is probably your case. It means So what to do? If I were you, I'd write them that according to \u00a719 UStG and the European Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax, TITLE XII CHAPTER 1 \"\"Special scheme for small enterprises\"\" you were not assigned a VAT ID, and VAT is not applicable to your bill. The fact that VAT is not applicable in this case does not mean that they are allowed to refuse payment.  I heard a rumour (but don't really know) that a number similar to the VAT ID is planned also for freelancers (Wirtschafts-IDNr.). You could go to your tax office and ask them about. Maybe that yields a number that satisfies spanish burocracy. AFAIK, you can go to your tax office and ask them to give you a real VAT number.  But careful: that has the serious drawback that you have to do do an advance VAT estimate and pay that to the tax office at least quarterly (for bigger business monthly). And (AFAIK) you are not allowed to change back to the small business treatment for several years.\""}
{"_id": "484354", "title": "", "text": "Yea a guy built it of a program called paradox 12 years ago. We paid about $100,000 for it then.  We do about 25 million in sales between the two of us, so we are small in terms of people, but we are very large in our industry. We have been in business for 30 years. I have been looking through thatmorons suggestions, I think these are excellent places to start."}
{"_id": "484358", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://grist.org/briefly/more-bad-news-for-the-coal-industry-with-layoffs-in-mississippi/) reduced by 53%. (I'm a bot) ***** &gt; According to a new study from the nonprofit Environmental Integrity Project, the current presidential administration has collected fewer civil penalties and filed fewer environmental enforcement suits against polluting companies than the Obama, Clinton, and George W. Bush administrations did at the same point in office.  &gt; The analysis assesses agreements made in the Environmental Protection Agency&amp;#039;s civil enforcement cases.  &gt; For abuses under laws like the Clean Air Act, the Trump administration has collected just $12 million in civil penalties, a drop of 60 percent from the average of the other administrations.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6t5n8t/more_bad_news_for_the_coal_industry_with_layoffs/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~189039 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Environmental**^#1 **enforcement**^#2 **administration**^#3 **civil**^#4 **Obama**^#5\""}
{"_id": "484362", "title": "", "text": "I'm sorry, but your math is wrong.  You are not equally likely to make as much money by waiting for expiration. Share prices are moving constantly in both directions.  Very rarely does any stock go either straight up or straight down.  Consider a stock with a share price of $12 today.  Perhaps that stock is a bad buy, and in 1 month's time it will be down to $10.  But the market hasn't quite wised up to this yet, and over the next week it rallies up to $15. If you bought a European option (let's say an at-the-money call, expiring in 1 month, at $12 on our start date), then you lost.  Your option expired worthless. If you bought an American option, you could have exercised it when the share price was at $15 and made a nice profit. Keep in mind we are talking about exactly the same stock, with exactly the same history, over exactly the same time period.  The only difference is the option contract.  The American option could have made you money, if you exercised it at any time during the rally, but not the European option - you would have been forced to hold onto it for a month and finally let it expire worthless. (Of course that's not strictly true, since the European option itself can be sold while it is in the money - but eventually, somebody is going to end up holding the bag, nobody can exercise it until expiration.) The difference between an American and European option is the difference between getting N chances to get it right (N being the number of days 'til expiration) and getting just one chance.  It should be easy to see why you're more likely to profit with the former, even if you can't accurately predict price movement."}
{"_id": "484375", "title": "", "text": "\"DirectGov has a good overview here: http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/TaxOnPropertyAndRentalIncome/DG_4017814 and answers to your specific questions here: http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/TaxOnPropertyAndRentalIncome/DG_10013435 In short, you do need to declare the rental income on your tax return and will need to pay tax on it (and note that only the mortgage interest (not the full repayment) is deductible as an \"\"allowable expense\"\", see the full list of what is deductible here: http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/TaxOnPropertyAndRentalIncome/DG_10014027 ).\""}
{"_id": "484382", "title": "", "text": "There is some magic involved in that calculation, because what health insurance is worth to you is not necessarily the same it is worth for the employer. Two examples that illustrate the extreme ends of the spectrum: let's say you or a family member have a chronic or a serious illness, especially if it is a preexisting condition - for instance, cancer. In that case, health insurance can be worth literally millions of dollars to you. Even if you are a diabetic, the value of health insurance can be substantial. Sometimes, it could even make financial sense in that case to accept a very low-paying job. On the other extreme of the scale, if you are very young and healthy, many people decide to forego insurance. In that case, the value of health insurance can be as little as the penalty (usually, 2% of your taxable income, I believe)."}
{"_id": "484386", "title": "", "text": "&gt; People (which includes children) in an advanced society such as ours deserve a basic level of subsistence care.   So those who have as many children as possible with zero regard to their well-being (or that of society) should have their actions rewarded?  I can't afford children right now, can you transfer me your income so that I can?"}
{"_id": "484399", "title": "", "text": "I tend to group my friends according to the closeness to them. Then when someone asks for money, Note: if you will require cash later from some one- make a note to help the prospectus money lending friends :)"}
{"_id": "484404", "title": "", "text": "Great idea! So lets make Trader Joes in locations where people need living wages, like the ghetto, because that has been working. /s  You make a store that makes a premium selling to the upper middle class, and can afford to pay their workers more because of these better margins from their abnormally higher prices. It doesn't work in areas where cheap food is a necessity. These kinds of stores can't sell in all economic classes so these stores giving living wages don't solve any issues we have regarding wage. Gentrification doesn't work so I don't see why I keep seeing articles talk about Trader Joes suddenly solving our minimum wage debate. If I see a company that rivals Walmart in price, yet can give a living wage while still being profitable, then we have something. Costco is what comes to mind, and to be honest it's probably the best example we can take from a good business that is able to give a decent wage for unskilled labor while still being profitable. The issue is, not everyone can afford to spend $100 to buy 20 jars of nutella to save 10 cents a jar to rival Walmart's savings."}
{"_id": "484414", "title": "", "text": "Because so many businesses make some money through some form of compound interest, like a business that saves its earnings in a business account that pays interest, it heavily depends on how strict you interpret this law.  Some Muslims I know interpret it to mean directly and indirectly, while for some it's just direct interest earned. What I would suggest is either a direct investment in agriculture or a share in agriculture, where you are directly paid from your share in the investment and not through money that comes from a bank account earning interest.  If you do a direct investment in agriculture, like owning livestock, you will be paid money in the form of food, which compounds through reproduction and can sell the offspring to others and collect the money.  Year to date, agriculture is crushing the S&P 500 and many places around the world are facing shortages in food, like sugar and corn. If you don't have enough money for a direct investment, you can try the share route where you own a share of a direct investment.  Rather than go through stock exchanges, where many of these companies make money indirectly through interest also, you can negotiate directly with farmers, ranchers, livestock owners, etc.  Some of these individuals are looking to diversify their money, so they may be willing to let you own a fraction of what they produce and pay you directly. All of this comes with risk, of course.  Livestock and plants die for a variety of reasons, but none of it will be interest from lending whether to individuals or through a bank.  In addition, if we experience very high inflation in the future, livestock and plants do very well in this environment."}
{"_id": "484424", "title": "", "text": "Generally, the HSA is self-reported.  The bank/financial provider will allow you to withdraw/spend whatever you want from your HSA.  They report to the IRS the total that you withdrew for the year (your gross distributions) on a 1099-SA form.  At tax time, you use a form 8889 to report this number of your gross distributions, and how much of it was used for medical expenses.  Ideally, all of it was used for medical expenses.  If it was not all for medical expenses, there will be extra taxes/penalties due.   Different HSAs work differently, but for mine, which is held at a credit union, I can get money out several ways.  I have an HSA checkbook and an HSA debit card that I can use anywhere.  I can also transfer money out of my HSA into my regular checking account to reimburse myself for an expense, or even stop in at the teller window and take out cash.  The credit union doesn't need to see any receipts for any of this.  They don't care if I'm spending it at the doctor's office or the casino.  It is up to me to make sure I'm spending the money in accordance to the law and that everything is reported correctly on my tax return. Nothing is verified unless you get audited.  You definitely should keep documentation on the expenses, because if you are audited, you need to be prepared to account for every withdrawal.  Make sure you are very familiar with the rules on eligible medical expenses, so you know what is allowed and what is not.  IRS Publication 502 has all the details on what is allowed. As far as how it gets counted towards your deductible, you need to make sure that all of your medical bills get sent to your health insurance, even if you will eventually have to pay for it.  For example, let's say you go to the doctor, and the bill is $150.  Even if you know that the deductible is not met yet and you will be responsible for the entire $150, make sure the doctor's office submits the bill to your insurance.  The insurance company will inform the doctor's office that you are responsible for all of it, but they will apply the amount towards your deductible."}
{"_id": "484437", "title": "", "text": "My personal experience tells me that nearly 100% of people who approach you have their own interests in mind. Things you searched yourself will be more beneficial."}
{"_id": "484439", "title": "", "text": "Wikipedia's article on the Parable of the broken window mentions that Keynesians would argue that broken windows can be useful in depressed economies. I think Japan's economy was somewhat depressed, so if it applies anywhere, it'd apply in this scenario."}
{"_id": "484450", "title": "", "text": "I don't see how it goes any other way. This is a company for which their entire value proposition is rooted in data security and integrity. That shown to be a farce, what's left? Also, there are direct competitors who weren't affected, which means they aren't uniquely positioned to rebound.  It's not unlike Arthur Andersen. Once your name is tarnished in that kind of an industry, there's not really a road back."}
{"_id": "484470", "title": "", "text": "The answer lies entirely with how the loan paperwork reads. The way I'd set it up, there's would need to be a large enough downpayment so the bank was willing to offer a loan strictly to the LLC with non-recourse to the members."}
{"_id": "484473", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.technologyreview.com/s/608128/floating-wind-plan-could-finally-crack-californias-offshore-market/) reduced by 94%. (I'm a bot) ***** &gt; An assessment last year by the National Renewable Energy Laboratory estimated that offshore wind farms in the area could produce 112 gigawatts, most of it in waters 200 feet deep or greater, where floating wind is the most viable option.  &gt; Data is still limited at this point, but some studies have found that floating wind can offer slightly lower total electricity costs than fixed offshore wind.  &gt; Every region and project is different, but fixed offshore wind is generally expected to reach price parity with fossil fuels in the next decade, and floating wind could certainly follow that trajectory, says Rhodri James, a coauthor of the report.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kfmkn/floating_wind_plan_could_finally_crack/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~156060 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wind**^#1 **project**^#2 **floating**^#3 **energy**^#4 **California**^#5\""}
{"_id": "484486", "title": "", "text": "why would anyone buy a long-term bond fund in a market like this one,   where interest rates are practically bottomed out? 1) You are making the assumption that interest rates has bottom out hence there is no further possibility of it  going down further , i mean who expected Lehman Brother to go bankrupt 2) Long term investors who are able to wait for the bad times of the bond market to end and in the mean time dont mind some dividend payment of 2-3%"}
{"_id": "484493", "title": "", "text": "Thank you for this. Very grounding advice. I'm about 30 years from retirement and I am indeed trying to time the market. Your advice was just what I needed. Thanks for telling me what I should have already known (stay calm and bugger on).   Also, a good night sleep and a run helped clear my head. But seriously, thx."}
{"_id": "484504", "title": "", "text": "There isn't much demand for it in the west, but Asia perhaps has a market? Create a website, try to attract people searching Google for your target niche to your website. Hopefully you have some experiences or vacation rentals to offer them?"}
{"_id": "484522", "title": "", "text": "No kidding.    It's time to start discussing what happens after we awake to the collective realization that we cannot get out of this mess by endlessly backstopping the soured investments of private and semi-private enterprises around the world with taxpayer handouts.  So many guilty parties in the government and the financial sector; where does one start to unravel it?"}
{"_id": "484535", "title": "", "text": "Opening account in foreign bank is possible, but you must have strong proofs you use it for legitimate purposes. More chances to get an account if you visit Europe and able to stay, for example, for a week, to visit bank in person and wait for all the checks and approvals. Also keep in mind that there will be deposit/withdraw limits and fees applicable, that are significantly stricter and larger for non-EU citizen. In my opinion, if your amounts are not large, it might not worth it. If amounts are large, you might consider business account rather than personal, as is the example of strong proof I meant."}
{"_id": "484539", "title": "", "text": "On the web speedy choices are super easy to sign up for. Now you can complete an internet form, and will also be informed quickly no matter if you are qualified to get a quick words borrowing. Borrowing sums change from a couple of 100 us dollars around $1500. Traditional bank choices and also a charge card will be credit score choices which usually supply you with standard economic electrical power and also independence."}
{"_id": "484560", "title": "", "text": "&gt; ...customers on government assistance who earn less than $15,444 a year.  What percentage of that demographic has the credit card necessary to even *use* Amazon? I'm betting that more often than not they don't even have a bank account.  Somehow I doubt the payday-loan, Western-Union and Quicky-Mart money-order set is going to seamlessly adapt to recurring withdrawals and electronic bill-payments."}
{"_id": "484596", "title": "", "text": "\"Assuming USA: It is possible to make the interest deductible if you go to the trouble of structuring, and filing, the loan as an actual mortgage on a primary residence. Websearching \"\"intra-family loan\"\" will find several firms which specialize in this. It costs about $700 for all the paperwork and filing fees as of last time I checked, so unless you're going to pay at least three times that in interest over the life of the loan it probably isn't worth considering. (For an additional fee they'll take care of the payment processing,  if you'd really rather be hands-off about it.) I have no idea whether the paperwork fees and processing fees can be deducted from the interest as a cost of producing that income. In theory that ought to be true, but I Am Not A Lawyer. Or accountant. Note: one of the interesting factors here is that the IRS sets a minimum interest rate on intra-family loans. It's pretty low (around 0.3%), so in most cases you can say you gifted the difference if you'd prefer to charge less... but that does set a floor on what the IRS will expect the lender to declare, and pay taxes on. There's a lot more that can be said about this, but since I am NOT an expert I'll refer you to those who are. I have no affiliation with any of this except as a customer, once; it seemed pretty painless but I can't claim to know whether they were really handling everything exactly correctly. The website seemed to do a pretty good job of explaining what choices had to be made and their effects, as well as discussing how these can be used to avoid excess gift taxes by spreading the gift over a number of years.\""}
{"_id": "484599", "title": "", "text": "Are you looking for something like Morningstar.com?   They provide information about lots of mutual funds so you can search based on many factors and find good candidate mutual funds. Use their fund screener to pick funds with long track records of beating the S&P500."}
{"_id": "484613", "title": "", "text": "Ok, have your father 'sell' you the house with a RECORDED land contract for x dollars and a gift of equity(GOE) of y.  He writes of the max he can each year for the GOE (ask a tax attorney on this one), and your cousin lends him the money for his FL prop.  Consult a tax attorney on the capital gains, but you can write off the actualized gains at sale if you LIVED in the prop for 2 of the last 5 or 7 years (I can't remember) and were on title.    Years later, you use the recorded land contract, with the verifiable on time payments you've been making, to a conforming lender and do a R&T refi."}
{"_id": "484649", "title": "", "text": "The stock price is what people think a company is worth, this is made up of When a company pays out a dividend the money in the company\u2019s bank account reduces, therefore the value of the company reduces.    When a company says they are going to pay a larger dividend than expected, we start to expect they are going to make more profit next year as well. So stock price tends to go up when a company says it is increasing the dividend, but down on the day then money leaves the companies bank account.   There is normally many months between the two events."}
{"_id": "484658", "title": "", "text": "It depends on where you are in life, and where you want to be at some point in the future, and the taxes, expenses and income at those points in your life. You don't get a mortgage to save on taxes, or keep a mortgage to save on taxes. But if somebody said they want to have the house paid off before they retire, that sounds to me like a great plan. They do need to balance it with saving for retirement, emergency fund, and college costs for themselves or their children.  Without having the whole picture it is impossible to say doing X is always a good idea."}
{"_id": "484663", "title": "", "text": "I would ask around at any local colleges in your area. There are always little mini firms started up by students. The few I have worked with in the past do some pretty creative work. Just be warned though, it isn't going to be super professional and most of them will dissolve after the kids graduate."}
{"_id": "484667", "title": "", "text": "Did you miss this bit?  &gt;Reddit has been selling ads for years, though Huffman says it only really started doing so with structure in 2015. Still, he says making money is \u201cnot our top priority,\u201d estimating the company spends only about 20 percent of its resources on its advertising business."}
{"_id": "484670", "title": "", "text": "Buy online from the largest selection of premium quality Heated Toilet Seat at the best price from moderndaybidet.com. Free Shipping on orders over $100.00! Free $50.00 Visa gift card on purchases $399.00 or more! Call us at 800 477-5638 for any questions!"}
{"_id": "484683", "title": "", "text": "You bring up a valid concern.  IRAs are good retirement instruments as long as the rules don't change.  History has shown that governments can change the rules regarding retirement accounts. As long as you have some of your retirement assets outside of an IRA I think IRAs are good ways to save for retirement. It's not possible to withdraw the money before retirement without penalty. Also, you will be penalized if you do not withdraw enough when you do retire."}
{"_id": "484687", "title": "", "text": "Hotmail technical support number Canada is one of the independent technical support providers and offers result oriented solutions to the users. So, take help from email specialists near you and resolve the problem instantly. For more information call us at 1-844-888-3870 and get fixed all your Hotmail related issues with the help of technical experts."}
{"_id": "484688", "title": "", "text": "\"When asking about rate of return it is imperative to specify the time period. Average over all time? Average over the last 10 years? I've heard a good rule of thumb is 8-10% on average for all stocks over all time. That may be overstated now given the current economic climate. You can also look up fund sheets/fact sheets for major index funds. Just Google \"\"SPY fund sheet\"\" or \"\"SPY fact sheet\"\". It will tell you the annualized % return over a few different periods.\""}
{"_id": "484689", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-05/immigration-curbs-may-be-wrong-way-to-boost-weak-u-s-wage-gains) reduced by 85%. (I'm a bot) ***** &gt; While attracting the world&amp;#039;s best and brightest may be a worthy goal, many economists doubt that shrinking the pool of foreign workers will make employers boost compensation, or help the economy, attributing the weak pay gains to other factors.  &gt; &amp;quot;Companies are not going to boost your salary until you have one foot out the door. That&amp;#039;s the way Corporate America works these days.\"\"  &gt; Even with changes in immigration, &amp;quot;In the long run, it shouldn&amp;#039;t affect aggregate wage growth,&amp;quot; said Michael Feroli, chief U.S. economist at JPMorgan Chase &amp; Co. At the same time, it could potentially affect how wages of skilled workers perform relative to their less-skilled counterparts, he said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6rugxj/immigration_curbs_may_be_wrong_way_to_boost_weak/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~184194 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **immigration**^#2 **wage**^#3 **skills**^#4 **While**^#5\""}
{"_id": "484711", "title": "", "text": "Communicate. I would recommend taking a course together on effective communications, and I would also suggest taking a course on budgeting and family financial planning. You need to be able to effectively communicate your financial plans and goals, your financial actions, and learn to both be honest and open with your partner.  You also need to be certain that you come to an agreement. The first step is to draft a budget that you both agree to follow.  The following is a rough outline that you could use to begin.  There are online budgeting tools, and a spreadsheet where you can track planned versus actuals may better inform your decisions. Depending upon your agreed priorities, you may adjust the following percentages, Essentials (<50% of net income) Financial (>20%) Lifestyle (<30%) - this is your discretionary income, where you spend on the things you want Certain expense categories are large and deserve special advice. Try to limit your housing costs to 25% of your income, unless you live in a high-cost/rent area (where you might budget as high as 35%). Limit your expenses for vehicles below 10% of income. And expensive vehicle might be budgeted (partly) from Lifestyle. Limiting your auto payment to 5% of your income may be a wise choice (when possible). Some families spend $200-300/month on cable TV, and $200-300/month on cellphones. These are Lifestyle decisions, and those on constrained budgets might examine the value from those expenses against the benefit. Dining out can be a budget buster, and those on constrained budgets might consider paying less for convenience, and preparing more meals at home. An average family might spend 8-10% of their income on food. Once you have a budget, you want to handle the following steps, Many of the steps are choices based upon your specific priorities."}
{"_id": "484713", "title": "", "text": "Do you really want to have a pissing contest about the horrible things said in /r/conservatives,  /r/politics, etc?  From what I can tell the horrible things to common sense ratio is terrible.  Not a week goes by where politics doesn't call for killing people who disagree with them or for armed revolution.  Going to the political subreddits is misrepresentative.  I am talking about what I see leaking into the non-political subreddits.  Which somehow garners me downvotes for even mentioning it in lighthearted terms."}
{"_id": "484719", "title": "", "text": "The goal wasn't to provide dealers with a heap of money, but rather ensure that new car sales kept up during the recession helping keeping the manufacturers afloat. The program achieved this goal - as per the opening paragraph, new car sales increased for the policy."}
{"_id": "484730", "title": "", "text": "Sounds like you are a candidate for stock trading simulators.  Or just pick stocks and use Yahoo! or Google finance tools to track and see how you do. I wouldn't suggest you put real money into it.  You need to learn about research and timing and a bunch of other topics you can learn about here. I personally just stick to life cycle funds that are managed products that offer me a cruise control setting for investing."}
{"_id": "484731", "title": "", "text": "\"Neo-Nazis nowadays attack a lot of minority's but yes i would defend jews as well. My \"\"other fights\"\" have to do with the field i work in which is registration of Chemicals and Toxicological studies. Please read your source completely because the answer why the statistic is risen and why it is not a good indicator for crime rates is in the text. I did send to you the statistic about pilitical crimes in germany so read it if you want to see the crime dustribution. Really my last post this time because i do not see any value created from posting here. Maybe something to think about for you at the end: Is a guy stabing a Muslim because he thinks he defends his country a terror attack ? What about a Muslim stabing a guy because he thinks they destroy his culture ? To me both are acts of terror ! Just towards diffrent groups but yet the news covers the one and ignores the other. Try to stay open minded and dont ignore the power of speech and the impact you can have with racial speeches like \"\"The terrorists are muslims even so some are nice guys\"\"... to me that is a talk of a \"\"but\"\" nazi as we call them in Germany. E.g. i have nothing against refugees BUT they making terrorist attacks rape our women and are highly unhygienic by shitting in the streets\"\" That is a 1a grade hate speech and pretty much your opinion as far as understood you. Please try to see that such things are damaging to the society and lead to mobs with pitchforks trying to restore \"\"order\"\".\""}
{"_id": "484734", "title": "", "text": "If the discount is only for financed car then their software application should have accepted the payment (electronic transfer ID) from financed bank. In this case the bank should have given the payment on behalf of your son. I believe the dealer know in advance about the paper work and deal they were doing with your son. Financing a car is a big process between dealer and bank."}
{"_id": "484759", "title": "", "text": "The fact that they reduce the amount so that you're only paying a total of what an individual or corporation in America would pay doesn't address the point that they have no real justification for charging *any* taxes on that income at all."}
{"_id": "484761", "title": "", "text": "\"I'll chime in as someone who started a business after my first year in college. That business kept me going for a couple decades and allowed me to retire young.  First thought - \"\"you don't just start a business\"\" with no idea what you're going to do. When you have a true passion, you'll know it.   Once you discover something that you love to do, you will find that you dedicate your time to it and it won't feel like work. You'll spend countless hours on it becoming 'great' at it. It will be obvious that you should pursue it. If you don't feel like this, then you'll very likely give up when you need to double down. Or, if it's really a good business idea, you won't be competitive.   Starting and running a business may be the hardest thing you'll ever do. When your friends are out partying, you'll be coding, or stocking shelves or writing ad copy or paying bills or cleaning toilets. When the business has a bad month, you'll forgo your income so you can pay your employees or other bills. But you'll love it and believe in what you're doing, so you'll keep going.   It seems trite but so much will just come down to persistence and hard work. Over time, you'll become one of the best at what you do. But that will take years. Years before you'll likely make enough money to survive. So for most people, you'll have to get a conventional job to pay the bills.  As you try to sell yourself or your product, you have to keep asking yourself \"\"would I spend my money on this?\"\" If you wouldn't, why would anyone else? Always remember that.   The positive thing is, if you find your calling, you'll keep thinking \"\"I have the best job in the world!\"\" and it won't feel like work. It will just be what you do.\""}
{"_id": "484764", "title": "", "text": "I have considered doing the same thing. One idea I have tossed around is investing in a REIT. A REIT is kind of like a Mutual Fund for real-estate. They normally own a large portfolio of real-estate (perhaps apartments, or commercial space, etc) and by owning a share you get some of the upward swing, without the hassle of ownership (i.e. you can sell instantaneously). The REIT sometimes handles the whole lifecycle of property management: finding renters, collecting rent, maintenance, etc. There are a lot of public REITs in the US that you can buy. Another option might be to buy shares in a Home Building company like KB Homes.  Yet another option that ties onto your lack of retirement savings is the little known fact that after tax Roth IRA contributions can be withdrawn without penalty! Since 401ks can be rolled over into a Roth IRA (normally you have to leave your employer), in theory a 401k contributions can also be cashed out you just need to be careful about tracking your contributions."}
{"_id": "484778", "title": "", "text": "\"There are a few reason why the stock price decreases after a dividend is paid:  What's the point of paying a dividend if the stock price automatically decreases? Don't the shareholders just break even? Companies have to do something with their profits. They beholden to their shareholders to make them money either by increasing the share value or paying dividends. So they have the choice between reinvesting their profits into the company to grow the business or just handing the profits directly to the owners of the business (the shareholders). Some companies are as big as they want to be and investing their profits into more capital offers them diminishing returns. These companies are more likely to pay dividends to their shareholders. I assume the price of the stock \"\"naturally\"\" increases over the year to reflect the amount of the dividend payment. This is kind of a vague question but then doesn't it make it difficult to evaluate the fluctuations in stock price (in the way that you would a company that doesn't pay a dividend)? It depends on the company. The price may recover the dividend drop... could take a few days to a week. And that dependings on the company's performance and the overall market performance.  With respect to options, I assume nothing special happens? So say I bought $9 call options yesterday that were in the money, all of a sudden they're just not? Is this typically priced into the option price? Is there anything else I need to know about buying options in companies that pay dividends? What if I had an in-the-money option, and all of a sudden out of nowhere a company decides to pay a dividend for the first time. Am I just screwed? One key is that dividends are announced in advance (typically at least, if not always; not sure if it's required by law but I wouldn't be surprised). This is one reason people will sometimes exercise a call option early, because they want to get the actual stock in order to earn the dividend. For \"\"out of the ordinary\"\" large cash dividends (over 10% is the guideline), stock splits, or other situations an option can be adjusted: http://www.888options.com/help/faq/splits.jsp#3 If you have an options account, they probably sent you a \"\"Characteristics and Risks of Standardized Options\"\" booklet. It has a section discussing this topic and the details of what kinds of situations trigger an adjustment. A regular pre-announced <10% dividend does not, while a special large dividend would, is what I roughly get from it. That \"\"Characteristics and Risks of Standardized Options\"\" is worth reading by the way; it's long and complicated, but well, options are complicated. Finally, do all companies reduce their stock price when they pay a dividend? Are they required to? I'm just shocked I've never heard of this before. The company doesn't directly control the stock price, but I do believe this is automatic. I think the market does this automatically because if they didn't, there would be enough people trying to do dividend capture arbitrage that it would ultimately drive down the price.\""}
{"_id": "484779", "title": "", "text": "&gt; They've been vocal about this strategy: they plan to corner the ecommerce market, push competition out of business and then they'll inevitably raise prices.  please find me a source where Jeff Bezos says he's going to price gouge in 20 years. Amazon is a customer focused company who's model is based around having low prices."}
{"_id": "484796", "title": "", "text": "The libertarian in me says, good.  It's been eighty years. Why shouldn't Europe pay for their own defense? Why should the US be continued to be expected to be the policeman?  It's a totally different place now, geopolitically, in Europe. Individual States aren't going to be marching over borders anymore. The only real concern would be Russia.... But they also know Putin has a longer leash than Hitler had. (Georgia and Crimea as examples).   I'm sure someone has a counter option..."}
{"_id": "484799", "title": "", "text": "Since you are not (yet) legally married, he is a stranger to you and strictly speaking you don't need to worry about the tax impact of his income yet. File on your income alone. That said, you may have to address the money transfer aspect at a later date as banks are getting skittish around money laundering regulations. It's really best if he has his own account for this, especially given you are not married. The worst case scenario is that his income gets frozen due to money laundering regulations and the deposits in your account get treated as (unreported) monetary gifts to you. Again, you should be able to argue out of this but separate accounts make it much easier to do so."}
{"_id": "484819", "title": "", "text": "Similarly, too much long term investment seems unproductive, but what would be too much? In 1900, the life expectancy of someone in the United States was less than 50.  It is now in the 70s.  My grandparents were born around that time and all lived into their 80s and 90s.  Life expectancy in India is currently about 66.  You should expect that to increase into the 70s if not the 80s in the next fifty years.   You should plan on living until 120.  Why?  If you die earlier than that, you may have wasted some money that you could have used for a better living standard.  However, if you do live that long and you spent all your savings by the time that you were 66, you'll have a hard retirement.  You've already said that you won't have descendants to take care of you.  You'll need your investments to do so.  You need long term investments more than someone with a family, not less.   You need to able to afford a house for retirement.  You need to be able to maintain it, buy food, etc. on your savings.  In order to be sure it lasts, you need to build your long term investments until they produce a steady income that comes close to matching your preretirement income.   There are some costs that you won't have in retirement.  You won't need to save for retirement.  You won't need to commute to work.  So your retirement income doesn't need to support that.   If I were you, I'd save like everyone else until income from investments matched my current expenses minus commuting.  At that time, you can readjust.   Overall, you are far more likely not to save enough than too much.  I wouldn't worry about oversaving in your twenties.  No one actually does so."}
{"_id": "484822", "title": "", "text": "Although I do agree in many cases that is very convenient, I also think people still like to see in person and touch the products their buying when it comes to food. But thats just my opinion I may be wrong."}
{"_id": "484823", "title": "", "text": "For me the aggressive approach makes sense since I have a longer time horizon before I need to withdraw the funds.  This style should also match your personality and you should have the patience and appetite to deal with market fluctuations which can be wild in some cases (as we saw in 2008-2009).  Not an easy question to answer since everyone's situation is different and everyone has to make their own decisions."}
{"_id": "484825", "title": "", "text": "Older folk might wish to let the dividends and cap gains be paid in cash, and use that cash towards their RMDs (required distributions).  If you are investing in mutual funds and wish to keep adding to the funds you've selected, the reinvestment is a simple way to avoid having to visit the account and make a new purchase. In other words, you invest $5500, buy the fund, and X years from now, you simply have more shares of the fund but no cash o worry about.  The pro is as mentioned, and the con is really for the 70-1/2+ people who will need to take their RMDs. (Although even they can take the RMD in kind, as fund shares)"}
{"_id": "484843", "title": "", "text": "\"... interest rates will go up.  When that happens prices will be kept down.   (if you can only afford $1,500/month payments and the interest portion of the mortgage goes up then you have less to spend on the house)  There are also millions of houses that are foreclosed or in some process of foreclosure that are being kept off the market.  That \"\"shadow inventory\"\" being kept off the market is keeping supply artificially low.  At some point the shadow inventory will be brought to market and as supply increases it will hold prices down.  ... [housing prices could drop another 20% or more](http://online.wsj.com/article/SB10001424052702304299304577348083297932466.html)...  and it could take a decde or more before the housing market works through the effects of the great recession.  btw, I just refinanced again.  It was easier this time than any of the other times I've refinanced.  This time I got 2.875% for 10 years...  I'll save over 20 grand of interest over the next 10 years.   The banks are loaning money out, and at incredibly low interest rates.\""}
{"_id": "484868", "title": "", "text": "\"Read the prospectus carefully. In the case of Prosper, you're really making a loan to Prosper, which is in turn linked to the borrower's payments. Also, the rates are really high. If I was looking for money, I'm not sure why someone with \"\"AA\"\" credit would ever go with a Prosper loan.\""}
{"_id": "484875", "title": "", "text": "Westgate is a notoriously terrible employer to work for in Orlando, and their whole timeshare business model is a complete scam.    Check out all of the complaints on Comsumer Affairs' website:  http://www.consumeraffairs.com/travel/westgate.html?page=2  edit:  More complaints  http://www.ripoffreport.com/directory/westgate-resorts.aspx  http://www.utahstories.com/2008/06/13/timeshare-scam-westgate-resorts-2/  http://www.complaintsboard.com/complaints/westgate-resorts-tennessee-c226610.html  http://westgate-resorts.pissedconsumer.com/westgate-scam-20120926347849.html"}
{"_id": "484882", "title": "", "text": "We have had to let at least 4 people go from entry level assembly and warehouse picking positions when we try to transition them from temps to full time. Of course we have warned all of them multiple time that there will be a drug test when they move to full time. I know the last one was due to cocaine, which really doesn't make sense to me but it's a barrier that the company is not getting rid of because if you are not able to get clean even just long enough to get hired there is a good chance of other issues as an employee. Especially when most of these positions involve driving forklifts and delivery vehicles."}
{"_id": "484884", "title": "", "text": "Yes.  In the US these are called certificates of deposit or savings accounts.  Every run-of-the-mill bank offers them.  You give the bank money and in return they pay you an interest rate that is some fraction of or (negative) offset from the returns they expect to make from your money. Since most investments that a bank makes (say, loaning money to a local business) are themselves based on some multiple of or (positive) offset from the prime rate, in return the interest rate that they offer you is also mathematically based on the prime rate. You can find lists of banks offering the best returns on CDs or savings accounts at sites like BankRate."}
{"_id": "484891", "title": "", "text": "\"A falling exchange rate is an indication of falling confidence in a currency.  Countries like Iran or Venezuela, with a managed exchange rate, set their exchange rates at a higher value than the market accepts. Such market expectations may be influenced by poor government management, interventions into markets (such as nationalising businesses) or general instability / scarcity. The governments act to manage that uncertainty by limiting the availability of foreign exchange and pegging the exchange rate.   Since there is an inadequate supply of trusted foreign currency people turn to informal exchanges in order to hedge their currency risk.  This creates a negative feedback loop.  People in government who have access to foreign exchange start to trade on informal markets, pocketing the difference in the official and unofficial rates.  The increasing gap between the two rates drives increasing informal market exchange and can result in speculative bubbles. Driving instability (or economic contradiction) is that the massive and increasing difference between the official and market exchange rates becomes a powerful form of rent for government officials. This drives further state-led rent-seeking behaviour and causes the economy to become even more unstable. If you're interested in a more formal academic study of how such parallel markets in currency arise, \"\"Zimbabwe\u2019s Black Market for Foreign Exchange\"\" by Albert Makochekanwa at the University of Pretoria is a useful source.\""}
{"_id": "484897", "title": "", "text": "To answer your original question: There is proof out there. Here is a paper from the Federal Reserve Bank of St. Louis that might be worth a read.  It has a lot of references to other publications that might help answer your question(s) about TA.  You can probably read the whole article then research some of the other ones listed there to come up with a conclusion.  Below are some excerpts:  Abstract: This article introduces the subject of technical analysis in the foreign exchange market, with emphasis on its importance for questions of market efficiency.  \u201cTechnicians\u201d view their craft, the study of price patterns, as exploiting traders\u2019 psychological regularities.  The literature on technical analysis has established that simple technical trading rules on dollar exchange rates provided 15 years of positive, risk-adjusted returns during the 1970s and 80s before those returns were extinguished.  More recently, more complex and less studied rules have produced    more modest returns for a similar length of time.  Conventional explanations that rely on risk adjustment and/or central bank intervention do not plausibly justify the observed excess returns from following simple technical trading rules.  Psychological biases, however, could contribute to the profitability of these rules. We view the observed pattern of excess returns to technical trading rules as being consistent with an adaptive markets view of the world.    and  The widespread use of technical analysis in foreign exchange (and   other) markets is puzzling because it implies  that either traders are   irrationally making decisions on useless information or that past   prices contain useful  information for trading.  The latter   possibility would contradict the \u201cefficient markets hypothesis,\u201d   which holds that  no trading strategy should be able to generate   unusual profits on publicly available information\u2014such as past    prices\u2014except by bearing unusual risk. And the observed  level of   risk-adjusted profitability measures market  (in)efficiency. Therefore   much research effort has been directed toward determining whether   technical analysis is  indeed profitable or not. One of the earliest   studies, by Fama and Blume (1966), found no evidence that a particular   class of TTRs could earn abnormal profits in the stock market.   However, more recent research by Brock,  Lakonishok and LeBaron (1992)   and Sullivan, Timmermann an d White (1999) has provided contrary   evidence. And  many studies of the foreign exchange market have found   evidence that TTRs can generate persistent profits (Poole  6  (1967),   Dooley and Shafer (1984), Sweeney (1986), Levich and Thomas (1993),   Neely, Weller and Dittmar (1997),  Gen\u00e7ay (1999), Lee, Gleason and   Mathur (2001) and Martin (2001))."}
{"_id": "484904", "title": "", "text": "\"Let me start with something you might dismiss as trite - Correlation does not mean Causation.  A money manager charging say, 1%, isn't likely to take on clients below a minimum level.  On the other hand, there's a long debate regarding how, on average, managed funds don't beat the averages.  I think that you should look at it this way. People that have money tend to be focused on other things. A brain surgeon making $500K/yr may not have the time, nor the inclination to want to manage her own money.  I was always a numbers person. I marveled at the difference between raising 1.1 to the 40th power, getting 45.3 (i.e. Getting 45.3 times your investment after 40 years at 10%) vs 31.4 at 9%. That 1% difference feels like nothing, but after a lifetime, 1/3 of your money has been skimmed off the top. the data show that one can do better by simply putting their money into a mix of S&P index and cash, and beat the average money manager over time, regardless of convoluted 12 asset class allocations.  Similarly - There are people who use a 'tax guy.' In quotes because I mean this as an individual whom they go to, year after year, not a storefront. My inlaws used to go to one, and I was curious what they got for their money. Each year he sent them a form. 3 pages they needed to fill in. Every cell made its way into the guy's tax program. The last year, I went with them to pick up the tax return. I asked him if he noticed that they might benefit from small Roth conversions each year, or by making some of their IRA RMD directly to charity. He kindly told me \"\"That's not what we do here\"\" and whisked us away. I planned both questions in advance. The Roth conversion was a strategy that one could agree made sense or dismiss as convoluted for some clients. But. The RMD issue was very different. They didn't have enough Schedule A deductions to itemize. Therefore the $3000 they donated each year wasn't impacting their return. By donating directly from their IRAs, this money would avoid tax. It would have saved them more than the cost of the tax guy, who charged a hefty fee, in my opinion. It seemed to me, this particular strategy should be obvious to one whose business is preparing returns.\""}
{"_id": "484921", "title": "", "text": "Yes it is better than 0. I should be able to decide whether 3/hr is a waste of 8 hours of my day or not.  Under a $15 min wage, a low skilled worker's actually minimum wage is $0.  Someone can always choose to be unemployed regardless of what the minimum wage is, in this case the minimum wage has chosen it for them."}
{"_id": "484927", "title": "", "text": "\"Once a person has learned to read, write, and do basic mathematics, it is then up to each individual to make something of their own life.  I am sitting here typing away on a box with access to all the world's libraries and I can learn anything I want.  I don't need the royal  \"\"we\"\" to do a god damn thing, its already been done, I need to get off my fat ass and take control and responsibility of  my own life. So many educated people out there paying for that education they could have had for free working in industries they didn't need that degree to work in.  What \"\"we\"\" need to do is stop encouraging that bullshit and protect the facilitators of cheap/free information.\""}
{"_id": "484946", "title": "", "text": "ES1 is the Bloomberg symbol for the CME E-mini S&P 500 front-month continuous contract.  ES2, ES3, etc. will likewise yield the 2nd and 3rd months.  Which exact futures contract this symbol refers to will change about once a month."}
{"_id": "484968", "title": "", "text": "There are numerous company which offer payroll services in UK but our years of experience puts us on the top of the business. DHpayroll has worked with a large number of small and medium sized companies and that has given us a lot of experience. We aim at an error-free payroll for our clients."}
{"_id": "484979", "title": "", "text": "Jeremy Hughes Perth founded the largest online car loan provider in Australia with a successful exit. He is a good entrepreneur with skills in Business Planning, Strategic Planning, Marketing Strategy, Consumer Financing etc. If you want to buy a new car, you can check the guide and tips to get best deal on new car."}
{"_id": "484981", "title": "", "text": "From accounting perspective, an unpaid bill for internet services, according to the Accruals Concept, is recorded as a liability under 'Current Liabilities' section of the Balance Sheet. Also as an expense on the Income Statement.  So to answer your question it is both: a debt and an expense, however this is only the case at the end of the period. If you manage to pay it before the financial period ends this is simply an expense that is financed by cash or other liquid Asset on the Balance Sheet such as prepayment for example. For private persons you are generally given some time to pay the bill so it is technically a debt (Internet Provider would list you as a debtor on their accounts), but this is not something to worry about unless you are not considering to pay this bill. In which case your account may be sold as part of a factoring and you will then have a debt affecting your credit rating."}
{"_id": "484985", "title": "", "text": "\"Nice. As a man with large hands (I'm 6'4\"\"), I started from the iPhone since my 4S simply because the 3.5\"\" 4S screen and the 4\"\" 5/5S screen are just too small. I'm really looking forward to getting my hands in a 4.7\"\" iPhone 6.\""}
{"_id": "484991", "title": "", "text": "\"Every financial services company (and cellphone provider, cable and broadband provider, private energy supplier, and so on and so forth - it's turtles all the way down in a market economy) spends \"\"something\"\" to acquire a new customer.  Paying attractive college students minimum wage to hand out brochures and branded fidget toys costs money.  A 1 million piece postal mailing for a 1% response rate costs money.  A TV ad or billboard costs money.  A signup enticement of cash or airplane miles costs money.   The question is, what does an organization spend per new customer?  The amount a company wants to spend has to do with their medium term outlook and overall margins, so it will vary with the business cycle, but a rule of thumb is $100-200 spent for each customer who signs up.  The advantage to this particular offer is that it may involve some payments to Amazon, but it includes less labor or cost-per-wasted-contact than alternatives.  So there's more in the budget to entice the prospect.   Recall, it's a one-time cost, and you gain a relationship where you get 2% of credit processing turnover for the duration of the account; a chance at 19.99% APR financing or other fees; and an opportunity to upsell a mortgage or life insurance or IRA accounts, etc to a known customer.\""}
{"_id": "484997", "title": "", "text": "To add on to Sharkbat, it's pretty much FX-forward arb free. Three choices:  1. Invest at US LIBOR  2. Convert to XYZ at spot, invest at XYZ  LIBOR, convert back to USD from XYZ 1 year later.  3. Same as #2 but you had an 1 year FX forward (XYZ to USD)  #1 and #3 should have the same effect otherwise there'd be arbitrage. FX rates/forwards are off LIBOR (typically). #2 is not risk-free as Sharkbat says - there's FX risk in the final XYZ-&gt;USD transaction."}
{"_id": "485001", "title": "", "text": "Experts, who are working for a drawn out stretch of time on this same space, can quickly comprehend the plan of your home and can in like manner plainly advise you about the cost of the whole administration. Tile installers tampa can offer you diverse sorts of choices. Indeed, even they can help you to choose the proper item relying on the state of the floor materials and on your spending arranges."}
{"_id": "485008", "title": "", "text": "Except for unusual tax situations your effective interest rate after taking into account the tax deduction will still be positive. It is simply reduced by your marginal rate. Therefore you will end up paying more if the house is financed than if it is bought straight out. Note this does not take into account other factors such as maintaining liquidity or the potential for earning a greater rate of return by investing the money that would otherwise be used to pay for the house"}
{"_id": "485025", "title": "", "text": "\"You probably know that the answer is, \"\"it depends\"\".  If this is truly a pin money type of operation, then perhaps sole trader is for you. I incline to using a limited company for two reasons, one optimistic and one pessimistic.  You are looking at a business to make some money with your talents.  If your business takes off, it's much easier to expand a LTD than a sole trader. Getting credit, dealing with suppliers, hiring people, all much easier.  And if things go well, you will be expanding.   The negative reason is that as a sole trader  (you) have unlimited liability for the debts of your enterprise. If you get sued, say your skincare line makes someone's face into a rash, you are on the hook for the whole amount. You don't want to torpedo your family if it goes bad. Being a limited company protects you from that. I can tell you that the overhead of running a small LTD is pretty light so long as you are meticulous about your record keeping. I had an LTD with two toddlers under my feet and it was perfectly doable to handle the paperwork.\""}
{"_id": "485054", "title": "", "text": "You can get this data from a variety of sources, but likely not all from 1 source.  Yahoo is a good source, as is Google, but some stock markets also give away some of this data, and there's foreign websites which provide data for foreign exchanges.    Some Googling is required, as is knowledge of web scraping (R, Python, Ruby or Perl are great tools for this...)."}
{"_id": "485072", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ips-dc.org/report-corporate-tax-cuts-boost-ceo-pay-not-jobs/) reduced by 87%. (I'm a bot) ***** &gt; Job-cutting firms spent tax savings on buybacks, which inflated CEO pay.  &gt; The telecommunications giant managed to get away with an effective tax rate of just 8.1 percent over the 2008-2015 period, while cutting more jobs than any other firm in our sample.  &gt; Through extensive use of overseas tax havens, General Electric achieved a negative effective tax rate during the 2008-2015 period, meaning the firm got more back from Uncle Sam than it paid into federal coffers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x0arp/corporate_tax_cuts_boost_ceo_pay_not_jobs/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201277 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **firm**^#1 **percent**^#2 **CEO**^#3 **tax**^#4 **more**^#5\""}
{"_id": "485086", "title": "", "text": "So if I wanted to create my own smartphone navigation app, I would have access to all the same collected data Google has? Or are you saying I'd have the same ability to collect data? I'm talking about the economy of scale relating to data.   Google/Waze have tons of users and user data, which allows them to tailor their services very well. As a small start up, I wouldn't have access to this data right? Google owns it. They bought Waze do double down on their data. How does a small firm build something very reliant on data, if it hasn't collected any?   If this data isn't important, why do the big guys buy out firms that have this data? I think smaller firms have the ability to collect and process data, but the vast amounts of info Google, Amazon, and the other giants allows them to make better decisions and build better products. Smaller firms without years of data collection or the ability to buy the data, are extremely disadvantaged."}
{"_id": "485092", "title": "", "text": "A couple points, first you don't point out what investors you want to invest with, and second BRK.B does not track anything; it is just a very small slice of his entire holdings BRK.A minus the voting rights. One solid way to go would be to buy BRK.B and also a tech ETF like QQQ, or XLK, ..or both."}
{"_id": "485099", "title": "", "text": "People have been saying that since it's launch. I believe facebook will be around for awhile. They have too much valuable data and are continuing to expand the platform. For example, they are trying to include AI into Facebook's messenger. As much as ppl hate Facebook, they are here to stay. And to answer ur question, I would think most of their money comes from ads and what not. That's why google hates them haha"}
{"_id": "485102", "title": "", "text": "\"Yes.  The simplest option to track your spending over time is to familiarize yourself with the \"\"Reports\"\" menu on the toolbar.  Take a look specifically at the \"\"Reports > Income/Expense > Income Statement\"\" report, which will sum up your income and spending over a time frame (defaults to the current year). In each report that you run, there is an \"\"Options\"\" button at the top of the screen.  Open that and look on the \"\"General\"\" tab, you'll be able to set the time frame that the report displays (if you wanted to set it for the 2 week block since your last paycheck, for example).  Other features you're going to want to familiarize yourself with are the Expense charts & statements, the \"\"Cash Flow\"\" report, and the \"\"Budgeting\"\" interface (which is relatively new), although there is a bit of a learning curve to using this last feature. Most of the good ideas when it comes to tracking your spending are independent of the software you're using, but can be augmented with a good financial tracking program.  For example, in our household we have multiple credit cards which we pay in full every month.  We selected our cards on specific benefits that they provide, such as one card which has a rotating category for cash back at certain business types.  We keep that card set on restaurants and put all of our \"\"eating out\"\" expenses on that card.  We have other cards for groceries, gas, etc.  This makes it easy to see how much we've spent in a given category, and correlates well with the account structure in gnucash.\""}
{"_id": "485119", "title": "", "text": "If you think you can manage the risk and the spread is ultimately worth it to you, there's nothing stopping you. I know in the U.S., in CA specifically, you need to have $85,000 annual income or net worth over some threshold to be able to loan more than $2,500 via peer-to-peer loan investing.  I've had an account at prosper since around 2010, it does pretty well.  It's made my taxes a bit more complicated each year, but it's been profitable for me.  I wouldn't lever up on it though. My Prosper Experience My experience with Prosper has generally been positive.  My real motivation for starting the account was generating a dataset that I could analyze, here's some of that analysis. I started the account by trickling $100 /month in to buy four $25 loans.  Any payments received from these loans were used to buy more $25 loans.  I've kept my risk to an average of about A- (AA, A, B, C, D, E, HR are the grades); though the interest rates have reduced over time.  At this point, I have a few hundred loans outstanding in various stages of completion.  In calendar 2015 I had a monthly average of 0.75% of my loans charged-off and about 3% of loans at some stage of delinquency.   I receive about 5.5% of my principle value in receipts on average each month, including loan pay-offs and charge-offs.  Interest and other non-principle payments comprise just shy of 20% of my monthly receipts.  Prosper's 1% maintenance fee translates to about 8% of my monthly non-principle receipts.  It's all a pretty fine line, it wouldn't take many defaults to turn my annual return negative; though in 5 years it hasn't happened yet.  Considering only monthly charge-offs against monthly non-principle receipts I had two net negative months in 2015.  I made about a net 4.5% annual return on my average monthly outstanding principle for calendar 2015.  When I log in to my Prosper account it claims my return  is closer to 7.5% (I'm not sure how that number is calculated). The key is diversifying your risk just like a bank would.  I don't know how the other services function at a nuts and bolts level.  With prosper I choose which loans to fund which means I determine my risk level.  I assume the other services function similarly.   Regarding collection of charged-off loans.  I don't know how much real effort is expended by Prosper.  I've had a few notes sold for about 10% of the outstanding balance; and I don't know who they were sold to.  Comically, I have loan that's made more payments in collections than when it was in good standing.  There is definitely more to this than handing over $15,000 and receiving 6% on it."}
{"_id": "485130", "title": "", "text": "so you'd rather work with someone who doesn't set boundaries and is willing to sacrifice family relationships and personal obligations?  This provides short-term profitability at a substantial cost in employee morale, long-term productivity, and turnover.  Yes, there are some industries that thrive on the latter (e.g, Wall Street), but most of those people have a short horizon of employability in those areas (make your fortune and scram).  Startups may have the same attitude.  But if you are planning to have a stable career (as an employee), or if you are an employer who wants loyal employees and long-term stability (and yes, profitability), this is just a recipe for disaster."}
{"_id": "485140", "title": "", "text": "Tried that, got asked how I filed taxes by the _hiring guy_! What the fuck! How is that any of his business? He wanted to see a business license! What if I'm advertising availability and _nobody is hiring me_, how did spending money on a license help?"}
{"_id": "485147", "title": "", "text": "\"If you are living together 'casually' (no formal partnership agreement) then my option would be to ask her politely to as she has offered make a contribution  by buying the groceries or some such which you share. A 'voluntary contribution' not an enforceable one. Just as between flat mates where only one is the actual tenant of the flat but the tenancy allows 'sharing' . Check your tenancy allows you to share lodgings. PS An old Scots saying is \"\"never do business with close family\"\". I.e do not charge your wife or living in partner rent. It mixes emotional domestic life with a formal business life which can set feuds going in case of a break up or dispute. If you enter into child bearing relationship or parent hood or formal partnership or marriage then all this changes at some time in the future.\""}
{"_id": "485155", "title": "", "text": "I trade futures. No FX or equities though. It is my only source of income, and has been for about 5 years now.   Equities and FX, to me, seems like more of a gamble than Vegas. I don't know how people do it."}
{"_id": "485187", "title": "", "text": "\"But you also can't use a comparison to a cell phone battery; they are not the same chemistry either despite both having \"\"lithium\"\" in the name, and EVs limit themselves to a far narrower range of charge than a cell phone does.  My point was that Toyota, didn't base their longevity claims on nothing; they did a shitload of testing of their battery before putting it out, and the \"\"you'll need a new pack after five years\"\" crowd was ultimately proved wrong.  GM has made similar claims about the longevity of their packs, based on similar shitloads of research and testing, and I see no reason why they won't ultimately enjoy the same vindication.  As for Nissan, they are reaping the effects of cheaping out and omitting a liquid cooling system from their cars battery packs. Heat kills batteries of any chemistry!\""}
{"_id": "485191", "title": "", "text": "I appreciate it. I just responded to your post. I think you could have been...a bit nicer with your criticism at my post lol but I upvoted you and I don't think you should be downvoted for saying something that...definitely wasn't too far off the mark. I appreciate this response and message though and I just want you to know that I did read a lot of the links you sent - but I was looking for more detailed and personal information. I agree I worded my post quite poorly and it did come off as very naive and entitled. Thanks for the information!  Edit: Ah well I thought you sent that as a message. Now my double replies just look super awkward...oops"}
{"_id": "485195", "title": "", "text": "Since your credit score is much better than hers, you should apply for the credit card yourself alone to get the best chance of approval for your card of choice. Once you have the card, you can add her as an authorized user, which will get her a card of her own, tied to your account.  Most banks will begin reporting to both of your credit reports, which should help her credit score over time. Keep in mind that you are solely legally responsible for the debt; your girlfriend will be able to make charges and will have no legal responsibility for the debt.  Make sure you are comfortable with that. For what it is worth, in general, I recommend against combining your finances with someone who you are not married to, but it seems that you have already done that, so adding a shared credit card to your finances shouldn't be any worse than what you are already doing."}
{"_id": "485203", "title": "", "text": "Talk shit about him all you want, he's got a huge following and, whether it's his idea or not, he's leveraging that fact to push product while he's very hot.  Smart move.     He could just buy a giant mansion, a bunch of high end cars, a yacht, and be broke as soon as his streak ends like other people who make it big."}
{"_id": "485217", "title": "", "text": "There actually wouldn't be a need to increase prices in order to provide Wal-mart employees with a living wage though. There is another way. Cut executive pay.  In fact, I'd like to see a law on the books that makes maximum executive pay, including bonuses and stock, a certain percentage or multiple of the pay of the lowest paid employee. Before you can raise the pay of an executive beyond a certain point, the pay of all the employees simply has to go up. This would give executives another incentive to raise the pay of their employees, since their ability to get a raise would depend on it. I'm thinking something along the lines of executive pay being capped at 100x the pay of the lowest paid employee. Your employees make $20,000 a year? Your executives make no more than $2,000,000 a year. Want that to go up? Guess it's time for raises then.  The main point of such a law would be to make sure that employees are paid for the benefits they bring in to the company, along with having a living wage. As it stands, employees might get a 25 cent/hour raise a year in low wage jobs, if they get anything at all. This way, if there's enough money to go around to the people at the top, the people at the bottom also see some of that money."}
{"_id": "485231", "title": "", "text": "You can invest for yourself, be your own boss, make your own hours. My boyfriend and I both trade for our personal income, and we work from home and have these as our only jobs.. he chooses to work longer hours and devote more time to it, because he values money over free time more than I do. If you consciously choose what you value most (the ratio of work time to free time), you can make it your goal to secure a job which follows your values. If you let your job dictate your hours/values for you (for example, accepting a position somewhere because it will make you a lot of money, but it will leave you with little free time) you may be unhappy if that's not what you want. I think people have a lot more control over their happiness and work hours than they give themselves credit for. Good luck in your path!"}
{"_id": "485233", "title": "", "text": "The i3 looks like shit. I was hopeful about the i8 but it's so expensive and only seats 2.  I hope there is an electric 3 series, that would be a wonderful thing. But BMW can't see two feet in front of its own corporate greed I don't think it will ever happen."}
{"_id": "485243", "title": "", "text": "Many people have provided very good answers to this question and all the answers provide sound advice and justification. Below are some of my thoughts on the questions that you have put forward. 1) The investment manager question: The returns on your capital for a half year has been quite low; having said that, some investments do take more than half year to show some growth. You could try talking to your investment manager and ask where your money has been deployed and why the returns are low. If there are no real explanation given forth (which would be more likely as you have mentioned your investment manager does not like to discuss your money with you) you should conside Xolorus & Pete's advice and forthwith take all your money from investment manager and park it in the bank till you figure out what to do next with it. 2) Finances are not my forte: At 22 finance is nobodies forte, it takes longer than that; however having said that, how do you know finance is actually not your forte? Being a computer science graduate you would be more than comfortable with the mathematics required for finance. You may not have looked seriously at finance till now (I assume by your statement). Once way to be certain about this would be self learning, some good books have been refered above and there are online information, courses and articles on the Internet, for example here. You could give some spare time and explore if finance interests you or not. 3) If finance interests you: Then consider the 30K as your seed fund and take a small portion of it say 2K and try out your hand at investing on your own in the instruments that you feel most comfortable and see how you fare, you are young enough to take the risk. Rest of the money you could put in other low risk instruments (that you have identified through self study) 4) If finance does not interest you: The probably you are better off with an investment manager, as observed above, it will take some time for you to identify him/her 5) On returns: As mentioned above different instruments produce returns differently, however, one question that is universally asked is how much return on an invetment shoule one expect (you were expecting more than $12 on your investment). It is a difficult question to answer as invetment returns and investment needs depend on a persons financial goals and risk taking profile. One way to have some measure is to take 15-20 years CAGR of the stock index return and reduce it by 2-3%, that is (in many cases, not all) a reasonable return expectation in medium-long term."}
{"_id": "485248", "title": "", "text": "Wells Fargo offers to rollover existing HSA accounts without mentioning the need to be changing plans, jobs, or providers so I don't think you need a life event to make the switch but you can check with your new provider to make sure prior to opening the account. Like most things HSA-related the rules for rollovers are probably similar to the rules for an IRA but once again your best bet is to check with your new provider. HSA Administrators allows you to invest in a large variety of Vanguard funds and were the best I found for investing when I was looking."}
{"_id": "485252", "title": "", "text": "Exactly. People don't seem to realize that a lot of the things they take for granted as being provided by the government were more than adequately provided by private charities until the government stepped in and 'fixed' things...or else they do get it but sweep it under the rug and mumble something about 'its more efficient this way' to justify intruding on the private affairs of others. This is why the founding fathers hated democracy -- the Athenians had no concept of rei publicae."}
{"_id": "485262", "title": "", "text": "I always thought that it was strange that within a few minutes of meeting him, a friend of mine who is a part-time model was offered a job and then was being flown to London/Paris a few weeks later.  I mean, maybe this is completely irrelevant and perhaps that's just how it works, but I always found it strange that she had his private number on her phone.  Surely he has people to handle those kinds of things?"}
{"_id": "485304", "title": "", "text": "Cash back from credit cards is handled separately than the rest of the purchase, i.e. interest begins accumulating on that day, and likely at a higher rate, and usually comes out of a lower limit than the credit allotted to that card. Given all these differences, and the obvious revenue-generation situation for the lender, it makes sense for them to give the store an incentive, rather than penalize them further, for the use of such a feature.  Note: I am not privy to the inner-workings or agreements between large stores and credit lenders, so I cannot guarantee any of this."}
{"_id": "485313", "title": "", "text": "I have an Italian cafe near me that's run by actual Italians.  There's football games on their TV all the time.  It's very nice, actually, and *never* charges you $15 USD, let alone 15 Euro, for a plate of goddamn pasta."}
{"_id": "485315", "title": "", "text": "It's also a lot easier to repossess a car than it is to foreclose on a house in most cases. They don't have to wait for months of non-payment. They don't have to follow an eviction process. They don't need to get local law enforcement involved. They can just show up and take your car when you aren't paying attention.  Hell, there's been more than one reality TV show about the auto repo industry. Besides being quick and easy, people think it's *entertaining to watch*. Compare that to foreclosures... nobody wants to watch a TV show where the sheriff's department shows up to kick a family out on the street while landlords dump all of their belongings on the curb."}
{"_id": "485318", "title": "", "text": "As a recent college grad who switched to his own car insurance, many of the things I did myself are reflected here. The #1 thing I did was find out what coverages I had, what coverages some friends of mine had (car enthusiasts mostly - they're the most informed on this stuff), and then figured out what kind of coverages I wanted. From there, I went around getting quotes from anyone and everyone and eventually built out a sizeable spreadsheet that made it obvious which company was going to offer me the best rate at a given coverage level. Something else to remember - not all insurance companies look at past accidents and violations (speeding, etc) the same. In my search, I found some have a 3-year scope on accidents and violations, while others were as much as 5 years. So, if your driving record isn't a shining example (mine isn't perfect), you could potentially save money by considering insurance through a company that will see fewer violations/incidents than another because of the size of their scope. I ended up saving $25/mo by choosing a company that had a 3-year scope, which was on the cusp of when my last violation/incident occurred. Insurance companies will also give out discounts for younger drivers based on GPA average. If you have kids and they maintain a high GPA, you might be able to get a discount there. Not all companies offer it, so if they do it's worth finding out how much it is"}
{"_id": "485331", "title": "", "text": "Yeah exactly. The problem is that metrics like unemployment rate are just really poor metrics the way they're measured. And to make matters worse we double down and use those same poor metrics to create derivative measurements like the Phillips curve. The result is models that model nothing, but still manage to be the basis of policy decisions."}
{"_id": "485351", "title": "", "text": "My prediction.  Black Friday 2017; retail is going to tank; as online will take a majority of the sales.  As such, it will accelerate the crash; cause huge turmoil.  And, Trump will be blamed for it all.    I could be wrong, we just have to wait 3 months.  ;)"}
{"_id": "485383", "title": "", "text": "&gt;Now a crucial thing here is that while the 20-24 cohort is the largest now, in a few years, the largest group will be those of prime-age workers: 25-29, the age when people really begin to earn better money and buy homes and cars.  Unless-   1) Those jobs are still being done by baby boomers, or have sent offshore/ eliminated by robots, google, etc   2) That extra money goes to paying down student loans instead of consumer purchases.    3) Interest rates rise. At all. Pushing monthly costs for homeownership from unjustifyable to truly unaffordable."}
{"_id": "485390", "title": "", "text": "\"The biotechnology sector as a whole is a popular buy recommendation among some analysts these days for a few reasons.  Some analysts feel that the high costs in R&D, even without much profit, are a positive sign for growth because it means a company is working towards finding the next \"\"blockbuster drug\"\" or the next class of such drugs. There haven't been many new classes of blockbuster drugs since the development of SSRI's and statins, and many of the new drugs that have been developed have been tweaks to existing classes of drugs. Some analysts feel that \"\"it's about time\"\" for a new class of blockbuster drugs to hit the market. A new blockbuster drug means significant profits for the company that develops it; a new class of blockbuster drugs means significant profits for the whole industry.  Since about 2009, the Food and Drug Administration has been more lenient in its approval of new drugs. This wave of new approvals has reduced R&D costs for companies because they don't need to go back to the lab or earlier phases of clinical trials and continually tweak their drugs in order to gain approval. This has also made some analysts optimistic. Genetic engineering is considered an up-and-coming field with potentially significant applications to the pharmaceutical industry. Advances in this field may increase profits for the pharm industry, but since biotech companies are often the ones producing the engineering equipment, research, etc. such advances could be a major source of revenue for the entire biotech industry.  In the US and in the developed world as a whole, the elderly population is growing, and since people consume more medicine as they grow older, this could lead to higher profits for companies involved in the production of pharmaceuticals (which includes biotech companies, of course) in the long run.  In the US, the passage of the Patient Protection and Affordable Care Act expanded insurance coverage, which gives more people the means to afford pharmaceuticals. Also, in general, people consume more healthcare services when they have insurance (this is called moral hazard), so some analysts expect that the expansion of insurance coverage will only lead to more profits for the pharmaceutical industry and biotechnology firms in general. The global food crisis. As the climate changes, companies like Monsanto, which use various forms of genetic engineering to produce crop strains that can survive in increasingly hostile environments, look more and more appealing to places that need crops designed to grow in such environments. Any methods that could increase yields look increasingly popular, and biotechnology companies often market such methods. (As a side note, I know Monsanto is a contentious example, and there are a lot of misconceptions about \"\"genetically modified food\"\" and the genetic engineering methods they do, so I won't get into a debate about that).  In general, technology is a popular subject right now. I've read analyst reports (from analysts that clearly don't follow the biotech sector) that base their forecasts for the biotech sector on the activities of companies like Dell, Zynga, HP, LinkedIn, Facebook, etc. Clearly, it's problematic when an analyst sees the word \"\"technology\"\" and automatically assumes that the biotech sector is responsive to the same factors as social media firms, hardware manufacturers, etc. This isn't to say that the biotech sector is completely isolated from this, but when I read a report that talks about Facebook's IPO being bad news for companies like Gilead Sciences without mentioning upcoming FDA decisions about Gilead's products or any biotech-specific factors, I'm not convinced the analyst has performed due diligence.  I keep using the phrase \"\"some analysts\"\" because I want to stress that the opinions stated above aren't universal. Although they're popular, not everyone is so optimistic. Also, I don't want you to see these reasons and think that I'm making a buy recommendation, because I'm not. I'm not making a recommendation one way or another.  I'm happy to clarify my answer too; I follow the biotechnology sector extensively. If you want to get a rough feel for the daily movements of the sector as a whole, a good place to start is IBB, the iShares Nasdaq Biotechnology Index Fund. The four largest holdings are Regeneron, Gilead Sciences, Amgen, and Celgene, which are all big players in the industry (obviously). These are a little different from the big name pharma companies like Pfizer, Merck, Novartis, etc. but they're still considered pharma companies. It's also worthwhile to follow the FDA press announcements. By the time the news is published there, it's probably already leaked or known to people in the industry (the biotech/pharm sectors are rife with accusations of insider trading), so you might not find trading opportunities, but it's important to get familiar with the information the releases contain if you want to know more about the industry. Volatility trades are always popular trades around FDA drug approvals.\""}
{"_id": "485394", "title": "", "text": "\"The base model can theoretically have a $35k price, but for a while all the cars built will at least have the $9k extended range \"\"option\"\". Plus most are expected to have one of the $5-8k self driving packages and $5k interior upgrades. And anyone who doesn't want it in black will need to throw in another $1k. Musk has said he expects the average sale price for the first six to twelve months to be in the mid-$50k area.\""}
{"_id": "485398", "title": "", "text": "You're not going to pay any tax. You can receive the money with gratitude and treat your in-laws nicely. Your in-laws will be liable for gift tax. They should be filling and filing the form 709. The end result may be, depending on their past gifts, that they will actually pay no money but instead use the lifetime exemption which is correlated with the estate tax. In other words, this gift will reduce their estate tax exemption. If the overall wealth they expect to have by the time they die is less than $5M (+something, the current level of the estate tax exemption), this translates to having pay no tax whatsoever. The form 709 must be filed, regardless, and a copy of it kept for future tracking purposes."}
{"_id": "485399", "title": "", "text": "You can't tell much by comparing TV's in the store.  There are so many variables that aren't controlled for.  There's no way to know if all the TV's on display are properly set up and perfectly calibrated.  Having said that, from your average viewing distance I think most people won't even be able to see much of a difference between most TV's, except maybe if you're comparing the best of the best with the worst of the worst."}
{"_id": "485401", "title": "", "text": "I disagree. The US has secret ballots. No one knows who you vote for unless you tell them. This board member publicly supported and campaigned for a candidate that potentially has interests hostile to companies the board member is associated with. I don't see it as remarkable (or even particularly newsworthy really) that another member calls him out on it."}
{"_id": "485424", "title": "", "text": "If you sold bought a call option then as you stated sold it to someone else what you are doing is selling the call you bought. That leaves you with no position.  This is the case if you are talking about the same strike, same expiration."}
{"_id": "485454", "title": "", "text": "\"Today I saw a SJW tweet \"\"Men: Weinstein is our fault and our problem to solve.\"\" Like all men should feel collective guilt over Weinstein. Like all men are part of the problem and have to be part of the solution. I can make up a thing too. This is *gender shaming*.\""}
{"_id": "485460", "title": "", "text": "\"I was not aware of that.  However, the rest of that article seems to point in Google's favor.  &gt; The public suffers under a monopolistic market because it does not have the quantity of goods or the low prices that a competitive market could offer.  Doesn't apply.  &gt; ...the act only applies to those monopolies attained through abused or unfair power. Monopolies that have been created through efficient, competitive behavior are not illegal under the Sherman Act, as long as honest methods have been employed.  Google may have 65% of the share of internet searches, but not the online travel booking business.  You can't say they've cheated to win the search market, and you can't say they have a monopoly in the online travel booking business.  &gt; Once sufficient monopoly power has been proved, the Sherman Act requires a showing that the company in question engaged in unfair conduct.  Finally, even if they were somehow declared a monopoly, you'd have to prove they were being unfair to competitors.  Eliminating competitors from search results might be unfair, but just listing your own product at the top of the list seems a fairly weak argument.  If the government says that Google's product at the top of the list is unfair, questions will then be raised about the entire order of the list.  How far down should Google's listings be?  Is this going to spread to all of Google's side-projects that show up in their search results?  What if Google placed their listing in the paid advertising section?  Is that still \"\"cheating\"\"?  Does a company not have the right to show new products to its existing customers?  I don't see Google losing this battle in court, but then, I don't even see it going to court.  Google will go out of its way to appease the complainers.\""}
{"_id": "485478", "title": "", "text": "The lake is beautiful. The Swiss people are really good educated The companies want to be a part of these great reputation. We have low taxes We are political stable Our currency is stable We are company-friendly"}
{"_id": "485488", "title": "", "text": "I'm not good at persuasion, and I'm not an expert at any of this, but here's what I've been thinking. Rather than telling him that he shouldn't rack up more debt, I'd ask him whether he's planning for his debt levels to increase, remain static, or decrease over the next five years. Try to make it feel like he's the one reaching the conclusion that he should be decreasing his debt load. If he says that he's fine with his debt levels remaining static or increasing, then I don't have any further advice. If he says he's trying to decrease his debt level, but it's actually increasing, then maybe he's in denial."}
{"_id": "485507", "title": "", "text": "Banks in the US have to report deposits of more than $10,000, so they'll contact you to complete form 8300 or something. It should not be a problem, though, if you specify that it's someone else's money, not your income."}
{"_id": "485521", "title": "", "text": "You should've been job searching/networking instead of studying for that dumbass CFA. If you find out you failed, you COMPLETELY wasted your time. If you pass, you now have a CFA L1 or whatever with no experience.  If you went to a well known school and can't find ANYTHING you clearly aren't trying hard enough. Make a LinkedIn and lurk the hell out of the alumni groups. Offer to intern for free. You need SOMETHING to cover the white space on your resume"}
{"_id": "485528", "title": "", "text": "I had a scare recently and now I carry all my passwords around in my wallet.  It is a titanic pain in the ass but if a cracker gets one password and you use it a lot they can own you so fast.  Also, google 2-step authorization.  Another enormous PITA but so much more secure."}
{"_id": "485530", "title": "", "text": "I personally would not buy a townhouse. with the HOA / Association fees plus the taxes its almost more than usual house.  Buy a home with average taxes (8,500-10,500) depending on your budget -> good schools (kids) --> No flood zone.  depends what area exactly in northeast you are."}
{"_id": "485538", "title": "", "text": "Suppose the price didn't drop on the ex-dividend date. Then people wanting to make a quick return on their money would buy shares the day before, collect the dividend, and then sell them on the ex-dividend date. But all those people trying to buy on the day before would push the price up, and they would push the price down trying to sell on the date."}
{"_id": "485544", "title": "", "text": "Yes, neat way to say it.  One thing which also occurs to me is about the level of perception of the participants.  Even in the same model space, with the same rules, people could pursue different actions, one's actions are a function of one's perceptions.  If you don't see the red light up and stopped cars up ahead because you are focused on the cars in your immediate vicinity, you may be making maneuvers relative to them such as jockeying for position, unaware you are speeding towards a crash.. if you saw yourself as separate from others, then merely seeking your personal immediate benefit might be all you could understand to be an option.  What I'm getting at, is the more one understands the overall nature nature of the system, the less one is apt to pursue local maxima."}
{"_id": "485546", "title": "", "text": "But . .where is the shock  . . the outrage  An Apartheid state in 2017 . . .women children, unarmed civilians killed tortured, blockaded on a daily basis . .homes bulldozed . .futures destroyed . .no schools, no hospitals  Huh . .oh  . . .its only the Jews . . . its what they do . .find any moment of lull in the madness and take a the time to sow more strife and discord.  But question them and out comes the Apocalypse . . .is it possible that a nation that had suffered such a thing would take the next 50 years to visit it on another?  But the Jews must have their pound of flesh, and the world keeps silent, there is a reckoning"}
{"_id": "485551", "title": "", "text": "You commenters in this post seem to disagree with what this guy is saying because he turned down a Trump post and took shots at him? Do you sincerely feel that all type of regulation hurts this country? What of the religious right taking a hold on education? Will that help America in the generations to come in competing against the world? Think for a sec before you type in more of the same as I've read here."}
{"_id": "485575", "title": "", "text": "I assume that when this actually matters for calculations with money on the line (if there is a need to calculate the probability of hitting a knockout, getting called out of a position, stop loss, etc.) many of these people will use the actual formulas that will give them the correct answers."}
{"_id": "485604", "title": "", "text": "Can you estimate the approximate cost of employing one of each? Would they work as contractors, or employees? Glassdoor can be a great resource for estimating the current market for local labor costs.  If you have a sense for the amount of annual revenue each individual could theoretically produce, you can essentially treat their wages as a fixed cost up to the limit of that revenue, then model the incremental cost and margin impact of bringing on additional headcount.   Is there any additional detail you can provide that might help provide guidance on developing a model?"}
{"_id": "485612", "title": "", "text": "I'll just copypasta out of the book for the sake of clarity:   * If you think about it, you see that the only brokers who touch the switch for light bulb number 64 are those whose numbers are divisors of 64. That is, light bulb 64 has its state changed by brokers whose numbers are factors of 64. This means brokers 1, 2, 4, 8, 16, 32, 64. Because light bulb 64 is originally off, it must be after this odd number of switches that it is on.   * You want to be short a put if you expect a price rise. In this case, you expect to keep the option premium when the option expires worthless.   There are a few pages worth of questions for the options, so the explanation for the IBM one is somewhat limited."}
{"_id": "485620", "title": "", "text": "\"I put bills with a fixed monthly amount to my credit card, and remember to pay it every month.  However, I do not let any bill with a variable amount \"\"pull\"\" access to my funds.  I have to \"\"push\"\" the payment.  The reason is simple: We've all heard the tale of the Electric meter that rolled past zero, and the customer got charged for $65000.00, or other similar situations.  When there is pull access to my money, then I have to work to get my money back.  When there is push access, I can (in the electric situation above) pay an estimated monthly amount, (say $100) to demonstrate good faith and make them come after me.  When they do, I can ask them to demonstrate the accuracy of the bill.  If I have to go after them, I have to demonstrate the inaccuracy.\""}
{"_id": "485631", "title": "", "text": "Honestly, why not? The divide between legal enhancers and non-legal ones is increasingly arbitrary. Look at Barry Bonds. The stuff he was using wasn't originally against the rules. I guarantee you that almost all the athletes out there are doing something. Does that ruin your enjoyment of the game?"}
{"_id": "485632", "title": "", "text": "&gt; They do have trouble finding people that can afford to get out there because who is doing to give up a decent pay job for only 3 months of work?  Well, yeah, that was kind of a given in the discussion. Apple picker is a couple of months job at best. It's still not clear to me what the extra $5 per hour brings to the table.  The fact is that the offers are already nearly up in the range the OP said would sufficiently attract people, but it isn't attracting people. I am highly skeptical that the extra $5 is going to magically change the situation.  Maybe there is some price that would get the people needed, but I'm not convinced it is anywhere near $35, as originally proposed."}
{"_id": "485638", "title": "", "text": "You are not seeing what I aim to explore.   Firstly, I am looking into whether or not CEO-charisma has any influence on consumers in their decision making process.  Secondly I want to see if their decision making process will differ between industries of certainty and industries of uncertainty.  That is why I chose a stable industry (bottled water) and an uncertain industry (computers).  In this survey I am using the Conger-Kanungo scale, which only has been used on internal analysis of the organisation so far. I want to see if the scale can be adapted to the external environment with the same results.  Edit: I just saw your second point. It does not matter who the CEO of Coke or Pepsi is. I took a hypothetical approach to reduce any bias in the survey."}
{"_id": "485643", "title": "", "text": "I know Coles doesn't let you spend Coles gift cards on prepaid credit cards, Target probably has a similar policy. But it's up to the cashiers to enforce it, and I guarantee you the majority of them give so few fucks they actually end up with more fucks at the end of the day than they started with."}
{"_id": "485658", "title": "", "text": "\u00bfHa completado sus estimaciones presupuestarias? \u00bfSe ha asegurado de que su presupuesto est\u00e1 equilibrado o, idealmente, que tiene un super\u00e1vit que le permitir\u00e1 hacer frente a un inesperado o para ahorrar? Todo Inmobiliaria es perfecto en el presupuesto. A trav\u00e9s de nuestro centro de atenci\u00f3n al cliente podemos ofrecer un manejo sencillo y sencillo de sus casos, ya sea que tenga un negocio local o nacional. Industrias, asociaciones de vivienda, due\u00f1os de propiedades, grandes y peque\u00f1os, nuestros clientes numerosos y satisfechos, si est\u00e1n en M\u00e9xico es una prueba de que nuestros servicios de propiedad son apreciados y lo estamos haciendo hoy."}
{"_id": "485676", "title": "", "text": "I typed out 5 different responses and deleted them.  What has already happened is amazing, almost beyond belief.  It is quite impropable it happened, or that it happens again.  But... sometimes truth can be stranger than fiction.  I'd argue the next part, if it happens, aught to take longer.  But I wont rule anything out."}
{"_id": "485708", "title": "", "text": "Amazon pays their entry-level workers $5.00 more an hour than minimum wage.  We're comparing that to child-labor sweat shops?  News flash, if unskilled entry level workers can afford the median home it means people who have been working for years are making the same as entry level workers.  Does that sound like a world you want to live in?  Everyone gets the same priced home, and you have no hope of ever getting anything better."}
{"_id": "485725", "title": "", "text": "Are you kidding? The stock markets just took a nose dive this week. Perfect buying opportunity. Just be sure to dollar cost average your way in to avoid excessive timing risk."}
{"_id": "485757", "title": "", "text": "I stumbled on the same discrepancy, and was puzzled by a significant difference between the two prices on ETR and FRA. For example, today is Sunday, and google shows the following closing prices for DAI. FRA:DAI: ETR:DAI: So it looks like there are indeed two different exchanges trading at different prices.  Now, the important value here, is the last column (Volume). According to Wikipedia, the trading on Frankfort Stock Exchange is done today exclusively via Xetra platform, thus the volume on ETR:DAI is much more important than on FRA:DAI.  Obviously, they Wikipedia is not 100% accurate, i.e. not all trading is done electronically via Xetra. According to their web-page, Frankfort exchange has a Specialist Trading on Frankfurt Floor service which has slightly different trading hours.  I suspect what Google and Yahoo show as Frankfort exchange is this manual trading via a Specialist (opposed to Xetra electronic trading). To answer your question, the stock you're having is exactly the same, meaning if you bought an ETR:BMW you can still sell it on FRA (by calling a FRA Trading Floor Specialist which will probably cost you a fee). On the other hand, for the portfolio valuation and performance assessments you should only use ETR:BMW prices, because it is way more liquid, and thus better reflect the current market valuation."}
{"_id": "485760", "title": "", "text": "\"Do you want to do it pre or post correction? If you're bearish on the market the obvious thing to do is short an index. I would say this is kind of dumb. The main problem is that it may take months or years for the market to crash, and by then it will have gone up so much that even the crash doesn't bring you profit, and you're paying borrowing fees meanwhile as well. You need to watch the portfolio also, when you short sell you'll get a bunch of cash, which you most likely will want to invest, but once you invest it, the market can spike and pummel your short position, resulting in negative remaining cash (since you already spent it). At that point you get a margin call from your broker. If you check your account regularly, not a big deal, but bad things can happen if you treat it as a fire and forget strategy. These days they have inverse funds so you don't have to borrow anything. The fund manager borrows for you. I'd say those are much better. The less cumbersome choice is to simply sell call options on the index or buy puts. These are even cash options, so when you exercise you get/lose money, not shares. You can even arrange them so that your potential loss is capped. (but honestly, same goes for shorts - it's called a stop loss) You could also wait for the correction and buy the dip. Less worrying about shorts and such, but of course the issue is timing the crash. Usually the crashes are very quick, and there are several \"\"pre-crashes\"\" that look like it bottomed out but then it crashes more. So actually very difficult thing to tell. You have to know either exactly when the correction will be, or exactly what the price floor is (and set a limit buy). Hope your crystal ball works! Yet another choice is finding asset classes uncorrelated or even anticorrelated with the broader market. For instance some emerging markets (developing countries), some sectors, individual stocks that are not inflated, bonds, gold and so on can have these characteristics where if S&P goes down they go up. Buying those may be a safer approach since at least you are still holding a fundamentally valuable thing even if your thesis flops, meanwhile shorts and puts and the like are purely speculative.\""}
{"_id": "485766", "title": "", "text": "Given that hedge funds and trading firms employ scores of highly   intelligent analysts, programmers, and managers to game the market,   what shot does the average person have at successful investing in the   stock market? Good question and the existing answers provide valuable insight.  I will add one major ingredient to successful investing: emotion.  The analysts and experts that Goldman Sachs, Morgan Stanley or the best hedge funds employ may have some of the most advanced analytical skills in the world, but knowing and doing still greatly differ.  Consider how many of these same companies and funds thought real estate was a great buy before the housing bubble.  Why?  FOMO (fear of missing out; what some people call greed). One of my friends purchased Macy's and Las Vegas Sands in 2009 at around $5 for M and $2 for LVS.  He never graduated high school, so we might (foolishly) refer to him as below average because he's not as educated as those individuals at Goldman Sachs, Morgan Stanley, etc.  Today M sits around $40 a share and LVS at around $70. Those returns in five years. The difference?  Emotion.  He holds little attachment to money (lives on very little) and thus had the freedom to take a chance, which to him didn't feel like a chance.  In a nutshell, his emotions were in the right place and he studied a little bit about investing (read two article) and took action.  Most of the people who I know, which easily had quintuple his wealth and made significantly more than he did, didn't take a chance (even on an index fund) because of their fear of loss. I mean everyone knows to buy low, right?  But how many actually do?  So knowing what to do is great; just be sure you have the courage to act on what you know."}
{"_id": "485776", "title": "", "text": "I've seen agism go the other way on my job.   A Generation X'er Accounts Payable Clerk in my department was promoted to an Accounts Payable Supervisory role simply because she has kids and my Baby Boomer boss sympathized with her on a personal level. The punchline is this woman doesn't understand accounting on a fundamental level (she has some junior college education, no degree).  I (Generation Y) on the other hand had to train up my Baby Boomer boss in our industry over the course of a year. Attempt to teach him how to use our ERP system (he refuses to learn how to use our accounting system and he's the CFO, big red flag, we're going on year 2 now), cover for him when he make bone-headed Accounting 101 mistakes, and be the defacto department manager (I'm the Senior Accountant) because his Accounts Payable supervisor doesn't know how to debit and credit accounts correctly. The buck should stop with her when it comes to Accounts Payable transactions but she's too incompetent to handle the responsibility.  So now my boss is looking hire a new staff to the department and I'm gunning for a Manager's title (I do the managing already I just want the official title and pay raise). In addition I would like to have an official direct report, instead of all this  unofficial direct reporting going on.   I found out last week that I'm not up for consideration, but the girl that has NO COLLEGE DEGREE who was in my position before me, but left (knew someone who got her a better job) is on the short list for the position. Of course she's a Generation X'er. I'm more experienced technically than she is, I have less years of experience but my skill set is larger, I'm much better educated, and I bring database administration and programming to the table in addition to Accounting (Accounting ERP softwares are essentially databases). I even fixed the tax mess she left the department on the way out.  I suspect the reason why I wasn't up for consideration is because I stand out. I'm young (28, look young), gym fit (coworkers are all overweight), and no kids (that seems to REALLY single me out). Everyone else never learned what a condom was and had children around 16-19 years of age. So instead of the workplace becoming a meritocracy, it's a game of who can put themselves in bad situations and garner sympathy for pay raises and promotions they don't deserve."}
{"_id": "485778", "title": "", "text": "You only need umbrella policy for large amounts of liability protection (I think they usually start with $1M). So if you don't have and don't expect to have assets at such a high value - why would you need the insurance? Your homeowners/renters/car/travel insurance should be enough, and you still need to have those for umbrella since its on top of the existing coverage, not instead. Many people just don't have enough assets to justify such a high coverage."}
{"_id": "485789", "title": "", "text": "most anybody would reverse  8 years with Timmy 'The Tax Cheat' Geithner plus Yellen with no rates increases (just decreases) ...then **SUDDENLY** with Trump as POTUS 3 raises, 1-2 more coming this year alone, plans for 3+ next year  all that = **WTF**"}
{"_id": "485791", "title": "", "text": "The only problem with writing puts is that you need to buy the futures, and at the moment at least that is what I am trying to avoid (trying to be as frugal with my investing dollars). I will however consider that strategy, since it does make sense."}
{"_id": "485801", "title": "", "text": "&gt;What is your prediction for the next 12 months of the stock market?  Not good. I'm not seeing any of the factors that contributed to what happened in 2008 change, which suggests, imho, that the market is still really unstable and prone to wild fluctuation and crashes. If you like risk perhaps that's okay, but for most investors it's a nightmare. Austerity seems to be winning out in government reaction to economic problems instead of stimulus, which is only going to shrink demand across the board. If you can find something for which there is a hungry consumer base willing and able to pay, maybe that's a good direction to go in, but those are more and more rare these days. I'm almost completely withdrawn from the market, save for my 'fun stocks', investments I've made not to make money but just to toy around with, and my Apple investments, which defy logic. And Netflix, which I support on principle.   Last year was a good year for investing in healthcare, but I'm not sure how that's going to pan out this year."}
{"_id": "485807", "title": "", "text": "While I certainly agree with you that the incentive is there, I don't see how you can claim it occurs without real evidence.   People do things that go against their rational incentives all the time, it's the whole reason behavioral econ exists."}
{"_id": "485822", "title": "", "text": "An amended return is required for situations that impact tax owed, or your tax refund. 8606 purpose is to track non-deducted IRA deposits. I'd recommend you gather all your returns to form a paper trail, and when filing your 2016 return, show a proper 8606 as if you'd tracked it all along."}
{"_id": "485828", "title": "", "text": "To quote Adam Smith, 'Everything is worth what its purchaser will pay for it'. In this case, that means, the value of a stock is equal to the price that someone will pay for it. If you buy shares in a company, the number of people who want shares in that company has just gone up by 1. If you buy shares in companies profiting from the DAPL, you are increasing demand for those shares. You are actually making those shares more valuable, not less. If you bought all those shares, then you could simply shut the pipeline down. But that means you'd be spending billions of dollars to do so - and that money would go to the people who own the company now. The concept of 'Shareholder Activism' that you refer to, is actually more that an individual who owns a substantial number of shares (usually in the 10% ballpark) will become outspoken on the direction of the company, and attempt to elect board members who will take action to suit their liking. This is done to increase the profits of the company, so that the shareholder can make more money off of their investment. It is very expensive, and not generally done for reasons of 'ethics', unless those ethics align with a view to long-term profit (in this case, you'd need at least $1Billion to buy enough of a stake in the DAPL to make a difference). What you may instead want to consider is 'ethical investing'. This refers to the concept that you should only put your investments in companies which act ethically. For example, you could buy shares in a solar company, if you felt that was an ethical industry. In this way, you drive up demand for those types of companies, and reward the business owners who act in that fashion."}
{"_id": "485833", "title": "", "text": "\"While that may be true,  it's a shame. Morality has to come before profit or the game is already lost. Profit without social progress is meaningless. The use of \"\"shareholder value\"\" as a justification for a lack of corporate ethics is disgusting. Our CEOs shouldn't have to be told that it's wrong to pray on their customers. It's fucked up.  It's a huge glaring flaw in society.  Have you listened to any of the interviews with Bernie Madoff or the Enron guys?  They don't feel like they did anything wrong. No shame at all.  Maybe it's because they're sociopaths,  but maybe it's because we're all still irrational animals obsessed with having more than the next guy,  even if we hurt everyone in the process /rant\""}
{"_id": "485855", "title": "", "text": "3S Courier and Logistics in Singapore can offer the best services to the clients at the most affordable rates. They have designed services for the clients. They ensure that the delivery of the document or the parcel happens timely.The Same Day Delivery Service is also offered by the company which can be availed by paying extra charges. The clients can also Buy Carton Boxes Online for safe and secure packaging of their commodities and products."}
{"_id": "485857", "title": "", "text": "&gt; statement someone out of touch with reality would make... someone who is either naive, or has had everything handed to them for most of his/her life.  So absurd.  I love how this is just the go-to excuse.  As if no one can make it on their own.  I must have been provided with my wealth.  News flash! There are some people who don't accept the social class they were born into.  They get up and they do something about it.  They don't complain.  They don't beg.  They create.  They innovate.  They build.  They make good decisions.  &gt; Not everyone has the time, people might have families, mortgages, debt to pay off,  You act like all of this is random though.  As if someone randomly wake up one day and has $40k in debt, a wife who doesn't work and three kids to feed.  Those factors aren't random.  That guy chose that life.  What I'm suggesting is that we change the way we educate.  Instead of corralling kids into over-priced institutions where they earn meaningless degrees for $200k a pop, push alternatives."}
{"_id": "485860", "title": "", "text": "I purchased a used (2011, low miles) sedan in early 2014 for ~28k, 9   months before moving to the city. I put 12k down including trade in   and currently own 9k on the car (1.9% APR). It's a luxury sedan (not a   3 series, hah!) and will hold it's value better than other cars for   quite a while (currently worth ~23k in private sale). 1.9% APR yet it costs you 50% APR to keep it. Regarding your logistical problem:  Maybe you will go home/your parent's house less. Maybe you will make New York City your home. Even if there is something very serious (or interesting) 320 miles away, the rest of us also have to deal with this.  Bus, train, Uber, arrange pickup at the train station with friend's/family. You can also subsidize flights and trains with promotional credit card miles."}
{"_id": "485863", "title": "", "text": "Thanks for the support.  I think you're right with taking on one chapter at a time and doing the practice questions.  As on now, my midterm is on chapters 1-7 and our test just passed was 1-4.  I figure read the new stuff before the old and always do the practice tests."}
{"_id": "485883", "title": "", "text": "If she does take this job and not have a 401k, tell her to make sure she opens up an IRA account. It has a lower contribution limit ($5,500 a year for people under 55) and no sort of company matching, but has the same tax benefits a 401k has. It's definitely a wise investment if she doesn't have access to a 401k (still a wise investment even if she does)"}
{"_id": "485891", "title": "", "text": "\"As an engineer, my problem with \"\"bean counters\"\" is that they simply don't know anything about anything except immediate cost today. I'm not talking about the vice president bean counter; I'm talking about bean counters at my same salary grade that are rated on what things cost today versus what they cost yesterday.  In my business, we're mostly all good engineers that take cost into account. We can't afford not to. But we understand important things such as lifecycle cost and opportunity cost that bean counters don't understand. If I mention time averaged rate of return to our bean counters, their eyes glaze over.  Things aren't hopeless, though. We can go to the bean counters' management to make the correct things happen, but if we have to do that all the time, then what damned purpose do the bean counters even serve? Maybe they only stave off the lesser engineers that haven't learned about money yet.\""}
{"_id": "485896", "title": "", "text": "\"If you press \"\"PrintScreen\"\" it connects to your closest printer and prints your screen. Blows my mind.  More seriously I think it is great at what it does. However at 20-30k yearly I'm sure if you have to pay for it yourself you could start looking really hard for other options\""}
{"_id": "485898", "title": "", "text": "Getting the first year right for any rental property is key. It is even more complex when you rent a room, or rent via a service like AirBnB. Get professional tax advice. For you the IRS rules are covered in Tax Topic 415 Renting Residential and Vacation Property and IRS pub 527 Residential Rental Property There is a special rule if you use a dwelling unit as a personal   residence and rent it for fewer than 15 days. In this case, do not   report any of the rental income and do not deduct any expenses as   rental expenses. If you reach that reporting threshold the IRS will now expect you to to have to report the income, and address the items such as depreciation. When you go to sell the house you will again have to address depreciation. All of this adds complexity to your tax situation. The best advice is to make sure that in a tax year you don't cross that threshold. When you have a house that is part personal residence, and part rental property some parts of the tax code become complex. You will have to divide all the expenses (mortgage, property tax, insurance) and split it between the two uses. You will also have to take that rental portion of the property and depreciation it. You will need to determine the value of the property before the split and then determine the value of the rental portion at the time of the split. From then on, you will follow the IRS regulations for depreciation of the rental portion until you either convert it back to non-rental or sell the property.  When the property is sold the portion of the sales price will be associated with the rental property, and you will need to determine if the rental property is sold for a profit or a loss. You will also have to recapture the depreciation. It is possible that one portion of the property could show a loss, and the other part of the property a gain depending on house prices over the decades. You can expect that AirBnB will collect tax info and send it to the IRS As a US company, we\u2019re required by US law to collect taxpayer   information from hosts who appear to have US-sourced income. Virginia will piggyback onto the IRS rules. Local law must be researched because they may limit what type of rentals are allowed. Local law could be state, or county/city/town. Even zoning regulations could apply. Also check any documents from your Home Owners Association, they may address running a business or renting a property.  You may need to adjust your insurance policy regarding having tenants. You may also want to look at insurance to protect you if a renter is injured."}
{"_id": "485915", "title": "", "text": "Thanks for the tip, I hope I don't get banned -- I got approval from the moderators before posting here!   The reason we're posting here and not just in SurveyResearch is because (a) we think this may be fun/interesting to users on this board, and we're happy to share the results, and (b) we specifically need participants who have some interest or experience in finance or investing."}
{"_id": "485932", "title": "", "text": "\"Ah to be clear, \"\"bad customer\"\" here means someone that ends up costing the company more money than they are worth to you.  The article explictly says that a lot of the problems that Bob had were nothing to do with their product.\""}
{"_id": "485949", "title": "", "text": "The LLC portion is completely irrelevant. Don't know why you want it. You can create a joint/partnership trading account without the additional complexity of having LLC. What liability are you trying to limit here? Her sisters will file tax returns in the us using the form 1040NR, and only reporting the dividends they received, everything else will be taxed by Vietnam. You'll have to investigate how to file tax returns there as well. That said, you'll need about $500,000 each to invest in the regional centers. So you're talking about 1.5 million of US dollars at least. From a couple of $14K gifts to $1.5M just by trading? I don't see how this is feasible."}
{"_id": "485965", "title": "", "text": "Lol it was pure boiler plate but at least he was straight up and said he's in it for the money. Other than that you could say that about any of the BB firms out there. Not sure if GS or any of the others provide quicker advancement than smaller shops like the ones he shit on right before referencing his internship at one."}
{"_id": "485972", "title": "", "text": "\"There are many ways to trade. Rules based trading is practiced by professionals. You can indeed create a rule set to make buy and sell decisions based on the price action of your chosen security. I will direct you to a good website to further your study: I have found that systemtradersuccess.com is a well written blog, informative and not just a big sales pitch. You will see how to develop and evaluate trading systems. If you decide to venture down this path, a good book to read is Charles Wright's \"\"Trading As A Business.\"\" It will get a little technical, as it discusses how to develop trading systems using the Tradestation trading platform, which is a very powerful tool for advanced traders and comes with a significant monthly usage fee (~$99/mo). But you don't have to have tradestation to understand these concepts and with an intermediate level of spreadsheet skills, you can run your own backtests.  Here is a trading system example, Larry Connors' \"\"2 period RSI system\"\", see how it is evaluated: http://systemtradersuccess.com/connors-2-period-rsi-update-2014/, and this video teaches a bit more about this particular trading system: https://www.youtube.com/watch?v=i_h9P8dqN4Y IMPORTANT: This is not a recommendation to use this or any specific trading system, nor is it a suggestion that using these tools or websites is a path to guaranteed profits. Trading is a very risky endeavor. You can easily lose huge sums of money. Good luck!\""}
{"_id": "485973", "title": "", "text": "For starters, that site shows the first 5 levels on each side of the book, which is actually quite a bit of information.  When traders say the top of the book, they mean just the first level.  So you're already getting 8 extra levels. If you want all the details, you must subscribe to the exchange's data feeds (this costs thousands of dollars per month) or open an account with a broker who offers that information. More important than depth, however, is update frequency.  The BATS site appears to update every 5 seconds, which is nowhere near frequently enough to see what's truly going on in the book.  Depending on your use case, 2 levels on each side of the book updated every millisecond might be far more valuable than 20 levels on each side updated every second."}
{"_id": "485974", "title": "", "text": "If your parents can spare it, take the money from your parents and return it to them with interest. It is always better to pay interest to family than to a bank."}
{"_id": "485976", "title": "", "text": "America's economy is a War based economy, you need to understand that and chew on it and admit it to yourself. We are not some happy happy charlie and the chocolate fucking factory economy, we profit from war, human misery and of course really really bad banking practices and exporting inflation as the retarded Indians are going to find out soon, not the Red ones we gave cholera &amp; Small pox to, the ones that think they are our friends and we are going to build F-16s in their land of open defecation and cow piss consumption.  Now everything was really great and we were about to get our hands on some really cheap Iraqi oil, but the fucking Taliban we trained and armed to fight the Russians decided they wanted to fight us when we attacked them.  Problem was we didn't need M1 Abrahams and F-35s and nuclear subs to fight them.  And then the Bloody Iraqis wouldn't quit and it turned out we didn't need M1s, and F-35s and Nuclear subs to fight them.  In fact we didn't have anything that made it cost effective to fight a guy with a rocket launcher and a pick up truck and our economy started to fail and we landed up in a depression which we called a recession, but it was a depression and thats why our central bank is still trying to get rid of that shit they sold to raise US $ 2.4 Trillion dollars for the Iraq war. Really bad investment that.  Well a reemergent Russia, was like a god send, we could restart the cold war and start making M1s and F-35s and Subs again and have a worthy foe, we would have to scare the shit out of the American people to divert the money to the military, but that would get factories cracking again and corporate lending going again, and NATO would just have to buy our shit up . .right?  Turns out it wasn't a God send, the priests were busy diddling the choir boys and the rabbi's selling Palestinian spare parts, and the rest of the godless lot getting confused about the gender and the Russians were actually dead serious, scared the shit out of Ukraine and annex Crimea . . .and we couldn't do shit.   North Korea . . .the Fuckers got nuclear missiles and a freaking hydrogen bomb, I mean shit . . .we were just play acting to get the economy booming again and this guy had to start blowing shit up.  And Iran they are sure to go next, and then the whole middle east.  We gave the Israelis F-35s, even though they can barely fly . .that junk has just taken so long to develop, they ain't never going to figure the code out and make it work.  The God damned Missile shield is only good enough for fire crackers and scuds.  These guys are lobbing ICBMS and now everybody knows our missile shield is really good to look at but doesn't do much, did you see the Japanese ducking for cover.   And the Chinese . .god damn . . You just can't guess what is happening behind those eyes . .they can crash our economy like swatting a fly, yet the sit there and we talk shit day after day after day and the just smile and say some diplomatic shit, they are playing the long game for sure and we have no clue what the fuck it is.  I guess we are going to have to pick a fight with Canada soon, everybody else is so edgy and starts wanting to shoot back at us, how the fuck is one supposed to run an economy when the keep threatening to bomb us.  At least there is a Wall between the Chinese and US . .not sure who built it. .could have been the Mexicans . . .didn't get the bill, definitely not paying for it."}
{"_id": "485982", "title": "", "text": "\"A \"\"sunk cost\"\" is a cost that you have already incurred, and won't get back. The \"\"sunk cost fallacy,\"\" as you described, is when you make a bad decision based on your sunk cost.  When you identify a sunk cost, you realize that the money has been spent, and the decision is irreversible.  Future decisions should not take this cost into account.  When you commit the \"\"sunk cost fallacy,\"\" you are keeping something that is bad simply because you spent a lot of money on it.  You are failing to identify the correct current value of something based on its high cost to you in the past. The other fallacy you describe, the opposite of the sunk cost fallacy, is when you get rid of something that is good simply because you spent little on it.  As before, you are also failing to correctly identify the correct current value of something, but in this case, you are assigning too little a value based on the low cost in the past.  You could call this a type of \"\"opportunity cost,\"\" a loss of future benefits due to a mistake made today.  It seems reasonable to describe this type of fallacy as an \"\"opportunity cost fallacy.\"\"\""}
{"_id": "485984", "title": "", "text": "\"I once was reviewing one of those contracts with plenty of bad clauses in it, sitting across from the salesman whose commission depending on me signing it.  I started crossing out all the bad clauses, initialed them and said I would sign it if he'd initial the changes as well.  Oh, and there was one clause that said something like \"\"THIS CONTRACT MAY NOT BE MODIFIED WITHOUT THE EXPRESS WRITTEN CONSENT OF THE EXECUTIVE VICE PRESIDENT...\"\"  Of course, I crossed it out as well.  I signed, he signed.  Everyone was happy.  Fortunately I never had to deal with any of the issues, but what's the worse they could do?\""}
{"_id": "486006", "title": "", "text": "When you buy your list from eSalesData, we\u2019ll put your sales teams in contact with both big and small advertising agencies North America, Europe, Asia and the rest of the world. Our data specialists constantly update and cross check all our records to ensure that you receive only the most accurate information, every single time."}
{"_id": "486009", "title": "", "text": "The quality of life level everyone can be at does and should include luxuries. There is no reason people can't have luxuries except that the 1% holds onto its wealth instead of distributing it, which would only increase their own wealth. All of us live unnatural lifestyles, we can no longer live naturally due to the degredation of the environment."}
{"_id": "486018", "title": "", "text": "Actually, I hate /r/politics but I think this is a great forum for this topic.  This should what happens when you treat your customers poorly.  I was one of those individuals that moved from Bank of America to USAA and I would do it again.  Banks got away from the original business model and became investment banks and they suffered as a result.   I would love to hear a more refined business perspective on this."}
{"_id": "486019", "title": "", "text": "\"Yes, since all those things \"\"uncovered\"\" by the last audit were already covered in previous audits. You don't think that perhaps some politicians are trying to get politicial credit by chasing a ghost?  Read what Sanders wrote on his website. Then read the actual audit. Then tell me if you think he is perhaps grandstanding. A prime example is his claim that 16 trillion was lent, which is pretty dishonest. At no point was there more than about 2T lent out (from the audit itself) and at no point was the US taxpayer on the hook for over around 2T.  The quote you provide is an example of this misleading rhetoric. Go and read the actual report your news stories refer to.\""}
{"_id": "486021", "title": "", "text": "Now, you can  buy the cars in good condition in Johor Bahru. There is a lot of used car dealer but they don't certify the car properly.  We have more than 1000 cars  for sale of every company  that provide used car and also known as johor\u2019s top car dealer. Whenever you want to buy second hand car, then you should select the most car dealer in Johor Bahru. We offer you active car. Here, you and get the extensive variety of each car that affirmation by our amazing master group. Fundamentally, you should locate the most and closest approved auto merchants in your city."}
{"_id": "486058", "title": "", "text": "Disclosure: I am working for an aggregation startup business called Brokerchooser, that is matching the needs of clients to the right online broker. FxPro and similar brokers are rather CFD/FX brokers. If you want to trade stocks you have to find a broker who is registered member of an exchange like LSE. Long list: http://www.londonstockexchange.com/exchange/traders-and-brokers/membership/member-firm-directory/member-firm-directory-search.html From the brokers we have tested at Brokerchooser.com I would suggest:"}
{"_id": "486067", "title": "", "text": "Yes, you can cash the check now, but with the caution that if your amended return causes you to owe much more, you should immediately file and include payment with your amended return to avoid interest and penalties."}
{"_id": "486077", "title": "", "text": "I read the text, it is a bit confusing but it seems like they are trying to limit it to 500k per person (the 1% is BS IMO) not for the whole class. Still, not sure limits are appropriate here but its not a complete walk away for the company. Me thinks they are tying to keep equifax from going under in a worst case. Which IMO, they should be shut down."}
{"_id": "486095", "title": "", "text": "\"There is a basic difference between saving for voluntary retirement (i.e. choosing to do things other than work even though you could still work) and the need to save for later in life in general. Regardless of how much you like your job, a time will eventually come when you are no longer able to work, and you will need an alternate source of income to live from at that point. Unfortuately, this is also the time when most people generally have the highest medical bills as well, and may need other services such as long-term nursing home care. So even if you plan to work as long as possible, a retirement fund is an excellent way to plan for these needs as it is tax-advantaged and many companies offer matching contributions. I would simply recommend that you see \"\"retirement accounts\"\" as a good way to accomplish your goals - you don't have to use them to create a \"\"typical\"\" retirement. Once you've taken advantages of the match and tax subsidies, you may also wish to consider saving for an annuity. Fees can be high, so you will need to do your homework (generally, you want to wait and buy an immediate annuity), but this is another way to turn savings into guaranteed income once you need to stop working. Best of luck!\""}
{"_id": "486098", "title": "", "text": "SIP Trunking &amp; PRI Business Voice Solutions - SIP Trunking is the ideal way to use your existing IP PBX equipment to take   advantage of the latest Voice over IP technologies and benefits. It's easy to simply your network by using data lines to   pass voice and data traffic while still using your existing Cisco, Avaya, NEC or Mitel equipment."}
{"_id": "486102", "title": "", "text": "There may come a time when houses are literally printed on-site. The International Business Times recently did a story about a 3D-printer invented by one Andrey Rudenko from Minnesota, which allowed him to create a single-level, concrete castle in his garden in just eight hours."}
{"_id": "486125", "title": "", "text": "Nancy Sharp\u2019s book \u2018BOTH SIDES NOW: A TRUE STORY OF LOVE, LOSS AND BOLD LIVING\u2019 is describing the hard fought life of women with a different prism altogether. Wondering about \u2018who is Nancy Sharp\u2019? Refer to her books to know more in details and get insights to her work and life.  Her inspirational words \u2018Loss and adversity are universal, so, too, is hope\u2019 touches live of many."}
{"_id": "486131", "title": "", "text": "\"Get out of accounting, get to bigger firms.  With around 2 years experience, this will take some pretty serious networking.  Alternatively, look at an MBA.  Small firms can be good but don't look as good on a resume to start.  \"\"Non-business graduate\"\" is meaningless. No one cares as long as its a real degree.\""}
{"_id": "486133", "title": "", "text": "Okay fine, great. I think you fail to see my point.  Experiencing someone dying on the table does not alter the reality of what is behind America's relatively high health care costs, and its not an experience that will give one a special insight into the causes of high prices.  Going back to your first point, economists have looked into the exact same cause you proposed. They have weighted its impact on healthcare and its not the largest driving force in way American healthcare costs so much."}
{"_id": "486157", "title": "", "text": "We will not be voting in a Democrat senate in 2018. It's not mathematically impossible, but it rounds down to zero.  ~~As for recusal~~ To the author of the article: he *wasn't* an employee, and didn't have to recuse. It's not even close, and the article can't change that no matter how many times it mindlessly repeats the claim."}
{"_id": "486159", "title": "", "text": "Now, is there any clever way to combine FOREX transactions so that you receive the US interest on $100K instead of the $2K you deposited as margin?  Yes, absolutely. But think about it -- why would the interest rates be different? Imagine you're making two loans, one for 10,000 USD and one for 10,000 CHF, and you're going to charge a different interest rate on the two loans. Why would you do that? There is really only one reason -- you would charge more interest for the currency that you think is less likely to hold its value such that the expected value of the money you are repaid is the same. In other words, currencies pay a higher interest when their value is expected to go down and currencies pay a lower interest when their value is expected to go up. So yes, you could do this. But the profits you make in interest would have to equal the expected loss you would take in the devaluation of the currency. People will only offer you these interest rates if they think the loss will exceed the profit. Unless you know better than them, you will take a loss."}
{"_id": "486161", "title": "", "text": "My take is that there are many factors to consider when deciding whether to accelerate payment of a debt beyond the require minimum. Ideally you would want to be debt-free with a home owned outright, a pension big enough to lead a nice life for the rest of your days and plenty of savings to cover any unexpected expenses. Being debt-free is not a bad thing but it should not come at the expense of your overall financial health."}
{"_id": "486173", "title": "", "text": "i work at a bank. if a private company that we've never heard of wants a loan, we will be more hesitant than if it were a public, household name covered by equity research analysts. requires more due diligence on our part. if they get s&amp;p or moody's ratings, that makes us more comfortable. the company wants the loan more than we want to lend to them, so in my mind, they should be the one paying for it.  i agree that this creates a conflict of interest, and recognize that conflict when using the research."}
{"_id": "486178", "title": "", "text": "When people voice or express racist discriminatory views for public consumption they are signifying to the world that they have lost all sense of the concept of socialization, and that they wish to be alone and isolated from civilized educated people.  Politics is knowing when to leave the world stage, and racism is not knowing you are just about to, Mr. Faber. Have fun counting your money you anal sadistic antisocial buffoon knuckledragger piece of sociopathic shit.  Bon Voyagee'...."}
{"_id": "486243", "title": "", "text": "To me this sounds like a transaction, where E already owns a company worth 400k and can therefore pocket the money from D and give D 25% of the profits every year. There is nothing objective (like a piece of paper) that states the company is worth 400K. It is all about perceived value. Some investors may think it is worth something because of some knowledge they may have. Heck, the company could be worth nothing but the investor could have some sentimental value associated to it. So is it actually the case that E's company is worth 400k only AFTER the transaction? It is worth what someone pays for it when they pay for it. I repeat- the 400K valuation is subjective. In return the investor is getting 25% ownership of the product or company. The idea is that when someone has ownership, they have a vested interest in it being successful. In that case, the investor will do whatever he/she can to improve the chances of success (in addition to supplying the 100K capital). For instance, the investor will leverage their network or perhaps put more money into it in the future. Is the 100k added to the balance sheet as cash? Perhaps. It is an asset that may later be used to fund inventory (for instance). ... and would the other 300k be listed as an IP asset? No. See what I said about the valuation just being perception. Note that the above analysis doesn't apply to all Dragons Den deals. It only applies to situations where capital is exchanged for ownership in the form of equity."}
{"_id": "486245", "title": "", "text": ""}
{"_id": "486270", "title": "", "text": "It is completely in the realm of each lender what they request. Some lenders always want to see proof of income, and others have decided to look only at other things. Their decision has nothing to do with you, your situation, your income, or your credit history. You are of course free to go to another lender that does not want proof of income."}
{"_id": "486281", "title": "", "text": "Exactly. I\u2019ve heard people bitching about people saying there are no jobs. I literally heard someone say, \u201cI see now hiring signs all over. There are jobs everywhere.\u201d That\u2019s not a job that you can live on. Making 10 bucks an hours at Barnes &amp; Noble is good for a kid but not for an adult. What people need are jobs that require little to no skills but will teach them and pay them well in the meantime. Working at target is not going to be enough. We used to have a ton of low skill jobs in this county."}
{"_id": "486283", "title": "", "text": "wickfire Wickfire is a prominent search marketing agency that helps clients dominate the SERPs by taking a multifaceted approach. Wickfire\u2019s team of SEM experts has a combined 30 years of successful marketing experience. Whether you\u2019re a local restaurant looking to attract new customers or a business looking to debunk a lawsuit, our services can help you in your digital marketing efforts."}
{"_id": "486284", "title": "", "text": "&gt; You've made half-assed non-sensical replies to all of my posts in this thread where you obviously have no direct knowledge of the industry.  I currently have one citation, to your zero. I think my one citation, for a pretty big state in the USA, beats your unsubstantiated claim that you have direct knowledge somewhere *not in California*. The fact that you think this is remotely valuable to your argument shows that you also know very little about discourse.  &gt; You're the one that said you want to know where these markets are that have different laws.  I want to know, in the sense that I want to hold you accountable for the claims you are making. If it's so easy to do the research, I'll leave it to you to make yourself look a little less ignorant."}
{"_id": "486296", "title": "", "text": "Usually I do not read article on blogs, but I wish to say that this write-up very pressured me to take a look at and do so! Your writing taste has been surprised me. Thank you, quite great post."}
{"_id": "486299", "title": "", "text": "Supply and demand. The market needs highly competent software engineers, and will pay out the nose for them. It needs liberal arts majors too, but there are a lot more of them out there, so wages are lower. Oddly enough, it seems more of the liberal arts majors - and I was one of them once - have developed a pretty strong sense of entitlement, and get pissy when they don't see the same kinds of incomes and perks as the guys with the more marketable skills. Cue OWS!"}
{"_id": "486316", "title": "", "text": "Part of the reason things are so ramped up here is that we'll be under the total occlusion, and historically we have over an 85% chance of clear and sunny skies, making it ideal. A lot of people are banking on decent weather here: personally (it's in the mid 60s here today) I'm hoping for snow just to fuck with people."}
{"_id": "486333", "title": "", "text": "\"I worked for a small private tech company that was aquired by a larger publicly traded tech company.  My shares were accelerated by 18 months, as written in the contract.  I excercised those shares at a very low strike price (under $1) and was given an equal number of shares in the new company.  Made about $300,000 pre tax.  This was in 2000. (I love how the government considered us \"\"rich\"\" that year, but have never made that amount since!)\""}
{"_id": "486334", "title": "", "text": "Obviously the only way to have good credit is by owing money, and making payments as scheduled. To do this I would do everything I could to place all of your required expenses on a credit card. This can include paying rent, food, transportation, etc.  These are all payments that you already make, but simply move then through a different payment vehicle. It sounds like at this time you may not have a credit card that allows you to do this, but I would watch out for those cards that come in via mail with all kinds of special deals. While you have not mentioned if you have any of this, make sure that you keep up with your past debt and negotiate repayment if needed. Once your credit improves, you should begin to see doors opening that are problems now."}
{"_id": "486335", "title": "", "text": "Call the credit card company you used to fund the account and file claims against each transaction used to top up the entropay account.  File it either as merchandise not received, or in your case it sounds like unauthorized transaction would be appropriate as well.  Your (real) credit card company will lodge the dispute and get your money back, usually will credit your account back within a couple of days.  Be sure to follow up with your credit card company, as they usually send you some forms to fill out and sign before they finalize the claim."}
{"_id": "486354", "title": "", "text": "&gt; 1)They are the product (or maybe even part of the cause) of suburban sprawl. They encourage car usage and, by virtue of their need for large open areas to be constructed, are often far from where most people work and live. As a result, patrons have to drive large distances from their houses/jobs to the shopping centers. &gt; 2) The parking lots are tremendous waste of space and hugely damage the environment.  Outside of major cities with public transit infrastructure, where ARE people allowed to go then?  And not even for shopping, but pretty much everything outside of the home in these locales requires cars/driving.  That's just reality.  And, actually, I think it would be better to concentrate businesses into one dense area like a mall and then people aren't driving all over hitting up a bunch of different stops.  And, &gt;4) Once they are built and then closed, the space where the centers sat is basically abandoned and turns into blight. Depending on the businesses that were housed in the mall and the businesses that were supported by the mail (especially gas stations), these sites could be toxic.  I think this would be considered a sunk cost.  The malls are built.  If they go under now, then this bad stuff will happen.  If anything this is an argument why this news is bad for the environment."}
{"_id": "486367", "title": "", "text": "As you point out, the main benefits of a pension/retirement account over a traditional cash/taxable account are the legal and tax benefits.  Most Western countries establish a specific legal definition for an account which is often taxed less or not at all relative to taxable accounts and which contains some protection for the owner in case of a bankruptcy.  The typical drawbacks for investing within such structures are limited investment choice, limited withdrawal rights (either in terms of age or rate of withdrawal), and maximum contributions.  The benefits are usually very clear, and your decision whether or not to open a pension/retirement account should depend on a careful weighing of the benefits and drawbacks. As to whether you may end up with less than you started, that depends on what you invest in.  As with all of finance, you must take more risk to get more return.  Although the choices inside a pension/retirement account may be worded somewhat differently, they are usually fundamentally no different than some of the most popular investments available for ordinary taxable accounts."}
{"_id": "486376", "title": "", "text": "Good question. I have no idea what legal recourse they have to reverse gift and credit card purchases.  Cash people are probably safe.  Like I said, it's unlikely they will do anything, but I would not be holding on to gift cards purchased via gift cards if it was my money on the line."}
{"_id": "486378", "title": "", "text": "No, it's not.  You need a BS and a masters to achieve a PhD.  You need a bachelors to achieve a masters.  When I was halfway through my bachelors, no one came and gave me an associates.  When I graduated college, no one gave me a BS AND an associates.  An associates' whole purpose is to show someone has achieved some college.  You don't get two degrees for graduating college in its entirety.    Further, if you achieve an associates and then come back some time later and finish and get your bachelors, you don't need to say you have both.  It is horribly retarded."}
{"_id": "486379", "title": "", "text": "To cut the cost of insurance in half, you will have to cut the number of ambulance chasing attorneys in half and stop half of the hail storms. I\u2019m of the belief that lawsuits and defense cost will still be a part of the insurance cost as well as all the current comprehensive risks.   The reason Tesla is doing this is because it\u2019s vehicles are SIGNIFICANTLY more expensive to repair. The mainstream insurance companies are figuring out how to insure them, and it will end up be much more expensive to insure a Tesla than a Toyota."}
{"_id": "486381", "title": "", "text": "&gt;This is further supported by the fact that when I go into a Costco it's nearly impossible to find anyone to help me, and when I do, they are just about useless.   I have to completely disagree with this one. It is true that it can be an effort to find help, but in all cases they leave what they are doing and walk with me to help me find whatever I was looking for.  Besides I don't think it's any easier to find help at either Walmart or Target."}
{"_id": "486382", "title": "", "text": "So you're telling me you can't commute upwards of one hour away from your work to find affordable housing? That is what Californians do.   High-price houses are a convenience based on location, you can easily find great deals if you're willing to remove convenience."}
{"_id": "486395", "title": "", "text": "Contributing the $150 to put you over the $3k mark is somewhat pointless. The reason is that, although you won't be accumulating any fees, you won't be able to use the money, either, because as soon as you take a distribution, you'll be back under $3k.  Instead, I would look at two things: First, are you considering all the ways you can spend this money? Doctor visits, dentist, prescriptions, eyeglasses, chiropractic, and more: there are lots of ways to spend this money, and if you can spend it all in a relatively short amount of time, your problem is solved. The full list of things you can spend it on is in IRS Publication 502.  Second, have you talked to a local credit union? Credit unions often offer an HSA account with only a small setup fee and no ongoing monthly fee or minimum balance. If you roll your current HSA money over into your new account, you can then take your time spending the money until it is gone.  If you are having trouble locating a good HSA, there is a large list at hsarates.com. Look for one that is available in your state (or nationwide) and has low/no fees."}
{"_id": "486398", "title": "", "text": "\"Short answer: Yes. Longer answer: There may or may not be a medical exam, or a physical, as with a life insurance policy. But your medical history is considered in the underwriting process. Disclosure: I once worked as a financial advisor, and held an insurance license for life, annuity and long-term care. It has been 8 years since I left that line of work. There are some \"\"knock-out\"\" questions that the salesperson is encouraged/required to ask just to see if there would be anything obvious that would disqualify you. The only one I can remember from that list is COPD. If you have that as a diagnosis in your personal medical history, the instruction to the salesperson is to not waste anybody's time. There were several other conditions, all with very long technical names.   If you're not disqualified by the no-brainer knock-out questions, your medical history will likely be included in the underwriting process.  Not every serious illness is an automatic disqualifier, including cancer. It may cause your premiums to be a little higher, as the underwriters will take a closer look and increase your risk profile due to the history. There may be some group policies where underwriting is limited or not required at all. As with all group insurance policies, the healthy members in the group are paying more in premiums than they otherwise would, in order to \"\"subsidize\"\" the premiums of the less healthy members. It's almost always cheaper to get your own personal policy unless you know you wouldn't qualify for it. Then, the group policy might be your only chance for some coverage. Age 60-62 is statistically the best time to purchase LTCI. On average, if you make it to 62, you have a very high chance of making it to 90. (These were the numbers available to me 8 years ago when I was in the business.) After 62, the prices go up a lot faster with each year of age.  I can't answer with anything helpful about your spouse's specific situation. It would be good to talk to a licensed insurance broker about it (not a salesman from a specific company). The broker is not necessarily bound to disclose personal details you might have shared with them. The company salesman would be obligated to disclose it to their company.\""}
{"_id": "486402", "title": "", "text": "Here's what I'd do.  Show these figures to your bank, and ask if they can offer you some type of account with a small overdraft, say up to $2000.  Typically this won't pay the same kind of interest as your savings account, but it doesn't matter. If such an account is available, then yes, dump most of your savings into the student loan, and keep a few hundred in your new account.  The overdraft on this account is your emergency fund.  This means that in the more likely scenario (no emergencies) you're saving yourself 6% interest on something like $4000 to $4500.  In the case of an emergency, you're still covered; but you'll be paying a larger amount of interest.  Let's say you have an emergency cost and need to dip into the overdraft for $1000.  If the interest is 15%, then you've cost yourself an extra 9% on that $1000 over leaving that debt in the student loan.  This seems to me like a really good gamble - more likely to gain 6% of $4000, less likely to lose 9% of $1000. If your bank won't give you a low-interest account with a small overdraft, then use your credit card as your emergency fund.  The same kind of logic applies; but since credit card interest rates are typically higher than overdraft interest rates, you'll want to keep slightly more in your savings account.  About $1200 to $1500 feels right to me; and move the remaining $3500 to $3800 to your student loan.   So yes, pay off the student loan.  That 6% interest really is worth having, even if you'd be taking a small gamble. Edit - Alexander Kosubek has suggested that I should compare this to matched retirement plans.  The 100% gain in a matched retirement plan isn't 100% per annum; it's 100% divided across the length of time you have to wait until you can get your hands on that money.  Suppose the money is accessible when you turn 60 - a matched plan is a good deal if you're in your 50's, but not so good if you're in your 20's.  The 100% matching is equivalent to 6% interest per annum compounded over slightly under 12 years.   So if you're less than 12 years away from retiring, go for the matched plan.  Otherwise, pay off your student loan first."}
{"_id": "486406", "title": "", "text": "Do you know if I can upload files directly to it (I have made html and css files in Notepad++)?  Also do you know if I am allowed to run ads on a site hosted there (I'm intending to use a provider similar to adsense but not adsense)?   Also do you know if I can connect my own domain name to it?    Thank you so much for your help  Regards Birchmark"}
{"_id": "486418", "title": "", "text": "\"I still don't understand this \"\"analysis.\"\"  Even when the US became the world's largest economy in 1880, the British Pound remained the reserve currency of choice until the 1950s, some seventy years later!  Investors prefer stability and property rights and the US has both, especially when considering the alternatives, i.e. Euro tax takings on bank deposits in Cyprus.    What about the yuan? China may have recently surpassed US economic power, but it is very likely in the midst of a massive credit bubble. China has also been fudging some of their numbers and in many cases, chooses not to keep economic records at all. The fact that many Chinese elites themselves are buying property in Vancouver and the US as a safe harbor also does not bode well for their systemic problems IMO. I'm sticking with the dollar for now.\""}
{"_id": "486419", "title": "", "text": "\"You don't need to have a bunch of credit cards lying around; just a couple is fine. Get a \"\"rewards\"\" card (without annual fee) that pays you back for use, and use it regularly to buy groceries, for example. Pay it off promptly each month, using the rewards, if you like, to reduce the amount you have to send in. Or you can use the rewards for other purchases; some merchants offer $25 worth of merchandise for $20 in rewards. It used to be the case that you could negotiate a discount for paying cash rather than use a credit card, but that is a lot harder to do now, in many cases because credit-card company contracts with merchants prohibit this practice. Also, merchants often prefer credit cards rather than cash because money-handling is an issue (pay for an armored car to come pick up the day's receipts, or risk getting mugged on the way to the bank, possible burglaries if you leave the money overnight in the store, daily balancing of cash-register trays, etc.) So, not being in debt and being rich enough to not need to be in debt are laudable goals, and you have my best wishes that you will reach them soon, but getting rid of all your credit cards as a part of not being in debt may be more trouble than it is worth. Keep a couple, pay them off promptly, and if you are concerned about being in debt, you can time your charges so that you are in debt at  most 2 or 3 days each month.\""}
{"_id": "486421", "title": "", "text": "\"I like this explanation the best.  EV is trying to get at the value of the underlying business, excluding the capital structure you currently have on the company.  If your lemonade stand is worth $100, but the business also comes with $50 in cash lying around (and no debt), then the EV is $100.  But the price you'd pay the owner (the \"\"market cap\"\") is $150, because it's like you get an immediate cash rebate.\""}
{"_id": "486440", "title": "", "text": "\"The second part of your question is the easiest to answer, how much manual work is involved in settlement processes? Payment systems which handle low value (i.e. high volume) transactions work on the basis of net settlement. Each of the individual payments are netted across all of the participant banks, so that only one \"\"real\"\" payment is made by each bank. Some days banks will receive money, others they will pay money. This is arbitrary and depends on whether their outbound payments exceed their inbound payments for that day.   The payment system will notify each Bank how much it owes/will receive for the day. The money is then transferred between all of the banks simultaneously by the payment system to remove the risk that some pay and others don't. If you're going to make or receive a very large payment, you're going to want to make certain that its correct. This means that if there's a discrepancy, you need operations people available to find out why its wrong.   When dealing with this many payments, answering that question can be hard. Did we miss a payment? Is there a duplicate? Etc.  The vast majority of payments will process without any human involvement, but to make the process work, you always need human brains there to fix problems that occur. This brings me to your first question. On every day that settlement happens, a bank will receive (or pay) a very large sum of money. As a settlement bank you must settle that money - the guarantee that every bank will pay is one of the main reasons these systems exist. For settlement to happen, every bank has to agree to participate, and be ready to verify the data on their side and deliver the funds from their account. So there is no particular reason that this doesn't happen on weekends and holidays other than history. But for any payment system to change, it would require the support of (at least) a majority of participants to pay staff to manage the settlement process on weekends. This would increase costs for banks, but the benefits would only really be for you and me (if at all). That means it's unlikely to happen unless a government forces the issue.\""}
{"_id": "486443", "title": "", "text": "My answer is with respect to the United States. I have no idea about India's regulatory environment. You are opening yourself up to massive liabilities and problems if you deposit their money in your account. I managed investment accounts as a private investment advisor for years (those with less than 15 clients were not required to register) until Dodd-Frank changed the rules. Thus you would have to register as an advisor, probably needing to take the series 65 exam (or qualifying some other way, e.g. getting your CFP/CFA/etc...). I used a discount broker/dealer (Scottrade) as the custodian. Here's how it works: Each client's account was their own account, and I had a master account that allowed me to bill their accounts and manage them.  They signed paperwork making me the advisor on their account.  I had very little accounting to handle (aside from tracking basis for taxed accounts). If you take custody of the money, you'll have regulatory obligations. There are always lots of stories in the financial advisor trade publications about advisors who go to jail for screwing their clients. The most common factor: they took custody of the assets. I understand why you want a single account - you want to ensure that each client gets the same results, right? Does each client want the same results?  Certainly the tax situation for each is different, yes?  Perhaps one has gains and wants to take losses in one year, and the other doesn't. If their accounts are managed separately, one can take losses while the other realizes gains to offset other losses. Financial advisors offer these kinds of accounts as Separately Managed Accounts (SMAs). The advisors on these kinds of accounts are mutual funds managers, and they try to match a target portfolio, but they can do things like realize gains or losses for clients if their tax situation would prefer it. You certainly can't let them put retirement accounts into your single account unless the IRS has you on their list of acceptable custodians. I suggest that you familiarize yourself thoroughly with the regulatory environment that you want to operate under. Then, after examining the pros and cons, you should decide which route you want to take.  I think the most direct and feasible route is to pass the Series 65, register as an investment advisor, and find a custodian who will let you manage the assets as the advisor on the account. Real estate is another matter, you should talk to an attorney, not some random guy on the internet (even if he has an MBA and a BS in Real Estate, which I do). This is very much a state law thing."}
{"_id": "486445", "title": "", "text": "I dont think we disagree. I believe the notion of control is elusive in this day and age. We have leverage or influence at best. I agree that if the government is asked to invest or subsidize in another organization, it has the right, as should any investor, to expect that its opinions will be heard and its interests will be protected. In that context, if any investor decides that its interests extend to amending management compensation, I think that is reasonable."}
{"_id": "486458", "title": "", "text": "I interned at a wealth management firm that used very active momentum trading, 99% technicals. Strictly ETFs (indexes, currencies, commodities, etc), no individual equities. They'd hold anywhere from 1-4 weeks, then dump it as soon as the chart starts turning over.  As soon as I get enough capital I'm adopting their same exact strategy, it's painfully easy"}
{"_id": "486460", "title": "", "text": "\"The can and the should have been discussed in other answers and comments,  and so I will discuss the how.  As others have noted, it is important to make sure that the additional money goes to reducing principal and not towards  prepayment of interest.  Unfortunately, very few bank tellers understand how mortgages work and very few bank officers - even loan officers - understand how mortgages work too. Thus a statement that you want the extra money to go towards principal will likely be met with a blank look. Furthermore, what they do with the money and how it is entered on the bank books that afternoon when the transactions are recorded may have no resemblance to what was discussed and agreed to earlier in the day.  Based on my personal experiences and  many arguments with banks about how they handled my prepayments and how interest was computed, I would  recommend the following (which is easier now that automated payments are possible for the standard monthly payment and additional payments are possible via electronic funds transfer). Make sure that automated payments are made on the day that the payment is due, not at the end of the ten-day grace period that banks love to grant you for making the monthly payment. Yes, there is no penalty for late payment as long as you pay before the end of the grace period, but interest continues to be charged and so more of each graciously delayed payment goes to interest  and less towards principal. Make the additional payment on the same day as the standard monthly mortgage payment is made. This ensures that at worst just one day's interest is owing when the additional payment is made. Also, payment in the middle of the monthly cycle is an almost sure way of getting ripped off on the interest because the bank's computers will post the payment in the manner most favorable to them, and usually contrary to the terms of your mortgage.  I have  complained to banks about mishandled mid-month payments and won every time, and on many occasions the bank officer would grudgingly say \"\"We have always done it this way and nobody  ever complained till you did today.\"\" I doubt very much if the bank's programs got changed as a result of my complaints. If you are not sure how mortgages work and how interest  is calculated or don't have the time or inclination to go hassle with the bank each time but do prefer not to get ripped off, make the payment as described: on the dot and at the same time as the regularly scheduled monthly payment. The amortization schedule that the bank should have given you shows how much the principal amount is after the monthly  payment is made on each due date.  Assuming that you have  not been taking advantage of the grace periods and so the schedule is correct, make an additional payment not of a round sum but an exact amount (down to the last penny) that will jump you from principal owing after today's regular payment to principal owing after the regular payment N months from today. Here of course you choose N based on how much extra money you were planning on paying towards your mortgage.  By making the extra payment, you will effectively have cut the length of  the mortgage by n months and the same amortization schedule will apply over the shorter period.  Since very little of the principal is repaid in the early life of the mortgage, an additional principal-only payment can reduce the length of the mortgage by years. Paying a specific amount that matches the amortization schedule also helps if you ever need to hassle with the bank. It is their print-out you are arguing from, and not trying to explain to a clueless bank officer how the bank did not compute interest  correctly after you paid $1500.00 extra at beginning of last month.\""}
{"_id": "486485", "title": "", "text": "Normally, yes, you would have to pay. If you are in the US, or a citizen of the US, then IRC Sec. 61 would levy tax on all income. Even if you find money on the ground, that will generally be taxable income (the treasure trove doctrine). If you are paying foreign income taxes, the US may allow credit."}
{"_id": "486496", "title": "", "text": "\"\\*Yawn\\*  This was talked about a LOT back in the Y2K era... so maybe people to young to remember that will not have \"\"heard about it\"\", but everyone else should have.  And the \"\"catastrophic\"\" implications of it (just like the whole Y2K thing) have been ridiculously overblown and exaggerated.  As is the \"\"level of risk\"\" for the \"\"coming decade\"\".  We really don't know anywhere near enough about these kinds of events to make even the most crude of probabilistic predictions regarding their frequency or intensity, much less what the effects would be on modern systems.  IOW, this is just rather pointless and sensationalistic \"\"scare mongering\"\" -- must have been a slow news day (or maybe PBS wants to \"\"distract\"\" people from other news).\""}
{"_id": "486525", "title": "", "text": "The advantage of interest only mortgages is that they can increase your cashflow as you are only paying the interest and not any part of the principle. We have most of our investment loans on interest only for 10 years. When we got the loans about 6 to 7 years ago our LVR was only 60% and the property prices have increased by about 40% in that time. We also place our excess cashflow into offset accounts linked to the investment loans, so there is extra cash available in case things go bad. The disadvantage of interest only mortgages is that you are not paying off any principal for the length of the interest only period. If you are over extended this could cause problems as you need to rely totally on the price of the property going up for your equity to increase. As you are currently paying mortgage insurance leads me to believe your LVR is above 80%, so you would not have much equity available in your home. With an interest only loan this could pose you some problems. You should never try to over extend yourself, the slightest thing that goes wrong could get you into financial troubles. Always try to have some buffer to help you stay on your feet if circumstances do change for the worst."}
{"_id": "486555", "title": "", "text": "Indeed. Two summers ago was the last time I did cheap hotels. I need my amazing showers in the evening/morning when traveling, and the place I stayed at had low pressure and luke warm water at best. The next place had jets in the bathtub and sooooo worth it. Also a better bed and view."}
{"_id": "486557", "title": "", "text": "\"TDAmeritrade, an online stock broker, provides banking services within their brokerage accounts. The service offers all of what you are looking for. HOWEVER, this service is only available for free with their \"\"Apex\"\" qualification.  Here is a tariff of their fees and services.\""}
{"_id": "486574", "title": "", "text": "It all depends on your priorities, but if it were me I'd work to get rid of that debt as your first priority based on a few factors: I might shift towards the house if you think you can save enough to avoid PMI, as the total savings would probably be more in aggregate if you plan on buying a house anyway with less than 20% down. Of course, all this is lower priority than funding your retirement at least up to the tax advantaged and/or employer matched maximums, but it sounds like you have that covered."}
{"_id": "486604", "title": "", "text": "Apart from the reasons currently given (which have to do with personal relations), wouldn't a good reason to take the loan from the bank be to build up a credit history and/or improve your credit score?"}
{"_id": "486614", "title": "", "text": "&gt;The problem is that there is not ENOUGH demand to employ a sufficient percentage of the workforce.  The other problem is that we have a system in which large portions of the population fall into destitution or poverty if we don't maintain very-full (just a reminder, but the labor market has absorbed, in the past few decades, large demographics who once simply didn't work, most especially women and many elderly people) employment."}
{"_id": "486616", "title": "", "text": "First of all you inbred nit wit . . . Semitics are a group of languages, which includes Arabic, and the Arabs by far outnumber you, so I can't be anti-Semitic.  How the Jews have seemed to take the Phrase Semitic and coin Anti-Semitic to mean a Hatred of Jews seems to me classic Jewish misdirection. You may rest assured I hate no language.  Now If you wish to speak about why I think the Jews have been a plague on Mankind through the centuries and always the root cause of strife and conflict, I have many valid arguments to their display of despicable behavior, starting with Palestine and the Apartheid regime, the world looks away from in shame.  Right here in America, we have the Jewish control of the Federal Reserve and the Treasury and Banking system, which continuously put us through the Boom and bust cycle, we have Jews infesting the white house and driving Policies that are anti-America and pro Israel and the we can argue the subject for as long as you like.  My point here was that the American people have become so blind and docile, that America can be taken to war in Iraq because Israeli intelligence decided that they had WMD and it was a threat to Israel, Syria is also a Threat to Israel and Iran is also a threat to Israel, and so is Afghanistan and of course Pakistan and Saudi Arabia.  From the Looks of it Israel and the Jews seem to think a Majority of the Semitic world is out to destroy them, so it would seem actually the pitiful few Jews left over after the Holocaust are actually the Anti-Semites.  And most surprising is the fact that the pitiful few Jews actually grew in population during the course of WWII, which would actually quite possibly, with that rate of breeding, make them Rabbits. Thus I would have to plead guilty of being anti-rabbits and thank the lord that Rabbits have lots of natural predators or Jews would grow as big as Kangaroos, but fortunately the British had the foresight to not make Israel in Australia, because while they took a pair of rabbits there in the 1700 hundreds, look at their population now.  We would have a serious Jew population explosion on our hands and since they would then be a majority of the Semitic languages, would be forced to neuter the Rabbit population in Australia using biological agents and the few potent ones left we could eat in what could later be called the Big Roast on the Barbie in the biggest act of Antisemitism that never happened.  I am afraid, at this point I would like to take the phrase Antisemitism back from you and suggest you use a phrase closer to what you are trying to say . .try AntiJew, AntiZionest, Jew hater  As for me, I absolutely hate fucking rabbits."}
{"_id": "486617", "title": "", "text": "There's the fear that one might forget the debit is coming and still bounce the payment.  Personally, I agree with Dheer's list, I don't want to give someone unlimited access to my account. I make good use of electronic payments where I initiate the payment.  For the credit card I use regularly, I have a $250 monthly payment set to go automatically. If I forget to make a payment or lose the bill, at least the minimum is covered. The monthly charges are enough that when I actually pay the bill in full upon receipt, it just goes in toward current charges.  Bills like gas/electric/phone are different every month, so an auto-debit is actually more trouble than how I handle."}
{"_id": "486626", "title": "", "text": "&gt;What, specifically, do you believe it is about the MBA experience (2 semesters of core business skills, and 2 semesters of electives, all taken on top of a bachelors degree) that causes the problem?  Business degrees are incredibly over-rated, I'm speaking as a business owner with quite a few employees here. I speak to a lot of business owners, some with degrees, some without, and most of them say the same - business cannot be taught in a classroom.   The theory side to business is obviously helpful but in no way ensures you will become successful, and they really shouldn't be held with such high regard. In my own company I tend to try and avoid hiring people with business degrees, they tend to be incredibly arrogant (in my experience) and believe they deserve to be treated on the same level as entrepreneurs just because they have a degree."}
{"_id": "486630", "title": "", "text": "\"I don't think the article is accurate. From https://studentaid.ed.gov/repay-loans/default#consequences Your student loan debt will increase because of the late fees,   additional interest, court costs, collection fees, attorney\u2019s fees,   and any other costs associated with the collection process. Most stories of collection agencies having a debt start with \"\"I owed $2000\"\" and the collection agency says \"\"It's now $4000\"\" due to interest, late fees, collection fees, etc.\""}
{"_id": "486631", "title": "", "text": "I'd probably off myself if I had to drive a Camry or Corolla though. Unreliable as they may be, I'd much rather drive a Challenger or a charger. At least they have character. Camrys are appliances. Bulletproof and a great value, yes, but soulless as well."}
{"_id": "486643", "title": "", "text": "Dummy example to explain this. Suppose your portfolio contained just two securities; a thirty year US government bond and a Tesla stock. Both of those position are currently valued at $1mm. The Tesla position however is very volatile with its daily volatility being about 5% (based on the standard deviation of its daily return) whole there bond's daily volatility is 1%. Then the Tesla position is 5/6 of your risk while being only 1/2 of the portfolio.   Now if in month the Tesla stock tanks to half is values then. Then it's risk is half as much as before and so it's total contribution to risk has gone down."}
{"_id": "486662", "title": "", "text": "yeah and yelp has the right to automatically filter reviews from unknown users.  i didn't necessarily mean 'game' in a negative way, just that the site didn't work the way she naively assumed it would.  stupid shit like this is why 'social media consultant' is an actual job these days"}
{"_id": "486669", "title": "", "text": "In Scotland, each bank issues its own separate notes. It's not uncommon to see identical-valued \u00a310 notes, for example, from three different banks in one's wallet."}
{"_id": "486675", "title": "", "text": "The article you link scares me; but I still have faith that the FDIC will keep me protected.  Personally, if the FDIC goes broke, there is something more fundamentally wrong with the government as a whole and dollars won't worry me much. There are lots of issues with the FDIC, and I think the answers lie outside of simply printing more money and funding the FDIC further.  There is likely more bad before this storm is over, and I might be ignorant, but I still want to operate normally. My money would stay where it is with things being how I see them in today"}
{"_id": "486681", "title": "", "text": "One way is to wire transfer large amounts. If you transfer $5,000 at one go, that $50 fee works out to 1%, same as the $5 on a $500 ATM withdrawal (and ATM fees, hidden and explicit, tend to be higher than $5).  The downside is exchange rate risk (taking more money at one go exposes you to that day's rate, good or bad, vs taking it in multiple chunks). If you're American, you also have to report large transfers and foreign balances on your taxes. Shopping around for a good home bank (with low wire & foreign ATM fees), is quite important."}
{"_id": "486689", "title": "", "text": "Stimulus diverts money artificially without actual demand for the sector where it goes, delaying the natural recession that comes when demand tapers off. People spend money when they are better off buying an item. Economics is organic, people trade to improve their lives. Artificially lowering the cost of some services and items (or lowering interest rates) by increasing the deficit only delays the natural decline of demand for whatever services receive stimulus. It was exactly this that caused the Great Depression, when the money supply was expanded (stimulus) by 2/3, then contracted. The 20s boom was created BY the government, artificially creating the appearance of demand, incentivizing overproduction... then when the real demand doesn't materialize, a depression follows."}
{"_id": "486691", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Cavierace! \u041f\u0440\u043e\u0432\u0435\u0440\u044f\u044e \u0432\u044b\u0432\u043e\u0434 \u0434\u0435\u043d\u0435\u0433!\u0425\u0430\u0439\u043f,\u043a\u043e\u0442\u043e\u0440\u044b\u0439 \u043f\u043b\u0430\u0442\u0438\u0442 1 % \u0432 \u0441\u0443\u0442\u043a\u0438 \u043e\u0442 \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u0439! \u0417\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0439 \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435 Description | \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0435: | Cavierace: https://goo.gl/nKCrPV =========================================== \u00a6 \u0411\u0438\u043d\u0430\u0440\u043d\u044b\u0435 \u043e\u043f\u0446\u0438\u043e\u043d\u044b \u041e\u043b\u0438\u043c\u043f \u0422\u0440\u0435\u0439\u0434 https://goo.gl/DKryBH ====== \u0412\u0441\u0442\u0443\u043f\u0430\u0439\u0442\u0435 \u0432 \u041c\u043e\u044e \u043a\u043e\u043c\u0430\u043d\u0434\u0443! =============== \u00a6? \u041c\u043e\u044f \u0433\u0440\u0443\u043f\u043f\u0430 https://vk.com/criptovaluta2016 ====== \u041a\u0430\u043a \u0441\u0432\u044f\u0437\u0430\u0442\u044c\u0441\u044f \u0441\u043e \u043c\u043d\u043e\u0439 =============== \u00a6? \u042f \u0432 VK \u21161: https://vk.com/a.alex81 \u00a6? \u042f \u0432 \u041e\u0434\u043d\u043e\u043a\u043b\u0430\u0441\u0441\u043d\u0438\u043a\u0430\u0445: https://ok.ru/alex6373 \u00a6? \u042f \u0432 Facebook: https://www.facebook.com/Alex6373 \u00a6? \u041c\u043e\u0439 Skype: samara77221 ( \u0434\u043e\u0431\u0430\u0432\u043b\u044f\u0439\u0442\u0435\u0441\u044c \u0441 \u043f\u043e\u043c\u0435\u0442\u043a\u043e\u0439 \u043e\u0442 \u043a\u0430\u043d\u0430... Length | 0:02:12           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "486692", "title": "", "text": "Not all limit orders add liquidity, but all market orders remove liquidity presuming there is liquidity to remove. A liquidity providing order is one that is posted to the limit book. If an order, even a limit order, is filled before being posted to the limit book, it removes liquidity. Liquidity is measured by a balance and abundance of quantities posted on the limit book and the best spread between the lowest ask and the highest bid."}
{"_id": "486693", "title": "", "text": "Releasing the patents also signals to competition/general public that they're so far ahead in this tech that they can afford to do this. It doesn't necessarily mean future patents will be released.   I didn't answer the question but I hope this gives a point of view on the subject"}
{"_id": "486696", "title": "", "text": "\"Hmm, this site says If you use Quicken, you enter a new transaction of type \"\"Corporate Acquisition (stock for stock).\"\" You put investor shares as the \"\"Company acquired\"\", Admiral shares as the \"\"Acquiring company\"\", and the conversion ratio 0.7997754 as the \"\"New shares issued per held share\"\" number. Seems crazy, but maybe that's the way. Edit: This sucks. In the comments, you can see that people have to manually correct the share price for every transaction because of rounding problems.\""}
{"_id": "486702", "title": "", "text": "James Hamilton, 1st Lord Hamilton  6th Lord of Cadzow (c. 1415 \u2013 6 November 1479) was a Scottish nobleman, scholar and politician.   James Hamilton, 1st Lord Hamilton  Early life  James Hamilton was the son of James Hamilton of Cadzow, 5th Laird of Cadzow. He was born at Cadzow Castle, South Lanarkshire. He first appears on record on a charter of 1426, granting him the rights to the lands of Dalserf, which had been alienated by his father.  Douglas connection  Hamilton was intimately connected with the powerful House of Douglas: his mother was a daughter of the Douglas Lord of Dalkeith, and also through his marriage in 1439/1440 with Lady Euphemia Graham, the youthful widow of Archibald Douglas, 5th Earl of Douglas and daughter of Euphemia Stewart, Countess of Strathearn. Hamilton became stepfather to the young 6th Earl of Douglas, his brother David, both who would be murdered in November 1440 at the \u2018Black Dinner\u2019 at Edinburgh Castle in the presence of James II. Furthermore he was the stepfather of Margaret Douglas, known as the \u201cFair Maid of Galloway\u201d, who was to marry her cousins William Douglas, 8th Earl of Douglas, and James Douglas, 9th Earl of Douglas.  Laird o\u2019 Cadzow to Lord Hamilton  Prior to 1440 he achieved the status of Knighthood, and circa. 1440/1441 he inherited his father\u2019s estates. In 1445, Hamilton received a charter creating him a Lord of Parliament. This charter raised all his estates into the entail of that rank, with itsCapital Messuage at the Orchard, (later Hamilton Palace), at Cadzow. Furthermore the charter stated that henceforth the lands would be known as Hamilton as they are today.  Hamilton accompanied his stepson in law, the 8th Earl of Douglas, to Rome in 1450, and there obtained permission from the Holy See to convert the Parish Church at the new burgh of Hamilton into a Collegiate Establishment, with endowments for a Provostand six Canons.  Royal displeasure  Hamilton is thought to have accompanied the Earl of Douglas to his fatal meeting with James II at Stirling Castle in 1452. He was certainly with the 9th Earl of Douglas, a month after the murder and following the King\u2019s ravaging of Douglasdale and Hamilton\u2019s lands in Clydesdale. A concord was reached between the King and the Douglas faction at Douglas Castle, in August 1452 that was to last until 1455. In 1453, Hamilton was in England, again with the 9th Earl of Douglas, arranging the release of his brother in law, Malise Graham, Earl of Strathearn. For this action Strathearn granted Hamilton the lands of Elliestoun in Linlithgowshire. Hamilton was again in London the following year, but was back in Scotland by February 1455.  Siege of Abercorn and fall of the Black Douglas  In March 1455, King James took to the field against Douglas, sacking his properties and burning his crops. Hamilton\u2019s lands, he being a partisan of the Douglases, were also particularly devastated. James turned his attention to the mighty Douglas stronghold of Abercorn Castle, and set about besieging it. Douglas mustered his men from Douglasdale, Galloway and the Forest; Hamilton, his levies from Clydesdale. The troops marched to raise the siege, but the Earl of Douglas\u2019 indecision on a plan of attack is said to have perplexed Hamilton, and cause him to withdraw his support for the Douglas cause. Hamilton changed sides and became a partisan of the Royal party. There is evidence to suggest that Hamilton\u2019s uncle, James Livingstone, 1st Lord Livingston had a part in this change of heart. Douglas fled to England, his Castle of Abercorn was slighted, two of his brothers died at and following the Battle of Arkinholm; finally Douglas\u2019 great fortalice of Threave Castle fell and Douglas was attainted, all his enormous patrimony forfeit.  Return to Favour  Following the collapse of the Douglas rebellion, Hamilton was warded at Roslin Castle, in Midlothian for a short while. As recompense for his Volte-Face, Hamilton was created Sheriff of Lanark, in July 1455, and certain of the Earl of Douglas\u2019 forfeited lands were made over to him. These, and his existing lands, being confirmed in Royal charters of October that year. The Barony of Hamilton was increased to include the lands of Drumsergard, Cessford, Kinneil etc., and carefully entailed to whosoever might bear the name and Chief arms of Hamilton. Hamilton was made Bailie of the Priory of Lesmahagow, a Douglas foundation, and was granted the privilege of the lands of Finnart. Hamilton\u2019s new patron was the new Lord of Douglas, George Douglas, 4th Earl of Angus, the head of the \u201cRed line\u201d of the House of Douglas, and a supporter of the King.  Marriage and issue  Hamilton married first, Lady Euphemia Graham, daughter of Patrick Graham, de jure Earl of Strathearn and Euphemia Stewart, Countess of Strathearn and widow of Archibald Douglas, 5th Earl of Douglas. They had a daughter:  Elizabeth Hamilton (c. 1442 \u2013 c. 1517), who married David Lindsay, 1st Duke of Montrose He married secondly, Princess Mary Stewart of Scotland, daughter of James II of Scotland, and widow of Thomas Boyd, Earl of Arran. By Princess Mary, Hamilton had three children:  Elizabeth Stewart \u2013 married Matthew Stewart, 2nd Earl of Lennox. Her descendants included James I of England &amp; VI of Scotland. James Hamilton, 1st Earl of Arran Illegitimate children included Sir Patrick Hamilton of Kincavil, father of Master Patrick Hamilton, burnt for heresy in 1528 and a Protestant martyr. Lord Hamilton also had a daughter who married Sir John MacFarlane, 11th chief of Clan MacFarlane"}
{"_id": "486707", "title": "", "text": "Banks buy up, because they get free money at 0.1% interest or so. It does not mean that anybody will afford the houses at those prices in the future. The price will not go up to infinity, unless there is a major inflation round, in which case you will have to wait a decade to sell the house at nominal price after the central bankers let you to do so.   But then again. it is better to own a house in that case, than not having one."}
{"_id": "486713", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/economics] [Everex Bringing 2 Billion People to the world economy](https://np.reddit.com/r/Economics/comments/6pmcq0/everex_bringing_2_billion_people_to_the_world/)  - [/r/economy] [Everex Bringing 2 Billion People to the world economy](https://np.reddit.com/r/economy/comments/6pmuaf/everex_bringing_2_billion_people_to_the_world/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "486729", "title": "", "text": "Someone else might be able to provide more details - but generally yes, of course.  International corporations can pursue debt collection across borders - whether or not they do is a matter of convenience rather than law.  My understanding is that a company's ability to report on your credit report is dependent on their membership in Equifax, USA etc. - so while most of your credit is country by country, international companies or companies with any relationship in other countries can follow you cross-border if they find out your new address and report the debt w/ that address.  Since virtually every major company has some American affiliate, I wouldn't hold my breath that you can escape it indefinitely ESPECIALLY since you don't already have the debt, and have the power to actually pay for the service that you're using.  Also - this is an incredibly scummy thing to do, and no matter how you dress it up as a financial decision it's just theft. Would you leave the country without paying your landlord? Without paying for groceries or other physical goods? Why is stealing from a telecom company any different?"}
{"_id": "486744", "title": "", "text": "This is a scam. Do you know why Bank of America is doing a refund? Did you own any accounts? Why is India involved in this? If Bank of America in US wants to transfer money to you in US, India is not involved at all. Stop all communications with the scammer and don't transfer any money."}
{"_id": "486751", "title": "", "text": "\"@Alex B already answered the first question. I want to respond to the second and third: I have heard the term \"\"The equity on your home is like a bank\"\". What does that mean? I suppose I could borrow using the equity in my home as collateral? Yes, you can borrow against the equity in your home. What you should keep in mind is that you can only borrow against the amount that you've paid on your house. For example, if you've paid $100,000 against your house, you can then borrow $100,000 (assuming the value hasn't changed). The argument that this is a good deal misses the obvious alternative: If you didn't spend that $100,000 on a house, then you'd still have it and wouldn't need to take out a loan at all. Of course, equity still has value, and you should consider it when doing the cost/benefit analysis, but make sure to compare your equity to savings you could have from renting. Are there any other general benefits that would drive me from paying $800 in rent, to owning a house? Economically: As you'll notice from my parenthetical remarks, this is extremely situational. It might be good to come up with a spreadsheet for your situation, taking all of the costs into account, and see if you end up better or worse. Also, there's nothing wrong with buying a house for non-economic reasons if that's what you want. Just make sure you're aware of the real cost before you do it.\""}
{"_id": "486768", "title": "", "text": "You are correct, a possible Dead Cat Bounce is forming on the stock markets. If it does form it will mean that prices have not reached their bottom, as this pattern is a bearish continuation pattern. For a Dead Cat Bounce to form prices will need to break through support formed by the lows last week. If prices bounce off the support and go back up it could become a double bottom pattern, which is a reversal pattern. The double bottom would be confirmed if prices break above the recent high a couple of days ago. Regarding the psychology of the dead cat bounce pattern, is that after a distinct and quick reversal of prices from recent highs you have 2 groups of market participants who create demand in the market. Firstly you have those who were short covering their short positions to take profits, and secondly you have those who are looking for a bargain buying at what they think is the low. So for a few days you have the bulls taking over the bears.  Then as more less positive news comes in, the bears hit the market again. These are more participants opening short positions, but more so those who missed out in selling previously because prices fell too quickly, seeing another opportunity to sell at a better price. So the bears take over again.  Unless there is very good news around the corner it is likely that the bears will stay in control and prices will fall further. How to trade a dead cat bounce (assuming you have been stopped out of your long possistions already)? If you are aggressive you can go short as prices start reversing from the top of the bounce (with your stop loss just above the top of the bounce). If you are more conservative you would place your entry for a short position just below the support at the start of the bounce (with your stop above the top of the bounce). You could also place an order for a long position above the top of the bounce if a double bottom eventuated. A One Cancels the Other (OCO) would be an appropriate order for such a situation."}
{"_id": "486772", "title": "", "text": "Sorry, you're wrong. Last year, they posted just the base options pricing that everyone knew about, and a few videos were posted of people taking test drives in the prototype Model 3's. A few design changes were made between the prototypes last year and the production models unveiled last night. Further, no professional photos were posted of the interior, nor details on range and interior options.   Source: I'm a Tesla owner and Model 3 reservation holder."}
{"_id": "486773", "title": "", "text": "I say it's overpriced because they are in essentially a monopoly position for some shows (which the article said) and thus can charge more than I would pay were there alternatives.   I agree there are hurdles to cross in getting new shows out, but really don't care about the entertainment industry's struggles. They provide a luxury service, not an essential one. I suspect that new shows will build an online/word-of-mouth following and be able to make the leap to a wider audience should the demand be there.   For the record, I have internet and also a Boxee (poorly designed; do not buy), but things like NHL hockey games are either on paid channels - which many people will simply not subscribe to at current prices. Centre Ice, for example, is I believe ~$200 per year. If the NHL loses ad-supported channels, profits in their industry are going to plummet."}
{"_id": "486775", "title": "", "text": "I'm torn. On the one hand, it will be nice to see kids wearing stuff that doesn't make them look like walking advertisements. On the other hand, the much smaller apparel company I work for has been avoiding placing it's logo prominently on it's clothing since it's inception (I think it's a fantastic logo too). I don't want the added competition."}
{"_id": "486791", "title": "", "text": "Usually, it's not a good idea as it will not only raise your debt to income ratios,  but also impact your credit scores. However, if you have extensive credit history, having owned a home or two for a while (read: 10-20 years), taken out multiple auto loans in the past and paid them satisfactory, your credit score may not take a big hit. Possibly ust 5-10 points or it can be 30-40 points. It really depends on the depth of your credit profile."}
{"_id": "486795", "title": "", "text": "\"&gt; The true problem here is that, just like the music industry, the TV industry has its head in the sand. \"\"LA-LA-LA-LA\"\" with its hands over its eyes.  I don't think that's fair. It's hard to find a show on a non-premium channel that's not available for watching free online and/or for digital download on iTunes or elsewhere. And this has been true for years at this point.\""}
{"_id": "486802", "title": "", "text": "B\u1ea5t c\u1ee9 khi n\u00e0o b\u1ea1n mu\u1ed1n c\u1ea3i thi\u1ec7n \u0111i\u1ec1u ki\u1ec7n nh\u00e0 v\u1edbi v\u1eadt li\u1ec7u ch\u1ea5t l\u01b0\u1ee3ng cao c\u1ee7a th\u1ea1ch cao ho\u1eb7c trang tr\u00ed tr\u1ea7n nh\u00e0. N\u1ebfu b\u1ea1n c\u00f3 c\u1ea3m gi\u00e1c r\u1eb1ng ng\u00f4i nh\u00e0 c\u1ee7a b\u1ea1n c\u00f3 v\u1ebb c\u0169, ch\u00fang t\u00f4i c\u00f3 th\u1ec3 t\u00e2n trang thi cong tran thach cao l\u1ea1i cho b\u1ea1n v\u00e0 tri\u1ec3n khai c\u00e1c lo\u1ea1i r\u00e8m, s\u01a1n v\u00e0 tr\u1ea7n. Ch\u00fang t\u00f4i th\u01b0\u1eddng quy\u1ebft \u0111\u1ecbnh cung c\u1ea5p cho kh\u00e1ch h\u00e0ng nh\u1eefng c\u00e2u tr\u1ea3 l\u1eddi th\u00e2n thi\u1ec7n v\u00e0 gi\u00e1 r\u1ebb nh\u1ea5t m\u00e0 c\u00f3 th\u1ec3 thay \u0111\u1ed5i s\u1ef1 xu\u1ea5t hi\u1ec7n c\u1ee7a ng\u00f4i nh\u00e0 ho\u1eb7c v\u0103n ph\u00f2ng c\u1ee7a b\u1ea1n cho s\u1ef1 d\u1ec5 ch\u1ecbu. Tr\u1ea7n gi\u1ea3 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c l\u00e0m t\u1eeb c\u00e1c ch\u1ea5t kh\u00e1c nhau bao g\u1ed3m Th\u1ea1ch cao, Kho\u00e1ng ch\u1ea5t Kho\u00e1ng s\u1ea3n v\u00e0 Kim lo\u1ea1i."}
{"_id": "486818", "title": "", "text": "I work for an electronics distribution company as part of their Accounting team and I hate it. I love doing month-end/year-end stuff because it actually engages my mind, but I hate doing A/P and A/R data entry stuff for a good majority of the year. At this point, I feel like switching career paths to something more engaging or another career in the accounting field."}
{"_id": "486826", "title": "", "text": "What You Need To Know Before Having A Dental Implant Dr. Aisha Ahmed and her team Explains: Dental Implants are the best and most innovative treatment dentistry has to offer. If you are missing one tooth or several teeth and want replacements that look, function and feel like natural teeth Dental Implants are your answer."}
{"_id": "486828", "title": "", "text": "Take $100,000 base salary, x 1.5 = $150,000 contractor salary, divide by 1,872 hours = $80/hr"}
{"_id": "486875", "title": "", "text": "Because like many brick and mortar stores BB decided to try and compete with Amazon on price when the entire time they had something that Amazon could not claim. A local neighborhood presence.   Instead they focused on bottom line, cut training, and pissed off the community by abusing employees and being rude and useless to anyone walking in the door.  CircuitCity and CompUsa suffered the same fate. Compete with what makes you unique. Competing using what makes someone else unique will drive you into the ground."}
{"_id": "486892", "title": "", "text": "\"Microsoft still supports XP with security updates for large enterprise companies that are willing to pony up a few million for the support contracts because it's cheaper than upgrading existing infrastructure.  I know at least 2 of the banks I've worked with are currently paying for extended XP support (although ironically, my understanding is that they're paying for desktop support so they have more time to migrate business critical legacy apps, rather than anything related to deployed ATM infrastructure)  Most ATMs aren't \"\"online\"\" in any form that most people would associate with the internet.    AFAIK most of the hacks against ATMs that don't require physical access are for stand-alone or retail based machines (Think of the unbranded ATMs you see in gas stations or stores that only take cash).  Although if anyone happens to have details on a Major bank ATM exploit, I'd love to see the details.\""}
{"_id": "486899", "title": "", "text": "\"Are you saying that someone putting on Amway Demos in people's living room is making the same as grocery store owner or a real estate investor? People aren't making that much and after a while consumers don't want you to \"\"teach them about their shopping habits.\"\"  I mean at first you're like sure come down and do your demo but after everyone knows about your product, its not as easy.  And when you don't make money on the products but on getting people to sell under you, you know its bad.\""}
{"_id": "486912", "title": "", "text": "&gt;Title is click bait and false. This is only for their own products. Amazon is not the only player in the world not even close. The shear amount of packages Fed ex alone ships is insane not to mention their network.  I think what /u/Delkomatic may have meant was anything Amazon is shipping, regardless of who the actual seller is. If Amazon starts shipping all of its listed products using its own shipping company, that's probably a big boost to their bottom line through vertical integration. And, Amazon is uniquely positioned to mandate that all items listed be shipped by Amazon shipping.   It remains to be seen whether they'll actually ship anyone else's products and, if they don't, they aren't really competing with UPS and FedEx."}
{"_id": "486926", "title": "", "text": "&gt;What may have been a clever idea in its infancy has grown into a blob which is destructive to the growth-creating and consensus-building prospects of free market capitalism  I wonder how many IPOs this guy has underwritten. I wonder how often he shorts right before earnings to try to make a quick buck.  Hedge funds are all speculation. This guy is completely full of shit. He acts like he is doing some holy duty of balancing the market but all he fucking does is move money around when it's convenient in hopes for rapid returns."}
{"_id": "486933", "title": "", "text": "It\u2019s like you don\u2019t listen to what I say, and instead listen to a narrative in your head that you are thinkzing I\u2019m saying.  If you look back, what, two posts from me ago, I specifically say I don\u2019t want either of those options.  Take back control?  How is giving control to the market taking my back control?  There is no control there at all!  If I say, \u201cOkay kids, your parents are corrupt.  You can policevyourself now.\u201d that isn\u2019t taking back control!  That\u2019s giving up all pretense of control!  If Obama and Bush picked and chose their rules, then we have a bigger problem, because that means we have an anarchist nation.  But Trump is following the same abuses of power!  WTF are we doing in Niger?  Why are we attacking Iran? Why isn\u2019t Trump pushing for more accountability, and instead wants more Market Freedom?  This is hipocracy!"}
{"_id": "486936", "title": "", "text": "\"Some are riskier than others. This one in particular is usually filthy and they hire mostly immigrants, who are hard working, but work sick.  It's called the \"\"bad one\"\" when differentiating Chipotles.  People who live in Sterling actually bypass this one and drive a few more miles up the road to another one.    https://www.yelp.com/biz/chipotle-mexican-grill-sterling\""}
{"_id": "486947", "title": "", "text": "I disagree with you. Yes, employees should be helpful and eager to serve.  Customers should not come in rude or disrespectful, or try to bully low-level associates to try to get their way. This is a reminder to the customer to not be an ass. The customer is always right, but not really, and employees should have the right to refuse service if they are feeling harassed and threatened."}
{"_id": "486964", "title": "", "text": "You need to understand the business and the books as an owner do it for your parents also the manager could be the issue but it could a lot of things I\u2019d like to see the quarterlies for the last 3 Years and a few other things like monthly statements payrolls some accounts etc... to do the math. it could be a partner? The only way to know this is to follow the paper trail."}
{"_id": "486965", "title": "", "text": "This sort of involves personal finance, and sort of not. But it's an interesting question, so let's call it on topic? Short answer: yes. Long answer: it depends who's asking. If you're trying to qualify for in-state tuition, for example, you need to have been in state for a certain amount of time. For tax purposes, the first year you move to a new state you need to file part-time resident returns in your previous and current state of residency"}
{"_id": "486967", "title": "", "text": "\"I've been hanging on to this iPhone 5S now for 3.5 years (including replacing the screen and battery on my own).  I'm holding out for a real game changer...and I hope the iPhone 8 is it.  PS I understand that \"\"game changer\"\" is relative, but Apple fanboys will know what I'm talking about here.\""}
{"_id": "486974", "title": "", "text": "Generally speaking, each year, mutual funds distribute to their shareholders the dividends that are earned by the stocks that they hold and also the net capital gains that they make when they sell stocks that they hold. If they did not do so, the money would be income to the fund and the fund would have to pay taxes on the amount not distributed.  (On the other hand, net capital losses are held by the fund and carried forward  to later years to offset future capital gains).  You pay taxes on the amounts of the distributions declared by the fund. Whether the fund sold a particular stock for a loss or a gain (and if so, how much) is not the issue; what the fund declares as its distribution is. This is why it is not a good idea to buy a mutual fund just before it makes a distribution; your share price drops by the per-share amount of the distribution, and you have to pay taxes on the distribution."}
{"_id": "486979", "title": "", "text": "The check clears when the receiving bank successfully pulled the money from the issuing account. However, the receiving bank may hold the money for an additional time before giving it to you. Sometimes this is done for good reasons (to prevent Check kiting) and sometimes this is about the bank having the money interest free for a bit, or just their own processing convenience."}
{"_id": "486994", "title": "", "text": "September and October every year are the months of events in Vietnam. There are at least 10 big business events each month including Trade Fair, Expo, and Conference.  TRADE FAIR &amp; EXPO* is a service package designed for companies who come to Vietnam to attend Fair and Expo to promote their products as well as look for customers. These are the services we offer our customers: 1. Event Registration and Booth Setup 2. Sales Supporters and Interpreters 3. Post-event Report and Contact Lists. * Entry Visa, Hotel Booking, and Car Rental are included  For more information, please feel free to contact us at:  \u2022\u00a0Hotline: +84933665346  \u2022 Email: vnbusinesstrip@gmail.com  \u2022 Telephone: +84 839 453 999 \u2022 Website: www.vietnambusinesstrip.com"}
{"_id": "487010", "title": "", "text": "Don't be afraid to shop around. Every couple of years when it's time to renew my auto insurance I call a couple of places to see if I can get a better deal. It's especially important to do this as you get older (because your rates go down assuming you keep a clean driving record). Also as your life changes, e.g. if you get married, move, buy a home, get a new car, etc. At 30 my rates dropped a lot. When I bought a home, I qualified for a discount by combining my home and auto insurance through the same carrier. My suggestion would be to call 3 insurance companies for quotes, all on the same day. You'll need to be able to identify the car you'll be insuring for the most accurate quote. Do you belong to any organizations that offer insurance discounts? (E.g. my college alumni association had a program with one of the larger carriers that had the best rates on auto+home that I could find.)"}
{"_id": "487015", "title": "", "text": "...which is funny because the Fed established a direct line to Beijing to allow them to buy and sell treasuries without any of that pesky governmental interference (remember, the Fed is a privately held corporation).  This is all just window dressing for mass consumption.  China has been drawing down their treasuries for quite some time now.   HOWEVER.... given how poor the 99% of America is, I doubt that the US would survive getting its direct access to China's plastic teat cut off cold turkey."}
{"_id": "487016", "title": "", "text": "Keep up on routine maintenance. That's the best way to prolong the life of your car, and it'll save you money in the long run because you won't have to replace your car as often. Accelerate gently. The harder you push the gas pedal, the more gas you use. Coast to a stop rather than using your brakes. If you can avoid stopping by slowing down well before a red light so that by the time you actually get to the light it is green again, do so. Avoid high-speed driving. At highway speeds, wind resistance plays a big part in how much gas your car uses. If you can plan your trips to take slower routes, do so. Don't be the guy driving 55 in the left lane on the highway, though. Avoid stop-and-go traffic. Keeping to a constant speed is the most efficient. Plan your trips to avoid areas with lots of traffic, lots of curb-cuts and intersections, etc. Leave lots of space in front of you so you have time to anticipate other drivers intentions and slow down rather than having to slam on your brakes at the last second. Avoid short trips. Cars work best when they can get all the way up to operating temperature, and stay there for a while. If you're just going two miles, ride your bike. Live close to work and a grocery store, so you can walk or ride your bike rather than driving. Use your car for road trips and your quarterly trips to CostCo to restock the larder. If you can get away with not owning a car, sell it. Ride your bike, use public transit, or walk. If you can share a car with a significant other and only one of you has a long car commute, there's no sense in you both owning a car."}
{"_id": "487023", "title": "", "text": "Well... First off, good luck getting many rational, cogent responses to a hypothetical economics question this sensitive. Lol.   So in the interest of a *purely academic* exercise and expressly not any form of recommendation (!!!) or road map for application (!!!), let's dig in:  You would need to clarify a few things in order to assess the economic impact of adding slaves to your society.  1) Is the supply of slaves limited?  2) is the ownership of slaves limited to a small sector of society or available at large to a wide portion of society.  3) Do your slaves represent a net increase to population? Or are you enslaving some percentage of your population?  4) Does the nature of work that slaves are capable of, compete directly with, or effect the employment levels of your population?  5) is the level of (and relative cost of) automation, robotics and artificial intelligence in your society advanced to the point where slaves would even be beneficial?  6) Does your society have the means of enforcement, security and subjugation (technological or otherwise) to control a population of slaves over the long term.  7) Are other countries (namely your trading partners) also introducing slaves?  8) What are the costs of acquiring, housing, feeding and maintaining slaves? (They are not zero-cost)  Its not possible to answer the question without those answers, but note that the addition of slaves is most likely deflationary in economic terms, as you are increasing productive capacity at (an assumed) lower cost. At the same time you are most likely displacing some percentage of conventional paid workers, thereby increasing unemployment. (Which, if the Phillips curve still applies, edges us towards lower inflation or deflation)."}
{"_id": "487036", "title": "", "text": "The problem is that once there's no competition, the quality of product will generally go down and/or prices will be raised.  What are you gonna do, go somewhere else?  No small business can match the prices of a place that ~~can~~* buys product in bulk.  Competition is necessary for the free market to not be predatory.  Monopolies pretty much always work out to the detriment of the consumer."}
{"_id": "487040", "title": "", "text": "Depends on price range I suppose.  For belts, there are a variety of online sellers who do well priced calf belts. These will last a very long time. Let me know if you want to chat further."}
{"_id": "487052", "title": "", "text": "Any investment company or online brokerage makes investing in their products easy. The hard part is choosing which fund(s) will earn you 12% and up."}
{"_id": "487057", "title": "", "text": "Then, is it possible to deposit rubles at the same ATM to get USD in my account at the same rate? No this is not possible. Generally deposits into accounts outside country and not offered."}
{"_id": "487067", "title": "", "text": "The original poster indicates that he lives in the UK, but there are likely strong similarities with the US banking system that I am more familiar with: The result is that you are likely going to be unable to be approved for 10 checking accounts opened in rapid succession, at least in the US. Finally, in the US, there is no need to have checking accounts with a bank in order to open a credit card with them (although sometimes it can help if you have a low credit score)."}
{"_id": "487074", "title": "", "text": "Ya, that's a lot of data - especially considering your relative lack of experience and the likely fact that you have no idea what to do with what you're given.  How do you even know you need minute or tick-based bid-ask data?    You can get a lot more than OHLC/V/Split/Dividend.  You can get:  * Book Value; * Dividend information (Amount, yield, ex date, pay date); * EBITDA; * EPS (current AND estimates); * Price/sales ratio; * Price/book value; * Price/earnings ratio; * PEG ratio; * Short ratio; * Market cap.  Among other things, all for free."}
{"_id": "487079", "title": "", "text": "\"No sweat.   The \"\"next big thing\"\" I'm trying to promote is the crazy idea that the people who own the means of production (aka ability to design, write, code) should recognize that they themselves are a factory, and make and sell their own products.   You know\u2026 business.  And to stop letting themselves be taken advantage of by con men offering \"\"free\"\" money.\""}
{"_id": "487094", "title": "", "text": "\"The biggest question is do you want to be a landlord? There are a lot of ups and down to managing property from bad tenants to having to fix a water heater or replace a fridge.   If you aren't interested in being a landlord, it is definitely a bad idea.   If you do want to be a landlord, then the question is how close do you want to be to your tenants?   What if they are up late making noise, etc.?   What if they watch TV all night and you hear it through the walls?   What is your plan?   You ask if people have trouble \"\"sharing\"\" a house.   If you are the landlord and the other party the tenant, then you aren't \"\"Sharing\"\", you are leasing.   It's a different relationship with different strains.\""}
{"_id": "487142", "title": "", "text": "There was a market in medieval life but there were so many restrictions on it plus there were a lot of elements that undermined the market.  For one thing you were not free to pursue any line of work.  The Surfs were tied to the land and bound to surrender their work to the lords.  In the cities the guilds controlled who could work doing what.  So there was no free market for labor.  The Guilds also controlled prices so I wouldn't call it a free market in any sense."}
{"_id": "487154", "title": "", "text": "I wrote an article about FICO scoring which shows that 30% of your score is based on utilization or amount owed. I can't say exactly how much your score will rise, or how long it will take, but your score will improve dramatically from what you propose.    This chart is from Credit Karma, and it shows how zero utilization is actually bad when it comes to your score. I wrote an article on my blog titled Too Little Debt in which I discuss further. Under 20% is ideal, just not zero."}
{"_id": "487159", "title": "", "text": "Regarding Asia, I think that it's a matter of relative specialization. HK has primarily developed as the gateway for China financial services, HK will certainly offer Islamic finance, but I don't think that there is a compelling reason why HK would become a hub for such services relative to Singapore.  Singapore is at the center of major Islamic populations and is socially and culturally much more capable than HK of serving Islamic finance investors.  One possible counterpoint in favor of HK would be the One Belt, One Road initiative - perhaps a lot of the capital accumulation in the OBOR countries (many of which are Muslim) would end up in HK, but whether it has a major impact is more of a possibility than a certainty."}
{"_id": "487162", "title": "", "text": "\"Switzerland is presumably where one moves the money in case of an apocalypse; although, they have lost some of that appeal now with the tax reporting to the EU and USA. Switzerland has a very old, stable banking industry, but this isn't the only appeal.  Their reputation for safeguarding money, be it despot or Nazi, is most of the attraction.  Low to no taxes is the second.  Also, there isn't much financially illegal despite recent changes.  Put that all together, and if a country is about to go to hell in handbasket because it borrowed too much or goes to war while Switzerland stays stable and very strict about paying depositors, those residents are going to try to move as much money to Switzerland as possible before its confiscated for one reason or another, sending the CHF up. Japan is a different duck.   They have persistently ~0% inflation thus low nominal and real interest rates.  With them, the so-called \"\"cash & carry trade\"\" or more ubiquitous \"\"carry trade\"\" dominates.  Many investors choose to borrow in JPY to buy investments denominated in other currencies.  If the countries of those other currencies are about to take their residents' money or go to war, putting money at jeopardy, the residents doing the carry trading will try to unwind their levered investments to reduce risk, sending the JPY up.\""}
{"_id": "487169", "title": "", "text": "I understand your anger. Still you should consider that the banks are a key factor in economic growth. Hurting them hurts us because its our money that makes them so rich.  As for the feds...you suggest private regulation. Firstly its slightly absurd to have the feds, the regulator of private businesses, controlled privately. Secondly, atleast government is resonable with economic policy in fear of elections, private regulation would do whatever made the tresury and hence business more money. Think bailout without sec regualtions.  There is no denying banking is a ethically dubious business but it is important to appriciate the complexity and genious of the economic system. Change is harder than outrage, it requires a stroke of genious both politically and economically."}
{"_id": "487179", "title": "", "text": "\"You are asking about a common, simple practice of holding the mortgage when selling a house you own outright. Typically called seller financing.  Say I am 70 and wish to downsize. The money I sell my house for will likely be in the bank at today's awful rates. Now, a buyer likes my house, and has 20% down, but due to some medical bills for his deceased wife, he and his new wife are struggling to get financing. I offer to let them pay me as if I were the bank. We agree on the rate, I have a lien on the house just as a bank would, and my mortgage with them requires the usual fire, theft, vandalism insurance. When I die, my heirs will get the income, or the buyer can pay in full after I'm gone.  In response to comment \"\"how do you do that? What's the paperwork?\"\" Fellow member @littleadv has often posted \"\"You need to hire a professional.\"\" Not because the top members here can't offer great, accurate advice. But because a small mistake on the part of the DIY attempt can be far more costly than the relative cost of a pro. In real estate (where I am an agent) you can skip the agent to hook up buyer/seller, but always use the pro for legal work, in this case a real estate attorney. I'd personally avoid the general family lawyer, going with the specialist here.\""}
{"_id": "487190", "title": "", "text": "Douglas Kass has been shorting the indexes for over two years and is so far in the hole that he can never break even. He is almost as bad as Gartman when it comes to predictions. I am not sure if he is an opposite stater or just an idiot, but according to his past record he is one of the worst analysts in the industry.  Disgraceful"}
{"_id": "487195", "title": "", "text": "Old uninteresting point that expects humans to behave the same atomistic ways in all situations as if they don't drive on innovation and creativity. Point: There'll be plenty for those with ingenuity drive and creativity to do. Just because we can't glimpse past the fog of absolute uncertainty doesn't mean we're doomed by more automation."}
{"_id": "487196", "title": "", "text": "\"There's not a single answer here, as the premium you pay for car insurance depends on multiple factors, including (but not limited to): All these factors contribute to the likelihood of getting into an accident, and the expected damage from an accident.  So just having an accident and making a claim will likely raise your premium (all else being equal), but whether or not it will be cheaper in the long run depends (obviously) on how much your premium goes up, which cannot determined without all of the facts.  Your agent could tell you how much it would go up, but even making such an inquiry would likely be noted on your insurance record, and may cause your premium to go up (although probably not by as much). However, the point of insurance is to reduce the out-of-pocket expenses from future accidents, so the question to ask is: How likely am I to have another accident, and if I do, can I pay cash for it or will I need to offset some cost with an insurance claim.  Do you risk making a claim and having your rates go up by more than $700 over the next 3-4 years (the rough time it takes for a \"\"surcharge\"\" to expire)?  Or do you just pay for the repair out-of-pocket and keep your premiums lower?\""}
{"_id": "487205", "title": "", "text": "With the requirement that the money is 100% available immediately and that you can not suffer a loss of principal, the suggestions you gave of an online savings account is a good one. Personally, I use ING."}
{"_id": "487222", "title": "", "text": "I could see GM getting rid of all of their non-sports car and non truck model gas versions, but I highly doubt gm will ever kill their gas powered corvette or trucks.  Currently no electric truck can match say a Dodge 4500 when it comes to towing 10,000 pounds for 12 hours a day. Those will be around for a long time."}
{"_id": "487226", "title": "", "text": "Before anyone feels bad for him, he had a really simple idea, had really smart people and a lot of investor money build a company which has never come close to making a cent in profit and leaves a multi-billionaire.   He could retire today, buy a house in New York, Paris, LA, and Hawaii and wake up every day and do what he wants and the interest alone will help him make money until the day he dies."}
{"_id": "487233", "title": "", "text": "Lotteries and casinos have standards on their rates of failure, though. They're actual gambling, and heavily regulated.  An MLM actively sells to you an idea of success that's completely unreasonable. Also, people that are investing are given all the information. If a broker behaved like one of these MLM people they'd be investigated for fraud."}
{"_id": "487253", "title": "", "text": "This is a good and bad thing. Former technology consultant here who dealt with a lot of healthcare orgs including pharmacies. The small mom and pop shops that are around, similar to CVS or Walgreens but MUCH smaller will hurt from this. For us consumers it will probably be good but one of the largest factors for consumers is the ability to go pick up your meds immediately. I have a feeling we might be seeing more Amazon micro types of stores for a miniature brick and mortar strategy where it makes sense to carry items that are often time sensitive."}
{"_id": "487255", "title": "", "text": "No, 401(k) and IRA accounts are not at risk when you default on a mortgage, even in states that aren't non-recourse. In states where mortgages are non-recourse loans, the bank isn't allowed to go after you at all. They get the keys and whatever they recover from the house sale is it."}
{"_id": "487256", "title": "", "text": "Generally speaking, you realize options gains or losses for (US) tax purposes when you close out the option position, or when it expires so in your example, if you're discussing an equity option, you'd realize the gain or loss next year, assuming you don't close it out prior to year end. But options  tax treatment can get messy fast: Still, if you have no other stock or option positions in the underlying during or within 30 days of the establishment of the naked put, and assuming the option isn't assigned, you won't realize any gains or losses until the year in which the option is closed or expires."}
{"_id": "487264", "title": "", "text": "So I should shoot for poverty?  If you want equality should they not be forced to cough up as well? Unless the real plan is to give some people special treatment at the expense  and discrimination of others."}
{"_id": "487275", "title": "", "text": "It never ceases to shock me that, with a bit of extra searching online, you can find some of the most distinct pages. It's annoying that more posts like this, aren't noted at the top when I browse with google online, I have actually added you to my favorites, I also have a buddy, that will truly enjoy this page, so ill send her, a link to your blog site, too. I am positive they will actually like it."}
{"_id": "487277", "title": "", "text": "You can be assured of our professional service and many smiles on your special day. Because Your search ends here, At Vamos paella, we understand that a delicious food is always of primary focus in paella parties. We have created three enticing menus that will allow you to combine paella with tapas, salads, breads, salsa and desserts. Of course, this menu can be customized to cater for your vegetarian, pescatarians and non vegetarian friends alike. Get innovative and offer tasty treats to accompany paella. This could be in form of desserts, appetizers or even entrees. Checkout our site: http://www.vamospaella.co.uk/services/"}
{"_id": "487280", "title": "", "text": "I disagree.  First off the SEC is under-funded anyhow, and most economists agree that there needs to be better regulation of the exchanges; ya know since it can fucking crash our economy and send us into WW3.  Secondly, it's a flat Transaction tax much like any other State Sales Tax.  State Sales Tax is arguably the most successful form of taxation there is, b/c it's so damn easy to implement, and so damn easy to audit.  You're blowing this thing way out of proportion.  They require the markets to charge a Transaction tax, and then they do periodic audits to ensure each exchange is doing it.  The rates go up or down based on the previous quarters number of HFTs.  Outside of said formula, this transaction rate can be altered by a meeting of a few SEC heads, and approved when approved by the appropriate congressional body.  Kills 2 birds with one stone:  * more money to the underfunded SEC * lessens the impact of HFTs and turns the markets back into a market instead of a casino.  It will have minimal effects on buy &amp; hold traders since they typically research for a long time, then buy &amp; hold stock for many months.    It will mainly affect those who buy &amp; unload several times per day.    PS:  If you think that letting a market die and having new ones pop up periodically is a good idea then holy shit.  Financial markets need stability &amp; regulation.  Finance doesn't like uncertainty.  Crash &amp; burn marketplaces will help no one, and will raise uncertainty which we all know investors hate."}
{"_id": "487287", "title": "", "text": "Yes, you are correct to go to the credit union first. Get approved for a loan first. Often, upon approval, the credit union will give you a blank check good for any amount up to the limit of the loan. When you buy the car, make it payable to the dealer, write in the amount and sign it. Enjoy the new car!"}
{"_id": "487297", "title": "", "text": "\"It's talked about quite often among more experienced investors. They were/ are used extensively by hedge funds.  Keep in mind that if your option expires when not \"\"in the money\"\" you lose the premium you paid for the purchase of the option. That's where the risk comes in.  I've grown really interested in options over the last couple months. Check out McMillan's Guide to Options. It's generally thought of as the quintessential beginners guide to understanding options.  Good luck!\""}
{"_id": "487325", "title": "", "text": "What worked out well for me is a Capital One High Yield Savings Account, which came with a lower interest rate than most online accounts but higher than a brick & mortar bank. Also, since Capital One has Banking locations now, I can use the ATM card that came with this account to pull out the emergency money if I need it in a pinch at a place that doesn't accept checks."}
{"_id": "487329", "title": "", "text": "Well, if the short seller has to pay the dividend out of their pocket, what happens to the dividend the company paid out ??  Sounds like there are 2 divdends floating around, the short's, and the company's, but only 1 share of stock."}
{"_id": "487333", "title": "", "text": "&gt; Just because you had 1, 2 or a dozen children, why should that be considered in what your unskilled labor is worth?  1 child per person or 2 per couple should be factored in to what unskilled labor is worth.  The reason is that we need unskilled labor to wash dishes or dig ditches.  Since the system needs them, the system needs to support them.  Support would mean that they can get a modest living working a full time job for their entire lives.  A modest life would include one where basic needs are met and normal human experiences are available.  This would include food, water, shelter, clothes, health care, some entertainment, retirement, and a child to replace them after they die."}
{"_id": "487343", "title": "", "text": "If you're being sued, unless it's small claims court, you need a lawyer.  And if/after there's a judgement against you and you want to explore bankruptcy as an option, you'll still need an attorney. Depending on details, your assets may not be protected from the judgement.  So any way you look at it, you need a lawyer."}
{"_id": "487348", "title": "", "text": "Wow, everyone tells you different investment strategies. You have all your life ahead of you. Your main focus should not be getting the best return rate, but ensuring your existence. Who cares if you get 7% if you'll lose all in the next market crash and stand on the street with no education, no job and nothing to fall back on? I would go a completely different route in your place: The best advise given above was to not consider this as an option to never work again. It's not enough money for that, unless you want to live poorly and always be afraid that the next financial crises wipes you out completely."}
{"_id": "487354", "title": "", "text": "If there are a lot of houses for sale, can you be sure that in a year or two you can sell yours? How long does the average house in that area stay on the market before it is sold? What percentage of houses never get sold?  If it can't be sold due to the crowded market you will be forced to rent the house. The question for you then is how much rental income can you get? Compare the rental income to your monthly cost of owning, and managing the house.  One benefit to buying a house in a market that is easy to rent a house would be if you are forced to move quickly, then you aren't stuck being 3 months into a 12 month lease.  Keep in mind that markets can change rather dramatically in just a few years. Housing costs were flat for much of the 90's, then rocketed up in the first half of the last decade, and after a big drop, they are one a slow climb back up. But the actual path they are on depends on the part of the US you are in.  The rule of thumb in the past was based on the fact that over a few years the price would rise enough overcome the closing costs on the two transactions. Unfortunately the slow growth in the 90's meant that many had to bring checks to closing because the equity gained wasn't enough to overcome the closing costs due to low down payment loans.   The fast growth period meant that people got into exotic loans to maximize the potential income when prices were going up 10-20% a year.  When prices dropped some found that they bought houses they couldn't afford, but couldn't sell to break even on the transaction. They were stuck and had to default on the mortgage.  In fact I have never seen a time frame when the rule of thumb ever applied."}
{"_id": "487373", "title": "", "text": "\"&gt;Yes sir, I'm working on compiling your \"\"precise evidence,\"\" and I'll have it printed and bound for you on the double.  So you claim there is not competition, then when shown how many banks there are and asked for evidence, your reply is snarky assholism? And you believe \"\"there is no such thing as a relation between any interest rates and the cost to service the loans\"\"?  I'm becoming convinced you are either ignorant, a troll, or deliberately stupid. Either you have evidence for your claims or you don't.  &gt;rates are artificial  Since the word artificial does not appear on the link you posted, what do you mean by artificial? How can you differentiate between \"\"artificial rates\"\" and \"\"non-artifical\"\" rates? What do you think the current rates should be?\""}
{"_id": "487377", "title": "", "text": "\"Benninga's book(s) are pretty much the best crash course to financial modelling with Excel - be aware though, he has two distinct types of book. One is more of a walk-through of financial principles in Excel('Principles of Finance with Excel, 2nd Ed.'), and the other could better be described as a 'glossary' of financial applications in Excel(the oft-recommended 'Financial Modeling') . As far as I'm aware, both contain roughly the same volume of information about the same topics (could be some minor differences, as the walk-through-style book is newer), but are taught in somewhat different ways. It might be useful to obtain a copy of one or the other from a library and see if you enjoy the style of the book before purchasing it. I was fortunate enough to have a roommate where between us, we have both, but doing this individually is a 200+ dollar endeavor, and you will only be duplicating identical information. ;)  If you're interested in reading other interesting material, that may help you develop different perspectives/insight into investing, I would suggest, aside from reading the usual stuff (Intelligent Investor, Random Walk, etc), also obtaining a copy of Seth Klarman's \"\"Margin of Safety\"\". You'll have to do so in .pdf form, as the book is entirely out of print (and from what I've heard, Klarman himself bought out many retailers of all of their copies and had them destroyed), but it's an interesting read, that has a lot of modern relevance -  perhaps best evidenced by the fact that it's author, president of one of the largest hedge funds in the world, no longer wants it in print.\""}
{"_id": "487399", "title": "", "text": "I am not preparing for a sudden, major, catastrophic collapse in the US dollar. I am, however, preparing for a significant but gradual erosion of its value through inflation over the space of several years to a decade. To that end, I've invested most of my assets in the stock market (roughly 80%) through major world index funds, and limited my bond exposure (maintaining a small stake in commodity ETFs: gold, silver, platinum and palladium) due to both inflation risk and the inevitability of rising interest rates. I don't think most companies mind overmuch if the dollar falls gradually, as the bulk of their value is in their continuing income stream, not in a dollar-denominated bank account. I also try to keep what I can in tax-deferred accounts: If, after several years, your stocks were up 100% but inflation reduced the dollar's value by 50%, you're still stuck paying taxes on the entire gain, even though it was meaningless. I'm also anticipating tax hikes at some point (though not as a result of the dollar falling). It helps that I'm young and can stand a lot of investment risk."}
{"_id": "487435", "title": "", "text": "The card-holder agreement does not explicitly specify a minimum spending requirement. It does though, have the following catch-all clause for closing the account: We may:   \u2022 cancel your Account,   \u2022 suspend the ability to make charges,   \u2022 cancel or suspend any feature on your Account, and   \u2022 notify merchants that your Account has been   cancelled or suspended.   If we do any of these, you must still pay us for all   charges under the terms of this Agreement. We may do any of these things at our discretion, even if you pay on   time and your Account is not in default. If your Account is cancelled,   you must destroy your cards. We may agree to reinstate your Account   after a cancellation. If we do this, we may: \u2022 reinstate any   additional cards issued on your Account, \u2022 charge you any applicable   annual fees, and \u2022 charge you a fee for reinstating the Account. One would suspect that American Express would happily collect the fee from anyone who holds the card, but is not using it (in any way). Someone, though, that isn't spending the expected amount of money, but is availing themselves of the 24 hour concierge service, etc., would probably find their privileges revoked and/or their card canceled."}
{"_id": "487438", "title": "", "text": "Ripped off may be too strong as it implies intent - I'm hopeful it's just bad logic or terminology.   I would say better agreements would be: Borrowing money from family/friends is always risky.  If you and your parents are comfortable with the situation and can reliably keep records of how much is owed at any given time (and how much of the $500/mo is interest) then the loan might be a good option.  If not, and your parents don't need the income stream from the loan, then I would recommend the second option since it's much cleaner. In any case, make sure everything is in writing and the proper legal procedures are followed (just as if you had borrowed the money from a bank). That means either filing a mortgage with the county for option 1 or having both parties on the deed, and having the ownership percentages in writing."}
{"_id": "487439", "title": "", "text": "Shareholders of Monsanto  will get the money from Bayer. Shareholders are independent people or entities. Think of Monsanto  as a thing that shareholders had. This thing is now being purchased by Bayer"}
{"_id": "487443", "title": "", "text": "\"&gt; Why is his age such a big deal?  Sure! Experience and studies are meaningless.   &gt; if he is competent enough and if he will guide the company effectively.  I agree with you!  Because you said \"\"if\"\" in the beginning.  You can assume with at least 98% certainty that he was not chosen to be the CFO because he's the most competent or very competent.  To be competent, you need to prove your competency based on your accomplishments in the past.  So with at least 97% certainty, he was chosen because he's the son of...\""}
{"_id": "487452", "title": "", "text": "LOL this shit writes itself.  The link you put for the HDMI cable doesn't work right now, nor does navigating to the item from a search.  Anyway...  [~$3.33/cable](https://www.amazon.com/Twisted-Veins-3ACHB6-Speed-Cables/dp/B014EV0G3G/ref=sr_1_4?ie=UTF8&amp;qid=1506317145&amp;sr=8-4&amp;keywords=6%27+hdmi)  [~$2/cable](https://www.amazon.com/SMALLElectric-iPhone-Lightning-Charge-Charging/dp/B01HRO395Y/ref=sr_1_4?ie=UTF8&amp;qid=1506317011&amp;sr=8-4&amp;keywords=3%27+lightning)  The other guy was certainly exaggerating, but considering Amazon is eating the cost of the delivery, Best Buy isn't exactly offering competitive pricing.  On top of that, this thread is a heaping pile of anecdotes about shitty customer service.  EDIT: Link started working as soon as I posted."}
{"_id": "487473", "title": "", "text": "\"Nah, Samsung wasn't going to hire him. They were just going to fire the guy in charge of Touchwiz. It's a good thing they didn't since Apple would've sued them for infringing on their patent for \"\"Method and apparatus for firing an executive\"\" .\""}
{"_id": "487498", "title": "", "text": "&gt;it just seems to be something that's seen a lot of mainstream attention lately.   Snake oil, in its various forms, isn't new a new phenomenon. It can be quite profitable though, if you know how to ride the wave."}
{"_id": "487502", "title": "", "text": "Transaction fees are part of the income for banks, and as we know they are profit making corporations just like any other Company. The differene is that instead of buying and packing and Selling groceries, they buy and package and sell Money. Within the rules and the market they will try to maximize their profit, exactly like Apple or GM or Walmart and so on. Sweden and Holland are part of the European union and the leaders of the union has defined (by law) that certain types of transactions should be done without fees. In order to transfer Money from your Swedish account to the Dutch account you do what is called a SEPA transaction, which should be done in one day without cost to you as a customer. Reference: https://en.wikipedia.org/wiki/Single_Euro_Payments_Area Gunnar"}
{"_id": "487503", "title": "", "text": "\"Making extra principal payments will reduce the term of your loan. I wouldn't sign up for a biweekly schedule, just do it yourself so you have more flexibility. A simple spreadsheet will allow you to play \"\"What if?\"\" and make it clear that extra principal payments are most effective early in the term of the loan. My wife and I paid off our home in less than 10 years with this approach. Some will say that the opportunity costs of not using that money for something else outweighs the gains. I would say that not having a mortgage has a positive impact on your cash flow and your assets (you own the home), which combine to create more opportunity, not less. That being said, It should be obvious that paying off higher interest debt first is the priority, (Paying off a zero percent interest car loan early is just foolish)\""}
{"_id": "487525", "title": "", "text": "The companies give jack shit about what the taxpayers have to pay. They only lower their own expenses. Without collective bargaining power, and forcing competing companies to have the same expenses, the employees will quite simply be screwed. Systems setup by the government on the other hand supply both.  Also, what about those without earned income... What do people deserve if they do not (currently or ever) contribute to the economy?  In part it depends on what kind of society one wants to live in, I guess, and whether the people are willing to keep the government functioning for the common good."}
{"_id": "487545", "title": "", "text": "Not everyone must absolutely have the cheapest price.  I'll pay more if I can walk into Best Buy and have a nice experience.  If the employees are helpful and trained to be professional.  If they offer white glove service that will beat me home from the store.  If they offer included extended warranty support.  Etc.  I'd pay more.  Gladly.  I won't pay more for a warehouse experience where I'm treated like a head of cattle."}
{"_id": "487551", "title": "", "text": "I'm pretty sure that banking has provided a safety net for criminal (predator) types. To take risks and do business in a way that would not be possible otherwise. Now we have grossly innefficient business, in the SOLE interest of predators (claiming to be providers). My carrot may travel 1500 miles (or more) to get to me, when carrots are grown within a mile of me. It's commercial communism. FORCING products and servives on us involuntarily. WASTING resources in the interests of the few. DEATH to these miscreants is my opinion. If it were up to me, there would be no global anything."}
{"_id": "487576", "title": "", "text": "Normally, that is the address of the person that __wrote the check = the person who is paying the money (= your address if you write the check). In this example, it is '...2063 Main Street...' You mail the check to the recipient, the person who gets the money. His name is supposed to be in the line PAY TO THE ORDER OF, but it does normally not contain any address, just a name; in this example the recipient is 'Sample Company'. The check does not carry the recipient's address anywhere; only the envelope has it. If you are sending someone money, you will have to ask them where to send it to.  Some checks have the bank's name printed on the top right, but that has no influence; it is basically an advertisement ('Your bank Name'):"}
{"_id": "487590", "title": "", "text": "Ah ok. Sounds like you guys need to have a heart to heart. I'd consider setting up a contract with regards to execute a buy-out at a given date. It may require some compromise on both of your guys' side.  Good luck and Happy Cake day!"}
{"_id": "487593", "title": "", "text": "The only problem that I see is that by not giving the 20% right away, you might need to pay PMI for a few months. In addition, in the case of conventional loans, I heard that banks will not remove the PMI after reaching 80% LTV without doing an appraisal. In order to be removed automatically, you need to reach 78% LTV.  Finally, I think you can get a better interest by giving 20% down, and you can get a conventional loan instead of a FHA loan, which offers the option to avoid the PMI altogether (on FHA, you have two PMIs: one upfront and one monthly, and the monthly one is for the life of the loan if you give less than 10%)."}
{"_id": "487596", "title": "", "text": "The whole model is likely to change.  I believe (as others do) that individual car ownership will wane, leaving large commercially operated fleets of on-demand modules.  It will be like insuring an airline - the whole company is insured...not individual pilots."}
{"_id": "487600", "title": "", "text": "\"&gt;You understand the purpose of insurance, right? It's ok to tax the rich but not ok for them to cash in on insurance?  You understand that no employees pay for this \"\"insurance\"\" right? The rich employees don't pay for this benefit, the employers do.   That being said, this is not something that is an easy question to answer. One one hand if someone is out of a job then the black and white answer is \"\"yes\"\" they are absolutely allowed to use these benefits. The other hand if this person has the ability not to utilize these benefits because they were able to create a savings(either by investments or simply saving) then why would they need to use it? I think that using this specific benefit should be a last resort, Not one to use because you don't want to use any of your money. Not that im saying this happened but again, if someone is making this kind of money, one would think they should have the wherewithal to have an emergency savings fund for this exact situation.   There is nothing inherently illegal about this, however it is, IMO, morally questionable.\""}
{"_id": "487605", "title": "", "text": "\"Let me ELI5 it for you.  It's *illegal* for foreign governments to contribute to or otherwise attempt to affect our elections.  Why?  This is done to prevent undue foreign influence inside our government.  You don't want foreigners, who don't care about America, to be \"\"pulling strings.\"\"  This law is really old and is considered a big deal to keep the elections clean.  It's also *illegal* for a US citizen to help a foreign government to influence our election.  So you can't collude to help them do the illegal thing.  So taking a meeting with Russian government officials in a attempt to get opposition research on a candidate is thus *illegal* because it's helping the foreign power affect our election.  Don Jr released emails where he admitted to doing this.  That make sense?  Also think about it on a practical level.  Were the Russian going to give the intel to Don Jr for free?  What deal was going to be struck for this compromising info?  Nobody knows, but you have to assume it's something of value.\""}
{"_id": "487606", "title": "", "text": "Other than the capitalist owner/slave wage deal the Libertarians (US political party Austrian-market wingnuts, not social libertarians in general) so zealously defend.  Face it, nobody who has a boss is free and no system in which bosses may exist is one to aspire to. This is the core of libertarian philosophy. To declare that libertarian logic doesn't include full freedom in the workplace is to declare that liberty doesn't apply to the worker.  If you're a submissive or a dominant, fine, no problem with you as a person. Just keep your fetish to your bedroom, not our workplace nor our neighborhood nor our planet."}
{"_id": "487616", "title": "", "text": "Maximizing income could mean a lot of things.  What you really want is to maximize wealth.  Doesn't matter if it comes from your bond appreciating in value or as dividends. In order to maximize your wealth (that's today's wealth), you need to make decisions based on the net present value of these bonds. The market is fairly priced, especially for a tight market like government bonds.  That means if your bond falls in price, it has fallen by precisely the amount necessary so that an investor would be indifferent between purchasing it now, at its current price, and purchasing a new bond with a higher dividend.  The bonds with higher dividends will simply have a higher price, so more of the money comes as dividends than as price appreciation (at maturity it will sell for face value).  In other words, the animals are out of the barn and you have lost (or made) money already.  Changing from one bond to another will not change your wealth one way or the other. The only potential effect of changing bonds will be changing the risk of your portfolio.  If you buy a bond that matures later or has a lower dividend than your current bond, you will be adding additional interest rate risk to your portfolio.  That risk should be compensated, so you will have a higher expected return as well.  But regardless of your choice you will not be made wealthier or less wealthy by changing from one bond to another. Should you buy bonds that will earn you the most possible?  Sure, if you are below your risk tolerance.  Even among default free bonds, the longer the maturity and the lower the dividend, the greater the effect of future changes in interest rates on your bond.  That makes them riskier, but also makes them earn more money on average. TL;DR: In terms of your wealth, which is what matters, it doesn't matter whether you hold your bond or buy a new one."}
{"_id": "487621", "title": "", "text": "So my advice for your financial situation depends on your aims. Are you aiming to: -   Completely clear your debt -   Clear one card to free up more monthly income.  -   Clear some debt to allow further controlled spending -   Clear one card and focus on just using one, having 2nd as emergency. There are other things you may wish to do but you said to pay off some / all of 2 credit card bills. If you want to contact me I can plan this more precisely. Some seem the same but other factors can come into play as well. Differing rates of interest make the options clearer. My first advice would be to call the card companies and see if you can get better rates first. SCENARIO (some figures made up for visual) Credit Card Debts    8,000       8,000 Monthly payment       100           100 APR %                              10             10 Ignoring APR this will be 80 months to repay (otherwise 140 months using my example amounts above) \u00a328,000 repaid over 11 years 8 months.  Your Suggestion As per your suggestion originally, paying off cards equally will allow smaller debt on both cards. Credit Card Debt      3,000      3,000 Monthly payment       100          100 APR %                              10            10 With a 0% APR this would be paid off in 2 years 6 months. Cards are available to get free balance transfers, need to look into this. With the 10% APR this would take 3 years 1 month. \u00a310,000 lump and \u00a37,400 repaid over 3 years 1 month (saving \u00a310,600 and 8 years 7 months) AIM: To clear debt completely. My advice here is to use the \u00a310,000 lump sum to pay off one credit card, the remaining \u00a32,000 can then come off the other card. This will free up your outgoings (was 2 x \u00a3100) by \u00a3100. But then use this \u00a3100 to pay off the card, this will result in the following: Credit Card Debt      6,000 Monthly payment       200 APR %                              10 With a 0% APR this would be paid off in 2 years 6 months. Cards are available to get free balance transfers, need to look into this. With 10% APR this would take roughly 3 years 1 month. \u00a310,000 lump and \u00a37,400 repaid over 3 years 1 month (saving \u00a310,600 and 8 years 7 months).   This option is the same as above, but you have the options on the odd tight month to reduce payments to \u00a3100.   This also will allow the 2nd card to be used interest free for an emergency purchase (to be paid off without any interest charge)   If rates are different, pay of the one with the higher APR AIM: Clear one card to free up more monthly income.  AIM: Clear one card and focus on just using one, having 2nd as emergency. Same as above, but don\u2019t increase to \u00a3200, leave monthly payment at \u00a3100. Credit Card Debt      6,000 Monthly payment       100 APR %                              10 With a 0% APR this would be paid off in 5 years. With the 10% APR this would take 88 months (7 years 4 months) \u00a310,000 lump and \u00a38,800 repaid over 7 years and 4 months (saving \u00a39,200 and 4 years 4 months).   This also allows for some extra spending (even racking back up the debt \u2013 although not advised) AIM: Clear some debt to allow further controlled spending As above apart from this will allow you to spend to get back up to full \u00a316,000 debt. NOTE My figures are theoretical, paying off \u00a3500 (\u00a3250x2) a month instead of the \u00a3100 (10%APR) would take: Lump sum 10,000, remaining 6,000 \u2013 14 months (\u00a317,000 paid) Lump sum 5,000, remaining 2 x 5,500 \u2013 26 months (\u00a318,000 paid) Lump Sum 0, remaining 2 x 8,000 \u2013 40 months (\u00a320,000 paid) Now I have finished waffling, I hope you have an idea on what you are aiming to achieve and a better idea of what to do when you receive the income \uf04a Stephen."}
{"_id": "487633", "title": "", "text": "\"While I would be very leery of making any Investments in Greece, and if I lived there might want to strongly consider a larger than average investment in 'international' funds (such as an index fund on the US, UK, or German exchanges) Having debt in Greece might not be such a bad thing... if only it was denominated in local currency. The big issue is that right now, you'd be taking out a loan on property in greece, that would be denominated in Euros.  If worse comes to worse, and Greece is kicked out of the EU and forced to go back to the drachma, then you might be in a situation where the bank says \"\"this loan is in Euros, we want payment in the same\"\" and if the drachma is plummeting vs the Euro, you could find your earning power (presuming you were then paid in drachma) greatly diminished.. And since you'd be selling the house for drachma, you might be way under-water in terms of the value of the house (due to currency exchange) vs what you owed. Now, if Greece were currently on the drachma, and you were talking about a mortgage in the same, I'd say go for it.  Since what tends to happen when a government has way overspent is they just print more money rather than default.. that tends to lead to inflation, and a falling currency value vs other countries.  None of which is bad for someone with a debt which would be rapidly shrinking due to the effect of inflation. but right now, safer to rent.\""}
{"_id": "487638", "title": "", "text": "\"Would I only have to pay regular taxes plus the excess contribution   tax on any contributions? Yes, you'll pay regular taxes plus the excess contribution taxes on the contributions until you withdraw. So what would be your gain in doing this? The whole point in HSA is to use pre-tax money for medical expenses, and you're not only going to use post-tax money - you'll pay extra tax for doing that (6% for each year the contribution remains in the account). Are you trying to get the \"\"employer match\"\" in this way? Maybe just ask for a raise instead? Would this cause problems for my employer in any way? Not sure, but it might. Is it possible to simply receive funds in my HSA even though I am not   eligible, and then transfer them to his HSA to avoid any penalties? No, HSA is a personal account. You can pay for dependents, but you can't move money between the accounts. You can roll over to your own account. See the IRS publication 969 for more details.\""}
{"_id": "487678", "title": "", "text": "Your short-term time frame makes buying used the best option, but it seems you already are aware of that.  Look into a certified pre-owned model if you are concerned about lemons. You will usually get some sort of warranty.  However, be aware that any car can be a headache with repairs.  I would not recommend a lease because basically you are still paying for the depreciation on the car plus interest. Generally, this is the most expensive way to drive a car. You may find the numbers look good for a lease but beware of the 'gotchas' in the terms that can put you way over budget (over mileage, wear and tear, etc.).  My best recommendation is to buy gently used with cash. This gives you the most flexibility and best resale value. If you finance a late-model vehicle, be aware that depreciation can leave you upside-down on your loan. That would put you in the position of having to shell out cash just to get rid of the car."}
{"_id": "487688", "title": "", "text": "Selective reporting. There is a lot of negative press about opioids but the benefits outweigh the death risks by a ton and nobody ever mentions those. Opioids saves countless amount of lives and brings people out of misery from excruciating pain; marijuana should not be the drug of choice for pain like that, it isn't strong enough.  We are utilizing opioids pre-surgery, post-surgery, chronic conditions. What are you going to do, have patient take a hit after they get out of a surgery? It's not even going to make a dent in alleviating the pain as soon as stat dose of fentanyl post surgery fades away; you're going to need oxycodone for that pain. Marijuana is not as effective as opioids for severe acute pain (or even chronic).   Marijuana should be legal, I agree, but that shit is overhyped in the medical world."}
{"_id": "487713", "title": "", "text": "\"I see this argument often. You're misdirecting the argument of \"\"socialism vs. capitalism\"\" with \"\"uncontrolled capitalism vs. socialism\"\"  You can have regulated capitalism that looks at labor &amp; safety while also not distributing the work output evenly, despite uneven work input.\""}
{"_id": "487726", "title": "", "text": "You can ask the buyer to lower the price by the amount you are approved for and negation transferring the amount to him via a escrow.."}
{"_id": "487728", "title": "", "text": "I strongly recommend that you talk to an accountant right away because you could save some money by making a tax payment by January 15, 2014. You will receive Forms 1099-MISC from the various entities with whom you are doing business as a contractor detailing how much money they paid you. A copy will go to the IRS also. You file a Schedule C with your Form 1040 in which you detail how much you received on the 1099-MISC forms as well as any other income that your contracting business received (e.g. amounts less than $600 for which a 1099-MISc does not need to be issued, or tips, say, if you are a taxi-driver running your own cab), and you can deduct various expenses that you incurred in generating this income, including tools, books, (or gasoline!) etc that you bought for doing the job. You will need to file a Schedule SE that will compute how much you owe in Social Security and Medicare taxes on the net income on Schedule C. You will pay at twice the rate that employees pay because you get to pay not only the employee's share but also the employer's share. At least, you will not have to pay income tax on the employer's share. Your net income on Schedule C will transfer onto Form 1040 where you will compute how much income tax you owe, and then add on the Social Security tax etc to compute a final amount of tax to be paid. You will have to pay a penalty for not making tax payments every quarter during 2013, plus  interest on the tax paid late.  Send the IRS a check for the total. If you talk to an accountant right away, he/she will likely be able to come up with a rough estimate of what you might owe, and sending in that amount by January 15 will save some money. The accountant can also help you set up for the 2014 tax year during which you could make quarterly payments of estimated tax for 2014 and avoid the penalties and interest referred to above."}
{"_id": "487738", "title": "", "text": "? Share price reflects the residual value of the company to the shareholders and therefore the value they assume it can create for its customers.  Now, if you have a better understanding of that value than the millions of investors that own and trade its share, that's a different story."}
{"_id": "487739", "title": "", "text": "\"The concept of emergency fund is a matter of opinion. I can tell you the consensus is that one should have 6-9 months worth of expenses kept as liquid cash. This is meant to cover literally all bills that you might encounter during that time.  That's a lot of money. There are levels of savings that are shy of this but still responsible. Not enough to cover too much in case of job loss, but enough to cover the busted transmission, the broken water heater, etc. this is still more than many people have saved up, but it's a worthy goal.  The doctor visit is probably the lowest level. Even without insurance, the clinic visit should be under $200, and this shouldn't cause you to have to carry that amount beyond the time the bill comes in.  The point that shouldn't be ignored is that if you owe money at 18% on a credit card, the emergency fund is costing you money, and is a bit misguided. I'd send every cent I could to the highest rate card and not have more than a few hundred $$ liquid until the cards were at zero.  Last - $5K, $10K in the emergency account is great, unless you are foregoing matched 401(k) dollars to do it. All just my opinion. Others here whom I respect might disagree with parts of my answer, and they'd be right.   Edit - Regarding the 'consensus 6-9 months' I suggest -  From Investopedia - \"\"...using the conservative recommendation to sock away eight months\u2019   worth of living expenses....\"\" The article strongly support my range for the fact that it both cites consensus, yet disagrees with it.  From Money Under 30 The more difficult you rank your ability to find a new job, the more   we suggest you save \u2014 up to a year\u2019s worth of expenses if you think   your income would be very difficult to replace. From Bank of America   I have no issue with those comfortable with less. A dual income couple who is saving 30% of their income may very well survive one person losing a job with no need to tap savings, and any 'emergency' expense can come from next month's income. That couple may just need this month's bills in their checking account.\""}
{"_id": "487776", "title": "", "text": "Between half a year and a year should be enough to improve your interest rates drastically on car loan refinance. Make sure that your new credit card has already been reported to the agencies, and that the credit/debt ratio is lower than 30% on your revolving (credit card) accounts. That also means that you shouldn't carry too much balance, even if the APR is 0%."}
{"_id": "487778", "title": "", "text": "You report it as an expense against the 1099 income when you do your taxes. You will only be taxed on the amount after the lawyers fees (but if it cost you more in lawyers fees than you recover in damages, the loss is not deductible). Be sure to keep documentation of the lawyers bill and the contract. Compensatory damages are generally not taxable at all. You can see here for more information on that."}
{"_id": "487791", "title": "", "text": "It's hard to answer without knowing all of the details (i.e. what was your salary for each of the options), but I think you probably made a good choice. 1099: Would have required you to pay self-employment tax, but also would have allowed you to deduct business expenses. W2 with benefits: Likely would have been beneficial if you needed healthcare (since group plans can be cheaper than individual plans, and healthcare payments aren't taxed), but if you don't use the healthcare, that would have been a waste. W2, no benefits: Assuming your salary here falls between the 1099 and the W2 with benefits, it seems like a good compromise for your situation."}
{"_id": "487817", "title": "", "text": "Investing $100k into physical gold (bars or coins) is the most prudent option; given the state of economic turmoil worldwide.  Take a look at the long term charts; they're pretty self explanatory.   Gold has an upward trend for 100+ years.  http://www.goldbuyguide.com/price/ A more high risk/high reward investment would be to buy $100k of physical silver.  Silver has a similar track record and inherent benefits of gold.  Yet, with a combination of factors that could make it even more bull than gold (ie- better liquidity, industrial demand).   Beyond that, you may want to look at other commodities such as oil and agriculture.  The point is, this is troubled times for worldwide economies.  Times like this you want to invest in REAL things like commodities or companies that are actually producing essential materials."}
{"_id": "487846", "title": "", "text": "\"No it isn't.  Time is fixed.  On each of those days, the sale ends \"\"today.\"\"  But tomorrow *becomes* today, and today becomes yesterday.  So, if the sale ended today, then tomorrow the ad would be completely false, because the sale, in fact, ended yesterday.    Come on man, don't be one of those \"\"time is linear\"\" people.    Another example.  My IT shop has been saying for 3 years that a certain project will be completed in 6 months.  The problem is that in 6 months, it will *still* be 6 months!  The point in time on the horizon may be fixed, but the horizon itself is NOT.  If you see a point on the horizon, then walk toward it, when you arrive at that point, did you reach the horizon?  NO!!  The horizon is still as far away as it was before.\""}
{"_id": "487847", "title": "", "text": "Thank you all very much for your answers. Another question is, which is a better option, CFA Curriculum or Schweser Notes considering that right now my goal is not to cram for the exam, but to familiarize myself with finance?"}
{"_id": "487849", "title": "", "text": "You say A #1 priority, that implies multiple #1 priorities. Long term or medium term my goal is to pay off the mortgage. But short term paying off the mortgage isn't a concern. Some people are comfortable with a mortgage during retirement, others aren't. When I was younger the mortgage concern was not being overextended. I didn't want to be in a situation that dictated my financial decisions because I needed to make a big house payment. Being overextended is no longer a concern for me. Now I am looking in more detail about how my retirement will actually play out. How to handle my actual retirement income sources. For me, not having a mortgage simplifies my planning."}
{"_id": "487861", "title": "", "text": "You can't force a horse to eat carrots. You have to make him hungry...  It's good that you're ready to start saving. The hardest part about building wealth is that most people live in denial. They think a bigger hat is wealth. That said, you need to get your husband excited about the idea of saving. If you're capable of sparking a little passion in him for saving then you'll see your wealth grow almost over night.  So, how do you make someone excited about something as boring as saving? Great question. If you find a way, write a book. Honestly, I think it's different for everyone. For me it was like someone turned on a light. I was blind but then I saw. If he is a reader then I would suggest the following books in this order. If he makes it through those and has any argument at all against saving then write a book about him haha.  Now I want to be clear, the other two answers above mine were also spot on. If you can't get him passionate about it then you need to take the initiative and start doing it yourself. I can't stress enough though that you both need to be engaged in order to do it quickly and efficiently.  Good luck!"}
{"_id": "487864", "title": "", "text": "Yeah, it's going to happen a lot faster than that.  Today we're starting to see the 2nd generation of modern electric cars becoming available at $35K price and 200+ mile range.  It was only 7 years ago that the first generation started becoming available.  If progress continues at the pace it has up to now, then by 2025 we might see the 3rd gen EVs appearing and I expect they'll have 300+ range starting around $25K.  EV infrastructure is easy peasy to install.  All you have to do is pick an electrician out of the phone book.  Apartments, parking garages, and hotels will all have to start installing level 1 and level 2 chargers, if they want customers."}
{"_id": "487866", "title": "", "text": "Had a professor in college for one the business classes. He would teach inmates finance. One class he had a student that was in for some sort of fraud/money laundering. The professor was not sure how much the student had taken but he did ask if it was wroth it. The inmate said yes, explained how long his sentence is/was (it was less then 10 years) and that they only found part of the money."}
{"_id": "487867", "title": "", "text": "Oh, no, I'm being downvoted because there's a user in /r/Seattle who gets online every couple of days and uses several sockpuppets to downvote my history. It has nothing to do with this post, look at my history - a page in I'm solidly at -5, because he goes back day after day.  Edit: Also, note Sinofsky wasn't just senior. He led Windows 7!"}
{"_id": "487870", "title": "", "text": "Creating a corporation is not necessarily less taxes. In fact, you'll face the problem of double taxation, and since you must pay yourself a reasonable salary, if your corporation doesn't earn much to give you as dividend after the salary, and/or your tax bracket is low, you'll in fact may end up paying more taxes. Also there's a lot of bureaucracy involved in managing a corporation. Liability on the other hand is important, and what's more important - is asset separation and limiting the liability to the corporation assets, keeping your personal assets safe. To achieve that, you don't have to create a corporation, but you can create a Limited Liability Company (LLC). LLC are disregarded entities for tax purposes (i.e.: you won't have to pay taxes twice, only once as a sole proprietor/partner), but provide the liability limitation and asset separation. LLC's are much less formal, and require much less paperwork reducing the risk of corporate veil piercing because of non-compliance. I myself decided to manage my investments through LLC's for that very reason (asset separation)."}
{"_id": "487872", "title": "", "text": "\"I don't think The Onion was \"\"fake news\"\", fake news was when you'd have people just making up inflammatory shit to get clicks from the extremes (mostly extreme right) - bat boy, obama's a muslim, they're going door to door for your guns as we speak, etc.\""}
{"_id": "487884", "title": "", "text": "Don't get all the hype about Tesla. They can't make a profit and they can't deliver their products on time and yet everyone has such high hopes for Musk and his vision. What am I missing?   Edit: Thank you for the replies. This is leading to some great discussion. (Although have to agree with some comments below that getting downvoted for raising reasonable business questions in a biz sub is frustrating.)   Adding a few things that still trouble me- Tesla burned through $1.2 billion in cash in the second quarter, almost double the $622 million it went through in the first quarter AND $2 billion spending is forecast for the second half of the year. Negative cash flow aside, a lot of the hype is focused on the Model 3. But how about cannibalization of Model S and X from Model 3?  There seems to be a somewhat fanatical following of Tesla and Musk but I do wonder if other carmakers that are ramping up their electric vehicles and self-driving R&amp;D and have their finances in order isn't a safer bet."}
{"_id": "487889", "title": "", "text": "My experience is that grumbling and being bitter is a self fulfilling prophecy.  If you can't accept the arrangement you entered into and are going to grumble and be bitter, you are less likely to do anything real about changing that situation, and just continue to grumble and be bitter."}
{"_id": "487890", "title": "", "text": "\"An alternative to a savings account is a money market account.  Not a bank \"\"Money Market\"\" account which pays effectively the same silly rate as a savings account, but an actual Money Market investment account.  You can even write checks against some Money Market investment accounts. I have several accounts worth about 13,000 each.  Originally, my \"\"emergency fund\"\" was in a CD ladder.  I started experimenting with two different Money market investment accounts recently.  Here's my latest results: August returns on various accounts worth about $13k:  - Discover Bank CD:  $13.22  - Discover Bank CD:  $13.27  - Discover Bank CD:  $13.20  - Discover Savings:  $13.18  - Credit Union \"\"Money Market\"\" Savings account:  $1.80  - Fidelity Money Market Account (SPAXX):  $7.35  - Vanguard Money market Account (VMFXX):  $10.86 The actual account values are approximate.  The Fidelity Money Market Account holds the least value, and the Credit Union account by far the most. The result of the experiment is that as the CDs mature, I'll be moving out of Discover Bank into the Vanguard Money Market account. You can put your money into more traditional equities mutual fund.  The danger with them is the stock market may drop big the day before you want to make your withdrawl... and then you don't have the down payment for your house anymore.  But a well chosen mutual fund will yield better. There are 3 ways a mutual fund increase in value: Here's how three of my mutual funds did in the past month...  adjusted as if the accounts had started off to be worth about $13,000: Those must vary wildly month-to-month. By the way, if you look up the ticker symbols, VASGX is a Vanguard \"\"Fund of Funds\"\" -- it invests not 100% in the stock market, but 80% in the stock market and 20% in bonds.  VSMGX is a 60/40 split.  Interesting that VASGX grew less than VSMGX...but that assumes my spreadsheet is correct.  Most of my mutual funds pay dividends and capital gains once or twice a year.  I don't think any pay in August.\""}
{"_id": "487901", "title": "", "text": "Sprint has a great brand, but needs cash to roll out their LTE network faster.  Wimax was an unfortunate requirement of their spectrum allocation wherein if they did not use it, they lost it. So Wimax should really never have existed for Sprint, but they had to do it.  So I think based on what Softbank has done in other markets this is a good thing. It looks like at the very least it'll put another $3 billion directly into the US LTE roll out-- which means a faster than previously announced rollout (which in terms of markets was pretty good despite the overall lacking of availability).  I hope New Sprint pulls it together and gives Verizon &amp; AT&amp;T a run for their money. They werent going to last too long otherwise."}
{"_id": "487903", "title": "", "text": "Cleaning the dirty clothes on your own and then ironing them out is quite a tough and time consuming task even if you have the washing machine to ease the process. It is still a whole lot trouble to do on your own since if nothing else then at least you have to give time for machine washing; as a result you can\u2019t plan outings."}
{"_id": "487918", "title": "", "text": "I don't believe most do it on purpose. Its a function of two things.  1) Markets are relatively efficient, so generating profits off of publicly available information is rare.  2) Analysts cannot ethically nor legally make  recommendation based on material non-public information.  That leaves them with using public information and building out s model to estimate earnings and therefore share price as best as possible. The problem is that estimating earnings is notoriously difficult. Every model is subject to garbage-in-garbage-out. All analysts start with some of the same basic assumptions and then tweak them based on their best guess. Take enough analysts and you've now replicated roughly what all investors are doing in the marketplace, meaning as a whole analysts won't be more accurate than the market.  The only way to generate above market returns is for you to consistently pick the analyst with the right recommendation. If only it were so easy...  Furthermore, analysts tend to make similar recommendations due to biases. Their initial model may have said 'buy' for GE, but they realize no other analysts have a buy rating on the stock. They're more likely to go back and revise their guesses to something more inline with their peers - its less risky to be with the crowd!  TL;DR  Security selection is hard and outperformance without MNP is unlikely over the long term.  I am no longer in the industry. After 2.5yrs as an analyst and going through the CFA curriculum I've learned that there are VERY few opportunities for out performance, especially so on a risk adjusted basis."}
{"_id": "487929", "title": "", "text": "You admire people who inherited large sums of money, hasn't even beaten inflation with it, and has a record of starting projects with investor money then declaring bankruptcy? You should probably realign your priorities. Anyone could be worth as much as Donald Trump with the same headstart."}
{"_id": "487956", "title": "", "text": "Sovereign Inn group offers its guests quality Newcastle Accommodation Services. The area is full of activity, culture, and home to many festivals, theaters and attractions. If you want to proceed with the reservations, book the rooms online and get instant confirmation for the bookings done online. Contact at: 02-6452-1366."}
{"_id": "487958", "title": "", "text": "As an employee of an (apparently) different one, us consultants earn more revenue than the auditors.  Also, there is nothing flavour of the week about consulting... 3 of the Big4 are desperately trying to regain the consulting arms they sold off in the 2000s because of the perceived conflicts of interest after the Enron collapse."}
{"_id": "487975", "title": "", "text": "She is very wrong.  If the IRA is a traditional, i.e. A pretax IRA (not a Roth), all withdrawals are subject to tax at one's marginal rate. Read that to mean that a large sum can easily push her into higher brackets than normal. If it stayed with her, she'd take smaller withdrawals and be able to throttle her tax impact.  Once she takes it all out, and gifts it to you, no gift tax is due, but there's form 709, where it's declared, and counts against her $5.5M lifetime estate exemption.  There are a few things in the world of finance that offend me as much as lawyer malpractice, going into an area they are ignorant of."}
{"_id": "487977", "title": "", "text": "You're not an engineer, are you?  It is an exchange, work for pay. The whole idea of 'joint community' went out the window with outsourcing, arbitrary layoffs because the boss thought he should sack 10%, and worst of all - HR, treating people as line replaceable units  Engineers were never particularly bought into the touchy feely crap, and they are certainly empirically minded enough to reflect the above reality back - zero loyalty on both sides."}
{"_id": "487980", "title": "", "text": "The collapse of the US economic system is one of the many things I am preparing for. To answer the how, me personally I am doing some investing in gold and silver. However I am investing more in the tools, goods and gear that will help me be independent of the system around me. In short nothing will change for me if the US dollar goes belly up. A book I recommend is Possum Living (http://www.possumliving.net/). Other than that I am investing in trade goods such as liquor, cigarettes, medical supplies."}
{"_id": "487988", "title": "", "text": "The funny thing is that mom &amp; pop type establishments usually prefer cash due to the merchant charges they have to pay to the credit card companies. Some of these are percentage-based &amp; others are fixed like a per-transaction charge. In the long run, accepting 10k USD wouldn't be enough. They would lose more than that in people who don't have a card on them vs accepting both cash and cards."}
{"_id": "488004", "title": "", "text": "Let's be real, at this point in time it was pretty well known that these 3 banks weren't going to be allowed to fail no matter what (Goldman Sachs failing lol) . And Buffet is privy to a lot more information than your average investor. Let's not act like he was some heroic figure. Good investment, sure."}
{"_id": "488009", "title": "", "text": "$15 - $5 = $10 How did you possibly buy a put for less than the intrinsic value of the option, at $8.25 So we can infer that you would have had to get this put when the stock price was AT LEAST $6.75, but given the 3 months of theta left, it was likely above $7 The value of the put if the price of the underlying asset (the stock ABC) meandered between $5 - $7 would be somewhere between $10 - $8 at expiration. So you don't really stand to lose much in this scenario, and can make a decent gain in this scenario. I mean decent if you were trading stocks and were trying to beat the S&P or keep up with Warren Buffett, but a pretty poor gain since you are trading options! If the stock moves above $7 this is where the put starts to substantially lose value."}
{"_id": "488015", "title": "", "text": "\"IMHO It is definitively not too early to start learning and thinking about personal finances and also about investing.  If you like to try stock market games, make sure to use one that includes a realistic fee structure simulation as well - otherwise there'll be a very unpleasant awakening when switching to reality... I'd like to stress the need for low fees with the brokerage account! Sit down and calculate how much fees different brokers take for a \"\"portfolio\"\" of say, 1 ETF, 1 bond, 1 share of about $500 or $1000 each (e.g. order fee, annual fee, fee for paying out interest/dividend).   In my experience, it is good if you can manage to make the first small investing steps before starting your career. Real jobs tend to need lots of time (particularly at the beginning), so time to learn investing is extremely scarce right at the time when you for the first time in your life earn money that could/should be invested. I'm talking of very slowly starting with a single purchase of say an ETF, a single bond next time you have saved up a suitable amount of toy money, then maybe a single share (and essentially not doing anything with them in order to avoid further fees). While such a \"\"portfolio\"\" is terrible with respect to diversification and relative fees*, this gives you the possibility to learn the procedures, to see how the fees cut in, what to do wrt taxes etc. This is why I speak about toy money and why I consider this money an investment in education. * An order fee of, say, $10 on a $500 position are terrible 4% (2 x $10) for buying + selling - depending on your local taxes, that would be several years of dividend yield for say some arbitrary Dow Jones ETF. Nevertheless, purchase + sale together are less than 3 cinema tickets.\""}
{"_id": "488023", "title": "", "text": "&gt; Note: Middle class is defined as falling between the 30th and 80th income percentiles.  Where the hell did this definition come from?  I've always heard it defined as the middle 50%, excluding the bottom 25% and top 25%.  They seem to be using a definition shifted 5% above that which seems odd."}
{"_id": "488037", "title": "", "text": "Money Manager Ex PROS: CONS"}
{"_id": "488038", "title": "", "text": "What about giving back as a form of advertizing? Like the Adopt a Highway program (which will put up a sign saying that your company has adopted that part of the highway) or donating some of your items to be sold as a fund raiser and have your tags on them.  I feel like this is both a way to give back and a way to promote myself...  Is that wrong?"}
{"_id": "488055", "title": "", "text": "1 lot is 100 shares on London stock exchange"}
{"_id": "488071", "title": "", "text": "Logistics. There's no way our current system can keep up with the expected of growth of online sales . At some point you'll need a local warehouse to door network or an Uber like system that can move from major shipping points to the consumer directly. It'd be like an on call warehouse direct to consumer eco system without the need for massive sorting centers like the one that UPS has in Louisville KY.  Amazon has it with Amazon Now but that's proprietary if someone were to create an independent entity it would be Gold."}
{"_id": "488081", "title": "", "text": "\"No hope for you, my friend. Your life is over. Smile. Not true at all. If there's anything America is all about it's redemption and starting over. In fact, starting over is our middle name: United Starting Over States of America. Ulysses Grant failed once as a farmer and twice as a businessman before he became, well, U.S. Grant, major hero and president. He also graduated near the bottom of his class at West Point -- as did Sen. John McCain from the Naval Academy. John F. Kennedy had basically a C+ average in high school and his daddy weaseled JFK's way into Harvard, and he didn't turn out too badly. Other than the assassination, I mean.   The idea that your grades or your former life have much to do with your later life seems logical. But it's also not very accurate. Grades predict very little. Many people who screwed up pretty badly, later became very successful.   So, stop even worrying about past grades or your silly DUI. If I were applying, in fact, I'd write my essay about redemption, mentioning the DUI as a life turning point and noting that you no longer drink because of it. Unlike some other college students, ahem ahem ahem. They may be relieved to hear from an older student who has reformed his life, a type of student colleges very much like as opposed to little 18 year old children who get drunk all the time of which they have quite enough, thank you very much.   I'd also attack the bad grades from a few years ago problem by enrolling in a local college in some way (perhaps they have an extension program or maybe you have a junior college nearby). Take a group of solidly academic courses (perhaps including business course) and do very well in them. I'd take two or three at a time, giving you time to focus on them deeply. Do what you need to do to do well -- talk to the professor early in the course about the course themes and goals (and so they know who you are), work well ahead of time on all papers and edit, edit, edit them. Study like crazy for every test. Use available review books. Get a tutor if you need one, preferably someone at the college who has taken the class. Talk to others who have taken the class before you for their advice. Also talk to the professor about how best to review for each test -- meet with them a week before the test to \"\"go over\"\" your questions. A good approach is for you to say that you think \"\"such and such\"\" are the main themes so you'll be studying them for the test. Few professors can risk correcting you if those are not the main themes. This can be immensely helpful to you in getting your focused on what you need to study (meaning what they plan to ask about on the test). As a former teacher, I always corrected students who misunderstood major course themes or were focusing on trivia rather than larger issues and problems. This also sends the message that you are a hard worker, likely giving you some benefit of the doubt (\"\"89? Oh, heck, give him an A-\"\").   With a few tough courses with good grades behind you, you have a much stronger record to apply with. And this shows you are serious since you went out of your way to take these courses.   Broader your view of \"\"top tier\"\" schools as many schools that are not in the Top Ten silliness will offer programs that are just as good. Then research your \"\"top tier\"\" schools to find out what kind of student they're looking for. Do they want someone who has done something different? Someone who took some time off (like you!) to travel and work? Emphasize this in your application. Emphasize your extra effort to take courses, your job, your maturity and experience. Colleges love that. Whatever kind of application essay you write, make it about your life and how it's shaped you, your outlook and your efforts. And make sure it's carefully edited -- not mistakes, no bad grammar, no spelling mistakes, etc. Perfect. Get and English teacher or someone you trust to advise you on it.   No, of course you are not wasting your time. Just make every reasonable effort to make schools want to accept you, and every reasonable effort to prepare well for more college. That is, after all, all you can really do. Then whatever happens work hard and do your best.\""}
{"_id": "488096", "title": "", "text": "Hopefully they're not as hideous as the Prius.   Good luck to Ford, the only company that hasn't taken billions from tax payers but still has to compete with government subsidized companies (which have constant recalls and failures) instead of being rewarded for their prudence."}
{"_id": "488100", "title": "", "text": "\"It's a good question, but it turns into a general 'how to invest' question.  You see, the cliche of \"\"invest the difference\"\" simply point to the ripoff the other two answers discuss. And it doesn't specify how to invest, only that this money should be put to work as long term investments.  The best answer is to find the asset allocation appropriate for your age and risk profile. It can be as simple as a low cost S&P ETF, or as complex at a dozen assets that include Stocks, both Domestic and Foreign, REITs, Commodities, etc. It's not as if the saved funds get segregated in a special account just for this purpose, although I suppose one can do this just as others have separate funds for retirement, emergency, vacation, college, etc.\""}
{"_id": "488110", "title": "", "text": "I think Starbucks makes it difficult for Burger Places.  Years ago it was unheard of to spend 4 or 5 bucks on a drink.  Now Starbucks is taking fast food places out of the market unless they have something light, or that at least taste light. So a person can  feel comfortable eating at a Burger joint and still purchase Starbucks drink later in the day or vice versa.  Also, all the other fast food restaurants have been molasses like slow to breakfast. Fast food chains in the future need to carve the brand out of breakfast and prominent light tasting options. And they should be able to take some of Subways and Starbucks market share."}
{"_id": "488113", "title": "", "text": "Oh, man, you are in for a life of disappointment if you think it's this easy. Ask your dad why he didn't think of this idea years ago. Owning and maintaining a business is quite difficult, and the business owners I know are stressed out and work hard just like everyone else. (Except with the added benefit that many people hate them and say that they've only been successful due to dishonesty.)  But, if you want to start, look at your profit and loss statement (you do calculate one, right?) and determine how much additional fixed cost you can afford. Look into local employment law with your lawyer and determine how much an employee would cost. Then figure out the duties you want them to do, and check local job postings to see if someone in your local labor market will meet those needs for the compensation you can give. If so, determine the value of those contributions. If the value is greater than the costs, go ahead and hire. Rinse and repeat."}
{"_id": "488117", "title": "", "text": "My logic for prices was this: S&amp;P500/indexes price is based on the overall market for S&amp;P500, generally. So my thought was that it should be correlated to the price of the Vix because as market volatility occurred, the price of the Vix would go up and vice Versa when the market goes down. However, I just started running these analyses as a side project and am still learning the right measures to make better observations. So I'm all for any advice in that regard."}
{"_id": "488127", "title": "", "text": "I would like to offer a different perspective here.  The standard fee for a credit card transaction is typically on the order of 30 cents + 2.5% of the amount (the actual numbers vary, but this is the ballpark). This makes small charges frequently unprofitable for small merchants. Because of this they will often have minimum purchase requirements for credit/debit card payments. The situation changes for large retailers (think Wal-mart, Target, Safeway, Home Depot). I cannot find a citation for this right now, but large retailers are able to negotiate volume discounts from credit card companies (a guy who used to work in finance at Home Depot told me this once). Their transaction fees are MUCH lower than 30 cents + 2.5%. But you get the same reward points on your credit card/debit card regardless of where you swipe it. So my personal philosophy is: large chain - swipe away without guilt for any amount. Small merchant - use cash unless it's hundreds of dollars (and then they may give you a cash discount in that case). And make sure to carry enough cash for such situations. When I was a student, that was about $20 (enough for coffee or lunch at a small place)."}
{"_id": "488129", "title": "", "text": "\"Non-economist: \"\"This one irrational thing happened! How can you say market are rational?\"\"  Economist: \"\"This one irrational thing happened. Perhaps markets are slightly less rational than previously thought. Or perhaps it's noise in the expected amount of irrationality. I wonder how my index funds are doing.\"\"  Not saying markets are rational, but you need more than that. If you work in finance, weak efficiency is likely why your job is socially useful. Unless it isn't.\""}
{"_id": "488141", "title": "", "text": "I'm curious as what you guys consider reputable sources?        NYT? WSJ? Financial Times? Your trust in the mainstream media blows my mind. The blogosphere is a million miles ahead of traditional media. And there's a little thing called [manufacturing consent](http://en.wikipedia.org/wiki/Manufacturing_Consent:_The_Political_Economy_of_the_Mass_Media) that makes MSM act like gov propaganda outlets.        Also, this article is amazing. They were bid rigging very blatantly when they knew they were being recorded."}
{"_id": "488145", "title": "", "text": "\"There is only one way to create \"\"stable\"\" income using options: write COVERED calls.   This means you must own some stocks which offer an active and liquid option market (FB would be good; T would be useless.) In other words, you need to own some \"\"unstable\"\" stocks, tickers that have sometimes scary volatility, and of course these are not great stocks for a retiree. But, let's assume you own 500 shares of FB, which you bought in June of 2015 for $75.    Today, you could have been paid $2,375 for selling five Mar18'16 $105 Calls. Your reasoning is:  So, the rule is: ONLY SELL COVERED CALLS AT A PRICE YOU WOULD BE HAPPY TO ACCEPT.    If you follow the rule, you'll generate more-or-less \"\"stable\"\" income. Do not venture off this narrow path into the rest of Option Land. There be dragons.     You can select strike prices that are far out of the money to minimize the chance of being exercised (and sweeten the deal by collecting an even higher price if the stock flies that high).    If you are thinking about doing this, study the subject thoroughly until you know the terminology backwards and forwards. (Don't worry about \"\"the greeks\"\" since market makers manipulate implied volatility so wildly that it overrides everything else.)\""}
{"_id": "488207", "title": "", "text": "The main reason to exercise the shares sooner rather than later is that you have to hold the shares for 1 year to gain access to the long-term capital gains rate when you sell your shares. You do not want short-term capital gains rates to apply to these shares when you sell them. If the company is unable to go public and sells privately, you may not have any choice but to sell your shares immediately. If the company goes public you will simply have to hold your shares for a year after you buy them before selling to get the lower tax rate."}
{"_id": "488226", "title": "", "text": "Student homes are not like home loans. The housing bubble happened in large part because people didn't care about the size of the loan. They intended to flip their house in a couple years and sell it for a profit. You can't resell an education.   &gt; Certainly it is better than the current system which guarantees student loans to benefit the bankers.  That doesn't exist any more. For the last couple of years only the government can offer government-backed student loans."}
{"_id": "488228", "title": "", "text": "In Germany in our discounters very often we have such store-owned off-brand boxes which look quite bland, but the content is not rarely made in the same factory as the higher priced brand. It just looks like that to save on marketing costs.  Obviously it's not always like this but if you do some research you will find that sometimes cheaper knockoff brands even belong to the same parent company and/or are made at the same location as the premium product."}
{"_id": "488258", "title": "", "text": "A Lease is an entirely different way of getting a car. In two situations it makes sense, in all other scenarios it generally doesn't make sense to lease. In the case of always wanting a new car every 2 or 3 years it can make sense to lease. Of course if you drive more the allowed miles you will pay extra at the end of the lease. If you can take the monthly lease as a business expense leasing makes sense. Otherwise you want to pay cash, or get financing. Does zero percent make sense? Sometimes. The only way to make sense of the numbers is to start with your bank, have them approve of the loan first. Then armed with the maximum loan amount they will give you and the rate and the length of the loan, then visit the dealer. You have to run the numbers for your situation. It depends on your income, your other expenses, your credit score, your bank, what deal the dealership is running, how much you have for a down payment. Here is an example. For a recent loan situation I saw: 36 months, 1.49% rate, 20K loan, total interest paid: ~$466. Armed with that information can the person get a better deal at the dealership? There was only one way to find out. In that case the credit union was better. The rebate was larger than the interest paid."}
{"_id": "488273", "title": "", "text": "We provide the best handbags and clutch bags in New York city. The luxury of these bags, like the fabulous Nest rock star Satchel in glazed black leather and gold studs, is in their design. Our company product is leather handbags, cross body bags, wristlets, school bags, Triple zip satchels and much more. We use in all our product best quality material. If you want to any bags, you can visit our company website and find a lot of a product in the search directory."}
{"_id": "488278", "title": "", "text": "Well, what I would do would be to read every journalist's article on the subject, every academic paper, and the appropriate chapters from the CFA curriculum. I'd write down everyone's name (authors and those mentioned) and then email call them for advice. I'd try to find out who those players are, what their specific philosophies are, and then find someone i thought was really smart, had an investment philosophy that I agreed with, wasn't a dick, and then I would call them.   By the way, Warren Buffett went to Columbia to learn specifically under Ben Graham. Prior to graduation, Buffett said he'd like to work at Graham Newman for free, such was the value of the education. Benjamin Graham told him (Warren), he wasn't worth that much.   You or I literally have nothing to offer these guys that they can't get somewhere else (smarts, hard work, etc) for better. I'd be humble, attentive, and humble (did I say that already). There's an intellectual honesty that comes with admitting you don't know anything (but are willing to learn) that is very much important.  That's what I would do. Did any of that help?"}
{"_id": "488285", "title": "", "text": "The curved lines (on my screen orange, yellow and pink) are simple moving averages.  The fuchsia and blue straight lines are automatically generated trend lines.  Those lines are attempting to show how a stock is trending by showing potential bounce points and are commonly used in technical analysis (TA)."}
{"_id": "488287", "title": "", "text": "\"To be at a dinner next to a \"\"big shot at a giant Wall Street investment bank\"\" to me makes me think they weren't at Applebee's. This guy went to Princeton. This may be a huge generalization but that sounds like a privileged life. Luck would be Eddie Murphy begging on the street when 2 old farts make him a partner in the company. That's lucky as hell. This dude is ivy league and thus run in the circles of success plus he also delivers the goods as a writer. It turns out he's successful. To me it's not really *that* lucky it's more about the cultivation of opportunities and focus.\""}
{"_id": "488288", "title": "", "text": "It's the same thing as employer-provided healthcare.  It's insane that we still put those burdens on employers and not society at large.    I'm in Canada, and I don't think the issue of maternity leave is nearly so hard on companies here and we also have public health care coverage.  Because we do not mandate paternity leave, there is some talk about women who just hang on to their jobs for 3-4 years while they have 2-3 children, always planning their pregnancies at the exact right time to maximize their maternity leave.  The best way to handle this seems to be mandating equal leave for both parents and removing the burden from employers by having it publicly funded."}
{"_id": "488290", "title": "", "text": "You're absolutely right.  That is why I eat at local restaurants instead of fast food.  I get better food at a lower price.  The real problem with fast food is institutional.  Typically, you have a large public corporation with shareholders.  I do not like shareholders.  They usually want maximum returns, but they don't care about the business.  They don't have to work there and they do not make choices about the food or anything else.  They only care about money.  Further, most fast food chains are run by franchisees.  They care more about the product, but there's still a lot of profit motive and they don't have much, if any, control over corporate.  So you end up with competing interests driven by profits and, with that many people demanding money, the product suffers and prices go up.  I think this is a *terrible* model for delivering a quality product.  All the forces at play are trying to cheapen things and increase profit.  A small family-run restaurant doesn't have these problems.  They know they need to make a good product at a fair price or they go out of business.  Without all the grasping hands, that's an easier and less expensive thing to do.  Which is why the small local restaurants get my business.  They give me a better product at a lower price.  I don't think a company like McDonald's is capable of that unless they go private, throw out their shit food and focus on delivering quality at a fair price.  That's just not possible with a shareholder/franchise business model.  It is not efficient."}
{"_id": "488294", "title": "", "text": "Turns out the verge isn't a good source. NYC bans rentals for short stays unless physical requirements are met within the building itself.   Again, not out right ban. You're a very dumb person.   Also, regulation has still crushed supply in NYC so my point, despite your whining and moving the goalposts to help yourself out, still remains."}
{"_id": "488303", "title": "", "text": "Oversimplifying the market into very basic supply and demand doesn\u2019t reflect the way real markets behave. Your example of apple pickers fails to take in to consideration supply from regions where labor costs are significantly lower. If apples grown in the US cost $15 a bag consumers would just buy imported apples that cost significantly less. The result could be US apple farmers are no longer able to compete in the market."}
{"_id": "488326", "title": "", "text": "Trying to engage in arbitrage with the metal in nickels (which was actually worth more than a nickel already, last I checked) is cute but illegal, and would be more effective at an industrial scale anyway (I don't think you could make it cost-effective at an individual level). There are more effective inflation hedges than nickels and booze. Some of them even earn you interest. You could at least consider a more traditional commodities play - it's certainly a popular strategy these days. A lot of people shoot for gold, as it's a traditional hedge in a crisis, but there are concerns that particular market is overheated, so you might consider alternatives to that. Normal equities (i.e. the stock market) usually work out okay in an inflationary environment, and can earn you a return as they're doing so.... and it's not like commodities aren't volatile and subject to the whims of the world economy too. TIPs (inflation-indexed Treasury bonds) are another option with less risk, but also a weaker return (and still have interest rate risks involved, since those aren't directly tied to inflation either)."}
{"_id": "488329", "title": "", "text": "Zinc is a naturally occurring element found in the Earth\u2019s crust. It\u2019s a bluish-white element, which is relatively hard and brittle in its metallic state. At present, it is the fourth most consumed metal and about 50% of it is used in zinc galvanizing processes to prevent rusting of steel and iron. Just a thin layer of zinc can work as an efficient corrosion-resistant barrier."}
{"_id": "488330", "title": "", "text": "\"&gt;  they need to raise the tax on capital gains and other investment income  Good luck getting a republican house and senate to vote for this.  Change \"\"they need to\"\" to \"\"people need to\"\" because if you don't vote, like half the country, this won't change anytime soon.\""}
{"_id": "488334", "title": "", "text": "\"OK, there is no way in hell that  a stranger should have your contact details. there is no way in hell that a stranger should be able to determine your name from that account number unless you are previously known to them. Have they explained to your satisfaction how any previous relationship was established? It was correct to direct them back to their own bank or their branch manager if they bank with the CBA. There are procedures in place for this, and you are in the clear if the bank handles it. Even there is a previous relationship, and you are in their address book, think long and hard about their \"\"bona fides\"\". It may not have been a scam they may have had fat fingers and be genuinely out of pocket now. It is SOP that if you refuse to refund the money the banks will become less helpful. (EDIT - you have consented to retrun the money). EDIT  - IF you had not consented... Disclosure: I am a former CBA employee and a 20 year veteran of NetBank, and these are my own opinions.\""}
{"_id": "488337", "title": "", "text": "\"Liberals scream from the mountaintops how college should be \"\"free\"\" but never talk about why a college degree has outpaced inflation and costs so much to begin with... hmmm who runs the academic industry...oh ya, liberals.. why would they want to end the honeymoon they've been on for the last 20+ years.\""}
{"_id": "488338", "title": "", "text": "\"I will solely address your fear because from what I read you fear investing in something that could possibly go down in the future.  This is almost identical to market timing, so let's use the SPY as an example.  Look at the SPY on Yahoo Finance, specifically in 2011.  The market experienced a little bit of a pull back during the year, and some \"\"analysts\"\" claimed that it would fall below 600 (read this).  In fact, a co-worker of mine said that he feared buying the S&P 500 in 2011 (as well as in 2010), so he bought gold (compare the two from 2011 to now - to put it bluntly he experienced 50% less gain than I did). Did the S&P 500 ever fall below 600 in that timeframe, or according to the linked analyst (there were plenty of similar predictions then)?  No.  If you avoid doing something because you're afraid it could drop, technically, you should be just as afraid of it rising (Fear of Losing Everything, FOLE, vs. Fear of Missing Out, FOMO - both are real).  That's not to say invest out of fear, but that fear cuts both ways, and generally, we only look at it from one side. Retirement investing should be a boring, automated process where, ideally, we don't try and time the market (though some will try, and like in 2011, fail).  If you can't help your fear, you can always approach retirement investing with automated re-balancing where you hold some money in \"\"less risky\"\" forms and others in \"\"higher risk\"\" forms and automate a rebalance every month or quarter.\""}
{"_id": "488350", "title": "", "text": "Although off road bikes are designed to be powerful and durable, their body parts also get damaged due to wear and tear. You should not forget to perform routine checks on them for making sure that your bike is in excellent condition. All bikes including dirt bikes need proper maintenance."}
{"_id": "488354", "title": "", "text": "Boston has tons of space in the metropolitan area.  Boston is tiny in land size, but you have tons of good towns and areas within 15 miles of the city where you could put a huge campus.  You already have Raytheon scattered throughout the greater Boston area with multiple large campuses.  They could build from the ground up and also have loads of commercial real estate place they could rent as needed."}
{"_id": "488360", "title": "", "text": "Alright so so far the info I got is the fact that the guy seems to be honests and is a guy who wants to own every snicker he can. He is offering me 650\u20ac for me to pick them up with him. I am going there myself at 3.30pm on Saturday, I'll keep you updated :)"}
{"_id": "488364", "title": "", "text": "\"&gt; If a firm is soliciting capital, it's highly suspect,   Way too generalizing. It needs to be distinguished that \"\"if a mega fund\"\" is \"\"routinely soliciting\"\" capital it should be suspect.   Funds like Elliott opening up for a 24 hour capital raising once every 5-10 years because Singer thinks an opportunity will present itself to deploy capital in the next year or two is not suspect.   Likewise, PM's spinning off from megafunds and trying to raise their first billion AUM after their first seed is locked is not suspect.\""}
{"_id": "488366", "title": "", "text": "If you're the type of moron that keeps several thousand dollars sitting in their checking account then you're either a 1st generation immigrant or just insanely bad with money. And still think going around insulting people is smart. Literally the worst."}
{"_id": "488379", "title": "", "text": "The thing is that we never asked for these services. The banks and the merchants did. These companies build profiles **against** you to provide your credit info to any creditor who asks. Then they bill you so that they will not hand out your identity to criminals for a period of time. Great fucking system."}
{"_id": "488424", "title": "", "text": "Yes, I'm still kind of puzzled as to how they just seemed to have the world's money supply just given to them to dole out as they pleased.  I owe a Rothschild, though. They actually had one, a Lord, on noon TV here. He was in town from England for a Toronto tea convention and gave a 5 minute lesson on the news on how to make the perfect cup of tea.  The key point was to keep the interior of the POT clean. Worked, the tea was, and still is, great, thanks Lord Rothschild!"}
{"_id": "488439", "title": "", "text": "What happens to a minor if the parents are missing, or incapacitated, or deceased should be planned now, and not end up a matter for the courts to decide.  You might need to sit down with a family lawyer as well as a fee based financial planner, to make sure you have addressed all the relevant details. These details would include where they would live, money, and what the money should be used for."}
{"_id": "488459", "title": "", "text": "Hmm.. almost poetic.  As someone who has worked for startups and firms as an consultant, and is an investor I have a unique insight on both aspects, so I really enjoyed this rant. I don't know if I necessarily agree with what she says, but I think what it comes down to is the uniqueness for every given situation.  I've seen firms do a ~3 month project for 1.2million dollars. I've seen startups fail. I've seen startups not require investment money. If anything, no two situations have been alike actually.  From the investment aspect, roughly 1 in 10 companies that receive investments do not fail, so it is an extremely risky business. The author has no insight to this aspect which explains her rant.  From a coder standpoint, it is EXTREMELY frustrating being told a project has to be a certain way that will most likely guarantee its failure, or generally fuck it over, and it is being commanded from a high up 'investor' that never speaks to the software engineer directly."}
{"_id": "488462", "title": "", "text": "I liked having HTC as an option but the last smartphone I bought from them failed after 5 months of use (screen completely failed to turn on unlike the rest of the phone) and they wouldn't even honor the warranty because I didn't buy it directly form a carrier. Shitty phones and shitty service is no surprise."}
{"_id": "488464", "title": "", "text": "I appreciate the effort you put into this but the post is mostly nonsense and covers a very thin argument. I suggest you beef up your info bank first so you can come up with a more decent entry next time. ciao"}
{"_id": "488466", "title": "", "text": "Inequality feeds volatility.  Too much money in too few hands.  The money is hot.  It is either hoarded or wagers are placed on rent seeking investments.  Precious little is invested in plant or equipment.  Wages are too low.  We unlearned everything Keynes taught us from the Great Depression.  That's why the down cycles are stronger and the up cycles are weaker.  Low wages are why labor participation is falling.  Yes, Virginia there is a Santa Claus, but he can't help us from our determined efforts to sabotage our own economy."}
{"_id": "488470", "title": "", "text": "I wouldn't say it's an 'Office' collaboration tool. When I (briefly) played around with it in an organisation it was mainly for internal social, think along the lines of a corporate Facebook with discussion threads, interest groups and general banter.  For a large organisation, it certainly has a place in helping breaking down department walls, encouraging employee discussion on interests/business issues in a a slightly more formal environment cf. Twitter/Facebook."}
{"_id": "488519", "title": "", "text": "Get really good at Excel.  Make it a goal to have it become a specialty of yours.  Practice the basics, learn to create models, read books on it, watch videos etc.  As far as publications, just try and get to the usual suspects on a daily basis.  WSJ, Economist, CNN Money, Yahoo Finance, Seeking Alpha, etc."}
{"_id": "488523", "title": "", "text": "\"At times the issue seems to be one of  reading comprehension and general information processing. Regardless of length or depth, an email allows for both clarity of message and a persistent record to refresh from. Yet people default  to these hugely inefficient meetings.   Modern meetings also seem to suffer from an issue with mob rule. Very rarely do meeting \"\"coordinators\"\" do anything but kick off meetings, instead of acting as a whip/coordinator. Everyone puts more value on a faux-friendly workplace than an efficient one, so no one is willing to be the heavy that keeps the meeting focused and on schedule.\""}
{"_id": "488524", "title": "", "text": "The real reason for America's success is mainly that the King of England actually gave people property rights in N. America to encourage people to settle here, which shockingly enough actually worked and encouraged people to move over here and invest in building a new life. It's not a coincidence that the people moving were religious minorities who had been persecuted. When we rebelled, preserving those property rights (along with establishing liberty/freedom) was of very high importance when the Constitution/Declaration of Independence was written. When people have legal recourse to protect their property they unsurprisingly try and produce more and better property."}
{"_id": "488546", "title": "", "text": "Recommended? There's really no perfect answer. You need to know the motivations of the participants in the markets that you will be participating in. For instance, the stock market's purpose is to raise capital (make as much money as possible), whereas the commodities-futures market's purpose is to hedge against producing actual goods. The participants in both markets have different reactions to changes in price."}
{"_id": "488556", "title": "", "text": "Why would somebody want an IRA if they have a 401K and a Roth 401K?"}
{"_id": "488566", "title": "", "text": "Yes. The bank is right. The funds need to be deposited in NRO account. Under the liberalised remittance scheme, you can transfer upto 1 million USD per year. There are prescribed forms that need to be signed by a CA (essentially stating taxes are paid). You can then move this out of India."}
{"_id": "488574", "title": "", "text": "Good professional tax advice is expensive. If your situation is simple, then paying someone doesn't give you more than you could get from a simple software package.  In this case, doing your own taxes will save you money this year, and also help you next year, as your situation grows steadily more complex. If you don't do your own taxes when you're single with a part time job, you'll never do it when you have a family, a full time job, a side business, and many deductions. Learning how to do your taxes over time, as your 'tax life' becomes complex, is a valuable skill. If your situation is complex, you will need pay a lot to get it done correctly. Sometimes, that cost is worthwhile. At bare minimum, I would say 'attempt to do your taxes yourself, first'. This will force you to organize your files, making the administrative cost of doing your return lower (ie: you aren't paying your tax firm to sort your receipts, because you've already ordered them nicely with your own subtotals, everything perfectly stapled together). If your situation is complex, and you find a place to get it done cheaply (think H&R Block), you will not be getting value for service. I am not saying a low-end tax firm will necessarily get things wrong, but if you don't have a qualified professional (read: university educated and designated) doing your return, the complexities can be ignored. Low-end tax firms typically hire seasonal staff, train them for 1-2 weeks, and mostly just show them how to enter tax slips into the same software you could buy yourself. If you underpay for professional services, you will pay the price, metaphorically speaking. For your specific situation, I strongly recommend you have a professional service look at your returns, because you are a non-resident, meaning you likely need to file in your home country as well. Follow what they do with your return, and next year, see how much of it you can do yourself. Before you hire someone, get a fee quote, and shop around until you find someone you are comfortable with. $1k spent now could save you many headaches in the future."}
{"_id": "488609", "title": "", "text": "Generally, if you have a loan, you have a credit score. But since you have never had a loan before, then it is likely that you do not have a credit score. You should not be worried if you aren't planning on applying for credit and/or loans. If you are wanting to purchase a house, car, or even just having a credit card, you should work on obtaining a secure loan so then you can establish history.  Most of the time you have to pay to view your credit score. By law, you can obtain a free copy of your credit report, which it sounds like you have at annualcreditreport.com, which only shows your payment history, but in order to view your credit score, you generally have to pay for it."}
{"_id": "488615", "title": "", "text": "Since the bondholders have voted to reject the emergency manager's plan, which would have paid them pennies on the dollar, the city is now attempting to discharge its short-term and long-term debt. If they get what they want in court, it is likely these bonds will become worthless. Even if they are only able to restructure the debt, its likely that bondholders will need to accept large concessions. However, this may not be immediately reflected in bond prices as it's very possible that the market for these bonds will be very limited in terms of who they could sell them to. If you were to buy them now , that would be a bet on some outcome other than bankruptcy and the discharge of the city's long-term obligations. President Obama has already stated that he monitoring the situation, and it seems unlikely to me that after all of the support given to the auto industry in the last several years that the federal government will do nothing, if only to avert job losses. However, I think it's likely that state aid will be limited at best, as Michigan's economy has been struggling for a number of years. There aren't many large precedents to look at for guidance. One of the largest public entities to declare bankruptcy, Orange County, was a very different situation because this was due to malfeasance on the part of its investment manager, whereas Detroit's situation is a much larger structural problem with its declining economy and tax base. I think the key question will be whether the Federal Government will consider a Detroit bankruptcy to be a large enough embarassment/failure to take significant action."}
{"_id": "488618", "title": "", "text": "I didn't mean that in a pedantic sense.  Facebook hasn't been a simple object belonging to a particular person for some time now.  I would say his influence must now be lessening, and other forces will determine  FB's destiny."}
{"_id": "488622", "title": "", "text": "edit: nevermind.  i glanced and thought you meant total market mutual funds.    For fixed income - if you want to get a good analysis of the bond market/interest rates, i would suggest you read some of bill gross' letters off the pimco site - a lot of discussion about our current zero bound interest rates.    For equities - I have the view that if the economy is doing well, people are less inclined to focus on dividend yield...thereby lowering the relative multiples on dividend/fcf yielding stocks.  So total return fund may be trading slightly cheaper."}
{"_id": "488627", "title": "", "text": "\"Amazon already has their \"\"answer to slack\"\" in [Amazon Chime](https://chime.aws/) but its not nearly as polished or feature rich.   Teams is better than Chime but far worse than slack, as well.   On the one hand, you're absolutely right that slack is just fancy irc. On there other, your dead wrong about even the likes of MS or AZ being able to clone it in months, maybe years, let alone weeks. That also ignores all of the integrations that already exist for slack.   I'm sure some of the OSS versions are decent but I haven't had the opportunity to use them much, yet.\""}
{"_id": "488634", "title": "", "text": "Summary:  MHRA of UK said Xu was bringing fake drugs into Europe. They had ICE from US help meet Xu in Thailand. Found out Xu's wife loved materlistic things like diamonds.  They used Xu's wife's love of diamonds to lure him to the US by offering whole sale price for diamonds. Xu went. They arrested him. Charged in US.  Xu had a European dealer, Gillespie, who was the one ferrying the goods to UK, and through a few things, found link and charged him. Gillespie claims it was all conspiracy to blame someone in Europe, he happen to be fall guy."}
{"_id": "488638", "title": "", "text": "\"Really this is no different from any kind of large lump sum and having a mortgage.  There are probably many questions and answers on this subject.  It really doesn't matter that the proceeds were the result of a sale, an inheritance would not change the answer. I think it is important to note that the proceeds will not eliminate the house 2 mortgage. A high level choice of investment one makes is between equity (such as stock) and debt investments (such as bonds and mortgages).  You are in a unique case of being able to invest in your own mortgage with no investment fee.  This may tip the scales in favor of paying down the mortgage.   It is difficult to answer in your specific case as we don't know the rest of your finances.  Do you have a sizable 401K that is heavily invested in stocks?  Do you have the need for a college fund?  Do you have an emergency fund?  Do you have a desire to own several homes generating income property? If it was me I'd do the following in order, skipping steps I may have already completed: I've heard that the bank may agree to a \"\"one time adjustment\"\" to lower the payments on Mortgage #2 because of paying a very large payment. Is this something that really happens? I really kind of hate this attitude.  Your goal is to get rid of the mortgage in a timely manner.  Doing such makes paying for kids college a snap, reduces the income one might need in retirement, basically eliminates the need for life insurance, and gives one a whole lot of money to have fun with.\""}
{"_id": "488646", "title": "", "text": "\"That's incredible! I'm a second-year college student taking Macro-Economics class, a lot of these technical things are all news to me.   Thank you for the wealth of information!   1) That's an interesting thought. Does that basically translate to \"\"less tax on poor/wealthy (since there are a lot more of them in numbers) to promote entrepreneurship?   2) Someone pointed that very thing out. Rich using money to grow their own wealth. But wouldn't that mean as a byproduct, jobs will be made? I probably made another dangerous assumption here.   3) I don't think I understand this one at all. What is compensation? Will you rephrase it for me?  4) I hear that \"\"effective,\"\" tax rate can be very misleading to the general public. (I learned how to calculate the average tax rate a few weeks ago and understood what the folks were talking about!) I did hear from my professor and the educational videos he had shown us that the capital  tax is one of the highest among the other OECD nations. My question for that would be, why can't we just close loop-holes instead of choosing to slash capital tax? I feel like the majority will be more than okay with closing the loopholes.  5) I think citizens of the country aligning with the county's companies without asking questions is a terrible, and a dangerous idea. (Asian Depression in the mid 90's really showcased it for me, since our family was practically evicted from Korea) Major conglomerates held all the power and the federal government was really just a puppet. I think it's in each company's best interest to further their own agenda, and that agenda usually means bad for the majority. Let me know if I'm way off base here but \"\"one person's spending is another's income.\"\" So using that logic, the company can't make money unless I spend money. So we have a conflict of interest here, because as a consumer, I want to get the best deals, be thrifty. Company wants to charge me as much as they can, to maximize profits.   Thank you in advance for your time.\""}
{"_id": "488651", "title": "", "text": "It varies. Depending on your brokerage, they may charge you per transaction, so the more transactions, the higher the cost. Though this (from what I've seen), is uncommon with many index funds. In terms of how aggressive you want to be with your investment varies on your comfort with risk, timeline of investment and many other factors beyond the scope of this question.  The biggest issue you may need to be aware of is if you are looking at mutual funds, they may have minimum investments. Depending on what that minimum investment is set to, you may not be able to split your $5500 into more than one fund.  A lot of this comes down to the specific funds in which your are anticipating investing, as well as the service you use to do so (Fidelity, Vanguard, etc). Ultimately, diversification can be a lot safer, but there are logistics to consider. Personally, I began with a target fund (a mutual fund with adjusted risk based on the estimated year of retirement) and add additional mutual funds, stocks and ETFs as time goes on."}
{"_id": "488652", "title": "", "text": "I never said it didn't have a visible effect on local economies, but the total from your posts barely clicks over 100k jobs. Advances in engineering have devastated the manual labor industry much more than any outsourcing could accomplish."}
{"_id": "488666", "title": "", "text": "\"&gt; Are there any good reasons for apps to keep tracking you even if you're not using it ?  Uh yeah, so they can collect revenue by selling the data they collect.  Duh...   /s  Seriously though, its been in Apples best interest to encourage this type of monetization, because it incentivizes app developers to create apps and release them for \"\"free\"\".\""}
{"_id": "488673", "title": "", "text": "If your employer matches a percentage of your contributions, then you should try to max out your plan. Once you have completed maxing out your 401k, you may want to open up an IRA for several reasons: will your 401k be enough to sustain your lifestyle in retirement? Your IRA allows you to save even more for retirement. you can invest in all sorts of stuff through your IRA that might not be available in your plan. you can withdraw the principal from your IRA, usually after five years. This serves as another form of savings. IRAs have some asset protection in the event of bankruptcy. A normal savings or investment account usually does not offer such protection."}
{"_id": "488674", "title": "", "text": "Windows 8 may or may not be awesome, what matters is when people don't like it.  I've had to reinstall the CEO's laptop because he refused to use it.  He didn't like Windows 8 and didn't want to learn it.  I'd say at least 80-90% of the people that I know to have used it, hate it.  One of the execs has a Win8 laptop his kids refuse to use, they all fight over the other laptop instead.  (he also asked me to reinstall it)    That's anecdotal, but from what I've seen it's not getting the greatest reception."}
{"_id": "488679", "title": "", "text": "Ya, that's it.  I come across a lot of trash every day, from lots of news sources (even reputable ones).    Knowing what's actually going on - left, right or otherwise - helps you pick out when the author of an article has:  * Taken things out of context * Drawn incorrect/unsubstantiated conclusions; * A general axe to grind."}
{"_id": "488718", "title": "", "text": "I received a $2,000 bonus... Gross Income is income from whatever source derived, including (but not limited to) \u201ccompensation for services, including fees, commissions, fringe benefits, and similar items.\u201d  Adjusted Gross Income is defined as gross income minus adjustments to income.  My question is, must I still report this money on my tax return and if so, how? Yes, and it would be on line 21 of your 1040 with supporting documentation. Are these legal fees deductible as an expense, and where would I list them? Yes, you would aggregate your deductible expenses and place these on your Schedule A. Instructions here. Good Luck. Edit: As Ben Miller pointed out in the comments, the deduction would be placed in either line 23 or 28 depending on the nature of the attorney (investment related or not)."}
{"_id": "488719", "title": "", "text": "I think that Bob has good reasons for his planned spending and should follow his plan, not the dubious advice from an account rep."}
{"_id": "488732", "title": "", "text": "The company gives the best automotive dealership valuation services. Basically, our company aims the better services our client in the world  Please locate the automotive expert witness you are searching for by clicking on our company website link. The dealership valuation firm found on this page may consult on issues regarding automotive engineering, automotive technology, commercial vehicles, manufacturer warranties, and automotive dealer. The company consultants may provide reports concerning auto defects, automotive recalls, auto engines, automotive fires, automotive suspension, automotive electrical system."}
{"_id": "488737", "title": "", "text": "I am not a lawyer but I do not see a legal problem here. However, if the puts in the Roth IRA are not purchased at fair market value that could be a problem. For example, if your traditional IRA sold puts to the Roth IRA below fair market value that would not be allowed. However, from your post, it appears that you will be buying the puts from a third party so that will not be an issue. There is something else that just cross my mind. Imagine that you own 100 shares of the XYZ stock in your traditional IRA and 100 shares of the XYZ stock outside of an IRA. Now, you buy a put on the XYZ stock inside your Roth IRA. Are the dividends on the XYZ stock still qualified? I do not know but my guess is the answer is no."}
{"_id": "488753", "title": "", "text": "I use Amazon all the time but they are hardly a monopoly. I buy from other sites as much or more than I do Amazon. It's big and has great customer service but not always the best prices. They are far from being a monopoly and the chances of that happening are super simple. They'd have to run every single online store out of business and that's impossible."}
{"_id": "488755", "title": "", "text": "Advice to myself: the benefits of being self-employed totally outweigh the risks!"}
{"_id": "488774", "title": "", "text": "Walmart is one of the biggest low wage employers. Let's say $1B of the $2.66B is spent on subsidizing Wal-Mart employees.  That's &gt;$3 per US citizen, that we all pay and cannot put back into the economy how we wish. I don't even shop at wal mart and I'm forced to subsidize their employees. IMO, that is not fair. This just incentivizes walmart to hire more cheap government-subsidized employees, rewarding walmart's  on my back.  So let's do this: For every government dollar spent on helping low-wage employees subsist, we tax the employer the same dollar.  From this I bet we would see walmart building housing for their employees, maybe even cafeterias, to get them off section 8 / food stamps. That is more efficient than sending money to the IRS, it makes its way to HUD, then to some government employees who are overburdoned, then we pay out section 8 money to landlords. That's inefficient. I know of walmart employees who rely on $1400/month in section 8, so walmart's tax bill would increase substantially, costs would rise, but tax receipts that we all have to currently pay would decrease by the same amount. So overall costs stay them same, but the finances are more efficient and where they should be vs spread around."}
{"_id": "488776", "title": "", "text": "\"I don't think AirBnB should be regulated in that way. And look, there are far fewer problems with Airbnb than with hotels and motels. And without the need of government intrusion! Why? Because Airbnb's reputation model works far better than the \"\"government will make everyone okay\"\" model. I've stayed at a lot of hotels, and I would take ANY Airbnb I've stayed at over a hotel any day!   Airbnb is a perfect example of the free market working just fine. The government is ONLY wanting to get involved because of the hotel lobby. Hotels are a multi-billion dollar industry, and if anyone thinks that they are just going to bend over and take it from Airbnb they they're a fool. They are fighting back with the use of \"\"native ads\"\" like this. Along with support from politicians who will sell out to any industry associations willing to line their campaign coffers.   This is an industry fight. It's about old dying industries fighting the new economy, and entrepreneurs.   Its nasty, underhanded, and full of lies. Cracked just totally lost me with this \"\"fake news.\"\"\""}
{"_id": "488777", "title": "", "text": "\"I think we'd need to look at actual numbers to see where you're running into trouble. I'm also a little confused by your use of the term \"\"unexpected expenses\"\". You seem to be using that to describe expenses that are quite regular, that occur every X months, and so are totally expected. But assuming this is just some clumsy wording ... Here's the thing: Start out by taking the amount of each expense, divided by the number of months between occurrences. This is the monthly cost of each expense. Add all these up. This is the amount that you should be setting aside every month for these expenses, once you get a \"\"base amount\"\" set up. So to take a simple example: Say you have to pay property taxes of $1200 twice a year. So that's $1200 every 6 months = $200 per month. Also say you have to pay a water bill once every 3 months that's typically $90. So $90 divided by 3 = $30. Assuming that was it, in the long term you'd need to put aside $230 per month to stay even. I say \"\"in the long term\"\" because when you're just starting, you need to put aside an amount sufficient that your balance won't fall below zero. The easiest way to do this is to just set up a chart where you start from zero and add (in this example) $230 each month, and then subtract the amount of the bills when they will hit. Do this for some reasonable time in the future, say one year. Find the biggest negative balance. If you can add this amount to get started, you'll be safe. If not, add this amount divided by the number of months from now until it occurs and make that a temporary addition to your deposits. Check if you now are safely always positive. If not, repeat the process for the next biggest negative. For example, let's say the property tax bills are April and October and the water bills are February, May, August, and November. Then your chart would look like this: The biggest negative is -370 in April. So you have to add $370 in the first 4 months, or $92.50 per month. Let's say $93. That would give: Now you stay at least barely above water for the whole year. You could extend the chart our further, but odds are the exact numbers will change next year and you'll have to recalculate anyway. The more irregular the expenses, the more you  will build up just before the big expense hits. But that's the whole point of saving for these, right? If a $1200 bill is coming next week and you don't have close to $1200 saved up in the account, where is the money coming from? If you have enough spare cash that you can just take the $1200 out of what you would have spent on lunch tomorrow, then you don't need this sort of account.\""}
{"_id": "488819", "title": "", "text": "Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [\u041d\u043e\u0432\u044b\u0435 \u043a\u0440\u0430\u043d\u044b \u0438 \u043c\u0430\u0439\u043d\u0438\u043d\u0433! \u0420\u0430\u0437\u0434\u0435\u043b\u0435\u043d\u0438\u0435 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0447\u0430\u0441\u0442\u044c 2! \u0423\u0441\u0442\u0430\u043d\u043e\u0432\u043a\u0430 \u0411\u0438\u0442\u043a\u043e\u0438\u043d \u043a\u043e\u0448\u0435\u043b\u044c\u043a\u0430! \u0421\u043f\u0438\u0441\u043e\u043a \u043a\u0440\u0430\u043d\u043e\u0432 \u0441\u0430\u0442\u043e\u0448\u0438](https://youtu.be/tf4uC9I-EoQ)|\u0412\u0435\u043a\u0442\u043e\u0440 \u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442|2017-07-31|0:05:25|0+ (0%)|4  &gt; \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445: | Miningbtc:...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=dkysba1\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v1.1.3b"}
{"_id": "488820", "title": "", "text": "As far as I can tell, it works like this: (Note, I am assuming you were 18 on Jan 1 2009) Contribution limits: So by the end of 2012, you will have been allowed to contribute $20,000 of new money. You say you've contributed $10,000, so you still can contribute another $10,000 of new money this year (But let's assume you do not...). Now, your original $10,000 has grown to $25,000.  You can withdraw this without penalty.  Next year, you will be given an allotment of another $5000 of new money (bringing your total lifetime limit to $25,000 - $10,000 = $15,000 new money) PLUS, you will be allowed to re-contribute up to $25,000 of OLD money. Of course, the government doesn't make a distinction between old and new money, so the net effect is (assuming a 25k withdrawal): 2012 limit: $10 000 2013 limit: $40 000 less 2012 contributions. From http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/tfsa-celi/cntrbtn-eng.html: The TFSA contribution room is made up of: From this wording, it means the 25 k you withdraw will go to the 2013 contribution room (bullet 3).  If you don't re-contribute, it will roll over into the 2014 contribution room (Under bullet 2)   For correctness, I must add that I did not include any indexing of the annual amount."}
{"_id": "488830", "title": "", "text": "You could go with either of: Choosing this you'd pretty much have minimized your risk by using the whole world asa market."}
{"_id": "488838", "title": "", "text": "Are there other examples of this happening and records of stock prices and behaviors after these types of buyouts?   Could it be possible that KKR is getting the shit end of the stick? Or is this a smart move for KKR to consolidate these entities?"}
{"_id": "488840", "title": "", "text": "Thank you fgunthar. I was not aware of ILWs, but I agree - this is also the closest thing I've found.   As for starting a fund, I'm unfortunately nowhere near that point. But, my curiosity seems to inevitably lead me to obscure areas like ILWs."}
{"_id": "488844", "title": "", "text": "Are you suggesting when they break a law involving a small portion of their total business they pay fines involving all portions of their business?  I'm suggesting when they break a law, they pay fines related to the crime comitted. So relating how much their fine was on a tiny portion of their business should not be compared to total quarterly profits, unless those profits were related to the crime. Similar punishment methods to most crimes individuals commit."}
{"_id": "488850", "title": "", "text": "\"No, it's not a closed loop. Most currency in circulation is bank credit, meaning money that originates from loans that originated from a bank. Once the loans are repaid, the \"\"money\"\" that was created by the loan disappears - freeing up the bank to make more loans. This is how fractional reserve banking works. [Check this out](http://www.youtube.com/watch?v=W3hLKpKv3ME) for more info (it's really interesting actually).  Not to say that the rich aren't \"\"sopping up\"\" too much cash. It definitely is a problem...\""}
{"_id": "488855", "title": "", "text": "Deficiency in Vitamin B2 will result to hair loss. Hair Eternity RDA for this vitamin is completely different in men and in women. Women want one. two mg of it per day while men need 1.6 mg per day. These vitamins are typically presented as B complex vitamin. It is abundant higher if you are taking it with Vitamin C for higher absorption. This is also another nice hair growth supplement. Hair Eternity Reviews can be very valuable when it comes to hair regeneration. Girls who need to have long hair quick should take this supplement for hair growth. Most dermatologists suggest biotin supplements to their as part of their hair restoration treatment."}
{"_id": "488861", "title": "", "text": "There should be no problems with CBP; they'll take the form and may ask some questions, but it is completely legal. I would be worried to carry so much cash around though, and many places might not readily accept cash. You cannot rent a car (without a huge cash deposit), and you cannot book hotels or anything else online with the cash. If you have any way to have a credit card, prefer that. If this is not possible consider even buying a refillable card in a supermarket after arrival."}
{"_id": "488869", "title": "", "text": "Apple is eating the lunch of Nokia, Rimm, and Sprint. A quick check of their balance sheets and financial data will clue you in. I wont even get into the stock prices, that story tells itself. iPhone or bust!"}
{"_id": "488870", "title": "", "text": "\"IF the price of the property (1) increases A LOT, you will just break even, on the huge expenses of home owning. IF the price of the property (2) increases A HUGE AMOUNT, you will make lots of money, due to the leverage. IF the price of the property (3) stays even, you will LOSE a tremendous amount of money. It's much like owning a car - constant expenses. That's all there is to it. It's well worth bearing in mind that property prices for your area / your property need to be constantly increasing for you to merely break even. Note that over long periods of time prices tend to go up (most anywhere - but not everywhere). Many people basically base their thinking on that. It will be OK \"\"in the long run\"\". Which is fair enough. I believe one huge factor is that it is enforced saving. That is the number one advantage for most. Note too that in most/all jurisdictions, there are tremendous tax advantages, even if it turns out to be situation (1) (i.e. a waste of time, you only break-even). Note finally that there are, indeed, tremendous social/financial advantages to having the equity: it gets incredibly easy to get other loans (for business or the like) once you own a house; this is undeniably an advantage (perhaps press your husband on that one).\""}
{"_id": "488876", "title": "", "text": "\"Why do you think you are entitled to \"\"fairness\"\"? In this world you get what you get. I am pretty sure your employer is not paying you for how you \"\"feel\"\" either. And by-the-way turning up on time and not leaving early is not exceptional behaviour; it is expected behaviour. Bottom line: do you add more value to your employer's business then the new hires? If so, ask for a raise, if not find a way to add more value and then ask for a raise or keep doing what you're doing and accept what you get.\""}
{"_id": "488881", "title": "", "text": "You have some of the math right, but are missing a few things. Here's what I can offer - if I leave anything out, someone please expand or clarify. Rental income can be reduced by mortgage interest and maintenance costs (as you mentioned), but also by property tax payments, association fees, insurance costs, landlord expenses, and depreciation. Note that if you don't live in the property for 3 years, you'll have to pay capital gains tax if/when you sell the house. You can live in it again for 2 of the last 5 years to avoid this. Many people recommend only assuming you will get 10 months of rental income a year, to account for transitions between tenants, difficult in finding new tenants, and the occasional deadbeat tenant. This also adds a buffer for unexpected problems you need to fix in the house. If you can't at least break even on 10 months of income a year, consider the risk. I think there are also some cases where you need to repay depreciation amounts that you have deducted, but I don't know the details. Renting out a house can be fun and profitable, but it's very far from a sure thing. I'd always recommend preparation and caution, and of course talking to professionals about the finances, accounting, and lease-writing. Good luck!"}
{"_id": "488884", "title": "", "text": "I find that when I have to justify why I want something to someone else, I eliminate impulse buys because I have to think about it enough to explain to someone else why it is desirable. Simply going through that process in my own head in advance of a conversation to justify it I talk myself out of a lot of purchases. I'm married, so I have these conversations with my wife. She is very supportive of me buying things that I want if they will bring value. If I wasn't married and couldn't control my spending, I'd find a good friend or relative that I trust, and I would create a trust with me as the primary beneficiary, and I would appoint a trustee who was willing to sign off on any purchase that I wanted to make after justifying it to them. If I had no friends or relatives that I trusted in that role, I'd hire a financial adviser to fill the same role. Contractually I would want to be able to terminate the arrangement if it was not working, but that would mean sacrificing the legal fees to alter the trust and appoint a new trustee."}
{"_id": "488916", "title": "", "text": "Dividends are not fixed. A profitable company which is rapidly expanding, and thus cash-strapped may very well skip dividends, yet that same fast growth makes it valuable. When markets saturate, and expansion stops, the same company may now have a large free cash flow so it can pay dividends."}
{"_id": "488920", "title": "", "text": "Even with non-voting shares, you own a portion of the company including all of its assets and its future profits.  If the company is sold, goes out of business and liquidates, etc., those with non-voting shares still stand collect their share of the funds generated.  There's also the possibility, as one of the comments notes, that a company will pay dividends in the future and distribute its assets to shareholders that way. The example of Google (also mentioned in the comments) is interesting because when they went to voting and non-voting stock, there was some theoretical debate about whether the two types of shares (GOOG and GOOGL) would track each other in value.  It turned out that they did not - People did put a premium on voting, so that is worth something.  Even without the voting rights, however, Google has massive assets and each share (GOOG and GOOGL) represented ownership of a fraction of those assets and that kept them highly correlated in value.  (Google had to pay restitution to some shareholders of the non-voting stock as a result of the deviation in value. I won't get into the details here since it's a bit of tangent, but you could easily find details on the web.)"}
{"_id": "488928", "title": "", "text": "Promotion of any stock should be treated with extreme suspicion, since the purpose is generally to make money for the promoter, not to inform the public."}
{"_id": "488948", "title": "", "text": "Have you tried calling a Forex broker and asking them if you can take  delivery on currency? Their spreads are likely to be much lower than  banks/ATMs."}
{"_id": "488954", "title": "", "text": "\"The heart of the question is: why can't Bill just pay whatever he owes based on his income in that quarter? If Q2 is gang busters, he'll increase his tax payment. Then if Q3 is surprisingly slow, he'll pay less than he paid in Q2. I think what's most interesting about this question is that the other answers are geared towards how a taxpayer is supposed to estimate taxes. But that's not my objective -- nor is it Bill's objective. My [his] real objective is:  In other words, the answer to this question either needs to deal with not overpaying, or it needs to deal with mitigating the underpayment penalty. AFAICT, there are 2 solutions: Solution 1 Figure your estimated taxes based on last year's tax. You won't owe a penalty if your withholding + estimated tax payments in each quarter are 25% or more of your previous year's tax liability. Here's the section that I am basing this on: http://www.irs.gov/publications/p505/ch04.html Minimum required each period.   You will owe a penalty for any 2011 payment period for which your estimated tax payment plus your withholding for the period and overpayments for previous periods was less than the smaller of: 22.5% of your 2011 tax, or 25% of your 2010 tax. (Your 2010 tax return must cover a 12-month period.) Solution 2 Use the \"\"Annualized Income Installment Method\"\". This is not a method for calculating estimated taxes, per se. It's actually a method for reducing or eliminating your underpayment penalty. It's also intended to assist tax payers with unpredictable incomes. If you did not receive your income evenly throughout the year (for example, your income from a shop you operated at a marina was much larger in the summer than it was during the rest of the year), you may be able to lower or eliminate your penalty by figuring your underpayment using the annualized income installment method. Emphasis added. In order to take advantage of this, you'll need to send in a Schedule AI at the end of the year along with a Form 2210. The downside to this is that you're basically racking up underpayment penalties throughout the year, then at the end of the year you're asking the IRS to rescind your penalty. The other risk is that you still pay estimated taxes on your Q2 - Q4 earnings in Q1, you just pay much less than 25%. So if you have a windfall later in the year, I think you could get burned on your Q1 underpayment.\""}
{"_id": "488960", "title": "", "text": "&gt;Currency has value because it can be used to pay taxes.  It would be very hard to do something such as sell a car without currency. You would have to find someone who not only wanted your car, but who had enough stuff that was directly useful to you, that they could trade for the full value of your car. Like, you can't sell one car to a bunch of people who have smaller things that you want, you can only sell it to an individual who has exactly that collection of stuff that you want."}
{"_id": "488962", "title": "", "text": "I tried to get an iced coffee at BK. They were not capable of making one. Their pre-made iced coffee was sweet. I settled for hot coffee.   - your customers are heavy fast food users who like sugar - your employees are not empowered to add ice to coffee to create iced coffee.  - I gave you a chance BK! You blew it!"}
{"_id": "488994", "title": "", "text": "As you say, if you delay paying your bills, your liabilities will increase. Like say your bills total $10,000 per month. If you normally pay after 30 days, then your short-term liabilities will be $10,000. If you stretch that out to pay after 60 days, then you will be carrying two months worth of bills as a short-term liability, or $20,000. Your liabilities go up. Assume you keep the same amount of cash on hand after you stretch out your payments like this as you did before. Now your liabilities are higher but your assets are the same, so your working capital goes down. For example, suppose you kept $25,000 in the bank before this change and you still keep $30,000 after. Then before your working capital was $25,000 minus $10,000, or $15,000. After it is $25,000 minus $20,000, or only $5,000. So how does this relate to cash flow? While presumably if the company has $10,000 per month in bills, and their bank balance remains at $25,000 month after month, then they must have $10,000 per month in income that's going to pay those bills, or the bank balance would be going down. So now if they DON'T pay that $10,000 in bills this month, but the bank account doesn't go up by $10,000, then they must have spent the $10,000 on something else. That is, they have converted that money from an on-going balance into cash flow. Note that this is a one-time trick. If you stretch out your payment time from 30 days to 60 days, then you are now carrying 2 months worth of bills on your books instead of 1. So the first month that you do this -- if you did it all at once for all your bills -- you would just not pay any bills that month. But then you would have to resume paying the bills the next month. It's not like you're adding $10,000 to your cash flow every month. You're adding $10,000 to your cash flow the month that you make the change. Then you return to equilibrium. To increase your cash flow every month this way, you would have to continually increase the time it takes you to pay your bills: 30 days this month, 45 days the next, 60 the next, then 75, 90, etc. Pretty soon your bills are 20 years past due and no one wants to do business with you any more. Normally people see an action like this as an emergency measure to get over a short-term cash crunch. Adopting it as a long-term policy seems very short-sighted to me, creating a long-term relationship problem with your suppliers in exchange for a one-shot gain. But then, I'm not a big corporate finance officer."}
{"_id": "488996", "title": "", "text": "You definitely should NOT do what you are doing now (#2) since this is not a reflection of what actually is going on.  (Unless you actually did transfer the equities themselves and not the cash.)    Your first option is correct solution. As noted by mpenrow you need to make sure that the target account is also tax deferred.  If that still doesn't work and there is a bug you should still do it this way anyway. If it messes up your tax planner just make sure to include a comment so that everyone knows what is really going on. When I have had issues like this in the past I always try to stick to whatever is the closest indication of what actually occurred."}
{"_id": "489008", "title": "", "text": "I don't know.  Who's to say the internet won't take over here as well.  Who needs satellite radio when you have pandora and unlimited data plans on your phone which connects to your car.  Sure right now it is cumbersome but in a few years... radio may find itself in dire straights as well.  Although i agree for the time being it is better protected than TV."}
{"_id": "489023", "title": "", "text": "The pay for leave isn't, or rather shouldn't be a medical expense, but a EI compensation. The point is to take the pressure off the small to medium business owner and put it back on the government where it belongs. Even worse, in the US, mat leave is currently unpaid unless your company deems otherwise, though there are some state level exceptions to this."}
{"_id": "489042", "title": "", "text": "To me this is a tax structure that is working as it should. The tax code is providing strong incentives for Starbucks to expand. During the initial breakthrough period they are incurring significant expenses. These huge costs are being offset somewhat by the provisions in the tax code. The government in this case has provided a system by which Starbucks is encouraged to grow their volume of future taxable revenue.   Simple :-)   Edit:  After further review of the article, it's not quite as simple as I made it out to be in my above comment. I think the point is still valid however."}
{"_id": "489044", "title": "", "text": "\"Is it equity, or debt? Understanding the exact nature of one's investment (equity vs. debt) is critical. When one invests money in a company (presumably incorporated or limited) by buying some or all of it \u2014 as opposed to lending money to the company \u2014 then one ends up owning equity (shares or stock) in the company. In such a situation, one is a shareholder \u2014 not a creditor. As a shareholder, one is not generally owed a money debt just by having acquired an ownership stake in the company. Shareholders with company equity generally don't get to treat money received from the company as repayment of a loan \u2014 unless they also made a loan to the company and the payment is designated by the company as a loan repayment. Rather, shareholders can receive cash from a company through one of the following sources: \"\"Loan repayment\"\" isn't one of those options; it's only an option if one made a loan in the first place. Anyway, each of those ways of receiving money based on one's shares in a company has distinct tax implications, not just for the shareholder but for the company as well. You should consult with a tax professional about the most effective way for you to repatriate money from your investment. Considering the company is established overseas, you may want to find somebody with the appropriate expertise.\""}
{"_id": "489045", "title": "", "text": "Honestly I would look for a house you can afford and one that is below the maximum amount of what they are willing to lend you.  The reason is owning a house is not a quick loan that you can pay off in a year or two (unless you're rich then I would question why are you even bothering with a loan). This is a long term commitment; can you honestly say your job will provide the money for the mortgage, the upkeep and remodeling of the house (even if it's the perfect house you will want to change something, make the bathroom bigger, put in a pool table etc.. etc..), living expenses and any hiccups life throws at you? Like most of us, that answer will be no. Always have money and supplies for that rainy day, for those lean days. For that mortgage payment. And if nothing happens you can always use the money to pay the mortgage off faster or take a vacation."}
{"_id": "489046", "title": "", "text": "Pretty sure if some of the places I worked had even a fraction of the scale breach that Equifax had, they'd lose the ability to bid on our win any government contracts and would see massive layoffs as an immediate, direct result."}
{"_id": "489051", "title": "", "text": "Oh, give me a break. This argument asserts that people can never veer from the career path they chose at 17 when applying for universities. It's also inconsistent to state that veterans--regardless of whether they studied IT or cybersecurity--are qualified, then go on to state that only people who studied IT in university are qualified. This argument asserts that all adult education and job retraining efforts are for naught, and that experience on the job is less important than the primary focus of study decades ago.    Seriously, give me a break, and join the real world.  I'm not making any claim as to her competence in the role because there were clearly severe mistakes made, but the idea that decades-old coursework in a constantly-changing field is somehow more valuable than recent experience is ludicrous.   Should I fire my DBA who has a law degree, since despite his 25 years IT experience, he clearly doesn't have any interest in informatics?  Should I fire my PM who was a non-degree-holding housewife until entering the workforce eight years ago after her divorce?  Should I promote my MBA-holding Marine rifleman to head Risk &amp; Compliance, since military experience is apparently more applicable than the Finance degree of the person who currently holds the role?  The only thing at issue here is whether she has training or certifications, hired experienced experts for key roles, built a culture of openness and honesty, followed best practices, and built a competent organization.  Her actions are what speak to her inability to properly manage her organization; what undergraduate degree she holds doesn't matter one whit."}
{"_id": "489054", "title": "", "text": "I really wonder how much you have traveled of these countries. That article literally depicts the worst of India. Having traveled extensively to both countries, they both have their share of problems but I think India is better positioned economically. And the natural resource argument for Russia is becoming less and less relevant."}
{"_id": "489057", "title": "", "text": "Bullshit. I asked for a study, You know research. I care little off your logic...Are you mental? Every Nobel winning economist, most professors and renown economists will tell you that the tax break didn't create jobs that wouldn't have been created otherwise. You talk about History, may be you should learn it carefully, Reagan raised taxes, the new deal didn't materialize out of thin air. Show me a study from a well known research or else with all due respect please STFU, and let smart people make decisions."}
{"_id": "489059", "title": "", "text": "Given a routing number / account number, it's easy to print a check with those details.  All you need is a MICR font.  No EFT needed. I would recommend that instead, you get his account information, and set up a direct withdrawal.  Of course, then you could potentially use HIS account fraudulently, but that would be true even if he just wrote you a check."}
{"_id": "489070", "title": "", "text": "He cannot get money from someone else account. Your US resident friend in New York can send money to your Indian friend in Atlanta via Western Union which has presence in almost every corner of the US. Most definitely in the city of Atlanta. Your Indian friend can receive the Western Union transfer, in cash, within minutes after the friend in New York sends it. Here's the site for location search. The sender doesn't need to go anywhere, can send online, so your New York friend doesn't even need to waste much time. In fact - you don't need to bother your friend in New York, you can send it online yourself (assuming you're American/have US bank account). In order to receive the money, your Indian friend will obviously need a proper identification (i.e.: passport)."}
{"_id": "489091", "title": "", "text": "You are really showing some wisdom here, and congratulations on finishing college.   Its a lot about likelihoods.  If you buy a new car, there is something like a 99.5% chance you will get a car that will not need repairs.  If you buy a car for $1200 there is probably a 20% chance that the car will only need minimal repairs.  So the answer is there is no real guarantee that spending any amount of money you will end up with a car with no repairs. You also can't assume that with buying a car it will immediately need repairs.  Its possible, that you could spend 1200 on a car and it will need an oil change.  In three months it might need brakes and in 6 months tires.  If that is the case, you could save up the money for repairs. Have you looked for a car?  It will take some work, but you might be able to find something in good condition for your budget.   If you shop for a loan, go with a good credit union or local bank.  Mostly you are looking for a low rate.  However, I would advise against it.  You worked so hard on getting out of school without debt, why start now?   Be weird and buy a car for cash.  Heck someone may be able to loan you a car for a short time while you save some money."}
{"_id": "489093", "title": "", "text": "What you've described is the norm in Australia, where it's rare for anyone under sixty to use cheques. Assuming they're transferring the funds using internet banking, I would have the following suggestions: You make it clear that the the funds must reach your account by the due date for rent. It is their (the tenant's) responsibility to allow for the normal transfer delay from their account to yours. This will save unpleasant arguments later if the rent is late. If you're not comfortable with your tenant knowing your banking details, set up another account specifically for receiving rental income payments and paying your costs associated with the property. This may have the added benefit of simplifying things at tax time. Another alternative, which I think others have mentioned, is to use an escrow service like PayPal, but be aware that these kinds of services will usually charge a small percentage when you withdraw your funds."}
{"_id": "489101", "title": "", "text": "An option that no one has yet suggested is selling the car, paying off the loan in one lump sum (adding cash from your emergency sum, if need be), and buying an old beater in its place.  With the beater you should be able to get a few years out of it - hopefully enough to get you through your PhD and into a better income situation where you can then assess a new car purchase (or more gently-used car purchase, to avoid the drive-it-off-the-lot income loss).   Even better than buying another car that you can afford to pay for is if you can survive without that car, depending on your location and public transit options.  Living car free saves you not only this payment but gas and maintenance, though it costs you in public transit terms. Right now it looks as if this debt is hurting you more than the amount in your emergency fund is helping.  Don't wipe out your emergency fund completely, but be willing to lower it in order to wipe out this debt."}
{"_id": "489103", "title": "", "text": "\"Ask your trading site for their definition of \"\"ETF\"\". The term itself is overloaded/ambiguous. Consider: If \"\"ETF\"\" is interpreted liberally, then any fund that trades on a [stock] exchange is an exchange-traded fund. i.e. the most literal meaning implied by the acronym itself. Whereas, if \"\"ETF\"\" is interpreted more narrowly and in the sense that most market participants might use it, then \"\"ETF\"\" refers to those exchange-traded funds that specifically have a mechanism in place to ensure the fund's current price remains close to its net asset value. This is not the case with closed-end funds (CEFs), which often trade at either a premium or a discount to their underlying net asset value.\""}
{"_id": "489113", "title": "", "text": "As I understand it, there are mixed signs of a chilling effect, even though policy hasn't changed much. Foreign student enrollment may be down.    That being said - no, trump is not single handedly pivoting the trajectory of US tech."}
{"_id": "489160", "title": "", "text": "Most of the imports probably come from Canada and Mexico, its probably cheaper to import gasoline from Canada or Mexico in some parts of the country purely due to distance. For instance in far upstate New York its probably cheaper to truck gas from a refinery outside of Montreal than from a refinery outside of New York City or Boston."}
{"_id": "489165", "title": "", "text": "Your post shows you have some misunderstandings regarding this technology.  &gt;the possibility of infection  This is incredibly low.  &gt;you still have to have it taken out when you change jobs  They won't be taking them out when they change jobs. These things are reprogrammable, or you could just register the existing implant with a new employer.  &gt;the possibility of someone else impersonating you. The latter can be done by copying the chip data using a chip reader without your knowledge  This would be extremely difficult to accomplish just in terms of logistics, also only the older style RFID chips can be cloned, the the modern NFC chips are a different story.   &gt;Also makes stalking you easier  How on Earth did you come to this conclusion?"}
{"_id": "489174", "title": "", "text": "It depends on individual preference. There is no hard and fast rule.   In general the recommendation would be not to spend much unless you have a sufficient money for a rainy day. Even after spending 10 K on a good car, the minute you have more money, you would feed tempted to upgrade before you are 25 yrs. So save and buy a cheaper / decent car and put the money away.  But then someone would also say, if you can't enjoy when you are young, you may never get this opportunity to enjoy when you are old ..."}
{"_id": "489179", "title": "", "text": "\"It doesn't really make sense to worry about the details of \"\"what counts as saving\"\" unless you also move beyond a simplistic rule of thumb like \"\"save 10% of your income\"\". That said, most of the sources I see pushing rules of thumb like that are talking about saving for retirement.  That is, you need to sock that money away so you will be able to spend it after you retire.  (This CNN page is one example.)  On that theory, it only \"\"counts\"\" if you put it away and don't touch it until you retire, so things like car and computer funds would not count as saving. Another thing you'll see some people say (e.g., this Nerdwallet article) is to use 20% of your income for \"\"financial priorities\"\".  This would include retirement saving, but also things like paying off debt and saving for a down payment on a house. Saving for a small purchase in the near future would not usually be considered \"\"saving\"\" at all, since you're not going to keep the money.  If you put $5 in your wallet tonight so you can buy a hamburger for lunch tomorrow, you wouldn't call that saving; likewise setting aside a few hundred dollars for a new computer wouldn't \"\"count\"\" as saving under most definitions.  (Some people might \"\"count\"\" saving for something like a house, since that is a long-term plan and the house, unlike a computer, may rise in value after you buy it.  But you wouldn't want to fully count the house as part of your retirement savings unless you're willing to sell it and live off the proceeds.) However, none of these rules will help that much if your goal is, as you say at the end of your question, to \"\"know if I need to save more than what I actually am saving currently\"\".  Saving 10% of your income won't magically ensure that you're saving \"\"enough\"\".  To assess whether you personally are saving \"\"enough\"\", you need to actually start running some numbers on how much money you personally will need in retirement.  This will depend on any number of factors, including where you live, what sources of retirement income you might have besides savings (e.g., pensions), etc.  In short, to know if you're saving enough, you can't listen to the generic stuff that \"\"everyone says\"\"; you need to consider your own situation in a deliberate, focused way.\""}
{"_id": "489191", "title": "", "text": "Wendy's never served bits of Tim, so this doesn't bode well.  (According to Wikipedia I'm out of touch and Wendy's hasn't own Tim Hortons in quite a while, so maybe BK can serve Timbits.)  I like BK, but every time I go to one I feel that the store is poorly run and the quality is garbage, although this may be a local problem. Tims, on the other hand, are spotless and have workers who always seem so professional. I'd hate for BK's culture to rub off on Tims, even if it means Timbits at BK."}
{"_id": "489199", "title": "", "text": "\"It's possible to cash cheques by post. When I did this, it involved filling out a \"\"paying-in slip\"\" (I had a book of these provided by the bank) and posting the cheque together with the slip to an address provided by the bank. You could also bring the paying-in slip and the cheque to a branch and deposit them there, and it wasn't necessary that you were the account holder, just that the details on the slip matched the account you were paying into. I Googled \"\"paying-in slip\"\" and found the instructions for HSBC as an example: Paying-In Slips. It explicitly mentions that you don't need to be the account holder to do this, and moreover there are even blank slips in the branch, which you just need to fill in with the correct account details. I think the procedure is much the same for other banks, but presumably you could check the relevant bank's website for specific guidance.\""}
{"_id": "489211", "title": "", "text": "\"No man, I looked at this from an \"\"I myself was the victim of this supposed injustice\"\" perspective, and never did I feel entitled to more. We were fine with what we had but we wanted more and knew we would have to work very hard to get it. A favorite quote: If it is important to you, you find a way. If not, you find an excuse\""}
{"_id": "489220", "title": "", "text": "On closer look, it appears that Google Finance relies on the last released 10-k statement (filing date 10/30/2013), but outstanding shares as of last 10-Q statement. Using these forms, you get ($37,037M / 5.989B ) = $6.18 EPS. I think this is good to note, as you can manually calculate a more up to date EPS value than what the majority of investors out there are relying on."}
{"_id": "489241", "title": "", "text": "Ok, should I have been more specific in saying monetary assets?  Also, why would a 100% marginal tax be required?  Next, how do the wealthy become/stay wealthy?  They've mastered the rent seeking economy, they've mastered tax loopholes/evasions, etc...  Yes, I apologize my few comments are not outlining the entire structure of my point.  Nonetheless, I think we can agree that the current state of the economy is in the shitter (at least for the working/middle class); and will only continue to do so.  Unless we reform in several major areas, taxation on the 1% being one of them."}
{"_id": "489254", "title": "", "text": "I don't actually have any of this stock. Apparently, it's quite common strategy This is called naked short selling. It's not illegal per se, but there can be some major penalties so you should call your broker and ask them these questions. Intentionally naked short selling is not looked upon favorably. They'll probably try to recommend you a safer shorting system by which:"}
{"_id": "489267", "title": "", "text": "Because there has been rumors going around about Mark Zuckerberg having political ambitions and maybe running for president. He went on a tour around the country a while back to listen to people's complaints and problems, so this might confirm that he sees it politically damaging to meet with Trump while most other CEOs want to make Trump understand the obstacles that their companies face."}
{"_id": "489277", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in Barstow CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Get Auto Title Loans Barstow CA 501 E Virginia Way # 1-A Barstow, CA 92311 (760) 957-4105 barstowtitle1@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-barstow-ca/"}
{"_id": "489278", "title": "", "text": "The deposit insurance isn't provided by the bank; it's provided by the Singapore Deposit Insurance Corporation (SDIC). In the event that the bank fails or is declared insolvent, the SDIC will pay deposit holders their total balance in all accounts with that bank, up to S$50,000. If you hold S$60,000 in all of your insured accounts, you'll only receive S$50,000 if the bank fails.  The SDIC provides an example page with sample calculations, and this is exactly what they show. If you deposit an amount greater than $S50,000, it's only insured up to S$50,000.  So does it mean one should open multiple accounts under different banks to spread the money around and maintain only S$50,000 in one deposit account? This is one option. The calculations page I linked to above gives this reminder: Deposits are not insured separately in each branch office of a DI Scheme member i.e. all your eligible accounts maintained with different branches of a DI Scheme member are aggregated and insured up to S$50,000. This seems like common sense, but it's important to remember that if you open an account with two branch offices of Bank A, your deposits are aggregated and insured up to S$50,000. The SDIC insurance is per institution (called a Deposit Insurance Member), not per branch. If you hold S$45,000 in each branch office, for a total of S$90,000, you're still only insured up to S$50,000 for that bank. If you want to spread out your accounts between multiple banks, make sure they're different banks, not just different branches. Another option, if it applies to you, is to open a joint account with your spouse. In the FAQ page, the SDIC gives this example under point 14: if you and your husband have a joint account with S$70,000, and you have a separate account of S$20,000, your total deposits of S$55,000 will be covered to the maximum of S$50,000. The deposit of $S70,000 is split evenly between the spouses, so in the eyes of the SDIC, each are holding S$35,000. Then, the husband's additional S$20,000 is added to S$35,000 for a total of S$50,000. This is then insured up to S$50,000 as usual.  I'm sure there are other options specific to Singapore that I'm not aware of; if you're well above the limit, i.e. holding millions of dollars, I'm sure a professional accountant in Singapore could guide you further."}
{"_id": "489285", "title": "", "text": "I think either one would allow for lower pricing tiers as a merchant. I am at 2.5 on my main account.   $0 to $3,000 2.9% + $0.30 $3.20 fee on a $100 sale  $3,000+ to $10,000 2.5% + $0.30 $2.80 fee on a $100 sale $10,000+ 2.2% + $0.30 $2.50 fee on a $100 sale $100,000+ Call 1-888-818-3928"}
{"_id": "489311", "title": "", "text": "I think a lot of people in this thread seem to be conflating worker/workplace rights with union membership. If your employers are chaining the fire exits shut they'd arrested. While once it was requisite to have a union to protect against employers violating basic worker safety requirements I think that is no longer the purpose of unionizing.   I think my primary counterargument is why should a union be a requirement of a living wage and healthcare? If I work for a small business where unionizing would be MUCH more difficult should I not also have those things?  Most of the worker protections people are discussing either have been, or should be, codified into law NOT provided by unions."}
{"_id": "489337", "title": "", "text": "Gross has proven he's no great money manager. Under-performance and consistent poor timing on his calls the past few years. I really wonder, does anyone listen to him anymore?  He was bearish on equities, and they rallied big. He was bearish on US Treasuries in early 2011, and they rallied big.   The guy is quickly becoming irrelevant within his own firm, if you ask me. PIMCO has many other top tier investment managers that provide more accurate advice, as far as recent history and practicality go."}
{"_id": "489352", "title": "", "text": "\"You quickly run into issues of what denotes \"\"similar\"\", and how to construct an appropriate index methodology. For example, do you group all CB arb funds together globally or separate them by country? Is long-bias equity long-short different to no-bias and variable-bias? Is a fund that concentrates on sovereign debt more like a macro fund or a fixed income fund? And so on. By definition, hedge funds try not to mimic their peers, with varying degrees of success.  Even if you get through that problem, how do you create the index? You may not be able to get return numbers for all the \"\"similar\"\" funds, and even if you do, how do you weight them? By AUM, or equal weight?  There are commercial indices out there (CSFB, Eurekahedge, Marhedge, Barclays, MSCI, etc) but there's no one accepted standard, and it's unlikely that there ever will be as a result. It's certainly interesting to look at your performance versus one of these indices, and many investors do monitor fund performance this way, but to demand strict benchmarking to one of them is a big ask...\""}
{"_id": "489368", "title": "", "text": "Each bank is different. Usually in my experience for newer credit card accounts, there is a specific number of days in a billing cycle (something like 28) and then a 20-25 day grace period. Older accounts usually have 30+ day billing cycles. Back in the 90's, many cards also had 30-40 day grace periods. The language specific to your card is in the card agreement."}
{"_id": "489376", "title": "", "text": "Your contributions that you've already made are made and done, and will not disappear. What the Windfall Elimination Provision does is make sure that people do not collect the subsidized low-income payments while also collecting a full pension.  People who did not pay anything into SS are able to collect money - less, but still something - from the system.  Prior to this provision, people on full pensions who were exempt from SS contributions (such as teachers in many places) were able to still collect those amounts (which were never earned through contributions) even though they had quite significant pensions; that led to subsidies being given to people that didn't have as much need for them, as opposed to the indigent people who did need them. In your case, earning for 20+ years and then presumably only earning a small pension, you may be affected by this, but not necessarily severely.   First of all, you are limited in how much your total reduction is to the lesser of a bit over $400 ($413 in 2015) or half your pension amount per month; so if you earn a $200 in pension monthly, your SS benefits are reduced by $100 monthly at most. Second, your percentage (and total cap) is reduced if you have over 20 years of credited work at 62 by 10% per credited year, and if you hit 30 years it's eliminated.  So if you have 25 years right now, your total reduction is more like $200 at most. You also have an option to keep earning via credited work.  Do some part-time work or summer work, for example.  Sell things online.  Whatever you need to do in order to get more years of credited work such that you end up with 30 years at 62.  That will then increase your benefits back to the full amount. This article published on Nasdaq's website explains how this works in detail, including tables of benefit reductions.  And, log in to ssa.gov to check how many years of creditable coverage you have and to see if you can get to 30 years and avoid any issues with this at all."}
{"_id": "489383", "title": "", "text": "We don't have all the details, but individuals and corporations can either deduct or elect to get a credit for foreign taxes paid. What if this stays and the state/local deduction is eliminated. The IRS directly states the intent is to avoid double taxation.  https://www.irs.gov/individuals/international-taxpayers/foreign-tax-credit-choosing-to-take-credit-or-deduction  And ya, the system you make reference to was tried in the Articles of Confederation and proved unworkable.   The initial point is that it makes no sense to eliminate the state and local tax deduction unless the intent is to punish blue states and localities in order to offset a reduction in taxes for the wealthy."}
{"_id": "489401", "title": "", "text": "One option is to try to get a month ahead on your mortgage payments.  Rather than using the current month's rent to pay the current month's mortgage payments, try to use the previous month's rent to pay the current month's mortgage payments.  This should allow you to pay on time rather than late but not unacceptably late."}
{"_id": "489418", "title": "", "text": "\"Aside of \"\"don't lend money to friends\"\" a good idea is to have a written contract that states the sum, the due date, the interest (if any). Having the loan on paper makes it more real and harder to \"\"forget\"\". The third party is not necessary - anyone can have a bank loan for more than $10K by signing a contract with a bank without any third party.\""}
{"_id": "489420", "title": "", "text": "&gt;Correct. So you feel the proper response is to pepperspray people?   Perhaps you can watch the long version of what happened in [this video](http://www.youtube.com/watch?v=hhPdH3wE0_Y&amp;feature=colike). Feel free to skip around if you want.  The point is, the police made arrests, the children were blocking them and the children were warned. They were warned so many times it's their own stupidity that got them pepper sprayed. Empty threats are empty. Beats a night stick to the head.  I am worried about the bloodbath that might occur when we have to fight off the black bloc idiots that want more free stuff.  &gt;what prevents a race to the bottom with wages and benefits if people don't collectively bargain  What prevents public sector employees from outpacing wages and benefits of the private sector due to collective coercion? They're already doing it.  We cannot pay our debts by creating government jobs. We cannot continue to afford COLAs in a down economy, let alone the lifetime benefits some of them get. What happens when they collapse the system out of their own stupid greed?  That seems to be the goal of many on the left.  edit: Not sure if OSHA is actually getting cuts, but EEOC is expanding and NLRB is really screwing things up."}
{"_id": "489423", "title": "", "text": "Fast Food/ 1-hour photo mentality.   Everyone needs to be pre-made and ready to go or they aren't hireable. Hence why these employers can't find talent, nobody comes to a new job with 5-10 years of highly specific experience working in the same position they applied for, at the specific company they were just hired at. Everyone has a ramping up period to one degree or another."}
{"_id": "489433", "title": "", "text": "\"For allocation, there's rules of thumb. 120-age is the percentage some folks recommend for stock market (high risk) allocation.  With the balance in bonds, and a bit of international fund to add some more diversity.  However, everyone needs to determine how much risk they're willing to take, and what their horizon is. Once you figure out your allocation, determine how much of your surplus goes into investing, and how much goes into short term savings for your short term financial goals such as purchasing a home. I would highly recommend reading about \"\"Financial Independence, Retire Early\"\" (FIRE).  Most of the articles I've seen on it were folks in the US, with the odd Canadian and Brit, but the principles should be able to work in the Netherlands with adjustment.   The idea behind FIRE is that you adjust your lifestyle to minimize expenses and save as much of your income as possible.  When the growth of your savings is > the amount you spend on a yearly basis, you've reached financial independence and can retire any time you wish. CD ladder is a good idea for your emergency fund, but CDs (at least in the US) usually pay around the same rate as inflation, give or take.  A ladder would help you preserve your emergency fund.\""}
{"_id": "489436", "title": "", "text": "I disagree.  The plan asset return assumptions aren't any crazier than many other states.  It's the liabilities with enormous payout guarantees and lack of existing asset contributions upfront that create the pension liability.  Go look at the financials.  As for IL being mixed red/blue, it is really not.  It's a largely democratic state and a similar thing happened to IL that happened to California.  In 1986, when amnesty was passed by Reagan, it created a bunch of new citizen voters of hispanic descent and the state went Democratic ever since.  It affected California in a large way, and IL was affected also."}
{"_id": "489464", "title": "", "text": "\"Interesting read. I'm not trying to get political with this post, but it's something that I found genuinely interesting while reading this article.   My dad is an accountant for a large corporation and described tax law as \"\"15% white, 15% black, and 70% gray\"\". I'm sure that Cat isn't the only company that is trying to avoid paying US corporate tax rates\u2014regardless of where it falls on the legality or white/gray/black spectrum. This case may be somewhat of an outlier in that it's pretty clear there was some shady tax avoidance and the tax sum is large ($2Bn). Yet, I couldn't help but feel that the amount of government intervention, lawyer/court fees, whistle-blower payout, not to mention company productivity loss from the avoidance, cleanup, etc. puts a damper on the expected value of this case for the general American citizen or tax-payer.  Which leads me to my point. There was some talk recently about the corporate tax rate being dropped down to 15%. I'm someone who generally leans left on issues, but are there legitimate benefits to this? It seems that large corporations simply employ huge teams of accountants to game the tax code and never end up paying anything close to the 30%. Would reducing the rate eliminate a lot of this tax avoidance behavior and result in more system efficiency, while the government returns roughly equal sums of tax revenue from corporations? It would obviously be beneficial to smaller businesses that can't afford the legal means necessary to pay lower rates as well.   From a progressive standpoint, my worry with dropping the rate is that companies would still find ways to simply squeeze more and more profit for the bottom line. It'd be interesting to find a way to leverage reducing the tax rate on large corporations by somehow tying it to increased pay and benefits to workers. I'm not sure of the proper implementation, but letting corporations keep more of their money without the hassle of \"\"setting up 70 shell companies\"\" and incentivizing them to re-invest in workers, R&amp;D, etc. makes more sense than companies never paying 30%, and even when caught for illegal acts, being tied up in court for 10 years.   I'll end here because I'm beginning to ramble a bit, but the article was interesting for viewing corporate taxation on a system-wide level.\""}
{"_id": "489473", "title": "", "text": "If it was typical, above the board, and no profits were made, then why did it take a hotly contested bill from Congress (that was amended and watered down) to bring these transactions to light?  Why not just use the normal discount window for these overnight loans if everything was just run of the mill overnight loans?   Why were they making these standard 0% overnight loans to select private investors?"}
{"_id": "489478", "title": "", "text": "QE is really interesting. I don't think there were ever any negative repercussions. We basically found a way to print money and use it in a way that doesn't cause massive inflation (i.e. Swapping assets out for cash, resulting in zero net value added into the economy). Is it ridiculous to assume we will just do this everytime there's a massive toxic asset bust?"}
{"_id": "489479", "title": "", "text": "When evaluating a refinance, you need to figure out the payback time. Refinancing costs money in closing costs. The payback time is the time it takes to recover the closing costs with the amount of money you are saving in interest.  For example, if the closing costs are $2,000, your payback time is 2 years if it takes 2 years to save that amount in interest with the new interest rate vs. the old one.  To estimate this, look at the difference in interest rate between your mortgage and the new one, and your mortgage balance. For example, let's say that you have $100,000 left on your mortgage, and the new rate is 1% lower than your current rate. In one year, you will save roughly $1,000 in interest. If your closing costs are $2,000, then your payback time is somewhere around 2 years. If you plan on staying in this house longer than the payback time, then it is beneficial to refinance.  There are mortgage refinance calculators online that will calculate payback time more precisely.  One thing to watch out for: when you refinance, if you expand the term of your mortgage, you might end up paying more interest over the long term, even though your rate is less and your monthly payment is less. For example, let's say you currently have 8 years left on a 15-year mortgage. If you refinance to a new 15-year mortgage, your monthly payment will go down, but if you only pay the new minimum payment for the next 15 years, you could end up paying more in interest than if you had just continued with your old mortgage for the next 8 years. To avoid this, refinance to a new mortgage with a term close to what you have left on your current mortgage. If you can't do that, continue paying whatever your current monthly payment is after you refinance, and you'll pay your new mortgage early and save on interest."}
{"_id": "489480", "title": "", "text": "You will find lots of rules of thumb but there is no universal truth to how much you should save. There are factors you DO need to consider though: you should start as early as possible to set money aside for retirement. You should then use a retirement calculator to at least get an understanding of the amount you need to set aside each month to achieve the desired retirement income; your default should be not to spend money and only spend money when you must. Leisure, travel and eating out should come last after you have saved up; you should have funds for different terms. For example, my wife and I have an emergency fund for unexpected expenses or losses in income. The rule of thumb here generally is to have 3-6 months of salary saved up. A longer term fund should be created for larger expenses like buying a car or preparing the cashdown on a property. Finally, the retirement fund which should cover your needs after you have retired."}
{"_id": "489486", "title": "", "text": "\"Every situation is possible, it depends on what the contract states. According to Nolo:  Your ability to withdraw from a home purchase depends on two things: 1) the exact point at which you are \"\"in contract\"\" to buy the house,   and  2) after you're in contract, what the contract says about terminating   the transaction. Therefore, you need to be 100% ready for anything to happen. After you sign the contract, it is binding and you must adhere to what the contract states. Buying a home is a big purchase - arguably the biggest of your life - you need to be comfortable with every aspect of this experience.\""}
{"_id": "489487", "title": "", "text": "\"Yes, the \"\"speed bump\"\" explicitly can not impact the reports to the SIP. Two years ago this would not be a big deal, because the SIP was stupidly slow, especially under load. So, you send your report to the SIP faster than you publish your own market data feed, and the SIP just takes forever to publish, meaning your own market data feed still gets to the clients first.  Now that the SIP is blazingly fast this is no longer the case. You still, as an exchange, have to publish to the SIP first (or, within microseconds of jitter, at the same time) but if you have some sort of artificial delay on your market data that is longer than the SIP processing time the SIP updates will arrive first. Doubly so if the consumers are colocated with one of the SIPs.  Edit: For what it's worth, [Matt Hurd has a pretty solid write up covering NYSE American, but it pertains to IEX as well](https://meanderful.blogspot.com/2017/05/nyse-american-attack-of-clones.html)  [BATS also comments on this phenomenon in their SEC comment letter on NYSE American; see footnote 1 on the first page](https://www.sec.gov/comments/sr-nysemkt-2017-05/nysemkt201705-1718167-150440.pdf) (pdf). The link is somewhat recursive, since it points back to another of Hurd's posts, but still just as accurate an assessment.\""}
{"_id": "489489", "title": "", "text": "This isn't really the case in Siem Reap in my experience. Hardly any taxis or room for taxis especially in the centre, and every tourist knows it's time to use your negotiation skills.  I imagine if one tuktuk driver put out prices all the others would get pretty annoyed."}
{"_id": "489501", "title": "", "text": "Buy a modest vehicle with a manageable payment.  Keep the payment low enough ($200-300/month) to keep your DTI (Debt-To-Income) ratio clear.  The short-term ding to your credit for new credit should disappear in 3-6 months (your time horizon).  Having a mix of credit is part of the credit scoring model, so having an installment loan is not a bad thing.  Relax."}
{"_id": "489502", "title": "", "text": "MENA is big and Arabic is a huge advantage in finance right now given the interest in Middle East development projects, sovereign wealth, commodities like oil, and the regional volatility that makes all those things such high risk and high reward.  Someone with your credentials could easily transition to an equities research role, or even a geographic or market research role covering the region. You'll likely have to start at an analyst level and work up if you don't have past work experience, but definitely look at the big investment banks, sovereign wealth funds, and other investment advisers that have holdings in the MENA region.  Another option is the management consultancies. Great money to be made and lots of firms. Oliver Wyman, AT Kearney, McK, Bain &amp; Co., Strategy&amp; - all have big interests in the Middle East and will pay you well.  I also studied conflict in MENA, primarily Egypt. Good luck!"}
{"_id": "489509", "title": "", "text": "currency's central bank or treasury/finance department speeches that can announce a significant change in policy.  That includes: Particularly when it is a high level figure within the department such as the President or Prime Minister making the announcement. Macroeconomic stats:  GeoPolitical considerations, such as: Economic calendars, such as ForexFactory and MyFxBook track planned economic news releases.  Obviously, a coup d'etat or war declaration may not be well known in advance."}
{"_id": "489514", "title": "", "text": "I don't know that I can answer the question fully, but 2 points. The percent that represent capital gains certainly can't exceed 100. Did you mean 50% but the 500% is a typo?  More important, funds held in retirement accounts have no issue with this, Cap Gains are meaningless within tax deferred accounts. I don't know the ratio of stocks held in these accounts vs outside, just that the 2011 year end total retirement account worth was $17 trillion. (That's 12 zeros) This strikes me as a high ratio, although more numbers digging is in order."}
{"_id": "489535", "title": "", "text": "Level 1 and level 2 are more equation driven and fairly straight forward. If you have a solid grasp of all the formulas and equations presented you should pass. The curriculum of level 3 is smaller, but from the practice tests and mocks, I've realized that you have to know the material better. Level 3 requires the synthesis of material, where anything from any section can show up anywhere.   Also it doesn't help that I'm not in portfolio management, so maybe 95% of the material is new to me."}
{"_id": "489539", "title": "", "text": "If your mortgage is an interest only one then the full amount of the payment you make should be to an expense account perhaps called mortgage interest. If the mortgage is a repayment mortgage you need to split the amount of the payment between such an expense account called mortgage interest and between a liability account which is the amount of the loan. In practice I have not found it very easy to do all this as the actual amounts vary depending on number of days in the month and then there are occasional charges etc made by the mortgage company so some approximations seem to be needed unless one is to spend hours trying to get it exactly correct...... Steve"}
{"_id": "489549", "title": "", "text": "$600 is a good deal. If buddy can't pay $600 for IT, he doesn't have enough money to run a business and make it successful. That's one of the main reasons new companies fail, not enough capital to run the business for one year without revenue."}
{"_id": "489554", "title": "", "text": "\"I get what you are saying, and I have actually asked for and gotten raises in some previous jobs, so I know it's not impossible. But in a case like this, do I go in and say *\"\"hey I know Bob does the same job and makes X more money than me, so now I want a raise for X\"\"*? Like the title of the post implies, this is the exact reason employers want to keep employee salaries confidential, and I doubt they'd appreciate you bringing it up while asking for a raise. So I guess the other option is to ask for a $15k raise out of nowhere. Might be possible, but **not likely** going to happen.  Assuming Bob and I have the same job description, experience, and skill level, why should he make more because he happened to get hired during a talent shortage? Yes the company needs to offer a better salary to attract new talent, but when that's not reflected across the board even for current employees, and when companies rely on keeping it a secret instead, they breed mistrust and resentment.\""}
{"_id": "489561", "title": "", "text": "I have a car loan paid in full and even paid off early, and 2 personal loans paid in full from my credit union that don't seem to reflect in a positive way and all 3 were in good standing. But you also  My credit card utilization is 95%. I have a total of 4 store credit cards, a car loan, 2 personal loans. So assuming no overlap, you've paid off three of your ten loans (30%).  And you still have 95% utilization.   What would you do if you were laid off for six months?  Regardless of payment history, you would most likely stop making payments on your loans.  This is why your credit score is bad.  You are in fact a credit risk.  Not due to payment history.  If your payment history was bad, you'd likely rank worse.  But simple fiscal reality is that you are an adverse event away from serious fiscal problems.   For that matter, the very point that you are considering bankruptcy says that they are right to give you a poor score.  Bankruptcy has adverse effects on you, but for your creditors it means that many of them will never get paid or get paid less than what they loaned.   The hard advice that we can give is to reduce your expenses.  Stop going to restaurants.  Prepare breakfast and supper from scratch and bag your lunch.  Don't put new expenses on your credit cards unless you can pay them this month.  Cut up your store cards and don't shop for anything but necessities.  Whatever durables (furniture, appliances, clothes, shoes, etc.) you have now should be enough for the next year or so.   Cut your expenses.  Have premium channels on your cable or the extra fast internet?  Drop back to the minimum instead.  Turn the heat down and the A/C temperature up (so it cools less).  Turn off the lights if you aren't using them.  If you move, move to a cheaper apartment.  Nothing to do?  Get a second job.  That will not only keep you from being bored, it will help with your financial issues.   Bankruptcy will not itself fix the problems you describe.  You are living beyond your means.  Bankruptcy might make you stop living beyond your means.  But it won't fix the problem that you make less money than you want to spend.  Only you can do that.  Better to stop the spending now rather than waiting until bankruptcy makes your credit even worse and forces you to cut spending.   If you have extra money at the end of the month, pick the worst loan and pay as much of it as you can.  By worst, I mean the one with the worst terms going forward.  Highest interest rate, etc.  If two loans have the same rate, pay the smaller one first.  Once you pay off that loan, it will increase the amount of money you have left to pay off your other loans.  This is called the debt snowball (snowball effect).   After you finish paying off your debt, save up six months worth of expenses or income.  These will be your emergency savings.   Once you have your emergency fund, write out a budget and stick to it.  You can buy anything you want, so long as it fits in your budget.  Avoid borrowing unless absolutely necessary.  Instead, save your money for bigger purchases.  With savings, you not only avoid paying interest, you may actually get paid interest.  Even if it's a low rate, paid to you is better than paying someone else.   One of the largest effects of bankruptcy is that it forces you to act like this.  They offer you even less credit at worse terms.  You won't be able to shop on credit anymore.  No new car loan.  No mortgage.  No nice clothes on credit.  So why declare bankruptcy?  Take charge of your spending now rather than waiting until you can't do anything else."}
{"_id": "489573", "title": "", "text": "\"Gambling is perhaps not well defined, but it certainly doesn't include things like reality show winnings.   However, it is possible he could deduct something for this.  If the reality show qualifies as a \"\"hobby\"\", and his expenses exceed the 2% of AGI requirement, it's possible he could deduct those airplane tickets and such.  That deduction is explained in Publication 529.\""}
{"_id": "489586", "title": "", "text": "\"No. Some grocery stores may discount specific products based on inventory to drive sales using \"\"loss leaders\"\" where the product is intentionally priced as a loss for the business. While commodity futures may impact some prices, I'm not sure one can easily extract the changes solely due to futures shifts.\""}
{"_id": "489614", "title": "", "text": "\"You should ask your employer to issue an updated payslip showing the correct gross salary, deductions and net salary, and then repay to the employer the difference between the net salary in your old (wrong) pay slip and the new (correct) one. You should also get them to confirm that they have corrected any information they sent HMRC. At the end of the tax year, when you get a P60 showing your salary for the year, make sure that it is consistent with the corrected salary amount, and check that the tax it shows as being deducted is also correct for that gross salary for the year. If you are still employed by them then you could just ask them to withhold the overpayment in your next salary payment, at which point the income tax would sort itself out because PAYE is calculated based on cumulative totals. If the overpayment had happened at the end of the tax year (March) then there'd be some risk of it messing up your tax payments. In some cases it's also possible that withholding from the next salary payment could make a difference to the total national insurance you end up paying - broadly, if you earn below the \"\"Primary Threshold\"\" of \u00a38164/year, you might lose out. If you earn close to the \"\"Upper Earnings Limit\"\" of \u00a345000/year, you could end up gaining.\""}
{"_id": "489619", "title": "", "text": "\"That doesn't answer either of my questions.  For the first, you've given me a quotation (which I've seen several times before and cannot find the original source - if you know it, please cite it) that consists of opinion and speculation, not a definition.  For the second, it could be inferred that you mean to tell say you would support reverting to a monetary system based on exchanging precious metals, which Mr. Jefferson passingly implies his tolerance of. However, if this is what you mean to communicate, you're not doing yourself any favors in helping me understand your position by basing it on a minor aside in an unsourced quotation about something else.  I'm very much on board with the movement within OWS that's pushing for socioeconomic justice. But most of the people I see shouting \"\"end the Fed!\"\" really have no clue as to what they're talking about. This sort of willingness to act on ignorance is damaging.  *Edit*: If the OWS reference was weird, it was because I was previously reading a banking story from one of the Occupy subreddits and briefly forgot where I was ;) Nothing changed except a spelling error and this note.\""}
{"_id": "489620", "title": "", "text": "For ATMs you should check if the ATM you're going to use accepts the network you're in. If the ATM has the same logo (it should probably have a whole bunch of logos) that is on your card - it should work. I have not encountered an ATM that wouldn't accept a VISA card in Europe, and I travel a lot."}
{"_id": "489622", "title": "", "text": "Throw a girly and glitzy spa party for girls with Princess &amp; Tiaras Spa Celebrations. Treat your little angel with an evening full of pampering and fun, complete with fabulous beauty treatments and glam goodies. We will bring our spa truck and let you host your glam party in the comfort of your own home or a venue of your choice."}
{"_id": "489633", "title": "", "text": "\"It is very helpful to understand that Free File is not actually \"\"by\"\" the US Internal Revenue Service (IRS). The IRS does indeed offer access to the program through their website, but Free File is actually a public-private partnership program operated and maintained by the Free File Alliance. Who is the Free File Alliance? Well, according to their members list: 1040NOW Corp., Drake Enterprises, ezTaxReturn.com, FileYourTaxes, Free Tax Returns, H&R Block, Intuit, Jackson Hewitt, Liberty Tax, OnLine Taxes, TaxACT, TaxHawk, and TaxSlayer. Why the income restriction? Well, that's part of the deal the IRS struck - the program is \"\"dedicated to helping 70 percent of American taxpayers prepare and e-file their federal tax returns\"\". Technically the member companies are offering their own software to handle tax preparation, and the rule is that 70% of American's must 'qualify' for at least one product, so this adjusted gross income limit changes periodically so that 70% of the population can use it. Why restrict it at all? This was part of the give and take involved in negotiation with the businesses involved. If the program was \"\"everyone files for free\"\", then it is presumed that many reputable businesses that make the program valuable would choose not to continue to participate. In other words, they want to be able to not give away their services for free to customers who are - at least by income definition - more than capable of paying them. The IRS has said it does not want to be in the tax prep software business, so they are not offering their own free software to do the job that private companies would otherwise charge for. However, there are other restrictions to being in the program - like the fact that no business in the program can offer \"\"refund anticipation loans\"\", offer commercial services more than a certain amount of times (so they can't hound you to upgrade), and so on. Some businesses were making a killing off these, though they are pretty much solely developed to be predatory on people with the lowest incomes (and education levels, and IQ, and with cognitive disabilities, and basically anyone they could sucker into paying what were effectively absurd rates for short term loans along with inflated filing/preparation fees). Finally, Free File was partly developed as an initiative to increase the amount of digitally filed taxes and reduce the paper-based burdens of accepting and processing turns. In other words: to cut government costs, not to be a government welfare program. Even if it were, one can generally obtain commercial software for $30-$100, so the benefit to those above gross income levels is pretty minor; yearly costs to file taxes with such software for those payers would be less than 0.001% of their yearly expenses. Compared to the benefits obtainable by households living below the poverty line, fighting to cover an extra 5-30% of the population at the potential expense of having the whole program be a failure probably seemed like a more than worthwhile trade-off.\""}
{"_id": "489635", "title": "", "text": "\"Inflation, like trade deficits or surpluses, have winners and losers in an economy. Clear losers are people who are on a fixed income, as they often have a fixed income and a prices keep on going up, meaning they can afford less.  Numerous articles on the internet discuss the inflation of the 1970s, here are Google's results.  I'm not so sure that governments want \"\"some inflation\"\" as much as they desperately want to avoid deflation. Deflation means that the price for today's product, like a car, will decrease in price tomorrow (or a month from now) which creates a powerful incentive for people to put off a purchase until later, which brings consumer demand down in a country's economy.\""}
{"_id": "489640", "title": "", "text": "First I  assume you are resident for tax purposes in the UK? 1 Put 2000 in a cash ISA  as an emergency fund.  2 Buy shares in 2 or 3 of the big generalist Investment trusts as they have low charges and long track records \u2013 unless your a higher rate tax payer don\u2019t buy the shares inside the ISA its not worth it  You could use FTSE 100 tracker  ETF's or iShares instead of Investment Trusts."}
{"_id": "489651", "title": "", "text": "Watch this film, as well as going through what they did it is simply a rather excellent documentary and one of those ones worth watching even if you have no interest in the subject.  http://en.wikipedia.org/wiki/Enron:_The_Smartest_Guys_in_the_Room  The metaphor also forget to mention that you manage to stage a milk shortage, to put up prices despite making almost twice as much milk as there is demand for by illegal market manipulation on a massive scale.  Enron and what they did is a good example of just why privatisation/deregulation of vital infrastructure has to be done very very carefully and isnt a magic panacea and can be the opposite."}
{"_id": "489654", "title": "", "text": "To learn more about the market, read as much as possible. Read articles on Bloomberg, Yahoo Finance, etc. Also, any time you just have the tv in the background, have it on CNBC. It's crazy what all you will pick up on even just in the background. Like someone else said, create a virtual portfolio and actively trade. You can also subscribe to sites like Investopedia and they will send you articles about analysis techniques and stocks/industries to watch.   If you want to learn some basic tools for corporate roles, then learn Excel, Tableau, and how to write SQL."}
{"_id": "489659", "title": "", "text": "The answer depends on your wife's overall situation, whether you are in a community property state, and other factors. I'm assuming that since your wife paid $5,000 more for a car than it was worth, has a six-year, 25% auto loan and you talk about repossession as a routine event, that her credit history is extremely poor. If that is the case, you're unlikely to be able to refinance, particularly for more than the car is worth. You're in a bad situation, I'd look for a legal clinic at a nearby law school and find out what the law says about your situation in your state. If she has other debt, your best bet is to put the car in a garage somewhere, stop paying and demand better terms with the lender -- threaten bankruptcy. If they don't go for it, and your wife has other debt, she should look into bankruptcy. Given the usurious terms of the loan, you have a fighting chance of keeping the car in a Chapter 13. Find out and the legal implications for this before proceeding. If she doesn't have other debt, you need to figure out to get the thing repossessed on the best possible terms for you. If it's her mother's car, you're in a moral dilemma.  Bottom line, get rid of this thing asap. And make sure that going forward you are both controlling the finances."}
{"_id": "489661", "title": "", "text": "Were any of you guys at Disaster Recovery on Saturday?  They were saying that the Arca backup had been in place for about 5 years and never tested.   I think they closed for 2 days rather than try it to avoid another electronic disaster."}
{"_id": "489670", "title": "", "text": "nice work! really enjoyed looking through your website. do you see any possible application of Machine Learning (specifically tensorflow) to this? I was thinking about building a trading bot that uses data from various APIs as a strategy just as an experiment but I'm wondering what your insights are."}
{"_id": "489679", "title": "", "text": "Yes you need to pay taxes in India. Show this as other income and pay tax according to your tax bracket. Note you need to pay the taxes quarterly if the net tax payable is more than 10,000."}
{"_id": "489706", "title": "", "text": "The point of a total return index is that it already has accounted for the capital gains + coupon income. If you want to calculate it yourself you'll have to find the on-the-run 10y bond for each distinct period then string them together to calc your total return. Check XLTP if they have anything"}
{"_id": "489710", "title": "", "text": "What the first person said. You're scared because you don't understand investing one bit. You'll be less scared once you understand it. Best way to understand it is to try it out.   For me it has to be real money. So perhaps try out with small amounts of money you're comfortable with and do w/e you want with it, think of it as a purchase and not an investment. Then research why your account balance went up or down."}
{"_id": "489720", "title": "", "text": "\"So this situation is fraud. -SumGuy: \"\"Hey Mr. Target employee can I use this to buy this.\"\"  -Employee: \"\"Abso-fucking-lutely Sir\"\". The responsibility lies on the store, not the customer in this situation. Terms of service on things like coupons are not LAWS, they are terms a company is telling you they will accept. For this Company to then accept it makes these people a few bucks richer, not criminals. The customers did not lie or hide what they where doing, and the company accepted it. Good on em I say.\""}
{"_id": "489724", "title": "", "text": "Save up a bigger downpayment.  The lender's requirement is going to be based on how much you finance, not the price of the house."}
{"_id": "489729", "title": "", "text": "What's missing in your question, so Kate couldn't address, is the rest of your financial picture.  If you have a fully funded emergency account, are saving for retirement, and have saved up the $15K for the car, buy in cash.  If you tell me that if the day after you buy the car in cash, your furnace/AC system dies, that you'd need to pay for it with an $8K charge to a credit card, that's another story.  You see, there's more than one rate at play. You get close to zero on you savings today. You have a 1.5% loan rate available. But what is your marginal cost of borrowing? The next $10K, $20K? If it's 18% on a credit card, I personally would find value in borrowing at sub-2.5% and not depleting my savings.  On the other side, the saving side, does your company offer a 401(k) with company match? I find too many people obsessing over their 6% debt, while ignoring a 100% match of 4-6% of their gross income.  For what it's worth, trying to place labels on debt is a bit pointless. Any use of debt should be discussed 100% based on the finances of the borrower."}
{"_id": "489730", "title": "", "text": "Comcast is always hiring, and they pay pretty well. I know someone that I work with now, who worked at Comcast as a Commercial Installer. He traveled a couple times a year, but each time it was to some awesome island.   Take note, however, that he was laid-off. So, layoffs are a possibility there.   Also, if you are willing to take part-time work (which, if you have only debts and no wife or child, I absolutely suggest sacrificing your credit for a few years for this opportunity), I highly recommend getting on with UPS or USPS. You will start part-time and work your way up to full-time making over $55,000/yr.   Also, don't forget about truck driving. Long-haul truck driving pays around $55,000 your first year. Most companies will train you, so long as you sign up for a one-year contract. Some companies are Central Refrigerated, Knight Trucking, Gordon Trucking, Swift, Stevens Transport, etc. This is always an option, and I intended on doing this before having formed a family, but alas... Also, trucking can lead to better, more local jobs."}
{"_id": "489740", "title": "", "text": "It's not even pressure, it's that it makes US investments even better because the rate of return gets boosted higher.   The second part is correct: capital inflows will create more business and thus a stronger economy with more jobs.   Will this perfectly offset the loss in tax revenue? That's a huge debate as we have to start making predictions in the future of when the growth turns into a break-even point, and as we've seen many times, even CBO estimates are often flat-out wrong."}
{"_id": "489762", "title": "", "text": "Do you know petroleum prices hit such a low? In addition to shale, it is the fear of EVs. By encouraging electric vehicles, US not only put a huge dent to OPEC countries, but it is also leading the world in the next generation EV technologies. Guess what gets that? Exports. Cleaner air. Less money for terrorist countries. Continued dominance in newer technologies. So don't just look at what Tesla is getting. Look at what US is getting. Yeah, tesla being a beneficiary is just incidental. No one made those rules for tesla alone."}
{"_id": "489771", "title": "", "text": "\"For a 10\u20ac trip on uber, it will cost you 11\u20ac on cabify, man. By choosing uber and paying 1\u20ac less, you're basically accepting to give money to a company with not only worse cars, but one with what worse work environment that pays really bad to their drivers usually and that has been reported as sexist towards women in both the US and several other countries. For that 1\u20ac more - as far as I know, so far - you could support a fairer company, better-paying for their drivers, with better cars and overall better service in my opinion. Next time you go on a ride with cabify, ask them about this thing with uber and most have worked there and will gladly talk about it.  Besides, in busy times Uber turns on dynamic pricing and in those times I've used cabify and paid 13\u20ac when uber quoted me 19\u20ac-23\u20ac... Every time you give someone a piece of your money, it's a \"\"vote\"\" you make on which companies you prefer on the market. Something to reflect on.\""}
{"_id": "489788", "title": "", "text": "Weather or not people believe in global warning or not, these moves are a step in the right direction because they raise efficiency and cut down on waste which is something companies should be doing no matter what to survive.  I guess we don't need Trump to keep us in the Paris accord because the business community will do what's best anyway."}
{"_id": "489790", "title": "", "text": "\"There is no penalty for foreigners but rather a 30% mandatory income tax withholding from distributions from 401(k) plans. You will \"\"get it back\"\" when you file the income tax return for the year and calculate your actual tax liability (including any penalties for a  premature distribution from the 401(k) plan). You are, of course, a US citizen and not a foreigner, and thus are what the IRS calls a US person (which includes not just US citizens but permanent immigrants to the US as well as some temporary visa holders), but it is entirely possible that your 401(k) plan does not know this explicitly. This IRS web page tells 401(k) plan administrators Who can I presume is a US person?   A retirement plan distribution is presumed to be made to a U.S. person only if the withholding agent: A payment that does not meet these rules is presumed to be made to a foreign person.  Your SSN is presumably on file with the 401(k) plan administrator, but perhaps you are retired into a country that does not have an income tax treaty with the US and that's the mailing address that is on file with your 401(k) plan administrator? If so, the 401(k) administrator is merely following the rules and not presuming that you are a US person. So, how can you get around this non-presumption? The IRS document cited above (and the links therein) say that if the 401(k) plan has on file a W-9 form that you submitted to them, and the W-9 form includes your SSN, then the 401(k) plan has valid documentation to associate the distribution as being made to a US person, that is, the 401(k) plan does not need to make any presumptions; that you are a US person has been proved beyond reasonable doubt. So, to answer your question \"\"Will I be penalized when I later start a regular monthly withdrawal from my 401(k)?\"\" Yes, you will likely have mandatory 30% income tax withholding on your regular 401(k) distributions unless you have established that you are   a US person to your 401(k) plan by submitting a W-9 form to them.\""}
{"_id": "489824", "title": "", "text": "&gt; Because there is more to american made than where it's assembled.  Is that not the bulk of total number of jobs, though?  R&amp;D, CEO, etc. tax revenue is important, but for middle America the assembly line jobs are probably the most needed, right?  Also in the case of Toyota this is all the U.S. (R&amp;D, Marketing, etc.)"}
{"_id": "489827", "title": "", "text": "\"Journal entry into Books of company: 100 dr. expense a/c 1 200 dr. expense a/c 2 300 dr. expanse a/c 3   //   cr. your name 600 Each expense actually could be a total if you don\u00b4t want to itemise, to save time if you totaled them on a paper.  The paper is essentually an invoice. And the recipts are the primary documents. Entry into Your journal: dr. Company name   // cr. cash or bank You want the company to settle at any time the balce is totaled for your name in the company books and the company name in your books.  They should be equal and the payment reverses it.  Or, just partially pay. Company journal: dr. your name  //  cr. cash or bank your journal: dr. cash or bank  // cr. company name Look up \"\"personal accounts\"\" for the reasoning. Here is some thing on personal accounts. https://books.google.com/books?id=LhPMCgAAQBAJ&pg=PT4&dq=%22personal+account%22+double+entry&hl=es-419&sa=X&redir_esc=y#v=onepage&q=%22personal%20account%22%20double%20entry&f=false\""}
{"_id": "489828", "title": "", "text": "Are you fed up with your sex life and looking for better supplement to enhance your sex drive the Spanish Fly PRO isthe ideal choice. This is one of the best and effective supplements which can enhance libido in female. You can find the product online. there are millions of users who are happy with the supplement."}
{"_id": "489838", "title": "", "text": "As a meat lover, I would absolutely eat the other burger. Things like meatballs, sausages, chicken fingers, etc would be great with total replacement...but would something like a good steak be possible? Could they replicate the marbling and fat content, could it be aged, etc. I'm all for moving forward, but I don't know if it's really realistic for total replacement... another thing would be cost and sustainability. I also didn't read the article before commenting as I'm on my phone and didn't feel like opening a link, so I apologize if that was covered."}
{"_id": "489888", "title": "", "text": "**Those that remain:**  **CEO** | **Company** ---------|---------- Paul Atkins | Patomak Global Partners (former SEC chairman) Mary Barra | General Motors Toby Cosgrove | Cleveland Clinic Larry Fink | BlackRock Rich Lesser | BCG Doug McMillon | Wal-Mart Jim McNerney | formerly of Boeing Indra Nooyi | Pepsi Adebayo \u201cBayo\u201d Ogunlesi | Global Infrastructure Partners Ginni Rometty | IBM Stephen Schwarzman | Blackstone Kevin Warsh | Hoover Institute Mark Weinberger | EY Jack Welch | formerly of GE Daniel Yergin | Vice Chairman of IHS Markit Andrew Liveris | Dow Chemical Bill Brown | Harris Corp Michael Dell | Dell Technologies John Ferriola | Nucor Corporation Jeff Fettig | Whirlpool Mark Fields | formerly of Ford Motor Alex Gorsky | Johnson &amp; Johnson Greg Hayes | United Technologies Marillyn Hewson | Lockheed Martin Jeff Immelt | GE Jim Kamsickas | Dana Inc Klaus Kleinfeld | formerly Arconic Brian Krzanich | Intel Rich Kyle | The Timken Company Thea Lee | AFL-CIO (deputy chief of staff) Mario Longhi | US Steel Denise Morrison | Campbell Soup Dennis Muilenburg | Boeing Doug Oberhelman | formerly, Caterpillar Scott Paul | Alliance for American Manufacturing Michael Polk | Newell Brands Mark Sutton | International Paper Inge Thulin | 3M Richard Tumka | AFL-CIO Wendell Weeks | Corning  &amp;nbsp;   **Those that Left:**  **CEO** | **Company** | **Date** | **Reason** ---------|----------|----------|---------- Travis Kalanick | Uber | 2/2/17 | Travel ban Bob Iger | Disney | 6/1/17 | Paris Agreement withdrawal Elon Musk | Tesla, SpaceX | 6/1/17 | Paris Agreement withdrawal Ken Frazier | Merck | 8/14/17 | Charlottesville incident Kevin Plank | Under Armour | 8/14/17 | Charlottesville incident"}
{"_id": "489893", "title": "", "text": "What have you been doing during this conversation?  I don't need to tell you where am I to discuss the laws and ordinances of my locality, and there's no reason to doubt what I've said, unless your only recourse in this debate is to cast doubt on my expert knowledge of my marketplace."}
{"_id": "489898", "title": "", "text": "\"Whenever you do paid work for a company, you will need to fill out some sort of paperwork so that the company knows how to pay you, and also how to report how much they paid you to the appropriate government agencies. You should not think of this as a \"\"hurdle\"\" and you shouldn't worry that you haven't been employed for a long time. The two most common ways a company pays an individual are via employee wages, or \"\"independent contractor\"\" payments. When you start a relationship with a company, if you are going to become an employee, then you will out a W4 form, and at the end of the year you will receive a W2 form. If you are an independent contractor, (which you would be considered in this case), you will fill out form W9 and at the end of the year you will receive a 1099. This is completely normal and you have nothing to worry about. All it means is that if you make more than a certain amount (typically $600) in a year, you will receive a 1099 in the mail or electronically. The 1099 form basically means that they are reporting that amount to the IRS, and it also helps you file your tax return by showing you all the numbers you need on one form. Please remember that when you are paid as an independent contractor, no taxes are withheld on your behalf, so you may owe some tax on the money you make. It's best to set aside some of your income so you are prepared to pay it come tax time next year.\""}
{"_id": "489903", "title": "", "text": "I was 24 when I bought my first piece of furniture, a rocking chair at a flea market. It was $12. I shopped at Sally's aka the Salvation Army and flea markets.   Both my mid-20s nieces have fully furnished homes and their mother and I aren't even dead yet. Both of us have way more STUFF than our relatively well-off parents ever had. I never thought about us being part of a larger issue, but yeah lots of fully furnished houses will be left to kids who already have fully furnished houses."}
{"_id": "489933", "title": "", "text": "\"I would have to disagree with the other responders. In technical analysis of stock charts, various short and long term moving averages are used to give an indication of the trend of the stock in the short and long term, as compared to the current price. I would prefer to use the term moving average (MA) rather than average as the MA is recalculated every day (or at appropriate frequencies for your data) on the period you are using. I would also expand on the term \"\"moving average\"\". There are two that are commonly used Going back to the question, of the value of this number, For example if the current price is above the 200 day EWMA and also above the 30 day EWMA, then the stock is broadly trending upwards. Conversely if current price is below the 200 day EWMA and also below the 30 day EWMA, then the stock is broadly trending downwards. These numbers are chosen on the basis of the market you are trading in, the volatility and other factors. For another example of how a number of moving averages are used together, please have a read of Daryl Guppy's Multiple Moving Average, though this does not use moving averages as large as 200 days.\""}
{"_id": "489954", "title": "", "text": "Why do they keep rolling out this bullshit article.  Automation isn't going to impact anyone's job onshore*, at Goldman and CS all automation has done has removed work from our offshore contract with Genpact.  When an AI can go out drinking with clients and know when a CFO is resigning to start getting in front of potential successors let me know.  *For awhile"}
{"_id": "489959", "title": "", "text": "In my opinion, separating your money into separate accounts is a matter of personal preference. I can only think of two main reasons why people might suggest separating your bank accounts in this way: security and accounting. The security reasoning might go something like this: My employer has access to my bank account, because he direct deposits my salary into my account.  I don't want my employer to have access to all my money, so I'll have a separate account that my employer has access to, and once the salary is deposited, I can move that money into my real account. The fault in this reasoning is that a direct deposit setup doesn't really give your employer withdrawal access to your account, and your employer doesn't have any reason to pull money out of your account after he has paid you.  If fraud is going to happen, it much more likely to happen in the account that you are doing your spending out of. The other reason might be accounting.  Perhaps you have several bank accounts, and you use the different accounts to separate your money for different purposes.  For example, you might have a checking account that you do most of your monthly spending out of, you might have a savings account that you use to store your emergency fund, and you have more savings accounts to keep track of how much you have saved toward your next car, or your vacation, or your Christmas fund, or whatever.  After you get your salary deposited, you can move some into your spending account and some into your various savings accounts for different purposes. Instead of having many bank accounts, I find it easier to do my budgeting/accounting on my own, not relying on the bank accounts to tell me how much money I have allocated to each purpose.  I only have one checking account where my income goes; my own records keep track of how much money in that account is set aside for each purpose.  When the checking account balance gets too large, I move a chunk of it over to my one savings account, which earns a little more interest than the checking account does.  I can always move money back into my checking account if I need to spend it for some reason, and the amount of money in each of the two accounts is not directly related to the purpose of the money. In summary, I don't see a good reason for this type of general recommendation."}
{"_id": "490015", "title": "", "text": "I know all too well how it works. That doesn't change the fact that GE didn't pay taxes.   If only my personal expenses such as food, gas, car maintenance, rent could be deducted from my tax liability and then when I operate on a loss (spend more than I receive) use that to get a tax refund. If corporations were people, why do they have a separate tax code? If corporations are people, they would be subject to the same tax code people are.   We have so much corporate welfare via the tax code in this country, that it exceeds the amount of social welfare for poor people."}
{"_id": "490042", "title": "", "text": "\"Sovereign states borrow money explicitly in a two primary ways: A sovereign cannot be compelled to repay debt, and there isn't a judicial process like bankruptcy to erase debt. When sovereigns default, they negotiate new terms with creditors and pay back some fraction of the actual debt owed.  They can also print money to repay debt, which has other nasty consequences. But, while a state cannot be compelled to repay a debt, creditors cannot be compelled to loan money to the state either! Any enterprise of sufficient size needs access to capital via loans to meet daily obligations in anticipation of revenue -- even when times are good. Defaulting makes borrowing impossible or expensive, and is avoided. Regarding using your military to avoid repaying debt... remember what Napoleon said: \"\"An army travels on its stomach\"\". Military campaigns are expensive... no borrowing ability means the soldiers don't get paid and the food, fuel and ammo don't get delivered. Smaller countries have other risks as well. Many nations are essentially forced to use US Dollars as a reserve currency, or are forced by the market to borrow money in a foreign currency. This creates a situation where any risk of non-payment results in a deep devaluation of the local currency. When your debt is denominated in dollars, these shifts can dramatically increase your debt obligations from a local currency point of view. You also run the risk that a larger or richer company will park warships in your harbor and seize assets as payment -- the US and Britain engaged in this several times during the 19th and 20th centuries. In general, not paying the bills has a cascading effect. Bad situations get worse, and they do so quickly.\""}
{"_id": "490049", "title": "", "text": "Actually you have it twisted. If everyone is not getting the experience needed for making more money, then that lowers the experience threshold to get into a job making more money. However, if everyone in the Gen X generation is making less money during the time that most people save for their future, there is no way of getting that back...ever."}
{"_id": "490052", "title": "", "text": "23  international flights is about 3000 people.   It is also 23 other flights cancelled because the plane never made it to its destination - so there is no plane to bring New Zealanders home (or continue on the next leg). This affects people in cities all over the globe.   If the pipeline is leaking, that means it is ongoing. So there will be more.   It is a big pain in the ass and a lot more than \u201cjust some hotel stays\u201d."}
{"_id": "490057", "title": "", "text": "Unless some factor is pushing up home prices at a faster rate than apartment prices.  Just guessing, but one reason might be that the increased potential to rent a home for AirBNB is higher than an apartment, and the increased value causes prices to rise faster in homes."}
{"_id": "490058", "title": "", "text": "&gt; Minimum wage was created to force employers to pay a wage that is not commensurate with services rendered  Wages have very little to do with services rendered (except as a hard cap on what employers can pay), and far more to do with who has more negotiating power. Which is almost always employers, especially at the low end.  Employment has very poor information and very high transaction costs. It's nowhere close to an efficient market."}
{"_id": "490065", "title": "", "text": "\"Money management is data-driven.  You've been operating on \"\"how you feel\"\" and \"\"what should be\"\", and that's why it hasn't been working.  First you collect data on how you actually are spending money.  Record every expenditure and categorize what it was used for.  Go back 6-12 months if you can.   You don't need blistering detail, in fact I adjusted my lifestyle to make that easy.  Fast food meals, movie tickets, USB cables, anything too small to bother recording, I just pay cash for that. Everything else:  check, ACH or credit card. It is not excessive to do it in Quickbooks or similar if you know the app.  Whatever is most efficient for you.  Now you have a log of what you've been spending on what in a time oeriod, and a log of your income. Congratulations, you have a \"\"Profit & Loss Statement\"\", a basic financial planning tool.   Now you can look at it accurately, decide if the money you are spending in each department brings the value and joy that fits the expenditure,  and change what you want. You may decide you'd rather save $1000/mo than run a $200/mo deficit.  Changing is simply coming up with different numbers that you think are achievable.  Congratulations, you have a budget or spending plan.   Again, data driven.  The point is, your spending plan is based on your actual experience with past expenditures, not blind-guessing. Then, go out and make it happen.\""}
{"_id": "490077", "title": "", "text": "Different stakeholders receive cash flows at different times. The easiest way for me to remember is if you're a debt holder vs equity owner on an income statement. Interest payments are made before net income, so debt holders are repaid before any residual cash flows go to equity owners."}
{"_id": "490082", "title": "", "text": "The problem is not that someone wants to rent out a spare bedroom and make some extra money, but that investors are abusing airBnB platform in order to control sometimes 100s of units while claiming to use them all. This can lead to entire neighborhoods turning into tourist destinations without any real locals. While renting out a spare bedroom isn't that bad it is contributing to a growing problem where people are getting kicked out of their apartments to make room for a more profitable airBnB. Tourists don't work and don't start businesses. The current hotel model isn't great either due to giant corporations controlling the most of the market, but airBnB is a corporation just the same and is growing much faster."}
{"_id": "490098", "title": "", "text": "I hope Amazon does something to revolutionize school textbooks.   I know it's a pipe dream, but it'd be pretty rad one day to have students using a kindle of sorts to study instead of those archaic textbooks.  I think an interactive textbook style application makes for some pretty amazing possibilities, and it takes a lot of capital to really take control of the abominable situation in the school textbook situation."}
{"_id": "490100", "title": "", "text": "\"The preferred accounts are designed to hope you do one of several things: Pay one day late.  Then charge you all the deferred interest. Many people think If they put $X a month aside, then pay just before the 6 months, 12 moths or no-payment before 2014 period ends then I will be able to afford the computer, carpet, or furniture. The interest rate they will charge you if you are late will be buried in the fine print. But expect it to be very high. Pay on time, but now that you have a card with their logo on it.  So now you feel that you should buy the accessories from them. They hope that you become a long time customer. They want to make money on your next computer also. Their \"\"Bill Me Later\"\" option on that site as essentially the same as the preferred account. In the end you will have another line of credit. They will do a credit check. The impact, both positive and negative, on your credit picture is discussed in other questions.  Because two of the three options you mentioned in your question (cash, debit card) imply that you have enough cash to buy the computer today, there is no reason to get another credit card to finance the purchase. The delayed payment with the preferred account, will save you about 10 dollars (2000 * 1% interest * 0.5 years).  The choice of store might save you more money, though with Apple there are fewer places to get legitimate discounts. Here are your options: How to get the limit increased: You can ask for a temporary increase in the credit limit, or you can ask for a permanent one. Some credit cards can do this online, others require you to talk to them. If they are going to agree to this, it can be done in a few minutes. Some individuals on this site have even been able to send the check to the credit card company before completing the purchase, thus \"\"increasing\"\" their credit limit. YMMV. I have no idea if it works.  A good reason to use the existing credit card, instead of the debit card is if the credit card is a rewards card. The extra money or points can be very nice. Just make sure you pay it back before the bill is due. In fact you can send the money to the credit card company the same day the computer arrives in the mail.  Having the transaction on the credit card can also get you purchase protection, and some cards automatically extend the warranty.\""}
{"_id": "490102", "title": "", "text": "\"When I read the article I was pretty shocked to see \"\"codecademy\"\" listed as an actual recommendation.  That's like saying CEO's need to understand Mandarin, so they should eat Chinese take out for a couple of weeks.\""}
{"_id": "490113", "title": "", "text": "\"The answer from littleadv perfectly explains that the mere exchange ratio doesn't say anything. Still it might be worth adding why some currencies are \"\"weak\"\" and some \"\"strong\"\". Here's the reason: To buy goods of a certain country, you have to exchange your money for currency of that country, especially when you want to buy treasuries of stocks from that country. So, if you feel that, for example, Japanese stocks are going to pick up soon, you will exchange dollars for yen so you can buy Japanese stocks. By the laws of supply and demand, this drives up the price. In contrast, if investors lose faith in a country and withdraw their funds, they will seek their luck elsewhere and thus they increase the supply of that currency. This happened most dramatically in recent time with the Icelandic Krona.\""}
{"_id": "490170", "title": "", "text": "\"You should distinguish between the price and the value of a company:  \"\"Price is what you pay, value is what you get\"\". Price is the share price you pay for one share of the company. Value is what a company is worth (based on fundamental analysis, one of the principles of value investing).  I would recommend selling the stock only if the company's value has deteriorated due to fundamental changes (e.g. better products from competitors, declining market) and its value is lower than the current share price.\""}
{"_id": "490176", "title": "", "text": "\"Individuals most definitely can have NOL. This is covered in the IRS publication 536. What is the difference between NOL and capital loss? NOL is Net Operating Loss. I.e.: a situation where your (allowable) expenses and deductions exceed your gross income. Basically it means that you have negative income for that year, for tax purposes. Capital loss occurs when the total amount of your capital gains reported on Schedule D is negative. What are their relations then? Not all expenses and deductions that you usually put on your tax return are allowed for NOL calculation. For example, capital loss is not allowed. I.e.: if you earned $2000 and you lost in stocks $3000 - you do not get a $1K NOL. Capital losses are excluded from NOL calculation and in this scenario you still have non-negative income for NOL purposes even though it is offset in full by capital loss deduction and your \"\"taxable income\"\" line is negative. The $1K that was not allowed - gets carried forward to the next year using the Capital Loss Carryover Worksheet in the instructions to Schedule D. You calculate your NOL using form 1045 schedule A. You can use the form 1045 to apply the NOL to prior 2 years, or you can elect to apply it only to future years (up to 20 years). In what cases, capital loss can be NOL? Never.\""}
{"_id": "490190", "title": "", "text": "Find people who work in the industry to let you sit in on their daily activities with their jobs.  Find out what you like and what you don't like.  The idea of working in finance is often times better than what it turns out to be.  Before you put all your eggs in one basket, make sure you see what it's really like.  The world of finance is very broad. Often times, the only job opportunities available to recent college graduates is within the insurance sector. If you know EXACTLY what you want to do and start networking now, the chances that you will find an opportunity doing what you want to do will grow exponentially."}
{"_id": "490201", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/25/upshot/maybe-weve-been-thinking-about-the-productivity-slump-all-wrong.html?nytmobile=0) reduced by 82%. (I'm a bot) ***** &gt; Just maybe, if the labor market tightens and good workers are harder to find - and wages rise - that will be the impetus to get companies to consider more of those big-ticket innovations that generate productivity growth.  &gt; You could imagine the same thing happening if wages rose because of market forces; that same fast food restaurant might invest in kiosks and robots if the labor market were so tight that no workers were willing to take the job for $10. If you look at long-term patterns of productivity growth, they roughly fit this idea, that a booming job market tends to be followed by a productivity boom, and that deep recessions are followed by productivity slumps.  &gt; In this way of thinking about productivity, inventors and business innovators are always cooking up better ways to do things, but it takes a labor shortage and high wages to coax firms to deploy the investment it takes to actually put those innovations into widespread use.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pp5po/maybe_weve_been_thinking_about_the_productivity/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~176149 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **productivity**^#1 **wage**^#2 **worker**^#3 **growth**^#4 **market**^#5\""}
{"_id": "490210", "title": "", "text": "Exactly why I made the comment. If you want drama, take it to r/politics or r/AdviceAnimals.  If people want to talk about the business aspect of what occurred, then rock on.  In your case, you should take your ball and go back to r/middleschool"}
{"_id": "490223", "title": "", "text": "While the OP disses the health insurance coverage offered through his wife's employer as a complete rip-off, one advantage of such coverage is that, if set up right (by the employer), the premiums can be paid for through pre-tax dollars instead of post-tax dollars. On the other hand,  Health insurance premiums cannot be deducted on Schedule C by self-employed persons. So the self-employed person has to pay both the employer's share as well as the employee's share of Social Security and Medicare taxes on that money. Health insurance premiums can be deducted on Line 29 of Form 1040 but only for those months during which the Schedule C filer is neither  covered nor eligible to be covered by a subsidized health insurance plan maintained by an employer of the self-employed person (whose self-employment might be a sideline) or the self-employed person's spouse. In other words, just having the plan coverage available through the wife's employment, even though one disdains taking it, is sufficient to make a Line 29 deduction impermissible.  So, AGI is increased. Health insurance premiums can be deducted on Schedule A but only to the extent that they (together with other medical costs) exceed 10% of AGI. For many people in good health, this means no deduction there either. Thus, when comparing the premiums of health insurance policies, one should pay some attention to the tax issues too. Health insurance  through a spouse's employment might not be that bad a deal after all."}
{"_id": "490241", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Pigouvian taxes - What to do when the interests of individuals and society do not coincide?](https://www.reddit.com/r/Economics/comments/71jgz0/pigouvian_taxes_what_to_do_when_the_interests_of/) on /r/Economics with 3 karma (created at 2017-09-21 18:27:21 by /u/William_Morris)  * [Pigouvian taxes | The Economist](https://www.reddit.com/r/carbontax/comments/6uk6gg/pigouvian_taxes_the_economist/) on /r/carbontax with 1 karma (created at 2017-08-18 23:27:35 by /u/ILikeNeurons)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "490244", "title": "", "text": "All the manufacturers exporting things from China.  When they mention a supposed lack of consumer demand in the USA they fail to account for the heavy balance of payments deficit, [$124 billion in the last quarter of 2011](http://www.bea.gov/newsreleases/glance.htm).  If there's no demand, as the Keynesians claim, how come the US is buying so much stuff from other countries? There seems to be plenty of demand, the US is just unable to manufacture the products its citizens want.   The real problem is lack of production capability. The industrial base of the US has too many obsolete plants. And the companies cannot modernize with the current tax regulations, they are unable to depreciate those obsolete plants fast enough to build new ones that could compete with the foreign corporations."}
{"_id": "490255", "title": "", "text": "\"IANAL, but I had heard (and would appreciate someone more qualified commenting on this) that one reason these things were often found unenforceable is that there is no consideration.  The contract is to bind you for your work each day, but once you stop working, they allege you have a continued obligation that transcends your time at the company.  Claiming that your day-to-day compensation covers this is as if to say some part of that compensation is not for your work but to pay you for not going elsewhere.  It would be nice to see at minimum a requirement to separate these two concepts into separate contracts as bundling them creates a blur, and most importantly doesn't allow you to negotiate or walk away from the terms of one part without the other.  At the heart of any \"\"market\"\", which the job market purports to be, is a sense that a fair price is reached when both parties can walk away from a bad deal. This is not so in the case of employment because, as Adlai Stevenson said, \"\"a hungry man is not a free man\"\", so someone who needs to eat (or feed a family) has a need to take an offer that is already biasing their acceptance of work, and this quasi-duress is compounded when a company can attach additional pressures that work agains that person's ability to fairly negotiate possible improvements of what may already have been a bad situation.  I'm of the impression that duress itself has been argued to be a reason to hold a contract invalid.  But more abstractly and generally, any time two parties are bargaining asymmetrically (I'm not sure the legal definition, but intuitively I'd say where one party has the ability to force a contract change and the other party is not), then those terms have to be suspect.  Also, for the special case the pay is anything near minimum wage, I would suggest asking the question of whether the part of the compensation that is salary, not \"\"keeping you from working for the competition\"\", is the wage paid consistent with minimum wage, or does it have to draw from the pool of money that is not about wage but is about incentivizing you to not move.  And, finally, if they stop paying you, and each day you've been paid a little to work and a little to incentivize you to leave, then are you getting a continued revenue stream to continue to incentivize you not to work for the competition? If not, there would seem again not to be consideration.  As I said, I'm not an expert in this. I just follow such matters sometimes in the news. But I don't see these issues getting discussed here and I hope we'll see some useful responses from the crowd here, and also the smart folks at reddit can help through their discussions to form some useful political and legal defenses to help individuals overcome what is really a moral outrage on this matter.  Capitalism is an often cruel engine.  I worked at a company where one of the bosses said to me, after contributing really great things that added structurally in fundamental ways to the company, \"\"don't tell me what you've done, tell me what you've done lately\"\". Capitalism makes people scrap every day to prove their worth. So it's morally an outrage to see it also trying even as it beats down the price of someone and tells them they aren't entitled to better, to tell them that they may not go somewhere else that thinks they are better. That is not competition and it is not fair.    Indentured servitude, not slavery, is more technically correct. And yet it is a push to treat people like capital, so slavery is not inappropriate metaphorically.  The topic is non-competes, but really it's about businesses not wanting to have to compete for employees; that is, about businesses not wanting capitalism to prevail in hiring.  Sorry for the length.\""}
{"_id": "490258", "title": "", "text": "\"When I first purchased my home six years ago, I was able to get into a Bank of America First Time Homebuyer program that required no down payment and no PMI. While I hope you find a lower initial payment, the banks have tightened their requirements so that buyers have \"\"more skin in the game\"\" so to speak. Exotic loan options coupled with the subprime mortgage crisis caused the housing bubble to burst. Now banks are being very selective about who they provide a mortgage. The other things you need to look at are interest rate and terms. Do you feel you will be in the home for the next 30 years? Have you considered a 15 year mortgage? Shop around. PMI used to have a bad connotation (at least it did when I bought my home six years ago), but I feel now that it would have been worthwhile for the banks and the economy in the long run had banks required buyers to utilize PMI.\""}
{"_id": "490263", "title": "", "text": "I am waiting for the day China and India doing military exercise together, right the next day after Trump  say China is a threat to India. lol. 9not a real military exercise, but a diplomatic showcase.)  This is the exact same thing when US did military exercise with India, thinking they have successfully realigning India, the next month, even bigger military exercise with Russia.  Both India and China are not naive, they certainly know what US role was during the 60's and 70's vis a vis today's scheme. Both countries know they have bigger fish to fries than punching each other in the face because some american told them so. Not peace or detente, but certainly not state of war like in 70's anymore."}
{"_id": "490281", "title": "", "text": "The thing about airlines though is you don't have THAT many options. If you need a flight from Airport A to Airport B departing before 9am on Tuesday and only Airline X is offering a flight in your budget you'll probably book that flight regardless of how you feel about them. I may be wrong but I don't think the United scandal really hurt them that much. Most people probably care less about IT systems."}
{"_id": "490294", "title": "", "text": "Some lenders will work with you if you contact them early and openly discuss your situation.  They are not required to do so.  The larger and more corporate the lender, the less likely you'll find one that will work with you. My experience is that your success in working out repayment plan for missed payments depends on the duration of your reduced income.  If this is a period of unemployment and you will be able to pay again in a number of months, you may be able to work out a plan on some debts. If you're permanently unable to pay in full, or the duration is too long, you may have to file bankruptcy to save your domicile and transportation.  The ethics of this go beyond this forum, as do the specifics of when it is advisable to file bankruptcy. Research your area, find debt counselling.  They can really help with specifics.  Speak with your lenders, they may be able to refer you to local non-profit services.  Be sure that you find one of those, not one of the predatory lenders posing as credit counselling services.  There's even some that take the money you can afford to pay, divide it up over your creditors, allowing you to keep accruing late/partial payment fees, and charge you a fee on top of it.  To me this is fraudulent and should be cause for criminal charges. The key is open communication with your lenders with disclosure to the level that they need to know.  If you're disabled, long term, they need to know that.  They do not need to know the specific symptoms or causes or discomforts.  They need to know whether the Social Security Administration has declared you disabled and are paying you a disability check.  (If this is the case, you probably have a case worker who can find you resources to help negotiate with your creditors)."}
{"_id": "490306", "title": "", "text": "Even if you can afford the loss of the boat because you have other housing options available, can you also afford to lose all your possessions if the boat sinks or is stolen? All of your clothing, electronics, etc can add up to thousands of dollars easily.  A significant fraction of that amount are things you'd need to replace quickly, even if you're confident of having somewhere else to live for as long as it takes you get a new boat/apartment/etc."}
{"_id": "490324", "title": "", "text": "A short list  1) Inability to survive the financial crisis without government assistance.  2) Underperformance compared to other similar institutions, mostly because of problems relating to point 1  3) Previous work experience  4) Financial products whose value to the consumer is less so than comparable products from similar institutions"}
{"_id": "490326", "title": "", "text": "Like what licences or permits he'll need to acquire,  Does he need a separate bank account specifically for his business,  What kind of insurance will he need to acquire for the business..those kind of things   And I know I could use Google but there are certain things I don't like looking up on Google for advice"}
{"_id": "490338", "title": "", "text": "\"I'm sceptical of your position.   I reckon that people who put crazy long hours into a business that fails are lacking some intangible qualities of entrepreneurship.  There are people you can just tell, they don't have what it takes. They're putting in loads of commitment or loads of money into an idea that just isn't right. Or they spend money in the wrong ways - you know how all these internet companies spent money on champagne breakfasts and $1000 chairs during the dot-com bubble? I've seen the small-scale version of that, as people rent expensive offices when I'm thinking \"\"why aren't you just working from home?\"\"   As a (small time) entrepreneur I'm obviously biased, but if you've got what it takes (so I think there is an element of \"\"predestination\"\" here) and you work hard then you *will* succeed, to some greater or lesser extent.  I mean, I know electricians and builders that have started their own contracting or supplies businesses - they're not rich by the standard of mutli-multimillionaires, but they have a bloody nice house and a bloody nice car in the driveway and they probably take an afternoon a week off to play golf. They're doing better than most of the other guys they worked with as electricians or builders 20 years ago, and I don't see that they're really doing anything too clever or sophisticated.   Also, the classic figure of 9/10 businesses failed - \"\"failed\"\" here is a very dramatic word, implying that the entrepreneur lost his or her shirt. Often it's not a case that the business lost them money - they pissed away thousands on rent or wages or misplaced marketing - but more that it made a bit of money, but not enough, so they moved on to something else. That something else might be regular employment for some people, but there are *plenty* of entrepreneurs - perhaps some of the greatest and most famous ones - who have gone on from one failure to a much bigger success.\""}
{"_id": "490352", "title": "", "text": "I have one additional recommendation: if the dealer continues to press the issue, tell them that they need to drop it, or you will write a Yelp review in excruciating detail about the entire experience. Used car dealers are very aware of their Yelp presence and don't like to see recent, negative reviews because it can cost them a lot of new business. (I'm assuming this is a used car. If it's a new car, you could go over their heads and bring up the problem with the manufacturer. Dealers hate it when you go directly to the manufacturer with a dealer complaint.)"}
{"_id": "490356", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in Lake Elsinore CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Title Loans Lake Elsinore CA 45045 Bronze Star Rd.  Lake Elsinore, CA 92532 951-816-6285 lakegatl@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-lake-elsinore-ca/"}
{"_id": "490365", "title": "", "text": "Understanding the BS equation is not needed. What is needed is an understanding of the bell curve.   You seem to understand volatility. 68% of the time an event will fall inside one standard deviation. 16% of the time it will be higher, 16%, lower.  Now, if my $100 stock has a STD of $10, there's a 16% chance it will trade above $110. But if the STD is $5, the chance is 2.3% per the chart below. The higher volatility makes the option more valuable as there's a highr chance of it being 'in the money.' My answer is an over simplification, per your request."}
{"_id": "490377", "title": "", "text": "I agree value is subjective to individuals. Therefore, most human beings would not pay anything for a highly polished turd. However, I disagree that things do not have intrinsic value. A rock may not have value to 99% of the world, but it can be useful for many things: building a house, breaking a window, etc. Likewise, a turd can be dried out and burned or used in making biogas. Everything has intrinsic value, however, many items are difficult to sell because so few people need their resources. A bit of pocket lint could be used to stuff a pillow, but who would ever do that, really?"}
{"_id": "490382", "title": "", "text": "It's just money in an account somewhere with no tax shelter or string attached, to help maturing children (18-22ish) get a kick start in life whether they go to college or not.  Basically, the money can be used for anything (for you or them).  Or you can put it in a UGMA-type account where it's technically the child's funds and not yours (but check how college loans are calculated before dumping a bunch of money in those, I believe they are looked at differently, maybe as the first source of funds that gets tapped and could impact loan qualification)."}
{"_id": "490384", "title": "", "text": "Wiring is the best way to move large amounts of money from one country to another.  I am sure Japanese banks will allow you to exchange your Japanese Yen into USD and wire it to Canada.   I am not sure if they will be able to convert directly from JPY to CND and wire funds in CND.  If you can open a USD bank account in Canada, that might make things easier."}
{"_id": "490386", "title": "", "text": "\"Anything is negotiable.  Clearly in the current draft of the contract the company isn't going to calculate or withhold taxes on your behalf - that is your responsibility. But if you want to calculate taxes yourself, and break out the fees you are receiving into several \"\"buckets\"\" on the invoice, the company might agree (they might have to run it past their legal department first). I don't see how that helps anything - it just divides the single fee into two pieces with the same overall total. As @mhoran_psprep points out, it appears that the company expects you to cover your expenses from within your charges. Thus, it's up to you to decide the appropriate fees to charge, and you are assuming the risk that you have estimated your expenses incorrectly. If you want the company to pay you a fee, plus reimburse your expenses, you will need to craft that into the contract. It's not clear what kind of expenses you need to be covered, and sometimes companies will not agree to them. For specific tax rule questions applicable to your locale, you should consult your tax adviser.\""}
{"_id": "490391", "title": "", "text": "You mean you couldn't find the hoard of 5 Sears employees chatting it up next to the nearest cash register? They'll usually ignore you for a good 5 minutes then they'll scatter without acknowledging your existence, leaving you to stand by an unmanned register."}
{"_id": "490397", "title": "", "text": "As per OP's request Slush fund, maybe?"}
{"_id": "490412", "title": "", "text": "As a programmer, I think it's bizarre that they wouldn't be running some kind of UNIX variant for all sorts of reasons.  But sometimes tech decisions at these big companies get made by non-tech people and they end up doing things in unusual ways (that's why businesses end up paying a bunch of money for lesser quality software from Microsoft, Oracle, etc.)."}
{"_id": "490423", "title": "", "text": "When money is plentiful - Demand for houses increases and accordingly so does their price. I am not saying the entire housing market can be or has been manipulated by banks. I am saying that banks have the capacity to exert influence of the housing market. The decision by banks to lend to unsuitable borrowers overheated the housing market (along with other factors)."}
{"_id": "490427", "title": "", "text": "I have a loan through them. Maybe you're one of my investors. Lol. Been thinking about becoming a lender now that my finances are back in order.   The only drawback to the loan through them is that they don't let you change your payment due date. They have a grace period that you can still pay the loan by without a penalty, but after my work pushed our pay date back by 5 days, it was barely enough. And now I don't have a grace period.  Overall am happy with them tho."}
{"_id": "490440", "title": "", "text": "You'll need to find out in what format MoneyStrands expects the data.  A .qif or an .ofx file may not be the answer."}
{"_id": "490443", "title": "", "text": "Why not just do an FHA loan? The minimum credit score is 580, and you can sometimes even go lower than that. Another alternative is to consider a rent-to-own agreement with his landlord, since it sounds like if he doesn't buy he'd continue renting there anyway."}
{"_id": "490444", "title": "", "text": "It seems from the Bernanke and pundits in general that there's an ideal inflation rate and it's not zero. When you reference that recessions bring prices down, I think I understand you, but recession does not mean deflation. In fact deflation is a rarity, not a common occurrence.  When you look at what compounding does, you see that a 3% inflation rate will double the cost of an item in 24 years. From 1975 to 2010, inflation was 4X as it ran well above 3% for a time. I chose that date as I was 13 at the time, and wasn't too aware of specific prices before that. So I've seen a pizza go from $3 to $12 during my life. I hope to live long enough to see it double again.  I think that it's hyperinflation that's an ongoing concern, but the controlled inflation as I just described is not detrimental, in fact it's preferable in some sense. For example, when I look at my 5% mortgage, it's 3.6% after tax, but with a 3% inflation rate, my cost is really .6%, as the remaining debt devalues over time and the house (in theory) goes up with inflation. On the other extreme, higher inflation, say 8%, starts to be detrimental, distorting spending behavior and bad for the system."}
{"_id": "490479", "title": "", "text": "Oh god, you're one of *those* people. Normally I don't feed trolls but I'm bored today, so here goes:  First, [mfw I ask for peer reviewed literature and you respond with blog posts, newspaper articles and links to independent.co.uk](https://media.giphy.com/media/WzE8jeKrQ3FNS/giphy.gif)  Now, to business. I'm not going to address what's discussed in the editorialized versions of the stories you shared - they are just journalists' take on a few studies. Instead, I'll address the study itself which I'm guessing you didn't bother to read.   **First study you (indirectly) linked:** &gt;The results weren\u2019t what we expected, but they tie in with previous research on addiction, which has found that substance abusers \u2013 people who are dependent on cocaine or amphetamine, for example \u2013 have altered dopamine systems.  I'm not exactly seeing how that proves your point. Of course chronic drug addicts are not going to be productive members of society but nobody is debating that   &gt;It could also explain the \u2018amotivational syndrome\u2019 which has been described in cannabis users, **but whether such a syndrome exists is controversial.**  So this very study casts doubt on the phenomena you describe  &gt;We only looked at cannabis users who have had psychotic-like experiences while using the drug.  Hmm, hardly seems like these results should be applied to the general population of all cannabis users then.   **Second Study you (indirectly) linked:**  &gt;It has also been proposed that long-term cannabis users might also have problems with motivation even when they are not high. **However, we compared people dependent on cannabis to similar controls, when neither group was intoxicated, and did not find a difference in motivation**  So this study literally disproves the core tenant of your overall argument. Thanks for the link.   **Third article you linked:** is shit. It doesn't give us details on the study no a link to the research, it just cherry picks a few quotes. Thankfully, it does refer to the same research linked in your fifth article, which I'll discuss shortly. But seriously kid, you didn't bother to actually read any of these did you?  **Fourth study you (indirectly) linked:** is literally the same study referenced in the second article. You didn't read any of these, did you?  **Fifth study you (indirectly) linked:** as I said before, it's the same research discussed in the third link. And here's the really important part:   &gt;...we do not purport to report a causal relation- ship between cannabis dependence and economic/social  problems; cannabis dependence could be a marker of a  life trajectory characterized by social and economic adversity  You do know the difference between correlation and causation, right? But seriously, this was actually a really good bit of research that I enjoyed reading and it does bring up a few points that support your point of view. If you can be bothered reading articles that don't have pictures, give this one a shot!  **Sixth study you (indirectly) linked:** again, pretty hard to discuss because the Denver Post did not bother to include a link to the research itself. But again, I think you're confusing correlation with causation. All this article proves is that, like cigarette use, marijuana use is more strongly concentrated among lower-income Americans. There is no claim that marijuana use *caused* these people to earn less money. That's your own opinion and it's not supported by any facts.    **Now, where is that bitch slap you mentioned?**"}
{"_id": "490482", "title": "", "text": "Isn't it swell? But honestly, this situation is no different than if someone wouldn't hire a black person, an old person, a woman, etc. If hiring managers are stupid enough to ask questions like this, and openly discriminate in their hiring methods, the company is going to get what's coming to them."}
{"_id": "490489", "title": "", "text": "\"Before filing your first business tax return, you will need to choose a taxation method, either corporation or partnership. If you choose a partnership, then it's moot - your business income flows through to your personal taxes via form K-1. Also, regardless of your taxation method, you should consult a legal expert, since having your business pay off your personal debt would almost always be counted as income to you, and may cause you to lose the personal liability protections provided by the LLC (aka \"\"piercing the corporate veil\"\"). Having a single-member LLC with no employees, you have to be very careful how you manage the finances of the business. Any commingling of personal and business could jeopardize your protections.\""}
{"_id": "490491", "title": "", "text": "You can't really blame company for trying to maximize profits. We are, after all, a capitalist society, and Burger King is just exercising the spirit of capitalism - profit maximization. If you want to blame someone, blame the government for its tax codes which allowed this to happen.  It would be interesting, doubt it will happen, if the profit lost due to this boycott actually exceeds the profit gain through tax dodge."}
{"_id": "490493", "title": "", "text": "Ask Boris Johnson. He's the know-it-all Brexpert.  I don't understand why there's so much confusion and disarray when you can simply ask the chief architect. Him and frog face have carefully researched answers to all of this and more."}
{"_id": "490497", "title": "", "text": "Back in the late 80's I had a co-worked do exactly this. In those days you could only do things quarterly: change the percentage, change the investment mix, make a withdrawal.. There were no Roth 401K accounts, but contributions could be pre-tax or post-tax. Long term employees were matched 100% up to 8%, newer employees were only matched 50% up to 8% (resulting in 4% match). Every quarter this employee put in 8%, and then pulled out the previous quarters contribution. The company match continued to grow.  Was it smart? He still ended up with 8% going into the 401K. In those pre-Enron days the law allowed companies to limit the company match to 100% company stock which meant that employees retirement was at risk. Of course by the early 2000's the stock that was purchased for $6 a share was worth $80 a share... Now what about the IRS: Since I make designated Roth contributions from after-tax income, can I make tax-free withdrawals from my designated Roth account at any   time? No, the same restrictions on withdrawals that apply to pre-tax   elective contributions also apply to designated Roth contributions. If   your plan permits distributions from accounts because of hardship, you   may choose to receive a hardship distribution from your designated   Roth account. The hardship distribution will consist of a pro-rata   share of earnings and basis and the earnings portion will be included   in gross income unless you have had the designated Roth account for 5   years and are either disabled or over age 59 \u00bd. Regarding getting just contributions: What happens if I take a distribution from my designated Roth account before the end of the 5-taxable-year period? If you take a distribution from your designated Roth account before   the end of the 5-taxable-year period, it is a nonqualified   distribution. You must include the earnings portion of the   nonqualified distribution in gross income. However, the basis (or   contributions) portion of the nonqualified distribution is not   included in gross income. The basis portion of the distribution is   determined by multiplying the amount of the nonqualified distribution   by the ratio of designated Roth contributions to the total designated   Roth account balance. For example, if a nonqualified distribution of   $5,000 is made from your designated Roth account when the account   consists of $9,400 of designated Roth contributions and $600 of   earnings, the distribution consists of $4,700 of designated Roth   contributions (that are not includible in your gross income) and $300   of earnings (that are includible in your gross income). See Q&As regarding Rollovers of Designated Roth Contributions, for   additional rules for rolling over both qualified and nonqualified   distributions from designated Roth accounts."}
{"_id": "490505", "title": "", "text": "&gt;I tip for service though.  This is the problem. Tipping isn't a _reward for quality_, it's the _base form of compensation a waiter receives_.  When you tip poorly for bad service, it's akin to your boss informing you that you're not being paid for your work today because it was sub-par. Or most realistically in restaurants, it's akin to your boss informing that you're not being paid for your work today because Bob down the hall screwed up. Restaurants are setup so that waiters bear the cost of the restaurants mistakes -- unless the customer complains a bunch to get a comped meal (but even in that case, most consumers still punish the waiter through decreased tipping).   I agree in increasing the base wage significantly, but I realize that this won't happen in most of the country. (A few blue states already pay waiters minimum wage, but outside of that, most of the country doesn't give a shit)."}
{"_id": "490515", "title": "", "text": "Keep the door closed to save money.  And if you have an ice machine, turn that off too.  You need to warm up the tray to get ice out of it and heating something inside your freezer is expensive."}
{"_id": "490525", "title": "", "text": "Split the difference. Max it out, sell half immediately and wait a year or more for the rest. Or keep a third... whatever works for your risk tolerance. A perfectly diversified portfolio with $0 in it is still worth $0."}
{"_id": "490529", "title": "", "text": "\"To expand on @JoeTaxpayer's answer, the devil is actually in the fine print. All  the \"\"credit-card checks\"\" that I have ever received in the mail explicitly says that the checks cannot be used to pay off  (or pay down) the balance on any other credit card issued by the same bank, whether the card is branded with the bank logo or is branded with a department-store or airline logo etc. The checks can be used to pay utilities, or even taxes, without paying the \"\"service fee\"\" that is charged for using a credit card for such payments. The payee is paid the face amount of the check, in contrast to charges on a credit card from a merchant who gets to collect only about 95%-98% of the amount on the  \"\"charge slip\"\". Generally speaking, balance transfer offers are a bad deal regardless   of whether you pay only the minimum amount due each month or whether   you pay each month's statement balance in full by the due date or   anything in between. The rest of this answer is an explanation in support of the above assertion. Feel free to TL;DR it if you like. If you make only the minimum payment due each month and some parts of the balance that you are carrying has different interest rates applicable than other parts, then your payment can be applied to any part of the balance at the bank's discretion. It need hardly be said that the bank invariably chooses to apply it to pay off the lowest-rate portion. By law (CARD Act of 2009), anything above the minimum payment due must be applied to pay off the highest-rate part (and then the next highest rate part, etc), but minimum payment or less is at the bank's discretion. As an illustration, suppose that you are not using your credit cards any more and are conscientiously paying down the balances due by making the minimum payment due each month. Suppose also that you have a balance of $1000 carrying 12% APR on Card A, and pay off the entire balance of $500 on Card B, transferring the amount at 0% APR to Card A for which you are billed a 2% fee. Your next minimum payment  will be likely be $35; computed as $10 (interest on $1000) + $10 transfer fee + $15 (1% of balance of $1500). If you make only the minimum payment due, that payment will go towards paying off the $500, and so for next month, your balance will be $1500 of which $1035 will be charged 1% interest, and $465 will be charged 0% interest.  In the months  that follow, the balance on which you owe 1% interest per month will grow and the 0% balance will shrink.  You have to pay more than the minimum amount due to reduce the amount that you owe. In this example, in the absence of the balance transfer, the minimum payment would have been $20 = $10 (interest on $1000 at 1% per month) + $10 (1% of balance) and would have left you with $990 due for next month.  To be at the same point with the balance transfer offer, you would need to pay $30 more than the minimum payment of $35 due. This extra $30 will pay off the interest and transfer fee ($20) and the rest will be applied to the $1000 balance to reduce it to $990. There would be no balance transfer fee in future months and so the extra that you need to pay will be a little bit smaller etc. If you avoid paying interest charges on credit cards by never taking any cash advances and by paying off the monthly balance  (consisting only of purchases made within the past month) in full by the due date, then the only way to avoid paying interest on the purchases made during the month of the balance transfer offer is to pay off that month's statement in full (including the balance just transferred over and the balance transfer fee) by the due date.  So, depending on when in the billing cycle the transfer occurs, you are getting a loan of the balance transfer amount for 25 to 55 days and being charged 2% or 3% for the privilege. If you are getting offers of 2% balance transfer fees instead of 3%, you are probably among those who pay their balances in full each month, and the bank is trying to tempt you into doing a balance transfer by offering a lower fee. (It is unlikely that they will make a no-transfer-fee offer.) They would prefer laughing all the way to themselves by collecting a 2% transfer fee from you (and possibly interest too if you fail to read the fine print) than having you decline such offers at 3% as being too expensive. Can you make a balance transfer offer work in your favor? Sure.  Don't make any purchases on the card in the month of the balance transfer or during the entire time that the 0% APR is being offered. In the month of the transfer, pay the minimum balance due plus the balance transfer fee. In succeeding months, pay the minimum balance due (typically 1% of the balance owed) each month. All of it will go to reducing the 0% APR balance because that is the only amount owing. Just before the 0% APR expires (anywhere from 6 to 24 months), pay off the remaining balance in full.  But remember that you are losing the use of this card for this whole period of time. Put it away in a locked trunk in the attic because using the card to make a purchase will mean paying interest on charges from the day they post, something that might be totally alien to you.\""}
{"_id": "490540", "title": "", "text": "Limited transactions: what's to stop a firm from having thousands of bank accounts to avoid the limit. This of course is costly.   Tax on transactions: some trades are worth $00.001 and some are $190,000. They shouldn't be taxed the same.   Both increase costs of capital and literally everyone in America pays for it. Investment is more expensive. And our beautiful liquid market is no longer as efficient and can no longer responds as quickly to market forces. Investors now go to other foreign markets that don't limit or charge for transactions. Both plans will cost the economy billions of dollars and for what? So some computers don't trade almost instantaneously? Exactly why is that a problem other than class warfare? A lot of the risks that people have about flash crashes have been mitigated with better algorithms and rules."}
{"_id": "490552", "title": "", "text": "&gt; Make up your mind please.  My mind is made up.  I just knew you would justify your claim of what the social contract could be with the Constitution.  I then pointed out two reasons why that position is invalid.  Worked too since you came up with no counter-argument.  &gt; Capitalism is anarchy. It is not a system.  Barter is anarchy.  Capitalism requires a government to set up the concept and enforcement of property and wage labor as well as some central authority issuing money.  &gt; What is a more correct distribution of wealth than allowing everyone to keep what they earned with their skills on a free market?  A more correct distribution would involve giving some back to the state.  The worker can work because of public education, police officers, a healthy environment, and the maintenance of a capitalist system.    &gt; Monopoly is a game.  It is a game that was made to teach that a capitalist system is unstable.  Without wealth redistribution in our society one person would end up with all the money."}
{"_id": "490558", "title": "", "text": "Which sucks.  I'm a liberal gun owner, and I'd love to support the NRA because I want to support gun rights... but I just cant bring myself to do it since I'm directly funding the campaigns of a bunch of republicans I disagree with on... well... everything else."}
{"_id": "490584", "title": "", "text": "There are multiple factors at play that drive stock price movements, but one that can be visualized is that stocks can be priced relative to other (similar stocks).  When one stock price goes up without fundamental changes (i.e. daily market noise/movements), it becomes slightly more expensive relative to it's peers.  Opportunists will sell the now slightly more expensive stock, while others may buying the slightly cheaper (relatively) peer stock.    Imagine millions of transactions like this happening throughout each hour, downward selling pressure on a stock that rises too fast in value relative to it's peers or the market, and upward buying pressure on stocks that are relatively cheaper than it's peers.  It pushes two stocks towards an equilibrium that is directionally the same.    Another way to think of it is lets say tomorrow there is $10B in net new dollars moved into buy orders for stocks that comes from net selling of bonds (this is also partly why bonds/stocks are generally inversely related).  That money goes to buys stocks ABC, XYZ, EFG.  As the price of those goes up with more buying pressure, stocks JKL, MNO, PQR are relatively a tad cheaper, so some money starts to flow into there.  Repeat until you get a large majority of the stocks that buyers are willing to buy and you can see why stocks move in the same direction a lot of times."}
{"_id": "490587", "title": "", "text": "\"Theoretically, it shouldn't matter which one you use.  Your return should only depend on the stock returns in SGD and the ATS/SGD exchange rate (Austrian Schillings? is this an question from a textbook?).  Whether you do the purchase \"\"through\"\" EUR or USD shouldn't matter as the fluctuations in either currency \"\"cancel\"\" when you do the two part exchange SGD/XXX then XXX/ATS. Now, in practice, the cost of exchanging currencies might be higher in one currency or the other.  Likely a tiny, tiny amount higher in EUR.  There is some risk as well as you will likely have to exchange the money and then wait a day or two to buy the stock, but the risk should be broadly similar between USD and EUR.\""}
{"_id": "490620", "title": "", "text": "You sell any investment because you need to do something else with the money -- rebalance your investments, buy something, pay off a debt...."}
{"_id": "490630", "title": "", "text": "Perhaps an example will help make it more clear. Any given year:  Revenue:  200K, profit 60K You get 40K in profit, plus any salary, he gets 20K Next year you attract the attention of a competitor and they offer and you accept to sell.  You would get 100% of the proceeds. This is kind of a bad deal for him as you could easily play accounting tricks to diminish the company's profits and reduce his pay.  For the given example, you could pay yourself a 60K bonus and reduce the profit to zero and eliminate his compensation.  There should probably be a revenue metric included in his compensation. Edit: It is really nice to hear you have a desire to treat this person fairly.  Honesty in business is necessary for long term success.  I would simply make his salary dependent upon the revenue he generates.  For example, lets say you can make a widget for 4 and you expect to sell them for 10.  Your profit would be 6, and with the suggested split he would receive $2, you $4. Instead I would have him receive like 15% of the revenue generated This allows for some discounts for bulk items and covers the cost of processing sales.  It also allows him to share revenue with his staff.   Alternatively you could also do a split.  Perhaps 7.5% of revenue and 10% of profit."}
{"_id": "490641", "title": "", "text": "\"**Betteridge's law of headlines**  Betteridge's law of headlines is one name for an adage that states: \"\"Any headline that ends in a question mark can be answered by the word no.\"\" It is named after Ian Betteridge, a British technology journalist, although the principle is much older. As with similar \"\"laws\"\" (e.g., Murphy's law), it is intended as a humorous adage rather than the literal truth.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "490648", "title": "", "text": "See many past answers: you will usually save the most money by paying off the highest-intetest-rate loan first. (Remember to allow for tax effects, if any, when comparing real interest rates.) Some folks are more motivated to simplify their finances than to save money; in that case you might pay off the smallest loan first."}
{"_id": "490650", "title": "", "text": "\"First paragraph is very true. But you also have to take into consideration that the adviser and the company are 2 different \"\"things\"\" to look into. For the adviser, quickest and easiest way is to do a Facebook search. The point of this is to see how transparent they are with their personal life. Even companies are now relying on Facebook to see how they \"\"really\"\" are. I wouldn't care if the person has lots of photos with booze and girls, but I would be concerned if they are using FB for spamming purposes, have pictures with drugs, or hints that they don't like their job and want to move on to something else.  Second paragraph is spot on as well. But I would rather want to know if the company cold calls or not... which leads in to your last statement.  For one adviser, more than 100 clients is a red flag. This could mean that they push savings plans left and right, they don't contact their current clients, and/or they may not have the ability to assist clients should they get many queries.  A few good questions to ask:  1. How do you make your salary?  2. Besides this plan you are selling me, what other types of products do you work with and show me several examples?  3. How many other advisers are in your firm?  4. How many clients does your colleagues and boss have?  5. How often do you cold call?  6. Who else cold calls in your office?  7. How does your company get new clients OTHER than referrals?   Go interrogation style and ask the above questions several times using different phrases.\""}
{"_id": "490651", "title": "", "text": "\"Who's \"\"they\"\"? The brokerage is incorporated in Cyprus, which is known to harbor illegal/unethical financial firms (and for Russian money laundering). It's not easy to regulate unfortunately.   As a side-note, they're obviously targeting football fans to attract all the bookies guys and sports gamblers. Sad to see...\""}
{"_id": "490655", "title": "", "text": "Over the last 100 years this has happened twice. It cant be considered an outlier. Especially considering the misery is far from over, euro crisis, looming pension crisis, food crisis, etc. There are a lot of things far from resolved. An event that happens once every 50 years is hardly an outlier just unlikely."}
{"_id": "490668", "title": "", "text": "Because we've gone through a series of bubbles, and have just about completed the second to last bubble, which is fiscal deficits.  We are now on the cusp of initiating the last bubble, a currency bubble, which will likely deteriorate quickly.  Then we will probably have a large scale war."}
{"_id": "490703", "title": "", "text": "&gt; You're right about the accuracy of axioms being important though. If you can disprove an axiom you can disprove the theory, that's why the fewer axioms taken, and the simpler those axioms are, the stronger the resultant argument becomes.  That is true philosophical argument and is however quite a bit removed from the original point of this discussion. Your point, which I rebutted several times over the course of this thread - is that lowering taxes will lead to increased growth, compensating for the revenue deficit. You are basing this on the Laffer curve - which states that there is a particular taxation point where the total collected taxes are maximized. The curve itself seems fairly common sense at a first glance, but are we to the right of the curve? Several papers have argued that we are on the left^[1](http://www.journals.uchicago.edu/doi/10.1086/261018),[2](http://www.sciencedirect.com/science/article/pii/S105353579690013X),[3](http://www.sciencedirect.com/science/article/pii/0304393295012249).  Additionally, the curve itself is doubtful - as it has not been observed in a real world setting. Austerity measures almost wrecked European economies in the early part of this decade, while the Kansas experiment was a utter bust.   &gt; We can make certain simple assumptions about human nature, such as that all else being equal, people will chose to take actions that aligns with their wants/needs over ones that do not.  And this is an incomplete statement. People will take actions in a boundary of possibility. That boundary is much higher for somebody whose wealth puts them at 99.9% of the scale rather than being at 20%. And taking the point further, the wants/needs are also very different for somebody at different social stratums. Given that, there is no evidence (and rather there is a wealth of contradictory evidence) that giving a tax cut to the highest income earners would boost the economy.  Your assumptions and axioms are wrong, and a simple introductory economics course ([MITX](https://ocw.mit.edu/courses/economics/14-02-principles-of-macroeconomics-spring-2014/), [edX](https://www.edx.org/course/introduction-economics-macroeconomics-snux-snu044-088-2x)) will solve your misconceptions.  Beyond mathematical mastery, the true mark of a rational, scientific person is a willingness to accept mistakes and be humble about it. I see neither in you. On the contrary when presented with evidence, you raise straw man arguments (eg: the validity of epistemological vs empirical observations), obfuscate facts and changing of goalposts. When presented with economic reason, I see pride in not knowing modern economic advancements. You see that as a mark of intelligence, but that is idiocy that belongs on /r/iamverysmart"}
{"_id": "490709", "title": "", "text": "As far as I know, with ADRs you're essentially trading by proxy -- a depository bank is holding the actual stock certificate, and must provide you with the actual stock on demand. The one thing that is different is that in the event that the ADR is terminated (which sometimes happens with mergers), you have a limited period of time to sell the shares -- otherwise, you get the actual foreign stock that you may or may not be able to trade without transferring to a different broker."}
{"_id": "490719", "title": "", "text": "OMG. A recession is coming.  Wait...hasn't that been a true statement since forever? No shit a recession is coming. That's like saying a thunderstorm is coming. This is a natural part of economics. Recessions are a necessary part of growth, almost like growing pains. Now the real question is 'when will the recession happen.' However nobody truly knows that, so it's better to spend your efforts making sure you're prepared for when a recession occurs as opposed to worrying about when that will happen."}
{"_id": "490723", "title": "", "text": "The degrees to which a positive is positive and a negative is negative are up to you.  There is no correct answer. A couple points of caution:"}
{"_id": "490731", "title": "", "text": "Yes, smartphones are VERY dependent on country. If you look at India, AAPL is pushing the iPhone 4 and not even talking about the iPhone 5, because it's their only way of affordably breaking into what's been a pretty hostile market for them.   Conversely, in Japan (to which America is closer here) iOS actually outsells Android.  But yeah that 11.7% figure still just feels small."}
{"_id": "490736", "title": "", "text": "\"Absolutely.  He should stay that extra hour or two, and so should you.  But you should both be compensated for it... that's why we have labor laws in the first place.  There is always a project and always a deadline.  I've put in 18 hours days at 6 days a week, for weeks on end to finish them.  I know exactly what you mean.  But I also clock time in 3 minute increments as well, due to my &gt; selfish mindset.  [I think] He's not saying \"\"I won't stay that extra hour,\"\" he's saying, \"\"You pay me hourly.\"\"  Probably spelled out clearly at the job negotiation.  You probably wouldn't *have* to work with a guy like that because companies would likely laugh and say, \"\"thanks for your time.\"\"  I'd like to think that one day I'll be in a position where I can say no to a reasonably salaried job again, and instead insist on hourly.  I will if there's any way I can afford it.\""}
{"_id": "490759", "title": "", "text": "It's retarded to not promote students because of that reason. People in general think that adults work in maybe 3 jobs their whole life. That's not the case anymore. Company and employee loyalty is out the window. In a lot of jobs especially white collar work getting headhunted into a better situation and compensation is the best way to move up it seems."}
{"_id": "490786", "title": "", "text": "\"You are talking about a one time giving vs a continuous giving. When US give money to Pakistan, it's a continuous giving. that's why Pakistan don't say shit when US bombs the hell of out them. but when the money stops coming, I will bet you Pakistan will be the loudest on the street bitching about the US.  The bailout the Euros are asking for is a one time giving. What happens as soon as they take the money from China? \"\"Fuck the Chinese. Political power? What political power? HUMAN RIGHTZ VIOLATIONZ!!!\"\"\""}
{"_id": "490787", "title": "", "text": "Can you link a reliable source for that?  It would be huge news but so far I see people suggesting this with no proof.  AFAIK they have been very careful not to have any evidence, assuming they are involved.  Also, don't forget that there are legitimate rebels who live there and want to join russia."}
{"_id": "490797", "title": "", "text": "\"Agreed. I use to fly cross country every other week and depending on whose price was lower, I could go either VA or AA. VA's seats, in flight entertainment and food options, timeliness, cleanliness and attendant hotness completely blows away AA. AA's coach seats are the same things I sat in flying to Florida when I was 12. They still do in-flight movies on busted-up CRTs over the center aisle. I'd fly Virgin America everywhere if I could.  That being said, I *did* have one of my greatest travel experiences ever arise when flying to Turkey on AA and losing my passport en route (while still in the US, fortunately), stranding me in an airport on Christmas night. A couple of AA personnel went above, beyond, over and out of their way to get me to where I needed to be. Seriously, it's one of these stories that's so improbable yet brilliant that any ad exec would instantly set up the \"\"satisfied customer\"\" commercial shoot as soon as they heard it. I wrote letters to AMR and every manager from the terminal on up that I could find to talk these guys up, and never heard peep back from their managers. I only hope these guys got *something* out of it besides the satisfaction of saving my dumb ass.\""}
{"_id": "490798", "title": "", "text": "\"The mathematics site, WolframAlpha, provides such data. Here is a link to historic p/e data for Apple. You can chart other companies simply by typing \"\"p/e code\"\" into the search box.  For example, \"\"p/e XOM\"\" will give you historic p/e data for Exxon. A drop-down list box allows you to select a reporting period : 2 years, 5 years, 10 years, all data.  Below the chart you can read the minimum, maximum, and average p/e for the reporting period in addition to the dates on which the minimum and maximum were applicable.\""}
{"_id": "490831", "title": "", "text": "Do not try to deposit piece wise. Either use the system in complete transparence, or do not use it at all. The fear of having your bank account frozen, even if you are in your rights, is justified. In any case, I don't advise you to put in bank before reaching IRS. Also keep all the proof that you indeed contacted them. (Recommended letter and copy of any form you submit to them) Be ready to also give those same documents to your bank to proove your good faith. If they are wrong, you'll be considered in bad faith until you can proove otherwise, without your bank account. Do not trust their good faith, they are not bad people, but very badly organized with too much power, so they put the burden of proof on you just because they can. If it is too burdensome for you then keep cash or go bitcoin. (but the learning curve to keep so much money in bitcoin secure against theft is high) You should declare it in this case anyway, but at least you don't have to fear having your money blocked arbitrarily."}
{"_id": "490843", "title": "", "text": "I agree maybe her language was misplaced but her sense of outrage was certainly justified. Yes she sold her image but to use it in a sexual context without informing her is outrageous. The arguments against her being offended amount to little more than 'she was asking for it'."}
{"_id": "490865", "title": "", "text": "\"I know this is a little late but here is my answer. No. You do not \"\"need\"\" to incorporate. In fact, incorporating in your situation will cost you in legal fees, administrative headaches, and a fair bit in taxes. The CRA would probably look at your corporation as a personal services corporation and it would not be allowed to claim a number of tax reductions. The tax rate would end up being over the top range (unless you are in Quebec where it would be just under the top marginal range).\""}
{"_id": "490867", "title": "", "text": "Having gone though this type of event a few times it won't be a problem. On a specific date they will freeze your accounts. Then they will transfer the funds from custodian X to custodian Y. It should only take a day or two, and they will work it around the paydays so that by the time the next paycheck is released everything is established in the new custodian.  Long before the switch over they will announce the investment options in the new company. They will provide descriptions of the options, and a default mapping: S&P 500 old company to S&P 500 new company, International fund old company to international fund new company...  If you do nothing then on the switchover they will execute the mapped switches. If you want to take this an an opportunity to rebalance, you can make the changes to the funds you invest in prior to the switch or after the switch. How you contributions are invested will follow the same mapping rules, but the percentage of income won't change. Again you can change how you want to invest your contributions or matching funds by altering the contribution forms, but if you don't do anything they will just follow the mapping procedures they have defined.  Loans terms shouldn't change.  Company stock will not be impacted. The only hiccup that I would worry about is if the old custodian had a way for you to transfer funds into any fund in their family, or to purchase any individual stock. The question would be does the new custodian have the same options. If you have more questions ask HR or look on the company benefits website. All your funds will be moved to the new company, and none of these transfers will be a taxable event. Edit February 2014: based on this question: What are the laws or rules on 401(k) loans and switching providers? I reviewed the documents for the most recent change (February 2014). The documents from the employer and the new 401K company say: there are no changes to the loan balances, terms, and payment amounts. Although there is a 2 week window when no new loans can be created. All employees received notice 60 days prior to the switchover regarding new investments options, blackout periods."}
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{"_id": "490871", "title": "", "text": "The DOD is socialism for the working class. It creates  millions of jobs. We need a solution to shift those people from making guns, to building bridges, and fiber internet lines. So those jobs are secure but the money is well spent."}
{"_id": "490888", "title": "", "text": "\"You need to do a bit more research and as @littleadv often wisely advises, consult a professional, in this case a tax layer or CPA. You are not allowed to just pull money out of a property and write off the interest.  From Deducting Mortgage Interest FAQs If you own rental property and borrow against it to buy a home, the   interest does not qualify as mortgage interest because the loan is not   secured by the home itself. Interest paid on that loan can't be   deducted as a rental expense either, because the funds were not used   for the rental property. The interest expense is actually considered   personal interest, which is no longer deductible. This is not exactly your situation of course, but it illustrates the restriction that will apply to you.  Elsewhere in the article, it references how, if used for a business, the interest deduction still will not apply to the rental, but to the business via schedule C.  In your case, it's worse, you can never deduct interest used to fund a tax free bond, or to invest in such a tax favored product.  Putting the facts aside, I often use the line \"\"don't let the tax tail wag the investing dog.\"\" Borrowing in order to reduce taxes is rarely a wise move. If you look at the interest on the 90K vs 290K, you'll see you are paying, in effect, 5.12% on the extra 200K, due the higher rate on the entire sum. Elsewhere on this board, there are members who would say that given the choice to invest or pay off a 4% mortgage, paying it off is guaranteed, and the wiser thing to do. I think there's a fine line and might not be so quick to pay that loan off, an after-tax 3% cost of borrowing is barely higher than inflation. But to borrow at over 5% to invest in an annuity product whose terms you didn't disclose, does seem right to me. Borrow to invest in the next property? That's another story.\""}
{"_id": "490899", "title": "", "text": "all of these examples are great if you actually believe in fundamentals, but who believes in fundamentals alone any more? Stock prices are driven by earnings, news, and public perception. For instance, a pharma company named Eyetech has their new macular degeneration drug approved by the FDA, and yet their stock price plummeted. Typically when a small pharma company gets a drug approved, it's off to the races. But, Genetech came out said their macular degeneration drug was going to be far more effective, and that they were well on track for approval."}
{"_id": "490911", "title": "", "text": "The NYSE holidays are listed online here: https://www.nyse.com/markets/hours-calendars"}
{"_id": "490923", "title": "", "text": "No the government got screwed. They only made a profit if you squint very hard and ignore lots of things.  They should have done what Buffett did, or more, offering to buy as many share as needed at 1c a share. No-one need to bust but stupid greedy people needed to learn a lesson.  Of course they did learn a lesson: America is the home of socialized losses and privatized profits."}
{"_id": "490942", "title": "", "text": "It is what it is.  My gripe about it is there was a massive amount of fraud committed and no one was punished except for a few scumbag mortgage brokers who in the grand scheme of things were bit parts in one of the biggest financial events in modern history"}
{"_id": "490943", "title": "", "text": "In the world, the huge selection of toys online store, but Showz Store is the best way for you. The best online toy stores are simple to use and have wide search features. A lot of sites allow you to narrow your search results further, making finding that toy still easier. The Shadow Fisher is the best toy for your creative kids. Receiving your toys quickly and economically is essential. You should find no hidden shipping fees when purchasing toys online."}
{"_id": "490948", "title": "", "text": "Most likely, yes. AD&D is insurance against a specific type of peril.  Life insurance is, too, but there are fewer exceptions to payout.  I'd imagine that you'd have to die by accident, or be dismembered but not die, for it to pay out.  The exceptions in the policy are what you need to be concerned about. If loss of you (and your income) would be of financial hardship to your wife and your goals for your family, then you should consider life insurance. (If you do, consider having your wife buy the policy on you, and make sure it's clear that her funds were paying for it.  It may be possible to avoid having the payout go into your estate that way.)"}
{"_id": "490955", "title": "", "text": "\"Executive summary: It sounds like the merchant just did an authorization then cancelled that authorization when you cancelled the order, so there was never an actual charge so you'll never see an actual refund and there's no money to \"\"claim\"\". More detail: From your second paragraph, it sounds like they just did an authorization but never posted the transaction. A credit card authorization is basically the merchant asking your credit card company \"\"Does sandi have enough credit to pay this amount and if so please reserve that amount for a bit.\"\" The authorization will decrease the total credit you have available on the card, but it's not actually a charge, so if your billing cycle ends, it won't show up on your statement. Depending on which company issued your credit card, you may be able to see the authorization online, usually labelled something like \"\"Pending transactions\"\". Even if your credit card company doesn't show pending transactions, you'll see a decrease in your available credit, however you shouldn't see an increase in your balance. The next step, and the only way the original merchant gets paid, is for the merchant to actually post a transaction to your card. Then it becomes a real charge that will show up on your next credit card statement and you'll be expected to pay it (unless you dispute the charge, but that's a different issue). If the charge is for the same amount as the authorization, the authorization will go away (it's now been converted to an actual charge). If the amounts are different, or the merchant never posts a transaction, the authorization will be removed by your credit card company automatically after a certain amount of time. So it sounds like you placed the order, the merchant did an authorization to make sure you could pay for it and to reserve the money, but then you cancelled the order before the merchant could post the transaction, so you were never really charged for it. The merchant then cancelled the authorization (going by the start of your third paragraph). So there was never an actual transaction posted, you were never charged, and you never really owed any money. Your available credit went down for a bit, but now should be restored to what it was before you placed the order. You'll never see an actual refund reflected on your credit card statement because there was no actual transaction.\""}
{"_id": "490972", "title": "", "text": "I've flown American regularly for the past two years because it's the only carrier offering nonstops between Richmond, VA and DFW.   Something is definitely up with them lately.   After 18 months of nearly perfect on-time service (except for weather delays), four out of my last five flights with them have been delayed for maintenance issues, several for 2 hours or more."}
{"_id": "490987", "title": "", "text": "Take your problem-solving skills to the next level while learning to build. Game design courses allow students to create their own unique virtual worlds with blocks of material mined from the ground. Children interested in games, such as video or computer games, and how they work may enjoy attending some Game Design Programs. These Game design programs &amp; courses give children a great opportunity to learn the basics of game design and computer programming. Checkout us online: http://www.homebuiltairplanes.com/forums/member.php?u=46848"}
{"_id": "490991", "title": "", "text": "It may have been the standard practice for a long time, and indeed it still is the common practice for my credit union to apply all excess payment directly to the principal. At the risk of sounding a little cynical, I will suggest that there is a profit motive in the move to not applying excess payments to principal unless directly instructed to do so. Interest accrued isn't reduced until the principal is reduced, so it benefits the creditor to both have the money in advance and to not apply it to the principal. You should probably move forward with the expectation that all of your creditors are adversarial even if only in a passive-aggressive manner."}
{"_id": "490997", "title": "", "text": "Why was I sent both 1042-S and 1099. Which amount is the right amount that has been withheld. Generally, each tax form you get will be about a separate income; for instance, you might get a 1099-DIV for dividends you earned from an investment and then a 1099-B for the profit or loss on selling that investment, in which case you'd report them both to the IRS. In this case, you've also had money withheld as a non-resident alien, which is why you've been issued a 1042-S. So you need to report both amounts to the IRS."}
{"_id": "491028", "title": "", "text": "\"One option is to look at the IRS Witholding Calculator - As George Marian notes, this is by no means a perfect way to \"\"estimate\"\" how much you'll owe.  Other key questions for you to answer: There's no silver bullet here. The best you can do is to understand the key inputs into how your taxes are calculated, and then identify the most important tax deductions that you might take. Then pray that you haven't missed some nuance and use a tax program early in January to check your assumptions so you're not completely surprised when April rolls around.  A final suggestion: do your own taxes using a website like TurboTax. Take the time to \"\"itemize\"\" your tax deductions just to learn what is tax deductible. You can figure out how the big parts of tax law works by just looking at what you could deduct in the future.\""}
{"_id": "491049", "title": "", "text": "**Why are we collecting emails?** The email is for two purposes. (1) so we can let you know when challenges become available, and (2) so that we can send your payment, and contact the raffle winner.  The survey will also ask about: investment experience, portfolio size, and education. This is crucial to interpreting the results scientifically.   All data will be stored on a secured server, and **your personal information will never be shared with anyone.** Any data made available during publication will be fully anonymized according to best practices."}
{"_id": "491052", "title": "", "text": "The Government self-assessment website states you can ask HMRC to reduce your payments on account if your business profits or other income goes down, and you know your tax bill is going to be lower than last year. There are two ways to do this:"}
{"_id": "491053", "title": "", "text": "Yes, anything that lowers your MAGI will help you avoid the cliff, and all above the line deductions like HSA/IRA contributions do so. I'd prioritize maxing HSA contributions over maxing IRA contributions, but that's another topic. Here's a good article on avoiding the cliff, but you've already got it figured correctly: Stay Off the Obamacare ACA Premium Subsidy Cliff Here's what goes into MAGI for ACA purposes (from healthcare.gov): Your MAGI is the total of the following for each member of your   household who\u2019s required to file a tax return: You mentioned traditional IRA, and that's important since Roth IRA contributions do not lower AGI."}
{"_id": "491064", "title": "", "text": "\"That's a pretty good question for a six-year-old! In addition to the good answers which point out that expectations are priced in, let's deny the premises of the question: Sales do not increase the value of a company; a company could be, for example, losing money on every sale. Share prices are (at least in theory) correlated with profits.  So let's suppose that company X is unprofitable 320 days a year and is relying upon sales in late November and December to be in the black for the year. (Hence \"\"black Friday\"\".)  Carefully examine the supposition of this scenario: we have a company that is so unprofitable that it must gamble everything on successfully convincing bargain hunting consumers in a weak economy to buy stuff they don't actually need from them and not a competitor. Why would this inspire investor confidence? There are plenty of companies that fail to meet their sales targets at Christmas, for plenty of reasons.\""}
{"_id": "491081", "title": "", "text": "I hear what you're saying, but having been writing for a while, I can say with authority that the articles sticking to dry facts that you call for never make any exposure in the first place.  If you want to get your point across, you had better mix in a bit of passion about it."}
{"_id": "491082", "title": "", "text": "Yes, I see the same problem.  Google's version seems to be correct, however."}
{"_id": "491086", "title": "", "text": "&gt;I trust the IT security of a local civic government less than one of the largest e-commerce conglomerate.  A local government isn't going to have much in the way of security, they also not going to be managing your license plate or any other such info either.  More so how often do you hear about some data breach with a big company compared to the government?"}
{"_id": "491090", "title": "", "text": "According to my wife who used to work in the industry, since an investment mortgage is more likely to fail (they are just riskier) there are higher loan to value requirements and higher interest rates. They are just different products for different situations."}
{"_id": "491124", "title": "", "text": "When I was in grad school (at an engineering school) my apartment-mates and I came up with this formula: Worked marvelously."}
{"_id": "491127", "title": "", "text": "Several answers already addressed the issue that you wouldn't want to get into this situation in the first place, but looking forward the problem is that you want to spend 2000, whilst you don't have it (or at least not 3200). Besides finding a way to get more loans/credit than you already have, you can consider whether you could survive without spending the 2k in question."}
{"_id": "491183", "title": "", "text": "As somebody working in Equity research for one of the top ranked ER producing firms in NA, i'm a little surprised to see so many people down on sellside ER.  It absolutely has value, although it is not as directly tangible as somebody sitting at a desk cold calling and closing sales. Every day we are sending out a huge amount of advisory information to our sales and trading guys, as well as our clients. Our MD and analysts are on the phone constantly with guys on the other end looking to make decisions and wanting clarification.  My group in particular works in a sector where differentiating between a huge number or relatively similar firms that all require incredibly high capital investments is the name of the game, and as such finding ER analysts who can really pick out the important subtle details is very important for identifying real value.  I'll agree that being able to sell is important, but that's always something you have to be good at no matter what it is you're doing. Even in interviews with a hospital you have to sell yourself.  This got a bit long but is SS ER dying? Absolutely not. Is there going to be a concentrating focus on a smaller number of quality analysts? Possibly.  I'm a junior guy, so who knows where this industry is going. All I know is that compared to my friends in entry level roles in S&amp;T and IB, the technical knowledge i'm picking up with regards to my sector is leaps and bounds ahead of them and will give me a great deal of optionality going into the future as to where I want to take my career.  I really like being in ER, and i respect the people I'm lucky enough to work with and I don't think that the guys who really know how to pick the winners are going anywhere."}
{"_id": "491207", "title": "", "text": "LC Webpros is a digital marketing company. We provide digital marketing services such as Internet Marketing, Web Design, Social Media Marketing, SEO and more service. We also provide Videography and Photography service. If you want to Social Media Marketing for your company in the world, then you can visit our company website.It is very important that you understand the fundamentals of how is social media actually works and how it's being used."}
{"_id": "491211", "title": "", "text": "I googled this after my comment, seems like Hardee's was all but driven out of my state (Michigan) by Wendy's &amp; Tim Horton's? ... frankly, I don't miss it .... was like just a hair above Arbie's, and just the thought of Arbie's makes my bowels angry."}
{"_id": "491213", "title": "", "text": "I order what I can from Amazon if the price is same to HD/Lowes.  Too easy to just order at night when I am done working and it shows up a couple of days later...saves me a lot of time.  Amazon has terrible prices/selection of electrical, pipe and drain fittings.  It is also hard to buy lumber or concrete on Amazon; I would if I could."}
{"_id": "491219", "title": "", "text": "Mortgage or other interest rates are determined by the banks on cost of funds, risk and operating cost.   The Fed raises money from the markets by issuing Tresury Bonds at a specified rate. This rate at which it raises money varies depening on the economy. Thus there are 2 rates: the rate at which banks can borrow money from the Fed, which is higher than the rate that the Fed would give banks for excess money deposited with them. So if the cost of borrowing is less, banks can borrow this money from the Fed and loan it to individuals at a slightly higher rate that would cover their costs plus a small profit. The risk associated with a mortgage is less, and hence these would be cheaper, then say a personal loan.  If the cost of borrowing goes up, the mortgage rate will go up. If the cost of borrowing money goes down, the cost would come down. Banks may not always borrow money to lend. If they have existing money, they can either park it with the Fed for a lower interest rate, or loan it to individuals for a rate higher than what they would have received from the Fed."}
{"_id": "491220", "title": "", "text": "Distributions from an inherited IRA will be taxed as ordinary income and there are required minimum distributions for the inherited account. Assuming you were 55 at the time of your mother's death, your life expectancy according to the IRS is 29.6 years. Your required yearly distributions on $200,000 would be roughly $6800. For each year that you didn't withdraw that, you would owe a 50% penalty of the distribution amount (~$3400). That's probably better than the tax hit you would take if you pulled it all in as income in a 5 year window (ie. all right now since you're at the end of the window)."}
{"_id": "491225", "title": "", "text": "You need wealth in order to have a sovereign wealth fund. The countries that do it are usually petro states such as Norway and Saudi Arabia. Since petrol is in dollars, they sell oil and get dollars.   They need a way to then spend this money, hence the wealth fund."}
{"_id": "491241", "title": "", "text": "I agree with everyone who has simply told you 'Dont' and 'You can't' and add a few more considerations that you don't want to deal with: What you want to do is admirable but very complicated from a financial and legal perspective.  If this is really a route that you want to go down you should give up on the 'simple' and consider hiring a lawyer."}
{"_id": "491252", "title": "", "text": "\"LOL!!!!!! If anything, Hillary goes to prison with Susan Rice, Podesta, etc.  The \"\"meh Russia\"\" story is made up, and if it's true, it was happening under Obama watch. Do you seriously believe Russia made the Hillary cheat on debate questions, rig the election against Sanders, e-mail fiasco, etc?\""}
{"_id": "491257", "title": "", "text": "Yes, Alpha Vantage. As MasticatedTesticle points out, it is worth asking where it originally comes from, but it looked to me like a solid source for, in particular, intraday trading data. Additionally, Yahoo finance is done on R (zoo, PerformanceAnalytics libraries don't work anymore as far as I can tell). The numbers look right to me tho, let me know if things are off."}
{"_id": "491285", "title": "", "text": "\"they apply it to my next payment That's what my bank did with my auto loan.  I got so far ahead that once I was able to skip a payment and use the money I would have sent the bank that month for something else.  Still, though, I kept on paying extra, and eventually it was paid off faster than \"\"normal\"\". EDIT:  what does your loan agreement say is supposed to happen to extra payments?\""}
{"_id": "491295", "title": "", "text": "This question is really a variation of rent vs buy.  Try looking at it this way - If you bought it 50/50 and rented it out, what would you both get? Now, moved in, you are effectively collecting that rent, but half is your own money, half is from the partner.  Is the half you are getting the from the partner equal to 1/4 of the mortgage. This sounds convoluted, but once you spell all the numbers out, it would be clear.  Without the deal as you present it, you'd be paying the partner to 'live in his half.'"}
{"_id": "491311", "title": "", "text": "Well it has not been proven that any of that actually happened as far as i can find out.  I do think they are pretty sketch, however yelp ranks high in a lot of searches and people tend to use it a lot.  I look at yelp like paypal.  I hate the company and wish other good alternatives where around, but everyone uses it so its best to use them.  If he gets reviews from established yelp members they will stay."}
{"_id": "491329", "title": "", "text": "Well the stated intended goal for the organization is to change the car market and they seem to have been very successful at that so far. I see where you're coming from, but I think you're using a different measuring stick than what is intended for their strategy.   They released all their patents. That should be a great indicator of what success means for them."}
{"_id": "491330", "title": "", "text": "This is huge news! The implications for the rest of the economy are enormous. This flight away from the stock market into long term money is completely unprecedented. We have huge retirement funds that already were decimated in 2008-09, since then we have seen these funds flee into the money markets like never before, now even as rates continue to lower we continue to see this trend. Now it is just a matter of time until these retirement funds will see massive drops in value, not if but when rates increase."}
{"_id": "491340", "title": "", "text": "Okay. Think this through. There's an average of 4 people working in a  McDonalds kitchen at one time. How many burgers would they have to sell every hour in order to (a) pay for the ingredients, power and rent on the building and (b) pay 60 (15*4 workers) dollars per hour?"}
{"_id": "491350", "title": "", "text": "I am sorry for your troubles, but impressed with your problem solving skills.  Keep going, things will get better.   Your best hope is to find a place that does manual underwriting.  If they do computer generated stuff, then you will be kicked for sure.  If you can show 20% down, and have some savings, and have some history of paying bills, then you might be approved.   Here in Florida, RP Funding still does manual underwriting.  Another one that is mentioned is Church Hill mortgage.  Also you might check with local credit unions. Of course your best bet to be approved is to be open and state upfront the challenges.  You have to find someone that has the ability to think, has the ability to see passed the challenges, and has the authority to do so."}
{"_id": "491355", "title": "", "text": "\"&gt; The BPP's inflation measure is markedly different from the government's. The economists average all the prices culled online, meaning the basket of goods is whatever you can buy on the Web. (Some items, like books, are most often bought online. Others, like cats, are not.) **Plus, the researchers do not weight certain items' prices,** ***even if they tend to make up a larger proportion of household spending.***  See, that last line is where the problem with this \"\"alternate/independent\"\" system lies.  It may not \"\"adjust\"\" the prices in the same manner as the CPI, but it operates on an equally flawed assumption (which at it's fundamental root is still the same as the \"\"hedonic adjustment\"\").  The fact that DVD's may have dropped from $20 to $5 each, or that last years (nearly obsolete) model of a laptop computer, tablet, or cell phone has likewise dropped from $500 to $250 -- and in that sense, just like the CPI excluding/omitting things like gas &amp; grocieries from the \"\"core inflation rate\"\" -- the BPP **similarly** creates a FALSE picture of \"\"inflation\"\" as being just a crude aggregated average of \"\"price changes\"\".  The problem ISN'T that the CPI (or other indices) include \"\"weighting\"\" and \"\"adjustments\"\" -- **it is that the weighting and adjustments are biased** -- and they have been altered many times over the past decades, and the methodology being used is one that is *biased* to create a \"\"lower\"\" inflation rate (one that dismisses a \"\"reduction in lifestyle/quality of goods\"\" as being an acceptable change, rather than a sign &amp; signal of the actual problem).  &gt;Still, thus far, the BPP has tracked the CPI closely.  Yes it has... extremely closely.  So closely in fact that it beggars belief.\""}
{"_id": "491358", "title": "", "text": "\"There are two common types of P/E ratio calculations: \"\"trailing\"\" and \"\"forward\"\" (and then there are various mixes of the two). Trailing P/E ratios are calculated as [current price] / [trailing 12-month EPS]. An alternative is the Forward P/E ratio, which is based on an estimate of earnings in the coming 12 months. The estimate used is usually called \"\"consensus\"\" and, to answer your question, is the average estimate of analysts who cover the stock. Any reputable organization will disclose how they calculate their financials. For example, Reuters uses a trailing ratio (indicated by \"\"TTM\"\") on their page for BHP. So, the first reason a PE ratio might not jump on an announcement is it might be forward looking and therefore not very sensitive to the realized earnings. The second reason is that if it is a trailing ratio, some of the annual EPS change is known prior to the annual announcement. For example, on 12/31 a company might report a large drop in annual earnings, but if the bulk of that loss was reported in a previous quarterly report, then the trailing EPS would account partially for it prior to the annual announcement.  In this case, I think the first reason is the culprit. The Reuters P/E of nearly 12 is a trailing ratio, so if you see 8 I'd think it must be based on a forward-looking estimate.\""}
{"_id": "491394", "title": "", "text": "I worked at a university that provided BYOD access to students and staff. There were never any issues. It may not be trivial to design your network in such a way, but it certainly isn't impossible. Some employees carry a two phones, but many only have one."}
{"_id": "491456", "title": "", "text": "Correct. However, when a comment is highly upvoted, contains factual information, &amp; doesn't aim to show any clear bias, then it is more often than not a correct response.   However, in your case, a clearly biased opinion that contains no factual information, AND is downvoted leads me to believe that it is not a correct response. If I were in your shoes I would open my eyes. Don't so easily follow manipulation and lies just because they have led you to where you are today."}
{"_id": "491472", "title": "", "text": "\"Determine which fund company issues the fund. In this case, a search reveals the fund name to be Vanguard Dividend Growth Fund from Vanguard Funds. Locate information for the fund on the fund company's web site. Here is the overview page for VDIGX. In the fund information, look for information about distributions. In the case of VDIGX, the fourth tab to the right of \"\"Overview\"\" is \"\"Distributions\"\". See here. At the top: Distributions for this fund are scheduled Semi-Annually The actual distribution history should give you some clues as to when. Failing that, ask your broker or the fund company directly. On \"\"distribution\"\" vs. \"\"dividend\"\": When a mutual fund spins off periodic cash, it is generally not called a \"\"dividend\"\", but rather a \"\"distribution\"\". The terminology is different because a distribution can be made up of more than one kind of payout. Dividends are just one kind. Capital gains, interest, and return of capital are other kinds of cash that can be distributed. While cash is cash, the nature of each varies for tax purposes and so they are classified differently.\""}
{"_id": "491482", "title": "", "text": "Why Investors Buy Platinum is an old (1995) article but still interesting to understand the answer to your question."}
{"_id": "491491", "title": "", "text": "&gt;it's a racket.  *shrug*  Aren't they all?  Some are better than others.  Carlton Sheets, Robert Kiyosaki, Suzie Orman, etc.  Even Dave Ramsey, arguably the best of the bunch, hawks books and seminars frequently.    But isn't business school also a racket?  Isn't most education?"}
{"_id": "491517", "title": "", "text": "&gt;slower/duller version of baseball  You apparently don't know much about modern cricket. [Cricket is the second most popular sports in the world.](http://www.10topten.com/2012/03/most-popular-sports-in-the-world/) after soccer.    &gt;but played over 5 days   Very few cricket matches are played in the 5 day format these days. They're called test matches. Most games these days are ODI (One day international games).  They usually last about 8 hours.  In fact, they even have a newer popular format known as the T20, where the matches are just as short as a typical American MLB game. They last about 4 hours and the pace is more intense than even baseball."}
{"_id": "491523", "title": "", "text": "\"In the US, this was the case during the 19th century. There was a system of \"\"subscriptions\"\" between banks, where larger banks backed the smaller banks to some extent. In trade, notes from distant banks were not accepted or discounted relative to known local banks, or silver/gold coinage. There were a number of problems with this system which came to a head during the Panic of 1907. During this crisis, a cascading series of banking failures was only stopped by the personal intervention of JP Morgan. Even when Morgan intervened, it was very difficult to make capital available in a way that avoided the panic. The subsequent creation of the Federal Reserve was a response to that crisis.\""}
{"_id": "491528", "title": "", "text": "\"Disclaimer: I work in life insurance, but I am not an agent.   First things first, there is not enough information here to give you an answer.  When discussing life insurance, the very first things we need to fully consider are the illustration of policy values, and the contract itself.  Without these, there is no way to tell if this is a good idea or not. So what are the things to look for? A. Risk appetite.  People love to discuss projections of the market, like for example, \"\"7-8% a year compounded annually\"\".  Go look at the historical returns of the stock market.  It is never close to that projection.  Life insurance, however, can give you a GUARANTEED return (this would be show in the 'Guaranteed' section of the life insurance illustration).  As long as you pay your premiums, this money is guaranteed to accrue.  Now most life insurance companies also show 'Non-Guaranteed' elements in their illustrations - these are non-guaranteed projections based on a scale at this point in time.  These columns will show how your cash value may grow when dividends are credited to your policy (and used to buy paid-up additional insurance, which generates more dividends - this can be compared to the compounding nature of interest).   B. Tax treatment.  I am definitely not an expert in this area, but life insurance does have preferential tax treatment, particularly to your beneficiaries. C. Beneficiaries.  Any death benefit (again, listed as guaranteed and maybe non-guaranteed values) is generally completely tax free for the beneficiary. D. Strategy.  Tying all of this together, what exactly is the point of this?  To transfer wealth, to accrue wealth, or some combination thereof?  This is important and unstated in your question. So again, without knowing more, there is no way to answer your question.  But I am surprised that in this forum, so many people are quick to jump in and say in general that whole life insurance is a scam.  And even more surprising is the fact the accepted answer has already been accepted. My personal take is that if you are just trying to accrue wealth, you should probably stick to the market and maybe buy term if you want a death benefit component.  This is mostly due to your age (higher risk of death = higher premiums = lower buildup) and how long of a time period you have to build up money in the policy.  But if a 25 year old asked this same question, depending on his purposes, I may suggest that a WL policy is in fact a good idea.\""}
{"_id": "491537", "title": "", "text": "Is there a risk buying a used car via a proxy if I pay the actual owner?   Everything seems to be in order except one thing: the actual owner (X) is    out of the country, and the car is being sold by his relative (Y). Yes there is risk. The risk is that the money never makes it to the actual owner. You have a piece of paper that claims to give  permission to sell the car and the contact info for the real owner. The risk is that it was forged. Or that some other part of the chain of trust is forged.  Maybe the car is stolen. Maybe this is part of a more complex scam and you are only a small part of it. The risk is that you end up having to file a police report after the real owner reports it stolen and the car is taken from you; or even worse you end up under arrest because they think you are the thief. With tons of cars for sale why risk it? Of course if the deal is a bargain, that may be designed to make you ignore the flashing warning light."}
{"_id": "491548", "title": "", "text": "&gt; People seem to think that sitting in front of the 20inch computer monitors at a table for one is preferable to a 50 inch LCD screen with dolby surround in the den. I am not surprised because the internet is comprised of people who mainly dwell on the internet, where people who watch TV are probably watching TV right now.   Many of those people watch Netflix and such on a TV in the den using an Xbox or PlayStation or a computer."}
{"_id": "491553", "title": "", "text": "How can I get quarterly information about private companies? Ask the owner(s).  Unelss you have a relationship and they're interested in helping you, they will likely tell you no as there's no compelling reason for them to do so.  It's a huge benefit of not taking a company public."}
{"_id": "491567", "title": "", "text": "Ignore sunk costs and look to future returns.  Although it feels like a loss to exit an investment from a loss position, from a financial standpoint you should ignore the purchase price.  If your money could be better invested somewhere else, then move it there. You shouldn't look at it as though you'll be more financially secure because you waited longer for the stock to reach the purchase price.  That's psychological, not financial. Some portion of your invested wealth is stuck in this particular stock.  If it would take three months for the stock to get back to purchase price but only two months for an alternate investment to reach that same level, then obviously faster growth is better.  Your goal is greater wealth, not arbitrarily returning certain investments to their purchase price. Investments are just instrumental.  You want more wealth.  If an investment is not performing, then ignore purchase price and sunken costs.  Look at the reasonable expectations about an investment going forward."}
{"_id": "491591", "title": "", "text": "That's exactly my predicament at this moment. I checked out both iPhone 5 and gs3 side by side and gs3 loses hands down. The only thing it has is size and it's a bit too big for me. But the iPhone has a dated OS and looks like a remote control.   No such thing as perfect phone for consumers such as I. Ideal would be a 4.5-5in thin bezel or no bezel screen that is wider than iPhone, iPhone build and image quality, with coolness of android OS.   Doesn't seem like a lot to ask for. But gs3 feels cheap. Nexus is going to come slightly dated, and software updates are hit or miss."}
{"_id": "491593", "title": "", "text": "Why?  I fly on a regular basis and I've never had a single issue with TSA agents.  With the new machines, going through security is fast, effective, and painless.  The stories you see on the internet are almost always from someone who purposely created a confrontation because they already had an agenda to prove."}
{"_id": "491594", "title": "", "text": "\"Say you need to use Einstein's field equations at work. If your job is to find the \"\"one equation to rule them all\"\" than you should ask questions concerning the validity of the equations and try to unify them in the quantum realm. But like most of us, if your job is find tune the many knobs that govern the output, you don't need to use math beyond what is already packaged in libraries. You still need to know what the equations are and what they do, but your interaction with them on a daily basis is call function X on object Y.\""}
{"_id": "491600", "title": "", "text": "I was a involved in this same scam from my Craigslist item.  The buyer texted me & said his assistant put the wrong check in my envelope & please let him know when I got it,cash the cashiers check, keep my part for money of my item & send him back the difference. Well, the check came to me for $1,350.00 for a $100 item.  I immediately suspected something here.  It was for way to big to be a mistake.  I called the credit union in California to ask about this cashier's check & sure enough, they said it was a fake check.  This scammer's phone he texted from was from a San Antonio,TX area code, the check was mailed from Madison, WI, & the check was on a California CU.  They sure cover their tracks pretty good.  So C/L'ers.....BEWARE! don't take checks for more than the amount & be asked to send back the difference. You will be HAD!"}
{"_id": "491607", "title": "", "text": "But the problem I have with that is when times change, business models should too. Companies can't cling to past plans when the market changes and expect to keep making money. Successful companies constantly adapt and change. Corporations shouldn't be suing their customers when their products are failing. They should be figuring out what has changed about the market and adapting their products to entice customers to buy again."}
{"_id": "491629", "title": "", "text": "\"Others have mentioned the term fiduciary but haven't really gone in to what that is. Despite the name \"\"financial advisor\"\" there is no legal (In the US) mandate as to what that means.  Often times a financial advisor is little more than a sales rep whose job it is to sell particular financial instruments.  These people will give you good generic advice such as \"\"make sure you have a nest egg\"\" and \"\"don't spend more than you make\"\".  However when the rubber hits the road in terms of how to save they will often recommend/insist/pressure a particular asset/security which doesn't necessarily meet your risk/reward preference/tolerance.  Often times the assets they pitch have high fees.  These people won't charge you for their time because their time is a loss leader for the commissions they make on selling their products. In contrast a fiduciary's job responsibility is to look out for your interests.  They shouldn't receive any kind of payment based on what assets you buy.  This means that you have to pay them for their time. The NAPFA website seems to have good ideas on choosing an advisor. http://www.napfa.org/HowtoFindAnAdvisor.asp\""}
{"_id": "491644", "title": "", "text": "Underwriters get blamed for underpriced IPOs, management for overpriced. People tend to target their opprobrium at whomever benefits the most, whether that opprobrium is fair or not. Kind of silly because the real discussion should be about how to find a new way of doing IPOs that actually works."}
{"_id": "491647", "title": "", "text": "\"What you are looking for is an indicator called the \"\"Rate of Change (Price)\"\". It provides a rolling % change in the price over the period you have chosen.  Below is an example showing a price chart over the last 6 months with a 100 day Rate of Change indicator below the price chart.\""}
{"_id": "491667", "title": "", "text": "I'm a professional developer (10+ years experience) and he's dead on correct. No one gives a shit if you have a 4 year degree unless you are striving for one of the top companies and even then, you could job hop to one of those after your first job."}
{"_id": "491670", "title": "", "text": "Exactly; it also really rubs me the wrong way when people pitch just throwing everything in an s&amp;p 500 vanguard fund, and pretend like thats a diversified portfolio.  Bonus points if they make this pitch to someone 5 years from retirement."}
{"_id": "491678", "title": "", "text": "Have a beef with your proof... measuring at the county level is misleading. Baltimore county has some wealthy areas. It goes all the way up to the state line. There's plenty of more affluent pockets included in that.  Same is true for Detroit, Wayne county includes many affluent areas.  Rural counties however tend to be isolated and more uniform. If you're looking in Owsley Kentucky (poorest county per that article)... it's not really near anything resembling a major commerce area and there's no pockets of higher-value homes hidden anywhere like you find around major metro areas..."}
{"_id": "491680", "title": "", "text": "Maybe. As other have said, doing this deliberately is fraud, but almost impossible to prove unless you've lied on the loan documents or discussed your plans with witnesses. The lender may consider negotiating a partial write-down of the loan, but that is far from their only option. Depending on the details of the loan agreement they may be able to garnish your wages, seize your property, or walk into your business with a sheriffs' deputy and empty your cash register. They may also be able to add their costs for recovering the money to your debt."}
{"_id": "491682", "title": "", "text": "First, some general advice that I think you should consider A good rule of thumb on home buying is to wait to buy until you expect to live in the same place for at least 5 years. This period of time is meant to reduce the impact of closing costs, which can be 1-5% of your total buying & selling price. If you bought and sold in the same year, for example, then you might need to pay over 5% of the value of your home to realtors & lawyers! This means that for many people, it is unwise to buy a home expecting it to be your 'starter' home, if you already are thinking about what your next (presumably bigger) home will look like. If you buy a townhouse expecting to sell it in 3 years to buy a house, you are partially gambling on the chance that increases in your townhome's value will offset the closing costs & mortgage interest paid. Increases in home value are not a sure thing. In many areas, the total costs of home ownership are about equivalent to the total costs of renting, when you factor in maintenance. I notice you don't even mention renting as an option - make sure you at least consider it, before deciding to buy! Also, don't buy a house expecting your life situation to 'make up the difference' in your budget. If you're expecting your girlfriend to move in with you in a year, that implies that you aren't living together now, and maybe haven't talked about it. Even if she says now that she would move in within a year, there's no guarantee that things work out that way. Taking on a mortgage is a commitment that you need to take on yourself; no one else will be liable for the payments. As for whether a townhouse or a detached house helps you meet your needs better, don't get caught up in terminology. There are few differences between houses & townhomes that are universal. Stereotypically townhomes are cheaper, smaller, noisier, and have condo associations with monthly fees to pay for maintenance on joint property. But that is something that differs on a case-by-case basis. Don't get tricked into buying a 1,100 sq ft house with a restrictive HOA, instead of a 1,400 sq ft free-hold townhouse, just because townhouses have a certain reputation. The only true difference between a house and a townhouse is that 1 or both of your walls are shared with a neighbor. Everything else is flexible."}
{"_id": "491688", "title": "", "text": "Appreciate the good back and forth. I only did equity for a brief while before I moved to emerging market debt. I can go across capital structure but we don't spend much time on retail outside of China. I think EBITDA or an adjusted NI makes a lot more sense than FCF for Amazon, and nowadays, FCF is ALL that I use for valuation in EM debt world."}
{"_id": "491692", "title": "", "text": "By rounding my house payments up to the nearest $50.00, my 30 year mortgage was paid off in 7 years.  Initially, my mortgage payment was roughly $600, $50 going to principal and $550 going to interest (banker's profits). By paying $650, I was actually doubling the amount I was paying on principal.  Since interest is computed as a function (percentage) of the outstanding principal balance, the amount of my fixed payment that went to interest decreased each month, and the amount that went to principal increased. In 7 years I owned my home free and clear, and started putting the money I had been putting into the mortgage payments into investments. A rule of thumb I have discovered is that it takes half the time to save money to meet a goal that it takes to pay off the same debt."}
{"_id": "491699", "title": "", "text": "You should consider going to take an aptitude test. It might help you figure out and focus on a new direction to take your life."}
{"_id": "491700", "title": "", "text": "If by exempt, you're just referring to the fact that the income is less than your standard deduction and personal exemption, then yes, that money can be used to fund a Roth. Great time to do it.  To be clear, in 2014 the limit for an under 50 year old, is $5500 ($6500 if 50 or older). Only earned income may be used for deposits. No interest, dividends, etc."}
{"_id": "491707", "title": "", "text": "\"You have several issues at work. If in the next few years you have a leak in the roof that causes another insurance claim, they may decide not to cover it because they already paid you to replace the roof, and it is your fault that it wasn't. That might also mean they don't pay you for the stuff that is damaged because of the \"\"new\"\" leak. If you minimize the claim that may make it less likely that they will drop you in the future, or increase you rate next year. But if you don't return the excess funds they will evaluate you on the larger claim size. Of course if they are sending the money directly to the repair company they will only pay the bill up to a maximum amount. Usually the issue has been that the repair company wants to do a larger repair. The dispute resolves around some aspect of the building code. I had a car repair that had to be increased because the roof damage was within x inches of the windshield, so the windshield had to be replaced. The insurance company eventually agreed but it slowed down the process for a couple of days because they wanted to measure it. It is possible that the insurance company has rules related to the age of the roof and the amount of damage that triggers a total replacement.\""}
{"_id": "491715", "title": "", "text": "The benefit is that those people make a decent living. The store manager makes like 70k starting, with raises every year until you hit 104k. The cashiers make like $20 an hour. Downside is they basically own you, but the money is good.   Source: interviewed for a position out of college"}
{"_id": "491716", "title": "", "text": "\"I want to elaborate on some of the general points made in the other answers, since there is a lot that is special or unique to the biotech industry. By definition, a high P/E ratio for an industry can stem from 1) high prices/demand for companies in the industry, and/or 2) low earnings in the industry. On average, the biotech industry exhibits both high demand (and therefore high prices) and low earnings, hence its average P/E ratio. My answer is somewhat US-specific (mainly the parts about the FDA) but the rest of the information is relevant elsewhere. The biotech industry is a high-priced industry because for several reasons, some investors consider it an industry with significant growth potential. Also, bringing a drug to market requires a great deal of investment over several years, at minimum. A new drug may turn out to be highly profitable in the future, but the earliest the company could begin earning this profit is after the drug nears completion of Phase III clinical trials and passes the FDA approval process.  Young, small-cap biotech companies may therefore have low or negative earnings for extended periods because they face high R&D costs throughout the lengthy process of bringing their first drug (or later drugs) to market. This process can be on the order of decades. These depressed earnings, along with high demand for the companies, either through early investors, mergers and acquisitions, etc. can lead to high P/E ratios.  I addressed in detail several of the reasons why biotech companies are in demand now in another answer, but I want to add some information about the role of venture capital in the biotech industry that doesn't necessarily fit into the other answer. Venture capital is most prevalent in tech industries because of their high upfront capital requirements, and it's even more important for young biotech companies because they require sophisticated computing and laboratory equipment and highly-trained staff before they can even begin their research. These capital requirement are only expected to rise as subfields like genetic engineering become more widespread in the industry; when half the staff of a young company have PhD's in bioinformatics and they need high-end computing power to evaluate their models, you can see why the initial costs can be quite high. To put this in perspective, in 2010, \"\"venture capitalists invested approximately $22 billion into nearly 2,749 companies.\"\" That comes out to roughly $7.8M per company. The same year (I've lost the article that mentioned this, unfortunately), the average venture capital investment in the biotech industry was almost double that, at $15M. Since many years can elapse between initial investment in a biotech company and the earliest potential for earnings, these companies may require large amounts of early investment to get them through this period. It's also important to understand why the biotech industry, as a whole, may exhibit low earnings for a long period after the initial investment. Much of this has to do with the drug development process and the phases of clinical trials. The biotech industry isn't 100% dedicated to pharmaceutical development, but the overlap is so significant that the following information is more than applicable. Drug development usually goes through three phases: Drug discovery - This is the first research stage, where companies look for new chemical compounds that might have pharmaceutical applications. Compounds that pass this stage are those that are found to be effective against some biological target, although their effects on humans may not be known. Pre-clinical testing - In this stage, the company tests the drug for toxicity to major organs and potential side effects on other parts of the body. Through laboratory and animal testing, the company determines that the drug, in certain doses, is likely safe for use in humans. Once a drug passes the tests in this stage, the company submits an Investigational New Drug (IND) application to the FDA. This application contains results from the animal/laboratory tests, details of the manufacturing process, and detailed proposals for human clinical trials should the FDA approve the company's IND application.  Clinical trials - If the FDA approves the IND application, the company moves forward with clinical trials in human, which are themselves divided into several stages. \"\"Post-clinical phase\"\" / ongoing trials - This stage is sometimes considered Phase IV of the clinical trials stage. Once the drug has been approved by the FDA or other regulatory agency, the company can ramp up its marketing efforts to physicians and consumers. The company will likely continue conducting clinical trials, as well as monitoring data on the widespread use of the drug, to both watch for unforeseen side effects or opportunities for off-label use. I included such detailed information on the drug development process because it's vitally important to realize that each and every step in this process has a cost, both in time and money. Most biopharm companies won't begin to realize profits from a successful drug until near the end of Phase III clinical trials. The vast R&D costs, in both time and money, required to bring an effective drug through all of these steps and into the marketplace can easily depress earnings for many years.  Also, keep in mind that most of the compounds identified in the drug discovery stage won't become profitable pharmaceutical products. A company may identify 5,000 compounds that show promise in the drug discovery stage. On average, less than ten of these compounds will qualify for human tests. These ten drugs may start human trials, but only around 20% of them will actually pass Phase III clinical trials and be submitted for FDA approval. The pre-clinical testing stage alone takes an average of 10 years to complete for a single drug. All this time, the company isn't earning profit on that drug. The linked article also goes into detail about recruitment delays in human trials, scheduling problems, and attrition rates for each phase of the drug development process. All of these items add both temporal and financial costs to the process and have the potential to further depress earnings. And finally, a drug could be withdrawn from the market even after it passes the drug development process. When this occurs, however, it's usually the fault of the company for poor trial design or suppression of data (as in the case of Vioxx). I want to make one final point to keep in mind when looking at financial statistics like the P/E ratio, as well as performance and risk metrics. Different biotech funds don't necessarily represent the industry in the same way, since not all of these funds invest in the same firms. For example, the manager of Fidelity's Select Biotechnology Portfolio (FBIOX) has stated that he prefers to weight his fund towards medium to large cap companies that already have established cash flows. Like all biopharm companies, these firms face the R&D costs associated with the drug development process, but the cost to their bottom line isn't as steep because they already have existing cash flows to sustain their business and accumulated human capital that should (ideally) make the development process more efficient for newer drugs.  You can also see differences in composition between funds with similar strategies. The ishares Nasdaq Biotech Index Fund (IBB) also contains medium to large cap companies, but the composition of its top 10 holdings is slightly different from that of FBIOX. These differences can affect any metric (although some might not be present for FBIOX, since it's a mutual fund) as well as performance. For example, FBIOX includes Ironwood Pharmaceuticals (IRWD) in its top 10 holdings, while IBB doesn't. Although IBB does include IRWD because it's a major NASDAQ biotech stock, the difference in holdings is important for an industry where investors' perception of a stock can hinge on a single drug approval. This is a factor even for established companies. In general, I want to emphasize that a) funds that invest more heavily in small-cap biotech stocks may exhibit higher P/E ratios for the reasons stated above, and b) even funds with similar mixes of stocks may have somewhat different performance because of the nature of risk in the biotech industry. There are also funds like Vanguard's Healthcare ETF (VHT) that have significant exposure to the biotech industry, including small-cap firms, but also to major players in the pharmaceutical market like Pfizer, Johnson and Johnson, etc. Since buyouts of small-cap companies by large players are a major factor in the biotech industry, these funds may exhibit different financial statistics because they reflect both the high prices/low earnings of young companies and the more standard prices/established earnings of larger companies.  Don't interpret anything I stated above as investment advice; I don't want anything I say to be construed as any form of investment recommendation, since I'm not making one.\""}
{"_id": "491723", "title": "", "text": "\"Does this make sense to anyone? It estimated hes made 300 mil in the last fight but lets say its a conservative 100 mil. 4% in the market after inflation is 4mil a year. If it was the 300 mil then it'd be 12 mil hes giving up. Probably more. And that's just the first year, not compounded.       So he expects me to believe that he's making \"\"smart investments\"\" in his strip club but not putting the money in the market. This makes zero sense.\""}
{"_id": "491764", "title": "", "text": "\"&gt; The system is designed...  Wouldn't that be more \"\"The union is designed...\"\"? Why not just end the union's contract entirely and hire from outside the union? Or find a different union to negotiate with? Maybe someone wants to form a union of \"\"teachers who want to teach\"\" that focuses on job security for the best teachers, not the longest serving.  I mean... If I was negotiating for myself, I'd want merit based pay increases rather than seniority based. I'd probably also be asking that my health benefits be the same as the district administration. I might ask for a clause saying that I can't be fired unless all worse performing teachers have already been fired. (yeah... about measuring that... haven't figured that out yet.) I might also ask for some sort of third party policy for representation in the event that there's a need to lawyer up under circumstances where a conflict of interest exists between myself and the district.  (the last of those -- the lawyer issue -- I've been told by at least one teacher that they feel that's the primary service the union provides. They hate the contract negotiations because they always seem to go to threats to strike before being resolved.)  I guess it just seems weird to me that, once a union has formed, the union has a monopoly on providing the services. You'd think that some could join the union, while others could choose to operate independently. If the advantages of being in the union outweigh the advantages of being independent, then you'd expect everybody to join. A 51% vote to unionize seems like a terrible reason to bring the rest of the employees (and any new hire) along for the ride. It should be an individual's choice to be represented by the union and whether to accept the union terms or negotiate on their own.\""}
{"_id": "491771", "title": "", "text": "So I liked the source. Biased and outdated on a lot of things, but still very informative. I will concede that FDA regulations are far from infallible, and deserve to be loosened and the process expedited. THAT BEING SAID: the discussion wasn't whether that was the case. It was whether the FDA is the cause of high drug prices. This site did not to my knowledge make that case (at least for the present time period it didn't).   https://www.washingtonpost.com/news/wonk/wp/2015/02/11/big-pharmaceutical-companies-are-spending-far-more-on-marketing-than-research/ Here we see that the companies spend a lot more on marketing than they do on R&amp;D (of which FDA compliance is just a small part). Furthermore, assuming that they'd still be doing SOME SORT of testing themselves, they wouldn't save the full costs from reducing FDA regulations. They'd also have to spend even MORE on marketing to deal with the increased competition (we're talking pharma girls for dayzzzz).  The problem with the free market solution is that the drug companies end up getting politicians to shill out to protect them from legal harm. As governor of Indiana Mike Pence, signed a \u201cright-to-try\u201d law, which absolves drug makers of legal responsibility for hawking untested nostrums at terminally ill patients.  Okay, so now the onus is on the doctors. Well that's barely any better, because doctors are individuals with very little free time, and with so many new drugs coming out and no way for the doctors to test them, they just have to take the drug company's word for them. In other words, **the drug company isn't liable, the doctor is. And the doctor has no way of knowing whether the drug company is being forthright until it's too late for both the doctor and the patient**. Laws like this Mike Pence law weren't around when that site was publishing."}
{"_id": "491781", "title": "", "text": "I really doubt that this is an idea the people who own the working machines can get behind.    Also machines taking away work is an illusion. It just changes what work is. I would argue guaranteed income is less important than the means (whatever they may be) for the workforce to effectively train or retrain for what's needed. That said I also feel that people use the term work and 'what makes money' interchangeably and it seems that this is changing."}
{"_id": "491788", "title": "", "text": "McGinger, is the top web design company in Bermuda provides a range of designing services including brand identity, logo design, graphic design, web design. We also provide web development services with creative ideas. Call us at (441)5992807 for more info!"}
{"_id": "491793", "title": "", "text": "Unlike MasterCard and Visa who only provide clearing service and tie up Banks to actually issue cards or POS terminals for merchants; Discover card operates more like American Express. It's a totally different network; cards and POS to merchants are directly offered by Discover Bank only. There is no other banks that issue this card."}
{"_id": "491829", "title": "", "text": "\"On your tax return's Schedule C, Line B, you need to enter the Principal Business or Professional Activity Code that corresponds to your business's activities.  There is a list of these 6-digit codes  at the end of the Schedule C instructions.  (HTML version here, or you can look at the last two pages of the PDF version.)  The directions at the top of this list reads: Select the category that best describes your primary business activity (for example, Real Estate). Then select the activity that best identifies the principal source of your sales or receipts (for example, real estate agent). Now find the six-digit code assigned to this activity (for example, 531210, the code for offices of real estate agents and brokers) and enter it on Schedule C or C-EZ, line B.  (Emphasis mine.) Although there are a lot of codes, it is entirely possible that you won't find one that exactly matches what you do.  The directions say to pick the \"\"best\"\" one that you can.  First, pick the broad category.  You haven't specified your business, but let's say that you are a freelance programmer (a common occupation for Stack Exchange users).  The category you decide is best might be \"\"Professional, Scientific, & Technical Services.\"\"  There are several subcategories and activity codes under this, and you might find one that fits your business.  However, if you don't, at the end of most categories, there is an \"\"Other\"\" code.  For our example, there is code 541990, which is \"\"All other professional, scientific, & technical services.\"\" If you can't even find a broad category that describes your business, there is the last code in the list: 999999, which is for \"\"Unclassified establishments (unable to classify).\"\"\""}
{"_id": "491838", "title": "", "text": "\"#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Gini coefficient**](https://en.wikipedia.org/wiki/Gini%20coefficient): [](#sfw)   ---  &gt;The __Gini coefficient__ (also known as the __Gini index__ or __Gini ratio__) (/d\u0292ini/) is a [measure of statistical dispersion](https://en.wikipedia.org/wiki/Statistical_dispersion#Measures_of_statistical_dispersion) intended to represent the income distribution of a nation's residents. This is the most commonly used measure of inequality. The coefficient varies between 0, which reflects complete equality and 100 (or 1), which indicates complete inequality (one person has all the income or consumption, all others have none). It was developed by the [Italian](https://en.wikipedia.org/wiki/Italian_people) [statistician](https://en.wikipedia.org/wiki/Statistics) and [sociologist](https://en.wikipedia.org/wiki/Sociology) [Corrado Gini](https://en.wikipedia.org/wiki/Corrado_Gini) and published in his 1912 paper \"\"Variability and Mutability\"\" ([Italian](https://en.wikipedia.org/wiki/Italian_language): *Variabilit\u00e0 e mutabilit\u00e0*).    &gt;====  &gt;[**Image from article**](https://i.imgur.com/MegIoFt.png) [^(i)](https://commons.wikimedia.org/wiki/File:Economics_Gini_coefficient2.svg)  ---  ^Interesting: [^List ^of ^countries ^by ^income ^equality](https://en.wikipedia.org/wiki/List_of_countries_by_income_equality) ^| [^List ^of ^U.S. ^states ^by ^Gini ^coefficient](https://en.wikipedia.org/wiki/List_of_U.S._states_by_Gini_coefficient) ^| [^Income ^inequality ^metrics](https://en.wikipedia.org/wiki/Income_inequality_metrics) ^| [^Economic ^inequality](https://en.wikipedia.org/wiki/Economic_inequality)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjecrpk) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjecrpk)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)\""}
{"_id": "491843", "title": "", "text": "There is no way to find out what future will be if you have only quote from past. In other words, nobody is able to trade history successfully and nobody will be able, ever. Quote's movement is not random. Quote is not price. Because brokerage account is not actual money. Any results in past do not guarantee you anything. Brokerage accounts should only have portions of money which you are ready to loose completely. Example: Investment firms recommended buying falling Enron stocks, even when it collapsed 3 times, then - bankrupt, suddenly. What a surprise!"}
{"_id": "491844", "title": "", "text": "My job cut everyone's hours to 30 (it was 40-45) so they could avoid it. Luckily I'm still under 25 so I'm able to get under my dads health plan. I'll be over the age limit next December so I plan on picking up a side gig. Maybe she can consider her parents plan or a side gig?  Sorry to hear about her predicament. It's a funked up situation."}
{"_id": "491845", "title": "", "text": "\"The market will always be efficient. What they forgot in 1999 is that gold prices had been going down for several years and therefore stock prices were going up, but no trend lasts forever.  The \"\"dot com\"\" boom was not a result of magic new technologies, it was the result of the end of the Cold War when people started getting rid of their gold reserves.\""}
{"_id": "491855", "title": "", "text": "I've never forgotten mine either, but it's a constant fear for me. Couple of friends of mine have. I honestly don't know which machines beep and which don't, but I've heard of people forgetting their cards in ATMs, cigarette vending machines, train ticket machines, McDonald's express order machines and some others I can't remember. The screen of these machines always reminds you, and I think it's hard to forget it, but evidently it does happen.   I still use my cards, it's not like I have a crippling fear every time I use it, I just made a habit of always carrying cash and using it for small stuff. I live in Germany, cash is (still?) Accepted everywhere."}
{"_id": "491897", "title": "", "text": "\"You can greatly reduce the risk if you can line up a buyer prior to purchasing the car.  That kind of thing is common in business, one example is drop shipping.  Also there are sales companies that specialize in these kinds of things bringing manufacturers of goods together with customers.  The sales companies never take delivery of the product, just a commission on the sales.   From this the manufacturers are served as they have gained a customer for their goods.  The buying company is served as they can make a \"\"better\"\" end product.  The two parties may have not been brought together had it not been for the sales company so on some level both are happy to pay for the service. Can you find market inequalities and profit from them?  Sure.  I missed a great opportunity recently.  I purchased a name brand shirt from a discount store for $20.  Those shirts typically sell on ebay for $80.  I should have cleaned out that store's inventory, and I bet someone else did as by the time I went back they were gone.   That kind of thing was almost risk-less because if the shirts did not sell, I could simply return them for the full purchase price.  That and I can afford to buy a few hundred dollars worth of shirts. Can you afford to float 45K CDN?  What if it takes a year to sell the car?  What if the economy goes sour and you are left \"\"holding the bag\"\"?  Why are not car dealers doing exactly what you propose? Here in the US this type of thing is called \"\"horse trading\"\" and is very common.  I've both lost and made money on these kind of deals.  I would never put a significant amount of my net worth at risk.\""}
{"_id": "491899", "title": "", "text": "If this is a one to one share exchange with added cash to make up the difference in value, you're getting 1 share of XYZ plus $19.20 in cash for each share of ABC.   They calculated the per share price they're offering ($36) and subtracted the value of XYZ share at the time of the offer ($16.80) to get the cash part ($19.20).   The value of XYZ after is subject to investor reaction.  Nobody can accurately predict stock values.  If you see the price dropping, owners of XYZ are selling because they feel that they no longer wish to own XYZ.  If XYZ is rising, investors feel like the merger is a positive move and they are buying (or the company is buying back shares). Bottom line is the cash is a sure thing, the stock is not.  You called it a merger, but it's actually a takeover.  My advice is to evaluate both stocks, see if you wish to continue owning XYZ, and determine whether you'd rather sell ABC or take the offer.  The value of ABC afterwards, if you decline the offer, is something that I cannot advise you on."}
{"_id": "491917", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-06/are-low-interest-rates-bad-for-growth) reduced by 83%. (I'm a bot) ***** &gt; James Chessen, the chief economist of the American Bankers&amp;#039; Association, said in a June 5 interview, &amp;quot;Interest rates have been too low for too long. It has created a problem for banks.&amp;quot; The Independent Community Bankers of America, which represents smaller U.S. banks, believes that &amp;quot;Higher interest rates would be a net plus for the community banking sector that would help them extend more credit,&amp;quot; according to spokesman Paul Merski.  &gt; Officials at the European Central Bank and the Bank of Japan are sensitive to the side effects of extremely low or even subzero interest rates.  &gt; In a May 24 speech in Madrid, ECB President Mario Draghi acknowledged that low policy rates &amp;quot;May compress banks&amp;#039; net interest margins and thus exert pressure on their profitability.&amp;quot; But he said that ECB researchers found that taking into account offsetting beneficial effects, &amp;quot;The overall impact of our measures on bank profitability was positive.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fodm5/is_the_world_overdoing_low_interest_rates/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~138044 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **bank**^#1 **rate**^#2 **interest**^#3 **Low**^#4 **Calomiris**^#5\""}
{"_id": "491918", "title": "", "text": "check out this rebuttal to the TechCrunch article from Leigh Drogen: http://www.leighdrogen.com/wealthfront-betterment-sigfig-and-a-bankrupt-investing-philosophy/  It's not so much the software piece he takes aim at but what he calls a broken philosophy. Saving money off fees and automating the investing process to prevent behavioral biases is all good but it's not a solution."}
{"_id": "491923", "title": "", "text": "One advantage of paying down your primary residence is that you can refinance it later for 10-15 years when the balance is low. Refinancing a rental is much harder and interest rates are often higher for investors. This also assumes that you can refinance for a lower rate in the nearest future. The question is really which would you rather sell if you suddenly need the money? I have rental properties and i'd rather move myself, than sell the investments (because they are income generating unlike my own home). So in your case i'd pay off primary residence especially since the interest is already higher on it (would be a harder decision if it was lower)"}
{"_id": "491925", "title": "", "text": "I'm literally employed by a multinational company to find ways to pay less tax, so I know first hand how it works. Trumps job isn't to write the legislature, his job is to sell people on it. He starts out at 15% knowing full well that the left will want it higher and will have to negotiate with 15% as a starting point.   Edit: tax reform is coming, regardless of how much the left is gonna make this about benefiting the rich and taking from the poor. Idk about you but personally I'd like to pay less tax and have more disposable income...but that's just me"}
{"_id": "491932", "title": "", "text": "\"It could be money laundering. so: Answer 1: They didn't get your data wrong. They indeed sent you $1,000. How they obtained your banking data is another issue we won't address here. Answer 2: Your PII(*) was most likely compromised. From what you report, it included at least your banking info and your phone number. Probably more, but goes out of the scope of this answer.  Answer 3: Money Laundering is done in small transactions, to avoid having the financial institution filing a Currency Transaction Report(**). So they send $1,000 to several marks. Possibly at the stage of layering, to smudge out the paper trail associated to the money. Money laudering is a risky endeavour, and the criminals don't expect to have all the money they enter into the system come out clean on the other side. You really don't want to be associated with that cash, so the best is to report to your bank that you don't recognize that transaction and suspect illegal activity. In writing. Your financial institution knows how to proceed from there. Answer 4: Yes, and one of the worst financial scams. From drug trafficking, to human slavery and terrorism, that money could be supporting any of these activities. I urge the reader to access the US Treasury's \"\"National Money Laudering Risk Assessment\"\" report for more information.\""}
{"_id": "491964", "title": "", "text": "DO NOT GIVE ME GODDAMN FUCKING SLOGANS. DO NOT GIVE ME TIRED ANALOGIES.  I asked for a plan, what do you do with a known disadvantaged minority.   As an aside, a shitload, in fact most of the people on fucking assistance do work asshole. I've been one of them. So, give me a solid start to a plan, you have a disadvantaged minority, already existing in poverty, sometimes with unemployment levels as high as 24% for the male population. How do you assist these people?  Edit: I in fact agree just handing people free shit won't work, but since the political options appear to be free shit or fuck off and die, I'll gladly vote for free shit for myself and my neighbors until somebody presents a decent plan."}
{"_id": "491969", "title": "", "text": "you dont need any permits or be inside the US to trade the exact same securities on US exchanges. you can literally move your bitcoin from a chinese exchange to us exchange in seconds.  i don't see how you can possibly run into legal issues if anyone from outside the country can trade bitcoins on an exchange inside the country without any permit. a lot of these exchanges dont ask for ID or social security number anyways. none of it is government regulated. also trading anything is never a passive income. theres no such thing as an easy or obvious investment. there are always risks- and the actual risk is often deceivingly low"}
{"_id": "491973", "title": "", "text": "even in Bloomberg intraday data you're limited to 140days. If you want more you need cash, a lot of cash. Just the sheer size of data is ridiculous. Unless you're Blackrock or some big firms like that then probably can't afford to buy it and store it - it won't fit on one Excel file haha"}
{"_id": "492004", "title": "", "text": "&gt;Your analogy breaks down by attempting to draw a parallel between the behaviour of a child and that of a corporation.  Your objections are irrelevant. The point is that the person requesting a thing is self-serving. The person in charge of allowing the request is supposed to be the responsible party as it is assumed that the person asking is self-serving.   &gt;Asking and paying for are two different things in my mind.  Paying is bribery. Are you suggesting that the legislators &amp; regulators are being bribed?   &gt;I don't recall absolving legislators from responsibility. They're just as dirty and corrupt.  And yet ***THEY*** have the power to change a regulation or tax law, not the lobbyists, so ***THEY*** are the ones responsible for the problem, not the lobbyists or corporations."}
{"_id": "492022", "title": "", "text": "If you're taking a Terminal DCF, you shouldn't be using 1-year risk free rates, so the 2.77% is probably much more accurate. That being said, we're in a historically low-rate environment, so even the 2.77% is probably a bit low.   Here's another data point that puts the WACC at 8%:  [http://www.wikiwealth.com/wacc-analysis:mcd](http://www.wikiwealth.com/wacc-analysis:mcd)"}
{"_id": "492028", "title": "", "text": "Savings accounts have limitations in case a bank goes belly up and you have a higher amount in the account (more than the insured amount). Mostly big corporations or pension funds cannot rely on a bank to secure their cash but a government bond is secured (with some fine print) and hence they are willing to take negative interest rates."}
{"_id": "492044", "title": "", "text": "Sap just developed a fraud detection module for their ERP suite in conjuction with EY. It offers live fraud scanning so you can stop a flagged transaction before a transfer is carried out.  I saw a presentation an it looks pretty powerfull although it is only in the early stages."}
{"_id": "492052", "title": "", "text": "1) Yes, buyouts are always higher than the trading price. 2) ANYTHING can be negotiated. There is no rule saying buyouts have to be higher."}
{"_id": "492053", "title": "", "text": "\"Taxes are triggered when you sell the individual stock.      The IRS doesn't care which of your accounts the money is in.  They view all your bank and brokerage accounts as if they are one big account mashed together.   That kind of lumping is standard accounting practice for businesses. P/L, balance sheets, cash flow statements etc. will clump cash accounts as \"\"cash\"\".  Taxes are also triggered when they pay you a dividend.  That's why ETFs are preferable to mutual funds; ETFs automatically fold the dividends back into the ETF's value, so it doesn't cause a taxable event.  Less paperwork.  None of the above applies to retirement accounts.  They are special.  You don't report activity inside retirement accounts, because it would be very hard for regular folk to do that reporting, so that would discourage them from taking IRAs.   Taxes are paid at withdrawal time (or in Roth's, never.)\""}
{"_id": "492132", "title": "", "text": "\"As reported by ZeroHedge in January 2016:   \"\"While the media claims that this record has been reached because of drastic improvements to the US economy, they are once again failing to account for the central factor: credit expansion.\"\"   \"\"In order to generate more vehicle purchases, these companies have incentivized consumers with hot, hard-to-resist offers, similar to the infamous \u201cliar loans\u201d and \u201cno-money down\u201d loans of the 2008 recession.\"\"   http://www.zerohedge.com/news/2016-01-11/auto-loan-bubble-ready-pop.   Pro tip: Get your news over 1 year in advance by reading ZeroHedge and not shitty Bloomberg or other lamestream media.\""}
{"_id": "492135", "title": "", "text": "A good chunk of it is going into new construction, campus improvements, and infrastructure. If they cut that crap out then I bet costs would actually decline year over year for a little while.  It's stupid - they all get their college rankings and a good part of that is how nice their campus/facilities are. Easy way to boost that is just raise tuition, build new shit."}
{"_id": "492174", "title": "", "text": "Does your employer offer direct deposit?  Can you deposit to more than one account? Personally, I have my pay split up like this via direct deposit: From an early age I found that separating my expenses from my spending money kept me inside my spending limits and kept my savings on track.  In fact, checking account 1 and 2 are at two different banks. Get yourself a credit card to start establishing some credit.  Make a payment plan for the student loan, but before focusing completely on repaying it start to establish an emergency fund."}
{"_id": "492178", "title": "", "text": "open a bank account  under the business name and put tthe money in there  You can probably simply speak to the banker about having a business account and  setting aside money for taxes,, etc  no rocket science there  just don't  lie about  your income is most important,   or many  It's not how much you make its how much you deposit in a bank, that's the first thing   the tax man might look at IMO"}
{"_id": "492186", "title": "", "text": "An education. A new car. Houses are made bigger so that's not really fair. An article on here previously mentioned someone paying for a dependable car and a small apartment, along with school tuition working part time as a dishwasher.  Tuition at my closest state school (in state cost) is just under $9k per year. If you could only work 20 hours per week, amortized the school loan, payed $250 a month for an apartment with a roommate, $100 a month for utilities, $150 a month for groceries (all very difficult to achive and be healthy), you would have to make $15.35 an hour after taxes to do it without debt. This is assuming you don't have a car."}
{"_id": "492202", "title": "", "text": "How is this not a breach of contract? Is it just because the corporate entity you're doing business with has gone out of business? Isn't the parent company still responsible?  It seems to me that if it's not, there are a lot of ways that an unethical person / company could game the system."}
{"_id": "492210", "title": "", "text": "Cash is king. PIN-based debit transactions are cheap. In terms of credit cards, a regular (ie. not a gold card) with no rewards has the lowest rates.  Bigger merchants with lots of card volume likely have better deals that make the differences less pronounced."}
{"_id": "492212", "title": "", "text": "The key two things to consider when looking at similar/identical ETFs is the typical (or 'indicative') spread, and the trading volume and size of the ETF. Just like regular stocks, thinly traded ETF's often have quite large spreads between buy and sell: in the 1.5-2%+ range in some cases. This is a huge drain if you make a lot of transactions and can easily be a much larger concern than a relatively trivial difference in ongoing charges depending on your exact expected trading frequency. Poor spreads are also generally related to a lack of liquidity, and illiquid assets are usually the first to become heavily disconnected from the underlying in cases where the authorized participants (APs) face issues. In general with stock ETFs that trade very liquid markets this has historically not been much of an issue, as the creation/redemption mechanism on these types of assets is pretty robust: it's consequences on typical spread is much more important for the average retail investor. On point #3, no, this would create an arbitrage which an authorized participant would quickly take advantage of. Worth reading up about the creation and redemption mechanism (here is a good place to start) to understand the exact way this happens in ETFs as it's very key to how they work."}
{"_id": "492215", "title": "", "text": "My graduate stipend was wage income so I could make Roth IRA contributions.   Don't lose the year; you can withdraw nominal contributions if needed.  What you choose is less important than making the contribution."}
{"_id": "492226", "title": "", "text": "The best way is to either file a dispute (or threaten to) with their regulator. They do NOT need negative attention from a bank regulator, so it should get their attention if you show that you are aware of and willing to contact them. They take this extremely seriously.  You can figure out who the regulator is using this helpful page on the Office of Comptroller of Currency's (OCC) website. If the OCC itself regulates the bank you can file a dispute using this web page."}
{"_id": "492250", "title": "", "text": "Yep!  The education industry has finally run into the brick wall.  They have been selling snake oil for years.  Get at Bachelors Degree and you will instantly get a great paying job.  Uh, so we crank out 5,000% more communication degrees than are needed in the real world.  The university administrators get their big fat bonuses and the port college graduate gets to find a way to payback their enormous debt.   A study came out in the 80's which identified that approximately 10% of high school graduates should go onto college with about 40% graduation rate.  The education industry has cranked the acceptance to around 75% of high school graduates with a graduation rate under 30% and over 50% of those graduating can't find jobs in their field.  I met mechanical engineer, a mathematician and a social work in the past week.  They all work at Target and trying to pay off their loans."}
{"_id": "492251", "title": "", "text": "\"I'm quite certain that the people buying \"\"High line condos and Ferrari sports cars\"\" are taking care of their eldery relatives and probably a few dozen other elderly people at a minimum.  Why do you want them to care for even more people that should have been preparing for a time when they are unwilling or unable to work any more, rather than caring for them yourself?\""}
{"_id": "492262", "title": "", "text": "There are about 250 trading days in a year. There are also about 1,900 stocks listed on the NYSE.  What you're asking for would require about 6.2M rows of data. Depending on the number of attributes you're likely looking at a couple GB of data.  You're only getting that much information through an API or an FTP."}
{"_id": "492275", "title": "", "text": "His approval rating is within historical norms and he's on track to be among the worst presidents ever. People are just not connected to reality. I saw a lot of people saying that the pictures and videos of him looking at the eclipse were photoshopped. Nothing can or will change their minds. he will have Republican support until the entire world collapses and there are just a few months left in his term, just like Bush, who was obviously incompetent by August of his first term."}
{"_id": "492286", "title": "", "text": "Actually that's a much better proposition to price an app. There is the fear of cannibalising your own premium offering by providing a cheaper solution that also hampers (or limits) the app experience.  You think anchoring won't happen in reverse with the lowest price point being the reference point?   Also, I as a customer will feel confused if there is a free version, a lite version, a freemium version, an ad supported version, a full version and a premium version. Keep it simple."}
{"_id": "492293", "title": "", "text": "&gt; is allowing one person and a computer to do the job of what used to be 5 men keeping wages down even more  That doesn't make any sense. It means you can pay the man doing the work twice his normal salary and still be paying him less than 5 people"}
{"_id": "492321", "title": "", "text": "\"As I recall from the documentation presented to me, any gain over the strike price from an ISO stock option counts as a long term capital gain (for tax purposes) if it's held from 2 years from the date of grant and 1 year from the date of exercise. If you're planning to take advantage of that tax treatment, exercising your options now will start that 1-year countdown clock now as well, and grant you a little more flexibility with regards to when you can sell in the future. Of course, no one's renewed the \"\"Bush tax cuts\"\" yet, so the long-term capital gains rate is going up, and eventually it seems they'll want to charge you Medicare on those gains as well (because they can... ), soo, the benefit of this tax treatment is being reduced... lovely time to be investing, innnit?\""}
{"_id": "492330", "title": "", "text": "The SIPC would protect individual investors up to $500K for securities & cash, with a max of $250K for cash. One would receive all securities that are already in your name or in the process.   In case client money was diverted to company trades, then SIPC will investigate and try to find out how much money belonged to each customer. It would determine this on various inputs including your transaction records like money to transferred to MF Global, internal records, amongst other things. More information in the SIPC bulletin: http://www.sipc.org/Media/NewsReleases/release31Oct2011.aspx"}
{"_id": "492339", "title": "", "text": "&gt; Not only that, but corporate subsidies and military spending far outweigh medicine expenditures  Factually not true.  Medicare/medicaid spending alone is 60%+ greater than spending on defense.  The country is going broke on medicare/medicaid, not military spending (no matter how wasteful).  Why are the major hospital networks in the US swimming in cash and seeing record profit levels, post-Obamacare passage?  Duh... excessive government spending without regard for risk or value/price is a boon to the industry, just like 'free money' was a boon to the housing market in 2004-2007."}
{"_id": "492342", "title": "", "text": "Hmm, let's see, I always get Credit and Debit mixed up, but I'll try: Signing of the contract: Receiving 500 deposit: When you are done Accounts Receivable will have $500 (because you are owed $500), Revenue will have $1000 (because you made $1000 on an accrual basis), and Cash will have $500 (because you have $500 in your pocket)."}
{"_id": "492346", "title": "", "text": "\"This chart concerns an option contract, not a stock. The method of analysis is to assume that the price of an option contract is normally distributed around some mean which is presumably the current price of the underlying asset. As the date of expiration of the contract gets closer the variation around the mean in the possible end price for the contract will decrease. Undoubtedly the publisher has measured typical deviations from the mean as a function of time until expiration from historical data. Based on this data, the program that computes the probability has the following inputs: (1) the mean (current asset price) (2) the time until expiration (3) the expected standard deviation based on (2) With this information the probability distribution that you see is generated (the green hump). This is a \"\"normal\"\" or Gaussian distribution. For a normal distribution the probability of a particular event is equal to the area under the curve to the right of the value line (in the example above the value chosen is 122.49). This area can be computed with the formula:  This formula is called the probability density for x, where x is the value (122.49 in the example above). Tau (T) is the reciprocal of the variance (which can be computed from the standard deviation). Mu (\u03bc) is the mean. The main assumption such a calculation makes is that the price of the asset will not change between now and the time of expiration. Obviously that is not true in most cases because the prices of stocks and bonds constantly fluctuate. A secondary assumption is that the distribution of the option price around the mean will a normal (or Gaussian) distribution. This is obviously a crude assumption and common sense would suggest it is not the most accurate distribution. In fact, various studies have shown that the Burr Distribution is actually a more accurate model for the distribution of option contract prices.\""}
{"_id": "492366", "title": "", "text": "\"I see three areas of concern for your budget: This is way high.  I am not sure how much of a house you live in, but the total of these two numbers should be around 25% not 41%. I am a person that considers giving an important part of wealth building, and gives to my local church.  But as one other person has rightly said, this amount is irresponsible.  I am okay at 12%, but would like to see you at 10% until you are in a little better shape.   That is pretty vague for a significant portion of your income.  What makes up that other category?   You are doing pretty darn good financially, although I would like to see some contributions to investments.  I think you are kind of failing there.  Your debt management is spot on.  That is okay, we can all get better at some stuff. There needs to be some numbers behind these percentages.  The bottom line is if you make an average household income, say around 55K, you are going to struggle with or without children.  If you guys make about 110K, and your wife makes 50% of your income, and she quits work to take care of the kidlets, then you will be in that \"\"boat\"\". Having said all that I find 37% of your income as questionable.  At least 5% of that should be invested, so we are kind of like at 32%.  That is a significant amount of money.\""}
{"_id": "492371", "title": "", "text": "Imagine a poorly run store in the middle of downtown Manhattan. It has been in the family for a 100 years but the current generation is incompetent regarding running a business. The store is worthless because it is losing money, but the land it is sitting on is worth millions.  So yes an asset of the company can be worth more than the entire company.  What one would pay for the rights to the land, vs the entire company are not equal."}
{"_id": "492377", "title": "", "text": "They're mostly shitty service sector jobs who are unwilling to pay wages that match the local CPI. Just look a job page for New York City as an example. There are thousands upon thousands of open jobs, but most of them pay way too little for somebody to actually live in NYC with those wages.  I live in New Jersey and that is pretty much the case here too. Anecdotally, it seems that every restaurant or food place has a hiring sign up, but they're only paying $9.00/hour. And that is SHIT in a state where a *cheap* studio apartment is $1,200 a month. So it seems that the main reason there are so many job openings is because they are not willing to pay a wage so that people can actually afford to live around where that job is."}
{"_id": "492379", "title": "", "text": "I'm not sure where you are from, but I'm American. I believe strongly that people should have the right to do whatever the hell they want with their body, money, etc. unless it infringes upon the rights of others. If people don't want to pay for roads because the use of the roads is not worth it to them, then they shouldn't have to because the government forces them through taxes.   Having the freedom to make a decision is always better in my mind."}
{"_id": "492382", "title": "", "text": "I feel I should respond to you, if not only for our yin/yang similarity in names. I'm also in finance, or rather, a recent grad, and I can't help but picture you as someone who feels investment banking is the end-all career and doesn't really enjoy the industry that much in the first place. As many people mentioned before, attitude goes a long way, but I think you need to reassess whether you actually like finance or if you're in it just for the money. In either case, the motivation should already be there for you to achieve, so what's stopping you?"}
{"_id": "492386", "title": "", "text": "Trump is causing premiums to increase in the individual market by threatening to not make the cost sharing reduction payments that are outlined in the ACA. Because the insurers believe they'll be hung out to dry by the administration, they choose not to sell in those markets. This is exactly how Trump starves a dog, then says we should be a new one when the old one dies."}
{"_id": "492397", "title": "", "text": "Haha, I used to work for a head of research whose favorite pastime seemed to be putting together these kinds of charts.  Edit: And the funny thing is people who take this chart at face value shouldn't want to short anyway - the balance sheet is going to flatline for sometime before they start letting it run off - so at most it suggests that people utilize strategies that work in sideways markets."}
{"_id": "492401", "title": "", "text": "All corporate gains are taxed at the same rate as corporate income, for the corporate entity, so this actually can be WORSE than the individual capital gains tax rates. There are a lot of things you can do with trading certain asset classes, like opening you up to like-kind re-investment tax perks, but I can't think of anything that helps with stocks. Also, in the US there is now a law against doing things solely to avoid tax if they have no other economic purpose. So be conscious about that, you'll need to be able to rationalize at least a thin excuse for why you jumped through all the hoops."}
{"_id": "492402", "title": "", "text": "Your last sentence is key. If you have multiple accounts, it's too easy to lose track over the years. I've seen too many people pass on and the spouse has a tough time tracking the accounts, often finding a prior spouse listed as beneficiary.  In this case, your gut is right, simpler is better."}
{"_id": "492423", "title": "", "text": "This advice will be too specific, but... With the non-retirement funds, start by paying off the car loan if it's more than ~3% interest rate. The remainder: looks like a good emergency fund. If you don't have one of those yet, you do now. Store it in the best interest-bearing savings account you can find (probably accessible by online banking). If you wish to grow your emergency fund beyond $14-20,000 you might also consider some bonds, to boost your returns and add a little risk (but not nearly as much risk as stocks). With the Roth IRA - first of all, toss the precious metals. Precious metals are a crisis hedge and an advanced speculative instrument, not a beginner's investment strategy for 40% of the portfolio. You're either going to use this money for retirement, or your down payment fund. If it's retirement: you're 28; even with a kid on the way, you can afford to take risks in the retirement portfolio. Put it in either a targe-date fund or a series of index funds with an asset allocation suggested by an asset-allocation-suggestion calculator. You should probably have north of 80% stocks if it's money for retirement. If you're starting a down-payment fund, or want to save for something similar, or if you want to treat the IRA money like it's a down-payment fund, either use one of these Vanguard LifeStrategy funds or something that's structured to do the same sort of thing. I'm throwing Vanguard links at you because they have the funds with the low expense ratios. You can use Vanguard at your discretion if it's all an IRA (and not a 401(k)). Feel free to use an alternative, but watch the expense ratios lest they consume up to half your returns."}
{"_id": "492426", "title": "", "text": "If you are looking lighting and sound company for your party in Northampton area. Disco Henry is the best platform for you. We provide the best sound and light equipment. If you want to Sound &amp; Light Hire, then you can contact us at our office. When you have our company sound and lighting hire, then our professional will be available during the event?  They may get everything set up and then leave unless prior arrangements have been made."}
{"_id": "492428", "title": "", "text": "An employer can decide that the employee funds are automatically vested. The new company could have had a more aggressive vesting schedule and grandfathered in all the employees of the company they acquired. This could have been part of the purchase negoaitaions.   I would be surprised if they did it for employees that left years ago, especially if they were beyond the return period. I wouldn't keep money in a plan with a former employer just in case it happens. Check the plan documents to see all the verbiage regarding vesting here is a paragraph from one: You will receive one year of vesting service for each calendar year   during which you complete 850 or more hours of service. Once you have   five years of service, your account is fully vested and any future   Company contributions made to your account will be immediately vested.   Full vesting also occurs at age 59\u00bd, total disability or death while   employed by the Company. If you leave the Company prior to 100%   vesting, any unvested portion of your Plan account will be forfeited."}
{"_id": "492432", "title": "", "text": "All good points. You're right about my concern, though I like to think of it as that rather than fear, but that's immaterial.  I get the destructive destruction.  Externalities exist and should be honestly assessed but then the externalities of the interventions should also be considered, such as an incentive to automate or other potentially more destructive technologies as you mentioned.  I don't think it's unreasonable to think that ill considered regulation can create a feedback loop of interventions and responses that can severely distort a market.  I wish Public Choice theory had a little more traction than it seems to, not as a solution but as a framework for analysis.  I suppose my perspective on regulation meant to level the playing field should do just that, focus on the field, not the score.  I don't think anyone has enough understanding to be able to say what the score should be, only what they prefer it to be and I think you might appreciate the fallacy of that line of thinking.  That's an interesting example indeed.  I can see the motivation from the company but what's the burden on the municipal government?  Have they taken it upon themselves to collect these bikes from inappropriate places or something or is it just a general quality of life issue involving bikes obstructing movement?  Sounds like a classic tragedy of the commons but a lot less disruptive than others I know of.   I'll share one that you can go down the rabbit hole on if that sort of thing interests you.  Essentially, there is a bay on the Carribean coast of QR, Mexico where there is a town called Akumal.  Due to some hurricane damage some time ago, sea grass has been growing there and it has attracted green turtles to an area that one can simply walk into and 'swim with the turtles'.  Now, I'm sure I don't need to describe the various effects of overexploitation of that situation and that's exactly what's happening.  The problem is that the first 20 meters of shoreline is part of the commons so no privatization can be used to restrict access.  Add the conflicting interests of environmentalists, tourists, tour providers, hotels, and the various levels of government all within the context of Mexican politics and you can imagine the mess its created."}
{"_id": "492456", "title": "", "text": "Work under UK umbrella company.  By this you are thinking of creating a new legal entity in UK, then its not a very great idea. There will be lot of paperwork, additional taxes in UK and not much benefit.  Ask UK company to remit money to Indian savings bank account   Ask UK company to remit money to Indian business bank account Both are same from tax point of view. Opening a business bank account needs some more paper work and can be avoided.  Note as an independent contractor you are still liable to pay taxes in India. Please pay periodically and in advance and do not wait till year end. You can claim some benefits as work related expenses [for example a laptop / mobile purchase, certain other expenses] and reduce from the total income the UK company is paying"}
{"_id": "492471", "title": "", "text": "Although the quality isn't the best a lot of those programming boot camps guarantee employment at 60k+ after. I've seen people go through them and get jobs without too much issue. I'm not saying they are great but they do help people get good paying jobs"}
{"_id": "492494", "title": "", "text": "And then no one would have heard of Netflix.  The problem wasn't Blockbuster not having the chance or technology, it didn't have the mentality and that doesn't change with company acquisitions, especially startups.  We've seen conglomerates swallow up hundreds of companies before with little to no change in the parent companies operations, they might as well have gone into a black hole."}
{"_id": "492503", "title": "", "text": "I will assume that you are not asking in the context of high frequency trading, as this is Personal Finance Stack Exchange. It is completely acceptable to trade odd lots for retail brokerage customers. The odd lot description that you provided in your link, from Interactive Brokers is correct. But even in that context, it says, regarding the acceptability of odd lots to stock exchanges: The exception is that odd lots can be routed to NYSE/ARCA/AMEX, but   only as part of a basket order or as a market-on-close (MOC) order. Google GOOG is traded on the NASDAQ. Everything on the NASDAQ is electronic, and always has been. You will have no problem selling or buying less than 100 shares of Google.  There is also an issue of higher commissions with odd lots: While trading commissions for odd lots may still be higher than for   standard lots on a percentage basis, the popularity of online trading   platforms and the consequent plunge in brokerage commissions means   that it is no longer as difficult or expensive for investors to   dispose of odd lots as it used to be in the past. Notice what it says about online trading making it easier, not more difficult, to trade odd lots."}
{"_id": "492506", "title": "", "text": "\"Taking examples from this loosely Googled page: http://www.fundlibrary.com/features/columns/page.asp?id=14406 If you find, or calculate, the standard deviation (volatility) of the returns from your various investment classes you will find they range from low-risk (low volatility), such as Cash, to high-risk (high volatility), such as Strategic Growth.  The risk rating (volatility) is a good indicator of how reactive to market conditions your investment is likely to be.  As you can see below, from mid-2010 to mid-2011 the High Risk index performed really well, but it was also most reactive when the market subsequently turned down.  The medium risk indices performed the best over the chart period, 2010 to 2013, but it could have turned out different.  Generally, you choose your investment according to your \"\"risk appetite\"\" - how much you're willing to risk.  You might play safe with, say, 30% cash, 60% medium risk, 10% high risk.  (Then again, are you paying someone to manage cash, which you might be able to do for free in a bank?) Assuming, for a moment, European (3.) and Intnl Equity Tracker (9.) had the same medium risk profile, then holding 50% & 50% would also add some currency diversification, which is usually advisable.  However, the main choice is down to risk appetite. To address your specific question: \"\"my main interest for now is between Stockmarket Growth and Strategic Growth\"\", first thing to do is check their volatilities. For a further level of sophistication you can check how they are correlated against each other.  If they are inversely correlated, i.e. one goes up when the other goes down, then holding some of each could be a good diversification. FYI: An Introduction to Investment Theory The historical returns are important too, but the investment classes your pension fund is offering will probably be reasonably aligned on a risk-return basis.  You should check though.  I.e. do they line up on a plot of 3 year Return vs Volatility? e.g. the line through SA Cash - SA Bonds - Vol Target 20 - SA Equity.  Source\""}
{"_id": "492508", "title": "", "text": "I think he is going to snap, he has always capitulated and cracked under stress and felt no shame in declaring Bankruptcy. He lacks the moral fiber and stomach to deal with this level of stress. He will go spastic by Friday or the Military will probably put him in the Looney bin."}
{"_id": "492547", "title": "", "text": "How so?  And yes this is a safety critical system.  It was on a switch statement and the problem was with (not)/taking the correct case, not that the input to the switch was wrong, but going to case 2 instead of case 4 given an input of 4. If you are not going to trust the compiler/cpu you may as well give up because at that point there is a semi infinite number of test cases that you'd have to perform.  It's unreasonable in that it shows lack of understanding of the problem."}
{"_id": "492577", "title": "", "text": "Rental Cleaning\u2013Grout cleaning is not an easy task, the only way to really get your tiles and grouting looking like new is to have it cleaned professionally.It is all too easy for your beautiful tiled flooring to become spoiled with marks and gritty grouting, which is not easy to shift."}
{"_id": "492578", "title": "", "text": "So, my questions: Are payment cards provide sufficient security now? Yes. If so, how is that achieved? Depending on your country's laws, of course. In most places (The US and EU, notably), there's a statutory limit on liability for fraudulent charges. For transactions when the card is not present, proving that the charge is not fraudulent is merchants' task. Why do online services ask for all those CVV codes and expiration date   information, if, whenever you poke the card out of your wallet, all of   its information becomes visible to everyone in the close area? What   can I do to secure myself? Is it? Try to copy someones credit card info next time you're in the line at the local grocery store. BTW, some of my friends tend to rub off the CVV code from the cards   they get immediately after receiving; nevertheless, it could have   already been written down by some unfair bank employee. Rubbish."}
{"_id": "492589", "title": "", "text": "I know a guy who retired with a full pension from Sears after 20 years employment. It was in 1996 and he had worked there since 1976..... when he was 15 years old.  Not sure how that would be sustainable anyway."}
{"_id": "492596", "title": "", "text": "I was kidding.  Of course it's accurate.  Just because Romney is a bigger hypocrite doesn't mean Obama isn't one.  Google corporate lobbyists and executives in the Obama administration.  Goldman Sachs, Monsanto, JP morgan, etc etc. the list goes on. No multibillion dollar multinational is left out."}
{"_id": "492607", "title": "", "text": "Jesus Christ, it's not just the income tax rate. It's all the other bullshit that he'd be required to provide to his employees that would reduce his net income from the business to a point that it is no longer worth his time and stress to deal with it."}
{"_id": "492613", "title": "", "text": "One reason the product is produced this way is that they are trying to entice carnist (meat eaters) to try their product (love it) and hopefully consume less products made from the dead bodies of animals! So, companies like this are also trying to get their products put in the meat section of the grocery stores to make the choice easier."}
{"_id": "492615", "title": "", "text": "The most depressing here in the UK is that several different think tanks have come out and categorically said that the by far the most effective tax policy is a very simple flat tax rate and high personal allowance (i.e. the threshold before you get taxed).   Getting rid of all the tax allowances and other complication would massively streamline the system and there would be huge savings. The system would be fairer and would generate more cash. However, this will never happen because it will perceived as tax break on the rich, when in reality it would be a tax increase because of the lack of tax breaks."}
{"_id": "492620", "title": "", "text": "I have always though that the Choose to Save organization has a lot of good information. Including one on the magic of compounding"}
{"_id": "492624", "title": "", "text": "Pay attention to the guidelines for the number of questions on each topic, master the subjects that have the most questions.  IIRC, it was regulatory stuff (memorization) and value calculations/options (logic).    Memorize the stuff you have to memorize, UNDERSTAND the stuff you have to use logic to get through, so you can deal with questions as they come up."}
{"_id": "492626", "title": "", "text": "\"The entire time you've talked about cost. Changing incomes matters little if the cost scales with it. Me thinks you don't understand how a market works, even a semi-planned one. If more people make more money, the price of most goods goes up. This isn't due to real actual demand, its due to something called inflation. When the amount of money in circulation increases, we have inflation. Lets say I make 35k a year as a store clerk. Is my labor being undervalued compared to the income of a store clerk in the past? Or is the price of goods scaling faster than my income has scaled?  Simply adding more money doesn't fix anything. The price of the good or service is what matters the most. While everyone having more money is good, you can't just magically give everyone more money without the cost of goods and services rising. I imagine that if everyone suddenly were at least a millionaire, the price of a laptop would sky rocket. The cost of the laptop in parts wouldn't be that much more, but since most people would have disposable income beyond their needs some goods would then get more expensive. Once that happens, the inflation of prices starts to spread until its effects are seen across the market.  I don't think the \"\"fruit of my labor\"\" is being stolen by the \"\"upper class\"\". If anything, the fruit of my labor gets taken more and more by my own government and transferred to the lower classes more and more. I'm not rich, not even close. But I know I've had at least 15k of my income in the last 5 years taken and distributed through taxes ON my income to people that are generally unable to earn enough on their own.  If these people are the upper class, then I must be Marie Antoinette!\""}
{"_id": "492627", "title": "", "text": "First--congratulations!  I certainly wish I could create something worth buying for $1.4 million.  In addition to what @duffbeer703 recommended, consider putting some of the money in Treasury Inflation-Protected Securities (TIPS).  I second the advice on staying away from annuities as well.  @littleadv is right about certified financial planners.  A good one will put those funds in a mix of investments that minimize your potential tax exposure.  They will also look at whether you're properly insured.    Research what is FDIC-insured (and what isn't) here. Since you're still making a six-figure income in your salaried job, be sure not to neglect things like contributing to your 401(k)--especially if it's a matching one.  At your salary level, I think you're still eligible to contribute to a Roth IRA (taxable income goes in, so withdrawals are tax-free).  A good adviser will know which options are best."}
{"_id": "492636", "title": "", "text": "Apple is on the list. The problem is the URL is not to the Forbes list but to a fluff article designed to be read in 3min (&lt;-- just quoting the article metadata) by a 1st grader with no clue.  The real list is here: https://www.forbes.com/global2000/ and Apple is on #9 holding the place of the largest non-financial US company."}
{"_id": "492656", "title": "", "text": "\"If you can afford it, I would give her the money.  It is likely that she will not pay you back and then you would lose a friend. This friend cannot afford the car.  If you want to be a really good friend, offer different options like buying a junker until she can save up for a nicer car. Based on your comment, I am gathering the following: Sorry to beat a dead horse, but lending the money is akin to giving her the money.  So if you don't want to give it to her, then you can't lend it to her. She has \"\"car fever\"\", she thinks she cannot live her life without this car.  She can, and you know it.  In a week or two, she will have forgotten all about it. Since you cannot really say no (for whatever reason) you can \"\"pocket veto\"\" the idea through distraction.  Make her do a lot more legwork and in the end she will probably forget about it. So what I might suggest to her is that she goes to a credit union or a local bank to try for a car loan and see what they say.  You might sweeten the deal by saying they typically have lower interest rates then the place that is offering the loan now.  Alternatively you should tell her to let the car deal sit for a couple of weeks to see if you can talk them down on price.  The key is stalling, so the next shinny thing distracts her. Now the dad in me is going to come out, please consider yourself yelled at for these items: Have a nice day.\""}
{"_id": "492659", "title": "", "text": "Your question implies that you are 70-1/2, and not employed by this company. (Note - if you remain employed, the mandatory distribution is delayed) The best thing to do is to open an IRA and transfer the 401(k) to it. You then have all the investing choices you can ask for including low risk gov securities, right up to high risk leveraged ETFs (don't buy those, just saying).  Make sure the transfer is direct, so no tax withholding. Make sure you request it goes to a Traditional IRA, not Roth. If you wish to transfer to Roth over time, that's another discussion."}
{"_id": "492694", "title": "", "text": "Well, that is why I am asking questions, and seeing if there is any catch. I want to read up before I actually trade. Before I trades stocks I read for like 2 years, learning as much as I could. I am not about to jump in, but it is something I would like to trade eventually. I know I need to do my due diligence on it. The reason I came here was to get information on the topic before I decided on anything, including books and websites."}
{"_id": "492710", "title": "", "text": "\"The problem is that an injunction is like carpet-bombing.   ~~If~~ When various manufacturing industries try to use the law to protect their profits, I think what we'll see is alternate production streams pop up. If GE gets freaky about washing machine motors being produced by local 3D Printers, then hello \"\"make your own washing machine\"\" kits for 1/4 the price.   A wise manufacturing company would embrace the cottage industry - essentially make them outsourced (side-sourced?) support &amp; repair. Then try to grab market share by making that a feature.   Adapt &amp; survive. The painful part is that massive corporations can trundle along with poisoned business plans killing them from the inside out for *decades*\""}
{"_id": "492715", "title": "", "text": "I just installed this on my phone. It's ... *decent*. As in, I wouldn't care if I used telegram, WhatsApp, Facebook, Jabber or that if that were the only way to reach somebody.  Time to clean out my contact list. So many people from ten to twelve years ago."}
{"_id": "492717", "title": "", "text": "Neither the left nor the right truly has ever understood what the silent majority is.  The silent majority is composed of people marginally attached to both sides of the aisle who do not give a single fuck and are just trying to live their lives.  This is where the faux outrage, the historical revisionism, the censorship, and the aggressive one-sidedness of the new alt-left falls flat,on its face with the American voter."}
{"_id": "492727", "title": "", "text": "Nifty Tips 23 dec,stock tips 23 dec, NIFTY VIEW WITH SUPPORT AND RESISTANCE LEVEL FOR TOMORROW 23 Dec(NIFTY TREND):-Weak note opening took a u turn and closed at day high at 4734, up 41 points.Nifty has resistance level at 4801 and last resistance level at 5000.47 and support at 4602.07 and last support at 4402.87 for tomorrow Nifty."}
{"_id": "492735", "title": "", "text": "I have been using Acemony http://www.mechcad.net/products/acemoney/ for a couple of years now and extremely happy with it. Very simple and intuitive to use. The best part is - life-long free upgrades"}
{"_id": "492738", "title": "", "text": "Shainex Packers and Movers Shainex take pride in offering great packing &amp; moving services at reasonable prices. All our employees are well experienced, courteous and careful. We offer personalized service for any kind of relocation requirement whether it is local, Domestic, or International and we understand the importance of your belongings. Whether it is office relocation, commercial goods or household items etc, we offer safe packing and moving service. Under the supervision of our expert supervisors, we pack goods depending upon the nature of the item and use appropriate packaging material of best quality such as thermocols, cardboard sheets, gunny bags, plastic bubble sheet, cartons &amp; wooden crates. &amp; Plywood Box The material, which we use in our packing, is of best quality available in Packers movers"}
{"_id": "492791", "title": "", "text": "In the United States the general policy is that the IRS would consider it income when you have access to the money. I work for a company that has a contract with another company. Near the end of the year I turn in a time card that has my hours that I worked as of that date. Because they don't pay me until early January the money on the check is counted in the new year. I couldn't touch the money until they issued the check. If they had paid me on December 31st it would have counted as the old year, even if I only had a short window to have access to it before the year ended. It would even count as old year money if I held on to the December check, but didn't deposit it until March. So it would become income when you could use it. So If you could access it via a check, or debit card, or transfer it to the bank it is now income. Of course that is in the United States. You would need to see what the situation is in Singapore.... The edge cases always depend on the country."}
{"_id": "492800", "title": "", "text": "They have not. I use to be on of those people and a friend pointed it out to me.   I did not do it all the time but often enough. Now I am much more self aware.  I do know someone who does have an impossible time eating with his mouth closed. He knows this and makes sure to never eat with co-workers."}
{"_id": "492801", "title": "", "text": "\"I was afraid of this. If you are using 12 P/Y and 12 C/Y, then your interest rate should not be divided by 12. Also, you should use \"\"END\"\" as this means monthly payments are made at the end of the month - a usual default.\""}
{"_id": "492817", "title": "", "text": "\"No it isn't. The argument behind the OP's post is that success is attributable to your \"\"luck\"\" to be born as a white, middle to upper class American. Even if you replace the word \"\"luck\"\" with \"\"random chance\"\" success is still far more dictated by your own actions. I have plenty of friends from high school who had far more privilege than I and have been far less successful. Our school's valedictorian was from a middle class family, but our salutatorian was poor white trash, both have become immensely rich, like sailing yacht and E-Class rich.    Something I haven't mentioned yet, I didn't figure this shit out until I was 23. It took me another two or three years to dig myself out of the hole I dug waiting around trying to get \"\"lucky.\"\" If I had taken responsibility for my life at age 18, or hell at age 12 like my wife, I would be driving a god damned Lamborghini by now. Because of my own stupidity the best I'll probably do now is a M3, we'll see. I personally *love* cars, but you can insert whatever personal aspirations you have, material or otherwise, into that sentence. On that note, I don't suggest that financial success is the only kind of success. When I was younger I dreamed of moving someplace very remote and surviving off the land. It would have taken responsibility and hard work to achieve that goal, not luck.      It's best to take some responsibility for your life and stop going through it like a pinball bouncing from random event to random event. But don't do so on my account, I want you all to be successful. I want to work with people who are responsible and hard working. I want to be friends with people who are responsible and hard working. I'm proud of my friends who are more responsible and hard working than I am, not jealous.\""}
{"_id": "492856", "title": "", "text": "\"In your particular condition could buy the condo with cash, then get your mortgage on your next house with \"\"less than 20%\"\" down (i.e. with mortgage insurance) but it would still be an owner occupied loan.  If you hate the mortgage insurance, you could save up and refi it when you have 20% available, including the initial down payment you made (i.e. 80% LTV ratio total).  Or perhaps during the time you live in the condo, you can save up to reach the 20% down for the new house (?).  Or perhaps you can just rent somewhere, then get into the house for 20% down, and while there save up and eventually buy a condo \"\"in cash\"\" later.  Or perhaps buy the condo for 50% down non owner occupied mortgage... IANAL, but some things that may come in handy: you don't have to occupy your second residence (owner occupied mortgage) for 60 days after closing on it.  So could purchase it at month 10 I suppose.  In terms of locking down mortgage rates, you could do that up to 3 months before that even, so I've heard.   It's not immediately clear if \"\"rent backs\"\" could extend the 60 day intent to occupy, or if so by how long (1 month might be ok, but 2? dunno) Also you could just buy one (or the other, or both) of your mortgages as a 20% down conventional \"\"non owner occupied\"\" mortgage and generate leeway there (ex: buy the home as non owner occupied, and rent it out until your year is up, though non owner occupied mortgage have worse interest rates so that's not as appealing).  Or buy one as a \"\"secondary residency\"\" mortgage?  Consult your loan officer there, they like to see like \"\"geographic distance\"\" between primary and secondary residences I've heard. If it's HUD (FHA) mortgage, the owner occupancy agreement you will sign is that you \"\"will continue to occupy the property as my primary residence for at least one year after the date of occupancy, unless extenuating circumstances arise which are beyond my control\"\" (ref), i.e. you plan on living in it for a year, so you're kind of stuck in your case.  Maybe you'd want to occupy it as quickly as possible initially to make the year up more quickly :) Apparently you can also request the lender to agree to arbitrarily rescind the owner occupancy aspect of the mortgage, half way through, though I'd imagine you need some sort of excuse to convince them.  Might not hurt to ask.\""}
{"_id": "492867", "title": "", "text": "Charlotte Drone Company provides full service media solutions in Charlotte. Our services grab the viewer\u2019s attention. Browse for Media Production Company in Charlotte, NC area. We do Real Estate Photography, Aerial Photographers and many more. All Video is done with stabilized DSLR camera for the smoothest and most effective video. Visit us for more."}
{"_id": "492899", "title": "", "text": "Person significantly over 40 here (me, 55).  What.  I like my work much better now than I did twenty years ago, and I'm able to successfully put more time into it.  More, a lot of other things are less interesting to me - video games, trash TV - and really only work is satisfying.  Of course, I'm very lucky to be in an interesting field (software) and lucky also to be (I perceive :-) )  at the top of my game."}
{"_id": "492913", "title": "", "text": "To thrive in this new dynamic, clients partner with ITC Infotech to create a modernized ERP system through seamless upgrades and effective business process mapping, with automation and analysis of information exchange at an enterprise level. ITC Infotech applied digitaligence ensures standardized processes and a simplified user experience for clients."}
{"_id": "492927", "title": "", "text": "I was under the impression this is how he's pretty much always done business. I was amazed he found so many people to work for him in the first place but there's still [hundreds of key positions that haven't even had a candidate nominated.](https://ourpublicservice.org/issues/presidential-transition/political-appointee-tracker.php)"}
{"_id": "492930", "title": "", "text": "It is already going downhill. I hadn't actually put two and two together, but my last several visits were not good. I had chalked it up to unfortunately pulling new waiters just on their first day alone because I was there a bit early."}
{"_id": "492955", "title": "", "text": "Daytrading cryptocurrency. If you manage to trade the highs and lows  correctly you can easily make a killing, as it's highly volatile at the moment. Please note that this also carries big risks of losing whatever you put in."}
{"_id": "492965", "title": "", "text": "When Hewlett Packard split they changed their name to HP Inc. and spun off Hewlett Packard Enterprise as a new corporation. This means HP Inc. has the same stock history and ticker (HPQ) as Hewlett Packard did so that's the one you want to search for. As you noticed this also means it's impossible to search for old Hewlett Packard's stock performance alone. One free service that seems to show the unadjusted historical stock price of HPQ is Google finance: https://www.google.com/finance?q=NYSE%3AHPQ"}
{"_id": "492971", "title": "", "text": "\"Whether you contribute to an IRA (Traditional or Roth) and whether you contribute to a 401k (Traditional or Roth) are independent. IRAs have one contribution limit, and 401ks have another contribution limits, and these limits are independent. I see no reason why you wouldn't maximize the amount of money in tax-advantaged accounts, if you can afford to. In your first year of work, especially if you only work for part of the year, you're likely in a lower tax bracket than in the future, so Roth is better than Traditional. Another thing to note is that the money in the Roth IRA can be part of your \"\"safety net\"\" -- contributions to a Roth IRA (but not earnings) can be withdrawn at any time without tax or penalty. So if there is an emergency you can withdraw it, and it wouldn't be any worse than in a taxable account. And if you don't need it, then it will enjoy the tax benefits of being in the IRA.\""}
{"_id": "492981", "title": "", "text": "You did not answer my question. Is it moral to steal from me to pay off someone else's debt because I payed mine off?  Is that moral?  Why is college the only option to learning skills? What about online learning or trade skills? There is a reason coding boot camps are popping up everywhere.  Tuition is skyrocketing because universities have no incentives to cut costs/prices because the Government hands out free tuition/low interest rate loans."}
{"_id": "493010", "title": "", "text": "DCA is not 10%/day over 10 days. If I read the objective correctly, I'd suggest about a 5 year plan. It's difficult to avoid the issue of market timing. And any observation I'd make about the relative valuation of the market would be opinion. By this I mean, some are saying that PE/10 which Nobel prize winner Robert Schiller made well known, if not popular, shows we are pretty high. Others are suggesting the current PE is appropriate given the near zero rate of borrowing.  Your income puts long term gains at zero under current tax code. Short term are at your marginal rate.  I would caution not to let the tax tail wag the investing dog. The fellow that makes too many buy/sell decisions based on his taxes is likely to lag he who followed his overall allocation goals."}
{"_id": "493012", "title": "", "text": "\"Well, futures don't have a \"\"strike\"\" like an option - the price represents how much you're obligated to buy/sell the index for at a specified date in the future.  You are correct that there's no cost to enter a contract (though there may be broker fees and margin payments).  Any difference between the contract price and the price of the index at settlement is what is exchanged at settlement.   It's analogous to the bid/ask on a stock - the bid price represents the price at which someone is willing to \"\"buy\"\" a futures contract (meaning enter into a long position) and the ask is how much someone is willing to \"\"sell\"\" a contract. So if you want to take a long position on S&P500 mini futures you'd have to enter in at the \"\"ask\"\" price.  If the index is above your contract price on the future expiry date you'll make a profit; if it is below the contract price you'll take a loss.\""}
{"_id": "493034", "title": "", "text": "I was in a similar situation with my now 6 year old.  So I'll share what I chose.  Like you, I was already funding a 529. So I opened a custodial brokerage account with Fidelity and chose to invest in very low expense index fund ETFs which are sponsored by Fidelity, so there are no commissions.  The index funds have a low turnover as well, so they tend to be minimal on capital gains. As mentioned in the other answer, CDs aren't paying anything right now.  And given your long time to grow, investing in the stock market is a decent bet. However, I would steer clear of any insurance products.  They tend to be heavy on fees and low on returns.  Insurance is for insuring something not for investing."}
{"_id": "493043", "title": "", "text": "It seems to be that your main point is this: No matter what, my chances cannot be worse than random and if my trading system has an edge that is greater than the percentage of the transaction that is transaction cost, then I am probabilistically likely to make a profit? In general, yes, that is true, but... Consider this very bad strategy: Buy one share of stock and sell it one minute later, and repeat this every minute of the day. Obviously you would bleed your account dry with fees. However, even this horrible strategy still meets your criteria because: if this bad strategy had an edge beyond the transaction fees you would likely still make a profit. In other words, your conclusion reduces to an uninteresting statement: If there were no transactions fees, then if your trading system has an edge then you will likely make a profit. Sorry to be the bearer of bad news, but IMHO, that statement, and others made in the question are just obvious things stated in convoluted ways. I don't want to discourage you from thinking about these things though. I personally really enjoy these type of thought experiments. I just feel you missed the mark on this one..."}
{"_id": "493075", "title": "", "text": "The government gets part of it. The remainder:  Borrower relief will be in the form of mortgage modifications, including first-lien principal and forbearance forgiveness and second-lien extinguishments, low- to moderate-income mortgage originations, and community reinvestment and neighborhood stabilization efforts, with initiatives focused on communities experiencing, or at risk of, urban blight. This includes lien releases, uninhabitable and abandoned property demolition, and remediation and property donations. Also, Bank of America will support the expansion of available affordable rental housing. Bank of America has committed to complete delivery of the relief by no later than August 31, 2018. The consumer relief will be subject to oversight by an independent monitor. - See more at: http://newsroom.bankofamerica.com/press-releases/corporate-and-financial-news/bank-america-reaches-comprehensive-settlement-us-departm#sthash.AR7aJl3o.dpuf"}
{"_id": "493124", "title": "", "text": "This is best online cartridge service provider in UK. We provide you easy and efficient service. We have all the brand name like epson inks, hp ink, hp cartridges,  epson cartridges and many more. Further, we available for you 24x7 and provide you best service in the world."}
{"_id": "493136", "title": "", "text": "&gt; 1) Did President Trump say he thought Medicare Part-D should use its market share to negotiate drug prices, enter a room with executives from the pharmaceutical industry, and then come out saying he now opposed Medicare doing so? Yes or no?  Yes. So he said that. Did he ACT to make it so? Maybe, as usual, he's playing business chess with executives and eventually, when changes are made to Medicare part-D, it will be something that he originally said?  &gt; 2) Has President Trump created, championed, or even backed any policy that would require the United States to take active steps to prepare for the upcoming problems caused by global warming? Yes or no?  Absolutely not! Absolutely not! President Trump is not against any method or measure to reduce pollution or emission.  **Now, that I answered your questions, I want to remind you what I already said to you: I voted Trump and I very much support Trump now, but, no, I am not happy with everything he said or do before and after the elections. For example: I am pro-choice, and he is not.**"}
{"_id": "493157", "title": "", "text": "\"Yeah, I saw a similar article back in 1976 (and several times since).  But then they used the correct word \"\"exponential\"\" to refer to growth.  Ironically the author may end up being correct by using \"\"parabolic\"\" -- which is the type of curve you see with \"\"bubbles\"\", as the slow towards the peak and then begin descending with increased rapidity on the other side.  And (alas) solar electric power generation placements are very likely to follow THAT curve -- as the investments fail to pay off, people begin to realize that (despite the claims) it is *not* a viable long-term base of power-generation, and so begin to not only reduce investment, but to abandon and even scrap projects as the long term costs mount.\""}
{"_id": "493158", "title": "", "text": "This: I was told by my broker that the amount of money I invest would be spread across multiple banks (which are FDIC insured) so that at each bank the amount would not exceed $250K. Has nothing to do with this: Is this how CDs offered by brokerage houses (that are not themselves FDIC insured) offer protection? If you want a CD, get the CD from a bank itself."}
{"_id": "493160", "title": "", "text": "\"That's a tricky question and you should consult a tax professional that specializes on taxation of non-resident aliens and foreign expats. You should also consider the provisions of the tax treaty, if your country has one with the US. I would suggest you not to seek a \"\"free advice\"\" on internet forums, as the costs of making a mistake may be hefty. Generally, sales of stocks is not considered trade or business effectively connected to the US if that's your only activity. However, being this ESPP stock may make it connected to providing personal services, which makes it effectively connected. I'm assuming that since you're filing 1040NR, taxes were withheld by the broker, which means the broker considered this effectively connected income.\""}
{"_id": "493169", "title": "", "text": "More should go down that valley! Well done! And Lo and Behold - there are no management issues. Apparently, people are responsible and can work independently with no micro-management.  Nobel for this discovery in order! Oh, and no leadership motivational nonsense....Totally wowed!"}
{"_id": "493177", "title": "", "text": "\"Although I only cited product quality, I'm trying to think of examples of companies that incorporated and then immediately improved product quality, fostered good will, and treated its employees better than when they were private. None come to mind, can you think of any?  Perhaps \"\"almost always\"\" was a bit of hyperbole, but in matters of cost vs. quality I'd expect publicly traded companies to prioritize short-term shareholder profit (or be sued by said shareholders.) Private companies can have more of a vested interest in the good will of their employees, product quality, and can make decisions that benefit themselves and society long-term because they do not have this fiduciary responsibility.   Have you ever seen the documentary [*the Corporation*](http://www.thecorporation.com/index.cfm?page_id=46)? They make a compelling case that if corporations were people they'd be sociopaths (according to the ASM.)\""}
{"_id": "493195", "title": "", "text": "##Toll road A toll road, also known as a turnpike or tollway, is a public or private roadway for which a fee (or toll) is assessed for passage. It is a form of road pricing typically implemented to help recoup the cost of road construction and maintenance.  Toll roads in some form have existed since antiquity, collecting their fees from passing travellers on foot, wagon or horseback; but their prominence increased with the rise of the automobile, and many modern tollways charge fees for motor vehicles exclusively. The amount of the toll usually varies by vehicle type, weight, or number of axles, with freight trucks often charged higher rates than cars.  ***  ##Free-market roads Free-market roads is the theory that a society should have entirely private and/or community owned roads.  Free-market roads and infrastructure are generally advocated by anarcho-capitalist works, including Murray Rothbard's For a New Liberty, Morris and Linda Tannehill's The Market for Liberty, David D. Friedman's The Machinery of Freedom, and David T. Beito's The Voluntary City.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"_id": "493198", "title": "", "text": "You havent indicated the duration of your visit. The best way to do this is carry GBP. Exchange this into local currencies in the Thailand/Indonesia. Do not convert at Airport as the rates are bad. Go around shopping for rates. Most of the malls have tons of delears, bargain hard to get a good price.   For hotel stay, most of the hotels in Thailand/Indonesia charge you a USD rate for room. You can check with them, if so its better to get a Pre-paid USD card or even if you swipe your regular card, you would get a decent rate for USD-GBP. The other option to make hotel payments is using Travellers cheques."}
{"_id": "493201", "title": "", "text": "\"Currently, there is simply no reason to do so. It's not a problem. It is no more of a problem or effort to denote \"\"5,000\"\" than it is to denote \"\"50.00\"\". But if there were a reason to do so, it wouldn't be all that difficult. Of course there would be some minor complications because some people (mostly old people presumably) would take time getting used to it, but nothing that would stop a nation from doing so. In Iceland, this has happened on several occasions in the past and while Iceland is indeed a very small economy, it shouldn't be that difficult at all for a larger one. A country would need a grace period while the old currency is still valid, new editions of already circulating cash would need to be produced, and a coordinated time would need to be set, at which point financial institutions change their balances. Of course it would take some planning and coordination, but nothing close to for example unifying two or more currencies into one, like the did with the euro. The biggest side-effect there was an inflation shot when the currencies got changed in each country, but this can be done even with giant economies like Germany and France. Cutting off two zeros would be a cakewalk in comparison. But in case of currencies like the Japanese Yen, there is simply no reason to take off 2 zeros yet. Northern-Americans may find it strange that the numbers are so high, but that's merely a matter of what you're used to. There is no added complication in paying 5.000 vs. 50 at a restaurant, it merely takes more space on a computer screen and bill, and that's not a real problem. Besides, most of the time, even in N-America, the cents are listed as well, and that doesn't seem to be enough of a problem for people to concern themselves with. It's only when you get into hyper-inflation when the shear space required for denoting prices becomes a problem, that economies have a real reason to cut off zeros.\""}
{"_id": "493202", "title": "", "text": "The buyer pays $1.99/share for the option of selling a share of AMD to the seller for $10 which is currently $1.94 higher than the price of $8.06/share.  If you bought the put and immediately exercised it, you would come out of the deal losing $.05/share."}
{"_id": "493214", "title": "", "text": "\"The main pros are more than that. They are  1: stability of prices and interest rates (otherwise these would swing wildly with the economic cycle) 2: Guarantee of trustable legal tender. (otherwise, what's to say for sure that paper money would be any better than say... paying in chicken feed) 3: the employment and output effects of monetary policy. 4: Currency price stability relative to foreign currencies.    Also... it might be a good idea to look who is in favor of Central Banks and who is against.  In favor:  All mainstream economists from any of the major schools (Keynesian, Austrian, Neo-classical, historical, monetarist, ect.)  Against: Lyndon LaRouche, Ron Paul, and Right-wing conspiracy nuts.   Also, last time I checked, currency value of the USD wasn't really the US's biggest problem, even even a problem at all really. Also consider what \"\"currency\"\" actually is, before worry about its value.\""}
{"_id": "493222", "title": "", "text": "I didn't realize that! Thanks for the correction. A bit of google-fu provided this:  &gt;[Stolen funds may be covered by what's called a banker's blanket bond, which is a multi-purpose insurance policy a bank purchases to protect itself from fire, flood, earthquake, robbery, defalcation, embezzlement and other causes of disappearing funds. In any event, an occurrence such as a fire or bank robbery may result in a loss to the bank but should not result in a loss to the bank's customers.](http://www.fdic.gov/consumers/consumer/information/fdiciorn.html)"}
{"_id": "493242", "title": "", "text": "Small companies are competing with huge corporations with small comparable fixed costs, so they turn to temp agencies that, due to size, can offer a basket of benefits a small company cannot, but at the expense of the laborer, who is now competing with a much larger labor pool, keeping wages low.  Wages aren't increasing because the competition in the labor market is for better benefits, not for workers."}
{"_id": "493252", "title": "", "text": "And holy crap the comments have a lot of assholes.  I'm happy to see Coakley going after shady bank practices.  Who owns the mortgages on houses isn't always cut and dry.  Banks don't want to deal with that but they're more than happy to foreclose."}
{"_id": "493255", "title": "", "text": "Yes, all the house footage is treated the same. The use of home is a (suspected) audit trigger, so do consult with a tax professional if you want to take this deduction. From the statute (IRC Sec. 280A): The term dwelling unit includes a house, apartment, condominium,   mobile home, boat, or similar property, and all structures or other   property appurtenant to such dwelling unit."}
{"_id": "493264", "title": "", "text": "To generate a passive income you need lots of TIME or MONEY, you are short of both. As other people have said, do whatever you can to reduce you spending and start saving.  Don\u2019t think \u201cI work very hard, therefore I deserve xxx\u201d, start thinking \u201cx cost y hrs of work, is it truly worth it?\u201d   (Remember to consider your take home pay per hr, not you before tax pay!) What would it take to get paid more per hr in one of your jobs?  Maybe investing a little time/money in training would increase your pay.  Doing your job a little better can often lead to a good outcome. (I see from your profile that you are a new computer programmer; I assume that one of your jobs is programming, if so put your time and effort into it.   As you become more skilful within a few years you will start earning more.   Maybe even give up one of the other jobs by spending less so you can do better at programming) Then as your incomes goes up, don\u2019t allow your spending to increase, save the additional money."}
{"_id": "493312", "title": "", "text": "According to this FAQ published by the state of Delaware, your annual filing fees will be: Anything above and beyond that is based on company income. If you decide to file an LLC in Delaware instead of a Corporation your annual tax is $300. As others have mentioned in comments to your original question it's worth exploring your home state or other states. Delaware is commonly used to incorporate, but if you're very small or just starting out then often times your home state can be more favorable and less costly."}
{"_id": "493321", "title": "", "text": "\"There are several such \"\"lists.\"\" The one that is maintained by the company is called the shareholder registry. That is a list that the company has given to it by the brokerage firms. It is a start, but not a full list, because many individual shareholders hold their stock with say Merrill Lynch, in \"\"street name\"\" or anonymously. A more useful list is the one of institutional ownership maintained by the SEC. Basically, \"\"large\"\" holders (of more than 5 percent of the stock) have to register their holdings with the SEC. More to the point, large holders of stocks, the Vanguards, Fidelitys, etc. over a certain size, have to file ALL their holdings of stock with the SEC. These are the people you want to contact if you want to start a proxy fight. The most comprehensive list is held by the Depositary Trust Company. People try to get that list only in rare instances.\""}
{"_id": "493335", "title": "", "text": "Before this turns into a statistics argument, I want to share some keen insights that nobody is aware of:  * Causation is not correlation * The average is not the same as the median  Just to get that out of the way, as both are likely to be central to somebody's argument eventually.  (/s - didn't think I needed this but you never know on this sub)."}
{"_id": "493336", "title": "", "text": "At the moment the interest rate... implies a variable rate mortgage.  I believe rates are only going to go up from here. So, if I were in your position, I would pay off the mortgage first.  If you don't have 3-6 months in savings for an emergency, I would invest that much money in low risk investments.  Anything remaining I would invest in a balanced portfolio of mutual funds. The biggest benefit to this is the flexibility it gives you.  Not being burdened by a monthly mortgage frees you up to invest.  This may be in your stock portfolio each month or it may be in your community or charitable causes. You have financial margin."}
{"_id": "493339", "title": "", "text": "Massively over-promising pensions are a problem in numerous states.  California has done this so catastrophically that they could easily be seen as a qualitatively different than others (not just a bit worse but so systemically damaging that it is a different type of problem than most states face)."}
{"_id": "493342", "title": "", "text": "The median price of a new home increased 6.3 percent in July from a year ago to $313,700. In contrast, annual wage growth has struggled to break above 2.5 percent.  As someone saving for a house, I'm watching neighborhoods priced out of my budget which were affordable 5 years ago, even 2 years ago."}
{"_id": "493366", "title": "", "text": "Here are the specific Vanguard index funds and ETF's I use to mimic Ray Dalio's all weather portfolio for my taxable investment savings. I invest into this with Vanguard personal investor and brokerage accounts. Here's a summary of the performance results from 2007 to today:  2007 is when the DBC commodity fund was created, so that's why my results are only tested back that far. I've tested the broader asset class as well and the results are similar, but I suggest doing that as well for yourself. I use portfoliovisualizer.com to backtest the results of my portfolio along with various asset classes, that's been tremendously useful. My opinionated advice would be to ignore the local investment advisor recommendations. Nobody will ever care more about your money than you, and their incentives are misaligned as Tony mentions in his book.  Mutual funds were chosen over ETF's for the simplicity of auto-investment.  Unfortunately I have to manually buy the ETF shares each month (DBC and GLD). I'm 29 and don't use this for retirement savings. My retirement is 100% VSMAX. I'll adjust this in 20 years or so to be more conservative. However, when I get close to age 45-50 I'm planning to shift into this allocation at a market high point.  When I approach retirement, this is EXACTLY where I want to be. Let's say you had $2.7M in your retirement account on Oct 31, 2007 that was invested in 100% US Stocks. In Feb of 2009 your balance would be roughly $1.35M. If you wanted to retire in 2009 you most likely couldn't. If you had invested with this approach you're account would have dropped to $2.4M in Feb of 2009.  Disclaimer: I'm not a financial planner or advisor, nor do I claim to be. I'm a software engineer and I've heavily researched this approach solely for my own benefit. I have absolutely no affiliation with any of the tools, organizations, or funds mentioned here and there's no possible way for me to profit or gain from this. I'm not recommending anyone use this, I'm merely providing an overview of how I choose to invest my own money. Take or leave it, that's up to you. The loss/gain incured from this is your responsibility, and I can't be held accountable."}
{"_id": "493367", "title": "", "text": "My recent Sears experience was exactly that: depressing.  I had an aging Willy Loman-esque sales clerk who begged us to give him good feedback on the survey or he'd get written up.  The desperation made me really uncomfortable."}
{"_id": "493371", "title": "", "text": "\"I am going to skip over the potential debate on \"\"zero-sum\"\" taxes and regulation because you are missing my point.  I don't understand ***why that matters***.  If Person A and Person B both have lives that are improving, is it that big of deal that Person A's life is improving faster than Person B other than jealousy?  Both people are better off today than they were yesterday.  That is a good thing.  If real wages in the middle and lower classes were falling I would see a huge issue with that, but that is not what is happening.\""}
{"_id": "493413", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://arstechnica.com/tech-policy/2017/09/isps-want-supreme-court-to-kill-title-ii-net-neutrality-rules-now-and-forever/) reduced by 90%. (I'm a bot) ***** &gt; Under President Obama, the FCC&amp;#039;s Democratic majority reclassified home and mobile broadband providers as common carriers under Title II of the Communications Act in order to enforce net neutrality rules.  &gt; The broadband industry lost its first attempt to overturn the Title II net neutrality order last year when a three-judge panel at the US Court of Appeals for the District of Columbia Circuit upheld the FCC decision.  &gt; The vast majority of petitions are denied, and FCC Chairman Ajit Pai&amp;#039;s plan to revoke the net neutrality rules may make it less likely for the Supreme Court to intervene.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73k7jr/isps_gutting_netneutrality_is_functionally_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219916 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **FCC**^#1 **service**^#2 **Court**^#3 **rule**^#4 **Broadband**^#5\""}
{"_id": "493438", "title": "", "text": "A Company start with say $100. Lets say the max it can borrow from bank is $100 @ $10 a year as Interest. After a years say, On the $200 the company made a profit of $110. So it now has total $310 Option 1: Company pays back the Bank $100 + $10. It further gave away the $100 back to shareholders as dividends. The Balance with company $100. It can again start the second year, borrow from Bank $100 @ 10 interest and restart.   Option 2: Company pays back the Bank $100 + $10. It now has $200. It can now borrow $200 from Bank @ $20. After a year it makes a profit of $250. [Economics of scale result $30 more] Quite a few companies in growth phase use Option 2 as they can grow faster, achieve economies of scale, keep competition at bay, etc Now if I had a share of this company say 1 @ $1, by end of first year its value would be $2, at the end of year 2 it would be $3.3. Now there is someone else who wants to buy this share at end of year 1. I would say this share gives me 100% returns every year, so I will not sell at $2. Give me $3 at the end of first year. The buyer would think well, if I buy this at $3, first year I would notionally get $.3 and from then on $1 every year. Not bad. This is still better than other stocks and better than Bank CD etc ... So as long as the company is doing well and expected to do well in future its price keeps on increasing as there is someone who want to buy. Why would someone want to sell and not hold one: 1. Needs cash for buying house or other purposes, close to retirement etc 2. Is balancing the portfolio to make is less risk based 3. Quite a few similar reasons   Why would someone feel its right to buy: 1. Has cash and is young is open to small risk 2. Believes the value will still go up further 3. Quite a few similar reasons"}
{"_id": "493461", "title": "", "text": "\"Besides what others have mentioned, another thing to watch out for is the tax withholding on withdrawal. If it's a Traditional IRA, they will probably withhold a certain percentage on non-qualified withdrawals. I am not sure if you can ask them not to withhold. I don't remember the percentage, and it varies by state, but let's assume it is 20%. That means that you only receive 80% of the withdrawal amount when you take it out. However, when you deposit the money to complete the \"\"rollover\"\", you need to give them 100% of the withdrawal. That means (assuming the 20% withholding) you need to fork out cash equal to 125% of what you received in cash, within 60 days! That's like several hundred percent APR and hard to meet unless you are certain of receiving a large payment within the time period. And if you forget about this, and you just deposit the same amount that you received (80% of the withdrawal), the remainder (20% of the withdrawal) will count as an early withdrawal, with all the taxes and penalty. So what happens to the 20% withheld that you never received but had to pay anyway? Well, the government has it. It will count as tax paid on your tax return, so it will increase your refund/decrease the amount you owe, but that means you are out that money until tax time! (Unless you decrease the withholding on your salary in the rest of the year to compensate.) If it's a Roth IRA withdrawal on the contribution, there is generally no withholding, so you don't have to worry about the above. (But there is no penalty on withdrawal of Roth IRA contribution anyway.)\""}
{"_id": "493468", "title": "", "text": "Setback for businesses? Please. It's clear someone has bought into the DNC and GOP's crony capitalist lies.  This bill is staunchly pro consumer. In fact, it's pro honest business. It's only a setback for businesses who actively screw their consumers.   I'm a libertarian, but even I can recognize this regulation as an all around win for society."}
{"_id": "493469", "title": "", "text": "&gt; Every Yelp businesses gets same Yelp treatment.  This statement is untrue. I want people to see something fun.  I live in LA and am on Yelp quite a bit. After having used Yelp for years, I needed to buy a particular couch. That got me into looking for interior designers, and I stumbled upon this wonderful person:  http://www.yelp.com/biz/asd-interiors-burbank-2  Wow - one star. That's horrid. Why would I ever **20 filtered reviews**. Uh. Ok - let's see what happened here.  *20 five star reviews, written at different dates and times by different people who are clearly not bots. The only non-filtered review is a one-star review.*  Yelp is one of the most evil businesses I've ever seen, because they've so casually buried her. You could make a case for many of those 5 star reviews - they're all the only review the person has ever posted, etc. But I see a few in there from people with MANY reviews and MANY friends. Those aren't fake, and there's NO WAY you could have designed a filter to remove them automatically. Look at the review by Monica A. Tell me that a filter caught that review.  Yelp, as a business, intentionally sinks small businesses if they don't agree to the shakedown. It's amazing to see it so clearly. Hope you enjoy the example."}
{"_id": "493483", "title": "", "text": "I have children.  I\u2019m not saving a dime for their college tuition.  With the exception of some technical degrees, I think college is not a great source of education. When I reflect on where I obtained the most knowledge I come up with two major sources: work and my own self education.  I have a Master\u2019s degree but working has, by far, taught me more than any school system.  That includes bagging groceries, baling hay, painting, factory work, engineering, and programming.  Doing something, working with others, making mistakes, and then learning from those mistakes educates more than listening to someone preach in a classroom.  My own interest in history and economics has also expanded my knowledge more than any classroom. If my children learn anything from me I hope it is this: think.  Watch, listen, read, and then think.  Think for yourself.  Don\u2019t let others think for you.  I believe there would be a lot less heavily indebted college graduates if they would have thought for themselves instead of having others think for them. Soapbox = off."}
{"_id": "493484", "title": "", "text": "At MASAI AUTO CITY we have developed a unique system to find the used car you are looking for. We have thousands of used car deals to choose from, but above all, a scoring system that assesses whether or not the price of the vehicle, with respect to its characteristics, is in the market. And as we know you can buy used car. If you have doubts about the price you can access our price appraiser here. We are very concerned about the used car advertisement that we have and that is why we check all of them manually before publishing them."}
{"_id": "493512", "title": "", "text": "&gt; I know the last one was due to cocaine, which really doesn't make sense to me but it's a barrier that the company is not getting rid of because if you are not able to get clean even just long enough to get hired there is a good chance of other issues as an employee  Yup.  I was friendly with a lady at a fortune 500 who ran drugs tests.  She said if you can't not do cocaine for 3 days before the test you have a problem.  At this company they didn't care about pot.  It was just cocaine/meth, etc."}
{"_id": "493519", "title": "", "text": "\"Um... I wonder why Monsanto has a provision in their licensing contracts to restrict purchasers from replanting seeds from year to year? Must be because no one ever replants seeds...  Go have a look at the Monsanto vs Schmeiser case. Not all, but a few farmers actually develop their own varieties of seeds from... Gasp... Their own plants! This poor sod had the misfortune if having his field contaminated by Monsanto seeds. Which he did not plant. Yes, his intent was questionable when he harvested the seeds from plants he know came from Monsanto seeds to use them for development, yet it remains that farmers do replant seeds, and fields do get invaded by the GMO seeds.   Edit: should os said \"\"I has been said that the TPP and the TAP\"\" contain those provisions, as the documents aren't public, and all if this is hearsay... From the news outlets...\""}
{"_id": "493525", "title": "", "text": "\"The editorial highlights some reasonable reforms-- consistent and transparent pricing--- and then seemingly takes a left turn. This concept or \"\"cutting out the middle man\"\" is a fantasy born of a time when local doctors provided affordable but limited care to a limited population. It's been a hollow talking point perpetuated by industry lobby in response to single-payer proposals. Keeping health care between patient and doctor doesn't address the key reasons why health insurance exists in the first place.   The author suggests government-funded escrow accounts for those who can't afford the cost of healthcare. What about those just above the needs-tested cutoff? It seems that this approach disregards and therefore punishes the middle class. Must those with chronic illness become indigent before the government will assist in their care? The point of insurance is that when you get sick, you aren't left spending your life savings on medical care. Level and transparent pricing doesn't change the fact that certain treatments are still going to be expensive. The auto insurance comparison always frustrates me because people are not cars. If your car is breaking down every 30 miles, you can take out a loan and get a new car. A new body, not so much. Furthermore, every auto insurance claim raises your premium. All of this amounts to a tax on sick people.   Single payer or even Medicaid for all (who want it) means the government has enormous pool of patients (or consumers if you wish) with which to negotiate pricing. Do you really think St. XYZ Hospital is going to cut you, an individual, a deal for no reason? Where is the leverage? Particularly in the case of emergencies?  It isn't perfect, but politicizing and misconstruing the tragic case of a brain-dead infant does not strengthen your argument. Charlie Gard's case was not a matter of death panels; it was a matter of heartbroken parents in denial that their children was not going to get better. It's indeed an ethical quandary and no doubt a tragedy, but the hopelessness of the situation was not dictated by a heartless government but by health care professionals.   This is much more than I wished to say initially, but I am tired of seeing simplified fantasy being sold as panacea for what is an extremely complicated subject. Also, I'm not a public policy scholar, but I think I've done a better job than the author.\""}
{"_id": "493548", "title": "", "text": "Are you worried at all about the $5 trillion in bonds held by the FED?  It seems some of the Keynesian crowd on here isn't concerned at all or or at least pretending to have no concerns. Is there any precedent for a country canceling that amount of debt ever and kept reserve currency status?  I was just watching a documentary about WWI and Keynes said at the outset the war would have to stop after a few months because each side would run out of money. Kitchener said baloney, a war in progress would never stop and they would go into debt. Kitchener was right and the world descended into an apocalypse it's still working through. I wonder if any of the political leaders then made decisions based on his opinions. He was dead wrong about the most important event in Europe's history and maybe the world."}
{"_id": "493556", "title": "", "text": "The thing cost tens of thousands of dollars to make, not to mention whatever value you may set for Louis CK's comedic mind or the time he personally spent to write and practice the jokes. Why on earth should a well produced and creative piece of hard work be free? How is he supposed to make any money if not by charging for a product?"}
{"_id": "493569", "title": "", "text": "Update, 2013: this product is no longer available. As of December 1, 2010, Travelex announced a product, the Travelex Cash Passport, which is chip-and-pin protected. You can buy it in the US and then load it up with either Euros or British Pounds. There are a few things to know about this: Right now, it is not available online at the Travelex website. You must purchase it in person at participating Travelex retail locations. I bought mine right downstairs from the Stack Overflow world headquarters! The fees that Travelex charges for foreign currency transactions will take your breath away. I purchased a \u00a3300 card for $547.15, which comes out to a 15% service charge. Travelex will give you better rates if you purchase larger amounts. There is a further 3% fee if you use a credit card (I used a debit card to avoid this). Think long and hard about whether to load it with Pounds or Euros. They charged me 5.5% above the interbank exchange rate to spend my Pound card in Euros. You get two cards, which is very convenient. You can refill the card on the web. Due to the high fees, the Chip and PIN Cash Passport is not a good idea for everyday transactions, for getting cash from an ATM, and certainly not for paying for big-ticket items like hotels. You're going to want to reserve it for purchasing things from those automated kiosks in Europe (especially gas stations, ticket machines in train stations, and toll booths) that will not work with a standard magnetic stripe card. The card worked perfectly buying tickets on the tube in London. I haven't had a chance to check it out in other countries."}
{"_id": "493576", "title": "", "text": "There is a way I discovered of finding the current exchange rate before committing to buy, go to send payments, put in your own second email, pay 1gbp as the amount and it will give you the exchange rate and fees in your own currency, in my case euro, before you have to click on send payment"}
{"_id": "493578", "title": "", "text": "\"If you're willing to do a little more work and bookkeeping than just putting money into the 401(k) I would recommend the following. I note that you said you chose some funds based on performance since the expense ratios are all high. I would recommend against chasing performance because active funds will almost always falter; honor the old saw:  \"\"past performance is no guarantee of future returns\"\". Assuming the cash in your Ally account is an emergency fund, I would use it to pay off your credit card debt to avoid the interest payments. Use free cash flow in the coming months to bring the emergency fund balance back up to an acceptable level. If the Ally account is not an emergency fund, I would make it one! With no debt and an emergency fund for 3-12 months of living expenses (pick your risk tolerance), then you can concentrate on investing. Your 401(k) options are unfortunately pretty poor. With those choices I would invest this way: Once you fill up your choice of IRA, then you have the tougher decision of where to put any extra money you have to invest (if any). A brokerage account gives you the freedom of investment choices and the ability to easily pull out money in the case of a dire emergency. The 401(k) will give you tax benefits, but high fund expenses. The tax benefits are considerable, so if I were at a job where I plan on moving on in a few years, I'd fund the 401(k) up to the max with the knowledge that I'd roll the 401(k) into a rollover IRA in the (relatively) short term. If I saw myself staying at the employer for a long time (5+ years), I'd probably take the taxable account route since those high fund fees will add up over time. One you start building up a solid base, then I might look into having a small allocation in one of my accounts for \"\"play money\"\" to pick individual stocks, or start making sector bets.\""}
{"_id": "493580", "title": "", "text": "I edited in the total annual out of pocket for each level to help illustrate what's going on. Your question makes sense, of course, but it's less a matter of afford vs an attempt to save. The way these plans work is to allow some choice based on your past experience. I can afford any option, but knowing the number of visits we have had in the past, the lowest cost option has the highest premium. A young couple who hardly sees a doctor may choose the highest deductible, risking the potential $3434 extra they may pay in a bad year for the savings of $1016.  Personally, I'd not be able to guess accurately enough to benefit from the middle choices, and can see the two extremes being picked most often."}
{"_id": "493605", "title": "", "text": "In the strictest sense, there are bills,notes, and bonds, named when issued based on their time to maturity. Even though it's called a bond ETF it may have a duration short enough to be made of T-bills, less than a year to maturity.  Simply put, for bonds, risk comes from the duration, time to maturity."}
{"_id": "493626", "title": "", "text": "Thank you sarahmgray for voting on could-of-bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "493638", "title": "", "text": "I think the question relates to the discussion here: http://clarkhoward.com/liveweb/shownotes/2010/10/05/19449/ It was always the case that merchants could discount purchases made with cash.  What wasn't allowed is allowing the merchant to charge extra for credit card transactions (presumably to cover the fees the merchants pay).  These fees usually carry a flat fee per transaction, plus around 2% of the purchase price.  What also wasn't allowed was them to refuse any credit transactions.  People could charge a pack of gum, even if the fees put that transaction in the red. What's allowed according to this new development is different levels of discounting for different credit cards. Somewhat related to this discussion is another development that happened this summer: merchants now have the ability to refuse credit card transactions of less than $10. Here's my feeling on all of this.  I think we'll see merchants imposing minimum credit transaction amounts before we see them monkeying at the 1-2% level on pricing for different types of credit cards.  My feeling is that they'd be wise not to change anything, even though they can.  Refusing transactions (or charging more for others) is going to come as a unpleasant shock to enough people that they may take their business elsewhere."}
{"_id": "493644", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-13/qualcomm-seeks-china-iphone-ban-escalating-apple-legal-fight) reduced by 89%. (I'm a bot) ***** &gt; Qualcomm Inc. filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, the chipmaker&amp;#039;s biggest shot at Apple Inc. so far in a sprawling and bitter legal fight.  &gt; The legal battle started earlier this year when Apple filed an antitrust suit against Qualcomm arguing that the chipmaker&amp;#039;s licensing practices are unfair, and that it abused its position as the biggest supplier of chips in phones.  &gt; Soon after its first legal salvo, Apple cut off licensing payments to Qualcomm.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/768a2x/qualcomm_seeks_china_iphone_ban_escalating_apple/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~227851 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Qualcomm**^#1 **Apple**^#2 **iPhone**^#3 **company**^#4 **patent**^#5\""}
{"_id": "493645", "title": "", "text": "&gt;Now introduce chance by randomly assigning each participant a \u201cluck\u201d score. That score, however, can play only a tiny role in the ultimate outcome, just 2 percent compared with 98 percent allotted to skill. This minor role for chance is enough to tilt the contest\u00a0away from the top-skilled people. In a simulation\u00a0with 1,000 participants,\u00a0the person with the top skill score prevailed only 22 percent of the time.\u00a0The more competition there is, the hardest it is for skill alone to win out. With 100,000 participants, the most skilled person wins just 6 percent of the time. http://www.bloomberg.om/news/articles/2016-09-01/why-luck-plays-a-big-role-in-making-you-rich    https://www.americanprogress.org/issues/economy/news/2006/04/26/1917/understanding-mobility-in-america/ &gt;Children from low-income families have only a 1 percent chance of reaching the top 5 percent of the income distribution, versus children of the rich who have about a 22 percent chance.  -- Children born to the middle quintile of parental family income ($42,000 to $54,300) had about the same chance of ending up in a lower quintile than their parents (39.5 percent) as they did of moving to a higher quintile (36.5 percent). Their chances of attaining the top five percentiles of the income distribution were just 1.8 percent.  Further, children born into the bottom quintile of income have a 42% chance of remaining there and only a 6% chance of making it to the top quintile. For those born\u00a0 in the top quintile it's exactly the opposite: 42 percent remain in the top quintile as adults, and only 6 percent fall down to the lowest income bracket.   I'd imagine folks like you don't like to read so  https://www.mixcloud.com/rationallyspeaking/rationally-speaking-165-robert-frank-on-success-and-luck/"}
{"_id": "493652", "title": "", "text": "&gt; To clarify, I meant the general field of finance and investment banking.  This is still a wide field. Accounting? Product control? Quants? Equity Research? FX Sales? Trading? Compliance? Technology?  I know a sales person that majored in History if that's the kind of quirk you're looking for."}
{"_id": "493660", "title": "", "text": "I talk about this subject on my blog on investing, I share everything that has worked for me personally and that makes sense. I would say the ideal investment would be to continue the entrepreneur route.  Just make sure you have a clear plan and exit strategy. For me it's all about passion, I love blogging about personal experiences with life, money, and anything that affects our lives.  Find something that you would talk about whether you were paid or not and create a business off of it. You'll never work a day in your life because you love it."}
{"_id": "493671", "title": "", "text": "\"i'm absolutely a newcomer in economics and i wish to understand how things work around finance. This is a pretty loaded question. To understand finance, you need the basics of economics. In almost every economics school in the country, you first study microeconomics and then economics. So, we'll start with micro. One of, if not the, most popular books is \"\"Principles of Microeconomics\"\" by Mankiw. This book covers the fundamentals of micro econ (opportunity, supply, demand, consumer choice, production, costs, basic game theory, and allocation of resources) in a clear and effective manner. It's designed for the novice and very easy to read.   Like Mankiw's other book, \"\"Principles of Macroeconomics\"\" is also top notch. There is some overlap in key areas (i.e. opportunity cost, supply, demand, indifference curves, elasticity, taxation) because they are fundamental to economics and the overlap will always be there, but from there the book goes into key macro concepts like GDP, CPI, Employment, Monetary and Fiscal policy, and Inflation. An excellent intro primer indeed.   Now that you have the fundamentals down, it's time to learn about finance. The best resource, in my opinion, is \"\"Financial Markets\"\" by Robert Shiller on Open Yale Courses. I've personally taken Prof. Shiller's class last semester, and the man is brilliant. The lectures cover every single aspect of finance and can turn the complete novice into a fairly experienced finance student. The first lecture also covers all the math required so you don't get lost at any point. Be warned, however, that the course is very deep. We used Fabozzi's textbook \"\"Foundations of Financial Markets and Institutions,\"\" which is over 600 pages deep and we were required to know essentially all of it. Watch the videos and follow the readings and you'll be a finance whiz soon! Financial Markets on Open Yale  And that's your roadmap to what you want. There are other economics books and it's true that the first few chapters of both Mankiw books are largely the same, but that's because any economics course always covers the basics first. If you want to look at other books, Krugman has written some good books as well. Be sure to read reviews because some books are meant for 2nd/3rd year econ students, so you don't want to get a too advanced book. At the novice level, we're interested in understanding the basic concepts so we can master Fabozzi. As for finance books - Fabozzi teaches you all the fundamentals of financial markets so you've got a powerful foundation. From there you can expand to more niche books such as books on investing or on monetary policy or whatever you want. Best of luck!\""}
{"_id": "493676", "title": "", "text": "\"They're over-regulated, but no sifi favors 0 regulation - that's fucking stupid and breaks the \"\"stable\"\" state of competitive universal banking.   But consumers are suffering because the regulations are so fucking stupid and costly. It's a bunch of academia-branded lawyers imposing regulations on 30-50 year bankers. That wouldn't go well anywhere.   Most bankers have different views - Kashkari is a Goldman guy who wants to break all the big banks up into regional competitors. If that happens, your deposits will have a higher return window, but then you actually have a daily risk to your deposits in the name of competition...I mean, fuck that.\""}
{"_id": "493679", "title": "", "text": "Hey! I've just put my take on your question: [What are Derivatives?](http://letslearnfinance.net/2012/06/08/what-are-derivatives/)  Let me know of your thoughts, if you get a chance to read it. I know I haven't covered everything on Derivatives, perhaps not everything our fellow redditors have mentioned - but I kept telling myself it's an introduction to derivatives - not an explanation of everything! :P"}
{"_id": "493707", "title": "", "text": "\"1. \"\"[Threat of Nuclear War Back-Paul Craig Roberts](http://usawatchdog.com/threat-of-nuclear-war-back-paul-craig-roberts/)\"\" by Greg Hunter, published on 10 August 2014: http://usawatchdog.com/threat-of-nuclear-war-back-paul-craig-roberts/      Direct link to the full interview: https://www.youtube.com/watch?v=_lPeeGT8uVI (\"\"Paul Craig Roberts-Flight from Dollar Will Cause Economy to Blow\"\")  2. (a) \"\"[Russian sanctions create surplus of European produce: Russian sanctions have left farmers in Europe high and dry. If they put their produce on EU markets, prices would likely crash. So what is to become of this year's harvest?](http://www.dw.de/russian-sanctions-create-surplus-of-european-produce/a-17857118)\"\" by Sabrina Pabst / tkw, published on 15 August 2014: http://www.dw.de/russian-sanctions-create-surplus-of-european-produce/a-17857118      (b) \"\"[Europe 'shot itself in foot' with Russia sanctions: Hungary PM](http://www.reuters.com/article/2014/08/15/us-ukraine-crisis-sanctions-hungary-idUSKBN0GF0ES20140815)\"\" by Gergely Szakacs, published on 15 August 2014: http://www.reuters.com/article/2014/08/15/us-ukraine-crisis-sanctions-hungary-idUSKBN0GF0ES20140815      (c) \"\"[Rosyjskie embargo bije w polskich przewo\u017anik\u00f3w. Chc\u0105 rz\u0105dowej pomocy](http://www.polskieradio.pl/42/3168/Artykul/1204632/)\"\" by Polskie Radio, published on 17 August 2014: http://www.polskieradio.pl/42/3168/Artykul/1204632/      English translation via Google Translate: [https://translate.google.com/translate?sl=pl&amp;tl=en&amp;u=http%3A%2F%2Fwww.polskieradio.pl%2F42%2F3168%2FArtykul%2F1204632%2F](https://translate.google.com/translate?sl=pl&amp;tl=en&amp;u=http%3A%2F%2Fwww.polskieradio.pl%2F42%2F3168%2FArtykul%2F1204632%2F)   3. (a) \"\"[West's historic drought stokes fears of water crisis](http://www.washingtonpost.com/national/health-science/2014/08/17/d5c84934-240c-11e4-958c-268a320a60ce_story.html)\"\" by Joby Warrick, published on 17 August 2014: http://www.washingtonpost.com/national/health-science/2014/08/17/d5c84934-240c-11e4-958c-268a320a60ce_story.html      (b) \"\"[U.S. Farmers Are Up to Their Ears in Corn](http://online.wsj.com/articles/u-s-farmers-are-up-to-their-ears-in-corn-1408318910)\"\" by Tony C. Dreibus and Jesse Newman, published on 17 August 2014: http://online.wsj.com/articles/u-s-farmers-are-up-to-their-ears-in-corn-1408318910\""}
{"_id": "493711", "title": "", "text": "&gt; A lot more tax is being paid in these periods so government debt is lower because they are getting lots of tax money.  Eh, maybe.  &gt; Also To stimulate the economy into this growth period the government usually sells off large cash bonds (lowering their debt) to release cash into the economy...  You are confusing the Federal Reserve with a government agency."}
{"_id": "493720", "title": "", "text": "Commercial carpet cleaning is a specialised area and should be viewed as a priority as it is often one that can improve the presentation of your business instantly. Alongside this daily dirt, stains and wear of carpets can cause problems for employees suffering with allergies so the eradication of airborne dust and bacteria will be beneficial for business owners and their employees alike."}
{"_id": "493725", "title": "", "text": "I wouldn't buy banks personally for the following reasons:  * Secular declines in trading revenue - this is a big part of bank income. We are at an all time low in volatility for the year (like EVER), and with active investing being proven not to be as profitable as buy-and-hold and passive investing (I.e. ETFs), trading may never return to its former glory.   * fintech firms and blockchain technology - these are big, big deals. If an algorithm can do financial analysis better, raise money cheaper, and improve security better, then banks will lose a lot of purpose and heavy bargaining power for fees. This is certainly on the horizon and will affect banks.   * low growth - the US consumer is not making more money, and S&amp;P says companies are now leveraged at levels since before the recession. The point is I don't think there will be a large renewed credit cycle of heavy borrowing anytime soon as everyone is tapped out."}
{"_id": "493746", "title": "", "text": "Here's my attempt, without talking about apples or anything:  Essentially, the 'money supply' is determined by the central bank, since they are the issuers of money. You can read on your US dollars that they are issued by the federal reserve. An excellent measure of the money supply is NGDP, since this is the number of dollars traded every year (that sort of quantifies how many dollars are available to be captured by working, trade, etc.). Unfortunately, in 2008, the US Fed decided to adopt an ultra-tight monetary policy, resulting in a severe drop-off in NGDP relative to previous trend (the worst since the Great Depression, graphs here: http://marketmonetarist.com/2012/06/19/guest-post-measuring-the-stance-of-monetary-policy-through-ngdp-and-prices-by-integral/)  It does not look like it will ever recover to the previous trend, so the money supply is much smaller than people would have expected before 2008. In theory, the nominal value of money shouldn't matter in the long run. However, since people before 2008 signed contracts (read, 30-year mortgages) anticipating a much higher aggregate money supply, this has triggered a shortfall in demand ever since, which has left our economy in the tank."}
{"_id": "493752", "title": "", "text": "The union that I used to belong to provided a similar service for $20/year. If you can make money selling such a plan, it's probably overpriced."}
{"_id": "493755", "title": "", "text": "\"&gt;If we adopt an all-together conservative approach and control FDP at \\gamma \u03b3= 1% (i.e., we accept one per cent of lucky discovery among all discoveries on average or in our sample), we reject all the two million strategies.  I'm impressed that they would release this, as people are often dissuaded from releasing a negative result (\"\"we tested whether X was causing the decline in bee populations, we found it probably wasn't.\"\"). Very important to know though.\""}
{"_id": "493768", "title": "", "text": "For those wondering who voted for it (Yea vote being to disallow consumers to sue): &gt; It passed the House on July 25 231-190, split right down party lines except for one defecting Republican who voted nay with the Democrats. In the Senate, it was split 50/50, with two Republicans \u2014 Louisiana\u2019s John Neely Kennedy and South Carolina\u2019s Lindsay Graham \u2014 joining the Democrats with nays. The VP broke the tie and the Joint Resolution passed shortly before 10PM Eastern time. The Monopoly Man was not present."}
{"_id": "493780", "title": "", "text": "This coming from the LA times is almost funny, and also quite sad. You guys are going away the same as the oil monopolies. Please just go quietly. Your like the old drunk prostitute who remembers what it was like in the good ole days."}
{"_id": "493785", "title": "", "text": "Sounds like they need to tighten the regulation around that and specify how long one can be off and tie that to further employment. In other words, you can't go off and come back to just quit, but need a specified time off, and a specified time back on the job. Beyond entry level, can't you hire contract workers for the interim? Surely the UK has temp agencies for just this sort of thing."}
{"_id": "493792", "title": "", "text": "The legalization of Cannabis will drastically alter supply and demand of cannabis and hemp. The distribution channels that work well for hemp may or may not work well for cannabis and may or may not continue to work well once cannabis is widely available. Companies may have avoided sponsoring hemp products because of it's association with marijuana.   If Marijuana is made legal, that stigma may or may not go away, changing which companies are interested in distribution. I don't believe that legalizing cannabis will create a great investing opportunity into existing hemp producers."}
{"_id": "493797", "title": "", "text": "I have a sophisticated theory as to why diners are dying: diners aren't very good and aren't very cheap. There is zero reason to choose a diner over numerous other fast-casual options like Dos Toros, Sweetgreen, Glaze, Cava, or a thousand others, which are cheaper, faster, tastier, and (if you skip the bread-like products) better for you."}
{"_id": "493798", "title": "", "text": "\"&gt;We should be doing everything we can, as a country, to educate our citizens for these higher level jobs and promote entrepreneurship and growth of new industries to generate jobs. That is how we can get everyone employed.   Not everyone *can* be a computer programmer or a geneticist.  You're talking about \"\"dead weight\"\" from a basic income program or \"\"dead weight\"\" hiring.  Take your pick.\""}
{"_id": "493813", "title": "", "text": "&gt;How is the government paid for these things? How is this handled without taxes? Are you suggesting that the people pay for all of this because they supposedly derive all the benefit while the businesses supposedly derive none from infrastructure.  I'm not advocating no taxes whatsoever.  &gt;Yes public roads may not be restricted by entities except in safety measures and compliance with DOT regulations. It is illegal for company A to blockade or otherwise make unavailable a public road to keep company B or the general public from using it. These type of rules also apply to communication lines and power infrastructure and are designed to decrease duplication and ensure that selected infrastructure is appropriate for the area.  I think you misunderstood what I was trying to say. I'm trying to say, you don't have a right to a paved road wherever you want to go. That's not a government protected right."}
{"_id": "493819", "title": "", "text": "Welcome to GreyWhale Sushi &amp; Grill. We give the best Asian food in the United States. If you want to online order Asian food, Then you can visit our company website. We provide the best food services and online booking for the birthday, Japanese food, and restaurant in Lincoln NE. The GreyWhaleSushi&amp;grill is the region\u2019s leading Asian food that celebrates the experience with the added touch of global flavor. It believes in celebrating function the rich history and story behind the most beloved Asian cuisine and continues to grow its library of originally produced Asian food, Birthday dinner and happy hour in Lincoln NE."}
{"_id": "493822", "title": "", "text": "My first thought was that it must be due to inflation, which causes such differences in many cases since a creditor needs to make back more than the rate of inflation in order not to effectively lose money. But it seems that Paraguay currently has only a very modest rate of inflation, about 3%. Other possible reasons for different credit rates: The latter is most likely. It means that if debtors are generally poor and are often completely unable to pay back the loan, or if there is no effective way to force uncooperative debtors to pay (e.g. when there are weak laws or overworked courts), then creditors will lose a lot of money to defaults and have to raise rates to compensate for this."}
{"_id": "493838", "title": "", "text": "\"Hiring outside the union is considered union breaking and is against federal law.  In my state, teachers can select not to be a union member, but they have to still pay 75% of the dues.  The underlying \"\"logic\"\" is that they benefit from the union doing the negotiations.  Most teachers opt to pay the extra 25% and have the vote.  It depends on the state.  That's what all the recent discussion about \"\"Right to work\"\" states is about.  People wouldn't have to join the union and still pay union dues.\""}
{"_id": "493841", "title": "", "text": "Yeah but that's my point it's irrational and frankly foolish. I'm pointing out the logical flaw when Floyd talks about how he makes smart investments. He wants a good return on his strip club but will burn millions by not investing in the market?"}
{"_id": "493872", "title": "", "text": "As a resident of New York State you will, in addition to the Federal income tax handled by the IRS, be responsible for state and local income taxes. For New York the state tax forms are also used to determine your New York city tax. If HR was either not aware of the local tax requirement for New York or you filled out the New York State version of the W-4 incorrectly you may have had too little tax withheld for New York state. The refund from the IRS is not dependent on the refund/owe status for state and local taxes. It is possible that your state taxes are fine but that you owe taxes to the city. That tax you owe to the city will reduce the refund from the state and may require you to pay money to New York. Of course if you do itemize, what you pay to the state and city may result in deductions on your federal form. If you owe back taxes to the state or local government this could result in the IRS seizing a federal refund, but that doesn't happen right away."}
{"_id": "493898", "title": "", "text": "&gt;  I think the real question is why do businesses view taking care of their employees as a bad thing?  Because if an employee doesn't generate 12 grand in profits for the company its hard to justify spending 12 grand each year on health care for that employee? (And, yes, I checked that number just now: for me to get health care for myself and my family costs $12,000 per year plus co-pays and deductibles)"}
{"_id": "493900", "title": "", "text": "Think about your priorities in life.  Everybody is a little different.  In my case I have a wife and child, so these are priorities for me, and you might have your own depending on your story. So if I lost my job, and I have no more money coming in (unemployment insurance runs out, savings depleted) then the bank can have the house.  I personally would probably drop the house long before it came to that point. The first thing you do is talk to your creditors and work out a deal.  At the same time I would stop paying for ALL unnecessary things (cable TV, extra cell phones, automobiles, leaving light bulbs on and turning the heat up over putting on a sweater).  If I can't get a good deal from the creditors, I would stop paying the mortgage, find a place to live (family, friends, cheap apartment) while the credit is still good. My advice is to get yourself setup while your credit is good and you have SOME money in the bank.  Waiting until the bank decides to foreclose is probably going to make your harder."}
{"_id": "493902", "title": "", "text": "The thing about this, is that it isn\u2019t one or two big decisions. It\u2019s the thousands of smaller decisions.  It\u2019s the choice not to fund cost saving projects because spending cash looks bad this second. It\u2019s not filling critical individual contributor roles and having too many levels of management.  I can give you plenty of examples that show death by 1000 cuts but I think the best example is this:  Internal projects (in general) need to be completed within the same calendar year. Any money that you do not spend in 2017 will not be there for you in 2018. So there is a mad rush in the beginning of the year to spend money and by September all the cash has been used up. Productivity takes a big hit and a significant amount of effort is spent jockeying for next years funding.   GE is a financial company that makes things. It\u2019s run by accountants not by logic."}
{"_id": "493903", "title": "", "text": "Lanterncove is an Australian brand of soy candles and diffusers. We have 7 collections with 30 fragrances and growing. Candle range in sizes 14.5oz/13.5oz/13oz/11.5oz/8oz/5.5oz/3oz/4.5oz. We also have 4oz diffusers that last up to 4 months. Most of our vessels can be repurposed/upcycled."}
{"_id": "493917", "title": "", "text": "&gt; In total: http://www.epa.gov/climatechange/images/ghgemissions/GlobalGHGEmissionsByCountry.png  You just proved my point. China which has way more people and way more poor people accounts for more CO2 than the US does. The lower hanging fruit, CO2-wise is improving the lives of the poor to reduce their CO2 output."}
{"_id": "493936", "title": "", "text": "&gt;The entire world came together and agreed America should be fined for its over indulgences or success, pay for the bulk of the costs, give all the power and control over to a foreign leader most likely one from an impoverished country. Allow China and India to decimate their environment while reaping all the benefits of manufacturing without an environmental restrictions. Allow foreign companies such as American companies to get obscene tax benefits by relocating to China or India, replacing American workers with foreign locals.  This completely 100% false. Care to cite your sources? Don't worry, I'll wait...  &gt;Of course the world wants this- as do liberals. Liberals saddled with guilt hating free enterprise and constantly being  in search for a new cause to make them feel good about them selves. Moral superiority. Climate change fits the bill. Sound fair ?  Of course that strawman narrative doesn't sound fair, you constructed it specifically for that purpose without any working understanding of what Paris Agreement actually is..."}
{"_id": "493939", "title": "", "text": "It's a question of the type of globalisation, not the 'globalisation' in itself. Functioning democracies are bottom up affairs. Evolution is an essential and fundamental element of The Enlightenment and functioning democracy is one such manifestation. Top down affairs do not support evolution - they make the problems systemic and endemic and rot from within.  The Enlightenment produced our fantastic wealthy modern technological society. One of the fundamental principles of the Enlightenment is evolution - in all respects - whether this be business, political or social. Fundamental to this is :-  1) a bottom up environment that supports the basic principles of evolution (personal, commercial, local and national, cultural etc... ) :-  i) many low cost successes - capitalised on.  ii) many low cost failures - lessons learned. Also - problems are sorted at source (they don't become systemic and endemic).  iii) diversity (not sameness).  iv) constructive competition (localisation) - eg. countries, states, companies, people competing against each other.  2) the promotion of personal and societal capital - strength and quality of morality and character, education, skills and abilities, culture; traditional nuclear and extended families; national - societal - capital - culture. Self responsibility.  3) Conservatism - as per the 3 pillars of conservatism :-  i) socially conservative - traditional marriage - provides stability.   ii) economically liberal - bottom up democratic capitalism, freedom of thought, freedom of speech - allows evolution.  iii) law and order - fairness and justice, honesty, stability and integrity."}
{"_id": "493952", "title": "", "text": "No you dont need to take your car to DMV, They will send you the number plate and registration sticker to your home address.  Dealer would have already charged you for that, he will send all the information to DMV and the temporary plate is also created through DMV only."}
{"_id": "493963", "title": "", "text": "Interest rates are market driven. They tend to be based on the prime rate set by the federal reserve bank because of the tremendous lending capacity of that institution and that other loan originators will often fund their own lending (at least in part) with fed loans. However, there is no mandatory link between the federal reserve rate and the market rate. No law stipulates that rates cannot rise or fall. They will rise and fall as lenders see necessary to use their capital. Though a lender asking 10% interest might make no loans when others are willing to lend for 9%. The only protection you have is that we are (mostly) economically free. As a borrower, you are protected by the fact that there are many lenders. Likewise, as a lender, because there are many borrowers. Stability is simply by virtue of the fact that one market participant with inordinate pricing will find fewer counterparties to transact."}
{"_id": "493965", "title": "", "text": "\"It sounds like a great opportunity, but like any opportunity you need to do your research and give it a thorough evaluation. Although the current owner may be your friend, don't let emotion get in the way of a fair and honest assessment.   Some general things you need to consider:  Past financial data of the pizza restaurant - if you are going to invest, you want your investment to pay off and to be profitable. What are the historical earnings?If you take management of the pizza restaurant are there things you can do to cut costs/increase profits?   Understand the competition that is around the area, does your pizza restaurant have a competitive edge that will enable to succeed in another location?    Do you enjoy working there? Would you enjoy working there more than the prospective work you would do as a welder?   Finally if you want to invest, what kind of investment structure? What are your rights as a shareholder? What is your ownership stake? What happens in the case of share dilution? Going back to financials, how long do you estimate conservatively that you will be able to make back the principal investment.  Now referring to your other question of \"\"is it worth the risk to give up guaranteed money\"\"...  It is harder and harder for younger people like you and I to depend solely on fixed salary jobs. If you want financial success, you want to build assets for yourself that generates income without you expressly there recording your hours on a time-card.   No money is ever guaranteed. There are many risks associated with a person's whose only source of income is from his day job.   Finally, you don't necessarily have to put up the investment with your own money and give up school. You could look for other investors or take a loan on the business to open a new store. There's nothing wrong leveraging debt - it will help you save tax money.   Anyways I'm glad you've found this opportunity. Remember to always think big but be smart about it too!   P.S. If you want to pm me any specifics for me to look at in terms of financials or legal stuff I'd be more than happy to help a brother out.\""}
{"_id": "493982", "title": "", "text": "You are doing great! Congratulations. Check out the Dave Ramsey Baby Steps.  He has advice for exactly your situation. The book Financial Peace covers the topic in detail.  You have an Emergency Fund which is Step 3.  Step 4 is investing 15% for retirement in 401k and similar.  Step 5 is funding college if you have children. In Step 6, he advises putting any extra money towards the principle on your home.  Owning your own home outright is a better goal than investing the money at a higher interest versus your mortgage interest rate. After your are completely debt free, then you can invest and give generously which is Step 7. Answering your question, push your emergency fund to 6 months, bump your retirement saving to 15% and put any extra money to your mortgage."}
{"_id": "494000", "title": "", "text": "Yes, you will be able to claim it as an expense on your taxes, but not all in the current year. It is split into three categories: Current Expenses - Assets purchased such as inventory would be able to be claimed in the current year.  Assets - Vehicles, Buildings, and equipment can be depreciated over time based on the value you purchased them for and the CCA class. Goodwill - In tax terms this is the value of the business purchase that is not eligible in 1 or 2 and is called Eligible Capital Property. This can be expensed over time.  From info at CRA website: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/lf-vnts/byng/menu-eng.html"}
{"_id": "494023", "title": "", "text": "I understand your point, but at the end of the day the CEO does know why businesses like his aren't doing well and yet they are still unable to be competitive. That is one of the cornerstones of capitalism, so as entitled as it sounds (I personally don't think it's entitlement) they actually do need to change their entire business model or die and start over. That's a sad fact, but you can't be upset that people generally have less money to spend these days."}
{"_id": "494027", "title": "", "text": "Off the top of my head I can think of 10 prop shops in Chicago that don't require any sort of certifications.  Most those certification requirements are there only when you are managing outside investor money. I was under the impression you are just trading the firm's capital, not outside investor capital, which is why I asked (which, to me, is the definition of a prop shop.)"}
{"_id": "494034", "title": "", "text": "I am a Certified Financial Planner and provide tactical advice on everything from budgeting to saving for retirement. You do not have to have any series exams or a CFP to do this work, although it helps give you credibility. As long as you DO NOT provide investment advice, you likely do not need to register as an investment advisor or need any certification."}
{"_id": "494053", "title": "", "text": "Bond prices move inversely to their yields.  So when you sell bonds and create a supply side deluge, bond prices will fall.  Since bond prices are falling, yields go up.  (The dollar amount that the bond pays out is the same.  It's simply that since the bond price has fallen, that dollar amount paid out expressed in percentage terms of the bond price has risen)."}
{"_id": "494054", "title": "", "text": "\"Yes, but the lab meat will be either \"\"beef\"\", \"\"chicken\"\", \"\"turkey\"\", etc, grown from original beef, chicken and turkey sources.  But soon after lab meat is introduced, people would prefer \"\"hibachi meat\"\" which is meat grown with the taste of hibachi.  Food for humans is just sugars, fat, proteins, some minerals and some vitamins.\""}
{"_id": "494093", "title": "", "text": "College (and specifically student loans) are a bubble that's going to burst. You take kids with no earning potential, give them a little bit of earning potential, and slap on $60,000 of debt with 12% interest and think it'll all be cool?"}
{"_id": "494102", "title": "", "text": "Don't underestimate the degree to which it seemed like Microsoft essentially *was the entire computer industry* in 2000. Apple's comeback was only understood by a few of us, the smart phone market didn't exist, and Microsoft Office and networking solutions were dominating almost everything they competed in. Hell, Internet Explorer was even considered the final word in browsers at the time (Firefox was two years off). Betting on Microsoft in 2000 was like betting on computers - assuming computers were a growth market (and even after the .com bubble, no one really expected computers in general to do anything but grow) then Microsoft was going to grow.   Point is, Microsoft in 2000 was the king of the technology world to a degree that is hard to appreciate in 2014. They were beyond dominant - they were God."}
{"_id": "494116", "title": "", "text": "Suing is a legitimate option as well as screening your calls but here's another idea which has personally worked and relates to the collections I did for awhile.  Talk with the collector.  Outstanding debt gets sold many times and each time a new collector gets their hands on an account they do their due diligence which means calling every single number multiple times.  Collectors a looking for consumers who actively evade collections calls for years. My recommendation is to use logic and explain the situation.  Give your first name and describe when you received the phone number and then ask a simple question.  When in the last 3 1/2 years have you or any collector had a successful hit from this number.  They'll respond never in 3 1/2 years.  The collector notes the account for themselves and future collectors.  Debt collectors are about about making money, not wasting time and they do review all notes pertaining to an account.  Will it work?  Maybe not but hopefully it will stop the calls with a short conversation.  Good luck."}
{"_id": "494138", "title": "", "text": "I've thought of the following ways to hedge against a collapsing dollar:"}
{"_id": "494148", "title": "", "text": "My figuring (and I'm not an expert here, but I think this is basic math) is: Let's say you had a windfall of $1000 extra dollars today that you could either: a. Use to pay down your mortgage b. Put into some kind of equity mutual fund Maybe you have 20 years left on your mortgage.  So your return on investment with choice A is whatever your mortgage interest rate is, compounded monthly or daily.  Interest rates are low now, but who knows what they'll be in the future.  On the other hand, you should get more return out of an equity mutual fund investment, so I'd say B is your better choice, except: But that's also the other reason why I favour B over A.  Let's say you lose your job a year from now.  Your bank won't be too lenient with you paying your mortgage, even if you paid it off quicker than originally agreed.  But if that money is in mutual funds, you have access to it, and it buys you time when you really need it.  People might say that you can always get a second mortgage to get the equity out of it, but try getting a second mortgage when you've just lost your job."}
{"_id": "494153", "title": "", "text": "Often the main concern with PhDs in business is taking too long to get results. So if they give you an opening you could talk about what you know of their strategy and  like to get practical results quickly, unlike academia."}
{"_id": "494156", "title": "", "text": "Credit scores, or at least components of them, can sometimes factor into how much you pay for car insurance. Source: Consumer Reports: How a Credit Score Increases your Premium"}
{"_id": "494166", "title": "", "text": "If you are concerned about it being inequitable due to the prenuptial agreement, discuss the idea of amending the prenuptial agreement to give you some consideration for your investments in the house. Prenuptial agreements often get amended over the course of a marriage.  How do you proceed? It has to start with discussion. It's not an unreasonable concern given your legal separation of assets, so broach the subject and go from there. Perhaps you'll find there's a good reason for you to invest in the property even without having interest in it, who knows."}
{"_id": "494167", "title": "", "text": "While more traditional jobs have played a larger role in growth than green jobs From the article so its mostly been traditional jobs rather then green jobs.  Also if were going with clean power then Oregon already has California beat. We have one coal plant in Oregon and the other power comes from renewable sources such as water and air. However its still good that California has gotten more jobs and its trying to cut down on pollution."}
{"_id": "494171", "title": "", "text": "Bloomberg Professional seems to be very popular. It provides any kind of data you can imagine. Analysis is a subjective interpretation of the data."}
{"_id": "494175", "title": "", "text": "I explain things in detail and with as much clarity I can muster without using buzz words.  I have publicly disagreed with pretty much every ideology at this point. Just because you disagree with my position does not make me partisan or biased against the truth."}
{"_id": "494186", "title": "", "text": "You sold a call, I trust? I bought a call. I have the right to exercise at my will. No sense if out of the money, of course, but if in the money, I might want to capture a dividend or just start the clock for long term gains. Once I exercise, you have no option (pun intended) but to let it go.  The assignment is notification, not a request for permission."}
{"_id": "494193", "title": "", "text": "Audio visual service is an attractive method to organize a successful event. This thing also applies in the presentation of a business, and in the method of teaching, the smart class teaching is more effective than normal teaching. The success of any business depends on effective presentation and events."}
{"_id": "494195", "title": "", "text": "What makes you think anything would change? If they allowed Match money to be distributed tax free, they are missing out on a future tax revenue opportunity.  I think the more likely way they would stick it to us is to sunset the Roth 401(k) all together and make plans go back to the old school pre-tax and after-tax only, where even the earnings on after-tax are taxed at distribution."}
{"_id": "494199", "title": "", "text": "Automation in itself is not a problem; it produces an increase in productivity. Almost all of this gain has gone to shareholders and CEOs, where in the post-war boom it went to workers, lifting millions into the middle class. Had that continued, we could easily have four-day work weeks now with the same standard of living. Instead, the middle class has been in decline for decades while the rich get much richer."}
{"_id": "494206", "title": "", "text": "Right. Well drones are part 1 of 2 of their strategy. They drop off the shampoo and/or underwear you just ordered. That desk you bought is going to come via automated trucking with a guy in the back to drop it off at your door. Who knows what that looks like by 2030 when it's completely automated and a robot climbs out of the back, drops the box off at your door, climbs back in, and the truck drives off. This isn't science fiction, it's happening in real time."}
{"_id": "494211", "title": "", "text": "Of course, I know nothing about real estate or owning a home. I would love to hear people's thoughts on why this would or would not be a good idea. Are there any costs I am neglecting? I want the house to be primarily an investment. Is there any reason that it would be a poor investment?  I live and work in a college town, but not your college town. You, like many students convinced to buy, are missing a great many costs. There are benefits of course. There's a healthy supply of renters, and you get to live right next to campus. But the stuff next to campus tends to be the oldest, and therefore most repair prone, property around, which is where the 'bad neighborhood' vibe comes from. Futhermore, a lot of the value of your property would be riding on government policy. Defunding unis could involve drastic cuts to their size in the near future, and student loan reform could backfire and become even less available. Even city politics comes into play: when property developers lobby city council to rezone your neighborhood for apartments, you could end up either surrounded with cheaper units or possibly eminent domain'd. I've seen both happen in my college town. If you refuse to sell you could find yourself facing an oddly high number of rental inspections, for example. So on to the general advice: Firstly, real estate in general doesn't reliably increase in value, at best it tends to track inflation. Most of the 'flipping' and such you saw over the past decade was a prolonged bubble, which is slowly and reliably tanking.   Beyond that, property taxes, insurance, PMI and repairs need to be factored in, as well as income tax from your renters. And, if you leave the home and continue to rent it out, it's not a owner-occupied property anymore, which is part of the agreement you sign and determines your interest rate. There's also risks. If one of your buddies loses their job, wrecks their car, or loses financial aid, you may find yourself having to eat the loss or evict a good friend. Or if they injure themselves (just for an example: alcohol poisoning), it could land on your homeowners insurance. Or maybe the plumbing breaks and you're out an expensive repair. Finally, there are significant costs to transacting in real estate. You can expect to pay like 5-6 percent of the price of the home to the agents, and various fees to inspections. It will be exceedingly difficult to recoup the cost of that transaction before you graduate. You'll also be anchored into managing this asset when you could be pursuing career opportunities elsewhere in the nation. Take a quick look at three houses you would consider buying and see how long they've been on the market. That's months of your life dealing with this house in a bad neighborhood."}
{"_id": "494233", "title": "", "text": "December, 5, 2011 ( 03:00pm ) :-  All markets including stocks &amp; Commodities are moving towards upward direction on the strong cues comes on the expiring today.  Little bit Volatile comes over the settlement in MCX today. Gold &amp; Silver contracts are expiring today.  Dow Jones Industrial average future up by80 points from the optimism coming from the European Countries.  All European Countries getting financial aid from the side of IMF which is provided through the European Central Bank.  Nifty have strong resistance at 5150 levels  under this level  short term trend still bearish side.  Gold have strong support at Rs 28960 above this trend bullish under this trend down for short term."}
{"_id": "494236", "title": "", "text": "Firstly doing a regression on prices is never significant because of scaling. The price of the SP500 has no relation to the vix. The returns of the SP500 are related to the vix and most base models incorporate some function on SP500 returns. More specifically, sampled volatility of the SP500 is related to the vix. The price should have no relation at all."}
{"_id": "494258", "title": "", "text": "Same here, I am pulling for Fasten to take over - but so far it's only Boston and, I think, Austin. They only skim a dollar and the driver keeps the rest. Most drivers have to use more than one app because of low adoption, though :/"}
{"_id": "494264", "title": "", "text": "To qualify as a woman owned business, a woman or group of women must own shares worth 51% of the business. If your investor was a woman, the entire 5% could come from her share of the company without affecting the 51% ownership requirement. Could you find a woman to add as an investor? If you each had your shares diluted 5%, She would be down to 48.45% ownership, and you would be down to 46.55% ownership. The only way for you to get back to a 51% female ownership situation would be to give a 2.55% ownership stake (from your share) to a wife, sister, mom, girlfriend, or any other woman who you think should benefit from this arrangement. This would still put you down at 44% (effectively taking the whole 5% from you) but by giving some of your share to someone else, it does require your partner to make some of the sacrifice, while still benefiting someone you care about (if you have someone you would like to give that benefit to). In summary, this is what it would look like:"}
{"_id": "494272", "title": "", "text": "Here in the DC area, we have MetroAccess, which is subsidized by WMATA (the organization that runs DC's Metro and Metrobus system) and offers rides to disabled folks almost like a personal taxi service.  If New York doesn't have something like that now, if they're willing to pay for it, they could implement a public option to address any possible failure in the private market if companies like Uber are unable to do it."}
{"_id": "494280", "title": "", "text": "It's for the benefit of the bank, certainly.  You might consider it a convenience to write one check, but it comes at a cost. Your cost of money is the interest you pay on the most costly loan you carry. But the escrow account will usually get a low rate of interest, 1% or so today.  Also, as I describe in an article titled Fun With Schedule A there's a strategy for those who straddle the line between itemizing and taking the standard deduction. Paying your own tax allows you to pay as much as 6 quarters of property tax in one year and then just two quarters in the next. This opens up a biannual itemizing and a savings on your tax return."}
{"_id": "494283", "title": "", "text": "\"Congrats to your GF!  \"\"How much\"\" depends a lot on how stable her income tends to be. If she has stable salary @ $20K plus $5K-$15K in contract work, then having a larger EF is important. If she has a consistent track record of pulling in $35K each year with contract work, then she may still need a somewhat higher emergency fund to tide her over between gigs.  The rule of thumb is at least 3 months' expenses before you start investing for better returns. If she is reliant on contract work, then holding up to 6 months' expenses could be wise just in case she hits a slow patch with work.  After that emergency fund is covered, she can look at investment opportunities with varying levels of risk & return:  I would also recommend putting it down in writing \"\"why\"\" she's investing/saving. Is she saving up for an awesome vacation? Maybe that's why she really is so far above a normal EF. Does she want a new car? Maybe there's not really so much to spare. Bottom line: Assuming her monthly expenses are around $2K per month, she might have $4,000 to $5,000 that she could look to start investing \"\"safely\"\".\""}
{"_id": "494285", "title": "", "text": "I will expand this to 401K's, 403B's, and the federal retirement program.  There are 3 things to worry about when trading: The tax friendly retirement programs will remove the worry about taxes. Most will reduce or eliminate the concern about transaction fees. But some programs will limit the number of transactions per month. In the past few years the federal program has cracked down on people who were executing trades every day. While employees are able to execute trades without a fee, the costs related to each transaction were being absorbed into the cost of running the program. To keep the costs down they limited the number of transactions per month. Some private programs have limited the movement of money between some of the investment options."}
{"_id": "494295", "title": "", "text": "There are a couple of things you could do, but it may depend partly on the type of orders your broker has available to you. Firstly, if you are putting your limit order the night before after close of market at the top of the bids, you may be risking missing out if bid & offer prices increase by the time the market opens the next day. On the other hand, if bid & offer prices fall at the open of the next day you should get your order filled at or below your limit price. Secondly, you could be available at the market open to see if prices are going up or down and then work out the price you want to buy at then and work out the quantity you can buy at that price. I personally don't like this method because you usually get too emotional, start chasing the market if prices start rising, or start regretting buying at a price and prices fall straight afterwards. My preferred method is this third option. If your broker provides stop orders you can use these to both get into and out of the market. How they work when trying to get into the market is that once you have done your analysis and picked a price that you would want to purchase at, you put a stop buy order in. For example, the price closed at $9.90 the previous day and there has been resistance at $10.00, so you would put a stop buy trigger if the price goes over $10, say $10.01. If your stop buy order gets triggered you can have either a buy market order or a limit order above $10.01 (say $10.02). The market order would go through immediately whilst the limit order would only go through if the price continues going to $10.02 or above. The advantage of this is that you don't get emotional trying to buy your securities whilst sitting in front of the screen, you do your analysis and set your prices whilst the market is closed, you only buy when the security is rising (not falling). As your aim is to be in long term you shouldn't be concerned about buying a little bit higher than the previous days close. On the other hand if you try and buy when the price is falling you don't know when it will stop falling. It is better to buy when the price shows signs of rising rather than falling (always follow the trend)."}
{"_id": "494306", "title": "", "text": "No.  It means each month the total amount you owe goes up by a factor of (1+0.298/12).  So if you owed $23K at the beginning of the month, at the end you owe a total of 23K*1.0248=$23,571.  Then subtract the $804 you are paying.  If you want to think of it in terms of interest and principal, you are paying $571 a month in interest and 233 toward principle, I guess. Paying off debt with a lower interest rate using debt with a higher interest rate is throwing a lot of money away and impoverishing yourself needlessly.  Psychology can't get around that.  If you want a psychological aid, decide how much you are going to pay toward these debts and have it automatically deducted from your paycheck so you never see it. Make the minimum payment on every debt you have except the one with the highest interest rate.  Pay the very most you can toward that.  Then when it is paid off, move to the next highest.  Do all your spending out of the lowest rate card, or avoid using these credit cards until your financial discipline and resources allow you to pay all credit cards off completely at the end of each month."}
{"_id": "494323", "title": "", "text": "\"this is a bit unusual, but not unheard of. i have known more than one car whose owner was not its driver.  besides the obvious risk that the legal owner of the car will repossess it, this seems fairly safe.  your insurance should cover any financial liability that you incur during an accident.  even if the car is repossessed by the owner, you are only out the registration fees. i would suggest you avoid looking this gift horse in the grill.  her father on the other hand might be in for some drama and financial mess if he has a falling-out with his \"\"friend\"\". this arrangement reminds me of divorces where one spouse owns the car, but the other drives it and pays the loan.  usually, when the relationship goes south, one spouse is forced to sell the car at a loss.\""}
{"_id": "494336", "title": "", "text": "Remitting means paying, and entity means organization, such as a company, partnership, government department, etc.  Remitting entity is legalistic jargon used to refer to an organization that is sending money somewhere.  Why it is sending money and to whom is not implicit in the term, but depends on the larger context of the usage of the term."}
{"_id": "494340", "title": "", "text": "&gt;*It's a reminder that you can't suspend the laws of economics. You can't print money to pay for things without creating inflation. And you can't stop that inflation just by saying you want it to. But not only will this magical thinking fail, it will also create new and even worse problems like shortages.*  &gt;*Capitalism is the worst economic system except for all the others.*  Cross-post from /r/MAConservative"}
{"_id": "494351", "title": "", "text": "\"Other than the brokerage fee you should also consider the following: Some brokerages provide extra protection against the these and as you guessed it for a fee. However, there could be a small bonus associated with your trading at scale: You are probably qualified for rebates from the exchanges for generating liquidity.  \"\"Fees and Credits applicable to Designated Market Makers (\u201cDMMs\u201d)\"\" https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf All in all, I will say that it will be really hard for you to avoid paying brokerage fee and yes, even Buffet pays it.\""}
{"_id": "494353", "title": "", "text": "Still a tough sell when the banking sector is so underwater. IDBI reported that 20% of their loans were non performing. Think on that, 1 in 5 loans are probably going to default and need to be written off. While it's the extreme case, the NPL ratio for the public banks is about 10% which is an insane ratio.  This isn't an issue that's going to go away, the government says they want to consolidate but that just means you're forcing a bad bank to merge with a bank that's even worse off."}
{"_id": "494394", "title": "", "text": "That's interesting. So Spain could be back in crisis mode if a crisis were to occur in Latam?  The difference is quite large so it must mean Spain owns a heck of a lot of foreign assets producing significant returns relative to their GDP..."}
{"_id": "494410", "title": "", "text": "From personal experience (I financed a new car from the dealer/manufacturer within weeks of graduating, still on an F1-OPT):"}
{"_id": "494417", "title": "", "text": "No is and should be the standard answer. When your vacations have been planned ahead, why didn't the money saving start ? You should treat it as a punishment and forgo your vacation. But human beings aren't always that sensible so we go for plan B. Did you purchase your tickets/hotels or anything ? If yes, then check out the cancellation charges. Does the cancellation charges exceed the borrowing amount, then probably borrow and go on a vacation. But you should also consider, how the borrowed amount is to be paid. Is it within your means and your timeframe ? Does paying back the amount now, hamper your next vacation plans or other required spendings ?"}
{"_id": "494438", "title": "", "text": "I want to know too. Outside of the stock market there could be a lot of assets that aren't being supported as well as stocks by the US government. If that's the case we could be seeing another signaller showing the poor shape of the economy."}
{"_id": "494439", "title": "", "text": "This is not shocking news actually. Nothing happened to these banks that made them lose their ratings. Rather, it's the rating agencies that have set up more strict rules, especially when it comes to triple A status.  Specifically, it's no longer possible that banks or similar institutions can have a triple A status.This effectively means that only the richer countries can be triple A."}
{"_id": "494441", "title": "", "text": "\"So is it better for people to be jobless vs. make this min wage? I am not being an asshole, because I do agree that it is impossible to live off that kind of wage and it should be a temporary job and not a sustainable one. I am just curious to what people who think \"\"something has to break to get it fixed\"\" would say\""}
{"_id": "494458", "title": "", "text": "Wow. People with mortgages could at least get a foreclosure and ~~walk~~ limp away. Now there are legions of people with debt on the same order of magnitude that are chained to it for life.  Feeling the tension of that bubble yet?"}
{"_id": "494481", "title": "", "text": "\"We need some patent protection. For instance, I would support a patent on cold fusion. Or FTL propulsion. Or a cure for cancer. Some things are significant advances that you want to encourage and protect the inventor's revenue from duplication. But not, \"\"a business process and method for associating a finger-stroke with an element displayed on a flat-panel glass screen.\"\"\""}
{"_id": "494526", "title": "", "text": "Quite a few mores thing you do but you will discover less factor which offer you to publish your services or item in free of price is is on the internet labeled [advertising australia](http://come2ourdeals.com.au/) which can be using additional and much more marketing in the world-wide-web marketing. You can find several labeled ads website that are offering totally free services to post the solutions and a few are consider cash for post there solutions."}
{"_id": "494530", "title": "", "text": "&gt; This is highly controversial.  Your body turns ingested calories that are not burned (i.e., not immediately needed) into fat for storage.  That's not controversial at all; that's a well-established fact.    What's still being discovered is things like how what you eat affect how many calories you need, and how it affects feelings of satiation."}
{"_id": "494541", "title": "", "text": "\"**First, for every one \"\"free cookie\"\" offer on my phone, I will be bombarded with 100 annoying pushy ads.**  Secondly, There's no such thing as free cookie. No free lunch either. No free upgrade.  Trust me on that!  The \"\"free cookie\"\" is if only if you buy an expensive coffee.   If they want to give me free cookie, they can stand outside the store with a tray of free cookies or a sign.  Lastly, if it's not forbidden by law, then it needs to have an option to turn off.  Question to you: given the option, would you allow your phones to send you notifications as you pass by?\""}
{"_id": "494553", "title": "", "text": "\"Why do banks charge a significantly lesser rate for a 15 yr. fixed mortgage than a 30yr. (though they know it will not earn them the same amount of money)?  A simplistic model of where banks get the money to lend to borrowers is that they \"\"borrow\"\" money from investors that want to earn a return on the money that they provide.  The actual mechanics of that process are much more complicated, but the gist is that if those investors want to tie their money up for a longer period, they expect to get a higher return, thus 30-year mortgages require a higher interest rate than 15-year mortgages.  In addition, the \"\"usual\"\" consensus in the market is that interest rates will rise in the future, so interest rates for longer-term loans are higher  While it's true that the bank gets \"\"more money\"\" overall from a higher-rate mortgage, the fact that that additional money doesn't come until several years into the loan (and that money loses value over time due to inflation) makes a lower-rate 15 year mortgage roughly equivalent to a higher-rate 30-year mortgage.\""}
{"_id": "494568", "title": "", "text": "Do you have the raw data?  Do you know how they selected the sample?  Did they discover perfect random?  I would guess not. So that probably would mean 100 isnt correct in this context.  I'm non-partisan. I would also just ask, how did that election turn out again with the numerous polls and other research of 1000+, repeatedly at different times over a campaign that seemed to have been like 2+ years long?  Further I dont even know why we are talking about a study of 100 when theres glassdoor with more than 10,000 reviews though it isnt normalized or in an actual study format. The thing to note is that if you compare the types of employees to another tech company like lets say Google/Alphabet or Facebook you have a different distribution in the type of people recruited and that might effect their experience. Amazon does a lot of retail, support and call centers as compared to a lot of engineers with a more educated background. Both are people but theres definitely a difference in the type of person as well as their temperament you get if you go to lets say an urban wal-mart as compared to an Alphabet or Facebook engineer."}
{"_id": "494570", "title": "", "text": "I've been doing this for years both at Baltimore Airport and Orlando. Why is this news? You've always been able to go to the counter with your traveling party and get a pass, although I've never tried to get a pass without my traveling party, maybe that's what the difference is..."}
{"_id": "494583", "title": "", "text": "\"The big difference is that you get your money earlier at the start. Suppose you start on a random day with payday on the last day of the month (monthly), or on every 2nd wednesday (biweekly), and it takes 3 days for payroll to \"\"ramp up\"\" (ie, if payday is within 3 days on your start date, your next paycheck is not on the next payday, but on the one after). If we assume every month has 30 days (to keep things simple), it is an average of 4+5+...+33 days until you get your first paycheck with monthly pay, an average of 18.5 days. For weekly it is a bit trickier Assuming you get hired at a random date here, with * being a paydate: time until you get paid: an average of 10.5 days. So you get your first pay an average of 8 days earlier. Later on, that 3 day thing no longer occurs, and now the company holds an average of 6.5 days of your pay \"\"due to you\"\" with biweekly paychecks, and about 14.5 days with weekly paychecks if you have monthly pay. So with monthly pay, on average your bank account has 8 fewer days of  your pay in it at all times.  This happens when  you are first hired, and persists over the length of your employment. Now suppose you save that extra money (on average): Suppose you have an investment at 4% (after inflation).  Over 40 years those 8 days of pay invested at 4% grow to 38 days of pay, a free month. What more, if the company has problems making payroll, you'll get a warning (to, say, look for another job) an average of 8 days sooner, and/or have the money in your account.  Having someone owe you money is usually worse than having the money in your bank account.\""}
{"_id": "494588", "title": "", "text": "Or the far less nefarious response that nobody could have accurate predicted the changes in the cost basis and the financing that has come about for panels 10 years ago.  Also, as mentioned, production estimates weren't off by nearly as much.  This is like laughing about someone getting an internet expansion estimation wrong in 96, it was clear it was going to go way up, but the errors in just a few percentage points of growth for explosive growth lead to massive differences in outcome."}
{"_id": "494595", "title": "", "text": "who issued stock typically support it when the stock price go down.  No, not many company do that as it is uneconomical for them to do so. Money used up in buying back equity is a wasteful use of a firm's capital, unless it is doing a buyback to return money to shareholders. Does the same thing happen with government bonds?  Not necessarily again here. Bond trading is very different from equities trading. There are conditions specified in the offer document on when an issuer can recall bonds(to jack up the price of an oversold bond), even government bonds have them.  The actions of the government has a bigger ripple effect as compared to a firm. The government can start buying back bonds to increase it's price, but it will stoke inflation because of the increase in the supply of money in the market, which may or mayn't be desirable. Then again people holding the bond would have to incentivized to sell the bond. Even during the Greek fiasco, the Greek government wasn't buying Greek bonds as it had no capital to buy. Printing more euros wasn't an option as no assets to back the newly printed money and the ECB would have stopped them from being accepted.  And generally buying back isn't useful, because they have to return the principal(which might run into billions, invested in long term projects by the government and cannot be liquidated immediately) while servicing a bond is cheaper and investing the proceeds from the bond sale is more useful while being invested in long term projects. The government can just roll over the bonds with a new issue and refrain from returning the capital till it is in a position to do so."}
{"_id": "494610", "title": "", "text": "\"First of all, I said they aren't as good compared to other options, so I am 100% correct. Second, they are shit and your \"\"if\"\" is simply not true.  Even when considering the brand as a whole, they aren't great:  https://www.consumerreports.org/cars-which-car-brands-make-the-best-vehicles-2017/  http://clark.com/cars/most-least-reliable-cars-consumer-reports/\""}
{"_id": "494611", "title": "", "text": "FOX news can join CNN, MSNBC, CBS, ect and drop off the face of the earth. They are just as bad a mouth piece as the other major networks. The media never treated Obama even half as bad. I voted for Obama during his first run, I just think the media has been very unfair and do not deserve special privileges."}
{"_id": "494616", "title": "", "text": "There are some who argue that you should lease an electric car. These factors are in addition to all the normal pros and cons of leasing vs. buying. The technology is still new and is advancing rapidly. In 2-3 years, the newer model may have significantly improved features, range, and efficiency, as well as lower prices. If you are the type of person to upgrade regularly to the latest and greatest, leasing can make it a smoother transition. It is hard to predict the depreciation of the vehicles. This is both because of the above factors, but also because these kinds of cars are newer and so the statistical models used to predict their future values are less refined. The models for predicting gas car prices have been honed for decades. EV Manufacturers have in the past made some mistakes in their residual value estimations. When you lease a car, you get essentially an option to buy the car at the future predicted residual value. If, at the end of the lease, the market value of the car is higher than the residual value, you can purchase the car at the predetermined price, making yourself some extra money. If the value is lower than the residual, you can return the car or renegotiate. I know a relatively large number of electric vehicle owners. Most or all of the ones who got the vehicle new leased it. The rest bought used vehicles coming off lease, which can also be a good deal."}
{"_id": "494618", "title": "", "text": "\"Currency lives no more then 50 years. US currency did not expire in last 100 years, but it was reinstated few times, last one was 2009. Note that currency is not just what you hold in your hand. Currency is system of relations of money supply (currency is not money but we forced to use standard terminology), banking rules and government policy. Currency exists as long as government wants it to. In 2009 for example, US government decided it needs new currency and just printed whole new money supply. So US dollar is now counting as \"\"partially fresh new currency\"\". It was reinstated. Not expired. But today's dollar is totally different from 90s and 00s. Will it be accepted after 200 years? Yes (probably). But most likely at that time there will be totally new US dollars. And new Euros, new Pounds and so on. Currency is method of transfer. You can have that physical coins you have, but as economic agent it will die very quickly. It is not only related to inflation, in fact, inflation is the least of your worries. If you count all currencies in the world which ever existed, most of them 99.99% are completely dead by now (with governments which supported it). Not even single one currency which lived more then 100 years. US dollar was reinstated in 1860, 1907, 1930, 1973, 1987, 2009 and  in fact it is not single currency but dozen which were allowed to be used \"\"for compatibility reasons\"\".\""}
{"_id": "494625", "title": "", "text": "Certainly sounds worthwhile to get a CPA to help you with setting up the books properly and learning to maintain them, even if you do it yourself thereafter. What's your own time worth?"}
{"_id": "494629", "title": "", "text": "Honestly, this whole story seems overblown. It sounded like he didn't know her husband... Because *he didn't know her husband*. Presidential calls to families of military deceased are a formality.  i feel like I'm being manipulated by the media on this one. Where's the story?"}
{"_id": "494638", "title": "", "text": "&gt; I said IQ has cultural bias.  [citation needed]  Yes, in direct comparisons between large average IQ scores of black and white ethnicities, the black ethnicities typically score lower. But that's a very superficial context-stripped soundbite, since there's far more genetic variation across individuals (including intelligence scores) than there is across ethnicities. Ethnicity just pertains to phenotypes, and while large-scale IQ variant tests show intelligence has a significant heritable component that is passed down through ancestry, there's still more variance between individuals of the same ethnicity than there is between averages of ethnicities.  If you wanna reduce that to saying black people are stupid so badly then knock yourself out, but that's your own ignorant oversimplification not mine."}
{"_id": "494653", "title": "", "text": "Man who made fortune as hedge fund, active investor decries passive investment. Shocker. Even if passive investment was a bad thing, which I don't think it is, wouldn't it result in a less efficient allocation of capital, allowing for more opportunities for active investors?"}
{"_id": "494655", "title": "", "text": "\"Holding pure cash is a problem for 401K companies because they would then have follow banking rules because they would be holding your cash on their balance sheets. They don't want to be in that business. Instead, they should offer at least one option as a cash equivalent - a money market fund. This way the money is held by the fund, not by 401K administrator. Money Market funds invest in ultra-short term paper, such as overnight loans between banks and other debt instruments that mature in a matter of days. So it is all extremely liquid, as close to \"\"Money\"\" as you can get without actually being money.  It is extremely rare for a money market fund to lose value, or \"\"break the buck.\"\" During the crisis of 2008, only one or two funds broke the buck, and it didn't last long. They had gotten greedy and their short term investments were a little more aggressive as they were trying to get extra returns. In short, your money is safe in a money market fund, and your 401K plan should offer one as the \"\"cash\"\" option, or at least it should offer a short-term bond fund. If you feel strongly that your money should be in actual cash, you can always stop contributing to the 401K and put the money in the bank. This is not a good idea though. Unless you're close to retirement, you'll be much better off investing in a well diversified portfolio, even through the ups and downs of the market.\""}
{"_id": "494660", "title": "", "text": "\"I would recommend \"\"How to Read a Financial Report : For Managers, Entrepreneurs, Lenders, Lawyers, and Investors\"\" by John A. Tracy for the following reasons: I also think the book would bridge the gap nicely between a broad understanding of finance and a more serious technical know-how.\""}
{"_id": "494666", "title": "", "text": "Your main concern seems to be to be accused of something called 'smurfing' or structuring. http://en.wikipedia.org/wiki/Structuring Depositing money amounts (cash or checks) under the 10k limit to circumvent the reporting requirement. People have been investigated for depositing under the limit, e.g. small business owners. If you're always above 10k you should be fine, as your deposits are reported and shouldn't raise IRS or FBI suspicions."}
{"_id": "494685", "title": "", "text": "&gt; It seems to me the market is responding to a belief that regulations won't be enforced or pared back and that maybe tax reform (e.g., tax cuts for the wealthy) may be enacted.  Yeah, that's kind of a big deal.  He already made an executive order requiring two regulations to be removed for every one that is created.  &gt;  Muslim travel ban  doesn't include the most populous Muslim nation?"}
{"_id": "494689", "title": "", "text": "Credit card, without a doubt. The reason is dispute resolution. If you dispute a charge on debit card - the money has left your account already, and if the dispute was accepted - you'll get it back. If. Eventually. In the mean time your overdraft will be missing $$$. For credit cards, you can catch a fraud action before the money actually leaves your pocket and dispute it then. In this case the charge is set aside, and you will only be required to actually pay if the dispute is rejected. I.e.: The money stays in your pocket, until the business proves that the charge is legit. In both cases, if the dispute is justified (i.e.: there was indeed a fraud) neither you nor the bank will lose money at the bottom line, it's just who's got the money during the dispute resolution process (which may be lengthy) that matters."}
{"_id": "494706", "title": "", "text": "Many reasons So in general you are paying more for peace of mind when you buy a new car. You expect everything to be working and if not you can take it back to the dealer to have them fix it for free."}
{"_id": "494711", "title": "", "text": "This conversation started with my OP post, stating I felt paying taxes was a civic duty, and patriotic. Would you like to start there? (Also, I would be interested to hear an example of *your* Libertarian paradise, so I can better understand where you are coming from)"}
{"_id": "494721", "title": "", "text": "I believe it. We switched to CenturyLink a few years ago to save a few bucks.  I was regretting it within the first day. They guaranteed a certain speed, but I wasn't getting it.  I had to fight with them for days to prove they weren't fulfilling their guarantee. I was so happy when I finally got out of the contract and went back with my previous ISP."}
{"_id": "494727", "title": "", "text": "\"Re: A trader when buying needs to buy at the ask price and when selling needs to sell   at the bid price. So how can a trade happen 'in between' the bid and ask? Saying the trade can happen \"\"in between\"\" the bid & ask is simplistic.  There is a time dimension to the market.  It's more accurate to say that an order can be placed \"\"in between\"\" the current best bid & ask (observed at time T=0), thus establishing a new level for one or the other of those quoted prices (observed at time T>0). If you enter a market order to buy (or sell), then yes, you'll generally be accepting the current best ask (or best bid) with your order, because that's what a market order says to do: Accept the current best market price being offered for your kind of transaction.  Of course, prices may move much faster than your observation of the price and the time it takes to process your order \u2013 you're far from being the only participant. Market orders aside, you are free to name your own price above or below the current best bid & ask, respectively. ... then one could say that you are placing an order \"\"in between\"\" the bid and ask at the time your order is placed.  However \u2013 and this is key \u2013 you are also moving one or the other of those quoted prices in the process of placing your above-bid buy order or your below-ask sell order. Then, only if somebody else in the market chooses to accept your new ask (or bid) does your intended transaction take place. And that transaction takes place at the new ask (or bid) price, not the old one that was current when you entered your order. Read more about bid & ask prices at this other question: (p.s. FWIW, I don't necessarily agree with the assertion from the article you quoted, i.e.: \"\"By looking for trades that take place in between the bid and ask, you can tell when a strong trend is about to come to an end.\"\"  I would say: Maybe, perhaps, but maybe not.)\""}
{"_id": "494753", "title": "", "text": "An emergency fund of $5000 seems on the low side and I would be worried about spending it down to $2000, that said you want to get out of the car loan. It sounds like you have a little extra disposible income since you think you can rebuild your emergency fund quicker than just the amount you will save from not having a car payment. One option to decrease the hit to your emergency fund is to save aggressively for a month or two to increase your emergency fund by a few hundred dollars and take on some other debt (possibly credit card). You could then pay off the new debt and replenish your emergency fund over a slightly longer period. While some financial planners dislike the idea of an emergency fund while still having high interest debt, to me I would prefer to have $1000 in credit card debt and $3000 in an emergency fund over $0 in credit card debt and $2000 in an emergency fund. Given your time course of 6 months or so to pay off the debt, you might even qualify for a 0% credit card introductory rate (or balance transfer)."}
{"_id": "494778", "title": "", "text": "All I'm saying is, if you're a person of color, if you're queer, if you're a woman, if you're not a christian, the hatred they're spouting isn't abstract or theoretical. It is directly targeting you and your loved ones, and they want people like us dead. Allowing internet companies to censor ideas they disagree with may be immoral (though perfectly legal) but so is spewing hatred and calling for the deaths of anyone who isn't a straight white man. And honestly I will take any allies in this fight I can get."}
{"_id": "494783", "title": "", "text": "Typically your paychecks are direct deposited into your bank account and you receive a paycheck stub telling you how much of your money went where (taxes, insurance, 401k, etc.). Most people use debit or credit cards for purchases.  I personally only use checks to transfer money to another person (family, friend, etc.) than a business.  And even then, there's PayPal."}
{"_id": "494788", "title": "", "text": "\"While I personally find multi-camera comedies extremely unappealing, shows like The Big Bang Theory are one of the most popular in the country.  Netflix is probably trying to tap into that market.  At the very least, I can see those comedies being relatively cheap and drawing enough viewers to be \"\"profitable\"\" in Netflix's eyes.\""}
{"_id": "494790", "title": "", "text": "A lot of people don't, but some do and some of those give back in volunteering their time, knowledge, or expertise and sometimes the only way to do that is to retire with good savings.   My granddad lived to 102 and he retired around 65, but he did nothing of any real substance for his community. He was kind and sort of funny and he loved me, but he wasted most of his life after retirement just watching tv."}
{"_id": "494791", "title": "", "text": "\"You should immediately tell your bank you've been scammed, request for the transactions' cancellation or revocation and get back most - if not all - of the money transferred. I've placed numerous orders online in the past and was always very careful about their trace-ability but I have to admit once I acted carelessly and got scammed. I didn't think of it much before placing an order for a very low priced laptop through a private seller on Amazon. I'd never purchased anything this way before but thought \"\"Amazon will protect me if anything goes wrong...\"\" so I sent an e-mail to the seller. He gave me his bank details (with Spanish IBAN) via a non-suspicious e-mail with the usual logos and e-mail address domain name, made the payment and guy came back to me saying he'll ship the laptop once he sees the funds received. Waited max. 2 days, trying to contact him but no response. Contacted Amazon giving the seller's ID and the \"\"transaction\"\"'s ID I'd received from him and they told me there's nothing they can do as that transaction is not recorded on their systems. Immediately after realizing I've been scammed and done my goof, I contacted my bank via e-mail explaining the situation. I was informed that the transaction can be cancelled but they cannot guarantee the return of the entire amount. After 2-3 days, I saw my balance richer by \u20ac950 and the payment I'd made to the scum was \u20ac1,000. I'd highly recommend that you check the fraud protection policy of your bank and in case there's something that can be done, then just get in contact with them explaining the situation.\""}
{"_id": "494799", "title": "", "text": "&gt; Sigh. I knew this headline would end up being printed, which is of course wrong.  Yet at the same time... this is exactly the kind of headline that Tesla PR *wants* the papers to print.  Elon Musk is all about exaggerations (the better to boost the -- already ridiculously, inanely, overpriced -- stock)."}
{"_id": "494808", "title": "", "text": "Interesting. When you say DIY you mean pencil and paper. For most of us the choice came down to using a professional vs using the software.  Your second bullet really hits the point. The tax return is a giant spreadsheet with multiple cells depending on each other. Short of building my own spreadsheet to perform the task, I found the software, at $30-$50, to be the happy medium between the full DIY and the Pro at $400+.  With a single W2, and no other items, the form is likely just a 1040-EZ, and there shouldn't be any recalculating so long as you have the data you need. Pencil/paper is fine.  There's no exact time to say go with the software, except, perhaps, when you realize there are enough fields to fill out where the recalculating might be cumbersome, or the need to see the exact tax bracket has value for you.  You are clearly in the category that can fill out the one form. At some point, you might have investment income (Schedule D) enough mortgage interest to itemize deductions (Schedule A) etc. You'll know when it's time to go the software route.  Keep in mind, there are free online choices from each of the tax software providers. Good for simple returns up to a certain level. Thanks to Phil for noting this in comments.  I'll offer an anecdote exemplifying the distinction between using the software as a tool vs having a high knowledge of taxes. I wrote an article The Phantom Tax Zone, in which I explained how the process of taxing Social Security benefits at a certain level created what I called a Phantom Tax Rate. I knew that $1000 more in income could cause $850 of the benefit to be taxed as well, but with a number of factors to consider, I wanted to create a chart to show the tax at each incremental $1000 of income added. Using the software, I simply added $1000, noted the tax due, and repeated. Doing this by hand would have taken a day, not 30 minutes.  For you, the anecdote may have no value, Social Security is too far off. For others, who in March are doing their return, the process may hold value. Many people are deciding whether to make their IRA deposit be pre-tax or the Post tax Roth IRA. The software can help them quickly see the effect of +/- $1000 in income and choose the mix that's ideal for them."}
{"_id": "494813", "title": "", "text": "Yes. Look at form 1040 AGI is line 37, and it comes well after you report your schedule D cap gains.  I read this question as meaning you wish to contribute to a traditional IRA pretax. There is no income limit to contribute to an IRA and not take the deduction."}
{"_id": "494814", "title": "", "text": "Bloomberg Commodity Index is one you check out. [link](https://www.bloomberg.com/quote/BCOM:IND)      Oil does have a heavier weighting though (around 20% through Brent and WTI iirc) so while things like aluminium, gold, corn etc are up for the year BCOM is down YTD. Still a decent broad-based index for you to consider."}
{"_id": "494815", "title": "", "text": "how can I save money for the future The fact that you are worrying is good. This is the first step. Follow this up with a plan. One way is first get hold of your income [its fixed you know the salary]. Maintain expenses, then see which costs can be cut down. Create individual goals and start investing for these. The best way for first timer is to invest into a Recurring Deposits or SIP in mutual fund, i.e. kind of forced saving so that you don't spend what is available in bank Account."}
{"_id": "494825", "title": "", "text": "You would need to ask the College. If they accept Wire Transfer, get the Bank details and ask your bank in Ethiopia to make the international transfer. If the college asks for a Bankers check or some other form, take these details and ask you Bank in Ethiopia to arrange for same."}
{"_id": "494826", "title": "", "text": "\"&gt; Who's behind these investments exacly?  Investors  &gt; Could it be literally anyone and if so why do they hide behind these nominee companies?  It's not for the purposes of \"\"hiding,\"\" but more for administration purposes. For example, JP Morgan Nominees will have a direct account that does all the trading *on behalf* of clients. Clients then have a subaccount *within* the nominee account. It just makes it easier for everyone to trade on *one* account overall and then allocate it appropriately after the fact.  &gt; Do all banks have some kind of wealth management/funds management business?  A LOT of them do.\""}
{"_id": "494832", "title": "", "text": "\"With regard to worries about ownership:  I'll point you towards this - The Cohabitants Rights Bill currently in First Reading at the House of Lords. Without a date for even the second reading yet. In short the Bill is attempting to redress is the lack of rights when a non-married relationship ends when compared to married relationships; that is that one of the \"\"cohabitants\"\" can end up with basically nothing that they don't have their name on. So currently you're in the clear and (Part 2) Section 6.2.a says the Bill cannot be used retroactively against you if your relationship is over before it becomes law (I expect with Brexit etc, this Bill isn't a high priority - it's been a year since the first reading). Section 6.2.a: This Part does not apply to former cohabitants        where the former cohabitants have ceased living together as a        couple before the commencement date;    However, if you're still together if/when this Bill becomes Law then basically all of (Part 1) Section 2 may be relevant as it notes the conditions you will fall into this bill: Section 2.1.a: live together as a couple and Section 2.2.d: have lived together as a couple for a continuous        period of three years or more. and the \"\"have lived together\"\" at that point counts from the start of your cohabitation, not the start of the Bill being law:  Section 2.4.a: For the purposes of subsection (2)(d), in determining        the length of the continuous period during which two people have lived       together as a couple - any period of the relationship that fell before        the commencement date (of the Bill) is to be taken into account If you have kids at some point, you'd also fall under 2.2.a through 2.2.c too. After that, the financial parity decided upon by the court depends on a whole bunch of conditions as outlined in the Bill, but Section 8.1.b is pretty clear: Section 8.1.b: (b)the court is satisfied either\u2014       (i)that the respondent has retained a benefit; or       (ii)40that the applicant has an economic disadvantage,       as a result of qualifying contributions the applicant has made I'm not qualified to say whether your partner helping to pay off your mortgage in lieu of paying rent herself would count as just paying rent or giving you an economic benefit. Sections 12, 13, and 14 discuss opt-outs, also worth a read. The a major disclaimer here in that Bills at this early stage have the potential to be modified, scrapped and/or replaced making this info incorrect. As an additional read, here's an FT article from Feb 2016 discussing this lack of rights of a cohabitant which should alleviate any current concerns.\""}
{"_id": "494844", "title": "", "text": "\"Three things....  First, it sounds like you have gotten incredibly lucky.  Maybe you were born into a stable family, and to date haven't had any major medical issues.  I know you say likely retire, but what if god forbid you have something medically that comes up which wipes out your savings.  What if your investments go south?  There are many, many people who made similar choices such as you and it didn't work out for them. Why should they have to work until they are 70 when you get to retire at 40?  Second, none of the things you mentioned happened in a vacuum.  Society, and yes the government, has support systems in place that made all of this possible for you.  Why should then you get to hoard all the wealth from making this possible for others while you get to pat yourself on the back for making \"\"good choices\"\".  Third, maybe along the way your investments actually hurt society?  Maybe that growing company was able to grow because they invested in a dirty technology, or outsourced a lot of jobs, or compromised peoples privacy in the name of profits.  Why should you, just by the amount of your \"\"capital\"\" get to choose how to impact society while the workers at those companies and the people in the surrounding community don't.  We are suppose to live in a democracy.....\""}
{"_id": "494872", "title": "", "text": "\"This is because in the past 10 years, every fucking clothing store started putting their logo and some stupid number.  \"\"GAP 1969\"\" Because retro became cool FOR A MINUTE.  But these businesses are so reactive they were bound to take it to the fail point.\""}
{"_id": "494876", "title": "", "text": "\"&gt;The scales on the chart are not consistent, even in regards to stats the author purports to be comparable  Scales (and especially missing zero-points) are one of the easiest ways to manipulate the perception of viewers of charts &amp; graphs.  Especially when we are dealing with exponential things -- even the choice of linear vs logarithmic can generate entirely different reactions to the same data.  Add in cherry-picking and \"\"normalization\"\" of data, and such things are rife with the possibility of being misleading (often in ways that the creators of the charts themselves are entirely unaware of).\""}
{"_id": "494877", "title": "", "text": "I suggest you look at many stocks' price history, especially around earnings announcements. It's certainly a gamble. But an 8 to 10% move on a surprise earning announcement isn't unheard of. If you look at the current price, the strike price, and the return that you'd get for just exceeding the strike by one dollar, you'll find in some cases a 20 to 1 return. A real gambler would research and find companies that have had many earnings surprises in the past and isolate the options that make the most sense that are due to expire just a few days after the earnings announcement. I don't recommend that anyone actually do this, just suggesting that I understand the strategy. Edit - Apple announced earnings. And, today, in pre-market trading, over an 8% move. The $550 calls closed before the announcement, trading under $2."}
{"_id": "494880", "title": "", "text": "Your question mixes up different things.  Your LLC business type is determined by how you organize your business at the state level.  Separately, you can also elect to be treated in one of several different status for federal taxation. (Often this automatically changes your tax status at the state level too, but you need to check that with your state tax authority.) It is true that once you have an EIN, you can apply to be taxed as a C Corp or S Corp.  Whether or not that will result in tax savings will depend on the details of your business.  We won't be able to answer that for you.  You should get a professional advisor if you need help making that determination."}
{"_id": "494886", "title": "", "text": "Treating these things as an outlier is EXACTLY what caused the crisis in the first place. When creating these ABS/MBS securities they woefully underestimated the correlation of everyone defaulting together. Time and time again these outliers happen far more frequently than our models predict. For example the LTCM russian default was a 15 standard deviation event, i.e. impossible..."}
{"_id": "494915", "title": "", "text": "The staff of such companies should be highly experienced in their job and updated with latest developments and they should be aware of different kinds of garbage and, especially the hazardous ones.Moreover, they should be trained to deal with different kinds of hazardous substances Sydney and have the knowledge of the risks associated with them."}
{"_id": "494926", "title": "", "text": "Lobbyists and regulations will never let shipping containers enter the housing market. These have been online for over ten years and have never came to fruition. They are in the same category as the tires that never need tread or air and last forever. They are fun to study on the internet but will never come to market due to suppression"}
{"_id": "494928", "title": "", "text": "When credit locks up, junk bond prices fall rapidly, and you see more defaults. The opportunity to make money with junk is to buy a diversified collection of them when the market declines. Look at the charts from some of the mutual funds or ETFs like PIMCO High Yield Instl (PHIYX), or Northeast Investors (NTHEX). Very volatile stuff. Keep in mind that junk bonds are not representative of the economy as a whole -- they cluster in certain industries. Retail and financials are big industry segments for junk.  Also keep in mind that the market for these things is not as liquid as the stock market. If your investment choice is really a sector investment, you might be better served by investing in sector funds with stocks that trade every day versus bonds whose market price may be difficult to determine."}
{"_id": "494935", "title": "", "text": "I understand the frustration, American politics is pretty utterly fucked isn't it?  &gt; Anyway, I think we should be doing our best to incentivize corporate formation by lowering corporate taxes to zero and moving the incidence of taxation directly to capital.  That's interesting, and I've heard it before. Is something [like this writer](http://www.theatlantic.com/business/archive/2010/10/why-we-should-eliminate-the-corporate-income-tax/65351/) outlines what you are thinking? Essentially remove corporate taxes, and then tax dividends and capital gains as normal income?"}
{"_id": "494939", "title": "", "text": "TdAmeritrade offers this service for free using 3rd party company markit. From markit's site, below is their guarantee.  http://www.markit.com/product/markit-on-demand Markit On Demand delivers an average of two million alerts per day   through various technology platforms and via multiple channels,   including email, instant messages, wireless, RSS and Facebook.   Investors can subscribe to their alerts of choice, and Markit On   Demand guarantees that they will receive an alert within five minutes   of the event trigger for all price and volume alerts"}
{"_id": "494949", "title": "", "text": "I got so excited 'cause I knew which episode you were quoting. That podcast is the best; I'm always so excited for Thursdays.  Yeah, they are taking advantage of the situation, and acting rationally in an economic sense. Of course they're going to make money from it. The operating cost is fairly low per passenger, like $16 an hour per passenger per this site, $3,200 per hour cost average and the A320 carries 200 people (http://www.opshots.net/2015/04/aircraft-operating-series-aircraft-operating-expenses/) . There are certainly other cost associated, as well.  But, does that necessarily make it not good news? I get that it isn't 100% philanthropic, but how often is it ever? Maybe it is a good of two worlds. They get to help people get out of a dangerous area, and they make a little money too.   There was an /r/relationships post today about a girl that couldn't get out of Miami because her boyfriend had the car and was refusing to leave, so she was trapped. She couldn't afford a plane ticket and all of the buses and trains were sold out. She could be one of the people that could benefit from a lower priced ticket.  Idk. Maybe it is a money grab, or maybe they're providing a necessity like Levitt's water example. I just hope it helps some people."}
{"_id": "494950", "title": "", "text": "What a joke. The world economy would have collapsed without Goldman Sachs and Citibank? That is blatant propaganda and you're deluded if you believe it. Government intervention caused the housing bubble, and government intervention is what those huge banks relied on when they made 30:1 securities swaps wagers. Those bankers acted like criminals and the government cheered them on and made it easier. There is absolutely zero incentive for either the bankers or the politicians to be fiscally responsible, that is the problem.  Printing money has not caused harm? Are you mental? Printing money is outright theft from every working man. It is the epitome of corruption and the hallmark of a failing government slipping into fascism and plutocracy. They won't even tell us how much money is on the books anymore. It is an arbitrary amount which changes at their discretion.  There is more debt in the system than actual value, and the debt gains interest faster than the value appreciates. The entire currency system is designed to transfer money to the wealthy and carry a debt which can never be paid off. Those dollars that you and I work for every day are just a means to control us."}
{"_id": "494964", "title": "", "text": "Right from Home Depot's website emphasis mine.  Product Overview Every piece of 2 in. x 6 in. x 10 ft. Kiln-Dried Heat Treated Dimensional Lumber meets the highest grading standards for strength and appearance. This high quality lumber is ideal for a wide range of structural and nonstructural applications including framing of houses, barns, sheds, and commercial construction. Perfect for projects that require structural dimensional lumber that meets building codes. It can also be used for furniture and hobbies, and comes in a variety of widths and lengths. As long as lumber is properly primed and painted or sealed and stained it can be used in exterior applications. Each piece of this lumber meets the highest quality grading standards for strength and appearance Lumber can be primed and painted or sealed and stained. For interior or exterior use **Common: 2 in. x 4 in. x 10 ft.; Actual: 1.5 in. x 3.5 in. x 120 in.** Untreated Premium Grade Note: product may vary by store Click to learn how to select the right lumber for your project  This is the **DUMBEST** thing i've read all day."}
{"_id": "494992", "title": "", "text": "\"In the quoted passage, the bonds are \"\"risky\"\" because you CAN lose money. Money markets can be insured by the FDIC, and thus are without risk in many instances.  In general, there are a few categories of risks that affect bonds. These include: The most obvious general risk with long-term bonds versus short-term bonds today is that rates are historically low.\""}
{"_id": "495007", "title": "", "text": "I suspect that the times you are referring to are those times when there is relatively low volumes of foreign exchange trading.  Lower volumes of trading make it possible for large orders to have a disproportionate effect on the market price.  This implies that the times to avoid will be the times with the lowest relative volumes.  This will occur on the cusp between the New York market winding down and the Asia/Tokyo market revving up. This will be in the hours preceding Tokyo's opening at 06:00 Tokyo time, so the time to avoid is about 04:00-06:00 Tokyo time, or about 20:00-22:00 GMT (if I've worked out the time difference correctly). Foreign exchange is a 24 hour, global market.  Although each of the three main trading centres - London, New York, Asia - will operate 24 hours a day, they will maintain only a skeleton staff outside of normal working hours.  The time difference between London and New York is only 5 hours, so there is no period of time when both centres are operating with a skeleton staff.  The time difference between London and Tokyo is 8 hours, so again there is no period of time when both centres are operating with a skeleton staff.  The time difference between New York and Tokyo is 13 hours.  This does include a period where both centres are operating with a skeleton staff, as well as London operating on a skeleton staff.  Thus, in the couple of hours immediately preceding Tokyo's opening for the regular trading day there is minimal coverage in each of the three main trading centres.  As mentioned above, this is the time when large orders can have a disproportionate effect on fx rates and so this is the time to avoid."}
{"_id": "495011", "title": "", "text": "\"For a fight this big it would be done via an escrow account and the terms would be set in advance. There would be no \"\"check\"\" for him to cash. He has no idea what he's saying and this is probably why he is in trouble with the IRS. He is using the same concepts for a $10 doctor's visit copay and applying it to a multimillion dollar contract with giant media conglomerates.\""}
{"_id": "495022", "title": "", "text": "There is usually contact information for the owner of the machine printed somewhere on it. Call that number. If it is in a business you could always try the clerk.  Whether you get your money back is up to that person, I suppose."}
{"_id": "495028", "title": "", "text": "For people with attempted to achieve credit rating coming from a huge rely or perhaps organized credit score card issuer then you can discover how complicated its to get authorised. They generally interest some kind of credit score, when you need a low interest rate quote and additional returns after that your credit score has to be excellent."}
{"_id": "495030", "title": "", "text": "just had a disastrous trip a few weeks ago to Brazil with American.  First flight was delayed 1.5hrs making us miss the connection.  They put us up for the night and then flew us to another city in the morning (flight delayed again) for a different connection at 11PM that night onto Brazil.  [That 11PM flight didn't start boarding till 1:30AM.](http://i.imgur.com/VVY6z.png)  They actually had to bring in a different plane something was so wrong with the first one.  Flight from Brazil back also delayed, the connection after that to home was not.  5 flights, 4 delays, 1 missed connection.      Never again."}
{"_id": "495032", "title": "", "text": "It is a scam, other people have given lots of details why.   But online access password Is ONLY of use to someone that wishes to steal your money.    Just including it in the requested information is enough to make it clear it is a scam. To deposit money into someone accounts only needs. And maybe (if the deposit is being pay by anyone that needs to report the payment to the government for income tax - at least in the UK) If the money is coming from a source that must report the payment for tax."}
{"_id": "495050", "title": "", "text": "[I appreciate the attitude that you wrote back in, seriously!]  Look I'm not against some form of help if they are working 60-85+ hours a week (we can discuss exactly what should be done).   However my whole issue is that this women has been working at a minimum wage job for a long time (I forgot the exact number). Why isn't she trying to advance away from that? (Maybe she is, but the article didn't talk about that).  Look I know it's tough, living in the Greater Seattle Area is very expensive and it's hard. But I'd not only do what I have to to support my family (which she is trying wry hard to do, props for her), but I'd also try to educate myself (not talking university) and try to develop/enhance my abilities so they are attractive to employers. She has tons of years of experience, why not try to move up in management?"}
{"_id": "495058", "title": "", "text": "\"That's, in part, a business urban legend at this point.  There were lay-offs under Jack, but it wasn't the 10% least effective that they claim.  Those people might just not get a raise.  We're so far removed from that business environment that it has gone beyond obnoxious and into \"\"quaint\"\" territory.  GE suffers from a major gap in mid career experts.  They can't retain younger people, and their older people are retiring.  GE keeps operating like there's a big carrot keeping people working there, except there isn't anymore.  The health care plans have been gutted, the advancement opportunities have been gutted, the compensation is sub standard, etc.  So people leave after they get what they want out of the company.  GE doesn't even need to lay people off if reducing their work force is really their goal.  Just freeze hiring, wait a couple years, and they'll get the numbers in attrition.  This is just more \"\"meet the quarterly numbers\"\" nonsense with no long term sustainable strategy.  Rebranding existing projects as \"\"Digital\"\" isn't going to make the company more competitive or save it from falling further and further behind as their knowledge and experience walk out the door.\""}
{"_id": "495062", "title": "", "text": "As others mentioned, I am not sure what you mean by stating that your 401K was rolled over to a money market account. Assuming that it was rolled over to an IRA account, you can roll it over to another IRA account with a financial institution of your choice (either a brokerage or a bank.) Alternatively, you can withdraw these funds, but since you are under 59.5 years old, you would have to cough up 10% penalty to IRS for this unqualified withdrawal. Therefore, I would strongly recommend for you to wait till you reach this eligible age. Other qualified (penalty-free) withdrawals are: purchase of the first home, college tuition, medical insurance premiums for unemployed individuals, disability, and medical expenses exceeding 7.5% of your Adjusted Gross Income. I would assume that your 401K was a Traditional 401K account (before tax contributions), and not ROTH 401K, so yo would also have to pay taxes upon withdrawing funds whether you do it now or after you are 59.5 y.o."}
{"_id": "495066", "title": "", "text": "\"Market Capitalization is the value the market attributes to the company shares calculated by multiplying the current trading price of these shares by the total amount of shares outstanding. So a company with 100 shares trading at $10 has a market cap of $1000. It is technically not the same as the value of a company (in the sense of how much someone would need to pay to acquire the company), Enterprise value is what you want to determine the net value of a company which is calculated as the market capitalization + company debt (as the acquirer has to take on this debt) - company cash (as the acquirer can pocket this for itself). The exact boundary for when a company belongs to a certain \"\"cap\"\" is up for debate. For a \"\"large cap\"\"  a market capitalization of $10 billion+ is usually considered the cutoff (with $100+ billion behemoths being called \"\"mega caps\"\"). Anything between $10 billion and ~$1 billion is considered \"\"mid cap\"\", from ~$1billion to ~$200 million it's called a \"\"small cap\"\" and below $200 million is \"\"nano cap\"\".  Worth noting that these boundaries change quite dramatically over time as the overall average market capitalization increases as companies grow, for example in the 80s a company with a market cap of $1 billion would be considered \"\"large cap\"\". The market \"\"determines\"\" what the market cap of company should be based (usually but certainly not always!) on the historical and expected profit a company makes, for a simple example let's say that our $1000 market cap company makes $100 a year,  this means that this company's earnings per share is $1. If the company grows to make $200 a year you can reasonably expect the share price to rise from $10 to ~$20 with the corresponding increase in market cap. (this is all extremely simplified of course).\""}
{"_id": "495067", "title": "", "text": "Can't you just organise with the dealership to pick it up a few days later? Yes you will still have to pay the interest, not a professional but going off my experience you will have a minimum $$$ to pay the loan, and often be charged a penalty for paying it off so soon."}
{"_id": "495076", "title": "", "text": "Note too that being a contractor means that you will unavoidably have periods between contracts; you tend to be out of work more often than a salaried employee would. You need to set your rates so your average income, including those down times, adds up to a living wage including all those benefits that aren't being covered. If a company hires a contractor, they understand that this is part of the trade-off. They avoid making a long-term commitment when they don't have a long-term need, and they accept that this convenience may cost a bit more in the short term."}
{"_id": "495082", "title": "", "text": "\"Sheesh, are people kidding here? It's a gift. It's not fraud. Just keep in mind that, because it's a gift, you cannot get it \"\"back\"\" if you break up--you are giving it to her. If you happen to get married at some point in the future, you will then own part of the apartment, but that is a completely separate matter. Give her the money, don't expect it back. Ever.\""}
{"_id": "495089", "title": "", "text": "The best analysis I know of Kiyosaki and his advice somes from a genuine property expert who gives plenty of good advice.  If you are really interested then check out [John T Reed on Robert T Kiyosaki](http://www.johntreed.com/Kiyosaki.html)."}
{"_id": "495093", "title": "", "text": "For maximum liquidity of an emergency fund, having demand deposits and fixed deposits would be the best, as they are the most liquid instruments around. If you invest in other higher yielding instruments they would be less liquid, so it's a tradeoff and you've got to decide for yourself what's best given your requirements."}
{"_id": "495104", "title": "", "text": "\"&gt;  fired from their jobs because of failed drug tests \"\"may seek a remedy through claims of handicap discrimination,\"\"   OK, so nobody will be charged with taking MJ as the reason for firing.  do you need a reason in MASS?  if so, that's weird compared to almost all states\""}
{"_id": "495116", "title": "", "text": "Thanks! I don't even know who they are and what their roles are yet, let alone what I expect from them. Maybe this will come in time once I get to know them and the business. I have a feeling I'll be going in and my lack of knowledge will undermine any respect they would have otherwise had for me."}
{"_id": "495153", "title": "", "text": "\"If you pay 20% tax now and none later or if you pay no tax now and 20% later, it doesn't make a difference.  Mathematically, it's the same. You have to guess about which tax rate (now vs later) will be higher for you in order for you to make the best choice.  Predicting tax rates 40 years in advance is hard.  Everybody pretends like they can do this accurately. I would suggest going half and half. If you have 20k and put half in pre-tax (10k in) and half in post-tax (only 8k in) you end up with 18k total in which is right in the middle of where you would be if you went with the whole 20k in either extreme.  It would also leave you owing 2k in tax rather than the possible 4k in tax if you had gone with all pre-tax. When you split down the middle, you are guaranteed to have 50% in the \"\"right\"\" side, the side with the best outcome. Being guaranteed to be 50% on the right side is pretty good compared to maybe being 100% on the wrong side.\""}
{"_id": "495154", "title": "", "text": "I don't know.  I bet Sony is betting he won't want to spend the money to defend himself.  Seems to me that this guy wouldn't be able to do much as an actor if he plays any kind of similar character since he did it first for Sony"}
{"_id": "495165", "title": "", "text": "\"What you're thinking of is more market making kind of activity, HFT algo's thrive on this; having information faster than anyone else. This type of activity could also likely be lumped into what is considered top-down analysis as opposed to bottom-up (which is what most mutual fund equity research involves). Again, the more important aspect is, what does the company you are applying to use!  Top-down analysis means that you are forecasting the revenue drivers for a company using macro-economic analysis. For example, let's say I'm investing in Chinese cement manufacturer's, what implications does Chinese interest rate policy have on infra-structure expansion and how does that drive revenue for this specific company. I might then look at margins, etc. to get an EPS estimate. Part of this could fall into secular  investing, too. Let's say I like LCD panel glass because of this consortium, I might take a look at 5 companies and then find the ones I think would benefit most from this. The problem with top-down is it tends not to be as much of a deep-dive, and its hard to pick individual companies because of it. Bottom-up tends to be more analytical and is what most pitches would be based around. The most important thing I'm not saying one is right or wrong, they are just different, and every investor has their own style.  Bottom-up analysis, which would be closer to what an equity research analyst would be doing on the sell-side, is analyzing what bottom-line indicators drive revenue and how are those expanding. For example, lets say I'm looking at search providers (i.e. Baidu, Google, Yahoo, etc.) I'd be looking at Cost-Per-Thousand-Clicks (CPTC) and number of clicks on the website. Multiply the two and I get revenue (very simplified version) for clicks business. I might then also forecast other revenue driving segments and try to understand how they are growing/pricing at an individual segment level (i.e. business services or mobile advertising). I'd then break down costs/margins for each segment and forecast those out. I could then get a forward EPS, get a range of multiples I believe it could trade in (i.e. I think the multiple will trade up/down), to get a target price. Also, I would likely do a DCF analysis on forward earnings to get a \"\"fair market value,\"\" and then try to triangulate a price. I would also be looking at stuff like management teams and industry trends, too, but bottom line, I'm pitching a company because I think it is undervalued and will outperform competitors **in the long run**. This type of work tends to be more research oriented and is what most (not all) mutual funds use when analyzing companies. Since mutual funds tend to have longer holding periods (2-10 years), as opposed to short-term, it's harder to justify investing in a company only because it has a short-term catalyst. Anecdotally, it's also easier to present in a written thesis because the numbers tend to be more concrete and easier to forecast than top-down (which have wider target ranges).  Your thought process that catalyst + industry context = market beating returns isn't wrong, it's just that every company thinks about investing differently, and it's important to tailor the report to that group's style.\""}
{"_id": "495185", "title": "", "text": "The drive is on to make the minimum wage $15/hr.  I am concerned that we shouldn't set our standards so low and allow company's like Walmart to normalize low wages. In 1981 when I got out of high school, my first real job before college paid me $8.00/hr which is inflation adjusted to $21.44/hr today."}
{"_id": "495191", "title": "", "text": ".Now time is the digital time so casino is also becomes the online. On this you enjoy game online through your mobile phone, desktop and by your gadgets. But difficulty is choose the right website for the online casino because on the internet is very website .Leocity99 is the best online casino Malaysia on which you enjoy your favorites casino game."}
{"_id": "495226", "title": "", "text": "&gt; loses from WaPo to reduce his tax bill  That's not even how taxes work! Christ, isn't this an economics subreddit? You're really out of your element here, bud. That would be the absolute stupidest strategy of all time."}
{"_id": "495241", "title": "", "text": "Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [\u041f\u0440\u043e\u0435\u043a\u0442 Dohaglobalinv. \u0414\u043e\u0445\u043e\u0434 \u0434\u043e 15 % \u0432 \u043c\u0435\u0441\u044f\u0446. \u0421\u043f\u043e\u0441\u043e\u0431 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435! \u041a\u0430\u043a \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0434\u0435\u043d\u044c\u0433\u0438?](https://youtu.be/VADn3u_PWl0)|\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 \u0412\u0435\u043a\u0442\u043e\u0440|2017-10-11|0:06:11|0+ (0%)|3  &gt; \u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435 \u043e \u043d\u043e\u0432\u043e\u043c \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u043e\u043d\u043d\u043e\u043c...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=do7kkap\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v2.0.0"}
{"_id": "495242", "title": "", "text": "In this artice we are trying to show you what is QuickBooks Payroll Error 30159 and how to resolve it. For a technical help about this you can contact us at - https://www.wizxpert.com/quickbooks-payroll-customer-service/ or dial our helpline number +1 855 441 4417."}
{"_id": "495255", "title": "", "text": "I'd call it pretty worrisome.  HOOB is trading over the counter, in fact, on the pink sheets, so it has been delisted from the major exchanges.  It appears that it lacks recent financial disclosures.  You'll have to investigate to see if you think it's worth keeping, but trading is thin."}
{"_id": "495281", "title": "", "text": "Also, depending where you buy the car in the US, you have to pay property tax every year for just having purchased the car."}
{"_id": "495282", "title": "", "text": "\"It depends on other factors like your income, \"\"need\"\" and other assets.  Parents are expected to contribute 6% of their assets, students at least 35%. 529s and ESAs (which I think may be in the process of being phased out) count as parental assets, which may or may not be a good thing. If this is a significant chunk of money, you need to talk to a professional deeply familiar with the financial aid process. Colleges are rapacious for your money, and you can easily \"\"overpay\"\" for a child's education, particularly if you send your kid to a private school.\""}
{"_id": "495285", "title": "", "text": "I have a BA in Quantitative Economics. The only other two econ majors in my graduating class found GOOD work right away and 6 years later seem well onto their ways into a good careers. Same goes for one I knew the before us and one after. All but one of us had either a math or a stats minor.  I plan on returning to the industry later this year after teaching English abroad. Here is what I can tell you after reading tons of job postings and the experiences of my friends:  There is more demand now than ever, but demand is, as someone mentioned above, for a quantitative type. What I would like to say differently is that this doesn't have to be a deep mathematically based type of quantitative person like a quant. You could and should master the technology end of quantitative careers.  I strongly recommend taking a course that uses or teaches SAS for stats and/or SQL for relational database management. If you can get an internship in either of the two, especially the latter, then you should have numerous opportunities like a STEM major would. I would also reccomended learning some Python, especially for data science or management, and R, which is a programming language for data science. Anything else related to big data is good too.  The quantitative side of econ has been creeping into STEM for several years now and its respective career field should be viewed much more broadly than before.  Finally I'd like to share something I read on Gary Mankiw's blog a semester too late: test out various fields of work in econ while still in undergrad. See if you can get something quantitative like being a research assistant, something financial like investment banking, or something legal or political. Those categories might be a bit different today but I hope you got the point."}
{"_id": "495303", "title": "", "text": "That's not really the point. I, employer, am not necessarily responsible for my employees' life conditions. Perhaps I only intend the job to be a supplement, as in for students. I don't understand why people imagine the labor market, and the effects of price controls, to be different than in any other kind of market."}
{"_id": "495311", "title": "", "text": "\"&gt; but if a big box store were delicious and did not support people I would wager it would not survive for very long.  Good observation - not necessarily true, but it sounds good.  :)  I understand what you are saying, and generally agree with most of it.  None of it actually has to do with the intent of my comment, but does fit the situation in general.   My comment was addressing his specific statements about the fact that doing something illegal/unethical gives him pleasure, disliking society (not Target, but society in general).  But, not knowing anything specific about Target, I can't really say that they are so evil that they deserve to be targeted (sorry); I think that is usually just a rationalization for doing something that a person knows is wrong.  Same as doing harm to a person who you feel deserves it - if you look hard enough at any person, place, or thing, you can probably find some \"\"reason\"\" they/it deserves to be harmed.  But the simple fact that something needs to be rationalized makes me suspect that the rationalizer knows better - else, why rationalize in the first place?  I don't really know if big-box stores are evil or not.  I'd say there are positive and negative aspects, but I don't know about good vs evil.  I know that, for example, I don't particularly like Walmart, but I don't try to harm them, I simply avoid them.  But if they had something I wanted for a lot cheaper than anywhere else, I don't really know whether I would stand on my principles or not - how about you?  Edit:  Oh, about your first sentence, \"\"The justification for an act typically comes after the decision is made\"\".  I think that mainly applies to doing something questionable.  You don't need to justify eating your dinner, but you may need to justify eating someone else's dinner.\""}
{"_id": "495315", "title": "", "text": "Is it possible to move money from NRE to NRO account Yes you can move money from NRE to NRO without any issue. You can't do the other way round. i.e. Move money from NRO to NRE. I would like to move USD earning to NRE Yes you can further move money in NRE to NRO account Yes you can I am planning to give NRO account to HDFC Home loan for EMI processing Yes you can. Depending on your long term plan it may not be a good idea.  For example if you were to sell the house you cannot move the funds into NRE and outside of India without some amount of paperwork.  However if you pay the EMI via NRE account, on the sale of house, you can transfer the funds into NRE account to the extent of the loan paid and the Original downpayment [if made from NRE account]. also I can deposit money from other savings account to NRO; As an NRI, you can't hold ordinary savings account in India. This is violation of norms. Please have any/all savings account in India converted to NRO at the earliest."}
{"_id": "495321", "title": "", "text": "\"If you earn $160 a week for 26 weeks, are unable to claim yourself, have no other income at all, you will earn $4,160, which falls under the standard deduction, in your case a bit over $4,500; per publication 17, it is $350 above your earned income, to a maximum of $6300 as of 2016.  (H/t Hart CO for the reminder.) In that case, if you paid no taxes (at all) last year (either did not file or filed and had 0 tax paid, so got a 100% refund), you could legitimately claim \"\"exempt\"\" by writing that on line 7.   However, you would be very close to owing taxes, so if you have any unearned income (interest from bank accounts, dividends from your non-sheltered college fund, etc.), you would possibly owe taxes.  You're also going to owe taxes if you have another ~$2150 of earned income from any other source (including things like mowing lawns, tutoring, etc.). Keep all of that in mind if you have any other sources of income other than the above.\""}
{"_id": "495324", "title": "", "text": "I've been eagerly waiting for new global business models in the TV business. I hate it when they cancel a show due to low amount of viewers in the States, while there are a few billion people outside the States ready to pay for the show.   I'd happily pay that 1\u20ac per episode and if even some percents of the rest of the world are willing to do the same, the creators of the series earn much more than with any ad based revenue model."}
{"_id": "495325", "title": "", "text": "I agree with those sentiments mostly, but will add that US will still clearly lead in tech in the foreseeable future, particularly for data and computing, as well as aerospace and general research.  Another issue with China is that they are unable to globalize their businesses and tech the way US can because there is still a steep cultural barrier. The world still speaks English, not Chinese, so this will work heavily against China and their closed systems.  And until that can be supplanted, China will always be one step behind, even if they will be strong in every other aspect.  Also Trump is a temporary setback. The US may revitalize again under new leadership and galvanize themselves the way they did during and post world war. If the US wasn't so fucking lazy and irresponsible, they'd have every thing needed to be dominant the way they have been for so long, though this seems unlikely."}
{"_id": "495339", "title": "", "text": "\"not trying to be insulting, but i would contend your response should be the one dissected in econ 101.  why? because yours is the theory du jour among business interests and economic commentators in the media. the fact is that this brand of \"\"free market\"\" capitalism rests on a series of impractical assumptions.  first is that investors are perfectly rationale allocators of capital.  from this, that excess capital is invested - at all, let alone in a productive fashion.  next, that taxation (presumably what is considered \"\"high\"\") has caused unproductive investing practices, when in fact the inverse is true - decreases in effective income tax rates (personal and corporate) combined with the reduction of passive taxes (like the estate tax) have resulted in the incentive for investors to sit on their capital and do nothing to return it to the system.   finally, and perhaps most egregiously, that investing profits back into expansion and worker compensation is misallocation of resources. the entire article serves to demonstrate that this line of thinking is a self defeating concept. giving precedence to the relatively elite investor class ensures that capital is allocated according to their whims, and often times that simply means into their bank accounts. this starves the system.  so i don't expect to change your mind, but i would like others to know that what you are saying is widely debunked, chicago school nonsense that gets a lot of air time from self serving interests across popular media.  a few hours of unbiased research will make this evident. it is somewhat ironic that the theory has limited standing academically, as it works only in an academic/theoretical setting.\""}
{"_id": "495344", "title": "", "text": "You deduct expenses when you incur them (when you pay the hospital, for example). Medical expenses are deducted on Schedule A, subject to 7.5% AGI threshold. Financed or not - doesn't matter. The medical expense is deductible (if it is medically necessary), the loan interest is not."}
{"_id": "495351", "title": "", "text": "DCF only works with stable cash flows, a new tech company that does not have stable cash flows or even cash flows that are easy to ACCURATELY forecast is a poor candidate for DCF.  Comparables don't really work well in this space as the closest thing they would have is skype and other messager products.  The honest and true value of the acquisition is the value captured/saved by facebook from the decrease in competition and as facebook is in the advertising business, this gives them a way to stay in the lives of their users.  Facebook could argue, the core rationale for the acquisition was to stay current with their users keeping their core product attractive to their customers (advertisers)."}
{"_id": "495383", "title": "", "text": "These are the steps I'd follow: $200 today times (1.04)^10 = Cost in year 10.  The 6 deposits of $20 will be one time value calculation with a resulting year 7 final value. You then must apply 10% for 3 years (1.1)^3 to get the 10th year result.  You now have the shortfall. Divide that by the same (1.1)^3 to shift the present value to start of year 7. (this step might confuse you?) You are left with a problem needing 3 same deposits, a known rate, and desired FV. Solve from there.  (Also, welcome from quant.SE. This site doesn't support LATEX, so I edited the image above.)"}
{"_id": "495417", "title": "", "text": "I am a US citizen by birth only. I left the US aged 6 weeks old and have never lived there. I am also a UK citizen but TD Waterhouse have just followed their policy and asked me to close my account under FATCA. It is a complete nightmare for dual nationals who have little or no US connection. IG.com seem to allow me to transfer my holdings so long as I steer clear of US investments. Furious with the US and would love to renounce citizenship but will have to pay $2500 or thereabouts to follow the US process. So much for Land of the Free!"}
{"_id": "495418", "title": "", "text": "Use TWIRR (aka TWRR). Time Weighted rate of return. It's sort of the opposite of XIRR. XIRR results change dramatically depending on the timing of the cashflows. It might be useful to also model returns that are unaffected by the timing. This is how funds report returns, and this number allows you to compare to funds and indices. During periods of steady deposits, XIRR will continually understate performance. And in retirement, when you have steady withdrawals, XIRR will overstate. TWRR is talked about here: http://www.dailyvest.com/PRR/prr_calcmethods.aspx#twrr I've made a simple spreadsheet that you can use as a starting point, if you like: http://moosiefinance.com/static/models/spreadsheets.html (top entry in the list)"}
{"_id": "495431", "title": "", "text": "\"There are services that deal specifically with these situations, boostcredit101.com is one I've personally had a good experience with though there are plenty out there. What they do is add you as an authorized user to a credit card with a high limit, low balance, and perfect payment history. This \"\"boosts\"\" for about 30 days while you remain listed as a user on that account, which allows you to qualify for your own card or other kind of loan in that time and helps you start rebuilding your credit. I've even heard of people doing this to qualify for a home loan, though the home loan industry is typically aware of this \"\"trick\"\".\""}
{"_id": "495433", "title": "", "text": "\"The people who benefit are large engineering and construction companies, manufacturers of construction equipment, bankers and lawyers.  So in the world of realpolitik that we live in, the misery of millions of \"\"other people\"\" is spun as a net benefit, because \"\"we\"\" benefit from that misery.\""}
{"_id": "495441", "title": "", "text": "Oh dear, this corrupt toad and his family were most beneficial for the Indians, rumored to have sugar mills and financial interests in India.  His departure and weak leadership aimed at increasing his own personal wealth will be quite a blow to India.  Ahhhh . .Pakistan . .always in the thick of it, with nuclear weapons.  Soon, after the example of North Korea and Pakistan, which would long have gone the way of Libya, Iraq, Syria, Afghanistan, but for Nuclear weapons, it seems inevitable that the Middle east beginning with Iran will go nuclear, it is the only viable option vs the US Israel nexus.  Then I guess Zionism will move to California, it already has control of the white house."}
{"_id": "495463", "title": "", "text": "Startup costs are amazingly high.  Running fiber to individual houses takes a lot of labor.  Another problem you don't hear too much about is the legal side.  I don't mean carriers fighting cities, etc.  I'm a lawyer and there's a complex legal side when it comes to easements.  An easement is a way to allow others access to your real property, or land.  This is a complex subject, so I'll skim it a little.  You can have an easement for a variety of reasons, one of them would be utilities.  The gas, water and electric companies usually have an easement to fix/repair on a property.  So if a storm knocks over a power pole, they can go onto the property to fix it without trespassing or needing special permission.  You can also have an easement if, for example, you own a piece of land that is blocked by another piece of land from access to a road.  You can have an easement granting you a driveway across the land that blocks you.  There are many more examples and lots and lots of rules for easements, but you get the picture.  When you set up a big fiber network, you are going to need easements to run it around and to be able to go onto properties to fix it.  This is complex, takes a long time, money is often exchanged for easements, and they have to be recorded with the county.  This takes a lot of time and money.  That's not all.  You usually have to go through permitting with the city and then you have to figure out where to run it.  Can you use utility poles?  Maybe the existing poles won't work and you'll have to install new ones.  If you want to underground it, you're going to have to do all the permitting and easements, then you're going to have to look into shutting down streets to work, you're going to have to find all the underground sewer, water, gas, and other utility lines so you don't accidentally cut into them, there will be environmental regulations, and you're going to have to resurface/restore where you were digging.  And I've probably left a few things out.  This stuff is complex, expensive and takes a long time.  A company like Google can afford it because they can lay out cash for a few years before it starts generating revenue.  Personally, I think the federal government needs to get involved.  The feds were involved in electrification and running telephone service.  I don't think this is any different.  It also would help the federal government, as well as state, county and city governments - they all need communication networks, too.  I would build an agency like the old WPA or CCC to deploy fiber across America.  It would take several years, but this is one of those government projects that would produce results, just like how electrification did."}
{"_id": "495465", "title": "", "text": "\"The Model S is comfortable, luxurious and it feels substantial on the road. And it is fast. Like supercar fast.  \"\"2013 Tesla Model S: It Sells Itself\"\"  \"\"I'm going to miss our Model S. It wasn't perfect, but it was like nothing else out there. Take heart, Tesla fans: Sometime in early 2015, we will be one of the first to buy a Model X.\"\"  \"\"Bear in mind that the experiences with our test cars are purely anecdotal and never factor into our reliability ratings. After all, it's a sample size of one.\"\"  \"\"the Model S earned Consumer Reports\u2019 recommendation\"\"  \"\"Car nut or not, EV fan or not, everyone has raved about this car, impressed with its smoothness, effortless glide, and clever, elegant simplicity\"\"  \"\"One of the cool things about this car is that when it does need to be serviced by a mechanic, a company rep comes with a trailer and picks it up, delivering it back when the work is done\u2014all free. \"\"  I could go on.  Or you could just try actually reading the reviews.\""}
{"_id": "495467", "title": "", "text": "The IRS' primary reference Pub 519 Tax Guide for Aliens -- current year online (current and previous years downloadable in PDF from the Forms&Pubs section of the website) says NO: Students and business apprentices from India.   A special rule applies .... You can claim the standard deduction .... Use Worksheet 5-1 to figure your standard deduction. If you are married and your spouse files a return and itemizes deductions, you cannot take the standard deduction. Note the last sentence, which is clearly an exception to the 'India rule', which is already an exception to the general rule that nonresident filers never get the standard deduction. Of course this is the IRS' interpretation of the law (which is defined to include ratified treaties); if you think they are wrong, you could claim the deduction anyway and when they assess the additional tax (and demand payment) take it to US Tax Court -- but I suspect the legal fees will cost you more than the marginal tax on $6300, even under Tax Court's simplified procedures for small cases."}
{"_id": "495469", "title": "", "text": "\"Great, that's between you and him. I'm not arguing that point.   &gt;That being said, plenty of businesses, start-ups especially burn through more money than they make. The lack of profit doesn't necessarily make them a failure provided they are still generating revnue, which Tesla is, and a lot of it.  So Tesla, a company that has now existed for 14 years, is still considered a \"\"start up?\"\"   &gt;So, if you'd like to have a discussion about whether they're making enough revenue,  That's easy. No. Income statement shows that.   &gt;or whether they're poorly re-investing the revenue they are making, and how those factors might determine whether or not they should be considered a failure, then I'd be happy to participate.  Any other arguments you want to pretend I personally made, or is that all of them?  &gt;But if you're only interested in making replies that try to condecend to me because you're too quick to jump to conclusions about what I've written, then have at it I guess. Whatever floats your boat.  It is kind of fun, considering no one seems to know how to read a fucking income statement around here.\""}
{"_id": "495473", "title": "", "text": "\"an account balance is your total in the account.  The word balance means \"\"to be equal\"\". The use in finance stem from accounting. However you do not need to know why its called a balance to understand that a balance is equal to something. IE: your \"\"account balance\"\" is your total account weather its savings, electric bill, or investment portfolio. A position in your investment portfolio is what you are invested in. IE: If I went 100 shares long(I bought) Apple then I have a 100 share position in Apple. Your position is added to your account balance within your investment portfolio.\""}
{"_id": "495482", "title": "", "text": "If you've been paying on the car for three years, it's possible that your credit is in a place where you don't need a co-signer any more. See if your bank will re-fi with you as the sole debtor.  If they won't do it, find another institution who will.  The re-fi will take your grandpa off the loan, and whichever institution that does the re-fi will still have a lien on the title until you pay it off.  Then, if you can do this soon enough, figure out if grandpa can sign you off the title."}
{"_id": "495540", "title": "", "text": "&gt; Just because we ASK for a 10 doesn't mean we expect to HIRE a 10  Just because you think you're going to hire me at $XX,xxx doesn't mean someone else isn't going to pay me $XXX,xxx.  &gt;  Lesson: Just apply for that damn job.   Thanks, but I'm going to be applying where my time isn't wasted."}
{"_id": "495556", "title": "", "text": "\"&gt; If you have five to eight dictators fighting at once   You will quickly see these 5 to 8 dictators mutually come to the conclusion that it is not in their interests to \"\"fight it out\"\", but rather, support each other and prevent new-comers. Or, you will see mergers as we saw in the accounting and banking fields. You both knock out a competitor AND increase your market share in the process.   This becomes similar to a government-sanctioned monopoly, but instead of one firm, you have 6 or 8, each recognizing that they've got a great position as gatekeepers and rent-seekers.   This is similar to how the healthcare and insurance companies really don't DO very much except extract money. They over-bill the hospitals, then over-bill the customers, and profit the huge margins.  Or how the government used to do student loans, then instead outsourced to the big banks to do it. Then recently they determined that hte big banks were taking tens of billions of dollars in profit for \"\"running\"\" the program. That's tens of billions of dollars of wealth simply extracted from our taxes.   This is why the government under Obama decided to kick out the banker middle-men and simply issue the exact same loans with the exact same rules,a ll by themselves. Why outsource to a middleman when you can run the exact same program with tons less overhead?  It's also the reason single-payer healthcare is tons more efficient over the current model, and would save our country trillions over the looong term.   Not to mention, the democratization of currency you envision is truly ephemeral, a mirage. The firms the government chooses as suited enough to pay taxes basically means the government still has the final decision on which \"\"currency\"\" (bonds) to accept. What if the government then decides only ONE corp is suited to do this job, or only two? Then it's functionally no different than teh current situation.   Right now, the world buys USD bonds at extremely low interest rates, and this helps fund our government and keeps our nations costs very low. Under your scenario, the government is saying \"\"We accept bonds from X, Y, or Z\"\", and so instead the world runs out to buy XYZ bonds at extremely low interest rates.  Instead of giving our country the funding it needs, we're actually giving XYZ corps the low interest rates.  This is basically the same downfall of letting the big banks run the student loan program:  it gives the firms more power, the government less power, costs us more tax dollars, and gives those firms an undeserved higher place on the food chain.   I quite simply disagree with it. I would rather our government print the bonds themselves and take the benefit of the low cost of borrowing, rather than giving XYZ corps more favorable funding to continue world-wide expansion and takeover.   Furthermore, if XYZ corps are approved by the government for paying tax dollars, what do we do in the case of a fiscal emergency such as 2007 when AIG basically went bankrupt in a period of only a few months? Of course this would be SURE to happen only right AFTER tax day, AFTER the entire country buys AIG bonds, pays the government in AIG bonds, and the executives of AIG pay themselves HUGE bonuses. Then they go bankrupt, and the government is left holding ALL the IOU's which are worthless.   And of course, traders, hedgers, goldman sachs, etc, would all know AIG was about to get fucked and would make trillions while the US Gov received all tax receipts in worthless paper.  The fact is, with the speed big companies can fall down under the weight of their own contradictions, the danger is all too real that a full year of tax receipts simply disappears.\""}
{"_id": "495558", "title": "", "text": "This chart is full of shit. Iraq War costs barely register a blip.   [From NYT article](http://www.nytimes.com/2009/02/20/us/politics/20budget.html)  *WASHINGTON \u2014 For his first annual budget next week, President Obama has banned four accounting gimmicks that President George W. Bush used to make deficit projections look smaller. The price of more honest bookkeeping: A budget that is $2.7 trillion deeper in the red over the next decade than it would otherwise appear, according to administration officials.*"}
{"_id": "495568", "title": "", "text": "Since you work there, you may have some home bias. You should treat that as any other stock. I sell my ESPP stocks periodically to reduce the over allocation of my portfolio while I keep my ESOP for longer periods."}
{"_id": "495574", "title": "", "text": "Can't have a mobile workforce when you're tied to your desk because of your phone. Also why have a phone meeting when you can use Skype.   The company I work for has plans to get rid of landlines as well. I still have one but the only calls I get are unsolicited sales calls."}
{"_id": "495595", "title": "", "text": "If your payment schedule would have you pay the car off after 11 months then you might be best served by leaving a small final payment for July.  The loan will appear on your credit for 7 years but the bump to your score will be reduced more after 2 years if you pay it off in less than 12 months.   If you would have several payment left after you have the ability to pay it off then just pay it off.  The reduction is not severe or worth the price of interest unless you have <1%. Unused credit has an attrition factor.  If you continue to use your credit in a healthy way (>0 <20% balance, no late payments, long term accounts) then you should not even realize much of a negative change."}
{"_id": "495600", "title": "", "text": "\"Question 1: How do I start? or \"\"the broker\"\" problem Get an online broker.  You can do a wire transfer to fund the account from your bank. Question 2: What criticism do you have for my plan? Dividend investing is smart.  The only problem is that everyone's currently doing it.  There is an insatiable demand for yield, not just individual investors but investment firms and pension funds that need to generate income to fund retirements for their clients.  As more investors purchase the shares of dividend paying securities, the share price goes up.  As the share price goes up, the dividend yield goes down.  Same for bonds.  For example, if a stock pays $1 per year in dividends, and you purchase the shares at $20/each, then your yearly return (not including share price fluctuations) would be 1/20 = 5%.  But if you end up having to pay $30 per share, then your yearly return would be 1/30 or 3.3% yield.  The more money you invest, the bigger this difference becomes; with $100K invested you'd make about $1.6K more at 5%.  (BTW, don't put all your money in any small group of stocks, you want to diversify).  ETFs work the same way, where new investors buying the shares cause the custodian to purchase more shares of the underlying securities, thus driving up the price up and yield down.  Instead of ETFs, I'd have a look at something called closed end funds, or CEFs which also hold an underlying basket of securities but often trade at a discount to their net asset value, unlike ETFs.  CEFs usually have higher yields than their ETF counterparts.  I can't fully describe the ins and outs here in this space, but you'll definately want to do some research on them to better understand what you're buying, and HOW to successfully buy (ie make sure you're buying at a historically steep discount to NAV [https://seekingalpha.com/article/1116411-the-closed-end-fund-trifecta-how-to-analyze-a-cef] and where to screen [https://www.cefconnect.com/closed-end-funds-screener] Regardless of whether you decide to buy stocks, bonds, ETFs, CEFs, sell puts, or some mix, the best advice I can give is to a) diversify (personally, with a single RARE exception, I never let any one holding account for more than 2% of my total portfolio value), and b) space out your purchases over time.  b) is important because we've been in a low interest rate environment since about 2009, and when the risk free rate of return is very low, investors purchase stocks and bonds which results in lower yields.  As the risk free rate of return is expected to finally start slowly rising in 2017 and gradually over time, there should be gradual downward pressure (ie selling) on the prices of dividend stocks and especially bonds meaning you'll get better yields if you wait.  Then again, we could hit a recession and the central banks actually lower rates which is why I say you want to space your purchases out.\""}
{"_id": "495642", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/utricksblog] [What is the best way to move my LLC to another State?](https://np.reddit.com/r/UtricksBlog/comments/70psch/what_is_the_best_way_to_move_my_llc_to_another/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "495661", "title": "", "text": "I would agree this is probably a battery factory.   Tesla gets much of its battery components from the Congo where women and children work in mines for pennies a day. They develop iron lung because there\u2019s no ventilation.   Then the minerals are processed in China. By doing so, Tesla is abstracted from any of the unethical practices going on in the Congo and pretends they know nothing about the hellish conditions.  https://www.amnesty.org/en/latest/news/2016/01/Child-labour-behind-smart-phone-and-electric-car-batteries/"}
{"_id": "495662", "title": "", "text": "Manual Antonio is a beach city situated in the Costa Rica. Here's something for everyone here - beaches, hiking, wildlife, great restaurants, yoga, surfing, and so much more. Book your Manual Antonio beach house rentals with vista Hermosa estate, so if you are planning to come to the country for adventure sports. This is very Famous all over the world for their beauty and diversity."}
{"_id": "495697", "title": "", "text": "On your first point, banks (or any large company) is primarily concerned with maintaining profits. I'm very familiar with this dynamic in media with broadcast vs streaming. They will try hard to charge as much as possible to sustain the stock price, while competitors will be as aggressive as possible to capture market share. This always happens with every industry that gets disrupted. The new entrants will permanently eat away at bank profits, whether they adapt or not.   No comment on your second point. Possibly true, but I don't personally assume that yet."}
{"_id": "495698", "title": "", "text": "For one coin flip, the expectation is 0.5,the standard deviation is 0.5, and the variance is 0.25.  Variance and expectation are additive, so for 100 coins the mean is 50 and the variance is 25, so the standard deviation is 5.   60 coin flips is a 2 standard deviation outlier. You get 2 standard deviation events about 4.5% of the time. Notice that this outcome is two standard deviations on only one side, so you'll see the result only about 2% of the time.   I implicitly used the facts that binomial distribution is approximately normal and that the coin flips are independent."}
{"_id": "495699", "title": "", "text": "I wouldn't pay down your mortgage faster until you have a huge emergency fund.  Like two years' worth of expenses.  Once you put extra money toward principal you can't get it out unless you get a HELOC, which costs money.  You're in a position now to build that up in a hurry.  I suggest you do so. Your mortgage is excellent.  In the land of inflation it gets easier and easier to make that fixed-dollar payment: depreciating dollars. You seem like a go-getter.  Once you have your huge emergency fund, why not buy a few websites and monetize the heck out of them?  Or look for an investment property from someone who needs to sell desperately? Get a cushion that you can do something with."}
{"_id": "495701", "title": "", "text": "Boston makes the most sense to me.  Lots of talent, tons of new development in the City, but a huge metropolitan area with a lot suburban land they could make into a huge campus.  Issue will be taxes though.  They could put it in New Hampshire and still be within 45 minutes of Boston."}
{"_id": "495710", "title": "", "text": "\"Hi there, I'm a Tesla owner. I think, for the Model S and X segment currently buying cars, you're right. Environmentalism isn't the first and foremost thing in their mind. However, that isn't to say being environmentally conscious isn't a credit they should receive for their purchase, because other informing factors, like charging at home instead of needing to refuel, is a perk AND it reduces oil/gas usage. I didn't buy my car to \"\"lower my carbon footprint\"\", as buying an EV doesn't necessarily do so in the big picture. I do, however, LOVE the fact I can charge my car at home and never visit a gas station. Every day, I get in my car with a \"\"full tank\"\", and I'm one less paying customer at the pump.   As far as a status symbol, for me, it's the opposite. I don't want a showy, iconic vehicle that people will gawk at me over. I'm fairly low key, I'd rather not have the attention. I just needed/wanted a car with great interior cargo space, but was an electric vehicle I could charge at home. The Chevy Bolt, VW eGolf, Fiat 500e, and other EV options didn't fit the bill for me. Also, and most importantly, I wanted a vehicle that's future proofed (at least for a few years) to offer full self driving capability the moment it was allowed. Tesla became the icon for offering attractive electric vehicles at a time when most available options looked phoned in.  Remember what you said in your first post: \"\"$500,000,000 loan for a car they've never seen and many won't receive for well over a year?\"\" A lot of people, myself included, never saw the \"\"official prototype\"\" until after we made our reservations on March 31, 2016. So the notion that it's purely an icon seems incomplete. I will say this, though: as soon as other auto makers take the EV market seriously, and design cars that actually look attractive, I think you'll see the Tesla demand drop for those who are looking for EV options pure and simple.  I think, in the next few years, as more EV makers step up, what will differentiate the vehicles is the underlying tech in the car first and foremost, closely followed by design aesthetic. Tesla will retain buyers if they beat everyone to market with an available, fully self-driving capable vehicle, but they'll see some of that market shift away if other makers break in.\""}
{"_id": "495715", "title": "", "text": "Means A has a much higher level of interest payments dye to either higher debt or higher cost of debt (or combination of both). MM theory suggests higher debt in a capital structure due to the tax shield but you need to consider if A's debt level is appropriate or too high and what that says about your company."}
{"_id": "495717", "title": "", "text": "\"Sorry in advance, but this will be long.  Also, it sounds like your friend is a tool. I hope this \"\"friend\"\" is not also your financial advisor... they would be encouraging you to make a very poor investment decision. They also don't know how to do financial math.  For what it's worth, I am not wrong. I have correctly answered a set of changing questions as you have asked them... Your friend is answering based on a third, completely different investment model, which you proposed in the edit to your last post. If that's what you meant all along, then you should have been more clear in the questions you were asking.  Please let me layout the following: How the previous questions//investment proposals were built How to analyze this current proposal What your other option is Why the other option is best in a 'real world' market The First Question My understanding of the initial proposal was to take out a $10,000 loan, invest the proceeds, and expect to not have any money of your own tied up in this. Because that OP did not specify that this is an interest-only loan (you still haven't in any of your questions), the bank will require you to make payments back to them each month that include principal and interest.  Your \"\"friend\"\" is talking about the total interest paid being the only cost of a loan. While that is (almost) true, regardless of what your friend says, significantly more cash is involved in making sure that all the payments are made on time---unless you set up an interest-only loan. But with the set up laid out in this post, and with the assumptions I specified there, the principal payments must be included because the borrower has to pay back the bank and isn't not tying up any of their own money.  In that case, my initial analysis is correct--your breakeven is in the low teens for an annual required return.  The Second Proposal Your second proposal... before any edits... refined things a little bit, to try to capture the any possible returns by not selling something. As I indicated there, (with what was an exaggerating assumption), the lack of clarity makes for an outlandish required return.  The Second Proposal...with edits, or the one proposed above I will get to the one proposed above in a second, but first let me highlight a few problems with your friend's analysis.  Simple interest: the only place (in the US at least) that will lend with simple interest is student loans. Any loan that you actually take out will be compound interest.  Not an interest only loan: your \"\"friend\"\" is not calculating interest correctly. Since this isn't an interest-only loan, the principal balance will reduce every time you make a payment, by ~$320-$340 each month. This substantially reduces the total interest paid, to $272.79 over the total 24 months.  \"\"Returns\"\": I don't know what country, or what business your friend works in, but \"\"returns\"\" are a very ambiguous concept. Investopedia defines returns as gains or losses. (I wish I could inhabit the lala land that your friend lives in when returns are always positive). TheFreeDictionary.com defines a return for finance as \"\"The change in the value of a portfolio over an evaluation period, including any distributions made from the portfolio during that period.\"\"  When you have not made it clear that any other money is being used in this investment plan (as was the case in scheme #1 and scheme #2a,) the loan still has to be paid. So, clearly the principal must be included in the return calculations.  How to evaluate this proposed investment scheme Key dimensions: Loan ($8,000 ... 24 months ... 0.27% monthly rate... monthly compounding... no loan origination fees) Monthly payment (PMT in Excel yields $344.70). Investment capital (starting = $8,000) Monthly Return (Investment yields... we hope it's positive!)  Your monthly contribution from your salary Taxes = 10%. Transaction Fees = $20  Go and lookup how to build an amortization table for a loan in Excel. Your life will be infinitely better for it.  Now, you get this loan set up and invested into something... (it costs $20 to buy the assets).  So you've got $7980 chugging away earning interest. I calculate that your break even, with you paying in $344.70 of your own money each month is 1.81% annually, or 3.42% over the 24 month life of this scheme. That is using monthly compound interest for the payments, because that's what the real world would use, and using monthly compounding of the investments' returns.  Your total interest expense would be $272.79.  This seems feasible. But let's talk about what your other option is, given that you're ready to spend $344.70 each month on an investment.  Your other option  I understand the appeal of getting $8,000... right away... to invest in something. But the risk behind this is that if the market goes down (and markets do) you're stuck paying a fixed amount for your loan that is now worth less money.  Your other option is to take your $344.70, and invest it step-by-step. (You would want to skip a month or two buying assets in the market, so that you can lessen transaction costs). This has two advantages: (1) you save yourself $272 in interest. (2) When the market goes down, you still win.  With this strategy, you still win when the market goes down because of what is commonly called \"\"dollar cost averaging\"\". When the market is up, your investments are also up. When the market goes down, your previous investments decrease in value but you can invest new money at the lower rates.  Why the step-by-step, invest your own money strategy is better At low rates (when you're looking for your break-even), the step-by-step model outperforms the loan. At higher rates of return (~4% + per year), you get the benefit of having the borrowed money earning more gains.  In fact, for every continuous (meaning set... not changing month-to-month) interest rate that you can dream up that is greater than about 4% per year, the borrowed money earns more.  At 10% per year, the borrowed money will earn about $500 more over the 2 years than your step by step investment would.  BUT I recognize that you might feel like the market will always go up. That's what everyone thinks. And that's alright.  But have one really bad month, or a couple of just-not-great-months, and your fixed 'loan' portfolio will underperform. Have a few really bad months, and your portfolio could be substantially reduced in value... but you would still be paying the same amount for it each month.  And if that happened (say your assets declined -3% in 3 of the 24 months...) You'd be losing money relative to the step-by-step portfolio.\""}
{"_id": "495728", "title": "", "text": "\"Thanks, but I'm concerned I don't have enough math/programming to do serious quant work. I could learn it for sure, but it'd take some time. So wherever I'd work for would have to be patient with me as I learn. Edit: by \"\"consulting firms\"\", are you talking about, e.g., McKinsey and BCG? I think I must be mistaken - could you offer 1 or 2 examples of such firms?\""}
{"_id": "495742", "title": "", "text": "\"Speaking as a returned Peace Corps volunteer from another major cotton-producing African country, I'd like to add that what is shunned as \"\"child labor\"\" in Western countries is totally acceptable, indeed the norm, in most African societies. You would be hard-pressed to find a clothing producer whose cotton supplies completely sidestep this phenomenon, mostly because doing so would increase costs to a totally unsustainable level, and no one in America or Europe is going to pay $100 for the lowest-end jeans or sweatshirt you find in Walmart.\""}
{"_id": "495751", "title": "", "text": "\"This might not be the answer you are looking for, but the alternative to \"\"don't patronize these merchants\"\" is this: DO patronize these merchants, and pay cash.   Credit cards are convenient.  (I use a credit card often.)  However, there is no denying that they cost the merchants an incredible amount in fees, and that our entire economy is paying for these fees.  The price of everything is more than it needs to be because of these fees.  Yes, you get some money back with your rewards card, but the money you get back comes directly from the store you made the purchase with, and the reward is paid for by increasing the price of everything you buy.  In addition, those among us that do not have the credit score necessary to obtain a rewards card are paying the same higher price for goods as the rest of us, but don't get the cash back reward. Honestly, it seems quite fair to me that only the people charging purchases to a credit card should have to pay the extra fee that goes along with that payment processing.  If a store chooses to do that, I pay cash instead, and I am grateful for the discount.\""}
{"_id": "495774", "title": "", "text": "I am sorry for your loss, this person blessed you greatly.   For now I would put it in a savings account.  I'd use a high yield account like EverBank or Personal Savings from Amex.  There are others it is pretty easy to do your own research.  Expect to earn around 2200 if you keep it there a year.   As you grieve, I'd ask myself what this person would want me to do with the money.  I'd arrive at a plan that involved me investing some, giving some, and spending some.  I have a feeling, knowing that you have done pretty well for yourself financially, that this person would want you to spend some money on yourself.  It is important to honor their memory. Giving is an important part of building wealth, and so is investing.  Perhaps you can give/purchase a bench or part of a walkway at one of your favorite locations like a zoo.  This will help you remember this person fondly.  For the investing part, I would recommend contacting a company like Fidelity or Vanguard.  The can guide you into mutual funds that suit your needs and will help you understand the workings of them.  As far as Fidelity, they will tend to guide you toward their company funds, but they are no load.  Once you learn how to use the website, it is pretty easy to pick your own funds.   And always, you can come back here with more questions."}
{"_id": "495785", "title": "", "text": "I have a visa with Scotiabank and I purposefully keep a negative balance at times. The guy at the bank said it was a great idea. I have never received a cheque, nor do I want one. The reason is that it allows me to make quick purchases without having to worry about paying back and due dates. Only with large purchases do I allow myself to do that. I still check in with my account every once in a while just to make sure everything is all right. It allows for good money management and piece of mind. I have been doing it for a couple of years and have not been penalized at all. (Wouldn't really make sense to do so though.)"}
{"_id": "495787", "title": "", "text": "Q Coast Homes is a family owned and operated business on the Gold Coast with over 35 years comprehensive experience and knowledge within the building industry nationally. We sell House and Land Packages in South East QLD. Deal direct with the owner/builder of the company. We are flexible with our designs and also do custom builds. We build quality homes for sale in South East Queensland to the residential and investment markets and pride ourselves on our attention to detail together with the ability to provide individual personalised service to our clients."}
{"_id": "495791", "title": "", "text": "No, they certainly are not compensated the same way.  Some are paid by commission that they earn from the products they sell (ie, certain mutual funds, insurance, etc.)  Others are paid for their advice based on an hourly fee, or a percentage of the portfolio you have to invest. This is a great question, because too many of us just assume that if someone is in the business, they will give trustworthy advice.  This may certainly be the case, but think about it, the financial planner at your bank (who also is a mutual fund specialist - just flip that handy business card over) is employed by Bank X.  Bank X sells mutual funds, GIC's, insurance, all kinds of great products.  That Bank X employee is not likely to tell you about products from Bank Z down the street that might be a better fit for you. Find a fee based planner, someone you can pay by the hour for advice, and let them help you review products across the industry.  It's like asking your bank for mortgage advice...they will discuss the options THEY offer, but may not tell you about a deal down the street.  Using a mortgage broker helps you find the best deal across the board. I believe the current issue of Moneysense magazine has an insert discussing planners.  Their magazine and website (www.moneysense.ca) are good sources of reliable, Canadian financial advice."}
{"_id": "495812", "title": "", "text": "\"what the hell is \"\"fair inequality\"\"?     In order for inequality to be justified, there needs to be constant growth in the economy such that the ones pulling away and getting rich are producing better products, services, or inventing more efficient ways to bring products to market.   Unfortunately, more of the rich are turning to rent-seeking methods to increase their wealth, thus it becomes zero sum at that point because they are taking more wealth for themselves without actually adding any value, economically, to society.     Currently our growth is anemic yet the very wealthy keeps pulling farther and farther away from the pack as far as total wealth.  This is why as they get richer, the rest of us are getting poorer.\""}
{"_id": "495826", "title": "", "text": "Well first of all which Asian currency are you talking about,why i ask is because some Asian currencies are not fully convertible.So a bank may not accept them. So first you need to find out if they are fully convertible or not,if not then the best thing you can do is find a travel agent who have tourist packages to that country and they will buy,as they can later sell it to people going to that country."}
{"_id": "495827", "title": "", "text": "\"Its not for US citizens - its for US residents. If the US considers you as a tax resident - you'll be treated the same as a US citizen, regardless of your immigration status. The question is very unclear, since it is not mentioned whether your US sourced income \"\"from the Internet\"\" is sales in the US, sales on-line, services you provide, investments, or what else. All these are treated differently. For some kinds of US-sourced income you should have paid taxes in the US already, regardless of where you physically reside. For others - not. In any case, if you become US tax resident, you'll be taxed on your worldwide income, not only the $10K deposited in the US bank account. ALL of your income, everywhere in the world, must be declared to the US government and will be taxed. You should seek professional advice, before you move to the US, in order to understand your responsibilities, liabilities and rights. I suggest looking for a EA/CPA licensed in California and experienced with taxation of foreigners (look for someone in the SF or LA metropolitan areas). Keep in mind that there may be a tax treaty between the US and your home country that may affect your Federal (but not California) taxes.\""}
{"_id": "495832", "title": "", "text": "&gt;where does Keynesian economics say that there is no demand?  Keynesian economists, like Paul Krugman, say so.  If the correct application of Keynesian economics says the US has insufficient demand, while the country's balance of payments has a deficit of several hundred billion dollars a year, then the theory is seriously wrong. OTOH, if there is no lack of demand while unemployment is high then the theory is also wrong.  Where is the right interpretation of Keynesian economics that would account for both a sluggish economy and a big balance of payments deficit?  The only explanation I can imagine is that production costs are too high."}
{"_id": "495864", "title": "", "text": "So. You might be looking at the world of investing after tax deductions are gone. Buy index funds, or a few stable stocks of your choice. (Index funds have minimal turnover, so you won't realize as many uncontrollable tax events throughout the year). The top long-term capital gains rate is presently 15% (will it go up to 20% soon? who knows! it might. That's up to Congress and Obama, really.) If you can control when you realize it (say, in a year when you don't have a lot of other income) the tax consequences aren't toooo horrible. (It also helps if you live in a state that doesn't tax the gains themselves, e.g. not California?) Or buy real estate, if you don't own the house where you live already (and your lifestyle permits). You shouldn't expect impressive capital appreciation, but you don't have to pay tax on the imputed rent (the rent money you avoid paying by owning the place yourself)."}
{"_id": "495874", "title": "", "text": "\"The two questions inherent in any decision to purchase an insurance plan is, \"\"how likely am I to need it?\"\", and \"\"what's the worst case scenario if I don't have it?\"\". The actuary that works for the insurance company is asking these same questions from the other end (with the second question thus being \"\"what would we be expected to have to pay out for a claim\"\"), using a lot of data about you and people like you to arrive at an answer. It really boils down to little more than a bet between you and the insurance company, and like any casino, the insurer has a house edge. The question is whether you think you'll beat that edge; if you're more likely than the insurer thinks you are to have to file a claim, then additional insurance is a good bet. So, the reasons you might decide against getting umbrella insurance include: Your everyday liability is low - Most people don't live in an environment where the \"\"normal\"\" insurance they carry won't pay for their occasional mistakes or acts of God. The scariest one for most is a car accident, but when you think of all the mistakes that have to be made by both sides in order for you to burn through the average policy's liability limits and still be ruined for life, you start feeling better. For instance, in Texas, minimum insurance coverage levels are 50/100/50; assuming neither party is hurt but the car is a total loss, your insurer will pay the fair market value of the car up to $50,000. That's a really nice car, to have a curbside value of 50 grand; remember that most cars take an initial hit of up to 25% of their sticker value and a first year depreciation of up to 50%. That 50 grand would cover an $80k Porsche 911 or top-end Lexus ES, and the owner of that car, in the U.S. at least, cannot sue to recover replacement value; his damages are only the fair market value of the car (plus medical, lost wages, etc, which are covered under your two personal injury liability buckets). If that's a problem, it's the other guy's job to buy his own supplemental insurance, such as gap insurance which covers the remaining payoff balance of a loan or lease above total loss value. Beyond that level, up into the supercars like the Bentleys, Ferraris, A-Ms, Rollses, Bugattis etc, the drivers of these cars know full well that they will never get the blue book value of the car from you or your insurer, and take steps to protect their investment. The guys who sell these cars also know this, and so they don't sell these cars outright; they require buyers to sign \"\"ownership contracts\"\", and one of the stipulations of such a contract is that the buyer must maintain a gold-plated insurance policy on the car. That's usually not the only stipulation; The total yearly cost to own a Bugatti Veyron, according to some estimates, is around $300,000, of which insurance is only 10%; the other 90% is obligatory routine maintenance including a $50,000 tire replacement every 10,000 miles, obligatory yearly detailing at $10k, fuel costs (that's a 16.4-liter engine under that hood; the car requires high-octane and only gets 3 mpg city, 8 highway), and secure parking and storage (the moguls in Lower Manhattan who own one of these could expect to pay almost as much just for the parking space as for the car, with a monthly service contract payment to boot). You don't have a lot to lose - You can't get blood from a turnip. Bankruptcy laws typically prevent creditors from taking things you need to live or do your job, including your home, your car, wardrobe, etc. For someone just starting out, that may be all you have. It could still be bad for you, but comparing that to, say, a small business owner with a net worth in the millions who's found liable for a slip and fall in his store, there's a lot more to be lost in the latter case, and in a hurry. For the same reason, litigious people and their legal representation look for deep pockets who can pay big sums quickly instead of $100 a month for the rest of their life, and so very few lawyers will target you as an individual unless you're the only one to blame (rare) or their client insists on making it personal. Most of your liability is already covered, one way or the other - When something happens to someone else in your home, your homeowner's policy includes a personal liability rider. The first two \"\"buckets\"\" of state-mandated auto liability insurance are for personal injury liability; the third is for property (car/house/signpost/mailbox). Health insurance covers your own emergency care, no matter who sent you to the ER, and life and AD&D insurance covers your own death or permanent disability no matter who caused it (depending on who's offering it; sometimes the AD&D rider is for your employer's benefit and only applies on the job). 99 times out of 100, people just want to be made whole when it's another Average Joe on the other side who caused them harm, and that's what \"\"normal\"\" insurance is designed to cover. It's fashionable to go after big business for big money when they do wrong (and big business knows this and spends a lot of money insuring against it), but when it's another little guy on the short end of the stick, rabidly pursuing them for everything they're worth is frowned on by society, and the lawyer virtually always walks away with the lion's share, so this strategy is self-defeating for those who choose it; no money and no friends. Now, if you are the deep pockets that people look for when they get out of the hospital, then a PLP or other supplemental liability insurance is definitely in order. You now think (as you should) that you're more likely to be sued for more than your normal insurance will cover, and even if the insurance company thinks the same as you and will only offer a rather expensive policy, it becomes a rather easy decision of \"\"lose a little every month\"\" or \"\"lose it all at once\"\".\""}
{"_id": "495898", "title": "", "text": "\"That's definitely a good point; thanks for noting that. Leverage was definitely an issue.  Re: the ratings agencies, I just wanted to clarify that I was talking about something a bit different than the problem of \"\"ratings shopping\"\" (I assume this is what you meant what you mentioned the ratings agencies \"\"capitulating\"\").   \"\"Ratings shopping\"\" is essentially the tendency for a \"\"race to the bottom\"\" in ratings when banks pay for ratings. That has always been an issue for the ratings agencies since the 1970s (I think?) when they started having the rated entities pay for their ratings.   What I was talking about is more unique to the structured products industry in the mid-2000s -- i.e. how the ratings agencies gave banks an opportunity for essentially risk-less profit by merely repackaging MBSs into CDOs. So banks would buy up MBSs, repackage them into CDOs, sell shares of the CDOs to investors, and then hedge all of the residual risk away by writing a CDS contract with a monoline insurer like AIG. This has more to do with the relationship *between* ratings for different products, and not the absolute \"\"level\"\" of the ratings for any given product.  Sorry if that sounds nit-picky, but I think it's an extremely important detail that is generally lost upon -- as you pointed out -- economists who are pushing the \"\"ratings shopping\"\" theory. I would guess this is because moral hazard is a story they are already familiar with.\""}
{"_id": "495905", "title": "", "text": "\"&gt; Ok, should I have been more specific in saying monetary assets?   No, the difference isn't really that important.  &gt;Also, why would a 100% marginal tax be required?   Because otherwise you \"\"demonstration\"\" numbers will always diverge mathematically.  &gt;taxation on the 1% being one of them  The 1% pays almost half of all income tax. That's more than the bottom 95% combined. What do you want to happen here?\""}
{"_id": "495914", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.latimes.com/business/hollywood/la-fi-ct-netflix-debt-spending-20170729-story.html) reduced by 95%. (I'm a bot) ***** &gt; For the year, the stock is up nearly 50%. It closed Friday at $184.04, up $1.36 or 0.74%. But some industry experts are warning of a Netflix bubble that may burst if the company fails to produce enough hit series to keep attracting new subscribers.  &gt; Some of the best-known shows on Netflix aren&amp;#039;t made by Netflix.  &gt; While Netflix continues to outspend competitors, industry watchers debate what type of content Netflix should be splurging on - prestige projects or blockbuster movies? Thought-provoking documentaries or more Adam Sandler comedies?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6r4sym/notflix_is_20_billion_in_debt_guess_maybe_they/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~181342 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Netflix**^#1 **more**^#2 **year**^#3 **company**^#4 **shows**^#5\""}
{"_id": "495950", "title": "", "text": "Gujarat InfraPipes is a manufacturer and supplier of broad range of pipe fittings, piping spools, stainless steel pipe fittings, welded pipe fittings, LP Piping, seamless fittings, power plant piping, elbow, tee, reducer etc. to various engineering and petrochemical companies across the globe. Contact us today to get high quality piping products at the most competitive prices."}
{"_id": "495962", "title": "", "text": "The first thing I would try is to take out a loan from a local credit union. If you don't know of any that you're eligible for, start looking at the National Credit Union Administration's Credit Union Locator. You should be able to get a good rate since your credit is so good. If for whatever reason you can't get the credit union loan, I would open another credit card. Try hard to get the loan though, because using a credit card will most likely be significantly more expensive. If you can't cover your cash-only expenses with cash you already have, make sure that you can get cash from the card. For example, one of my cards regularly sends me checks that I could write to myself to get cash, but be careful with this strategy. Usually the interest is much higher than normal purchases. Either way, until you've paid off this emergency debt and built up an emergency fund of 3-6 months of expenses, cut your expenses as much as possible. This Experian article has some good tips:"}
{"_id": "495964", "title": "", "text": "It's not just salary. I went through university during the dot com bubble and graduated in 2002 into a brutal job market. Programmers took it in the chin during the recession, especially in the areas that now have high demand again, and then suffered through a decade of outsourcing fads where programming and IT were the number one targets. CS enrolment at almost every university plummeted, often by 50% or more. It's only been in the last few years that the job market for programmers has recovered, and only then in very specific regions.  Is it any wonder that people are still gun-shy about going into CS? The current demand for programmers is largely driven by bubble investment in social media startups, which is itself driven by huge amounts of capital looking for high returns in a post-2008 environment of low interest rates. It's not hard to imagine another collapse and a return to the mass firings and outsourcing of the early 2000s. Not to mention that the average career in programming is something like fifteen years...  The athletic analogy isn't a bad one. It's a good paying job right now, but there's an insane amount of risk and stress involved in being a programmer at one of these high-paying companies."}
{"_id": "495977", "title": "", "text": "\"As others have pointed out, it's all about a fixed, small cost versus the potential of a large cost. If you have insurance, you know you will pay a fixed amount per month. There is a 100% probability that you will have to pay this premium. If you don't have insurance, there is a large chance that you will have no cost in any given month, and a small chance that you will have a large cost. Like my home-owners insurance costs me about $50 per month. If I didn't have insurance and my house burned down, I would be out something like $100,000. What's the chance that my house will burn down this month? Very small. But I'd rather pay $50 and not have to worry about it. On the other hand, I just bought a filing cabinet for $160 and the store offered me an \"\"extended warranty\"\" for something like $20 a year. What's the probability that some accident will happen that damages my filing cabinet? Pretty small. Even if it did, I think I could handle shelling out $160. I can imagine my stomach in knots and lying awake at nights worrying about the possibility of losing $100,000 or finding myself homeless. I can't imagine lying awake at nights worrying about losing $160 or being force to stuff my files under the bed. I'll take my chances. When I was young and had even less money than I have now, I bought cars that cost me a thousand dollars or. Even poor as I was, I knew that if the car was totaled I could dig up the cash to buy another. It wasn't worth paying the insurance premium. These days I'm driving a car that cost me $6,000. I have collision and comprehensive insurance, but I think it's debatable. I bought the car with cash to begin with, and if I had to I could scrape up the cash to replace it. Especially considering that my last payment for my daughter's college tuition is due next month and then that expense is gone. :-)\""}
{"_id": "495980", "title": "", "text": "\"ASSUMING a person knows how to use and invest their money wisely, would it still be a bad idea to entirely disregard a 401k plan? Yes. A 401k, like an IRA, is a \"\"qualified plan\"\" and as such enjoys certain legal protections.  For a Roth 401k, the taxes are paid now and the interest accumulates tax free, and withdrawals will be tax-free. Doing it on your own means that your own savings will have interest taxed as you earn it.  For a traditional 401k, current savings are deducted from current earnings, and the withdrawals will be taxed. Doing it on your own loses the deferral of tax at this time.   Generally, 401ks and IRAs are highly resistant to judgements in civil lawsuits. If you file for bankruptcy protection at any time in your working career, the assets in these accounts are immune (in most states) from being used to pay off your creditors. If you do it on your own, that savings account will be emptied to pay off creditors in bankruptcy and also will be assets that can be taken from you in civil judgements (for example, you get in a car accident and they sue you). You might never be sued, nor file bankruptcy in your entire life, but you are unnecessarily exposing yourself to risks: anything might happen in the next 50 years. What you will lose in such circumstances far outweighs any perceived benefits you could possibly earn by rolling your own. If you are the sort of person who can max out your 401k and IRA contributions each year, and still have a significant sum to set aside for savings, you should contact an investment advisor and attorney to see about protecting your assets.\""}
{"_id": "495998", "title": "", "text": "Well of course, you can protect accute effects toward the environment, but the nature of private business is that you can't lead on a collective action problem like carbon emissions, you need a political solution. I think people overestimate how much business dominates politics. The politicians still have to answer to constituents who are basically screaming to be the most extreme. If business really dominated as much as everyone likes to say, immigration reform would have been done years ago."}
{"_id": "496015", "title": "", "text": "Opening Bank Account in US without physically being present is difficult. I'm having number of clients in USA to pay for my work, but I\u2019m really confused to get money from my clients to my saving bank account. You can get money via PayPal or if they are repeat customers, ask them to send via remittance services like Money2India or Remit2India etc."}
{"_id": "496036", "title": "", "text": "You should add it to all the other income and continue paying taxes as you would on your Irish salary. That is true for both the US and the Irish sides of the equation. In case you didn't know - your Irish earnings are taxable in the US, since the US taxes all of your income. Your Amazon.com earnings are taxable in Ireland since that's where you earned it. You can use the FEIE/FTC as appropriate on your US tax return to reduce your tax liability, but all of your income should be reported."}
{"_id": "496040", "title": "", "text": "Manufacture  of precision machine tool, cnc tapping , cnc tooling systems, cnc tap chucks, reversible tapping attachments, self opening die heads, universal quick change chuck adaptors for drilling, universal quick change chuck adaptors for reaming , universal quick change chuck adaptors for tapping, adjustable adaptors, adjustable floating holders, machine tool accessories by imi machine tools pvt ltd, ahmedabad, india."}
{"_id": "496050", "title": "", "text": "\"In financial markets, the gains you can expect to make (whether in the form of dividends or capital gains) correspond to the risks you are bearing.  There are a variety of REITs but you can expect to make only as much money in them as you bear risk (meaning you can also lose a lot of money in the ones that earn a lot).  In that sense they are just like other financial assets like stocks. If you are generically trying to increase your wealth by bearing risk, you can get a better risk/reward ratio in a fully diversified portfolio including stocks and bonds as well and REITs.  \"\"Passive income\"\" means making money by bearing risk.  REITs alone, without diversifying into other financial assets, do a poor job of generating income for the amount of risk you bear. So why are REITs not very comparable to buying a house and renting it out?  Because in the latter case you are being paid not only for bearing the risk of the house depreciating but also you are being compensated for the work you do as a landlord.  Moreover, because the house doesn't trade in a liquid market like REITs do, it is possible to actually get a good deal, as opposed to the fair deal you will get on a REIT. TL;DR: The \"\"passive income\"\" generated by REIT investment is more similar to generic equity/bond investment than it is to an investment in a physical home that you rent out.  If what you want is to make money without doing anything besides bear risk, you should invest in a fully diversified portfolio of financial assets (equity and bonds being the primary constituents but REITs potentially being a part as well).\""}
{"_id": "496058", "title": "", "text": "Be proud of yourself. You are far ahead of your peers when it comes to entrepreneurship. Im not really in the realm of programming, but i do have a book you should highly read to help.  How to win friends and influence others by dale carnegie. One of warren buffets favorite books."}
{"_id": "496059", "title": "", "text": "&gt; All of the products that are replacing them by this analysis are more expensive, which indicates they're probably capturing a different sector of the market.  They're probably segmenting the market, not capturing a different market.  When I would have gone to Burger King in the past, I now go to a gourmet burger joint."}
{"_id": "496060", "title": "", "text": "\"The main villain in Robin Hood is the Sheriff of Nottingham who is referred to as a \"\"tax collector\"\".  It was most certainly a government that Robin Hood was stealing from.  Robin Hood never stole money from private citizens.  He didn't steal from rich shop owners, or farmers, etc.  He stole exclusively from the local government, who kept raising taxes.\""}
{"_id": "496062", "title": "", "text": "&gt; earn over 100k a year and they are not even execs  You realize that power transmission and distribution can't be done without electrical engineers right? I don't know about the lunch breaks, but that salary is typical."}
{"_id": "496064", "title": "", "text": "If this will be your sole income for the year, going self-employed is the best way to do this: So, here's how to go at it: Total cash in: \u00a32000 Total Tax paid: \u00a30 Admin overhead: approx 3 hours. Legit: 100%   :) Edit:  Can you tell me that in my case what are the required fields on the invoice? If you're non-VAT registered, there are no legal requirements as to what information you need to put on the invoice -it literally can be a couple of numbers on a napkin, and still be legit.  With that said, to make a professional appearance, my invoices are usually structured as follows: Left side: ( Sidenote: why client-specific incremental numbering? Why, so they can't make educated guesses to the number of clients I have at any given time :)  ) Right side: Center table: And so far, none of my clients missed any fields, so this should have everything they need to :) Hope this helps, but keep in mind, all of the above is synthetic sugar on the top -ultimately,  the relationship you share with your Clients is the thing you will (or will not) get paid for! Edit#2: The voices in my head just pointed out, that I've totally omitted National Insurance contributions in the above. However, and I quote HMRC: If your profits are expected to be less than \u00a35,315 you may not have to pay Class 2 National Insurance contributions. Hence, this won't change the numbers above, either -just make sure to point this out during your registration in the office."}
{"_id": "496080", "title": "", "text": "Your plan will work to increase your total credit capacity (good for your credit score) and reduce your utilization (also good).  As mentioned, you will need to be careful to use these cards periodically or they will get closed, but it will work. The question is whether this will help you or not.  In addition to credit capacity and utilization, your credit score looks at things like These factors may hurt you as you continue to open accounts.  You can easily get to the stage where your score is not benefitting much from increased capacity and it is getting hurt a lot by pulls and low average age. BTW you are correct that closing accounts generally hurts your score.  It probably reduces average age, may reduce maximum age, reduces your capacity, and increases your utilization."}
{"_id": "496096", "title": "", "text": "\"The fact that dividends grow in perpetuity does not prevent one from calculating duration.  In fact, many academic papers look at exactly this problem, such as Lewin and Satchell.  This Wilmott thread discusses some of the pros and cons of the concept in some detail. PS: Although I was already broadly familiar with the literature and I use the duration of equities in some of my every-day work as a professional working in finance, I found the links above doing a simple google search for \"\"equity duration.\"\"\""}
{"_id": "496135", "title": "", "text": "Gentlemen, you're probably wondering why I've called you all together today.   Edit: seriously,  if what you said isn't sufficient (and it sounds like it should be) ask if you're needed for anything else, thank all parties for joining the call, say good day. You can let them know where to reach you if needed. Source: years of professional phone work."}
{"_id": "496159", "title": "", "text": "Okay, I think I managed to find the precise answer to this problem! It involves solving a non-linear exponential equation, but I also found a good approximate solution using the truncated Taylor series. See below for a spreadsheet you can use. Let's start by defining the growth factors per period, for money in the bank and money invested:   Now, let S be the amount ready to be invested after n+1 periods; so the first of that money has earned interest for n periods. That is,  The key step to solve the problem was to fix the total number of periods considered. So let's introduce a new variable: t = the total number of time periods elapsed So if money is ready to invest every n+1 periods, there will be t/(n+1) separate investments, and the future value of the investments will be:  This formula is exact in the case of integer t and n, and a good approximation when t and n are not integers. Substituting S, we get the version of the formula which explicitly depends on n:  Fortunately, only a couple of terms in FV depend on n, so we can find the derivative after some effort:  Equating the derivative to zero, we can remove the denominator, and assuming t is greater than zero, we can divide by the constant ( 1-G t ):  To simplify the equation, we can define some extra constants:    Then, we can define a function f(n) and write the equation as:  Note that \u03b1, \u03b2, \u03b3, G, and R are all constant. From here there are two options: Use Newton's method or another numerical method for finding the positive root of f(n). This can be done in a number of software packages like MATLAB, Octave, etc, or by using a graphics calculator. Solve approximately using a truncated Taylor series polynomial. I will use this method here. The Taylor series of f(n), centred around n=0, is:  Truncating the series to the first three terms, we get a quadratic polynomial (with constant coefficients):  Using R, G, \u03b1, \u03b2 and \u03b3 defined above, let c0, c1 and c2 be the coefficients of the truncated Taylor series for f(n):    Then,  n should be rounded to the nearest whole number. To be certain, check the values above and below n using the formula for FV. Using the example from the question: For example, I might put aside $100 every week to invest into a stock   with an expected growth of 9% p.a., but brokerage fees are $10/trade.   For how many weeks should I accumulate the $100 before investing, if I   can put it in my high-interest bank account at 4% p.a. until then? Using Newton's method to find roots of f(n) above, we get n = 14.004. Using the closed-form approximate solution, we get n = 14.082. Checking this against the FV with t = 1680 (evenly divisible by each n + 1 tested): Therefore, you should wait for n = 14 periods, keeping that money in the bank, investing it together with the money in the next period (so you will make an investment every 14 + 1 = 15 weeks.) Here's one way to implement the above solution with a spreadsheet. StackExchange doesn't allow tables in their syntax at this time, so I'll show a screenshot of the formulae and columns you can copy and paste: Formulae:  Copy and paste column A: Copy and paste column B: Results:  Remember, n is the number of periods to accumulate money in the bank. So you will want to invest every n+1 weeks; in this case, every 15 weeks."}
{"_id": "496166", "title": "", "text": "\"Obviously you have done well financially in order to be able to purchase a condo for cash, presumably, without risk of your other obligations.  To put things in perspective, we are probably talking about less than $5,000 in tax savings.   If she is on the title then she is a co-owner.  Are you okay with that?  You would essentially be giving this child a 50% stake in a property without compensation.  Will your other children be okay with it? As your question stated you would prefer to not have her as an owner.  However, is it better to not have her as an owner, So I would buy the condo without her on the title and just pay the extra $100 per month in property tax.  It is probably \"\"small potatoes\"\" in comparison to your net worth. I would also only charge her at most your cost of carrying the property as rent.  While you will create income all of it (and probably more) could be written off as costs.  There should be no income tax burden created from this situation.  Your accountant can help with any paperwork that needs to be filed.\""}
{"_id": "496167", "title": "", "text": "Purchase a Netgear router from an authorized dealer if you want to access lag free internet. These are suitable for homes or small businesses and you can easily install it by using routerlogin.net or use the IP address 192.168.1.1. This IP address redirects you to login page of the router."}
{"_id": "496170", "title": "", "text": "sell drugs? (joking)  In all seriousness though, your options to legally invest this money are limited, which leaves you to extra-legal options..... which many young people engage, different kind of candy I guess.   Ok so you cannot invest into stocks, to day trade. Because you're not an adult.  You can put the money in a bank, but the interest rate on that amount of money is in the realm of ~0.1%.  You can use the money to seed another legal business venture, say another kind of better candy.    My advice is to get a parental unit to put the cash into a mutual fund, in your name... then hand that over to you when you turn 18."}
{"_id": "496171", "title": "", "text": "That's pretty fucking cool. While this plant had DCS (and triconex for the really important shit like Fire &amp; Gas), it didn't order spare parts for them. How cool!   So what you're saying is that those high-paid procurement guys are next on the chopping block, hmm?"}
{"_id": "496179", "title": "", "text": "In most cases my preference would be to buy. However, if you intend to sell after just one year I would maybe lean towards renting. You haven't included buying and selling cost into your equation nor any property taxes, and as John Bensin suggests, maintenance costs. If you were looking to hold the property for at least 5 years, 10 years or more, then if the numbers stood up, I would defiantly go with the buy option. You can rent it out after you move out and if the rent is higher than your total expenses in holding the property, you could rely on some extra passive income."}
{"_id": "496203", "title": "", "text": "The fact that a lawsuit has been filed is not ipso facto evidence of wrongdoing. BoA has a lot of ugliness yet un-accounted-for, but escrowing insurance and taxes is 100% standard practice, to the point where you cannot get a conventional mortgage that *doesn't* escrow that stuff.   **NO** bank will give or carry a conventional home-loan *without* escrowing taxes and insurance. If you have a conventional mortgage, your insurance and tax payments are made by the mortgager whether or not you pay, because the bank doesn't want the house (their collateral) repo'd or destroyed due to lack of a $100 insurance/tax payment.   To the point, no bank in 2011 wants *more* foreclosed homes on their books. Banks *lose* money in foreclosure. The thesis that BoA conspired to get a bigger portfolio of underwater homes defies sanity.   Just because BoA robbed a liquor store doesn't mean that they also molested children and killed JFK. There might be a colossal paperwork snafu here that BoA has to make right, but that can be unwound. But the narrative that BoA was gaming the paperwork to get a higher ratio of foreclosures on their books doesn't make sense."}
{"_id": "496209", "title": "", "text": "Ask yourself a better question: Under my current investment criteria would I buy the stock at this price? If the answer to that question is yes you need to work out at what price you would now sell out of the position. Think of these as totally separate decisions from your original decisions to buy and at what price to sell. If you would buy the stock now if you didn't already hold a position then you should keep that position as if you had sold out at the price that you had originally seen as your take profit level and bought a new position at the current price without incurring the costs. If you would not buy now by those criteria then you should sell out as planned. This is essentially netting off two investing decisions. Something to think about is that the world has changed and if you knew what you know now then you would probably have set your price limit higher. To be disciplined as an investor also means reviewing current positions frequently and without any sympathy for past decisions."}
{"_id": "496211", "title": "", "text": "A simple example - When looking at oil trading in different locations first I have some back of the envelop adjustments for the grade of oil, then look at storage costs (irrelevant in the case of electricity) and transport costs between two locations to see if physical players are actively arbing the spread.   No strong views on reading material in this specific area - Google, google scholar and amazon all have relevant material.  When it comes to your current problem, here are some questions to think about:  1. Is the power generated from the same commodity at location A and location W?   2. How has the spread changed in the past? Has trading location W actively hedged the worst cases of prices moves in location A?   3. Is it feasible to trade the commodity that location A generates the majority of its power from/how does that compare to electricity trading at location W as a hedge?  4. If hedging is really desirable, are you sure you can't do an illiquid over the counter hedge at location A? Paying a little bit more in the bid/ask for the hedge could be more desirable than trying to jump into a market you yourselves don't quite understand.  5. If your consultants come back with just some hedge ratios without discussing what drives the spreads between the two locations and where the spreads are currently be skeptical."}
{"_id": "496213", "title": "", "text": "What benefit vs. what cost? Benefit - none that I can think of. Cost - massive. Every system that handles money would need to re-value overnight, every store would need to re-price. In many ways it would be simpler and maybe even cheaper to introduce a new currency."}
{"_id": "496217", "title": "", "text": "The capital gains is counted towards your income. If you cash out 1 Million dollars, you have a 1 Million dollar income for that year, which puts you at the 39.6% tax bracket. However, because that 1 Million dollars is all long term capital gains, you will only have to pay 20% of it in long term capital gains taxes. The best you can do is to cash the 1 Million dollars through several years instead of just all at once. This will put in a lower tax bracket and thus will pay lower capital gains tax."}
{"_id": "496225", "title": "", "text": "Upstream is into businesses that supply the original business; downstream is into businesses that make use of the original product.  So in that description, what they are saying is that the original business received products from plantations and sent products to manufacturing. This is also called vertical integration.  Meaning that they are diversifying along their supply chain so that they control more of it.  This is in contrast with horizontal integration, where they move into new products that either compete with the existing products or which are entirely separate.   In general, the upside of vertical integration is that a company is less reliant on suppliers (and intermediate consumers) and has more control over its supply chain.  The downside is that they have less opportunity to partner with other companies in the same supply chain, as they compete with them.  Some companies are better at managing to do both.  For example, Amazon.com has integrated fulfillment and sales.  But partners can still do their own fulfillment and/or sales, choosing how much to send out to Amazon.   If you are investing in individual stocks, integrated companies can be problematic in that they cut across diversification areas.  So they can be harder to balance with other stocks.  You can either buy plantations, transport, and manufacturing together or not buy at all.  If your investment strategy says to increase plantations and reduce manufacturing, this can be difficult to implement with an integrated company.  Of course, everyone else has the same problem, which can lead to integrated companies being undervalued.  So they may be an opportunity as a value stock."}
{"_id": "496253", "title": "", "text": "\"Your question was about recharacterizing. But then you said \"\"I contributed a few thousand dollars to my 401(k) as Roth contributions\"\" which means you never converted from a 401(k) to a Roth 401(k), the deposit was always Roth.  Even if the law changes allowing the recharacterization, it would not apply to your situation.\""}
{"_id": "496272", "title": "", "text": "\"From the bank's perspective, they are offering a service and within their rights to charge appropriately for that service. Depending on the size of their operation, they may have considerable overhead costs that they need to recoup one way or another to continue operating (profitably, they hope). Traditionally, banks would encourage you to save with them by offering interest growth on your deposits. Meanwhile they would invest your (and all of their customer's) funds in securities or loans to other patrons that they anticipate will generate income for them at a faster rate than the interest they pay back to you. These days however, this overly simplified model is relatively insignificant in consumer banking. Instead, they've found they can make a lot more profit by simply charging fees for the handling of your funds, and when they want to loan money to consumers they just borrow from a central bank. What this means is that the size of your balance (unless abnormally huge) is of little interest to a branch manager - it doesn't generate revenue for them much faster than a tiny balance with the same number of transactions would. To put it simply, they can live without you, and your threatening to leave, even if you follow through, is barely going to do anything to their bottom line. They will let you. If you DO have an abnormally huge balance, and it's all in a simple checking or savings account, then it might make them pause for thought. But if that's true then frankly you're doing banking wrong and should move those funds somewhere where they can work harder for you in terms of growth. They might even suggest so themselves and direct you to one of their own \"\"personal wealth managers\"\".\""}
{"_id": "496275", "title": "", "text": "\"I assume you've no debt - if you do then pay that off. I'd be tempted to put the money into property.  If you look at property prices over the past 20 years or so, you can see returns can be very good.  I bought a house in 1998 and sold it in 2003 for about 110% of the purchase price.  Disclaimer, past performance is no guarantee of future returns! It's a fairly low risk option, property prices appear to be rising currently and it's always good to get your foot on the housing ladder as quickly as you can as prices can rise to the stage where even those earning quite a good salary cannot afford to buy. Of course you don't have to live in the house, a rental income can be very handy without tying you down too much. There are plenty of places in the UK where \u00a360k will buy you a reasonable property with a rental income of \u00a3400-\u00a3500, it doens't have to be near where you live currently. Just to put a few more figures in - if you get a house for \u00a350k and rent it for \u00a3400 a month (perfectly feasible where I live) then that's very close to a 10% return year on year.  Plus any gains made by the price of the house. The main downside is you won't have easy access to the money and you will have to look after a tenant if you decide to rent it out.  Also if you do buy a property make sure it is in a good state of repair, you don't want to have to pay for a new roof for example in a couple of years time. Ideally you would then sell the house around the time property prices peak and buy another when they bottom out again.  Not easy to judge though! I'd review the Trust Fund against others if you decide to keep it there as 12% over 6 years isn't great, although the stock market has been depressed so it may compare favouribly. Keep some \"\"rainy day\"\" money spare if you can.\""}
{"_id": "496280", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-01/failing-nuclear-power-is-good-for-coal-bad-for-earth) reduced by 83%. (I'm a bot) ***** &gt; Scana Corp. announced Monday it will stop construction on a nuclear power plant in South Carolina-one of two in development in the U.S. Project costs ballooned in recent years, and the decision should eventually save electricity customers $7 billion.  &gt; &amp;quot;Without an aggressive build-out of nuclear power, climate goals are still attainable, but at much greater expense,&amp;quot; according to Jeffrey Sachs, the economist and director of the Sustainable Development Solutions Network, which co-leads the Deep Decarbonization effort.  &gt; A magic wand solving the cost problems would still leave the problem of waste, and give policymakers a choice between nuclear waste-deadly but concentrated poison that lasts thousands of years-and fossil-fuel waste-invisible, diffuse carbon pollution that in sufficient amounts will transform the Earth for thousands of years.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6r4sp7/failing_nuclear_power_is_good_for_coal_bad_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~181341 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **nuclear**^#1 **cost**^#2 **more**^#3 **year**^#4 **U.S.**^#5\""}
{"_id": "496284", "title": "", "text": "Most bank bill pay services will work for this purpose. Generally you can pay any person or business that has a valid address. As an added Paypal will no longer take ~3% of the money."}
{"_id": "496309", "title": "", "text": "Maybe I can explain a little clearer: Your LLC is not a person, and cannot have taxes withheld on its behalf. Therefore, anyone paying your company should not withhold taxes. If they are paying you directly, and withholding taxes, they are treating you as an employee, and will probably issue a W2 instead of a 1099.  Put it this way: Your LLC is a separate company providing services to that company. They shouldn't withhold taxes any more than they would when paying their ISP, or power company."}
{"_id": "496339", "title": "", "text": "There ain't no such thing as a free lunch! It has always been the case that the only way to talk to a human is to pay (because the human needs a salary), but the only difference is that in the past the cost was obscured to you because it was bundled in with the cost of the primary product or service. Now they're unbundling it so you see it as a separate cost. This is actually a good idea in my opinion."}
{"_id": "496348", "title": "", "text": "Now if only they would release an operating system that wasn't trash so I can update my win 7 system.   Many of their core businesses are neglected, office and OS, they need to have a few people doing good stuff there."}
{"_id": "496360", "title": "", "text": "But you don't know the facts and details. They used to have more than 7,000 employees, right now they're at about 6,500.   Companies lay off thousands of people all the time. It could happen very easily. Or what about bringing in temporary, staffing agency or different classed workers to avoid these liabilties? All of these things are possible!  This whole issue around this guy's memo is WAYYYY oversimplified by his critics, who don't know the details.   &gt;AKA: they still have an incentive to grow, you can still make more money by growing a slight increase in taxes doesn't change that  Because business is GREAT, right? The consumer and retail sectors ARENT suffering in the toilet? The whole economy is flourishing!  Reality check: Luxury items like timeshares are NOT in great demand. I would expect his revenue, profits and growth to be completely flat or negative over the short to medium term.  Companies don't just think about the next 90 days, or 1 year or 3 years, this effects their 5-10 year plans. Considering most wage earners live paycheck to paycheck and have very little in the way of savings it doesn't suprise me they don't appreciate companies who MUST do this to survive or risk running out of capital and going bankrupt."}
{"_id": "496370", "title": "", "text": "\"Yeah, I'll take the challenge...:) How trustworthy these are and what are their sources of income? These are in fact two separate questions, but the answers are related. How trustworthy? As trustworthy as they're clear about their own sources of income. If you cannot find any clue as to why, what for and how they're paying you - you probably should walk away. What's too good to be true usually is indeed too good to be true. For those of the sites that I know of their sources of income, it is usually advertisements and surveys. To get paid, you have to watch advertisements and/or answer surveys. I know of some sites who are legit, and pay people (not money, but gift cards, airline miles, etc) for participating in surveys. My own HMO (Kaiser in California) in fact pays (small amounts) to members who participate in enough surveys, so its legit. Are these sites worthwhile to consider for extra income? Not something you could live off, but definitely can get you enough gift cards for your weekly trip to Starbucks. What do I need to consider tax wise? Usually the amounts are very low, and are not paid in cash. While it is income, I doubt the IRS will chase you if you don't report the $20 Amazon gift card you got from there. It should, strictly speaking, be reported (probably as hobby income) on your tax return. Most people don't bother dealing with such small amounts though. In some cases (like the HMO I mentioned), its basically a rebate of the money paid (you pay your copays, deductibles etc. Since the surveys are only for members, you basically get your money back, not additional income). This is in fact similar to credit card rebates. Is there a best practice for handling the income? If we're talking about significant amounts (more than $20-30 a year), then you need to keep track of the income and related expenses, and report it as any other business income on your taxes, Schedule C. Is there a good test to determine what is and isn't a scam? As I said - if it looks too good to be true - it most likely is. If you're required to provide your personal/financial information without any explanation as to why, what it will be used for, and why and what for you're going to be paid - I'd walk away. Otherwise, you can also check Internet reviews, BBB ratings, FTC information and the relevant state agencies and consumer watchdogs (for example: http://www.scamadviser.com) whether they've heard of that particular site, and what is the information they have on it. A very good sign for a scam is contact information. Do they have a phone number to call to? Is it in your own country? If its not in your own country - definitely go away (for example the original link that was in the question pointed to a service whose phone number is in the UK, but listed address is in Los Angeles, CA. A clear sign of a scam). If they do have a phone number - try it, talk to them, call several times and see how many different people you're going to talk to. If its always the same person - run and hide. Do they have an address? If not - walk away. If they do - look it up. Is it a PMB/POB? A \"\"virtual\"\" office? Or do they have a proper office set up, which you can see on the map and in the listings as their office? And of course your guts. If your guts tell you its a scam - it very likely is.\""}
{"_id": "496372", "title": "", "text": "holy Toledo...I agree  &gt; Stop glamorizing entrepreneurship. Stop thinking that business is all about funding rounds, huge, fancy offices and happy teams, 7-figure sums on the bank accounts, freedom, and fame. Because it is not  too bad you have to read to paragraph 7 to get there / start content"}
{"_id": "496378", "title": "", "text": "Ad Hominem isn't meant to apply to every comment about the speaker, it's meant to apply to situations where someone argues 'he must be wrong because of who's speaking'.  In this case, crazymunch is just raising the point that we should be aware that bezos has conflicting/contradictory statements, according to who he's talking to.  You can't be both down on patents *and* vigorously defending your own dubious patent."}
{"_id": "496385", "title": "", "text": "\"You are right in insisting upon a proper B2B contract in any business relationship. You wish to reduce your risk and be compensated fairly. In addition to the cost and complexity of international wire transfers, the US companies may also be considering the fact that as an international contractor in a relatively hard-to-reach jurisdiction, payments to you place the company at higher risk than payments to a domestic contractor. By insisting upon PayPal or similar transmitters, they are reducing their internal complexity and reducing their financial exposure to unfulfilled/disputed contract terms. Therefore, wire payments are \"\"hard\"\" in an internal business sense, as well as in a remittance transfer reporting sense. The internal business procedure will likely be the hardest to overcome--changing risk management is harder than filling out forms.\""}
{"_id": "496388", "title": "", "text": "I've sometimes wondered this. It seems like something your agent would deal with and surely be familiar with.  If any of my screenplays get filmed though, I'm going to try and get a cut of the gross if I can. I wonder if some are mad because they didn't fully understand and didn't fight harder for a cut, since .001% of the gross is better than 5% of the net."}
{"_id": "496389", "title": "", "text": "The payer system doesn't matter when the health care industry is being massively demand side subsidized year after year primarily by Medicaid and Medicare. It's econ 101 that massively demand side subsidizing an industry drives up prices, but too many pockets are being filled by the subsidization, so this point is not emphasized."}
{"_id": "496395", "title": "", "text": "It seems that you are misunderstanding how your taxes are calculated. You seem to be under the impression that once you pass $37,450 annual income, ALL of your income will be taxed at 25%. However, in reality, only the income you earn above that amount will be taxed at 25%. You can use this chart to determine exactly how much federal tax you will pay;  As you can see, if you earned, $37,500 in a year, you would only be charged 25% taxes on $50 (and you will pay 15% on the amount between $9226 and $37450, and 10% on the amount from $0 to $9225, which is $5126.25 when summed together)."}
{"_id": "496420", "title": "", "text": "\"The term you're looking for is yield (though it's defined the other way around from your \"\"payout efficiency\"\", as dividend / share price, which makes no substantive difference). You're simply saying that you want to buy high-yield shares, which is a common investment strategy. But you have to consider that often a high-yielding share has a reason for the high yield. You probably don't want to buy shares in a company whose current yield is 10% but will go into liquidation next year.\""}
{"_id": "496427", "title": "", "text": "These are two rather distinct questions; only one of which is relevant to a Money web site. In general, the investment is questionable.  Leaving aside the green feel-good factor, you need to look at a total cost of ownership (TCO) and payback on the asset.  Neither is cheap as such.  There are DIY windmill plans, but you likely still need a commercial battery charger/inverter/controller setup. Government incentives, depending on where you live, may change the story considerably.  Many jurisdictions around the globe have both incentives to install and then power-feed-in tariffs if you sell back excess power. Your latitude also has an impact on your total available solar energy, along with regular weather patterns for both cloud cover and wind. One of the cheapest solar projects can be hot-water.  Particularly if you have a pool, or even for domestic use, if you use a lot. All that said, given the green feel-good factor, if you want a small set of solar panels and have the space/budget, go ahead!  You can add more later. For the second question: it is indeed possible to live off grid.  Some remote houses do just this, and the methods to accomplish it vary.  The number one thing you need to do is work on a power budget; and be both ruthless as well as realistic.  Fridge, freezer, AC, furnace, plasma TV, etc.  Depending on your climate and preferences, these may not all be possible for an off-grid lifestyle.  (Of course, if you get a propane fridge and have a truck come by once a month, does that count as off-grid?)"}
{"_id": "496429", "title": "", "text": "Does anyone here have a source to find free PDFs of books related to finance, specifically corporate finance? I would like to truly learn about the subject but all the books I've found so far are too expensive for me to rent.   Alternatively, any other quality sources (doesn't have to be books) about corporate finance for a beginner would be fine as well. Thanks in advance."}
{"_id": "496433", "title": "", "text": "I do something pretty simple when figuring 1099 income.  I keep track of my income and deductible expenses on a spreadsheet.  Then I do total income - total expenses * .25. I keep that amount in a savings account ready to pay taxes.   Given that your estimates for the quarterly payments are low then expected, that amount should be more then enough to fully fund those payments.   If you are correct, and they are low, then really what does it matter?  You will have the money, in the bank, to pay what you actually owe to the IRS."}
{"_id": "496458", "title": "", "text": "The main reason is that you move from the linear payoff structure to a non-linear one. This is called convexity in finance. With options you can design a payoff structure in almost any way to want it to be. For example you can say that you only want the upside but not the downside, so you buy a call option. It is obvious that this comes at a price, the option premium. Or equivalently you buy the underlying and for risk management reasons buy a put option on top of it as an insurance. The price of the put could be seen as the insurance premium. You can of course combine options in more complicated ways so that you e.g. profit as long as the underlying moves strongly enough in either direction. This is called a straddle."}
{"_id": "496509", "title": "", "text": "I don't understand what the conclusion you came to is, as well as how that differs from the economy.  Positions on Immigration policy, NHS, Public Service, and etc. are normally derived from an opinion of how those factors effect the economy and the individuals bottom line. Minimum wage, unemployment, health care, infrastructure, and etc., all have fiscal correlation.  On top of that, I don't really see any conclusion and how that correlates to David Cameron. Maybe I'm showing an inability, but I don't feel like I gathered any information from the article."}
{"_id": "496517", "title": "", "text": "I think a large portion of the inequality problem stems from too many people. We've devised a society around protecting people and keeping as many as possible healthy and alive, but don't have the resources to meet their desires, now we face the consequences as people try to buy things that aren't there and fill positions that don't exist."}
{"_id": "496524", "title": "", "text": "I personally don't agree with a currency union. I'd rather follow Ireland's example when they gained independence and created the Irish Pound and peg it to Sterling, which they did for over 70 years before transitioning to the Euro.   There isn't any debt to reject or default on.The UK treasury has already assured the debt market that it's 100% responsible for it.  Scotland has no responsibility for taking on any debt, but might/will in response to negotiations and in return for something.   Debt markets will be far more receptive of a country which has 0 government debt. We're not talking South Sudan or a tin pot south american country, we're talking about a mature northern european democratic state.   I should also note, that oil is a bonus, but not a required export. With oil, Scotland has higher revenue per person than the entire UK,  but if it disappeared tomorrow, we're only slightly below the UK average.  [Institute for financial studies.](http://www.ifs.org.uk/publications/6881)"}
{"_id": "496526", "title": "", "text": "You can setup your Netgear router manually by using the web address www.routerlogin.net. Type the same in the address bar of the browser window and login using the default username and password. You can change the settings of your router from this administration panel like Parental Controls, Guest Network etc."}
{"_id": "496540", "title": "", "text": "\"The question isn't \"\"fair\"\", it's \"\"how much do you have to give them in order to get them to trust you with the money for a year rather than doing something else with it, and does that exceed what you are willing/able to give them, and how sure are you that you can either do without the money or find it elsewhere?\"\"  This has to be negotiated. There is no standard answer, since there is no standard company or lender. Heck, even a simple bank loan is a negotiation, though that usually takes the form of shopping around for an acceptable rate and their deciding whether they'll accept you rather than going back and forth on what rate would be the best compromise.\""}
{"_id": "496555", "title": "", "text": "\"***@AceCP***  *Twitter Profile:*  &gt;***AceCP***  &gt;[*acecp.com*](http://acecp.com 'url unshortened via longurlplease.com, images rehosted by imgur.com') &gt; &gt;User since: *2011/10/04* &gt; &gt;Location: *No location set.* &gt; &gt;*Ace Content Professionals is focused on Enterprise Content Management technologies and services.* &gt; &gt;Friends: **4** Followers: **6** Listed: **0** Tweets: **22**  *Last tweet/conversation (at time of this comment):*  ***AceCP***:  &gt;&amp;#91;2011/12/21&amp;#93;&amp;#91;16:42:38&amp;#93;  &gt;[&amp;#91;Translate&amp;#93;](http://translate.google.com/#auto|auto|Today I am putting our site up on the different %22social bookmarks%22 Like Stumbleupon, Digg, Reddit, and Delicious.... http://t.co/qlnw2jdR 'google translate this tweet'): Today I am putting our site up on the different \"\"social bookmarks\"\" Like Stumbleupon, Digg, Reddit, and Delicious.... [*facebook.com*](http://www.facebook.com/AceCP/posts/198042330287208 'url unshortened via longurlplease.com, images rehosted by imgur.com')  [&amp;#91;This comment was posted by a bot&amp;#93;&amp;#91;FAQ&amp;#93;](http://www.reddit.com/help/faqs/tweet_poster 'tweet_poster FAQ')[&amp;#91;Did I get it wrong?&amp;#93;](http://www.reddit.com/message/compose/?to=tweet_poster&amp;subject=Error%20Report&amp;message=[Oops!](http://reddit.com/r/business/comments/nledw\\)%0d%0dPlease leave the subject and this link unaltered, but feel free to add a description here. 'report an error')\""}
{"_id": "496557", "title": "", "text": "And the weird shit is that it's actually kind of good thing for the banks to do that.  If there is lot's of money around on people, it means they can invest it on something. That investment helps new businesses to emerge and employ more people.  If there would be less money around, the rich dudes would still invest, but there could not be so much competition in investing, so they could ask for higher interests.   This would mean that the system is rewarding someone more, not because he is taking bigger risks or because he is driving the economy into efficient direction, but because there just happens to be shortage of money.  Does more money imply that more people will invest? Yes, because of inflation they have to invest not to **lose money**. Actually that's why governments maintain inflation, so that people are forced to invest."}
{"_id": "496588", "title": "", "text": "While there are plenty of arguments for and against subsidizing public broadcasting groups, with varying degrees of credibility, I think the issue is too small to stress about given the state of other elements of the economy and government. That is, the subsidies given to these groups are so small that the debate seems overblown."}
{"_id": "496589", "title": "", "text": "If he moves his 401K to a Roth all in one go, all the money will be considered income for the year he moves it, and he will have to pay taxes on that income.  If he keeps it in his 401K or rolls it into a traditional IRA, he will only pay taxes on the money as he withdraws it. Bottom line, converting to Roth is almost certainly a bad idea."}
{"_id": "496594", "title": "", "text": "\"I find myself being very skeptical about robotics' use in society. I think robotics will splinter off into many different specifically designed forms. the \"\"irobot\"\" dream of a humanoid robot doing all the menial tasks that humans don't want to do will never happen. Instead, there will be robots designed for specific tasks, because that specific design will be better for that purpose than any generally designed robot will. Also, AI will solve most of the use cases that i see robotics used for and it will not require the expensive electronics and manufacturing required.\""}
{"_id": "496610", "title": "", "text": "Trump voters aren\u2019t the bottom 60%...he won every single income bracket $50k and up.   If politicians had not been so hard at work importing another uneducated, unintegrated serf class into the country since the early 90s, this bottom 60% scenario might be more solvable. It\u2019s easier to sustain a nation where only 30% of the citizens are peasants compared to 60%. (A dilemma that\u2019s twice the size.)"}
{"_id": "496634", "title": "", "text": "**Built to Last: Successful Habits of Visionary Companies**  Built to Last: Successful Habits of Visionary Companies is a book written by Jim Collins and Jerry I. Porras. The first edition of the book was published on October 26, 1994 by HarperBusiness.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "496645", "title": "", "text": "No unemployment has been dropping in Florida. Has nothing to do with trump or his cutting of regulations.  Unemployment is dropping everywhere but to make it seem like some bold moves helped people get jobs in bullshit. The narrative of the article is trash. The point of unemployment going down is correct."}
{"_id": "496654", "title": "", "text": "\"D should get all the money since he supplied the software and the work. To think A or B deserve anything for a simple\"\"referral\"\" is reprehensible. Honestly if you don't agree, I suggest you remove all references to the word \"\"friend\"\" from the post.  Question to OP: Why do you think you deserve anything?\""}
{"_id": "496667", "title": "", "text": "I used Pidgin instead of AIM on Windows and Linux, so they weren't even showing me ads on the contact window. The last time I really used AIM was my Verizon Motorola e815 flip phone. I was somehow able to send aim messages that did not count as text messages or data. It made no sense. There were also no ads in the app."}
{"_id": "496670", "title": "", "text": "I think it would be a wise move on the part of the 3D printing small businesses if contingency plans were put in place: Plan on alternate locations with backup printers, or better yet, print offsite in several undisclosed locations and employ couriers to transport the parts to the final customer. A dispersed mechanism is much harder to squash, and if a business starts by using satellite printers in the first place it's much easier to bring previously unused resources online in the event of a disruption. Better yet, subcontract the printing to individuals around your area that have the capabilities, giving them a steady stream of income in return for a reduced rate. I anticipate demand for this sort of service will pick up as both variety of materials and performance characteristics of output products improves. This will last until 3D printing is so ubiquitous that Epson and HP are selling units as cheaply as you buy Inkjet printers now. By that time, smart printing services will have figured out alternative ways to stay in business instead of fighting to stay on top just like the older business models they usurped."}
{"_id": "496681", "title": "", "text": "There is certainly an obligation in some cases of a company to distribute profit, either as dividend or a stock buy back. Activist investors frequently push for one or the other when a company is doing well - sometimes to the detriment of future growth, in some eyes - and can even file shareholder lawsuits (saying the company is not doing its duty to its shareholders by simply holding onto cash).  Apple famously held out from doing either for years under Steve Jobs, and only in the last few years started doing both - a large dividend and a share buy-back which increases the value of remaining shares (as EPS then goes up with fewer shares out there).  Carl Icahn for example is one of those investors in Apple's case [and in many cases!] who put significant pressure, particularly when they were sitting on hundreds of billions of dollars. Ultimately, a (for-profit) corporation's board is tasked with maximizing its shareholder's wealth; as such, it can buy back shares, pay dividends, sell the company, liquidate the company, or expand the company, at its discretion, so long as it can justify to its shareholders that it is still attempting to maximize the value of their holdings.  Companies in their growth phase often don't return any money and simply reinvest - but the long-term hope is to either return money in the form of dividends on profits, or the sale of the company."}
{"_id": "496686", "title": "", "text": "Ryanair pays either your next flight or you get a refund of your booked flight. You also have the right to get a compensation depending on your flight distance. The range is from 250\u20ac-400\u20ac. Extra transfer costs or additional hotel cost should be covered by Ryanair as well. So go and get your money back!"}
{"_id": "496709", "title": "", "text": "$100B? Really? Sounds like horseshit.   And China not only is still a developing nation but also is far ahead of us in developing sustainable fuels.   And again, we have zero leverage to force them to even restructure trade deals, let alone a climate deal.   Get a grip on reality."}
{"_id": "496743", "title": "", "text": "Great effort on the question. All I can advise is: If paypal does not provide the mapping table (Type, Status, Credit/Debit) you will have to build it up yourself as you go along. I would tackle it this way: Your SQL mapping table has Credit/Debit entries for all knows combinations and the Credit/Debit entry would be -1 for all. Then, as you get a list of transactions you will have to display all possible results to the user who will then tick the correct one (comparing it to the balance). You would store the Credit/Debit entry if it is unique. This way you will learn what the possible combinations are over time. Its a to the nth problem, so maybe start with a small number of transactions first. I expect you can build up pretty quickly. It will be an interesting experiment..."}
{"_id": "496752", "title": "", "text": "As mentioned, the main advantage of a 15-year loan compared to a 30-year loan is that the 15-year loan should come at a discounted rate.  All things equal, the main advantage of the 30-year loan is that the payment is lower. A completely different argument from what you are hearing is that if you can get a low interest rate, you should get the longest loan possible.  It seem unlikely that interest rates are going to get much lower than they are and it's far more likely that they will get higher.  In 15 years, if interest rates are back up around 6% or more (where they were when I bought my first home) and you are 15 years into a 30 year mortgage, you'll being enjoying an interest rate that no one can get. You need to keep in mind that as the loan is paid off, you will earn exactly 0% on the principal you've paid.  If for some reason the value of the home drops, you lose that portion of the principal.  The only way you can get access to that capital is to sell the house.  You (generally) can't sell part of the house to send a kid to college.  You can take out another mortgage but it is going to be at the current going rate which is likely higher than current rates. Another thing to consider that over the course of 30 years, inflation is going to make a fixed payment cheaper over time.  Let's say you make $60K and you have a monthly payment of $1000 or 20% of your annual income.  In 15 years at a 1% annualized wage growth rate, it will be 17% of your income.  If you get a few raises or inflation jumps up, it will be a lot more than that.  For example, at a 2% annualized growth rate, it's only 15% of your income after 15 years. In places where long-term fixed rates are not available, shorter mortgages are common because of the risk of higher rates later.  It's also more common to pay them off early for the same reason.   Taking on a higher payment to pay off the loan early only really only helps you if you can get through the entire payment and 15 years is still a long way off.  Then if you lose your job then, you only have to worry about taxes and upkeep but that means you can still lose the home.  If you instead take the extra money and keep a rainy day fund, you'll have access to that money if you hit a rough patch.  If you put all of your extra cash in the house, you'll be forced to sell if you need that capital and it may not be at the best time.  You might not even be able to pay off the loan at the current market value. My father took out a 30 year loan and followed the advice of an older coworker to 'buy as much house as possible because inflation will pay for it'.  By the end of the loan, he was paying something like $250 a month and the house was worth upwards of $200K.  That is, his mortgage payment was less than the payment on a cheap car.  It was an insignificant cost compared to his income and he had been able to invest enough to retire in comfort.  Of course when he bought it, inflation was above 10% so it's bit different today but the same concepts still apply, just different numbers.  I personally would not take anything less than a 30 year loan at current rates unless I planned to retire in 15 years."}
{"_id": "496767", "title": "", "text": "\"The Bank of England will simply increase some numbers in a computer.  It will then buy UK Government Bonds (debt) and other financial assets from their favorite banks and investment firms with the newly created money that they just pulled out of thin air.  It's a win-win-lose.  Your government wins by getting more cash to waste, the elite global bankers win by getting more cash to swim around in, and you lose because the money supply inflates, so the small amount of cash you have now has even less buying power.  It's the perfect scheme for the government and banking elites.  They steal your money from you without you even noticing and just pretend it's a normal part of life.  But I expect all the Krugman worshipers to tell me why I'm wrong, throw around some obscure keyensian terms like \"\"liquidity trap\"\", and tell you why this is all good for you and to just shut up, accept it and keep quite.\""}
{"_id": "496780", "title": "", "text": "&gt; Their housing market appears to have really hit rock bottom,  Yep.  We didn't have the bubble of the 200Xs, but we crashed with everyone else.  Want to buy a house in Wayne County, MI?  I've got a good deal for you, 40% off what I paid for it in 2002."}
{"_id": "496781", "title": "", "text": "(yes, this should probably be a comment, not an answer ... but it's a bit long). I don't know what the laws are specifically about this, but my grandfather used to be on the board of a company that he helped to found ... and back in the 1980s, there was a period when the stock price suddenly quadrupled One of the officers in the company, knowing that the stock was over-valued, sold around a third of his shares ... and he got investigated for insider trading.  I don't recall if he was ever charged with anything, but there were some false rumors spreading about the company at the time (one was that they had something that you could sprinkle on meat to reduce the cholesterol).  I don't know where the rumors came from, but I've always assumed it was some sort of pump-and-dump stock manipulation, as this was decades before they were on the S&P 500 small cap. After that, the company had a policy where officers had to announce they were selling stock, and that it wouldn't execute for some time (1? 2 weeks? something like that).  I don't know if that was the SEC's doing, or something that the company came up with on their own."}
{"_id": "496789", "title": "", "text": "\"sigh.. michael lewis what have you done.. he's created an army of people spouting non-sense yet have no idea **wtf** they're talking about. HFT is not really \"\"skimming\"\" money from you, they're providing liquidity and making markets more efficient. Would you rather pineapples cost 20$, or would you rather they cost 5.50$, and someone is willing to take on 50 cents worth of risk in exchange for a chance at some profit. The description below about \"\"beating you to the punch\"\" is just unbelievably wrong as well.   http://www.forbes.com/sites/timworstall/2014/03/31/michael-lewis-is-entirely-wrong-about-high-frequency-trading-hitting-the-little-guy/   http://www.businessweek.com/articles/2014-04-01/what-michael-lewis-gets-wrong-about-high-frequency-trading   http://www.slate.com/articles/business/books/2014/04/michael_lewis_s_flash_boys_about_high_frequency_trading_reviewed.html\""}
{"_id": "496795", "title": "", "text": "Agreed; additionally, a good portion of our population knows no history. They are being manipulated with the same rhetoric that's been misleading the masses forever.  American families should all be making significantly more money but those darn minorities and terrorists (insert non-sense here). Socialism is stigmatised and most people don't understand just how much they would benefit from more socialist policy. One of the two major political parties is also ignoring the very liberal direction their base wants to go. They tried to shove an establishment, status-quo politician down our throats and now we have the embodiment of the American disease as our head of state."}
{"_id": "496800", "title": "", "text": "True. That, and the fact that median household income hasn't increased in two decades, while housing has now passed its prior (unsustainable) highs and is now more expensive than ever before in US history.   That's a recipe for misery if there ever was one."}
{"_id": "496819", "title": "", "text": "\"Let me summarize your question for you: \"\"I do not have the down payment that the lender requires for a mortgage. How can I still acquire the mortgage?\"\" Short answer: Find another lender or find more cash. Don't overly complicate the scenario. The correct answer is that the lender is free to do what they want. They deem it too risky to lend you $1.1M against this $1.8M property, unless they have $700k up front. You want their money, so you must accept their terms. If other lenders have the same outlook, consider that you cannot afford this house. Find a cheaper house.\""}
{"_id": "496820", "title": "", "text": "When you invest (say $1000) in (say 100 shares) of a mutual fund at $10 per share, and the price of the shares changes,  you do not have a capital gain or loss, and you do not have to declare anything to the IRS or make any entry on any line on Form 1040 or tell anyone else about it either. You can brag about it at parties if the share price has gone up, or weep bitter tears into your cocktail if the price has gone down, but the IRS not only does not care, but it will not let you deduct the paper loss or pay taxes on the paper gain.  What you put down on Form 1040 Schedules B   and D is precisely what the mutual fund will tell you on   Form 1099-DIV (and Form 1099-B), no more, no less. If you did not report any of these amounts on your previous   tax returns, you need to file amended tax returns, both   Federal as well as State, A stock mutual fund invests in stocks and the fund manager may buy and sell some stocks during the course of the year. If he makes a profit, that money will be distributed to the share holders of the mutual fund. That money can be re-invested in more shares of the same mutual fund or taken as cash  (and possibly invested in some other fund). This  capital gain distribution is reported to you on Form 1099-DIV and you have to report sit on your tax return even if you re-invested in more share of the same mutual fund, and the amount of the distribution is taxable income to you. Similarly, if the stocks owned by the mutual fund pay dividends, those will be passed on to you as a dividend distribution and all the above still applies. You can choose to reinvest, etc, the amount will be reported to you on Form 1099-DIV, and you need to report it to the IRS and include it in your taxable income. If the mutual fund manager loses money in the buying and selling he will not tell you that he lost money but it will be visible as a reduction in the price of the shares. The loss will not be reported to you on Form 1099-DIV and you cannot do anything about it.  Especially important, you cannot declare to the IRS that you have a loss and you cannot deduct the loss on your income tax returns that year. When you finally sell your shares in the mutual fund, you will have a gain or loss that you can pay taxes on or deduct. Say the mutual fund paid a dividend of $33 one year and you re-invested the money into the mutual fund, buying 3 shares at the then cost of $11 per share. You declare the $33 on your tax return that year and pay taxes on it. Two years later, you sell all 103 shares that you own for $10.50 per share.  Your total investment was $1000 + $33 = $1033. You get $1081.50 from the fund, and you will owe taxes on $1081.50 - $1033 = $48.50. You have a profit of $50 on the 100 shares originally bought and a loss of $1.50 on the 3 shares bought for $11: the net result is a gain of $48.50. You do not pay taxes on $81.50 as the profit from your original $1000 investment; you pay taxes only on $48.50 (remember that you already paid taxes on the $33). The mutual fund will report on Form 1099-B that you sold 103 shares for $1081.50 and that you bought the 103 shares for  an average price of $1033/103 = $10.029 per share. The difference is taxable income to you. If you sell the 103 shares for $9 per share (say),   then you get $927 out of an investment of $1033 for   a capital loss of $106. This will be reported to you   on Form 1099-B and you will enter the amounts on   Schedule D of Form 1040 as a capital loss. What you actually pay taxes on is the net capital gain, if any, after combining all your capital gains and losses for the year. If the net is a loss, you can deduct up to $3000 in a year, and carry the rest  forward to later years to offset capital gains in later years. But, your unrealized capital gains or losses (those that occur because the mutual fund share price goes up and down like a yoyo while you grin or grit your teeth and hang on to your shares) are not reported or deducted or taxed anywhere. It is more complicated when you don't sell all the shares you own in the mutual fund or if you sell shares within one year of buying them, but let's stick to simple cases."}
{"_id": "496857", "title": "", "text": "\"HSBC, Hang Seng, and other HK banks had a series of special savings account offers when I lived in HK a few years ago.  Some could be linked to the performance of your favorite stock or country's stock index. Interest rates were higher back then, around 6% one year.  What they were effectively doing is taking the interest you would have earned and used it to place a bet on the stock or index in question.  Technically, one way this can be done, for instance, is with call options and zero coupon bonds or notes.  But there was nothing to strategize with once the account was set up, so the investor did not need to know how it worked behind the scenes... Looking at the deposit plus offering in particular, this one looks a little more dangerous than what I describe.  See, now we are in an economy of low almost zero interest rates.  So to boost the offered rate the bank is offering you an account where you guarantee the AUD/HKD rate for the bank in exchange for some extra interest.  Effectively they sell AUD options (or want to cover their own AUD exposures) and you get some of that as extra interest.  Problem is, if the AUD declines, then you lose money because the savings and interest will be converted to AUD at a contractual rate that you are agreeing to now when you take the deposit plus account.  This risk of loss is also mentioned in the fine print. I wouldn't recommend this especially if the risks are not clear. If you read the fine print, you may determine you are better off with a multicurrency account, where you can change your HK$ into any currency you like and earn interest in that currency. None of these were \"\"leveraged\"\" forex accounts where you can bet on tiny fluctuations in currencies.  Tiny being like 1% or 2% moves.  Generally you should beware anything offering 50:1 or more leverage as a way to possibly lose all of your money quickly. Since you mentioned being a US citizen, you should learn about IRS form TD F 90-22.1 (which must be filed yearly if you have over $10,000 in foreign accounts) and google a little about the \"\"foreign account tax compliance act\"\", which shows a shift of the government towards more strict oversight of foreign accounts.\""}
{"_id": "496858", "title": "", "text": "The individual drivers are the ones who should be making the decision as to whether Uber's treatment of them is acceptable.  The notion that you, me, London's mayor, or any other third party should make that decision on their behalf is paternalistic and denies them their [agency](https://en.wikipedia.org/wiki/Agency_%28sociology%29).  Edit: hyperlink formatting."}
{"_id": "496861", "title": "", "text": "The economy is getting overly competitive and last one decade has been pretty notable in this direction. While the consumers are definitely at advantage through such competition which throws up price wars and more options of buying in the market.For More Info:- http://www.startupmentor.co.in/"}
{"_id": "496876", "title": "", "text": "Why are you reading them? Most undergrad books are good enough for a general understanding of a subject. Graduate books, on the other hand, can sometimes get a bit difficult to read and start to throw in measure theory and other abstract concepts, and they're more rigorous with definitions compared to the intuitive explanations of undergrad books (this can be a good or bad thing). I probably wouldn't bother unless you're looking to take graduate level classes in the subjects.  With that said, Hull's book isn't too advanced and you would probably not have too much difficulty with it, so recommended. Not sure if I've read the corp fin book."}
{"_id": "496899", "title": "", "text": "The really simple answer is that compound interest is compound not linear.  Money invested for longer earns more interest, and the sooner you start investing, the longer it has to earn interest.  These ideas come out of pension investment where 65 is the usual retirement age and what you invest in the 1st ten years of your pension (or any other compound interest fund) accounts for over 50% of what you will get out. 25 to 65 is forty years and $100 invested at 7% for 40 years is $1400.  $100 invested every year for 40 years the pot would be worth just under $20,000. At 30 years, it would be worth under $10,000, and at 20 years it would be worth only $4099.  If you double your investment amount every 10 years you would have invested $15700, and the pot would be worth $45,457. Do exactly the same but starting at 35 instead of 25 and your pot would only be worth $14,200."}
{"_id": "496921", "title": "", "text": "\"The hardest part seems to be knowing exactly when to sell the stock.  Well yes, that's the problem with all stock investing. Reports come out all the time, sometimes even from very smart people with no motivation to lie, about expected earnings for this company, or for that industry. Whether those predictions come true is something you will only find out with time. What you are considering is using financial information available to you (and equally available to the public) to make investment choices. This is called 'fundamental analysis'; that is, the analysis of the fundamentals of a business and what it should be worth. It forms the basis of how many investment firms decide where to put their money.  In a perfectly 'efficient' market, all information available to the public is immediately factored into the market price for that company's stock. ie: if a bank report states with absolute certainty (through leaked documents) that Coca-Cola is going to announce 10% revenue growth tomorrow, then everyone will immediately buy Coca-Cola stock today, and then tomorrow there would be no impact. Even if PwC is 100% accurate in its predictions, if the rest of the market agrees with them, then the price at the time of IPO would equal the future value of the cashflows, meaning there would be no gain unless results surpassed expectations. So what you are proposing is to take one sliver of the information available to the public (have you also read all publicly available reports on those businesses and their industries?), and using that to make a high risk investment. Are you going to do better than the investment firms that have teams of researchers and years of experience in the investment world? You can do quite well by picking individual stocks, but you can also lose a lot of money if you do it haphazardly. Be aware that there is risk in doing any type of investing. There is higher than average risk if you invest in equities ('the stock market'). There is higher risk still, if you pick individual stocks. There is yet even higher risk, if you pick small startup companies.  There are some specific interesting side-elements with your proposal to purchase stock about to have an IPO - those are better dealt with in a separate question if you want more information; search this site for 'IPO' and you should find a good starting point. In short, the company about to go public will hire a firm of analysts who will try to calculate the best price the public will accept for an offering of shares. Stock often goes up after IPO, but not always. Sometimes the company doesn't even fill its full IPO order, adding a new type of risk to a potential investor, that the stock will drop on day 1. Consider an analogy outside the investing world:  Let's say Auto Trader magazine prints an article that says \"\"all 2015 Honda Civics are worth $15,000 if they have less than 50,000 Miles.\"\" Assume you have no particular knowledge about cars. If you read this article, and you see an ad in the paper the next day for a Honda Civic with 40k miles, should you buy it for $14k? The answer is not without more research. And even if you determine enough about cars to find one for $14k that you can reasonably sell for $15k, there's a whole world of mechanics out there who buy and sell cars for a living, and they have an edge both because they can repair the cars themselves to sell for more, and also because they have experience to spot low-offers faster than you. And if you pick a clunker (or a stock that doesn't perform even when everyone expected it would), then you could lose some serious money. As with buying and selling individual stocks, there is money to be made from car trading, but that money gets made by people who really know what they're doing. People who go in without full information are the ones who lose money in the long run.\""}
{"_id": "496923", "title": "", "text": "Have you looked at ThinkorSwim, which is now part of TD Ameritrade? Because of their new owner, you'll certainly be accepted as a US customer and the support will likely be responsive. They are certainly pushing webinars and learning resources around the ThinkorSwim platform. At the least you can start a Live Help session and get your answers. That link will take you to the supported order types list. Another tab there will show you the currency pairs. USD is available with both CAD and JPY. Looks like the minimum balance requirement is $25k across all ThinkorSwim accounts. Barron's likes the platform and their annual review may help you find reasons to like it. Here is more specific news from a press release: OMAHA, Neb., Aug 24, 2010 (BUSINESS   WIRE) -- TD AMERITRADE Holding   Corporation (NASDAQ: AMTD) today   announced that futures and spot forex   (foreign exchange) trading   capabilities are now available via the   firm's thinkorswim from TD AMERITRADE   trading platform, joining the recently   introduced complex options   functionality."}
{"_id": "496933", "title": "", "text": "Get A Site Now is an online marketing agency based in Oklahoma City, OK. We have been offering our services for many years as consultants specialized in digital marketing, web design and development, graphic design, SEO and SEM web positioning as well as advertising in digital media, connect for Web Design services in Oklahoma. Our SEO techniques help the websites organic search to increase drastically and compete for the top rankings for highly competitive keywords. We are a transparent and close online marketing agency."}
{"_id": "496934", "title": "", "text": "\"Ha, that's cute. Your attitude towards the \"\"poor problem\"\" tells me you know nothing about being a worthwhile member of society. But by all means, keep looking down on poor people for their lack of \"\"trying\"\" or whatever other stupid BS you think the problem is and grandstanding about how they just need to do better.\""}
{"_id": "496935", "title": "", "text": "\"&gt;But I think that humans have that potential to bring out something that uniquely is their own in whatever they are making.  Agree, the data scientist in House of Cards summed it up perfectly: \"\"People didn't know they like Jazz till they heard it.\"\"\""}
{"_id": "496947", "title": "", "text": "You send the proper form to the other person for the amount you gave him, and file it as your business expense on your Schedule C."}
{"_id": "496952", "title": "", "text": "Well, there is always TVIX for all your 2x leverage needs. The prospectus even admits that the ETN is going to zero in the long run, because of its construction.  The issue with shorting vola is that it works up until the point where you get caught in a huge and sudden squeeze that wipes out months of gains and possibly more."}
{"_id": "496959", "title": "", "text": "As others have said, make sure you can and do file your taxes on a cash basis (not accrual). It sounds like it's very unlikely the company is going to issue you a 1099 for invoices they never paid you. So you just file last year's taxes based on your income, which is the money you actually received. If they do pay you later, in the new year, you'll include that income on next year's tax return, and you would expect a 1099 at that time. Side note: not getting paid is unfortunately common for consultants and contractors. Take the first unpaid invoice and sue them in small claims court. After you win (and collect!), tell them you'll sue them for each unpaid invoice in turn until they pay you in full. (You might need to break up the lawsuits like that to remain under the small claims limit.)"}
{"_id": "496980", "title": "", "text": "&gt;This whole article sounds like it was paid off by cable and internet providers. Don\u2019t get me wrong these web companies definitely need to be hammered down on specially after what happened this past election.  &gt;However this article is trying to make a point that getting rid of net neutrality is the right thing to do. Net neutrality is the rule that prevents cable/internet companies to charge you more for access to certain websites than others, in a similar way they do with television today. The same cable/internet companies that lobbied and won the right to sell your browsing history the same way these web companies do.  &gt;And if we talk about monopolies we should also be looking at AT&amp;T, Comcast, Verizon and various other companies that have a strong hold on today\u2019s consumers.   To me, the article says nothing that you assert...  &gt;The FCC is right to revisit the illogical \u201cpublic utility\u201d rules imposed on broadband companies by former FCC Chair Tom Wheeler, who seemed eager to do The Web Trust\u2019s bidding. Unlike search or social media, connectivity is an innovative, fluid market with competing wired and wireless options that have continually improved consumers\u2019 ability to reach anybody or anything, anywhere. We now have not just companies, but whole systems and technologies like cable, fiber, satellite, cellular, DSL and other options that compete for your attention. The FCC is right to reject obsolete Ma Bell era regulation that denies this basic fact.  &gt;But the more pressing question is: **What obligations should be imposed on the Web Trust giants as they embed themselves ever further into our lives?** How do we assure ourselves that the \u201cusers\u201d they connect us to are human or that the search results they feed us are based on merit \u2014 not pay for play (or worse, algorithmic racism).  &gt;It\u2019s time to consider whether to break up the Google search and advertising functions, or to deny safe harbors that protect the tech platforms if they turn a blind eye to sex trafficking or commercial piracy. **We need a new privacy Bill of Rights to demystify the algorithms that track and tag you and shape your on-line experience.**    &gt;In these partisan times, it speaks to how dangerous The Web Trust has become that both Republicans and Democrats are calling for action and reform. *If Congress and the administration want to preserve a truly open internet, they need to become the trustbusters for a new, digital generation.*  Actually, no where in the article does it express anything about opposition to NN. The article is about breaking a Monopoly, which does not correlate to opposing NN. --See highlighted line.  This article is not anti-NN, this article is anti-monopoly!  You must be with Google."}
{"_id": "496994", "title": "", "text": "They are intertwined, that recommendation part is huge for both Google and Amazon when it comes to shopping. I bet Amazon took a lot of money from by having this smart recommendation system, no need to google it. Before you had to search for each company to order their product. Amazon means less search for them. They might be in different business but it doesn't mean one isn't shadowing the other."}
{"_id": "496997", "title": "", "text": "\"The other answers are good, I would just like to add certain points, taking this question together with the previous ones you have asked here. How can a person measure how much to spend on food, car, bills or rent   from his salary? Is there a formula to keep in check? Basically, it may well be that your best option would be to move to a smaller apartment or worse location to bring down rent, possibly forget about your own study in the worst case, sell the car and use public transportation, eat as many meals as possible at home, bring boxed lunch from home to work, if this applies, etc -- whatever makes a saving and sense to you. Regarding food, this is the point where it is usually possible to save a very significant amount, if you are prepared to make food at home. Unless you are already doing it, look around for articles such as \"\"living on 20 pounds a week\"\" or so, maybe they will give you ideas you can use (eg. How to eat on 10 pounds a week: shopping list and recipes) -- where you are shopping is crucial here as similar items can differ in price significantly between different chains. If the electricity bill is significant and you are at home a lot, you could try to bring it down by changing all bulbs in your home to LED ones, unless it has already been done. Yes, they can cost 2-3 more than eg. halogen ones, but they use 5-10x less electricity. Forget credit cards, if possible. Use debit cards so you know the money you spend does not get you into more debt. One question you asked here was about exchange rates -- if you work with different currencies a lot, there are several companies such as Revolut or N26, which offer accounts with debit cards that use near FX rates --- in my experiencee I could save around 10-15% on currency conversion EUR/GBP, using Revolut, compared to my local bank rate, for example. I find myself looking at my account every single day and get tensed   and sad because almost whenever the money (pay) comes in I freak out   that after everything there is nothing for us to enjoy or save. Well, yes. That is nearly the definition of too much debt. The point about going to the extremes of reducing expenses I outlined above, is that the more you can reduce your expenses while struggling with debt, the faster you'll get out of it. It might be hard to adapt, but it will be better, if you can calculate how long it will take to get you back on feet and know that, eg. \"\"in 6 months I can start to think of savings and carefully upgrading my lifestyle back\"\".  In turn, the smaller the reduction of expenses, the more prolonged the process -- you might be looking at 2-3 years of insecure/constantly frustrating/risking more debt lifestyle, instead of 6 months of severely reduced one. Alternatively, if things go too bleak, you might consider declaring bankrupcy -- although I am not sure how feasible it is in the UK.\""}
{"_id": "497016", "title": "", "text": "You're missing the point. You can't save any money if you're required to spend all of it. Most costs like housing, transportation, utilities, etc. are highly fixed. Beyond illegally violating fire codes (what the Mexicans generally do) or building codes theres very little you can do. Unless you loosen the laws for flop houses but I'm quite certain many white home owners would be against that."}
{"_id": "497018", "title": "", "text": "Well, the simple answer is that I reject the assumptions of demand-side economics. I don't believe that the velocity of money matters, because money isn't real. It's just a proxy for actual value which is derived from the subjective perception of people.  The trouble with looking at data is that it's all observational data, not experimental, so a substantial amount of judgement needs to be employed in interpreting causation, and with economics being a politically charged discipline, there's significant risk of bias in making those judgements, particularly if they are being made in an ideologically homogeneous setting (such as much of present-day academia).  I look at economics from a rationalist epistemological lens, rather than an empiricist one, which is why I don't take studies as seriously as some others do."}
{"_id": "497036", "title": "", "text": "Banks also need in-house web developers so if you don't want to switch from doing that then it should be possible. Especially if you are up for working with mobile/ubiquitous computing side of things. That seems to be the next step for retail banking anyway. For investment banking I'm not really sure of the need of web developers. I guess some offer different forms of online platforms (e-trading stuff) but most of what developers do is internal stuff that never see outside customers. Those could be built using similar technologies I guess."}
{"_id": "497037", "title": "", "text": "Agreed that luck is important, but in everything I've read about the extremely successful, it seems that careful measured analysis played just as crucial a role in their success. Something that these guys appear to be advising startups to ignore.   But again, maybe pure instinct is the only way to run the fast-paced type of business they're operating. Also that quote I cited may have just been an off-the-cuff remark, not meant to be taken literally."}
{"_id": "497060", "title": "", "text": "One reason to prefer a dividend-paying stock is when you don't plan to reinvest the dividends.  For example, if you're retired and living off the income from your investments, a dividend-paying stock can give you a relatively stable income."}
{"_id": "497071", "title": "", "text": "Your calculations are correct. It is likely that the bank's software has a rounding error.  In effect, either your bank is overstating your interest by eight cents per month, or your bank is insisting that you prepay your principal by eight cents per month.  If the bank's ongoing interest calculations are correct, your final payment will be slightly smaller (because of the prepaid principal, and because of compound interest on those prepayments).  I have performed similar calculations for my mortgages over the years, and except upon early payoff in the middle of the month, I have always matched my banks' calculations to the penny.  Ironically, this means that my banks' formulas are a bit weird: After making these adjustments, even my calculations for the mid-month payoff matched to the penny."}
{"_id": "497072", "title": "", "text": "\"I'm still a die-hard Craftsman man. For Christmas this year I asked for some home repair tools and specified \"\"Craftsmen only.\"\"  None of that Craftsman Legacy (or whatever the fuck it is) crap that doesn't have the lifetime warranty.\""}
{"_id": "497075", "title": "", "text": "I'm of the belief that you should always put 20% down.  The lower interest rate will save you thousands over the life of the loan.  Also PMI is no different then burning that much cash in the fireplace every month. From Wikipedia Lenders Mortgage Insurance (LMI), also known as Private mortgage insurance (PMI) in the US, is insurance payable to a lender or trustee for a pool of securities that may be required when taking out a mortgage loan. It is insurance to offset losses in the case where a mortgagor is not able to repay the loan and the lender is not able to recover its costs after foreclosure and sale of the mortgaged property. You are basically paying money each month for the bank to be insured against you not paying your mortgage.  But in actuality the asset of the condo should be that insurance. Only you can decide if you are comfortable with having $50k in liquidity or not.  It sounds like a good cushion to me but I don't know the rest of your expenses."}
{"_id": "497097", "title": "", "text": "I have, but they re-direct me to distribuitors in Mexico. The problem is that people who import the product get it waaay cheaper than with the maximum distribuition price in Mexico. But I have no idea where they find the product so cheap on the US..."}
{"_id": "497110", "title": "", "text": "\"Personally, I love my 5\"\" nexus5. The only real stretch for me it's an extreme top left corner.   However, most UX designers recognize this and only rarely used controls are up there.   One handed gaming is not a problem, and the phone fits in my pocket quite nicely. Probably not in women's pockets, but they are not usually designed to carry much anyway... Women carry purses.\""}
{"_id": "497125", "title": "", "text": "I am sorry for your troubles.  Presumably, you are feeling better which is the best possible outcome.  You project that you are an honest person and desire to seek a fair outcome although you were mistreated.  The insurance company should have paid a good portion of this bill. Because of this situation you will learn a valuable lesson.  Namely that collectors are scum.  They lie and manipulate to do their job.  They are trying to generate an emotional reaction out of you so you give in an put this bill on a credit card.  Do not fear them. My advice would be to ignore them.  You can educate yourself on collections law in your state.  They cannot call you at work and they probably cannot call you on a cell phone.  They will threaten to garnish your wages, tax return, and take away your birthday.  Just don't talk to them. When you can save up some money.  Once you have like $1200 attempt to settle in full for that amount.  Get it in writing ahead of time and do not give them access to your checking account.  Use a cashiers check or prepaid visa (that you then throw away).  If they say no, do not argue, hang up and call back when you have 1300.  Rinse, wash, repeat.   There is a decent chance that they have already violated some form of collections law.  If you have proof you can call the company's legal department and provide that proof.  You can then settle on having your collections waived.  In summary: This also presumes you have a lowish household income.  If you make like 70K, jut pay the bill.  I doubt that is the case though."}
{"_id": "497144", "title": "", "text": "For the most part, yes.  /r/economics is where you go to find people that know enough about the field of study to justify bad decisions with mistaken premises.  Around here the masses have no understanding of the mechanics of heterodox economic theory, they just quote it."}
{"_id": "497150", "title": "", "text": "Buy natural Natural PCT from one the best online store which provides genuine and health supplements at affordable prices. These Natural PCT gives human body a perfect balance to restore the body's hormonal system after a cycle of the supplements. It is very safe and effective in helping to restore hormone levels in the human body. Along with these things Natural PCT therapy is a very essential after an anabolic food cycle."}
{"_id": "497151", "title": "", "text": "Not really.  For moderate length (5-6hr) that is a lunch break.  Leave at 6, break after 3hr for lunch, extra charge at 2:30pm for 20m, break at dinner, drive.  Meal alignment and you drove 6am to 8pm or so with only one extra stop.  If you hyper optimize your time that sucks, but was minor imo."}
{"_id": "497172", "title": "", "text": "The machine itself was a total thing of beauty. Over engineered to the Nth degree, and made from billet alloy and exquisitely CnCed, in the most expensive way possible. Adding DRM to the thing was the final, stupid straw.  It's really like they planned to go bankrupt from the very beginning."}
{"_id": "497174", "title": "", "text": "ETFs have caused many if not most stocks on the SP500 to become correlated.  I think at some point in the last couple of years, 90% of the SP500 were correlated to the index itself.  So you're going to see a lot of movement together of most stocks."}
{"_id": "497200", "title": "", "text": "So after you learn some basics about bubbles you might then see that interest rates kept at their lowest since the days they were backed with gold may allow a bubble to form in housing.   You know the bond purchases increased real estate prices right? What is it about the magic $2 Trillion that makes you think the FED hit the spot right on?"}
{"_id": "497203", "title": "", "text": "Every couple years they have these polls. They're total Bullshit because they're not even sanctioned by Congress. The Island HAS voted on becoming a state and independent before, but it has always stays the same--A Free Associated US Territory. Until Congress AND the House make legislature AND THEN actually approve it, THEN a poll like this across the island would make more sense. Even if all that happens tho, it could be vetoed.   Right now this is simply like having a really expensive Twitter poll."}
{"_id": "497210", "title": "", "text": "Well put.  In all the hysteria there is hope.  Scientific advances like contraception and modern farming have changed the resource equation.  Investing in science and understanding of these problems, including how the monetary system works, will continue to help.   Government investing (i.e spending) on technology may be the best way out of the problems OP mentioned.  Bubbles will always happen.  But overall we are living in one of the most stable-peaceful times in human history."}
{"_id": "497216", "title": "", "text": "Rule of thumb: Invest in a tax deferred account only if your marginal tax rate is higher now than it will be in retirement. If you plan on making more taxable income in retirement than you do right now, then you should invest outside a tax deferred account."}
{"_id": "497220", "title": "", "text": "\"The short answer is that you will not be able to go back to whichever discussion you were having and say \"\"the Euro crisis was caused by bailing out private banks,\"\" if that is indeed what you were ultimately searching for here.\""}
{"_id": "497230", "title": "", "text": "I tend to go the motel route and the prices now are within 10 bucks of the AirBNB price, PLUS I can check in and out pretty much anytime, and I don't have to deal with weird locking mechanisms or hour rules.   Just not seeing the case for AirBNB at the low end much these days, except I can sometimes find an AirBNB closer to where I want to be then a motel, for some locations."}
{"_id": "497234", "title": "", "text": "\"SECTION | CONTENT :--|:-- Title | Stuart Smalley's famous quote Description | \"\"I'm good enough. I'm smart enough. And doggone it, people like me.\"\" Length | 0:00:08           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)\""}
{"_id": "497260", "title": "", "text": "\"I'd suggest changing the subject when your friends talk about real estate to save your sanity and friendship.  There's a difference between \"\"belief\"\" and \"\"knowledge\"\". Arguing with a believer isn't a very productive course of action, and will ultimately poison the friendship. Reality is a harsh mistress.\""}
{"_id": "497261", "title": "", "text": "&gt;Executives commonly get good payouts from these things.  First, when companies are in some of bankruptcy or financial distress, they are forced to pay more to retain certain personnel due to the nature of the situation. If the executives left, then nobody would be willing to come in and wind up the assets of the company. It would end up costing even *more* money in the long run because you won't get talented people and you will have to bring in people with little to no knowledge of your company or your industry.  Second, bankruptcy law provides very clear guidelines for the priority of different creditors. And this is tied into the incentives that we want to encourage. If secured creditors did not get priority, then they would never lend and we would not have economic growth. The reason equity shareholders are last in priority is because they took on the risk of owning the company."}
{"_id": "497266", "title": "", "text": "I work as an investment risk manager for what would popularly be called a top tier investment manager. Most large asset managers use vendor models like RiskMetrics, Algorithmics, Barclays Point, Barra or something similar, and use those to calculate endless varieties of analytics and risk metrics.   Some of these are granular risk models (single asset based and computing covariances between them) while others are factor models (e.g. mapping bonds to a yield curve and sector and country spread and computing the risk largely based on that mapping). Things like Value at Risk in any of its many flavors (simulated vs non simulated, mainly), ex-ante risk relative to a benchmark, stress tests, duration, beta, yield, spread, expected shortfall, what have you...   Counterparty/credit risk is a whole different world I could get into. What else do you want to know in detail?"}
{"_id": "497281", "title": "", "text": "There are a number of scholarly articles on the subject including a number at the end of the Vanguard article you reference.  However, unfortunately like much of financial research you can't look at the articles without paying quite a bit. It is not easy to make a generic comparison between lump-sum and dollar cost averaging because there are many ways to do dollar cost averaging.  How long do you average over?  Do you evenly average or exponentially put the money to work?  The easiest way to think about this problem though is does the extra compounding from investing more of the money immediately outweigh the chance that you may have invested all the money when the market is overvalued.  Since the market is usually near the correct value investing in lump sum will usually win out as the Vanguard article suggests. As a side note, while using DCA on a large one time sum of money is generally not optimal, if you have a consistent salary DCA by frequently investing a portion of your salary has been frequently shown to be a very good idea of long periods over saving up a bunch of money and investing it all at once.  In this case you get the compounding advantage of investing early and you avoid investing a large chunk of money when the market is overvalued."}
{"_id": "497291", "title": "", "text": "http://www.bls.gov/news.release/ebs.t05.htm  So... Average american gets 16 days PTO, and 7.6 paid holidays.  None of it required by law.  *Edit: Average american in the first year of their job in 1996.  Didn't bother looking for current rates, as I doubt it has changed substantially.  More current data can be researched and compiled from here: http://www.bls.gov/ncs/ebs/benefits/2013/benefits_leave.htm"}
{"_id": "497300", "title": "", "text": "\"From https://secure.wikimedia.org/wikipedia/en/wiki/Banc: Banq (also Banc, banc-corp, bancorp, or bancorporation) is an intentionally erroneous spelling of the word bank, but pronounced the same way. It has been adopted by companies which are not banks but wish to appear as such, and satisfy legal restrictions on the usage of the word bank. ... For instance, if the original company is known as Bank of America, then the new investment banking entity may be known as Banc of America Securities LLC. If the original company is known as Bank of Manhattan, then its insurance business might be known as \"\"Banc of Manhattan Insurance\"\" and its holding company might be called \"\"Manhattan Bancorp\"\". This practice originates from legal necessity: Under the laws of most states, a corporation may only use the word \"\"bank\"\" in its name if it has obtained a banking charter under state or federal banking laws. So, \"\"Banc of America\"\" is the subsidiary of BoA that doesn't have appropriate licenses to be called \"\"bank\"\". Wonders of complex regulation :)\""}
{"_id": "497301", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.aei.org/publication/warren-buffett-wins-1m-bet-made-a-decade-ago-that-the-sp-500-stock-index-would-outperform-hedge-funds/) reduced by 91%. (I'm a bot) ***** &gt; MP: Specifically, Buffett offered to bet that over a ten-year period from January 1, 2008 to December 31, 2017, the S&amp;P 500 index would outperform a portfolio of funds of hedge funds when performance is measured on a basis net of fee.  &gt; A fund that tracks the S&amp;P 500 fund might have an expense ratio of as little as 0.02%. MP: The chart above shows the annual returns on the S&amp;P 500 index and the average annual returns on a comprehensive index of thousands of hedge funds maintained by Barclay over the period of Buffett&amp;#039;s bet: From 2008 through August of this year.  &gt; Funds of hedge funds accentuate this cost problem because their fees are superimposed on the large fees charged by the hedge funds in which the funds of funds are invested.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71a3oo/warren_buffett_wins_1m_bet_made_a_decade_ago_that/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~213478 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **fund**^#1 **hedge**^#2 **index**^#3 **bet**^#4 **fee**^#5\""}
{"_id": "497304", "title": "", "text": "I might be reading this wrong, but it looks like the cartoon is saying that 4/5 of the USA's population are going to old/retired who are not contributing to the economy.  I'm no demographics expert, but I think in 2020 we'll look a lot more like the 1990 pane than the 2020 pane.  Hell I think in 1970 we looked a lot more like the 1990 pane than the 1970 pane."}
{"_id": "497308", "title": "", "text": "\"Nobody likes economists because they are not held responsible for \"\"externalities\"\" their policies generate.  Point blank; as simple as it can be said.  Until the \"\"profession\"\" starts to take responsibility for its outcomes, they should be expect to be eventually burned at the stake (literally) no matter how \"\"civilized\"\" societies have professed to have become.\""}
{"_id": "497313", "title": "", "text": "It's not a sarcastic response. It is legitimate and if you were a executive, board member (at least one likely knew) or lawyer you would advise at least one of these actions Equifax implemented as well. And you would because you would not have gotten into that position if you didn't know that."}
{"_id": "497329", "title": "", "text": "True, but shitty products is how they get their fuck all pricing.  Say what you will for the virtue of quality, but at least it's an ethos for a sustainable business.   How long do you think Amazon can sustain these prices?"}
{"_id": "497334", "title": "", "text": "\"&gt;Nobody that's actually serious makes this argument&lt;  Which fallacy is that? Is it \"\"No True Scotsman\"\"? Or is it a form of \"\"Argument from anonymous authority\"\"? Or a form of \"\"Ad Hominem\"\" argument\"\". Or \"\"ad populum\"\"?  Whichever fallacy it is, it certainly is not a rational response to the question.\""}
{"_id": "497335", "title": "", "text": "Price for the latest transaction. If the stock is selling for  $898.7 means that the stock is currently trading for  $898.7, and it will be your ask price of stock if you purchase currently."}
{"_id": "497339", "title": "", "text": "We at Geloman Indian Works love to ride, reestablish, resuscitate and improve the execution of Indian cruiser saves. Old Indian motorcycle needing consideration, repair or reclamation couldn't discover it in a superior setting. We provide the best service and all spares for Indian motorcycle like: Indian 338 motorcycle, Indian 741 motorcycle, Indian 341 motorcycle spares parts, antique indian motorcycle and more. We provide indian motorcycle's best quality spare parts at extremely affordable rates."}
{"_id": "497344", "title": "", "text": "\"For equities, buy direct from the transfer agent. You have to buy one full share at a minimum but after that dividend reinvestment is free.  There are others like share builder and foliofn that let you buy fractional shares. As the other poster said their roster is limited so you cannot buy every ETF out there.  With your example of not wanting to spend $200 I agree with the others that you should invest in a mutual fund. Vanguard will have every index fund you need and can invest as little as $50, as long as you sign up for a systematic investment draft from your bank. Plus vanguard typically has the lowest fees in the industry.  The most important thing is to start investing as soon as possible and as regular as possible. \"\"Pay yourself first\"\"\""}
{"_id": "497347", "title": "", "text": "Vehicle Recovery Service in Galway Vehicle Recovery Service in Galway is reliable and provides an affordable transport service and a affordable recovery service. Vehicle Recovery Service in Galway is available for vehicle collection, delivery to dealerships, garages, vehicle dismantlers, scrap yards and car breakers in Galway. If your vehicle breakdown we can bring it to a local, reliable repair centre, your local repair centre.  http://www.localbind.ie/"}
{"_id": "497359", "title": "", "text": "You should also update your Net Worth Statement as well as an inventory of all your assets.  Unfortunately these are extremely time consuming, but in the event that you pass away your loved ones will know all of your finances and it will be easier for them in a very difficult time.   The Net Worth Statement compiles just that, your net worth.  The net worth is compiled by subtracting your liabilities from you assets.  Assets include things such as cash, money in accounts, all estimated value of your household items, any life insurance, bonds, mutual bonds, and retirement money.  The liabilities include amounts such as your mortgage, second mortgage, car loans, unsecured loans, credit cards, student loans, and life insurance loans.  This statement is a great way to track year to year how you are doing on your finances and if you are where you need to be in order to retire when you would like. The Inventory is also very important. This is used in the event that you have a fire or some sort of disaster that requires you to give a statement of any items you had in your home.  This is a very difficult thing to go through, and having this statement ready to hand over only makes thing easier.  There are a couple ways to do this.  Some people take pictures of everything they have in their house and make notes of prices and values, some people take a video of the whole house, and some people write down item by item on the computer or on a piece of paper.  Whatever way you would like to do it is fine, what works for one person does not necessarily work for the other."}
{"_id": "497370", "title": "", "text": "\"For me, the main benefit of using duplicate checks is that the copy is created automatically.  If I had to take an extra step, whether taking a photo or writing on a stub, I would probably not always remember to do it.  There is also the issue that you might need to write a check when you don't have your smartphone with you, or it is broken or has a dead battery, etc. There are various pros and cons of having an electronic record versus a paper record.  A paper copy of a check is more vulnerable to physical loss or intrusion, but an electronic record is more vulnerable to hacking.  You also have to keep the images organized somehow, and take care of data security and backups for the images.  You'll have to evaluate which is the greater concern for you. A minor side point is that check duplicates often omit the account number and obscure your signature.  A photo of the original check would include both of these. As far as \"\"evidence\"\", it seems to me they're both equally good evidence that you wrote the check - but that's not really that useful.  In most sorts of disputes, what you would need to prove is that you actually delivered the check to the intended recipient, and neither the photo nor the paper copy is evidence of that.  You could have written the check, taken your photo / copy, and then torn it up.\""}
{"_id": "497374", "title": "", "text": "Average hours worked actually increased that month. This is a better measure of job quality that simply the portion of jobs that are full or part time. It means that most of the full time jobs lost that month were low hour full time jobs and/or most of the part time jobs that were gained that month were high hour part time jobs.   Cynics can always cherry pick, but if you look at the more meaningful numbers the economy is still slowly improving."}
{"_id": "497381", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.heritage.org/welfare/report/five-myths-about-welfare-and-child-poverty) reduced by 98%. (I'm a bot) ***** &gt; Even in a non-expansion state, the single mother will still have substantially more combined income from welfare and earnings by holding a minimum-wage job than by relying only on welfare.  &gt; The notion of a welfare poverty trap is typically based on analyses using combinations of welfare benefits that rarely occur in the real world.  &gt; The data in the article show that when a single mother has earnings at the poverty level, she will typically have combined earnings and welfare at roughly twice the poverty level.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6uzqzz/five_myths_about_welfare_and_child_poverty/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~195270 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **welfare**^#1 **benefit**^#2 **work**^#3 **program**^#4 **percent**^#5\""}
{"_id": "497383", "title": "", "text": "The problem with a little bit of deflation is that it can turn into a lot of deflation very quickly.  That id the risk of the so-called liquidity trap.  a place where the Fed truly does lose its power and depressions become possible.  The US housing market is in a secular depression.  People aren't buying despite record low rates because they assume the house will be cheaper next year.  Now imagine that across the entire economy.  The longer you wait the cheaper things get.  It *sounds* groovy but the problem is that it isn't just you waiting...it is everyone waiting, all at the same time.  So the economy, such as it is, grinds to a halt and jobs vanish and things get even cheaper.  It is a cycle that is extremely costly to get out of.  The last time we fell into a depression it took massive new government spending programs plus a world war to fully pull us out of it.  Some people might make the argument that you need a good long depression every now and then.  They may say that, in fact, the Great Depression was the catalyst for policies that set America up for 70 years of solid economic growth.  I'm not so sure.  I do look at our current situation with bailed out zombie banks and I have to wonder if just letting them all fail may have been better even though the short term pain would have been severe.  We'll probably know in about 5 years if they did the right thing."}
{"_id": "497401", "title": "", "text": "I worked for sears and it was the most abysmally fucking shitty place to work that I have ever experienced... Perhaps it was because I was an rebellious 17 year old that would come in wearing wingtips and a tie, or perhaps it was because I was getting paid 5-7.5% comission on tv's where the markup was close to 40%.  I was taught to upsell people to tv's that were worse than other models with lower price tags.  I also learned that Sylvania is basically the most aidsy brand of tv on the planet."}
{"_id": "497408", "title": "", "text": "I can't answer the question if you should or shouldn't get a credit card; after all, you seem to manage fine without one (which is good). I started using credit cards when I lived in the UK as the consumer protection you get from a credit card there tends to be better than from a debit card. I'd also treat it as a debit or charge card, ie pay it off in full every month. That way, because you're not carrying a balance the high interest rate doesn't matter and you avoid the trap of digging yourself deeper into the hole each month. Cashback or other perks offered by a credit card can be worth it, but (a) make sure that they're worth more than the yearly fee and (b) that they're perks you're actually using. For that reason, cashback tends to work best. I'd get a VISA or Mastercard, they seem to be the ones that pretty much everybody accepts. Amex can have better perks but tends to be more expensive and isn't accepted everywhere, especially not outside the US. But in the end, do you really need one if you're managing fine without one?"}
{"_id": "497434", "title": "", "text": "\"There is the price they want and the price you pay. Everything is negotiable when its a service (always possible, but usually harder with actual \"\"goods\"\"). You should always haggle and price match your vendors. You can also try going to different vendors and not telling them its for a wedding and see if there really is a price difference. For example, call up a florist and say you need X, Y, and Z for a corporate banquet or for a special event for which you cannot give the details. If you then tell them its actually a wedding, and they blindly raise it without a good justification, move on. That said, they jack up the price because they know most people will says \"\"it's my wedding\"\", \"\"it's once in a lifetime\"\", \"\"it's MY special day\"\", etc.... The same is true about diamonds, their price does not reflect the actual supply and demand ratio, just the perception that has been created. However, as mentioned in some of the comments above, the service provided at a wedding may be different or more involved than just a normal dinner The more important issue is ensuring there are no back fees, no hidden fees, and you have well written, well reviewed contracts. For example, we know a couple whose caterer added a mandatory 20% gratuity, regardless of the service which was provided. Most venues or restaurants will not be making the bar a lose-leader, but they will charge for other things.  You can also save money by buying used or looking on ebay for prices closer to wholesale for the product. I think a good analogy to this is the Recent Time Magazine article on the price of healthcare - it costs a lot because its a small market and its harder to navigate, and most are not experienced shoppers in the area or don't have control over the individual item costs.\""}
{"_id": "497436", "title": "", "text": "I\u2019d say No, it\u2019s not crazy. I did that even for a mortgage, because the bank tended to lose my checks or let them sit for some days, and then claim I paid late. They were known on the internet for their poor processing department, so I decided to avoid that monthly hassle with calling and arguing, and refinanced. Compare the pain with the cost for refinancing, and if you think it\u2019s worth it, change. You might even get a cheaper credit, and save on it."}
{"_id": "497457", "title": "", "text": "In the Canadian system there is still health insurance plans. They cover things like optometrists and dentists which are not covered by the government.   The real problem with drug prices in the US is that the government gives the drug companies a monopoly ( through patents ) and prohibits negotiating prices. The financial incentives make doctors and insurance companies favour more expensive drugs (for bigger kickbacks)"}
{"_id": "497458", "title": "", "text": "Sorry, but I found the opinion piece a very weak argument for deregulation. Mr. Salter backs none of his assertions with a single study or researched fact. Mr. Salter shows a lack of any nuance when it comes to understanding that not all regulations are stifling competition, and in fact some do help 'the little guy'.  Most of his baseless complaint revolves around the idea that the 'too big to fail' mega-banks are making out big time with regulations killing competition. Fails to grasp the idea that deregulation is what created these economy destroying mega-banks in the first place."}
{"_id": "497464", "title": "", "text": "They are only following the affordable care act model.  Make it so laws are in place where entities like schools and such have to have them.  Then Jack the price up.  This is not capitalism.  This is monopoly backed by government."}
{"_id": "497469", "title": "", "text": "So the banks and funds that the billionaires keep their money in doesn't help economic activity or growth? You need to learn how money flows and circulates through the economy.   Also your hypothetical scenario is absolutely terrible.  A billionaires income = 30% of their net worth...come on. Someone making 50k and spending 45k of it needs to start making smarter financial decisions   Please tell me what you believe the proper tax rate should be on America's wealthy, given that the top 1% of earners already contribute more than 1/3 of the IRS's revenue"}
{"_id": "497491", "title": "", "text": "\"&gt; Well if you weren't such an entitled prick, you'd know that it just flat out isn't as simple for some as \"\"find a better job\"\" or \"\"make more money\"\" or \"\"improve your lot in life\"\" as you have suggested here many different ways.  Yes, true.  Life is harder for some than it is for others.  Welcome to life?  &gt;There are countless reasons why that just simply is not possible, and hence why there is, in fact, a need to require a living wage, no matter how hard you cover your ears and scream \"\"LALALALA\"\". If you weren't so self important, maybe you'd see that.  How does acknowledging the facts of life make me a self important, entitle, prick?  You know absolutely nothing about me.  How I grew up.  What I do now.  Nothing. You're just mad because someone told you you are responsible for your own life and that just sounds too difficult for you.   The fact that you think a minimum wage will solve the poor problem tells me you know *literally* nothing about economics.\""}
{"_id": "497495", "title": "", "text": "\"The shortage is of capable people willing to work for peanuts.  I am in the tech industry, but my schooling is in electrical engineering.  It was always, and remains my belief, that IT degrees are bullshit.  You can teach someone to recite the manual, rattle off specifications, memorize protocols, and even to calculate design equations in telecom inside his head, but you can't teach someone to actually implement those things.  You can teach information, but that won't give someone who doesn't naturally have the right thought processes and mental organization, to do the actual work.  I started an IT business during high school, which I am sure isn't too uncommon in the Reddit community.  I've had people think they were \"\"hooking me up\"\" or doing me a favor by offering me some $50000-60000 per year job working full time as staff IT for a company.  I don't generally tell people how insulting the offer is, or how I made almost that during my last year of high school.  There is no way I would consider taking a job that paid less than $125000 per year.  Even that would be contingent on there being enough time left for me to continue running my other businesses even if I had to hire employees to do more of the work than I have them doing now.  There are also a lot of complete idiots who somehow tend to easily get jobs in the field, which seriously lowers prospective employers' opinions of what they will probably get when they hire someone.  It's a huge headache with these bozos constantly giving my industry a black eye.\""}
{"_id": "497522", "title": "", "text": "If the payment is sent to incorrect swift code, the receiving bank will return the payment."}
{"_id": "497530", "title": "", "text": "When property changes hands the sale prices may or may not be used to determine the appraised value of the property, and they may or may not be used to determine the appraised value of other properties. Because of the nature of the transaction: you already have an existing business relationship, the local government is likely to ignore the data point provided by your transaction when determining values of similar properties. They have no idea if there was some other factor used to determine the price. They will also not include in the calculation transactions that are a result of foreclosure becasue the target price is the loan value not the true value.  California and some other jurisdictions do add another wrinkle. You will need to determine if the transaction will trigger a reevaluation of the property value. In some states the existing laws of the state limited the annual growth of the assessment, but that could now be recaptured if the jurisdiction rules that this is a new ownership: California Board of Equalization - Change in Ownership - Frequently Asked Questions How does a change in ownership affect property taxes? Each county assessor's office reviews all recorded deeds for that   county to determine which properties require reappraisal under the   law. The county assessors may also discover changes in ownership   through other means, such as taxpayer self-reporting, field   inspections, review of building permits and newspapers. Once the   county assessor has determined that a change in ownership has   occurred, Proposition 13 requires the county assessor to reassess the   property to its current fair market value as of the date ownership   changed. Since property taxes are based on the assessed value of a property at   the time of acquisition, a current market value that is higher than   the previously assessed Proposition 13 adjusted base year value will   increase the property taxes. Conversely, if the current market value   is lower than the previously assessed Proposition 13 adjusted base   year value, then the property taxes on that property will decrease. Only that portion of the property that changes ownership, however, is   subject to reappraisal. For example, if 50 percent of the property is   transferred, the assessor will reassess only 50 percent of the   property at its current fair market value as of the date of the   transfer, and deduct 50 percent from any existing Proposition 13 base   year value. In most cases, when a person buys a residence, the entire   property undergoes a change in ownership and 100 percent of the   property is reassessed to its current market value."}
{"_id": "497544", "title": "", "text": "Oh I totally agree. I'm just curious as to whether or not they've done it before. Google is, for the most part, a much more trustworthy company than Microsoft so I'm interested in seeing the route they'll take."}
{"_id": "497547", "title": "", "text": "\"One reason I have heard (beside to keep you paying rent) is the cost of maintenance and improvements.  If you hire someone else to do all the work for you, then it may very well be the case, though it is not as bad as a car. Many factors come into play:   If you are lucky, you may end up with a lot that is worth more than the house on it in a few decades' time. Personally, I feel that renting is sometimes better than owning depending on the local market.  That said, when you own a home, it is yours.  You do have to weigh in such factors as being tied down to a certain location to some extent.  However, only the police can barge in -- under certain circumstances -- where as a landlord can come in whenever they feel like, given proper notice or an \"\"emergency.\"\"  Not to mention that if someone slams a door so hard that it reverberates through the entire place, you can actually deal with it. The point of this last bit is the question of home ownership vs renting is rather subjective.  Objectively, the costs associated with home ownership are the drags that may make it a bad investment.  However, it is not like car ownership, which is quite honestly rarely an invesment.\""}
{"_id": "497561", "title": "", "text": "I routinely max out my 401k contributions.  The company's stupid website actually forces me to make two contributions -- one for the regular contribution, and another for the Catchup Contribution. I routinely adjust my 401k contribution throughout the year -- at the first of the year, I calculate how much to withhold such that I can adjust withholding to 6% of salary more than before, once I hit the SS tax limit.  At the first of the year, I ignore bonuses.  I re-adjust (if needed) once I know bonuses. I've worked for my company for almost 30 years now."}
{"_id": "497563", "title": "", "text": "&gt; The Prime video content is like 9/10th garbage.  I find this true of any streaming video service...  We're all in it for the 1/10, but which 1/10 you like varies from person to person.   And some of their originals are really good, I'd have paid real money to watch Man in the High Castle.  There's other good ones like Alpha House, Transparent, or The Tick, or that movie that they won all the awards for?"}
{"_id": "497567", "title": "", "text": "Since from the question it seems that you're talking about the US taxation, I'll assume that. You can definitely continue filing jointly. Being members of a partnership has no bearing on how you file your own tax return. The partnership will distribute K-1 to each of you separately, but you'll report both of them on the same return."}
{"_id": "497568", "title": "", "text": "Supplier of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries is a very well acknowledged name in the field of supplier and manufacturer of Ramming Mass, Quartz Powder, Quartz grit, and Talc Powder minerals. We supply our product mainly in Vietnam, South Korea, UAE, Malaysia, Taiwan, Thailand, Saudi Arabia, and Indonesia"}
{"_id": "497569", "title": "", "text": "I'm a woman in her early 30s who has a bachelors degree and a job.  I rent an apartment, own my car and spend within my means because that's what I was taught.  When my sister and now ex-bro-in-law decided to buy a house in the middle of the bubble, despite having no saved money and a child on the way I shook my head at them.  They responded with, 'Real estate only goes up, it's an investment'...I laughed and told them they were fucking stupid to pay $350,000 for an older 2 bedroom house in Phoenix, AZ that was severely overpriced but they said, 'well it's 0 down and the interest rate is like NOTHING!'  Cut to now, the same house is worth MAYBE $110,000 but ya know that great interest rate they got at the beginning wasn't so great when they had to refi so they didn't want to pay their payments for a $110,000 house with a $350,000 loan so they stopped paying their mortgage.  Nothing really happened except some letters were sent and was told that the only way to get a better interest rate was to HAVE to miss a certain number of payments (maybe 6 months) in order to qualify for the loan the Obama admin had created.  At some point that year she decided to get a boob job, tummy tuck and liposuction and her and her husband felt the need to purchase all kinds of new things.  She eventually did qualify for that government help and was totally forgiven for the 6-8 months of payments they missed... so CLEARLY purposely missing payments would have been considered 'very smart' by those same analysts who called what American Airlines did as 'very smart.    So I sit here, with my morals in tact and they sit there like a million other people in this country having their cake and eating it too so I have to wonder WHAT THE FUCK? Was I the stupid one for not following the rest of the asshole idiot sheep and screwing all the people with what I would have thought were basic morals?  It appears so."}
{"_id": "497596", "title": "", "text": "It's not so much the rate of the debt as it is the total cost of the debt relative to the gain you expect to see from using it to purchase something of value. I've known people who were quite happy to pay 12% on personal loans used to buy investment properties for flipping.  They're happy to pay that because conventional loans from banks require too much documentation and out-of-pocket expense.  For some investors, 12% without all of the documentation burden is money well spent. So if I'm the investor, and the interest on this 12% loan is $5,000 and I can flip a property for $20,000 after all of the other expenses, then the 12% loan was an enabler to netting $15,000 profit."}
{"_id": "497599", "title": "", "text": "\"One way to think of the typical fixed rate mortgage, is that you can calculate the balance at the end of the month. Add a month's interest (rate times balance, then divide by 12) then subtract your payment. The principal is now a bit less, and there's a snowball effect that continues to drop the principal more each month.  Even though some might object to my use of the word \"\"compounding,\"\" a prepayment has that effect. e.g. you have a 5% mortgage, and pay $100 extra principal. If you did nothing else, 5% compounded over 28 years is about 4X. So, if you did this early on, it would reduce the last payment by about $400. Obviously, there are calculators and spreadsheets that can give the exact numbers.  I don't know the rules for car loans, but one would actually expect them to work similarly, and no, you are not crazy to expect that. Just the opposite.\""}
{"_id": "497606", "title": "", "text": "Another possibility that you might consider is to find a renter for your current place and move to your destination. If you have a lease for your renter, your mortgage company can consider that as income for approving the purchase of a new house. I did something similar when I purchased my current home, but I was also able to get approved without selling or renting the old place. There's no reason that someone couldn't create a house swapping site for longer-term than a week. It may not initially have as much demand as a 1 week swap, but there are no such existing services that I am aware of."}
{"_id": "497607", "title": "", "text": "Fair enough. All anyone can do is be aware of the facts and form their own conclusions. You're one of the first I've come across that believes this is a good thing, but at least you've backed it up a bit with how you think about it. I still disagree, vehemently, but there's not much more to say here."}
{"_id": "497612", "title": "", "text": "I never said anyone should pay income tax on minimum wage. Why did you instantly turn this discussion into a Right V Left war? The point was the 30% threshold is too low as you in fact get 100% takehome to work with."}
{"_id": "497615", "title": "", "text": "First measure the actual power draw for your devices, or you may waste effort through premature optimization.  It might not be worth the trouble to unplug an idle device every night just to save a penny or two. I suggest you get your hands on something like the Kill-A-Watt, to begin with. Essentially, it's a pass-through device that measures power consumption for whatever you plug into it. Manufacturer says: [...] cut down on costs and find out what appliances are   actually worth keeping plugged in. Simply connect these appliances to   the Kill A Watt\u00ae, and it will assess how efficient they really are.   Large LCD display will count consumption by the Kilowatt-hour, same as   your local utility. You can calculate your electrical expenses by the   day, week, month, even an entire year. [...] IMHO, something like this is worth the cost, and I've had one for a while.  A nearby library may also have units on hand to lend out. While the Kill-A-Watt is easy to use, the primary drawback is that it doesn't handle everything in the house: i.e. anything hard-wired (no plug) or else running on 240V (electric range, clothes dryer) can't be measured. To handle those you'd perhaps want to look at solutions that can monitor from the panel, such as TED or something similar."}
{"_id": "497629", "title": "", "text": "\"hey numb nuts, I've been working with blockchain implementation since before you became an armchair investor.  blockchain technology is an implementation of security by consensus, it can be between 2 people, and 100 million. bitcoin's incentive is the mother of all pyrimid schemes,\"\"put value into this, so it has value, so you can get value out of it\"\". It was never suppose to be industrialized in the way it has been, and it's become an amoral waste of resources. further evidence can be found in the fact that bitcoin HAD no value except as a currency before people started hacking contracts and the like into it. Etherium is admirable in that it actually has some kind of intent of value built into it, but it's simply not good enough for high demand applications.  in a private chain, mining doesn't operate with an increasing cost, it *could* be done by a single system, which is good enough for an internal chain. The security comes from the immutability of the chain that is generated which is what everyone subscribed to the chain gains. once something is added, no amount of hacking a centralized system could change the confirmed blocks, an attacker might be able to add a bunch of new blocks, but you could (with consensus) roll back the entire chain.   as a simple example: a company has several partners who it coordinates exchange rates with. they set the value and they want to share that with their partners, while keeping an entirely tamper proof history of the set values. they start the chain, and allow their partners to subscribe to it. they can then set their system to add a block every hour, which contains the set values. now every partner is keeping a consensus based record of what the trading values were when. If for whatever reason an audit was required (ie say they suspect someone was trading higher/lower than they should have) they can audit the chain and see exactly what everyone agreed would be the price at the time the exchanges were made. if a partner messed with his chain to cover whatever shadiness he would be involved in, the other's would refute it. It would be exceptionally hard for any single bad actor to alter all the chains.  the incentive in a private chain is rolled into business incentives for record keeping. They gain value by keeping certain types of records secure in this manor, therefore it is worth it to do, they don't need a literal payout to keep their own records secure.  this is why companies want to use the blockchain, immutable records, secured by even loose consensus are more secure than a centralized database, but with little to no increase in operation overhead. It then further gains value in that it could lead to distributed &amp; geosafe recorder keeping and management.  TLDR: lol you armchair finance guys.\""}
{"_id": "497630", "title": "", "text": "Do you want a house?  Sounds like you do.  Did you think about what it will take to own a run a house?  I am betting you have.  Buying a home shouldn't be about an investment in anything other than you happiness and you sure seem conscientious and ready. Your worries are good ones, but don't forget about unemployment insurance, that as responsible people you can get another job.  Do you have a life insurance policy?  If you really really can't afford your payments, you can try to sell the house because you should have plenty of equity per your plans. Furthermore, chances are you will earn more in your paychecks over your lifetime.   Think about what features you want, shop the market hard, take time and buy a house on reason rather than love.  Don't you dare love the house until you buy it."}
{"_id": "497633", "title": "", "text": "\"I hate that filmmaker Kip Anderson.  Every movie he makes is a vegan trap.  He starts by talking about how red meat and dairy are bad, then eggs are bad, oh and of course fish are also bad.  The only healthy way to eat of course is being a vegan.    The pseudo science is painful to listen to.  He basically tries to say casein protein is as bad as heroin.  And they call milk \"\"cow puss\"\".  I turned it off as soon as they called cheese \"\"basically coagulated cow puss\"\".    He takes advantage of the fact that people take health documentaries pretty seriously, and uses it to push his personal agenda.  Really disappointing because nothing I've seen in any of his movies has any credibility once I realized how much he was stretching the facts.    There are tons of better documentaries that will have a similar affect on people but with WAY better science.  These days I see tons of people saying they watched a Netflix doc and changed their eating habits.  Fed Up was pretty great.  Also Sugar Coated is one of my favorite food docs ever.\""}
{"_id": "497638", "title": "", "text": "\"Does the bank need to use image based CTS in my case? Will it fall under \"\"cheques cleared under physical exchange of instruments\"\"? No. In this case it is used as a withdrawal slip. It doesn't go anywhere. My bank manager told me that correction in CTS cheque is not allowed but I think they don't need to clear the cheque by taking an image, so it should be valid under RBI guidelines. The Manager maybe going over board or being cautious ... You have to decide whether its worth the battle in forcing Bank to accept corrected cheque. Or simple use a new one.\""}
{"_id": "497642", "title": "", "text": "You should speak to a good tax adviser. The less documentation you have the more problems IRS are going to cause you. Generally you can deduct business losses (in the year they occurred, which is 2011), but you have to show that that was a valid business, not just a way to reduce your tax bill with personal expenses. Thus lack of documentation reduces your ability to prove that you're entitled to the deduction. The burden of proof is generally on you. You can not deduct it from 2012 taxes, but you can still amend 2011. Keep in mind though that amended returns have higher chance of audit, and a significant business loss on a business that only existed that year is a major red flag which will raise the probability of an audit to very high percentage. Theoretically, if the business was real and just failed - you can definitely deduct this. But practically, lack of documentation may cause too big a problem, and a tax adviser might suggest you giving it up if he doesn't think you have a real chance to convince the IRS. Definitely don't do that without a professional advice. It is worth fighting for, its quite a loss, but don't do it on your own as you will definitely lose."}
{"_id": "497643", "title": "", "text": "Machinery that are mobile or fixed, and that need hydraulic fluids at high pressure for various types of their operations, will use hydraulic hoses. The metallic connectors that tend to fix the hoses to the receptacles are known as adaptors or connectors. Brennan adapters are a specific brand of end connectors that tend to be utilized for such job.  Visit us : http://motorlubrication.webnode.com/brennan-adapters/"}
{"_id": "497651", "title": "", "text": "\"hi OP -- first, MLM means \"\"multi level marketing\"\"  not Mid Level Management.  for a great description of multi level marketing, check out the Herbalife documentary \"\"Betting On Zero\"\" on Netflix  second, any group that goes on and on about We Are Not A Pyramid Scheme is unfortunately a red flag for a pyramid scheme.  i am so sorry to say this because i bet it sounds like a fantastic opportunity in the sales pitch they give you.    third, check out this review -- https://getoutofdebt.org/16566/investigative-report-dave-burke-and-real-talk-network-real-talk-network-inc  may i ask, did you give these guys your credit card information?  you might want to check right now to see if they dinged you.  sounds from the article like these guys are doing some really shady stuff, i hope you don't get ripped off  edited: words\""}
{"_id": "497665", "title": "", "text": "Why don't you get a better serving job?  If you have all those years of experience why not bartend at a local or try for PF changs or Cheesecake Factory or something?  I'm not trying to be snarky, I've got 13 years in the trenches myself. I just wouldn't work at a tgichilibees at my age or with my experience unless I was on some real hard times."}
{"_id": "497666", "title": "", "text": "You can call what you're asking about a 'wealth tax', or 'capital tax'.  These are taxes not based on income you earned in a year, but some measure of how much you own. Some countries (Italy I believe is a prime example) tax ownership of foreign land. Some countries tax amounts owned by corporations [Canada did this until ~5-10 years ago depending on province]. Some countries strictly tax your wealth above a certain level (Switzerland, as has been mentioned, does this).  One form of what you are referring to that does exist in the US is the 'Estate Tax'. This is a tax on the amount of wealth that a person owns, at the time they die. The threshold for when this tax applies has been very volatile over the last 20 years, but it is generally in the multi-millions, and I believe sits somewhere around $5M. If these taxes start to crop up more and more (and I believe they will), don't be shocked at the initial 'sticker price'. Theoretically a wealth tax could replace some of the current income tax regime in many countries without creating a strict increased tax burden on their people. ie: if you owe $10k in income tax this year, but a $2k capital tax is instituted next year, then you are still in the same position as long as your income tax is reduced to $8k.  Whether these taxes are effective/preferable or not is really a question of economics, not personal finance, so I will not belabour that point. Note: if the money you have saved earns money (interest, or dividends, or maybe rent from a condo you own), then those earnings are typically taxed alongside your wage income. Any 'wealth/capital tax' as I've described it above would be in addition to income tax on investment earnings."}
{"_id": "497672", "title": "", "text": "Depending on  your credit score you might be able to balance transfer to a lower rate. Credit is still cheap, with a good credit score you should be able to get ~ 6%, maybe even lower if you go through a credit union.  Given you return is 13% (!!) I would not divert money from that."}
{"_id": "497680", "title": "", "text": "It's the result of many companies now outsourcing production to the same contractors.  It's easy to see in electronics (Foxconn, Blackberry Playbook/KindleFire, etc) and happens in other industries as well.  As our communication technology increased over the last century, it became easier and easier to contract out production.  Now it is easy to choose any supplier/contractor in the globe for the production of your product.  As suppliers/contractors begin to optimize and specialize, they become the dominant solution for their sector.  This then leads to that product uniformity, which is close to working very nicely as a term."}
{"_id": "497681", "title": "", "text": "\u2018Parenting towards Resilience\u2019 was the main theme discussed during a conference held recently, organised by Agenzija Sedqa in collaboration with the Office of the Children\u2019s Commissioner. Ms. Sina Bugeja, Chief Executive Officer, Foundation for Social Welfare Services during her opening address explained that Parenting towards Resilience, was the main theme chosen by the Foundation to celebrate this year\u2019s Children\u2019s Day. Moreover, Ms. Bugeja mentioned the recent launch of the National Children\u2019s Policy that safeguards children\u2019s rights and ensures space for their opinions before decisions are taken. She mentioned that parents need to be kept abreast with changing parenting styles as well as with different influences which might affect children\u2019s development. Ms Helen D\u2019Amato, Commissioner for Children, said that the inherent vulnerability of children requires not only a strong legal and institutional framework of protection but also the consolidated ability on the part primarily of parents to nurture their children in such a way as to instil in them the inner strength and will to overcome the challenges that come their way during their childhood. This is important, she said, as there is a limit to how far the legal and institutional framework can go to actually protect children in the context of an increasingly complex and challenging social and cultural environment, and also because the development of such inner strength and will is an integral part of children\u2019s gradual maturity into strong, independent and responsible adults. The development of this inner strength or resilience should be seen as a main goal of the child\u2019s upbringing. Ms D\u2019Amato thus urged all parents to continue helping their children develop these inner qualities. During his closing address, Mr. Jesmond Schembri, Operations Director, Agenzija Sedqa said that since its inception Sedqa has always been at the forefront of imparting skills to parents to improve their communication with their children. Although the Agency is best known for its work with persons experiencing drug, alcohol or gambling-related problems, it nevertheless invests a lot of resources in prevention. The main presentation of this conference was entitled Inrawmu \u2018l Uliedna biex Jilhqu l-Isfidi, delivered Ms. Clarissa Sammut Scerri, Registered Counselling Psychologist and Family Therapist. She is also a full time member of staff within the Department of Psychology at the University of Malta. Her presentation focused on a clear description of what is resilience in children, highlighting the kind of parenting that makes a difference in enhancing resilience in children. She stressed the importance of a warm, parent-child relationship that is attuned to the child\u2019s needs according to his or her unique development. This relationship greatly affects/influences every aspect of children\u2019s learning and development, especially the growth of their inner security, self-worth and ability to build relationships with others. Ms. Sammut Scerri also spoke about how harmony in the family, consistent guidance especially in adolescence, and adequate role models also help to promote resilience in children. She also cited from her research on families with domestic violence highlighting the resilience (and challenges) of these family members. This conference was attended by parents, carers, and various professionals in touch with children of all ages. The workshops delivered were: Families of Children with Disability by Ann Marie Callus and Marchita Mangiafico; Education &amp; Parenting by Juan Camilleri; Role Models by Carmen Delicata; Building Resilience in Adoptive Children by Cher Engerer; The Mindful Parent \u2013 Parenting against Substance Use Risk by Anthony Gatt; Building Attachment by Elaine Grech; Parenting Towards Resilience with the Media by John Mallia; Playful Parents, Playful Children, Playful Therapists by Dott Roberta Attard &amp; Daniel Mercieca; Looking After Traumatised Children in Foster Care by John Role\u2019; and Power Struggle between Parents and Young People by Carmen Sammut. http://gozonews.com/...r-parenting-for-"}
{"_id": "497699", "title": "", "text": "I'm not a finance guy by trade, I'm an accountant, so I'm not 100% sure, but I'm going to say no.   EBITDA is your accounting profit before interest, taxes, depreciation and amortization. So it's already free of many non-cash items, and is closer to a cash-basis measure of profit, but still includes many non-cash revenues.   As far as I know, the discounting is to take the time value of money into account so you can make a decision on whether the present value of the expected future cash flows are greater than the present value of the cash outflow being asked today. If it is, then you buy. If not, then you don't."}
{"_id": "497701", "title": "", "text": "Maybe the retailers will learn that their only competitive advantage is their employees.  And they will stop allowing employees to be such surly douchebags.  Seriously.  Who the fuck wants to talk to a Target employee, for example.  They're miserable people who don't want to be bothered.  I'll be glad to see them all fail with maybe just a few left who can actually do customer service well."}
{"_id": "497703", "title": "", "text": "Hmm... I'm sure setting up an entirely new market would be really easy and wouldn't be met by serious backlash from extremely rich enterprises that like the status quo.  /sarcasm  I picture that option even more monumental of a task than a small company trying to set up as a new ISP in a city where a large telecom has a majority.  It's nearly impossible thanks to all of the money that the large telecom can throw at maintaining its current market share."}
{"_id": "497723", "title": "", "text": "Yesterday, there were a pair of shoes, a deer, and a bushel of apples in the world. Today, of those three things, there is only a pair of shoes and a deer.  Your legal expertise might be able to find some kind of recoverable asset to get the shoemaker back his money, but even the supreme court cannot rule the destroyed value back into existence. The economy is poorer than it was before the fire, no matter how we move the loddars around-- the loddars are just markers for the underlying value of actual stuff, goods and services that are actually useful.   Analogies are problematic because they are inaccurate, but as a half-measure explanation, you could imagine that the loddars are poker chips:  - Four people down to play a game of poker, and each puts $20 cash into a kitty and takes out $20 worth of chips.   - A freak gust of wind comes along and blows one of the $20 bills out the window.   - Now there is only $60 in the kitty, even though we each have $20 in chips. As a lawyer, you might be able to identify some person who is liable for that $20 shortage, but as an economist, I see that this little economy is now $20 poorer, and no matter how well anyone plays, the total output of the poker play is going to produce less than $80 value.   Now go back and pretend that the poker chips are instead cash currency, and the cash in the kitty is actual goods and services (again, analogies are problematic). You can move the markers around however you want, but but some part of the underlying value has been destroyed."}
{"_id": "497731", "title": "", "text": "Can anyone recommend a good textbook for a first course in finance? I'm not studying it, if it's relevant--I'm just a guy who wants a better understanding of the financial sector. I don't know anything anout finance outside a few basic concepts."}
{"_id": "497733", "title": "", "text": "Once you know what you want from your garden, contact experienced NJ landscape architects like Tapestry Landscape Architecture to see if what you want is feasible. A skilled landscape architect may also open your eyes to new ideas that could make your initial design even more beautiful."}
{"_id": "497750", "title": "", "text": "I think traffic and public transit is still a government problem. It's just that Microsoft decided to offer perks to their employees. Just because I start a carpool with some other parents doesn't mean I'm suddenly responsible for fixing the transmission on the school bus."}
{"_id": "497753", "title": "", "text": "You Need A Budget may be what you're looking for. It is focused on budgeting your expenses in advance, and looking forward instead of backward. (Disclosure: I am currently doing some development work for You Need A Budget.)"}
{"_id": "497762", "title": "", "text": "\"Like most other things, this is \"\"sometimes,\"\" but not always true. Sometimes banks will be willing to sell at a discount, sometimes they will hold out for \"\"full price.\"\" But if you want a discount, this is a good place to \"\"look.\"\"\""}
{"_id": "497764", "title": "", "text": "\"I'll start with a question... Is the 63K before or after taxes?  The short answer to your question on how much is reasonable is: \"\"It depends.\"\" It depends on a lot more than where you live, it depends on what you want... do you want to pay down debt? Do you want to save? Are you trying to buy a house? Those will influence how much you \"\"can\"\" (should let yourselves) spend. It also depends on your actual salary... just because I spend 5% of my salary on something doesn't mean bonkers to you if you're making 63,000 and I'm only making 10,000.  I also have a lot of respect for you trying to take this on. It's never easy. But I would also recommend you start by trying to see what you can do to track how much you are actually spending. That can be hard, especially if you mostly use cash.  Once you're tracking what you spend, I still think you're coming at this a bit backwards though... rather than ask 'how much is reasonable' to spend on those other expenses, you basically need to rule out the bigger items first. This means things like taxes, your housing, food, transportation, and kid-related expenses. (I've got 2.5 kids of my own.) I would guess that you're listing your pre-tax salaries on here... so start first with whatever it costs you to pay taxes. I'm a US citizen living in Berlin, haven't filed UK taxes, but uktaxcalculators.co.uk says that on 63,000 a year with 3 deductions your net earnings will actually be 43,500. That's 3,625/month.  Then what does it cost you each month for rent/utilities/etc. to put a house over your family's head? The rule of thumb they taught in my home-economics class was 35-40%, but that's not for Europe... you'll know what it costs. Let's say its 1,450 a month (40%) for rent and utilities and maybe insurance. That leaves 2,175.  The next necessity after housing is food. My current food budget is about 5-6% of my after-tax salary. But that may not compare... the cost to feed a family of 3 is a fairly fixed number, and our salaries aren't the same. As I said, I am a US expat living in Berlin, so I looked at this cost of living calculator, and it looks like groceries are about 7-10% higher there around Cardiff than here in Germany. Still, I spend about 120 \u20ac per week on food. That has a fair margin in it for splurging on ice cream and a couple brewskies. It feeds me (I'm almost 2m and about 100 kilos) and my family of four. Let's say you spend 100\u00a3 a week on groceries. For budgeting, that's 433\u00a3 a month. (52 weeks / 12 months == 4.333 weeks/month) But let's call it 500\u00a3. That leaves 1,675.  From here, you'll have to figure out the details of where your own money is going--that's why I said you should really start tracking your expenses somehow... even just for a short time. But for the purposes of completing the answers to your questions, the next step is to look at saving before you try spending anything else. A nice target is to aim for 10% of your after-tax pay going into a savings account... this is apart from any other investments. Let's say you do that, you'll be putting away 363\u00a3 per month. That leaves 1,300\u00a3.  As far as other expenses... you need some money for transport. You haven't mentioned car(s) but let's say you're spending another 500\u00a3 there. That would be about enough to cover one with the petrol you need to get around town. That leaves 800\u00a3 As far as a clothing budget and entertainment, I usually match my grocery budget with what I call \"\"mad money\"\". That's basically money that goes towards other stuff that I would love to categorize, but that my wife gets annoyed with my efforts to drill into on a regular basis. That's another 500\u00a3, which leaves 300\u00a3.  You mentioned debts... assuming that's a credit card at around 20% interest, you probably pay 133\u00a3 a month just in interest... (20% = 0.20 / 12 = 0.01667 x 8,000 = 133) plus some nominal payment towards principal. So let's call it 175\u00a3. That leaves you with 125\u00a3 of wiggle room, assuming I have even caught all of your expenses. And depending on how they're timed, you are probably feeling a serious squeeze in between paychecks. I recognize that you're asking specific questions, but I think that just based on the questions you need a bit more careful backing into the budget. And you REALLY need to track what you're spending for the time being, until you can say... right, we usually spend about this much on X... how can we cut it out?  From there the basics of getting your financial house in order are splattered across the interwebs. Make a budget... stick to it... pay down debts... save. Develop goals and mini incentives/rewards as a way to make sure your change your psyche about following a budget.\""}
{"_id": "497780", "title": "", "text": "Try to avoid actually pulling money out of your retirement savings. Not only are you paying that stiff penalty today, but you're actually stealing form your future. Many 457 plans allow you to borrow against the balance, usually up to 50% of the plan balance. I'd roll the 401k into the 457 and borrow against it if you really need the money. Borrow a little extra to help you make the first few payments if you need to."}
{"_id": "497786", "title": "", "text": "\"I'd refer you to Is it true that 90% of investors lose their money? The answer there is \"\"no, not true,\"\" and much of the discussion applies to this question.  The stock market rises over time. Even after adjusting for inflation, a positive return. Those who try to beat the market, choosing individual stocks, on average, lag the market quite a bit. Even in a year of great returns, as is this year ('13 is up nearly 25% as measured by the S&P) there are stocks that are up, and stocks that are down. Simply look at a dozen stock funds and see the variety of returns. I don't even look anymore, because I'm sure that of 12, 2 or three will be ahead, 3-4 well behind, and the rest clustered near 25.  Still, if you wish to embark on individual stock purchases, I recommend starting when you can invest in 20 different stocks, spread over different industries, and be willing to commit time to follow them, so each year you might be selling 3-5 and replacing with stocks you prefer. It's the ETF I recommend for most, along with a buy and hold strategy, buying in over time will show decent returns over the long run, and the ETF strategy will keep costs low.\""}
{"_id": "497801", "title": "", "text": "My question is: absent the corporate shield, to what extent are partners liable for a serious disaster or accident such as the BP Gulf incident. IN other words, if an oil pipeline had a major spill or explosion in which there were serious liabilities, to what extent would this effect the owners of a listed partnership beyond the effects of corporate liability on a common stock holding?"}
{"_id": "497805", "title": "", "text": "\"&gt;This rule is the definition of consumer friendly in that it allows the individuals to consolidate their power in order to take on a large corporation that can afford to hire lawyers indefinitely.  Exactly, and yet in the article, Hensarling just throws out \"\"\u201cThis anti-consumer rule should be thoroughly rejected by Congress under the Congressional Review Act.\"\"   Sorry douchebag, you're gonna have to explain how it's anti-consumer. Except you're too busy trying to get your other financial act passed.\""}
{"_id": "497807", "title": "", "text": "\"Yeah, you could literally just set up a fixed amount of states, set up a simple AR model based on normal components, find the optimal parameters for the state spaces and the AR model and you're done. Or you could set up a VAR model with student's t components instead which makes it more complicated by a couple of magnitudes. With student's t components the regression is structurally complicated so I've found I need to apply copluas (or is it copulae? or copuli? I have no damn idea lmao) instead to be able to sample properly. I might not be very bright but I wouldn't say that's basic math. Also the regression for state spaces is a bit more complicated as well.  It'd be like me saying that valuating exotic derivatives is \"\"literally just solving PDE's with simple numerical methods.\"\" It's a *little* bit more work to it.\""}
{"_id": "497811", "title": "", "text": "I work in finance and this is something we have never seen before. They lost their insider commitments about a day before the deal was supposed to price but CS pushed it through anyways. Definitely going to be some lawsuits on this one."}
{"_id": "497847", "title": "", "text": "No private entity is required to maintain an even stance or approach.    I mean, are you advocating that the federal government enter into private businesses and mandate what views, values and speech they are and are not allowed to share?  The government already does this in some aspects, but you appear to be advocating a large expansion in this power."}
{"_id": "497865", "title": "", "text": "Do you need help from the best painters in Vancouver? We have been doing paint jobs in multiple contexts for a number of years, and we will work with you to ensure that you can get the best results for whatever it is that you want to paint. Give us a call today and we can get you an appointment ASAP. http://barwickpainting.com/contact-us/"}
{"_id": "497887", "title": "", "text": "Unless your bosses are total assholes and want their employees to miss a once-in-a-century event, they'll probably let everybody take a break to go out and look. I imagine your colleagues will bring their glasses. I read many companies will be closed tomorrow, for the eclipse.  If you're interested, here's a good tutorial video on how to make your own eclipse viewer, with a cereal box: https://www.youtube.com/watch?v=n9L24AHM3is"}
{"_id": "497900", "title": "", "text": "\"Oh please, don't be one of those hipsters pining for the good old days. Great games get released all the time, even in this \"\"modern era.\"\"   It's just that at this point in the year there are no high-quality popular games being released, and we are also caught in a transition point between consoles. Developers are getting used to new game engines (or building their own) which takes time. The first year of a console's lifespan is usually just a few half-decent launch games and a bunch of ports from the previous gen; nothing that really takes advantage of the capabilities of more modern hardware.   And as mentioned below, this doesn't take into account digital distribution, which is becoming more popular every year.\""}
{"_id": "497901", "title": "", "text": "\"A \"\"leveraged/trade program\"\"?  What exactly is that?  So let me get this straight.  You put just 10% of the total amount of what you're trading into an account with Citi (Citi's going to give you 10-1 leverage on your money...why?), and then in 90 days they'll give you your money back and a loan for ten times the amount? Either the heat has gotten to me or this is the craziest thing I've read today. You didn't specify what it is you'd be \"\"trading\"\", and if your \"\"acquaintance\"\" didn't share that with you either then it sounds beyond suspect -- it sounds like total fraud.  I couldn't imagine a scenario whereby Citi would be involved in a scheme like this, whatever \"\"it\"\" is.   I suspect that your \"\"friend\"\" has you opening an account at Citi because it makes the whole scam sound more legitimate by tying to a big bank name.  It might be worth your time to actually call Citi (I looked up their number for you.  It's 1-800-685-0935) and ask them about this particular idea.  When they get done snickering, they'll tell you the same thing everyone else is -- RUN from this. You're very right to suspect that you can't leverage money without encumbering it.  What would be the point for someone to essentially give you credit on a 10-to-1 basis and then not encumber the collateral? If you don't know anything about trading and how leverage works then it would be highly inadvisable for you to jump into something that you don't understand.  Your \"\"acquaintance\"\" may have been sucked into investing their own money, and now they think they're doing you a \"\"favor\"\" by telling you about this \"\"incredible opportunity\"\".  It's how most scams work.  They get the suckers to sign up friends and relatives, because they're playing on the trust between those people. Stick to what you know or what someone can give you a clear and reasonable explanation of.  And have someone you really know and trust (preferably a friend or family member who is reasonably successful in managing their own finances) to act as a sounding board when things like this come along to help keep you from doing something stupid that you'll really regret. Hope this helps. Good luck!\""}
{"_id": "497912", "title": "", "text": "You need to think harder. It's a front office job.  Just like you don't wear hockey skates to play football, you don't wear stupid looking shoes to work in finance.  The whole job is front office work. If that doesn't tell you what you need to know then you should probably look into other careers."}
{"_id": "497920", "title": "", "text": "If someone already payed for it once, they should consider making it available to others. There is alot of things that costs money but is available for free on the internet today. I find it hard that alot of people with access would not share that kind of info, just to screw with the big guys."}
{"_id": "497927", "title": "", "text": "The bank I work with would be more inclined to expand an existing HELOC rather than write a new one. I think that would be your best bet if you decide to continue borrowing against your home. Consider that your own income would have to support the repayment of these larger homes. If it is, why didn't you buy a larger home to begin with? As far as increasing the appraisal, you don't usually get one dollar of increased appraisal for each dollar you spend on improvements unless you have a rundown house in a nice neighborhood; part of the appraisal comes from a comparison with the appraisals of the other homes nearby. Eventually you get close enough to par with the other houses that anyone looking for something more expensive will often choose a different neighborhood entirely. Update: To your edit that mentions the original lender will cap the amount you can borrow, you can take additional secondary mortgages/HELOCs, but the interest rate is usually higher because it is not the first mortgage. I don't generally recommend it, but the option is there."}
{"_id": "497928", "title": "", "text": "As others have pointed out, they do in fact exist.  But it may be worth pointing out a possible reason that they are not as popular as commodities futures. If I want exposure to the oil market (for example,) buying oil futures has a big advantage over buying oil. Namely, I don't actually need to store the oil; I can roll over my position rather than taking delivery. On the other hand, buying single stock futures does not have such a compelling advantage over buying the stock itself, so most people would simply do the latter.  (Although stock futures might provide some other advantages in some very specialized situations.)"}
{"_id": "497933", "title": "", "text": "I think the government has been pretty cautious about this.  The housing bubble only started taking off when we dropped our prime interest rates to match the US.  Since then the finance minister has personally called up banks when he felt like they were dropping rates too low and I think there's been some fairly strict rules about down payments.  I had to put a 35% downpayment for my bungalow in the city since I was on contract.  Most of my friends put in around 25%.  Everyone in Canada think the housing market is inflated and everyone is trying to calm it down."}
{"_id": "497946", "title": "", "text": "As you're working, you and your spouse were probably born after 1935, so I'll assume that Marriage Allowance is relevant to you rather than Married Couple's Allowance. The allowance applies if your husband or wife earns less than the personal allowance in salary (\u00a310,600/year), and less than \u00a35,000/year in savings interest. For example it's likely this will apply if he or she's not working. Also, you need to be only a basic rate taxpayer, earning less than \u00a342,385/year. In that case they can register online to transfer \u00a31,060 of their personal allowance to you, which will reduce your tax bill by \u00a3212/year if you yourself earn more than \u00a31,060 above the personal allowance. This will usually work by HMRC issuing a new tax code to your employer who will then automatically withhold less of your salary. You can't get your employer to do this directly, you have to go via HMRC. The allowance change will be effective as if from the start of the curren tax year in April 2015, so you will probably end up getting the proportion of the \u00a3212 that you could have had up till now (from April to August) back all at once in your next pay cheque, or possibly spread out over the rest of the tax year. Apart from that you'll get it spread out evenly over the year - i.e. about \u00a317/month."}
{"_id": "497960", "title": "", "text": "\"Sort off, the redistribution didn't go entirely to the poor, a lot of it went to Mugabe's supports/cronies. you also can't just unilaterally take things from people with no compensation, because if you do people lose all faith in the government's ability to protect one's property and then they will be less likely to invest in creating or improving \"\"property\"\"\""}
{"_id": "497963", "title": "", "text": "You mean the moron prior to the last president? Zero interest-rate policy was enacted by Bush, Bernanke and Paulson.  The Fed acted late by most accounts, Bernanke was pushing for swift action when Lehman Brothers filed for bankruptcy in September of 2008,  while most of the Fed did not see the need till the end of 08."}
{"_id": "497968", "title": "", "text": "That value differs between a starving man and a man who never fears lack of food.  Let's take, instead, the value of your mother's affection.  Were you to have to pay for that affection, for her hugs, they would lose value.  Offering a price makes her affection worth LESS.  Therefore value is not tied to currency, nor is value indelibly tied to Capitalism.  Trading capital for your mother's affection negates the value of the affection."}
{"_id": "497971", "title": "", "text": "The reason California is suffering for housing is that they refuse to build up and tear down older suburbs. They want to keep the smaller city vibe and don't care about the long term effects or costs. If sf had the density of nyc which itself is far less dense than most major european or asian cities, then housing wouldnt be an issue.   Think about it this way, housing in sf and metro area is more expensive than tokyo, even tokyo houses way more people. Combine the area of LA metro plus nycmetro and you about the size of tokyo metro, but it houses 10x as many people.   Its density, clinging to the past and poor planning problem, not an industry is evil problem."}
{"_id": "497993", "title": "", "text": "Duffbeer703 covers most everything. The entire point of an emergency fund IS for it to be liquid.  Now I do understand (if you feel your situation requires over 6 months of living expenses): That is a lot of money to have sitting in a statement savings account! Under no circumstances should you take any sort of risk with an emergency fund. However, you COULD do this: Invest some of the assets in a six month, 1 year or 2 year CD if returns were enough to be worthwhile.  If you don't need the money, then fine, great. But if you do, you can break a Certificate of Deposit before maturity. There will be a penalty fee. You might lose interest too. But you'll have access to your money, no liquidity risk. So maybe you could put most, say 60% of your rainy day funds in truly liquid assets. The remainder could be in longer term CD's which you hopefully won't need because you'll be back to non rainy day living again."}
{"_id": "498010", "title": "", "text": "I know, right? What a joke. If they were a real car company, they would never acknowledge a problem and put in a repair and warrantee program that benefits the customer. When will Tesla learn to cover-up problems, and then do calculations to see if the legal costs they will pay due to the problem are more than the cost of fixing the problem? What a joke of a company."}
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{"_id": "498014", "title": "", "text": "It looks like GOOG did not have a pre-market trade until 7:14 am ET, so Google Finance was still reporting the last trade it had, which was in the after-hours session yesterday. FB, on the other hand, was trading like crazy after-hours yesterday and pre-market today as it had an earnings report yesterday."}
{"_id": "498034", "title": "", "text": "\"This is my opinion as a car nut. It depends on what you want out of a car. For your situation (paying cash, want to keep the car long-term but also save money) I recommend seriously considering a slightly used vehicle, maybe 2 or 3 years old, or a \"\"certified pre-owned vehicle\"\". Reasons: Much less expensive than a brand new car because the first two years have the biggest depreciation hit. Cars come with a 4-year warranty, so a 3 year old car will still be in warranty. Yes, a certified pre-owned car will have a bit of a premium compared to a private-party used car, but the peace of mind of knowing it's in good shape is worth the extra cost considering you want to keep it long term. Consumer Reports will have good advice on the best values in used cars.\""}
{"_id": "498047", "title": "", "text": "&gt;Is your argument that the US Government is here illegally?   &gt;answering my question with a question  it's a simple yes or no. The drug dealer in your example is the rightful owner of the property, hence why that other person living there and eating their food is making a voluntary choice to live there. You used this to compare to a person living in the US. Implying that the Federal Government is the rightful owner of the entire 'property' of the united states. Is this what you are saying? yes or no?  Also, who came first, the people, or the US Federal Government?  &gt;Okay, so lets add that the drug dealer / gang banger is living in that house because he murdered the prior owner... does that make your living in the house more or less implicit approval of the drug dealers decisions and lifestyle?"}
{"_id": "498056", "title": "", "text": "Unlike the stock market which offers growth long term, the derivatives market is a zero sum game.  This phrase is how one describes a poker game. 7 people walk in, and walk out with the same total amount of money (note, the 7th guy is the 'house', and with nothing at risk, he gets his cut). No money is created, the total value doesn't change.  When I buy or sell an option, there is someone on the other side of that trade with a gain or loss equal and opposite to my position. At option expiration, or a repurchase that closes an open contract, the whole series of trades resulted in no net gain of wealth.  The huge losses were spread among the banks, the investors, the insurance companies, and the government. By government, I mean the taxpayer. You paid your share, my friend, as did I. Welcome to Money.SE. Get to 150 rep, and vote in the election."}
{"_id": "498058", "title": "", "text": "Yeah recent attacks can be a cause for concern, especially where devices such as ATM's are involved.  I've seen XP running in various supermarkets for the 'self service checkouts' too.  I still occasionally maintain some small isolated POS systems that use XP because the drivers simply don't exist on Windows 10, and I don't have the time to debug and fix the drivers either."}
{"_id": "498075", "title": "", "text": "\"The response to this question will be different depending which of the investment philosophies you are using.  Value investors look at the situation the company is in and try to determine what the company is worth and what it will be worth in the future. Then they look at the current stock price and decide whether or not the stock is priced at a good deal or not. If the stock price is priced lower than they believe the company is worth, they would want to buy stock, and if the price rises above what they believe to be the true value, they would sell. These types of investors are not looking at the history or trend of what the price has done in the past, only what the current price is and where they believe the price should be in the future.  Technical analysis investors do something different. It is their belief that as stock prices go up and down, they generally follow patterns. By looking at a chart of what a stock price has been in the past, they try to predict where it is headed, and buy or sell based on that prediction.  In general, value investors are longer-term investors, and technical analysis investors are short-term investors.  The advice you are considering makes a lot of sense if you are using technical analysis. If you have a stock that is trending down, your strategy probably tells you to sell; buying more in the hopes of turning things around would be seen as a mistake. It is like the gambler in Vegas who keeps playing a game he is losing, hoping that his luck changes.  However, for the value investor, the historical price of a stock, and even the amount you currently have gained or lost in the stock, are essentially ignored. All that matters is whether or not the stock price is above or below the true value determined by the investor. For him, if the stock price falls and he believes the company still has a high value, it could be a signal to buy more. The above advice doesn't really apply for them.  Many investors don't follow either of these strategies. They believe that it is too difficult and risky to try to predict the future price of an individual stock. Instead, they invest in many companies all at once using index mutual funds, believing that the stock market as a whole always heads up over a long time frame. Those investors don't care at all if the prices of stock are going up or down. They simply keep investing each month, and hold until they have another use for the money. The above advice isn't useful for them at all.  No matter which kind of investing you are doing, the most important thing is to pick a strategy you believe in and follow the plan without emotion. Emotions can cause investors to make mistakes and start buying when their strategy tells them to sell.  Instead of trying to follow fortune cookie advice like \"\"Don't throw good money after bad,\"\" choose an investment strategy, make a plan, test it, and follow it, cautiously (after all, it may be a bad plan). For what it is worth, I am the third type of investor listed above. I don't buy individual stocks, and I don't look at the stock prices when investing more each month. Your description of your own strategy as \"\"buy and hold\"\" suggests you might prefer the same approach.\""}
{"_id": "498088", "title": "", "text": "I've only worked for one firm but thankfully our CIO is technically inclined and has a technology background.  Agree on the project management aspect. I'm the tech lead on projects and the PM essentially just acts as an escalation point and needs to ask me for updates/decisions that need to be made. All they really do is watch the budget and schedule and change it as I direct them to."}
{"_id": "498092", "title": "", "text": "\"Ah, okay, so you're saying I should just accept that it's 100% juice and not question labels again?  Or are you saying that \"\"100% juice\"\" might not be as cut-and-dry as people might think and really means \"\"100% mixture that can legally be called juice but not really 100% juiced fruit\"\"?\""}
{"_id": "498094", "title": "", "text": "Most of what you say is generally rational...but    &gt;Chiefly because the majority of people in those other sciences (even &gt;the hard sciences) are rather dumb   and you are somehow smarter than all of them to see past the veil of naive stupidity?"}
{"_id": "498131", "title": "", "text": "Is this really venting about giving up capital to a group helping you raise it? You don't even have to give up equity for the capital or worry about VCs pulling out.  Of course something like that would be oversaturated and financially motivated to exploit the over-saturation."}
{"_id": "498140", "title": "", "text": "\"The fee structures are different for PIN-based transactions versus \"\"credit\"\" style transactions. Usually there is a fixed fee (around $0.50) for PIN-based transactions and a varying fixed fee plus a percentage for credit transactions (something like $0.35 + 2.5%). There are also value limits for PIN-based transactions... I believe that you cannot exceed $400 in most places. The signature feature of credit transactions isn't there to protect you, it signifies your agreement to comply with the contract you and the credit card issuer, protecting the merchant from some types of chargeback. Some merchants waive the signature for low dollar value transactions to increase convenience and speed up the lines. All of your other questions are answered elsewhere on this site.\""}
{"_id": "498146", "title": "", "text": "Actually it seems you are not quite correct about the number of different banks in Canada. https://en.wikipedia.org/wiki/List_of_banks_and_credit_unions_in_Canada According to this link there are 82-86 banks in Canada plus credit unions. This may still be lower than what would correspond to the number of banks in the US, scaled for canadian population. One further reason not mentioned before could be that the population density in Canada outside of the metropolitan areas could be lower than in the US, leaving to few small towns large enough (10,000+ (a guess corrected due to comment)) to support a bank."}
{"_id": "498150", "title": "", "text": "I think you just hit the nail on the head as to why I enjoy it so much.   I find I have a much lower attention span to music played digitally, the fact I have the power to skip songs, queue other artists. Even though I tend to be pickier with my Vinyl purchases I still struggle to listen to the same albums through Spotify."}
{"_id": "498151", "title": "", "text": "\"Yeah, okay buddy. You want \"\"data\"\" now that you've been spewing nonsense. Where's your \"\"data\"\" that anyone but Muslims and Hispanics feel unwelcome. China is a country that jails people for religion and is notorious for having a government that preemptively cracks down on citizens. They're quite used to authoritarian rule. Chinese are probably more afraid of Muslims than Americans are and thrilled with a travel ban, as long as it doesn't affect them.\""}
{"_id": "498154", "title": "", "text": "\"Good. While they're at it they should look at the rules around what qualifies as \"\"breakfast\"\" included.  I'm sick and tired of booking a hotel based on that criteria alone and finding out it's a few bananas and oranges.  That's NOT a breakfast.\""}
{"_id": "498163", "title": "", "text": "\"I read an account of why the U.K. didn't end up with the euro as its currency in David M. Smick's great book The World Is Curved: Hidden Dangers to the Global Economy. Chapter 6 of the book is titled \"\"Nothing Stays the Same: The 1992 Sterling Crisis.\"\"  Here's a very brief excerpt; emphasis mine: [...] As this story shows, such   blindness to the realities of a   changing world can be very dangerous.   In this case, the result was the   brutal collapse of the British pound,   which explains why the British people still use their own currency, the   pound or sterling, and not the euro.   The events that unfolded in the autumn   of 1992 were totally unforeseen, yet   they reshaped the European monetary   world and represent a phenomenon that   continues to impact global economies. [...] Smick's account of the events around 1992 runs about 28 pages.  Here's my version, in a nutshell: At the time, Britain was part of the European Exchange Rate Mechanism, or ERM. The belief in Europe was that by uniting currencies under a common mechanism, Europe could gain influence in international financial policy largely dominated by the United States.  The ERM was a precursor to monetary union.  The Maastricht Treaty would eventually create the European Union and the euro. Britain joined the ERM later than other nations, in 1990, and after some controversy. Being part of the ERM required member nations to agree to expand and contract their currencies only within certain agreed upon limits called currency bands. Due to the way this had been structured, Germany's strong position placed it at the top of the system. At some point in 1992, Germany had raised interest rates to curb future inflation.  However, Britain wanted Germany to cut rates \u2013 Britain was not in as enviable a position, economically speaking, and its currency was under pressure.  The currency band system would put Britain in a tighter spot with Germany raising rates. Enter George Soros, the Hungarian billionaire, a.k.a. \"\"the man who broke the Bank of England.\"\"  Soros took a huge short position against the Sterling. He believed the Sterling was overvalued relative to the German deutsche mark, and Britain would be forced to devalue its currency and realign with respect to the ERM.  Other traders followed and also sold the Sterling short. With much pressure on the currency, the Bank of England had to buy up Sterling in order to maintain its agreement under the ERM.  Of course, they needed to borrow other currencies to do this.  Soon the BoE was in over its head defending the Sterling, realizing the exchange rate it needed to maintain under the ERM simply wasn't sustainable. Britain was forced to withdraw from the ERM on Black Wednesday, September 16th, 1992. And so, Britain does not use the euro today \u2013 and any talk of doing so is politically controversial.  Therefore I wouldn't bet on Britain adopting the euro any time soon \u2013 too many of the players are still in politics and remember 1992 well.  I think if Britain adopting the euro is ever to happen, it will be when the memory of 1992 has faded away. BTW, George Soros made off with more than US$1 billion.  Soros is a very smart guy.\""}
{"_id": "498176", "title": "", "text": "Would you also suggest some stock with interesting returns and risks? Because i tried with FB, GS, JNJ, MCD, F and the have low returns in the last 5 years, so when you compare them to commodities you don't see so much difference in stdev and returns."}
{"_id": "498180", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.forbes.com/sites/pascalemmanuelgobry/2013/03/18/finally-economists-acknowledge-that-theyre-biased/) reduced by 94%. (I'm a bot) ***** &gt; In debates around topics like free trade, critics argue that economists&amp;#039; social perspective tars their recommendation, and economists vigorously deny the existence of an &amp;quot;Economics ideology&amp;quot;.  &gt; In my view, the fact that so many economists praise Cowen&amp;#039;s finding which undermines economics&amp;#039; claim to scientific knowledge highlights that many of these economists think their value system is, well, right.  &gt; Most economists think economic growth is pretty important, and spend lots of time thinking about how to increase economic growth and making proposals for increasing economic growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qaf8t/finally_economists_acknowledge_that_theyre_biased/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~178425 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **economist**^#1 **growth**^#2 **economic**^#3 **wage**^#4 **college**^#5\""}
{"_id": "498189", "title": "", "text": "&gt;It shouldn't have had to go to court.  The plaintiff brought the case to court to end the ongoing extortion for others, not because he needed to fight the claim. It is obviously in the public domain and the judgement even said so, but it is still cheaper for small time authors to pay the licensing fee than to defend from a false claim which is why the Doyle estate kept trying this stunt."}
{"_id": "498198", "title": "", "text": "When the 2016 models come out, the dealership marks down the 2015 model and then it sells pretty fast.  The process doesn't take that long in the car market because the 2015 models are just as good as the 2016 so if they are just a little cheaper, they will sell quickly.  If you want a 2008 Audi that has never sold, you are going to be looking for a long time. The same thing happens in every industry.  Where are the older versions of digital cameras?  Cell phones?  Blenders?  Digital pianos?  Any item that changes from year to year sits on shelves for a little while after its replacement comes out until the retailer reduces its price by enough and it sells.  The only exceptions are goods that depreciate very quickly or go bad, which are recycled or thrown away (like fresh produce, for example). It seems kind of crazy at first that essentially all goods that are produced by the economy are consumed, but that's the magic of capitalism: prices make markets clear."}
{"_id": "498228", "title": "", "text": "\"The advantages of the TFSA are  This makes them great for 50-somethings who didn't do any saving yet, for whom clawbacks when they drawdown RRSPs will have a big impact on taxes and government-related income. It also makes them great for \"\"I will save up for that car / my downpayment / the kids skating fees next year\"\" when the money would come out of an RRSP at the same or even a higher tax rate and would not have time to compound for long. This may apply to you. And finally it makes them great for highly paid people who just don't know what the heck to do with all the money that is piling up and have no intention of ever using any of it while they're working, but have filled up their RRSPs. My 20-somethings are using them because they pay essentially no taxes now, so are waiting to use their RRSP room later. If you have money that you are saving for something other than retirement, put it in a TFSA. If you've maxed the RRSP and still have money left over, put it in an TFSA. If you have children, consider an RESP first, because of the bonus money. But don't think TFSA first unless it's for timelimited saving like towards a car or renovation.\""}
{"_id": "498236", "title": "", "text": "\"I disagree. I believe money should be invested, not spent. Investing is something you should do as early as possible, even (especially) before incurring personal debt, such as cars, houses, student loans, etc. As Warren Buffet says, delaying investment until you are all paid up, is like saving sex for your old age. Remember that you are considering an investment, not another expense. The only consideration is whether or not the property will be cashflow-positive, i.e. \"\"does it make more in rent than it costs to maintain?\"\". If it is, buy it. You can use the income to pay off those debts faster, and at the end you will still have the income stream. Second, it makes no sense to use all your cash when the bank is willing to lend you money. There is nothing wrong with debt, as long as it is attached to an asset, i.e. something that makes more money than it costs. If you have that much cash, buy several apartment buildings, hire a management company, and retire.\""}
{"_id": "498282", "title": "", "text": "\"For a personal finance forum, this is too complicated for sustained use and you should find a simpler solution. For a mathematical exercise, you are missing information required to do the split fairly.  You have to know who overlaps and when to know how to do the splits.   For an extreme example, take your dates given: Considering 100 days of calculation period,  If Roommate D was the only person present for the last 10 days, they should pay 100% of the grocery bill as they are the only one eating.   From your initial data set, you can't know who should be splitting the tab for any given day. To do this mathematically, you'd need:  But don't forget \"\"In Theory, Theory works.  In Practice, Practice works.\"\" Good theory would say make a large, complicated spreadsheet as described above.   Good practice would be to split up the costs in a much, much simpler way.\""}
{"_id": "498284", "title": "", "text": "\"*Most* companies have gross margins, because it's not *just* tied to cost of \"\"goods,\"\" but cost of *revenue.* FedEx has costs of revenue and therefore a gross margin.  In some cases, however, yes, some companies will not have a cost directly tied to revenue. These are services companies in which an employees salary is by no means tied to the revenue (i.e. a salary of $50k will still do $100k of work or $1M of work with no change).   EDIT: Work has me looking at American Addiction Centers (AAC), which is an example of a company without cost of revenue/goods.\""}
{"_id": "498288", "title": "", "text": "Voip for mobile Voip mobile Hello dear, i have good quality Mobile  dialer. Just install dialer software and give login and password then make call.,We have Nine Canadian &amp; UK dialer with highest voice. you can use all dialer in same account. if you like good quality service, please contact with us. Looking for Reseller. India mobile\u2014\u2014\u20132200 mins Bangladesh Mobile\u2013800 mins Pakistan Mobile\u2014- 800/1450 mins Price=29$/107AED/ 11.1348 Omr/ 109 SAR/1380 Rupee/2100 taka If you don\u2019t like that packages then We will create card as your demand. Or we will give to you reseller panel then you can create card as you like.   Thanks and Regards Masum salestalkdialer@gmail.com mobiledialer788@yahoo.com Mobile: 8801711062213, 8801673706969"}
{"_id": "498300", "title": "", "text": "At Just Fascias, we provide the expert installers of replacement Fascias and Soffits in Kent and Surrey. We use top quality materials for the safety of your home. We also offer you a wide array of payment options suitable to you! Call free at 0800 048 8872 for any query!"}
{"_id": "498309", "title": "", "text": "\"See if you can find a buyer's agent who will represent you at an hourly rate, and refund the balance of the buying agent's commission.  As I noted in a comment, I know of at least two agencies that will do this in Chicago. Start with a google search of something like \"\"[MyCity] discount real estate brokers\"\".\""}
{"_id": "498311", "title": "", "text": "Two of the best (BEST) infrastructure engineers (DEC and Sun) I worked with over the past 30+ years graduated from Juilliard.    I have an engineering degree (ChE), but it's all about what you bring to the party when you're working on enterprise scale problems."}
{"_id": "498314", "title": "", "text": "Dealing with an unfaithful cheating partner or spouse can be a very very painful experience, especially if the two of you have been together for a long time. But, once the evidence is evident enough to seek for answers of the betrayal, you should not lose your strength and peace of mind."}
{"_id": "498323", "title": "", "text": "The problem is that while there are a lot of statistics that can be created from basic market data such as prices and volume, along with the fundamentals of the company, I think that if you talk to 8 different day traders, you'll get 12 different theories of how to interpret and trade based on those numbers.  Also quite likely, the more successful someone is at day trading, the more closely they are likely to guard their secrets and not want to divulge them. If there was any uniform concensus, they you'd see all the daytraders doing the same thing, and moving as a group, shortly after which you'd get 'contra' folks who would try to gain by moving in opposition, or 'predicta' folks who would try to front-run the pack. and.... (I think you can see where this leads)  A better idea might be to just work on educating your-self firstly with regard to nomenclature and terms, and then move on to reading some stuff about how markets work   etc.  I'd suggest starting with a book like 'Wall Street Words' and/or 'A Random Walk Down Wall Street' since both are great introductions to things, and move on from there.  Note that both of those books have gone through multiple editions, so be sure to get the most recent one (especially if you are trying to save money and buy a used version)   You are also likely to find an nearly endless supply of 'seminars' that will offer to teach you somebody's proven method for a fee, or for 'free' but after which you find our you need to use their special tools or data sources etc (which cost money) to use their 'system'  (either of which makes me think that their system can't be that great if they figure it's a surer thing to charge for 'teaching' or 'tools/services' than it is to use their system, otherwise they'd just shut up, practice what they preach and make money that way instead)  It might be worth attending the free ones just to get exposure to someone's theory on how to game the system, provided you are 'not an easy mark' and can withstand the high pressure sales pitch for their books/software/services etc that pays their bills and almost invariably comes along with such a seminar."}
{"_id": "498337", "title": "", "text": "Cash should never have been placed in the mailbox in the first place; this is what checks are for. I would be a bit surprised if that constitutes your accepting payment, but I Am Not A Lawyer. You need local legal advice; this is the sort of thing where local rulings matter. Definitely report the missing money to the police, no matter what else you do. You do not have to give them an opinion on whether this was a theft or an attempted fraud; just give them the facts that the tenant says they left money in the box but you didn't find it there."}
{"_id": "498350", "title": "", "text": "\"I get it, but I'm just saying it's not as simple as saying \"\"if you can't settle down for a few weeks, you don't really want the job\"\". A person who uses marijuana for medical purposes is *not* legally protected from these drug tests (the courts have ruled on this), but it may not be reasonable for them to stop taking their medicine for six to twelve weeks.    Finance companies sometimes do hair tests, although it's less common.\""}
{"_id": "498356", "title": "", "text": "\"First, your question contains a couple of false premises: Options in the U.S. do not trade on the NYSE, which is a stock exchange.  You must have been looking at a listing from an options exchange. There are a handful of options exchanges in the U.S., and while two of these have \"\"NYSE\"\" in the name, referring to \"\"NYSE\"\" by itself still refers to the stock exchange. Companies typically don't decide themselves whether options will trade for their stock.  The exchange and other market participants (market makers) decide whether to create a market for them. The Toronto Stock Exchange (TSX) is also a stock exchange.  It doesn't list any options.  If you want to see Canadian-listed options on equities, you're looking in the wrong place. Next, yes, RY does have listed options in Canada. Here are some.  Did you know about the Montreal Exchange (MX)?  The MX is part of the TMX Group, which owns both the Toronto Stock Exchange (TSX) and the Montreal Exchange. You'll find lots of Canadian equity and index options trading at the MX.  If you have an options trading account with a decent Canadian broker, you should have access to trade options at the MX. Finally, even considering the existence of the MX, you'll still find that a lot of Canadian companies don't have any options listed.  Simply: smaller and/or less liquid stocks don't have enough demand for options, so the options exchange & market makers don't offer any. It isn't cost-effective for them to create a market where there will be very few participants.\""}
{"_id": "498357", "title": "", "text": "No, this is misbehavior of sales software that tries to automatically find the price point which maximizes profit. There have been much worse examples. Ignore it. The robot will eventually see that no sales occurred and try a more reasonable price."}
{"_id": "498378", "title": "", "text": "\"This depends strongly on what you mean by \"\"stock trading\"\".  It isn't a single game, but a huge number of games grouped under a single name. You can invest in individual stocks. If you're willing to make the (large) effort needed to research the companies and their current position and potentialities, this can yield large returns at high risk, or moderate returns at moderate risk. You need to diversify across multiple stocks, and multiple kinds of stocks (and probably bonds and other investment vehicles as well) to manage that risk. Or you can invest in managed mutual funds, where someone picks and balances the stocks for you. They charge a fee for that service, which has to be subtracted from their stated returns. You need to decide how much you trust them. You will usually need to diversify across multiple funds to get the balance of risk you're looking for, with a few exceptions like Target Date funds. Or you can invest in index funds, which automate the stock-picking process to take a wide view of the market and count on the fact that, over time, the market as a whole moves upward. These may not produce the same returns on paper, but their fees are MUCH lower -- enough so that the actual returns to the investor can be as good as, or better than, managed funds. The same point about diversification remains true, with the same exceptions. Or you can invest in a mixture of these, plus bonds and other investment vehicles, to suit your own level of confidence in your abilities, confidence in the market as a whole, risk tolerance, and so on. Having said all that, there's also a huge difference between \"\"trading\"\" and \"\"investing\"\", at least as I use the terms. Stock trading on a short-term basis is much closer to pure gambling -- unless you do the work to deeply research the stocks in question so you know their value better than other people do, and you're playing against pros. You know the rule about poker: If you look around the table and don't see the sucker, he's sitting in your seat... well, that's true to some degree in short-term trading too. This isn't quite a zero-sum game, but it takes more work to play well than I consider worth the effort. Investing for the long term -- defining a balanced mixture of investments and maintaining that mixture for years, with purchases and sales chosen to keep things balanced -- is a positive sum game, since the market does drift upward over time at a long-term average of about 8%/year. If you're sufficiently diversified (which is one reason I like index funds), you're basically riding that rise. This puts you in the position of betting with the pros rather than against them, which is a lower-risk position. Of course the potential returns are reduced too, but I've found that \"\"market rate of return\"\" has been entirely adequate, though not exciting. Of course there's risk here too, if the market dips for some reason, such as the \"\"great recession\"\" we just went through -- but if you're planning for the long term you can usually ride out such dips, and perhaps even see them as opportunities to buy at a discount. Others can tell you more about the details of each of these, and may disagree with my characterizations ... but that's the approach I've taken, based on advice I trust. I could probably increase my returns if I was willing to invest more time and effort in doing so, but I don't especially like playing games for money, and I'm getting quite enough for my purposes and spending near-zero effort on it, which is exactly what I want.\""}
{"_id": "498399", "title": "", "text": "If you've ever taken a look at Amazon Fresh,it's full of pretty much the same stuff (just much less variety than Whole Foods) - I'd imagine the WFM model isn't going to change from the brick and mortar standpoint, but will see a full scale integration of Amazon Fresh's delivery service, which will be good for both.  Still not keen on 8 dollars for a gallon of milk tho. wtf Whole Foods."}
{"_id": "498404", "title": "", "text": "Yes, the ADR will trade on a separate exchange from the underlying one, and can (and does) see fluctuations in price that do not match the (exchange corrected) fluctuations that occur in the original market. You are probably exposing yourself to additional risk that is related to:"}
{"_id": "498417", "title": "", "text": "\"I very much agree with what @Grade 'Eh' Bacon said about townhouses, but wanted to add a bit about HOA's, renting after moving on, and appreciation: HOA's HOA's can be restrictive, but they can also help protect property values, not all HOA's are created equal, some mean you have zero exterior maintenance, some don't. You'll be able to review the HOA financials to see where the money goes (and if they have healthy reserves). You'll see how much they spend on administration, I think ~10% is typical, and administration can be offset by the savings associated with doing everything in bulk. A well-run HOA should actually save you money over paying for all the things separately, but many people are happy to do some things themselves rather than pay for it, and would come out ahead if they didn't have an HOA. And of course, not all HOA's are well-run. Just do your best to get informed Transitioning to Rental If you are interested in trying your hand being a landlord after living there for a while, a townhouse typically exposes you to less rental risk than a single-family home, because the cost is typically lower and if the HOA maintains everything outside the house then you don't have to worry as much about tenants keeping a lawn in good shape, for example. Appreciation Appreciation varies wildly by market, some research by Trulia suggests in general condo's have outperformed single-family houses over the last 5 years by 10.5%. The same article notes that others disagree with Trulia's assessment and put condo's below single-family houses by 1.3% annually. My first townhouse has appreciated 41% over the last 3 years, while houses in the area are closer to 30% over the same period, but I believe that's a function of my local market more than a nationwide trend. I wouldn't plan around any appreciation forecasts. Source: Condos may be appreciating faster than single-family houses My adviceYou have to do your research on each potential property regardless of whether it's a condo/townhouse/single-family to find out what restrictions there are and what services are provided by the HOA (if any), your agent should be provided with most of the pertinent info, and you may not get to see HOA financials until you're under contract. Most importantly in my view, I wouldn't buy anywhere near the top of your budget. Being \"\"house-poor\"\" is no fun and will limit your options, don't count on appreciation or better income in the future to justify stretching yourself thin in the short-term.\""}
{"_id": "498422", "title": "", "text": "Yes, I see your point.   To be fair though - he was downvoted, so at least the users are trying to tune out the political rhetoric. Let's hope that continues; on our part, I did recently remove a ZH article that was just plain garbage.   Again - please use the report button if you feel that an article is not-finance and/or incorrect. We generally take swift notice of those, and can act a lot faster."}
{"_id": "498424", "title": "", "text": "Internet sites Books Academic"}
{"_id": "498434", "title": "", "text": "Yes. I think people forget the emotional aspects that humans have to walking into a bright store and actually touching and holding products. The advent of mobile apps ( Ibotta, Shopkick to name a few off the top of my head) and their success is evidence that people like shopping in person, they just want to get a good deal."}
{"_id": "498437", "title": "", "text": "I gather it's been up until now cost prohibitive to build upward, and in such an environment, cities have a vested interest in maintaining their skyline. They'll probably need to adapt, but the idea that zoning is capricious is false."}
{"_id": "498444", "title": "", "text": "There are two steps. First you take the age at retirement and annual benefit. Say it's $10,000/yr. You can easily look up the present value of a $10k/yr annuity starting at age X. (I used age 62, male, at Immediate Annuity. It calculates to be $147K. You then need to look at your current age and with a finance calculator calculate the annual deposits required to get to $147K by that age.  What I can't tell you is what value to use as a cost of money until retiring. 4%? 6%? That's the larger unknown."}
{"_id": "498454", "title": "", "text": "\"Why is \"\"going forward\"\" any different than \"\"from now on\"\"? They both mean \"\"we are at a point, and now we are going to move from that point\"\"  They're just plain synonyms.   \"\"Touch base\"\" means more than \"\"contact\"\" - it suggests a short status report. If someone says \"\"we will only touch base via email\"\" they're kinda using it wrong. It's usually something like \"\"Hey, touch base with me tomorrow morning\"\" which means \"\"contact me and let me know how everything is going\"\" except it's shorter.   \"\"We need to take it offline\"\" is simply a modern form of \"\"sidebar.\"\" It's similar to \"\"table the discussion for later\"\" but not quite. Incidentally, \"\"take it offline\"\" also means \"\"let's stop wasting everyone's time with this and get back to finishing the meeting\"\" - you'd think folks would be grateful for that one.  \"\"Please reach out\"\" suggests asking for help.   tl;dr^* : \"\"Contact,\"\" \"\"touch base,\"\" and \"\"reach out,\"\" each have subtly different meanings. If you think they're synonyms, either the people around you don't use them right, or you're not paying attention.    ^* tl;dr is a reddit buzzword. But I guess those are okay.\""}
{"_id": "498503", "title": "", "text": "\"Will this difference be given back in my next tax return If you compute your taxes correctly, yes you will get that money back when your tax return is processed. \"\"is it possible to return the check and modify how it's calculated if I talk to payroll?\"\"  That is entirely up to your company but, probably not. It's a lot of effort for a comparatively small amount of money.  \"\"Any ideas?\"\" Yeah, you are doing your math wrong. A possible but more unlikely answer is your company's software screwed up.\""}
{"_id": "498510", "title": "", "text": "The driven hardworking people should be able to earn a living just like the wasteful, unambitious 2nd-5th generation rich folk.  The *widening* inequality needs to be fixed if we want to keep our society intact, unless we're aiming towards modern feudalism. (Which we are!)"}
{"_id": "498535", "title": "", "text": "I hate Sony. Proprietary, overpriced crap. They still think they can charge like 25% premium on their products because of the brand name alone while Samsung pretty much rules the market in a lot of areas they used to be considered big."}
{"_id": "498552", "title": "", "text": "How many terms in does Obama need to go before it starts being his problem?  Does that happen at his second term, or should we start drumming up support for a Constitutional Amendment to repeal the 22nd Amendment so we can get this done?"}
{"_id": "498561", "title": "", "text": "While my margin is not nearly as good as yours, I sell out early.  I generally think it's a bad idea to hold any single stock, as they can vary wildly in value.  However, as you mention, it's advantageous to hold for one year.  Read more about Capital Gains Taxes here and here."}
{"_id": "498567", "title": "", "text": "There are been many tests about invest all the money immediately and average it out during a period of time.  The results favor to invest the lump sum immediately, so your money starts to work and produce income with dividends. Cash don't produce any income."}
{"_id": "498581", "title": "", "text": "Yup. These people are entitled losers that don't want to be responsible for their actions. They still live at home at 30 and don't have a real job or make minimum wage, but it's not their fault according to them. They blame it on everyone else"}
{"_id": "498589", "title": "", "text": "\"Am I eligible for declaring my earnings to the IRS? You're always eligible. You're probably asking whether you're required. In the US it doesn't matter where you deposit the money, it matters where you earn it. Money is earned where the services are provided. This is called \"\"sourcing\"\". So if you are working in a foreign country - you're only subject to the US laws to the extent you're a US citizen/permanent resident or qualify for the substantial presence test.\""}
{"_id": "498597", "title": "", "text": "An index fund is just copying the definition of an index. The group that defines the index determines how to weight the different parts of the index. The index fund just makes sure they invest the same way the index creator wants.  Think of a non-investment scenario. A teacher can grade tests, quizzes, homework, in-class assignments, research papers. They decide how much weight to give each category and how much weight to give each part of each category. when a student wants to see how they are doing they take the information in the syllabus, and generate a few formulas in a spreadsheet to calculate their current grade. They can also calculate what they need to get on the final exam to get the grade they want."}
{"_id": "498604", "title": "", "text": "The question is for your HR department, or administrator of the plan. How long must you hold the employee shares before you are permitted to sell? Loyalty to your company is one thing, but after a time, you will be too heavily invested in one company, and you need to diversify out. One can cite any number they wish, 5%, 10%. All I know is that when Enron blew up, it only added insult to injury that not only did these people lose their job, they lost a huge chunk of their savings as well."}
{"_id": "498606", "title": "", "text": "Some smart but sketchy people are getting rich with this.  &gt;The email informs readers about AllSafe, a digital token without a working website, a Twitter account that's been dormant since June, and the same name as a fake company in the show Mr. Robot.  Ok, maybe not that smart."}
{"_id": "498607", "title": "", "text": "From the article:  *counterfeiters' profits are often enormous because they haven't had to fund the R&amp;D work undertaken by the pharma companies*  No.  R&amp;D amounts to about ~~5%~~ 10% (NSF has it at less than 10%) of the average pharmaceutical company's budget.  Most pharmaceutical companies spend more on advertising than they do on R&amp;D.  The huge profit margin in counterfeiting in-patent drugs is due to the huge profit margin that pharmaceutical companies make on in-patent drugs.    I'm not saying this is good or bad; I'm making no value judgement at all.  It is simply not true that the cost of in-patent drugs is driven by R&amp;D costs.  The issue is much more complex than that."}
{"_id": "498611", "title": "", "text": "\"So your whole approach, and the attempt to scale this is flawed.  You will alienate roomates, provoke arguments, and make everyone's life more difficult.  There are too many variables and unforeseen possibilities.  For instance: \"\"Why should I have to pay for Joe to go buy the expensive organic milk when I'm fine with the cheap stuff?\"\" \"\"I planned on being here for 20 days, but was gone that long weekend, recalculate everything please.\"\" \"\"I already paid for this month, but now you're asking for more because James wanted to recalculate for a long weekend?\"\" The right way to do this is to set up loose, reasonable agreement among the participants and treat that as a contract, but with some flexibility/mercy on small dollar amount items. For instance: There are 5 of us, so everyone provides food (and shops/cooks) one night a week.  We're solo on Friday and Saturday (people eat out more then anyway), and everyone puts in $10/week (or whatever) for breakfast cereal, snacks, etc.  If you can't be here on your night, work out to trade with someone.  If you miss out on a meal... oh well. As long as people feel like they have a say in the discussion generating this and it's not dictated to them, then most of the time this is far superior.  If people need this level of detail, then perhaps those people should live alone or move in with Sheldon Cooper from \"\"The Big Bang Theory\"\".\""}
{"_id": "498631", "title": "", "text": "\"Do I need an Investment Adviser?  No, but you may want to explore the idea of having one. Is he going to tell me anything that my accountant can't?  Probably. How much expertise are you expecting from your accountant here? Do you think your accountant knows everything within the realms of money from taxes, insurance products, investments and all your choices and what would work or wouldn't? Seems like it could be a tall order to my mind. My accountant did say to come to him for advice on investment/business   issues. So, he is willing, but is he able? Not asking about his   competence, but rather \"\"is there something that only an Investment   Adviser can provide, by law, that an accountant can't\"\"? Not that I know though don't forget how much expertise are you expecting here from one person. Is this person intended to answer all your money questions? But isn't that something that my accountant could/should do? Perhaps though how well are you expecting one person to be aware of so much stuff? I want you to know all the tax law so I can minimize taxes, maximize my investment returns, cover me with adequate insurance, and protect my savings seems like a bit much to put on one entity. Do I need either of them? Won't the Internet and sites like this one   suffice? Need no. However, how much time are you prepared to spend learning the basics of strategies that work for you? How much money are you prepared to put into things to learn what works and doesn't? While it is your decision, consider how to what extent do you diagnose your medical issues through the internet versus going to see a doctor? Be careful of how much of a do it yourself approach you want to go here and recognize that there are multiple approaches that may work. The question is which trade-offs are OK for you.\""}
{"_id": "498640", "title": "", "text": "\"You're right to seek passive income and since you're already looking for it, you probably already know some of the reasons to why it is important.   Do you live in the United States? If so I'd strongly recommend purchasing your primary residence and then maybe investment properties if you like owning your own home.  The US tax and banking structure is set up to favor this move in more ways than I can count. So, SAVE, SAVE, SAVE then beg, borrow and steal to get the down payment, rent rooms to friends or random people to afford the payments, buy a fixer upper in an up and coming neighborhood.  The US is rife with these in all price ranges. If you're working 56 hrs a week, you've got the work ethic. So if you can't afford it it's probably because you're spending all your money on other stuff. If you want to do this, it will take some effort, smarts, and savings. You will have to trim back the mochas, vacations, dinners out, etc, etc etc.  Let your friends do that stuff and rent from you.  Your life will get continually easier. If you have already trimmed back all the discretionary spending and still can't make it then you need to earn more money. Doing either and both of these things will absolutely change your whole economic life and future. So in summary I'd offer these  Ranked Priorities: 1) Learn to Save (unless you always want to have to work for someone else) 2) Increase your income capability (since your most valuable asset is YOU) 3) Buy and hold real estate (because the game is rigged to favor passive income) I'm 38, never earned a six figure salary, made some good purchases when I was 25-30 and work is \"\"optional\"\" for me now.\""}
{"_id": "498645", "title": "", "text": "\"Bonds might not be simple, but in general there are only a few variables that need to be understood: bid, coupon (interest) rate, maturity, and yield.  Bond tables clearly lay those out, and if you're talking about government bonds a lot of things (like convertibles) don't apply (although default is still a concern). This might be overly simplistic, but I view ETF's primarily as an easy way to bring somewhat esoteric instruments (like grain futures) into the easily available markets of Nasdaq and the NYSE. That they got \"\"enhanced\"\" with leveraged funds and the such is interesting, but perhaps not the original intent of the instrument.  Complicating your situation a bit more is the fee that gets tacked onto the ETF. Even Vanguard government bond funds hang out north of 0.1%. That's not huge, but it's not particularly appealing either considering that (unlike rounding up live cattle futures), it's not that much work to buy US government bonds, so the expense might not seem worth it to someone who's comfortable purchasing the securities directly.  I'd be interested to see someone else's view on this, but in general I'd say that if you know what you want and know how to buy it, the government bond ETF becomes a lot less relevant as the liquidity offered (including the actual \"\"ease of transacting\"\") seem to to be the biggest factors in favor. From Investopedia's description: The bond ETF is an exciting new addition to the bond market, offering   an excellent alternative to self-directed investors who, looking for   ease of trading and increased price transparency, want to practice   indexing or active bond trading. However, bond ETFs are suitable for   particular strategies. If, for instance, you are looking to create a   specific income stream, bond ETFs may not be for you. Be sure to   compare your alternatives before investing.\""}
{"_id": "498649", "title": "", "text": "Well, first off, if your children are NZ citizens, they can borrow money at 0% interest for tertiary education and I don't see any benefit to not taking free money. A saving account is your money, and will accrue a little bit of interest and you will pay tax on that. A family trust (I hope this is what you mean by trust fund) is a separate financial entity that can be set up to own assets for the benefit of multiple people. For example, if you have a rental property or business and you want the income divided between your children, rather than coming to you, or if you have a bach you want to keep in the family after you die."}
{"_id": "498659", "title": "", "text": "It seems likely that the mortgage is not in your boyfriend's name because he never would have qualified if he can't even afford utilities after paying the mortgage. It also seems unfair that his sister continues to have a 50% share of the equity if your boyfriend has been making the entire payment on the mortgage every month. What would happen if your boyfriend stopped making the payments? His sister would have no choice if the property went into foreclosure. Your boyfriend has all the leverage he needs by simply refusing to continue making the payments. Why he won't push his sister to make a deal is the real question you need to ask him. In the meantime, if he wants out, all he has to do is decide not to keep paying whether his sister feels attached or not."}
{"_id": "498666", "title": "", "text": "Personally, I buy newer luxury cars for two reasons.   1) Status symbol Newer cars have the latest looks, performance, and features like heated side mirrors and sensors that adjust cruse control speed when in heavy traffic etc.   2) Older cars have more wear and tear. No one has spent any significant amount of time in the car before and therefore you know the history of what the car has been through, like buying a new pair of pants.  You know that no one has pissed in them ;). After I have pissed in and tore up my now older luxury car, I sell it off and get a new one.  Cars wear out and as they get older, they need parts replaced.  My brother's Mazda, for example, just blew the head gasket after buying the car new and driving 130k miles over a four year period.  Part of the luxury for owning a new car is the luxury of time, not having your car spend any significant amount of time in a garage being worked on, unless you buy a Land Rover of course ;)."}
{"_id": "498676", "title": "", "text": "\"As a TL;DR version of JAGAnalyst's excellent answer: the buying company doesn't need every last share; all they need is to get 51% of the voting bloc to agree to the merger, and to vote that way at a shareholder meeting. Or, if they can get a supermajority (90% in the US), they don't even need a vote. Usually, a buying company's first option is a \"\"friendly merger\"\"; they approach the board of directors (or the direct owners of a private company) and make a \"\"tender offer\"\" to buy the company by purchasing their controlling interest. The board, if they find the offer attractive enough, will agree, and usually their support (or the outright sale of shares) will get the company the 51% they need. Failing the first option, the buying company's next strategy is to make the same tender offer on the open market. This must be a public declaration and there must be time for the market to absorb the news before the company can begin purchasing shares on the open market. The goal is to acquire 51% of the total shares in existence. Not 51% of market cap; that's the number (or value) of shares offered for public trading. You could buy 100% of Facebook's market cap and not be anywhere close to a majority holding (Zuckerberg himself owns 51% of the company, and other VCs still have closely-held shares not available for public trading). That means that a company that doesn't have 51% of its shares on the open market is pretty much un-buyable without getting at least some of those private shareholders to cash out. But, that's actually pretty rare; some of your larger multinationals may have as little as 10% of their equity in the hands of the upper management who would be trying to resist such a takeover. At this point, the company being bought is probably treating this as a \"\"hostile takeover\"\". They have options, such as: However, for companies that are at risk of a takeover, unless management still controls enough of the company that an overruling public stockholder decision would have to be unanimous, the shareholder voting body will often reject efforts to activate these measures, because the takeover is often viewed as a good thing for them; if the company's vulnerable, that's usually because it has under-performing profits (or losses), which depresses its stock prices, and the buying company will typically make a tender offer well above the current stock value. Should the buying company succeed in approving the merger, any \"\"holdouts\"\" who did not want the merger to occur and did not sell their stock are \"\"squeezed out\"\"; their shares are forcibly purchased at the tender price, or exchanged for equivalent stock in the buying company (nobody deals in paper certificates anymore, and as of the dissolution of the purchased company's AOI such certs would be worthless), and they either move forward as shareholders in the new company or take their cash and go home.\""}
{"_id": "498677", "title": "", "text": "&gt;provide cheap, commoditized services.  This is crux to the article's argument. But the point should be taken from the article that you need to value your time (so there is a higher chance of success with the business endeavor).   If you can hire someone else to do other (lower level) tasks (i.e. farm out, delegate, contract) you free up time for yourself to do those tasks that bring more results to your efforts. And hence has more value.  Perhaps this is where the [80/20 rule](http://en.wikipedia.org/wiki/Pareto_principle) comes into play."}
{"_id": "498681", "title": "", "text": "There is nothing fair / unfair in such deals. It is an art than a science.  what kind of things should be considered, to work out what would be a fair percentage stake A true fair value is; take the current valuation of the company [This can be difficult if it is small and does not maintain proper records]. Divide by number of shares, that is the value of share and you should 20K worth of such shares. But then there is risk premium. You are taking a risk that an small start-up may do exceedingly well ... or it may close off. This risk premium is what is negotiated. It depends on how desperate the owner of the small company is; who all are interested in this specific deal ... if you want 30% share; someone else is ready to offer 20K for 15% of share. Or there is no one willing to lend 20K as they don't believe it will make money ... and the owner is desperate, you may even get 50%."}
{"_id": "498702", "title": "", "text": "China, the worlds leader of carbon emissions, is now going to be the leader of renewable energy?  In the Paris accord China wouldn't have to cut their emissions in the near future. China wouldn't have to dish out billions of dollars to other poorer countries, like the U.S. would have to.  Can someone please explain how making a better deal is a bad idea?"}
{"_id": "498714", "title": "", "text": "After a certain point it's just monkey see, monkey do.   Right. If I have a high volume account and I request that no packages be left in the walkway and every delivery is left with a person I can guarantee they'll do their best to oblige by that before they lose the account. That's all I'm saying."}
{"_id": "498719", "title": "", "text": "\"I would keep some money in the U.S. and some money in India. That way, in case \"\"something bad\"\" happens in one country, you will still have money in the other.\""}
{"_id": "498723", "title": "", "text": "I suggest to just invest in index funds, these are low risk with high reward stocks that can survive even the worst of stock crashes but are still extremely profitable when the stock market is booming"}
{"_id": "498728", "title": "", "text": "Assuming you would still have a line of credit, it makes plenty of sense to pay off the loan. You're paying 16 percent for money you don't need right now. Pay it all off and you can start rebuilding your savings account. So what do you do in a future emergency? Well first off, you can use the savings you have rebuilt up to that point to fund some portion of it. The rest you can borrow again, as long as you have a line of credit somewhere. The icing on the cake though, is that once you stop carrying a balance, your credit card purchases will have grace periods again. Once that grace period kicks in, it's an effective short term free loan, and if you really wanted to, you could move money that would otherwise immediately go to purchases into savings. The difference is that you're paying in full again, and aren't charged any interest on the float. Just remember, that if you fail to pay in full by the due date, they charge retroactive interest and fees. An alternative is to find a way to consolidate your credit card bill into a collateralized loan. HELOCs for example. The rates are much cheaper than your CC bill, but require you to have some equity in the home. One thing to consider is that HELOCs are an open line of credit that can't be easily taken away. The interest is also tax deductible, unlike your credit card interest. There's also unsecured lines of credit from banks and credit unions, and if you have the credit score the can be cheaper than credit cards. I think I've shown here that there's plenty of alternatives to carrying credit card debt for the unexpected in life. Pay it off!"}
{"_id": "498751", "title": "", "text": "\"Sign up with credit karma.  It will give you two scores for free and will show you credit cards you have a good chance in being approved for.  Plus it will evaluate your score showing you the 6 items that effect your score and give you steps to improve them or tell you how long you have to wait until they roll off. Plus I would look at a credit union and see if they have any \"\"fresh start\"\" programs.  You should be well on your way.   the thing that is probably hurting your credit is your utilization.  If you can just use 10% of your available credit.\""}
{"_id": "498752", "title": "", "text": "After a company goes public, if it wants to raise more money, then it does this by secondary public offering or rights issue. In subscription rights issue gives the right to existing share holders to buy new shares at equal proportion. So if every one buys, they maintain the same percentage of ownership. Generally the pricing is at discount to current market price. Not sure why the price is high, unless the price for this stock fell sharply recently."}
{"_id": "498754", "title": "", "text": "Yes and don't forget that the Holocaust is fake and the Jews have milked it for its all worth, every single holocaust hero/Author/story teller the Jews have presented has turned out to be fake . .and now that they have all died . .they have created a new generation to carry forward an even more exaggerated version with no link to anything resembling the truth.  The Protocols of the learned elders of Zion is also the truth as well as what is discussed in Bloody Passovers.  Israeli Jews have harvested organs from dead Palestinians and Jewish Rabbis have been caught on a number of occasions selling them on the black market in America.  The Jews hate to be called Jews and are ashamed, so much so that they had to make up the term Anti-Semitic, because nobody would give a shit if you said Anti-Jew.  Nobody has to do anything, no matter how hard you try, you cannot escape your greed and by your nature as a parasite are bound to keep sucking on the carcass of your host nations until long after its awake and looking at you.  Like right Now"}
{"_id": "498772", "title": "", "text": "Rapid Injection Molding is producing better molds better suited to run low volume production. The manufacturing process is based on the process of injecting material into a mold. It can be performed with a host of materials like metals, glasses, elastomers, and most common thermosetting polymers. Raw materials are fed through a hopper during the thermoplastic molding process. There are two different types of molds namely single and multiple molds."}
{"_id": "498775", "title": "", "text": "If you are solvent enough, and organised enough to pay your credit card bill in full each month, then use the credit card.  There are no disadvantages and several plus points, already mentioned. Use the debit card when you would be surcharged for using the credit card, or where you can negotiate a discount for not subjecting the vendor to credit card commission."}
{"_id": "498792", "title": "", "text": "If you can manage your time for side hustling then don't quit your education because some companies will surely need these. Besides, educational background and certificate will provide you confidence at whatever you will be doing next as a matter of social status."}
{"_id": "498813", "title": "", "text": "[We already](http://www.federalreserve.gov/faqs/about_12784.htm) did this [quite well](http://sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf), and why does [Ron Paul](http://en.wikipedia.org/wiki/Federal_Reserve_Transparency_Act) keep [introducing crackpot](http://en.wikipedia.org/wiki/Federal_Reserve_Board_Abolition_Act#Sound_money) bills that die mostly because they're irrelevant? [He wrote a book supporting the gold standard](http://www.amazon.com/Case-Gold-Ron-Paul/dp/1469971801)  and added a double helping of economic idiocy with [End the Fed](http://www.amazon.com/End-Fed-Ron-Paul/dp/0446549193). Amazing he gets such a following, but I guess they are mostly economic crackpots, and he is their prophet :)"}
{"_id": "498818", "title": "", "text": "Sure, form an LLC with an attorney's advice. You need a buyout clause, operating agreement, etc. If you're not married, never buy a home for personal use with someone else."}
{"_id": "498827", "title": "", "text": "\"Take a Chilean cruise this year, and experience exploring the most beautiful, and untouched places on Earth: Patagonia, Tierra del Fuego &amp; Cape Horn. Cruceros Australis will take you on an amazing journey to the \"\"uttermost end of the earth,\"\" providing you with an unforgettable cruise on one of the industry's most comfortable ships designed to make your trip a remarkable excursion of a lifetime.\""}
{"_id": "498834", "title": "", "text": "\"I've been highly compensated for a while now, and I have never used a tax professional.  My past complications include the year that my company was bought by a VC firm and my stock options and stock held were bought out to the tune of 5x my salary.  And now I have two kids in college, with scholarships, and paying the remainder out of 529 accounts. Usually, I don't even use tax software.  My typical method is to use the online software -- like turbotax online -- and let it figure out where I am.  Then I use the \"\"Free File Fillable forms\"\" online to actually complete the process.  Search for \"\"Free File Fillable Forms\"\" -- it's not the same as using turbotax or TaxAct for free.   My suggestion to you:  download the PDF form of 1040EZ and 1040A from the IRS.  Print the EZ, and fill it out.  This will give you a better feel for what exactly is going on.  With your income, I don't think you can file the EZ, but it's a good way to get your feet wet. The way income taxes work here in the US: According to the IRS, the Personal Exemption this year is worth $4,050, and the Standard Deduction $6,300, assuming you're single.   Lets assume that your salary will be in fact 75,000, and you don't pay for any benefits, but you do make a 401k contribution of 15% of your salary.  Then your W-2 at the end of the year should tell you to put 63,750 in a particular box on your 1040 form.  (63,750 is 85% of 75,000).  Lets then assume 63,750 is your AGI after other additions and subtractions.  63,750 - 4,050 - 6,300 == 53,400. The federal Tax system is graduated, meaning there are different ranges (brackets) with different percentages.  The term tax people use for taxable income of 53,400 is \"\"marginal tax rate\"\"...so the last dollar they tax at 25%.  Other dollars less.  According to the IRS, if you're single, then on 53,400, you pay \"\"$6,897.50 plus 25% of the amount over $50,400\"\"  Or 6897.50 + 750, or 7647.50. Note this is only Federal Income Tax.  You will also be paying Social Security and Medicare payroll Tax.  And I'm guessing you'll also be paying colorado state income tax.  Each state has its own forms and methods for figuring out the taxes and stuff. By the way, when you start, you'll fill out a \"\"W-4\"\" form to \"\"help\"\" you figure out how much to withhold from every paycheck.  (I find the W-4 is not helpful at all).  Your company will withhold from your paycheck some mysterious amount, and the process of filling out your 1040A or 1040EZ or whatever will be, likely, to get the over-withheld amount back.\""}
{"_id": "498844", "title": "", "text": "I actually read that a lot of times, that isn\u2019t necessarily true. In some of these third world countries, the issue is less that the money is wasted but that there isn\u2019t enough to make the kinds of optimal investments that were thinking of.   For example, someone might understand intellectually that they need to buy a water buffalo to scale up their farm but saving up the money to do so would mean that they wouldn\u2019t be able to feed their kids for two years. They\u2019re not \u201cbad with money\u201d, they just flat out don\u2019t have enough to go beyond subsistence.   I think that\u2019s the target market for these types of programs. They won\u2019t work for everyone, people who are actually irresponsible will screw up no matter how much money and coaching you give them. But this could be a game changer for people who are good with the money they do have and just need a boost."}
{"_id": "498846", "title": "", "text": "We are the most world's largest entertaining corporate events in Escape rooms. We have fabulous entertaining activities for our clients. Our so many clients are very happy after coming here. You can make the rememberable events here with our corporate events broward county. It is a unique opportunity for  those people who want to make the special party in your budget and major events to entertainment. We are one of the finest service provider in  USA. It is the most way to spend the vacation here."}
{"_id": "498848", "title": "", "text": "There is a thing called the Sharpe Ratio. This Ratio takes return/risk with risk being defined as the standard deviation of prices over time. According to Financial theory the investment with the highest (best) Sharpe Ratio is a market portfolio. Technically accepting the lower risk of a treasury is accepting an amplified lower return(market sharpe would be 1 than tbill sharpe would be at most .9999999999999).  Because of this, unless there are liquidity restraints (don't buy ETFs with your payroll money DUH) you should ALWAYS be in market funds, otherwise you are leaving money on the table. Everything else is just speculation.  Now the real question is value or growth......."}
{"_id": "498851", "title": "", "text": "&gt;Let's be honest though; you would to if accepting reality meant that your way of life, your job, your grossly inflated salary, etc. just dried up over night.  I can't speak for everyone else, but for me personally:  Hell no.  I work for a telecommunications company and network neutrality is terrible for us.  Our management has actually asked us to volunteer to contribute to anti-neutrality PACs.  Local municipal broadband initiatives in rural areas (our territory is largely rural) are opposed strongly by my company.  And you know what?  If those local broadband collectives eat our lunch and cause the demise of my company?  I'm totally fine with it.  I'll find another job somewhere else.  I am not cheering for my own company's downfall - far from it - but if it happens due to competition, I'm not going to stand in the way."}
{"_id": "498866", "title": "", "text": "Exactly.  A minimum wage increase, or a decrease in tax burden on the lowest wage earners, or an increase in available wages for the economically disadvantaged (through government jobs) are the most reliable ways for a government to increase demand (aka: grow an economy aka: create new jobs) by putting more money in to the hands of the people who are going to spend it.  Much better than the gilding the parachutes of the super wealthy (aka: republican policy)."}
{"_id": "498881", "title": "", "text": "Paying off your mortgage early being good is a myth.  It is great for the chronic overspenders to have their mortgage paid off so when they rack up credit card bills and get behind, well they still hae a place to stay. But for those who are more logical with their money paying off your mortgage early in current conditions makes no sense.  You can get a 30 year loan well below 4%.  Discounting taxes for your average family you would have a rate floating below 3%.   So reasons that paying off your mortgage should be almost LAST (given current low long-term interest rates): The first thing you should do is take care of any high interest debt.  I would say that anything more than 7-8%, including all credit card debt should be focus #1. putting money into your retirement savings is #1.  You will earn way more than 3% over the long-run.  you can earn a higher return in the market.  Even with a very conservative portfolio you can clear 5-6%, which will still clear more than 3% after taxes. for those who say you can't be sure about the market... well if the market did bad for 30 years in a row no one will have money and the house will also be worthless. if a disaster happens to your house and you own it, your money is gone.  In many cases you would be able to declare bankruptcy and let the bank take the property as is.   there are just too many examples but if you are paying off your house early, you lose the flexible/liquid money that you now have tied up in the house. Now the reasons for paying down your mortgage are really easy too: you don't trust your spending habits you want to move up in houses and you want to make sure that you have at least 20% down on future house to skip PMI."}
{"_id": "498885", "title": "", "text": "Thank you for replying. I'm not sure I totally follow though, aren't you totally at mercy of the liquidity in the stock? I guess I'm havinga hard time visualizing the value a human can add as opposed to say vwapping it or something. I can accept that you're right, just having a difficult time picturing it"}
{"_id": "498886", "title": "", "text": "While many answers correctly cite the effect of monopoly power.... there is a cost issue that no one has yet posted.  I first recall seeing this cost effect in a managerial econ textbook, perhaps Ivan Png's.   The theater must clean up the popcorn mess.  The sales of popcorn elsewhere does not usually include the costs of disposal because that cost is not borne by the vendor.   In a theater the cost of disposal -- which is a variable cost depending on the amount and type of foodstuff sold -- is borne by the vendor, who must pay employees to clean up between shows and at the end of the night.  While most people are responsible with popcorn, there is a long tail of more and more costly messes left by the customer...  and if the theater shirks the cost of cleaning the messes then rats with long tails will bite into future customer demand for tickets. Whether this cost effect is as large as the monopoly power effect and the synergy in willingness-to-pay between entertainment and refreshments is not clear.  All of these effects may be in operation."}
{"_id": "498888", "title": "", "text": "\"Your bank has discretion to honor checks after 6 months, so you should talk to your bank about their specific policy. In general, banks won't accept \"\"large\"\" stale checks. The meaning of \"\"large\"\" varies -- $25,000 in NYC, as little as $2k in other places. Banks that service high-volume check issuers (like rebate companies) reject checks at 180 days. For business purposes, I think some banks will create accounts for specific mailings or other purposes as well. (i.e. 2011 refund account) The accounts close after a year.\""}
{"_id": "498908", "title": "", "text": "While I disagree with a strike and am against minimum wage laws, why do you or I or any of the more fortunate deserve whatever it is that we do? Surely someone in the third world could do better than us.  Just because they went on strike does not mean they are wrong. Walmart has the power  and the right to hire and fire them and they have should have the right for collective bargaining. It is  good system of check and balances, kind of how our country needs both liberals and conservatives."}
{"_id": "498922", "title": "", "text": "As a consumer and frequent buyer on Amazon, this is welcome news.  I always hate the refund hassle when buying something outside of Prime.  This might make me more willing to make these purchases now.  I think this will help the sellers, not hurt them."}
{"_id": "498927", "title": "", "text": "What would happen if you was to cash a check, didn\u2019t realize it was   to you and your finance company, take it to a local business that has   a money center, they cash the check without even having you sign let   alone having the finance companies endorsement on it . The money   cleared my account like a couple months ago and it was just brought up   now .. ? The reason why the check was made out the owner and the lender is to make sure the repairs were done on the car. The lender wants to make sure that their investment is protected.  For example: you get a six year loan on a new car. In the second year you get hit by another driver. The damage estimate is $1,000, and you decide it doesn't look that bad, so you decide to skip the repair and spend the money on paying off debts. What you don't know is that if they had done the repair they would have found hidden damage and the repair would have cost $3,000 and would have been covered by the other persons insurance.  Jump ahead 2 years, the rust from the skipped repair causes other issues. Now it will cost $5,000 to fix. The insurance won't cover it, and now a car with an outstanding loan balance of $4,000 and a value of $10,000 if the damage didn't exist needs $5,000 to fix.  The lender wants the repairs done. They would have not signed the check before seeing the proof the repairs were done to their satisfaction. But because the check was cashed without their involvement they will be looking for a detailed receipt showing that all the work was done. They may require that the repair be done at a certified repair shop with manufacturer parts.  If you don't have a detailed bill ask the repair shop for a copy of the original one."}
{"_id": "498930", "title": "", "text": "Yes. According to the IRS website, see #2: Whether a need is immediate and heavy depends on the facts and circumstances. Certain expenses are deemed to be immediate and heavy, including: (1) certain medical expenses; (2) costs relating to the purchase of a principal residence; (3) tuition and related educational fees and expenses; (4) payments necessary to prevent eviction from, or foreclosure on, a principal residence; (5) burial or funeral expenses; and (6) certain expenses for the repair of damage to the employee's principal residence. Expenses for the purchase of a boat or television would generally not qualify for a hardship distribution. A financial need may be immediate and heavy even if it was reasonably foreseeable or voluntarily incurred by the employee. (Reg. \u00a71.401(k)-1(d)(3)(iii))"}
{"_id": "498940", "title": "", "text": "I'm an idiot. Certainly not worthy of all this fancy formatting and linking you've done.   I confused the Gen X cut-off with Baby Boomers.   I implied that Gen X, as middle managers, had direct operational control over decisions that led to financial crisis. You chose to ignore that point entirely."}
{"_id": "498955", "title": "", "text": "You should really talk to a lawyer about criminal concerns. There may be some. Does USA credit score transfer to other countries? The USA doesn't do anything with credit scores. In the USA credit records are maintained by private companies who provide the information to your creditor. There's no legal limitation for the creditors to be within USA, only that you allow access. So bottom line - technically it is possible for foreign creditors to get that information. If you don't have local credit score, it is likely that they will. Will someone come after me? Depends on the loan managers. Civil suite is possible, since you cannot discharge student loans in bankruptcy. How likely is it? Probably not very likely. Could I be extradited? Only if a criminal complaint is filed and the country you're at has an extradition agreement with the US. Would I be arrested if I ever came back to visit a family member? I'm not sure on this. I believe it is possible for a lender to have your passport taken by a court, but I don't think you can be actually arrested unless there's a criminal charge. But as I said - I believe your passport may be taken away from you when you come to the US, to prevent you fleeing without paying the debt. Would someone go after my family to collect the debts? Can they do that? Unless they co-signed, or they have control over your assets - unlikely. Could the USA somehow garnish my pay in another country? Yes, if a court decides so. That would have to be a court in that country though. In addition: The US can freeze your assets abroad if you keep them in a FATCA-compliant institution (which is almost any bank, nowadays). Also, when you die, the US may (and probably will) demand a portion of your estate to pay the debt. Talk to a lawyer about additional issues and concerns."}
{"_id": "498964", "title": "", "text": "\"&gt; Yahoo's security team was often denied funding and sometimes kept in the dark at Mayer's direction  Also:  &gt;  The \"\"Paranoids\"\" \u2014 as Yahoo's security team is called \u2014 often went head-to-head with Mayer and lost, a number of security employees recently told The New York Times. This mostly came down to funding, as requests for things like intrusion detection software or security infrastructure would be rejected as too cumbersome for users, or too costly an expense that might take away from other projects.  She didn't care about security and refused to allocate budget to it despite her entire security team warning her of the risks associated with it. Her CISO eventually resigned in disgust as a result. Shortly after they had multiple security breaches due to their lack of security. She's directly responsible.  More here: http://www.businessinsider.com/marissa-mayer-secret-yahoo-security-2016-10  Edit: Also, if she wasn't directly responsible, she wouldn't have given up her annual bonus due to the security breaches.\""}
{"_id": "498967", "title": "", "text": "Hard is horrible word. It definitely wasn't easy but if you want it you do what's necessary. It had to happen. Who cares if its hard, get it fucking done. If you start thinking to yourself, oh wow this is really hard, you're halfway to giving up. If you're tag, that you're still in undergrad, is correct, and you think you're only shot is to go BACK to school, you should give up now.  It's only October...you don't look for an hour then call it quits, you get your ass out there and you [find that fucking dog!](http://www.youtube.com/watch?v=wwZBMH3VOfI)"}
{"_id": "498970", "title": "", "text": "\"No need, just look at the father of modern pharmacology: Louis Pasteur, the french scientist. https://en.wikipedia.org/wiki/Louis_Pasteur#Career  What a surprise: publicly funded research in French universities...   You know, the big problem, is that we don't have a dozen parallel universes where we can test various systems to see which one is best in terms of health outcomes. But even the data that you want to go and fetch for me is kind of absurd: the number of new drug discoveries? Who cares? It's not the number that counts, its the end results on public health, longevity... etc! For instance, you can have 10 \"\"new\"\" opioid drugs, not sure that proves anything... Capitalism is known for inventing stuff people don't really need, convincing them through mass marketing that they actually DO need it. You could achieve for instance, the same health outcomes with simple, basic prevention policies, healthy eating, less pollution... than pump complex drugs into people's bodies to compensate for other toxic stuff they inhale or eat..   Anyways, I think that quite simply, we should let capitalist firms do what they are best at: mass production via economies of scale, and let universities that are not only seeking profit do the actual research.  Also, public research CAN cope with tons of \"\"wasteful\"\" research. It happens all the time that researchers test correlations that turn out to be negative. No one throws a fuss about it! That's the way research is meant to advance.\""}
{"_id": "499008", "title": "", "text": "\"Wow, this analysis really surprised me. Very complete and useful, but i think my teacher request was easier. He just said: \"\"Try to build a diversified portfolio. Then try to add a commodity (like silver or gold) and understand how the risk vary introducing an asset like this.\"\" So, i'm basically making a stocks portfolio and i'm calculating its expected return and risk. (for example 40%FB, 10%JNJ, 20%GS, 10%F and 20%MCD) then i'm adding GLD (so now i have something like 20%FB, 10%JNJ, 10%GS, 10%F and 20%MCD 30%GLD) and i'm actually making an excel spreadsheet where i calculate all the: -Expected returns -St Deviation -Covariance  At the end i compare the returns and the risks on the 2 different portfolios.\""}
{"_id": "499013", "title": "", "text": "I would imagine (correct me if I'm wrong) that one of the benefits of gold was it was very easy to detect counterfeiting.  It had a known weight, easily identified color, and there were many easily accessible ways to verify that it was, in fact, gold.  Paper money has been a relatively recent development, monetarily, and it seems like it has matured as methods of preventing false currency have likewise matured.  EDIT: Ah, and there it is, in one of your comments further down.  Cool."}
{"_id": "499023", "title": "", "text": "You don't need every online store to give free returns to skip the trip to the mall, just start off small at the handful that do offer the service. The others will catch on or die it's their choice. Either way malls are toast."}
{"_id": "499028", "title": "", "text": "Even going to small claims court the burden would be on you to prove that they never paid you. The 13 year gap would be the core of the argument by the company that they have no obligation to keep records from 13 years ago. That is far longer than they need to keep them for tax purposes.  Even if they sent you a replacement check the next year, that happened to me once, the record of that transaction would have been 12 years ago. The bank will not cash it because of the date being 13 years ago. As we move forward with more and more of the checks being deposited via phone/scanner the banks will be even less likely to handle stale checks because the fact you have the check in your hand doesn't mean it wasn't cashed."}
{"_id": "499060", "title": "", "text": "\"Some investors worry about interest rate risk because they Additional reason is margin trading which is borrowing money to invest in capital markets. Since margin trading includes minimum margin requirements and maintenance margin to protect lender \"\"such as a broker\"\"  , a decrease in the value of bonds might trigger a threat of a margin call There are other reasons why investors care about interest rate risk  such as spread trade investors who benefit from difference in short term/ long term interest rates. Such investors borrow short term loans -which enables them to pay low interest- and lend long term loans - which enables them to gain high interest-. Any disturbance between the interest rate spread between short term and long term bonds might affect investor's profit and might even lead to losses. In summary , it all depends on you investment objective and financial condition. You should consult with your financial adviser to help plan for your financial goals.\""}
{"_id": "499090", "title": "", "text": "I agree.  I pulled my free reports (by going to ftc.gov first to get link to the truly free reports).   The Equifax data was out of date.  Didn't\u200b bother trying to correct it.    As I don't need any new credit lines, I just put a security freeze on my records at all four bureaus.  Makes my data virtually worthless to any potential identity their, and (best of all) nearly worthless to the bureaus."}
{"_id": "499098", "title": "", "text": "I'm not asking if I should carry a balance to the end of the billing period and accrue interest Typically (I say typically because there may be some fringe outlier exception product that begins accruing interest immediately), if you're not carrying a balance already you will not be charged interest for carrying a balance during the billing period.   You accrue a balance, you're issued a statement, if you pay the statement before the due date indicated you don't pay interest; even if your statement balance is less than the current actual balance on the account.  If you carry a balance through that due date you begin to accrue interest.  Not only on the balance carried but on all new charges as well.  But as long as you consistently pay your statement balance before the statement due date you will not be charged any interest. As for a reason why you may want to take advantage of this, simply to ease the administration of your finances.  You just don't need to touch the accounts that frequently to avoid interest charges.  Sure you can let your money sit in an interest bearing account and earn a couple dollars a year but really, you just don't need to focus on your CC charges this frequently."}
{"_id": "499102", "title": "", "text": "&gt;So, the solution MUST BE restrictions on the use of Robots and AI.  This makes sort of sense, but this is an extremely ideological approach. I can't find any instance in modern history where workers won the fight against a machine that was going to replace them. And we will always lose the fight because businesses will find a way to implement new technologies. Sad, but true."}
{"_id": "499112", "title": "", "text": "Wait, if everyone isn't buying things and saving money instead, who is left to get loans to buy things at higher rates? Banks don't wag the consumer's tail. Banks will make loads more money on their variable rate loans which will hurt a lot of people. Until wages rise to incentivize buying things, loan interest rates need to be low. Only way to spur the economy is to get more money in the hands of the spenders. We keep giving it to the hoarders."}
{"_id": "499125", "title": "", "text": "\"I read the linked article as gef05 did, it states that the bank must stop charging PMI. But. My understanding is different. I understood that the requirement to remove PMI at sub 80 loan to value only occurred after the natural amortization time had passed. For example, you buy a $100K home, you will be at 80% LTV the day you owe 80K. This date can be calculated at the closing as you know your numbers by then. There's nothing stopping you from asking the bank to stop charging PMI sooner, but I believe they already have an end date in mind.  Besides the appraisal request, what exactly did they give as the reason they won't cancel PMI?  Edit - I just re-read the link. The line \"\"you show that the value of the property hasn't gone down\"\" makes the bank's appraisal request reasonable, IMHO.\""}
{"_id": "499128", "title": "", "text": "You should only loan money to friends or relatives if you are fully accepting the possibility of never ever getting that money back.  And in this situation it can happen that you will be forced to give him a very large loan if something bad ever happens to him. (Paying the monthly rates instead of him and expecting he will someday pay it back to you is technically the same as loaning him money).  Something might happen in the future which will result in him not paying his monthly payments. Maybe not now, but in 5 years. Or 10. The economy might change, he might be out of a job, his personal values might change. A house mortgage is long term, and during that time a lot can happen."}
{"_id": "499154", "title": "", "text": "\"The offering price is what the company will raise by selling the shares at that price.  However, this isn't usually what the general public sees as often there will be shows to drive up demand so that there will be buyers for the stock.  That demand is what you see on the first day when the general public can start buying the stock.  If one is an employee, relative or friend of someone that is offered, \"\"Friends and Family\"\" shares they may be able to buy at the offering price. Pricing of IPO from Wikipedia states around the idea of pricing: A company planning an IPO typically appoints a lead manager, known as   a bookrunner, to help it arrive at an appropriate price at which the   shares should be issued. There are two primary ways in which the price   of an IPO can be determined. Either the company, with the help of its   lead managers, fixes a price (\"\"fixed price method\"\"), or the price can   be determined through analysis of confidential investor demand data   compiled by the bookrunner (\"\"book building\"\"). Historically, some IPOs both globally and in the United States have   been underpriced. The effect of \"\"initial underpricing\"\" an IPO is to   generate additional interest in the stock when it first becomes   publicly traded. Flipping, or quickly selling shares for a profit, can   lead to significant gains for investors who have been allocated shares   of the IPO at the offering price. However, underpricing an IPO results   in lost potential capital for the issuer. One extreme example is   theglobe.com IPO which helped fuel the IPO \"\"mania\"\" of the late 90's   internet era. Underwritten by Bear Stearns on November 13, 1998, the   IPO was priced at $9 per share. The share price quickly increased   1000% after the opening of trading, to a high of $97. Selling pressure   from institutional flipping eventually drove the stock back down, and   it closed the day at $63. Although the company did raise about $30   million from the offering it is estimated that with the level of   demand for the offering and the volume of trading that took place the   company might have left upwards of $200 million on the table. The danger of overpricing is also an important consideration. If a   stock is offered to the public at a higher price than the market will   pay, the underwriters may have trouble meeting their commitments to   sell shares. Even if they sell all of the issued shares, the stock may   fall in value on the first day of trading. If so, the stock may lose   its marketability and hence even more of its value. This could result   in losses for investors, many of whom being the most favored clients   of the underwriters. Perhaps the best known example of this is the   Facebook IPO in 2012. Underwriters, therefore, take many factors into consideration when   pricing an IPO, and attempt to reach an offering price that is low   enough to stimulate interest in the stock, but high enough to raise an   adequate amount of capital for the company. The process of determining   an optimal price usually involves the underwriters (\"\"syndicate\"\")   arranging share purchase commitments from leading institutional   investors. Some researchers (e.g. Geoffrey C., and C. Swift, 2009) believe that   the underpricing of IPOs is less a deliberate act on the part of   issuers and/or underwriters, than the result of an over-reaction on   the part of investors (Friesen & Swift, 2009). One potential method   for determining underpricing is through the use of IPO Underpricing   Algorithms. This may be useful for seeing the difference in that \"\"theglobe.com\"\" example where the offering price is $9/share yet the stock traded much higher than that initially.\""}
{"_id": "499161", "title": "", "text": "Isn't this just predatory pricing, e.g., [dumping](https://en.wikipedia.org/wiki/Dumping_(pricing_policy))? Those organic bananas haven't really come down in cost by 3%; they're merely plowing Amazon money into Whole Foods, the way they do every year to ensure that [Amazon has no profits](http://ben-evans.com/benedictevans/2014/9/4/why-amazon-has-no-profits-and-why-it-works). How is that legal?"}
{"_id": "499163", "title": "", "text": "A/C is being extensively used in most of the places, starting from homes to super markets, large corporations, organizations and so on.With increased need for comfort and for cooling, the continuously working machines, A/C s are widely used.Handymania is a leading provider of various services in the country."}
{"_id": "499166", "title": "", "text": "It's all about risk. These guidelines were all developed based on the risk characteristics of the various asset categories. Bonds are ultra-low-risk, large caps are low-risk (you don't see most big stocks like Coca-Cola going anywhere soon), foreign stocks are medium-risk (subject to additional political risk and currency risk, especially so in developing markets) and small-caps are higher risk (more to gain, but more likely to go out of business).  Moreover, the risks of different asset classes tend to balance each other out some. When stocks fall, bonds typically rise (the recent credit crunch being a notable but temporary exception) as people flock to safety or as the Fed adjusts interest rates. When stocks soar, bonds don't look as attractive, and interest rates may rise (a bummer when you already own the bonds). Is the US economy stumbling with the dollar in the dumps, while the rest of the world passes us by? Your foreign holdings will be worth more in dollar terms. If you'd like to work alternative asset classes (real estate, gold and other commodities, etc) into your mix, consider their risk characteristics, and what will make them go up and down. A good asset allocation should limit the amount of 'down' that can happen all at once; the more conservative the allocation needs to be, the less 'down' is possible (at the expense of the 'up'). .... As for what risks you are willing to take, that will depend on your position in life, and what risks you are presently are exposed to (including: your job, how stable your company is and whether it could fold or do layoffs in a recession like this one, whether you're married, whether you have kids, where you live). For instance, if you're a realtor by trade, you should probably avoid investing too much in real estate or it'll be a double-whammy if the market crashes. A good financial advisor can discuss these matters with you in detail."}
{"_id": "499180", "title": "", "text": "Credit Sesame monitors your credit score for free.  My understanding is that they make their money off of credit card referrals."}
{"_id": "499189", "title": "", "text": "In theory the integration of taxes make the tax implications of paying salary or dividends equal. This is what happens when you calculate the taxes using a generic tax calculator, however, the theory breaks down in certain cases. If you are earning less than $100k there is very little difference and paying out a salary is usually the better option. In a large stable company the most efficient option is almost always a mix of both. If you are earning more than $100k a year it depends on a number of factors: 1) Are your companies annual earnings over $500,000? In Canada, private companies that earn more than $500,000 annually are taxed at a higher rate than those earning less than $500,000. If the earnings are above $500,000 generally you should reduce the earning to under $500,000 by paying a salary. However, this depends on the province, the other income of the owners are and how much more than $500,000 your company earns. 2) Are you eligible for deductions or benefits only available on earned income? Earned income is income that you have worked for, which does not include dividends. RRSP contribution room, child care expense deductions, CPP, and many other benefits under the CRA rules are only available to people who have an earned income. It is worth taking advantage of these deductions when they are available.  3) Is your company eligible for any tax deductions? The same as with your personal tax deductions and your personal benefits of earning income, having a corporate income is also a benefit. There are a number of tax credits and tax deductions that corporations can take advantage of and when available these should be taken advantage of before paying everything out in salary. Once all these questions are answered the calculation is based on your marginal tax rate and the tax rate of the Corporation. One other reason to have at least a portion of you salary as a dividend is that if you incur capital loss in your corporation you can pass them to your personal taxes. If you were payed 100% in salary this does not work. Other strategies to be more tax efficient: Income splitting (Pay a salary/dividend to yourself, your wife, your children your parents, or anyone you support). Rolling-over property with taxable gains into your private corporation. Buying insurance policies that gives a return of premium or increase your Capital Dividend Account (CDA)."}
{"_id": "499254", "title": "", "text": "I don't disagree. However, the political landscape in the US more or less dooms that proposition right out of the gates. I really think that this country will retain its love affair with Big Stick foreign policy until people are forced to choose in stark terms between food and bombs. Of course, we'd never let that be the narrative..."}
{"_id": "499257", "title": "", "text": "I don\u2019t understand why people think its okay to write these kinds of articles that mislead the public. First of all, wage mobility in the US is always fluctuating. People move in and out of the 1% all within a lifetime. Secondly, go to Bls.gov there are statistics showing that MOST of the 1% are actually self-made first generation millionaires. Though coming from a wealthy family helps set up the child to a better future it isn\u2019t typically because of inherited money, but is because of the fact that richer parents better educate their kids in FINANCIAL LITERACY.  Just remember its easier to spend the wealth empire that your parents built than it is to actually maintain it."}
{"_id": "499263", "title": "", "text": "Thank you mister\\_impossible for voting on autotldr.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "499269", "title": "", "text": "Aside of the other (mostly valid) answers, share price is the most common method of valuating the company.  Here is a bogus example that will help you understand the general point: Now, suppose that Company A wants to borrow $20 Million from a bank... Not a chance. Company B? Not a problem. Same situation when trying to raise new funds for the market or when trying to sell the company or to acquire another"}
{"_id": "499279", "title": "", "text": "In the case you propose, a taxable windfall, your best hope is to marry someone who has his/her own loss of about the same amount. This advice would work if your gain is a 10 bagger, as you suggest, but not for a lottery. In the dot com bubble, I heard of more than one couple that got married under these conditions. As far as other gains, it would be tough to contrive a situation that would give you such a tax offset without taking on a huge risk, far greater that the $133K in tax you might save."}
{"_id": "499286", "title": "", "text": "Is the Grant Date or the Vest Date used when determining the 12-month cutoff for long-term and short-term capital gains? You don't actually acquire the stock until it's vested, so that is the date and price used to determine your cost basis and short-term/long-term gain/loss.  The grant date really has no tax bearing. If you held the stock (time between vesting and sale) for more than one year you will owe long-term CG tax, if less than one year you will owe short-term CG tax."}
{"_id": "499289", "title": "", "text": "I think its crazy seeing the comments here. did nobody thoroughly read the article? business owners have to make sure that their businesses succeed. drugs, even marijuana, are not a risk that insurance want to take. when the costs of operating a business go up, the money left to hire people goes down. if im spending 5 million in insurance to cover marijuana medical bills, instead of say, 1 million to not cover marijuana, then thats 4 million i dont have to pay workers better wages. people need to get a better balanced life view.  i understand that people want their liberties to do as they see fit, but in doing so they fail to see that other people are under no obligation to hire you if you are making choices that have the potential to hurt the business bottom line."}
{"_id": "499294", "title": "", "text": "Luck IS a large component to high paying career, the hardest working person in the world can get shafted and never get anywhere. Anyone who thinks otherwise is too stupid to do the math where available high-paying jobs =/= the number of hardworking people."}
{"_id": "499301", "title": "", "text": "This paper makes the rounds every so often and I HATE IT VERY MUCH.  No one has EVER EVER EVER estimated standard deviation by taking an average of abs deviations, because that would be stupid, further, realized vol is a very different beast than implied vol. AND FURTHER, the models are fitted to the data, rather than fighting the tape and fitting the data to the models.   Most people working with these instruments are trying to figure out the prices of unknown derivatives based on known derivatives - the models just help interpret findings and estimate what's necessary to hedge a position."}
{"_id": "499323", "title": "", "text": "Years before retirement isn't related at all to the Pretax IRA/Roth IRA decision, except insomuch as income typically trends up over time for most people.  If tax rates were constant (both at income levels and over time!), Roth and Pretax would be identical.  Say you designate 100k for contribution, 20% tax rate.  80k contributed in Roth vs. 100k contributed in Pretax, then 20% tax rate on withdrawal, ends up with the same amount in your bank account after withdrawal - you're just moving the 20% tax grab from one time to another.   If you choose Roth, it's either because you like some of the flexibility (like taking out contributions after 5 years), or because you are currently paying a lower marginal rate than you expect you will be in the future - either because you aren't making all that much this year, or because you are expecting rates to rise due to political changes in our society.  Best is likely a diversified approach - some of your money pretax, some posttax.  At least some should be in a pretax IRA, because you get some tax-free money each year thanks to the personal exemption.  If you're working off of 100% post-tax, you are paying more tax than you ought unless you're getting enough Social Security to cover the whole 0% bucket (and probably the 10% bucket, also). So for example, you're thinking you want 70k a year.  Assuming single and ignoring social security (as it's a very complicated issue - Joe Taxpayer has a nice blog article regarding it that he links to in his answer), you get $10k or so tax-free, then another $9k or so at 10% - almost certainly lower than what you pay now.  So you could aim to get $19k out of your pre-tax IRA, then, and 51k out of your post-tax IRA, meaning you only pay $900 in taxes on your income.  Of course, if you're in the 25% bucket now, you may want to use more pretax, since you could then take that out - all the way to around $50k (standard exemption + $40k or so point where 25% hits).  But on the other hand, Social Security would probably change that equation back to using primarily Roth if you're getting a decent Social Security check."}
{"_id": "499331", "title": "", "text": "This essentially depends on how you prefer to measure your performance. I will just give a few simple examples to start. Let me know if you're looking for something more. If you just want to achieve maximum $ return, then you should always use maximum margin, so long as your expected return (%) is higher than your cost to borrow. For example, suppose you can use margin to double your investment, and the cost to borrow is 7%. If you're investing in some security that expects to return 10%, then your annual return on an account opened with $100 is: (2 * $100 * 10% - $100 * 7%) / $100 = 13% So, you see the expected return, amount of leverage, and cost to borrow will all factor in to your return. Suppose you want to also account for the additional risk you're incurring. Then you could use the Sharpe Ratio. For example, suppose the same security has volatility of 20%, and the risk free rate is 5%. Then the Sharpe Ratio without leverage is: (10% - 5%) / 20% = 0.25 The Sharpe Ratio using maximum margin is then: (13% - 5%) / (2 * 20%) = 0.2, where the 13% comes from the above formula. So on a risk-adjusted basis, it's better not to utilize margin in this particular example."}
{"_id": "499333", "title": "", "text": "I decided to try this in order to get a feel of it. As far as the interest rates are concerned, it works. You can set it up and forget about holding time as long as the rates and positions stay within a range. The problem is that currency volatility turns the interest paid for shorting USD/JPY into noise at best. And if you look to past performance over a year... Let's just say there is a reason they pay you to hold NZD. So, unless you think buying NZD/USD is a good idea to begin with, you should put your money elsewhere."}
{"_id": "499335", "title": "", "text": "\"Your auto insurance should cover you driving any car, as well as anyone driving your car (on a temporary basis). In an accident, I suspect her insurance would be the primary insurer. Since she has her own car and insurance and only temporarily drives yours, I wouldn't include her as a \"\"driver\"\".\""}
{"_id": "499336", "title": "", "text": "\"As others have already pointed out, there is no monetary sensible reason to borrow at 5% cost to invest at 1% return. However, just because it doesn't make perfect sense financially doesn't mean it can't make sense for peace of mind. And you should not dismiss the peace of mind argument out of hand. Ignoring tax effects, credit score effects, cost of higher levels of insurance required, etc., and assuming a five year repayment plan, borrowing $15,000 at 5% will cost you about $283/month for a total cost of $16,980. 1% interest on the same $15,000 would give you about $12/month. In other words, your \"\"loan premium\"\" is $21/month (interest expense about $33/month on the car loan, reduced by interest earned $12/month on the retained savings) plus the capital repayment amount. If you were to take the money out of savings you would probably want to replenish that over a similar time period (ignoring interest, saving $15,000 in five years means $250/month), so this boils down to the $21/month interest premium. Now consider that the times when an emergency fund is most often needed are very often the times when banks will be reluctant to extend a loan (a job loss being a common example). While foreclosing on an existing loan can still happen, as long as you keep making payments, I suspect that most banks are far more willing to overlook the fact that you would not have qualified for the loan after the job loss. If a loss of income situation develops after you pay the car with your savings without a loan, you start out with $15,000 in the bank plus whatever \"\"car payments to yourself\"\" you have been able to save afterwards. Depending on when things turn bad for you, this could mean that you having only half of the savings that you used to, but of course you also have no car payment expense (which is the same as you do now). If a loss of income situation develops while you are still paying off the car, you start out with $30,000 in the bank instead of $15,000, but run the risk of having to make the car payments with money out of your savings. The net result of that is that your savings are potentially effectively reduced by whatever the remaining debt outstanding on the car is, which in turn is reduced over time. Even if you were not to actively save, your net financial situation becomes better over time. If a loss of income situation develops after you have paid off the car, you now own the car free and clear and still have $30,000 in the bank. Assuming that you would repay yourself on a schedule similar to that of a car loan if you took the $15,000 out of the bank instead, this is a very similar situation. Consequently, the important consideration becomes: Is it worth it to you to pay $21/month extra to have an extra $15,000 on hand if something happens to your financial situation? I have been in pretty much exactly the same situation, albeit with smaller amounts, and determined that having the cash on hand was worth the small additional interest expense, not the least of which because I was able to secure a loan at a pretty good interest rate and with no early repayment penalties. You may reach a different conclusion, and that's okay. But do consider it.\""}
{"_id": "499341", "title": "", "text": "\"So far, everyone seems to be missing the point of the article, which concludes that higher taxes on the rich will not reduce job creation and, very importantly, economic policy should focus on creating a \"\"healthy economic ecosystem.\"\" Without this, entrepreneurs have no customers.\""}
{"_id": "499344", "title": "", "text": "\"The correlation I heard most about in economics/finance was that stock prices and bond yields were negatively correlated; as the stock market does better, bond yields fall (company's doing well as evidenced by stocks, so it's a good credit risk, so YTM of its bonds on the market goes down). The correlation, if any, between the stock and futures market should be visible in the actual price histories. Index prices may be useful, but what's more likely is that various future prices have correlation with various companies' stocks. Where the future reflects the price of a raw material that is a significant cost of goods sold for a company, you'll see these two move inversely to each other in the short term. I think that if there is a causative relationship here, its that futures prices influence stock prices, not the other way around. The futures market generally represents the cost side of a consumer goods producer's bottom line. The stock market represents its profits. As futures go up, profit expectations go down, putting pressure on stock prices. Industries that deal in services, or in other types of goods, can still be affected because a rise in the cost of something consumers need will cause them to spend less on other things which affects margins in those other areas. So, in the short and medium term, when the futures market goes up the stock market sees a dip, and vice versa.  However, companies adapt; they can put upward pressure on prices for their goods to restore their desired margins, usually by slowly increasing them to prevent sticker shock (though elasticity of demand plays a part; the more we need something no matter what it costs, the faster prices can increase). To maintain costs, they can make things cheaper using less expensive materials (more plastic, less steel). They can restructure production processes (translated: move factories offshore, or at least to \"\"right-to-work\"\" states with less union strength) to save costs elsewhere. All of these reduce costs and thus increase profits, but take time to implement. Many of these things reduce direct costs, reducing demand for the commodity and causing the futures prices to go back down. So, over the long term, these differences even out, and it's down to the things that affect the entire market (inflation, consumer/investor confidence, monetary policy).\""}
{"_id": "499348", "title": "", "text": "For your base question, yes.  (Barring some major collapse-of-civilization event, but in that case you're screwed anyway :-))  On the individual points: 1) Depends on whether you choose to invest in index-type funds (where profit is mainly expected from price appreciation), or more value-based investing.  But either or a mix of the two (my own choice) should show returns above inflation, over the long term. 2) Yes, in the US anyway.  You can invest a few hundred dollars at a time, and (with good companies like Vanguard & T. Rowe Price) there are no transaction fees, either for investing or for redeeming.   3) Long-term, it's crash-proof IF you have the self-discipline not to panic-sell at market lows.  In my case, my total fund valuation dropped around 40% in '08.  I didn't sell anything (and in fact tried to cut spending and invest more), and now I have nearly double what I had before the crash. Bottom line is that it has worked for me.  After ~30 years of investing this way without being fanatic about it, I have enough that I could live moderately without working for the rest of my life.  Not - and this is where I part company with MMM and most of the FIRE community - that I'd ever want to actually retire.  But my modest financial independence gives me the freedom to work at things I like, rather than because I'm worrying about paying bills."}
{"_id": "499354", "title": "", "text": "I concur with the answers above - the difference is about the risk. But in this particular case I find the interest level implausible. 11% interest on deposits in USD seems very speculative and unsustainable. You can't guarantee such return on investment unless you engage in drug trade or some other illegal activity. Or it is a Ponzi scheme. So I would suspect that the bank is having liquidity problems. Which bank is it, by the way? We had a similar case in Bulgaria with one bank offering abnormal interest on deposits in EUR and USD. It went bust - the small depositors were rescued by the local version of FDIC but the large ones were destroyed."}
{"_id": "499377", "title": "", "text": "That seems a little high in my experience.  I've used a home equity line of credit instead, as the rates are much lower (~3.5%)."}
{"_id": "499379", "title": "", "text": "Hi, I have all these free models and investment strategies that I really want to give you as a friend. Let me take the time to write up all the info for you. Once I send you the files we can officially be friends and then you can come hang out and play sega with me."}
{"_id": "499392", "title": "", "text": "Got some questions related to banks and cash, specifically required reserve ratio and capital requirements.  The way i understand it is, a bank is required to hold a percentage of money it has loaned to other people (required reserve ratio).  Example: If the rrr is 10%; i give the bank 100k, because it is only required to hold 10% (10k) it loans 90k to my neighbour, neighbour buys a car from the dealership, the dealership banks the 90k.  now the bank can loan 81k of the dealerships 90k. The bank loans to businessman who buys land worth 81k, land owner banks the 81k.  So the bank received 100k from me to hold and protect, loaned 90k to bob,recieved 90k from dealership,loaned 81k to businessman, recieved 81k from land owner.  100k+90k+81k = 271k bank over time will receive another 90k from bob, and 81k from business man + interest. This all assumes there is 1 bank, and all these people put there money in the bank not keeping cash.  In my native country we have no required reserve ratio, we have a capital requirement. On our central bank website it states a total capital ratio of 8%.  A capital ratio is equity + (profit-money given to shareholders) / risk weighted assets.  Question, how do you determine equity, profit, and risk weighted assets for a bank?  is equity the cash the bank has, profit the money from fees+interest, and risk weighted assets how much money the bank has in loans?"}
{"_id": "499398", "title": "", "text": "\"Do you work in this field or something? You sound like a very passionate apologist.   &gt;why shouldn't traders be able to decide (as a group) what the companies are worth?  Because often they purposefully distort value so they can either a) buy low and profit or b) sell high and profit. Why are you so anti-government? I'd rather have people I elected and who are accountable to me determining things instead of private and highly selfish interests who represent only themselves.   &gt; do you really think that intraday (or even intraweek) prices are really representative of what \"\"the market\"\" thinks a company is valued at?  If not, why bother with the charade in the first place? What is the point of wild price fluctuations even throughout a single day, if they, as you admit, do not represent value? The whole concept of short term profiting off of these pointless (and often engineered) market movements is silly, and adds nothing to society whatsoever (the original point of the stock market). Further, that money needs to come from somewhere, and that typically is long term investors who want a pension at some point and don't feel like trading at microsecond timeframes because they do something useful instead. Its disgusting.  &gt;compared to the effect of long term buy and holders changing their mind about a company, the effect of any HFT people on the valuation of a stock is practically nothing - like I said, there's just about no evidence of speculators causing significant mispricing over any significant period.  So you're saying just because the aggregate effect is small(ish), no one should worry about it? That is the absolute stupidest thing I have ever heard! If I steel a car every other week, who cares right? Millions of cars are made every year, the effect of me stealing 20 or 30 wont change car markets in any noticeable way...   Further, speculation in commodities (mainly food) has indeed caused enormous mispricing and incaculabe human suffering in the developing world.\""}
{"_id": "499407", "title": "", "text": "If you were NRI during the period you earned the income, its tax free in India and you can bring it back anytime within 7 years. There is a limit on total amount but its quite huge. If you were not an NRI during that period [when you earned in US] then whatever you have earned is taxable even in India, it does not matter whether you keep the funds in US or bring it back to India. You get the benefit of Double Tax and can deduct the tax already paid."}
{"_id": "499410", "title": "", "text": "\"We spent a few months on Gail's \"\"jar system\"\".  It does a really good job of removing impulse buying. The other thing I've found works is to find a way to occupy your time with an inexpensive pastime.  In my case programming, building something out of materials I already have in the garage, reading, and even cleaning, etc., are all low cost ways of passing the time without spending a lot of money.  If you think about it, shopping is just a form of procrastination.\""}
{"_id": "499413", "title": "", "text": "I wish Walmart would drop third party sellers all together. It's a pain when I need an oddball object so it pops up in Google Shopping like 'Oh, Walmart only has this for $4.99', but it turns out to be 3rd party from Jim Bob's Widget Barn and shipping is $17.99."}
{"_id": "499418", "title": "", "text": "\"&gt; Basically, the whole idea of passive/mindless (\"\"set it and forget it\"\") gains from investments being the path to \"\"wealth\"\" has to go bye-bye -- it was never really \"\"real\"\" to begin with (unless you \"\"timed\"\" the market just right), and the vast majority of the gains were nominal anyway.  Couldn't have said it much better.  &gt; a lucky generation or two got away with it (sheerly by accident in the timing of their birth, something they really had no input into).  While I agree a majority was luck to be born at the right time, Boomers are to blame (IMHO) for the loss of \"\"guaranteed retirement.\"\" Pensions were one of the greatest things that came out of the industrialization and unionization of the late 19th-mid 20th century and Boomers allowed government to change regulations that permitted corporations to raid pension funds, monkey around with them, and then cry about them being burdensome after they hollowed them out.  The vast majority of people are not smart enough to save sufficiently for their future and pensions were the safeguard for that. Boomers let that go for higher immediate take home and, now, will be reliant on SSI and meager savings.  &gt; Instead I think one will ALWAYS need to be \"\"working\"\" in some manner or another -- actively overseeing ones investments and remaining \"\"agile\"\" in response. And of course there is risk involved in that (as if there is really any reason we should expect there NOT to be? Anyone who thinks that way IMO is simply ignorant of the vast scope of human history).  For those of us here, that is feasible. However, most people will not have the interest or ability to manage their own investments. Where does this requirement leave them? Still working and, in doing so, keeping those jobs from opening up for new graduates/new people entering the workforce.  &gt; The best I think one can do is to TRULY diversify (and that does NOT mean \"\"mutual funds\"\") -- to separate your eggs into various \"\"baskets\"\", holding some major part in solid (as solid as can be) form (even with the possibility of zero return and/or some \"\"loss\"\" -- i.e. owning primary housing clear of debt, some PM's in physical form, etc); having other assets in what are fairly solid \"\"bets\"\" (based on demographic trends, company quality, etc); and then some things (several small bets) that are \"\"long shots\"\" but potentially high-return things (where just one \"\"win\"\" can not only offset a dozen non-performers/losers, but gain you a substantial real profit).  I could not agree more. I have done the same thing and used the same argument; even to the point of purchasing a whole life insurance policy. Diversification, in case one or multiple investments tank, is the only way to survive.  I have also decided that, for some of my assets, I am just a DCA/DRIP buy and hold guy of 10-20 diversified stocks from different industries. Leave it up to time and compounding over my own ability to time/pick.  Anyway, I guess that's the whole answer; there is no right answer. Diversification and continued diligence are key.  Good discussing with you. Best of luck.\""}
{"_id": "499436", "title": "", "text": "\"If you invest in a foreign bank you are subject to their financial rules and regulations. If you put your money with their CD it will be converted to UAH (grivna) and you will be paid back in UAH, which introduces the exchange rate risk.  FDIC is not the only reason why a CD in a US bank pays a lower interest, but it could be seen as a contributing factor.  It all comes down to risk and what the bank is willing to pay for your money, when a bank issues a CD they are entering the debt market and competing against other banks, governments, or anyone looking for money. If the yield from lending to one bank is the same as the yield of another, the logical choice would be whichever loan is less risky. So in order for the riskier bank to receive loans they must entice investors by offering a greater rate of return. In addition, if a bank isn't looking for loans they might be less inclined to pay for them. - See \"\"What is the \u201cBernanke Twist\u201d and \u201cOperation Twist\u201d? What exactly does it do?\"\" If your looking to invest in the CD's of foreign banks I would suggest doing research on their regulations. Especially if and how your money is protected in the event the bank goes bust.\""}
{"_id": "499451", "title": "", "text": "Try having money automatically deducted from your paycheck and put into a retirement account or savings account.  As long as you don't have a problem with spending more than you have, the easiest way to stop spending money is to have it automatically put somewhere that you can't (or are unlikely to) touch it."}
{"_id": "499454", "title": "", "text": "It depends on whether or not you are referring to realized or unrealized gains.  If the asset appreciation is realized, meaning you've sold the asset and actually collected liquidity from it, then Derek_6424246 has provided a good route to follow.   However, if the gains are unrealized, meaning only that the current value of the underlying asset(s) have increased or decreased, then you might want to record this under an Income:Unrealized Gains account.  One of the main distinctions between the two are whether or not you have a taxable event (realized) or just want to better track your net worth at a given time (unrealized).   For example, I generally track my retirement accounts increase in value sans interest, dividends and contributions, as income from an Income:Unrealized Gains account.  I can still reconcile it with my statements, and it shows an accurate picture for my net worth, but the money is not liquid nor taxed and is more for informational purposes than anything.   And no, I don't create an additional Expense account here to track losses.  Just think of Unrealized Gains as an income account where the balance will fluctuate up and down (and potentially even go negative) over time."}
{"_id": "499470", "title": "", "text": "Why would you consider Amazon to have an anti-trust issue? Think about monopolies of the past - you didn't go to them because you wanted to, you went to them because you had no other choice....  With Amazon, you can you Google's cloud services or Walmart's ecommerce site, but you don't... Why not? Because Amazon does it the best. You, the consumer, still have a choice."}
{"_id": "499476", "title": "", "text": "Seriously?  Now you are going to claim that you are easy going about this whole exchange?  After your page-long diatribes and personal messages?  Sorry, anusface, I'm not buying it and neither is anyone else.  My angle is simple.  I'm sick of douchebags like you ruining the reddit community for the rest of us."}
{"_id": "499483", "title": "", "text": "I too was very confused when I tried to be tricky and paid down my balance BEFORE the bill date. I thought this would be a great thing because it would show my utilization near zero percent. The opposite happen, it dropped my credit score from 762 to 708. Here is the best example I can come up with when it comes to utilization. Lets pretend you are an insurance company and you trying to figure out who are the best risk drivers. The people that drive 10% of the day are a better risk than the people that drive 50% of the day. The people that drive 50% of the day are a better risk than the people that drive 90% of the day. Here is the rub when people drive 0%. When you look at the people at 0% they appear to be walking, busing or flying. What they are NOT doing is driving. Since they are not driving (using Credit) they are viewed as POOR drivers since they are not keeping up on their driving skills. (Paying bills, watching how they spend, and managing their debt). So, now before the billing date I pay down my balance to something between 5 to 10% of my utilization. After the bill is issued, I pay it off in FULL. ( I am not going to PAY these crazy interest rates). What shows up on my credit report is a person that is driving his credit between 5 and 10% utilization. It shows I know I how to manage my revolving accounts. I know it's dumb, you would think they reward people that have zero debt, I don't hate banks I hate the game. ( I do love me some reward points =))"}
{"_id": "499502", "title": "", "text": "\"It's likely you don't have to make estimated tax payments if this is your first year of contracting (extra income), and your existing salary is already having taxes withheld. If you look at the 1040-ES: General Rule In most cases, you must pay estimated tax for 2014 if both  of the   following apply. This is easier to understand if you look at the worksheet.  Look at line 14b/14c and the associated instructions.  14b is your required annual payment based on last year's tax.  14c is the lesser of that number and 14a, so 14b is your \"\"worst case\"\".  14c is the amount of tax you need to prepay (withholding counts as prepayment). I'm going to apply this to your situation based on my understanding, because it's not easy to parse:\""}
{"_id": "499509", "title": "", "text": "\"Be familiar with and able to verbally run through how to do a discounted cash flow analysis. Additionally be up to date with current financial market(s) trends, both domestically and globally. Know where the U.S bond yields are trading, and where they are going, interest rates too. Apart from that big picture stuff I wouldn't stress too much about technicals because he/she may not even ask about them at all if its more of a \"\"fit\"\" interview.\""}
{"_id": "499532", "title": "", "text": "We help our clients to define and implement winning strategies, putting at their disposal multidisciplinary teams and able to advise them in each one of the phases of their projects with coherent services of go public consultant throughout the process from the conception of the strategy to its follow up in the operations , Structures and business models. Our experience, combined with our extensive global network, allows us to offer you the support you need, where you need it and whatever the size of your organization. In this way, we work with you to develop the practical strategies you need."}
{"_id": "499536", "title": "", "text": "It depends on your cost structure and knowledge of the exchanges. It could be optimal to make a manual exchange selection so long as it's cheaper to do so. For brokers with trade fees, this is a lost cause because the cost of the trade is already so high that auto routing will be no cheaper than manual routing. For brokers who charge extra to manually route, this could be a good policy if the exchange chosen has very high rebates.  This does not apply to equities because they are so cheap, but there are still a few expensive option exchanges. This all presumes that one's broker shares exchange rebates which nearly all do not. If one has direct access to the exchanges, they are presumably doing this already. To do this effectively, one needs: For anyone trading with brokers without shared rebates or who does not have knowledge of the exchange prices and their liquidities, it's best to auto route."}
{"_id": "499548", "title": "", "text": "Why would you even accept 75K in cash? If anything is going to trigger an audit, this will be it. 75K in cash deposited will look like money laundring, so you better have a paper trail ready to prove this is legal or this won't end well."}
{"_id": "499552", "title": "", "text": "you can begin drawing retirement income from 401k, ira and roth accounts at any age.  the key is that it must be retirement income. you can't blow it all on an epic party, but you can withdraw a modest amount every year while preserving enough capital to last the rest of your life.  there are 3 common strategies for doing this: side notes: techinical details: roth conversion ladder: substantially equal periodic payment plans:"}
{"_id": "499555", "title": "", "text": "It means many people will be forced out of the cities into rural areas or in many cases, people who cannot drive (many urban residents) they may have to accept not being able to get around, being dependent, losing pensions because they could not remain living near work, etc.  Its not known what happens to many people, especially older people because social workers lose track of them, since they don't have addresses and are no longer on the voting rolls. A fairly large number of older people who lose affordable housing seem to perhaps die."}
{"_id": "499566", "title": "", "text": "Idealy, they would be respectful to everyone.   You can disagree with someone and still be respectful. Hopefully,  they don't have a professor like that, although of course they do exist. When you were talking about wellbeing i thought you were talking more about safety.  Ultimately though learning how to stand up for your self is an important skill which is way more valuable than an easy A anyway. Worse case scenario they have to retake a class."}
{"_id": "499569", "title": "", "text": "It's the Uber drivers who will suffer the most from this ban. To work as a driver at Uber, drivers buy cars and they get invested. Most of the drivers finance their cars and this ban prevents them from working and getting cashflows to keep up with their car payments/bills. Uber Technologies itself can survive this ban because it functions in many parts of the world with massive cash reserves it has which are backed by strong Venture funds such as Benchmark. I feel bad for the drivers, not the Uber company"}
{"_id": "499575", "title": "", "text": "While I agree with your sentiment that trades will be more useful than a university degree now and in the near future (at least in Canada). It worries me that the social mobility for this generation will lean to blue collar jobs.   After a generation this will build a social hierarchy of blue collar labour workers and company/owners. The university degree holders will be weaned out to the sidelines, intellectualism is being sidelined. If this keeps up we're going back to feudalism."}
{"_id": "499604", "title": "", "text": "\"One easy way to monitor costs in QuickBooks is to establish sub-bank accounts.   For example, you may have an asset account called \"\"State Bank\"\" numbered 11100 (asset, cash and cash equivalents, bank). Convert this to a parent account for a middle school by making subaccounts such as At budget formation, transfer $800 from Operations 11110 to Family Fun Committee 11130.  Then write all checks for Family Fun from the Family Fun 11130 subaccount.   For fundraising, transfer $0 at budget formation to the X Grade accounts.  Do deposit all grade-level receipts into the appropriate grade-level subaccounts and write all checks for the grades from the grade-level subaccounts.   The downside to the above is that reconciling the check book each month is slightly more complicated because you will be reconciling one monthly paper bank statement to multiple virtual subaccounts. Also, you must remember to never write a check from the parent \"\"State Bank\"\" 11100, and instead write the checks from the appropriate subaccounts.\""}
{"_id": "499606", "title": "", "text": "To answer your question: As far as what's available in addition to your 401(k) at work (most financial types will say to contribute up to the match first), you may qualify for a Roth IRA (qualification is based on income), if not, then you may have to go with a Traditional IRA.  You and your husband can each have one and contribute up to the limit each year.  After that, you could get just a straight up mutual fund, and/or contribute up to limit on your 401(k). My two cents: This may sound counter-intuitive (and I'm sure some folks will disagree), but instead of contributing to your 401(k) now, take whatever that amount is, and use it to pay extra on the car loan.  Also take the extra being paid on the mortgage and pay it on the car loan too.  Once the car loan is paid off, then set aside 15% of your gross income and use that amount to start your retirement investing.   Any additional money beyond this can then go into the mortgage.  Once it's paid off, then you can take the extra you were paying, plus the mortgage and invest that amount into mutual funds. You may want to check out Chris Hogan's Retire Inspired book or podcast as well."}
{"_id": "499635", "title": "", "text": "An answer to this question  Can I get a rebate after using my HSA? discusses how to redeposit money accidentally withdrawn. The link to https://www.americafirst.com/about/help/faq/health-savings.cfm in the answer also includes this FAQ: What if I contribute into my HSA more than my yearly limit allows? If nothing is done about this excess contribution then there will be   an excise tax of 6 percent assessed by the IRS. You are able to avoid   this penalty as long as you distribute the excess before the tax   filing deadline including any extensions. Any of our many America   First branches can help you fill out the appropriate paperwork to get   this taken care of so you avoid this tax. contact the institution where the funds are deposited and ask for help reversing the deposit."}
{"_id": "499640", "title": "", "text": "Local handymen aren\u2019t hard to find.  Finding the qualified ones might be a bit more difficult.  Of course, anyone who has experience puttering around the house, and is good at it, can call himself a handyman and there\u2019s nothing wrong with that."}
{"_id": "499663", "title": "", "text": "Haha, I meant fair enough to his point, which to be clear I don't believe he is achieving.  The article is still poorly argued, I agree with you.  I'm not convinced I'm going to win any arguments about that, though, and kicking the wildly irrational BTC hornets nest on reddit is something I've grown tired of."}
{"_id": "499704", "title": "", "text": "\"I think the author is misinterpreting Chamaths words by calling it a monopoly hiding in plain sight.   Its hard for me to rationalize the monopoly claim when Amazon has the following companies as direct competitors in each of their verticals:  E commerce: Walmart, Alibaba   Cloud: Microsoft, Google  Consumer Tech: Apple  Content: Netflix   Groceries: Walmart, Safeway, et al.   If Amazon has a monopoly under those circumstances, then there are a shitload of \"\"monopolies\"\" that are way worse  There is a difference between dominating your competition and having a monopoly.    Edit: a word\""}
{"_id": "499710", "title": "", "text": "\"seems like a dumb idea to me. Will these people know what to do with $1000? Will they know best how to invest it or will it be squandered on booze, or just plain living expenses? It might be better spent giving it to them with a string such as \"\"buy a cow or chickens that can produce\"\" or seed for a patch of land. I expect some will fall in each of the three catagories. Question now is what will be the distribution?\""}
{"_id": "499715", "title": "", "text": "Yes, why suffer any consequences when future people can be made to suffer them? That's what the thinking boils down to. It's the main factor driving the high rents &amp; house prices now, including indirectly via artificial job creation."}
{"_id": "499735", "title": "", "text": "\"Wow... where to start...  Your ad hominem attack was when you shifted away from the discussion and started questioning me on whether or not I had been around low-skilled workers and even going as far as to give a judgment on if was around average people. The definition is \"\"(of an argument or reaction) directed against a person rather than the position they are maintaining.\"\" You went away from the topic, and instead directed your argument at me, which has nothing to do with my position on minimum wage. You seek to discredit me as to say my views are invalid because, in your opinion, I haven't had enough experience with low skill workers. It doesn't matter if I have or hadn't, one's experience or lack thereof with low skilled workers doesn't make their position any more wrong or right. This is a textbook example of ad hominem.  Your straw man was when you shifted the position to suggest things I didn't say in order to argue against them. The definition is \"\"an intentionally misrepresented proposition that is set up because it is easier to defeat than an opponent's real argument.\"\" You say I assumed things I never even mentioned, such as your claim that I would say rich people didn't earn their success and that poor people were not at fault for their low achievement. Once again, no where did I suggest this and this suggestion by you strayed away from my argument on paying people a live-able wage. Basically one could say this was brought up by you to argue about something you felt would be easier to defeat.  There were clear reasons I threw those fallacies out. You condescendingly tell me I don't know what I'm talking about, yet you don't even get it right and overlook everything that was stated... smh  Your whole response keeps proving my point. Once again, you are so focused on whether I've had experience working with or managing people (nice goal post moving btw), as if that makes your position more qualified (ad hominem again), when the reality is I can have a rational thought about something by reading up on logical and rational positions on this and seeing what the statistics and research say. Oh by the way, I have had multiple economics classes in college, did you? I read up and studied this stuff and aced my tests and papers on it. So now what? Does my collegiate-backed economics understanding now outweigh the fact you just simply hired some low skilled workers?  There are many topics out there you and I have no experience with but we can have a well thought out position on them because we talk to experts and read up on the research. Let me restate this again, just because you have more experience with low skill labor does not make you any more qualified over me to have a smart, logical, and rational understanding of the effects of raising the minimum wage. The same with the fact that just because I probably have had more collegiate studies on economics than you, it doesn't mean my position is any more right than yours or someone else's.  &gt;You read a study that is incredibly biased and take it to the grave.  This gave me a laugh because it's the equivalent of \"\"your arguments don't agree with mine so clearly your's is the biased one.\"\" Dude, we all are biased and stand for things. You are just as biased as me. I don't have to give equal time to every position out there as if both are equal. It's often a false equivalence to do so anyways. For example the idea that \"\"we should not raise minimum wage more because poor people are lazy and undeserving\"\" does not deserve the same consideration as \"\"inflation has caused the purchasing power of workers on the minimum wage to decrease to levels where they cannot afford to live and thus now must seek out tax-payer backed public assistance programs in order to make ends meet, so a solution would be to raise the minimum wage.\"\"  Last, your argument against raising the minimum wage comes down to \"\"I don't think they deserve it because some people don't work hard.\"\" And my response is, I don't give a shit. If someone works that job, no matter how low-skilled it is, they deserve to be paid at a level that is live-able. Other than that, it's their fault if they don't do a good job and get fired.  Have you ever considered why the minimum wage came about in the first place? It was to keep businesses in check because they were taking advantage of people and paying them poor wages. Wages were so low that some would argue they were technically \"\"slave wages.\"\" Yet as inflation rises and the purchasing power falls, instead of bumping those wages back up, people like you sit there and are like \"\"Nah, they are lazy and don't deserve it. Trust me. I know a guy that's lazy that works those jobs. He's dumb too and doesn't have a high school diploma.\"\" You argument one again is just attacking their character with no consideration of statistical analysis and the economic effect of a change in the minimum wage.   Now to step away from the whole argument, you and I have different values. You don't value people at low-skilled levels, as if their job is almost worthless, yet you need them for your business. Sure, you smile and say hello to the guy that brings you your burger or your coffee, but the reality is you mostly don't care about him. In your mind, if he only makes $7.25 then you have the right to assume that he doesn't work hard and is undeserving of proper pay, unless he's proven it in some way to you. Your mindset is a problem because you are okay with stereotyping people, and then you assume whatever negative traits about them that you can as your justification for it.  *I don't give a shit about how many houses have been built in Houston or how many painters your friend brought to Seattle. It's completely irrelevant to all of this.\""}
{"_id": "499750", "title": "", "text": "Not asking for any societal benefits. Just to pay for the services I need and want and not a penny more. If you can't offer a service I want I reserve the right to shop around without leaving my home. Just asking to pay the exact same price as everyone else without the special pricing for some. I already opted out of most of the services your claiming I use by leaving the cities where those things are offered. But you keep arguing to steal from me for things I don't want and that can be provided by other providers."}
{"_id": "499752", "title": "", "text": "With all due respect to The David, the $1000 is best put against 20%+ debt, no sitting in checking as part of some emergency fund.  I'd agree with the decision to pay off the lower rate card. Why? Because we can do the math, and can see the cost in doing so. Low enough that other factors come in, namely, a freed up card. That card can function as the emergency one in the short term. Long term, once these high rate cards are paid off, you'll build your proper emergency fund, but the cost is too high right now.  The $4000 is a nice start, but the most important thing is to get your budget under control. Only you can decide how much you can cut back, and go after this debt as if it were life or death."}
{"_id": "499756", "title": "", "text": "You left out the part where I said cities use it as a source of revenue, meaning there are two factors at play. The city limiting the number of medallions drives up their auction price because there's high demand and the cab companies trying to extract enough profit from the medallion to be worth it. The city decides how many medallions to release, just like in NYC they auction off permits for hot dog vendors which are ironically similarly priced. Imagine for a moment they gave vendor licenses to everyone who wanted to open a stand in central park, you wouldn't even be able to see the park.  I wouldn't really say it's fair to call it a stranglehold, more of wringing the last drop out of washcloth because you're dying of thirst.  Personally, I think the medallion model is bullshit. In that sense, I'm all for a *regulated* free market, where supply and demand find an equilibrium within the rules. In reality, you only find the medallion model in large markets which isn't really representative of the taxi industry as a whole."}
{"_id": "499762", "title": "", "text": "Looking at this very thing with my work as I am out in CA lately. It really depends on the situation as far as I have read the laws for this, the law on certain breaks and overtimes varies based on being exempt or not and then of course there are exemptions for the exemptions so its not quite an open and shut situation and a judge will need to sort it out due to the high ambiguity of the laws.   Based on my laymen's reading of the laws it appears that your lawyer could tell you that you are in compliance and another one (such as a judge) might disagree entirely."}
{"_id": "499766", "title": "", "text": "And how do hours vary as you work you way up in equity research? Is an MD looking at comparable hours during earnings season?   I've worked for the finance and IR departments of a couple telecom companies and around earnings season you guys are always putting out your reports in the middle of the night, so I sort of assumed the worst."}
{"_id": "499782", "title": "", "text": "&gt; an NSA contractor stole and downloaded onto his personal computer highly classified details about how the US penetrates foreign computer networks and defends itself against cyberattacks. (The Washington Post reported that the person was not a contractor but an employee working for the NSA's elite hacking division known as Tailored Access Operations)  Compare that against the headline."}
{"_id": "499798", "title": "", "text": "Without knowing the company it\u2019s hard to say 100%, but any regulated company in Europe or one floated on a major stock exchange will not renege on paying winnings/ban accounts for no reason. You will have either breached a term of service such as opening multiple accounts (or opening accounts while self excluded/on time out), or exhibited a behaviour that is heavily linked to fraud/other fraudulent accounts. If you are using any UK regulated site/Europe site floated in London, and you believe you are in the right and have not broken any terms and conditions, IBAS is the place to start, and to mention to the company that you are going to IBAS before you do start a case (this is often enough to turn a decision in your favour if it is a marginal case, as it is a large amount of hassle for an operator to become involved with them). If you are using an unregulated site you are out with the wolves and basically any behaviour from them is to be expected and there is very little you can do about it."}
{"_id": "499803", "title": "", "text": "I believe the government and the 1% are behaving violently, doing this that promote violence and are operating contrary to the economic interest of the American people.    **The powers that be** are doing more than enough to promote violence without any help from me.  It will be a provocation that some of the 1% will live to regret, while others will not."}
{"_id": "499811", "title": "", "text": "Shorting Stocks: Borrowing the shares to sell now. Then buying them back when the price drops.  Risk: If you are wrong the stock can go up. And if there are a lot of people shorting the stock you can get stuck in a short squeeze.  That means that so many people need to buy the stock to return the ones they borrowed that the price goes up even further and faster.  Also whoever you borrowed the stock from will often make the decision to sell for you. Put options. Risk: Put values don't always drop when the underlying price of the stock drops. This is because when the stock drops volatility goes up. And volatility can raise the value of an option. And you need to check each stock for whether or not these options are available. finviz lists whether a stock is optional & shortable or not. And for shorting you also need to find a broker that owns shares that they are willing to lend out."}
{"_id": "499827", "title": "", "text": "The other alternative: just invest it in tax-efficient investments. You will have limited tax-deferral options outside of your 401k, but don't let that limit you. You can invest in a variety of ETFs, stocks and mutual funds for growth, and tax-free investments like municipal bonds as you get older and need to draw income."}
{"_id": "499839", "title": "", "text": "Borrowing against your retirement is borrowing against your future -- you shouldn't do it expect for the most serious financial crises. The market is down, and 12% is a pretty darn good down payment. You'll hit the threshold where they waive PMI in a few years when you hit 80% LTV, or when you get the house appraised when the market heats up again. Another option is to find a lender that doesn't do PMI. A few local banks and credit unions do this... I managed to find one in my area that doesn't require PMI or escrowed tax/insurance!"}
{"_id": "499848", "title": "", "text": "In Japan, there's a competition well-lasting since 2004 or so where you can run your own software agent in a virtual market. Market data is updated from the real world everyday. And if your agent proves good, the organizer puts it into the real market. The language is unfortunately limited to Java only to my knowledge. OS is not limited since your agent is supposed to run on the organizer's environment. English might not be well supported on their web site..."}
{"_id": "499849", "title": "", "text": "\"They're taking advantage of float.  Like so many things in the financial world today, this practice is a (strictly legal) fraud. When you make the transaction, the money is available immediately, for reasons that should be intuitively obvious to anyone who's ever used PayPal.  It doesn't take 3 minutes for the broker to get that money, let alone 3 days.  But if they can hold on to that money instead of turning it over to you, they can make money from it for themselves, putting money that rightfully belongs to you to work for them instead, earning interest on short-term loans, money market accounts, etc. The SEC mandates that this money must be turned over to you within 3 days so it should not surprise anyone that that's exactly how long the \"\"we have to wait for it to clear\"\" scam runs for.  Even if it doesn't seem like very much money per transaction, for a large brokerage with hundreds of thousands of clients, all the little bits add up very quickly.  This is why they feel no need to compete by offering better service: offering poor service is making them a lot of money that they would lose by offering better service.\""}
{"_id": "499864", "title": "", "text": "\"I have a related issue, since I have some income which is large enough to matter and hard to predict. Start with a best guess. Check what tax bracket you were in last year and withhold that percentage of the expected non-withheld income. Adjust upward a bit, if desired, to reflect the fact that you're getting paid more at the new job. Adjust again, either up or down, to reflect whether you were over-withheld or under-withheld last year (whether the IRS owed you a refund or you had to send a check with your return). Repeat that process next year after next tax season, when you see how well your guess worked out. (You could try pre-calculating the entire tax return based on your expected income and then divide any underpayment into per-paycheck additional withholding... but I don't think it's worth the effort.) I don't worry about trying to get this exactly correct. I don't stress about lost interest if I've over-withheld a bit, and as long as your withholding was reasonably close and you have the cash float available to send them a check for the rest when it comes due, the IRS generally doesn't grumble if your withholding was a bit low.  (It would be really nice if the IRS paid us interest on over-withholding, to mirror the fact that they charge us interest if we're late in returning our forms. Oh well.) Despite all the stories, the IRS really is fairly reasonable; if you aren't deliberately trying to get away with something, the process is annoying but shouldn't be scary. The one time they mail-audited me, it was several thousand dollars in my favor; I'd forgotten to claim some investment losses, and their computers noticed the error. Though I still say the motto of the next revolution will be \"\"No taxation without proper instructions!\"\"\""}
{"_id": "499871", "title": "", "text": "I keep visiting Dubai Not sure what kind of work it is, assuming it regular job. For the period mentioned above I was out of India for more than 182 days,  If you were out of India for more than 182 days in a given financial year then you would NRI for tax purposes. till date I have not transferred any money from Dubai to my India account. Whether you have transferred the money or not is not relevant for tax purposes. Your status [NRI / Resident] is relevant. Do I need to declare the income I have earned in Dubai? No you are not required to as your status is NRI. You are required to file a return on the income [Salary/Interest/gains/etc] accruing in India. Do I need to change my residential status ? Not sure where you are wanting to change this. Will the income I have earned in Dubai is taxable ? As you are NRI, the income earned outside of India is not taxable in India. From a tax point of view, it does not matter whether you keep the funds in Dubai or transfer it back to India. Edit: The Income Tax rules are not very clear if your wife can claim for her father-in-law. Best consult a CA. For quite a few regulations, Wife's father-in-law are treated at par with father."}
{"_id": "499874", "title": "", "text": "In the equity world, if a stock trades at 110 and is going to pay a dividend of 10 in a few days, an option expiring after the ex date would take the dividend into account and would trade as if the stock were trading at 100. (Negative) interest rates may also lead to a similar effect. In the commodity world the cost of carry needs to be taken into account."}
{"_id": "499875", "title": "", "text": "Firstly currency prices, like any asset, depend on supply and demand. Meaning how many people want to exchange a currency to another one vs. wanting to buy that currency using another currency. Secondly, it really depends on which country and economy you are talking about. In emerging economies, currencies are very often influenced by the politics of that country. In cases like the US, there are a myriad reasons. The USD is mostly governed by psychology (flight to safety) and asset purchases/sales. In theory, currencies balance, given the inflation of a country and its trade with other countries. e.g. Germany, which was always exporting more than it was importing, had the problem of a rising currency. (Which would make its exports more expensive on foreign markets. This is the balancing act.)"}
{"_id": "499877", "title": "", "text": "\"The reason for selling a stock \"\"short\"\", is for when you believe the stock value will decrease in the near future. Here is an example: Today Exxon-Mobile stock is selling for $100 / share. You are expecting the price to decrease, so you want to short the stock, which means your broker (i.e. eTrade, etc) allows you to borrow shares without paying money, and those shares are transferred into your account, and then you sell them and receive money for the sale. But you didn't actually own those shares, you only borrowed them, so you need to return the shares to your broker sometime in the future.  Let's say you borrow 10 shares @ $100, and you sell them at the market price of $100, you receive $1,000 in your account. But you owe your broker 10 shares, which you need to return sometime in the future. A few days later, the share price has decreased to $80. Now you can buy 10 shares from the market at a total cost of $800. You get 10 shares, and return those shares to your broker. Since you originally took in $1,000, and you just paid out $800, you keep a resulting profit of $200\""}
{"_id": "499889", "title": "", "text": "I have no idea what the traditional accounting way of dealing with this might be; but does your accounts package has the concept of subaccounts within a bank account?  If so, to me it would make sense that when a cheque is written, you move money in the accounts package from the bank account to a subaccount named 'Cheques Written'; then when it is cashed, move money from that subaccount to the supplier.  Then from a reporting perspective, when you want a report that will correspond to your actual bank statement, run a report that includes the subacconut; when you want a report that tells you how much you have available to spend, rune  a report that excludes the subaccount."}
{"_id": "499895", "title": "", "text": "\"&gt;I mean, if this were the mortgage market, you would be arguing to banks \"\"What the hell made you think this homeowner would keep paying you 6% interest on this money when you're not providing any kind of value twenty years later?\"\"  Small difference: if the homeowner stops, the bank can take the home. If the employer stops, the retiree is left with no choice but to try and sue. Perhaps track down some other people whose payments were cut and sue together.  As you observe, it's the disparity of strength between the parties that makes some people uneasy about this.\""}
{"_id": "499900", "title": "", "text": "It's probably too far gone at this point, and the world has moved on from their business model...that said, here's what I would do.   1.) Sears is going to go back to being a hardware store first and foremost. Craftsman tools used to enjoy a reputation as the premier brand of tools. Made in the U.S., highest quality you could get without spending 40 bucks on a pair of needle-nose pliers, wouldn't break for 3 generations, and if they did, you could take it back to Sears and walk out with a new one, no questions asked. We're going back to that. If nothing else, Sears is where you go for tools. No tools that are not made in the U.S., and nothing that isn't Craftsman unless absolutely necessary.   2.) Second to that is going to be appliances. I'd need a good team of analysts to tell me if it's remotely viable, but I'd like to adapt a little of the Craftsman mentality to appliances. Take your pick of any appliance at Sears, it will be of the highest quality, and if it breaks within X years, we'll have tech at your house in 24 hours to fix it, and you'll never see a bill.   4.) For everything else, we're going full Amazon, + local pickup. Free next day or same day delivery. Order your new wrench set from your phone, pull up to the store on your way home from work, and we'll drop the box in your trunk faster than McDonald's hands you your burgers.   5.) Our retail stores are going to get a complete overhaul. No more dingy shops with checkout computers from the early 90s. No more staff that looks and acts more beaten down than fast food workers. I want people working there who know the store and what it sells, and can at least pretend to be happy to help. Yes, I know I'll have to pay for it, that's fine. This place is supposed to sell the best tools available on a household budget, it shouldn't be a shittier shopping experience than fucking Harbor Freight."}
{"_id": "499955", "title": "", "text": "I've always wondered why the USPS was a sponsor of Lance Armstrong, for example.    It's incredibly hard for me to give a shit about the fact that they're in debt (besides the fact that they're government funded so in the end I get screwed regardless) and are getting further into it when I think about their priorities in the past and current.  They've sponsored all sorts of things and been part of campaigns...like movies and other sports...If they are supposed to make enough money to be self sufficient then I'd think at some point someone would have come in and said, 'So hey, we're currently in some serious debt here so perhaps it wouldn't be the best use of the money we get from the government to sponsor shit'.  Companies sponsor things in order (or at least in large part) to gain brand awareness.  It's the effing post office. Everyone knows who they are.  They come to everyone's house almost every day.  Same goes for all the money they spend in their own marketing campaigns...be it print, television etc....  How about tax payers vote on where we think our money is best spent when that money is going to a private company?  At some point you'd think they'd take a hint from companies like FedEx and UPS and spend all that money on making sure their service was on par with them...but they don't.  They just keep taking and taking and reducing services and maintaining shitty customer service etc."}
{"_id": "499957", "title": "", "text": "Can you offer an alternative solution?   Sounds like you are not well versed in the reasoning for fiat money. Before trying to pass opinions that you have not formed on your own I would do some research.   So go ahead, I challenge you. What is a better way?"}
{"_id": "499963", "title": "", "text": "They didn't have a choice. None of the cable companies wanted the TiVo to exist. In the analog days there was nothing they could do to stop it. With digital they were forced to support Cable Cards, but that was a total disaster. Due to foot dragging, terrible capabilities, customer hostile policies, and techs who had no idea what they doing that was a failure.  If a cable company rents you *their* DVR or cable box, they get $5 a month (or whatever). If you buy your own box, they get $5 because they charge the same for a CableCard because they can. If they sold/rented TiVos, they'd have to give more than $0 to TiVo and would make less money.  Plus, if you had a TiVo that meant that you didn't need OnDemand to catch up on the shows you weren't at home to watch, so they couldn't charge you for that. Also, you couldn't access OnDemand even if you wanted to, because CableCards didn't support it.  TiVo was a threat to a sweet deal, so they all tried to kill it. TiVos were so expensive (at first) and so hard to setup (later, due again to the CableCards) that very few people bought them. In the mean time the cable companies half-assed their own DVRs and pushed them on consumers. Now most people don't see why they should pay extra for a TiVo with less ability even though it may well be the superior product.  Plus, there are now services like FIOS and U-Verse that don't support TiVo. They should, but the FCC has dragged on the AllVid proposal that would let consumers actually have a choice in end point hardware.  Some smaller companies offer boxes with TiVo software either as a premium or just turned their business over to TiVo to handle that stuff. That's nice, but Comcast &amp; Time Warner cover the vast majority of the market and may be the only options in most areas. Neither of them offer it. The only reason the small companies offer it is to differentiate themselves from Comcast &amp; TW."}
{"_id": "499966", "title": "", "text": "When you book your Kos holiday, you can never miss the fun and adventure for which the place is widely known. Right from sports fishing, shore fishing and deep sea fishing, you will find yourself enthralling in the various options provided to you."}
{"_id": "499975", "title": "", "text": "Maybe one of my issues is that I have a 5 year model with a terminal value. The repayment of debt principal is outside this time frame so I don't assume any repayment.   If you're valuing a company share price though you don't model all debt repayments."}
{"_id": "499977", "title": "", "text": "\"I am not saying it is fair, or that only they get to say \"\"this sucks\"\" I am saying that you should not be envious of them.    Also, try to remember that the programs like the one they made use of don't just help that family.  Foreclosures drive down property values.  Sure it sucks to see them basically get rewarded for an. . . . optimistic gamble shall we say. . . but they are not the only ones that benefited.  Their neighbors, some of whom likely are honest people who took a cautious path to home ownership, now will not have their homes decrease in value due to sister.  She gets an unfair reward, but it also helps avoid her neighbors getting unfairly dinged.  Not to mention that it is safer to have homes occupied, and they tend to be less likely to fall into disrepair.       Also,  try to remember that every house that does go back to the bank means one more family of renters.  Banks tend to sit on homes, often for way way longer than they should, leaving that house empty, while the former tenants try to rent.  Pour more renters into the pool while banks sit on unsold vacant homes and landlords can be more picky and charge more for rent.   But in the end. . . .man your rent sucks.\""}
{"_id": "499978", "title": "", "text": "A true story, from a friend's company, one of the largest electronics company in the world.  The company decided that if the difference is less than $25,000, then ignore it. And went on to fire many people in accounting.  Six months later on, one old-timer found many many reports that show less than $25,000 difference.  Do you understand what happened here?"}
{"_id": "499995", "title": "", "text": "\"Gift taxes are paid by the giver, not the \"\"givee\"\". You'd have to claim the $500 on your income tax forms, though.\""}
{"_id": "500014", "title": "", "text": "\"&gt; Also as a 1099 worker you are still subject to income tax and jail time if not paid.  No shite shirlock.  &gt; That's the part of this you don't fucking get. If I don't give the government my money I get kidnapped and thrown into a fucking cage.  The part that *you* don't get is that it is as it should be. You live in this country. And whether you like it or not, you benefit from the stability, structure, and network that taxes built in this country. *And* you *should* go to jail if you don't pay those taxes.   You are like a little kid, born into a good home, with good parents, and has all his basic needs met but whines about his chores with cries of \"\"but, I didn't *choose* to be *born*...\"\"  Don't worry.... When you grow up, one day you will grow the balls to leave.\""}
{"_id": "500022", "title": "", "text": "Quikrupee is an SME lending platform providing loan against card swipes. Businesses having swiping transaction of minimum 2,00,000 is eligible for the loan. It will be greatly useful for retail traders, hospitals, hotels, supermarkets and other retail business having swiping transactions regularly with or without even having IT returns. For more details visit our website - https://www.quikrupee.com/ and also like us on Facebook https://www.facebook.com/quikrupee/. Contact us - 9840388445, 7358059579"}
{"_id": "500028", "title": "", "text": "Are you sure you know the person, this can be a scam. Is this taxable for me. If you are getting money for no reason, it would be treated as Gift to you. If the amount is more than Rs 50,000/- You will have to declare this and pay tax as per your tax brackets. Is there any limit for receiving money from Japan to India from person other than blood relations. There is no such limit."}
{"_id": "500034", "title": "", "text": "This is something that will vary from situation to situation. What is the secured debt? What is the interest rate? Does your retirement account have a match? What are your other financial obligations? How much money do you have available after meeting all of your minimum financial obligations. All of these are very important factors in deciding what the best course of action would be."}
{"_id": "500059", "title": "", "text": "OK to be upfront, I hate Bankerella too and think that post was quite idiotic of her.  Considering that though, One of the top things any interviewer will/should consider is whether the want to work with the person they are interviewing. In this case, she simply gave the person a pass to the final round, she didn't actually give a job offer and didn't take any slots away from anyone else. The candidate is very likely to be the person working with her if she gets the job so of course she is going to choose a candidate based on personality."}
{"_id": "500069", "title": "", "text": "Apparently, if you keep your tires' air filled to the recommended level, your car will burn less gas.   I loved this article at WikiHow, which confirmed what I had heard about air in tires, and had others to suggest, such as removing unnecessary items from inside and on your car (such as bike racks, trailer balls) as they can add to your car's overall weight, causing more drag and using more gas."}
{"_id": "500083", "title": "", "text": "This depends on when exactly you want the month back. If you need the money back at the end of 6 months, then option 1 is advisable. It is easy to set-up an Recurring Deposit. If you don't need the money immediately, generally the FD rates are better than RD rates. So creating FD's every month will result in more money. However you would have to ensure that you create this every month, so there is more effort."}
{"_id": "500088", "title": "", "text": "I think it's interesting to look at bitcoin not as a get-rich quick scheme, but rather a tool to study socio-economics through looking how areas in developing countries view this type of model (and the entire world at large of course).   The entire crypto-coin scene has a variety of different algorithms which replicate different monetary policies to promote the most value and high functioning societies. *For example: dogecoin was meant as a quick laugh but has now developed into an inflation based coin to encourage high velocity through tipping. This micropayment model and friendly community hope to gain adoption through spreading it far and wide*.   Bitcoin looks at the properties that made gold a useful state-less trade asset and tried to adapt that to the web. It solved traditional problems which made this impossible before without a central party and thus now experiments and studies can be done.   Who knows what happens. Gavin, the chief engineer of the bitcoin core development group says,   &gt; I still say that it's an experiment, and the whole thing could implode.  Coming from the guy who is literally making the edits to the code, I think it's safe to take off the wary of it being used to scam people and instead look at it from a more academic light to see what could be gleaned from bitcoin to improve current institutions."}
{"_id": "500109", "title": "", "text": "Mervis Diamond is a family business specializing in diamond rings, other precious gems and designer names like Tacori and Veraggio. With their roots at diamond mines in South Africa, they maintain strong relationships and import all their own diamonds. Mervis has a reputation you can trust."}
{"_id": "500130", "title": "", "text": "I don't think that's the only reason. You can buy a big house in Colorado and pay very low taxes compared to other parts of the country. I think family sizes are just going down and people aren't starting families as early in their life as they have historically."}
{"_id": "500145", "title": "", "text": "\"Sounds like you live in a fantasy land where everyone has infinite do-over lives and market forces are magic panacea.  Clean air and water is a public good that shouldn't be left up to multiple parties upstream or in the region to hash out in a legal system how to remedy problems on a case-by-case basis while individuals have to deal with resulting cancer, brain damage, etc.  We shouldn't leave issues like this to crop up from short-sightedness and cognitive biases of private parties left to their own devices.  There should be regulation of industries that minimize the risk/impact of pollution without being counterproductive by halting the economy altogether.  If the US had been run the way you want, we'd have had prevalence of leaded gasoline, paint, and lead in drinking water for decades more.  And we'd have higher crime rates due to the brain damage caused by lead.  Making all roads private and for-profit creates a profit motive in acquiring lands that are strategically important in transportation, opening up opportunities for monopolies and collusion.  Your proposal will replace a government \"\"monopoly\"\" on roads answerable to voters with a private monopolies or cartels that answer to no one because there is no competition.  And this will kill the benefit we have in network effect of public roads.  Law and law enforcement is a matter of trust.  We need to have trust and reasonable expectation of fairness/uniformity in the law enforcement and justice system for individuals and companies to conduct their lives/business.  I am not convinced that a nation with disparate systems with their own private laws and security forces and with no hierarchy somehow achieves that goal.\""}
{"_id": "500162", "title": "", "text": "SwagBucks is an online site which provides the people the chance to earn digital dollars which is called \u201cSwag Bucks\u201d. If you don\u2019t have any idea how to earn it, just simply follow this.You can earn \u201cSwag Bucks\u201d once you avail all the services they are offering, from watching videos, commenting, research, online streaming and among other activities available for you to indulge in."}
{"_id": "500175", "title": "", "text": "\"You ask about \"\"traditional IRA VS taxable (non-retirement) investment account.\"\"  You already know about tax deductible IRAs, which are similar, mostly, to your 401(k). A Traditional IRA can have a non-deducted component. In a sense, it then functions similar to the fully pre-tax IRA as it grows tax free, but then withdrawals are made and taxes paid on the pro-rated not-yet-taxed money.  It also offers the simple conversion to a Roth IRA. For those who have no current IRA with pre-tax money, a conversion will be tax free, for those with an existing pretax IRA, conversions are prorated for tax due, if the account had say $10,000, and $5,000 was post-tax, any conversion will have half taxed at your marginal rate.\""}
{"_id": "500180", "title": "", "text": "&gt;Thank you very much for your reply.  &gt; &gt;I'll look more into the CFA but I have a question - does it require an undergrad degree in finance/accounting to become licensed if you pass? Obviously that's an area that I need to do more research but a great place to start based on your suggestions.   No, you do not need anything but to be in your fourth year or graduate from any undergraduate program. It's a three test process (Level 1/2/3) and it will take you years to become a chartholder. People recommend 4-6 months of study for level one, it is quite difficult. More information on r/CFA, or CFAI's website.  &gt;If I take it in December I'll be 5 months from my masters. In that case it makes more sense to complete the masters because quitting that close to the end really throws a lot away. I know counseling isn't specific to the field, but people skills seem to be the cornerstone of every career.   I don't know enough about counselling to really advise you, nor do I really know about the hiring process or decision criteria. You can ask on wallstreetoasis (WSO)  &gt; I'm more interested in a career that is not as emotionally taxing   Uhhh, I don't know about that, but I really don't know anything about counselling. Can you tell me what a day in the life of a counsellor is like and how you see the career and challenges faced in the industry or by people in your current/future positions?"}
{"_id": "500183", "title": "", "text": "I would imagine quite the opposite.  Employers can choose the start date and most are quite happy to keep potential recruits waiting until everyone is back from leave."}
{"_id": "500211", "title": "", "text": "Just because he wasn't management doesn't mean he didn't maliciously break the law to bypass environmental laws.  They are after management also but will have a hell of a time extraditing VW executives from Germany where they are treated like royalty.   &gt; Robert Liang, 63, knew the German automaker was cheating and worked to cover it up, U.S. District Court Judge Sean Cox said during the sentencing hearing in Detroit.  &gt; He is one of two VW employees to plead guilty, although others charged in the case are in Germany and out of reach."}
{"_id": "500223", "title": "", "text": "I'm not sure you can fight trends like that... You either figure out interesting promotions to get people into seats (which they are trying, like sponsoring the csgo ELeague, which does get millennials into their restaurants) or you have to drastically change your business/ value prop, which is inherently difficult."}
{"_id": "500238", "title": "", "text": "\"Your wife is probably not going to be able to get a policy until all tests are complete and the doctors give her a clean bill of health.   A change in your health could make your premiums 50% to 75% higher than they would be if you applied for a policy in perfect health.  Health history is one of the biggest factor in calculating an LTCi premium.   The average age for purchasing a policy is 59.  Including all rate increases, the average long-term care insurance premium is $1,591 per year, based on my calculations from a 2015 National Association of Insurance Commissioners report with 2014 data. Because of new consumer protections designed to prevent rate increases, policies purchased today do cost more than older policies. In 2015, the average premium for a new policy was $2,532 per year, according to a LIMRA survey of most companies selling long-term care insurance. (Couples can get discounts as high as 30 percent when purchasing policies at the same time.) Do NOT work with just a local insurance agent who sells many different types of insurance.  ONLY work with an insurance agent who specializes in LTC insurance and that represents at least 7 of the top companies.  There are probably a couple of hundred agents in the country that specialize in LTC, are independent agents representing a lot of companies AND have a lot of experience.  Interview at least 3 different agents.  Get quotes from every agent you speak with and ask each of them their opinion about which policy you should get.  Go with the agent who seems the most knowledgeable and professional.  Do NOT buy LTC insurance from a \"\"financial advisor\"\".  They are usually limited to offering only a few companies (because of their broker/dealer arrangements) and they rarely understand LTC underwriting.  Do NOT buy LTC insurance from the company you get auto insurance or home insurance with.  And do NOT buy a policy just because your retirement association or alumni association recommends it.  SHOP around.  In your wife's case it would probably be wise to apply to more than one company at the same time in case one of them denies her application.   Here is an article I wrote for NextAvenue.org (a website owned by PBS) which answers some of the most common misconceptions about LTC insurance: An Insurance Agent\u2019s Case for Buying Long-Term Care Insurance.\""}
{"_id": "500250", "title": "", "text": "\"In 2005, Apple announced a split on Feb 11... CUPERTINO, California \u2014 February 11, 2005 \u2014 Apple\u00ae announced today that its Board of Directors has approved a two-for-one split of the Company\u2019s common stock and a proportional increase in the number of Apple common shares authorized from 900 million to 1.8 billion. Each shareholder of record at the close of business on February 18, 2005 will receive one additional share for every outstanding share held on the record date, and trading will begin on a split-adjusted basis on February 28, 2005. ...one month after announcing earnings. CUPERTINO, California\u2014January 12, 2005\u2014Apple\u00ae today announced financial results for its fiscal 2005 first quarter ended December 25, 2004. For the quarter, the Company posted a net profit of $295 million, or $.70 per diluted share. These results compare to a net profit of $63 million, or $.17 per diluted share, in the year-ago quarter. Revenue for the quarter was $3.49 billion, up 74 percent from the year-ago quarter. Gross margin was 28.5 percent, up from 26.7 percent in the year-ago quarter. International sales accounted for 41 percent of the quarter\u2019s revenue. I wouldn't expect Apple to offer another split, as it's become somewhat fashionable among tech companies to have high stock prices (see GOOG or NFLX or even BRK-A/BRK-B).  Additionally, as a split does nothing to the underlying value of the company, it shouldn't affect your decision to purchase AAPL.  (That said, it may change the perception of a stock as \"\"cheap\"\" or \"\"expensive\"\" per human psychology). So, to answer your question: companies will usually announce a stock split after releasing their financial results for the preceding fiscal year. Regardless of results, though, splits happen when the board decides it is advantageous to the company to split its stocks.\""}
{"_id": "500251", "title": "", "text": "The company may be real though the returns do have some fine print to note. Pacific Tycoon \u2013 Investor Red Alert notes in part: I see that some unscrupulous financial websites are taking money to   send out promotions today for Pacific Tycoon. DO NOT RESPOND. DO NOT   INVEST. You are being treated with utter contempt as a reader of these   sites and should unsubscribe at once. And here is why. While some people may be happy with them, that isn't the same as someone that wants more assurances as to the returns on their money."}
{"_id": "500261", "title": "", "text": "FICO is a financial services company, whose customers are financial services companies.  Their products are for the benefit of their customers, not consumers. The purpose of the credit score system is two-fold.  First, the credit score is intended to make it easy for lending institutions (FICO's customers) to assess the risk of loans that they make.  This is probably based on science, although the FICO studies and even the FICO score formula are proprietary secrets. The second purpose of the credit score is to incentivize consumers into borrowing money.  And they have done a great job of that.  If you think you might need a loan in the future, perhaps a mortgage or a car loan, you need a credit score.  And the only way to get a credit score is to start borrowing money now that you don't need.   Yes, someone with a good income and a long history of paying utility bills on time would be a great credit risk for a mortgage.  However, that person will have no credit score, and therefore be declared by FICO as a bad credit risk.  On the other hand, someone with a low income, who struggles, but succeeds, to make the minimum payment on their credit card, would have a better credit score.  The advice offered to the first person is start borrowing money now, even though you don't need it. I'm not anti-credit card.  I use a credit card responsibly, paying it off in full every month.  I use it for the convenience.  I don't worry at all about my credit score, but I've been told it is great.  However, there are some people that cannot use a credit card responsibly.  The temptation is too great.  Perhaps they are like problem gamblers, I don't know.  But FICO and the financial services industry have created a system that makes a credit card a necessity in many ways.  These are the people that get hurt in the current system."}
{"_id": "500273", "title": "", "text": "\"ok so now I am not sure which defecit we are talking about.  I was talking about the budget defecit.  In reference to that, check out Koo's \"\"the holy grail of macroeconomics\"\".  He details during the Japanese recession exactly the effects of stimulus and austerity (they tried both) and how they affected tax revenues and the national debt.  Long story short, stimulus increased revenues which as a net closed the budget defecit, while austerity was so devastating to the economy that it increased the budget defecit (the cuts in spending were smaller than the loss in tax revenue which resulted).   When you say \"\"years prior of stimilus\"\" I think you are referring to tax cuts?  I do not think that tax cuts count as \"\"stimulus\"\".  Right now I think increasing taxes would force businesses to hire and would be more stimulative than tax cuts.   The current account defecit is a result of free trade and cheap labor overseas.\""}
{"_id": "500283", "title": "", "text": "But I'm not choosing to forgo negotiating on my own. Someone else with ties to the listings is giving special access to my negotiations. Given access I can't get.  I'd rather negotiate on my own, usually adding someone in the middle of a conversation between 2 individuals is bad for everyone.  I'm not being given the option to negotiate on my own, I either take the artificially inflated rate or skip investing all together because I can't get the access that HFT's have, nor can I negotiate around them."}
{"_id": "500284", "title": "", "text": "The reddit staff is just being lazy on this one. Google has had to deal with people gaming the search business for years. It's an extremely hard problem to solve but a good company doesn't choose the nuclear option of just banning entire, credible domains. They come up with algorithms to deal with it.  At the very least, if reddit wants to be seen as a beacon of information sharing and democracy, they need to post publicly what it is they're doing. Creating a secret list and keeping it from the public, well, that's kind of like Nixon's version of democracy."}
{"_id": "500288", "title": "", "text": "Cap Rate is the yearly return NOT including your mortgage. Everyone will finance the property differently.  From 0% - 100% down. This is why Cap Rate is the best way to compare properties.  Once you include your finance it is then called Cash-On Cash Return (CCR)."}
{"_id": "500294", "title": "", "text": "I think others have made the key points. Let me just add: As others have pointed out, the traditional IRA is better if your tax rate in retirement is lower than it is when you are building the account. The Roth IRA is better if your tax rate in retirement is higher. For most people, your income in retirement will be lower than your income in most of your working years. On top of that, a significant percentage of your income will come from Social Security, which is generally not taxed, and so the tax rate you pay on the remaining income will be lower still. If you're just starting out, if you're in your 20s, it's likely that your income will go up significantly in the next couple of decades and so you might be making more in retirement that you are now, and so the Roth is probably your better bet. But if you're in your 40s or 50s you are probably making your peak income, you will have much less in retirement, and the traditional IRA is likely better. If your income is well above average and you are saving enough to have a retirement income well above average, then social security may be a very small part of your retirement and my comments on that may not be relevant to you. It's true that tax rates could change in the future. But will they go up or down? It's also possible that the laws about retirement accounts will change. If you think you have some insight into what will happen in the future you may want to take that into account when making plans. But politics is very hard to predict."}
{"_id": "500300", "title": "", "text": "Put your money in a  big company automating their workforce and in 20 years you'll see above historical returns year over year.   Interest rates have some short term impact but long term technological improvements will be dramatic."}
{"_id": "500331", "title": "", "text": "\"Right, but this relies on two things:  1.  \"\"the economy that is accepting his dollars\"\" - in situations involving legal tender laws, the participants in the economy have no choice but to use the banker's money.  2.  The Cantillion Effect means the banker can take advantage of low prices before the market reflects the inflation he created from expanding the credit supply.  This is a direct transfer of value away from the rest of the economy and toward the banks.\""}
{"_id": "500337", "title": "", "text": "I'm not too familiar with the Bank of England's objectives, but it seems similar to the FED's QE program. The interest rate the BOE sets, similar to the FED rate, affects mainly the short term (the left side) of the [interest rate curve](http://www.bankofengland.co.uk/statistics/pages/yieldcurve/default.aspx). However, in order to bring down intermediate and long term rates, central banks will buy intermediate and long dated government and corporate bonds. The government's added demand will drive those bond prices up, which will drive yields down.  But like I said, I'm not too familiar with the BOE's bond purchasing program, so I could be way off base here."}
{"_id": "500338", "title": "", "text": "I've used Wikinvest before and think that's close to what you're looking for - but in Wiki-style rather than forums.  Otherwise, I agree with CrimsonX that The Motley Fool is a good place to check out."}
{"_id": "500349", "title": "", "text": "&gt; Story printed literally as the only thing that can hold on value to the currency..   Japan has huge current account and trade surplus. they have to print money or else Yen will shoot up to the moon.  Japan cannot afford over valued currency."}
{"_id": "500355", "title": "", "text": "\"You can't get a HELOC, to the best of my knowledge, without actually \"\"owning\"\" the house. If you get an 80% mortgage (of the purchase price - not the appraised value, btw), you still need 20% as a down payment. Once you own the home, you can apply for a HELOC ... presuming you have enough equity (eg, the purchase price is $40k less than the appraised value). We haven't looked at the norm, at least where I live, of 5% down for a traditional mortgage and 3.5% for an FHA (which your question touches on). If you can do 5% down, on a $1,000,000 mortgage you need $50,000 on the day of closing. If the home is worth (ie appraises for) $1,250,000, you're getting 20% of the house \"\"for free\"\". Presuming the bank(s) will go for it, you could likely then open a HELOC for as much as $250,000 (again, depending on individual lender rules). tl;dr: If you don't have the money ready on the day of signing (via seasoning, if it is a loan/gift, or because you have been saving), you cannot afford the house. To clarify from comments with the OP, I am in no way speaking to the buyer's ability to afford the monthly payments - this is only about affording the initial costs associated with the home buying process (down payment, closing, whatever else the bank(s) require, etc).\""}
{"_id": "500357", "title": "", "text": "As a non-resident, you need to file a form 1040NR in any year that you have a distribution (withdrawal) from your HSA. From the Instructions for Form 1040NR, Who Must File: You also must file a return if you received HSA, Archer MSA, or Medicare Advantage MSA distributions. You file a form 8889 with your 1040NR, and on that form you report how much money you took out of the HSA and how much of that was used for qualified medical expenses.  If these distributions are used for qualified medical expenses, even in your home country, they are tax free.  Any part of the distribution that is not used for medical expenses is taxable, and you would need to send in a tax payment with your 1040NR. If you just cash out your HSA with no medical expenses, you will pay tax on the amount plus a 20% penalty.  If you have no other U.S. connected income, your tax rate will be based solely on the amount of your distribution (probably 10-15%), so you are looking at a total tax of 30-35%. It may be worth your while to leave the HSA in place and just withdraw it as you have medical expenses.  You'll need to file a tax return each year you take money out until the HSA is gone, but you won't pay any tax."}
{"_id": "500361", "title": "", "text": "A/R-A/P are accounting side, doubtful they will need knowledge of SQL. That is more the trading floor/Risk Management sides or people using large volumes of data from my experience.  To be honest 1-2 years of experience is used as a deterrent for people like you, that just graduated. Use any contacts you have at all, and if those are exhausted go and speak to someone. I can assure you that speaking to someone will get you much farther than just submitting an application online.   Good luck and make sure the job is a right fit for you."}
{"_id": "500380", "title": "", "text": "Most people pay for the convenience. The convenience of not carrying a water bottle wherever you go. For some people, that's worth $1 per bottle. I know a person who only drinks fiji water and he buys it by the cases and stocks them at home and does not drink anything else. Now that's stupid."}
{"_id": "500381", "title": "", "text": "This seems to answer your question: http://www.organicvalley.coop/why-organic/antibiotics/  &gt; If holistic treatments are not effective, as a last resort farmers are encouraged to administer antibiotics rather than allowing an animal to suffer. If antibiotics are used, however, the animal cannot return to organic production - ever.  Also, the USDA guidelines state that an animal that was given antibiotics, for any reason, is no longer organic."}
{"_id": "500382", "title": "", "text": "Its really quite simple. The government is not incentivized to avoid and reduce waste. In fact it is incentivized to do the opposite, deluging each and every interest group it can in money, programs, and regulations that conflict and overlap each other, and if you go after it, the associated special interests will come after you.  https://www.scientificamerican.com/article/epa-proposal-cuts-hundreds-of-climate-change-employees/"}
{"_id": "500400", "title": "", "text": "&gt;&gt; loses from WaPo to reduce his tax bill  &gt; That's not even how taxes work!  Yes it does and I know it very very well.   Explain me why Bezos, a retail and technology guru would waste his time on WaPo, and old-fashion media? Is it to make money? Yes or no?  Of course not! They are losing money.   It's for his personal political agenda.  Not because of proper and unbiased Journalism."}
{"_id": "500403", "title": "", "text": "Not illegal. With respect to littleadv response, the printing of a check isn't illegal. I can order checks from cheap check printers, and they have no relationship to any bank, so long as they have my routing number and checking account number, they print.  Years ago (25+) I wrote my account details on a shirt in protest to owing the IRS money, and my bank cashed it. They charged a penalty of some nominal amount, $20 or so for 'non-standard check format' or something like that. But, in fact, stupid young person rants aside, you may write a check out by hand on a piece of paper and it should clear. The missing factor is the magnetic ink. But, I often see a regular check with a strip taped to the bottom when the mag strip fails, proving that bad ink will not prevent a check from clearing.  So long as the person trying to send you the funds isn't going to dispute the transaction (and the check is made out to you, so I suppose they couldn't even do that) this process should be simple. I see little to no risk so long as the image isn't intercepted along the way."}
{"_id": "500404", "title": "", "text": "Impaired is impaired.  Too many pot heads act like smoking weed is so harmless that it's ignorant we don't let babies smoke up.  If someone dies and they find THC in their system, pot heads band together and say well he was a reckless driver so weed had nothing to do with it.  If the same thing happens and they were legally drunk, they will say alcohol was the factor...."}
{"_id": "500408", "title": "", "text": "I don't think that's what it's doing. The commercials have to have the same *average* volume as the shows.  An interesting side effect of this would be that if you have a longer commercial spot, you can have a louder spike in the middle. Want an ad that's twice as loud as the show? Just pay for twice as much ad time!"}
{"_id": "500419", "title": "", "text": "A service provider that prevents competition by making it illegal to compete. Every other insurance program allows you to opt out. And i wouldnt consider it protection when they stick there dick into everyone elses business. Every gang or mafia claims to protect those it shakes down.  Edit.. Just because you wear a brown shirt doesnt make you a righteous person."}
{"_id": "500445", "title": "", "text": "I'm not too sure. you'll need to open up new shops, so real estate, staff, computers, bank accounts, that's not even getting into farming weed. It'll definitely take a bite out of other vices for sure though."}
{"_id": "500452", "title": "", "text": "As one of the answers described, its going to depend on many factors and the environment at the time. But there is no sure way to know which strategy is better, if any are at all. I would say over several hundred years the strategies would be equally as profitable. In a free market the longer dated bonds would be priced lower (higher yield) because they are higher risk. And over a long enough time period that higher risk may end up resulting in that bond being worth less, or maybe nothing at all. In a free market, price discovery would factor all this in, and the two strategies would become equal. The same is true for the price during inversion events Having said that, we dont live in a free market. With central bankers monetizing debt in so many countries, sometimes investing in short term bonds, including US treasuries, is a guaranteed way to lose purchasing power, as these yields are below inflation and sometimes even negative."}
{"_id": "500460", "title": "", "text": "\"Well the People's Trust's IPO prospectus is now (2017-09-08) available for all to read (or there's a smaller \"\"information leaflet\"\").  (May need some disclaimers to be clicked to get access).  Both have a \"\"highlights\"\" bullet-point list: Coverage here has a comment thread with some responses by the founder attempting to answer the obvious objection that there's other multi-manager trusts on a discount (e.g Alliance Trust on ~ -5.5%), so why would you buy this one on a (very small) premium?  (Update: There's also another recent analysis here.) Personally, I'm thinking the answer to the original question \"\"How is The People's Trust not just another Investment Trust?\"\" is pretty much: \"\"it's just another Investment Trust\"\" (albeit one with its own particular quirks and goals).  But good luck to them.\""}
{"_id": "500463", "title": "", "text": "&gt;  In these cases the individuals are planning for their future generations  This makes no sense to me. I cannot fathom why somebody would work all their lives, save up millions of dollars, and never use it themselves."}
{"_id": "500473", "title": "", "text": "HFT firms are spending millions or billions on network infrastructure and colocation for a reason.  It's arbitrage.  I'll take your word for it that transaction costs are lower today than they were years ago, but HFT front running is happening.  HFT firms are paying for a privileged position in the exchanges that is unavailable to others.  That's not ok.  I don't care how much liquidity they supply or how small the spreads get.  At any rate, *someone* must believe in what IEX is doing because otherwise there would be no volume there.  They're approaching 1% of the market volume after opening a few months ago.  People aren't trading there out of the kindness of their hearts, they are trading there because they believe they are getting ripped off in the other dark pools/exchanges."}
{"_id": "500475", "title": "", "text": "\"Something I found helpful when I learned this, is to just use Excel to expand the series.   So start with A1 as \"\"175\"\", then in A2 put \"\"=175+(A1*1.004308)\"\" and paste that same formula down for a few hundred rows.  You'll find your answer on A216.  Most non-math-centric people don't have an intuitive grasp of how exponents (aka \"\"compounding\"\"... and never mind the natural logarithms this is all derived from) behave; but you can play with the numbers \"\"unrolled\"\" in Excel to get a better idea of how they work. That formula is just applying 0.4308% interest every period (row), and adding in a fresh $175.\""}
{"_id": "500480", "title": "", "text": "&gt; The best most funded system in the world would fail if the students resist being taught and sabotage those that do want to learn  I love how education can get away with this attitude.  How many products, if they fail to deliver change, get to blame the consumer?"}
{"_id": "500483", "title": "", "text": "Worth noting that the state of California decided to go with Chinese over American to build the new Bay Bridge, with the anticipation that it would save about 5% on costs. It was controversial at the time and has contributed to a lot of issues with the bridge in the years since."}
{"_id": "500486", "title": "", "text": "First, it's not always the case that ETFs have lower expenses than the equivalent mutual funds.  For example, in the Vanguard family of funds the expense ratio for the ETF version is the same as it is for the Admiral share class in the mutual fund version.  With that in mind, the main advantages of a mutual fund over an equivalent ETF are: From a long-term investor's point of view, the main disadvantage of mutual funds relative to ETFs is the minimum account sizes.  Especially if the fund has multiple share classes (i.e., where better classes get lower expense ratios), you might have to have quite a lot of money invested in the fund in order to get the same expense ratio as the ETF.   There are some other differences that matter to more active investors (e.g., intraday trading, options, etc.), but for a passive investor the ones above are the major ones.  Apart from those mutual funds and ETFs are pretty similar.  Personally, I prefer mutual funds because I'm at a point where the fund minimums aren't really an issue, and I don't want to deal with the more fiddly aspects of ETFs. For investors just starting out the lower minimum investment for an ETF is a big win, as long as you can get commission-free trades (which is what I've assumed above.)"}
{"_id": "500527", "title": "", "text": "\"The answer depends on what is your portfolio's objective.   If you are operating a multi-asset class portfolio (i.e. your portfolio has both bonds and stocks) and are targeting absolute returns, then yes, comparing a stock's beta (or correlation) to a bond benchmark makes sense. What you do with this stock's \"\"bond beta\"\" information further depends on what kind of return profile you want your multi-asset class portfolio to have. If you want stocks that appreciate in price when bond prices decline, then of course you want to buy \"\"negative bond beta\"\" stocks.  If you are operating a purely relative equity portfolio (i.e. you are benchmarked to the stock market), then comparing the \"\"bond beta\"\" is of little use to you.  Hope this helps.\""}
{"_id": "500533", "title": "", "text": "&gt; In other words, the company's operating assets function as a kind of piggy bank whose purpose is to extract profits that are then flushed out to shareholders. This is the sad fate of essentially all mature businesses under the conditions of American financial capitalism and, indeed, Whole Foods' executive team \u2014 led by its founder John Mackey \u2014 has been under intense pressure recently from an activist hedge fund that bought shares and has been agitating for cost cutting and more payouts.  No shit.  If an investor can't make a return from an increasing stock price (whole foods is flat or worse, trading at 50% of peak before Amazon closed) then then the stock must pay a dividend or nobody wants to hold it because it's a losing asset."}
{"_id": "500534", "title": "", "text": "Yes, it can buy back the call, but much before stock hits the $30 mark.   Let us say you got 1$ from selling the call. So the total money in your account is 4$ + 1 $ = 5 $. When stock hits 10$ (your strike), the maintenance margin is 5$. As soon as stock goes past 10, your maintenance margin is violated. So broker will buy back your call (at least IB does that, it does not wait for a margin call). Now if the stock gapped up from 8 to 30,then yes, broker will buy it back at 30, so your account will have a negative balance. Assume the call cost 20$ when stock hit 30, your balance is: 5 - (30-10) = -15. Depending on broker, I suppose they will ask you to bring your account balance back up to positive. If they don't do that, they risk going out of business."}
{"_id": "500562", "title": "", "text": "If you withdraw the money, regardless of how small the balance is, the IRS will still insist you pay a 10% penalty when you file your taxes (assuming you're under 59 1/2). Your 401K plan provider might have a policy that allows you to avoid the usual automatic withholding. You should check with them. $600 in additional income isn't likely to move your tax bill much, unless you're really close to a boundary in the tax brackets. Rather than withdrawing the money, you can transfer the 401K to your next 401K, or roll it over to an IRA (plenty of no-fee options around). Once in a traditional IRA, you can convert the money to a Roth IRA. You pay the taxes on the amount, but no 10% penalty. Converting to a Roth has eligibility rules. You should double check with your financial institution before doing it. Edit: You can withdraw without the 10% penalty if you leave your job after age 55 (credit to @JoeTaxpayer for the correction). This IRS Page lists the conditions under which the penalty can be avoided. Edit: The original question has been edited to add more background details. Due to OP's investment preferences, I would also recommend that he simply withdraw the funds, pay the taxes and the $60 penalty and put the $500 or so dollars somewhere else."}
{"_id": "500568", "title": "", "text": "It's wrong to think that we can pay people in the public sector fuck all but still get good results.  If offering perks to public employees attracts talent that eventually leads to great public works, great! Hopefully unions can find the right balance of perks and boondogles."}
{"_id": "500575", "title": "", "text": "Simply put, that's not allowed.   Outside a retirement fund, they simply do not provide a mechanism to pay that expense ratio separately.  Ergo, any effort to pay that expense ratio would be classified as a new/additional purchase of the fund. You now must deal with  Inside a retirement fund, paying the expense ratio of the fund with cash would be treated as an additional contribution, which may then violate contribution rules (such as going over your contribution limit, or contributing past age 70-1/2)."}
{"_id": "500581", "title": "", "text": "A well-designed business card can effectively promote your business. Your business card needs to tell people what you and your business is about, instead of only telling people who you are and where to contact you. If you want to business cards gainesville fl, then you can visit our office. We will show you the attractive design of business card. For your business card to be the marketing tool it should be, there are a few things you must take into consideration."}
{"_id": "500582", "title": "", "text": "\"Most people think gasoline = oil.  A title reading \"\"US now exports more refined products than it imports\"\" wouldn't sound as good would it?  There is nothing wrong with my reading comprehension but have a nice day whoever you are.  p.s. your comment history is the creepiest thing I have ever laid eyes on\""}
{"_id": "500594", "title": "", "text": "\"Most comments here seem to be folks who didn't read the article, haven't been to a Taco Bel in awhile, or don't know what fast food \"\"healthy\"\" options are. If you go during breakfast, or build a meal in their app in later hours you can make a pretty damn balanced meal.  I'll commonly order a wrap with rice, black beans, guacamole and grilled chicken. I'm not aware of anything near that balanced at mcdonalds, and it would likely be more expensive.  My biggest complaint is that when they debuted their new app there were new coupons every week or so, but after a couple months there's hardly ever new offers, sometimes none at all. :-(  Funny thing, the common offer I get is a discount off something like a $12 purchase...  but no one in the office wants Taco Bell, would rather get a Five Guys burger \"\"than eat something gross\"\". It seems Taco Bell has a lot to live down, I think they should advertise their fresco and vegatarian stuff more often and better.\""}
{"_id": "500603", "title": "", "text": "Activist investors can control as little as 2% of a company and still have a large effect on strategy. Since the demand is so low (removal of one account) isn't it a pretty easy choice to just make the shareholders happy?"}
{"_id": "500609", "title": "", "text": "You buy a 60kwh car you get a 60kwh car not a 60kwh car that after 3 years is a 45kwh car.  Which do you think people would be more upset at.  Which looks worse for electric cars. Elon needs to make electric cars viable to the average consumer. This helps electric cars marketability. Range degredation is a legitimate problem for every electric car and this is the best current way to handle it."}
{"_id": "500618", "title": "", "text": "Thanks for helping me gauge my expectations for this project. The more advanced stuff may require an exception then. I guess they are looking to knock off the casual Excel users while making exceptions for the more advanced Corporate Finance/Financial Reporting team. Thanks for your input though, can I ask you what your organization does and what areas you did have success in transitioning to GSuite?"}
{"_id": "500620", "title": "", "text": "Is there a point after which they legally unable to charge me? No. If you gave a check, then the bank may bounce it as stale after 6 months, but doesn't have to. With debit/credit transactions, they post as they're processed, and some merchants may not sync their terminals or deposit their manual slips often. As the world becomes more and more connected this becomes extremely rare, but still happens. Technically your promise to pay is a contract which never expires, and they can come after you years later to collect."}
{"_id": "500630", "title": "", "text": "That is one of the most unfriendly term sheets I've come across in awhile for a seed round.   Preferred shares with dividends (cumulative I'm sure), 60% stake (reduced if paid back). Any talk on participating preferred? Did he set a cap? What is the valuation for buyback to 20%?   For $50K your buddy better hit up every lost long family member before jumping into bed with this asshole.  Angel Funding Updates: http://www.angelresourceinstitute.org/en/Research/Halo-Report/Halo-Report.aspx  If you want an update on venture funding trends: http://www.cooley.com/venture-financing-report-q2-2014"}
{"_id": "500634", "title": "", "text": "Ignoring the wording of the article, what is the point? Taylor Swift, an establishment musician, doesn't change her successful formula in releasing information. What  exactly would she gain by doing what the author suggested and changed the time of the information release. I would think that an out of the box approach would only draw negative attention. Taylor, you did the right thing."}
{"_id": "500639", "title": "", "text": "\"That a threat? I'm happy to show you my qualifications..MBA + CFA. You have provided ZERO backup...you keep insisting that I must be in the wrong (plus all those that downvote citing that they are retards and probably garbage men).    You don't like being challenged. You have provided exactly ZERO support for your bold claims citing an immeasurable \"\"get in touch with current trends\"\" - which is the equivalent of \"\"JUST GOOGLE IT IF YOU DON'T BELIEVE\"\" because you are in fact unable to support your position through objective evidence.   I also believe you are the one that has resorted to name calling...not the other way around.  People get them after they gain experience...which is then what helps them stand out...no where did I ever suggest not to get one, I'm attacking your advice of going right after undergrad and have zero experience.   Wonder what the people over at r/MBA would have to say about it or the countless number of recruiters or the countless number of hiring managers. You are setting this kid up for disappointment.\""}
{"_id": "500643", "title": "", "text": "Government employees earn lots of airline miles if they travel frequently. However they are not allowed to use them for anything other than upgrades for themselves, you can't convert them into private travel vouchers for example. If a Govt employee gets bumped off a flight they can't even keep that money.   Because their fares are pre-negotiated on many city pair routes it will be a certain percentage of a refundable, flexible coach ticket, like 40% cheaper. However the airline miles rack up based on the class of the ticket which means they get a LOT of miles. Most private companies let their employees keep their miles and do whatever they want with them - so most of those people decide to stay in coach and keep them for a family vacation later."}
{"_id": "500655", "title": "", "text": "Hey, I was thinking back to that X-Ray you got done at the hospital, that you said was cheaper than 90% of the population. I am wondering if maybe that hospital wasn't one of the many that qualify for DSH reimbursement payments. What could have happened is that they saw that you are uninsured, and made a decision that they would only charge you for the portion that they didn't think Medicare / Medicaid would reimburse. If that happened, it wouldn't even show up on your credit report, as the hospital is the one that would file a credit claim. Likely, if they have to go through this a lot, they wouldn't even waste time filing a credit claim, they would just go after a reimbursement through Medicare / Medicaid. And thus, to you, it would just look like a very small bill, but in reality it would only represent a smaller portion of the true bill.   I would also wonder, if they do a lot of these, if they aren't also one of the hospitals that article I linked to showed was super-inflating the prices of uninsured in the hopes of getting a larger portion reimbursed."}
{"_id": "500659", "title": "", "text": "Have you *seen* a Model S? Driven one? The car is beautiful even if it was gas. Once they reach production levels I believe it will sell like no other. And do you think Tesla is lacking demand? They have over 6000 PRE-ORDERS (they require a $5000 deposit, too). If this car was available non-preorder, I know multiple people that would be in the market for one (My father, for example, even said he would trade in his 110g+ AMG Mercedes for one, and he lives in Texas! The big oil state!). Not only that, they have drivetrain deals with Toyota and Daimler (maker of mercedes, etc). Who wouldn't get a Model S when the technology in it is far superior to a 5 series or 911 that's just electric. I don't even think electric is the main selling point, but that it's a vastly superior car (speed, handling, technology) than any others in it's price range. Also, a Boxster over a Model S? Really? And do you really think porsche, BMW or GM can catch up to 10 years of research and development by silicon valley engineers by the time they make the Model S and Model X fully available? Be realistic... developing a completely new kind of car takes many many years of development no matter how much money the company has. Everyone has doubted Tesla from day 1 and here we are ~10 years later and they are actually doing it."}
{"_id": "500661", "title": "", "text": "Well I'm a candidate so hopefully not. I see it as becoming like accountancy qualifications in most countries, becoming a mandatory requirement to be considered a professional in asset management. The universities are already making an effort to align their curriculums with the CFA program."}
{"_id": "500669", "title": "", "text": "Some of the costs you might incur include:"}
{"_id": "500671", "title": "", "text": "\"As a former debt collector myself, I can tell you that we did occasionally get someone claiming that they weren't who they really were. However, it was pretty obvious who was telling the truth after a while. Above all else, just be calm and polite. Technically, you can also say \"\"do not call this number again\"\" and they have to stop calling, but I wouldn't do this right off the bat. Its best if they are convinced that you aren't the guy they're looking for. Calmness and politeness are traits that debtors usually lack, sometimes because they are just normal people overwhelmed with their situation, and sometimes because they are irrational loser (sorry, but its true). Either way, if you are consistently calm and unconcerned about their threats, they will either give up or realize you aren't the guy. Eventually they will stop calling you (or at least I know I would have stopped calling you).\""}
{"_id": "500681", "title": "", "text": "Honestly, with the hours, it all comes down to wording. While doing your degree, you had group projects right? Especially in micro/macro, marketing etc. That is leading and directing a team to get a finished project (the assignment) or anything you did as an intern. There are tons of resources as to how to properly articulate your hours. Checkout out USAjobs.gov and type in budget analyst, financial analyst and see where it takes you. Look for jobs that are for all US citizens because you won't fall into the other categories."}
{"_id": "500684", "title": "", "text": "NY State schooler here. It is indeed who you know. Some of my better connected compatriots are in the IBDs of Goldman, JP, etc. They are brilliant but so are the harvards and yales that interviewed alongside them. It ultimately came down to speaking with people on a regular basis who can go up to bat for you. Even my back office finance internship was via a resume submission on behalf of my B-School's dean (Which I am eternally grateful for the vote of confidence on his part)   The programs them selves often don't matter. Hell, sometimes they like a good novelty (ala the juliard student in my intern class).   Example in point: Our tiny honors program churns us out with bloomberg certifications, extensive excel experience, and even a few models and pitches under our belts, which as I've gathered from my interactions with other interns, puts us a few steps ahead of the curve. But it's all for naught if we can't network our way into an interviewer's hot seat.   **tl;dr My point here is that if there is a will there is a way. Some times it just takes the will of a few others to create that way.**"}
{"_id": "500695", "title": "", "text": "There is the opportunity cost.  Let's say it cost you $1000 to buy 0.25% discount. Over N number of years that saves you let's say $2000 thus your profit is $1000. What if you took that $1000 and invested it? Would you have more than $2000 after N number of  years? Obviously answering this question is not easy but you can make some educated guesses. For example, you can compare the return you'll likely get from investing in CD or treasury bond. A bit more risky is to invest in the stock market but an index fund should be fairly safe and you can easily find the average return over 5 - 10 year period.  For example, if your loan is $200,000 at 0.25% per year you'll get $500 in savings. Over 10 years that's $5000 - $1000 to buy the point, you end up with $4000.  Using the calculator on this site, I calculated that if you invested in the Dow Jones industrial average between 2007 and 2017  you total return would have been 111% (assuming dividends are reinvested) or you would've had a total of $2110.  I'm not sure how accurate those numbers are but it seems likely that buying points is a pretty good investment if you stay in the house for 10 years or more."}
{"_id": "500701", "title": "", "text": "&gt;  and professionals in large cities; back-office white-collar in suburbs and/or smaller cities and production/manufacturing in rural areas.  Suburbs?  I can believe that.  Rural?  Not likely.  Difficult to recruit good employees to rural areas and the labor market is already very thin."}
{"_id": "500705", "title": "", "text": "\"First of all, it is absolutely **not** constitutional for any branch of the US government to outsource its primary functions to a private corporation.  But, more to your point, the constitution provides that \"\"no state shall make any thing but gold and silver coin a tender in payment of debts.\"\"  They will argue that Federal Reserve notes are unbacked, that taxes are voluntary, that Washington D.C. is not a state, that the FED is not private, or even (sometimes) that the gold standard is still in force.  But each of those is contradicted by their actions.\""}
{"_id": "500708", "title": "", "text": "Generally these things are unrelated. Your tax debt is to agency X, your license is (mostly) from agency Y. If your business involves agency X, then it may be a problem. For example, you cannot get a EA license (IRS Enrolled Agent) if you have unsettled tax debt or other tax compliance issues. You should check Michigan state licensing organizations if there are similar dependencies.  Also, some background checks may fail, and some state licenses require them to pass. For example, you can probably not get an active bar registration or a CPA license with an unsettled tax debt. You might have a problem with registering as a Notary Public, or other similar position. You can probably not work in law enforcement as a contractor. If you're on an approved payment plan - then your tax debt is settled unless you stop paying as agreed, and shouldn't be a problem."}
{"_id": "500715", "title": "", "text": "Were your classes at a community college? If they were, community colleges in california offer a program called Academic Renewal. It generally requires you to do well (above a certain gpa) for x amount of units (24 at my community college). That way you don't have to worry about that difficult year of your life affecting your ability to transfer. Best of luck!"}
{"_id": "500720", "title": "", "text": "But the question remains - even if it's optional, why would you take that option?  What advantage does this have over a ring, or badge, or keychain, or any of the zillion other things that can hold an RFID chip and don't need to be implanted?"}
{"_id": "500744", "title": "", "text": "\"Get an accountant. Now. There are many subtle things that you do not know especially if you are just starting with your own corporation. There is also an issue of corporate tax return that you will have to face pretty soon. You should be looking for accountant that does accounting for corporations, there are companies specializing in small business. I do not think you can \"\"just\"\" transfer money to your personal account. They have to be treated as dividends and treated as such for income tax purposes. Or, as you described, you may pay yourself a salary, but then you have to pay CPP and EI on top of that. When you pay yourself dividends your corporation will need to issue T5 slip for you (accountant will do that) that you will need to use when preparing personal tax return. If you pay yourself salary, corporation will need to give you T4  In terms of tax treatment, if we do not take RRSP contributions dividend tax treatment will leave little bit more money in your hands. I'd say if you have RRSP room and/or TFSA room, pay yourself dividends and then do contributions as you see fit, if you need RRSP room, pay yourself salary. TFSA room does not depend on the type of income, so if you have room there, consider filling it first.\""}
{"_id": "500751", "title": "", "text": "Regarding your specific types: If you can't part with anything, sure, scan them. Also, there are lots of opportunities to sign up for eStatements with just about any financial provider.  They want you to sign up for them, because it reduces their expenses. If you still like having paper around (I do admit that it's comforting in a way) then you can usually prune your paper a bit by statement (getting rid of T&C boilerplate, advertisements, etc.) or by consolidation (toss monthly when the quarterly consolidation statement arrives; toss the quarterly when the yearly arrives)."}
{"_id": "500755", "title": "", "text": "Set up a meeting with the bank that handles your business checking account. Go there in person and bring your business statements: profit and loss, balance sheet, and a spreadsheet showing your historical cash flow. The goal is to get your banker to understand your business and your needs and also for you to be on a first-name basis with your banker for an ongoing business relationship. Tell them you want to establish credit and you want a credit card account with $x as the limit. Your banker might be able to help push your application through even with your credit history. Even if you can't get the limit you want, you'll be on your way and can meet again with your banker in 6 or 12 months. Once your credit is re-established you'll be able to shop around and apply for other rewards cards. One day you might want a line of credit or a business loan. Establishing a relationship with your banker ahead of time will make that process easier if and when the time comes. Continue to meet with him or her at least annually, and bring updated financial statements each time. If nothing else, this process will help you analyze your business, so the process itself is useful even if nothing comes of it immediately."}
{"_id": "500761", "title": "", "text": "There are several concerns with this plan: The bank will look at the remaining student loans when determining how much you can afford in payments each month. If they do approve the loan they will want to have the check written to the student loan accounts as part of the closing process, otherwie you could have both sets of loans."}
{"_id": "500762", "title": "", "text": "The first question is low long will you wish to stray there? It costs of lot in legal changes other   changes plus taxes to buy and sell, so   if you are not going to wish to live   somewhere for at least 5 years, then I   would say that renting was better. Do you wish to be able to make changes? When you rent, you can\u2019t change   anything without getting permission   that can be a pain. Can you cope with unexpected building bills? If you own a home, you have to get it   fixed when it breaks, but you don\u2019t   know when it will break or how much it   will cost to get fixed. Would you rather do a bit of DIY instead of phone up a agent many times to get a small problem fixed? When you rent, it can often take many   phone calls to get the agent /   landlord to sort out a problem, if own   your home, out can do yourself. Then there are the questions of money that other people have covered."}
{"_id": "500769", "title": "", "text": "\"Pros for WHOM?  Cons for WHOM?  Whether the Federal Reserve is good or not really depends on WHO you are (i.e. where in the \"\"inflate/debase the money supply\"\" you are positioned, and how that affects your position in the debt/asset game).  Because the impacts of just about everything the Fed (or any central bank or government/cartel manipulated \"\"fiat\"\" money supply) does... affect you significantly different depending on where you are in regards to those things.\""}
{"_id": "500774", "title": "", "text": "One of the main criticisms made by product companies (especially publishers) of Amazon.com is that it violates the price floors on various products. When Amazon routinely sells products at a heavily discounted price, the product companies feel that the product gets devalued. Amazon has often been accused of anticompetitive behavior, because other retailers cannot compete with their discounts.  It's interesting that this article makes the exact opposite claim --- that the product companies are the ones who are anticompetitive."}
{"_id": "500776", "title": "", "text": "\"Monsanto: \"\"you could literally drink 10 gallons of glyphosate and you'd be perfectly fine! Trust us, we've done the studies!!\"\"  SeaWorld: \"\"we *only* care about the animals! No no no, we don't care at all about the profits. Seriously guys, double pinky swear!\"\"  The shilling is real.\""}
{"_id": "500794", "title": "", "text": "The terms of the offer are a contract, so they are applicable in determining whether it's fraud or not.  That said, your situation is not fraud, because fraud requires intentionality. Only the case where someone knew they were violating the terms of the offer (as with the story here) is fraud."}
{"_id": "500807", "title": "", "text": "\"It is if you want apps. The platform is stuck in a Catch-22, where people won't buy the phone because it has no apps, and devs won't make apps for it because no one is buying the phone. Windows 8 will probably ease the problem with its app store and presumed port channel, but given how MS has handled potential devs so far, the future is not bright. They should have been pursuing aggressively and digging into their massive warchest to basically throw money at devs to get hem on board and kick-start the ecosystem.  I personally couldn't give a crap about apps, as I just want my phone to  make and take calls, guide me with map directions, and let me Google quick bits of information on-demand. It's not a \"\"platform\"\" to me. It's a tool. But I'm apparently in the minority.\""}
{"_id": "500813", "title": "", "text": "In the US there is no set date. If all goes well there are multiple dates of importance. If it doesn't go well the budget process also may include continuing resolutions, shutdowns, and sequestrations."}
{"_id": "500815", "title": "", "text": "How much money do you have in your money market fund and what in your mind is the purpose of this money? If it is your six-months-of-living-expenses emergency fund, then you  might want to consider bank CDs in addition to bond funds as an alternative to  your money-market fund investment. Most (though not necessarily all, so be sure to check) bank CDs can be cashed in at any time with a penalty of three months of interest, and so unless you anticipate being laid off very soon, you might get a slightly better rate of interest, FDIC insurance (which mutual funds do not have), and with any luck you may never have to break a CD and lose the interest. Building a ladder of CDs with one maturing each month might be another way to reduce the risk of loss.  On the other hand, bond mutual funds are a risky bet now because your investment will lose value if interest rate go up, and as JohnFx points out, interest rates have nowhere to go but up.  Finally, the amount of the investment is something that you might want to consider before making changes. If you have $50K put away as your six-month fund, you are talking of $500 versus $350 per annum in changing to a riskier investment with a 1% yield from a safer investment with a 0.7% yield. Whether bragging rights at neighborhood parties are worth the trouble is something for you to decide."}
{"_id": "500836", "title": "", "text": "Call 09910006454 for Fully Furnished Office Space for Rent in Noida. Fully furnished office space for rent in noida is the smart choice for every corporate as it always reduces the Fixed investment cost of the Organization. If you take a fully furnished office space then in maximum cases the owner will furnish your office space as per your approved layout."}
{"_id": "500848", "title": "", "text": "The Gramm-Leach-Bliley Act was not repealed, it was approved. I think you mean that the Gramm-Leach-Bliley Act, among other things, repealed what was left of the Galss-Steagal Act of 1933 (there was another by the same name on 1932).  The issue is that soem regulations are enacted and some are repealed. The result during each of the last decades and by a big margin has been an increase of the regulations. And as I said by a big big margin. The rethoric of de-regulation is just political rethoric, it has not happened. Just check the government data.  Now, it can happen that some regulations dont matter much and some others matter a lot, so checking the number or size of the regulations, while it describes a tendency, can also be deceiving. But again, since the debate over de-regulation is political they only focus on slogans and not on real analisys.  So going back to the particular regulation you mention, the removal of Glass-Steagal Act was positive. If it had not been removed the crisis would have been far worse. If you are interested we can discuss why (I already wrote enough for one comment)."}
{"_id": "500856", "title": "", "text": "\"I've made excellent returns on XIV.    My \"\"foolproof\"\" strategy....When shit completely hits the fan and the vix is through the roof for a few days, buy, then sell a few weeks later.  XIV has been very kind to me in situations where everyone seems to overreact.\""}
{"_id": "500863", "title": "", "text": "Modern portfolio theory has a strong theoretical background and its conclusions on the risk/return trade-off have a lot of good supporting evidence.  However, the conclusions it draws need to be used very carefully when thinking about retirement investing.  If you were really just trying to just pick the one investment that you would guess would make you the most money in the future then yes, given no other information, the riskiest asset would be the best one.   However, for most people the goal retirement investing is to be as sure as possible to retire comfortably.  If you were to just invest in a single, very risky asset you may have the highest expected return, but the risk involved would mean there might be a good chance you money may not be there when you need it. Instead, a broad diversified basket of riskier and safer assets leaning more toward the riskier investments when younger and the safer assets when you get closer to retirement tends to be a better fit with most people's retirement goals.  This tends to give (on average) more return when you are young and can better deal with the risk, but dials back the risk later in life when your investment portfolio is a majority of your wealth and you can least afford any major swings.  This combines the lessons of MPT (diversity, risk/return trade-off) in a clearer way with common goals of retirement. Caveat:  Your retirement goals and risk-tolerance may be very different from other peoples'.  It is often good to talk to (fee-only) financial planner."}
{"_id": "500877", "title": "", "text": "If you want one of the best Strip Club Tampa from Clearwater to Sarasota and Lakeland, Emperors Tampa gives the entire Tampa Bay area the hottest experience. We are proud of our gorgeous topless women who display nothing but class and beauty, both on and off the stage. Their impressive dance routines are choreographed to get viewers\u2019 blood pumping."}
{"_id": "500882", "title": "", "text": "Driving School Solihull provides professional instructors, both male and female, that pass plus and ADI registered. These instructors assure you to pass a driving exam in safe and fast manner. And that is what all beginners need. We need to know all the twist and turns of driving but not in the way that we will consume so much time. That is what the Driving School Solihull will provide you and that is also what made them as one of the leading driving school!"}
{"_id": "500883", "title": "", "text": "\"I personally believe if one (average) income could support the needs of a family (nothing extravagant) and the parents had options (instead of only one of the parents having the ability to work for an income that supports a family) it would be better. At the micro view, there would be less grudges and more time for family. I feel bad now bc I'm stretched so thin I don't even have time to watch a tv show with our kids during the week.   In our situation, my husband never finished school (his mom let him drop out in the 7th grade) so his work options are very limited. He has had to work out of town jobs since before we started dating. I graduated high school but due to having kids early, I put off college. Because of the expense of daycare, I stayed at home with the kids for about 5 years. The plan is I get my degree next fall, get a decent paying job to support the family  and he can figure out what he wants to do as a career and be able to pursue it without having the pressure of HAVING to make an income to support a family. I have been nudging him to at least get an online high school diploma in the mean time but I think he is self conscious and scared he can't do it. We aren't the \"\"Keeping up with the Jones\"\" kind of people. I'm just trying to reach some goals and be financially stable and not worry about if we have enough money in the bank for bills or if the car breaks down if we are screwed.   A teacher's job is very time consuming so it definitely will be a challenge if you don't work a job that allows you to help out. At my internship this summer the CFO was able to just leave and bring his daughter to work whenever he needed to. That luxury is not afforded to many.   Also on a side note- when you have kids, please make an effort to take your paternity leave if your job offers it. You deserve it! Employees shouldn't feel bad for taking the benefits their company offers. Gender equality ftw!\""}
{"_id": "500899", "title": "", "text": "\"Accretive means additive. When someone says \"\"accretive to EPS\"\" it means that it should theoretically add to EPS. The problem is that the models they're using to determine pro forma EPS are filled with bullshit assumptions that may or may not reflect reality. I remember working on merger models as a young analyst and having my MD tell me on multiple occasions \"\"those accretion numbers aren't good enough, play with the assumptions\"\"\""}
{"_id": "500903", "title": "", "text": "If you are providing VAT-liable services (you probablly are) and you register normally for VAT then you will be able to reclaim VAT on your buisness purchases but you will have to charge VAT to your clients. So the question really comes down to will your clients regard you adding VAT to their invoices as a price increase or not. That is likely to depend on whether your clients are in a position to claim-back the VAT you charged them. If you are working mostly for VAT registered buisnesses who perform primerally vat-liable (including zero-rated) activities then registering for VAT is likely in your financial interests (though it does mean more paperwork). The flat-rate scheme may be better still. If you are working mostly for private individuals, non VAT registered buisnesses or buisnesses which primerally perform VAT exempt* activities then registering for VAT when you don't have to is most likely not in your financial interests. * Note: VAT exempt and zero rated for VAT are very different things even though they look similar to the customer."}
{"_id": "500911", "title": "", "text": "\"&gt; Medicare Part-D is not Trump fault, for, at least, the last 8 years.  I never said it was.  &gt; Trump wants the national health care system to work, cheaper and better.  I never said he didn't.  &gt; But, still, you have to be against Trump despite him yet to do anything about this...  I never said I was against him because of his inaction on Medicare Part-D.  &gt; ...and not able to do anything because of Democrats and some betraying Republicans.  I never said his inability to pass a bill was an issue.  &gt; Global Warming, is the exact same thing. Not Trump fault.  I never said it was.  &gt; The Paris Accords are not fair to the USA...  I never said they were.  &gt; Trump is not against anything that reduce pollution and emissions.  I never said he was.  &gt; So on one hand you say technology will not stop \"\"global warming\"\"...  That is not what I said.  &gt; ...on the other hand you want to use technology to stop \"\"global warming\"\".  I never said I did.  &gt; If global warming is man-made, then technology caused it and technology will solve it.  That's just dumb. \"\"Ice cream made me fat and ice cream will make me skinny again!\"\"  &gt; Trump is against stopping pollution and emissions?  I never said he was.  &gt; Or, again, you just concentrate on the terrible Paris Accords rejected by Trump?  I mentioned them once.  You are the one who keeps bringing them back up.   Wow, you will toss any claim my direction and totally misrepresent my position in an attempt to defend President Trump.  You can not stay on topic to save your life. Let me try using your own discussion tactic to help you.  1) [Did President Trump say he thought Medicare Part-D should use its market share to negotiate drug prices, enter a room with executives from the pharmaceutical industry, and then come out saying he now opposed Medicare doing so](http://www.chicagotribune.com/business/ct-trump-drug-costs-20170202-story.html)?  Yes or no?  2) Has President Trump created, championed, or even backed any policy that would require the United States to take active steps to prepare for the upcoming problems caused by global warming?  Yes or no?\""}
{"_id": "500913", "title": "", "text": "The law says that you cannot make a contribution (whether tax-deductible or not) to a Traditional IRA for any year unless you (or your spouse if you are filing a joint tax return) have taxable compensation (income earned from the sweat of your brow such as wages, salary, self-employment income, commissions on sales, and also alimony or separate maintenance payments received under a divorce decree, etc) during that year, and you will not be 70.5 years old by the end of the year for which you are making the contribution. The contribution, of course, can be made up to Tax Day of the following year, and is limited to the lesser of the total compensation and $5500 ($6500 for people over 50).  Assuming that you are OK on the compensation and age issue, yes, you can make a contribution to a Traditional IRA for an year in which you take a distribution from a Roth IRA. Whether you can deduct the Traditional IRA contribution depends on other factors such as your income and whether or not you or your spouse is covered by a workplace retirement plan."}
{"_id": "500914", "title": "", "text": "I think examining the effects and potential implications of China's involvement with the stock market may be productive. Some interesting examples would be the failed market circuit breakers and the restrictions of short-selling in 2016.  Not sure that this would qualify as a real topic, but may give you food for thought."}
{"_id": "500946", "title": "", "text": "First, don't owe (much) money on a car that's out of warranty.  If you have an engine blow up and repairs will cost the lion's share of the car's bluebook value, the entire car loan immediately comes due because the collateral is now worthless.  This puts you in a very miserable situation because you must pay off the car suddenly while also securing other transportation!  Second, watch for possible early-payment penalties.  They are srill lokely cheaper than paying interest, but run the numbers.  Their purpose is to repay the lender the amount of money they already paid out to the dealer in sales commission or kickback for referring the loan.  The positive effects you want for your credit report only require an open loan; owing more money doesn't help, it hurts.  However, interest is proportional to principal owed, so a $10,000 car loan is 10 times the interest cost of a $1000 car loan.  That means paying most of it off early can fulfill your purpose. As the car is nearer payoff, you can reduce costs further (assuming you cna handle the hit) by increasing the deductible on collision and comprehensive (fire and theft) auto insurance.  It's not just you paying more co-pay, it also means the insurance company doesn't have to deal with smaller claims at all, e.g. Nodody with a $1000 deductivle files a claim on an $800 repair.  If the amount you owe is small compared to its bluebook value, and within $1000-2000 of paid off, the lender may be OK with you dropping collision and comprehensive coverage altogether (assuming you are).  All of this adds up to paying most of it off, but not all, may be the way to go. You could also talk to your lender about paying say, 3/4 of it off, and refinancing the rest as a 12-month deal."}
{"_id": "500970", "title": "", "text": "For simplistic reasons, having more transistors for the same price means that the price per calculation goes down. Therefore, saving money. I can render mandelbrot realtime whereas 30 years ago it would take all day for low quality.. if this is the reason I bought a computer solely I would consider I had gotten a much much better deal now. Expecially if I bought a computer from five years ago that can do the same thing and it ends up being cheaper overall and able to produce many times greater."}
{"_id": "500985", "title": "", "text": "All unsubstantiated opinions.   &gt;there is no such thing as a relation between any interest rates and the cost to service the loans  Really. No relation whatsoever? And your background in finance letting you understand this is what?  Are you telling me every bank of the [7,213](http://www2.fdic.gov/idasp/) independent banks are in cahoots and none of them compete based on prices and services?  Can you give me precise evidence that all those independent banks are not in competition? What should the price be for capital if the current prices are incorrect, and tell me why."}
{"_id": "500986", "title": "", "text": "\"This is always a judgement call based on your own tolerance for risk.  Yes, you have a fairly long time horizon and that does mean you can accept more risk/more volatility than someone closer to starting to draw upon those savings, but you're old enough and have enough existing savings that you want to start thinking about reducing the risk a notch. So most folks in your position would not put 100% in stocks, though exactly how much should be moved to bonds is debatable. One traditional rule of thumb for a moderately conservative position is to subtract your age from 100 and keep that percentage of your investments in stock. Websearch for \"\"stock bond age\"\" will find lots of debate about whether and how to modify this rule. I have gone more aggressive myself, and haven't demonstrably hurt myself, but \"\"past results are no guarantee of future performance\"\". A paid financial planning advisor can interview you about your risk tolerance, run some computer models, and recommend a strategy, with some estimate of expected performance and volatility. If you are looking for a semi-rational approach, that may be worth considering, at least as a starting point.\""}
{"_id": "501002", "title": "", "text": "Lowe's is closer to me, but Menard's tends to have better prices or frequent sales that draw me in. We have Lowe's, HD and Menard's all within 5 minutes of my house, with the Menard's and HD being less than a mile apart. Menard's seems to be about twice the size of the other two stores, plus their lumber yard and in-stock materials is unmatched.  The only complaint I've really seen about Menard's is that they don't offer a military discount like Lowe's and HD do."}
{"_id": "501015", "title": "", "text": "Thanks for the response - ok so maybe the funds could be partially crowd-sourced and partially funded by an accredited investor?  Also yes - having an experienced adviser and a plan in place to replace existing directors sound like good plot devices.  There doesn't really have to be a limitation to banks, the idea comes from the protagonists being upset with the status quo of banking practices (foreclosures, fees, investing in weapons/warzones etc.)  what would you suggest?"}
{"_id": "501024", "title": "", "text": "I do not think it is work ethic.  I think the issue is people just do not have a choice but to do whatever their employer wants.  If everyone was say rich then they could just tell their employer to F*** Off.  Or if the USA had a strong economic safety net then people could tell their boss to F*** Off.  But since the USA does not then the people are just wage slaves.  I think the work ethic in other countries is more extreme than the USA but those nations people do tell their employer to get lost."}
{"_id": "501032", "title": "", "text": "From Wikipedia -  To calculate the value of the S&P 500 Index, the sum of the adjusted   market capitalization of all 500 stocks is divided by a factor,   usually referred to as the Divisor. For example, if the total adjusted   market cap of the 500 component stocks is US$13 trillion and the   Divisor is set at 8.933 billion, then the S&P 500 Index value would be   1,455.28. From a strictly mathematical perspective, the divisor is not canceling out the units, and the S&P index is dollar denominated even though it's never quoted that way. A case in point is that the S&P is often said to have a P/E, and especially an E, the earnings attributed to one 'unit' of S&P. And if you buy a mutual fund sporting a low expense ratio, you can invest exactly that much money (the current S&P index value) and see the dividends accrue to your account, less the fee."}
{"_id": "501035", "title": "", "text": "\"Only a Cuck would take the words of /u/AlwaysThoughtful over the claims of NeoNazi leadership. They even said \"\"we were not specifically condemned. That's good\"\".  When professional racists endorse Donald Trump, support Donald Trump, and want to work with Donald Trump... and he does nothing to condemn them (and walks back what little condemnation he publicly made on Twitter as \"\"they made me read a statement.\"\")... yeah. Definitely no connection there.   Trumptards really are the bots from Westworld. They can't see anything dear leader didn't program them to see.\""}
{"_id": "501038", "title": "", "text": "You encountered a quite common scam: You are supposed to perform a job, they send you a check for too much money, and you are supposed to pay them some money back. Ten weeks later the check bounces and your money is gone.  That's these people's job. They do this all day long. The success rate isn't very high, so they are busy doing this all day. These scammers might have your name and address, but if that is all there is, they can get names and addresses of 100s of people by using the phone book, and they don't.  I wouldn't say that it is impossible to turn your name and address into money, but it is hard work. So it is quie unlikely to happen."}
{"_id": "501056", "title": "", "text": "Trading is NOT zero-sum game, it is negative sum actually. In fact all people's money is getting swept by commissions and fees. If you don't have The Plan (which includes minimizing commission losses), you win some (not a lot), then you get big positions, then market crashes, then all your money is gone.  You will start noticing that commissions are real, only when you get market crash. Prey that you get heavy losses (-10% of portfolio) before some (giant) market crash. Getting good lesson by small price is better then high price (-30..50%). Piece of advice. There is small exchanges that do NOT charge you for operations, taking only market spread ($0.01) as commission. They do so because they do not have big population and they trade mostly by using automatic market-makers (which means there is no way to buy 10% of Apple there)."}
{"_id": "501060", "title": "", "text": "I suppose but it's probably all handled by the individual payment operators, not ck Louis. For instance, several online merchants I go to have their own payment system PLUS PayPal PLUS google checkout, and sometimes even instructions for check payment or something. I can imagine dwolla fitting in the list."}
{"_id": "501074", "title": "", "text": "\"As a human being, you don't exist in a \"\"field\"\". You have all sorts of different skills and interests. You're useful. Go find someone who needs knowledge you have, and do it for free if you can't make money on it. Then you're a consultant.\""}
{"_id": "501077", "title": "", "text": "&gt; People don't want data caps and throttling.  People have been lulled into the notion that a faucet in their home entitles them to all the water they want.  That appears to be the argument you're making here.  &gt;But your argument hurts my brain.  That's a douchey comment.  Get over yourself."}
{"_id": "501081", "title": "", "text": "\"&gt;\"\"We used to think that high profits were a sign of the successful working of the American economy, a better product, a better service. But now we know that higher profits can arise from a better way of exploiting consumers...\"\"  It feels like they've gotten that down to a science and that life has become navigating a bureaucracy of pickpockets.\""}
{"_id": "501089", "title": "", "text": "\"My statement: &gt;If you slowed production, maybe you could prevent wealth from collecting in a few hands so quickly? Wouldn't that be a \"\"weaker economy\"\" rather than a \"\"stronger economy\"\"?  Your response:  &gt;No one's arguing that. Straw man. What people really want to see is policy reform to give labour better compensation.  That's the only option though. In a market economy, capital collects in the hands of a few. It's inevitable because capital is capable of making capital all by itself. If you want to slow that down, then you have to add in more aspects of a planned/socialist economy. Or, you have to slow production so that capital doesn't pool together so quickly. Inadvertently, planned/socialist policies will slow production too.  You're obsessed with money. Money is only a form of debt security. At the end of the day, you have to analyze an economy by how it answers a few questions:   * What goods and services should be produced and in what quantities?  * How should goods and services be produced? That is, by who and with what resources and technologies?  * For who should goods and services be produced? That is, who is to enjoy the benefits of the goods and services and how is the total product to be distributed among individuals and groups in the society?  According to these three maxims that an economic system must have answers for, the current economic system is doing quite well. Versus any era, the answers that present day has are equal or better.   The only era you can claim as superior is this 20 year period immediately after WW2 when the USA became far wealthier than any other nation in the world. That was a \"\"honeymoon\"\" period in this economy that had nothing to do with economic policy. That was simply us being rich because every other country became poor.  Moreover, after WW2, the USA population was half of what it is today. Same size pie, smaller slices. Pies (aka total amount of resources) don't magically change sizes when populations grow. It was for this very reason that people in the 1500s were desperate to find new land like the Americas; Europe was getting overcrowded.\""}
{"_id": "501090", "title": "", "text": "That is, again, very shortsighted if you.  If you can quantify an influence, or give it good enough boundaries to account for the non-quantifiable, you can develop a much better system.  Capitalism is imperfect both because perfect Capitalism can NEVER exist, and because Capitalism fails to account for its oppositional forces, most easily seen in the more \u201cfeeling\u201d side of life, but also evident in the very fact that we are having this disagreement.  You bring up Brownie Points again, which makes me think you only have two views:  The way you were fed, guessing Staunch Republican, and the way you were told everyone else was bad: Touchy Feely, Special Snowflake, Brownie Points and Participation Trophies.  All of that means you haven\u2019t actually thought for YOURSELF!  Otherwise it would be obvious that all these views are incorrect.  Democrats, Republicans, and Libertarians all have it wrong because they are more interested in telling others how wrong they are than really looking at the problem.  Gods forbid they even slightly agree with the other side on anything!  We have a REAL trust issue here, between all sides.  And a lot of that stems from this false idea that people are innately selfish. Selflessness of any form could not emerge from a purely selfish source.  But I\u2019ll be damned if there is any way to prove anything is selfless."}
{"_id": "501095", "title": "", "text": "Civil &amp; Infrastructure recruitment is an inexplicable part of the modern day.Civil &amp; Infrastructure Recruitment is now evolving towards the advanced technologies andAJEETS will assists you in getting the right employers across Sri Lanka, Philippines, Nepal, Bangladesh, Bahrain to have a better career."}
{"_id": "501107", "title": "", "text": "Buying assets doesn't affect your profit, because the money stays on your balance sheet as capital assets instead of cash in bank (unless your tax authorities let you report your accounts on a cashflow basis, which for example they do for very small businesses in the UK). You need to actually spend the money on something you can't turn back to cash later for it to reduce your profit."}
{"_id": "501118", "title": "", "text": "That would be fine, if yelp didnt as well hide positive reviews unless you pay them a monthly fee.  They are evil for doing that.  Imagine if amazon products only showed negative reviews unless you paid to have positive ones show too."}
{"_id": "501138", "title": "", "text": "Do you have unwanted hair in different parts of your body? With Mallucci London\u2019s hair removal services, you can easily remove them. By using laser light in getting rid of hair follicles, they can accomplish the procedure rapidly while delivering efficient results. To learn more about this amazing process, log on to their website right now at mallucci-london.com."}
{"_id": "501139", "title": "", "text": "We are here to provide you Exhaust Fans with Energy Efficiency. Generally most of the people don\u2019t pay much attention to bathroom exhaust fans until the boogers and cobwebs are hanging half way down to the commode. When the fan is switches on, energy efficiency is lost and the exhausting power of the fan is reduced to almost nothing."}
{"_id": "501148", "title": "", "text": "If a separation agreement is already entered into, this will be family law legislation in Australia that any agreement made between two former partners must be partners are not coerced into entering unfair agreements and also to ensure one partner. For more details visit our site lawyerslegalformsanddocuments.com"}
{"_id": "501150", "title": "", "text": "Calculate your effective income per day (after taxes) and calculate the prize of everything per day. This lets you easily compare your rent with other (smaller) expenses. It's easy to say that if you stay below your income every day you will save money. It also helps to know how much freely spendable money you have each day (money after taxes, rent, bills etc.). Let the days were your expenses are higher than your income be scarce and know how many days you need to work and save to afford something."}
{"_id": "501153", "title": "", "text": "\"From How are indexes weighted?: Market-capitalization weighted indexes (or market cap- or cap-weighted   indexes) weight their securities by market value as measured by   capitalization: that is, current security price * outstanding shares.   The vast majority of equity indexes today are cap-weighted, including   the S&P 500 and the FTSE 100. In a cap-weighted index, changes in the   market value of larger securities move the index\u2019s overall trajectory   more than those of smaller ones. If the fund you are referencing is an ETF then there may be some work to do to figure out what underlying securities to use when handling Creation and Redemption units as an ETF will generally have shares created in 50,000 shares at a time through Authorized Participants. If the fund you are referencing is an open-end fund then there is still cash flows to manage in the fund as the fund has create and redeem shares in on a daily basis. Note in both cases that there can be updates to an index such as quarterly rebalancing of outstanding share counts, changes in members because of mergers, acquisitions or spin-offs and possibly a few other factors. How to Beat the Benchmark has a piece that may also be useful here for those indices with many members from 1998: As you can see, its TE is also persistently positive, but if anything   seems to be declining over time. In fact, the average net TE for the   whole period is +0.155% per month, or an astounding +1.88% pa net   after expenses. The fund expense ratio is 0.61% annually, for a   whopping before expense TE of +2.5% annually. This is once again   highly statistically significant, with p values of 0.015 after   expenses and 0.0022 before expenses. (The SD of the TE is higher for   DFSCX than for NAESX, lowering its degree of statistical   significance.) It is remarkable enough for any fund to beat its   benchmark by 2.5% annually over 17 years, but it is downright eerie to   see this done by an index fund. To complete the picture, since 1992 the Vanguard Extended Index Fund   has beaten its benchmark (the Wilshire 4500) by 0.56% per year after   expenses (0.81% net of expenses), and even the Vanguard Index Trust   500 has beaten its benchmark by a razor thin 0.08% annually before   (but not after) expenses in the same period. So what is going on here? A hint is found in DFA's 1996 Reference   Guide: The 9-10 Portfolio captures the return behavior of U.S. small company stocks as identified by Rolf Banz and other academic   researchers. Dimensional employs a \"\"patient buyer\"\" discount block   trading strategy which has resulted in negative total trading costs,   despite the poor liquidity of small company stocks. Beginning in 1982,   Ibbotson Associates of Chicago has used the 9-10 Portfolio results to   calculate the performance of small company stocks for their Stocks,   Bonds, Bills, and Inflation yearbook. A small cap index fund cannot possibly own all of the thousands of   stocks in its benchmark; instead it owns a \"\"representative sample.\"\"   Further, these stocks are usually thinly traded, with wide bid/ask   spreads. In essence what the folks at DFA learned was that they could   tell the market makers in these stocks, \"\"Look old chaps, we don't have   to own your stock, and unless you let us inside your spread, we'll   pitch our tents elsewhere. Further, we're prepared to wait until a   motivated seller wishes to unload a large block.\"\" In a sense, this   gives the fund the luxury of picking and choosing stocks at prices   more favorable than generally available. Hence, higher long term   returns. It appears that Vanguard did not tumble onto this until a   decade later, but tumble they did. To complete the picture, this strategy works best in the thinnest   markets, so the excess returns are greatest in the smallest stocks,   which is why the positive TE is greatest for the DFA 9-10 Fund, less   in the Vanguard Small Cap Fund, less still in the Vanguard Index   Extended Fund, and minuscule with the S&P500. There are some who say the biggest joke in the world of finance is the   idea of value added active management. If so, then the punch line   seems to be this: If you really want to beat the indexes, then you   gotta buy an index fund.\""}
{"_id": "501157", "title": "", "text": "\"I've been doing a bunch of Googling and reading since I first posed this question on travel.SE and I've found an article on a site called \"\"thefinancebuff.com\"\" with a very good comparison of costs as of September 2013: Get the Best Exchange Rate: Bank Wire, Xoom, XE Trade, Western Union, USForex, CurrencyFair by Harry Sit It compares the following methods: Their examples are for sending US$10,000 from the US to Canada and converting to Canadian dollars. CurrencyFair worked out the cheapest.\""}
{"_id": "501163", "title": "", "text": "Use Online banking, or open an account with the bank within WalMart.  Then you can use ATMs, wherever."}
{"_id": "501189", "title": "", "text": "Khan academy videos are really good. You should start to read the tutorials for beginners on investopedia.com. Additionally, you should keep yourself informed about the current finance related events. I would suggest reading the wall street journal and watch Bloomberg TV on their website."}
{"_id": "501200", "title": "", "text": "I hope that Susan Mouldin, Chief Information Security Officer at Equifax, will totally retire, and not, god forbid, use her talents at Music Composition which she studied for her bachelor and master's degrees.   Obviously she was no good in composing music, so she has to get another career in Information Security at Equifax."}
{"_id": "501206", "title": "", "text": "I know very well how my local government works, and you either don't or are being disingenuous. At the state level, New York is split between Democrats and Republicans, with the Republicans almost always in control of the state Senate, and controlling the Governor's office for 10 of the last 20 years. So it doesn't matter that Republicans haven't won in New York City at the State level, since the State Government is mostly evenly split between Democrats and Republicans in terms of control."}
{"_id": "501209", "title": "", "text": "This article is very one-sided and absolutist. It also pulls the struggles from one industry and uses that as a basis to declare resumes are a useless part of the hiring process in general. What works for a Tech start up doesn't work for someone hiring a nurse or an accountant or a salesperson.   Most egregious is that this article completely ignores the point of a resume. Of course anyone using a resume to make a hiring decision will see poor results. A resume is there to be able to pare down your candidate pool to see who you are interested to bring in for interviews and eventually assessments to learn more about them.   It is also pretty easy to verify employment history with a single call or services like The Work Number. You can provide assessments and ask interview questions to see if someone really knows the information they claim to know on a resume.   In order to remove the resume from the hiring process, you have to solve the issue of being able to easily and effectively narrow down a pool of applicants while having a tangible summary of education, experience, skills, etc. Online methods of eliminating applications by keywords have shown to exclude highly qualified candidates. Until such a method is discovered, the resume is still by far the best took to summarize a candidate, and to decide who you want to learn more about."}
{"_id": "501214", "title": "", "text": "This will work as intended, but there's another point to consider. In the US, the tax rate on proceeds from stock sales is higher for short term holdings, which are defined as held for less than one year. Both rates vary based on your income. Bracket numbers are for fiscal year 2014, filing as single. The difference between short and long term capital gains tax in the US is a minimum of ten percentage points, and works out to 15 percentage points on average. This is substantial. If you won't be reporting much income the year you move to the US (say because you only worked for a portion of the year) it is decidedly to your advantage to wait and sell the stocks in the US, to get that sweet 0% rate. At a minimum, you should hold the position for a year if you sell and rebuy, from a tax optimization perspective. Two caveats:"}
{"_id": "501230", "title": "", "text": "How? Basically all banks nowadays allow online deposits from a smartphone - you take a picture from the front and back of the check, and submit it, and that's it. You still have the paper check, and it looks pristine, but it is deposited (and the paper is worthless)."}
{"_id": "501245", "title": "", "text": "This is not an answer to all of your questions but merely an eleaboration on one of your comments: Are there any other areas in the UK that would return rental yields   much above 10% net?   Shares. I could withdraw the money and buy shares for the dividend income, but it is hard to choose shares that yield more than about 6% and they are volatile. I wrote a post about using shares to invest a pension pot. http://www.sspf.co.uk/blog/016/ You may find it of some interest. Of course, the investing would take place within the pension 'wrapper' so you'd only be paying tax on the income taken out each year. The other alternatives you mention suggest paying for the expertise and time of an IFA would be a very economical decision. \u00a31,000 to best use \u00a3150,000 seems a bargain to me. Some of the avenues you mention seem very risky from my understanding so someone to determine your tolerances and propose a holistic solution is a good path forward. Best wishes!"}
{"_id": "501271", "title": "", "text": "Maybe, but other companies have done similar things to purposely destroy wages at recessions.    And since Gates isn't at a paternalistic command now, I expect Microsoft to get naturally more exploitative as the business class replace engineer/programmer-managers."}
{"_id": "501276", "title": "", "text": "\"Not cumulative volatility. It's cumulative probability density. Time value isn't linear because PDFs (probability distribution function) aren't linear. It's a type of distribution e.g. \"\"bell-curves\"\") These distributions are based on empirical data i.e. what we observe. BSM i.e. Black-Scholes-Merton includes the factors that influence an option price and include a PDF to represent the uncertainty/probability. Time value is based on historical volatility in the underlying asset price, in this case equity(stock). At the beginning, time value is high since there's time until expiration and the stock is expected to move within a certain range based on historical performance. As it nears expiration, uncertainty over the final value diminishes. This causes probability for a certain price range to become more likely.  We can relate that to how people think, which affects the variation in the stock market price. Most people who are hoping for a value increase are optimistic about their chances of winning and will hold out towards the end. They see in the past d days, the stock has moved [-2%,+5%] so as a call buyer, they're looking for that upside. With little time remaining though, their hopes quickly drop to 0 for any significant changes beyond the market price. (Likewise, people keep playing the lottery up until a certain age when they're older and suddenly determine they're never going to win.)  We see that reflected in the PDF used to represent options price movements. Thus your time value which is a function of probability decreases in a non-linear fashion.  Option price = intrinsic value + time value At expiration, your option price = intrinsic value = stock price - strike price, St >= K, and 0 for St < K.\""}
{"_id": "501290", "title": "", "text": "On the statement it now tracks how much is contributed to the account   pre and post tax. This is the key. Your withdrawals will be proportional. Assuming you have contributed 90% in regular contributions (pre-tax) and 10% in Roth (post tax), when you withdraw $1000, it will be $900 from the regular (taxed fully) and $100 from the Roth (not taxed, assuming its a qualified distribution). Earnings attributed proportionally to the contributions. I agree with you that it is not the best option, and would also prefer separate accounts, but with 401k - the account is per employee. Instead of doing 401k Roth/Non-Roth consider switching to Regular 401k and Roth IRA - then you can separate the funds easily as you wish."}
{"_id": "501307", "title": "", "text": "&gt;Going to have to stop you right there. Most Fortune 500 companies pay a LOT of tax. Additionally, they get targeted for audits quite a bit because of their size and complexity. But at the end of the day, if it shows a net profit on their income statement, they're generally paying tax.  True, but they make an effort to create a structure that compartmentalizes profits and maximizes expense. Income tax is a real thing, but it's not the primary vehicle of taxation that some people think it it. They pay more in other taxes, like payroll, social security and other kinds of tax.  &gt;A progressive scale for capital gains will just lead to high-income individuals transferring the form of income to something else.  You're probably right."}
{"_id": "501308", "title": "", "text": "its kind of a mid 20s and older thing now, as younger people have all moved onto or rather have grown up with ways of communicating that were invented after the messenger. and so it remains a weird thing. it is also popular autside the us, as there were a lot of users all around the world looking for ways to talk to their friends"}
{"_id": "501330", "title": "", "text": "\"PayPal has a very generous buyer protection program.  That means that the buyer can dispute receiving the goods and get their money back fairly easily (compared to credit cards).  For this reason Craigslist and other sites recommend not accepting PayPal  payments.  I know that many transactions go through them flawlessly.  But unless I really trust someone, PayPal would not be an option for me unless it was the money transfer (different rules; not as easy to get the money back).  However this may be breaking PayPal Terms of Service so I would read them carefully before I went this route.   There have been reports of PayPal putting extended holds on funds and effectively seizing the money by refusing to release the funds.  I have never had this happen (though I did have a sale on eBay reversed though the item was never returned) but there are many reports of it on the Internet. As far as the BoA option I would contact them and see what they recommend. I would find out what their policies are on reversing the transfers and on providing your account number.  They may have a special deposit-only account number you could provide the buyers.  But I would want to learn as much about the system as I could before I started using it.   The Internet has turned the old adage of \"\"buyer beware\"\" into \"\"seller beware\"\".  There are many schemes that con artists have come up with to defraud unsuspecting sellers.  I received several offers from people wanting to pay me with a cashiers check for a few items I recently sold on Craigslist.  It is scary how prevalent these fraudsters have become.\""}
{"_id": "501354", "title": "", "text": "I would say it would be even more universally empowering. An implant or a retrovirus or whatever the vector of this theoretical enhancement would have exactly the same effect on a disadvantaged kid from below the poverty line as it would on Young Master Moneybags the Umpteenth, Esquire. With education, you've got all the nebulous factors of tutors, pre-schooling, environment, peer groups, diet, general health, and so on, the vast majority of which add up to the blueblood having the educational advantage over the scholarship kid even if they attent the same classes at the same schools."}
{"_id": "501361", "title": "", "text": "PA local taxes are a little tricky at times, but they do have resources to help taxpayers out. The link below is a good place to start, it provides a step by step guideline to go about your local taxes.  The Address search application will tell you which locals you would need to file returns with as well as the tax rates. There are links at the bottom of the page with links to the forms and instructions. The forms are relatively easy to fill out. Act 32 For Employees/Self-Employed"}
{"_id": "501372", "title": "", "text": "If you get selected for exercise, your broker will liquidate the whole position for you most likely Talk to your broker."}
{"_id": "501376", "title": "", "text": "\"Can't declare bankruptcy isn't the same as \"\"can't default\"\".  Bankruptcy is a specific legal process for discharging or restructuring debts.  If Illinois can't declare bankruptcy, that means it will still owe you the money for the bonds no matter what, but it doesn't guarantee that it will actually pay you what it owes. If Illinois should run out of money to pay what's due on its bonds, then it will default.  Unlike the federal government, Illinois can't print money to make the payments.\""}
{"_id": "501384", "title": "", "text": "\"This is only a partial answer to your question #1. If you have a conservative approach to savings (and, actually, even if you don't), you should not invest all of your money in any single industry or product.  If you want to invest some money in oil, okay, but don't overdo it. If your larger goal is to invest the money in a manner that is less risky but still more lucrative than a savings account, you should read up on personal finance and investing to get a sense of what options are available.  A commonly-recommended option is to invest in low-cost index funds that mirror the performance of the stock market as a whole.  The question of \"\"how should I invest\"\" is very broad, but you can find lots of starting points in other questions on this site, by googling, or by visiting your local library.\""}
{"_id": "501394", "title": "", "text": "Feel free to link to any research that supports his claims, I'll read it. And since Google isn't unionized, he doesn't really have much legal recourse. He can sue, but it's unlikely he'll win. More likely is that Google could be successfully sued if they continued to employ him and he exposed them to any kind of harrassment claims."}
{"_id": "501395", "title": "", "text": "\"Those who say a person should invest in riskier assets when young are those who equate higher returns with higher risk. I would argue that any investment you do not understand is risky and allows you to lose money at a more rapid rate than someone who understands the investment. The way to reduce risk is to learn about what you want to invest in before you invest in it. Learning afterward can be a very expensive proposition, possibly costing you your retirement. Warren Buffet told the story on Bloomberg Radio in late 2013 of how he read everything in his local library on investing as a teenager and when his family moved to Washington he realized he had the entire Library of Congress at his disposal. One of Mr. Buffett's famous quotes when asked why he doesn't invest in the tech sector was: \"\"I don't invest in what I do not understand.\"\". There are several major asset classes: Paper (stocks, bonds, mutual funds, currency), Commodities (silver, gold, oil), Businesses (creation, purchase or partnership as opposed to common stock ownership) and Real Estate (rental properties, flips, land development). Pick one that interests you and learn everything about it that you can before investing. This will allow you to minimize and mitigate risks while increasing the rewards.\""}
{"_id": "501403", "title": "", "text": "I don't suppose you  could keep it in your pocket and just spend it? That's what I do."}
{"_id": "501407", "title": "", "text": "It's income. Create an income account for it, or use a broader \u201cmiscellaneous income\u201d account, depending on how precise you want to be."}
{"_id": "501418", "title": "", "text": "Noosaville accommodation in one of Australia's most beautiful and popular holiday locations. Townhouses set in lush gardens just 80 metres from the Noosa River and Pelican Beach. Enjoy the relaxing quiet of the river and beach, with fishing, swimming, sailing and surfing, or the excitement of Noosa itself with its shops, restaurants and activities."}
{"_id": "501432", "title": "", "text": "The answer to this question is very different depending on the type of item.  From a purely financial perspective you would want to answer these questions which you may not have enough information to answer: Realistically the question I prefer to ask are: When something fails there is a big difference to me between having the cash and having an insurance policy that is suppose to cover it even if they are theoretically the same value.  Some insurance policies may even be better than cash, like homeowners insurance might help take care of details like finding a contractor to fix the issue, finding temporary housing if your house burns down, etc."}
{"_id": "501433", "title": "", "text": "I would contact your loan servicing company explain the situation and see if you can renegotiate terms. They may be able to drop the interest rate or lengthen the schedule to reduce the payment amount. I wouldn't default on the loan as that would likely hinder coming to/working in the US in the future. Not knowing your financial situation or country, could you attempt to obtain financing in your own country in order to pay off the US based loan? I would at least attempt to make some sort of payment while you attempt renegotiation, refinancing or pursue a job in the US, even if it technically puts or keeps you in default of the loan. Making any payment at least shows the willingness to pay back the loan, and you're not intentionally defaulting on your obligation."}
{"_id": "501453", "title": "", "text": "\"Paraphrased from Economics of Money, Banking and Financial Markets: Money is (1) a medium of exchange, (2) a unit of account, (3) a store of value.  To the first point: as Homer Simpson's brain explained to him \"\"Money can be exchanged for goods and services\"\".  The second: money acts as a measure to keep track of the relative worth of an enormous amount of items. This makes it much simpler than tracking how many apples are worth how many deerhides, and so on and so forth as occurs in barter economies.  The last point: money is a terrible store of value. Your money tends to inflate, meaning that its worth decreases over time.  I think your explanation went into territory that it didn't need to. Your explanation of the creation of money for example seems to imply that the banking system is not involved in the process of money creation when actually the opposite is true.\""}
{"_id": "501455", "title": "", "text": "Used in our day to day activities is going out the house and get something more important that our family desires. But since the economy is not achieving a lot today, thinking about the top dividend stocks is essential. One component that ought to be looked at is the charge.   If you're accustomed with buying what you see without even going through the package price, you must modify the way you live your life. Persistence is very necessary for you to be able to find the top dividend stocks. When possible, you should get a less costly alternative on the costly items you utilized to purchase. Be persistent and also save money!"}
{"_id": "501456", "title": "", "text": "Gold is a good investment when central bank money printers can\u2019t take their thumbs off the print button. Over the last 3 years the US Federal Reserve printed a ton of dollars to bail out banks and to purchase US federal debt.  Maybe I should exchange my dollars for euros? The European Central Bank (ECB) is following the FED plan and printing money to buy Greek, Italian, and now Spanish bonds.  This, indirectly, is a bailout of French and German banks. Maybe I should exchange my euros for yen? The Bank Of Japan (Japan\u2019s central bank) is determined not to let the yen rise against other currencies so they too are printing money to keep the yen weak. Maybe I should exchange my yen for swiss francs? The Swiss National Bank (Switzerland\u2019s central bank) is also determined not to let the franc rise against other currencies so they too are printing money. You quickly begin to realize that your options are dwindling for places to put your money where the government central bank isn\u2019t working hard to dilute your savings. Physical gold is also a good investment for several other situations:  What situations would lead to a drop in gold prices? What are the alternatives? Silver has traditionally been used more as money than gold.  Silver is usually used for day-to-day purchases while gold is used for savings."}
{"_id": "501461", "title": "", "text": "An economy produces goods and services and people use money to pay for those goods and services.  Money has value because people believe that they can buy and sell goods and services with it in that economy. How much the value of money is, is determined by how much money there is in comparison to goods and services (supply and demand). In most economies it is the job of the federal/national reserve bank to ensure that prices stay stable (ie the relationship of goods and services to how much money there is is stable); as this is necessary for a well running economy.  The federal reserve bank does so by making more (printing, decreasing interest rates) or less (increasing interest rates) available to the economy. To determine how much money needs to be in the economy to keep prices stable is incredibly hard as many factors have an impact: If the reserve bank gets it wrong and there is more money compared to goods and services than previous, prices will rise to compensate; this is inflation If it's the other way round is deflation. Since it is commonly regarded that deflation is much more destabilizing to an economy than inflation the reserve banks tend to err on the side of inflation."}
{"_id": "501465", "title": "", "text": "\"To me, your question emphasizes something I've heard many times before: personal finance is as much or more about behavior than it is about mathematics or \"\"head knowledge\"\".  Sure, you know you shouldn't be wasting a lot of money on something you will use very infrequently, but how do you make this behavior stick?  Here are a few tricks that might help: The other aspects of your question really touch more on psychology than finance.  But getting yourself into a discipline habit with money will help.  And realizing the full cash price of items in relation to how much your disposable income is will help you get control of your impulses, as you review your budget monthly, and keep limit yourself using the envelope system.  But honestly, everybody wants stuff they don't have, it's human nature.  The key is finding ways to put physical limits and guards on yourself to keep you from obeying the self-destructive impulses.\""}
{"_id": "501484", "title": "", "text": "Catching up to Apple in a market they already dominate is like rolling a stone sphere up a hill.  I've seen reviews of the Zune that were pretty good.  I don't think it was a terrible device but it came when Apple was hitting the sweet spot of every part of the mobile music market.  I wish they had stuck with it.  I'd probably switch as I truly loathe iTunes."}
{"_id": "501488", "title": "", "text": "Still working on exact answer to question....for now: (BONUS) Here is how to pull a graphical chart with the required data: Therefore: As r14 = the indicator for RSI.  The above pull would pull Google,   6months, line chart, linear, large, with a 50 day moving average, a   200 day exponential moving average, volume, and followed up with RSI. Reference Link:  Finance Yahoo! API's"}
{"_id": "501504", "title": "", "text": "What financial instruments are there that are profitable when an underlying assets falls? The instrument you are looking for is called an Option, specifically a Put Option. It allows you, within the validity date, to sell ('Put') the respective shares to the option giver, at the predefined Strike Price. For example, let's assume APPL trades currently at 100 $ per share, and you think they will go down a lot. You buy one Put Option for 100 shares (they always come for larger amounts like 100s) for a Strike Price of 90 $, and pay 5 $ for it (it would be cheap if nobody believes they will fall that much). Note the last sentence under 2. - it is rather easy and very common when trading options to make complete losses. You have been warned. Are they available for IPOs? They could be available for IPOs, even before the IPO. However, someone has to put them out (some large bank, typically), which is some effort, and they would only do that if they expect enough interest and volume in the trade. most of the time, there will be no such options on the market. Are they available for foreign stocks?Yes, but again only selectively - only if the stock is well known and interesting enough for a broad audience."}
{"_id": "501527", "title": "", "text": "The $1300 turns into $2817/mo over a year. You've identified just over $1700 in expenses, but clearly missed a lot. Use what you wish, Mint, a spreadsheet, a notebook, I don't care. Just track every penny for a time. My property tax is due quarterly, so 3 months is minimum. It takes a year to get a full view of the items that are seasonal. Unless of course, the winter is mild (and your plowing expenses are low) or the summer is rainy (and the water bill for the grass is low.)  Even the above doesn't capture the things that are less regular. The house painting, the heater repair, etc.  The exercise itself is a great first step. As others stated $280 for cable/phone? Once you add the missing $900/mo, we'll know more.  What's really important is that you look at 100% of where the money goes and decide what the priorities are. No one's judging you, we chose the bigger house over eating out and expensive vacations. It's about knowing and understanding your choices."}
{"_id": "501536", "title": "", "text": "Picking yourself is just what all the fund managers are trying to do, and history shows that the majority of them fails the majority of the time to beat the index fund. That is the core reason of the current run after index funds. What that means is that although it doesn\u2019t sound so hard, it is not easy at all to beat an index consistently. Of course you can assume that you are better than all those high-paid specialists, but I would have some doubt. You might be luckier, but then you might be not."}
{"_id": "501548", "title": "", "text": "Are you searching for sell mackbook pro? Sellmyfone is one of the best place where you can sell your macbook pro with least amount of efforts and get maximum price as compare to others. You get reliable sale guaranteed, free pick up device service and best costumer service also."}
{"_id": "501559", "title": "", "text": "It will be similar to what you have said -- the options price will adjust accordingly following a stock split - Here's a good reference on different scenarios - Splits, Mergers, Spinoffs & Bankruptcies also if you have time to read Characteristics & Risks of Standardized Options"}
{"_id": "501571", "title": "", "text": "I can state with absolute certainty that 75K a year would _not_ be the line. If is well above the point where lack of money ceases being a misery generator though. I think I'd probably need a curve to be optimal -- there's a lot of stuff I'd need up front, but once that was done (and a reserve set up for truly awful expenses like insane medical bills) I'm betting a stable flow of 40K/year would keep me very happy indeed. It'd be even less, but I really like to travel, and expansive trips every couple months would get rather expensive. Discounting travel, I could easily be quite happy with half of that."}
{"_id": "501578", "title": "", "text": "Being a native app, it can basically do anything on your computer, be it reading documents and sending it to a server or participating in a botnet. The scope is huge and I don't think any individual can be expected to read the source code and audit it fully, but the hope is that enough interested parties will provide enough eyeballs looking through the code to spot any suspicious behavior."}
{"_id": "501580", "title": "", "text": "\"this guy basically writes a novel and it just comes down to  \"\"people are not sophisticated enough to recognize scams\"\"  \"\"public blockchains can't scale\"\" \"\"we need REGULATION\"\"  At least I got a chuckle out of reading his ramble, I especially liked his declaration of theplasma White paper as creative writing.\""}
{"_id": "501610", "title": "", "text": "If you believe it yourself, you could start with the fact that you look forward to only having to wait on one person instead of the dozen or so you normally wait on. It'll make him feel important and make him feel like you have your shit together."}
{"_id": "501621", "title": "", "text": "\"This stupid argument again? Testimonies explicitly explain how he was able to pass the blood tests. Don't you see how futile it is to argue that he has never doped just because he passed the blood tests when it is known that he can easily pass them? I'm not saying the lack of positive blood tests classifies as proof of guilt, but it certainly cannot be used to prove his innocence. Let's say you commit a crime and the police comb through the scene of the crime and find none of your fingerprints. Wouldn't it be stupid of you to argue \"\"You have not found any of my fingerprints at the scene of the crime, therefore I must be innocent!\"\"? You could easily have worn gloves. Likewise it was easy for Armstrong to pass the blood tests even if he was doping, therefore the fact that he passed isn't proof of his innocence.\""}
{"_id": "501636", "title": "", "text": "There is currently a bill in Washington that will change the limit for salaried employees receiving overtime pay. It will be raised to $50400. I work 4 hours of overtime each week, which if the bill is passed, equates to an additional $7800 annually. If my company raises my salary to just above the limit then they would not have to pay the overtime. That would only be a raise of approx. $3000. Why would I want to take the raise, and still have to work the overtime, when I can choose to not take the raise and possibly not have to work it any longer. I would rather have the time off, but if I'm going to have to work it, then I'll take the more than double overtime pay."}
{"_id": "501647", "title": "", "text": "Alright it's been a little and I just realized I haven't kept you guys updated Everything went perfectly well. I met the guy I was supposed to meet in front of the store, I queued up with everybody else and the guy handed me discretly 650\u20ac. We went in, I bought the shoes, I gave them to him and he stayed inside the store because he was waiting for an uber and outside there was a lot of people who wanted the shoes (80 of them in france) so yeah, I just walked out with 430\u20ac in my walled and here I am, doing perfectly fine with money in my wallet :D End of story, or not because i'll be watching out to other shoes so I can do the same again and apparently 650\u20ac was like waaay underpriced"}
{"_id": "501651", "title": "", "text": "Start with his website, specifically his seven steps. Most everything else is around motivating people to actually do the plan. As he often says personal finance is 80% personal and 20% finance, by which he means that things that make sense financially (paying off high interest debt first) don't necessarily motivate action (so instead pay off the smallest debt first to get motivation). Really the rest is details around those seven concepts. On his site there is a link to a free one-hour podcast for the iPod, and you can pay for the full three hours of his radio show on podcast. He started on radio, and it is probably his best format. The reason Dave Ramsey has limited appeal beyond the US is that he is explicitly evangelical. He views his system as an extension of his Christian beliefs. That sells very well in parts of the US, but doesn't port very well. There is actually nothing religious in his program, other than the occasional reference to biblical verses in an attempt to tie his program into his religion, but people who are really interested and want to teach his program, not just practice it, are going to find they need to be an Evangelical (or at least a Christian) to fit in. Addendum: I should mention that Dave Ramsey is changing the FPU program (and I expect it will trickle into other things) to be more explicitly (although apparently not overtly) religious and have a stronger emphasis on budgeting. See here."}
{"_id": "501664", "title": "", "text": "Just romped a competition my school had, won $100. I'm not participating in this, but the key is to trade options. I made 244% in 2 months off only 3 trades. Won another competition last semester in my investment analysis class as well"}
{"_id": "501678", "title": "", "text": "\"Perhaps you should learn to fucking read.  &gt;\"\"By moving to a lower-tax jurisdiction, inversion deals enable companies to save money on foreign earnings and cash stowed abroad, and in some cases lower their overall corporate rate.\"\"  What is wrong is the U.S. taxing company profits made in other countries, on other infrastructure, already subject to that country's taxes.\""}
{"_id": "501686", "title": "", "text": "Are these PFIC rules new? No, PFIC rules are not new, they've been around for a very long time. what would that mean if a person owned a non-US company stock, like a   company in Europe that makes chocolate? Is that considered assets that   produces passive income? No. But if a person owned a non-US company stock like a company that holds a company that makes chocolate - that would be passive income. this is non-US mutual funds that hold foreign shares, like a mutual fund in India, not a US fund which owns Indian stocks? Non-US fund. For those of you who are tax advisors, is the time length (30 hours)   true for filing form 8621? I would suggest not to fill this form on your own. Find a tax adviser specializing on providing services to expats, and have her do this. 30 hours for a person who has never dealt with taxes on this level before is probably not enough to learn all about PFIC, the real number is closer to 300 hours. While ZeroHedge article may be a sales pitch, PFIC rules should frighten you if they apply to your investments. Do not take them lightly, as penalties are steep and if you don't plan ahead you may end up paying way too much taxes than you could have."}
{"_id": "501690", "title": "", "text": "\"It is a scam. Not only will it get your personal information, which could allow him to impersonate you (like, using your identity as the generous lender on a future scam), in order to fulfill the loan, a \"\"small payment\"\" for some documents will be needed. And next another for a certificate necessary for lending, and so on. Their goal is to get your money, not lending you any. Aganju hit the nail: how would such person ensure that you will pay back, when he knows absolutely nothing about you? That would have been the #1 priority for someone that decided to invest using such unbelievable schema.\""}
{"_id": "501726", "title": "", "text": "In order:  1.) Speak to car dealership, demand refund.  If that doesn't work,  2.) Contact the local authorities.  If that doesn't work,  3.) Get in touch with a lawyer.  If that doesn't work, (or if it's too expensive),  4.) Get in touch with local media, and have them run a story."}
{"_id": "501730", "title": "", "text": "Richard Liu gave up a seven-figure salary this month to get into one of the hottest financial instruments around right now: initial coin offerings. The former China Renaissance deal-maker has since backed a clutch of cryptocoin sales that\u2019ve raised millions -- sometimes in seconds -- often without a single product.  From Hong Kong and Beijing to London, accomplished financiers are abandoning lucrative careers to plunge into the murky world of ICOs, a way to amass quick money by selling digital tokens to investors sans banks or regulators. Cut out of the action, a growing cohort of banking professionals are instead applying their talents toward buying or hawking cryptocurrency."}
{"_id": "501733", "title": "", "text": "Or, that he'll decide its time to take his money and go sit on an island.  What he fails to point out is that, unless he is a petulant idiot, he will mostly likely then sell out to investors without his idiosyncraticies and the business and employees will remain as they were."}
{"_id": "501734", "title": "", "text": "Staying out of India for a certain duration on a year (financial year) deems one to be considered NRI (non-resident Indian). NRIs are not taxed under Indian tax law as they are deemed subject to the resident country tax laws, so for NRI there is no tax liability in India. For your specific case, you could consult a Charted Accountant (CA) and he/she will be able to tell you exactly after looking at your financial data."}
{"_id": "501739", "title": "", "text": "In a lot of cases, the bank has already made their money. Shortly after you get your mortgage is sold to investors though the bank is still servicing it for a fee. Therefore, if you refinance, they get to sell it again."}
{"_id": "501743", "title": "", "text": "\"The classic definition of inflation is \"\"too much money chasing too few goods.\"\"  Within a tight range, say 1-3%, inflation is somewhat benign.  There's a nice inflation widget at The Inflation Calculator which helps me see that an item costing $1000 in 1975 would now (2010) be about $4000, and $1000 from 1984 till now, just over $2000. I chose those two years to make a point. First, I am 48, I graduated college in 1984, so in my working life I've seen the value of the dollar drop by half. On the other hand it only took 9 years from 75-84 to see a similar amount of inflation occur.  I'd suggest that the 26 year period is far more acceptable than the 9. Savers should be aware of their real return vs what was a result of inflation. I'm not incensed either way but logically have to acknowledge the invisible tax of inflation. I get a (say) 6% return, pay 2% in tax, but I'm not ahead by 4%, 3% may be lost to inflation. On the flip side, my mortgage is 3.5%, after taxes that's 2.625%, but less than 0% after (long term) inflation. So as a debtor, I am benefiting by the effect of inflation on what I owe.  Interesting also to hear about deflation as we've grown used to it in the case of electronics but little else. Perhaps the iPad won't drop in price, but every year it will gain features and competitors will keep the tablet market moving. Yet people still buy these items.  Right now, there's not enough spending. I'd suggest that, good financial advice aside, people as a whole need to start spending to get the economy moving. The return of some inflation would be a barometer of that spending starting to occur.\""}
{"_id": "501748", "title": "", "text": "To add a bit to Daniel Anderson's great answer, if you want to 'peek' at what a the set of bid and ask spreads looks like, the otc market page could be interesting (NOTE:  I'm NOT recommending that you trade Over The Counter.  Many of these stocks are amusingly scary):  http://www.otcmarkets.com/stock/ACBFF/quote You can see market makers essentially offering to buy or sell blocks of stock at a variety of prices."}
{"_id": "501754", "title": "", "text": "Planet Website Design is Website Design and Development firm. We are providing services for Website Design and Development at very competitive rates; we have a best team who will help you to get your dream website. We are also providing services for Internet Marketing. To get more information visit our website now."}
{"_id": "501764", "title": "", "text": "\"My feeling is that you're basically agreeing to throw away a bucket of money for a lesson that doesn't have to cost a penny. Like another commenter said, you're putting the cart before the horse.  I once asked a similar question to a seasoned investor, though I wasn't in the position to toss my hard-earned cash into the well yet. He told me that the difference between the winners and losers is that the winners don't need the money. I'm not trying to say that there's a \"\"rich keep getting richer ...\"\" component here, while schlubs like me get nada.  The real nugget of wisdom he offered was that if anyone wants to do well as investors, we must invest in a way that we're not dependent on the money we have in the market. Instead, manage risk carefully so that you don\u2019t get swept up in the emotional highs and lows.  For you, what I applaud is that you're willing to do your research first. And part of that should be anticipating how you will handle the anxiety when you put your money in at the wrong time or get out a little later than you should.  What I understand now is that you don\u2019t need to be wealthy to \u201cnot need the money.\u201d You just need to invest smartly and leave your emotions out of it.\""}
{"_id": "501768", "title": "", "text": "Learn from others' mistakes. Pick a hero, or 3. Study them closely. They were people too and faced similar challenges.  I'm doing one of the hardest things to do per economic textbooks and general business mythology, which is starting a healthcare service provider (doctors, nurses, etc.). Anything is possible if you work hard enough. And try not to let it consume you haha."}
{"_id": "501801", "title": "", "text": "\"Ed: Saw your comment, thank you. The short answer (a rough simplification), seems to be that you pay PA income tax for income made in PA. You pay IL income tax for income made in IL, not income made across both states. And you make sure the IL amount paid is correct via a credit calculated on Schedule CR. It looks to me (bear with me, I am no expert on tax law in IL, PA, or in general, so consult a professional for \"\"good\"\" advice :), like you basically do this on Schedule CR: It looks like there may be some more pertinent info on Publication 111, so that may potentially change the math a bit too. This check is 2014 income, during which you are a resident of IL. It's income from a PA employer. You must file a tax return in PA regardless, since you \"\"earned income in PA\"\". Did your former employer withhold PA income taxes on this particular paycheck? I'm not seeing where it says you should not include tax withheld; could you please point that out? Perhaps they mean you should only include tax actually considered \"\"due\"\" on the PA tax return. From IL's Schedule CR instructions: What is the purpose of Schedule CR?   Schedule CR, Credit for Tax Paid to Other States, allows you to   take a credit for income taxes you paid to other states on income   you received while a resident of Illinois. You are allowed this credit   only if you filed a required tax return with the other state. You must   use information from the tax return you filed with the other state to   complete Schedule CR.   ...    What taxes qualify for the credit?   Taxes that qualify for the credit are income taxes you paid to another   state of the United States,\""}
{"_id": "501819", "title": "", "text": "PA just recently opened a few casinos after previously not having the ability to do so.  So all the Philly/Suburb people are no longer taking the day trip to AC and are staying 2 minutes from home.   Personally, I go to AC to be by the beach and get free drinks quickly (Harrah's machines have order screens...The casino near me does not!) but thats about it. Highly overpriced."}
{"_id": "501820", "title": "", "text": "Nothing wrong with disagreeing. I think that health is fundamentally different from the  other services you mentioned. People can be careless with health and massive bills are added that end up in the taxpayers expense. No incentive exists for arson other than the fringe occurrences.   The US already pays the most per person for healthcare in the world. You can't fix this problem with money."}
{"_id": "501826", "title": "", "text": "As of 2014, this answer is deprecated. Read answer here for recent developments up to January 2015.  You can get a free credit report yearly, but you don't get your credit score, just the content of your report. This is useful to make sure your credit history is correct, etc. To get that, visit annualcreditreport.com. Another site which will give you your score for free, really free with no strings attached, is creditkarma.com, which gives you your TransUnion credit score and full TransUnion credit report. The site is run by TransUnion and supported via advertising. At this point Equifax and Experian offer similar services via subscription, but not for free. Update 8/14/2015: CreditKarma now offers the Equifax information as part of their service."}
{"_id": "501838", "title": "", "text": "Yield can be thought of as the interest rate you would receive from that investment in the form of a dividend for stocks or interest payments on a bond.  The yield takes into account the anticipated amount to be received per share/unit per year and the current price of the investment.   Of course, the yield is not a guaranteed return like a savings account.  If the investment yield is 4% when you buy, it can drop in value such that you actually lose money during your hold period, despite receiving income from the dividend or interest payments."}
{"_id": "501842", "title": "", "text": "Stupid article. The whole idea of pressing 3 far-away keys to reset the system is so it won't happen accidentally.  And Windows became very stable lately that I can't recall pressing these buttons in a looooonnnnggggg time."}
{"_id": "501854", "title": "", "text": "Meanwhile, JP Morgan is heavily involved in the Enterprise Ethereum Alliance. It's mostly focused on private chains for now, but at the EEA conference they said they hope to move some applications to the public chain when it's ready. JP Morgan's Quorum client bridges the two."}
{"_id": "501855", "title": "", "text": "&gt; There are over a billion cars in the world today. Should that have deterred Tesla from introducing a novel type of car?  No. But entering a market already dominated by heavy hitters is the single hardest thing to do in business."}
{"_id": "501856", "title": "", "text": "If that fraction is really small, then the amount of gold can be thought of as relatively constant. That fraction is very small. After all, people have been mining gold for thousands of years. So the cumulative results of gold mining have been building up the supply for quite some time. Meanwhile, owners of gold rarely destroy it. A little bit of gold is used in some industries as a consumable. This limited consumption of gold offsets some of the production that comes from mining. But truthfully this effect is minuscule. For the most part people either hoard it like its made of gold, or sell it (after all it is worth its weight in gold). If you're interested Wikipedia lists a few more factors that affect gold prices. (If you're not interested Wikipedia lists them anyway.)"}
{"_id": "501862", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/08/18/upshot/evidence-of-a-toxic-environment-for-women-in-economics.html) reduced by 89%. (I'm a bot) ***** &gt; To be sure, the online forum Ms. Wu studied is unlikely to be representative of the entire economics profession, although even a vocal minority can be sufficient to create a hostile workplace for female economists.  &gt; Silvana Tenreyro, a professor at the London School of Economics and a former chairwoman of the European Economics Association&amp;#039;s women&amp;#039;s committee, told me that &amp;quot;Every year a crisis or two arose&amp;quot; from rumors started on the forum, &amp;quot;With the typical target being a female student.\"\"  &gt; George Borjas, an economics professor at Harvard, wrote on his blog last summer that he found the forum &amp;quot;Refreshing.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ujy9l/evidence_of_a_toxic_environment_for_women_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194009 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **economics**^#1 **economist**^#2 **Professor**^#3 **women**^#4 **more**^#5\""}
{"_id": "501864", "title": "", "text": "I'm glad you didn't say they were the only causes of the bubble, and I hope you didn't mean to.  But I won't argue that those were not partially to blame.  I also won't say I personally was not partially to blame.  Now, I certainly don't want to defend the banks, at least not a lot of them, but I disagree with some of your assertions. For one thing, they are getting blamed for making loans to readily available, and now they are being blamed (not by you) for **not** making the money readily available.    Have you financed any homes?  If so, did you just go to a bank and get a loan?  I'm sure some people do that, but I don't know anyone who ever has.  I go to a loan agent, and get a much cheaper loan.  And I think part of the problem is that many of these agents have only one overriding objective - to enable you to qualify for a loan, so they can get their commission.  They know all the rules and reasons people get turned down, so they play the system and get people loans who should not get them.  I don't really think the banks are blameless, as they allow this, and in many cases, know about it (unofficially).  But I don't think it's a conspiracy by the banks; I think the banks were simply naive and thought that the past was a good indicator or the future, so the loans were safe because they would get the house if the owner defaulted, and the house would be worth at least the value of the equity the owner had after the down payment.  Lots of people made mistakes on both sides.  You can call it a conspiracy if you want, but I've found that most conspiracy theories were simply not real.    Other than that, I totally agree with you.  :)"}
{"_id": "501865", "title": "", "text": "\"If you base your predictions on the past - the market will crash at some point in the future. Historically, October is one of the worse months for the markets. People tend to use this to create click-bait for people like you. They tend to get compensated on page views. Thus, more clicks - more profit for them.      If anyone could predict a market crash - they would likely just be \"\"guessing\"\" correctly. However, that does not mean there aren't some people that are better at guessing these sorts of things. The people I would look at are leaders of the field, Warren Buffet, George Soros, etc.      Just FYI, there are rumors Warren Buffet is sitting on pretty large cash position currently. However, they are just rumors.      If you want to know how market crashes affect things - there are plenty of examples to look at. 1929, 2001, 2007 just to name a few. Do some research of your own, maybe even actually try to emulate what \"\"market analysts\"\" do. Then, you can write the click-bait articles, instead of clicking on them.\""}
{"_id": "501885", "title": "", "text": "Free trade agreements are not about trade. Thats just their pretext. They use free trade agreements to get all sorts of things that legislators would never vote for.   Now I hear the FTAs are putting the US taxpayer into a state of potential liability for a lot of financial hijinks in other countries, and - if they put exporting energy into [TTIP](http://www.ttip2014.eu), also making us liable if we decide to stop [the flow of energy, natural gas, overseas](http://action.sierraclub.org/site/DocServer/Analysis_of_EU_Energy_Proposal_TTIP.pdf) for many wholly legitimate reasons - we would be asked to pay huge amounts if we stopped it, say, because it was killing jobs here having energy cost twice or three times as much. thats not a good reason, just like not being able to affording healthcare for your country under the insurance system is [not a good enough reason](http://www.italaw.com/sites/default/files/case-documents/italaw3206.pdf) to switch to single payer without running afoul of an FTA once its been signed."}
{"_id": "501886", "title": "", "text": "True, not everyone becomes a debt-slave, especially if you choose your major wisely. I like it when people like you tell those debt-slave holders to put it in their pipe and smoke it!  Actually, they probably would, with a brandy."}
{"_id": "501889", "title": "", "text": "&gt;because they've reliably delivered in the past, we can assume that their promises are good.  Exactly, that's one of the points I was trying to make. It's your past work that determines your status.  The other point I was trying to get across is that paper money is a symbolic representation while the things we consume are material objects and services. If the production is not there money is meaningless.  When people complain about the high cost of college student loans, for instance, they forget that a lot more people want a college education now than in the time their parents grew up. If there aren't enough seats in the classrooms, some people will be left without the college education they want, no matter how the financing is provided."}
{"_id": "501891", "title": "", "text": "&gt; Economics will generally be more respected if it is a Bachelors of Science. The BS will have (in general) more quantitative coursework as compared to a BA.  What kind of nonsense is this? My school offered a BS/SB in Economics and the other major school in town offered a BA/AB. There's little difference between the two.  The exception is going to be when schools offer both degrees. You could argue that a BS Economics at Penn is better than a BA Economics, but that's only because Wharton is seen as more competitive and prestigious. It has nothing to do with the intrinsic qualities of a BA compared to a BS."}
{"_id": "501892", "title": "", "text": "There is nothing illegal about a vehicle being in one person's name and someone else using it.  An illegal straw purchase usually applies to something where, for example,  the purchaser is trying to avoid a background check (as with firearms) or is trying to hide assets, so they use someone else to make the purchase on their behalf to shield real ownership. As for insurance, there's no requirement for you to own a vehicle in order to buy insurance so that you can drive someone else's vehicle.  In other words, you can buy liability coverage that applies to any vehicle you're operating. The long and short of it here is that you're not doing anything illegal or otherwise improper,but I give you credit for having the good morals for wanting to make sure you're doing the right thing."}
{"_id": "501893", "title": "", "text": "19 x 3.75 = 71.25... without having to actually pump oil, transport it, refine crude, and deal with the health hazards of it. Not bad.   Is this supposed to be a dramatic increase or decrease from the current market? Im not sure if im just being stupid, but I wish the article could involve financial comparisons of some sort... because I'm just mostly confused here."}
{"_id": "501900", "title": "", "text": "The relationship between the two events are so far removed from each other, that this kind of reaction from this CEO is only for show. By the time he realizes any kind of bottom line impact from changes by the executive branch of government, it will be the next election."}
{"_id": "501911", "title": "", "text": "Let's see here....how much does the Sears board make?  http://www1.salary.com/SEARS-HOLDINGS-CORP-Executive-Salaries.html  He makes a dollar, but there's that 3.4 million dollars in, what I'm sure is, prime class A stock that gets paid FIRST if the whole place collapses.  With 11 million dollars spread across just a few people, and the company in dire straits, I can see why they'd be worried."}
{"_id": "501920", "title": "", "text": "The sad thing is, most Americans are in deep financial shit due to the fact that it is expensive to be an american. Unlike your financially astute self, many are in debt. To those people, tanking a 35 dollar fee for overdrafting is much better than waiting the next day for your paycheck to come in and having your credit card bill go up by a thousand. So, when banks begin taking advantage of bad situations those people get pissed off. So really, most Americans are too far gone down the financial cliff to even worry about managing overdrafts, so although well intentioned, this advice won't really help most."}
{"_id": "501931", "title": "", "text": "I believe this depends on the broker's policies. For example, here is Vanguard's policy (from https://personal.vanguard.com/us/whatweoffer/stocksbondscds/brokeragedividendprogram): Does selling shares affect a distribution? If you sell the entire position two days or more before the dividend-payable date, your distribution will be paid in cash. If, however, you sell an entire position within the two day time frame of the security's payable date, the dividend will be reinvested, resulting in additional shares. Selling these subsequent shares will require another sell order, which will incur additional commission charges. Dividends which would have been reinvested into less than one whole share will be automatically liquidated into cash. If you want to guarantee you receive no fractional shares, I'd call your broker and ask whether selling stock ABC on a particular date will result in the dividend being paid in shares."}
{"_id": "501932", "title": "", "text": "\"I'm just really getting sick of these \"\"omg, free market\"\" bullshit arguments. These regulations didn't spring up all over the country without reason. Discrimination, red-lining, and rate gouging were all issues the taxi industry faced at one time. Taxi regulators put these rules into effect to protect customers and assure that people using public transportation could get to where they needed to go.  The difference between Uber/Lyft and taxis that follow the law is that there is regulatory body that impose fines on companies and cab drivers that violate them. And with enough complaints, the regulators can completely revoke their ability to serve as taxi cabs in a city.  Instead you want this free market where the cab drivers can tell their passengers to get fucked if they don't like it. Go read the wiki page on taxi regulation: http://en.wikipedia.org/wiki/Taxicab#Regulation I can't find a single instance on there where customers benefited from deregulation.\""}
{"_id": "501948", "title": "", "text": "Um.. One plus sells a phone with better specs for half the price.   Nope, I won't be paying 1000 bucks for apples garbage  No comment, just down votes. Oh no! I guess I'll just go buy a decently priced Android phone that HAS AN AUDIO JACK."}
{"_id": "501952", "title": "", "text": "The answer is actually very simple: the cost of data. Seriously. Call the CBOE tomorrow and ask yourself. They have two big programs:  1) the penny pilot program, where options trade at penny increments instead of 5 cent increments. This is only extended to a select few symbols because of the amount of data this can generate is too much for the data vendors. Data vendors store and sell historical data. The exchanges themselves often have a big data vending business too. 2) the weekly options program, where only select symbols get these chains because of the amount of data they will generate. Liquidity and demand are factors in determining if the CBOE will consider enabling those series on new issues. (although they have to give the list of which symbols are on these programs to the SEC)"}
{"_id": "501956", "title": "", "text": "J-1 students are considered to be nonresidents for taxation purposes during their first five years of presence in the US. J-1 scholars are considered to be non-residents for taxation purposes during their first two years of presence in the US."}
{"_id": "501961", "title": "", "text": "&gt; they have no bargaining power.  Individually, and in the long term that's true.  In the short term, most franchise businesses are running on the minimum needed labor, and even lower level management positions are still labor.  So, if several workers went on strike at once they could severely hamper operations.  If several low level managers went on strike, even more so.  There's a training period for any staff that are hired, and even a minor acclimation period for transfers.  If enough people leave all at once the store is hurt.  Corporate might keep them from going under, but they will loose money and goodwill.  All of that is before you get to picket lines and alternatives.  A smart competitor can and should milk labor disputes for all they're worth.  They should try to get as many customers as possible to go to their store instead of the one being picketed.  Collective bargaining exists because most individuals don't have much power, but as a group they do.  The idea of zero training doesn't exist.  The idea of being able to simply replace large numbers of people quickly doesn't work.  That's why places like Walmart are afraid of unions.  They are already running on the edge with their staff.  All it would take is several cashiers who were ready to leave anyways going on strike to shut the store down.  Mind you, the trick with these large companies is to do it relatively suddenly.  If they have time to prepare they can be ready to throw overtime at the people who didn't leave, or could bus in people from other stores.  Compare that to the entire kitchen crew or cashiers just not showing up one shift."}
{"_id": "501973", "title": "", "text": "A lot of people do this. For example, in my area nice townhouses go for about $400K, so if you have $80,000 you can buy one and rent it. Here are the typical numbers: So you would make $350 per month or $4,200 per year on $80,000 in capital or about 5% profit. What can go wrong: (1) The property does not rent and sits vacant. You must come up with $2100 in mortgage payments, taxes, and insurance every month without fail or default. (2) Unexpected expenses. A new furnaces costs over $5,000. A new roof costs $7,000. A new appliance costs $600 to $2000 depending on how upscale your property is. I just had a toilet fixed for a leaky plunger. It cost me $200. As you can see maintenance expenses can quickly get a lot higher than the $50 shown above... and not only that, if you fix things as cheaply as possible (as most landlords do), not only does that decrease the rentability of the property, but it causes stuff to break sooner. (3) Deadbeats. Some people will rent your property and then not pay you. Now you have a property with no income, you are spending $2100 per month to pay for it, AND you are facing steep attorney fees to get the deadbeats evicted. They can fight you in court for months. (4) Damage, wear and tear. Whenever a tenant turns over there is always a lot of broken or worn stuff that has to be fixed. Holes in the wall need to be patched. Busted locks, broken windows, non-working toilets, stains on the carpet, stuck doors, ripped screens, leaky showers, broken tiles, painting exterior trim, painting walls, painting fences, etc. You can spend thousands every time a tenant changes. Other caveats: Banks are much more strict about loaning to non home owners. You usually have to have reserve income. So, if you have little or no income, or you are stretched already, it will be difficult to get commercial loans. For example, lets say your take-home pay is $7,000 and you have no mortgage at all (you rent), then it is fine, the bank will loan you the money. But lets say you only have $5,000 in take home pay and you have an $1,800 mortgage on your own home. In that case it is very unlikely a bank will allow you to assume a 2nd mortgage on a rental property. The more you try to borrow, the more reserve income the bank will require. This tends to set a limit on how much you can leverage."}
{"_id": "501976", "title": "", "text": "\"While I think this is generally inadvisable, there are sites and communities dedicated to \"\"points churning\"\" credit card reward programs.  In general, no there is no easy way to get cash from a credit card, and receive the spending rewards, and not pay fees well in excess of your rewards value. However, there are people who figure out ways to do this kind of thing.  Like buying prepaid Visa cards $500 at a time from drug stores on a 5% bonus rewards month.  Or buying rolls of $1 coins from the US treasury with free shipping. The issue is the source of the fees.  When you spend money on your card the merchant pays a fee.  When you get cash from an ATM not only is there no merchant remitting a fee there is an ATM operator and a network both charging fees.\""}
{"_id": "501979", "title": "", "text": "I doubt it. They do not have a monopoly over anything. Their purchases of Pixar, Marvel and LucasFilms are all complementary to their core business. What they have bought is merely the rights to an assortment of properties. If they want to make back their investment they have to execute, nothing is certain and customers still have plenty of choice for their entertainment dollar. Abc is just one network, and compete with FOX, NBC, CBS and cable networks as well. ESPN is mighty, but Fox has been expanding their regional coverage tremendously in the last few years, individuals teams and college conferences have also been creating their own networks. Pixar still has dreamworks to contend with, and that does not preclude new entrants into the market. Marvel competes with DC/warner brothers and lastly LucasFilm's value is in the properties that they own, Disney must still execute to make money."}
{"_id": "501980", "title": "", "text": "Another option is to look at the rent difference between where you need to be and where the others would rent, without considering your job. You pay the difference, which is due to your unique requirements, and split the remainder equally."}
{"_id": "501984", "title": "", "text": "To short a stock you actually borrow shares and sell them. The shorter gets the money from selling immediately, and pays interest for the share he borrows until he covers the short. The amount of interest varies depending on the stock. It's typically under 1% a year for large cap stocks, but can be 20% or more for small, illiquid, or heavily shorted stocks. In this scam only a few people own the shares that are lent to shorters, so they essentially have a monopoly and can set really high borrow costs. The shorter probably assumes that a pump-and-dump will crash quickly, so wouldn't mind paying a high borrow cost."}
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{"_id": "502047", "title": "", "text": "The worst thing I've been seeing is interviewing for a position, requiring a ton of experience with specialized technologies, waiting almost a month of back and forth interviews and screenings and finding out that the position is below entry level pay. Oh, this job requires 7+ years experience and pays $50k-$55k? GTFO. That might be an OK salary in Frogballs, AR, but in my area, that's entry level helpdesk pay. So you have a foozeball table and offer free snacks, that doesn't pay the bills."}
{"_id": "502048", "title": "", "text": "\"Not true. The language used in the Navy &amp; Army clauses are different. There is a duty to \"\"maintain\"\" the Navy and \"\"support\"\" the armies. There is no such mandate in the postal clause. Nor can the act of establishing be read as implying maintenance, because the Constitution specifically includes those things for the Army and Navy, suggesting it was not implied.   You can establish something and then privatize it. Government-chartered companies were common at the time, so it's not like the idea didn't occur to them.   Strictly speaking, I don't see any reason that Congress couldn't also privatize the army and navy, assuming that \"\"maintain\"\" and \"\"support\"\" don't imply direct congressional control. But that's a harder argument, compared to this much easier distinction in the case of the post office.\""}
{"_id": "502051", "title": "", "text": "After paying off debts and the other obvious low hanging fruit, you need to start investing.  With your time frame, most advice you'll find will say go for an all equities index fund. However, the market is hot and you can do better than the S&amp;P average of 12%. Especially considering a downturn is on coming  Take your time and find a safe investment fund to start building your portfolio. I run a PE fund buying Middle Market value add properties. I work exclusively in this market because it provides consistent income that continues through downturns, and we can safely give investors 15% tax mitigated return, every time. PM me if your are interested."}
{"_id": "502059", "title": "", "text": "&gt; No. But the Koran's peeps, well, they're acting out the Koran's commands to the T.  For about the millionth time, that is such an infinitesimally small percentage of Muslims. I'm really tired of correcting you for the same false assumption over and over.   So nothing to add, then?"}
{"_id": "502073", "title": "", "text": "&gt;Humanity can't be free until we disabuse ourselves of the fallacy of the necessity of government  There are places in the wold that you can go to experience your government free utopia.  Somalia is one.  The countries with the weakest governments are some of the worst places in the world to live."}
{"_id": "502085", "title": "", "text": "\"I would be inclined to reject 100 percent of the material, refuse payment, and seek out someone else to fulfill your requirements. Just because some of the material \"\"looks original\"\" doesn't mean it is and, given the creator's propensity to plagiarize, may have simply been copied from a source you're unable to identify.  Why risk it?  Cut this person loose.\""}
{"_id": "502091", "title": "", "text": "It is a publicly traded company.  My interest is more in their motivation for  instituting the new policy.  *I* expect the stock to go up, I'm not being told that by someone else.  Thanks for looking out though :)"}
{"_id": "502109", "title": "", "text": "Time &amp; money. People have one or the other.   Even with a Pell Grant to attend school, it can be very hard to get a job that will accommodate a class schedule and also pay enough for basic living expenses. And many people around here were not encouraged to pursue education, because of the expense. And because, until 10-15 years ago, there were always factories hired and it was expected to start at 18 and stay until retirement.  I'm in my 30s and in school now, and it's taking me forever because I've had to change jobs, shuffle classes, and take time off in order to be able to pay bills and pursue my education.   If you do too well at work, they don't want to give you the time off to move forward (problem I had at a law office where I was working way more hours than hired for, then told I couldn't cut back to our original agreement when the next semester required more seated classes). If you don't excel, it's not worth their trouble to accommodate you because there are plenty of others begging for a job that can work whenever they're told.   And, in towns like this, I suspect part of it is a crabs in the bucket mentality.    40+ year old supervisors with GEDs sometimes don't like it when workers on the bottom rung are getting bachelor's degrees. The same in nursing - some of those LPNs &amp; ADN/RNs get a little touchy when the newer younger ones immediately go to work on their RN. (And EMTs that try to jump straight to Paramedic, or those going for 4 year Paramedicine degrees, are met with outright scorn. Although there are some reasons for that, mainly lack of real world experience)."}
{"_id": "502123", "title": "", "text": "The individual managing security matters must know the different sorts of specialized gadgets accessible in the market in type of walkie talkies. The blog gives subtle elements of the walkies talkies and how the utilization of them by security watchmen will cover all escape clauses in the security game plan."}
{"_id": "502126", "title": "", "text": "As someone who has worked for both an insurance carrier and an insurance agent, the reason people buy insurance is two fold: to spread risk out, and to get the benefits (when applicable) of approaching risk as a group. What you are really doing when you buy insurance is you are buying in to a large group of people who are sharing risk.  You put money in that will help people when they take a loss, and in exchange get a promise of having your losses covered.  There is an administrative fee taken by the company that runs the group in order to cover their costs of doing business and their profits that they get for running the group well (or losses they take if they run it poorly.) Some insurances are for profit, some are non-profit; all work on the principle of spreading risk around though and taking risk as a larger group. So let's take a closer look at each of the advantages you get from participating in insurance.  The biggest and most obvious is the protection from catastrophic loss.  Yes, you could self-insure with a group size of one, by saving your money and having no overhead (other than your time and the time value of your money) but that has a cost in itself and also doesn't cover you against risk up front if you aren't already independently wealthy.  A run of bad luck could wipe you out entirely since you don't have a large group to spread the risk around.  The same thing can still happen to insurance companies as well when the group as a whole takes major losses, but it's less likely to occur because there are more rare things that have to go wrong.  You pay an administrative overhead for the group to be run for you, but you have less exposure to your own risks in exchange for a small premium. Another significant but less visible advantage is the benefit of being part of a large group.  Insurance companies represent a large group of people and lots of business, so they can get better rates on dealing with recovering from losses.  They can negotiate for better health care rates or better repair rates or cheaper replacement parts.  This can potentially save more than the administrative overhead and profit that they take off the top, even when compared to self-insuring. There is an element of gambling to it, but there are also very real financial benefits to having predictable costs.  The value of that predictability (and the lesser need for liquid assets) is what makes insurance worth it for many people.  The value of this group benefit does decrease a lot as the value of the insurance coverage (the amount it pays out) decreases.  Insurance for minor losses has a much smaller impact on liquidity and is much easier to self insure.  Cheaper items that have insurance also tend to be high risk items, so the costs tend to be very high relative to the amount of protection.  If you are financially able, it may make more sense to self-insure in these cases, particularly if you tend to be more cautious.  It may make sense for those who are more prone to accidents with their devices to buy insurance, but this selection bias also drives the cost up further.  Generally, the reason to buy insurance on something like a cellphone is because you expect you will break it.  You are going to end up paying for an entire additional phone over time anyway and most such policies stop paying out after the first replacement anyway. The reason why people buy the coverage anyway, even when it really isn't in their best interest is due to two factors: being risk averse, as base64 pointed out, and also being generally bad at dealing with large numbers.  On the risk averse side, they think of how much they are spending on the item (even if it is less compared to large items like cars or houses) and don't want to lose that.  On the bad at dealing with large numbers side, they don't think about the overall cost of the coverage and don't read the fine print as to what they are actually getting coverage for.  (This is the same reason that you always see prices one cent under the dollar.)   People often don't really subconsciously get that they are paying more even if they would be able to eat the loss, so they pay what feels like a small amount to offset a large risk.  The risk of loss is a higher fear than the known small, easy payment that keeps the risk away and the overall value proposition isn't even considered."}
{"_id": "502137", "title": "", "text": "The report I linked to appears to disagree with you about the numbers. But if you said that the number of contractors exceeding the number of government employees wasn't in and of itself hugely meaningful I'd not disagree. The point is that the military do outsource their work to various degrees, which was the point I'd been making, and so we're largely agreed.  I wonder how it works out from a budgetary perspective for the professional mercenary companies, who I've read get paid massive amounts, which, I imagine, must irritate those doing similar work for government pay. People like Blackwater and their ilk."}
{"_id": "502147", "title": "", "text": "Your order may or may not be executed.  The price of stock can open anywhere.  Often yesterday's close is a good indication of today's open, but with a big event overnight, the open may be somewhere quite different.  You'll have to wait and see like the rest of us.  Also, even if it doesn't execute at the open, the price could vary during the day and it might execute later."}
{"_id": "502150", "title": "", "text": "\"The biggest and primary question is how much money you want to live on within retirement. The lower this is, the more options you have available. You will find that while initially complex, it doesn't take much planning to take complete advantage of the tax system if you are intending to retire early. Are there any other investment accounts that are geared towards retirement or long term investing and have some perk associated with them (tax deferred, tax exempt) but do not have an age restriction when money can be withdrawn?  I'm going to answer this with some potential alternatives. The US tax system currently is great for people wanting to early retire. If you can save significant money you can optimize your taxes so much over your lifetime! If you retire early and have money invested in a Roth IRA or a traditional 401k, that money can't be touched without penalty until you're 55/59. (Let's ignore Roth contributions that can technically be withdrawn) Ok, the 401k myth. The \"\"I'm hosed if I put money into it since it's stuck\"\" perspective isn't true for a variety of reasons. If you retire early you get a long amount of time to take advantage of retirement accounts. One way is to primarily contribute to pretax 401k during working years. After retiring, begin converting this at a very low tax rate. You can convert money in a traditional IRA whenever you want to be Roth. You just pay your marginal tax rate which.... for an early retiree might be 0%. Then after 5 years - you now have a chunk of principle that has become Roth principle - and can be withdrawn whenever. Let's imagine you retire at 40 with 100k in your 401k (pretax). For 5 years, you convert $20k (assuming married). Because we get $20k between exemptions/deduction it means you pay $0 taxes every year while converting $20k of your pretax IRA to Roth. Or if you have kids, even more. After 5 years you now can withdraw that 20k/year 100% tax free since it has become principle. This is only a good idea when you are retired early because you are able to fill up all your \"\"free\"\" income for tax conversions. When you are working you would be paying your marginal rate. But your marginal rate in retirement is... 0%. Related thread on a forum you might enjoy. This is sometimes called a Roth pipeline. Basically: assuming you have no income while retired early you can fairly simply convert traditional IRA money into Roth principle. This is then accessible to you well before the 55/59 age but you get the full benefit of the pretax money. But let's pretend you don't want to do that. You need the money (and tax benefit!) now! How beneficial is it to do traditional 401ks? Imagine you live in a state/city where you are paying 25% marginal tax rate. If your expected marginal rate in your early retirement is 10-15% you are still better off putting money into your 401k and just paying the 10% penalty on an early withdrawal. In many cases, for high earners, this can actually still be a tax benefit overall. The point is this: just because you have to \"\"work\"\" to get money out of a 401k early does NOT mean you lose the tax benefits of it. In fact, current tax code really does let an early retiree have their cake and eat it too when it comes to the Roth/traditional 401k/IRA question. Are you limited to a generic taxable brokerage account? Currently, a huge perk for those with small incomes is that long term capital gains are taxed based on your current federal tax bracket. If your federal marginal rate is 15% or less you will pay nothing for long term capital gains, until this income pushes you into the 25% federal bracket.  This might change, but right now means you can capture many capital gains without paying taxes on them. This is huge for early retirees who can manipulate income. You can have significant \"\"income\"\" and not pay taxes on it. You can also stack this with before mentioned Roth conversions. Convert traditional IRA money until you would begin owing any federal taxes, then capture long term capital gains until you would pay tax on those. Combined this can represent a huge amount of money per year. So littleadv mentioned HSAs but.. for an early retiree they can be ridiculously good. What this means is you can invest the maximum into your HSA for 10 years, let it grow 100% tax free, and save all your medical receipts/etc. Then in 10 years start withdrawing that money. While it sucks healthcare costs so much in America, you might as well take advantage of the tax opportunities to make it suck slightly less. There are many online communities dedicated to learning and optimizing their lives in order to achieve early retirement. The question you are asking can be answered superficially in the above, but for a comprehensive plan you might want other resources. Some you might enjoy:\""}
{"_id": "502160", "title": "", "text": "\"Massaging statistical data is an art form.  Probably the most common tactic to manipulate without manipulating is to not measure something that is not immediately connected to the stat, but is absolutely influencing it.  Then there is scope manipulation (we see this with the wage gap stats) where data will be purposely aggregated at a level outside of the scope.  My pet peeve with national stats is when people will compare data collected in the US where we regulate thoroughly to data collected in a country like China where they live by the mantra \"\"if you are not cheating then you are not trying\"\".  Education stats for instance that always make us look bad when we absolutely know the Chinese are padding like crazy.\""}
{"_id": "502163", "title": "", "text": "And set to get higher. Wait until the super rich start eating the poorer super rich.  We don't even know what the 1% really has because the sample sizes are so small. We do know there's trillions in offshore accounts but we don't know who owns it."}
{"_id": "502164", "title": "", "text": "I am very surprised no one mentioned the Stock Repair Option Strategy which has real benefits and is one of the mainstream Option Strategies. Quote: Who Should Consider Using the Stock Repair Strategy? In a nutshell, you are buying call options with current strike price (at-the-money) and sell call options with higher strike price (out-of-the-money), all with the same expiry dates.  The only reason to also sell call options here is to recover your premium paid for the other call options. If you are comfortable paying that premium, you just buy the call options without selling the others. In case your stock will rise moderately to a price between the two strike prices, your call option will rise together with your stock, so you will be faster to recover your money. This is the main reason it is called Repair. If you have sold any call options, as the price rises, you have to be careful when it reaches the strike price of the options sold, as from there on you will begin incurring losses. It is however exactly the lucky outcome you were hoping for, your stock is higher, and you can buy back those loss making options - then or shortly before. If you didn't sell any options and payed your premium, you don't need to worry at all at this stage. WARNING It should be noted that the Stock Repair Strategy offers no protection for your stock price further falling down. In that case all those options will expire worthless or you can sell back the ones your bought but likely not for much. In order to have the downside protection for your stock, there are other strategies, the simplest one being buying a Put Option at-the-money or slightly lower. That will effectively cut your possible losses to the Option Premium (which is the main use of that option).  Again, if you hate to pay that premium, you can offset it by selling other options that you either hope won't be exercised or take steps to protect you against those."}
{"_id": "502169", "title": "", "text": "I read somewhere that the iPod created ~14K American jobs, and that ~90% of them were retail. I am sure there are some arguable assumptions in there, but, 14K is not very many jobs for a multi-billion-dollar product. The core American engineering team was probably less than 1000 people."}
{"_id": "502170", "title": "", "text": "\"Since you already have an emergency fund in place, focus your extra funds on paying off debts like student loans. While some have advised you to play the stock market, not one person has mentioned the word \"\"risk\"\". You are gambling (\"\"investing\"\") your money in the hopes your money will grow. Your student loan is real liability. The longer you keep the loan, the more interest you will pay. You can pay off your student loan in 21 months if you pay $1,100 each month. After the 21 months, you can almost fully fund a 401(k) each year. That will be amazing at your age. Our company gives us the Vanguard Retirement Fund with a low expense ratio of 0.19%. It is passive automated investing where you don't have to think about it. Just add money and just let it ride.\""}
{"_id": "502196", "title": "", "text": "Varying the amount to reflect income during the quarter is entirely legitimate -- consider someone like a salesman whose income is partly driven by commissions, and who therefore can't predict the total. The payments are quarterly precisely so you can base them on actual results. Having said that,  I suspect that as long as you show Good Intent they won't quibble if your estimate is off by a few percent. And they'll never complain if you overpay. So it may not be worth the effort to change the payment amount for that last quarter unless the income is very different."}
{"_id": "502203", "title": "", "text": "If you want a concrete investment tip, precious metals (e.g. gold, silver) are on a pretty good run these days, personally I still think they have ways to go as there are just too many problems with modern monetary policy of an almost existential nature, and gold and silver are better stores of value than fiat money. Silver is particularly hot right now, but keep in mind that the increased volatility means increased risk. If the Fed keeps its foot on the pedals of the dollar printing press and we get QE3 this summer, that will most likely mean more people piling into the PMs to hedge against inflation. If the Fed starts to tighten it's policy then that's probably bad news for both equities and bonds and so PMs could be seen as a safe haven investment. These are the main reasons why PMs take up a good portion of my portfolio and will continue to do so untill I see how the global economy plays out over the next couple of years."}
{"_id": "502221", "title": "", "text": "&gt; Are you worried at all about the $5 trillion in bonds held by the FED?  I'm not, no. It's just been an asset swap. In place of $5tn worth of bonds that the non-government used to hold, we're now holding $5tn worth of reserves.  Now whether you have $1mn worth of bonds, or $1mn in your bank, your net financial position is the same. You can buy a $1mn yacht just as easily either way, for bonds are one of the most liquid assets in existence. So why should swapping bonds for reserves, slightly more liquid but of the same value, be of concern to anyone? Who cares if our asset makeup has shifted from T-Bills that trade for their face value to Federal Reserve Notes that trade for their face value?  &gt;Is there any precedent for a country canceling that amount of debt ever and kept reserve currency status?  Firstly, I don't understand this obsession with being the primary reserve currency. New Zealand/Australia/Canada/UK - these countries all manage just fine without it. Secondly, as the world's largest economy and with 200mn+ taxpayers all seeking out USD and heaps of very desirable exports and USD-denominated assets, the USD is always going to be highly sought-after and a pillar-stone of any assortment of reserves.  &gt; I was just watching a documentary about WWI and Keynes said at the outset the war would have to stop after a few months because each side would run out of money.  Governments of the day simply [ceased convertibility to gold](http://en.wikipedia.org/wiki/Gold_standard#Impact_of_World_War_I), because guess what - whilst a country can run out of gold (and gold-convertible money), it can never run out of its own free floating currency. Again, just look at Japan - if it were possible, they would have eons ago."}
{"_id": "502223", "title": "", "text": "You just need to average out the weekly hours and income over the year. So if his yearly income is $100,000 p.a. then this would average out to $2000 per week of which 15% would be $300 per week. It does not have to be exactly 15% per week as long as over the long run your saving your target 15%. If he gets a pay rise you can include this in the saving plan. Say he gets a 5% increase in pay you would increase the $300 per week by 5% to $315 per week."}
{"_id": "502242", "title": "", "text": "Get the perfect team  to inspect the home before buying,  it is a big investment to buy the house in a better place. In that case, we will help you. Now, no need to go anywhere in Australia. The Assured Building Inspections have wonderful experience of the inspection the building, now we are expert in this work. Always, we provide the affordable service for our clients.  It is a mandatory procedure for each homeowner, we are a good protection organization inside the Australia. There is lots of inspection service company in Australia, however, they may be not proper certified in this work. It is one among most inspector and trustable corporation. We are specializing the most problems in property inspections and reports. Our impartial opinions, provide our clients with the self assurance and peace of thoughts they need to do properly knowledgeable."}
{"_id": "502247", "title": "", "text": "\"&gt; A good cashier is not someone who is better at sliding packages over a scanner. Good cashiers are friendly, engaging, fast, and have a sharp eye for shoplifting. They have good judgment and relate well to their colleagues. They care about the customer's experience.  Those are nice qualities, but Wal-Mart feels they are getting enough of those qualities for the price, and let's not delude ourselves into thinking that they are high skill. Anyone could be trained in the basics of watching for theft in less than 2 weeks.  &gt; Walmart has chosen to compete solely on price, not on service; therefore, they hire the cheapest cashiers and sacrifice all of the soft skills that make a cashier a pleasurable part of someone's shopping experience.  Wal-Mart has realized that these qualities are nice, but not really worth that much extra money. Most people don't want to have a wonderful conversation with their checker, especially if this comes at a much higher cost at the counter. Most people have friends, and even the best shopping experience is taking away from their life. Few of us want to prolong the experience with artificial and feigned conversation with our checker, which feels like a social obligation on most days. We want an accurate total and a swift checkout. When people are trying to get out of the grocery store, they don't search for the line with the friendliest checker. They search for the one who is sliding packages across the scanner like lightning.  &gt; are they missing out on an opportunity to build customer loyalty  Customer loyalty is overrated. The most loyal customer isn't going to impoverish their family for a really great checker experience, and Wal-Mart knows that. I'm reminded of people complaining that Wal-Mart has manufacturers make a cheaper version of their drills for their customers. Supposedly, this was a dastardly plan to make items disposable, so people would have to buy more. In reality, Wal-Mart just realizes the average guy who buys a drill isn't seriously going to get into woodworking, like he's always saying. He's going to pull it out 2-3 times, after the initial enthusiasm wears off. I thin Wal-Mart pisses people off, because they know what we really are, as opposed to the people we pretend to be.  &gt; they're creating a disenchanted workforce incentivized to get back at the company whenever possible  Wal-Mart has a pretty good bead on their workforce. They're not losing money. This \"\"getting back\"\" is highly theoretical. In reality, they're going to gripe about their job and cycle through a lot of low wage jobs on their way back to Wal-Mart again.  I don't know if you've worked with low skill workers before, but there's a reason they are where they are. They're not these noble creatures from Steinbeck novels. I worked at quite a few of these low wage jobs while putting myself through college.  These are the people who show up hungover to work. These are the people who work for a few weeks and then suddenly flip out for seemingly no reason at all. These are the people who, when told to perform a task, say, \"\"No one tells me what to do.\"\" That's what the check is for dummy. That's what a job is. These are the same people who sat in the back of the classroom in school and talked shit about how the teacher was stupid; school was stupid; they didn't need that shit to be successful. They are mostly ignorant and filled with overweaning pride, which they've been told they should have not for accomplishments, but for simply existing. When you've actually been around the poor masses for a while\u2014raised around them as I was as a child\u2014you stop idealizing and objectifying them. They're not all bad workers, but most of them are *bad* at working.  These are those soft skills that you were talking about. Wal-Mart raising wages won't make those people good workers. It'll put them out of a job. Wal-Mart only hires those people, because they're a bargain. If they're forced to raise wages tomorrow, most of those people are going to be cycled out and replaced with higher skill workers, like you would prefer. At the very least, Wal-Mart would start hiring higher skill workers to replace their lower skill workers. So what problem have you solved? Do the low skill workers now have magically more wages? No. They're low skill and wages are higher. They've been priced out of the market.  &gt; But I must note that a good cashier enhances the shopping experience, rather than simply being a human scantron.  You obviously come from a different place. I think you'd be shocked by how many of us would like exactly that. Don't be surprised when Wal-Mart moves to rfid tags and get's rid of cashiers altogether.\""}
{"_id": "502249", "title": "", "text": "The person I was responding to didn't say they aren't making a profit, and he didn't say they aren't generating any revenue. He said they don't make money, which is ambiguous.  Saying a company isn't making any profit has a clear meaning. Saying a company isn't generating revenue has a clear meaning.  Saying a company isn't making any money does not. It could imply the company is not generating any revenue at all, or that it's not realizing a profit from the revenue that it is generating.  I'm not sure how you read my original comment and come away with the idea that I don't understand the difference between profit and revenue when that was specifically the point I was making."}
{"_id": "502257", "title": "", "text": "It's interesting that the most upvoted comments miss the point entirely.  They did not have tax/insurance escrows.  They make the point that they were not *required* by their loan docs to have escrows.  Further, they make the point that despite not being required to have escrows **AND** being current on taxes and insurance, B of A paid the taxes in duplicate and **forced** insurance.  I have several mortgages with B of A from acquired companies.  I have been current on insurance on all accounts with the same insurance provider since before the four years or so BoA has owned/serviced the accounts.  At least once a year BoA either notices me that they are going to or actually does force place insurance.  If I don't catch them in time it can be 8-10 phone calls over several months to get credited back properly."}
{"_id": "502267", "title": "", "text": "\"I don't believe it makes a difference at the federal level -- if you file taxes jointly, gains, losses, and dividends appear on the joint tax account.  If you file separately, I assume the tax implications only appear on the owner's tax return.  Then the benefits might outweigh the costs, but only if you correctly predict market behavior and the behavior of your positions. For example, lets say you lose 30k in the market in one year, and your spouse makes 30k.  If you're filing jointly, the loss washes out the gain, and you have no net taxes on the investment.  If you're filing separately, you can claim 3k in loss (the remaining 27k in loss is banked to future tax years), but your spouse pays taxes on 30k in gain. Where things get more interesting is at the state level.  I live in a \"\"community property state,\"\" where it doesn't matter whether you have separate accounts or not.  If I use \"\"community money\"\" to purchase a stock and make a million bucks, that million bucks is shared by the two of us, whether the account is in my name our in our name.  income during the marriage is considered community property.  However property you bring into the marriage is not.  And inheritances are not community property -- until co-mingled. Not sure how it works in other states.  I grew up in what's called an \"\"equitable property state.\"\"\""}
{"_id": "502269", "title": "", "text": "What nonsense. You're in effect saying that companies that might face negative npv project should simply 'look harder'. Hell no, as a shareholder I demand they have a fiduciary role. If buybacks are excessive due to CEO incentives to the expense of worthwhile project, that's a different problem and always leave me to vote with my departure as a shareholder."}
{"_id": "502271", "title": "", "text": "Thanks very much.  12b1 is a form that explains how a fund uses that .25-1% fee, right? So that's part of the puzzle im getting at.  I'm not necessarily trying to understand my net fees, but more who pays who and based off of what.   For a quick example, betterment bought me a bunch of vanguard ETFs. That's cool. But vanguard underperformed vs their blackrock and ssga etfs. I get that vanguard has lower fees, but the return was less even taking those into account.  I'm wondering, first what sort of kickback betterment got for buying those funds, inclusive of wholesale deals, education fees etc.  I'm also wondering how this food chain goes up and down the sponsor, manager tree.  I'm sure it's more than just splitting up that 1%"}
{"_id": "502272", "title": "", "text": "I'm not that familiar with them, but as I understand it Eladian is mostly run by Automated Trading Desk guys. (Don't get me wrong ADT was definitely a strong firm at its prime, but I think Citi really gutted it).  I'm sure they have some ex-Citadel people there, but I'm not sure how important they were (I could be wrong, like I said I don't know who's at Eladian). Without dropping names, Headwinds snagged the researcher who pretty much wrote all of Citadel's core HFT algorithms."}
{"_id": "502281", "title": "", "text": "As somebody that hasn't lived in areas where agriculture is present, I'm genuinely curious. Let's say I'm a recent high school graduate looking at jobs that are available to me. What room for advancement is there if I decide to start picking crops? Isn't that seasonal work? Could I count on a job that pays year round?  My impression is that lots of labor is needed for short periods of time when it comes to picking crops but that the jobs are temporary, which I can't imagine makes them particularly attractive to potential hires."}
{"_id": "502283", "title": "", "text": "\"They are basically asking for the name of the legal entity that they should write on the check. You, as a person, are a legal entity, and so you can have them pay you directly, by name. This is in effect a \"\"sole proprietorship\"\" arrangement and it is the situation of most independent contractors; you're working for yourself, and you get all the money, but you also have all the responsibility. You can also set up a legal alias, or a \"\"Doing Business As\"\" (DBA) name. The only thing that changes versus using your own name is... well... that you aren't using your own name, to be honest. You pay some trivial fee for the paperwork to the county clerk or other office of record, and you're now not only John Doe, you're \"\"Zolani Enterprises\"\", and your business checks can be written out to that name and the bank (who will want a copy of the DBA paperwork to file when you set the name up as a payable entity on the account) will cash them for you. An LLC, since it was mentioned, is a \"\"Limited Liability Company\"\". It is a legal entity, incorporeal, that is your \"\"avatar\"\" in the business world. It, not you, is the entity that primarily faces anyone else in that world. You become, for legal purposes, an agent of that company, authorized to make decisions on its behalf. You can do all the same things, make all the same money, but if things go pear-shaped, the company is the one liable, not you. Sounds great, right? Well, there's a downside, and that's taxes and the increased complexity thereof. Depending on the exact structure of the company, the IRS will treat the LLC either as a corporation, a partnership, or as a \"\"disregarded entity\"\". Most one-man LLCs are typically \"\"disregarded\"\", meaning that for tax purposes, all the money the company makes is treated as if it were made by you as a sole proprietor, as in the above cases (and with the associated increased FICA and lack of tax deductions that an \"\"employee\"\" would get). Nothing can be \"\"retained\"\" by the company, because as far as the IRS is concerned it doesn't exist, so whether the money from the profits of the company actually made it into your personal checking account or not, it has to be reported by you on the Schedule C. You can elect, if you wish, to have the LLC treated as a corporation; this allows the corporation to retain earnings (and thus to \"\"own\"\" liquid assets like cash, as opposed to only fixed assets like land, cars etc). It also allows you to be an \"\"employee\"\" of your own company, and pay yourself a true \"\"salary\"\", with all the applicable tax rules including pre-tax healthcare, employer-paid FICA, etc. However, the downside here is that some money is subject to double taxation; any monies \"\"retained\"\" by the company, or paid out to members as \"\"dividends\"\", is \"\"profit\"\" of the company for which the company is taxed at the corporate rate. Then, the money from that dividend you receive from the company is taxed again at the capital gains rate on your own 1040 return. This also means that you have to file taxes twice; once for the corporation, once for you as the individual. You can't, of course, have it both ways with an LLC; you can't pay yourself a true \"\"salary\"\" and get the associated tax breaks, then receive leftover profits as a \"\"distribution\"\" and avoid double taxation. It takes multiple \"\"members\"\" (owners) to have the LLC treated like a partnership, and there are specific types of LLCs set up to handle investments, where some of what I've said above doesn't apply. I won't get into that because the question inferred a single-owner situation, but the tax rules in these additional situations are again different.\""}
{"_id": "502291", "title": "", "text": "Economically, you would say that purchased and rented real estate are not perfect substitutes--they are largely separate markets.  Only a few people are able to easily switch from one to the other and that choice is sticky--for example, once you buy a house, prices would have to rise a lot for it to be worth it to sell it and move into an apartment. In both markets there is a supply and demand curve, but the slope of the demand curve for houses to purchase is much steeper than the demand curve for rentals. The market for new housing fluctuates rapidly because it requires a large change in housing prices to change the number of people looking to buy a house.  Most decisions to buy a house are not driven by the state of the housing market.  This describes a supply/demand graph with a very steep demand curve.  Additionally, because of the leverage provided by mortgages, the demand for houses depends critically on relatively small changes in the interest rate and availability of loans.  Thus the steep demand curve shifts all over the place as borrowing conditions change. On the other hand, apartment prices are more stable because people easily move from one apartment to another and people living in their parent's basements easily move into apartments if prices change.  A small change in the price or quantity of rentals brings about reasonable response in quantity demanded.  This is the situation where the demand curve is shallow.  In addition, rentals are not tied to interest rates tightly, nor are they as strongly tied to economic conditions (in a recession, people avoid buying but renters continue to rent)."}
{"_id": "502332", "title": "", "text": "The company doesn't necessarily have to go public. They can also be worth money if the company is acquired. Also keep in mind that even if the company does eventually go public, your shares can essentially be wiped out by a round of pre-IPO funding that gives the company a low valuation. You could ask:"}
{"_id": "502333", "title": "", "text": "Fixed-rate mortgage is supposed to give you security. You are not going to get the best possible rate, but it is safe and predictable. Your argument is the same as complaining that you are paying for home insurance and your home hasn't burnt down.  Switching to a variable rate mortgage right now seems a bad idea, because there is some expectations that rates are going up. If you can overpay, that is probably what you should do unless you can invest with better return after tax than your mortgage interest. It doesn't just shorten the time of your mortgage; every time you overpay \u00a3500 your mortgage principal is down by \u00a3500, and you pay interest on \u00a3500 less.  And if the interest rate goes up over the next five years as you seem to hope, that just means you will pay higher interest when your mortgage needs renewing.  You can't hope to always make the optimal decision. You made a decision with very low risk. As with any decision, you don't know what's in the future; a decision that is low risk if the risk could lead to fatal results is not unwise. You could have picked a variable rate mortgage and could be paying twice as much interest today."}
{"_id": "502345", "title": "", "text": "\"If you read the comments from [the other posting of this article](http://www.reddit.com/r/news/comments/v7y6p/not_christian_enough_job_seeker_sues_company_for/) this was brought up. *movesIikejagger* stated \"\"[It would actually be difficult for him not to win since...] they asked about his religion in the interview. If his religious preferences didn't affect whether or not they hired him they shouldn't have asked.\"\"\""}
{"_id": "502353", "title": "", "text": "Yes. It's terrible with terrible advice such as insider trading. The insider trading is really the only advice that's not common knowledge such as buy assets not liabilities and pay yourself first.   There is nothing in this book that would help anyone become wealthy. In fact is stated that education and savings will not make you rich. Which may be true but those two should never be discounted!  This guy is a scam artist and made his millions from the book and nothing else."}
{"_id": "502358", "title": "", "text": "On Black Friday, 1929,the market fell from over 350 to just above 200. If you were following your plan then you would buy in at about 200. But look what the market did for two years after Black Friday.   It went down to about 50. You would have lost around 75% of your capital."}
{"_id": "502366", "title": "", "text": "\"Credit cards have three important advantages. None of them are for day-to-day borrowing of money. Safety - Credit cards have better fraud protection than checks or cash, and better than most debit/check cards. If you buy something with a credit card, you also get the issuer's (think Visa) assurances that your will get the product you paid for, or your money back. At almost any time, if a product you buy is not what you expect, you can work with the issuer, even if the store says \"\"screw you\"\". Security - Credit cards are almost universally accepted as a \"\"security\"\" against damages to the vendor. Hotels, car rentals, boat rentals etc. will accept a credit card as a means of securing their interests. Without that, you may have to make huge deposits, or not be able to rent at all. For example, in my area (touristy) you can not rent a car on debit or cash. You must use a credit card. Around here most hotel rooms require a credit card as well. This is different from area to area, but credit cards are nearly universally accepted. Emergencies - If you're using your credit card properly, then you have some extra padding when stuff goes wrong. For example, it may be cheaper to place a bill on a credit card for a couple months while you recover from a car accident, than to deplete your bank account and have to pay fees. Bonus - Some cards have perks, like miles, points, or cash back. Some can be very beneficial. You need to be careful about the rules with these bonuses. For example, some cards only give you points if you carry a balance. Some only give miles if you shop at certain stores. But if you have a good one, these can be pretty fantastic. A 3% cash back on purchases can make a large difference over time.\""}
{"_id": "502389", "title": "", "text": "\"Careful with saying \"\"no need\"\".  Look careful at the cost of life insurance. That cost depends obviously on the amount, but also on the age when you start paying into the insurance. If you take out a $100,000 insurance at 20, and someone else takes it out at 30, and a third person at 50, they will pay hugely different amounts when you reach the same age. You will pay less when you are 50 then the person taking out insurance at 30 when they reach the age of 50, and less again than the person who just started with their life insurance.  And as mhoran said, once you have insurance you can keep it even if you get an illness that would make you uninsurable.\""}
{"_id": "502418", "title": "", "text": "I have an iPhone and live in a 3rd world country... you know what people are doing? They're buying iPhone 1s and iPhone 3gs... so they can still have the apple experience...  I had a galaxy tab and had two android phones... I traded all of that away since android wasn't for me...  Will I go to android again at a lower price? Unlikely..."}
{"_id": "502427", "title": "", "text": "The bank doesn't have to do anything. It is your responsibility to provide the proof of insurance. It is the agent's job, which you through your HOA dues paid for, to provide that proof to you. You shouldn't be registering with icerts. They say so in the first sentence on the registration page: Unit Owners, Do Not Register Here! If you own an existing property,   and have received a letter from your lender requiring an annual   renewal/updated certificate for an association that has recently   expired, please forward that letter to info@iCerts.com to receive   instructions to place your order. If your request is a new loan of any   kind, please contact your lender and request that they either contact   us to place this order, or register below. So you can try that route (sending an email to info@icerts.com), and see if it works. It does cost money, in the range of $20-$100 (I used a different similar service at the time and they charged $75 for this). If it doesn't, you can try and work with the insurance agent. There are some ways to persuade them: California has very strong traditions of consumer protections. In this case, I suggest checking out this site. Let the insurance agent know that as the HOA member - they're working for you, and that in the next HOA meeting you will raise a request to change the insurance agency. Also, remind the agent that the CA Insurance Commission will knock on their doors to ask why they don't provide you with the proof you need. If the HOA management company doesn't help you, you can remind them that they too can be fired. This can be done, and isn't even all that hard. There's a lot of competition in the HOA management market, and it wouldn't be too hard to find a new management company. The HOA management company should have provided you the proof of coverage when they renewed the policy."}
{"_id": "502432", "title": "", "text": "\"There is no general theory to support the notion that larger companies will be more profitable than smaller companies.  Economies of scale are not always positive, one can have diseconomies of scale too.   It is more common to talk about an optimal firm size, even going back to Stigler's (1958) \"\"The Economies of Scale.\"\"  Intuitively, if economies of scale extended indefinitely, then natural monopolies would dominate all industries in the long run. A profit ratio, unfortunately, wouldn't quite get at scale economies.  Consider, for example, that the denominator of your metric would be profit+cost and that you are trying to get at the cost reduction that derives from scale.  Then, you are measuring the size of a company by the exact metric that should be reduced if scale economies exist, so the calculation would be a bit confounded. It is my understanding that such assessments are usually conducted at the industry level by determining whether the industry is becoming increasingly concentrated among fewer firms over time. (Again see Stigler).   If concentration is increasing, there is an implication that, at current firm sizes, there are economies of scale in the industry.\""}
{"_id": "502455", "title": "", "text": "&gt; Did, say, running Parallels and then Excel on Windows allow for the Windows shortcuts and features?  Yes, except that you don't have certain keys on your keyboard (home, end, page up, page down) and there aren't really excess keys on the minimalist Mac keyboard to remap to those, so your stuck using an awkward combination of Fn + Ctrl + Arrow Key, which I have never found as fluid, or an external keyboard."}
{"_id": "502477", "title": "", "text": "&gt; This allows companies like FedEx ground to not have to show an IT cost.  1) Doesn't the cost show up for the parent company?    2) Are the increased profits mostly due to tax savings? So,    3) If say, taco bell losses a little money while kfc makes a killing, parent company yum brands still gets a tax saving on its taco bell division even though over all the parent company did quite well?   4) Thanks for explaining this stuff by the way. Very interesting."}
{"_id": "502482", "title": "", "text": "Depending on the the requirements of the annuity you might be able to pull back to part time for  a semester, thus reducing the bill for that semester. During that semester either get a job that will allow you to save money, or get an internship related to your major. Some of these programs alternate between work semesters and schools semesters.  Many colleges have an installment plan, where the payments are due every month, they usually spread them out over a 10 month period. Most only charge a nominal fee to set up the plan. This would reduce the amount of money needed to bridge the gap to only a portion of the tuition payments for the spring semester. You could also live off campus to save money. There is no guarantee it will be cheaper, but because the costs aren't fixed and due at the start of the semester, you might be able to stretch your budget."}
{"_id": "502493", "title": "", "text": "Bren's comment is right on the mark.  The typical solution is to divide all bills by 5, and for special items, the person buying it just marks his name that it's not community food.  Your attempt at a granularity level this detailed is admirable, but produces false results. What happens when I claim to be a zero percent milk drinker but when someone gives me cookies, I have a glass of milk?  The effort to get true accuracy will cost far more in time spent than the results are worth."}
{"_id": "502495", "title": "", "text": "Diversification is a good method of risk management. Different types of investments do better in different situations and economic climates. Invest all your money at the wrong time in a single product and you could lose everything. You could also technically make a great deal of money, but actions such as these are the actions of speculators, not investors.  Spreading your investments appropriately lets you maximize your growth opportunities while limiting your risk."}
{"_id": "502514", "title": "", "text": "Your experience is anecdotal (outside Australia things are different). There are many companies and real estate investment trusts (REITs) that own residential properties (as well as commercial in many cases to have a balanced portfolio). They are probably more common in higher-density housing like condos, apartment buildings, flats, or whatever you like to call them, but they are certainly part of the market for single family units in the suburbs as well. What follows is all my own opinion. I have managed and rented a couple of properties that I had lived in but wasn't ready to sell yet when I moved out. In most cases, I wish I would have sold sooner, rather than renting them out. I think that there are easier/less risky ways to get a good return on your money. Sometimes the market isn't robust enough to quickly sell when it's time to move, and some people like the flexibility of having a property that a child could occupy instead of moving back in at home. I understand those points of view even if I disagree with them."}
{"_id": "502538", "title": "", "text": "In theory, yes. In practice: So it can be gamed, but the odds are not on your side :)"}
{"_id": "502555", "title": "", "text": "\"It's a quote from the article, hence the passage being put in quotations.   It's already a ghetto, \"\"Today its population is closer to 10,000, about 90 percent of whom are black. The per capita income of its residents is roughly $10,000; about 60 percent of its population is on some form of public assistance. \"\"  That's another quote from the article.  You should really read the article, there's some real WTF stuff in there. If the exact same article had been published in the Washington Times instead of the New York Times,  Al Sharpton and Jesse Jackson would be leading a protest claiming it was racist.\""}
{"_id": "502560", "title": "", "text": "\"Crowdfunding can be a legitimate means of funding very small startups. It is an innovative, but obviously risky, method of raising small amounts of money. As such it is now regulated by the SEC under \"\"Regulation Crowdfunding\"\" They have published guides for these types of business startups to help them with required disclosures and reporting requirements: https://www.sec.gov/info/smallbus/secg/rccomplianceguide-051316.htm Here's the introduction to the relevant regulatory authority of the SEC: Under the Securities Act of 1933, the offer and sale of securities must be registered unless an exemption from registration is available.  Title III of the Jumpstart Our Business Startups (JOBS) Act of 2012 added Securities Act Section 4(a)(6) that provides an exemption from registration for certain crowdfunding transactions.[2]  In 2015, the Commission adopted Regulation Crowdfunding to implement the requirements of Title III.[3]  Under the rules, eligible companies will be allowed to raise capital using Regulation Crowdfunding starting May 16, 2016. It is obviously a new form of investment but you should be able to get historical data on the SEC's real time Edgar reporting system once there is some history. This is a search for all Form C's filed as of 12/2/16\""}
{"_id": "502567", "title": "", "text": "Unfortunately it is not possible for an ordinary person to become an accredited investor without a career change. Gaining any legal certification in investments typically require sponsorship from an investment company (which you would be working for). There are reasons why these kinds of investments are not available to ordinary people directly, and you should definitely consult an RIA (registered investment adviser) before investing in something that isn't extremely standardized (traded on an major exchange). The issue with these kinds of investments is that they are not particularly standardized (in terms of legal structure/settlement terms). Registered investment advisers and other people who manage investments professionally are (theoretically) given specific training to understand these kinds of non-standard investments and are (theoretically) qualified to analyze the legal documentation of these, make well informed investment decisions, and make sure that their investors are not falling into any kind of pyramid scheme.  There are many many kinds of issues that can arise when investing in startups. What % of the company/ the company's profits are you entitled to? How long can the company go without paying you a dividend? Do they have to pay you a dividend at all? How liquid will your investment in the company be? Unfortunately it is common for startups to accept investment but have legal restrictions on their investors ability to sell their stake in the business, and other non-standard contract clauses. For example, some investment agreements have a clause which states that you can only sell your stake in the business to a person who already owns a stake in the business. This makes your investment essentially worthless - the company could run for an exponential amount of time without paying you a dividend. If you are not able to sell your stake in the company you will not be able to earn any capital gains either. The probability of a startup eventually going public is extremely small.. so in this scenario it is likely you will end up gaining no return investment (though you can be happy to know you helped a company grow!)  Overall, the restrictions for these kinds of investments exist to protect ordinary folks from making investing their savings into things that could get them burned. If you want to invest in companies on FundersClub build a relationship with an RIA and work with that person to invest your money. It is easier, less risky, and not all that more expensive :)"}
{"_id": "502594", "title": "", "text": "One extremely important aspect that must be taken into consideration is the state of the housing market. If prices are rising it will probably be a false economy to delay your house purchase. Say you pay off a \u00a35,000 student loan, thus delaying your house purchase another year you could well end up forking out an extra \u00a310,000 on the mortgage due to the rise in house prices. Of course, if the housing market is falling then, without a doubt, pay off the student debt."}
{"_id": "502607", "title": "", "text": "No, Mark is right, if you place a market order there will always be someone to buy or sell at the market price.  Only if you place a limit order on the price can it not sell or be bought.  Just research on your computer and you will find your answer.  You must be specify about open order or limit order when asking."}
{"_id": "502614", "title": "", "text": "As a follow-up, I ended up buying:    * Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity (Pignataro, Paul; Hardcover)     * Mergers, Acquisitions, Divestitures, and Other Restructurings, + Website (Pignataro, Paul; Hardcover)     * The Essential CFO: A Corporate Finance Playbook (Nolop, Bruce P.; Paperback)"}
{"_id": "502616", "title": "", "text": "\"Since you seem to be the expert.... riddle me this:  What is the breakdown of entrepreneurs and how they operate by: LLCs, C-Corp, S-Corp, Sole-proprietor?  Is it: 15/35/20/30?  You basically need to know what this breakdown is in order to claim that \"\"most entrepreneurs pay hardly any income tax at all.\"\"    So... what is it, and please cite your source.\""}
{"_id": "502628", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans West Covina CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Get Auto Car Title Loans West Covina CA 1203 W Francisquito Ave # 1207, West Covina, CA 91790 626-653-4292 atlwestcovina@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-covina-ca/"}
{"_id": "502634", "title": "", "text": "\"Buying gold, silver, palladium, copper and platinum. The first two I am thinking about new currencies. The last three for the perpetual need for the metals in industry. I also have invested in Numismatic coins. They are small portable and easy to hide around the house. I only collect silver coins, so even if the world really blows up and numismatics goes out the window, I can depend on them forming a barter system through the content value of the silver. The problem with collectable items is that they are easy to see. For example, a nice painting just shouts out \"\"steal me!\"\". I don't buy large gold coins. As long as the coin is below 1/4 Oz gold I collect it. If the dollar does finaly collapse, to be honest it will be so bad that I think weapons will be order of the day. Do I think it will collapse...nah never.\""}
{"_id": "502644", "title": "", "text": "\"Wait a minute.   16 years later, and we still have to remove shoes and laptops, but the one good thing that came out of post-9/11 security is the first to go away?   \"\"Yeah honey just drop me at the curb, you can't get through security anyway.\"\"  \"\"Oh you sure? k, safe travels BYE\"\"  I'm seriously convinced this is to boost parking revenue.\""}
{"_id": "502658", "title": "", "text": "I would advise against this, answering only the first part of question #1. Borrowing and lending money among friends and family members can often ruin relationships.  While it can sometimes be done successfully, this is most likely not the case.  All parties involved have to approach this uniquely in order for it to work.  This would include your son's future significant other.  Obviously you have done very well financially, congratulations.  Your view for your son might be for him to pay you off ASAP:   Even after becoming a doctor, continue to live like a student until the loan is paid off.   His view might be more conventional; get the car and house and pay off my loans before I am 50.  He may start with your view, but two years in he marries a woman that pressures him to be more conventional.   My advice would be to give if you can afford to, but if not, do not lend.  If you decide to lend then come up with a very clear agreement on the repayment schedule and consequences of non-payment.  You may want to see a lawyer. For the rest of it, interest payments received are taxable."}
{"_id": "502666", "title": "", "text": "\"RealPay has developed a user friendly early debit order solution that operates in the NAEDO (Non-Authenticated Early Debit Order) payment stream. This system enables users to electronically deduct time sensitive future dated instalments directly from clients\u2019 bank accounts.\"\"\""}
{"_id": "502668", "title": "", "text": "Do you have questions about our painting services? Have you found the painting services that you need to get your home looking great again? If not, then take some time to look at our website and to give us a call today to get the best results for the work that you want to do. http://barwickpainting.com/"}
{"_id": "502686", "title": "", "text": "\"Thanks for your question. Definitely pay the car down as soon as possible (reasoning to follow). In fact, I would go even further and recommend the following: Why? 1) Make money risk free - the key here is RISK FREE. By paying down the loan now, you can avoid paying interest on the additional amount paid toward principal risk free. Imagine this scenario: if you walked into a bank and they said, \"\"If you give us $100, we'll give you $103 back today\"\", would you do it? That is exactly what you get to do by not paying interest on the remaining loan principal. 2) The spread you might make by investing is not as large as you may think. Let's assume that by investing, you can make a market return of 10%. However, these are future cash flows, so let's discount this for inflation to a \"\"real\"\" 8% return. Then let's assume that after fees and taxes this would be a 7% real after-tax return. You also have to remember that this money is at risk in the market and may not get this return in some years. Assuming that your friend's average tax rate on earned income is 25%, this means that he'd need to earn $400 pre-tax to pay the after-tax payment of $300. So this is a 4% risk-free return after tax compared to a 7% average after tax return from the market, but one where the return is at risk. The equivalent after-tax risk-free return from the market (think T-Bills) is much lower than 7%. You are also reducing risk by paying the car loan off first in a few other ways, which is a great way to increase peace of mind. First, since cars decline in value over time, you are minimizing the possibility that you will eventually end up \"\"under water\"\" on the loan, where the loan balance is greater than the value of the car. This also gives you more flexibility in terms of being able to sell the car at any point if desired. Additionally, if the car breaks down and must be replaced, you would not need to continue making payments on the old loan, of if your friend loses his job, he would own the car outright and would not need to make payments. Finally, ideally you would only be investing in the market when you intend to leave the money there for 5+ years. Otherwise, you might need to pull money out of the market at a bad time. Remember, annual market returns vary quite a bit, but over 5-10 year periods, they are much more stable. Unfortunately, most people don't keep cars 5-10+ years, so you are likely to need the money back for another car more frequently than this. If you are pulling money out of the market every 5-10 years, you are more likely to need to pull money out at a bad time. 3) Killing off the \"\"buy now, pay later\"\" mindset will result in long-term financial benefits. Stop paying interest on things that go down in value. Save up and buy them outright, and invest the extra money into things that generate income/dividends. This is a good long-term habit to have. People also tend to be more prudent when considering the total cost of a purchase rather than just the monthly payment because it \"\"feels\"\" like more money when you buy outright. As a gut check for whether this is a good idea, here is an example that Dave Ramsey likes to use: Suppose that your friend did not have the emergency fund, and also did not have the car loan and owned the car outright. In that case, would your friend take out a title  loan on the car in order to have an emergency fund? I think that a lot of people would say no, which may be a good indicator that it is wise to reduce the emergency fund in order to wipe out the debt, rather than maintaining both.\""}
{"_id": "502713", "title": "", "text": "The goal of a good IPO underwriter is to set the price such that it brings as much money as possible to the company.   * Too low: Early stock flippers get the money that should be going to the company.  * Too high: Not all the stock gets sold.  By that definition, **Facebook should be recorded as the most successful IPO of all time**.   The problem is investors have gotten used to incompetent and/or corrupt underwriters that set the price too low. The company gets screwed, but the underwriter\u2019s buddies make some quick cash on the flip."}
{"_id": "502721", "title": "", "text": "Consumers who have been forced into Obamacare are still clearly being asked in some cases to pay virtually unlimited out of pocket costs for drugs.  This was an example from the past which is still allowed, some people can be asked to pay an extra $24k a year (for the rest of 2014) or perhaps even more. This system is broken and there is no desire to fix it, just cover it up with astroturfers who shout down anybody who points out the madness of this race to the bottom.  http://www.nationalhealthcouncil.org/NHC_Files/Pdf_Files/NHC_MOOP_letter.pdf"}
{"_id": "502747", "title": "", "text": "\"Using your example link, I found the corresponding chart for a stock that trades on London Stock Exchange: https://ca.finance.yahoo.com/echarts?s=RIO.L#symbol=RIO.L;range=1d As you can see there, the chart runs from ~8:00am to ~4:30pm, and as I write this post it is only 2:14pm Eastern Time.  So clearly this foreign chart is using a foreign time zone.  And as you can see from this Wikipedia page, those hours are exactly the London Stock Exchange's hours. Additionally, the closing price listed above the graph has a timestamp of \"\"11:35AM EST\"\", meaning that the rightmost timestamp in the graph (~4:30pm) is equal to 11:35AM EST.  16:30 - 11:30 = 5 hours = difference between London and New York at this time of year. So those are two data points showing that Yahoo uses the exchange's native time zone when displaying these charts.\""}
{"_id": "502748", "title": "", "text": "\"Not sure what you mean by \"\"missing\"\". Credit card debt can be paid back in full when you get the bill, or you can \"\"take a loan\"\" and \"\"pay in installments\"\". If you do the latter, and pay back at least the minimum required amount on time, you are not \"\"missing\"\" your payment. Technically, you are taking a small, but expensive loan, and if you pay that loan back according to the terms and conditions that apply to your credit card, this is reported to the credit bureau and improves your credit. If you are really \"\"missing your payment\"\", paying late (more than a few days), less than minimum or nothing at all, this won't help to improve your credit. A \"\"first-time offender\"\" won't always be reported to the credit bureau, but if he is, it won't be a positive report.\""}
{"_id": "502750", "title": "", "text": "\"I am currently running 12%. This is including IRA, 401k, HSA, and tax accounts. My LC is not a tax sheltered.The share used to be around 25% but i have been very aggressively putting away alot more into 401k/HSA. My current NAT returns on LC are 14.3%, but not a single loan has seasoned, i am nearing my first full year, and i have had 3 defaults in 150~ loans. My % across grades: A-0  B-6  C-30  D-31  E-20  F-12  G-1 Also to note, i use a very filter and only pick the \"\"best\"\" notes based on my own personally back testing. My 5 year average for stocks and such is around 11%, and YTD is 14%. Which is matching my LC rate. I am not sure which one will hurt more during the next bear markets, LC, or long term investments. Only time will tell. I suppose I plan on keeping my LC between 10-15% of my total investments. I will see how it goes as time goes on and my account gets more seasoned.\""}
{"_id": "502754", "title": "", "text": "No.  In a marginal tax system, only additional dollars that push you into a higher bracket are taxed at that higher rate.  If you would pay 15% on $73800, then when you earn over $73800, you will still only pay 15% of the $73800, plus 25% of the extra amount over $73800.  As far as a marginal income tax affects things, you cannot decrease your net income by increasing your salary.  (There can be other potential reasons to keep your income down besides income taxes, as asked in this question, but as the answer there suggests, these often aren't great reasons either.) As far as I know, every income tax system that has differing tax rates works this way.  That is, I'm not aware of any country with an income tax system where you can decrease your net earnings by moving into a higher bracket."}
{"_id": "502773", "title": "", "text": "Both Credit Card and Mortgage work on same principle. The interest is calculated on the remaining balance.  As the balance reduces the interest reduces. The Mortgage schedule is calculated with the assumption that you would be paying a certain amount over a period of years. However if you pay more, then the balance becomes less, and hence the subsequent interest also reduces. This means you would pay the loan faster and also pay less then originaly forecasted. The other type of loan, typically personal loans / auto loans in older days worked on fixed schedule. This means that you need to pay principal + Pre Determined interest. This is then broken into equal monthly installment. However in such a schedule, even if you pay a lumpsum amount in between, the total amount you need to pay remains same. Only the tenor reduces."}
{"_id": "502775", "title": "", "text": "If you look at academia as a business where you are the customer it makes sense that universities want to enroll as many people as possible. They know they'll get paid regardless since debts are guaranteed.  From the students perspective, buyer beware would certainly seem to apply. A Ferrari worth of student loans for a degree that doesn't have a high probability of profitability leads to poor economic outcomes.  This is true for all students. Debt will continue to climb until an equilibrium is met. The rules guaranteeing loans may have to change as well. There seem to be many perverse incentives to the current structure with anomalies such as having significantly more administrators than professors and a rapidly climbing total cost of degree."}
{"_id": "502780", "title": "", "text": "when weed is no longer a crime to grow, nobody will pay for it, but instead they will have a couple of plants growing in the kitchen window..  tobacco is a hideous drain upon the economy, not the other way around."}
{"_id": "502781", "title": "", "text": "My reason for not using direct debit is #4 on Dheer's list. I just don't know where exactly I'm going to have what balance on what day, because I usually don't leave more than $100-$200 on my checking, all my cash is in Savings. I also don't want to direct debit from Savings in order to not break the 6-withdrawals limit accidentally. I use direct debit to my credit card where its available, but most places charge for that and I don't want to pay the extra fee. So, I prefer to pay my bills manually. What I don't understand is the people who pay the credit card bills when the statement arrives. I haven't received a credit card statement in years. Don't they have on-line access? Can't they set reminders there? If so - throw the card away, and get a normal one. Same with mailing checks, by the way. I'm still not even half done with the free checks I got from Washington Mutual 5 years ago. I almost never write checks. All the bills are paid online, whether through bill-pay service or an ACH transfer."}
{"_id": "502803", "title": "", "text": "No one is arguing communism.  No one wants that.  I find it curious that that is the go-to accusation to anyone who wishes to put an end to the favor-the-wealthy economic policies that we've embraced since the 1980s (trickle-down theory, supply-side theory, Reaganomics).  We need a favor-the-middle class economic policy.  Your taxes and mine will not be affected, only the wealthiest among us will be, the billionaires and multi-millionaires.  What I'm saying is we need a return to the tax rates on the top tax bracket that we had during the 1950s and 1960s, a period shortly after World War II that was America's heyday.  I would hardly call that period in time communist, with McCarthyism and all the anti-communist fervor going around.  It's time to undo Reaganomics and go back to what has worked for our country before."}
{"_id": "502807", "title": "", "text": "Yes . .unfortunately this is related to our economy.  You see, Israel is basically a Jewish state and has spent the last 50 years, killing unarmed women and children in Palestine and building illegal settlements. They as a part of government policy deny their own Arab citizens rights, and as such are not a democracy, they are an Apartheid state.  Now Jews, are Jews first and then any thing else, like for instance American citizens, they are Jews first and will always put Jewry first.  Well thats all fine but, Jews also control the US economy and exert a great deal of control on the US politics via their control of the purse strings.  But America is supposed to be the defender of Democracy and Human Rights and is forced to publicly  support Israel which is now known to the world as an Apartheid State and a sower of discord and strife and the root cause of terrorism, and therefor by aligning with the Israeli's and giving them weapons and military aid, America shows it self as a hypocritical liar and a shallow state and grow in its isolation.  All the while Israel keeps harping about war and Iran and Syria and now Russia and forcing America to its own destruction while siphoning off all the fat from the US economy into Jewish pockets.  That Bedouin village is the Death of the US economy"}
{"_id": "502832", "title": "", "text": "\"&gt;There is no obvious reason why, even in a perfect world, we would go looking for a malleable, highly-conductive, corrosion-resistant metal as something to peg the value of our banknotes to.   If this were true, why force citizens to use a specific central bank's paper money via \"\"legal tender laws\"\"?  ;)  &gt;I will leave it to others to argue over whether a return to the gold standard would be a good idea, but the argument has nothing to with the intrinsic utility of gold. I'm sure we can all agree that gold is a fine metal with many good qualities.   Then what was the point of your post?  If you don't want to use gold as money, I would never force you to use gold.  It is the contention of the Austrian economists that there should be free and open competition in the money industry.  Allow people to choose their money.  Allow entrepreneurs to create systems to simplify the communication of prices across various monies.  The root of the problem is force and monopoly.\""}
{"_id": "502833", "title": "", "text": "Mostly because 3D printers is the way kids design, build and make things and **not limited on design shape and forms** (I means it literary.)  Some 3D printers cost less than a big Lego set (you can get a 3D printer for less than $300)"}
{"_id": "502840", "title": "", "text": "I think you've confused what I am saying here, as are others. I'm not making an argument where I say either private insurance vs. government management vs. single payer is best, because to me you are just arguing whether its more effective to shovel coal, wood or crumpled up paper into the fires of cost inflation.   The systems in the US, and all other OECD nations are actual quite similar, despite the semantic hair splitting of partisans (With ACA our system is quite indistinguishable from that of the netherlands). My point is that none of these systems contian costs, therefor none of them solve the core problem.  To put my point another way, As long as you fund health care through a financial product like insurance, whether it be public of private, you are going to see this level of inflation, just like we saw in housing prior to the sub-prime bubble, and just like we are seeing now with college tuition."}
{"_id": "502841", "title": "", "text": "The contradiction is not that executives who take strategic decisions are responsible for the decisions of a business and thus its profits or losses, because that's the result of the strategic planning they perform. The contradiction is that you deem yourself capitals of adding to this conversation without the slightest grasp of what you're saying."}
{"_id": "502845", "title": "", "text": "Supplier of\u00a0Quartz\u00a0Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php#quartz-grit-in-india Supplier of Quartz Grit in India, Manufacturer of Quartz Grit in India - Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. Usage of Quartz Grit in tiles, Ferro alloys, Ferro silicon, Ferro chrome, oil drilling, artificial granites, and electrical industries. Other applications of quartz grit are in steel industries, sugar refining, dairy farms, paper industries, chemical industries and water treatment plants."}
{"_id": "502854", "title": "", "text": "Trump equals institutional volatility, which equals market crashes. The longer he is around, the harder the crash will be, but don't worry, it will be blamed on the incoming administration anyway, like the 2007 crash was pinned to Obama. Reason and logic are required for healthy, stable markets, not so much for bull markets that grow based on twitter one liner news."}
{"_id": "502874", "title": "", "text": "\"&gt; The problem isnt sensing items going on/off shelf, but consumer behavior.  What do you mean by \"\"consumer behavior\"\"? Consumer behavior is heavily shaped by the environment; obviously people are going to behave differently in the proposed boxed-produced environment than in your conventional everything-in-the-open produce section.  &gt; Ever visited a farmers market/local grocer where produces are boxed in a orderly fashion?  Ever visited a farmer's market that's run by Amazon?  I sure haven't.\""}
{"_id": "502875", "title": "", "text": "Your calculations look correct in that they will be withholding taxes at the full year income rate even though you will only have 1/3 of that income which will put you in a lower tax bracket. There are online sites where you can fill out a return for free.  You can estimate your return by filling out a return using the numbers on your paystub (you will have to add in your last paystub manually). In regards to when you will get your refund check?  I believe it comes within a month or so of filing."}
{"_id": "502882", "title": "", "text": "\"No, because:  (a) People shift industries as wages adjust  (b) people increase their standard of living  Let's take (a).  As stockbreaker points out, most people in the United States were involved with agriculture at, say, 1800 (I dunno about 1900, but that's possible).  Yes, as we mechanized agriculture, we eliminated need for farm workers.  Simultaneously, as a factory worker could produce more *stuff*, the wage ratio became more-and-more favorable to move into factories.  As a result, we saw massive urbanization; instead of people living in the country, they moved to the city and worked in other types of jobs.  In 1700, in, say, England, less than half of the *men* were even literate.  Today, we spend over a decade simply educating people.  Then let's look at (b).  Let's say that you have some company with a couple of software engineers and a couple of business guys that makes huge amounts of money.  Google or something.  What are they going to *do* with that money?  Okay, maybe they don't pull a Bill Gates and just give it away, but seriously, what do they do?  Well, one thing they could do is to just live the life they would have anyway and refuse to spend any more money.  That's possible, but unlikely; people usually want to work for the things that money can buy, not just money.  So they go out and get a Rolex watch (which sends wealth to watch manufacture and marketing people) or a yacht (which sends wealth to boat builders).  Both are very pricey items relative to the benefit someone gets, but there's a degree of diminishing returns.  The money flows on back.  People have been concerned that we'd \"\"run out of work\"\" for a long time, as technology improves productivity.  They've proposed that we'd have to have an eight hour work week because there simply wouldn't be demand for the extra labor.  And if we maintained the kind of standard-of-living that people had a few centuries back, then maybe we would have that eight hour work week.  But historically, we've always simply found new things that cost more that soak up more money.\""}
{"_id": "502898", "title": "", "text": "NeoSize XL is one such regular penis extension item that contains intense natural fixings whose adequacy and viability in the zone of penis developments are uncommon. Before taking the this product you should take the medical consult neosize xl how to use. Buy You can buy a NeoSize XL supplement,  easy and fast from our online store. Through this product, you can achieve the better result and more money you can save."}
{"_id": "502909", "title": "", "text": "This is why you don't get to excited and accept the first offer.   Did they tell you that it was just sales and your main job would be cold calling people? If they lied to you, chances are she is lying to you about helping you to land a real job. Honestly, unpaid internships sounds like a scam. Maybe its the trend now, with the shitty economy, but I never did any kind of internship that was unpaid, and the only ones who offered unpaid were some shady places."}
{"_id": "502934", "title": "", "text": "Python or C are the most useful if you're on the quantitative side of things, that space can be a bit difficult to break in to without a quantitative degree, though.  Outside of that, excel, SQL, VBA etc. are useful tools if you're in a more spreadsheet-y role.  Your question has been asked more than a few times, so a subreddit search will probably turn up more detailed answers."}
{"_id": "502953", "title": "", "text": "\"**Tulip mania**  Tulip mania, tulipmania, or tulipomania (Dutch names include: tulpenmanie, tulpomanie, tulpenwoede, tulpengekte and bollengekte) was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced tulip reached extraordinarily high levels and then dramatically collapsed in February 1637. It is generally considered the first recorded speculative bubble (or economic bubble), although some researchers have noted that the Kipper-und Wipperzeit (literally Tipper and See-saw) episode in 1619\u201322, a Europe-wide chain of debasement of the metal content of coins to fund warfare, featured mania-like similarities to a bubble. In many ways, the tulip mania was more of a hitherto unknown socio-economic phenomenon than a significant economic crisis (or financial crisis). And historically, it had no critical influence on the prosperity of the Dutch Republic, the world's leading economic and financial power in the 17th century.  ***  **Greater fool theory**  The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price. In other words, one may pay a price that seems \"\"foolishly\"\" high because one may rationally have the expectation that the item can be resold to a \"\"greater fool\"\" later.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "502965", "title": "", "text": "\"A simple response is that it's a good political/strategic move. Ford have effectively said, \"\"We know we still have debt, but we think the long term future is so good we can go back to paying dividends.\"\" It builds investor confidence and attracts new money. It can also be seen as a way of Ford indicating that they believe the type of debt (regardless of the amount) is okay for them to carry.\""}
{"_id": "502970", "title": "", "text": "It was actually a reverse split meaning that every 10 shares you had became 1 share and the price should be 10x higher. - Citigroup in reverse split The chart just accounts for the split. The big dip is Googles way of showing from what price it split from. If you remember before the split the stock was trading around $4-$5 after the reverse split the stock became 10x higher. Just to clear it up a 1:2(1 for 2) split would mean you get 1 share for every 2 shares you have. This is known as a reverse split.  A 2:1(2 for 1) split means you get 2 shares for every 1 share you have. The first number represents the amount of shares you will receive and the second number represents how many shares you will be giving up."}
{"_id": "502981", "title": "", "text": "I was joking, like you were working in the New Jersey branch of \u05de\u05e9\u05e8\u05d3 \u05d4\u05e4\u05e0\u05d9\u05dd or something -- where everything you do needs approval from 120 different people, who rubber stamp it, after you fill out 120 forms...and wait in line, all day, of course...just to renew your .\u05ea\u05e2\u05d5\u05d3\u05ea \u05d6\u05d4\u05d5\u05ea  Anyway, the eclipse already passed over me and it was !\u05de\u05d3\u05d4\u05d9\u05dd"}
{"_id": "503025", "title": "", "text": "You can't tell for sure.  If there was such a technique then everyone would use it and the price would instantly change to reflect the future price value. However, trade volume does say something.  If you have a lemonade stand and offer a large glass of ice cold lemonade for 1c on a hot summer day I'm pretty sure you'll have high trading volume.  If you offer it for $5000 the trading volume is going to be around zero. Since the supply of lemonade is presumably limited at some point dropping the price further isn't going to increase the number of transactions.   Trade volumes reflect to some degree the difference of valuations between buyers and sellers and the supply and demand.  It's another piece of information that you can try looking at and interpreting.  If you can be more successful at this than the majority of others on the market (not very likely) you may get a small edge.  I'm willing to bet that high frequency trading algorithms factor volume into their trading decisions among multiple other factors."}
{"_id": "503034", "title": "", "text": "\"What it means is that you can always come up with alternative framings where the difference between two options is stated as a gain or a loss, but the effect is the same in either case.  For instance, if I offer to sell a T-shirt for $10 and offer a cash discount of $1, you pay $10 if buying with a credit card or $9 if buying with cash.  If I instead offer the shirt for $9 with a $1 surcharge for credit card use, you still pay $10 if buying with a credit card or $9 if buying with cash.  The financial result is the same in either case, but psychologically people may perceive them differently and make different buying decisions. In a tax situation it may be more complicated since exemptions wouldn't directly reduce your tax, but only your taxable income.  However, you can still see that, in general, having to pay $X more in tax for not doing some action (e.g., not purchasing health insurance) is the same as being able to pay $X less in tax as a reward for doing the action.  Either way, doing the action results in you paying $X less than you would if you didn't do it; the only difference is in which behavior (doing it or not doing it) is framed as the \"\"default\"\" option.  Again, these framings may differentially influence people's behavior even when the net result is the same.\""}
{"_id": "503040", "title": "", "text": "\"Whether or not the specific card in question is truly 0% interest rate for the first 12 months, such cards do exist. However, the bank does make money out of it on the average: Still, 12 months of not having to think about paying the bill. Nice. This is exactly what they want you to do. Then in 12 months, when you start thinking about it, you may find out that you don't have the cash immediately available and end up paying the (usually very large) interest. It is possible to game this system to keep the \"\"free\"\" money in investments for the 12 months, as long as you are very careful to always follow the terms and dates. Because even one mishap can take away the small profits you could get for a 12 month investment of a few thousand dollars, it is rarely worth the effort.\""}
{"_id": "503047", "title": "", "text": "\"Company values (and thus stock prices) rely on a much larger time frame than \"\"a weekend\"\".  First, markets are not efficient enough to know what a companies sales were over the past 2-3 days (many companies do not even know that for several weeks).  They look at performance over quarters and years to determine the \"\"value\"\" of a company.  They also look forward, not backwards to determine value.  Prior performance only gives a hint of what future performance may be.  If a company shut its doors over a weekend and did no sales, it still would have value based on its future ability to earn profits.\""}
{"_id": "503052", "title": "", "text": "yeah - the point is why should any foreign investor trust you with their money?  just because Bangladesh might have a hot housing market, doesn't make you a reliable or trustworthy partner.  Maybe if you were an established and reputable real estate investor this post might get traction."}
{"_id": "503056", "title": "", "text": "It's a short sale. See these for good overviews: http://www.realtor.org/library/library/fg335 http://homebuying.about.com/od/4closureshortsales/a/shortsalebasics.htm  You'll want input from your lawyer and accountant (assuming the lender says they would accept such a sale). Best of luck - sounds like this could be a great opportunity for you if it all comes together. DO NOT talk to a realtor."}
{"_id": "503062", "title": "", "text": "The main reason I'm aware of that very few individuals do this sort of trading is that you're not taking into account the transaction costs, which can and will be considerable for a small-time investor. Say your transaction costs you $12, that means in order to come out ahead you'll have to have a fairly large position in a given instrument to make that fee back and some money. Most smaller investors wouldn't really want to tie up 5-6 figures for a day on the chance that you'll get $100 back. The economics change for investment firms, especially market makers that get special low fees for being a market maker (ie, offering liquidity by quoting all the time)."}
{"_id": "503068", "title": "", "text": "IMO ebooks really only seem to work in the simplest of cases.  I have made several attempts to read several non-fiction e-books and in each case have failed miserably. I think the problem is design related more than anything. An ebook try to copy the form of a book w/o adequately copying the form of the book. So either (1) design ebooks in terms of what they will be read with or (2) design eReaders to be more like books.  For example, foot notes that appear on the bottom of the page are always a mess on any eReader. Solution (1) means making a footnote be more like a pop-up. Method (2) means making a format the can accurately (and logically) display footnotes."}
{"_id": "503075", "title": "", "text": "To add to @Victor 's answer; if you are entering a market order, and not a limit order (where you set the price you want to buy or sell at), then the Ask price is what you can expect to pay to purchase shares of stock in a long position and the Bid price is what you can expect to receive when you sell stock you own in a long position."}
{"_id": "503079", "title": "", "text": "\"I use a \"\"sinking\"\" fund.  If you want to buy a $1000 bicycle, you put $100 per month into a savings account.   10 months from now, you can buy your $1000 bicycle. If you get a $500 windfall, you can either put it in the sinking fund and buy the item earlier.  If you lose some income, you can put $50 per month in the fund.\""}
{"_id": "503100", "title": "", "text": "Due to the fact that months have gone by since the item was shipped to you it will be hard to resolve by sending it back.  The collection agency is now only interested in getting as much of the money as they can from you. They may have sent a percentage of the debt to the original company when they bought the debt. They may also be working on a commission. Therefore they are not interested in having everybody happy with the result. They need to follow the law, but they don't care if you are a happy customer.  The longer you wait to resolve it, the longer it will remain on the credit report. The fact that it went to collections has already hurt your score.  Yes, make sure that they update your credit file to reflect that you have paid the debt. Get it in writing. Also check with your health insurance company to see if this is at least partially covered by insurance. They generally won't cover the $12 in fees from the collections company, but they might cover part of the original bill. Depending on the item, it might also be an allowable expense for your FSA (Flexible spending account) or your HSA (Health Spending account)."}
{"_id": "503107", "title": "", "text": "Obama put Geithner in Treasury and Holder in Justice and they  implemented the biggest fraud operation of all time. The worst businessmen in all of history got bailed out, kept their jobs and were not prosecuted. And the debt went to $20 trillion and $4 trillion in rolling over QE. You think Obama was good on the economy? How do you think those who elected him in the swing states went on to elect Trump?"}
{"_id": "503114", "title": "", "text": "\"Its more than just \"\"taxes\"\" it's increased company funding for medical insurance, work comp insurance, disability insurance, etc etc.  There are many many top line liabilities that contribute to the final bottomline. All of the laypeople on here can say, oh there's such a huge revenue or gross profit and not know the details of the net net profit.\""}
{"_id": "503117", "title": "", "text": "I had to install Parallels to run another piece of (trading) software, so I typically just use Windows Excel within Parallels when I need extensive statistical analysis--then I get the best of both worlds:  Mac environment on everything but in depth Excel (run of the mill Excel for Mac works fine).  I hate Windows."}
{"_id": "503125", "title": "", "text": "\"&gt; Ok hate speech as a crime has to meet very specific criteria.  I really hate Nazis, communists, Marxists, anarchists and few more groups. Am I allowed?   Do you have a list of \"\"approved\"\" people to hate? Or, hate is not allowed at all toward any group, including sworn enemies?  &gt; swedish 70 year old lady who said ( i googled the case): \"\"Muslims burn cars and piss and shit on the streets\"\"   Do you think native Swedish people do that in Sweden? If not, than who burns cars and piss/shit in the streets of Sweden? Did she say she want to, or, call to harm Muslims?  Do you see how quickly Sweden became from the most free country in the world, to a country where Swedes are not free to say what's on their mind and not feel free in their own country?  &gt; She said ALL muslims pissing and shitting in the streets and set cars on fire.....   She did not!!! Don't put words in her mouth!  Everyone, including her, know that not all Muslims behave the same.  She said \"\"Muslims burn...\"\". In other words, she said, she thinks, she believes, and I believe too, that \"\"Muslims (not all) do these things, Swedes hardly if ever do these things.\"\"  &gt; \"\"raananh is a liar and steals everything he can and tends to shit on his bosses desk\"\". This is widely spread and you apply for a job in a law firm. They do not hire you because the boss likes his desk clean. Harm was done to you. You are pissed and righteously sue me because it's illegal to spread untruths about you.   You really need to study common worldwide law. You are mixing apples and oranges.   This is a PERSONAL ATTACK, against one person, and centuries ago, without democracy and modern rights, you could sue someone who wrongly defame you for damages. Even in Muslim worlds.  This is not on a group thing. If raananh is a Jew and the Boss says \"\"Jews are such and such\"\" and \"\"therefore raananh is such and such and I will not hire him\"\", it's still a personal attack.  Bottom line: You think like a typical German of today. No! You should be free to hate people, without someone to determine for you first who you are allowed to hate and who are not.   Everyone, especially people on the left, hates someone or group of people. Am I right or wrong?   You simply don't understand that expressing hate (verbally), if there's a basis for the hate, will make the other group realize their shortcoming. If you cannot criticize people and groups, you will end up in anarchy.  If the verbal hate is baseless, trust me, the haters are harming themselves more than they harm the groups they hate.\""}
{"_id": "503171", "title": "", "text": "Some large merchants do not give discounts for cash payments as this does not work out any cheaper for them, vs Credit Card payments. In Credit Card typically fees given to all the 3 parties (Merchant bank, Issuer Bank and Visa) would be around 3%. If cash payment is made, and the amounts are large (say at Walmart / K-Mart they have to deposit such cash at Banks, Have a provision to Storing Cash at Stores, People to count the cash. So essentially they will have to pay for Cash Officer to count,  Bigger Safe to store, Transport & Security & Insurance to take Cash to Bank Plus Banks charge around 1% charge for counting the large cash being deposited. This cash would be in local branch where as the operations are centralized and Walmart/K-Mart would need the money in central account, it takes time to get it transferred to a central account, and there is a fee charged by Bank to do this automatically. On the other hand, smaller merchants would like cash as they are operated stand-alone and most of their purchases are also cash. Hence they would tend to give a discount for cash payment if any."}
{"_id": "503188", "title": "", "text": "No it isn't crazy; healthcare is just product like any of myriad products you consume on a daily basis. Sure, some products and services are more important than others and have plenty of room for charity and not-for-profit providers. But saying it's crazy to seek profit on those things is absurd."}
{"_id": "503192", "title": "", "text": "Here are the 7:  1.  Use folders to Help Someone Who Is Not You (Right Now) find what they need  2.  Too many open browser tabs is harmful to your brain  3.  Save time and frustration with a Password Manger  4.  Zap your productivity apps so they work together  5.  Eliminate distractions and find your flow while writing  6.  Manage inbox chaos with Labels  7.  Save your most important content in one place"}
{"_id": "503221", "title": "", "text": "I agree of course that we SHOULD just test a product to see if it\u2019s good or not. But as the article states, a lot of consumers discard it based off date alone. So if a company can make X amount of dollars more by saying their eggs expire a few days earlier, that can be abused, right? All I\u2019m saying is there\u2019s so much ambiguity on the dates on packaging, some more regulation would be helpful (like regulations on ingredients)"}
{"_id": "503250", "title": "", "text": "\"Title touted in the press: \"\"LCD makers will pay a $538 million penalty.\"\"  Actual terms of settlement: \"\"LCD makers will pay a $37 million penalty, and set aside $501 million to partially reimburse those consumers who hear about the settlement, can find their receipts, and bother to fill out and send in a form.\"\"  I bet if every single consumer affected filled out the form it would cost the companies $501 million.  Seeing as only a fraction of affected consumers will actually do so, the companies will end up paying a far smaller penalty.  [Source](http://online.wsj.com/article/SB10001424052970203479104577124863769347498.html?mod=googlenews_wsj)\""}
{"_id": "503261", "title": "", "text": "\"Are there other options I haven't thought of? Mutual funds, stocks, bonds. To buy and sell these you don't need a lawyer, a real-estate broker and a banker. Much more flexible than owning real estate. Edit: Re Option 3: With no knowledge of investing the first thing you should do is read a few books. The second thing you should do is invest in mutual funds (and/or ETFs) that track an index, such as the FTSE graph that was posted. Index funds are the safest way to invest for those with no experience. With the substantial amount that you are considering investing it would also be wise to do it gradually. Look up \"\"dollar cost averaging.\"\"\""}
{"_id": "503274", "title": "", "text": "That the only movie series that I know of which has gone on for 20+ movies, the vast majority end after 3 or 4 and the last couple usually suck ass. And if anyone out there thinks Disney has a perfect track record for bringing out great sequels, I point you to Pirates3."}
{"_id": "503316", "title": "", "text": "Yeah right. Ask your average 8-13 year old anything about their parents, family, whatever and they'll tell it all! Privacy policies will be irrelevant when kids younger than 13 are spilling the beans about every facet of their parents'/siblings'/cousins' lives."}
{"_id": "503362", "title": "", "text": "\"The UK has Islamic banks. I don't know whether Germany has the same or not (with a quick search I can find articles stating intentions to establish one, but not the results). Even if there's none in Germany, I assume that with some difficulty you could use banks elsewhere in the EU and even non-Euro-denominated. I can't recommend a specific provider or product (never used them and probably wouldn't offer recommendations on this site anyway), but they advertise savings accounts. I've found one using a web search that offers an \"\"expected profit rate\"\" of 1.9% for a 12 month fix, which is roughly comparable with \"\"typical\"\" cash savings products in pounds sterling. Typical to me I mean, not to you ;-) Naturally you'd want to look into the risk as well. Their definition of Halal might not precisely match yours, but I'm sure you can satisfy yourself by looking into the details. I've noticed for example a statement that the bank doesn't invest your money in tobacco or alcohol, which you don't give as a requirement but I'm going to guess wouldn't object to!\""}
{"_id": "503381", "title": "", "text": "Primarily because they don't want big price movements when they are in the market. If they spook the markets, either they have to buy at a higher price, or they sell at a lower price or they decrease the price of their holdings(which isn't always a big factor). The 3 situations they didn't want to be in the first place. And the most important thing is most analysts are dumb bozos, whom you should ignore. They tout because they want to increase their exposure in your eyes, so that they may land a job in one of those big investment companies, or they might be holding stocks and want to profit from it. Frankly speaking if you take advice from the so called analysts, be prepared to say goodbye to your money some day, mayn't be always. One near case maybe Carson Block from Muddy Waters, but he does his homework properly."}
{"_id": "503394", "title": "", "text": "\"Suppose you have $100 today and suppose that hamburgers cost $5. If you are holding $100, you could buy 20 hamburgers at $5 each. Now suppose you take that $100 and stuff it under your mattress for 24 years. When you pull out your money, you still have $100, but it turns out hamburgers now cost $10.   The increase from $5 to $10 is inflation.   Your savings of $100 was \"\"eroded\"\" by half even though before and after you had $100 and now you can only buy 10 hamburgers instead of 20 hamburgers. Suppose inflation is 3%.   That means that if you earn 3% return on your investments, you'll stay even with inflation (If you can buy 20 hamburgers today, then at any point you can still buy 20 hamburgers).   If you want your money to grow in a real, tangible way you'll want to seek returns that beat the rate of inflation.\""}
{"_id": "503419", "title": "", "text": "\"You're probably not going to be able to get a loan from any kind of bank if your credit is bad. On top of bad credit if you don't own a home or car that only decreases your chances of getting a loan. On top of all this you don't have a job. I don't mean to be blunt but I don't see any way you could get a loan from a bank of any kind. Also what makes this business a good investment? Have you read over the business plan? Have you looked over financials to see what your investment would be helping with? Are you familiar with the legality of the business and make sure they have proper documentation. There's no guarantees in business and you saying there's all this free money out there is honestly not true. Do your homework, don't just throw your money into something because there is \"\"free money\"\". Also money and friends is not kosher at all i would not suggest borrowing that kind of money from anyone close to you. One last question, will you be a part owner in this business if you invest this kind of money?\""}
{"_id": "503421", "title": "", "text": "\"Quote from the article: \"\"The banks achieved this gigantic rip-off by secretly colluding to rig the public bids on municipal bonds, a business worth $3.7 trillion.\"\"  Please explain to me how you read that and why you think it is correct. Does it read as the banks made 3.7T? Are the values of the banks 3.7T? Did they steal 3.7T? Did the bonds return 3.7T? Or is it just that the total value of the bonds over many, many more years than this entire fraud took place total to 3.7, including the value that really was owned by bond holders and had nothing to do with the profits or theft?  (Hint #1: 3.7 trillion is not the worth of *any* of those businesses, not even the sum of all their market caps probably reaches that value. Hint #2: Matt Taibbi is smart enough to know this, yet writes it that way anyways because sloppy thinkers will buy his crap, find that the value of an entire class of assets is 3.7T, even though it is not the value of any business. It's like saying Citibank is worth the sum of all the deposits it holds, when that is nonsense).\""}
{"_id": "503427", "title": "", "text": "That's absurd, it's almost always cheaper for me to pay electronically and never more expensive, across pretty much everything.  Why on earth would they make it more expensive to have to deal with an old, manual process, that costs more to carry out and is more likely to result in a failed payment?"}
{"_id": "503438", "title": "", "text": "What the fuck is up with these comments? Are you all uneducated middle Americans?   College is 100% worth it. Kids just need to have more knowledge about loans in general. And how college is an investment in yourself, so choose to study something of value."}
{"_id": "503444", "title": "", "text": "Find today's latest refinance rates and new home loan rates and learn more from featured lenders. Our program is designed to assist future and current homeowners with the process of managing their credit and determining a house payment that is right for you. Therefore, if you are seeking for financial assistance in Delaware, you must seek the consultation of Highlands\u2019s mortgage in order to get the best deal and that too at lower prices."}
{"_id": "503449", "title": "", "text": "From a theoretical POV, it's in part due to Beta. Beta is a measure of volatility compared to the market. If the market returns 10%, and the risk free is 5%, then a company that has a beta 2 will have 2*(10%-5%) + 5% = 15% return. Usually it's not that great a measure for individual stocks because of the lack of diversification, eg if a company has a beta of 1, ie same expected returns as the market, and then it has a really bad earnings report, obviously is still going to go down even if the market is going up.  Fixed equation, Forgot to add RF back in."}
{"_id": "503450", "title": "", "text": "\"The existing IRS guidance in the US related to bitcoin indicates it will be taxed as property.   You'll sell your coins then when you file your taxes for that year you will indicate the dollar value that you sold as a capital gain with a $0 cost basis since you can't prove your initial cost.  You can use a block chain explorer to get an idea of when the coins were transferred to your wallet to lay to rest any idea that someone paid you $1,000,000 for some sort of nefarious reason today. Prepare to be audited, I'd probably shop around for a local tax guy willing to prepare your return.  Additionally, I probably wouldn't sell it all at once or even all in a single year. It's obvious but I think it's worth saying, there's no law against making money.  You bought the equivalent of junk a number of years ago that, by some kind of magic, has a value today.  You're capitalizing on the value increase.  I don't think there's a reason to \"\"worry\"\" about the government.\""}
{"_id": "503456", "title": "", "text": "&gt;Besides, I was offering a different solutions from moving to an entirely new country. I'm pretty sure if you can afford to move to a new country, you can afford to move to a different district.  Fair enough.   Though, moving to a new country might be cheaper depending on the cost of living/job opportunities, and housing prices. In the long run, at least."}
{"_id": "503465", "title": "", "text": "Dexmet Corporation is a firm working towards reducing battery costs by focusing on the chemistry of batteries. The firm thinks that it can reduce the cost of batteries by reducing the volume of metal in the batteries. The firm is trying to expand foils, which will be coated to make the anode and cathode in batteries. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "503467", "title": "", "text": "I found a comparison of stock and bond returns.  The relevant portion here is that bonds went up by 10% in 2007 and 20% in 2008 (32% compounded).  Stocks were already recovering in 2009, going up almost 26%.   You don't mention what you were hoping to get from your gold investment, but bonds gave a very good return for those two years."}
{"_id": "503476", "title": "", "text": "\"If your business is structured as a partnership or sole proprietorship you call this investment \"\"partner equity\"\".  If instead it is structured as a corporation, then the initial investment is called \"\"paid-in capital\"\".  Either way, this represents the capital the initial investors or partners provided to the company in exchange for their ownership stake. The most important thing in your case is that since that initial investment is in the form of inventory, you are going to have to document the value of that investment somehow.  You will definitely need a comprehensive manifest of what you contributed, including titles and condition, and if possible you should document the prices at which similar items are being offered for sale at the time you start operating.  Having this information will support your claims as to the fair market value of the start-up contribution, should the tax authorities decide to question it.\""}
{"_id": "503503", "title": "", "text": "\"Chief executive officers of five of the biggest U.S. banks joined a campaign called Fix the Debt, signing on with hedge fund billionaires, asset managers, and private equity executives, as well as former lawmakers and others.  The conversation on Wall Street changed after November\u2019s election. Some of the same people who were anxious about the debt sounded delighted by Donald Trump\u2019s plan to cut taxes for corporations and high earners, trumpeting it as a way to fuel growth. Never mind that estimates from the conservative-leaning Tax Foundation showed Trump\u2019s campaign plan could reduce federal revenue by $3.9 trillion over 10 years.   Case in point: Goldman Sachs Group Inc. CEO Lloyd Blankfein, a Fix the Debt supporter who in 2012 told CNBC he\u2019d be for higher taxes if they helped mend the fiscal gap. After the election, Blankfein told colleagues in a companywide voicemail that Trump\u2019s proposals, including tax reform, \u201cwill be good for growth and, therefore, will be good for our clients and for our firm.\u201d  \"\" \u201cThey were yelling, \u2018Deficits, deficits, deficits!\u2019\u2009\u201d he says about the Clinton years. \u201cAs soon as George W. Bush gets in the White House? \u2018Oh, we\u2019ll have a big tax cut.\u2019\u2009\u201d The same thing, he says, is happening now\"\"  \"\" Inside the 21 Club, one of Wall Street\u2019s favorite hangouts, a few dozen executives, money managers, and other businesspeople gathered in August at a reception thrown by two groups that despise high tax rates: the Committee to Unleash Prosperity and FreedomWorks, co-founded by the billionaire Koch brothers. Standing in a brown Brioni pinstripe suit with a martini in his hand, Alfred Angelo, an investor based in New Jersey, gestured to the other guests. \u201cWe\u2019re those villainous people,\u201d he said. \u201cNobody put me on this Earth to pay for everybody\u2019s health plan. I know that sounds like Scrooge or somebody. But this is the real world.\u201d\"\"\""}
{"_id": "503505", "title": "", "text": "Futures are immediate settlement, and your money is available as soon as you close out your position."}
{"_id": "503509", "title": "", "text": "\"Before you jump into Prosper, I highly recommend you to check out prospers.org (not affiliated with the site) to hear about actual experiences of lenders. Bear in mind that many of the borrowers on these social lending sites have already been passed on by the banks, and the \"\"credit score\"\" Prosper assigns to them is absolutely worthless. I've done some lending on Prosper a few years ago and stuck mostly to borrowers that Prosper rated A or AA, many of whom turned out to be complete deadbeats. Some never even made a single payment, and Prosper hardly did anything to attempt to collect from them.  So beware.\""}
{"_id": "503516", "title": "", "text": "The monetary supply isn't a fixed number like in the old days of the [gold standard](https://en.wikipedia.org/wiki/Gold_standard) is part of the answer. Also, the actual spending of that one thousand dollars -- where the money is spent and on what -- does make a significant difference on how the overall economy is effected: People spending it on food, transportation and housing isn't going to drive up the costs of a Porshe 911."}
{"_id": "503525", "title": "", "text": "Australia has a massive housing bubble (one of the last in the world to pop), no productivity growth (lots of investment in mining which hasn't yet payed off, though we'll do well if commodities pick up), and relies on China and India buying lots of coal and steel at historically high prices."}
{"_id": "503560", "title": "", "text": "The advantage of having a mortgage rather than borrowing money in other ways is that it is cheaper because the loan is secured against the value of the property.  If you stop paying then the bank take the house and can sell it keeping what they are owed and returning any excess. If you have enough money to pay it off then you do not need the mortgage.  They normally run for 25 years.  It is a lovely day when finally you realise that you own the whole house and no longer owe anything to the bank and the charge against the house is removed and the record of it removed from the land registry.   When you sell a house with a mortgage the buyer has to check that the bank has been paid off before they accept the property."}
{"_id": "503567", "title": "", "text": "The fact that you're still calling it BW3's tells me that you remember when it used to be good. ;)  A lot of restaurants (even fast food) go through the same downward cycle. When they're new, the food is good and always fresh. As they get older, management looks for ways to increase profits, usually by cutting costs, and quality suffers."}
{"_id": "503581", "title": "", "text": "It\u2019s an investment and a currency which is also based no less than the value it takes to mine... so yeah you\u2019re right if people who are involved in bitcoin decide it\u2019s not worth the time to have a currency it will become worth less than it take to mine.. but it\u2019s worth 102b do I don\u2019t think it\u2019s gonna happen."}
{"_id": "503586", "title": "", "text": "Law and business go hand-in-hand. Thank your luck that you are not personally experiencing this sort of misuse of our legal system. It can financially ruin people and not everyone is prepared to be sued or even knows what to do if they are."}
{"_id": "503596", "title": "", "text": "Recruiters in HR generally know nothing about in-depth about the role. Trust me. I wouldn't really worry about it. Feel free to talk with them about your interest in financial markets, etc. However, if you're taking to an analyst within the firm then I'd be careful. Don't come across as a know-it-all. The best method to bypass this is to ask genuine questions you have about the field.   If you want to go buyside, then do you want to go into equities or fixed income? For instance, if you strike up a conversation with someone in fixed income you can ask them why they ended up in fixed income over equities. How do they think the fixed income landscape will play out given today's low yield environment? How are they dealing with the current macropolitical uncertainty?"}
{"_id": "503602", "title": "", "text": "&gt; At $31 billion, GE\u2019s pension shortfall is the biggest among S&amp;P 500 companies and 50 percent greater than any other corporation in the U.S. It\u2019s a deficit that has swelled in recent years as Immelt spent more than $45 billion on share buybacks to win over Wall Street and pacify activists like Nelson Peltz. &gt;  &gt; Part of it has to do with the paltry returns that have plagued pensions across corporate America as ultralow interest rates prevailed in the aftermath of the financial crisis. But perhaps more importantly, GE\u2019s dilemma underscores deeper concerns about modern capitalism\u2019s all-consuming focus on immediate results, which some suggest is short-sighted and could ultimately leave everyone -- including shareholders themselves -- worse off."}
{"_id": "503603", "title": "", "text": "\"equifax is not too big to fail. equifax needs to be made an example of. congress should be trying to start to legislate some privacy for us citizens like germany/eu. this just shows that the government is very unconcerned about our privacy. they could at least fake it. EDIT: i realized i am a hypocrite. i trashed hillary for her \"\"public/private positions\"\" and here i am asking for it. i feel defeated.\""}
{"_id": "503606", "title": "", "text": "Normally, under law today (at least in the United States; perhaps there is somewhere in the world where things are different) debts expire upon the death of someone; debt may consume much of their estate, but there cannot be a net debt passed on to their children.  That's a bit unsatisfactory, if you are a lender.  People can only sell their future labor to you up to a point; they cannot sell that of their children.  There's only so much debt that they can run up.  However, that is only true of private debt.  *Public* debt is a whole different ballgame.  There, debts can be passed down from generation to generation."}
{"_id": "503629", "title": "", "text": "I run this website  http://efficiencyiseverything.com/  You can probably understand why I believe I should write the articles (or at least be the editor).   I just simply cant find the time to do payroll, html updates, deal with affiliates, etc... This needs to be done every single week.  The content takes serious time to develop the idea, collect the data, do the math, form a conclusion, then turn it into something most people can handle. And I release a 'quality' article every single week. No opinions, all data/math driven."}
{"_id": "503637", "title": "", "text": "I have had similar thoughts regarding alternative diversifiers for the reasons you mention, but for the most part they don't exist.  Gold is often mentioned, but outside of 1972-1974 when the US went off the gold standard, it hasn't been very effective in the diversification role.  Cash can help a little, but it also fails to effectively protect you in a bear market, as measured by portfolio drawdowns as well as std dev, relative to gov't bonds. There are alternative assets, reverse ETFs, etc which can fulfill a specific short term defensive role in your portfolio, but which can be very dangerous and are especially poor as a long term solution; while some people claim to use them for effective results, I haven't seen anything verifiable. I don't recommend them. Gov't bonds really do have a negative correlation to equities during periods in which equities underperform (timing is often slightly delayed), and that makes them more valuable than any other asset class as a diversifier.  If you are concerned about rate increases, avoid LT gov't bond funds.  Intermediate will work, but will take a few hits... short term bonds will be the safest.  Personally I'm in Intermediates (30%), and willing to take the modest hit, in exchange for the overall portfolio protection they provide against an equity downturn.  If the hit concerns you, Tips may provide some long term help, assuming inflation rises along with rates to some degree. I personally think Tips give up too much return when equity performance is strong, but it's a modest concern - Tips may suit you better than any other option.  In general, I'm less concerned with a single asset class than with the long term performance of my total portfolio."}
{"_id": "503649", "title": "", "text": "There are many stocks that don't have dividends. Their revenue, growth, and reinvestment help these companies to grow, and my share of such companies represent say, one billionth of a growing company, and therefore worth more over time.  Look up the details of Berkshire Hathaway. No dividend, but a value of over $100,000. Not a typo, over one hundred thousand dollars per share."}
{"_id": "503651", "title": "", "text": "You cannot deduct anything. Since you're actually moving, your tax home will move with you. You can only deduct the moving expenses (actual moving - packing, shipping, and hotels while you drive yourself there)."}
{"_id": "503678", "title": "", "text": "You don't have to provide your personal home address per se. You can provide a legal address where Companies house can send across paper correspondence to. Companies house legally requires an address because directors are liable to their shareholders(even if you are the only shareholder) and to stop them from disappearing just like that with shareholder's money. Moreover your birth date will also be visible on websites which provide comapnies information. You can ask these websites to stop sharing your personal information. Every company must have a registered office within the UK which is the official legal address of the company. It must be a physical address (i.e. not a PO Box without a physical location) as Companies House will use this address to send correspondence to. To incorporate a private limited company you need at least one director, who has to be over 16 years of age. You may also have a secretary, but this is optional. The information you will need to supply for each officer includes: You may also have officers that are companies or firms, and for these you will need to supply the company or firm name, its registered office address, details of the legal form of the company, where it is registered and if applicable its registration number."}
{"_id": "503682", "title": "", "text": "Well, this is going to be a highly subjective point and thus rather sterile, so I won't expend much time or effort as this is rather silly. I should also clarify my prior post to refer to both product and service quality.  Anyways, my picks are:  * 11. AT&amp;T   * 15. Verizon Communications   * 20. Citigroup * 40. Pfizer * 53. Best Buy    Anyways, I'm finished arguing for the sake of arguing."}
{"_id": "503684", "title": "", "text": "\"Stated, with evidence that the stated salary is above market rates, along with evidence that the job was advertised in the US and no suitable applicants were found, along with signatures from half a dozen lawyers who if they lie will not only lose their license but will cause every single visa issued to the company to be called into question and reviewed?  I'm pretty sure all that evidence, plus signed declarations from the lawyers counts as \"\"proof\"\"\""}
{"_id": "503685", "title": "", "text": "The value of the car is only of interest if there is an intention to sell it aqain. I would make the following calculation: This gives you the costs per time period that the car really costs you. Now do the same with a new (used) car you intend to buy instead of this car. With the new car you also need to add the costs of buying it (sales price, plus any interests and fees if you finance it).  If the old car costs you less than the new car, keep it, otherwise get the new car."}
{"_id": "503710", "title": "", "text": "A clean parking garage reflects a rejuvenated feeling in the hearts and minds of the visitors. The professional services will ensure that every corner of the garage is cleaned and there is no dirt or debris. Make sure that you select the correct type of service providers so there is smooth execution of the services."}
{"_id": "503723", "title": "", "text": "When you pay off a loan early, you pay the remaining principal, and you save all of the remaining interest. So you do save on interest, but it's the interest you would have paid in the future, not the interest you have paid in the past. (Your remaining balance when you pay off the loan only includes the principal, not the projected interest.) Interest is a factor of the amount borrowed, the interest rate and the amount of time you borrow the money. The sooner you repay the money, the less interest you pay. Imagine if you had taken a 30 year loan at 4% interest but were allowed to make no payments until the loan term ended. If you waited 15 years to make your first payment, you wouldn't owe the same money as if you'd made payments every month. No, instead of owing ~$64k, you'd owe ~$182k, because you had borrowed $100k for 15 years (plus the interest due) rather than borrowing a declining sum. So that's why you don't get a refund on interest for previous months. If you had started with a 16 year loan, then you would have been paying more principal every month, and your monthly amount due would have been higher to reflect that. As you paid the principal off faster, the interest each month would drop faster. Paying a huge portion of the principal at the end of the loan is not the same as steadily paying it down in the same time frame. You will pay a lot more interest in the former case, and rightfully so. It might help to consider a credit card payment in comparison. If you run up a balance and pay only the minimum each month, you pay a lot of interest over time, because your principal goes down slowly. If you suddenly pay off your credit card, you don't have to pay any more interest, but you also don't get any interest back for previous months. That's because the interest accrued each month is based on your current balance, just like your mortgage. The minimum payments are calculated differently, but the interest accrued each month uses essentially the same mechanism."}
{"_id": "503725", "title": "", "text": "In a word, yes. You can buy very low cost index ETFs, like VTI, VEA, BND, FBND and rebalance in proportion to your age and risk tolerance. Minimal management and low cost."}
{"_id": "503727", "title": "", "text": "There is no clear answer, it might be or not be. Depends a lot on your situation. 1)Yes it is taxable but as Italy has a double taxation agreement with UK, you might not have to pay. You can get a detailed guidance on the HMRC website. 2) Apply here for a certificate of residence  3)You can only claim back if Italy taxes you more than UK would. If it is less than you will have to pay the remaining portion to HMRC. You do this in the self assessment form/tax return/call up HMRC. 4)Tell the truth, explain your whole scenario and don't withheld relevant information assuming you may lower you tax by doing so."}
{"_id": "503729", "title": "", "text": "Agreed it isn't fair, but large businesses/multinationals will **always** have the advantage of choosing which legal jurisdiction to do business in.  This creates an incentive for such loopholes in order to attract the businesses to do business there at all.  It needs to be harder for legislators to write such specialized tax laws, as the more complex/specialized the tax law becomes, the more unfair it inevitably turns out."}
{"_id": "503734", "title": "", "text": "\"As more actively managed funds are driven out of the market, the pricing of individual stocks should become less rational. I.e. more stocks will become underpriced relative to their peers. As stock prices become less rational, the reward for active investing will increase, since it will become easier to \"\"pick a winner\"\". Eventually, the market will reach a new equilibrium where only active investors who are good enough to turn a profit will remain. Even then, passive investment will still do roughly as well as \"\"the market\"\" since it has low overhead and minimal investment lag. There is no reason to expect the system to collapse, since it is characterized primarily by negative feedback loops rather than positive feedback.  The last few decades have seen a shift from active to passive investment because increased market transparency and efficiency have reduced the labor required to keep pricing rational. Basically, as people have gotten better at predicting stock performance, less active investment has been required to keep prices rational.\""}
{"_id": "503740", "title": "", "text": "Stocks represent partial ownership of the company. So, if you owned 51% of the stock of the company (and therefore 51% of the company itself), you could decide to liquidate all the  assets of the company, and you would be entitled to 51% of the proceeds from that sale.  In the example above, it would have to be Common Stock, as preferred stock does not confer ownership. *In a situation where it is not possible to buy 51% or more of the company (for example, it's not for sale), this is not possible, so the value of the stock could be much less."}
{"_id": "503742", "title": "", "text": "\"I have been a landlord in Texas for just over 3 years now. I still feel like a novice, but I will give you the benefit of my experience. If you are relying on rental properties for current income versus a long term return you are going to have to do a good job at shopping for bargains to get monthly cash flow versus equity growth that is locked up in the property until you sell it.  If you want to pull a lot of cash out of a property on a regular basis you probably are going to have to get into flipping them, which is decidedly not passive investing. Also, it is easy to underestimate the expenses associated with rental properties. Texas is pretty landlord friendly legally, however it does have higher than usual property taxes, which will eat into your return. Also, you need to factor in maintenance, vacancy, tenant turnover costs, etc. It can add up to a lot more than you would expect. If you are handy and can do a lot of repairs yourself you can increase your return, but that makes it less of a passive investment. The two most common rules I have heard for initially evaluating whether an investment property is likely to be cash flow positive are the 1% and 50% rules. The 1% rule says the expected monthly rent needs to be 1% or greater of the purchase price of the house. So your hypothetical $150K/$10K scenario doesn't pass that test. Some people say this rule is 2% for new landlords, but in my experience you'd have to get lucky in Texas to find a house priced that competitively that didn't need a lot of work to get rents that high. The 50% rule says that the rent needs to be double your mortgage payment to account for expenses. You also have to factor in the hassle of dealing with tenants, the following are not going to happen when you own a mutual fund, but are almost inevitable if you are a landlord long enough: For whatever reason you have to go to court and evict a tenant. A tenant that probably lost their job, or had major medical issues. The nicest tenant you ever met with the cutest kids in the world that you are threatening to make homeless. Every fiber of your being wants to cut them some slack, but you have a mortgage to pay and can't set an expectation that paying the rent on time is a suggestion not a rule. or the tenant, who seemed nice at first, but now considers you \"\"the man\"\" decides to fight the eviction and won't move out. You have to go through a court process, then eventually get the Sheriff to come out and forcibly remove them from the property, which they are treating like crap because they are mad at you. All the while not paying rent or letting you re-let the place. The tenant isn't maintaining the lawn and the HOA is getting on your butt about it. Do you pay someone to mow the grass for them and then try to squeeze the money out of the tenant who \"\"never agreed to pay for that\"\"?  You rent to a college kid who has never lived on their own and has adopted you as their new parent figure. \"\"The light in the closet went out, can you come replace the bulb?\"\" Tenants flat out lying to your face. \"\"Of course I don't have any pets that I didn't pay the deposit for!\"\" (Pics all over facebook of their kids playing with a dog in the \"\"pet-free\"\" house)\""}
{"_id": "503743", "title": "", "text": "I would say any of the top weighted stocks in the XLK etf. I wouldn't use a leader like IBM Goog or aapl. If anything, try and find one that is not extremely recognizable and present it like you discovered this particular stock in this sector you follow closely."}
{"_id": "503752", "title": "", "text": "\"Good news, but not surprising. The banks have largely done well over the last handful of years in terms of having sufficient capital to be able to withstand the Fed's downside models. The issues largely arise in regards to current dividend and share buy-back plans which the models assume are constant despite them being entirely discretionary. As a result it isn't uncommon for banks to have \"\"failed\"\" in the past which simply required a scaling down of dividends to solve.\""}
{"_id": "503770", "title": "", "text": "There may be issue if you need a replacement card, as the bank may not be willing to post the card to you outside of the UK."}
{"_id": "503780", "title": "", "text": "\"Dividend rate is \"\"dividend per share\"\" over a specified time period, usually a year. So in the first example, if the company paid a $1/share dividend over the year before the stock dividend the shareholder would receive $100, while if it paid the $1/share the year after the stock dividend the shareholder would receive $105. The company could have achieved the same thing by paying total dividends of $1.05/share, which is what the last phrase of the last quoted paragraph is saying. Here's an Investopedia page on dividend rate. Also, what you're calling \"\"payout ratio\"\" is really \"\"dividend yield\"\". \"\"Payout ratio\"\" is how much of the company's net earnings are paid out in dividends. That's all in the US, I could see the terms being used differently outside the US.\""}
{"_id": "503818", "title": "", "text": "\"From the Fidelity site: Inheritor Services for guidance and support through the process of settling an estate. Trust accounts and administrative services to help you control how your wealth is distributed, reduce probate exposure, and potentially reduce estate taxes. Charitable strategies to help enhance your giving and potential tax benefits. Here's a link to their site section for it: Fidelity Wealth Planning Not sure why you couldn't find a definition.  I found this using Google to search \"\"wealth planning\"\".\""}
{"_id": "503824", "title": "", "text": "&gt;[**\u0427\u0442\u043e \u0431\u0443\u0434\u0435\u0442 \u0441 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u043c 1 \u043d\u043e\u044f\u0431\u0440\u044f? \u041a\u0430\u043a\u043e\u0439 \u043a\u0443\u0440\u0441 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430?\u0420\u0430\u0437\u0434\u0435\u043b\u0435\u043d\u0438\u0435 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430! \u0425\u0430\u0440\u0434\u0444\u043e\u0440\u043a!\u0427\u0442\u043e \u0434\u0435\u043b\u0430\u0442\u044c \u0434\u0430\u043b\u044c\u0448\u0435? [3:13]**](http://youtu.be/nhXxz2rgwNI)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435 ,\u0447\u0442\u043e \u0431\u0443\u0434\u0435\u0442 \u0441 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u043c  1 \u043d\u043e\u044f\u0431\u0440\u044f.!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^3 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "503836", "title": "", "text": "Virtual Credit Card: It there something like virtual credit card? Yes there is. We have banks in India HDFC and Kotak bank that allows you to generate a virtual credit card which could be used for payments on websites. These cards are one time use cards and will expire as soon as you use it once. The mail objective behind such virtual card service is to protect the actually card information to be shared on websites. Take a look: Its call Netsafe and remember HDFC is a very reputed bank in India  Moving further about the company Entropay. Take a look at the website. Most of the information you need to know about the company starts from the website data: Lets take a look at the contact us page:  Any company that deals in financial services business has to be registered under financial services authority of the country they are doing business in. This company is based in Malta and should definitely be registered with Malta Financial Services Authority (MFSA). The company claims that they are registered with FSA under license registration number 540990. Sounds great everything is perfect but just to make sure I thought of taking a look at the MFSA website on the activity of the company. Here's a link: http://www.mfsa.com.mt/ Under License Holder Tried searching for the company Ixaris Systems Ltd. and here is what I found:  There was no record of the company on the MFSA database. I even tried not searching and looking into the complete database but no such company on the list. By the way look I found Western Union there:  What I mean to say here is only one thing. Any company that deals in financial transactions need to be registered with the local financial services of the country they have their physical address in. If suppose western union is an american company with physical existence in 100 countries they not only have to be registered with Financial Services Authority in US but also in every other countries they have their physical address in. I know many of you will still argue that it has a valid verisign logo which means it's a company with physical address and its been verified. But please remember its very easy to fool those verisign guys coz almost every verification is done online. Also the verisign information of this company shows its a company registered in UK not Malta. Just to be very sure again I also checked the FSA website of UK. There is no such company under FSA regulations even in UK. I would want to give you the answer to your question very boldly but I had a bad experience today on this same website so I would rather allow you make the decision wether its a legit company or a SCAM."}
{"_id": "503846", "title": "", "text": "\"It makes far more sense to require that every public employee has a hotel room with a cheaper \"\"courtyard view\"\" than require them to fly coach.  If someone decides their vacation is okay to waste one day recovering, it still might be necessary to have them fly business so they can actually sleep on the red eye (and shower at the lounge) before their meetings.\""}
{"_id": "503892", "title": "", "text": "Climate scientists urgently need to explain why global warming has declined in recent years.  I have a scientific background but this is not necessary to understand the relevance of this point.  The nature of climate science means that the reverse should be true.  Man has not reduced the overall amount of CO2 and other greenhouse gases. Therefore the climate should have continued to warm. This is simple logic.  What is worse for climate scientists is that the historical data suggests that climate is cyclical with much warmer periods apparent in pre-industrial times.  The inconvenience of this has led to climate scientists concentrating on the period from 1980 onwards. The basis for this is that much more detailed information is available. Unfortunately the data for this period is showing the climate cooling rather than rising.  Man is doing tremendous damage to the planetary environment in terms of pollution and fossil fuels are limited. These are worrying facts.but have nothing to do with climate science.  To believe in climate change is akin to believing in the tooth fairy. To be a non-believer is akin to being the little boy in the story of the emperor with no clothes.  Climate scientists are starting to run scared. They have a theory but no evidence or even worse they have evidence that shows them to be wrong.  They have built up a whole industry based on a fallacy. Now they are willing to tell any lie necessary to perpetuate it.  This is not science."}
{"_id": "503895", "title": "", "text": "If one person cuts them-self it's operator error, if a significant number of people cut themselves it's a design error.  I haven't seen the holiday box, but I was on a plane yesterday and when the woman next to me asked for a coke and got a white can we both thought the flight attendant had misheard her.  The same thing happened up and down the plane."}
{"_id": "503896", "title": "", "text": "Yes, they need expansionary monetary policy to help them with their internal devaluation.   However, this involves leaving the euro. So there are additional costs to the normal costs of inflation, they are experiencing some of these costs right now as capital is fleeing the country and it will get worse if/when they really leave. It's also worth keeping in mind that Greece doesn't have very good institutions (it's why they are in this mess in the first place), so it's hard to say that they'll be able to leave the euro and devalue without also trying out policies that will lead to hyperinflation.  Internal devaluation is possible without expansionary monetary policy, but it takes some time and the capital flight in anticipation of taxes/neo-drachmas means that meanwhile there is also little investment in the economy in the meantime."}
{"_id": "503912", "title": "", "text": "If you place a market order, you are guaranteed to sell your stock unless the stock is in a trading halt. A market order does not guarantee the price you sell the stock at.  If you place a market order, even if the stock is very illiquid a market maker will guarantee a market, but will not guarantee a price."}
{"_id": "503913", "title": "", "text": "&gt; The legal system is not meant to reward people for being screwed over **but to restore people to their rightful position** and to punish wrongdoers.  Condition 1 (bolded) has not been met, yet the lawyers are profiting wildly despite that, hence the outrage.  Coupons which cannot be redeemed without the wronged parties (the customers) giving Ticketmaster even *more* of their money do not constitute restitution or restoration to the position prior to the wrongdoing. Nothing short of cash being sent to the wronged parties is sufficient restitution in this case."}
{"_id": "503919", "title": "", "text": "Yes, some companies sell personal data on their customers, but it almost always means a bad business due to reputation cost. The Financial Times even made a calculator to demonstrate how much personal information is worth: The sellers get pennies for the info, so that any decent business would earn more staying away from such dubious operations."}
{"_id": "503934", "title": "", "text": "The Bobs tend to show up at the top of bubbles, then disappear soon after. For example, your next door neighbor who talks about Oracle in 1999, even though he doesn't know what Oracle does for a living. I don't think the Bobs' assets represent a large chunk of the market's value.  A better analogy would be a spectrum of characters, each with different time horizons. Everyone from the high-frequency trader to the investor who buys and holds until death."}
{"_id": "503940", "title": "", "text": "I am new to the site and hope I can help! We just purchased a used car a few weeks ago and used dealer's finance again so that's not the issue here. I want to focus on what you can do to resolve your issue and not focus on the mistakes that were made.  1 - DO NOT PURCHASE A NEW CAR! Toyota Camrys are great cars that will last forever. I live in Rochester, NY and all you need is snow tires for the winter as ChrisInEdmonton suggested. This will make a world of difference. Also, when you get a car wash get an under-spray treatment for salt and rust (warm climate cars don't usually come with this treatment).   2 - Focus on paying this loan off. Pay extra to the monthly note, put any bonuses you get to the note. Take lunches to work to save money so you can pay extra. I'm not sure if you put any money down but your monthly note should be around $300? I would try putting $400+ down each month until it is paid off. Anything you can do. But, do not buy a new car until this one is fully paid off!  Let me know if this helps! Thanks!"}
{"_id": "503942", "title": "", "text": "Buy a rental property instead. You get tax benefits as well as passive income. And it pays for itself"}
{"_id": "503979", "title": "", "text": "I walked by the one their building in the Domain in Austin this weekend.  I asked, \u201cWhat the hell is an Amazon bookstore?  We\u2019ve really come full circle, haven\u2019t we?\u201d  I assumed it was just a branding exercise.  Love me some Amazon.  But I still don\u2019t understand why they would sell books in an upscale shopping mall and expect to make actual money doing so."}
{"_id": "503981", "title": "", "text": "\"Before the prevalence of electronic trading, trading stocks was very costly, dropping from ~15c in the late 1970s to less than a nickel per share today.  Exchange fees for liquidity takers are ~0.3c per share, currently. When orders were negotiated exclusively by humans, stocks used to be quoted in fractions rather than decimal, such as $50 1/2 instead of something more precise like $50.02. That necessary ease of negotiation for humans to rapidly trade extended to trade size as well.  Traders preferred to handle orders in \"\"round lots\"\", 100 shares, for ease of calculation of the total cost of the trade, so 100 shares at $50 1/2 would have a total cost of $5,050.  The time for a human to calculate an \"\"odd lot\"\" of 72 shares at $50.02 would take much longer so would cost more per share, and these costs were passed on to the client. These issues have been negated by electronic trading and simply no longer exist except for obsolete brokerages.  There are cost advantages for extremely large trades, well above 100 shares per trade. Brokerage fees today run the gamut: they can be as insignificant as what Interactive Brokers charges to as high as a full service broker that could charge hundreds of USD for a few thousand USD trade.  With full service brokerages, the charges are frequently mystifying and quoted at the time a trade is requested.  With discount brokerages, there is usually a fee per trade and a fee per share or contract.  Interactive Brokers will charge a fee per share or option only and will even refund parts of the liquidity rebates exchanges provide, as close as possible to having a seat on an exchange.  Even if a trader does not meet Interactive Brokers' minimum trading requirement, the monthly fee is so low that it is possible that a buy and hold investor could benefit from the de minimis trade fees. It should be noted that liquidity providing hidden orders are typically not rebated but are at least discounted. The core costs of all trades are the exchange fees which are per share or contract.  Over the long run, costs charged by brokers will be in excess of charges by exchanges, and Interactive Brokers' fee schedule shows that it can be reduced to a simple markup over exchange fees.   Exchanges sometimes have a fee schedule with lower charges for larger trades, but these are out of reach of the average individual.\""}
{"_id": "503988", "title": "", "text": "Reasons for no: In your first sentence you say something interesting: rates low -  prices high.  Actually those 2 are reversely correlated, imagine if rates would be 5% higher-very few people could buy at current prices so prices would drop. Also you need to keep in mind the rate of inflation that was much higher during some periods in the US history(for example over 10% in the 1980) so you can not make comparisons just based on the nominal interest rate. Putting all your eggs in one basket. If you think real estate is a good investment buy some REITs for 10k, do not spend 20% of your future income for 20 years. Maintenance - people who rent usually underestimate this or do not even count it when making rent vs mortgage comparisons. Reasons for yes:   Lifestyle decision - you don't want to be kicked out of your house, you want to remodel...     Speculation - I would recommend against this strongly, but housing prices go up and down, if they will go up you can make a lot     of money. To answer one of questions directly: 1. My guess is that FED will try to keep rates well bellow 10% (even much lower, since government can not service debts if interest rates go much higher), but nobody can say if they will succeed."}
{"_id": "504007", "title": "", "text": "Yeah we don't have a computer system tracking anything. I thought this too before I started working there. We move things all the time to make sure certain products are merchandised properly. I have to go hunting for packaging and items all the time."}
{"_id": "504010", "title": "", "text": "\"It's important because I don't believe that luck is just something that happens to someone. \"\"Luck\"\" is a series of choices that someone makes, be they conscious or unconscious that helps them arrive at their destination.   When you meet someone at a dinner that happens further your career or becomes someone you do business with, etc, a series of choices that you made, be they good or bad, helped you arrive at that place in time. Once again, how is that luck?   It comes down to intuition and understanding which is the best road to take. The same applies to a scenario that includes Rupert Murdoch, etc. Something tells me that if I met either of those guys that you mentioned, something would probably rub me the wrong way, which in turn would influence my choice to follow or walk away.\""}
{"_id": "504015", "title": "", "text": "Your text has remainded me of this quote:  \u201cThe ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.\u201d  Keynes (I dont usually cite Keynes, but when he is right he is right)"}
{"_id": "504028", "title": "", "text": "\"Gotcha, so for that job, I would try and get a basic understanding of how pulling queries and tables works.  (ie What does that even mean?  And if you have multiple tables how would you get the information you want?  That's really going to be the important part.   But a lot of times it really depends on the quality of the data, something possibly only IT knows.)  Do you know any basic programming?  A lot of it is just understanding what kind of questions you need to be asking, googling it, then understanding how to incorporate the google answer into your software.  On a side note, the Hyperion, Oracle Essbase, and Access will all be a little different coding wise.  Hyperion you may not really even need to do any \"\"coding.\"\"  I'd also probably look up what Hyperion Financial Planning is and get familiar with the interface.  It's not hard, just weird if you've only ever used excel (and much more stringent).\""}
{"_id": "504032", "title": "", "text": "You're completely missing the most important thing you can do: minimize fees."}
{"_id": "504056", "title": "", "text": "Probably the biggest dream of most entrepreneurs in the modern times is to manage their own company. The starting point is a small business ownership; however, the path can be of different forms and include starting one from scratch, buying an existing one or opting for a franchise. For more details visit us online or call us on 96620 31877."}
{"_id": "504058", "title": "", "text": "\"Well that book in particular isn't a how to book. He goes on to tell people to find their \"\"why\"\" about doing it, and it all falls into place. If you really want a how to, then check out Carlton Sheets.  His sage advice may be a little bit of bunk, but that's how the game is played. If you want to be a part of the game, that's great, everyone is entitled to follow their dreams. Some will build their dreams on what they believe is right, and others will build their dreams on what they think is right. (Now which one of those persons used their cat as a business partner?)\""}
{"_id": "504089", "title": "", "text": "-I understand. If the option expires and you paid a premium of let's say $20, then you loose it. I will still have to read more obviously. If there are other ways to play the commodities market in a safer way, I am more than willing to look into it. -I understand futures and options on futures are more risky than stocks. What I am getting at is it is less risky COMPARED to regular futures. Compared to the available choices, this seems like the safest. I understand I can loose all the money I invest/speculate with. But loosing $10 (or whatever the price of said commodity options are), is still better than loosing thousands. I agree though I should do my do diligence. -What I am getting at is obviously certain things are correlated with bull or bear markets (gold bear, growth stocks bull). If you can use a combination of assets, you can have some that are winners, while some will be down. I don't expect one asset to be a super asset. -But most the stocks are overvalued, and are overrated. I have found several stocks that I am invested in (MGM Macau, Lippo Mall, and Whiting Trust II). I am also in gold, silver, small Riyal position, and Norwegian Kroner."}
{"_id": "504114", "title": "", "text": "Pay it off. If you do so, you have the liberty to drop or reduce a portion of your collision auto insurance coverage (keeping uninsured motorist). This could potentially save you a lot more than 20 bucks over the next six months."}
{"_id": "504132", "title": "", "text": "It's amazing how bad and speculative Fox reporting can be when you read other news sources to confirm things.  http://www.bbc.com/news/world-latin-america-28891292  &gt; Earlier this month Venezuela launched an anti-smuggling operation on its border with Colombia.  &gt; It deployed 17,000 troops along the border and began closing all the crossings at night.  &gt; The one-month ban will be lifted in mid-September.  &gt; The decision to close the border was agreed with Colombia, where the smuggling of cheap goods from Venezuela is also seen as a major problem.  &gt; The Colombian government says it leads to a big loss in taxes, with complaints of unfair competition faced by local businesses.  It would seem at least according to the BBC that the problem is not the socialist government but enterprising ~~thieves~~ capitalists who are smuggling low priced goods to a high profit secondary market."}
{"_id": "504152", "title": "", "text": "\"Banks do NOT lend money they don't have. I don't know where you get that idea. In your view what stops a bank from lending a quadrillion dollars? Banks do need to have savings in the bank - learn about reserve requirements, which I mentioned above. Banks (just like you and me) can have assets and debts, but they account for them and they net to (almost) zero, just like you and me.  Fed does not pay government as I stated above. The Fed buys goods from the open market (Treasury Bonds, for example, which are IOUs the government has sold to investors who purchased them freely), and the Fed pays for this with \"\"new\"\" money while holding the bonds, which then pay out just like they were being held by you or me.  Finally, M2 is about 10 times M1, for the reasons I gave. Your claim of M2 increasing regardless of M1 is not true. [See here](http://en.wikipedia.org/wiki/File:Components_of_US_Money_supply.svg) for example and note that M2 is about 10x of M1, with the variations being for the reasons I gave above.\""}
{"_id": "504178", "title": "", "text": "\"As long as there is nothing more to this story you aren't sharing, you can expect those bills you paid to come back (you will have to pay them again later). You can be pretty certain that the name he gave you was fake, and that the bank account you paid your bills with was not his. I would not try to do anything at all with the information he gave you because first it is not his, and second your name is already tied to this bank account via your utility bills. In other words that would be illegal and you are already on the list of suspects.   I would say that if you don't call the police they probably won't call you. The police often times do not even waste their time when somebody's light bill was paid with fraudulent financial information or whatever. I have actually seen similar situations play out a number of times and the police have never gotten involved. Disclaimer: I probably don't live where you live, and I'm not an attorney.  But I do know what I am talking about so here's my advice (I know you didn't ask for advice but you probably might benefit from it). Let that money go, sometimes people get you. Take it as a lesson and move on.  If you do end up having to have contact with the police and you don't already know, they will lie to you and try to trick you into acting in a way that is not in your self interest. But then you kind of look guilty if you won't even talk to them, and in this case you did not do anything illegal. So if I was you I would probably just think of where I might be incriminating myself by telling the truth, if there were any parts of my story that would raise any flags, and think of how I would smooth those out ahead of time.   Also for your personal information you do not need to have a sophisticated understanding of computers to do anything you described, if you are familiar with operating a web browser you can do all types of stuff with Paypal. Most people that give off the vibe \"\"criminal\"\" are not going to be able to make any money conning people and would probably have given it up before they got to you. The information you have is not like the most valuable stuff ever but somebody that knew what they were doing could use it to take money out of your account, and if they had that and then could get a few other pieces they could really mess up  your life. So that's part of why they say to be careful, any one piece is maybe not so valuable but if you are loose with everything you will probably have a shitty few weeks at some points in the future. \"\"no aa\"\" lol\""}
{"_id": "504185", "title": "", "text": "Sad to hear. I hope the job market is okay enough in NJ to compensate the mass layoffs.    I wonder how much money each casino could save if they invested in rooftop windmill farms. Electricity is their biggest cost or second after employee payroll."}
{"_id": "504208", "title": "", "text": "\"If psychologically there is no difference to you between cash and debit (you should test this over a couple of months on yourself and spouse to make sure), then I suggest two debit cards (one for you and spouse) on your main or separate checking account. If you use Mint you can set budgets for each category (envelope) and when a purchase is made Mint will automatically categorize that transaction and deduct that amount from the correct budget.  For example: If you have a \"\"Fast Food\"\" budget set at $100 per month and you use the debit at McDonalds, Mint should automatically categorize it as \"\"Fast Food\"\" and deduct the amount from the \"\"Fast Food\"\" budget that you set.  If it can't determine a category or gets it wrong, you can just select the proper category. Mint has an iPhone (also Android and Windows phone) app that I find very easy to use. Many people state that they don't have this psychologically difference between spending cash and debit/credit, but I would say that most actually do, especially with small purchases.  It doesn't have anything to do with intellect or knowing that you are actually spending money.  It has more to do with tangibility, and the physical act of handing over cash.  You may not add that soda and candy bar to your purchase if you have visible cash in your wallet that will disappear more quickly.  I lived in Germany for 2 years before debit cards were around or common.  I'm a sharp guy and even though I knew that I paid $100 for the 152 DM, it still kind of felt like spending Monopoly money, especially considering that in the US we are used to coins normally being 25 cents or less and in Germany coins are up to 10 DM (almost $10) and are used more frequently than paper.\""}
{"_id": "504213", "title": "", "text": "You're putting the cart before the horse. I'm perfectly willing to not use government funded services as soon as they're willing to give back the money that was stolen to pay for those things. You can't use ownership as a justification for payment when the payment secured the ownership in the first place and said payment was theft."}
{"_id": "504214", "title": "", "text": "There are two industrial sectors with a recent history of raising revenue and profit faster than inflation: education and health care.  While there is indeed some political risk, my assumption is these sectors would continue to beat inflation even under a theoretical socialist President Bernie Sanders. There are several such sector funds available from popular low ER mutual fund companies; I don't believe this forum likes specific commercial investment touting so I decline to name specific ones."}
{"_id": "504216", "title": "", "text": "\"This is easy but you won't like it. The reason you give away to large corporations is that you are communists and simply take so much tax that nobody in their right mind wants anything to do with you. This means you have to buy companies to make your economy work. If you cannot understand the difference between the word \"\"buy\"\" and \"\"give away\"\" then you have been suckered by this local government. The government has simply failed to perform efficiently and is trying to make up for it. We see the advertisements across the country, come here and be tax free for 10 years, as if it is a retail purchase item. Just put a spinner on your hat that says something stupid because it garners the same type of attention.  TLDR; NY is a nerd trying to buy friends.\""}
{"_id": "504235", "title": "", "text": "There is an approach which suggests that each weekend you should review your positions as if they were stocks to be considered for purchase on Monday. I can't offer advice on picking stocks, but it's fair to say that you need to determine if the criteria you used to buy it the first time is still valid. I own a stock trading at over $300, purchased for $5. Its P/E is still reasonable as the darn E just keeps rising.  Unless your criteria is to simply grab small gains, which in my opinion is a losing strategy, an 8% move up would never be a reason to sell, in and of itself. Doing so strikes me as day trading, which I advise againgst."}
{"_id": "504243", "title": "", "text": "There are books on the subject of valuing stocks. P/E ratio has nothing directly to do with the value of a company. It may be an indication that the stock is undervalued or overvalued, but does not indicate the value itself. The direct value of company is what it would fetch if it was liquidated. For example, if you bought a dry cleaner and sold all of the equipment and receivables, how much would you get? To value a living company, you can treat it like a bond. For example, assume the company generates $1 million in profit every year and has a liquidation value of $2 million. Given the risk profile of the business, let's say we would like to make 8% on average per year, then the value of the business is approximately $1/0.08 + $2 = $14.5 million to us. To someone who expects to make more or less the value might be different. If the company has growth potential, you can adjust this figure by estimating the estimated income at different percentage chances of growth and decline, a growth curve so to speak. The value is then the net area under this curve.  Of course, if you do this for NYSE and most NASDAQ stocks you will find that they have a capitalization way over these amounts. That is because they are being used as a store of wealth. People are buying the stocks just as a way to store money, not necessarily make a profit. It's kind of like buying land. Even though the land may never give you a penny of profit, you know you can always sell it and get your money back. Because of this, it is difficult to value high-profile equities. You are dealing with human psychology, not pennies and dollars."}
{"_id": "504246", "title": "", "text": "The US cant win a war of attrition against uneducated Afghan Taliban in a land where mountains only grow rocks, they are going to win a war of attrition against a nation that developed an ICBM that can hit them in spite of a decade long war of attrition.  Great Plan"}
{"_id": "504255", "title": "", "text": "This is a lie. He owed back taxes and his lawyers filed a petition to postpone the due date on the back taxes saying he was not liquid, was coming up on a large liquidity event, and the taxes would be paid immoderately after.  So I doubt the IRS is just waiting around so he can look super rich."}
{"_id": "504293", "title": "", "text": "This is a good idea, but it will barely affect your credit score at all.  Credit cards, while a good tool to use for giving a minor boost to your credit score and for purchasing things while also building up rewards with those purchases, aren't very good for building credit.   This is because when banks calculate your credit report, they look at your long-term credit history, and weigh larger, longer-term debt much higher than short-term debt that you pay off right away.  While having your credit card is better than nothing, it's a relatively small drop in the pond when it comes to credit.   I would still recommend getting a credit card though - it will, if you haven't already started paying off a debt like a student or car loan, give you a credit identity and rewards depending on the credit card you choose.  But if you do, do not ever let yourself fall into delinquency.  Failing to pay off loans will damage your credit score.  So if you do plan to get a credit card, it is much better to do as you've said and pay it all off as soon as possible.   Edit:  In addition to the above, using a credit card has the added benefit of having greater security over Debit cards, and ensures that your own money won't be stolen (though you will still have to report a fraudulent charge)."}
{"_id": "504301", "title": "", "text": "What decision are you trying to make?  Are you interested day trading stocks to make it rich? Or are you looking at your investment options and trying to decide between an actively managed mutual fund and an ETF? If the former, then precise statistics are hard to come by, but I believe that 99% of day traders would do better investing in an ETF. If the latter, then there are lots of studies that show that most actively managed funds do worse than index funds, so with most actively managed funds you are paying higher fees for worse performance.  Here is a quote from the Bogleheads Guide to Investing: Index funds outperform approximately 80 percent of all actively   managed funds over long periods of time. They do so for one simple   reason: rock-bottom costs. In a random market, we don't know what   future returns will be. However, we do know that an investor who keeps   his or her costs low will earn a higher return than one who does not.   That's the indexer's edge. Many people believe that your best option for investing is a diverse portfolio of ETFs, like this.  This is what I do."}
{"_id": "504313", "title": "", "text": "The data shows the economy is following the same trendline over the last year.  So yes, it's doing better than a year ago.  It was supposed to do better, all the trends were already pointing up in 2016.  The economy is a big thing that has inertia, and it's continuing to follow the path established under Obama.    The question is whether Trump has anything to do with it.  If the trend accelerates, then Trump should get credit (it hasn't).  If it slows down, then it would be Trump's fault (it also hasn't).  The stock market has rallied since Trump was elected, presumably in anticipation of a tax cut.  I don't think it's an indicator of economic health."}
{"_id": "504317", "title": "", "text": "Having an EIN does not make the LLC a corporation -- your business can have an EIN even when treated like a sole proprietorship. An EIN is required to have a Individual 401(k), for example. But you can still be an LLC, taxed as a sole proprietor, and have a 401(k). You would need to file a Form 2553 with the IRS to elect S Corporation status. If you don't do that, you're still treated as a disregarded LLC. Whether or not you should make the election is another question."}
{"_id": "504326", "title": "", "text": "Shorts need a buyer on the other end somewhere, if there is no one interested in taking the other side of it, you probably won't find anywhere you will be able to execute that trade. Take a look on your broker's site, see if it's an option they will even give you."}
{"_id": "504354", "title": "", "text": "I don't know if they did or didn't, but my thinking is they did not.  But saying 'they didn't pay taxes' is only literally correct, and not correct in the way that people will receive it as.  In other words, it's not telling the whole story and letting people draw erroneous conclusions as a result.    Basically, if a company takes a loss one year, then they get that loss reduced from their taxes the next year.  I assume GE took losses in 2009 due to the 2008 crash and thus did not pay taxes in 2010."}
{"_id": "504375", "title": "", "text": "I know, I should've been more clear. You were siding with cheeese who made that comment.   And with any luck your area will get more accustomed to it and people will change their minds. I've only lived in very liberal areas so I acknowledge my experiences are skewed by that."}
{"_id": "504382", "title": "", "text": "You don't need to submit a K-1 form to anyone, but you will need to transcribe various entries on the K-1 form that you will receive onto the appropriate lines on your tax return.  Broadly speaking, assets received as a bequest from someone are not taxable income to you but any money that was received by your grandmother's estate between the time of death and the time of distribution of the assets (e.g. interest, mutual fund distributions paid in cash, etc) might be passed on to you in full instead of the estate paying income tax on this income and sending you only the remainder. If so, this other money would be taxable income to you.  The good news is that if the estate trust distributions include stock, your basis for the stock is the value as of the date of death (nitpickers: I am aware that the estate is allowed to pick a different date for the valuation but I am trying to keep it simple here).  That is, if the stock has appreciated, your grandmother never paid capital gains on those unrealized capital gains, and you don't have to pay tax on those capital gains either; your basis is the appreciated value and if and when you sell the stock, you pay tax only on the gain, if any, between the day that Grandma passed away and the day you sell the stock."}
{"_id": "504384", "title": "", "text": "\"There are always little tricks you can play with your credit card. For example, the due date of your statement balance is not really set in stone as your bank would like you to believe. Banks have a TOS where they can make you liable to pay interest from the statement generation date (which is a good 25 days before your due date) on your balance, if you don't pay off your balance by your due date. However, you can choose to not pay your balance by your due date upto 30 days and they will not report your late payment to credit agencies. If they ask you to pay interest, you can negotiate yourself out of it as well (although not sure if it will work every-time if you make it a habit!) Be careful though: not all banks report your credit utilization based on your statement balance! DCU for example, reports your credit utilization based on your end-of-the-month balance. This can affect your short term credit score (history?) and mess around with your chances of pulling off these tricks with the bank CSRs. These \"\"little tricks\"\" can effectively net you more than 60 days of interest free loans, but I am not sure if anyone will condone this as a habit, especially on this website :-)\""}
{"_id": "504399", "title": "", "text": "First, contact the new employer's HR or payroll dept, whoever handles this. You might be able to warn them that your wife deposited x$ already. If they can tell their system to stop deposits at ($16500 - x$), that would work. If not, she will need to arrange to withdraw the excess, and pay the tax that wasn't withheld. No penalty, though."}
{"_id": "504419", "title": "", "text": "For sure you should get a lawyer on this one, but it would seem to me that the simplest path forward would be to convert the business to a partnership where both spouses are owners, and to write a clause into the partnership agreement stipulating what happens upon death of a partner.  Such an approach really should be done with a lawyer to make sure that it's all legally sound and will stand up in court if needed."}
{"_id": "504423", "title": "", "text": "let's define inflation as an increase in m1 relative to the goods and services in the dollar economy. twist doesn't change m1 because it is sterilized.  it does make tsys attractive since it supports their prices.  that means de-risking flows are to the u.s.  that means dollar goes up.  that means gold goes down."}
{"_id": "504432", "title": "", "text": "\"I strongly discourage leasing (or loans, but at least you own the car at the end of it) in any situation. it's just a bad deal, but that doesn't answer your question.  Most new cars are \"\"loss leaders\"\" for dealerships.  It's too easy to know what their costs are these days, so they make most of their money though financing.  They might make a less than $500 on the sale of a new car, but if it's financed though them then they might get $2,000 - $4,000 commission/sale on the financing contract.   Yes, it is possible and entirely likely that the advertised rate will only go to the best qualified lessees (possibly with a credit score about 750 or 800 or so other high number, for example). If the lessee meets the requirements then they won't deny you, they really want your business, but it is more likely to start the process and do all the paperwork for them to come back and say, \"\"Well, you don't qualify for the $99/month leasing program, but we can offer you the $199/month lease.\"\" (since that's the price you're giving from other dealerships). From there you just need to negotiate again. Note: Make sure you always do your research and negotiate the price of the car before talking about financing.\""}
{"_id": "504434", "title": "", "text": "In the U.S., each state has its own local usury law. This website has a separate page for each state summarizing the local usury law and provides a reference to the local statute. The rules aren't simple: some set absolute limits, some appear to be pegged to something like the Prime Rate, some states don't have a general usury limit, the rules don't apply to certain loans because of the type of loan or lender, etc. There are US Federal laws dealing with usury, primarily in the context of racketeering -- the RICO Act lets the Feds go after racketeers that violate local usury laws beyond certain parameters."}
{"_id": "504450", "title": "", "text": "There are lots of red flags here that point to an obvious scam. First, no one, not even people close to you, ever have a valid reason to get your password or security questions. EVER. The first thing they will do is clean out the account you gave them. The second thing they will do is clean out any account of yours that uses the same password. Second, no one ever needs to run money through your account for any reason. If its not your money, don't take it.  Third, this person is in the army but was deported to Africa (not to any particular country, just Africa), and is still in the army? This doesn't really make sense at all. This is a blatant obvious scam."}
{"_id": "504452", "title": "", "text": "For an injection molding machine, you're looking at tens of thousands of USD. Also, specialist training is required to operate the machine and create molds.   For an injection molding company to make a mold for you and use their machine, several thousand USD for tooling and then a couple of USD for each part.   Also, keep in mind that you can't really create hollow parts with injection molding, like you do with a 3D printer. You would have to create two parts, which are then put together (the method depends on the material).   For small-scale manufacturing, and this includes 100-200 parts a month, you're better off with 3D printing. Professional 3D printing services will charge you within an order of magnitude around USD 500 per kilogram, depending on the material, quality requirements, and volume."}
{"_id": "504463", "title": "", "text": "I got a new phone last month, my fourth contract renewal with AT&amp;T. Not long after that, they started text spamming me relentlessly. I called twice, and basically got the same response, that they won't stop the spam messages. I have a good memory and I won't be renewing 2 years from now. I have no sympathy for them."}
{"_id": "504479", "title": "", "text": "Good question. If a person has a choice, it is probably better to pay cash. But not always. If your large pile of cash can earn more being invested than cost of the interest to borrow a similar large pile of cash, it is beneficial to get a mortgage. Otherwise pay cash. EXAMPLE: A house costs $100,000. I have $100,000 in extra money. I can invest that at 5% per year, and I can borrow an additional $100,000 at 2% per year. Since I can make more on my pile of cash than it costs to borrow another pile of cash, borrowing is better. Compound interest is the most powerful force on the planet according to Albert Einstein (maybe). That isn't likely for most people though. Here is the results from some online financial calculators. http://www.calcxml.com/do/hom03 Borrowing $100,000 with 2% interest for 30 years will cost a total of $148.662. You get $100,000, but it cost you $48,662 to do it. http://www.calcxml.com/do/sav07 Saving $100,000 in a bank account with an interest rate of %5 will be worth $432,194 in 30 years. By not spending the money you will earn $332,194 over the course of 30 years. So if you can invest at 5% and borrow at 2% you will end up with $283,532 more than if you didn't. It is a pretty extreme example, and financial advisers make a lot of money figuring out the complex nature of money to make situations like that possible."}
{"_id": "504497", "title": "", "text": "It sounds like you want to lock-up your money in something relatively safe, and relatively hard to touch. You may want to consider a GIC (TD has one I found in a quick search) - from what I see it's the closest thing to a US CD. You won't get much back, but if you pick a 5-year term, you can't spend it* easily. Other options might be to buy an ETF, or get into REITs - but that will depend on your risk comfort. Also - to add from the comment Rick left - be sure to pay off any high-interest debts: especially if they're on a credit card, it will help you later on. * easily .. you can withdraw, but there're generally penalties"}
{"_id": "504579", "title": "", "text": "\"I did a quick search, they have a $2B/5yr deal with google cloud.   Downside is Google is a competitor potentially, especially in the ad market.  Upside is SNAP revenue increased from $58M in 2015 to just over $404M in 2016.  I think in today's market, everyone wants to hold the next \"\"Amazon\"\" or \"\"Google\"\" stocks at their conception. Sure would be nice if you had a few thousand in Amazon at their IPO. So I think pure speculation is why they were trading above IPO price for so long. It could be the next biggest thing, or it could fail in 5 years we never know these things lol\""}
{"_id": "504580", "title": "", "text": "Most plans yes, but it depends on your specific plan's provisions. You want to get a Summary Plan Description for your specific plan. Speak with HR (assuming you have one, or whoever is in charge at your company) and request a Summary Plan Description (they are legally required to provide you with one if you ask, although there may be a small cost to you for printing). It will tell you in there when distributions may be made following severance of employment as it pertains to your specific plan. An excerpt from the doc submitted to the IRS for plan approval -  option g would be the choice that's available, and participant should watch out for.  This is the response (a small excerpt, the full doc ran 2 pages and had private information) -  It confirms the full document (the plan itself) was approved."}
{"_id": "504591", "title": "", "text": "Agree 100% with every post you made in this thread, with a caveat.  The traditional internet consumer-advertiser-provider model is heading to an existential crisis. We have total information overload, most people don't even use facebook ads ONCE through their whole facebook career. Google the originator of the model has outgrown its adwords roots.  I don't think we'll actually pay for shows, we're way too cheap to do that. But advertising is going to need to be revolutionized if it can maintain the status quo.  Zergboss completely misses the point. It's not about computer screens vs. tv's. It's not tv vs internet. The fundamental conflict is in the changing revenue flow in shows and movies. I don't care for season premieres if hulu has them tomorrow when I have more time. Because these shows are paid for by advertisers, providers must change their source of revenue or come up with new ways to entice consumers"}
{"_id": "504595", "title": "", "text": "Your first one is third party sellers not having their security up to date, and them losing money based on that.  Not at all an Amazon issue.  Third party sellers used bad security, got hit the same way anyone else would, news at 11.  The second one, I assume, is the like 80,000 email addresses, not connected to anything.  With, you'll notice, encrypted passwords.   &gt;Oh look FUD.   This is not an argument.  Are you seriously unaware of license plate readers?  I mean, I fucking already sent you a link to it.    &gt;Quick someone tell Target their customer's credit card info isn't accessible.   Someone tell the government leaking your SS#, date of birth, etc, is way worse than that!  And it's for all of us!  At least companies learn via stock price.  It just keeps happening at the govt at a much worse scale.   http://www.darkreading.com/attacks-breaches/the-7-most-significant-government-data-breaches/d/d-id/1327468"}
{"_id": "504599", "title": "", "text": "Actually, the rate of change could be more or less constant, but you might have a minimum price that represents your fixed costs.  So you might sell a milligram for $1 (which is ridiculous in terms of per-unit pricing) to cover fixed costs, and add $0.50/lb for each step in size to cover variable costs (cost of raw materials and packaging), so a 2lb bag would be $2, a 5lb bag would be $3.50, a ton would be $1,001, etc.  At the end of the day, you want the marginal revenue (the price that you charge for each additional pound) to be more than the marginal cost (the price per pound it takes to produce the bag).  Any amount over that goes towards your fixed costs - the cost you'd incur if you sold zero product (rent, utilities, overhead, etc.) It's not an exact science, and there are many variables that go into pricing."}
{"_id": "504612", "title": "", "text": "You can apply for Foreign currency accounts. But they aren't saving accounts by any means, but more like current accounts. Taking money out will involve charges. You have to visit the bank website to figure out what all operations can be performed on your account. Barclays and HSBC allow accounts in foreign currency. Other banks also will be providing the same services. Are there banks where you can open a bank account without being a citizen of that country without having to visit the bank in person Depends on country by country.  Are there any online services for investing money that aren't tied to any particular country? Get yourself a trading account and invest in foreign markets i.e. equities, bonds etc.  But all in all be ready for the foreign exchange risks involved in denominating assets in multiple currencies."}
{"_id": "504655", "title": "", "text": "\"I don't understand what are the apples and the oranges in them equation above.  Also, how do we \"\"assign more money into the system to represent added value in the system?\"\". This is the crux of the matter.  Currently, it's gov't debt, as far as I can see.  I'm really interested in where else it might come from, and would love to hear your answer.\""}
{"_id": "504658", "title": "", "text": "\"&gt;  How do I go about trading options is it a viable route for some \"\"broke\"\" college kid?  First off, I wouldn't trade what I don't understand.   Second, you'd use a broker to trade options.  Third, I wouldn't recommend any trading for someone with low income and low current net worth/available cash.\""}
{"_id": "504661", "title": "", "text": "If you are actually referring to all the political rhetoric and posturing over the debt ceiling issue.  That's a long ways from the US actually defaulting on paying debts.  A lot of government offices might shut down, but I expect anyone holding US debt to be paid off. (they have the printing presses after all)  If that's what you are referring to, based on the LAST time that the governement had to shut down because they didn't raise the debt ceiling, it won't be a big deal.  Last time, no debt was defaulted on, a bunch of the less essential government offices shut down for a few days, and the stock market did a collective 'meh' over the whole thing.  It was basically a non event.  I've no reason to expect it will be different this time.  (btw, where were all these republican budget cutters hiding when 10 years ago they started with a nearly balanced budget, and ended up blowing up the national debt by about 80% in 8 years time? (from roughly $6B to $11B)  I wish they'd been screaming about the debt as much then as they are now. Not that there isn't ample blame to go around, and both sides have not been spending in ways that make a drunken sailor look like the paragon of a fiscal conservative, but to hear nearly any of them tell it, their party had nothing to do with taking us from a balanced budget to the highest burn rate ever while they were in control (with a giant financial crisis through in as pure 'bonus')"}
{"_id": "504663", "title": "", "text": "There is a reason most cities regulate taxi and limo services, practices like this are some of them. Fee gouging and refusing to pick up customers are others. Then the lack of screening (remember the story where a driver without a proper license kidnapped his passenger to outrun NJ officials?)  I expect all major cities to pass legislation affecting services like Uber and AirBNB etc, and in the end they will be forced to compete on a level playing field with existing taxi services. Fees will go up, and then they will crash and burn."}
{"_id": "504672", "title": "", "text": "This is my list of emerging markets so far.  - Digital cash (cryptocurrencies) Potential triggers: Financial crisis. If there is an other financial crisis, it will probably be triggered by our banking system again. Consumer confidence will drop heavily. As result, people will search for other methods to keep their money stored (as in the greek banking crisis in 2008, where greek residents mass adopted Bitcoin.) - Alternative fuel Potential trigger: Our oil supply isn\u2019t indefinite/endless. Sooner or later there must be an alternative sort of fuel to keep our on-oil-running-systems available. With the rise of demand in durability, this alternative fuel has to be very nature friendly (unlike diesel/oil/gasoline). Potential alternative:  Ethanol. - A better way to store power produced by solar power systems. Why?   Need for energy will grow because of the increasing amount of people on earth Cities are getting larger + more advanced. This results in an even bigger  There is a rise of intrest in green energy because of the world climate change. Potential trigger: Solar power is one of the most emerging markets at the moment.. Unfortunately we are still unable to store 100% of the empowered solarpower. In China only 20% of the electricity created by solar power machines  is useable. This is mainly because the power created is way bigger, than the abillity to store and transfer solar power. - Artificial intelligence (robot knowlegde) - An alternative for meat, which tastes just like regular meat  - Complete autofunctional busses. Potential trigger:  Shortage of busdrivers. Plus the advancements in robot technology will make it possible to put robots in function, on places where there is a shortage of humans. - Biotechnical-healthcare (the interference of robots in our healthsystem) - Alzheimer/Cancer medicine - Legalization of weed Potential trigger: Governance approval  - Virtual reality (gaming) Potential trigger:  The abillity to make the VR-gear affordable for every consumer. Increasing the amount of games available in VR. - The abillity to print everything with a 3D-printer, to reduce cost/staffexpenses and to increase efficiency - Africa"}
{"_id": "504678", "title": "", "text": "I make it a habit at the end of every day to think about how much money I spent in total that day, being mindful of what was essential and wasn't. I know that I might have spent $20 on a haircut (essential), $40 on groceries (essential) and $30 on eating out (not essential). Then I realize that I could have just spent $60 instead of $90. This habit, combined with the general attitude that it's better to have not spent some mone than to have spent some money, has been pretty effective for me to bring down my monthly spending. I guess this requires more motivation than the other more-involved techniques given here. You have to really want to reduce your spending. I found motivation easy to come by because I was spending a lot and I'm still looking for a job, so I have no sources of income. But it's worked really well so far."}
{"_id": "504703", "title": "", "text": "\"Assuming the renter was properly vetted, the only question worth asking is \"\"what has changed in your life?\"\" Perhaps one of the earners has lost a job, or has moved out because a couple has broken up. If nothing has changed but they just don't feel like paying you, start the eviction process. If something has changed and you assess that it's temporary (I lent my brother money and he didn't pay me back -  I'll be behind for a few months but I will catch up; my employer went out of business and didn't pay me for the last two weeks - I have a new job already and am waiting for my first paycheque) then perhaps you are willing to wait. If something has changed and it seems pretty permanent then you might reluctantly start the process. Depending on how long it takes where you live, the renter might get things under control before you finish.\""}
{"_id": "504705", "title": "", "text": "If you are arguing that we need to regulate industries to promote competition, I completely agree. I would even go as far to say that reducing taxes on the worlds richest people has caused money to stagnate in the hands of the few effectively reducing the multiplier effect and truly creating this mess we are in today.  When rich people have more money, they don't turn around and spend it in VC, they look for someone who needs to borrow it and who will give them a good return, thus why debts have all increased publicly and privately throughout the world."}
{"_id": "504709", "title": "", "text": "Draw up a budget and see where most of you expenses go to. See if you can cut any not essential expenses.  If this doesn't help much you will need to increase your income. Ways to do this without going into debt may be to get a job, ask your parents for money, sell some of your non essential things, tutor fellow students or students in earlier years, just to name a few. Basically, if you want to stay out of debt you income needs to be higher than your expenses. So you either need to reduce your expenses, increase your income, or both. Without further information from yourself it would be quite hard to direct you in the right direction."}
{"_id": "504720", "title": "", "text": "Seriously.  I generally agree with the sentiment he's trying to convey though.  That there is something to be said for a business that provides a tangible product.  However, this IPO proves nothing about anything except that this one particular business, at the moment, is doing the right things."}
{"_id": "504735", "title": "", "text": "Microsoft's days of growth are almost certainly behind it, but it is the dominant player in the corporate/institutional market and will likely hold that position for the foreseeable future. It probably isn't going to be a household brand in a few decades, but it's definitely not headed for collapse either."}
{"_id": "504747", "title": "", "text": "\"A data point can be something simple like your name, age, sex, race and address or more private like if you are right or left handed, medications you take, type and breed of your pet, if you have a swimming pool, etc. Not all of these data points or \"\"fields\"\" of information are known for every individual and just left blank. Some more examples would be your interests such as: Golf, boating, reading, hunting, etc.\""}
{"_id": "504757", "title": "", "text": "&gt; You want me to predict the future.  Nobody can predict the future   &gt; Nobody knew what would happen when cars were invented, or when computers were invented, or when the internet was invented, but we figured it out.   The difference being that those were the tools to help us do the work. We are now building tools that do the work for us. Pretending that automation (which is a good thing, I agree) is the same as industrialization is just naive."}
{"_id": "504770", "title": "", "text": "This is total bullshit.  I was an average B student in Physics at Caltech. I decided to go to Med school, but barely made it through Organic Chem. So I took it in Summer school at UCLA, in a class of 300 pre-meds. I was top man on every test.  The difference in the average quality of the students was huge."}
{"_id": "504776", "title": "", "text": "I agree with you: it sounds like a scam. Those terms are too good to be true.  Online, it is too easy to pretend to be someone you are not. When choosing a bank to work with, you need to be confident of its legitimacy. Make sure you have heard of it someplace other than their own website and can trust it. In this case, this isn't even a bank; it is just an individual stranger. I can't see how this could possibly be legitimate.  With the information that they are asking for, they could potentially impersonate you and steal your money. I would stay away from this."}
{"_id": "504785", "title": "", "text": "In such a situation, is it really safe to give financial info to a person who does not encrypt it? Encryption only helps to an extent. i.e. during transmission of data or during brute force makes it more difficult to get the real data. However you concern is more of staff using this data, which encryption will not help much as they would be able to decrypt and see the data. In what ways could it be misused? This depends on the type of data. The financial data can be used to hack into your accounts if other bits of info are known. i.e. most of the times on Telephone requests; say putting card on hold, requesting balance on account, etc; only your address, mother maiden name, last few transaction details are asked. Some critical requests need more ID proofs; so generally not of concern. The other misuse would be selling this to marketing companies, so that you can be bombarded with sales pitch for anything and everything. The PAN and other ID documents are becoming more prone to mis-use. i.e. give a copy of PAN to open fraudulent accounts etc. A good practise would be to mark every copy of ID proof you give with the purpose as to why its given and a date. This would make the ID proof stale to an extent. If she is not going to encrypt it, should I ask her to delete all my old data and then create a new profile for my communication with her; the new profile not being my name, but a fake name? The regulations would not allow her to create fake accounts and may lead to issues and as such any recognised financial advisor would not allow this to be done. Quite a few countries have regulations for financial advisor's that need to be adhered to."}
{"_id": "504808", "title": "", "text": "There's a big difference between the 2 scenarios. Apple doesn't have any liability of one of their devices is used for criminal purposes, and that wasn't even the situation. Apple was asked to unlock a phone so the FBI could look for potential information.  DB however has a legal and ethical obligation to prevent it's services being used for money laundering and other criminal behavior. This included internal controls and audits on customer activity. The House Democrats asked if these controls were performed on Trump's accounts, and what the outcome of their audit was. A request that is well within the House's scope. If Republicans signed on to the inquiry the House could subpoena the information and it would carry the force of law.  The only way this would be remotely analogous to the Apple scenario is if Apple was legally required to routinely read your emails to make sure you weren't a terrorist, and the FBI requested an accounting of whether that particular terrorist's emails had been read. If Apple had denied a request like that, it's unlikely that PR would have been so favorable to them.  edit: and it was the San Bernadino shooter's phone"}
{"_id": "504816", "title": "", "text": "I don't think the verbal confirmation from the branch manager is worth anything, unless you got it in writing it basically never happened. That said, what did you sign exactly? An application? I'd think they would be well within their rights to deny that, no matter what the branch manager said. If you actually signed a binding contract between you and the bank, things would be different but the fact that 'approval' was mentioned suggests that all you and the bank signed was an application and the bank manager made some unreasonable promises he or she doesn't want to be reminded of now. If the complaints department can't get off their collective backsides, a firm but polite letter to the CEO's office might help, or it might end up in the round filing cabinet. But it's worth a try. Other than that, if you are unhappy enough to go through the pain, you can try to remortgage with another bank and end the business relationship with your current bank."}
{"_id": "504819", "title": "", "text": "From a linked article:  &gt; You\u2019ll want to keep the case with you, too, because it carries four extra charges, and heavy use **(snapping 20 or 30 10-second videos in a half hour) will put a serious hurt on Spectacles\u2019 battery.**  Um, so you get 5-10 minutes of record time per charge? What the heck is the point of wearing goofy glasses if that is the longest they can record??"}
{"_id": "504821", "title": "", "text": "\"It's only in /r/business people try to be polite by saying \"\"leaving money on the table\"\" when they really mean \"\"didn't fuck over the other guy as hard as you possibly could have\"\", which is exactly what Facebook did (when we're not mincing words of course).\""}
{"_id": "504827", "title": "", "text": "What America needs is a federal union.  One that will:  - eliminate H1B visa programs  - put the wall up and hold employers of illegal immigrants accountable   - enforce patent/copyright infringement to the point that trade agreements will be disassembled if there are system, widespread, wholesale violations.   - force automation into low paying roles (low paying wages are a scourge and need to be automated as quickly as possible)  - provide training pathways and educational opportunities that don't put the trainee/student in debt for the first 10 years of their career  The list is really endless, but these are just a few starter ideas to nail to the door of the labor market."}
{"_id": "504833", "title": "", "text": "Another simple case of reading comprehension. Both from your graph and from my post. If you're contesting that high interest rates means lower inflation, that means you have no idea how 99% of the currency is created or about the quantity theory of money. The CPI index is more of a measurement of how much money the average consumer is spending than it is the value lost of the dollar. If the average consumer spends 2% more than their basket of goods will get 2% more expensive. If wages go up 2% they will spend 2% more. CPI is a fucking joke, and anyone who believes it is either a lamen or a shill."}
{"_id": "504854", "title": "", "text": "You're looking at this too rationally. People can not resist eating junk food, especially when they have to sit for 2-3 hours to watch a movie. It's pure biology, not economics. People don't always act according to economic logic."}
{"_id": "504861", "title": "", "text": "Thats exactly what I am looking to do - a career change. My problem is I dont have any relevant experience in finance (and mot much knowledge either). So I planned to do the CFA thinking that I will get some relevant knowledge in order to apply for jobs in the field. As things stand now I dont if I will fare well in an interview if I get a call.   You got a job explaining your investments, thats impressive. I wonder if you could tell me, what other things will the interviewers grind you on if an IT guy looks to get into finance without any relevant experience?"}
{"_id": "504867", "title": "", "text": "There are benefits in the melting of the Arctic, but the risks are much greater  NOW that summer is here, the Arctic is crowded with life. Phytoplankton are blooming in its chilly seas. Fish, birds and whales are gorging on them. Millions of migratory geese are in their northern breeding grounds. And the area is teeming with scientists, performing a new Arctic ritual. Between now and early September, when the polar pack ice shrivels to its summer minimum, they will pore over the daily sea ice reports of America\u2019s National Snow and Ice Data Centre. Its satellite data will show that the ice has shrunk far below the long-term average. This is no anomaly: since the 1970s the sea ice has retreated by around 12% each decade. Last year the summer minimum was 4.33m square km (1.67m square miles)\u2014almost half the average for the 1960s. The Arctic\u2019s glaciers, including those of Greenland\u2019s vast ice cap, are retreating. The land is thawing: the area covered by snow in June is roughly a fifth less than in the 1960s. The permafrost is shrinking. Alien plants, birds, fish and animals are creeping north: Atlantic mackerel, haddock and cod are coming up in Arctic nets. Some Arctic species will probably die out. Perhaps not since the 19th-century clearance of America\u2019s forests has the world seen such a spectacular environmental change. It is a stunning illustration of global warming, the cause of the melt. It also contains grave warnings of its dangers. The world would be mad to ignore them. Less feedback, please As our special report shows in detail, the Arctic is warming roughly twice as fast as the rest of the planet. Since the 1950s the lower atmosphere has warmed by a global average of 0.7 degrees Celsius; Greenland\u2019s air has warmed by 1.5 degrees. The main reason appears to be a catalytic warming effect, triggered by global warming. When snow or ice melt, they are replaced by darker melt-water pools, land or sea. As a result, the Arctic surface absorbs more solar heat. This causes local warming, therefore more melting, which causes more warming, and so on. This positive feedback shows how even a small change to the Earth\u2019s systems can trigger much greater ones.  Some scientists also see a tipping-point\u2014another feared term in the climatology lexicon\u2014in the accelerating diminution of the sea ice. The term describes the moment at which the planet shifts from one environmental state to another: in this case, from an Arctic with summer sea ice to one without it. By the end of this century\u2014perhaps much sooner\u2014there will probably be frequent summers with no sea ice at all. Arctic peoples have also noticed what is going on. Inuit hunters are finding the sea ice too thin to bear their sleds. Arctic governments are starting to see a bonanza in the melt. The Arctic is stocked with minerals that were hitherto largely inaccessible, including an estimated 30% of undiscovered reserves of natural gas and 13% of undiscovered oil reserves. A combination of high commodity prices, proactive governments, technological progress and melting ice will help bring these to market. Encouraged by Arctic governments and dwindling reserves elsewhere, oil companies are flocking north like migrating geese to explore the continental shelves of Alaska, Canada, Greenland, Norway and Russia. Canada and Russia also hope to develop their Arctic shipping-lanes, which the melt is making accessible. Russia\u2019s Northern Sea Route, hugging the Siberian coast, cuts the normal distance between Europe and Asia by more than a third. It will help ferry Russia\u2019s Arctic resources to Asian markets, and could one day be a wider boost to world trade. These exciting developments carry risks, however. Many fear for Arctic cultures\u2014a Canadian Inuit argues despairingly for her \u201cright to be cold\u201d. Others foresee conflict between Arctic countries scrambling for the region\u2019s resources. Greens warn of environmental risks in developing them: a big oil spill would be disastrous for fragile Arctic ecosystems. The igloos have gone Such fears are reasonable, but often exaggerated. Traditional Arctic peoples have been changed far more by Westernisation than they will be by melting ice. None lives in an igloo these days. And everywhere except Russia their rights have been recognised. Nor is conflict much of a worry. The Arctic is no terra nullius. Most of it is demarcated, and Arctic countries have a commercial incentive to keep the peace. Last year Russia and Norway settled an old dispute over their maritime border; soon they will open the border region to oil firms.  Watch our animation of the receding Arctic ice-shelf and the shipping routes it could unlock  The risks of pollution from bilge water, mining effluent and spilt oil are real. Yet the Arctic is not unprotected: it is, by and large, among the most regulated oil provinces. Its development will also be slower and more cautious than greens fear. Even with little sea ice, the Arctic will remain forbiddingly cold, remote, stormy and therefore expensive to operate in. The worry that needs to be taken most seriously is climate change itself. The impact of the melting Arctic may have a calamitous effect on the planet. It is likely to disrupt oceanic circulation\u2014the mixing of warm tropical and cold polar waters, of which the Gulf Stream is a part\u2014and thawing permafrost will lead to the emission of masses of carbon dioxide and methane, and thus further warming. It is also raising sea levels. The Greenland ice sheet has recently shed around 200 gigatonnes of ice a year, a fourfold increase on a decade ago. If the warming continues, it could eventually disintegrate, raising the sea level by seven metres. Many of the world\u2019s biggest cities would be inundated long before that happened. Some scientists argue that the perils are so immediate that mankind should consider geoengineering the atmosphere to avert them (see article). They may turn out to be right, but there could be enormous risks involved. A slower but safer approach would be to price greenhouse-gas emissions, preferably through a carbon tax, which would encourage the adoption of cleaner technologies (see article). That shift would be costly, but the costs of inaction are likely to be larger. In the end, the world is likely to get a grip on global warming. The survival instinct demands it. But it is likely to lose a lot of the unique Arctic first. That would be a terrible pity.  http://www.economist.com/node/21556921?scode=3d26b0b17065c2cf29c06c010184c684  Roald Audun Flo"}
{"_id": "504897", "title": "", "text": "You're comparing apples and oranges. This states that they export more GASOLINE than they import GASOLINE.  To answer your question, it's because of geography. New York might buy refined gas from Quebec (hypothetical) while Washington state exports to BC. North America is huge, so transport is an important factor."}
{"_id": "504918", "title": "", "text": "I'm a finance manager at a dealership. The thing that I tell people about leasing:  It's good if you plan to make more money in the future. You can get a new car.  The downside of leasing. When you get out of your lease you will either pay straight cash, get another loan for the unit, or get a new unit. 3 years down the road you have no idea what interest rates will be. If you lock in your rate today you are guaranteed that rate. With the government increasing rates we could see higher rates that could cost you more.  Also if you get a loan today it will be 5-6 years. Leasing will have a 3 year lease with another 5-6 year loan on top of that. Causing to pay more in the long run  If your brother doesn't have straight cash to pay for it at the end of 3 years I recommend buying new"}
{"_id": "504940", "title": "", "text": "Are you sure the question even makes sense? In the present-day world economy, it's unlikely that someone young who just started working has the means to put away any significant amount of money as savings, and attempting to do so might actually preclude making the financial choices that actually lead to stability - things like purchasing [the right types and amounts of] insurance, buying outright rather than using credit to compensate for the fact that you committed to keep some portion of your income as savings, spending money in ways that enrich your experience and expand your professional opportunities, etc. There's also the ethical question of how viable/sustainable saving is. The mechanism by which saving ensures financial stability is by everyone hoarding enough resources to deal with some level of worst-case scenario that might happen in their future. This worked for past generations in the US because we had massive amounts (relative to the population) of (stolen) natural resources, infrastructure built on enslaved labor, etc. It doesn't scale with modern changes the world is undergoing and it inherently only works for some people when it's not working for others. From my perspective, much more valuable financial skills for the next generation are:"}
{"_id": "504951", "title": "", "text": "\"The type of savings account your are referring to is an \"\"Instant Access\"\" account which offers little or no interest in savings. To solve your problem I would suggest opening a higher interest Current Account, there are several on the market which offer equivalent rates of interest as an Instant Access account but still allow access via a debit card. Usually there are requirements for a regular salary transfer into the account or a minimum balance to qualify for interest. Banks that are well know for offering high interest Current Accounts include Nationwide, Santander, TSB and most of the build societies.\""}
{"_id": "504969", "title": "", "text": "That totally depends on if its domestic or international.   The difference between domestic first and coach is not as drastic as the difference between first/business and coach on international.  On a two hour flight, I don't see any added advantage to business/first over coach. On a 6+ hour flight, I do.   On a cost basis, it would have to come down to how important that person's decisions are on a capital return basis."}
{"_id": "504975", "title": "", "text": "\"It's not possible for them to be comingled. From the IRS FAQ: Does my employer need to establish a new account under its 401(k),   403(b) or governmental 457(b) plan to receive my designated Roth   contributions? Yes, your employer must establish a new separate account for each   participant making designated Roth contributions and must keep the   designated Roth contributions completely separate from your previous   and current traditional, pre-tax elective contributions. It doesn't have to be a separate \"\"account\"\" necessarily, but the amounts must be tracked separately as if they were in separate accounts: Does separate account refer to the actual funding vehicle or does it   refer to separate accounting within the plan's trust? Under IRC Section 402A, the separate account requirement can be   satisfied by any means by which an employer can separately and   accurately track a participant\u2019s designated Roth contributions, along   with corresponding gains and losses.\""}
{"_id": "504989", "title": "", "text": "\"First I would like to say, do not pay credit card companies in an attempt to improve your credit rating. In my opinion it's not worth the cash and not fair for the consumer. There are many great resources online that give advice on how to improve your credit score. You can even simulate what would happen to your score if you did \"\"this\"\". Credit Karma - will give you your TransUnion credit score for free and offers a simulation calculator. If you only have one credit card, I would start off by applying for another simply because  $700 is such a small limit and to pay a $30 annual fee seems outrageous. Try applying with the bank where you hold your savings or checking account they are more likely to approve your application since they have a working relationship with you. All in all I would not go out of my way and spend money I would not have spent otherwise just to increase my credit score, to me this practice is counter intuitive. You are allowed a free credit report from each bureau, once annually, you can get this from www.annualcreditreport.com, this won't include your credit score but it will let you see what banks see when they run your credit report. In addition you should check it over for any errors or possible identity theft. If there are errors you need to file a claim with the credit agency IMMEDIATELY. (edit from JoeT - with 3 agencies to choose from, you can alternate during the year to pull a different report every 4 months. A couple, every 2.) Here are some resources you can read up on: Improve your FICO Credit Score Top 5 Credit Misconceptions  9 fast fixes for your credit scores\""}
{"_id": "504992", "title": "", "text": "They do pitchdecks every week with the industry coverage groups presenting biweekly. Fundamental analysis included industry overview/company overview/investment rationale/valuation (usually DCF or public comps)/risk. PM then uses pitchdeck and technical analysis to set orders but buys the stock for the long run and makes and monitors it daily. 21% in a year and high growth picks by the OC for industries in tech usually are high growth so cap gains there are evn higher  U probably went to some retard school. I said back office bc I highly doubt your dumb ass works in IB based on how socially incompetent and arrogant u sound."}
{"_id": "504996", "title": "", "text": "Overvalued does not mean an opportunity to short.  As long as a company's earnings are decent and there are limited other opportunities in the market, a stock would stay overvalued. its just that future returns on the stock might be limited. For shorting you need an expected trigger. Say you expect an overvalued company's earnings to decline or significantly miss expectations. This would be a candidate for shorting.."}
{"_id": "504999", "title": "", "text": "TARGET2 is a high value realtime settlement system across Europe and for this to be open on weekends would mean all the Banks including Central Banks in the Euro Zone work. Quite a few times to manage intra day liquidity, banks borrow from each other, hence there is an active monitering of the liquidity by Banks. The borrowing happens over phone and fax and the lending bank sending a high value transaction that credits the borrowing banks. These is the day to day job of treasury group [highly paid individuals] to manage liquidity. Now if on weekends the volume is less, it does not make sense to keep these people, the cost of supporting this for very insiginificant business gain is not driving to build such systems.  On the other hand on retail transactions, say Cards [Debit / Credit], ATM, the value is not high and hence there is no treasury function involved and there is a huge need, everything is automated. So no issues."}
{"_id": "505009", "title": "", "text": "Cheaper than a trailer park in the country? What planet do you live on? Seriously. It's not the sticks, but we are surrounded by farms for miles. The tallest building is a chicken plant. The closest major airport or train station is two hours away.   I can tell you grew up in suburbia. No one who grew up in the country would ever say that. It's easy to move from the city to the country. It's extremely hard to go the other way.  Also, those cheaper places you're talking about are cheap because the job market sucks."}
{"_id": "505020", "title": "", "text": "\"I find it funny that people complain when the electorate votes for things contrary to their own self interest. Yet in most other contexts it's admirable to do so. Imagine saying    \"\"OMG all these white people voting for civil rights for blacks. What the hell are they thinking?\"\"   \"\"OMG all these well-to-do suburbanites voting for food stamp policy. What the hell are they thinking?\"\"  \"\"OMG this guy is voting to legalize drugs but he's never done drugs himself!\"\"  The list goes on and on. Stop trying to train voters to be more selfish. It's unhealthy. We should be training people to vote for what they think is right. Period. If people are able to rise above their own self-interests and vote for what they think is right (see above examples) they should be commended not condescended to.\""}
{"_id": "505022", "title": "", "text": "The early bird catches the worm. The first person who makes use of the information gains! That is why hedge funds pay billions of dollars to place their routers right at the center of wall street. Moreover, the information is not always correct. The article you are reading may be a rumor spread by someone on wall street.Then there is speculation and that is factored into the price. For example:- In spite of all the bad news from Greece, the market still continued to rise. This was because, everyone had an idea about what was going to happen and the price was factored in way before Greece actually defaulted. The game is way more complicated than it seems. If everyone sat down and read reports, opportunities to make millions of dollars would have been lost in those few seconds. (Please note:- I do not mean reading reports is bad)"}
{"_id": "505025", "title": "", "text": "Why do people always seem to forget that plenty of people went and studied all sorts of wacky topics in university during the 1960s and 1970s ... and paid no more for tuition / housing / food / etc than a minimum wage job could support in up front cash?      The problem isn't going to study 4 years of interpretive dance. The problem is the government-induced tuition inflation that will give someone $50k in government-backed loans to go study 4 years of interpretive dance. Get the freaking government out of the tuition inflation business already! And let people go study 4 years of interpretive dance for $1k/year if they so desire.      If you don't believe that nearly 100% of tuition inflation is caused by government-backed loans. Then ask yourself - what kind of investor in their right mind would freely lend $50k in unsecured funds to someone to study 4 years of interpretive dance?"}
{"_id": "505027", "title": "", "text": "\"Let's say, I have a Life Insurance for 20 years. Whether the money will be given back to the Policy Holder along with the Accumulated Interest on it ? This depends on the type of Insurance Policy.  If you have purchased a \"\"Term Plan/Policy\"\" then these do not give back anything. However the premium is very low and is essentially covering for the risk. If you have \"\"Cash Value type\"\" of policies [Whole Life, Endowment, Universal Life, etc] then you get something back at the end. This depends on the policy document. The premiums are substantially high. It is generally advised that Cash Value type of policies are not good and the returns they generate are poor than depositing the difference in premium in alternative investments and buying a Term Plan.\""}
{"_id": "505028", "title": "", "text": "Many developing countries have restrictions on foreigners buying land.  For example, Thailand.  If you ever move there, you will never be able to own any land.  Period.  But countries like India go even further.  If you want to buy some land in J&amp;K province, you can't even if you are Indian.  What if you marry a woman from J&amp;K?  Nope... then you are both screwed and both of you can't buy land in J&amp;K.  Similar restrictions are in place for other provinces (HP, AP, etc)  Imagine living in New Jersey and never being able to buy land in Pennsylvania... that's India.    Building and hoping no one notices worked 15 years ago, but not anymore. (unless you're rich and connected, of course.)"}
{"_id": "505037", "title": "", "text": "Salon scissors are the essential tools of any professional salon. Without the scissors, it is impossible even to imagine a salon. Despite expert skills are required to do a hair styling, these scissors plays an important role in giving that new look with fine finishing. Customers will be thoroughly satisfied, if you give a new style to the person who has undergone a hair cut. To do this, scissors are very essential to do your job perfectly."}
{"_id": "505057", "title": "", "text": "\"Otto, I totally agree with you. That feature would be awesome addition to mint. Have you thought of adding Custom tag called \"\"reviewed\"\" and just mark that to the transaction.  Ved\""}
{"_id": "505065", "title": "", "text": "If what you say is true (I don't know anything about them, I very rarely buy electronics that aren't computers), then the market should make short work of them. Which it appears to be if they're doing rounds of layoffs."}
{"_id": "505082", "title": "", "text": "Debt will ruin any plans.  I guess that the interest on the credit cards is about $450 a month or about $5,500 per year and the school loans is about $6,000 a year.  Get a an Excel spread sheet going and start tracking your expensed.  Learn to make a amortization spread sheet for all debts, and any future debts that you are thinking about. If you want a family soon plan on one income for a period of time. If you buy a house plan on paying it off while you are working.  Then the house payment becomes spendable money during retirement.  A cheaper house can be upgraded in the right neighborhood with an excellent appreciation in value.  Money put into excellent collectibles and kept for 20 years or more is private and off the radar income no taxes when sold. STUDY STUDY LEARN LEARN"}
{"_id": "505087", "title": "", "text": "&gt; e S&amp;P 500's cyclically adjusted price to earnings ratio above 26 and inching closer to 30 everyday I would be inclined to disagree. Also price trends and technical indicators say nothing about over and undervaluation. If fact technical indicators are worthless in the real world.  you mean the Shiller PE?  LOL."}
{"_id": "505091", "title": "", "text": "&gt; I would need to get all the breaks my employer gets  A large part of the discount an employer gets, is due to the number of policy holders they enroll.  Most methods of duplicating that have other problems.  So forcing everyone into an individual market will end up raising rates on everyone, by removing group discounts.  Eventually to the point where no one gets any discount from insurance."}
{"_id": "505105", "title": "", "text": "That's just not relevant.  Of course you can't prove they aren't responsible.  How is she going to hold Equifax fully legally responsible for what happened to her when there was only a 15% increase in fraud?  What's to say she's not in the 85% that would have happened anyway?  How are they going to prove in court that Equifax should be forced to make her whole?  I mean, look at [this list of breaches.](https://www.identityforce.com/blog/2017-data-breaches)  Why isn't one of those guys responsible for paying for her problems?"}
{"_id": "505110", "title": "", "text": "The amended return Form 1040x has a different calculation for the `Refund or Amount You Owe' section than the original 1040, you use the amount you owed or amount overpaid from the original return to offset the impact of the amended return. This calculation assumes the refund/payment has been made already.  So deposit your refund check, then file the amended return. I suggest filing sooner rather than later in case you owe (unlikely to be penalized unless it's significant/fraudulent), but sooner is better anyway."}
{"_id": "505115", "title": "", "text": "Well, I'd argue they aren't technically 'supposed' to lose cash; VCs and other investors are just ok with it if the growth justifies the loss.   Of course then again, people apparently still own snapchat stock, so who knows."}
{"_id": "505122", "title": "", "text": "My understanding (which could be wrong) was that he raised the price of Daraprim  (the only medication that works for some AIDS patients) by 5000% to benefit himself. It's been copycatted elsewhere in the industry, my first thought is of the EpiPen. So it seems telling of places where the system is vulnerable to exploitation, especially where manufacturers have price setting power.  Edit: This was a terrible explanation on my part. It's an industry-wide issue is what I was getting at, and I worded that in the worst way possible. And I could still be wrong in my point."}
{"_id": "505130", "title": "", "text": "These places are being ruined by places like Smash Burger, Chipotle, and Blaze Pizza. Let's not even talk about the food, the service usually sucks and why should we sit down and have to tip someone for that service?   Now let's talk about food, I don't see much of a difference in quality between fast-casual and comparable items at restaurants like Applebee's, Friday's, Buffalo Wild Wings, and Chilli's. You can also argue that perhaps Wendy's or McDonald's has improved it's quality enough to be considered close in quality.   Obviously you're not going to get a steak at a fast-casual place or McDonald's but why would select Applebee's if you are longing for a steak?"}
{"_id": "505134", "title": "", "text": "\"I am perfectly qualified to not use an accountant.  I am a business professor, and my work crosses over into accounting quite a bit.  I would certainly find a CPA that is reputable and hire them for advice before starting.  I know a physicist who didn't do that and found they ended up with $78,000 in fines.  There are a number of specific things an accountant might provide that Quickbooks will not.  First and foremost, they are an outsider's set of eyes.  If they are good, they will find a polite way to say \"\"you want to do what?!?!?!\"\"  If they are good, they won't fall out of their chair, their jaw won't drop to the floor, and they won't giggle until they get home. A good accountant has seen around a hundred successful and unsuccessful businesses.  They have seen everything you may have thought of.  Intelligence is learning from your own mistakes, wisdom is learning from the mistakes of others.  Accountants are the repositories of wisdom. An accountant can point out weaknesses in your plan and help you shore it up.  They can provide information about the local market that you may not be aware of.  They can assist you with understanding the long run consequences of the legal form that you choose.  They can assist you in understanding the trade-offs of different funding models.  They can also do tasks that you are not talented at and which will take a lot of time if you do it, and little time if they do it. There is a reason that accountants are required to have 160 semester hours to sit for the CPA.  They also have to have a few thousand field hours before they can sit for it as well. There is one thing you may want to keep in mind though.  An accountant will often do what you ask them to do, so think about what you want before you visit the accountant.  Also, remember to ask the question \"\"is there a question I should have asked but didn't?\"\"\""}
{"_id": "505136", "title": "", "text": "Gold is money. If fiat money fails, only physical assets will count. Gold has been an historic store of wealth. Silver is also historically a good thing to possess when governmental systems fail. Don't buy paper gold, it is based on illusion. No one knows what will happen this time, but fiat money will likely fail again, as it has many times. Good luck to you for at least trying to prepare, you are an inspiriation."}
{"_id": "505148", "title": "", "text": "I have searched like crazy for one that appears to have been taken down.  Basically, the premise was that semi-communist states were more capable of coping with ubiquitous robotics than capitalist states that lacked strong socialism with positive rights.  Like, a capitalist state could do great under UR, if it could regulate markets effectively AND was guaranteeing healthcare, food, and (most importantly) education to all its citizens.     It honestly was exactly what it sounds like you are looking for, but I read it a few years back and no amount of googling has turned it up."}
{"_id": "505151", "title": "", "text": "Buddy I know how a student investment club works, my school had a great one but thanks for the explanation. Doesn't change the fact that a valuation by some college kids is meaningless, but you wouldn't understand that because you're still a 20 year old kid with no industry experience. I love that you're bragging about your college to someone who has already graduated and made it into the industry, shows you really have no accomplishments to speak of."}
{"_id": "505154", "title": "", "text": "&gt; ...but we need to start getting over number three.  I strongly disagree. It shows Republicans will undermine the spirit of the system and the will of the people to serve their own ends. When a group shows they will exploit anything they can to take advantage of you, you do not work with them.  &gt; Besides that, it's completely extraneous to the topic at hand...  It is not.  No agreement closes every loophole so there are always plenty of ways to screw over the other side in any agreement.  For compromise there needs to be trust that the other side will generally adhere to the spirit of the agreement.  Republicans have proven themselves untrustworthy in this area.  &gt; They need to try to do that on this one thing and make a fresh start.  Question for you: how many times do you think Democrats should reach across the aisle only to be either rebuffed, insulted, misrepresented in the media, or taken advantage of before you would support a hard line like mine above?"}
{"_id": "505155", "title": "", "text": "&gt;You seem to want our government to fail as well.  No, I want people to recognize that the *concept of government* is a failure that simply gives a lovely cover-story to oppression and mass-murder. I want us to *intentionally dismantle* our government so that we can implement *a better system* that isn't designed to kill people and impose the will of the few on the majority.   &gt;Do you know what to call it when people structure their interactions in order to cooperate? The word is Government.  Except that's a mighty beautiful line of bullshit, because in reality, government is what happens when the powerful create a justification for maintaining their power and imposing their will on the masses."}
{"_id": "505162", "title": "", "text": "Because of methods like the [Double Irish Arrangement](http://en.m.wikipedia.org/wiki/Double_Irish_Arrangement), which is used by the likes of Apple, Google, and many others.  It makes headlines for a myrad of reasons depending on the publication and the market. Bloomberg/wsj/etc will publish it because having low tax overhead is good for business and good for shareholders. The politics and possibility of regulatory change are also pertinent and may influence markets.  Other publications may publish for different reasons. There is a growing backlash against such forms of tax evasion. The more complicated the tax evasion, the less likely smaller firms may have access to those methods. It doesnt look good or feel right when medium fries are stuck paying our high corporate tax while the biggest fish swim free."}
{"_id": "505171", "title": "", "text": "It really depends on the tasks and how things are going.  Well allocated work probably takes less than 40 hours a week most of the time, but might take a lot more than that sometimes.  It really depends.  Being in a really small company leaves little room for maneuvering, and then there is ambition.  Do you really want to dominate your industry?  Then there is the kind of work.  Truly creative work might be so intense that it tops out around 20 hours a week and everything above that is chaff.  That was what I meant by not fitting neatly into standard arrangements.  It also has a lot to do what else there is in your life competing.  It might be necessary to leave earlier than most to make time for afternoon activities or time with children.  Defining desirable intervals outside work may be the most important part of knowing what work hours make sense.  Ultimately it is necessary to understand that balancing work and life is complicated and may have no good answers.  Sometimes work may be life and other times it may compete vigorously with good living.  Simply saying anything over a standard 40 hour work week is too much might be a good place to draw the line, or that might be a way of avoiding really thinking through where you want to be since that arrangement is only going to be idea for a subset of people.  Maybe for some 45 is the breaking point and for others 35 is right or maybe just winging it and leaving after a certain number of things are done is right.  This emphasis on time drops away completely under Results Only Work Environment (ROWE) arrangements, but that leads directly to legal issues because we treat time as sacred no mater how much is spent at the desk or water cooler."}
{"_id": "505172", "title": "", "text": "The answer is mathematics. Let's say you have $100 capital to invest with.. With a mortgage: With a unit trust (assuming you don't put in borrowed money): 5% growth on the property is $25, but a $25 profit on a unit trust requires 25% growth. Well, that's assuming zero interest and zero fees. Let's say interest is 3% but so are trust fees. A property now requires 8% growth for $25 profit in a year, where a unit trust now requires 29% growth for $25 profit. Which one is more likely? The above calculations don't take in to consideration all associated costs and is obviously exaggerated but it shows the answer is not black and white but is instead just mathematics on a bunch of variables. Debt isn't a bad thing so don't be afraid of using debt. With debt you can borrow more to invest. Having a fully paid off house is not a good investment if some of that equity could be earning you more else where (if the math makes sense)."}
{"_id": "505181", "title": "", "text": "You can sue them for damages. It would be hard to convince the court that the drop in the credit score was because of that loan, but not unthinkable. Especially if you sue through the small-claims court, where the burden of proof is slightly less formal, you have a chance to win and have them pay the difference in rates that it cost you."}
{"_id": "505187", "title": "", "text": "Thank you for taking the time to type up what everyone else (rational people) is thinking.  I love your analogy with the faith healers too.  Nowa day workers seem more like they are suppose to be cult members who do back breaking labor (long hour, low/no pay) so their leader can ride around in a limousine and wave at them from time to time."}
{"_id": "505190", "title": "", "text": "There are multiple strategies depending on the message you'd like to send. As far as shopping goes, you can: Claim the spouse will kill you if you buy another X. This works for either gender.  Say that you are saving for some expensive vacation or other item. Go along but just seem lie nothing pleases you, be disinterested. The restaurant thing is tougher, and you might want to just avoid it. Key thing is to say you'd like to get together but after lunch, you don't want the friend(s) to think you are avoiding them. Good luck!"}
{"_id": "505196", "title": "", "text": "This will end badly, the only question is how long it will take. Performing bank transfers is not difficult and there is no way a 3rd party would be paying her large sums of money to perform these transfers unless the purpose was illegitimate and they were taking advantage of her.  In my experience it is as simple as entering the target bank account routing and account #, entering the name (this is not double-checked by the bank to associate with the target account), entering a dollar amount and then agreeing to the terms of the transfer--there are not people out there who have a lot of money but would rather pay somebody $2000+ to do 2 minutes of work in an unofficial capacity instead of just doing it themselves unless they are trying to hide something and/or take advantage of a mark."}
{"_id": "505212", "title": "", "text": "That's fine.  But the point is that he's running for President now, and pointing to his professional success as a reason to vote *for* him.  In fact, his business experience is frequently pointed to, lauding him as a *job creator*, which kind of implies American jobs.  He hasn't used this as a jump-off point to discuss how to avoid furthering this kind of mercenary crap."}
{"_id": "505213", "title": "", "text": "Having a highly liquid emergency fund can lubricate the wheels for disaster recovery.  For example, several years ago I returned from a vacation to discover that, during my absence, a plumbing fixture had broken and my house was flooded. Since we had sufficient liquidity to cover the cost of the repairs in our emergency fund, the insurance company was much easier to deal with, and the relationships between the contractor, bank, and insurance company were much smoother. The bank was able to approve the insurance in minutes versus days. Ironically, we didn't actually have to touch our emergency fund precisely because we had it. Clarification - I make it a point to have no debt."}
{"_id": "505215", "title": "", "text": "Seems like it was written by someone with very little business sense.  We'll that's completely wrong. I would stay if you take your own 2 person  business to 600k revenue in a couple years you would have to have some business sense. Actually this blog is full of all kinds of awesome information."}
{"_id": "505218", "title": "", "text": "\"Most of dentistry is a giant scam.  There is no reason your teeth should rot from your head if you care for them properly.  Picking and poking at them with surgically sharpened steel does not help.  It makes things worse.  Just try to opt out of \"\"the explorer\"\" and see what happens.\""}
{"_id": "505223", "title": "", "text": "In India, in the money options get exercised automatically at the end of the day and is settled at T+1(Where T is expiry day). This means, the clearing house  takes the closing price of the underlying security while calculating the amount that needs to be credited/debited to its members. Source: - http://www.nseindia.com/products/content/derivatives/equities/settlement_mechanism.htm"}
{"_id": "505238", "title": "", "text": "This is a great answer.  It's worth noting that often internal charging is commonly an issue in less clear cut situations like IT departments charging for their services - there is much less of an 'real' value that they could charge for their services to the outside world (as it is an internal service not a physical product that is relatively liquid), yet their chargeable costs gets inflated and can slow down businesses by making projects seem more expensive than they are. I would describe that as one of the most common gripes.  Also I'd argue that your latter scenario where profits are shifted around to reduce tax bills IS well understood by the top of the business, and unlikely to create a situation where divisions are mistakenly regarded as unprofitable (unless the CFO / FD is missing from all the board meetings!). It's a situation that is carefully designed by the business."}
{"_id": "505244", "title": "", "text": "\"- In a quote driven market, must every investor trade with a market        maker? In other words, two parties that are both not market makers        cannot trade between themselves directly? In a way yes, all trades go through a market maker but those trades can be orders put in place by a \"\"person\"\" IE: you, or me. - Does a quote driven market only display the \"\"best\"\" bid and ask        prices proposed by the market makers? In other words, only the        highest bid price among all the market makers is displayed, and        other lower bid prices by other market makers are not? Similarly,        only the lowest ask price over all market makers is displayed, and        other higher ask prices by other market makers are not? No, you can see other lower bid and higher ask prices. - In a order-driven market, is it meaningful to talk about \"\"the current stock price\"\", which is the price of last transaction? Well that's kind of an opinion. Information is information so it won't be bad to know it. Personally I would say the bid and ask price is more important. However in the real world these prices are changing constantly and quickly so realistically it is easier to keep track of the quote price and most likely the bid/ask spread is small and the quote will fall in between. The less liquid a security is the more important the bid/ask is. -- This goes for all market types. - For a specific asset, will there be several transactions happened at    the same time but with different prices? Today with electronic markets, trades can happen so quickly it's difficult to say. In the US stock market trades happen one at a time but there is no set time limit between each trade. So within 1 second you can have a trade be $50 or $50.04. However it will only go to $50.04 when the lower ask prices have been exhausted.   - Does an order driven market have market makers?  By definition, no. - What are some examples of quote driven and order driven financial markets, in which investors are commonly trading stocks and derivatives, especially in U.S.? Quote driven market: Bond market, Forex. Order driven market: NYSE comes from an order driven market but now would be better classified as a \"\"hybird market\"\" Conclusion: If you are asking in order to better understand today's stock markets then these old definitions of Quote market or Order market may not work. The big markets in the real world are neither. (IE: Nasdaq, NYSE...) The NYSE and Nasdaq are better classified as a \"\"hybird market\"\" as they use more then a single tactic from both market types to insure market liquidity, and transparency. Markets these days are strongly electronic, fast, and fairly liquid in most cases. Here are some resources to better understand these markets: An Introduction To Securities Markets The NYSE And Nasdaq: How They Work Understanding Order Execution\""}
{"_id": "505245", "title": "", "text": "When shipping is charged, it's often a profit center, however. At my old place of work, even a reasonable 10$ shipping charge on a small sized item would yield better profit then the item itself and it's atrocious margin (3-10%).      Large enough outfits negociate truly mind boggling deals with the delivery companies. Since we had a truck basically parked out back for most of the day constantly being filled with outgoing orders, it cost significantly less for them to ship our stuff then usual and the savings were passed on. This got even more ridiculous when we got to drop ship items from our suppliers, but still charged the customer for shipping."}
{"_id": "505287", "title": "", "text": "In general you need to ask yourself how serious you are about tracking your finances.  If your GNUCash 'cleared' balance doesn't match your statement, it represents an error on either your part or much less likely the banks part.  Tracking down this error might be a real pain, but you will also likely learn from it.  So to answer your question - find the entry or entries that don't match and fix them.   That said, sometimes indeed this can be very tedious, time consuming and frustrating, especially if it is for a relatively small dollar amount.  Time too is money, so in these cases, the 'Expense:Adjustment' might be a reasonable approach."}
{"_id": "505331", "title": "", "text": "Amazon to Buy Whole Foods for $13.7 Billion - Whole Foods will continue to operate stores under its brand.  By Austen Hufford - Jun 16, 2017 - Bloomberg News  Amazon.com Inc. said it would buy Whole Foods Market Inc. for $13.7 billion as the giant internet retailer makes a deeper push into the grocery space.  Amazon AMZN, +3.16%  will pay $42 a share for Whole Foods WFM, +29.11% valuing the grocer at a 27% premium to its closing price Thursday.  The deal is expected to close in the second half of this year.  Amazon\u2019s move tanked the stocks of grocery competitors as investors worried that Amazon could do to grocery the same as it did to booksellers.  Kroger Co. shares KR, -11.56%  fell 14%, Target Corp. shares TGT, -7.63%  fell 12%, Supervalu Inc. shares SVU, -12.77%  fell 19%, Costco Wholesale Corp. shares COST, -6.51%  fell 6.2% and Wal-Mart Stores Inc. shares WMT, -5.15%  dropped 5.8%.  Amazon\u2019s move into the grocery business comes at a time of change in the industry.  Consumers are buying more of their groceries outside of traditional supermarkets.  Online merchants, discounters and meal-kit delivery services are all grabbing market share.  At the same time, a global commodity glut has pulled down prices for many staple foods over the past 18 months, putting pressure on many retailers to lower prices.  An expanded version of this report appears at WSJ.com.  http://www.marketwatch.com/story/amazon-to-buy-whole-foods-for-137-billion-2017-06-16-91035726"}
{"_id": "505334", "title": "", "text": "First off how do you know if they are indeed a scammer? What can they really do with that? Well it depends on the scammer's skill and sophistication. Ideally with your name and address, they would probably send you mail that attempts to scam you. For example, they might send you a check but will require you to do something in order to receive that money. If this scammer is very sophisticated they can get your life's story with that information alone."}
{"_id": "505341", "title": "", "text": "Normally you could either head down to the office supply store and pick up a copy of a tax program, or you could head over to the IRS office and pick up the instructions and forms. However, in your case you should be talking to a tax lawyer.  The unfiled taxes are bad enough but you own a business outside the USA and most likely have bank accounts also.  That brings you into the realm of FATCA."}
{"_id": "505351", "title": "", "text": "Very wealthy people usually have an investment manager who is constantly moving money between investments and accounts. They hold cash (or cash equivalent) accounts for use in a near-term buying opportunity, for example if they believe certain stocks will go down in price soon. This amount can vary from under 1% (for a money manager with no intention of any short-term trading) to over 20% (for a market pessimist who expects a huge price reduction shortly).  In rare cases they will also hold significant cash because of a planned large purchase, but there's almost never a reason for that to exceed 1% of their net worth."}
{"_id": "505361", "title": "", "text": "I use QuickBooks online... It's really the best out there for the price, just make sure to never upgrade to an edition you aren't 100% sure you need or you're forever stuck essentially. That's the mess I'm in right now. Paying $20 more than necessary a month, but it's still cheaper than switching to, say, xero. The starter edition of QuickBooks online is a lot more powerful than the equivalent plans anywhere else for the price."}
{"_id": "505362", "title": "", "text": "I currently do not have an IRA (other than a rollover IRA from my 401k from a previous employer) The source is irrelevant. You have an IRA.  The reason to keep contributing is that at some point, you might transfer the pretax dollars into a 401(k) and the post tax dollars can be converted to Roth.  Other than the above, investing in a standard brokerage account (a non-retirement account) has its positives. Gains can see long term cap gain treatment, and the assets see a step-up in basis when you die."}
{"_id": "505369", "title": "", "text": "\"Because it was never about what's in it.  It was \"\"outrage journalism\"\" against something fairly innocuous.  The story was \"\"Moms!  Look at this gross thing they're feeding your kids!\"\"  I'm all about knowing what is in your food.  This was completely innocuous though. 700 people lost their jobs and a person's company and life's work was nearly destroyed.  http://time.com/5978/one-year-later-the-makers-of-pink-slime-are-hanging-on-and-fighting-back/  That is not OK.\""}
{"_id": "505377", "title": "", "text": "Microsoft wouldn't let computer manufacturers sell Windows licenses if they also sold other operating system licenses.  With their aggressive sales team, that was the death knell for BE/OS and OS2/Warp which got shoved into PBX software vertical market."}
{"_id": "505379", "title": "", "text": "\"&gt; If the only function of the stock market is investment and provide capital to companies, why have a secondary market at all?  &gt; Maybe we shouldn't, I don't know  Are you (and the 8 upvoters) for real? What do you think would happen to the \"\"primary\"\" market if initial investors had no way of converting their investments back into currency when they needed to? Seriously, this isn't fucking [rocket surgery](http://www.youtube.com/watch?v=THNPmhBl-8I).\""}
{"_id": "505391", "title": "", "text": "&gt;irrelevant language lawyer skipping the whole point.  Hon, you're the one who is likening the situation to utilities and to people dying. Those are irrelevant to the point of uselessness, which is why you're not getting anywhere in this thread. You haven't made a single coherent argument that is actually relevant to what's happening.  &gt;You're out of your element.  Ironic, coming from the person who didn't answer my long comment about credit card processing once I mentioned I work in the industry and put a lot of information.."}
{"_id": "505400", "title": "", "text": "glass steall is one.  getting rid of glass stegall meant commercial banks could create iou money irresponsibly through loaning and sell the loan to wall street speculators.  This drives up assets to bubble prices.  Inflation for all."}
{"_id": "505405", "title": "", "text": "It would seem to be in your best interest to file, and that probably means that you should do all you can to get your documents back.  If you are in fact owed a refund then there is apparently no penalty to filing late.  If you instead owe taxes, you better file in any case since the fees stack up pretty fast: 5% per month after the due date up to 25% of the taxes owed."}
{"_id": "505410", "title": "", "text": "If you enter a futures contract, it costs nothing.  So every time prices move against you, there is a margin call and you must put up some new money. Inverse ETF's use a variety of similar strategies to get their returns.  Many of these strategies may indeed require a margin call to the ETF issuer if prices move against you.  But remember the ETF did not cost nothing.  Investors contributed money in order to purchase each share of the ETF.  Therefore the ETF issuer has a big pot of money available for use as margin.  That's why the margin call never comes through to you. In a sense, you posted a ton of margin up front, so you won't have to make any additional margin contributions.  The money that will be used for margin calls is being kept in treasuries and money market securities by the ETF issuer until it's needed. If prices move against you badly enough that it looks like the ETF is at risk to not be able to post margin, the ETF would liquidate and you'd get whatever pittance was left after they exit all those positions."}
{"_id": "505418", "title": "", "text": "I saw an article a while back that talked about how kids wrote in secret code on their Facebook walls in order to prevent their parents from seeing their true messages.   I feel like Facebook is becoming the next Yahoo where they have a lot of users but it's mostly older people who don't know there are better places out there to find information."}
{"_id": "505461", "title": "", "text": "\"You state \"\"Any info will be appreciated\"\", so here's some background information on my answer (you can skip to my answer): When I worked for banks, I was required to submit suspicious activity to the people above me by filling out a form with a customer's name, SSN, account number(s) and ID.  You may hear in media that it is $10K or sometimes $5K.  The truth is that it could be lower than that, depending on what the institution defines as suspicious.  Every year we were required to take a \"\"course\"\" which implied that terrorists and criminals use cash regularly - whether we agree or disagree is irrelevant - this is what the course implied. It's important to understand that many people use cash-only budgets because it's easier than relying on the banking system which charges overdraft fees for going over, or in some cases, you pay more at merchants because of card usage (some merchants give discounts for cash).  If someone has a budget of $10K a month and they choose to use cash, that's perfectly fine.  Also, why is it anyone's business what someone does with their private property?  This created an interesting contrast among differently aged Americans - older Americans saw the banking system as tyrannical busybodies whereas young Americans didn't care.  This is part of why I eventually left the banking system; I felt sick that I had to report this information, but it's amazing how quick everyone is to accept the new rules.  Notice how one of the comments asks you what you intend to do with the money, as if it's any of their business.  Welcome to the New America\u00a9! My answer: If you withdraw $100,000, here is what will more than likely happen: Now, watch the anger at this answer because I'm telling you the truth.  This article will explain why.  Your very question had a negative 1, as if asking what you're asking is wrong (see the absurdity)!  If Joseph Stalin ran for president in the United States, the majority of Americans would welcome him.  You have good reason to be concerned; others at this site have noticed this as well.\""}
{"_id": "505467", "title": "", "text": "If everyone bought used cars, who would buy the new cars so that everyone else could buy them used? Rental car companies? Your rant expresses a misunderstanding of fundamental economics (as demand for used cars increases, so will prices) but economics is off-topic here, so let me explain why I bought a new car\u2014that I am now in the 10th year of driving. When I bought the car I currently drive, I was single, I was working full-time, and I was going to school full-time. I bought a 2007 Toyota Corolla for about $16,500 cash out the door. I wanted a reliable car that was clean and attractive enough that I wouldn't be embarrassed in it if I took a girl out for dinner. I could have bought a much more expensive car, but I wanted to be real about myself and not give the wrong impression about my views on money. I've done all the maintenance, and the car is still very nice even after 105K miles. It will handle at least that many more miles barring any crashes. Could I have purchased a nice used car for less? Certainly, but because it was the last model year before a redesign, the dealer was clearly motivated to give me a good deal, so I didn't lose too much driving it off the lot. There are a lot of reasons why people buy new cars. I didn't want to look like a chump when out on a date. Real-estate agents often like to make a good impression as they are driving clients to see new homes. Some people can simply afford it and don't want to worry about what abuse a prior owner may have done. I don't feel defensive about my decision to buy a new car those years ago. The other car I've purchased in the last 10 years was a four year old used car, and it certainly does a good job for my wife who doesn't put too many miles on it. I will not rule out buying another new car in the future either. Some times the difference in price isn't significant enough that used is always the best choice."}
{"_id": "505473", "title": "", "text": "\"No, the best you can do is (probably) determine the bank, from the sort code. using an online checker such as this one from the UK payments industry trade association. Revealing the name of an account holder is something the bank would typically require a warrant for, I'd expect, or whatever is covered in the account T&Cs under \"\"we provide all lawfully required assistance to the authorities\"\" Switching to what I suspect is your underlying problem - if this is a dispute that's arisen at the end of your tenancy, relating to the return of the deposit, then there are plenty of people to help you, for free. Use those rather than attempting your own detective work. Start with the UK government How to Rent guide, which includes links on to Shelter's pages about deposits. The CAB has lots of good info here too. Note that if your landlord didn't put your deposit in a deposit protection scheme, then as a professional landlord they could be penalised four times (I think) the deposit amount by a court, so stick to your guns on this.\""}
{"_id": "505474", "title": "", "text": "\"A bank may not like loaning money to you for this. That is one snag. You listed 500,000-600,000$ for a monster of a house (3000 sqft is over three times the average size of homes a hundred years ago). Add in the price of the land at 60K (600K divided ten ways). Where I live, there is a 15% VAT tax on new homes. I can't find out if California imposes a VAT tax on new homes. Anyway, returning back to the topic, because of the risk of loaning you 660K for a piece of land and construction, the bank may only let you borrow half or less of the final expected cost (not value). Another huge snag is that you say in a comment to quid \"\"I came up with this conclusion after talking to someone who had his property built in early 2000s in bay area for that average price\"\". Let's apply 3% inflation over 15 years to that number of 200$/sqft. That brings the range for construction costs to 780K-930K. Even at 2% inflation 670K-810K. Edit: OP later expanded the question making it an inquiry on why people don't collaborate to buy a plot of land and build their homes. \"\"Back in the day\"\" this wasn't all that atypical! For example, my pastor's parents did just this when he was a young lad. Apart from the individual issues mentioned above, there are sociological challenges that arrive. Examples: These are the easy questions.\""}
{"_id": "505484", "title": "", "text": "\"Yes these are the number of shareholders that are not held in \"\"street name\"\" plus the different brokerages that hold the shares in \"\"street name\"\".  So the stat is pointless since it really only lists the few people who own the stocks outside of a brokerage account and a bunch of wall street brokers.\""}
{"_id": "505492", "title": "", "text": "\"Add me to the circle too. My yearly \"\"merit\"\" raise is my COLA raise and getting training funds to attend a recertification class or conference is like asking for money to go to Mars. They'll drop $50 on a refresher CBT no questions asked though.\""}
{"_id": "505499", "title": "", "text": "I'm at our Localbee's for very specific reasons. Not the least of which is that it does monster business, the GM has been there for 20 years and has one of the best kitchen managers I've ever worked with.   People keep saying the food sucks and is too expensive (burgers are $10-12 btw not $12-$15 and not counting $6.99 Burger Monday) but I still say the food's only as good as the people cooking it. And the good people are really hard to find."}
{"_id": "505509", "title": "", "text": "The principle behind the advice to not throw good money after bad is better restated in economics terms: sunk costs are sunk and irrelevant to today's decisions.   Money lost on a stock is sunk and should not affect our decisions today, one way or the other.  Similarly, the stock going up should not affect our decisions today, one way or the other.  Any advice other than this is assuming some kind of mispricing or predictability in the market.  Mispricings in general cannot be reliably identified and stock returns are not normally predictable. The only valid (efficient markets) reason I know of to allow money you have lost or made on a stock to affect your decision today is the tax implications (you may want to lock in gains if your tax rate is temporarily low or vice versa)."}
{"_id": "505526", "title": "", "text": "\"Good strategy for a start. I think Milo is nearly done right now being \"\"famous\"\" or \"\"productive\"\". He's for sure taken a backburner to the presidency so even if he came with something more outrageous most people are focused elsewhere. Also people have gotten tired of his BS so publishers aren't picking him up and schools aren't allowing him to speak. Yes it creates a scene but now the scene is more legal,  not riots with big news coverage.\""}
{"_id": "505540", "title": "", "text": "http://www.economist.com/node/654077  There is a strong correlation but it is not a perfect one. Only 4% of dynasties survive 4 generations.   John Rockefeller was a rich man and his descendants are paupers.   https://www.earlytorise.com/how-the-worlds-richest-family-went-broke/  The father builds, the son maintains, the grandson destroys."}
{"_id": "505553", "title": "", "text": "While the US tax code does not directly impose an obligation to pay estimated taxes, it does impose a penalty on individuals for failure to pay enough taxes either through withholding or estimated tax. USMTG Anyone can choose how s/he wants to pay their taxes but they better deal with any consequences of not paying them instead of just complaining about it like most people do. Most people get the hatred towards the IRS but most complaints are misdirected and should be directed towards Congress who creates and messes around with the US Tax Code. Some people actually do not make estimated payments and pay any possible taxes with their returns knowing that there may be underpayment penalty. For those people, the penalty is relatively small compared to what they can do with the cash over a year's time (i.e. investing or paying down debt). It's their choice!"}
{"_id": "505554", "title": "", "text": "Low volatility trading tends to be a hallmark of the late summer as Wall Street by and large goes on summer vacation. When all those traders and hedge fund managers return to work full-tilt in September,  the market tends to become more volatile - either upwards or downwards. If you are wondering why these months have been particularly poor relative to others, than I don't think anyone knows the reason why."}
{"_id": "505557", "title": "", "text": "&gt;I'm saying in a public context, your consensus mechanism is either proof of work or proof of stake,  and both require a blockchain native currency.   There are other proofs, such as proof of service and proof of authority. The former also requires a cryptocurrency. The latter does not - by requiring that you trust the eligible authorities."}
{"_id": "505559", "title": "", "text": "That's assuming the assets are owned by American taxpayers (investors are more and more international), and that the tax will be paid; the big players (hedge funds, pension funds, corporations owning large chunks of other companies, UHNWI) won't.   I can only imagine that in his dictatorial mind, the government somehow owns these companies... He might actually start worrying his fans by sounding like a communist!"}
{"_id": "505562", "title": "", "text": "I don't know that.  I know mine has a great mobile app where I can deposit a check online.  And all the smaller banks I've seen dont build their own sites or apps, they white label generic ones from common vendors."}
{"_id": "505580", "title": "", "text": "In planning to buy a house, and sort out how to handle the costs of some initial renovations, I've been considering using Lowes and Home Depot credit cards (hopefully this will count differently than the typical credit cards I think you're referring to): http://www.homedepot.com/webapp/wcs/stores/servlet/ContentView?pn=Credit_Center&langId=-1&storeId=10051&catalogId=10053 http://www.lowes.com/cd_Credit+Card+Accounts+from+Lowes_781778798_ You should definitely read the fine print first, as the interest rates can shoot up after the first 6 months if you don't pay the balance in full on some of them. Also, Lowes has a project card that gives you the 6 month no interest (only a minimum payment), and you don't have to pay off the full balance at the end.  This one even has more reasonable rates, so this could be a good way to go."}
{"_id": "505587", "title": "", "text": "Lyft doesn't encourage you to sit in the front anymore and it's been that way for a while. Also many drivers drive for both. I like Lyft (used them consistently for 3 years) but I'm a sucker for SPG points so Uber it is."}
{"_id": "505592", "title": "", "text": "\"Of course! The Marshall plan helped, but if you check, it was a very small amount compared to the billions wasted today on \"\"nation building\"\" in countries that there's zero chances they will or are willing to build their nation.\""}
{"_id": "505597", "title": "", "text": "\"The iShares Barclays Aggregate Bond - ticker AGG, is a ETF that may fit the bill for you. It's an intermediate term fund with annual expenses of .20%. It \"\"seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays Capital U.S. Aggregate Bond Index\"\"\""}
{"_id": "505600", "title": "", "text": "&gt;Correct. However, consumers do want to have a conversation with employees who do give a damn.  This is true, but that's not something I associate with Foot Locker. I have a couple of local shops that I associate with that kind of advice and they're usually busy. Foot Locker either needs to stay price competitive with online direct sales, or improve their staff training so that people want their advice."}
{"_id": "505608", "title": "", "text": "You can create a PIN to file electronically at the link below: http://www.irs.gov/Individuals/Electronic-Filing-PIN-Request  Perhaps for the first issue, are all boxes and lines filled out correct? Did you correctly add your W2?"}
{"_id": "505611", "title": "", "text": "This will probably require some explanation from you on the source of the money and the reasons for the transaction. Cash transactions over $10k will be reported by the bank (in this case) on a CTR report to FinCEN. Keep in mind, mere breaking the transaction into multiple smaller ones in order to avoid the CTR is on its own a criminal offense. Just deposit what you want to deposit, and report what's needed to be reported. Note that if you're a US tax resident - these foreign bank accounts must have been reported already to FinCEN via FBAR, if not - you should expect a very nasty audit with the IRS."}
{"_id": "505617", "title": "", "text": "Be sure to consider the difference between Roth 401K and standard 401K. The Roth 401K is taxed as income then put into your account. So the money you put into the Roth 401K is taxed as income for the current year, however, any interest you accumulate over the years is not taxed when you withdraw the money.  So to break it down: You may also want to look into Self Directed 401K, which can be either standard or Roth. Check if your employer supports this type of account. But if you're self employed or 1099 it may be a good option."}
{"_id": "505630", "title": "", "text": "As an option?  Isn't it already an option?  I mean, I could have sworn I have some apps set that way in my iPhone right now.  Maybe they're switching things to that being the default setting applied when an app requests your location?  My assumption is that currently it applies the Always option when an app asks for your location the first time ... and then you have to go into privacy settings to downgrade it to only when using app.  This might flip that logic - which would be a good idea IMO."}
{"_id": "505673", "title": "", "text": "Unfortunately, the money that is not vested is not yours.  It belongs to your employer.  They have promised to give it to you after you have been with the company for a certain length of time, but if you aren't still with the company after that time, no matter what the reason, the money never becomes yours. Sorry to hear about this.  It would have been nice if your company had waived the vesting requirement like this guy's employer did, but I don't think they are required to do so, unfortunately. If it's a lot of money, you could ask an attorney, but as @JoeTaxpayer said, AT&T and IBM probably know what they are doing."}
{"_id": "505678", "title": "", "text": "\"HypoVereinsbank (member of UniCredit group), a few savings banks (\"\"Sparkasse\"\") and VR Banks offer cash (bill) deposit machines.  However, it can take a few business days until the deposit is credited to your checking account, which has to be with the same bank. Google for \"\"Bargeldeinzahlungsautomat\"\" (=cash deposit machine). As Duffbeer stated correctly, HSBC Trinkaus which is the German arm of the HSBC group does not operate any ATMs in Germany. In addition they do not share the same bank accounts. So I would recommend going with the classic banks mentioned above.\""}
{"_id": "505692", "title": "", "text": "Assuming you are Resident Indian. As per Indian Income Tax  As per section 208 every person whose estimated tax liability for the year exceeds Rs.   10,000, shall pay his tax in advance in the form of \u201cadvance tax\u201d. Thus, any taxpayer   whose estimated tax liability for the year exceeds Rs. 10,000 has to pay his tax in   advance by the due dates prescribed in this regard. However, as per section 207, a   resident senior citizen (i.e., an individual of the age of 60 years or above) not having any income from business or profession is not liable to pay advance tax.   In other words, if a person satisfies the following conditions, he will not be liable to pay advance tax:   Hence only self assessment tax need to be paid without any interest. Refer the full guideline on Income tax website"}
{"_id": "505694", "title": "", "text": "Look at the how the income statement is built. The stock price is nowhere on it. The net income is based on the revenue (money coming in) and expenses (money going out).  Most companies do not issue stock all that often. The price you see quoted is third parties selling the stock to each other."}
{"_id": "505729", "title": "", "text": "In this time of relentless competition where a number of organizations are attempting to make their presence and quality felt, having an edge over your rivals is tremendously basic for survival. Business visionaries are very much aware of the cost ramifications of maintaining a business. For them who are hoping to take their new business to the market, the most extreme cost is the underlying set up. Besides this there are other running costs that can really make them insane"}
{"_id": "505735", "title": "", "text": "I agree I made my example very simplistic and other more sophisticated methods can be employed.  I was just trying to create simple illustration that these laws can be (and are) abused.  I don't believe BK laws were originally intended (the Spirit of the Law) for these mechanisms.  While not illegal I do think it's unethical."}
{"_id": "505740", "title": "", "text": "Yes. Using debt appropriately is a huge part of what's called optimal capital structure theory in the finance world. Debt is generally cheaper than equity financing due to the tax deductibility of interest and using it appropriately can really juice the profitability of a business as long as the rate of return on equity in the business exceeds the interest rate on the debt."}
{"_id": "505753", "title": "", "text": "I disagree. We had significantly less debt during the opening stages of WWII than we have now. I have no doubt that if we had more debt back then it would have factored into our contribution to the war effort, just as our current level of debt is factoring into our contribution to the powder keg sh*t basket that is the middle east right now.  That's my point! You can't create infinite money, so if you've already created a crap ton of money, it will affect your decision to create another crap ton of money!  Idk whether it's a straw man or not but we both think the govt can do more. If you disagree with me that there are limits to how much the government can spend, then I am just at a loss, honestly. I want to know, concretely and in precise terms, what the limits are in real time so that we can adjust our policy response accordingly"}
{"_id": "505761", "title": "", "text": "Just type in the forms as they are, separately. That would be the easiest way both to enter the data without any mistakes, and ensure that everything matches properly with the IRS reports."}
{"_id": "505763", "title": "", "text": "Because people trade currency in exchange for goods and services. They can easily prevent competition by violent means or by having control of the market through market share. Price can be controlled by the threat of super low prices in order to drive out competing businesses."}
{"_id": "505770", "title": "", "text": "WSJ reported they bought them through a broker, the seller was the central bank. The central bank also reported a $700m increase to its USD holdings shortly after. Whether GS knew that the seller was the central bank or not is another question entirely, one that their compliance department is reportedly looking in to."}
{"_id": "505773", "title": "", "text": "Reg. tripling subscriber base. Foreign markets: we here in Israel got Netflix last year with very limited content. All the content that was already marketed by our existing cable companies was blocked. I believe there is lots of room to grow here. Of course, we are  a small country but we also represent lots of other countries...."}
{"_id": "505850", "title": "", "text": "An air condition installation that is performed skillfully and accurately will guarantee that the framework fills in as it's composed and will keep going as far as might be feasible with minimal ongoing maintenance costs and nothing unexpected repairs. Find why having an expert do this for you can be beneficial from various perspectives."}
{"_id": "505854", "title": "", "text": "Unfortunately economics (and accounting for that matter) won't help much with being an entrepreneur.  The main thing you need to focus on is cash generation - you need to maximise this. There are 2 aspects: revenue and costs.  You need to plot these over the last 5-10 years to see trends.  What is happening to revenues Are they growing with inflation?  If not, why not?  Is it because people are buying online?  Is it because the products are not fashionable? Is it because people simply buy less jewelry these days?  Have the cost of the products gone up but the shop hasn't increased prices (i.e. gross margin contraction).  Decreasing gross margin could also be an indicator that someone is stealing from the business.   What about the overhead costs of running the business?  What has happened to rent, salaries, insurance?  Look for any unusual trends.    In summary: first you need to identify where the problem is, and to do this you need to look at the trends of revenues and costs (break costs down into categories)."}
{"_id": "505865", "title": "", "text": "Okay. They're faster than most other computers. They either have a dedicated fiber line or are physically closer.  But anyways, they flood the NYSE with tons of orders to slow it down. So they see another broker's order in the line up and delete the bogus orders. They can then make the purchase faster than the other guy. The other guy now has to pay a higher strike price than he initially thought the bid would be.   So let's say Apple's quote is 1.00  They send one order for apple  One for IBM  One for Yahoo  One for NBC Comcast  They see another guy wants Apple. So they cancel the orders for IBM, Yahoo and NBC Comcast and leave the Apple one to complete. The Apple one goes through and then they automatically resell it to the guy looking to buy Apple at a price of 1.0001  TLDR  They flood a bunch of orders at a bunch of different prices/quantities. They cancel before it goes through unless they see someone else wants it. If that person wants it they don't cancel.  edit: I don't even know if all or any of those stocks are listed on the NYSE. In today's world it doesn't make a difference anymore. However, replace NYSE with any exchange and the stock with any ticker symbol.  edit 2: They could also manipulate cross listing. Listing the same stock on two different exchanges. Those prices are mostly uniform but of course higher volume on one could mean a higher price on one before they stabilize. So if you can move fast you can buy the stock at the lower price and sell it on the exchange with the higher price."}
{"_id": "505884", "title": "", "text": "Forgive me if I was not clear enough. I'm saying it should never be forced on a non business entity via contract or any other means. However, it can be a valid tool between businesses, and there may be cases where it is preferable (advantageous in some way to the non business entity) to bring the case to arbitration. That is why I am hesitant to outright ban it (it be arbitration)."}
{"_id": "505892", "title": "", "text": "Foot &amp; Ankle PRP therapy has shown promising results when injected into injured tendons and when proper healing does not take place. To know more about Medical for PRP Injection Therapy or book an appointment with our experts or Contact at: 305-695-7777."}
{"_id": "505900", "title": "", "text": "While I do legitimately appreciate your sentiment, I think that in consideration of the larger context of evidently widespread corruption, it is fair to be frustrated at certain kinds of madness. There is sometimes a reason for it, and most executives are in fact highly intelligent people. But we can't help but wonder how much ill could be avoided if it weren't for some greedy or careless individuals, as the case may be."}
{"_id": "505936", "title": "", "text": "When I read Lukacko's comment, I assumed he was referring to the managers of the (failed) big banks as being unproductive, nowhere did I see him claim the poor were at fault.  Obviously, one of us is misreading his comment. I suspect it's you.  You see, the managers of the big banks failed. The Government responded by throwing money at them. They are *still* failures. They are *still* losing money (see: JPMorgan). Throwing money at them didn't solve a damn thing, did it? It only made the problem worse."}
{"_id": "505943", "title": "", "text": "As to the rollover question.  Only rollover to a ROTH if you have other funds you can use to pay the taxes you will be hit with if you do that.  DO NOT pay the taxes out of the funds in the 401k. If you don't have a way to pay the taxes, then roll it to a traditional IRA.  You never want to pay the government any taxes 'early' and you don't want to reduce the balance. beyond that, A lot depends on how long you figure you will be with that company.  If it's only a few years, or if you and other employees can make enough of a fuss that they move the fund to someplace decent (any of the big no-load companies such as Vanguard would be a better custodian), then I'd go ahead and max it out. If you figure to be there for a long while, and it looks like someone is in bed with the custodian and there's no way it will be changed, then maybe look to max out a Roth IRA instead."}
{"_id": "505953", "title": "", "text": "If you are downloading the app from legit stores [Apple store, Google Play], then it is fine. Adidas is indeed running a campain to get more users download the app and get exclusive shoes that they don't intend to sell in retail market. The adidas strategy seems to make the product exclusive and available only to individuals. Note you have to be in person and show photo ID at the adidas retail outlet, pay and pick-up the shoes. One can only register once per phone number. The reservation is random, first come first reserved. The person on facebook is trying to circumvent this by having quite a few people download the app and book. He is then looking at buying this from you. Not sure what would the price of shoes be and is the 350 EUR in addition to the price of the shoes that you need to pay the store. I couldn't find about Paris, but there were similar campaigns in US last December. WHY DO I HAVE TO REGISTER IN THE CONFIRMED APP? In order to have a   chance to get a reservation through adidas Confirmed you need to sign   up in the app. If you are able to get a reservation, we will use this   information (plus your photo ID) to verify your identity when you pick   up. WHAT ARE THE STEPS TO MAKE A RESERVATION?   STEP 1: Create an account in the app, verify through SMS, and enable location services and push notifications.   STEP 2: Follow @adidasoriginals on Twitter to learn when reservations open.   STEP 3: Once the reservation period begins, open the app and navigate to a product page to select your size and confirm your reservation. You must be located within New York City, Chicago, or Los Angeles areas to participate.   STEP 4: If you get a reservation within adidas Confirmed you will receive a retail location and timeframe for pickup within the app.   STEP 5: Go to the designated location to complete purchase and receive product."}
{"_id": "505954", "title": "", "text": "\"It seems like a more commonly recurring issue on Reddit that people are referencing logical fallacies without really understanding them.  For reference: ad hominem attacks are personal attacks. They are person specific. You cannot make an ad hominem attack against a group of people, such as the poor.  Straw man attacks are when an argument is changed to something that it is not and then beaten down. It skews the topic at hand to something it is not.  When I make an assumption, clearly state it, and then ask a question based on it with the words \"\"if yes\"\", it is not a straw man by any definition. I was attempting to expand the argument to see how you view the rich vs. poor because the vast majority of arguments in favor of helping the poor come with the caveat that the rich should pay that price. A higher minimum wage is an example of that. Those greedy business owners need to pay it, am I right??  I would suggest that you do not refer to these logical fallacies until you fully understand them.  &gt;paint me as some guy that just \"\"doesn't understand how the real world works.\"\"  This is basically the problem with your source, your arguments, and your personal position. You mention that you worked through high school and college. You didn't mention managing people, but even if you did I would be surprised if you managed long-term minimum wage transients. The kind of people who never rise above it. The majority of the workers around you probably were doing much what you did: using the job as a stepping stone.  Your source mentions most people are \"\"willing to work\"\", yet states that 46% are child care workers and 48% are home care workers. Do you know why? The government will pay relatives who get a simple home health care provider license to care for relatives who are on Medicare. Thus, their grandma requires \"\"care\"\" and their daughter or grandchildren provide said care for a fee paid by the government. The US government is literally paying people to take care of their family. It is relatively the same with child-care. It's disgusting.  That article is making the argument that they want to work. I don't think taking a part-time job caring for your family denotes a will to work. I build low-income housing. I actually deal with the tenants who do this kind of work on a personal level. You could not convince me that a 26 year old with two kids from two different fathers who on occasion provides \"\"care\"\" to their family members has a will to work. I see their daily lives. How does the government even check to see if the care is being provided? Is grandma going to lie? Nope...  I can assume that you don't manage minimum wage employees because it is nearly impossible. Good labor refuses to work at that price. The market is much higher. Depending on the job it is usually double or triple. The cleaning guy at my apartment building makes $12 an hour. I've paid minimum wage. The only people I pay that are day laborers, most of which have serious problems in their lives and even then it usually is more. Hell, I've seen a guy from the neighborhood pay as low as $25 a day to people looking for a fix.  You are constantly arguing that I look down on these people. It's not entirely wrong, but it's not about the wage. I am very friendly with the staff at the local McDonalds in one of the ghettos of Houston. The manager is a really nice guy. I asked him why certain positions kept turning over. He complained that it was hard to find people and he kept having employees no-show. This is minimum wage and they can't even show up. Do you really believe that people want to work when simple positions that require no skill cannot be filled?  You make it seem as though I am assuming the worst. It's quite the opposite. I am incredibly optimistic and giving, but with many people in the US it doesn't matter. You just don't see it on the day to day. You read a study that is incredibly biased and take it to the grave. There are many, many people in the US who do not want to work. They rely on government subsidies and refuse to improve their own lives. It will always happen, it's just a matter of what the government will try to do about it next.  *I forgot to mention. Houston has built more homes in the last 5 years every year. Houston almost built more single-family homes than the entire state of California in the year 2014. Thus, my painter is leaving one of the largest construction markets in the US to go to Seattle because he can't find people to paint a building.\""}
{"_id": "505957", "title": "", "text": "I assume you're posting like an asshole because you've recently lost weight, and there's some sort of psychological consistency thing going on. Did you read the article, you should be aware that you're likely going to feel as if you're starving for several years at best.   For example - many years ago I too lost significant weight (~70 lbs), and kept it off for a long time. Once I assumed I was in the clear a couple of years later and stopped tracking my diet, it slowly started creeping back (maybe +5 lbs/year, almost imperceptible). I find nowadays that if I don't log literally everything that goes into my mouth and weigh myself daily, I inevitably gain weight. That was a lesson that was not easy to learn, and is not part of any diet program I've ever heard of.  Point is - you don't know what you're talking about until you've kept significant weight off for a couple of years. In the mean time, you should chill the fuck out, because when you have a better perspective your current attitude will seem embarrassingly stupid."}
{"_id": "505959", "title": "", "text": "\"Yes. The US Mint has a deal where you can buy dollar coins for face value, free shipping and can charge them to your card. They come in small boxes of 10 x $25 rolls of coins. I'm sure your landlord will be happy to accept cash for the rent.  Upon further reflection you spelled it \"\"cheque\"\" which means these coins are not legal tender for you. You might want to add your country to the tags.  Note: This 'deal' is no longer available. It was (mis)used to get points/miles on credit cards, and the coins deposited at the bank. There's now a premium to buy the coins on line.\""}
{"_id": "505977", "title": "", "text": "I'm not familiar with QQQ, but I'm guessing this is something like IShares Ftse 100 (see description here)"}
{"_id": "505991", "title": "", "text": "\"You have to read basically the whole article to find out how this actually works: \"\"The \u201cfull faith and taxing power\u201d of communities, a solemn pledge, was being used to guarantee revenue bonds for nonessentials like solar-power projects, apartment buildings and a soccer stadium \u2014 things bailout-weary taxpayers might walk away from if the guarantees were called. \"\" basically they promised to raise taxes to pay off bonds.\""}
{"_id": "505993", "title": "", "text": "Buy the minimum of one fund now. (Eg total bond market) Buy the minimum of the next fund next time you have $2500. (Eg large-cap stocks.) Continue with those until you have enough to buy the next fund (eg small-cap stocks).  Adjust as you go to balance these funds according to your planned ratios, or as close as you can reasonably get without having to actually transfer money between the funds more than once a year or so. Build up to your targets over time. If you can't easily afford to tie up that first $2500, stay with banks and CDs and maybe money market accounts until you can. And don't try to invest (except maybe through a matched 401k) before you have adequate savings both for normal life and for an emergency reserve. Note too that the 401k can be a way to buy into funds without a minimum. Check with your employer. If you haven't maxed out your 401k yet, and it has matching funds, that is usually the place to start saving for retirement; otherwise you are leaving free money on the table."}
{"_id": "506003", "title": "", "text": "The menu is too big again. Mcdonald's basically created the streamlined menu when they realized no one ordered hot dogs etc at their first restaurant. We saw this problem arise 8-10? years ago., they pared down the menu and came back. Not only does the bigger menu confuse the customers but slows down service."}
{"_id": "506021", "title": "", "text": "At this point I think city would give the Gary Airport to anyone who will take it. It's a financial burden that hasn't had an Airline since Hooters and Skybus went broke almost 10 years ago."}
{"_id": "506027", "title": "", "text": "\"My dad uses CenturyLink for internet (DSL, only option available in the \"\"sticks\"\") and uses another company for television.  I pointed out that he is paying CenturyLink over $75 a month for DSL, when it should be $12.99.  I mentioned they are charging for the entire package.  He insisted he never ordered any of it, but I just chalked it up to a mistake and got it sorted out by calling them.  Maybe he really never ordered it ...   Ugh.\""}
{"_id": "506042", "title": "", "text": "\"On a different note, \"\"94 percent of the soy and 70 percent of the corn grown in the U.S. are genetically modified.\"\"  How many strains/varieties are these comprised of?   I cannot see scientists and engineers creating 1 dominant strain and not think about the irish potato famine or some other blight that can wipe out an entire years crop.  I do see a marketing/sales person doing this thought.  Looks like the industry is one disease away from complete collapse.\""}
{"_id": "506065", "title": "", "text": "\"The other answers describe why this is highly likely to be a scam. This answer describes why you don't want to get involved, even in the unlikely case that it isn't a scam.  I'm describing this using US law (which I'm not particularly familiar with, so if I go astray I'd suggest others fix any flaws in this answer), but most other countries have similar laws as these laws are all implementations of a small number of international treaties have very large memberships. The service you describe (accepting money transfers from one party and transferring them to another) is one which, if you engage in it for profit, would classify you as a \"\"financial institution\"\" under 31 USC 5312, specifically paragraph (a)(2)(R): any   other person who engages as a business in   the transmission of funds, including any person   who engages as a business in an informal   money transfer system Because you would be acting as a financial institution: Failure to follow such requirements can lead to a fine of up to $250,000 or a 5 year prison sentence (31 USC 5322). See also: Customer Identification Program and Know Your Customer.\""}
{"_id": "506066", "title": "", "text": "\"There are no \"\"on-line\"\" banks in Israel. There were various attempts to create something that would look like an online bank (HaYashir HaRishon comes to mind, Mizrahi did something similar recently), but that essentially is a branch of a brick and mortar bank (Leumi and Mizrahi, respectively) that allows you online management and phone service instead of walking into a branch, not a replacement for a traditional bank. Thus there are no significant operational savings for the banks through which they could have afforded higher savings rates. I agree with the other responder that the banking system in Israel is very well regulated, but I agree with you also - it is not competitive at all. That said, at the current inflation rate and the current strength of the currency, the 2.02% that you have is actually pretty good. Israel has no interest in paying high rates on incoming money since its currency is too strong and it hurts exports, so don't expect much at home on this issue. Opening an account outside of Israel poses a different problem - tax reporting. You'll have to file an annual tax return and pay your taxes on the interest you earn, something most Israelis never have to do. That will cost you and will probably eat up much, if not all, of the gain. Also, currency fluctuations will hurt you, as no-one will open an account in Shekels outside of Israel and you'll have to convert back and forth. In fact, the first thing to happen when the rates in Israel go up would be for the currency to go down, so whatever you might gain abroad will disappear when you actually decide to move the money back. And you will still be taxed on the interest income (can't deduct capital loss from interest income). Your options, as I see them, are either the stock market or the bonds market (or, more likely, a mix). In Israel, the bonds similar to the US T-Bills (short term bonds) are called \"\"makam\"\" and you can either invest in them directly or through mutual funds. These are traded at TASE and can be held for free (banks are not allowed to charge you for holding them). They're taxed at lower rates than capital gains (15% vs 25%). During the times of low interest these may provide much better alternative than bank savings (pakam).\""}
{"_id": "506070", "title": "", "text": "It varies highly on industry, regulations and locale. Say you are a US based manufacturer of industrial products in Pennsylvania (as an example), you may only have 500 employees, but to be compliant with EVERYTHING, you might need 12 HR people to track everything, actually do all the required training, followup on the failures, file all the required paperwork for all the various regulatory and legal bodies they are beholden to, etc...  If you are service company out of Alabama that is the same size, you might have a LOT less to worry about and could outsource the entire thing for less than the cost of a FTH."}
{"_id": "506075", "title": "", "text": "Services exist that allow you to forward mail anywhere or pay bills on your behalf. A friend who travels constantly for work uses a service that receives his mail (at a street address), scans and shreds most items, and forwards packages as he requests. Make sure that you understand what your state considers legal or illegal."}
{"_id": "506078", "title": "", "text": "Forex vs Day Trading: These can be one and the same, as most people who trade forex do it as day trading. Forex is the instrument you are trading and day trading is the time frame you are doing it in. If your meaning from your question was comparing trading forex vs stocks, then it depends on a number of things. Forex is more liquid so most professional traders prefer it as it can be easier to get in and out without being gapped. However, if you are not trading large amounts of money and you stay away from more volatile stocks, this should not matter too much. It may also depend on what you understand more and prefer to trade. You need to be comfortable with what you are trading. If on the other hand you are referring to day trading vs longer term trading and/or investing, then this can depend largely on the instrument you are trading and the time frame you are more comfortable with. Forex is used more for shorter term trading, from day trading to having a position open for a couple of days. Stocks on the other hand can be day traded to traded over days, weeks, months or years. It is much more common to have positions open for longer periods with stocks. Other instruments like commodities, can also be traded over different time frames. The shorter the time frame you trade the higher risk involved as you have to make quick decisions and be happy with making a lot of smaller gains with the potential to make a large loss if things go wrong. It is best once again to chose a time frame you are comfortable with. I tend to trade Australian stocks as I know them well and am comfortable with them. I usually trade in the medium to long term, however I let the market decide how long I am in a position and when I get out of it. I try to follow the trend and stay in a position as long as the trend continues. I put automatic stop losses on all my positions, so if the market turns against me I am automatically taken out. I can be in a position for as little as a day (can happen if I buy one day and the next day the stock falls by 15% or more) to over a year (as long as the trend continues). By doing this I avoid the daily market noise and let my profits run and keep my losses small. No matter what instrument you end up trading and the time frame you choose to trade in, you should always have a tested trading plan and a risk management strategy in place. These are the areas you should first gain knowledge in to further your pursuits in trading."}
{"_id": "506092", "title": "", "text": "&gt; You can't hire on the basis of religion, period.  That is false.  It is a general rule, but there are lots of exceptions.  For example, when hiring a pastor or any job where your religion is required to perform the job."}
{"_id": "506104", "title": "", "text": "I'd be surprised to hear that any of my colleagues have a difficult time explaining the basics... I'd guess likely they didn't want to start down a long explanation, as explaining exactly what you do, for example, as an options trader, is very complicated. Sometimes I think explaining what you do in a concise amount of time is more difficult than the job itself. Trying to explain the specifics opens up a Pandora's box of questions to those who aren't familiar."}
{"_id": "506108", "title": "", "text": "\"LLC is, as far as I know, just a US thing, so I'm assuming that you are in the USA. Update for clarification: other countries do have similar concepts, but I'm not aware of any country that uses the term LLC, nor any other country that uses the single-member LLC that is disregarded for income tax purposes that I'm referring to here (and that I assume the recruiter also was talking about). Further, LLCs vary by state. I only have experience with California, so some things may not apply the same way elsewhere. Also, if you are located in one state but the client is elsewhere, things can get more complex. First, let's get one thing out of the way: do you want to be a contractor, or an employee? Both have advantage, and especially in the higher-income areas, contractor can be more beneficial for you. Make sure that if you are a contractor, your rate must be considerably higher than as employee, to make up for the benefits you give up, as well as the FICA taxes and your expense of maintaining an LLC (in California, it costs at least $800/year, plus legal advice, accounting, and various other fees etc.). On the other hand, oftentimes, the benefits as an employee aren't actually worth all that much when you are in high income brackets. Do pay attention to health insurance - that may be a valuable benefit, or it may have such high deductibles that you would be better off getting your own or paying the penalty for going uninsured. Instead of a 401(k), you can set up an IRA (update or various other options), and you can also replace all the other benefits. If you decide that being an employee is the way to go, stop here. If you decide that being a contractor is a better deal for you, then it is indeed a good idea to set up an LLC. You actually have three fundamental options: work as an individual (the legal term is \"\"sole proprietorship\"\"), form a single-member LLC disregarded for income tax purposes, or various other forms of incorporation. Of these, I would argue that the single-member LLC combines the best of both worlds: taxation is almost the same as for sole proprietorship, the paperwork is minimal (a lot less than any other form of incorporation), but it provides many of the main benefits of incorporating. There are several advantages. First, as others have already pointed out, the IRS and Department of Labor scrutinize contractor relationships carefully, because of companies that abused this status on a massive scale (Uber and now-defunct Homejoy, for instance, but also FedEx and other old-economy companies). One of the 20 criteria they use is whether you are incorporated or not. Basically, it adds to your legal credibility as a contractor. Another benefit is legal protection. If your client (or somebody else) sues \"\"you\"\", they can usually only sue the legal entity they are doing business with. Which is the LLC. Your personal assets are safe from judgments. That's why Donald Trump is still a billionaire despite his famous four bankruptcies (which I believe were corporate, not personal, bankrupcies). Update for clarification Some people argue that you are still liable for your personal actions. You should consult with a lawyer about the details, but most business liabilities don't arise from such acts. Another commenter suggested an E&O policy - a very good idea, but not a substitute for an LLC. An LLC does require some minimal paperwork - you need to set up a separate bank account, and you will need a professional accounting system (not an Excel spreadsheet). But if you are a single member LLC, the paperwork is really not a huge deal - you don't need to file a separate federal tax return. Your income will be treated as if it was personal income (the technical term is that the LLC is disregarded for IRS tax purposes). California still does require a separate tax return, but that's only two pages or so, and unless you make a large amount, the tax is always $800. That small amount of paperwork is probably why your recruiter recommended the LLC, rather than other forms of incorporation. So if you want to be a contractor, then it sounds like your recruiter gave you good advice. If you want to be an employee, don't do it. A couple more points, not directly related to the question, but hopefully generally helpful: If you are a contractor (whether as sole proprietor or through an LLC), in most cities you need a business license. Not only that, but you may even need a separate business license in every city you do business (for instance, in the city where your client is located, even if you don't live there). Business licenses can range from \"\"not needed\"\" to a few dollars to a few hundred dollars. In some cities, the business license fee may also depend on your income. And finally, one interesting drawback of a disregarded LLC vs. sole proprietorship as a contractor has to do with the W-9 form and your Social Security Number. Generally, when you work for somebody and receive more than $600/year, they need to ask you for your Social Security Number, using form W-9. That is always a bit of a concern because of identity theft. The IRS also recognizes a second number, the EIN (Employer Identification Number). This is basically like an SSN for corporations. You can also apply for one if you are a sole proprietor. This is a HUGE benefit because you can use the EIN in place of your SSN on the W-9. Instant identity theft protection. HOWEVER, if you have a disregarded LLC, the IRS says that you MUST use your SSN; you cannot use your EIN! Update: The source for that information is the W-9 instructions; it specifically only excludes LLCs.\""}
{"_id": "506113", "title": "", "text": "I switched to a credit union for a year and the only complaint that I had was that the service was absolutely horrible when compared with my previous bank. Flow time in the drive through and help when going inside were pretty bad. The credit union was UFCU, has anyone else experienced this and switched back to their old bank?  I realize that many people can do almost all of their banking online, and that credit unions probably benefit those people. But, for those that need to go to the bank several times a month I wouldn't recommend it. I switched back for this reason."}
{"_id": "506132", "title": "", "text": "This is brilliant for AmEx; they make a cut off of every transaction you do, so even if you pay it off before you ever pay interest, they still may take some.  Balance transfers, on the other hand, generally have a transfer fee that locks in a percent, depending on the offer. For your own sake, it can be a good deal if you   Considering that they make some money, it makes sense why they offer people this - merchants, as you'll read from Nerd Wallet, are paying extra to use credit cards."}
{"_id": "506146", "title": "", "text": "As asked previous in the week, there is a big difference between budgeting and expense tracking.  Using software, like GNUCash, allows one to track their spending.   A budget is a plan, the tracking is what actually happened. I do not track expenses, although I do budget.  For me, hitting financial goals is good enough of a track, without investing the time and energy into tracking every penny.  One could easily criticize my method, as how can you have a good plan without continuous feedback? For me it is an example of the 80/20 principle.  If I put in 20% effort into making and sticking to a budget, I will obtain 80% of the financial success that a person who devotes 100% effort into budgeting and tracking.  A person with the same income and life events, who budgets and tracks, will likely be more successful that I, however, not overwhelmingly so.  For me time is better spent on other endeavors.  You seem to have this attitude as well, but those that do track have it as part of their path to financial success and probably view us as somewhat foolish.    This is another example how personal finance is more about behavior than math."}
{"_id": "506149", "title": "", "text": "I'm a successful day trader. I turned $300,000 into over $10 million over the course of a few years. I went into trading after I sold my failing company for around $1 million just to bring me out of debt and give me some cash. To give you an idea of how I did it, I just studied everything possible for a few months before I even made my first trade. Instead of having a 9-5 job, I was studying the market from 9-5. I looked at graphs, patterns, everything. I subscribed to multiple real time news feeds and have around 6 college students currently working under me just sifting through patterns and watching real time news feed. I only plan on doing this for 5 or 10 more years before I go into long term investing as it is incredibly stressful, but the returns are very good. Feel free to ask me any questions or to send me a PM if you want any specifics."}
{"_id": "506161", "title": "", "text": "And so what was the logical alternative?  How does Hank Paulson:  1.   Get $150-300 billion dollars into the hands of individual taxpayers so that they don't default on their home mortgages and wipe out the banking system?  2.  Make sure the $150-300 B is going to individuals who actually need the capital, weren't bad actors in taking on too much debt and causing everyone else significant harm by engaging in risky borrowing?  3.  Sufficiently protect the $150-300 B in loans so that the US Gov't can get paid back and not have it be some massive giveaway of taxpayer dollars?    And all this had to be done within a matter of days.  Ontop of which, why aren't you railing against the irresponsible automakers who didn't pay back their TARP loans and instead were forgiven, while the banks paid back their loans in full with interest and a profit to the US Taxpayer?  The automakers and the unions basically got free money (after Obama came into office and under his direction) on the back of the taxpayer.  Isn't that crony capitalism when unions who are Democratic sympathizing voters get loans that are ultimately forgiven by the federal government?  The whining you make about private entities like Berkshire, who did nothing to create the crisis and merely took advantage of it, with little to no help from the federal government is remarkable.  It's like straight out of a socialist playbook."}
{"_id": "506182", "title": "", "text": "One small note:  If you have an employer sponsored account and get let go you might have an issue.  You would lose any funds in the account as of the day of your unemployment if you don't have enough expenses to use it all up!  So if you put in a lot every month because you have a large planned expense like root canal or operation then you could lose it all.  This happened to me."}
{"_id": "506183", "title": "", "text": "What is wrong can't be fixed by communism, education, unions, or new technology.  These solutions all count on the problem being something it isn't.    Early capitalism didn't work until we learned we needed to tax real-estate to keep the rich from draining our economies through their ownership and thus remove the value from work turning us into impoverished serfs.  Today, we have expanded the range of things that can earn money for their owners far beyond simple land and buildings into machinery, patents, software, media, and all manner of technology.  Furthermore, we've adopted a global policy of tax-free trade which removes our ability to tax these things.    Until we adopt a political stance that treats profit as a drain on economic vitality and money seeking to earn more money as the enemy of our prosperity, the world's middle class will continue its descent into poverty."}
{"_id": "506194", "title": "", "text": "\"In general, if you can afford to replace something, you are able to \"\"self-insure\"\".  You really want to understand a little of the statistics before you can make a generic call, but my rule of thumb is that insurance via \"\"extended warranty\"\" is rarely a good deal.  Here is a simple expected value math formula you can apply (when the > is true, then you should buy it): replacement cost x likelihood of using warranty % > cost of insurance You can then back-compute, what is the likelihood that I'd need to lose this item to break even?  Given your numbers: $2000 x Y > $350 or Y > (350/2000) or Y > 17.5% So if you think there is a 17.5% or greater chance that you'll need to have you system replaced (i.e. not just a simple fix) AND (as Scott pointed out) you'll be able to actually use the replacement warranty then the applecare is a good purchase.  Note, this only applies to items you can replace out-of-pocket without significant burden, because if you didn't have the $10k to replace your car, it wouldn't matter if the insurance wasn't such a good deal (especially if you need the car to get to work, etc.) So the obvious question is: \"\"Why would a for-profit company ever offer insurance on something they are statistically likely to lose money on?\"\"  The obvious answer is \"\"they wouldn't,\"\" but that doesn't mean you should never buy this type of insurance, because you may have statistically significant circumstances. For instance, I purchased a $40 remote helicopter as a gift for my children.  I also paid the $5 for a \"\"no questions asked\"\" warranty on it because, knowing my kids, I knew there was a nearly 100% chance they would break it at least once.  In this case, this warranty was well worth the $5, because they did break it!  Presumably they make money on these warranties because most of the purchasers of the plan are more attentive (or too lazy to make the claim) than in this case. Edit note: I incorporated Scott's comment about likelihood of being able to utilize the warranty into a combined \"\"likelihood of using warranty\"\" term.  This term could be broken up into likelihood of needing replacement x likelihood of actually getting company to replace it I didn't do this above because it makes it a little harder to understand, and may not be a major factor in all cases, but you can definitely add it after the fact (i.e. if there's only a 90% chance Applecare will pay out at all, then divide the 17.5% by 0.9 to get 19.4% likelihood of needing the replacement for it to be cost effective). More complete formulas can be derived also (including terms for full replacement costs vs repair costs and including terms for \"\"deductible\"\" type costs or shipping), but I'm trying to keep things relatively simple for those who aren't statistics nerds like I am.\""}
{"_id": "506196", "title": "", "text": "1. High-resolution photos taken on 12 June 2009 from the International Space Station of Sarychev Peak volcano erupting on Matua Island, Kuril Islands, Russian Federation: http://chamorrobible.org/gpw/gpw-200906.htm  2. The eruption plume of Russia's Kliuchevskoi Volcano photographed on 16 November 2013 from the International Space Station: [4048 x 2698 pixels](http://chamorrobible.org/images/photos/gpw-201404-NASA-ISS038-E-5513-Kliuchevskoi-volcano-plume-Russian-Federation-20131116-large.jpg), [6048 x 4032 pixels](http://chamorrobible.org/images/photos/gpw-201404-NASA-ISS038-E-5513-Kliuchevskoi-volcano-plume-Russian-Federation-20131116-huge.jpg)      Source: http://chamorrobible.org/gpw/gpw-201404.htm"}
{"_id": "506201", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-21/u-s-household-wealth-increases-1-7-trillion-to-a-fresh-record) reduced by 56%. (I'm a bot) ***** &gt; U.S. household wealth increased in the second quarter to yet another record, driven by solid gains in financial assets and rising property values, figures from the Federal Reserve in Washington showed Thursday.  &gt; Highlights of Household Wealth ReportNet worth for households and non-profit groups rose by $1.7t q/q, or 1.8%, to $96.2t, according to Fed&amp;#039;s financial accounts report, previously known as flow of funds survey.  &gt; The increase in household wealth reflects steady growth in house prices, which were up 5.7 percent in June from a year ago, based on S&amp;P CoreLogic Case-Shiller data, as well as a 2.6 percent rise last quarter in the S&amp;P 500 Index, which is hovering near a record high.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71udep/us_household_wealth_rises_17_trillion_to_another/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~214910 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **household**^#2 **assets**^#3 **increased**^#4 **debt**^#5\""}
{"_id": "506233", "title": "", "text": "\"Money in a U.S. checking account is FDIC insured, so it's \"\"safe\"\" in the sense that you don't have to worry about a run on the bank or going out of business. Purchase fraud is something else entirely -- you need to check with your bank and see what their policy is for unauthorized charges made with your debit card. Federal rules apply: report fraud within two days and your liability is limited to $50. The maximum liability rises to $500 after that. But many banks have a $0 fraud policy. Look at their web site and see what the policy is for your bank. source: http://blogs.wsj.com/totalreturn/2015/05/19/fraud-worries-debit-vs-credit-cards/\""}
{"_id": "506236", "title": "", "text": "You can find this in the annual report. Preferred value is not the same as common value."}
{"_id": "506238", "title": "", "text": "1)  You ignore dividends. You can hold your 10 million shares and never sell them and still get cash to live on if the security pays dividends. McDonalds stock pays 3% in dividends (a year). If you owned 10 million shares of McDonalds you would get 75,000 every three months. I am sure you could live on 25,000 a month.  2)  Enron was an energy company. They sold energy and made a profit (or rather were supposed to). Enron didn't make their money by selling stock. McDonalds makes their money by selling hamburgers (and other food). The income of a company comes from their customers, not from selling stock.  3)  IF you sold all of your 10 million shares within a short time frame it, likely, would drive the price of the stock down. But you do not need a billion dollars to live on. If you sold 1000 shares each month you would have plenty for buying cars and pizza. Selling 1000 shares may drive the price of the stock down for a minute or two. But the rest of the transactions, for that security made the same day, would quickly obscure the effect you had on the stock.  4)  When you buy stock your money does not (usualy) go to the company. If I were to buy 100 shares of McDonalds, McDonalds would not get $11670.That money is (usually) paid to a 'Market Maker' who, in turn, will use the cash to buy MCD from other individual shareholders (presumably for less than 116.70 a share)."}
{"_id": "506244", "title": "", "text": "Admins can often be the face (or voice) of a firm that leaves the first impression. You're totally right, you can usually tell what kind of place it is by the way they are treated and the way they treat clients and others. Hopefully she lives up to her impression and not her username!"}
{"_id": "506252", "title": "", "text": "It's a deal! And I bet that Trump wins in 2020 and Hillary rots in jail way before that.  &gt; I'm not saying the email thing wouldn't have lost some people their jobs and brought on possible charges, but it's not a super serious crime  People went to jail for taking a picture (not shared with anyone) of a secret place.  **But, just the fact that sleazy Hillary conspires with fake-news CNN to cheat on debate questions, something that my son would be expelled from school if he cheat like that on his test, something that NEVER EVER happened before and there was no need for it (it's just debate questions, the Trump handled very well): all this to show you how corrupt, evil, untrustworthy and conspiring is the DNC and Hillary.** True or false?"}
{"_id": "506255", "title": "", "text": "\"Right here is a huge difference between Obama being IMO a great president and Trump being a ineffectual.  The ACA took a year to pass. Obama personally was involved in details, he had a printed copy he took around made notes on various passages. Talked to senators and worked out compromises. He got it passed though hard work and attention to detail. This was his achievement much more that \"\"congress\"\".  Under bill Clinton the same effort failed.  Trump sits in his ivory tower and basically said he would sign ANYTHING put in front of him.  Just let that sink in. This president didn't care what was in the bill.  He wasn't in the details. He didn't help get it through congress. He didn't lead in any way.\""}
{"_id": "506274", "title": "", "text": "Yeah, I agree with you.  He seems to be saying he has no faith in any sector or business at all.  I'm not too sure I'd want someone with that attitude to be a leader, unless it's of my investment club. :)  Good thing everyone doesn't follow his lead - that would pretty much guarantee the collapse."}
{"_id": "506277", "title": "", "text": "There seems to be a disconnect between brands and channels in which brands advertise. While I see and agree the point of the article, it treats all media channels as equal, where there are clear differences between them and as an extension the level of confidence given to a brand as a result.   The author does focuses on the millennials as a target group that is less receptive to advertising, but neglects to take into account the sheer volume of advertising that is around us - compared to ten or even twenty years ago - the increase has been exponential. Today it\u2019s almost impossible to even go to even a family without having it sponsored by your local dentist, real estate agent and pizza chain.  The fact that millennial are performing more due diligence is not just a reflection on the group as a whole, but speaks volumes of the sheer quantity of (many low quality) options of media and advertising we come across on a daily basis."}
{"_id": "506298", "title": "", "text": "This is just a pedestrian (my) opinion: Yes, It is wise to invest in bond funds even in a low interest environment. Check out the lazy man's portfolio on bogleheads. The reason is:"}
{"_id": "506302", "title": "", "text": "2%? I would put in just what it takes to share in the profit sharing, not a dime more. My S&P fund cost is .02% (edited, as it dropped to .02 since original post), 1/100 of the cost of most funds you list. Doesn't take too many years of this fee to negate the potential tax savings, and not many more to make this a real loser."}
{"_id": "506306", "title": "", "text": "Put them in Cds.  Better than a savings account, you won't lose capital unlike the stock market."}
{"_id": "506311", "title": "", "text": "i've had a few friends who tried it out for shits a giggles with a very small amount of money (a couple hundred at most) and with enough diversification, they basically broke even, or lost a little bit. With enough free time, i had a friend look into very specific companies that were offering cheap stock, and guessed on if they thought these companies would be successful given market potential, and yeah, it really was a crap-shot on whether the'd make a damn thing...   After fees for making the trades and the crazyness of penny stocks, ultimately, they wasted time and lost a small amount of money."}
{"_id": "506314", "title": "", "text": "I am from the US so I can\u2019t speak most of your questions, but I did work in the UK for a few months and did a good amount of networking while in London. I would use LinkedIn searches and just message people at firms I wanted to work for. 90% of the time they never respond, but it\u2019s a numbers game and you have to keep going for it.   PM me if you want to talk in more details about it!"}
{"_id": "506344", "title": "", "text": "It's generally considered a bad idea to take a loan from your 401k, for the following reasons: You don't earn returns while the money is out You pay the loan back with after-tax money It's only considered a good idea for emergencies or where you need the money to pay off high interest rate debt like credit cards. Consider the stability of your employment, the expected rate of return and explore other avenues for funds  Source: MSN Money"}
{"_id": "506347", "title": "", "text": "Germany does a hell of a lot more trade with the US than they do with Russia so if Putin thinks impacting Germany's trade can impact their foreign policy, the U.S. has Russia beat by a mile.  Russians always seem to think that by bullying and threatening and sanctioning other countries they can get them to do what they want. But more often than not it just pushes those countries in the opposite direction. Why else is NATO right on Russia's doorstep these days?  Right now, Russia is banning imports from Georgia (principally Georgian wine) because they don't like Georgia's western leaning government. And all it is accomplishing is making Georgia even more anxious to join the E.U."}
{"_id": "506348", "title": "", "text": "&gt;  But that's probably stupid in a professional setting?   Unfortunately, not really. It's definitely less likely that something bad (or harassing) will happen than at, say, a gamer con or something, but things do happen. But you can't let the possibilities hold you back. Besides, as more and more women join the tech industry, then it'll happen less, and somebody has to be first."}
{"_id": "506368", "title": "", "text": "I believe I have to pay taxes in US since it is a US broker. No, not at all. The fact that the broker is a US broker has nothing to do with your tax liabilities. You should update the banks and the broker with your change of status submitting form W8-BEN to them. Consult a tax professional proficient with Indo-US tax treaty as to what you should put in part II. The broker might withhold some of your income and remit it as taxes to the IRS based on what you put in W8-BEN and the type of income, but you can have it refunded (if it exceeds your liability) by submitting a tax return (form 1040-NR). You do have to pay tax in India, based on the Indian tax law, for your profits in the US. Consult with an Indian tax accountant on that. If I'm not mistaken, there are also currency transfer restrictions in India that you should be aware of."}
{"_id": "506374", "title": "", "text": "Another explanation is that they keep your money three days to make money with it, because they can. The other reasons might have been valid 100 years ago, and no bank would voluntarily cut that down until forced by law. Example: In Europe, bank to bank transfers used to take three days, until a law forced them to give next day, and suddenly it was possible."}
{"_id": "506395", "title": "", "text": "According to Intuit, you cannot claim the $50 charitable contribution, so the entire $2000 / month will be taxable instead of $1900. That's only an extra $35 if your combined tax rate is 35%. As TTT mentioned, do this for the experience, not for the money. My wife and I have been hosting international students for 10 years now. https://ttlc.intuit.com/questions/3152069-i-received-a-1099-misc-employee-compensation-for-hosting-a-foreign-exchange-student-can-i-complete-a-schedule-c-for-the-expenses"}
{"_id": "506401", "title": "", "text": "At Aryan Electrical, you will find the professional electrical contractors in Sydney who are expert in fulfill all your electrical need in Sydney. Please fill our form to request for a free quote and Call us at 0432713841 for more info!"}
{"_id": "506435", "title": "", "text": "The closest thing to a libertarian society (to my mind, the American revolution) was relatively stable and amazingly prosperous for hundreds of years. To my mind, the shows that it is possible, at least to some extent.  The defining characteristic of a government is that the majority of people perceive their usage of aggressive force as legitimate. Without that sense of legitimacy, no government could ever rule. That is why I think that anarchy is stable. Coercion is just vastly more expensive than co-operation. Without a body of people willing to pay for their own coercion, organisations that seek to coerce will be at an incredible economic disadvantage.  You want to be careful writing things off as impossible just because of history. Before the Wright brothers, all attempts at powered flight had failed as well. We must always keep the goal in mind, even if we are still unsure of how to attain it."}
{"_id": "506443", "title": "", "text": "By having the expertise and completely custom SEO administrations your site will begin increasing great positions in web crawlers, get most extreme activity, amass greater perceivability of the clients. What's more, once your site increases best position in driving web indexes, for example, Google, Yahoo, Bing, Msn and numerous all the more then you will definitely get the chance of beneficial business from more potential customers. Furthermore, social media management service and site design improvement administrations are valuable for building new potential customers, both locally and all inclusive. Thusly, to get the appropriate results and to accomplish coveted business objectives it savvy to choose the best fit SEO bundle for your site."}
{"_id": "506445", "title": "", "text": "I get the feeling you attribute anything on Reddit you don't like to those idiots.  You know how you read further up the comments about how bad it is that everything has become a partisan issue? People like this are why."}
{"_id": "506447", "title": "", "text": "Firstly, investors love dividend paying company as dividends are proof of making profit (sometimes dividend can be paid out of past profits too)   Secondly, investor cash in hand is better than potential earnings by the company by way of interest. Investor feels good to redeploy received cash (dividend) on their own   Thirdly, in some countries dividend are tax free income as tax on dividends has already been paid. As average tax on dividend is lower than maximum marginal tax; for some investor it generates extra post tax income   Fourthly, dividend pay out ratio of most companies don't exceed 30% of available fund for paying (surplus cash) so it is seen as best of both the world Lastly, I trust by instinct a regular dividend paying company more than not paying one in same sector of industry"}
{"_id": "506448", "title": "", "text": "I believe the answer to your question boils down to a discussion of tax strategies and personal situation, both now and in the future.  As a result, it's pretty hard to give a concrete example to the question as asked right now. For example, if your tax rate now is likely to be higher than your tax rate at retirement (it is for most people), than putting the higher growth ETF in a retirement fund makes some sense.  But even then, there are other considerations. However, if the opposite is true (which could happen if your income is growing so fast that your retirement income looks like it will be higher than your current income), than you might want the flexibility of holding all your ETFs in your non-tax advantaged brokerage account so that IF you do incur capital gains they are paid at prevailing, presumably lower tax rates.   (I assume you meant a brokerage account rather than a savings account since you usually can't hold ETFs in a savings account.) I also want to mention that a holding in a corp account isn't necessarily taxed twice.  It depends on the corporation type and the type of distribution.  For example, S corps pay no federal income tax themselves. Instead the owners pay taxes when money is distributed to them as personal income.  Which means you could trickle out the earnings from an holdings there such that it keeps you under any given federal tax bracket (assuming it's your only personal income.)   This might come in handy when retired for example.   Also, distribution of the holdings as dividends would incur cap gains tax rates rather than personal income tax rates. One thing I would definitely say: any holdings in a Roth account (IRA, 401k) will have no future taxes on earnings or distributions (unless the gov't changes its mind.)  Thus, putting your highest total return ETF there would always be the right move."}
{"_id": "506454", "title": "", "text": "&gt; Yes, competing governments is what you want  no no no, the point is government gets in the way of freedom, free enterprise, so badly, the tax code alone is over 70,000 pages...  and the regulations, tens of thousands of pages that fuck up freedom/jobs/happiness"}
{"_id": "506459", "title": "", "text": "Some fighters \u2018float like a butterfly.\u2019 Others \u2018sting like a bee.\u2019 Yet, power or speed alone in boxing isn't everything. The endless power-speed debate was brought into the spotlight during the fight between Cuban power fighter Guillermo Rigondeaux and Filipino speed fighter Nonito Donaire, Jr. last April, 2013."}
{"_id": "506460", "title": "", "text": "First, I want to point out that your question contains an assumption. Does anyone make significant money trading low volume stocks?  I'm not sure this is the case - I've never heard of a hedge fund trading in the pink sheets, for example. Second, if your assumption is valid, here are a few ideas how it might work: Accumulate slowly, exit slowly.  This won't work for short-term swings, but if you feel like a low-volume stock will be a longer-term winner, you can accumulate a sizable portion in small enough chunks not to swing the price (and then slowly unwind your position when the price has increased sufficiently). Create additional buyers/sellers.  Your frustration may be one of the reasons low-volume stock is so full of scammers pumping and dumping (read any investing message board to see examples of this).  If you can scare holders of the stock into selling, you can buy significant portions without driving the stock price up.  Similarly, if you can convince people to buy the stock, you can unload without destroying the price.  This is (of course) morally and legally dubious, so I would not recommend this practice."}
{"_id": "506464", "title": "", "text": "\"&gt; If we agree that there are no state bailouts in \"\"pure\"\" capitalism, then please never again in your life disregard this argument when you hear it from a socialist.  The difference is the US does not claim to possess nor claim to be pursuing a purely capitalistic economy. Elementary schools in the US correctly teach that the US has a \"\"mixed\"\" economy. On the other hand, Communist\\socialist nations DID claim they were in possession or pursuit of communist\\socialist economies.\""}
{"_id": "506474", "title": "", "text": "Bathroom renovations Sydney is something that every homeowner has to think about in some years\u2019 time but the problem is that often they are short of ideas and have to rely completely upon the experts of renovation or redesigning.Experts say that to create a lighter and a sleeker environment; you should consider cantilevered cabinetry that is secured to a wall."}
{"_id": "506475", "title": "", "text": "Investors already can trade their assets - simply tokenizing a bond is unlikely to make it more liquid.  The key to liquidity is having a willing counterparty who wants to buy/sell what you are looking to sell/buy.  Because debt can be structured in a myriad of ways, markets for some bonds will be extremely thin, with limited buyers and sellers.  I don't see how tokenization will solve that problem."}
{"_id": "506505", "title": "", "text": "Its not H1-B visa, its the L1 Visa. L1 Visa have no minimum wage and people working on L1 can get Green Card faster. Some guys I know make around 40k/year in Silicon Valley @ Apple.   H1-B scare is little bit overhyped in comparison to L1 visa. Anyway, people dont do their research and believe only these news channel say. H1-B is really helping US, atleast 60-65% are useful. Even if you a person is hired by H1-B, company has to invest more in HR and lawyer fees as a company by itself would not be able to apply. L1 Visa on other hand has no limit on salary so you can keep a worker at a drastically low rate which would for sure increase your profits. There are no year limit on L1. While H1-B have a max limit of 6 years. (Source: my collegues and USCIS website). Let me know if anything is wrong here .. still researching on this.."}
{"_id": "506521", "title": "", "text": "\"The geniuses behind this \"\"infographic\"\" are part of a marketing industry trend that aims to exploit social media as a free advertising medium, period. Reddit is difficult to advertise for free on, and the writer of this blog post admits to this. In an attempt to be more clever than all the other \"\"social media experts\"\" out there, they are making the claim that a marketer can get on Reddit, establish a presence as a redditor, then start shilling. These claims are not only impossible to verify, but the effort it would take to do something like this just to do marketing seems like a bad investment. In addition to the things they mention on their little chart, redditors do not like being manipulated by marketers and would downvote at best and get you banned at worst. Unless there is something about Reddit that I don't know, which is certainly a possibility.\""}
{"_id": "506523", "title": "", "text": "Low interest rates and tax breaks caused large co and PE firms to leverage buyout other firms, didnt stop people from issuing equity. For example, if you follow semiconductors, a lot of M&amp;A has happened over past 4 years and some analysts coverage list went from high teens to a dozen. Also, it exacerbate debt levered co going bankrupt, e.g., solar and wind co."}
{"_id": "506555", "title": "", "text": "Don't take it so literally. 100 is close to 98, so if your formula calls for 98, buy 100."}
{"_id": "506560", "title": "", "text": "Absolutely agree and I strongly support the proposals being thrown around to separate back out banks from their investment / brokerage departments.  I also think we should have a minimum transaction time for trades and minimum holding times."}
{"_id": "506567", "title": "", "text": "\"You have a few options, none of which are trade off free: Apply for a credit card, and live off of that.   Here, of course, you will go into debt, and there are minimums to pay.  But, it will tide you over.  In any case, you are getting unsecured credit, so your rates will probably be very, very high.  You don't want to build up a lot of 20% per annum debt. An alternative to this would be to go to any bank and ask for an unsecured loan.  Having no income, it will be difficult, though not necessarily impossible, to secure some funds.  When I was in between houses, once, for example, I was able to borrow $30,000 in unsecured debt (to help me construct my new house!), just based on my income.  Grant you, I paid it 2 months later, in order to avoid the 10% / year interest, but the point is that unsecured debt does exist.  Credit Cards are easier to get.  Arrange for personal financing through your parents or other relatives. If your parents can send you remittances, the terms will most likely be more generous.  They know your credit and your true ability to repay.  Just because they send you money doesn't mean you have to live with them.  As a parent, I have a stake in ensuring my children's success.  If I think that tiding them over briefly is in their best interest and mine, you better be sure I'll do it. A variation on this is Microfinance - something like Kiva.  Here, if you can write up a story compelling enough to get finance, there are people who might lend you money.  Kiva is normally directed towards poorer countries and entrepeneurs - but local variations exist. UPDATE: Google-backed 'LendingClub.com is far more appropriate to this situation than Kiva.  Same general idea, but that's the vendor. Find freelance, contract, or light employment. Your concern about employment is justified - you don't want to be in a position where you are unable to travel to an interview because Starbucks or McDonalds will fire you if you don't show up for a shift.  (Then again, do you really care if McDonald's lets you go?)  As such, you need to find income that is less bound by schedule.  Freelance work, in particular, will give you that freedom - assuming you have a skill you can trade.  Likewise, short term contract work is equally flexible - usually.  Finally, it may be easiest just to get temporary pickup work in a service capacity.  In any event, doing something will be better than doing nothing.  Who knows, you might want to be a manager / owner of a McDonalds some day.  Wouldn't hurt to say, \"\"I started at the bottom.\"\"\""}
{"_id": "506575", "title": "", "text": "\"No stock is risk-free. Some of the biggest companies in the country, that seemed incredibly stable and secure, have suffered severe downturns or gone out of business. Twenty or thirty years ago Kodak ruled the camera film market. But they didn't react quickly enough when digital cameras came along and today they're a shadow of their former self. Forty years ago IBM owned like 90% of the computer market -- many people used \"\"IBM\"\" as another word for computer. Sears used to dominate the retail department store market. Etc.\""}
{"_id": "506602", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Don't Be a Sucker - 1947 Description | In this anti-fascist film produced by US Military in the wake of WWII, the producers deconstruct the politically motivated social engineering of Germany by the Nazi regime.   Its argument is just as timely today.  See more at: http://www.weirdovideo.com Length | 0:17:26           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "506604", "title": "", "text": "\"@duffbeer and @JoeTaxpayer give great answers, and you should probably accept one or the other, but I would like to recommend trying some of the online tools for Monte Carlo analysis.    A Monte Carlo analysis is essentially plugging in a range of possible values (a probability function) for yearly values of pretty much anything involved in your financial life: salary growth, investment rate of return, expected life span, etc, etc, etc....and then running thousands of simulations on those values to give you the probability that your money will last until you die.  It is basically a really souped up version of a \"\"what-if\"\" spreadsheet.   A google search for \"\"monte carlo retirement planning\"\" may sound like a hilariously bad idea, but it lists some free tools that you might find interesting or useful. I myself have only used the product from Financial Engines quite a bit, but I believe that is only available through your employer. (If they offer it.)\""}
{"_id": "506608", "title": "", "text": "I like the graph! You can see both of the major recessions in the 1970's and the recovery in the 1980's. If you match that graph against the baby boomer population curve and you will see that while early baby boomers bought lots of houses, quite a few pushed into 1980's.  Also check out housing costs and you can see the soaring costs due to increasing demand."}
{"_id": "506616", "title": "", "text": "\"It's standard to price oil in US$.  That means that if the US$ gets stronger, the prices of oil drops even if its \"\"intrinsic value\"\" remains constant.  Same thing happens for other commodities, such as gold.  Think of the oil price in barrels/$.  If the denominator (value of the $) goes up, then the ratio tends to go down.\""}
{"_id": "506617", "title": "", "text": "You seem to be confused - try answering these:  1. Whom do the traders work for?  2. What are the traders trading and how do they acquire those vehicles?  3. How does a company make money and how does that money get deployed?  Google will be crucial for these, but will answer your questions. If you choose to get in finance, remember the golden rule: if you have a question, Google it first."}
{"_id": "506618", "title": "", "text": "\"There is actually a recent paper that attempted to decompose Buffett's outperformance. I've quoted the abstract below: \"\"Berkshire Hathaway has realized a Sharpe ratio of 0.76, higher than any other stock or mutual fund with a history of more than 30 years, and Berkshire has a significant alpha to traditional risk factors. However, we find that the alpha becomes insignificant when controlling for exposures to Betting-Against-Beta and Quality-Minus-Junk factors. Further, we estimate that Buffett\u2019s leverage is about 1.6-to-1 on average. Buffett\u2019s returns appear to be neither luck nor magic, but, rather, reward for the use of leverage combined with a focus on cheap, safe, quality stocks. Decomposing Berkshires\u2019 portfolio into ownership in publicly traded stocks versus wholly-owned private companies, we find that the former performs the best, suggesting that Buffett\u2019s returns are more due to stock selection than to his effect on management. These results have broad implications for market efficiency and the implementability of academic factors.\"\"\""}
{"_id": "506627", "title": "", "text": "If a company doesn't take out loans to buy back the shares, is it still a bad move? I don't necessarily see the problem with companies retiring shares.  If the shares of say Apple have a P/E ratio of 10 and the price to book value max of 1. Wouldn't it be a smart move by the company and the share holders assuming the projected net revenue will hold for at least ten years if not increase.   I guess I don't know the true practice of buying back shares but at its core (could be more corrupt), I just don't see it as inherently bad."}
{"_id": "506631", "title": "", "text": "\"It means that you are expected to have received a separate piece of communication (\"\"advice\"\") which confirms who the payment came from. This is common with CHAPS payments and overseas transactions.\""}
{"_id": "506641", "title": "", "text": "When you create a liability account with an opening balance, this creates a transaction to the account Equity:Opening Balance.  You really want this transaction to be an expense. I would delete the TEST account and the transactions you have made so far, and start again.  Make a liability account (call it Liabilities:Overdue Cable Bill or something similar instead of the uninformative TEST) with an opening balance of 0, and create a transaction dated 01/09/14 which debits Liabilities:Overdue Cable Bill (showing up in the right-hand column as a charge) and credits Expenses:Cable (in the left-hand column as an expense).  To check that the sign is right, Liabilities:Overdue Cable Bill should now have a positive balance, because money is owed.  This indicates that you spent money you didn't have on cable, and now you owe the cable company. When you pay off the debt, make a transaction that debits (right column) Assets:Cash in Wallet  and credits Liabilities:Overdue Cable Bill (left column).  Now you should have a reduced balance in Assets:Cash in Wallet and a zero balance in Liabilities:Overdue Cable Bill, and the entry in Expenses:Cable is still there to indicate where the money went. This assumes you paid the bill in cash from your wallet; if you paid it by check or bank transfer or something else, you probably want to substitute Assets:Cash in Wallet with Assets:Checking Account or whatever is appropriate."}
{"_id": "506642", "title": "", "text": "At Ride On Car, we offer tremendously high quality, safe and durable ride on cars. We are the best platforms to acquire the toy cars from.  Rest assured to spot a wide range of kids electric cars, ride on cars, ride on jeeps, electric ATVs, etc. at our collection. http://www.rideoncar.cn/products/children-motorcycle"}
{"_id": "506643", "title": "", "text": "VWS Ltd is an established company that specialises in providing CCTV installation Glasgow based services. They have a team of expert engineers who are dedicated to delivering on time and competitively priced CCTV systems. To find out more about this company and the services they have on offer, visit their website at https://vwsip.co.uk/."}
{"_id": "506660", "title": "", "text": "\"Gave it a shot? Lol! You went back and forth for half a day yesterday about how \"\"gubment bad\"\", and not once offering any substantive alternative.  And when you finally do,  it's Medieval Iceland!  Dude,  the only difference between your sub and r/hentai, is at least tentacles actually exist... You have more in common with those people who sit in the stands and whine about LeBron James, except that they may actually go out and play basketball with their buddies over the weekend every once in a while...   Ya, you gave it **a** shot, and now I know why you and your buddies are much more comfortable sniping from the comfort of your couch, because to actually live what you preach would be so ridiculous that you place unclimbable obstacles in your way to prevent you from ever even trying.   Good luck with all that, and I will quite happily continue to pay my taxes and push for more. At leastI will do it while being honest with myself. Send me a post card from that no tax, no government Shangri La!\""}
{"_id": "506664", "title": "", "text": "As far as DSL Internet goes, CenturyLink is incredibly fast, with plans offering up to 40 Mbps. This should allow you to surf the web, watch videos, and play games online without having to endure long load times. These speeds also make CenturyLink a great option for households where there are several computers, smartphones, or tablets all connected to the Internet. Everyone can be online at once and still get the fast Internet service that they expect from CenturyLink."}
{"_id": "506683", "title": "", "text": "\"Okay I am not apart of Silicon Valley and do not know the culture but I don't want to jump to conclusions right away. How many female entrepreneurs are actually trying in Silicon Valley? There's a lot of talk about the amount of money but that means shit if 95% of entrepreneurs seeking funding are men.   If you told me, no, women are seeking funding just as much as men but receive nowhere near as much money as them then I'd instantly argue there's a problem. But these numbers sound a lot like the \"\"women make 70% of what men make!!!!\"\" number when we all can agree that that data is misleading as fuck and have filled a bunch of young girls heads with the idea that they will make less then what their male counterparts make.   I just want to make sure we have our facts straight. Regardless the anecdotes in the article are pretty bad.\""}
{"_id": "506685", "title": "", "text": "Another source of insurance can be through the working spouses employment. Some companies do provide free or low cost coverage for spouses without a need for a physical exam. The risk is that it might not be available at the amount you want, and that if the main spouse switches companies it might not be available with the new employer. A plus is that if there is a cost it is only a one year commitment. Term insurance is the way to go. It is simple to purchase, and not complex to understand. Sizing is key. You may need to provide some level of coverage until the youngest child is in high school or college. Of course the youngest child might not have been born yet. The longer the term, the higher the cost to account for the inflation during the period of the insurance. If the term expires, but the need still exists, it is possible to get another policy but the cost of the new term policy will be higher because the insured is older. If there are special needs children involved the amount and length may need to be increased due to the increased costs and duration of need.   Don't forget to periodically review the insurance situation to make sure your need haven't changed so much a new level of insurance would be needed."}
{"_id": "506714", "title": "", "text": "A rundown of what we accept as the most basic and fundamental SEO rehearses that each brand ought to receive. This includes everything from a far-reaching SEO meeting and review to zoom in on the individual components that can fortify and draw in your surge of clients and create content for both On-page and off-page search engine optimization in dubai improvement. As a long-standing Google Analytics Certified Partner search engine optimization daddy is remarkably situated to enable you to coordinate Google Analytics and Tag Managers into your current web framework, break down your activity from various edges and produce significant reports that can direct your advanced promoting endeavors."}
{"_id": "506729", "title": "", "text": "\"&gt; Follow the money and youll find the bullshit right there.  Are you trying to tell me that they aren't a bigger risk at the workplace when working with machines and other things?  Are you trying to tell me it doesn't impair them at all when they are high?  Are you trying to tell me the insurance company doesn't factor in risk at all?  You're argument just fell apart. Sorry kid. If you were trying to argue that those industries don't want it legal, that's one thing, but we are talking about a workplace and them being a bigger risk at the workplace so your argument doesn't apply here.  &gt; To be fair as well, where does a \"\"drug addicted looser\"\" go to get help in the United States  Are you kidding me? There are tons of places in every city that will provide help. Whether you're talking about government programs or rehabs, there are tons of places. You're just coming up with bullshit and excuses. You must be high yourself right now.  The truth of the matter is MOST don't want help at all. How many weed smokers do you know that think its an issue even if they smoke daily? They'll lie to your face and say its the greatest thing in the world, there are ZERO side effects or risks, and its \"\"organic.\"\" These people are losers.   &gt; What risks as a community do we then inherit by ignoring such situations?  Tons of risks. Driving under the influence, being lazy and unproductive. Just read the damn article and it shows that these people aren't very hire-able. Why do you think so many live at home still when they are older? They lack motivation and are losers. That's why the damn illegal can do a better job even though he can't count to 10 in his own language and doesn't speak english. These losers are an issue for the country and economy. They even put strain on our health care system.\""}
{"_id": "506733", "title": "", "text": "Sounds like you have a nice rental on your hands, honestly, if it's blue-collar-ish material.  Not too expensive for a rental. Is the rental market fairly strong there?  You're probably looking at $400-$500 per month income after you pay everybody.  (My property manager takes 10% of gross rents and she would inspect the property quarterly for me.) I'd take as many of those as I can get, though if I had ten of them I could be set for the rest of my life. :) That way you can offset any losses you might incur by selling now."}
{"_id": "506734", "title": "", "text": "It's quite possible that everyone should only work 3 days a week according to this study.  I managed to track down the actual study, which you can read [here](http://melbourneinstitute.unimelb.edu.au/downloads/working-paper-series/wp2016n07.pdf).  One point most people are unaware of is that this study did *not* compare people over age 40 with those under age 40. It only studied those age 40 or over. [See Table II](https://i.imgur.com/KObJ29z.png).  So... 3 days a week for everyone...?"}
{"_id": "506740", "title": "", "text": "That is not true, there are states where public school teachers do get tenure. Yes it's fucking ridiculous and many counties are working hard to phase it out.   California and New Jersey have been fighting rather large battles to defeat teachers. In California, a public school teacher gets tenure after [2 years](http://en.wikipedia.org/wiki/California_Proposition_74_\\(2005\\)) on the job."}
{"_id": "506743", "title": "", "text": "what will happen to the valuation of Tom's bond holdings after the equity crash? This is primarily opinion based. What will happen is generally hard to predict. Bond Price Bump due to Demand:  Is a possible outcome; this depends on the assumption that the bonds in the said country are still deemed safe. Recent Greece example, this may not be true. So if the investors don't believe that Bonds are safe, the money may move into Real Estate, into Bullion [Gold etc], or to other markets. In such a scenario; the price may not bump up. Bond Price Decline due to Rising Interest Rates:  On a rising interest rates, the long-term bonds may loose in value while the short term bonds may hold their value. Related question How would bonds fare if interest rates rose?"}
{"_id": "506745", "title": "", "text": "Sounds like a trick question.  If it's hired for a limited time, equivalent to an operating lease, then you only pay a running cost as it's used, and it's neither an asset or a liability, but just a running cost like salaries.  If it's hired in a way that fulfils the criteria for a financial lease, i.e. you treat it like it's being purchased, then it's both a liability and an asset. It goes on both sides of the balance sheet. Just like when you buy something on credit and recognize the liability to pay as a debt, and the item owned as an asset.  edit: presuming the relevant company is the one paying."}
{"_id": "506750", "title": "", "text": "In short, if your expenses rise with inflation but your income does not, your expenses will eventually exceed your income. As the article on perpetuities says, a perpetuity is an annuity that pays forever.  An annuity is a financial arrangement whereby you are paid a fixed sum every so often for a period of time.  Hence, a perpetuity is an arrangement whereby you are paid a fixed sum every so often until you die.  Since the sum is fixed in nominal dollars (or other currency units), it will become worth less and less in real dollars as time goes on, which is what will erode your financial independence. To adapt the example from the article that you quote: If you buy an annuity that will pay you $101 per month and your expenses are $100 per month, you may seem to be financially independent.  However, if inflation is 2% per year, then next year your expenses will be $102, but the annuity will still only pay you $100.  At that point you will no longer be financially independent, since the annuity no longer covers your expenses. There are some senses in which the article's statement is inaccurate in practical terms --- e.g., annuities need not always have fixed payments but may be adjusted for inflation, also there aren't many real perpetuities in existence anyway, and plus it doesn't matter whether the source of the income is an annuity or something else --- but that is the gist of what the article is saying."}
{"_id": "506755", "title": "", "text": "\"1040 or 1040NR depends on whether you are a resident alien or nonresident alien -- 1040/1040A/1040EZ for resident aliens, and 1040NR/1040NR-EZ for nonresident aliens. Determining whether you are a resident is somewhat complex, and there is not enough information in your question to determine it. Publication 519 is the guide for taxes for aliens. (It hasn't been updated for 2014 yet, so mentally shift all the years in the publication up by one year when you read it.) Since you don't have a green card, whether you are a resident is determined by the Substantial Presence Test. The test says that if (the number of days you were in the U.S. in 2014) + 1/3 of (the number of days you were in the U.S. in 2013) + 1/6 of (the number of days you were in the U.S. in 2012) >= 183 days (half a year), then you are a resident alien for 2014. However, there are exceptions to the test. Days that you are an \"\"exempt individual\"\" are not counted toward the Substantial Presence Test. And \"\"exempt individuals\"\" include international students, trainees, teachers, etc. However, there are exceptions to the exceptions. Students are not \"\"exempt individuals\"\" for a year if they have been exempt individuals for any part of 5 previous calendar years. (Different exceptions apply for teachers and trainees.) So whether you are an \"\"exempt individual\"\" for one year inductively depends on whether you have been an \"\"exempt individual\"\" in previous years. Long story short, if before you came to the U.S. as an F-1 student, you haven't been in the U.S. on F-1 or J-1 status, then you will be a nonresident alien for the first 5 calendar years (calendar year = year with a number, not 365 days) that you've been on F-1. We will assume this is the case below. So if you started your F-1 in 2009 (any time during that year) or before, then you would have already been an exempt individual for 5 calendar years (e.g. if you came in 2009, then 2009, 2010, 2011, 2012, 2013 are your 5 years), so you would not be an exempt individual for any part of 2014. Since you were present in the U.S. for most of 2014, you meet the Substantial Presence Test for 2014, and you are a resident alien for all of 2014. If, on the other hand, you started your F-1 in 2010 (any time during that year) or after, then you would still be an exempt individual for the part of 2014 that you were on F-1 status (i.e. prior to October 2014. OPT is F-1.). Days in 2014 in H1b status (3 months) are not enough for you to satisfy the Substantial Presence Test for 2014, so you would be a nonresident alien for all of 2014. If you fall into the latter case (nonresident alien), there are some alternative choices you have. If you were in the U.S. for most of those last 3 months, then you are eligible to choose to use the \"\"First-Year Choice\"\". I will not go into the steps to use this choice, but the result is that it makes you dual-status for 2014 -- nonresident until October, and resident since October. If you are single, then making this choice pretty much gives you no benefit. However, if you are married, then making this choice allows you to subsequently make another choice to become a resident for all of 2014. Being resident gives you some benefits, like being able to file as Married Filing Jointly (nonresidents can only file separately), being able to use the Standard Deduction, being able to use many other deductions and credits, etc. Though, depending on what country you're from, it may affect your treaty benefits, so check that before you consider it.\""}
{"_id": "506766", "title": "", "text": "\"First read the fine print. If you have to pay it, pay it and switch company. If you don't have to pay it and there is no proof that you abused the component beyond normal usage, you don't have to sue them, just return the invoice with legal (not so layman) text like \"\"I hereby reject paying invoice number xxxx dated xxx because the black box was used under normal conditions and it stopped working\"\". In this case you wait for them and answer every other letter with the same text until the decide to either sue you, or drop the whole thing. If you choose this path, remember to save all invoice, copies of your rejections, all written/email/phone calls, picutres of the broken item, serial nubmers, contract etc. If they sue you and they loose (can't prove the item was destroied by you), they have to pay you up to one hour of legal advice cost and drop the invoice, if you loose, you do the same (100 pounds) plus the invoice amount according to Swedish law, don't know about your country. Before you follow any advice here, consult your local consumer protection agency, they usually comes up with smart options, they know a bad company with history and give you the right advice.\""}
{"_id": "506774", "title": "", "text": "I want to add that in my country, Israel, the tax on cars is extraordinarily high. Cars in Israel cost in average twice or more then in the US (for example, a new VW golf with the cheapest configuration costs around 25kUSD). Israel's average salary is lower then US's average salary and the fuel in Israel costs twice. Therefore, having a regular car in Israel costs the same as having a luxury car in the US. Most households have a car. It's all about priorities."}
{"_id": "506780", "title": "", "text": "They wont let it collapse, they will devalue it over time to some effect via bailouts and borrowing.  Invest in commodities so your cash retains its value, physical gold is always strong.  Other currencies are an option but this is more of a gamble."}
{"_id": "506792", "title": "", "text": "Of course. But then, paper also has utility. So do seashells and pinecones.   There is no obvious reason why, even in a perfect world, we would go looking for a malleable, highly-conductive, corrosion-resistant metal as something to peg the value of our banknotes to.   The argument in favor of a gold standard is not whether gold is intrinsically more valuable than paper or seal skins or anything else, it's that gold is fairly inelastic in terms of supply, so it limits the ability of central bankers to mess up the value of the currency through interventionist funny business.   If you picked up a rock and started going around telling people that we should use it as money because it's highly malleable and conductive and can be used in computer parts, they would look at you like you're a crazy person. That's not why gold is/was/should be a currency.   Gold was indisputably the perfect currency for thousands of years, because it was easy to identify, easy to handle, hard to falsify, and rare. Those were important characteristics when strangers had to carry physical money to different places without any ATMs, credit-cards, or paypal accounts. They are somewhat less critical today, but still...  The one characteristic that might *still* argue in favor of a gold standard is rarity: Since the amount of gold in the world is somewhat fixed, forcing the currency supply to be restricted to the gold supply semi-prevents governments and central bankers from getting into too much mischief (or at least, that's the theory).   I will leave it to others to argue over whether a return to the gold standard would be a good idea, but the argument has nothing to with the intrinsic utility of gold. I'm sure we can all agree that gold is a fine metal with many good qualities."}
{"_id": "506817", "title": "", "text": "\"If you find your local Verizon store \"\"seedy\"\", you might want to either bring your expectations about a place you'll spend about an hour in every couple years back in line with reality or just try shopping in a more upscale neighborhood.   Yes, really, Staples &amp; Bestbuy electronics salesmen make commissions. Believe it or not, their actually is a consumer electronics market beyond Apple.\""}
{"_id": "506818", "title": "", "text": "\"You are violating the Uncovered Interest Rate Parity.  If Country A has interest rate of 4% and Country B has interest rate of 1%, Country B's expected exchange rate must appreciate by 3% compared to spot. The \"\"persistent pressure to further depreciate\"\" doesn't magically occur by decree of the supreme leader. If there is room for risk free profit, the entire Country B would deposit their money at Country A, since Country A has higher interest rate and \"\"appreciates\"\" as you said. The entire Country A will also borrow their money at Country B.  The exception is Capital Control. Certain people are given the opportunity to get the risk free profit, and the others are prohibited from making those transactions, making UIP to not hold.\""}
{"_id": "506824", "title": "", "text": "I wish I had learned my lesson from the dot com bubble before I took a piece of the housing bubble."}
{"_id": "506826", "title": "", "text": "Unfortunately assets placed in a safety deposit box are not covered under the Federal Deposit Insurance Program (FDIC). Unless the bank is found to be negligent in the way it handled or protected your safety deposit box, neither them nor their private insurance company will reimburse you for the loss. Find out if in the duration you had your box with them, they moved, transitioned or merged with another entity. In this specific situation, you may be able to demonstrate negligence on the part of the banks as they have seemingly misplaced your box during their transition phase, and depending upon the value of the items placed in your safety deposit box, you may be entitled to some form of recovery. Some homeowner's insurance policies may also cover the loss, but if you didn't document what you kept in the box, you have difficulty verifying proof of the value. Valuables are often lost but documents can often be reconstructed. You can get stock and bonds by paying a fee for new certificates. For wills and trusts, you can reach out to the lawyer that prepared them for a copy. You should always keep 3 copies of such documents. When you put stuff in the box, always videotape it (photographs can be challenged) but if the video shows it was put in there, although it can still be taken out by you after you turn off the camera, yields more weight in establishing content and potential value. Also know the value of the items and check with your homeowner policy to make sure the default amount covers it, if not then you may need to include a rider to add the difference in value and the video, receipts, appraisals and such will serve you well in the future in such unfortunate circumstances. If the contents of a safety deposit box are lost because you didn't pay the fee, then depending on the state you are in the time frame might vary (3 years on average), but none the less they are sent to the State's unclaimed property/funds department. You can search for these online often times or by contacting the state. It would help for you to find out which scenario you are in, their fault or yours, and proceed accordingly. Good luck."}
{"_id": "506830", "title": "", "text": "Yes.  It is understandable if someone is driven to earn that level of income.  There are places for that.  But consider this. In humanitarian missions, majors and colonels are entrusted with massive logistical constraints.  Think Kobe, Haiti, the 2004 Tsunami.  In wartime, lieutenants are entrusted with the lives of their troops.  The ability to assume leadership and make good judgements requires the experience of having made bad judgements and understanding the consequences of those on your organization. People can rise to that challenge.  Anyone requiring further proof should consider [the case of Japan](http://www.economist.com/blogs/newsbook/2010/06/japanese_executive_pay).  The article argues for higher pay, but the point is that large corporations in Japan have not done so and succeeded."}
{"_id": "506831", "title": "", "text": "IBAN is enough within SEPA and it should be so for your bank as well. Tell them to join our decade, or change bank. I received bank transfers from other continents to my SEPA account in the past and I don't remember ever needing to say more than my IBAN and BIC. Banks can ask all sorts of useless information, but if your bank doesn't have a standard (online) form for the operation then it probably means you're going to spend a lot."}
{"_id": "506839", "title": "", "text": "I work in the FSA/HSA/HRA industry and just wanted to point out that if your wife has a medical FSA, you cannot contribute to an HSA whether or not you are covered by her medical insurance plan. The only exception to this per the rules is if your wife's employers plan limits the medical FSA benefit to the employee, your wife, which I can say from experience is extremely rare. It's possible, but I've never personally seen an employer with this in their plan document, so better check first to be sure the FSA is restricted to your wife only. You have to understand the FSA to know why this is true. Unless restricted, your wife can use her medical FSA for herself, her spouse, and any tax dependents. Meaning whether or not she uses the FSA for your eligible expenses you still have 1st dollar coverage from the FSA, making you in-eligible to open and contribute to an HSA until the end of the plan year and possibly grace period if her employer has one in place and she does not spend her funds by the end of the plan year. Hope this helps. If your still not sure, talk to a tax professional, which I am not, but do advise employers and participants on both HSAs and FSAs."}
{"_id": "506844", "title": "", "text": "@RonJohn's answer for pallet of $20's is right for the specific case. For the general case of all income, it depends on whether or not the the source of the income was potentially criminal. https://www.forbes.com/sites/timtodd/2015/11/16/a-win-for-the-5th-amendment-at-the-tax-court/ I am not a lawyer, but reading that article, one needs to provide the total amount, but not the source if there's a risk of self-incrimination."}
{"_id": "506853", "title": "", "text": "I was looking for ideas on what the usual figures are in such positions. Something like market value, or other terms such as changing slab percentages in compensation. Not sure what the best practices are in this situation.  Not sure what you are referring to."}
{"_id": "506866", "title": "", "text": "The variance for the numbers you are requesting is really huge.  The essence of green building and remodeling is getting those numbers down with a minimum of additional investment.  Finding out where exactly you are on the scale now is an important first step."}
{"_id": "506883", "title": "", "text": "This is answer is based on some condition.As a Shop owner you have a mobile with Internet connectivity.There is an app named as 'Phonepe'.There is many option to transfer through ATM to your bank account. I think instead of own POS its good idea for village shop."}
{"_id": "506897", "title": "", "text": "A few observations - A limit order can certainly work, as you've seen.  I've put in such an order far beyond the true value, and gotten back a realistic bid/ask within 10 minutes or so. That at least gave me an idea where to set my limit.  When this doesn't work, an exercise is always another way to go. You'll get the full intrinsic value, but no time value, by definition.  Per your request in comment - You own a put, strike price $100. The stock (or ETF) is trading at $50. You buy the stock and tell the broker to exercise the put, i.e. deliver the stock to the buyer of the put."}
{"_id": "506905", "title": "", "text": "Lacking in any nuance as well...  For a while, the trend has been that more generic / flow products are on the downswing for profitability (while some individual traders are still outliers), but the stuff that is not able to be commoditized is actually paying more in many cases.  Essentially, follow the money, and look at more than the surface."}
{"_id": "506909", "title": "", "text": "Many brokerage accounts for trading stocks are covered under SIPC insurance, which is up to $500,000  You can also have multiple checking and savings accounts with the $250,000 balance split up. You can also check your bank's capital ratio on the FDIC website, somewhere. The FDIC won't move on them unless it falls under 3% and even then FDIC will force them into receivership and sell them to a bigger bank before they go bust and experience losses of customer deposits. This is what mostly happened when hundreds of banks failed during the crisis from 2008-2010. There were very isolated events where customers actually lost their cash balances, and that was mostly because those customers had completely uninsured accounts. As that was the most extreme moment in US and global financial history, you should be able to judge risk with the aforementioned information in mind. You can stay in a cash balance easily and be fully insured."}
{"_id": "506921", "title": "", "text": "I think ihop does okay as when you think about it, there really aren't that many sit-down breakfast places that have the 'nationwide coverage' like ihop does. Sure, some places have Waffle House, Friendly's, Perkins, local Diners, etc., but they are fairly regional or scattered. Applebee's OTOH, is pretty much indistinguishable from the dozens and dozens of chain 'dinner-focused' restaurants out there."}
{"_id": "506972", "title": "", "text": "Maybe Craft left the business because he *doesn't* want to do a reality show and Cage is full-steam-ahead on the idea. Could happen sooner rather than later in that case. Though it's too bad they won't be able to use a pairing with as catchy a name as Cage 'n' Craft."}
{"_id": "506984", "title": "", "text": "&gt; Once full EV's cost 25k there isn't any reason to buy a gasoline car  Only range convenience (basically when we can recharge or replace fully charged battery with the same convenient that we can currently do a gas fillup). That's a hugely annoying disadvantage in a culture which has a big emphasis on driving for recreational purposes."}
{"_id": "506985", "title": "", "text": "That's the RFID readers.  We're talking about the cards with the chip on the surface of them, kinda like a SIM card but on a credit card.  So far, use is still contained pretty exclusively to Europe.  Another European thing that I'd love to see in the US, why the hell in the 21st century the waiter/waitress has to take my CC back to the cashier station?  Europe's had wireless card swipers/receipt printers for YEARS.  Swipe the card, print the receipt, server goes away so you can put in your tip in privacy, and everyone goes home a little faster."}
{"_id": "506991", "title": "", "text": "This would be my suggestion: I would approach the problem thinking about the loss of monthly income you (as a couple) will be facing due to your wife's change to a part time job and divide that loss between the two of you. This means that if she goes from 2200 to 1100 monthly, you'd be losing 1100 per month.  To share this loss, you could repay your wife your part of the loss (550) so both of you are 550 euro down. However, this 550 loss is a bigger burden for your wife than it is for you, so this amount could be adjusted to make up for this inequality.  To make calculations simple and avoid developing a complicated model, you could give the 800 euro above your 3k to your wife for as long as she has to work part time."}
{"_id": "507000", "title": "", "text": "Although I do not know about US Institutions; In India Banks have adopted a mix of features that mitigate the risk. Some ways that are used are;"}
{"_id": "507012", "title": "", "text": "I took a look at their cash flow and they spent 3 billion buying back shares and another 3 billion just last year in capex.  That is 6 billion right there.  I'm not sure what that capex was supposed to buy but it appears they aren't getting much of a payoff."}
{"_id": "507021", "title": "", "text": "These are not real gains. Wherever you're looking this up, the prices are not adjusted for corporate actions. In a reverse stock split the price of a single share multiplies by five, but as a shareholder you hold only one share after for every five that you did before."}
{"_id": "507029", "title": "", "text": "In general people make a few key mistakes with property: 1) Not factoring in depreciation properly. Houses are perpetually falling down, and if you are renting them perpetually being trashed by the tenants as well - particularly in bad areas. Accurate depreciation costs can often run in the 5-20% range per year depending on the property/area. Add insurance to this as well. 2) Related to 1), they take the index price of house price rises as something they can achieve, when in reality a lot of the house price 'rise' is just everyone having to spend a lot of money keeping them standing up. No investor can actually track a house price graph due to 1) so be careful to make reasonable assumptions about actual achievable future growth.  3) Failure to price in the huge transaction costs (often 5%+ per sale) and capital gains/other taxes (depends on the exact tax structure where you are). These add up very fast if you are buying and selling at all frequently. 4) Costs in either time or fees to real estate rental agents. Having to fill, check, evict, fix and maintain rental properties is a lot more work than most people realise, and you either have to pay this in your own time or someone else\u2019s. Again, has to be factored in. 5) Liquidity issues. Selling houses in down markets is very, very hard. They are not like stocks where they can be moved quickly. Houses can often sit on the market for years before sale if you are not prepared to take low prices. As the bank owns your house if you fail to pay the mortgage (rents collapse, loss of job etc) they can force you to fire sale it leaving you in a whole world of pain depending on the exact legal system (negative equity etc). These factors are generally correlated if you work in the same cities you are buying in so quite a lot of potential long tail risk if the regional economy collapses. 6) Finally, if you\u2019re young they can tie you to areas where your earnings potential is limited. Renting can be immensely beneficial early on in a career as it gives you huge freedom to up sticks and leave fast when new opportunities arise. Locking yourself into 20yr+ contracts/activities when young can be hugely inhibiting to your earnings potential \u2013 particularly in fast moving jobs like software development.  Without more details on the exact legal framework, area, house type etc it\u2019s hard to give more specific advise, but in general you need a very large margin of safety with property due to all of the above, so if the numbers you\u2019re running are coming out close, it\u2019s probably not worth it, and you\u2019re better of sticking with more hands off investments like stocks and bonds."}
{"_id": "507038", "title": "", "text": "December, 8, 2011 ( 01:30 pm) :-  Gold &amp; Silver good support by the investors who are keep maintaining their buy position in MCX &amp; Comex.  But spot traders has sold 1000 kg Silver on Wednesday. Apart from this Silver maintaining their support above $ 32 &amp; but also facing some resistance at $ 33.20.  If today $ 33.20, Silver able to trade above that level than we can fore see their prices up to $ 34 - 35 in short term but if all problems are sowed after the today meet.  Gold trend today totally bullish, If they trade above $ 1740 &amp; Rs 29250 in MCX, We can for see Gold prices up to $ 1760 - $ 1780 in Comex &amp; Rs 29500 - Rs 29700 in MCX."}
{"_id": "507077", "title": "", "text": "\"If you don't withhold enough you'll pay penalties. The best would be to withhold just enough not to have any additional liabilities or refunds at the end of the year. IRS gives you some space to play in case you miscalculate and withhold a little bit less (they'll \"\"look the other way\"\" if you end up withholding up to as low as 90% of your tax liability). Anything below that triggers penalties, interests and fees. IRS pub 505 for details.\""}
{"_id": "507096", "title": "", "text": "Do you have any electronic devices with rechargable batteries?  The science and understanding that lithium batteries degrade over time is very well known publicly.  It's not some secret or some corporate gooney conspiracy.  It's the limitations of the battery itself over time.  There are new batteries which show promise not to have this limitation but they are still in the research and development phase."}
{"_id": "507097", "title": "", "text": "You should know when to sell your shares before you buy them. This is most easily done by placing a stop loss conditional order at the same time you place your buy order. There are many ways to determine at what level to place your stop losses at. The easiest is to place a trailing stop loss at a percentage below the highest close price, so as the price reaches new highs the trailing stop will rise. If looking for short to medium term gains you might place your trailing stop at 10% below the highest close, whilst if you were looking for more longer term gains you should probably place a 20% trailing stop. Another way to place your stops for short to medium term gains is to keep moving your trailing stop up to just below the last trough in an existing uptrend."}
{"_id": "507107", "title": "", "text": "A non-resident alien is only allowed for deductions connected to producing a US-sourced income (See IRC Sec. 873). Thus you can only deduct things that qualify as business expenses, and State taxes on your wages. In addition you can deduct a bunch of stuff explicitly allowed (like tax preparation, charitable contributions, casualty losses, etc) but sales tax is not in that list."}
{"_id": "507108", "title": "", "text": "You are better off just placing a market order if you want to buy or sell straight away and avoid the queues. A market order will guarantee the purchase or sale of your shares, but it won't guarantee the price."}
{"_id": "507109", "title": "", "text": "So far there have been two complaints named here, and they both have to do with the service/repair side, which is an area I've never used.  Years ago I took a stereo to Circuit City to be repaired and it took them forever.  I was pissed about that.  I also took a computer to Fry's to be repaired once.  They eventually repaired it, but it took a little longer than I had hoped.  But it wasn't too bad, since they gave us a loaner to use in the meantime."}
{"_id": "507113", "title": "", "text": "\"Another way to look at budgeting: give yourself an explicit \"\"allowance\"\" -- possibly in a separate account -- and if something isn't a clear necessity it must be paid for out of your allowance, saving up first if necessary. You can get those concert tickets, but only if you cut down on expensive meals and toys and other entertainment for a while. You can have anything you want, but not everything and not immediately unless you learn to maintain an adequate balance in this account.\""}
{"_id": "507117", "title": "", "text": "with the semi-strong form of the Efficient Market Hypothesis expected dividends are priced into the options and security already. If you are able to locate such an arbitrage opportunity then you should take it, but I suspect it will be more more difficult than you think. Remember that many dividends require you to have been a shareholder by a certain date prior to the dividend occurring."}
{"_id": "507122", "title": "", "text": "How much finance and software engineering you're looking to do? I had a pleasure to work with a guy who did support (high level) for internal equity trading platform at IB (much less pleasure to work with). He moved to algo trading at another IB some time ago. He told me he started with 0 finance knowledge but by the time he was leaving by my account he was magician in proficiency in both fields. Took only a year or so."}
{"_id": "507128", "title": "", "text": "Having a debt on a balance sheet does impact the capability and willingness of the company to pay dividend. But more than this it depends on the profitability of the company.  If the company is profitable, there is no reasons why it's share holders should not be rewarded. If the company does not have debt, lot of money and no profit, normally no or a symbolic dividend is paid. It is a good move by Fort. Dividend is the effective way of paying something back to the shareholders."}
{"_id": "507139", "title": "", "text": "He wouldn't have to have his feet at risk if he bought an extra pair.    I like Asolos.  I buy a pair, break them in, and set them off to the side.  I bought another pair, did the same thing, and wear them periodically to keep the soles flexible.  It's worth it to me to have spares in case a pair needs to go to the shop."}
{"_id": "507141", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ceps.eu/publications/when-nobel-prize-goes-pop-richard-thaler-and-uncertain-future-nudge) reduced by 89%. (I'm a bot) ***** &gt; The popularisation of behavioural economics in the form of relatively straightforward experiments paved the way for a successful age of direct implementation in policymaking, as testified to by Thaler&amp;#039;s own involvement with the Behavioural Insights Team and the creation of similar teams in many other governments, including the US. Thaler was the economic genius behind &amp;quot;Nudge&amp;quot; as much as Cass Sunstein was the legal one.  &gt; The second is far more controversial: empirical literature reported by Sunstein himself revealed that &amp;quot;Nudgees&amp;quot;, those targeted by a given nudge, tend to be significantly affected only by the nudges they agree with, and in a related vein, &amp;quot;If people are told that they are being nudged, they will react adversely and resist&amp;quot;.  &gt; While in the short term modifying the order in which food is presented in a canteen might lead to increased consumption of healthy food over junk food, it is unclear whether individuals end up maintaining these new consumption choices over time, or simply learn where to find the food they wanted in the first place, thus neutralising the nudge.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77o9be/ceps_when_the_nobel_prize_goes_pop_richard_thaler/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231947 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Nudge**^#1 **individual**^#2 **economic**^#3 **behavioural**^#4 **policy**^#5\""}
{"_id": "507151", "title": "", "text": "I would go with the family route if I was you. And i think many other people would if they were fortunate to have such a great option.  This will allow you to move faster when your trying to buy a new house because you can easily get a mortage if you see a stellar deal. Also you can establish credit in much cheaper ways than paying the 4% or so on a mortgage. finance a car that you have the money to buy because the interest rates are much lower .9% and you build the credit while paying less interest. Or even better, try and make most of your purchases on a 0 fee credit card and every 6-8 months get a new credit card to have multiple lines of ongoing credit.  to use the mortage to establish credit isnt worth the 4% hit in wealth that it offers. now mind you if your options were to buy the house with your own money outright or get a mortgage i would say get the mortgage because the added leverage would help your investments beat the market most years . figure if you get 6% an average portfolio each year and you can write off the taxes on your mortgage you will be ahead by more than 2%"}
{"_id": "507156", "title": "", "text": "I agree with some of them, but these lists always fail to mention how important cash is. It's why up and coming billion dollar companies give away large stakes. Have solid cash reserves ready to be used can get you out of any tight jam you may be in. Whether it's paying somebody to fix something for you or covering an unexpected expense.  Cash is one of the Kings in the business world.  Other thing is that networking is a big one. I go to conferences when they are coordinated locally and have met a handful of solid people that way."}
{"_id": "507159", "title": "", "text": "You are a fucking moron. Do you really think India is stupid enough to let some franchisees openly steal McDonalds brand and run restaurants without the HQ engagement? McDs usually are in major metros with high incomes and high levels of visibility. Indian government can't afford to let a foreign brand be stolen in broad day light and there has never been an instance such a brand store is stolen EVER.  Advice from someone who lived in US for 20 and in India for 22 years - go visit India. For the most part, there is some levels of law and order - especially to foreign companies."}
{"_id": "507185", "title": "", "text": "Maybe that's just the company I work for, but I've been in this position for a little more than a year and it's been like that the whole time. Even before this position, there were a lot of 10 hour work days for me.   That's corporate America for you."}
{"_id": "507272", "title": "", "text": "This doesn't have anything to do with safety. It's about understanding what goes into something. You reference using every part of the buffalo, but they know what they're getting and what they're using. If BPI wants to label it and sell directly to consumers, they can feel free.  Additionally, it's entirely likely they *didn't* use the parts that were used to create pink slime, as it can only be extracted mechanically."}
{"_id": "507276", "title": "", "text": "\"Are these all of the taxes or is there any additional taxes over these? Turn-over tax is not for retail investors. Other taxes are paid by the broker as part of transaction and one need not worry too much about it. Is there any \"\"Income tax\"\" to be paid for shares bought/holding shares? No for just buying and holding. However if you buy and sell; there would be a capital gain or loss. In stocks, if you hold a security for less than 1 year and sell it; it is classified as short term capital gain and taxes at special rate of 15%. The loss can be adjusted against any other short term gain. If held for more than year it is long term capital gain. For stock market, the tax is zero, you can't adjust long term losses in stock markets. Will the money received from selling shares fall under \"\"Taxable money for FY Income tax\"\"? Only the gain [or loss] will be tread as income not the complete sale value. To calculate gain, one need to arrive a purchase price which is price of stock + Brokerage + STT + all other taxes. Similar the sale price will be Sales of stock - Brokerage - STT - all other taxes. The difference is the gain.  Will the \"\"Dividend/Bonus/Buy-back\"\" money fall under taxable category? Dividend is tax free to individual as the company has already paid dividend distribution tax. Bonus is tax free event as it does not create any additional value. Buy-Back is treated as sale of shares if you have participated. Will the share-holder pay \"\"Dividend Distribution Tax\"\"? Paid by the company. What is \"\"Capital Gains\"\"? Profit or loss of buying and selling a particular security.\""}
{"_id": "507281", "title": "", "text": "If you want to keep any consistent standard, you need to knuckle down and make those transaction entries. Honestly, this is a lot faster doing in bulk than doing day-by-day.  But change how you account so it isn't annoying.  I minimize my bookable transactions.  For instance I deposit all income whole (for tracking) but stop tracking when the money is converted to cash or gift card money - I log adding $50 to a McDonalds gift card, but not the individual meals.  I only use cash for the myriad small things I do not want to track - fast food, parking meters, etc.  Anything big or that I want to track goes on a credit card.  Then it's easy to reconcile credit cards to accounting system.   (Cathy) Ryan's Law: if it wasn't written down, it didn't happen."}
{"_id": "507284", "title": "", "text": "Very likely this refers to trading/speculating on leverage, not investing. Of course, as soon as you put leverage into the equation this perfectly makes sense.  2007-2009 for example, if one bought the $SPX at its highs in 2007 at ~$1560.00 - to the lows from 2009 at ~$683.00 - implicating that with only 2:1 leverage a $1560.00 account would have received a margin call. At least here in Europe I can trade index CFD's and other leveraged products. If i trade lets say >50:1 leverage it doesn\u2019t take much to get a margin call and/or position closed by the broker. No doubt, depending on which investments you choose there\u2019s always risk, but currency is a position too. TO answer the question, I find it very unlikely that >90% of investors (referring to stocks) lose money / purchasing power. Anyway, I would not deny that where speculators (not investors) use leverage or try to trade swings, news etc. have a very high risk of losing money (purchasing power)."}
{"_id": "507287", "title": "", "text": "I'm going to give the checkmark to Joe, but I wanted to convey my personal experience. I bank with TD in New Jersey and was informed by the teller that I simply needed to endorse the check myself and indicate Parent of Minor. I cannot attest if other banks will accept this, but it at least works for TD and my situation in particular."}
{"_id": "507292", "title": "", "text": "I'm making up an event with my school sponsored by the local building society. I need this for a presentation which I will be performing in front of the Chief Executive. What do companies invest in when you want them to sponsor you?"}
{"_id": "507298", "title": "", "text": "Can I Send the money back to my personal account of my mother/father in India? Why not? A huge number of Indians working in US are sending money to their parents. There may be multiple reasons like paying a mortgage/loan or sister's wedding or any personal reasons. Usually, there may be a reason column when you send money through any Remittance company.  Do I need to pay any tax here in US or my parents back in India? Parents are direct dependents in India. So you can share your money with your dependents. Your parents have to pay tax for whatever they are earning in India based on the tax slab and age they fit in. So you can even give them the power of Attorney to control your properties in India."}
{"_id": "507330", "title": "", "text": "\"You have a very narrow, short-term view of things. It's bad for society in the long-run. \"\"Get your cash now, fuck everyone else.\"\"  That's the way it is, I suppose ... and that's why things are falling apart all around us.\""}
{"_id": "507341", "title": "", "text": "I think the research and development will just move to places with weak patent protection. Africa is going to be a major market soon enough. All part of the oncoming brain drain that is about to hit the US, as recovery grinds to a standstill. Tons of major investors are already pulling out of U.S stocks..."}
{"_id": "507346", "title": "", "text": "Impossible to say without knowing more about your situation. Most likely you won't be able to secure a loan for money that you're just going to spend - getting a loan for property is easier because the bank owns the thing that you buy until you pay it back."}
{"_id": "507357", "title": "", "text": "Many of the Bitcoin exchanges mimic stock exchanges, though they're much more rudimentary offering only simple buy/sell/cancel orders.  It's fairly normal for retail stock brokerage accounts to allow other sorts of more complex orders, where once a certain criteria is met, (the price falls below some $ threshold, or has a movement greater than some %) then your order is executed.  The space between the current buy order and the current sell order is the bid/ask spread, it's not really about timing.  Person X will buy at $100, person Y will sell at $102.  If both had a price set at $101, they would just transact.  Both parties think they can do a little bit better than the current offer.  The width of the bid/ask spread is not universal by any means.  The current highest buy order and the current lowest sell order, are both the current price.  The current quoted market price is generally the price of the last transaction, whether it's buy or sell."}
{"_id": "507368", "title": "", "text": "\"I like Muro questions! No, I don't think they do.  Because for me, as a personal finance investor type just trying to save for retirement, they mean nothing. If I cannot tell what the basic business model of a company is, and how that business model is profitable and makes money, then that is a \"\"no buy\"\" for me.  If I do understand it, they I can do some more looking into the stock and company and see if I want to purchase. I buy index funds that are indexes of industries and companies I can understand.  I let a fund manager worry about the details, but I get myself in the right ballpark and I use a simple logic test to get there, not the word of a rating agency. If belong in the system as a whole, I could not really say.  I could not possibly do the level of accounting research and other investigation that rating agencies do, so even if the business model is sound I might lose an investment because the company is not an ethical one.  Again, that is the job of my fund manager to determine.  Furthermore and I mitigate that risk by buying indexes instead of individual stock.\""}
{"_id": "507371", "title": "", "text": "If you sell counterfeit goods by claiming that they are real, you're no better than people that just straight up steal money without the pretense of 'business'  If you sell counterfeit goods and acknowledge that they are counterfeit, you're in ethically better territory... but you're still taking an enormous legal risk that can't possibly be worth your middling profits."}
{"_id": "507385", "title": "", "text": "A credit balance can happen any time you have a store return, but paid the bill in full. It's no big deal. Why not just charge the next gas purchase or small grocery store purchase, to cycle it through?  Yes - unused cards can get canceled by the bank, and that can hurt your credit score. In the US anyway. I'm guessing it's the same system or similar in Canada."}
{"_id": "507408", "title": "", "text": "Basically a company who provides health insurance for their employees provides it as part of the employee's salary package. This is an expense by the company in its pursuit of making income. In general, tax deductions are available on any expense incurred in deriving income (the exception is when social policy allows deductions for other types of expenses). If you pay for your own health insurance individually, then this expense is not an expense for you to derive your income, and as such is not tax deductible."}
{"_id": "507420", "title": "", "text": "http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&amp;sid=464cbcd2c010c427c9369a688a92e5fe&amp;rgn=div8&amp;view=text&amp;node=7:3.1.1.9.32.3.354.12&amp;idno=7  &gt; (c) The producer of an organic livestock operation must not:  &gt; (1) Sell, label, or represent as organic any animal or edible product derived from any animal treated with antibiotics, any substance that contains a synthetic substance not allowed under \u00a7205.603, or any substance that contains a nonsynthetic substance prohibited in \u00a7205.604.  &gt; ...  &gt; (7) Withhold medical treatment from a sick animal in an effort to preserve its organic status. All appropriate medications must be used to restore an animal to health when methods acceptable to organic production fail. Livestock treated with a prohibited substance must be clearly identified and shall not be sold, labeled, or represented as organically produced."}
{"_id": "507428", "title": "", "text": "Merchants are only supposed to verify the presence of a signature, which signifies that the card owner has accepted the terms and conditions of the card / account. It was never really intended to be used to authenticate the card holder, nor is it used as such in practice."}
{"_id": "507431", "title": "", "text": "'We were encouraged en masse to apply to university, told a degree would guarantee us a good job, as long as we worked hard and did well.'     This is what is really aggravating me, I worked hard and did very well, and am about to graduate my masters with a pile of job rejections. I mean I know no one 'owes me anything', but when I was in secondary school, a lot was promised, and I hardly think having a large portion of well educated young people jobless, or in unskilled labour is anywhere near an efficient use of human resource, let alone the misery that goes along side it. (I really needed a little bit of venting)"}
{"_id": "507434", "title": "", "text": "Prefab steel structures are built offsite in factories in parts and them they are delivered to the site to be assembled into a complete building. This method of building comes with a lot of benefits. Today hotels, resorts, offices and other commercial building are opting for the prefab buildings due the huge advantages."}
{"_id": "507442", "title": "", "text": "Does not a reloadable card purchased from a store meet your requirements? Note, however, that my memory is that if you buy such a card in the US it can't be used outside the US--to keep it from being used to take money out of the country."}
{"_id": "507445", "title": "", "text": "\"First, bear in mind that you're talking about having an average of ~\u00a32000 saved up at any given time (if you spend all your stipend every quarter at a steady rate you'll start out with all of it and have none left at the end of the quarter), along with any long-term savings you manage to build up over time. In today's low-interest rate environment of ~1% interest rates, we're talking about approximately \u00a320/year interest. So it's not worth a huge amount of effort to optimise this. You mentioned a \"\"bonus\"\", but looking at the Charter Savings website I don't actually see one listed for either the Cash ISA or the savings accounts you mention. In general, banks in the UK actually use bonus rates as a short-term measure to suck in new customers, and the bonuses typically expire after a while leaving you with a worse rate. Also, I don't think either of the rates you mention is guaranteed - they are both listed as \"\"variable\"\". In reality, I doubt they will go down too much more, given that the likely next move in UK interest rates is upwards. The typical main advantage of an ISA is its tax free nature. But from your question I assume you don't have any other income, so you won't need to pay tax on any interest you earn outside an ISA either. Also, given that your budget is quite tight and you expect to spend most or all of your stipend, there's no advantage to using an account where you can build up long-term tax-free savings. Even if you do have a few thousand pounds left over by the end of your PhD, you'll easily be able to put those into an ISA at that point given the annual limit of \u00a320K. You're right not to want to take any risks with the money, and there aren't really any risk-free investments other than savings accounts available, at least on the timescales you're talking about. So overall I'd just go for the 1.26% return. Edit: as @marktristan's answer points out, you will probably be able to find a \"\"loss leader\"\" current account that actually offers more interest than a savings account. You'll need to either use a single current account and manage your budgeting carefully, or use a second current account as your \"\"savings\"\" account and make sure to set things up to satisfy the requirements of the account you choose, such as incoming payments or outgoing direct debits.\""}
{"_id": "507467", "title": "", "text": "Yeah, but is licensing a logo *from yourself* a legitimate expense?   I know this is /r/business, and if my accountant told me to do that, then I'd probably do that. But as a citizen and a taxpayer, I don't want global corporates to get away with tax evasion."}
{"_id": "507468", "title": "", "text": "Personally I'm not a huge fan of rebalancing within an asset class. I would vote for leaving the HD shares alone and buying other assets until you get to the portfolio you want. Frequent buying and selling incurs costs and possible tax consequences that can really hurt your returns."}
{"_id": "507473", "title": "", "text": "No, in fact you didn't really say anything, your initial comment just niggled on the fact he used the total bond market number instead of the muni bond market number from 2007-2008.  And were dead stilent on anything else about the article which would lead one to believe that that was all you saw fit to comment on.      Which is the equivalent to reading a story of a bank robbery and getting hung up on the article reporting the total dollar amount in the bank instead of the total dollar amount in the cash drawers that were robbed from and not talking about anything else.       Also your initial complaint about what numbers he uses for the bond market isn't a lie.  You personally feel that he should only mention the 2007-2008 bond market but if you actually read how he used it he wasn't saying anything other than that is the size of the bond market. IN the context it's used in the story there's nothing wrong with the number.  He didn't say they were scamming everything in the market it was a one off sentence about the size of the total bond market (that, in fact, is vulnerable to the exact same type of illegal activity he talked about)."}
{"_id": "507476", "title": "", "text": "If you're simply trading with your own money and have not incorporated, then you are not eligible for a solo 401(k).  Nerdwallet has an excellent Q&A on the topic here for example.  Solo 401(k) is only allowed to be funded with earned income, and capital gains are not earned income. From the IRS page on One Participant 401(k) plans: Elective deferrals up to 100% of compensation (\u201cearned income\u201d in the case of a self-employed individual) up to the annual contribution limit Earned income is defined by the IRS here: But not including: Even more clearly, that page notes: There are two ways to get earned income: You work for someone who pays you or You own or run a business or farm Capital gains are certainly neither of these. Now, I have read several articles suggesting one way to go about using the Solo 401k.  All of them suggest that you would need to incorporate in some fashion that would require a Schedule C tax return, though, and be trading with the company's money rather than your own, and then pay yourself a wage from that.  In that case you would be eligible for a Solo 401(k), and you might even be better off as a result of all that maneuvering (even though you'll be taxed at a higher rate for any income you do keep, likely, and have to pay self-employment tax)."}
{"_id": "507494", "title": "", "text": "Most of your arguments are actually bullshit assumptions that can be easily refuted.  You know what Hedge funds do to pensions? They fleece the pensions with fees and performance bonuses, but take no downside. Even that commie [Warren Buffet bets against them](http://www.forbes.com/sites/mitchelltuchman/2013/07/18/hedge-fund-vs-index-fund-a-comparison/). A simple indexed fund will outperform almost any hedge-fund just left on its own. And they won't be exposed to those great AAA rated CDS's that screwed over so many pension funds during the GFC. Oh, and who put those together? Investment Bankers...  As for the company in distress, it really seems like you have no idea how these things work. If a private equity jumps into a company, it is because of one of two things: Either they can realise a quick buck by dismanteling the company and selling off it's assets, or it's a company that has good revenue, but too many costs, in which they just trim down by fireing everyone they can get away with. They help no one buthemselves and the very few that get to keep their job.  To say that due to their long hours, investment banking analysts make sweatshop salaries is just a horrible misguided joke. even assuming they log in 100h a week for 52 weeks in a year, an [average intern salary](http://www.careers-in-finance.com/ibsal.htm) is of $24/hour, which as you see from the article, is well above any salary of any of the social workers (not just first years). And these go up by around 20% a year. Then, of course, you should add into the equation the fact that anybody working a consisten 100h a week is going to be very prone to making mistakes.  As for that fantastic skill-set you say you learn on the job, I would really love to see a study of some sort in which they compare the value added of an ivy league genius against that of a good student from a public university. Maybe then all of these bold assertions of how fantastic they are will fall to the ground.   The article does not have a lot of quality to it, but it does speak of an important matter. The amount of skilled workers that go into finance and investment banking is disastrous for the economy. If those minds could be applied to actually building things, inventing life-improving services, or generally organising society better, the whole world would be much better off than using those minds to try and outsmart eachother in ways to get investors money into the pockets of the hedge-fund managers and private bankers."}
{"_id": "507497", "title": "", "text": "\"That was a thought provoking read simply because it explains the guts needed to conquer a diverse market. Never has the term \"\"change or die\"\" been more important in business, and hospitality. The more important realization here is that McDonald's started out as a simple American business platform where brute numbers were what drove its business forward. To be profitable in France, it needed to flex its muscle a little bit and show that it could also be a diverse company as well. The same goes for McDonald's in Asia etc.\""}
{"_id": "507507", "title": "", "text": "Only average down super blue chips with a long history or better still, ETFs or index type funds. I do it with income producing funds as I'm a retiree. Other people may have much shorter horizins."}
{"_id": "507509", "title": "", "text": "Mazda is, hands down, the best manufacturer of affordable fun cars. While I mostly drive Audis, I've had the opportunity to put a substantial number of miles on a couple Mazdas lately (the Miata and the 3), both on the street and on the track, and they are both fantastic cars. It makes me wonder why anybody would ever buy a Toyota or Honda."}
{"_id": "507520", "title": "", "text": "This is because short term debt needs to be rolled over to finance the long term project and so, when interest rates rise they will be refinanced at a higher interest rate. This means that it will end up costing more than if the company had taken out a long term loan at the lower rate. A long term project implies that the beneficial (incoming) cashflows will be long term but with short term financing the debt will come payable sooner which is why it needs rolling over; any beneficial cashflows are not  enough to cover the debt."}
{"_id": "507524", "title": "", "text": "It can be argued that it is easier for people to get good paying jobs or get a better education is they can expect a minimum income from the government.    http://en.wikipedia.org/wiki/Basic_income  The main argument being that almost all of the money given out will be spent instead of saved and will quickly make it's way back into the supply side of the economy.  Also students can devote their college time to studying instead of working a job and going to school."}
{"_id": "507544", "title": "", "text": "Two different questions: Is it better to be in debt or to pay off the debt? And: Is it better to have student debt than other debt?  Any debt needs to be paid off eventually, and any debt makes you less flexible. So if you have the choice between spending/wasting your money and paying off debt, I would recommend paying off the debt.  The other question is whether having student debt is better than having other debt. You need to look at the terms of your student debt. Pay off the debt with the worst conditions first. Loan sharks (in Britain: pay-day loans) must be paid first. Credit cards debt must go next. Then general loans. Depending on your situation, you may want some savings as well. In case you lose your job, for example. So if you have $8,000 saved and an $8,000 student loan, you might consider waiting a bit before you pay back the loan. No job + $8,000 student loan + $8,000 in the bank is better than no job + no debt + no money in the bank."}
{"_id": "507556", "title": "", "text": "&gt; In many cases we are actually wasting energy by first burning coal to generate electricity, only to convert it back to heat again.  Yes and no.  Thermodynamically, you are correct in some cases.  What we gain, nowadays, with electricity generation is lower distribution costs and flexibility.  The value of that far exceeds the cost of any thermodynamic losses.  If it didn't, we wouldn't be using it quite as extensively."}
{"_id": "507562", "title": "", "text": "None of the 'solutions' to lowered enrollment included closing for-profit schools to increase enrollment in schools that are accredited and cost a lot less. Many for -profit schools are only money pits for the student loans and grants and don't graduate students or provide real skills for the workplace. Then, students are left with huge loans and no way to pay."}
{"_id": "507567", "title": "", "text": "&gt; They follow the coldly rational, impersonally merciless path of greatest profit in the most immediate term, without the slightest concern for your humanity or needs.  Watch out, your heart is bleeding on the floor.  Banks are a business, not a charity. They lend you money to make a profit. If you're not comfortable with that, don't take their money *and falsely promise to pay it back.*"}
{"_id": "507579", "title": "", "text": "Again, you have completely failed to grasp willingness to pay as an Economic concept, viewing it instead through the lense of your personal feelings.  A wealthy man has more money to spend on protecting his life, therefore in purely concrete terms an Economist would say he has a higher willingness to pay.  An idiot would make a value assessment based on the moral equivalency of a wealthy mans life to a poor mans life, fundamentally ignoring the important observation that a wealthy man will pay more than a poor man.  We're modeling behavior here, we're not sorting souls. Thats far above our paygrade as mortals."}
{"_id": "507584", "title": "", "text": "You need to prove to the IRS that it's you, so if you're calling you'll need to know the details of the tax return that only you would know (ss#, address, refund amount and more); alternatively you can go visit the IRS office closest to you with a proper form of ID."}
{"_id": "507590", "title": "", "text": "Why does it matter that 400 people were put out of work? Why does business have to be about giving people jobs? This frustrates me to no end.  Our quest to put people in jobs is not how we should see things. Trying to justify jobs is backwards thinking honestly. Look at government systems like NASA. The space shuttle turned out to be a disaster in terms of costs, and same thing seems to be happening with the new SLS program.  Why? Because congress was more concerned about keeping jobs than actually doing the job at hand. I really want to believe that the world of business is not going to devolve to that level.  I realize this is a rant, so feel free to report/downvote me."}
{"_id": "507596", "title": "", "text": "\"Going by the information from Goods and Services Tax (GST) on the Australian Government website, there seem to be a number of possibilities. Note: First I am neither a tax expert nor a lawyer; this is simply my interpretation of the rules on the page linked above. Second, this interpretation is based on the assumption that \"\"resells a service\"\" means you (at least technically) buy the service from another company and sell it on to the users of your app. Depending on the nature of the service, and possibly factors such as whether you are deemed to \"\"take possession\"\" during the transaction, it might be that different rules apply. Your Turnover is Under A$75,000 (Providing you're not reselling taxi services!) You won't need to register for GST, should not charge it, and your invoices should show that GST was not included in the price. However, if the turnover of the company whose services you are reselling is registered for GST, they will be charging you GST that you will not be able to claim back, so you would need to factor this into the price you charge your users (before any promotional discount). For example: Your Turnover is Over A$75,000 If your turnover is above the limit, you would need to charge GST on the final sale amount and pay this amount (one eleventh of the price your customer paid) to the Australian Government. You also have to send out properly-formatted tax invoices. However, it's probably safe to say the company you are buying the original service from will also be over the GST threshold, so you should be able to reclaim the GST that was charged to you by them.  For example: Here, your overall profit/loss is helped by the fact that you can reclaim the GST you were charged, and can under some circumstances result in an overall rebate. These figures assume you add 10% to your selling price to cover the GST you have to pay the Government. However, this may make your offering uncompetitive, so you may have to absorb some/all of the GST yourself.\""}
{"_id": "507604", "title": "", "text": "Our painters have years of experience in the industry, so you know that you\u2019re getting the best of the best when it comes to getting what you need for your next paint job. Give us a call today to make an appointment and to figure out what you want to do for your project. http://barwickpainting.com/contact-us/"}
{"_id": "507605", "title": "", "text": "Jk Web Solution Plus is a fastest growing compony .We at Jk Web , offers web development , web design services , language , language translation, content writing ,search engine optimization (SEO) , interpretation , traduzione ,and all Services,web application Services and Software Development . provide a varied array of services which ranges from Linguistic solutions to IT solutions. We realize the importance of communication in every business process along with the cross-cultural synergies that play a significant role. Hence, our linguistic solutions include document translations and interpretation services in foreign languages as well as Regional languages. Information Technology has proved itself as an essential component behind big success stories in today's world. To help achieve such business goals,we strive for excellence through IT solutions. Apart from these two principle activities, we also venture in Consultancy and Recruitment services .Jk Web is bleaming to offers you to reflect your ideas in your web site and meets your accusative meant by capturing biz world."}
{"_id": "507610", "title": "", "text": "Wow Abigail, could you be more vague about your assertion? &gt;It's tough to know what the exact catalyst will be Ok... &gt;When we take the long-term chart of the Dow  Ok so your assumption is based off of looking at the Dow? Really? We could perhaps be facing a correction, but the reasoning, and therefore this article, are really shit."}
{"_id": "507630", "title": "", "text": "Yes. You may be subjected to the US gift tax (if you transfer to anyone other than your legally married spouse or yourself). The receivers will have to deal with the Indian tax laws, which I'm not familiar with."}
{"_id": "507656", "title": "", "text": "A payment of $224 at 7.2% interest will pay off a $33000 mortgage in 30 years. Unfortunately, I'm on cold medicine so guessing was the only way I got to the answer, but I guessed right on the first try :). However, if you like algebra: The following formula is used to   calculate the fixed monthly payment   (P) required to fully amortize a loan   of L dollars over a term of n months   at a monthly interest rate of c. [If   the quoted rate is 6%, for example, c   is .06/12 or .005]. P = L[c(1 + c)n]/[(1 + c)n - 1]"}
{"_id": "507664", "title": "", "text": "There aren't only two factors at play here. There is more to success than hours worked and lucky circumstances. I don't claim to know the other factors, but I would like to give you an example.  Currently, I'm listening to Bach's Passacaglia and Fugue in C minor. It is truly an inspiring piece. Bach was, and still is, a great success. His genius has been rivaled very few times over the past 250+ years. Still, there are many composers who put in just as much work as Bach, yet are not as good. Both Bach and such nameless composers put conscious effort into the placements of their notes, so luck is not a factor. Both Bach and nameless composers also put in a comparable number of hours, yet Bach is just better. Clearly there must be some other factor deciding who is successful and who is not."}
{"_id": "507672", "title": "", "text": "Culture is always the first thing to go when the profits decline. Netflix has the bank to perk the shit out of the staff and the market attractiveness to promote a meritocracy during this growth phase... But when the margins disappear you can expect this attitude to change."}
{"_id": "507701", "title": "", "text": "PayPal. Or even Western Union or MoneyGram.  Despite their fees, there is a reason those companies are still in business."}
{"_id": "507706", "title": "", "text": "I see no humor at all, only disgust.\u00a0 People are being burned, just not at the stake.\u00a0 I see it more like decades of financiers leveraging his daddy's assets for him through multiple failures with con jobs, mob money, money laundering and\u00a0government welfare.\u00a0 95% of the population are more qualified to be president just because they are not a nut job.\u00a0 Playboy Chump is a nut job, an idiot, a fraud, a snake oil salesman and a garden variety asshole.\u00a0 Proof that democracy has failed at the hands of the powers that be."}
{"_id": "507710", "title": "", "text": "According to Wikipedia as well as this stock market trading-hours website, the Tehran Stock Exchange is open Saturday through Wednesday."}
{"_id": "507713", "title": "", "text": "One of the best money related trades people acquired is obtaining a property. Notwithstanding whether you are looking for a home buy or a pivotal event home strikingly, finding the right property at the right cost is basic for advance. Blue Ridge Royalty is a secretly had and worked for the association, and we are centered around our property clients."}
{"_id": "507739", "title": "", "text": "\"10 to 20% return on investment annually. \"\"When I hear that an investment has a 10%+ return on it I avoid it because...\"\". In my opinion, and based on my experience, 10% annually is not an exageration. I start to ask questions only if one talks about return of 30% annually or more. These kind of returns are possible, but very rare.  What sort of things do we need to look out for with alternative investment? First the quality of the website and the documentation provided. Then the resume of the founders. Who are those guys? I check their LinkedIn profile. If they have none, I am out. A LinkedIn profile is a minimum if you manage an investment company. I also look for diversification and this is the case with Yieldstreet. How do we assess the risks associated with alternative investments? I would never put more than 10% of my capital in any investment, alternative ones included. I also try to find financial information on the promoter itself. In Yieldstreet case check the legal advisor. I remember an international fraud case I analyse. The promoter I investigated had seven small trust involved: in British Virgin Islands, in Panama, in Holland, in Portugal, in the United States and Canada plus a banking account in Switzerland and the biggest shareholding company in the Isle of Man. No need to talk about what happened after. The investors were all non residents in the juridictions involved and no legal recourse were possible. They lost everything. These promoters regularly change juridictions to avoid detection. As far as Yieldstreet is concerned, what I read and checked seems interesting. Thanks for your question. I will check it out myself more. I am also a very cautious investor. To evaluate alternative investments is difficult , but no need to be afraid or to avoid them. We are accredited investors after all.\""}
{"_id": "507755", "title": "", "text": "I don't think there exists a guaranteed 5% investment vehicle. You have to decide how much risk you're willing to take. Splitting your $200k between CD's and stocks (or whatever higher yield investment vehicle you've found) is a way to get a higher rate without risking it all. For example if you've got a CD at 3%, and let's say best case is 10% average annual return on stocks, after 10 years here are potential results using various splits from 100% CD to 100% stock:   The best case based on 10% average stock return and 3% CD return is the Total line for each split, the worst-case would be the CD amount only. Reality could be almost anywhere, but not below the CD amount."}
{"_id": "507776", "title": "", "text": "They are a complete waste of money, see my answer here for more details."}
{"_id": "507777", "title": "", "text": "\"I think the answer to your question is no, in theory. By screening out funds, you must actively manage the investments. To then try to ensure you track the index closely enough, you have to do further management. Either you spend your own time to do this or you pay someone else.  This is ok, but it seems contrary to the primary reasons most people choose an index fund and why the product exists. You want a specific type of ethical investment(s) that has lower fees and performs well. I think you can get close, it just won't be like an \"\"index fund\"\". Don't expect equal results.\""}
{"_id": "507778", "title": "", "text": "I'm not here to call anyone fake news...but I have a question for you:   What leads you believe Mediabiasfactcheck.com is a reliable source on this topic, enough to use it as a source to justify your claims?  &gt; **Disclaimer**: The methodology used by Media Bias Fact Check is our own.  It is not a tested scientific method.  It is meant as a simple guide for people to get an idea of a source\u2019s bias.    It's not an organization or a research group: it's a website run by a single person who is the sole judge of all criteria necessary in determining how biased a media source is."}
{"_id": "507789", "title": "", "text": "First off--congrats on expanding.  Just the fact that you're doing that makes one of his points for him.  I learned this lesson at 18, watching the owner of the very popular shop sandwich shop where I worked.  Line around the block from open until close.  He easily made $200,000 a year, but he insisted on micromanaging.  If you're making $200K, why the hell are you making sandwiches next to my minimum wage college ass?  Run the business, not the minutia. He could have expanded to 5 shops (the way you're planning to expand your dad's business) and been making a million a year to work the same hours.  But he had a sick obsession with being involved in every last bit of the work being done.  Unfortunately, when people insist on running a one-man show, then that's all they'll ever be."}
{"_id": "507806", "title": "", "text": "\"Interestingly enough, \"\"strategic default\"\" seems to be more common than one might think in California and there is actually a lot of information available on it, to include a calculator that breaks down the numbers for you (although affiliated with a law office). Speaking from a purely financial standpoint, walking away only makes sense if it puts you in a better financial position than you were before while you had the mortgage. If you look at the downsides of walking away: The issues with the credit rating are will known but you need to take into account any open lines of credit you currently have as well as any need you might have to open a line of credit in the future. If you currently have credit cards, will the rates go up after the hit? On the housing side of things, you mortgage payment is currently a known quantity that will not change for the duration of the mortgage unless you do something to change it. However, it is fairly rare for rents to not change between years and if you want an apartment or house similar to what you currently have, you might find that the rent will fluctuate quite a bit between years and in the long run the rent might run higher than your current mortgage payment. Likewise, in the shorter term, if the landlord runs a credit check they might adjust what the rent is (or deny you the apartment) on the basis of the black mark on your history for reasons that other have mentioned. Another item to take into account is if you need to get a job in the future. Depending upon what you do for a living this might be a non-issue; however, if you are in a position of trust, walking away from a mortgage payment will reflect negatively upon your character unless you have a very good reason for it. This can lead to a loss of employment opportunities. Next, if you walk away from the mortgage you are walking away from the current value of the home and any future value that the home might have. If you like where you are living and aren't planning on moving to another part of the country, you are gambling that the market will not recover or that you would reach parity with what you owe by the time you need to sell the house. If you do plan on staying where you are and the house is in good repair, then in the long run you might be giving up quite a bit of money by walking away. These are a lot of factors to take into account though so its really hard to say one way or another if a strategic default is a good idea. In the long run you might come out ahead but knowing when that date is can be difficult to calculate. Likewise, in the long run it might adversely affect you and you might come to regret the decision.  If the payments themselves are a bit too high, perhaps you can refinance or negotiate with the bank for a lower payment? If you get a better rate but keep your monthly payments the same then you might reach parity with the mortgage much faster which would also be to your advantage.\""}
{"_id": "507811", "title": "", "text": "\"Can I rent a mailbox at UPS Store and use it as a physical business address? Depending on the type of business, this may not be allowed. However, there's no blanket restriction, so you need to check if for business of the type that you have this is not forbidden. In any case, there's \"\"business address\"\" and there's \"\"address of records\"\". The former can, for most part, be a PO box. The latter usually cannot. Check if Virginia requires \"\"address of records\"\" to be provided. Can I use my home address as a registered agent address? If yes, would my house be considered as a business property? or registered address is just an address that gonna receive mails from the government state? Yes, you can be your LLCs registered agent. The registered agent must be able to accept official deliveries during the regular business hours. PO box cannot be used for that purpose, it must be a physical address where there's someone present to sign for you when you're served with lawsuits and notices. If you are not at home during the regular business hours - you cannot provide your home address for that purpose. You will be using your home for business purposes, whether you're serving as your own registered agent or not. So depending on your county/city laws - it is likely that your home will be considered place of business either way. Can I use UPS mailbox store for both business address and registered agent? See above. What other options should I consider? You can hire a register agent in your State, it is usually $50-$100/year. They will scan whatever they receive and forward to you, usually within hours. Some also provide mail forwarding service (i.e.: they'll forward any mail for you, not only official correspondence), but that usually costs extra.\""}
{"_id": "507813", "title": "", "text": "Your best bet is to refinance the car in your own name only. Hopefully a year of making the payments has improved your credit score enough. If not, you can approach a loan officer at a credit union and make your case (that you haven't missed any payments, etc.). A new title should be sent to the new lien holder, and  in that process, if your ex needs to sign any paperwork, it can be done while refinancing."}
{"_id": "507816", "title": "", "text": "Sure.. its possible, its exactly what activist investors do (with institutional money - e.g. pension funds, family foundations).  Crowdsourcing probably implies an average &lt;$100 donation per contributor in your mind however, so you'd need a lot of contributors (as opposed to an institution writing a $1B check out of the box)  As a benchmark, you can start agitating even without owning shares, but it probably lends credibility to have a few percentage points.  As of today, GS's market cap is $46B, JPM's market cap is $122B, BAML's market cap is $77B... so you'd need at least $1B of capital to buy a percentage point or two.  At $100 per ticket. that's 10M individual donors."}
{"_id": "507828", "title": "", "text": "\"I'm adding to @Dilip's basic answer, to cover the additional points in your question.  I'll assume you are referring to publicly traded stock options, such as those found on the CBOE, and not an option contract entered into privately between two specific counterparties (e.g. as in an employer stock option plan). Since you are not obligated to exercise a call option you purchased on the market, you don't need to maintain funds on account for possible exercising.  You could instead let the option expire, or resell the option, neither of which requires funds available for purchase of the underlying shares. However, should you actually choose to exercise the call option (and usually this is done close to expiration, if at all), you will be required to fund your account much like if you bought the underlying shares in the first place.  Call your broker to determine the exact rules and timing for when they need the money for a call-option exercise. And to expand on the idea of \"\"cancelling\"\" an option you purchased: No, you cannot \"\"cancel\"\" an option contract, per se.  But, you are permitted to sell the call option to somebody else willing to buy, via the market.  When you sell your call option, you'll either make or lose money on the sale \u2013 depending on the price of the underlying shares at the time (are they in- or out- of the money?), volatility in the market, and remaining time value.  Once you sell, you're back to \"\"no position\"\".  That's not the same as \"\"cancelled\"\", but you are out of the trade, whether at profit or loss. Furthermore, the option writer (i.e. the seller who \"\"sold to open\"\" a position, in writing the call in the first place) is also not permitted to cancel the option he wrote.  However, the option writer is permitted to close out the original short position by simply buying back a matching call option on the market.  Again, this would occur at either profit or loss based on market prices at the time.  This second kind of buy order \u2013 i.e. made by someone who initially wrote a call option \u2013 is called a \"\"buy to close\"\", meaning the purchase of an offsetting position.  (The other kind of buy is the \"\"buy to open\"\".) Then, consider: Since an option buyer is free to re-sell the option purchased, and since an option writer (who \"\"sold to open\"\" the new contract) is also free to buy back an offsetting option, a process known as clearing is required to match remaining buyers exercising the call options held with the remaining option writers having open short positions for the contract.  For CBOE options, this clearing is performed by the Options Clearing Corporation.  Here's how it works (see here): What is the OCC? The Options Clearing Corporation is the sole issuer of all securities   options listed at the CBOE, four other U.S. stock exchanges and the   National Association of Securities Dealers, Inc. (NASD), and is the   entity through which all CBOE option transactions are ultimately   cleared. As the issuer of all options, OCC essentially takes the   opposite side of every option traded. Because OCC basically becomes   the buyer for every seller and the seller for every buyer, it allows   options traders to buy and sell in a secondary market without having   to find the original opposite party.   [...] \u00a0 [emphasis above is mine] When a call option writer must deliver shares to a call option buyer exercising a call, it's called assignment.  (I have been assigned before, and it isn't pleasant to see a position called away that otherwise would have been very profitable if the call weren't written in the first place!) Also, re: \"\"I know my counter party cannot sell his shares\"\" ... that's not strictly true.  You are thinking of a covered call.  But, an option writer doesn't necessarily need to own the underlying shares.  Look up Naked call (Wikipedia).  Naked calls aren't frequently undertaken because a naked call \"\"is one of the riskiest options strategies because it carries unlimited risk\"\".  The average individual trader isn't usually permitted by their broker to enter such an order, but there are market participants who can do such a trade. Finally, you can learn more about options at The Options Industry Council (OIC).\""}
{"_id": "507829", "title": "", "text": "Basically you'd take all the companies in a given universe (like the S&amp;P 500 or the Russell 3000) and instead of weighting them by market cap as they are currently done, you would weight by an alternative measure.  Right now, if you're invested in an index that is market cap weighted, you're effectively momentum chasing. If a stock runs up, you're going to have a higher weight in your portfolio because of it (but only after the increase).  An alternative that OppenheimerFunds has come up with is using revenue-weighting. That way you're using company fundamentals and only when the fundamentals are improving do you increase the weight in your portfolio.  I haven't yet seen any research that explores weighting by other fundamentals. I would think that revenues aren't perfect either and that you might want to weight by Net Income. Or to go several steps further, by year over year Free Cash Flow growth.   It could be a seminal paper if you are the one who empirically identifies a better weighting methodology and then have everyone else fight over the theoretical underpinnings.  This is effectively what goes into Smart Beta investing: http://www.investopedia.com/terms/s/smart-beta.asp"}
{"_id": "507835", "title": "", "text": "Most businesses have some sort of software to manage their client data.  Most of these various software and/or services are industry specific.  Black Diamond seems to be a client management tool targeting investment advisers. From the black diamond site Reach an unparalleled level of productivity and transform your client conversations. You don't need one of these unless you're a professional investment adviser with so many clients you can't track them yourself or need more robust reporting or statement generation tools. For your purposes most regular brokers, Fidelity, Schwab, Vanguard, TD, etc, have more than enough tools for the retail level investor.  They have news feeds, security analysis papers, historical data, stock screeners, etc.  You, a regular retail investor doesn't need to buy special software, your broker will generally provide these things as part of the service."}
{"_id": "507841", "title": "", "text": "Thanks for that, it did help.   I think my issue is I don't work in finance itself, I'm a lawyer, and 'capital' generally has a very specific meaning in English company law, where it refers exclusively to shareholder capital.   I realise capital in finance terms includes both debt and equity investment."}
{"_id": "507846", "title": "", "text": "\"Nothing stops you doing that, but there's no gain to be had by doing it. \"\"Removing it from being a tax liability\"\" isn't a single event that happens when you put money in an ISA. The money that actually goes into the ISA is post-tax income, not pre-tax income.  The benefit you get is that as long as you leave your money in the ISA, you don't pay tax on interest or capital gains within the ISA. If you liquidate an ISA immediately after creation, you won't get any such interest and therefore no tax benefit.\""}
{"_id": "507853", "title": "", "text": "You will normally have somewhere to designate which tax year you are contributing for when you make your contribution (either online or at the bank).  This designation is only required from Jan 1 - Apr 15 of each year, as any contributions before / after those dates will necessarily be for the calendar year that you contribute. You must make sure that your tax forms (1040 and anything else) show your total contribution for the tax year.  If you've put $1000 into your Roth IRA during the calendar year for 2010, and then you put in $2000 in March 2011 (but designated for 2010), you need to show the IRS that you put $3000 into your Roth IRA. As stated in another answer, the advantage is increasing the overall contribution limit in your lifetime.  If you open a brand new Roth IRA in March 2011, you can contribute $5000 for 2010 and another $5000 for 2011.  If you open the same account in May 2011, you are limited to only $5000 for 2011."}
{"_id": "507867", "title": "", "text": "I cringe every time I see Trump bragging about the stock market - the momentum is irrational and it's going to bite him in the ass before the end of his first term.  If he's taking credit it for it going up, then the blame is on him for it going down, right?  I just don't see any reality where we go another 3+ years without a normal correction without massive PPT intervention when they didn't even let it fully correct a year or two ago."}
{"_id": "507870", "title": "", "text": "Tax cuts do lead to economic growth, and why not?  More money circulating in the private economy is good for everybody.  It\u2019s why the stock market is up big on the prospect for tax cuts.  The problem is the rosy growth projections that accompany these plans.  The growth will occur, but the pace of growth is a big question and very hard to model.  So a prudent policy proposal would be to cut spending as well while the growth materializes.  Then (hopefully) that spending cut becomes permanent as the economy grows so the private economy grows at the expense of the state."}
{"_id": "507871", "title": "", "text": "PSB taxed at higher rates. PSB is taxed at 39.5% in Ontario, as the article mentioned. But if you pay all the net income to yourself as salary, you expense it and zero it out on the corporate level. So who cares what tax rate it is if the taxable income is zero? No-one. Same goes for the US, by the way. Personal Service Corporations are taxed at flat 35% Federal tax rate. But if you pour all the income into your salary - its moot, because there's no net income to pay tax of. If it's too complicated to figure out, maybe it would be wise to hire a tax accountant to provide counsel to you before you make decisions about your business."}
{"_id": "507875", "title": "", "text": "Think about it. IF you save $15K by buying a Honda or a Mazda, you can invest those money at modest 5% average, you'll have over 60K before you retire, which allows you to retire at least a year earlier.... So it is worth working an extra year in your life to have a fancier car? And that's a conservative investment."}
{"_id": "507892", "title": "", "text": "\"There's a bit of confusion here.  Michael's article you linked is focused on the issue of post-tax 401(k) deposits. For those new to this, it sounds like we are talking about Roth 401(k) money. Not so. The Roth IRA was introduced in 1998, and the Roth 401(k) in 2006. Before '06, people had the ability to deposit more to their 401(k) than the pretax limit of $15,000 into the account as \"\"after tax\"\" deposits. My understanding is that these funds were analogous to the non-deducted IRA deposits for those outside the income limits.  Michael goes on the point out that now, with the addition of Roth 401(k) and Roth IRAs, there are folk with pre and post Tax 401(k) funds and trying to crack them for transfer to Traditional IRA and Roth IRA may be problematic.  Aside from a recent thread here, there are separate accounts for the Roth 401(k) and Traditional 401(k), and it's possible for the traditional to contain post tax money, which, given the recent introduction of the Roth 401(k) conversion, should be easily addressable.\""}
{"_id": "507895", "title": "", "text": "&gt; \u2014 December 2008: Citi agrees to repurchase $7 billion in auction-rate securities it sold with the SEC for telling investors they were safe when it knew they were deteriorating. The SEC makes **Citi promise not to break the law it made Citi promise not to break again back in 2001, 2005, and 2006**  *slaps citi*  that's a BAD CITI !  you promise not to do it again, m'kay ?  citi : evil grin ''yes master''"}
{"_id": "507903", "title": "", "text": "Yep, but it you didn't answer my question (edit: I know it was phrased as a question, but I do know youre supposed to model changes in cash). When bankers calculate all three approaches, how do they compare them? From what I see, the conclusion of each approach gives us:  * Public Company Approach: Enterprise Value * Transaction Approach: Enterprise Value * Discounted Cash Flow Approach: Enterprise Value + Minimum Level of Operating Cash  Does an investment banker subtract out that minimum level of operating cash at the end of the calculation to get to a value that he can then compare?"}
{"_id": "507909", "title": "", "text": "This is the correct answer and is a concrete way to start to work on be legitimate problem of the income gap between the 1% and the rest of the population.  Ive tried, but never been able to justify the compensation earned by the fortune 100 CEOs."}
{"_id": "507917", "title": "", "text": "\"As best as I can understand, your payout is based on your AIME, which   is also capped at that same $118,500, so Trump's payout should also be   equivalently small, exactly proportional to this cap Not sure what you want from Bernie here, but that is correct. Is it accurate to say that Trump will be paid by social security as   though his actual income was $118,500, rather than his full income? Assuming Trump does pay that much (depends on how much of his income is actually subject to the FICA/SE tax), yes, it is accurate. However I believe what confuses you is the point Bernie Sanders made about people getting the same benefit while being rich. Bernie's point was that Trump and the likes don't need the social security income, while they're still getting it. Social Security is designed (at least theoretically) to be the safety net for people of age who cannot provide for themselves, thus it is not supposed to be \"\"you get what you paid\"\" system. This is a political discussion though. Social Security system, by definition, is based on a major principle of any socialist society: we as a group should support those who cannot support themselves. Thus, Bernie's point is that we shouldn't support Trump (and the likes) at all since they don't need that money. But they should still pay the tax to allow supporting those who do need, but cannot pay in.\""}
{"_id": "507983", "title": "", "text": "I'm an Australian who just got back from a trip to Malaysia for two weeks over the New Year, so this feels a bit like dejavu! I set up a 28 Degrees credit card (my first ever!) because of their low exchange rate and lack of fees on credit card transactions. People say it's the best card for travel and I was ready for it. However, since Malaysia is largely a cash economy (especially in the non-city areas), I found myself mostly just withdrawing money from my credit card and thus getting hit with a cash advance fee ($4) and instant application of the high interest rate (22%) on the money. Since I was there already and had no other alternatives, I made five withdrawals over the two weeks and ended up paying about $21 in fees. Not great! But last time I travelled I had a Commonwealth Bank Travel Money Card (not a great idea), and if I'd used that instead on this trip and given up fees for a higher exchange rate, I would have been charged an extra $60! Presumably my Commonwealth debit card would have been the same. This isn't even including mandatory ATM fees. If I've learned anything from this experience and these envelope calculations I'm doing now, it's these:"}
{"_id": "507995", "title": "", "text": "\"Should be titled, \"\"Facebook IPO: Could Mark Zuckerberg _Be Worth_ $24 Billion?\"\"  They are reportedly looking to float only 10% of shares, at $10 billion, valuing the company at $100 billion. That doesn't mean Zuckerberg gets a paycheck of $24B on that day.   While I think it's crazy that all these companies are getting such high valuations, I really want to see Facebook's financials. I also wonder how much worse Facebook will get with unnecessary shit when their goal is to meet their next quarter earnings.\""}
{"_id": "508001", "title": "", "text": "\"You don't seem to understand wealth. It's not money, really.  Wealth is more good stuff to people. It really doesn't matter how it's distributed for it to be wealth.  If you just give poor people money, you might actually improve things, like lobotomia might improve brains. Mix it, and it might settle in better order.  The economy \"\"grows\"\" because people get more good stuff done than they consume. If you pay people for doing nothing in massive scale, you're just making them consume, but not to make any good stuff. They probably spend the money on something that will make more good stuff to people, that's true. And that's the reason why you might get a way with one time lobotomia, but it's terrible if you are competing with countries who don't do missteps, and every expense they do increases the economy in itself + the effect above.  How you should give money away? As an investment to a company that is making a new conquer. Jobs, goods and more competition, all good.\""}
{"_id": "508055", "title": "", "text": "Credit products and securitized debt.  Credit/debt is the flip side of equity but has less volatility. In today's investing environment people are not looking for a big return as much as less risk with a modest return. Another trend I think you will see is the disappearance of the wall between interest rate products/fixed income and credit products."}
{"_id": "508070", "title": "", "text": "Nothing will happen. It will not affect your credit score. You are not in trouble.  :) Assuming that you didn't already agree to a purchase contract, you are not obligated to purchase simply because you had a pre-approval credit check done. However, even if you did, since they aren't shipping yet, you could probably cancel. If you are in doubt, talk to customer service to ensure that they aren't planning on shipping one to you.  They did check your credit report (known as a hard pull), and this does temporarily affect your credit score. However, it affects it the same whether you complete the purchase or not. If you have another credit check done with another seller, it will result in another hard pull, affecting your credit score a little more. But I wouldn't worry about a few hard pulls if you need to do some shopping. Just don't go overboard, and you'll be fine."}
{"_id": "508078", "title": "", "text": "\"Yes, you can make the election to file your LLC as an S-Corp, and Turbo Tax Business can help you with the S-Corp business return. You need to make sure you're set up correctly and there are a lot of things to be aware of. For example, the whole \"\"reasonable salary\"\" thing is a can of worms. So while the answer to your question is \"\"yes, it's manageable, you can do it on your own,\"\" it might be worthwhile to have a professional help you the first year, make sure it's set up right, and then you can do it on your own in subsequent years.\""}
{"_id": "508086", "title": "", "text": "\"They're not necessarily *assigning the risk* outright, because it's just an option. If a company makes a certain product there's often some forethought put in to spare parts from the outset. It's not exactly a huge risk for a company to order knobs in a lot of 15,000 and keep 500 as spares.   What *is* way cooler is the possibility of a company not having to make a physical product at *all*, but simply providing designs to the customers once a certain limit of buyers has been reached, somewhat like a kickstarter campaign. The article talked about this briefly, but I think that's where the real revolution will happen.  Neal Stephenson touches on this in \"\"The Diamond Age\"\", I believe, in which 3D printers are vending-machine-type boxes in every street-corner 7-11. You purchase a product that's made on the spot, no matter what it is.\""}
{"_id": "508115", "title": "", "text": "I wish it were easy to do in person.  My targets are produce buyers at mostly large supermarket chains. They're not anywhere near me. Gatekeepers are rarely the problem. Getting their attention for a few minutes is."}
{"_id": "508124", "title": "", "text": "Unlike conventional retail stores, malls offer experiences, as /u/grant622 said. In a world dominated by social media, this not only provides businesses with free publicity if they execute well and people talk about what they did online, but it also provides an incredible amount of value to the consumer, and people are more likely to come in and buy even if they weren't necessarily planning on getting anything in the first place.  Movie theaters, bowling alleys, hell, even restaurants are basically becoming the foundation for retail businesses. I work in one of these , and the amount of customers we bring in from the area far exceeds that of any of the other businesses."}
{"_id": "508134", "title": "", "text": "So you'd prefer someone else to do your work for you? Someone figure out who's the bad guy, and figure out how to punish them? You are too busy filling your Jeep and drinking your latte to actually be a responsible member of society? It is attitudes like that which lead to tyranny. How can you trust those in power, if you have no idea whats right or wrong?"}
{"_id": "508144", "title": "", "text": "Theoretically, it's a question of rate of return. If a desired or acceptable rate of return for market makers' capital is X, and X is determined by the product of margin & turnover then higher turnover means lower margin for a constant X.  Margin, in the case of trading, is the bid/ask spread, and turnover, in the case of trading, is volume. Empirically, it has been noted in the last markets still offering such wide-varying evidence, equity options: http://faculty.baruch.cuny.edu/lwu/890/mayhew_jf2002.pdf"}
{"_id": "508152", "title": "", "text": "\"Remember the 1st Law of Technical Analysis: \"\"For every analysis there exists an equal and opposite analysis.\"\"  And the 2nd Law of Technical Analysis: \"\"They're both wrong.\"\" Technical analysis in the absence of hard data is just a lot of hand-waving meant to dazzle CNBC viewers and rope would-be day traders into paying for colored-plot-filled trading platforms. How, mathematically, do you define a bull trap?  Does the lead in trendline have to have a certain minimum/maximum slope?  Does the trough have to be below/above a certain percentage of the peaks?  Does the entire period have to encompass less/more than a certain number of trading days?  Etc. Before you attempt to use such an analysis to predict the future direction of a stock price you need to be able to answer the above questions (and more) rigorously.  Only then can you test your definition against historical stock movements to see whether it has predictive power.  If it doesn't have predictive power, then you start over or tweak your definition until it does. Notice that once you're done with all of the above work you are no longer doing technical analysis and are now doing statistics!\""}
{"_id": "508184", "title": "", "text": "Here's a different take:  Look through the lists of companies  that offer shareholder perks. Here's one from Hargreaves Lansdown.  See if you can find one that you already spend money with with a low required shareholding where the perks would actually be usable.  Note that in your case, being curious about the whole thing and based in London, you don't have to rule out the AGM-based perks, unlike me. My reason for this is simple: with 3 out of 4 of the companies we bought shares in directly (all for the perks), we've made several times the dividend in savings on money we would have spent anyway (either with the company in which we bought shares or a direct competitor).  This means that you can actually make back the purchase price plus dealing fee quite quickly (probably in 2/4 in our case), and you still have the shares. We've found that pub/restaurant/hotel brands work well if you use them or their equivalents anyway. Caveats: It's more enjoyable than holding a handful of shares in a company you don't care about, and if you want to read the annual reports you can relate this to your own experience, which might interest you given your obvious curiosity."}
{"_id": "508185", "title": "", "text": "The other issue you could run into is that each deferred account is going to be subject to its own RMD's (Required Minimum Distributions) when you've retired or hit 70.5 years of age.  Roth's don't generally care about RMD's at first, but are still subject to them once the person that created the Roth has passed.  Having fewer accounts will simplify the RMD stuff, but that's really only a factor in terms of being forced to sell 'something' in each account in order to make the RMD.   Other than that, it's just a matter of remembering to check each account if you come to a decision that it's time to liquidate holdings in a given security, lest you sell some but forget about the rest of it in another account.  (and perhaps as Chris pointed out, maybe having to pay fee's on each account for the sale)  Where this really can come into play is if you choose to load up each individual account with a given kind of investment, instead of spreading them across the accounts.  In that case RMD's could force you into selling something that is currently 'down' when you want to hold onto it, because that is your only choice in order to meet RMD's for account X.  So if you have multiple accounts, it's a good idea to not 'silo' particular vehicles into a single account, but spread similar ivestments across multiple accounts, so you always have the choice in each account of what to sell in order to meet an RMD. If you have fewer accounts, it's thus a lot easier to avoid the siloing effect"}
{"_id": "508202", "title": "", "text": "The reality is that for labor is cheap for software startups. A couple of founders can usually take a prototype to the point where they can get the seed capital to hire labor at market rates, so why would they give up significant equity to employees? Plus, if they need cheap employees, there are always contractors and naive new grads who will gladly take below-market salary for 0.1% of the company. (in options, vested over four years, of course)"}
{"_id": "508211", "title": "", "text": "\"File a John Doe lawsuit, \"\"plaintiff to be determined\"\", and then subpoena the relevant information from Mastercard.  John Doe doesn't countersue, so you're pretty safe doing this.  But it probably won't work.  Mastercard would quash your subpoena.  They will claim that you lack standing to sue anyone because you did not take a loss (which is a fair point).    They are after the people doing the hacking, and the security gaps which make the hacking possible.  And how those gaps arise among businesses just trying to do their best.  It's a hard problem.  And I've done the abuse wars professionally.  OpSec is a big deal.  You simply cannot reveal your methods or even much of your findings, because that will expose too much of your detection method.  The ugly fact is, the bad guys are not that far from winning, and catching them depends on them unwisely using the same known techniques over and over.  When you get a truly novel technique, it costs a fortune in engineering time to unravel what they did and build defenses against it.  If maybe 1% of attacks are this, it is manageable, but if it were 10%, you simply cannot staff an enforcement arm big enough - the trained staff don't exist to hire (unless you steal them from Visa, Amex, etc.)  So as much as you'd like to tell the public, believe me, I'd like to get some credit for what I've done -- they just can't say much or they educate the bad guys, and then have a much tougher problem later.  Sorry!  I know how frustrating it is! The credit card companies hammered out PCI-DSS (Payment Card Industry Data Security Standards).  This is a basic set of security rules and practices which should make hacking unlikely.  Compliance is achievable (not easy), and if you do it, you're off the hook.  That is one way Amy can be entirely not at fault.  Example deleted for length, but as a small business, you just can't be a PCI security expert.  You rely on the commitments of others to do a good job, like your bank and merchant account salesman.  There are so many ways this can go wrong that just aren't your fault.   As to the notion of saying \"\"it affected Amy's customers but it was Doofus the contractor's fault\"\", that doesn't work, the Internet lynch mob won't hear the details and will kill Amy's business. Then she's suing Mastercard for false light, a type of defamtion there the facts are true but are framed falsely.   And defamation has much more serious consequences in Europe.  Anyway, even a business not at fault has to pay for a PCI-DSS audit.  A business at fault has lots more problems, at the very least paying $50-90 per customer to replace their cards.  The simple fact is 80% of businesses in this situation go bankrupt at this point.   Usually fraudsters make automated attacks using scripts they got from others.  Only a few dozen attacks (on sites) succeed, and then they use other scripts to intercept payment data, which is all they want. They are cookie cutter scripts, and aren't customized for each site, and can't go after whatever personal data is particular to that site. So in most cases all they get is payment data. It's also likely that primary data, like a cloud drive, photo collection or medical records, are kept in completely separate systems with separate security, unlikely to hack both at once even if the hacker is willing to put lots and lots of engineering effort into it.  Most hackers are script kiddies, able to run scripts others provided but unable to hack on their own.   So it's likely that \"\"none was leaked\"\" is the reason they didn't give notification of private information leakage.  Lastly, they can't get what you didn't upload.  Site hacking is a well known phenomenon.  A person who is concerned with privacy is cautious to not put things online that are too risky.  It's also possible that this is blind guesswork on the part of Visa/MC, and they haven't positively identified any particular merchant, but are replacing your cards out of an abundance of caution.\""}
{"_id": "508214", "title": "", "text": "I like how it takes China to figure out that Bitcoin is just as silly as Dogecoin.  Meanwhile the West continues forging ahead re-discovering all the reasons why we use regulated, reputable institutions for banking.    But who cares?  It isn't Wallstreet that's going to lose their ass on this one."}
{"_id": "508219", "title": "", "text": "\"Basically, the idea of an IRA is that the money is earned by you and would normally be taxed at the individual rate, but the government is allowing you to avoid paying the taxes on it now by instead putting it in the account. This \"\"tax deferral\"\" encourages retirement savings by reducing your current taxable income (providing a short-term \"\"carrot\"\").  However, the government will want their cut; specifically, when you begin withdrawing from that account, the principal which wasn't taxed when you put it in will be taxed at the current individual rate when you take it out. When you think about it, that's only fair; you didn't pay taxes on it when it came out of your paycheck, so you should pay that tax once you're withdrawing it to live on. Here's the rub; the interest is also taxed at the individual rate. At the time, that was a good thing; the capital gains rate in 1976 (when the Regular IRA was established) was 35%, the highest it's ever been. Now, that's not looking so good because the current cap gains rate is only 15%. However, these rates rise and fall, cap gains more than individual rates, and so by contributing to a Traditional IRA you simplify your tax bill; the principal and interest is taxed at the individual rate as if you were still making a paycheck. A Roth IRA is basically the government trying to get money now by giving up money later. You pay the marginal individual rate on the contributions as you earn them (it becomes a \"\"post-tax deduction\"\") but then that money is completely yours, and the kicker is that the government won't tax the interest on it if you don't withdraw it before retirement age. This makes Roths very attractive to retirement investors as a hedge against higher overall tax rates later in life. If you think that, for any reason, you'll be paying more taxes in 30 years than you would be paying for the same money now, you should be investing in a Roth. A normal (non-IRA) investment account, at first, seems to be the worst of both worlds; you pay individual tax on all earned wages that you invest, then capital gains on the money your investment earns (stock gains and dividends, bond interest, etc) whenever you cash out. However, a traditional account has the most flexibility; you can keep your money in and take your money out on a timeline you choose. This means you can react both to market moves AND to tax changes; when a conservative administration slashes tax rates on capital gains, you can cash out, pay that low rate on the money you made from your account, and then the money's yours to spend or to reinvest. You can, if you're market- and tax-savvy, use all three of these instruments to your overall advantage. When tax rates are high now, contribute to a traditional IRA, and then withdraw the money during your retirement in times where individual tax rates are low. When tax rates are low (like right now), max out your Roth contributions, and use that money after retirement when tax rates are high. Use a regular investment account as an overage to Roth contributions when taxes are low; contribute when the individual rate is low, then capitalize and reinvest during times when capital gains taxes are low (perhaps replacing a paycheck deduction in annual contributions to a Roth, or you can simply fold it back into the investment account). This isn't as good as a Roth but is better than a Traditional; by capitalizing at an advantageous time, you turn interest earned into principal invested and pay a low tax on it at that time to avoid a higher tax later. However, the market and the tax structure have to coincide to make ordinary investing pay off; you may have bought in in the early 90s, taking advantage of the lowest individual rates since the Great Depression. While now, capital gains taxes are the lowest they've ever been, if you cash out you may not be realizing much of a gain in the first place.\""}
{"_id": "508286", "title": "", "text": "\"While I'm sure there's some truth to the argument that unsophisticated retail investors index against the S&amp;P 500 thinking that they're tracking \"\"the market,\"\" I don't think it makes sense to steer the S&amp;P 500 in that direction to cater to that lowest common denominator. The *ad absurdum* conclusion of that course of action, of course, would be to abolish the S&amp;P 500 entirely and move those assets into the S&amp;P Total Market Index. But clearly there's value in having an index that tracks US large-caps with single share classes, just as there's value in having an index that tracks US large-caps in general.  As for whether it will be a loss for passive investors...it will be interesting to see how that pans out. Maybe good corporate governance and direct accountability by managers really do contribute positively to returns in the long run and investors will benefit from this change as a result. Or maybe this will result in companies with multiple share classes being undervalued and create an opportunity to earn outsized returns by investing in them, and indexes that omit those companies will underperform. Only time will tell.\""}
{"_id": "508298", "title": "", "text": "I am a worker in a (salaried) skilled position, and I get compensation time off or over time for my hours. Hell I even get paid more if I have to work at none standard hours of the day. Why shouldn't they?"}
{"_id": "508299", "title": "", "text": "\"I think they're going beyond using religion to sell light bulbs. I think they are trying to use light bulbs to sell religion. That's what's crazy about it.  \"\"Great light bulbs, don't you think? We have a savior too if you want that. Quality is comparable, comes with a lifetime warranty.\"\"\""}
{"_id": "508300", "title": "", "text": "\"&gt; people these days believe income is a human right or something.  I believe a full day's work for a living wage is a right, yes.  Do you think a full day's work for a non-living wage is moral?  &gt; if you are not happy with the amount of income you currently make, stop using the internet to bitch about it and use it to better and add value to yourself.  Your argument ignores the possibility that the game is rigged.  People can do things to get a better life in the Hunger Games but that doesn't mean they are fair/moral or part of a society I want to live in.  &gt; The idea of \"\"a fair share of income\"\" teeters on communism, if you ask me.  In our society we need farm workers, ditch diggers, security guards, and dishwashers.  It seems fair to me that if society needs these positions filled then they should pay a wage that allows these workers to be part of the society they enable. I think doing anything else is barbaric.\""}
{"_id": "508305", "title": "", "text": "And they also benefit the most for all the infrastructure that makes both their business and their customer base possible. You don't earn money if nobody can afford your products, you can't make and ship products without reliable logistics, energy sources, and communications."}
{"_id": "508324", "title": "", "text": "Out of curiosity, why do you believe people will be all gung-ho for $35/hr. but not getting out of bed for $30?  The bus idea is interesting, but it would be difficult to coordinate. Any given farm probably needs no more than one person, so you would have to find all the businesses in the general region needing workers (which may or may not be farms), and hope they too find suitable people in the same city.  If you had a send a car for the person, you'd be paying more like $55/hr. when you factor in the perk offered."}
{"_id": "508338", "title": "", "text": "\"Let's do some simple math: you front 1500, they leverage you 10:1.  You now have 15K. 3$/15000. Basically you are going to be paying to say buy 100 SPY's @ 133 ($13300 total) 3$. I pay 1$ for the same trade.  How many trades a day are you going to have to make on that to make money? as 10 points on SPY = 1$ per share (and this is if you're good).  Your average win on trades might be 0.2c * 100 = 20$ If you can make \"\"5\"\" good trades that would set you back 3*2*5=30$  From your potential 100$ take in this case you would walk home with 70$ but wait theres more!, you only get 80% of this and they get 20%. So you get 56$ and they get 14.  They have made a total of 44$ in this case,you've made 56$.  How far are they gonna leverage you and what kinda sizes can you trade up to on 3$ transaction cost?\""}
{"_id": "508343", "title": "", "text": "Because most people aren't willing to sacrifice their ability to live in the US for 100k. Remember that you can't pull this off multiple times easily.   So as a one and done kind of deal, 100k isn't a great trade for the right to live in tthe US or whatever country you have roots in, particularly once you factor in:"}
{"_id": "508350", "title": "", "text": "If you are a small business, you're likely not doing said business at razor thin margins and making your profits on volume like walmart does.  Even minor increases in wages have a sweeping affect on their margins because they are a a huge company.  It's the same principle of why McDonalds started limiting and/or charging for ketchup packets.  At scale, there are massive costs."}
{"_id": "508375", "title": "", "text": "I think it has more to do with Amazon Go than grocery delivery. Companies have been trying to make online grocery delivery services popular for decades now.  However, it still only represents about 1-2% of the grocery sales.  I am sure Amazon will do what they can to make delivery more popular, but Amazon Go and the Whole food purchase looks like Amazon has figured-out most people prefer to go to the grocery store."}
{"_id": "508381", "title": "", "text": "\"A slower approach: keep any discussion of income out of it to begin with. Remaining within discretionary income Z, just go back to the charities your SO has proposed, and say that you would like to set up monthly donations. You would also like to donate a similar amount to charities of your choice. Say what bills your proposed contribution is less than. Once your SO has got used to the idea of charitable giving as a regular expenditure, and has got back the grateful charity newsletters and whatnot, then address the issue of how much you \"\"should\"\" give by comparison with income. Whenever you do consider income, your SO doesn't really seem to want anything to do with this. So I'd approach it as seeking agreement. Eric Lippert has a more long-term approach for seeking involvement. So, present the following information however seems best, probably with a pre-amble establishing that you both want to support charities, so the question is how much and how to get it done. \"\"We earn U. This means we are fortunate enough to be in the top V% of households. Our income breaks down as: This being the case, we can afford to be generous. I would like us to give to the charities that we each care about, to the extent of N. Charitable giving is important to me because ... The amount I suggest we give is less than what we spend annually on ..., and I chose that amount because ... \"\" Depending on the tax situation, you may then have to explain how N from gross income translates to an actual amount available to give to charity. Or charitable giving might be tax free. If the N you want is greater than Z-A then it might be wise to suggest a smaller amount, but ask that you both make a plan in increase it in a year or whatever. Similarly if N strikes your SO as a scarily large number then I would think the best thing to do is just reduce it so that at least you start somewhere. If Y is low or zero, and your SO suffers from anxiety about financial security, then increasing Y at the same time might be a good way to offset the fear of N. When stating income you might want to exclude any income from savings/investments. Although legally it's income your SO might see it psychologically as capital gains and hence touching it would endanger your savings/investment/pension returns. Even though it's all fungible.\""}
{"_id": "508385", "title": "", "text": "One of the biggest laws in economics is that if an opportunity is very profitable and is very easily exploitable even by complete beginners, then it will very soon stop being profitable. That's how the market works. If you buy stock when it is at the lowest, then you are making money, but most of the time someone else is losing money. And if there was a magic hour of the day when buying would be the most profitable, then soon everybody would want to buy at that time and no one would want to sell anything, so the scheme would collapse."}
{"_id": "508387", "title": "", "text": "I recently lent some money to my sister.  While I generally agree with Phillip that lending to family and friends should be avoided, I felt I needed to make an exception.  She really needed the cash, and my husband and I agreed that we would be ok without it.  Here are some guidelines I used that may be helpful to others: In the end, I think lending to family and friends should be avoided, and certainly should not be done lightly, but by communicating clearly and directly, and keeping careful records, I think you can help someone out and still avoid the lingering awkwardness at future Thanksgivings when one person is convinced that the other owes one more payment, and the other swears it was paid in full."}
{"_id": "508405", "title": "", "text": "Outside of software that can calculate the returns:  You could calculate your possible returns on that leap spread as you ordinarily would, then place the return results of that and the return results for the covered call position side by side for any given price level of the stock you calculate, and net them out. (Netting out the dollar amounts, not percentage returns.)  Not a great answer, but there ya go. Software like OptionVue is expensive"}
{"_id": "508412", "title": "", "text": "It will be ones that provide actual service. It's going to be a return to the past IMO where the only brick and mortar stores that really survive are the ones who give a shit about you. For everything else... people will just buy their toilet paper, Fraggle Rock collector sets and god knows what else from Amazon or whoever else will give them the best price."}
{"_id": "508417", "title": "", "text": "\"Possibly the best answer to why America became globally dominant after WW2 was written by a FRENCHMAN, Jean-Jacque Sergen-Schreiber, Le Defi American (The American Challenge). Probably the only legendary investor of the proper age to benefit from WW2 was John Templeton, who borrowed $10,000 before the war, and ended up with $40,000 afterward (both worth about ten times more in today's money). His story, and that of others, can be found in John Train's, \"\"The Money Masters.\"\"\""}
{"_id": "508433", "title": "", "text": "That whole sexual harassment thing isn't really enforced. Most married couples meet at work and it has to start somewhere. If you see a nice piece of ass and there isn't a ring on the finger, go for it. If there is a ring, well, that's makes it a bit more fun.   Besides, nobody stays at companies for 30 years anything, the tail you're nailing will most likely move up and out or something."}
{"_id": "508438", "title": "", "text": "Pretty sure the null hypothesis here is that trading equities at a high frequency is a zero sum game.   The is no gain that isn't someone else's loss.  No goods are created, no knowledge is gained, no value is produced.  Note, I didn't say value is destroyed either."}
{"_id": "508453", "title": "", "text": "I know your question is about your credit score, but practically speaking, you should pay of the debt with the highest interest rate first. Doing do will save you money, which is the same net effect as making more money. Your time frame to pay it all off is short (you said 6 month), but just in case it takes longer, take care of the expensive debt first."}
{"_id": "508454", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://80000hours.org/articles/effective-social-program/) reduced by 96%. (I'm a bot) ***** &gt; The vast majority of social programs and services have not yet been rigorously evaluated, andof those that have been rigorously evaluated, most, including those backed by expert opinion and less-rigorous studies, turn out to produce small or no effects, and, in some cases negative effects.  &gt; In terms of the effects themselves, I was basing my estimate to Give Well on the general rule we used at the Coalition to determine if something &amp;quot;Worked&amp;quot; - i.e., whether it was found in a well-conducted RCT to produce sizable, sustained effects on important outcomes.  &gt; The replication crisis is thought to be happening because existing statistical techniques provide lots of opportunities to increase the apparent significance of the effects, and positive effects are far more likely to be published than negative effects.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6sx05m/is_it_fair_to_say_that_most_social_programmes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~188164 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **effect**^#1 **work**^#2 **intervention**^#3 **study**^#4 **more**^#5\""}
{"_id": "508457", "title": "", "text": "From the employer side there are A LOT of legal duties attached to sponsoring a 401(k).  If you are asking this question I would not suggest attempting to meet all of the regulations related to handling employee money internally. There are certain annual filings, periodic notices, accounting etc related to these kinds of plans, and the fines for non-compliance are extraordinary.  You would be far better off seeking a separate vendor, in my opinion."}
{"_id": "508475", "title": "", "text": "\"Realtor.com gives the following list of \"\"best renovations for the money\"\" and they include ROI numbers: You can see that people generally get ~80-85% of their money back on home improvement projects.  If the housing market is just red hot in your area, and you bought a house with some severe issues that caused the sale price to be significantly undervalued per square foot, then you're more likely to get more than average returns on your investment.  If you manage to save a lot of money on the renovations (ie, inexpensive materials or you DIY and save on labor) then your costs will be lower and your ROI higher.   You can see from the list above that the most profitable improvements tend to be kitchen, bath, windows, and adding additional living space. However, it only takes a few hours of watching HGTV to conclude that renovations often cost more than homeowners expect.  This is often due to unexpected issues or costs that were not apparent before the work started.\""}
{"_id": "508483", "title": "", "text": "\"&gt;Could that be that you have been SOLD the notion that antitrust laws are a failed and discredited policy.... by those intent on protecting private cartels? (Republicans).  Republicans commonly use free market economic truths when it suits their agendas, so I can see how you might be sensitive to that possibility, but no.   &gt;Could it be that the enforcement arm of the government (like the SEC) have been weakened and captured by lobbyists in a revolving door between the private sector and the the government (facilitated by Democrats too)?  yes, by design, by those who make careers of screwing the rest of us through designing arguments that set us against one another.   &gt; In capitalism, unchecked greed leads to the destructive behavior of endless accumulation of resources at the expense of others...  No, \"\"greed\"\" is never unchecked in the free market, excess profits ultimately prevent it, unless the government enables it, of course. Monopolies are a government creation, they are the monopolists of violence after all, so I suppose it comes naturally.   &gt; How does this environment protect the small business or how does it benefit consumers?  More competition and smaller firms that result from said competition, as well as best utilization of resources is best for consumers and society as a whole. It's dynamic, that's important, much more responsive to new factors than government could ever hope to be. Politicians are really bad at adapting to voter preferences in a timely fashion apparently.\""}
{"_id": "508489", "title": "", "text": "You guys seem to have forgotten the most important part of this equation ... i work for a bank and I can tell u this as a painful fact ... every business is governed by its paperwork ... articles bylaws operating agreements amendments and minutes .. if a companys paperwork says that the 51% owner can fire everyone and move to Alaska and that paperwork is proper (signed and binding) it is with minimal excavation law... case in point every company is different .. and it is formed and governed by its paperwork."}
{"_id": "508492", "title": "", "text": "Call the CBOE, the Chicago Board of Options Exchange I've requested options on several IPOs in the past. You mainly have to convince them that there is a market for them (or they won't be inclined to provide liquidity). The CBOE could talk to the company in question to help convince them, or the CBOE will just tell you when the options will begin trading. Oh yeah, sometimes they'll ask you who you work for, just try to avoid that question, they don't like to talk to individual/retail investors."}
{"_id": "508501", "title": "", "text": "This is perfect for the ELI5 posts that always come up on this topic.  Great article.  I'd be interested in seeing a little more on the regulatory aspects of derivative contracts.  Derivatives are complex because the associated risks are complex.  When banks, insurers, and other entities large enough to have a Chief Risk Officer enter into these contracts, the assumption is that they know what they're doing, so to my knowledge, they're generally lightly regulated.  Additionally, those that understand derivatives enough to regulate them are unlikely to work for the comparatively low wages that they'd get in government. That said, I'd be interested in seeing something discussing the challenges in regulating something like this.  Even before 2008, there were some pretty big failures involving derivatives where risk was not adequately managed that probably wouldn't have been avoided with stronger regulation."}
{"_id": "508507", "title": "", "text": "Aims Golf Avenue 2 Noida apartments are ready to move in option. These apartments are planned over 5.5 acres of greenery land to develop 2BHK &amp; 3BHK flats. The project having 6 towers to develop residences from 930 to 1765 Sqft. It is developing at Sector 75 Noida to build unique residences so that homebuyers will have great opportunity to invest in. http://www.smcrealty.com/golf-avenue2-noida/"}
{"_id": "508510", "title": "", "text": "If you hadn't done it already cut up the cards. Don't close the accounts because it could hurt your credit score even more. Switching some or all of the CC debt onto low rate cards, or a debt consolidation loan is a way that some people use to reduce their credit card payments.  The biggest risk is that you become less aggressive with the loan payback. If you were planning on paying $800 in minimum payments,plus $200 extra each month; then still pay $1000 with the new loan and remaining credit cards.  Another risk is that you start overusing the credit card again, because you have available credit on the card that was paid off with the loan. The third risk, which you haven't proposed, occurs when people switch unsecured credit card dept, to a secured 2nd mortgage debt. This then puts the family home at risk."}
{"_id": "508534", "title": "", "text": "John's answer is great, the question, however, is complex enough that one can write a book on the topic.  So, I'll take the liberty to add two observations. The matched 401(k) should be the priority, even before paying off one's credit cards if any. A dollar for dollar match combined with the extra years of compounding is worth a bit longer on the debt pay off. To a younger person, the Roth (either Roth 401(k) or IRA) is a good choice while you are in a lower tax bracket. I recommend you look at the page at Fairmark to understand the tax brackets. It's easy to see how many people straddle that 15% line (at $68K taxable) and with a bit of planning, using Roth while in the 15% bracket and deductible accounts as you go above, you can tax-manage your affairs to avoid the higher rates."}
{"_id": "508540", "title": "", "text": "\"Diversification is extremely important and the one true \"\"Free Lunch\"\" of investing, meaning it can provide both greater returns and less risk than a portfolio that is not diversified. The reason people say otherwise is because they are talking about \"\"true\"\" portfolio diversification, which cannot be achieved by simply spreading money across stocks. To truly diversify a portfolio it must be diversified across multiple, unrelated \"\"Return Drivers.\"\" I describe this throughout my best-selling book and am pleased to provide complimentary links to the following two chapters, where I discuss the lack of diversification from spreading money solely across stocks (including correlation tables), as well as the benefits of true portfolio diversification: Jackass Investing - Myth #8: Trading is Gambling \u2013 Investing is Safer Jackass Investing - Myth #20: There is No Free Lunch\""}
{"_id": "508555", "title": "", "text": "\"You got anything else? And you're right... There are more than 3. But that doesn't mean shit when you can't access them. Who owns the lines that allow other providers to work by allowing them to rent/buy space? Oh that's right att, Comcast, time warner and charter. So even then if its \"\"allowed\"\" competition is it really competition?\""}
{"_id": "508558", "title": "", "text": "Acupuncture provides cost effective and without side effect solution to various chronic diseases in the shortest possible time. It is also a means by which a healthy person can maintain the health and keep disease away. Know which are the diseases and how they are cured through acupuncture."}
{"_id": "508565", "title": "", "text": "That's because a libertarian is trying to run the company using libertarian principles and it turns out that it is a terrible *terrible* way to run a business.         EDIT:     You can downvote reality, but that dosen't change it.      http://www.pbs.org/newshour/making-sense/column-this-is-what-happens-when-you-take-ayn-rand-seriously/       http://www.salon.com/2013/12/10/ayn_rand_loving_ceo_destroys_his_empire_partner/       &gt;[As Mina Kimes explained in a fascinating profile in Bloomberg Businessweek](https://www.bloomberg.com/news/articles/2013-07-11/at-sears-eddie-lamperts-warring-divisions-model-adds-to-the-troubles), Lampert took the myth that humans perform best when acting selfishly as gospel, pitting Sears company managers against each other in a kind of Lord of the Flies death match. This, he believed, would cause them to act rationally and boost performance.  &gt;If you think that sounds batshit crazy, congratulations. You understand more than most of America\u2019s business school graduates.  &gt;Instead of enhancing Sears\u2019 bottom line, the heads of various divisions began to undermine each other and fight tooth and claw for the profits of their individual fiefdoms at the expense of the overall brand. By this time Crazy Eddie was completely in thrall to his own bloated ego, and fancied he could bend underlings to his will by putting them through humiliating rituals, like annual conference calls in which unit managers were forced to bow and scrape for money and resources. But the chaos only grew.      https://www.bloomberg.com/news/articles/2013-07-11/at-sears-eddie-lamperts-warring-divisions-model-adds-to-the-troubles     Deal. With. It."}
{"_id": "508567", "title": "", "text": "\"Unless you are investing an insignificant amount of money for the home and renovations, you need title insurance.  Without it multiple other parties can claim ownership in this property you are purchasing and investing in.  Also you can know if there are any liens against the property which can cost you a significant amount in addition to the costs you are budgeting.   For example liens against a property I bought a while back amounted to 26% of the price I paid.  In my case the seller (a bank) paid those, while in your case you may need to pay any liens as I suspect the seller has little money. That \"\"bone\"\" in your body that has you worried about this transaction is really good.  Pay attention to it.\""}
{"_id": "508597", "title": "", "text": "That price is the post-tender price, which already reflects arbitrage.  It's less than $65 on the market because that's the highest offer out there and the market price reflects the risk that the $65 will not be paid.  It also reflects the time value of money until the cash is disbursed (including blows to liquidity). In other words, you are buying the stock burdened with the risk that it might rapidly deflate if the deal falls through (or gets revived at a lower price) or that your money might be better spent somewhere other than waiting for the i-bank to release the tender offer amount to you. Two months ago JOSB traded around $55, and four months ago it traded around $50.  If the deal fails, then you could be stuck either taking a big loss to get out of the stock or waiting months (or longer) in the hope that another deal will come along and pay $65 (which may leave you with NPV loss from today).  The market seems to think that risk is pretty small, but it's still there. If the payout is $65, then you get a discount for time value and a discount for failed-merger risk.  That means the price is less than $65.  You can still make money on it, if the merger goes through.  Some investors believe they have a better way to make money, and no doubt the tender offer of the incipient merger of two publicly traded companies is already heavily arbitraged.  But that said, it may still pay off. Tender offer arbitrage is discussed in this article."}
{"_id": "508603", "title": "", "text": "\"Except one aspect of their business model involves lots of repeat business. The volume of early adopters who are even willing to take a chance on something like this is pretty thin, so client retention equals survival. All it takes is one stalk of wilted celery or a single bruised apple for someone to say, \"\"Nope. I'll pick out my own stuff from now on.\"\" If anything, I could see stores holding back the *best* produce for online shoppers.\""}
{"_id": "508604", "title": "", "text": "It's not a false dichotomy. the amount of radiation from the scanner is completely insignificant compared to that absorbed during the flight. The scan gives the same radiation as **2 minutes** at 30,000 feet.  If you actually care about the amount of radiation that you get from the scanner, you would take the train.  http://www.tampabay.com/news/politifact-radiation-of-airport-scans-less-than-the-dose-in-flight/1135857"}
{"_id": "508610", "title": "", "text": "I'm in a remarkably similar situation as yourself.  I keep roughly 80% of my portfolio in low-cost ETFs (16% bond, 16% commodities, 48% stock), with about 20% in 6-8 individual stocks.  Individual stocks are often overlooked by investors.  The benefits of individual stock ownership are that you can avoid paying any holding or management fee (unlike ETFs and mutual funds). As long as you assess the fundamentals (P/B, P/E, PEG etc.) of the company you are buying, and don't over-trade, you can do quite well. I recommend semi-annual re-balancing among asset classes, and an individual stock check up.  I've found over the years that my individual stocks outperform the S&P500 the vast majority of the time, although it often accompanied by an increase in volatility.  Since you're limiting your stake to only 20%, the volatility is not really an issue."}
{"_id": "508657", "title": "", "text": "I honestly can't believe two million people care enough to pay 12.95 per month and is that a recurring charge? Wouldn't you just get your family tree and then never visit the site again? I'll be honest and say I don't know their business model well and I can't see myself ever being interested enough in investing in it to bother to figure it out."}
{"_id": "508666", "title": "", "text": "Luck doesn't exist, any more than God or faeries.     A full time class load at my university was 7-10 credit hours per semester. I averaged 25 credit hours and finished a 4 year program in 2. All while working 40+ hours a week at four part time jobs. My days began at 5:00 a.m. and ended well after 10:00 p.m., six days a week.    I wouldn't have got the interview without *networking*, which for me involved joining a service club and serving as communications officer for a local professional association related to my industry. The president of the service club ended up being the stock broker of my future boss. The president of the professional association was in touch with the industry and was able to give me a lead on an internship weeks before it opened. Neither reference would have done me a damn bit of good if I hadn't *proven* to them that I was an outstanding candidate, something that's become obvious to me as I am now in the position to provide people with references myself. That's not luck, my intention at joining both organizations was to network and it's exactly what I did.    If you're looking for a job and you aren't networking you're doing it wrong.         EDIT: Oh man the butthurt on this thread is *sooooo* strong.     **EDIT: SCUMBAG REDDIT. HATES RELIGION ALL DAY EVERY DAY, STILL BELIEVES IN LUCK**"}
{"_id": "508667", "title": "", "text": "Some of the deductions that are only available as payroll deductions are: There are other deductions you can take if you qualify such as HSA or IRA contributions without any employer help."}
{"_id": "508670", "title": "", "text": "International wires using SWIFT are reliable way of getting funds. The issue could be because you are not giving the right details to your counterparty. Any incorrect details on wires would get it rejected. The timelines typically would be around 2-4 days depending on various things. There are alternatives like getting a paper check mailed to you and you cash it [this takes more time] or depending on which countries you operate in, there could be special remittance services."}
{"_id": "508700", "title": "", "text": "Here is a quick quote from an article on Netflix, Uber, and Telsa the biggest cash burners in the business today. &gt;Investing today for profits tomorrow is what capitalism is all about. Amazon lost $4bn in 2012-14 while building an empire that now makes money. Nonetheless, it is rare for big companies to sustain heavy losses just to expand fast. If you examine the members of the Russell 1000 index [a stock market index] of large American firms, only 25 of them, or 3.3%, lost over $1bn of free cashflow in 2016 (all figures exclude financial firms and are based on Bloomberg data). In 2007 the share was 1.4% and in 1997, under 1%. Most billion-dollar losers today are energy firms temporarily in the doldrums as they adjust to a recent plunge in oil prices. Their losses are an accident."}
{"_id": "508706", "title": "", "text": "There is very little effect whatsoever of having a joint bank account--positive or negative. Positive effects: It would be very easy to send your mother money...she can just take it out of the account.  If you passed away she could get the money without having to use the legal system (or vice versa). This latter effect is why I have a bunch of joint accounts with my wife...if either of us died I wouldn't want getting access to our money to be an additional hassle. Negative effects: She is able to access money in that account without your consen, which you have pointed out is not going to happen.  The case I'm thinking of would be something like a tax lien against her.  A government agency might choose to pull money out of that joint account.  That would be a downside for you. If we were discussing credit cards, a loan, or a line of credit, there would be a number of legal and credit-rating effects from joint ownership.  Not so much with checking accounts."}
{"_id": "508709", "title": "", "text": "&gt; If everyone on average gets say...a ~3% boost on their score, why wouldn't banks just adjust their standards by 3%?  Because the score change only affects those who have had delinquent payments (but are current now) on medical debt in the past 7 years.  That's not everybody... by a long shot.  Also, no lender (except possibly automated consumer debt applications) gives a shit about what your actual score is.  Mortgage lenders review each application based on things like debt:income, existing installment payments, and actual credit history (meaning account details and repayment history)."}
{"_id": "508734", "title": "", "text": "\"This doesn't answer your question, but as an aside, it's important to understand that your second and third bullet points are completely incorrect; while it used to be true that Swiss bank accounts often came with \"\"guarantees\"\" of neutrality and privacy, in recent years even the Swiss banks have been caving to political pressure from many sides (especially US/Obama), with regards to the most extreme cases of criminals. That is to say, if you're a terrorist or a child molester or in possession of Nazi warcrime assets, Swiss banks won't provide the protection you're interested in. You might say \"\"But I'm not a terrorist or a pervert or profiteering of war crimes!\"\" but if you're trying so hard to hide your personal assets, it's worth wondering how much longer until Swiss banks make further concessions to start providing information on PEOPLE_DOING_WHAT_YOU_ARE_DOING. Not to discourage you, this is just food for thought. The \"\"bulletproof\"\" protection these accounts used to provide has been compromised. I work with online advertising companies, and a number of people I know in the industry get sued on a regular basis for copyright or trademark infringement or spamming; most of these people still trust Swiss bank accounts, because it's still the best protection available for their assets, and because Swiss banks haven't given up details on someone for spamming... yet.\""}
{"_id": "508753", "title": "", "text": "Typically a private company is hit by demand supply issues and cost of inputs. In effect at times the cost of input may go up, it cannot raise the prices, because this will reduce demand. However certain public sectors companies, typically in Oil & Engery segements the services are offered by Public sector companies, and the price they charge is governed by Regulatory authorities. In essence the PG&E, the agreement for price to customers would be calculated as cost of inputs to PG&E, Plus Expenses Plus 11.35% Profit. Thus the regulated price itself governs that the company makes atleast 11.35% profit year on year. Does this mean that the shares are good buy?  Just to give an example, say the price was $100 at face value, So essentially by year end logically you would have made 111.35/-. Assuming the company did not pay dividend ... Now lets say you began trading this share, there would be quite a few people who would say I am ready to pay $200 and even if I get 11.35 [on 200] it still means I have got ~6% return. Someone may be ready to pay $400, it still gives ~3% ... So in short the price of the stock would keep changing depending how the market percieves the value that a company would return. If the markets are down or the sentiments are down on energy sectors, the prices would go down.  So investing in PG&E is not a sure shot way of making money. For actual returns over the years see the graph at http://www.pgecorp.com/investors/financial_reports/annual_report_proxy_statement/ar_html/2011/index.htm#CS"}
{"_id": "508754", "title": "", "text": "\"I have checked with Bank of America, and they say the ONLY way to cash (or deposit, or otherwise get access to the funds represented by a check made out to my business) is to open a business account. They tell me this is a Federal regulation, and every bank will say the same thing.  To do this, I need a state-issued \"\"dba\"\" certificate (from the county clerk's office) as well as an Employer ID Number (EIN) issued by the IRS. AND their CHEAPEST business banking account costs $15 / month. I think I can go to the bank that the check is drawn upon, and they will cash it, assuming I have documentation showing that I am the sole proprietor. But I'm not sure.... What a racket!!\""}
{"_id": "508764", "title": "", "text": "Mutual funds don't work like stocks in that way. The price of a mutual fund is set at the end of each day and doesn't fluctuate during the day. So no matter when you put in your order, it will be filled at the end of the day at whatever the closing price is for that day. Here is some good information on that There is no continuous pricing of fund shares throughout the trading   day. When an investor places an order to buy or sell a fund's shares,   the order is executed based on the NAV calculated at the end of that   trading day, regardless of what time during the day the order was   placed. On the other hand, if the investor were to check the price of   his or her fund shares halfway through the business day, the price   quoted would be the previous day's NAV because that was the last time   the fund calculated and reported the value. -http://www.finweb.com/investing/how-mutual-funds-are-priced.html"}
{"_id": "508766", "title": "", "text": "You can, and people do. More a Japanese thing than a US thing but I guess they've had super low interest rates for longer. Its called 'the carry trade' and is the reason the NZD is artificially high (which as an NZ exporter I find kinda annoying). Particularly popular with the so called 'japanese housewife' investor.  It also causes the NZD to plunge every time the US stock market dips - because the NZD is held mostly as a moderately risky investment, not for trade purposes. Presumably in a down market hedge funds need to cash in their carry trades to cover margins or something?   As another person said the primary risk is currency fluctuations. Unfortunately such currencies are highly volatile and tied to stock market volatility.  tl;dr It'd be nice if you all quit treating my national currency as an investment opportunity - then i could get on with my business as an New Zealand exporter ;-)"}
{"_id": "508769", "title": "", "text": "\"I think you want to look at companies that buy annuities and give you a lump sum.   They exist to do this for lawsuit payments, lottery winnings, etc. I'm not sure what the fees would be on a relatively small payout of $6K but try searching for \"\"converting annuity to cash\"\" and the first several hits were all firms looking to buy structured payment settlements for a lump sum. They make their money by paying less than the present-day value of the annuity, so you will get less money this way than collecting your payments slowly.\""}
{"_id": "508777", "title": "", "text": "There are lots of good answers on here already.  There are actually lots of answers for this question.  Lots.  I have years of experience on the exchange feed side and there are hundreds and thousands of variables.   All of these variables are funneled into systems owned by large financial institutions (I used to manage these - and only a few companies in the world do this so not hard to guess who I work for).  Their computers then make trades based on all of these variables and equations.  There are variables as whacky as how many times was a company mentioned in an aggregate news feed down to your basic company financials.  But if there is a way to measure a company (or to just guess) there is an equation for it plugged into a super computer at a big bank. Now there are two important factors on why you see this mad dash in the morning: Now most of the rest of the day is also automated trades but by the time you are an hour into market open the computers for the most part have fulfilled their calendar buys.  Everyone else's answer is right too.  There is futures contracts that change, global exchange info changes, options expiring, basic news, whatever but all of these are amplified by the calendar day changing."}
{"_id": "508782", "title": "", "text": "Didn't they try to collect taxes and your fellow Californians screamed bloody murder? Ironically, most will also bitch about the recent gov't layoffs and lack of schools but will be damned if they'll pay one cent more in taxes... Yay for direct democracy in action."}
{"_id": "508788", "title": "", "text": "&gt; vast majority of Americans would see no impact to their lives.   This was true a few months after the Supreme Court handed the election to George W. Bush.  &gt;What this proves is that the government isn't as essential as we think it is  It says nothing about how essential government is, it merely speaks to how quickly or slowly things change.  &gt;those who demanded greater federal government control before Trump are backpedaling like mad.  When people are concerned about the direction, they are smart to slam the breaks. That's not backpeddling."}
{"_id": "508793", "title": "", "text": "There was a huge amount of creativity in the 70's . This lasted well into the early 80's . There were many good dramas and series produced . Whilst there are a few produced these days there are not as many as then . There are some good British programmes , some German , the odd French programme . But there is , with a few exceptions , a huge amount of crap that comes out of the USA . There are a lot of repeats of good old programs - these are what I watch - not anything new . I usually watch programs that are 15 to 25 years old . Trouble is that I have often already seen them ."}
{"_id": "508817", "title": "", "text": "sweet, a Nazi analogy.  And here I thought I'd *never* see one of those on the internet!  A better example would be to arrest gun manufacturers because they created guns that were used in murders.  Chances are this program was created for legitimate reasons. There's nothing illegal about using software to buy stock. There is, however, rules against doing things like this to influence the market.   You're equating some software developers whose software was used illegally to a group of people who committed genocide.  Think about that."}
{"_id": "508820", "title": "", "text": "People almost never die when an elevator malfunctions.  Trains can run automatically because there is a simple solution to almost any emergency: STOP. And the passenger's can press the emergency stop to activate this.   Can't do that with an airplane.  Edit: found this about elevators. There are more than I thought:  http://www.snopes.com/horrors/freakish/elevator.asp"}
{"_id": "508821", "title": "", "text": "\"No, it means that is only the notional value of that underlying asset of that contract, generally. The contract specification itself is listed on the exchange's websites, and there are really no assumptions you can make about a particular contract. Where S&P futures have one set of specifications, such as what it actually represents, how many each contract holds, how to price profits and losses... a different contract, such as FTSE 100 stock futures have a completely different set of specifications. Anyway in this one example the s&p 500 futures contract has an \"\"initial margin\"\" of $19,250, meaning that is how much it would cost you to establish that contract. Futures generally require delivery of 1,000 units of the underlying asset. So you would take the underlying asset's price and multiple it by 1,000. (what price you use is also mentioned in the contract specification), The S&P 500 index  is $1588 you mentioned, so on Jun2013 you would have to delivery $1588 x 1000, or $1,588,000. GREAT NEWS, you only have to put up 1.2% in principal to control a 1.5 million dollar asset! Although, if even that amount is too great, you can look at the E-Mini S&P futures, which require about 1/10th the capital and delivery. This answer required that a lot of different subjects be mentioned, so feel free to ask a new question about the more specific topics.\""}
{"_id": "508826", "title": "", "text": "Question:  So basically the money created in this globalized digital world where capital is free to roam,  it is referring to digital money and not actual physical cash.  So the goldbugs that talk about america becoming weimar republic is delusional, since there isn't enough physical cash in relations to how big the economy is.    And it is actually the debt lending that acts as a derivative of cash money that goes around posing as the money supply or the blood supply of an economy, and that feels like inflation, but when the debt is defaulted on or destroyed, underwritten or even paid back closing the circuit then it's deflationary?   But does defaulting on ones debt create inflation since that money is still in the system and not being paid off?  You know, when debts are paid off they are taken out of the system."}
{"_id": "508834", "title": "", "text": "Yeah, I mean, what it really comes down to is the fact that life isn't fair.  I would think that if your company is squeezed enough that it's paying a lot more for new employees who do what you do already, then if you go to your boss and ask for a raise, he's not going to say no. It's way easier (and cheaper) to keep an employee, particularly a good one, than to find someone new. Just a thought."}
{"_id": "508845", "title": "", "text": "The one thing that people really want to go see or try out before they buy are TVs and home audio. But those are very low volume sales that can't sustain a business. It's like how Radio Shack found their weird cell phone niche which quickly collapsed recently.   Traditional brick and mortar can't be sustained on niche items, while the rest of everything is sold on Amazon. They've got to come up with another business plan that has room for growth. They had over a decade to get into the online game but they're still miles behind."}
{"_id": "508847", "title": "", "text": "Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and [...]"}
{"_id": "508858", "title": "", "text": "Small cap companies are just smaller, so the risk for them to fail is higher but the potential for higher returns is also higher."}
{"_id": "508868", "title": "", "text": "Rebates are offered on exchange to promote liquidity offers so that aggressive buy/sell can be done, otherwise a sizable sell/buy would crash the price of a stock with no liquidity, it is perfectly normal for a firm to attempt look for the rebate if the customer is willing to wait longer for the execution to happen. The Author clearly has no freaking idea what the hell he is talking about."}
{"_id": "508894", "title": "", "text": "Countries like China hold onto our debt so we are obligated to keep importing for them, which their own economy depends on it.  If they call the debt, forcing us to default and essentially destroying our currency, it hurts them too."}
{"_id": "508895", "title": "", "text": "U.S. citizens are allowed to own foreign bank and investment accounts. However, there are various financial and tax reporting requirements for owners of such accounts. Even when there is no foreign income involved. For example famous FBAR (Fincen Report Form 114), Form 8938, and even more forms if your assets/activities abroad become more complicated. Penalties, even for unintentional non-compliance can be Draconian. So just keep in mind, that once you start having foreign accounts, you will start having additional obligations and might spend more money and time on tax preparation. If you are ok with that, then its cool. But... assuming your gloomy predictions on Trump presidency come true. They might be accompanied by more strict capital control, reporting requirements, and may become even greater pain in the neck for people with foreign assets. Regarding recommendations, I am not sure about banks, but there are some foreign precious metal investing companies that are completely online based such as https://www.bullionvault.com/ and https://www.goldmoney.com/. These might also guard you from potential problems with US dollar."}
{"_id": "508896", "title": "", "text": "Pretty much any financial transaction where they start by calling you on the phone is a scam. They aren't doing it for your benefit and the caller is on commission."}
{"_id": "508908", "title": "", "text": "The real problem now, which we don't realize, but will come to in the years to come is:  #It is impossible to remove a corrupt democracy by democratic means  If you lets these parasites entrench and solidify, you will never get them out"}
{"_id": "508921", "title": "", "text": "As long as you're in a lower tax bracket - you would probably be better off paying the taxes now, and investing into the Roth IRA/401K. However, you should be investing for your retirement now, and not later, because of the compounding effect, and also you'll gain the employer matching (if available)."}
{"_id": "508922", "title": "", "text": "ASSUMING THIS IS A QUESTION OF U.S. SECURITIES LAWS You didn't explain whether you're related to the mother and son, but I'll assume you are.  If that's the case, this really wouldn't qualify as a solicited sale.  It wasn't advertised publicly for sale, and there is already (I assume) a long-standing relationship between the parties.  In such a case, this would be a perfectly legal and normal type of transaction, so I can't see any reason for concern.   That being said, you would be wise to contact the state securities regulation agency where you live to ensure you're on firm ground. The law pertaining to the solicited sale of securities normally targets instances where people are trying to do private stock offerings and are seeking investors, in which case there are a number of different state and federal agencies and regulations that come into play.  The situation you've described does not fall under these types of scenarios. Good luck!"}
{"_id": "508929", "title": "", "text": "The President of the Biggest Economy in the world, who is making a new Tax plan, replacing the Head of the Fed and over seeing a loosening of financial regulation, is in all intents and purposes a Fucking Moron, how do you think this relates to the economy?"}
{"_id": "508948", "title": "", "text": "Deals Woot i s a good place to find a lot of deals."}
{"_id": "508952", "title": "", "text": "I am super sorry about your divorce and nod to you for taking care of your kids and spouse.  This may sound super snarky, although not my intention, but you have an income problem.  Despite making almost double the national average, you are supporting two households, and live in a high cost of living area.  (BTW been there, done that and also in IT.) The best way to avoid paying CC interest is to pay them off, and cut them up.  Some might poo-poo the idea as you can earn some $ by getting CC rebates, but you are not in that mode right now.  Consolidations, and balance transfers are a losing game as you can probably feel the November deadline looming.      If I was you, I would get a second job, even if it was something like pumping gas.  Making an extra $500/month increases your balance reduction by 650%.  Sell stuff.  Recently an older version of Visual Studio, that was sitting unused on my shelf, went for $400 on Ebay.   The best way to solve this problem is through sweat equity.  There are no easy answers.  It sucks, but putting your big boy pants on and being prepared to work 20 hours of the day is the easiest way out of this.   If you do this you will learn a lesson about CC utilization that most don't learn."}
{"_id": "508953", "title": "", "text": "\"Ditto @GradeEhBacon, but let me add a couple of comments: But more relevantly: GradeEhBacon mentioned transaction costs. Yes. Many tax shelters require setting up accounts, doing paperwork, etc. Often you have to get a lawyer or accountant to do this right. If the tax shelter could save you $1 million a year in taxes, it makes sense to pay a lawyer $10,000 to set it up right. If it could save you $100 a year in taxes, paying $10,000 to set it up would be foolish. In some cases the tax savings would be so small that it wouldn't be worth the investment of spending $20 on a FedEx package to ship the paperwork. Inconvenience. Arguably this is a special case of transaction costs: the cost of your time. Suppose I knew that a certain tax shelter would save me $100 a year in taxes, but it would take me 20 hours a year to do the paperwork or whatever to manage it. I probably wouldn't bother, because my free time is worth more than $5 an hour to me. If the payoff was bigger or if I was poorer, I might be willing. Complexity. Perhaps a special case of 3. If the rules to manage the tax shelter are complicated, it may not be worth the trouble. You have to spend a bunch of time, and if you do it wrong, you may get audited and slapped with fines and penalties. Even if you do it right, a shelter might increase your chance of being audited, and thus create uncertainty and anxiety. I've never intentionally cheated on my taxes, but every year when I do my taxes I worry, What if I make an honest mistake but the government decides that it's attempted fraud and nails me to the wall? Qualification. Again, as others have noted, tax shelters aren't generally, \"\"if you fill out this form and check box (d) you get 50% off on your taxes\"\". The shelters exist because the government decided that it would be unfair to impose taxes in this particular situation, or that giving a tax break encourages investment, or some other worthy goal. (Sometimes that worthy goal is \"\"pay off my campaign contributors\"\", but that's another subject.) The rules may have unintended loopholes, but any truly gaping ones tend to get plugged. So if, say, they say that you get a special tax break for investing in medical research, you can't just declare that your cigarette and whiskey purchases are medical research and claim the tax break. Or you talked about off-shore tax havens. The idea here is that the US government cannot tax income earned in another country and that has never even entered the US. If you make $10 in France and deposit it in a French bank account and spend it in France, the US can't tax that. So American companies sometimes set up bank accounts outside the US to hold income earned outside the US, so they don't have to bring it into the US and pay the high US tax rate. (US corporate taxes are now the highest of any industrialized country.) You could, I suppose, open an account in the Caymans and deposit the income you earned from your US job there. But if the money was earned in the US, working at a factory or office in the US,  by a person living in the US, the IRS is not going to accept that this is foreign income.\""}
{"_id": "508960", "title": "", "text": "\"I would contact the security/fraud departments at your bank and see if you can get in contact (via your bank) with the bank that the check is drawn on. By my reading of your question, it sounds like the person you are dealing with fraudulently endorsed a third party check, which you subsequently endorsed for deposit. Explain this situation to your bank. As far as the other person goes, tell her \"\"I'm in contact with the frauds department at my bank, as the validity of the check is in question, and I'm not giving you a cent until the matter is resolved.\"\" Depositing a bad check is a misdemeanor in most jurisdictions, so it's essential to bring this to the attention of the bank and authorities asap.\""}
{"_id": "508961", "title": "", "text": "&gt; But overall we are living in one of the most stable-peaceful times in human history.  It's nice to see this stated, because it isn't said enough. We're so afraid of these constant political and social boogymen that we forget that that we live in a country free of civil war, where food is plentiful and clean water a given. Yeah, beyond the low level Maslow stuff we have problems, but damn, we have it good."}
{"_id": "508963", "title": "", "text": "What I think or don't think makes no difference, what you are proposing would be a huge change for the world. It might have unforeseen negative effects because the way things often happens is that a new development makes it possible to do the job *completely* by machines, and here you are proposing to keep the remaining 10 people as virtual *prisoners* in a job where they would just sit there all day doing nothing, staring at the wall, but collecting a paycheck.  Wouldn't they be happier at another job doing some high level task for which there was no computer replacement, yet, some form of pure mathematics?"}
{"_id": "508972", "title": "", "text": "Well, if you worked in the United States you have social security, and medicare and medicaid in most cases as well.  So you have a small amount of income to spend every month to cover your most basic living expenses, as well as your basic medical expenses.  At least, that's the idea. In reality, it probably isn't anywhere near enough money for most to live comfortably.  Also, there is a real fear that the US will have to inflate itself out of its debt to some extent in the future.  This theory implies that the money retired individuals have saved or are receiving down the road could buy significantly less in the future than they expect. If you have the ability to put money away into an IRA or 401K early in your life, it will be greatly beneficial to do so.  However, that is another issue I won't begin to discuss fully here. Edit since your question was restated after I typed my initial response, the final answer is:  You will receive some assistance from Social Security, Medicare, and Medicaid.  You will most likely need to either continue working, draw on savings such as an IRA or 401k, or will need assistance from others.  If none of those are options, you would most likely end up living in poverty or worse."}
{"_id": "508980", "title": "", "text": "\"&gt; But I've also gotten some cheap shit at Menards.  I'll second that. Their discount brands, like \"\"Master Force\"\" and \"\"Tool Shop\"\" are definitely lower in quality. I have a rotary tool that I got for like $20, and it's done the job that I need it to do, but if I were doing lots of detail work or crafts, I would have spent the money on a Dremel. I buy my tools at Lowe's, since I'm willing to spend more on quality items that I want to last (they have plenty of cheap crap, too), but things like wood, screws, and landscaping materials are cheaper at Menard's, especially when they have their 11% off the entire store sales, and they're not cheap alternatives.\""}
{"_id": "508982", "title": "", "text": "oh you sad sad fool. you think hard work automatically means you'll succeed? suckers like you are who the republicans prey on. opportunity doesn't come just because you're a hard worker. without some degree of luck, you can work your ass off until the day you die and never get anywhere."}
{"_id": "509004", "title": "", "text": "Are you trying to push an agenda here?  In reading all your comments, it's like you're trying to persuade us that US manufacturing is hollowing out.   It's not the case.    A contractor quits, another one has to be found, and there's a production delay in between.  What is so strange about that?"}
{"_id": "509024", "title": "", "text": "We were hungry and we didn't set out to wait two hours. You just keep thinking you'll be next seated. I was still in college. Today I'd leave even if it meant getting fast food. Back then I was far more tolerant of shit."}
{"_id": "509042", "title": "", "text": "I would be very careful with annuity products. If you don't mind sharing, what are the terms for the annuity?  Usually I would recommend not to use retirement account to pay off debt, mainly because of the penalty that comes from withdrawing prematurely. But in this case, First of all, stop contributing to the annuity account if you're not contractually obligated. Second, try to convert your annuity assets to more common equity/debt products. Thirdly, try to cut back on spending to pay off debt, assuming you stopped paying 2X on housing, since 30k debt shouldn't be that hard to pay off with 100k income. Lastly, if all of the above are impossible, you can withdraw from that account to pay off your debt."}
{"_id": "509051", "title": "", "text": "unless it is company wide slashes (which it isnt), its not gonna affect the markets for Walmart and Kroger.   those shoppers dont need Buddha finger lemons and other unique produce.  Whole foods needs to worry about Wegmans.  for each kroger they kill a Wegman's will rise."}
{"_id": "509064", "title": "", "text": "I recommend you two things: I like these investments because they are not high risk. I hope this helps."}
{"_id": "509073", "title": "", "text": "\"Yup. It's totally legit and it is not a money market account. Though interest rates are so low across the board, this is about as high as savings accounts get and so it is called a \"\"high-yield savings account\"\". A number of banks offer these. There are different offerings nation-wide versus local/state. I would use this compare tool at DepositAccounts.com to find them and the blog is very good with updates and trends. Here are some well advertised accounts: If you don't already have a rewards checking account, get one of those first. DepositAccounts.com will direct you to these as well. A reasonable interest rate on rewards checking is 2.5% and up. So much better. The only catches are reasonable - online statements, direct deposit or autopay, and use your debit card 10 or 12 times a month for any transaction amount (groceries, coffee, gas - easy). The other major thing I would consider when opening any account is where you live and the current accounts you have. If you have an AMEX card already, just use their savings account. That way you have unified accounts, faster transfers, your personal information isn't spread thinly around all different banks, you have more leverage with the company as a \"\"long-standing customer\"\", etc. As far as using a bank in the state where you live, it simplifies taxes. Two more things: I would always choose a credit union over a bank (and many have excellent rewards checking accounts). If you use Mint, Yodlee, or other financial software, make sure the potential new bank integrates with that service.\""}
{"_id": "509075", "title": "", "text": "I have a CapitalOne credit card, and every two or three weeks, CapitalOne Bank sends me checks that can be used almost anywhere (including a deposit into my own checking account if I wish, or to pay taxes or utility bills etc)). The amount thus borrowed is counted as a balance transfer (as if I  were paying off another credit-card balance) and it will be charged 0% interest for a year.  The catch is that unless I pay off the next monthly statement in full by the due date, I will be charged interest on all new purchases from the day that they post to the account till the day they are paid off. No more grace period etc.  All this will continue until that loan amount is paid off in full.  So, I either would have to (i) pay off all the purchases made this month plus the minimum monthly payment shown on the next monthly statement and give up use of the card till that 0% balance is all repaid, or (ii) pay interest on new purchases.   It might be worth checking on the CapitalOne Credit Card site if such an offer is available to you.  If so, get a check from them, pay off the invoice using that check (actually, I would strongly recommend depositing the money in your local bank and writing them your personal check for the amount to be paid), and then pay off next month's bill in full, etc."}
{"_id": "509077", "title": "", "text": "Let's look at some numbers.  These are just example rates that I found online.  You can substitute your own quotes and compare yourself.  I'm not going to name the company, but these advertised rates are all from one nationally-known company for a 25-year old female. If you went with the whole life option, you would be paying $937.56 per year.  The policy builds a cash value; the amount this grows can vary greatly, and you'll need to look at the fine print to see how it will grow, but let's pretend that after 30 years, the cash value of the policy is $50,000 (a reasonable guess, in my opinion).  Let's look at what this means: You can cash out your policy, but at that point, you'll stop paying payments, and your heirs won't get your $100,000 death benefit.  You can borrow against it, but you'll have to pay it back.  You could use it to pay your premium, in which case you'll stop paying payments.  However, keep in mind that if you do pass away, you lose the cash value you've built up; your beneficiaries only get the $100,000 death benefit. Now let's look at the term insurance option.  We'll go with the 30-year term.  It will only cost you $242.76 per year, and the death benefit is more than double the whole life coverage.  If you were to take the difference between the two premiums ($58 per month) and invest it in a mutual fund growing at 8% per year, you would have $86,441 in your account after 30 years.  This money is yours (or your heirs), whether or not you pass away before your term is up.  After the 30 years is up, your insurance is over, but you are now almost all the way up to the death benefit of the whole life policy anyway. In my opinion, term life insurance is better than whole life for just about everybody. I don't want to be morbid here, but the earlier someone dies, the more benefit they get with term insurance vs whole life.  If someone does have reason to believe that his life expectancy is shorter than average, term insurance makes even more sense, as he is more likely to get the death benefit for much less money in premiums than he would in whole life."}
{"_id": "509081", "title": "", "text": "looks like the US tax system needs an overhaul. You cant charge yourself arbitrary amounts to even out your bottom line.  Wel you and I cant, but apparently we just need to make more money to do so....thanks BK for showing me the way!!"}
{"_id": "509083", "title": "", "text": "I realize you're probably looking for methods on the large scale.  However, I sell a lot of homes to wealth advisers and was always curious about how they consistently pull in business.  The obvious answer is networking, then word of mouth.  Do right by your clients and they'll brag to their equally high networth friends.  One buddy of mine spends a lot of time taking his clients (and their friends) out to dinners, golfing, and mini-vacations.  Surprise, surprise, those friends become clients too.  Rinse and repeat.  Other than that, hang out at high end bars and other places higher networth people in their 30's and 40's would hang out.  Then ABC."}
{"_id": "509099", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-14/dudley-calls-cohn-reasonable-candidate-for-fed-chair-position) reduced by 75%. (I'm a bot) ***** &gt; Federal Reserve Bank of New York President William Dudley took the unusual step of weighing in on who might be the next head of the U.S. central bank, saying that former Goldman Sachs Group Inc. executive Gary Cohn was a &amp;quot;Reasonable candidate&amp;quot; for the job of Fed chief.  &gt; President Donald Trump has singled out Cohn as a leading candidate for the job of Fed chair.  &gt; Unlike Yellen, Cohn does not have a Ph.D. in economics but Dudley said that didn&amp;#039;t disqualify him from getting the Fed job.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6u1ly6/dudley_calls_cohn_reasonable_candidate_for_fed/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~192017 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Fed**^#1 **Cohn**^#2 **Dudley**^#3 **Bank**^#4 **chair**^#5\""}
{"_id": "509108", "title": "", "text": "\"One trick is to make all purchases end in a particular number of your choosing, say \"\"3\"\". From now on, all restaurant meals,gas purchases, and anything in your control, end them in 3. When you glance at the bill, you can skip these charges, and look carefully at the rest. It's not 100%, as you couldn't easily impact supermarket charges and many others, but it's half of my routine charges.\""}
{"_id": "509111", "title": "", "text": "No there is no way to have untaxed earnings.  Single Member LLC are taxed on your personal taxes.  Partnership LLC is taxed on your and your partners personal taxes.  An C-Corp LLC has its own tax bracket.  An S-Corp is taxed on your personal taxes (but does not get taxed as self-employment taxes).   At $500,000, YOU SHOULD BE AN S-CORP or C-CORP to save on self-employment taxes."}
{"_id": "509122", "title": "", "text": "Miscellaneous income -- same category used for hobbies."}
{"_id": "509124", "title": "", "text": "Another consideration that is not in the hard numbers.  Many people, myself included, find it hard to have the discipline to save for something that is so far off. The 401K plan at work has the benefit of pulling the money out before you see it, so you learn to live on what is left more easily. Also, depending on the type of 401K it attaches penalties to using the money early disincentive you to pull it out for minor emergencies."}
{"_id": "509133", "title": "", "text": "Forcing someone to pay for your personal bills is always immoral. If you need help then ask for it, but don't point a gun at someone and just take it.  It is first and foremost your responsibility if you can't afford private insurance."}
{"_id": "509136", "title": "", "text": "the half price apps are the best thing to ever come out of this establishment. I can honestly say that was 97.2% of the reson why i came here. I'm not sure what the status of the half apps are, or if they even do them anymore, but id love the sliders to make a big comeback. that was a phenomenal deal. BRING BACK THE SLIDERS!! YOU'RE TALKING ABOUT A GRAND SLAM OF A HIT WITH CUSTOMERS. LET'S GOOOO"}
{"_id": "509155", "title": "", "text": "Situs judi online has many perks because of its convenience and efficiency. The first major benefit of playing online gambling is the sufficient time because in out hectic life schedule we are busy in our stretched schedule having no little time for families. Online gambling has made it possible in the current scenario. http://asiabetking.asia/"}
{"_id": "509187", "title": "", "text": "\"You may have misunderstood some parts of the system. If you make a pension contribution in any given year, the tax relief is based on your income for that year - the gross pension contribution is subtracted from your gross income and you only end up paying tax based on the reduced gross income. So if the higher rate threshold is \u00a340K, you have income for the year of \u00a365K, and you make a gross contribution of \u00a325K, then you'll get tax relief at 40% on the whole contribution, i.e. \u00a310K. If your income for the year is less, e.g. \u00a350K, then you'll get tax relief at 40% on \u00a310K and at 20% on the other \u00a315K, i.e. \u00a37K. So if you're significantly into the higher-rate band, it's usually not worth making a contribution large enough to reduce you to basic-rate tax - better to wait till the next tax year for the rest. Overall, while you probably could do what you suggest subject to the caveats below, why not just spread the pension contribution over the three years, rather than making it all up front? If you are confident you can invest the money at better than the 3.4% interest on the loan, then it might make sense to borrow, but you should be pretty clear that you're deliberately borrowing to invest (otherwise known as investing with leverage). Or you might know that your income is going to drop next year. Another clarification, as your comment on another answer mentions: basic-rate tax relief is claimed directly by your pension provider (\"\"relief at source\"\"), whereas the higher-rate part of the relief comes straight to you via your tax return. So for the above \u00a325K gross contribution example, you'd hand over \u00a320K initially and then get \u00a35K back at the end of the tax year, leaving you with \u00a315K less in your pocket. If you did want to make a \u00a320K net contribution and had enough higher-rate salary to cover it, the gross contribution you'd end up with would be \u00a333,333, and you'd need to find \u00a36,666 more temporarily. Note that there are also limits on the annual contribution you can make of \u00a340K (the \"\"annual allowance\"\"), but you can carry forward allowances from three previous years so it's very unlikely to be relevant.\""}
{"_id": "509189", "title": "", "text": "\"From some background reading I'm doing, it sounds like the union has people by the proverbial balls anyway. Even in an \"\"agency shop\"\", where union membership is optional, non members must pay for the collective bargaining done by the union, and \"\"union shop\"\" just means that the employer can hire anybody, but they must join the union in order to be employed. All of those seem to indicate that every worker in the represented class must accept the terms of the collective bargaining. [reference](http://en.wikipedia.org/wiki/Communications_Workers_of_America_v._Beck#Background)  Part of the reason that I'm curious is that, once I've decided that I'm done being an engineer, I think it might be fun to teach, but every time I hear about union negotiations, it makes me think that operating in that system would be lame. Going from a world where merit is the primary differentiator to a world where years in the system count for more would kinda suck.\""}
{"_id": "509197", "title": "", "text": "\"There are five main drivers to real estate returns: Income (cash flow from rental payments); Depreciation (as an expense that can be used to reduce taxes); Equity (the gradual paydown of the mortgage the increases underlying equity in the property); Appreciation (any increase in the overall value of the property); Leverage (the impact of debt financing on the deal, increasing the effective \"\"cash-on-cash\"\" return). (Asset Rover has a detailed walk-through of the components, and a useful comparison to stocks) So interest rates are certainly a component (as they increase the expenses), but they are just one factor. Depending on a particular market's conditions, appreciation or rent increases could offset or (exceed) any increase in the interest expense. My own experience is mostly with non-listed REITs (including Reg A+ investments like the ones from Fundrise) and commercial syndicates, and for right now in both cases there's plenty of capital chasing yield to go around (and in fact competition among new funding sources like Reg D and Reg A+ platforms seems to be driving down borrowing rates as platforms compete both for borrowers and for investors). Personally I pay more attention to where each local market (and the broader national market) is along the ~18-year real estate cycle (spoiler: the last trough was 2008...). Dividend Capital puts out a quarterly report that's super useful.\""}
{"_id": "509207", "title": "", "text": "\"If it were a friend of mine, I'd do it without having any real qualms about it.  If it were simply \"\"someone I knew\"\", probably not.  Of course, if I trust them them enough to do that, I'd probably just give them the cash and let them pay me back in a day or two.   (I'm imagining a scenario where I'm out with a few friends, for example bar hopping or at an event where most vendors require cash and we're talking an amount less than say $50. Any more than that, and I almost certainly would not agree).\""}
{"_id": "509218", "title": "", "text": "\"While COBRA premiums are not eligible to be a \"\"business\"\" expense they can be a medical expense for personal deduction purposes.  If you're itemizing your deductions you may be able to deduct that way.  However, you will only be able to deduct the portion of the premium that exceeds 10% of your AGI. Are you a full time employee now or are you a 1099 contractor?  Do you have access to your employers health plan?\""}
{"_id": "509237", "title": "", "text": "A lot of poor money management, lack of adaptation to changing times...It's kind of ironic; the boomers were the protesters in the 60's, calling for freedom from the man, an open society, and shaking down the pillars of society, and yet now are the ones who are clinging to the very fabric of society they sought to tear apart.  Stability was anathema to them when they were in their 20's, but now look at them...desperately attempting to get things back to 'the way they were'."}
{"_id": "509253", "title": "", "text": "\"My gut reaction is how legal is his statement?  *\"\"So where am I going with all this? It's quite simple. If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company... So, when you make your decision to vote, ask yourself, which candidate understands the economics of business ownership and who doesn't? Whose policies will endanger your job? Answer those questions and you should know who might be the one capable of protecting and saving your job.\"\"*  If an employer sent this to me I'd seriously consider that a threat in regards against how I practice my political beliefs.  It undermines my right to educate myself.\""}
{"_id": "509261", "title": "", "text": "If Amazon perfects same day delivery you can bet your bottom dollar that many other businesses will do so shortly thereafter.  Amazon is obviously a very formidable operation, but right now the investment community is treating Bezos like his shit doesn't stink.  Retail has *always* been a brutal economic sector in which dominant players do not last long, so let's not treat the Amazon phenomenon as if it's sui generis.  It wasn't Amazon that cracked the A&amp;P Company.  Incidentally I am growing increasingly impressed with Wal-Mart's online moves.  It's unusual for a dominant corporation to adjust like this to a new competitive threat in a non-traditional sector."}
{"_id": "509263", "title": "", "text": "I'm not going to lie, I'm surprised Wal-Mart's online game hasn't evolved faster to put itself more in line with Amazon.. ..as well, pushed a few pf their own implementations Amazon hasn't been able to due tp their lack of a real nox store anchor point.  ...but, Whole Foods and even their own delivery service has a long way to go towards that end vs the quantity of locations, as well the expanse and refinement of Wal-Mart's distribution network.  Wal-Mart *may* die..anything's possible..but I imagine that they'll both end up owning so much of each other that they'll essentially function as a single entity vs disappear entirely.  Even Sears is still around..technically."}
{"_id": "509266", "title": "", "text": "I just graduated from college and I am already planning my retirement.   ... in terms of money sitting in my bank account post retirement, assuming Ii have   $250,000 what is the highest interest that I can earn with it?  Assuming you are 22, and will retire in 45 years at age 67. There is no way to predict interest rates. When I was 22 and just out of college I started putting money into a bank account to save for a down payment. The rate for a savings account was 6%. That means that every month I made 1/2 of one percent. Today that same credit union offers a money maker account with a minimum balance of $100,000 that pays 0.25% for the year. What I made in a month would take two years to make today. Keep in mind we also can't estimate your pay in the last year before retirement, or the inflation rate for the next 45 years, or the mortgage rate, or the availability of Social Security, or the returns of the S&P for 45 years. It is great you are starting to think about this today. But you will have to keep adjusting parts of your plan as the years go by: You may have to factor in children, your medical situation...  Even if the interest rates recover you may not want to put all your post retirement money in the bank. Most people can't sustain the required flow of money for their 30 years of retirement from savings accounts.  As for today. FDIC (or similar accounts from credit unions) will not have rates approaching 3%. It can't even approach that 3% rate via multi-year CDs. My credit union has a 6 year CD for almost 2%. If the goal of the money is safety then don't expect to find those high rates now. Some institutions may offer high rates without that FDIC protection, but that is risky."}
{"_id": "509269", "title": "", "text": "\"Honestly it's hard to take anything you say seriously just based on the prejudice of it all. Experience is experience. You don't need to be a corporate suite to have valuable business experience and share that information. You also don't need to talk like you have a bored shoved up your ass to present a good argument. Sometimes entertainment value adds to the overall message. Honestly, I could careless what WSJ published. I know it's a \"\"respected business publication\"\".  Times have changed thanks to the internet. More and more developers are going to realize that they are being used as a tool to make their employers rich.\""}
{"_id": "509270", "title": "", "text": "If real investors are leaving the marketplace, and only gamblers are left, then it is no longer an investment platform.  The market was designed, and allowed by our people &amp; govt, to be an investment platform for effective resource allocation.  A Gambling engine is not an effective resource allocation mechanism."}
{"_id": "509271", "title": "", "text": "As I understand it, it was a mark to market loss. Which means that JPM has booked an unrealized loss while some hedge funds have booked unrealized gains. Now over the next few months as JPM tries to unwind he trades, these losses will be realized."}
{"_id": "509274", "title": "", "text": "Bankers, home builders, and real estate people made a lot of money selling more houses than they should have.  To sell that many houses, they had to lie and let people without good jobs buy houses that cost too much. Then the jobs went away and the people lost their way of paying for their house.  Now there are still all those houses and still no jobs.  It is called a bubble because it was planned.  It was no accident. Even the part about jobs going away.  The rich people knew what was happening, the jobs began to go away in the early 1970's.  The plan, in part, was to make as much money as they could before too many people lost their jobs.  No jobs means no customers and no more easy money."}
{"_id": "509294", "title": "", "text": "I have owned Hondas and have no issues with the reliability, however, all Toyota now come with advanced safety features such as radar cruise control, autobrake, etc., which I believe remain an expensive option on Honda (though I might be mistaken)."}
{"_id": "509314", "title": "", "text": "Very little, as you expected. The CD locks the rate in, meaning you get the rate for sure. The savings account can change any day, so it could fall below the CD's rate. Chances are small, obviously, but it is theoretically possible. If you pay attention, if this happens, you could simply moving it to a CD then (if it is still offered). People with little understanding that want 'security' might be suckered into buying a CD; or there could be versions offered where all the interest comes on the last day (so you delay taxes)."}
{"_id": "509318", "title": "", "text": "You won't be able to avoid the $800 fee. CA FTB has a very specific example, which is identical to your situation (except that they use NV instead of AZ), to show that the LLC has liability in California. State of formation is of no matter, you'll just be liable for fees in that state in addition to the CA fees. This is in fact a very common situation (that's why they have this as an example to begin with). See CA FTB 568 booklet. The example is on page 14. I suggest forming the LLC in AZ/CA and registering it as a foreign entity in the other state (AZ if formed in CA, the better option IMHO, or CA if formed in AZ). You'll have tax liability in both the states, AZ taxes can be credited towards the CA taxes. Instead of forming LLC, you can cover your potential liability with sufficient insurance coverage."}
{"_id": "509322", "title": "", "text": "Close in September... and reopen under new management, new investors, possibly a new name before the end of the year.  This doesn't mean that there is an unprofitable casino here, just that the initial investors chose a bad investment and are getting out."}
{"_id": "509346", "title": "", "text": "What do you think of the argument that corporations shouldn't pay any tax, since investors pay tax on the dividends, and if the corporations paid too, that would be double taxation?  Of course, not all corporate income goes to pay dividends. Much of the rest is deducted as business expense.  Is there some corporate income which should properly be taxed?"}
{"_id": "509352", "title": "", "text": "This is an interesting read.  I'd be interested in hearing what percentage of people making the high cutoff before, and then going above that after was.  That is, how many low wage workers were converted to higher wage workers, and what affect that had on the resulting statistics."}
{"_id": "509355", "title": "", "text": "You don't necessarily change your calculated profit margins and posted prices, but you advertise and offer price matching.  Two out of three consumers may still pay the posted Best Buy price, while the knowledgeable third consumer that did their research will receive the matched price.  Their profit on that third customer will be lower than it was for the other two, but currently they don't get anything from that third customer at all since they just order online.  Meanwhile, now that they're in the store, they may buy a few movies or a power strip."}
{"_id": "509358", "title": "", "text": "I've turned down more than that for a job in new york city. I asked them if they were going to lay on a chaffeur or a helicopter for my exclusive use, and when the answer was no, I politely declined."}
{"_id": "509365", "title": "", "text": "I started my business about 4 years ago.  I heard bad things about Quickbooks for Mac so I steered clear.  I used an open source program called GnuCash and it does a good job.  It's free and fairly easy to set up."}
{"_id": "509387", "title": "", "text": "I have a cleaver plan.  Seriously though instead of U.B.I. pay people to go to school. It might up end the profiteering of the U.S. system but screw those guys .  You pay people to go to school , at least they're doing something and they could if they are motivated use what they are learning to get a job or start a business or become part of the creative life of there communities ."}
{"_id": "509391", "title": "", "text": "You're worried about your tenant. That just means you're a nice guy, and it's ok to be nice. At the same time, you can't be expected to lose money on the property or charge well below market on the rent. My suggestions: You know what? She'll totally understand. You've been super nice in keeping the rent low for so many years, and she's been a great tenant, too. At a certain point, inflation kicks in and you have to raise the rent. She'll get that. If she can find a cheaper place, that's a win for both of you. Help her move if you want to be extra nice. Then decide if you want to sell the place or raise the rent. Either option is fine. Listen to your wife. That's just general advice."}
{"_id": "509405", "title": "", "text": "Starve the beast in practical terms means end government. That is really the goal of the right establishment. Without government, there will be no force to regulate or even prosecute the companies and individuals who fund republican elections. That is the endgame."}
{"_id": "509424", "title": "", "text": "Even better, where does the money come from to pay the penalty? Increased prices for LCD screens. Fining a company just increases its cost of doing business, usually slightly. Send a few executives to jail, rescind the incorporation for even one major company, and this kind of stuff would stop. Fine them, and everyone will just keep doing it."}
{"_id": "509430", "title": "", "text": "\"Pump-and-Dump strategy is happening everywhere. Less so in developed market. I can tell an experience from Emerging Market perspective. Usually several securities brokers work together to pump several \"\"penny\"\" stocks (5 - 7 stocks). They conspire together and searching for several investors, who have money and willing to participate in this scheme. These investors will then agree to invest (usually with Margin from securities) to start pumping the stocks. The stocks will be pumped until several Research Analysts take interest in it. Once the news were spread out regarding these highly speculative stocks. The investors gradually dumps the stocks (with help of their brokers). The things that you need to keep an eye for: - Low trading volume in the previous 3 - 6 months (relative to their peers) - Low P/E ratio with unremarkable earning growth - No positive catalyst or material news regarding the company - Stocks have high momentum (observe on weekly rather daily returns) Pump-and-dump usually last between 3 months to 6 months.\""}
{"_id": "509432", "title": "", "text": "\"I really think the government should have a few 'elite' groups inside of each of their big divisions filled with mathematicians, statisticians, computer scientists, and experts in the fields.   I'm thinking a group pursuing medicare fraud, a group pursuing SEC violations, a group pursuing DOD embezzling, etc.  It's not like these criminals are especially competent, they just rely on staying under the radar.   Hiring a team of 50 or 100 or whatever top notch analysts and then giving them a cut of the fraud they've exposed would go a long way toward attracting top talent in a way that is politically defensible. The SEC doesn't work because being an SEC lawyer pays about a twentieth of what being a lawyer for a hedge fund does. Imagine that same SEC lawyer getting 1% or 5% of the settlements / penalties that are levied against fraudulent companies. You could still become \"\"fuck you\"\" rich while working for the government and the US would be a lot better off.\""}
{"_id": "509436", "title": "", "text": "Stock is ownership. And whether the thing you own is a good or service irrelevant. The ownership itself is all that matters. Ownership = service ??? Ownership = good ??? Maybe the problem is your trying to fit a verb into a noun-based categories?"}
{"_id": "509464", "title": "", "text": "Absolutely, it can. Just look at Vancouver and how Chinese millionaires made the housing market virtually unaffordable to the average citizen. Vancouver passed a new taxation law and now these immigrants are migrating down to Washington doing the same thing: http://q13fox.com/2017/05/10/more-chinese-investors-buying-up-puget-sound-affecting-housing-market-as-a-whole/"}
{"_id": "509498", "title": "", "text": "What's wrong with WIX? I've heard some good and bad about it. I signed up for it because it's cheap concerning how I didn't know how well this would even do at all. I was going to move to Shopify if I got bigger and had more funds to start.  For the last response, how would I research how competitive the market is for organic search? Again, I'm such a noob and am starting from little knowledge, please bear with me here. Haha."}
{"_id": "509504", "title": "", "text": "The NPS is launched by The Government of India with a lot of hope. But it has not been taken off as it was expected due to some reasons. Though PFRDA is working for the betterment of the product, still there are disadvantages of the product, which I feel are: 1. The liquidity is an issue for NPS. If you are 30 years age and started investing for NPS you need to wait for another 30 years for withdrawal of money. 2. Though there is option of partial withdrawal, it's not so easy during requirement. 3. You need to invest in a government approved annuity fund which is mandatory. 4. The 20% of the maturity amount is still taxable if you withdraw it lump sum. So, you should not invest in NPS only for the tax saving purpose."}
{"_id": "509513", "title": "", "text": "&gt; Article 1 Section 9 doesn't have a clause 8. Article 1 covers the legislative branch.  Not saying I think gindc is right here, seems to just be trolling around, but that is definitely a real thing.   https://en.wikipedia.org/wiki/Title_of_Nobility_Clause  Full text:  https://www.gpo.gov/fdsys/pkg/CDOC-110hdoc50/pdf/CDOC-110hdoc50.pdf"}
{"_id": "509535", "title": "", "text": "\"\u2014they will pull your credit report and perform a \"\"hard inquiry\"\" on your file. This means the inquiry will be noted in your credit report and count against you, slightly. This is perfectly normal. Just don't apply too many times too soon or it can begin to add up. They will want proof of your income by asking for recent pay stubs. With this information, your income and your credit profile, they will determine the maximum amount of credit they will lend you and at what interest rate. The better your credit profile, the more money they can lend and the lower the rate.  \u2014that you want financed (the price of the car minus your down payment) that is the amount you can apply for and in that case the only factors they will determine are 1) whether or not you will be approved and 2) at what interest rate you will be approved. While interest rates generally follow the direction of the prime rate as dictated by the federal reserve, there are market fluctuations and variances from one lending institution to the next. Further, different institutions will have different criteria in terms of the amount of credit they deem you worthy of.  \u2014you know the price of the car. Now determine how much you want to put down and take the difference to a bank or credit union. Or, work directly with the dealer. Dealers often give special deals if you finance through them. A common scenario is: 1) A person goes to the car dealer 2) test drives 3) negotiates the purchase price 4) the salesman works the numbers to determine your monthly payment through their own bank. Pay attention during that last process. This is also where they can gain leverage in the deal and make money through the interest rate by offering longer loan terms to maximize their returns on your loan. It's not necessarily a bad thing, it's just how they have to make their money in the deal. It's good to know so you can form your own analysis of the deal and make sure they don't completely bankrupt you.  \u2014is that you can comfortable afford your monthly payment. The car dealers don't really know how much you can afford. They will try to determine to the best they can but only you really know. Don't take more than you can afford. be conservative about it. For example: Think you can only afford $300 a month? Budget it even lower and make yourself only afford $225 a month.\""}
{"_id": "509547", "title": "", "text": "&gt;Entrepreneurs that like to invent will simply do it elsewhere.  Bullshit. Entrepreneurs start businesses where it's easiest for start businesses, and if all of their networking contacts are here, the infrastructure they need to start their company is here, and the target market is here, they aren't going anywhere. Besides, the top marginal tax rate is the last thing on the minds of talented entrepreneurs. They are far too worried about the day-in day-out running of their business to spend their time day-dreaming of how to hide away all of their money once they become rich.   &gt;Expecting people's behaviors to NOT change when diminishing their rewards is ignoring the facts.  That statement displays a tremendous ignorance of human psychology. If this statement were true, no one would ever stay in a shitty relationship, no one would be addicted to drugs, and no one would watch The Office anymore. Human beings are creatures of habit, and breaking those habits is exceptionally difficult, no matter how much the rewards may diminish."}
{"_id": "509552", "title": "", "text": "You make some very valid points.  However, does the state spend the money because they are incompetent; or, because that is how the state is structured to be?  If the latter; then, by whom?    Why do you think we start wars that a five year old could even understand is a sham?  Why do we have overcrowded prisons?    Follow the money.... Remember, the rich stay rich not because of their morals, ethics, or good behavior."}
{"_id": "509565", "title": "", "text": "It is worth noting first that Real Estate is by no means passive income.  The amount of effort and cost involved (maintenance, legal, advertising, insurance, finding the properties, ect.) can be staggering and require a good amount of specialized knowledge to do well. The amount you would have to pay a management company to do the work for you especially with only a few properties can wipe out much of the income while you keep the risk. However, keshlam's answer still applies pretty well in this case but with a lot more variability.  One million dollars worth of property should get you there on average less if you do much of the work yourself.  However, real estate because it is so local and done in ~100k chunks is a lot more variable than passive stocks and bonds, for instance, as you can get really lucky or really unlucky with location, the local economy, natural disasters, tenants... Taking out loans to get you to the million worth of property faster but can add a lot more risk to the process.   Including the risk you wouldn't have any money on retirement.  Investing in Real Estate can be a faster way to retirement than some, but it is more risky than many and definitely not passive."}
{"_id": "509594", "title": "", "text": "If you are looking for a durable fibreglass mesh for plastering a wall, choose Stucco Veneziano for the most reliable products. With over 7 years in the plastering business, we offer exclusive imported products to architects and interior designers across the UK and Europe."}
{"_id": "509602", "title": "", "text": "Thank you for stating this point.  Food prices in the U.S. are stable and reasonable.  The economic downfall was not tied to agriculture.  Why would we mess with something that is functional right as we are starting to show signs of a healthy economy again.  Now I am not supporting Monsanto but with the current state of the economy we shouldn't mess to much with things that are working."}
{"_id": "509608", "title": "", "text": "Since your child is 2, he has a long time horizon for investment.  Assuming the savings will be used at age 19, that's 17 years.  So, I think your best bet is to invest primarily in equities (i.e. stock-based funds) and inside an RESP. Why equities?  Historically, equities have outperformed debt and cash over longer time periods.  But, equities can be volatile in the short term. So, do purchase some fixed-income investments (e.g. 30% government bonds and money market funds), and do also spread your equity money around as well -- e.g. buy some international funds in addition to Canadian funds.  Rebalance every year, and as your child gets closer to university age, start shifting some assets out of equities and into fixed-income, to reduce risk.  You don't want the portfolio torpedoed by an economic crisis the year before the money is required! Next, why inside an RESP? Finally... what if your kid doesn't attend post-secondary education?  First, you should probably get a Family RESP, not a Group RESP.  Group RESPs have strict rules and may forfeit contributions if your kid doesn't attend.  Have a look at Choosing the Right RESP and Canadian Capitalist's post The Pros and Cons of Group RESP Plans. In a Family plan, if none of your kids end up attending post-secondary education, then you forfeit the government match money -- the feds get it back through a 20% surtax on withdrawals.  But,  you'll have the option of rolling over remaining funds into your RRSP, if you have room."}
{"_id": "509617", "title": "", "text": "Scanned or electronic copies of invoices should be sufficient as long as they are accurate and you can deliver them during an audit. Also, if you have an accountant prepare your taxes you would either need to provide them a copy of the invoices or a summary of them with the corresponding amounts to be claimed. Personally I prefer to print out a paper copy and file that away with that quarter's and year's other tax documents. I do my own taxes and find paper copies handy as I can go through each invoice/receipt and make sure I have entered its information by ticking it. I find that when handling a large number of documents that paper copies are more easy to handle than electronic ones. In the end you will need to use a system that you feel comfortable with and are able to use effectively."}
{"_id": "509628", "title": "", "text": "First of all, you need to tell Paypal people that you've changed your country of residence & your tax residency no longer is India. Then they'll tell you to create a new paypal account & get it verified. And then you can transfer the older paypal account money to that new paypal account & tell them to close the older paypal account. Then use remittance services to transfer to NRE. That's the legal process as far as I know, because Paypal would want to keep its records updated, or else it'd be against its Anti Money Laundering policy."}
{"_id": "509636", "title": "", "text": "Because they often say one thing with another in mind. For instance less people under the tax bracket is bad for the state. But making people think they are getting a raise while only putting more people in a taxable bracket and not actually putting anything in their pockets. It is a scam. But the poor eat it up and still end up being poor. But they think they got a raise so they vote for more policies that increase the states income and tithes."}
{"_id": "509650", "title": "", "text": "\"While I agree with Ben a lot I feel like his answer is really poor here. You do not call a number to give your credit card information out for a refund.  That is ridiculous.  Just from his answer - he has had 5 cases of fraud lately - you should know that you shouldn't follow this advice. I personally don't ever give my credit card number over the phone, unless it is the very very very last resort.  It is not just about money and safety but it is about time.  Every time that you give your number out over the phone there is a chance that the employee on the other end (by either scam or legitimate business) will use or sell your info.  So you need to determine if the time saved by doing a transaction over the phone is worth hours/days of your time if your card has a fraud issue.  And note that fraud sometimes is easily negated, but if done smartly can be hard to prove via a quick call or email to card company. What should you do? Tell company that you will simply get the refund through your credit card company. And if we go back to time element...  You fill out form on card website.  Card company goes back to vendor and says - \"\"Why are you asking for card numbers via email?\"\"  Card company either cancels vendor contract or more likely helps them understand the technology available so they don't have to do this.  Therefore that quick form that you filled out will now keep this company from bugging you again.  By going through their archaic \"\"systems\"\" you are enabling their behavior.\""}
{"_id": "509655", "title": "", "text": "i have experienced other countries, among them have been 20 plus countries in europe, 10 ish countries in asia and a few countries in middle east - and there were downsides to these especially kind of old world europe that was not built to be comfortable for moderm life the way us / new cities in asia like singapore are"}
{"_id": "509659", "title": "", "text": "As JB hints, it is likely due to superior or improving, fundamentals. If the fundamentals of a company improve then its ability to repay loans improves. If its ability to repay improves then more sources of cash become willing to lend to the company. Also if fundamentals are improving then more sources are willing to buy and/or hold the stock."}
{"_id": "509661", "title": "", "text": "We provide Gold, silver, Nickel, Copper, Chrome, Zinc electroplating to a wide range of industries. We use highest quality materials to provide top notch electroplating and have the fastest turnaround in NY. We can handle all types of electroplating requirements whether small or big. Our prices are quite reasonable too."}
{"_id": "509662", "title": "", "text": "@OP:  It's all about risk.  With a cash buyer the decision is left up to one person.  With a financed buyer it adds another approval process (the lender).  It's another opportunity for the deal to fall through.  If the bank is the lender then there's even more risk.  They've already taken back the property once and incurred cost and they're setting themselves up to do it all over again.  The discount price can depend on a lot of factors.  Maybe it's a bad area and they need to get rid of it.  Maybe the appraisals for the area are low because of foreclosures and they know it will be hard for a Buyer to get a loan.  Lots of reasons as to what price they'd take. @Shawn:  Every deal has contingencies unless it's a foreclosure bought at auction.  Even if you are getting a steal from the bank in terms of price you're always going to have an inspection period.  If a Buyer doesn't need an inspection then he will just go to an auction and buy a property for an even cheaper price."}
{"_id": "509680", "title": "", "text": "Wow, 5 states let you replace university degrees with something even more impossible to get, that means  YOU DONT NEED A DEGREE ANYWHERE! Oh wait, most of the time you need a fucking degree, nationwide. 90% only accept a degree. Can you take the bar exam in 90% of the states with no degree?"}
{"_id": "509681", "title": "", "text": "You could get a prepaid Visa card. You don't need a bank account and at least here in Australia you just buy them over the counter at the post office. I believe the U.K. has a similar card: Travel Money Card Plus from the Post Office.  The card requires a UK passport or driving license. Other European countries may have similar prepaid cards but may also require resident status and electronic identity / credit inquiry."}
{"_id": "509714", "title": "", "text": "Lightning safety experts at Lightning Eliminators and Consultants Inc., understands the need of these industries to protect production equipment to avoid sudden drops or surge in voltages or even to disconnect from the main supply grid. The company has over 4 decades of experience in lighting safety and protection for these sectors, continuous research and professional solutions allowing to a considerable reduction of lightning damage. Visit us online here: https://lightningprotectiondesignblog.wordpress.com/2017/08/09/industrial-lightning-protection-and-safety/"}
{"_id": "509723", "title": "", "text": "The company says it's out of their control - it isn't. All they have to do is to INSTRUCT HSBC to send a certain amount of GBP, and then HSBC MUST send GBP.  Obviously the bank doesn't like that because they make money through the conversion. That's not your problem. When told to send GBP, they must send GBP.  Depending on what your relationship with that company is, you lost money because they didn't send the GBP. At the very least, they sent you four percent less in Euros than they should have sent you. So send them a bill for the difference. It's unfortunate that your bank charged for the conversion Euro to GBP, but fact is that less than the agreed amount arrived at your bank, and that's the responsibility of the sender."}
{"_id": "509739", "title": "", "text": "I came to US as an international student several years ago, and I have also experienced the same situation like most of the international students in finding ways to build credit history. Below I list out some possible approaches you may want to consider: I. Get a student job at campus (recommended) I think the best way is to get a student job in university, say a teaching assistant or student helper. In this case, you can be provided with a social security number and start to build your own credit history. II. Get credit card You can also consider to apply for a credit card. There are indeed some financial institutions that can provide credit cards for international students with no or limited credit scores requirement, say Discover and Bank of America. However, it is relatively hard to get approved, simply because hey may put more restriction in other aspects. For example, you may be required to keep sufficient bank balance above several thousand dollars during a period of time, or you should prove that you have relatives with citizenship in US who can provide your financial aid if needed. III. Apply for a loan (recommended) Getting a loan product is another alternative to get out of this difficult situation, but most of people don\u2019t realize that. There are some FinTech start-ups in United States that specifically focus on international students\u2019 loan financing. One representative example is Westbon (Westbon ), an online lending company that specializes in providing car loan for international students with no SSN or credit history. I once used their loan product to finance a Honda Accord, and Westbon reported my loan transaction records to US credit bureau during my repayment process. Later when I officially got my SSN number, I found my credit history has been automatically synchronized and I don\u2019t have to start from all over again. It never be an easy journey for international students to build credit history in United States. What approach you should make really depends on you own situation. I hope the information above can be useful and good luck for your credit journey!"}
{"_id": "509742", "title": "", "text": "Make sure your English is as fluent as you can, and learn more about western cultures so you can talk about peoples home countries with them. You don't need to be an expert but just enough to get a conversation started and get people talking. A random discussion about an old American TV show called Stargate SG1 on a overnight train in Thailand resulted in the waitress selling me a lot more coffee than she would have done otherwise."}
{"_id": "509745", "title": "", "text": "When you look at the charts in Google Finance, they put the news on the right hand side. The time stamp for each news item is indicated with a letter in the chart. This often shows what news the market is reacting to. In your example:  Clicking on the letter F leads to this Reuters story: http://www.reuters.com/article/2011/02/04/usa-housing-s-idUSWAT01486120110204"}
{"_id": "509761", "title": "", "text": "\"Partly I suspect this is selection bias. You say you see so many luxury cars go by. But if you're looking for them, you're going to notice them. Have you calculated the actual percentage? Do they make up 50% of the cars that pass a specific point in a specific period of time? Or just 10% if you really counted? You say you live in Baltimore county, Maryland. That's a relatively wealthy area, so I'd expect the percentage of luxury cars to be higher than the national average. You'd likely see considerably fewer in the backwoods of Mississippi. That said, some people who own luxury cars can't really afford them. I'm reminded of a wonderful TV commercial I saw recently where a man is showing off all his material goods, he talks about his big house, and his swimming pool, and his fancy car, with a big smile on his face, standing tall, and generally looking proud and happy. And then he says, \"\"How do I do it?\"\" And suddenly his expression changes to complete despair, he slumps down, and says, \"\"I'm in debt up to my eyeballs.\"\" It turns out to be a commercial for a debt-counseling service. Some people put very high value on owning a fancy car and are willing to sacrifice on other things. If having a big fancy car is more important to you then, say, having a nice house or the latest computer or a big screen TV or dining out more often or going on more expensive vacations or whatever you have to give up to get the car, well, that's your decision. Personally I don't care much about a fancy car, I just want something that gets me where I want to go. And I've always figured that with an expensive car, you have to constantly worry about getting in an accident and damaging or destroying it. If you put your money into a big fancy house, at least houses rarely collide with each other. Personally, I make a nice income too. And I have a $500/month mortgage and zero car payment because I drive a 2003 pickup that I bought with cash. But I have two kids in college and I'm trying to get them through with no debt, that's where all my money is going.\""}
{"_id": "509772", "title": "", "text": "The reason your 401k match is always counted as pre-tax whether you are contributing to a traditional 401k or a Roth is that the money is contributed by the employer and is not counted as income, and that contribution is not taxed as income. Should you wish to pay taxes on it and convert it to a Roth, you can do that, though perhaps not until you change jobs."}
{"_id": "509779", "title": "", "text": "If you are one of those who react to aging like this, you are lucky. Others who sigh heavily at the mention of aging can turn towards skin tightening procedure in Noida. The procedure uses laser technology that tightens the sagging skin and triggers the production of collagen in the skin."}
{"_id": "509795", "title": "", "text": "Auto-correlation is a statistical concept for measuring repeating patterns in series.  In stocks it is of particular interest as if future prices can be reliably guessed from past prices a lot of money could be made.   Note, even in cases where auto-correlations are high and persistent (near 1) there is still some possibility that the next time period would be down even if the previous period was up.  Now the important part here is that high and persistent auto-correlation also means once the price falls the next period the price is also more likely to fall! Once one period was down the next period is more likely to be down so the price does not need to go to infinity.  Instead, it generally would display up and down trends. Now, the key word above for investing is persistence. For stocks, auto-correlations are, at best, weakly persistent at reasonable time scales.  So, even if a stock was highly auto-correlated during a previous period it is tough to make consistent money off of trading on these past trending patterns.  This does not mean some people don't try..."}
{"_id": "509799", "title": "", "text": "If you held the shares directly, the transfer agent, Computershare, should have had you registered and your address from some point on file.  I have some experience with Computershare, it turned out when Qwest restarted dividends and the checks mailed to the childhood home my parents no longer owned, they were able to reissue all to my new address with one telephone call.  I can't tell you what their international transfer policies or fees might be, but if they have your money, at least its found. Transfer Agent Computershare Investor Services serves as the stock transfer agent for Tellabs. If you need to transfer stock, change ownership, report lost or stolen certificates, or change your address, please contact Computershare Investor Services at +1.312.360.5389."}
{"_id": "509812", "title": "", "text": "In your mind, what do you think the stimulus was? Obama throwing money out of a helicopter over an inner-city housing project? I'm tired of this stupid notion that those who were hurt the most by the recession somehow caused the recession."}
{"_id": "509816", "title": "", "text": "Stating poor estimates in advance will lower your share price to compensate for thge extras boost it gets later ... And may run afoul of stock manipulation laws. More pain than gain likely."}
{"_id": "509818", "title": "", "text": "To a point.  There is also increasing prices to make their toys a premium product.  Part of it is paying for many if not most of the sets to be tied to licenses, another part is more complicated sets as they became a premium brand.    But as they became a premium brand, they began losing the lower end of the market.  I buy lego, but at toys for tots time I donate megablocks."}
{"_id": "509819", "title": "", "text": "I am a believer in stocks for the long term, I sat on the S&P right though the last crash, and am 15% below the high before the crash.  For individual stocks, you need to look more closely, and often ask yourself about its valuation. The trick is to buy right and not be afraid to sell when the stock appears to be too high for the underlying fundamentals. Before the dotcom bubble I bought Motorola at $40. Sold some at $80, $100, and out at $120. Coworkers who bought in were laughing as it went to $160. But soon after, the high tech bubble burst, and my sales at $100 looked good in hindsight. The stock you are looking at - would you buy more at today's price? If not, it may be time to sell at least some of that position."}
{"_id": "509823", "title": "", "text": "Not sure how this is a clear case of Quid pro Qou. In the U.S., the majority of oil production actually benefits greatly from higher prices due to the fact that it uses fracturing technology which is higher cost. The fact that Qatar is increasing oil hurts the United States much more than it hurts the Saudi's. Their cost of production is significantly lower than ours."}
{"_id": "509829", "title": "", "text": "That's cute. What's the gdp of those two regions? Exports is a subset of business, not the only measuring stick. Who are you, Donald Trump?  And why the fuck did you make this a racial thing? The mods should absolutely take this post down."}
{"_id": "509837", "title": "", "text": "You need to look at all your investment as a whole. The 401K, IRA, and any taxable account need to be a part of the diversification and re-balancing. The fact you have regular deposits into the 401K needs to also be a part of your strategy.  Regardless of how much specific investments have gone up this year, you need to first determine how you want to be invested in large cap stock, small cap stock, bond, international, emerging markets... Then you need to see where you are today compared to those investment percentages. You then move the money in the retirement accounts to get to your desired percentage. And set the 401K deposits to be consistent with your goals. Many times the deposits are allocated the same way the balances are, but that is more complex if one of the sectors you are investing in exists completely outside the 401K.  When you re-balance in the future you will be selling sectors that grew the most and buying those that grew the least compared to their planned percentages. If all the moves are within the 401K and IRA then capital gains are not a concern. Don't think of the different accounts as separate baskets, but think of them as a whole investment strategy."}
{"_id": "509852", "title": "", "text": "DRM is not to blame. The publishers should have come together and built their own store (with or without DRM). Hulu is a good example of content creators/publishers working together to publish their content online. I admit that the only shows I download now are House (since it is release a week later) and NCIS (because CBS' video player sucks). Everything else I watch on Hulu.  As a customer I applaud Amazon (and iTunes, in the case of music) for making the decision easier for me and others. Yes, I may be giving up the freedom to switch to another vendor; but, I have yet to find another vendor worth buying from so this really is a non-issue.  Amazon, Apple, and Hulu do one thing very well: focus on the customer experience. The print publishers would be wise to learn from them and build their own store if they are so worried about profits. However, they too will use DRM."}
{"_id": "509862", "title": "", "text": "Ethically, you and your landlord should always report both income and expense as there technically exists a service and a rent. So it is subject to taxation. On the other hand, it can be considered an exchange of a simple favour and if it doesn't involve a money exchange or any profits (I am assuming that you are not selling what you or your landlord produce on the market) no value can be calculated thus no taxation can be applied. This changes though if a contract is involved, as a legal value can be estimated. Caution: These subjects can vary on an extreme level of specificity, of what can and cannot be claimed as income and expense, which can vary per country, state, province and even per judge, as well as the nature and sector of the work. Also, if you intend to formalize this relationship, the type of contract and reporting forms do vary per state as well. So it might be best to confirm it with a local legal advisor to avoid unfortunate surprises."}
{"_id": "509871", "title": "", "text": "This has been a problem for sometime. The lobbies for the metals used in the minting process, specifically Zinc, have been successful time and time again in keeping it off the radar. And when law makers go to Washington, they're much more interested in something more high profile than a bill to discontinue the penny.  Also, the upside is only saving small amounts of money over time, which doesn't interest them either, versus a debate over nostalgia. And if you want evidence of how visceral the public can muster over something completely inconsequential go ask Neil DeGrasse Tyson how well downgrading Pluto went."}
{"_id": "509872", "title": "", "text": "What do you offer?  PM me your resume.   Edit: Don't care about $500, I know places hiring in Minneapolis so happy to pass along info if you meet any qualifications for open roles. Need more info to go off though."}
{"_id": "509879", "title": "", "text": "You should never invest in a stock just for the dividend. Dividends are not guaranteed. I have seen some companies that are paying close to 10% dividends but are losing money and have to borrow funds just to maintain the dividends. How long can these companies continue paying dividends at this rate or at all. Would you keep investing in a stock paying 10% dividends per year where the share price is falling 20% per year? I know I wouldn't. Some high dividend paying stocks also tend to grow a lot slower than lower or non dividend paying stocks. You should look at the total return - both dividend yield and capital return combined to make a better decision. You should also never stay in a stock which is falling drastically just because it pays a dividend. I would never stay in a stock that falls 20%, 30%, 50% or more just because I am getting a 5% dividend. Regarding taxation, some countries may have special taxation rules when it comes to dividends just like they may have special taxation rules for longer term capital gains compared to shorter term capital gains. Again no one should use taxation as the main purpose to make an investment decision. You should factor taxation into your decision but it should never be the determining factor of your decisions. No one has ever become poor in making a gain and paying some tax, but many people have lost a great portion of their capital by not selling a stock when it has lost 50% or more of its value."}
{"_id": "509883", "title": "", "text": "It doesn't really make sense to cure indebtedness with more debt.  This is why your friend is having trouble finding someone to loan him money.  If he can't borrow at a lower rate then he should probably focus on paying down some of his debt."}
{"_id": "509912", "title": "", "text": "This is really what excites me, how about we pick some one out of the rest of the 99% of America. . .we have had such a long line of 1% . . of course AIPAC will not be happy and your Master Nathanyahoo will be most disappointed."}
{"_id": "509936", "title": "", "text": "To your secondary question: Appropriately consider all estimated numbers involved with keeping the house compared to your closest estimate of what the home could sell for. Weigh out the pros and cons yourself as a stranger will not be able to 100% appreciate what you value and dislike.  Remember to include insurances, taxes, HOA(s), and the actual mortgage payment. Depending on how you also plan to rent out the property, include whichever utilities you intend to cover (if any).  There will also be costs for property management and upkeep as things will break overtime and tenants will not hesitate to get you (or your management) to fix them, either way that means you are paying. I would also keep in mind while homes typically appreciate in value there is a higher risk with tenants for the value to depreciate to damages and poor upkeep.  There are increased legal risks to renting, so be sure you have properly vetted whichever management you are going with.  In extreme circumstances you also could be required to retain an attorney to defend yourself again litigation because whichever management team you hire will most likely defend themselves and not include you in that umbrella.  My family lives in the LA area as well and a judge refused to throw out an obvious frivolous suit when my parents attempted to rent out a house.  The possible renters after signing the main paperwork never showed to finish a second set of documents for renting.  Parents immediately declined to rent to these people as they missed something so important without any explanation and they sued claiming racism, emotional damages, and some other really crazy things despite my parents never having met them (first meeting was between property management and renters only). Personally and professionally, I would only suggest renting our the place and not selling if you can turn a profit after all the above mentioned costs. If renters are only paying to keep the property in the black you have yourself a non-earning asset which WILL be damaged over time and require repairs which will come out of your pocket.  Also, while the property is unoccupied you also must remember it is not earning at that time. Much of this may sound obvious, overcautious, etc... I simply wish to provide my family's experience to help you in making your decisions.   Best of luck with your endeavor. Edit:  Also, you will be required to report all earned rental income on your taxes. They will fall under the Schedule E and possibly K-1 area.  I would strongly recommend consulting with an actual accountant about the impacts to you."}
{"_id": "509939", "title": "", "text": "Shareholder's Equity consists of two main things: The initial capitalization of the company (when the shares were first sold, plus extra share issues) and retained earnings, which is the amount of money the company has made over and above capitalization, which has not been re-distributed back to shareholders. So yes, it is the firm's total equity financing-- the initial capitalization is the equity that was put into the company when it was founded plus subsequent increases in equity due to share issues, and retained earnings is the increase in equity that has occurred since then which has not yet been re-distributed to shareholders (though it belongs to them, as the residual claimants). Both accounts are credited when they increase, because they represent an increase in cash, that is debited, so in order to make credits = debits they must be credits. (It doesn't mean that the company has that much cash on hand, as the cash will likely be re-invested). Shareholder's Equity is neither an asset nor a liability: it is used to purchase assets and to reduce liabilities, and is simply a measure of assets minus liabilities that is necessary to make the accounting equation balance: Since the book value of stocks doesn't change that often (because it represents the price the company sold it for, not the current value on the stock market, and would therefore only change when there were new share issues), almost all changes in total assets or in total liabilities are reflected in Retained Earnings."}
{"_id": "509942", "title": "", "text": "Dealhoud, You are on the right path but this is actually an Equivalent annual cost problem. You have to take it a step further and divide the NPV by the Annuity factor.  You need to calculate the annuity factor and divide the investment by that amount.    Annuity Factor = (1-(1/(1+r)^n )) /r   We know the annual cost of the the current forklift = $5K. We need to figure out the Equivalent annual cost of the new forklift.  Investment / Annuity Factor + annual Cost = EAC.   Therefore $20K / (1 - (1/(1.04^10 )) / 0.04 = $2,465.82 + annual Maintenance = $4,465.82 therefore it makes sense to replace the old machine."}
{"_id": "509964", "title": "", "text": "Industry\u2019s best Conveyancing solicitors working at this company are known for offering a full range of property services. They will help you acquire off the plan purchases; strata title properties, house and land packages, community title, company title units, etc."}
{"_id": "509978", "title": "", "text": "\"Due to the issues in the Eurozone, many foreign investors were buying Swiss Francs as a hedge against a Euro devaluation. They were in effect treating the Franc like gold, silver or some other commodity with perceived intrinsic value. This causes huge problems from the Swiss, as the value of the Franc increased and their exports became more expensive for foreigners to purchase. Things were getting bad enough that the Swiss in some places were travelling to Germany to buy groceries! To enforce this \"\"fixing\"\" of the Franc, the Swiss Central Bank announced that they would buy foreign currency in unlimited quantities by printing Francs. In reality, just announcing that they were going to do this was sufficient to discourage foreign investors from loading up on Francs. NPR's Planet Money did a really good job covering this topic:\""}
{"_id": "509979", "title": "", "text": "I'm very familiar with it. Journalism is even worse than that. Infinitely worse. The reproducibility problem in academia is only known because publishing a scholarly article requires detailed description of methods. Lack of reproducibility is the reason for publishing methods, not a counter argument."}
{"_id": "509999", "title": "", "text": "\"Oh the classic \"\"much human nature\"\" argument which ignored capitalism had existed for less than tree centuries as and there are still several tribes where people hunt and share their hunt without even telling who hunted the animal or where.people eat whatever they hunted after everybody else has eaten first  But people are naturally selfish, surely it's not cultural or due to an economic system\""}
{"_id": "510006", "title": "", "text": "The problem with short options is they expire and have to be covered. An inverse ETF is the way to go in my opinion. Because the real issue isn't if the market is overvalued but when will it correct. That's the risk and no one knows that answer"}
{"_id": "510015", "title": "", "text": "\"I'll repeat, do you have an actual argument to contribute or just going to keep derailing?   Putting the onus onto me to disprove my own argument, that's really reaching..the bigger question is why are you unable to disprove me yourself? It should be \"\"pretty easy\"\" for a true skeptic, but impossible for a believer. Which are you?   You're the one trying to invalidate my argument but you have yet to give a reason why.   So far none of your replies have even mentioned the website which makes me think you aren't even here to talk about it.   Either give me an actual argument against my claim, or expose yourself as having zero integrity when confronted with facts you don't like.\""}
{"_id": "510022", "title": "", "text": "You could have googled this question.  I did so and found a link to this article. YMMV taking investment advice from thestreet.com is very likely to lose you money.  However, there do not seem to be any sector funds that specifically focus on the electric vehicle market. Along similar, but not exactly the same lines, there are sector funds that focus on renewable energy.  This article reviews some of them."}
{"_id": "510026", "title": "", "text": "UtR had legal permits to have a rally. Antifa showed up with the intentions of causing a huge disruption. The police and mayor have a role in this fabricated counter rally also. There were no American flags, so I highly doubt the people there were the true representatives of the Trump movement. But the media will use it anyway to make us look bad, even when 99% of real supporters do not advocate hate, racism and bigotry.  Where is all the outrage when Antifa, BLM or islamic extremists harm people? Is it silenced by the media because it doesnt perfectly frame the lefts narrative, like what happened recently?   Trump disavowed all violence. It truly doesnt matter because whatever he said, it was going to be used against him. Obama never disavowed BLM for their henious actions. Its what politicians do, I guess."}
{"_id": "510030", "title": "", "text": "\"From what I understand, it involves a lot of screen capping facebook conversations and posting them to /r/atheism for a bountiful harvest of bitter karma points. :P  In reality, it would be more of the everyday things they *don't* do. No \"\"God bless you\"\" when someone sneezes. No \"\"I'll pray for you\"\" when a negative event happens. The occasional atheist may rant IRL about how \"\"God is a magic friend\"\" or however that goes.  Basically, acting from a belief that there is no god.\""}
{"_id": "510033", "title": "", "text": "\"Funny, all the stats say the opposite and that the majority of CEOs and the too earners are gaining more and more and the rest of people aren't making anymore or are actually making less. There is plenty of money to go around and this whole \"\"poor CEOs and small business owners\"\" bullshit is a dismissive argument by conservatives to distract from the falling wages and widening economic gap statistics. If a company is making little to no profit, how about they quit blaming their minimum wage workers and find a better business model.\""}
{"_id": "510041", "title": "", "text": "Ah - sadly I have no money. Mostly just curious after watching The Big Short last week haha.   I find that line of insight interesting though.  I've been seeing a lot of mall closures in Canada as anchor tenants like sears leave though. Kind of makes me wonder whether franchisees will start closing stores like footlocker and food court restaurants since they operate on such small margins, and the leases usually seem to be written around the presence of foot traffic generating anchor tenants."}
{"_id": "510043", "title": "", "text": "If the work is unnecessary, the jobs were made obsolete.  The only thing that's changed is we're paying less to create the same product.  The worker's former compensation doesn't disappear into the ether, it's re-allocated to the new players  (electric company, robotics manufacturer, mechanic, etc.); a person being fired is only half the story.  Blaming Amazon for becoming more efficient by being an early adopter of new technology and business practices seems like misplaced aggression"}
{"_id": "510045", "title": "", "text": "How am I changing the subject, I clearly stated it was hard to police and it is, again, Paris has 55,000 listings, it's also illegal there... Please show even a shred of evidence that cities code, laws, etc have stopped people from doing it."}
{"_id": "510061", "title": "", "text": "\"My broker (thinkorswim) offers this from the platform's trade tab.  I believe this feature isn't crippled in the PaperMoney version which is effectively a \"\"free online service.\"\"\""}
{"_id": "510063", "title": "", "text": "Depends on your credit score. If you came from foreign country, you might not be having enough Credit Score.  In that case, you have to go for Prepaid Credit Card offered by Banks. For prepaid credit card,you have to deposit certain amount of money which will act as your credit line."}
{"_id": "510076", "title": "", "text": "I'm not going to speculate on the nature of your relationship with your wife, but the fact that you are worried about what would happen in the event of a divorce is a bit concerning.  Presumably you married her with the intent of staying together forever, so what's the big deal if you spend 50k upgrading the house you live in, assuming you won't get divorced? Now, if you really are worried about something happening in the future, you might want to seek legal advice about the content of the prenup.  I am guessing if the 400k were your assets before marriage, you have full claim to that amount in the event of a divorce*.  If you document the loan, or make some agreement, I would think you would have claim to at least some of the house's appreciation due to the renovations if they were made with your money*. *obligatgory IANAL"}
{"_id": "510083", "title": "", "text": "Where did you see both of these scores?  How far apart did you see both of these scores?  What has changed between this time?   How old are you? (an estimate is fine) ___  Go to Credit Karma and find out if something new is happening"}
{"_id": "510087", "title": "", "text": "\"Fund a way to make mistakes with someone else's money.  It is the best business advice I got as a young person. You learn so much more by failure and f'up than you do by success and if you do it with others money then it doesn't really hurt you.   The other thing I wish I had understood earlier was basic book keeping and financial analysis. At 33 I'm just now figuring out basic thinga like how a P&amp;L and Balance sheet work together and how to do a cash forecast.   As my mentor said: \"\"Double entry accounting has been used in business since Jesus.  There's a reason. \"\"\""}
{"_id": "510094", "title": "", "text": "&gt; We have capable people here who get laid off because of this program.  That is just plain wrong. Do you work in staffing or HR or have actual knowledge of this? Have you ever asked managers why they hire H1B's?"}
{"_id": "510101", "title": "", "text": "While a lot of trading is executed by computers, a substantial amount is still done at the behest of humans.  Brokers managing accounts, Portfolio Managers, and Managers of Mutual Funds doing stock picks etc.  Those folks are still initiating a very large number of the trades (or at least one side of a trade).  And those humans don't work 7 days a week. it's not just computers talking to computers at the behest of other computers.  And even a lot of places that use computers to create models and such, there are still humans in the loop to ensure that the computers are not ordering something stupid to be done. I personally worked for a firm that managed nearly $20Billion in stock portfolios.  The portfolios were designed to track indexes, or a mix of indexes and actively managed funds, but with the addition of managing for tax efficiency.  A lot of complex math and complicated 'solver' programs that figured out each day what if anything to trade in each portfolio.  Despite all those computers, humans still reviewed all the trades to be sure they made sense. And those humans only worked 5 days a week."}
{"_id": "510130", "title": "", "text": "Well the problem is it's tough for people to get loans through banks and mortgage brokers now. Even if you can afford it on a monthly basis.   Investors are paying cash for homes and renting them for more than it would cost people who legitimately need a place to live."}
{"_id": "510144", "title": "", "text": "\"I'm assuming that you're in the US.  In that case, the answer is that it depends on how your company set up its reimbursement plan.  The IRS recognizes \"\"accountable\"\" and \"\"nonaccountable\"\" plans.  Accountable plans have to meet certain requirements.  Anything else is nonaccountable.  If you are reimbursed according to an accountable plan, this is not income and should not be reported to the IRS at all.  If you are reimbursed under a nonaccountable plan, then this is income but you might be able to get a deduction on your tax return if you itemize. Most established companies have accountable plans for normal business expenses. More detail from IRS: http://www.tax.gov/TaxabilityCertainFringeBenefits/pdf/Accountable_v_Nonaccountable_Plans_Methods_of_Reimbursing_Employees_for_Expense.pdf\""}
{"_id": "510148", "title": "", "text": "\"Same in childcare, but people are more willing to pay and the work isn't as hard.  So it kind of works out.         I do tutoring on the side and my officemate suggested I get into at home childcare because \"\"My daycare lady makes BANK! It's so expensive!!!!!\"\" then I broke down for her how inexpensive those prices really are.  She was shocked and agreed that it's actually a quite low paying gig.         People don't think critically about what they're getting for the money- they just see a huge check written weekly.\""}
{"_id": "510163", "title": "", "text": "\"The Minnesota Mining and Manufacturing Company was established in 1902 as a private company.  It first raised public funds around 1903 but had a limited shareholder base.  By around 1929, it was reported as being tradeable as an OTC (over-the-counter) stock but it's likely that shares were traded well before this.  On 14 Jan 1946, the stock was listed on NYSE.  On 26 Sep 1962 it became a constituent of the the S&P 500 index.  On 9 Aug 1976 it became a constituent of the Dow Jones Industrial Average. In 2002, the company's name changed to 3M Co. It appears that the data on Crunchbase's \"\"IPO Date\"\" is wrong on this one. However, there are several companies that appear to do an \"\"IPO\"\" and have trading prices prior.  This is quite typical of early-stage biotech companies that trade OTC prior to a major exchange listing and \"\"IPO\"\". An example of an IPO happening after a company became publicly tradeable is NASDAQ:IMRN (Immuron). They had an \"\"IPO\"\" on Nasdaq on 9 Jun 2017, yet they had been trading as an OTC/Pink Sheet stock for months prior. They also have been listed in Australia since 30 Apr 1999. http://www.nasdaq.com/markets/ipos/activity.aspx?tab=pricings&month=2017-06 Another example is NASDAQ:GNTY (Guaranty Banchshares Inc) which had an \"\"IPO\"\" and NASDAQ listing in May 2017. This was a Nasdaq stock in 1998, went OTC/pink sheet stock in 2005. It has been paying regular dividends since that time. Clearly the word \"\"Initial\"\" is subjective!  http://www.nasdaq.com/markets/ipos/activity.aspx?tab=pricings&month=2017-05\""}
{"_id": "510167", "title": "", "text": "~~LLPs are for licensed professionals like doctors and lawyers. He'll need to incorporate as an LLC if that's the route he goes.~~  He really should talk to a lawyer and an accountant before doing anything. There are probably no advantages to an LLC if the property isn't actually owned by the corporation."}
{"_id": "510181", "title": "", "text": "You may be able to choose.  As a small business, you can expense certain depreciable assets (section 179).  But by choosing to depreciate the asset, you are also increasing the cost-basis of the property.  Are you planning to sell the property in the next couple of years?  Do you need a higher basis? Section 179 - Election to expense certain depreciable business assets"}
{"_id": "510185", "title": "", "text": "They don't need a High School degree and even the military requires one now. It's a job with benefits and overtime.  With only 3 years of experience, they can make $80,000/year.   Finally, the rural areas the mines are located are cheap places to live, where a typical 3-bedroom 2000-ft brick home sells for $110,000.  People can afford to have families.  The Disneyland employee is paying $1200/month rent and can't afford a house near Orlando. They don't need a HS degree either, but those people are making $8/hr and are probably living with their parents."}
{"_id": "510196", "title": "", "text": "That's a great article. It covered the viewpoints of the exchanges and high frequency traders in more depth than most of the other articles I've read. The balance between the volume HFT provides an exchange versus the resources and strain they put on exchanges is a precarious situation."}
{"_id": "510211", "title": "", "text": "The same banks that own those loan debts are also heavily invested in the corporations who provide workforce data for educational and job placement to the schools the debtors attend... And the same Corporations who offer jobs to graduates- they can be sure they'll be getting pliable debt slaves right out the gate.  They'll be good little taxpayers, funding the wars for profit contracts and corporate subsidies which are all good for the banks.   People think they are getting education, but they are actually (by-and-large) getting shackles."}
{"_id": "510219", "title": "", "text": "I recognize you are probably somewhere in the middle of various steps here... but I'd start and go through one-by-one in a disciplined way. That helps to cut through the overwhelming torrent of information that's out there. Here is my start at a general checklist: others can feel free to edit it or add their input. How 'much' house would you like to buy in terms of $$$ and bedrooms/sq ft. You can start pretty general here, but the idea is to figure out if you can actually afford a brand new 4bd/3ba 2,500 sq ft house (upwards of $500K in your neck of the woods according to trulia.com). Or maybe with your current resources you'll be looking at something like a townhome that is more entry-level but still yours. Some might recommend that this is a good time to talk to any significant others/whomevers and understand/manage expectations. My wife usually cares a lot about schools at this stage, but I think it's too early. Just ballpark whether you're looking at a $500K house, a $300K house, or a $200K townhome.  How much house can you afford in terms of monthly payments only... (not considering other costs like utilities yet). Looking around at calculators like this one from bankrate.com can help you figure this out. Set the interest rate @ 5%, 30-year loan, and change the 'mortgage amount' until you have something that is about 80%-90% of what you currently pay in rent each month. I'll get to 'why' to undershoot your rent payment later.  Crap... can't afford my dream house... If you don't have the down payment to make the numbers work (remember that this doesn't even include closing costs yet), there are other loan options like FHA loans that can go as low as about 5% down payment. The math would be the same but you replace 0.8 with 0.95.  Then, look at your personal budget. Come up with general estimates of what you currently bring in and spend each month overall. Just ballpark it...  Next, figure what you currently spend towards housing in particular. Whether you are paying for it or your landlord is paying for it, someone pays for a lot of different things for housing. For now, my list would include (1) Rent, (2) Mortgage Payment, (3) Electricity, (4) Gas, (5) Sewer, (6) Water, (7) Trash, (8) Other utilities... TV/Internet/Phone, (9) Property Insurance, (10) Renter's Insurance, and (11) Property Taxes.  I would put it into a table in Excel somewhere that has 3 columns... The first has the labels, the second will have what you spend now, and the third will have what you might spend on each one as a homeowner. If you pay it now, put it in the second column. If your landlord pays it right now, leave it out as that's included in your rent payment. Obviously each cell won't be filled in. Fill in the rest of the third column. You won't pay rent anymore, but you will have a mortgage payment. You probably have a good estimate of any electricity bills, etc that you currently pay, but those may be slightly higher in a house vs. a condo or an apartment. As for things like sewer, water, trash or other 'community' utilities, my bet would be that your landlord pays for those. If you need a good estimate ask around with some co-workers or friends that own their own places. They would also be a good resource for property insurance estimates... shooting from the hip I would say about $100/month based on this website. (I'm not affiliated).  The real 'ouch' is going to be property tax rates. Based on the data from this website, your county is about 9% of property value. So add that into the third column as well.  Can you really afford a house? round 2 Now... add up the third column and see how that monthly expense amount on housing compares against your current monthly budget. If it's over, you don't have to give up, but you should just understand how much your decision to purchase a house will strain your budget. Also, you should use this information to look again at 'how much house can you afford.'  Now, do some more research. If you need to get a revised loan amount based on the FHA loan decision, then use the bankrate calculator to find out what the monthly payment is for a 95% loan against your target price. But remember that an FHA loan will also carry PMI that is extra on top of your monthly payment. Or, if you need to revise your mortgage payment downwards (or upwards) change the loan amount accordingly.  Once you've got the numbers set, look for properties that fit. This way you can have a meaningful discussion with yourself or other stakeholders about what you can afford. As far as arranging financing... a realtor will be able and willing to point you in the right direction for obtaining funding, etc. And at that point you can just check anything you're offered by shopping interest rates, etc against what the internet has to say.  Feel free to ask us, too... it's hard to give much better direction without more specifics."}
{"_id": "510228", "title": "", "text": "It's possible.  Our healthcare systems is a serious mess, but universal healthcare could also make things worse.  The problem is that our healthcare system is afflicted by a litany of regulations neither guarantee care to the most vulnerable nor allow the market mechanisms to work.  The Mises Institute has a few good pieces on this ([here's one](https://mises.org/blog/how-government-regulations-made-healthcare-so-expensive)), but to put it very simply, the issue is we are letting bureaucrats run our healthcare instead of leaving medical choices to physicians.    I'd wager that NZ physicians have greater freedom to practice than US ones, but that's only a guess.  That's the key though.  Medical choices need to be left up to doctors and patients whether we adopt a market-oriented system or a universal care scheme.  If this isn't done, quality of care will be poor and costs (direct or indirect) will be high.  At the end of the day we could screw up either approach.    I will say, that I've read Sen. Rand Paul's [proposal](https://www.paul.senate.gov/imo/media/doc/ObamacareReplacementActSections.pdf) (not the current Republican plan) and it seems like a good example of practical market reforms."}
{"_id": "510232", "title": "", "text": "Keep in mind that lenders will consider the terms of any loans you have when determining your ability to pay back the mortgage. They'll want to see paperwork, or if you claim it is a gift they will require a letter to that effect from your relative. Obviously, this could effect your ability to qualify for a loan."}
{"_id": "510233", "title": "", "text": "I feel dividends are better for shareholders. The idea behind buy backs is that future profits are split between fewer shares, thereby increasing the value (not necessarily price -- that's a market function) of the remaining shares. This presupposes that the company then retires the shares it repurchases. But quite often buybacks simply offset dilution from stock option compensation programs. In my opinion, some stock option compensation is acceptable, but overuse of this becomes a form of wealth transfer -- from the shareholder to management. The opposite of shareholder friendly! But let's assume the shares are being retired. That's good, but at what cost? The company must use cashflow (cash) to pay for the shares. The buyback is only a positive for shareholders if the shares are undervalued. Managers can be very astute in their own sphere: running their business. Estimating a reasonable range of intrinsic value for their shares is a difficult, and very subjective task, requiring many assumptions about future revenue and margins. A few managers, like Warren Buffett, are very competent capital allocators. But most managers aren't that good in this area. And being so close to the company, they're often overly optimistic. So they end up overpaying. If a company's shares are worth, say, $30, it's not unreasonable to assume they may trade all around that number, maybe as low as $15, and as high as $50. This is overly simplistic, but assuming the value doesn't change -- that the company is in steady-state mode, then the $30 point, the intrinsic value estimate, will act as a magnet for the market price. Eventually it regresses toward the value point. Well, if management doesn't understand this, they could easily pay $50 for the repurchased stock (heck, companies routinely just continue buying stock, with no apparent regard for the price they're paying). This is one of the quickest ways to vaporize shareholder capital (overpaying for dubious acquisitions is another). Dividends, on the other hand, require no estimates. They can't mask other activities, other agendas. They don't transfer wealth from shareholders to management. US companies traditionally pay quarterly, and they try very hard not to cut the dividend. Many companies grow the dividend steadily, at a rate several times that of inflation. The dividend is an actual cash expenditure. There's no GAAP reporting constructs to get in the way of what's really going on. The company must be fiscally conservative and responsible, or risk not having the cash when they need to pay it out. The shareholder gets the cash, and can then reinvest as he/she sees fit with available opportunities at the time, including buying more shares of the company, if undervalued. But if overvalued, the money can be invested in a better, safer opportunity."}
{"_id": "510244", "title": "", "text": "Another fun fact: only ~10% of property southern California is covered by earthquake insurance. Why? Same reason as here.   1) It is a difficult to measure the risk. Think: Texas has experienced 3 100-year floods in 18 months. This amount of rain could have caused a wide range of different outcomes (anywhere from tens of millions to tens of billions in damage) depending on location, soil saturation, structural integrity of dams, wind direction, drainage/sewage systems, etc. Insurers who have covered these types of disasters before have paid out more in claims then they took in premiums.  2) It is expensive. Yes, you can reinsure but most of the reinsures won't take this type of risk in their property portfolio in such a soft market that has persisted for roughly a decade. Consumers don't want to pay for the coverage because it is expensive even with government backstops.   The smart money would be in investing in resiliency programs (infrastructure) that would mitigate damage to sensitive areas which would in turn drive down premiums. But that requires governments, citizens, and businesses to engage in long run thinking and execution. Some areas have discussed these types of plans (New Orleans comes to mind) but most of our coastlines need to have plans like this in place given sea level rises, high concentrations of valuable assets on shorelines, and warmer oceans having the potential to generate more intense storms.   tl;dr this is not a new problem. It is nobody's fault but everybody's responsibility. Fuck nature, man"}
{"_id": "510257", "title": "", "text": "That's a simple overhead calculation.  For secretary how much time is this person going to potentially save verses how much time I spend on those tasks.  If secretary pay rate is near, equal, or less than what I spend in my own hourly rate it makes sense to hire.  If it is not, do not hire, you don't want to loose money on overhead or have people sitting around doing nothing.  Brand Manager is more complicated because it involves speculation and projection.  I would want some kind of trial solution before a more permanent solution was decided on.  For example, if brand manager is renewing my brand image what do I anticipate that new image will bring in additional revenue, or alternatively, what new markets will my product now be able to tap into that it was not able to tap into before.  Then I would do the simple sales calculation of how much revenue would I need to expect to cover the cost of the overhead and project to justify viability.  Then simply ask the question of if it is reasonable to expect those kinds of returns from this person or project.  In business there is risk.  There's really two ways to look at risk, big risk = big reward and screw the consequences if we fail, or make sure that risk is diminished as much as possible before making a decision.  I would say most start-ups begin with big risk = big reward and then evolve into diminishing risk as much as possible.  Both have many good and many bad examples.  Most involve businesses dead before they figure out how to diminish risk, or in extreme examples wall street people diminishing risk by cheating the system, but we aren't discussing ethics."}
{"_id": "510261", "title": "", "text": "The terms of most mortgages usually include the requirement for tax escrow. Some banks will let you handle your own taxes once you loan to value drops below 50%. It's annoying that you lose the use of your own funds, I agree. It can't hurt to write a note to the bank and see it they'll waive escrow."}
{"_id": "510263", "title": "", "text": "What is she actually doing? Is it illegal? She is running some kind of scam and it is illegal. Quite often these are fronts. Generally people get suspicious if they haven't seen anyone. So you social engineer and someone like this girl would boost in her circle. The fact that she is making $6500 a day is unverified claim. I can say I make 1 million a day :) There is no free money. It is wise of you not to share your Bank details. Stay away as far as possible.  Note depending on the country and regulation you could be in trouble with authorities for even knowing / suspecting that someone is committing fraud and not informing authorities."}
{"_id": "510268", "title": "", "text": "The answer may be a compromise... if your goal is to make bonds a larger part of your portfolio, sell both stocks and bonds in a 4:1 ratio. or (3:1 or whatever works for you) Also, just as you dollar-cost-average purchases of securities, you can do the same thing on the way out. Plan your sales and spread them over a period of time, especially if you have mutual funds."}
{"_id": "510271", "title": "", "text": "Use a compound interest calculator to project the difference with ETFs in the S&amp;P 500 (or the asset mix of your choosing), and subtract the expected pension amount. If the difference is positive, or around around even, I would do it to avoid the risk of company failure."}
{"_id": "510290", "title": "", "text": "Premise: For me, if wal-mart is doing well, consumers are doing well, and it isn't doing well, then we're probably screwed! Look at this scary graph!  This is what pisses me off about economists (extreme reaction to extremism... get over it). One metric will be chosen to indicate a factor, then when there is a change in that metric, all kinds of loosely supported inferences are made about the general economic welfare of the country. Maybe more people are just shopping at trader joe's and Aldi?? Wouldn't it be more useful to look at an index of all grocery stores and make a judgement off of that?"}
{"_id": "510304", "title": "", "text": "The biggest thing for me still is how they knew 2 months prior to publicly releasing the information that they had been massively breached. And what did they do? Well, they cashed out their stocks and decided to wait a whole 2 months. I will be surprised if they get fined or even jail time though. Too big to imprison."}
{"_id": "510305", "title": "", "text": "The country isn't a business, of course you are correct.  That doesn't mean one can run deficits year after year and expect success.   I blame both GWB and Obama in this regard, neither showed a serious interest in balancing the budget.  But you have to, the money has to come from somewhere to get what you want."}
{"_id": "510314", "title": "", "text": "Former software developer at an insurance company here (not State Farm though). All of the above answers are accurate and address how the business analysts come up with factors on which to rate your quote. I wanted to chime in on the software side here; specifically, what goes into actually crunching those numbers to produce an end result. In my experience, business analysts provide the site developers with a spreadsheet of base rates and factors, which get imported into a database. When you calculate a quote, the site starts by taking your data, and finding the appropriate base rate to start with (usually based on vehicle type, quote type (personal/commercial/etc.) and garaging zip code for the US). The appropriate factors are then also pulled, and are typically either multiplicative or additive relative to the base rate. The most 'creative' operation I've seen other than add/multiply was a linear interpolation to get some kind of gradient value, usually based on the amount of coverage you selected. At this point, you could have upwards of twenty rating factors affecting your base rate: marriage status, MVR reports, SR-22; basically, anything you might've filled into your application. In the case of MVR reports specifically, we'd usually verify your input against an MVR providing service to check that you didn't omit any violations, but we wouldn't penalize for lying about it...we didn't get that creative :) Then we'd apply any fees and discounts before spitting out the final number. With all that said, these algorithms that companies apply to calculate quotes are confidential as far as I'm aware, insofar as they don't publish those steps anywhere for the public to access. The type of algorithm used could even vary based on the state you live in, or really just when the site code is arbitrarily updated to use a new rating system. Underwriters and agents might have access to company-specific rating tables, so they might have more insight at the company level.  In short, if there's an equation out there being used to calculate your rate, it's probably a huge string of multiplications with some base rate additions and linear interpolations peppered in, based on factors (and base rates) that aren't readily publicized. Your best bet is to not go through the site at all and talk to a State Farm agent about agency-specific practices if you're really curious about the numbers."}
{"_id": "510317", "title": "", "text": "No one can make this decision for you. Involve your wife and truly value and heed her thoughts on the situation. Succeeding in such an endeavor without her full support/consent will bring an unwanted undertone into your marriage. I am personally more reserved and in your situation I would stick with my job until my start-up can stand on its own. I know it would require more work but at least it wouldn't put my family in an all-or-nothing situation. It's tempting to reach for what you don't have but sometimes it worthwhile to stand back and be truly grateful for everything you do have."}
{"_id": "510323", "title": "", "text": "Ah, pardon me, so it's not *either* 10x return or zero, but also includes points in between there?  Is it path dependent? Do you have any history on the asset?  The usual crutches for dealing with unknown probabilities are using risk neutrality or arbitrage pricing, but if the market is inefficient then that will be an estimation at best."}
{"_id": "510327", "title": "", "text": "Learn to build software and create a product. The peoples will use your program, will pay you for that and you don`t need be there all the time. (Time is money) The software will work for you (In theory) and will can make how many copies you want. How many more people need you, more rich you get. Think about that."}
{"_id": "510328", "title": "", "text": "\"Liquidity is highly correlated to efficiency primarily because if an asset's price is not sampled during the time of a trade, it's price is unknown therefore inefficient.  Past prices can be referenced, but they are not the price of the present.  Prices of substitutes are even worse. SPY is extremely efficient for an equity.  If permitted, it could easily trade with much lower ticks and still have potential for a locked market. Ideal exchange An ideal exchange has no public restrictions on trade.  This is not to say that private restrictions would need to be put in place for various reasons, but one would only do that if it were responsible for its own survival instead of being too big to fail. In this market, trades would be approximately continuous for the largest securities and almost always locked because of continuous exchange fee competition with ever dropping minimum ticks. A market that can provide continuous locked orders with infinite precision is perfectly efficient from the point of view of the investor because the value of one's holdings are always known. EMH In terms of the theory the Efficient Market Hypothesis this is irrelevant to the rational investor. The rational investor will invest in the market at large of a given asset class, only increasing risk as wealth increases thus moving to more volatile asset classes when the volatility can be absorbed by excess wealth. Here, liquidity is also helpful, the \"\"two heads are better than one\"\" way of thinking.  The more invested in an asset class, the lower the class's variance and vice versa.  Bonds, the least variant, dwarf equities which dwarf options, all in order of the least variance.  Believe it or not, there was a day when bonds were almost as risky as equities. For those concerned with EMH, liquidity is also believed to increase efficiency in some forms because liquidity is proportional to the number of individuals invested thus reducing the likelihood of an insufficient number of participants. External inefficiency In the case of ETFs that do not perfectly track their underlying index less costs at all times between index changes, this is because they are forbidden from directly trading in the market on their own behalf. If they were allowed and honest, the price would always be perfect and much more liquid than it otherwise should be since the combined frequency of all index members is much higher than any one alone. If one was dishonest, it would try to defraud with higher or lower numbers; however, if insider trading were permitted, both would fail due to the prisoner's dilemma that there is no honor among thieves.  Here, the market would detect the problem much sooner because the insiders would arbitrage the false price away.   Indirect internal efficiency Taking emerging market ETFs as an example, the markets that those are invested into are heavily restricted, so their ETF to underlying price inefficiencies are more pronounced even though the ETFs are actually working to make those underlying markets more efficient because a price for them altogether is known.\""}
{"_id": "510345", "title": "", "text": "Some things to keep in mind:  \u2022Having multiple cards can help, just make sure not to borrow more than you need.  \u2022The amount of time you have had your credit cards is important.  \u2022Make sure you're not getting a lot of hard inquiries on your credit.  Hopefully these will help!"}
{"_id": "510363", "title": "", "text": "International exchange rates are arbitraged. If I exchange A for B for C and then back to A again, I'll end up with the same amount ex trade fees. Assume this isn't the case. Clearly if I'd gain, someone else loses and I'd make millions by rapidly exchanging. Now assume that I'd lose money on that route. That must be because the reverse route, A->C->B->A gains money. (Again, assuming no fees) So in this case you'd just look at fees. (And as Ganesh points out, that may include future fees)"}
{"_id": "510373", "title": "", "text": "When getting a mortgage it always depends on the bank and each bank may be more or less strict. With that being said there are rules and general guidelines which can help you understand how you fit in the world of mortgage approvals. If you can provide the same paper work as an employee of your company that you would normally provide from any other company then a bank may just accept that alone. However to me it seems like you will be looking at a new variation of what was known as a Self-certification mortgage A self-certification mortgage is basically a mortgage for those who   cannot prove their income. As a result of the housing collapse, the rules on a traditional self-cert mortgages have changed. As someone who is self employed, it is more difficult today to get a mortgage but is still possible. This article provides some good information: Can the self employed still get a mortgage? I advise doing some research on this topic and speaking with a professional mortgage broker.  Some Resources: Compare Self Cert Mortgages How to beat the mortgage famine in 2012 Can the self employed still get a mortgage?"}
{"_id": "510391", "title": "", "text": "Just to be clear, this article is complaining that the US farms don\u2019t follow the regulations on space, ammonia, and processing the EU factories require. It is like the difference between a garment sweatshop and a auto factory. They are still factories, but one doesn\u2019t follow any real guidelines of safety.   Being near a neighbor that owns a single chicken - that fucker is noisy as fuck. 4AM every day during the summer. If they had enough chickens to supply a family of 5 the smell and noise would be crazy.   So have chicken farms. Just don\u2019t raise them on a setting where you have to wash them in chlorine."}
{"_id": "510392", "title": "", "text": "\"Definitely consult a lawyer. Mortgages are highly regulated now, and regardless of how familiar borrower & lender are, the standard contract will be extremely long.  (at least in the US) There are no \"\"friends and/or family\"\" exceptions. If the contract does not conform to regulations, it may be invalid, and all the money you lent could simply evaporate since it was the borrower who actually bought the house, and it's the loan contract that's rendered null & void; in that case, it may be better to simply donate the money.\""}
{"_id": "510400", "title": "", "text": "You need to talk to the 401(k) administrator, or HR, for the exact details. Typically, you can only borrow 50% of your balance, and can pay it back up to a ten year term. Some plans have different rules, this is just a common offering.  The larger issue is whether the loan prevents you from making further deposits till repaid. This would cost you not just the growth in the account, but the matched deposits for those years. That would be a deal killer for me. If that were the case, I'd drop my deposits to only get the match, and save for a real deposit without the loan."}
{"_id": "510409", "title": "", "text": "No, even businesses pay taxes quarterly.  So if you formed Nathan, LLC, or otherwise became self employed, you'd still have to file quarterly estimates and make tax payments.  This would cause taxes to be a much more high touch part of your life. However, you should ensure that you're claiming the proper exemptions etc to avoid excessive withholding."}
{"_id": "510413", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-06/-voluntary-tax-plan-as-expected-fails-miserably-in-norway) reduced by 75%. (I'm a bot) ***** &gt; &amp;quot;The tax scheme was set up to allow those who want to pay more taxes to do so in a simple and straightforward way,&amp;quot; Finance Minister Siv Jensen said in an emailed comment.  &gt; The government responded by aggressively cutting taxes and tapping into the country&amp;#039;s massive wealth fund for the first time.  &gt; Ironically, it was Store, whose net worth is $8 million, who prodded the government into action by complaining earlier this year that he had ended up paying less taxes under the current administration.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6m0s27/liberals_dont_want_to_pay_for_their_hobbies_they/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~162232 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **government**^#1 **taxes**^#2 **pay**^#3 **tax**^#4 **more**^#5\""}
{"_id": "510417", "title": "", "text": "Buy online from a vast collection of high quality and branded Men's jackets at very reasonable price. We give free shipping on all items with no minimum spend! Join our mailing list to receive special offers and updates!"}
{"_id": "510419", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Is there a Rawlsian argument for redistribution as a form of social insurance?](https://www.reddit.com/r/Economics/comments/71wxwh/is_there_a_rawlsian_argument_for_redistribution/) on /r/Economics with 4 karma (created at 2017-09-23 11:22:23 by /u/jenpalex)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "510441", "title": "", "text": "The only possibility that I've seen in the past is if some of the income is for deferred services which are to be delivered in the following tax year, a portion of the income can be deferred.  Also, agree that you should be an S-corp and talk to another CPA if yours hasn't told you that yet."}
{"_id": "510465", "title": "", "text": "Are you confused to select the right cooling system for your house and commercial use? All Climate Solutions make the whole process of choosing the right air conditioning system for your home as easy as possible. They ensure you to choose the right unit to fit your needs in your budget. You may contact them to get a free quote."}
{"_id": "510469", "title": "", "text": "Is this the smart thing to do?   You're essentially borrowing money at 2.7% to keep it in your bank account.  No, that is not a smart financial decision. Pay the difference in cash and replenish your savings with the $1,100 a month. Some other notes:"}
{"_id": "510485", "title": "", "text": "Depending what country you are from, there may be better alternatives to transfer money internationally. Opening a bank account is complicated, costs money, and international bank transfers are remarkably expensive."}
{"_id": "510560", "title": "", "text": "Arguably, no one would care about Orcas if SeaWorld hadn't made them so popular. I've never had any interest in whales but I always enjoyed the Orca shows as a kid. Now there will be no more shows and my kids won't give a damn about Orcas."}
{"_id": "510565", "title": "", "text": "\"All the \"\"money\"\" you might receive from a pyramid scheme is \"\"ill-gotten gains\"\". Even if you didn't know it was a pyramid scheme. If through deliberate planning or dumb luck, you manage to get more money out of a pyramid scheme than you put in, the government can sue you for any \"\"profit\"\" you made.  For example, in the Bernie Madoff scandal, more than 1,000 people, funds and institutions were sued for the excess money they made above their initial investment. Suffice to say, if you make enough \"\"profit\"\" from a pyramid scheme to materially change your life, it's only going to last until the scheme collapses and the government comes after you for the excess.\""}
{"_id": "510575", "title": "", "text": "\"It doesn't make a lot of sense to buy a house/condo and rent it out now. On the other hand, I think finishing your basement and then renting it out is an excellent idea.  The ROR is excellent as long as you can deal with the \"\"strangers\"\" in the basement, have the extra driveway space and negative association with renting out your basement. HTH\""}
{"_id": "510579", "title": "", "text": "I know this is old, but Joe Taxpayer is wrong.  When you dissolve a corporation in selling it, all liabilities go with the old owners and the new owners, smartly starting with a new corporation and taxpayer ID, start with a clean slate.  The only way this is not true is if the new owners did not change a thing legally and kept everything the same, other than there names, which would be entirely insane if you asked any lawyer in the country.  Gift cards are a touchy situation, if not negotiated in the deal, by law the new owners DO NOT have to take them.  Yes, it's good PR, but when there's a considerable amount of money out there it could bury the new owners by giving away free stuff."}
{"_id": "510589", "title": "", "text": "where A1 is the number of trades. you may have to change the number 100 to 99 depending on how the 100th trade is charged. The idea is to use the if statement to determine the price of the trades. Once you are over the threshold the price is 14*number over threshold."}
{"_id": "510591", "title": "", "text": "After a course in web designing he joined an Export house where for the first time he used his skills to procure international orders. This was the starting point. His next two jobs saw him working for a travel and tourism and IT Company. Both had elements of digital marketing-something he loved doing."}
{"_id": "510599", "title": "", "text": "A) a tax treaty probably covers this for the avoidance of double taxation. Tax treaties can be very cryptic and have little precedence clarifying them http://www.irs.gov/businesses/international/article/0,,id=169552,00.html B) I'm going to say NO since the source of your income is going to be US based. But the UK tax laws might also have specific verbage for resident source income. sorry it is an inconclusive answer, but should be some factors to consider and point you in the right direction."}
{"_id": "510610", "title": "", "text": "They're already on food stamps with one estimate that more than 3/4 of Walmart's employees receiving some sort of government assistance. Average pay is less than $10/hour. You know things are bad when corporate puts together a program to boost employee morale.   There are very few Walmarts in Minneapolis partially because that's where Target's offices are located. The most calls for police was to one of the WalMarts. This isn't just in Minneapolis. Across the nation law enforcement devotes significant resources to WalMart. Why pay for security when the police come for free?   https://www.mprnews.org/story/2016/10/27/wal-mart-police-calls  [http://politiseek.com/2017/05/percentage-of-walmart-employees-on-food-stamps/](http://politiseek.com/2017/05/percentage-of-walmart-employees-on-food-stamps/)"}
{"_id": "510611", "title": "", "text": "How do I determine what to pay the person? You pay them either what you believe the work is worth to have done for you, vs doing it yourself, or how much they ask for after negotiation. There's no rule of thumb because it's driven by the market.  There will always be people who are willing and able to do the work for less than you, but can't always get work (which is the reason they are charging less) just as there will always be people who charge much more than you and have to turn work away. You are at a comfortable medium where you have enough work to charge a moderate rate, and can amplify your reputation/network/client by subcontracting the work out. As an example: If I charge $120/hr to do engineering work, but I want to subcontract it out, then I have to take into account that: So, let's say I have a contract for 20 hours of work at $120/hr ($2,400), and I figure that I can subcontract out all of it.  However it's going to cost me about 4 hours of work to: review their 20 hours of work, deal with administrative overhead, interpret and pass along requirements, etc. So if I work 4 hours, then the maximum I can pay the contractor for 20 hours of work is the remaining 16 hours x $120 (the contractor would be doing 20 hours for $96/hr) to break even on cash, and I only make 4x$120 worth of profit for 4 hours worth of work.  That's actually a net loss, unless you can already fill those other 16 hours with paying work. I don't think that would be worth it. But if the contractor only required $60/hr, then you're paying him $1,200 for 20 hours of work, and you get to keep $1,200 for only 4 hours of your time.  The subcontractor has turned your $120/hr rate into $300/hr. Now, you still only net $1,200 rather than the full $2,400, so your revenue is down, but if you can find work for that other 16 hours at your normal rate, then you're still ahead.  Alternately you might find that working only 12 hours a week is a fine way to live, and choose to forgo that revenue for personal time. The costs and break-even point vary greatly from situation to situation, but hopefully this gives you a framework to evaluate the decision for yourself."}
{"_id": "510615", "title": "", "text": "Adding to justkt's answer. The big difference to you during the rollover is that moving the money to a Roth IRA, unless it was a Roth 401K, is going to require you pay a lot of taxes on the money you move. I'd suggest not doing that without guidance from a financial advisor."}
{"_id": "510617", "title": "", "text": "He's one of the good guys. It feels like there has been little accountability with financial wrong doing. The sub prime mess should have put droves of Wall Street bankers in jail. Instead they got bailed out and bonuses still got paid."}
{"_id": "510618", "title": "", "text": "&gt;You would be extremely delusional if you think the average joe could go to Princeton  Well that happens all the time, as long as the 'average' Joe is very intelligent. [15-20% of Princeton's incoming classes receive Pell grants](https://www.nytimes.com/2017/05/30/opinion/princeton-takes-on-class-divide.html).  &gt;and then get a senior executive position at age 29  Interesting, since a quick look at [Forbes' 30 under 30](https://www.forbes.com/30-under-30-2017/immigrants/#7288b6ef2cc0) suggests that you're wrong again, unless you think that most immigrants that come in are flush with cash and insanely privileged.   It turns out that people who are becoming executives under the age of 30 are probably just really gifted people, regardless of upbringing.   &gt;I also would know because Im also privileged like David and so are most of my friends. I don't I have a single friend that is paying for their own tuition out of pocket.  Thanks, Donald. Nice humble brag."}
{"_id": "510626", "title": "", "text": "I shop at Costco, and here's my thinking. They must have some kind of computerized system of where things are in the store, right? Here's what you do. Hook that system up to the web site. Let customers browse the store virtually. That way you don't need to have employees helping customers find things. Customers can easily find where things are on their cell phones. You could even have customers request to be notified when certain items are rotated back into stock."}
{"_id": "510635", "title": "", "text": "&gt;Shkreli, who remains free on $5 million bail, faces a maximum sentence of 20 years in prison. &gt;But he is sure to receive a far-less-severe punishment than that, given his lack of a criminal record, and other factors.  Hopefully he gets out within 2 years. He might even get just probation or house arrest."}
{"_id": "510640", "title": "", "text": "\"In Second Opinion's opinion, they say \"\"Do not initiate new position.\"\"  This means do not buy the stock if you do not already own it.   Since they also say to hold if you do own it, this is a very \"\"who knows what it will do\"\" neutral position (IMO).\""}
{"_id": "510675", "title": "", "text": "Yes, even during the great depression from 1933-1937 in the USA there was growth, but it just wasn't enough that it mattered.  When historians and economists look back in many years this time we live in will either be called something like the great slowdown, or if we double dip significantly at some point it will be revised into one entire lengthy recession."}
{"_id": "510676", "title": "", "text": "The biggest issue is your lack of diversification.  Your real estate investments have performed quite well so far, but you have also likely enjoyed a period of unprecedented growth that is not sustainable. In the long term, stocks have always outperformed real estate investments, which tend to track more closely to the inflation rate. You need more balance for when when the real estate market cools off. You don't mention tax-deferred retirement savings accounts. You should prioritize your attention to these to keep your income tax low. Consider selling one of your investment properties if you can't adequately fund the 401k."}
{"_id": "510680", "title": "", "text": "This is price-setting algorithms running amok. From the page you link, follow the '2 new from $49,991.11' link and you will see that (at the time of writing), there are two vendors offering this item for $49991.11 (plus $16.37 shipping) and $49999.99. These are clearly not 'real' prices and yet they are suspiciously close to each other. This blog post examines this phenomenon in some detail. Basically, at most one of these vendors actually has this item in stock, but to drive traffic and sales they both offer it for sale anyway. If someone actually ordered it from the one who doesn't have it, they would have to buy it first - from someone else offering it for sale... who is setting their prices based on wider market pricing. You can say how a crazy price spiral might develop."}
{"_id": "510692", "title": "", "text": "\"Depending on the nature of the expenses, you will enter them under Deductions, on lines 9 through 20. Did you rent an office? Add the rental expense to line 13. Fee for a business license? Line 14. Everything else that doesn't fall into any specific category goes on line 20 (You'll need to attach a small statement that breaks out the expense categories, e.g. office supplies, phone, legal fees, etc.)  Expenses that are entered in the Income section are costs directly related to sales, such as merchant fees that you pay to a bank if you take payments by credit card. Since you said the partnership has \"\"zero money coming in,\"\" I assume that it currently has no revenues, so all the fields in the Income section would be zero.\""}
{"_id": "510701", "title": "", "text": "\"The primary advantage is protection of your personal assets. If your LLC gets sued, they can't take your house/car/dog/wife. There aren't really any financial incentives to be an LLC; because of the pass-thru taxing structure, you wind up paying the same in taxes either way. \"\"The cost\"\" will depend on where you're located, and usually involves a few factors -- Expect to pay $300-500 to start it, depending on your state and who you register with (technically, you can usually register for free at the secretary of state, but wouldn't you rather pay an expert?), and \"\"State Franchise Tax\"\", which will can be a minimum of up to $1000/year depending on the state, plus even more if your LLC earns more than $xxx,000. EDIT -- As an aside, I'll mention that I'm based in California, and our state franchise tax starts at $800/yr. I'm all-web-based, so I've been investigating incorporating in Nevada or Delaware instead (no franchise tax, lower filing fees), but from what I've found, it's hardly worth the trouble. In addition to having to pay a Registered Agent (someone to act as my permanent mailing address in that state for ~$100/yr), apparently California likes to search for people just like me, and charge them $800 anyway. You can fight that, of course, and claim that your business really is done in Nevada, but do you really want to?\""}
{"_id": "510716", "title": "", "text": "To expand a little on what littleadv said, you can only deduct what something cost you. Even if you had done volunteer work for a charity as a sole prop you could only deduct your actual costs. If you paid an employee to do charity work or to learn something related to the business that would be deductible as a normal business expense.  Some common sense would show that if you could deduct something that didn't cost you anything (your time) you could deduct away all of your income and avoid paying taxes altogether. Back to your more nuanced question could 2 businesses you own bill each other for services? Yes, but you will still have to pay taxes for money earned under each of them. You will also need to be careful that the IRS does not construe the transactions as being done solely to lower your tax bill."}
{"_id": "510730", "title": "", "text": "The original contribution of X to Roth IRA in your reasoning is a red herring. It doesn't exist, never happened. You recharacterized it, so what you did in reality is contribute X to Traditional IRA."}
{"_id": "510736", "title": "", "text": "If your savings account linked to the mortgage account is an 100% offset account then you don't need to put extra funds into the mortgage account apart from the minimum payments which is done automatically. Any funds you have in an 100% offset acount reduces the amount of interest you have to pay on the mortgage.  So if your mortgage is $100,000 and you have $10,000 in the offset account then you only pay interest on $90,000 within the mortgage. Also the funds in the offset account are at call any time as it is simply a savings account. You can have all your pay go into it and have direct debits set up for all your bills. This way you will benefit from maximising the amounts in your offset account and reducing the amount of interest you pay on your mortgage. If your current linked savings account is not an 100% offset account ask your bank if you can change it over to one that is. If they don't have offset accounts for that particular mortgage account ask them if they have a different mortgage account with offset accounts. If they can't help you then shop arround for a bank or lender that does. I am currently with ANZ and they have a product with 100% offset account and about 0.7% below the standard variable rate, and there are plenty more similar products out there."}
{"_id": "510748", "title": "", "text": "&gt; I'd be interested in seeing a little more on the regulatory aspects of derivative contracts.  The most relevant regulatory push is with Dodd Frank in how it regulates swaps.  There are a myriad of rules around swaps of all kinds due to DF, whether they be interest rate swaps, fx swaps, commodity swaps, etc.  In a nutshell, DF requires certain reporting and transparency requirements for swaps (not to be confused with futures contracts, which are heavily regulated as well).  At some point most swaps that can be done on a cleared basis will have to be done on a cleared basis (versus bilateral swaps, which is simply one counterparty entering into a swap agreement with another counterparty, meaning each c/p is exposed to the other's credit worthiness).   DF is a long, boring read, but that is what is most relevant if you want to understand how swaps are being regulated and will be regulated going forward."}
{"_id": "510753", "title": "", "text": "The stock exchange here serves as a meeting place for current shareholders who want to sell their shares to someone else. This has nothing to do with liquidation, which is a transaction between the company and its shareholders. A company does not have to be listed on an exchange to make distributions to shareholders."}
{"_id": "510757", "title": "", "text": "Who has the time to wait for that to happen? even the law is not good enough because a company like Walmart is completely willing to break the law, thats what these strikes have been about. If you think congress or the president gives a shit about low income workers you are mistaken."}
{"_id": "510760", "title": "", "text": "I'm not kidding. Maybe there is a problem there. I'm really not trying to be a jerk. My husband could use mood stabilizers. His neurologist put him on an antidepressant which helped a lot. I, of course, got yelled at for suggesting it. You absolutely raged at me right out of the gate. I'm VERY familiar with that behavior. You really should see a therapist. There is absolutely nothing wrong with that.   I am not backing down from my initial statement. 50% of working age men who are not in the work force are addicted to opiates. It's not because they are in pain. They would be better off smoking cannabis. Everyone is fooling themselves if they think the choice between getting high and not is simply a matter of them just quitting. If they could do that they would. At least cannabis is basically harmless and not physically addictive.   Go ahead, tell me I'm an asshole again. I don't care. Trust me. I have thick skin after 22 years of abuse."}
{"_id": "510805", "title": "", "text": "\"A short-sale seems like an extreme and unethical course to take.  You should read your mortgage documents or work with your attorney to read the mortgage and determine whether it is an \"\"assumable\"\" mortgage. If so, you might be able to get the former owner to take over the mortgage.\""}
{"_id": "510810", "title": "", "text": "Ok so apple doesn't store money over seas because we now have a no loophole 25% tax. You're so smart, this benefits anyone how? Now they're magically going to build factories because they pay the exact same in taxes it's just not over seas? They're going to pay more to their employees? How much did intel pull in 15b? What are they going to do now that they save a few billion or pay the same?  Sorry but if you don't do anything now you won't later on."}
{"_id": "510816", "title": "", "text": "I'm a travel agent, and while I haven't sold Cambodia yet, I am bookmarking your page for when I do.  My sister-in-law is Cambodian, I will share with her so she can tell her family back home.  Great job having your own business, and good luck for the future!"}
{"_id": "510820", "title": "", "text": "\"The advantage of pictures or video is that it is fast to get your records up to date. Pan a video camera over a bookshelf or CD rack, and you can later pause it and either say \"\"200 paperbacks\"\" or \"\"40 PS4 games\"\" or you can actually list out all the titles so you can go and replace things. Take a picture of your TV/VCR/DVD player/radio receiver and later you can determine the manufacturer and model # from the picture. (Or whatever expensive electronics you have that you treat as furniture and don't remember the technical details about.) My house was broken into and robbed. The insurance people were not content with \"\"we had a TV.\"\" They wanted to know the make and model. They didn't ask for proof, but they wanted to know the make and model. An inventory to this level of detail is insanely boring to create. Even if you write up a digital document and only update it with things you bought this year. Taking an hour to wander around your house recording video, which you could add narration to if you wanted, is much quicker. Should you suffer a loss you will then have to do the insanely boring work of producing the list, but you will have the video to use for that purpose. No loss, no writing up the inventory needed. And even if insurance doesn't want to know the exact titles you want to replace, or how tall the bookshelves in the living room were, you may want it, and the pictures or video will help with that.\""}
{"_id": "510839", "title": "", "text": "\"Just to confirm, you don't pay interest when holding a bond, the issuer of the bond pays you interest. The idea of calculating \"\"present value\"\" is as you suggest. You discount future payments using an appropriate rate. These future payments include both the coupon payments you receive through the life of the bond and the principal repayment at the maturity of the bond - each should be discounted from the due date of the payment to today's date. A typical rate to use would be the interest you yourself could earn by investing elsewhere (this gives you some idea of how much it would cost to get those payments another way), or perhaps some standard rate, for example the interbank rates such as LIBOR or FEDFUNDS.\""}
{"_id": "510842", "title": "", "text": "No, no, no.  First we need to tax comic books, cable TV, video rentals, games, internet use by the kilobyte and by the hour ... oh you don't like that?  It's painful when YOUR ox is getting gored, bubbie?   Then shut up.    Unless the HFTs are engaging in fraud it's just NONE of your business how they make money.  If they are acting with fraud, they should be arrested as a matter of criminal law.  Reddit: A place where people who've never run anything bigger than their mouths make grand proclamations about how businesses should be run."}
{"_id": "510858", "title": "", "text": "It's stupid things like this, which unions often do, really piss me off. They have this wonderful opportunity to fight for worker's rights and help keep them earning a livable wage... but what do they do? Fuck it up by doing things like this.   I think unions are great in idea. But when they do this, I can't help but to get quite peeved."}
{"_id": "510859", "title": "", "text": "Yeh I agree with amazon I would own only 2 shares. But what do u think about Nvidia? 196$. plus gpus are needed for  self driving cars, cryptocurrency mining, ai, and vr. So stock I think would go up. And it's not as expensive as google and and microsoft. Do you think that price is good? Or to high for my available money."}
{"_id": "510863", "title": "", "text": "No. The equipment costs are not necessarily a direct expense. Depending on the time of purchase and type of the expenditure you may need to capitalize it and depreciate it over time. For example, if you buy a computer - you'll have to depreciate it over 5 years. Some expenditures can be expensed under Section 179 rules, but there are certain conditions to be made, including business revenue. So if your business revenue is $3K - your Sec. 179 deduction is limited to $3K even if more purchases can qualify. Not every purchase qualifies for Sec. 179 treatment, and not all the State tax rules conform to the Federal treatment. Get a professional advice from a CPA/EA licensed in your State."}
{"_id": "510872", "title": "", "text": "When is the right time to buy a new/emerging technology? When it's trading at a discount that allows you to make your money back and then some. The way you presented it, it is of course impossible to say. You have to look at exactly how much cheaper and efficient it will be, and how long that will take. Time too has a cost, and being invested has opportunity cost, so the returns must not only arrive in expected quantity but also arrive on time. Since you tagged this investing, you should look at the financial forecasts of the business, likely future price trajectories, growth opportunity and so on, and buy if you expect a return commensurate with the risk, and if the risk is tolerable to you. If you are new to investment, I would say avoid Musk, there's too much hype and speculation and their valuations are off the charts. You can't make any sensible analysis with so much emotion running wild. Find a more obscure, boring company that has a sound business plan and a good product you think is worth a try. If you read about it on mainstream news every day you can be sure it's sucker bait. Also, my impression that these panels are actually really expensive and have a snowball's chance in Arizona (heh) in a free market. Recently the market has been manipulated through green energy subsidies of a government with a strong environmentalist voter base. This has recently changed, in case you haven't heard. So the future of solar panels is looking a bit uncertain. I am thinking about buying solar panels for my roof. That's not an investment question, it's a shopping question. Do you actually need a new roof? If no, I'd say don't bother. Last I checked the payoff is very small and it takes over a decade to break even, unless you live in a desert next to the Mexican border. Many places never break even. Electricity is cheap in the United States. If you need a new roof anyway, I suppose look at the difference. If it's about the same you might as well, although it's guaranteed to be more hassle for you with the panels. Waiting makes no sense if you need a new roof, because who knows how long that will take and you need a roof now. If a solar roof appeals to you and you would enjoy having one for the price available, go ahead and get one. Don't do it for the money because there's just too much uncertainty there, and it doesn't scale at all. If you do end up making money, good for you, but that's just a small, unexpected bonus on top of the utility of the product itself."}
{"_id": "510874", "title": "", "text": "For such a small amount, I really don't think it's worth the time and effort to withdraw it. Why not roll it over into a traditional IRA or a new 401k / 403b?"}
{"_id": "510875", "title": "", "text": "I've been through two instances where I worked for a public company that was merged (for stock) into another company.  In both cases the options I had were replaced with equivalent options in the merged company with the number of shares and strike price adjusted at the same rate as the actual stock was converted, and the vesting terms remained essentially the same.  In other words, the options before and after were in essence equivalent."}
{"_id": "510878", "title": "", "text": "Perhaps surprisingly low? There's little advertising competition on a highway, and they're very useful to the drivers who are exhausted and don't want to think. I wonder how much they would raise if the spots were auctioned off annually."}
{"_id": "510883", "title": "", "text": "Schwab suggests investors do the following in the face of tighter monetary policy in the near term:  &gt; * Consider limiting the average duration in their portfolios to the short to intermediate term to mitigate the risk of rising interest rates as the program begins.  &gt; * Consider using bond ladders to spread out maturities of bonds in a portfolio, as a way to manage through a rising-interest-rate environment.  &gt; * Focus on high-credit-quality bonds, as volatility may pick up as the Fed reduces liquidity."}
{"_id": "510888", "title": "", "text": "It's a kook movie made by folks who combine conspiracy quackery with repackaged socialism. If you're into socialist theory, read Marx or some other intellectual socialist. That said, growth and efficiency are not the same thing. If I'm running a lemonade stand, I can grow by hiring more people at $X/hr or increase efficiency by purchasing an electric juicer and hiring fewer people."}
{"_id": "510902", "title": "", "text": "People seem to ignore the massive cost to bottle, test and distribute the water. Sure, the water itself doesn't cost anything, it's the process of delivering a drinkable bottle of water to you that adds the value.   Don't get me wrong profits are too high, but I think the fact that the water is pennies is a narrow minded view. Many foods we buy cost very little, as they grow wild in nature, but harvesting, packaging and distributing is what drives up that cost. Not to mention the restrictions they have to follow to ensure safe(ish) foods."}
{"_id": "510913", "title": "", "text": "You have to file and issue each one of them a 1099 if you are paying them $600 or more for the year. Because you need to issue a 1099 to them (so they can file their own taxes), I don't think there's a way that you could just combine all of them. Additionally, you may want to make sure that you are properly classifying these people as contractors in case they should be employees."}
{"_id": "510935", "title": "", "text": "Trade credit is fine and works without a central bank.  All it needs is contract law.  The perversion of that is using trade credit collected from somebody else to pay for goods and services mandated by the government as legal tender.  That creates false savings that expand exponentially.  It probably wouldn't happen much in a free market unless bought at a steep discount by the person receiving it.  This is how collection companies work, they buy receivables from telephone companies or other businesses at a steep discount and try to collect on them.    In a non-fiat system there would be plenty of trade credit, because how else are you going to drum up business?  Personal relationships would ensure that debts were made good, everyone in the economy would be a banker with their own money or goods.    I'm not saying we need libertarian minarchist government here for any of this to work.  The government could intervene from time to time and tax to build infrastructure or raise a military for defence or whatever they really wanted but at least they wouldn't be creating booms and busts with their borrowing activity."}
{"_id": "510936", "title": "", "text": "Sure - I honestly don't mind membership sites, and there are a bunch of sites that I do maintain active memberships to like the New Yorker, it's all about quality. I just have to keep an eye on my subscription credit card so I can make sure I'm not getting billed for a service that I've long since forgotten about."}
{"_id": "510959", "title": "", "text": "Disclaimer - I am going to refer you to Fairmark's web page. I have no relationship with this company, but the page is great to show you your marginal rate. Updated for 2011 and you can go back to prior years.  I would first ask you what tax bracket you are in. And then, I'd likely suggest you withdraw only enough to 'top off' that bracket and pay the mortgage down. Doing it all at once can create a bad situation, where you pay far more in taxes than you might otherwise.  I'd also ask- are your property taxes high enough to put you into itemized deduction land? If so, you have a bit of math to do. That 6% may be costing you 4.5% or less, and long term, you are better off not paying early, although I admit, I prefer to be mortgage free by retirement."}
{"_id": "510989", "title": "", "text": "As long as you can be trusted with a Credit Card i find that if you have a setup that uses three accounts: 1. your Credit Card, 2. 2. a high interest internet account (most of these accounts don\u2019t have fees), 3. a savings account.  The Method that works for me is: 1st i calculate my fixed monthly bills i.e Rent and utilities and then transfer it into my high interest account.  for the month whenever i make a purchase i transfer the money into the high interest account ( this way I can keep a running balance of what money I have left to spend in the month. Then when the Credit Card bill comes I transfer the money out of the high interest account across to pay off the Credit Card ( this way you generate interest on the money which you would have spent throughout the month and still maintain $0 of interest from the Credit Card) over a year you can generate at least enough money in interest to go out for dinner on one of free flights!"}
{"_id": "511000", "title": "", "text": "If it doesn't figure out a way to increase monetization of its userbase, FB will have no reason to rise in value. While it currently defines the social network sector, and is setting itself up well to hold onto that status in the future, it all means little if their users don't click those adds."}
{"_id": "511001", "title": "", "text": "One thing I'll add here is that business processes can rarely, if ever, be a source of competitive advantage.  Processes are widely disseminated and often transparent, certainly to competitors.  They're important, but at best they give you competitive parity."}
{"_id": "511049", "title": "", "text": "Yeah, if they actually did that - that is, defame your professional name with no merit -  they would be in big trouble.  Thats the kind of stuff you take to a lawyer and they have a field day with, at least if the evidence is there.  I'm glad you left that place - it sounds awful.  You should leave them a very honest Glassdoor review, to help future generations not have to go through the same stuff.    Also, if they withheld OT wages from you, and you can prove that, and it hasnt been a extrodinary long time, I feel very confident you could wistleblow on them with your department of labor in your state and collect.  I know thats probably not your style, but thats money you are owed.  Hows the new job?"}
{"_id": "511066", "title": "", "text": "\"For restricted stock, I think the vesting date meets the requirements of the second wash sale trigger from IRS Pub 550: Wash Sales: Acquire substantially identical stock or securities in a fully taxable trade I base this on these two quotes from IRS Pub 525: Restricted Property: any income from the property, or the right to use the property, is included in your income as additional compensation in the year you receive the income or have the right to use the property. - Until the property becomes substantially vested, it is owned by the person who makes the transfer to you, usually your employer.  So on the vest date: The transfer is taxable Ownership is transferred to you That seems close enough to \"\"a fully taxable trade\"\" for me.  Maybe this changes if you pay the tax on the stock on the grant date. See Pub 525: Restricted Property: Choosing to include in income for year of transfer. Obviously, if this is important you should consult your tax advisor.  Technicalities aside, I don't think it passes the sniff test. You're getting salable shares when the restricted stock vests. If you're selling other shares at a loss within 30 days of the vesting date, that smells like a wash sale to me.\""}
{"_id": "511072", "title": "", "text": "Both Scottrade and ING Direct (CapitalOne) have physical branches. Scottrade are wide-spread, ING/CapitalOne are less common (in California where I live, I have a bunch of Scottrade branches around where I live, but the only ING presence I know of is in LA on Sepulveda at Santa Monica). So one way to verify the company is legit is to go to their physical location and talk to the people there. Similarly, you can find physical locations in major metropolitan areas for many other web-based discount brokers. In my area (SF Bay Area) we have Scottrade, ETrade, Fidelity, TD Ameritrade, and that's just those I've actually seen with my own eyes. You can just walk in and talk to the people there about their options and their web operations. It is hard and unlikely for a sting operation to set up a web of brick-and-mortar offices across the nation. Even Madoff had only one or two offices. Of course I totally agree with Chris's answer, especially with regards to the SSL certificates' verification and spoofing and phishing avoidance."}
{"_id": "511076", "title": "", "text": "DuoSeal Vacuum Pumps are known for their ruggedness world-wide. These pumps have large oil reservoirs to dilute contaminants. Low pump rpm to reduces friction and wear while minimizing reservoir temperature to lessen chemical reactivity. Pump can be ordered with an optional exhaust filter to control oil mist."}
{"_id": "511093", "title": "", "text": "Yes, it's completely normal to buy (and sell) puts and other options without holding the underlying.  However, every (US) brokerage I know of only permits this within a margin account.  I don't know why...probably a legal reason.  You don't actually have to use the margin in a margin account.  If you want to trade options, though, you will need a margin account."}
{"_id": "511096", "title": "", "text": "You have two questions - first - no, if you are above the deduction limit, then you still have a traditional IRA deposit but with post tax money, tracked via form 8606.  Second - If I read this right, if you cannot take the deduction, but can do the Roth, by all means, this is the 'no-brainer' decision. Makes no sense to deposit non-deducted to a traditional IRA if you can do Roth.  But - for sake of the full picture - if above the Roth limit, you still should make the post tax deposit (to the traditional.) If you have no pretax IRA at all, you can convert immediately. If you have a mix, you have the option to convert piecemeal paying the tax on the pro-rated amount the pretax represents."}
{"_id": "511097", "title": "", "text": "\"I can see where you are coming from, but with that logic then apple spent all that time and money to develop and market the iPhone 8 just to use it as an expensive marketing device, and I don't buy that. if they did do that however, it would have made more sense for them to increase the storage slightly and keep the price of the iPhone 7 the same and then release the iPhone x. That way they would have a little more profit from the 7 since cost of production is cheaper now that it is a year old, and consumers can either have the newest iPhone and shell out for it, or have an iPhone that still works great and now comes with more storage. Now, if they called the iPhone 8 the iPhone 7s, I think there wouldn't be such a negative image about it in terms of it being a rather small upgrade, because the \"\"s\"\" iteration usually is just a spec bump and no one would bat an eye at that, but since it got the title of being the 8th iPhone, people expect more from it.\""}
{"_id": "511098", "title": "", "text": "It benefits society to have many well educated young people. As a society we should be encouraging people to reproduce responsibly and then it is our responsibly as a collective society to aid families in their goal to produce productive members of society.   Our goal should be to eliminate poverty since those who are poor end up costing society money. Preventing the conditions associated with poverty by providing at least subsistence care will save money in the long run and produce economic activity.  We should not be encouraging the cycle of poverty by abandoning those currently impoverished."}
{"_id": "511117", "title": "", "text": "Whether or not you want to abstain or throw away the proxy, one reason it's important to at least read the circular is to find out if any of the proposals deal with increasing the company's common stock.  When this happens, it can dilute your shares and have an effect on your ownership percentage in the company and shareholder voting control."}
{"_id": "511122", "title": "", "text": "3% in a year. 3% a month would be an enormously high interest rate."}
{"_id": "511127", "title": "", "text": "No!  I care more about how accurate our information is that we are making these judgments from.  You are apparently not even vetting your information.  You claim the government is strengthening, protecting, and creating domestic shipping monopolies, but your sources of information are opinion tripe that don't even delve into ANY f the IMPORTANT particulars.  The article just plays the blame game, and doesn't give you anything you can use as evidence in court!  Vet your sources!  Then maybe we can have a rational discussion.  Also, pay attention to the REAL cause, not just the symptoms.  Choose a solution that will actually solve the problem, not hand the keys to known thieves.  It's like you have thrown rationality to the wind because you FEEL these solutions are right!  And you told me I was the one feeling and not thinking!"}
{"_id": "511135", "title": "", "text": "\"It's a hard decision to make. Especially without knowing the complete contract details. I would in general stay away from financial \"\"advisors\"\" like tecis or other pyramid selling companies (\"\"Strukturvertriebe\"\" in german). They usually only offer a very limited range of products. In most cases they sell only 1 or 2 products and tell everyone that these offers are the best and fit exactly to the client. I would prefer an insurance broker (requires an education) which could in theory offer any product. Coming to your situation: If you already have a Riester product which is maxed out, I see no point in another private insurance without any aid. The insurance construction allows you to save some taxes but it does cost you a premium. I would buy the funds (preferable ETFs) on my own. This comes down to the question: Does the insurance construction payoff for you for the costs it generates?\""}
{"_id": "511139", "title": "", "text": "They'll never punish the people actually responsible. Because that would include people like current Treasury Secretary Jack Lew who was the Chief Operating Officer at Citigroup through the financial crisis. As much as I don't like the big banks, the current management, employees, and shareholders have very little to do with the fraud committed 7-10 years ago. If you put the previous generation of management in jail or if you bankrupt them with fines, then the current generation of management and employees will wise up and not do stupid/illegal shit. The settlement just shows the current generation that the next guy will pay for your crimes."}
{"_id": "511159", "title": "", "text": "\"I think that \"\"memoryless\"\" in this context of a given stock's performance is not a term of art. IMO, it's an anecdotal concept or cliche used to make a point about holding a stock. Sometimes people get stuck... they buy a stock or fund at 50, it goes down to 30, then hold onto it so they can \"\"get back to even\"\". By holding the loser stock for emotional reasons, the person potentially misses out on gains elsewhere.\""}
{"_id": "511161", "title": "", "text": "I think your best course of action depends on the likely outcome of the divorce proceedings. The alimony/child support payments are controlled externally. I don't like to plan around things that I have no control over. In your shoes, I would probably avoid buying until things are settled down."}
{"_id": "511177", "title": "", "text": "\"I never said Wall Street enjoys paying taxes.  But that is only because they are short-sighted and arrogant.  If they were to take a step back they would see that a functioning society is more in their interest that a few extra mil and social upheaval.  If this is a reasonable argument (not saying it's true, but that it's not immediately or definitively wrong), then we can say that it's not unreasonable for Warren Buffet to hold that idea, which would invalidate your premise.  Requiring a level of proof beyond that is absurd and you're just obstructing the conversation, what are we going to do, hack into his brain to find out his \"\"true\"\" thoughts?  Just to be clear, I do not think government bureaucracy will solve this problem, and I agree with your analysis of how that would play out.  I don't think a solution to these types of problems exists within the state-market paradigm.  But at least now we're agreeing that there is a market-failure at work, rather than your previous statement of \"\"it is ridiculous for Bob to think he is entitled to 5 cows if John sells Jim ten thousand heads.\"\"  My question then is why do you espouse such simplistic nonsense when you understand that the situation is much more complex?  Is it because it is easier and more psychologically comfortable to ignore these injustices than to admit that your model does not have an effective way of dealing with them?  &gt; Why do you think this, exactly?  Because things like this require collective action or you run into the free rider problem.\""}
{"_id": "511178", "title": "", "text": "\"The conclusion that \"\"it's bad to have 0% utilization\"\" from the data you linked is misleading.  When people have zero history, they also have zero utilization.  The fact that generally people with zero utilization are credit virgins is what drives that average score.  Obviously, people with zero, or limited, history will have significantly lower credit scores than folks with some utilization and a lot of history. In response to the couple comments regarding the dip on attaining 0% utilization.  The data shows a 67 point drop in average score from 0% to 1%-10%.  The stark deviation in average score between those two groups is not the result of a couple point change because of zero utilization.\""}
{"_id": "511193", "title": "", "text": "&gt;Because something is legal doesn't make it the ethical choice.  You fail to demonstrate what is unethical about minimizing tax burdens.   &gt;corporations making huge profits using the infrastructure of the region  Did the corporations have an option to refuse using that infrastructure, and instead provide their own or work with others to develop a competing infrastructure?   &gt;Keep in mind that these favorable tax laws were lobbied by corporations with the intent to avoid taxes in mind.  You have failed to support any argument that there is anything wrong with minimizing tax burden.  &gt;If I'm walking behind someone and they happen to drop a $100 bill without noticing, I can certainly pick it up and put it in my pocket legally, but its hardly the moral thing to do.  A more relevant example is if I order a pizza, have it sent to your house, then show up later with a bill for the pizza and my costs to send it to you, demanding you pay it. You never asked for the pizza, maybe you didn't want the pizza, maybe you didn't eat the pizza, maybe you don't like pizza, or don't like that kind of pizza. That I choose to send you a pizza does not obligate you to pay for that pizza."}
{"_id": "511228", "title": "", "text": "\"Unfortunately, the only thing you can say is \"\"Here have $1,200.\"\" You need to start living inside your means. If you are not making as much money as you once were, then you need to stop spending money.  You should cancel your travel, and really look at your expenses to see what you can cut. You need to pay off the entire credit card then decide what you wan to do with it.  You should never spend more on a credit card then you actually have in the bank. If you have a credit card with a $500 limit and $10 in the bank, feel free to spend $10, but under normal circumstances, you should not spend the other $490 as you do not actually have the money. I recommend using \"\"envelope budgeting\"\" like yNAB, to get your expenses back to an amount you can actually afford to pay, and to pay off this debt as fast as you can, even though it may mean ramen noodles for a while.\""}
{"_id": "511240", "title": "", "text": "Probably not. If you were at a small company and asked such a question, you'd get advice and links to erisa or other case law, etc.  it's safe to say that a Fortune 500 company such as IBM is going to have their facts in order, and not going to run afoul of the rules in these cases (vesting rules and takeover of other company).  I was in a company that cancelled its pension program. Those of us with the required years got the option of a lump sum payout, those with less than 5 years had no vested value and got nothing. One month longer employment, in the case of a particular coworker, would have given him a lump sum worth nearly 6 months pay."}
{"_id": "511241", "title": "", "text": "You're talking about floating rate loans. It's so that the bond is marked back to market every 90 days. Any more often would be a hassle to deal with for everyone involved, any less often and they would be significant variance from LIBOR vs. the loan's specific rate."}
{"_id": "511280", "title": "", "text": "One thing no one else has touched on is the issue of time frame. If I'm looking to hold my shares over the next few years, I don't mind riding out a few short-term bumps, while the short-seller is looking to make a quick profit on some bad news. Sure, I could sell and rebuy, but that's a lot of hassle, not to mention commissions and tax issues."}
{"_id": "511290", "title": "", "text": "\"For what it's worth, from the article:  &gt; Consequently, the chance of a recession is more than a third, they say. That could get even higher in the event that the Bank of England hikes interest rates before the end of the year, although that seems unlikely given Tuesday's inflation figures showing an unexpected fall in how fast the price of goods rose during June.  &gt;\"\"We have estimated a number of models that put the chances of a recession in the UK in the next six months in a 25%-38% range,\"\" the trio write.\""}
{"_id": "511291", "title": "", "text": "Basically you put down a deposit ($49-$200) and then you get a credit limit related to that card. I think it's got a 29% APR (might wanna double check that) and you have to have a checking account. Once you can show a good payment history with it and that you've had it for a little while it will open up more options with capital one and your credit in general. The one I have had an original credit limit of $300 and now has one of $700 after 7 months.    Also, make sure you're going onto Credit Karma to get updates on your credit and see what they suggest you can work on."}
{"_id": "511302", "title": "", "text": "\"Please provide an example of a state that exists without a state   I don't need to be claimed by any state.   \"\"Please explain how our overly regulated and highly prison happy government could house its fair share of people like animals.\"\"   Well we could start by making less things illegal. Which is what you would get in a market for law services. Or more like a market for protection services that doesn't just come by and pat your back after the fact.\""}
{"_id": "511313", "title": "", "text": "There are three numbers that matter in that calculation: 1) How much do you expect per month from in pension/social security/or other retirement programs? 2) At what age will each of you retire? 3) How long will each of you live? 4) What will your annual expenses be when you retire? Unfortunately #3 is the most important of the three and the hardest to know with any certainty."}
{"_id": "511316", "title": "", "text": "No, I felt that's what aweraw was trying to say, but they were not doing a good job of it so I took a crack at it from my point of view. I see where you are coming from too. Really, I suspect if we all sat down and had to write a unified view of the role luck plays in our lives we would be surprised how much we agree. :)"}
{"_id": "511317", "title": "", "text": "The best way to get cash from retirement is to not do it.  Leave the retirement savings alone.  Start saving for house down payment.  Look for ways to squirrel away money for that down payment.  Consider payment plus insurance, taxes, and maintenance costs.  If all that comes in less than a rental, you're probably better off buying.  Most likely it will not.  Make sure that when you go to buy, you have 20% down, AND an emergency fund that will cover you for 3 months of expenses at the new, higher, rate.  Hint, that'll probably be in excess of 10k based on a single person with a 1.5-2k a month mortgage, plus utilities and food.  And as a home owner, you will have a lot of things for which that emergency fund will come in handy.  It's a matter of when, not if.  Consider, 5k for a new roof, 6k for a hvac system, 1.5k for exterior paint, 500 for the plumber, 750 for pest control, 250 to have the tree removed that fell in a storm.  1000 for a new fridge.  500 for a new water heater.  1200 for washer and dryer.  ALL of these are periodic costs, and they all able to fail before they're supposed to."}
{"_id": "511325", "title": "", "text": "In all fairness, some of the benefits packages enjoyed by GM workers should never have been allowed.  To give you an idea of the kind of deals they used to have, my wife's uncle (so my uncle-in-law?) worked for GM.  He spent the last ten years sitting in a room doing nothing 40 hours a week for 80% pay.  The plant he was working at was shut down.  They couldn't fire him, and there were geographic restrictions on transfer so that he couldn't be forced to choose between resigning or moving to where there was another plant.  They didn't have any work for him to do where he was located, so they stuck him and a bunch of other people in a room hoping that they'd get bored enough to quit."}
{"_id": "511345", "title": "", "text": "\"Lol. We also used to have actual trace amounts of cocaine in Coca Cola, used meth for medication, and have eaten some pretty nasty shit in the past. Doesn't mean we can't learn it's bad for us. Do you know how many societies that never had access to dairy are unilaterally lactose intolerant? The developed world had consistent access to cow milk and therefore maintained an unnatural lactose tolerance. If one doesn't continue its consumption, they become intolerant after infancy. If the natural human reaction to dairy without interference isn't \"\"natural\"\" I don't know what would convince you.\""}
{"_id": "511355", "title": "", "text": "Airbnb always knew hotels would eventually fight back. Now they are. That\u2019s why they are offering experiences. When that concept dries up and the people with listings realize guests want a better price they will adjust the price lower. This is short term. I don\u2019t think airbnb have any thing to worry about. The users on Airbnb will win over hotels forcing hotels to close. The hotel market will be less saturated and hotels will eventually slowly but surely die out."}
{"_id": "511360", "title": "", "text": "Carpet cleaning reasons might vary in some cases like in office where more carpet materials are used. It is necessary to take cleaning assistance from an expert firm or agency which has years of experience in the field. Get the best cleaning agency to support your cleaning works for the office."}
{"_id": "511362", "title": "", "text": "Walmart is doing nothing illegal and every other business is playing against the same laws.  Nobody is forced to work there and nobody is forced to shop there.  That all said anyone who actually cares about this has a solution - update the laws and convince people to update their choices in where to work and where to shop.  Think long and hard about how you would like other people treated, and how complex you would like that to be (hint: the US health system is ludicrously complex and inefficient).    Realise that every law has other consequences and just because you want something to happen a particular way doesn't mean it will.  For example increasing minimum wages doesn't magically increase average wages or provide new jobs for the unemployed.  (There is a lot of [debate over the actual effects](http://en.wikipedia.org/wiki/Minimum_wage#Debate_over_consequences) but it is never simple.)"}
{"_id": "511363", "title": "", "text": "Why not?  Couldn't one assume that if a person does not go to college then they'd go straight into the work force?  Given that college usually takes 4 years to complete, that worker would only have to save $6,250 per year for the down payment and would be debt-free."}
{"_id": "511375", "title": "", "text": "Found the communist! Yes, it is the company's fault for not making enough money. They're so greedy for providing jobs and healthcare so it is no surprise that when healthcare prices soar through the sky that they will choose to keep paying it until it bankrupts them! Jesus Christ, get half a brain before you comment.  This is life, not every small company is going to be living like a king."}
{"_id": "511385", "title": "", "text": "Your ETF will return the interest as dividends.  If you hold the ETF on the day before the Ex-Dividend date, you will get the dividend.  If you sell before that, you will not.  Note that at least one other answer to this question is wrong.  You do NOT need to hold on the Record date.  There is usually 2 days (or so) between the ex-date and the record date, which corresponds to the number of days it takes for your trade to settle.  See the rules as published by the SEC: http://www.sec.gov/answers/dividen.htm"}
{"_id": "511386", "title": "", "text": "For most people Term is the way to go. I consider life insurance a necessity not an investment. See this article on SmartMoney."}
{"_id": "511399", "title": "", "text": "\"Well the theory is then that a judge can make a decision based on the facts at hand. If you're going to sentence people for life, might as well just take them out back and shoot them, that's economically cheaper \"\"in theory\"\".\""}
{"_id": "511432", "title": "", "text": "\"I've considered simply moving my funds to an Australian bank to \"\"lock-in\"\" the current rate, but I worry that this will put me at risk of a substantial loss (due to exchange rates, transfer fees, etc) when I move my funds back into the US in 6 months.  Why move funds back?  If you want to lock in current exchange rates, figure out how much money you are likely to spend in Australia for the next six months.  Move just enough funds to cover that to an Australian bank.  Leave the remainder in the United States (US), as your future expenses will be in US dollars.   So long as you don't find some major, unanticipated purchase, this covers you.  You have enough money for the next six months with no exchange rate worries.   At the end of the six months, if you fall slightly short, cover with your credit card as you are doing now.  You'll take a loss, but on a small amount of money.  If you have a slight excess and you were right about the exchange rate, you'll make a little profit at the end.  If you were wrong, you'll take a small loss.   The key here is that you should be able to budget for your six months.  You can lock in current exchange rates just for that amount of money.   Moving all your funds to Australia is a gamble.  You can certainly do that if you want, but rather than gambling, it may be better to take the sure thing.  You know you need six months expenses, so just move that.  You will definitely be spending six months money in Australia, so you are immune to exchange rate fluctuations for that period.  The remainder of your money can stay in the US, as that's where you plan to spend it.   However, recent political events back in the States have me (and, I'm sure, every currency speculator and foreign investor) worried that this advantage will not last for much longer.  If currency speculators expect exchange rates to fall, then they'd have already bid down the rates.  I.e. they'd keep speculating until the rates did fall.  So the speculators expect the current rates are correct, otherwise they'd move them.   Donald Trump's state goal is to increase exports relative to imports.  If he's successful, this could cause the US dollar to fall to make exports cheaper and imports more expensive.  However, if his policies fail, then the opposite is likely to happen.  Most of his announced trade policies are more likely to increase the value of the dollar than to decrease it.  In particular, that is the likely result of increased tariffs.   If you are worried about Trump failing, then you should worry about a strong dollar.  That's more in line with actual speculation since the election.   I don't know that I'd make a strong bet in either direction.  Hedging makes more sense to me, as it simply locks in the current situation, which you apparently find favorable.  Not hedging at all might produce some profit if the dollar goes up.  Gambling all your funds might produce some profit if the dollar goes down.  The middle path of hedging just what you're spending is the safest if least likely to produce profit.   My recommendation is to hedge the six months expenses and enjoy your time abroad.  Why worry about political events that you can't control?  Enjoy your working (studying) vacation.\""}
{"_id": "511442", "title": "", "text": "Boom-bust economic cycles and asset bubbles have been happening for hundreds of years. And they take years or decades to work out, eg Long Depression from 1870-1890. Nothing is different this time.   Therefore I am surprised people think the housing recovery is right around the corner. I don't think the conditions exist for the type of housing recovery people expect.   Asset bubble, high unemployment, low wages and aging work force = economic stagnation. Maybe for the rest of my working life."}
{"_id": "511445", "title": "", "text": "What would an entry level job entail?  I know a fair amount of scientific computing (numerical methods, finite element methods), but computer science knowledge/skills are like intro to comp sci I and maybe II.  You don't need a lot of comp sci stuff to implement scientific algorithms in matlab (e.g. not even, like, object-based programming, classes, or even recursion, although I've touched on these things in intro comp sci classes), so Idk if you're thinking I have more skills than I do."}
{"_id": "511455", "title": "", "text": "Though a fan of ETFs (esp. high volume commission-free ones) recently a single, new fund VQT appeared on my radar of interest.  It's based on dynamic hedging that has sort of build-in diversification and adapts to the market climate, pulling in and out varying amounts from cash, the S&P 500 and volatility futures based on VIX. I've been Long VQT and it's followed the S&P500 during good times, though not at far, but crucially disconnected with much milder losses when the general market was nose diving.  You can lookup and compare to SPY at http://finance.google.com Not trying to give investment advice, in case that upsets some rules."}
{"_id": "511465", "title": "", "text": "Sprint is the cheapest of the top four providers because they offered a special plan called SERO that many people took advantage of. I have a SERO Premium plan that includes plenty of minutes and unlimited 4G data for $50/mo. The same plan would cost at least $95/mo with any other provider, including T-Mobile. The only way for Sprint to move forward is to dump their SERO users or greatly outnumber them with normally priced plans."}
{"_id": "511480", "title": "", "text": "**Social Security number**  In the United States, a Social Security number (SSN) is a nine-digit number issued to U.S. citizens, permanent residents, and temporary (working) residents under section 205(c)(2) of the Social Security Act, codified as 42 U.S.C. \u00a7 405(c)(2). The number is issued to an individual by the Social Security Administration, an independent agency of the United States government. Although its primary purpose is to track individuals for Social Security purposes, the Social Security number has become a de facto national identification number for taxation and other purposes.  A Social Security number may be obtained by applying on Form SS-5, Application for A Social Security Number Card.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "511489", "title": "", "text": "Exactly. I have seen this kind of claim before and it smacks of BS. People have equity in their homes, CDs, IRAs, 401Ks, pensions, precious metals. Just because you don't keep money in a savings account doesn't mean you don't have access to money. Shoot, I've got $20K available in credit cards."}
{"_id": "511498", "title": "", "text": "\"One of the things I love to do is to find big patterns in things. When an effect is the result of human decisions, then since people are involved in lots of stuff you should generally be able to find large commonalities of behavior.   In this case, it's really \"\"Who Moved My Cheese?\"\" Over and over we see industries that fear change and fight the change with lawsuits and dirty tricks. This can be traced down to the idea that a large number of managers and executives aren't that *creative* but know how to politic their way into jobs. (It's not what you know...) While I doubt they would recognize this, the threat of market upheavals scares them because they don't know how to deal with it - it introduces fear, uncertainty, and doubt. So they use the tools they know - lawyers.   In the meantime, the Sergey/Pages, Jeff Bezos, Steve Jobs, and Reed Hastings of the world see the \"\"brilliant!\"\" path and essentially duck through the giant's legs (not all the time, mind you. Ask Preston Tucker)\""}
{"_id": "511500", "title": "", "text": "The website is a negative for consumers with no obvious upside to them. If I took a bunch of time to rate all the movies on one site, why should it not carry over.  They do need to make the switch to primarily streaming only, but don't kill off the DVD cash cow too soon"}
{"_id": "511506", "title": "", "text": "\"Don't mind the percentages. They are highly misleading. First, \"\"saving\"\" is making available for future use. It might be \"\"hoarding\"\", \"\"investing\"\" or a combination thereof. It might be for a specific use (a car, a college education, retirement, etc.), or for a non-specific use (for an emergency, for when you decide to spend some of those savings, or just for lack of a compelling use as of the moment). In first case, whatever you save should be available by the date you intend to use it. In second case, it might be prudent to have savings (and investments, see below) of various liquidity (cash you have at hand, bank account you can draw next day, mutual fund account you can draw in a month, maybe something you can only cash in a year etc.). You will see that the actual percentages you \"\"save\"\" fluctuate enormously throughout your life, varying with the progress of your career, changes of marital status and family cmposition, etc., etc. What you should really do is to come up with a rough plan of how you expect, from right now and to the end of your life at whatever age, have enough money for whatever level of comfort you plan for each period of your life, allowing for some specified level of perturbations. Then you just execute that plan or change it as you go.\""}
{"_id": "511510", "title": "", "text": "\"The reason that stock buybacks are not considered insider trading is because the offers are open to all on equal terms to everyone outside the company. Even if the company knows \"\"inside\"\" information, it's not supposed to tell it (and company executives are not allowed to tender shares, unless they had previously set up a \"\"blind\"\" selling program on a\"\"schedule.\"\") If that's actually the case, no one investor is better informed than another, and hence there is no insider trading. The issue of inside trading is that \"\"insiders\"\" ARE better informed.\""}
{"_id": "511515", "title": "", "text": "Yes, it's a buyer's market. If one is looking to buy a house, comparing the cost to rent vs own is a start. Buying a property to rent to a stranger is a different issue altogether, it's a business like any other, it takes time and has risk.  If today, one has a decent downpayment (20%) and plans to stay in the house for some time, buying may make economic sense. But it's never a no-brainer. One needs to understand that housing can go down as well as up, and also understand all the expenses of owning which aren't so obvious. Ever increasing property tax, repairs, etc."}
{"_id": "511521", "title": "", "text": "\"Set aside any perceived positive aspects of being owed a refund and weigh those with the negatives. What are the reasons you should not have your money tied up with the IRS? You'll see that Uncle Sam does not have a good track record as a financial institution: Many thousands of refunds every year are delayed for many months due to IRS systems glitches. Yet, many people count on that refund which is not always guaranteed within the stated time-frame. You have no legal recourse. You cannot sue the federal government for the money you lent them when they decide not to pay you back for an extended period of time. Yet, if you decide to delay paying them, they have all the power and will use it to charge you fee's that no corporate / private institution would get away with. \"\"owing some tax money is better than having a refund from a ID theft/fraud/security aspect\"\" Again, there is zero financial incentive to lend free money to Uncle Sam, he is not a bank. The only time interest comes into play is when the refund is overdue. Even then, it is not an incentive / doesn't come close to the penalty burden on you if you don't pay your taxes on time. I would ask the followup question: What sane person would engage in business with such a financial institution?\""}
{"_id": "511522", "title": "", "text": "\"&gt;The Port Authority operates New York City's airports, its seaports, a train system, and several bridges and tunnels.  Newark Airport and Port Elizabeth/Newark are in NJ, not NY. And the \"\"train\"\" system, the PATH is half in NJ, as are all of the bridges and tunnels. Interesting why the article is so NY-centric.\""}
{"_id": "511528", "title": "", "text": "You're asking whether the shares you sold while being a US tax resident are taxable in the US. The answer is yes, they are. How you acquired them or what were the circumstances of the sale is irrelevant. When you acquired them is relevant to the determination of the tax treatment - short or long term capital gains. You report this transaction on your Schedule D, follow the instructions. Make sure you can substantiate the cost basis properly based on how much you paid for the shares you sold (the taxable income recognized to you at vest)."}
{"_id": "511531", "title": "", "text": "Sounds about right.  Purchased a shower curtain online and went to my local store for pickup.  At that store, pickup is in the same area as the service desk, so they had to find the pickup person, and then it took them ten minutes to find the item.  Doing that once was enough to learn never to do that again."}
{"_id": "511535", "title": "", "text": "NOTE:  This is my opinion, so please have respect- I am not trying to insult or put down anyone.  I merely want to play the devils advocate and contribute to the dialogue in a constructive manner.  Thanks.   You're better trying to short magazines or the publishing industry.  The reason why the music industry fell was because they were disorganized even before iTunes came around.  The internet has a fantastic distribution system, I agree.  But many of these streaming websites are trying to eat TV and Cable's lunch.   Many of the people who under-estimate TV do not realize the amount of money, talent, research, staff and infrastructure needed to produce top-level high-quality shows and programming.  It is easy to stream a TV show or movie AFTER it's been already produced and broadcast, but do you really think the internet will give us a Mad Men, LOST, Walking Dead, Game of Thrones?  I highly doubt it, and that's a big reason why TV is here to stay.  Yes there is talk of Netflix trying to buy the rights to some shows, but it's only in the initial phase and you can be damn sure that TV/Cable is testing the waters on their part too.  If they decide that the relationship with Netflix isn't working then they are not obligated to work with Netflix.  In this case, Netflix needs TV more than TV needs the Netflix or Hulu.  What makes Netflix/Hulu any more right than a Viacom or Comcast?  You seem to think a future of Netflix and iTunes is utopia, when in reality it would be an oppressive dystopian closed system with NO competition.  At least with TV and Cable, you have networks actively competing with each other- they are literally tripping over themselves working as hard as they can to PLEASE you- the audience.  You talk about how a future without TV is a good thing, but you fail to realize that it would actually be a bad thing for American culture.    People seem to think that sitting in front of the 20inch computer monitors at a table for one is preferable to a 50 inch LCD screen with dolby surround in the den.  I am not surprised because the internet is comprised of people who mainly dwell on the internet, where people who watch TV are probably watching TV right now.    On top of that, many people would lose their jobs.  Just because Apple or Netflix can distribute shows and movies cheap does not mean that many thousands of people should lose their jobs (especially if the majority of America still prefers to watch programming on their TV's and not locked in their room on a small computer screen with the tinny-sounding computer speakers).  This is one of the reasons why we're having an unemployment problem, because these jobs are disappearing by the cold mechanical algorithms of a computer program.  Think of the many thousands of jobs that have been lost in the music industry, don't you think college kids would have loved to start their careers at a record label promoting music and encouraging growth?  Instead we have MP3's and instant gratification, music is arguably dead (read: 90's music).  And if we think a future without TV is utopia, then I have some bad news for you, it isn't.  TV is American, we do it best and we should NOT be turning our backs on it.  Once we do that, we lose our culture.   Who do you think will own the internet in 50 years?  I can tell you it won't be the US of A.  Think very carefully and be careful what you wish for..."}
{"_id": "511541", "title": "", "text": "Wow  guy started out in a boiler room, then went on to flip penny stocks, before using his own capital and public statements to short companies. Smells a bit dodgy (even if legal at the margin) yet he's idolised by NYT"}
{"_id": "511542", "title": "", "text": "Let me pick on one of the quotes from the article:  &gt; As Shierholz emphasizes, \u201cfor a full recovery in the labor market to occur, two key things need to happen: Layoffs need to come down, and hiring needs to pick up.\u201d  How much further can layoffs go?  [Looking at 40 years worth of data](http://research.stlouisfed.org/fred2/graph/?g=HHo), initial jobless claims are near historic lows.  If you adjust layoffs to the size of the work force, [they are at all-time lows](http://research.stlouisfed.org/fred2/graph/?g=HHp)."}
{"_id": "511559", "title": "", "text": "\"While nothing is guaranteed - any stock market or country could collapse tomorrow - if you have a fairly long window (15+ years is certainly long), ETFs are likely to earn you well above inflation.  Looking at long term ETFs, you typically see close to 10% annual growth over almost any ten year period in the US, and while I don't know European indexes, they're probably well above inflation at least. The downside of ETFs is that your money is somewhat less liquid than in a savings account, and any given year you might not earn anything - you easily could lose money in a particular year.  As such, you shouldn't have money in ETFs that you expect to use in the next few months or year or even a few years, perhaps. But as long as you're willing to play the long game - ie, invest in ETF, don't touch it for 15 years except to reinvest the dividends - as long as you go with someone like Vanguard, and use a very low expense ratio fund (mine are 0.06% and 0.10%, I believe), you are likely in the long term to come out ahead.  You can diversify your holdings - hold 10% to 20% in bond funds, for example - if you're concerned about risk; look at how some of the \"\"Target\"\" retirement funds allocate their investments to see how diversification can work [Target retirement funds assume high risk tolerance far out and then as the age grows the risk tolerance drops; don't invest in them, but it can be a good example of how to do it.]   All of this does require a tolerance of risk, though, and you have to be able to not touch your funds even if they go down - studies have repeatedly shown that trying to time the market is a net loss for most people, and the best thing you can do when your (diverse) investments go down is stay neutral (talking about large funds here and not individual stocks). I think this answers 3 and 4.   For 1, share price AND quantity matter (assuming no splits).  This depends somewhat on the fund; but at minimum, funds must dividend to you what they receive as dividends.  There are Dividend focused ETFs, which are an interesting topic in themselves; but a regular ETF doesn't usually have all that large of dividends.  For more information, investopedia has an article on the subject.  Note that there are also capital gains distributions, which are typically distributed to help offset capital gains taxes that may occur from time to time with an ETF.  Those aren't really returns - you may have to hand most or all over to the IRS - so don't consider distributions the same way. The share price tracks the total net asset value of the fund divided by the number of shares (roughly, assuming no supply/demand split).  This should go up as the stocks the ETF owns go up; overall, this is (for non-dividend ETFs) more often the larger volatility both up and down. For Vanguard's S&P500 ETF which you can see here, there were about $3.50 in dividends over 2014, which works out to about a 2% return ($185-$190 share price).  On the other hand, the share price went from around $168 at the beginning of 2014 to $190 at the end of 2014, for a return of 13%.   That was during a 'good' year for the market, of course; there will be years where you get 2-3% in dividends and lose money; in 2011 it opened at 116 and closed the year at 115 (I don't have the dividend for that year; certainly lower than 3.5% I'd think, but likely nonzero.) The one caveat here is that you do have stock splits, where they cut the price (say) in half and give you double the shares.  That of course is revenue neutral - you have the same value the day after the split as before, net of market movements. All of this is good from a tax point of view, by the way; changes in price don't hit you until you sell the stock/fund (unless the fund has some capital gains), while dividends and distributions do.  ETFs are seen as 'tax-friendly' for this reason. For 2, Vanguard is pretty good about this (in the US); I wouldn't necessarily invest monthly, but quarterly shouldn't be a problem.  Just pay attention to the fees and figure out what the optimal frequency is (ie, assuming 10% return, what is your break even point).  You would want to have some liquid assets anyway, so allow that liquid amount to rise over the quarter, then invest what you don't immediately see a need to use. You can see here Vanguard in the US has no fees for buying shares, but has a minimum of one share; so if you're buying their S&P500 (VOO), you'd need to wait until you had $200 or so to invest in order to invest additional funds.\""}
{"_id": "511560", "title": "", "text": "In most states, Car insurance follows the car, not the driver, so your insurance would likely cover her. Her insurance may secondarily cover her in your car under certain conditions (she'd have to call and ask to confirm)  Of course, they might try to deny any claim if you misrepresented your application (where it asks about all drivers in the 'household'). One thought-- Consider getting a joint policy with both of your cars on it, the joint policy might be cheaper than two separate policies. Marriage and 25+ yr age is the holy grail as far as insurance companies go, but you might fare well with a joint policy.  You could also consider becoming domestic partners if you're not quite ready for marriage and possibly save on health and car insurance."}
{"_id": "511563", "title": "", "text": "Yeah, and what blows my mind most is that there was a very easy out for regulatory relief that would have actually brought us closer to compliance with BCBS rules. In the US the threshold for Basel rules is $50B in assets, while under Basel III and in most of the world its \u20ac250B. Just adopting this standard would give small banks relief. As an aside, the new law would also make it harder for the Fed to adopt the Basel III finalization rules, which are incredibly advantageous to US banks and which we fought hard for."}
{"_id": "511564", "title": "", "text": "I use Couponrefund.com I get coupon and coupon codes from here to get discount by which I save hundreds of dollars while shopping."}
{"_id": "511570", "title": "", "text": "Ok, still a high proportion, but the claim in the title is a complete fabrication, disputed by the article itself.   Also keep in mind that this is a % of net income and not gross.  Edit:   here is a link to the actual report: https://kfcontent.blob.core.windows.net/research/707/documents/en/the-uk-tenant-survey-2017-4743.pdf  I'm very skeptical about the scientific rigor of this whole thing."}
{"_id": "511571", "title": "", "text": "You should ask the bank supplying the SBA loan about the % of ownership that is required to personally guarantee the loan. Different banks give different figures, but I believe the last time I heard about this it was 20% or more owners must personally guarantee the loan. Before you spend a lot of money on legal fees drawing up a complicated scheme of shares, ask the bank what they require. Make sure you speak with an underwriter since many service people don't know the rules."}
{"_id": "511583", "title": "", "text": "No it is not required to create a trade account or a current account. If the payment is via Paypal, as per Indian laws, it would automatically get credited to your savings account in 7 days.  You would still need to declare this as income and pay tax accordingly."}
{"_id": "511587", "title": "", "text": "\"I am assuming you mean derivatives such as speeders, sprinters, turbo's or factors when you say \"\"derivatives\"\". These derivatives are rather popular in European markets. In such derivatives, a bank borrows the leverage to you, and depending on the leverage factor you may own between 50% to +-3% of the underlying value. The main catch with such derivatives from stocks as opposed to owning the stock itself are: Counterpart risk: The bank could go bankrupt in which case the derivatives will lose all their value even if the underlying stock is sound. Or the bank could decide to phase out the certificate forcing you to sell in an undesirable situation. Spread costs: The bank will sell and buy the certificate at a spread price to ensure it always makes a profit. The spread can be 1, 5, or even 10 pips, which can translate to a the bank taking up to 10% of your profits on the spread.  Price complexity: The bank buys and sells the (long) certificate at a price that is proportional to the price of the underlying value, but it usually does so in a rather complex way. If the share rises by \u20ac1, the (long) certificate will also rise, but not by \u20ac1, often not even by leverage * \u20ac1.  The factors that go into determining the price are  are normally documented in the prospectus of the certificate but that may be hard to find on the internet. Furthermore the bank often makes the calculation complex on purpose to dissimulate commissions or other kickbacks to itself in it's certificate prices.  Double Commissions: You will have to pay your broker the commission costs for buying the certificate. However, the bank that issues the derivative certificate normally makes you pay the commission costs they incur by hiding them in the price of the certificate by reducing your effective leverage. In effect you pay commissions twice, once directly for buying the derivative, and once to the bank to allow it to buy the stock.  So as Havoc P says, there is no free lunch. The bank makes you pay for the convenience of providing you the leverage in several ways. As an alternative, futures can also give you leverage, but they have different downsides such as margin requirements. However, even with all the all the drawbacks of such derivative certificates, I think that they have enough benefits to be useful for short term investments or speculation.\""}
{"_id": "511592", "title": "", "text": "A medical expense is only a qualified medical expense eligible for an HSA distribution if it is not reimbursed by insurance.  If you know that you will be reimbursed, do not pay for it through your HSA. Think of it this way: you can only be reimbursed for a medical expense once.  Either you get reimbursed by your insurance, or you get reimbursed by your HSA, but not both. If you pay for the expense with your HSA and are later reimbursed, you need to return the money to your HSA through a mistaken distribution repayment.  This is not considered a contribution, but you need to make sure to tell your HSA provider that it is a mistaken distribution repayment and not a contribution, so that it gets accounted for correctly."}
{"_id": "511598", "title": "", "text": "&gt; I'll make the most of it, like go fill up gas, buy needed groceries, get lunch, meet a friend, or sometimes just people watch while I shop.  Your day isn't interrupted because if you're going to do all those things just because you're almost out of toothpaste, you really don't have anything to do.  Sorry."}
{"_id": "511602", "title": "", "text": "The Zeolite Import Data can be collected from the agencies that are available online or by hiring an expert that hold expertise in this profession. Seair Exim Solution provides comprises HS code, Product Description, Bill of Loading Quantity, Country Name, and Port Name etc."}
{"_id": "511605", "title": "", "text": "Here's the thing, in all of your examples you are pointing out how technology allowed humans to be more efficient at their jobs. But that increase in efficiency was offset by explosive population growth resulting in greater demand.  Widespread adoption of automation, particularly in large industries, has the possibility to outstrip population growth and demand growth resulting in net job losses and economic destabilization.  Historical examples fail because birth rates were higher then and we are rapidly approaching unsustainable levels of population growth, both in this country and abroad. When growth slows, and demand dies, the automation gap is magnified."}
{"_id": "511614", "title": "", "text": "&gt; Anyways, I'm not in the US, so I'm not affected by this  Uhh, thanks for your input then?  &gt;but I think if this goes through the US internet will end up even more like the US cable industry, to the detriment of users.  Left unsaid is that we don't have a single net neutrality law on the books - nor have we, ever - and yet here you are, on reddit.  You probably used Google today too."}
{"_id": "511616", "title": "", "text": "\"[There's about 10 trillion in gold](http://en.wikipedia.org/wiki/Gold_reserve) and about [2.8 trillion of US cash](http://visualeconomics.creditloan.com/the-value-of-united-states-currency-in-circulation/) in the world. Neither of these is anywhere large enough to be used for all the transactions in the world. For example, about [4 trillion a **day**](http://en.wikipedia.org/wiki/Foreign_exchange_market) changes hands in the currency markets alone - if that were required to be cash or gold it would be impossible to do so, and you'd suffer from more poorly priced goods since markets could not adjust as quickly, so vendors would charge more premium to handle the risk.  Yes, there is not (and has not been) enough cash in circulation to run the world economy. There is also vastly too little gold, unless you want to strangle commerce due to not being enough money to trade.   &gt; \"\"posing as the money supply\"\"  All money is debt, and always has been. Money is a placeholder that you can trade for goods *later* meaning someone owes you a thing. The value of that money is the debt they (or society) owes you for something you already did to get that money. So there is no posing, just most don't understand money, how it originated, why it exists, or why it works. They never ask the question \"\"how does money come into existance\"\".  &gt; Does defaulting on ones debt create inflation since that money is still in the system and not being paid off?   Probably not much. Loans are made expecting some default, so the interest others pay on their loans helps offset the defaulted ones. If loans become riskier, the interest demanded increases, so the lender still (if they do their risk analysis well and no external events break their expectations) makes money.  When you pay off a debt, that money, as you're paying it, is likely being lent in other loans, so paying it off does not do much. If you could pay off about 100 trillion in debt into the US economy in one payment you might break some things :)\""}
{"_id": "511627", "title": "", "text": "If you read the article you'd actually see that it provides a ton of value. You think I would write 2,000+ words for no reason? I spend a lot of time on articles like this and to be honest find it annoying how the reddit community always jumps to conclusions. Do your homework and actually read. Not just speaking to you but often the community in general makes this mistake. If you want to see who I am, see here: https://www.linkedin.com/in/nathanresnick/"}
{"_id": "511643", "title": "", "text": "It's easier to hold hate groups accountable than it is countries. Not that Saudi Arabia isn't guilty of the things you say they are, but not all saudis are guilty of this, and the people of SA didn't choose to be there. However every member of the hate group chose to be in that group, and said hate group exists for a specific hateful purpose, whereas a country does not."}
{"_id": "511647", "title": "", "text": "\"This page from TripAdvisor may be of interest. Look at what fees are charged on your ATM cards and credit cards, and consider overpaying your credit card so you have a credit balance that you can draw on for cash \"\"advances\"\" from ATMs that will dispense in local currency.  Depending on what fees your bank charges, you may get a better rate than the forex cash traders at the airport. Edit: Cards may not always have the best rate.  I recently heard from a traveler who was able to use a locally but not globally dominant currency to buy cash of a major currency at a shopping mall (with competitive forex traders) at rates even better than the mid-market rates posted at xe.com and similar places; I don't think you'll have that experience going from Australia to Malaysia (but another traveler reading this might have a different pair).  In my experience the card rates are slightly worse than those and the airport forex traders significantly worse.\""}
{"_id": "511651", "title": "", "text": "Possible alternative: In my case, the part-time locksmithing is a small enough portion of my I come that I just submit it as hobby income, rather than trying to track it as a separate entity."}
{"_id": "511664", "title": "", "text": "I'd recommend investing in a mutual fund that diversifies your purchase across a number of stocks (and bonds, depending on the fund). Vanguard has some of the lowest fees around, and have a large number of funds to choose from. Take a look at their offerings for a data point if nothing else."}
{"_id": "511666", "title": "", "text": "It is always better to opt for a diagnosed Medical Weight Loss than rampant dieting. Following any kind of diet charts that has not been advised by a medical practitioner, can lead to many harmful side effects. You will weight loss initially when you start dieting but soon your body will start craving for all type of fatty food items and you will end up consuming it."}
{"_id": "511670", "title": "", "text": "Isn't this absolute bullshit? You're basically giving him 8% interest plus 30% stake in the company for nothing other than putting up the initial shareholder capital ... which he's basically treating like a loan because he wants the money back and guaranteed dividend on the stake he's buying with it. Essentially, he's hedging himself against this not being a long continuing concern. So much for trust eh?  I have absolutely no idea how the VC world evaluates things so this may be normal practice for them ... but it seems like short changing which will come back to bite you if the business takes off."}
{"_id": "511678", "title": "", "text": "I think people in general tend to unnecessarily over-complicate this issue.  Here's what I think you should do in any situation like this: First and foremost, put all tax considerations aside and decide whether it makes sense to sell the stock now or hold on to it for the long term based on its merits as an investment.  Tax considerations have absolutely nothing to do with whether the stock is a good investment.  If you consider all non-tax factors and decide to hold on to it for the long term, then you can use the tax considerations as a very minor input to how long you should hold it - in other words, don't set your time horizon to 17.5 months if waiting another 2 weeks gives you better tax treatment. You're going to pay taxes on your gains no matter what.  The only difference is whether you pay capital gains tax or income tax.  Granted, the income tax rate is higher, but wouldn't it suck if you pay a LOT less tax only because you have a LOT less value in your stock? So to answer your question - I would say, absolutely not, tax consequences do not make it worthwhile to hold on to your ESPP shares.  If you decide to hold on to your ESPP for other reasons (and they better be good ones to put that much free profit at risk), only then should you look at the tax consequences to help fine-tune your strategy."}
{"_id": "511696", "title": "", "text": "I also reckon the tax situation is a relevant difference. I'd rather take shares over a wage when, you know, I'm not / minimally taxed for capital gains, at a rate way lower than what I should be paying for the equivalent as income tax."}
{"_id": "511704", "title": "", "text": "\"Can you give the context? A bond usually only has one \"\"tenor,\"\" so weighted average tenor could apply to all the bonds that a single firm owes? Or an industry or the market or a specific bond rating or whatever. But we usually use duration as it's more useful\""}
{"_id": "511707", "title": "", "text": "Agree with the above poster regarding causation vs. correlation. Unless you can separate out the variables questions like this are somewhat impossible to answer.  Additionally, one of the fundamental issues is the Agency Problem. Depending on the fee structure the advisor might be more interested in their own self benefit then yours."}
{"_id": "511714", "title": "", "text": "Financial problems are often due to budget (income statement) issues, either caused by excessive expenses or too little income. You state your income at $115K (pre-tax?), which is much larger than median income. But you do not supply (all) expenses, other than state that you have debts that require large payments, and that you are doing well budgeting (which is hard to accept based upon the large debt load). Though you do not mention specific card amounts, interest rates, and options you have considered for addressing these balances, you do suggest that you understand the problem, and want to pay the credit cards off. You have a large amount of debt comprised mainly of large credit card balances. There are no easy solutions for high credit card debt. This is a problem that you need to learn how to manage, and the costs that you incur when you allow easy credit to chain you to service to the credit card companies. Rather than sacrifice your future, look to finding ways to fix your present situation, which is tough. Try to find a way to dig out of the debt, which will take several years. Lets put this debt in perspective - consider that a five year (60 months) plan to repay the debt will require paying > $1000/month towards principal (plus the interest on all the cards). Difficult, but not impossible.  You also mention two cars, with $375/month on one car, $unknown/month on the other car.  Plus you mention $500/month for private school. Since the debt is a balance sheet problem, do you have any assets you can sell to payoff some of the debt? Can you sell your cars and obtain cheaper vehicles that have smaller payments? Can you examine you budget and find areas where you can save? When you were making $75K/year or $30K/year, you certainly had lower expenses and a smaller expense budget - can you reduce your expenses to a more modest level? Can you go on a 'budget diet'? This would be the advice Dave Ramsey (and others) would give. You probably have $6400/month income (net after taxes), which using the LearnVest approach would give you three budget categories. Modify the approach to allocate more for financial priorities (paying down debt) until you have the credit cards under control. I have estimated below, Essentials (50%, $3200) Financial (30%, $1920) Lifestyle (20%, $1280) Some suggestions, The Debt Snowball approach works. Driving a cheaper car works. Scaling back on monthly lifestyle expenses works. Slash your expenses for a year - cut back on everything, and pay off some of that debt. You really need to manage this situation with a focus on reducing that unsecured debt to a manageable level. Consider a reputable debt repayment plan."}
{"_id": "511725", "title": "", "text": "Alright. Thanks for the advice. Usually when I heard you can do govt with Econ i thought you would need a masters or PHd in order to move up. That's why I was dissuaded from going down that path unless there is entry level jobs for bachelors"}
{"_id": "511728", "title": "", "text": "Then you want to contact the chain's *franchise development* department -- they typically offer a deal in which you obtain the financing and run the hotel, but they provide you with the brand and various kinds of help.  For example:  http://development.ihg.com/contact-us  http://hiltonworldwide.com/development/develop-hotel/  https://hotel-development.marriott.com/"}
{"_id": "511760", "title": "", "text": "Anytime you invest in stocks, you do that inside an investment account - such as the type you might open at ETrade, Vanguard, Fidelity or Charles Schwab.   Once you have the account and fund it, you can tell the system to invest some/all of your money in  When you open your investment account, their first question will be whether this is a cash account, traditional IRA, or Roth IRA.  The broker must report this to the IRS because the tax treatment is very different."}
{"_id": "511769", "title": "", "text": "\"In theory, say we had two soft drink companies, and no other existed. On Jan 1, they report they each had 50% market share for the past year. Over the next year, one company's gain is the other's loss. But over the year, for whatever reason, the market has grown 10% (all the stories of bad water helped this), and while the market share ends at 49/51, the 49 guy has improved his margins, and that stock rises by more than the other.  In general, companies in the same industry will be positively correlated, and strongly so.  I offer my \"\"spreadsheets are your friend\"\" advice. I took data over the last 10 years for Coke and Pepsi. Easy to pull from various sites, I tend to use Yahoo. In Excel the function CORREL with let you compare two columns of numbers for correlation. I got a .85 result, pretty high. To show how a different industry would have a lower correlation, I picked Intel. Strangely, enough, Intel and Pepsi had a .94 correlation. A coincidence, I suppose, but my point is that you can easily get data and perform your own analysis to better understand what's going on.\""}
{"_id": "511770", "title": "", "text": "You're gonna start a business but you can't choose your own name? C'mon man, that's the fun part.. Have you researched the demand? In a dying industry like hard copy games, what sets you aside from big players like GameStop? What's gonna set you apart from all the rest? Sorry to say but right now you don't even have a name, my friend. My advice is to write out a detailed business plan &amp; come up with ways to keep yourself afloat. Either way, like I said, you're entering a dying industry that may have something like 10 years at the max considering digital copies are becoming the majority. Personally, i'd rethink your business concept because you may be calling it Game Over before you even push start.. Good Luck"}
{"_id": "511774", "title": "", "text": "I didn't mean to discount her contribution to the company. On the contrary, I think what she does is great. She got into acting acting at a young age and made it big; she then leveraged her success to be a businesswoman. She won't be an actress forever, even attractive actresses like her will hit their expiration date sometime in their 30s. Being part of this start-up makes financial sense and is a great learning opportunity."}
{"_id": "511783", "title": "", "text": "This sounds like a pushy question and I swear I don't mean it to be -- I'm honestly interested in your input. But, assuming you're in the U.S. or a Western European nation, in what sense do you not feel sufficiently free? (Answers to this question are interesting, I think.)"}
{"_id": "511851", "title": "", "text": "My advice is to know what you need in an employee and ask straight forward questions to get the information you need. The time spent doing so is unimportant; as long as you get the information. Time is valuable, for both you and your applicants.   As another poster said, first impressions are important. It's also important to ensure you're getting a good fit. There have been times when I wasn't thoroughly impressed or decided upon hiring an applicant based on the first impression. It took some getting to know them to see the potential.   There is no written guide to the perfect way to interview. Ask the questions you think will get you the information you need."}
{"_id": "511861", "title": "", "text": "http://dailyfinance.com Enter a stock ticker, then click on the Chain link to the left. Then, click on the option tickers to see their charts. EDIT: the site has changed, and there are no more option charts. So why are option charts so tough to find? Options are derivatives of the stock. Option prices are defined by a formula. The inputs are stock pricxe, strike, days to expiration, dividend, risk-free interest rate, and volatility. Volatility is the only thing that cannot be easily looked up. With a Black-Scholes calculator, and some reasonable volatility selections, it's possible to make your own fairly accurate option chart. I don't think it's very enlightening, though. The interesting things are: the stock price movement (as always), and the nature of option pricing behavior in general (understanding how the formula represents crowd behavior)."}
{"_id": "511875", "title": "", "text": "I wouldn't be turned off due to the difficult of parsing English, for a few reasons. Firstly, you don't have to perfectly parse to find meaning.  You can look for keywords and write some algorithms to approximate, and of course if you get enough of a statistical advantage (and can repeat it) you can make money. Second, it probably isn't long before third-party software is made available either to do something like this or to provide a framework for it.  In fact, it probably already is available somewhere.  (Note the influx of Silicon Valley types to New York as more machine intelligence is applied to trading and journalism.) Thirdly, as hinted by the mention above of journalism, there's already software using numerical data to write pretty human articles.  Some are pretty robotic and you can catch them (I noticed one and searched for a key phrase to discover several very much like it, each having a different fake author name).  This will mean not only a continued improvement of parsing but also more push for more data to be released in machine-readable formats, such that press releases will be increasingly parsible. Finally, to vindicate your idea, the keyword approach has been done with some success.  Try this link and note the additional links on the same topic. If you have the time and processing resources, you might like to try your idea by training a neural network to find correlations of keywords (and phrases -- that's important, too) with trends in the market."}
{"_id": "511876", "title": "", "text": "Another problem is maintaining the possibility for current financial analysts - who know their formula and VBA well- to tinker with the business logic. Replacing the underlying system - even partially - means potentially disrupting ownership and requires careful negotiation and change management. Quite challenging in my experience."}
{"_id": "511879", "title": "", "text": "2.5 years is a short period in the stock market. That means there is a significant chance it will be lower in 2.5 years, whereas it is very likely to be higher over a longer time period like 5-10 years. So if you want the funds to grow for sure then consider an online savings account, where you might earn 1-2%.  If you want to do stocks anyway, but don't have any idea what fund to buy, the safest default choice is to buy an index fund that tracks the S&P 500. Vanguard's VFINX is one example."}
{"_id": "511942", "title": "", "text": "Want to know why your cable bill is so high? Blame the four letter sports network. About $20 of your non tax/fee cable charges go straight to those assholes and then by way to the three letter professional sports outfits and by way of them your local bling wearing pro athlete who promptly blow it.  Ditch the coaxial."}
{"_id": "511945", "title": "", "text": "You asked some direct questions, here are some direct answers: 10% of your salary is a popular rule of thumb. An IRA account is something to consider, you can open one with any of the major discount brokers and select an S&P 500 index fund for your investment. You can let it sit. That's the beauty of an index fund, it simply matches the market and you don't have to worry about trying to beat the market because you ARE the market! The average annual return for the S&P 500 Index has been around 10% (since inception). That's no guarantee, and some years are more or less and up or down. Over the long run, it goes up."}
{"_id": "511950", "title": "", "text": "I dunno what the replacement rate is for cars, but there were 230M cars registered in the US in 2015. There were 17.5M cars sold in 2015. If you assume that full production capacity for cars is about 20M then (assuming 100% of production is switched to EV) it will take 11.5 years at full tilt to just replace the ones on the road.   But of course there will be a ramp and a tail meaning cars will be sold in 2024 that are not electric only and they will be on the road for 15 years.   Also the market will grow to say 25M but instead of adding 5M capacity, we would really have to add 25M capacity b.c EV is currently 0.   Thats all assuming there isnt a recession/depression and ignores trucks and ships and all the other uses for oil.   I thought this article was posted to /r/badeconomics"}
{"_id": "511953", "title": "", "text": "It is a simple case of breaking the wrong law. You can commit normal fraud all day long and the SEC won't life a finger. But even get within a hundred miles of a insider trading deal and they'll hit you like a ton of bricks.   It is easy an easy case to prove, there is no question as to it being illegal (even the janitor is expected to take a class on it), and the SEC was specifically set up to stop it after the Great Depression.  Really, it boggles my mind that anyone of that rank would think he can get away with it."}
{"_id": "511960", "title": "", "text": "Looks like you need marketing. How many others (competitors) are in the area? Hospitals? Determine your total market by figuring your revenue and that of your competitors. This is your potential.  Now, how to get business from your competition. Yes, website is the cheapest most effective first step.   But WHO is your TARGET market or your customers? Where do they get their information? Are they watching local TV or listening to local radio and you need to take out some ad space?  Are they even on social media? Decide what promotion would be effective for your target (coupons?)  Check out a used marketing textbook or continue to research on Google to get a feel for what I am talking about."}
{"_id": "511971", "title": "", "text": "In the United States a Jumbo Loan is one in which the loan amounts exceeds a set value. For much of the US it is currently $417,000 but it is higher in some areas. It is set by the US government and is adjusted each year.  If you are trying to avoid the Jumbo designation then putting more down makes that possible. Generally the Jumbo loans have a higher rate. My credit union does allow jumbo loans with less than 20% down, but I am not sure if they are in the majority or the minority regarding down payment requirements. Keep in Mind that once the house price goes above Jumbo/0.8 or $521,250 you will be putting down more than 20% to avoid the Jumbo designation."}
{"_id": "511974", "title": "", "text": "A setup of a business reinforcement generator is proposed so that once the electrical supply is out, your generator will immediately react by furnishing you with consistent power as if no power exacerbation happened. It is enacted promptly once a power interruption runs with making use of a trade switch that is set up. With the assistance of the generator, you can rapidly give the devices that you have at home all through a power blackout."}
{"_id": "511977", "title": "", "text": "\"Inflation is a bad thing.  It makes it much more difficult for people to compare prices and prosperity over a long period of time.  This causes people to ignore the wisdom of their elders (who remember prices from a long time ago). Back in my day, you could get a burger and fries for 15 cents -- a dime for the burger, and a nickel for the fries.   But the minimum wage was only a quarter an hour!  That doesn't help me decide if things have gotten better or worse. How long is \"\"a long period of time\"\"?  That depends on the inflation rate. At 1 percent per year, 50 or 100 years is \"\"a long time\"\". At 10 percent per year, 5 or 10 years. At 100 percent per year, a few months. Because of the Spanish conquests of gold and silver mines in Mexico and Peru, prices in the sixteenth century rose by a factor of 5.5 during the century.  This inflation was recognized as causing lots of social and governmental problems.  Note that this means an average inflation rate of 2 percent per year for a century is known to be a very bad thing. There are several reasons that most governments want some inflation:\""}
{"_id": "511984", "title": "", "text": "IRR is the acronym for internal rate of return. And it appears that you do understand how it works.  It's not the phrase most investors use for their own returns. I'd typically talk about my own return last year, or over the last decade, etc, as well as what the S&P did during that time, and might even use the term CAGR, compound annual growth rate, although I wouldn't pronounce it 'kegger' or anything like that. Aside from discussing company investments in some MBA class, the only time I'd use IRR is in an excel spreadsheet to calculate the return over time of a series of my own investments.  The nothing magic about this, it's a function of an initial dollar investment, time passing, and the final value. All else is addition complexity based on multiple deposits/withdrawals, etc. If I deposit $100 and get back $200 in a year, it's a 100% IRR.  Disclosure - I am no fan of Investopedia or re-explaining its wording on these topics. I've caught multiple errors in their articles, and unlike the times I've emailed my friends at the IRS who quickly fix typos and mistakes I've caught, Investopedia authors are no better than bloggers (which I am) who take offense at any criticism (which I do not)."}
{"_id": "512008", "title": "", "text": "Bitcoin is already changing finance, are you agree? Many people are afraid that Bitcoin adoption has begun to stagnate. In many ways, this is true. What these people often don\u2019t take into account, though, is just how much Bitcoin has already grown from its humble beginnings as an obscure, fringe subculture just 5 years ago to a near household name today. https://icoshedule.com/despite-naysayers-bitcoin-is-already-changing-finance/"}
{"_id": "512030", "title": "", "text": "Oman Expo is going to organize a Car Exhibition which is going to be held on 2-5 Dec 2014 at Oman International Exhibition Centre. It will bring an opportunity for the business entrepreneurs to launch their new vehicle brands and establish new contacts."}
{"_id": "512044", "title": "", "text": "&gt;That's one reason why they let you get access to your credit score, to check it the data is correct and make the 'product' (data about you) better.  If that were true, checking your credit report regularly would be straight forward and free. However, the credit agencies have turned insuring your credit report is actuate into a revenue stream. You can see raw data that goes into your score once a year, because the agencies are required by law to provide that you. In past the agencies have been criticized for trying to trick people into buying their services when they request their annual free report (see [freecreditreport.com vs annualcreditreport.com](http://www.getrichslowly.org/blog/2009/02/24/want-to-see-your-credit-report-for-free-freecreditreportcom-vs-annualcreditreportcom/)). If you want to check the accuracy of credit report more than once a year, you have to pay. If you want to know your score, you have to pay, although many credit cards offer this as a perk."}
{"_id": "512045", "title": "", "text": "There's no obligation whatsoever to put that on the front of the package, nor should there be. The full ingredients are listed on the back for anyone to see.  Do you have any evidence whatsoever that it is intentionally misleading, or is that just based on feels?"}
{"_id": "512051", "title": "", "text": "I do agree with you for the most part, but I think you would be shocked how many people will opt for an online place because they are ordering from work and can't call or simply don't like interacting with people on the phone. How many times have you seen people argue for who is calling in for takeout? I personally don't mind it but I am sure it makes a difference."}
{"_id": "512057", "title": "", "text": "&gt; The solution now? That is difficult. I would say that the solution now would be to raise revenues through corporate taxes and similarly increase government spending on investments aimed at stimulating the economy. Use this time to invest in the much needed infrastructure maintenance and upgrades that the USA needs. These need to be fast-tracked into action and I would therefore consider fixing infrastructure as more important than installing new infrastructure.   Thats fine and dandy, but it would never ever pass congress.  Im canadian myself, but i know Australia as a strong economy, and at least you dont count on USA for 70+% of your exports like us &gt;&lt;"}
{"_id": "512062", "title": "", "text": "If the first one is literally a company name, then 'company name' is fine. However, companies can issue shares more than once, and those shares might be traded separately, so you could have 'Google ordinary', 'Google preference', 'Google ordinary issue B'. Seeing the name spelled out in full like this isn't as common as just the company name, but I'd normally see it referred to as 'display name'. The second one is 'symbol', 'ticker', 'ID', and others. Globally, there are many incompatible ways of referring to a stock, depending on where it's listed (companies can have dual listings, and different exchanges have different conventions), and who's referring to it (Bloomberg and Reuters have different sets of IDs, with no predictable mapping between them). So there's no one shorthand name, and the word you use depends on the context. However, 'symbol' or 'ticker' is normally fine."}
{"_id": "512096", "title": "", "text": "\"(Congratulations on the little one on the way.) I'd recommend saving outside of tax-advantaged accounts.  Pay your taxes and be done with them. I'd recommend putting your old-age fund first before shelling out a lot of money for college. I'd recommend not shelling out a lot of money for college.  Ideally, none.  There are ways today to get a four-year degree for $15,000.  Not $15,000 per year.  $15,000 total.  Check here.  (This isn't an affiliate link.)  They can pay for this themselves! I'd recommend making sure you hold the hammer.  Don't let them party on your nickel. I'd recommend teaching your kids to \"\"fish\"\" as soon as possible.  Help them start a business.  They could be millionaires by the time they're teenagers.  Then they can make their own money.  You won't have to give them a dime.\""}
{"_id": "512100", "title": "", "text": "The one financial reform we should have passed is to stop the conflict of interest rating agencies have:   They get paid by the very companies they are supposed to rate!  All it takes is a company to slip a little more in to get that higher rating. I've heard this is also how the BBB operates too."}
{"_id": "512102", "title": "", "text": "I find it odd that Google would buy them. They already bought Motorola and had plans to use them to make Google-branded phones, but when that wasn't profitable or practical, they sold off Motorola's hardware division and left the phone hardware industry to others.  ...but now they want to re-enter it the phone hardware business and try the exact same tactic a second time? Seems odd."}
{"_id": "512104", "title": "", "text": "It's an early adoption situation, Tesla's approach is pretty brilliant. Serve the high-end niche markets with a design and performance at the high-end and work your way down in affordability over the long term. Many products have followed this overarching strategy. BTW that includes the early combustion cars which were playthings for the wealthy, and pretty unreliable at the time compared to horse and buggy.  As an aside, all those batteries are recyclable into new batteries. Solar panel costs are dropping rapidly and if we can get to the point that investment in industry R&amp;D is self sustainable we will continue get price drops similar to Moore's law in computer speeds."}
{"_id": "512106", "title": "", "text": "If they don't deserve it then invent a widget that complies with state law or push to be rid of the law requiring that we employ someone for a unnecessary task. The workers still deserve a fair wage, and we should not rely solely on slow moving market forces that will supposedly fix the issue."}
{"_id": "512108", "title": "", "text": "Silly as it sounds, we belong to both BJ's and Sam's club (we don't have Costco in this area).  The produce at our local Sam's is top-notch, especially in the winter. The prices on fruit there are unbeatable in the winter time, and more than cover the membership cost. I also find the price/quality of canned/box grocery items like tomatoes, flour, etc is better than our supermarkets. Our local BJ's has an excellent meat department, and we tend to buy alot of non-perishable groceries like ketchup, cheese, etc  as well as soap/cleaning stuff because they accept coupons. They are closer to my home and also have a member-only gas pump that is $0.10-0.30 cheaper."}
{"_id": "512138", "title": "", "text": "citation obtained from this piece: [The Mindless Harm of Economic Sanctions](https://consortiumnews.com/2017/08/27/the-mindless-harm-of-economic-sanctions/)  Russia update: [Russian GDP could grow 2%-3% in 2017 - Volodin](http://www.interfax.com/newsinf.asp?id=773931)  [Visa, Boeing, Ford and other US-based giants stand against the introduction of further sanctions against Russia, CNN reported with reference to a source in US Congress.](https://np.reddit.com/r/russia/comments/6wfptm/visa_boeing_ford_and_other_usbased_giants_stand/)  [China says sanctions won't help as Trump targets Venezuela](http://www.euronews.com/2017/08/28/china-says-sanctions-wont-help-as-trump-targets-venezuela)  [The European Commission has again raised concerns over proposed US sanctions on Russia, as the bill is passed by the US House of Representatives. It is feared the ploy will damage EU energy independence.](http://www.euronews.com/2017/07/26/european-commission-concerned-as-russia-sanctions-bill-passes-in-us-congress)  [Germany's economics minister implores the US president to step up and discuss a joint approach to Russia in an exclusive commentary for Handelsblatt Global's sister publication.](https://global.handelsblatt.com/opinion/lets-talk-about-sanctions-808740)"}
{"_id": "512151", "title": "", "text": "Just from my own experience (I am not an accountant): In addition to counting as 'business income' (1040 line 12 [1]) your $3000 (or whatever) will be subject to ~15% self-employment tax, on Schedule SE.  This carries to your 1040 line ~57, which is after all your 'adjustments to income', exemptions, and deductions - so, those don't reduce it.  Half of the 15% is deductible on line ~27, if you have enough taxable income for it to matter; but, in any case, you will owe at least 1/2 of the 15%, on top of your regular income tax. Your husband could deduct this payment as a business expense on Schedule C; but, if (AIUI) he will have a loss already, he'll get no benefit from this in the current year.   If you do count this as income to you, it will be FICA income; so, it will be credited to your Social Security account. Things outside my experience that might bear looking into:  I suspect the IRS has criteria to determine whether spousal payments are legit, or just gaming the tax system.  Even if your husband can't 'use' the loss this year, he may be able to apply it in the future, when/if he has net business income. [1] NB: Any tax form line numbers are as of the last I looked - they may be off by one or two."}
{"_id": "512153", "title": "", "text": "Four possible reasons for the difference:"}
{"_id": "512157", "title": "", "text": "##Great grain robbery The great grain robbery was the July 1972 purchase of 10 million tons of United States grain (mainly wheat and corn) by the Soviet Union at subsidized prices, which resulted in higher grain prices in the United States. Grain prices soon reached 125-year highs in Chicago. In a 10-month span, soybeans went from $3.31 to $12.90 a bushel. Food prices around the world rose 50% in 1973.  ***  ##Strategic grain reserve A strategic grain reserve is a government stockpile of grain for the purpose of meeting future domestic or international needs. In the United States, such programs have included the Farmer-Owned Grain Reserve (1977\u20131996), Food Security Wheat Reserve (1980\u20131996), Food Security Commodity Reserve (1996\u20131998), and most recently the Bill Emerson Humanitarian Trust (1998\u2013).  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"_id": "512238", "title": "", "text": "Can you make use of an HSA (health savings account) or a medical FSA (flexible spending account)? Depending on your medical coverage, one of these may be available to you.  Buying a house usually does the trick, between property tax and interest, it's not tough to have quite a bit in deductions. Of course, you need to want a house in the first place."}
{"_id": "512246", "title": "", "text": "Well, then, nice to meet you.  I was offered a such a job.  The hirer didn't even know what I get paid but was willing to offer that much more.  I didn't take it and instead got a friend with similar skills hired.  The job lasted 6 months and then the money ran out.  Still very happy working a fun job with a great boss and friendly co-workers for the past 17 years."}
{"_id": "512253", "title": "", "text": "Capital gains taxes for a year are calculated on sales of assets that take place during that year.  So if you sell some stock in 2016, you will report those gains/losses on your 2016 tax return."}
{"_id": "512264", "title": "", "text": "I didn't know what I was doing. The cryptocurrency NEO was being hyped up on a message board so I just impuslively threw 1k into it. I got luck. Now I have 15k in OMG coin. Apparently we are going to see 10x gains. At the end of the day investing isn't relaible enough to replace a solid income so unless I make 7 figures, so I'm not going to be leaving my parent's basement anytime soon.  But I guess you're right about 24 year olds not buying houses these days. I just felt really insecure because this girl made 10 times as much as me. I'm a cockroach compared to her."}
{"_id": "512265", "title": "", "text": "&gt; ever eat paper?  Yeah, of course, plenty of times. Not (usually) intentionally, but sometimes a wrapper will get stuck, etc. Also, it's a good way to get rid of something if you don't have a lighter.  More so when I was a kid and messing around with 'secret notes' and the like but.. ..yeah, I've eaten paper.    Granted, I've probably eaten gold as well, and there are some benefits or health values of gold.. .. within the pseudoscientific / alt-health crowd.. ..not sure I buy into those but. ..it has some value.   But, nothing like paper. Obviously there are different materials used for making paper.. ... lots of barks have a value from a health perspective, a relative nutritional value. Growing the tree, depending on the type, can provide fruit, building materials, etc.. ..with the pulp providing a paper value. So, multiple benefits can come from paper.. ...and, that's just the post-harvest aspect.. well, the case of fruit I guess not.  but, there's the environmental benefits of trees and such as well; habitats for wild life, wind breaks, carbon sequestration. soil health, etc.  Multiple benefits, and that's just from tree-based paper.  If you expand it out to something like, say, hemp paper? well, there's the oil.. ... which can be used for fuel production, various other uses, and, most especially, the health benefits and consumption from it.. ...while the remaining fibers can be used for construction... be it compressed bricks, hempcrete (which has excellent values in strength, durability, insulation, weight-to-strength *ratio*, etc.  And, again, the health benefits of hemp oil... ...argued to be the single 'thing' you can consume solely (+ water) and get 100% of the nutrients you need.. ...in mixed ratios and obviously it isn't as great as other things in concentrations, but.. ..it's extremely nutritious.    Also, the plant is really good for the soil, again, habitats, sequesters carbon, helps to pull toxins and such *out* of the soil for bioremediation. Is quick to grow, grows densely, is durable, has minimal inputs needed, hardy, ... all around a great crop.  and, again, the health benefits of its oil are *combined* with its paper making capabilities. .... and, good strong paper too. has a great weight, feel, durable, can/will last a really long time if properly handled.. ..and has much wider variance *in* 'proper handling' than tree-based paper.  Solid product. You should look into it, ... here, I'll give you some links to help you out.  * [9 Health Benefits of Hemp Oil That You Should Know](http://www.zliving.com/wellness/natural-remedies/9-health-benefits-of-hemp-oil-that-you-should-know)  * [10 Incredible Benefits of Hemp Oil](http://herb.co/2016/10/17/incredible-benefits-hemp-oil/)  * [12 Ways Using Hemp Seed Oil Will Improve Your Health &amp; Your Life](http://www.naturallivingideas.com/hemp-seed-oil/)  A bit sensationalistic in the headlines... and, well, as to be expected I suppose, but regardless, pretty great stuff!   ..and, again, that's just the oil. The post-oil-extraction pulp can still go on to be used for the more-applicable-to-conversation paper.  But, since USD's seem to be the main focus... ...though other countries are progressively (or more-progressively I suppose) utilizing even *more* durable plastic in their notes.. ..but, for USD, still paper.. and, as such, the more durable cotton paper.  Now, comparing cotton to hemp is really... .. [hemp wins nearly every time](https://www.davidwolfe.com/hemp-vs-cotton/)  but... cotton is cotton and, recent headline and social controversy of cotton flower decorations aside.. cotton is cotton. Most everything that I'm wearing right now is made of cotton. It's a nice fabric. Durable, flexible, soft, etc. Good stuff. Not the easiest to work with but, clearly not something the world is in short supply of.  but, that doesn't really address your point though exactly.. Like hemp, you can get cotton oil (or cotton seed oil to be more specific) from the plant while also getting the fibers that you'd need for paper production.   It's a bit of a 'mixed back' and definitely *not* as straight forward as hemp's purported health benefits (and I didn't even *get* into the CBD oil stuff that hemp can provide)... .  * [15 Benefits of Cottonseed Oil](http://www.searchhomeremedy.com/15-best-benefits-of-cotton-seed-oil/)  * [7 Amazing Benefits &amp; Uses of Cottonseed Oil](https://www.organicfacts.net/health-benefits/oils/cottonseed-oil.html)  * [10 Best Benefits of Cotton Seed Oil](http://www.stylecraze.com/articles/best-benefits-of-cotton-seed-oil/#gref)  but, from there, things start to turn a little south, and weren't necessarily all that 'great' to begin with....  * [Is Cottonseed Oil Okay?](https://www.drweil.com/diet-nutrition/nutrition/is-cottonseed-oil-okay/)  * [3 Best and Worst Oils For Your Health](https://www.bonappetit.com/trends/article/3-best-and-worst-oils-for-your-health)   So, I suppose my point is... if I even really have a singular one... is that paper, regardless of source, has at least *some* sort of nutritional value.. or could anyway.  As well, the crops used to produce the paper have the capability of ranging from some medicinal qualities all the way up to a seemingly really beneficial quantity of nutrients and compounds. At worst, the crops provide a habitat for various organisms.   The problem with gold and paper currency is that, in the end, they're both inherently valued by the civilization that deems them valuable.   I mean, take the quantity of gold in reserves around the world. Cross that with the industrial uses of gold (of which there are many) and, in turn, cross that with the artistic value of it.  It's price isn't based on its use... it's based on similar principals *as* fiat (paper... and, increasingly, plastic) currency: society's perception that it has value.  Gold has many properties that are excellent for many applications... superior to most (all?) in certain cases. ...but, that's not why it's valued at its current price.   ..again, it's valued at its current price because of perceived value.  Even from an artistic perspective, the amount of gold used in the Palace of Versailles... for the paint and such, was 'minuscule' given how much of the palace is covered in gold. It was something like just a few ounces because the layering is so thin. Point: if 'the look of gold' was all that people were going for they could easily just use another metal coated in a very thin layer of gold and.. externally, the appearance would be the same effect and the weight could theoretically be even lighter (or heavier). But, people want *more* than 'just the look'. They feel that the gold itself has a value beyond just the 'look'.. ..and, for all intents &amp; purposes, it *does*.   but *only* because they and other people choose to perceive it as having such.  I've traded gold (profitably) for over 20 years. I understand the arguments very well.. ..but, vs food? In the end, the gold is a means not an end."}
{"_id": "512267", "title": "", "text": "It is best to take advise from / appoint a professional CA. Will I have to pay GST? No GST is applicable. Exports outside of India do not have GST. Do I have to collect TDS when I send money to the PUBLISHERS ? No But another guy said, I have to pay 18% tax when receiving and sending payments, apart from that I have to collect 30.9% TDS when sending payment to the PUBLISHERS(outside India). There is only income tax applicable on profits. So whatever you get from Advertisers less of payments to publishers less of your expenses is your profit. Since you are doing this as individual, you will have to declare this as income from other sources and pay income tax as appropriate. Note there are restrictions on sending payments outside of India plus there are exchange rate fluctuations. It is best you open an Foreign Currency Resident [or Domestic] Account. This will enable you payout someone without much issues. Else you will have to follow FEMA and LRS schemes of RBI."}
{"_id": "512273", "title": "", "text": "I will attempt to answer three separate questions here: The standard answer is that an emergency fund should not be in an investment that can lose value.  The safest course of action is to put it in a savings account or other very low risk investment somewhere. This question becomes: can a reasonable and low risk investment in Sweden be comparable to or better than a low risk investment in Brazil? Inflation in Brazil has averaged a little less than 6% over the last 10 years with a recent spike up above 8%.  A cursory search indicates interest rates on savings accounts in Brazil are outpacing inflation so you might still expect a positive return on money in a savings account there. By contrast, Sweden's inflation rate has been around 1% over the last 10 years and has hovered around 0 or even deflation in recent years.  Swedish interest rates for savings accounts right now are very low, nearly 0%.  Putting money in a savings account in Sweden would likely hold its value or lose a slight amount of value. Based on this, you might be better off leaving your emergency fund invested in BRL in Brazil. The answer to this a little unclear.  The Brazilian stock market has been all over the place in the last 10 years, with a slight downard trend in recent years.  In comparison, Sweden's stock market has shown fairly consistent growth in spite of the big dip in 2008.  Given this, it seems like the fairest comparison would your current 13% ROI investment in Brazil vs. a fund or ETF that tracks the Swedish stock market index. If we assume a consistent 13% ROI on your investment in Brazil and a consistent inflation rate of 6%, your adjusted ROI there would be around 7% per year. The XACT OMS30 ETF that tracks the Swedish OMS 30 Index has a 10 year annualized return of 9.81%.  If you subtract 0.8% inflation, you get an adjusted ROI 9%. Based on this, Sweden may be a safer place for longer term, moderate risk investments right now."}
{"_id": "512282", "title": "", "text": "You can't just emigrate from a country like Pakistan to the USA, Canada or Australia; they will refuse you entry to their country. E.g. for the USA, even if you're are skilled enough that an American company will hire you (which is obviously the first step \u2013 so called 'economic refugees' are sent back immediately), you're a long way from obtaining a green card. Right now, Pakistan isn't even allowed to participate in the Green Card Lottery. What you also need to consider is that the cost of living in those countries is a lot higher. There are websites, like this one which allows you to compare them between cities all over the world. So while you would earn a lot more money, you also need to spend a lot more."}
{"_id": "512290", "title": "", "text": "In 2 days I am at 40 votes. I just have 210 more to go. The biggest reason people do not vote is because they loath sharing their contact information with the Mission: Small Business application. This privacy issue is considerable and understandable. The good news is you can disable the app after voting however LivingSocial and Chase bank are still going to have captured legally your email.  Facebook, promises not to share your password. One can only hope that is the case."}
{"_id": "512304", "title": "", "text": "My friend runs a vocation school for high school students.  They have a number of programs where they teach specific machines and techniques to students and companies provide teaching, sponsorship, and hire students.  It is a win-win for the school, they get some machinery, a good relationship with a large company, and they get kids hired every year at a very good starting salary.  It isn't so specific that the kids are useless anywhere else, the companies just provide curriculum input on what is important."}
{"_id": "512310", "title": "", "text": "Think of options as insurance. An insurance company makes money by selling the policies at a rate slightly higher than the average payout.  Most options expire worthless. This is because most options are purchased by hedge funds. To 'hedge' means taking out insurance in case your position goes against you. So the sellers of options obtain a price that covers their (averaged) losses plus provides them with a profit for their trouble.  An option has an amount that it declines in value each day (called theta). At the expiration date the option is worth zero (if it is out-of-the-money). So it is option writers that, typically, make money in the options market (as they are the sellers of insurance). If they didn't make money selling options they would not sell them.  For example, the February call option on SPY strike 200 traded at 8.81 on 12/30. Since then it has crumbled in value to 0.14. The option writer currently stands to make a huge profit.  So, just as with insurance, you (generally) never make money by buying insurance. But the sellers of insurance tend to make money as do the writers of options.  Edit: Theta @ Investopedia"}
{"_id": "512355", "title": "", "text": "Your question is missing information. The most probable reason is that the company made a split or a dividend paid in stock and that you might be confusing your historical price (which is relevant for tax purposes) with your actual market price. It is VERY important to understand this concepts before trading stocks."}
{"_id": "512365", "title": "", "text": "Here is an article that explains this: http://finance.ninemsn.com.au/pfproperty/investing/8123730/negative-gearing-explained. In essence, it is an investment set up to produce near-term losses for tax purposes by means of borrowing without positive cash flow. The investor hopes that despite operating at a loss, the property will appreciate in the long run (and long-term capital appreciation is typically taxed at a lower rate than current income)."}
{"_id": "512366", "title": "", "text": "Find a mechanic in the area that will, for a fee, do a pre-approval inspection.  Then when you call the seller to inquire you can ask them to let you take the vehicle there as part of your test drive. I'm not sure how many RV mechanics there are that don't work for a dealership, and those that do may be less inclined to assist you in purchasing from a private party.  You could also have a friend or family member who is a mechanic or good with vehicles come along.  Also, the seller may not want to bother with the extra hassle, and if it really is a good deal, they likely won't need to.   Of course, the other option is to just test drive it and trust your gut.  This doesn't sound like a huge risk at 2K.  Even if it breaks down right away and can't be repaired for a reasonable price, you could scrap the vehicle and hopefully make up a significant portion of the purchase price."}
{"_id": "512374", "title": "", "text": "Lol. Anyone that thinks he has earned it is just a clown. Please tell me where 2 years of work experience leads you to be the CFO of a global company. This kid probably has influential parents. How did he become a partner at 3G. How many fucking years of work experience has he had."}
{"_id": "512381", "title": "", "text": "\"&gt; can I use venture like that in a financial context, or does it refer specifically to venture capital?  Yes, any business is a \"\"venture\"\" so to speak.   &gt; so they would receive a smaller return, yes?  POSSIBLY yes.  Mezzanine investors are, well, \"\"middle\"\" investors. They're beyond seed and venture capital, but before more \"\"late-stage\"\" private investment. That doesn't *necessarily* mean they're \"\"after a seed or venture capital investment.\"\" It can mean that, or it can simply mean the business is a little more advanced than a pure idea, or pre-revenue, etc.  Let's say a company is pre-destined to get to $100m in value IF it can secure funding. Naturally, later investors will have a smaller return. Of course, private investments are generally for smaller, younger companies, and thus are more risky, so an investor can still *lose* value in a private equity investment.  &gt; Is mezzanine investing particularly profitable?  Yes, absolutely. You have to understand, with investments in private equity, firms and individuals are often looking for a *multiple* of their investment (i.e. if an investor invests $1m, they expect $2m, $3m, etc. back). This is not necessarily for all levels of private equity, but many levels will attempt this. Generally the idea (as far as I'm aware) is a 20% IRR (which means that generally, the investment grows by 20% *compounding* yearly).   &gt; Secondly, why is dilution so important further down the road? Is it to do with valuation?  Absolutely. Let's think of our example earlier, where you, me, and Joe each own 33% at $300 total value.  If suddenly another company wants to buy ALL of our equity for $600, then we're all pretty happy. Each of us will get $200. HOWEVER, let's say Joe hadn't come along. If that other company *then* made an offer for $600, we'd both get *$300* for the company.   There's some other things about dilution too, such as the possible loss of control, but we'll save that for later.  &gt; Finally, at what point would a company aim to meet an IPO? Is it case specific, or is there a general understanding of the \"\"best time\"\"?  It's VERY case specific. In *most* cases, depending on the industry, the company will be relatively a bit older, have both revenue and profitability, and a history of operations. In some cases, companies like this will choose to *never* go IPO (such as the Big 4 auditing firms, for one, among others).   There are, of course, exceptions. Many smaller pharmacueticals are *pre-revenue* and are traded on the market. Tesla is getting revenue, but *not profitable* and it's on the markets as well. These are, naturally, riskier investments, but at least you've got liquidity to help a bit with that.   When a private equity (PE) firm is looking to exit (sell their stake) through an IPO, they will try to engineer the company to be as attractive as possible to public investors. In fact, many PE firms will stipulate specific terms, and possibly get control of the company from the owner, when they initially invest. But there's a lot that goes into it. Perhaps /u/wreckingcru or /u/Seraphinic can go into a bit more detail on PE exits as while it's my chief interest and my career goal, it's not quite where I'm at *yet.*\""}
{"_id": "512399", "title": "", "text": "I'm assuming you don't see the fundamental problem with your position. Tech is dominated by white men. To argue that the cause is that women, blacks, hispanics, and others are biologically inferior is part of the conditions that contributes to that imbalance. This is about  racism, misogyny, and how they can be used to justify harm to significant proportions of the earth's population. That's not ok."}
{"_id": "512416", "title": "", "text": "Bitcoin could work fairly well. Each site can just give you a wallet to dump money into. Can also do micro-payments where you could pay per-article. With a shared private key on a wallet you keep topped up, they could remove the money as you browse. I can imagine businesses that sell you hard-drive space based on the amount you use rather than a cap, calculate the cost of transmitting each packet of data. You can have one program to manage all the wallets for all your sites. But it would need more penetration before that happens."}
{"_id": "512429", "title": "", "text": "\"So some background here - when corporations, large ones have to deal with tax, they generally try to avoid as much tax as possible. Since there are places that are \"\"tax havens\"\" where there is less to even no tax on profit, a lot of money gets routed there to avoid taxes in other places (US or other unfavorable countries). The problem with this from an IRS/government view is that they keep losing millions/billions of dollars in money because of this. I think the corporate federal tax rate is around 35% and that is without state taxes.       Unfortunately when you have less and less money at home - less investment at home happens. Corporations stop doing business at home because they have more money somewhere else - and it makes sense to move more of the company to where the money is or to more favorable tax locations. Even worse - the corporation might just \"\"save\"\" its money somewhere else and kill all reinvestment - thus the money is effectively dead to the rest of the economy.      There is a lot of talk about a 'one-time' repatriation tax to allow companies that have dodged their tax burdens to have their money come back to the US (and thus can be used locally) at 10% instead of 35% since there is theroretically a vast amount of cash that would be injected into the US economy. The government is hoping this stimulation will help GDP grow, taxes grow, and help the economy as a whole. In reality, it will reward corporations that broke the law (even though everyone does it), and probably just go into savings accounts here in the US - and not be the \"\"silver bullet\"\" to the economy on verge of collapse again.\""}
{"_id": "512433", "title": "", "text": "\"What Apple and Microsoft understands, but Sony doesn't, is that hardware is bullshit. Sony is, perhaps irrevocably, stuck in thinking they're a consumer electronics company, not giving a shit about their real job as a content discovery service. Microsoft knocked it out of the park with the XBox experience, while Sony somehow manages to make each iteration *worse.*  It's depressing to see so much potential go to waste -- Sony could have an *amazing* experience-driven platform, were they not so tear-inducingly inept at understanding how their market works. They have enough movies, games and music to completely crush their competition, and yet they let it rot on the underdeveloped, user-hostile PS3 platform. Have you ever gone \"\"just browsing\"\" on the Playstation Store, or, even worse, tried to quickly find that game you *know* is on there? You'll tear your hair out.  At some point, such horrible mismanagement of intellectual property has to be punished.\""}
{"_id": "512452", "title": "", "text": "\"One small advantage to paying ahead is having an outstanding installment plan may preclude unlocking the phone for use on other carriers, for example during international travel. If unlocking is important, researching the particulars would be in order. I am more familiar with T-Mobile, and will use as a specific example. If I pay upfront, I can purchase the phone from Apple totally unlocked, and T-Mobile has no say in whether I use it on another carrier or not. (This actually costs a little more, because the phone from Apple doesn't come with a SIM, and T-Mobile charges for the SIM. At least as of iPhone 5s.) Looking at \"\"Unlock your mobile wireless device, Unlock Requirements\"\" on T-Mobile's website, at least some payment plans do not allow unlock until the phone is paid off. Obviously phones purchased for full price from T-Mobile start out paid off.\""}
{"_id": "512458", "title": "", "text": "\"Can you easily stomach the risk of higher volatility that could come with smaller stocks? How certain are you that the funds wouldn't have any asset bloat that could cause them to become large-cap funds for holding to their winners? If having your 401(k) balance get chopped in half over a year doesn't give you any pause or hesitation, then you have greater risk tolerance than a lot of people but this is one of those things where living through it could be interesting. While I wouldn't be against the advice, I would consider caution on whether or not the next 40 years will be exactly like the averages of the past or not. In response to the comments: You didn't state the funds so I how I do know you meant index funds specifically? Look at \"\"Fidelity Low-Priced Stock\"\" for a fund that has bloated up in a sense. Could this happen with small-cap funds? Possibly but this is something to note. If you are just starting to invest now, it is easy to say, \"\"I'll stay the course,\"\" and then when things get choppy you may not be as strong as you thought. This is just a warning as I'm not sure you get my meaning here. Imagine that some women may think when having a child, \"\"I don't need any drugs,\"\" and then the pain comes and an epidural is demanded because of the different between the hypothetical and the real version. While you may think, \"\"I'll just turn the cheek if you punch me,\"\" if I actually just did it out of the blue, how sure are you of not swearing at me for doing it? Really stop and think about this for a moment rather than give an answer that may or may not what you'd really do when the fecal matter hits the oscillator. Couldn't you just look at what stocks did the best in the last 10 years and just buy those companies? Think carefully about what strategy are you using and why or else you could get tossed around as more than a few things were supposed to be the \"\"sure thing\"\" that turned out to be incorrect like the Dream Team of Long-term Capital Management, the banks that were too big to fail, the Japanese taking over in the late 1980s, etc. There are more than a few times where things started looking one way and ended up quite differently though I wonder if you are aware of this performance chasing that some will do.\""}
{"_id": "512473", "title": "", "text": "I take some offense to your statement that I'm 'clearly jealous of the rich.'  That honestly sounds like a really douchey statement someone out of touch with reality would make... someone who is either naive, or has had everything handed to them for most of his/her life. I was stating facts, not making some attack on my buddies achievements.  I live very comfortably.  I just have something called empathy, and I can understand that things aren't as simple as you lay it out for everyone.    Even the example you provide is idealistic.  That kid had everything fall into order for him, not to mention his situation was ideal.  I too had my own business when I was living at my parents and in middle school and high school.  I also had my own employees, 8 in fact.  In fact, I wrote my college application essay all about it.  But you know what? Not everyone has the time, people might have families, mortgages, debt to pay off, and that 'extra time' you speak of after work, that could be spent working a 2nd job, taking care of kids, or hell, relaxing.  I know in my present job if I didn't have the time to relax after work I would go insane.  You need to understand that your 'solution' isn't an adequate solution for everyone.  Even hard working people who pull way more demanding hours than yourself often times cannot afford to pursue the path you suggest.  It's also not as simple as having an idea.  Idea's are cheap.  Execution takes patience, finesse, and lets be honest, a lot of luck."}
{"_id": "512503", "title": "", "text": "\"The fact that some women have taken their companies for a ride does not negate the existence of [Title VII protections](http://en.wikipedia.org/wiki/Civil_Rights_Act_of_1964#Title_VII). Downvote me all you want, but this is *the law*. The practices being described in the article are illegal, as observed by the researchers themselves (who, it's worth noting, are a *law firm*), and expose the involved companies to lawsuits that would cause more financial blowback than making the \"\"riskier\"\" hires in the first place.\""}
{"_id": "512514", "title": "", "text": "Please. Say what you will about Trump, but let's not pretend the ACA was working, or that it was good for young people. It did *nothing* to rein in the healthcare and pharmaceutical corporate-cartels. Under the ACA, Americans still had the most expensive drug costs in the world.  Young people were also the group most screwed by the ACA. The entire plan rested on forcing young people to pay for the health care of boomers. One of the reasons the program was failing so badly is that young people turned out to not be stupid -- and they were opting out in numbers vastly higher than bean counters had predicted.   The ACA was literally written by health insurance companies and Big Pharma. Anyone who doubts this should pull up a chart of healthcare, insurance and pharmaceutical sector stocks for the time-period the ACA was signed. If the ACA had been anything other than a forced buy-in to an already ridiculously overpriced sector, those stocks would have cratered. Instead they soared. If you want to know who got screwed by the ACA, it was people under 35 -- whose healthcare spending *rose* per capita as a result of that atrocious tax.   And let's not forget that the annual price-tag for all of us was climbing by unsustainable rates every year. (Along with those fat healthcare stocks).  That turd was failing of its own accord. It was a terribly crafted bill. If you want to fix healthcare in the US you need to get rid of money in politics, and by cutting the absurd legal/financial protections granted to the insurance and pharmaceutical industries.  (Which by the way, Trump isn't doing either. We *still* don't have a candidate on either side of the aisle with the balls it takes to fix this extremely busted industry. And it starts with campaign finance reform)"}
{"_id": "512525", "title": "", "text": "The question Why would refinancing my mortgage increase my PMI, even though rates are lower? contains a decent discussion of PMI. It's based on the total amount you borrow, not just the difference to 80% LTV.  For easy math, Say you put 15% down on a $100K house. Your PMI is 1.1%, not on the 'missing' $5000, but on the $85000 balance. So you are paying $935/yr extra due to the $5000 you didn't have available. In addition to the mortgage itself. Even at 90% LTV, you'd pay $990/yr for the fact that you are short $10,000.  Other than this discussion of PMI calculations, Chad's answer is pretty thorough."}
{"_id": "512540", "title": "", "text": "And for your amusement and entertainment, the Orange Orangutan will be assaulting the teleprompter, soon, in an effort to impress upon you why making him and his friends and puppet masters richer is your patriotic duty and even though you are too fucking stupid to understand, its good for you, so just shut the fuck up and lube up, because this is going to hurt you a lot more than him.  Especially if you are on your knees"}
{"_id": "512544", "title": "", "text": "Yes.  I've spoken to mortgage officers from various banks who will do conventional loans with anything as low as 3.5% down, however there are many more restrictions (e.g., normally you can borrow funds from a parent or relative for a down payment, in this case that was prohibited). If you are already pre-approved, then your approval letter should state the specifics you need to adhere to.  If you would like to modify that (e.g. put a smaller amount down), then you could still get the loan, but your pre-approval won't be valid. I would recommend speaking with your lender (and perhaps with a few others as well) about the new home you are looking at."}
{"_id": "512553", "title": "", "text": "&gt;Nothing. Nothing at all is the problem, which is why i'm not sure why you aren't doing so right now. It's perfectly legal.   I've already explained this in other posts, but I'll say it again here:  Dollars have an unfair legal advantage to other potential-monies.  Understand?"}
{"_id": "512564", "title": "", "text": "Have an upvote. I don't really understand the issue of money competition. There really isn't anything stopping me from putting my wealth in any other currency, or any other store of value for that matter (gold, stocks, bonds, lollipops, prison cigarettes). The value of a domestic currency is affected by the relative value of these others."}
{"_id": "512567", "title": "", "text": "&gt; Other values out there? What?  Assets like businesses and private estates. They have values. I think this is what is called CCM (Credit Counterparts of Money)?  &gt; which do not properly consider - or even ignore - the concept of leverage.  If you by leverage refers to the FRB, I think central banks understands this mechanism? That is what they use the interest rate control, as well as regulations.  &gt; all that debt will either have to be paid back or defaulted upon  Does it really? M2 and M3 doesn't have to be payed back. It can grow for all future, as long as they match the assets."}
{"_id": "512573", "title": "", "text": "You might be thinking of the Overnight market/Overnight Rate. This lending happens constantly."}
{"_id": "512590", "title": "", "text": "\"Technically filing fee is probably a \"\"startup cost\"\", but yes - its a kind of an expense. The yearly recurring fee is an expense.\""}
{"_id": "512593", "title": "", "text": "The irony is Walmart would probably get more of my business if they hadn't copied Amazon and gone the market place route. Their online site is a disorganized mess without any of the customer service or guarantees you get from Amazon. Their one strength would be if I could go on their site check the inventory and go pick it up at the local store. Instead unless it's an absolute emergency I just order from Amazon and wait the 2 days for delivery when I buy the same type of products I used to purchase at  Walmart."}
{"_id": "512609", "title": "", "text": "I work for an investment group in Central Asia in private equity/project investment. We use SPV and collateralized convertible loans to enter a project, we issue the loan at our own commercial bank. For each industry, the exact mechanisms vary. In most outcomes, we end up in control of some very important part of the business, and even if we have minority shares on paper, no decision is made w/o our approval.  For example, we enter cosntruction projects via aquisiton of land and pledging the land as equity for an SPV, then renting it to the project operator.   Basically, when you enter a business, be in control of the decisions there, or have significant leverage on the operations. Have your own operating professionals to run it. Profit."}
{"_id": "512618", "title": "", "text": "\"&gt; why would it be so hard to say \"\"Monsanto #204054 Strain Corn\"\" instead of \"\"Yellow Corn\"\"?  Because it's incredibly hard to track individual strains like that.   &gt;The whole \"\"let's engineer herbicide-resistant crops\"\" model gives a license for carpet-bombing with herbicides, instead of judicious use.  Do you know the application rate for glyphosate? Or the relative toxicity and persistence of the older herbicides?  &gt; It would not surprise me if such crops end up reaching the market with higher average levels of herbicide residue.  You could look into it. Instead of making assumptions.   &gt; If the benefits weren't obvious for the consumer, it became easy for the conspiracy-theorists to take hold of the story.  The benefits aren't to the consumers. At least not directly. More efficient yields and transitioning to less toxic herbicides while reducing insecticide usage are benefits for farmers.\""}
{"_id": "512621", "title": "", "text": "Gift tax is not an issue here. If a U.S. Person were to receive the wire transfer for me, and then immediately transfer the money to me This is a classic money laundering/scamming technique. You and your friend may end up talking to the FBI, not the IRS."}
{"_id": "512633", "title": "", "text": "1) Always treat an internship as a regular job offer.  A) The company will expect you to work just like a new hire. and B) The more you act like a hired employee, the more they will want to offer the job.  2)But it was just the tip"}
{"_id": "512663", "title": "", "text": "would you earn $600 or $1600?  You would have $1600, and your earnings would be $600. That's the only answer it could be, since if you start with $1000 from your savings, then it's impossible for you to have also earned that money in the stock market. When you sell, do you keep your original capital, ($1000)? If you own a car which you bought for $1000, and then sell it for $1600, do you keep the original $1000?"}
{"_id": "512669", "title": "", "text": "\"Just looking at the practicality: Because the total value of outstanding mortgages in the US is about $10 trillion, and the government can't afford it without printing enough money to cause hyperinflation. The cost of saving the banks was actually much less than the \"\"hundreds of billions of dollars\"\" that is quoted, because most of it was loans that have been or will be repaid, not cash payments.\""}
{"_id": "512680", "title": "", "text": "VBA is valuable and I use it all the time but the reason I didn't mention it is because I question its long term value. There is a shift underway in my industry (energy trading) away from excel. Things have become so data intensive that models can no longer survive in excel alone, everything has to be built in R and housed on a SQL database. The older analysts only know excel and some of them VBA, it is killing them as fewer and fewer employers will even look at a resume that doesn't have R on it."}
{"_id": "512686", "title": "", "text": "\"The whole premise of the article is that there is not enough \"\"aggregate demand\"\" aka spending in the economy, a theory rooted in a Keynesian understanding of economics.  When will we finally realize that this is all completely wrong?  We've tried this for decades and it's only lead to unsustainable public debt.  Americans need to save right now, not spend.    [Keynes' War on Capital Formation](http://www.alhambrapartners.com/2011/11/02/keynes-war-on-capital-formation/)  &gt;No distinction is made between consumptive and productive spending in [the Keynesian] framework.  And this is the all-decisive point: Keynesians have cause and effect backward here, as in so many other places.  Spending, for them, induces demand, which evokes production (and, it is assumed implicitly, the creation of capital).  This is of course tragically and naively backward, for it is production that yields income that permits spending.\""}
{"_id": "512694", "title": "", "text": "This may only apply to Canada, but I would ask if the mortgages they lend are non-transferable. Meaning if you decide in year 2 of your 5 year term that you want to sell and move you pay a penalty, rather than be able to transfer the mortgage to a new house."}
{"_id": "512699", "title": "", "text": "The definitive answer is: It Depends. What are your goals? First and foremost, you need to have at least 3 months expenses in cash or equivalent. (i.e. an investment that you can withdraw from quickly, and without penalty).  The good news is that you don't have to come up with it instantly.  Set a time frame - one year - for creating this safety net, and pay towards that goal.  This is the single most important piece of financial advice you will receive. Now determine what you need to do.  For example, you may need a car.  Compare interest rates on your student loan and the car loan.  Put your cash towards whichever is higher. If you don't need a car or other big ticket item, then you may consider sticking your surplus into the student loans.  50k at $1650 a month will be paid down in about 3 years, which might be a bit long to live the monastic lifestyle. I'd look at paying down the smallest loan first (assuming relatively similar rates), and freeing up that payment for yourself.  So if you can pay off 1650 a month, and free up $100 of that in six months, then you can reward yourself with half that surplus, and apply the other half to the next loan.   (This is different than some would suggest because you're talking about entering severe spartan mode, which is not sustainable.)   Remember that life happens.  You'll meet someone.  You'll have an accident, your brother will get sick and you'll give him some money to help out.  You've got to be prepared for these events, and for these reasons, I don't recommend living that close to the edge.  Remember, you're not in default, and you do have the option of continuing to pay the minimum for a long time."}
{"_id": "512715", "title": "", "text": "\"Salut, c'est Vincent. Ce qui m'arrive est assez incroyable. Suffisamment pour que je t'en fasse une vid\u00e9o.  En fait je vais faire des vid\u00e9os toutes les semaines pour marquer l'\u00e9volution de ce que je croyais \u00eatre quelque chose de \"\"r\u00e9cr\u00e9atif\"\", et qui s'av\u00e8re \u00eatre un v\u00e9ritable Business avec un B majuscule ! Cette vid\u00e9o c'est pour t'informer... et tu voudras en savoir plus... c'est certain. Alors contacte-moi via vincentmusschoot@gmail.com ou par le num\u00e9ro de t\u00e9l\u00e9phone indiqu\u00e9 dans la vid\u00e9o... C'est une r\u00e9elle opportunit\u00e9, internationale, ouverte \u00e0 toutes nationalit\u00e9s, et pour tout le monde sans aucune exception... Bienvenue dans mon \u00e9quipe !\""}
{"_id": "512734", "title": "", "text": "\"Currencies don't really have intrinsic value. You can't compare bitcoins to tulips because you can't grow 200x more bitcoins next winter to push the price down to its intrinsic value.  Bitcoins are scarce and like gold, the intrinsic value doesn't matter anymore, it's all about supply and demand and there will always be bitcoin fans with money that won't let it go to 0$. And compared to gold, bitcoin is still very very cheap, so even if the bubble \"\"bursts\"\", it will grow again.\""}
{"_id": "512735", "title": "", "text": "\"You lose out still... if you have a very disruptive student in the classroom who takes all of the teacher's attention just to deal with, the instruction of the other students may not be as good as the teacher could have delivered given a different set of students.  You also need to account for things like engagement of the parents. Not all learning happens in the classroom, and some reinforcement of that learning needs to happen in the home. A student who refuses to do homework of any kind and who's parents accept or encourage that behavior is going to do worse than a student who's parents actively encourage doing homework and reward good performance in school.  Oh... and some of the implementations of \"\"No Child Left Behind\"\" encourage pacing to the slowest student rather than challenging all of them at the level they can be challenged. It's pretty broken.\""}
{"_id": "512738", "title": "", "text": "Do you have an emergency fund? If so, one idea is to put money into a Roth IRA, and invest it conservatively (short term government bonds, or a IRA savings account).  Since you can withdraw your contributions from a Roth at any time, this could serve as most of your emergency fund, which means you could then use your existing non-tax-sheltered emergency fund to pay down the loans. This way if an emergency does come up, you have access to the money.  And if an emergency doesn't come up, you have some tax-sheltered funds that you would not otherwise have."}
{"_id": "512742", "title": "", "text": "Educational requirements don't necessarily translate into better teachers. You have shortages of math teachers in part because the requirements don't include math but focus almost entirely on teaching. If the teacher doesn't know the material it's rather irrelevant how good they are at teaching it."}
{"_id": "512773", "title": "", "text": "I would definitely seek advice from professionals or others with more experience. A lot of times the wording can be changed and it will drastically alter the perception of a work. Shop it around to people who are well-spoken or very good at that business-style of language. The more professional and well-written it is the better it will be perceived."}
{"_id": "512801", "title": "", "text": "If it wasn't true before I learned it than how was I taught it in the first place e where I would believe it?   Do you know what gish galloping is? I'm perfectly open to other viewpoints but I'm not going to watch two long videos. Can you just make the points in these vids?"}
{"_id": "512803", "title": "", "text": "Express yourself as being disloyal and see what happens next.  I have been loyal to every company I have ever worked for since I started working at fourteen. I am now sixty.  Some things have not worked out for me, but I own a home. I have a good job that I love. I work hard and I earn a good living.  Be disloyal to your company and put *that* on your resume and see what your future holds for you.  All you have to do to be loyal to your company is do your job and not betray them. Some companies I have worked for have, in fact, gone out of business while I was working for them and I lost my last paycheck, but I moved on.  In my opinion if you hire me and you pay me for my work, if I understand my obligations to my employer and my employer understands its obligations to me then I am loyal and if I am not happy two weeks notice is my prerogative if there is some reason I can't negotiate a solution.  I will never betray an employer. If I do not want to work somewhere I will leave."}
{"_id": "512827", "title": "", "text": "As with most strategies there are pros and cons associated with this approach: Advantages of using LEAPS: Disadvantages of using LEAPS: Read more about it in great detail on my blog: http://www.thebluecollarinvestor.com/leaps-and-covered-call-writing-2/"}
{"_id": "512837", "title": "", "text": "My point is that conflicts aren't the reason why Accenture split from AA. More money was to be had with a separate Accenture, thus the original split, thus the lawsuits, thus the IPO. This was mirrored by every other BigX except Deloitte (who almost spun off consulting in 2003 as Braxton but stopped it at the last minute due to a crappy market).  Accenture has a completely different structure than the big4. Public companies don't pay as much in salary and bonus. For example, an MD at Accenture makes 250k, a Partner at Big4 makes 600k. Do the math.   Also salaries are much higher at Big4 than Accenture (check out glassdoor). We do a lot of recruiting and Managers at Accenture typically come into big4 as Seniors at a higher salary.  In the general category of consulting Accenture competes, but there are tranches. Accenture is definitely below big4 in bill rates, salaries and prestige (as big4 is below Bain/BCG/McKinsey)."}
{"_id": "512844", "title": "", "text": "Why would you bet it\u2019s Sun Capital Partners? OP said it\u2019s a firm that specializes in buying software companies. Sun is a generalist investor. Tech-specific funds include, but are not limited to: Vista, Thoma Bravo, Insight Venture Partners, JMI Equity, etc."}
{"_id": "512847", "title": "", "text": "Jennings Smith is an experienced team of professionally licensed and credentialed Connecticut, New York &amp;amp; New Jersey Private Investigators &amp;amp; Security Consultants who have provided a wide range of private investigator, security and forensic services to clients nationally and internationally for the past 25 years"}
{"_id": "512851", "title": "", "text": "Just looking at the numbers, something appears off. Cost of equity of ~4% seems very low and should not be below cost of debt. Also a risk free rate of 1.66% seems VERY low. Sometimes it's worth taking a step back and seeing if the numbers even make sense.  If you're serious about using your own analysis for investing, the assumptions are extremely important and incorrect ones can throw everything off."}
{"_id": "512873", "title": "", "text": "Any institution that issues checks and is connected to the ACH system can be the passive side. Any institution that clears checks and is connected to the ACH system can be the originating side. Not any institution that can be - in fact is. Your credit union doesn't provide this service because they don't want to. It costs them money to implement and support it, but they don't see the required benefit to justify it. They can. My credit union does that."}
{"_id": "512895", "title": "", "text": "The only recommendation I have is to try the stock screener from Google Finance : https://www.google.com/finance?ei=oJz9VenXD8OxmAHR263YBg#stockscreener"}
{"_id": "512914", "title": "", "text": "Stock price is an indicator about the health of the company.  Increased profits (for example) will drive the stock price up; excessive debt (for example) will drive it down. The stock price has a profound effect on the company overall: for example, a declining share price will make it hard to secure credit, attract further investors, build partnerships, etc.  Also, employees are often holding options or in a stock purchase plan, so a declining share price can severely dampen morale. In an extreme case, if share prices plummet too far, the company can be pressured to reverse-split the shares, and (eventually) take the company private.  This recently happened to Playboy."}
{"_id": "512939", "title": "", "text": "You should check this with a tax accountant or tax preparation expert, but I encountered a similar situation in Canada. Your ISA income does count as income in a foreign country, and it is not tax exempt (the tax exemption is only because the British government specifically says so). You would need to declare the income to the foreign government who would almost certainly charge you tax on it. There are a couple of reasons why you should probably keep the funds in the ISA, especially if you are looking to return. First contribution limits are per year, so if you took the money out now you would have to use future contribution room to put it back. Second almost all UK savings accounts deduct tax at source, and its frankly a pain to get it back. Leaving the money in an ISA saves you that hassle, or the equal hassle of transferring it to an offshore account."}
{"_id": "512944", "title": "", "text": "Because people with good enough lawyers seem to get away with this. Maybe they will do a trivial amount of time or pay fines less than what they made, but it'll probably be worth it in the long run."}
{"_id": "512947", "title": "", "text": "Ex-Date is a function of the exchange, as well as the dividend. Consider Deutsche Bank AG, DB on the NYSE, DKR on Xetra. For a given dividend, each exchange sets the ex-date for trades on that exchange.  (See http://www.sec.gov/answers/dividen.htm for a description of how it works in the US; other exchanges/countries are similar.) This ex-date is normally based on the dividends record date, which is when you must be on the company's books as a shareholder to receive the dividend, and based on when trades for an exchange are settled. The ex-date is the first date for which trades on that date will not settle until after the record date. This means that the ex-date can be different for different exchanges. If you sell your shares on an exchange before the ex-date for that exchange, you will not get the dividend. If you sell your shares on or after the ex-date for the exchange, you do not get the dividend. So it depends on the time zone of the exchange. Most stock exchanges trade T+3, but this can still come into play if there are bank holidays in different countries at different times."}
{"_id": "512984", "title": "", "text": "For margin, it is correct that these rules do not apply.  The real problem becomes day trading funding when one is just starting out, broker specific minimums. Options settle in T+1. One thing to note: if Canada is anything like the US, US options may not be available within Canadian borders.  Foreign derivatives are usually not traded in the US because of registration costs.  However, there may be an exception for US-Canadian trade because one can trade Canadian equities directly within US borders."}
{"_id": "513016", "title": "", "text": "\"There's no such thing as true \"\"passive income.\"\" You are being paid the risk free rate to delay consumption (i.e., the super low rate you are getting on savings accounts and CDs) and a higher rate to bear risk. You will not find truly risk-free investments that earn more than the types of investments you have been looking at...most likely you will not keep up with inflation in risk-free investments. For a person who is very risk averse but wants to make a little more money than the risk-free rate, the solution is not to invest completely in slightly risky things.  Instead the best thing you can do is invest partially in a fully diversified portfolio.  A diversified portfolio (containing stocks, bonds, etc) will earn you the most return for the given amount of risk.  If you want very little risk, put very little in that portfolio and keep the rest in your CDs. Put 90% of your money in a CD or something and the other 10% in stocks/bonds.  Or choose a different percentage. You can also buy real assets, like real estate, but you will find yourself taking a different type of risk and doing a different type of work with those assets.\""}
{"_id": "513029", "title": "", "text": "There's a story about a guy who became a billionaire starting from nothing.  As a kid, he would use his allowance to buy vegetables at the farm and sell for a big markup in the city.  By 21, this little business of his was doing very well and he was saving more and more money every day.    Then... he finally married a billionaire widow.  And that's how he became a billionaire.    Rich Dad, Poor Dad is sort of like the joke above.  It gives you the inspiration and common sense advice (save, don't waste money, etc, etc.)  But it misses key points, and the book is full of false information he portrays as real life examples.    Nothing wrong with the book *as entertainment*.  But actually *doing something useful* to pursue your goals is 100x better use of time.  It's not even close.  There is no magic advice in any book that will teach you to be comfortably rich, and this book is no different."}
{"_id": "513031", "title": "", "text": "Yeah, but why not clarify? It leads one to think that that is Avedis Zildjian since no other Avedis Zildjian is mentioned throughout the article. It's like writing an article on George H.W. Bush, labeling him as George Bush, and then putting an image of George W. Bush in the article, also labeling him as George Bush."}
{"_id": "513051", "title": "", "text": "\"Interesting as I am in the exact same situations as yourself.  I, in fact, just incorporated.  You will be able \"\"save\"\" more in taxes in the end.  The reason I put \"\"save\"\" in quotes, is that you don't necessarily save on taxes, but you can defer taxes.  The driving factor behind this is that you specify your own fiscal calendar/year.  Incorporating allows you to defer income for up to 6 months.  Meaning that if you make your fiscal year starting in August or September, for example, you can claim that income on the following year (August + 6 months = February).  It allows you to keep the current year taxes down.  Also, any income left over at year end, is taxed at 15% (the Corporation rate) rather than the 30-40% personal rate you get with a sole-proprietorship.  In a nutshell, with sole-proprietorship, all income is taxable (after write-offs)... in a corporation, you can take some of that income and keep it in the corporation (gives your company a \"\"value\"\"), and is only taxed at 15% - big saving there. I primarily work with US businesses.  I am, however, a dual-citizen, US and Canadian, which allowed me as a sole-proprietor, to easily work with US companies.  However, as a sole-proprietor or a Corporation, you simply need to get an EIN from the IRS and any US company will report earnings to that number, with no deductions.  At year end, it is your responsibility to file the necessary tax forms and pay the necessary taxes to both countries.  Therefore you can solicit new US business if you choose, but this is not restricted to corporations.  The real benefit in incorporating is what I mentioned above. My suggestion to you is to speak with you CA, who can outline all benefits.  Revenue Canada's website had some good information on this topic as well. Please let me know if you need anything else explained.\""}
{"_id": "513052", "title": "", "text": "&gt; People like Faber are white fear defined.  He lives in Thailand.  He has also lived in Singapore &amp; Hong Kong, having moved to the East in 1973.  For someone with so much 'fear', he surrounds himself with a hell of a lot of non-whites on purpose."}
{"_id": "513054", "title": "", "text": "There is a subtle difference.  In an FDIC insured bank account, you are guaranteed to get all of your money back out. If you put $1000 into your bank account, you are guaranteed to be able to get at least $1000 back out when you want. The value of the account (in dollars) can never go down, for any reason.  When you put money into a brokerage account, cash is typically invested in a money market fund. Money market funds are considered very safe investments, with low risk of loss (and a corresponding low rate of return).  However, it is possible for the value of a money market fund to go down, and SIPC insurance does not cover that.  What SIPC does cover is any sort of shenanigans that a broker might play on you. If they screw up and delete your account, or give your money to someone else, or close up shop and head to Grand Cayman, SIPC ensures that you will get your money back. But it does not cover investment losses."}
{"_id": "513055", "title": "", "text": "Most of the Indian Brokers started offering API's to retail client these days. And NSE Exchange also supports algo trading at retail level. Currently two levels of API are offered. 1)Semi-automatic or one touch trading (Retail Traders) 2)Fully Automatic ( Dealers) I had tested the API with a discount broker www.tradejini.com and it is good at retail level. But to make your trading systems fully automatic you need to pass NISM Series VIII certification (Dealer Certification) and have to take dealer terminals from the broker. You also have to register as a dealer and have to take permission from exchange to run your algos fully automated. Without Exchange permission it is illegal to involve in algo trading."}
{"_id": "513079", "title": "", "text": "\"There are normally three key factors that define different kinds of loans, these factors affect the risk that the lender takes on and so the interest rate. The interest rate on any loan is linked to market interest rates; the lender shouldn't be able to receive a higher rate of interest for lending the money at no risk, and the level of risk that the lender believes the borrower to have. The three features of a particular loan are: These reduce the risk of complete or total non-payment (default) of the principal or any missed interest payments. Taken in order: Amortising Here some of the monthly payment pays a proportion of the underlying principal of the loan. This reduces the amount outstanding and so reduces the capacity for default on the full principal as part of the principal has already been paid. Security In a secured loan there is an asset such as a car, house, boat, gold, shares etc. that has a value on resale that is held against the loan. The lender may repossess the security if the borrower defaults and recover their money that way. This also acts as a \"\"stick\"\" using the loss of property to convince the borrower that it is better to keep paying the interest. The future value of the security will be taken into account when deciding how much this reduces the interest rate. Guarantor A guarantor to a loan guarantees that the borrower will repay the loan and interest in full and, if the borrower does not fulfil that obligation, the lender is able to seek legal redress from the guarantor for the borrower's debts. Each of these reduce the risk of the loan as detailed and so reduce the interest rate. The interest rate, then, is made up of three parts; the market interest rate (m) plus the interest rate premium for the borrower's own credit worthiness (c) minus the value of the features of the loan that help to reduce risk (l). The interest rate of the loan (r) is categorised as: r = m + c - l. Credit ratings themselves are an inexact science and even when two lenders are looking at the same credit score for the same person they will give a different interest rate premium. This is mostly for business reasons, and the shape of their loan book, that are too tedious to go through here. All in all the different types of loan give flexibility at the cost of a different interest rate. If you don't want the chance of your car being repossessed you don't take a secured loan, if you have a family member who can help and doesn't mind taking on your risk take a guaranteed loan.\""}
{"_id": "513115", "title": "", "text": "Note: While I think the above is a reasonable interpretation, I'm not about to take legal responsibility for it since I'm not a lawyer, if you need serious advice get a professional opinion through appropriate channels."}
{"_id": "513128", "title": "", "text": "I might have been raised jewish, but I support people's right to hold an opinion and I support their right to assemble.  I don't like the precedent this could set.  These companies should not be playing moral gatekeeper, they should be providing a service.  I also believe in public healthcare.  Fuck me, right?"}
{"_id": "513129", "title": "", "text": "\"Isn't the guy that made the article website critisizing the book himself rich? Since he writes his own books and so forth?  And the critique is wrong on some things, so you don't take the things that are right seriously? Are you serious? If so, then why take RDPD seriosuly? It might be right on some things, but it's wrong on more things so you shouldn't take it seriously.   I just think people overestimate this whole \"\"opening the mind\"\" thing and they are so elated because they \"\"are not one of the sheep(le) anymore\"\" and are somehow better than others that they end up worshiping whatever gave them this delicious piece of mind candy.\""}
{"_id": "513152", "title": "", "text": "\"Exactly.  The \"\"Makes me sick\"\" comment is a bit dramatic. This is our system, this is how  these test preparation operations work. Gaming the tests is:  1) Basically a requirement because high scores are necessary to access the best schools and scholarships.  2) Proof that the SAT works against the poor because many either can't afford or don't know to access these tricks.\""}
{"_id": "513185", "title": "", "text": "\"Choice Stories You Play is a different game requiring emotional intelligence, tact, and logical reasoning. Click the \"\"Free Keys &amp; Diamonds\"\" Page Submit your email and Choices account details Press submit and complete the human verification Wait for the access code to be generated Check your email for the...\""}
{"_id": "513196", "title": "", "text": "One way is ignoring IP rights. The highly competitive dog eat dog environment without government created monopolies for the inventor results in more iterations and faster growth. The US seriously needs to roll back IP protection to compete.   In most areas they are still copying though. Give them 10 years and I doubt that\u2019s still true."}
{"_id": "513246", "title": "", "text": "The reason for the imbalance has to do with ownership.  Ownership results in dividends.  Taxes have little to do with it *except* that it was decided that the income that arises from ownership not be taxed at the same rate that income gained from labor is taxed.  *That* is the real inequality, and that is how 62 people gained most of the wealth of the world."}
{"_id": "513248", "title": "", "text": "I store all my receipts digitally, and make sure to input them into accounting program sooner than later, just so I don't forget about it. For practical purposes, the two important things are: Any kind of a digital system makes this pretty easy, even just putting the sums in a spreadsheet and the receipts into files with the date in the name. However, because it's easy enough, I also have a box where I stuff the paper receipts. I expect never to need them, but should something very weird happen to my computer and backups, they would be there."}
{"_id": "513249", "title": "", "text": "Inflation refers to the money supply. Think of all money being air in a balloon. Inflation is what happens when you blow more air in the balloon. Deflation is what happens when you let air escape. Inflation may cause prices to go up. However there are many scenarios possible in which this does not happen. For example, at the same time of inflation, there might be unemployment, making consumers unable to pay higher prices. Or some important resource (oil) may go down in price (due to political reasons, war has ended etc), compensating for the money having less value.  Similarly, peoples wages will tend to rise over time. They have to, otherwise everyone would be earning less, due to inflation. However again there are many scenarios in which wages do not keep up with inflation, or rise much faster. In fact over the past 40 years or so, US wages have not been able to keep up with inflation, making the average worker 'poorer' than 40 years ago. At its core, inflation refers to the value of the money itself. As all values of other products, services, assets etc are expressed in terms of money which itself also changes value, this can quickly become very complex. Most countries calculate inflation by averaging the price change of a basket of goods that are supposed to represent the average Joe's spending pattern. However these methods are often criticized as they would be 'hiding' inflation. The hidden inflation may come back later to bite us."}
{"_id": "513252", "title": "", "text": "I'm not an importer but I sold a lot of things online and has tried a lot of methods and calculate it.  In my experience, warranty almost always a good financial decision unless your marketing really sucks. You could always mark up your product against competitors with no warranty by quite a large amount. 10-20% would be quite a low estimate if you combined it with marketing and sales person, considering I sold goods with full guarantee and no question asked and only got return of less than 2% online it is actually good decision on most product (it's electronics, and we sell 300-500 pieces a day). Just make sure that the buyers have to absorb some of the cost (shipping + waiting 2 days) so you won't have a group of people bought things without actually want to follow through."}
{"_id": "513254", "title": "", "text": "http://news.yahoo.com/blogs/lookout/average-american-commute-25-1-minutes-165915472.html  Average commute is 50 minutes each day, which means you are already at the edge for your average driver. I wouldn't say the vast amount of people can commute, but a sizeable portion can. The problem still is that even with high gas prices buying a cheap car is much cheaper than an electric. You can buy a Chevy Spark that gets 38MPG for $13,000, compared to electric vehicles that start in the 30s."}
{"_id": "513256", "title": "", "text": "One of the other things you could do to improve your score would be along the lines of what Pete said in his answer, but using the current financial climate to your advantage. I'm not sure what interest rates are available to you in the UK, but I currently have 4 lines of credit aside from my house. One is a credit card I use for every day purchases and like you pay off immediately with every statement. The other three are technically credit cards, however all three were used to make purchases with 0% financing. The one was for a TV I bought that even gave me 5% off if I pay it off within 6 months. That cash has been sitting in my savings since the day I bought it. I'm making regular payments on all three, but not having to pay any interest. My credit score dropped 25 points with the one as it was an elective medical expense (Visian eye surgery), so for the time the balance is near my credit limit. However, that will bounce back up as the balance lowers. My score was also able to take that hit and still be very high. If you don't have 0% (or very close) available, your better bet would be to follow the other suggestions about saving for a sizable down payment, or other every day expenses like a cell phone."}
{"_id": "513258", "title": "", "text": "Imagine you have a bank account with $100 in it. You are thinking about selling this bank account, so ask for some bids on what it's worth. You get quotes of around $100. You decide to sell it, but before you do, you take $50 out of it to have in cash. Would you expect the market to still pay $100 for the account? The dividend is effectively the cash being withdrawn. The stock had on account a large amount of cash (which was factored into it's share price), it moved that cash out of it's account (to its shareholders), and as a result the stock instantly becomes priced lower as this cash is no longer part of it, just as it is in the bank account example."}
{"_id": "513260", "title": "", "text": "The sad thing is that if you were to tell people that our economy has dropped by 50% in the past decade, many would believe you.  It's hard to wrap your mind around the huge difference between a 1% and 3% annual GDP growth rate.  A 50% GDP drop would be worse than Godzilla destroying Silicon Valley then grabbing Mothra and punting him face first into the New York Tri-State Area hugging an EMP.  I would mention Chicago but [I think they're already under attack by a kaiju](http://3.bp.blogspot.com/-2wweA-K6Vh4/UuDWvRGNLiI/AAAAAAAAhsY/xlFXqL_8YQQ/s1600/ford+bumbaclot.jpg)."}
{"_id": "513266", "title": "", "text": "\"Nothing can be done? Well, in the past the courts were the mechanism by which something was done and that something was called \"\"consent decree\"\" where the court would simply order the monopolistic practices to stop immediately or the offenders could instead pay for instance a million dollar per day fine until they came into compliance. Xerox, for instance, only opened the specs of what we now call the PC under a court ordered consent decree.   This nationwide system of trust busting was dismantled under Reagan with the creation of the Court of Appeals of the Federal Circuit (CAFC) which was created out of nothing  in order to strengthen so-called intellectual property rights. The term \"\"intellectual property\"\" in turn had been crafted by a group of patent lawyers decades earlier in order to promote monopolistic practices.   Things could go back to the way they were with a major shakeup of the court system but as in the 30s it will probably take a sustained economic depression and complete collapse of the stock market to make that happen. With mechanisms like the 401K which also emerged in the Reagan era that becomes more and more difficult to achieve without enormous suffering and loss of wealth by typical households.\""}
{"_id": "513276", "title": "", "text": "\"This is simple tech, but I used Amazon Fresh Pickup a few times. The second time I went I wanted to tell the attendant my order number or my name. He just said, oh we know already, it's coming up. And I just need to tell him whether I want the bags in the back or the trunk.   They collected my license plate info via a reader at the stall and already tied it to my account. There's actually a 4 stage \"\"loading bar\"\" indicator that tells you the status right in front of where you park and wait at the stall. I was pretty amazed.  One bar is they read your car plate or got your order number. Two is someone is getting your stuff. Three is the bags are on the way out. Four is time to drive away.\""}
{"_id": "513281", "title": "", "text": "\"First, let me say that $1000 is not that much of amount to invest in stocks. You need to remember that each transaction (buy/sell) has fees, which vary between $4-$40 (depending on the broker, you mentioned Scottrade - they charge $7 per transaction for stocks and about twice as much for some mutual funds). Consider this: you invest $1000, you gain $100. You'll pay $15 in fees just to buy/sell, that's 1.5% expense ratio. If you invest in more than 1 stock - multiply your fees. To avoid that you can look into mutual funds. Different brokers offer different funds for free, and almost all of them carry many of the rest for a fee. When looking into funds, you can find their expense ratio and compare. Remember that a fund with 1% expense ratio diversifies and invests in many stocks, while for you 1.5% expense ratio is for investing in a single stock. Is it a good idea to invest only in US or diversify worldwide? You can invest in the US, but in funds that diversify worldwide or across industries. Generally it is a good idea to diversify. I am 28. Should I be a conservative investor or take some risks? Depends on how bad of a shape will you be if you lose all your principle. What online brokerage service is the best? I have heard a lot about   Scotttrade but want to be sure before I start. It seems to be the   least expensive and most user-friendly to me. \"\"Best\"\" is a problematic term. Scottrade is OK, E*Trade is OK, you can try Sharebuilder, Ameritrade, there are several \"\"discount\"\" online brokers and plenty of on-line reviews and comparisons amongst them. What is a margin account and how would it affect my investing? From   what I understand it comes into play when an investor borrows money   from the broker. Do I need to use it at all as I won't be investing on a big scale yet. You understand right. There are rules to use margin accounts, and with the amount you have I'd advise against them even if you get approved. Read through the brokers' FAQ's on their requirement. Should I keep adding money on a monthly basis to my brokerage account   to give me more money to invest or keep it at a certain amount for an   extended period of time? Sharebuilder has a mechanism to purchase monthly at discounted prices. But be careful, they give you discounted prices to buy, but not to sell. You may end up with a lot of positions, and the discounts you've gotten to buy will cause you spend much more on selling. Generally, averaging (investing monthly) is a good way to save and mitigate some risks, but the risks are still there. This is good only for long term savings. How should my breakdown my investments in terms of bonds vs stocks? Depends on your vulnerability and risk thresholds.\""}
{"_id": "513287", "title": "", "text": "Monopolization occurs when a single organization is able to garner enough resources to make market entry cost prohibitive, government or not. A monopoly would be able to shut down competition even in the event of new market entry by locking down consumers and manipulating prices"}
{"_id": "513322", "title": "", "text": "You're right, I do not fully understand different types of depression. I have suffered it, but I beat it with hard work. It's a daily struggle. I also understand that there are types you can't 'just beat'.  I know a lot of people also use it as an excuse. I don't know what category the person I replied to, falls under.  I felt the best I can do for him is to work with an assumption, and hope it changes him for the better. If I'm wrong, I'll just be another asshole on the internet. That part I'm fine with... its worth trying to help someone."}
{"_id": "513362", "title": "", "text": "Yes, the business can count that as an expense but you will need to count that as income because a computer = money."}
{"_id": "513367", "title": "", "text": "This is more legal and less personal finance question. You should immediately lodge a police complaint mentioning that some persons are using your PAN card details for activities not authorized by you. In the meantime also engage the services of a CA and reply back to income tax authorities. Do not ignore the notice."}
{"_id": "513373", "title": "", "text": "\"Hopefully the changes truly reflect one's ability to pay debit and not a way to suddenly create millions of new \"\"credit-worthy\"\" borrowers and some debt bubble pops 6 years down the road. Businesses will love people using debt to buy stuff for that sweet revenue.\""}
{"_id": "513376", "title": "", "text": "As more people earn it, the value will dilute to some degree. However, I think for *some* parts of finance, the charter will retain usefulness. I mean, college degrees are *extremely* diluted, but they're still seen as a necessary requirement.  I see that happening for PM type of roles. Clearly anywhere it isn't useful now won't see appreciation in that later."}
{"_id": "513392", "title": "", "text": "Yes, it really will hurt you to keep pulling your money from your IRA. Your best bet is to set up a payment plan with the IRS, and pay the taxes you owe now, as well as adjust your withholding (with a new W-4 to your payroll department) so that you don't have a large tax liability next year. These tax advantaged plans really are designed to penalize you if you pull the money out early to give you incentive to keep the money for retirement. Your best bet is to make a monthly budget that includes your tax payments for taxes owed this year, as well as higher deductions from your paycheck to properly withhold taxes for next year."}
{"_id": "513434", "title": "", "text": "You can't include cellular and satellite, the speeds aren't comparable. These figures are from from: http://broadband.about.com/od/speedissues/a/Broadband-Internet-Speeds-Explained.htm and using http://www.checkyourmath.com/convert/data_rates/per_second/gigabits_kilobytes_per_second.php but translated into gigabits per second            Broadband Technology   Speed Gbps                          Dial-up                     0.000052154                         DSL                         0.006144 - .006                            Satellite                 0.0032 - .002                            3G                         0.0004 - .0015        Cable Modem                 0.001 - 1.0       WiMax                         less than 0.128      Fiber                         up to 1.0     4G / LTE                 up to 0.01     As you can see from this table, there is broad range within the technologies. A low end cable modem is worse than Satellite. With comcast, i get around 40mps, which is .04 on the table, which is better than the theoretical maximum of DSL by a huge factor.  Edit: I have to hand it to comcast, 40 mps is much better than the 20 mps it was 2 years ago. I just feel like the pricing model is a license to print money."}
{"_id": "513446", "title": "", "text": "Presumably they would lose value eventually. They're not going to turn a profit anytime soon. There may come a day when they've burned through their cash, can't get anymore private equity dollars, and have no choice but to either raise money with public equity or entertain discounted offers to buy a controlling interest."}
{"_id": "513461", "title": "", "text": "\"&gt; If you're going to build an AI, you won't make it very far without a definition for intelligence or what it is to think (this turns out to be hard.)  But turns out, we don't exactly know what intelligence exactly is, or what a thought is physically like (an electrochemical signal shooting somewhere in the brain? ). That's why the best we can do right now attempting to recreate the results, instead of actually \"\"emulating\"\" intelligence or how the brain works.\""}
{"_id": "513474", "title": "", "text": "\"Most people advocate a passively managed, low fee mutual fund that simply aims to track a given benchmark (say S&P 500). Few funds can beat the S&P consistently, so investors are often better served finding a no load passive fund. First thing I would do is ask your benefits rep why you don't have an option to invest in a Fidelity passive index fund like Spartan 500. Ideally young people would be heavy in equities and slowly divest for less risky stuff as retirement comes closer, and rebalance the portfolio regularly when market swings put you off risk targets. Few people know how to do this and actually do so. So there are mutual funds that do it for you, for a fee. These in are called \"\"lifecycle\"\" funds (The Freedom funds here).  I hesitate to recommend them because they're still fairly new. If you take a look at underlying assets, these things generally just reinvest in the broker's other funds, which themselves have expenses & fees. And there's all kinds personal situations that might lead to you place a portion with a different investment.\""}
{"_id": "513477", "title": "", "text": "Here's a simple answer: If your debit card has a visa or mc logo, it can be used as a 'credit card'.  In order to do so, you shouldn't enter the pin, instead choose 'credit' and sign for it. Unlike a credit card, you can't spend money you don't have but like a credit card, your purchase is protected by the credit card company (visa/mc) and gives you privileges like zero fraud liability and purchase disputes. http://www.moneycone.com/should-you-sign-for-a-debit-card-purchase-or-use-your-pin/"}
{"_id": "513485", "title": "", "text": "\"The setting of interest rates (or \"\"repurchase rates\"\") varies from country to country, as well as with the independence of the central bank. There are a number of measurements and indices that central bankers can take into account: This is a limited overview but should give an indication of just how complex tracking inflation is, let alone attempting to control it.  House prices are in the mix but which house or which price? The choice of what to measure faces the difficulty of attempting to find a symmetrical basket which really affects the majority regularly (and not everyone is buying several new houses a year so the majority are ring-fenced from fluctuations in prices at the capital end, but not from the interest-rate end). And this is only when the various agencies (Statistics, Central Bank, Labour, etc.) are independent.  In countries like Venezuela or Argentina, government has taken over release of such data and it is frequently at odds with individual experience. Links for the US: And, for Australia:\""}
{"_id": "513490", "title": "", "text": "The mortgage and title of the house would be under both your names equally.  When I applied for a mortgage with my girlfriend, I was the primary applicant because of my credit score and she was the secondary because of her income (she makes more).  When all was said and done, it was explained to us that the mortgage was ours equally and so was the house, and that I didn't hold more ownership than her over either.  We were approved quickly and hassle free. This is our first house too. This is in Florida."}
{"_id": "513499", "title": "", "text": "If interest rates have gone up, don't sell when you move. Refinance to lock in a low rate and rent out your current house when you move. Let the rent pay your new mortgage."}
{"_id": "513502", "title": "", "text": "\"Thank you for the in-depth, detailed explanation; it's refreshing to see a concise, non verbose explanation on reddit.  I have a couple of questions, if that's alright.   Firstly, concerning mezzanine investors. Based on my understanding from Google, these people invest after a venture has been partially financed (can I use venture like that in a financial context, or does it refer specifically to venture capital?) so they would receive a smaller return, yes? Is mezzanine investing particularly profitable? It sounds like you'd need a wide portfolio.  Secondly, why is dilution so important further down the road? Is it to do with valuation?  Finally, at what point would a company aim to meet an IPO? Is it case specific, or is there a general understanding of the \"\"best time\"\"?  Thank you so much for answering my questions.\""}
{"_id": "513504", "title": "", "text": "\"Would not be shocking. Amazon already has massive \"\"fullfillment\"\" centers here which I know they have all over but that area is prime for something like we are talking about to happen. The land is crazy cheap and the areas around Hamilton County are technically the \"\"richer\"\" more high end areas around Indianapolis. Growing up in Indiana and seeing the amount of farm land for sale and how cheap it is seemingly going does make me a bit sad though.\""}
{"_id": "513518", "title": "", "text": "RenTec's Medallion fund has already hit capacity:  https://www.bloomberg.com/news/articles/2017-04-25/renaissance-mints-another-billionaire-with-two-more-on-the-cusp  &gt; Simons determined, almost from the beginning, that the fund\u2019s overall size can affect performance: Too much money destroys returns. Renaissance currently caps Medallion\u2019s assets between $9 billion and $10 billion, about twice what it was a decade ago. Profits get distributed every six months."}
{"_id": "513561", "title": "", "text": "I am able to place an 'all or none' order with my broker. But doing so reduces the number of potential sources to fulfill the order. As others have mentioned, try a limit order to get a specific price."}
{"_id": "513573", "title": "", "text": "I still don't understand this, you have an option between two cars, they are exactly the same except for one is cheaper and has less battery capacity, that means the company who built it is making less money on the cheaper one, and you have the choice between the two cars. You could very easily just buy the more expensive one if you have the money then, or you can afford it now until you have the money later, always your choice. If you don't like it, buy the more-expensive bigger battery, not the cheaper car that costs the same net price after the upgrade. What's wrong with that?"}
{"_id": "513580", "title": "", "text": "There's a bit of truth to that, except in reality when you ask for business loan the bank most definitely looks at the background of the owners (assuming it's a small business).  You might have some luck fooling investors as a way to get some capital, but that's doubtful as well if you have a history of starting companies that later fail."}
{"_id": "513585", "title": "", "text": "My first thought when I go into McD, JitB, and Carls, they have way too much stuff on the menu to be able to prepare well without it all being pre-cooked microwaveable crap. When you go to some place like In and Out and the have same number of people in the kitchen (or more), roughly the same size kitchen and they only make 3 things (burgers. fries, shakes). If McD and company are not doing it the way they do at In and Out, why would you want a hamburger from them?"}
{"_id": "513592", "title": "", "text": "The biggest factor is: Are you really going to invest the difference? It is easy to say you will now, but unless you have a ton of discipline or some form of automatic investing, that is a hard thing to do in practice. Another consideration is that the 30 year loan will usually cost you more over the life of the loan because of the length of it.  Another option is to take the 30 year loan and pay at the rate you would with a 15. Then you get the benefit of paying it down quickly, but have the flexibility to only make smaller than usual payments in any month where you have a financial emergency and need the extra cash."}
{"_id": "513606", "title": "", "text": "\"IANAL, but if you're planning to sell shares in your LLC you may be disappointed in the protection granted. I looked into this corporate structure for the same purpose myself, and my attorney said something like, \"\"If an owner of one of the shares of your company is driving to look at one of the properties, and gets into a wreck for which they were found negligent, the injured party can sue the corporation.\"\"\""}
{"_id": "513615", "title": "", "text": "It is, but barely. They didn't support it enough, and it wouldn't surprise me if they stopped it sometime soon. Sure it's cool and all, but there aren't too many great games on it aside from a few, and it still has some issues that's never been resolved."}
{"_id": "513620", "title": "", "text": "There are two reasons to do a reverse split.  Those partial shares will then be turned into cash and returned to the investors. For large institutional investors such as mutual funds or pension funds it results in only a small amount of cash because the fund has merged all the investors shares together. If the company is trying to meet the minimum price level of the exchange they have little choice. If they don't do the reverse split they will be delisted. If the goal is to reduce the number of investors they are using one of the methods of going private: A publicly held company may deregister its equity securities when they   are held by less than 300 shareholders of record or less than 500   shareholders of record, where the company does not have significant   assets. Depending on the facts and circumstances, the company may no   longer be required to file periodic reports with the SEC once the   number of shareholders of record drops below the above thresholds. A number of kinds of transactions can result in a company going   private, including:"}
{"_id": "513627", "title": "", "text": "\"I was there for unrelated-to-Walmart work this time last year. The entire region's commerce seems *very* predicated upon Walmart's success. Imagine if Walmart fell how much of that local economy would vanish.    Tyson and JB Hunt can only do so much without the retail giant throwing reams of money their way. The University can only support so much. I hate to imagine what they region looks like in 40-50 years if Walmart's well dries up.    ---  \"\"Oh, you're moving to NW Arkansas? Big business there. Beautiful drive up from Fort Smith too. What takes you there?\"\"   *\"\"Walmart!\"\"*    ...why else move there? It's all hinging on Walmart's continued success. I can't imagine the land value holding if Walmart contracts. *Maybe* you could sell some football-weekend houses to well-off Razorback fans if you're in Rogers or south, but there's been a lot of growth there without many more independent industries in case of collapse.\""}
{"_id": "513642", "title": "", "text": "I believe there are two ways new money is created: My favorite description of this (money creation) comes from Chris Martenson: the video is here on Youtube. And yes, I believe both can create inflation. In fact this is what happened in the US between 2004 and 2007: increasing loans to households to buy houses created an inflation of home prices."}
{"_id": "513651", "title": "", "text": "16/17 billion. Big deal in all they made around 85 billion dollars off subprime loans.  So they gave up a fraction of what they made. Rob a bank get 10 year in jail.  When the bank robs the people, they keep their money and get a slap on the wrist."}
{"_id": "513658", "title": "", "text": "\"Check out Professor Damodaran's website: http://pages.stern.nyu.edu/~adamodar/ . Tons of good stuff there to get you started. If you want more depth, he's written what is widely considered the bible on the subject of valuation: \"\"Investment Valuation\"\". DCF is very well suited to stock analysis. One doesn't need to know, or forecast the future stock price to use it. In fact, it's the opposite. Business fundamentals are forecasted to estimate the sum total of future cash flows from the company, discounted back to the present. Divide that by shares outstanding, and you have the value of the stock. The key is to remember that DCF calculations are very sensitive to inputs. Be conservative in your estimates of future revenue growth, earnings margins, and capital investment. I usually develop three forecasts: pessimistic, neutral, optimistic. This delivers a range of value instead of a false-precision single number. This may seem odd: I find the DCF invaluable, but for the process, not so much the result. The input sensitivity requires careful work, and while a range of value is useful, the real benefit comes from being required to answer the questions to build the forecast. It provides a framework to analyze a business. You're just trying to properly fill in the boxes, estimate the unguessable. To do so, you pore through the financials. Skimming, reading with a purpose. In the end you come away with a fairly deep understanding of the business, how they make money, why they'll continue to make money, etc.\""}
{"_id": "513666", "title": "", "text": "\"It's a shame because there's a lot more to SeaWorld than just orca shows. Along with research, educations, and conservation of marine life, they're pretty much the only places where endangered marine animals that are injured or orphaned can be taken to be rehabilitated and released. https://en.wikipedia.org/wiki/SeaWorld#Animal_rescue_and_rehabilitation_program  SeaWorld really is a unique place that has instrumental in protecting marine life, and it's rescued far more animals than anyone could claim they've harmed.  We're living in a time when use of animals for entertainment is becoming no longer palatable for much of our society, but Blackfish was as one sided as activist \"\"documentaries\"\" typically are. It was only one side of the whole story.\""}
{"_id": "513706", "title": "", "text": "\"\u201cIt\u2019s hard to explain simply why and how it works\"\". If that's the case, why would I give you money? 21% annualized, not geometrically averaged return, is impressive but less so in a crazy bull market with no discussion of leverage employed. Let's wait to see what a full market cycle does to those returns\""}
{"_id": "513716", "title": "", "text": "While Apple is undoubtedly tougher at negotiating, the premise is of the question is false. Apple pays more money per stream than Spotify, whose user base is primarily on their free tier, which has almost no revenue at all and gets to pay out lower royalty rates. Apple Music doesn't have a free tier. Apple Music also apparently runs at a profit, while paying out more per stream. Free tiers are awful for pretty much everybody involved."}
{"_id": "513734", "title": "", "text": "\"There are a few things you are missing here. These appear to be penny stocks or subpenny stocks. Buying these are easy.... selling is a total different ball game. Buying commissions are low and selling commissions are outrageous. Another thing you are missing in this order is... some trading platform may assume the \"\"AON\"\" sale. That is All Or None. There was an offer of 10k shares @ .63. The buyer only wanted 10k what was the broker to do with the other 20k? Did you inform the broker that partial sales where acceptable? You may want to contact your broker and explain this to them. The ALL OR NONE order has made plenty of investor a little unhappy, which seems to be your new learning experience for the day. Sorry, school of hard knocks is not always fun.\""}
{"_id": "513775", "title": "", "text": "\"Should you negotiate? Yes, what harm can it possibly do? The landlord is unlikely to come back and say \"\"Because you tried to negotiate, I'm putting the rent up by 10% instead.\"\", or to evict a paying tenant merely because they tried to negotiate. Is the proposed rent increase \"\"normal\"\"? Yes. Landlords will generally try to get as high a rent as they can.\""}
{"_id": "513777", "title": "", "text": "The Truth is that the Orange Lorax never wanted to be president, he was just going to make a shit load of stupid promises he would never have to keep, and then he would make a lot of noise about how bad things were and how he would have done much better had he been elected.  But as luck would have it, this incompetent buffoon got elected and has proceeded to destroy, step by step what has taken decades to build and daily pisses on the very values America is supposed to protect and cherish.   I don't think that even the trail of parasites who saw a great opportunity to consolidate their hold on American society  through their vassal, even imagined how bad he would be.  I look forward to the vengeance with which he will tear through the Fed."}
{"_id": "513818", "title": "", "text": "Stock portfolios have diversifiable risk and undiversifiable risk.  The market rewards investors for taking undiversifiable risk (e.g. owning an index of oil producing companies) and does not reward investors for assuming diversifiable risk (e.g. owning a single oil producing company).  The market will not provide investors with any extra return for owning a single oil company when they can buy an oil index fund at no additional cost. Similarly, the market will not reward you for owning a small-cap index fund when you can purchase a globally diversified / capitalization diversified index fund at no additional cost.  This article provides a more detailed description. The Vanguard Total World Stock Index Fund is a much better staring point for an equity portfolio. You will need to make sure that the asset allocation of your overall portfolio (e.g. stocks, bonds, P2P lending, cash) is consistent with your time horizon (5-10 years)."}
{"_id": "513827", "title": "", "text": "As the record date is 7th August, you need to hold stocks on the 7th August closing. You need not hold it till 2nd Sept. The list as taken on 7th August would be processed and instructions given to Bank and the dividends credited by 1st Sept.  Edit: To Clarify Victor's comment Typically from the time one sells the stocks to the time it actually gets transferred has a clearing cycle. Most stock exchanges have 2 or 3 days cycles. i.e. if I sell the stock today, it is still in my name. The money is still with the buyer. On Day 1, the positions are arrived at. On Day 2 the stock gets credited to the buyer and the funds gets credit to seller.  As the question was specific whether to hold the stock till 7th or 22nd Sept, my initial answer was simple. The illustration by Victor is more accurate."}
{"_id": "513886", "title": "", "text": "Sure, but what percent of Americans from outside the PNW make a vacation to Seattle/San Juan Islands in their lifetime (and particularly in their youth)? 1%? And what percent then get on the water and actually see an Orca?  I took a week long vacation to Seattle recently and never saw a single Orca or even reference to one, and I went to the Seattle Aquarium.  Fact is, a lot more people are exposed to wild life and educated about them at places like SeaWorld, zoos, aquariums, etc than they are in the actual wild. And exposure to animals has been shown to have a large affect on people's feelings toward them (particularly children).  SeaWorld's treatment of some of their animals obviously isn't great, but it's hard to argue that SeaWorld doesn't have a positive impact on people's feelings towards sealife, possibly, even probably, having a positive net-benefit on their well being."}
{"_id": "513899", "title": "", "text": "\"Normally I avoid any links pointing to guardian or telegraph or such sites but just was curios to what exactly the content of such a \"\"paper\"\" would be.   As expected, it has the seeds of a world war and is a lab factory for future terrorism. How does one expect value without work. US atleast produces some value here and there, but the other countries are just decline stage. Seriously UK? It seems some people can just not let go off their easy life ride or \"\"way of life\"\" as it is often referred to - basically create a system highly stacked in one's own favor and then blatantly call out others as conspiracy theorists or some such noun to get them on the defensive. Elimination of public debt should not be allowed for these countries.   There is so much cunningness, guile, cheating, lying in sneaky fashion and so much negativity hiding behind that theory - it is sometimes depressing how world operates and then people complain about it when there is real chance to put checks and balances to stop such disgusting things from taking form.\""}
{"_id": "513916", "title": "", "text": "I think another point was that squeezing a bag of stuff between two flat plates is inherently harder than squeezing it from one end with a roller. So that explains why the machines cost so much, the gears and whatnot in the press were huge and the electrical stuff was all pretty non-standard too."}
{"_id": "513921", "title": "", "text": "\"P/E is price to earnings, or the price of the company divided by annual earnings. Earnings, as reported, are reported on accrual basis. Accrual basis accounting is...without going too deep, like taking a timeline, chopping it up and throwing different bits and pieces of every year into different piles.  Costs from 2008 might show up in 2011, or the company might take costs in 2011 that aren't necessarily costs until 2012.  Examples would include one-time charges for specific investments, like new shipping centers, servers for their hosting services, etc.    Free cash flow is the amount of cash Amazon is generating from its operations. Free cash flow is almost always different from earnings because it's the amount of Earnings + adjustments for non-cash activities - capital expenditures (long-term investments.)  Earnings is one thing.  Cash generation is a completely different animal.  There are plenty of companies that \"\"earn\"\" billions, but only have a few hundred million in cash to show for it because their earnings have to be reinvested into new stuff to grow/maintain the business.  To have a free cash flow yield of 2.5% is to have a company valued at $40 for each $1 of free cash flow that the company generates each year.  $1/$40 = 2.5%.  SGA = Selling, General, &amp; Administrative expenses.  These are the costs of running the company - paying salaries, advertising, etc.  This cost is second only to COGS, which is Cost of Goods Sold.    Currently, Amazon pays $.774 for every $1 product it sells.  Its operations add another ~$.20 to that total.  After taxes, Amazon keeps about 2 cents of every dollar's worth of product it sells.  This 2 cents is Amazon's net margin of 2%.  Net margin is (net income)/(sales).  If Amazon earned $3 for every $100 in sales it would have a net margin of 3%.     Let me know if this makes no sense.  If there's anything in particular that is especially confusing, definitely reply and I'll better clarify on specific items.  Fire away with any questions, also.  I love to discuss finance and accounting.\""}
{"_id": "513938", "title": "", "text": "This may make Australian exports cheaper, which can be a good thing. However it is at the expense of making imports more expensive. Look to Japan, which is devaluing their currency, and is a large importer of energy:  I wont say its bad or unnecessary to hold money in other currencies. However, keep in mind that all AUD-denominated assets will, or at least should, rise as the currency falls. If just AUD/USD falls this may not apply, but if AUD is weakened all around it should hold true. Again, look to Japan, where the Nikkei is closely correlated with the strength of the yen:  Another possibility is to buy gold which should rise in AUD terms but other forces are at work with gold price so some would not agree with this."}
{"_id": "513942", "title": "", "text": "\"The broker will charge borrowing fees and sometimes a charge called \"\"hard-to-borrow fee\"\". Other than that you will earn interest on the cash you get from selling the stocks, but you will have to pay dividends.  This is because someone else (the party you sold the stocks off to) will now get the dividends and the party who lent you the stocks will miss out on these, that's why you have to remunerate them. The type of account you need is entirely up to your broker (and besides, it depends on what a 'normal' account for you is, you should at least mention your country or your broker).\""}
{"_id": "513953", "title": "", "text": "Best is indeed subjective. You could for example, get a Universal Life Policy that pays a guaranteed interest on all monies (even those in excess of what you need to pay to cover the policy). Most people will tell you (probably correctly) that using life insurance as an investment vehicle is a bad idea, however.  The growth of the money in a UL policy, however, is usually tax deductible and grows at a guaranteed rate. NWML here in the U.S. pays a guaranteed (unless they go broke I suppose) 4% per year; historically, however, they've been paying 6% per year. That's pretty good, except a lot of your money goes into buying the policy the first few years."}
{"_id": "513960", "title": "", "text": "While I think this percentage is a little bit strong of an overestimate, if social media and website building companies can make it easy to prove ROI for their products, then it'll certainly increase over time."}
{"_id": "513973", "title": "", "text": "There are some good answers in general, and I have a slightly different solution, which won't fit as a comment to one of the other answers. I am of course not a lawyer and this is not legal advice."}
{"_id": "513980", "title": "", "text": "If you are trying to weed out companies that are fronts for scams, one way is to look for a physical address that checks out with the phone book and a phone number posted on the site that connects you to an actual person. By itself this isn't a guarantee that the company is legit, but it will weed out a large number of fraudulent companies hiding behind PO boxes. That is, companies that defraud a lot of people don't usually make it very easy to track them down or contact them to complain or sue them."}
{"_id": "513981", "title": "", "text": "All distributions from a regular (non-Roth) 401k are regular income.  IRS: Distributions, including earnings, are includible in taxable income at retirement (except for qualified distributions of designated Roth accounts)."}
{"_id": "513986", "title": "", "text": "\"Here are the risks involved with student loans: So - what happens if you decide (or are forced) not to finish school (50% of students don't)?  You have no degree to boost income, but still have the debt.   What happens when you graduate and want to use that saved cash buy a house, car, etc., and treat the student loans as a monthly bill?  The next thing you know you're loan-poor and are struggling to make your monthly payments just like most other \"\"normal\"\" people. You aren't going to earn significant interest on your cash while you're in college (and it will not outpace inflation), and there's significant risk of your college savings losing money if they're not in risk-free investments, so it would NOT be wise to take out student loans when you have the means to cash-flow it. Also, student loans generally charge a roughly 1% fee, so that actually negates the interest you earn in your savings account. Plus you already have money in a 529 plan that is meant for college expenses (and cannot be used to pay student loans) - use that money for what it's for.\""}
{"_id": "513991", "title": "", "text": "\"Forget the math's specifics for a moment: here's some principles. Additional housing for a renter gives you returns in the form of money. Additional housing for yourself pays its returns in the form of \"\"here is a nice house, live in it\"\". Which do you need more of?  If you don't need the money, get a nicer house for yourself. If you need (or want) the money, get a modest house for yourself and either use the other house as a rental property, or invest the proceeds of its sale in the stock market. But under normal circumstances (++) don't expect that buying more house for yourself is a good way to increase how much money you have. It's not. (++ the exception being during situations where land/housing value rises quickly, and when that rise is not part of a housing bubble which later collapses. Generally long-term housing values tend to be relatively stable; the real returns are from the rent, or what economists call imputed rent when you're occupying it yourself.)\""}
{"_id": "514001", "title": "", "text": "&gt;Chattel slavery would still be commonplace  not sure where you're pulling that one from tbh.   &gt;general trend in history is towards more individual liberty  or that one, social liberty is at an all time high in the west, but economic liberty has a huge history of ups and downs. I'm not sure we're at a high"}
{"_id": "514002", "title": "", "text": "There are stores that buy ugly or close to expiration produce and sell it super cheap.  Its great if you're baking, canning, or making a big fruit salad for a party because you can get a bunch of stuff super cheap. Its not that good if you're trying to stock up on produce because most of it will start going bad the next day."}
{"_id": "514003", "title": "", "text": "How about placing the money in a safety deposit box at the same bank? This will probably work out cheaper than the loss due to negative rates. Although, I'm quite sure the banks won't like this idea."}
{"_id": "514045", "title": "", "text": "\"If a company earns $1 Million in net profit (let's say all cash, which is not entirely realistic), it can do one of three things with it: On the balance sheet - profits that have not been distributed show up as \"\"retained earnings\"\".  When dividends are paid, Retained Earnings and cash are reduced. None of the other options change the fact that it is still \"\"profit\"\" - they all just affect the balance sheet, not the income statement: Note that when a company issues dividends, it reduces its per-share value since cash is leaving the door with nothing in return.   In Apple's case, since a significant amount of its profit was earned in other countries (where it was not taxed by the US), it would pay a significant amount in US corporate tax by bringing it back to the US by investing it or paying dividends. They are betting that at some point, the US will change the rules to make it more favorable to \"\"repatriate\"\" the money and reduce their tax significantly.\""}
{"_id": "514048", "title": "", "text": "If you feel the house will appreciate, I'd say go for it.  I'm not familiar with the Denver market but real estate can be a great way to build wealth.   Besides, it seems like at this point you would lose your earnest money deposit if you back out. I do agree with people here though about the potential risk.  The only way to make money is if the property appreciates. In Seattle, properties have appreciated like crazy in the past 5 years.  Some have even gone up by 3x or 4x of what it was before.   If you are right about appreciation in your market, this could be a gold mine. With all investments, there is risk involved. If you do plan to move forward, here are some suggestions: Best of luck!"}
{"_id": "514055", "title": "", "text": "\"Don't listen to the retarded \"\"do-gooder\"\" idiots on this site who think she shouldn't reneg because of some honor or morality bullshit.  You have a contract between two people.  It states what will happen when you pay (keep car) and what will happen when you don't (they take car). Defaulting isn't an inherent bad thing. There are consequences for it.  If you decide to default or to not pay a loan and you're ok with the consequences then do it. The person writing the loan knows the risk they're getting into and they're ok with it. So do what is best for you.  As for your original question, sorry I don't have an answer.  I don't think anything will happen to her in the U.S. but she might have trouble later on if she decides to move back to Japan or even visit Japan.  Or her family may be held accountable for it.  No idea.  I don't know how Japanese laws works. Hopefully someone here will help but the best thing would be to talk to a lawyer in both the U.S. and in Japan.\""}
{"_id": "514058", "title": "", "text": "\"There's an ideological/psychological aspect of this too apart from the practical problems. Eurozone leaders keep saying the mantra: conversion to the euro is \"\"irreversible\"\". There are analogies of this in recent history, it reminds me of the soviet leaders and their belief that communism is where history ends. They genuinely thought that once a communist system is built up in a country, it would stay forever. They believed in the superiority of their system, among other things this lead to the isolation of the Soviet Union from the West and the start of the Cold War. Then, in 1956 they were proven wrong with the Hungarian revolution and while they tried to \"\"clean up\"\" the situation as fast as they could and forget about it, their downhill inevitably started.  Back to the present, you can easily see the importance of keeping Greece in the EZ. If Greece exits, the illusion of the irreversibility of the Euro is gone, and it would start to fall apart.\""}
{"_id": "514084", "title": "", "text": "\"Congratulations on getting married!  As far as the IRS is concerned, you are a married couple for all of this year for tax purposes. The 2014 HSA contribution limit for you and your husband together is $6550.  This limit applies to both of you together, whether you file jointly or separately.  So it looks like you and your husband have excess contributions this year.  You'll need to withdraw some contributions, either in your account or your husband's account, to get under $6550 total for the year. If you choose to take this money out of your account, since you have already spent this money out of your HSA, you won't actually receive a check from the withdrawal.  Instead, the money that you have already spent will be recategorized from a normal HSA medical distribution to an excess contribution withdrawal.  When you get your 1099-SA form from your HSA bank at tax time, the distributions will be coded as excess contributions distributions.  In addition, the form will include the amount of any earnings (interest) that you received on your excess contributions. At tax time, you'll need to examine your W-2 form from your employer closely.  If the form does not include the amount that the employer HSA contribution in your taxable income, you'll need to add this amount as \"\"Other income\"\" on your taxes.  You'll also need to include any earnings on the excess contributions reported on the 1099-SA. Since your husband funds his own HSA and doesn't have any employer contributions to it, you might find it easier to withdraw the excess contributions from his HSA instead of yours.  To do this, you need to tell his HSA bank that the withdrawal is an excess contribution withdrawal so that it gets reported correctly on his 1099-SA.  There won't be any changes to his W-2, and the only \"\"other income\"\" he'll need to report is any earnings on the excess contributions from his 1099-SA. The instructions for Form 8889, line 13 explain what to do in the event of an excess contribution (note: The text here is from the 2013 version of the instructions): Line 13 If you or someone on your behalf (or your employer) contributed more to your HSA than is allowable, you may have to pay an additional tax on the excess contributions. Figure the excess contributions using the following instructions. See Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts, to figure the additional tax. Excess Contributions You Make To figure your excess contributions (including those made on your behalf), subtract your deductible contributions (line 13) from your actual contributions (line 2). However, you can withdraw some or all of your excess contributions for 2013 and they will be treated as if they had not been contributed if: You make the withdrawal by the due date, including extensions, of your 2013 tax return (but see the Note under Excess Employer Contributions, later), You do not claim a deduction for the amount of the withdrawn contributions, and You also withdraw any income earned on the withdrawn contributions and include the earnings in \u201cOther income\u201d on your tax return for the year you withdraw the contributions and earnings. Excess Employer Contributions Excess employer contributions are the excess, if any, of your employer's contributions over your limitation on line 8. If you made a qualified HSA funding distribution (line 10) during the tax year, reduce your limitation (line 8) by that distribution before you determine whether you have excess employer contributions. If the excess was not included in income on Form W-2, you must report it as \u201cOther income\u201d on your tax return. However, you can withdraw some or all of the excess employer contributions for 2013 and they will be treated as if they had not been contributed if: You make the withdrawal by the due date, including extensions, of your 2013 tax return (but see the following Note), You do not claim an exclusion from income for the amount of the withdrawn contributions, and You also withdraw any income earned on the withdrawn contributions and include the earnings in \u201cOther income\u201d on your tax return for the year you withdraw the contributions and earnings. There are further instructions on what to do if you don't take care of this until a future year, but it is much better and easier if you take care of this before the end of this year, and handle it correctly on your tax return. I believe that this is how it will all work; however, you'll want to confirm all of this with someone who knows what they are talking about and can look at your individual situation.  Hopefully, this answer gives you enough information to be able to ask the right questions.\""}
{"_id": "514101", "title": "", "text": "Companies have this weird view of what their workers are doing: if you don't care that your employees get on Facebook at work, then you shouldn't care if they do it at home.  As a consultant who travels around I always laugh when companies only want you to keep track of what you work on when they are at home."}
{"_id": "514107", "title": "", "text": "I concur that you should probably go with option 1.  And that is coming from a guy that refinanced all three of his properties with down to 20% equity 3 years ago to lock in either 4% 30 year fixed or 2.75% 15 year mortgage.  And I will not pay them off early because I do think I can do better than that in the market even if inflation is 0% for the next 30 years.  Just imagine when the fed stops manipulating tax rates.  I could be making more than 4% just in a checking account."}
{"_id": "514123", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/Shitstatistssay] [Wages Have Fallen Because Politicians and Corporations Only Care About Short-Term Profits Not Long Term Visibility](http://np.reddit.com/r/Shitstatistssay/comments/2dgfcc/wages_have_fallen_because_politicians_and/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "514129", "title": "", "text": "\"My suggestion would be that you're looking at this the wrong way, though for good reasons.  Once you are a family, you should - and, in most cases I've seen, will - think of things differently than you do now. Right now, your post above is written from a selfish perspective.  Not to be insulting, and not implying selfish is a bad thing - I don't mean it negatively.  But it is how you're defining this problem: from a self-interested, selfish point of view.  \"\"Fair\"\" and \"\"unfair\"\" only have meaning from this point of view; something can only be unfair to you if you come from a self-centered viewpoint. Try to think of this from a family-centric viewpoint, and from your significant other's point of view. You're absolutely right to want both of you to be independent financially as far as is possible; but think about what that means from all three points of view (your family's, yours, and hers)? Exactly what it means will depend on the two of you separately and together, but I would encourage you to start with a few basics that make it likely you'll find a common ground: First of all, ensure your significant other has a retirement account of her own that is funded as well as yours is.  This will both make life easier if you split up, and give her a safety net if something happens to you than if you have all of the retirement savings.  I don't know how your country manages pensions or retirement accounts, but figure out how to get her into something that is as close to equal to yours as possible. Make sure both of you have similar quality credit histories.  You should both have credit cards in your own names (or be true joint owners of the accounts, not just authorized users, where that is possible), and both be on the mortgage/etc. when possible.  This is a common issue for women whose spouse dies young and who have no credit history.  (Thanks @KateGregory for reminding me on this one) Beyond that, work out how much your budget allows for in spending money for the two of you, and split that equally.  This spending money (i.e., \"\"fun money\"\" or money you can do whatever you like with) is what is fundamentally important in terms of financial independence: if you control most of the extra money, then you're the one who ultimately has control over much (vacations, eating out, etc.) and things will be strained.  This money should be equal - whether it is literally apportioned directly (each of you has 200 a month in an account) or simply budgeted for with a common account is up to you, whatever works best for your personal habits; separate accounts works well for many here to keep things honest. When that money is accounted for, whatever it is, split the rest of the bills up so that she pays some of them from her income.  If she wants to be independent, some of that is being in the habit of paying bills on time.  One of you paying all of the bills is not optimal since it means the other will not build good habits.  For example, my wife pays the warehouse club credit card and the cell phone bill, while I pay the gas/electric utilities. Whatever doesn't go to spending money and doesn't go to the bills she's personally responsible for or you're responsible for (from your paycheck) should go to a joint account.  That joint account should pay the larger bills - mortgage/rent, in particular - and common household expenses, and both of you should have visibility on it.  For example, our mortgage, day-care costs, major credit card (which includes most of our groceries and other household expenses) come from that joint account. This kind of system, where you each have equal money to spend and each have some household responsibilities, seems the most reasonable to me: it incurs the least friction over money, assuming everyone sticks to their budgeted amounts, and prevents one party from being able to hold power over another. It's a system that seems likely to be best for the family as a unit.  It's not \"\"fair\"\" from a self-centered point of view, but is quite fair from a family-centered point of view, and that is the right point of view when you are a family, in my opinion. I'll emphasize here also that it is important that no one party hold the power, and this is set up to avoid that, but it's also important that you not use your earning power as a major arguing point in this system.  You're not \"\"funding her lifestyle\"\" or anything like that: you're supporting your family, just as she is.  If she were earning more than you, would you cut your hours and stay at home?  Trick question, as it happens; regardless of your answer to that question, you're still at the same point: both of you are doing the thing you're best suited for (or, the thing you prefer).  You're both supporting the family, just in different ways, and suggesting that your contribution is more valuable than hers is a great way to head down the road to divorce: it's also just plain incorrect.  My wife and I are in almost the identical situation - 2 kids, she works part time in the biological sciences while spending plenty of time with the kids, I'm a programmer outearning her significantly - and I can tell you that I'd more than happily switch roles if she were the bread earner, and would feel just as satisfied if not more doing so. And, I can imagine myself in that position, so I can also imagine how I'd feel in that position as far as how I value my contribution.\""}
{"_id": "514139", "title": "", "text": "The question is not whether CFA charterholders are better investment managers but rather whether starting (or having completed) your CFA will land you a better job. It's been my experience that it does, which is why so many people pursue it"}
{"_id": "514141", "title": "", "text": "Quick and dirty paper but pretty interesting.. I'm not in Portfolio Management but I probably would have ended up at the modal number as well.   I don't know the subject deeply enough to answer my own question, but is the bias always toward underestimation of variance? Or is that a complex of the way the problem was set up?   Another question I have for those in investment management; Would this impact asset allocation?"}
{"_id": "514145", "title": "", "text": "Be prepared to drive another 500 km to prove your claim. If you file your claims, normally you should claim interest at the bank rate on savings bank accounts. However, in most such situations, the rate is specified in the law. If not, your claim will not be entertained in a normal way. You may to file a suit for recovery of interest. Keep us posted on your progress."}
{"_id": "514146", "title": "", "text": "* Why do I have to login before I can do anything besides read the cryptic text on the right?  * Why is this better than kickstarter?  * Is there anything more to this than a spaceman background and some very buzz-wordy text?  * Why did you re-submit this to /r/business after you submitted it three days ago?"}
{"_id": "514155", "title": "", "text": "\"You should probably call the travel agency and complain. Not that they will care, but if by any chance they do - they can ask PayPal to remove the block. This is what is called \"\"authorization pending\"\". Usually, a credit card transaction has two stages: The merchant requests its payment processor to authorize the transaction. The processor will contact the card issuer with the transaction details and will get the authorization code which will be passed to the merchant. At that stage the transaction enters the \"\"pending\"\" stage on your account. The merchant submits the transaction and gets the money from its payment processor, who forwards the transaction to the card issuer and gets the money from there. The card issuer charges the card owner. The transaction should have the same authorization code received in step #1, and by matching it to the pending transaction, the card issuer removes the pending transaction, and posts the actual transaction. However, if the transaction in step #2 doesn't include the code from step #1, the match doesn't occur and you see the situation you have now: both the actual transaction and the pending are active. In this case the merchant should contact its merchant processor and request the revocation of the authorization code. The processor will then forward the request to the card issuer, who will then remove the pending transaction. As you can see - multiple parties have to actually care for that to happen, and many times they don't, because they don't have to. As to the period - it's up to the card issuer (PayPal in your case), but 1 month is a very long time. Usually it's about a week or two, unless it's a hotel/car rental. In any case - once it expires, it will go away on its own and if you don't mind for the amounts to be blocked until then - just let it expire. The fact that you used a debit card for this transaction is irrelevant. Unless it was a pin transaction, debit card transactions are processed as credit card transactions by processors. For pin transactions, there process is different and you shouldn't see doubles. If it was a pin transaction - contact PayPal and check with them what's going on. Generally, PayPal is not to be used as a \"\"bank account\"\", it is merely a payment processor, and it is advised to remove the money from there as soon as possible.\""}
{"_id": "514166", "title": "", "text": "I'm with you, it is my favorite fast food joint.  I travel around North America often and it is the place where I get the best value at the best price.  Burger King is gross, I've given it enough chances.  The Big King... ewww. Taco Bell always leaves me disappointed.  The other US chains (Jack In The Box or Hardys) also somehow end up in a greasy mess.  But McDonald's has been consistent."}
{"_id": "514171", "title": "", "text": "take a look at this graph here: http://mortgagevista.com/#m=1&a=40000&b=4&c=30y&B&oa&ob&oc&od It shows how much it costs to borrow $40k for 30 years. You did not post your mortgage rate or loan term, so I used 4% over 30 years (you can easily update this with your actual details). While this does not show the costs of your total mortgage, it does help you get an idea of just how much the 40k$ in question is costing you in interest. If you hover over the month one year from now you will see that you will have paid around $1587 in interest over the course of the year. If you were to put the full 40k$ toward your mortgage right now, you would avoid having to pay this interest over the next year.  The next question I think you would have to ask yourself is if there is anything else you could do with that money that is worth more than the $1587 to you.  Is it worth $1587 to keep those funds liquid/available in case you need to use them for something else? Could you find other investments you feel comfortable with that could earn you more than $1587?  Is it worth the hassle/risk of investing the funds somewhere else with a better return? If you can't come up with anything better to do with the money then yes, you should probably use the funds (or at least part of them) towards the mortgage."}
{"_id": "514176", "title": "", "text": "It isn't about the US. Most GM sales are already outside its home country and that will only increase. China is already its second-largest market, and China has already announced that it will soon ban gasoline and diesel cars. Britain and France have said the same, and it appears that India and the Netherlands may be next."}
{"_id": "514198", "title": "", "text": "\"I've found that the most effective way to get things done is to communicate directly in person, or over the phone if the former is not possible, then to follow up with an immediate email - \"\"per our conversation, etc.\"\"  This allows the natural personable conversations to occur, connecting you with you team members and direct reports, while also holding everyone accountable in writing.  Accountability isn't about being able to say \"\"I told you so!\"\" nor is it about waiting for an opportunity to make someone look bad. Accountability is about ensuring that no one falls behind or lets the team down in the first place through preventative measures.  This comes back full circle to my point on personable communication; the most effective method of management in my experience is simply leading by example. When you lead by example you never need to threaten employees with discipline or \"\"accountability;\"\" you simply do what you do and if people respect you for the way you work, they will look up to you as a role model. Your team members will do everything they can to support the team's objectives on their own accord.  Source: I learned this through a former manager. He motivated me to be more committed to the team's objectives and now I get to pay that forward to my direct reports.  Edit: typos, on mobile.\""}
{"_id": "514204", "title": "", "text": "Apart from exchanging marriage vows, your wedding is the day when you have to show your guests how well you can serve them in terms of entertainment, food, lavishness and other pleasures. For entertainment, you can rely on us \u2013 Dynamic Roadshow. We are counted amongst the notable Asian wedding Djs who play the best mix of Indian wedding music. Our spectacular performance is going to help you make your wedding memorable."}
{"_id": "514216", "title": "", "text": "The DAPL project is to access bakken  crude from North Dakota. There was some talk of tying it to the Canadian sand fields but the price of crude has made that a no go.  https://www.google.com/amp/amp.mcclatchydc.com/news/nation-world/national/article118999808.html   Map of DAPL https://www.nytimes.com/interactive/2016/11/23/us/dakota-access-pipeline-protest-map.html  It would terminate into pakota terminal and be routed to refineries throughout the Midwest."}
{"_id": "514225", "title": "", "text": "One of things I've learned about trading on the stock market is not to let your emotions get to you. Greed and fear are among them. You may be overthinking. Why not keep it simple, if you think it can go up to $300 a share, put in a stop loss at $X amount where you would secure your invested money along with some gains. If it goes up, let it go up, if it doesn't well you got an exit.  Then if it goes up change your stop loss amount higher if you are feeling more optimistic about the stock.  And by the way, a disciplined investor would stick to their strategy but also have the smarts to rethink it on the fly such as in a situation like you are in. Just in my opinion anyway, but congrats on the gain! Some gains are better than none."}
{"_id": "514228", "title": "", "text": "You need the salt to make a rainbow table. I can definitely see both sides to this argument, but I've never been convinced unique salts were more secure than a static salt consider they must be saved in the database."}
{"_id": "514231", "title": "", "text": "As part of this acquisition 96% of the shareholders accepted an offer for their shares This means that most of the shareholder agreed for the sale. If this was less than specified percentage, the deal would not have gone through. To make it easier, there were 2 options present to shareholder, full exchange of shares of Infinera or part shares and part cash. I failed to do so as I was unwell at the time So you cannot now choose the option. There will be a default option of getting the equivalent shares in Infinera. What options are available to me now? Contact Infinera investor relations and ask them."}
{"_id": "514238", "title": "", "text": "\"Yes you tell them.  I can say that I pay cash for all my cars and always get cars for lower than the TrueCar low-end.  There are basically two steps: go test drive, negotiate fully, leave (unless you are given a mind-blowing offer).  This may take you one to many dealerships.  It depends on how well you know what car you want and how much a dealership will negotiate.   you pick a night that another dealership that specifically has the car you want (or multiple - even better) is open and you go in 30-45 mins before they close.   Paying cash is key for this to work.  By the time you get to numbers they will be almost closed.  Their finance guy might be gone so you will get your salesman and a manager.  I will use my last car as an example.  Toyota Highlander 2015 with MSRB 32,995.  TrueCar at 29,795 with a good deal at 29,400.  I simply talked to my sales guy said I would like to walk out with the car tonight.  I have already talked to XYZ dealership and they offered me 28,500 - which is already below TrueCar low price.   I asked for $27,900.  Boom 10 minutes later car bought at 28,100. Cash is king.  The sales guy and manager will bite the bullet on profit for ease of sale.  Going in late is the key to using the cash.  You don't have the finance guys jumping in and you have less people to move through.  Also they know they have limited time to deal and if you walk off the lot there is less than 10% chance of you coming back - they want to close.  They are making minimal profit but doing minimal work.  With cash your sales guy is on your side because you are basically throwing him a couple hundred dollars at the end of a shift (where most would just be sitting around watching TV). Some other tips: be fair.  If they would have said 28,300 is our lowest that we can go and that's it.  I probably would have still got the car.  Dealerships will tell you their lowest price if you are close and you are still below it. since they didn't show me their lowest price I didn't budge much but still budged a bit to show good sport.   They brought their invoice number out to show that at 28,100 that they were going to lose $1500 on the car.  I made the manager laugh because my response was to bring up KBB and show the used car price for the car, which was minus $2000.  So I just said, \"\"Well you lost $1500 but I lose $2000 driving this off the lot.\"\"  I then went back to $27,850 to meet in the middle of \"\"losing\"\" money.  This actually closed the deal.  Anyway don't ever believe any piece of paper they show you with numbers.  These dealerships get monthly bonuses on sales and that is a lot of their profit past selling your trade-in. If you actually value your money you would never be trading in a car to a dealer so if you are paying cash, sell your own car or at least take it to a place like CarMax which I don't endorse but better than dealer.\""}
{"_id": "514257", "title": "", "text": "\"I think it's also a lesson to learn from this to document everything with a pen and paper. A dated note entry stating \"\"X member of management asked me to do Y\"\" could have gone a long way towards keeping this guy out of jail.\""}
{"_id": "514260", "title": "", "text": "Check use is declining here too, but it still has some practical advantages over electronic means:"}
{"_id": "514271", "title": "", "text": "\"It's a form of market manipulation.   It makes it look like there is high trading volume, which gets attention from speculators and technical traders who see a ton of volume and think that there is some kind of news announcement or something. People start buying it so they don't miss out on whatever it is that \"\"everyone else\"\" is doing, and the price goes up.\""}
{"_id": "514276", "title": "", "text": "It's hard to say for smaller cap firms because they are all so different. Take a look at SandP or other rating agencies at about the BB range. Then decide how much of a buffer you'd like. If all goes to hell, do you want to be able to cover all you salaries, debt etc for three months? Six? What kind of seasonal volatility does your industry face? Do you plan on any significant investment or FTE uplift any time soon? This will all play into how much retained earnings you will chose to have."}
{"_id": "514279", "title": "", "text": "Quick pay off the student loans. You have 140K in savings with a combined salary of 170K. You are looking to make money with the 140K, so just pay off the loans. It will turn your monthly loan payments in to a stream of money that can be used to save money for the next house.  Assume: The rest of the 700K needed for a 1.5 Million dollar house has to come from savings and the profit from selling the first house. If the house sells for loan balance +300K you still need 400K in savings.  Turning 140K into 400K in 5 years will funneling a large amount of your income into savings or excellent returns. Of course there is no way to predict return or what will happen to the market. If you don't sell the first home, you can rent the house. You either hope that the rental you charge allows you a positive cash flow. Or you hope that the house appreciates in value, so you hold on to it even if the rental income is a little below break even. Of course some keep the house because they can't sell it. In your case the equity might be more important for you to purchase the next house."}
{"_id": "514281", "title": "", "text": "\"(I agree with the answers above; would just like to make a couple of additional points.) It's a good and simple strategy to try it out with a small amount as suggested by @JoeTaxpayer\u2666. It's also generally safe to assert that card issuers currently don't receive or actively look at itemized transaction details. But that does not mean they cannot in the future. Some stores utilize level 3 data processing, which tells the card issuers exactly what you bought in a transaction. An example of level 3 data being utilized to reject rewards is with Discover, which announced a 10% cashback reward for any transactions made with Apple Pay last year. It later introduced an additional term to exclude gift card purchases. And this has been verified to be effective - no more reward on gift card purchases; clawback of cashback on existing gift card transactions. As far as I know, Amex does receive and look at some level 3 data retrospectively. That does not necessarily mean they will claw back your cashback after initially rewarding the 6%. But it might show up if you ever trigger an account review, and be used as evidence of your \"\"abuse\"\" of the program (which BTW is defined rather subjectively). There has been many cases of account shutdowns because of this. Card issuers are also trying to do a better job preventing \"\"abuses\"\" by proactively setting caps on rewards (as opposed to closing those accounts afterwards and taking the rewards away altogether). Given the trend in recent years, I have to speculate that at some point the card issuers would put clear language in the terms against gift card purchase and enforce it effectively (if they haven't already). This reward game is constantly changing. It's good while it lasts. Just be prepared and don't get surprised when things go south.\""}
{"_id": "514304", "title": "", "text": "No, deliberate means intentional.   Consider a murder trial. Murder requires the prosecution to prove intent, but it doesn't require the defendant to confess (though would be adequate proof).  What do you think makes democracy morally superior to \u00e0 meritocracy?"}
{"_id": "514305", "title": "", "text": "I actually deal with the regulators, and am familiar with the regs. So no, I'm not getting my information from the news.  There's a really strong bias there. The news is only going to mention things that seem objectionable. Believe it or not, everyone in government is not crooked."}
{"_id": "514311", "title": "", "text": "I completely agree (I'm also fully on board with the principles of OWASP).   I think what makes this case interesting is that the data Equifax collects is deeply personal but also deeply relevant to their business model. So many other businesses collect much more personal data than required for their business. However in this case, Equifax is required to collect some of the most personal data in existence and failed at protecting it.   My point in the previous post was that the centralization of collected data is a systemic risk which ends in a compromise (and ultimately catastrophic failure) of the entire system.   Suppose Equifax, instead of storing all 143 million records in one database, had 143 *different* databases in 143 different locations, completely compartmentalized from each other. The risk of compromise would mean a million people's data would be exposed and not 143 million."}
{"_id": "514317", "title": "", "text": "I believe you. A coworker of mine had a house on one of their shows and after \u201crenovating\u201d the house it was actually in worse shape than before they came in. Got paid nothing and the damage from the show cost tens of thousands the fix."}
{"_id": "514330", "title": "", "text": "&gt; By that vein, air is a product you consume on a daily basis. Should someone work to monetize oxygen now? There must be a rational limit on where you draw the line of short term profit versus long term social sustainability.  Air is an abundant resource with no scarcity thus a poor candidate for a for-profit venture.  The rest of your post really reads like you have committed to the zero-sum fallacy of economics and I really don't know how to argue against it."}
{"_id": "514350", "title": "", "text": "Brownbag your lunch and make coffee at home.   If your current lifestyle includes daily takeout lunches and/or barista-made drinks, a rough estimate is you have a negative cash flow of $8-20 per day, $40-100 per week, $2080-5200 per year.   If you have daily smoothies, buy a blender.  If you have daily lattes buy an espresso maker.  I recently got myself a sodastream and it's been worth it.   Until you have a six figure portfolio, you aren't going to swing a comparable annual return differential based on asset allocation."}
{"_id": "514357", "title": "", "text": "You cannot withdraw funds from a 401(k) while still employed with your company. To access your contributions, that would be treated as a loan against the 401(k), in which case you'd pay an upfront fee, and then have to repay the amount loaned, plus interest, over a set period of time. (In essence, you are paying back yourself.) Typically, there is also a minimum amount you must take out as a loan. Should you leave the job and still have an outstanding loan against your 401(k), it will be treated as a withdrawal after a certain date, at which point a 10% penalty plus taxes applies, unless you pay back the full amount of the loan remaining before that certain date. Your friends should seriously consider contributing the minimum amount necessary to get that full 50% matching amount. It's free money. As you said, it's like leaving money on the table."}
{"_id": "514374", "title": "", "text": "Check your calculation of A**. I was able to duplicate their calculations using excel. Make you sure have accounted for all the terms, it can be easy to be one off. They are making a guess at the interest rate which will be wrong, then they are adjusting it to see how wrong it is, then making another adjustment. They will repeat until they see no movement in the guesses."}
{"_id": "514375", "title": "", "text": "\"Yes, the price of a stock is what investors think the value of a stock is, which is not tied to profits or dividends by any rigid formula. But to say that therefore the price could be high even though the company is doing very poorly is hypothetically true, but unlikely in practice. Consider any other product. There is no fixed formula for the value of a used car, either. If everyone agreed that a rusting, 20-year old car that doesn't run is worth $100,000, then that's what it would sell for. But that's a pretty big \"\"if\"\" at the beginning of that sentence.  If the car had been used in some hit TV show 20 years ago, or if it was owned by a celebrity, or some such special case, maybe a rusting old car really would sell for $100,000. Likewise, a stock might have a price higher than what one would predict from its dividends if some rich person wanted to buy that company because the brand name brings back nostalgic memories from his youth and so he drives the price up, etc. But the normal case is that, in the long term, the price of a stock tends to settle on a value proportional to the dividends that it pays. Or rather, and this is a big caveat, the dividends that investors expect it to pay in the future. And then adjusted for all sorts of other factors and special situations, like the value of the company if it was to be liquidated, etc.\""}
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{"_id": "514406", "title": "", "text": "Not all futures contracts are deliverable.  Some futures are specified as cash settlement only. In the case of deliverable contracts, part of the specification of a futures contract will be the delivery locations.  As per my answer to your previous question, please see the CME Rulebook for details of delivery points for the deliverable futures contracts traded on CME, CBOT, NYMEX, and COMEX. Assuming your agreement with your broker allows you to exercise your right to take delivery, your broker will facilitate your delivery.  You will be required to pay the contracted amount (your buy price x contract size x number of lots), as well as a delivery fee, insurance, and warehousing fees.  In addition, your broker may charge you a fee for facilitating the delivery. You will be required to continue to pay insurance and warehousing fees so long as your holding of the underlying commodity is held in the exchange's designated warehouse. If you wish to take delivery yourself by having the commodity removed from the warehouse and delivered to you personally, then you will need to arrange this delivery yourself. Warehouse/delivery points obviously vary according the contract being exercised. See the CME Rulebook for available delivery points.  Some exchanges are more accommodating than others. The practicality of taking delivery very much depends on your personal circumstances.  An investment bank taking delivery of treasury bonds would be more practical than an individual investor taking delivery of treasury bonds.  This is because the individual investor would be required to deliver the bonds to a brokerage in order to sell them.  In the case of non-financial futures deliveries, it is hard to imagine any circumstance where an individual taking delivery would be practical."}
{"_id": "514417", "title": "", "text": "\"Invest in other currencies and assets that have \"\"real\"\" value. And personally I don't count gold as something of real value. Of course its used in the industry but besides that its a pretty useless metal and only worth something because everybody else thinks that everybody thinks its worth something. So I would buy land, houses, stocks, ...\""}
{"_id": "514425", "title": "", "text": "As long as your bank does not have any limits on the number of transactions per month you should be fine. The danger would be theft while you had the money before depositing into the new account. I would expect that your new credit union could do a wire transfer for you. It might cost you a few dollars but it would be safer and probably faster."}
{"_id": "514445", "title": "", "text": "Name a African country that wasn't a once a colony of Great Britain, France, Belgium or Europe?   Or you forgetting the US and USSR using African nations as proxy combats during the cold war?   How much of the African nations send their resources to Western or technologically advanced nations?"}
{"_id": "514454", "title": "", "text": "You mention you have an LDD. If your income is below a certain threshold (as of today, 19 255 \u20ac a year for a single person; quite likely if you're just a student), then you can open a Livret d'\u00e9pargne populaire (in short, LEP). It works almost exactly the same as a Livret A / LDD, except that: Just like a Livret A / LDD: You should fill it up first before putting money in your LDD (assuming your Livret Jeune is maxed out, they have typically a higher rate than the LEP). If your bank is anything like mine, the very existence of the LEP is not very well-advertised, and I found that not many people are even aware that they exist. PS: The French administration's website has a whole section dedicated to financial matters. It's usually very clear and detailed. I advise you to check it out."}
{"_id": "514500", "title": "", "text": "I do believe it comes down to listing requirements.  That is getting very close to penny stock territory and typical delisting criteria.  I found this answer on Ivestopedia that speaks directly the question of stock price. Another thought is that if everyone were to do it, the rules would change.   The exchanges want to promote price appreciation.  Otherwise, everything trades in a tight band and there is little point to the whole endeavor.  Volatility is another issue that they are concerned about.  At such low stock prices, small changes in stock prices are huge percentage changes.  (As stated in that Ivestopedia answer, $0.10 swing in the price of a $1 stock is a 10% change.) Also, many fraudsters work in the area of penny stocks.  No company wants to be associated with that."}
{"_id": "514512", "title": "", "text": "\"practice using excel more  read more books on investing, practice making investing thesis, practice remaining \"\"nice\"\" while getting good and bad critique, expand your knowledge (it is impossible to be the best at everything in investing due to the multiple forms of investing that have contradicting principles), and think economics.  Finance will be useless if you have a very limited understanding of \"\"scarcity\"\"\""}
{"_id": "514529", "title": "", "text": "\"The 0.14% is coming out of the assets of the fund itself. The expense ratio can be broken down so that on any given day, a portion of the fund's assets are set aside to cover the administrative cost of running the fund. A fund's total return already includes the expense ratio. This depends a lot on what kind of account in which you hold the fund. If you hold the fund in an IRA then you wouldn't have taxes from the fund itself as the account is sheltered. There may be notes in the prospectus and latest annual and semi-annual report of what past distributions have been as remember the fund isn't paying taxes but rather passing that along in the form of distributions to shareholders. Also, there is something to be said for what kinds of investments the fund holds as if the fund is to hold small-cap stocks then it may have to sell the stock if it gets too big and thus would pass on the capital gains to shareholders. Other funds may not have this issue as they invest in large-cap stocks that don't have this problem. Some funds may invest in municipal bonds which would have tax-exempt interest that may be another strategy for lowering taxes in bond funds. Depending on the fund quite a broad range actually. In the case of the Fidelity fund you link, it is a \"\"Fund of funds\"\" and thus has a 0% expense ratio as Fidelity has underlying funds that that fund holds. What level of active management are you expecting, what economies of scale does the fund have to bring down the expense ratio and what expense ratio is typical for that category of fund would come to mind as a few things to consider. That Fidelity link is incorrect as both Morningstar and Fidelity's site list an expense ratio for the fund of funds at .79%. I'd expect an institutional US large-cap index fund to have the lowest expense ratio outside of the fund of fund situation while if I were to pick an actively managed fund that requires a lot of research then the expense ratio may well be much higher though this is where you have to consider what strategy do you want the fund to be employing and how much of a cost are you prepared to accept for that? VTTHX is Vanguard Target Retirement 2035 Fund which has a .14% expense ratio which is using index funds in the fund of funds system.\""}
{"_id": "514542", "title": "", "text": "I'd recommend that you start out small in creating a business where you control the content. You're trying to run a retail store of which you don't own the content, and requires multiple resources to get that content into your store. I'd recommend that you enroll yourself into a business program at a local CC."}
{"_id": "514550", "title": "", "text": "\"I'm in my 40's, and fully paid off the mortgage early.  My ex would have preferred that I'd given it to her as spending money instead.  It can be said that since interest rates after year 2000 went down not up, I am a mug to have paid off early when perhaps I could have just bought more stuff like everyone else does.  I looked at the 1970 to 1990 average interest rate; about 10%, and thought that it would be imprudent to have a big debt which would be crippling at 10 or 15% interest rates, so I paid it off while I could. A factor to consider is how you expect your own income to change over the next decade.  If you work in shops, call centres, taxi driving, import warehousing, language translation, news writing, or anything which can be offshored or automated, then either the expectation of your salary diminishes towards the worldwide typical, or if it goes below \u00a37.50 per hour typical then your employer goes bust.  Or blags a subsidy.  That is, I am a pessimist and would pay off early while possible.  I don't know chinese for \"\"he's not here\"\" to say to the debt collector.\""}
{"_id": "514562", "title": "", "text": "Yes under certain circumstances! Educate yourself first. Consider algorithmic trading when you code your strategies and implement your ideas - a bit easier for psychology. And let the computer to trade for you. Start with demo account without taking personal risk. Only after a year of experience try small amount of cash like you said 100$. Avoid trade when big news events are released. Stick to strategy, use money management, stop loss, write results in the journal... learn & improve... be careful it is very hard journey."}
{"_id": "514568", "title": "", "text": "Universal Steel of America provides steel building kits, which help to restore your old building from wreckage condition. After few years your building needs renovation. However steel building kits can be a great choice for upgrading your sweet home. If not, hire one experienced local contractor from Universal Steel of America to build your metal building quickly and affordably."}
{"_id": "514570", "title": "", "text": "I have an Econ BA, from a small liberal arts school.  My experience is unique, but I'll share what I know.  As a lone degree, job wise it's not as sought after as accounting, marketing, etc.  Those roles are more tactical and immediately applicable in the roles new grads are hired into.  Econ is bigger picture; more strategic in general.  So for a company, as an Econ major your skills aren't as immediately applicable.  Is econ worthless?  Oh HELL no.  Having that large perspective, and that understanding of how things are interconnected will help you throughout your career, and can be very insightful at times.  Sadly it's not everyone's conversational cup-of-tea, but those higher in the org likely have an understanding and appreciation, although likely not the focused degree.  Full disclosure, my undergrad didn't offer an accounting major, and the school had a great relationship with one of the big 4, so accounting was my goal immediately after graduation, despite it being an Econ degree.  My program had many required courses heavy in accounting and quantitative analysis, so I'm not suggesting my econ is the norm."}
{"_id": "514579", "title": "", "text": "The concept of a social contract is absolute. A constitution defines the 'how' of a state. The social contract addresses the question why a state even exists and what justifies its existence. And I say it again: the only justification for the existence of a state is the protection of your rights and freedoms from others.  Capitalism is based on the exchange of goods and services based on mutual agreement and respect for each other's property. Its driving force is competition.  It is an invisible force that has been there since the very beginning. Every other system can be defined as a restriction to capitalism.  We agree on that. You can work because the state ensures your safety and the protection of your rights. That's the social contract again.  Police, courts and military might be on the list of those necessary services. However mandatory public healthcare is not.  Preventing a monopoly is not about wealth redistribution. The driving force behind all the benefits of capitalism is competition, once you have a monopoly the whole thing turns sideways in that area. You need to introduce a few market regulations and a handful of guidelines for competition, but redistribution of wealth won't stop its formation."}
{"_id": "514581", "title": "", "text": "Use credit and pay your bills on time. That's really about it.  If you do that, you don't need to think about credit score. It's really a big distraction that is dwelled on too much."}
{"_id": "514594", "title": "", "text": "Ah I see. I assumed you were asserting this was anything other than a company poorly arguing they should not be held liable for their negligence.  Yes it is important. Because we are letting companies get away with a lot with what is effectively a slight of hand. What is stupid is that companies like Uber are full of shit."}
{"_id": "514608", "title": "", "text": "\"&gt; Why should I have to pay someone more to do a shittier job just because they're in a members only club?  Uh, you might not have to pay more, since many employers can just take a modest hit to their profit margin to treat their workers better than cattle. And, given the puny amounts they're paying their workers to begin with, I doubt your wallet will scream in pain if prices inch up a tiny bit to pay these plebes so they may live lives of regular poverty, instead of grinding poverty. Getting beyond the liquid bullshit your sentence has been marinated in, I'll assume you're merely asking why you should have to pay someone more to do the same job.  Essentially, the answer lies in the collusive power employers usually have to conspire to lower wages, because there are always fewer, usually far fewer, employers in any industry than there are employees. So the employers are always in an \"\"exclusive, members-only club.\"\" The examples of employers combining to lower wages and salaries are so numerous that it's an embarrassment of riches as to which to choose, but I'll pick the refusal of major-league baseball to sign free agents in 1979, just to teach the players a lesson. This ended Rod Carew's career, among other things, even though the owners were later punished in court, so it does not please me.  In some industries, unions are unnecessary - medicine and law come to mind - but these workers still have wage-hiking and incompetence protecting mechanisms: consider the AMA's efforts to close teaching hospitals and limit doctor supply, or the seeming inability of state bar associations to investigate anything less than the grossest incompetence of their members. It's just that the AMA and the bar association are not called \"\"unions.\"\"  But back to the issue of Walmart unionization: unions, though prone to excess when they are too strong, have been the only means of leveling the playing field between ownership and employees in ways that have made life livable for all of us today. Want an example? The 40-hour week, which would never have become customary, let alone been given legal force, if it were up to the employers and the free-market fairy with her magical market pixie dust. Today, employees in industries never unionized enjoy the benefits of overtime pay, decent working conditions, Saturdays off, and healthcare, such as it is, thanks to union representatives who were beaten by Pinkerton thugs, and then returned to be beaten so many times that the bosses finally gave in and made America a decent place to live for those who were labor, and not just capital.  It has been proven over and over again throughout history that, given the chance, the wealthy will treat the rest of us like s-h-i-t unless we occasionally fight back collectively. If labor becomes cheaper under the free market, employers will eventually attempt to pay workers only enough to reproduce, unless there are so many workers already that this is unnecessary, and nothing more. Knowing what societies are like when this occurs - think 19th-century industrial Europe or modern Venezuela - I'm not eager to live in such a society.  When workers are treated like dirt, you usually end up paying more anyway, in home security systems, public safety costs, and salaries for corpse-removal crews to keep the city streets clean.  TLDR: Fuck you, you ignorant fuck.\""}
{"_id": "514620", "title": "", "text": "Yea, but that coin would be worth shit ( They'll inflate their way out of debt) and there won't be anyone wanting to buy their bonds for a long time so they'll probably print more money. Also, everybody's savings will be gone.  Going out of the Euro will put them in a worse financial climate than staying in and do austerity."}
{"_id": "514633", "title": "", "text": "On the other hand when you hire the laundry service, you can steer clear of all such type of hassles and can focus on other imperative tasks that need more attention while staying assured that you will get your dirty clothes washed and ironed perfectly by the professionals."}
{"_id": "514679", "title": "", "text": "\"&gt; Amazon's bid to buy Whole Foods should be a wake-up call. Our anti-monopoly policies have fallen into disuse and today's big tech monopolies have used that opening to seize too much power. As Senator John Sherman, co-author of the Sherman Antitrust Act, declared as his bill came up for a vote in 1890, \"\"If we will not endure a king as a political power, we should not endure a king over the production, transportation, and sale of any of the necessaries of life.\"\"  I'm going to push back a little and say that by ending the article by connecting the bid for Whole Foods to the Sherman Antitrust Act the implication is pretty clear , if not bordering on explicitly stating that Amazon qualifies as a \"\"big tech monopoly\"\"   I could definitely be wrong, I just feel like the wording she chose throughout the article deliberately tries to lead the reader to the conclusion that Amazon should be broken up by the government because it's a monopoly.    What are your thoughts on the concluding statement and your point that she is focusing on the potential and not the current state?\""}
{"_id": "514681", "title": "", "text": "Banks' savings interest is ridiculous, has always been, compared to other investment options. But there's a reason for that: its safe. You will get your money back, and the interest on it, as long as you're within the FDIC insurance limits. If you want to get more returns - you've got to take more risks. For example, that a locality you're borrowing money to will default. Has happened before, a whole county defaulted. But if you understand the risks - your calculations are correct."}
{"_id": "514687", "title": "", "text": "If you have an SSN and foreign passport - it's all you need to open account, so just open it and order a checkbook. It will take some time before they will issue it but most probably they'll give you some checks to use till that very moment.  So basically you should: Also I strongly suggest you to open two accounts - one would be for you and one for rent exclusively. The thing is that check could be cashed any time and it's pretty annoying exercise to keep that in mind."}
{"_id": "514697", "title": "", "text": "\"Is it not that bad? Depends how bad is bad. The problems causes by a government having large debt are similar to those caused by an individual having large debt. The big issue is: More and more of your income goes to paying interest on the debt, and is thus not available for spending on goods and services. If it gets bad enough, you find you cannot make payments, you start defaulting on loans, and then you have to make serious sacrifices, like selling your property to pay the debt. Nations have an advantage over individuals in that they can sometimes repudiate debt, i.e. simply declare that they are not going to pay. Lenders can then refuse to give them more money, but that doesn't get their original loans paid back. In theory other nations could send in troops to seize property to pay the loan, but this is a very extreme solution. Totally aside from any moral considerations, modern warfare is very expensive, it's likely the war would cost you more than you'd recover on the debt. How much debt is too much? It's hard to give a number, any more than one could give a \"\"maximum acceptable debt\"\" for an individual. American banks have a rule of thumb that they won't normally loan you money if your total debt payments would be more than 1/3 of your income. I've never come close to that, that seems awfully high to me. But, say, a young person just starting out so he's not making a lot of money, and he lives someplace with high housing prices, might find this painful but acceptable. Etc.\""}
{"_id": "514720", "title": "", "text": "\"I probably wouldn't turn down a raise, but there are some circumstances in which you might hesitate. Having a disproportionately high salary for your type of role or the value you are providing to the company makes you an attractive layoff target in an economic downturn. I've heard anecdotally of lots of corporate lawyers getting laid off because they were getting raises every year, and ended up with such ridiculous salaries that when the economy went south, the company basically asked \"\"why are we paying these people so much?\"\" Same thing happens in lots of places - Circuit City lays off the experienced, highly-paid salespeople and brings in cheap-o high school students (that didn't work out well for them, but they did it anyway). Still, even knowing that, I'd accept the pay raise. You're making more money the whole time you're employed, and prior salary is the biggest predictor of the salary you can negotiate at a new position.\""}
{"_id": "514736", "title": "", "text": "Absolutely. In fact, all stock purchases of more than 5% of a company's stock must be reported to the SEC, so assuming A and B are publicly traded companies in the US, the purchase would likely be a matter of public record.  There are probably special cases where this could cause problems, however; any case where A's purchase of B's stock (or vice versa) runs afoul of regulation would be one such case. For example, if company A wants to own a controlling interest in company B and appoint members of its board of directors and both companies were in the same heavily-concentrated market, regulators may frown on the potential for decreased competition. Such regulations may apply to any purchase of a controlling interest in a company, though."}
{"_id": "514743", "title": "", "text": "There are lots of groups of people that are avoided for various reasons, health is one of the biggies. Mind you, nothing is documented and it is done in the gray area to avoid lawsuits...  Young married women - pregnancy Women with small children Obese people Smokers Older people Minorities  Pretty much depends on the job market, in a buyers market companies can pick and choose. Other considerations, turnover. Some companies only hire young or entry level through temp agencies, but will hire experienced workers (lower chance of turnover) directly."}
{"_id": "514764", "title": "", "text": "\"I am looking at a 1040A. Line 11a asks for total IRA distributions. 11b asks for the taxable amount. Enter \"\"QCD\"\" as explanation and remove the Qualified Charitable Deduction amount from 11a to get 11b which is added to your income if there's any positive balance.\""}
{"_id": "514780", "title": "", "text": "\"Remind yourself that markets recover, usually within a few years. If you believe this and can remind yourself of this, you will be able to see the down cycles of the market as an opportunity to buy stock \"\"on sale\"\". No one knows the future, so many people have found investing on a regular schedule to be helpful. By putting in the same amount of money each period, you will end up buying fewer shares when the market is up, and more when it is down. As long as your time horizon is appropriate, you should be able to wait out the ups and downs. Stocks are volatile by their very nature, so if you find that you are very concerned by this, you might want to consider whether you should adjust the amount of risk in your investments, since over time, most people lose money by trying to \"\"time\"\" the market. However, if your investment goals and requirements haven't changed, there likely isn't any need to change the types of assets you are investing in, as what you are choosing to invest in should depend on your personal situation. Edit: I am assuming you want to be a long-term investor and owner, making money by owning a portion of companies' profits, and not by trading stocks and/or speculation.\""}
{"_id": "514784", "title": "", "text": "\"If by way of thinking you mean an evidence based belief system, then I think you should be swayed to abandon ideology in favour of evidence because it will make the world a better place.   Why are you so opposed to changing your world view in light of evidence? What bad thing will happen to you if you change a position? You made the \"\"dogshit\"\" claim about quality of care and you based it on pure ideology. Reality does not agree with your claim. What bad thing will happen to you if you say \"\"I might need to re-evaluate my belief in what is the best system\"\"\""}
{"_id": "514790", "title": "", "text": "There are interpersonal relationships risks which you should consider. These are most likely to eventuate following a financial problem, and depend on your existing relationship.  In this answer I'm going to focus on the financial risks.  This is not financial advice, but my understanding as someone who has done this. This is best thought of as a loan from my parents to myself.  The main financial risks for my parents (the lenders): To avoid these risks, I need to ensure that I am sufficient ahead of loan repayments that I have the full amount of principal available to repay at any time.   Redraw Facility While some loans may allow for redraw, you should check the fine print of your loan agreement.  A redraw is like borrowing from the bank using existing collateral.  There could be some circumstances under which the bank does not allow redraw, even though you are ahead of loan repayments.  This might happen if house prices drop enough that you no longer have equity. Offset Account To avoid this problem, the loaned money is best put in an offset account.  An offset account reduces the interest on the loan.  Importantly, the money in the offset account is yours.  Withdrawal from the offset account does not represent a new borrowing but is a withdrawal from savings account.  Savings are government guaranteed to some figure."}
{"_id": "514793", "title": "", "text": "@JoeTaxpayer's answer outlines how to value it. Some other considerations: As I understand it, some public pensions may be tax-free if you still live in the state that is paying the pension. E.g. when a Massachusetts teacher receives pension, it is exempt from state taxes, but if that person moves to Vermont he will have to pay Vermont income tax on those payments. So if you plan to stay in the state post-retirement, this provides additional value. Pension payments aren't fully guaranteed by the PBGC. And not all pension plans are fully funded. Depending on the political and economic environment when you hit retirement, your retirement plan could suffer. (And if you aren't working, you may not have a union vote any more when the other working members are voting on contract amendments that affect pensions.) I'm not certain of all of the rules, but I hear news reports from time to time that formulas like what you've posted in the original question are changed through negotiation with the union. If you make an employment decision using the formula in year X and then the formula changes in year X+10, your expected pension payment will change."}
{"_id": "514794", "title": "", "text": "It's kind of like a fat guy bellyflopping into a pool from the high diving board; the wave travels out, reflects off the side of the pool and comes back to you a little later.  GFC I causes increased government spending to bail out banks/stop economies going into reverse. It also causes a tightening of the credit markets as fake paper goes bad. So the deficit can't be cheaply covered where financiers (who's fraud caused GFC I) don't see an easy return. So we get GFC II as sovereign entities go bad; caused by GFC I and those self same fraudulent bankers.  Who still aren't in jail, and are still paying themselves bonuses."}
{"_id": "514807", "title": "", "text": "So I just graduated from uni with a finance degree, this is what I would advise.  1) Figure out what you want to do and have a clear plan behind. Finance is very big so there are a lot of options to choose from. There is IB , ER , AM , Operations , corporate finance at an MNC , etc. Figure what interests you and focus towards it.   2) When you have figured out what to do , find out what you need to know to get the interview and full time offer. The internet is your best friend here , there are sites like wall street oasis , reddit , merger &amp; inquisition , etc. All these have a wealth of information.   3) Your penultimate year internship is important , try to get the internship in the industry and role that you desire. So start networking , cold calling , cold emailing . Basically try to meet as many people you can who can help you reach your goal. This is pretty important.   4) Don't be a complete bookworm and focus only on your GPA. Join student socities that interest you. Participate in case competitions and stock pitches , this allows you to build a valuable skillset. Where in interviews you can always talk about it , and people will at least know that you have an interest or passion for finance.   5) And finally since you are at the last 1 and a half years of your college career, just try not to be jaded. A lot of people end up being like this cos they cant get that job they want or their GPA is crap. Try not to be them , always be fighting and hustling to get the best grades , best job you can. Cos this is prob the most crucial time in your college life"}
{"_id": "514819", "title": "", "text": "&gt; I\u2019ve never met a Uighur woman who won\u2019t shake hands or a man who won\u2019t have a drink with me  First hand experience: They refuse drinking all the time.  Edit: Wtf is this doing in Business? Also, completely biased"}
{"_id": "514831", "title": "", "text": "\"You've described the process fairly well.  It's tough to answer a question that ultimately is 'how is this fair?' It's fair in that it's part of the known risk. And for the fact that it applies to all, pretty equally. In general, this is not very common. (No, I don't have percents handy, I'm just suggesting from decades of trading it's probably occurring less than 10% of the time). Why? Because there's usually more value to the buyer in simply selling the option and using the proceeds to buy the stock. The option will have 2 components,  its intrinsic value (\"\"in the money\"\") and the time premium. It takes the odd combination of low-to-no time premium, but desire of the buyer to own the stock that makes the exercise desirable.\""}
{"_id": "514834", "title": "", "text": "Okay so we are assuming that you can sustain 6% or more return on your investments.   Personally I would compare that rate to what lines of credit are going for and do what ever is least expensive.   Either way your risk is the same.  Your net worth is the same.  Your assets will be the same. Your liabilities will be the same. Its just a matter of who you owe it to and what the rate is. Don't be afraid of having a second mortgage.  If the stocks go down either way you have to sell what's left and pay your debt. Or what I should maybe say is don't be more afraid of a line of credit more than margin in your investment account."}
{"_id": "514838", "title": "", "text": "I've been to SeaWorld San Diego once as a kid and as a kid I believed that SeaWorld cared for marine life and this was their way to help promote understanding for it.  From what I've read and from what SeaWorld has done and is doing about it, the picture does not look pretty.  No matter how much goodwill they do and how much they change everything... It'll always come down to two factors, the image of SeaWorld being tarnished and all the changes taking away the magic of SeaWorld.  It would fare better under the hands of a different owner. Legoland San Diego has fared better and has not had a PR disaster happened while the park has operated. Maybe the owner of Legoland San Diego should take over SeaWorld, they'll fare better at turning it around and running it."}
{"_id": "514841", "title": "", "text": "A limit order is simply an order to buy at a maximum price or sell at a minimum price. For example, if the price is $100 and you want to sell if the price rises to $110, then you can simply put a limit order to sell at $110. The order will be placed in the market and when the price reaches $110 your order will be executed. If the price gaps at the open to $111, then you would end up selling for $111. In other words you will get a minimum of $110 per share. A stop limit order is where you put a stop loss order, which when it gets triggered, will place a limit order in the market for you. For example, you want to limit your losses by placing a stop loss order if the price drops to $90. If you chose a market order with your stop loss as soon as the price hits $90 your stop loss would be triggered and the shares would sell at the next available price, usually at $90, but could be less if the market gaps down past $90. If on the other hand you placed a limit order at $89.50 with your stop loss, when the stop loss order gets triggered at $90 your limit order will be placed into the market to sell at $89.50. So you would get a minimum of $89.50 per share, however, if the market gaps down below $89.50 your order will be placed onto the market but it won't sell, unless the price goes back to or above $89.50. Hope this helps."}
{"_id": "514843", "title": "", "text": "Mark Twain:  \u201cHold on! Just a word, gentlemen.\u201d They stopped to listen. \u201cWe are sold \u2013 mighty badly sold. But we don\u2019t want to be the laughing stock of this whole town, I reckon, and never hear the last of this thing as long as we live. No. What we want is to go out of here quiet, and talk this show up, and sell the rest of the town! Then we\u2019ll all be in the same boat. Ain\u2019t that sensible?\u201d (\u201cYou bet it is! \u2013 the jedge is right!\u201d everybody sings out.) \u201cAll right, then \u2013 not a word about any sell. Go along home, and advise everybody to come and see the tragedy.\u201d   Next day you couldn\u2019t hear nothing around that town but how splendid that show was. House was jammed again that night, and we sold this crowd the same way."}
{"_id": "514863", "title": "", "text": "The bigger stores also benefit from this. I worked as a manger for a major chain grocery store, and when a TJ opened up next door, our sales actually increased by 3%. May not sounds like much, but when you're selling a huge volume of dollars, every percent adds up quick."}
{"_id": "514876", "title": "", "text": "IRAs were invented to help individuals save for retirement. 401(k)s were invented to help corporations provide more compensation to highly valued employees."}
{"_id": "514886", "title": "", "text": "A lot of Americans have used Swiss bank accounts to avoid paying taxes. However recently several large Swiss banks have started disclosing the details on some of their customers to the IRS. There isn't much security in Swiss banking at this point in time."}
{"_id": "514917", "title": "", "text": "If the class isn't sold out and it's happening in 30 minutes, the expenses for teaching and space have been spent, so it's $20.00 you aren't going to have otherwise.  Yeah, you didn't get what you wanted, but at that point it isn't costing you money either."}
{"_id": "514922", "title": "", "text": "You are NOT responsible for liquidating the position.  You will either end up retaining your 100 sh. after expiration, or they will be called away automatically. You don't have to do anything.  Extending profitability can mean different things, but a major consideration is whether or not you want to hold the stock or not.  If so, you can buy back the in-the-money call and sell another one at-the-money, or further out. There are lots of options."}
{"_id": "514939", "title": "", "text": "There is usually a bunch of reasons for this, some psychological and some entirely practical. Let's start with the latter: If I wanted an older luxobarge, I'd buy something from the early to mid 1990s in good condition. These cars tend to be a little less complex and thus a little easier to repair, plus you can find them for prices that makes them to 'disposable'."}
{"_id": "514944", "title": "", "text": "\"HUGE news in the grocery delivery space.  Groceries are one of the few large markets that require some proximity to customers due to costs and spoilage. Each grocery store is a type of mini-distribution center for grocery products.  Shipt and Instacart have succeeded to date because they use existing distribution channels and set up marketplaces for the \"\"last-mile\"\" of delivery. This is in contrast to Webvan in the early 2000's who tried to do grocery delivery by building their own distribution and failed spectacularly.  Amazon has become an expert in distribution and logistics. But it is clear that using their current model doesn't generally work with groceries (RIP Webvan, 1998-2001). Bananas need to be treated much differently than books.  So what does Amazon do? But Whole Foods!! A moderate sized grocery store with a significant national footprint and lots of higher income customers.  Now they instantly have a pre-built distribution channel that is already optimized for the grocery business (which again is much different than non-perishable consumer goods etc).  Things definitely just got interesting in this space!! I still believe that Instacart and Shipt can succeed, but they need to maintain a laser focus on making their shoppers and customers happy! And grow as fast as possible while Amazon digests Whole Foods!\""}
{"_id": "514952", "title": "", "text": "There is no country tag, so I will answer the question generally. Is it possible...? Yes, it's possible and common. Is it wise? Ask Barings Bank whether it's a good idea to allow speculative investing."}
{"_id": "514961", "title": "", "text": "\"&gt; Another victim of the robber.   You are definitely the victim of something...  &gt; You are defending robbery.   You likened it to robbery. I did not. Matter of fact, I believe my prior statement was that taxes are patriotic and our duty. I file mine right on time. The tax man doesn't even have to come to my door to \"\"rob\"\" me, because I already mailed him a check. You likened it to robbery, yet you bend over and give it up anyways... Kind of sad really.\""}
{"_id": "514968", "title": "", "text": "You can transfer 401(k) funds from a previous employer to an IRA, and invest it as you wish.  That $600 should go to the current 401(k) or IRA. Edit - OP has edited his question. I agree with him that each situation is unique, therefore 100% of the details are needed up front to avoid the answers that would be right for everyone else. He offered a valid reason for rejecting the current advice. There is no solution except to simply withdraw the money. It went in pretax, so taxing on way out is not a penalty. The 10% is the real penalty, and it's $60 in this case."}
{"_id": "514969", "title": "", "text": "\"I've worked in gyms for 9 years. Here's a few things I've seen: 1)Contracts aren't necessarily a terrible thing if you know that you are going to stay for a while, just know the terms you're signing up for.  2)Be aggressive and relentless with the membership salesman, don't be afraid to put your own price out there and if you don't get it walk away. Don't want the super high sign-up fee, say you wont join unless that is gone or lower. (often these sign-up fees are commissions for the salesman, one time i had a guy slip me a $100 under the table to drop the sign-up fee and monthly rate saving him at least $500 a year) 3)Pick newer gyms because they will be more in a need of new memberships thus giving in to lower prices.  4)If you don't want to sign a contract just say so, you'd be amazed how often someone gets out of signing a contract just because they asked and threatened not to join because of it.  5)Be aware of annual fees, a trend in the industry now is to have a super low membership dues but charge the member an annual \"\"gym improvement\"\" or \"\"rate guarantee fee\"\". 6)Join with a buddy, ask for a buddy discount if you sign-up at the same time. 7)Finally consider why you are joining a gym, I've seen it so often that someone joins a gym and then gets frustrated because they never use it because they weren't getting the results you wanted. Maybe your better off spending a little more and going to a private personal training studio or a group exercise studio. Independent bootcamps are a hot now.  Ultimately it's about you getting what you want out of it, so do what is going to give you the best chance to get the results you want.\""}
{"_id": "514970", "title": "", "text": "You didn't mention a country, and precise rules will be different from country to country. The usual rules are:  Shares that you didn't sell don't count. If you buy shares, there is no taxable gain until you sell them.  When you sell shares, it is assumed that the shares you are selling are the last ones that you bought.  In many places, if you sell shares, and buy the same shares back very quickly, the tax office may have rules to pretend you never sold the shares. For example in the UK, where a good amount of profit per year is tax free, you can't just sell enough shares to stay below your tax limit and then buy them back to take profits out of the shares you own.  In your case, you made $30 profit on every share you sold, and that is what you will be taxed for in most countries. According to the rules of your country."}
{"_id": "514976", "title": "", "text": "&gt; Wal-Mart will hire desperate people, because those desperate people are less likely to complain or have pro-Union sentiments.  correction. walmart hires them because they have a low marginal utility undeserving of a higher wage. if they could get a higher wage somewhere else, they would. how many people do you employ? do you give money to millions of people? didn't think so. don't complain about other people offering jobs.   &gt; Wal-Mart is transferring the cost of labor onto the taxpayers. This should make you upset.  i'm mad at the government for giving them aid. i don't think i should have control over a private business. but im supposed to have control over my government."}
{"_id": "514977", "title": "", "text": "Not knowing the US laws at all, you should worry more about having the best stock portfolio and less about taxes. My 0,02\u20ac"}
{"_id": "514989", "title": "", "text": "Can you learn how to evaluate operations efficiency without working at McKinsey?  Also, how many people does McKinsey employ? It seems like every consultant in the world is either working there, or used to work there. I don't think I've ever had a conversation without hearing about them. Do they just do all of the training for the consulting field?"}
{"_id": "515024", "title": "", "text": "Instead of buying in bulk, I invest the money in equity mutual funds, for an expected return of 12%, which is more than inflation. So, I make more returns. But at the cost of a slight risk, which I'm comfortable with."}
{"_id": "515039", "title": "", "text": "\"just tried it and it worked well. However I would like to add more info to be precise: The above steps are correct between 1 and 5. And that's it. It works well, however HSBC says that \"\"your Credit Card balance won't be updated until the next working day\"\". Actually it took 2 days for them to process it and I called them perhaps I made a mistake but everything went good and now my balance is zero (so give 48hours for them). thank you for this write up ledeje.\""}
{"_id": "515040", "title": "", "text": "That's a dumb thesis for Klarman if it's what he's doing.  What history shows is that new investors are very interested in the total debt payments you are on the hook for.   The higher your debt payments, the less room there is for new payments.     You clear off all debts, people are more excited to lend, because it's the previous lenders that got the pain.  It's gambling.  I really have no idea what Klarman is doing, we just know what happened with the Algerian situation.   If Klarman is not demanding 100% face value of the bonds, but something not too much more than what he bought them for, then who cares.   There's a reasonable function of debt where the debt holder who doesn't want to deal with a long term repayment plan sells the debt to be out of the stress, and the guy taking it on knows he will get an amount more that is a function of being willing to wait things out.   It shouldn't be a stratospheric amount more though.  Otherwise the original investor is an idiot for not waiting."}
{"_id": "515042", "title": "", "text": "The government has expenditures, part of which includes interest expense on debt.  The government first pays with your taxes, the remainder, which varies between a few billion to tens of billions to sometimes hundreds of billions of dollars, is called the deficit.  The government takes out loans, called US Treasury Bonds, to pay the deficiet.  The interest payments on this new debt is added to the interest expenditure the government pays every year."}
{"_id": "515043", "title": "", "text": "Asked whether it was coincidence that three different men found the same sort of issue with lumber first at Menards and then at Home Depot, and then all decided to go to McGuire Law, Turin said he couldn\u2019t comment.  Hehehe"}
{"_id": "515053", "title": "", "text": "I didn't see on the website if the previous years model worked.   The solution they offered in the end didn't cost you any more. You would be credited for the purchase.   At any point in the store when you went back did you talk to a manager? Did you talk to a manager after any of the initial phone calls? The sales people have limited power. I'm sure a manager would have settled this much quicker than blindly emailing the execs."}
{"_id": "515060", "title": "", "text": "I completely agree that there are experts that recognize it as a very serious problem, and I agree that it is a serious problem that could cause a large recession or crash (my large chunk of remaining loans definitely agrees). My point is that this article isn't looking at economic data. It's looking at a survey of recent college grads and asking them to rank the risk of student loan debt vs the risk of North Korea. I wouldn't consider that a very useful indicator."}
{"_id": "515063", "title": "", "text": "There isn't a general reason why you should not be able to do this, but it is hard to answer without knowing the specifics of your variable annuity.   I would start by calling Hartford and asking them how to go about rolling your money to a different IRA and what fees would be assessed."}
{"_id": "515072", "title": "", "text": "Stopping at Best Buy on your way home from work is definitely faster, but it's not free. Your time is worth something and if I can push a few buttons and let Amazon do the work, I am saving time even if I do not get the product right now."}
{"_id": "515083", "title": "", "text": "No. Not in the Uk anyway, they are just an extra person/company that you have to pay."}
{"_id": "515095", "title": "", "text": "Extremely low volume and market cap is a big problem, especially when the information about the company is well hidden. Most penny stocks are shell corps with someone manipulating the prices.   Although there are some big companies that sell different kind of shares on the otc market which might be worth looking into"}
{"_id": "515104", "title": "", "text": "No one is saying people aren't allowed to go. I am just saying that malls are usually built outside city centers.   Also, your sunk cost argument assumes I am for them building malls in the first place. It was bad in the first place to build the malls and now it is even worse (environment wise).  Do you have any actual arguments as to why malls are good for the environment? Concentrating stores in one place is a benefit, I will give you that. But when the concentration is outside the traditional city center, it negates that benefit somewhat."}
{"_id": "515105", "title": "", "text": "I'm aware but retailers should be getting things at a discount and shipping to each individual consumer also costs money. I believe both also free shipping so... I'm not saying that footlocker doesn't have more costs I just thought Nike and addidas had higher profit margins cause I never noticed a price difference but I also wasn't really looking."}
{"_id": "515135", "title": "", "text": "You have already been paying for others children in your community. Your argument seems to lead to a situation where you think you can avoid helping anyone but yourself or those you deem to be worth helping. That is not how our society is structured."}
{"_id": "515144", "title": "", "text": "If seeing all of your balances in one place matters that much to you, go to a broker that has an online bank like Schwab, ING or ETrade. If you're not comfortable with online banking, I'd suggest dropping the requirement to see everything on one statement/website. All of the major brokers have easy ways to transfer money to and from their accounts. I have accounts at Schwab and TD Ameritrade, which both offer online transfer via ACH transactions for no fee. It's just like paying a credit card online. Investments are a profit center for banks, you pay a higher cost and the guy who signs you up gets points towards his incentive vacation to the Caribbean."}
{"_id": "515146", "title": "", "text": "The Paris accords were a symbolic non commital boys club of climate change soapboxers.  India, Iran, china all made pledges to do literally nothing, and the Philippines pulled out all together.  This was a stupid photo op for European politicians to gather round and pretend to do something about climate change.  Fuck trump. Fuck the republicans.  But these accords were horseshit"}
{"_id": "515156", "title": "", "text": "There are peer to peer services these days which work by trying to match someone who wants to convert currency X to currency Y with other people who want to convert Y to X. Obviously this works better with major currencies. They tend to give you the midmarket interbank rate banks use to trade with each  less their commission of 1-2%. Banks can charge up to 5% and use different rates for buying and selling. Transfers may take a day or two, although you may be able to do it faster if you pay extra. Transferwise, CurrencyFair and MidPoint are examples of such services though there are many others. Here's a link to a newspaper article with more details."}
{"_id": "515190", "title": "", "text": "Your headline is still inaccurate.  Two serious errors:  1.) 2647, which is a difference of 32% 2.) They are CEOs of Large corporations, not 2647 random CEOs.    Maybe this nitpicking will help you understand why your idea of perfect headline accuracy is misguided. The most important part is that it's mostly true.  It's much better than [this situation.](http://www.reddit.com/r/Seattle/comments/ncd12/as_a_result_of_mondays_protests_at_the_port_of/c37zdcy)"}
{"_id": "515191", "title": "", "text": "You better buy an ETF that does the same, because it would be much cheaper than mutual fund (and probably much cheaper than doing it yourself and rebalancing to keep up with the index).  Look at DIA for example. Neither buying the same amount of stocks nor buying for the same amount of money would be tracking the DJIE. The proportions are based on the market valuation of each of the companies in the index."}
{"_id": "515193", "title": "", "text": "There is no such thing as buying at the best price. That only exists in hindsight. If you could consistently predict the lower bound, then you would have no reason to waste your time investing. Quit your job and bet with all leverage in. What if the price never reaches your lower bound and the market keeps rallying? What if today is crash day and you catch a falling knife? I'd say the best strategy would be just buy at whatever the market price is the moment your investment money hits your account with the smallest possible commission."}
{"_id": "515203", "title": "", "text": "I was forced to give my bank permission to cover any overdrafts out of my savings accounts. Or pay the bank a fee.  After 6 months I discovered they were still taking out a fee, when I confronted them they said it wasn't the overdraft fee it was just an administrative fee.  Banks need to burn in hell."}
{"_id": "515207", "title": "", "text": "\"In \"\"steady state\"\", the refrigerator only has to pump out the heat that has leaked in from outside.  The amount of heat leaked is related to the difference between interior and exterior temperatures, and the overall insulation quality.  Thus, a refrigerator full of cold food uses the same amount of energy as a refrigerator full of cold air.   In practice, people open the door, take cold food out, put \"\"warm\"\" food in, and the unit may also make ice, dispense cold water, and defrost itself.  Aside from tweaking those uses, (e.g. minimizing time with the door open), a useful trick is to use empty milk cartons or similar containers to fill up unused space.  This helps by reducing the amount of cold air that escapes when the door is opened, and the air in the cartons has low thermal mass, so it cools down rapidly.  When you need the space, you can remove the cartons and set them aside. Similarly, water-filled cartons may be used as a sort of thermal ballast--leveling out the temperature fluctuations within the refrigerator, particularly if the electric utilities are erratic.  However, they increase the cost of refrigeration when cooling the water in the first place, and when you eventually dump out the water, the expense of cooling it goes down the drain.\""}
{"_id": "515225", "title": "", "text": "I agree, but at the same time, the cost for amazon to ship has to be extremely low compared to what we would pay. Any customer that doesn't have prime and pays for shipping, amazon is probably making a profit on, even if they net 0 on the cost to get the item."}
{"_id": "515233", "title": "", "text": "\"In the United States, with an S-Corp, you pay yourself a salary from company earnings.   That portion is taxed at an individual rate.  The rest of the company earnings are taxed as a corporation, which often have great tax benefits.  If you are making over $80K/year, the difference can be substantial.  A con is that there is more paperwork and you have to create a \"\"board\"\" of advisors.\""}
{"_id": "515237", "title": "", "text": "Maybe in front office. My wife has now worked for three big banks in various asset management roles and her current place (one of the largest European banks) just upgraded to Outlook/MS suites in 2016. Before that it was Lotus. The transition took a year and was horribly managed. Her whole department's IT consists of one guy supported by their Indian global centre which is (apparently) not very good.  Similar horror stories at her last place, one of the Japanese giants."}
{"_id": "515254", "title": "", "text": "\"The \u20ac100'000 limit is per bank, where \"\"bank\"\" is defined as a financial institution with a banking license from one of the ECB members. \"\"WeltSparen\"\", is operated by the MHB-Bank which is a German bank, recognized by the Bundesbank.  That means your money is initially guaranteed by the Bundesbank. When it's moved to the final saving account, you'll be saving at other banks, which are identified in the individual offerings. This can be an effective technique to split capitals in excess of \u20ac100.000. You should obviously look for banks that are backed by ECB member banks, but keep in mind what happened to Iceland: the national banks can also fail. In particular, the Bank of Italy at the moment is looking a bit shaky because Monte dei Paschi di Siena is currently failing and will require a bail-out. There's no official back-up for failing national banks within the ECB system.\""}
{"_id": "515256", "title": "", "text": "The Merchant provides high level support and extensive training to all of its SMO resellers and their employees.  A cost-effective and high quality digital media services will be provided to the resellers making them free from hiring people and renting space. Our past experience will help in signing up the new clients."}
{"_id": "515281", "title": "", "text": "This is the problem. There are plenty of hard working union members and non union members just like there are decent cops. We just see the minority make everyone else look bad. With a union even people in the union don't like the slackers but they have to stand up for them. I've never been a union member (though most of my family are union construction workers) but I believe that they are responsible for a majority of improvements to our working conditions and safety."}
{"_id": "515286", "title": "", "text": "I used to love Friendly's when I was a kid...but as I started to grow older I noticed how filthy and nasty the place kept getting, at several different locations. Eventually the menu prices became too high and the food became even crappier so my family stopped going there. Most have closed down in my area in the last few years."}
{"_id": "515292", "title": "", "text": "A cooperative society means a general public enrolled or considered to be gotten under any law identifying with agreeable orders for the present in power in any State or under the Central demo. Useful societies could be enacted laws by the specific State cooperative Societies Act or by the Multi-State Cooperative Societies Act, 2002. The societies, whose primary destination is to serve the financial investment in a specific State, are enacted laws by the Cooperative Societies Act of that particular State. While a society whose principle targets are to serve the diversions of its members in even more than one State, are legislated by the Multi State Cooperative Societies Act, 2002.  Address : Crystal Consultancy, Office Number- 204, 45B, 1st Floor, Hasanpur Main Road, Patparganj, I.P. Extension, Delhi- 110092 phone no-011-22235922,9711105597"}
{"_id": "515296", "title": "", "text": "Auto Body Repair Boca Raton - B &amp; R Auto Body Works Inc. seeks to provide its customers with timely, affordable and effective service in a friendly, professional environment. It is our duty to make sure customers receive both the best service and the best value for their service."}
{"_id": "515306", "title": "", "text": "I think you missed his point as well.  I see what you are saying, that this will destroy jobs.  But the robot still isn't working a fryer.  It's still not cleaning the store.  It's not able to keep the bathroom.  It's not able to make drinks.  It's not able to load itself.  It CAN mean jobs will be lost.  It CAN also mean employee's are able to focus on other things instead of making the burgers.    Now with your last sentence I have to ask.  If automation is so bad, then why are there more jobs now (The most automated point in human history) than in the early 1900's (A much less automated point)?"}
{"_id": "515361", "title": "", "text": "I see your remarks regarding Zillow, but would add a question. Why not look only for recent sales? If you find homes similar to yours with recent sales, that's similar to how the appraisers do it. I've refinanced many times and each time, I looked at sales within three miles of my house. I hit the appraised price very close in my estimate, high or low compared to Zillow, but used transaction data from there.just my thought.  I chose a random neighborhood, and this was the first house I clicked. The main view shows last sale date, so I'd obviously suggest the OP look for more recent ones. If turnover is that low in his neighborhood, I understand, but the comment that transactions aren't listed is factually incorrect. I'd like my 2pts back. :)"}
{"_id": "515365", "title": "", "text": "Wall Street salaries are rather exorbitant but its influence is far from insignificant.  Do you know where pensions come from? The money that veterans and retirees rely on to survive. Hedge funds.  How do the firms and companies that employ all those workers listed in greater numbers? Institutional money management AKA hedge funds as a small subset.   A company in distress and is in threat of laying off thousands of employees. What can help it? A private equity firm that will actively work to save and restore the company, for it's own profit, but the employees will still have jobs.   NO large company with tens of thousands of employees can exist right now without the capital raising and transaction advisory services of an investment bank. Stock trading as a means to grow personal wealth would not exist.   While true these institutions make a disproportionate amount money, you must consider why. Nearly all front office jobs on Wall Street have 6am-8pm hours. Investment banking analysts have up to 100 hours a week, that's sweatshop salary per hour. Hedge fund managers wake up at night sweating to check Asia markets to see if they'll still have a job. These are not the suburban 9-5 jobs where you can actually have weekends. The high salary comes from an extremely rare skillset that's taught only from experience not in schools, high stress and commitment, and the highest quality of labor (mostly ivy leaguers on Wall Street, they've worked their asses off for these jobs).   Salary has to do with supply and demand. I have the upmost respect for janitorial workers because they do what we don't want to do, but their pay isn't great because anyone can be a janitor. If most people in the country could build a portfolio with a sharpe ratio higher than 2 that billions of pension dollars would rely on, then we won't have such high hedge fund salaries, for example"}
{"_id": "515373", "title": "", "text": "You're describing thievery   Someone started something successful and passed it on to their offspring. That's how you wealth is created. Innovation, risk, and hard work.   You feel entitled to what's in another's pocket. That's wrong. See that. You didn't work for it, THEY did"}
{"_id": "515383", "title": "", "text": "Sounds like you need to contact your ex and sort it out. If you have co-signed the loan, changes are you are equally responsible even if on party chooses not to pay, then the bank will come after the other one. If you no longer wish to be part of the arrangement and your ex still wants the car, she will have to buy you out of the car and become fully responsible for the liability."}
{"_id": "515391", "title": "", "text": "\"RBL is likely *reserve based lending*, which is a type of asset-based financing in oil&amp;gas world where debt is secured by oil reserves.  Presumably context is that have an oil&amp;gas company that the analyst thinks should be acquiring other companies.  To fund that, the analyst is saying the parent company should borrow money against their reserves (should be relatively inexpensive capital b/c asset-backed) and then using it to fund acquisitions.  For the target's capital structure, those amounts are equity infused by the Parent (even though the Parent got the money by borrowing it).  The Target can then borrow money against its own operations... this borrowed money will \"\"gear\"\" up the Target -- gearing is just a term for leverage, typically specifically debt-to-equity ratio.  So to fund the acquisition, the Parent is (1) going to borrow using a RBL on Parent's assets to come up with equity to put into target and (2) going to borrow against Target's business.  Presumably today Target is relatively debt free or even cash heavy.\""}
{"_id": "515394", "title": "", "text": "Do yourself a favor: calculate the price of airfare, calculate how many points it takes to get a good flight, and calculate how many points you get per dollar spent. What you will find is that it is a ripoff. Leave the card at home and unlink it from your online purchasing accounts. You're welcome. If you really want to earn rewards, just put your necessary bills on that card. Over time it will accumulate, but do the math first so you can weigh the consequences."}
{"_id": "515402", "title": "", "text": "\"Watch out for PO financing. A lot of those contracts have nasty terms like \"\"I agree that SCAM CAPITAL will be my sole source of credit for the next 2 years.\"\" that can get in the way of using bank debt or credit cards. They may even tell you otherwise to get you to sign, but they are the payday lenders of the business world.   It can be great when it works, but there are a lot of shark men. While you can grow your company on po financing, understand that those companies exist to suck all the profit out of small, non-innovative companies, who needed a hand and their terms reflect that.   If your business is that good maybe you can get someone to buy in instead? The second benefit to this is that if things go tits-up, then you don't have any personal guarantee. You will likely have to guarantee PO financing in most parts of the country.\""}
{"_id": "515403", "title": "", "text": "ITT: people who don't understand how batteries work. When your phone charge goes to zero, it's not actually zero. It just stops at that point to preserve the battery life. You can use more energy from the battery at the expense of the longevity of the battery. Tesla just made an update to give out the extra battery juice now despite threatening the overall battery health in the long run."}
{"_id": "515410", "title": "", "text": "I'm in MIS with a comajor in International Business at a top 10 school for Business. I am thinking about adding Accounting as a double major. It all depends on what you want to do with your future and where you want to go. I wouldn't personally do Finance unless you're at a top recruiting school. Accounting is by far the most stable though, you will always find a job. It is regarded as the language of Business"}
{"_id": "515413", "title": "", "text": "Actually he probably saved a lot of jobs at citi. He took over right about the time Lehman bros declared bankruptcy. Every big investment bank was about collapse. The headline is very misleading. The damage was already done when he took over. I don't support CEO pay like this in any situation, but dont blame him for running citi into the ground."}
{"_id": "515427", "title": "", "text": "their only real competition at this point are places like Amazon.com, which treat their employees just as shitty, but people like deliveries where they don't see the workers wallowing in their misery.   I'm not saying never shop at places, but we should be pushing for workers rights reforms. Its clear the invisible hand of the market is not able to force companies to be ethical when there aren't enough jobs for people to run to that are."}
{"_id": "515440", "title": "", "text": "\"My father imparted this advice to me when I was a teenager, and it hasn't failed me yet. > Pay yourself first What this means is that the first \"\"bill\"\" you pay should always be your savings. Preferably in a way that automatically comes out of your paycheck or account without requiring you to take an active step to make it happen.  I save a ton of money, but I am no more disciplined than anyone else. I just realized that over the years of progressing in my career that I gradually got higher and higher salaries, yet never had a substantial increase in the money I had leftover in my bank at the end of the month despite the fact that I make about 8x the money I used to live reasonably comfortably on. Therein is the point, we spend whatever money we see, so you almost have to hide it from yourself. First, participate to the fullest in your company's 401k if they offer it. After a while you will adjust naturally to the net take home pay and won't miss the savings you are accumulating. Absent that, or in addition to that, set up a separate bank or investment account and arrange an automatic transfer from your checking account every month. Then set up automatic investing in CD's or some other less-liquid-than-cash investment so you it is just enough hassle to get at the money that you won't do it on a whim. It sounds too simple, but it works.\""}
{"_id": "515450", "title": "", "text": "\"You've touched on a very abstract concept that exist partly due to fractional-reserves and directly due to currency having no base (ex. not backed by gold), money can and does just pop into existence. To answer your question, we have to understand that the criminal is irrelevant. \"\"Can't a cyber criminal increase/decrease a bank's holdings just by changing a number in a computerized ledger book?\"\" The bank wouldn't need the cyber criminal's aid, they could change their own holdings. They have their own computers after all. Money's value is derived from trust. A bank that would change its own books would be black-balled. Similarly, a bank that un/consciously allows a cyber criminal change their holdings would lose trust. If this was a small transaction, they bank bottom line is unaffected. If these scandal is large enough to affect a bank's bottom line, the difference would be noticeable and raise suspicion.\""}
{"_id": "515502", "title": "", "text": "They specifically state on their website this waiver does not apply to this incident.  It only applies to the use of their credit monitoring product.  [link to website](https://www.equifaxsecurity2017.com/).    So basically you can't have identify fraud then blame it on their credit monitoring tool.  In this case, Equifax is guilty of several things, not related to this product, so they can't just sneak in a clause like this."}
{"_id": "515513", "title": "", "text": "Yeah because paying millions a year in taxes is somehow less than than paying the nothing the poor pay. This constant belief that services should cost a percentage instead of a fixed rate that everyone pays is a joke. There is nothing equal about going into a McDonalds lining everyone up based on income then making one guy pay for everyone else because he was more successful. Then calling it equal or fair, which it isn't."}
{"_id": "515530", "title": "", "text": "\"&gt; You failed to address the part where I said Tesla wants major car companies to compete. That has been the entire point all along, from the very start. And competition would be good for Tesla, because instead of Tesla alone having to spend resources on educating the ignorant public (e.g. you), this way other auto manufacturers would be able to help. And Tesla would have other yardsticks to compare to, and to say \"\"see, we're better than them.\"\" Tesla welcomes this.   I didn't address it because there is no need to.  For the electric car industry to work as a whole yes there needs to be more competition.  TESLA's competitors, however, are going to wipe the floor with TSLA because TSLA is committing massive capital to old tech.  &gt; Auto companies are behind the times because they've outsourced nearly all of their engineering expertise. They are good at volume production and engines. That's most of what's left of any major auto manufacturer. So take away the engine, and they have nothing. To make a compelling EV, they need to start from scratch, and it takes years to develop a car. This is why competition hasn't come, and why compelling competition isn't coming. The only companies with somewhat compelling offerings are those who started very early - BMW and Nissan - or those who have partnered with Tesla - Mercedes and sort-of-Toyota. Porsche has a chance since they still have engineers, but they're dragging their feet. Everyone else is basically fucked. And not just because of the lack of engineering, but because of the nature of large companies. It takes a lot to right a large ship.  I'm not sure how to answer that.  It's all just speculation.  The competition is waiting for the first big mover to do just what TSLA is going.. being the first mover, then coming in and wiping the floor with them.    &gt;Companies will be loathe to release compelling EVs because they will compete against themselves, they will have to advertise the EVs as if they are better than their gas offerings which still make up 99% of their sales. This puts them in a sort of paralysis and they can't do anything about it. Someone is going to take bites out of their market share, and it's either going to be them or it's going to be Tesla.  That's just silly.  Car companies are in the market to sell cars.  Every new car model competes with an existing model.      &gt; In the real world there is specialization. Some companies design cars, others design batteries. &gt; Have you seriously never heard of vertical integration? My previous paragraph talks about the perils of the sort of specialization you're talking about. Because automakers have spun off all their expertise, they are not nimble enough to compete in a changing market. Vertical integration is not the answer to everything, but it is a very good way to make your company nimble and keep costs down if you can do it. That's what Tesla is aiming for. It's not a new concept...and the fact that you've never heard of it \"\"confirms my view that you don't understand the issues.\"\"  If you want to argue that all of the last 30 years of free markets and the value of specialization is wrong, go ahead.   &gt; THE ACTUAL BATTERY COMPANIES wouldn't do it. But you think Musk knows more about batteries than the actual battery companies. &gt; Tesla has particular expertise about automotive batteries, yes. They do their own battery research and have their own IP and patents (which they've opened) related to it. And they have a partner, Panasonic, who is the leader in batteries. Did you know that? Did you know that Panasonic is partnering in the battery factory? Because it sounds like you didn't, which \"\"confirms my view that you don't understand the issues.\"\" &gt; Panasonic is partnering in their battery factory, and will be responsible for much of the production. And Panasonic has been making quite a tidy profit on their battery manufacturing for several years thanks to Tesla.  They are committing massive capital to old technology.  That's a loser play, but it will help the industry as a whole and those that are going to come in with the next generation of batteries while TSLA is stuck with massive capital in lithium ion.   &gt; &gt; Literally in the same exact call that this article is about, on the same day, Panasonic and Tesla announced that Panasonic is spending massive capital for a plant to supply TSLA cars. Not only have they increased production at their own plant tremendously over the course of the last few years, they will end up spending a billion dollars on the Tesla plant.So no, you really, really don't understand it.   \"\"We haven't decided yet on the specifics of when or how much investment we will be making,\"\" Panasonic Chief Financial Officer Hideaki Kawai said at a news conference in Tokyo.  (http://www.marketwatch.com/story/panasonic-to-help-build-tesla-battery-plant-2014-07-31-84851841)  It seems Panasonic is not as optimistic about the plant as you are.  So the question is, why bother the big fanfare about a plant when all it is is a rough idea?  To keep the sucks putting up money.\""}
{"_id": "515532", "title": "", "text": "Not too bright huh?  Its an inevitability because of the [incessant Yammering](http://edition.cnn.com/2017/09/12/middleeast/netanyahu-exclusive-interview/index.html)  And when Iran goes nuclear, Saudi Arabia will be quick to follow, and then Jordan and Turkey . .  I am afraid soon you will not need street lights at night . .you will be surrounded by so many chocolate dough nuts, your balls will be glowing in the dark  And then perhaps we can have some peace and quiet  Shalom"}
{"_id": "515534", "title": "", "text": "&gt; Ideas have no inherit value, so they can't be cheap or expensive  I really don't know where you get this idea. This comment shows some ignorance of how business works, and doesn't give me much confidence in the value of your upcoming suggestions."}
{"_id": "515570", "title": "", "text": "I like those links you added. The first one is highlighting that most of the issues of manufacturing of electric cars are shared by their non-electric counterparts. Plus if you live in a clean energy area (I do at least) then the impact is even less than typical. So it is something that is dependent on other eco-friendly movements. The more we push towards sustainable tech and energy, the more Tesla and electric vehicles will benefit.  Also, good on you for keeping up on maintenance. It's not too common a thing for people to take good care of their cars."}
{"_id": "515579", "title": "", "text": "If I understand you correctly, you are noticing that a stock's price can change drastically when the time changes from pre-market trading hours to open market hours. This could occur because a much smaller pool of investors make trades during pre-market and after-market hours. When the regular market opens there is a large influx of trades, causing the prices to jump."}
{"_id": "515583", "title": "", "text": "How easy is it to take out your money? To they offer any trading? Do you have to put more money up on your own to trade with?  This seems pretty sketchy. I am currently working at a prop trading firm and although some sketchy firms require you to make a deposit, most legit ones do not. Not to mention their commissions are incredibly high (I interviewed at another sketchy firm but only charges a couple cents for commission).   &gt;most of the time you get rebates on them  If it is not explicitly stated in the contract of how they decide your rebates than don't expect much. Most of the trading industry is build around taking advantage of people where people's word soon becomes meaningless unless it is in writing."}
{"_id": "515615", "title": "", "text": "If your credit card's interest rates are not more than your 35% (25% for your tax bracket and 10% penalty), there is no way I would consider this. If you boil it down to the numbers, you are asking whether you should borrow money at a 35% interest to pay off your credit cards. I would say Absolutely Not! $20K of auto loans which equal $1100 a month in payments. Also we purchased a car for me a year ago which is 375 a month. Probably shouldn't have done it but the car I was driving was on it's last leg. Where is the $805 difference going? You've got to make sacrifices, and right now you are leaning towards sacrificing your future for your present. It would take years of Large Contributions to make up for the money lost in early withdraw penalties and taxes, not to mention the loss in growth these accounts would have been earning if left alone. This plan is similar to saying you want to spend $60k to pay off $40k. Don't do it! If it was me, I'd get a couple $3,000 cars. That should free up at least $600 a month and reduces your debt by $14k. I'd also pull my child out of private school unless there is really no public option, which based upon your refusal to consider selling your house, I image there's a decent public school near your neighborhood. That's an extra $500 a month. Next, I'd sell anything that I could through craigslist or garage sales. I'd get on a written budget and the envelope system, to make sure you are really as 'tight' as you are presenting in your question. Hating Debt is a great motivator, but you shouldn't let it lead you to make even bigger financial mistakes. I think you started doing well and got promotions and did what almost everyone else does; you increased your standard of living. No matter what you choose to do, you will never build your retirement or have financial stability without living on a budget and spending less than you make.  Maybe attacking this debt the old-fashioned way will give you the tools you need to gain financial stability long-term. Updated to address calculations Assuming 18% CC interest and 10% IRA Growth. And always spending at least $1500 on CC debt until it's gone, then $1,500 back into retirement after that. If you continued paying $1,500 a month the credit cards would take about 71 months to pay off. In that time, you'd spend a total of $106,500 on the debt.  Your plan would spend $60k upfront to reduce the debt by $40k. The new balance of $25k would be paid off in 20 months and would cost $30k total. Total cost on your plan would be $90k. Your plan pays $16.5k less in total, and it would be 51 months quicker. However, you would have no retirement at age 40.  If you then saved $1500 a month in retirement, you would catch up to the $70k loss in your IRA at age 49 (I'm including growth in both accounts to calculate this). If you had instead just left the IRA alone, you'd be done with the CCs at age 44. If after age 44, you put in $1500 month into retirement your plan would never catch up to this plan. It seems to me that cashing out your IRA is a 5 year detour."}
{"_id": "515632", "title": "", "text": "That's because you don't have enough imagination to really put yourself in someone else's shoes, so you view everyone's circumstances as if they were you. People who think like you should be among the last allowed to have any sort of input into public policy."}
{"_id": "515643", "title": "", "text": "So, couple of things. Firstly, every international ETF includes risk disclosure language in the prospectus covering both market disruption events as well as geopolitical risk, so the sponsor would be pretty well insulated from direct liability for anything. If the Russian market were truly shut down there are true-up mechanisms in place but in the scenario you're describing the market is still open, it's just only a few participants can trade in it.  First thing to do is shut down creates- that is, allow no new money to come into the fund. This at least prevents your problem from getting bigger.   Second you're going to switch all redemptions to in kind only. MV itself can't trade in the underlying so they're kind of jammed here. An ETF sponsor can't really refuse your redemption request (can delay, but only for a short time), but they can control the form in which they respond to it.    What theoretically should happen here is an AP not subject to sanctions will step in and handle redemptions.  Issue is, they'll probably charge for this so you should expect the fund to start trading at a discount to NAV (you, as an investor, sell to them cheaply, they submit a redemption request, then sell the stocks locally). Someone else has pointed that market makers will start stat arbing the fund using correlated/substitute instruments, which totally will help keep things in line, but my guess is that you'd still see the name trading away from NAV regardless. Driver of this will be the amount of money desperate to get out - if investors are content to wait the sanctions out who knows."}
{"_id": "515645", "title": "", "text": "If you want your order to go through no matter what then you should be using market orders rather than limit orders. With limit orders you may get the price you are after or better but you are not guaranteed to get your order transacted. With a market order you are guaranteed to get you order transacted but may get a price inferior to what you were after. Most times this should only be a few cents but can get much larger in a fast moving or less liquid market. You should incorporate this slippage into your trading plan. Maybe a better option for you, if you are looking at + or - 0.5% from the last price, would be to use conditional triggers (stop buy and sell orders) with your market orders. Once the market moves in your direction your conditional order will be triggered and the stock will be bought at current market price."}
{"_id": "515651", "title": "", "text": "The benefits Apple offers are pretty amazing. 15% discount on stock (you can allocate up to 10% of your paycheck to stock purchases). 25% 401K matching (apple matches 25%. You can allocate up to 25% of your paycheck to the company 401k). Excellent health/vision/dental/etc benefits to anyone working 30 hours a week or more. Employees are usually given an iPhone or iPod to have, so that they are seen by customers using Apple products.  Best Buy and Staples probably don't do all of these things for their salespeople."}
{"_id": "515652", "title": "", "text": "\"The classic definition of inflation is \"\"too much money chasing too few goods.\"\" Low rates and QE were intended to help revive a stalled economy, but unfortunately, demand has not risen, but rather, the velocity of money has dropped like a rock.  At some point, we will see the economy recover and the excess money in the system will need to be removed to avoid the inflation you suggest may occur. Of course, as rates rise to a more normal level, the price of all debt will adjust.  This question may not be on topic for this board, but if we avoid politics, and keep it close to PF, it might remain.\""}
{"_id": "515656", "title": "", "text": "Blockbuster should have done some sort of rental package where you could return their mailers to the the store and get a couple of in store rentals for 10 bucks a month or something. This could have cut down on the turn around time with Netflix. At least they could have made some money rather than no money. I'm sure they didn't think things would turn out the way they did tho."}
{"_id": "515657", "title": "", "text": "People like to shit on Taco Bell but I'll be damned if much of their menu isn't pretty damn good considering the cost of it. Given, I wouldn't (and don't) eat it all that often, but you can really stuff your face for $3 and some change with food that is actually pretty good. Got me through some financially rough times in my late teens/early twenties. Nowadays I can afford to upgrade my beef burritos to steak, boi! Always assumed it was just another American fast food chain that made it's way across the pond."}
{"_id": "515668", "title": "", "text": "If you 'took' redundancy, then it generally means you've accepted to resign after being offered a package. Firms will try to offer people redundancy before forcing mandatory redundancies. It reduces your employment rights, as you can't immediately claim things like Job Seeker's allowance, but it also means the firm can fill your position sooner than if they had made you redundant.  In this case, they were mandatory, and they'll probably only get the statutory and contractual payout their union had agreed to previously."}
{"_id": "515690", "title": "", "text": "I don't quite understand your thought process here.  First, in a tax-advantaged retirement account you are NOT allowed to engage in a transaction with yourself.   If you just want to run a business and be able to write off expenses, how is using the self-directed IRA relevant? You can either buy the condo using your tax-advantaged account and rent it out to regular tenants.  Or you buy the condo yourself using your own money and then operate your business so you can deduct business expenses from doing so.  401k's allow you to take a loan out of it, so you can look into that as well."}
{"_id": "515714", "title": "", "text": "I vehemently disagree with this. Greek crisis is completely different form Spanish, Irish or Portuguese crisis. Greece has a balance of payments + fiscal crisis, due to a government which has not been balancing its budgets for decades (ever?). Greece cannot spend its way out of this crisis because this isn't a demand led crisis."}
{"_id": "515724", "title": "", "text": "The USDA is a joke. Fertilizer companies have had non organic substances labeled as organic for decades.  So basically you just have to use organic antibiotics and feed but nobody has to prove they did that or prove it's organic, so it's all bullshit. You CAN get audited but it rarely happens. There is absolutely no reason to think organic means healthier for you.  The use of antibiotics really has nothing to do with organic vs non-organic. Antiobiotics can be made organically and plenty of organic shit is horrible for you. Periodic use of antibiotics should not be seen as non-organic. If anything this just further highlights the USDA is full of shit."}
{"_id": "515730", "title": "", "text": "\"This article just says that we are the precipice of the \"\"biggest crash in his life\"\" because we are due for a downturn in the natural cycle of economics. Why in the world would you call a natural downturn the \"\"biggest crash in his life\"\" with literally no other justification? These articles shouldn't be allowed on this sub.\""}
{"_id": "515738", "title": "", "text": "No. The market cap has no relation to actual money that flowed anywhere, it is simple the number of shares multiplied by the current price, and the current price is what potential buyers are (were) willing to pay for the share. So any news that increases or decreases interest in shares changes potentially the share price, and with that the market cap. No money needs to flow."}
{"_id": "515747", "title": "", "text": "I worked at MB for 4 years, ending back in 2008. I loved that place, it was a great job for high school student to have, it shaped a lot of my character. I'd hate to see a store and company so beloved by the public to disappear but it seems that the Demoulas family can't get their shit straight. They'd rather watch it all burn down than admit defeat and allow their legacy company to thrive as it once was. And I fell for my former co workers, who are risking everything to stand for what the believe in, it's remediable to say the least. Honk if you see them, letting them know they are still supported is important even to the bitter end."}
{"_id": "515761", "title": "", "text": "\"The term is \"\"first lien,\"\" meaning first claim to the assets. It's insider dealing, but I don't know if Sears could actually get as much money this cheap from anyone else.   I actually think this is a better deal for Sears than Eddie.\""}
{"_id": "515765", "title": "", "text": "&gt;So if some 3rd world country with 0 infrastructure offers a better tax environment, we should just join them in the race to the bottom?  US companies don't want to domicile in a 3rd world country. That's not who we compete with for corporate domiciling. We compete with other anglophone countries and some northern European countries with far lower tax rates.  &gt;but whatever is happening in the tax code that makes these inversions possible needs to be fixed.  That would be the high tax rate. Unless you want to make it illegal for an American company to buy another company or to sell itself. I expect we will hear that soon from some of the totalitarian leftists.  the NYTimes has the cyclical average effective corp tax rate for S&amp;P500 companies at 29%. That's pulled from CapIQ which pulls directly from SEC documents.  http://www.nytimes.com/interactive/2013/05/25/sunday-review/corporate-taxes.html  Citizens for Tax Justice is a hopelessly distorted propaganda outfit. The summary (let alone the org's name) should have alerted you that any findings are distorted bullshit.  These dumb fucks don't think stock compensation is an expense. They do not understand the economic reasoning behind accelerated depreciation. They are financially and economically retarded. On top of that they desire the full 35% corporate tax rate on all global income of US corporations without any deferments, by far the most punitive corporate tax treatment in the entire world."}
{"_id": "515788", "title": "", "text": "The general difference between high dividend paying stocks and growth stocks is as follows: 1) A high dividend paying stock/company is a company that has reached its maximum growth potential in a market and its real growth (that is after adjustment of inflation) is same (more or less) as the growth of the economy. These companies typically generate a lot of cash (Cash Cow) and has nowhere to really invest the entire thing, so they pay high dividends. Typically Fast Moving Consumer Goods (FMCG) ,Power/Utility companies, Textile (in some countries) come into this category. If you invest in these stocks, expect less growth but more dividend; these companies generally come under 'defensive sector' of the market i.e. whose prices do not fall drastically during down turn in a market. 2) Growth stocks on the other hand are the stocks that are operating in a market that is witnessing rapid growth, for example, technology, aerospace etc. These companies have high growth potential but not much accumulated income as the profit is re-invested to support the growth of the company, so no dividend (you will be typically never get any/much dividend from these companies). These companies usually (for some years) grow (or at least has potential to grow) more than the economy and provide real return. Usually these companies are very sensitive to results (good or bad) and their prices are quite volatile. As for your investment strategy, I cannot comment on that as investment is a very subjective matter. Hope this helps"}
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{"_id": "515815", "title": "", "text": "As someone with a lot of student loan debt, I can relate - the first thing you should do is read the promissory note on your current loans - there might be information there you can use.  For govt loans (stafford, etc) made after July 1, 2006 the interest rate is going to be fixed and even a federal direct consolidation is not going to lower the rates themselves.  If anything, consolidation will just increase the repayment period, which means you'll end up paying more in the long run.   Most private Loans usually offer variable interest rates, which today are quite low. But unless your financial situation is very comfortable and stable, consolidating out of federally guaranteed loans into private loans might not be the best path.  You might lose options like deferment, forbearance, and maybe even things like a death benefit (if you die, your loans die with you). related - if you have a co-signer you don't get that death benefit! But refinancing into a variable rate private loan is going to push a lot of risk to you in terms of interest rate inflation, etc. Most financial professionals will agree that interest rates can only go up in the long run. Keep in mind, student loans are completely unsecured - meaning lenders are taking a fairly large risk in loaning money (and probably why the fed govt has to guarantee most of them).  I've heard of people borrowing against their home equity to pay down student loan debt - but I can't think of a reason you'd want to substitute secured for unsecured debt and possibly lose the loan interest tax deduction.  The bottom line is you're unlikely to find an alternative lending source at a lower interest rate for an unsecured student loan.  Another option may be the income based repayment plan. If you qualify, it caps student loan monthly payments at 15% of your discretionary income (discretionary is your income minus whatever the poverty threshold income amount is). And if that 15% doesn't even cover the interest on the loans, the govt picks up the tab for the difference (for up to 3 years). You have to re-qualify every year by sending in all sorts of documentation, but if you somehow stay on IBR for 25 years, your loans are then forgiven. Obviously the downside here is that you are probably paying little to no principal, but if you do the math and determine that your IBR payment would be next to nothing, and your current situation is barely paying interest-only... well, maybe IBR isn't a bad thing for a couple of years (or 25 if you think you will never have a larger income).   Personally, I went through all these options as well and decided that my best option was to just earn more money... a 2nd job or side project here and there helps me pay down the debt faster, and with less risk, than moving to private variable rate loans."}
{"_id": "515837", "title": "", "text": "Happened with my family. My wife could not work for an extended period after birth of our first child. At the same time I was injured and due to the injury the doctor would not release me to return to the same position so I was let go. It was a good paying job at the time. To top it all off if we both picked up minimum wage jobs working we lost all food benefits and could pay our bills but not afford food. We also had to work around each others and our parents schedules so we had someone to watch our baby. If we were paying 100+ a week for childcare while working we would have been starved."}
{"_id": "515871", "title": "", "text": "You should hold them back, actually, for purely pragmatic reasons. Throughout human history, some humans have dominated, or sought to dominate, others. This is probably not going to go away, and if you create a group of elites who are rich and enhanced, they will eventually seek to dominant their lessers. That is, their enhancements will make them our betters, literally, and at some point after that you're born into slavery or the elite."}
{"_id": "515875", "title": "", "text": "The eMerchant is looking for SEM reseller who can get local business in their area under our brand name and generate good profits. The resellers will be marketing exclusively in one specific region and our past experience and testimonials will help them in signing up new clients. Get all the initial supports required."}
{"_id": "515882", "title": "", "text": "i will probably choose to buy a stereo or a dvd player, as opposed to designing and building my own, but i can grow a potato, as long as i dont go to prison for growing a potato.  i just might grow my own produce, you dont know what i grow.  but i do not have the freedom to grow weed, because the police will raid my home and take my children and they will put me in prison and they will auction my home to strangers, lol...  for the five hundredth time, i have the freedom to grow a potato or a carrot, but if i grow one single weed plant i will be sent to prison with murderers and rapists.  #when weed is decriminalized, then i will not need to buy weed from criminals,... lol.."}
{"_id": "515886", "title": "", "text": "I think you can find many competent people for a couple million a year. You don't need the packages that are becoming the norm to get the right people. I wish I could provide concrete examples but a simple google search provides compelling data that just because you pay someone 20 million a year doesn't mean they add commiserate value in most situations."}
{"_id": "515942", "title": "", "text": "This is only one of a series of questions your friend needs to understand. They will also need to know what happens to: vacation balances; the vacation earning schedule; retirement fund matching; the pension program; all the costs and rules regarding health, dental and vision;life insurance amounts. Some of these can be changed immediately. Some will not be changed this year because of IRS regulations. Everything can be changed by the next year. But there is no way to know if they will change a little a possible or as much a possible. It will depend on if they are buying the company, or if the company is going out of business and the new company is buying the remnants. They may also be essentially terminating the employees at the old place, and giving them the first opportunity for interviews. If they are essentially quitting they will not have to continue paying into the plan. The bad news is that their last day of work is also probably their last day to incur expenses that they can pay for with the flexible plan. If They are being purchased or absorbed the company will likely make no changes to the current plan, and fold them into the plan next year. I have been involved with company purchases and company splits, and this is how it was handled."}
{"_id": "515943", "title": "", "text": "Look at how fast you are backpedaling. My statement was that you can get a union job at Boeing with nothing more than a high school degree and a passing drug test. Both my observations and Boeings own job posting lend certainty to the fact that that statement was accurate.  You don't seem to have the courage to just outright admit you're wrong, so that will have to do.  &gt;You're not proving anything by showing me the job specs.  You claimed that it required more than a high school diploma to get a job at Boeing. I proved you to be incorrect.  &gt;What you don't understand since live in a world where your resume gets you in the door is that the difficulty of a job  I don't think there's anything involving this conversation that you understand but I don't. I understand how difficult getting a job at Boeing is. I understood the requirements while you falsely claimed that they were something other than what I said. And I have fought far harder to get where I am than you have for anything in your career, so I am aware of the difficulty of getting jobs in general.   By the way, if you're relying on your resume to get your foot in the door you have already failed.  &gt;And just for the record, Boeing's thousands of union professional and technical aeronautical engineers would like to have a word with you about lack of credentials required to get a union job at Boeing, if we're going to split hairs.  So your argument is now that SOME of the union jobs require greater credentials? Really? Nice try but your bullshit argument reframing isn't going to fly."}
{"_id": "515963", "title": "", "text": "This piece goes some way to explaining why phenomena such as Brexit and Jeremy Corbyn happened. It also shows the underlying reason behind the current public backing for a public pay rise - we don't care about the economy as much as we used to between 2008-2014. Any thoughts welcome!"}
{"_id": "515974", "title": "", "text": "One issue which I don't see addressed in the answers so far is how to structure bank accounts to get the highest return possible. What you're describing sounds like a certificate of deposit (CD): 'ranging from 1% for 9 months to 2.3% for 5 years' There is a concept which was once more common called a CD Ladder, which still allows you to access your money, while also giving you the highest interest rate offered by the bank.   To set one up you divide your account into 5 equal parts, then open 5 CDs with different periods (1-5 years).  Each time a new CD matures (once a year), you purchase another 5 year CD with those funds, plus any new money you want to save.   Thus you're getting a higher and higher rate, until all of your accounts are earning the 5 year CD rate, and you're never more than a year away from getting money out of the account if a need comes up."}
{"_id": "516034", "title": "", "text": "\"But \"\"Bad with money\"\" also means not hoarding money, it means putting it back into the real economy, buying goods and services they may not necessarily need but that provide livelihoods for others.  But I think you're right.  People in America feel poor when they compare themselves to the super rich, but in reality, we do spend on stuff we don't need and have far more income per labor unit then in some other countries.    If a person shares housing with others, buys their clothes from the goodwill, and grows their own food in their garden and doesn't waste electricity, water, and spend money on entertainment and stuff they don't need, it really is possible to get by on very little.   Still, this isn't a recipe for peace and prosperity of a society: https://www.nytimes.com/interactive/2017/08/07/opinion/leonhardt-income-inequality.html\""}
{"_id": "516038", "title": "", "text": "It's almost nice, in that it doesn't draw negative attention to an organization for being a spammer. If the org can figure out how they got on the list, resolve the issue, and get back to good standing, then we can all move on civilly. There might even be a legal reason why the list isn't public. Libel?"}
{"_id": "516050", "title": "", "text": "This is a question with a flawed premise.  Credit cards do have two-factor authentication on transactions they consider more at risk to be fraudulent.  I've had several times when I bought something relatively expensive and unusual for me, where the CC either initially declined and sent me a text asking to confirm immediately (after which they would approve the charges), or approved but sent me a text right away asking to confirm (after which they'd automatically dispute if I told them to).  The first is legitimately what you are asking for; the second is presumably for less risky but still some risk transactions). Ultimately, the reason they don't allow it for every transaction is that not enough people would make use of it to be worth their time to implement it.  Particularly given it slows down the transaction significantly (and look at the complaints at the ~10-15 seconds extra EMV authentication takes, imagine that as a minute or more), I think you'd get a single digit percentage of people using that service."}
{"_id": "516056", "title": "", "text": "So the concern is not from the business operation side but from the consumer side -- the business owners are worried their customers will cut back and reduce their business? OK, that actually makes sense. It's too bad professional writers can't clearly express a simple idea like that in an article on the topic. Thanks for clearing that up."}
{"_id": "516058", "title": "", "text": "\"&gt;\"\"Our support for these (shareholder resolutions on climate risk) proposals is not a matter of ideology, it's a matter of economics,\"\" he said. \"\"To the extent there are significant risks to a company's long-term value proposition, we want to make sure there is long-term disclosure of those risks to the market.\"\"  the irony is indescribable\""}
{"_id": "516066", "title": "", "text": "This would be better posted in /r/personalfinance. But since I'm here, you need to seriously consider selling anything you can possibly part with and pick up a second and/or third job. I hope you didn't charge that whiteboard purchase."}
{"_id": "516067", "title": "", "text": "\"Two comments on your calculations: I worked for many years at a community college (Ontario, Canada) where I received an annual salary for the contract period Sept 1, Year N, to August 31, Year (N + 1). For most of that time, the system was 26 pay-cheques a year, one every 14 days. Payroll made most mandatory deductions (union dues, pension, etc.) on a monthly basis, assigning them to one or the other of the two cheques each month.  So there was a fairly large variation in the net amount received in the two cheques.  Plus there were those two \"\"extra\"\" cheques each year with very few deductions. (as in the answer of @Kate Gregory) Additionally, Payroll was smart enough to make the last cheque of the contract year for a slightly odd amount, just the correct amount to bring the total gross amount paid to the actual contractual salary, evening out any extra days or rounding error. They would restart the payment schedule anew on the second Thursday in September.\""}
{"_id": "516069", "title": "", "text": "That's the same question I've been pondering.  How did they handle it in Canada umpteen years ago on their test run?   Obviously they're not giving out a lump sum at the beginning of the year, but what about month to month?"}
{"_id": "516076", "title": "", "text": "\"I just don't know how else an employee gains any bargaining power without one? It seems to me in companies in my industry that those without unions bargain their own wage in secret. Then the company wins because its me vs you all the time. A union makes wages and benefits more transparent. You can pick up a copy of my collective bargaining agreement and see what everyone makes. Also you gain the backing legally with resources not available to most persons on their own. I just don't know another way employees can have any \"\"advantage\"\" in a common workplace.\""}
{"_id": "516078", "title": "", "text": "I work at BATS Chi-X Europe and wanted to provide some clarity/answers to these questions. BATS Chi-X Europe is a Recognised Investment Exchange, so it is indeed a stock exchange.  Sometimes the term \u201cequity market\u201d could be used when explaining our business, but essentially we are a stock exchange.  As some background, BATS Chi-X Europe was formed by the acquisition of Chi-X Europe by BATS Trading in November 2011. At the time of the acquisition, each company operated as a Multilateral Trading Facility (MTF) for the trading of pan-European equities via a single trading platform. The category of MTF was introduced by MIFID (markets in Financial Instrument Directive) in 2007, which introduced competition in equities trading and allowed European stocks, to be traded on any European platform. Until 2007, many European stocks had to be traded only their local exchanges due to so-called \u201cConcentration Rules\u201d. Following the acquisition, BATS Chi-X Europe became the largest MTF in Europe, offering trading in more than 2,000 securities (2,700 securities by September 2013) across 15 major European markets, on a single trading platform.  In May 2013, BATS Chi-X Europe received Recognised Investment Exchange status from the UK Financial Conduct Authority, meaning that BATS Chi-X Europe has changed from an MTF status to full exchange status. In response to question 1: The equities traded on BATS Chi-X Europe are listed on stock exchanges such as the LSE but also listed on the other European Exchanges. The term \u201cthird party\u201d equities is not particularly useful as all stock trading in Europe is generally a \u201csecond hand\u201d  business referred to as \u201csecondary market\u201d trading. At the time of listing a firm issues shares; trading in these shares after the listing exercise is generally what happens in equity markets and these shares can be bought and sold on stock exchanges across Europe. Secondary market trading describes all trading on all exchanges or MTFs that takes place after the listing. In response to question 2: BATS Chi-X Europe trades over 2,700 stocks on its own trading platform. When trading on BATS Chi-X Europe, orders are executed on their own platform and will not end up of the LSE order books or platform. The fact that a stock was first listed on the LSE, does not mean that all trading in this stock happens via the LSE. However settlement process ensures that stocks end up being logged in a single depository. This means that a stock bought on BATS Chi-X Europe can be offset against the same stock sold on the LSE.  In response to question 3: As noted above, BATS Chi-X Europe received Recognised Investment Exchange (RIE) status from the UK Financial Conduct Authority in May 2013, meaning that BATS Chi-X Europe has changed from an MTF status to full stock exchange status. As an exchange / RIE, BATS Chi-X Europe is authorised to offer primary and secondary listings alongside its existing business.  According to the Federations of European Securities Exchanges (FESE), BATS Chi-X Europe has been the largest equity exchange in Europe by value traded in every month so far in 2013. In August, 24.1% of European equities trading in the 15 markets covered were traded on BATS Chi-X Europe. In July and August, the average notional value traded on BATS Chi-X Europe was around \u20ac7.2 billion per day. Hope this information is helpful."}
{"_id": "516096", "title": "", "text": "The math that works at the nation-scale doesn't work the same for an individual or even smaller companies (even though larger companies actually dwarf many whole *countries*).   So while US Treasuries are a good investment for many foreign governments, that isn't universally true for all investors."}
{"_id": "516103", "title": "", "text": "Find smaller payments he can make. Maybe a % of each client he takes payment from.  Consult with a lawyer or google buisness contract elements and find fill them out and see what he can do. If the checks are no good bouncing them isn't going to help anything. Nor is getting a judgment from a small claims court. He can still not pay(though stays on his credit for 25 years), file for bankruptcy, etc."}
{"_id": "516108", "title": "", "text": "\"Fair question, I'm being a bit broad there, and innovation in many ways. I am not sure what the original context is here.  In my experience, when people say \"\"technology race\"\" they are typically referring to to the business context, i.e. computer manufacturers and their competing product portfolios, like Apple vs Samsung vs Google, or Uber vs Lyft. If it's a thing other than that, I've never heard of it\""}
{"_id": "516113", "title": "", "text": "You can make a purchase at the after market price by sending an order that gets executed in after market. Often times these are called Extended orders, or EXT. With an EXT limit order it will place the bid on the after market hours order book. If you get filled, then you have the shares.  This is the answer."}
{"_id": "516121", "title": "", "text": "\"I agree.  It was a nice summary for the most part but anybody who seriously wishes to understand money should read \"\"wealth of nations\"\".  This sort of oversimplification can actually be more misleading than clear.  Theres a reason why \"\"wealth\"\" is such a huge fucking book...\""}
{"_id": "516127", "title": "", "text": "Negotiating a deal can be as easy as purchasing a toothbrush or sometimes turn as complicated as purchasing a new plot. It is much simpler if you are dealing with a single owner who is quite flexible or some large sized corporation that has zero negotiation policy."}
{"_id": "516136", "title": "", "text": "\"If I buy the one from NSY, is it the \"\"real\"\" Sinopec? No - you are buying an American Depository Receipt. Essentially some American bank or other entity holds a bunch of Sinopec stock and issues certificates to the American exchange that American investors can trade.  This insulates the American investors from the cost of international transactions.   The price of these ADRs should mimic the price of the underlying stock (including changes the currency exchange rate) otherwise an arbitrage opportunity would exist.  Other than that, the main difference between holding the ADR and the actual stock is that ADRs do not have voting rights. So if that is not important to you then for all intents and purposes trading the ADR would be the same as trading the underlying stock.\""}
{"_id": "516141", "title": "", "text": "\"Ah, shit... sorry to hear all that... been there, done that.  The number of idiots in middle and upper management never ceases to amaze me.  Nor does the extent of the fiascoes and messes they manage to create, or the amount of money they manage to piss away in the process. (I've cleaned up more than my share, typically on a shoestring {and without all that much reward} -- alas, it's become somewhat of a \"\"special skill\"\" -- the downside of which is that once I get the mess all cleaned up and everything working like a clock... I get bored out of my mind).  So you have my sympathies.  Best wishes in finding a new work-home. (And keep running a tight personal-financial ship, it not only allows you to be a bit more confident in life {knowing you don't have to fear some individual or corporate jackasses' self-destruction}, but eventually it allows you to say \"\"F U\"\" to the whole mess.)  Cheers!\""}
{"_id": "516148", "title": "", "text": "\"I was able to find a fairly decent index that trades very close to 1/10th the actual price of gold by the ounce. The difference may be accounted to the indexes operating cost, as it is very low, about 0.1%. The index is the ETFS Gold Trust index (SGOL). By using the SGOL index, along with a Standard Brokerage investment account, I was able to set up an investment that appropriately tracked my gold \"\"shares\"\" as 10x their weight in ounces, the share cost as 1/10th the value of a gold ounce at the time of purchase, and the original cost at time of purchase as the cost basis. There tends to be a 0.1% loss every time I enter a transaction, I'm assuming due to the index value difference against the actual spot value of the price of gold for any day, probably due to their operating costs.  This solution should work pretty well, as this particular index closely follows the gold price, and should reflect an investment in gold over a long term very well. It is not 100% accurate, but it is accurate enough that you don't lose 2-3% every time you enter a new transaction, which would skew long-term results with regular purchases by a fair amount.\""}
{"_id": "516152", "title": "", "text": "Ch\u00fang t\u00f4i cung c\u1ea5p d\u1ecbch v\u1ee5 gi\u00e1 c\u1ea3 ph\u1ea3i ch\u0103ng thach cao gia re. Th\u1eadm ch\u00ed d\u1ecbch v\u1ee5 tr\u1ea7n th\u1ea1ch cao cong c\u0169ng r\u1ea5t tuy\u1ec7t \u0111\u1ed1i v\u1edbi b\u1ec1 m\u1eb7t, v\u00ec n\u00f3 c\u00f3 th\u1ec3 kh\u00f4ng c\u00f3 v\u1ea5n \u0111\u1ec1 g\u00ec khi k\u00edch ho\u1ea1t b\u1eb1ng th\u1ea3m tr\u1ea3i b\u1eb1ng \u1ed1ng mao m\u1ea1ch SMY, b\u1edfi v\u00ec k\u00edch th\u01b0\u1edbc nh\u1ecf c\u1ee7a \u1ed1ng mao d\u1eabn khi\u1ebfn th\u1ea3m r\u1ea5t linh ho\u1ea1t. \u0110\u00e2y l\u00e0 m\u1ed9t trong nh\u1eefng nh\u00f3m th\u1ef1c hi\u1ec7n t\u1ed5ng th\u1ec3 cao h\u01a1n cung c\u1ea5p d\u1ecbch v\u1ee5 th\u1ea1ch cao gi\u00e1 r\u1ebb, ch\u00fang t\u00f4i s\u1eed d\u1ee5ng v\u1eadt li\u1ec7u t\u1ed1t nh\u1ea5t, tran thach cao dep. M\u1ee5c ti\u00eau c\u1ee7a ch\u00fang t\u00f4i l\u00e0 ho\u00e0n th\u00e0nh s\u1ef1 h\u00e0i l\u00f2ng v\u1ec1 tr\u1ea7n nh\u00e0 v\u00e0 th\u1ea1ch cao \u0111\u00fang c\u00e1ch b\u1ec1n l\u00e2u."}
{"_id": "516172", "title": "", "text": "I was aware that sets are calibrated differently for show vs home use, but the Samsung looked just like my monitor. Apart from the lack of artifacts, the Samsung accurately showed subtle colour graduations without any visible boundaries whereas with other sets you could sometimes see the colour boundaries. And the skin tones blew me away too. Like I said I went in with no preferences outside of a Panasonic plasma and but it was no contest. Also I carried it out the store myself as it was one of the newer really thin models whereas with the plasma I would  have have to get it delivered and set up as it weighed 3x what the Samsung weighed. Just go and do a side by side comparison."}
{"_id": "516179", "title": "", "text": "it is always fun to giggle at situations like these, and i have seen several myself with elderly lawyers, but really... what does a Navy Admiral need with eMail when they have staff?  you can carry that piece of paper with you, scribble notes on it, wave it around in a subordinate's face for dramatic effect, &amp;tc &amp;tc.    i kinda don't like the idea of an Admiral checking their gmail while trying to run one of those ships.  the fact that they don't know is pretty hilarious, however that knowledge doesn't - i wouldn't think - effect their performance on the job."}
{"_id": "516185", "title": "", "text": "my friend suggested me TheLarge Formate Printing Shop.He is the permanent customer of this shop. the print quality is excellent and rates are quite reasonable as compare to other shops. the staff is very helping and cooperative towards customers.I am fully satisfied with this shop that is why I rate it as 5 strars."}
{"_id": "516187", "title": "", "text": "We want to be able to get two cards (related: is it difficult to ask the credit card issuer for two cards, even if the account belongs to one person?) with the best credit limits and perks. No, it's actually quite common to have authorized users on your account.  They typically get a separate card with their name on it, but it's attached to your account and may or may not have the same number. Would it be better for me to apply for the card on my own, or would there be an advantage to having her co-sign? Probably faster/easier to just apply yourself and add her an an authorized user.  I know some issuers even offer additional sign up bonuses for adding an authorized user. As an afterthought, as her credit improves she can apply for the card and add you as an authorized user to again reap some more signup bonuses."}
{"_id": "516190", "title": "", "text": "\"Yep, all of these are correct.  I sat down and thought about the \"\"Money can't buy happiness\"\" line, and at the end of the day it's only correct in the strictest sense. No, nobody is selling joy at the market. You can't go down to the 7-11 and pick up a box of jubilation.  You know what, though? Money allows you to do pretty much whatever DOES make you happy. Derive joy from picking on a guitar? Well, if you're fucking filthy rich, you can buy dozens of 'em and do it all damned day if you want. Okay, but what if you're depressed -- what if it's a brain chem thing? Well, if it can be fixed, you can get it fixed with money. Doctors, prescriptions, etc. all cost.  I thought about it for a good while, and came to the conclusion that while having tons of money may not reduce the amount of problems I have (it may actually increase them), the vital difference is that none of the problems I'd have if I were rich are actually terribly important. Every problem I could think of ended up being stuff like, \"\"Well, I'd have to do a lot of research to figure out exactly the best place to build my fuck-off huge house\"\" or \"\"Gee, would it be better to rebuild my vehicle to my exact specs, or simply spend time finding an expert and giving them a guideline and hoping it turns out?\"\" At the end of the day, if you have a shit-ton of money, you can always just tell your troubles to take a flying leap and worry about them another time, ignore them forever, or _pay someone else_ to deal with them. There are a few exceptions, but every single fucking one of them would be worse if you weren't loaded.\""}
{"_id": "516214", "title": "", "text": "\"TL;DR - go with something like Barry Ritholtz's All Century Portfolio: 20 percent total U.S stock market 5 percent U.S. REITs 5 percent U.S. small cap value 15 percent Pacific equities 15 percent European equities 10 percent U.S. TIPs 10 percent U.S. high yield corp bonds 20 percent U.S. total bond UK property market are absurdly high and will be crashing a lot very soon The price to rent ratio is certainly very high in the UK.    According to this article, it takes 48 years of rent to pay for the same apartment in London.  That sounds like a terrible deal to me.  I have no idea about where prices will go in the future, but I wouldn't voluntarily buy in that market. I'm hesitant to invest in stocks for the fear of losing everything A stock index fund is a collection of stocks.  For example the S&P 500 index fund is a collection of the largest 500 US public companies (Apple, Google, Shell, Ford, etc.).  If you buy the S&P 500 index, the 500 largest US companies would have to go bankrupt for you to \"\"lose everything\"\" - there would have to be a zombie apocalypse. He's trying to get me to invest in Gold and Silver (but mostly silver), but I neither know anything about gold or silver, nor know anyone who takes this approach. This is what Jeremy Siegel said about gold in late 2013: \"\"I\u2019m not enthusiastic about gold because I think gold is priced for either hyperinflation or the end of the world.\"\"  Barry Ritholtz also speaks much wisdom about gold.  In short, don't buy it and stop listening to your friend.   Is buying a property now with the intention of selling it in a couple of years for profit (and repeat until I have substantial amount to invest in something big) a bad idea? If the home price does not appreciate, will this approach save you or lose you money?  In other words, would it be profitable to substitute your rent payment for a mortgage payment?  If not, you will be speculating, not investing.  Here's an articles that discusses the difference between speculating and investing.  I don't recommend speculating.\""}
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{"_id": "516227", "title": "", "text": "(buy these when you expect the price to go down) You 'lock in' the price you can sell at. If the price goes down below the 'locked-in' price, you buy at the new low price and sell at the higher 'locked-in' price; make money. (buy these when you expect the price to go up) You 'lock in' the price you can buy at.   If the price goes up above the 'locked-in' price, you buy at the 'locked-in' price and sell at the new higher price, make money."}
{"_id": "516230", "title": "", "text": "What matters is the combination of the loan amount and the time (hours/days/whatever) you've loaned out the money.  $100 * 10 hours * 30 times = 30K dollar-hours  The other loan is $100 * 24 hours * 30 days = 72K dollar-hours  But using your math the original loan is 30X the amount of the second."}
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{"_id": "516260", "title": "", "text": "I have read from lot of places that transferring funds from NRO to NRE is possible given correct documents are provided. Yes this is correct. The key document 15CB establishes that you have paid taxes that were due before money is transferred from the NRO account to the NRE account and/or are repatriated. Here is what I am simply doing- Steps 3 & 4 more so the step 4 can be seen as new income. So the source of the funds is originally from NRE account. However, the CA feels that since my withdrawal and deposit mechanism in NRO is cash, I might be subject to questioning.   Is there any issues in doing the above? The CA is right. The Cash Withdrawal and Cash Deposit has broken the link between the money withdrawn and the money deposited. It could easily be the case that the Cash Withdrawals were spent on expenses and the Cash Deposit is new (taxable) income to you. This new income needs to be declared and the taxes paid. If you Uncle is a close relative (the exact relationships that are called close relatives are defined by law), the return of the money can be declared to be a gift from your Uncle to you and no taxes are due from you on the money. If the funds are large, it is advised to have a gift deed. It is not a simple matter of creating a gift deed stating that your Uncle has given you a gift; your Uncle has to show how he acquired so many assets that he gave you some money as a gift and whether appropriate taxes were paid by him.  If your Uncle is not a close relative, he can still gift you up to Rs 50,000 per year without you having to pay any income tax on the money received, but again, a gift deed would be needed to account for the cash deposits. In short, keep speaking to your CA. He will advise you on the best course of action. Related Question Transfering money from NRE account in India to family member"}
{"_id": "516267", "title": "", "text": "To avoid having it become overly complicated, I suggest it be run as would a mutual fund. Mutual funds transact each evening to set a price. Transactions for purchases or sales are done at that price each evening.  Initially, you have a dollar amount invested for each person. You can calculate the percent of the 'fund' each has, and, assuming the total is under $10K, 7 digits after the decimal accuracy is enough to track each share to the 1/10 cent.  When new money is added, that night, you calculate the exact value of investments, and add the new funds, so each person now has a smaller share of the larger fund.  If you wish, you can normalize this to 'share value' so my initial investment of $1000 is 100 shares regardless of the total amount invested. Then when new money comes in, the 'shares' increase as well. This may feel better as a declining percent may just seem awkward, even though that's the case."}
{"_id": "516324", "title": "", "text": "&gt; Ok, so you like posting on reddit. but you won't actually do the work to make sure you're making sense or are correct.  I can only go on what I read in the linked post. If further research is needed, then the article is badly written in the first place.  &gt; I'm someone who knows her in real life.  Go and white knight somewhere else. Nobody gives a shit if you know her personally - we can only go on what gets posted."}
{"_id": "516330", "title": "", "text": "\"That sounds like a marketing process that might work although it would be much easier and will most likely have a better impact if you made a cool video showing it glowing in the dark at a rave/party/nightclub and had a women's voice over it saying little jabs of info and branding it as \"\"the party drink\"\" or some other brand that you want to turn it into. Then take that video and put it on FB and do some paid marketing with FB's AI system so it can find your target market and then once you do find who buys it, market the shit out of it.  After you prove that people want it, maybe find a distributor since you will then have provable sales and let the distributor sell it to every gas station and quicky mart known to man and just keep up with the marketing and branding and then boom you are a millionaire!!!  Well, maybe. haha\""}
{"_id": "516341", "title": "", "text": "Be prepared with examples of your previous work or school experiences that you can share that show you in a good light and have a positive end result.  So if they ask you a series of questions like this, you're prepared:  *  Tell me about a time when you missed a deadline, what happened?  how did it turn out? *  At times we all have trouble getting along with someone, tell me about a time that happened to you, how did you handle it?  how did it turn out? *  Tell me about your favorite project/proudest accomplishment/... at your previous job/school project/...  What did you enjoy about it?"}
{"_id": "516351", "title": "", "text": "&gt; First, the administration is confounded by inexperience, incompetence and infighting.  blasting Trump is always agenda #1 for the Fake News Times  but yea, everything was so smooth when Obama **averaged** $1.2 **trillion** per year in added debt  btw, the suck ass Republicans literally handed him that with no objections.  even Schumer was shocked the one recent year when Republicans gave Obama even more than he asked for  no, there is no **crisis** (Fake News Times) if we just turn back the clock and behave/vote the same for Trump as for Obama"}
{"_id": "516359", "title": "", "text": "No, I was only partially sarcastic. The new stock sale goes to FB, not paid out to stockholders, at this point. Whether the stock is price right depends on how that investment is spent. People forget that stock is sold to generate investment capital, not to get a short-tem bump, and see who is left holding the bag. Was FB overpriced? It depends."}
{"_id": "516361", "title": "", "text": "And it's only as cheap as 1.78% if you stay with them 10 years! They'd love that. You can kind of tell they really want to lock you in for over 4 years. I also think it's daylight robbery, but as a self execution investor I tend to have to talk myself out of that belief by default to be fair. One can wonder too, why are there even 2 fixed (percentage wise) fees? They are desperate not to have one number that is too big sounding, either the advisor fee is a rip off because they have to do all the same analysis regardless, or you could take the view that it's the only valid fee as you're paying for a slice of something, where as the other fee is what? A share of the fixed costs? Well, isn't advising as essential as anything else? I actually think Nutmeg is OK, I've not used them or dealt with them in any way but they are, to a greater or lesser degree, what I've wished for to recommend to friends who don't want to DIY, which is a cheaper next generation online investment facility, and their fees drop significantly over 100K. Going by their claimed past performance and fee structure, whilst I'd like them to be cheaper, I personally think they are not a bad choice in the market."}
{"_id": "516365", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.afr.com/business/banking-and-finance/financial-services/maurice-blackburn-weighs-cba-class-action-20170823-gy235k) reduced by 84%. (I'm a bot) ***** &gt; Law firm Maurice Blackburn and ASX-listed litigation funder IMF Bentham are preparing to launch a class action against Commonwealth Bank of Australia alleging failures to disclose to the stockmarket AUSTRAC&amp;#039;s investigation of its anti money laundering shortcomings.  &gt; Disclosure should have been as early as August 17, 2015, the class action will argue - the date CBA released its annual report and a retail booklet for a $5 billion rights issue.  &gt; CBA has around 800,000 retail shareholders but under class action law, only those who purchased shares and held some of them during the period of alleged non-disclosure will be able to participate in the action.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vikty/maurice_blackburn_weighs_cba_class_action/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~196808 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **CBA**^#1 **action**^#2 **class**^#3 **AUSTRAC**^#4 **case**^#5\""}
{"_id": "516371", "title": "", "text": "You're missing out by not buying shirts online. I guess it depends on the type of shirt, but I'll never buy a men's dress shirt in a store again outside of an emergency. In store shirts are always crazy expensive, poor quality, and a terrible fit.  Online I can get the precise size, fabric, and construction I want, for about a third cheaper than in store."}
{"_id": "516379", "title": "", "text": "Trading data can be had cheaply from:  http://eoddata.com/products/historicaldata.aspx  The SEC will give you machine readable financial statements for American companies for free, but that only goes back 3 or 4 years.  Beyond that, you will have to pay for a rather expensive service like CapitalIQ or CRSP or whatever.  Note that you will need considerable programming knowledge to pull this off."}
{"_id": "516381", "title": "", "text": "Option three is our preferred method, and we never argue about money. First we did a budget to work out ALL monthly joint out-goings (mortgage, bills, grocery etc). Then we each agreed who would pay what into the joint or household account - at the moment, I earn more than my wife, so I pay more, but we sit down every three or four months, to see if it needs adjusting. This way, we each keep our own individual accounts private, but pay what is necessary into the household account. We also set up a joint savings account; often at the end of the month, we'll have a little extra left in the household acount, and we siphon that off into joint savings to cover future unexpected costs - looks like our tumble dryer is on its last spin cycle at the moment, for example, and the joint savings account will be able to cover the cost of replacement. it all takes a bit of administration - but, as I say, we've never had a cross word about money, so the system seems to work."}
{"_id": "516387", "title": "", "text": "The other responses are correct in that financially, you should pay off the highest-interest-rate debt first, while paying the minimum on any lower-interest-rate debt to avoid any fees or penalties. However, there is one more trick you might consider: Unless you have the $20k available to pay the Discover debt immediately (and you say you have $9.5k so far), you could roll over your private debt over to a new card with a lower interest rate. It's pretty common to find balance transfers deals that charge a 3% transfer fee to have 0% APY for 1 year.  If you are an organized person and are sure you won't forget to balance transfer again in the future, this would bring your private debt down to ~3%/year, and make your highest effective interest rate the $7.5k debt at 6%, and you could pay that down first. That's the extreme version, and requires you to set a calendar alert 10-11 months in the future.  A less-extreme tactic would be to try to switch your private debt once to a lower rate - you probably could find a card with 0% APY for 1 year and then 7-8% afterwards, without continuing to balance transfer in the future.  Then it would be closer to negligible which debt you chose to pay down first (between private and Perkins), and in that case I'd advocate finishing off the smaller debt entirely (because it would be the highest rate at that moment, and to feel good about knocking one off, and to reduce the number of fees and credit score hits if you ever took a vacation and was late on a monthly payment)."}
{"_id": "516397", "title": "", "text": "Everyone is telling you how to manage your finances, good for them that's not an answer to your question. The real answer solves how to get your money to travel. The bank likely might extend you a loan especially if you have assets greater than the amount borrowed.  However, a better solution (or alternative if the bank's rate are too high or they simply won't give it to you) is to go to a P2P lending platform these are copious in the UK and US. If I remember correctly there was a Canadian platform called CommunityLEnd or FinanceIT. The point here is this: Go borrow money at a lower rate than your credit card (there are other alternatives than P2P, you can google these, just make sure the rate is lower than your credit card). Pay the card off, and go on vacation just make sure you can pay it all off eventually otherwise you'll be swimming in debt you cant pay."}
{"_id": "516413", "title": "", "text": "\"Monitoring all three is good practice. That way, you will be notified as soon as there is a hard pull on any of your reports. Most financial institutions only pull one of your three reports to open new credit. If you're only monitoring one, you won't be alerted to new accounts until about a month passes and they are reported to all three. By this time, restoration will be much, much more difficult than if you called the financial institution immediately to say \"\"that's not me!\"\"\""}
{"_id": "516422", "title": "", "text": "I work there and eat a meal there, sometimes two, five or six days a week. I'm still not tired of it. I haven't gained any weight from it yet either because I treat it like a normal meal and don't eat a full burrito, chips and guac every day. Nevertheless I love cooking the food there and am rather proud I'm serving up quality stuff."}
{"_id": "516444", "title": "", "text": "\"I'd like to suggest a plan. First, I know you want to buy a house. I get that, and that is an awesome goal to work for. You need to really sit down and decide why you want a house. People often tell we that they want a house because they are throwing their money away renting. This is just not true. There is a cost of renting, that is true, but there is also a cost of owning. There are many things with a house that you will have to pay for that will add little or no equity/value. Now that equity is nice to have, but make no mistake under no circumstance does every dime you put into your house increase its value. This is a huge misconception. There is interest, fees, repairs, taxes, and a bunch of other stuff that you will spend money on that will not increase the value of your home. You will do no harm, waiting a bit, renting, and getting to a better place before you buy a house. With that out of the way, time for the plan. Note: I'm not saying wait to buy a house; I am saying think of these as steps in the large house buying plan. Get your current debt under control. Your credit score doesn't suck, but it's not good either. It's middle of the road. Your going to want that higher if you can, but more importantly than that, you want to get into a pattern of making debt then honoring it. The single best advise I can give you is what my wife and I did. Get a credit card (you have one; don't get more) and then get into a habit of not spending more on that credit card than you actually have in the bank. If you have $50 in the bank, only spend that on your credit card. Then pay it in full, 100%, every payday (twice a month). This will improve your score quite a bit, and will, in time, get you in the habit of buying only what you can afford. Unless there has been an emergency, you should not be spending more on credit than you actually have. Your car loan needs to get under control. I'm not going to tell you to pay it off completely, but see point 2. Your car debt should not be more than you have in the bank. This, again is a credit building step. If you have 7.5k in the bank and own 7.5k on your car, your ability to get a loan will improve greatly. Start envelope budgeting. There are many systems out there, but I like YNAB a lot. It can totally turn your situation around in just a few months. It will also allow you to see your \"\"house fund\"\" growing. Breaking Point So far this sounds like a long wait, but it's not. It also sounds like I am saying to wait to actually buy a house, and I'm not. I am not saying get your debt to 0, nor do I think you should wait that long. The idea is that you get your debt under control and build a nice solid set of habits to keep it under control. A look at your finances at this point Now, at this point you still have debt, but your credit cards are at 0 and have been, every payday for a few months. Your car loan still exists, but you have money in the bank to cover this debt, and you could pay it off. It would eat your nest egg, but you could. You also have 15k set aside, just for the house. As you take longer looking for that perfect house, that number keeps growing. Your bank account now has over $25,000 in it. That's a good feeling on its own, and if you stick with your plan, buy your house and put down $15k, you still have plenty of wiggle room between credit cards that are not maxed out, and a $7.5k \"\"padding\"\" in case the roof falls in. Again it sounds like I'm saying wait. But I'm not, I'm saying plan better. All of these goals are very doable inside one year, a rough year to be sure, but doable. If you want to do it comfortably, then take two years. In that time you're looking, searching and learning.\""}
{"_id": "516445", "title": "", "text": "Right, wrong or indifferent I see account gains of nearly 50% so far this year; now being January 23, 2016.  That is  mostly staying on the short side.  I am not adverse to long positions at all; only hop to the other side when the tide turns. I will probably end up castrating myself on the fence at some point."}
{"_id": "516463", "title": "", "text": "\"overtime is a fond memory in the USA maybe. somehow the rest of the civilized world has discovered overtime/living wage are not mutually exclusive to progress and quality of life.  and at somepoint, as history has over and over and over again shown. those who view themselves as \"\"ambitious enough and smart enough\"\" to exploit their peers, will have the floors ripped out from under them.  additionally, this isn't \"\"overpaying\"\". this is paying enough for people to live a happy life. this is what it means to live in a SOCIETY. you are part of the problem, not some messiah who happened to be smarter and more ambitious.\""}
{"_id": "516482", "title": "", "text": "Yea because we need beautiful UI glass effects in our nuclear silos...  Raw computing power has been sufficient for most tasks since the 80s.  Almost all the gains since then have gone into usability.    For something like a nuclear missile controller you really don't want to be updating every other year to untested new technology that no single human could fully understand.  A beautiful UI is not sufficient compensation for the added complexity."}
{"_id": "516503", "title": "", "text": "\"Firstly, the agent doesn't work for you. He works for himself.  It's in his interest not to get you a house at the lowest cost but to sell you a house. The higher the price the higher his commission is, or the higher the probability that the seller will sell it meaning less work for him. It depends on the market what price you should give. If I were you, I would do my own research about this area and not just trust the agent's assessment of it being a \"\"seller's\"\" market. Not sure where we are talking about but as you know, house prices have fallen a lot in the last few years and the economy isn't doing that well. It also depends on yourself. Every house is different and there's an emotional attachment to buying property. How much do you really want this house? Would it matter if you didn't get it? Are you prepared to keep looking? If this is your dream house, then maybe it is worth offering a bit more to ensure that you get it. If not, and you are prepared to wait, then yeah, I would shoot a little lower and see what they say. One thing I will say though is generally even if you give them a low offer, unless they're getting lots of other offers or they have to sell urgently, alot of the times the seller will come back and try to negotiate with you anyway. After all, it's business and they're there to get the highest price.\""}
{"_id": "516548", "title": "", "text": "The IRS defines income quite specifically. On the topic What is Taxable and Nontaxable Income, they note: You can receive income in the form of money, property, or services. This section discusses many kinds of income that are taxable or nontaxable. It includes discussions on employee wages and fringe benefits, and income from bartering, partnerships, S corporations, and royalties.  Bartering, or giving someone wages (or similar) in something other than currency (or some other specifically defined things, like fringe benefits), is taxed at fair market value: Bartering Bartering is an exchange of property or services. You must include in your income, at the time received, the fair market value of property or services you receive in bartering. For additional information, Refer to Tax Topic 420 - Bartering Income and Barter Exchanges. Bartering is more specifically covered in Topic 420 - Bartering Income: You must include in gross income in the year of receipt the fair market value of goods or services received from bartering. Generally, you report this income on Form 1040, Schedule C (PDF), Profit or Loss from Business (Sole Proprietorship), or Form 1040, Schedule C-EZ (PDF), Net Profit from Business (Sole Proprietorship). If you failed to report this income, correct your return by filing a Form 1040X (PDF), Amended U.S. Individual Income Tax Return. Refer to Topic 308 for information on filing an amended return. More details about income in general beyond the above articles is available in Publication 525, Taxable and Nontaxable Income.  It goes into great detail about different kinds of income. In your example, you'd have to calculate the fair market value of an avocado, and then determine how much cash-equivalent you were paid in.  The IRS wouldn't necessarily tell you what that value was; you'd calculate it based on something you feel you could justify to them afterwards.  The way I'd do it would be to write down the price of avocados at each pay period, and apply a dollar-cost-averaging type method to determine the total pay's fair value.   While the avocado example is of course largely absurd, the advent of bitcoins has made this much more relevant.  Publication 525 has this to say about virtual currency: Virtual Currency.   If your employer gives you virtual currency (such as Bitcoin) as payment for your services, you must include the fair market value of the currency in your income. The fair market value of virtual currency (such as Bitcoin) paid as wages is subject to federal income tax withholding, Federal Insurance Contribution Act (FICA) tax, and Federal Unemployment Tax Act (FUTA) tax and must be reported on Form W-2, Wage and Tax Statement. Gold would be fundamentally similar - although I am not sure it's legal to pay someone in gold; assuming it were, though, its fair market value would be again the definition of income.  Similarly, if you're paid in another country's currency, the US dollar equivalent of that is what you'll pay taxes on, at the fair market value of that currency in US dollars."}
{"_id": "516549", "title": "", "text": "I just set up an account with Scottrade bank (affiliated with the stock trading company).  I get free checking, free checks, and automatic reimbursement for all ATM fees up to 10 withdrawals per month.  Beat that, Bane of America!"}
{"_id": "516555", "title": "", "text": "I wish I had started contributing to the pension fund offered by my employer sooner than it became compulsory. That is, I started working when I was 23 but did not contribute to the pension fund until I was 30 (the age at which it is compulsory to do so). I lost a lot of productive years in mid to late 90s, when the stocks were doing well. :-("}
{"_id": "516557", "title": "", "text": "I'm not familiar with the deal, nor is this my specialty, but a cursory Google search yields that Greybull (the buyer) also [agreed to invest \u00a3400m in Scunthorpe](http://www.telegraph.co.uk/business/2016/04/11/greybull-nears-deal-to-buy-tata-steels-scunthorpe-plant/). The \u00a31 was, as far as I can tell, somewhat symbolic.   [The whole thing](http://www.businessinsider.com/tata-steel-sells-uk-business-to-greybull-capital-2016-4?r=UK&amp;IR=T) sort of reads to me like Tata wanted it off their books and the UK government wanted it to be [revitalized](https://twitter.com/EdConwaySky/status/719478349886791680), but again, not really my wheelhouse."}
{"_id": "516561", "title": "", "text": "The stock market is no different in this respect to anything that's bought or sold. The price of a stock like many other things reflects what the seller is prepared to sell it at and what the buyer is prepared to offer for it. If those things match then a transaction can take place. The seller loses money but gains stocks they feel represent equivalent value, the reverse happens for the buyer. Take buying a house for example, did the buyer lose money when they bought a house, sure they did but they gained a house. The seller gained money but lost a house. New money is created in the sense that companies can and do make profits, those profits, together with the expected profits from future years increase the value that is put on the company. If we take something simple like a mining company then its value represents a lot of things: and numerous other lesser things too. The value of shares in the mining company will reflect all of these things. It likely rises and falls in line with the price of the raw materials it mines and those change based on the overall supply and demand for those raw materials. Stocks do have an inherent value, they are ownership of a part of a company. You own part of the asset value, profits and losses made by that company. Betting on things is different in that you've no ownership of the thing you bet on, you're only dependent on the outcome of the bet."}
{"_id": "516563", "title": "", "text": "Grocery is a dog-eat-dog world. On one end you have Whole Foods which competes on a premium experience &amp; product and on the other you have Walmart/Club stores that compete on price/bulk. Everything else in the middle is just getting crushed as they can't move very far in any meaningful direction."}
{"_id": "516565", "title": "", "text": "When considering to buy your favorite silver plated charms, you need an accomplished and trustworthy jeweler, whose knowledge will guide you into making informed purchases. That is exactly what you will get when you choose Charmed Charms as your Jewelers of choice."}
{"_id": "516576", "title": "", "text": "\"I feel that getting money sooner than later is always advantageous. If I offered you the choice between getting: Which option would you take? I would take the last option. And for the same reason, from a purely-numbers point of view, I would argue that getting paid biweekly is preferable (assuming the the annual salary is pro-rated fairly, and barring any compulsive spending habits). Your calculations suggest to me that they are trying to answer the question, \"\"Looking at a single year or month (or some other fixed amount of time) in a vacuum, is there any financial benefit to being paid bi-weekly over monthly?\"\". The analysis seems to be focusing on comparing the two pay schedules on a month-by-month basis, noting when one is paid bi-weekly, some months you get paid more times than the other. However, one could also compare the two pay schedules on a fortnight-by-fortnight basis, and note that when one is paid monthly, many fortnights you don't get paid at all, and some you get paid a lot. Or one could compare the two pay schedules on an hour-by-hour basis, too. But in the long run, the money adds up to be the same amount. I prefer getting it as soon as I can.\""}
{"_id": "516578", "title": "", "text": "By paying off 50K in debts now, you'll have 50K less to invest in your new house. That means that you'll have a mortgage that's 50K higher. So, it's trading one debt for another. This means you should be comparing the T&Cs for the two. The most obvious is the interest rate. That's slightly tricky for your future mortgage, as 20% money down may affect the mortgage interest rate. The easiest way is to calculate the raw $ interests you'd pay in both cases. Besides interest, there are more conditions. Some debts may include life insurance, which has a definite value in your case. It would be hard to compare those here, you'd have to do so yourself"}
{"_id": "516581", "title": "", "text": "That's true, didn't think about that. However, I don't ever really find myself not connected to internet before I start a trip to somewhere (where of course it works if you lose service and are already on the trip)."}
{"_id": "516593", "title": "", "text": "\"What bothers be is that Juicero received so much funding to begin with. I'll water most people here people here know the nuances particulars but I'll list a few points.  1. The juicer was an over engineered press.  2. It had WiFi which made it better, some how.  3. It had over priced juice packets.  4. And lets not forget that you could simply squeeze the hand packets yourself.  I like to think I'm a smart guy. VC's, I would imagine, are very smart people. How is it that a juicing company convinced so many allegedly very smart people to give them money? What happened to due diligence, investigation, or just asking basic questions like \"\"couldn't I just squeeze the packets myself\"\"?   It's one thing if some guy makes a stupid invention. That happens. It quite another when he successfully convinces other people to give him a literal fortune to make more. This story leaves me genuinely angry.\""}
{"_id": "516596", "title": "", "text": "?  The guy claimed that BTC had intrinsic value so I asked him what instrinsic value BTC had.  BTC has literally 0 intrinsic value, it doesn't even exist physically.  I'm not saying the technology is worthless or that it doesn't have value, but it certainly doesn't have intrinsic value.  Gold--you can create things with gold, silver--silver is important in medical applications, can be made into things.  These things have value, even in circumstances where the market disappears or the demand ceases.  A company has intrinsic value in that its assets can be sold off and liquidated for cash--even if they don't generate a single penny.  Gold has intrinsic value in that even if there is no one demanding gold, it can still be useful for something.    If no one wants BTC, you literally can't do anything with it except look at the numbers.  It's the equivalent of hoarding a pile of dust that the market valued for some reason and then the market crashes--what are you going to do with a pile of dust?  Literally nothing except watch it fly in the wind.  It was only worth something because other people valued it.    Block chain is revolutionary tech, but there is no IV with BTC.  BTC and block-chain aren't really even interchangeable--it's like the relationship between a square and a rectangle; a square is a rectangle but a rectangle is not necessarily a square.  BTC is block chain but block chain isn't BTC.  Even if BTC fails and dies, there will be something else that takes its place but there is no IV with BTC.  Trying to assign BTC some sort of IV is a misleading.  There are many reasons BTC is revolutionary but it's not because there is some sort of huge IV attached to it.    And where did I ever call BTC a ponzi scheme?  You sound like you got a chip on your shoulder."}
{"_id": "516607", "title": "", "text": "\"Rebalancing has been studied empirically quite a bit, but not particularly carefully and actually turns out to be very hard to study well.  The main problem is that you don't know until afterward if your target weights were optimal so a bad rebalancing program might give better performance if it strayed closer to optimal weights even if it didn't do an efficient job of keeping near the target weights. In your particular case either method might be preferred depending on a number of things: You can see why there isn't a generally correct answer to your question and the results of empirical studies might very wildly depending on the mix of assets and risk tolerance.  Still if your portfolio is not too complicated you can estimate the costs of the two methods without too much trouble and figure out if it is worthwhile to you. EDIT In Response to Comment Below: Your example gets at what makes rebalancing so hard empirically but also generally pretty easy in practice.  If you were to target 75% Equity (25% bonds?) and look at returns only for 30 years the \"\"best\"\" rebalancing method would be to never rebalance and just let 75% equity go to near 100% as equity has better long term returns.  This happens when you look only at returns as the final number and don't take into account the change in risk in your portfolio. In practice, most people that are still adding (or subtracting in retirement) to a retirement portfolio are adding (removing) a significant amount compared to the total amount in their portfolio.  In the case you discribe, it is cheaper (massively cheaper in the presence of load fees) just to use new capital to trade toward your target, keeping your risk profile.  New money should be large enough to keep you near enough your target.  If you just estimate the trading costs/fees in both cases I think you'll see just how large the difference is between the two methods this will dwarf any small differences in return over the long run even if you can't trade back all the way to your target.\""}
{"_id": "516608", "title": "", "text": "This sounds more like a behavioral than a debit card issue to me TBH. Did you put the money you're putting away into a separate savings account that you (mentally) labelled 'for investment'? That's pretty much what I do (and I have a couple of savings accounts for exactly that reason) and even though I know I've got $x in the savings accounts, the debit card I carry only lets me spend money from my main bank account. By the time I've transferred the money, the urge to spend has usually gone away, even though it often only takes seconds to make the transfer."}
{"_id": "516628", "title": "", "text": "The problem is that most recruiters don't know what they are looking for either. They don't have the background or experience to match someone to a job. Or they ignore transferable skills. The talent acquisition department at my company had such a bad reputation everyone says to just email the hiring manager."}
{"_id": "516629", "title": "", "text": "\"In truth there is no such thing as a risk-free asset.  That is why your textbook feels the need to add the qualifier \"\"for practical purposes,\"\" meaning that the risk of a money market account is so much lower than virtually any other asset class that it can reasonably be approximated as risk free. The main risk of any bond, short-term or long-term, is that its price may change before the maturity date.  This could happen for one of many reasons, such as interest rate changes, creditworthiness, market risk tolerance, and so on.  Thus you may lose money if you need to redeem your investment ahead of the scheduled maturity.\""}
{"_id": "516631", "title": "", "text": "I might be missing something, but I always understood that leasing is about managing cash-flow in a business. You have a fixed monthly out-going as opposed to an up-front payment. My accountant (here in Germany) recommended: pay cash, take a loan (often the manufactures offer good rates) or lease - in that order. The leasing company has to raise the cash from somewhere and they don't want to make a loss on the deal. They will probably know better than I how to manage that and will therefore be calculating in the projected resale value at the end of the leasing period. I can't see how an electric car would make any difference here. These people are probably better informed about the resale value of any type of car than I am. My feeling is to buy using a loan from the manufacturer. The rates are often good and I have also got good deals on insurance as a part of that package. Here in Germany the sales tax (VAT) can be immediately claimed back in full when the loan deal is signed."}
{"_id": "516635", "title": "", "text": "If the intention is after maturing to convert back the Rupees into Euro, its not a good idea.  Generally the interest rate in Euro and the interest rate in Rupee are offset by the predicted exchange rate. i.e. the Rupee will fall compared to Euro by similar rate. The point at Step 5 is generally what is expected to happen. At times this can be less or more depending on the local / global factors. So on average you will not make money, some times you will loose and sometimes you will gain. Plus I have shown flat conversion rates, typically there is a Buy Rate and a Sell Rate for a pair of currencies. There is a difference / spread that is the margins of Bank. Typically in the range of 2 to 4% depending on the currency pairs."}
{"_id": "516640", "title": "", "text": "You don't decide what gets to be owed, the government does. In your example, they wouldn't owe 1000, they would determine that they only have enough for 750. So guess what, you're now owed only 750. It's called cutting benefits."}
{"_id": "516649", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/ConcentrationOfWealth] [Peak Inequality: The .01% And The Impoverishment Of Society \u2022 /r/economy](http://np.reddit.com/r/ConcentrationOfWealth/comments/2ehfse/peak_inequality_the_01_and_the_impoverishment_of/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "516675", "title": "", "text": "\"Well this is a bit of a shameless plug... but you could always check out the TaxQueries website.  The site is \"\"similar\"\" to this one but geared more towards accountants and tax preparers. Looks around for someone who seems to know what they're talking about and check their bio. If you're REALLY having a problem finding a good accountant, email me directly.  I have over 700 of them connected to my Linked-In profile. ;-) Andrew Smith andrew@taxqueries.com http://www.taxqueries.com\""}
{"_id": "516678", "title": "", "text": "Your credit card company will send you funds, probably a paper check, if you have a negative balance.  So this situation will not last long.  I'd guess 3-6 months at most, depending on the company's procedures."}
{"_id": "516684", "title": "", "text": "&gt; That is a patent troll  [Nope](http://en.wikipedia.org/wiki/Patent_troll):   &gt; Patent troll is a pejorative term used for a person or company who enforces patents against one or more alleged infringers in a manner considered aggressive or opportunistic **with no intention to manufacture or market** the patented invention."}
{"_id": "516709", "title": "", "text": "Dude, just because Reddit says Walmart = 100% devil, does not make it true.  For example, my mother happens to work at Walmart (Dallas, TX)  She LOVES working there. About $14/hour, great healthcare/dental/vision, gets shares on the cheap, etc.  She's been there about 7 years.  Edit: and 10% off everything."}
{"_id": "516726", "title": "", "text": "Probably not.  Once the formula is out there, and if it actually seems to work, more and more investors chase the same stocks, drive the price up, and poof!  The advantage is gone. This is the very reason why Warren Buffett doesn't announce his intentions when he's buying.  If people know that BRK is buying, lots of others will follow."}
{"_id": "516756", "title": "", "text": "As you are not a tax resident in India, the income you have earned can be moved to India tax free. However if you are investing the funds into say shares / fixed deposits etc, the income you earn on these funds is taxable in India. The funds can be transferred directly into savings account. However its advisible to open an NRE/NRO account as its easier to track funds for tax purposes. i.e. these accounts by nature certify that the funds received into them are from foreign sources and can easily be explained to the tax authorities. However establishing the origin of funds in ordinary savings accounts needs more paper work. Whenever there is a scrutiny by tax authorities on this savings account, it would need more efforts to establish that the credits are from foreign earnings."}
{"_id": "516767", "title": "", "text": "\"You don't just sit there and say \"\"hmm, we just lost the Wrigley contract... I wonder why? I guess we will never know...\"\"  If a huge contract is lost you better believe that someone is calling to followup and find out why they left and try their best to get them back.\""}
{"_id": "516777", "title": "", "text": "I rolled mine over from the company I was at into my own brokerage house.  You can't roll them into a Roth IRA, so I needed to setup a traditional IRA. There is paperwork your old jobs can provide you.  I had to put in some mailing addresses, some account numbers and turn them in.  My broker received it, I chose what I wanted to invest it in and that was that.  No tax penalty or early withdrawal penalty.  The key to avoiding penalties is to have your past employers send the money directly to another retirement fund, not send a check to you."}
{"_id": "516780", "title": "", "text": "\"Summarized article: Barnes &amp; Noble Inc. revealed on Wednesday that the tampering of PIN pad devices in 63 of its stores was a well-organized scheme to steal financial information.   Criminals had planted a \"\"bug\"\" on a single PIN pad device at each store to capture credit card and PIN numbers. Affected stores were found in California, Connecticut, Florida, New Jersey, New York, Illinois, Massachusetts, Pennsylvania, and Rhode Island.  Once Barnes &amp; Noble learned of the breach on September 14, the bookseller halted use of PIN pad devices in its 700 stores. The retailer's College Bookstores were not affected.   Barnes &amp; Noble is currently working with the FBI and with banks and payment card brands to identify accounts that may have been compromised.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit\""}
{"_id": "516782", "title": "", "text": "Not 100% related, but the #1 thing you need to avoid is CREDIT CARD DEBT. Trust me on this one.  I'm 31, and finally got out of credit card debt about eight months ago. For just about my entire 20s, I racked up credit card debt and saved zero. Invested zero. It pains me to realize that I basically wasted ten years of possible interest, and instead bought a lot of dumb things and paid 25% interest on it. So yes, put money into your 401k and an IRA.  Max them out."}
{"_id": "516787", "title": "", "text": "&gt; Air is an abundant resource with no scarcity thus a poor candidate for a for-profit venture.  Scarcity can be artificially manufactured. Just pollute the atmosphere with a chemical that makes breathing difficult, and you can now charge for access to clean air. In a similar vein, health care can be socialized so that it too becomes an abundant resource. Many nations now have taken steps in a similar direction, with results that [speak](http://en.wikipedia.org/wiki/List_of_countries_by_life_expectancy) [for](http://en.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_\\(PPP\\)_per_capita) [themselves](http://en.wikipedia.org/wiki/World_Health_Organization_ranking_of_health_systems).  &gt; The rest of your post really reads like you have committed to the zero-sum fallacy of economics  That is certainly not what I was going for. I am merely pointing out that attempting to profit from a life critical resource like health care is likely to result in a global net loss. That stands in complete contrast of the idea that the economy is a zero-sum system, since in that case we should at least break even. While I understand that profits made from health care can be reinvested to drive the economy, I do not believe that is enough to make up for potential cost to the society.  Essentially, my argument approaches the question from both an economical, as well as a ethical perspective. I believe that a high-tech society like ours has enough resources, production potential, and cash flow to be able to completely address all basic moral obligations to all members of the society on a on a non-profit basis without sacrificing too much economic productivity. The resulting boost in the health of the populace should then more than make up for the lost profits by increased productivity in other sectors. Granted, some established organizations may lose a cash cow that they have been milking for generations, but the volatility of the world does not guarantee any perpetual profit machine."}
{"_id": "516789", "title": "", "text": "http://annualcreditreport.com/ That's the official site for getting your free yearly credit report (one free per year from each of the 3 reporting bureaus)."}
{"_id": "516790", "title": "", "text": "\"Figured it out.  Vertical spreads significantly reduce the amount of \"\"buying power\"\" on the account needed vs. buying / selling pure calls / puts.  So even though the transaction fees may more double in some instances, it may be worth it in order to operate with pricier underlying instruments. Spreads are also considered \"\"defined risk\"\" trades where both the profit and loss are capped per how the spreads are setup.  This is compared to single calls / puts where either the upside or the downside can be unlimited.  So for times when the expected move is not as pronounced, a spread may be a better fit depending on environment and other factors.\""}
{"_id": "516794", "title": "", "text": "We provide the best offers his expertise and many years of business valuation, ownership experience to assist in the heavy task of automotive dealer succession planning. The company is proud of our long-standing commitment to the automotive dealer planning. For over half a century, we\u2019ve been a leading source of financial support for dealerships of all sizes throughout the United States. We operate nine loan production offices in key automotive markets across the country. You can count on our automotive recall expert witness to provide a full range of additional financial services."}
{"_id": "516797", "title": "", "text": "\"The short answer is that it depends on the industry. In other words, margin alone - even in comparison to peers - will not be a sufficient index to track company success.  I'll mention Apple quickly as a special case that has managed to charge a premium margin for a mass-market product.  Few companies can achieve this. As with all investment analysis, you need to have a very clear understanding of the industry (i.e. what is \"\"normal\"\" for debt/equity/gearing/margin/cash-on-hand) as well as of the barriers-to-entry which competitors face. A higher-than-normal margin may swiftly be undermined by competitors (Apple aside).  Any company offering perpetual above-the-odds returns may just be a Ponzi scheme (Bernie Maddof, etc.).  More important than high-margins or high-profits over some short-term track is consistency of approach, an ability to whether adverse cyclical events, and deep investment in continuity (i.e. the entire company doesn't come to a grinding halt when a crucial staff-member retires).\""}
{"_id": "516807", "title": "", "text": "Based on several of the comments, I can foresee a situation in which an activist investor kicks in a lot of his own money, which, along with funds from kickstarter and possibly some of the investor's buddies, are enough to purchase a major share in a large bank, and by persuading other sympathetic shareholders, they are able to make headway in changing the industry. While improbable, it would at least be plausible."}
{"_id": "516817", "title": "", "text": "\"Yes, you must file North Carolina AND South Carolina income tax. If you live in one state and work in another, the income is potentially taxed twice. Most states give a credit for taxes paid to the other state. Often you pay the tax in the state where you worked, and then if the tax rate in the state where you live is higher, you pay the difference. But the details depend on the tax laws of the two states involved. I'm not an expert on either Carolina's tax laws. Start by getting the forms and instructions from both states and see what they say. Or if you're using tax software, see if it handles this case. If someone else on here knows the specifics of the tax laws for the Carolinas, I gladly yield. :-) Many states establish \"\"reciprocity agreements\"\" with other states, usually the neighboring states, that generally say that if the state you live in and the state you work in are both party to the agreement, then you only pay tax in the state you live in. This simplifies things a lot. Unfortunately, neither North Carolina nor South Carolina have such agreements with each other or with any other state.\""}
{"_id": "516818", "title": "", "text": "FTA: \u201cYet this new study notes that subsidies aren\u2019t simply cash being handed to oil companies. Subsidies often come in the form of tax breaks, which is just one of the many ways oil companies receive government handouts.\u201d  Tax breaks are not subsidies.  The taxpayer pay absolutely nothing to the oil companies when a tax break is applied.  The taxpayers are actually net recipients from the drilling activity.  If the existence of a tax break is a requirement for oil drilling profitability, then elimination of the tax break would eliminate drilling.  The taxpayers are choosing between zero additional tax revenue without tax breaks or some tax revenue with tax breaks so drilling can proceed.  The article\u2019s point about export ports being subsidized by the taxpayer is a distraction.  The VAST majority of oil produced in the US is consumed in the US.  All that oil is drilled, transported, refined, transported again, then sold to consumers in an end-to-end supply chain built on a vast sum of private capital."}
{"_id": "516830", "title": "", "text": "\"&gt; Maybe then he'll sell the name to somebody who wants to make something out of it.  That assumes that the name has any value left in it.  After the massive decline that Sears has gone through, would you want to call your new venture \"\"Sears\"\" and take on all of the baggage that comes with that name, or would you want to come up with a new name that hasn't been soiled by a predecessor company?\""}
{"_id": "516832", "title": "", "text": "\"SO has observed a lot of irresponsible spending from a parent, which has scarred SO for life OK, so we've got fear... SO is not very financially savvy and has very little idea about how much we earn  ...and ignorance.   You are entirely correct to worry about the conversation. Fear plus ignorance equals disastrous conversations. I manage our finances. Apparently your SO wishes to have input on the management of your finances without understanding them. It strikes me that this serves neither of you well. I would note that it is exceedingly difficult to rationally argue someone out of a position that they arrived at through irrational fear and ignorance. So I wouldn't start by having a conversation about charitable giving at all. Rather, I would start by addressing the ignorance, because that's the easy one.  how high up we are in terms of being in the top y% of households by income Income is irrelevant to the fearful; income can vanish with debts remaining. If your SO is not earning much of that income then SO's future financial security is dependent on the whims of another, which has already turned out badly once for SO.  Focusing on raw income is the wrong way to go; focusing on an abstraction like percentile is even more irrelevant. The figures to focus on are not income and percentile, but rather net worth and change in net worth over time.  Income $300K, expenses $350K eventually leads to poverty if you lack net worth, even if you are in the 1% of income earners. Open up with \"\"how much do you think we earn?\"\" Playing rhetorical games with ignorant people seems both risky and perhaps unethical to me, and it seems unlikely to engender trust. I would approach this situation by first removing the ignorance, rather than attempting to take advantage of it for rhetorical purposes.  I would also institute a policy that ignorant people don't get a say. If SO wants to abrogate financial responsibility to you, then SO should accept your decisions without question. If SO wants to have a say in your joint financial life then SO has a responsibility to make recommendations based on both facts and feelings, not just feelings. So, how to remove this ignorance? This will take some doing, but not much. Go through your records and account for: From that you can compute your net worth. Then go back a few years and account for: From this you can show the effect of your past prudent decisions on your net worth. There should be no percentages. There should be no math more complicated than adding and subtracting, and it should be very clear what adds and substracts to what.  People who are financially savvy are extremely intimidated by jargon. If some of your increase in net worth came from a realized capital gain less taxes do not say \"\"realized capital gain less taxes\"\" on your summary document. There should be no \"\"depreciation\"\" or \"\"cost basis\"\" or anything even vaguely like that. Even \"\"assets\"\" and \"\"liabilities\"\" are too jargonish. \"\"Possessions\"\" and \"\"debts\"\" are more easily understood. I'm thinking something like: My SO is financially savvy and still I do this about twice a year; it's helpful for both of us to have a quick summary of what's coming in, what's going out, and what we've got. Once the ignorance is gone, then start working on the fear. It sounds like the fear comes from a betrayal of trust, so it's not just enough to be trustworthy, you've got to consistently appear trustworthy. A great way to do that is to keep doing what I already suggested: on a regular, ongoing basis inform SO of how you are doing financially. When SO sees that net worth is consistently improving over time, that you are not one bad decision away from poverty, the fear should diminish. Expect this to take a long time.\""}
{"_id": "516833", "title": "", "text": "\"I'm smart enough to know that the answer to your questions is 'no'.  There is no arbitrage scenario where you can trade currencies and be guaranteed a return. If there were, the thousands of PhD's and quants at hedge funds like DEShaw and Bridgewater would have already figured it out. You're basically trying to come up with a scenario that is risk free yet yields you better than market interest rates.  Impossible. I'm not smart enough to know why, but my guess is that your statement \"\"I only need $2k margin\"\" is incorrect.  You only need $2k as capital, but you are 'borrowing' on margin the other 98k and you'll need to pay interest on that borrowed amount, every day.  You also run the risk of your investment turning sour and the trading firm requiring a higher margin.\""}
{"_id": "516845", "title": "", "text": "This is easier than you think: 1) At the end of the year, AirBnb will send you a 1099 form. You will need to report the amount on this form as your rental income - they will report it to the IRS so it has to match. As a bonus, turning your condo into a rental property can become advantageous in that you can deduct repairs and improvements against any rental income. 2) As a host, you will have the option of charging a cleaning fee. Take a look at competitor listings to determine the average cleaning fee in your area. You do not have to clean before and after each guest, only before. 3) As a host, you also have the option of charging a security deposit to cover any damages. Don't get confused by AirBnb's host protection plan - this plan protects you against liability for damages incurred by your guests.  Now take a look at competitor listings to determine your rental price. (You may want to lower your price initially to get positive reviews going). Deduct your cleaning fee plus any reasonable wear and tear not covered by the security deposit above. This is your rental income.  If your rental income is a positive number - and as long as you charge a realistic cleaning fee/security deposit, it will be - you should rent it out. The worst that can happen is low occupancy i.e. you can't rent your place out as often as you expect. In which case you will be no worse off than you are today. Good luck!"}
{"_id": "516848", "title": "", "text": "All of the answers given so far are correct, but rather narrow. When you buy a 30-year-mortgage, you are buying the right to pay off the debt in as long as 30 years.  What you pay depends on the interest rate and how long you actually take to pay it off (and principal and points and so on). Just as you are buying that right, the mortgager is selling you that right, and they usually charge something for it, typically a higher rate.  After all, they, and not you, will be exposed to interest risk for 30 years. However, if some bank has an aneurism and is willing to give you a 30-year loan for the same price as or lower than any other bank is willing to go for a 15-year loan, hey, free flexibility.  Might as well take it.  If you want to pay the loan off in 15 year, or 10 or 20, you can go ahead and do so."}
{"_id": "516849", "title": "", "text": "\"If you and your parents both put up money to buy a house or anything else, what share each of you owns would be a subject for negotiation and agreement between you. To the best of my knowledge, there is no law that says \"\"if person X pays the down payment and person Y pays the monthly payments, than X owns 40% and Y owns 60%\"\" or any other specific numbers. Parents often give their children money to help with a down payment on a house or a car with the understanding that this is a gift and the child still owns 100% of the item. Other times they are unwilling or unable to just give the money and want some stake in exchange. In the case of a house or a car, there's a title that identifies the owner, and legally the owner is the person or people named on the title. I'd suggest that if you want to have split ownership, like if your parents are saying that they'll help with the down payment but they want to get that money back when you sell or some such, that you come up with a written agreement saying who owns what percentage and you both sign it. If there was a dispute -- if you never had an agreement about what share each owned and now you're selling the house and you're arguing over how much of the money each of you should get, or your parents want you to sell the house so they can get their money back but you don't want to sell, or whatever -- ultimately a court would decide. Presumably the judge would consider how much you had each paid in, but he might also consider who's been paying property taxes, how much work each has done to maintain the place, etc. It's better to have a written and signed agreement, something that everyone involved is satisfied with and where you all know exactly what you're agreeing to, rather than having a nasty surprise when a judge says no, you're not getting what you were assuming you were getting.\""}
{"_id": "516859", "title": "", "text": "since it opened in the UK in 1998 the company has racked up over 3 billion pounds ($4.8 billion) in coffee sales  So wouldn't that mean they generated almost $1B in VAT for the government? Not to mention all the income tax their employees pay?"}
{"_id": "516867", "title": "", "text": "&gt;The scariest part of this single program was that its millions of quotes accounted for 10 percent of the bandwidth that is allowed for trading on any given day, according to Nanex.  Am I jumping to conclusions? if this was done at a scale ten times larger wouldn't that stop everyone trading for that day? How do you locate who's doing it? Can we stop it or just hope they don't power trip? Wouldn't it be obvious who made money off it if they do decide to use it for that reason?   Lots of questions because I'm a noob."}
{"_id": "516880", "title": "", "text": "There are many technical answers above , but the short story to me is that very few active fund managers consistently beat the market. Look at the results of actively managed funds. Depending on whose analysis you read, you will find out that somewhere between 80-90% of fund managers in a given year do not beat passive index funds. So go figure how you will do compared to a mutual fund manager who has way more experience than you likely have. So, that in itself is moderately interesting, but if you look at same-manager performance over several consecutive years it is rare to find anyone that goes beats the market for more than a few years in a row. There are exceptions, but go pick one of these guys/gals - good luck. Getting in and out of the market is a loser. This is because there is no way to see market spikes and down turns. There are many behavioral studies that have been done that show people do the wrong thing: they sell after losses have occurred and they buy after the market has gone up. Missing an up spike and not being in before the spike is as devastating as missing a down turn and not getting out in time. There is another down side, if you are trading in a personal account, rather than a tax deferred account, going in and out of stocks has tax complications. In short, a broad based equity index will, over time, beat about anything out there and it will do it in a tax efficient manner.  Exchange traded funds (ETFs) are a wonderful way to obtain diversification immediately at very low cost."}
{"_id": "516911", "title": "", "text": "\"hahaha oh this is great.  Rich people dont want to pay taxes because they dont want to 'pool our resources' but fuck those poor people, they can live with mom and dad til they're 30 and who the fuck cares?  I really hate people like you.  Your post is like watching Fox News.  Spin, bullshit, and more spin.  \"\"No no, it's a WIN WIN for you to live at home til you're 30!\"\"\""}
{"_id": "516923", "title": "", "text": "I'm answering in a perspective of an End-User within the United Kingdom. Most stockbrokers won't provide Real-time information without 'Level 2' access, however this comes free for most who trade over a certain threshold. If you're like me, who trade within their ISA Holding each year, you need to look elsewhere.  I personally use IG.com. They've recently began a stockbroking service, whereas this comes with realtime information etc with a paid account without any 'threshold'. Additionally, you may want to look into CFDs/Spreadbets as these, won't include the heavy 'fees' and tax liabilities that trading with stocks may bring."}
{"_id": "516955", "title": "", "text": "I just want to stress one point, which has been mentioned, but only in passing. The disadvantage of a credit card is that it makes it very easy to take on a credit. paying it off over time, which I know is the point of the card. Then you fell into the trap of the issuer of the card. They benefit if you pay off stuff over time; that's why taking up a credit seems to be so easy with a credit (sic) card. All the technical aspects aside, you are still in debt, and you never ever want to be so if you can avoid it. And, for any voluntary, non-essential, payment, you can avoid it. Buy furniture that you can pay off in full right now. If that means only buying a few pieces or used/junk stuff, then so be it. Save up money until you can buy more/better pieces."}
{"_id": "516957", "title": "", "text": "Because you slice all the bad loans and intersperse them with the good ones.  Then you sell all that sliced and diced paper trash as AAA securities on an open market.  It's like free money.  Well... at least while the music is still playing.  Do you know anything about CDOs?  It's basically an out and out scam, and the banks got away with it and got bailed out to boot."}
{"_id": "516964", "title": "", "text": "What is best for everyone is maximizing the effectiveness of the resources at hand.  We are most certainly not doing that, as there is just so much capacity sitting idle right now.  Demand is what we are lacking.  Stimulus creates demand.  Demand puts people to work, it builds companies, it brings ideas to fruition.  Effective limiters can be used to avoid consequences of an overheating economy when that time comes, but we are far away from that point.  Imposing these silly superstitions that somehow someday the U.S. is going to get to a point where we can't pay back our debt is making us lose focus on the fact that real people are suffering today, and that we can do something about it.  Without artificial constraints like congress putting a limit on the debt, **it is impossible for the U.S. government to default.**"}
{"_id": "516983", "title": "", "text": "\"This is back breaking work.  Our crops are not going to get picked.  So here is my conflict.  We used to have this weird system that was much like slavery.  \"\"Illegal\"\" people (God, what a fucked up term) would come over the border and work for less money because actually living in their own country and actually having a life expectancy was totally fucking impossible.  So they would come here and do our hardest jobs until they could figure out how to become citizens and start their own businesses (because they had found out what hard work and dedication was) and grow our economy.  So now if they can't get in at all we are either going to have to  stop growing a shitload of food or we are going to have to start making more things a crime so we can arrest more people and put them into slave labor.  13th.  The title of Ava DuVernay's extraordinary and galvanizing documentary refers to the 13th Amendment to the Constitution, which reads \"\"Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States.\"\" The progression from that second qualifying clause to the horrors of mass criminalization and the sprawling American prison industry is laid out by DuVernay with bracing lucidity. With a potent mixture of archival footage and testimony from a dazzling array of activists, politicians, historians, and formerly incarcerated women and men, DuVernay creates a work of grand historical synthesis.  Watch [13th](https://www.netflix.com/watch/80091741?trackId=13752289&amp;tctx=0%2C0%2C1870540d3b211ad4e4609c81764d151ef14a23f0%3A0904e12b52de6ca627db4df50a14ce04ce2d354c) on Netflix to see where this all has led.\""}
{"_id": "516991", "title": "", "text": "\"No. Switzerland is one of the few countries the United States has \"\"totalizaton\"\" agreements with (not to confuse with tax treaties) to work around this kind of thing. You can find the list of the agreements here. You can use the years you work in Switzerland to make up for the remaining  credits you need to qualify for benefits in the U.S. When it's time to retire, you'll receive a partial U.S. benefit that is proportional to the number of credits you earned in the U.S. You can learn more about all this here. For other countries, for which the US doesn't have totalization agreements, in this scenario you would get no benefits back for the money. So yes, it would be lost.\""}
{"_id": "516996", "title": "", "text": "Thomas Pardy removal company has successfully transported hundreds of companies from one office to another no matter how big or small the task may be. Into our fourth generation now and still going strong, it is no coincidence that Thomas Pardy is one of the most used removal companies in Bournemouth. All our staff are trained to deal with anything that you may throw at them and all the equipment we use is of the highest quality. Our professional eye will work out the number and type of boxes that are needed for your packing (many customers prefer a quote that illustrates our charges for packing as well as customers who prefer to pack their own china, glass etc."}
{"_id": "516999", "title": "", "text": "Don't know about your area, but in DFW area, Time Warner encrypts all premium channels. So a QAM tuner can see the signal, but you won't get a picture. I'd need a QAM tuner with a CableCard slot, and there are only 2 tuner cards I know of with a CableCard slot.   I don't know of any TV that accepts a CableCard which can also output the signal on the HDMI, DVI, or component outputs where it could be captured by a computer. Doing so would violate the Cable Labs licensing agreement if the stream had any copy restrictions on it."}
{"_id": "517006", "title": "", "text": "I would guess that this is due to the card issuer, not Paypal. Credit card transactions are tagged with a code describing the type of purchase, and some issuers disallow certain types (such as gambling)."}
{"_id": "517009", "title": "", "text": "\"If you assign preference to one race over another, you are a racist plain and simple, there are no two ways about it.  I really couldn't care less what you or Marc Faber think about that (\"\"so be it I am a racist\"\" yada), you are a bad person and you deserved to labelled with every such label that follows. For example, if someone would call you a piece of shit I would agree with that person.  Your points about \"\"culture\"\" making an impact are complete BS, so is saying that you want to \"\"encourage the efforts of people who made our country great over the actions of people who make our country not so great\"\" (where have I heard that one before? hint: he recently met with the President of the Virgin Islands...)   \"\"People\"\" and \"\"culture\"\" don't make a country great - consequences do. These consequences could come from a human foreigner's actions (look at the NHS in the UK), or maybe not even from humans, perhaps from the actions of mother nature (look at the Gulf Countries).  If you want humans to make their country great, teach them the actions that have the right consequences. The fact that you don't understand this concept makes you an idiot. The fact that you then attribute a country's greatness to race makes you a racist. Together, these facts makes you a racist idiot.\""}
{"_id": "517022", "title": "", "text": "In March [The Economist](http://www.economist.com/news/briefing/21721634-how-it-shaping-up-data-giving-rise-new-economy) did a feature on data and had an interesting take on antitrust rules.   As with other laws, including tax, the statute is woefully behind the market. I think the implications of big data require the concept monopolies to be rethought. As companies can gather data across the multitude of platforms you're ok with, they are able to better understand consumers. The threat is if everyone uses google maps or waze (owned by google), Google could create a monopoly on traffic/driving/human habits data.  An analog to this is thinking about insurance. Large insurance companies can rely on huge amounts of data to model out their risk/reward on policies. This will allow them to make better decisions and price themselves better in the market than smaller competitors without this data. Some governments require large insurance companies to share data with smaller ones as a form of antitrust rules.  I agree that sheer size isn't an issue. However, I think more thought has to be put on the monopoly of data."}
{"_id": "517033", "title": "", "text": "&gt; gave store coupons as part of salaries.  To be honest I don\u2019t see an issue with this.  If Walmart is paying this on top of the employee\u2019s wages then it\u2019s basically just a benefit similar to employee stock options."}
{"_id": "517038", "title": "", "text": "Then let\u2019s try a stupider argument to get my point across:  Someone points a gun at you and demands money.  Where I oils you draw the financial line?  What amount of money wouldn\u2019t you pay to save your life?"}
{"_id": "517050", "title": "", "text": "\"I want to recommend an exercise: Find all the people nearby who you can talk to in less than 24 hours about credit cards: Your family, whoever lives with you, and friends. Now, ask each of them \"\"what's the worst situation you've gotten yourself into with a credit card?\"\" Personally, the ratio of people who I asked who had credit cards to the ratio of people with horror stories about how credit cards screwed up their credit was nearly 1:1.  Pretty much, only one of them had managed to avoid the trap that credit cards created (that sole exception had worked for the government at a high paying job and was now retired with adult children and a lucrative pension).  Because it's trivially easy over-extend yourself, as a result of how credit cards work (if you had the cash at any second, you would have no need for the credit). But do your own straw poll, and then see what the experience of people around you has been.  And if there's a lot more bad than good out there, then ask yourself \"\"am I somehow more fiscally responsible than all of these people?\"\".\""}
{"_id": "517052", "title": "", "text": "5 dollars a month?  Where is that?  Comcast charges 20 a month per HD dvr box.  For a 10 year old barely functioning box.    The failure of tru2way has been a problem because of on demand.  TiVo has been unable to convince users the lack of cable's on demand service is no big deal."}
{"_id": "517064", "title": "", "text": "I like your example.  My only issue with it is that it's very anthropocentric.  Even at a very basic level, we should be teaching that economy is a subset of ecology, not just about human interactions.  I think the great economic problem of our age is not how to spur growth, but how to appropriately factor in costs of natural resources and affects to the world ecology."}
{"_id": "517078", "title": "", "text": "\"Generally if you need to tap into your retirement for the house - you probably shouldn't buy the house. But that's your call. There are several things you could do. Sue your CPA \"\"friend\"\" for malpractice. Especially if there's any actual proof of that stupid suggestion. Check with your 401k administrator about home-purchase loan from the 401k. You'll be borrowing your own money, and repaying yourself back with interest, but it will be tax free and with no penalties. Keep in mind: if you cannot repay the loan, or you leave your employer without repaying it in full - the remaining balance will be considered withdrawal and you'll pay income taxes + 10% penalty on it. If you have an IRA, you can withdraw up to 10K without penalty if this is your first house (i.e.: you didn't own a house in the last 3 years), and is going to be your primary residence. You'll still pay taxes on the 10K. But, this is not available for 401k plans. You can request equal payments distribution calculated based on your life expectancy (This is the infamous 72(t)(2) distribution, even though many of the exceptions are in the IRC 72(t)(2). This in particular is 72(t)(2)(A)(iv)). Here's the full list of exceptions. Note that even if you're willing to pay the 10% penalty, many 401k plans do not allow distributions as long as you're still employed with the sponsoring employer. If you take a hardship distribution from your 401k (if it even allows it), you'll be prohibited from contributing for 6 months, and your employer will be prohibited from contributing on your behalf as well. I.e.: not only you take out your savings, you'll be barred from saving back. Also, in the same FAQ, it tells you that the hardship distribution can only include the amounts up to the original contributions (less whatever distributions already made), and not earnings or match. I.e.: it may actually be much less than the 40K you're counting on.\""}
{"_id": "517083", "title": "", "text": "\"It does depend, but in the effort to be efficient we usually just add back Depreciation, Amortization, and Stock Based Comp.  [Although adding back SBC is hotly debated](https://www.wallstreetprep.com/blog/stock-based-compensation-treatment-dcf-almost-always-wrong/), we usually still add it back at my firm.  Keep in mind I'm in M&amp;A, so we don't really concern ourselves with creating the \"\"purest\"\" valuation...  * EBIAT * Add Depreciation * Add Amort * Add SBC * Subtract Capex * Add the decrease in NWC * Subtract the increase in NWC * = FCFF\""}
{"_id": "517101", "title": "", "text": "Contact us for Emergency Funeral services. The funeral service is a way of saying goodbye to someone who has died. We are here to take you through the decisions you need to make to ensure you can arrange the funeral you want for your loved one. http://loganrsl.com.au/services/"}
{"_id": "517121", "title": "", "text": "Along those lines, Applebee's has to take into account competing with just staying home and making this food yourself. Their menu doesn't exactly require a Michelin-star chef to make it...  A person could reasonable buy steak and cook it for probably the same amount of cost as Applebee's (factoring in additional time and effort)."}
{"_id": "517161", "title": "", "text": "\"Considering the fact that you are so unaware of how to find such data, I find it very very hard to believe that you actually need it. \"\"All trade and finance data for as much tickers and markets as possible.\"\" Wtf does that even mean. You could be referencing thousands of different types of data for any given \"\"ticker\"\" with a statement so vague. What are you looking for?\""}
{"_id": "517201", "title": "", "text": "If you are a temp-to-hire, or you are asked to setup a company then you are not an employee. They expect you to fund everything from your hourly rate. This includes pay, insurance, taxes, social security, sick, vacation, holidays... The rule of thumb for an established company is 1.75 to 2.25 times the salary rate is the rate they need to charge a customer. For example: employee get paid checks for $25/hour x 80 hours x 26 times a year.: 2080 hours or $52,000 per year. Company can only bill customers for 1800 to 1900 hours of labor. They need to bill at 2 times the salary rate or $50 per hour. They will collect $90,000 (1800*50). The numbers have to be run by the particular company based on their actual costs for benefits, overhead and profits.  If they were giving you $25 an hour as a contractor. They expect you to be making $12.50 an hour as an employee."}
{"_id": "517209", "title": "", "text": "\"1. MDA is constantly testing it's missile defense system to prepare for different threats/scenarios.  No reason to think they cannot adjust.  2. There have been numerous successful tests of the missile defense system. \"\"We could hit or we could miss\"\" is about as non-committal a commentary as you can get and that duality is true of almost anything in life.\""}
{"_id": "517215", "title": "", "text": "\"There's many concrete answers, but there's something circular about your question. The only thing I can think of is that phone service providers ask for credit report when you want to start a new account but I am sure that could be worked around if you just put down a cash deposit in some cases. So now the situation is flipped - you are relying on your phone company's credit!  Who is to say they don't just walk away from their end of the deal now that you have paid in full?   The amount of credit in this situation is conserved. You just have to eat the risk and rely on their credit, because you have no credit. It doesn't matter how much money you have - $10 or $10000 can be extorted out of you equally well if you must always pay for future goods up front. You also can't use that money month-by-month now, even in low-risk investments. Although, they will do exactly that and keep the interest. And I challenge your assumption that you will never default. You are not a seraphic being. You live on planet earth. Ever had to pay $125,000 for a chemo treatment because you got a rare form of cancer? Well, you won't be able to default on your phone plan and pay for your drug (or food, if you bankrupt yourself on the drug) because your money is already gone. I know you asked a simpler question but I can't write a good answer without pointing out that \"\"no default\"\" is a bad model, it's like doing math without a zero element. By the way, this is realistic. It applies to renting in, say, New York City. It's better to be a tenant with credit who can withhold rent in issue of neglected maintenance or gross unfair treatment, than a tenant who has already paid full rent and has left the landlord with little market incentive to do their part.\""}
{"_id": "517218", "title": "", "text": "Bitcoin exhibits the network effect so you would have to expect that it's price will mimic an S-curve. Of course for equity and debt investors it looks like a bubble within their asset classes.   The only way you could say if bitcoin is becoming frothy is if you had a very large pool of people answering surveys with why they are buying bitcoin and how much they own and plan to invest."}
{"_id": "517264", "title": "", "text": "Depends. If Levandowski(the engineer who essentially went from Waymo to Uber) signed a non-compete and non-disclosure agreement before leaving, Google could sue Uber in tort for interfering with the contract. Don't know the specifics of the story, but it really comes down to whether or not he signed those two forms."}
{"_id": "517267", "title": "", "text": "English Speaking Course in Udaipur http://www.englishkranti.com/  English Kranti is an institute of English language situated in Udaipur Rajasthan India. This institute started by Mr. Deepesh Jain in 2006. We have been benefiting and Satisfying people in overcoming their problems regarding English communication. We are providing proper knowledge of English grammar and later on while Speaking or Writing uses this knowledge in proper way."}
{"_id": "517268", "title": "", "text": "It's complicated. Really, there's no solid answer for your question. Everybody's risk tolerance and time horizon is going to be different. Those who can take on more risk can take on lower-grade C-G loans at Lending Club. Those with less risk tolerance should emphasize As and Bs."}
{"_id": "517279", "title": "", "text": "\"If the time horizon is not indicated, this is just a \"\"fair price\"\". The price of the stock, which corresponds with the fair value of the whole company. The value, which the whole business is worth, taking into consideration its net income, current bonds yield, level of risk of the business, perspective of the business etc.. The analyst thinks the price will sooner or later hit the target level (if the price is high, investors will exit stocks, if the price is cheap, investors will jump in), but no one knows, how much time will it take.\""}
{"_id": "517283", "title": "", "text": "Could somebody explain to me exactly why the writer doesn't think this is a win for passive investing? Aren't 'this could happen' statements only relevant to active managers so if you already believe that active investing is more successful than passive then of course you'll just fit this situation to 'there is still potential for major loss, the S&amp;P has tanked x many times' because you believe that there are predictable patterns in markets while the passive investor says that isn't true."}
{"_id": "517286", "title": "", "text": "Support and resistance only works as a self-fulfilling prophecy. If everyone trading that stock agrees there's a resistance at so-and-so level, and it is on such-and-such scale, then they will trade accordingly and there will really be a support or resistance. So while you can identify them at any time scale (although as a rule the time scale on which you observed them should be similar to the time scale on which you intend to use them), it's no matter unless that's what all the other traders are thinking as well. Especially if there are multiple possible S/P levels for different time scales, there will be no consensus, and the whole system will break down as one cohort ruins the other group's S/P by not playing along and vice versa. But often fundamentals are expected to dominate in the long run, so if you are thinking of trades longer than a year, support and resistance will likely become meaningless regardless. It's not like that many people can hold the same idea for that long anyhow."}
{"_id": "517289", "title": "", "text": "\"As long as you didn't \"\"forget\"\" to report any income with regards to these accounts, you should be fine doing that. See more information and specific instructions on this IRS site.\""}
{"_id": "517299", "title": "", "text": "You say you are underwater by $10k-15k.  Does that include the 6% comission that selling will cost you?  If you are underwater and have to sell anyway, why would you want to give the bank any extra money?  A loss will be taken on the sale.  Personally i would want the bank to take as much of that loss as possible, rather than myself.  Depending on the locale the mortgage may or may not be non-recourse, ie the loan contract implies that the bank can take the house from you if you default, but if 'non-recourse' the bank has no legal way to demand more money from you. Getting the bank to cooperate on a short sale might be massively painful.  If you have $ in your savings, you might have more leverage to nego with the bank on how much money you have to give them in the event the loan is not 'non-recourse'.  Note that even if not 'non-recourse', it's not clear it would be worth the banks time and money to pursue any shortfall after a sale or if you just walk away and mail the keys to the bank. If you're not worried about your credit, the most financially beneficial action for you might be to simply stop paying the mortgage at all and bank the whole payments.  It will take the bank some time to get you out of the house and you can live cost-free during that time. You may feel a moral obligation to the bank.  I would not feel this way.  The banks and bankers took a ton of money out of selling mortgages to buyers and then selling securities based on the mortgages to investors.  They looted the whole system and pushed prices up greatly in the process, which burned most home buyers and home owners.  It's all about business -my advice is to act like a business does and minimize your costs.  The bank should have required a big enough downpayment to cover their risk.  If they did not, then they are to blame for any loss they incur.  This is the most basic rule of finance."}
{"_id": "517301", "title": "", "text": "I have been torn on college in it's entirety for the last couple of years. When you consider how many successful business men and women, who never finished college, the stories of experience beating out education in hiring, and the amount of debt stress you carry for basically your entire life...  I am just not sure people should even bother at this point.   My girlfriend right now has sooo much debt it weighs on her constantly. I had never seen the weight of that debt on someone so personally until recently."}
{"_id": "517305", "title": "", "text": "In a strictly mathematical sense, no. Or rather, it depends what 'long run' means.  Say today the home average is $200K, and payment is $900/mo. The $900 today happens to be about 20% of the median US monthly income (which is approximately $54,000/yr). Housing rises 4%/yr, income 3%/yr. In 100 years (long enough?) the house costs $10M but incomes are 'only' $1.03M/yr, and the mortgage, even at the same rate is $45K/month, or, to be clear, it rose to 52% of monthly income.  My observation is that, long term, the median home costs what 25% of median income will support, in terms of the mortgage after downpayment. Long term. That means that if you graph this, you'll see trends above and below the long term line. You'll see a 25 year bubble form starting in the late 80's as rates dropped from near 18% to the Sub-4% in the early 00s. But once you normalize it to percent of income to pay the loan, much of the bubble is flattened out. At 18%, $1500/mo bought you a $100K mortgage, but at 3.5%, it bought $335K. This is in absolute dollars, wages also rose during that time. I am just clarifying how rates distort the long term trends and create the short term anomalies."}
{"_id": "517313", "title": "", "text": "\"Place your savings into safe interest-bearing accounts. Take out the loans.  Keep constant track of your net worth. Having 100,000$ and 80,000$ in interest free debt is better than having 20,000$.  You can always convert money + debt into less money and less debt, but you cannot always convert less money and less debt into more money and more debt. Now, there are risks; that is why you want an interest-bearing account to place your savings in to offset the debt.  This minimizes the risk.  It also reduces the return. It is arguable that you should be at your most financially risky at a young age.  I'd argue that your future earnings are your by far largest asset at this point, and as a high school student going into college those future earnings have extremely high variability. Your financial situation is extremely unpredictable; being conservative about your high-leverage student-loan + education investments is probably justified.  The fact you can manage arbitrage here means you should; and if you are careful, you can eliminate risk and get almost risk-free profit from the maneuver. If your money is in less than perfectly safe accounts, you are now doing leveraged investing and magnifying the risk and return of said investments. If your money must be spent on college or you'll be financially punished, then you may want to consider pulling it out before the last possible legal point just in case something goes wrong. Apparently 529 plans may not treat \"\"paying off student loans\"\" as a valid way to spend the money.  You may need to talk to a lawyer or accountant about the legality of using these plans to pay off student loans, and the tax/penalties involved.\""}
{"_id": "517323", "title": "", "text": "The stock market is just like any other market, but stocks are bought and sold here. Just like you buy and sell your electronics at the electronics market, this is a place where buyers and sellers come together to buy and sell shares or stocks or equity, no matter what you call it. What are these shares?  A share is nothing but a portion of ownership of a company. Suppose a company has 100 shares issued to it, and you were sold 10 out of those, it literally means you are a 10% owner of the company. Why do companies sell shares? Companies sell shares to grow or expand. Suppose a business is manufacturing or producing and selling goods or services that are high in demand, the owners would want to take advantage of it and increase the production of his goods or services. And in order to increase production he would need money to buy land or equipment or labor, etc. Now either he could go get a loan by pledging something, or he could partner with someone who could give him money in exchange for some portion of the ownership of the company. This way, the owner gets the money to expand his business and make more profit, and the lender gets a portion of profit every time the company makes some. Now if the owner decides to sell shares rather than getting a loan, that's when the stock market comes into the picture. Why would a person want to trade stocks? First of all, please remember that stocks were never meant to be traded. You always invest in stocks. What's the difference? Trading is short term and investing is long term, in very simple language. It's the greed of humans which led to this concept of trading stocks. A person should only buy stocks if he believes in the business the company is doing and sees the potential of growth. Back to the question: a person would want to buy stocks of the company because: How does a stock market help society? Look around you for the answer to this question. Let me give you a start and I wish everyone reading this post to add at least one point to the answer. Corporations in general allow many people come together and invest in a business without fear that their investment will cause them undue liability - because shareholders are ultimately not liable for the actions of a corporation. The cornerstone North American case of how corporations add value is by allowing many investors to have put money towards the railroads that were built across America and Canada. For The stock market in particular, by making it easier to trade shares of a company once the company sells them, the number of people able to conveniently invest grows exponentially. This means that someone can buy shares in a company without needing to knock door to door in 5 years trying to find someone to sell to. Participating in the stock market creates 'liquidity', which is essentially the ease with which stocks are converted into cash. High liquidity reduces risk overall, and it means that those who want risk [because high risk often creates high reward] can buy shares, and those who want low risk [because say they are retiring and don't have a risk appetite anymore] can sell shares."}
{"_id": "517324", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-22/wall-street-banks-warn-winter-is-coming-as-business-cycle-peaks) reduced by 87%. (I'm a bot) ***** &gt; HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley see mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle.  &gt; Analysts at the Wall Street behemoths cite signals including the breakdown of long-standing relationships between stocks, bonds and commodities as well as investors ignoring valuation fundamentals and data.  &gt; Citigroup analysts also say markets are on the cusp of entering a late-cycle peak before a recession that pushes stocks and bonds into a bear market.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vkwv3/the_next_recession_is_nigh_how_are_you_lads/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~197088 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **market**^#1 **stock**^#2 **investors**^#3 **equity**^#4 **U.S.**^#5\""}
{"_id": "517330", "title": "", "text": "Yeah.  I agree about that last sentence.  It was silly but I was too lazy to edit it.  *Note that I'm not saying his representations of and predictions about Obama's policies are accurate*  I agree with you on that point as well.  I don't know how my familiarity with Obama's policies stack up with his and if either of us truly know the big picture.  I had to put the thought down to see how everyone else felt.  We can't argue that it's been, in the least, a good opportunity for discussion.  My other thought was the gumption he had to even throw this out there.  On some level he thinks he has a grip on how things will play out insomuch that he predicts the future if Obama was reelected."}
{"_id": "517337", "title": "", "text": "I don't know; at 75k per year I can't travel for weeks at a time.  If I were making significantly more money to allow me to travel weeks at a time, I'm pretty sure I'd be happier.  I'd also bet I'm not the only one."}
{"_id": "517345", "title": "", "text": "\"This is actually a fairly hard question to answer well as much of the currency trading that is done in financial markets is actually done directly with banks and other financial institutions instead of on a centralized market and the banks are understandably not always excited to part with information on how exactly they do their business.  Other methods of currency exchange have much, much less volume though so it is important to understand the trading through markets as best as possible. Some banks do give information on how much is traded so surveys can give a reasonable indication of relative volume by currency.  Note the U.S. Dollar  is by far the largest volume of currency traded partially because people often covert one currency to another in the markets by trading \"\"through\"\" the Dollar.  Wikipedia has a good explanation and a nicely formatted table of information as well.\""}
{"_id": "517356", "title": "", "text": "If you ever own a home (which sounds doubtful), or your parents sell their home after 20 years of ownership,  you will appreciate those capital gains taxes.   They don't just apply to the rich.     Now go,  shoo, scram.... back to your dorm room, you filthy college freshman."}
{"_id": "517361", "title": "", "text": "I see some merit in the other answers, which are all based on the snowball method. However, I would like to present an alternative approach which would be the optimal way in case you have perfect self-control. (Given your amount of debt, most likely you currently do not have perfect self-control, but we will come to that.) The first step is to think about what the minimum amount of emergency funds are that you need and to compare this number with your credit card limit. If your limits are such that your credit cards can still cover potential emergency expenses, use all of the 4000$ to repay the debt on the loan with the higher interest rate. Some answer wrote that Others may disagree as it is more efficient to pay down the 26%er. However, if you pay it all of within the year the difference only comes to $260. This is bad advice because you will probably not pay back the loan within one year. Where would you miraculously obtain 20 000$ for that? Thus, paying back the higher interest loan will save you more money than just 260$. Next, follow @Chris 's advice and refinance your debt under a lower rate. This is much more impactful than choosing the right loan to repay. Make sure to consult with different banks to get the best rate. Reducing your interest rate has utmost priority! From your accumulated debt we can probably infer that you do not have perfect self-control and will be able to minimize your spending/maximize your debt repayments. Thus, you need to incentivize yourself to follow such behavior. A powerful way to do this is to have a family member or very close friend monitor your purchase and saving behavior. If you cannot control yourself, someone else must. It should rather be a a person you trust than the banks you owe money."}
{"_id": "517372", "title": "", "text": "\"Ive got a lengthy reply for you, but I forgot to hit send. Anyway...  Honest question without entrapment. Do you really believe this \"\"anti science\"\" rhetoric? You must see that a good bit of that comes from a liberal media pushing an agenda. What has he actually done that is oppositional to science?  As a data point the largest hit to NIH funding came during the Obama years. Granted they cleverly hid it in sequestration so they weren't left holding the bag, but they also didn't spend considerable political capital defending it. Not exactly a pro science move in any pragmatic sense.  NASA funding increased 800 million. NSF is up 100 million. Collectively agencies are up 14 million from 2015. Data here  https://ncsesdata.nsf.gov/fedfunds/2015/html/FFS2015_DST_003.html  Ultimately you have to admit the rapid expansion of entitlements lobbied for by democrats will necessarily create budgetary pressure on non defense spending. The assumption being that budgets of grant agencies is the primary mechanism by which government exerts control over science.\""}
{"_id": "517377", "title": "", "text": "\"From what I understand, they basically hold on to your money while you stop paying your debt.  They keep it in an account and negotiate on your behalf. The longer you go without paying, the less the debt collector is willing to take and at some point, they will settle.  So they take the money you've been putting into their \"\"account\"\" and pay it down.  Repeat the process for all your accounts. I basically did this, without using a service. I had $17,000 on one card and they bumped the interest rate to 29%, and I had lost my job. I didn't pay it for 7 months.  I just planned on filing bankruptcy.  They finally called me up and said, if you can pay $250 a month, until it's paid off, we will drop the interest to 0% and forgive all your late fees. I did that, and five years later it was paid off. Similar situation happened on my other cards.  It seems once they realize you can't pay, is when they're willing to give you a break.  It'd be nice they just never jacked up your rate to 30% though. So, forget the service, just do it yourself.  Call them up and ask, and if they don't budge, don't pay it. Of course your credit will be shot.  But I'm back in the 700s, so anything is possible over time.\""}
{"_id": "517381", "title": "", "text": "\"Wikipedia talks about the Chinese currency: Scholarly studies suggest that the yuan is undervalued on the basis of purchasing power parity analysis. so despite it appearing cheaper due to the official exchange rate, the price in China might actually be fair. There are also restrictions on foreign exchange (purportedly \"\"to prevent inflows of hot money\"\"), which, in concert with any other legal obstacles to owning or trading on the Chinese exchange, may also explain why the high-frequency traders aren't tripping over each other to arbitrage away the difference.\""}
{"_id": "517385", "title": "", "text": "It's self evident that you're shrieking and not making a salient point? I agree. No one said shit about apprenticeships. This is about formal secondary education which is not required by 5 states (as I said) to take the bar. I don't think I'm the one that can't read.   It's also fucking hilarious that you're accusing me of having no reading comprehension skills when you pulled out the 90% number like it was so sort of revelation when I'd already mentioned it in my original comment. Kinda pathetic if we're being honest."}
{"_id": "517386", "title": "", "text": "Not much at all, especially an introductory level Microeconomics class. There are a few reasons for this: That's not to say that Economics isn't worth studying. I loved both my Micro and Macro class. But I probably got more useful investing knowledge from a class on linear regression."}
{"_id": "517391", "title": "", "text": "Why would it not make more sense to invest in a handful of these   heavyweights instead of also having to carry the weight of the other   450 (some of which are mostly just baggage)? First, a cap-weighted index fund will invest more heavily in larger cap companies, so the 'baggage' you speak of does take up a smaller percentage of the portfolio's value (not that cap always equates to better performance). There are also equal-weighted index funds where each company in the index is given equal weight in the portfolio. If you could accurately pick winners and losers, then of course you could beat index funds, but on average they've performed well enough that there's little incentive for the average investor to look elsewhere.  A handful of stocks opens you up to more risk, an Enron in your handful would be pretty devastating if it comprised a large percentage of your portfolio. Additionally, since you pay a fee on each transaction ($5 in your example), you have to out-perform a low-fee index fund significantly, or be investing a very large amount of money to come out ahead. You get diversification and low-fees with an index fund."}
{"_id": "517410", "title": "", "text": "From PayPal's website: PayPal offers discounted transaction rates for 501(c)(3) charities for   most products, and consistently low rates for all other nonprofits. No   extra fees for setup, statements, withdrawals or cancellation.   2.2% + $0.30 per transaction and no monthly fee for charities. There is a reduced rate if the donations total more than $100,000 (which they would for Wikipedia), but PayPal doesn't publish those rates. You have to call and ask about them. One forum I read indicates the rate drops to 1.9% + $0.30 per transaction."}
{"_id": "517428", "title": "", "text": "The bottom line is to keep most of your money in accounts with no check privileges and to not give the account numbers for these accounts to anyone. Keep just enough in your checking account for the checks you are going to write."}
{"_id": "517430", "title": "", "text": "Stop acting like a petulant 1L.   If you can't find consideration in a wedding contract then you can't read. The hotel will provide wedding services and leased space in exchange for money and certain promises. There you go, consideration.   This isn't a 1st ammendment issue, and it sure as shit isn't a consideration issue. It *might* be a liquidated damages issues,  maybe indefinite."}
{"_id": "517431", "title": "", "text": "I am sure favoritism has a role to play in promotions - I don't know if the MIT research controlled for like-ability. The point to the research though I think is that when managers see someone show up at work and stay for the full day that creates the illusion that someone is productive, regardless of what they might actually be doing."}
{"_id": "517439", "title": "", "text": "Buffet doesn't strike me as the kind of man who leaves himself vulnerable to technological changes, especially ones that are a part of a greater whole he's acknowledged as imminent. To think that self driving cars are coming, but self driving tractor trailers are not, is foolish. Buffet isn't a foolish man. If/when Tesla Semis take over, Buffet will still find a way to profit from the change."}
{"_id": "517440", "title": "", "text": "I would also check into whether you can keep using your credit card instead of switching to a debit card tied to your checking account.  The credit card provides you protection from someone wiping your account out.  Most banks will help you get the money back if this happens while using a debit card.  But you are out the money while the bank figures out who is wrong.  In the credit cards case none of your money is actually taken from your account while you dispute the charge. I also agree with the others that having all your money in one account is more difficult to keep real spending money separate from emergency fund money."}
{"_id": "517449", "title": "", "text": "From my understanding all HSA accounts are going to be limited to 6 transfers a month.  Have you considered using a credit card you earn rewards on and then writing yourself a check out of the HSA at the end of the month?"}
{"_id": "517468", "title": "", "text": "This refers to the shape of the yield curve. The greater the spread, the steeper the yield curve (difference between short term rates and long term rates).   The shape of the yield curve has huge impacts on bank earnings, as they borrow short term (deposits) and lend long term (loans). The greater the spread the bigger their margins."}
{"_id": "517485", "title": "", "text": "You lack of perspective shows you haven't educated your self on the topic either (see, I can ad hominem too).  Have you ever run a business?  The fact that on average 34 year olds are on min wage and not young kids says alot about our economy. Instead of punishing employers for their employees' bad life decisions to lead them to want a min wage job at 34, how about we create more jobs and stop outsourcing then to 3rd worlders over seas?"}
{"_id": "517488", "title": "", "text": "Interesting thing is, the refusal to engage in a raw deal has been observed down to the level of less developed primates between cucumbers and grapes.  This fact puts a lot of the political and economic narratives being shoved down our throats into perspective."}
{"_id": "517497", "title": "", "text": "...and charge it back to the customer.  So, I'm confused.  Are the fines designed to discourage future transactions or simply there to provide a cost to the client?  I guess the fact that no bankers have gone to jail over this answers that question."}
{"_id": "517510", "title": "", "text": "Check with the manufacturer of the name brand medication.  Most of them have programs to help people who need their medication but can not afford it.  They may be able to send you coupons for discounted or free medication.  You can go to a free clinic.  If your income is low enough the free clinic will provide medicine until you can get back on insurance.   You can do what alot of people who work hard and do not have insurance do and pay for it outof pocket.  You can talk to your doctor and see if there is an alternative to the expensive medicine that your insurance used to pay for. It may not be as effective or may have other side affects but many people are forced to go with these alternatives.   You situation is certianly unfortunate but also not terribly uncommon.  You probably also have recourse against the former employer but if they commited fraud, and faked your insurance there probably is not alot of money to recoup.  If it was a person who commited fraud then you may be able to get a judgement against them that would survive bankruptcy and the business but it will probably be at least 5 years before you can recoup anything possibly much longer and your attorney will probably not take it on contingency."}
{"_id": "517516", "title": "", "text": "I am not required to hold any company stock. I also have an ESOP plan carrying a similar number of shares in company stock.  So if it were to be sold, what would the recommendation be to replace it? I can move the shares into any option shown, and have quite a few others.  Not dealing with any huge amounts, just a 4.5% contribution over three years (so far)."}
{"_id": "517532", "title": "", "text": "I use Ad block in Firefox and almost forget that a lot of websites have ads on them. I sometimes use Chrome and I always amazed at the number of ads on a website that I visit with Firefox and Ad block. I do have it turned off for Reddit because I like the cut of there jib."}
{"_id": "517548", "title": "", "text": "I suppose that there should be some sort of adjustment for inflation in the capital gains. That way those who exploit the short term volatility of the market and make money investing in real estate will be treated differently than the grandma who has lived in her house for 30 years.   I guess that is why they call inflation the invisible tax."}
{"_id": "517552", "title": "", "text": "&gt;  &gt; The state has never, over 30 years, followed standard practice and used an actuary to determine how much to put into the pension funds each year. The legislators just pulled numbers out of the air each year. As a result the pensions have never been properly funded. The benefits are rich but, according to the people on this panel the main issue is this under funding.  This is a half truth.  Mr. Ingram, CPS and others are just as at fault for letting politicians kick the can down the road.  In contract negotiations, they don't pressure the legislature to come up with the money and keeping those pension accounts funded.    The state passed a law in 1988 changing the length of time the state needed to cover its pension debt, expanding it to 40 years, and the Teachers Unions never cared as long as they got as large a promise as possible.  As long as the payment promises are large, they never cared about having the accounts funded.  &gt; 2/3 of the teacher's pension hole is for people already retired. Changing benefits for current teachers will not help enough.  A good chunk of these teachers are retiring with 6 figure salaries that grow at 3% per annum.  It's insane, whether they are already retired or not.  The math is insane."}
{"_id": "517573", "title": "", "text": "\"Affinity fraud. You see, Madoff really didn't have to sell himself, people recommended him to their friends.  In a similar way, it's easy once a scammer reels in one sucker to keep him on the hook long enough to get 10 friends to invest as well.  I've written about Mortgage Acceleration scams, and the common thread is that they are first sold to friends, relatives, neighbors. People tell their fellow church goer about it and pretty soon people's belief just takes over as they want it to work.  Edit - the scam I referenced above was the \"\"Money Merge Account\"\" and its reincarnated \"\"Wealth Unlimited.\"\" It claimed to use sophisticated software to enable one to pay their mortgage in less than half the time while not changing their budget. The sellers of the product weren't able to explain how it was supposed to work, since it was nonsense anyway. You were supposed to be able to borrow against a HELOC at a rate higher than your mortgage, yet come out ahead, enough to cut the time in half or less. The link I posted above leads to a spreadsheet I wrote in a weekend, which was better at the math than their software and free. It also linked to 66 pages of accumulated writing I did over a number of months starting in 2008. In the end, I never saw any prosecution over this scam, I suppose people were too embarrassed once they realized they wasted $3500.  How can I get scammed buying S&P ETFs through Schwab? Easy, I can't.\""}
{"_id": "517577", "title": "", "text": "You sold all shares? The potential wash sale effect goes away after 30 days from the dividend date. Selling all shares of a stock where a wash existed effectively negates the wash and you can take the loss."}
{"_id": "517626", "title": "", "text": "&gt; Taxation is theft.  No, and [we've already gone down this road](https://www.reddit.com/r/economy/comments/6leb2o/missouri_republicans_lower_st_louis_minimum_wage/dju1jjp/).  Are you familiar with US history and the time they had the [Articles of Confederation](https://en.wikipedia.org/wiki/Articles_of_Confederation)?  I would be curious to know why you think it failed."}
{"_id": "517632", "title": "", "text": "We're in our fifth year of business.  We never had a business plan and never took out a loan.  We started tiny, and grew to be small.  Many of our competitors have left the field, mostly due to debt and a local market that can be very hard to predict.  I like this guy's focus on entrepreneurship for low-income people.  For most of us, if you can start a business that ends up being a fairly decent-paying job for yourself and maybe a couple other people, that's good enough.  Jobs for average people are disappearing, but those with the dedication and discipline can scratch out an alright living running their own show."}
{"_id": "517633", "title": "", "text": "If I was you I would not borrow from my 401K and shred the credit card offer.  Both are very risky ventures, and you are already in a situation that is risky.  Doing either will increase your risk significantly. I'd also consider selling the rental house.  You seem to be cutting very close on the numbers if you can't raise 17K in cash to refi the house.  What happens if you need a roof on the rental, and an HVAC in your current home?   My assumption is that you will not sell the home, okay I get it.  I would recommend either giving your tenant a better deal then the have now, or something very similar.  Having a good tenant is an asset."}
{"_id": "517637", "title": "", "text": "\"Re. question 2 If I buy 20 shares every year, how do I get proper IRR? ... (I would   have multiple purchase dates) Use the money-weighted return calculation: http://en.wikipedia.org/wiki/Rate_of_return#Internal_rate_of_return  where t is the fraction of the time period and Ct is the cash flow at that time period. For the treatment of dividends, if they are reinvested then there should not be an external cash flow for the dividend.  They are included in the final value and the return is termed \"\"total return\"\".  If the dividends are taken in cash, the return based on the final value is \"\"net return\"\". The money-weighted return for question 2, with reinvested dividends, can be found by solving for r, the rate for the whole 431 day period, in the NPV summation. Now annualising And in Excel\""}
{"_id": "517639", "title": "", "text": "\"CDS spreads have little to do with the already issued debt itself. CDS spreads broadcast \"\"riskiness\"\" for current and future market participants.  Since existing debt is constantly bought and sold, higher CDS spreads mean the existing debt becomes ever more illiquid. It means that those who do hold that debt cannot price it accurately as a result of said illiquidity and cannot sell it without taking a haircut.  It also means that new debt cannot be issued without the existing debt taking a haircut or being defaulted on because at least part of the new debt would ostensibly be used to pay off the old debt.   If shares are used to securitize debt than a fall in those shares puts into question the ability to fully service that debt. The collateral is the balance sheet of the debtor.   MF global doesn't issue their own currency. They cannot devalue their debt.\""}
{"_id": "517641", "title": "", "text": "It says Amazon has no profits (or very low profits) but the value of the company is very high and growing because of the high revenue. All of the returns to investors are in the form of increased share price which isn't realized or taxed until the shares are sold. This isn't a loophole. Anybody can run a business where they spend most of their revenue on operating costs and run on very slim margins with the goal of growing the revenue."}
{"_id": "517652", "title": "", "text": "The meaning was plenty clear and that's why I pointed out you're simply arguing [semantics](http://www.fallacyfiles.org/etymolog.html). No reasonable bystander would read that and instantly jumped from humans, which with context implied human *labor*, to slavery.   Disconnecting a word from context does not enhance meaning, it distorts it. And completely derails the point from something productive to useless."}
{"_id": "517667", "title": "", "text": "I sell gas to gas stations. Your profit isn't much in gas, it's in the convenience store. So if you're going to do it, focus on your store. Here in the Midwest we have a brand of stations called Quicktrip - everyone loves these gas stations and will go out of their way if they need gas. Because they're very clean and the workers are friendly.  Don't build a branded station. Right now branded gas is cheaper than wholesale in a lot of markets, but that's not usually typical. It's better to have options and not be locked into a BP station where you can only buy their gas no matter the price. Additives are BS - it's a commodity.   Operating capital will be fairly high.  Roughly 7500/gal per truck at say 3.00 cents/gal is about $22,500. In a high traffic area you could be pulling 1 truck per day to keep supply full (this is an assumption based on what we sell to customers). Do some math and that's quite a bit of operating capital, can you finance that? We set credit limits on our customers, but they're not high (think 50-100k for small stations, which is only a couple truck loads).  I don't think it's a terrible business to be in - but I would almost rather own the trucks hauling gas to your station and charging on the gallon. Or on the supply side of the equation where gas is more profitable."}
{"_id": "517669", "title": "", "text": "\"I cannot stand TV commercials...   If you take a basic lesson on advertisement tactics, then you learn how humans are predisposed to certain things, and that these things are used by advertisements to manipulate human emotion and attention.  These \"\"things\"\" being:  * humor * catchyness/rhyming * repetition  * emotion * a ton of other ones(patriotism, testimonial, bandwagon, generalities, etc.)  Now, when you aren't consciously thinking about these things, its a non-issue. You might laugh at the commercial, or hum along to the song, whatever. But when you are consciously aware that these tactics are being used to manipulate you as a consumer... quite frankly, it just annoys the hell out of you. It's like having a dead pixel on your brand new LCD screen. When you don't notice it, all is well, when you see it; it cannot be unseen.  There is another thing that is becoming more prevalent in advertisements that I have not really seen addressed at all... how should I describe it....\"\"Anti-Reality\"\". I think this is the most disconcerting aspect of them all.  When you read a comic book or watch a superhero movie, you see Superman flying around and it is just totally natural and acceptable. I don't think there is anything wrong with that, it is entertainment. But watch these commercials, *and pay attention*. You will see the most unrealistic, fantastical, embellished nonsense that you could ever imagine. Even in the most basic commercials for the most mundane product. The thing is, you will not even think twice about the absurdity of what you are watching until someone points it out to you.  For the average Joe who is watching 5 hours of TV a day, every day, literally watching tens of thousands of commercials a week, for years!.... I honestly question if they can distinguish that the absurd shit they see in commercials IS NOT REALITY.\""}
{"_id": "517675", "title": "", "text": "\"**1973 oil crisis**  The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo. The embargo occurred in response to United States' support for Israel during the Yom Kippur War. By the end of the embargo in March 1974, the price of oil had risen from US$3 per barrel to nearly $12 globally; US prices were significantly higher. The embargo caused an oil crisis, or \"\"shock\"\", with many short- and long-term effects on global politics and the global economy.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "517694", "title": "", "text": "\"The entire purpose of it. They already had an online store and presence and have a far superior network of DC's and shipping. Not to mention a huge network of actual \"\"brick and mortar\"\" stores. Walmart's DC's  and their ability to be extremely efficient in supplying their stores is next to none. Not to mention they can use the same DC's they already have to fill online orders which far exceed what Amazon has let alone any other company in the same field. Hell Meijer as a larger physical presence than most in the midwest/eastern side of the states. People also discount company's such as Menards which I am actually confused how why they have not expanded more than they have. I just feel like a lot of the \"\"Amazon is taking over the world\"\" is complete horse shit much like how Kmart was going to back in the day. Amazon stock is the single most inflated and bloated pile I have ever seen and it will catch up to them.   It made little to no real sense. They did not need Jet.com to push what they were trying to do with online orders.\""}
{"_id": "517699", "title": "", "text": "\"Wow!  Look at that job description:  &gt; \u25a0 Job: Sleeping  &gt; \u25a0 Location: Akihabara (3 min walk from station)  &gt; \u25a0 Qualifications: High school age to 30s  &gt; \u25a0 Compensation: 3,500 yen/hour  &gt; \u25a0 Hours: Weekdays 15:00-22:00, Weekend/holidays 12:00-22:00  At today's exchange rate, that's $44.48 / hour to sleep.  Sounds like my dream job.  Of course, you also have to be a pretty girl to qualify.  I'll just have to wait until they open up a \"\"sleep with a fat old guy\"\" boutique shop.  Then I'm moving to Japan.\""}
{"_id": "517703", "title": "", "text": "While iPhone ushered a smartphone market it is really Android which got us hooked to the Internet. Android with all its usability issues was a mass market product that empowered the bottom of pyramid with a low cost device offering the same capabilities as an iPhone."}
{"_id": "517723", "title": "", "text": "Roth IRAs divide your withdrawal into 3 categories: Contributions, Conversions, and Earnings. This is significant, because each have different tax consequences and the order of withdrawal is dictated by tax law. You can withdraw your contributions in less than 5 years for any reason (home buyer or not). You cannot withdraw your conversions or earnings without waiting 5 years unless you pay the 10% penalty.  The home buyer exemption is only after the 5 years are met. Further detail found on the motley fool: home purchase exemption, distributions, early withdrawals."}
{"_id": "517726", "title": "", "text": "Thanks for your informed perspective on this.  &gt;Twitter is a massive time suck to market on  I'm curious if you happen to know if bot presence on Twitter makes advertising on the service even less advantageous.  Do you think Instagram has a long term strategy to keep their users interacting with the service? What do you think will drive this over time? I work for a game development company (on the side) and we tend to get a lot more interactions with our posts on Instagram, but are suspicious of the actual benefit these interactions have from a marketing perspective by comparison."}
{"_id": "517729", "title": "", "text": "keep working on it, a lot of people lose momentum. Start small, and buy as many products as you can and flip them. Start growing a profit, then eventually you'll start having enough for a store. To get funds, just get a job as a busser somewhere and work as many shifts as you can, you can make around 300- 400$ a week, save up for a few months."}
{"_id": "517743", "title": "", "text": "\"The point is that government controlled institutions could do the lending instead. Right now banks are able to lend and create money out of \"\"thin air\"\" by loaning more than they have. These banks make lots of money doing this. What if that money was used to lower taxes instead of line the pockets of old banking families?  It is not totally ludicrous\""}
{"_id": "517748", "title": "", "text": "\"Federal tax refund is taxes you've overpaid. What you're saying is that this year you overpaid less than before. I don't understand why you see this is as a bad thing. Optimal situation is when you have no refunds and no taxes due on tax day, but it is really hard to get there. But the closer you can get - the better, which means that reducing your refund should be your goal. In any case, \"\"Federal Tax Refund\"\" is meaningless, what you need to look at is your actual taxes due. This is the number you should be working to reduce. Is it possible to shift the amounts on a W-2 (with correct adjustments) to tax all of your wages, instead of leaving some of it deducted pre-tax? Why would you want to pay more tax? If your goal is to have a refund (I.e.: it is your way of forcing yourself to save), then you need to recalculate the numbers and adjust your W4 taking the (pre-tax) FSA into account. If it is not the goal, then you should be looking at the total taxes owed, not the refund, and adjust your W4 so that your withholding would cover the taxes owed as closely as possible. And to answer your question, after all this - of course it is possible. But it is wrong, and will indeed likely to trigger an audit. You can write whatever you want on your tax return, but in the end of it, you sign under the penalty of perjury that what you filled is the correct information. Perjury is a Federal felony, and knowingly filing incorrect tax return is fraud (especially since your motive is to gain, even though you're not actually gaining anything). Fraudulent tax returns can be audited any time (no statute of limitations).\""}
{"_id": "517750", "title": "", "text": "As of now in 2016, is is safe to assume that mortgage rates would/should not get back to 10%? What would the rates be in future is speculation. It depends on quite a few things, overall economy, demand / supply, liquidity in market etc ... Chances are less that rates would show a dramatic rise in near future. Does this mean that one should always buy a house ONLy when mortgage rates are low? Is it worth the wait IF the rates are high right now? Nope. House purchase decision are not solely based on interest rates. There are quite a few other aspects to consider, the housing industry, your need, etc. Although interest rate do form one of the aspect to consider specially affordability of the EMI.  Is refinancing an option on the table, if I made a deal at a bad time when rates are high? This depends on the terms of current mortgage. Most would allow refinance, there may be penal charges breaking the current mortgage. Note refinance does not always mean that you would get a better rate. Many mortgages these days are on variable interest rates, this means that they can go down or go up. How can people afford 10% mortgage? Well if you buy a small cheaper [Less expensive] house you can afford a higher interest rate."}
{"_id": "517762", "title": "", "text": "YES I have been there as a kid on field trips. I still have nostalgia just thinking of all the good times I had back in the 90s at Sea World. Shamu was my favorite animal, me and my mom got wet from the show and its one of the best memories I have as a kid. I still have the souvenirs somewhere in my garage."}
{"_id": "517774", "title": "", "text": "Your maximum risk is 100%. If you buy the stock 15% off and your company goes bankrupt tomorrow, you've lost everything. It also sounds like you have foreign exchange risk. One can debate how much risk this is in terms of expected outcomes, but that was not your question. However, if you purchase the company stock and buy put options at the same time, you can lock in a sale price ahead of time and absolutely limit your risk. Depending on the amount of stock we're talking about, you can buy currency futures as well to hedge the exchange risk. You don't necessarily have to buy the break-even strikes, you can buy the ones that guarantee a positive return. These are probably fairly cheap.  Note that a lot of companies have policies that prohibit beneficiaries from shorting the company stocks, in which case you might not be able to hedge yourself with put options."}
{"_id": "517784", "title": "", "text": "I will ask again since you are an expert in economy:  &gt; Explain me why Bezos, a retail and technology guru would waste his time on WaPo, and old-fashion media? Is it to make money? Yes or no?  Yes, you reduce your tax bill if your profits go down due to a losing business. It's not debatable."}
{"_id": "517804", "title": "", "text": "As per Wikipedia of right now, here are unemployment figures for Switzerland and surrounding countries: Liechtenstein, unfortunately, does not have a large job market, given its total population of about 37,000 people. And note that the German figure of 4.5% is the lowest it has been for decades - I'd expect this number to go up and the Swiss one to stay constant. Bottom line: you will have an easier time finding a job in Switzerland. (Plus all the other good points the other answers raised: great mountains, great chocolate, low taxes, clean streets etc.)"}
{"_id": "517810", "title": "", "text": "I mean, when the federal government can pull your bank charter and the FDIC can revoke your government insurance, it's not worth the benefit just to support some small town pot grower. It's likely to be this way until the federal government legalizes it or gives outright approval to the banks."}
{"_id": "517826", "title": "", "text": "The standard approach is to reach an agreement and put it in writing. What you agree upon is up to you, but in the US if you want to avoid gift taxes larger loans need to be properly documented and must charge at least a certain minimal interest rate. (Or at least you must declare and be taxed upon that minimal income even if you don't actually charge it. Last I looked, the federal requirement was somewhere under 0.3%, so this isn't usually an issue. There may also be state rules.) When doing business with friends, treat it as business first, friendship second. Otherwise you risk losing both money and friendship. Regarding what rate to charge: That is something you two have to negotiate, based on how much the borrower needs the money, how much lending the money puts the lender at risk, how generous each is feeling, etc. Sorry, but there is no one-size-fits-all answer here. What I charge (or insist on paying to) my brother might be different from what I charge my cousin, or a co-worker, or best friend, or... If both parties think it's fair, it's fair. If you can't reach an agreement, of course, the loan doesn't happen."}
{"_id": "517827", "title": "", "text": "Before you decide on moving into trading, whether you have experience or not, you need to sort out a couple of questions. How much do you really understand about the markets ?  How much money you have and what would be the maximum loss you may be able to take ?  What supporting Eco-system you have to help you in terms of trading i.e. hardware, software, research, connections who can provide you with solid information and sorts of it ? Are you really prepared to take on institutions who have billions to spend and take losses i.e. amounts which might break you will be peanuts for them ? I am assuming you are in US, so this website  may help you a bit, trading websites where you can open an account.  Even if you reply in affirmative to the above questions, you should still be wary about making money by trading. It is a field where even the best people have been smacked in the face without any mercy. And above all don't expect any person will take mercy on your hard earned cash. They will take you to the cleaners if they have to. There are some websites which allow you to participate in trading, not involving real money. Try that out and see where you get to ? That should give you some pointers on where you are headed.  And realize that it is human nature to assume, when you hear news that such and such trader make loads of money in such and such trades, trading is easy, unless you do it for yourself. The truth is such traders would be on their desk for 18-20 hours at a stretch, 6-7 days a week, without a life to make such money. And they have loads of support staff i.e. analysts, IT guys who makes it easier for them. Do you have such help ? If no, then look the other side.  But giving up without trying at all will be cowardly, but do it in limits which you can bear and not to get carried away when things are good."}
{"_id": "517828", "title": "", "text": "Not really, but it's not hard though. If you have a gmail account though, go to the top where it says 'more', click it, then go down the pop-down list and click Reader. I think they give you instructions right there. Once you're set up you'll have notifications for new articles on all the sites you want to keep track of (assuming they do RSS, which most do). It's really handy."}
{"_id": "517836", "title": "", "text": "You can depreciate equipment as a valid expense, even for a sole proprietorship.  The concept is simple, but the details are pretty complicated (and probably even more so given the added complexities of agricultural economics).  Definitely speak to an accountant who specializes in the field."}
{"_id": "517873", "title": "", "text": "You sold a call, and have a risk if the stock rises.  You bought a put and gain when the stock drops. You, sir, have a synthetic short position.  It's Case 3 from your linked example: Suppose you own Long Stock and the company is going to report earnings   but you\u2019re going on vacation. How can you hedge your position without   selling your stock? You can short the stock synthetically with   options! Short Stock = Short Call + Long Put They conclude with the net zero remark, because the premise was an existing long position. A long plus this synthetic short results in a neutral set of positions (and the author's ability to go on vacation not concerned about any movement in the stock.)"}
{"_id": "517874", "title": "", "text": "\"If you are the type of person that gets drawn in to \"\"suspect\"\" offers, then it is conceivable that if you are not signing the services offered your credit would be improved as your long term credit strengthens and the number of new lines of credit are reduced. But if you just throw it all away anyway then it is unlikely to help improve your score.  But there is no direct impact on your credit score.\""}
{"_id": "517881", "title": "", "text": "Yeah, the company has less than 18 months left before total collapse imo.  I wouldn't be surprised if it goes under around Christmas tbh.  Their suppliers no longer give merchandise on credit but the only reason I give the enterprise that much time is because they might have overstock from all their recently closed locations flooding the still-open ones, lol.  From wiki: &gt;Since 2010, Sears has gone from more than 3,500 physical stores to 695 US stores."}
{"_id": "517896", "title": "", "text": "\"STUDY FINDS...  Just LOL. Let me guess, the group that suddenly had more money relative to their peers experienced a wealth effect?  Now see if you can find the logical flaw in applying that same math to an entire group rather than a subset of a group. These \"\"studies\"\" on basic income are so logically challenged it's hard not to laugh at these ignoramuses.  There have always been a large percentage of economists who actually suck at economics, but recently it seems the rest of the establishment has just taken to ignoring them rather than telling them that they are intellectual children, as they would in the past.  Where are the adults?  Now mod me into oblivion kids. Remember: don't respond. Just use that down arrow to silence anyone who says something that upsets you. It's the millennial way. LOL\""}
{"_id": "517903", "title": "", "text": "This is hyperbole that makes assumptions about engineering details that are easily addressed: Use a system analogous to marginal tax rates to solve this problem.  Have 0-tax cutoff values a few times larger than expected pension/retirement fund savings values for individuals."}
{"_id": "517934", "title": "", "text": "LC WebPros is a famous name in IT sector,  which provides the amazingly great IT solutions service in all over the world. We develop the best multi-functional websites based on the latest technology platforms. We also provide a business card, digital marketing, search engine optimization, Social media marketing and many more services related to IT sector. Our employee synchronize needs with our clients to make a better digital force. We build products that vary based on the needs of the client."}
{"_id": "517935", "title": "", "text": "I use and recommend barchart.com. Again you have to register but it's free. Although it's a US system it has a full listing of UK stocks and ETFs under International > London. The big advantage of barchart.com is that you can do advanced technical screening with Stochastics and RS, new highs and lows, moving averages etc. You're not stuck with just fundamentals, which in my opinion belong to a previous era. Even if you don't share that opinion you'd still find barchart.com useful for UK stocks."}
{"_id": "517961", "title": "", "text": "\"To understand the Twist, you need to understand what the Yield Curve is.  You must also understand that the price of debt is inverse to the interest rate. So when the price of bonds (or notes or bills) rises, that means the current price goes up, and the yield to maturity has gone down.  Currently (Early 2012) the short term rate is low, close to zero. The tools the fed uses, setting short term rates for one, is exhausted, as their current target is basically zero for this debt. But, my mortgage is based on 10yr rates, not 1 yr, or 30 day money. The next step in the fed's effort is to try to pull longer term rates down. By buying back 10 year notes in this quantity, the fed impacts the yield at that point on the curve. Buying (remember supply/demand) pushes the price up, and for debt, a higher price equates to lower yield. To raise the money to do this, they will sell short term debt. These two transactions effectively try to \"\"twist\"\" the curve to pull long term rates lower and push the economy.\""}
{"_id": "517978", "title": "", "text": "Being from a working class background l found tipping repulsive but I can see benefits after seeing more and eating out with age but one thing still pisses me off: how unfair it is that breakfast and lunch servers get lesser tips while those overpriced dinner places get so much more tips for servers who work even less than the breakfast wait staff."}
{"_id": "517982", "title": "", "text": "No, and that's my point. In the absence of totally cost-ineffective daily urine testing, it's not readily evident whether someone coming into work is high via marijuana, so they could operate machinery while impaired. On the other hand, being drunk has much more consistent physical symptoms and can be discovered before the person operates heavy machinery.  If you're talking about other drugs, like meth and heroin, the way those are handled now are with semi-frequent random drug tests. I work for a refining company and our operators are tested on an irregular basis several times a year."}
{"_id": "517985", "title": "", "text": "&gt; Finally, she found notice from PayPal that a new e-mail address had been successfully added to her account! As far as she can tell, nothing was stolen, and she's changed and increased security for all her passwords. What's really weird is that PayPal looked into it, and reported that the request to add the new address came from (or had been well spoofed to look that way) our ISP, and our address. PayPal could say to within a few seconds when it happened, and it was at a time when all the humans here were asleep. The cats disclaim any interest in the computers  Any hackers out there?  If this was the doings of the insurance company, how would they have done this?"}
{"_id": "517987", "title": "", "text": "##National Housing Act of 1934 The National Housing Act of 1934, Pub.L. 84\u2013345, 48 Stat. 847, enacted June 28, 1934, also called the Capehart Act, was part of the New Deal passed during the Great Depression in order to make housing and home mortgages more affordable. It created the Federal Housing Administration (FHA) and the Federal Savings and Loan Insurance Corporation (FSLIC).  The Act was designed to stop the tide of bank foreclosures on family homes during the Great Depression. Both the FHA and the FSLIC worked to create the backbone of the mortgage and home building industries, until the 1980s.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.2"}
{"_id": "518008", "title": "", "text": "TravelGuysOnline is the largest online hotels and flight booking website in the United Kingdom. We also provide adventure tour and car hire service. If you want to cheap car hire for any destination, then you can search on our website and book your car at the cheapest rent. It is hard to convey the value of reputation and good service. However, with car hire, this comes in the form of quality cars that do not break down, 24/7 service and availability."}
{"_id": "518045", "title": "", "text": "The difference is pretty important here- it's the difference between wage slavery and actual, literal chattel slavery. *Show me* an instance where that difference is minimized without the person doing so ignoring the horrors of people being owned and having their children treated as someone else's property being minimized. Exploiting people is the common root of modern suffering- owning them as we own animals is unthinkable. The world would be a MUCH better place if exploitation were similarly reviled, but we can see from our own instincts that we're at least not as horrified of wage slavery as we are of real, literal slavery."}
{"_id": "518063", "title": "", "text": "It may also be that as the employment numbers don't count people who have left the workforce, full employment isn't really, because people are getting jobs who have been in the large group of uncounted 'not in workforce' people, so there is no upward pressure on wages - exactly as it would be if actual unemployment was much higher than the government claims."}
{"_id": "518079", "title": "", "text": "\"Many years ago, I worked on software that had to print the date, payee, and amounts on pre-printed checks.  Other than the MICR line (which had a particular placement with respect to the bottom edge and required a particular font in a particular point size), most aspects of the check layout and format were up to the particular check provider. Then there was a desire to start using optical character recognition to further automate check handling.  A standard came out, that most checks I see now seem to follow.  The standard dictated the exact dollar sign glyph to be printed to the left of the amount box.  This glyph was used by the OCR to locate the amount.  There were specific tolerances for where you could print/write the amount relative to that dollar sign.  There were also some requirements for the box containing the amount to have some clearance from the noisy backgrounds pre-printed on many checks.  But what font you used inside the amount box was, as far as I could tell, unspecified.  After all, customers could always hand-write the amount. Interestingly, the part of the check where you spell out the amount is known as the \"\"legal amount.\"\"  If the amount in numerals and the amount in words don't match, the spelled version takes precedence, legally.  (The theory being that it's easier to doctor the numerals to change the apparent value of the check than it is to change the words.)  I always found it ironic that the layout standard to enable OCR standard was focused on reading the numerals rather than the legal amount.  OCR has come a long way since then, so I wouldn't be surprised if, nowadays, both amounts are read, even on hand-written checks. A little search shows that current (voluntary) standards are put out by the ANSI X9 group.\""}
{"_id": "518088", "title": "", "text": "Since the 2 existing answers addressed the question as asked. Let me offer a warning. You have 10,000 options at $1. You've worked four years and the options are vested. The stock is worth $101 when you get a job offer (at another company) which you accept. So you put up $10k and buy the shares. At this moment, you put up $10K for stock worth $1.01M, a $1M profit and ordinary income.  You got out of the company just in time. For whatever reason, the stock drops to $21 and at tax time you realize the $1M gain was ordinary income, but now the $800k loss is a capital loss, limited to $3000/yr above capital gains. In other words you have $210k worth of stock but a tax bill on $1M.  This is not a contrived story, but a common one from the dotcon bubble. It's a warning that 'buy and hold' has the potential to blow up in your face, even if the shares you buy retain some value."}
{"_id": "518089", "title": "", "text": "You don't pay any interest until a few weeks after you receive your statement, when the payment is due. Simply set up a direct debit with Halifax for the statement balance and they will take the correct amount (whatever you spent that month) from your bank account on the payment due date. Problem solved!"}
{"_id": "518122", "title": "", "text": "This will not happen anytime soon. Majority of businesses no matter how advanced automatization is will not be able to replace workforce. Automatization is ideal for major firms and big players who can cut costs and make more profit. For majority of population automatization is not a good thing. It's the best thing for those who can use this as a means to earn more profit. It will create even more inequality. Basic income will not be able to fix this problem because people will then become liability."}
{"_id": "518129", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.mercatus.org/publications/build-nafta-further-integrate-north-american-market) reduced by 92%. (I'm a bot) ***** &gt; Since NAFTA&amp;#039;s passage, America&amp;#039;s two-way trade with Canada and Mexico has more than tripled, with trilateral trade flows within NAFTA topping $1 trillion in 2011.  &gt; Prior to NAFTA, Mexico imposed a 20 percent duty on US automobile exports compared to the 2.5 percent duty imposed on Mexican automobiles imported to the United States.  &gt; NAFTA is a major reason why, despite other challenges, the three major North American economies have generally outperformed those of the European Union and Japan in the past two decades.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hq364/build_on_nafta_to_further_integrate_the_north/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146187 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **NAFTA**^#1 **Mexico**^#2 **States**^#3 **United**^#4 **Trade**^#5\""}
{"_id": "518132", "title": "", "text": "\"A living wage =/= \"\"giving them everything\"\"    I really don't think anyone disagrees with you that entry level positions result in lower wages than more advanced/skilled positions. I think the notion of this thread is more \"\"pay people enough to eat, have a roof over their head, and be able to afford transportation.\"\" That's what I mean by livable wage.\""}
{"_id": "518142", "title": "", "text": "If you aim to help the middle class (business) change the fact a middle class business pays 39.9% and a Fortune 500 pays 35%. Or supposed to pay that is. What waste is going to be found that adds up to the loss of hundreds of billions? You might as well say none when it comes down to it. Taxing apple 90% after 10 billion profit would help the economy. It would either force them to pay 40b extra in wages or give it to the government so they can hire people."}
{"_id": "518181", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.technologyreview.com/s/608707/the-myth-of-the-skills-gap/) reduced by 95%. (I'm a bot) ***** &gt; The basic strategy is to ask: what skills do employers demand, and do the employers that demand high skill levels have trouble hiring workers?  &gt; The data imply that we should be careful about calling for more technical skills without specifying which skills we are talking about.  &gt; Proponents of the skill-gap theory sometimes assert that the problem, if not a lack of STEM skills, is actually the result of a poor attitude or inadequate soft skills among younger workers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wpqgl/the_myth_of_the_skills_gap_all_the_dirt_youve/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~200316 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **skill**^#1 **work**^#2 **more**^#3 **hire**^#4 **demand**^#5\""}
{"_id": "518183", "title": "", "text": "Its $5000 to add a feature that no car in that price range has. If it was $5000 to add something like AC that most cars include standard, that would be one thing. Charging $5000 for something only ultra luxury models offer is another."}
{"_id": "518184", "title": "", "text": "\"So perhaps what people mean when they say \"\"bankrupt\"\" is that, if the government were any other group of citizens, it would be bankrupt.  Otherwise, we are left with the definition that the government can never be \"\"x\"\" if it says it isn't, which is a strange way to qualify a corporate body's acts.\""}
{"_id": "518194", "title": "", "text": "Since we are talking about retirement accounts, I wouldn't worry too much about what your income will be in the next 10 years or so. I'd recommend basing your contributions primarily on what your likely income/tax bracket at or near retirement age will be compared to 25% today. I don't think that optimizing for the next three years will make a significant difference, given the uncertainty of the tax code as well as your income in the future. However, it may make a difference to your planning whether you are going to grad school for an M.D. compared to an MSW, however, as to what your expected income/tax bracket will be."}
{"_id": "518200", "title": "", "text": "Hmm, others are hating on the article, but from my experience, there is truth there. Every single tiny company that's trying to hire you as a young coder will dangle the possibility of a massive upside later on - the founder/CEO believes that success is just around the corner, and a good one has the ability to charm everyone else into believing it, too. Alas, this is not a guarantee of success.  So I think if you're in that position - young coder trying to pick a job, or decide whether to stick with one - the advice is this: if you're not sure whether you know what you're doing, you probably don't, in which case look at the base odds (1 in 100 startups succeed, the rest crater) and act accordingly. If you *are* sure you know what you're doing, then more power to you."}
{"_id": "518205", "title": "", "text": "Seconding u/AgentScreech, I would suggest to do some serious research and putting together a business plan before engaging in a venture like this. A bowling alley is not exactly an agile business, there are plenty of fixed costs.    You have to know exactly why the place is closing, and figure out a way to reverse the situation.         In addition to leverage you local community, you can also try to diversify the business model. Find new streams of income from products/services, change the place to engage new potential clients, etc."}
{"_id": "518213", "title": "", "text": "Having an interview next week with a few companies, one of which is a bank as a financial analyst. Now the main job description is on detailed financial analyst, audit firm experience, 3 yr exp and review of customer/segment. Was it investment banking? Interview wise what I need to prepare for? I have prepared my project experiences and examples relevant to what they are finding for in power point. What else should I be prepared for?"}
{"_id": "518214", "title": "", "text": "We have custom software written in mostly C# for the long term strategies. Day trading is done on multiple platforms. Currently using ToS scripts for some futures and equities strategies to great success, and sierra charts for a few futures exclusively. I just moved into a position to work with day trading so I'm still learning more about the systems he uses"}
{"_id": "518217", "title": "", "text": "How is this not criminal? How is it possible that all the chief executive faces is a lost bonus?   You see poor people going to jail for stealing a trivial sum of money, yet these guys have done something hugely fraudulent on an international scale and are able to keep their jobs and their freedom.  How can this ever be fair or just?"}
{"_id": "518235", "title": "", "text": "\"##Adidas: Early years and rivalry with Puma Puma SE and Adidas entered into a fierce and bitter business rivalry after the split. Indeed, the town of Herzogenaurach was divided on the issue, leading to the nickname \"\"the town of bent necks\"\"\u2014people looked down to see which shoes strangers wore. Even the town's two football clubs were divided: ASV Herzogenaurach club was supported by Adidas, while 1 FC Herzogenaurach endorsed Rudolf's footwear. When handymen were called to Rudolf's home, they would deliberately wear Adidas shoes. Rudolf would tell them to go to the basement and pick out a pair of free Pumas.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.2\""}
{"_id": "518242", "title": "", "text": "\"There are two kinds of engagements in an IPO. The traditional kind where the Banks assume the risks of unsold shares. Money coming out of their pockets to hold shares no one wants. That is the main risk. No one buying the stock that the bank is holding.  Secondly, there is a \"\"best efforts\"\" engagement. This means that bank will put forth its best effort to sell the shares, but will not be on the hook if any don't sell. This is used for small cap / risky companies.  Source: Author/investment banker\""}
{"_id": "518251", "title": "", "text": "\"How physically fit &amp; what age are your coworkers? How does it affect how much you like the workplace environment?   I'm 24 and not even \"\"athletic\"\" in build. A lot of the traders on my floor are ~50, have families, and are frankly fat, if not obese. They're great people, but the thought of looking like them one day is a profound turnoff.\""}
{"_id": "518266", "title": "", "text": "FASFA financial aid formulas determine 'expected family contribution'.  For example my alma mater now has a 'list price of over $65k/year.  The average student today actually pays $42k/year after grants.  Students with rich parents pay more than that.  Students with poor parents pay less than that.  Lets say list prices for my kids colleges average $110k/year while they are in school.  If we 'only' make $200k then based on our income alone, EFC would start in the low $50ks per year.  If we have $1M saved in taxable accounts, 529s, rental properties, etc, then we also have to pay 5.64% of the value of those every year for the eight years my kids will be attending - an *extra* $56.4k/year every year for 8 years.  If that $1M is in assets that don't count such as retirement accounts and equity in primary residence, then it doesn't increase the price my kids are billed.  That's a pretty big incentive to put everything I can in home equity, Roth IRA, Spousal Roth IRA, traditional 401k, after-tax 401k, and HSA.  If I could afford to save more I'd switch from traditional to Roth 401k and pre-pay retirement taxes at a higher marginal rate rather than have the savings on the side subjected to the college wealth/income taxes which are effectively a much higher difference between the 25% (now) and 15% (later) federal tax brackets.  Profile and consensus formulas have slightly different percentages and count some home equity if you have an expensive house, but the general idea is the same."}
{"_id": "518273", "title": "", "text": "\"If you dig deeper and look at the original study, what's being measured is \"\"retirement-plan participation\"\": specifically, money in 401(k) plans and IRAs.  This omits every other possible source of retirement money: things such as general savings, non-retirement investments, property ownership, pensions, etc. As an extreme example, I know someone who's retired with property worth a million dollars, another million dollars in stock, a pension providing thousands of dollars a month plus health insurance, and not one penny of what the study would consider \"\"retirement savings\"\". Yes, the average American family is under-prepared for retirement.  But it's nowhere near as bad as the article makes it sound.\""}
{"_id": "518292", "title": "", "text": "Houston water damage  --Triton Renovation has been the authority on Conroe water damage for over a decade. With their team of experts, they have the ability to handle any renovation or repair you would need whether it be commercial or residential."}
{"_id": "518303", "title": "", "text": "\"It's mine, dude. And it has resonated.  You know what I'm angry about? Watching smart people I know -- friends, even -- be duped and fucked over by their VCs. I have personally known quite a few \"\"famous\"\" startup founders and watched them get dicked around and have their companies destroyed. They don't blog about it. Why? They're scared. Or they're under NDA.   Obviously my blog post seemed totally worth reading to the nearly 500 people who tweeted it (and founders who reached out to me privately), so let's just say that a few angry redditors won't exactly keep me up at night.   This is what resonance looks like: http://twitter.com/#!/search?q=http%3A%2F%2Funicornfree.com%2F2011%2Ffuck-glory-startups-are-one-long-con%2F\""}
{"_id": "518306", "title": "", "text": "With the current models, yes.  With the upcoming low-cost Tesla it would be a real boon to people who drive constantly, especially for taxis, transplant delivery companies, city-to-city messenger services, etc.  Tesla needs to be very careful and perhaps exclude commercial vehicles/commercial use or they may wind up paying for repairs for a lot of taxicabs."}
{"_id": "518308", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bbc.com/capital/story/20171013-the-surprising-damage-smart-workers-can-cause) reduced by 89%. (I'm a bot) ***** &gt; Overqualified workers can develop negative attitudes, such as a sense of entitlement about their skills or resentment through boredom, that can ripple out to every cubicle in an office, warns Berrin Erdogan, a professor of management at Portland State University.  &gt; A study conducted earlier this year by researchers at the Florida Atlantic University showed that younger workers tended to be those who believe they are more talented than the position they have and often felt frustrated and disillusioned at work.  &gt; A recent study by Erdogan and Hong Deng, an associate professor at Durham University&amp;#039;s Business School, identified certain personality traits among overqualified workers that are crucial to help them fit cohesively into any workplace.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/778f41/the_suprising_damage_smart_workers_can_cause_if/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~230722 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **overqualified**^#1 **work**^#2 **employee**^#3 **job**^#4 **lead**^#5\""}
{"_id": "518310", "title": "", "text": "Long term gains are taxed at 15% maximum.  Losses, up to the $3K/yr you cited, can offset ordinary income, so 25% or higher, depending on your income. Better to take the loss that way. With my usual disclaimer: Do not let the tax tail wag the investing dog."}
{"_id": "518322", "title": "", "text": "Have you ever used a proper e-reader (not an iPad)?. The screens are generally e-ink, which pretty much just looks like paper behind a matte screen. There's no backlight, no eyestrain, and you quickly forget you're not reading a real book. It honestly just looks and feels like reading a real book.   The Kindle lets you 'lend' ebooks to a friends account. I'm not sure about other ereaders, but in either case it's absolutely trivial to strip the DRM and loan a friend a book anyway. Reselling is obviously still an issue that many feel strongly about, and I'm not sure this will change.  Because of the passive screen, I can get through several novels (over a couple of weeks) before needing to plug my kindle into the charger for a whopping 30 minutes to fill it back up. Unlike a smartphone there's no battery anxiety, because it lasts so long.   That said, I completely understand wanting the tactile book reading experience and having a bookshelf of books. It's not for everybody, but if you're an avid reader and you haven't used an ereader before I'd recommend at least trying one out in a store."}
{"_id": "518340", "title": "", "text": "\"It seems like this was a \"\"stock for stock\"\" transaction. That is, your company was acquired, not for cash, but for the stock of Company X in a deal that your company's board of directors \"\"signed off\"\" on.  Your company no longer exists, and that's why your stock was cancelled. The acquirer will be sending you an equivalent amount of stock in their Company, X. You don't need to worry about taxes, only accounting, because this is a \"\"non-cash\"\" transaction. What this means that your cost basis in the stock of Company X will be what you paid for the original company's stock (not its value on the day of the merger, which may be higher or lower than what you paid).\""}
{"_id": "518345", "title": "", "text": "It's a power of stereotypes. Software industry is among top priorities of Belarusian economic development and the share of this sector in the national export makes up to 3%. The universities are offering excellent opportunities for those students interested in IT and Belarus has some projects that are recognized worldwide: Viber, World of Tanks, MSQRD and MAP.ME."}
{"_id": "518346", "title": "", "text": "Lol you moron. Chip and pin significantly reduced physical retailer fraud when we introduced it in Europe (a decade ago? 15 years?) - a signature is absurdly easy to fake and retailers have little to no way of protecting against it."}
{"_id": "518358", "title": "", "text": "Advans Industry Company Limited is a very trustworthy company that engaged in offering the long lasting Pvc mesh tarp. If you want to know about our fabrics and Vinyl woven placemat then you can browse our website and can have a look at our collection."}
{"_id": "518378", "title": "", "text": "At MyBusinessOnlinePortal.com, Andrew Barnes sets out in a short and succinct introduction his no-nonsense ethos for professional, ethical home business. Followed by a sentence or two on his select choice of top opportunities, the page is framed with all his networking and contact info. His tagline is - Ready to share 8+ years experience to help all succeed. you would do much worse than to take him up on his offer."}
{"_id": "518379", "title": "", "text": "I would check to see what the fee schedule is on your previous employer's 401k. Depending on how it was setup, the quarterly/annual maintenance fee may be lower/higher than your current employer. Another reason to rollover/not-rollover is that selection of funds available is better than the other plan. And of course always consider rolling over your old plan into a standard custodial rollover IRA where the management company gives you a selection of investment options. At least look at the fees and expense ratios of your prior employer's plan and see if anything reaches a threshold of what you consider actionable and worth your time. Note: removed reference to self directed IRA as vehicle is more complicated account type allowing for more than just stocks, bonds, and mutual funds. Not for your typical retail investor."}
{"_id": "518387", "title": "", "text": "To answer your question, plugins aren't cross-platform, so if you need Bloomberg or other third-party vendor data feeds, you're probably out of luck.  Now, for the rant:  Hot keys, hot keys, hot keys. Using Excel on a Mac is like working with your fingers glued together if you use Windows Excel all day at work.  I have a windows laptop at home just for Bloomberg + Excel. If you make money using Excel, you need to consider at least getting VMWare Fusion or Parallels and running windows on your Mac.  Once you are decent in Excel, you'll hate the lack of page up/down and home/end keys on your Mac, as I do with mine. The Fn+Ctrl+Left/Down/Up/Left just isn't the same."}
{"_id": "518393", "title": "", "text": "Your dividend should show up in one of a few methods: (1) Cash in your trading account (2) A check mailed to you (3) A deposit to a linked bank account (4) As additional new shares in the stock, as the result of a DRIP setup."}
{"_id": "518394", "title": "", "text": "If you're looking for an alternative, HSBC also has an online only savings account that used to be called HSBC Direct, but is now called HSBC Advance. They offer high interest savings (currently 1.1%) with no minimum balance, CDs and give you an ATM card. I've been a satisfied customer for a few years. https://www.us.hsbc.com/1/2/1?code=MIW0000431"}
{"_id": "518402", "title": "", "text": "Yes you should take in the expenses being incurred by the mutual fund. This  lists down the fees charged by the mutual fund and where expenses can be found in the annual statement of the fund. To calculate fees and expenses. As you might expect, fees and expenses vary from fund to fund. A fund with high costs must perform better than a low-cost fund to generate the same returns for you. Even small differences in fees can translate into large differences in returns over time. You don't pay expenses, so the money is taken from the assets of the fund. So you pay it indirectly. If the expenses are huge, that may point to something i.e. fund managers are enjoying at your expense, money is being used somewhere else rather than being paid as dividends. If the expenses are used in the growth of the fund, that is a positive sign. Else you can expect the fund to be downgraded or upgraded by the credit rating agencies, depending on how the credit rating agencies see the expenses of the fund and other factors. Generally comparison should be done with funds invested in the same sectors, same distribution of assets so that you have a homogeneous comparison to make. Else it would be unwise to compare between a fund invested in oil companies and other in computers. Yes the economy is inter twined, but that is not how a comparison should be done."}
{"_id": "518406", "title": "", "text": "Each country would have to go back to its own currency, or the rich countries would just kick the poor ones out of the EU.  It would be bad for the poor countries, and the global economy would suffer, but it really wouldn't be a big deal."}
{"_id": "518408", "title": "", "text": "It's too bad the mods at /r/aviation have such thin skins.   One comment one of them doesn't like and you are toast.  Same thing with /r/cars.  *Reddit* sucks in just a few ways.  Mods are my beef.   Too powerful.  No appeals or challenges mechanism or user representation advocates. You are forced to be your own lawyer which Abe Lincoln said was a fool's game.  Censorship will prevail over free speech.  If you ran a business this way, customers would go to the competition."}
{"_id": "518439", "title": "", "text": "\"Yeah, that's all I could really think while I read this.  \"\"This sucks I'm going to have to actually pay full price to have things delivered overnight.  Why can't the post office keeps sending stuff for less than it costs to ship?\"\"\""}
{"_id": "518448", "title": "", "text": "\"I like how it said at the very end of the article \"\"the SEC declined to comment on if it was going to investigate\"\". Shouldn't the answer be an automatic \"\"yes\"\" since they are the ones tasked with investigating insider trading.   This situation is extremely disheartening and concerning.\""}
{"_id": "518451", "title": "", "text": "Jason I think your doing a great thing.  Based on what your describing I would look further into a 501(c)(3). Chapter 3 from the IRS Publication 557 offers information. This Wikipedia gives a quick understanding of 501(c)(3) and how to apply.  Here is a great article from ehow it has some suggestions for someone who is just starting out. Maybe going through an organization already existing within your community might be a better, perhaps a church or some religious organization."}
{"_id": "518453", "title": "", "text": "Let's base teacher performance off of student value added growth scores!  Surely nothing bad will happen when we create incentivize teachers to make sure that student performance continuously rises.   I mean, Campbell's law is just a load of horseshit, right?  It's not like these policies led to widespread test cheating in Atlanta and Washington, DC, and several other cities.   In all seriousness, look at what happened in Washington, DC.  Student performance was used as the metric by which the district meted out both the carrot and the stick: the $160k paycheck or dismissal.  103 schools out of 200 or so were found to have statistical indicators of cheating, in some schools nearly 100% of tested classrooms were found to have wrong-to-right erasures in statistically aberrant levels.  This wasn't found out until years after these test scores were used to evaluate a whole crop of teachers. Suppose you were the teacher whose children had previously been scored by cheating teachers or administrators.  The model used to evaluate you expects that these children will see test score growth of *x* percent each year. If you don't cheat, you will get fired.  If you do cheat, you become eligible to get a shitton of money.  All that aside, the debate shouldn't even be about using student performance to evaluate teachers.  The debate shouldn't be about who gets laid off.  The debate should be about how we prevent teachers from getting laid off."}
{"_id": "518475", "title": "", "text": "True.  What really triggered it was anti-competetive practices that harmed consumers.  In the current administration and appointments, with their pro-business stances, I don't see anything actually being done about it.      It's also arguable that Wamart no longer has enough retail market share to meet the bar for action, even under other administrations."}
{"_id": "518487", "title": "", "text": "One estimate is to sell today, estimate the taxes, and determine how much cash you need to set aside over the next 12 months. The is no way to calculate what impact dividends and capital gains the funds will have, because unlike interest they aren't guaranteed. The other complexity is that the funds themselves could drop in value. In that case the dividends and capital gains may not even be enough to get you back to even. I use mutual funds to invest over the long term, with the idea of spending the funds over decades. When needing to save for a short term goal, I use banking products. They are guaranteed not to lose value, and the interest changes are slowerand thus easier to predict."}
{"_id": "518500", "title": "", "text": "\"Which just demonstrates even further the fact that entities like the Federal Reserve, and the various Federal government all too often have \"\"unexpected\"\" and detrimental results -- converse to what they are purported to achieve.  Per example the whole \"\"everyone should go to college\"\" meme -- was supposed to:  1. INCREASE people's employability. 2. IMPROVE their financial status. 3. BOOST the overall economy.  Unfortunately (but for many\\*... not all that surprisingly), it has achieve the OPPOSITE in each of those cases.  So of course... the mainstream policy makers insist that what is really needed is... even MORE of the same.  \\*Those who reject the mainstream neo-Keynesian garbage.\""}
{"_id": "518523", "title": "", "text": "\"Yeah, that's pretty much propaganda.  I am of the \"\"fuck Mitt Romney\"\" persuasion, but you're reciting campaign ad \"\"factoids\"\" described by the very factchecker associated with the article under discussion as \"\" misleading, unfair and untrue, from the use of \u201ccorporate raider\u201d to its examples of alleged outsourcing\"\" \"\"on just about every level\"\".\""}
{"_id": "518526", "title": "", "text": "Bill was the founder of Microsoft, so he did indeed have a large number of shares as the company was growing exponentially.  He has previously donated a large share of his fortune to the Bill and Melinda Gates foundation, so his fortune would be even greater were it not for the philanthropy.  He is still a large holder of Microsoft stock at about $12B according to your link, but it wouldn't be wise to hold his entire fortune in one company, so he has diversified.   You can see that his investment portfolio at Cascade includes ~$28B in Televisa and ~$7B in Berkshire Hathaway. http://www.tickerspy.com/pro/Bill-Gates---Cascade-Investment And you can keep track of whether he stays at the top by watching the bloomberg billionaires list. http://www.bloomberg.com/billionaires/"}
{"_id": "518539", "title": "", "text": "\"So, once you own a business, you're 100% excused from treating people like, well, people, because hey, that's business?  You no longer need to have any allegiance or loyalty to your fellow Americans because hey, that's business?  No wonder people on Wall Street have no problem in gambling away million and billions and treating their customers like prey animals instead of people to provide a service to.  Fuck you, I'm a businessman, that justifies me doing anything anywhere for any circumstances, as long as I say, \"\"That's business!\"\"\""}
{"_id": "518552", "title": "", "text": "Shinmaywa submersible pumps Submersible pumps play an important role in making sure water doesn\u2019t pool in a home\u2019s basement or is transported to the proper location throughout a building. Sta-Rite pumps are used in both residential and commercial construction and they have some very important features that make them popular among contractors today."}
{"_id": "518554", "title": "", "text": "We understand that not everyone enjoys viewing advertising. We view advertising on TV (not actually opted in for), on billboards, etc. All I'm mearly doing is correcting your comments that A. It's illegal and B. You have never agreed to such service. If you use Android KitKat 4.4 or above then you can receive these nearby notifications. You can dismiss a single notification or turn the feature off altogether. As a coffee shop owner, I believe this to be mostly useful to customers"}
{"_id": "518562", "title": "", "text": "What is the question? Are you just trying to confirm that for self-employed, a Solo 401(k) is flexible, and a great tool to level out your tax rates? Sure. A W2 employee can turn on and off his 401(k) deduction any time, and bump the holding on each check as high as 75% in some cases. So in a tight stretch, I'd save to the match, but later on, top off the maximum for the year. To the points you listed - Your observation is interesting, but a bit long for what you seem to be asking. Keep in mind, there are 2 great features that you don't mention - a Roth Solo 401(k) flavor which offers even more flexibility for variable income, and loan provisions, up to $50,000 available to borrow from the account. My fellow blogger The Financial Buff offered an article Solo 401k Providers and Their Scope of Services that did a great job addressing this."}
{"_id": "518563", "title": "", "text": "You are making an assumption that may not be true: Unbeknownst to me, some apartment debt I paid had already been sold to a collections agency before I actually paid it. Typically debts are sold to a Debt Buyer, whereas a Collection Agency works on commission to collect debts on behalf of the creditor. If your debt was actually sold, you should have been notified in writing of this fact, and who the new creditor was. I suspect your debt was not sold, because if it was the apartment complex would not have been legally allowed to cash your check when you finally paid them. Therefore, it is most likely that the collection agency was working on commission, and the apartment complex never informed them that you had settled your debt. As for what to do about it, here are 3 options, ordered by likelihood of success: Good luck, and if you don't mind, please update us later on what you did and what the result was. Your experience will be helpful for others having this issue in the future."}
{"_id": "518617", "title": "", "text": "\"I took a chance on a 2015 Volt after swearing off American cars back in the 90's. It's a great car. The reason I took the chance was that the Volt was a project that was supposed to \"\"save GM\"\" back when American auto makers were about to go under a while back. They poured a ton of R&amp;D money into it, and it paid off. I'm very satisfied with mine.\""}
{"_id": "518624", "title": "", "text": "\"The other answer has mentioned \"\"factual resident\"\", and you have raised the existence of a U.S./Canada tax treaty in your comment, and provided a link to a page about determining residency. I'd like to highlight part of the first link: You are a factual resident of Canada for tax purposes if you keep   significant residential ties in Canada while living or travelling   outside the country. The term factual resident means that, although you left Canada, you   are still considered to be a resident of Canada for income tax   purposes. Notes If you have established ties in a country that Canada has a tax treaty   with and you are considered to be a resident of that country, but you   are otherwise a factual resident of Canada, meaning you maintain   significant residential ties with Canada, you may be considered a   deemed non-resident of Canada for tax purposes. [...] I'll emphasize that \"\"considered to be a resident of Canada for income tax purposes\"\" means you do need to file Canadian income tax returns. The Notes section does indicate the potential treaty exemption that you mentioned, but it is only a potential exemption. Note the emphasis (theirs, not mine) on the word \"\"may\"\" in the last paragraph above. Please don't assume \"\"may\"\" is necessarily favorable with respect to your situation. The other side of the \"\"may\"\" coin is \"\"may not\"\". The Determining your residency status page you mentioned in your comment says this: If you want the Canada Revenue Agency's opinion on your residency   status, complete either Form NR74, Determination of Residency Status   (Entering Canada) or Form NR73, Determination of Residency Status   (Leaving Canada), whichever applies, and send it to the International   and Ottawa Tax Services Office. To get the most accurate opinion,   provide as many details as possible on your form. So, given your ties to Canada, I would suggest that until and unless you have obtained an opinion from the Canada Revenue Agency on your tax status, you would be making a potentially unsafe assumption if you yourself elect not to file your Canadian income tax returns based on your own determination. You could end up liable for penalties and interest if you don't file while you are outside of Canada. Tax residency in Canada is not a simple topic. For instances, let's have a look at S5-F1-C1, Determining an Individual\u2019s Residence Status. It's a long page, but here's one interesting piece:  1.44 The Courts have stated that holders of a United States Permanent Residence Card (otherwise referred to as a Green Card) are   considered to be resident in the United States for purposes of   paragraph 1 of the Residence article of the Canada-U.S. Tax   Convention. For further information, see the Federal Court of Appeal's   comments in Allchin v R, 2004 FCA 206, 2004 DTC 6468.   [...] ... whereas you are in the U.S. on a TN visa, intended to be temporary. So you wouldn't be exempt just on the basis of your visa and the existence of the treaty. The CRA would look at other circumstances. Consider the \"\"Centre of vital interests test\"\": Centre of vital interests test [...] \u201cIf the individual has a permanent home in both Contracting States, it   is necessary to look at the facts in order to ascertain with which of   the two States his personal and economic relations are closer. Thus,   regard will be had to his family and social relations, his   occupations, his political, cultural or other activities, his place of   business, the place from which he administers his property, etc. The   circumstances must be examined as a whole, but it is nevertheless   obvious that considerations based on the personal acts of the   individual must receive special attention. If a person who has a home   in one State sets up a second in the other State while retaining the   first, the fact that he retains the first in the environment where he   has always lived, where he has worked, and where he has his family and   possessions, can, together with other elements, go to demonstrate that   he has retained his centre of vital interests in the first State.\u201d [emphasis on last sentence is mine] Anyway, I'm acquainted with somebody who left Canada for a few years to work abroad. They assumed that living in the other country for that length of time (>2 years) meant they were non-resident here and so did not have to file. Unfortunately, upon returning to Canada, the CRA deemed them to have been resident all that time based on significant ties maintained, and they subsequently owed many thousands of dollars in back taxes, penalties, and interest. If it were me in a similar situation, I would err on the side of caution and continue to file Canadian income taxes until I got a determination I could count on from the people that make the rules.\""}
{"_id": "518664", "title": "", "text": "The big question is whether you will be flexible about when you'll get that house. The overall best investment (in terms of yielding a good risk/return ratio and requiring little effort) is a broad index fund (mutual or ETF), especially if you're contributing continuously and thereby take advantage of cost averaging. But the downside is that you have some volatility: during an economic downturn, your investment may be worth only half of what it's worth when the economy is booming. And of course it's very bad to have that happening just when you want to get your house. Then again, chances are that house prices will also go down in such times. If you want to avoid ever having to see the value of your investment go down, then you're pretty much stuck with things like your high-interest savings account (which sounds like a very good fit for your requirements."}
{"_id": "518675", "title": "", "text": "Who has the throwaway? Does reddit take everything so serious that a throwaway is needed anytime something doesn't go along 100% with popular opinion? Shit, I wasn't even challenging that it's lower.  &gt; The statistics may be rock solid,  Sure, just as any possible hypothesis I could come up, no? John Smith *might* have been right, and the smell coming from my kitchen *might* be the old tuna (I think it's the bananas, though).   Frailties may have been poor wording, but bear with me, it was a sarcastic comment on reddit - the amount of time I spent thinking about word choice was shorter than the amount of time I spent thinking about whether I wanted another cup of coffee (I did, I always do.)  Listen, the whole point of my comment was to be a sarcastic point out that Redditors (read: humans) shouldn't just take things for face value, just because it agrees with what you think. You should still always be diggin'.  It might be 40%, or might be 90%.   Although, personally, I like to be conservative with estimates, so I would have worded this entire title differently, or used 25% with this title, not 40%.  The article clearly says:  &gt; 40% admitted they are generally *wary*  Sure, I'm wary that my second cup of coffee will give me the runs - but it doesn't hold me back.  And   &gt; A quarter said they would rather hire a man to get around issues of maternity leave  So, 25% *might* avoid hiring them, not 40%. I thought 40% seemed a bit high... didn't think that many would put THAT much stock in that one 'metric' of potential hires."}
{"_id": "518681", "title": "", "text": "I know this question has a lot of answers already, but I feel the answers are phrased either strongly against, or mildly for, co-signing. What it amounts down to is that this is a personal choice. You cannot receive reliable information as to whether or not co-signing this loan is a good move due to lack of information. The person involved is going to know the person they would be co-signing for, and the people on this site will only have their own personal preferences of experiences to draw from. You know if they are reliable, if they will be able to pay off the loan without need for the banks to come after you.  This site can offer general theories, but I think it should be kept in mind that this is wholly a personal decision for the person involved, and them alone to make based on the facts that they know and we do not."}
{"_id": "518682", "title": "", "text": "A factor I've not heard anyone mention is the much cheaper airfare than existed in AC's heyday. There's no reason to go to AC when you can get a round-trip flight to Vegas for a couple hundred bucks. If you just want to gamble there are plenty of other options now as well."}
{"_id": "518696", "title": "", "text": "I do know the business connection, but this article seems more political than business oriented. I'm just sick of the cesspool of anti-trump stuff on reddit leaking out of the typical subs.  Everything policy wise can have an affect on the business climate, but that doesn't mean it's necessarily a business topic."}
{"_id": "518700", "title": "", "text": "Lol, thanks for that.  All you are saying is that electric motors struggle at an arbitrary high speed.  All motors struggle at high speeds.  Just stating that electric motors aren't suited for speeds &gt; 100 MPH  isn't convincing.  I think it's more of a trade-off between transmission design and top speed / acceleration.  You can get an electric car with top speed of 125 mph and world-class acceleration.  This car would blow a Camaro away."}
{"_id": "518707", "title": "", "text": "Yes, depending on the timing.  You generally can make a tax-free withdrawal of contributions if you do it before the due date for filing your tax return for the year in which you made them. This means that even if you are under age 59\u00bd, the 10% additional tax may not apply. These distributions are explained in Pub. 590-A.  I believe any growth is subject to the 10% penalty: The 10% additional tax on distributions made before you    reach age 59\u00bd does not apply to these tax-free withdrawals of your contributions. However, the distribution of interest or other income must be reported on Form 5329 and, unless the distribution qualifies as an exception to the age 59\u00bd rule, it will be subject to this tax."}
{"_id": "518708", "title": "", "text": "Without government intervention there's always people willing to buy to lower standards.  I'm not saying that we shouldn't have government intervention but airliners have some of the biggest government intervention so I don't think it is an example of a natural monopoly."}
{"_id": "518710", "title": "", "text": "\"This is most likely protecting Square's relationship with Visa/Mastercard/AMEX/etc. Credit card companies typically charge their customers a much higher interest rate with no grace period on cash advances (withdrawals made from an ATM using a credit card). If you use Square to generate something that looks like a \"\"merchandise transaction\"\" but instead just hand over a wad of banknotes, you're forcing the credit card company to apply their cheaper \"\"purchases\"\" interest rate on the transaction, plus award any applicable cashback offers\u2020, etc. Square would absolutely profit off of this, but since it would result in less revenue for the partner credit card companies, that would quickly sour the relationship and could even result in them terminating their agreements with Square altogether. \u2020 This is the kind of activity they are trying to prevent:  1. Bill yourself $5,000 for \"\"merchandise\"\", but instead give yourself cash.  2. Earn 1.5% cashback ($75).  3. Use $4,925 of the cash and a $75 statement credit to pay your credit card statement.  4. Pocket the difference.  5. Repeat. Note, the fees involved probably negate any potential gain shown in this example, but I'm sure with enough creative thinking someone would figure out a way to game the system if it wasn't expressly forbidden in the terms of service\""}
{"_id": "518712", "title": "", "text": "I too live in Europe.   being that you live in Europe you must also be aware of the vastly more generous labor laws than in the US. yet you would have the audacity insinuate that such laws are causing such social and economic upheaval.   You should ALWAYS care about the well being of your employees. when you need them to perform the job well, they will certainly remember that time you fucked them over when their kid broke their leg. or their mental health declined as you refused to give time off for bereavement. all of those things impact how said role is performed. if you cannot manage the fact that other people have personal lives you have no business as a manager.  and i know this might come as a shock. but bear with me. when people are paid more....they can afford to by more things. that drives.....the economy (unless your sole target demographic are the wealthy.). how anyone could be so short sighted to do otherwise is simply beyond reason.  ^ see a few examples of risks listed above. overworked employees fuck up more. thats a risk. disgruntled employees are a risk. underpaid workers are a risk. strong labor laws ensure employers don't become unruly, greedy slapdicks."}
{"_id": "518721", "title": "", "text": "\"Unless you are buying a significant value of your goods in USD then the relative strength of USD versus your local currency will have little to no effect on what the value of your investments is worth to you. In fact only (de|in)flation will effect your purchasing power. If your investments are in your local currency and your future expenses (usage of the returns on the investments) will be in your local currency FX has no effect. To answer your question, however, since all investments involve flows of money there can be no investment (other than perhaps gold which is really a form of currency) that isn't bound to at least one currency. In general investments are expected to be valued against the investor's home currency (I tend to call it \"\"fund currency\"\" as I work with hedge funds) as the return on the investment will be paid out in the fund currency and returns will be compared on the same basis. If investments are to be made internationally then it is necessary to reduce, or \"\"hedge\"\" the exchange rate risk. This is normally done using FX swaps or futures that allow an exchange rate in the future to be locked in today. Far from being unbound from FX moves these derivatives are closely bound to any moves but crucially are bound in the opposite direction to the hoped for FX move. an example of this would be if I'm investing 100GBP (my local currency) in a US company XYZ corp which I expect to do well. Suppose I get 200USD for my 100GBP and so buy 1 * 200USD shares in XYZ. No matter what happens to XYZ stock any move in GBP/USD will affect my P&L so I buy a future that allows me to exchange 200USD for 100GBP in 6 month's time. If GBP rises I can sell the future and make money on both the higher exchange rate and the increase in XYZ corp. If GBP falls I can keep the future until maturity and exchange the 200USD from XYZ corp for 100GBP so I only take the foreign exchange hit on any profits. If I expect my profits to be 10USD I can even buy futures such that I can lock in the exchange rate for 110USD in 6 months so that I will lose even less of my profit from the exchange rate move.\""}
{"_id": "518724", "title": "", "text": "\"Tariq Terrorist: \"\"Hmm, should I attach an Airbnb rental or a major landmark hotel? You know what, I'll go blow up some appartment in the 'burbs\"\"   There are several reasons I'm not an airbnb customer, preferring places with a 24/7 front desk for checkin and checkout and a more consistent experience between rooms, but terrorism isn't really a factor here.\""}
{"_id": "518735", "title": "", "text": "There is little difference between buying shares in your broker's index fund and shares of their corresponding ETF.  In many cases the money invested in an ETF gets essentially stuffed right into the index fund (I believe Vanguard does this, for example).  In either case you will be paying a little bit of tax.  In the ETF case it will be on the dividends that are paid out.  In the index fund case it will additionally be on the capital gains that have been realized within the fund, which are very few for an index fund.  Not a ton in either case.  The more important tax consideration is between purchase and sale, which is the same in either case. I'd say stick it wherever the lowest fees are."}
{"_id": "518740", "title": "", "text": "Your hard and compelling preparing must be related with the correct amount of games sustenance important protein. This will help you in expanding your wellness capacity and in the process acquire more power, quality, and stamina as you prepare. You have the right stuff and are legitimately spurred so you are into games and need steady training. To have the training, you require Sports Nutrition and Workout Support. This will help in arranging you for your next exercise, the more will be your requirement for a holding framework, similar to sports sustenance items, for example, essential protein."}
{"_id": "518754", "title": "", "text": "&gt; I'd have to leave my second income producing job to take the plunge for the second business.   &gt; The business itself is already sustaining itself with no management.   Why would you need to give up your guaranteed paycheck? Let it run for awhile, as is, until you are assured of its continued viability, then consider making the move. Do not forget to allow for provisioning of the the benefits that you will be giving up."}
{"_id": "518768", "title": "", "text": "So I don't like zoning laws and I think they're both archaic and stupid. I'm just going to build my house wherever the fuck I want because that's my opinion. If you criticize me for doing that, I'm going to say that I had an obligation to because regulation was bad so following it would be irresponsible.   This isn't the civil rights movement we're talking about. They're unregulated taxis that intentionally and maliciously skirted regulation until they had enough customers to apply pressure to regulations. That's it."}
{"_id": "518771", "title": "", "text": "A trusted name Clipping path BD (CPBD) is a clipping path service provider but a different name amongst all the competitors because of it\u2019s creativity. CPBD thinks and analyzes those issues which are out of thinking for other competitors but very essential for clients to touch their expectations. Our attempt is only to make customers satisfied truly serving the pretty quality."}
{"_id": "518784", "title": "", "text": "Putting aside whether that characterization is reasonable, it doesn't follow from what Speckles said. He is suggesting that PayPal shutting people out of its own service would make alternatives to that service *more* of a fringe thing. I don't see how."}
{"_id": "518794", "title": "", "text": "Choosing between an emergency fund and investing aside, there is no reason to use a systematic investment plan when you have a lump sum ready to invest. Here are the three possible futures, and the effects on each strategy: Obviously if you are investing in the market you expect it to go up over time, so using an SIP will work against you in that case.  If the market does go down you'd be better off, but historically the market has gone up more than it's gone down, so there's no practical reason to keep money in your pockets  You can always rebalance, change investments, do whatever after you've invested, so at worst you may have some transaction fees, but that shouldn't be a huge issue."}
{"_id": "518805", "title": "", "text": "Back when they started, Discover undercut Visa and Amex fees by about a point. This was also true when I worked for a mail-order computer retailer in the '90s: if a customer asked us which credit cards we took, we were told to list Discover first (and AmEx last) because Discover had the lowest merchant charges. Possibly this is no longer true today, but for quite a while it was a significant selling point of the Discover card to merchants, and a reason why many did sign on. (A reason some stores did not sign on was that Discover was owned by Sears, and many businesses that competed with Sears didn't like the idea of sending any of their profits to the competition.) Today, Discover also owns Diners Club and the fees for those cards are higher."}
{"_id": "518818", "title": "", "text": "It doesn't matter what industry. 25% *is* high growth. Especially for a company of that size. Their Debt/Equity was flat from '14 to '15, decreased in '16, and has decreased again LTM. And they aren't issuing equity, so how are they financing themselves?  Their inventory turnover has been greater than 8x since 2012 because a lot of their sales aren't actually held as inventory. So with AWS as the huge growth engine, along with Amazon Prime, and a significant portion of sales not tied to inventory, I'm not sure why you think the key driver of this equity will be inventory turns. That's just such a value play and frankly, I think, not that relevant to Amazon's future growth potential.  Almost all high growth equities are valued on a FY1 P/E ratio. That ratio is comped out on other metrics like same store sales (retail), average monthly users (social media), etc. and some sense of how those metrics convert to future earnings.  I personally think this method makes sense. Due to the compounding nature of growth rates and the high variability you are never going to get seriously comfortable with you future earnings projections. You basically say what are earnings going to be for the next 12 months and then express growth potential beyond that, the quality of NTM earnings and your uncertainty by adjusting the P/E."}
{"_id": "518828", "title": "", "text": "The problem is not just the minimum wage. It's that the minimum wage is not enough to live on, and yet it's simultaneously extremely difficult to earn more than minimum wage if you're trapped in the cycle of earning minimum wage and spending all your money and free time keeping your head above water."}
{"_id": "518829", "title": "", "text": "\"Disclaimer: I work in trading as an analyst for a hedge fund, not ibanking. Take everything with a grain of salt.   &gt;Pretty much, I'm a student at UCSB who has recently become interested in pursuing I-Banking.  Why?   &gt;As it looks, I currently don't have an internship lined up for this summer  Get something. Or do something interesting like surf the barrier reef for the summer. I was working with the principals recently on hiring (i.e. had to screen resumes / do the first round interviews) for an entry-level position and recent grads without any experience were an automatic no. People with interesting experience (or cool thesis) sometimes got an interview if only because it's interesting and novel. Other places may disagree or have different philosophies but I can't imagine this is totally dissimilar.  &gt;If I can't find an analyst position in the next few weeks, I plan on working my ass off over summer reading and researching what it means to be an I-Banker.   Idk, there's really not that much to it. \"\"Can you use Excel extremely well\"\"; \"\"do you function well with little sleep\"\"; \"\"do you understand basic financial modeling\"\". An ibanking analyst at a money center bank isn't doing hugely sophisticated things.   &gt;I'm aware that none of these schools are target schools, but I have heard good things about west coast banking at USC and east coast/south for vandy.  Reasonable. Either one will would probably allow you to get your foot in the door.   &gt;I love UCSB, I love the people, the atmosphere, my fraternity, and the weather.  Why leave? I don't see the upside to doing so.   &gt;However, I'm getting to a point in my life where the decisions I make are becoming much more important, and I am willing to sacrifice what I have developed at UCSB for more opportunities to break into Ibanking/PE/hedge funds   Why? What's the reason? Money? There's nothing wrong with wanting money, however please understand your motivation for wanting to go into ibanking and make sure it'll make you happy.   I work in the hedge fund world (analyst). It's interesting and I personally enjoy it a great deal. That said the majority of the traders I know are constantly talking about quitting and doing something meaningful with life.  Do what you *enjoy* and if that happens to be finance, go for it. Your biggest challenge in ibanking is getting in the room. I think networking helps for that, I imagine the internet is full of resources on that. And then surviving once you do - that part always seems the hardest. There's a lot of ex-ibankers out there.   My girlfriend was an investment banker for a spell. I asked her and she said \"\"do interesting things, get good grades, work hard, and learn Excel\"\". She said that for one of her interviews they pretty much talked about food the whole time and partying in France. So go figure.\""}
{"_id": "518860", "title": "", "text": "One reason that a bond can be significantly less than face value is because people are seeking better investments elsewhere, so for example if a bond doesn't mature for another 10 years, that 20% increase in face value isn't very attractive when compared to say leaving your money in the stock market for 10 years. Another reason could be that the credit-worthiness of the issuer has collapsed and people expect that there is a fairly good chance they are not going to make the payment. This could be what you would see if for example it was a one year time until maturity, but it has a value of 40% of the face value. There is a risk, because they can simply not pay. For example people who bought Greek bonds."}
{"_id": "518861", "title": "", "text": "Augmented Reality in industry.  Stuff like hard hats with a HUD that shows you the BIM model as you work, what's behind that wall before you drill, sensory data like temperature, and so much more.  It's already starting to creep in as BIM replaces CAD."}
{"_id": "518869", "title": "", "text": "This could backfire.  I was a field service engineer for Ford Motor Company in the early 1990s, and they offered an extended unlimited mileage warranty to customers (at an additional cost of just under $1000 per vehicle.)  Several fleet customers bought hundreds of vehicles and began driving them 24/7 - we had several trucks that we chose to buy back from customers that had exceeded 500,000 miles in just a couple of years.  People will take advantage if you give them an opening."}
{"_id": "518875", "title": "", "text": "&gt; The company dismissed free speech concerns. \u201cNot only is there no First Amendment concern, but the notion that we should turn a blind eye to criminal conduct because other countries may take oppressive steps in response is an affront to the very fabric of this nation.\u201d  Other countries? We're concerned about OUR country!"}
{"_id": "518879", "title": "", "text": "Actually, you may even need to contact a professional mould removal service. Should you or a professional monitor discover that you have a mould issue; it is exhorted that you get your concern settled. This is completed by having the mould in your home or business structure removed."}
{"_id": "518896", "title": "", "text": "How does compounding of annual interest work? answers this question. It's not simple compound interest. It's a time value of money calculation similar to mortgage calculations. Only the cash flow is the other way, a 'deposit' instead of 'payment'. When using a finance calculator such as the TI-BA35 (Note, it's no longer manufactured, but you can find secondhand. It was the first electronic device I ever loved. Seriously) you enter PV (present value) FV (future value) Int (the interest rate) nPer (number of periods) PMT (payment).  For a mortgage, there's a PV, but FV = $0. For you, it's reversed. PMT on this model is a positive number, for you it's negative, the amount you deposit. You also need to account for the fact that a mortgage is paid on day 31, but you start deposits on Day 1. See the other answer (I linked at start) for the equations."}
{"_id": "518908", "title": "", "text": "Only on an accounting basis. The moment they start selling, it would plunge. Take a look at all the small float tech IPOs. Big pop, but once the lockup period ends, it drops 50% as insiders sell. In the end, fundamentals will rule. Facebook managed to unload a quarter of the company at the vastly inflated $38, which is very impressive. The other tech IPOs typically sell less than 10%, because selling more would lead to very low share prices. Remember, these guys are not retail investors selling 100 shares. The ticker shows the price of the last block of shares that was traded, but when someone tries to sell a couple million shares, then it will plunge."}
{"_id": "518909", "title": "", "text": "I dislike reading opinion articles because most people have a construed understanding of monetary policy and macroeconomics.  I disagree completely about the Yuan possibly taking over as reserve currency. First of all, some countries use it as a reserve because they deal with china a lot and purchase a lot from china. when you purchase from china you either have to buy with Yuan or US dollar. we obviously print the dollar so we have no issue buying from them in dollar but many countries prefer to use the Yuan because they may have lower dollar reserves or its a higher transaction cost. Secondly, and probably the most important, is that China will be a failed economy/society most likely in the future. 1.5 billion people of many different ethnic groups. extreme inequality will lead to social unrest (already has). China has a lot of shit to take care of. It's quite laughable if anyone thinks the Yuan is a stable currency and can be a good reserve currency.   I posted a link for you to read if you want to understand the monetary system and what the Fed's role is. Here it is again:  http://pragcap.com/understand-the-modern-monetary-system/understanding-modern-monetary-system  read it and tell me what you think."}
{"_id": "518913", "title": "", "text": "If I had to guess, I'd say Whole Foods has platoued profit wise and outside of new stores they don't have any new means to earn money. With more traditional grocery stores selling organic food in greater amount I suspect they were feeling the pressure."}
{"_id": "518932", "title": "", "text": "Edit3: Regarding the usefulness of the bare number itself, it is not useful unless, for example, an employer uses that average in the computation of how many options the employer grants to the employee as part of the compensation paid. One of my employers used just such an average. What is far more common is to use two or more moving averages, of different periods, plotted on a chart.  My original response continues below... Assuming there are 252 trading days a year, the following chart does what you have done but with a moving average: AAPL on Stockcharts.com  Edit: BTW, I looked up the number of Federal holidays, there are 9. The average year has 365.2422 days. 365.2422 \u00d7 5/7 = 260.8873. Subtract 9 and you get 251.8873 trading days in the average year. So 252 is a better number for the SMA than 250 if you want to average a year.  Edit2: Here is the same chart with more than one average included: AAPL chart w/indicators"}
{"_id": "518949", "title": "", "text": "\"What you need will depend on a number of factors that aren't clear from the question. This coverage is simply called \"\"Vacant home insurance\"\", but not all companies are willing to offer this coverage. Unfortunately, in New York, insurers can also legally drop your standard homeowners' coverage if they become aware that your property has become vacant for 30 days or more. The Insurer's Concerns Typically, a \"\"standard\"\" homeowners policy will have an exclusion clause for vacant homes. The insurance company's concern is that without someone in the home, they will be at risk for break-ins, squatters and vandalism. If you've ever seen \"\"Flip Men\"\" on Spike, you'll know this is a serious concern (great show, by the way). They will use a risk model to calculate an estimated risk for the property (this is why a seasonal vacation home in a sparsely-populated area is often less of a concern than a family home in an urban area). If they estimate the risk to be low, some insurance companies will allow to you buy back that exclusion so that vacant properties are covered. In your case, they have probably decided that either: Your Options First, you need to find a company that is comfortable with taking on the extra risk of a vacant home. This will vary quite a bit by location, but the main ones are Farmer's (they use the Foremost brand name in New York) and Castle Rock. There are lots of insurance agencies that also advertise these products, but most of them are middlemen and use one of these two companies to actually write the coverage. Additionally, since this is a specialty policy, make sure you understand all of the details of the policy, and how they vary from a regular policy including: How to Reduce your Premium costs These are general tips from the Murray Group's website (an independent broker in NY) on how to lower the additional cost of vacant coverage: This may sound expensive, but these steps will all reduce the risk of something really bad happening when you're not there. Additionally, do you know anyone you completely trust (relative, unemployed friend) that might want to live in your old house rent-free for a while? This could work out for you if they are willing to keep the place 100% clean around the clock so that you can show the house at any time. If you have additional/specific questions, you should be able to find an independent insurance broker in your area that would be willing to advise you on your specific situation for a flat fee. Best of luck with getting the home covered and sold quickly!\""}
{"_id": "518951", "title": "", "text": "Firstly, you haven't traded long enough. Secondly, you have just had a lot of luck that most of your trades came back. Thirdly, you should develop a trading strategy having entry rules, exit rules and risk management rules (never trade on margin without risk management or stop losses). Lastly, never trade on intuition or your emotions, stick to your plan, cut your losses small and early, and let your profits run."}
{"_id": "518960", "title": "", "text": "You can get the idea of how much important it is to have coupling hydraulic in vehicles as all the cars equipped with automatic transmission are bound to use this invention. It gives the smoother and more comfortable experience in driving as you never even feel. Visit us at: http://www.huntingnet.com/forum/members/stephentthomas.html"}
{"_id": "518967", "title": "", "text": "There is some element of truth to what your realtor said.  The seller takes the house off the market after the offer is accepted but the contract is contingent upon, among other things, buyer securing the financing. A lower down payment can mean a higher chance of failing that. The buyer might be going through FHA, VA or other programs that have additional restrictions. If the buyer fails to secure a financing, that's weeks and months lost to the seller. In a seller's market, this can be an important factor in how your bid is perceived by the seller. Sometimes it even helps to disclose your credit score, for the same reason. Of course for your situation you will have to assess whether this is the case. Certainly do not let your realtor push you around to do things you are not comfortable with. Edit:  A higher down payment also helps in the situation where the house appraisal does not fare well.  As @Dilip Sarwate has pointed out, the particular area you are interested in is probably a seller's market, thus giving sellers more leverage in picking bids. All else equal, if you are the seller with multiple offers coming in at similar price level, would you pick the one with 20% down or 5% down? While it is true that realtors have their own motives to push through a deal as quickly as possible, the sellers can also be in the same boat. One less mortgage payment is not trivial to many. It's a complicated issue, as every party involved have different interests. Again, do your own due diligence, be educated, and make informed decisions."}
{"_id": "518983", "title": "", "text": "Except history in this country has already shown us that the rich can in fact be taxed significantly higher than they are now and they don't all run and hide their money.  So instead of Mieses' book we could actually study the people who already didn't do the things you claim they'd all do. So no, it in fact will not answer a lot of things better than research of actual data will."}
{"_id": "518991", "title": "", "text": "That sounds like a lot, but this number alone doesn't mean much.  I think 16 million dollars could be justified compared the amount of money Ticketmaster may have to divy out.  However, if Ticketmaster is just handing out coupon codes, they really are not losing too much. :("}
{"_id": "519025", "title": "", "text": "The papers you would need to buy are called 'futures', and they give you the right to buy (or sell) a certain amount of oil at a certain location (some large harbor typically), for a certain price, on a certain day. You can typically sell these futures anytime (if you find someone that buys them), and depending on the direction you bought, you will make or lose money according to oil rice changes - if you have the future to get oil for 50 $, and the market price is 60, this paper is obviously worth 10 $. Note that you will have to sell the future at some day before it runs out, or you get real oil in some harbor somewhere for it, which might not be very useful to you. As most traders don't want really any oil, that might happen automatically or by default, but you need to make sure of that. Note also that worst case you could lose a lot more money than you put in - if you buy a future to deliver oil for 50 $, and the oil price runs, you will have to procure the oil for new price, meaning pay the current price for it. There is no theoretical limit, so depending on what you trade, you could lose ten times or a thousand times what you invested. [I worded that without technical lingo so it is clear for beginners - this is the concept, not the full technical explanation]"}
{"_id": "519038", "title": "", "text": "Does me holding stock in the company make me an accredited investor with this company in particular? No.  But maybe the site will let you trade it your shares to another accredited investor. Just ask, if the site operators have a securities lawyer they should be able to accomodate"}
{"_id": "519073", "title": "", "text": "Not a bad strategy. However: If you REALLY want tax efficiency you can buy stocks that don't pay a dividend, usually growth stocks like FB, GOOGL, and others. This way you will never have to pay any dividend tax - all your tax will be paid when you retire at a theoretically lower tax rate (<--- really a grey tax area here).  *Also, check out Robin Hood. They offer commission free stock trading."}
{"_id": "519075", "title": "", "text": "\"Also, since I'm guessing OP isn't flush with cash, not having to come up with additional money to pay the student loans for some time will provide some short-term \"\"debt relief\"\"... possibly reducing the possibility of racking up more CC debt.\""}
{"_id": "519080", "title": "", "text": "I always like how a big company or government can be drenched in debt with almost zero practical chance of not defaulting in the future and the ratings agency will warn that maybe soon it might probably cancel its investment grade status."}
{"_id": "519088", "title": "", "text": "Every class my Finance Prof writes a number on the board, I have no idea what it is other than it is related to the field of Finance. But I have it on good authority that it will be a bonus question on the final exam to find out what it is.    Date | # Written ---|--- Oct. 12 | 13 Oct. 17 | 15 Oct. 19| 15 Oct. 24 | 15 Oct. 26 | 15 Nov. 2 | 11 If anyone knows please help a brother out. Dates are North American."}
{"_id": "519089", "title": "", "text": "Well if that looks like a pain in the neck, just look at the things we've engineered before (ocean floor drilling, mountaintop removal, the International Space Station, etc.) Even coal fired power plants are an engineering nightmare. These gravity batteries would be pieces of cake compared to what I just mentioned.  Also, certain labs (I can't name them off the top of my head) are developing carbon fiber power lines that would have virtually no electrical resistance and wouldn't lose any power to heat. In light of that, do you think renewables would be feasible?"}
{"_id": "519097", "title": "", "text": "She walks backwards, making sure that the ground is clear. She tenses, bounces up and down to warm up and then, slowly at first, gathering steam, she begins to sprint. She's right on target, her leg goes back and now it's swinging forward, forward and *BOOM* it connects and the can goes flying down the road.  The world markets go wild for another 72 hours before pessimism returns!"}
{"_id": "519103", "title": "", "text": "Insurance companies vary.  A former roommate of mine had to add me to her policy as a driver even though there was 0 chance I was ever going to drive this roommate's car.  My insurance company on the other hand had me add my spouse after we got married even though they had his information for a different transaction before the wedding."}
{"_id": "519123", "title": "", "text": "\"I had been pondering this recently myself too.  This question motivated me to do a little research.  It appears that what happens is that (take a deep breath) the capital gain does push you into the next tax bracket, but the capital gain is always interpreted as the \"\"last\"\" income you received, so that if your non-capital-gains income is less than the threshold, it will all be taxed in the lower bracket, and only your capital gain will be taxed in the higher bracket (but it will be taxed at the capital-gains rate of that higher bracket). In short, a capital gain can only push capital gains into higher capital-gains tax brackets; it cannot push ordinary income into higher ordinary-income tax brackets.  In addition, the amount of the capital gain is taxed in a marginal fashion, such that any portion of the gain that will \"\"fit\"\" into a lower bracket will be taxed at a lower level, with only the topmost portion of any gain being taxed at the top rate. This site is one claiming this: Will capital gain or dividend income push my other income into a higher tax bracket? No, the tax rates apply first to your \u201cordinary income\u201d (income from sources other than long-term capital gains or qualifying dividends) so these items that are taxed at special rates won\u2019t push your other income into a higher tax bracket. If my ordinary income puts me in the 15% tax bracket, can I receive an unlimited amount of long-term capital gain at the 0% rate? No, the 0% rate applies only to the amount of long-term capital gain and dividend income needed to \u201cfill up\u201d the 15% tax bracket. For example, if your ordinary income is $4,000 below the figure that would put you in the 25% bracket and you have a $10,000 long-term capital gain, you\u2019ll pay 0% on $4,000 of your capital gain and 15% on the rest. There are several Bogleheads forum threads (here, here, here and here) that also touch on the same issue. The last of those links to the IRS capital gains worksheet.  I traced through the logic and I believe it confirms this.  Here's how it works: (In conclusion, we now know Mitt Romney's secret.)\""}
{"_id": "519124", "title": "", "text": "There are reward points that you have already mentioned. Some banks also give reward points for netbanking transfer, although very few and less than debit card. On a fraudulent site, debit card adds a layer, if compromised, easy to change. i.e just hot list the card, get a new card issued. Netbanking quite a few banks have incorrect implementation and difficult to change the login ID / User ID. The dispute resolution mechanism is well established as there is master or visa network involved. The ease of doing transaction is with netbanking as for card one has to remember 16 digits, expiry, cvv. The entire process of card usage is multiparty, on slow connection if something goes wrong, it takes 3 days to figure out. In netbanking it is instantaneous. You just login to bank and see if the debit has gone through."}
{"_id": "519125", "title": "", "text": "Jez, i didn't know their export market was so bad.Down 85% in some areas.   I used to have a lot of Japanese electronics. Now I only have a Sony Blue Ray player that hooks to my  KoreanTV. It isn't near as good as the similar Apple TV and Sony has no way (unlike Apple) to get money from movie purchases, songs etc. It looks like they have even worse crony capitalism than the US. Older people ripping off the younger folks who don't have a future - all to keep a huge bubble from bursting.  Anyone know much about the story of Japanese organized crime threatening to kill the British exec who found accounting fraud? What a mess."}
{"_id": "519129", "title": "", "text": "\"Your confusion is that that answerer is not comparing a $5500 Roth IRA contribution to a $5500 Traditional IRA contribution. Rather, they were comparing a $3600 Roth IRA contribution to a $5000 Traditional IRA contribution. It is fairer to do such a comparison because (assuming that this person's marginal tax rate is 28%) both of them start with the same amount of pre-tax money ($5000 of pre-tax money is equivalent to $3600 of post-tax money in 28% tax bracket). As a result, both a $5000 Traditional IRA contribution and a $3600 Roth IRA contribution will leave you with the same amount of cash in your bank account at the end (after taxes are filed). That's why it's a fair comparison. And when you do such a comparison, it will mathematically indeed always turn out to the same result for Traditional and Roth if the contribution and withdrawal are at the same tax rate. On the other hand, if you were to compare a $5000 Roth IRA contribution to a $5000 Traditional IRA contribution, even though it's the same nominal dollar figure, you would be comparing apples and oranges because in one case it's a post-tax dollar amount and in the other case a pre-tax dollar amount. The Roth IRA contribution actually leaves you with less in your bank account at the end (after taxes are filed) than the same nominal dollar amount of Traditional IRA contribution. So you are comparing an (effectively) \"\"larger\"\" Roth IRA contribution to a \"\"smaller\"\" Traditional IRA contribution. Of course the \"\"larger\"\" contribution gets more tax advantages over time, and so the result looks better. Note that since Traditional IRA contribution and Roth IRA contributions share the same nominal dollar amount annual limit, but we know that $1 of Roth IRA contributions is effectively larger than $1 of Traditional IRA contributions, that means that Roth IRA contributions has an effectively \"\"higher\"\" annual limit than Traditional IRA contributions. For example, a $5500 Traditional IRA contribution is equivalent to a $3960 Roth IRA contribution for someone in the 28% bracket; whereas a $5500 Roth IRA contribution would be equivalent to a $7638.89 Traditional IRA contribution, which you can't do. So it's not possible to do a fair comparison when you go near the limit. If it is important to you to tax-advantage the \"\"largest\"\" amount of money, then that is a reason to go for Roth IRA, since it has an effectively higher annual limit. You cannot replicate the tax advantage of a $5500 Roth IRA contribution with a Traditional IRA contribution, because that money in pre-tax dollars is beyond the limit of a Traditional IRA contribution.\""}
{"_id": "519133", "title": "", "text": "Routing number (RTN - Routing Transit Number) you're talking about is the Federal Reserve routing number. It is based on, but not equivalent to ABA numbers. The specific routing number may also be based on ABA numbers of institutions merged into BoA, which are now defunct. From wiki: The RTN number is derived from the bank's transit number originated by   the American Bankers Association, which designed it in 1910."}
{"_id": "519148", "title": "", "text": "In many ESPP programs (i.e. every one I've had the opportunity to be a part of in my career), your purchase is at a discount from the lower of the stock prices at the start and end of the period. So a before-tax 5% return is the minimum you should expect; if the price of the stock appreciates between July 1 and December 31, you benefit from that gain as well. More concretely: Stock closes at $10/share on July 1, and $11/share on December 31. The plan buys for you at $9.50/share. If you sell immediately, you clear $1.50/share in profit, or a nearly 16% pre-tax gain. If the price declines instead of increases, though, you still see that 5% guaranteed profit. Combine that with the fact that you're contributing every paycheck, not all at once at the start, and your implied annual rate of return starts to look pretty good. So if it was me, I'd pay the minimum on the student loan and put the excess into the ESPP."}
{"_id": "519153", "title": "", "text": "Really, the only way to develop meaningful relationships of any kind (personal/business/etc) is to interact with people directly in a shared context.  If you don't have any professional interaction with them through your/their business, then you're left to social/personal things -- play tennis together at a club, golf together, work out at a gym together, meet at charity events, attend social gatherings, etc.  Executives are people too.  Think about it -- how would you want someone to approach you?  Some random guy sending mail/email to a bunch of people with your same job title hoping to make a contact for entirely selfish reasons (i.e. getting a job, selling a product/service, whatever) is not going to look attractive to you -- you're just going to ignore it because there's no personal connection, no reason to care.  For all intents and purposes, you may as well be talking about an unsolicited ad from Comcast for TV service you don't need.  In general, I'd go back to the drawing board.  What exactly are you trying to accomplish here?  Are you trying to sell a startup/project you've been working on?  Are you trying to find a shortcut to a high-paid job?  Revisiting your objective will give you the recipe to more effectively approach it.  **TL;DR** -- Sending spam to executives is not an effective way of networking.  It is a good way to identify yourself as an undesirable contact, however."}
{"_id": "519155", "title": "", "text": "\"Do so.  It's a bit insulting that you need to pay the very entity that fucked you to **start** protecting you, but that's a reality of life.   And to add insult to injury, the very info stolen is the *same* info needed to reset your freeze PIN... *But*, at least they'll send you physical mail letting you know \"\"you\"\" changed your PIN.  Do it.  If not for the fact that these worthless bastards are allowed to charge us in the *first* place, a credit freeze should be the **default** situation.  It won't hurt your credit, and *might* prevent someone from opening an account in your name without you knowing about it.  / And if I didn't make it obvious, invest in \"\"torches and pitchforks\"\".\""}
{"_id": "519167", "title": "", "text": "\"If it's an active stock, the Yahoo message boards are inhabited by some clueful people. But the signal-to-noise ratio is relatively low, and there are a lot of \"\"interesting\"\" characters who inhabit the boards as well.\""}
{"_id": "519171", "title": "", "text": "\"I always wondered that back in the days of the Microsoft antitrust rulings.  This is just more of the same, \"\"Quit being so damned successful, Americans - I fine you a kajillion credits for, um, a rule we just made up!\"\"   I sincerely look forward to the fireworks on the day that some company actually *does* say \"\"No thanks - You need us more than we need you; would you like us to leave, now?\"\".  Sadly, this probably won't be that day (even though it's overwhelmingly true... But hey, they could always use Bing!).\""}
{"_id": "519173", "title": "", "text": "\"I do not think you are missing much.  One thing you have right is low cost cars depreciate almost nothing.  One thing you are missing is your satisfaction index.  Driving a 200K car for 4 years requires a bit of motivation when your friends are driving new cars.  Typically you need a larger goal to keep you focused.  That might be saving money, getting out of debt, or obtaining an education. Buying a car from a private party, Craigslist is only one source, can save both parties money as the \"\"middle man\"\" is cut out. If you have the ability to do so, one can save a lot of money by doing your own brakes.  The info is up on youtube, and I typically \"\"earn\"\" between 100-300/hour doing this work myself. Most of the time warranties do not pay off.  At the core, they are insurance and insurance companies are in the business to make money.  If your car is likely to need repairs a policy may be unattainable or very high in price.\""}
{"_id": "519174", "title": "", "text": "\"In addition to the choice that saving for retirement affords - itself a great comfort - the miracle of compounding is so great that even if you chose to work in old age, having set aside sums of money that grow will itself help your future.  The are so many versions of the \"\"saving money in your 20s\"\" that equals millions of dollars that the numbers aren't worth showing here. Still, any time value of money example will illustrate the truth.  That said, time value of money does start with the assumption that a dollar today is worth more than a dollar tomorrow. Inflation, after all, eats away at the value of a dollar. It's just that compounding so outshines inflation that any mature person who is willing to wait, should be convinced. Until you work the examples, however, it's not at all obvious.  It took my daughter years to figure out that saving her allowance let her get way better stuff. The same is true of everyone.\""}
{"_id": "519177", "title": "", "text": "[Here are the three main temperature sets](http://i.imgur.com/8LGxyOR.png). Pretty hard to claim there's been no warming.   Fun fact: for any trend to be relevant for climate, you need at least a 30 year period. What you, and your denier sources are doing, is deliberately preying on ignorance of the basic science to present a misleading and wrong argument.   It's like taking 30 minutes of DOW activity and claiming that the market's obviously going to be up/down/stagnant for the rest of the year.  You're deliberately (or ignorantly) confusing short term variability with a long term trend."}
{"_id": "519180", "title": "", "text": "\"Right. I think, especially in a professional field, there are ways to exploit your skills to benefit your resume while under unemployment. The big argument with unemployment is that there is a negative connotation around it. \"\"Why couldn't get get a job in the n months you were unemployed?\"\" Look busy and just explain that you've been keeping your skillset relevant by participating in non-profits, doing stuff for other local businesses (if applicable) and so on. Creativity definitely helps.\""}
{"_id": "519187", "title": "", "text": "I think I found a simpler way to analyze this question: The U.S. Bureau of Economics publishes data of what sectors of industry contribute what percentage to Kansas GDP, and as of 2015, agriculture was ranked 7th at only 5.5%. What's more, Brownback has previously exaggerated the extent to which agriculture contributes to the economy, saying before that it's over 40% of GDP.  Definitely seems like a good starting point."}
{"_id": "519202", "title": "", "text": "You are also ignoring Russia demographic population. It has a sub replacement fertility level, this will cause population decline. Now I know other countries have this to but they have benefits Russia does not have. Which is skilled workers moving there while Russia has people leaving. Also the economic freedom of Russia is very low so it will create low or no growth."}
{"_id": "519204", "title": "", "text": "To answer your question in its entirety there's more information we need (exchange, session, traded security, order type, etc.). Most exchanges support partial fills, that is your order will be partially executed and modified.  In your example, you'd get an execution of 10 shares at $100, and your order ticket will be modified to $100 for 990 shares. Like John Bensin explained, there are ways to prevent partial filling through order modifiers (e.g. Fill-or-Kill). My addition here is, there are also ways to prevent the other bit, i.e. do the partial fill but don't keep a modified order in the system.  You'd have to mark the order Immediate-or-Cancel (IoC).  In your case you'd be partially filled (10 @$100) and that's it.  For the remaining 990 shares you'd have to enter a new order."}
{"_id": "519221", "title": "", "text": "used cars in nj  ---1800 Auto Land located on Rt. 22 in New Jersey, is one of NJ's premier Toyota car dealerships. You'll discover plenty of vehicles to choose from, so no matter the type of vehicle you're looking for we have something to fit your needs."}
{"_id": "519227", "title": "", "text": "Indeed, perhaps even businesses that cater to different markets within the same industry could be affected differently. Restaurants in particular, where a smaller cafe or cheap sandwich shop might see more business as a result of more money in people's pockets, but a higher end sit down restaurant might only experience the wage increase without any additional incoming revenue."}
{"_id": "519229", "title": "", "text": "....and take it out of the huge reserve set up for Ukraine?  What's next?  Heating Ukrainian homes this winter on EU's nickel while Kiev takes a work time out and pays for a civil war?  Everybody's hurt by all this.  First things first: Order the oligarch armies and Kiev armies to stop the violence in E Ukraine.  Bring in a UN peacekeeping force."}
{"_id": "519231", "title": "", "text": "\"It depends on whether the loan is written as a non-recourse debt and what collateral was pledged. \"\"Non-recourse\"\" debt means that the issuer is limited to seizing the pledged collateral but cannot extend beyond those pledged assets. A \"\"recourse debt\"\" allows the issuer to seize the collateral and potentially other assets of those signed to the loan. In your example, a non-recourse loan would stop the issuer at seizing the property pledged as collateral (for instance the land remaining after the golden condor took your house), and it would stop there if that was the entirety of the collateral pledged. In the case of a recourse debt, each of you who signed loan are most likely going to be held responsible for the rest of the debt. http://en.wikipedia.org/wiki/Nonrecourse_debt http://en.wikipedia.org/wiki/Recourse_debt\""}
{"_id": "519241", "title": "", "text": "\"There is no official price. There is only the price a seller is willing to offer and a buyer is willing to accept at that moment. It tends to be close to the price negotiated for the last such sale, but that's just market statistics, not anything actively managed or guaranteed. \"\"Past performance is no guarantee of future results;\"\" this buyer and seller may not agree with the previous pair. Especially when the market has been closed overnight but real-world events have continued to occur.\""}
{"_id": "519248", "title": "", "text": "Actually his cheques are from himself, funds are paid to Mayweather Literacy Fund (promotions) then he pays himself.  This was the case with Pac fight, the check was from Mayweather Promotions.  This also means he could just write a cheque for 7 trillion dollars and post it on facebook."}
{"_id": "519257", "title": "", "text": "For two reasons: 1- People are entitled to deductions and credits that your employer cannot possibly know. Only you as an individual know about your personal situation and can therefore claim these deductions and credits by filing income tax returns. 2- Me telling you that you made $100,000 last year is not the same as telling you that you made $125,000 last year, but someone took $25,000 out of your pocket. Tax season is the one time of the year when citizens know exactly what chunk of their hard earned money was taken by the government, creating more collective awareness about taxation and giving politicians a harder time when they propose raising taxes."}
{"_id": "519265", "title": "", "text": "I'd love to see the sources for this article's numbers. It sounds like a compelling case even though I don't much care for the writers tone.  It's clear the aim isn't to convince anyone who is on the fence but rather reinforce the belief of those already firmly against Wal Mart's policies.  I'm interested in the argument but not in the writing."}
{"_id": "519268", "title": "", "text": "They really screwed themselves as soon as they went public. Their shipping is constantly late because of their warehouse issues. The food spoils or lacks variation.   I stopped for a month or so because of it.  As soon as I started, order was delayed on the day I was supposed to get it.. food seems a bit fresher but not something good to come back to"}
{"_id": "519274", "title": "", "text": "\"In some sense I love the fact that someone can suck some cash out of these monopolies so they can \"\"farm\"\" the proper impression.   Keeping these guys dancing to make sure we only see them in the \"\"proper light\"\" should cost them .... into bankruptcy if I had my way.\""}
{"_id": "519288", "title": "", "text": "&gt;The figure also shows that Democrats inherit growth rates averaging 0.6% from the final year of the previous Republican president, while Republicans inherit growth rates averaging 3.8% from outgoing Democrats.  Citations: [Presidents and the U.S. Economy: An Econometric Exploration by Alan S. Blinder and Mark W. Watson ](http://www.princeton.edu/~mwatson/papers/Presidents_Blinder_Watson_July2014.pdf)  [The Economy Grows Faster Under Democratic Presidents](http://www.nytimes.com/2014/08/06/upshot/luck-and-a-little-mystery-the-economy-grows-faster-under-democratic-presidents.html)"}
{"_id": "519290", "title": "", "text": "In the last 15 years, some poor arab gets his house blown up with billions of dollars worth of arms, some poor US taxpayer foots the bill and the cooperation make the money.  The arab house no house, the US tax payer has no saving and lives poor.  Some CEO buys a private island with his bones.  Meanwhile the rest of us is looking for happiness"}
{"_id": "519291", "title": "", "text": "Yes, but it must be remembered that these conditions only last for instants, and that's why only HFTs can take advantage of this. During 2/28/14's selloff from the invasion of Ukraine, many times, there were moments where there was overwhelming liquidity on the bid relative to the ask, but the price continued to drop."}
{"_id": "519292", "title": "", "text": "&gt; Should he take the time out of his day to condemn every group that might like him individually?  No.  Just the violent white supremacists when one of their group just murdered a women and seriously injured 19.    &gt; He condemned the violence on both sides and political violence in general. What more do you fucking want?   Condemn the murderous terrorists more than the counter-protesters?  &gt; Do you want him to flog himself publicly and apologize for being white?   Now i know you are being disingenuous.  No one has suggested that.  &gt; Should business owners and public figures issue public statements condemning any white supremacists that might be patrons or admirers of their work? It's preposterous to assume so, so why assume the same with the president?   Did these patrons just murder someone?  Then yes.  Yes, you condemn them and distance your self from them.  Especially if you complained about the previous president not condemning muslim terrorists.  Here is actual terrorists and he isn't condemning them."}
{"_id": "519296", "title": "", "text": "It would be good to know which country you are in? You are basically on the right track with your last point. Usually when you buy your first property you need to come up with a deposit and then borrow the remainder to have enough to purchase the property. In most cases (and most places) the standard percentage of loan to deposit is 80% to 20%. This is expressed as the Loan to Value Ratio (LVR) which in this case would be 80%. (This being the amount of the loan to the value of the property). Some banks and lenders will lend you more than the 80% but this can usually come with extra costs (in Australia the banks charge an extra percentage when you borrow called Loan Mortgage Insurance (LMI) if you borrow over 80% and the LMI gets more expensive the higher LVR you borrow). Also this practice of lending more than 80% LVR has been tightened up since the GFC. So if you are borrowing 80% of the value of the property you will need to come up with the remainder 20% deposit plus the additional closing costs (taxes - in Australia we have to pay Stamp Duty, solicitor or conveyancing fees, loan application fees, building and pest inspection costs, etc.). If you then want to buy a second property you will need to come up with the same deposit and other closing costs again. Most people cannot afford to do this any time soon, especially since the a good majority of the money they used to save before is now going to pay the mortgage and upkeep of your first property (especially if you used to say live with your parents and now live in the property and not rent it out). So what a lot of people do who want to buy more properties is wait until the LVR of the property has dropped to say below 60%. This is achieved by the value of the property going up in value and the mortgage principle being reduced by your mortgage payments. Once you have enough, as you say, collateral or equity in the first property, then you can refinance your mortgage and use this equity in your existing property and the value of the new property you want to buy to basically borrow 100% of the value of the new property plus closing costs. As long as the LVR of the total borrowings versus the value of both properties remains at or below 80% this should be achievable. You can do this in two ways. Firstly you could refinance your first mortgage and borrow up to 80% LVR again and use this additional funds as your deposit and closing costs for the second property, for which you would then get a second mortgage. The second way is to refinance one mortgage over the two properties. The first method is preferred as your mortgages and properties are separated so if something does go wrong you don't have to sell everything up all at once. This process can be quite slow at the start, as you might have to wait a few years to build up equity in one property (especially if you live in it). But as you accumulate more and more properties it becomes easier and quicker to do as your equity will increase quicker with tenants paying a good portion of your costs if not all (if you are positively geared). Of course you do want to be careful if property prices fall (as this may drastically reduce your equity and increase your total LVR or the LVR on individual properties) and have a safety net. For example, I try to keep my LVR to 60% or below, currently they are below 50%."}
{"_id": "519297", "title": "", "text": "\"This refers to the faulty idea that the stock market will behave differently than it has in the past.  For example, in the late 1990s, internet stocks rose to ridiculous heights in price, to be followed soon after with the Dot-Com Bubble crash. In the future, it's likely that there will be another such bubble with another hot stock - we just don't know what kind.  Saying that \"\"this time it will be different\"\" could mean that you expect this bubble not to burst when, historically, that is never the case.\""}
{"_id": "519314", "title": "", "text": "\"HSBC, also known as \"\"The Hong Kong and Shanghai Banking Corporation\"\" has banks in India. I would imagine that might be a place to start.   Paypal, which is commonly used to pay for items on eBay -- is also available in both India and China.   You should, of course, respect any laws regulating this kind of money transfer.\""}
{"_id": "519319", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://priceonomics.com/which-companies-have-the-highest-revenue-per/) reduced by 90%. (I'm a bot) ***** &gt; Technology companies performed at the lower end of the range on Revenue per Employee; part of the reason for this however, is other companies in spaces like Energy and Healthcare have large non-employee costs that Technology companies do not have.  &gt; Average revenue per employee in the Energy sector is double that of Healthcare companies and almost four times as high as that of Information Technology companies.  &gt; Apple has the highest revenue per employee in this selection of technology companies.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejb01/it_companies_like_accenture_have_among_the_lowest/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133501 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **revenue**^#2 **per**^#3 **employee**^#4 **Healthcare**^#5\""}
{"_id": "519321", "title": "", "text": "Are you being paid through a limited company or an umbrella company ? Are you self employed If not what they are doing is illegal. If you are being paid a salary, then the employer has to contribute their part of National Insurance. I believe they are treating you as self employed, hence asking you to generate invoices. Check your contract wordings properly. Or get help from Citizens Advice. Call them or visit their local office. Or else do call up HMRC.  But if you are invoicing them, I would assume you are self employed and you have to do your self assessment. Get in contact with HMRC and ask them to generate your Unique Taxpayer Reference (UTR). THey will send you the UTR and using this you can fill your tax returns.  It looks like cumbersome now, but it isn't so. You can do it yourself, I do mine. Or at the end of the financial year, get an accountant to do the returns for you, probably should charge you \u00a3100-\u00a3150. Keep all your invoices, bills, bank statements safely. This is some help from HMRC website"}
{"_id": "519326", "title": "", "text": "\"There's no easy solution to this. Unfortunately I think you need a different approach, as you say, using software to track expenses to visualise the percentages and such hasn't helped and in my own experience this sort of money management does not work with all people. Maybe you need to look at the expenses and decide what you can cut out. Somehow we all need to make a distinction between what we need (milk, bread) and what we don't need (magazines, dvds) but still purchase every now and then. Sadly buying things for the second category quickly builds up a bill just as big as the one for the weekly shop only that it contains nothing of actual value and it just seems too easy for some to spend and equal amount of money on \"\"wants\"\" as on \"\"needs\"\" and if a substantial amount of your outgoings are in this category that's where you need to focus the discussion. If you can't find any purchases like that I suspect you need to buy less expensive food.\""}
{"_id": "519328", "title": "", "text": "\"I don't think the reason is \"\"to verify that it is truly me\"\". It should be possible for someone else (friend, relative...) to make a payment on your behalf, using their own card. It is common that \"\"gift cards\"\" are not per-authorized for \"\"Card Not Present\"\" (CNP) use like on the internet, or over the phone. In many cases, you can register your card, online or by speaking to a representative over the phone. After that, you should be able to use it to pay your phone company. Also, depending on where you got the card, you may be able to go to a teller at the issuing bank, and withdraw cash (or get a check), possibly without a fee.\""}
{"_id": "519346", "title": "", "text": "\"I just wanted to point out that the most \"\"leverage\"\" for pre-paying occurs at the very beginning of the mortgage, and declines rapidly after that. So, your very best scenario is to get the 30-year, and make one extra payment entirely to principal the first month of every year. This causes the amortization to drop by 96 payments, to about 22 years. I don't know of any other way that you can get nearly 4 times value for your money (22 payments extra to save 96 payments later). After that, reducing from 22 to 15 years takes more of your money for the same result, but do it if you want. I actually did this, and it put me way ahead when I sold the house about 12 years later.\""}
{"_id": "519352", "title": "", "text": "You can earn significantly more than 0.99% in the stock market.  I'd pay the $450/month and invest the rest in a (relatively conservative) stock market fund, making monthly withdrawals for the car note."}
{"_id": "519353", "title": "", "text": "The point of a chargeback is to force merchants to do the paperwork. Many merchants don't, and are easy targets for chargebacks, even when they have, in fact, provided the good or service. You used a tax prep service. They may have given you poor (technical) advice, but such firms are usually very good about doing the paperwork. That's why you lost."}
{"_id": "519359", "title": "", "text": "Embedded systems.   We run xp on a lot of equipment since it's been a steady, bug free environment for our software. Introducing a new OS will only cause unforeseen problems and we would nothing to gain from such update."}
{"_id": "519367", "title": "", "text": "\"Just coughed out my morning coffee on this one. I bet even Bezos leaves disabled the \"\"buy without confirmation\"\" option in his Alexa config. That shit could be potentially dangerous.  ...then again, dude is a billionaire. Maybe he doesn't care if Alexa accidently orders him a $20,000 sofa when he was just looking to buy more cereal.\""}
{"_id": "519390", "title": "", "text": "\"Wouldn't this be part of your investing strategy to know what price is considered a \"\"good\"\" price for the stock?  If you are going to invest in company ABC, shouldn't you have some idea of whether the stock price of $30, $60, or $100 is the bargain price you want?  I'd consider this part of the due diligence if you are picking individual stocks.  Mutual funds can be a bit different in automatically doing fractional shares and not quite as easy to analyze as a company's financials in a sense. I'm more concerned with the fact that you don't seem to have a good idea of what the price is that you are willing to buy the stock so that you take advantage of the volatility of the market. ETFs would be similar to mutual funds in some ways though I'd probably consider the question that may be worth considering here is how much do you want to optimize the price you pay versus adding $x to your position each time.  I'd probably consider estimating a ballpark and then setting the limit price somewhere within that.  I wouldn't necessarily set it to the maximum price you'd be willing to pay unless you are trying to ride a \"\"hot\"\" ETF using some kind of momentum strategy.  The downside of a momentum strategy is that it can take a while to work out the kinks and I don't use one though I do remember a columnist from MSN Money that did that kind of trading regularly.\""}
{"_id": "519415", "title": "", "text": "Problem is, are most consumers asking for any of this R&amp;D? Seems more or less they're just spraying and praying with R&amp;D features. Clearly, since they're continuing to downsize, they're not selling. Not to mention they always have their proprietary formats, be it software and/or hardware. That doesn't help their case. I don't want to be tied down to a platform for w/e reason. It always costs more because of scales of economy, and when they move on from that format and/or no longer support it, then what?"}
{"_id": "519417", "title": "", "text": "So we agree about everything! Am I right?  Susan is no good, got her job in a corrupt way, her degrees show she was not born interested in security (except for fat pay checks), people with IT degrees are more a match, suitable and qualified for security jobs, especially when they have specific on-hand experience, HR does not care about employees, and real experts have to fight HR and terrible management... and usually lose because of this whole corrupt setup.  Anything you don't agree with me about?"}
{"_id": "519418", "title": "", "text": "Because it makes money for all parties, and because the general public is reluctant to any change. Who should have an interest to change that? People. And they have no say in it. You can actually do a lot without paper checks nowadays (I only use one per year for car taxes, as they do not accept anything else), but many people shake their heads about even online banking and would never trust it."}
{"_id": "519419", "title": "", "text": "\"As usual, you missed the point...  \"\"Sam Batkins, the director of regulatory policy for AAF, said in his report that \"\"the \u2018Regulatory Freeze' that took effect on day one of the administration has persisted for roughly the first four months of President Trump's term. By virtually any measure, dating back through two Democratic presidents and one Republican president, the lack of regulatory output is historic.\"\"  What's more, the cost of the new regulations has dropped from an average of $26 billion to $33 million, or just 0.12 of the past average for the first five months of the year.  \"\"Across the board, the results indicate a significant diminution in the number of regulations approved and a notable uptick in the number of withdrawn measures (previous rules from the Obama Administration no longer under consideration). For instance, during the period covered, the average administration reviewed 190 rules; the Trump administration reviewed 39. In the average year, there were 33 economically significant reviews; the Trump administration reviewed just 16. On average, there were 30.8 significant rules approved, not just reviewed; this administration has released 10,\"\" said his AAF study.  **Batkins concluded, \"\"Regardless of the metric employed, there is little doubt regulatory output is at historic lows. The regulatory freeze has not been temporary, but relatively permanent.\"\"**  https://www.americanactionforum.org/insight/historic-nature-regulatory-slowdown/\""}
{"_id": "519425", "title": "", "text": "The quality of the MBA is really what decides if it's worth it. You have to make sure the school where you are going to is highly regarded or even prestigious. There is a big difference between what you find prestigious and others find prestigious. The student believing it is an awesome school is not enough, the companies and recruiters must believe it too.  Make sure you do your homework on the ranking of the MBA program. Additionally, your undergraduate plays a role how well your MBA is perceived. A decent undergraduate degree complemented with an MBA from a highly ranked school will put you in a trajectory for a high salary and a management position."}
{"_id": "519433", "title": "", "text": "But unless he's getting shares at a premium there's no difference between him getting shares or getting cash and buying Disney stock with half of it. And if he's looking to make money in the stock market he certainly has better options than putting everything on DIS."}
{"_id": "519445", "title": "", "text": "Don't suppose you could provide any technical ref's for the Neuro?  It would be nice to see where things have gone.   I gave up following the subject years ago when people (my lecturers) continued to insist Neuron's = Transistors whilst not understanding either."}
{"_id": "519450", "title": "", "text": "Why would they do that? The data has value.  Bankruptcy isn't just shutting the doors, it's selling off the data.  I predict this will start a new firestorm around what happens to *your* data that you don't own.  People are about to realize that they're going to be fucked both ways."}
{"_id": "519456", "title": "", "text": "Thanks so much for the advice Kyrias. You're absolutely right that I need to keep nipping at the heels. But at this point, it feels he's less of a friend and more of a benefactor. I merely wanted some good, intelligent insight (from people such as yourself) on the situation who don't have a bias toward the situation. I feel the more advice I can get on this topic (I've tried to explain the situation as neutral as possible) the more aware I can be moving forward. Not looking for a solution, but rather possibilities of the cause of problem and/or hypothetical fixes. I do appreciate you taking the time Kyrias."}
{"_id": "519461", "title": "", "text": "A specific strategy to make money on a potentially moderately decreasing stock price on a dividend paying stock is to write covered calls.  There is a category on Money.SE about covered call writing, but in summary, a covered call is a contract to sell the shares at a set price within a defined time range; you gain a premium (called the time value) which, when I've done it, can be up to an additional 1%-3% return on the position.  With this strategy you're collecting dividends and come out with the best return if the stock price stays in the middle: if the price does not shoot up high enough that your option is called, you still own the stock and made extra return; if the price drops moderately, you may still be positive."}
{"_id": "519470", "title": "", "text": "Is your question academic curiosity or are you thinking of buying bonds?  Be aware that bond interest rates are near all-time lows, and if interest rates were to rise, the prices of bonds could fall.  Those buying bonds today are taking unusually large risk of capital loss."}
{"_id": "519473", "title": "", "text": "\"The difference between the provincial/territorial low and high corporate income tax rates is clear if you read through the page you linked: Lower rate The lower rate applies to the income eligible for the federal small   business deduction. One component of the small business deduction is   the business limit. Some provinces or territories choose to use the   federal business limit. Others establish their own business limit. Higher rate The higher rate applies to all other income.  \u00a0 [emphasis mine] Essentially, you pay the lower rate only if your income qualifies for the federal small business deduction (SBD).  If you then followed the small business deduction link in the same page, you'd find the SBD page describing \"\"active business income\"\" from a business carried on in Canada as qualifying for the small business deduction.  If your corporation is an investment vehicle realizing passive investment income, generally that isn't considered \"\"active business income.\"\" Determining if your business qualifies for the SBD isn't trivial \u2014 it depends on the nature of your business and the kind and amount of income it generates.  Talk to a qualified corporate tax accountant. If you're looking at doing IT contracting, also pay close attention to the definition of \"\"personal services business\"\", which wouldn't qualify for the SBD.  Your accountant should be able to advise you how best to conduct your business in order to qualify for the SBD.  Don't have a good accountant?  Get one.  I wouldn't operate as an incorporated IT contractor without one. I'll also note that the federal rate you would pay would also differ based on whether or not you qualified for the SBD.  (15% if you didn't qualify, vs. 11% if you qualify.)   The combined corporate income tax rate for a Canadian-controlled private corporation in Ontario that does qualify for the small business deduction would be 11% + 4.5% = 15.5% (in 2013). Additional reading:\""}
{"_id": "519496", "title": "", "text": "It is a good idea to come here with girlfriend and spend the time with her. We are pleased to assist with things to do west palm seashore that equips our assembly rooms. It is surrounding areas offer so much variety of locations to enjoy a romantic dinner. It is the best place and secure for the couple who wants to get benefits of different service of entertainment at affordable. We have things to do west palm beach with enjoyment. It is a relaxing place. We have staff is super friendly and also corporate. I think, you would definitely come here. The escape room west palm beach is an interactive puzzle game where participants together people."}
{"_id": "519500", "title": "", "text": "This.  You nailed it.  TJs is pretty much the grocery store equivalent of the Lincoln Mint for hipsters.  If every product is limited-time only special, then by buying it you can promulgate your self-image as the sneering exclusivist sophisticated consumer.  TJ has done a lot of very detailed marketing research and strategy has gone into parting hipsters from their money and it's working.  Good for them."}
{"_id": "519501", "title": "", "text": "I feel like when your assets are mostly stock, then your every minute is basically fluctuating by the hundreds of millions and on a ~~good~~  active trading day you could be up or down a few billions."}
{"_id": "519512", "title": "", "text": "True.  Unless the government steps-in and make some regulations.  For example, all customer service (talking to other people, also over the phone) must be done by humans. Also, humans must approve every decision and diagnostic done by AI machines. Every group of robots must be supervised by on-site human. Etc.  However, I am against taxing Robots and AI machines.  The bottom line, with Robots and AI doing most jobs that humans don't want to do or are not good at doing, humans can be happy if they have basic income, which can be very low because Robots and AI reduce the costs of goods and services tremendously."}
{"_id": "519534", "title": "", "text": "Consider a single person with a net worth of N where N is between one and ten million dollars.  has no source of income other than his investments How much dividends and interest do your investments return every year?  At 5%, a US$10M investment returns $500K/annum.  Assuming you have no tax shelters, you'd pay about $50% (fed and state) income tax. https://budgeting.thenest.com/much-income-should-spent-mortgage-10138.html A prudent income multiplier for home ownership is 3x gross income.  Thus, you should be able to comfortably afford a $1.5M house. Of course, huge CC debt load, ginormous property taxes and the (full) 5 car garage needed to maintain your status with the Joneses will rapidly eat into that $500K."}
{"_id": "519576", "title": "", "text": "While I don't disagree that Wells is trash, it may not be intentional reordering on their part. Some merchants don't settle their machines in a timely manner which can delay an item from posting. So while they were run first, and the funds were probably held in the correct order awaiting posting, the last item CAN clear first due to this. I would reach out to the bank for fee reversals, using the receipts as proof of transaction order."}
{"_id": "519596", "title": "", "text": "Inflation is basically this:  Over time, prices go up! I will now address the 3 points you have listed. Suppose over a period of 10 years, prices have doubled.  Now suppose 10 years ago I earned $100 and bought a nice pair of shoes.  Now today because prices have doubled I would have to earn $200 in order to afford the same pair of shoes.  Thus if I want to compare my earnings this year to 10 years ago, I will need to adjust for the price of goods going up.  That is, I could say that my $100 earnings 10 years ago is the same as having earned $200 today, or alternatively I could say that my earnings of $200 today is equivalent to having earned $100 10 years ago. This is a difficult question because a car is a depreciating asset, which means the real value of the car will go down in value over time. Let us suppose that inflation doesn't exist and the car you bought for $100 today will depreciate to $90 after 1 year (a 10% depreciation). But because inflation does exist, and all prices will be 0.5% higher in 1 years time, we can calculate the true selling price of the car 1 in year as follows: 0.5% of $90 = 0.005*90 = $0.45 Therefore the car will be $90 + $0.45 = $90.45 in 1 years time. If inflation is low, then the repayments do not get much easier to pay back over time because wages have not risen by as much.  Similarly the value of your underlying asset will not increase in value by as much. However as compensation, the interest rates on loans are usually lower when inflation is lower. Therefore generally it is better to get a loan in times of high inflation rather than low inflation, however it really depends on how the much the interest rates are relative to the inflation rate."}
{"_id": "519597", "title": "", "text": "1.  I knew that (the guy in this article didn't, btw, as the very first thing he said is that he shorted it on opening at $42). 2.  Even if you followed my advice and shorted it on day 2, ***you still would have made a killing***."}
{"_id": "519608", "title": "", "text": "I think that some asset classes should be better protected from arbitrage.  Its not possible to prevent either greed or information asymmetry so high market volatility will continue to get worse.  However, secondary transactions directly or indirectly involving assets of a protected class:  * Food - agriculture futures, farm land mortgages, seed licenses, etc...  * Housing - Resales, mortgages, any mortgage derivatives  * Medicine - Insurance policies, drug licenses, medical debt  * Education - Debt and derivatives  Should be heavily taxes to discourage destructive arbitrage.  This will not hurt investment (in the capitalist sense) because such transactions are purely speculative."}
{"_id": "519609", "title": "", "text": "\u201cOff the rails\u201d my ass. It\u2019s pretty obvious kids have a choice: take on absurd levels of debt and \u201clearn\u201d or make money. If you\u2019re not going to be a doctor or biologist, you can get a sales job with an undergrad and avoid subjecting yourself to further debt/delusion.  It\u2019s no big loss Trump missed out on all those highly indoctrinated (or \u201ceducated\u201d) sociologist/economist votes. They\u2019re compliant tribalists. Who won the engineers? Who won the computer scientists?"}
{"_id": "519611", "title": "", "text": "\"Like why don't people like you, just say \"\"Fuck poor people. It's my money and I don't want it spent on people I deem underserving. I got mine and if I got lucky or a Handout, tough titty. What's mine is mine\"\" instead of replying to points I never stated and using trash sarcasm\""}
{"_id": "519619", "title": "", "text": "I made upwards of 3M from 200K by trading stocks, which I made from a business that I invested 20K in.  HOWEVER, DO NOT use trading stocks as a source of income, you're gambling with your precious cash. There are safer alternatives."}
{"_id": "519633", "title": "", "text": "You said the tax assessor gave you an appraised value, but I think you mean assessed value. This article YOUR HOME; Market vs. Appraisal: What's the Real Value? explains the differences pretty well."}
{"_id": "519640", "title": "", "text": "Congratulations on your engagement, and on your desire to begin your marriage debt free. Your fianc\u00e9e can give you up to $14,000 per year as a gift without having to pay any gift tax.  Above that, there are lifetime gift/estate tax exclusions that apply.  You, as the recipient of the gift, do not pay any tax on it.  (It is not considered income for you.) Having said that, I would not advise the two of you to have her pay money on your debt before you are married.  The reason is this: You aren't married until you are married.  If something happens between now and then and the wedding is postponed/called off, you do not want to feel like you are in debt to her, and you do not want her to feel that she lost money because of you. Obviously, you do not want or expect that to happen.  So, instead, I recommend that your fianc\u00e9e saves up her income.  I'm assuming that the two of you don't want to go into debt paying for the wedding/honeymoon, so make sure that you have enough cash to pay for that.  After that is covered, she can save money toward your student loans, but keep the money in a savings account.  Once you are married, the money and the debt both belong to both of you.  The day after the two of you get back from the honeymoon, she can write the check to pay off the debt, and you've got a great start to your future."}
{"_id": "519644", "title": "", "text": "Wrong sub. You're looking for /r/personalfinance   &gt;will freezing just that credit report hurt them in any way?  No, but it will help prevent an identity thief from wrecking your credit.   &gt;Can I still get a loan with only one of the three frozen?  Depends, but yes. You should freeze your credit at all 5 credit bureaus for personal financial protections."}
{"_id": "519652", "title": "", "text": "I've seen this tool.  I'm just having a hard time finding where I can just get a list of all the companies.    For example, you can get up to 100 results at a time, if I just search latest filings for 10-K.  This isn't really an efficient way to go about what I want."}
{"_id": "519657", "title": "", "text": "The problem is that's all Chipotle has going for it... a big ass burrito with a handful of toppings. Once you eat there twice you've pretty much had all Chipotle has to offer unless you'd like to try a burrito in a bowl. Not exactly a well thought out menu. I don't see Chipotle standing the test of time unless they expand their menu and market. It's just boring after a couple times. You get way too much food also so any claim to being healthy is BS."}
{"_id": "519661", "title": "", "text": "\"How about doing a Lease Option with a very long term and a very early \"\"option\"\" for the guy buying.  Essentially he will be making your mortgage payments for the next couple few years.  Much less paperwork for the both of you that way. See a lawyer for the paperwork, from my limited experience with a real estate lawyer is a standard document and shouldn't cost that much.\""}
{"_id": "519663", "title": "", "text": "I understand what you mean, but for the general population the technicalities of secondary market is fundamentally a grey area. However, in my opinion, leading financial institutions such as GS, I expect them to make prudent decisions that is both ethical &amp; sustainable for the society as whole, even though it might not be feasible all the time."}
{"_id": "519675", "title": "", "text": "There are a few ways you can go about paying this off quickly (and safely): You could start paying $386 monthly (ie, double what you're paying now). You'll pay less interest in the long run because they can only charge you for the amount outstanding. Remember, 6.8% of $12k is more than 6.8% of $6k. However, your plan sounds more sensible. Say you get to $6k paid off and $6k saved, you're able to pay off what's left and that's almost $200 a month you'll have extra. Although what I like about this is - if you become ill, lose your job, or whatever, then you're still able make the $193 payments, PLUS you'll have money saved for day-to-day expenses (food, water, gas, electricity, etc.) long enough to see yourself through. PS. They may charge you a settlement fee because if you pay early then they miss out on money... but check your contract with them first. Hope this helps!"}
{"_id": "519687", "title": "", "text": "I believe tax code reform is a definite need.  But the push for Free Market is definitely not what needs done.  Before you remove shackles, you have to make sure you have handled the very reason the shackles were put on in the first place."}
{"_id": "519692", "title": "", "text": "\"For a car, you're typically compelled to carry insurance, and picking up \"\"comprehensive\"\" coverage (fire, theft, act of god) is normally cheap. If the car was purchased with a loan, the lender will stipulate that you carry comprehensive and collision insurance.  People buy insurance because it limits their liability. In the grand scheme of things, pricing in a fixed rate of loss every year (insurance premium + potential deductible) is appealing to many versus having to cover a catastrophic loss when your car is wrecked or stolen.\""}
{"_id": "519744", "title": "", "text": "UBI is a farce. Create a system where people continuously vote on how much money the government should give them - yeah if you're rich you're just gonna sit around and have your taxes increased every year? Unless we have some sort of global government, UBI will just shift resources and capital to countries that don't have UBI - not to mention the massive immigration issues UBI will cause. Free money? Let's move to that country"}
{"_id": "519745", "title": "", "text": "Yes, selling premium is selling an option that contains premium over it's intrinsic value. Out-of-the-money options contain no intrinsic value, at the money and near the money options contain premium over the intrinsic value. The deeper in-the-money go, the less premium there is."}
{"_id": "519750", "title": "", "text": "If your employer offers a 401(k) match, definitely take advantage of it. It's free money, so take advantage of it!"}
{"_id": "519753", "title": "", "text": "This is news?  Keynesians were making noise about this years ago and nobody listened.  There were headline articles and blog posts in the NYT in 2010 and nobody listened.  Krugman clamored on about it for all of 2011 and nobody listened.  OWS screamed for a year and nobody listened.  And now Bloomberg rehashes what has been said all along and people finally pick up on it?  Give me a fucking break.  We're years late to this party and a lot of damage has been done as a result.  I'm glad the facts are finally getting some of the traction they require but wow, what a fucking joke."}
{"_id": "519754", "title": "", "text": "Is the growth sustainable at the company you're currently at?  Did you have a hand in driving a success metric at your company (either by bringing in more clients, or bigger clients than the other guy)? If so, point it out and ask for a raise before you leave.  If you leave would you be able to mimic the success you've had direct contribution to at your current position to success at the other one? If so, leverage that and the raise you asked for into higher pay at the next stop."}
{"_id": "519781", "title": "", "text": "\"When the buyout happens, the $30 strike is worth $10, as it's in the money, you get $10 ($1000 per contract). Yes, the $40 strike is pretty worthless, it actually dropped in value today. Some deals are worded as an offer or intention, so a new offer can come in. This appears to be a done deal. From Chapter 8 of CHARACTERISTICS AND RISKS OF STANDARDIZED OPTIONS - FEB 1994 with supplemental updates 1997 through 2012; \"\"In certain unusual circumstances, it might not be possible for uncovered call writers of physical delivery stock and stock index options to obtain the underlying equity securities in order to meet their settlement obligations following exercise. This could happen, for example, in the event of a successful tender offer for all or substantially all of the outstanding shares of an underlying security or if trading in an underlying security were enjoined or suspended. In situations of that type, OCC may impose special exercise settlement procedures. These special procedures, applicable only to calls and only when an assigned writer is unable to obtain the underlying security, may involve the suspension of the settlement obligations of the holder and writer and/or the fixing of cash settlement prices in lieu of delivery of the underlying security. In such circumstances, OCC might also prohibit the exercise of puts by holders who would be unable to deliver the underlying security on the exercise settlement date. When special exercise settlement procedures are imposed, OCC will announce to its Clearing Members how settlements are to be handled. Investors may obtain that information from their brokerage firms.\"\" I believe this confirms my observation. Happy to discuss if a reader feels otherwise.\""}
{"_id": "519798", "title": "", "text": "\"Not at all. The Millionaire Next Door offers a book full of anecdotes on couples that earned money and saved their way to being millionaires. I believe about 1/3 or so had businesses, but the rest were employed and simply saved wisely.  $3860/yr saved for 40 years at 8% will return $1M. Adjust the numbers to hit a million sooner or reach a higher goal.  The Author might be accused of survey bias. This is the phenomenon of studying the final results without looking at the pool of people years prior. Little Adv' is correct that while 1/3 of millionaires may have gotten that way by starting a business, that says nothing about how many businesses need to start to find the one millionaire that resulted.  I view the book more as a lesson of \"\"spend beneath your means\"\" and focus on his anecdotes of the dual income couples who saved their way to this status. If you are in no rush, get this book from your library and spend the few hours to read it. In response to my Friend Dilip's comment, MoneyChimp offers a good look at compound growth (for the S&P) over time. The 40 years ending 2012, which obviously include the 'lost decade,' returned a CAGR of 9.78%. Not to be confused with the average 11.43%. When I pull the numbers for each year's return and apply an annual $3860 deposit, the 40 years ends with $2.2M. A 1% fee, or 1% lower return resulted in $1.6M.  If 8% isn't conservative, of course you can run the numbers you wish. The 40 years contained both a lost decade and two great ones. Will the 3 decades post-lost average to get the Quad-Decade period to 8%+? I don't know.\""}
{"_id": "519801", "title": "", "text": "\"Had they made a billion dollars it still wouldn't be arbitrage. The definition of arbitrage is \"\"the simultaneous purchase and sale of similar commodities in different markets to take advantage of price discrepancy\"\". What they did was take advantage of a loophole where they took free money to buy more free money. I believe the American government calls that Quantitative Easing. Bazinga.\""}
{"_id": "519830", "title": "", "text": "Neither party gives an F about the consumer.   The real issue is class action lawsuits, in which the consumer gets shafted and the lawyers make a killing.   Real class action reform would not come in the form of favoring arbitration over lawsuits (or vice versa) but in requiring that attorneys\u2019 fees in class action suits be paid in the same form as the payment to consumers and requiring that people opt-in to join a class, rather than having to actively opt-out. Ending payment of attorneys\u2019 fees in cash but consumers getting coupons (which are only good one buys more of the alleged wrong-doing firms\u2019 products/services) would ensure consumers get a fair shake.  This would hurt the lawyer lobby, and thus most Democrats (and many Republicans) would never support it. Requiring people to opt-in to class-action suits (rather than go through a long process of opting-out) would reduce the number of frivolous class action suits.  Again, this would hurt the lawyer lobby, and thus most of our politicians wouldn\u2019t support it. In short, it comes down to most Democrats favoring the lawyer lobby over the business lobby, and most Republicans favoring the opposite. Neither cares about the consumer/citizen."}
{"_id": "519831", "title": "", "text": "Contrary to the popular belief, handling such remote workers in an efficient manner requires candidates to possess special skills and qualities, which are often quite different from the skills of onsite managers. That is why business organizations often seek the services of professional executive search consultants for finding the right candidates having the following qualities."}
{"_id": "519845", "title": "", "text": "\"A \"\"fiat\"\" currency is non-convertible paper currency that a government establishes as legal tender. Most countries today are using fiat currencies. The rest have currencies pegged (or convertible to) US Dollars (which is a fiat currency). In the past, money was usually based on precious metals such as gold or silver. Until the end of the gold standard, you could theoretically go the the US Treasury with a US Note or Federal Reserve Note and convert the note into a fixed quantity of gold or silver (depending on the note). The US had a bi-metallic currency policy for political reasons, which means that money was backed by both gold and silver.\""}
{"_id": "519856", "title": "", "text": "One opinion related to savings is to save 30% of your take home salary every month, split the amount into two parts depending on your age (29) one part would be 30% of 30% and another 70% of 30%. Take the 70% and buy blue chip stock and take the 30% and buy govt. bonds. Each 10 years adjust the percentages at 40, 40% on bonds and 60% on stock. Only cash out on the day you retire, otherwise ignore all market/economic movements. With this and the statutory savings (employment retirement) you should be ok."}
{"_id": "519860", "title": "", "text": "It is not legal to receive large amounts of money that you cannot explain. If you receive more than 10,000\u20ac (or even with smaller amounts regularly) there may be an investigation for money laundering or other tax evasion schemes.  If you have a reasonable explanation backed with records of where the money came from, there shouldn't be any problem to explain the money and pay taxes appropriately, but in the case of an anonymous gift, there is no reason for authorities to believe that it was a gift. Your best option if you do receive such an anonymous gift is to report it and allow authorities to investigate its source."}
{"_id": "519877", "title": "", "text": "If they own enough shares to vote to sell, you will be paid the offer price quoted to you. At that point if you do not wish to sell your only recourse will be to file a lawsuit. This is a common tactic for significant shareholders who have a minority stake and cannot block the sale because they have insufficient voting rights. What usually happens then is that they either settle the lawsuit out of court by paying a little more to the holdouts or the lawsuit is thrown out and they take the original offer from the buyer. Rarely does a lawsuit from a buyout go to trial."}
{"_id": "519878", "title": "", "text": "What the fuck are you talking about. How does religion personally insult you on a daily basis? Do they insult you by serving you free food because you're homeless? Do they insult you by running orginizations that pay for peoples gas or electric bills in the winter seasons so they don't freeze to death?   Seriously people, what the fuck are you doing in your daily life? You're doing fucking nothing with it and you're just on reddit all day making shit up to bitch about, right? I work at a Catholic run non-for profit hospital which treats many children for free even from money we make at fundraising events. Is that so fucking terrible? That children are living because of money this hospital makes through the help of the archdiocese in my city?  Know what's funny? I can manage to be agnostic and not be a judgmental prick just because someone is christian, as long as they don't take it in their own right to attack my own beliefs or try and push their beliefs on me (which has never happened to me in my entire 21 fucking years)."}
{"_id": "519885", "title": "", "text": "I suspect this is related to the fact that Blue Apron completed its IPO very recently and insider shares are likely still under a lockup period.  So in the case of APRN stock only the 30mm shares involved in the IPO are trading until the insider lockup expires which is usually about 90 days."}
{"_id": "519897", "title": "", "text": "Yeah, this was a big deal with hotels jamming cell signals to force people to buy their wi-fi. Many fines have been handed out, with bipartisan agreement. I doubt Amazon would be so audacious, and they'd eventually get reemed. Beyond that, politicians still seem to dispise Amazon for allegedly dodging taxes."}
{"_id": "519906", "title": "", "text": "I agree. I'd like to acquire as many assets as possible before making it official. Since we are currently in Ohio, which I think means that assets and debts are not combined. Once I get this one going, I want to start another one here, if I have the time to do it."}
{"_id": "519923", "title": "", "text": "I'm pretty sure this isn't a /r/personalfinance question. Sounds like you have that on lock. You are asking some existential questions. Maybe find a way to travel or vacation for a month. Don't sacrifice what you have worked for in a temporary feeling of doing the wrong thing."}
{"_id": "519929", "title": "", "text": "\"Sure it is.  I plug it in when I park it, I go do whatever other things I was going to do anyway, and when I use the car it's got the charge I need to get where I need to be.  How is that functionally different from it taking 5 seconds to charge?  I have spent less time charging in the years I've owned an EV than I spent in gas stations over the same amount of years owning a gas car.  Therefore, the EV takes less of my time to charge.  And I'm telling you this because I've actually experienced both.  And EV owners who have actually experienced both can tell you that the EV is generally more convenient to use.  You don't have to go out of your way and spend your time and money at a gross gas station, the car just gets charged in the same place it's parked all the time anyway.  Cars spend 95% of their time parked, might as well make that time productive.  If you're that concerned, make your next car a PHEV with enough range to cover your daily driving (so a Volt, maybe Clarity PHEV, or i3 with \"\"range extender\"\" option) and then you'll experience how much more convenient it is to charge and how you'd much rather do that than go to gas stations.\""}
{"_id": "519941", "title": "", "text": "\"The risk of any investment is measured by its incremental effect on the volatility of your overall personal wealth, including your other investments.  The usual example is that adding a volatile stock to your portfolio may actually reduce the risk of your portfolio if it is negatively correlated with the other stuff in your portfolio. Common measures of risk, such as beta, assume that you have whole-market diversified portfolio. In the case of an investment that may or may not be hedged against currency movements, we can't say whether the hedge adds or removes risk for you without knowing what else is in your portfolio.  If you are an EU citizen with nominally delimited savings or otherwise stand to lose buying power if the Euro depreciates relative to the dollar, than the \"\"hedged\"\" ETF is less risky than the \"\"unhedged\"\" version.  On the other hand, if your background risk is such that you benefit from that depreciation, then the reverse is true. \"\"Hedging\"\" means reducing the risk already present in your portfolio.  In this case it does not refer to reducing the individual volatility of the ETF.  It may or may not do that but individual asset volatility and risk are two very different things.\""}
{"_id": "519950", "title": "", "text": "Presumably you need a car to get to work, so let's start with the assumption that you need to buy something to replace the car you just lost. The biggest difficulty to overcome in buying a car is the concept of the monthly payment. Dealers will play games with all of the numbers to massage a monthly payment that the buyer can swallow, but this usually doesn't end up giving the customer the best deal. The 18 month term is not normal for a lease, typically you'll see 24 or 36 months. You are focusing on another goal of paying your student loans by then which would free up much more money for other wants (like a car) but at what cost? The big difficulty of personal finance is the mental mind game of delaying gratification for greater long-term benefit. You are focusing on paying your student loans now so that you can be free of that debt and have more flexibility for the future. Good. You're tempted to spend another $5400 (assuming no down-payment or other surprise fees) to drive a car for 18 months. That doesn't sound any wiser than $5,000 for an unreliable used car that gave you more problems than you bargained for. Presumably you got some percentage of that money back from the insurance company when the car was totaled, but even if not, the real lesson should be finding a car that you can afford up-front, but also one that you can still use when the loan is paid off (like your education--that investment will keep giving even when the loans are a distant memory). My advice would be to look for a car that has about 30k miles on it and pay for it as quickly as possible, then drive it at least for 70-120k more miles before replacing it. You may wish for a newer car, especially in 3 or 4 more years when it starts to show its age, but you'll also thank yourself when you can buy a newer better car with cash and break out of the monthly payment game that dealers try to push on you. You might even enjoy negotiating with car salesmen when you see through their manipulations and simply work for the best cash price you can get."}
{"_id": "519957", "title": "", "text": "\"To be fair, Kodak has always been at the forefront of Digital photographic technology - this article seems to paint a picture of a company which has taken its foot off the accelerator, as opposed to a much more typical scenario of the company that *develops*  the technology almost never being the one which successfully *exploits*  it.  20 years ago Kodak invented the Photo-CD - ahead of its time in many ways, it basically flopped as the mass market was not really technically prepared to be able to use the format - it ended up gaining at least a fair level of acceptance among professional photographers...  in 1975 the first digital camera (as noted) was built using then-new CCD image sensor technology at Kodak Eastman by engineer Steven Sasson - a decade later Kodak scientists developed the world's first MegaPixel sensor, capable of producing a photo-quality 5x7\"\" print, in 1986...  the first camera to use Compact-Flash - a format still popular today - was the Kodak DC-25 in 1996...  in 2000 Kodak teamed up with Qualcomm to develop the core technologies for the creation of high-quality digital cinema systems - to give credit where it is due, Sony has largely been the driving force behind digital cinema for the last ten years...  in 2001 Kodak introduced the EasyShare digital camera and (in 2003) printer dock, allowing many households to finally enter the Digital age Kodak had promised a decade earlier with the Photo-CD - solid-state storage technology such as Compact-Flash by now basically replacing the CD as the preferred medium...  it also launched the first Digital Photo Frame around the same time - the \"\"Smart Frame\"\" licensed to Kodak by Weave Innovations, it could download images from Weave's online Story Box network, or you could load images onto it via Compact-Flash...  in 2005 Kodak launched the EasyShare Photo Printer 500, for use with virtually any brand of digital camera and recently introduced camera phones, and in 2006 it entered into partnership with Motorola for purposes of global cross-licensing and marketing around mobile imaging products - in 2007 it had a similar arrangement with Sony-Ericsson and in 2008 introduced the world's first 1.4micron 5 Megapixel sensor - developed specifically for mobile phones...  I think it is a mistake to categorise Kodak as a company which \"\"couldn't foresee a future in which film had no role in image capture\"\" or, as an early adopter of internet and online distribution one that is \"\"dependent on outdated distribution technologies\"\" and while it is true that \"\"consumer demand for Kodak's traditional products has evaporated\"\" it is also equally true that Kodak has expanded its interests far beyond those traditional products - from printing and long-lasting dye technologies, to photo frames and the development and patenting of OLED technology, through to the \"\"Easyshare\"\" philosophy of connecting cameras and phones and printers and even those frames to wirelessly share your digital photos - even to being involved in the Mars Rover project and developing CCD technology for Space - this is a company which may not be pulling in the major profits of days gone by,  but it is *not*  from a lack of foresight!  Either way, it is rather sad they became such a minor player in a market they helped create.\""}
{"_id": "519961", "title": "", "text": "Do we need salespeople anymore?  Do I need someone who may or may not know their shit when I can research online with various sources?  Paying all these salespeople who come off as forcing a deal isn't what 2017 retail should be about.  Go in your BB.  Look at potential TV buyers ask questions.  Then listen to the salespeople.  We have Magnolia in BB around here and they actually know what they are talking about but most BB without them do not."}
{"_id": "519963", "title": "", "text": "I don't think it has to be either-or. You can profitably invest inside the SIMPLE. (Though I wouldn't put in any more than the 1% it takes to get the match.) Let's look at some scenarios. These assume salary of $50k/year so the numbers are easy. You can fill in your own numbers to see the outcome, but the percentages will be the same. Let it sit in cash in the SIMPLE. You put in 1%, your employer matches with 1%. Your account balance is $1,000 (at the end of the year), plus a small amount of interest. Cost to you is $500 from your gross pay. 100% return on your contributions, yay! Likely 0-1% real returns going forward; you'll be lucky to keep up with inflation over the long term. Short term not so bad. Buy shares of index ETFs in the SIMPLE; let's assume the fee works out to 10%. You put in 1%, employer matches 1%. Your contributions are $500, fees are $100, your balance is $900 in ETFs. 80% instant return, and possible 6-7% real long term returns going forward. Buy funds in the SIMPLE; assume the load is 5%, management fee is 1% and you can find something that behaves like an index fund (so it is theoretically comparable to above). 1% from you, 1% from employer. Your contributions are $500, load fees are $50, your balance is $950. 90% instant return, and possible 5-6% real long term returns going forward (assuming the 6-7% real returns of equities are reduced by the 1% management fee). (You didn't list out the fees, and they're probably different for the different fund choices, so fill in your own details and do the math.) Invest outside the SIMPLE in the same ETFs or equivalent no load index funds; let's assume you can do this with no fees. You put in the same 1% of your gross (ignoring any difference that might come from paying FICA) into a self directed traditional IRA. At the end of the year the balance is $500. So deciding whether or not to take the match is a no brainer: take it. Deciding whether you should hold cash, ETFs, or (one of two types of) funds in your SIMPLE is a little trickier."}
{"_id": "519967", "title": "", "text": "No. You will be penalized for taking your 25k out so you will only get like 18k out. Plus you can slowly pay back the credit cards but you can't build up the 401k as fast. You can also try a service that can negotiate the amount down for you (so you would only pay 16k or something).   Protect the 401k."}
{"_id": "519974", "title": "", "text": "Symptoms of this condition vary from person to person. However, when quality of life is already affected and sufferers wish to go back to normal activities like running in popular trails like the Cherry Creek Path, perhaps it\u2019s time to consider deep-tissue massage in Denver for pain relief."}
{"_id": "519980", "title": "", "text": "\"*A Libertarian's take on the above passage*:   As long as capitalism is actively working, businessman and profiteer are synonymous, and neither is bad; neither will be able to stay in business without benefitting society by keeping willing customers.  So where does the above ideal fall apart?  Monopoliesl. Adam Smith himself warned about natural monopolies (think Rockefeller, Carnegie, and Vanderbilt, yet I personally wouldn't call them demons).    Yet, I can't think of a single example of one of them today, yet we still have a massive number of demons obstructing capitalism.  **The real demons are government-sanctioned monopolies**.    * Giant barriers to entry, permits, certifications, extensive tax code, licenses, etc are only the beginning.    * A patent grants an automatic 20-year monopoly, for better or for worse.  For medicines, probably worse.  * Did you know you can patent a fucking *gene* now?  Government-supported.  *  Software and design patents are so broad it's trivial for any established firm to put a newcomer out of business simply through legal bullying.  * What if the people are unhappy with which defense contractor the gov't picks to do work in Iraq?  Is that capitalism?  * The government pretty much gave at&amp;t a blank check to \"\"own\"\" the entire Internet backbone as long as they *promised* to invest the money and not dump it to their shareholders (*cough*).  * Cable TV trusts... Argh, corruption at its finest.  My family only has the \"\"choice\"\" of a single cable provider because of the gov't approved anti-competitive practices.  Zip code 18015.  Not exactly a remote area, either.  All the above examples are clear abuses of power, and none would disagree other than the direct beneficiaries.  Where does the Libertarian perspective diverge from the Keynesian one, then?  * Keynesians believe that we need rules in place to prevent companies from exploiting positions like these.  * Libertarians believe that the government should not have the power in the first place to enable these abuse methods to arise in the first place.\""}
{"_id": "519983", "title": "", "text": "&gt; and beautiful to see a lecherous industry taken down a peg.  This could be a view we feel about Amazon in the future. We just happen to hate the pharmaceutical ~~industry~~ business more right now.  edit: correction, pharmaceutical business, not industry. big difference. thanks /u/dakatabri"}
{"_id": "520000", "title": "", "text": "I looked into the investopedia one (all their videos are mazing), but that detail just was not clear to me, it also makes be wonder, if a country issues bonds to finance itself, what happens at maturity when literally millions of them  need to be paid? The income needs to have grown to that level or it defaults? Wouldn't all the countries default if that was the case, or are bonds being issued to being able to pay maturity of older bonds already?  (I'm freaking myself out by realizing this)"}
{"_id": "520026", "title": "", "text": "You could do a voluntary repossession. While a repossession never looks good on your credit a voluntary repossession is slightly better. A good friend of mine had a situation like this about 11 years ago.  She was in an accident didn't have replacement coverage insurance and was left with a large chunk of debt on a wrecked vehicle that she then rolled into a new car. In the end it came down to the simple fact that she could not afford a car loan on a vehicle that never was worth as much as she owed.  Since the car was worth less than the loan she really couldn't sell it to fix the problem. She called and arranged a voluntary repossession.  She stopped making payments, and parked the car till they came and picked it up.  (Took about 4 months and 20 phone calls from her for them to come get it.)  In the mean time, I purchased her a much older used but decent car for a couple thousand and she paid me back over the next year.  The total she paid me back was less than the money she would have paid in the 4 months it took them to come get the car.  In fact by the time they picked up the car she had paid back over half on the car I bought her. Yes the repossession did stay on her credit for seven years but during that time she was approved for a mortgage, cellphone plans, and credit cards etc.  Therefore I don't know that it did that much damage to her credit. When her car was sold at auction by the repo company it sold for much less than the loan amount. Technically she was on the hook for the remaining amount. The outstanding balance on the loan was then sold several times to several different collection agencies. Over the years since then she has gotten letters every now and then demanding she pay the amount off, she ignores these.  Most of these letters even included very favorable terms (full forgiveness for 20% of the amount)  At this point the statute time has run out on the debt so there is no recourse for anyone to collect from her. The statute time limit varies from state to state.  Some states it is as long as 10 years in others it is as short as 3 years. What this means is that counting from the date of the repossession, incurrance of debt, last payment, or agreement to pay whichever is later if the statute period has elapsed and the lender/collector has not filed a suit against you by the end of the period then they have effectively abandoned the debt and cannot collect.   Find out what that period of time is in your state.  If you can avoid the collection agencies till that period runs out you are scott free. You just have to make sure that you do not ever send them any money, or agree to pay them anything as this resets the calendar. If you do not want to wait for the calendar to run out if you wait long enough you will probably be offered favorable terms to pay only a fraction of the remaining amount, you just have to wait it out. Note, I normally would not endorse anyone not paying off their debts.  However sometimes it is necessary and it is for this type of situation that we have things like this and bankruptcy."}
{"_id": "520047", "title": "", "text": "No. You have been purchasing protection from unexpected emergencies. You got the protection you paid for. That money has been spent. Some insurance plans do pay you something at the end. They do this by charging you additional money, and investing it. At the end, you get some of the profit n that investment, after the company has taken payments for managing this account. You can do better by setting up your own investments, separate from the insurance."}
{"_id": "520055", "title": "", "text": "\"&gt; PayPal isn't even the largest, let alone the only processing company,  You could say the same about any public utility. (except the one largest one, technically)  &gt; And Visa/Mastercard don't control the issuing of cards to individuals, banks do.  My point was that VISA/MasterCard have stepped in to block on the merchant side, in the case of WikiLeaks. Are you saying they are unable, *both* contractually *and* technically, to affect the consumer side?  But also by selectively quoting me you are (deliberately?) side-stepping what *actually happened* in the WikiLeaks case, to focus on the consumer side.  &gt; No one is denying legal use of money and PayPal is nowhere close to having a monopoly.  You must buy things in different corners of the Internet than I do. The customer experience (to me) is that there is \"\"the store\"\" or you can pay with PayPal. Yes, \"\"the store\"\" is actually a payment processor but this is a quick slippery slope to \"\"what? You can just set up your own payment processor once they've all blocked your legal business\"\".\""}
{"_id": "520075", "title": "", "text": "&gt;[**Scheriton! \u041d\u043e\u0432\u044b\u0439 \u043c\u0430\u0439\u043d\u0438\u043d\u0433! \u041f\u043e\u0434\u0430\u0440\u043e\u043a 100 GHS! \u0422\u043e\u0440\u043e\u043f\u0438\u0441\u044c, \u0441\u0442\u0430\u0440\u0442\u0443\u0439 \u0432\u043c\u0435\u0441\u0442\u0435 \u0441 \u043d\u0430\u043c\u0438! \u043d\u0435 \u0443\u043f\u0443\u0441\u0442\u0438 \u0432\u043e\u0437\u043c\u043e\u0436\u043d\u043e\u0441\u0442\u044c!!! [3:06]**](http://youtu.be/5ky1UlGi-d8)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^3 ^views ^since ^Aug ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "520079", "title": "", "text": "according to the Options Industry council ( http://www.optionseducation.org/tools/faq/splits_mergers_spinoffs_bankruptcies.html ) put options  the shares (and therefore the options) may continue trading OTC but if the shares completely stop trading then: if the courts cancel the shares, whereby common shareholders receive nothing, calls will become worthless and an investor who exercises a put would receive 100 times the strike price and deliver nothing. The reason for this is that it is not the company whose shares you have the option on that you have a contract with but the counterparty who wrote the option. If the counterparty goes bankrupt then you may not get paid out (depending on assets available at liquidation - this is counterparty risk) but, unless the two are the same, if the company whose shares you have a put option on declares bankruptcy then you will get paid"}
{"_id": "520080", "title": "", "text": "There's a difference between a functioning financial system and the unregulated dysfunctional one we have now.  Apple can still make IPads if there's some reasonable usury law, and  if there's separation between government-insured deposits in banks and investment banks, as there was prior to Gramm-Leech-Bliley.  Apple could also operate if there were some reasonable regulations on derivatives and all those other obscure financial Instruments.  Apple could also operate if commodities markets weren't wide open to speculation.  Apple could also operate if there were some reasonable regulations in place to stop vulture capitalists from cracking working companies open like ripe nuts, extracting all the value, and then discarding the bankrupt husks.  None of this stops an actual business from running."}
{"_id": "520087", "title": "", "text": "I remember when humorist Dave Barry discussed some guy who invented the software that guaranteed that no two airline passengers ever paid the same fare.  As with much of Dave Barry's stuff, it has way too much truth in it. Research when the best time frame to buy your tickets is.  It varies wildly with time of day, time of week, time of year, whether the plane is half-empty or not, which airline you're traveling on, etc. Beyond that, if you can rack up frequent flier miles fast enough, you maybe can offset the cost of one of those trips."}
{"_id": "520088", "title": "", "text": "Elders are there because they are old, not because of selfishness. So?   You don't see them generating massive wars, child prostitution or torture either. By the way, during the race to space the first one to invent the cellphone, get a satelite into space, a man into space, a woman into space was the Soviet Union. Was that the selfishness model too?"}
{"_id": "520098", "title": "", "text": "\"A derivative contract can be an option, and you can take a short (sell) position , much the same way you would in a stock. When BUYING options you risk only the money you put in. However when selling naked(you don't have the securities or cash to cover all potential losses) options, you are borrowing. Brokers force you to maintain a required amount of cash called, a maintenance requirement. When selling naked calls - theoretically you are able to lose an INFINITE amount of money, so in order to sell this type of options you have to maintain a certain level of cash in your account. If you fail to maintain this level you will enter into whats often referred to as a \"\"margin-call\"\". And yes they will call your phone and tell you :). Your broker has the right to liquidate your positions in order to meet requirements. PS: From experience my broker has never liquidated any of my holdings, but then again I've never been in a margin call for longer then a few days and never with a severe amount. The margin requirement for investors is regulated and brokers follow these regulations.\""}
{"_id": "520101", "title": "", "text": "Yes.  Have been a Product Manager.  Key difference is: CEO has responsibility for Capital Allocation.  Product Manager doesn't do that.  Product Manager has a boss, who is an FTE of the same company, reviewing their expenses.  Has to ask permission for a day off.  All sort of other things.  Not the same.    It's a stupid metaphor, designed to inflate the ego of the target.  And the targets love it."}
{"_id": "520114", "title": "", "text": "I believe it.  I'm in IT in a company that I've been trying desperately to push to go 100% digital.  We're being cockblocked by several board members and one of our accreditation firms is saying it's a no-go.  The accreditation firm still makes us respond to letters by filling them in with a typewriter.  It's not on special paper or even any sort of letterhead.  It doesn't make any sense.  Our HR director that was fired several months ago was solely advertising job openings in newspapers.  They were hiring people that don't even know how to copy and paste or add two cells in excel.  Then they wonder why important billing gets fucked up after these people handle those documents."}
{"_id": "520116", "title": "", "text": "\"I have a mildly exceptional relationship with Social Security. When I was eight years old my father died, leaving nothing but a mountain of debt and an apartment full of trinkets. My mother received Social Security Survivor benefits checks in lieu of his child support payments, which kept me fed and clothed until I graduated high school. She also worked, sometimes multiple jobs, and did what she could to provide health and stability. I consider myself privileged even though we were often financially ... Disadvantaged.   When I graduated high school and the checks from Social Security ended, I went on to college, financed a good portion of it, but also received a lot of scholarships and aid along the way.   As I near 30, I still wear enough student debt equivalent of a new, mid-class sedan, but I am financially solvent, work a good job, and can afford my own rent, child support, actual child costs, and regular living expenses. While I can still ferret away some of my income into my 401(k), I still need to save for my child's education. I still need to save up for a home. I still have to save up for \u2013 and often spend for -  a more immediate future.  I do not anticipate Social Security being available to  in any meaningful sense of the word, when I retire. But I \"\"already got mine\"\" in a sense, and I consider my SSI deductions to be contributions back into the system that kept me fed, kept me healthy, an kept me teachable.   I preferred the notion that Social Security didn't become available until someone had exceeded their life expectancy. I preferred the notion that Social Security should never need to be used by anyone. I would much rather the safetynet never be depended upon. But the contributions were much appreciated all the same, and I can now appreciate how those contributions need to be a bit more randomized, more spread across the populace.   I am pretty sure this is enough to have people shrieking a me that I'm done kind of socialist. All I know is that I miss that 4% from my paychecks (and I'll miss the full 6% when the \"\"holiday\"\" ends) but that it might help someone thrive, like it did me.   My only regret is that the safety net is squandered on old people.\""}
{"_id": "520123", "title": "", "text": "\u0424\u0438\u0440\u043c\u0430\u0442\u0430 \u043f\u0440\u0435\u0434\u043e\u0441\u0442\u0430\u0432\u044f \u043d\u0430\u0439-\u0434\u043e\u0431\u0440\u0438\u0442\u0435 \u0442\u0435\u0445\u043d\u043e\u043b\u043e\u0433\u0438\u0438 \u0438 \u0434\u0440\u0443\u0433\u0438 \u0435\u043b\u0435\u043a\u0442\u0440\u043e\u043d\u043d\u0438 \u0443\u0441\u043b\u0443\u0433\u0438.\u0410\u043a\u043e \u0438\u0441\u043a\u0430\u0442\u0435 \u0434\u0430 \u0437\u0430\u043a\u0443\u043f\u0438\u0442\u0435 \u043e\u043d\u043b\u0430\u0439\u043d, \u0442\u043e\u0433\u0430\u0432\u0430 \u043c\u043e\u0436\u0435\u0442\u0435 \u0434\u0430 \u043f\u043e\u0441\u0435\u0442\u0438\u0442\u0435 \u0443\u0435\u0431 \u0441\u0430\u0439\u0442\u0430 \u043d\u0430 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u044f\u0442\u0430. \u041d\u0430\u0448\u0430\u0442\u0430 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u044f \u0435 \u0438\u0437\u0432\u0435\u0441\u0442\u043d\u0430 \u0432 \u0411\u044a\u043b\u0433\u0430\u0440\u0438\u044f. \u041e\u0441\u043d\u043e\u0432\u043d\u043e, \u043d\u0438\u0435 \u043f\u0440\u0435\u0434\u043e\u0441\u0442\u0430\u0432\u044f\u043c\u0435 \u043d\u0430 \u0431\u0430\u043d\u043a\u0430\u0442\u0430 \u0437\u0430 \u0437\u0430\u0445\u0440\u0430\u043d\u0432\u0430\u043d\u0435 \u0438 USB \u0431\u0430\u043d\u043a\u0438 \u043c\u043e\u0449\u043d\u043e\u0441\u0442 \u0434\u0430\u0432\u0430\u0442 \u043d\u0430 \u0432\u0430\u0448\u0438\u044f \u0442\u0435\u043b\u0435\u0444\u043e\u043d \u043d\u044f\u043a\u043e\u0438 \u0434\u043e\u043f\u044a\u043b\u043d\u0438\u0442\u0435\u043b\u043d\u0438 \u0441\u043e\u043a \u0432 \u0434\u0432\u0438\u0436\u0435\u043d\u0438\u0435. \u041c\u043e\u0436\u0435\u0442\u0435 \u0434\u0430 \u0433\u0438 \u043d\u0430\u043c\u0435\u0440\u0438\u0442\u0435 \u0432\u044a\u0432 \u0432\u0441\u044f\u043a\u0430\u043a\u0432\u0438 \u0444\u043e\u0440\u043c\u0438 \u0438 \u0440\u0430\u0437\u043c\u0435\u0440\u0438 \u043e\u0442 \u0440\u0430\u0437\u043b\u0438\u0447\u043d\u0438 \u0442\u044a\u0440\u0433\u043e\u0432\u0446\u0438 \u043d\u0430 \u0434\u0440\u0435\u0431\u043d\u043e, \u043d\u043e \u0437\u0430\u0449\u043e \u0434\u0430 \u043d\u0435 \u0441\u044a\u0437\u0434\u0430\u0432\u0430\u0442\u0435 \u0441\u0432\u043e\u0438 \u0441\u043e\u0431\u0441\u0442\u0432\u0435\u043d\u0438. \u0418\u0437\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u043d\u0430 3D Power bank \u0435 \u043f\u043e\u043b\u0435\u0437\u043d\u043e \u043d\u0435\u0449\u043e.\u0410\u043a\u043e \u0438\u043c\u0430\u0442\u0435 iPhone, \u0441\u043c\u0430\u0440\u0442\u0444\u043e\u043d, \u0432\u0438\u0435 \u0432\u0435\u0440\u043e\u044f\u0442\u043d\u043e \u0437\u043d\u0430\u0435\u0442\u0435, \u0447\u0435 \u0440\u0435\u0437\u0435\u0440\u0432\u043d\u043e\u0442\u043e \u043a\u043e\u043f\u0438\u0435 \u043d\u0430 \u0431\u0430\u0442\u0435\u0440\u0438\u044f\u0442\u0430 \u0442\u0440\u0430\u0435 \u043e\u043a\u043e\u043b\u043e 1 \u0447\u0430\u0441.\u041d\u0430\u043f\u0440\u0430\u0432\u0435\u0442\u0435 \u0441\u0432\u043e\u044f \u0441\u043e\u0431\u0441\u0442\u0432\u0435\u043d\u0430 \u0431\u0430\u043d\u043a\u0430 \u0437\u0430 \u0437\u0430\u0445\u0440\u0430\u043d\u0432\u0430\u043d\u0435, \u0437\u0430 \u0434\u0430 \u0437\u0430\u0440\u0435\u0436\u0434\u0430\u0442\u0435 \u0442\u0435\u043b\u0435\u0444\u043e\u043d\u0430 \u0441\u0438 \u0432 \u0434\u0432\u0438\u0436\u0435\u043d\u0438\u0435. 3D \u043f\u0443\u0431\u043b\u0438\u043a\u0443\u0432\u0430\u043d\u0430 Power Bank. \u0427\u0435\u0442\u0438\u0440\u0438\u0442\u0435 \u043a\u043b\u0435\u0442\u043a\u0438 \u043f\u0440\u0435\u0434\u043b\u0430\u0433\u0430\u0442 16 000 mAh, \u043a\u043e\u0438\u0442\u043e \u0442\u0440\u044f\u0431\u0432\u0430 \u0434\u0430 \u0438\u0437\u043b\u044f\u0437\u0430\u0442 \u0441 \u043d\u044f\u043a\u043e\u0438 \u0442\u0430\u043a\u0441\u0438. \u0421\u043f\u0438\u0440\u0430\u043b\u043e\u0432\u0438\u0434\u043d\u0438\u044f\u0442 \u043f\u0440\u043e\u0434\u0443\u043a\u0442 \u0438\u0437\u0433\u043b\u0435\u0436\u0434\u0430 \u0441\u044a\u0432\u0441\u0435\u043c \u043f\u0440\u0430\u0432\u0438\u043b\u043d\u043e \u0438 \u0438\u0437\u0432\u043e\u0440 \u0432 \u043c\u0430\u043b\u043a\u043e \u043f\u043e-\u0435\u0432\u0442\u0438\u043d\u043e \u043e\u0442 \u0437\u0430\u043a\u0443\u043f\u0443\u0432\u0430\u043d\u0435 \u043d\u0430 \u0431\u0430\u043d\u043a\u0430 \u0437\u0430 \u0437\u0430\u0445\u0440\u0430\u043d\u0432\u0430\u043d\u0435 \u0441 \u043f\u043e\u0434\u043e\u0431\u043d\u0430 \u0432\u044a\u0437\u043c\u043e\u0436\u043d\u043e\u0441\u0442."}
{"_id": "520132", "title": "", "text": "\"&gt; Is your time frame any longer than intraday? I imagine you wouldn't want to carry that risk overnight if you're a broker or selling a route..  Most brokers these days are executing in an agent capacity, so they're never holding the risk. They execute what they can, the customer keeps what they can't.   &gt; So, say for instance you join a bid a few levels down, you aren't really get filled, you start hitting the offer and eventually you realize you're competing with someone for the shares offered, so you take out the price level and bid on all the exchanges so that you're first on the bid at that level, then repeat until someone that can match your appetite starts to fill you on the bid?  Lifting* the offer (hit bids, lift offers). And I suppose that's a stategy, albeit a somewhat simple one. Passive routing strategies differ from firm to firm and algo to algo. What is your customer going to think if you bid up a new price level only for the stock to rally completely away from it?  &gt; Right, so say you need 100k shares, there are 10k offered at 9.98, 25k offered at 9.99, and 65k at 10.00, you might just enter an intermarket sweep order of 100k @ 10 limit and hope that you can get most of the shares off before everyone can cancel? I imagine there has to be a lot of bidding it up to attract sellers and then letting people take out your bids all day...  \"\"Bidding it up to attract sellers\"\" sounds an awful lot like [spoofing](https://en.wikipedia.org/wiki/Spoofing_(finance\\)), just a heads up. Sure though, if you want to tighten a spread or create new levels with aggressive passive liquidity, that is a strategy. The same caveats as I mentioned above apply.  Anyway, if market impact isn't an issue for the customer, sure, take liquidity until you're filled. Don't forget about getting good size done in the opening and closing auctions (MOO/MOC). If you're too passive you risk the market moving away from you and pissing off the customer. If you're too aggressive you risk moving the market too much and pissing off the customer.\""}
{"_id": "520146", "title": "", "text": "This actually makes sense, although it's about twice as complicated as any concept I've seen laid out in a business, rather than economics context, so it's no surprise that people (as you say) get it wrong.   Also, it emphasizes that corporate taxation is not exactly an easy thing to deal with."}
{"_id": "520149", "title": "", "text": "Apart from legal requirements to have insurance, e.g. 3rd party car that other answers have covered well. We can think of all insurance as protecting our \u201cusable\u201d income, as we can use cashflow to pay the costs of a loan to replace whatever we decided not to insure.    So for example, if I don\u2019t insure my house contents, I can replace them on my credit card if needed. Therefore we are paying for insurance out of our income, so as to protect our income, knowing that the cost of the protection is on average more than the benefit we get from it. But we all know that having an income of $50K is less than double the value of having an income of $25K.   (E.g. being able to eat and remain warm is more important to us then being able to go on anther holiday.)  This is way when someone has a higher income; it requires more money to effect their actions. Loss aversion is another factor; we are people not logistical machines."}
{"_id": "520165", "title": "", "text": "I'd start with learning how to read a company's financial statement and their annual report. I would recommend reading the following: All three books are cheap and readily available. If you really want to enhance your learning, grab a few annual reports from companies' websites to reference as you learn about different aspects of the financial statements."}
{"_id": "520171", "title": "", "text": "Are you sure that's what it means? Also why does anyone care if it's EVER been given antibiotics ?   You have drugs in your tap water and your worried if an animal has ever in it's life been sick and given antibiotics. That's mindbogglingly retarded."}
{"_id": "520177", "title": "", "text": "Actually I think direct financial kickbacks are a minor factor in this problem. In most cases a physician makes nothing from the writing of a prescription. What does influence a physician is the never ending attempts of pharmaceutical companies to 'educate' them. This goes far beyond simple drug reps visits given that most medical conventions and a goodly number of 'continuing education' events are manufacturer sponsored. There are many hidden benefits that flow from this tactic, and few could be expressed as 'direct payoffs'. It's a race between professional ethics and marketing tactics, and at least in the USA ethics are often left in the dust.  There is also another factor which may have even greater weight - the demand from patients, one's medical education/indoctrination and society in general to ''do something''. The value of literally doing nothing isn't emphasized enough in medical education; nor is it appreciated by the general public. Sometimes ''doing something'' is fairly benign. Wave your hands, prescribe a pill or engage in alternative/voodoo medicine. Most diseases will get better on their own despite the doctor's best efforts.   Once more this situation is at its worst in the USA. American physicians are notoriously aggressive and are very prone to overtreatment. Given the long standing and well documented failure of the American system to measure up in terms of outcomes compared to other countries this aggression has nothing but negative empirical support in its favour. The dismal performance of US  medicine isn't only because of its gross inequalities. There are other factors at play, and overtreatment is one. You won't necessarily get *better* treatment because you are either wealthy or have wonderful insurance, but you will definitely get *more* treatment."}
{"_id": "520182", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-21/ecb-sees-trump-administration-as-key-risk-to-global-economy) reduced by 68%. (I'm a bot) ***** &gt; The European Central Bank cited the government of U.S. President Donald Trump as a key reason why the risks to the global economy remain tilted to the downside.  &gt; &amp;quot;Since the U.S. election, pressures for more inward-looking policies have risen,&amp;quot; it said.  &gt; &amp;quot;In particular, there is significant policy uncertainty surrounding the intentions of the new U.S. administration regarding fiscal and, especially, trade policies, the latter entailing potentially significant negative effects on the global economy.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6imebn/ecb_sees_trump_administration_as_key_risk_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~149467 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **policy**^#1 **U.S.**^#2 **economy**^#3 **global**^#4 **ECB**^#5\""}
{"_id": "520199", "title": "", "text": "Which is why it's *ludicrous* that they're doing so poorly.  They were perfectly positioned to move to the online world and dominate.  They've got experience running catalogue-based sales... but their website is mediocre and they've failed to market it properly.  Unlike pure-online stores, they have a store customers can go to for service/returns and so they can shop with confidence.   Sears could've had it in the bag."}
{"_id": "520205", "title": "", "text": "Patience is the key here, I hate to say! There are five factors to FICO credit scores:  Payment history is adversely affected by late payments - so always pay on time, otherwise your report will be haunted for seven years! \ud83d\udc7b Credit utilization has to do with how much of your available credit is currently in use - lower is better, but 0% isn't good either because they want to see that you're using credit. 10% or less is a good goal, and try to keep any single card balance to 30% or less when its statement close date rolls around. Credit history is based on the average age of all of your accounts, cards or otherwise, the older the better. Don't close either of your other cards (because that would cause your average account age to fall), and make sure to use the store card at least occasionally, because lenders sometimes decide to close unused lines of credit. Credit mix has to do with the different types of credit you hold and is why your bank's website suggested taking out a loan. It also has to do with the number of accounts overall; I've never found a satisfactory answer for what the sweet spot is, but I suspect it's in the 6-12 range? You wouldn't want to get several new ones at the same time because... New credit is affected by the credit inquiries (hard pulls) that occur when you apply for new cards or loans. Inquiries stay on your report for two years before falling off. This is almost certainly where your score dropped. You also mentioned not knowing if some hospital bills are still affecting your score. You'll want to review your credit reports and find out, plus checking your credit reports regularly is a really great habit to get into because errors (and fraud) can and do happen. There are three credit reporting agencies: Experian, Equifax, and TransUnion, and you'll want to review all three. You can get one free report from each of them every year: https://www.usa.gov/credit-reports It can take a couple of months for a new credit account to show up on your credit report, so your score should recover and go even higher once that happens. Sit tight, as annoying as that is!"}
{"_id": "520216", "title": "", "text": "\"It's interesting that after reading this article you would make an assumption about where the stock market is headed. This article specifically says that the only way to know that is to know where interest rates are going, and for that we can guarantee no one knows.   The takeaway is this: \"\"The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage. The products or services that have wide, sustainable moats around them are the ones that deliver rewards to investors.\"\"  Intelligent investors should have no concern about what \"\"the market\"\" is doing. Analyze businesses, not the stock market.\""}
{"_id": "520217", "title": "", "text": "Let's break this into two parts, the future value of the initial deposit, and the future value of the payments: D(1 + i)n For the future value of the payments A((1+i)n-1) / i) Adding those two formulas together will give you the amount of money that should be in your account at the end.  Remember to make the appropriate adjustments to interest rate and the number of payments.  Divide the interest rate by the number of periods in a year (four for quarterly, twelve for monthly), and multiply the number of periods (p) by the same number.  Of course the monthly deposit amount will need to be in the same terms. See also: Annuity (finance theory) - Wikipedia"}
{"_id": "520226", "title": "", "text": "I suppose you think that considering women and Africans as chattel is an admirable trait, or thinking of Native Americans as only fit for slaughter. Maybe you likewise agree with most of our Founding Fathers that the only people fit to vote are male white property owners. They held plenty of opinions that we would consider beyond the pale of respectable discourse today; that does not diminish their accomplishments, but it does remind us that idolatry is not a useful way to view history."}
{"_id": "520248", "title": "", "text": "\"As of right now, I believe the \"\"ground chuck\"\" looks pretty much exactly the same as how ground chuck beef looks now. What's really important is that Memphis Meats understands that taste is EVERYTHING. If it doesn't taste right, or doesn't at least taste damn good, then it's DOA.\""}
{"_id": "520286", "title": "", "text": "Join one of the largest selections of naughty singles in the UK. Benaughty.com is a website for those seeking a more adventurous dating experience. Browse naughty photos, or chat and flirt online with hot girls and guys. Create a profile for free and start being naughty today."}
{"_id": "520321", "title": "", "text": "So long story short, you predict Amazon will build up customer loyalty by treating them well, then screw them over when the time is right?   Only the dumb customers will stick with them then. If they try to screw consumers over, it will just create favorable conditions for an outsider to easily and quickly win their business. Therefore I doubt it will ever happen."}
{"_id": "520334", "title": "", "text": "I think one of their problems is that so many things have reached such a high level there's no motivation to pay a premium for Sony anymore. Unless you have two TVs side by side I can't tell the difference. The cheap one will look really good to me, and if a higher end Sony was beside it, it would look even better. I won't buy an MP3 player for the sound or build quality, they're all good enough for me. I have an iPod touch and using it as an MP3 player was very low on the priority list."}
{"_id": "520355", "title": "", "text": "\"I always looked at it that \"\"business class\"\" is the standard class. If you want to save money for your personal travels then you can fly economy, if you want luxury you can fly first. But if your company wants you to travel, they shouldn't force you to fly less than business.  Economy is the loss of basic essentials (space, meals, drinks) in return for a lower price. It's not the way it should be as standard.\""}
{"_id": "520379", "title": "", "text": "My take is that he can avoid a big tax hit by leaving it as and giving   the untouched fund to the heirs. 100% correct. By withdrawing now he'll be subjected to the income tax on the gains. Since his gains are almost the whole value of the account, he'll actually find himself in the highest bracket, not the lowest as Joe suggests. Not only that, but his SS income will become taxable as well. Capital gains are included in the AGI. By leaving as is, the heirs will get stepped up basis, and the whole 700K will not be taxed (its below the estate tax threshold, and the basis for the heirs will be the value at death)."}
{"_id": "520386", "title": "", "text": "Your best approach is to assess rent levels in your local area for offices of a similar size. You need to take into account all the usuals - amenities, parking, etc, just as if your home-office was provided by a third-party. Get your $/sq ft and work out the monthly amount. With this figure, you need to then work out what % of it you can charge. If the space is used exclusively for the business, charge 100%. If it's used about half the time, charge 50%, etc. I would strongly advise you to do two things - 1. make sure your accountant and your attorney help you get this squared away. 2. document everything about how you arrived at the cost. Nothing fancy, but dates, realtors, addresses, $/sq foot. A simple table will do. By doing these two things, if the IRS should come around to chat, you should be covered."}
{"_id": "520395", "title": "", "text": "\"I've received letters notifying me of data breaches in the past.  In the end, I've never signed up for the offered protection service, figuring if \"\"they\"\" can hack Target or ADP or the IRS, they can hack anybody, like...  Equifax. And now Equifax has been hacked. My family's Social Security Numbers were stolen from a hospital database.  I think that information, plus public information was used to gain further data from the IRS FAFSA tool.  (we got a letter from the IRS).  Ultimately, fraudsters used whatever data they had to file a tax return with the IRS and with the Cali FTB (we don't and never have lived in California).  We got letters from both, and managed to stop the fraud before it really impacted us...other than having to file a paper tax form this past tax season. Anyway...  in a world where Equifax gets hacked:  the only solution is: I don't bother with the crazy password schemes you talk about...  I have a few different passwords I use, but most my investment accounts use the same username and password. It's all about risk.  Bruce Schneier says the same thing.  The amount to spend on security should depend on what you're trying to protect.  I don't care much if somebody gets into my google account, because I have a google account just because I have to.  I barely use it at all.  Similarly my yahoo account.  My yahoo account uses my \"\"insecure password\"\", and my investment accounts use my \"\"secure password\"\".  Credit Card info?  Meh.  Unless they get into the credit card company database, which undoubtedly has my Social Security Number, it's not that big of a deal.  Yeah, they can make fraudulent charges, but there are legal protections, so in theory I can't be out any money. So think this way:  what's the risk, and what's the appropriate level of effort to take to mitigate that risk.\""}
{"_id": "520424", "title": "", "text": "This or you can know someone. Without a 4.0 from a business school you're going to have a tough time getting an interview.   Also, get your MBA from a top 25 school. The analysts at these companies make $50,000-$65,000 and work 80-100 hours a week. Not worth it. MBA grads will start around $100,000 with the same hours."}
{"_id": "520430", "title": "", "text": "The new payment on $172,500 3.5% 15yr would be $1233/mo compared to $1614/mo now (26 bi-weekly payments, but 12 months.) Assuming the difference is nearly all interest, the savings is closer to $285/mo than 381.  Note, actual savings are different, the actual savings is based on the difference in interest over the year. Since the term will be changing, I'm looking at cash flow, which is the larger concern, in my opinion.    $17,000/285 is 60 months. This is your break even time to payoff the $17000, higher actually since the $17K will be accruing interest.  I didn't see any mention of closing costs or other expenses. Obviously, that has to be factored in as well.  I think the trade off isn't worth it. As the other answers suggest, the rental is too close to break-even now. The cost of repairs on two houses is an issue. In my opinion, it's less about the expenses being huge than being random. You don't get billed $35/mo to paint the house. You wake up, see too many spots showing wear, and get a $3000 bill. Same for all high cost items, Roof, HVAC, etc.  You are permitted to borrow 50% of your 401(k) balance, so you have $64K in the account. I don't know your age, this might be great or a bit low. I'd keep saving, not putting any extra toward either mortgage until I had an emergency fund that was more than sufficient. The fund needs to handle the unexpected expenses as well as the months of unemployment. In general, 6-9 months of these expenses is recommended.  To be clear, there are times a 401(k) loan can make sense. I just don't see that it does now.  (Disclaimer - when analyzing refis there are two approaches. The first is to look at interest saved. After all, interest is the expense, principal payments go right to your balance sheet. The second is purely cash flow, in which case one might justify a higher rate, and going from 15 to 30 years, but freeing up cash that can be better deployed. Even though the rate goes up say 1/2%, the payment drops due to the term. Take that savings and deposit to a matched 401(k) and the numbers may work out very well.  I offer this to explain why the math above may not be consistent with other answers of mine.)"}
{"_id": "520463", "title": "", "text": "This is an interesting discussion. I've never been a part of a large corporation, but aren't these functions good for morale. If they gripe about saving money, and then cut all the employees functions becoming the most uncaring and dispassionate company in all of companydom, wouldn't that also kill productivity?"}
{"_id": "520516", "title": "", "text": "It might be reasonable, or it might be their error.   Right now you have their assertion that they overpaid.   So the range of outcomes runs from them collecting $0 to the full amount they assert.  You are in a negotiation now, get your mind in this game. If they demonstrate to your satisfaction that they overpaid, you should pay.  If the reason is not convincing, well, can they collect it?  If there is a final pay then thats their last shot to do it internally.  Is the amount in question more than the pay? When you were hired you may have authorized them to make correction withdrawls from direct deposit.  I don't know if your new orders to your bank override this.  If this is a risk ask the bank for a new account and close this one.    Did you already sign exit interview paperwork that may ask you to do certain things like not work for a direct competitor, release and hold them harmless, or not discuss the company publicly? If not then  there are two negotiations in play and it is fair to ask, in condideration for your signature, to settle any potential overpayment claims for $0 or as the money now stands.  Do they do this to other people who leave?"}
{"_id": "520519", "title": "", "text": "\"The (interest bearing) mortgage of \u00a3300,000 would be SIX times your salary. That's a ratio that was found in Japan, and (I believe) was a main reason for their depressed economy of the past two decades. Even with an interest free loan of nearly \u00a3150,000, it would be a huge gamble for someone of your income. Essentially, you are gambling that 1) your income will \"\"grow\"\" into your mortgage, (and that's counting income from renting part of the property) or 2) the house will rise in value, thereby bailing you out. That was a gamble that many Americans took, and lost, in the past ten years. If you do this, you may be one of the \"\"lucky\"\" ones, you may not, but you are really taking your future in your hands.  The American rule of thumb is that your mortgage should be no more than 2.5-3 times income, that is maybe up to \u00a3150,000. Perhaps \u00a3200,000 if \u00a350,000 or so of that is interest free. But not to the numbers you're talking about.\""}
{"_id": "520522", "title": "", "text": "How can foreign companies open Liaison/Project/Branch office in India?   Foreign company can set up Liaison/ Branch Offces in India after obtaining approval from Reserve Bank of India. Reserve Bank of India has given general permission to foreign companies to establish Project Offces in India subject to certain conditions. A Liaison office can carry on only liaison activities, i.e. it can act as a channel of communication between Head Office abroad and parties in India. It is not allowed to undertake any business activity in India and cannot earn any income in India. Expenses of such offices are to be met entirely through inward remittances of foreign exchange from the Head Office abroad. The role of such office is therefore, limited to collecting information about possible market opportunities and providing information about the Company and its products to the prospective Indian customers. Know More @ M+V"}
{"_id": "520562", "title": "", "text": "Rates are a complex field. I will assume that context wise you are talking about rates for a individual saver quantities. The two rates you are asking about are personal bank saving account and exchange traded bonds. The points you want to compare between them are. In general, a bond is what we called a fixed rate instrument. This means that for the life of the product, it will yield a fixed percentage of its face value at a regular period. Baring any extreme circumstances (such as bankruptcy), no external factors will change the payment schedule on a bond. Conversely, by placing your money into a bank, you will accrue interest rate at some value related to some published interest rate. For example, if tomorrow, the Treasury decided to try to stimulate the economy, they could slash the interest rate, this would directly affect the rate at which your savings account would accrue interest. In general, a bond has a maturity date, where the capital is finally released from the bond. Until such date, you cannot access the money directly (you can however sell the bond, but it would likely be at a discounted value). Therefore, in general, you cannot get access to the money whenever you want it. As for a saving account, normally one can access the funds instantly, if not within a few days. This seems to the reason people seem to be focusing on. For each bond, the issuer of the bond is obligated to pay you the holder of the bond fixed payments at an interval, plus the capital at the maturity. However, obligation does not mean guarantee. If the issuer, is unable to make the payments, they may go into bankruptcy to avoid paying you. There are companies setup to advise people on the likelihood of each bond issuer on their ability to honour their debts. For example Standard and Poor issues a rating which goes all the way up to AAA for bonds. Recently, many sovereign countries have lost their AAA rating from S&P. Meaning that S&P feel that the possibility of these countries going bankrupt is non-zero. Conversely, banks may also be unable to give you your money when requested. In the US, the reserve requirements means that at any one time it only holds 10% of the money it owes to its customers. This can mean that if every customer turns up to the bank to demand their money, that bank would be unable to pay. This situation is called a Bank Run. During such a situation, the bank would likely collapse and default. In many modern countries, the government put into place guarantees on the first xxx amount in saving accounts, but otherwise, your savings could be lost. There are many complex reasons to choose one instrument over another (including some I have avoided), even if at the outset, they could appear to have the same rates."}
{"_id": "520563", "title": "", "text": "I would strongly, strongly advise against it. Others here are answering the question of, having decided to invest in property, how one ought to ensure that one invests in the right property. What has not really been discussed here is the issue of diversification. There are a number of serious risks to property investment. In fact, it is one of the riskiest types of investment. You face more of almost every type of risk in property than maybe any other asset class. It is one thing to take on those risks as part of a diverse portfolio including other asset classes. It is quite another - extremely irresponsible - thing to take on those risks as your sole investment, when your portfolio is in its infancy. So no, do not invest in property when you lack any other investments. Absolutely not."}
{"_id": "520580", "title": "", "text": "No one can afford homes anymore. That's the real issue. Purchasing power. The next generations cant afford to buy a home because they don't make enough money and the boomers have everything already. Until the boomer generation goes away, these problems will continue to get worse.  Most people can't afford $450k new construction and have money left to live on."}
{"_id": "520581", "title": "", "text": "I was in the next town over and we weren't too familiar with the restaurants and decided to eat at BWW for maybe the second or third time in years. Frankly, the food, especially the wings, were mediocre at best. The catch is, if you're young, there are literally dozens of better places like bars to get wings. If I wanted wings and a sports bar atmosphere, I'd go to a local pub."}
{"_id": "520584", "title": "", "text": "IANAL (and nor am I an accountant), so I can't give a definitive answer as to legality, but AFAIK, what you propose is legal.  But what's the benefit?  Avoiding corporation tax? It's simplistic \u2013 and costly \u2013 to think in terms like that. You need to run the numbers for different scenarios, and make a plan.  You can end up ahead of the game precisely by choosing to pay some corporate tax each year. Really! Read on. One of the many reasons that self-employed Canadians sometimes opt for a corporate structure over being a sole proprietor is to be able to not pay themselves everything the company earns each year. This is especially important when a business has some really good years, and others, meh.  Using the corporation to retain earnings can be more tax effective. Example: Imagine your corporation earns, net of accounting & other non-tax costs except for your draws, $120,000/year for 5 years, and $0 in year 6.  Assume the business is your only source of income for those 6 years.  Would you rather: Pay yourself the entire $120,000/yr in years 1-5, then $0 in year 6 (living off personal savings you hopefully accumulated earlier), subjecting the $120,000/yr to personal income tax only, leaving nothing in the corporation to be taxed? Very roughly speaking, assuming tax rates & brackets are level from year to year, and using this calculator (which simplifies certain things), then in Ontario, then you'd net ~$84,878/yr for years 1-5, and $0 in year 6. Overall, you realized $424,390. Drawing the income in this manner, the average tax rate on the $600,000 was 29.26%. vs. Pay yourself only $100,000/yr in years 1-5, leaving $20,000/yr subject to corporation tax. Assuming a 15.5% combined federal/provincial corporate tax rate (includes the small business deduction), then the corp. is left with $16,900/yr to add to retained earnings in years 1-5. In year 6, the corp. has $84,500 in retained earnings to be distributed to you, the sole owner, as a dividend (of the non-eligible kind.) Again, very roughly speaking, you'd personally net $73,560/yr in years 1-5, and then on the $84,500 dividend in year 6, you'd net $73,658.  Overall, you realized $441,458.  Drawing the income in this manner, the average tax rate on the $600K was 26.42%. i.e. Scenario 2, which spreads the income out over the six years, saved 2.84% in tax, or $14,400. Smoothing out your income is also a prudent thing to do. Would you rather find yourself in year 6, having no clients and no revenue, with nothing left to draw on? Or would you rather the company had saved money from the good years to pay you in the lean one?"}
{"_id": "520590", "title": "", "text": "&gt; sugar input costs higher by about $1 billion above **government support prices** ...Many of those companies, who oppose the **government's support** for the sugar industry  I can't explain details, but USA has been charged more for sugar than anyone in the world for decades.  it's this **government support** crap"}
{"_id": "520597", "title": "", "text": "Lets assume you put the max of 5000 per year in a Roth IRA.  You have your home and all other debt paid off, and your investment earns 10%, a few points below the market average.  You will have $822,470 at 65, 1005K at 67 that you can draw on tax free.  It is a fairly tidy sum and should keep you from working as the greeter in WalMart. This kind of return should be expected from most mutual funds, and you could invest some time in reading about how to pick good returning funds.  An index fund, which shadows a market index, should have that kind of return.  And yes that is 10% per year.  In investing it is about momentum. I too write software for a living, and would suggest you should be able to contribute about double that amount and still be comfortable.  That would set you up for a pretty comfortable post-work life style. You understand the value of building passive income.  Traditionally that is accomplished through dividends of reliable companies, but are now accomplished a variety of ways.  Keep in mind the way you are asking this question opens you to many scams."}
{"_id": "520629", "title": "", "text": "Isn't Big Mac sauce just a 1000 island dressing or something   edit: heres the recipe  1/2 cup mayonnaise. 2 tablespoons French dressing. 4 teaspoons sweet pickle relish. 1 tablespoon finely minced white onion. 1 teaspoon white vinegar. 1 teaspoon sugar. 1/8 teaspoon salt."}
{"_id": "520640", "title": "", "text": "\"not sure how you could be more wrong.  my favorite part by far was the fedora worthy \"\"nonsense, and unworthy of further comment.\"\" definitely followed by a little tip, wasn't it?  you've missed every single point i bought up. i'm not acting like investors are fat cats - you're borderline illiterate, and spend too much time on r/libertarian or watching fox news, so you jumped at the opportunity to straw man \"\"a dang pretentious librul.\"\" what i said was \"\"relatively elite,\"\" exactly because i'm not saying they're cigar chomping pigs- they have a lot of money relative to most of the population.  i simply don't care enough to try to go point by point. my whole point was that the comment i was replying to represents the style of mainstream economics that misrepresents basic phenomena, and your reply was just a doubling down.  \"\"they are rational\"\" - lol literally choke on your MLP figurine. you've no idea what you're talking about. your other posts indicate a greater ignorance - you don't know how to watch the vix, or why your options move the way they do? really shocking /s\""}
{"_id": "520660", "title": "", "text": "Summarized article: New residential construction rose 15% in September while building permits for private housing construction grew 11.6%, significantly beating analysts' expectations.  While housing starts are still about 60% below the peak reached in January 2006, the rate has picked up at its fastest pace since July 2008.   A pickup in home sales combined with the Fed's efforts to lower borrowing costs has helped bolster homebuilder sentiment to a 6-year high this month.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "520670", "title": "", "text": "Now today, Lawn Curbing has become more famous well known as it comes in different color, shapes, and stamps to give an alternate look. With such an innovative procedure, it is presently workable for homeowners to make a phenomenal take a swan at the front or back yard. Curbing is most important for your home an extraordinary look and adds additional interest to the outside. Additionally, it spares time on weeding, cutting and edging."}
{"_id": "520674", "title": "", "text": "Since no one else answered this part of your question yet:  Checking your own credit score or report will not affect it in any way.  It only hurts you when someone looks it up to run a credit check at your request for the purpose of possibly getting a loan, for example a car dealership. This only hurts it a tiny bit, and is not worth worrying about unless you are going to 20 different car dealerships who each do a check. However, it is a good idea not to let them run your credit until you are seriously ready to buy a car. In fact, it is better to just get financing somewhere else and not let them run it at all."}
{"_id": "520677", "title": "", "text": "Buffett is a value investor. His goal is to buy good companies when the market is overly worried and prices them below intrinsic value. When the market is highly priced it is much more difficult for him to find things that he thinks are at an attractive price. When people are very worried and the market has crashed, stocks are then priced below their intrinsic value and he can use the cash he keeps in the company to make attractive purchases. Remember that Buffett is not concerned with the ups and downs of the price of Berkshire Hathaway stock, he is concerned with the economic value of the assets that the company owns. So if all stock prices crash and he can buy things that are at bargain prices, he is happy no matter what Berkshire stock price does in the short run. One consequence of value investing is that because you are buying assets at bargain prices, the total value of your assets drops less in a bear market than the highly priced stuff that drives the major indexes."}
{"_id": "520703", "title": "", "text": "I live in Oklahoma which most major jobs here do rely on the oil industry.  What bugs me is this notion you are stating. For every non American with a job that is a American without period. Second most jobs do give two shits not in my state anyway about education they want to see how little they can pay you.     I don't care if the stats say it is 4% I care about facts and the fact is most are under employeed or have stop looking for work. So you think I am stupid for not wanting use my education to work for slave wages. Why two months because all employers look at your last wages here and I was over qualified apparently because I am use to making way more like most Americans who are smart."}
{"_id": "520730", "title": "", "text": "&gt; They have enough nationwide 800 MHz spectrum for good voice and LTE coverage and penetration, and they have enough 2.5 GHz spectrum to outdo every other carrier in capacity.   I didn't know this (non-American). Fair call.   &gt; The argument about tower count is largely irrelevant with today's mobile data demand.  In the long run sure. In the short term I'm going to disagree with you. If I ask you to deploy 800mhz over a city and 2600mhz over a city for coverage purposes. You'll definitely have the first project done before the first (all else equal). Its like acceleration vs top-speed; the 800mhz car gets you to acceptable speed faster than the 2600mhz stuff, but in the long run getting to their top speeds take both players the same amount of time   &gt; The argument about accuracy is also ridiculous considering the performance at the edge-of-cell and in the sector nulls; you're going to need multiple sites regardless if you want acceptable coverage for everyone.   I don't think it is ridiculous when you consider the planning required for a small city especially, if you have to do Greenfield deployments. But whatever I agree with your net conclusion T-Mobile is screwed. Sprint not so much."}
{"_id": "520734", "title": "", "text": "In a healthy society automation should be welcomed.  Because ideally everything should be automated except leisure.  But in our society we cannot share.  We are greedy.  In our society automation instead of the joy that it should be, causes grief.  The proceeds of automation should go to every human equally and not exclusively to the owners of the machines.  It's because only the owners benefit that there is so much strife right now.  In the end, we don't need that many machines and there will be very very few owners of the few machines.  What about the rest?  Should they just lay down and die?  If that's the attitude of the machine owners toward the population, then there is no reason to be peaceful and to just die peacefully."}
{"_id": "520758", "title": "", "text": "According to https://www.consumer.ftc.gov/articles/0181-unordered-merchandise, If you didn't order the merchandise, then you don't have to pay for it. I would talk to your doctor about this order and clear it up. I would only suggest paying for the product if you feel it will hurt your relationship with your doctor if you don't pay for it."}
{"_id": "520763", "title": "", "text": "I have done something similar to this myself.  What you are suggesting is a sound theory and it works.  The issues are (which is why it's the reason not everyone does it) : The initial cost is great, many people in their 20s or 30s cannot afford their own home, let alone buy second properties.  The time to build up a portfolio is very long term and is best for a pension investment.  it's often not best for diversification - you've heard not putting all your eggs in one basket? With property deposits, you need to put a lot of eggs in to make it work and this can leave you vulnerable. there can be lots of work involved. Renovating is a huge pain and cost and you've already mentioned tennants not paying!  unlike a bank account or bonds/shares etc.  You cannot get to your savings/investments quickly if you need to (or find an opportunity)  But after considering these and deciding the plunge is worth it, I would say go for it, be a good landlord, with good quality property and you'll have a great nest egg.  If you try just one and see how it goes, with population increase, in a safe (respectable) location, the value of the investment should continue to rise (which it doesn't in a bank) and you can expect a 5%+ rental return (very hard to find in cash account!)  Hope it goes well!"}
{"_id": "520769", "title": "", "text": "No.  If you have to ignore a price spike, obviously its value is not constant.  Gold is a commodity, just like every other commodity."}
{"_id": "520781", "title": "", "text": "At the other end of the spectrum is the VICEX fund.  it invests in industries such as tobacco, gaming, defense/weapons, liquor and other companies whose products or services are widely considered not to be socially responsible"}
{"_id": "520782", "title": "", "text": "I have no problem with what ford is doing. I have a problem with the attitude in the comment  &gt; Those companies that are locked into doing so by huge numbers of _legacy employees_ and retirees to whom they still have legal obligations (the automakers, some airlines, etc.) need to figure out how to dump these liabilities ASAP. Chinese, Brazilian, European and other global competitors...  It seems to forget that skilled workers are what generate the profits. The company is not its own entity. The company doesn't use workers like disposable fuel where any warm body will do."}
{"_id": "520788", "title": "", "text": "\"Be careful when you say \"\"insurance\"\" -- these things are service plans. They provide you with specific services and discounts in exchange for a pre-determined fee. So you pay $299/year and get a will, telephone advice and similar services. Insurance, like liability insurance, guarantees compensation for specific losses.  You can sometimes pay attorneys a retainer and get some discounts on services. This is only cost effective if you have enough work. These plans might make sense, depending on what you need.\""}
{"_id": "520792", "title": "", "text": "\"The mix how how you present this feels contradictory. You would pull a 'major' portion from the emergency fund (EF), but at the same time, you'll replace it in a month.  The first bit scares me, this is not the purpose of that fund, and the issue is the aspect of money that's psychological. Money is a habit, if you justify this use of the EF now, it gets progressively easier for this purchase or that, and the fund loses its intended purpose. If the second half is accurate, that your income would replace that money in a month, i'd say the fund wasn't fully funded to its proper level, 6-9 months of all expenses to get you though issues as bad as a job loss.  The great thing I see in your question is what's missing. You're not looking to buy a car with a loan. That puts you in a good situation, and should push those answering to cut you some slack on the one month \"\"bridge loan\"\" from your own savings.  Edit - OP add 2 key points, His EF is 3 years expenses (wow, kudos to him!), but he's living like a student (i.e. with parents, which keeps his costs low). If this latter observation seems judgmental, I'll re-edit. The finances of everyone would be far better off if we adopted multigenerational living. The young could save as Fahad is doing, and when parents retire, they can know they are cared for. In the US, I'd say \"\"when you move out, your expenses will go up drastically,\"\" but in this case, that may not happen, or not soon. This is my observation the world is a big place and our answers need to fit the OP's situation, not assume our own standards apply to all.  Buy the better car. You saved. You earned it.\""}
{"_id": "520799", "title": "", "text": "And cab companies are better? if you like working 20 hours per day to make a halfway reasonable living maybe.   Have to say I prefer an uber driver who doesn't smell like BO from sleeping in his car and dicking me around on the miles to fleece me out of more money."}
{"_id": "520803", "title": "", "text": "allegedly.   Also, that's a pretty loose definition - there's a business in everything.   |/r/business is not the place for stories about the government's economic policies or corporate corruption.  I'm more concerned with the quality of the article, almost zero actual citation and tons of embellished speculation. This is at best, /r/corruption, /r/politics, /r/sensationalism, but in truth, is a low quality piece of propaganda that you continue to spam reddit with. Then again, judging by your post count, I'm pissing in the wind here."}
{"_id": "520894", "title": "", "text": "Why is one person more succesfull than another?  At the end of the day I think it simply comes down to personal choices, some people will choose to invest their time in profitable indevours and some will not.   This of course assumes people have a reasonable access to a mean of improvement (free education, vocational training, etc.)"}
{"_id": "520900", "title": "", "text": "Ok opinion but too bad it's not supported by data in the article. The opinion is backed by a survey of opinions, not actual inflation and employment figures. If prices are rising generally (and not just in individual commodities), why isn't that being reflected in inflation and employment numbers? Wouldn't we expect to see gross employment numbers trending downwards and inflation trending upwards since the beginning of the year?"}
{"_id": "520922", "title": "", "text": "You actually don't need an accountant. They'll be expensive and at this early a stage unnecessary - what you need is a good bookkeeper who can keep track of what comes in and what goes out. You'll need that to know if you're making money or not and to show the government at the end of the year. Get a copy of QuickBooks and pick up Bookkeeping for Dummies to at least get a sense for what's going on.  Have you registered as a sole proprietorship? Make sure you have a vendor's permit so you can legally sell your services in Ontario. You may need to collect HST, in which case you'll need to register for an HST # and submit it on a quarterly basis.   Whatever you do, don't fuck with the government - they can freeze your bank accounts to get money they're owed. You need to keep money on hand to pay for any taxes you might owe on the business, ESPECIALLY if it's a sole proprietorship where you'll be tempted to treat profit as income. You don't want to end up with nothing in the bank at the end of the year and $40k owing to the CRA.  Get a separate bank account - don't mix personal and business, it's messy.  Expense everything you reasonably can."}
{"_id": "520924", "title": "", "text": "I would definitely recommend contributing to an IRA. You don't know for sure you'll get hired full-time and be eligible for the 401(k) with match, so you should save for retirement on your own. I would recommend Roth over Traditional IRA in your situation, because let's say you do get hired full-time. Since the company offers a retirement plan, your 2015 Traditional IRA contribution would no longer be deductible at your income level (assuming you're single), and non-deductible Traditional IRAs aren't a very good deal (see here and here). If there's a decent chance you would get hired, this factor would override the pre-tax versus post-tax debate for me. At your income level you could go either way on that anyway. A Solo 401(k) would be worth looking into if you wanted to increase your contribution limit beyond what IRAs offer, but given that it sounds like you're just starting out saving for retirement, and you may be eligible for a 401(k) soon, it's probably overkill at this point."}
{"_id": "520929", "title": "", "text": "Because union busting and deregulation has been the key to success? Deregulation helped exacerbate the 2008 meltdown. No one was lending to each other because no one knew how much toxic assets anyone carried. Unions are about workers realizing that they ARE the corporation, and demanding a more fair share of end profits earned. They aren't going to run the company into the ground and those that would, you can rightly call idiots. You can call expenses legacy costs, but there are no legacy contracts or legacy people unless you can talk about the legacy profits they generated."}
{"_id": "520949", "title": "", "text": "I think with your background you would be well suited to Equity Research in Oil, Biotech, or Pharma.  Not an area I know well but people who have greater understanding of the company's business are valuable in that field when combined with finance knowledge.  By your questions I would definitely advise some more investigation into finance and your motivations for getting into it.  What do you want out of finance?  How does the field match up with your life goals and your personal values?  Read some primers on Wall Street Oasis and some of Mergers and Inquisitions if you haven't already.  Sorry for the unwanted advice rant.  Just see lots of people attracted to money, prestige, or perceived glamour of finance without thinking about whether it's really what they want."}
{"_id": "520952", "title": "", "text": "\"This type of structured product is called a capital protection product.  It's like an insurance product - where you give up some upside for protection against losses in certain cases.   From the bank's perspective they take your investment, treat it as an \"\"interest-free loan\"\" and buy derivatives (like options) that give them an expected return greater then  They make their money: With this product, you are giving up some potential upside in order to protect against losses (other than catastrophic losses if the lower index drops by 50% or more).   What's the catch? There's not really a catch. It's a lot like insurance, you might come out ahead (e.g. if the market goes down less than 50%), but you might also give up some upside.  The bank will sell enough of these in various flavors to reduce their risk overall (losses in your product will be covered by gains in another). Note that this product won't necessarily sell for $1,000. You might have to pay $1,100 (or $1,005, or whatever the bank can get people to buy them for) for each note whenever it's released.  That's where the gain or loss comes into play.  If you pay $1,100 but only get $1,000 back because the index didn't go up (or went down) you'd have a net loss of $100. It's subtle, but it is in the prospectus: The estimated value of the notes is only an estimate determined by reference to several factors.  The original issue price of the notes will    exceed the estimated value of the notes because costs associated with selling, structuring and hedging the notes are included in the original issue price of the notes.  These costs include the selling commissions, the projected profits, if any, that our affiliates expect to realize for assuming risks inherent in hedging our obligations under the notes and the estimated cost of hedging our obligations under the notes.\""}
{"_id": "520957", "title": "", "text": "That makes sense. So yeah it basically sounds like a speculative bubble based on limited supply and high demand, but without any significant change to the market itself.  What's kind of neat is that bitcoin seems to be closer to a commodity than a currency"}
{"_id": "520963", "title": "", "text": "\"Your bank's fund is not an index fund.  From your link: To provide a balanced portfolio of primarily Canadian securities that produce income and capital appreciation by investing primarily in Canadian money market instruments, debt securities and common and preferred shares. This is a very broad actively managed fund.  Compare this to the investment objective listed for Vanguard's VOO: Invests in stocks in the S&P 500 Index, representing 500 of the largest U.S. companies. There are loads of market indices with varying formulas that are supposed to track the performance of a market or market segment that they intend to track.  The Russel 2000, The Wilshire 1000, The S&P 500, the Dow Industrial Average, there is even the SSGA Gender Diversity Index.  Some body comes up with a market index.  An \"\"Index Fund\"\" is simply a Mutual Fund or Exchange Traded Fund (ETF) that uses a market index formula to make it's investment decisions enabling an investor to track the performance of the index without having to buy and sell the constituent securities on their own.  These \"\"index funds\"\" are able to charge lower fees because they spend $0 on research, and only make investment decisions in order to track the holdings of the index. I think 1.2% is too high, but I'm coming from the US investing world it might not be that high compared to Canadian offerings.  Additionally, comparing this fund's expense ratio to the Vanguard 500 or Total Market index fund is nonsensical. Similarly, comparing the investment returns is nonsensical because one tracks the S&P 500 and one does not, nor does it seek to (as an example the #5 largest holding of the CIBC fund is a Government of Canada 2045 3.5% bond). Everyone should diversify their holdings and adjust their investment allocations as they age.  As you age you should be reallocating away from highly volatile common stock and in to assets classes that are historically more stable/less volatile like national government debt and high grade corporate/local government debt.  This fund is already diversified in to some debt instruments, depending on your age and other asset allocations this might not be the best place to put your money regardless of the fees. Personally, I handle my own asset allocations and I'm split between Large, Mid and Small cap low-fee index funds, and the lowest cost high grade debt funds available to me.\""}
{"_id": "520971", "title": "", "text": "Exactly -- even by fast food standards, McDonalds is shit. At least at Chipotle I can recognize my food.   Edit: Oh yea, and for some reason, last I went to McDonalds I needed to spend $10 ... more than I spend at Chipotle, McDonalds keep shrinking portion sizes too."}
{"_id": "520973", "title": "", "text": "It bothers me how your being downvoted in a goddamn business sub. Like I get people like Tesla and think it's going to be a good company but as of right now this company doesn't make money and isn't that the whole point of a business? Sure it might have huge and amazing potential but that's all it is: potential. I like Tesla as much as the next guy. I'm kicking myself for not buying the stock when I first saw it mentioned on Reddit and I considered buying it. That was at like $70.   But there is a simple fact that the company may be overvalued. It's valued like a tech company when it's currently operating like a car company. Sure you can argue they are really a tech company or will be in the future when/if they dominate the battery market but then that means news like this shouldn't even make a dent on their price.   You gave your simple and valid reasons for why you wouldn't buy Tesla. But obviously people don't want to hear it and will downvote it instead of actually making a discussion from it.    Sometimes I think that Elons marketing team has Reddit completely figured out and is just abusing it."}
{"_id": "520983", "title": "", "text": "They already deliver almost half of orders in the UK Jeff has said that the issue is when holiday season starts, that's the main logistical problem they have.  Last mile delivery infrastructure already exists, they don't need to build it out. They are just gonna get the postal service to do more and FedEx/US.  Yet the got pantry and fresh, so probably will expand last mile in big cities)"}
{"_id": "520998", "title": "", "text": "I would go speak to the bank manager. With Wells, you have to make sure it is the bank manager and not a service manager or something you are talking to (I learned that a few months ago).  Tell her/him exactly what happened in detail and that you want the credit card closed and the credit inquiry removed from your credit report. Further, say that once all of that is done, you will decide whether to continue banking with them and whether any legal action is appropriate.  If they give you any kind of push back, I'd get advice from a lawyer. The truth is they did open an account against your expressed wishes and it required them to check your credit so it does constitute fraud unless they can produce a signed document saying you agreed to the card.  Edit: I just saw that this happened about a year ago. It may have been easier if you had done something at the time and may be more difficult if you've used the card in the meantime."}
{"_id": "521007", "title": "", "text": "In this era of music, what can Rolling Stone offer that is unique?  Musicians go directly to their fans now, they don't need journalists to be the intermediary.  And investigative journalism has better outlets.  I don't think cultural touchstones like Rolling Stone that offer many things to readers, but don't do any of them extremely well, have a place anymore."}
{"_id": "521010", "title": "", "text": "\"In general what you will find is that a prepaid debit card will allow you to make any sort of purchase that is not also used as a \"\"Security\"\" against possibly open ended charges.  A hotel wants to have a method of payment on file that they can potentially charge for damages to a room for example.  The same goes for a car rental.   Another limitation you will discover is when you are getting close to the amount of money that remains on the card.  A restaurant will typically send through a preauthorization for the bill amount + 25%(for example) to account for a tip.  If you have $60 left on your card and the bill is $50, the preauth may not be approved.   Some prepaid debit cards, particularly those that are non-reloadable, start charging a service fee just for having the card after a certain period of time.  This seems to be after a year, but YMMV. Lastly make sure that the card you get is reloadable.  Some, like gift cards and rebate cards are sold to the buyer with a fixed amount on them  and you cannot add additional money to them.\""}
{"_id": "521014", "title": "", "text": "If you do not need the money in the 401k right away and are interested in avoiding penalties on the amounts accumulated, roll over the 401k monies into a Roth IRA (your contributions and growth thereof) and a Traditional IRA (company match a d growth thereof). You can choose to take out money from the Traditional IRA not as a lump sum (penalties in addition to lots of income tax in the year of taking the distribution) but as series of equal payments over your life expectancy (no penalty but US income tax is still due each year). Be aware that he who rides a tiger cannot dismount: if you opt for this method, you must take a distribution every year whether you need the money or not, and the amount of the distribution must match what the IRS wants you to take exactly; excess withdrawals lead to penalties etc.  Publication 590 says Annuity. You can receive distributions from your traditional IRA that are part of a series of substantially equal payments over your life (or your life expectancy), or over the lives (or the joint life expectancies) of you and your beneficiary, without having to pay the 10% additional tax, even if you receive such distributions before you are age 59.5. You must use an IRS-approved distribution method and you must take at least one distribution annually for this exception to apply. The \u201crequired minimum distribution method,\u201d when used for this purpose, results in the exact amount required to be distributed, not the minimum amount. Be aware that, depending on your country of residence/citizenship, you may be required to close all foreign accounts within x months of return, and if so, this stratagem will not work."}
{"_id": "521026", "title": "", "text": "\"Your graph does no such thing.  1. They're displaying percentages of income spent, so even with the minor decreases in percentage of money spent they're still spending more than low income families. 2. The percentage \"\"saved for retirement\"\" increases in higher income percentiles. How exactly does that occur? Do they send their money to magic fairy land where it's tended by nymphs who return a percentage return? No, it's invested in stocks, bonds, ownerships of businesses, venture capital and other forms of INVESTMENT which means that wealth is not sitting in a mattress, it's being used by others to generate more wealth.\""}
{"_id": "521042", "title": "", "text": "I would question whether your stated goal (of strictly controlling your expenses) is really the problem you should be tackling.  In my opinion, unless you're under financial hardship where you can barely make ends meet, you're much better off using a budget as a high-level, descriptive tool rather than a low-level, prescriptive tool. This is what I would do in your situation: After the first few months, you can start to think about high-level changes that you can make to your spending habits to get the most bang for your buck.  I wouldn't worry about the little expenses, unless they're really adding up to a sizable chunk of your total expenses.  Instead, I would look at things like: eating out too often, buying too many movies, too many impulse buys over $100, etc. Identifying patterns like that will help you make lifestyle changes that will allow you to spend less money without having to micromanage every single expense.  I have tried the micromanaged approach in the past, and it simply doesn't work for me.  There's too much overhead, and eventually I start to feel that it's just not worth it.  Think about it - is it really worth the extra time and energy required to worry about where every dollar goes all month long just to save an additional hundred bucks over what you can do with this passive approach?   I think that by focusing on the big picture, you can get within a couple percentage points of the same amount of savings as if you had micro-managed your expenses, but with much less work and mental strain. Let's put some numbers on this and see what the hourly returns are with each approach, always being optimistic about the micromanaged approach and conservative on the passive approach.   Let's assume you earn $50,000/year.  Let's also assume that if you micromanage all of your expenses, you could manage to save $5000/year beyond what you do now.  And let's say that with the passive approach, you can get within 20 percentage points instead of the 2 I stated earlier, for a savings of $4000/year.  Now what will your hourly returns look like?  The following are based on how I would personally use both systems, so your numbers may vary a bit. Micromanaged Budgeting Savings = $5000 per year = $416.67 per month  Time spent = 15-30 minutes per day = 7.5 - 15 hours per month  Hourly return = $27.78 - $55.56  Passive Budgeting Savings = $4000 per year = $333.33 per month  Time spent = 1 - 2 hours per month Hourly return = $166.67 - $333.33 So clearly the passive approach gives a substantially higher hourly return, even though it gives a lower absolute return.  Maybe more importantly though, if passive budgeting opens up an extra 10 hours a month, you could potentially put those hours into your job and make an extra (10 hours * $25/hour) = $250 a month, or $3000 per year, assuming no extra pay for overtime.  So that means that the passive budgeting approach would actually allow you to save ($4000 + $3000 * .75) = $6250 per year, compared to the $5000 you would save by micromanaging. If you're in a situation where you can't put those hours into more work and you really need that extra $83.34 per month to help make ends meet, then by all means micromanage your expenses and try to save as much as possible.  But if either of the previous conditions are not true for you, you're much better off, in my opinion, using a passive budget."}
{"_id": "521044", "title": "", "text": "\"I have worked with venture capitalists on a few different online based tools.  There is no rule.  I have seen deals go through for as little as 10% and up to 80%. There are a number of factors in place: What it really comes down to in the tech world is \"\"Is this a side job or your life and can you live while your site isn't generating income... and then can you pay others that you need to pay for your site to exist?\"\" Venture capitalists are into risky ventures that offer a high return.  They have a portfolio of businesses and one going down will be made up for with a huge return on another.  They will shut you down super quick though if they think your team/idea is a dud.  What they initially take from your business is so negotiable there is no reason for me to give a number.  We might be able to give you a half-assed forecast if you tell us your idea/staff size/current revenue and expenses/projections/amount of investment looking for.\""}
{"_id": "521050", "title": "", "text": "Energy futures are the most direct form of investment. Look at Nordpool for example.   Energy markets are typically fairly efficient and seasonal pricing patterns are already baked into the forward curve. On the outage side, there's data providers who track major unit outages and disseminate that information.   If you think you're smarter than groups with on-staff meteorologists, huge data advantages, and a real understanding of grid topology in those markets than by all means play a position. It's certainly possible to flip the coin and win but you have no edge doing so; you're just gambling."}
{"_id": "521060", "title": "", "text": "Money factor is a term coined by leasing companies to make car leasing that much more convoluted. It's basically a decimal value that you multiply by 2400 in order to arrive at your actual annual percentage rate or interest rate. Here's a really good article detailing how you can calculate your interest rate based on other criteria in your leasing contract, because most of the time you won't even be given money factor on your leasing contract"}
{"_id": "521061", "title": "", "text": "\"This is exactly what I feel.  Having doing tech support for offices, friends and family, it dawned on me that they had no one else to call.  If Grandma calls \"\"Sony\"\" because she can't find her email, well then they tell her to call Microsoft.  Then she calls Microsoft and it seems it's a hardware issue, they send her back to Sony.  In the end, the customer doesn't fully understand why they are being sent back and forth, they just want it fixed, or a reason.   Apple is almost completely vertically integrated, they can solve most of the problems or at least provide the illusion that the customer is being helped.\""}
{"_id": "521066", "title": "", "text": "The problem is, there often isn't anyone else to go with. Ryanair are Europe's biggest airline. They fly so many routes. A lot of the time it's your only option, unless you want a stop over somewhere. So it is the lesser of two evils, my annoyance is that I can't pay reasonable money to improve the service.   One thing I think they could do, reverse priority boarding. I want to get on the plane last, have my hand luggage have guaranteed space in the plane and be first off the plane. This would have made a significant improvement to my recent flight with them. It's the waiting in uncomfortable places that makes Ryanair so shit."}
{"_id": "521070", "title": "", "text": "For those who don't know, credit card checks are blank checks that your credit card company sends you.  When you fill them out and spend them, you are taking a cash advance on your credit card account.  You should be aware that taking a cash advance on your credit card normally has extra fees and finance charges above what you have with regular credit card transactions. That having been said, when you take one of these to your bank and try to deposit them, it is entirely up to bank policy how long they will make you wait to use these funds.  They want to be sure that it is a legitimate check and that it will be honored.  If your teller doesn't know the answer to that question, you'll need to find someone at the bank who does.  If you don't like the answer they give you, you'll need to find another bank. I would think that if the credit card is from Chase, and you are trying to deposit a credit card check into a Chase checking account, they should be able to do that instantly.  However, bank policy doesn't always make sense."}
{"_id": "521095", "title": "", "text": "\"The major pros tend to be: The major cons tend to be: Being in California, you've got state income tax to worry about as well.  It might be worth using some of that extra cash to hire someone who knows what they're doing to handle your taxes the first year, at least.  I've always maxed mine out, because it's always seemed like a solid way to make a few extra dollars.  If you can live without the money in your regular paycheck, it's always seemed that the rewards outweighed the risks.   I've also always immediately sold the stock, since I usually feel like being employed at the company is enough \"\"eggs in that basket\"\" without holding investments in the same company. (NB: I've participated in several of these ESPP programs at large international US-based software companies, so this is from my personal experience.  You should carefully review the terms of your ESPP before signing up, and I'm a software engineer and not a financial advisor.)\""}
{"_id": "521100", "title": "", "text": "\"That's what stood out to me.  The headlines make it sound like we're all financially stupid for not going with solar. The question is what is the *retail* price of solar vs other sources.  Don't get me wrong; the idea of it going down quickly is itself great. But the title says \"\"cheapest electricity \u2018ever, anywhere, by any technology\u2019\"\". Show me the retail bills for solar as being cheaper than other sources and we've got a winner. That phenomenon is the real inflection point of interest.\""}
{"_id": "521102", "title": "", "text": "From personal experience, stick with the IRS. As @littleadv pointed out I found the APR to be significantly lower (and for me it stayed the same through out the years I was on the plan - the penalty amount shown on the statement increases as it accumulates, but the APR stays the same) and, unlike credit cards, the debt does not show on your credit report. So unless you tell the bank about it, they won't know (not speaking to to ethical side of not telling them, that'd be up to you)."}
{"_id": "521121", "title": "", "text": "I didn't say I expect it, but it's not a waste.  A degree has morphed from a competitive edge to a mere qualifier. A college undergrad degree is the new High School diploma.   Few would hire a Taxi driver or Greeter without a diploma, and it's getting to the point where a degree is required for those jobs as well."}
{"_id": "521133", "title": "", "text": "My broker offers a service to transfer the shares where you only pay commission once. Therefore say if standard commission is \u00a310, then you don't end up paying \u00a320 (10 for selling + 10 for buy back). You'll have to be okay with the spread though. Hope this helps."}
{"_id": "521144", "title": "", "text": "The hospital likely has a contract with your insurance company which makes them obligated to bill the insurance before billing you! I had a similar occurrence that was thrown out when my insurance company provided a copy of a contract with the hospital to the judge. So if there is an agreement they must file with the insurance in timely manner."}
{"_id": "521156", "title": "", "text": "\"The government is so \"\"all in\"\" on Tesla with all the tax credits and incentives, how could the SEC conduct an investigation that could make the government look bad? It seems Musk has created a perfect castle in the sky with a government mote. For his next magic trick we will find out if he is Houdini.\""}
{"_id": "521197", "title": "", "text": "Seems this would help prevent the Martin Shkreli\u2019s of this world from gouging Americans.  No company had bothered to produce a generic.  Martin bought out a drug with a private brand name on it and increased the price from $13.5 to $750 per pill.   If a reliable crowd was producing a generic, people would have bought that instead."}
{"_id": "521215", "title": "", "text": "I have a hard time believing 28% of the planet uses any one thing.  You have to have electricity, money, Internet access, a culture that want it, etc. to even get to that point.  China probably doesn't use Facebook.  India I'd think barely.  You're talking about large chunks of the world that don't have much exposure.  Much of this is probably not real people.  Heck, even the revenue they represent on the graph only highlights that the U.S. and Canada have the most profits and we represent, what, 5% of the world population?  That's a far stretch.  Even their Wikipedia page shows one statistic that they get 20billion visitors a month in 2015.  That's 3 times the world's population.  I just can't take any of it seriously unless they gave me access to their databases and let me figure out how to identify a unique user."}
{"_id": "521233", "title": "", "text": "\"The short answer is that banking is complicated, but the bank really doesn't need your money because it can get it from the Fed almost free, it can only use 90% of the money you give the bank, it can only make money on that 90% from very low-risk and thus low-return investments, and as it has to show a profit to its shareholders it will take whatever cut it needs to off the top of the returns. All of these things combine to make savings account interest roughly .05% in the US right now. The longer answer: All FDIC-insured banks (which the US requires all \"\"depositor\"\" banks to be) are subject to regulation by the Federal Reserve. The very first rule that all banks must comply with is that depositor money cannot be invested in things the Fed terms \"\"risky\"\". This limits banks from investing your money in things that have high returns, like stocks, commodities and hedges, because along with the high possible returns come high risk. Banks typically can only invest your savings in T-debt and in certain Fed-approved AAA bonds, which have very low risk and so very little return. The investment of bank assets into risky market funds was a major contributor to the financial crisis; with the repeal of the Glass-Steagall Act, banks had been allowed to integrate their FDIC-insured depositor business with their \"\"investment banking\"\" business (not FDIC insured). While still not allowed to bet on \"\"risky\"\" investments with deposits, banks were using their own money (retained profits, corporate equity/bond money) to bet heavily in the markets, and were investing depositor funds in faulty AAA-rated investment objects like CDOs. When the housing market crashed, banks had to pull out of the investment market and cash in hedges like credit-default swaps to cover the depositor losses, which sent a tidal wave through the rest of the market. Banks really can't even loan your money out to people who walk in, like you'd think they would and which they traditionally used to do; that's how the savings and loan crisis happened, when speculators took out huge loans to invest, lost the cash, declared bankruptcy and left the S&Ls (and ultimately the FDIC) on the hook for depositors' money.  So, the upshot of all this is that the bank simply won't give you more on your money than it is allowed to make on it.  In addition, there are several tools that the Fed has to regulate economic activity, and three big ones play a part. First is the \"\"Federal Funds Rate\"\"; this is the interest rate that the Fed charges on loans made to other banks (which is a primary source of day-to-day liquidity for these banks). Money paid as interest to the Fed is effectively removed from the economy and is a way to reduce the money supply. Right now the FFR is .25% (that's one quarter of one percent) which is effectively zero; borrow a billion dollars ($1,000,000,000) from the Fed for one month and you'll pay them a scant $208,333. Banks lend to other banks at a rate based on the FFR, called the Interbank Rate (usually adding some fraction of a percent so the lending bank makes money on the loan). This means that the banks can get money from the Fed and from other banks very cheaply, which means they don't have to offer high interest rates on savings to entice individual depositors to save their money with the bank. Second is \"\"quantitative easing\"\", which just means the Fed buys government bonds and pays for them with \"\"new\"\" money. This happens all the time; remember those interest charges on bank loans? To keep the money supply stable, the Fed must buy T-debt at least in the amount of the interest being charged, otherwise the money leaves the economy and is not available to circulate. The Fed usually buys a little more than it collects in order to gradually increase the money supply, which allows the economy to grow while controlling inflation (having \"\"too much money\"\" and so making money worth less than what it can buy).  What's new is that the Fed is increasing the money supply by a very large amount, by buying bonds far in excess of the (low) rates it's charging, and at fixed prices determined by the yield the Fed wants to induce in the markets. In the first place, with the Fed buying so many, there are fewer for institutions and other investors to buy. This increases the demand, driving down yields as investors besides the Fed are willing to pay a similar price, and remember that T-debt is one of the main things banks are allowed to invest your deposits in. Inflation isn't a concern right now despite the large amount of new money being injected, because the current economy is so lackluster right now that the new cash is just being sat upon by corporations and being used by consumers to pay down debt, instead of what the Fed and Government want us to do (hire, update equipment, buy houses and American cars, etc). In addition, the \"\"spot market price\"\" for a T-bond, or any investment security, is generally what the last guy paid. By buying Treasury debt gradually at a fixed price, the Fed can smooth out \"\"jitters\"\" in the spot price that speculators may try to induce by making low \"\"buy offers\"\" on T-debt to increase yields. Lastly, the Fed can tell banks that they must keep a certain amount of their deposits in \"\"reserve\"\", basically by keeping them in a combination of cash in the vault, and in accounts with the Fed itself. This has a dual purpose; higher reserve rates allow a bank to weather a \"\"run\"\" (more people than usual wanting their money) and thus reduces risk of failure. An increased reserves amount also reduces the amount of money circulating in the economy, because obviously if the banks have to keep a percentage of assets in cash, they can't invest that cash. Banks are currently required to keep 10% of \"\"deposited assets\"\" (the sum of all checking and savings accounts, but not CDs) in cash. This compounds the other problems with banks' investing; not only are they not getting a great return on your savings, they can only use 90% of your savings to get it.\""}
{"_id": "521237", "title": "", "text": "So my idea is to open small hummus place with open island kitchen. You can eat inside or take away. I also now places were i could deliver my product like a cafe/pubs. Really simple idea but i am little bit scared of telling details. you can eat different types of hummus with fresh bread and vegetables. Also in the morning i am planing to making tortillas with hummus, fresh salad and meat inside for take away. But my problem is a money for start."}
{"_id": "521241", "title": "", "text": "\"When the pie is being hoarded, this is what happens.  It happened in the 20's, it happened in the 1850-90's.  Great depressions don't cause poverty, they unveil the economic conditions that already exist and remove the safety nets that keep the problems from appearing catastrophic when in fact, they already are.  The current P/E of most of the stocks that under-gird our economy are so far out of whack that markets don't even consider them anymore, but the reality is that they are unsustainable.  To return to sustainable levels would require, in some cases, a 90% \"\"adjustment\"\" in values.  While the Dow Jones is not the economy, what do you think the economic effects of even a 50% drop would be on the 78% of the population that lives paycheck to paycheck?  Consider the knock-on effects?\""}
{"_id": "521245", "title": "", "text": "Some countries don't have robust life insurance markets.  Some countries have horrible travel fatality statistics.  Some countries don't have very good liability law enforcement.   Is $2 on top of a train ticket in the US to send your family a $20,000 payment if you die on the train worth it, probably not.  The fatality rate is pretty low here, lots of people have their own life insurance, and the US justice system carries a big liability stick. If you're moving around on trains a lot in other countries where the fatality rate is much higher, you can't buy life insurance on your own, and the legal system doesn't punish negligent operators it might be meaningful, especially for frequent travelers who have dependents. Is buying this coverage a reasonable and cost effective way to insure a person's life, no, clearly not.  You're buying a policy to insure your life against being mauled by tiger in New York on a Tuesday, when you've never seen a tiger and don't live in New York.  Obviously, if you want life insurance you would not buy coverage this narrow. Personally, I think this is really akin to an impulse buy candy bar at a checkout line of a market.  They're dangling this in front of you for an amount of money that's insignificant because some people will pick it up without thinking about it.  They're tickling your fear of death just enough to get a dollar from you, but not enough to keep you off the train.  And obviously the math works out for the insurer or it would not be offered. Separately, regarding probability, it's not about an incident occurring in a train, it's an incident occurring in this particular train on this particular day/time.  If there's a 1 in 10,000 chance of dying on a train in a year the chance of dying on a particular train on a particular day is likely to be one in billions or more.  This really isn't about whether or not this coverage is valuable given the risk, it's about whether or not they can get you to impulsively spend a dollar."}
{"_id": "521249", "title": "", "text": "Banks do not report transactions within accounts except as required by law, usually as part of anti-money-laundering efforts. Generally those involve tracking large cash transactions. As far as large payments go, there are two reasons they might be reported to the government: taxes, and criminal investigations. For tax purposes, if the payment is considered a salary or wage (that is, you are an employee of the company and the payment is for your time working there), then the company paying you is responsible for reporting the wage and withholding applicable taxes from your salary. If you are considered an independent contract employee, then you yourself will be responsible for reporting the income to the IRS and paying the applicable taxes yourself. In the second case, unless you are already under investigation, I wouldn't worry about it. Banks are very touchy about financial records being kept private, and won't release them without a subpoena. One caveat is that this is under US law. Banks which maintain branches in multiple countries must, of course, comply with all local laws in the jurisdiction where they do business. The take away from this is that Bank of America is unlikely to report a single deposit of $75,000 into your account to anyone on their own. If it is a paper check being deposited they will probably place a hold on it to make sure it clears, but that is all."}
{"_id": "521250", "title": "", "text": "\"I think the higher up you get, the blurrier the line between personal life and work gets.  since they aren't individual contributors, they don't spend saturday mining data. However, they are constantly meeting with customers/vendors and internal groups. They have frequent meetings are probably stay involved as events happen during their \"\"down\"\" time\""}
{"_id": "521274", "title": "", "text": "But I wish to know why the parameter is dividend/market price rather than just 'dividend'? What 'extra' info you can uncover by looking at dividend/market price that you cannot get from 'dividend'? Consider two stocks A and B. A offers a dividend of $1 per year. B offers a dividend of $2 per year. Let's remove all complications aside and assume that this trend continues. If you were to buy each of these stocks you will get the following amounts over its life (assumed infinity for simplicity): cash flows from A = $1/(0.04) = $25, assuming risk free is 4% per annum cash flows from B = $2/(0.04) = $50, assuming risk free is 4% per annum The price you buy them at is an important factor to consider because let's say if A was trading for $10 and B for $60, then A would look like a profitable nvestment while B won't. Of course, this is a very simplistic view. Dividend rates are not constant and many companies pose a significant risk of going bust but this should help illustrate the general idea behind the D/P ratio. P.S.:- The formula I have used is one for computing the NPV of a perpetuity."}
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{"_id": "521315", "title": "", "text": "Do you really think that toll booth collectors deserve a 58k base salary?  I mean, sure, pay them for the hours they work, but that is a job that requires no education and is already being done by computers.  I can't know of many jobs where the skill/pay ratio is so badly skewed.  Fuck me, sit in a booth all day working as a cashier and you can make more than teachers, PhDs, professors, public workers, construction people, and on and on."}
{"_id": "521326", "title": "", "text": "the strategy is tested all the way to 97. how is the continuous series backadjusted? the emini is rolledover and Ratio back adjusted to the 2nd nearest contract, 9 days prior to expiration. since it is an intraday trade, the discrepancy to the real thing should be next to irrelevant. but comparing it to the spx could make it interesting.  what would be a good format to present the results ? jpeg? pdf ?"}
{"_id": "521344", "title": "", "text": "\"Just to comment on this, I protested against the Iraq war, but I do understand why they went in and took the decisions they took (even misguidedly)  Afghanistan was a month after 911, there was strong public demand and support for it, few protests  Unfortunately that administration became obsessed with Iraq and abandoned Afghanistan to a skeleton force - which had disastrous consequences for the country  But there was no specific malign intention in either case - more a gross misread of the situation  There were intelligence failures (they aren't infallible) plus heavy political pressure on those agencies from a quite hawkish administration  The Malaysian \"\"tribunal\"\" had no real legitimacy and was basically formed by a controversial PM who was quite anti-Western\""}
{"_id": "521345", "title": "", "text": "\"I think there-in lies the rub.  There is certainly a point at which job/income loss outweighs the disposable income gains of a wage increase.  That's what I'm suggesting is the only thing left to study.  Figure out that ratio, and you have a the secret to solving America's stagnating wage crisis.  As to the \"\"roundabout way of creating job growth\"\", I guess I just believe there's no other way...well, more specifically, increasing demand is the only reliable way to increase jobs.  If you have another way to increase demand (with government policy) I am open to hearing it.    Either way, we're having the right conversation - not getting trapped in the self serving lie of \"\"trickle down\"\".\""}
{"_id": "521349", "title": "", "text": "This is what I know; where I live the USPS completely renovated their main facility about 5 years ago. Then they built another facility about 2 miles away from it. I hope we can agree this does not sound like a company thats having troubles or is worried about the future.   Then I started hearing companies say they couldn't compete."}
{"_id": "521396", "title": "", "text": "Walmart, for example posted a profit of over $100B last year but their employees are draining over $6B from taxpayer funded programs (food stamps, healthcare subsidy, housing credits, etc). They're stealing from everyone to boost their profit margin and it can't keep happening. You need to get your head out of the clouds or your ass, not sure which."}
{"_id": "521403", "title": "", "text": "\"I just read this article, and I have to say I am utterly baffled. One of the quotes:  &gt;\"\"This week, senior executives at the investment bank convened a group of employees to try to stem any exodus, according to several people briefed on the meeting. Among the employees\u2019 questions: why remain at a bank that treated its top executive so harshly?\"\"  Here's what confuses me: if you are working at that level, probably making high 6 figures or more, why in the world would you even allow yourself to be quoted about how your little fee fees got hurt because someone got fired? For fuck's sake, these guys control billions of dollars, they earn millions, they got bailed out by the fucking government and walked away free as birds after almost completely destroying the economy, they live a cushy life at the top, yet they talk like a bunch of fucking 5-year olds who got their feelings hurt on the playground.\""}
{"_id": "521411", "title": "", "text": "The problem with your profession is that it is hard to distinguish those activities as 'services rendered' or just a 'pastime hobby'. If you believe that both of those activities constitutes a 'service rendered in a professional capacity', then you should include it into the 'Goods and services for your own use' field. However, should you believe that those services rendered was not in a professional capacity and it was in a personal one (i.e. helping out), you need not include it in the field. In addition, should you feel that the pro-bono services rendered overlaps with your professional freelance work in any way, you might want to consider the service rendered to your dad and yourself as a 'professional service' and include it in Goods and services for your own use. Such examples include (but not limited to): It might be wise to call up the HMRC to clarify on your particular situation. But what I know is, this box was created to ensure that such services rendered should be considered a profit (i.e. an advantage, adds value) and not a loss (or no value)."}
{"_id": "521418", "title": "", "text": "\"A credit card is basically a \"\"revolving\"\" loan, in which you're allowed to borrow up to a certain amount (the limit), and any time you borrow, you pay interest.  If you were to *borrow* $100 to pay for something via a credit card, you'd have a $100 balance on the card. If you then pay $70 cash to the card, there would be $30 remaining.  That $30 balance could accrue interest. The timing of that interest charge could vary. The 20% you've quoted is almost certainly \"\"APR,\"\" of which the \"\"A\"\" stands for \"\"annual,\"\" so that 20% would be an annual rate.  It makes the most sense, mind you, to keep a minimal balance on a credit card, as the interest rate is higher than most other loans.\""}
{"_id": "521424", "title": "", "text": "Take your time. When I started my business I thought I had a killer name at first and a few weeks later I found a much better one. Brainstorm with your partners.  For an internet business having a short domain name is going to matter, and you should really try to get a .com. A .us or .io are also good, but if the .com is already taken people will confuse them for you so it's good to get the .com first. Make sure you don't have any weird characters in your domain like hyphens which are harder to type on a mobile device."}
{"_id": "521443", "title": "", "text": "This right here.  Go to China and crowds constantly complains about it. Go to India and you see the same.   There's actually a really big backlog of people wanting to come to US despite the fact that it's own citizens think it's a bad place to live."}
{"_id": "521460", "title": "", "text": "This caught my eye because the auto industry and the parts manufacturers are notorious for pushing output and human productivity to the point where working conditions are very unsafe.  If Musk is doing exactly the same thing that is newsworthy imo."}
{"_id": "521474", "title": "", "text": "&gt; quesorizo (queso + chorizo)  And if you were actually, you know, in Mexico it would be a choriqueso. So much for authenticity.  Although, to be fair, that would mostly be used in the greater D.F. area. In, say, Guanajuato they wouldn't make up stupid names in the first place and it would simply be queso con chorizo."}
{"_id": "521478", "title": "", "text": "Obviously, we're assuming the company can pay it back, which is why you may only have five to twenty policies via the most renowned five to twenty companies at one time.  *edit: Besides, an immediate boost in purchasing power is pretty advantageous (from my last post)-- *(if someone invests $500 of capital at a 5% interest rate for a one year bond, they immediately get back a note with the purchasing power of $525, which they can spend right away if they wish (if inflation is going to happen anyway, why not beat it to the punch?)).*"}
{"_id": "521487", "title": "", "text": "&gt; I hope it makes you insanely angry that I [eat Ferrari's for breakfast].  So what? I am a hard core capitalist. I just don't attach the same kind of myopic radicalized ideology to it that seems to be the exclusive standard used today, and I don't condone corruption with peons or elites. So unless your homes were the result of murdering some grannies, or some such shit, what the hell is your point? As for the occupy protesters... well... that was just a clusterfuck.  So why not respond to the substance, rather than pretend you can pigeonhole my character and politics? Could it be because your objections lack any substance and you know it? Because for all intent and purposes that is what you just admitted to."}
{"_id": "521489", "title": "", "text": "\"If you have an S-Corp with several shareholders - you probably also have a tax adviser who suggested using S-Corp to begin with.  You're probably best off asking that adviser about this issue. If you decided to use S-Corp for multiple shareholders without a professional guiding you, you should probably start looking for such a professional, or you may get yourself into trouble. That said, and reminding you that: 1. Free advice on the Internet is worth exactly what you paid for it, and 2. I'm not a tax professional or tax adviser, you should talk to a EA/CPA licensed in your state, here's this: Generally S-Corps are disregarded entities for tax purposes and their income flows to their shareholders individual tax returns through K-1 forms distributed by the S-Corp yearly. The shareholders don't have to actually withdraw the profits, but if not withdrawing - they're added to their cost bases in the shares. I'm guessing your corp doesn't distribute the net income, but keeps it on the corporate account, only distributing enough to cover the shareholders' taxes on their respective income portion. In this case - the amount not distributed is added to their basis, the amount distributed has already been taxed through K-1. If the corporation distributes more than the shareholder's portion of net income, then there can be several different choices, depending on the circumstances: The extra distribution will be treated as salary to the shareholder and a deduction to the corporation (i.e.: increasing the net income for the rest of the shareholders). The extra distribution will be treated as return of investment, reducing that shareholder's basis in the shares, but not affecting the other shareholders. If the basis is 0 then it is treated as income to the shareholder and taxed at ordinary rates. The extra distribution will be treated as \"\"buy-back\"\" - reducing that shareholder's ownership stake in the company and reallocating the \"\"bought-back\"\" portion among the rest of the shareholders. In this case it is treated as a sale of stock, and the gain is calculated as with any other stock sale, including short-term vs. long-term taxation (there's also Sec. 1244 that can come in handy here). The extra distribution will be treated as dividend. This is very rare for S-Corp, but can happen if it was a C-Corp before. In that case it will be taxed as dividends. Note that options #2, #3 and #4 subject the shareholder to the NIIT, while option #1 subjects the shareholder to FICA/Self Employment tax (and subjects the company to payroll taxes). There might be other options. Your licensed tax adviser will go with you through all the facts and circumstances and will suggest the best way to proceed.\""}
{"_id": "521491", "title": "", "text": "\"Maybe I am a bit jaded but I don't spend a lot of time trying to convince friends or family members to avoid MLM schemes even though I personally see them as scams. If they specifically ask for my advice I will walk them through the economics of the particular MLM that they are interested in. I have found that if you get to pushy in showing your friends or family members that their new \"\"business\"\" is actually a fraud they tend to get defensive and it becomes counter productive to continue trying to convince them of their mistake. You waste your time and anger your friend or family member. It's just not worth it. There are a few key questions I like to ask people about their MLM \"\"business\"\".  What does the business do? How do you make money? How do they make money? You would be amazed at the number of people that sign up and pay money to get into a business and they don't even have the slightest clue what the business actually does. Even fewer have an idea about how they can actually make money because the entire sales presentation focuses on what they could with all of the money they \"\"are going to make\"\". Why does this business need you? What do you bring to the table that the business doesn't already have (skills, contacts, money)? Most MLM's and especially the pyramid schemes focus more on recruiting people than selling products because they make their money on over priced initiation fees, and their products are mediocre at best.\""}
{"_id": "521529", "title": "", "text": "Because Amazon is not even close to being a monopoly. Look at Wal-Mart revenue to Amazon revenue (even with  AWS and everything else). Not even close to being the largest retailer. They are just the largest e commerce retailer. Even there, they still aren't a monopoly.  Add in the fact that a lot of amazon sales are marketplace sales (other online vendors selling through amazon), and you see that Amazon isn't even close to being a monopoly.  Amazon is just really good at retail. Being so good at something that you gain market share is not covered under anti trust law."}
{"_id": "521540", "title": "", "text": "If the check is made out to him, he will have to endorse it. Which means that at some point he will have to physically have the check in his hands. At which point, he could probably just deposit it himself. If there's some problem getting the check to him for him to sign it, you could call the bank and ask if they'll accept it for deposit to his account without a signature. I understand some banks will do this. I would be very surprised if they would let you deposit a check made out to your son to your account. They'd have no way of knowing if your son was agreeable to this or if you were stealing his money. Traditionally, the person the check was made out to could endorse it, give the check to someone else, and then the second person could endorse it and deposit it to their (the second person's) account. That is, the endorsement would have your son's signature, and below that, your signature. But I understand some banks won't accept this any more, so you'd be best to check before trying it."}
{"_id": "521552", "title": "", "text": "The purpose of making sure you met the safe harbor was to avoid the penalty. Having achieved that goal the tax law allows you to wait until April 15th to pay the balance. So do so.  Put enough money aside to make sure you can easily make that payment.  I was in this exact situation a few years ago. I planned my w4 to make the safe harbor, and then slept easy even though the house settlement was in May and I didn't have to make the IRS payment unti 11 months later in April."}
{"_id": "521555", "title": "", "text": "Have his bank put the money on a gift card or gift cards and have somebody send them to you in the mail. In fact, if you are going to spend the money online all you need is the numbers and codes from the card to spend the money.  If you have more time have the bank send you a cashiers check or money order."}
{"_id": "521563", "title": "", "text": "\"I mean this - your thought process is tied to *something*. If I say \"\"soda\"\" a lot of people will have a preconceived notion of what that product is and how it tastes.   It doesn't really matter which product comes to mind but I can guarantee that notion isn't a tasteless clear liquid with a generic label that says \"\"soda\"\" on it.\""}
{"_id": "521566", "title": "", "text": "A private company certainly has the right to make hiring decisions based on whatever criteria they want. The article strongly implied this company was incorporated, which makes it a public institution and that changes things.  My understanding is that laws about discriminatory hiring go into effect once a company reaches a certain size (for example, over 15 employees). It can be strongly argued that once a company reaches a certain size it is more of a public institution than a private endeavor. I like very much that companies like Koch Industries cannot discriminate in hiring, even if they aren't a public company. To allow this would enable the systemic economic persecution of any disliked minority.  Your blathering about half-witted leftist whiners is unnecessary and takes away from the valid point you were making."}
{"_id": "521583", "title": "", "text": "If you're a few decades older, your generation is mostly to blame for this reversal of fortunes in the US.  1969 was the peak of American culture.  Not since 1969 have more cars been sold in the US despite a doubling in the population.  The average age of a US vehicle used to be between 3-5 years now it is between 8 - 12 years old.  A poorer population cannot afford a new car as often anymore.  How do you expect consumes to shop at Sears and give them high profits if they don't have jobs themselves."}
{"_id": "521589", "title": "", "text": "Something you invest in has the ability to grow in value.  So examples of investments would be buying stocks, bonds, currencies, commodities.  Buying your house or a piece of real estate can be considered an investment because the house/property will hopefully be worth more as time passes.  So the act of paying down a mortgage really isn't an investment."}
{"_id": "521590", "title": "", "text": "You probably want the Internal Rate of Return (IRR), see http://en.wikipedia.org/wiki/Internal_rate_of_return which is the compound interest rate that would produce your return. You can compute it in a spreadsheet with XIRR(), I made an example: https://spreadsheets.google.com/ccc?key=0AvuTW2HtDQfYdEsxVlM0RFdrRk1QS1hoNURxZkVFN3c&hl=en You can also use a financial calculator, or there are probably lots of web-based calculators such as the ones people have mentioned."}
{"_id": "521593", "title": "", "text": "No career advice or homework help (unless your homework is some kind of big project and you need an explanation on a concept).   I want to see financial news, legislation concerning the markets and regulation, self posts about financial concepts, opinion articles about finance from reputable sources, etc."}
{"_id": "521604", "title": "", "text": "This is how capital shares in split capital investment trusts work they never get any dividend they just get the capital when the company is wound up"}
{"_id": "521621", "title": "", "text": "&gt; Nokia already has a reputation for building phones that are durable and reliable.   I really think their reputation is all but forgotten now. It doesn't take long. Nobody sees Nokias anymore, nobody talks about them, and so nobody is reminding anyone that they were reliable."}
{"_id": "521622", "title": "", "text": "Yeah, no.   Dunno who 'corporate' is to you but people have shopped based on price since when Ug the caveman made the first wheel and Ra the guy down the street was making jagged hexagon ones for cheaper because his labor costs are lower. No- they don't work as well, or last as long, but if it costs two fewer rocks to get a 6-sided wheel than a round one, Ra will be in business as long as Ug is, and Ug's product is good enough that he isn't going anywhere.   Don't pretend we're in the midst of some product development and purchasing renaissance."}
{"_id": "521635", "title": "", "text": "I was doing some thinking about this a while back, and it makes absolute perfect sense for Amazon to buy UPS with issued shares.  First off, Amazon's stock is overpriced in every form of the word, which means using issued stocks to buy things is the best way to abuse the current situation. It gives even more validity to their share price. Some examples... If lets say Amazon issued 1 extra share for every existing share, it would give them 235 billion of purchasing power. If they used this to buy 235 billion worth of utility companies, the stock price cannot really go down below 235 billion in market cap, because they own 235 billion in real, valuable companies. So if a completely worthless company like the South Seas Company issued stock to buy real businesses, they could make validity to their absurd price. If the South Seas Company had a market cap of 500 billion at their high, and issued 1 share per existing share, and bought 250 billion dollars of businesses and assets, they suddenly became a real company and cannot really go under a market cap of 250 billion. Too bad they didn't, and the company went under almost instantly once the scam was found out.   By buying UPS, they gain the company at a discount of the discrepancy of Amazon's price and intrinsic value. But the biggest reason to merge with UPS is for their current customers. So with deliveries, Amazon would have to spend the same amount on their route as UPS. They still have to hire a driver for 8 hours a day, they still have to pay for the same amount of gas, and they stop at more or less the same amount. So your expenses are fixed. Any extra package that Amazon would deliver that they wouldn't before, is almost pure profit. The expenses don't change if the truck is 3/4 full, or full. Which means that all of UPS's business would become almost pure profit. They need to buy UPS or Fedex, making a new service is a huge mistake. It's probably just a bargaining chip in negotiation because of these reasons.  Also a side note, Amazon should also buy a huge railroad. They have a part in every inch of this country, and to buy its own method of transportation to transport boxes, which is more fuel and time efficient than trucks makes sense. They would also be able to design a lighter weight train designed to just carry boxes. Sending one truck to a warehouse is much more costly than just attaching a light weight train car heading to that warehouse anyways.   Just my two cents if I were CEO of Amazon."}
{"_id": "521641", "title": "", "text": "Apart from some of the excellent things others say, you could borrow money in AUD and invest that in another currency (that's risky but interesting) if the AUD interest rate is low and the other countries interest rate is higher, you'll eventually win. Also, look at what John Paulson did in 2007, 2008... I wish I'd thought of that when I was in your position (predicting a housing crisis)"}
{"_id": "521644", "title": "", "text": "Buying the underlying asset will not completely hedge you, only what lies above 155 dollars (strike + price of option) - you still have the risk of losing everything but 5. You have a maximum earnings-potential of 55 dollars (strike of 150 - investment of 100 + option of 5) but you have a risk of losing 95$ (investment of 100 - option of 5). Say chance of winning everything or losing everything is 50-50, your expected outcome is 0.5 x -95 + 0.5 x 55 = -20$. Is this a great investment? Sure you don't know your odds - otherwise it would be a sure thing. You shouldn't sell the call option if you do not expect prices to go up - but in that case - why not just buy the underlying alone? Speculating in options is a dangerous game with infinite earnings-potential but also infinite loss potential. (Consider selling a call option and not buying the underlying and the price goes from 100 to 1.000.000.000)."}
{"_id": "521646", "title": "", "text": "Australia is not really comparable.   Where she lives in the US, there are 2-3 bedroom homes to rent for $125 per week.   An apartment at the luxury end of the spectrum could be had for $250 per week (which is not viable for a minimum wage earner).  Expenses in the US are far lower than Australia in most areas (outside of healthcare and higher education).        Her life on $1700 per month in Kansas, is probably closer to the life of someone on $40k per year in Sydney.  Not easy, and necessary to be frugal, but not at homeless levels."}
{"_id": "521649", "title": "", "text": "This is becoming a reality as Saudi Arabia moves closer to Russia. It will be interesting to see what happens once the Saudis start to divest in the US Dollar, from what I hear, they hold shit loads in the back ground.  I don't think the world is falling for the Fed Unwind, usually the Fed buys up the US Treasuries to keep the yields low, who is going to buy the Feds shit to keep up demand?"}
{"_id": "521650", "title": "", "text": "Bears will be bears. People flipped shit about trump winning but if you pulled out then. U would have missed like 25%. Honestly timing isn\u2019t worth it and there are 0 signs of a correctly atm"}
{"_id": "521657", "title": "", "text": "You can get audited for anything Business owners are more likely to get audited than people filing 1040-EZ's for their simplistic income tax obligation. According to HR Block I hope you enjoy the process where you explain the source of your earnings"}
{"_id": "521680", "title": "", "text": "Most house transactions require the taxes due to be paid off during closing. This would normally be taken from the proceeds of the sale. Since you have plenty of equity you won't have to come up with cash to do this. Depending on your location taxes are sometimes paid up to the date of sale or in advance or arrears by up to six months. In any event you should have plenty of money to pay off any taxes you may owe. Your real estate agent should be able to give you a definitive answer (or the title agency if you are selling it yourself)."}
{"_id": "521682", "title": "", "text": "&gt;My parable shows the mechanics of how money works.  No, it doesn't.  It shows the mechanics of how a market for credit derivatives works, not money.  Money has no counterparty risk - it is generally a commodity.  So the first thing you should have done in your post (to explain it to a ten year old) is to explain this key distinction.  &gt;I said I wouldn't get into the gold-standard debate, and I won't, and here's why  There's a very important difference between advocating a gold standard and simply pointing out that legal tender laws exist and aren't a good idea.  Your OP's completely gloss over this fact, and they even mislead people into believing that emergent markets naturally use credit derivatives as money rather than commodities (which have no counterparty risk)."}
{"_id": "521683", "title": "", "text": "The rule of thumb I have always heard and what we rent our rental house at is 1% per month at the minimum (in the US). The rent has to cover the mortgage, the property taxes, the homeowners insurance, your income taxes (on the rent), the maintenance of the property and the times when the property is vacant. Even at 1% per month that doesn't leave a whole lot of profit compared to what you put in.  I have no idea why anybody would buy a rental property in Australia if all they could get is 5% per year before expenses. They couldn't possibly be making money in that investment, not to mention the aggravations of getting late night phone calls because something broke in the rental house. No way I would make that investment."}
{"_id": "521684", "title": "", "text": "\"I believe that an understanding of the taxation system can help to understand our place in it, and how that impacts each of our personal finances. I will try to remain unbiased here but this is a somewhat subjective question, so please bear with me if you disagree on any point. Some of these tax savings are well-advertised, and can be used by many people, such as tax credits for mass-transit passes which exists in some countries. But some of these tax savings are things you never heard of before, until it winds up on the news. Why do some people seem to get tax savings that you and I cannot get, and why do those people always seem to have so much more money than us? A simplistic answer can show this in three parts: (1) The source of one's income; (2) Transaction costs; and (3) \"\"tax loopholes\"\". Tax savings occur proportionately to one's income, and if the savings apply to investment income, they occur proportionately to one's wealth. If someone living paycheck to paycheck with a minimal amount in a bank account \"\"saves tax on investment income\"\", they might reduce their taxable interest from $50 to $0. That's because they simply don't have any other investment income to reduce. All of their income comes in the form of employment, which is typically very hard to save taxes on. Most governments have a very firm grasp on the taxation of employment income, because it is a huge proportion of income in the country (and therefore has the largest amount of tax associated), and because it is very straightforward (work for someone = employment income). A more cynical person than I might point out that investment income is earned by the very wealthy, who can afford to lobby for politicians to pass favourable investment income laws. Even very straightforward tax saving opportunities may cost money to enable. The simplest example would be: if a tax saving opportunity is so complicated that an average person can't understand it themselves, then an accountant, lawyer, or banker will need to be the one to explain it. And that can cost you money. If your tax isn't so much to begin with, then the transaction costs to achieve the tax savings could be higher than the tax savings themselves. For example, most countries have tax savings / deferrals if you start a corporation. These rules typically exist to promote investment in the local economy. But someone who earns $10k in a side-business might not be able to afford the $3k in incorporation costs just to save $2k in taxes. The more income and wealth you have, the more these transaction costs become worthwhile. I'm going to generally define \"\"tax loopholes\"\" for the purposes of this answer as something where a somewhat arbitrary situation allows for taxes that a layman would consider unfair or unexpected. This often occurs with good intentions but poor legislation - the government tries to provide a benefit to a deserving group or to promote an activity, but ends up allowing another group to take advantage.  For example in Canada, there existed until a few years ago tax saving rules about passing on wealth to children at lower tax rates, only when a close family member is near-death [setting up a 'testamentary trust' between a grandparent and a grandchild could in some circumstances allow that trust to be created with additional 'tax brackets', meaning more income would be taxed at a less-than top tax rate before being distributed to the grandchildren].  The rules were put in place with the idea that \"\"oh gee, a family member has died, and the dang ol' family is grieving so hard they can't distribute the wealth to the next generation for a few months on account of all the crying. We should make it so that the estate is taxed like a person, and if they earn only a little income, they have a low tax rate, and they only get taxed at the full rate if they have a lot of income\"\". Seems reasonable enough, but if a family is ready to pass on wealth at the same time as someone is nudging the bucket with their foot, a morbid discussion with your lawyer and accountant could set your children up for life with forever reduced taxes on massive inheritances.  In the case of the Panama / Paradise leaks, tax savings are due to all 3 of the above: Those who have massive wealth (and therefore earn the majority of their income from investments instead of employment) can afford the transaction costs associated with taking advantage of specific \"\"tax loopholes\"\". The simplest example of which is just that income earned in a foreign country might have a lower tax rate than income earned domestically. This is often a result of \"\"cracks\"\" in the foreign tax treaties between countries, which exist generally to promote business between countries and prevent double-taxing individuals who need activity in both countries for whatever reason. Take for example the \"\"Apple loophole\"\". Apple has operations around the world. Some activity occurs in low-tax jurisdictions. Apple reports a high percentage of the value of R&D as being associated with those jurisdictions. Those branches in low-tax jurisdictions charge the high-tax branches (such as the US) with fees for use of their valuable research. So much of Apple's income is reported in those foreign jurisdictions. It won't be taxed in the US until Apple \"\"repatriates\"\" the cash back to the US. Until then, the cash sits in the foreign jurisdiction, accruing less tax. This and similar rules can be used by individuals wealthy enough to hold corporations in foreign jurisdictions with low tax rates. How each particular rule / \"\"loophole\"\" works will depend on the nature of a specific case - tax law is complex, and the rules between countries are even more so. These foreign tax loopholes are closing every year. It is getting harder and harder to hide money offshore, and it is getting less and less likely that you will be able to find a country with juuuust the right loopholes for your own offshore wealth. These types of news leaks will only help to expedite those changes.\""}
{"_id": "521688", "title": "", "text": "In most cases, the brand on the card, eg Visa or MasterCard, is a middleman. The company processes the transaction, transferring $xx from the bank to the seller, and telling the bank to debit the buyer's account. The bank is at risk, not the company transacting the purchase. What's interesting is that American Express started as both. My first Amex card, issued in 1979 (long expired, but in my box of memorabilia) had no bank. American Express offered a card that offered no extended credit, it was pay in full each month. Since then, Amex started offering extended credit, i.e. with annual interest, and minimum payments, and more recently, offering transaction processing for banks which take on the credit risk, essentially becoming very similar to MasterCard and Visa."}
{"_id": "521691", "title": "", "text": "&gt;  It may be expensive but it is absolutely the best.       Can you provide a valid source for that claim?  All the numbers for health outcomes I have ready have the US far down the list.   Even in areas like maternal mortality during childbirth, US has far higher rates than other western countries, even [claiming the lives of upper middle class women](http://www.npr.org/2017/05/12/527806002/focus-on-infants-during-childbirth-leaves-u-s-moms-in-danger).       The first steps to resolving a problem, is to admit there is a problem in the first place."}
{"_id": "521712", "title": "", "text": "Unless you need extremely large sums of money, I suggest you use an ATM or look for a credit card that has no foreign transaction fees (rare). AFAIK, it's not possible for a retail buyer to purchase currency at the current exchange rate quoted online.  You are always going to be paying some spread above that, and the ATM gets you the closest. You could also try to use a bank that has branches in your country and Japan (like HSBC) and do your banking there.  Then you likely wouldn't have to pay as much in fees (and possibly could draw on your account in Japan)."}
{"_id": "521715", "title": "", "text": "\"I'd agree with you except for that last part.  Not sure we can really HAVE a large scale war again. Certainly nothing between the major powers (not that the human race would be likely to survive anyway).  What would be more likely would be a dramatic collapse/end of the global economy via a large scale \"\"slamming of the gates\"\" between major nations (i.e. US/China) and subsequent nationalizations/confiscations of foreign assets -- leading to a BIG depression as a lot of paper assets end up becoming worthless and it takes a decade (or more) to sort out who actually (still) owns what, and what the heck it is worth.  Meanwhile, of course, all kinds of civil unrest, riots &amp; looting and the inevitable police-state crackdown... but ultimately then demands for solutions and the election/elevation of some \"\"strong-man\"\" types with dictatorial powers who proceed to run a very low-prosperity command economy with rationing of essentials (for the masses anyway... the elites, as they always do, would retain their privileges).\""}
{"_id": "521719", "title": "", "text": "Karriere in einem innovativen und expandierenden Unternehmen. TELIS FINANZ ist ein deutschlandweit t\u00e4tiges Beratungsunternehmen mit Sitz in Regensburg. Unsere Unternehmensberater f\u00fcr den privaten Haushalt betreuen derzeit \u00fcber 1.000.000 Vertr\u00e4ge. Sie sind Ansprechpartner in allen Bereichen privater Finanz- und Wirtschaftsplanung. TELIS FINANZ steht f\u00fcr Professionalit\u00e4t, Verantwortung und Mehrwert. Auf den folgenden Seiten finden Sie den TELIS-Stellenmarkt."}
{"_id": "521737", "title": "", "text": "You are giving your parents a short term loan. The value of that loan is likely far less than the gift tax exclusion for the year. You only need to account for the money you loaned to them and the money they paid back. This is not income for you unless they pay interest. It is not a gift from them because they are just paying you back."}
{"_id": "521753", "title": "", "text": "I am on employment based visa in USA and want to send dollars from USA to India from my savings (after paying Tax). How much maximum dollars I can send in a day? month? or in a year regularly? There is no such limit. You can transfer as money you like to yourself anywhere. To pay the Bank Loan-student Loan how much maximum dollars I can send in a day, in a month or in a year? to pay that I have to pay directly to that Bank Account or in any account I can send money? You can transfer to your NRE account in India and move it further. You can also send it directly to the Loan Account [Check with the Bank, they may not be able to receive funds from outside for a Loan Account] My mother is having Green Card. She is not working. She has a NRE account in India. Can I send dollars from my USA Bank account to her NRE account in India? what are the rules for that? any Tax or limit for that? Or I have to get any permission before sending it? If you are sending money to your mother, it would come under Gift Tax act in US. There is no issue in India. Suggest you transfer to your own NRE account."}
{"_id": "521758", "title": "", "text": "the crude estimate of missing jobs rises to about 75,600.  You think 75k jobs is a blip?  And that is out of a -0.2 employment elasticity.  As people continue to ask for higher minimum wage, by law, that elasticity will undoubtedly increase.  There is no question about it.  I mean, sure those who keep their jobs are better off, no one doubts that, but there will surely be more unemployment.    EDIT: Sorry I took so long to respond, had to do some other things and I wanted to make sure I gave the article you sent a good read."}
{"_id": "521769", "title": "", "text": "Yes, Edmunds gets money from the dealerships in this program. According to this USA Today article from 2013, dealers pay Edmunds a monthly fee to participate in the program.  This contrasts with TrueCar.com, a similar service, where dealers pay a fee for each sale. And yes, it is certainly possible to negotiate a lower price than the Edmunds Price Promise quote, if you enjoy haggling.  The purpose of the program is not to get you the best price, just the easiest buying experience.   From the USA Today article: Edmunds.com's price promise business model is designed to take the uncertainty out of pricing, speed up the buying process and also comes with the expectation that the customer will be given top-notch customer service. Dealers who have participated find that they are able to sell their cars for $300 to $500 more than consumers who go through the more traditional price quote request process. Customers, [Edmunds.com president and chief operating officer Seth] Berkowitz said, are willing to pay a little more than the best possible deal if they can save time, get great customer service and know they are getting a fair price."}
{"_id": "521780", "title": "", "text": "You really should consider sitting down with an independent financial advisor to run the numbers for the various options and discuss what risks you're comfortable with and what your requirements/goals are. This isn't a simple decision,  unfortunately. Advice I've seen suggested that some portion of the money should stay in the market, earning market rate of return. Exactly how much, and invested in what, is complicated. An annuity is essentially an insurance policy.  The company assumes the risks and promises you specific payments in exchange for keeping the money.  They wouldn't do so if they didn't think that on average they'll pay out less than the combination of your purchase price plus earnings, so you really are paying a fee for this service. Whether it's worth that cost -- and for how much of your money -- depends on how much you have saved and how risk-tolerant you are. I'm going to steal a moment here to point out that many charities offer annuities. These may or may not pay out less than commercial annuities,  but the profits go to a better cause either way. If you plan to leave part of your estate as donation to a charity anyway, this basically lets them have the money earlier while you continue to receive income from it."}
{"_id": "521792", "title": "", "text": "When your profits are increased from mass layoffs and reduced expenses (like r&amp;d) to appease investors, and not based on innovation, new market entry, or competitive advantage.  It's a short term quick win but puts the long term in jeopardy."}
{"_id": "521793", "title": "", "text": "\"Every time people have a little fun with the lotto this comment gets made. Yes, we all understand that your odds of winning are so low that you're basically throwing your money away.  For two Powerball numbers, you know what else I could spend my $6 on?  One beer at a bar.  With that beer, I would get approximately 20 minutes worth of entertainment.   Instead, I buy two lotto tickets and have a few days worth of entertainment, fantasizing with family and friends about what we would do if we hit it big. People pool their money with co-workers and bond over the shared fantasy and the \"\"oh well, I guess we're going back to work tomorrow\"\" after the drawing.  We can all do simple math, but statistics do not usually govern how most of us spend our entertainment budget.\""}
{"_id": "521803", "title": "", "text": "\"TLDR:  There are no to few monetary downsides. The process of settling an estate is called probate.  Creditors can make claims against the estate, and assets should stand to pay any debts.  If more debts are owed then assets, the beneficiaries are not held liable.  Final expenses are usually the first amount paid out in full.  So if the estate only contains enough assets to pay final expenses, then the creditors receive nothing.  Usually creditors are paid pro-rated if there is not enough to cover debts. For the record, the probate process is greatly simplified if one has a will.  Get a will if you don't have one. Life insurance is a bit different though.  It passes directly to the beneficiaries and depending on the state could be untouchable by creditors. The same thing could also happen with retirements accounts.   With 401K accounts, you could take some of it out, and pay tax on that.  You could also roll it into your own account. Property receives a really good benefit.  While it does pass through probate the cost basis of real estate is reestablished at the time of death.  So if grandpa bought a house for 30K in the 40's, and it is now worth 120K.  You inherit a 120K piece of property and when you sell you use 120K as your cost basis not 30K.   Any estate taxes are typically paid by the state, not technically the heirs.  If there is a 5% estate tax and they are to inherit 100K, they will only receive 95K.  They will not receive 100K then be expected to be paid 5K.  \"\"Electrically\"\" the same, but a large difference in responsibility. The biggest downside is if you have a will fight on your hands.  If someone disputes the validity of the will that can incur a lot of legal fees.  For small estates, it may not be worth the fight.   The next is if any assets do go through probate.  The process is lengthy and depending on the executor, they could reduce the size of the estate for charging for their time.\""}
{"_id": "521813", "title": "", "text": "Holy shit that can't be USA unless you're talking about commercial lending, even then sky high rates.  For the 97% LTV we sell at 3.58 last Saturday.  We're a large bank too, so none of that credit unions selling themselves short nonsense.  Mind you that's a special program through Fanny, but our normal rates are something like 4.4-4.55 depending on the day for 80/20  How can you be conservative but loan to credit score of over 500?  We don't even look at under 640 and we're considered somewhat conservative."}
{"_id": "521823", "title": "", "text": "Social media marketing is the best way to promote your business on the social platforms. There are many free social platforms such as Twitter, Facebook, Pinterest, Instagram. Where all businessmen can use to directly engage with their clients. Social media for business has many advantages that it allows you to reach out to a large set of the online audience base. You can get in touch with online society and interact with a large number of the potential client."}
{"_id": "521826", "title": "", "text": "TrumpelThinSkin . . . .psst . . . TrumpelThinSkin  People are starting to wonder about all the little things  The little hands, the little brain, the little pee pee   The little man  and as the realization hits, that a draft dodger with convenient spurs on his feet does not a sheriff make, the snickers grow louder and louder  All over the world, till the laughter will drown out your little voice  No time for sleep, your masters are about to abandon you, as they realize your sheer incompetence has left them dangerously exposed"}
{"_id": "521835", "title": "", "text": "it depends on the area you want to focus in.  to be sure, i will say that pretty much all certificates in finance can be achieved online now.  CFP is a pretty ok one. i have it myself. there is quite a bit of material, but isn't too challenging. it focuses on financial planning/personal finance. certainly aids your technical knowledge but is kind of an analog to help boost your sales. most pure planners i know have this but moreover a series of more technical designations. you must have a bachelors to be given the right to use the CFP.  CFA is a great one for your resume (and knowledge), but makes the CFP look like a summer vacation. it is for analysis, but has a broad range of potential uses. i know brokers, advisors, planners, and people leaders with these marks. if you are very smart, it will take you a minimum of 2.5 years (really 3yr) to complete due to their testing schedule. they also grade on a very steep curve. from what i understand, the amount of information and level of command you must demonstrate also necessitate this lengthy schedule.  beyond that, you can look at getting FINRA licensed in a desired area (e.g. series 7/63 to be a broker). i would caution against this, unless you are very sure of where you want to go or need to meet the requirement for a job. typically jobs with license requirements will permit you 3-6 months to obtain them on company money. you risk spending a good bit of money that won't be reimbursed by getting licensed independently. keep in mind that you cannot actually use your licenses without a firm sponsor.  finally, there are a variety of specialized designations like CWS and CMT that i would also caution against unless sure of desired position or meeting job requirements. it is better, in my opinion, to find yourself in a place where getting these will better position you for your current job rather than wasting time on them and finding yourself in a place where they hold no water."}
{"_id": "521843", "title": "", "text": "\"Probably not. In general, if you withdraw money from a 401k before age 59 1/2, you must pay a 10% penalty. There are some special cases. You can withdraw money to pay certain unreimbursed medical bills, if you are disabled, or to pay back taxes. You can also withdraw money if you are dead. See https://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics-Tax-on-Early-Distributions. There is also a provision that you can make penalty-free withdrawals as long as you take them regularly: \"\"Made as part of a series of substantially equal periodic payments beginning after separation from service and made at least annually for the life or life expectancy of the participant or the joint lives or life expectancies of the participant and his or her designated beneficiary. (The payments under this exception, except in the case of death or disability, must continue for at least 5 years or until the employee reaches age 59\u00bd, whichever is the longer period.)\"\" See https://www.irs.gov/Retirement-Plans/Plan-Sponsor/401(k)-Resource-Guide-Plan-Sponsors-General-Distribution-Rules. (I don't quite understand this rule. You can't take money out one time, but you can take money out multiple times. Oh well. I think the idea is supposed to be that you can take out money for an early retirement.)\""}
{"_id": "521844", "title": "", "text": "\"You need to negotiate with your broker to allow you to do more exotic order types.  One in particular I recommend is a \"\"hidden\"\" aka iceberg order.  You enter two numbers.  The first is the number of shares for your entire order, the second is the amount that will be displayed in the book (this is the tip of the iceberg, the remaining shares are hidden below the surface). The maker/taker rule applies as follows: The amount displayed will receive the rebate for providing liquidity.  The amount hidden will be charged the fee for taking liquidity. Example: You want to sell 10,000 shares total.  You enter a hidden order for 10,000 shares with 1,000 displayed.  On the level 2 screen traders will see 1,000 shares, and those shares will stay displayed there until the entire order is filled.  You receive a rebate for 1,000 shares, you pay the brokerage fee for 9,000 shares. Also, like one of the previous posters mentioned, only trade high liquidity stocks.  Large market cap companies with high volume.  This is why day traders love Tesla, Amazon, Netflix, etc. Large market cap, high volume, and high volatility.  Easy to catch $10+ moves in price. Hope this helps Happy trading\""}
{"_id": "521847", "title": "", "text": "You are planning on buying a car that is 50% of your salary. Add your student debt to that and your total debt is >50% of your salary. I would suggest getting a few credit cards to build up credit, but can you manage that? Buying a 25k car with 55k salary is overspending. Get a second-hand car for 7k or so. Plus, buying a new car is not smart either, from a pricing standpoint, if you really want a new car, buy one that is 1 to 2 years old."}
{"_id": "521868", "title": "", "text": "I'd imagine in this extreme edge case it would round down to $0.   I can't fathom what makes $10.02 or $153.02 any different from $0.02."}
{"_id": "521897", "title": "", "text": "With margin accounts you will be able to use the proceeds from a closed trade INSTANTLY.  Without margin accounts this is the time you close the trade + 3 business days for clearing. In practice this means 4-5 days if there is a weekend or holiday involved between those 3 business days. This ties up your capital for an unfavorable amount of time, where as a margin account lets you continue to use the capital over and over again for more opportunities. You CANNOT sell to open a position in cash accounts. This means no short selling. This means no covered calls or spreads and MANY other strategies. These are the real differences you'll notice in a margin account vs a cash account.  Then there are the myriad of regulations that dictate how much cash you should keep in your account for any margin position."}
{"_id": "521903", "title": "", "text": "so what do you think of this article? we hope you can take the time to post your comments and reactions below. that way, we can help all those who are planning to sign up for credit repair services or are interested to take matters into their own hands in terms of paying off their credit obligations, once and for all."}
{"_id": "521910", "title": "", "text": "As poolie mentioned, you should get online access to your account. This will do a couple of things: Also, consolidate any super you have with different companies. Now."}
{"_id": "521933", "title": "", "text": "These are all factually correct claims. S-Corporation is a pass-through entity, so whatever gain you have on the corporate level - is passed to the shareholders. If your S-Corp has capital gains - you'll get your pro-rata share of the capital gains. Interest? The same. Dividends? You get it on your K-1. Earned income? Taxed as such to you. I.e.: whether you earn income as a S-Corp or as a sole proprietor - matters not. That's the answer to your bottom line question. The big issue, however, is this: you cannot have more than 25% passive income in your S-Corp. You pass that limit (three consecutive years, one-off is ok) - your S-Corp automatically converts to C-Corp, and you're taxed at the corporate level at the corporate rates (you then lose the capital gains rates, personal brackets, etc). This means that an S-Corp cannot be an investment company. Most (75%+) of its income has to be earned, not passive. Another problem with S-Corp is that people who work as self-proprietors incorporated as S-Corp try to abuse it and claim that the income they earned by the virtue of their own personal performance shouldn't be taxed as self-employed income. IRS frowns upon such a position, and if considerable amounts are at stake will take you all the way up to the Tax Court to prove you wrong. This has happened before, numerously. You should talk to a licensed tax adviser (EA/CPA/Attorney licensed in your state) to educate you about what S-Corp is and how it is taxed, and whether or not it is appropriate for you."}
{"_id": "521934", "title": "", "text": "\"This is an old question, but a new product has popped up that provides an alternative answer. There is a website called stockpile.com that allows you to purchase \"\"stock gift certificates\"\" for others.  These come in both electronic and traditional physical form.  This meets my question's original criteria of a gift giver paying for stock without having any of the recipient's personal information and thus maintaining the gift's surprise. I should note a few things about this service: Despite these limitations I wanted to post it here so others were aware of it as an option.  If no other alternative will work and this is what it takes to get a parent interested in teaching their child to invest, then it's well worth the costs.\""}
{"_id": "521938", "title": "", "text": "\"I got that tip from the book \"\"Getting More\"\". It's probably the same style as this book. I read it thinking that the ideas are corny. And then I applied the ideas and for six months, my life was just plain better. It wore off as I forgot the lessons.\""}
{"_id": "521951", "title": "", "text": "Yes! Look at any graph or chart covering the last 100 years.  The graph goes up. It will continue to grow unless there is an extinction event and the population gets reduced.  Corporations will continue to grow to meet the needs of the ever expanding population."}
{"_id": "521963", "title": "", "text": "\"Couple other things if you are doing a quick flight to \"\"get to a meeting\"\"........ First to board so you can continue to work while everyone else gets on the plane.... free internet, newspapers, coffee etc. so you don't have to log in, sign up, pay with a credit card etc. .... first to leave so you can get to your meeting.... as well as bigger seats so you aren't cramped, your suit doesn't get wrinkled... and you don't have some mouth breather looking at your phone / laptop while you work.\""}
{"_id": "521967", "title": "", "text": "Find a lawyer or law firm who wants to represent you and talk to them."}
{"_id": "521987", "title": "", "text": "Congratulations on seeing your situation clearly! That's half the battle. To prevent yourself from going back into debt, you should get rid of any credit cards you have and close the accounts. Just use your debit card. Your post indicates you're not the type to splurge and get stuff just because you want it, so saving for a larger purchase and paying cash for it is probably something you're willing to do. Contrary to popular belief, you can live just fine without a credit card and without a credit score. If you're never going back into debt, you don't need a credit score. Buying a house is possible without one, but is admittedly more work for you and for the underwriters because they can't just ask the FICO god to bless you -- they have to actually see your finances, and you have to actually have some. (I realize many folks will hate this advice, but I am actually living it, and life is pretty good.) If you're in school, look at how much you spend on food while on campus. $5-$10/day for lunch adds up to $100-$200 over a month (M-F, four weeks). Buy groceries and pack a lunch if you can. If your expenses cannot be reduced anymore, you're going to have to get a job. There is nothing wrong with slowing down your studies and working a job to get your income up above your expenses. It stinks being a poor student, but it stinks even more to be a poor student with a mountain of debt. You'll find that working a job doesn't slow you down all that much. Tons of students work their way through school and graduate in plenty of time to get a good job.  Good luck to you! You can do it."}
{"_id": "521996", "title": "", "text": "\"Good for you! At your age, you should definitely consider investing some of your hard-earned and un-needed money in stocks with the long-term goal of having your retirement funded. The time horizon that you'd have would be vastly superior to that of millions of others, who will wait until their thirties or even forties to begin investing in stocks, giving your compound interest prospects the extra time anyone needs for a spectacular vertical incline in your later years. Make sure to sign up to automatically re-invest the dividend payouts of your stocks, please. (If you don't already know how being young and investing well in your early years is more powerful than starting out ten to twenty years later, do a little research on \"\"Compound Interest\"\"). Make sure you monitor your investments. Being young means you have time to correct your investments (sell and buy other assets) if the businesses you initially selected are no longer good investments.\""}
{"_id": "522006", "title": "", "text": "Good marketing is bottom up marketing - finding out what the customers want and giving it to them and not pissing them off . Bad marketing is top down marketing - telling the customers what they will buy , spying on the customers and manipulating the customers . Good marketing involves giving the customers a good deal . This usually involves giving something for free - good advertisement - and something at a reasonable price along with good product and good service ."}
{"_id": "522007", "title": "", "text": "The partition is more or less ok, the specific products are questionable. Partition. It's usually advised to keep 2-3 monthly income liquid. In your case, 40-45 kEUR is ca. 24-27 kEUR netto, i.e. 2000-2250 a month, thus, the range is 4-7 kEUR, as you are strongly risk-averse then 7k is still ok. Then they propose you to invest 60% in low-risk, but illiquid and  15% in middle or high risk which is also ok. However, it doesn't have to be real estate, but could be. Specifics. Be aware that a lot (most?) of the banks (including local banks, they are, however, less aggressive) often sell the products that promise high commissions to them (often with a part flowing directly to your client advisor). Especially now, when the interest rates are low, they stand under extra pressure. You should rather switch to passively managed funds with low fees. If you stick up to the actively managed funds with their fees, you should choose them yourself."}
{"_id": "522027", "title": "", "text": "Sushi a Barcellona \u00e8 un\u2019usanza giapponese: il suo nome originale nyotaimori che pu\u00f2 essere chiamato Naked Sushi a Barcellona. Di questa tradizione non si sa molto: nata intorno al XVII secolo, si pensa che fosse offerta agli uomini per esaltare le fragranze e i sapori dei cibi riscaldati dal calore del corpo umano e per permettere loro di vivere un\u2019esperienza fuori dal comune, ovviamente di tipo erotico."}
{"_id": "522040", "title": "", "text": "\"The company was paying \"\"only\"\" $1 a share in dividends, compared to $10 a share in earnings. That is a so-called payout ratio of 10%, which is low. A more normal payout ratio would be 40%, something like $4 a share. If a $13 stock had a $4 dividend, the dividend yield would be about 30%, which would be \"\"too high,\"\" meaning that the price would go up to drive down the resulting yield. Even $1 a share on a $13 stock is a high dividend of about 7%, allowing for appreciation to say, the $20-$25 range. Graham was a great believer in the theory that management should pay out \"\"most\"\" of its earnings in dividends. He believed that by holding dividends so far below earnings, the company was either being \"\"stingy,\"\" or signalling that the $10 a share of earnings was unsustainable. Either of these would be bad for the stock. For instance, if $1 a share in dividends actually represented a 40% payout ratio, it would signal management's belief that they could normally earn only $2.50 a year instead of $10.\""}
{"_id": "522041", "title": "", "text": "People who provide services like that are called debt councilors or debt advisors. They help you to organize your debts, advise you in prioritizing them and also help you to negotiate or legally challenge any unreasonable levies."}
{"_id": "522049", "title": "", "text": "\"Instead of \"\"stocks\"\" I would refer to that asset class as \"\"equity.\"\"  Instead of bonds, I would refer to that asset class as \"\"fixed income.\"\"  Given that more general terminology, GICs would fit into fixed income.\""}
{"_id": "522072", "title": "", "text": "Yeah that all can definitely be true as well, in fact we both 100% agree on symptoms of low growth. However personally I believe there are always ways to reinvest and build your business. I mean look at AAPL, they allocated $100~ billion into their own Nevada hedge fund buying up high quality debt like it's a fire sale. Some companies create their own VC firms combatting disruptive innovation. We can argue about this all we want but share buybacks can signify a lot of things at the end of the day haha. My main point with the comment above was that the buybacks inflating EPS makes it more difficult to identify true earnings growth of a company.   So serious question, do you know of any ways to filter that out and identify real earnings growth?"}
{"_id": "522089", "title": "", "text": "Honestly, more start-up companies that grow into huge firms should have succession plans that include the founder handing the CEO reins to a professional executive, while they shift over to the Head of Product/Strategy role. Let someone with experience handle corporate governance, shareholder/board relations, HR policy, risk management, financial controls, etc. The founder built their company through their product vision, being a CEO of a multi-billion company is an entirely different skill set.  Really, the Google founders are the ideal model for this. Put your ego aside and let Eric Schmidt handle the CEO stuff, you guys focus on our next moves and making the product the best."}
{"_id": "522103", "title": "", "text": "i've ordered on-line for store pickup a handful of times.....WHAT A FUCKING NIGHTMARE (and i even tried multiple stores to see)    always one person working, disappearing for 5-10 minutes while trying to track down orders, 10+ ppl in line. the last time i just left and vowed to:  NEVER AGAIN, fuck you Wally World"}
{"_id": "522105", "title": "", "text": "Actually quite the opposite. I've had three PS3's in the last 2 years with a decent library of games to go with it. I just don't pretend that Sony is very innovative or even competent these days. They JUST got a decent online store going in the last 2 weeks with their Day One full games when that should have been priority at the launch. They've completely misunderstood and misinterpreted online culture because they've been pushing physical media Blu Ray so hard in the last few years and that has been their only real focus. The world already switched to digital distribution and now they are going to have a hell of a time play catch up.  Edit: They've also neglected to capitalize on what they do have to a great extent like pushing a full library of ps2 games and cherry picking the re-releases of ps1 games. They don't own the properties, but they aren't exactly pushing their 3rd parties too hard about it either."}
{"_id": "522122", "title": "", "text": "It did help her though, she divorced her abusive husband and raised 7 children as a maid. Her eldest daughter, My mother, graduated college, got married, and worked for NIH. Two of her sons went into the Army, another daughter went into the Navy. My parents got divorced due to my fathers alcoholism, i ended up being raised by my grandmother purely due to my mother's illness, an autoimmune illness with no defined cause. My grandmother will be passing along a very expensive house she bought that would likely have been sold years before the gentrification of the area had she not had medicaid to assist with the bills for caring for my mother. Or the monumental amount spent caring for my aunt who went blind and died from cancer. None of this process is possible without the outside help. If there are no programs for people in these situations to take advantage of, then even fewer make it out.   This is my point, there are a ton of forces that act upon you and your life, and I see others not be able to scrounge the assistance needed to deal with their situations. I spent some time going to a SOME clinic for my dentist, seeing men and women who had much worse mental disabilities than my depression, and mine was crippling and caused me to never finish college. I have known people trying their hardest to deal with situations as bad or worse than mine, that don't get the right break. I can sympathize with those who wont take their meds, because I've felt what just some antidepressants do to you, numbing you to the point that nothing matters, a cure as bad as the problem, its just other people think it looks better. I want programs to continue to exist, to be the rungs of the ladder for those trying their best to get out, no not all will, but what's the other option right now? Leave them in it? I have yet to see another path that isn't just leaving people in the shit hole that isn't always entirely their fault.   It's a big ugly problem that you can only solve piecemeal, and may never be fully solved. Some may fail by circumstance, some may fail by personal failing, but removing the ladders, removing the help wont solve anything."}
{"_id": "522127", "title": "", "text": "In Our healthline, we have 30 physios, yoga and professional trainers. They are giving best treatments to their patients. Our team is giving 100% result in spine treatment. Our team believes in best and perfect care of every condition. Our success is better than other spine clinics and hospitals. We have advanced treatments to manage your spinal problems.http://www.slideserve.com/healthline/spine-specialist-in-udaipur-7594882"}
{"_id": "522160", "title": "", "text": "Ideally, one would contribute the maximum amount you're allowed to both the TSP and an IRA. For the 2015 tax year, that would be $18,000 for the TSP and $5,500 for the IRA (if you're 50 or older, then you can add an additional catch up amount of $6,000 to the TSP and $1,000 to the IRA). If, like most people, you cannot contribute the maximum to both, then I would recommend the TSP over an IRA, until you've maximized your TSP. Unquestionably, you should contribute at least enough to the TSP to get the maximum agency match. Beyond that, there is a case to be made to contribute to an IRA for certain investors. Benefits of TSP, compared to IRA: Benefits of IRA, compared to TSP: So, for an investor who wants simplicity, I would recommend just doing the TSP (unless you can invest more, in which case an IRA is a smart choice). For a knowledgeable and motivated investor, it can make sense to also have an IRA to gain access to asset classes not in the TSP's basic index funds."}
{"_id": "522201", "title": "", "text": "Beautify your house with exclusive interior design in Noida. We have extensive experience in designing residential and commercial locations with unique ideas that startle everyone. From a small office to a big shop, from a studio apartment to a villa, we have exclusive designs for each location."}
{"_id": "522209", "title": "", "text": "One theory I've heard on INTC is that it's part of a widely held pair trade with [QCOM](http://www.google.com/finance?q=QCOM), which does appear near the top of the list on the [opposite list of GS VIP long holdings](http://www.marketfolly.com/2012/05/goldman-sachs-vip-list-most-important.html). I don't own INTC or QCOM, but this trade doesn't make much sense to me. While INTC is lagging in mobile, it still has exposure to it, and its [valuation is at the lowest level in 10 years](http://ycharts.com/companies/INTC/price#series=type:company,id:INTC,calc:price,,id:INTC,type:company,calc:pe_ratio&amp;zoom=10&amp;startDate=&amp;endDate=&amp;format=real&amp;recessions=false). A pure long play on QCOM or even AAPL seems like it makes much more sense for this thesis, and avoids having to pay INTC's 3.3% dividend. Disclosure: I don't own INTC, QCOM. Long AAPL."}
{"_id": "522214", "title": "", "text": "\"Yes, that's true, but notice what you've done here. You have given two reasons *why* \"\"management is unable or unwilling to spend on innovation that could generate future earnings to shareholders\"\". You have expanded on rather than contradicted the statement made by the authors of the article.\""}
{"_id": "522218", "title": "", "text": "I would always presume that given a choice of doing what is in its own self interest verses in the customer's interest, a bank will ALWAYS do the former rather than the latter. Banks are in the business of making money, always presume that their policies, processes and contractual terms will be slanted to maximize their ability to make money.  It's not being evil or anything, it's just business, they are under no obligation to be altruistic or do what's best for you at the expense of their profits. So, especially since it's not exactly a hardship, I would always make extra principal payments using a separate check and clearly mark it as an extra principal payment."}
{"_id": "522247", "title": "", "text": "I'd start by looking at how and where socket connections are used. What threads are running, what does the CPU profile of the program look like. Black box testing combined with a fairly quick audit of the codebase (you have to be familiar with the language already, of course) isn't too difficult for most OSS."}
{"_id": "522248", "title": "", "text": "&gt;Managers do not directly create value for the company.  Oh my. Of course they do. Now I can't say that all of them do, there are certainly bad managers out there that destroy value. But it's management's goal to organize the labor and resources in the most efficient way possible, thus creating value. If you put 100 workers in a factory and leave them alone for a week they're not going to know what the hell to do. They need someone to direct them, and make sure they stay the course. An entrepreneur is needed to create a business model that inputs land, labor and capital, and outputs a product or service that people want."}
{"_id": "522257", "title": "", "text": "The literal answer to your question is that a number of different types of mutual funds did not have significant downturns in 2008. Money Market Funds are intended to always preserve capital. VMMXX made 2.77% in 2008. It was a major scandal broke the buck, that its holders took a 3% loss. Inverse funds, which go up when the market goes down, obviously did well that year (RYARX), but if you have a low risk tolerance, that's obviously not what you're looking for. (and they have other problems as well when held long-term) But you're a 24-year-old talking about your retirement funds, you should have a much longer time horizon, at least 30 years. Over a period that long, stocks have never had negative real (inflation-adjusted) returns, dating back at least to the civil war. If you look at the charts here or here, you can see that despite the risk in any individual year, as the period grows longer, the average return for the period gets tighter and tighter. If you look at the second graph here, you see that 2011 was the first time since the civil war that the trailing 30-year return on t-bills exceeded that for stocks, and 1981-2011 was period that saw bond yields drop almost continuously, leading to steady rise in bond prices. Although past performance is no guarantee of future results, everything we've seen historically suggests that the risk of a broad stock-market portfolio held for 30 years is not that large, and it should make up the bulk of your holdings. For example, Vanguard's Target retirement 2055 fund is 90% in stocks (US + international), and only 10% in bonds."}
{"_id": "522268", "title": "", "text": "Considering that household debt as a proportion of GDP is around 45.5% and that I\u2019m easily persuaded that a sizable portion of that 45.5% isn\u2019t creditworthy to begin with, I\u2019d assume a crash is on the horizon in their housing market. That being said, I have a general distrust of China and its business practices and that bleeds over into my opinion. We\u2019ll see what happens."}
{"_id": "522269", "title": "", "text": "How is suggesting to them that they smoke cannabis instead of taking addictive pills that destroy lives a bad thing? There is a huge opiate crisis in the country. It's a massive problem where I live. We don't have a cannabis problem.  People who think the choice of an addict not getting high and getting high are fooling themselves if they think 99% of addicts are going to choose sobriety. That's like preaching abstinence only education. Kids are going to fuck.   In places where medical marijuana has been introduced the use of opiates plummets because they go for whatever drug is the path of least resistance. What I recommend is that people who are addicted to opiate and can't get off of them because they want the high, but the high keeps them physically addicted is that they replace that high with something that doesn't keep them physically addicted.   That isn't calling them weak or stupid or any other thing with a negative connotation that you've concocted in your head that I didn't say. It's smart and it works in places where that is an option."}
{"_id": "522319", "title": "", "text": "Firstly 795 is not even. Secondly - generally you would pay tax on the sale of the 122 shares, whether you buy them back or not, even one minute later, has nothing to do with it. The only reason this would not create a capital gains event is if your country (which you haven't specified) has some odd rules or laws about this that I, and most others, have never heard of before."}
{"_id": "522325", "title": "", "text": "Agriculture is a great sector to get into right now.  The average farmer in US and Canada are at or near retirement age (well past 60). And because most farmers are old, the sector really hasn't changed much. They're proud to say that what they do is passed down for generations.  The sector is ready for new blood and ripe for a revolution to increase productivity. All that is missing is the capital needed."}
{"_id": "522326", "title": "", "text": "The link does not work - try [this link](https://www.fool.com/investing/2017/08/21/how-target-plans-to-replace-10-billion-in-sales.aspx) instead.  Ad for the idea to have your own brands, it may work, or not. It's all about makin good product and people want to buy. So, a lot of competition."}
{"_id": "522332", "title": "", "text": "A decent night's rest is key to your prosperity in the event that you experience issues dozing, or getting up in the morning feeling un-invigorated, at that point it could be your old bedding that is making you fell along these lines. Another bed or Mattresses might be what you have to enable you to have a good sleep."}
{"_id": "522338", "title": "", "text": "Shipping boxes are most ideal if you tend to move goods from one place to another on regular intervals. These boxes offer easy and better packaging and moving and protect your goods from any harm during transit. However, do ensure that you buy shipping boxes from a good and reliable company as boxes made out of poor quality can easily give way and they may not be able to take up the load.  Article Source: http://EzineArticles.com/7302491"}
{"_id": "522341", "title": "", "text": "If you took a fixed loan, but paid it off at the accelerated rate, you would ultimately pay less total dollars in interest. So compare the actual amount paid in interest over the course of the loan rather than the interest rate itself.  That should be your answer. Also, plan on failing in your plan to pay it off and see how that will affect you."}
{"_id": "522344", "title": "", "text": "\"I'm an SF resident. Trust me when I say that the vast majority of this city's residents are VERY sick of the cabs here. Most of the time they won't take you to the part of town that you want to go to (eg. outer Richmond, sunset, etc.), and when they do, it isnt uncommon for them to claim that their card reader is \"\"busted\"\" and make you head to an atm with the meter running to pay in cash or they call the cops.  And the safer driver claim is bullshit. Every cab that I've been in tends to go like 60 mph on geary while road raging and scares the shit out of me. No uber/lyft driver has ever done that.\""}
{"_id": "522358", "title": "", "text": "Personally, I have a little checkbook program that I use to keep track of my spending and balance. Like you -- and I presume like most people -- I have certain recurring bills: the mortgage, insurance payments, car payment, etc. I simply enter these into the checkbook program about a month before the bill is due. Then I can run a transaction list that shows the date, amount, and remaining balance after each transaction. So if I want to know how much money I really have available to spend, I just look for the last transaction before my next payday, and see what the balance will be on that day. Personally, I always keep a certain amount of pad in my account so if I made a mistake and entered an incorrect amount for a check, or forgot to enter one completely, I don't overdraw the account. (I like to keep $1000 in such padding but that's way more than really necessary, it's very rare that I make a mistake of more than $100.) In my case, I don't enter electric bills or heating bills because I don't know the amount until I get the bill, and the amounts fall well within my padding, and for just two bills I can factor them in in my head. BTW I wrote this program myself but I'm sure there are similar products on the market. I used to use a spreadsheet and that worked pretty well. (Mainly I wrote the program because I have a tiny side business that I have to keep tax records for even though it makes almost no money.) You could in principle do it on paper, but the catch to that is that when you write payments on your paper ledger in advance of actually writing the check, you will often be writing down payments out of order, and so it becomes difficult to see what your balance is or was or will be on any given date. But a computer system can easily accept transactions out of order and then sort them and re-do the balance calculations in a fraction of a second."}
{"_id": "522372", "title": "", "text": "You can use trade volume for divergence and convergence studies"}
{"_id": "522374", "title": "", "text": "\"Holy crap you really bought what was being sold.  For 8 years I watched as my gun owning friends, some I would call 2nd amendment \"\"enthusiasts\"\" go crazy as they talked about all the ways their gun owning rights were threatened by that man in the white house.   All the while gun and ammo sales went like gangbusters.  He acted once (twice?) to expand gun rights and, to my knowledge, did nothing to set them back.    For 8 years FUD was spread throughout the \"\"2nd amendment community\"\" while gun and ammo manufacturers profited like crazy and nothing actually threatened them and the NRA was turned into a parody of itself.  It's ...  Odd.\""}
{"_id": "522376", "title": "", "text": "\"Yes, we're on the same page.   But what if incremental improvements in materials, actuators, etc give us a 3D printer with diamond-scribe cutters that *can* machine a block of metal? Cooling will be a problem, but consumers are building liquid-cooled computers and even oil-bath computers and LN2-cooled systems.   A few breakthroughs, and then it's just about commoditizing the machinery. Pricing may never get to \"\"Let's get one for Timmy for his birthday\"\" level, but a $75,000 investment isn't unheard of for a small shop.   The next tipping point would be carbon-fiber and nanomaterials. Maybe we'll figure out how to lay down strands of carbon tubes in a commercial environment. Then a 3D printer builds up the part instead of cutting it out of a block. Or consider a new resin that could be injection-molded into a dynamic mold. We only recently discovered aerogels and green/white technology - not a stretch to consider Bakelite+ that would be strong enough to hold a stator for an industrial motor.   SF authors of the 50s should've known better about flying cars. These were smart men, and if they had simply considered the issues of energy density vs. lifting a metric ton of metal they quickly would've seen that they are simply impractical thanks to the laws of physics.   And us not living on the moon isn't an issue of technology. We just stopped going.\""}
{"_id": "522384", "title": "", "text": "I guess if your sport is Polo it might be $5,000/year, or you have membership at private ski hills or golf clubs.  But most people aren't paying anywhere near that to play soccer or baseball or hockey for a year."}
{"_id": "522411", "title": "", "text": "To me that says nothing good about the manager that said it. You can't quantify everything, and managing the intangibles is a big part of what a manager's supposed to do. If they're just dealing in numbers, they're just a bad approximation of an accountant."}
{"_id": "522423", "title": "", "text": "And how is that abuse, those are their benefits.  If they choose to use them to do drugs or eat food they would still get them either way.  These people are NOT entitled to them.    If they bought the food and didn't eat it, is that abuse too?  I fully understand that's not the intent but at the end of the day how you choose to use the benefits you are entitled to is on you, land of the free right?"}
{"_id": "522428", "title": "", "text": "Yep.  I mostly use Amazon for product research and comparison.  Amazon's prices were always in the ballpark, but now they are often the highest on the Internet.  An extra search or two will get you lower prices somewhere else.  Do not make Amazon your first stop for anything."}
{"_id": "522435", "title": "", "text": "There is an element of, hiring a new person is expensive to do, and involves various commitments with respect to that person (space for them to work, equipment, healthcare, etc.) - which can make it more sensible to pay employees overtime instead of hiring extra staff.  On the other hand, if it really is running like that for years, someone's an idiot."}
{"_id": "522438", "title": "", "text": "With an annuity, you invest directly into an annuity with money you have earned as wages/salary/etc. You pay for it, and trade your payments into the annuity for guaranteed payments from the annuity issuer in the future. The more you pay in before the annuity payments begin, the more you will receive for your annuity payment. With a pension, most often you invest implicitly, rather than directly, into the pension. Rather than making a cash contribution on a regular basis, it is likely that your employer has periodically invested into the pension fund for you, using monies that would otherwise have been paid to you if there were no pension system. This is why your pension benefits are often determined based on years of service, your rate of pay, and similar factors."}
{"_id": "522442", "title": "", "text": "Shhh...  I have an idea.  Hey let's you and me - the only owners of the public gold mines we don't mine fully to keep prices high - appear to make more gold available by making a swap agreement tied with pricing deals designed to have the affect of keeping prices high.  Then maybe the government won't demand the public gold mines back that they only sold to us with the caveat we actually mine them fully."}
{"_id": "522462", "title": "", "text": "You check your 401(k) retirement account, making sure your portfolio is carefully balanced. You scan your bank and credit card statements from time to time to verify the charges. These are things responsible people do.  &gt;But there\u2019s a good chance you\u2019ve spent time recently on a chore you didn\u2019t sign up for: finding out if hackers possibly stole information about you from Equifax Inc.,  That's where you're wrong, kiddo. Why would I need to freeze my credit? Because someone else was stupid?  Ah, hahaha, ha. nope."}
{"_id": "522481", "title": "", "text": "While the Affordable Care Act (ACA) started as a relative moderate price insurance, it quickly became expensive, unaffordable, tax for those who don't want/need it, and hard to get as in some states you have only one choice (or no choices very soon).  It destroys and destroyed the medical profession. Doctors have no control on how and what they get paid for their work. You can't be an independent doctor and what you paid is very little, not worth your time in many cases.  It's even costly for the insurance companies and many of them dropped from the program.  Trump and I are NOT(!) against National healthcare system.  Both Trump and me want to fix the system and make it reasonable, better and fair."}
{"_id": "522486", "title": "", "text": "\"They aren't necessarily trustworthy. Many institutions claim to have a \"\"Chinese Wall\"\" between their investment banking arms and analysis arms. In practice, these walls have sometimes turned out to be entirely imaginary. That is, analysis is published with an eye to what is good for their investment banking business. One of the most notorious cases of this was Henry Blodget, an analyst with Merrill Lynch during the dot-com bubble. Blodget became a star analyst after he correctly predicted Amazon would hit $400/share within a year. However some of his later public analysis dramatically conflicted with his private comments. Famously when he started covering GoTo.com, rating it as \"\"neutral to buy\"\", he was asked  \"\"What's so interesting about Goto except banking fees????\"\" Blodget replied, \"\"nothin\"\". Eventually he was permanently banned from the securities industry.\""}
{"_id": "522499", "title": "", "text": "It's best to start hard then get nicer if you want.  Make a quick example of anyone who gives you grief or tests you. Others will then quickly fall in line. Some people are like children and need a firm hand.  Firm, Fair, and Frank.  A little Machiavellian I know but speaking from experience it works."}
{"_id": "522503", "title": "", "text": "Did you just completely skip the link I posted earlier about a company working on this very thing? Also, you keep on moving the targets to continue your objections. You were the one that said $12/hr. I showed how a machine could be a cost effective alternative. People are working on these machines *right now*. It may take a decade for market penetration, but this is happening.  I don't expect my level of job to be impacted by it for a long, long time, but there will be pressure applied to the job market itself."}
{"_id": "522510", "title": "", "text": "\"&gt; Who gets control of your wealth when you pass away then?  If someone has no remaining heirs in his/her generation then he/she can leave the money to the charity/non-profit of choice.  Of course, it would be illegal to set up the \"\"give lots of money to Mr. Burns descendants\"\" endowment.\""}
{"_id": "522511", "title": "", "text": "Since there are no details (rightfully so). You need to know how it will make money, period. Snap chat sounded like a weird idea, but it got super popular and is valued very high. But guess what - it doesn't know how to make money. Which is why the value has been so volatile and going down. You need to know how your idea will *very specifically* make money. Details about your target audience, how many people does it include, how you will attract them, why they would want your product or service over someone else's, how you will give it to them, how much they would pay, how often would it be needed. And you need to know how much money it will cost you to make that money so figure out the costs you need to know the exact resources that you will need, how much they will cost, how long it will take to even begin execution, and how long you expect it will be until you are cash flow positive. There's a lot more but hopefully that's a starting point for you since you seem to not any real research done"}
{"_id": "522532", "title": "", "text": "Regarding the opportunity cost comparison, consider the following two scenarios assuming a three-year lease: Option A: Keep your current car for three years In this scenario, you start with a car that's worth $10,000 and end with a car that's worth $7,000 after three years. Option B: Sell your current car, invest proceeds, lease new car Here, you'll start out with $10,000 and invest it.  You'll start with $10,000 in cash from the sale of your old car, and end with $10,000 plus investment gains. You'll have to estimate the return of your investment based on your investing style.   Option C: Use the $10k from proceeds as down payment for new car In this scenario you'll get a reduction in finance charges on your lease, but you'll be out $10,000 at the end. Overall Cost Comparison To compare the total cost to own your current car versus replacing it with a new leased car, first look up the cost of ownership for your current car for the same term as the lease you're considering.  Edmunds offers this research and calls it True Cost to Own.   Specifically, you'll want to include depreciation, fuel, insurance, maintenance and repairs.  If you still owe money you should also factor the remaining payments.  So the formula is: Cost to keep car = Depreciation + Fuel + Insurance + Maintenance + Repairs On the lease side consider taxes and fees, all lease payments, fuel, and maintenance.  Assume repairs will be covered under warranty.  Assume you will put down no money on the lease and you will finance fees, taxes, title, and license when calculating lease payments.  You also need to consider the cost to pay off your current car's loan if applicable.  Then you should subtract the gains you expect from investing for three years the proceeds from the sale of your car. Assume that repairs will be covered under warranty.  The formula to lease looks like: Lease Cost = Fuel + Insurance + Maintenance + Lease payments - (gains from investing $10k) For option C, where you use the $10k from proceeds as down payment for new lease, it will be: Lease Cost = Fuel + Insurance + Maintenance + Lease payments + $10,000 A somewhat intangible factor to consider is that you'll have to pay for body damage to a leased car at the end of the lease, whereas you are obviously free to leave damage unrepaired on your own vehicle."}
{"_id": "522554", "title": "", "text": "According to the tax reform framework, changes to the current tax code would eliminate important provisions, such as the state and local tax deduction, while nearly doubling the standard deduction and eliminating personal and dependency exemptions. NAR believes the result would all but nullify the incentive to purchase a home for most, amounting to a de facto tax increase on homeowners, putting home values across the country at risk and ensuring that only the top 5 percent of Americans have the opportunity to benefit from the mortgage interest deduction.  This isn't good and serves no benefit. You would THINK someone with a background in real Estate would know this. It appears not.  There would also be a rise in rents as taxes go up."}
{"_id": "522578", "title": "", "text": "Assuming your tax status in India is Non-Resident. The funds are deposited in an NRE account, there is nothing that needs to be done. If you have any income in India, then you would need to file a tax return."}
{"_id": "522579", "title": "", "text": "A negative balance in your Debit Account means you owe money to the bank - and yes, it probably means you have used more than what you had in your account ( overdraft )."}
{"_id": "522587", "title": "", "text": "I just switched (from the abandoned, but good MS Money) to Moneydance 2010"}
{"_id": "522602", "title": "", "text": "Look. I don't contest that Sony is an *immense* company, nor that they make a lot of shit. You're obviously right, and the stuff I wrote sounds ignorant from your perspective. Got it.  And I'm not saying Sony isn't selling a bunch of hardware -- the PS3 has slowly made up for its ridiculous launch -- but things are changing. Sony isn't the market leader it once was. The kids don't *all* have Playstations anymore, neither do they have Walkmans.  What I am saying, though, is that once I have Netflix on my PS3, why should I buy a PS4? Sony could have been their own damn Netflix, but they end up making just the machine Netflix runs on -- and making it physically painful to get Netflix to install and run. *That's* my point about software killing hardware."}
{"_id": "522613", "title": "", "text": "Nowadays telephones can do so much more than just make calls. Using a VOIP business phone provides you with many additional systems features not available in ordinary phones. Here are five features of phones that every business needs."}
{"_id": "522615", "title": "", "text": "Anderson Consulting was spun off and IPO'd in 2001 to get cash for consulting and non-consulting partners. (KPMG also spun off its consulting group in 2001 and E&amp;Y spun off in 2000, PWC sold off its consulting in 2002). At the time is was a cash grab, within a few years every of the Big5 had formed new consulting groups."}
{"_id": "522619", "title": "", "text": "\"The Trustee has allowed me to act as his \"\"agent\"\", continuing to pay   bills, and take care of much of the administrative affairs for my   mother's estate since I did all of it for years before she passed   away. I was not paid for any of this work. ... The expenses were more than $30K last year, and there is still a punch list to go this year. The trust should reimburse your expenses and deduct them on the trust tax return. Since the Trust owned the property in 2015, and I will receive ownership this month, can last year's expenses incurred for the Trust be deducted again future income for my property this year?  Not exactly. The trust will file its own tax return and will report the income/loss attributed to the beneficiaries per the trust rules. What is attributed to you will flow to your Schedule E. From there you own it and if it is a passive activity where the loss is limited - you can carry it forward and offset with future gain. The trustee will have to deal with all the paperwork. Do 1099-misc forms need to be filed for the contractors who worked to get it ready for rental? It is my understanding that since 2010 (and before 2010) landlords who are not in real-estate trade or business are not required to send out 1099. But it won't hurt if you do, also. In any case - for all of these issues you should talk to a tax adviser (EA/CPA licensed in your State).\""}
{"_id": "522620", "title": "", "text": "More wisdom from the armchair economist who can't answer a simple question. And I see you still haven't found your balls yet. Don't worry. They'll drop some day.  Or wait, do you need reminding of what the question is? Memory can be hard when you're slow."}
{"_id": "522645", "title": "", "text": "If you fail, what's going to happen? Corporate jobs are going to think you lack ambition and the ability to work?   Tbf, it is what it is. There are plenty of high skilled jobs you just need to acquire the skills and experience these jobs are looking for. Hit the ground running and get internships asap, have a curiosity that can't be quenched. Go to career counselor, go to office hours etc.   Plan it out and go full steam, don't slack."}
{"_id": "522655", "title": "", "text": "Keep 3-6 months (or more if you need to, for me the number is 9 months) worth of expenses in an emergency fund.  Put the rest against the student loan.   The length of time depends on your situation.  I have family, and work in IT.  Changing jobs takes me longer, because ... reasons.  Having less than 6-9 months of buffer means that I have to rush and possibly take a position that is not a good fit, or get behind on payments. So, set aside your emergency fund, add to it if you need to.  Once it is fully funded, take the money you were using to fund the emergency fund and budget that to clearing student loans.  Also, don't start new credit cards, and be sure to never carry a balance on them. I know it seems like a lot, but keep in mind that yours is small, and you'll likely be able to knock it out in a very short time. Edit (after OP listed expenses): Taking into account the expenses you listed, it looks like you have about 2000 per month in expenses (if you're in emergency fund mode, luxuries can wait, and you can tighten the belt on food, so go with the lower end of your estimate.)  Lets say you have 600 a month to work with.  My suggestion would be bring savings up to $6000.  That will take you two months.  Then pay 850 a month to student loans.  You'll be paid off in a year, and still have 6000 for emergencies. Once you're done, you will have 850 a month to save and invest.  With patience, persistence and care, you can start a nest egg that will allow you to remain financially independent.  Search around for FIRE (financial independence, retire early) and other strategies for retirement savings and investing.  Be sure to save for retirement.  The worst inheritance to leave your loved ones would be to become financially dependent upon them in your later years.  And watch out for credit, it's a trap."}
{"_id": "522658", "title": "", "text": "If I buy 10 stocks on Monday and sell the same on Tuesday (different trading day) would I be considered a day trader? No. It is only counting if you buy something and then sell that same something during the same trading session. And that counter only lasts for 5 days, things that happened outside of that time period get removed from the counter. If the counter reaches a number (three to five, depending on the broker), then you are labelled as a pattern day trader, and will have your trading capabilities severely restricted unless you have an account size greater than $25,000"}
{"_id": "522669", "title": "", "text": "\"Like the old American Express commercial: \"\"no preset spending limit\"\". It is really up to the bank(s) in question how big a cheque they are willing to honour. A larger amount would likely be held longer by a receiving institution to ensure that it cleared properly, but nothing written in law (in Canada, that I am aware of).\""}
{"_id": "522671", "title": "", "text": "When you pay interest on a loan used to fund a legitimate investment or business activity, that interest becomes an expense that you can deduct against related income. For example, if you borrowed $10k to buy stocks, you could deduct the interest on that $10k loan from investment gains.  In your case, you are borrowing money to invest in the stock of your company.  You would be able to deduct the interest expense against investment gain (like selling stock or receiving dividends), but not from any income from the business. (See this link for more information.) You do not have to pay taxes on the interest paid to your father; that is an expense, not income.  However, your father has to pay taxes on that interest, because that is income for him."}
{"_id": "522686", "title": "", "text": "There's not an ounce I've said which is incorrect. If you care to make claims like that, reinforcing them would be good, at least insosofar as others won't be needlessly vexed by what you've baselessly said thus far."}
{"_id": "522698", "title": "", "text": "&gt; Only way to stay ahead is get as educated as possible.   ya... only problem... Americans are basically retarded in almost every measure by international standards.  Not all Americans... but the smart ones are not staying here for much longer."}
{"_id": "522713", "title": "", "text": "\"Not sure how I came across the Motley Fool blog in the first instance, but found the writing style refreshing - then along came some free advice on ASX share prospects, then the next day and email expounding the benefits I would get by joining up for two years at 60% off if I hit the button \"\"now\"\", getting in at ground floor on the next technology stock rocket - I replied: \"\"What a hard sell - why wouldn't I apply the age old adage of \"\" If it sounds too good to be true, it probably is\"\" Their reply was; \"\"Thanks for your note. The honest answer is that despite people knowing they should do something to help themselves prepare for their financial futures, few actually do it. We find these messages actually work in getting people to hit 'yes', much better than an understated email that just says 'here are our results and our philosophy - let us know if you're interested', unfortunately. Yours Foolishly\"\" So I have put some of these recommendations onto a watch list, time will tell.\""}
{"_id": "522718", "title": "", "text": "\"&gt; Also, if accounting suddenlly decides to hire a bunch of new employees why should the cost for the computers come out of IT's budget?   What does it even mean for something \"\"to come out of IT's budget?\"\" As far as I can tell, what it means is that you don't understand the difference between a planning tool and a t-account.  &gt; As long as IT's budget is subserviant to the whims of other departments you can't really call it a budget at all. Rather, it is just a pool of money that anyone can dip in to.  Budgets aren't pools of money at all, they're planning tools. Actual pools of money are t-accounts. I am nearly 100% certain that your IT department doesn't not have its own t-account, though once the distinction between budgets and t-accounts are so thoroughly confused that you are commonly saying things \"\"come out of our budget,\"\" the next logical step can appear to be inter-departmental charge-backs.  The reality is that business expenses are driven by growth and constrained by cash flow. Managers must learn how to produce budgets that anticipate growth, so that cash flow can be managed by the accountants, and so that executives can make decisions about priorities.  Doing inter-department charge-backs is a way of doing this in an organization whose relationships are so fucked up that you can't do it by actually talking to each other. Have fun with that.\""}
{"_id": "522722", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://newrepublic.com/minutes/143174/purest-supply-side-economics-experiment-date-finally-over-unmitigated-failure) reduced by 67%. (I'm a bot) ***** &gt; The paper&amp;#039;s editorial board weighed in on Virginia&amp;#039;s gubernatorial race on Tuesday, backing Lieutenant Governor Ralph Northam, the choice of his state&amp;#039;s political establishment, over former Representative Tom Perriello, who&amp;#039;s favored by a host of national Democratic leaders, especially on the party&amp;#039;s progressive wing.  &gt; Reminding readers of Northam&amp;#039;s coziness with Republicans is, as Perriello&amp;#039;s communications director.  &gt; He might be left of Northam on some issues, but Daily Beast special correspondent Michael Tomasky wrote on Tuesday that &amp;quot;Perriello is about as close to a synthesis of the Hillary and Bernie wings as the Democratic Party is going to get.&amp;quot; Perriello plausibly calls himself a &amp;quot;Pragmatic populist.&amp;quot; &amp;quot;He&amp;#039;s a diplomat, not a fiery agitator; he&amp;#039;s a Hillary Clinton admirer and a man with a pragmatically centrist voting record,&amp;quot; FiveThirtyEight&amp;#039;s Clare Malone wrote in March.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fwiav/the_purest_supplyside_economics_experiment_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~138920 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Perriello**^#1 **Northam**^#2 **state**^#3 **Governor**^#4 **Post**^#5\""}
{"_id": "522723", "title": "", "text": "\"My recommendation is to pay off your student loans as quickly as possible. It sounds like you're already doing this but don't incur any other large debts until you have this taken care of.  I'd also recommend not buying a car, especially an expensive one, on credit or lease either. Back during the dotcom boom I and many friends bought or leased expensive cars only to lose them or struggle paying for them when the bottom dropped out. A car instantly depreciates and it's quite rare for them to ever gain value again. Stick with reliable, older, used cars that you can purchase for cash. If you do borrow for a car, shop around for the best deal and avoid 3+ year terms if at all possible. Don't lease unless you have a business structure where this might create a clear financial advantage. Avoid credit cards as much as possible although if you do plan to buy a house with a mortgage you'll need to maintain some credit history. If you have the discipline to keep your balance small and paid down you can use a credit card to build credit history. However, these things can quickly get out of hand and you'll wonder why you suddenly owe $10K, $20K or even more on them so be very careful with them. As for the house (speaking of US markets here), save up for at least a 20% down payment if you can. Based on what you said, this would be about $20-25K. This will give you a lot more flexibility to take advantage of deals that might come your way, even if you don't put it all into the house. \"\"Stretching\"\" to buy a house that's too expensive can quickly lead to financial ruin. As for house size, I recommend purchasing a 4 bedroom house even if you aren't planning on kids right away. It will resell better and you'll appreciate having the extra space for storage, home office, hobbies, etc. Also, life has a way of changing your plans for having kids and such.\""}
{"_id": "522734", "title": "", "text": "You need to find out if the credit card has been reporting these failed automated payments as late or missed payments to your credit report. To do this, go to annualcreditreport.com (the official site to get your free credit reports) and request your report from all three bureaus. If you see late or missing payments reported for the months where you made a payment but then they did an automatic payment anyway, you should call up the credit card company, explain the situation, and ask them to retract those negative reports. If they refuse, you should dispute the reports directly with the credit bureaus. If they have been reporting late payments even though you have been making the payments, that will impact your credit much more than the fact that they closed your account.  Unfortunately, they can turn off your credit account for any reason they like, and there isn't much you can do about that. Find yourself another job as soon as you can, get back on your feet, pay off your debt, and think very carefully before you open another credit card in the future. Don't start a new credit card unless you can ensure that you will pay it off in full every month."}
{"_id": "522753", "title": "", "text": "The IBAN uniquely identifies a Bank and Account number Globally. Technically only IBAN should be sufficient.   However in real world, today the way application have got developed [over a last 30 years without IBAN being in place], require Beneficiary Bank Code [identifiers], because based on that they determine how the payment needs to be processed.   Although IBAN has been adopted by more countries in Europe [plus Australia, New Zealand and more], there applications have not yet undergone the required change to fully support the real purpose or essence of IBAN. It would still be quite some time for IBAN to be truly functional."}
{"_id": "522759", "title": "", "text": "Mutual funds (that are not exchange-traded funds) often need to sell some  of their securities to get cash when a shareholder redeems some shares. Such transactions incur costs that are paid (proportionally) by all the shareholders in the fund, not just the person requesting redemption, and thus the remaining shareholders get a lower return. (Exchange-traded funds are traded as if they are shares of common stock,  and a shareholder seeking a redemption pays the costs of the redemption). For this reason, many mutual funds do not allow redemptions for some period of time after a purchase, or purchases for some period of time after a redemption. The periods of time are chosen by the fund, and are stated in the prospectus (which everyone has acknowledged has been received before an investment was made)."}
{"_id": "522768", "title": "", "text": "Let's look at the two options.  It sounds like, at this time, the company has enough cash to pay you a salary or pay your loan off, but not both at the same time. Ideally, in the future, there will be enough cash flow to be able to do both at the same time.  If you start your salary now, when the cash flow increases to the point where the company can pay off your loan, you will continue to receive your salary while the loan is being repaid. So it is probably most advantageous to you to start the salary now and wait with the loan payments. (If you think that the company is not going to make it and there is a danger of not ever getting the loan repaid, this could change; however, you are probably optimistic about the company, or you wouldn't have made the loan and agreed to work for free in the first place.) With the other option, the company gets out of debt quicker and cheaper. I can totally understand your brother wanting to eliminate this debt ASAP.  It looks like you and your brother had different expectations about what was going to happen. That's why it is so critical to put these kinds of agreements in writing. If you had had a payment schedule in your written loan agreement, this wouldn't be an issue. Of course, the issue of how long you would continue to work for free would still be there, but this could also have been decided ahead of time. As is, you have two different things going on that were left up in the air with no formal agreement.  As to what is fair, that is something only you and he can work out. Perhaps you can propose a payment schedule for your loan that the company can afford now while paying your salary; that way, you will start getting paid for working, and the company will start moving toward eliminating the debt.  I hope that you will be able to agree to a solution without ruining the relationship you have with your brother. Besides the fact that family relationships are important, a rift between the two of you would certainly be disastrous for the company and, as a result, your and his finances."}
{"_id": "522771", "title": "", "text": "\"&gt; She worked 14 years in security because she has no interest?  With at least 98% certainty, her getting a job in Computer Security at Equifax, despite a Musical background, is because she knows someone, or someone at Equifax knows her. Further, she got a fat salary, so why not work in this area despite having no interest in it?  Worse: no self respecting real Computer Security experts will work for her. Can you imagine a real expert disagreeing with Susan about technical things? She will get rid of him/her in 2 seconds.  Are you surprised to hear that many managers get their jobs just because they know someone or are very good in politics and back stabbing and no other talent? Without a doubt, a high percentage of managers are terrible, clueless about the area they manage and the how to manage people. Try to get rid of a manager who's obviously terrible.  **As for me, many people work for me, people I interview and decided to hire. I will NEVER hire a someone with a Music background for an IT position unless they have experience and know the job they are hired for. And even for an entry level IT position, not much experience is required, I will not hire a Music major, because, clearly, their interest is not IT. I will only hire a person who studied IT.**  Definitely, a veteran with military background is much more qualified for a security work than someone with a high school or even a bachelor degree in Music or \"\"Communication\"\".  Finally, to show you how great Susan was at Security, read below what she has to say about Information Security. Then tell me, do you really think she has any talent in that area.  [http://archive.is/6M8mg](http://archive.is/6M8mg)  &gt; Susan: \u201cThere are a lot of things to consider with that. One school of thought says that when you put corporate assets into the cloud, they are more secure because you know exactly what you have there. You have an exact inventory, you know exactly who has access to that data, and how it is controlled.\"\"  **This is so dumb and so incorrect and untrue.**\""}
{"_id": "522781", "title": "", "text": "I think I have been on Reddit for 2 years and I was a huge steak and meat fan until recently: my wife suggested we go vegan and after doing some research on environmental impact and practices I couldn't in good conscience continue to eat any animal products."}
{"_id": "522792", "title": "", "text": "No, it is not. If that were the case, you would have no such thing as a growth stock. Dividends and dividend policies can change at any time.  The primary reason for investment in a company is access to a firm's earnings, hence the idea of P/E. Dividends are factored in with capital appreciation, but studies have shown that dividends are actually detrimental to future growth.   They tend to allow easier access to shareholders because of the payouts, reducing the cost of equity. But, if you reduce the growth rate as well, sensitivity tables can demonstrate deterioration or stagnation over time.   Some good examples are GE and Microsoft."}
{"_id": "522798", "title": "", "text": "There are 2 main types of brokers, full service and online (or discount). Basically the full service can provide you with advice in the form of recommendations on what to buy and sell and when, you call them up when you want to put an order in and the commissions are usually higher. Whilst an online broker usually doesn't provide advice (unless you ask for it at a specified fee), you place your orders online through the brokers website or trading platform and the commissions are usually much lower. The best thing to do when starting off is to go to your country's stock exchange, for example, The ASX in Sydney Australia, and they should have a list of available brokers. Some of the online brokers may have a practice or simulation account you can practice on, and they usually provide good educational material to help you get started. If you went with an online broker and wanted to buy Facebook on the secondary market (that is on the stock exchange after the IPO closes), you would log onto your brokers website or platform and go to the orders section. You would place a new order to buy say 100 Facebook shares at a certain price. You can use a market order, meaning the order will be immediately executed at the current market price and you will own the shares, or a limit price order where you select a price below the current market price and wait for the price to come down and hit your limit price before your order is executed and you get your shares. There are other types of orders available with different brokers which you will learn about when you log onto their website. You also need to be careful that you have the funds available to pay for the share at settlement, which is 3 business days after your order was executed. Some brokers may require you to have the funds deposited into an account which is linked to your trading account with them. To sell your shares you do the same thing, except this time you choose a sell order instead of a buy order. It becomes quite simple once you have done it a couple of times. The best thing is to do some research and get started. Good Luck."}
{"_id": "522811", "title": "", "text": "Hard water stains and limescale on fixed showerheads can be very tough to remove with ordinary cleaners, but with the right choice, they are easily removed. A lime scale remover cleans and removes acidic minerals effectively and leaves the surface area sparkling clean and hygienic with a fresh fragrance. There are many lime scale removers available in the market today to prevent further damage to these various components. The remover is safe to use on any type of surface and also saves time by doing most of the cleaning work for you."}
{"_id": "522813", "title": "", "text": "There's only one real list that states what people think stock prices should be, and that's the stocks order book. That lists the prices at which stock owners are willing to buy stocks now, and the price that buyers are willing to pay.  A secondary measure is the corresponding options price. Anything else is just an opinion and not backed by money."}
{"_id": "522816", "title": "", "text": "Simply put this has to stop. We are creating a world with abusing antibiotics that none will enjoy. Don't take my word for it - talk to the WHO. Skinned knees will become life threatening, and hip replacement surgeries etc will be impossible, as infection will be a major issue.   Edit: http://www.newscientist.com/article/dn21757-dont-let-up-in-war-against-antibiotic-resistance.html  That might help you guys out understanding this. To the guy who couldn't understand what I was writing about...just move along."}
{"_id": "522832", "title": "", "text": "&gt; I wish that /r/economy had Submission Statement requirements like /r/TrueReddit so that when someone posts an antagonistic title like this would be forced to at least state their stance on the topic.  How does it work over there?"}
{"_id": "522836", "title": "", "text": "\"Sears CEO has asset-stripped it - he's sold its assets to his own investment fund, even loaning himself the money to do so.  If I recollect there was a warning to this effect in the annual report earlier this year - \"\"the interests of Mr Lampert and his associates may not be the same as shareholders' interests\"\".  https://www.google.com/#q=sears+ceo\""}
{"_id": "522839", "title": "", "text": "Yahoo! Finance would list it as 3.30 for the 20 year corporate AAA bonds. This is using the criteria from the Wikipedia link you stated in the initial question."}
{"_id": "522848", "title": "", "text": "There's more to owning a car than just the expense. Taxi or Uber isn't a good solution for the end of the night when your date is a little bit drunk and wants to park somewhere and jump in the back seat with you. If you're married and have kids, a car will help you with taking the kids to school or day-care. If you're single with no kids, a car can help you get married and have kids. People in China joke that BMW means Be My Wife."}
{"_id": "522863", "title": "", "text": "That kinda sucks. I just figured out that Kmart has cashback coupons for video games that they don't advertise on new releases if you sign up for their rewards card.  I got $30 cashback for Arkham City which I used for Skyrim at 30 bucks back that I used on Ocarina of time that gave me $15 for Marioland 3D which gave me $15 for Mariokart 7 and I am currently sitting on another $15 from that...   They work like store credit only for games.. but hell...   The problem is that they often times don't advertise them so it seems hit or miss, but since I started getting games there at release, I have yet to miss."}
{"_id": "522867", "title": "", "text": "\"Right, there were technological differences between early societies and modern societies.  But there is no necessary connection between a voluntary society and violence - in fact, quite the opposite.  It is possible to have water and electricity production without coercion.  I'm not arguing we go back to those times/societies.  I'm only pointing out that it is entirely possible for a stable society to exist that functions along those lines.  Also, the technology you see today is not necessarily reliant on monopolists of force.  Humans discovered the \"\"recipe\"\" to create certain new tools, and we won't lose those recipes in the future, through different forms of governance.  Any argument in favor of government is effectively an argument in favor of monopoly.\""}
{"_id": "522874", "title": "", "text": "Thats a very open question, Depends on the risk you are willing to take with the money, or the length of time you are willing sit on it, or if you have a specific goal like buying a house.  Some banks offer high(ish) rate savings accounts http://www.bankaccountsavings.co.uk/calculator with a switching bonus that could be a good start. (combining the nationwide flexdirect and regular saver) if you want something more long term - safe option is bonds, medium risk option is Index funds (kind of covers all 3 risks really), risky option is Stocks & shares. For these probably a S&S ISA for a tax efficient option. Also LISA or HtB ISA are worth considering if you want to buy a house in the future."}
{"_id": "522886", "title": "", "text": "Cara Mengobati Sembelit Saat Hamil \u00bb Kebiasaan BAB setiap orang amat individual. Ada yang setiap hari, sementara yang lain 2-3 hari baru BAB. Tak ada patokan pasti berapa lama mengenai kesulitan mengeluarkan kotoran dari dalam perut ini, termasuk ibu yang sedang hamil, di usia kehamilan berapa pun, apakah di awal, tengah, maupun akhir atau bahkan sepanjang kehamilan itu sendiri."}
{"_id": "522906", "title": "", "text": "I'm currently working as an expat, and my grandparents used to work overseas but retired to Canada so you could say my family has done things completely the opposite of what you suggest. However there are a number of very good reasons that my grandparents have done things the way we have, and I think it's worth sharing the rationale there. Low-cost moving to high-cost is a no-brainer: it's not easy to do, but many people are trying nonetheless. However, even they will be likely to stay in the high-cost countries, mostly because of health care, also safety is a factor, but social factors also matter. Firstly, I think two key factors that have been overlooked are language and health care-- most low-cost countries speak different languages than high-cost countries.  This isn't a problem if you're young, but it becomes prohibitive if you are older. Even if you can manage, it's inconvenient in most countries. You can't just walk down the street and do whatever you like. You either have to keep a translator handy, or restrict your activities to places where you can communicate in your native language. Your favorite sports channels (rugby, american football etc.) might not be available, because nobody there cares. Your favorite news channel, or food (even in grocery stores) might not be so readily available. All these reasons made living abroad undesirable for my grandparents, but the big deal for them was healthcare.  Outside of the US, every single developed economy has socialized healthcare to a large extent. When you're young it doesn't really matter, but when you are older, it's a constant concern! There are two aspects to healthcare-- firstly, if you are a citizen in a developed country there are significant financial benefits (In the US there is also medicare/medicaid but I don't know how those work so I'm not going to talk about that) to staying in-country when you retire, even if the health care would be more expensive- it's the government that's paying! Secondly, health care in low-cost countries tends to either be cheap and poor quality (and by poor quality I mean really, really scary!) or expensive and almost as good as a developed country. Again, high-quality hospitals in low-cost countries may still save you money, but the nurses may not speak good English and the doctors may not have a great bed-side manner. In many low-cost countries, nobody calls the police because they know the cops don't care, or will never solve the problem (i.e. they will arrive hours or days after it's too late), or the cops may even be 'in on it'. So basically you try to protect yourself from the inevitable robbery,swindle,extortion,hold-up,you-name-it but sooner or later something bad will happen. With security guards and being younger, it's less of an issue, but when you're elderly, especially if you look foreign and rich, it's definitely more dangerous. Many of my friends from low-income countries try to emigrate for this reason (and/or in combination with the political climate, which is largely corrupt and full of problems). So, if you're old, why risk it? Stay somewhere safe."}
{"_id": "522907", "title": "", "text": "\"Good question! It seems to me that there is no minimum order size for shares trading on the LSE. Please note, I couldn't find an definite answer, but: According to the \"\"International Order Book\"\" document (see: http://www.londonstockexchange.com/traders-and-brokers/rules-regulations/change-and-updates/stock-exchange-notices/2010/n2210_attach1.pdf) from the LSE (page 7): Question 7: Would respondents support a revision of the minimum order    size of 50 units?   Whilst there was   limited support for a low value based   minimum order size the  majority of   respondents requested its complete   removal.  This was  incorporated into   the September 2010 quarterly review as   per Service  Announcement 001/100910   and as from 20 September 2010, the   minimum  order size in all IOB   securities has been 1 unit Even though not all trading on the LSE is performed on this IOB system, it would be very wierd if the international stocks can be traded in any size, while domestic stocks will have an minimum size. Further, consider looking to the times and sales of various stocks (here you can find an example http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?page=0&fourWayKey=GB0006731235GBGBXSET1&formName=frmRow&upToRow=-1). Those trades also suggest that there is no minimum order size (for example, I just saw an executed trade with an size of 13). At last, look at the Interactive Brokers (no relationship with) Exchange List at http://www.interactivebrokers.com/en/trading/exchanges.php?exch=lse&showcategories=&ib_entity=llc. Here you can click on various stock names, and in the popup window that opens, look for 'size parameters' and the size increment. I could only find stocks with an size increment of 1 (i.e. you can trade anything with a minimum of 1 stock, and more needs to be in steps of 1 stock). Even though I couldn't find official information on the LSE site (like a leaflet for beginners or such), it does seem to me that you can trade any size you want on LSE.  Please note that mutual funds and illiquid OTC stocks which don't have an continuous market can have different rules, so double-check with your broker.\""}
{"_id": "522952", "title": "", "text": "Unless this would have resulted in hurting other people (eg toxic spills) y'all should have called in sick. Fuck the company that allowed thus to happen. Care to tell Ys which one is it so those who want can boycott its products if possible?"}
{"_id": "522990", "title": "", "text": "It's bringing together something really old with something new and unrelated in a way that is incongruous:  Natural, farm fresh produce which makes us think about touching the earth, and being in the sunshine with dirt, plants and animals around + something that (interferes with and) mediates connection between people who exist only as consumers.  I love(d) WF in part because I love(d) the shopping experience -- which had comfortable lighting, not freezing aisles, emphasized less processed foods, and tells you where your food came from. I hope that doesn't change.   The other thing I loved about WF is that it was not overly ad-saturated like a Safeway would be, for example. I don't want to see giant signs from kelloggs pushing garbage cereal, or super-bowl promotions encouraging over-the-top enthusiasm for sub-par items. To me, I find that kind of consumerism depressing. Whole Foods didn't do that.  But I guess that's over."}
{"_id": "522991", "title": "", "text": "\"What would be the consequences if they do realize their error some day   in the far future? You've informed them of the error and they've informed you that nevertheless the points are yours and you should use them. So you have a couple of issues: have you made what your jurisdiction considers a reasonable effort to correct the mistake, and did the customer service rep actually have the authority to make such a large goodwill gesture as letting you keep all the points? The first is your legal responsibility (otherwise you're stealing), and you need to know specifically for your jurisdiction whether a phone call is sufficient. I can't tell you that. Maybe you should send them a letter, maybe you should wait until you've had written confirmation from them, maybe you're OK as you are. You might be able to get free advice from some body that helps with consumer issues (here in the UK you could ask Citizen's Advice). The second is beyond your ability to know for sure but it's not dishonest to work on the basis that what the company's proper representative tells you, is true. With the usual caveats that I'm not qualified to give legal advice: once told you've been clearly told that it's an intentional gift, I don't see any way you could be held to have done anything fraudulent if you then go about enjoying it. The worst case \"\"far future\"\" problem, I would expect, is that someone decides the gift was never legitimately made in the first place. In other words the company made two separate errors, first crediting the card and then telling you the erroneous points stand. In that case you might have to pay them back whatever you've spent on the card (beyond the points you're entitled to). To avoid this you'd need to establish what constitutes a binding gift in your jurisdiction, so that you can say \"\"no, the point balance was not erroneous and here's the legal reason why\"\", and pay them nothing. You might also need to consider any tax implications in receiving such a large gift, and of course before paying tax on it (if that's necessary) you'd probably want to bug them for confirmation in writing that it really is yours. If that written confirmation isn't forthcoming then so be it, they've rescinded the gift and I doubt you're inclined to take them to court demanding that they stand by the words of their rep. Use them and play stupid. It's not my duty to check their math, right?  That's potentially fraud or theft if you lie. You did notice, and even worse they have proof you noticed since you made the call. So never say you didn't notice. If you hadn't called them (yet), then you've been given something in error, and your jurisdiction will have an opinion on what your responsibilities are. So if you hadn't already called them, I would strongly suggest that you should call them or write to them about it to give them the opportunity to correct the error, or at least seek assurance that in your jurisdiction all errors in the customer's favour are final. Otherwise you're in the position of them accidentally handing you their wallet without realising, and you deciding to keep it without telling them. My guess is, that's unlikely to be a legally binding gift, and might legally be theft or fraud on your part.\""}
{"_id": "523018", "title": "", "text": "\"Maybe you can just hang onto the cash and upgrade the things you buy for cash now a bit.  Buy the better cut of meat, the nicer pair of shoes, etc. Since you have no trouble with bending the truth a bit.. if challenged, the shoes were \"\"on sale\"\". And no you must have lost the receipt.  Not that I'm advocating it, but the only time I notice my better half's shoe habit is when a garbage bag of the old ones goes out the door.\""}
{"_id": "523040", "title": "", "text": "You will often receive a lower bill if you simply wait for a second or third billing statement. I was once given the advice to never pay a medical bill until after they had sent three notices, because they will almost certainly reduce the amount due. Sounds crazy, right? I have excellent credit, so the idea of risking it by ignoring bills disturbed me greatly, and I scoffed at the advice.  I then had a similar experience to you, and decided to take the advice. By the third statement, the bill was reduced to less than half of the original, with zero intervention on my part. I then paid it without any impact to my credit whatsoever. I've since done that every time I receive healthcare services, and the bill is always reduced on subsequent statements, generally to less than half of the original bill. Sometimes it's because insurance finally got around to paying. Sometimes a credit is mysteriously added. Sometimes line items disappear without explanation. (Line items sometimes appear over time, too, but the overall balance generally goes down.) I don't know the reason for it, but it works. This has happened with a variety of providers, so it's not just one company that does it. Granted, I never called to negotiate the price, so I can't say if I would've gotten a better deal by doing that. I like it because it requires no time or effort on my part, and it has greatly reduced my medical bills with zero impact to my credit. I only have personal anecdotes to back it up, but it's worked for me."}
{"_id": "523058", "title": "", "text": "\"I am not a Financial Advisor, but I an tell you what I did in exactly this situation - which is pretty much what you are proposing.  I put money into the offset savings account until I had only a small amount of mortgage \"\"balance\"\" left (less than a year's worth of mortgage payments), then I set it up so that each month I did the transfer from the offset savings pot into the mortgage itself. This depleted the offset savings in line with the mortgage debt, and the interest on the two balanced out almost to zero. This was self-sustaining and meant that I kept the same margin owing over time (i.e. if I was in this situation for 5 years, for the whole 5 years I would effectively have 1 year remaining on the mortgage). Meanwhile, since I now didn't have any mortgage outgoings from my regular income, I put any spare money into ISA savings. No need to withdraw money from the mortgage to move to the ISA. The benefits of this (as opposed to just paying off the damn mortgage already) were that I kept the full liquidity of the mortgage amount - I could withdraw all the offset savings pot if I wanted to, although I would then have to have funded the mortgage payments differently, and as that liquidity went down over time I was building up other savings in parallel. It worked well for me. It almost doesn't matter what the offset mortgage rate is since you are effectively paying it off by keeping the offset savings pot so high.\""}
{"_id": "523073", "title": "", "text": "I shopped at WF this morning and saw the alexa display at the entrance. It seemed to me that there were less staff people around, maybe it's just a wrong perception of mine but I hope Amazon is not letting go of staff because a lot of the good experience shopping at WF is having people around that know the store and you can ask anytime."}
{"_id": "523075", "title": "", "text": "Okay, first of all Fair value may not be target price. Lots of things can go into a price that won't be in fair value such as expected future price.  Second of all, if you were good at equity research and could make money off of doing it, you would start a hedge fund or get paid very well by some company. If you aren't good at equity research but still want to do it you do journalism and estimates on 'fair value'"}
{"_id": "523094", "title": "", "text": "Not seeing Marginal Revenue = Marginal Cost, nor the components of GDP.   Marginal thinking is one of the cornerstones of economics and just calculating.   And calculating GDP is more important I would say than just a mention of interest rates, monetary policy or fiscal policy."}
{"_id": "523127", "title": "", "text": "\"Two options not mentioned: -No information about your emergency fund in your question. If you don't have 6 months of expenses saved up in a \"\"safe\"\" place (high yield savings account or money market fund) I'd add to that first. -Could you auto-withdraw the amount over six months, then when you can start contributing, contribute twice as much so you are still putting in $18,000 a \"\"year\"\"? The amount you pulled into savings the first 6 months could be used to make up for the extra income coming out after the six months are over. Depending on your income, and since you have the ability to save, it's important not to \"\"lose\"\" access to these tax efficient accounts. And also... -After-tax brokerage account (as mentioned above) is also fine. But if you will use this money for downpayment on a home or something similar within the next five years, I wouldn't recommend investing it. However, having money invested in an after-tax account isn't a terrible thing, yes you'll get taxed when you sell the investments but you have a lot of flexibility to access that money at any time, unlike your retirement accounts.\""}
{"_id": "523140", "title": "", "text": "G spread - you have a 5.5 year bond, you take your yield minus the yield on the 5.5y point (interpolated) of the benchmark sovereign curve. Think of G = Government.      I Spread - same as G Spread but you use the relevant Swap Curve. E.g. USD bond, compare against the USD Swaps curve. I = interpolated.      Z Spread - stands for zero volatility curve spread. You strip the swaps curve to get zero rates (i.e. Zero coupon rates for each tenor), then find the constant spread on top of each part of the curve's zero rates to arrive at your bond's yield.      In G and I Spread, you're basically discounting the bond's cash flows using one rate (i.e. The interpolated yield on the curve). With Z Spread, you're discounting using the entire portion of the curve that's relevant to your bond's maturity."}
{"_id": "523156", "title": "", "text": "[Peapod](https://www.peapod.com/) already do that. They deliver perishables along with non-perishables and non-food items. They have refrigerated trucks, refrigerated compartments in normal trucks, and specialized containers for keeping things cold. My girlfriend and I used to use them somewhat frequently (before we moved to an area they don't service) because otherwise, we'd be burning two hours to go grocery shopping due to traffic and crowds.  [Schwan's](http://www.schwans.com/) does something similar, though it's not actual brick-and-mortar store goods. They have refrigerated trucks, and we frequently buy frozen goods from them. Schwan's have been around since the 1950's, as well, so they've more than proven that the process is viable.  I don't doubt that there are other similar services already, as well, but these are the two that I know of and have used myself enough to comment on (and recommend) them."}
{"_id": "523158", "title": "", "text": "You can either borrow money... credit card, line of credit, re-finance your home, home equity line of credit, loan, mortgage, etc. Or you have other invest in your company as equity.  They will contribute $X to get Y% of your company and get Z% of the profits.  Note amount of profits does not necessarily have to equate to percentage owned.  This makes sense if they are a passive investor, where they just come up with the money and you do all the work.  Also voting rights in a company does not have to equate to percentage owned either. You can also have a combination of equity and debt.  If you have investors, you would need to figure out whether the investor will personally guarantee the debt of your company - recourse vs non-recourse.  If they have more risk, they will want more of a return. One last way to do it is crowdfunding, similar to what people do on Kickstarter.  Supporters/customers come up with the money, then you deliver the product.  Consulting practices do something similar with the concept of retainers. Best of luck."}
{"_id": "523186", "title": "", "text": "Als je koopt, zijn op zoek naar custom made kerstpakketten, dan is een bezoek aan de showroom. U kunt de inhoud van de pakketten bekijken plukken en combineer ze om hier te kopen. Zelf de prijs kan je al beslissen door mijzelf. Dus u kunt binnen uw budget een origineel en persoonlijk cadeau samen te stellen."}
{"_id": "523221", "title": "", "text": "Buy as much data as you can, make a model, automate the back testing, see if it works over the past decade or so. If the returns are offering a superior risk adjusted return then you have a valid model, if not try an other model.   If you don't know how to program, learn how to."}
{"_id": "523246", "title": "", "text": "For many that is simply not true.  Too many Americans are born into the same poverty and lack of opportunities that they will die under...   In vast swaths of the US there is very little opporunity for many reasons, even where there is opportunity, usually only those who are already privileged have access to it."}
{"_id": "523277", "title": "", "text": "just start on quantopian. you wont know what you are doing. take someones algorithm, break it. figure out why its broken, fix it. figure out why it works. brainstorm ideas. code them. bugfix. realize you dont know enough. google search. . . profit  thats what I did."}
{"_id": "523279", "title": "", "text": "Not absurd at all. Without social media, you and I and many many many more others would have never known about the uprisings as quickly as we did.  Without social media, there wouldn't have been conversation and understanding about what was happening.  Twitter and Facebook were monumental in spreading awareness of what was/is happening as a result of the Arab Spring."}
{"_id": "523292", "title": "", "text": "\"The Income Tax was put into effect during the Civil War, but was later revoked because it was deemed \"\"Unconstitutional\"\".  It was re-instated in 1913, just one year before World War 1. This is largely the reason why people think it was created \"\"for the war\"\", when it actually pre-dated World War 1. Edit: I don't have any sources, per-se. This is just what little information I remember from Grade 10 History class.  I remember this because I had a real ethical problem with how the government instituted the Income Tax, since it is effectively a tax on Productivity. I find this absurd, since it motivates people to do less, in an effort to be taxed less. This in turn promotes workers doing \"\"cash jobs\"\" and other such things to get around it. I personally have refused a raise because it would put me into a higher tax bracket, and I wouldn't actaully see the new money. In exchange, I asked for other non-monetary perks instead. I personally think this situation should not exist. ...however, I don't have a better solution. So I suppose I can't really pass judgment.  :)\""}
{"_id": "523295", "title": "", "text": "This is what happens when you privatize the costs of maternity leave. The law is that maternity leave exists and it covers all employment. Why then ,is it not paid by the state with taxes on the employer, but instead paid by the employer on a case by case basis.  This means that it's possible for one employer to have more expenses on maternity leave than another employer thus incentivizing not hiring potential mothers.  Edit: We know how much maternity leave costs businesses each year. So just add that extra sum to the taxes paid by employers and release them from having to pay people on maternity leave."}
{"_id": "523303", "title": "", "text": "\"Why there is this huge difference? I am not able to reconcile Yahoo's answer of 5.75%, even using their definition for ROA of: Return on Assets Formula: Earnings from Continuing Operations / Average Total Equity This ratio shows percentage of Returns to Total Assets of the company.   This is a useful measure in analyzing how well a company uses its   assets to produce earnings. I suspect the \"\"Average Total Equity\"\" in their formula is a typo, but using either measure I cannot come up with 5.75% for any 12-month period. I can, however, match MarketWatch's answer by looking at the 2016 fiscal year totals and using a \"\"traditional\"\" formula of Net Income / Average Total Assets: I'm NOT saying that MatketWatch is right and Yahoo is wrong - MW is using fiscal year totals while Yahoo is using trailing 12-month numbers, and Yahoo uses \"\"Earnings from Continuing Operations\"\", but even using that number (which Yahoo calculates) I am not able to reconcile the 5.75% they give.\""}
{"_id": "523310", "title": "", "text": "I rather like The Ascent of Money, by Niall Ferguson. This comes in several formats. There's a video version, a written version (ISBN-13: 978-1594201929), and an audio version. This book covers the history of financial instruments. It covers the rise of money, the history of bonds and stocks, insurance and hedge funds, real-estate, and the spread of finance across the world. It is a great introduction to finance, though its focus is very definitely on the history. It does not cover more advanced topics, and will not leave you with any sort of financial plan, but it's a great way to get a broad overview and historical understanding of money and markets. I strongly recommend both the video and the written or audio version."}
{"_id": "523318", "title": "", "text": "Actually the Fidelity hypothetical example (with same marginal tax rates) is super misleading.  They are putting the money saved up front from the traditional 401k in to at taxable account. Why? If you put the actual money used for the Roth that would be saved into traditional 401k they look the same no matter the timeline (with a hypothetical unchanging tax rate). Check this out.  So there are only two things to consider when choosing traditional vs roth."}
{"_id": "523331", "title": "", "text": "Current evidence is that, after you subtract their commission and the additional trading costs, actively managed funds average no better than index funds, maybe not as well. You can afford to take more risks at your age, assuming that it will be a long time before you need these funds -- but I would suggest that means putting a high percentage of your investments in small-cap and large-cap stock indexes. I'd suggest 10% in bonds, maybe more, just because maintaining that balance automatically encourages buy-low-sell-high as the market cycles. As you get older and closer to needing a large chunk of the money (for a house, or after retirement), you would move progressively more of that to other categories such as bonds to help safeguard your earnings.  Some folks will say this an overly conservative approach. On the other hand, it requires almost zero effort and has netted me an average 10% return (or so claims Quicken) over the past two decades, and that average includes the dot-bomb and the great recession. Past results are not a guarantee of future performance, of course, but the point is that it can work quite well enough."}
{"_id": "523341", "title": "", "text": "Heh, my entire family lives in a 2 bedroom apartment!  Of course its just 3 of us but still.  I know, outside of the big cities in the US this is not as common, but there are plenty of families living in this arrangement in places like NYC, LA, SF."}
{"_id": "523349", "title": "", "text": "Amazons business is built domestic shipping, and is massively subsidized by the US government, to the detriment of anyone who would attempt to compete with them.  The post office is not my example. Amazon and Besos is my example. Our tax dollars are going directly into Besos' pocket. Thanks government!"}
{"_id": "523359", "title": "", "text": "\"This is true, to an extent. But conditions \"\"on the ground\"\" in Japan are not always as good as they appear. There's [a lot of poverty](http://www.japantimes.co.jp/news/2016/04/26/national/social-issues/hidden-poverty-growing-abe-particularly-among-young-single-mothers/#.WVTsMWgrLIU) in Japan, much of which is not obvious. The Japanese sometimes massage numbers too: there are large Korean immigrant populations that aren't necessarily included in Japanese statistics because they aren't always considered \"\"permanent\"\" residents.   Also, many Japanese companies and individuals do not use cutting edge technology. While it's true *some* families have consoles, many don't. Most people still don't use smart phones. Fax machines, a classic example, are only just beginning to give way to email for the sending of documents. Japanese medical clinics are often backwards compared to other countries'.  I'm not saying Japan doesn't have good quality of life, I'm just concerned that the picture the government paints is usually rosier than the reality in the streets.\""}
{"_id": "523360", "title": "", "text": "\"Do you have other income that you are not considering?  Interest and dividends would be an example, but there are all sorts of options.   Also with your witholding is it set up such that your employers have any idea of your tax bracket ultimately based on your combined incomes?  Usually what they do is take out money assuming you will be in the tax bracket of any given paycheck spread out over the course of a year.  For example, for federal I had an option to select (in an online form that fills out my W4 for me) \"\"married: withold at higher single rate\"\" and did to try and cover this fact.  Eventually I may end up having to calculate my own witholding to fix a too-low problem like yours.\""}
{"_id": "523372", "title": "", "text": "What skill set does your wife have?   Mlm businesses take a lot of hustle and it would be difficult to do with a child. From the sound of it, your wife isn't passionate/excited/motivated about doing it, so I'd explore other opportunities.   Some stay at home moms I know run blogs and online forums and it does okay for them."}
{"_id": "523393", "title": "", "text": "\"I did once read a book titled \"\"How I made a million dollars on the stock market\"\". It sounded realistic enough to be a true story. The author made it clear on the first page that (a) this was due to some exceptional circumstances, (b) that he would never again be able to pull off something like this, and (c) you would never be able to pull of something like this, except with extreme luck.  (The situation was small company A with a majority shareholder, other small company B tries to gain control by buying all the shares, the majority shareholder of A trying to prevent this by buying as many shares as possible, share price shooting up ridiculously, \"\"smart\"\" traders selling uncovered shorts to benefit when the price inevitably drops, the book author buying $5,000 worth of shares because they were going up, and then one enormous short squeeze catching out the traders. And he claimed having sold his shares for over a million - before the price dropped back to normal).  Clearly not a matter of \"\"playing your cards right\"\", but of having an enormous amount of luck.\""}
{"_id": "523406", "title": "", "text": "\"This is known as an inverted yield curve. It is rare, and can be caused by a few things, as discussed at the link. It can be because the view is that the economy will slow and therefore interest rates will go down. It is not caused by \"\"secret\"\" preparation. It could also be that there is generally in the world a move towards safer investments, making their interest rates cheaper. If I had to guess (and this guess is worth what you paid for it) it is because Australia's interest rate is significantly greater than other parts of the world, long term lower risk investment is being attracted there, as it gets a better return than elsewhere. This is pushing rates lower on long term bonds. So I would not take it as an indication of a soon-to-be economic downturn simply because in this global economy Australia is different in ways that influence investment and move interest rates.\""}
{"_id": "523412", "title": "", "text": "Doesn't work like that. You're taxed on the lower band until 32ish and the balance is at 40%.   Use this link below to calc your tax  http://services.deloitte.ie/tc/  30k = 25,310 after tax // effective rate of 15.5% 40k = 31,170 after tax // effective rate of 22%  So you're gross raise of 33% will be worth 23% net to you.  You also have tax credits/USC/PRSI to think about - you seem like you haven't a breeze about the Irish tax system so I'd type PAYE &amp; Citizens Information into Google and start reading up on it."}
{"_id": "523415", "title": "", "text": "Avoiding tobacco, etc is fairly standard for a fund claiming ethical investing, though it varies. The hard one on your list is loans.  You might want to check out Islamic mutual funds. Charging interest is against Sharia law.  For example: http://www.saturna.com/amana/index.shtml From their about page: Our Funds favor companies with low price-to-earnings multiples, strong   balance sheets, and proven businesses. They follow a value-oriented   approach consistent with Islamic finance principles. Generally, these   principles require that investors avoid interest and investments in   businesses such as liquor, pornography, gambling, and banks. The Funds   avoid bonds and other conventional fixed-income securities. So, it looks like it's got your list covered.  (Not a recommendation, btw. I know nothing about Amana's performance.) Edit: A little more detail of their philosophy from Amana's growth fund page: Generally, Islamic principles require that investors share in profit   and loss, that they receive no usury or interest, and that they do not   invest in a business that is prohibited by Islamic principles. Some of   the businesses not permitted are liquor, wine, casinos, pornography,   insurance, gambling, pork processing, and interest-based banks or   finance associations. The Growth Fund does not make any investments that pay interest. In   accordance with Islamic principles, the Fund shall not purchase   conventional bonds, debentures, or other interest-paying obligations   of indebtedness. Islamic principles discourage speculation, and the   Fund tends to hold investments for several years."}
{"_id": "523416", "title": "", "text": "Whether you need a scaffolding for small-scale house jobs or large construction projects, All Access Scaffolding Limited is the right company to go to. They take pride in their capacity to deliver a complete range of services which include supply, rental and erection of scaffolding equipment, planks, and even safety netting whenever required. For more information about this company and the services they have on offer, go to www.aascaffolding.co.uk."}
{"_id": "523430", "title": "", "text": "&gt; See where?  The grain farming regions. At least that's the kind of farming I consider enjoyable. Maybe some would rather pick apples, I guess.  &gt; Most likely they are shit at advertising their job openings  I see the jobs posted in the same places as you would expect to find other jobs. I don't see anything unique about that. However, I think you bring up a good point: People tend to search for job by area. These are not areas people tend to look in.  &gt; the potential market has transportation issues and can't get to a job not near a bus route.  I think it is simpler than that: Nobody wants to live in rural areas.  People are choosing to live in cities and then are restricting their job search to the jobs that can be done in the city they have found themselves in. Some amount of money can change minds, but I'm not convinced $35/hr. is it."}
{"_id": "523431", "title": "", "text": "\"If you're a US citizen, money earned while in the US is sourced to the US. So you can't apply FTC/FEIE to the amounts attributable to the periods of your work while in the US even if it is a short business trip. Tax treaties may affect this. Most tax treaties have explicit provisions to exclude short trips from the sourcing rules, however due to the \"\"saving clause\"\" these would probably not apply to you if you're a US citizen - you'll need to read the relevant treaty. Your home country should allow credit for the US taxes paid on the US-sourced income, and the double-taxation avoidance provision should apply in this case. The technicalities depend on your specific country. You would probably not just remove it from the taxable income, there probably is a form similar to the US form 1116 to calculate the available credit.\""}
{"_id": "523434", "title": "", "text": "Seems to ignore the fact that there are a great many other higher quality chains competing for the burger dollar now.  It's most likely that the same amount of money is flowing into burgers, but companies that make their trade off efficiency and scale are being hurt by smaller region based chains.  Five Guys, Whataburger, In and Out, Sonic, etc all have carved out a nice piece of the McDonald's pie."}
{"_id": "523461", "title": "", "text": "My question is, how income tax is calculated for partial redemption. Same as normal. The redemption should always be treated as FIFO. Say you are buying 10 units every month [I know the units maybe in fraction and price would be different every month and you are investing fixed amount]. After say 9 months you have 90 units. Now when you sell say 45 units, you are actually selling 10 units from first 4 months and 5 units from 5th month. So calculate the price at which you purchased these units. This becomes your cost. Now when you sell, you know the price. So subtract the sell price from cost price. This is your taxable income. Short term capital gains is taxed as per your tax bracket. So add this taxable income to your other income and calculate taxes accordingly. You have to pay tax in advance and not wait till year end. You can do this online as well."}
{"_id": "523463", "title": "", "text": "Very interesting deal in that they will not be doing a joint venture that has been a requirement of every other automaker that has opened a factory in that country.  But instead wholly own it...that should address concerns about their proprietary processes and technology being siphoned off to domestic companies...  &gt;The WSJ reports that Tesla will own the factory, rather than partner with a local manufacturer, as it typically the case. Chinese officials have recently begun to consider relaxing some of the more stringent rules concerning local partners, as a way to encourage electric vehicle manufacturers. The arrangement would be the \u201cfirst of its kind for a foreign auto maker,\u201d but will likely not allow Tesla to avoid a 25 percent import tariff."}
{"_id": "523474", "title": "", "text": "But making a good, well planned app has a better chance of success... Also, you say everyone can code... but very rarely do I meet people smart enough to even try to teach themselves. Perhaps 0.5% of America can code. Maybe less! Maybe 5% of millennials."}
{"_id": "523481", "title": "", "text": "For the record, now that 2011 is here we know that the capital gains tax rate didn't change. Congress extended it for two more years. This shows the uncertainty in trying to maximize earnings based on future changes to the tax code."}
{"_id": "523506", "title": "", "text": "Cell phone providers are like buttholes....    Over the past 20 years I've had Verizon, Nextel, sprint, T-Mobile, and ATT.   None of them are perfect it's always a matter of who's the best *in your area - at the time*.    It's constant evolving and there's never been a stand out winner."}
{"_id": "523521", "title": "", "text": "\"You have several questions in your post so I'll deal with them individually: Is taking small sums from your IRA really that detrimental? I mean as far as tax is concerned? Percentage wise, you pay the tax on the amount plus a 10% penalty, plus the opportunity cost of the gains that the money would have gotten.  At 6% growth annually, in 5 years that's more than a 34% loss.  There are much cheaper ways to get funds than tapping your IRA. Isn't the 10% \"\"penalty\"\" really to cover SS and the medicare tax that you did not pay before putting money into your retirement? No - you still pay SS and medicare on your gross income - 401(k) contributions just reduce how much you pay in income tax.  The 10% penalty is to dissuade you from using retirement money before you retire. If I ... contributed that to my IRA before taxes (including SS and medicare tax) that money would gain 6% interest. Again, you would still pay SS and Medicare, and like you say there's no guarantee that you'll earn 6% on your money.  I don't think you can pay taxes up front when making an early withdrawal from an IRA can you?  This one you got right.  When you file your taxes, your IRA contributions for the year are totaled up and are deducted from your gross income for tax purposes. There's no tax effect when you make the contribution. Would it not be better to contribute that $5500 to my IRA and if I didn't need it, great, let it grow but if I did need it toward the end of the year, do an early withdrawal? So what do you plan your tax withholdings against?  Do you plan on keeping it there (reducing your withholdings) and pay a big tax bill (plus possibly penalties) if you \"\"need it\"\"?  Or do you plan to take it out and have a big refund when you file your taxes? You might be better off saving that up in a savings account during the year, and if at the end of the year you didn't use it, then make an IRA contribution, which will lower the taxes you pay.  Don't use your IRA as a \"\"hopeful\"\" savings account. So if I needed to withdrawal $5500 and I am in the 25% tax bracket, I would owe the government $1925 in taxes+ 10% penalty. So if I withdrew $7425 to cover the tax and penalty, I would then be taxed $2600 (an additional $675). Sounds like a cat chasing it's tail trying to cover the tax. Yes if you take a withdrawal to pay the taxes. If you pay the tax with non-retirement money then the cycle stops. how can I make a withdrawal from an IRA without having to pay tax on tax. Pay cash for the tax and penalty rather then taking another withdrawal to pay the tax.  If you can't afford the tax and penalty in cash, then don't withdraw at all. based on this year's W-2 form, I had an accountant do my taxes and the $27K loan was added as earned income then in another block there was the $2700 amount for the penalty. So you paid 25% in income tax for the earned income and an additional 10% penalty.  So in your case it was a 35% overall \"\"tax\"\" instead of the 40% rule of thumb (since many people are in 28% and 35% tax brackets) The bottom line is it sounds like you are completely unorganized and have absolutely no margin to cover any unexpected expenses.  I would stop contributing to retirement today until you can get control of your spending, get on a budget, and stop trying to use your IRA as a piggy bank.  If you don't plan on using the money for retirement then don't put it in an IRA.  Stop borrowing from it and getting into further binds that force you to make bad financial decisions. You don't go into detail about any other aspects (mortgage? car loans? consumer debt?) to even begin to know where the real problem is.  So you need to write everything down that you own and you owe, write out your monthly expenses and income, and figure out what you can cut if needed in order to build up some cash savings. Until then, you're driving across country in a car with no tires, worrying about which highway will give you the best gas mileage.\""}
{"_id": "523523", "title": "", "text": "\"Yes, you have correctly described \"\"revolving credit\"\" (though in this case you have funded the account yourself)\""}
{"_id": "523540", "title": "", "text": "Simply put, the interest you're paying on your loans is eating into any gains you have in the stock market.  So, figure out how much you're paying in interest and consider the feasibility of paying off some of the loan.  Also figure in if you would be selling the stock at a profit or a loss.   Generally speaking, a home loan is typically long-term, with a high principal.  I believe the consensus is that it is typically not worth paying down extra on it.  A car loan, though, is much shorter term, with a lower principal.  It may be worth it to pay that down. I would certainly consider paying down the loan with 10% interest, even without running any numbers. What about doing this without selling stock?  The reason I suggest that is that you should not sell the stock unless you truly need the money or for some material reason(s) related to the company, the market, etc.  (Of course, one other reason would be to cut losses.) Unless I was looking to sell some stock anyway, I would try other ways to come up with the money to pay down the highest interest loan, at least.  If you are thinking of selling stock to pay down debt, definitely run the numbers."}
{"_id": "523550", "title": "", "text": "I used Redfin to find my house! The listing was there and not other sites like Zillow until much later. By then I had already made an offer. Also their user interface, especially on mobile, is way better."}
{"_id": "523563", "title": "", "text": "\"No one is competent enough to run a multi-billion dollar enterprise. Corzine (just like most star CEOs) was hired because no one wants to take responsibility for anything, so they hired a person who seemed to be superintelligent to \"\"run\"\" things and then paid him shitloads.\""}
{"_id": "523564", "title": "", "text": "\"While she can certainly get an LLC or EIN, it isn't necessarily required or needed.  She can file as a sole-proprietor on her (or your joint) taxes by filling out a schedule-C addition to the 1040.  Any income or losses will pass through to your existing income situation (from W-2's and such). The general requirement for filing as a business in this regard has nothing to do with any minimum income, revenue, or size.  It is simply the intent to treat it as a business, and unlike a hobby, the overall intent to earn a profit eventually. If you're currently reporting the 1099-MISC income, but not deducting the expenses, this would be a means for you to offset the income with the expenses you mentioned (and possibly other legitimate ones).  There is no \"\"2% AGI\"\" restriction for schedule-C.\""}
{"_id": "523609", "title": "", "text": "I think he was trying to say that in the long term the company's fundamental intrinsic value will drive the price of a company's stock, but in the short term stocks move on emotion and publicity that are not necessarily a reflection of their true underlying value."}
{"_id": "523610", "title": "", "text": "In most cases there is no debt attached to those properties, so there is no risk to financial institutions.   So that leaves us with an increase in supply of houses most people can't afford at current prices, expect a short-term boost to construction while many are converted to duplex/apartment type properties and slight downward pressure on prices. Obviously these are wild generalisations and the effect will be massively different in most cities compared to rural or small-town areas."}
{"_id": "523622", "title": "", "text": "Vinalink web design services with over 10 years experienced in Thiet ke web in Vietnam. Vinalink chuy\u00ean cung c\u1ea5p d\u1ecbch v\u1ee5 thi\u1ebft k\u1ebf web \u0111\u01a1n chi\u1ebfc, \u0111\u1ed9c quy\u1ec1n cho kh\u00e1ch h\u00e0ng v\u00ec v\u1eady website kh\u00e1ch h\u00e0ng \u0111\u1ea3m b\u1ea3o t\u00ednh th\u1ea9m m\u1ef9, \u0111\u01a1n chi\u1ebfc duy nh\u1ea5t v\u00e0 b\u1ea3n quy\u1ec1n."}
{"_id": "523624", "title": "", "text": "&gt; Advertising on the internet is dead, that means social media as a for-profit industry is dead.  This is the single most clueless statement I've read this week. Good job!  You are aware that online advertising spending recently overtook tv, right? It had a lot of people in the ad world screaming that tv advertising is dead and online is the only possible future."}
{"_id": "523643", "title": "", "text": "\"That's because Ford - like many other managers of large defined benefit plans - decided that, instead of defeasing its obligations through an [effective immunization program](http://en.wikipedia.org/wiki/Immunization_%28finance%29), they would just put less money into equities and pray for the equity risk premium to carry the day for them.  Lo and behold, it didn't work for a lot of them.  In the meantime, their liabilities began to far outstrip the assets meant to offset them to the point where even a one-for-one asset-liability match wouldn't help.  So now guess what?  They tell you \"\"shit, we fucked this up, so here's your payout - good luck.\"\"  As if the worker is going to have a clue as to how to effectively manage his money so as to minimize longevity and savings risk.  Let me make something clear:  It is not beyond the means of modern finance to effectively implement and administer a defined benefit program.  It involves \"\"doing the right thing\"\" by employees, which in some cases involves not taking risks with equity and instead simply ensuring that assets meant to offset liabilities are appropriate in both timing and magnitude.\""}
{"_id": "523646", "title": "", "text": "\"This kind of stupid myopia dates back to the 60s and beyond, when Star Trek was cancelled as a series for low ratings, but if you pick apart the demographics, it turned out it was a top show in the 20-40 demographic, which is a spending sweet spot.   Today advertisers understand demos, but then they treat them like monolithic groups. The biggest example of this stupidity is when network channels schedule the same type show opposite its competition on another channel. For example, if \"\"Star Trek: Discovery\"\" and \"\"The Orville\"\" were both on broadcast TV, it wouldn't surprise me at all if they were in the same time slot, which is insane.   SF TV, reality TV, sports TV - almost completely different audiences, and they're each going to be different markets for advertisers.   \"\"Hey Bill - how come our snowshoe ads keep failing in Florida?\"\"\""}
{"_id": "523674", "title": "", "text": "Update: Here is a Google Docs spreadsheet that is actively maintained and editable. It contains a list of EMV credit cards. With a few exceptions (UN, existing BMO Diners Club cardholders, employees of the state of North Carolina), it still looks like the Travelex card is the best option for most people. Original answer: The premise of the question may now be outdated. I have found internet articles claiming 4 US banks will now issue Chip and PIN cards. Specifically: The Chase link is for their British Airways card, which multiple sources say is really Chip and Signature (leaving it there so no one else suggests it). The Citi link is to specific chip and PIN information. I could not find specific information for the other two. I have a question into my bank (US Bank) and will update when they get back to me. In looking into this, some of the chip and PIN links I followed ended up being chip and signature, so as always, be careful."}
{"_id": "523688", "title": "", "text": "Oh ok, that's a relief.   I'm glad you spent countless hours devoted to unbiased fact checking before wholeheartedly throwing yourself into The_Donald (check out his comment history).   It's confirmed you're part of his personality cult. Although it was pretty evident when you used the term fake news to describe fact checking news."}
{"_id": "523699", "title": "", "text": "Figure out who regulates the bank. Complain to your state banking/consumer affairs department. Complain to your state Attorney General. The Feds regulate most banks too, there are several different agencies, and I believe the way they regulate banks has changed recently. Try contacting the US Comptroller of the Currency."}
{"_id": "523729", "title": "", "text": "But by closing the short position the broker would still be purchasing shares from the market no? Or at least, someone would be purchasing the shares to close the short position. So, why doesn't the broker just let Client A keep their short position open and buy shares in the market so that Client B can sell them...I know it sounds a bit ridic, but not much more so to me than letting Client A borrow the shares to begin with!"}
{"_id": "523755", "title": "", "text": "I had an amazing customer service experience with Best Buy yesterday.  I walked into my local BB with a list of computer components for a PC I am building (I was purchasing from New Egg and Best Buy).  Wandered around and an employee saw me (he ended up being the manager), and he helped me put together an order, not only that but he checked New Egg to make sure I was getting competitive prices, not only that but he made sure I was getting free shipping.  On top of that he went through my New Egg list and price matched anything they had.  Now I only need a couple more things from New Egg.  Thought I'd share."}
{"_id": "523761", "title": "", "text": "At what point does it stop being about money, and start being about not killing our planet.  Plus, whatever profit Tesla is or is not making, Tesla, SpaceX, SolarCity all seem to be making industry changing splashes in their respective markets."}
{"_id": "523781", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cnbc.com/2017/07/14/jpms-jamie-dimon-blows-up-at-washington-on-earnings-call.html) reduced by 79%. (I'm a bot) ***** &gt; Because the American business sector is powerful and strong, and is going to grow regardless of - people wake up in the morning, they want to feed their kids, they want to buy a home, they want to do things, the same with American businesses - what I&amp;#039;m saying is it would be much stronger growth had we made intelligent decisions and were there not gridlock.  &gt; It&amp;#039;s amazing to me that every single one of those countries understands that practical policies to promote business and growth is good for the average citizens of those countries, for jobs and wages, and that somehow this great American free enterprise system, we no longer get it.  &gt; It&amp;#039;s almost an embarrassment being an American citizen traveling around the world and listening to the stupid s-- we have to deal with in this country.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6oda6k/jamie_dimon_blows_up_at_dcs_dysfunction_says_hes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~171064 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **American**^#1 **country**^#2 **growth**^#3 **grow**^#4 **business**^#5\""}
{"_id": "523792", "title": "", "text": "for full disclosure I'm an Independent Contractor and work with Jeff Richman. @ Neil:  Question 1: How legitimate is this?  If you were never contacted by the company you would never know about the money. Period, end of story. Not trying to be rude but that is the bottom line truth. Look up asset recovery businesses. They are in every city almost. They work for individuals, governments and businesses. Very legitimate business. Question 2: Since this doesn't seem to be the case, how does this company know that I potentially have unclaimed assets to claim?  I understand your concern and the best analogy I can think of to explain this is:  A company's copier breaks down. A copy machine repair man is called. He shows up and opens the copier and studies it intensely and closes it back up. He takes a hammer out of his bag and hits the copier on the side in two different places, twice. The copier starts working. He charges the company owner a $1000.00. The company owner is glad to pay it because without the knowledge of the repair man, his business is not making money. This is the same: The professionals at Keane have specific knowledge about how to, where to and who to ask for these lists. Granted, it's not your business we're talking about here but without them, you get nothing.  2 professionals have advised you to move forward; your brother's accountant and lawyer. Take the money. It costs you nothing. If they want money from you up front or want you to pay for stuff, run."}
{"_id": "523804", "title": "", "text": "Ok but amazon is actually pricing everything as it should be. Retailers charged too much and Amazon took that surplus by offering better service and prices via extensive supply chain expertise. That's on retailers for pricing poorly and doing a shitty job at supply chain efficiency, not Amazon.    Trump can fuck right on off.   Want retailers to make a comeback? Start spurring wage growth. No one fucking cares how many service jobs were added - get wage growth and career jobs up."}
{"_id": "523810", "title": "", "text": "Why is that? With all the successful investors (including myself on a not-infrequent basis) going for individual companies directly, wouldn't it make more sense to suggest that new investors learn how to analyse companies and then make their best guess after taking into account those factors? I have a different perspective here than the other answers.  I recently started investing in a Roth IRA for retirement. I do not have interest in micromanaging individual company research (I don't find this enjoyable at all) but I know I want to save for retirement. Could I learn all the details? Probably, as an engineer/software person I suspect I could. But I really don't want to. But here's the thing: For anyone else in a similar situation to me, the net return on investing into a mutual fund type arrangement (even if it returns only 4%) is still likely considerably higher than the return on trying to invest in stocks (which likely results in $0 invested, and a return of 0%). I suspect the overwhelming majority of people in the world are more similar to me than you - in that they have minimal interest in spending hours managing their money. For us, mutual funds or ETFs are perfect for this."}
{"_id": "523831", "title": "", "text": "Read this.  https://www.irs.gov/retirement-plans/one-participant-401k-plans  The example makes it very clear."}
{"_id": "523847", "title": "", "text": "&gt;&gt;Barrasso expressed worries at committee hearing in February that rural states like his wouldn\u2019t attract much of the private investment Trump promised. Those people need to consolidate themselves into more urban-like areas.  That's because sparse populations spread across wide geography is extremely cost-prohibitive. Those people need to consolidate themselves into urban-like areas.  &gt;&gt;forcing multinational companies who have kept about $2 trillion in profits offshore to bring the money home  That money was collected outside of the US, and the reason they're  not bringing it home is because it's more cost-effective to pay interest on a loan than to pay taxes on the money.  &gt;&gt;\u201cWe have woefully underinvested in our nation\u2019s infrastructure for decades,   You've refused to open the infrastructure to the free market. By maintaining a forced monopoly, you've put all the eggs in one basket, and stifled innovation and even basic upkeep.  &gt;&gt;\u201cIf we make serious and smart investments in infrastructure, we could jump-start our local and national economy. We can\u2019t afford to squander this moment.\u201d  Then you need to privatize. A smart investment doesn't need to be forced, it merely needs to be allowed to happen."}
{"_id": "523850", "title": "", "text": "In the United States there are 3 main types of cards. There are organizations that push a credit card with their branding. They aren't a bank so they partner with a bank to offer the card. In the US many colleges and professional sports teams will market a credit card with the team or universities colors and logo. The bank handles the details and the team/university gets a flat fee or a portion of the fees. Many even have annual fees. They market to people who want to show their favorite team colors on their credit card, and are willing to pay extra. Some of these branded cards do come with extra perks: Free shipping, discounts on tickets, being able to buy tickets earlier.  There are 4 other types of cards that have limited usage: What makes it confusing is that large business can actually turn a portion of the corporation into a bank. Walmart has been doing this, and so have casinos."}
{"_id": "523856", "title": "", "text": "Doing business apart from commercial work also involves many legal issues such as compliance with laws, entering into contracts, responding to notices and other legal documents. Failure to look into these aspects can often snow ball into a major legal problem."}
{"_id": "523864", "title": "", "text": "Ultimately no one really knows what causes the markets to rise and fall beyond supply and demand. If more people want to buy then sell, prices go up. And if more people want to sell, prices go down. The news channels will often try to attribute a specific reason to the price move, but that is largely just guess work to fill up the news pages so people have something to read. You may find it interesting to read up on the Elliot wave principle. The crash of 2008 was a perfect Elliot Wave fit. Elliot Wave theory states that social moods (which ultimately drive the stock market) generally occur in a relatively predictable pattern. The crash in September was a Wave 3 down. This is where the majority of people give up hope. However there are still a few people who are still holding on. The markets tend to meander about during wave 4. Finally the last few people give up hope and sell out. This causes the final crash of wave 5. Only when the last person has given up hope can the markets start to go up again.."}
{"_id": "523866", "title": "", "text": "&gt; Facebook is a company with no real way to profit from its technology.  While I think your reply was pretty spot on and also think Facebook was way overpriced (and probably still is), I definitely disagree with this statement. Facebook is making pretty good money selling advertising. First news papers, then radio, and then television made an awful lot of money just selling advertising. Unfortunately for those medias, the Internet has taken over the advertising space - and Facebook is in a great position to take advantage of this.  One of their biggest problems right now is figuring out how to make their mobile platform profitable (as well as building a semi-decent app)."}
{"_id": "523872", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/amp/view/articles/2017-09-21/bet-with-buffett-not-against-him) reduced by 90%. (I'm a bot) ***** &gt; The first is a New York Post article with the headline, &amp;quot;Warren Buffett wins $1M bet made with hedgie a decade ago&amp;quot;.  &gt; Although Seides has admitted defeat, he said he thinks that &amp;quot;Doubling down on a bet with Warren Buffett for the next 10 years would hold greater-than-even odds of victory.&amp;quot; Thus, despite spending $1 million in tuition at the University of Buffett, he failed to learn the expensive lesson that Buffett has offered up to all of us.  &gt; Which leads us to Buffett&amp;#039;s motivation in making the bet.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/725pxt/bet_with_buffett_not_against_him/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~215707 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Buffett**^#1 **bet**^#2 **money**^#3 **year**^#4 **Index**^#5\""}
{"_id": "523874", "title": "", "text": "They import these individuals so there is a lose labor pool. Suppress labor unions and nobody at that level wins. I read where the current reduction in Mexican immigrants has forced wage increases in the house construction industry. Working two and three jobs to get by is not supposed to be the American way."}
{"_id": "523903", "title": "", "text": "There are many different things that factories have to take care of when they are choosing a ventilation system for their company. It is something that is going to keep the employees safe and possibly help to keep costs down. Roof vents are an option for many of these."}
{"_id": "523905", "title": "", "text": "I can't.  You aren't my client and I can't give specific advice over the internet without the risk of forming an attorney-client relationship, which comes with a lot of specific duties that I owe to the client and would be unable to carry out in this type of setting.  Apologies."}
{"_id": "523913", "title": "", "text": "I think an IOPT is a Dutch warrant.  Someone else might understand what this is."}
{"_id": "523925", "title": "", "text": "\"P\u00e5 slutten av februar 2014, ble 28 personer, over flere amerikanske stater, lagt til 100 folk allerede arrestert i januar samme \u00e5r for personnummer funksjonshemming forsikring svindel.  De omfattende **[svindel ordning](http://lsminsurance.ca/life-insurance-canada/2014/03/disability-insurance-fraud)** strekker seg tilbake 26 \u00e5r, som involverer over 1000 falske fordringshavere. Mange av de arresterte var pensjonert New York City politifolk og brannmenn. De er tiltalt for grovt tyveri og fors\u00f8k grovt tyveri og er anklaget for \u00e5 motta funksjonshemming betalinger feil.  Ordningen dateres tilbake til 1988 med deltakerne blir brakt inn av en tidligere NYPD offiser Joseph Esposito, 64, eller 61 \u00e5r gamle John Minerva, funksjonshemming konsulent for NYPD'S Detective Endowment Association, som er union representerer detektivene.  Disse to politiet er anklaget for \u00e5 ha s\u00e5 gjort henvisninger til Raymond Lavallee, en 83 \u00e5r gamle advokat som tjente som en Executive Nassau County statsadvokat i 1960, som vil deretter videresende henvisninger til 89-\u00e5rige Thomas Dale, tidligere pension konsulent som angivelig skulle forberede og lege programmene.  Myndighetene begynte fangst p\u00e5 da de begynte \u00e5 se den samme setninger og uttrykk p\u00e5 flere programmer alle gjort i samme h\u00e5ndskriften. R\u00f8de flagg gikk opp n\u00e5r myndighetene begynte \u00e5 se spr\u00e5k som, \"\"Jeg har TV med \u00e5 holde meg med selskap\"\" og \"\"Jeg kan ikke utf\u00f8re alle typer arbeidsaktivitet i eller ut av huset\"\" p\u00e5 flere programmer.  Den **[falske begunstiget](http://koyaltraininggroup.blogspot.nl/)** angivelig hevdet at de lider posttraumatisk stress, angst eller depresjon knyttet til 11 September 2001 terrorangrepene. Men mens motta deres d\u00e5rlig f\u00e5tt funksjonshemming fordeler, ble de delta i fysiske aktiviteter som karate, spill fiske og flyr et helikopter.  I USA er mennesker som lever med psykiske eller fysiske funksjonshemminger som hindrer dem i \u00e5 jobbe hos alle kvalifisert for Social Security Funksjonshemming Forsikring (SSDI) fordeler. Bel\u00f8pet varierer, men for legevakt personell, gjennomsnittlig \u00e5rlig betalingen er ca $30.000 til $ 50 000 i tillegg til sine m\u00e5nedlige pensjon pensjoner.  Selvf\u00f8lgelig, er funksjonshemming svindel ikke begrenset til USA If\u00f8lge forskning fra Sun Life finansielle er over 5 milliarder dollar tapt for forsikrings svindel i Canada hvert \u00e5r. Hj\u00f8rnesteinen forsikring meglere Ltd setter dette bel\u00f8pet p\u00e5 $3 milliarder og sier at forsikring svindel er direkte ansvarlig for en 10 til 15% \u00f8kning i premie, s\u00e5 alle betaler prisen.  I Canada, fordeler svindel tar vanligvis i to former: falske krav for medisinske tjenester og funksjonshemming svindel rettet mot arbeidsgiver-sponset og arbeidernes kompensasjonsfordeler.  Generelt er falske p\u00e5stander utstyrt med f\u00f8lgende egenskaper:  -Krav ikke utf\u00f8rt. -Leverand\u00f8rer utf\u00f8rer tjenester utenfor omfanget av praksis eller lisensiering (for eksempel det har nylig v\u00e6rt tilfeller av ut\u00f8vere gir Botox injeksjoner med materialer Hentet fra andre land). -Ulisensiert enkeltpersoner utf\u00f8rer forsikringsverdien. -Behandling tilbys utover det som er n\u00f8dvendig for forsikrede pasienten. -Det er kickbacks eller ulovlig henvisning betalinger.  Eksempler p\u00e5 rapporterte tilfeller over Canada er en ansatt som ble fanget opprette krav for ham og hans kone av utskrift falske kvitteringer. Han ble til slutt fanget av en \u00e5rv\u00e5ken krav dommer som la merke til lignende m\u00f8nstre i krav sendt til ulike forsikringsselskaper. Ikke bare det, men mistenkt pr\u00f8vde \u00e5 maksimere sin avkastning ved \u00e5 koordinere fordeler over flere forsikringsgivere.  Ansatte har ogs\u00e5 funnet for \u00e5 opprette krav for flere personer i selskapet planen bruker Photoshop, en skanner, og en fargeskriver opprette falske men realistiske krav. Ordningen lederen rekrutterer vanligvis plan medlemmer til \u00e5 sende disse falske p\u00e5stander og deretter dele inntektene.  Gjenoppretting av tapte penger kan v\u00e6re vanskelig, men mange av disse tilfellene bosette seg ut av retten gjennom hvile ordninger at planen administratorer gjenopprette noen av midlene tapt.  **[The Koyal Group Private Training Services](http://koyaltraininggroup.org/)** design sin online og p\u00e5 stedet oppl\u00e6ring til dine bestemte behov, gir informasjon du kan bruke mens i trening for \u00e5 styrke effektiviteten av denne informasjonen. V\u00e5re kurs kvalifiserer statlige standarder b\u00e5de for svindel og fortsetter-utdanning oppgradering. V\u00e5re programmer er praktisk og kan presenteres i ulike formater slik adresse industrien krav og standarder. Vennligst bes\u00f8k og se v\u00e5re **[kurs oppforingene](https://www.facebook.com/koyaltraining)**.\""}
{"_id": "523927", "title": "", "text": "\"Costco requires an annual paid membership before you can enter and the the minimum price of any purchase is greater than at other stores because you are getting large/bulk of that item.  Starbucks charges several dollars for a cup of coffee (not an essential item).  In both cases their clientele are the middle classes, not the less well off members of society.  Consequently it makes business sense for them to pay staff such that are they are substantially similar to the customers.  But Walmart does serve the less well off.  And their management isn't stupid - if they believed a doubling of wages would result in greater sales and profitability they would do it in an heartbeat.  But it won't.  And I'll bet Walmart's customers and employees are as similar to each other as Costco's customers and employees are to each other.    Walmart's effects on prices is [well known](http://mises.org/daily/2377).  Every cent they save customers is a cent those customers can put towards other things, or prolong how long a particular amount of money will last.  There are numerous [claims about them lowering inflation](http://voices.yahoo.com/the-effects-wal-mart-inflation-603517.html).  So changing nothing else, increasing employee wages would decrease customer savings.  We could make the cost of living for employees be less by reducing the costs of housing rather than crowing every time house prices go up.  And if you believe everyone should have healthcare then ensure everyone has it.  If you believe it should be provided via employers along with a bizarre \"\"insurance\"\" industry (a rather peculiar Americanism), then just make that mandatory in the law.  And finally for all the detractors who believe it can be done better, go ahead and do so.  It is always easier to advocate how and what others should do - if Walmart are getting it so wrong then show everyone the right way.\""}
{"_id": "523928", "title": "", "text": "Yes not yet. I mean it's obviously not going to keep at this pace forever but it is funny to see the overreacting of people. It's not just about being able to buy things with bitcoin it's about the tech.  It's already up 126 dollars from the time you posted the gif."}
{"_id": "523933", "title": "", "text": "From the etoro website: In the financial trading industry, rollover is the interest paid or earned for holding currency overnight. Each currency has an interest rate associated with it, and because currencies are traded in pairs, every trade involves two different interest rates. If the interest rate on the currency you bought is lower than the interest rate on the currency you sold, then you will pay rollover fees. If the interest rate on the currency you bought is higher than the interest rate of the currency/commodity you sold, then you will earn rollover fees. http://www.etoro.com/blog/product-updates/05062014/important-upcoming-change-fee-structure/"}
{"_id": "523949", "title": "", "text": "As a general rule, diversification means carrying sufficient amounts in cash equivalents, stocks, bonds, and real estate.   An emergency fund should have six months income (conservative) or expenses (less conservative) in some kind of cash equivalent (like a savings account).  As you approach retirement, that number should increase.  At retirement, it should be something like five years of expenses.  At that time, it is no longer an emergency fund, it's your everyday expenses.  You can use a pension or social security to offset your effective monthly expenses for the purpose of that fund.  You should five years net expenses after income in cash equivalents after retirement.   The normal diversification ratio for stocks, bonds, and real estate is something like 60% stocks, 20% bonds, and 20% real estate.  You can count the equity in your house as part of the real estate share.  For most people, the house will be sufficient diversification into real estate.   That said, you should not buy a second home as an investment.  Buy the second home if you can afford it and if it makes you happy.  Then consider if you want to keep your first home as an investment or just sell it now.   Look at your overall ownership to determine if you are overweighted into real estate.  Your primary house is not an investment, but it is an ownership.  If 90% of your net worth is real estate, then you are probably underinvested in securities like stocks and bonds.  50% should probably be an upper bound, and 20% real estate would be more diversified.   If your 401k has an employer match, you should almost certainly put enough in it to get the full match.   I prefer a ratio of 70-75% stocks to 25-30% bonds at all ages.  This matches the overall market diversification.  Rebalance to stay in that range regularly, possibly by investing in the underweight security.  Adding real estate to that, my preference would be for real estate to be roughly a quarter of the value of securities.  So around 60% stocks, 20% bonds, and 20% real estate.  A 50% share for real estate is more aggressive but can work.   Along with a house or rental properties, another option for increasing the real estate share is a Real Estate Investment Trust (REIT).  These are essentially a mutual fund for real estate.  This takes you out of the business of actively managing properties.   If you really want to manage rentals, make sure that you list all the expenses.  These include:   Also be careful that you are able to handle it if things change.  Perhaps today there is a tremendous shortage of rental properties and the vacancy rate is close to zero.  What happens in a few years when new construction provides more slack?   Some kinds of maintenance can't be done with tenants.  Also, some kinds of maintenance will scare away new tenants.  So just as you are paying out a large amount of money, you also aren't getting rent.  You need to be able to handle the loss of income and the large expense at the same time.   Don't forget the sales value of your current house.  Perhaps you bought when houses were cheaper.  Maybe you'd be better off taking the current equity that you have in that house and putting it into your new house's mortgage.  Yes, the old mortgage payment may be lower than the rent you could get, but the rent over the next thirty years might be less than what you could get for the house if you sold it.  Are you better off with minimal equity in two houses or good equity with one house?   I would feel better about this purchase if you were saying that you were doing this in addition to your 401k.  Doing this instead of your 401k seems sketchy to me.  What will you do if there is another housing crash?  With a little bad luck, you could end up underwater on two mortgages and unable to make payments.  Or perhaps not underwater on the current house, but not getting much back on a sale either.   All that said, maybe it's a good deal.  You have more information about it than we do.  Just...be careful."}
{"_id": "523951", "title": "", "text": "\"Depends.  I am not an expert on this but I do know that \"\"beef\"\" (cows) do not just grow on trees.  Beef is raised and has inputs (labor, hay, corn, land, medical care, weather, etc.).  If the input prices have increased throughout the system then vertical integration can't help you and may even hurt since most of these costs occur before you receive the final product.\""}
{"_id": "523952", "title": "", "text": "If you have the expired check in hand and take it back to the bank that issued it to you, I'd think they could do something for you.  (I'd hope they would, anyway.) But automatically?  I don't think so."}
{"_id": "523959", "title": "", "text": "Things we should all understand:  * The Federal Reserve will not engage in QE3 or QE4 or any kind of QE. - Inflation is too high and the economy would be harmed rather than helped.  * The Federal Reserve will not raise rates until 2013-2014. - Ben has been pretty adamant and clear about this. What I'm concerned about is that they keep pushing back the date. Interest rates should have been raised last year."}
{"_id": "523960", "title": "", "text": "I have worked for BNP (BNP PARIBAS) a french bank.  From my experience it is the easiest sale to make when working for a bank. Because saving is sold as a long term investment your client is not likely to close the account any time soon. From this product on you could open a broker account if the client wants to take more risks ( yhea yet another sale). If the client is very keen on no risks, there are insurance products (they make plenty of money from insurance) or callable investments that you can propose. Retail banking works by attracting a maximum number of people and selling them a maximum amount of product.  To answer you question is it profitable? I am sure it is not ( right now your savings account costs the bank money because of super low rates in the EU). I think it is all about increasing or maintaining market-share that you see some banks offering some cash just for opening an account.  At the moment we have to sell credit cards to people that is where banks make good money. If you would like me to go more in depth on a specific subject i mentioned here just ask. Hope it helped."}
{"_id": "523967", "title": "", "text": "Fototapeta w kuchni i jadalni wydaje si\u0119 do\u015b\u0107 nowatorskim rozwi\u0105zaniem. Kuchnia i jadalnia s\u0105 miejscami przyrz\u0105dzania i spo\u017cywania naszych wsp\u00f3lnych posi\u0142k\u00f3w. Warto, wi\u0119c zadba\u0107 o to, aby one kojarzy\u0142y si\u0119 nam ze \u015bwie\u017co\u015bci\u0105, czysto\u015bci\u0105, a przede wszystkim pobudza\u0142y nasz apetyt i wprowadza\u0142y nas w stan pozytywnej refleksji i odpoczynku."}
{"_id": "523969", "title": "", "text": "Playing devil's advocate here:  Let's say you pull this off as a hired manager with no/little salary but with a share in profits. You really put in a lot of work and get the place going. What is going to stop them to kick you out after a season and take it over again themselves benefitting from your effort?"}
{"_id": "523970", "title": "", "text": "http://www.wuug.org/read.php?10,11269 http://www.wuug.org/read.php?10,11268 http://www.wuug.org/read.php?10,11267 http://www.wuug.org/read.php?10,11266 http://www.wuug.org/read.php?10,11265 http://www.wuug.org/read.php?10,11264 http://www.wuug.org/read.php?10,11263 http://www.wuug.org/read.php?10,11262 http://www.wuug.org/read.php?10,11261 http://www.wuug.org/read.php?10,11260 http://www.wuug.org/read.php?10,11259 http://www.wuug.org/read.php?10,11258 http://www.wuug.org/read.php?10,11257 http://www.wuug.org/read.php?10,11256 http://www.wuug.org/read.php?10,11255 http://www.wuug.org/read.php?10,11254 http://www.wuug.org/read.php?10,11253 http://www.wuug.org/read.php?10,11252 http://www.wuug.org/read.php?10,11251 http://www.wuug.org/read.php?10,11250 http://www.wuug.org/read.php?10,11249 http://www.wuug.org/read.php?10,11248 http://www.wuug.org/read.php?10,11247 http://www.wuug.org/read.php?10,11246 http://www.wuug.org/read.php?10,11245 http://www.wuug.org/read.php?10,11244 http://www.wuug.org/read.php?10,11243 http://www.wuug.org/read.php?10,11242 http://www.wuug.org/read.php?10,11241 http://www.wuug.org/read.php?10,11240 http://www.wuug.org/read.php?10,11239 http://www.wuug.org/read.php?10,11238 http://www.wuug.org/read.php?10,11237 http://www.wuug.org/read.php?10,11236 http://www.wuug.org/read.php?10,11235 http://www.wuug.org/read.php?10,11234 http://www.wuug.org/read.php?10,11233 http://www.wuug.org/read.php?10,11232 http://www.wuug.org/read.php?10,11231 http://www.wuug.org/read.php?10,11230 http://www.wuug.org/read.php?10,11229 http://www.wuug.org/read.php?10,11228 http://www.wuug.org/read.php?10,11227 http://www.wuug.org/read.php?10,11226 http://www.wuug.org/read.php?10,11225 http://www.wuug.org/read.php?10,11224 http://www.wuug.org/read.php?10,11223 http://www.wuug.org/read.php?10,11222 http://www.wuug.org/read.php?10,11221 http://www.wuug.org/read.php?10,11220 http://www.wuug.org/read.php?10,11219 http://www.wuug.org/read.php?10,11218 http://www.wuug.org/read.php?10,11217 http://www.wuug.org/read.php?10,11216"}
{"_id": "523989", "title": "", "text": "Generally, the beneficiary for AD&D is only paid in the event of an accidental death.  In the event of dismemberment the insured is paid not the beneficiary.  You're specifying the beneficiary for the death benefit."}
{"_id": "524018", "title": "", "text": "\"First off, the \"\"mortgage interest is tax deductible\"\" argument is a red herring.  What \"\"tax deductible\"\" sounds like it means is \"\"if I pay $100 on X, I can pay $100 less on my taxes\"\".  If that were true, you're still not saving any money overall, so it doesn't help you any in the immediate term, and it's actually a bad idea long-term because that mortgage interest compounds, but you don't pay compound interest on taxes. But that's not what it actually means.  What it actually means is that you can deduct some percentage of that $100, (usually not all of it,) from your gross income, (not from the final amount of tax you pay,) which reduces your top-line \"\"income subject to taxation.\"\"  Unless you're just barely over the line of a tax bracket, spending money on something \"\"tax deductible\"\" is rarely a net gain. Having gotten that out of the way, pay down the mortgage first.  It's a very simple matter of numbers: Anything you pay on a long-term debt is money you would have paid anyway, but it eliminates interest on that payment (and all compoundings thereof) from the equation for the entire duration of the loan.  So--ignoring for the moment the possibility of extreme situations like default and bank failure--you can consider it to be essentially a guaranteed, risk-free investment that will pay you dividends equal to the rate of interest on the loan, for the entire duration of the loan. The mortgage is 3.9%, presumably for 30 years.  The car loan is 1.9% for a lot less than that.  Not sure how long; let's just pull a number out of a hat and say \"\"5 years.\"\" If you were given the option to invest at a guaranteed 3.9% for 30 years, or a guaranteed 1.9% for 5 years, which would you choose?  It's a no-brainer when you look at it that way.\""}
{"_id": "524030", "title": "", "text": "John Bogle never said only buy the S&P 500 or any single index Q:Do you think the average person could safely invest for retirement and   other goals without expert advice -- just by indexing? A: Yes, there is a rule of thumb I add to that. You should start out   heavily invested in equities. Hold some bond index funds as well as   stock index funds. By the time you get closer to retirement or into   your retirement, you should have a significant position in bond index   funds as well as stock index funds. As we get older, we have less time   to recoup. We have more money to protect and our nervousness increases   with age. We get a little bit worried about that nest egg when it's   large and we have little time to recoup it, so we pay too much   attention to the fluctuations in the market, which in the long run   mean nothing. How much to pay Q: What's the highest expense ratio that one should pay for a   domestic equity fund? A: I'd say three-quarters of 1 percent maybe.   Q: For an international fund?  A: I'd say three-quarters of 1 percent.   Q: For a bond fund? A: One-half of 1 percent. But I'd shave that a little bit. For   example, if you can buy a no-load bond fund or a no-load stock fund,   you can afford a little more expense ratio, because you're not paying   any commission. You've eliminated cost No. 2...."}
{"_id": "524034", "title": "", "text": "If it were me, I would get a new checking account at potentially a new bank, but certainly with a new account number. As Nathan said, there is no need for you to cross her name off the check, but potentially, she could use those checks, or have new checks printed to use.  Having her name on the check makes it seem like she is a legitimate signer on the account. In the end you can fight and possibly win with your bank that they should not have accepted a check signed by her as payment, but why bother?  Also you will potentially alienate any merchant that accepts a check by her.  It is a total mess that can be relatively easily solved with very little money ($25-$40 for check reprinting) proactively.   Close the account, shred any existing checks, and move on.   Heck you can actually make money by doing this and receiving a bonus.  Check Nerd Wallet for current bank promotions."}
{"_id": "524036", "title": "", "text": "Literally the only thing I check before buying water is that it doesn't say Nestle anywhere on it.   Next time you're at the gas station and have a few minutes, see how many of the brands are supplied by Nestle. I think you'll be surprised."}
{"_id": "524043", "title": "", "text": "\"There is no shortage of qualified engineers.  There is a shortage of qualified engineers at the salaries Microsoft is willing to pay.  If Microsoft increased salaries by 30%, they could solve this \"\"problem\"\" tomorrow.  Of course, they aren't interested in solving the problem, they are interested in getting cheap foreign labor that they can abuse since H1-Bs are not allowed to change employers.\""}
{"_id": "524050", "title": "", "text": "Regulators? SEC, in the US. Its public records for public companies."}
{"_id": "524057", "title": "", "text": "It also depends on the firm that you work for. Some firms pay out overtime to their employees in the form of leave or cash. Either way, it is an additional cost to these firms to have their employees work overtime. Hence, you are less likely to work over and above your given work hours. Those financial firms that don't pay out in overtime and have a large client base will generally make you work like a bitch and compensate you for that via your yearly bonus."}
{"_id": "524077", "title": "", "text": "Ashwagandha is biologically known as Withania somnifera. It is a shrub, normally found everywhere in India especially in the northwestern part of the sub continent, but is nowadays cultivated in fields because of its great commercial demand. Ashwagandha restores vitality and has an effect on the libido. The herb is bitter in taste, aphrodisiac, germicidal and diuretic."}
{"_id": "524087", "title": "", "text": "Don't forget to take into account the tax deductability of the interest and PMI into the equation. Of course, this would based on your current pay rate, and your rates after marriage.  Your mentioning the flexibility in future changes is also a key aspect to take into consideration."}
{"_id": "524104", "title": "", "text": "Construction labor rates have been stagnant for 15 years.  These laborers are pushing down the wages of multi-generational skilled tradesmen. Generally speaking, the quality of residential construction has been going down.  Also many of the people in the Mariel boatlift were criminals directly released from prison. Fidel Castro (1980): \u201cI have flushed the toilets of Cuba on the United States.\u201d."}
{"_id": "524123", "title": "", "text": "At indexmundi, they have some historical data which you can grab from their charts: It only has a price on a monthly basis (at least for the 25 year chart). It has a number of things, like barley, oranges, crude oil, aluminum, beef,  etc.    I grabbed the data for 25 years of banana prices and here's an excerpt (in dollars per metric ton): That page did not appear to have historical prices for gold, though."}
{"_id": "524125", "title": "", "text": "Options:  (personally I did the first and it is working well)."}
{"_id": "524129", "title": "", "text": "What people don't realize is that in many EU countries, you pay a per minute fee (even when on hold) when you call a support line.  Your printer broke and you need to call in for a warranty repair?  That will be 15 cents a minute.  They usually cap the maximum charge but it's often not free to call.  In The Netherlands, it's almost never free.    Also, when you buy something and it breaks under warranty, you generally can't return it to a store and they give you a new one.  Instead they ship it out for repairs.  I bought a new coffee machine in Germany for 80 euros.  It broke 3 days later and when I brought it back, they shipped it out for repairs and I had no coffee machine for a week."}
{"_id": "524134", "title": "", "text": "\"No, not on schedule C, better. Its an \"\"above the line\"\" deduction (line 29 on your 1040). Here's the turbo tax article on it. The instructions for this line set certain limitations that you must take into the account, and yes - it is limited to the net profit from the business. One of the following statements must be true. You were self-employed and had a net profit for the year. You were a partner with net earnings from self-employment. You used one of the optional methods to figure your net earnings from self-employment on Schedule SE. You received wages in 2011 from an S corporation in which you were a more-than-2% shareholder. Health insurance premiums paid or   reimbursed by the S corporation are shown as wages on Form W-2. The insurance plan must be established under your business. Your   personal services must have been a material income-producing factor in   the business. If you are filing Schedule C, C-EZ, or F, the policy can   be either in your name or in the name of the business.\""}
{"_id": "524142", "title": "", "text": "I'm going to go the contrarian route and suggest you stay completely out of the stock market for the foreseeable future. We're entering a period of time this country and world has never seen before. Our country is broke / insolvent. We are printing money to buy our own debt. This is beyond stupid. It will destroy us, just like it did Germany in the 1920's. Many states are on the verge of bankruptcy. The only thing stopping them is a constitutional issue. California, Illinois, Michigan, New York etc. are all broke. They are billions in debt and massive underfunding of pensions.  More than a half-dozen European countries are on the verge of financial implosion. The Euro is just as bad off as our dollar. There are extremely powerful forces at work bent on destroying this country and the US dollar, to usher in a One World Government and financial system.  IMO, buy as much gold and silver has you can. Not necessarily as an investment vehicle. I would do it as a survival vehicle. And, I don't mean gold/silver stocks. I mean you buy gold/silver and you take physical possession."}
{"_id": "524149", "title": "", "text": "\"I've been using YNAB4 for the last few years, and I like it so much that I haven't switched to the web version (new YNAB) yet.  However, I have played around with the web version a little, and here is what I have discovered. Despite the different look of the credit card account and the lengthy dissertation on the credit card differences in the Transition Guide, credit cards are handled almost exactly the same in the new YNAB as they were in YNAB4. You enter credit card spending transactions in the same way as YNAB4.  When you enter a transaction, money is pulled out of the budget category you select.  The only difference is that in YNAB4, this money was considered \"\"gone.\"\"  Now, that money moves from your budget category into the new credit card category. When it comes time to pay the credit card bill, you also enter this transaction in the same way as before.  It is entered as a transfer of money from your checking account to your credit card account.  The only difference here is that with new YNAB, the funds are deducted from your credit card category.  This is handled automatically, so you don't have to think about it if you don't want to.   If you always pay your credit card bill in full, you never have to budget money manually into the credit card category.  The money will already be there from when you entered the credit card spending transactions.  The only time you would manually budget money into the credit card spending category is if you have old credit card debt that you are trying to pay off. A quick example, in pictures: I start out with $10,000 in my checking account, and no credit card debt:  I've got all $10,000 in my \"\"Fun Money\"\" category:  Now, I spend $100 at the Store:  You can see that, just like in YNAB4, the credit card account is now in the red $100, and the checking account balance has not changed. In the categories, my Fun Money category is down $100 to $9,900, just like it would be in YNAB4.  The only difference is that there is now $100 in the new Credit Card Payments category.  When it is time to pay the bill, I enter an account transfer, just like in YNAB4:  Note that the Credit Card balance is back to $0, and the Checking Account balance is now down to $9,900. The Credit Card Payment budget category is now magically back to $0:  The above example starts with a zero balance on the credit card.  However, most people will have a non-zero balance on their credit card when they first start a budget.  In YNAB4, when you added a credit card with a (negative) balance, the debt was shown in a budget category called \"\"Pre-YNAB Debt.\"\"  You then added money to this budget category until it went to zero, and then you didn't need this budget category anymore. With new YNAB, credit card balances are not shown in budget categories.  If you add a credit card account with a balance, the debt is not shown in the budget categories.  To pay off this debt, you can fund the Credit Card Payments category.  After this existing balance amount is paid off, you won't need to fund the Credit Card Payments category anymore as long as you properly assign each new credit card purchase to a funded budget category.\""}
{"_id": "524174", "title": "", "text": "That makes sense though since I live in a small town with few tech jobs available, and glassdoor is a good deciding factor when the very little that is available offer little return compared to bigger cities. I am not comfortable moving to the big city just yet since i haven't established myself in the field and competing in a big industrialized city doesn't assure that I will find a job easy peasy lemon squeezy from where I am just yet, therefore it's good to stick around and find something to build experience. I am just hoping to do it before the tech market saturates and these jobs either become scarce, or aren't very profitable anymore since public schools and community efforts offer coding classes and seminars in several cities and communities in hopes of retraining people, when this specialized skill becomes that common it might become as valuable as fast food cashiers since everyone wants to learn. I don't want to compete in a market in that state, it's all very scary (but there are several people on the internet convincing people to not go to college, I live in a town that takes this advice and I know there are several hundred more like it so I have that going for me).   Anyway, Glassdoor does effect smaller businesses that have no benefits, and just a non-standardized work cultures. Basically, it's a bit of a toss up on how you will be treated in a small company since, unlike google, don't list their terms and conditions, plus their policies on their website (if they have one and if they bother). I know big corporations might not need to worry about glassdoor reviews (unless they work in chapters rather than having a huge HQ in one place that hires thousands). I would imagine a small business has more to be afraid of when it comes to glass door brand wise."}
{"_id": "524207", "title": "", "text": "\"Excellent analysis. I agree that one of the main reasons millenials are so critical of advertising is we have grown up with it our entire lives. The author calls the millenials \"\"digital natives,\"\" which is an absolute misnomer and a term I have been using for years to refer to the generation to come, the true digital natives who have been downloading apps since before they were creating memories. We ought to be called Advertising Natives. I am fully aware people are trying to sucker me out of my money for mostly frivolous causes, so I have add blinders on and generally research products before I buy them. Gone are the days of claiming something is NEW AND IMPROVED having any affect on consumers.\""}
{"_id": "524226", "title": "", "text": "The workaround solution is to simply avoid having an exactly zero balance on your account. Thus for inactive credit cards that I want to keep around for emergency use, I always leave a small positive balance on the card. The credit card company reserves the right to cancel my card at any time, but a positive balance would force them to send me a check for the privilege of doing so. A positive balance avoids making the account appear inactive and makes it cheaper for them to simply leave the account open."}
{"_id": "524238", "title": "", "text": "Have the reasons you originally purchased the stock changed? Is the company still sound? Does the company have a new competitor? Has the company changed the way they operate? If the company is the same, except for stock price, why would you change your mind on the company now? ESPECIALLY if the company has not changed, -- but only other people's PERCEPTION of the company, then your original reasons for buying it are still valid.  In fact, if you are not a day-trader, then this COMPANY JUST WENT ON SALE and you should buy more. If you are a day trader, then you do care about the herd's perception of value (not true value) and you should sell. DAY TRADER = SELL BUY AND HOLD (WITH INTELLIGENT RESEARCH) = BUY MORE"}
{"_id": "524242", "title": "", "text": "Bank of America supports two-factor authentication using SMS messages, similar to PayPal. You can enable the feature from Online Banking under Customer Service -> SafePass Settings. Update: Over the weekend of July 28th, 2012, the SafePass control on the authentication page was updated to simple HTML + JavaScript instead of Flash, so that it is now possible to login from Safari on iOS, among others."}
{"_id": "524254", "title": "", "text": "&gt; Fourth, even if they ever did go bankrupt, since you already used up your share of their bonds, the other firms can't blame you for that, because you honestly went about using them with no knowledge that the firm would go bankrupt ever.   What if you had knowledge it would, and did this as a scam?  The mere possibility of the above would limit the third-hand user's willingness to accept bonds from unknown companies. It's that simple."}
{"_id": "524257", "title": "", "text": "You could consider buying a fairly recent used car from CarMax. They have fixed pricing, and you'd save a good amount of money on the car (since cars lose tons of value in their first year or so)."}
{"_id": "524267", "title": "", "text": "Facebook is the commonly used social media platform account and it is difficult to hack Facebook by common people like us. You need help form Facebook hacker who can hack any Facebook account for you. There are online site which offer you with hacking services and that also for free."}
{"_id": "524271", "title": "", "text": "\"I do not agree with your assumption that people fully understand \"\"standards\"\".  Perhaps without government intervention, an aircraft company may build planes that cost 25% less, but have a 3x more likelihood of crashing. Perhaps the company does not disclose that information about the crash incidence to its buyers.   A discount airline may look at this company's planes and decide \"\"hey, they are 25% cheaper, let's use them\"\". Maybe they even know that the crash incidence has dropped from \"\"once per 100 years\"\" to \"\"once per 30 years\"\".   Consumers now shop their air fare, and they repeatedly choose the discount airline because that airline can offer seats that are 10% cheaper than the other airlines who are using the more stringently safe planes.   The other airlines say \"\"hey, look what is going on here, we should probably switch suppliers\"\". They do so - or perhaps the company that they used to buy from now relaxes their standards to \"\"compete\"\".  Now, instead of a plane crashing every 5 years, one crashes every 2 years.   Consumers have no idea that they are flying on planes that have a 3x crash rate than before. The airlines are not going to publicize this information. The aircraft manufacturers are not going to publicize this information either. It's going to be attributed to \"\"that's just the way things are\"\".  Ultimately, people may stop choosing to fly, putting the industry into a death spiral, but that's a long-term drawback, and something that most short-term thinkers - which includes everyone in both the airline and manufacturer industry - will ignore.  This is the problem with free-market libertarianism - it assumes that everyone has perfect information, and that people are capable of making reasonable choices between long and short term impacts. It also falls victim to the prisoner's dilemma because there is no coordination between actors - everyone chooses the path they believe to be most beneficial *to them and them alone*.  Regulation levels the playing field in a way that benefits the entire system, and solves the problem of people being unable to process the impact of \"\"standards\"\" that have no immediate visibility.  Here is a great example of how \"\"no standards\"\" work.   http://nypost.com/2017/02/13/parents-recall-day-son-was-decapitated-on-water-slide/\""}
{"_id": "524276", "title": "", "text": "I'm not sure there will ever be some moment in my life where a person walks up and asks me to install a cybernetic arm and I have to debate the merits. They will develop alongside the culture like most innovations.   Knowing how to use a PC is often a requirement in the First World, when I have to deal with people who dislike the internet or upgrading to new tech it's a huge pain in the ass. If you invented an enhancement that became that essential to productivity or life, like someone said above with coffee or medication, I imagine it would be a similar situation.  The point being, this is already how it works."}
{"_id": "524298", "title": "", "text": "Electricity wasn't always the clear winner. There used to be city wide networks of pressurized water pipes providing hydraulic power for heavy machinery. Gas is still widely used. In many cases we are actually wasting energy by first burning coal to generate electricity, only to convert it back to heat again."}
{"_id": "524307", "title": "", "text": "I mean...*can* we do anything about this, though? We've sent letters, posted comments using the correct forms (which were notoriously complicated to get to if you didn't have a direct link), made phone calls. What else can we do?"}
{"_id": "524313", "title": "", "text": "This happened to me in the mid 90's. I wanted to withdraw enough cash from my account to buy a new car and they nearly panicked. I took a bank draft instead.  I discovered afterward that they can require up to a week's notice for any withdrawl."}
{"_id": "524336", "title": "", "text": "&gt;lol wut? Vice is a media company, not a broadcasting company. HBO charges premium prices to access HBO not Vice.   False. You apparently don't know about their other channels.  &gt;[Vice Media LLC is a North American digital media and **broadcasting company**.](https://en.wikipedia.org/wiki/Vice_Media)  lol.  &gt;If you agree with me then why are you defending Vice here so much? Every article by them is shallow like this one and at that with a very noticeable liberal bias.   This comment thread literally started on me criticizing their graphics in this story. If you will recall, the point of contention you had with me is that I said that only some of their quality is dubious. You insisted all of it was. So, I pointed out that you don't seem like you're in the position to really know, since you clearly avoid their content. During this whole excursion in the discussion, I have repeatedly acknowledged their faults, culminating in criticizing the author's credibility. I'm hardly a Vice shill; I just see shades of grey where you see nothing but black.  &gt;How exactly is that a flaw in my logic? I've seen enough from Vice to know its content is crap so why would I bother to read it?  Because your sampling is very limited, it's an example of an informal logical fallacy called a sweeping generalization. There is also a framing/confirmation bias in your logic, because your analysis is subjective (i.e. Vice, the subject, is crap because I read a couple articles from the subject) versus my analysis which is objective (i.e. Vice can produce some good quality content, but objectively this content is not an example of it).  &gt;More like the reality is you are making a grand assumption here on my end. I'ved watched their documentaries that aired in the 90's, and read various articles and watch various Youtube video's from them. They use to do high quality work, but now its crap.   So, your claim to wide exposure is that you saw some documentaries made over 20 years ago, which were produced before they were acquired in 1999 and Co-founder Gavin McInnes was forced out over creative difference? Oh, and you've seen some YouTube videos, I didn't realize I was talking to such an expert. Much expert! Such impressed! Many experienced! Wowz!"}
{"_id": "524377", "title": "", "text": "*What* big picture?  If you cannot tell the massive drain on an organization simply by looking, you are blind.  How do companies make money?  Income producers.  Who are the income producers?  There are three classes: People who assemble a product, people who charge billable hours, and people who make sales of more product and/or hours.  That's it.  Those are the only people who make money.    If you make a product, you may absolutely require a packaging and shipping department to bring your product to market, but those people will not ever make you more product to sell or bring in more sales, so you run that department as lean as you can.  How lean that is depends entirely on how you feel about business. (Personally, I think it's just as important to be able to enjoy the job as it is to make money, but that's neither here nor there.) Likewise maintenance, likewise IT, likewise accounting, marketing (although they'll never admit it), QC, legal, etc, etc, etc.  The only -ONLY- function of management is to organize operations and deal with problems.  The old PODS-C (Plan, Organize, Direct, Staff and Control(Finance)) falls entirely into organizing or dealing with problems.  Management is there to empower people to do their jobs -and allow them to not deal with crap that is *not* their job- through proper organization and problem resolution.    Just like shipping and maintenance and IT, you run your management staff as lean as possible while still accomplishing the goals of 1) organization to empower employees to do their jobs and 2) problem resolution.  That's it. Once you get that done you don't need any more managers, ever, until you're not able to keep up with 1&amp;2.  So what's the purpose of middle management?  They deal with fundamental problems, but they have no authority to resolve them.  You are paying an entire class of employee to pass the buck up to Higher and wait, hoping that a decision will eventually come back down.  Sometimes they are necessary to accomplish the goals of the organization (ie: during growth periods.)  But they are ALWAYS a drain, and would always be better off replaced by experienced and motivated senior line employees with the authority to make reasonable decisions on the spot."}
{"_id": "524390", "title": "", "text": "Two things I would recommend doing:   I would save a minimum of 15% into retirement.  By young I will assume that you are under 30.  15K/year + company match will grow into a sick amount of money by the time you are in your 60s.  So you have a net worth that is north of 5 million.  What kind of charitable giving can you do then?  Answer:  What ever you want!  Also it could be quite a bit more then that. Get a will.  It will cost a little bit of money, but for someone like you it is important to have your wishes known."}
{"_id": "524391", "title": "", "text": "Introducing the new Ai AccuTemp 1.9 cubic foot vacuum ovens, come standard with 5 aluminum shelves, stainless steel tubing &amp; compression fittings, stainless steel vacuum/vent valves, oil-filled vacuum gauge, 5 sided pad heating technology and two year warranty. The thermal-conductive aluminum shelves provide excellent temperature uniformity inside the chamber, while our 3rd gen LCD low proportional gain temperature controllers keep your oven temperature within +/- 1\u00b0F accuracy, in either \u00b0F or \u00b0C."}
{"_id": "524392", "title": "", "text": "Anyone who has Russian interests keep saying this. I recall Iran was saying the same thing until sanctions hit them hard.  The Russian sanctions are not pleasant for Europe but they won't do nearly as much harm as Russian sources are trying to make them out as doing."}
{"_id": "524414", "title": "", "text": "\"My family instilled in me early on that hard work was important, and the output of that work was its reward. My grandparents really made in impression with me about telling the truth and being fair (probably after I was busted for lying and cheating about something) -- I remember my grandfather talking about the solem trust associated with shaking hands over something. I remember opening a savings account at school on bank day and being really excited about the interest accruing... but my folks never really allowed us to spend it on toys or other stuff. I didn't really think about money at all until I was probably about 10 or 11, when I started watching \"\"Wall Street Week\"\" on PBS with my dad on Friday night and bombarding him with dozens of questions. Then games like Sim City really got me going... my grandmother was always amazed that I was talking about bonding construction projects. I think that before 10 or so, kids needn't concern themselves with money, but should understand responsibility, the rewards that come from working hard, and the consequences for not doing so.\""}
{"_id": "524423", "title": "", "text": "They can't. It looks like they are using the average numbers per family for the cost of education, fire, police, and emergency services. It also says subsidized housing...but I can't confirm that non-citizens can get subsidized housing (without breaking any laws).  Personally, I would rather our firefighters not have to check ID's before they do their job. Also, I would much rather have educated immigrants than denying them education and then dealing with all of the problems that come with lack of education."}
{"_id": "524443", "title": "", "text": "If you had purchased the land directly from your NRI account in your name [with power of attorney] in your wife's name, it would have been very simple to get the funds back. Whenever you sell the land, transfer the funds into NRO account. From NRO account you can repatriate back USD 1 Million. A CA certificate is required detailing the purpose and that tax is paid on the funds, talk to your bank and it should be easy. The gains will be taxable in India as well as in the US. You can claim rebate to the extent of taxes paid in India."}
{"_id": "524471", "title": "", "text": "What's relevant to whether you accept the offer should be the compensation package (including salary and benefits) they're offering, the work you'll be doing, and the conditions in which you'll be doing it. The communication history between you and the recruiter isn't really that relevant, since you probably won't deal with the recruiter once you're hired. So, if this is a job you want to do at the level of compensation offered, accept the offer. If not, don't. If you suspect that they actually could be willing to negotiate for a higher salary despite already saying that they aren't, you could test this by declining the offer and saying that that last $5K is the only sticking point, but only if your intent really is to walk away from the offer as it stands."}
{"_id": "524472", "title": "", "text": "This tale makes me sad the more I learn of it.  I am impressed with your dedication and caring for your ex-wife and particularly your kids; you seem like a good person from your questions. But you are tired and exasperated too.  You have every right to be.  The problem isn't how this woman can rent a new apartment (which there isn't a good way that won't screw over some unsuspecting landlord) but how to get this woman into conseling on a regular basis.  Not just money, but personal or group therapy. She honestly needs help and must face this problem herself otherwise these questions will never stop.  I know you mentioned this doesn't appear to be an option, anf maybe it isn't your job, but I. See your questions are much deeper than personal finance. I wish you the best and I really do admire your resolve to take care of your kids."}
{"_id": "524480", "title": "", "text": "Without Obamacare I would be without insurance. Also, if you follow economic theory, the cheapest way to provide healthcare is to have a large amount of people paying into the same pool. The largest pool would be the entire population. The only way for that to function would be to pay the government to provide healthcare for all.   There is an economic academic paper on this subject. I'll post it in an edit once I find it."}
{"_id": "524493", "title": "", "text": "&gt;It's my belief a CEO should take a base salary of no more than 50 times the MEAN worker's salary is  That's just not realistic.  You're not going to have the CEO of Walmart making 1 million dollars a year while somebody heading up a law firm makes 50 million dollars a year."}
{"_id": "524495", "title": "", "text": "Here's what I'd consider:"}
{"_id": "524501", "title": "", "text": "I've shown this video to people with more than 10 years experience in the finance industry, and even they have gotten something from it. It is a brilliant video, too good not to share. And if we are all the wiser, hopefully we can avoid this type of disaster from happening again.  Thanks for the comments."}
{"_id": "524507", "title": "", "text": "\"I realize. I never would claim I did a ... \"\"triple\"\" full time (?). I was responding to the comment that any credible university wouldn't let you do more than +1 extra class. Obviously, +1 class in terms of hours is variable since it can range from 3-8 hours at a traditional semester university. Our recommended was something like 18 though the upper limit was 20 IIRC (been awhile).\""}
{"_id": "524511", "title": "", "text": "I think business 101 would disagree with you.  A business in business to make a profit.  Otherwise the business will not last. If you are talking about the amount of profit one makes, you might have a point. That being said, that doesn't give one the right to steal the product without compensating the owner."}
{"_id": "524513", "title": "", "text": "\"Yeah, you're right.   Which is interesting in this case anyway, in that many analysts were highlighting the lack of fundamentals supporting the IPO price. To me, that speaks to the willingness of the underwriters to ignore that lack of fundamentals, and perhaps base the value on something else (e.g. \"\"Zuck's a wunderkind, he'll figure it out\"\").   I guess my point is that the lack of foundation (that the market has since priced into the share price) was not hidden from the underwriters.\""}
{"_id": "524525", "title": "", "text": "Loads of financial advisors advise holding index funds they may advise other things as well, but low fee index funds are a staple portfolio item.  I can't speak to the particulars of Canada, but in the US you would just open a brokerage account (or IRA or SEP IRA in the case of a small business owner) and buy a low cost S&P index ETF or low/no fee/commission S&P index mutual fund.  There's no magic to it.   Some examples in no particular order are, Vanguard's VOO, Schwab's SWPPX, and iShares' IVV.  There are also Canadian index equities like Vanguard's VCN and iShare's XIC."}
{"_id": "524530", "title": "", "text": "Given the global warming and pollution issues associated with burning fossil fuels and generating huge amounts of plastic, yes. It's much better than oil.   Battery tech is improving rapidly. Ceramics are becoming viable options in some cases. It's going to be a very interesting 10 years."}
{"_id": "524536", "title": "", "text": "Amazing. I applaud your clear an concise way of explaining such a complex matter. I personally have been baffled by many financial matters and you sir have made it all the more clearer. I am sincerely grateful that you have spent the time to write this, thank you."}
{"_id": "524551", "title": "", "text": "Previously, advertisement volumes were not allowed to be louder than the peak volume (as opposed to the average volume) of the corresponding show. Obviously, the loudest point of a show isn't immediately before the commercial break, so the difference in sounds was very large.   This new regulation should change things for the better. However, I can see TV content producers putting very quiet parts right before breaks to maintain the difference in volume that advertisers rely on to draw attention."}
{"_id": "524580", "title": "", "text": "Just a note about cold callers: I own a phone which I use solely for software development purposes. It has a SIM card that I bought for \u00a30.99 on eBay (needed to activate the phone). Nobody knows that there is any relationship between me and that phone or it's phone number. I have never paid any phone charges, and I cannot make phone calls with that phone. As I said, it is just used for software development purposes.  I get phone calls from cold callers on that phone. Not only do they not know anything about my financial situation, they know nothing and cannot know anything about who I am. They tell me that I was recently involved in an accident and I am likely to get compensation. Yet they don't know my name, my address, anything. Lucky enough, my real business mobile phone is so far not on their radar.  It is most likely that they know absolutely nothing about you, but have a lot of practice in being convincing if they get you to talk to them."}
{"_id": "524608", "title": "", "text": "&gt; \u201cUber has done a U-turn -- at the employment tribunal, the firm argued that they were not a taxi company, but an app putting customers in touch with drivers,\u201d Rachel Farr, a senior lawyer in the employment, pensions and mobility group at Taylor Wessing, said. \u201cNow Uber says that they are no different from a traditional mini-cab firm with self-employed drivers.\u201d  But, but; they're so kicky! The fascist 'normals' are just trying to protect their buggy-whip dinosaur business models, and all that archaic 'compliance with laws' nonsense."}
{"_id": "524609", "title": "", "text": "&gt; This is all mundane chit that barely affects you in real life. If you think this is important, look in the mirror and seriously re-evaluate your life.  I don't think it's important. I was just letting you know that calling out your accuser is great motivation for some people to go dig up stuff. There are plenty of people in this world that get satisfaction from that.  Beyond that, I'm one of the few people so far that has given you genuine feedback to your original post. So to add to that feedback, I hope that your comments in this thread don't reflect your conversational skills. They are overwhelmingly negative and judgmental, and I hope nobody would pay money to be subjected to that."}
{"_id": "524612", "title": "", "text": "ETFs are a type of investment, not a specific choice. In other words, there are good ETFs and bad. What you see is the general statement that ETFs are preferable to most mutual funds, if only for the fact that they are low cost. An index ETF such as SPY (which reflects the S&P 500 index) has a .09% annual expense, vs a mutual fund which average a full percent or more.  sheegaon isn't wrong, I just have a different spin to offer you. Given a long term return of say even 8% (note - this question is not a debate of the long term return, and I purposely chose a low number compared to the long term average, closer to 10%) and the current CD rate of <1%, a 1% hit for the commission on the buy side doesn't bother me. The sell won't occur for a long time, and $8 on a $10K sale is no big deal. I'd not expect you to save $1K/yr in cash/CDs for the years it would take to make that $8 fee look tiny. Not when over time the growth will overshaddow this.  One day you will be in a position where the swings in the market will produce the random increase or decrease to your net worth in the $10s of thousands. Do you know why you won't lose a night's sleep over this? Because when you invested your first $1K, and started to pay attention to the market, you saw how some days had swings of 3 or 4%, and you built up an immunity to the day to day noise. You stayed invested and as you gained wealth, you stuck to the right rebalancing each year, so a market crash which took others down by 30%, only impacted you by 15-20, and you were ready for the next move to the upside. And you also saw that since mutual funds with their 1% fees never beat the index over time, you were happy to say you lagged the S&P by .09%, or 1% over 11 year's time vs those whose funds had some great years, but lost it all in the bad years.  And by the way, right until you are in the 25% bracket, Roth is the way to go. When you are at 25%, that's the time to use pre-tax accounts to get just below the cuttoff.  Last, welcome to SE.    Edit - see sheegaon's answer below. I agree, I missed the cost of the bid/ask spread. Going with the lowest cost (index) funds may make better sense for you.  To clarify, Sheehan points out that ETFs trade like a stock, a commission, and a bid/ask, both add to transaction cost. So, agreeing this is the case, an indexed-based mutual fund can provide the best of possible options. Reflecting the S&P (for example) less a small anual expense, .1% or less."}
{"_id": "524615", "title": "", "text": "The 1.09% is per year, not per month, so you will be getting about 1K per year just for sitting around on your backside. Some important things. It is almost certain that you can earn a better interest rate elsewhere, if you are prepared to leave your 100K untouched. For example, even in Natwest you can earn 3.2% over the next year if you buy a fixed rate bond. For 100K that is certainly worth looking at. Or maybe put 90K in a fixed rate bond and leave 10K in an instant access account. Taxes should not be a problem since you can earn around 7K before you start paying taxes. However be aware that in the UK most bank accounts deduct tax at source. That means they send the tax they think you should have paid to the government, and you then have to claim it back from them. Accounts for young people may work differently. Ask your bank."}
{"_id": "524617", "title": "", "text": "Because it's a con. People give you money because you promise them more money, and then you walk away with their money. There are more steps but they don't matter.  You can probably ignore the MLM drone who doesn't realize he's a cover for abusing those hyped kids. These companies are minimally different from outright fraud. If a business repeatedly assurse you it's legal, that's a warning.   You can definitely ignore the edgelords whining about government."}
{"_id": "524645", "title": "", "text": "TRAVEL GUYS ONLINE gives the best offers choice of thousands of hotels and flights in the world.  We also have a 24-hour phone line if you want to information about hotel and flight booking. Our hotel and flight reviews will help you Find Cheap Hotel Deals in the right location. Whether you are travel booking in last minute. Whether you are travelling for the purpose of business or for entertainment, finding cheap hotel and flight deals of your choice is easy!"}
{"_id": "524649", "title": "", "text": "\"It was not taxed in the previous years because it wasn't in profit. The amount for 2010 is more due to accounting treatment, on account of \"\"Deferred Domestic Income Tax\"\". The figures are at http://data.cnbc.com/quotes/DANG/tab/7.2 You can search for a better understanding of Deferred Domestic Income Tax, a brief explanation is at http://www.investopedia.com/terms/d/deferredincometax.asp\""}
{"_id": "524651", "title": "", "text": "Speaking as a Microsoft zealot - MSFT guy since 1992 - Visual Basic, .Net, SQL Server, SharePoint...  ...and I gotta agree - why the heck aren't they running linux? I see all kinds of kiosks with Windows errors all the time and every time I wonder WTF."}
{"_id": "524672", "title": "", "text": "It is important at this juncture to understand that the man in the white house is a  Fucking Moron and has been selected because he will only further the Israeli agenda and destroy America and American values.  I know it hurts you in the head, but like it or not, it is time to process this and understand, that the world is in this state because of Israel and the Jewish control and influence of the US economy and Government.   I know these words are hard to process, it is they way you have been programmed, struggle on   It is crucial for America to understand that AIPAC and Jewish control of the Fed and the Economy and the Government is what is driving policy, not Democracy and the Myth of the American dream and white Picket fences  . . .if you even remember what those are from under all that debt.  Wake up . .its almost too late"}
{"_id": "524678", "title": "", "text": "Set aside the amount of grocery money you want to spend in a week in cash. Then buy groceries only from this money. The first week make it a generous amount so you don't get rediculous and give up. And stick to it when you are out of money (make sure you have some canned goods or something around if you run out of money a day short). And do not shop when you are hungry."}
{"_id": "524692", "title": "", "text": "He has said it many times in the past and even said so. Idk why you think posting it out of context is accomplishing anything different. According to Elon, the tesla stock price shows where tesla could be in the future, hence 'higher than we deserve right now'. Which those were the choice of words of the interviewer anyways, not elon."}
{"_id": "524708", "title": "", "text": "Based on the statement in your question you think it should have been on the 2014 W-2 but it was included on the 2015 W-2. If you are correct, then you are asking them to correct two w-2 forms: the 2014 form and the 2015 form. You will also have to file form 1040-x for 2014 to correct last years tax forms. You will have to pay additional tax with that filing, and there could be penalties and interest. But if you directed them on the last day of the year, it is likely that the transaction actually took place the next year. You will have to look at the paperwork for the account to see what is the expected delay. You should also be able to see from the account history when it actually took place, and when the funds were credited to your account.  or you could just pay the tax this year. This might be the best if there is no real difference in the result. Now if you added the sale to your taxes lat year without a corresponding tax statement from your account, that is a much more complex situation. The IRS could eventually flag the discrepancy, so you may have to adjust last year filing anyway."}
{"_id": "524723", "title": "", "text": "Yes it is a scam. There is no money. They are after your personal details so that they can get your money."}
{"_id": "524748", "title": "", "text": "Also if you want to dig through history I can do that as well:  How about you heed your own advice:  &gt; Yeah - one slight modification, but make sure you ALWAYS cite your source, otherwise the data is totally worthless, even if it's personal observation.  https://www.reddit.com/r/dataisbeautiful/comments/6rxxvv/distribution_of_beach_umbrella_patterns_oc/dl95b8d/"}
{"_id": "524752", "title": "", "text": "The banks are required to file Currency Transaction Reports (CTR) to the IRS for aggregate transfers of over $10k. They file Suspicious Activity Reports for suspicious activity with an aggregate value of over $5,000 to the US Treasury. You're probably ok for what you're doing provided you aren't doing to regularly, but I would consider looking into alternate means of transferring funds such as a check to avoid the appearance of impropriety. Also, you should be able to call your bank to do a one time ACH transfer for up to $100k with minimal fees."}
{"_id": "524755", "title": "", "text": "I'm not sure, but if it does fall below $70, I don't think the chances of the US emerging as an energy superpower will fall. Nat gas has had low prices (and as a corollary, low prices), for the past couple of years. If Brent really does fall below $70/bbl, then I would assume that natural gas production and efforts would serve as a substitute, and with that, use of the energy source would become more common.  But then again, I don't know shit."}
{"_id": "524763", "title": "", "text": "Wow thanks. I was thinking about the PC repair thing. But here is one internet provider that fix pcs for free. So that would not be good idea. :P And Im good at IT im going to IT academy too, I know everythink about that. But i think that its not good idea for my location .. Its village with 30 000 people. And other villages around not far away , its like town,village. And car dealership is cool idea I would love to do that can U give me some more advices how to start as Car dealer? :) Thanks alot &lt;3 sorry for grammar :P"}
{"_id": "524769", "title": "", "text": "Fed Reserve is not responsible for devaluing the dollar, but it is run by secrecy.   Should be nationalized and in control of by government.   A nation has to have the power over its money printing, it can't let some private large bankers control all its central bank stock shares  and the money policies of a nation.      the dollar goes down during boom times, but goes up during crisis and recession.   the devaluing was more due to too much debt in circulation acting as money supply.  when that debt exploded in 2008 US dollar shot to the moon.     M2  increased not in relations to M1 before the 2008 crisis.  That proves debt/money lent out by commercial private banks was the cause for inflation, not FED base money printing.     on youtube you should watch some bill still videos, ellen brown, steve keen, harry s dent,  richard wolff.   Do not fall for any retarded mises asstrian von hoodwink libertarian gold bug videos telling you how great gold standard or gold exchange program is.  That's just plain slavery."}
{"_id": "524788", "title": "", "text": "\"Linkedlinked, You might want to seriously take another look at the links that Chris provided you.  Specifically the ones on the IRS website: http://www.irs.gov/businesses/small/article/0,,id=99921,00.html From the IRS website: Businesses must weigh all these   factors when determining whether a   worker is an employee or independent   contractor. Some factors may indicate   that the worker is an employee, while   other factors indicate that the worker   is an independent contractor. There is   no \u201cmagic\u201d or set number of factors   that \u201cmakes\u201d the worker an employee or   an independent contractor, and no one   factor stands alone in making this   determination. Also, factors which are   relevant in one situation may not be   relevant in another. The keys are to look at the entire   relationship, consider the degree or   extent of the right to direct and   control, and finally, to document each   of the factors used in coming up with   the determination. Perhaps more importantly... pay attention to what happens if you're WRONG: Consequences of Treating an Employee as an Independent Contractor If   you classify an employee as an   independent contractor and you have no   reasonable basis for doing so, you may   be held liable for employment taxes   for that worker (the relief   provisions, discussed below, will not   apply). See Internal Revenue Code   section 3509 for more information. I would STRONGLY recommend that you and your partners give your accountant a call and discuss the matter.  They will be able to help you make the right decision. One of biggest mistakes businesses make in this are is to classify their employees as independent contractors.  The IRS (who happens to be hungry for money right now) comes in and says, \"\"Nooooooooo... those are employees.\"\" ...and the COMPANY gets to pay the employment taxes.  I actually have person experience with this as I worked for a company this happened to.  Every contractor was re-classified as an employee except for two (myself and one other).  The key reason in that case was that none of the other contractors had any other clients. While I understand that you have other clients, I would still recommend talking to your accountant for an hour or so... just to be 100% sure. Sincerely, Andrew Smith TaxQueries.com\""}
{"_id": "524789", "title": "", "text": "I agree that a random page on the internet is not always a good source, but at the same time I will use Google or Yahoo Finance to look up US/EU equities, even though those sites are not authoritative and offer zero guarantees as to the accuracy of their data. In the same vein you could try a website devoted to warrants in your market.  For example, I Googled toronto stock exchange warrants and the very first link took me to a site with all the information you mentioned.  The authoritative source for the information would be the listing exchange, but I've spent five minutes on the TSX website and couldn't find even a fraction of the information about that warrant that I found on the non-authoritative site."}
{"_id": "524801", "title": "", "text": "With the information you have given, I would say never. Remember the banker is a salesman, and the line of credit is the product. If you don't need to borrow the money for something specific, then you don't need the line of credit in the first place. Even if you did need something I would tell you to save up and pay cash for it. On the tax advantage: There is none, in the US you can deduct your mortgage interest on your taxes but it's not a tax credit it's a tax deductions. Let me explain further: You spend $10,000 on mortgage interest, and you're in the 25% tax bracket. You send the bank $10,000 in return you get at tax savings of $2500. You are still in the hole $7500 You would have been better off not taking out the loan in the first place. On the Emergency Fund: You should have 3 - 6 months of expenses in cash, like a money market account.  This money isn't for investing, it's like insurance, and you don't make money on insurance. The last thing you want to do is have to go into debt right in the middle of an emergency. Say you lost your job, the last thing you would want to do is borrow money, right at the time you have no income to pay it back. The bank is under no obligation to maintain you credit limit and can without notice reduce it, they can in most cases call the loan balance due in full with little or no notice as well. Both of those are likely scenarios if the bank were to become aware of the fact that you were unemployed."}
{"_id": "524819", "title": "", "text": "\"&gt; Why aren't all government programs required to be self sufficient starting with military?  How would the military be self-sufficient? They'd literally have to *invade and plunder other nations* on a regular basis.  For some things, it just doesn't make sense to expect that. That's why we have \"\"government services\"\" in the first place, they are services that we need to be a successful society as a whole, but by their nature cannot be self-sufficient.\""}
{"_id": "524829", "title": "", "text": "Easily transfer your earnings to India with HDFC Bank's NRE Savings Account. The Non Residential External Account allows you to repatriate the funds held in the account at any point of time. Open a NRE Savings Account now! Check out our website to know more!"}
{"_id": "524846", "title": "", "text": "\"Here, check out my updated reply above - I added an example that might clarify some of your questions?  Also, to answer the \"\"to whom\"\" question, you're signaling those things to the market. By trading at what you believe to be fair value, you're helping the market price all of those \"\"events\"\" contained in a futures contract.\""}
{"_id": "524878", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.usatoday.com/story/money/2017/10/06/hurricanes-batter-payrolls-33-000-jobs-lost-sept/737990001/) reduced by 87%. (I'm a bot) ***** &gt; The unemployment rate, which is calculated from a different survey than the headline job totals, edged lower because gains in the number of people employed outpaced an increase in the labor force, which includes people working and looking for jobs.  &gt; The drop in unemployment likely means it will become even tougher for employers to find job candidates, forcing them to raise pay more substantially and juicing inflation that has been persistently sluggish.  &gt; Hurricane Harvey barreled into the Houston area in late August and Irma lashed Florida in early September, shutting down many businesses and making it difficult for workers to travel to job sites.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74oszb/hurricanes_blamed_as_33000_jobs_lost_in_september/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~223354 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **work**^#2 **Unemployment**^#3 **year**^#4 **rate**^#5\""}
{"_id": "524879", "title": "", "text": "\"Yes, your business needs to be in the business of making money in order for you to deduct the expenses associated with it. I suppose in theory this could mean that if you take in $10,000 and spend $30,000 every year, you not only don't get a net deduction of $20,000 (your loss) but you have to pay tax on $10,000 (your revenue). However this is super fixable. Just only deduct $9500 of your expenses. Tada! Small profit.For all the gory details, including how they consider whether you have an expectation of profits, see http://www.cra-arc.gc.ca/E/pub/gl/p-176r/p-176r-e.html This \"\"expectation of profit\"\" rule appears to apply to things like \"\"I sell home d\u00e9cor items (or home decorating advice) and therefore need to take several multi week trips to exotic vacation destinations every year and deduct them as business expenses.\"\" If you're doing woodworking or knitting in your home and selling on Etsy you don't particularly have any expenses. It's hard to imagine a scenario where you consistently sell for less than the cost of materials and then end up dinged on paying tax on revenue.\""}
{"_id": "524888", "title": "", "text": "Much of the time, medication is finished by students with remarkable scholastic execution. There are a few details required for an understudy who needs to go to a therapeutic college or school. There are many schools that offer medicine programs yet you should ensure you get the correct sort of advanced education before applying for any medical school interview course. On the off chance that you apply on the web, you could take a gander at the remarks made by students who examine in the school that encourages you to assess the school and its offices."}
{"_id": "524899", "title": "", "text": "The first DirecTV DVRs were TiVos, and they were fantastic. My family had a few.  DirecTV decided they'd rather keep the $1 per month they had to pay TiVo and released their own DVRs, which were widely panned. But if you wanted HD you didn't have a choice. That's why I bought a Series 3 and moved back to cable.  Some time in the last few years DirecTV though better of this decision and started offering new TiVo based boxes."}
{"_id": "524904", "title": "", "text": "I know this is pulling at straws and something I am against but how is this different than when some Mississippi businesses decided they didn't want to sell to gay people? Again, I hate that my state did that and I am not for racism but it seems that Reddit was in arms against this yet I have seen many posts like this that is similar and your argument is basically what the business owners said as to why they didn't want to sell to gay people.  In your opinion, what is the difference? The businesses were not publicly owned, should they have been afforded the same leniency as Reddit is showing now...because they were not.  Again, completely against racism and what MS did, but why is it ok to hate on one type of business and not another?"}
{"_id": "524912", "title": "", "text": "\"What percent of my salary should I save? is tightly coupled with its companion, What size \u201cnest egg\u201d should my husband and I have, and by what age? Interestingly, Mr.Christer's answer, 10%, is the number that plugs into the equation that I reference. Jay's 25X rule is part of this. We start with the assumption that one's required income at retirement will be 80% of their pre-retirement income. That's high by some observations, low by others. A quick look at the expenses that go away in retirement - The above can total 35-40% It would be great if it ended there, but there are costs that go up. The above extra spending is tough to nail down, after all, you knew what you spent, and what's going away, but the new items? Crapshoot. (For non-native speakers - this refers to a game with dice, meaning a random event) Again, referencing Mr Christer's answer \"\"financial planners whom you could pay to give you a very accurate number,\"\" I'm going to disagree with that soundbyte. Consider, when retirement is 30 years away, you don't know much If I can offer an analogy. I once had the pleasure of hearing Jim Lovell (The astronaut played by Tom Hanks in Apollo 13) give a speech. He said that for the first 99% of the trip to the moon, they simply aimed ahead of their target, never directly at the moon. In this manner, I suggest that with so many variables, accuracy is impossible, it's a moving target. Start young, take the 10% MrC offered, and keep saving. Every few years, stop and see if you are on target, if not, bump the number a bit.  Better to turn 50 and find that after a good decade you've reached your number and can drop your savings to a minimum, perhaps just to capture a 401(k) match, than to turn 50 and realize you've undersaved and need to bump to an unsustainable level. Imagine planning ahead in 1999. You've seen 2 great decades of returns, and even realizing that 18%/yr couldn't continue, you plan for a below average 7%, this would double your 1999 balance in 10 years. Instead you saw zero return. For a decade. In sum, when each variable has an accuracy of +/-50% you are not going to combine them all and get a number with even 10% accuracy (as if MrC were wrong, but the pro would tell you 11% is right for you?). This is as absurd as packaging up a bunch of C rated debt, and thinking that enough of this paper would yield a final product that was AAA.\""}
{"_id": "524940", "title": "", "text": "One difference is the bid/ask spread will cost you more in a lower cost stock than a higher cost one. Say you have two highly liquid stocks with tiny spreads: If you wanted to buy say $2,000 of stock: Now imagine these are almost identical ETFs tracking the S&P 500 index and extrapolate this to a trade of $2,000,000 and you can see there's some cost savings in the higher priced stock. As a practical example, recently a popular S&P 500 ETF (Vanguard's VOO) did a reverse split to help investors minimize this oft-missed cost."}
{"_id": "524949", "title": "", "text": "If you buy a stock and it goes up, you can sell it and make money. But if you buy a stock and it goes down, you can lose money."}
{"_id": "524951", "title": "", "text": "Their suit looked like shit compared to the original, and all they had to do was stagger the text a bit so that it didn't line up every word in every line. Such a small difference, and I bet they would have sold a lot more."}
{"_id": "524957", "title": "", "text": "I'd say blockchain technology more than cryptocurrency, cryptocurrency is just 1 application of blockchain tech; and we have not seen the whole development, not just yet.  Like someone else commented AI/Robotics at large is the 1 big thing I see coming down the pipeline."}
{"_id": "524968", "title": "", "text": "The world economies will go to shit. South Korea is part of an electronics manufacturing ecosystem. They make advanced parts for many types of electronics. I would bet you 100 dollars that you have some sort of electronic device in your home that has a samsung manufactured microchip or lcd/oled screen on it."}
{"_id": "524985", "title": "", "text": "Greg Lindberg Greg Lindberg is constantly exposed to media. Indeed, this entire stimulus has a profound effect on the brain, making it difficult to sit back and simply relax. For Greg Lindberg, meditation offers a way to handle and ease most stressful situations. Here\u2019s what he suggest: Sit down somewhere quietly, close your eyes, and just stay in the present."}
{"_id": "524992", "title": "", "text": "If you end up keeping the student loan, it will be a tax deduction.  Probably not much but at least it's something."}
{"_id": "525012", "title": "", "text": "Modular Kitchen Showroom in Udaipur http://kitchensdot.com/ Kitchens Dot Com is a leading Modular Kitchen Showroom situated in Udaipur. We provide complete solutions for modular kitchens for residents, hotels, restaurants and offices. Our proffered products are designed by professional designers with International design expertise and collaboration. We are famous for creating magic with motion. With the help of our designed modular kitchens you can work with effortlessness in your kitchens."}
{"_id": "525019", "title": "", "text": "People have had a taste of affordable health care. It will not go away, but people will demand that their tax dollars are used sensibly for health coverage for all. Maybe the Government could start working for the common people (the majority of it's citizens) instead of being a slave to corporate power and the wealthy."}
{"_id": "525034", "title": "", "text": "LEGEAR Australia is the leading supplier of the Law Enforcement, Military, Public Safety, Hunting and Outdoor products in Australia and New Zealand. It has built a reputation on providing the highest quality products, offering exceptional service and on time delivery since 1999."}
{"_id": "525049", "title": "", "text": "\"Thanks for the reply man. Yeah it literally says \"\"closed\"\" next to the accou t name. But we finally got ahold of someone, I guess they close your account whenever you have $0 in it and the account should open again 1-2 business days after the direct deposit tries to go into her account. At least that's what the lady said.   She hates this bank but we live in a small town and there's just not many options in terms of banking here.  Thanks for the help though man I appreciate it!\""}
{"_id": "525050", "title": "", "text": "&gt; why not lower the minimum wage?       Because businesses and landlords won't suddenly lower their prices.   They will just take the profits.      As a white collar worker earning far above minimum wage who owns middle class investment property,  I will probably win if minimum wages rise.   My rents will rise more than my maintenance costs + property tax rise.   As my interest rate is fixed, the inflationary pressures will effectively lower my debt.       I know who won't win, and that's the minimum wage workers who receive the pay rise.   Most of their consumption is provided by minimum wage worker intensive areas.   Fast Food, supermarkets, gas, utilities.   All areas that will rise, and what's left will be eaten up by rent rises.       Minimum wage should be fixed to inflation, rising annually by CPI.   Then we should stop talking about minimum wages at all, and focus on how we can assist in upward mobility."}
{"_id": "525053", "title": "", "text": "If you want to predict the, the easiest solution is to get hold of a copy of last year's tax forms and fill them in with estimated numbers.  Odds are that none of the more complicated deductions will apply to you this first time around, so I'd suggest just using the federal 1040EZ, and your state's equivalent, for this purpose. If it turns out that you can claim anything more than the standard deduction, that would reduce your taxes, so this is leaning toward the safe side."}
{"_id": "525056", "title": "", "text": "Devaluation is a relative term, so if you want to protect yourself against devaluation of your currency against dollars - just buy dollars. Inflation is something you cannot protect yourself against because it is something that describes the purchasing power of the money. You will still need to purchase, and usually with money. A side effect of inflation is usually devaluation against other currencies. So one of the ways to deal with inflation is not to keep the money in your currency over time, and only convert from a more stable currency when you need to make purchases. Another way is to invest in something tangible that can easily be sold (for example, jewelery and precious metals, but it has other risks). Re whats legal and illegal in your country - we don't really know because you didn't tell what country that is to begin with, but the usual channels like travelers' checks or bank transfer should work. Carrying large amounts of cash are usually either illegal or strictly regulated."}
{"_id": "525069", "title": "", "text": "\"Cash payments are done in situations where your anonymity is almost always canceled by your presence.  If you allow remote anonymous payments the very concept of money laundering disappears. \"\"Follow the money\"\" is dead as a policing strategy. I wish, but it's not going to happen without resistance.\""}
{"_id": "525075", "title": "", "text": "Companies with more capital like Panerai, Breitling, Hublot (who once relied nearly 100% on ETA)  started making their own movements 3-6 years ago in response to this impending ETA movement kit shortage.    For the smaller guys like Glycine &amp; Oris and lower end models of TAG, a company called Sellita has jumped into the game.  Their movements are designed to basically be copies of the common ETA movements so manufactures don't have to change a thing, just buy from a new (lesser quality) company.   http://www.ablogtoread.com/sellita-movement-makers-a-little-bit-of-china-in-switzerland/"}
{"_id": "525080", "title": "", "text": "Compare the different trading accounts available at Money and MoneySuperMarket. All are regulated by FSA and they give protection according to the FSA standards for client deposits i.e. deposits distributed across multiple banks. I personally hold a trading account from Selftrade. You can find statements like below, in their terms and conditions regarding protection of your money deposited with them. If we cannot meet our obligations, your investment may be protected by the Financial Services Compensation Scheme. Compensation is provided for 100% of \u00a350,000."}
{"_id": "525082", "title": "", "text": "If you are the owner and lover of an Indian motorcycle and you are considering purchasing an old Indian motorcycle, you will be looking for Indian Motorcycle spare parts provider. We provide the Indian 341 motorcycle spares parts online at affordable prices. If you have an old Indian motorcycle, then will need someone to service the motorcycle and have the security of knowing they supply spare parts. We provide the best Indian motorcycle spare parts."}
{"_id": "525085", "title": "", "text": "The problem is the H1B program is currently being abused to fill entry level positions, which it wasn't designed to do.  Now we have a glut of American entry level tech workers unable to find work because companies use H1B workers to fill entry level spots. Why? Because it's cheaper they can save $10k per year per worker. And here's the real kicker, most of these H1B workers go back to their home country once finished, so the talent and money doesn't stay in the states. And now we have a shortage of senior tech workers because who would have thought that not giving entry level workers here the chance to work, while tossing away the H1B workers every five years, would bite them in the ass?!!!"}
{"_id": "525086", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://reason.com/blog/2017/06/06/seattle-becomes-latest-city-to-pass-regr) reduced by 80%. (I'm a bot) ***** &gt; The storekeeper operates his shop on the edge of Seattle, and now will have to compete with neighboring communities that have no soda tax.  &gt; The original proposal also included a tax on diet beverages, on the theory that this would make a regressive tax more equitable.  &gt; So even if it made sense to tax low-income Seattleites so that supposedly smarter officials could then give the money back to them in the form of services the government thinks they need, there&amp;#039;s no guarantee that the soda tax will do even that.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fwipx/seattle_passes_regressive_soda_tax/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~138928 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **Seattle**^#2 **passed**^#3 **diet**^#4 **regressive**^#5\""}
{"_id": "525089", "title": "", "text": "Sounds like you're doing fine, though somewhat fuzzy: how are you allocating the $500/month? Are you doing dollar cost averaging into funds, accumulating enough $$ to buy round lots of individual stocks, market timing, etc. The summary suggestion: max out the ROTH first, then with $$$ left over, do the after tax, low-cost fund,  monthly dollar cost averaging approach."}
{"_id": "525094", "title": "", "text": "\"RoR for options you bought is fairly easy: (Current Value-Initial Cost)/Initial Cost gives you the actual return. If you want the rate of return, you need to annualize that number: You divide the return you got above by the number of days the investment was in place, and then multiply that number by the number of days in a year. (365 if you're using calendar days, about 255 if you're using trading days.) RoR for options you sold is much more complex: The problem is that RoR is basically calculating the size of your return relative to the capital it tied up to earn it.   That's simple when you bought something; the capital tied up is the money you put up.   It's more complex on a position like a short option, where the specific transaction in question generates cash when it's put on.    The correct way to deal with this is to A) Bundle your strategy (options, stock and collateral) into one RoR where appropriate, and B) include any needed collateral to support the short option in the calculation. So, if you sell a \"\"cash-secured\"\" put, where you have to post the money that you'd need to take delivery of the shares if they were put to you, the initial cost is the total amount you'd need to put the trade on:   in this case, it's the cash amount, less the premium you collected for selling the put.  That's just one example.    But the approach holds more broadly:  if you're using covered calls, your original cost is the cost of the stock less the premium generated by the sale of the call.\""}
{"_id": "525129", "title": "", "text": "\"Note: this answer is true for the UK, other places may vary. There are a couple of uses for credit cards.  The first is to use them in a revolving manner, if you pay off the bill in full every time you get one then with the vast majority of cards you will pay no interest, effecitvely delay your expenses by a month, build your credit rating and with many credit cards you can also get rewards. Generally you should wait until the bill comes to pay it off. This ensures that your usage is reported to the credit ratings agencies. In general you should not draw out cash on credit cards as there is usually a fee and unlike purchases it will start acruing interest immediately. The second is longer term borrowing. This is where you have to be careful. Firstly the \"\"standard\"\" rate on most credit cards is arround 20% APR which is pretty high. Secondly on many cards once you are carrying a balance any purchases start acruing interest immediately. However many credit cards offer promotional rates. In contrast to the standard rates which are an expensive way to borrow the promotional rates often allow you to borrow at 0% APR for some period. Usually when it comes to promotional rates you get the best deal by opening a new credit card and using it immediately.  Ideally you should plan to pay off the card before the 0% period ends, if you can't do that then a balance transfer may be an option but be aware than in a few years the market for credit cards may (or may not) have changed. Whatever you do you should ALWAYS make sure to pay at least the minimum payment and do so on time. Not doing so may trigger steep fees, loss of promotional interest rates. There is a site called moneysavingexpert that tracks the best deals.\""}
{"_id": "525132", "title": "", "text": "My understanding is they have X amount of seats per plane which are divided up into different fare buckets. So if you see $200 and there's only one seat left in that fare class and it sells out before you hit the buy button then you have to buy a seat in the next fare class.   Not sure how this is bait and switch. Unlike Ticketmaster you don't have a lock on an actual seat. .   Also why not call them in case it's a computer glitch. I'm sure they would honor the original price."}
{"_id": "525149", "title": "", "text": "I'm assuming you are in the US here. From a tax perspective you don't need to take any action to start a business and deduct expenses.  If you have earned income coming from a source other than a W2 paying job, then you have a business.  On your taxes, this means you file a schedule C (which is where you will deduct business expenses) and schedule SE (which computes how much FICA tax you will owe on your business income).  When we talk about starting a business, we usually are talking about creating a corporation or LLC.  No particular tax advantage to that in your case, but there could be liability advantages, if you are concerned about that. If you file losses consistently year after year, the IRS might try and classify your business as a hobby.  That's what you should worry about.  I suppose incorporating might reduce the probability of that, but it might not.  Keep good records in case you need to argue with the IRS.  If you do have to argue with them, they will want to ensure that you only used the laptop and internet for your business.  That's a big if, but it's a potentially scary one. IRS Guidelines on hobby vs. business income Note: besides deducting expenses, another advantage of self-employment is opening a solo-401(k) or SEP or SIMPLE IRA.  These potentially allow you to set aside a lot more money than the typical IRA and 401(k) arrangement.  Thing is, you have to have a lot more earned income to really take advantage of them, but let's hope your app gets you there."}
{"_id": "525159", "title": "", "text": "Quoting here what I said through modmail: &gt; &gt; looks like automoderator went down the shitter again.   &gt; this happens from time to time, it means basically our 'firewall' gets temporarily disabled. I've asked the reddit admins multiple times wtf is up, to no avail (of course).   &gt; Basically, what you're seeing rn is all the crap that we automatically filter most of the time.    I've removed all of the reported posts just now."}
{"_id": "525191", "title": "", "text": "&gt; some companies will go into survival mode   Good, that gives their competition time to take market share.  As long as there is money on the table, someone is going to reach for it.  Markets aren't known for their patience.  &gt; It is a disincentive to produce more when there are more burdens on you.   Bullshit, tax burdens cause tax avoidance, they don't touch production as long as profits are still available."}
{"_id": "525193", "title": "", "text": "\"Article summation: You may have enjoyed that 30% last year and 6% first half this year, but inflation is almost at 2% and we expect inflationary hedges and non-US-dollar investments to outperform.  My response: Hahaha, what? Is he even looking at his own numbers? Since when did 2% inflation \"\"trump\"\" 6, 12, or 30% growth? He can't seriously be implying that people should run to gold...\""}
{"_id": "525200", "title": "", "text": "I wouldn't do this. There is a chance that your check could get lost/misdirected/misapplied, etc.  Then you would need to deal with the huge bureaucracy to try to get it fixed while interest and penalties pile up.   What you can do is have the IRS withdraw the money themselves by providing the rounting number and account number of your bank.  This should work whether is it a traditional brick and mortar bank or an online bank."}
{"_id": "525207", "title": "", "text": "In the intro to the Big Short, the author talks about how he wrote liars poter to steer people away from wall street, but in the end it became a manual for how to work there.  I am not trying to steer you away, or towards anything except the facts. If you want to do well in something, the best idea is to understand it; warts and all."}
{"_id": "525213", "title": "", "text": "An option, by definition, is a guess about the future value of the stock. If you guess too aggressively, you lose the purchase price of the option; if you guess too conservatively, you may not take the option or may not gain as much as you might have. You need to figure out what you expect to happen, and how confident you are about it, against the cost of taking the option -- and be reasonably confident that the change in the stock's value will be at least large enough to cover the cost of buying into the game. Opinion: Unless you're comfortable with expectation values and bell curves around them, it's significantly easier to lose money on options than to profit on them. And I'm not convinced that even statisticians can really do this well. I've always been told that the best use for options is hedging an investment you've already made; treating them as your primary bet is gambling, not investment."}
{"_id": "525218", "title": "", "text": "You clearly don't understand my post. NK has survived 60 years not because they're dumb, but because they know how to posture and keep the west at bay, and have the support of China. I'd love to wipe them off the map. But they had no real plans to launch. As I said- trump had nothing to do with them backing down, their Chinese masters told them to chill out. And since NK relies on China for their fucking food, they fucking listened.   You know the problem with people like you? I made a reasonable statement of my opinion and instead of going after my point- you insist on attacking the person saying it. You have no idea how to have a debate without personal attacks just like your charlatan boy king.   Go ahead and leave the geopolitics to the adults. Thanks."}
{"_id": "525231", "title": "", "text": "\"There are two distinct questions that may be of interest to you. Both questions are relevant for funds that need to buy or sell large orders that you are talking about. The answer depends on your order type and the current market state such as the level 2 order book. Suppose there are no iceberg or hidden orders and the order book (image courtesy of this question) currently is:  An unlimited (\"\"at market\"\") buy order for 12,000 shares gets filled immediately: it gets 1,100 shares at 180.03 (1,100@180.03), 9,700 at 180.04 and 1,200 at 180.05. After this order, the lowest ask price becomes 180.05 and the highest bid is obviously still 180.02 (because the previous order was a 'market order'). A limited buy order for 12,000 shares with a price limit of 180.04 gets the first two fills just like the market order: 1,100 shares at 180.03 and 9,700 at 180.04. However, the remainder of the order will establish a new bid price level for 1,200 shares at 180.04. It is possible to enter an unlimited buy order that exhausts the book. However, such a trade would often be considered a mis-trade and either (i) be cancelled by the broker, (ii) be cancelled or undone by the exchange, or (iii) hit the maximum price move a stock is allowed per day (\"\"limit up\"\"). Funds and banks often have to buy or sell large quantities, just like you have described. However they usually do not punch through order book levels as I described before. Instead they would spread out the order over time and buy a smaller quantity several times throughout the day. Simple algorithms attempt to get a price close to the time-weighted average price (TWAP) or volume-weighted average price (VWAP) and would buy a smaller amount every N minutes. Despite splitting the order into smaller pieces the price usually moves against the trader for many reasons. There are many models to estimate the market impact of an order before executing it and many brokers have their own model, for example Deutsche Bank. There is considerable research on \"\"market impact\"\" if you are interested. I understand the general principal that when significant buy orders   comes in relative to the sell orders price goes up and when a   significant sell order comes in relative to buy orders it goes down. I consider this statement wrong or at least misleading. First, stocks can jump in price without or with very little volume. Consider a company that releases a negative earnings surprise over night. On the next day the stock may open 20% lower without any orders having matched for any price in between. The price moved because the perception of the stocks value changed, not because of buy or sell pressure. Second, buy and sell pressure have an effect on the price because of the underlying reason, and not necessarily/only because of the mechanics of the market. Assume you were prepared to sell HyperNanoTech stock, but suddenly there's a lot of buzz and your colleagues are talking about buying it. Would you still sell it for the same price? I wouldn't. I would try to find out how much they are prepared to buy it for. In other words, buy pressure can be the consequence of successful marketing of the stock and the marketing buzz is what changes the price.\""}
{"_id": "525247", "title": "", "text": "The answer is generally yes.  Depending on your circumstances and where you live, you may be able to   get help through a federal, state, or lender program that:"}
{"_id": "525268", "title": "", "text": "Today notebook is on more demand as compare to laptops and computers because of its lightweight and high battery backups. If your notebook battery is not working properly and planning to purchase a new one, you can opt from manufacturing company who provides the high quality battery both original and OEM at affordable rates."}
{"_id": "525269", "title": "", "text": "Ya that is really weird. I have a local bar I eat/drink at least once a week and depending on total, I'll tip 30-100% (if it's a daily special and only $10 total, I'll just leave a $20).    These people become known on a first name basis and are pleasant and helpful. Stiffing them or even being cheap comes off really poorly. We're only taking $5-10 more to make someone's day better. (And usually they'll give you freebies!)"}
{"_id": "525277", "title": "", "text": "You should not continue contributing, as you're no longer qualified for it. You can keep it, and use the money in it toward the current medical expenses, without a problem. There are specific examples in pub 969."}
{"_id": "525292", "title": "", "text": "You are absolutely correct, incorporation and the fiduciary responsibility that comes with it almost always leads to a sacrifice in product quality and long-term business principles. I always think of the difference between McDonalds and In-n-Out hamburgers as examples of where each road leads."}
{"_id": "525318", "title": "", "text": "Its like anything else, you need to study and learn more about investing in general and the stocks you are looking at buying or selling. Magazines are a good start -- also check out the books recommended in another question. If you're looking at buying a stock for the mid/long term, look at things like this: Selling is more complicated and more frequently screwed up:"}
{"_id": "525322", "title": "", "text": "\"The same author wrote in that article \u201cthey have a trillion? Really?\u201d But that\u2019s what happens when ten   million dollars compounds at 2% over 200 years. Really? 2% compounded over 200 years produces a return of 52.5X, multiply that by 10M and you have $525 million. The author is off by a factor of nearly 2000 fold. Let's skip this minor math error.  The article is not about 401(k)s. His next line is \"\"The whole myth of savings is gone.\"\" And the article itself, \"\"10 Reasons You Have To Quit Your Job In 2014\"\" is really a manifesto about why working for the man is not the way to succeed long term. And in that regard, he certainly makes good points. I've read this author over the years, and respect his views. 9 of the 10 points he lists are clear and valuable. This one point is a bit ambiguous and falls into the overgeneraluzation \"\"Our 401(k) have failed us.\"\" But keep in mind, even the self employed need to save, and in fact, have similar options to those working for others. I have a Solo 401(k) for my self employment income.  To be clear, there are good 401(k) accounts and bad. The 401(k) with fees above 1%/yr, and no matching, awful. The 401(k) I have from my job before I retired has an S&P index with .02%/yr cost. (That's $200/$million invested per year.) The 401(k) is not dead.\""}
{"_id": "525334", "title": "", "text": "\"&gt; I don't know all the background details of the methodology...  Fair enough.  &gt; I do trust the analysis that NZ is freer than the US...  Then I have a specific question.  [The Heritage Foundation's score of business freedom](http://www.heritage.org/index/regulatory-efficiency) is \"\"a quantitative measure of the ability to start...a business...\"\" plus other things. In the US, health care is an issue when starting a business because the entrepreneurs must give up a subsided plan with their former jobs and then they need to research and buy a plan at their new company. This is all because health care is tied to work here in the US.  New Zealand doesn't have these problems because, as /u/Ratl0r mentioned, they have universal health care.  Would you agree that the US moving to a universal health care system would make it easier for its citizens to start a business?\""}
{"_id": "525337", "title": "", "text": "Purchases and sales from the same trade date will both settle on the same settlement date. They don't have to pay for their purchases until later either. Because HFT typically make many offsetting trades -- buying, selling, buying, selling, buying, selling, etc -- when the purchases and sales settle, the amount they pay for their purchases will roughly cancel with the amount they receive for their sales (the difference being their profit or loss). Margin accounts and just having extra cash around can increase their ability to have trades that do not perfectly offset. In practice, the HFT's broker will take a smaller amount of cash (e.g. $1 million) as a deposit of capital, and will then allow the HFT to trade a larger amount of stock value long or short (e.g. $10 million, for 10:1 leverage). That $1 million needs to be enough to cover the net profit/loss when the trades settle, and the broker will monitor this to ensure that deposit will be enough."}
{"_id": "525347", "title": "", "text": "It seems pretty clear to me that one of two things will happen regarding your local housing market: Personally, I'd hold out until either 1 or 2 happens, and then buy. (Assuming you plan to stay in your town regardless.) If you wait you'll end up with either a stronger investment or a big discount."}
{"_id": "525351", "title": "", "text": "Waste of time prepping for it. This isn't the CFA.  I took mine at 9am on a Friday morning.. halfway through I said fuck this and skipped all problems requiring calculations. Finished an hour + early and still did better than 90% of my classmates who thought they were finance rainmakers"}
{"_id": "525360", "title": "", "text": "Here are a few points to consider: Taxes: As a consultant, you will be responsible for the employer portion of the Social Security and Medicare taxes, and you might have to pay for state unemployment insurance and state disability insurance, as well. Office expenses: As a consultant, you may be required to buy your own laptop, pay for your own software licenses and buy other office-related supplies. For higher-end services, you may be setting up a complete office and even hire your own secretary and other support staff. Benefits: As a consultant, you will be responsible for your own health insurance, retirement plan and other benefits that an employer would ordinarily provide. Education: Your employer will likely pay for books and magazine subscriptions and send you to seminars, in order to keep your skills current; your client won't. Liability: Consultants face certain liabilities that employees don't, and have to factor the cost of insuring against those risks into their rate. Let's say you're a software developer, and your faulty code causes a nuclear plant's reactor core to overheat and melt down. As an employee, you'll get fired. As a consultant, you will get sued. Even consultants in low-risk fields can easily shell out thousands of dollars per year for a basic general liability policy. Sales & marketing: Don't forget that when your contract ends, you will have expenses associated with finding your next client, including the opportunity cost of not getting paid for your services during that time. All these factors contribute to your overhead, which you have to roll into your consulting rate. You should also add a margin of profit -- after all, as you're in business for yourself, you should be compensated for taking this entrepreneurial risk.   If you're looking for a quick over-the-thumb rule, you can figure that your equivalent consulting rate should be about twice what you would be paid hourly as an employee. Assuming you work 2,000 hours a year, if you would receive a $100,000 salary, your hourly rate should be $100. Of course, this is only a very rough guideline. Ultimately, your rate will mostly be influenced by how established you are and how much your services are in demand."}
{"_id": "525368", "title": "", "text": "\"Colloidal mineral promoters would like you to believe that mineral deficiency is a widespread cause of disease. To counter this alleged problem, they are marketing products said to be water-leached from shale in the Emery Coal Field of central Utah. According to various sales pitches, an ailing cattle rancher named Thomas Jefferson Clark was told about a healing stream by Chief Soaring Eagle, a Paiute medicine man and elder. The miracle waters were well-known to the local natives who supposedly had benefited from them for hundreds of years [1]. Clark drank from them and quickly recovered from his malady. Intrigued, he followed the stream back to its source in organic-rich shales. By 1931, after several years of experiments, he sold his own brand of tonic rich in \"\"colloidal minerals.\"\" As word spread, a minor legend was born. Light Energy Productions has recorded an account of Clark's many adventures [2]. Curiously, according to an article in Self magazine, the present-day Paiutes have never heard of either Chief Soaring Eagle or the renowned healing powers of their ancestral waters [3].  The most notorious colloidal mineral promoter is Joel D. Wallach, DVM, ND, who says that Americans desperately need his minerals. Wallach has a long history of involvement in dubious healthcare schemes, such laetrile treatment for cancer, as well as chelation and hydrogen peroxide therapies for coronary artery disease. He has also hosted an AM radio talk show in San Diego titled \"\"Let's Play Doctor\"\" and briefly plied naturopathy at Kurt Donsbach's Hospital Santa Monica. His widely distributed \"\"Dead Doctors Don't Lie!\"\" audiotape [4] quotes from U.S. Senate Document 264:  [Erosion and unwise farming methods] have led to mineral-depleted soils resulting in mineral-deficient plants, livestock, and people . . . . .the alarming fact is that food now being raised on millions of acres of land that no longer contain enough of certain minerals are starving us -- no matter how much of them we eat. No man of today can eat enough fruits and vegetables to supply his system with the minerals he requires for perfect health because his stomach isn't big enough to hold them. . . . Laboratory tests prove that the fruit, vegetables, grains, eggs, and even the milk and meats of today are not what they were a few generations ago. . . . It is bad news to learn from our leading authorities that 99% of the American people are deficient in these minerals [74th Congress, 2nd Session, 1936].  The cited quotation is genuine, but it did not, as colloidal mineral promoters usually imply, arise from a government research study. In fact, it is merely a reprint of a baseless opinion piece that originally appeared in the June 1936 issue of Cosmopolitan magazine and was placed into the Congressional record by a Florida senator [5]. Most Americans are not slowly starving to death or dying from mineral deficiency.  Some promoters use fraudulent \"\"symptomatology questionnaires\"\" for assessing purported mineral deficiency-related health problems. The test asks more than 1,000 questions about physical and psychological symptoms. As far as I can tell, everyone who takes it will be advised that supplements are needed. The test costs $125 but is free if colloidal minerals are purchased.  At present, five mines [6] in Emery County, Utah supply three main manufacturers [7] with bulk quantities of shale leachate that are repackaged and sold as distinct products by a burgeoning network of multilevel distributors. T.J. Clark &amp; Co.'s Daddy Dearest 1-9/Blackhawk Mine, which started it all in the late 1920s, is the source of \"\"BHI Lifeminerals,\"\" \"\"Toddy,\"\" \"\"Golden Minerals,\"\" and other product lines. The Clark company controls leases totaling approximately 20 acres and has established major overseas distributorships. In an effort to distinguish itself from a host of recent competitors, it downplays its product's shale origins and has coined the term \"\"PolyfloraminTM\"\" (literally \"\"many plant minerals\"\") to describe it. Its main rival, Rockland Corporation's Body Toddy Mine, opened in 1985 and produces products for American Longevity, Body Systems Technology, Source of Health and LifePlus. Rockland currently owns 1,000 acres of shale leases in Emery County and a new production/bottling facility in Tulsa, Oklahoma. Its reserves are estimated to be 320 million metric tons of shale, enough for 950 billion gallons of product. Rockland has no qualms about the source of its products: several color photos of mining operations are prominently displayed on its home page. New Vision International and Nature's Sunshine, have refused to disclose the source of the leachate used in their products.  In all of the operations, the shale (often referred to as \"\"a special ancient rainforest deposit\"\") is mined, crushed, ground to a powder-like consistency, and placed into large stainless steel vats. The vats are then submerged in \"\"cool, contaminant free water at low temperatures.\"\" Many distributors stress these conditions to counter claims that acids, solvents, and high temperatures will ruin the minerals' special properties. Unnamed competitors are routinely accused of using such faster methods in order to force mineral extraction. After 3-4 weeks, during which time water-soluble components of the shale enter into solution, the bitter-tasting leachate is siphoned off, filtered and ready for tonic, capsule, and oral-spray production. Depending upon the filtration process used, a variable amount of insoluble particulate matter suspended in the leachate will pass into the final product. Advertisements state that colloidal supplements contain 75 \"\"minerals.\"\" Actually they are elements occurring in various mineral forms: Ag, Al, As, Au, B, Ba, Be, Bi, Br, C, Ca, Cd, Ce, Cl, Co, Cr, Cs, Dy, Er, Eu, F, Fe, Ga, Gd, Ge, H, Hf, Hg, Ho, I, In, Ir, K, La, Li, Lu, Mg, Mn, Mo, N, Na, Nb, Nd, Ni, O, Os, P, Pb, Pd, Pr, Pt, Re, Rh, Ru, S, Sb, Sc, Se, Si, Sm, Sn, Sr, Ta, Tb, Te, Th, Ti, Tl, Tm, V, W, Y, Yb, Zn, and Zr. Some distributors modify their tonics with flavorings and/or nutritional additives, but most sell them straight and emphasize their \"\"all-natural\"\" quality.\""}
{"_id": "525371", "title": "", "text": "In the United Kingdom, We will pay you cash for your unwanted or old clothes! We pay up to 50p per kilo for clothes, footwear and accessories, all items need to be in a good wearable condition.  Our company recycles clothes and other goods.  All items are graded, sorted and processed in our warehouse and are exported to cash for clothes Bromley. We will buy your used clothing and shoes at the top rate of 50p per kilo as these are the items that are in demand."}
{"_id": "525376", "title": "", "text": "\"He didn't ask them to do those things! They forced him to give them his money!  If I were allowed to opt out of parts of the government, I would. I'll pay the local taxes that build the local roads and I'll pay the tolls to use the larger roads. If you let people compete with the police, I'd opt out of the public police, as well. I'll also gladly pay a subscription for a fire company (as it happens, my fire department *is* private, albeit non-profit, and I *do* pay a subscription).  Your argument is literally \"\"That guy who robbed you spent the money on a bench and you sat on it. So, yaknow, he was justified robbing you.\"\"\""}
{"_id": "525384", "title": "", "text": "*Target - All We Have to Do is Be Better Than Walmart!*  I'm sure having better paid, less miserable employees is good for business. Hopefully other large retailers will follow Target's example. The same strategy seems to have served Costco well."}
{"_id": "525386", "title": "", "text": "You're driving a car worth about $6000 which has a $12,000 loan against it. You're driving around in a nett debt of $6000. The best thing your grandfather could do for you, if possible, is to take your name off both the title and the loan, refinancing the car in his name only. If possible while still letting you drive the car. When he dies, you will be out of a car, but also out of a $12,000 debt which I'm sure you could do without. Okay, the best thing your grandfather could do, from your wallet's point of view, is paying off the loan for you and then taking his name off the title."}
{"_id": "525390", "title": "", "text": "\"A company has 100,000 shares and 100,000 unexercised call options (company issued). Share price and strike price both at $1. What country is this related to?   I ask because, in the US, most people I know associate a \"\"call\"\" option with the instrument that is equivalent to 100 shares.   So 100,000 calls would be 10,000,000 shares, which exceeds the number of shares you're saying the company has.   I don't know if that means you pulled the numbers out of thin air, or whether it means you're thinking of a different type of option? Perhaps you meant incentive stock options meant to be given to employees?  Each one of those is equivalent to a single share.  They just aren't called \"\"call options\"\". In the rest of my answer, I'm going to assume you meant stock options. I assume the fact that these options exist will slow any price increases on the underlying shares due to potential dilution? I don't think the company can just create stock options without creating the underlying shares in the first place.  Said another way, a more likely scenario is that company creates 200,000 shares and agrees to float 50% of them while reserving the other 50% as the pool for incentive employee stock.  They then choose to give the employees options on the stock in the incentive pool, rather than outright grants of the stock, for various reasons.  (One of which is being nice to the employees in regards to taxes since there is no US tax due at grant time if the strike price is the current price of the underlying stock.) An alternative scenario when the company shares are liquidly traded is that the company simply plans to buy back shares from the market in order to give employees their shares when options are exercised.  In this case, the company needs the cash on hand, or cash flow to take money from, to buy those shares at current prices. Anyway, in either case, there is no dilution happening WHEN the options get exercised.  Any dilution happened before or at the time the options were created.   Meaning, the total number of shares in the company was already pre-set at an earlier time.  As a result, the fact that the options exist in themselves will not slow price changes on the stock. However, price changes will be impacted by the total float of shares in the company, or the impact to cash flow if the company has to buy shares to redeem its option commitments.   This is almost the same thing you're asking about, but it is technically different as to timing. If this is the case, can this be factored into any option pricing models like black-scholes? You're including the effect just by considering the total float of shares and net profits from cash flow when doing your modelling.\""}
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{"_id": "525395", "title": "", "text": "Womack Investment Advisers is Edmond's premier financial planning service. Offering a full suite of wealth management services, Womack Investment Advisers has you covered for the strategies you need to grow and protect your investments. Call or stop by the website today!"}
{"_id": "525400", "title": "", "text": "&gt;There's no telling if your inside man would crack during police interviews  A proper robbery would never involve interviews.   &gt;Read Freakonomics, there's no money in drug dealing. Not even to make it worthwhile anyway.  There is if you work for the CIA."}
{"_id": "525404", "title": "", "text": "The concentration of power in the hands of a few unaccountable private individuals is a threat to democracy and the free market. There is no guarantee that future generations of company executives will place consumer and public welfare ahead of profits, and that's assuming the current executive does. It's the same as the argument for democracy \u2013 it's not that there were no benevolent dictators in history, but we prefer to have the means to monitor their performance."}
{"_id": "525418", "title": "", "text": "\"&gt; I hate automated checkout systems.  I have mixed feelings about them.  When they work well, I really do enjoy them.  But some are definitely flaky.  For about 10 items once I had the system stop me and \"\"require assistance\"\" on over half the items.  The guy who kept having to come over and swipe his hard to let me continue just shrugged and said \"\"machines are acting up today.\"\"\""}
{"_id": "525426", "title": "", "text": "Even ignoring the match (which makes it like a non-deductible IRA), the 401k plans that I know all have a range of choices of investment.  Can you find one that is part of the portfolio that you want?  For example, do you want to own some S&P500 index fund?  That must be an option.  If so, do the 401k and make your other investments react to it-reduce the proportion of S&P500 because of it(remember that the values in the 401k are pretax, so only count 60%-70% in asset allocation).  The tax deferral is huge over time.  For starters, you get to invest the 30-40% you would have paid as taxes now.  Yes, you will pay that in taxes on withdrawal, but any return you generate is (60%-70%) yours to keep.  The same happens for your returns."}
{"_id": "525445", "title": "", "text": "It discourages the companies from doing the same stuff in the future.  According to the article, Frontier changed policies as a result.  It also says they only have to pay $600,000 of the fine, since they are also directly compensating the people who were on the flight."}
{"_id": "525446", "title": "", "text": "\"If I recall correctly you get PDF's from there?  Things like this happen when printing to PDF as both the PDF \"\"printer\"\" and the sending program fuss over page size and layout, which can subtly (and not-so-subtly) increase page size, leading to \"\"spill\"\" onto the next page.  Follow that with a hard page break in the source document and your nice eight page doco is now eighteen-and-one-half pages, mostly white space.\""}
{"_id": "525451", "title": "", "text": "I find most ads completely ineffective.   I feel that many of them try to hard to grab my attention without convincing me that: 1) I need their product; and 2) that their product is superior to the competition in terms of value and quality.  Sometimes I watch an ad and am absolutely bewildered because I don't even know what was being advertised. It's as if these marketers think that witty humor and catchy music will convince me to buy some unknown product at an unknown price. And there are some ads that are just poorly placed. There is not a single Arby's or Golden Corral within a 100 mile radius of me yet I see a commercial for one at least 3x a day.  Also I'm guessing I'm not the only millennial with loads of student loan debt that is adverse to spending and does some quick research before making any major purchasing decision."}
{"_id": "525465", "title": "", "text": "People are comfortable buying from Amazon, so starting searches from there rather than google is a no-brainer. Getting people to buy prime means they \u201cneed to use\u201d their prime membership and get free shipping in return also helps people start at Amazon.    Ben Thompson has long talked about this on Stratechery. [His newest analysis of Amazon\u2019s purchase of Whole Foods is really interesting](https://stratechery.com/2017/amazons-new-customer/)."}
{"_id": "525478", "title": "", "text": "\"In the US there are a few different schemes, namely Regulated and Unregulated. In Regulated states (e.g. Colorado) everything except for some of the generators are owned by one company (called a Vertically Integrated Utility) and that company is allowed a specific return on its investment rates being set by a formula that includes the utility's fixed costs, the variable &amp; fuel costs, and this return. In Unregulated markets (like Texas) the generators, transmission system, load serving entities (aka distributors), and retailers are all separate (although sometimes the same company owns parts at various levels). The transmission and load serving entities function like the traditional utilities I described above but ratepayers can choose their own retailer and the retailers then buy energy from the generators.   Here is a good video about how the US energy market works: https://www.youtube.com/watch?v=rJAPHFGAgRw  To answer the \"\"robustness\"\" question; I think the answer is actually that, in most cases, the \"\"wires\"\" costs for US customers is lower due to the higher density and compactness of the various power systems in the US. In the NEM (the primary energy market in Australia) there are SIGNIFICANT distances between loads and the larger generators and there are overall fewer customers per mile of line. Other than that the system (both electrically and from a market design standpoint) is generally based on the US system (PJM specifically).  The other big difference is that Australia does not have a single grid like the US does (US has 3 interconnects but is one big grid).\""}
{"_id": "525483", "title": "", "text": "It take 10 years or more to build a nuclear plant then 20 - 30 years after that to break even on cost. By that time, 2047, solar *(+ storage) will be so cheap  the plant would have gone bankrupt a decade earlier. The right time to build more nuclear power plants was 20 years ago."}
{"_id": "525493", "title": "", "text": "It's the federal government that is blocking progress on this:  &gt; [The federal government regards marijuana as an illegal drug; it is classified by the Drug Enforcement Administration as a controlled substance with no accepted medical use, on par with heroin. Banks are regulated by the feds; most will not touch cannabis cash. \\(Neither will most armored car companies.\\) &gt; ](http://www.latimes.com/local/abcarian/la-me-abcarian-cannabis-cash-20170129-story.html)  At any rate, I don't necessarily see Las Vegas' marijuana reputation becoming anything near that of Amsterdam's. Marijuana is tolerated and sold openly specifically in Amsterdam (laws vary elsewhere in the Netherlands as far as I know), whereas many states in the USA have legalized marijuana and more will continue to do so. Rather than tourists who go to Europe picking Amsterdam for marijuana, tourists coming to the USA might pick Boston, Seattle, Las Vegas, San Francisco, Portland, etc.."}
{"_id": "525527", "title": "", "text": "\"There is no unique identifier that exists to identify specific shares of a stock. Just like money in the bank, there is no real reason to identify which exact dollar bills belong to me or you, so long as there is a record that I own X bills and I can access them when I want. (Of course, unlike banks, there is still a 1:1 relationship between the amount I should own and the amount they actually hold). If I may reach a bit, the question that I assume you are asking is how are shared actually tracked, transferred, and recorded so that I know for certain that I traded you 20 Microsoft shares yesterday and they are now officially yours, given that it's all digital. While you can technically try and request a physical share certificate, it's very cumbersome to handle and transfer in that form.  Ownership of shares themselves are tracked for brokerage firms (in the case of retail trading, which I assume is the context of this question as we're discussion personal finance). Your broker has a record of how many shares of X, Y, and Z you own, when you bought each share and for how much, and while you are the beneficial owner of record (you get dividends, voting rights, etc.) your brokerage is the one who is \"\"holding\"\" the shares. When you buy or sell a stock and you are matched with a counterparty (the process of which is beyond the scope of this question) then a process of settlement comes into play. In the US, settlement takes 3 working days to process, and technically ownership does not transfer until the 3rd day after the trade is made, though things like margin accounts will allow you to effectively act as if you own the shares immediately after a buy/sell order is filled. Settlement in the US is done by a sole source, the Depository Trust & Clearing Corporation (DTCC). This is where retail and institutional trade all go to be sorted, checked and confirmed, and ultimately returned to the safekeeping of their new owners' representatives (your brokerage). Interestingly, the DTCC is also the central custodian for shares both physical and virtual, and that is where the shares of stock ultimately reside.\""}
{"_id": "525557", "title": "", "text": "Pay off your car loan. Here is why: As you mentioned, the interest on your home mortgage is tax deductible. This may not completely offset the difference in interest between your two loans, but it makes them much closer.  Once your car debt is gone, you have eliminated a payment from your life. Now, here's the trick: take the money that you had been paying on your car debt, and set it aside for your next car. When the time comes to replace your car, you'll be able to pay cash for your car, which has several advantages."}
{"_id": "525567", "title": "", "text": "&gt;while it\u2019s still probably too soon to talk about a tablet market separate from the iPad market  I'm really tired of statements like this.  It's absolutely absurd.  Tablet market share is 60% IOS, 40% Android. Phone market share is 60% Android, 20% IOS, 20% everyone else.  Pretending that the iPad is the only thing that matters in the tablet market is like pretending that the iPhone is irrelevant in the phone market."}
{"_id": "525576", "title": "", "text": "There are quite a few ways; each has its own pro's and con's SWIFT: Fast reliable payment. Higher Charges. If payments are large and routine the charges can be less Remittance Service: Ideal for person to person transfer. Can be used by Companies to transfer to Individuals. Less Faster compared to SWIFT. Quite Cheaper compared to SWIFT Check's: Long time is getting it cleared in India. Typically around month. Quite Cheap. Almost NIL charges."}
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{"_id": "525578", "title": "", "text": "Mutual funds generally have a minimum amount you must start with to own any of the fund. For Vanguard funds, they have a $1,000 minimum for certain target date funds and $3,000 for most everything else. What you would do is open an account at Vanguard (or other brokerage that handles Vanguard funds) and send them a check for $3,000. After it clears you can specify which fund you want it to go into and it buys what the price at end of day was divided into your account balance number of shares. Fractional share are fine and your balance will not usually be an even number of shares. Most brokerages will let you set up an automatic transfer where some amount out of your paycheck is put into your account each pay period. You can specify which of the funds you own it goes into. Once you've got the minimum to be in the fund you can add whatever amount you like each month."}
{"_id": "525590", "title": "", "text": "As others have posted, the company gains capital in return for its new shares. However, the share price can still fall. The problem is that the share marked is affected by supply and demand like any other marked.  If the company just issues the new shares at marked price, they will have problems finding buyers.  The people who are willing to pay that price has already bought as many shares as they want. The company does this to raise capital, and depends on the shares actually selling for this to work.  So, they issue shares at below marked price to attract buyers and the shares get diluted.  In the end the share will usually end up somewhere between the old marked price and the issue price. The old share owners are probably not too happy about this and will not accept this plan. (At least here in Norway, share issue has to be accepted at a shareholder meeting) So, what is often done instead is to issue buy options for the required number of shares at the below-marked price.  These options are given (for free) to the current share holders proportional to their current holding. If everybody exercises their options they get new cheap shares that compensates for the loss of share value.  If they don't have the capital themselves, they can sell the options and get compensation that way instead."}
{"_id": "525603", "title": "", "text": "\"When you place a limit sell order of $10.00 (for a stock on an option) you are adding your order to the book.  Anyone who places a buy at-the-market or with a limit price over $10.00 will have that order immediately fulfilled through the offer you have placed on the book. On the other hand, if that other person places a buy for $8.00, then the spread will now be \"\"$8.00 bid, $10.00 ask\"\". Priority is based on first the price (all $9.99 asks will clear before $10.00) and within each bucket this is based on the time your order was submitted. This is why in bidding markets (including eBay) buying at $x.01 is way better than $x.00 and selling at $x.99 is better than $(x+1).00. Source: https://en.wikipedia.org/wiki/Order_(exchange) under \"\"first-come-first-served\"\"\""}
{"_id": "525630", "title": "", "text": "I'm not as concerned, no, precisely because you can't discharge that debt with bankruptcy. That's why lenders demanded that. I also think that when borrowers are held accountable for the economic consequences of their actions, they make better decisions on balance."}
{"_id": "525645", "title": "", "text": "HCE is defined as being above 120k$ or in the top 20 % of the company. The exact cutoff point might be different for each company. Typically, only the base salary is considered for that, but it's the company's (and 401(k)-plan's) decision. The IRS does not require HCE treatment; the IRS requires that 401(k) plans have a 'fair' distribution of usage between all employees. Very often, employees with lower income save (over-proportionally) less in their 401(k), and there is a line where the 401(k) plan is no longer acceptable to the IRS. HCE is a way for companies to ensure this forced balance; by limiting the amount of 401(k) savings for HCE, the companies ensure that the share of all contributions by below-HCE is appropriate. They will calculate/define the HCE cutoff point so that the required distribution is surely achieved. One of the consequences is that when you move over the HCE cutoff point, you can suddenly save a lot less in your 401(k). Nothing can be done about that. See this IRS page: https://www.irs.gov/retirement-plans/plan-participant-employee/definitions Highly Compensated Employee - An individual who: Owned more than 5% of   the interest in the business at any time during the year or the   preceding year, regardless of how much compensation that person earned   or received, or For the preceding year, received compensation from the   business of more than $115,000 (if the preceding year is 2014;   $120,000 if the preceding year is 2015 or 2016), and, if the employer   so chooses, was in the top 20% of employees when ranked by   compensation."}
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{"_id": "525685", "title": "", "text": "\"Everything I have read here sounds good except for one small detail.  My bank does indeed identify ATM rebates as taxable income.  They, in fact, seemed to have begun this practice several years ago but somehow forgot to send 1099's to their own customers despite sending them to the IRS.  This ended up costing me nearly $2,000 in back taxes to cover 2012, 2013 and 2014.  My bank sent a letter of apology and will cover any penalties and interest accrued \"\"due to their error\"\". No one from the bank ever told me that these rebates could be taxable when I signed on for this special checking account for which I pay a fee each month to continue.  So what is the truth, is it taxable income or not?  I have now paid for the 2012 and 2013 tax years for something I still say is not income.  I am about to pay the 2014 tax bill and will have to pay another $850 or so due to this ruling by my bank.  How can this be right??\""}
{"_id": "525687", "title": "", "text": "Honest question: do you live your life based on a historical book that ultimately had humans penning it?    If so, how does it impact your daily life and do you ever think that outsourcing your opinions and world views to those held by people thousands of years in our past is relevant in this day and age?"}
{"_id": "525693", "title": "", "text": "I treat the concept of emergency funds as a series of financial buffers. One layer is that I have various credit cards with a small positive balance, that I can max out in an emergency should I go broke and not be in employment (those have saved me once or twice) My final level of emergency funds, is kept at home in the form of cash, I've never needed it, but it protects against getting locked out of the financial system (I lose my debit cards, banking system freezes all withdrawals, zombie invasion). It also doubles as my destitution fund, as if all else fails I still have raw cash to buy food and thus I won't starve (at least for a few months)."}
{"_id": "525717", "title": "", "text": "\"The Bank of Canada does not \"\"set\"\" the interest rates. They auction government debt, and then report what the average yield/interest rate was (rounded to 25 basis points). [The average yield of yesterday's auction of 3-month Treasury bills was 0.76%](http://www.bankofcanada.ca/rates/interest-rates/t-bill-yields/).  I don't know why the news tries to interpret what the BOC \"\"is trying to say\"\". BOC isn't saying anything - just reporting what happened, with some filler words.\""}
{"_id": "525721", "title": "", "text": "We all have a concept of costs.  We have all said F that I am not paying $2.00 for a candy bar, but I'll pay that for that ice cream bar, only because we are used to paying $2.00 for an ice cream, but not $1.50 for a candy bar.   Business owners are the same.   I'll throw in my very limited knowledge of roofing.     Looked into doing it myself.  Could have had my roofing supplies delivered to my roof for about $1800, but didn't have the insurance so I got four bids to do my roof.  $6200, $6400, $9100 and $17,000.   Four guys showed up to my house and it was done in a  day.     Now I am a business owner.   I get that there is insurance, advertising, trucks, accounting, bookkeeping, etc.  But if you are talking about roofers.   4 guys x 8 hours= 32 man hours.   If you increase wages by $5.00 an hour that is $160.00.  Gotta think that being able to get a $6000 job even if it costs $160 more, is an acceptable cost. Even an additional $10 an hour is acceptable."}
{"_id": "525752", "title": "", "text": "ITT: People who didn't read the article.  This has nothing to do with battery longevity, it removes a software lock that intentionally reduces the amount of battery the car will use despite shipping with the same battery pack in the longer range model."}
{"_id": "525778", "title": "", "text": "Many people think money velocity is the most important thing in the economy that is why war is *good* for the economy.  But during WWII the USA and all others countries had rationing.  The whole reason to have a better economy is so we can live better lives; not to put rationed on but we can buy.  After WWII where peoples lives better?  No we(US) had 418,500 dead, many wounded and many years of rationing.  Same apples to Hurricane Harvey families had homes and jobs.  Now they have nothing.  Just because they are spending retirement fund on rebuilding doesn't mean their lives are better.    So yes there is more velocity in money in where Hurricane Harvey hit.  But it is happening for the wrong reasons."}
{"_id": "525780", "title": "", "text": "Okay i see where we might be confusing each other. In absolute dollar terms the employee might make more working for themselves, but money is not the only factor that goes into choosing a job. If the worker can make $600/week working for themselves and $500 doing the same job a company. They may value the benefits of not worrying about running their own business, or the extra free time like you said, as being worth more than that $100. They are still choosing the option that they value highest to themselves, whichever it may be. I didnt insinuate that the company is giving the employee some sort of gift in hiring them. They are just offering the employee the best possible option of the employee's other choices. If it wasnt the best option for the worker then they logically should not select that option."}
{"_id": "525789", "title": "", "text": "&gt; It would be so far and away more valuable to Amazon to prevent a shopper at a competitor from seeing that they could get the same product for 30% less on Amazon ...  I don't think you said what you wanted to say."}
{"_id": "525793", "title": "", "text": "Saftey is and always will be an issue in heavy industry i know this because i work in the industry. But to suggest that mj is more of a risk than booze and prescription drugs is just flat out wrong. The effects of thc last far shorter than any other of those substances and have no residual effects like alcohol does yet its treated far more serious than  those substances. This is a monumental issue our nation is dealing with right now because of numerous years of damaging marijuana polices and blantat misinformation."}
{"_id": "525803", "title": "", "text": "\"Some years ago I was in a similar situation with a CAD cheque. I did not experience any reservation period of months. Within Canada, around a week was usual, and as far as I remember that was the case also for the cheque deposited to the EUR account.  You could ask your bank whether a certified cheque (has to be done at the \"\"home\"\" bank of the sender) will have the same reservation period and what the processing time will be anyways.  I found a large variation of the (large) fees for cashing foreign cheques. It may be worth asking a few different banks for their conditions (both fees and duration for the whole process).\""}
{"_id": "525813", "title": "", "text": "I have no way of knowing whether you are talking out of your ass or speaking the truth. And if all you can say is 'go read some books' I remain without a way of confirming any of this.  But thanks for letting me know your thoughts I guess?  &gt;Why would universal corporate finance principles not apply to large cap tech?   I don't even know what principles you're referring to, so i'm not in a position to argue against them. Nor am I in a position to accept them because you said so."}
{"_id": "525827", "title": "", "text": "It is so easy to get money in the developed world. Why anyone would want to borrow money from a P2P lending site if a traditional bank/credit union is so readily available on similar terms? Something like Kiva makes more sense to me, since getting money is a much more difficult proposition in the developing world. I'd see it as more as a charitable contribution than a money-making scheme."}
{"_id": "525847", "title": "", "text": "&gt;I remember the articles years ago about working conditions at Amazon, but ive not seen anything to prove those accusations, and ive seen plenty to convince me they either are no longer valid, or they never were in the first place  I guess all those articles must have just be false then. I'm surprised Amazon does sue for libel because they were not very favorable toward Amazon."}
{"_id": "525851", "title": "", "text": "\"Probably she asked for some kind of registered delivery, someone asked her, \"\"what are the contents worth?\"\", in order to get a number to put into the insurance calculator, and she said \"\"$60000\"\". If that's true, meaning that if the letter goes astray, you can't get a new one issued, then yes you should insure it to the value of $60000 (or rather, since the insurance is so much, you should not post it at all. Your girlfriend could perhaps return it to her client and agree with them another way to transfer money). I'm also not sure what happens when a letter hits US customs with a declared value of $60000! However, it's probably not true. This is a check (or, if drawn on a bank here in the UK, a cheque), not a bearer bond. If it goes missing then (with some trouble and expense) she can almost certainly get another one issued. So the correct answer to \"\"what's this worth?\"\" is the cost of replacing it, not the amount of money that it instructs the bank to transfer. As for whether it'll cause a red flag for you, I'm afraid I don't know enough about US banking to say. Here in the UK there should be no problem with a cheque for that amount, unless one of the banks involved has reason to suspect money laundering or related financial crime, in which case they're required to report it. But if the cheque is from a non-US account and you're paying it into your US account, then maybe you need to make a customs declaration?\""}
{"_id": "525888", "title": "", "text": "In my house we use Roku for 80% of our viewing. The other 20% is for sports. Last night we watched sports on Roku via Amazon Prime. I don't know anything about the financials of Roku yet, but I know that our viewing habits are changing."}
{"_id": "525905", "title": "", "text": "The typical answer would be to write a business plan. But really the first step should be to jot your thoughts down as much as possible. Think about the idea, your customers, vendors, accounting, marketing, everything. Then you'll know which step(s) to take next."}
{"_id": "525929", "title": "", "text": "It all depends on the liquidity of your investments some examples: You can mitigate only the risk that you can control. It is always good to have:"}
{"_id": "525932", "title": "", "text": "I'm trying to understand how many different ways my 401k, IRA, ETF holdings get whacked along the way by fees, commissions, whatever other means.    Does anyone have a diagram of how the various players along the way get paid for the various product I (and an institution for that matter) buy?"}
{"_id": "525959", "title": "", "text": "When you sell the spec home, you will owe taxes on the sales price minus the cost of the home, including the land, materials, paid labor, and other expenses. The fact that you pay for this with with the inheritance in the money market account won't affect the taxes you owe when you sell the spec house."}
{"_id": "525967", "title": "", "text": "Investigate the statute of limitations in your area.  15 years sounds like in most places it is past the allowable time a debt collector can legally collect or report it on your credit report. The statute of limitations means you still owe the debt, but they collector can no longer use the court system to collect it from you.  They can file a lawsuit, they will just lose.  Please read up on how to handle yourself with a debt that is past the SoL, so that you don't accidentally reset the clock. What I don't know for sure is how that applies to a business, and I cannot remember ever hearing a difference between personal vs business debt, but it is best to consult a lawyer regarding it. References:"}
{"_id": "525977", "title": "", "text": "Seems like this was a tough situation, but Dave Brandon has not had success recently. Dominoes straight up apologized for what their product became with him leading, he got ousted from UM Athletics because the ticket prices crashed and students were revolting, and now this. Doesn't look like a good few years for him from where I'm sitting."}
{"_id": "525978", "title": "", "text": "You are correct,  Chipotle is not by any Hispanic areas, it's pretty much located in mainly white dominated areas. ...Frontera is the other restaurant that Rick Bayless owns, and it is good,  but it has nothing on Xoco. ....definitely a must try next time you are in Chicago. Chicago does have the best food in America, after that I feel Minneapolis is a close second.  I would also imagine the Latinos you see are american and that's why they go to Chipotle.  Where in Chicago you have more of a foreign and 1st generation Hispanic population."}
{"_id": "526015", "title": "", "text": "The Motley Fool's How to Invest How To Invest Benjamin Graham's The Intelligent Investor The Intelligent Investor If you like The Intelligent Investor then try Benjamin's Security Analysis.  But that one is not a beginner book."}
{"_id": "526016", "title": "", "text": "\"I was there a couple weeks ago minding my own business and this short little overweight lady waddled up to me and asked for help. (Which I'm used to, I'm [tall](/r/tall). *\"\"Can you reach that for me?\"\"* and the like.)   But this was a Walmart employee picking an order for an online customer. She had a regular shopping cart and was trying to load a *heavy* \"\"wooden\"\" entertainment center in the cart. I was trying to be the nice human that I usually am and help, but it was all I could do to muscle this thing in the cart. She needed a flatbed cart.    (But oh what a delicious payday that would've been if a customer had hurt himself loading an order at the request of a paid Walmart employee! :eyeroll:)\""}
{"_id": "526017", "title": "", "text": "The US will be a third world country, full of uneducated, climate change denying, racist, debtors; who still think coal is a viable resource. Just watch as China slowly shifts its trade from heading over the pacific, to heading west towards places like India and Russia. As the US under the Trump administration is refusing to move forward in transitioning into clean and renewable energy sources, we are leaving the window open for china to become the dominant world power."}
{"_id": "526039", "title": "", "text": "It looks like a lot of different industry/sector overview reports from various investment banks or other research providers. A lot of people on here don't have access to their portals and aren't used to coming across research like this. The organized nature of this makes it pretty convenient."}
{"_id": "526056", "title": "", "text": "Hedge fund idea: Cynic Capital   1. Create unclever, mostly-passive funds consisting of a sufficiently diverse array of holdings with historically* low volatility  2. Lever the shit out of it  3. Market it with excessive jargon to impress laymen   4. Attract investors with more money than sense  5. Make it up as you go along until you can hire actually smart, creative people down the road and pray that the market doesn't correct in the meantime  Yeah it's stupid but why wouldn't it work?    Furthermore, is this not basically what some hedge funds have done in the past?      ^(*past performance not guaranteeing future performance yada yada yada)"}
{"_id": "526062", "title": "", "text": "\"While I agree with you (I wouldn't buy Facebook above $15), hence my term \"\"suckers\"\" when referring to people who bought into Facebook's IPO - I still think there should be some kind of rule in place that an IPO has to reflect a companies actual value. The IPO price of $38  meant that Facebook's P/E ratio was 104x which is absurd for an IPO.\""}
{"_id": "526073", "title": "", "text": "Publicly traded companies perform dilution via an FPO (Follow-up Public Offer). It is a process similar to IPO, with announcements, prospectus, etc. You will know ahead of time when that happen. Stocks traded OTC are not required to file a lot of regulatory documents that publicly traded stocks are required to file, and may not disclose dilutions or additional issues. By buying OTC you agree to these terms. You will probably get a notice and a chance to vote on that in your proxy statement, but that happens when you already own the stock."}
{"_id": "526094", "title": "", "text": "Russia main reserve is Euro, Gold and Yuan. They have dumped good sums of dollar since way back. The rest of oil buyers would gladly pay russians in whatever currency they want, specially if it is non dollar. Cheap oil on cheaper currency?  Who doesn't want that?  The chinese pay their oil in Yuan. Russian gladly takes Yuan, since its the most liquid currency in pacific, not to mention china is their no.1 trading partner."}
{"_id": "526096", "title": "", "text": "I think Joe is right, it seems that you will get the car once grandpa passes.  It clearly states that on the DMV page. I would work like crazy to get this car paid off ASAP.  Work extra and see if you can get it paid off in less than a year.  Once paid off, have grandpa sign it over to you.   This is a really toxic situation that you can reduce somewhat by having the car in your name only.  Learn from this:  have a will and keep it up to date.  There is going to be a lot of fighting over the assets that grandpa leaves behind.  You don't want that to be your legacy, and you don't want to tarnish your grandfathers memory by participating in such nonsense. My concern is why you have such poor credit.  Understand that poor credit is a choice of behavior and there is no one to blame but yourself.  I would recommend to stop borrowing completely until this car is paid off and all of your obligations are paid back (that is if you have items that are in collections).  No vacations, no eating out, etc... Work don't spend."}
{"_id": "526106", "title": "", "text": "\"It is called \"\"Credit card installments\"\" or \"\"Equal pay installments\"\", and I am not aware of them being widely used in the USA. While in other countries they are supported by banks directly (right?), in US you may find this option only in some big stores like home improvement stores, car dealerships, cell phone operators (so that you can buy a new phone) etc. Some stores allow 0% financing for, say, 12 months which is not exactly the same as installments but close, if you have discipline to pay $250 each month and not wait for 12 months to end. Splitting the big payment in parts means that the seller gets money in parts as well, and it adds risks of customer default, introduces debt collection possibility etc. That's why it's usually up to the merchants to support it - bank does not care in this case, from the bank point of view the store just charges the same card another $250 every month. In other countries banks support this option directly, I think, taking over or dividing the risk with the merchants. This has not happened in US. There is a company SplitIt which automates installments if stores want to support it but again, it means stores need to agree to it. Here is a simple article describing how credit cards work: https://www.usbank.com/credit-cards/how-credit-cards-work.html In general, if you move to US, you are unlikely to be able to get a regular credit card because you will not have any \"\"credit history\"\" which is a system designed to track each customer ability to get & pay off debt. The easiest way to build the history - request \"\"secured credit card\"\", which means you have to give the bank money up front and then they will give you a credit card with a credit limit equal to that amount. It's like a \"\"practice credit card\"\". You use it for 6-12 months and the bank will report your usage to credit bureaus, establishing your \"\"credit score\"\". After that you should be able to get your money back and convert your secured card into a regular credit card. Credit history can be also built by paying rent and utilities but that requires companies who collect money to report the payments to credit bureaus and very few do that. As anything else in US, there are some businesses which help to solve this problem for extra money.\""}
{"_id": "526110", "title": "", "text": "Book value = sell all assets and liquidate company . Then it's the value of company on book. Price = the value at which it's share gets bought or sold between investors.  If price to book value is less than one, it shows that an 100$ book value company is being traded at 99$ or below. At cheaper than actually theoretical price. Now say a company has a production plant . Situated at the most costliest real estate . Yet the company's valuation is based upon what it produces, how much orders it has etc while real estate value upon which plant is built stays in book while real investors don't take that into account (to an extend). A construction company might own a huge real estate inventory. However it might not be having enough cash flow to sustain monthly expense. In this scenario , for survival,i the company might have to sell its real estate at discount. And market investors are fox who  could smell trouble and bring price way below the book value  Hope it helps"}
{"_id": "526114", "title": "", "text": "My own simple answer is that it will affect and reduce productivity (e.g. Zimbabwe). it will also cause inflation which mean that no one will want to work for production again."}
{"_id": "526115", "title": "", "text": "The mathematical answer is for you to have a diversified portfolio in your ISA.  But that's easier said than done."}
{"_id": "526139", "title": "", "text": "This is good and bad. Good because flex time policies are taking over and workers aren't being punished for being 15 minutes late in the morning. Bad because it's also eroding the 40-hour work week, and leading to an environment where workers are expected to always be on in some capacity. This means blackberry at the dinner table and answering emails before bed."}
{"_id": "526151", "title": "", "text": "Having fun alone is hardly fun! Best fun to be had is with friends. Looking for a way to pass time and share awesome fun? Getting together is one sure place to start. Make sure not to forget your cameras and even camcorders for capturing those enduring moments. Visit us at: http://bestthingstodoforfree.wordpress.com/things-to-do-with-friends/"}
{"_id": "526155", "title": "", "text": "There are circumstances that exist that didn't come from you but allowed you to be successful.  You ought to be able to recognize those circumstances and not work to destroy those same things that enabled your success just because now you've made it.  Ie, a healthy economy, a healthy society, amongst other things."}
{"_id": "526156", "title": "", "text": "But maybe smaller shops are able to offer something else to differentiate, to make up for their inability to match Amazon's return policy? For example, maybe it lets them charge less or provide custom goods.  Amazon is taking away that avenue for differentiation. I get Amazon's point: they want to provide a consistent experience. But it's pretty convenient in that it hurts smaller sellers more than bigger sellers and Amazon is the biggest seller of all."}
{"_id": "526158", "title": "", "text": "For the first four months of the year, when you were an employee, the health insurance premiums were paid for with pre-tax money.  When you receive your W-2 at the end of the year, the amount in Box 1 of the W-2 will be reduced by the amount you paid for health insurance.  You can't deduct it on your tax return because it has already been deducted for you. Now that you are a 1099 independent contractor, you are self-employed and eligible for the self-employed health insurance deduction.  However, as you noted, the COBRA premiums are likely not eligible for this deduction, because the policy is in your old employer's name.  See this question for details, but keep in mind that there are conflicting answers on that question."}
{"_id": "526159", "title": "", "text": "Good question, very well asked! The key here is that you need to find a solution that works for you two without an overt amount of effort.  So in a sense it is somewhat behavior driven, but it is also technology driven.   My wife and I use spreadsheets for both checking account management and budgeting.  A key time saver is that we have a template sheet that gets copied and pasted, then modified for the current month.  Typically 90% of the stuff is the same and each month requires very little modification.  This is one of my problems with EveryDollar.  I have to enter everything each and every month. We also have separate checking accounts and responsibility for different areas of the family expenses.  Doing this risks that we act as roommates, but we both clearly understand the money in one persons account equally belongs to the other and during hard times had to make up for shortfalls on the part of the other. Also we use cash for groceries, eating out, and other day to day expenses.  So we don't have a great need to track expenses or enter transactions. That is what works for us, and it takes us very little time to manage our money.  The budget meeting normally lasts less than a half hour and that includes goal tracking. We kind of live by the 80/20 principle.  We don't see a value in tracking where every dime went.  We see more value in setting and meeting larger financial goals like contributing X amount to retirement and things of that nature.  If we overspent a bit at Walgreens who cares provided the larger goals are meant and we do not incur debt."}
{"_id": "526169", "title": "", "text": "\"Loans do not carry an \"\"interest balance\"\". You can not pay off \"\"all the interest\"\". The only way to reduce the interest to zero is to pay off the loan. Otherwise, the interest due each month is some percentage of the outstanding principal. Think of it from the bank's perspective: they've invested some amount of money in you, and they expect a return on that investment in the form of interest. If you somehow paid in 16 years all the interest the bank expected to receive in 30 years, you've been scammed.\""}
{"_id": "526187", "title": "", "text": "&gt; that they do have a growing monopoly  Uh in what industry? Monpoly has to be one of the most miss used terms of all time.  9 times out of 10, you really mean oligopoly. There are almost no industries with only one player, other than government granted monopolies."}
{"_id": "526224", "title": "", "text": "Sovereign Inn is Australian owned and operated a chain of motels which offers its clients the best possible services by creating an at home experience. The hotel is also an ideal wedding destination if you want to make your wedding and honeymoon extra special. Contact at: 02-6452-1366"}
{"_id": "526235", "title": "", "text": "\"Always use limit orders never market orders. Period. Do that and you will always pay what you said you would when the transaction goes through. Whichever broker you use is not going to \"\"negotiate\"\" for the best price on your trade if you choose a market order.  Their job is to fill that order so they will always buy it for more than market and sell it for less to ensure the order goes through. It is not even a factor when choosing between TradeKing and Scottrade. I use Trade King and my friend uses ScottTrade.  Besides the transaction fee (TK is a few $$ cheaper), the only other things to consider are the tools and research (and customer service if you need it) that each site offers. I went with TK and the lower transaction fee since tools and research can be had from other sources. I basically only use it when I want to make a trade since I don't find the tools particularly useful and I never take an analyst's opinion of a stock at face value anyway since everybody always has their own agenda.\""}
{"_id": "526237", "title": "", "text": "209,000 plus 15,000 in upward revisions for may and June. The unemployment rate is down 1.1% from a year ago and 3.8% from it's peak. Long term unemployed down 1.1 million from a year ago. Marginally attached workers down from a year ago. Average hourly wage up slightly... There will always be those who can parse bad news out of any jobs report but it is starting to look like no republican will want to talk about the economy in a few months."}
{"_id": "526259", "title": "", "text": "Good question, here are some possible answers: Its a Good Idea There is probably some validity to the statictics and having money invested, generally speaking, has proven far more valuable than having it sit in a savings account. It tends to reinforce strength Suppose you own two stocks, one that is a great performer, and one that isn't.  Generally speaking the high performer will pay out more, and if you reinvest more into that stock, you will be wealthier if you contributed equally to both stocks. You might forget People tend to forget to do things that are not in the forefront, and reinvestment is one of those things that slip people's mind.  One of the wealth building tools that people universally recommend is automation.  Reinvesting is a way to automate one aspect of one's financial life.   You might spend it on something else If you put the dividends into your checking account, there is a non-zero chance that it might get put towards something else.  Better to have it out of sight and mind and invested. They make money Generally speaking, the more money you have in a brokerage account, the more the brokerage makes.   So it is good for them, as well as yourself. While there is some attraction to being able to see a balance that is the result of dividend investments, its just far better to have them be poured right back into whatever investment seem appropriate."}
{"_id": "526260", "title": "", "text": "Brokerages are supposed to keep your money separate from theirs. So, even if they fail as a company, your money and investments are still there, and can be transferred to another brokerage. It doesn't matter if it's an IRA or taxable account.  Of course, as is the case with MF Global, if illegally take their client's money (i.e., steal), it may be a different story. In such cases, SIPC covers up to $500K, of which $250K can be cash, as JoeTaxpayer said.  You may be interested in the following news item from the SEC. It's about some proposed changes, but to frame the proposal they lay out the way it is now: http://www.sec.gov/news/press/2011/2011-128.htm The most relevant quote:   The Customer Protection Rule (Rule 15c3-3).   This SEC rule requires a   broker-dealer to segregate customer securities and cash from the   firm\u2019s proprietary business activities. If the broker-dealer fails,   these customer assets should be readily available to be returned to   customers."}
{"_id": "526268", "title": "", "text": "&gt;When people take a high-stress, high paying job they sometimes say they'll do it for a few years for the cash and then quit, but that quite often doesn't happen.  So do they keep doing it for years and years, or quit early?"}
{"_id": "526270", "title": "", "text": "&gt;And a lot of people that have communist party wealth are afraid that there will be an uprising against them so they are preparing escape plans.  My guess would be more along these lines (albeit maybe a bit less dramatic).  There were a lot of dubious things that Party members did over the past hundred years to stash away cash for themselves.  Siphoning off public resources, investing with them, and as long as the investments made money, keeping the results, for example, played a significant role in some of the complaints that farmers had about local officials.  If they keep money in China, and there's some sort of fallout or charges that go through, my guess is that it's a lot easier to seize a corrupt official's resources.  On the other hand, if you just bought a bunch of land in the US...that's a lot less easily-seizable and harder to immediately get ahold of for Chinese officials.  There's also the more legit possibility that China quite arguably has a real estate bubble in investable real estate, and the result is that if you want to invest in land and reduce your risk to a bubble deflating, you want to do so overseas."}
{"_id": "526271", "title": "", "text": "Rather than rolling the 401(k) to a new employer's plan, you should roll it into a traditional IRA.  You get more options for the money, there's no limit on how much you can roll over, and you have more control over the money.  If you do a direct rollover, there's no taxes or penalties involved. I'd recommend against taking any money out of the 401(k).  With the numbers you give above, it's like borrowing money at 31.5% interest, which is pretty high, and you're sacrificing your future retirement.  If you leave that money alone to grow with compounding, you'll have a lot more when you retire.  If you're not familiar with the concept of compound interest, it's worth reading up on - the numbers will blow you away. At the very least, if you desperately need to get $3000 out of it, take out just enough to net $3000 after taxes and penalties (not quite $4400 using the numbers you give) and do a rollover with the rest.  At least that way, you're keeping more in the IRA (just over $8600, vs the $5000 in your proposed scenario). Overall, I really recommend you find a way to accomplish your goals without touching your retirement savings."}
{"_id": "526283", "title": "", "text": "\"Remind him that, over the long-term, investing in safe-only assets may actually be more risky than investing in stocks. Over the long-term, stocks have always outperformed almost every other asset class, and they are a rather inflation-proof investment. Dollars are not \"\"safe\"\"; due to inflation, currency exchange, etc., they have some volatility just like everything else.\""}
{"_id": "526286", "title": "", "text": "That's probably the most healthy way to run a workplace I've ever seen -- and it shows.   Valve's employees are very happy, motivated, and loyal to the company. Valve consistently turns out high-quality products for not much more resources than their competitors. Valve is an innovator in their industry, and customers absolutely love Valve to death."}
{"_id": "526316", "title": "", "text": "As of half a year ago, the user base was down to the single digit millions, and I would guess it's even smaller now, since they shut down the protocol used by some third party clients earlier this year."}
{"_id": "526326", "title": "", "text": "\"A financial panic is in my mind would be the opposite of a bubble. A bubble is irrational exuberance -- uncontrolled exhilaration. People will ignore anything negative and exclusively focus on the positive. People are focused on investments that offer huge returns in a short timeframe. If you recall 1999, there were books published about the Dow being at 30,000 by 2010. A panic is the direct opposite -- people are irrationally fearful. Any negative news is focused on exclusively, and positive things ignored. People are focused on preserving wealth and by pursing \"\"safety\"\". Today, you turn on the radio and people are advertising canned food and gold coins.\""}
{"_id": "526329", "title": "", "text": "\"MD-Tech answered: The answer is in your question: derivatives are contracts so are enforced in the same way as any other contract.  If the counterparty refuses to pay immediately they will, in the first instance be billed by any intermediary (Prime Broker etc.) that facilitated the contract. If they still refuse to pay the contract may stipulate that a broker can \"\"net off\"\" any outstanding payments against it or pay out using deposited cash or posted margins. The contract will usually include the broker as an interested party and so they can, but don't need to, report a default (such that this is) to credit agencies (in some jurisdictions they are required to by law). Any parties to the trade and the courts may use a debt collection agency to collect payments or seize assets to cover payment. If there is no broker or the counterparty still has not paid the bill then the parties involved (the party to the trade and any intermediaries) can sue for breach of contract. If they win (which would be expected) the counterparty will be made to pay by the legal system including, but not limited to, seizure of assets, enforced bankruptcy, and prison terms for any contempts of court rulings. All of this holds for governments who refuse to pay derivatives losses (as Argentina did in the early 20th century) but in that case it may escalate as far as war. It has never done so for derivatives contracts as far as I know but other breaches of contract between countries have resulted in armed conflict. As well as the \"\"hard\"\" results of failing to pay there are soft implications including a guaranteed fall in credit ratings that will result in parties refusing to do business with the counterparty and a separate loss of reputation that will reduce business even further. Potential employees and funders will be unwilling to become involved with such a party and suppliers will be unwilling to supply on credit. The end result in almost every way would be bankruptcy and prison sentences for the party or their senior employees. Most jurisdictions allow for board members at companies in material breach of contract to be banned from running any company for a set period as well. edit: netting off cash flows netting off is a process whereby all of a party's cash flows, positive and negative, are used to pay each other off so that only the net change is reflected in account balances, for example: company 1 cash flows netting off the total outgoings are 3M + 500k = 3.5M and total incomings are 1.2M + 1.1M + 1.2M = 3.5M so the incoming cash flows can be used to pay the outgoing cash flows leaving a net payment into company1's account of 0.\""}
{"_id": "526334", "title": "", "text": "It is not absolutely clear that transitioning all your retirement money from mutual funds, stocks, bonds, CDs etc to an annuity (either now, or just before retirement) is the best decision, especially once you are old enough to have to take Required Minimum Distributions (RMDs). The IRS says in Publication 590 Distributions from individual retirement annuities.   If your traditional IRA is an individual retirement annuity, special rules apply to figuring the required minimum distribution. For more information on rules for annuities, see Regulations section 1.401(a)(9)-6. These regulations can be read in many libraries, IRS offices, and online at IRS.gov. I would recommend talking to a tax accountant before going your proposed route."}
{"_id": "526346", "title": "", "text": "One thing to be aware of when choosing mutual funds and index ETFs is the total fees and costs. The TD Ameritrade site almost certainly had links that would let you see the total fees (as an annual percentage) for each of the funds. Within a category, the lowest fees percentage is best, since that is directly subtracted from your performance. As an aside, your allocation seems overly conservative to me for someone that is 25 years old. You will likely work for 40 or so years and the average stock market cycle is about 7 years. So you will likely see 5 or so complete cycles. Worrying about stability of principal too young will really cut into your returns. My daughter is your age and I have advised her to be 100% in equities and then to start dialing that back in about 25 years or so."}
{"_id": "526359", "title": "", "text": "\"I hate Amazon's delivery service. Their drivers are so concerned about the quotas they got give a care about your package and they're rude as hell. Delivery dude rang the door bell, in the 7 literal seconds it took me to get up, walk over and open the door he had too see my packages on the rug outside and was running back to his car. Had the nerve and audacity to yell \"\"I have 300 more packages!!\"\" when I called after him.   My manager has seen them sit in their car and mark a package as refused/undeliverable because they didn't want to get out and walk to the back of the building.   If I can't choose to have my packages delivered by another service, I'm going to stop buying from Amazon.\""}
{"_id": "526377", "title": "", "text": "You can buy the data and process it on your own.  http://www.nyxdata.com/Data-Products/Daily-TAQ"}
{"_id": "526383", "title": "", "text": "First off, great job on your finances so far. You are off on the right foot and have some sense of planning for the future.  Also, it is a great question.   First, I agree with @littleadv. Take advantage of your employer match. Do not drop your 401(k) contributions below that. Also, good job on putting your contributions into the Roth account. Second, I would ask: Are you out of debt?  If not, put all your extra income towards paying off debt, and then you can work your plan. Third, time to do some math.  What will your business look like?  How much capital would you need to get started?  Are there things you can do now on a part-time basis to start this business or prepare you to start the business? Come up with a figure, find some mutual funds that have a low beta, and back out how much money you need to save per month, so you have around that total.  Then you have a figure. e.g. Assume you need $20,000, and you find a fund that has done 8% over the past 20 years.  Then, you would need to save about $110/month to be ready to go in 10 years, or $273/month to go in about 5 years.  (It's a time value of money calculation.) The house is really a long way off, but you could do the same kind of calculation.  I feel that you think your income, and possibly locale, will change dramatically over the next few years.  It might not be bad to double what you are saving for the business, and designate one half for the house."}
{"_id": "526384", "title": "", "text": "What happens to consumer debt if a   country defaults on its debt?  Nothing, just as nothing happens to your debt when your neighbor defaults. If you have debts that have floating interest rates - those may (and probably will) hike. how will a debt default by a country   affect government-backed loans such as   mortgages and student loans? Those that are already closed will probably not be affected, as you've got the money already and signed the loan agreement. Those that are not closed - will probably be delayed or not funded at all. However, if any of the debts allows the debtor to request an early collection (which I think is rather rare on the consumer market) - someone else's default may lead to the debtor's request for the money earlier than expected."}
{"_id": "526410", "title": "", "text": "US government budget is $3.8tn. Trump tax cut amounts to $200bn pa. That's 5% of the total budget. So even if all of the tax cut was paid for by firing people, which it won't because a good chunk will be paid for with bond issuance, you would have nowhere near 4 million redundancies. So I'm going to venture on a limb here and say that you just pulled these numbers out of your ass."}
{"_id": "526419", "title": "", "text": "It's not valuable in that sense as it's pretty much uncontrollable.   Reddit has one of the most outrage obsessed cultured out of any major internet platform. People here flip out about anything and everything.  Take a look at the thousands of people who genuinely believe that McDonald's post in /r/gaming is a shill post for McDonlads posted secretly by an Ad agency. Despite the photo containing alcohol, an absolute massive giveaway that it's not gone through McDonalds and an Apple keyboard in the shot with the food looking like garbage. Something like that would absolutely never go through a client in a corporation as big as McDonald's, legally they wouldn't even be allowed to do it anyway. If they're showing alcohol in an ad they cannot serve that ad to under eighteens. Something you cannot control on Reddit, Facebook and twitter allow you to target over eighteens for instance. McDonald's aren't going go open themselves up legally to that just so they can shill on a gaming Reddit.  Not to mention major clients like McDonald's don't really give a damn about Reddit hence it's abysmal profitability. They barely even care about Twitter. The only really care about Facebook and Google.   McDonald's would never waste money on some shill post on the gaming Reddit in the first place, the world get far, far more  results using that adspend on Facebook instead and would already know that.   And on top of all that the ad would be extremely poorly targeted as it's supposedly an ad for the UK uber eats delivery service yet the majority of the users on r/gaming are from the US and not in the small London based areas which the service is available.    Yet despite all of that, thousands and thousands of Redditors are outraged and up in arms over it.   Reddit is awful as an ad platform really."}
{"_id": "526422", "title": "", "text": "\"The question is asking for a European equivalent of the so-called \"\"Couch Potato\"\" portfolio. \"\"Couch Potato\"\" portfolio is defined by the two URLs provided in question as, Criteria for fund composition Fixed-income: Regardless of country or supra-national market, the fixed-income fund should have holdings throughout the entire length of the yield curve (most available maturities), as well as being a mix of government, municipal (general obligation), corporate and high-yield bonds.  Equity: The common equity position should be in one equity market index fund. It shouldn't be a DAX-30 or CAC-40 or DJIA type fund. Instead, you want a combination of growth and value companies. The fund should have as many holdings as possible, while avoiding too much expense due to transaction costs. You can determine how much is too much by comparing candidate funds with those that are only investing in highly liquid, large company stocks. Why it is easier for U.S. and Canadian couch potatoes It will be easier to find two good funds, at lower cost, if one is investing in a country with sizable markets and its own currency. That's why the Couch Potato strategy lends itself most naturally to the U.S.A, Canada, Japan and probably Australia, Brazil, South Korea and possibly Mexico too. In Europe, pre-EU, any of Germany, France, Spain, Italy or the Scandinavian countries would probably have worked well. The only concern would be (possibly) higher equity transactions costs and certainly larger fixed-income buy-sell spreads, due to smaller and less liquid markets other than Germany. These costs would be experienced by the portfolio manager, and passed on to you, as the investor. For the EU couch potato Remember the criteria, especially part 2, and the intent as described by the Couch Potato name, implying extremely passive investing. You want to choose two funds offered by very stable, reputable fund management companies. You will be re-balancing every six months or a year, only. That is four transactions per year, maximum. You don't need a lot of interaction with anyone, but you DO need to have the means to quickly exit both sides of the trade, should you decide, for any reason, that you need the money or that the strategy isn't right for you.  I would not choose an ETF from iShares just because it is easy to do online transactions. For many investors, that is important! Here, you don't need that convenience. Instead, you need stability and an index fund with a good reputation. You should try to choose an EU based fund manager, or one in your home country, as you'll be more likely to know who is good and who isn't. Don't use Vanguard's FTSE ETF or the equivalent, as there will probably be currency and foreign tax concerns, and possibly forex risk. The couch potato strategy requires an emphasis on low fees with high quality funds and brokers (if not buying directly from the fund). As for type of fund, it would be best to choose a fund that is invested in mostly or only EU or EEU (European Economic Union) stocks, and the same for bonds. That will help minimize your transaction costs and tax liability, while allowing for the sort of broad diversity that helps buy and hold index fund investors.\""}
{"_id": "526425", "title": "", "text": "Yes I understand perfectly what they're doing. They're artificially driving down wages by flooding the supply of workers. They justify this by crying out that there is a shortage. You bet I don't like it. It's sad that you advocate such practice."}
{"_id": "526429", "title": "", "text": "The simple answer is that brokerages have to close the books at the end of the year before they can send out the tax forms (what this entails is off topic for this site). I doubt that printing and mailing the forms takes very long. It is simply the process of reconciling the books so they don't have to send out corrected forms if errors are corrected during that reconciliation process."}
{"_id": "526451", "title": "", "text": "\"&gt; I've seen it happen to hundreds of independent retailers who are in their senior years. Cost overhead is up, margins are down, why put yourself through the stress for less and less??  Yeah, that's Obama and the economy alright. Not just regular \"\"being burnt out\"\". Making room for motivated young entrepreneurs and small business owners is such a horrible thing.  I imagine you're seeing this trend with young business owners too right? No? People are still starting businesses, being profitable and succeeding? Oh well, the government is still around to blame!\""}
{"_id": "526459", "title": "", "text": "Because best buy doesn't hire hoards of extremely low wage workers. Pay starts at $9 for cashiers at my store and only goes up from there. Best buy also has a community service program that donates $1000 chunks to local charities/ schools a couple times a year."}
{"_id": "526472", "title": "", "text": "Another thing to consider is that paying extra principal (either via one of these services, or by including something extra with your normal mortgage payment and designating that it go to principal rather than be held to reduce next month's payment, or just sending an additional payment to the bank and designating it as reducing the principal) shortens the term of your loan. Is this good? Maybe. Consider that banks lend with a variety of terms. Usually the 15-year fixed rate mortgage has a lower interest rate than the 30-year fixed-rate mortgage, and the 5-year home-equity-loan has an even lower rate. When you prepay your loan, your interest rate stays the same, but the bank gets its money back sooner. This makes more profit for the bank as it can then invest the money in other things. That profit could have been yours if you had made that investment instead of prepaying your mortgage."}
{"_id": "526477", "title": "", "text": "\"So you work, and give a small irregular amount to you parents.  You live with very low expenses.  Assuming you make a bit below the average salary in the UK, you should be able to save around \u00a31000.  If you found a part time job could you save double?  I bet you could. So why do you need credit?  Why do you need a credit score? Having poor or no credit can be remedied by having a large down payment.  Essentially the bank asks, if this person could afford the payment of this loan why have they not been saving the money?  You could save the money and either buy the thing(s) you desire with cash (the smartest), or put 50% down.  Putting 50% or more down turns you into a good credit risk despite having no credit history.   In case you missed it:  why not just save the money and buy it for cash?  Why have compounding interest working against you?  Why do you want to work for the bank? Making the interest payments on loans in order to build a credit score is just silly.  It is an instance of a \"\"tail wagging the dog\"\".\""}
{"_id": "526499", "title": "", "text": "The rental income is indeed taxable income, but you reduce the taxable portion of it by deducting expenses (including mortgage interest, maintenance, insurance, HOA, real estate tax, and of course depreciation). Due to the depreciation, you may end up breaking even, or having very little taxable income. Note that when you sell the property, your basis is reduced by the depreciation you were allowed to deduct (even if you haven't deducted it for whatever reason), and also the personal residence exclusion might no longer be applicable - i.e.: you'll have to pay capital gains tax. You will not be able to deduct a loss though if you sell now, so it may be better to depreciate it as a rental, rather then sell at a loss that won't affect your taxes. Also, consider the fact that the basis for the depreciation is not the basis you currently have in the property (because you're under water). You have to remember that when calculating the taxes. This is not a tax advice, and you should seek a professional help."}
{"_id": "526507", "title": "", "text": "&gt; $12 billion is a rounding error compared to the national debt.   Hahaha comments like yours show that no matter what he does whether obviously good or bad, shills will always bitch.   EDIT: I love the shills down-voting me on this single comment. This total thread has 71 upvotes and I'm downvoted to -26 for a serious and correct comment. Hmmm, something feels fishy.  Enjoy your shitty propaganda driven sub shariablue!"}
{"_id": "526516", "title": "", "text": "I'm pretty sure you can't do what you are asking, for exactly the reason you say - you would get a double tax deduction. The only way to get money out of an RRSP is to withdraw it and take the tax hit, whatever the reason for the withdrawl."}
{"_id": "526520", "title": "", "text": "Even if you're paying a lot of taxes now, you're talking marginal dollars when you look at current contribution, and average tax rate when making withdrawals.  IE, if you currently pay 28% on your last dollar (and assuming your contribution is entirely in your marginal rate), then you're paying 28% on all of the Roth contributions, but probably paying a lower average tax rate, due to the lower tax rates on the first many dollars.   Look at the overall average tax rate of your expected retirement income - if you're expecting to pull out $100k a year, you're probably paying less than 20% in average taxes, because the first third or so is taxed at a very low rate (0 or 15%), assuming things don't change in our tax code.  Comparing that to your 28% and you have a net gain of 8% by paying the taxes later - nothing to shake a stick at. At minimum, have enough in your traditional IRA to max out the zero tax bucket (at least $12k).  Realistically you probably should have enough to max out the 15% bucket, as you presumably are well above that bucket now.  Any Roth savings will be more than eliminated by this difference: 28% tax now, 15% tax later?  Yes please. A diversified combination is usually best for those expecting to have a lot of retirement savings - enough in Traditional to get at least $35k or so a year out, say, and then enough in Roth to keep your comfortable lifestyle after that. The one caveat here is in the case when you max out your contribution levels, you may gain by using money that is not in your IRA to pay the taxes on the conversion.  Talk to your tax professional or accountant to verify this will be helpful in your particular instance."}
{"_id": "526534", "title": "", "text": "I disagree that this is a bad thing. I just found a new job after a lengthy search. I was, thankfully, employed the whole time, but decided to tell my boss a while back that I was interested in finding something else. I did this for a few reasons.  1. I didn't want to screw them. I like the people at my job, just not the work. Why spring a surprise on them with a two weeks notice when you could make sure everything was ok before you leave?  2. I wanted to help in any transition. I ended up training my replacement and have full confidence that there won't be any downturn in productivity once I leave.  3. It's not a good idea to leave anywhere, even if you hate it, on bad terms. It gives everyone there a bad sense of you and can come back to bite you in the future."}
{"_id": "526551", "title": "", "text": "Your first example was a system built by the GOVERNMENT.  Your second example is a tiny bus company built on the backbone of the existing PUBLIC bus system already in place.  And the third example is talking about having google use PUBLICLY BUILT AND DESIGNED roads and bus stops.    I agree it would be fine I suppose to have private companies RUN public transport, but they sure as hell won't build it, and they SHOULDn't make a profit on riders."}
{"_id": "526555", "title": "", "text": "The accountant must provide you a signed copy of your return, and the e-file authorization form for you to sign which should show the amount you're supposed to get refunded. Once you sign the authorization, the accountant must e-file your return, and provide you the receipt of filing (usually an email from the accountant's software provider). If any of these steps didn't happen - your accountant is lying to you, and is likely to have misused your information. If your return was supposed to be filed on paper - then it was you who was supposed to mail it, via USPS certified mail. Usually, if a professional prepares a return, it would be e-filed unless there's a specific reason not to, or you explicitly requested paper filing (any of that would also be documented on a specific IRS form which you would sign). If your accountant is lying to you, then you should use form 14157 to complain about him to the IRS. Read carefully the letter you've got from the IRS. They're probably asking about the ACA insurance coverage information. It should have been reported on your tax return. See here for more details about what reporting you were supposed to do, depending on your situation. I suggest you go to a (different) tax preparer, make sure he is in fact licensed (I.e.: has EA or CPA credentials), and ask him to sort it out. If indeed the original preparer didn't file your return, you can also (in addition to the form 14157) file a complaint with your State regulatory agency that oversees tax preparers, if there's such. If the original preparer made a mistake, it is your right to sue for damages (including the costs of sorting it out, and penalties that you might have incurred due to that mistake)."}
{"_id": "526568", "title": "", "text": "\"I started storing and summing all my receipts, bills, etc. It has the advantage of letting me separate expenses by category, but it's messy and it takes a long time.  It sounds from this like you are making your summaries far too detailed. Don't. Instead, start by painting with broad strokes. For example, if you spent $65.17 at the grocery store, don't bother splitting that amount into categories like toiletries, hygiene products, food, and snacks: just categorize it as \"\"grocery spending\"\" and move on to the next line on your account statement. Similarly, unless your finances are heavily reliant on cash, don't worry about categorizing each cash expense; rather, just categorize the withdrawal of cash as miscellaneous and don't spend time trying to figure out exactly where the money went after that. Because honestly, you probably spent it on something other than savings. Because really, when you are just starting out getting a handle on your spending, you don't need all the nitty-gritty details. What you need, rather, is an idea of where your money is going. Figure out half a dozen or so categories which make sense for you to categorize your spending into (you probably have some idea of where your money is going). These could be loans, cost of living (mortgage/rent, utilities, housing, home insurance, ...), groceries, transportation (car payments, fuel, vehicle taxes, ...), savings, and so on -- whatever fits your situation. Add a miscellaneous category for anything that doesn't neatly fit into one of the categories you thought of. Go back something like 3-4 months among your account statements, do a quick categorization for each line on your account statements into one of these categories, and then sum them up per category and per month. Calculate the monthly average for each category. That's your starting point: the budget you've been living by (intentionally or not). After that, you can decide how you want to allocate the money, and perhaps dig a bit more deeply into some specific category. Turns out you are spending a lot of money on transportation which you didn't expect? Look more closely at those line items and see if there's something you can cut. Are you spending more money at the grocery store than you thought? Then look more closely at that. And so on. Once you know where you are and where you want to be (such as for example bumping the savings category by $200 per month), you can adjust your budget to take you closer to your goals. Chances are you won't realistically be able to do an about-face turn on the spot, but you can try to reduce some discretionary category by, say, 10% each month, and transfer that into savings instead. That way, in 6-7 months, you have cut that category in half.\""}
{"_id": "526574", "title": "", "text": "Buying a put is hedging.  You won't lose as much if the market goes down, but you'll still lose capital: lower value of your long positions. Buying an ultrashort like QID is safer than shorting a stock because you don't have the unlimited losses you could have when you short a stock.  It is volatile.  It's not a whole lot different than buying a put; it uses futures and swaps to give the opposing behavior to the underlying index.  Some places indicate that the tax consequences could be severe.  It is also a hedge if you don't sell your long positions.  QID opposes the NASDAQ 100 which is tech-heavy so bear (!) that in mind. Selling your long positions gets you out of equities completely.  You'll be responsible for taxes on capital gains.  It gets your money off of the table, as opposed to playing side bets or buying insurance.  (Sorry for the gambling analogy but that's a bit how I feel with stock indices now :) )."}
{"_id": "526577", "title": "", "text": "If you're tending toward stocks because you have a long time horizon, you're looking at them for the right reasons. I'm twice your age.  I have a mortgage -- two of them, actually! -- a wife, and a six-year-old.  I can't really justify being terribly risky with my money because I have others depending on my income. You're nineteen.  Unless you've gotten a really early start on life and already have a family, you can take on a lot more risk than stocks.  You have time to try things (income things) that I wish I would have tried at that age, like starting a business.  The only thing that would push me to do that now would be losing my job, and that wouldn't be the rush I'd like. That's not to say that you can't make a lot of money with stocks, but if that's what you're looking to do, really dig in and research them.  You have the time.  Whether the tide makes all boats rise or sink is a matter of timing the economy, but some of the companies will ride the waves.  It takes time to find those more often than not. Which blue chips are likely to ride the waves?  I have no clue.  But I'm not invested in them at the moment, so it doesn't matter. :)"}
{"_id": "526582", "title": "", "text": "I'm not sure you can call this socialism, but I hold the belief that the world at some point will be socialist-like.   This will take progress of automation and energy advances and capitalism will be the catalyst in this advancement.   At some point people won't have to work.  The only thing we will need is the power to run the automation.   I think that by the time we get there,  it won't really matter,  as there will be no jobs needed.  The bottle neck of course, is creating the energy cheaply,  if not freely, via automation.   We should be able to produce or run everything automatically at some point. From food production,  to gadgets,  we can and I'm sure will make everything automated.   The only thing needed will be the raw materials which can be harvested  through automation.  The world will be weird and awesome 200 years from now.   Assuming no religious cult takes hold and people don't banish or burn the advances made, which have historically happened."}
{"_id": "526589", "title": "", "text": "&gt;&gt;But, still, you have to be against Trump despite him yet to do anything about this... &gt; I never said I was against him because of his inaction on Medicare Part-D.  and   &gt;&gt; The Paris Accords are not fair to the USA...  &gt; I never said they were.  So, why are you against Trump?  For the **last time(!)** try to give an example of an action by Trump that you don't like.  P/S: Do you support the democrats, instead of Trump?"}
{"_id": "526614", "title": "", "text": "Society sets the values by which we judge actions. In the US, the choice has been to have business first class citizens, and humans second class. In the US you believe greed is good (and Christian for some bizarre reason) and you distrust your government.   In Europe we expect our government to protect us from sociopathic corporations, which are seen as a useful, but problematic, tool. Humans come before businesses. etc.   In the US you assign different values than we do in Europe. We optimize for a different goal function."}
{"_id": "526622", "title": "", "text": "Shocked that a fantasy dweller refuses to understand how things work.  Hey Cletus, There is only 1 party starting wars, destroying economic growth and pissing money every chance they get.. .  But if you want to support cheeto mousellini and feel good about yourself the go ahead blame the black guy ;)"}
{"_id": "526653", "title": "", "text": "Yep.  Also, some research will help you understand which companies target which schools.  Linkedin, Google, etc can show you if companies are HQed near certain schools, as well as where current employees went.  Companies will also sponsor/host events on schools' campuses.  Searching the school website would be useful.  But networking helps a ton (easier to fact-check a butt-load of research someone else already did that they shared via conversation)"}
{"_id": "526661", "title": "", "text": "\"Long term: Assuming you sold stock ABC through a registered stock exchange, e.g., the Bombay Stock Exchange or the National Stock Exchange of India, and you paid the Securities Transaction Tax (STT), you don't owe any other taxes on the long term capital gain of INR 100. If you buy stock BCD afterwards, this doesn't affect the long term capital gains from the sale of stock ABC.  Short term: If you sell the BCD stock (or the ABC stock, or some combination therein) within one year of its purchase, you're required to pay short term capital gains on the net profit, in which case you pay the STT and the exchange fees and an additional flat rate of 15%.  The Income Tax Department of India has a publication titled \"\"How to Compute your Capital Gains,\"\" which goes into more detail about a variety of relevant situations.\""}
{"_id": "526664", "title": "", "text": "\"For starting with zero knowledge you certainly did a great job on research as you hit on most of the important points with your question.  It seems like you have already saved up around six months of expenses in savings so it is a great time to look into investing. The hardest part of your question is actually one of the most important details.  Investing in a way that minimizes your taxes is generally more important, in the end, than what assets you actually invest in (as long as you invest even semi-reasonably).  The problem is that the interaction between your home country's tax system and the U.S. tax system can be complex.  It's probably (likely?) still worth maxing out your 401(k) (IRA, SEP, 529 accounts if you qualify) to avoid taxes, but like this question from an Indian investor it may be worth seeing an investment professional about this.  If you do, see a fee-based professional preferably one familiar with your country.   If tax-advantaged accounts are not a good deal for you or if you max them out, a discount broker is probably a good second option for someone willing to do a bit of research like you. With this money investing in broadly-diversified, low fee, index mutual funds or exchange traded funds is generally recommended.  Among other benefits, diversified funds make sure that if any particular company fails you don't feel too much pain.  The advantages of low fees are fairly obvious and one very good reason why so many people recommend Vanguard on this site.  A common mix for someone your age is mostly stocks (local and international) and some bonds.  Though with how you talk about risk you may prefer more bonds. Some people recommend spicing this up a bit with a small amount of real estate (REITs), sometimes even other assets.  The right portfolio of the above can change a lot given the person.  The above mentioned adviser and/or more research can help here. If, in the future, you start to believe you will go back to your home country soon that may throw much of this advice out the window and you should definitely reevaluate then.  Also, if you are interested in the math/stats behind the above advice \"\"A Random Walk Down Wall Street\"\" is a light read and a good place to start.  Investing makes for a very interesting and reasonably profitable math/stats problem.\""}
{"_id": "526681", "title": "", "text": "As mentioned, dividends are a way of returning value to shareholders. It is a conduit of profit as companies don't legitimately control upward appreciation in their share prices. If you can't wrap your head around the risk to the reward, then this simply means you partially fit the description for a greater investment risk profile, so you need to put down Warren Buffett's books and Rich Dad Poor Dad and get an investment book that fits your risk profile."}
{"_id": "526683", "title": "", "text": "Okay, first of all you have the make up to right into financial behavior field.    http://en.wikipedia.org/wiki/Behavioral_finance  I am not sure where to go for such a degree or the job prospects afterwords, but frankly 'they' say it will be something of great interest in the future.  I am beginning to find in finance it is not so much what you can do, but WHERE you live.  I'm not near any major city that has financial headquarters so I may end up moving just to pursue something that interests me."}
{"_id": "526703", "title": "", "text": "Yep. My dad lost his (really high paying) job in 2009 and it took him 9 months to find it. They had to sell off a lot of stock to get through it, at a time when the stocks were half of what they were a year earlier. Now he's 64 and not even considering retiring before 70 or death, whichever comes first.   I definitely believe that the death of the pension is going to be the worst thing for boomers. My generation never grew up with them - for us they're like a fairy tale. But many boomers grew up where nobody ever saved for retirement and always kicked the can down the road. SS is really only enough to keep seniors from starving to death, and not much more."}
{"_id": "526704", "title": "", "text": "Blue apron. I used it for quite a while. The meal standards have gotten worse and variety lacking. It had also gotten more complicated to prepare, to the point where I think it's faster and easier to make my own meals. Spending 40 minutes to prep an unsatisfactory meal that I'll finish in 10 minutes is just bad ROI."}
{"_id": "526711", "title": "", "text": "Policy makers who spent their careers pondering the lackluster demand for workers will have to turn their attention to a problem they have not had to fret about much in at least a generation: how to pull more able-bodied people into the work force to offset a wave of retirements.  Paid training for entry level positions.   The guy hits a lot of good points, even suggests making higher education more accessible. But if companies want good workers who remain loyal they have to take the steps necessary to treat them more than just a number. One of those things is either training new guys on the job or help put them through education."}
{"_id": "526712", "title": "", "text": "Installing something so massive at the venue comes with its own set of responsibilities and limitations. When your production is going a notch up, there is a certain level of flexibility that is demanded. So make sure you meet all the requirements properly."}
{"_id": "526714", "title": "", "text": "An update for anyone looking this up, I am still working through all the details but I can answer the question as far as Stack Exchange will go. In this situation the answer and processes involved greatly differs based on the personal circumstances of the person asking the question. Best to seek qualified tax advice than relying only on a forum as they are able to be more accurate and descriptive than any reply that you might receive."}
{"_id": "526719", "title": "", "text": "The dryer is a common electronic appliance that helps to clean your dirty clothes. It used to remove the moisture from a load of garments just after cleaning them in a washing machine. There are many dryer vent cleaning service provider in Carlsbad, Oceanside, Vista, San Marcos, Encinitas, Escondido, Rancho Bernardo, and Poway that helps to clean your dryer."}
{"_id": "526731", "title": "", "text": "Interesting stuff, but I'd want to know how it occurred to them to check for a Citigroup Bear Run.  It sounds like they simply datamined for one case which fit their hypothesis.  I'd also like to see (1) how other finance companies fared in the same period and (2) how many upticks were available to sell on."}
{"_id": "526733", "title": "", "text": "I think that ties to overall attitudes in business. As much as IT isn't the money making aspect, and should act that way. Said money making aspects rely on IT to keep their systems running efficiently and effectively. That means equal levels of respect going both ways. Don't treat IT like plebs who only live to serve, because without them you're likely stuck trying to do things that you understand."}
{"_id": "526739", "title": "", "text": "You might spend 30/45 minutes a day sitting in traffic, but those towns are all so centrally located you can definitely shop around to try and find an affordable living situation. In Laurel you could live in Anne Arundel County, Prince Georges County, or Montgomery County and not be too far from work.  Germantown and Temple Hills would be a bit more of a hellish commute, but you still have options if you don't mind sitting on the beltway everyday for a little while."}
{"_id": "526743", "title": "", "text": "Santander - Spains largest bank was unable to fulfill it's obligation to finance the airline Norwegian's purchase of new planes. The contract was signed, but Santander had no money. They will now meet angry Norwegian's in court. If I had any money in any Spanish financial institution - bank, stocks, bonds, pension- or other funds - I would get them out today. They have been cooking their books. This is not Lehman Brothers, this is another Enron."}
{"_id": "526777", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/titlegore] [SeaWorld Shares Tank After Animal Rights Protests Hurt Results](http://np.reddit.com/r/titlegore/comments/2dk375/seaworld_shares_tank_after_animal_rights_protests/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "526808", "title": "", "text": "Given your timeframe, risk tolerance, and the fact that you don't need this money, I would suggest a balanced approach. Something like: If you want to have fun investing, you could look into things like lendingclub, or bonds, or stocks, etc. But an allocation like I've outlined above is a pretty good balance of risk and reward over that timeframe."}
{"_id": "526817", "title": "", "text": "You mentioned depositing the check and then sending a personal check. Be sure to account for time, since any deposit over $10,000 the money will be made available in increments, so it may take 10-14 days to get the full amount in your account before you could send a personal check. I would not recommend this option regardless, but if you do, just a heads up."}
{"_id": "526818", "title": "", "text": "There is more than a single reason why TVIX loses value over time. Futures curve. VIX is always expected to trend up when under 20(although this could change in the future). This means 1 month away futures contracts are bought at a premium closer to 20. If the .VIX stayed flat at 15, by the end of the month, that contract is only worth about 15. meaning you lost 25%. This affects all VIX ETFs and makes inverse VIX ETFs attractive to hold(if you don't mind your account blowing up periodically). Leverage decay. if VIX goes down 25% two consecutive days, your x2 ETF(TVIX, UVXY) goes down 75%. Even if it doubled back to yesterday's value next day, you'd still be 25% down. ETF funding costs. The fund managers take some money from the pot every day."}
{"_id": "526822", "title": "", "text": "okay, I was thinking of an investment advisor. I believe in not doing it alone too. But i don't believe in just one more person. Investing advisors, tax advisors, business and law. I don't go to an advisor bc I can't balance my monthly budget and also want to save, you know. Questions more like, highest growth sectors, diversified strategies, etc.  And right, they wouldn't get fired bc their client is still happy, (even though their losing money during a record bull market). Guy must be a good sales man. I'd just want to know that my advisors performance is decent relative to the market. But again, I'm not handing over checks to people, only speaking with them.  edit: Yes, the average person should worry about making their kids soccer games and shit, not necessarily the markets and what their investment is worth in 30yrs"}
{"_id": "526823", "title": "", "text": "\"Stocks, as an asset, represent the sum of the current market value of all of your holdings. If your portfolio is showing unrealized gains and losses, then that net amount is inherently reflected in the current market value of your holdings.  That's not to say cost basis is not important. Any closed trades, realized gains or losses, will of course have an impact on your taxable income. So, it couldn't hurt to keep track of your cost basis from a tax standpoint, but understand that the term \"\"asset\"\" refers to the current market values and does not consider base amounts. Taxes do. Perhaps consider making separate cells for cost basis, but also bear in mind that most if not all of the major online discount brokers will provide transferring of cost basis information electronically to the major online tax service providers.\""}
{"_id": "526826", "title": "", "text": "It\u2019s not that easy. A lot of is technical or science degrees. You have to have around 10k in a bank account to prove you\u2019re not going to just drop out and stay. You also are on your own for rent and food. Also some places are confused by foreign degrees. After that it comes to about the same as studying here."}
{"_id": "526847", "title": "", "text": "I had this problem when I finished my job in Canada in Sept 2013.   You'll likely have to open the account in person in Canada, at least if you don't already have a relationship with a broker there. DO NOT go to Virtual Brokers.  They told me that my US citizenship was no problem, but right before I left Canada to double check.  It wasn't until I asked specifically which US states they were licensed in that they realized they were licensed in NO US STATES. They told me that they'd freeze my account when I left. I then moved my (former) pension to a locked-in RRSP at BMO.  As of September 2010 BMO could handle residents of most US states, but it took some tooth pulling to get the list out of them.  However, after I flew to the USA, BMO called to demand more ID.  My account was frozen until I flew back to Canada in person just to show ID. Annoyed, I closed the BMO account and moved it to TD Waterhouse.  TD waterhouse can handle accounts for residents of all the US states EXCEPT Virginia, Louisiana, and Nebraska.  (I only got the complete list of exceptions when I made my first trade, since the guys at the trading desk are much more knowledgeable about such things than the guys in the branch.)  TD was extremely friendly about my USA citizenship/residence.  (Many Canadian brokers simply won't accept US residents, at least as of the end of 2013.) Whichever broker you choose, BRING LOTS MORE ID than they require.  Insist that they zerox it all. Make sure to include your social security card.  You don't want them to demand more ID after you've left the country, like BMO did.  They may even make such a move simply to get rid of US customers, because the FATCA is a pain for foreign banks."}
{"_id": "526859", "title": "", "text": "Excellent Question!  I agree with other repliers but there are some uneasy things with index funds. Since your view is death, I will take extremely pessimist view things that may cause it (very big may): I know warnings about stock-picking but, in imperfect world, the above things tend to happen. But to be honest, they feel too much paranoia. Better to keep things simple with good diversification and rebalancing when people live in euphoria/death. You may like Bogleheads.org."}
{"_id": "526880", "title": "", "text": "&gt;Why doesn't a competitor come along at 1%.  Because banks and credit card brands set interchange and assessments before any actual processing companies start adding in their markups, and those are already above 1%.   If a company offered less than the sum of interchange and assessments, they would be losing money on every transaction they process."}
{"_id": "526882", "title": "", "text": "Principal has probably distributed your money to a company that holds dormant retirement plan account balances. I work for a third-party administrator and we usually use a company called Penchecks. They receive dormant accounts and try to locate the people they belong to. They don't do this for free though, so the sooner you find your account the better. Principal would have to keep a record of where they sent your money, although I don't know for how long they are required to keep that record. For example, doctors are only required to keep records for 7 years. The PBGC will help you find your lost balance. They are a gov't agency that protects retirement plan participants. They have a search engine for this kind of thing: http://search.pbgc.gov/mp/ Also https://www.unclaimedretirementbenefits.com/ is a registry of unclaimed retirement plan benefits."}
{"_id": "526900", "title": "", "text": "\"Per capita joint-stock market capitalization is strongly correlated (Pearson's r = .51) with the transparency.org corruption perceptions index (higher index score is cleaner, more transparent government). So if by \"\"capitalism\"\" you mean joint-stock capitalism the data suggests you're wrong.  When I studied this about a year ago, China's per capita joint-stock market capitalization was a little over $2,000 while their corruption index was a miserable 3.5. On the other hand, the US had a per capita joint-stock market capitalization of about $38,000 and a pretty good corruption index score of 7.1.  If you graph this regression on a log scale Morocco and Colombia occupy similar positions as China. The nearest statistical \"\"neighbors\"\" to the US are France and Norway. Are China, Morocco and Colombia less corrupt than the US, France and Norway?\""}
{"_id": "526905", "title": "", "text": "\"Well... to be fair... everyone can make a plan for their lives.  Of course, life happens and it can derail that plan.  With a plan, you can at least know you're making decisions that help propel you towards your goals.  Without a plan, you're just rudderless.    Planning doesn't cost anything.  Making goals doesn't cost anything.  With that being said, the less \"\"means\"\" that a person has, the harder it is to live below them.  It really comes down to individual circumstances.\""}
{"_id": "526926", "title": "", "text": "\"I used to work in finance for a number of years and I believe some of the use of these cliches are context-relevant (as others have said), but I also think they are often used as a placeholder for an actual thought or point, when one is lacking. It is also quite jarring to hear these phrases for the first time, as I had when I first started working at an investment bank. I thought they were sealing themselves within their culture. I found it limiting and really suffocating. My (least) favorite was \"\"it is what it is.\"\" I always wanted to say: \"\"When isn't it?\"\"  In any event, I have been collecting articles like this for a while. I have an idea to write a short story about a newly minted undergrad (or MBA) joining a company and all the other characters *only* speak in these phrases and sentences. And the main character is forced to deal with his/her initial confusion and then struggles to decide whether to assimilate (drink the kool-aid, if you will) and then realize his/her ability to think and identify as an individual is being challenged, so he/she ultimately abandons that company/job/industry.\""}
{"_id": "526967", "title": "", "text": "I don't see how me pointing out how you're wrong even shows what my views are. You also won't sway anyone by being condescending when you're wrong. Notice this about the people who oppose these issues. Once you show them they're wrong they will just attack and insult instead of actually debating."}
{"_id": "526968", "title": "", "text": "Which is actually not usually the case. The bonus is typically in shares which they can only cash in after so many years, to try and align the C-suite's interest with long term plans for the company.   What most screws things over is being in the share market, when management makes itself slave to the vagarities of the intraday price. There are a very few number if companies that have realized this and gone back to annual rather than quarterly reporting."}
{"_id": "526981", "title": "", "text": "It's coming. All of his drama and crises are of his own doing. There going to be an real emergency and his administration or nation isn't prepared for it. He's alienated our allies and gutted the middle management of the State Department. THERE IS NO HEAD OF FEMA and Hurricane season is starting soon."}
{"_id": "526982", "title": "", "text": "Here are the main ways of doing this that I've encountered. I've met advocates of each. You might be interested in this set of articles: http://www.slate.com/id/2281885/ which looks at some different ways of doing this and the financial - and other - effects."}
{"_id": "526989", "title": "", "text": "\"Not only does the interest get charged from Day 1 on new purchases as long as you have a revolving balance, but the credit card agreement often says something to the effect that any partial payment is applied first to the  interest to date, and then transfer balances on which no interest is being charged and so the bank is losing money on it, then to other transfer  balances and cash advances (and no refund of that 3% fee that was  collected up front on the cash advance) and finally to the purchases starting from the most recent back to the oldest one. Even the FAQ on my card site says in simple language  \"\"We apply payments and credits at our discretion, including in a manner most favorable or convenient for us.\"\" (see mhoran_psprep's answer). The moral is indeed what Dheer has already told you: do not carry a revolving balance on a credit card and if you have a revolving balance, pay it off as soon as possible,  Do not wait for the end of the grace period; if possible, pay it off the day the statement is  issued, or if you can make only a partial payment, make it as soon as possible.  Make multiple partial payments each month if you have cash flow problems, or improve your cash flow by forgoing one or more of the many Grande Vente Mocharino Espresso Lattes you consume each day.  Credit card debt is close to the worst kind of debt that you can have, and it is best to get out from under as soon as possible. Remember, there is effectively no grace period as long as you have a revolving balance on your credit card.  You are paying interest for every one of those days.\""}
{"_id": "526990", "title": "", "text": "True ... I left BofA about 2 years ago.  It wasn't easy but setting up new accounts at the credit union took an hour, then updating all my auto-payments took a few hours to change.  I left BofA up for a couple months just in case I missed something (I actually found I missed a CC auto-payment).  After those months, I called BofA and cancelled all my accounts.  Was it easy?  No, but you're right - it's work (and worth it!)."}
{"_id": "527001", "title": "", "text": "You raise several points. 1) Your citation on family income decline? 2) I'm not denying anything, I just think that if one was going to say 'toy sales are down because people have less money,' then that argument also should hold for other non-necessities, like apps. But that's seemingly not the case. IDC (December 2010): In 2010 these 300,000+ applications were downloaded 10.9 billion times. IDC predicts that global downloads will reach 76.9 billion in 2014 and will be worth US$35 billion. ABI Research (October 2011): Predicts that there will be 29 billion apps downloaded in 2011, up from 9 billion in 2010. In Q2 Android overtook Apple in terms of app downloads with 44 percent of downloads, compared to Apple\u2019s 31 percent. Revenue from apps:  Canalys (June 2011): Predicts that direct revenue from the sale of apps, in-app purchases and subscriptions across smartphones and tablets will be $7.3 billion in 2011 rising to $36.7 billion by 2015. I could not specifically find data on game apps, but given the overall rising tide of app sales it seems to follow that game apps would benefit from that, too."}
{"_id": "527002", "title": "", "text": "I have a PayPal account that I have linked to my bank account.  My PayPal balance is always $0.  When I make a purchase with PayPal, PayPal will automatically withdraw the funds from my bank account to make the purchase.   PayPal does not ask my permission for each purchase.  I probably gave them permission to do this when I linked my bank account.  Or perhaps the PayPal purchase process includes this permission.  I don't read the text closely.  Or I should add, that I probably read it at one point, but since I do it on a regular basis, I don't read it now, and I don't recall what is on the checkout page."}
{"_id": "527010", "title": "", "text": "\"the deadline for roth conversions is december 31st.  more precisely, roth conversions are considered to have happened in the tax year the distribution was taken. this creates a kind of loop hole for people who do an ira rollover (not a trustee-to-trustee transfer). technically, you can take money out of your traditional ira on december 31st and hold it for 60 days before deciding to roll it over into either another traditional ira or a roth ira. if you decide to put it in another traditional account, it is not a taxable event.  but if you decide to put it in a roth account, the \"\"conversion\"\" is considered to have happened in december. unfortunately non-trustee rollovers are tricky. for one, the source trustee will probably take withholding that you will have to make up with non-ira funds. and rollovers are limitted to a certain number per year. also, if you miss the 60-day deadline, you will have to pay an early-withdrawal penalty (with some exceptions). if you really want to push the envelope, you could try to do this with a 60-day-rule extension, but i wouldn't try it. source: https://www.irs.gov/publications/p590a/ch01.html oddly, recharacterizations (basically reverse roth conversions) have a deadline of october 15th of the year after the original roth conversion it is reversing. so, you could do the conversion in december, then you have up to 10 months to change your mind and \"\"undo\"\" the conversion with a \"\"recharacterization\"\". again, this is tricky business. at the very least, you should be aware that the tax calculations for recharacterization are different if you convert the funds into a new empty roth account vs an existing roth account with a previous balance. honestly, if you want to get into the recharacterization business, you can probably save more on taxes by converting in january before 20-month stock market climb rather than simply converting in the year your tax brackets are low. that is the typical recharacterization strategy. source: https://www.irs.gov/Retirement-Plans/Retirement-Plans-FAQs-regarding-IRAs-Recharacterization-of-Roth-Rollovers-and-Conversions\""}
{"_id": "527012", "title": "", "text": "Training minimum wage employees and making them fear getting fired is not a sound business model alone.     Minimum wages, minimum expectations.  If you expect quality from people but don't treat them with quality, well good luck.  In the real world, you get what you pay for.  There's only so many people willing to work at minimum wage.   Those people aren't going to care about your business."}
{"_id": "527037", "title": "", "text": "There is more than one kind of tax. It is a little confusing because in reality the tax revenues collected by the Government aren't earmarked to a particular usage based on where they came from, usually. Well, the Gov't often CLAIMS they do, but for all practical matters it all goes in a big bucket. So just because a business or individual isn't paying income taxes doesn't mean they aren't paying anything for the use of Government furnished infrastructure/services. You are limiting the scope of your question to Income Taxes, which are taxes paid on profits to a business or individual. It makes perfect sense that you wouldn't pay a tax on something you didn't get. However, you aren't considering taxes that ARE being paid even by a company that isn't profitable. For example consumption taxes, employment taxes, and other fees. That same company paid sales tax on all the supplies it purchased, and probably collected/paid sales taxes on anything it sold. To take one of your examples, it paid for its share of using the roads through Government imposed taxes on fuel.  Don't worry about the Government. They know how to get theirs. They might not pull it from your right pocket, but they will make sure to get it from the left."}
{"_id": "527067", "title": "", "text": "&gt; I don't know how the middle class with survive without them.   They wouldn't. Which is why the unionization re-revolution won't happen here. It will start in China and move back to our shores. That, or we'll see the dirty commies unionizing and redouble our hatred for them, finally bringing serfdom-fiefdom back into fashion."}
{"_id": "527076", "title": "", "text": "Question: are you saying that buying a call is better than buying a vertical spread regardless of fees, or only because of fees? If the former, you are saying that buying a call and selling a vertical spread will always be profitable, which effectively means you're going short an out-of-the-money call. While that's a good strategy, it doesn't guarantee profit, and will lose money exactly when the vertical spread is a better strategy than buying the call outright. The most direct answer to your question in comments: if the stock goes down, you lose less money with the vertical spread than you do with a simple call. In return for this lower risk, you give up gains if the stock goes above the higher calls strike price."}
{"_id": "527080", "title": "", "text": "The two answers given previously provide excellent information. In relation to your statement: If I buy the above future contract, does that mean I pay $1581.90 on June 13th You cannot buy the futures contract at that price. The 'price' you are seeing quoted is not a dollar value, but rather a value in points. Each contract has a point value, and this varies from one contract to another according to the specifications set out by the exchange. The point value is in dollars, and it therefore acts as a multiplier for the 'price' that you've seen quoted. Let's look at an example for the E-Mini S&P futures. These trade electronically on the Globex exchange, the ECN order book of the CME, and carry the ticker symbol ES.  The ES contract has a point value of $50. If the quoted price for the ES is 1581.75, then its dollar value is 50 x 1581.75 = $79,087.50 So in order to buy this contract outright, with absolutely no use of leverage, then one theoretically requires $79,087 in one's account. In practice though, futures are traded on margin and so only a deposit amount is required at the time of purchase, as CQM has explained."}
{"_id": "527081", "title": "", "text": "Yes, it's a term in economics. It is the economy that affects goods and services, and so the vast majority of the economy.   It contrasts with the paper economy, which is what goes on in the financial sector and speaks more about the virtual value in bonds, financial instruments, and shares."}
{"_id": "527090", "title": "", "text": "\"When one says that \"\"corporations are people\"\", in a legal sense, they are saying that they have the ability to enter into binding legal agreements in a manner similar to people. This allows corporations to do things like own a building or a car, or enter into a contract. This is so that an individual does not have to do so. This keeps individuals from being liable for the activities of the corporation (it also keeps the individual from running off the the corporation's car or selling the corporation's building).  If they are using it in any sense other than the legal sense, it's either hyperbole, ignorance, or pandering.  Now, if you set yourself up as LettersFromTheSky, Inc, then you would very well be able to get all the same tax deductions and benefits as a corporation. But you would also be liable for everything that a corporation is liable for (namely, a higher standard of reporting and different accounting methods).\""}
{"_id": "527105", "title": "", "text": "I would echo @Victor's comments. One book and 1000 web pages doesnt make you a good investor/trader. There are some basic things you should be aware of and read up on There are a few books that I would recommend I have been trading for over 10 years, my dad for over 30 years and we are both continually learning new things. Don't read one book and assume you know it all. Bear in mind that there are always new indicators being thought up and new ways of using and interpreting the same information, so keep reading and educating yourself."}
{"_id": "527120", "title": "", "text": "Yea read a few books or watch some videos on YouTube on fundamental analysis and try it using excel. It's probably not what you'll be doing if you get a degree in finance, and you might even end up in accounting like I did, but its a good place to start to see if you like it or not.  It also exposes you to accounting, business, the politics of business, taxation, financial statements, EDGAR and all the other interesting and important stuff.  You might want to pick up a study guide for the CPA exam BEC. Lots of very interesting stuff in there about business in general including how the board of directors works, and taxation. It's an awesome read."}
{"_id": "527148", "title": "", "text": "So you're 23 with no higher graduation, certificates etc which would allow you to study / training but with a high passion for logical thinking and math? Im 31 now, i was in a similar position back then when i was 23. The very best thoughts i want to throw you over: FORGET IT (AT LEAS THIS WAY) - You need cash equity (not borrowed) to even get a foot in the door (read on why) . The fact that you even consider to trade with a few hundred dollar shows how desperate you're, it would very likely result in loss, resignation and mental pain.  Let me get you a reality check: If you think you can quadruple your money within months with ease and no risk your wrong - this mindset is gambling - don't end up as gambler. To make 24K a year or 2K a month (taxes are not included) would mean 10% a month on a 20K account which would be almost impossible on a long run (show me a hedge-fund with that performance) - What do you do on draw down months - 3 months no profit would mean you're 8K behind - you wont make a living wit ha 20K account in a western civilization and normal lifestyle. Big question, how do you want to trade? Everything newsfeed / latency based is very hard to compete in. So called technical systems drawing lines, fancy indicators etc are bogus in my opinion (read taleb black swan). Trading/speculation based on fundamentals is a different animal - It to be able to do that you would need to understand the market you trade and what influences it, takes lot time, brainpower , tools ready (ugh, hard to write the picture on my mind). Im 31 years into trading now, seen so many faces come and most of them go in that time , to me it sounds like you quietly hope for a lotto ticket. To speak about hardware, ie the tools you need depends on your trading style (again a hint that a lot more study is needed. If you're really hooked, readreadread and get in touch with people - always question yourself."}
{"_id": "527199", "title": "", "text": "\"On the other side of the argument if you use your own capital you build a product that you own, not some random VC who doesn't care about anything but dollar signs.   Your chances of joining a successful startup are pretty slim. I would say the chances of you starting your own product/bootstrapping are also slim. The payoffs for owning what you create are priceless.  I think that for some people it's just easy to fall into the \"\"wage slave\"\" way of life, but that doesn't mean that ideals in the post are wrong.\""}
{"_id": "527230", "title": "", "text": "Agree with mjvcaj, it is rare. Larger cap examples include Nokia and NII Holdings (Nextel).  If cash exceeds market cap, that means total debt is greater than EV, the value of the operating assets. If the debt is partially repaid / matures, the equity is ok. BUT if management is crap and the cash is spent at an ROIC below the interest rate on the debt, now you have a situation where the net debt exceeds the value of the operating assets, the credit quality suffers, debt trades down, you need to recapitalize in order to avoid bankruptcy.  The above assumes debt is greater than cash. Situations where cash exceeds market cap and debt is less than cash (i.e. a negative EV) are exceedingly rare in larger companies and are either a) a wonderfully attractive mispricing or b) market views management as so awful that the cash will get burnt up by the business and the value of that cash will be destroyed."}
{"_id": "527231", "title": "", "text": "I suspect that the payments were originally due near the end of each quarter (March 15, June 15, September 15, and December 15) but then the December payment was extended to January 15 to allow for end-of-year totals to be calculated, and then the March payment was extended to April 15 to coincide with Income Tax Return filing."}
{"_id": "527247", "title": "", "text": "\"Hitting air-bridged systems has been done before. It requires copious resources, time and patience. [Stuxnet](https://en.wikipedia.org/wiki/Stuxnet#Operation) did it by infecting the windows system used to program the air bridged system, embedding itself on the code, which eventually got dumped onto a floppy, and finally crossed the \"\"air\"\" onto the issolated system.  But as I said, in this case the point is mute, cause once you gain physical access to the ATM, you gain access to the money.\""}
{"_id": "527261", "title": "", "text": "They do state that but it may not mean much. I just read an article where the former NJ attorney general warns that a legal contract like this would trump a statement from the marketing department saying the clause does not apply.   The article was on Bloomberg, I'd cite it if I wasn't too lazy right now."}
{"_id": "527287", "title": "", "text": "\"&gt; In a version of Romney's \"\"47 percent\"\" remarks, Siegel added that \"\"people like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for.\"\"   Yeah luxuries that he doesn't need like a military, police force, and fire department! Who needs education and health systems. Damn Poor people that overspent their paychecks thats who.\""}
{"_id": "527296", "title": "", "text": "JAMCO (A Division of Yukta Group Inc) have been in business since 1986 and were one of the first used truck wholesalers in the country. All our used equipment is stored in our clean heated warehouse. We take pride in the used forklifts we supply to forklift dealers all over the world and firmly stand behind the quality of equipment like Used Forklifts,used Lift Trucks,Industrial Battery Chargers,Pallet Jacks."}
{"_id": "527305", "title": "", "text": "\"*Moving your text out of order for (I hope) clarity*  &gt; Because... (it) is a violation of the social contract. I'm quite sure I explained this already multiple times.  You've not explained, you just keep repeating your assertion.  You say \"\"The social contract is X\"\" and I ask, \"\"Why must it be X\"\" and you respond, \"\"Because the social contract is X.\"\"  Let me try a different approach.  &gt; Because the only modern justification for the existence of a nation is the social contract.  I disagree.  I think a nation can exist for whatever reason it's populace decides and today, more often than not, it includes providing for the welfare of it's citizens.  What do you think prevents a social contract from being so?  &gt; Exactly. That's why we have the social contract...  Great! It sounds like you now agree that a modern government is required for capitalism to exist.  &gt; Please elaborate as to why that is a problem in the first place.  Because it makes for an unstable system which will hurt the welfare of the people which is opposed to my definition of the social contract.\""}
{"_id": "527311", "title": "", "text": "So here's the thing that everyone seems to forget: I bought Netflix to watch MOVIES. Original content is great and all but they started off trying to provide a service and then just abandoned that service to essentially become their own TV network. If I'm bored at home and want to watch A Few Good Men, for example, I can't fire up my Netflix subscription so I'm off to the video store instead, which is exactly the thing I was trying to avoid by subscribing to Netflix."}
{"_id": "527318", "title": "", "text": "Assuming you have registered your activities as partnership and receiving this money as Individual, you need to show this under Schedule OS, 1d [other income]. this will be under the ITR-2 [tab CG-OS] XLS tax preparation utility given by Tax Department. The XLS can be found at https://incometaxindiaefiling.gov.in/portal/individual_huf.do If the funds you are receiving are large [more than say Rs 500,000] then suggest you incorporate a partnership firm or company, there are quite a few exceptions you can claim lowering you tax outgo.  The fact that you are transferring funds to your partners can be an issue incase you get audited. You would need to have sufficient evidence to show that the money paid was for services rendered directly and not your income. It would be easier if you create a partnership or have the client directly pay to them. Again if the sum is small its fine, as the sum becomes large, it would get noticed by the tax authorities."}
{"_id": "527320", "title": "", "text": "\"&gt;It was a discussion about revenue recognition from the sales of iPhones, and whether it would be better for Apple if the regulation was changed to allow immediate recognition rather than deferring the income... My argument is that it didn't matter one bit, because nothing is changing about how the company is actually run. Cash flow in and out of the company doesn't change... The Accounting majors largely disagreed with me, while the Finance majors largely agreed.  There are too many ways to \"\"buy\"\" an iPhone. While some assumptions could be made to make revenue recognition more uniform, cash flow could be wildly different and isn't guaranteed based on the number of units sold. If everyone paid in full with cash, this wouldn't be the case. However, the large majority of iPhone owners acquire their phones via carrier subsidy with another major group buying them on payment plans either from their carrier or directly from Apple.\""}
{"_id": "527327", "title": "", "text": "Do you need to put down 25% on a conventional loan? Conventional loans can be done with 5%, 10%, or 20% down (if you're willing to pay PMI for the <20% down scenario). If you don't like FHA's terms, don't do an FHA loan.."}
{"_id": "527340", "title": "", "text": "I'd say it's a limitation of your bank. Every bank I've ever used had instant transfers between accounts at the same bank."}
{"_id": "527344", "title": "", "text": "Yes you can deposit money into your credit card. When you make a repayment of your credit card bill you are making a deposit into it and it will show up as a credit on your statement. If you get a refund for an item you returned this will also be listed as a credit on your statement."}
{"_id": "527356", "title": "", "text": "&gt;Everybody should have a second chance to try again.  This is such an important principle in the U.S. that it's engrained in the [U.S. Constitution, article I, section 8](http://www.usconstitution.net/xconst_A1Sec8.html) : *The Congress shall have power to. . . establish . . . uniform Laws on the subject of Bankruptcies throughout the United States*."}
{"_id": "527363", "title": "", "text": "\"Many thanks for thedetailed  response, appreciate it. But I am still not clear on the distinction between a public company and the equity holders. Isn't a public company = shareholders + equity holders? Or do you mean \"\"company\"\" = shareholders+equity holders + debt holders?\""}
{"_id": "527373", "title": "", "text": "This is called him trying to screw your friend.    50k isn't a lot either, I'd hit up friends, family, try to get a government grant or even a bank loan first.  Also hit up some more reputable VCs, or even just raise the money himself."}
{"_id": "527407", "title": "", "text": "I understand what they are doing, and certainly don't disagree with your assessment.  HOWEVER, what I'm saying is that people are going to buy Birkenstock's on Amazon with or without the CEO's permission and thus with or without legit Birkenstocks (Read counterfeit).  My point is that they can either capture that distribution channels themselves or someone else will.  When American's buy shoes now, its turning more and more to online distribution.  Ignoring an online distribution channel is the same as ignoring cell phones if you're a pay phone provider.  All I'm saying is he can get on board or get out of the way."}
{"_id": "527416", "title": "", "text": "If i look to the future ,i see the general retail revenue growing pretty slowly, but the online retailers growing fast. Why ?   First, they grew historically around 20% per year for the last few years.  Second there's a lot of big important innovation. Amazon prime, Tablets and phones as great sales tools and comparison tools(and they're becoming common), Ebay investing heavily in logistics to enable small non u.s. companies to sell onshore without big shipping costs, Online apparel shopping improving rapidly and maybe becoming competitive with offline shopping,using social networks for shopping, interesting new models to sell merchandise online like etsy, subscription shopping and the the general rate of internet innovations.   Third, people are improving in their e-commerce capability and trust.  On the other hand , i don't see any big growth opportunity for brick and mortar retailers.So it means they'll shrink.  The problem is that retail is a low margin business. That means that losing 5-15% percent of revenue  is enough to close you , because you have a lot of fixed costs(rent, employees, financing the goods)."}
{"_id": "527433", "title": "", "text": "The reason this sort of question gets asked over and over again is because it's initially difficult to comprehend how you can possibly be scammed if you have no money in your bank account. Perhaps this would make it easier to understand: Someone approaches you in the parking lot of a mall and says, Excuse me, complete stranger, please take this $100 bill and go buy me a pair of $50 shoes at the shoe store. Then go buy whatever you'd like with the rest of the money. Sounds like a good deal, right? The $100 bill is counterfeit. If it were not, the person would buy the shoes themselves. It doesn't get any simpler than that."}
{"_id": "527443", "title": "", "text": "Interest rates do generally affect house prices but other factors do too, especially the unemployment rate. However, everything else being equal, when interest rates drop, it makes the borrowing of money cheaper so tends to stimulate the economy and the housing market, increasing the demand for houses and generally causes house prices to increase (especially if the supply of new housing doesn't increase with the demand). When interest rates go up the opposite happens. Usually interest rates go down in order to stimulate  a slowing economy and interest rates go up to slow down an overheated economy. Regarding your situation you are able to get a 30 year fixed rate at today\u2019s interest rates (in Australia the longest fixed rate you can get is for 10 years and the rate is usually 1 or 2 percent higher than the standard variable rate. Most people here go for the variable rate or a fixed rate of between 1 to 3 years). This means that even if rates do go up in the future you won't be paying a higher rate, which is a positive for you. You are buying the house to live in so as long as you can keep making the repayments you should not be too worried if the price of the house drops sometime in the future, because if your house has dropped and you want to sell to buy another house to live in, then that house would have also dropped relative to yours (give or take). So your main worry is that rates will go up causing both house prices to fall and unemployment to rise, and you yourself losing your job and eventually your house. It is a risk, but what you need to consider is if you can manage that risk. Firstly, I believe rates won't be going up in the US for a number of years, and if and when they do start going up they will most probably start going up slowly. So you have some time on your side. Secondly, what can you do between now and when interest rates do start going up in a few years: Try to put more saving away to increase your safety net from 6 months to 12 months or more, or make extra repayments into your home loan so that you are ahead if things do go wrong. If you are worried that you could lose your job, what can you do to reduce your chances of losing your job or increasing your chances of getting a new job quickly if you do lose it? Improve your current skills, get new skills, become an invaluable employee, or look at possible opportunities to start your own business. Do your own research on the types of houses you are looking at buying, the more houses you look at the better prepared you will be when the right house at the right price comes along, and the less chance that you will be rushed into buying what might be an overpriced house. So to sum it up; do as much research as you can, have an understanding of what your risks are and how you are going to manage those risks."}
{"_id": "527470", "title": "", "text": "Does the market automatically assume a rescheduled call means something major, like the auditors aren't signing the financials, is going on? Yes. (If so, why?) People - including investors - are emotional. And suspicious. And paranoid. Financial discussions tend to make everything sound like a cold, clinical science, and to some degree that is true. But you should never look past something much more simple - people are people. And of course, once all is said and done, acts like a reschedule often do mean something is up. So you've now got a nice mix of fact and emotion.   Does it mean that 95% of the shares' holders are insiders who all decided to sell when they learned about whatever is causing the delay in the con call? No. See Littleadv's answer."}
{"_id": "527489", "title": "", "text": "\"I agree with Joe Taxpayer that a lot of details are missing to really evaluate it as an investment... for context, I own a few investment properties including a 'small'  10+ unit apartment complex. My answer might be more than you really want/need, (it kind of turned into Real Estate Investing 101), but to be fair you're really asking 3 different questions here: your headline asks \"\"how effective are Condo/Hotel developments as investments?\"\" An answer to that is... sometimes, very. These are a way for you-the investor-to get higher rents per sq. ft. as an owner, and for the hotel to limit its risks and access additional development funding. By your description, it sounds like this particular company is taking a substantial cut of rents. I don't know this property segment specifically, but I can give you my insight for longer-term apartment rentals... the numbers are the same at heart. The other two questions you're implying are \"\"How effective is THIS condo/hotel development?\"\" and \"\"Should you buy into it?\"\" If you have the funds and the financial wherewithal to honestly consider this, then I am sure that you don't need your hand held for the investment pros/cons warnings of the last question.  But let me give you some of my insight as far as the way to evaluate an investment property, and a few other questions you might ask yourself before you make the decision to buy or perhaps to invest somewhere else.  The finance side of real estate can be simple, or complicated. It sounds like you have a good start evaluating it, but here's what I would do: Start with figuring out how much revenue you will actually 'see': Gross Potential Income: 365 days x Average Rent for the Room = GPI (minus) Vacancy... you'll have to figure this out... you'll actually do the math as (Vacancy Rate %) x GPI (equals) Effective Potential Income = EPI Then find out how much you will actually pocket at the end of the day as operating income: Take EPI (minus) Operating expenses ... Utilities ... Maintenace ... HOA ... Marketing if you do this yourself (minus) Management Expenses ... 40% of EPI ... any other 'fees' they may charge if you manage it yourself. ... Extra tax help? (minus) Debt Service ... Mortgage payment ... include Insurances (property, PMI, etc) == Net Operating Income (NOI) Now NOI (minus) Taxes == Net Income Net Income (add back) Depreciation (add back) sometimes Mortgage Interest == After-tax Cash Flows There are two \"\"quickie\"\" numbers real estate investors can spout off. One is the NOI, the other is the Cap Rate.  In order to answer \"\"How effective is THIS development?\"\" you'll have to run the numbers yourself and decide. The NOI will be based on any assumptions you choose to make for vacancy rates, actual revenue from hotel room bookings, etc. But it will show you how much you should bring in before taxes each year. If you divide the NOI by the asking price of your unit (and then multiply by 100), you'll get the \"\"Cap Rate\"\". This is a rough estimate of the rate of return you can expect for your unit... if you buy in.  If you come back and say \"\"well I found out it has a XX% cap rate\"\", we won't really be qualified to help you out. Well established mega investment properties (think shopping centers, office buildings, etc.) can be as low as 3-5 cap rates, and as high as 10-12. The more risky the property, the higher your return should be. But if it's something you like, and the chance to make a 6% return feels right, then that's your choice. Or if you have something like a 15% cap rate... that's not necessarily outstanding given the level of risk (uncertain vacancies) involved in a hotel.  Some other questions you should ask yourself include:  How much competition is there in the area for short-term lodging? This could drive vacancies up or down... and rents up or down as well How 'liquid' will the property (room) be as an asset? If you can just break even on operating expense, then it might still make sense as an investment if you think that it might appreciate in value AND you would be able to sell the unit to someone else.  How much experience does this property management company have... (a) in general, (b) running hotels, and (c) running these kinds of condo-hotel combination projects? I would be especially interested in what exactly you're getting in return for paying them 40% of every booking. Seasonality? This will play into Joe Taxpayer's question about Vacancy Rates. Your profile says you're from TX... which hints that you probably aren't looking at a condo on ski slopes or anything, but if you're looking at something that's a spring break-esque destination, then you might still have a great run of high o during March/April/May/June, but be nearly empty during October/November/December.  I hope that helps. There is plenty of room to make a more \"\"exact\"\" model of what your cash flows might look like, but that will be based on assumptions and research you're probably not making at this time.\""}
{"_id": "527500", "title": "", "text": "But the source is important when you consider that it's strategic. As in, Amazon has profitted from the patent wars up until now, but now that they are planning to make a move into smart phones where they don't have as much ammunition, they want everyone to play nice."}
{"_id": "527519", "title": "", "text": "First, the earnings are per year, not per quarter.  Why would you expect to get a 100% per year return on your money? The earnings can go one of two ways. They can be retained, reinvested in the company, or they can be distributed as a dividend. So, the 'return' on this share is just over 5%, which is competitive with the rate you'd get on fixed investments. It's higher, in fact, as there's the risk that comes with holding the stock."}
{"_id": "527521", "title": "", "text": "No one takes Roubini seriously because he's always predicting failure. If I constantly predicted failure, it's kind of dump to trumpet it as a success when failure occurs once every 5-7 years.  Oh look, we're just about 5 years past the last failure, time to bring out the old corpse again."}
{"_id": "527522", "title": "", "text": "\"The answer to your question is Forex trading.  You can get to 250K quicker than any other \"\"investment\"\" scheme.  You'll just need to start with at least 500K.\""}
{"_id": "527571", "title": "", "text": "Then why do countries with single payer health plans see the cost for medical services increase beyond the rate of inflation every year?   [Seriously, just look at these numbers.](http://www.towerswatson.com/assets/pdf/3585/Towers-Watson-Global-Medical-Trends-Svy-Rpt.pdf)  It doesn't matter that they spend less of apercent of GDP on health care than us, because the net effect of thier models cause cost inflation that increases that percentage, just like ours. You could transplant thier model to the US and still see the same upward momentum. It is mathematically unsustainable."}
{"_id": "527581", "title": "", "text": "Option 2. Selling the car yourself will give you the best value, especially if you can get its full value. This will cost you time, but will return much better return for your money. Also, I would strongly recommend buying a used car from a private owner (not a dealer), rather than buying a new car. For $14,000 in cash you can probably get a car like a 2013 Ford Fusion that has excellent all-wheel drive and winter handling. A new Fusion, loaded, will cost at least $25,000 from a dealer. If you buy a 2013 car outright from a private owner, you will have NO PAYMENTS and can spend that money on investments and build your wealth."}
{"_id": "527582", "title": "", "text": "Two choices:  1.  Sell everything you have and move to North Korea.  2.  Questions regarding loans, refinancing, mortgages, credit cards, investing and anything else that may be related to personal finance should be directed towards the subreddit /r/personalfinance. You will receive a probation (temporary ban) for disregarding this rule."}
{"_id": "527583", "title": "", "text": "Unfortunately the answer is, almost none. Almost everything has a risk of decreasing; but given your short time horizon and presumably given that you want back your principal in full, plus a little bit, you have few choices. (Some of the following may be Canadian specific terms, but hopefully they are generic enough to apply) Savings accounts, money-market funds and the like should be available at any bank.  Interest won't pay you much right now, but the money should be safe (I presume Israel has some kind of deposit insurance for normal bank accounts?) Slightly more risky would be a short-to-maturity bond or stripped bond coupon.  The entry amount of money for one of these may be more than you have on hand, or the setup fee for an investment account might be more than you want to bother with for a one-off investment. Given that you seem to indicate that you might need access to the money during the time-frame in question, the bank-account option seems to be the only one really available."}
{"_id": "527592", "title": "", "text": "\"In the United States, yes it will generally cover suicide. However there is usually a \"\"suicide clause\"\":  Usually, this clause states that no death benefit will be paid if the   insured commits suicide within two years of taking out a policy. Whenever an insured person replaces an existing life insurance policy   with a new one, the time clock for the suicide clause is set back to   zero and starts over again. It also depends on the policy, state, etc.\""}
{"_id": "527597", "title": "", "text": "You don't mention how much money you are talking about but one option is to use reward checking accounts that are FDIC/NCUA insured. They pay 3-4% interest but generally have a few requirements such as 10-12 debit card transactions and sometimes require direct deposit as well as a limit of 10-50k deposits earning the top rate."}
{"_id": "527602", "title": "", "text": "Regardless of your thoughts on what was happening in late 2012, financial prices should not be used as the sole barometer of a recovery...this is why the Fed uses tons of macroeconomic data, not just that BAC has been up 20% in the last 6 months.   My point is if you are going to tout what seems to be a market timing model, where the authors are proud of the fact that the entire thing is data mined,  you need strong out of sample evidence (over a few business cycles) that it works.  Nothing here comes close"}
{"_id": "527618", "title": "", "text": "Can you afford to replace your home if it suffers major damage in a fire or earthquake?  Is your home at risk of flooding?  In the United States, one can purchase insurance for each of these risks, but the customer has to ask about each of them.  (Most default American homeowners policies cover fire and wind damage, but not earthquake or flooding.  I am not sure about hurricane or tornado damage.) Your most cost-effective insurance against fire, earthquake, or flood damage is to prevent or minimize such damage.  Practical measures cannot completely eliminate these risks, so homeowners' insurance is still a good idea (unless you are so rich you can easily afford to replace your home).  But you can do things like: Your most cost-effective health insurance is to have clean water, wash your hands before handling food, eat healthily (including enough protein, vitamins, and minerals), exercise regularly, and not smoke.  Your medical insurance can cover some of the inevitable large medical expenses, but cannot make you healthy."}
{"_id": "527619", "title": "", "text": "Hardcore conservative libertarians are also called [Minarchists](https://en.wikipedia.org/wiki/Minarchism). A lot of Ron Paul fans hold to this ideology.   *This idea that the government has services or goods that they can pass on is a complete farce. Governments have nothing. They can't create anything, they never have.* - Ron Paul.  Also this: http://politicaloutcast.com/2012/07/governments-dont-make-wealth-they-just-take-yours/  And further research shows that the Cato Institute has this position.   *increasing government spending will damage the economy.* - http://www.cato.org/publications/commentary/vote-higher-taxes-now-regret-it-later"}
{"_id": "527620", "title": "", "text": "you wouldn't have to pay income taxes on the portion for health insurance.  think of high deductible health plans - the employer puts the deductible into a healthcare savings account which is tax free as long as it's for medical care.  right now you can also deduct the portion of your overall expenses that are medical over a portion of your income.  2 issues with your idea, though -  1.  right now, there are people who can't get health insurance except through an employer.  send them out into the marketplace and they will get turned down.  obamacare is supposed to fix this, but if Romney is elected, it will continue. 2.  healthcare inflation rises much higher than regular inflation, so if your benefits were included as part of wages and you had to buy it on your own, you would face a continually decreasing amount of money over time to purchase healthcare - a spiral.  this is the issue that many have with the voucher system the republicans are proposing for medicare - the voucher will rise at inflation, while healthcare rises much higher than inflation - right now I think it's a difference of 1% versus 8-9% off the top of my head.  also, for many industries, it's in the best interest of the company to have a healthy workforce."}
{"_id": "527636", "title": "", "text": "You only have to hold the shares at the opening of the ex-dividend date to get the dividends. So you can actually sell the shares on ex-dividend date and still get the dividends. Ex-dividend date occurs before the record date and payment date, so you will get the dividend even if you sold before the record date."}
{"_id": "527654", "title": "", "text": "\"If you don't have a margin account, then you will not have margin calls. You need a margin account if you wish to \"\"buy on margin\"\", to sell stocks \"\"short\"\", or to sell options, or maybe some other esoteric things I have not thought of.  If you don't do those things, then you do not need a margin account and will not get margin calls. In your example, it doesn't sound like margin has been used, If you deposit $20 and used it to buy $20 of stock and it then falls to $5, \"\"they\"\" did not lose the money, you did.  But if no margin was used, then no margin call would result.\""}
{"_id": "527657", "title": "", "text": "\"C\u00e2u chuy\u1ec7n v\u1ec1 m\u1ed9t ng\u01b0\u1eddi \u0111\u00e0n \u00f4ng 26 tu\u1ed5i \u1edf bang Arizona (USA) sau khi ra ngo\u00e0i m\u00e0 kh\u00f4ng \u0111em theo ch\u00eca kh\u00f3a, anh ta \u0111\u00e3 n\u1ea3y sinh ra 1 quy\u1ebft \u0111\u1ecbnh v\u00f4 c\u00f9ng t\u00e1o b\u1ea1o \u0111\u00f3 l\u00e0 chui v\u00e0o nh\u00e0 qua \u0111\u01b0\u1eddng \u1ed1ng kh\u00f3i nh\u01b0 1 \"\"\u00f4ng gi\u00e0 Noel \"\" Tuy nhi\u00ean sau khi anh ta leo l\u00ean m\u00e1i nh\u00e0 v\u00e0 chui v\u00e0o trong \u1ed1ng kh\u00f3i th\u00ec anh ta \u0111\u00e3 kh\u00f4ng th\u1ec3 t\u1ee5t \u0111\u01b0\u1ee3c xu\u1ed1ng v\u00e0 m\u1eb7c k\u1eb9t \u1edf trong \u0111\u00f3 4 ti\u1ebfng \u0111\u1ed3ng h\u1ed3 m\u1edbi \u0111\u01b0\u1ee3c ph\u00e1t hi\u1ec7n. \u0110\u1ed9i c\u1ee9u h\u1ed9 ph\u1ea3i m\u1ea5t kho\u1ea3ng 30 ph\u00fat m\u1edbi \u0111\u01b0a \u0111\u01b0\u1ee3c anh ta ra ngo\u00e0i. C\u00e2u chuy\u1ec7n c\u1ea3nh t\u1ec9nh m\u1ecdi ng\u01b0\u1eddi \u0111\u1eebng h\u00e0nh \u0111\u1ed9ng m\u1ed9t c\u00e1ch n\u00f4ng n\u1ed5i thi\u1ebfu suy ngh\u0129 s\u1ebd c\u00f3 th\u1ec3 g\u1eb7p tr\u1eafc tr\u1edf b\u1ea5t c\u1ee9 l\u00fac n\u00e0o.\""}
{"_id": "527669", "title": "", "text": "What is the definition of work here. With no running water you would ha e to fetch water multiple times a day,.  A cold night would Mean a sleepless night ensuring the fire continues to. Be lit.    And the list would go on. I think we are over estimating just how much leisure time ancient man had.  But at the same time no one is stopping you from living that lifestyle."}
{"_id": "527698", "title": "", "text": "\"We change it every so often to reduce fraud. If you're absolutely sure you didn't just send money to a scammer impersonating a landlord, this has nothing to do with fraud-- they're playing a game with you. By changing the account number frequently, it makes it more likely you make a mistake in entering the payment account. When they come back to you a few days past due saying \"\"we never received your rent,\"\" you'll eventually realize it got sent to the wrong account. Now you owe them late fees, and there's really nothing you can do about it-- you did not in fact pay them on time; you sent it to the wrong account! It's an easy way for them to collect an additional few thousand dollars a year. Anytime a small business or landlord says they have to do something \"\"weird\"\" to reduce fraud, chances are it's a pretense to you getting hosed in some way.\""}
{"_id": "527713", "title": "", "text": "Unless you spend a lot of money on the TD Gold Elite Visa, and are interested in the Deluxe TD Auto Club, the $99 annual fee is probably not worth it. Instead, the Citi Enrich MasterCard provides the same 1% cash back on all purchases without an annual fee. There's also an unadvertised Platinum version of the card, which includes other perks like car rental insurance, etc. From what I calculated a while back, The PC Financial MasterCard PC Points system works out to a 1% return as well. Unless there are extra deals like 5x point sales that I'm not aware of, cold hard cash would be a better option. Also check out the RFD Credit Card Head to Head article for way more options."}
{"_id": "527730", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.dailymail.co.uk/news/article-4700008/City-London-accuses-France-plot-wreck-Britain.html) reduced by 94%. (I'm a bot) ***** &gt; France has boasted to City of London chiefs that it will use Brexit to sabotage the British economy, according to a bombshell leaked memo.  &gt; The memo was written after the City of London&amp;#039;s Brexit envoy - former Home Office Minister Jeremy Browne - held talks in Paris earlier this month at the French finance ministry, state-owned Banque de France, the French Senate and the British Embassy.  &gt; He became the City of London Corporation&amp;#039;s Brexit envoy on a six-figure salary after losing his Commons seat in 2015.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nkhic/city_of_london_accuses_france_of_plot_to_wreck/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~167837 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Brexit**^#1 **French**^#2 **City**^#3 **France**^#4 **Britain**^#5\""}
{"_id": "527753", "title": "", "text": "\"They licensed it from another business entity which, presumably, owns them.  I mean, if Starbucks UK could decide tomorrow, \"\"hey, Starbucks USA is charging us too much for this damn logo, we're gonna rename ourselves Benedicts\"\" and they were able to rebrand and put up new logos and signage at all their stores\u2026 well, then, if that allowed them to *stop* paying this licensing fee then I guess I'd be cool with them *choosing* to continue to pay it. But I suspect that's really not the case, is it?  So I appreciate this is a *hugely* complicated business, but I think there should be limitations on intellectual property licensing to wholly- or majority-owned subsidiaries. It allows companies to charge what they like and do what they like, with no reference to the market value of that intellectual property.   I don't get to vote for Romney, because I'm in the UK.\""}
{"_id": "527758", "title": "", "text": "\"De fleste yrkes [svindel](http://koyaltraininggroup.blogspot.nl/) blir oppdaget av et anonymt tips, sier ekspertene, og svindel rapporteringsmekanismer som krisetelefon oppfordres som effektivt middel for \u00e5 avdekke og nedsl\u00e5ende [ansatt svindel](http://www.insurancejournal.com/magazines/features/2014/01/13/316357.htm).   The Association of Certified [Fraud](http://www.scribd.com/koyaltraininggroup) Examiners (ACFE) anbefaler at krisetelefon skal kunne motta tips fra interne kilder s\u00e5 vel som fra de utenfor organisasjonen. Den som ringer m\u00e5 v\u00e6re trygg p\u00e5 at deres kommentarer er anonyme og konfidensielle, og vil bli lyttet til. Det er ogs\u00e5 nyttig hvis de blir overv\u00e5ket av en tredjepart organisasjon.  \"\"Dette er sv\u00e6rt viktig i en organisasjon, at hvis du pr\u00f8ver \u00e5 forhindre svindel som du har en sterk hotline, spissen linje, og at det er svart p\u00e5 riktig m\u00e5te,\"\" sier Mark Senker, president i Purcellville, Va.- baserte internasjonale risikostyring fast, senker &amp; Associates.  \"\"Oftest den f\u00f8rste samtalen som kommer inn et tips linje ... er en test,\"\" sa han. \"\"Du kommer ikke til \u00e5 f\u00e5 god informasjon. Den som ringer er virkelig teste for \u00e5 se om de kommer til \u00e5 betale noen oppmerksomhet til dette. ... Det er ikke f\u00f8r i andre eller tredje anrop at du virkelig kommer til \u00e5 f\u00e5 noe informasjon. \"\"  Organisasjoner som har anti-svindel oppl\u00e6ringsprogrammer p\u00e5 plass generelt opplever lavere tap og mindre langvarige svindel, if\u00f8lge ACFE. Foreningen anbefaler at ansatte, ledelse og ledere b\u00e5de trenes til \u00e5 gjenkjenne falske handlinger og utdannet p\u00e5 hvordan \u00e5 rapportere tvilsom aktivitet.  [The Koyal Group Private Training Services](http://koyaltraininggroup.org/) design sin online og oppl\u00e6ring p\u00e5 stedet til dine spesielle behov, gi informasjon kan du s\u00f8ke mens du er i trening for \u00e5 styrke effektiviteten av denne informasjonen. V\u00e5re kurs kvalifiserer statlige standarder b\u00e5de for bedrageri og videreutdanning-utdanning oppgradering. V\u00e5re programmer er tilpasningsdyktig og kan presenteres i ulike formater for \u00e5 m\u00f8te industriens krav og standarder. Vennligst bes\u00f8k og sjekk v\u00e5re kurs oppf\u00f8ringer.\""}
{"_id": "527759", "title": "", "text": "OK: here are some thoughts:"}
{"_id": "527760", "title": "", "text": "well it worked with food and cars and everything else, its all GMO poison and plastic dog shit made by china,of course the schools would adopt the same model, dog shit education and getting ready for a job that pays enough to lmove out of moms house by the time your 35 or 40, great system if your satan living it up, like these over paid communists are, cant wait til there all beheaded"}
{"_id": "527776", "title": "", "text": "For tax purposes you will need to file as an employee (T4 slips and tax withheld automatically), but also as an entrepreneur. I had the same situation myself last year. Employee and self-employed is a publication from Revenue Canada that will help you. You need to fill out the statement of business activity form and keep detailed records of all your deductible expenses. Make photocopies and keep them 7 years. May I suggest you take an accountant to file your income tax form. More expensive but makes you less susceptible to receive Revenue Canada inspectors for a check-in.  If you can read french, you can use this simple spreadsheet for your expenses. Your accountant will be happy."}
{"_id": "527782", "title": "", "text": "1% is below interchange, so you either 1) take mostly debit, 2) have someone willing to literally lose money paying the banks for you, or 3) have hidden/padded fees somewhere else.  Edit: Or 4) Have customers pay the fees through surcharging."}
{"_id": "527786", "title": "", "text": "There are a few flaws in your reasoning: I know my portfolio will always keep going up, No, it won't.  You'll have periods of losses.  You are starting your investing in a bull market.  Do NOT be fooled into believing that your successes now will continue indefinitely. The more risky your portfolio, the bigger the losses.  The upside of a risky portfolio is that the gains generally outweigh the losses, but there will be periods of losses. I honestly don't believe that it's possible for me to end up losing in the long term, regardless of risk. I think you vastly underestimate the risk of your strategy and/or the consequences of that risk.   There's nothing wrong with investing in risky assets, since over time you'll get higher-than-average returns, but unless you diversify you are exposing yourself to catastrophic losses as well."}
{"_id": "527810", "title": "", "text": "If you expect a significant increase in future income, then you should wait until that future income is assured, and then buy based on that decision. Buying more house than you can afford is what caused you to have to sell; you don't want to do that again. Instead of buying more house now, buy the right house for what you have now.   Better yet, though, you might rent instead of buying until the future income comes onboard.  Then you can get the best of both worlds - you get to buy the house you can afford in a year or two, but also don't overspend your income."}
{"_id": "527816", "title": "", "text": "You know what's funny about that is while your correct in that he can't influence directly the way he wants to he still influences it tremendously almost by mistake.  I remember when Mitt Romney lost the dow dropped tremendously as if we had just elected the head of a communist party.  God Damned speculators!"}
{"_id": "527836", "title": "", "text": "We understand that social media can be a tough area for many businesses, let us help drive some holiday buzz your way. Enter to win a free 5-week holiday social media campaign on us.   The Clear Agency is a full service advertising agency offering strategic marketing solutions. For more information visit us at http://www.theclearagency.com"}
{"_id": "527884", "title": "", "text": "I personally use mint.com and find the alerting feature to be handy.  The reports and ledger are nice for a web page and attractive, but I use Quicken for really keeping track of my money and budget.  Mint.com just doesn't offer the depth I want; but a lack of depth is a feature for some people. The one thing I do is to check my accounts online every couple of days (not just via mint's interface).  I am still protected from fraud if someone steals my money regardless of the vector of attack.  So mint's fault or not, I have to keep on top of my outgoing and incoming transactions with frequency so I can stop problems before they get too deep. summary:  the security is important, but being secure or not doesn't absolve me of being aware of all the transactions on my account.  I will still be protected by consumer laws (as much protection as that is) but I can't expect mint to fix any problems it might cause."}
{"_id": "527887", "title": "", "text": "We aren't faking it. IT is an extremely complex job so we often have to learn or relearn a technology at the whim of some bean counter because they want to save a few bucks or a junior executive because they attended a seminar and want to try that cool new thing they heard about (cough, DevOps, cough...)"}
{"_id": "527894", "title": "", "text": "The Sharpe ratio is, perhaps, the method you are looking for.  That said, not really sure beta is a meaningful metric, as there are plenty of safe bets to be made on volatile stocks (and, conversely, unsafe bets to be made on non-volatile ones)."}
{"_id": "527901", "title": "", "text": "Here at Supplements Wise Ltd, we have Maca Root extract supplements tailored for parents who want to have children. The supplement contains free fatty and amino acids that are known to enhance the fertility of both women and men. Taking Maca Root extract also improves health and balances the hormones. Visit us at https://www.supplementswise.com/ for more details."}
{"_id": "527904", "title": "", "text": "Argentina's rampant inflation is due to the reckless fiscal and monetary policy that Christina Fernandez and her worthless socialist ilk enacted.  No surprise here.  They are literally running out of other people's money and can't run the printing presses fast enough."}
{"_id": "527905", "title": "", "text": "Not saying it is bad, just saying they put a positive spin on it when in fact it just something that makes good business sense.   Both you and I know that Reddit is filled with people complaining about minimum raise and earning a living...etc. This article paints Costco as the good guy, but overall it means one guy gets a well paying job while another one gets no job at all."}
{"_id": "527912", "title": "", "text": "Generally speaking, you don't get the sign-up bonus when you product change to another card. The right thing to do in your case is:"}
{"_id": "527924", "title": "", "text": "&gt; But in a metro area that ranks in the bottom 10 for educational achievement, and where $10-12 an hour is considered good pay, that's not what they're going to get.  Sad, but true. Not sure why so many people don't want to educate themselves and to do better."}
{"_id": "527929", "title": "", "text": "\"I've found at various times we've spent a lot less when we've been absorbed by \"\"cheap pastimes\"\" or passions, such as: It's incredible how fast some things can burn through your money:\""}
{"_id": "527939", "title": "", "text": "\"The Roth vs not debate is irrelevant to the question. It doesn't matter where your emergency fund is kept, as long as it is liquid and safe. I said it before in an answer to another question: your emergency fund is not an investment -- it's your safety net This answer also says it well: an \"\"emergency fund\"\" is just that... for emergencies... NOT investment. While it \"\"hurts\"\" not to have your emergency money making more money... its MORE IMPORTANT to have quick access to it. So at TD Ameritrade, just park it in their FDIC deposit account. It will not earn any meaningful interest (at least until rates rise), but you'll be able to have access to it when you need it. Note that I would caution against putting it in a money market mutual fund. They're safer than many other investments, but they're not FDIC insured against loss and there is a potential for temporary loss of liquidity. In late 2008 when the credit markets collapsed, a lot of people suddenly became unemployed -- and needed access to their emergency funds. When Lehman Brothers went bust in September, the Reserve Primary Fund (with billions of dollars in their fund) \"\"broke the buck\"\" -- they lowered the price of shares below $1, meaning investors lost principal. The worst part is that investors were not as liquid as they wanted to be: the fund froze and it was hard to get money out. The lesson to take away from this is that one of the times you're likely to need access to your emergency fund is during a macroeconomic crisis. This is also the time when any investment that isn't guaranteed safe may potentially be (at least temporarily) unavailable or decline in value. Emergency funds should be 100% government insured. When you have your Roth funded to the point where there's extra money beyond the emergency fund, you can start investing in higher-yielding vehicles: stock or bond index ETFs would be a good start. But then that part of your Roth starts to look like a retirement account and not an emergency fund. If it were me, I'd open a Roth at a stable local bank and just keep it in their FDIC insured money market deposit account. Then if I wanted a slight boost, I might put the \"\"upper half\"\" of my emergency fund into short term CDs, but even CDs aren't worth much at the moment.\""}
{"_id": "527940", "title": "", "text": "Oh? Well you must have a mic problem too, because it sounds like you're starting to scream at me, but then the audio just cuts out. Just to test it, let's talk at a normal volume and see if I can't get that piece-a crap working for you. So it won't sync, ya say?"}
{"_id": "527950", "title": "", "text": "It's because a lot of the QE money is parked in excess reserves at the fed. They pay a high enough interest rate to prevent outflows into the rest of the market. We are seeing huge amounts of price inflation in certain asset classes. Things like cryptocurrency and the stock market."}
{"_id": "527951", "title": "", "text": "\"OK, it's a bit of a minefield but here goes! You only pay corporation tax in the UK on any profit made, so your \"\"salary\"\" would not be classed as part of the profit, so in the example you give you would only pay corporation tax on \u00a34k less your \"\"salary\"\" ie \u00a33,200 so profit on the \u00a3800 remaining gross profit. You don't say if your figures are monthly, annual etc, but you only pay income tax if you earn over \u00a311.5k in any given tax year, the rates increase as your income does, check here:  https://www.gov.uk/income-tax-rates You may have a different tax code, you would need to check that with HMRC but the link gives the \"\"default\"\" position which is correct for most people. https://www.itcontracting.com/limited-company-dividends/ If the figures you give are monthly then I would consult an accountant as they are likely to save you more than they will charge for their services. You will probably find it is most tax efficient to pay yourself a dividend from the company's profits but check with an accountant. More info: https://www.gov.uk/running-a-limited-company/taking-money-out-of-a-limited-company\""}
{"_id": "527953", "title": "", "text": "\"Excellent sagacious analysis, Whale. I agree with every single thing you have stated; however, I took great heed to one remark you made: Apple \"\"[is] a great company.\"\"   Apple is NOT a great company. Apple may be worse than Amazon. The only difference between Apple and Amazon is that Apple knows its strength (technology) and does not veer away from it one iota.   Apple has been vying for a stronghold on the technology industry since its inception. Oh yea, another thing that makes Apple a shitty company--keep in mind, I am typing all of this on an Apple phone (the irony)--is the fact that they store a majority of their revenue offshore--in countries that practically have a ZERO tax on money--which has allowed Apple to dodge taxes in the U.S. for years. It's sad that a multi-billion dollar company that operates in the U.S., with $250 billion in cash, dodges paying their fair share of taxes to the U.S. Treasury just because they'll be taxed at 35%.   Could you imagine what would happen to average-Joe citizens like you or me if we avoided paying taxes? HINT: this isn't a trick question.\""}
{"_id": "527955", "title": "", "text": "*ALL* phone calls are intrusive. When they are from someone I know, the intrusion is easily forgiven. When it is from a stranger, there is no reason to forgive the intrusion. When that stranger then tries to sell me something, anything, I am immediately cold to their entreaty.  As to alternatives, the [request for proposal](http://en.wikipedia.org/wiki/Request_for_proposal) is worth considering. When I am in need of something, I invite marketers like yourself to submit proposals. In this case, your phone call is much more welcome because I implicitly asked for it.  &gt; if I truly believe that the product I'm selling is going to improve your life, it would be incredibly fucking rude not to give you the opportunity to obtain it.  Incorrect. You are putting yourself in the position of the evangelist, so consider the perspective of [atheists on Christian evangelism](http://atheism.about.com/od/atheismatheiststheism/a/ObjectEvangeliz.htm)."}
{"_id": "527958", "title": "", "text": "It's true that the standard deduction makes the numbers less impressive. I ran your scenario through my favorite, most complete rent vs buy calculator, and your math isn't far off. However, there are a lot of deductions only available if you itemize. Medical expenses, moving expenses, job expenses, charitable contributions, local income/sales taxes, property tax, private mortgage insurance, etc. Property tax on that house alone is going to be nearly equal to the standard deduction, so the point is nearly moot. Anyways, the above linked calculator handles all of those, and more."}
{"_id": "527966", "title": "", "text": "Track your spending and expected income -- on paper, or with a personal-finance program. If you know how much is committed, you know how much is available. Trivial with checks, requires a bit more discipline with credit cards."}
{"_id": "527987", "title": "", "text": "You're situation is actually pretty solid except for the job part. I definitely understand the existential meltdown in your 30s. Luckily you're in web design and have an in-demand job. Maybe go to a code school/design immersive to add some new skills and reinvigorate yourself. If mental health needs to be addressed above all, then definitely make that a priority.  Avoid credit card debt like the plague. If you think you're stressed now, just wait."}
{"_id": "527990", "title": "", "text": "\"Right, as I stated I agree that it will cause greater variance from the true intrinsic value for individual equities. To take this example to an extreme, traders can throw darts at a board of ticker symbols, purchase them, and still diversify away most firm specific risk. You're correct in stating that such a strategy will eventually cause systematic market failures if everyone does it, but the herd goes where they can make the most profit, and right now that is with ETFs.   When fund managers prove they have foresight enough to exploit any systematic failures that this causes, or can start beating ETF returns, the herd will flock back to them. I only meant to point out the reasoning behind why this is happening, not advocating one over the other, and also to point out that Paul Singer shouldn't whine. To re-purpose an old saying, \"\"Don't get mad, get even (by making your investors rich).\"\"\""}
{"_id": "527996", "title": "", "text": "Zacasa https://www.zacasa.be https://www.facebook.com/Zacasa-Invest-243214819390824/ info@zacasa.be 0472 07 00 00 Frederick van der Nootstraat 6a 9300 AALST Wie zijn woning snel en moeiteloos wil verkopen, vindt in Zacasa Invest de ideale partner. Hoe dat in zijn werk gaat? In 3 eenvoudige stappen. Wij kopen uw woning, en u krijgt in ruil meteen een correcte prijs."}
{"_id": "527997", "title": "", "text": "There are indeed various strategies to make money from this. As Ben correctly said, the stock price drops correspondingly on the dividend date, so the straightforward way doesn't work. What does work are schemes that involve dividend taxation based on nationality, and schemes based on American Options where people can use market rules to their advantage if some options are not exercised."}
{"_id": "528000", "title": "", "text": "Yes it can, assuming that the margins on what you sell can actually support paying for the support staff required to do this properly.  If you already sell cheap crap, having good support is pointless.  If you're selling quality stuff that people enjoy, then hell yes you need good support."}
{"_id": "528002", "title": "", "text": "one of the major backbones of domestic transit in the US is the highway system. No businessman wanted to touch that until the government decided to pitch in and do most of the work.   Would businesses make infrastructure if they had to? Yes. Would it benefit all users equally and would they allow anyone (including competitors) to use the infrastructure they built? Not likely.   These are some reasons why some items like infrastructure do not work as well as fully private companies."}
{"_id": "528015", "title": "", "text": "&gt; If you bought a Barbi doll for a 6 year old boy who obviously doesn't want it and won't play with it, would you say the toy is bad?  Of course not and I also would not blame the boy for having no fun.  &gt; School being paid for and given to kids that don't want it doesn't mean it's a bad system, just that some have no interest in using it.  Right, so do you give up on the kid or do you try to offer a different form of education that the kid finds compelling?  It sounds like you want to assume that if a boy doesn't like Barbie he must not like toys at all."}
{"_id": "528021", "title": "", "text": "Every time I have loaned money to family members I have never gotten the money back. If they can't make the down payment, they should not be taking out the loan. It's a bad idea to loan money to friends, because when they can't pay you back (which might be forever) they avoid you. So, you lose both your money and your friends."}
{"_id": "528027", "title": "", "text": "Every Military Home behind Texas including rent charges. It is an amazing place to live. In the Military man, all the day is busy at our own work. Military homes are known for their spacious rooms and garage areas. If you are looking for a starter house, this is certainly the best area for you to find more than a starter house at very affordable price."}
{"_id": "528032", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.marketwatch.com/story/one-third-of-american-households-cant-afford-food-shelter-or-medical-care-2017-09-27) reduced by 63%. (I'm a bot) ***** &gt; Nearly half of Americans have a tough time paying their bills, and over one-third have faced hardships such as running out of food, not being able to afford a place to live, or not having enough money to pay for medical treatment.  &gt; The State of the American Wallet shows how Americans are saddled with mounting car loan and credit card debt and not saving enough money - even enough to cover emergency expenses.  &gt; The survey included questions on whether respondents could &amp;quot;Enjoy life&amp;quot; because of the way they managed their money, and how often respondents had money left over at the end of the month.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/75tq9p/onethird_of_american_households_cant_afford_food/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~226611 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **survey**^#1 **American**^#2 **respondent**^#3 **money**^#4 **how**^#5\""}
{"_id": "528033", "title": "", "text": "\"Honestly, last night was the worst I've seen in terms of spam being submitted. Normally, the filter gets it. I've removed the majority of those articles reported as \"\"spam.\"\"  As for the political tones of the submissions, I think we do a pretty good job in terms of keeping the article headlines neutral and to a certain extent, the content.\""}
{"_id": "528034", "title": "", "text": "\"As other people have posted starting with \"\"fictional money\"\" is the best way to test a strategy, learn about the platform you are using, etc. That being said I would about how Fundamental Analysis works . Fundamental Analysis is the very basis of learning about an assets true value is priced. However in my humble opinion, I personally just stick with Index funds. In layman's terms Index Funds are essentially computer programs that buy or sell the underlying assets based on the Index they are associated with in the portion of the underlying index. Therefore you will usually be doing as good or as bad as the market. I personally have the background, education, and skillsets to build very complex models to do fundamental analysis but even I invest primarily in index funds because a well made and well researched stock model could take 8 hours or more and Modern Portfolio Theory would suggest that most investors will inevitably have a regression to the mean and have gains equal to the market rate or return over time. Which is what an index fund already does but without the hours of work and transaction cost.\""}
{"_id": "528052", "title": "", "text": "\"Your question indicates that you might have a little confusion about put options and/or leveraging.  There's no sense I'm aware of in which purchasing a put levers a position.  Purchasing a put will cost you money up front.  Leveraging typically means entering a transaction that gives you extra money now that you can use to buy other things.  If you meant to sell a put, that will make money up front but there is no possibility of making money later.  Best case scenario the put is not exercised.  The other use of the term \"\"leverage\"\" refers to purchasing an asset that, proportionally, goes up faster than the value of the underlying.  For example, a call option. If you purchase a put, you are buying downside protection, which is kind of the opposite of leverage.  Notice that for an American put you will most likely be better off selling the put when the price of the underlying falls than exercising it.  That way you make the money you would have made by exercising plus whatever optional value the put still contains.  That is true unless the time value of money is greater than the optional (insurance) value.  Since the time value of money is currently exceptionally low, this is unlikely.  Anyway, if you sell the option instead of exercising, you don't need to own any shares at all.  Even if you do exercise, you can just buy them on the market and sell right away so I wouldn't worry about what you happen to be holding. The rules for what you can trade with a cash instead of a margin account vary by broker, I think.  You can usually buy puts and calls in a cash account, but more advanced strategies, such as writing options, are prohibited.  Ask your broker or check their help pages to see what you have available to you.\""}
{"_id": "528054", "title": "", "text": "This is more of a legal question than a monetary one. You can try to negotiate with the debt owner as Pete B. suggests. Alternatively, you can ignore them and see what happens. They might sue you for the 400 plus costs, or maybe not. That is a pretty small amount for a lawyer to show up in a court of law. If you go to court, you can win by testifying that you returned the box and the charge is invalid. If you testify in court that you did not return the box, then you will lose. Sometimes a debt collector will just file a credit complaint against you and you would have to go to court to get that complaint removed from your record with the credit agency. The loan owner has no idea whether you returned the box at all. All they have is a debt security which simply says who owes the money and how much it is. In a court room they have zero evidence against you (unless you said something to them and they wrote it down or recorded it)."}
{"_id": "528061", "title": "", "text": "Our vikasmarg.com portal has several interesting classified sections to cater your needs. You can post free classified advertisements which will be looked by millions of people across the world. You can post ads for advertising services, health and beauty, electronics, fashion and clothing, real estate, music, business services, jobs, computers etc."}
{"_id": "528066", "title": "", "text": "I don't know how to explain reading comprehension without coming off as condescending, which I hate.  Since that is the case, I'll simply suggest that the meaning of the above comment is much more evident than it may seem at first glance.  You can do it."}
{"_id": "528077", "title": "", "text": "Absolutely!  Just because a spouse doesn't have a taxable income, doesn't mean they aren't providing real, tangible benefit to the family economy with an important job. As tragic as it is to consider losing your spouse, are you truly in a position to replace everything they do you for you?  Knowing what they do for you and appreciating the effort your spouse gives is important, but don't sell short the dollar amount of what they provide.  Your life insurance policy should be to keep you whole. Without your spouse, you will need childcare.  You might need domestic services to the home.  What about a nanny or similar service?  Would $50K cover that until your child is an adult?  There are a number of added expenses in the short and long term that would occur if a spouse died.  How much for a funeral? Obviously you know the amount and term depends on the age of your kid.  But I think you should really try to account for the number of daily hours you spouse puts in, and try to attach a cost to those hours.  Then buy insurance for them just as you would for a wage earning.   For example, buy a policy that is 10x the annual cost for services it would take to compensate for your spouse.  Your tolerance for risk and cost can adjust it up and down from there."}
{"_id": "528095", "title": "", "text": "For point two.. The norm for buying stock is to just register online with a major broker: Fidelity, Schwab,TD Ameritrade...etc, send them money to fund your purchase, make the stock purchase in your account, and then have a little faith. You could probably get them to physically transfer the stock certificates from them to you, but it is not the norm at all. I would plan on a fee being involved also. The 10$ is for one trade... regardless of if you buy one share or many. So you wouldn't buy 1 share of a five dollar stock as your cost would be absurd. You might buy a hundred shares."}
{"_id": "528105", "title": "", "text": "The number of government departments involved in anything the US (or any government) does is bewildering, but the invasion of Iraq was, by definition, a military venture intended to overthrow their leader and change the regime. The exit strategy was to attempt nation building to achieve stability. The US military acts for the US government, as do other departments and to muddle the question by listing departments is to miss the point \u2013 which is privatization of government functions, be they military or just involved in military ventures.  If the contractors weren\u2019t really required but were hired anyway\u2026.I don\u2019t know how that\u2019s defended.   The fact remains: *security functions were outsourced*. That doing so is efficient or not is a good debate, but another debate."}
{"_id": "528126", "title": "", "text": "One major concern with moving out on your own is can you afford rent each month, be it an apartment or a house payment. You'll hear people say that anywhere from 25% to 40% of your monthly after-tax income should go to housing. 40% seems very high to me and quite risky. I'd go for closer to 30% of your monthly after-tax income and not any higher, but that's just my opinion.  I had a friend that moved out of his parents house about the same time that I did. He bought himself a house, and then he immediately started looking for roommates to help pay for his house. It really was a good idea, and I wish that I'd been in a position to do the same, because I'm sure that it saved him a lot of money for the first couple of years. Apart from that, my only advise would be to get a house if you can afford it. 1) Interest rates are very low right now, and 2) if you're paying rent to someone (for an apartment or whatever) then you're just throwing your hard-earned money away. Good luck!"}
{"_id": "528132", "title": "", "text": "\"Credit Unions turn a profit by lending money at a higher interest rate than their savings do, just like banks do. It is an amoral feat, completely parallel to any moral weights you have assigned to \"\"the system\"\". If the most favorable circumstance is you receiving access to capital, then you can easily achieve that with zero reservations about the system that granted it to you.\""}
{"_id": "528157", "title": "", "text": "Your answer looks correct.  It's the buyer of the option that's long, not the seller (you). If you're doing a lot of trading, you might get hit with wash-sale rules and you could be taxed at the short-term capital gains rate, which is higher than for long-term gains.  But those aren't direct fees."}
{"_id": "528162", "title": "", "text": "\"If he's not used to cooking, recipes might not be enough. Maybe he needs cooking lessons. I used to think if you could read, you could cook -- but I grew up \"\"helping\"\" my mom in the kitchen and in the process learning what all the instructions in cookbooks meant. But it also might just be force of habit, in which case about all you could do would be to go over and cook for (or with) him. Maybe if you helped him get into a good habit, he would be more likely to continue with it. Otherwise, I don't see that there's much of anything you can do. If he isn't motivated to change his habits to save for his trip, you can't make him be.\""}
{"_id": "528167", "title": "", "text": "Emergency Data Recovery by a SSAE 16 / Class 10 ISO 4 Cleanroom Certified Company in Indianapolis. Secure Data Recovery Services was the first data recovery company to earn an SSAE 16 certification and one of the only firms with an SAS 70 Type II certification. We use third-party consultants to audit and test our facilities several times per year in order to meet the requirements of these certifications."}
{"_id": "528184", "title": "", "text": "In India there is a new trend is running  for Building a home or office by using new concepts or new design. But it's not possible for everyone because no one has that much of the time so that we contact to the Building Contractors in Delhi that will build all that on the basis of our demands"}
{"_id": "528186", "title": "", "text": "\"Your credit-score is concerned with your current credit accounts (credit-cards, HELOC, loans, mortgage, et cetera) - your Current/Checking bank account is not a credit account so it is not reported to the credit agencies. Granted, being overdrawn is effectively the same as having a very expensive loan from the bank- however banks do not routinely report these to the credit-agencies - and of course, if you fail to pay overdraft fees in a timely manner then your bank will take it to collections or possibly even get a judgement against you, and that will be reported in your credit report (under the \"\"Derogatory remarks\"\" section). I cannot find any sources as to whether repeated but always-paid overdrafts will be reported - but certainly your bank isn't complaining because they'll be making lots of money from you. (Via https://www.thebalance.com/will-a-bank-overdraft-hurt-my-credit-score-960554).\""}
{"_id": "528190", "title": "", "text": "Wendy's, like In-n-Out and Five Guys does not freeze their burger meat or use reconstituted toppings that once resembled vegetables. Not quite as good as Five Guys and you can't get all the different stuff on them, but still pretty good."}
{"_id": "528206", "title": "", "text": "\"Rather than thinking of becoming a landlord as a passive \"\"investment\"\" (like a bank account or mutual fund), it may be useful to think of it as \"\"starting a small part-time business\"\". While certainly many people can and do start their own businesses, and there are many success stories, there are many cases where things don't work out quite as they hoped. I wouldn't call starting any new business \"\"low risk\"\", even one that isn't expected to be one's main full-time job, though some may be \"\"acceptable risk\"\" for your particular circumstances. But if you're going to start a part-time business, is there any particular reason you'd do so in real estate as opposed to some other activity? It sounds like you'd be completely new to real estate, so perhaps for your first business you're starting you'd want it to be something you're more familiar with. Or, if you do want to enter the real estate world (or any other new business), be sure to do a lot of research, come up with a business plan, and be prepared for the possibility of losing money as with any investment or new business.\""}
{"_id": "528234", "title": "", "text": "\"Yeah ok buddy, call me when every single country passes a law at the same time outlawing the same thing. Even if it was declared illegal in the US, its not going anywhere - it's far too useful.  https://www.forbes.com/sites/benzingainsights/2011/11/07/rise-of-the-shadow-economy-second-largest-economy-in-the-world/#1655a5354a0e  &gt; Robert Neuwirth argues that \"\"the $10 trillion global black market is the world's fastest growing economy -- and its future\"\".\""}
{"_id": "528247", "title": "", "text": "I see where your coming from. I was not arguing for punishing Verizon now. I was simply saying companies in general should stop trying to sell services they already provide for free, and this was a damn foolish idea on their part in the first place.   Honestly, I am not that sure of the specifics in this case. I would argue it would be fine for them to charge new and monthly customers this fee.   I do not think it would have been fair to try to increase prices on customers who have a contract with them.  Do you know who they planned to charge this fee on?  And thank you for not just down voting me because you disagree."}
{"_id": "528250", "title": "", "text": "&gt; Where are their multiple multi-million dollar sexual harassment lawsuits?  What makes FOX bad is not how they treat women, deplorable as those isolated cases are (it is not the American way to blame groups of people for the crimes of individuals). What makes FOX bad is how they participate in the larger narrative, which has effectively destroyed journalism and the culture of this country.  And in that way, FOX and MSNBC are opposing sides of the exact same coin. Their victim is you, and people like you."}
{"_id": "528259", "title": "", "text": "Built to Sell: Creating a Business That Can Thrive Without You by John Warrillo. Even if you don't plan to sell, there are a lot of good lessons to learn about running a business. This book opened my eyes. I went from a 70h + work week, to what ever I want(usually around 50 with weekends off because I just enjoy working)."}
{"_id": "528296", "title": "", "text": "\"If you are making that much, don't waste your time here. Pay a few hundred bucks for a consultation with a fee-only certified financial planner. (Not one of the \"\"free\"\" services, which make their money via commissions on sales and are thus motivated to direct you to whatever gets them the largest commission.) In fact, in your bracket you might want to consider hiring someone to manage your portfolio for you on an ongoing basis. A good one will start by asking what your goals are, over what timeframe, and will help you determine how you feel about risk and volatility. From that information they will be able to suggest a strategic mix of kinds of investments which is balanced for those constraints.\""}
{"_id": "528316", "title": "", "text": "Your question is a complex one because knowledge of the investor's beliefs about the market is required.  For almost any quantitative portfolio, one must have a good estimate of the expected return vector and covariance matrix of the assets in question.  The expected return vector, in particular, is far from estimable.  No one agrees on it and there is no way to know who is right and who is wrong. In a world satisfying the conditions of the CAPM, you can bypass this problem because the main implication of the CAPM is that the market weights are optimal.  In that case the answer to your question is that you should determine the market weights of the various assets and use those along with saving in a risk-free account or borrowing, depending on your risk tolerance.  This portfolio has the added benefit that you don't need to rebalance much...the weights in your portfolio adjust at the same rate as the market weights. Any portfolio that has something besides this also includes some notion of expected return aside from CAPM fair pricing.  The question for you, then, is whether you have such a notion.  If you do, you can mix your information with the market weights to come up with a portfolio.  This is what the Black-Litterman method does, for example: get the expected return vector implied by market weights and the covariance matrix, mix with your expected return vector, then use mean-variance optimization to come up with your final weights."}
{"_id": "528337", "title": "", "text": "&gt; On the other hand, no tax right offs for charities does not seem like a good idea  it's all about subsidies  I **DO NOT** want to subsidize you with your charitable deductions by paying more taxes myself  charity is an absolute and needs no fucking government involved"}
{"_id": "528347", "title": "", "text": "JohnFx is more experienced than I am but I have paid off friends cards before. It was as simple as asking them the routing number of the bank that gave them the card and setting up an ACH with their card number. I guess this might be against some banks T&C but the CU I used to carry out the ACH gave me the go ahead as long as I did not dispute the payment later."}
{"_id": "528358", "title": "", "text": "One of us is misreading the other's message. I think FDIC is great. If a Congolese citizen wants to buy the company I work at right now, great. I just make an exception for state owned enterprises, royal families, et cetera."}
{"_id": "528361", "title": "", "text": "You will be categorized as self employed. Will I have to register myself as a company or can go on unregistered and work You can register a company or can use an umbrella company or work as a sole trader. Remember as a sole trader you are legally responsible for you company's activities, an if a company sues you for your work he can take compensation from your personal assets. As a company your liability ends with the company, if your company is sued. Your personal assets are outside the purview of the lawsuit, but the court can attach that also but those are rare. This doesn't matter if you use an umbrella company. If you intend to be doing this for a short time(maybe a year or so), go for an umbrella company. Else register a company. will take you 5 minutes to form one. Depending on your earning you might need to register for VAT too. A comprehensive guide for self employed on HMRC. what would i need to be sound in uk and to be fit to work online as a freelancer? The same as above. Will it include paying any tax or paying any insurance Yes you have register for National Insurance(NI), before you can pay yourself a salary. The benefit of a company is you pay yourself a minimum salary, below the limit above which you have to contribute for NI, and take the rest as dividends. And pay no tax on it, till you don't exceed the limits. When the money comes in my account, will i be accountable to government of uk, to tell the source of income? If you are operating through a company, yes you would need to show your income(including source) and expenditure when you do your annual returns. What should i be knowing, like health insurance and things that are necessities in uk for a freelancer ? No health insurance as NHS exists. You can take out health insurance if you don't want to get into queues in NHS."}
{"_id": "528363", "title": "", "text": "The core competency of banks is to lend money from depositors and re-lend that money to borrowers.  They do not have the expertise to develop real estate.   They have trouble evening managing foreclosed real estate, such that they have to sell them at a discount."}
{"_id": "528386", "title": "", "text": "Oh yeah.  I used to rent a room from my buddy for awhile.  He had an unused heated garage.  He decided to remodel it, ad a full bathroom and kitchenette.   This summer, he made $4500 per month on Airbnb rentals.  He no longer needs roommates.  This is only good for the few that have homes to rent out.  It is a good idea that has gotten out of control.  Airbnb has been and will continue to drive up rental prices.  The market can't handle these sort of price strains long term, it is simply not sustainable for the average Joe."}
{"_id": "528403", "title": "", "text": "Really it's not just rich or poor and that is  the issue with this  health care.  There is middle Americans that everyone forgets about and those are the people that it's hurting. The poor will get health care but with Obamacare  the middle class can't afford to pay for the difference so the poor can have insurance that's inequality."}
{"_id": "528412", "title": "", "text": "Not when they've gerrymandered all their districts and are supported by the campaign donations of large corporations that benefit from these tax plans, and most of our news outlets ARE those large corporations giving out campaign donations to both sides of the aisle so that our population is fed nothing but pro-war, pro-corporation, fuck-you-if-you're-poor-and-not-a-rich-old-white-guy-with-a-country-club-membership propaganda."}
{"_id": "528418", "title": "", "text": "If I were you I would just save the money until I had at least 5000 pounds to keep as an emergency fund. There are various kinds of unexpected events and it is smart to have some cash in case a problem comes up. Next time I would recommend buying a car you can afford. Borrowing money to buy nice things is the enemy of wealth accumulation. Also, when you buy a car for cash you will get a much better deal than when you let a dealer put his foot on your neck."}
{"_id": "528430", "title": "", "text": "There are several aspects to this but at a high level it boils down to A lot goes in to insurance rating and risk projecting.  You can't adjust a single variable and expect a proportional change in your premium, 7,000 miles per year just won't be 70% of the cost of 10,000 miles per year, because there are a lot of other things in play as well.  To further address premium adjustments.  Consider this: Even if your liability coverage did scale with perfect correlation to your mileage (using the same 70% from above, 7,000 miles per year versus 10,000 miles per year) then your premium composition is: $200 to $170 is 15%.  No change will have a direct linear correlation to your total premium because there are different component pieces of the total premium.  Fixed costs may be built in to the amounts for other component pieces of the premium, for example maybe no line of coverage ever has a cost below $X. Obviously these numbers are all made up Additionally, and also less considered is the fact that your liability also scales because of a lot of factors that have nothing to do with you.  It might be the other cars that are on the road, it might be that more densely populated areas have more fender benders.  For example if you live in Beverly Hills you have a much higher likelihood of accidentally bumping a $70-$80-$90-$100k+ car than you do in say, rural Wisconsin.  If your zip code is gentrifying and everyone starts buying Mercedes, your liability coverage increases.   You can not adjust one single variable and decide that you are lower risk than all insurers think you are.  If you shop this coverage and all insurers are within a nominal margin of pricing for the same coverage levels, there isn't much to argue with; you are simply riskier than you think you are and the variable you are focused on is not as meaningful as you think it is."}
{"_id": "528431", "title": "", "text": "I think the biggest thing was countering the 75% with 20%. Brass balls. In the moment, you might think that a counter for 35% or 40% would be reasonable, but drawing that hard line allowed him more negotiating room with the last shark. Instead of meeting at 30% it might have been 50%."}
{"_id": "528455", "title": "", "text": "\"My guess was they're faster growing.  Wikipedia says \"\"[Atlantic salmon is, by far, the species most often chosen for farming. It is easy to handle, it grows well in sea cages, commands a high market value and it adapts well to being farmed away from its native habitats.](https://en.wikipedia.org/wiki/Aquaculture_of_salmonids#Species)\"\"\""}
{"_id": "528472", "title": "", "text": "Sure you can, esp if you are creating a special class of unsecured creditor. Its going to piss off businesses and add an additional factor when validating the credit-worthiness (thus credit does cost a bit more) of a company but that may not be a bad thing considering that screwing over your employees for some cash should be more of a black mark than it is."}
{"_id": "528475", "title": "", "text": "\"This is an old post I feel requires some more love for completeness.  Though several responses have mentioned the inherent risks that currency speculation, leverage, and frequent trading of stocks or currencies bring about, more information, and possibly a combination of answers, is necessary to fully answer this question. My answer should probably not be the answer, just some additional information to help aid your (and others') decision(s). Firstly, as a retail investor, don't trade forex. Period. Major currency pairs arguably make up the most efficient market in the world, and as a layman, that puts you at a severe disadvantage. You mentioned you were a student\u2014since you have something else to do other than trade currencies, implicitly you cannot spend all of your time researching, monitoring, and investigating the various (infinite) drivers of currency return. Since major financial institutions such as banks, broker-dealers, hedge-funds, brokerages, inter-dealer-brokers, mutual funds, ETF companies, etc..., do have highly intelligent people researching, monitoring, and investigating the various drivers of currency return at all times, you're unlikely to win against the opposing trader. Not impossible to win, just improbable; over time, that probability will rob you clean. Secondly, investing in individual businesses can be a worthwhile endeavor and, especially as a young student, one that could pay dividends (pun intended!) for a very long time. That being said, what I mentioned above also holds true for many large-capitalization equities\u2014there are thousands, maybe millions, of very intelligent people who do nothing other than research a few individual stocks and are often paid quite handsomely to do so. As with forex, you will often be at a severe informational disadvantage when trading. So, view any purchase of a stock as a very long-term commitment\u2014at least five years. And if you're going to invest in a stock, you must review the company's financial history\u2014that means poring through 10-K/Q for several years (I typically examine a minimum ten years of financial statements) and reading the notes to the financial statements. Read the yearly MD&A (quarterly is usually too volatile to be useful for long term investors) \u2013 management discussion and analysis \u2013 but remember, management pays themselves with your money. I assure you: management will always place a cherry on top, even if that cherry does not exist. If you are a shareholder, any expense the company pays is partially an expense of yours\u2014never forget that no matter how small a position, you have partial ownership of the business in which you're invested. Thirdly, I need to address the stark contrast and often (but not always!) deep conflict between the concepts of investment and speculation. According to Seth Klarman, written on page 21 in his famous Margin of Safety, \"\"both investments and speculations can be bought and sold. Both typically fluctuate in price and can thus appear to generate investment returns. But there is one critical difference: investments throw off cash flow for the benefit of the owners; speculations do not. The return to the owners of speculations depends exclusively on the vagaries of the resale market.\"\" This seems simple and it is; but do not underestimate the profound distinction Mr. Klarman makes here. (and ask yourself\u2014will forex pay you cash flows while you have a position on?) A simple litmus test prior to purchasing a stock might help to differentiate between investment and speculation: at what price are you willing to sell, and why? I typically require the answer to be at least 50% higher than the current salable price (so that I have a margin of safety) and that I will never sell unless there is a material operating change, accounting fraud, or more generally, regime change within the industry in which my company operates. Furthermore, I then research what types of operating changes will alter my opinion and how severe they need to be prior to a liquidation. I then write this in a journal to keep myself honest. This is the personal aspect to investing, the kind of thing you learn only by doing yourself\u2014and it takes a lifetime to master. You can try various methodologies (there are tons of books) but overall just be cautious. Money lost does not return on its own. I've just scratched the surface of a 200,000 page investing book you need to read if you'd like to do this professionally or as a hobbyist. If this seems like too much or you want to wait until you've more time to research, consider index investing strategies (I won't delve into these here).  And because I'm an investment professional: please do not interpret anything you've read here as personal advice or as a solicitation to buy or sell any securities or types of securities, whatsoever. This has been provided for general informational purposes only. Contact a financial advisor to review your personal circumstances such as time horizon, risk tolerance, liquidity needs, and asset allocation strategies. Again, nothing written herein should be construed as individual advice.\""}
{"_id": "528482", "title": "", "text": "In Memphis, Tn., rents were stabilized from falling in the recession because all the foreclosed on home owners added to the rental market, increasing demand and thus stabilizing pricing."}
{"_id": "528494", "title": "", "text": "1. Rebate  2. Bid-Ask spread  3. Tactically increasing/decreasing inventory based on their view of the market  4. Picking off idiot traders (OTC markets, basically not passing orders on to the market when the counterparty has a low performance history)."}
{"_id": "528499", "title": "", "text": "You can buy a real tablet and a real laptop for the same price as a surface, and both will work better in their respective tasks.  The problem was price. They thought they could charge apple money, but the reality is you need that captive dumb audience to get away with those margins (and even apple is heading towards market irrelevance). Oh, and attempting to charge over $100 extra for the required keyboard was the final knife in the back.  If windows 9 isn't a rip roaring success, I think their fate will be sealed - you're almost just waiting for google or apple to finish them off in that circumstance with an attack on business space."}
{"_id": "528516", "title": "", "text": "Some companies like Royal Dutch Shell have multiple share classes to suit the tax regimes in Holland and the UK the A shares have dutch withholding tax applied and the B shares dont.  Also some split capital investment trusts have multiple share classes http://www.trustnet.com/Education/Split.aspx?ms=1"}
{"_id": "528518", "title": "", "text": "Buy and hold doesn't have an exact definition, as far as I know.  In my opinion, it's offered as a contrast to those who trade too frequently, or panic every time the market drops 2%.  For the general market, e.g. your S&P index holdings. You sell to rebalance to your desired asset allocation. As a personal example, at 50, I was full up invested, 95%+ in stocks. When my wife and I were retired (i.e. let go from company, but with no need to go back to work) I started shifting to get to a more sane allocation, 80/20. The ideal mix may be closer to 60/40.  Also, there are times the market as a whole is overvalued as measure by P/E and/or CAPE, made popular by Nobel Prize winning Robert Shiller. During these times, an allocation shift might make sense.  For the individual stocks, you had best have a strategy when you buy. Why did you buy XYZ? Because they had promise, decent company with a good outlook for their product? Now that they are up 300%, can they keep gaining share or expand their market? Sometimes you can keep raising the bar, and keep a company long term, really long. Other times, the reason you bought no longer applies, they are at or above the valuation you hoped to achieve.  Note - I noticed from another question, the OP is in the UK. I answer this my from US centric view, but it should still apply to OP in general. The question was not tagged UK when I replied."}
{"_id": "528522", "title": "", "text": "From your first link: IRS.gov: IRA One-Rollover-Per-Year-Rule IRA One-Rollover-Per-Year Rule Beginning in 2015, you can make only one rollover from an IRA to   another (or the same) IRA in any 12-month period, regardless of the   number of IRAs you own (Announcement  2014-15 and Announcement   2014-32). The limit will apply by aggregating all of an individual\u2019s   IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth   IRAs, effectively treating them as one IRA for purposes of the limit. They are limiting your ability to roll over money from an IRA to an IRA. You are looking to go from a 401K to an IRA. That is fine. The idea was that some people were taking all money from their IRA, using it for almost 60 days, then putting it back into an IRA. Thus getting a sort of short term loan. They could do this multiple times in a year. The direct trustee-to-trustee transfer are exempt from the once per year rule because the money is never in your possession.  Moving money from a 401K/403b/TSP plan from your former employer to an IRA or Roth IRA is fine, and isn't limited to once per year."}
{"_id": "528526", "title": "", "text": "I don't know how other people regard ZH; but I read it along with many other financial blogs for my dose of news.            The magnitude of the loss shouldn't be surprising to people though. [As early as mid-May, JPMorgan Chase suspended a $15 billion stock repurchase plan that was only approved two months previously in March.](http://www.reuters.com/finance/stocks/JPM/key-developments/article/2544789). $15 billion is a big (much too big) reserve for a (claimed by the media at the time) supposedly $2 billion loss. It was only a matter of time before that loss was going to get much, much bigger."}
{"_id": "528528", "title": "", "text": "\"Nowadays, some banks in some countries offer things like temporary virtual cards for online payments. They are issued either free of charge or at a negligible charge, immediately, via bank's web interface (access to which might either be free or not, this varies). You get a separate account for the newly-issued \"\"card\"\" (the \"\"card\"\" being just a set of numbers), you transfer some money there (same web-interface), you use it to make payment(s), you leave $0 on that \"\"card\"\" and within a day or a month, it expires. Somewhat convenient and your possible loss is limited tightly. Check if your local banks offer this kind of service.\""}
{"_id": "528550", "title": "", "text": "'So the free roaming tiger zoo turned out to have a bit of a cash flow issue once all the visitors kept getting eaten but the 'strippers in every shop of a mall' idea has been working out great. Lots more families coming in.'"}
{"_id": "528553", "title": "", "text": "As others have suggested, if you're considering taking a 50% discount on a revenue stream you feel is low risk because you're having cash flow issues paying those property taxes - I'd recommend you seriously separating these two unrelated concerns and deal with each in most financially astute manner individually. You'll keep more of your hard earned cash You don't have the hassle factor and uncertainty of trying to become proficient in an esoteric field of financial knowledge by Christmas!"}
{"_id": "528558", "title": "", "text": ""}
{"_id": "528564", "title": "", "text": "I think you might be missing something important here. If you are running a business, then any expenses that your business incurs are deductible.  Yes, Kickstarter would report the full amount. The IRS requires them to report everything that you raised. However, the Kickstarter and Amazon fees would be a business expense. Your cost on the backer rewards are deductible business expenses as well. Legal fees, accounting fees: deductible.  Money that you spend on equipment may not be deductible all in one year; you may have to depreciate it over multiple years. This is where the accountant that you are paying accounting fees to will come in handy.  People who do an iOS app Kickstarter campaign for $5000 might have a few things going on that you don't:"}
{"_id": "528568", "title": "", "text": "Just tell the buyer that there is a lien and explain the situation. Give them the car with a bill of sale after they buy the car from you. They can get a temporary tag at least in the State of Florida during this period of time. Take the buyer's money and deposit the check. Pay off your loan. Ask your bank to expedite the electronic title by paying a fee. I did this in March 2012 with no hassle at all. I was the seller. Some buyers may balk at this idea so just keep this in mind."}
{"_id": "528573", "title": "", "text": "I still remember the pictures from supermarkets in Texas and Florida during the huricanes: all food was bought, but the vegeterian section has plenty of merchandise.  Basically, almost all the customers for this Restaurant will be vegeterians ... which is very small portion of the population."}
{"_id": "528575", "title": "", "text": "\"My point was that they are still losing a SUBSTANTIAL amount of money even by offering tickets as \"\"low\"\" as 99$. My model assumes a short flight from NY to DC.. We could safely assume they are flying those planes Much further than that.\""}
{"_id": "528576", "title": "", "text": "I am in complete agreement with you.  The place i have found with the sort of charts you are looking for is stockcharts.com.   To compare the percentage increase of several stocks over a period of 2 market-open days or more, which is quite useful to follow the changes in various stocks\u2026 etc., an example:  Here the tickers are AA to EEEEE (OTC) and $GOLD / $SILVER for the spot gold / silver price (that isn't really a ticker).  It is set to show the last 6 market days (one week+)...the '6' in '6&O'.  You can change it in the URL above or change it on the site for the stocks you want... up to 25 in one chart but it gets really hard to tell them apart!  By moving the slider just left of the \u20186\u2019 at the bottom right corner of the chart, you can look at 2 days or more.  For a specific time period in days, highlight the \u20186\u2019 and type any number of market-open days you want (21 days = about one month, etc.).  By setting a time period in days, and moving the entire slider, you can see how your stocks did in the last bull/bear run, as an example. The site has a full how-to, for this and the other types of charts they offer. The only problem is that many OTC stocks are not charted. Save the comparison charts you use regularly in a folder in your browser bookmarks.  Blessings.  I see the entire needed link isn't in blue... but you need it all."}
{"_id": "528584", "title": "", "text": "In order to grow the way they do without recording profits, they need to find costs (or cut prices). The revenue is turning over because it's being paid out all over the place. Either those companies are running on razor thin margins, or they're paying taxes. There's also payroll taxes for the 270,000 workers."}
{"_id": "528587", "title": "", "text": "Prakash Webtech Pvt. Ltd. is a leading Manufacturer, exporter and suppliers of offset printing machineryand other components such as Spare Parts, Rubber rollers, Copper Rollers etc. Our product portfolio includes newspaper printer, Semi-commercial printer, 4 color printing tower and fourcolor offset printing machine. For more details please visit: www.prakashoffset.com"}
{"_id": "528589", "title": "", "text": "Take a look at http://en.wikipedia.org/wiki/Comparison_of_accounting_software, in particular the rows with a market focus of 'personal'. This is probably one of the more complete lists available, and shows if they are web-based (like Mint) or standalone (like Quicken or Microsoft Money)."}
{"_id": "528597", "title": "", "text": "You can cut taxes and not impact the rich by playing with numbers, deductions that dont apply to them. From what I've read the newest proposal from GOP will only cut taxes for the rich by removing some taxes only they pay and actually increases taxes on middle class since it removes common deductions like property tax"}
{"_id": "528603", "title": "", "text": "\"That's not what he meant to say.  He meant that beyond \"\"browsing internet\"\", you need to know math, how to write and compose long essays and reports, work ethics, business principles, and simple general knowledge... and many young millennials are terrible in math, can't write proper English, no work ethics, conviction, principal, or even aspiration to build career, let alone understand business and general knowledge. They can't even find Alaska in the map.\""}
{"_id": "528623", "title": "", "text": "Or you know the US could spend less on Politicians, Wars and other useless crap and use the billions they would save to fund bridges/roads, schools and hospitals. Those departments you mentioned wouldn't even see a penny from that $29 billion."}
{"_id": "528640", "title": "", "text": "I've been starting to invest in real estate myself, and [this site](http://www.biggerpockets.com/forums/categories) has been incredibly helpful. It was started by a professional real estate investor who wanted to create a community for helping investors of all types and experience levels. You can learn a lot just by reading the various posts, but I highly recommend creating an account and introducing yourself to the community. There are many members with a lot of experience who are happy to help newbies."}
{"_id": "528650", "title": "", "text": "You don't understand how numbers work.   Just because this year might be highest since 2013, does not exclude last year from being the highest since 2013...at that time.  I love how self-righteous and quick to dogpile on opposing opinions the majority of Reddit is.  This place is such a shithole."}
{"_id": "528661", "title": "", "text": "The legal department at the Bank left me a message telling me that the bank check was paid & the recipient got the funds. Call up the bank and find out who the recipient was. Generally it can only be cashed by the person whose name is on it - the original business partner to whom it was intended. It is unlikely to be cashed by the attorney, unless he misrepresented the facts to the bank and got the funds. My question is how could he have cashed it without the original bank check? The other possibility is your mom lost this check, went to the bank and requested them to cancel this and reissue a fresh banker's check and give it to the business partner - in which case the check you had was worthless. You would need to work with the bank and ask them for details. However without the details of the original bank check that you found, it would be difficult for the bank to help you."}
{"_id": "528698", "title": "", "text": "&gt;I say better to distribute cash to the shareholders who can then choose for themselves whether to reinvest it in the company or elsewhere.  Why shouldn't Apple (which I agree with you is butchering its shareholder's returns) reinvest the money in the company or in other ventures that produce returns for shareholders?  My argument was simply that dividends diminish the earnings potential of firms' future cash flows. Now, if they are unable to find or invest in positive NPV projects, then I would agree a dividend payment is the best route to go.  However, I find that highly suspect for firms like Apple, Microsoft and GE. They may not be able sustain double-digit growth rates, but given strong balance sheets and cost of capital, they surely should be able to find positive NPV projects that would contribute more gains for shareholders than stocks, which have been struggling for momentum.   The only reason to invest in a company like GE these days is for the dividend cash flow, rather than the company's earnings and future growth prospects. That seems sad to me. But, hey, what do I know?"}
{"_id": "528699", "title": "", "text": "There is Free employer money on both sides of the tax fence for some employees.   On the pretax side, your employer may provide you a match.  If so, invest the maximum to get 100% of the match.   On the after tax side, many companies offers a 15% discount on ESPP plans and a one year hold.  My wife has such an employer.  The one year hold is fine because it allows us to be taxed at Long Term Capital gains if the stock goes up which is lower than our current income bracket.  After creating a seasoned pool of stocks that we could sell after the one year hold, we are then able to sell the same number of stocks purchased each month.  This provides a 17.6% guaranteed gain on a monthly basis.  How much would you purchase if you had a guaranteed 17.6% return.  Our answer is 15% (our maximum allowed). The other trick is that while the employer is collecting the money, you will purchase the stock at the lowest day of the period.  You will usually sell for even more than the purchase price unless the day purchased was the lowest day of month.   The trick is to reinvest the money in tax free investments to balance out the pretax investing.  Never leave the money in the plan.  That is too much risk."}
{"_id": "528700", "title": "", "text": "Yeah it just got bumped up to 11.25 and they're going to be increasing it over the next couple of years before capping at 15. Rent is already rising to adjust to this development. Doesn't help that income tax here is insane."}
{"_id": "528707", "title": "", "text": "Everyone is worried about Google and Apple or Facebook. Amazon is just swooping in collecting all your personal info via Alexa and buying up businesses. I mean not that there's anything wrong with that. I am looking forward to the day, I go to work for Amazon, live in my Amazon house, drive an Amazon Basics car and wear my favorite Amazon clothes."}
{"_id": "528719", "title": "", "text": "&gt; Why should healthy people be required to subsidize the sick?  1) Everyone is going to get sick.  2) Most medical issues happen by chance.  3) We live in a society and we all live better when all of us are healthy.  4) It is morally the right thing to do.  &gt; The death spiral started while Obama was in office.  There is no death spiral yet.  You're just buying the Republican talking points."}
{"_id": "528727", "title": "", "text": "So thinking on this a little more, I guess it's not completely cut and dried. For example, if the sales position was commission only, a bonus might be a way to ensure the sales team earn a base minimum income. This would allow them to have some level of comfort that they would be able to meet financial obligations like mortgages, kids school etc."}
{"_id": "528738", "title": "", "text": "\"There's lies, damn lies, and statistics. Look around the world. A disproportionate amount of Muslims are not good people. 25% of Muslims think that suicide bombings are often and sometimes justified. 1 in fucking 4! 50% of Muslims marry and have children with their first cousin. If you don't believe me look it up. 100% of Muslims never smile. They will ALWAYS walk ahead of their women. They get women to sit in behind the men at the mosque. Then get shamed if you're ovulating even further back because you're \"\"dirty\"\".   Don't bring trump into this bullshit. He ain't santa clause he can't fix everything in a day. I kind of wish he was hitler in a weird kind of way. My feelings wouldn't be hurt if by some chance those inbred pricks were no longer here and then human kind could move on. To things like science, space, health, exploration of our current planet. US politicians and religion are slowing humans down.\""}
{"_id": "528744", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in Bakersfield CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Title Loans Diamond Bar CA 28356 Chinook Place, Diamond Bar, CA 91765 909-345-2309 autodiamond11@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-diamond-bar-ca/"}
{"_id": "528748", "title": "", "text": "Also see who has the authority to delete bills or items on bills. This was a huge scam with some servers I've worked with. If you can delete an entire bill that was paid in cash then that's money in your pocket."}
{"_id": "528754", "title": "", "text": "You can employ a hedging strategy using short selling, put options, or other methods that will partially neutralize your exposure to the overall market.   e.g. You could short sell a market-wide index such as the S&P500, while going long (buying) the company you are interested in. Investopedia has a nice primer on this: Also, see this related question here:"}
{"_id": "528827", "title": "", "text": "I would not hold any company stock for the company that provides your income.   This is a too many eggs in one basket kind of problem. With a discounted stock purchase plan, I would buy the shares at a 10% discount and immediately resell for a profit.   If the company prevents you from immediately reselling, I  don't know if I would invest. The risk is too great that you'll see your job lost and your 401k/investments emptied due to a single cause."}
{"_id": "528833", "title": "", "text": "I still don't fully understand how gold is debt. I get that you made the connection that gold is money, and previously explained how money is debt. But that doesn't make gold debt.  Gold is a commodity just as oil, apples, deer, shoes, etc. It might not provide any utility, but is still something people have come to value in and of itself."}
{"_id": "528838", "title": "", "text": "No, you cannot deduct it. There's no business substance in such a trip, it is your vacation, and as such cannot be claimed as an expense against the rental income. You may be able to deduct the coffee you buy for the meeting with the property manager while there, but there's no way you can justify a 7-10 days vacation with your whole family as an expense to maintain the rental property. Since you will only have less than 2 weeks personal use, you won't need to prorate expenses, so you have that at least."}
{"_id": "528840", "title": "", "text": "I've had all my account with the same bank for all my life. Generally, the disadvantage is that if I want some kind of product like a credit extension or a mortgage, I have the one bank to go to and if they don't want to help me I'm out of luck. However, occasionally there are also perks like the bank spontaneously offering you increased credit or even a whole line of credit. They can do this because they have your whole history and trust you."}
{"_id": "528847", "title": "", "text": "\"I have always had great success sending boxes.  people always open boxes.  use a plain box (not Priority Mail box nor UPS nor FedX box)  the contents don't matter much, but should relate to your **very brief** enclosed intro letter and something amazing, e.g. a toy something  coordinate the shipping so you can call the day after arrival.  \"\"Hi this is Fred Stone.  I'm the one who sent you the XYZ (pause for the usually agreeable response)\""}
{"_id": "528854", "title": "", "text": "Air Condition is a very essential appliance during the summers. But when it doesn\u2019t work properly it affects a lot. This leads us towards the repairing and for this we have to choose such professional who have well trained and experienced in AC repairs."}
{"_id": "528856", "title": "", "text": "So, what they are saying is that the currently happy crop of employees will all be gone in less than a year, to be replaced by morons who live to work, rather than work to live, and who can be relied upon to be miserable and do bad work in perpetuity."}
{"_id": "528880", "title": "", "text": "Here're some findings upon researches: Two main things to watch out for: Estate tax and the 30% tax withholding. These 2 could be get around by investing in Luxembourg or Ireland  domiciled ETF. For instance there's no tax withholding on Ireland domiciled ETF dividend, and the estate tax is not as high. (source: BogleHead forums)  Some Vanguard ETF offered in UK stock market: https://www.vanguard.co.uk/uk/mvc/investments/etf#docstab. Do note that the returns of S&P 500 ETF (VUSA) are adjusted after the 30% tax withholding! Due to VUSA's higher TER (0.09%), VOO should remain a superior choice. The FTSE Emerging Markets and All-World ETFs though, are better than their US-counterparts, for non-US residents. Non-US residents are able to claim back partials of the withhold tax, by filing the US tax form 1040NR. In 2013, non-US resident can claim back at least $3,900. Kindly correct me if anything is inaccurate."}
{"_id": "528906", "title": "", "text": "They weren't a leader at the time.  Their office product was poor.  It was at best third best.  Wordperfect was the defacto choice.  Lotus was also popular and very robust.  They had no networking until Windows 3.11 so Netware was the defacto network operating system until Windows NT4 started to edge in.  They were at best 50% saturated for DOS as DR-DOS was more robust.  Microsoft copied all the functionality of DR-DOS into their MS-DOS platform but they were always behind.  That's when Windows 3.0 became popular.  And those offices that ran Wordperfect, they kept it until Windows 2000."}
{"_id": "528908", "title": "", "text": "Interest earned over my saving only As you are Tax resident in UK, UK taxes Global income. So the interest earned in India is taxable. Further this is taxable when the interest was paid to you in India and it is not relevant whether you kept the funds in India or repatriated to UK.  It is not clear in your question as to when the interest was credited to your Indian account. If its been for few years, you are in breach of the UK tax regulation. Consult a tax advisor how this can be corrected. If it is for this year, pay taxes as per normal tax brackets."}
{"_id": "528924", "title": "", "text": "Maybe thats how cryptocurrencies like Sia will work out. Not only can it handle digital file storage services (like amazon s3, dropbox etc) , but payment services too. Companies can build on top of it...or Amazon can just build their own."}
{"_id": "528940", "title": "", "text": "If you want to buy physical gold, I would suggest pawn shops.  Just have an idea of the price of gold and how to calculate value from carat weight.  Also the type of gold affects resale value.  I would buy the darker colored Indian or Thai gold.  Thai Bot chains are probably the best."}
{"_id": "528956", "title": "", "text": "Whether you want to be a professional Oil and Gas Technical Writer and Editor or Aeronautic Technical Writer and Editor, makenomistake.co can help you with it! makenomistake.co has more than 30 years of experience as Environmental Technical Writer and Editor as well as Engineering Technical Writer and Editor to help you get a good technical writing results. Visit http://www.makenomistake.co for further information."}
{"_id": "528970", "title": "", "text": "Keep in mind that unless you have a contract that says you get a certain amount of raise every year, the employer is not required to give you any raise. The quality of a raise is too subjective for anyone to tell you how to judge it.  You either get a raise you can live with, it makes you content/happy, and you continue working there, or you get a raise that does not satisfy you, and you jump ship to get more money. Some (most?) employers know that raises can be the tipping point for employees deciding to leave.  If you consistently receive raises greater than inflation rate, the message is that the employer values you.  If the opposite, they value you enough to continue your employment, but are willing to replace you if you decide to leave. Key thing here is there are three ways of getting increased pay with your current employer.  Cost of living or annual raise is the one that we are discussing.  Merit based raises are a second way.  If you think you deserve a raise, due to loyal consistent contribution, or contributing above your duty, or for whatever reason, then ask for a raise.  The third way is to be promoted or transferred to a higher paying position.  Often times, you should also make your case to your supervisor why you should have the new position, similar to asking for a merit raise."}
{"_id": "528988", "title": "", "text": "Bullets, canned goods, and farm supplies that don't need gas (e.g. seed, feed, plows)."}
{"_id": "529001", "title": "", "text": "It doesn't matter which exchange a share was purchased through (or if it was even purchased on an exchange at all--physical share certificates can be bought and sold outside of any exchange). A share is a share, and any share available for purchase in New York is available to be purchased in London. Buying all of a company's stock is not something that can generally be done through the stock market. The practical way to accomplish buying a company out is to purchase a controlling interest, or enough shares to have enough votes to bind the board to a specific course of action. Then vote to sell all outstanding shares to another company at a particular fixed price per share. Market capitalization is an inaccurate measure of the size of a company in the first place, but if you want to quantify it, you can take the number of outstanding shares (anywhere and everywhere) and multiply them by the price on any of the exchanges that sell it. That will give you the market capitalization in the currency that is used by whatever exchange you chose."}
{"_id": "529007", "title": "", "text": "You're on the hook for the nominal value of what you hold. A single ES S&amp;P e-mini future contract is leveraged 50x, equivalent to $60,000 in stock, so it should be treated the same. The problem is that trading is done with only a fraction of the value as margin, so people can and do end up owing more than their account. Some markets are extremely illiquid and volatile as well. Similar to forex, the industry has made it easy for small traders to get in the game in an entirely overleveraged way, and the vast majority lose."}
{"_id": "529017", "title": "", "text": "\"&gt; IT will never make Home Depot or Lowes profit because they don't sell IT. It is a cost center.  Really? If I buy from their on-line store, who should be credited for making the sale and profit? The Sales department? The Marketing Department? Or the IT department that provided the system, web-design and artwork to make the sale?   What's next? Research and Development is a cost center too? Maybe we should outsource them to cheaper researchers?  How about the Buyers and procurement department? Does any sales somehow connected to their effort?  **Top management wants you to believe that everyone is \"\"Cost Center\"\" except management. Ask them, and they will tell you that even the customer service and sale people on in the store are also \"\"cost center\"\".**  If anything, IT and only IT reduces costs, reduce the manpower, reduce the overhead and bring more sales opportunities with the new digital frontier for sales.   If you don't think so, then, fine! Hire the cheapest IT people, or, why even bother? Stop any new development in the IT department.\""}
{"_id": "529032", "title": "", "text": "Adding to webdevduck's answer: Before you calculate your profits, you can pay money tax-free into a pension fund for the company director (that is you). Then if you pay yourself dividends, if you made lots of profit you don't have to pay it all as dividends. You can take some where the taxes are low, and then pay more money in later years.   What you must NOT do is just take the money. The company may be yours, but the money isn't. It has to be paid as salary or dividend. (You can give the company director a loan, but that loan has to be repaid. Especially if a limited company goes bankrupt, the creditors would insist that loans from the company are repaid).  After a bit more checking, here's the optimal approach, perfectly legal, expected and ethical:  You pay yourself a salary of \u00a3676 per month. That's the point where you get all the advantages of national insurance without having to pay; above that you would have to pay 13.8% employers NI contributions and 12% employee's NI contributions, so for \u00a3100 salary the company has to pay \u00a3113.80 and you receive \u00a388.00. Below \u00a3676 you pay nothing.  You deduct the salary from your revenue, then you deduct all the deductible business costs (be wise in what you try to deduct), then you pay whatever you want into a pension fund. Well, up to I think \u00a325,000 per year.  The rest is profit. The company pays 19% corporation tax on profits. Then you pay yourself dividends. Any dividends until your income is \u00a311,500 per year are tax free. Then the next \u00a35,000 per year are tax free. Then any dividends until income + dividends = \u00a345,000 per year is taxed at 7.5%. It's illegal to pay so much in dividends that the company can't pay its bills.  Above \u00a345,000 you decide if you want your money now and pay more tax, or wait and get it tax free. Every pound of dividend above \u00a345,000 a year you pay 32.5% tax, but there is nobody forcing you to take the money. You can wait until business is bad, or you want a loooong holiday, or you retire. So at that time you will stay below \u00a345,000 per year and pay only 7.5% tax."}
{"_id": "529085", "title": "", "text": "I was at a restaurant in NYC, 1st Avenue and 63rd street. I don't recall how the conversation started, but the woman at the next table remarked how none of her friends from the West side, 9th avenue or thereabout, would visit her. Less than 2 miles away, yet in their minds, too far. Your question isn't likely to be answered with facts, but opinion. In this case an anecdote. Human nature is such that a good number of people have a small geographic circle of comfort. Of course some do exactly as you suggest. But not the majority."}
{"_id": "529123", "title": "", "text": "\"There's two scenarios: the loan accrues interest on the remaining balance, or the total interest was computed ahead of time and your payments were averaged over x years so your payments are always the same. The second scenarios is better for the bank, so guess what you probably have... In the first scenario, I would pay it off to avoid paying interest. (Unless there is a compelling reason to keep the cash available for something else, and you don't mind paying interest) In the second case, you're going to pay \"\"interest over x years\"\" as computed when you bought the car no matter how quickly you pay it off, so take your time. (If you pay it earlier, it's like paying interest that would not have actually accrued, since you're paying it off faster than necessary) If you pay it off, I'm not sure if it would \"\"close\"\" the account, your credit history might show the account as being paid, which is a good thing.\""}
{"_id": "529124", "title": "", "text": "The United Nations is not infallible and they are no moral authority.  Access to food and water would be basic human Rights, but there is no right that forces farmers to work for free.  That would be called slavery, or an entitlement, depending on your political disposition."}
{"_id": "529142", "title": "", "text": "From your own [post in this discussion thread](https://www.reddit.com/r/business/comments/6yfcxu/the_debt_trap_how_the_student_loan_industry/dmnfcfs/)  &gt;In any case, an educated populace is crucial to avoid things like our current political climate, where people fall for propaganda and think satire websites are true news."}
{"_id": "529151", "title": "", "text": "Every job that I've had, I have automated myself out of. I'm an engineer and have always designed the tools to create the final product rather than the final product itself. It's mostly an easy task and getting much easier.  Ever since college when I was interning, I've questioned the implications of this and don't have any answers. In many ways things simultaneously take longer and shorter to come to pass."}
{"_id": "529172", "title": "", "text": "So the budget is just a guess and the IT manager can ultimately spend whatever he wants?   Are you really arguing that he should treat the spending constraints given to him by the heads of the company as mere suggestions?   Do you actually work in an accounting department? I have to ask because you seem to have a fundemental misunderstanding about their role in all this. They are just score keepers, they don't get to decide how much money is allocated to each department. So the way they track the money has no bearing on this issue."}
{"_id": "529179", "title": "", "text": "The idea is you would also have a cash allowance in the portfolio originally - say 25%. So in this scenario, 375K in stock and 125k in cash. and assuming the goal is 1K increase in stock value you would buy 38.5K of stock at the now lower price."}
{"_id": "529186", "title": "", "text": "Group Home Riches is making it easier for people to start a group home for foster children. In case anybody wants to make impact on others in the community by opening a group home for foster children and get paid for doing it, Group Home Riches has experts who can advise on this matter. Experts here are known to every condition that a person will face during the process of starting and running a group home, hence they can give advises on the same."}
{"_id": "529210", "title": "", "text": "\"Well, they don't have to enter a market order. I was just saying that for your benefit.   In practice what will really happen is they'll say to themselves   \"\"I want ABC for no more than 70.00\"\"  The current bid is at 69.60 They'll use a limit order on 10,000 shares. If anyone offers them more than 70.00 the computer program they're using will not accept.  However, the shares won't be bought all at once. A limit order for 10,000 shares will be spit into 1,000 shares at 69.70 and 10,000 for 69.65  The HFT can then make a reasonable guess someone is buying in bulk. So then the HFT sends out a sell order saying \"\"10 shares at 70.10\"\". The guy doesn't want that so they do it over again at 70.09  Eventually they notice when the guy accepts at 70.00  So now they knew this guy is willing to pay that. Then HFT buys all the shares they can. ALL SHARES, not just the amount the guy wants. They buy it all at 69.95, which is higher than the 69.70 the guy just paid or whatever.  They then sell it all back to the guy at 70.00  The guy has no choice because all the shares are now gone. He has to pay his highest price.   Once the guy gets his order the HFT just dumps the rest of the shares back at the price they bought them at.  edit: Another way to pull this off is to just literally build your own exchange. Then you can do all of this without any clever tricks. You can just outright give yourself preference over everyone else because you can truly decide what order the trades are being executed.\""}
{"_id": "529229", "title": "", "text": "\"Given the exact formula that goes into the 'Fair Issac\"\" calculation is a closely guarded trade secret, AND that each agency has their own formula, I'm not sure there's really any 100% for sure authoritative answer to the question in terms of which option would be best.  There are a lot of balancing factors, like how long you've had accounts, payment history over time, etc.  Stuff that is known to HURT a score can include things like closing a longstanding account.   If you have a very low interest loan (like some car companies offer now and then) I'd just make the normal payments.  If you have something at a higher interest rate, especially above 6-7%, then I'd worry less about credit score and more about how much I'm going to pay in interest and pay it off as rapidly as I could. The big key is 'never pay late' more than anything else,  Followed by how much of your debt capacity is used (which paying down any account, loan or credit card, will help), and long standing relationships (length of history)  See this (approximate) chart and notice that any early payoff is basically going lower your 'capacity used', possibly reduce the types of credit used (if it's the last loan of that type), all of which should help your score.\""}
{"_id": "529244", "title": "", "text": "Probably marketing if the degree is of high quality. Marketing is a the bottleneck  of many businesses.   But there are at least some things about entrepreneurship he should learn, like customer development by steve blank.  But i actually think instead of learning, trying hard to think of a good business , and succeeding in getting into a good accelerator, like y-combinator, is the best education for funding a growth startup."}
{"_id": "529265", "title": "", "text": "\"Even though this is really a psychology question, I'll try to give you an answer. You do nothing but stay away.  What's going on is too small to matter. Bernie Madoff took investor's money and scammed them for $15B. That's B, billion, 9 zeros (Yes, I realize the UK Billion has 12, these are US Billion). Harry Markopolos was on to him, and presented his evidence to the government, but \"\"No one would listen.\"\" In quotes because that's the title of the book he published on his experience. Even Barron's had an article suggesting that Madoff's returns were impossible. Eventually, it came to light. In my own experience, there was a mortgage acceleration product called \"\"Money Merge Account.\"\" It claimed to help you pay off your mortgage in a fraction of the time \"\"with no change to your budget.\"\" For two years or so, I was obsessed with exposing this scam, and wrote articles, nearly every week discussing every aspect of this product. Funny how even though mortgages are math that's pretty easy to explain, few sellers wanted to talk about the math. Using the same logic that you don't need to understand how a car works as long as you know how to drive. There were some people that would write to tell me I saved them the $3500 cost of that product, but mostly I argued with sellers who dismissed every word I wrote as if the math were incomprehensible to anyone but the software guys who wrote it. In the end, I had compiled a PDF with over 60 pages of my writing on the topic, and decided to call it quits. The product was recycled and now is sold as \"\"Worth Unlimited,\"\" but the software is the same.  This is all a tangent to your problem. It simply offers the fact that the big scam, Bernie, continued for a long time, and people who were otherwise intelligent, fell for his promises, and didn't want to believe otherwise. The mortgage software had many bloggers writing. Searching on the web found a lot of discussion, very easy to find.  People will believe what they wish. Tell an Atheist that God exists, or a believer that He doesn't, and your words will fall on deaf ears. Unfortunately, this is no different.\""}
{"_id": "529312", "title": "", "text": "\"The basic optimization rule on distributing windfalls toward debt is to pay off the highest interest rate debt first putting any extra money into that debt while making minimum payments to the other creditors. If the 5k in \"\"other debt\"\" is credit card debt it is virtually certain to be the highest interest rate debt. Pay it off immediately. Don't wait for the next statement. Once you are paying on credit cards there is no grace period and the sooner you pay it the less interest you will accrue. Second, keep 10k for emergencies but pretend you don't have it. Keep your spending as close as possible to what it is now. Check the interest rate on the auto loan v student loans. If the auto loan is materially higher pay it off, then pay the remaining 20k toward the student loans. Added this comment about credit with a view towards the OP's future: Something to consider for the longer term is getting your credit situation set up so that should you want to buy a new car or a home a few years down the road you will be paying the lowest possible interest. You can jump start your credit by taking out one or two secured credit cards from one of the banks that will, in a few years, unsecure your account, return your deposit, and leave no trace you ever opened a secured account. That's the route I took with Citi and Wells Fargo. While over spending on credit cards can be tempting, they are, with a solid payment history, the single most important positive attribute on a credit report and impact FICO scores more than other type of credit or debt. So make an absolute practice of only using them for things you would buy anyway and always, always, pay each monthly bill in full. This one thing will make it far easier to find a good rental, buy a car on the best terms, or get a mortgage at good rates. And remember: Credit is not equal to debt. Maximize the former and minimize the latter.\""}
{"_id": "529313", "title": "", "text": "\"There's a lot wrong with your explanation and analogy.  I believe you are trying to refute otherwiseyep but you haven't really.  You have described the \"\"work\"\" or the \"\"step in the money-building process,\"\" that was happening *before* otherwiseyep's scenario.  otherwiseyep's scenario begins at \"\"the apple farmer wants to get some meat but the orchard hasn't matured yet,\"\" implying that apples have in fact been traded for meat in real time.  Secondly, I would much prefer a person build their own explanation and analogy than build onto someone else's while thinking it insightful in any way.  Lastly, you went all Paul Krugman on us and used the word \"\"costs of production\"\" which I *think* you mean to be \"\"work\"\" but you did not build that analogy.  When you went \"\"Paul Krugman,\"\" you jumped a HUGE boat.  Krugman talks about very advanced economics and some of his stuff is political in nature.  At no point did you build any specific analogies to Paul Krugman's many theories.  You so completely lost me with that, I almost went into negative integers.  Edit:  otherwiseyep had been misspelled as otherwiseyes.  Slightly laughable.\""}
{"_id": "529324", "title": "", "text": "I thought the Finance Buff made a pretty solid argument for a financial advisor the other day: http://thefinancebuff.com/the-average-investor-should-use-an-investment-advisor-how-to-find-one.html But 1.5% is too expensive. The blog post at Finance Buff suggests several alternatives. He also has the great suggestion to use Vanguard's cheap financial planning service if you go with Vanguard. A lot of investing advice fails to consider the human factor. Sure it'd be great to rebalance exactly every 6 months and take precisely the amount of risk to theoretically maximize returns. But, yeah right. It's well-known that in the aggregate individual investors go to cash near market bottoms and then buy near market tops. It's not that they don't know the right thing to do necessarily, it's just that the emotional aspect is stronger than any of us expect. You shouldn't rely on sticking to your investments any more than you rely on sticking to your diet and exercise program ;-) the theoretically optimal solution is not the real-world-people-are-involved optimal solution. My own blog post on this suggests a balanced fund rather than a financial advisor, but I think the right financial advisor could well be a better approach: http://blog.ometer.com/2010/11/10/take-risks-in-life-for-savings-choose-a-balanced-fund/ Anyway, I think people are too quick to think of the main risk as volatility, and to think of investing as simple. Sure in theory it is simple. But the main risk is yourself. Fear at market bottoms, greed at market tops, laziness the rest of the time... so there's potential value in taking yourself out of the picture. The human part is the part that isn't simple. On whether to get a financial advisor in general (not just for investments), see also: What exactly can a financial advisor do for me, and is it worth the money?"}
{"_id": "529344", "title": "", "text": "Trump is having difficulty attracting talent!???  Lmfao.  He's got self made millionaires flocking to him and refusing to accept a salary, just like Trump himself.  The alternative facts is that Obama had too many people doing work that only a required a few.  Also Obamas cabinet was hand picked by Citigroup!!!  Talk about even more corruption.  Next.   :)"}
{"_id": "529355", "title": "", "text": "I started an Apparel company. They started out small in their garage. They moved to my converted garage and when I got pregnant I decided to just take the leap at 5 months pregnant. Quit my zoo keeping job making very good money to making practically nothing and started a company from scratch. I had no name or really idea. But as the weeks passed I figured it out. Last year the company made 100k now that's not profit but I'm proud of it. Since I quit my job in July 2015. If you love it make it more than just a hobby. You'll thank yourself later. Good luck"}
{"_id": "529366", "title": "", "text": "You would need additional information (login information [username and which service]) to fully make use of it though.  I'm not sure how you would collect that? You could use such a service to build a dictionary for a dictionary attack I guess. It's only after this sort of attack that people start explicitly checking their passwords though?   edit: From re-reading your comment I see you've already come up with the same limitations. To answer the question you actually asked, I would say you have no way of knowing these sha1 generators don't store the queries, just that it would be difficult to use the resulting dictionary. You would see which hashes are on your list versus the hashes on the leaked list. And then use those matches as a dictionary to attack someone's linkedin account."}
{"_id": "529367", "title": "", "text": "That's a bullshit strawman.  Making unsafe products is never in the manufacturers interests.  In fact it lets manufacturers off the hook.  Because if a product does turn out to be unsafe you can't sue them because they followed the arbitrary guidelines set forth by a bunch of idiot politicians, so they can't be held at fault."}
{"_id": "529381", "title": "", "text": "If 10K is all of your savings, I would reserve a portion for an emergency fund for your car and other life situations before spending it all on a car. Maybe this means you set 3k aside and buy a 7k car."}
{"_id": "529393", "title": "", "text": "Given the way people act in reality, I think this would lead to people buying ponzi scheme currencies, or preferring the ones with the best advertising budgets or aesthetic look, or otherwise getting constantly scammed.  I certainly don't think people would usually save in the best reputation currencies, and if they did, I figure those currencies would get new management once they became successful, who would sell them out for short term gain and be just as prone to printing their buddies out of bankruptcy as the government.  If even nation states, who have a very strong long term interest in maintaining good currency, play all sorts of shenanigans with it, I see no reason to expect bodies with shorter term interests would do a better job."}
{"_id": "529402", "title": "", "text": "It depends a large part on your broker's relationship with the issuing bank how early you can participate in the IPO round. But the nature of the stock market means the hotter the stock and the closer to the market (away from the issuing bank) you have to buy the higher the price you'll pay. The stock market is a secondary market, meaning the only things for sale are shares already owned by someone. As a result, for a hot stock the individual investor will have to wait for another investor (not the issuing bank) to trade (sell) the stock."}
{"_id": "529406", "title": "", "text": "Yes and H1B is NOT CHEAPER for companies to employ.  Companies end up paying the H1B salary, the H1B holder, the lawyers, and so on.  H1B's have a skillset that the locals do not. If people do not like it then just get the skillset. This isn't that hard to understand...but the mainstream media just wont explain it.  Great post btw."}
{"_id": "529407", "title": "", "text": "Online shopping grows exponentially every year, but Amazon still wanted physical stores, because people want products now, not a week from now. Once the initial loss occured, physical retail levelled out, and now retail has begun to grow again, utilizing new ideas (order online, pick up at the store, get it a little faster. The new scan and go systems that are being used, etc.)"}
{"_id": "529413", "title": "", "text": "\"If you give a group of people the special \"\"right\"\" to steal and force people to do things you want then of course it will be corrupted. Did you know that a corporation is a government construct designed to remove personal responsibility from the ownership and management of companies often owned by your \"\"representative\"\". You like theft you just want things to be stolen for you. Just admit it you want people to steal and give that stolen money to you.\""}
{"_id": "529418", "title": "", "text": "The typical case would be - as you expected - that the interest goes down equally dramatically, and you would pay much less interest. Note that that does not remove your obligation to pay the full 1000 every month - even though you could argue that you are 90 months ahead in paying, you still need to deliver 1000 a month, until it is fully paid. Some mortgages are made differently - they do not allow that. Basically, if you pay a large amount at once, it is considered a 'pre-payment' for the next x month. As a result, you are now x months ahead (and could stop paying for that much time), but your interest stays high. The latter type 'protects' the bank against 'losing' the interest income they already planned for. As a balance, those type of mortgages are typically slightly cheaper (because the bank is in a better position). You did not specify a country; in Germany, typically all mortgages are of the second type; but - you can get 1.35% mortgages... In the US, most are the first.  You need to check which type you have, best before you pay a large amount. In the latter case, it is better to invest that money and use it to pay off as soon as you reach the threshold; in the first case, any extra payoff is to your advantage."}
{"_id": "529428", "title": "", "text": "Having functional storage spaces in your office, including lockers, are a must, especially when you are working with many employees. Here at Prodigy Office Furniture, we have the highest quality bookcases, filing cabinets, storage cupboards and lockers Melbourne has to offer."}
{"_id": "529435", "title": "", "text": "\"This forum is not intended to be a discussion group, but I would like to add a different perspective, especially for @MrChrister, on  @littleadv's rhetorical question  \"\"... estates are after-tax money, i.e.: income tax has been paid on them,    yet the government taxes them again. Why?\"\" For the cash in an estate, yes, that is after-tax money, but consider other assets such as stocks and real estate. Suppose a rich man bought stock in a small computer start-up company at $10 a share about 35 years ago, and that stock is now worth $500 a share. The man dies and his will bequeaths the shares to his son. According to US tax law, the son's basis in the shares is $500 per share, that is, if the son sells the shares, his capital gains are computed as if he had purchased the shares for $500 each. The son pays no taxes on the inheritance he receives. The deceased father's last income tax return (filed by the executor of the father's will) does not list the $490/share gain as a capital gain since the father did not sell the stock (the gain is what is called an unrealized gain), and so there is no income tax due from the father on the $490/share. Now, if there is no estate tax whatsoever, the father's estate  tax return pays no tax on that gain of $490 per share either. Would this be considered an equitable system? Should the government not tax the gain at all? It is worth noting that it would be possible for a government to eliminate estate taxes entirely, but instead have tax laws  that say that unrealized gains on the deceased's property would be taxed (as capital gains) on the deceased's final tax return.\""}
{"_id": "529444", "title": "", "text": "As all said, the age limitation thing is nothing, and saving money not necessarily means to live poor nor Skimpy, spend your needs and try to get what you need instead of what you want, the 24 years old is a good start for saving money, the whole life still in front of you Good luck!"}
{"_id": "529450", "title": "", "text": "\"I'm hazy on this part:  &gt;  I say, \"\"Jeez, I'd love to, but I really need all the cash I can get for every deer right now: my kid is out-growing shoes like crazy.  Tell you what: if you can write me a promise to pay twelve Loddars in October, I can give that to the shoe-maker.\"\" You groan about the \"\"interest rate\"\" but agree. &gt; &gt;Did a lightbulb just go off? **You and I have once again created *Money***. Twelve loddars now exist in the town economy that *have not been printed by the central bank*. Counting all the money trading hands in the village, there are now (a) all the loddars that have ever been printed, *plus* (b) *twelve more* that you have promised to produce.   If we switch out of story mode and into real world mode (I'm the apple guy equivalent), you are a bank that just made me a loan? You've given me $10 and charged me $2 interest? And you've gone and spent that promise of $12 on something? Why are you able to spend that promise? I would have thought you'd just not be able to buy anything for now because you're making a short term sacrifice of giving out your stuff and being without it in order to get more from me later than you could have right now. I'm guessing this is something to do with fractional reserve but I was never clear on that.  &gt; ... Now, what happens if another wildfire hits your orchard? Those twelve loddars are destroyed, they are gone, the shoe-maker is twelve loddars poorer, without spending it and without anyone else getting twelve loddars richer.   Why do I not still owe you $12? My value engine is gone, but wouldn't you keep my debt on the books and still hold me to it? Wouldn't I have to pick myself up, work somewhere else for a wage or make and sell something else, and pay you money I made over time until the $12 (or more with more interest) was paid off? And has any new money really been created if I work for that money, get it from someone else, and then pay it to you? There's no new money there yet that I can see. Seems like you created new money when somebody else agreed to let you buy things with the promise I wrote you. That sounds like new money. But if my orchard is destroyed and for reasons I'm not clear on (see above), the $12 of value I could have gotten out of it is destroyed, but you already spent the new money, how are you out anything? Seems like you're still up $2. I feel like there is either one too many pieces on the board or one too few and I can't get my head around it. I feel like I have one foot still in the ELI5 example and not all the way out in the real world.\""}
{"_id": "529455", "title": "", "text": "They will not send a bill, though there's a chance they will eventually send an accusatory letter.  You must proactively pay your taxes. The simplest route is to send a check to each taxing authority with the respective full amounts due.  I wouldn't bother calling them.  You could also file amended returns with each containing the correct information.  As a general rule, tax advisors tend to counsel against giving bank account information to the IRS for payment purposes (as opposed to refund purposes), both to protect the timing of payment and to make it slightly more difficult for them to seize or lien your account. If you choose to send a check, you can use Form 1040-V and NY Form IT-201-V.  Please triple check your Social Security Number matches your tax return SSN, so they correctly credit you for payment.  You may include an explanation of the closed account if you are feeling either fearful or contrite, but if the amount due is paid in full, then neither taxing authority should really care about your error."}
{"_id": "529456", "title": "", "text": "Without using the cash advance feature of your credit card, I'm going to say no.  No mortgage lender would let you simply charge the down payment to your credit card. The reason is the merchant transaction fees.  Typical credit card transaction fees that the merchant pays are around 3%.  If the lender accepted credit cards on a $30K down payment, they would be giving up around $900. In addition to that, the whole reason for requiring a down payment is to ensure that the buyer has some equity in their own home.  Many lenders will want to know the source of the down payment and will not allow you to borrow this down payment, because they want to ensure that you are not too far into debt.  No-money-down home purchases are much more rare than they were 10 years ago."}
{"_id": "529459", "title": "", "text": "(community wiki) Ontario special HST sales tax transition rebate cheques: When and how much? What will happen to quarterly GST cheques when HST starts in Ontario? Ontario HST rebate: When would I qualify? Ontario gas prices & HST: What will happen to prices at the pump on July 1, 2010? How will Ontario\u2019s HST apply to books / textbooks, which were PST exempt before? How can I minimize the impact of the HST? How does the HST affect a condominium purchase? Will I need to pay HST on condo maintenance fees? My Ontario small business collects only PST (beneath GST threshold). How will HST affect me?"}
{"_id": "529491", "title": "", "text": "I think usually the difference is between two cars that one is more expensive than the others not if some large difference. In combustion engines three options maybe a more expensive V8 or V6. So that you could be 6 I know that I'm getting a smaller motor and certain things come with that that may not be as superior to the V8. In my head, and let me stress this is just my opinion and everything else anyone else thinks it's fine, you buy a Tesla in the exact same battery assist in the more expensive model but it's wall by software It just strikes me as strange. But once again I will never own a Tesla but I'm very happy for Tesla enthusiasts and I wish Elan all the best and success. I'm just stating my opinion that I want a substantial difference in the mechanics and quality of a vehicle intangible terms and not get the same equipment walled off for Less"}
{"_id": "529499", "title": "", "text": "\"Judge Rakoff wrote: \"\"Finally, in any case like this that touches on the transparency of financial markets whose gyrations have so depressed our economy and debilitated our lives, there is an overriding public interest in knowing the truth. In much of the world, propaganda reigns, and truth is confined to secretive, fearful whispers. Even in our nation, apologists for suppressing or obscuring the truth may always be found. But the S.E.C., of all agencies, has a duty, inherent in its statutory mission, to see that the truth emerges; and if fails to do so, this Court must not, in the name of deference or convenience, grant judicial enforcement to the agency\u2019s contrivances.\"\"\""}
{"_id": "529501", "title": "", "text": "This just isn't true.   I could very easily do 'mobile development' because I've learn to do pretty much every other kind of development.  But no company would ever hire me (or anyone like me) for mobile development because I don't have 'experience'.   The same shit happens with computer languages.  A Java programmer could easily learn C# but no company would ever hire them for it.   It's an absurd system."}
{"_id": "529509", "title": "", "text": "\"You probably entered it wrong in TurboTax. Distribution code \"\"2\"\" should have triggered some more questions in the TurboTax, but I don't know exactly how it works there. Bottom line is that you need to add form 8606 to your return. Here's something on Intuit forums that tells you how to get to it.\""}
{"_id": "529513", "title": "", "text": "I agree with the deposit part. But if you are buying a new car, the loan term should meet the warranty term. Assuming you know you won't exceed the mileage limits, it's a car with only maintainence costs and the repayment cost at that point."}
{"_id": "529525", "title": "", "text": "\"Looking back, we used MS because that was the only viable option and it's complete dogshit. I think it's this legacy that's turning people away from Microsoft devices. Their OS, Mp3 players, Phones, and tablets...people don't want them anymore. We dealt wit their confusing garbage technology for so long that as soon as someone else showed us a new \"\"way\"\", everyone was on-board.    How many times did we wipe machines to make them faster? Field phone calls from relatives for help? Spend hours upon hours setting shit up for ourselves and others? That was all because of Microsoft design. My 65 year old parents do everything on their ipads. My dad just bought an iMac today. My 88 year old grandmother uses her ipad daily. They never ask me how to do anything, they figure it out on their own because it's well designed.  So I think Microsoft's past is their downfall. We didn't like having to deal with all that crap for decades. People who lived through MS tech don't want it anymore and they don't trust their new stuff. We've already broken up with MS and moved on.\""}
{"_id": "529527", "title": "", "text": "\"&gt; no factory will let you operate machinery stoned.  Because if someone gets hurt they may require **medical care**.  Also, there is currently no hard definition of \"\"stoned\"\" and drug tests do not show if someone is \"\"stoned\"\" or not, just that they have used the drug at sometime in the past.    Yes there are non medical compensation costs to be considered as well, but all of it is really rooted around the insurance industry which in turn lobbies against drug legalization.    Its not just CEOs of course, but if there were more business leaders that would speak up about these things and not just play into the right wing anti-drug propaganda then maybe we could make some slow progress.\""}
{"_id": "529528", "title": "", "text": "According to TurboTax, it is perfectly legal to final as an individual with zero income. But, alas, according to Entities, by the IRS, you must file as a partnership or a corporation even if you have zero income.  As for my two cents, I can only see it being advantageous for filing on expense purposes, but as you have no income, the point is mute. Hope it all goes over well as the forms are due March 15."}
{"_id": "529543", "title": "", "text": "\"I may be missing something here, but I don't think this is a disadvantage. The fact that the employer contribution will be taxed is the same as it would be if it were a match in a traditional account, so the amount you lose to taxes on it is a wash. The employer contribution is only smaller if you can't afford to contribute as much to the Roth because it's post-tax, and therefore your contribution is under the cap for the match. If you're contributing the maximum the employer will match or higher, then I don't think there's any disadvantage on the match portion. First, the 5% cap on employer contributions is calculated on the gross, even in a Roth account. Second, the taxing of the amount contributed to a Roth does not reduce the dollar amount that goes into the Roth account, it just reduces your net pay. So if your contribution is $100 to a Traditional account, your gross pay is reduced by $100 and your Traditional account gains $100. In the Roth, your gross pay is still taxed as though that $100 were included, but the $100 is put into the Roth. The tax portion of that \"\"after tax\"\" money does not reduce the amount of the contribution.\""}
{"_id": "529546", "title": "", "text": "\"To the same people commenting on the Laffer curve being not true on another post, here ya go.   This is how you don't collect taxes at exorbitant rates. Government is greedy and dumb, while private enterprise is greedy and smart. They will never get what they want because the people with the money are smarter than those writing the rules.   Go put Elon Musk alone in a room with Maxine Waters and he will own Inglewood, Hawthorne, Lawndale, and Lomita in an hour as she embezzles some off the books \"\"donation.\"\" And, for the record, those communities would be a thousand times better for it.  George Steinbrenner DIED at the exact right time for his family to not have to pay 55% on the estate. They paid nothing. In New York State. The second bastion of high taxes, and they still got fleeced for 55% of one of the most valuable sports franchises in the world.\""}
{"_id": "529551", "title": "", "text": "\"Another option would be to not refinance but also not pay any extra each month but to continue as you are making the existing payments and just put the \"\"extra\"\" you would have paid aside in an investment of some type (something you are comfortable with)  This as the added benefit of not tying up this extra money in your house should you need it in the next few years for something else. You would then have the option in 2 or 3 years of continuing on this path or closing the investment and paying off the remaining principal in one lump sum.   If nothing else that big payment would be a really fun check to write.\""}
{"_id": "529553", "title": "", "text": "Metropolitan Shredding is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Brisbane."}
{"_id": "529565", "title": "", "text": "Yes. This income would be reported on schedule SE. Normally, you will not owe any tax if the amount is less than $400.  Practically, $100 in a garage sale is not why the IRS created the form SE. I wouldn't lose sleep over keeping track of small cash sales over the course of a year. However, if you have the information I'm not going to tell you not to report it."}
{"_id": "529588", "title": "", "text": "&gt; Amazon used steep discounts to turn its Echo speaker line into a best-seller. Even if Amazon loses money on the device sales, it gets a toehold for its Alexa digital voice-assistant platform to become more connected to shoppers who can use it to check the weather, stream music, hail an Uber, order pizza -- and of course buy more from Amazon -- by voice command."}
{"_id": "529600", "title": "", "text": "\"Dear Bot of Doom,   I appreciate your concern, and will consider your suggestions. However, you don't know anything about my level of knowledge or the training that I've had, what risks I'm taking and how I calculate them, or where my gambles will take me and my financial situation. A lot of people like to try to tell me that I'll fail.. Who knows what my future holds? All I can do is make my plan and stick to it, while educating myself along the way. And if I do in fact fail sometime in the future, walk into a buzzsaw, lose nearly everything, the blame will be solely on myself. Not on some \"\"professional\"\" who I've paid to manage my finances. I don't know.. Like I said, I appreciate your concern, I really do.. We shall see what happens in the future :)   Love,  Rachel\""}
{"_id": "529613", "title": "", "text": "\"I'm talking about the origins in Greece. It was very simple: \"\"encouragement was held out to all who should discover any new refinement in luxury, the profits arising from which were secured to the inventor by patent for the space of a year.\"\"\""}
{"_id": "529626", "title": "", "text": "Probably more like ELI10.  Bob gets 10$ a week in lunch money from his parents.  Jim's dad works as a travelling salesman and makes a fixed salary plus a weekly commission, jim gets 5$ in allowance + whatever extra his dad makes, some weeks 20$ some 5$ some 7.  So Jim wants to make his allowance a bit more constant and bob wants a piece of the commission.  Mathematically: Bob's allowance = 10$/week  Jim's allowance = 5$ + C / week  C is unknown.   So they make a deal. Jim will receive 5$ from Bob every week. In return Jim will pay bob the  extra allowance every week.  The new deal is  Bob = 5$ + C  Jim = 10$   How they get to this arrangement is every week they sit at the lunch table. Bob takes out 5$, jim takes out his extra commission. They net the amount and pay whomever profits."}
{"_id": "529638", "title": "", "text": "\"The recommendations you read were, very probably, talking about US listed funds in US dollars. The mexican Bolsa de Valores says that they list over 600 mutual funds  so \"\"Yes\"\" you can invest in Mexico using Pesos if that is what you want.  You need a Corredor de Bolsa or mexico broker. Here they are.  Most international investors use exchange traded funds ETF because theirs fees are cheaper than mutual funds.  The ETF are mostly listed and traded in us stock exchange. Here they are. US mutual funds are in dollars and, because you are living in Mexico, you will have a currency risk and probably taxes.  Mexico mutual funds in Pesos do not carry any currency exposure unless the companies involved do business in the United States. You have to think about your currency exposure. B. Veo\""}
{"_id": "529653", "title": "", "text": "The most important lesson is never lend money to friends, unless you are willing to forget the lent amount, if the need arises to save your friendship. Money and relations/friendship is a dangerous cocktail. Your friend may assume, as you are his friend he may get lenient treatment while treating the money. And if you harangue about the money your friendship may suffer. So be careful while lending money to friends. If you make up a contract, your friend may ask why, if he isn't reasonable, as you are his friend. From personal experience, I forget about the lent money but jot it down somewhere. And when I am repaid I strike it off. I never discuss about the money or bring it up. People don't like to be reminded by a friend that they owe them money.  But refusing also isn't a viable option either. You probably have to take a middle path."}
{"_id": "529678", "title": "", "text": "Carrying $5k debt would cost you $400 per year at an 8% interest rate. At 19%, that would be $950 per year. Pay off your cc debt, put the other 2k on your student loans, and the money you save in interest on your cc debt goes toward your student loans too. When all your debts are paid off, you have an emergency fund saved up (usually 3 months' living expenses), you've met all your other goals (car, house, college fund for the kids, retirement fund), and you still have some money to spend, then go to Vegas and enjoy yourself while probably losing it all."}
{"_id": "529689", "title": "", "text": "It will usually take a week or two for changes to your withholding to take effect in payroll.  However 0 deductions will withhold more per check than 3.  So if at 0 deductions you are having to pay in April then I would suggest not changing your W2 to 3 deductions.  Instead in the section for extra with holding add $25 per week.  This should leave you with a more manageable return in April."}
{"_id": "529713", "title": "", "text": "That's a double edged sword though. You can't just allow an economy to rely on that forever. At some point the U.S. has to stand on it's own feet. The fed can't support an entire economy indefinitely. They've already started taping, for good reason. Plus, you don't really know how bad inflation is when it's being masked by QE."}
{"_id": "529715", "title": "", "text": "\"As Michael McGowan says, just because gold has gone up lots recently does not mean it will continue to go up by the same amount. This plot:  shows that if your father had bought $20,000 in gold 30 years ago, then 10 years ago he would have slightly less than $20,000 to show for it. Compare that with the bubble in real estate in the US:  Update: I was curious about JoeTaxpayer's question: how do US house prices track against US taxpayer's ability to borrow?  To try to answer this, I used the house price data from here, the 30 year fixed mortgages here and the US salary information from here. To calculate the \"\"ability to borrow\"\" I took the US hourly salary information, multiplied by 2000/12 to get a monthly salary. I (completely arbitrarily) assumed that 25 per cent of the monthly salary would be used on mortgage payments.  I then used Excel's \"\"PV\"\" (Present Value) function to calculate the present value of the thirty year fixed rate mortgage. The resulting graph is below.  The correlation coefficient between the two plots is 0.93.  There are so many caveats on what I've done in ~15 minutes, I don't want to list them... but it certainly \"\"gives one furiously to think\"\" !! Update 2:  OK, so even just salary information correlates very well with the house price increases.  And looking at the differences, we can see that perhaps there was a spike or bubble in house prices over and above what might be expected from salary-only or ability-to-borrow.\""}
{"_id": "529727", "title": "", "text": "There are short-term and long term aspects. In the long term, if you live and work in Australia and plan to continue doing both indefinitely, you might as well move all your cash investments there.  There would be no point bearing the exchange rate risks.  It may be worth keeping the account open with just enough credit to stop it being shut down.  There is no point needing to (think about) filing foreign tax returns just because you have an account earning a small amount of interest. In the short term, I think the more important question is practicality rather than exchange rate risk.  You want to have enough cash in both countries that if you suddenly have to pay say an apartment deposit or a bill, you won't be caught short.  So I would leave at least a few thousands dollars in a US bank account until at least a couple of months after the move, when I was sure everything was settled. Good luck."}
{"_id": "529731", "title": "", "text": "There is no limit on how much money you can bring into the USA, in Cash or through electronic transfer. You only need to be able to proof or convincingly show that you earned it legally and paid all potential US taxes that you had to pay. If you chose to bring it in cash, you need to tell customs when arriving (and again, be prepared to proof the legal sources). Wire transfer, cash in the suitcase, whatever you like. There is no tax for bringing the money, and the tax for making that money supposedly is already paid. Once the money is in the US, and earns more money, you will owe taxes on the gain (not on the capital itself, just on the amounts it increases by) I hope you understand that if you live in the US, and you have money anywhere in the world, you might need to report it to the IRS; and if your money makes interest anywhere in the world (including of course in India), you might be are required to pay US taxes on the gains. That is independent of your question; but if you don't do it, you are cheating the IRS, and they will ask this when you bring the money back."}
{"_id": "529784", "title": "", "text": "A person name Matthew Drury or a similar name owes money on their loan, and it has gone to collections. The collections company is trying to match the account to a real person with money. They sent a letter to somebody (your grandmother) with the same last name. The debtor may have even lived in that town at sometime.  The reason you received the letter is because your grandmother forward it on. Because the rest of your info (SSN and birth date) don't match the loan it is unlikely they can attach the debt to you. Unless you provided your address to the company you could in the future receive a letter from them. But I doubt they are going to send letters to everybody with the same name. I would not worry about it unless they actually send a letter or call you directly."}
{"_id": "529785", "title": "", "text": "&gt; It's often the minimum wage employees that I see abused the worst, they are easily replaceable by their employer and punishment for violating workers rights is a slap on the wrist.    Yeah, this is a good point.  I think the experience skews significantly as you go down the skill-level / prestige of the job.  An interesting observation (maybe) would be that this mostly applies to people who are *only just* above minimum wage, such as Walmart employees.  They get paid enough that it would be hard to find another retail job at the same pay level.  But certainly not enough to be considered well-off.  True minimum wage earners who I've known typically don't give even the smallest shit about their employer.  They switch employers in the blink of an eye, and at the slightest provocation.  Minimum wage jobs are as much a commodity for the employees, as minimum-wage employees are to the company.   &gt; A lot of this was to get over a peak of work... However now I have been granted some flexibility   Well said.  My situation is very similar.  The company communicates their needs to me, and so I'm well aware of when peaks are likely to occur, and of the consequences of missing deadlines, etc.  It rarely comes as a surprise."}
{"_id": "529786", "title": "", "text": "\"The statement is (in laymans terms - if not in real terms) correct. Most credit cards (I know this to be true for VISA and Mastercard) have dispute processes and will do a chargeback on the merchant - ie take the money back from the supplier in cases where you don't receive the goods or other fraud - Particularly if they can't produce a signature and (for transactions which are not face-to-face) a tracking number. Your exact rights will vary by bank, but mostly they need to follow the guidelines set by the Credit Card company - and you do need to be a bit careful - if you received goods which were fake or a dispute arises you may be up for shipping the goods back to the merchant - and you have a limited - but reasonable time - in which to make the dispute. (The statement \"\"the money is the banks\"\" is not technically true, there is no money involved until you pay it, only credit [ they are very different, but almost no-one knows that, I communicated with a Minister of Finance on the topic], but this is quite technical and as a layman not something you need to worry about here)\""}
{"_id": "529790", "title": "", "text": "Buxfer is a personal-finance web app which you might like.  It's not open-source.  But at least none of your complaints about financeworks.intuit.com apply to Buxfer. Buxfer offers a piece of software you can download to your own PC, called Firebux.  This macro-recording software provides automation that helps you download statements and upload them to Buxfer.  So you never have to give Buxfer any of your bank or brokerage usernames or passwords. Buxfer and Firebux are both free of charge. Wesabe, another personal-finance web app, also used to offer data-uploader software, but Wesabe has now gone out of business."}
{"_id": "529796", "title": "", "text": "\"If you deposit the money in your account, it will count against the gift tax exclusion for you, not your daughter. As such, you should open a bank account for your daughter.  Assuming she already has a social security number, this will not be complicated.  Otherwise, apply for one, as mhoran notes before the end of the year. The kind of account you should open depends on the purpose of the money, but likely it should be opened as a Uniform Gift to Minors Act, or Uniform Transfer to Minors Act, account.  This means it is your daughter's account (not yours), but you designate one or more custodians who are the ones who can actually make withdrawals.  Any money in this account must be spent in your daughter's interest, but it's not required to be spent with her approval (even as an older child) nor on a specific thing (it's not just college money, like a 529 account is). Before you do so, you should consider how to set up custodianship.  Some parents simply make themselves custodians; some ask another relative to be custodian or joint custodian, or even someone like a godparent or close trusted friend.  Having a joint custodian is helpful if you feel like it may be challenging to not dip into the account if you had financial difficulties (as both custodians must sign off on withdrawals). Finally, you should consider whether you want this to be a simple bank account, or whether you might want to consider something like Vanguard or Fidelity investment account.  If it's likely to contain over $10,000 or whatever the reduced/no fee limit is at the investment firm you choose, it may well be worth your while to do this as you can earn significant returns fairly safely, assuming the money is intended for longer term use (for college or other later-in-life uses). Note that for tax purposes, this gift will count for 2016 taxes regardless of when you actually set up the account, as you have \"\"constructively received\"\" the gift when the check was given to you.  So there's no rush to work this out before the end of the year; you can still deposit it next year.  However, your daughter needs a SSN to be able to be claimed as a dependent on your taxes, so that at least needs doing before the end of the year.\""}
{"_id": "529835", "title": "", "text": "If I can play the Devil's avocado, though, these foreign-owned entities will still be subject to the laws of the country they operate in. I mean, if they're State-owned, there's little accountability because the government is largely shielded from being called out if they screw up, whereas a privately owned enterprise is accountable if they make mistakes."}
{"_id": "529839", "title": "", "text": "\"This question is really general to answer. That's like asking \"\"Is it easier to be a dog or a cat?\"\"   Your answer is going to be defined by your circumstances and approach, which are going to come somewhere from the following:  - How much capital do you have to start stuff?  - Can you get a loan? If so, how much is it? - Do you already have a business model? Is it going to effectively compete against existing, successful businesses? - Do you have a unique advertising gimmick?  - Is this a technical business? Does it require a patent? Is that patent already secured? - Do you already have a new idea or technology? - Where will you find talent? - Do you have any experience with investment? How aggressive are you going to be investing?  - Do you have any experience with business?  Just remember, the overwhelming majority of businesses fail. I know several business owners (some successful, some unsuccessful).   The list goes on, and honestly I don't think Reddit is a good place to start.\""}
{"_id": "529844", "title": "", "text": "\"You can think of the situation as a kind of Nash equilibrium.  If \"\"the market\"\" values stock based on the value of the company, then from an individual point of view it makes sense to value stock the same way. As an illustration, imagine that stock prices were associated with the amount of precipitation at the company's location, rather than the assets of the company.  In this imaginary stock market, it would not benefit you to buy and sell stock according to the company's value.  Instead, you would profit most from buying and selling according to the weather, like everyone else.  (Whether this system \u2014 or the current one\u00a0\u2014 would be stable in the long-term is another matter entirely.)\""}
{"_id": "529845", "title": "", "text": "Everything here is yours and can be rolled into your new plan or IRA. You can generally move your 403(b) assets into your traditional IRA or into your new employer's plans, assuming your new employer's plan allowing incoming roll overs.  You can probably roll your pension out as well. Actually, the right person to ask about this is the company with whom you have your IRA.  The easiest and best way to get assets from one tax-sheltered account to another is by contacting the company you want to roll INTO and having them take care of everything for you."}
{"_id": "529852", "title": "", "text": "I would sit down with the creditors and negotiate smallest amount you can get before agreeing with whatever you have to pay. Think that, for them, it's much more convenient to get way less than $36K than to see you in collections. Needless to say, don't tell them you have to money to cancel off :-)"}
{"_id": "529853", "title": "", "text": "You have two options for deducting childcare expenses in the US. Both are discussed in Publication 503.  You can claim the Childcare Tax Credit using Form 2441, which has instructions here. First, you can enroll in a dependent care FSA.  You enroll in this through your employer; either you or your spouse can.  $5000 can be deducted pre-tax from your paycheck to pay for childcare this way.  This does not have income limits. Second, you can claim a credit based on expenses up to $3000 per child, up to two children ($6000 total), for the Child Care Tax Credit.  This is combinable with the FSA, only for the last $1000 if you have 2+ children (so $6000 total between the two).  That has income limits to claim over 20% of the credit; so if you are in the 25% bracket, you will only get to claim 20% of the total, either $200 if you have an FSA or $1200 if you do not. Both spouses must work full time or have other qualifying details (such as being a full time student) in order to qualify for the credit; see publication 503 above for more information."}
{"_id": "529864", "title": "", "text": "Who's to say it wasn't priced into the markets, at least to some degree? Without any information on the behaviour of holders pre-expiry, no one can know if they've been shorting the stock in advance of selling on expiry day. And with the float being such a small proportion of the total issuance, there's always the risk of sudden fluctuations picking up big momentum - which could easily explain the 7% drop on expiry day. Add into all this uncertainty, the usual risks of shorting (e.g. limited upside, unlimited downside), and the observed phenomena aren't by any means killer blows of the Efficient Market Hypothesis. That's not to say that such evidence doesn't necessarily exist - just that this isn't it."}
{"_id": "529877", "title": "", "text": "\"For those on a budget, check if your local library has access to / or a copy of the \"\"Standard & Poor's Daily Stock Price Record\"\". Access to that or a similar service may be available as part of your library patronage. If not available it may be available at your metropolitan central library.  Comprehensive stock pricing data which provides adjustments for splits, mergers, capital distributions and other relevant events is still a premium product. External link to New York Public Library blog post on subject: http://www.nypl.org/blog/2012/04/09/finding-historical-stock-prices\""}
{"_id": "529879", "title": "", "text": "It would be better to use a bank account and have the refund deposited directly to it. But you said you never had a bank account, so that may be a problem. Another option is to have the refund check mailed to you, and you deposit it in your local bank, converting to your home currency (or not, depending on local laws). Generally, for another person to cash a check made out to you - you need to endorse it first. Physically, on the back of the check. That means you have to see the check. Specifically with tax refund checks there's much more scrutiny since there's a lot of fraud going on with regards to tax refunds. Thus, I doubt a bank would allow a third party cash a check made out to you, without you actually being present there."}
{"_id": "529890", "title": "", "text": "Going to the grocery store, while a pain, still seems less painful than trying to find and order stuff online, and then having to wait around for the delivery.  I can go to the grocery store and back in an hour and I'll know immediately if they didn't have something, I can make substitutions, I know different brands/names of things are okay, etc.  Fiddling around trying to make sure they get the right Thai chili paste or suitable kalamata olives seems like more trouble than it is worth."}
{"_id": "529916", "title": "", "text": "Happened to my girlfriend at a non-profit that had really generous maternity leave. She had been in a manager-esque position there for something like 5 years at that point and had been far too generous with her commitment for being an hourly employee. She really wasn't a manager but she picked up the slack for other people and was generally considered second-in-command. Boss leaves for another opportunity, recommends her for his job - she thinks she is set. Instead, they hire someone outside on who only has slightly more experience.   The day the new girl starts, she tells them she is pregnant. She works for literally a week before going on maternity leave for six months. Meanwhile, my gf has already been taking over all management duties as an hourly employee with no pay improvement for the six months to fill the position and now has to do the same work for six more months, no increased compensation, no salary. I told her to straight up quit and leave them in a bind."}
{"_id": "529919", "title": "", "text": "\"I've traded covered calls now and then. This is a recent trade. Bought 1000 shares of RSH (Radio Shack) and sold 10 calls. So, I own the stock at a cost of $6.05, but have to let it go for $7.50. There's a 50c dividend in November, so the call buyer will call it away even if the stock trades below the strike. So, I'm expecting this is a 10 month trade for a 24% return.  This is one strategy where options clearly take down the risk (of course, I did not say 'remove', just lessens). The stock can be 10% lower a year out, and I'm still ahead by 8% plus the dividend if it's not canceled.  Note - it's a rare case for a one year trade to return 20% or more at a flat stock price. More common is 10-12%.  (I hope this example is acceptable as an example of this type of trade. If not, I can edit to \"\"XYZ corp\"\" to remove the stock name. (So if anyone comments, please do not repeat name in case I need to remove)\""}
{"_id": "529927", "title": "", "text": "\"Your SSA payments are not IRA contributions, but they're actually a tax that is earmarked to the Social Security Trust Fund.  As such, no, you don't have any \"\"contributions\"\" that can be refunded: you paid a tax, and in exchange for having paid that tax you will possibly later have a benefit. However, some foreign nationals are able to convey that benefit into their national savings plan.  The Social Security Administration has a FAQ page on this particular subject.   Unfortunately for you, Pakistan does not have a bilateral agreement according to their list, so you may be out of luck.\""}
{"_id": "529954", "title": "", "text": "The answer can depend greatly on whether the interest on a mortgage for the house you live in is tax deductible in the country you are in (I assume the mortgage is on the house you live in and not an investment property). It will also depend on the difference between the mortgage interest rate and the return of the unit trust, your income and your tax rates. In essence you would need to do a cost-benefit analysis to figure out which option would provide the bigest financial benefit, considering the different rates, your income and your tax rates. Basically, if you can get a better return from the unit trust than the mortgage interest rate and you can claim a tax deduction for the mortgage interest payments, then you may be better off investing in the unit trust rather than putting extra repayments into the mortgage."}
{"_id": "529958", "title": "", "text": "\"Black-Scholes is \"\"close enough\"\" for American options since there aren't usually reasons to exercise early, so the ability to do so doesn't matter. Which is good since it's tough to model mathematically, I've read. Early exercise would usually be caused by a weird mispricing for some technical / market-action reason where the theoretical option valuations are messed up. If you sell a call that's far in the money and don't get any time value (after the spread), for example, you probably sold the call to an arbitrageur who's just going to exercise it. But unusual stuff like this doesn't change the big picture much.\""}
{"_id": "529981", "title": "", "text": "In my experience, even if you are invaluable to the company, you won't be dutifully compensated or recognized. It is very rare that a company has a good enough performance assessment system that actually measures this with any measure of accuracy. The end result is that the only people compensated are those that make themselves close to management, AKA Brown Noses..."}
{"_id": "529993", "title": "", "text": "As a buyer you must realize they are doing everything they can to get the best deal for their client (the seller). They have made the first offer (the listing price), you made a counter offer, now they are trying to get you to see that your offer is too low.  How can they do this: show you comps that they have found to show that either their listing price was where it should be, or even that it could have been higher. If there are fresh comps that are showing an upward trend, they will be sure to show you those. Another approach is to show you what is happening in the neighborhood today.  If those sales have settled, then they are public record. If they haven't settled they are not public record. Your agent should be reminding you that they are worthless as a comp until they are settled. The only ethics issue is did the agent, by disclosing the contract, commit a violation against the rights of buyer and the seller of the other house. You have not been harmed, and the seller of the house you are interested in most likely approved the maneuver.  I would look at the documents you signed to see who owns the info on the form. Because that will tell you if your offer on the house is being used by another agent, or even your agent, as leverage in another deal."}
{"_id": "529995", "title": "", "text": "Make sure you have a smart phone w/ a good battery and decent internet plan. If your job is anything like ones I've had, you're going to need something to do when you're sitting around for hours at a time bored out of your mind.  Go slow at first.. small mistakes can have big consequences in finance, decimal over a point, formula wrong in excel by one cell, etc.."}
{"_id": "529996", "title": "", "text": "This is a great question for understanding how futures work, first let's start with your assumptions The most interesting thing here is that neither of these things really matters for the price of the futures.  This may seem odd as a futures contract sounds like you are betting on the future price of the index, but remember that the current price already includes the expectations of future earnings as well! There is actually a fairly simple formula for the price of a futures contract (note the link is for forward contracts which are very similar but slightly more simple to understand).  Note, that if you are given the current price of the underlying the futures price depends essentially only on the interest rate and the dividends paid during the length of the futures contract.  In this case the dividend rate for the S&P500 is higher than the prevailing interest rate so the futures price is lower than the current price.  It is slightly more complicated than this as you can see from the formula, but that is essentially how it works. Note, this is why people use futures contracts to mimic other exposures.  As the price of the future moves (pretty much) in lockstep with the underlying and sometimes using futures to hedge exposures can be cheaper than buying etfs or using swaps. Edit: Example of the effect of dividends on futures prices For simplicity, let's imagine we are looking at a futures position on a stock that has only one dividend (D) in the near term and that this dividend happens to be scheduled for the day before the futures' delivery date.  To make it even more simple lets say the price of the stock is fairly constant around a price P and interest rates are near zero.  After the dividend, we would expect the price of the stock to be P' ~ P - D as if you buy the stock after the dividend you wouldn't get that dividend but you still expect to get the rest of the value from additional future cash flows of the company. However, if we buy the futures contract we will eventually own the stock but only after the dividend happens.  Since we don't get that dividend cash that the owners of the stock will get we certainly wouldn't want to pay as much as we would pay for the stock (P).  We should instead pay about P' the (expected) value of owning the stock after that date.   So, in the end, we expect the stock price in the future (P') to be the futures' price  today (P') and that should make us feel a lot more comfortable about what we our buying.  Neither owning the stock or future is really necessarily favorable in the end you are just buying slightly different future expected cash flows and should expect to pay slightly different prices."}
{"_id": "530017", "title": "", "text": "\"It is simple: G-d provides :). EDIT: By \"\"it\"\" I mean the answer to the question asked. Raising kids is not so simple; G-d does provide :).\""}
{"_id": "530029", "title": "", "text": "Blue Ridge Realty has been working for more than 25 years with vacationers from everywhere throughout the US and in addition individuals now moving to the locale. We work in helping our customers to purchase the property that is appropriate for you. A few people need that lodge in the forested areas, possibly almost a trout stream for untainted angling. Others need a water front view. Properties encompassing the lovely gem waters of Lake Blue Ridge give the chance of an existence time. Possibly you need some real estate to outline and construct your fantasy home. Our neighborhood specialists will tune in to your and give you access to every one of the properties available to be purchased in the region. We know the district, we know the numerous towns and groups and we know how to coordinate you with properties that live up to your desires."}
{"_id": "530036", "title": "", "text": "Give this article a read https://www.google.co.uk/amp/s/amp.theguardian.com/technology/2016/dec/11/amazon-accused-of-intolerable-conditions-at-scottish-warehouse  No one is suggesting he pays them so much money that they can go off and start their own biz.  &gt;allegations that workers have been penalised for sick days and that some are camping near one of its warehouses to save money commuting to work.  There are many other such articles claiming similar poor working conditions.   &gt;workers could walk up to 10 miles a day doing their jobs, water dispensers were regularly empty.  Unless HR use water as an incentive, I feel their are ways workers experience can be improved that don't make a mess of HR's plans."}
{"_id": "530037", "title": "", "text": "When I was pursuing my Business Degree in Canada we were told the standard notice period is 2 weeks on both sides. This means your employer is required to give you at least two weeks notice and you are required to give it as well. If you violate your notice requirement the employer can sue you for lost revenues and etc. for that time period. The converse side is if your employer failed to provide you with sufficient notice you could sue for lost wages for that time frame as well. I'm sure you can contractually agree to more than the legal minimum of two weeks."}
{"_id": "530060", "title": "", "text": "Banks and credit card companies are taxing everyone.  Why is it that people go ape shit over government taxes that actually (at least sometimes) provide services when the banks tax us and keep all the money?  How much money is two percent of almost every transaction?"}
{"_id": "530066", "title": "", "text": "Depends on the state, in Texas you should charge sales tax because the shipment is going to a freight forwarder in Texas.  That being said, once you have the bill of lading you can have your tax credited by the vendor.  It is one of the documents the state will except in lieu of sales tax for exports.  There are five.  You can find this info at the Comptrollers website. I would validate that you are being charged sales/use tax and not withholding tax, withholding would be related to your country. Doc requirements for export vary from state to state."}
{"_id": "530081", "title": "", "text": "I wager Amazon could do a better job fighting scrapers auto buying tickets like they do with Ticketmaster.  Tho the one main game change I can see is Amazon being able to handle massive loads of traffic on their site.  As Ticketmaster has loads of problems here, but Amazon yet to show any real issues in handling loads of traffic all at once.  So imagine able to get tickets without issues."}
{"_id": "530082", "title": "", "text": "Hey, did you know that naval officers can be sent to prison for life just for boarding the wrong ship?  Oops, wrong sub!  I think you mean to be in /r/PersonalFinance  Check this out, anyway.  $50k is above median in the USA and just fine in Dallas.  You won't be a high-flyer or anything, but it's plenty. http://www.wolframalpha.com/input/?i=$50,000+salary+in+Dallas,+TX+vs.+seattle,+wa"}
{"_id": "530102", "title": "", "text": "Valuations are literally 100% driven by retail investors who 20 years ago were literally peasants and are not grounded in reality. I'm working at a small IB in China over the summer. The IPO I'm working on is a small cnc machining company. Some of its competitors are literally trading at 100x EBITDA, growing sales at literally 5%. Nobody who is in a management position has any inkling of how finance works(not to say they're not smart, just that they have no experience)."}
{"_id": "530110", "title": "", "text": "You're using WIX, that's your first problem...but too late for that.  Then you've got to look at the basics of SEO. There are a lot of fundamental things missing, such as content and backlinks.  For content, your products need unique descriptions, for links, try to work with influencers that have blogs (that would be willing to showcase your products).  For a new clothing start-up, your best bet to grow your business from the ground is going to be FB and Instagram ads.  As far as SEO, have you done any research to determine how competitive the market is in regards to organic search?"}
{"_id": "530114", "title": "", "text": "I think you're eligible for the tuition fee loan but not the maintenance loan. I think that SFE were suggesting that you'd be eligible under point 4 here 4: People with the right of permanent residence in the UK If you satisfy all the conditions under this category, you will be   eligible for full Student Support. To be eligible: (a) you have the right of permanent residence in the UK; and (b) you are ordinarily resident in England on the first day of the   first academic year of your course; and (c) you were ordinarily resident in the UK and Islands for three years   before the first day of the first academic year of the course; and (d) if your three-year residence in the UK and Islands was at any time   mainly for the purpose of receiving full-time education, you must have   been ordinarily resident in the UK or elsewhere in the EEA and/or   Switzerland immediately prior to the three-year period of ordinary   residence in the UK and Islands. It does not matter if you were in the   EEA and/or Switzerland mainly in order to receive full-time education   during this earlier period. Point (b) would be the reason for asking you to prove you were in England on 1 September, but since you were under three years old when you left the UK, you wouldn't satisfy point (c). You should be eligible for the tuition fee loan under point 2 2: EU nationals, and family If you satisfy all the conditions under this category only, you are   eligible only for a loan to pay your tuition fees. To be eligible: (a) on the first day of the first academic year of the course, you   must be:     a UK national; or a non-UK EU national who is in the UK as a   self-sufficient person or as a student; the relevant family member of   such a person above; and (b) you must have been ordinarily resident in the EEA and/or   Switzerland for three years before the first day of the first academic   year of the course; and (c) the main purpose for your residence in the EEA and/or Switzerland   must not have been to receive full-time education during any part of   the three year period."}
{"_id": "530119", "title": "", "text": "I'm no tax expert by any means. I do know that a disreagarded entity is considered a sole proprietor for federal tax purposes. My understanding is that this means your personal tax year and your business tax year must be one and the same. Nevertheless, it is technically possible to have a non-calendar fiscal year as an individual. This is so rare that I'm unable to find a an IRS reference to this. The best reference I could find was this article written by two CPAs. If you really want to persue this, you basically need to talk with an accountant, since this is complicated, and required keeping propper accounting records for your personal life, in addition to your business. A ledger creqated after-the-fact by an accountant has been ruled insufficent. You really need to live by the fiscal year you choose."}
{"_id": "530146", "title": "", "text": "Assuming you bought the stocks with after-tax money, you only pay tax on the difference. Had you bought he shares in a pretax retirement account, such as an IRA or 401(k), the taxation waits until you withdraw, at which point, it's all taxed as ordinary income."}
{"_id": "530148", "title": "", "text": "&gt; Do you really think that private corporations are incapable of providing their own roads, street cleaning, clean water, etc.?  No - I'm saying if they use it, they should pay for it. If they want to opt out of paying taxes, then they can opt out of using the roads, FAA, GPS, weather forecasts, protections from fraud, police, street cleaning, clean water, etc."}
{"_id": "530149", "title": "", "text": "I lost my job and sold just about everything I own on ebay and craigslist. The folks that bought my stuff made out like bandits..............I took a serious bath! I was lucky to get half the value on electronics, maybe 25% on collectibles and 10% of the value on furniture. The hungrier you are the lower you'll go! Sad but true. I also had some problems with ebay's customer service or customer run-around. Try craigslist first and don't take the first offer, hold out as long as you can to get your price."}
{"_id": "530155", "title": "", "text": "One way a lot of people bypass the pattern trading equity requirement is to open multiple brokerage accounts. You have $10k, put $5k in one and $5k in another. Although I don't recommend it!"}
{"_id": "530166", "title": "", "text": "\"Exactly. GS told customers to sell stocks today. There is nothing good coming down the pipeline to ease unemployment.  Now, if we get rid of barry and put the leashes back of the NLRB and the EPA, something might change.  In other words, like him or not, Romney is the best alternative to the \"\"Constitutional Scholar\"\" who is about to have Pelosi/Reid-care overturned and have his AG indicted for running guns to help them change gun laws (and all the while blaming Bush).  This is the most pathetic administration ever.\""}
{"_id": "530168", "title": "", "text": "I was being sarcastic. Student loan crash is a major circle jerk in some Financial subs  If anything, it's more likely to manifest itself as OP described. Economic growth is going to be lower is a substantial portion of the populus is servicing debt than consuming goods."}
{"_id": "530175", "title": "", "text": "There are several ways to minimize the international wire transfer fees: Transfer less frequently and larger amounts. The fees are usually flat, so transferring larger amounts lowers the fee percentage. 3% is a lot. In big banks, receiving is usually ~$15. If you transfer $1000 at a time, its 1.5%, if you transfer $10000 - it's much less, accordingly. If you have the time - have them send you checks (in US dollars) instead of wire transferring. It will be on hold for some time (up to a couple of weeks maybe), but will be totally free for you. I know that many banks have either free send and/or receive. I know that ETrade provides this service for free. My credit union provides if for free based on the relationship level, I have a mortgage with them now, so I don't pay any fees at all, including for wire transfer. Consider other options, like Western Union. Those may cost more for the sender (not necessarily though), but will be free for the receiver. You can get the money in cash, or checks, which you can just deposit on your regular bank account. For smaller amounts, it should be much cheaper than wire transfer, for example - sending $500 to India costs $10, while wire transfer is $30."}
{"_id": "530179", "title": "", "text": "You need to get in the yellow pages pronto for emergency repair.  Generally people don't call plumbers until they need one to stop a leak or fix a back-up. If he's licensed makes sure you include it in the ad along with licence number. If he's not licensed get licensed NOW! It doesn't really matter in the home repair but if you want to get commercial jobs they're not going take uncertified plumbers.   Big yellow page ads in every applicable category. Call up general contractors and see if they need plumbers.  Get in with landlords of apartment complexes and commercial spaces to get maintenance contracts and to be first refferal when restaurants move in."}
{"_id": "530181", "title": "", "text": "I'm not saying they aren't properly structured to take advantage of the conditions. But they are absolutely being subsidized for better or worse.    California alone has spent $500m in electric car subsidies and is considering earmarking another $3b. The vast majority of those funds have gone towards Tesla. No other Mfg has been a bigger recipient.   Call a spade a spade.   I don't personally care enough to oppose it, but it's an advantage nonetheless."}
{"_id": "530217", "title": "", "text": "I went there as a last resort for a few items a week ago. They had some promotion going on where spending so much money got you a $5 gift card. The thing expired a few days later. Sure, I could have looked on the card, but the ads for that and the cashier never mentioned this. And since when do giftcards expire?"}
{"_id": "530233", "title": "", "text": "I had this happen to me with parking ticket when I was still in school.  The tickets were issued by the school police and later dismissed (because I had purchased a year-long parking pass).  3 years later I got a letter alleging that I had unpaid parking ticket.  So they lost the record of dismissal.  But they did not lose the record of having issued the ticket.   I am fairly certain this happens because legal entities either lose electronic records and restore data from backups without realizing that some corrupted data remains lost or because they transition to a new system and certain real-world events don't get transferred properly to the new system.  Of course, the people with whom you end up interacting at that point have no idea of any potential technical problems (because they may occur only in some technical one-off cases).  In my case, I was able to show that I had received a judgement of dismissal.  I actually kept the paperwork. The question is what do you do if you lost the records and the state had lost all electronic records of your payments.  Let's assume the collections agency has a record (produced by the state) that you owed the ticket amount, but the state claims that no record exists of you having paid the tickets.  What do you do, then? Carefully compile the list of all possible banks which you could have possibly used.  Then request duplicate statements from all the banks which you have on that list.  Assuming you were a regular consumer and not running a business, this should not amount to more than 100 pages or so.  If you do manage to find the transactions in those bank records, you are in luck.  States, unlike the federal government, are not immune from law suits.  So you can consult a lawyer.   By fraudulently claiming that you defaulted on payments, the state caused you material harm (by lowering your credit rating and increasing your cost of borrowing).  Once you have all the paperwork in hand, you still will have difficult time finding anyone in the state to listen to you.  And even if you do, you will not be compensated for the time and expenses you expanded to obtain these records. If you indeed paid the tickets, then you are being asked to prove your innocence and you are assumed guilty until you do.  Again, a good lawyer should be able to do something with that to get you a proper compensation for this."}
{"_id": "530243", "title": "", "text": "Comments in the blog are filled with butt-hurt dwllers with an MBA trying to argue his opinion.   Most people in MBA's think they're going to be Steve Jobs. If they're well connected they'll get a good salary but Steve Jobs are guys that start a company rather than go to an MBA."}
{"_id": "530248", "title": "", "text": "\"&gt;&gt; Reminder from history: Bill Clinton signed a contract with NK and even gave them nuclear reactors \"\"to prevent NK from having nuclear weapons!\"\".  &gt; Yes, that was a brilliant move by Clinton!  LOL!!!!!! And we ended with NK having nuclear weapons. Brilliant Bill (I voted for him twice) and brilliant you!  &gt; But then George Bush seized power in the rigged 2000 presidential election.  LOL!!!! What's next? Trump rigged the elections with the help of Russia? By the way, I did not vote for Bush, twice.  &gt; North Korea's response was sane and logical.  You should move to NK to see how sane and logical they are!  &gt;&gt; Do you really believe that Iran will not have nuclear weapons?  &gt; Multiple Iranian religious leaders have stated that WMD are an insult to god.   LOL!!!!!!! An you believe them? Is it also an insult to god to cut your hands off if you steal, or to send a woman to jail because she rode on a bicycle?   Move to Iran, please, and check that for us.  &gt; Given that Iran has repeatedly called for a nuclear-free zone in the Middle East   LOL!!!!!! Yes, it would be a great idea if Israel does not have nuclear weapons, because, no wars to attack Israel will happen and surely Iran saying \"\"Death to Israel\"\" is just a joke.   Darling, the only reason the middle east is relatively peaceful is because Israel has nuclear weapons, and Egypt, Jordan and even Saudi-Arabia have peace and friendly relations with Israel because they know Israel is not the risk. Iran with nuclear weapons is a risk. And Israel will make sure Iran will regret any attempt to attack anyone.  My god!!!!! You are so brain washed.\""}
{"_id": "530249", "title": "", "text": "This really is different for every individual.  Years ago, I saw a guy in line at Costco to return a pencil sharpener. The thing cost about $20. Forget the gas. I recognized the guy, he was a mutual fund manager with a million dollar plus salary. But I guess he valued his own time at far less on Sunday than the $500/hr he made during the week.  As your question suggests, the starting point is your wage, but for extra money, it goes down from there.  The question has merit, I just think that few people stop and do the math. There are also some things people just enjoy doing, like mowing a lawn, which I'd rather pay for. Often, people will pick and choose that way and not really decide whether they are working for themselves at a certain wage."}
{"_id": "530253", "title": "", "text": "A lot of people who own Teslas also own solar panels and can charge their car from solar power. For now, our power grid still relies on archaic technologies for energy creation, but Tesla and other auto makers are pushing towards more renewable energy sources being added to our homes and the grid."}
{"_id": "530254", "title": "", "text": "I hope things work out and odds are that they will, but there's always a risk profile with any investment particularly an illiquid one like property. Here you're taking the risk that the local market in your area doesn't tank or that if it does that you can liquidate your houses quickly and retain most of the capital. Some areas are more stable than others, but things can change in decades.   My parents live in a decent part of CT. House prices were high in the early 2000s. Then one of the biotech firms around here pulled out. One firm was not so big a deal - 30000 jobs is quite a bit but the area didn't become rich off one company -  but it turns out that was the start of an industry trend. 3 more go, and suddenly property values crashed. Luckily, we have a pretty small house for the area so most of the assets aren't tied up in it, but it's pretty alarming to see a formerly upper middle class neighborhood become filled with overgrown lawns and for sale signs that hang around long enough to gather moss. When my parents sell after they retire they might be taking a hit in nominal terms, never mind real terms factoring in inflation.  This is about investment real estate though. I do think there is a more intangible emotional and stability gain you get from owning the land or property you live in."}
{"_id": "530318", "title": "", "text": "\"Institutions may be buying large quantities of the stock and would want the price to go up after they are done buying all that they have to buy.  If the price jumps before they finish buying then they may not make as great a deal as they would otherwise.  Consider buying tens of thousands of shares of a company and then how does one promote that?  Also, what kind of PR system should those investment companies have to disclose whether or not they have holdings in these companies.  This is just some of the stuff you may be missing here. The \"\"Wall street analysts\"\" are the investment banks that want the companies to do business through them and thus it is a win/win relationship as the bank gets some fees for all the transactions done for the company while the company gets another cheerleader to try to play up the stock.\""}
{"_id": "530323", "title": "", "text": "Looking at auto sales report released today it was up 1.5% for all car sales, including used. No clarity on new sales. The sales data I cited was for July, so the bottom end of the market -- as you say -- is not doing well."}
{"_id": "530349", "title": "", "text": "If you were actually educated, you would know that your sample size is too small. But you're uneducated so you wouldn't.  Sorry kid, but you're wrong.   &gt;  the people I know and work with every day are actually lying to me about their habits and lifestyle.  Except you don't always know what is going inside someones home or mind."}
{"_id": "530374", "title": "", "text": "I work for UPS, and I am one in the small minority of 70,000 who will be affected by this. I'm looking for any advice or comments about what I can do, how I might protect what I am owed? Not having a union to represent us has caused huge blow backs for admin/techs/specialist these past 8 to 10 years!"}
{"_id": "530395", "title": "", "text": "A market correction has been expected for several weeks. It happens all the time, but people need an excuse to panic. Sometimes, I think panic is their usual state and they just look for fuel to keep it going because they can't handle boredom."}
{"_id": "530410", "title": "", "text": "For the employee, this is an identical tax situation to an at-the-money option purchase. They're buying an asset with a specific cost basis. For the company, you are just issuing shares from treasury as authorized... debit cash, credit additional paid-in-capital and equity. There is no tax consequence for this money received."}
{"_id": "530420", "title": "", "text": "Make him succeed.  Be his mind, be his date book, be his gateway (if he wants that.)  You'll need to filter out the daily noise and get him the most important info he needs. Do things before he asks whether it's getting a bottle of perrier or a list of 5 things his kid would probably want for their birthday.  Key words/skills:  Detail detail detail   Self starter self starter self starter   Mind reader mind reader mind reader"}
{"_id": "530421", "title": "", "text": "\"&gt;For some reason   Impoverished America is great news for Russia as they get to win the war that everyone assumed was over. Like Bush, Reagans supposed cold war \"\"Mission Accomplished\"\"  moment actually wasn't anything of the sort.\""}
{"_id": "530425", "title": "", "text": "\"You are overthinking it. Yes there is overlap between them, and you want to understand how much overlap there is so you don't end up with a concentration in one area when you were trying to avoid it. Pick two, put your money in those two; and then put your new money into those two until you want to expand into other funds. The advantage of having the money in an IRA held by a single fund family, is that moving some or all of the money from one Mutual fund/ETF to another is painless. The fact it is a retirement account means that selling a fund to move the money doesn't trigger taxes. The fact that you have about $10,000 for the IRA means that hopefully you have decades left before you need the money and that this $10,00 is just the start. You are not committed to these investment choices. With periodic re-balancing the allocations you make now will be adjusted over the decades. One potential issue. You said: \"\"I'm saving right not but haven't actually opened the account.\"\" I take it to mean that you have money in a Roth TRA account but it isn't invested into a stock fund, or that you have the money ready to go in a regular bank account and will be making a 2015 contribution into the actual IRA before tax day this year, and the 2016 contribution either at the same time or soon after. If it is the second case make sure you get the money for 2015 into the IRA before the deadline.\""}
{"_id": "530441", "title": "", "text": "There are a lot of moving parts, individual premiums and annual increases have little to do with employer premiums and annual increases and vice versa.  Most people think of XYZ insurer as a single company with a single pool of insured folks.  This common knowledge isn't accurate.  Insurers pool their business segments separately.  This means that Individual, small business, mid-size business, and large business are all different operating segments from the viewpoint of the insurer.    It's possible to argue that because so many people are covered by employer plans that individual plans have a hard time accumulating the required critical mass of subscribers to keep increases reasonable.   Age banded rating: Individual coverage and small group coverage is age rated, meaning every year you get older.  In addition to your age increase, the premium table for your plan also receives an increase.  Employers with 100+ eligible employees are composite rated (in general), meaning every employee costs the same amount.  The 18 year old employee costs $500 per month, the 64 year old costs $500 per month.  Generally, the contributions an employee pays to participate in the plan are also common among all ages.  This means that on a micro level increases can be more incremental because the employer is abstracting the gross premium.  Composite rating generally benefits older folks while age rating generally benefits younger folks. Employer Morale Incentive: Generally the cost to an employee covered by an employer plan isn't directly correlated to the gross premium, and increases to the contribution(s) aren't necessarily correlated to the increases the employer receives.  Employers are incentivised by employee morale.  It's pretty common for employers to shoulder a disproportionate amount of an increase to keep everyone happy.  Employers may offset the increase by shopping some ancillary benefit like group life insurance, or bundling the dental program with the medical carrier.  Remember, employees don't pay premiums they pay contributions and some employers are more generous than others.  Employers are also better at budgeting for planned increases than individuals are. Regulators: In many of the states that are making the news because of their healthcare premium increases there simply isn't a regulator scrutinizing increases.  California requires all individual and small group premiums to be filed with the state and increases must be justified with some sort of math and approved by a regulator.  Without this kind of oversight insurers have only the risk of subscriber flight to adjust plan provisions and press harder during provider contract negotiations. Expiring Transitional Reinsurance Fee and Funds: One of the fees introduced by healthcare reform paid by insurers and self-insured employers established a pot of money that individual plans could tap to cope with the new costs of the previously uninsurable folks.  This fee and corresponding pot of money is set to expire and can no longer be taken in to account by underwriters. Increased Treatment Availability: It's important that as new facilities go online, insurer costs will increase.  If a little town gets a new cancer clinic, that pool will see more cancer treatment costs simply as a result of increased treatment availability.  Consider that medical care inflation is running at about 4.9% annually as of the most recent CPI table, the rest of the increases will result from the performance of that specific risk pool.  If that risk pool had a lot of cancer diagnoses, you're looking at a big increase.  If that risk pool was under priced the prior year you will see an above average increase, etc."}
{"_id": "530446", "title": "", "text": "There are two basic issues here.  First, there is the difference between accounting terms and their dictionary definitions.  Second, once you dig into it there are dichotomies similar to put vs call options, long sales vs short sales, bond yield vs interest rate.  (That is, while they are relatively simple ideas and opposite sides of the same coin, it will probably take some effort to get comfortable with them.) The salient points from the Wikipedia article on debits and credits: In double-entry bookkeeping debit is used for increases in asset and expense transactions and credit is used for increases in a liability, income (gain) or equity transaction. For bank transactions, money deposited in a checking account is treated as a credit transaction (increase) and money paid out is treated as a debit transaction, because checking account balances are bank liabilities. If cash is deposited, the cash becomes a bank asset and is treated as a debit transaction (increase) to a bank asset account. Thus a cash deposit becomes two equal increases: a debit to cash on hand and a credit to a customer's checking account. Your bank account is an asset to you, but a liability to your bank.  That makes for a third issue, namely perspective."}
{"_id": "530498", "title": "", "text": "\"With a healthy income its quite possible to contribute too much into 401Ks/IRAs.  For example, if your retired today and had 3 million or so, how much more would you need?  Would an extra million materially change your life?  Would it make you happier if you invested that extra in some rental properties or perhaps a business like a sandwich or ice cream shop where you have more direct control? This kind of discussion is possible as you indicate that you have taken care of your life financially.  It seems at odds with the negative press describing the woefully condition of the standard person's finances.  These articles ignore a very simple fact:  its because of bad behavior.  You, on the contrary, have behaved well and are in the process of reaping rewards.  This is where I feel your \"\"mental gymnastics\"\" originates.   Looking to engage in the rental market is no different then buying a franchise.  You are opening a business of your own.  You'll have to educate yourself and are likely to make a few mistakes that will cause you to write checks to solve.  Your goal is to minimize those mistakes.  After all, what do you know about the rental home business?  I am guessing not much.  Educate yourself.  Read and spend some money on taking knowledgeable people out for coffee.   In the end you should understand that although a poor decision may cost you money you cannot really make a bad decision.  Lets say you do buy a rental property, things go south, you sell for a loss, etc....  In the end the \"\"butchers bill\"\" is 50K or so.  Will that materially change your life?  Probably not.  The worst case is perhaps you have to work a year or two beyond the anticipated retirement age to make up that money.  No big deal.\""}
{"_id": "530509", "title": "", "text": "Search Engine Marketing, Website Design, SEO, PPC, and Social Media Marketing. Increase visibility and ranking in search engine result pages (optimisation), Providing solutions to increase ROI, Online Public Relations managing the flow of information between your organization and its target audience, including Social Networking, Email Marketing campaings using double opt-in data to reach targeted customers, Web and Graphic Design, focused in your customer needs and website usability."}
{"_id": "530511", "title": "", "text": "THIS!   While the GDP may have fallen, the average joe felt more prosperous after WWII because wage and price controls were lifted and production turned back to consumer goods instead of bombs which are useless for civilians in peacetime.   In other words, you can have more prosperity even if your gross output falls, provided you start making shit people actually want to use to improve their lives, like cars and TVs and medicine."}
{"_id": "530516", "title": "", "text": "You're exactly right. If I can under the law hire someone only for their musical taste (whether that is a smart move or not is irrelevant) I should also be able to do so based on religious choice."}
{"_id": "530522", "title": "", "text": "Alright I'll bite. You haven't defined what starting a company means. I can do that without a product technically. Let's start by defining success. Do I need to sell one thing or a billion? Profit ok or just revenue?  Now let's define what hard is. Is it lots of hours? Lots of dollars? Is it using the skills from a degree that I worked hard for?   You're making blanket statements which have no boundaries.  The amount of effort people put into starting successful companies ranges wildly. If my dad gave me a billion dollars and I started an unprofitable company then technically I've met your parameters. Easy! I guarantee that's happened more than 5 times.   Flappy birds was a successful company. Relative to uber it was easy. Relative to scratching my balls and playing Xbox all day it was hard.   Can you see why I'm mocking this conversation?"}
{"_id": "530547", "title": "", "text": "This is a nice narrative, but the organizations I have operated in put a good amount of effort trying to de-bottleneck production issues by going straight to the front lines. My current org does an annual survey (with tons of open ended questions) and listening sessions around 5 year plans. Also every production employee gets a weekly 30 minute session with their direct report.  Now it takes some effort to separate signal from noise (yes, everyone wants to be paid more and receive frequent strategic communication).  Now grossly inefficient general and administrative costs that thrash bottom line .. we have that in spades!!"}
{"_id": "530548", "title": "", "text": "Consider inflation. If you invest $10,000 today, you need to make a few hundred dollars interest just to make up for inflation - if there is 3% inflation then a change from $10,000 to $10,300 means you didn't actually make any money."}
{"_id": "530570", "title": "", "text": "Get a lawyer to put this in contract form, with everything spelled out explicitly. What is fair is what the two of you agree upon. My own suggestion: Divide the property into things which are yours, his, and shared, then have each of you be responsible for all your costs plus half the shared costs, but get all the benefits of your half. That would mean that if he rents out his half, all the rental income is his; if you decide to live in your half, all the savings of not paying rent are yours.  Each of you pays your half of mortgage, insurance, and other shared costs. Repairs to shared infrastructure should be done by someone both of you trust. If you agree the work is needed and he does it rather than your hiring someone, you owe him the appropriate percentage of the costs; the two of you will need to agree on whether you owe him for that percentage of his time as well. Make sure you agree on some mechanism for one person offering to buy the other out, or to sell their half to the other party... or potentially to someone else entirely. (Personally, I would try to do that at soonest opportunity, to avoid some of the ways this can go wrong -- see past comments about the hazards of guaranteeing a loan; this works or doesn't work similarly.) Does that address your question?"}
{"_id": "530576", "title": "", "text": "There might be some US tax implications depending on the amount of gift. See more here: http://en.wikipedia.org/wiki/Gift_tax_in_the_United_States"}
{"_id": "530581", "title": "", "text": "I am tired of the political bullshit on this subreddit.  **Obama pushed for the same thing.**  Just try doing a little research once in a while....  https://www.google.com/search?q=obama+public+private+partnerships&amp;rlz=1C1CHFX_enUS580US580&amp;oq=obama+public+pr&amp;aqs=chrome.2.69i57j0l5.6974j0j7&amp;sourceid=chrome&amp;ie=UTF-8  Look at some of those articles, pbs.org, thehill.com.  Left-leaning news was all for it.  Now all of a sudden because Trump is carrying it forward it's the coming of Satan. Let's stick to the economics of it and not the politics of it, that's what this sub is about (or should be)."}
{"_id": "530585", "title": "", "text": "At least he knows how the economy works and has ran a business.  What business did Obama run again?  What business experience does he have?  None.  Our economy is in shambles.  The world economy is about to collapse.  The last thing we need is another Jimmy Carter tax and spend liberal to drive us the rest of the way into the ditch.  Fuck Obama and any of his blind, misinformed supporters.  And God help you if you plan to vote for Obama simply because he's black - your right to vote should be revoked."}
{"_id": "530596", "title": "", "text": "Many of the custodians (ie. Schwab) file for an extension on 1099s.  They file for an extension as many of their accounts have positions with foreign income which creates tax reporting issues.  If they did not file for extension they would have to send out 1099s at the end of January and then send out corrected forms.  Obviously sending out one 1099 is cheaper and less confusing to all.  Hope that helps,"}
{"_id": "530620", "title": "", "text": "\"E*Trade bank charges $0 for incoming wire transfers ($25 for outgoing). But, its online only bank. Wells Fargo offers free incoming transfers for PMA package accounts. But you'll pay for it in a different way. Bottom line - you have to shop around. Even banks that charge fees - some charge more and some charge less. $20 is on a \"\"more\"\" side. Chase, for example, charges $15.\""}
{"_id": "530631", "title": "", "text": "\"It sounds like this is an entirely unsettled question, unfortunately.  In the examples you provide, I think it is safe to say that none of those are 'substantially identical'; a small overlap or no overlap certainly should not be considered such by a reasonable interpretation of the rule. This article on Kitces goes into some detail on the topic.  A few specifics. First, Former publication 564 explains: Ordinarily, shares issued by one mutual fund are not considered to be substantially identical to shares issued by another mutual fund. Of course, what \"\"ordinarily\"\" means is unspecified (and this is no longer a current publication, so, who knows). The Kitces article goes on to explain that the IRS hasn't really gone after wash sales for mutual funds: Over the years, the IRS has not pursued wash sale abuses against mutual funds, perhaps because it just wasn\u2019t very feasible to crack down on them, or perhaps because it just wasn\u2019t perceived as that big of an abuse. After all, while the rules might allow you to loss-harvest a particular stock you couldn\u2019t have otherwise, it also limits you from harvesting ANY losses if the overall fund is up in the aggregate, since losses on individual stocks can\u2019t pass through to the mutual fund shareholders. But then goes to explain about ETFs being very different: sell SPY, buy IVV or VTI, and you're basically buying/selling the identical thing (99% or so correlation in stocks owned).   The recommendation by the article is to look at the correlation in owned stocks, and stay away from things over 95%; that seems reasonable in my book as well. Ultimately, there will no doubt be a large number of \u201cgrey\u201d and murky situations, but I suspect that until the IRS provides better guidance (or Congress rewrites/updates the wash sale rules altogether!), in the near term the easiest \u201cred flag\u201d warning is simply to look at the correlation between the original investment being loss-harvested, and the replacement security; at correlations above 0.95, and especially at 0.99+, it\u2019s difficult to argue that the securities are not \u201dsubstantially identical\u201d to each other in performance. Basically - use common sense, and don't do anything you think would be hard to defend in an audit, but otherwise you should be okay.\""}
{"_id": "530635", "title": "", "text": "You shouldn't technically be able to over pay. I have some share dividends set to pay into my account but one of them took me over the limit so the payment was diverted to another account and they sent me a letter. Pretty sure they would do this with any payment."}
{"_id": "530642", "title": "", "text": "Jesus, talk about obstinate.\u00a0 I did not say Equifax was Wall Street.\u00a0 I called him a Wall Streeter.\u00a0 He made a bunch of dough in a public company, on stock he overinflated, and insider trading.\u00a0 I am not criticizing the wrong industry.\u00a0 The whole financial sector plays by the same rules."}
{"_id": "530674", "title": "", "text": "So you cant compare one model of Tesla to one model of any of its main competitors, you have to compare it to all of their cars?  That doesn't make any sense.  I know you can see that high end cars are where the profits of most companies come from.  It's not like they are making billions from a 15,000 dollar Malibu.  At this point, even if the other major manufactures could get off their collective butts, they couldn't build in the supercharger infrastructure fast enough to catch up in any meaningful manner."}
{"_id": "530685", "title": "", "text": "\"So... from a business perspective, this way of building a piece of software doesn't make any sense at all. To take their example of a book trading app... how do you parse out the core function vs. the revised specifications adding features. The core function of most apps are dead-nuts simple. For the book trading app, the core functionality is a forum website, such as reddit. The need for an app which allows you to sell it is the value-add of the software, which is all in the features.   Call the \"\"standard\"\" way of doing things, from a set specification, a \"\"top down\"\" design cycle. Call the \"\"new\"\" way of designing a \"\"bottom up\"\" design cycle.   So now you have a \"\"minimum viable product\"\", which is now subject to all the pain of a top-down design cycle and you are back to where you started. Now, every bottom-up design cycle has a goal and its own minimum viable feature improvement... so you are really back to a progression of top-down design cycles superimposed on bottom-up product feature set evolution.   Making a real product that people use is always going to be a combination of top-down design driven from the business side, who determines the features that customers want (i.e. the minimum viable product), and bottom-up design cycles where engineering has to communicate what is possible to design in a certain time frame. There is always a tension between the forward looking business side which is trying to project what customers want and pushing engineering to schedule their creativity, and the engineering side which is trying to deliver creative product designs on an externally imposed schedule.   This bottom-up design cycle is not unique to software. Where developing software differs from developing hardware is that software allows for this design cycle to be very short and very discrete. Software can be developed in discrete modules and linked together. Hardware is more integrated, thus having longer design cycles, but can still be designed using a minimum viable product with design cycles adding features incrementally. Look at the cell phone/smart phone hardware business for a good case study in this. Yearly design cycles, each design cycle has a minimum viable feature set and some stretch goals, and work on feature sets stop when the clock runs out. But to think that software is magic, should be driven entirely bottom-up, doesn't have some sort of feature map superimposed on the workflow, is to get lost in an idealism. Better to use top-down and bottom-up design cycles as tools to navigate the business.\""}
{"_id": "530690", "title": "", "text": "It's simple, really: Practice. Fiscal responsibility is not a trick you can learn look up on Google, or a service you can buy from your accountant.  Being responsible with your money is a skill that is learned over a lifetime.  The only way to get better at it is to practice, and not get discouraged when you make mistakes."}
{"_id": "530692", "title": "", "text": "I didn't mean as a legal maximum, but rather how many hours they choose to work &amp; get scheduled for. Some youth are lucky, and their parents pay their bills.   I didn't have as expensive bills as you. Only cell phone, and my bus pass in high school. But I did have to pay for all of my graduation costs myself and post-secondary application fees. So keeping a savings amount really helps. (I also had 4 jobs simultaneously in high school. )"}
{"_id": "530697", "title": "", "text": "Rule 610 (Google for it) stands that if Bid and Ask are the same, the market is considered Locked, and the exchange must stop all trading. So the same person can't quote the same bid and ask price. However, HFTs have found ways to circumvent this limitation when exchanges created special order types for them, e.g. Spam-and-Cancel"}
{"_id": "530703", "title": "", "text": "One of the strengths of 401K accounts is that you can move from investment X in the program to investment Y in the program without tax consequences. As you move through your lifetime you will tend to want to lower risk by investing in funds that are less aggressive. The only way this works is if there is an ability to move funds. If there were only one or two funds to pick from or that you were locked in to your initial choices that would be a very poor 401K to be enrolled in. On your benefits/401K website you should be able to adjust three sets of numbers: Some have you enter the current money as a percentage others allow you to enter it in dollars. They might limit the number of changes you can do in a month to the current money balances to avoid the temptation to try and time the market. These changes usually happen within 1 business day.  Regarding new and match money they could limit the lowest non zero percent to 5% or 10%, but they might allow numbers as low as 1%. These changes take place generally with the next paycheck."}
{"_id": "530749", "title": "", "text": "I'm not necessarily saying that VC is the way to go.  It works for some, not for others.  Personally, if my company idea takes off, I'd try to avoid it if at all possible.  However, the article was written in a way that any point she had in her post was overshadowed by her bitterness and excessive obscenities that it comes off as unprofessional and not worth reading.  It takes away from the valid points therein."}
{"_id": "530767", "title": "", "text": "\"the next phase  by  Jared Dillian  https://www.yahoo.com/news/m/0e417223-3fea-32e4-b74f-be431d78526f/ss_japan-has-entered-the-next.html https://www.forbes.com/sites/jareddillian/2017/07/10/japan-has-entered-the-next-phase-unlimited-money-printing/#1ca7496668a0  one mind boggling question is this good for the economy?  20  september  2012  thursday, manila, ph   i want to share this to all the - \u201cbrilliant economists\u201d - in this world   let's talk on \"\"qe\"\"    by:  raul m. ramos  qe is not a cure - it is a stimulant. qe is synthetic - no more, no less. qe is artificial - it cannot and will never hold water. qe is only a temporary relief - not an outright, total solutions. qe is absolutely not a guaranty - not an assurance for recovery or growth. qe is a very good tool - this acts as an oxygen to a dying patients to breathe. qe is now and forever - taking away the oxygen, the patient will going to die. qe is a big balloon - continues to expand, amplify, waiting to explode, to burst. qe will keep you moving today - but not for the rest of your life. qe is quicksand - the more you move the more you get sucked down. qe will bring joy today - (later) it will bring tears, pouring in your eyes that could not stop. qe is worthless - infusing, injecting precious blood, highly precious dollar to a zombie economy (a lifeless economy), an \u201cabsolute waste\u201d. qe is brainless - simply do not know what will going to be the consequences to the economy. do not have the idea of what will going to be the final result. qe is only a dream - being over optimistic that one day everything will go back to normal, that at the end of the day the economy will recover and finally would realize growth. qe is just a fantasy - meaning punching the moon, the stars (thinking it will resolve the year 2008 economic meltdown). qe is an investment - yes!!! a massive investments to a dying economy, (absolutely wrong investments). qe will keep you running - it is like a ticking time bomb. qe is not good for the economy - the government acts (or play) as an investor instead of the businessman. qe is being very kind and generous to businessman, while keeping the country, the state's economy at stake or in jeopardy. qe is putting more money to a moribund business - supporting the company to stay, to exist for the time being. and later on will literally closed shop. qe is killing the mighty, precious dollar - slowly but surely. qe is hide and seek - like suze orman (of cnbc) say's, \"\"show me the money\"\". qe is treasure hunting - ultra rich, millionaires, billionaires is keeping it. they hide it. where are those precious dollars? making the economy sick, crippled, dead. qe is a money making machine (printing press) - once the economy becomes frail, weak, all they have to do is just print. qe is putting plenty of money to a basket full of holes - truly very few will benefit and so many will going to suffer.  this is inequality.  disparity is very disturbing (counter to a good economy). qe is experimental - (trial and error, testing) probability never done before. qe is good at the start (year 2008) - after spending, investing, releasing, trillions and trillions of mighty precious dollars - big companies, millions of jobs were blessed, saved, rescued, erstwhile salvaged.  and like magic - america the wealthiest and most powerful country in the  universe is now going to act again (today!!!) to spend, invest, release again (and again and again and again . . .) trillions and trillions of mighty precious dollars for the economy to keep moving, (my God!!! what an \u201cabnormal cycle of the economy\u201d). qe is a wild guess (absolutely speculative) - before only big businesses, huge companies are at stake.  today it is now the whole country is at risk.  not yet talking of the whole wide-world (with special mention - to my dearest, my beloved country - the philippines).  this is certainly,  absolutely contagion, domino effect.  no one, not one will ever be spared. qe is very contagious - before only america needs to be saved to be salvaged. today all countries is in distress (suffering), badly needs a rescue. qe is keeping inflation very low - yes!!! absolutely for today but not for tomorrow.  the medicine that they used during the 2008 economic slump is luckily still moving.  meaning still working.   but once this medicine starts to slowdown and begins to die down.  you may call all the saints above.  and the (true) inflation you are looking for, searching for will surely and definitely come into your midst.   inflation will going to kill us all. qe is a wrong medicine - temporary patch or band.aid qe is phoney - it is just an easy money and definitely not a hard earned (labor generated) money. qe is a gamble - trillion dollars is at stake. if we are lucky the dying person or the economy will live. if we are not lucky the dying person will die, the economy will going to collapsed, and still we have to pay all the \u201cdebts\u201d as long as we live. qe is domineering - the economy today is at the mercy of \"\"qe\"\".  (the economy is captive, hostage by \"\"qe\"\") interest rates is a lose-lose situations. keeping it zero.  the u.s.a. government will lose trillions  and trillions of dollars, that is badly needed.  now, raising this rates will surely and definitely starts  the u.s.a. markets and precisely the world economy to react, pulling down the unstable economies  of the whole world to jeopardy.  now, which one would you like to choose? again, which one would you prefer? qe is trial and error - a complex, complicated solutions.  healing one part of the body and the other part will swell and burst. qe is evaporation - (using taxpayers money) pension funds, retirement benefits and all entitlements is going to fade, will vanished in thin air. qe are waiters - simply waiting day and night for growth, for recovery. qe is thirstiness - it dries up the u.s.a. treasury. qe is debt - a never ending debt. keep in mind there is no such thing as unlimited debt or debt unlimited. don't be fooled. qe will going to keep you in good sleep - but will wake you up bankrupt. qe is not an answer - it is the culprit. qe is universal - it was copied all over the world (worldwide). qe is an absolute solutions (yes!!! for all dumb economists) - a 100percent \u201chopeless, desperate, solutions\u201d. qe to be specific is going back again to the 1930's depression or the great depression part 2 \u2013 yes!!! precisely but with a \"\"big bang\"\". qe before is only a staggering risk. today it is now \u201cdebt impregnating\u201d - simple as, it keeps on giving birth (by the hour, the minutes, the seconds) and after eight long years the final,  the end result is massive \u201cpure debt\u201d. very sorry to say, not growth (and) or definitely not recovery. qe is a dying move - no one, not one ever dared to affirm, to attest, to certify, that this is a \u201ccorrect solutions\u201d. qe is mad - it will make you crazy because of \"\"debt\"\". qe is the only options - yes!!! absolutely, when your big brains is \"\"not working\"\". qe is easing the pain - correct!!! for a very short period of time, but will going to \"\"destroy\"\" the economy in the long (or short) run. qe is history - it will haunt you forever and ever. qe - what more can i say?   fb:     thegreatdepression.part2@yahoo.com\""}
{"_id": "530806", "title": "", "text": "The installation of roof vents is a crucial part of roof design because it allows for proper attic ventilation, which may help prevent condensation and early aging of your roof. We are here at your service to help you get installed those in your house."}
{"_id": "530817", "title": "", "text": "I always thought that it was really hard to get into a PhD program without at least a masters? Looking at most of my professors resumes, they seem to all have masters from schools other than where they received their PhDs. I would prefer to get a MFE then PhD if money wasn't an option(if I decided to go the academia route), but because money is an option a PhD without paying for a masters would be ideal."}
{"_id": "530850", "title": "", "text": "\"Medieval Iceland became... Iceland.  A place with a government.  I made a post to another user that tasked about how any group of people will naturally form order and \"\"government\"\". Is medieval Iceland really what this diatribe against taxes really all about?\""}
{"_id": "530865", "title": "", "text": "Not sure that political leadership ever has been a strength in the U.S.   Expedience and serendipity seem to have had as much to do with anything the federal government has accomplished for which any politician could take credit.  Or as Churchill so famously apocryphally said, *You can always count on Americans to do the right thing - after they've tried everything else.*   With all of SCOTUS's decisions eviscerating even Congress's weak attempts at limiting campaign contributions, we've developed the federal government we deserve: an ineffectual one whose members, all of whom spend more time fundraising than governing, are more concerned about furthering their own careers than what's good for the nation.  They come into office as populists, promising lie after lie.  And they serve only their own self-focused interests.  Whoever can give them the most money wins.  No matter what they tell us."}
{"_id": "530875", "title": "", "text": "Something doesn't smell right:  &gt;The decline was driven largely by the plummeting stock market, which devastated Americans' portfolios and retirement accounts.  The stock market has been flat in real term since about 2000.  The only way you can say that people experienced lost wealth from the stock market is if you assume they all bought at the peak."}
{"_id": "530879", "title": "", "text": "Most definitely all wire transfer above a significant amount would be flagged as a suspicious transaction. Nevertheless, as long you provide the Final beneficiary information (name and account number), the bank will process the remittance."}
{"_id": "530902", "title": "", "text": "\"I don't want to hate on those other comments but as a college student having a 4.0 and going to a \"\"target\"\" school are not realistic goals for everyone. The best advice I would give you is to be passionate about the field. It sounds dumb on its face but being involved in student investment clubs/funds or competing in investment competitions are great ways to get exposure and meet people in the field while building your resume. Internships are incredibly important because that's where you prove to yourself and others that you are a capable person.   You also have a lot of options ahead of you. You can do research, client facing roles (CFP), and even corporate finance. I wasn't a finance major but I spent 3 years in college working in our student managed investment fund and it absolutely paid off (now doing corporate finance). You have to want to learn and grow. It's not realistic for a college student with limited resources to get your CFA level 1 or series exams, especially if it doesn't suit your field. Be open to different types of jobs and build relationships with your professors who are well connected. It does help to have stellar grades and it helps to be at a top school but our state school has put kids on the Street. You just have to be hungry and realistic about your talents and passion.   Good luck to you.\""}
{"_id": "530908", "title": "", "text": "This doesn't look particularly unreasonable, but a few notes: It's a little misleading to say that 45% of his paycheck is gone. Roughly 6% of his gross pay went to his 401(k). That money is still his; he's just chosen to save it in a particular way. Depending on the choices he's made for his retirement savings, he'll also reduce his tax bill right now and/or during retirement by making these contributions. Some of the other costs also go to social programs that may pay you back (granted, they may not always be as good as those in Europe, but it's not that you'd get nothing in return): In any case, $130K/year is certainly a lot on a global scale, but San Francisco is a very expensive city, and housing costs in SF have risen a lot lately. You've nicely summed up why a lot of families unfortunately leave the city."}
{"_id": "530938", "title": "", "text": "The company that runs the fund (Vanguard) on their website has the information on the general breakdown of their investments of that fund. They tell you that as of July 31st 2016 it is 8.7% emerging markets. They even specifically list the 7000+ companies they have purchased stocks in. Of course the actual investment and percentages could [change every day]. Vanguard may publish on this Site, in the fund's holdings on the   webpages, a detailed list of the securities (aggregated by issuer for   money market funds) held in a Vanguard fund (portfolio holdings) as of   the most recent calendar-quarter-end, 30 days after the end of the   calendar quarter, except for Vanguard Market Neutral Fund (60 calendar   days after the end of the calendar quarter), Vanguard index funds (15   calendar days after the end of the month), and Vanguard Money Market   Funds (within five [5] business days after the last business day of   the preceding month). Except with respect to Vanguard Money Market   Funds, Vanguard may exclude any portion of these portfolio holdings   from publication on this Site when deemed in the best interest of the   fund."}
{"_id": "530943", "title": "", "text": "\"Resign may be a bit far, but as for backing up Damore, I disagree.  You can criticise what Damore wrote, how he cherry-picked research and maybe his suggestions weren't the best. But this quote (quoted in the article) is the best way to summarise the backlash:  &gt; \u201cI cannot remember the last time so many outlets and observers mischaracterized so many aspects of a text everyone possessed.\u201d  The backlash has truly been post-factual. And it's fair to criticise the leadership of a company whose culture has clearly become post-factual. And not just post-factual in describing what Damore wrote (very often where he went out of his way to repeatedly write the *opposite*), but also in flat out rejecting *any* research into \"\"Nature\"\" in \"\"Nature vs Nurture\"\" that doesn't say \"\"Nature matters 0%\"\".  Many angry voices admit to not having read what they are ranting about. \"\"He said X!!! -- Uh, no he didn't -- I didn't read it, but it's horrible and he should be fired!\"\"  We rightly criticise and fear the Faux News/Trump post-factual BS politics, but the left *adopting* it is only going to make things worse. And avoiding that in corporate culture falls squarely into the lap of corporate leadership. So why exactly is Pichai playing along (albeit much much less) with this post-factual interpretation?\""}
{"_id": "530945", "title": "", "text": "You also can control how much of the economy the government holds dominion over.  Restricting what interest groups the government can and should listen to and under what circumstances is a slippery slope back towards tyranny. One man's asshole is another man's victim.  We've established that interest group politics disincentivize the government to act efficiently. Thats pretty much the beginning and the end. Government can be trusted with law and foreign matters, but it cannot be trusted to adequately furnish goods and services."}
{"_id": "530951", "title": "", "text": "With InteractiveBrokers there is no minimum trade amount, they also offer Australian Equities."}
{"_id": "530977", "title": "", "text": "I think you misunderstand my point. My post *is* rather vague. I'm saying that making an open post countering the company's public stance on diversity is unwise and is an inappropriate way to address any real concerns in general.   If it is merely an opinion you'd like to voice, there are many other social outlets which would be more appropriate for personal use than the company's internal network."}
{"_id": "530986", "title": "", "text": "How in the world is it the perfect vehicle to hide theft?  Every single transaction is publicly recorded and the best you can do is try to obfuscate that. Yet even if you get away with a crime today, the ledger is open for anyone to analyze, study, survey, and if you are caught later down the road with that wallet (such as an cached file on a computer) you will be linked to the crime you committed.   Plus you can't do anything nearly of any size and cashing out means revealing your identity through the exchanges which are under constant surveillance.   So please, tell me again how it's the perfect vehicle to hide theft -- because I'm sure the silk road chief who is sitting in jail would love to hear your tips."}
{"_id": "530987", "title": "", "text": "The SCHUFA in Germany works a bit different from the FICO score in the US. My background: I am a German currently living in the US. The information others want to see from the SCHUFA are a bit different. If you want to example rent a house or an apartment, the landlord often wants to see a SCHUFA statement which only shows that there are no negative entries. This statement you can get easily from online and they don't mention your credit score there. If you apply for a real credit or want to lease a car, they want to look deeper in your SCHUFA profile. However, very important is: They need signed permission to do this. Every participating company can submit entries to your profile where the score is calculated from. For example mobile phone plans, leasing a car, applying for a loan. Some lenders decide on the score itself, some on the overall profile and some also take your income into account. Since there is no hire & fire in Germany you are often asked to show your last 3 paychecks. This, in combination with your SCHUFA score is used for determination if you are eligible for a loan or not. However, they check through every entry which is made there and as long as it is reasonable and fits to your income (car for 800 EUR/month with a 1000 EUR salary does not!) you should not have a problem establishing a good score. The, in my eyes, unfair part about Schufa is that they take your zip code and your neighborhood into account when calculating their score. Also moving often affects the score negatively. To finally answer your question: Credit history is also built by mobile phone plans etc. in Germany. As long as you pay everything on time you should be fine. A bad score can definitely hurt you, but it is not as important to have a score as it is in the US because the banks also determine your creditworthiness based on your monthly income and your spending behavior."}
{"_id": "530998", "title": "", "text": "''just how much of the troubled southern EU nations' debt is due to the rescuing of private banks?  thanks''  My answer rambled onto related topics.  In short, not much. While the actual sums involved in bank bailouts are considerable, relative to sovereign debts run up by having structural/trade deficits for ~10 years, they aren't the problem in Europe at the moment...but they ARE the tip of an Iceberg that could sink parts of the EU and leave the rest struggling to stay above water.   An interesting question to ponder, with deceptively simple answers, is:  If the % of sovereign debt resulting from bank bailouts is so small, why does the media and general public throw a fit every time a major EU bank gets into trouble?  People are worried about losing their savings that they have with that bank. Its a visceral fear that is easy to personally relate to.  But scratch below the surface and there is a whole buffet of terror for you to feast on.  Assuming leverage of ~26* on assets held by banks and that true liabilities aren't completely opaque to average Joe retail investor, the collapse of the right bank could fire the starting gun on a vicious recession, trigger bailouts of other institutions exposed to the original and all sorts of nasty events.  These bank assets include the mess created by rehypothecation, securitization of shitty credit/assets and CDS, commercial paper that relies on never having to be realized as a loss and interference in the money markets and currencys by states.  Its damn hard to work out what assets and liabilities a bank has these days, let alone what any debt they have taken on is worth.   Euro Crisis Best Crisis.   *Pulled from memory, I'm not sure if this is accurate for Europe."}
{"_id": "531005", "title": "", "text": "\"I got started by reading the following two books: You could probably get by with just the first of those two. I haven't been a big fan of the \"\"for dummies\"\" series in the past, but I found both of these were quite good, particularly for people who have little understanding of investing. I also rather like the site, Canadian Couch Potato. That has a wealth of information on passive investing using mutual funds and ETFs. It's a good next step after reading one or the other of the books above. In your specific case, you are investing for the fairly short term and your tolerance for risk seems to be quite low. Gold is a high-risk investment, and in my opinion is ill-suited to your investment goals. I'd say you are looking at a money market account (very low risk, low return) such as e.g. the TD Canadian Money Market fund (TDB164). You may also want to take a look at e.g. the TD Canadian Bond Index (TDB909) which is only slightly higher risk. However, for someone just starting out and without a whack of knowledge, I rather like pointing people at the ING Direct Streetwise Funds. They offer three options, balancing risk vs reward. You can fill in their online fund selector and it'll point you in the right direction. You can pay less by buying individual stock and bond funds through your bank (following e.g. one of the Canadian Couch Potato's model portfolios), but ING Direct makes things nice and simple, and is a good option for people who don't care to spend a lot of time on this. Note that I am not a financial adviser, and I have only a limited understanding of your needs. You may want to consult one, though you'll want to be careful when doing so to avoid just talking to a salesperson. Also, note that I am biased toward passive index investing. Other people may recommend that you invest in gold or real estate or specific stocks. I think that's a bad idea and believe I have the science to back this up, but I may be wrong.\""}
{"_id": "531021", "title": "", "text": "\"The most \"\"all American\"\" motor-company. A beacon of 'Murica to millions far and wide says \"\"Fuck your domestic jobs, it's just strait up cheaper to build shit in China - or do you want to pay $50k for your 16 y/o kid's 2019 Focus?\"\"  Absolutely hilarious.\""}
{"_id": "531026", "title": "", "text": "\"Amazon is basically going to ruin Whole Foods.  \"\"Inventory changes\"\" is the key to ruining that store.  If they could lower prices by increasing efficiency or distribution decision-making effectiveness, that's one thing.  But changing the inventory is basically using the Whole Foods name while making it not that store anymore.\""}
{"_id": "531051", "title": "", "text": "I completely agree with Pete that a 401(k) loan is not the answer, but I have an alternate proposal: Reduce your 401(k) contribution down to the 4% that you get a match on.  If you are cash poor now and have debts to be cleaned up, those need to be addressed before retirement savings.  You'll have plenty of time to make up the lost savings after you get the debts paid off.   If your company matches 50% (meaning you have to contribute 8% to get the 4% match), then consider temporarily stopping your 401(k) altogether. A 100% match is very hard to give up, but a 50% match is less difficult.  You have plenty of years left ahead of you to make up the lost match.  Plus, the pain of knowing you're leaving money on the table will incentivize you to get the loans paid as quickly as possible.  It seems to me that I would be reducing middle to high interest debt while also saving myself $150 per month.  No, you'd be deferring $150 per month for an additional two years, and not reducing debt at all, just moving it to a different lender. Interest rate is not your problem.  Right now you're paying less than $30 per month in interest on these 3 loans and about $270 in principal, and at the current rate should have them paid off in about 2 years.  You're wanting to extend these loans to 4 years by borrowing from your retirement savings.   I would buckle down, reduce expenses wherever possible (cable? cell phone? coffee? movies? restaurants?) until you get these debts paid off.  You make $70,000 per year, or almost $6,000 per month.  I bet if you try hard enough you can come up with $1,100 fairly quickly. Then the next $1,200 should come twice as fast. Then attack the next $4,000. (You can argue whether the $1,200 should come first because of the interest rate, but in the end it doesn't matter - either one should be paid off very quickly, so the interest saved is negligible) Maybe you can get one of them paid off, get yourself some breathing room, then loosen up a little bit, but extending the pain for an additional two years is not wise. Some more drastic measures:"}
{"_id": "531066", "title": "", "text": "\"This page from simplestockinvesting.com gives details of total returns for the S&P500 for each decade over the last 60 years, including total returns for the entire 60 year period. It is important to understand that, from an investors point of view, the total return includes both the change in index value (capital gain) plus dividends received.  This total then needs to be adjusted for inflation to give the \"\"total real return\"\". As noted in the analysis provided, 44% of the total return from the S&P500 over the last 80 years comes from dividends.  For the DowJones30, this site provides a calculator for total returns and inflation adjusted total returns for user selected periods. Finding comparable analysis for the NASDAQ market is more difficult.  The NASDAQ market site provides gross values for total returns over fixed periods, but you will then need to do the arithmetic to calculate the equivalent average annual total returns.  No inflation adjusted values for \"\"real\"\" returns are provided, so again you will need to combine inflation data from elsewhere and do the arithmetic.\""}
{"_id": "531069", "title": "", "text": "\"&gt; Favoring one position because it is more pleasant or resonates more emotionally despite the logical alternative is the very definition of naivety.  And what position would that be?  I have stated my position repeatedly:  these companies are doomed, millions of people will lose their jobs, and it will suck for them.  This is not a pleasant position;  nor does it resonate with me;  the one point I am making that seems to make you all so angry is that _I feel compassion for the people who are going to suffer._  So tell me where I'm wrong, why I'm \"\"na\u00efve\"\".   Should Sears continue to exist as a shitty company?  I don't think you believe that.    Are these people who lose their jobs going to get better jobs?  Some of them, absolutely - but most of them have few marketable skills - I think you probably believe, like I do, that _most_ of them are obsolete workers and are going to have a lot of trouble even finding a job as good as the shitty one they are about to lose.  Or am I just \"\"na\u00efve\"\" because I feel sad for all these people who are going to go through a tough time?  I call that \"\"compassion\"\" and I'm proud to be a compassionate individual, even if it makes me sad.\""}
{"_id": "531074", "title": "", "text": "Because many companies are not willing to pay more to attract those employees. They figure fuck it, the government says I can pay this little. I am. In fact, many wait jobs are paid the 2.50$ min because tips. So employers can make as much as possible."}
{"_id": "531082", "title": "", "text": "Hotel Venkatesh Leela near Choudhary Cranes Farmagudi Goa India, Sunder Hall, Enjoy Family fun, business and leisure Stay Goa, Laundry facility, bar &amp;amp; Pub, best on-site restaurant with indoor and outdoor(lawn) sitting near vithal Nivas Goa, Lodging &amp;amp; Boardings Facilities near Ridhi plaza Goa, modern rooms Booking Goa, +91 (832) 2335300"}
{"_id": "531095", "title": "", "text": "It means someone's getting paid too much. I'd check the sharpe ratio and compare that to similar funds along with their expense ratio. So in some scenarios it's not necessarily a bad thing but being informed is the important thing"}
{"_id": "531098", "title": "", "text": "If internet trends continue in terms of accelerating the spread of all information, my bet would be that long-term it would mean the end of both, at least as we see them today. On the other hand, if increased connectedness is simply speeding up everything about human society, the same could probably be said of everything we're currently accustomed to."}
{"_id": "531117", "title": "", "text": "\"First, your professor should learn proper grammar. Should be, \"\"Why **do**....\"\"  Second, it looks like you're dealing with synthetic securities. You can create a synthetic T-Bill by doing a combination of long/short calls/puts.  But ignore all that. Just think about this without the technical jargon. We know that the risk free rate is typically what T-Bills are yielding right? And we know that since options are inherently more risky than US government debt, investors will demand a higher interest rate to compensate them for the risk. So, as the risk free rate increases, the value of a call will move the same direction, otherwise investors would stop dealing with call options and would instead buy safer, less-risky \"\"riskless\"\" investments.  It's not really an options question, just one of basic finance, risk, understanding of interest rates, etc.\""}
{"_id": "531137", "title": "", "text": "\"I was I a similar position as you, and sometimes credit bureaus might be difficult to deal with, especially when high amounts of money are involved. To make the long story short, someone opened a store credit card under my name and made a charge of around 3k. After reporting this to the bureaus, they did not want to remove the account from my credit report citing that the claim was \"\"frivolous\"\". After filing a police report, the police officer gave me the phone number for the fraud department of this store credit card, and after they investigated, they removed the account from my credit. I would suggest to do the following: Communicating with Creditors and Debt Collectors You have the right to:  Stop creditors and debt collectors from   reporting fraudulent accounts. After you give them a copy of a valid   identity theft report, they may not report fraudulent accounts to the   credit reporting companies. Get copies of documents related to the   theft of your identity, like transaction records or applications for   new accounts. Write to the company that has the documents, and include   a copy of your identity theft report. You also can tell the company to   give the documents to a specific law enforcement agency. Stop a debt   collector from contacting you. In most cases, debt collectors must   stop contacting you after you send them a letter telling them to stop.   Get written information from a debt collector about a debt, including   the name of the creditor and the amount you supposedly owe. If a debt   collector contacts you about a debt, request this information in   writing. I know that you said that the main problem was that your credit account was combined with another. But there might be a chance that identity theft was involved. If this is the case, and you can prove it, then you might have access to more tools to help you. For example, you can file a report with the FTC, and along with a police report, this can be a powerful tool in stopping these charges. Feel free to go to the identitytheft.gov website for more information.\""}
{"_id": "531153", "title": "", "text": "I wouldn't bother.  I think this varies from state to state, but generally her insurance would cover her even when driving someone elses car."}
{"_id": "531166", "title": "", "text": "No, blame the politicians and bureaucrats. You can't blame the millions of people who were failed by the broken education system and shitty set of ideologies that our civilization foists on people from birth on up. The politicians and bureaucrats can and should work to begin fixing this problem, but instead they exploit it."}
{"_id": "531171", "title": "", "text": "\"I don't see how this concept takes off. First and foremost, BankSimple is NOT a bank but a tech company masquerading as one. BankSimple leaves industry regulation and treasury management -- the CORE of banking, to outside parties.  Call me old fashioned, but I prefer to have as few stops between me and my money as possible. If not for a fear of losing it in a robbery and inability to earn interest, I'd shove it under a mattress. So why would I want to bank with an intermediary, who admittently doesn't understand how the process works? How is that \"\"looking out for my interests\"\"? And how is your security better than other institutions that offer 128-bit encryption and multiple security questions to test a customer's identity?  I'd like to add that not charging overdraft fees and providing lines of credit to help customers out in the event they spend more than they have is nice in concept, but what happens when those same customers do not make deposits to cover their shortfalls? When it comes to money, people will take advantage of any opportunities they have to circumvent the system. Especially if funds are tight.\""}
{"_id": "531180", "title": "", "text": "You can look into specific market targeted mutual funds or ETF's. For Norway, for example, look at NORW. If you want to purchase specific stocks, then you'd better be ready to trade on local stock exchanges in local currency. ETrade allows trading on some of the international stock exchanges (in Asia they have Hong Kong and Japan, in Europe they have the UK, Germany and France, and in the Americas they have the US and Canada). Some of the companies you're interested in might be trading there."}
{"_id": "531192", "title": "", "text": "\"The account you are looking for is called a \"\"Positive Pay\"\" account.  It generally is only for business accounts, you provide a list of check numbers and amounts, and they are cross-referenced for clearing. It normally has a hefty monthly fee due to the extra labor involved.\""}
{"_id": "531231", "title": "", "text": "\"This is some seriously dystopian bullshit, right here. We're the richest nation on the fucking planet. We shouldn't have disabled people digging for roots for $0.80 per day just to survive. She had a bloody heart attack. That work could very well kill her. I don't know, maybe she's better off dead if this is the way the \"\"greatest nation in the world\"\" treats her.  /r/latestagecapitalism\""}
{"_id": "531241", "title": "", "text": "Hey-  I'm sorry about this comment:    &gt;A dash of humility on your part may be in order, given the fact that you've already admitted to the reality that you aren't sure of any of this yourself.  I actually thought I responding to somebody else in the thread...I didn't catch that it was a totally different poster.    My apologies."}
{"_id": "531255", "title": "", "text": "&gt;it's still a foreign company that is getting the lions share of the money and contracts.  Welcome to the world of the multinational corporation. They're everywhere; its just that they used to be more likely to be based out of the US but that's changing as well - See Bayer, Honda etc for examples."}
{"_id": "531263", "title": "", "text": "Every state has a rule about the lottery system they are publishing lotto result on their official website. Visit our website lottoplayingtowin and get some rule and regulation for playing the lottery game. You can get our lotto e-book which includes some basic lotto rule and how to play the lottery game. For lotto playing to win you can choose six numbers out of 1 to 49. Match 1 to 6 numbers from Powerball and win a small prize."}
{"_id": "531288", "title": "", "text": "\"How is it possible for the average investor to underperform the market? The \"\"average\"\" investor probably makes some bad decisions. You also might need to take transaction costs into play (including borrowing on margin), so that there's a natural \"\"erosion\"\" of returns across the market.  Meaning if transaction/borrowing costs are 1%, and the market return is 5%, the \"\"average investor\"\"  Alternatively, if by \"\"average\"\" they mean the average of the population, not weighted by amount, it's plausible that the mass of smaller investors perform slightly worse than the smaller number of large investors (and have larger relative transaction costs), thus having a lower average on a per-capita basis. Doesn't the fact that investors can consistently underperform the market by making poor decisions, imply that an investor could consistently outperform the market by making the opposite decisions? No.  If my investment decisions cause me to earn only a 10% return compared to the \"\"average\"\" 12% return, then making the opposite decision will cause me to lose 10%, not to make 14%.\""}
{"_id": "531292", "title": "", "text": "Banks in certain countries are offering such facility. However I am not aware of any Bank in Hungary offering this. So apart from maintaining a higher amount in HUF, there by reducing the costs [and taking the volatility risks]; there aren't many options."}
{"_id": "531293", "title": "", "text": "I get it - we're a car culture.  I'm actually a big car guy.  That being said, the writing is on the wall as far as I'm concerned.   As I stated, I believe that it will be a carrot-and-stick approach.  The carrot is the financial and practical advantage of automation; the stick being the regulatory framework."}
{"_id": "531299", "title": "", "text": "I would second the advice to not do this. Real estate ownership is complex to begin with, involving a constant stream of maintenance, financing, and other decisions.  It is difficult enough to do for a single individual or a family as a unit (a couple), but at least spouses are forced to compromise. Friends are not, and you can end up with long-running conflicts and impasses. Financial transactions of any kind impose tensions on relationships, and friendships are no exception. If you want your friendship to survivie, do not sacrifice it to the financial arrangement which seems like a good idea at the moment. My advice would be to steer clear, no matter how attractive on the surface the deal might look. Focus on your own individual finances and use discipline and patience to save the amount needed for acquiring a separate investment property. But it will be 100% yours, and will save tons of headache. Since you are still considering this deal, it's a great time to politely change your mind and walk away - believe me, a few minutes of inconvenience will save you years of frustration. Good luck!"}
{"_id": "531301", "title": "", "text": "\"I love this:  &gt; Of the wealthiest in each state, roughly half are founders of companies. Another major path to wealth is inheritance, with the Waltons being the most striking example.  coupled with this:  &gt; How They Got Rich &gt; 1. Entrepreneurs &gt; 2. Heirs/Heiresses &gt; 3. Widows  So inheritance isn't \"\"another major path\"\" - there are exactly two paths, founding a company and inheriting it, and each of them has roughly 50% share of the richest.\""}
{"_id": "531306", "title": "", "text": "Can I Send the money back to my personal account of my mother/father in India? Yes you can. Do I need to pay any tax here in US or my parents back in India? There is no tax in India to your parents as it's treated as gift and is tax free between close relatives. In US you would need to pay gift tax if amount is more than USD 16000 a year. See other questions on this site for gift tax rules in US."}
{"_id": "531346", "title": "", "text": "\"The US Customs and Border Protection website states that there is no limit to the amount of currency that can be brought into or taken out of the US.   There is no limit on the amount of money that can be taken out of or brought into the United States. However, if a person or persons traveling together and filing a joint declaration (CBP Form 6059-B) have $10,000 or more in currency or negotiable monetary instruments, they must fill out a \"\"Report of International Transportation of Currency and Monetary Instruments\"\" FinCEN 105 (former CF 4790). The CBP site also notes that failure to declare currency and monetary instruments in excess of $10,000 may result in its seizure. Further, the site states that the requirement to report currency on a FinCEN 105 does not apply to imports of gold bullion.  However, the legal website The Law Dictionary includes details of how money laundering laws may come into play here : As part of the War on Terror and the War on Drugs, U.S. law enforcement agencies have significantly increased their vigilance over money laundering. To this effect, travelers who carry large amounts of cash without supporting documentation of its legitimate source may be subject to secondary inspections and seizure of funds. In some cases, law enforcement may confiscate cash in excess of $10,000 until supporting documents are produced. So far, I have described the \"\"official\"\" position.  However, reading between the lines, I think it is fair to say that in the current climate if you show up at an entry point with a suitcase full of a large amount of cash you would face considerable scrutiny, regardless of any supporting documentation you may present. If you fail to present supporting documentation, then I think your cash would certainly be seized.  If you are a US resident, then you would be given the opportunity to obtain satisfactory documentation.  If you did present documentation, then I think your cash would be held for as long as it would take to verify the validity of the documentation.  Failure to present valid documentation would result in money laundering charges being brought against you and the matter would rest before the courts. If you are not a US resident, then failing to produce supporting documentation would mean your cash being seized and entry into the US would almost certainly be denied.  You would then have to deal with the situation from outside of the US.  If you did produce supporting documentation, then again I suspect the cash would be held for as long as it takes to verify the validity of the documentation.  Whether or not you were allowed to enter the US would depend on what other documentation you possess.\""}
{"_id": "531351", "title": "", "text": "I like those managers who insist on everyone attending a meeting, even if its not relevant to them, and then later complaining how people don't engage and prefer to check phone messages.  If they're doing everything but engaging, it's because you're forcing the wrong people to attend."}
{"_id": "531356", "title": "", "text": "I actually think your boss is creating a problem for you. Of course it's taxable. The things IRS will look at (and they very well might, as it does stand out) what kind of payment is that. Why did it not go through payroll? The company may be at risk here for avoiding FICA/FUTA/workers' compensation insurance/State payroll taxes. Some are mandatory, and cannot be left to the employee to pay. On your side it raises your taxable income without the appropriate withholding, you may end up paying underpayment penalties for that (that is why you've been suggested to keep proofs of when you were paid). Also, it's employment income. If it is not wages - you're liable for self-employment taxes (basically the portion of FICA that the employer didn't pay, and your own FICA withholding). When you deposit the check is of no matter to the IRS, its when you got it that determines when you should declare the income. You don't have a choice there. I suggest asking the company payroll why it didn't go through them, as it may be a problem for you later on."}
{"_id": "531357", "title": "", "text": "The Dow is the top 30 companies in the USA representing different business sectors. Companies are replaced from time to time but a math equation keeps it statistically correct.   The S&amp;P 500 is the same concept as the Dow but with a much larger base of companies."}
{"_id": "531370", "title": "", "text": "\"These types of diagrams appear all throughout Kiyosaki's Rich Dad, Poor Dad book.  The arrows in the diagrams represent cash flow. For example, the first two diagrams of this type in the book are:  The idea being presented here is that an asset generates income, and a liability generates expenses.  According to the book, rich people spend their money buying assets, while middle class people buy liabilities. The diagram you posted above does not appear in the edition of the book I have (Warner Books Edition, printed in 2000).  However, the following similar diagram appears in the chapter titled \"\"The History of Taxes and the Power of Corporations\"\":  The idea behind this diagram is to demonstrate what the author considers the tax advantages of a personal corporation: using a corporation to pay for certain expenses with pre-tax dollars.  Here is a quote from this chapter: Employees earn and get taxed and they try to live on what is left.  A corporation earns, spends everything it can, and is taxed on anything that is left.  It's one of the biggest legal tax loopholes that the rich use.  They're easy to set up and are not expensive if you own investments that are producing good cash flow.  For example; by owning your own corporation - vacations are board meetings in Hawaii.  Car payments, insurance, repairs are company expenses.  Health club membership is a company expense.  Most restaurant meals are partial expenses.  And on and on - but do it legally with pre-tax dollars. This piece of advice, like so much of the book, may contain a small amount of truth, but is oversimplified and potentially dangerous if taken a face value.  There are many examples, as JoeTaxpayer mentioned, of people who tried to deduct too many expenses and failed to make a business case for them that would satisfy the IRS.\""}
{"_id": "531372", "title": "", "text": "Windows phones do not suck.  And the xbox is the market leader, and xbox live is amazing.  But I do use a droid.  MS just needs to figure out how to play WP, and I think with Win8 coming out they finally might have something.  I simply love my SGSIII too much right now.  But I'm never loyal to a brand.  When I renew I look at everything."}
{"_id": "531378", "title": "", "text": "Humm saw this and thought it appropriate.  40% of Millennials OK with limiting speech offensive to minorities http://www.pewresearch.org/fact-tank/2015/11/20/40-of-millennials-ok-with-limiting-speech-offensive-to-minorities/   **...and we wonder why the baby-boomers won't retire and the Gen Xers don't want to hire these fucks. They're another day-wasting Cultural Sensitivity Workshop waiting to happen.**"}
{"_id": "531395", "title": "", "text": "Mostly we invest in companies to make money. The money can be paid to as in the form of dividends that are a share of the profit.   Or the company can convince enough people that it will make a lot higher profit next year, so its stock prices increases. Clearly a company that reinvests its 20% profit from one shop to open an 2nd shop is doing well and is a good investment.      But, But, But... we only have the companies word for it!    A dividend paying company finds it a lot harder to hide bad news for long, as it will not have the money in the bank to pay the dividends."}
{"_id": "531404", "title": "", "text": "\"Meh. I'm a government apologist. Bend but don't break. The U.S. handles its emergencies quickly and its problems slowly. A lot of \"\"problems\"\" could be solved with an authoritarian government. We dont have that. We let people decide. A lot of them. We seek out and are often subjected to input. It takes a while. But our emergencies, they're already taken care of. If the debt was an emergency, a truly real here and now problem, it'd be solved.\""}
{"_id": "531408", "title": "", "text": "So let's assume some values to better explain this.  For simplicity, all of these are in thousands: So in this example, you're going to destroy $250 in value, pay off the existing $150 loan and have to invest $300 in to build the new house and this example doesn't have enough equity to cover it.  You typically can't get a loan for much more than the (anticipated) property value. Basically, you need to get a construction loan to cover paying off the existing loan plus whatever you want to spend to pay for the new house minus whatever you're planning to contribute from savings.  This new loan will need to be for less than the new total market value.  The only way this will work out this way is if you bring significant cash to closing, or you owe less than the lot value on the current property. Note, that this is in effect a simplification.  You can spend less building a house than it's worth when you're done with it, etc., but this is the basic way it would work - or NOT work in most cases."}
{"_id": "531423", "title": "", "text": "The broker that is issuing the moneys after vesting is more than likely deducting a notional amount of tax and NI based on UK income tax laws. If you are not a UK resident, then you should pay income tax on those stock options based on your own tax residency. Best thing to do is speak directly with the broker to explain the situation, ask them to not deduct anything from your stock options - but keep in mind that you will need to declare these earnings yourself and pay the correct rate of tax. From my own personal experience, the UK employer more than likely receives the net value (after the notional tax and NI have been deducted) and in usual circumstances create a tax liability on your payslip (if you were working and had earnings). If of course this deduction is being made by the employer, then you can simply ask them to correct this (most UK payroll software will automatically deduct tax and NI for payments after leaving unless manually intervened, so they probably aren't aware if it is them doing so)."}
{"_id": "531437", "title": "", "text": "Although I have tried to read as much as I can about whether HFT is good or bad for the market, I am not an expert and I am not very confident in my own opinion. Nevertheless, here's my take:    Let's say a pension plan buys a huge block of stock all at once and the market price moves against it. That's what is supposed to happen, and has always happened. HFT are able to offer tight spreads largely because they get picked off less then the market makers in earlier eras. I don't see that as HFT exploiting pension plans, I see it as them preventing themselves from being exploited.   I will acknowledge that some HFT shops have been caught doing actual market manipulation, but I believe that the vast majority of what they do is provide market making for cheaper than its ever been. FWIW the SEC [mostly agrees](http://www.bloombergview.com/articles/2014-06-05/sec-will-keep-thinking-about-high-frequency-trading) with me."}
{"_id": "531442", "title": "", "text": "\"According to this post on TurboTax forums, you could deduct it as an \"\"Unreimbursed Employee\"\" expense. This would seem consistent with the IRS Guidelines on such deductions: An expense is ordinary if it is common and accepted in your trade, business, or profession. An expense is necessary if it is appropriate and helpful to your business. An expense does not have to be required to be considered necessary. Office rent is not listed explicitly among the examples of deductible unreimbursed employee expenses, but this doesn't mean it's not allowed.  Of course you should check with a tax professional if you want to be sure.\""}
{"_id": "531462", "title": "", "text": "There would be multiple competing courts looking for people's business based upon who could best interpret laws and contracts. On the contrary, courts exist because people *do* want to be there. They are people who cannot come to an agreement on their own. If a person is a hardened criminal, they aren't going to want the court system at all. Those people are in the vast minority.  The notion of a market monopoly is a myth. The market by and large does not monopolize, and examples of monopoly don't last long.  In terms of the court system and justice, no, states do not work. Police often get away with actions that would be considered criminal for the rest of us, and politicians get the same treatment. The examples of police brutality going unpunished or political action being widely opposed and still being pushed through are too numerous to list.  Again, those who would loot and destroy are in the minority. If a person has the mindset that they want to harm person and property then they don't care about whether or not there is a state. They can only be stopped by force, and force can come from any entity with the legitimacy of using it. In that arena, there is nothing special about the state.  They wouldn't have any right to restrict your freedom except to the extent of stopping you from violating the person and property of others. They don't need a constitution for that.  &gt; Everything would just devolve into constant warfare between groups - until a single group outperformed the others of course and boom you've got a government again.  This is pure fiction. You have no evidence nor reason to actually support this. We're talking about reality, not conjecture. If you want to claim such nonsense then [you have to prove it.](https://mises.org/library/wouldnt-warlords-take-over) You can't just throw out such propaganda and expect it to be taken as fact."}
{"_id": "531472", "title": "", "text": "With the joint bank account my wife and I have (with Wells Fargo), I am able to set up separate log-ins for each of us. Check with your bank to see what you can do."}
{"_id": "531480", "title": "", "text": "I think the biggest thing you need in this situation is a budget/spending plan that you both agree on.  Look at what your income is going to be and what expenses you'll have, and make cuts where needed.  If it's important to you that she be able to spend some money on herself, then make sure there's a budget for it.  Often, knowing that there's a plan that will work will help put someone's mind at ease. Also, make sure you're communicating, especially in the subtle non-verbal ways, that you're in this together, and that you don't think it is unfair that you're bringing in most of the income during this time.  In general, make sure you're talking with each other a lot and being honest about your feelings about this major life change."}
{"_id": "531482", "title": "", "text": "I think your math is fine, and also consider insurance costs and the convenience factor of each scenario. Moving a car frequently to avoid parking tickets will become tedious. I'd rather spend an hour renting a car 20 times in a year rather than have to spend 15 minutes moving a car every three days. And if there's no other easy parking, that 15 minutes can take a lot longer. Plus it'll get dirty sitting there, could get vandalized. Yuck. For only 20 days/year, I don't see how owning a car is worth the hassle. I recommend using a credit card that comes with free car rental insurance."}
{"_id": "531488", "title": "", "text": "Another way to delay receipt is to delay billing. To be safe you will have to wait until the new year to send the bill, because if you do it in late December they could be super efficient and send it to you with just a few days turn around. They may being trying to spend money before the end of the year. Long ago there was a year where there were tax cuts starting January 1st.  I new of companies who allowed their employees to defer receiving their December paychecks until January. For families with two income this made a difference because they moved a month worth of one of their incomes into the cheaper year. If they weren't living month to month they could easily absorb the delay. Of course if you already sent the invoice...."}
{"_id": "531497", "title": "", "text": "So your point is that you know a guy that isn't good with money and has made some not great life decisions, thus **ALL** people that work low skilled jobs (even at the minimum wage level) are thus bad with their money and not cut out to own a house? Really... is that your argument?  Correlation is not causation. Just because someone works a low skilled job and is bad with money, life decisions, and shouldn't own a house does not mean that working low skilled jobs are the root of those problems.  &gt;That being said, the initial argument is as bogus as yours. I have a 2 bed 1 bath apartment for rent for $500 right now inside 610 loop in Houston TX. It's 10-15 minutes from downtown.  And rent here in the Seattle area is way higher than all of that. Yes, rent is different where you live. It still doesn't mean people in my area should have to live in a shack because you pay $500 in Houston. Honestly, that should be an incentive for companies to move to Houston to reduce costs due to cost of living difference, which is why companies are leaving California. But if you are here in Seattle, or another city, there should be the expectation that your workers can afford to pay rent somewhere in the area.  Also, just curious, do you pay any of your employees only the minimum wage?"}
{"_id": "531499", "title": "", "text": "\"That $200 extra that your employer withheld may already have been sent on to the IRS. Depending on the size of the employer, withholdings from payroll taxes (plus employer's share of Social Security and Medicare taxes) might be deposited in the US Treasury within days of being withheld. So, asking the employer to reimburse you, \"\"out of petty cash\"\" so to speak, might not work at all.  As JoeTaxpayer says, you could ask that $200 less be withheld as income tax from your pay for the next pay period (is your Federal income tax withholding at least $200 per pay period?), and one way of \"\"forcing\"\" the employer to withhold less is to file a  new W-4 form with Human Resources/Payroll, increasing the number of  exemptions to more than you are entitled to, and then filing a new W-4 changing your exemptions back to what they are right now once when you have had $200 less withheld. But be careful. Claims for more exemptions than you are entitled to can be problematic, and the IRS might come looking if you suddenly \"\"discover\"\" several extra children for whom you are entitled to claim exemptions.\""}
{"_id": "531504", "title": "", "text": "It looks like your visa being refused is entirely irrelevant. What happens in bankruptcy is that all the assets of the bankrupt entity are taken over, liquidated, and the proceeds are distributed to the creditors. You're one of the creditors, and as you've been told - the proceeds are not enough to pay all the creditors in full. This is quite common in bankruptcies. What you can do is sue in court and demand priority over other creditors, but... a. You're exactly the same as many other creditors (rest of the students), so why would you get a priority? b. Suing costs money and even if you get more, you'll pay way more for legal fees and expenses. What else can you do? If you paid with a credit card - your credit card company may be able to reverse charges. Sometimes that works, depending on how fast you move. If you paid with a check - your bank may similarly be able to stop payment on the check. This provided it hasn't been settled yet."}
{"_id": "531505", "title": "", "text": "Nothing is guaranteed - candlesticks are not crystal balls nor is any part of technical analysis. Candlestick patterns used correctly and in combination with other western technical indicators can increase the probability of a trade going into the derived direction, but they are not a guarantee - which is why you should always use stop losses with your candlestick or any trading. In saying that, another candlestick pattern that can provide high probability trades is the Doji, or a combination of Dojis in a row at a market extreme. Note that both Engulfing patterns and Dojis work best at price extremes (highs and lows) and in combination with other technical indicators such as an overbought momentum indicator at a market high, or an oversold momentum indicator at a market low. EDIT - An Example Here is a sample trade I placed on the 17th October and am currently 15.6% in profit on. See the chart below as it shows taking the trade on the open of the following day after a bullish engulfing pattern appeared at the bottom of a downtrend on the 16th in combination with the Slow Stochastic crossing over in the oversold region (below 20%). I would consider this a high probability trade and have placed an initial stop loss at 10% below my open price in case the trade went against me. As the price moved up I moved the 10% stop loss up as a trailing stop loss. My profit target is set at 25% or $4.00."}
{"_id": "531509", "title": "", "text": "Sponsorship isn't the problem as much as it is all of the planted articles, astroturfed/shilled discussion and artifical pretending to be organic.  Brands and special interests don't just want to buy commercials and ads, they want you to write an organic seeming article where they are mentioned positively (ahem Elon Musk and Jeff Bezos)."}
{"_id": "531522", "title": "", "text": "There's an interesting inter-generational dynamic at play here.  The Fed (and tax policy) has encouraged asset appreciation for decades to generate wealth effect, keep consumer spending up, and push economic growth.  This was great at the time, and benefited asset owners.  Unfortunately over a long period of time, this has led to great income inequality.  It's also raised home prices to a level where millennials (and anyone else without a house) to find real estate to be unaffordable.  Adjusting the tax code and putting pressure on prices would slow the economy.  It could also create a recession.  It would probably put the economy on a stronger footing for growth into the future."}
{"_id": "531529", "title": "", "text": "Jimmy Group ho\u1ea1t \u0111\u1ed9ng \u1edf 3 k\u00eanh \u0111\u1ea7u t\u01b0 ch\u00ednh th\u1ed1ng: B\u1ea5t \u0111\u1ed9ng s\u1ea3n, Ch\u1ee9ng kho\u00e1n, V\u00e0ng v\u00e0 Ti\u1ec1n t\u1ec7 (Forex, Estate, Stock)  C\u00e1c d\u1ecbch v\u1ee5 ph\u00e1t sinh: b\u00e0i ph\u00e2n t\u00edch m\u00e3 C\u1ed5 phi\u1ebfu, qu\u1ea3n l\u00fd V\u1ed1n, chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0, \u0111\u1ea7u t\u01b0 \u1ee6y th\u00e1c \u2026 =&gt; https://vangvatchat.wordpress.com/jimmy"}
{"_id": "531533", "title": "", "text": "We are a leading exporter and supplier of high quality, safe and durable ride on cars. We are specialist electric toy cars suppliers offering a wide range of kids electric cars, include ride on cars, ride on jeeps, electric ATVs, children motorcycles, pedal cars, 4V Electric Car, 6V Electric Car, 12V Electric Car, 24V Electric Car etc from reputed companies.We export and supply Ride on car throughout the South America, North America, Europe etc.  http://www.rideoncar.cn/"}
{"_id": "531550", "title": "", "text": "I don't have a problem linking my games to my Facebook account but I detest all the permissions they want.  Now the game wants to make Facebook posts on my behalf?  Send messages to my friends?  Now it wants to send me e-mails too?  Perhaps next you'd like to call me on the phone and nag me to play your game again!?!  Let's not forget that you don't have an option to decline ANY of these permissions either.  You must accept them or you are not allowed to play the game anymore.  Goodbye mildly entertaining Draw Something."}
{"_id": "531551", "title": "", "text": "\"These rates are so low because the cost of money is so low. Specifically, two rates are near zero.  The Federal Reserve discount rate, which is \"\"the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window.\"\" The effective federal funds rate, which is the rate banks pay when they trade balances with each other through the Federal Reserve. Banks want to profit on the loans they make, like mortgage loans. To do so, they try to maximize the difference between the rates they charge on mortgages and other loans (revenue), and the rates they pay savings account holders, the Federal Reserve or other banks to obtain funds (expenses). This means that the rates they offer to pay are as close to these rates as possible. As the charts shows, both rates have been cut significantly since the start of the recession, either through open market operations (the federal funds rate) or directly (the discount rate). The discount rate is set directly by the regional Federal Reserve banks every 14 days.   In most cases, the federal funds rate is lower than the discount rate, in order to encourage banks to lend money to each other instead of borrowing it from the Fed. In the past, however, there have been rare instances where the federal funds rate has exceeded the discount rate, and it's been cheaper for banks to borrow money directly from the Fed than from each other.\""}
{"_id": "531555", "title": "", "text": "Why would I go to amazon at 9pm at night to buy 2-4 to fix a broken box spring? Or go to amazon to purchase a handful of the right size screw which I sit and measure with an extra screw I bring? (My last two trips)"}
{"_id": "531578", "title": "", "text": "\"It depends on what the \"\"true\"\" reason for the trip is.  If you decide to deduct the trip as a business expense, then during an audit you will be asked why you had to go there. If there was nothing accomplished via the travel (that is, you worked from the hotel, met with no clients, visited no tradeshows, etc) then the expense is unlikely to be allowed. Yes, on a business trip you can do sightseeing if you wish (though you can't deduct any sightseeing specific expenses, like admission to a tourist attraction), but if you are just working while on vacation, then the trip itself is not deductible, since there was no business benefit to traveling in the first place.\""}
{"_id": "531579", "title": "", "text": "It's more about the price than anything.  Some of the food is passable, but prices have risen so much that fast casual costs the same as real restaurants.  Sometimes they're more expensive than local restaurants.  If you're serving mediocre to awful food and charging premium prices, you're going to have a problem."}
{"_id": "531605", "title": "", "text": "\"How do I leave 0 tip and not feel guilty or make anyone feel bad? Rationalizing the wages of restaurant staff is not within the control of the wait staff. In fact, the IRS assumes that restaurants where tipping occurs will receive at least 8% of their gross receipts in tips: IRS Topic Number: 761 - Tips \u2013 Withholding and Reporting If the total tips reported by all employees at your large food or   beverage establishment are less than 8 percent of your gross receipts   (or a lower rate approved by the IRS), you must allocate the   difference between the actual tip income reported and 8 percent of   gross receipts among the employees who received tips. So, as little sense as it may make, tipping is baked into the US tax code. There's no way you can refuse to tip in an establishment where tipping is the practice and not make someone feel bad, since it will have a real impact on their earnings. If you are serious about your principles, you should exclusively patronize restaurants with a \"\"no tipping\"\" policy. They are becoming more common. If you patronize restaurant where tipping is expected and refuse to tip, then people will suspect that it's less about your principles and more about being a \"\"free rider\"\".\""}
{"_id": "531624", "title": "", "text": "&gt; Can almost guarantee the console will be a flop  I think there's a big gap in the marketplace. Consoles are moving towards the PC end of the spectrum, abandoning the middle.  On one end you have casual gamers, phones, retro systems/emulators etc.  On the other end you have PCs converging towards VR and consoles going all-in to catch up so they aren't also-rans.   In the middle there's room for a $100 system that plays games that are more fun than just sheer graphics. One that doesn't require expensive annual subscriptions, season passes, DLC, etc.   If I were SEGA, I'd be looking at a console as well."}
{"_id": "531625", "title": "", "text": "Yep, this is a fact - and actually goes double for non-profits and the public sector. I'm significantly more shielded from this than if I was employed as a developer for a private entity.   I once worked for a startup where I had to sign a contract to not create a competing service within 2 years of leaving the company. I've been very careful to never put myself in that position again."}
{"_id": "531626", "title": "", "text": "What you are thinking about is bitcoin probably where people are and can be anonymous. I would suggest you to look that up."}
{"_id": "531629", "title": "", "text": "I got caught up with Zynga's 'Mafia Wars' for a while, but I kept having technical issues with the game, and Zynga made it damn near impossible to contact them with issues. Even when you jumped through all of their hoops they usually did nothing, or held up more hoops until you finally gave up. My wife had many of the same types of problems with 'Farmville'. Zynga's disregard for customer service killed our desire for their games. Now I couldn't care less if they go bankrupt. Seriously, customer service, will make or break a company; and since Zynga doesn't seem to care enough about their customers to provide good, responsive customer service, then they can go to hell as far as I'm concerned, they've permanently lost me as a customer. Honestly I've never known a company that was harder to contact with product, or technical issues, or received less satisfaction when I was able to contact them. It doesn't surprise me one bit that they have lost large numbers of customers. Maybe they just don't realize that the people who play their games are customers, or at least potential customers."}
{"_id": "531640", "title": "", "text": "How?  Your latest claim is that caring for the poor is everyone's responsibility as much as they can.  Are you saying that you can't pay a penny more in taxes to help resolve this issue?  If that is what you're saying, why do you believe that?"}
{"_id": "531647", "title": "", "text": "\"$18 might do in Ohio, but not California. You can get a waiter job for that much and more! The wage has to be \"\"livable\"\".  Also, not sure if you noticed, but California sucks at trying to fix things. They end up making things worse, blowing tax payor funds, and driving people out of the state.  https://mises.org/blog/california-illinois-and-new-york-keep-losing-people-other-states\""}
{"_id": "531656", "title": "", "text": "It could, in 100 years or so, but not any time soon, electric vehicles only in USA at 2016 sold 159,333 and non electric vehicles sold over 17m. Electric cars take much less than 1%. Plus its only In USA in other countries ratio is much lower."}
{"_id": "531665", "title": "", "text": "Consider consulting a fee-only Certified Financial Planner. It will be worth the money to have your game-plan looked at by somebody who is trained and experienced in such matters, helping you avoid big mistakes and making the right decision for your personal situation. It should cost only a relatively small percentage of the overall inheritance."}
{"_id": "531667", "title": "", "text": "\"Nah. You can make a shit tonne of dough from social media!! Build a following for \"\"influencer based marketing\"\" gigs, or use targeted PPC ads to sell products / services.   Source: I do sales and marketing stack automation and use social as the largest sales channel for maaaaany companies around the world. It works well.\""}
{"_id": "531689", "title": "", "text": "\"Since you're an idiot, here is a quote [\"\"The Bank of England (formally the Governor and Company of the Bank of England) is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world \"\"](http://en.wikipedia.org/wiki/Bank_of_England).  Note that this bank, **founded in 1694**, is the model on which most modern central banks have been based.  Now a quote from you:  &gt;The UK did NOT sell debt and simultaneously purchase its own debt in the past (until modern times).   Owned, fool.  And another quote to rub it in \"\"The lenders would give the government cash (bullion) and also issue notes against the government bonds, which can be lent again.\"\"  You still have not listed an empire that did not purchase it's own debt.\""}
{"_id": "531695", "title": "", "text": "It depends. It sounds like they already have the product idea and supply, so it's not a blank slate. When you mention that they are supplying capital, is that capital also going towards your salary? If so, the 15-20% they are offering on top of that could be generous. Compare what you are asking for to them spending money hiring someone to build out an additional product line, which does not involve giving that hire a huge share of the business."}
{"_id": "531698", "title": "", "text": "Fantastic question to be asking at the age of 22! A very wise man suggested to me the following with regard to your net income I've purposely not included saving a sum of money for a house deposit, as this is very much cultural and lots of EU countries have a low rate of home ownership. On the education versus entrepreneur question. I don't think these are mutually exclusive. I am a big advocate of education (I have a B.Eng) but have following working in the real world for a number of years have started an IT business in data analytics. My business partner and I saw a gap in the market and have exploited it. I continue to educate myself now in short courses on running business, data analytics and investment. My business partner did things the otherway around, starting the company first, then getting an M.Sc. Other posters have suggested that investing your money personally is a bad idea. I think it is a very good idea to take control of your own destiny and choose how you will invest your money.   I would say similarly that giving your money to someone else who will sometimes lose you money and will charge you for the privilege is a bad idea. Also putting your money in a box under your bed or in the bank and receive interest that is less than inflation are bad ideas. You need to choose where to invest your money otherwise you will gain no advantage from the savings and inflation will erode your buying power. I would suggest that you educate yourself in the investment options that are available to you and those that suit you personality and life circumstances. Here are some notes on learning about stock market trading/investing if you choose to take that direction along with some books for self learning."}
{"_id": "531750", "title": "", "text": "Buying a starter home is not a bad idea if you have a stable job and plan to stay in the area for a long time. Owning a house that you can afford is a very good idea.  Purchasing a home that you do not want to live in long term is not a good idea. People who move frequently pay a lot in real estate commissions, as you've mentioned, but they also pay loan origination and title fees. Mortgage interest is tax-deductible, and many people consider home ownership to better than renting because of that fact alone. What they do not consider are costs of property taxes, HOA fees (common in condos and townhouses, but also possible in single family homes), and being tied to piece of real estate if the job market changes and they need to move. The easy rule of thumb is to consider the ratio of total price to one year of rent. If you could purchase for $200k, but you would rent for $800 per month then the price to rent ratio is 20.83. Depending on the market most homes fall between 10 and 20. When the ratio is less than 10, then you would be at a great disadvantage renting instead of purchasing, when the ratio is greater than 20, you would be foolish to buy instead of rent unless there was some other compelling factor motivating the purchase."}
{"_id": "531758", "title": "", "text": "In the scenario where interest rates rise to anything like normal, interest payments on the debt will quickly explode to be a huge portion of the budget, forcing deep cuts in other areas.  Holding interest rates near zero forever just isn't sustainable."}
{"_id": "531764", "title": "", "text": "Walmart is the now the largest private employer on earth.  They have a large monopoly on a market that was once served by many different companies small to large.  As well, they use their size to heavily influence their supply chain and push them to lay off employees and make other cuts.  There is no competition for labour they can pay them whatever they want, and they are only customer for many of their suppliers, so they can set whatever price they want.  Walmart is a monopoly."}
{"_id": "531781", "title": "", "text": "\"Yes, I did. I won't deny it. But, as I said in my original post - \"\"I don't know much about this subject [finances]\"\". Well, that's why I came  here to ask a question. I don't know what \"\"trusted\"\" sources are in this field - it's not as if there are real scientific journals in this field as in biology (my profession). So... is this a problem in your view?\""}
{"_id": "531782", "title": "", "text": "At least they're doing something about it unlike all of the US companies that were involved. They're taking some responsibility and if they can revive the tourism industry in the gulf states they're doing a hell of a lot more than any US firm has done for other people.  Sure you can get pissy saying that they're doing it for themselves - yes, yes they are - but would you rather they just turned their backs on it and walk away? Grow the fuck up."}
{"_id": "531787", "title": "", "text": "\"There's an expression, \"\"stock prices have no memory.\"\" Apple trades at about $115. Why would I carry my shares at anything but $115 even though I paid say $75 a share, while you just bought it at $115?  The only difference, perhaps, is that if I hold them in a non retirement account, I might track the net I'd have, post tax.\""}
{"_id": "531794", "title": "", "text": "When your gun gets jammed, do not try to fix it yourself; although airsoft guns are replicas, they are manufactured by experts in the field and so these gadgets are complicated to use. Consulting professional help would be a wiser option instead of trying to repair it yourself. Know much more airsoft guns at http://airsoft-club.com/shop/"}
{"_id": "531808", "title": "", "text": "I read a great article on LinkedIn that claimed (with some stats) that a huge amount of employees are chosen before the job goes to advert. I'm not saying that's the case here, but i think having an 'in' is definitely useful! Is there a contact for an informal discussion? Hope i'm not too late in replying, and good luck!"}
{"_id": "531821", "title": "", "text": "\"Seriously whole foods accounts for maybe 5% of market share in the grocery industry. I feel like I have seen a lot of \"\"writers/reporters/bloggers\"\" trying to paint amazon as taking over groceries and retail, but it's just a huge overreaction. Just like the stock market overreacted to amazon purchasing whole foods, this is just another overreaction.\""}
{"_id": "531841", "title": "", "text": "That really depends on the lender, and in the current climate this is extremely unlikely. In the past it was possible to get a loan which is higher than the value of the house (deposit considered), usually on the basis that the buyer is going to improve the property (extend, renovate, etc.) and this increase the value of the property. Responsible lenders required some evidence of the plans to do this, but less responsible ones simply seem to have given the money. Here in the UK this was often based on the assumption that property value tends to rise relatively quickly anyway so a seemingly-reasonable addition to the loan on top of the current value of the property will quickly be covered. That meant that indeed some people have been able to get a loan which is higher than the cost of the purchase, even without concrete plans to actively increase the value of the property. Today the situation is quite different, lenders are a lot more careful and I can't see this happening. All that aside - had it been possible, is it a good idea? I find it difficult to come up with a blanket rule, it really depends on many factors -  On the one hand  mortgage interest rates tend to be significantly lower than shorter term interest rates and from that point of view, it makes sense, right?! However - they are usually very long term, often with limited ability to overpay, which means the interest will be paid over a longer period of time."}
{"_id": "531859", "title": "", "text": "\"&gt; People will lose faith in college degrees and start working as contractors, plumbers, mechanics, etc. This will generate a direct wealth, but it will also severely hurt our ability to innovate due to the resulting \"\"brain drain\"\"  I disagree. People who do not benefit from a college education will stop muddling through college, and be productive instead. People who benefit from advanced training in a field will still find college worthwhile. In fact, maybe some decently smart people will contribute to plumbing innovation instead of learning (economically) useless art history. (This is only to speak of economic value of education. Education is still a fine thing for anyone to obtain as a \"\"consumer good\"\".)\""}
{"_id": "531863", "title": "", "text": "The idea that you should pay $5,000 up front to convert your shares and sell them to ultimately receive some larger amount is crazy. If in fact the shares need to be converted (unlikely), they should be able to deduct the fees from the proceeds of your transaction, and you would not be out-of-pocket anything at all. You didn't provide much in numbers, so I will make some up: For example:  If you have 2,000 shares valued at $10 each, your account should be worth $20,000. If the liquidation cost is $5,000, they should be able to sell everything, deduct the liquidation cost, and send you a check for $15,000. You should NOT have to pay money up front to get your own money, and that is a sure sign of a scam.   If the liquidation cost is $5,000, they should be able to sell everything, deduct the liquidation cost, and send you a check for $15,000. You should NOT have to pay money up front to get your own money, and that is a sure sign of a scam."}
{"_id": "531885", "title": "", "text": "Its dismissive because it's in reply to the absolute nonsense that makes up Trump support and Trump's own words. At some fucking point, it's ok to put a line in the sand without writing a dissertation about the line. What needs to be said has been said. Provide some real substance or fuck right on off. Good Day sir."}
{"_id": "531918", "title": "", "text": "There are some people that still get an old-fashioned paycheck but for the most part if you are an employee at a company you get a paystub while the money is direct deposited into your accounts.  Paying for stuff at a store with a check is not very common.  Most people use credit cards for that purpose.  A significant percentage of the population still use checks for paying there regular bills through the mail.  Although the more internet savvy people will most likely use online bill pay from their bank so they don't have to mail checks.  Personally I have only written about 15 checks in 5 years.  Mostly to people and not to businesses setup for receiving bill payments electronically."}
{"_id": "531934", "title": "", "text": "Well for starters you want to rent it for more than the apartment costs you.  Aside from mortgage you have insurance, and maintenance costs.  If you are going to have a long term rental property you need to make a profit, or at a bare minimum break even.  Personally I would not like the break even option because there are unexpected costs that turn break even into a severe loss. Basically the way I would calculate the minimum rent for an apartment I owned would be: (Payment + (taxes/12) + (other costs you provide) + (Expected annual maintenance costs)) * 100% + % of profit I want to make. This is a business arrangement.  Unless you are recouping some of your losses in another manner then it is bad business to maintain a business relationship that is costing you money.  The only thing that may be worth considering is what comparable rentals go for in your area.  You may be forced to take a loss if the rental market in your area is depressed.  But I suspect that right now your condo is renting at a steal of a rate.  I would also suspect that the number you get from the above formula falls pretty close to what the going rate in your area is."}
{"_id": "531953", "title": "", "text": "Rates are arrived at by the cumulative buying and selling on the foreign exchange market, much the same way that stock prices are arrived at.  If there are more people wanting to buy dollars with euros, EUR/USD goes down.  If more people want to buy euros with dollars, then EUR/USD goes up. The initial rate was about $1.18 per euro when it began trading on January 1st, 1999.  It replaced the European Currency Unit at that time, which was a weighted basket of currencies of (more or less) the participating countries. You're correct about the printing press in the US and other countries.  The exchange rates do reflect in part how much of a relative workout those printing presses get."}
{"_id": "531963", "title": "", "text": "I think in these types of situations where your knowledge is limited concerning the workings of the firms, the only thing you can do is explain why you want to be a quant. Discuss your love of math, the challenges/thrill of figuring out markets, the future of trading, etc. Quant firms are full of really smart people looking for intellectual challenges, and the money is just the cherry on top. While I don't work in finance, just reading about firms like Renaissance staffed with ex-IBMers and professors, it seems reasonable to assume the above."}
{"_id": "531965", "title": "", "text": "First, as Dheer mentioned above, there is no right answer as investment avenues for a person is dicteted by many subjective considerations. Given that below a few of my thoughts (strictly thoughts): 1) Have a plan for how much money you would need in next 5-7 years, one hint is, do you plan you buy a house, car, get married ... Try to project this requirement 2) Related to the above, if you have some idea on point 1, then it would be possible for you to determine how much you need to save now to achieve the above (possibly with a loan thrown in). It will also give you some indication as to where and how much of your current cash holding that you should invest now 3) From an investment perspective there are many instruments, some more risky some less. The exact mix of instruments that you should consider is based on many things, one among them is your risk apetite and fund requirement projections 4) Usually (not as a rule of thumb) the % of savings corresponding to your age should go into low risk investments and 100-the % into higher risk investment 5) You could talk to some professional invetment planners, all banks offer the service Hope this helps, I reiterate as Dheer did, there is truely no right answer for your question all the answers would be rather contextual."}
{"_id": "531977", "title": "", "text": "Sure, but in the context of Uber firing 20 people, disclosing the results of an internal investigation by Eric Holder, the firing of their self-driving car VP of engineering, and the resignation of Travis Kalanick's right-hand man, Emil Michael, it was clear that Travis Kalanick was extremely close to the ledge.  Not to mention the fantastic reporting done by the Wall Street Journal that detail exactly what led to his leave of absence.    Nothing about the reporting on his leave of absence was misleading."}
{"_id": "531984", "title": "", "text": "I wasn't talking about cs I was talking about finance. Don't apply your own lens to my comment and then tell me that you think its wrong. And besides that I'm calling bullshit on the prereqs. Every major has pre reqs you just have to plan your schedule. Obviously it varies from school to school and if you go somewhere where there is an important pre req that's only taught once every year or two, yeah you have to plan for that shit or you get fucked. But I refuse to believe that any class has a chain of four pre reqs in front of it, such that you could not complete the chain in two years, or four semesters. And that's not even counting summer semesters, a great time to make sure you're pre reqs are covered if need be."}
{"_id": "531990", "title": "", "text": "Yes, in order for a job to be allowed to exist the wages must be sufficient for the employee to buy a median priced home and support a family.  It's not possible some people may have different preferences, like fewer hours, lower wages, no skills requirements, and roommates. So, it should be illegal to create jobs that cater to those non-existent individuals."}
{"_id": "532012", "title": "", "text": "\"Wow all the answers here are a joke. Retained earnings is a funding side (liabilities + equity) of the balance sheet accounting entry. It's a residual value, so if you end up funding your assets with more liabilities, for example, then retained earnings will be smaller.  When worrying about the funding side of the balance sheet, you should consider mainly (1) how much you want in the business of your own money (equity) and (2) how much debt your business can support, as well as how much debt you're comfortable with.  #2 is a function of looking at your income generating capacity. Once you've figured out how much you will fund with debt, you then need the remainder to be your money. Some of this is contributed capital, the rest is retained earnings. So to wonder about how much in retained earnings to have isn't really the way to think about it. You should have the \"\"debt vs. equity\"\" conversation with yourself and figure it out that way. Don't worry about the components of equity if you're a sole owner and it's all yours. (There are other ways to finance equity like preferred shares, but for all intents and purposes this is a small business).  From a risk perspective, retained earnings is largely irrelevant on a standalone basis. You should pay far more attention to your assets. For example, if you asked \"\"how much cash or working capital do I need?\"\", that's an operational question that's very important to know for running the business. It can be debated and there is a right answer. Retained earnings is just a partial accounting entry of equity (and can even be manipulated by repurchasing shares and then contributing more capital), so I wouldn't focus on it.\""}
{"_id": "532029", "title": "", "text": "Dr. Raymond Stantz: Personally, I liked the university. They gave us money and facilities, we didn't have to produce anything! You've never been out of college! You don't know what it's like out there! I've WORKED in the private sector. They expect results.   (Ghostbusters)"}
{"_id": "532034", "title": "", "text": "&gt; The set, called The Netflix Collection, will be sold as part of a pop-up event at Alternative Herbal Health Services in West Hollywood from 25-27 August to legal medical marijuana card-holding customers.   I thought California was a legal state for recreational use.  Why only medical card holders?"}
{"_id": "532074", "title": "", "text": "I don't think actual variety is a bad thing.  Idk if this is a business lesson from Apple Stores of the late 90s/early 00s or comes earlier...  I think they teach the paradox of choice lesson badly.  What's lousy is a ton of options of nearly the same exact thing with no clear delineation between them.  That's what confused the average person in consumer electronics and Apple was offering a bunch of overlapping computer lines with no clear distinctions and stuff that simply wasn't selling in numbers to justify the expense.  Of course, if you're a shop, and 10% of your shelf space makes 90% of the sales, then cutting down on some of the 90% of shelf space or replacing it would have merit.  But people come for variety, just look at clothing boutiques."}
{"_id": "532077", "title": "", "text": "\"&gt; Go on, try walking away without signing your credit card receipt at stores where they present it for signature, and see what happens.  That's true... if the amount is over $25. Did you notice it? Actually, at Costco is over $50.  And you know what else is true? That yes, they require you to squibble something, but you can write an obvious incorrect signature and nobody will care. You have no idea how many times the screen with the electronic pen did not work right, so I just put couple of lines...  &gt;&gt;  know what I am talking about because I deal with credit cards a lot, professionally, in IT.  &gt; You and everyone else. Big deal. Different credit card processors have different requirements for their customers (merchants).  Just because different processors have different requirements makes the whole process impossible to manage or comply with. Go figure out the requirement based on the card presented.  &gt;&gt; The credit card companies don't really care.  &gt; I think the real lesson here is nobody cares.   The merchant cares, because they are ultimately responsible for paying for fraud... which is the main reason why credit card companies don't care... and many merchants too because they have insurance...  The bottom line is that everyone would not mind to enter a PIN to get the transaction through, but a stupid ego trip of the credit card companies who don't want to be \"\"like ATMs\"\". That's it.  So they came up with chip in the card, which made the process slower and more expensive, and does not solve anything except fake credit cards (copied credit cards).\""}
{"_id": "532087", "title": "", "text": "When a store operates their salesforce on commission, commission rates are highest on the highest profit items for the store. This just means that the sales force will be even more pushy about the extended warranty and the gold plated HDMI cable. Because those are cash cows for the store, and the salesforce will be incentivized to push them."}
{"_id": "532100", "title": "", "text": "Agreed with the CEO that it is cases like this, encouraging people to live beyond their means, that popped the housing bubble.   But we can't mention that without also mentioning the, what? Maybe thirty-year drunkenly-stupid profits people were making off the underlying financial tool of packaging sub-prime mortgages together and selling them as securities, and the eventual concomitant derivatives of that foundational, and ultimately; bubble-causing tool.   I'd say it was a good model to all the hundreds of thousand of people that profited from it, and the thousands who each individually made hundreds of millions of dollars, and the many people that got out of the bubble on the way down.   That being said, and the obvious connotation that from their perspective long-running bubbles, like the specific one mentioned, are in aggregate good for the institutions that use them; then, simply using tools that cause bubbles to burst, isn't in itself bad, and is usually good, for the reasons I stated; on average.   The insidiousness that it's also a blog? Wow, very sophiaticated, almost machine-learning sophisticated. I really like this piece from that perspective. I mean, doctor OZ is a sophisticated infomercial, but this is possibly better (nah doctor OZ is a better con).   I'm going have to look up the criticism by those two newspaper heads you mentioned. And, yes good publicity, from multiple angles. This is a sophisticated weighted-algorithm... thing.   Finally, you know the negative connotations of this thing also work to it's benefit. It's a formula I've studied in mass-marketing, where you can rely on the law of large numbers; the things that are slightly grotesque increase efficacy. Once you see it you might well be horrified, like when you study Zombardo, Milgram, or Asch. The human in all it's magnificent grotesqueness.   The archetypal example; Walt Disneys Mickey Mouse. Seth McFarland ilucidated this fact when he literally pulled the gloves off a similar cartoon-mouse like character.   I saw it on a box of fruity pebbles too, it was in Barney Flinstones eyes."}
{"_id": "532113", "title": "", "text": "\"This question can simply be answered with \"\"it depends\"\", but I am sure that is not the answer you want. So here is all of the reasons why it depends... The philosophy behind real time energy pricing is that  you pay for what it actually costs for the energy to be produced. Peak times costs the power company a lot of money to produce the power. There are many reasons for this, but the simplest reason is that at some point the company will have to build extra power plants in order to be able to provide for the peak demand, while these plants will be widely underused during off-peak times. In the traditional flat rate charge per killowatt billing, you had to be charged higher then it actually costs during the off-peak hours in order for the power company to make sure they brought in enough money to cover the costs of the peak hours. Technology has now advanced enough that power company can charge you more directly of what it actually costs them. Potentially this could mean that you would pay more in electricity. This can happen if you are a person who loves to use energy during peak hours. Do you like turning on all of your lights when you get home from work in the summer? What about watching TV? Or what about cooking dinner? Or what about turning the AC down colder to overcome the heat produced by cooking dinner? All of those things that you might be used to doing are actually costing the power company more money because they have to plan for those higher peak loads. You can save yourself money if you are willing to shift your usage to other times of day, such as cook later in the evening or decide to grill outside, or wait to watch your TV show until later in the evening. If you are someone who is stuck in your ways and doesn't want to adjust the time of day that you do certain things, doing real time pricing may end up costing you more. Some people could argue that it actually should cost you more. Why should someone who is saving the power company money have to pay extra for someone who is costing the power company more money? All of this is viewed from the short term though. You may save some money here or there, or you may end up paying a little extra here or there, but I truly believe that in the long run everything will equalize out such that you will be paying the same anyways, or at least a small enough difference I wouldn't worry about it. If you stick with the flat rate pricing, they are already have to factor in you being a peak rate user when you might not actually be one.  In short, if you are willing to adjust your habits, I will almost promise you that you will save money. If you don't want to change and especially like to use energy during Summer afternoons, you might want to just stay where you are at.\""}
{"_id": "532139", "title": "", "text": "The upvoted answers fail to note that dividends are the only benefit that investors collectively receive from the companies they invest in. If you purchase a share for $100, and then later sell it for $150, you should note that there is always someone that purchases the same share for $150. So, you get $150 immediately, but somebody else has to pay $150 immediately. So, investors collectively did not receive any money from the transaction. (Yes, share repurchase can be used instead of dividends, but it can be considered really another form of paying dividends.) The fair value of a stock is the discounted value of all future dividends the stock pays. It is so simple! This shows why dividends are important. Somebody might argue that many successful companies like Berkshire Hathaway do not pay dividend. Yes, it is true that they don't pay dividend now but they will eventually have to start paying dividend. If they reinvest potential dividends continuously, they will run out of things to invest in after several hundred years has passed. So, even in this case the value of the stock is still the discounted value of all future dividends. The only difference is that the dividends are not paid now; the companies will start to pay the dividends later when they run out of things to invest in. It is true that in theory a stock could pay an unsustainable amount of dividend that requires financing it with debt. This is obviously not a good solution. If you see a company that pays dividend while at the same time obtaining more cash from taking more debt or from share issues, think twice whether you want to invest in such a company. What you need to do to valuate companies fairly is to estimate the amount of dividend that can sustain the expected growth rate. It is typically about 60% of the earnings, because a part of the earnings needs to be invested in future growth, but the exact figure may vary depending on the company. Furthermore, to valuate a company, you need the expected growth rate of dividends and the discount rate. You simply discount all future dividends, correcting them up by the expected dividend growth rate and correcting them down by the discount rate."}
{"_id": "532142", "title": "", "text": "Patents yes. The machines, devices, component staging, and manufacturing processes are not.    An immense amount of planning, foresight, troubleshooting skills, and other manufacturing challenges are not patented. Tesla already has paid the bill for that and went thru the growing pains of complex manufacturing.    China gets ALL of that for free.  Hell, just seeing a photo of the inside of a plant or the layout could benefit the competition."}
{"_id": "532152", "title": "", "text": "Costco only builds in areas with enough people that have a high enough average income, disposable income and other demographics. If the poor side of KC still meets those requirements, or is close enough to those areas, they will still build there. For example the location they are putting up in the Quad Cities is not right next to the richest area, but close enough.  Try to find a Costco in Western Illinois, or Iowa, as there are two right now.  https://www.google.com/maps/search/Costco/@41.6732793,-90.7208837,7.75z  Walmart has 61 stores in Iowa according to their store search. They have about 100,000 items per store, Costco has 4000.   https://www.cnbc.com/id/47175492  https://www.forbes.com/sites/greatspeculations/2017/02/06/the-key-difference-between-costco-and-walmart/#66036dcb4306  http://www.thedailybeast.com/why-cant-walmart-be-more-like-costco  Different business models mean different strategies, including pay."}
{"_id": "532153", "title": "", "text": "I've been mostly out for a while. My husband and I are worth around $2M. Trade wars, exorbitant rent, tuition debt, unaffordable health care, massive government debt, wealth inequality that's going to explode under Trump, automation, globalization, isolationism, stock market bubble, housing market bubble, lack of real banking reform, record household debt, Republicans controlling all three branches of government.   Take your pick."}
{"_id": "532154", "title": "", "text": "Beyond that, in general, the US can't refine the oil it produces. Fracking played a huge role in expanding production, but most of this is producing natural gas. The big kicker for US production was the anticipation of being able to sell US oil and gas to other countries. So, even if you wanted, it's damn hard to find US made gas."}
{"_id": "532157", "title": "", "text": "A Junior ISA might be one option if you are eligible do you have a CTF? (child trust fund) though the rules are changing shortly to allow those with CTF's to move to a junior ISA. JISA are yielding about 3.5% at the moment  Or as you are so young you could invest in one or two of the big Generalist Investment trusts (Wittan, Lowland) - you might need an adult open this and it would be held via a trust for you.  Or thinking really far ahead you could start a pension with say 50% of the lumpsum"}
{"_id": "532171", "title": "", "text": "\"An important thing that many people fail to realize is that the number of shares outstanding in a stock, times the current market price of those shares, does not represent anything related to the total value of those shares.  If a company has one million shares outstanding and its total value is $10 million, then the real worth of each share is $10.  If few people feels like buying or selling, but a few people think the company is worth $50 million and offer $50/share, that could raise the market price to $50/share, but it wouldn't mean that the company became worth five times as much; it would merely mean the stock was overpriced. If, after the price went to $50/share, all the owners of the stock put in stop-loss orders at $45.  Note that the real $10/share \"\"real value\"\" of their stock would never have changed.  If the people who thought the stock was worth $50 decided to get out of the market, and nobody else was willing to offer more than $10, that would instantly drop the price to $10.  The fact that a million shares of stock have stop-loss orders at $45 wouldn't magically generate buyers for those stocks at that price.  Indeed, unchecked stop-loss orders would have the reverse effect, since many people who would have been willing if not eager to buy the stock if it had been available for less than $10/share would instead be trying to sell it below that price. It's too bad people think that the number of shares outstanding times the current market price represents some kind of \"\"meaningful quantity\"\".  If the present cash value of all future payouts associated with a share of stock is $10, then someone who buys a share of stock for less than that makes money off the seller; someone who pays more loses money to the seller.  Many people think they can lose money to the seller and still come out okay if the price goes higher, but what that really means is that they're hoping to find a bigger sucker--a game where it's guaranteed that some people will have losses they don't recoup.\""}
{"_id": "532178", "title": "", "text": "\"It's almost like why don't you wake up in the morning feeling exactly like you slept the earlier night? yeah, once in a while that'll happen, but it's not designed to be that way. Stuff happens. The close of the stock is what happened at 4 PM (for US stocks). The \"\"open\"\" is simply the first price ever, or an open price auction like NimChimpsky said. Most things that trade have an open/close cycle, even what seemingly trades all the time (some markets trade 23 hours). Forex trades in different exchanges which have overlapping timing but each market will have an open, high, low and close for each day - for what is the same underlying currency. Also, it's not exactly true that close<>open. Take the GS chart, Oct 1 2010 and Oct 4 2010 (there was a weekend in between). The Oct 1 close was the same as the Oct 4 open. Note that Oct 4 was a down day so it's in red - the open is the upper end of the body (not including the wick), and Oct 1 was an up day so its close was the upper end too. (Candles are drawn so that the open ends of the wicks are the High and Low of the period respectively, and the lower end of the body is the open if it was an up-day, meaning the stock closed higher than it opened, and the body in coloured green below. If the stock went down that day from the open, the body's in red and the lower end is the close. Vice-versa for the other end)  The way to get to this: Go to yahoo finance, choose a stock, go to historical prices, click download data (you should have about 10 years of data), paste into excel, insert a formula to check if prev day's close = current day's open, and I'm sure you'll see at least one instance per stock.\""}
{"_id": "532179", "title": "", "text": "A CDIC-insured high-interest savings bank account is both safe and liquid (i.e. you can withdraw your money at any time.)  At present time, you could earn interest of ~1.35% per year, if you shop around. If you are willing to truly lock in for 2 years minimum, rates go up slightly, but perhaps not enough to warrant loss of liquidity. Look at GIC rates to get an idea. Any other investments \u2013 such as mutual funds, stocks, index funds, ETFs, etc. \u2013 are generally not consistent with your stated risk objective and time frame. Better returns are generally only possible if you accept the risk of loss of capital, or lock in for longer time periods."}
{"_id": "532181", "title": "", "text": "The toy retailer Toys R Us may be on the brink of filing for bankruptcy.  It's one of several options the chain is considering to pay down $5 billion in debt it owes as a result of a leveraged buyout in 2005, according to The Wall Street Journal.  And a filing could come as soon as this week, according to a new report from CNBC's Lauren Hirsch.  The chain's trio of owners \u2014 the private-equity firms Kohlberg Kravis Roberts and Bain Capital Partners and the real-estate investment trust Vornado Realty Trust \u2014 bought the company in a deal worth $6.6 billion, taking it private.  CNBC previously reported that the chain had hired the law firm Kirkland &amp; Ellis LLP, and that it was exploring options to take care of its debt and working with its creditors to stave off filing for Chapter 11 bankruptcy protection.  Chapter 11 protection would allow the company to restructure $400 million in debt due in 2018 then renegotiate the rest, according to CNBC.  The debt crisis looms at a critical time for the toy seller. Toys R Us last year made 40% of its sales in the fourth quarter, thanks to holiday shopping. Vendors are feeling increasingly anxious about the chain's ability to pay down its debts, according to the reports, which could lead to a shortage of toys to stock its shelves and further exacerbate the issue.  Toys R Us has also struggled as it increasingly competes with online retailers in its two main businesses: baby goods and toys.  A Toys R Us representative did not immediately respond to a request for comment."}
{"_id": "532207", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Trump Is Expected to Name Jerome Powell as Next Fed Chairman](https://www.reddit.com/r/politics/comments/79pzyh/trump_is_expected_to_name_jerome_powell_as_next/) on /r/politics with 8 karma (created at 2017-10-31 03:17:20 by /u/blowmeagainmods)  * [Trump Is Expected to Name Jerome Powell as Next Fed Chairman](https://www.reddit.com/r/Economics/comments/79q2xk/trump_is_expected_to_name_jerome_powell_as_next/) on /r/Economics with 24 karma (created at 2017-10-31 03:29:21 by /u/pipsdontsqueak)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "532211", "title": "", "text": "The reality that the share price did not move shows that there is nothing nefarious going on.  It is most likely some mutual fund offloading their position to another fund.   You can commonly see the play out at market openings if you have access to level II data.  You will see a big block sitting on both sides of the same bid/ask.  If you put in a higher bid (or vice versa) the two positions will move to match yours.  And when the market opens their trade will be transacted BEFORE yours, even though you are thinking ... 'well I put in my bid first'.  Obviously they have agreed to swap and agreed to use whatever value the market decides."}
{"_id": "532212", "title": "", "text": "I agree, the crux of the problem is not Wal-mart or companies like them, but the unethicalness of the laws they follow, and, those laws most likely were put in place by politicians who were put into office by large rich corporations, like Wal-mart, who funded these politicians campaigns to get them elected, so they could pass these laws.   Ain't America great?  Now we have Super-PACs.  Wheeee!"}
{"_id": "532219", "title": "", "text": "A few things, Japan controls their currency and the Japanese had/have a high savings rate which allows them to afford this kind of spending. When you look at places like Greece they don't have any savings and can't control their currency so their problems are far worse."}
{"_id": "532225", "title": "", "text": "\"Lotteries are like the inverse of insurance policies. Instead of paying money to mitigate the impact of an unlikely event which is extremely negative, you are paying money to obtain a chance of experiencing an unlikely event which is extremely positive. One thing to keep in mind regarding lotteries is the diminishing marginal utility of money. If you know you'll never use more than say $100 million in your entire life, no matter how much money you might acquire, then buying tickets for lotteries where the grand prize is over $100 million stops being increasingly \"\"worth the price of entry\"\". Personally, I'd rather play a lottery where the grand prize is sub-100 million, and where there are no prizes which are sub-1 million, because I do not believe that any other amounts of winnings are going to be life-changing for me in a way that I am likely to fully appreciate.\""}
{"_id": "532243", "title": "", "text": "\"It is amazing to me how \"\"middle class\"\" can spend *hundreds* of thousands of dollars and not spend even a few thousand to get some real advice. Sorry, I no longer have rose glasses for middle class yuppies, who couldn't even figure out how to raise their own children to get jobs, and in fact actively worked against their children.  And overdraft fee is incredibly simplistic, especially now that you can instantly see your balance from your smartphone. From a technical standpoint, how much simpler do we have to make it before we realize that it actually is their fault for spending money they don't have?\""}
{"_id": "532259", "title": "", "text": "Can I transfer these money to India in my saving account? What will be tax implication to me? Yes you can. Whether you transfer to India or not does not change your tax obligation. If I understand correctly you are being paid an allowance in UK to cover your expense. If you are saving; then the saving portion is treated as income and you have to self declare this and pay tax according to you tax bracket. Can I transfer these money to my wife's account as a gift? What will be tax implication to me and my wife? There is no tax obligation to your wife. The tax obligation remain same to you as in first point. What if i transfer these money as loan refund to my friend? What will be tax implication for these to me and my friend? If there is proper paper trial to show your friend loaned you a sum at zero percentage and you have paid back; amounts are not to large; then there is no tax obligation to your friend. The tax obligation remains same to you as in point 1."}
{"_id": "532260", "title": "", "text": "Yes, there's a difference. If you've borrowed $100, then under inflation your salary will (presumably) increase, and tomorrow your debt will only be worth $99. But under demurrage, you'll still owe $100."}
{"_id": "532262", "title": "", "text": "Let's say you own a store, and you are looking to hire a front-counter person.  You'll be leaving this person alone with the cash register on a regular basis, so you want someone trustworthy.  You have two candidates: Bob has never stolen from a cash register in his life.  He has spent the last three years working a job where his employer regularly leaves him alone with the cash register. Ann has never stolen from a cash register in her life.  She has never had a job where she was left alone with a cash register. All else being equal, Bob is the slightly safer choice because he's had more opportunities to fail and hasn't, while Ann is a more unknown quantity. By the same token, a person who regularly borrows money and pays it back is somewhat safer to loan money to than someone who's never borrowed money before, simply because the latter is a more unknown quantity."}
{"_id": "532263", "title": "", "text": "Uhm, you *do* realize that they are distributed for free in a number of places, right? It hasn't reduced the rate of single motherhood afaik.  And even if they weren't already distributed for free, can poor people really not afford $0.50 for a condom?  What is $0.50 when compared to the cost of raising a child?  Not to mention STD's...  Would *you* play Russian Roulette?  All the evidence supports my position. What evidence supports yours? Wishful thinking?"}
{"_id": "532269", "title": "", "text": "That's not 100% correct, as some leveraged vehicles choose to re-balance on a monthly basis making them less risky (but still risky).  If I'm not mistaken the former oil ETN 'DXO' was a monthly re-balance before it was shut down by the 'man' Monthly leveraged vehicles will still suffer slippage, not saying they won't.  But instead of re-balancing 250 times per year, they do it 12 times.   In my book less iterations equals less decay. Basically you'll bleed, just not as much.  I'd only swing trade something like this in a retirement account where I'd be prohibited from trading options. Seems like you can get higher leverage with less risk trading options, plus if you traded LEAPS, you could choose to re-balance only once per year."}
{"_id": "532291", "title": "", "text": "Una de las grandes preguntas que se hacen los inversores y ahorradores en estos momentos es cu\u00e1nto tiempo durar\u00e1 est\u00e1 \u00e9poca caracterizada por el reducido inter\u00e9s del dinero, baja rentabilidad de los dep\u00f3sitos e incluso deflaci\u00f3n en determinados sectores \u00a1Inf\u00f3rmate!"}
{"_id": "532293", "title": "", "text": "Role clarity, or lack of it, is especially relevant in joint venture projects, integrated project teams and is most common in collaborative proposal teams. Lack of role clarity is where team members are unsure of their day to day roles and responsibilities, the objectives of the proposals, their level of authority for spending or directing others and the formal reporting structures."}
{"_id": "532318", "title": "", "text": "I read an amazing article on whenyou should take early and when you should wait. It really depends on your situation, but this article prodives information as well as examples. Hope it helps! http://customsites.yahoo.com/financiallyfit/finance/article-108227-3275-5-boost-your-social-security-benefits"}
{"_id": "532322", "title": "", "text": "This cleanly illustrates the problem, but it leaves off with only a vague gesture at change. This mechanism is built into the capitalist system itself.  I've been exploring an alternative economic architecture, the ideal of karmic economics. See http://unmoney.us/action"}
{"_id": "532346", "title": "", "text": "\"GMO isn't the issue. \"\"Natural\"\" is the issue. They need a functional emulsifier that qualifies as \"\"natural,\"\" and that's hard to find, at least at an affordable price. Basically, sodium citrate, but \"\"naturally\"\" sourced.  I don't think there are any GMO ingredients in queso anyway.\""}
{"_id": "532362", "title": "", "text": "For ankle and foot problems, you need to visit Preferred Foot and Ankle Specialists. Recommending Dr. Mikkel Jarman, DPM, Podiatrist Gilbert AZ. Call 480 497-3946 or PreferredFootAnkle.com. He is considered one of the best Foot Doctors Gilbert AZ and offers gentle relief."}
{"_id": "532379", "title": "", "text": "&gt; This information isn't guarded behind lock and key at the country club's secret library.  True but also not guarded is proof of global warming, evolution, and the non-existence of ghosts yet many people hold on to their misconceptions. Part of the reason is that people profit on these misunderstandings like oil companies, religion, or Hollywood.  Communication isn't achieved just by making the right information available.  The truth needs to be presented in a way that breaks through all the noise."}
{"_id": "532381", "title": "", "text": "\"Everything is worth what its purchaser will pay for it. --Publilius Syrus. Gold has value because people want to buy it.  Electronics manufacturers like the fact that it's conductive.  Jewellers like that its shiny.  Glenn Beck likes that he's selling it and his audience will buy it. Proponents of gold claim that it has \"\"real\"\" value, as opposed to fiat currency (which has no commodity backing).  Opponents of gold claim that all wealth is illusory, and that gold has no more inherent value than the paper we use now.  I'm inclined to agree with the latter (money is only money because we agree that it is, and the underlying material is meaningless), however the issue is hotly debated.\""}
{"_id": "532395", "title": "", "text": "Fidelity recently had an article on their website about deferred annuities (variable and fixed) that don't have the contribution limitations of an IRA, are a tax-deferred investment, and can be turned into a future income stream. I just started investigating this for myself. DISCLAIMER: I'm not a financial professional, and would suggest that you consult with a fee-only planner and tax advisor before making any decision."}
{"_id": "532414", "title": "", "text": "Scenario A: get a $60 tank of gas once a month, immediately pay it off when I get home  Scenario B: Spend about $300 in $25-$50 increments throughout the month on things like groceries, food, gas, etc, but immediately pay it off every time  Would my credit get better and/or faster in Scenario B due to the more use?"}
{"_id": "532430", "title": "", "text": "In India, where I live, you can: In addition, housing loans are given priority status as well - bank capital requirements on housing loans is lower than for, say, a corporate loan or a loan against other kinds of collateral. That makes housing loans cheaper as well - you get a home loan at around 10% in India versus 15% against most other assets, and since you can deduct it against tax, the effective interest rate is even lower.  Housing in India is unaffordable too, if you're wondering. In a suburb 40 Km away from Delhi, a 2000 sq. foot apartment, about 1500 sq. ft. of carpet area, with no appliances costs about USD 250,000."}
{"_id": "532448", "title": "", "text": "&gt; There was a reason it went out of business in 2013  Which had just as much to do with executives raiding the pension, which lead to the company unable to meet it's financial obligations - as it did with the lower demand for twinkies."}
{"_id": "532462", "title": "", "text": "Yep we tried that last year. The only one who was not extortionate could not clear the item through U.S customs,  so our Client had to hire a broker to do this, which was a hassle.   I have also been in touch with companies who offer freight,  warehousing and distribution. Idea was to ship over ten units at a time in a shipping container, store in warehouse and the instruct distribution as the orders came in. After all the calculations it only worked out about $40 cheaper than sending them one by one stright to customers. With each shed costing around $800 to ship!   I found that one air fright carrier did have the solution we needed, and good rates, who I am using next week.  They have had a change of policy recently though and will not deliver to residential addresses going forward. So now I am back at square one..."}
{"_id": "532468", "title": "", "text": "I see, I'm not familiar with how the US works but I had always assumed that ratings agencies existed to audit firms and actually had some legal authority.  If the issue comes from legal grey areas though, isn't it still fair to assume that better regulation would fix the issue? Why wouldn't giving ratings agencies protection in the way of government funding, and actual authority over firms, fix the issue?   I just feel like CDOs are an interesting security and I don't know why, as long as fixed income securities are being accurately represented, that they wouldn't be a viable investment choice.   Edit: also please note, I am but a lowly final year university student so bear with me if I don't make sense. I'm just trying to understand this whole concept and lord knows fixed income isn't my strong suit."}
{"_id": "532483", "title": "", "text": "\"&gt;The complaint claims the manager asked Wolfe if he would \"\"have a problem\"\" coming to work early, without pay, to attend Bible study.  That's kinda hostile but also a violation of labor law if it's expected by the employer\""}
{"_id": "532485", "title": "", "text": "\"How often do investors really lose money? All the time. And it's almost always reason number 1. Let's start with the beginner investor, the person most likely to make some real losses and feel they've \"\"learned\"\" that investing is no better than Vegas. This person typically gets into it because they've been given a hot stock tip, or because they've received a windfall, decided to give this investing lark a try, and bought stock in half a dozen companies whose names they know from their everyday lives (\"\"I own a bit of Google! How cool is that?\"\"). These are people who don't understand the cyclic nature of the market (bear gives way to bull gives way to bear, and on and on), and so when they suddenly see that what was $1000 is now $900 they panic and sell everything. Especially as all the pundits are declaring the end of the world (they always do). Until the moment they sold, they only had paper losses. But they crystallised those losses, made them real, and ended at a loss. Then there's the trend-follower. These are people who don't necessarily hit a bear market, or even a downturn, in their early days, but never really try to learn how the market works in any real sense. They jump into every hot stock, then panic and sell out of anything that starts to go the wrong way. Both of these reactive behaviours seem reasonable in the moment (\"\"It's gone up 15% in the past week? Buy buy buy!\"\" and \"\"I've lost 10% this month on that thing? Get rid of it before I lose any more!\"\"), but they work out over time to lots of buying high and selling low, the very opposite of what you want to do. Then there's the day-trader. These are people who sit in their home office, buying and selling all day to try and make lots of little gains that add up to a lot. The reason these people don't do well in the long run is slightly different to the other examples. First, fees. Yes, most platforms offer a discount for \"\"frequent traders\"\", but it still ain't free. Second, they're peewees playing in the big leagues. Of course there are exceptions who make out like bandits, but day traders are playing a different game than the people I'd call investors. That game, unlike buy-and-hold investing, is much more like gambling, and day-traders are the enthusiastic amateurs sitting down at a table with professional poker players \u2013 institutional investors and the computers and research departments that work for them. Even buy-and-hold investors, even the more sophisticated ones, can easily realise losses on a given stock. You say you should just hold on to a stock until it goes back up, but if it goes low enough, it could take a decade or more to even just break even again. More savvy stock-pickers will have a system worked out, something like \"\"ok, if it gets down to 90% of what I bought it for, I cut my losses and sell.\"\" This is actually a sensible precaution, because defining hard rules like that helps\u200b you eliminate emotion from your investing, which is incredibly important if you want to avoid becoming the trend-follower above. It's still a loss, but it's a calculated one, and hopefully over time the exception rather than the rule. There are probably as many other ways to lose money as there are people investing, but I think I've given you a taste. The key to avoiding such things is understanding the psychology of investing, and defining the rules that you'll follow no matter what (as in that last example). Or just go learn about index investing. That's what I did.\""}
{"_id": "532490", "title": "", "text": "Wow 35% I never realized that the American corporate tax rate was so high.  In my province in Saskatchewan Canada I pay 13%(as the owner of a small corporate business).  It's no wonder American corporations want to move.   Does it not make more sense to lower the corporate tax rate while reducing loop holes etc... to make the American corporation more competitive.  Just my 2c"}
{"_id": "532496", "title": "", "text": "I think the point is that it's more than just loss leaders, unless I missed that in the article.  Amazon can afford to take a loss across the board and can do so forever as long as the rest of their business holds up.  IMO, this is in retaliation for Walmart aiming at Amazon's online retail and AWS."}
{"_id": "532498", "title": "", "text": "I don't hate Apple. I own an iPhone and I'm looking to buy a Mac Mini because they are great products. I do hate Maps though, because it was poorly designed and executed.  Firing the guy responsible is a knee-jerk reaction to poor product design. Upper management should have demanded that Maps should be as good if not better than what was in place (Google Maps) before release. It seemed like the development of Maps was rushed and not well-thought-out, and now iPhone owners are paying the price for that. Apple still had a year left with their contract with Google - maybe they could have used that year for testing and design modifications before releasing Maps with iOS 6."}
{"_id": "532505", "title": "", "text": "Actually not with this company it's not a regular temp to hire gig like with administrative or whatever. It's literally all temp work.  If our regular dental hygienist was out sick we can call the temp agency and they send a temp over. They never do temp-to-hire. So it is quite a bit different."}
{"_id": "532514", "title": "", "text": "Security companies employing the same people who are currently police or military. Your property is your castle, and you'd only go to other properties that have rules that you consent to follow. Roads, naturally, would have the most lenient rules since their shareholders want as many normal people to use them as possible. The difference from today is that the government sets up a monopoly of law that everyone must follow, even though populations differ.  Rather than everyone fight to control the monopoly who sets up the rules, we each have our own rules and competing security companies who may charge different prices based on what level of rule precision they must enforce (such as a basic tier of policing violence, theft... higher tier for policing the sort of things that HOAs enforce today).  Basically, if you want extra rules that aren't necessary and not very popular, you pay for that. In this way, most people would be ok with not policing people who do victimless behaviors such as casual nudity or possession of dried plant life (drugs).  In this system, trust and history matter. A company who changed its name suddenly becomes brand new, and therefore untested and with no history. It must start at the bottom of the trust ladder. Brands are valuable precisely because they exhibit a history of the company. You know Kellogg's cereal, or Toyota cars, or Apple computers are quality. People regulate the market, that's the point. The government is a monopoly, so we customers don't have control... 1 vote every few years is much less than having 10 votes every day (free market voting with our money)."}
{"_id": "532515", "title": "", "text": "Interest payments You can make loans to people and collect interest."}
{"_id": "532516", "title": "", "text": "&gt;Women went into the workforce because the cost of living was going up faster than wages  Women went into the workforce because the social pressure to not do so lessened, and the value they placed on the wages for their labor (factoring in the cost of violating any social norms for working) now exceeded that of the value they received from not having to work; this had generally not been the case a hundred years ago."}
{"_id": "532539", "title": "", "text": "This. Everyone knows it is impossible for more than a handful of VERY well-funded hedge funds to actually run computerized trading operations that actually outperform the market significantly, and then that advantage is very difficult to defend.  Any hedge fund that just depends on traders that outperforms consistently is very likely to be cheating."}
{"_id": "532559", "title": "", "text": "It may be that marijuana should be removed from the test but it is still illegal in our state and like was already mentioned, not testing for it and someone has an accident leaves room for the company to be blamed for being negligent. Not trying to say marijuana would be the cause but would be hard to argue in court and even then that would mean probably going to court at all."}
{"_id": "532560", "title": "", "text": "It sounds like you are in great shape, congratulations! Things I would think about in your position: Consider putting 20% down instead of 30% and find a great house that has a key missing modernization, like a kitchen. Then replace the kitchen, which if done right can instantly add that 10% (or more) right back in equity... or stick to your plan... You have earned the luxury of taking your time and doing what's right for you. Think real carefully about location. Here are some ideas based on my experience."}
{"_id": "532582", "title": "", "text": "The restaurant business in particular is very difficult; a whole bunch of them fail in the first year. And it tends to be expensive to get into; I saw $250K as an average to get a space up and open."}
{"_id": "532598", "title": "", "text": "HSA's are one of the few accounts where the money is both tax free going in and coming out. For long term savings, the only account that might beat that is a 401(k) with an employer match. Unlike an FSA, the money can stay in the account indefinitely. You can also use the money to pay medical insurance premiums once you separate from the employer. An HSA combines the best features of a FSA, Roth account, and IRA/401(k) account. As such I think there is rarely a reason not to max one out, and in fact I think it is worth it to go out of your way to get access to one. There are some drawbacks, of course. If you don't use the money for medical expenses, it may be taxed and perhaps penalized. Getting access to one can be tricky (you have to be covered by an HDHP, but not by a non-HDHP, nor by an FSA). The low contribution limits make it hard to build up a large balance. Many providers charge a monthly fee of $1 to $4 if you want to invest the balance (small, but it adds up, especially given the low balance per previous sentence)."}
{"_id": "532599", "title": "", "text": "The two answers so far are right, but there's a third factor - for many stocks, there's after hours trading. So the official 4PM close is not what the stock's last trade was when they open again. Regardless, even that after hour price is not the starting point as Muro points out."}
{"_id": "532609", "title": "", "text": "Buy a car. Unless you definitely know you are living in the area for a good long time, avoid buying a house and get a car instead."}
{"_id": "532616", "title": "", "text": "At this time, Google Finance doesn't support historical return or dividend data, only share prices.  The attributes for mutual funds such as return52 are only available as real-time data, not historical.   Yahoo also does not appear to offer market return data including dividends. For example, the S&P 500 index does not account for dividends--the S&P ^SPXTR index does, but is unavailable through Yahoo Finance."}
{"_id": "532629", "title": "", "text": "A simplistic answer would be that it's a multiplier on how much money per paycheck to subtract from your tax withholding (taxes per paycheck), then at the end of the year you will have paid taxes on your income minus the amount of your withholding allowances. If you get a decent (roughly 3% or more of your gross annual salary) refund you are letting the government withhold too much (and should increase your allowances), if you have to pay a decent amount of taxes at the end of the year then the amount withheld is not high enough (and should decrease your allowances).  I definitely recommend using the calculator that Stephen Cleary mentions, but I think it's just as easy to adjust it up or down by 1 or 2 each year based on whether you got a large refund, no refund, or paid taxes. If you are disciplined with your money many experts advise to increase withholding allowances, save the extra in a safe short term interest account so that you earn money on your money and not the government."}
{"_id": "532635", "title": "", "text": "How much does it cost to pay for the guys that have to clean and maintain these things. The cleaners may be cheap but the guy doing the fixing won't be?  I've been on food production lines when I was a student. The automation was failing often because food tend to be squishy, oozing stuff and so on."}
{"_id": "532636", "title": "", "text": "Co-Pays. I know, with good medical, that's just $10-$20. Acupuncture, Chiropractic Care (if not paid by your plan) Eye Exam, often not covered so well.  Eye Glasses. Often far higher than the plan pays. Over the counter drugs (update - starting 2011 these can only be reimbursed if they are prescribed, probably more trouble than it's worth), cold medicine, band-aids, ace bandages, heating pad. Birth control (condoms, foam, sponges, if you are worthy)  Any of those work for you? Note, regulations permit the FSA administrator to allow up to $500 to rollover to the next year, check if your plan permits this."}
{"_id": "532656", "title": "", "text": "File a 2nd amended return that corrects the mistake I made on the 1st amended return This. Pay the $500 before April 27th and try to get it back later This."}
{"_id": "532657", "title": "", "text": "\"To keep it simple, I will keep the focus between a Trad IRA and a normal Taxable account (Roth's and 401(k) add more complications that make another problem).  I will also assume, based on the question, that you aren't able to deduct the IRA contributions. Also, a Roth is better in every way than a non-deductible Trad IRA so the \"\"backdoor Roth\"\" mentioned in other answers is probably the way to go and this is more of an academic exercise.  Ok, so why bother with the IRA if you're taxed anyway?  Because you aren't taxed as you go! With a normal non-tax-advantaged account you have to pay taxes every year on any realized capital gains and dividends (including fund distributions). Because of the compounding nature of savings, delaying paying taxes is in your best interest.  Simple example:  Taxable Account: IRA Account: Now, this is a very simplified example. If you're more tax-conscious (i.e. more buy-and-holding), you can delay paying some of the long-term cap gains in the taxable account, but any short-term cap gains (including distributions from the underlying funds) will be at your marginal income tax rate.  A few other observations: EDIT: I set up a spreadsheet where each year I deposited $1000 for 35 years. Each year, the balance in the IRA account grows by 5%, but the taxable only by 5%*(1-0.15) = 4.25% due to the effect of taxes. At the end of 35 years, my simulation assumes you pay 15% on all the gains in the IRA, which would likely not be the case, but easier than forecasting through retirement and demonstrates what I'm trying to show. Here's plot showing the balance in the various accounts, the blue is the IRA account, orange the taxable account, and grey is the effective balance of the IRA, after paying taxes on the gains:   And here's a plot of the advantage of the IRA (after paying taxes on the gains), vs the taxable account:  Whether that's worth it to you or anyone depends on some the assumptions in the simulation, especially effective tax rates, and growth rates, as well as any personal issues. Some people may be less likely to raid an IRA account, for example, than a normal account. Conversely, if you have a project coming up, you may need something a bit more liquid than an IRA.\""}
{"_id": "532658", "title": "", "text": "One of the problems is that its being marketed at a growth stock.  When Facebook has 900 million users, there isn't exactly a lot of growth left.  The only thing they can do is try to squeeze more money out of their existing user base, which won't be easy to do for people not generally interested in clicking ads or paying for things.  Facebook as a company will continue to do well for a long long time.  It's good they aren't really dependent on the money their stock brings them.  I wouldn't be surprised to see the stock settle around $18-$22ish, even though it probably should technically settle in the $13-15 range."}
{"_id": "532660", "title": "", "text": "I have found that using the online version can help determine the correct product.  Try Deluxe online, you can upload the data from last year. When you get to the key forms see what happens if you don't switch.  Then switch to Premiere. Compare the results."}
{"_id": "532667", "title": "", "text": "\"The house that sells for $200,000 might rent for a range of monthly numbers. 3% would be $6000/yr or $500/mo. This is absurdly low, and favors renting, not buying. 9% is $1500/mo in which case buying the house to live in or rent out (as a landlord) is the better choice. At this level \"\"paying rent\"\" should be avoided.  I'm simply explaining the author's view, not advocating it.  A quote from the article -  annual rent / purchase price = 3% means do not buy, prices are too   high annual rent / purchase price = 6% means borderline annual rent / purchase price = 9% means ok to buy, prices are   reasonable Edit to respond to Chuck's comment - Mortgage rates for qualified applicants are pretty tight from low to high, the 30 year is about 4.4% and the 15, 3.45%. Of course, a number of factors might mean paying more, but this is the average rate. And it changes over time. But the rent and purchase price in a given area will be different. Very different based on location. See what you'd pay for 2000 sq feet in Manhattan vs a nice town in the Mid-West. One can imagine a 'heat' map, when an area might show an $800 rent on a house selling for $40,000 as a \"\"4.16\"\" (The home price divided by annual rent) and another area as a \"\"20\"\", where the $200K house might rent for $1667/mo. It's not homogeneous through the US. As I said, I'm not taking a position, just discussing how the author formulated his approach. The author makes some assertions that can be debatable, e.g. that low rates are a bad time to buy because they already pushed the price too high. In my opinion, the US has had the crash, but the rates are still low. Buying is a personal decision, and the own/rent ratios are only one tool to be added to a list of factors in making the decision.  Of course the article, as written, does the math based on the rates at time of publication (4%/30years). And the ratio of income to mortgage one can afford is tied to the current rate. The $60K couple, at 4%, can afford just over a $260K mortgage, but at 6%, $208K, and 8%, $170K. The struggle isn't with the payment, but the downpayment.   The analysis isn't too different for a purchase to invest. If the rent exceeds 1% of the home price, an investor should be able to turn a profit after expenses.\""}
{"_id": "532669", "title": "", "text": "I defaulted on my federal loans, as have over 8 million others. I have a ton of money in savings from not having paid the loans for several years. I work for myself, so all they can do is make calls asking me to sign up for their payment plans."}
{"_id": "532672", "title": "", "text": "Magazines like SmartMoney often have an annual issue that reviews brokers. One broker may have a wider variety of no-fee mutual funds, and if that's your priority, then the stock commissions may be a moot issue for you. In general, you can't go wrong with a Fidelity or Schwab, and to choose investments within the accounts with an eye toward low expenses."}
{"_id": "532705", "title": "", "text": "Why? Like someone else already said they are smart with their money and pay taxes like everyone. Why should they be punished for it? How about you don't file for auto insurance claim if you can afford the repair? Your argument is down right stupid."}
{"_id": "532724", "title": "", "text": "It all depends on the country.  In the US, mobility at the top is reasonably high (ie first generation millionaires, first generation billionaires, etc).      In other western countries, mobility at the top is very poor.  This is typically due to regulation and taxes that make it incredibly difficult for small businesses to be compliant and compete (ie hire a bad employee as a small startup, and it can cripple the business if you cannot easily fire them).     Mobility at the bottom is reversed.   Getting out of abject poverty in the US is incredibly difficult, almost impossible.  In other western countries it is not easy, but far easier than the US thanks to those social safety nets."}
{"_id": "532743", "title": "", "text": "\"The relevant IRS publication is 526, Charitable Contributions. The section titled \"\"Contributions you cannot deduct\"\" begins on page 6; item 4 reads: \"\"The value of your time or services.\"\" I read that to mean that, if the website you built were a product, you could deduct its value. I don't understand the legal distinction between goods and services I originally said that I believe that a website is considered a service. Whether a website is a service or a product appears to be much more controversial that I originally thought. I cannot find a clear answer. I'm told that the IRS has a phone number you can call for rulings on this type of question. I've never had to use it, so I don't know how helpful it is. The best I can come up with is the Instructions for Form 1120s, the table titled \"\"Principal Business Activity Codes,\"\" starting on page 39. That table suggests to me that the IRS defines things based on what type of business you are in. Everything I can find in that table that a website could plausibly fall under has the word \"\"service\"\" in its name. I don't really feel like that's a definitive answer, though.  Almost as an afterthought, if you were able to deduct the value of the website, you would have to subtract off whatever the value of the advertisement is. You said that it's not much, but there's probably a simple way of estimating that.\""}
{"_id": "532750", "title": "", "text": "We provide a well-designed bags at a very affordable price. You just have to know how and where to look for one. Hands free travel bags come with the best quality and style.  It is a very functional unique piece of accessory that you can utilize every day. But even if it is a very important accessory, one need not spend too much on this. Travel bags can also be found in a convertible style, with the clutch that converts to both a tote and a shoulder bag."}
{"_id": "532781", "title": "", "text": "Here's my obligatory contrarian answer... No, the way the note was written, it wouldn't stand up to IRS scrutiny. Libertarians need to get a little more creative if they want to skirt the laws and make up a credible story about why it is a gift: Thanks for chatting with me at dinner tonight, I feel like we're   becoming fast friends. I'm sorry you weren't able to sit down and eat   with me, so here are a few bucks to buy you dinner/dessert when your   shift ends. It's not a tip; your service was lousy! I'm still doubtful that this would stand up to scrutiny, but unlike the note that was left in the picture, it actually does have a chance."}
{"_id": "532784", "title": "", "text": "It is in the interest of private owners, stockholders and boards to ensure long-term viability of companies as well. In the case of stockholders and boards, the current price of the stock has its future earning potential priced into the value of the stock. For example, if Microsoft or Google declared that they were shutting down their big research projects, their stock would tumble. Pharmaceutical and chemical companies also have interest in long term viability. They understand that the projects that they start today will not hit the market for another 10 years. If they go bust, all of that money is wasted."}
{"_id": "532787", "title": "", "text": "\"If you want to be really \"\"financially smart,\"\" buy a used good condition Corolla with cash (if you want to talk about a car that holds re-sale value), quit renting and buy a detached house close to the city a for about $4,000/month (to build equity. It's NYC the house will appreciate in value). Last but not the least, DO NOT get married. Retire at 50, sell the house (now paid after 25-years). Or LEASE a nice brand new car every year and have a good time! You're 25 and single!\""}
{"_id": "532794", "title": "", "text": "\"It's not just a decade worth of saturation, it's several decades.  My mom held on to all of my lego from when I was a kid, and just dumped it all on our kids.  Not that I didn't want it, but one day out of the blue it was literally \"\"take this or I'm throwing it away\"\".  It literally doubled the amount of blocks we had already.  I'm sure this is happening all over the country.\""}
{"_id": "532804", "title": "", "text": "Some credit unions also offer them and support Business banking as well. First Tech Credit Union is a great example. They also have the most security-oriented banking website I've seen to date. https://www.firsttechfed.com/ As a side note I've found that Credit Unions are a MUCH better deal for personal and business banking."}
{"_id": "532813", "title": "", "text": "One of the main advantages is that duplication from a few sources is no longer a vector.  The two big examples, the lesser first, card skimming and breaches like Target's.  The chip essentially generates a unique transaction code, and that is generated inside the chip.  So even if you installed a chip skimmer, you'd have to beat the merchant to using the code, and it would only be good once.  The same is true if you get something like the Target breach.  Instead of a giant dump of card numbers, you get a giant dump of used codes, which aren't very useful for getting money.  Even if the risk of stolen cards goes up, it should be a huge advantage for the banks.   Additionally, a number of the banks are now implementing quick and short term freezes, like the Discover It card app.  You simply click freeze in the app if you aren't sure where your card is, and unfreeze it when you do.  The assumption here is that people are more likely to freeze it and do so sooner than if they have to wait for a new card in the mail.  Theoretically, there's nothing stopping a consumer from keeping the card frozen all the time, and unfreezing it when they walk into a store, except the impracticality of it."}
{"_id": "532823", "title": "", "text": "If the card has a credit limit of more than $6,000, then sure, someone can rack up that much in charges.  Charges on a regular credit card are an unsecured loan, so having the money on deposit isn't necessary. But if what you said is true, your friend has had his identity stolen.  Here are some steps he should take.  Whether you loan him money (or believe him) are separate questions."}
{"_id": "532828", "title": "", "text": "I wish I could up vote your comment more. I think that a lot of people do not understand that kids held minimum wage jobs that paid minimum wages, but adults received more money. At some point kids stopped working as much and adults kept or took over what was traditionally a kids first job. Those first jobs like working at McDonald's were never meant to be the only job a person had."}
{"_id": "532839", "title": "", "text": "OK, so first of all, employers don't set up IRAs.  IRA stands for Individual Retirement Account.  You can set up a personal IRA for yourself, but not for employees.  If that is what you're after, then just set one up for yourself - no special rules there for self employment. As far as setting up a 401(k), I'd suggest checking with benefits management companies.  If you're small, you probably don't have an HR department, so managing a 401(k) yourself would likely be overly burdensome.  Outsourcing this to a company which handles HR for you (maybe running payroll, etc. also), would be the best option.  Barring that, I'd try calling a large financial institution (Schwab, Fidelity, etc.) for clear guidance."}
{"_id": "532852", "title": "", "text": "If you look over the last few years, renewables have been 50%+ of new generation in the US.  Nat Gas has been the other half.  So coal is getting pushed out by both.  It's not just gas, even though it has s larger installed base."}
{"_id": "532866", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-01/payrolls-in-u-s-rise-by-156-000-wages-also-below-forecasts) reduced by 83%. (I'm a bot) ***** &gt; The U.S. economy added fewer employees than expected in August, the jobless rate rose and wages climbed less than forecast, in a break from otherwise solid progress in the labor market.  &gt; The Labor Department data are based on surveys that reflect payrolls and Americans&amp;#039; work status for the week that includes the 12th of the month.  &gt; The payrolls figure is a &amp;quot;Decent number, in line with a labor market that&amp;#039;s gradually maturing,&amp;quot; said Greg Daco, chief U.S. economist at Oxford Economics, who projected a 160,000 increase.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xfbbh/payrolls_in_us_rise_156000/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~202562 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **labor**^#1 **payrolls**^#2 **job**^#3 **rose**^#4 **work**^#5\""}
{"_id": "532888", "title": "", "text": "\"Short answer: Yes. For Federal income tax purposes, you are taxed on your total income, adding up positives and negatives. If business A made, say, $100,000 while business B lost $20,000, then your total income is $80,000, and that's what you'll be taxed on. As @littleadv says, of course any business losses you claim must qualify as business losses under IRS rules. And yes, there are special rules about losses that the IRS considers \"\"passive\"\". If you have wage income in addition to business income, business losses don't offset wage income for social security and medicare tax purposes. You can't get a refund of the social security tax deducted from your paycheck. I don't know if this is relevant to you, but: If you have businesses in different states, each is taxed by that state. For example I have two tiny side businesses, one in Michigan and one in Ohio. Last year the Michigan business made money while the Ohio business lost money. So my federal income was Michigan minus Ohio. My Ohio income was negative so I owed no Ohio income tax. But I couldn't subtract my Ohio losses from my Michigan income for Michigan income tax purposes. Thus, having, say, $10,000 income in Michigan and $10,000 in Ohio would result in lower taxes than $30,000 income in Michigan and a $10,000 loss in Ohio, even though the total income in both cases is the same. And this would be true even if the tax rates in both states were identical.\""}
{"_id": "532901", "title": "", "text": "ya but have you meet regular people?    the average person just wants to punch the clock and get a pay check go home pay with the kids and retire someday.  its a stretch to think they can even try to keep learning.  plus how many over educated people can we as a society even take?  look at all those over qualified Italians and French and Germans.  i totally agree with what you are saying but we as a society do not even offer enough college courses to let people learn new skills."}
{"_id": "532907", "title": "", "text": "PST, or any of the Ultra Short/Long funds aren't actually holding any traditional securities -- just swaps that are betting on the underlying asset. They also don't track the value of the underlying security over time -- just for one day. (And they're not even guaranteed to do that!) IEF is an actual treasury bond fund that holds real-life treasury securities, not swaps. Shorting a fund like IEF is one option, another is to buy options on a fund like IEF. Be very careful investing with ETFs, and don't buy any until you fully read and understand the prospectus. I got burned by an Ultra Long ETF because I didn't do my homework."}
{"_id": "532924", "title": "", "text": "Birthdays are the best day of a kid\u2019s life. They long for it and love to be dazzled and surprised on that special day. Just like their child, parents too experience a similar frenzy as they await their kid\u2019s birthday to make it special. Themed party is one of the most amazing gifts, though with time the option of birthday gift packages are increasing. One of the latest and most surprising birthday parties for girls in Houston and Katy theme is Spa on Wheels!"}
{"_id": "532932", "title": "", "text": "Unless the amounts involved are very small, it is MUCH better to incorporate. First, incorporation gives you limited liability for your acts as an employee. As an individual, you have unlimited liability. Second, incorporating allows you to deduct (for tax purposes) the costs of doing business, including all of your health insurance, most transportation, and some meals. The exception to the rule is if the amounts you are earning are so small that they don't cover the cost of incorporating, accounting fees, etc. (a few hundred, or at most a few thousand dollars)."}
{"_id": "532977", "title": "", "text": "I think the name is so poisonous now that Amazon wouldn't want any part of Best Buy to be tied to their brand. As I posted above, they spent 15+ years screwing people over and treating them like shit. Regardless of maneuvering they're dying because people remember how they were treated and they aren't going back."}
{"_id": "532988", "title": "", "text": "i live in China and you would expect the food prices to be cheap right? they aren't. Cheap groceries you get at the local ethnic markets in the US are WAY cheaper (but slightly better quality than here).  Expensive food that's high quality is either non-existent here or SUPER expensive.  Hands down, almost every good in the US is cheaper than anywhere else in the world, if you want it real and not fake that is."}
{"_id": "532998", "title": "", "text": "Same goes for the microphone. Supposedly there are apps that listen to you speak and then you see ads about whatever it is you were talking about. I want to say that Pinterest is one of them but am not sure.  I don't trust any of that stuff. I can order from Amazon on my phone just fine."}
{"_id": "533026", "title": "", "text": "I work at a large accounting firm. The reason major accounting firms don't have mass layoffs is because the regulatory environment creates a huge demand for accountants. In fact, many of the newer regulations that create this demand are a result of legislators attempting to remedy the problems that caused the financial meltdown in the first place.  It's the same with fields such as medicine. Certain jobs simply have steady demand that isn't impacted in the same way as other jobs during a recession. It doesn't mean there's some sort of malevolent profiteering going on (not that that doesn't happen)."}
{"_id": "533028", "title": "", "text": "I know there are plenty of people who have to deal with the stress and know it isn't pleasant...but it's hard to see how much worse it is as far as stress goes because I have to pay $1950 in rent each month and don't get the option to default and if I do, I don't get to wait for 8 months while the banks get their paperwork in order to evict me.  I want to believe that in the end I will come out ahead but either I've been incredibly smart with my life decisions or incredibly naive..."}
{"_id": "533039", "title": "", "text": "I think the bank is effectively just cheating you out of some money, and you should complain - and learn from it. i do regular wire transfers between different currency countries, and fortunately, the bank's website lets me chose the currency I want to transfer in - but they ask at least five times if I'd not rather have them convert it because it might be sooo much cheaper than having it done by the bank on the other end. This is free money for the banks, and each side would love to get it."}
{"_id": "533042", "title": "", "text": "Well, the headline is kind of true. Open boarders make all developed country labor much cheaper so the trend of the rich getting richer and every other native poorer (especially when considering externalities) would be exacerbated. What makes this article true, for The Economist, is that for The Economist 'The West' means the 'Rich People of The West Who Read The Economist'."}
{"_id": "533052", "title": "", "text": "New Homes in New Jersey --Where do you want to be? Let Re/Max help you find your forever home, or your very first home. Our expert realtors will guide you through the home buying process, home loan process, and help you choose a home that is right for you."}
{"_id": "533075", "title": "", "text": "Assuming the data you're referring to is this line: the difference might be related to the different exchanges on which the stock trades.  FINRA could be listing the reported volume from one exchange, while the NASDAQ data might be listing the volume on all exchanges. This is an important distinction because AAV is a Canadian company that is listed on the Toronto Stock Exchange and the NYSE. The Q at the end of the line stands for NASDAQ, according to FINRA's codebook for those data. My guess is that the FINRA data is only reporting the volume for the NASDAQ exchange and not the total volume for all exchanges (Toronto, NASDAQ, NYSE, etc.) while the data straight from NASDAQ, oddly enough, is reporting the total volume. However, FINRA could also face reporting discrepancies, since it's a regulatory body and therefore might not have the most up-to-date volume data that the various exchanges can access.  I don't know if it's related or not, but looking at the NASDAQ historical data, it looks like the volume on March 6, the day you're asking about, was much lower than the volume in most of the days immediately before or after it. For all I know, something might have happened that day concerning that particular stock or the market as a whole. I don't remember anything in particular, but you never know."}
{"_id": "533083", "title": "", "text": "What you say about the history of clothing is true... but we're not going backwards. Modern society is not going back to having one or two outfits per person, made with local/regionally-produced cloth. What we need, in fact, is MORE cotton sourced from poor countries like Burkina/Cote d'Ivoire/Cameroon/Mali/wherever, and much less tariff protection for inefficient, expensive cotton made in rich countries (ex. USA). That would benefit Western consumers AND developing-country producers."}
{"_id": "533109", "title": "", "text": "Amazon has their amazon fresh project going on in Seattle for the last few years and it's pretty awesome if you don't care about saving money (food is more expensive, not on sale, no coupons, no loyalty card program, etc.).  Not sure if they rolled it out into other cities yet but this will give them the ability to roll out into any areas that already have a whole foods and give them an already in place supply chain.     They will also be able to sell all the whole foods brands though amazon specifically the vitamins / supplements which is a massive money maker for the company.   [2016 annual report from whole foods](http://s21.q4cdn.com/118642233/files/doc_financials/2016/Annual/2016-WFM-Annual-Report.pdf)  * 431 stores,  17,800,00 square feet of store space.   * total sales of $15.7 billion.  Over 5 billion was exclusive / whole food brands and 20% from prepared food/bakery."}
{"_id": "533122", "title": "", "text": "When I last asked a certain large bank in the US (in 2011 or 2012), they didn't offer expiring personal checks. (I think they did offer something like that for business customers.) They also told me that, even if the payee cashes the check a year later and the check bounces, even if it's because I have closed the respective account, he will be able to go to the police and file a report against me for non-payment. (This is what the customer service rep told me on the phone after a bit of prodding, but someone else feel free to improve this answer and fix details or disagree; it's hard to believe and quite outrageous if true.)"}
{"_id": "533127", "title": "", "text": "\"I assert that it's simply not possible for them to place an order that gets ahead of yours (the first step in \"\"sell it back to you at a higher price\"\"). They only know your order was placed after it reaches the exchange and gets filled.\""}
{"_id": "533128", "title": "", "text": "I liked the part where Desloges states she's taking 3 hours of classes on social media... weekly. Wonder what they do there - practice downvoting? Using the @-symbol in a way not related to email? Learn about [10] Guy?"}
{"_id": "533129", "title": "", "text": "All I need to clear the CC debt I\u2019m in is 6k.  I couldn\u2019t work when my baby was post-op and I can\u2019t catch up no matter how I try and I swear to God I\u2019m gonna steal it if I can\u2019t figure out wtf to do soon. I work 50+ hours a week and pick up OT on sundays, and I want to be with my son otherwise but I know if I have to get a second job I could pay this off quicker but I will never see him. I know I failed using the CCs when I had to be home w him but there was no money, that was it. The cards were all zero balance and hadn\u2019t been used in over two years but I didn\u2019t know what else to do when he was sick. It kept us afloat. I\u2019m back at work, we live modestly - are there people in the world who just meet people and realize they\u2019re decent human beings and just give them money to be nice and help them out? No strings attached?"}
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{"_id": "533132", "title": "", "text": "\"All else being equal, you should look for more volatile (riskier) stocks. Technically, it was all time value - the entire value of an \"\"out of the money\"\" option is time value.   What's confusing is that time value is affected by numerous variables, only one of which is time. The reason volatility is the one to look at is that all the rest are likely already intuitive to you, or are too minor an influence to worry about: Current risk-free interest rates and a stock's dividend payout during the life of the option affect the value of the call, but are usually minor infulences.   (Higher interest rates makes call values higher, and higher dividend yield makes call values lower.) Longer time to expiration will increase the value of the call, but you're pretty likely already focused on that. The strike price's proximity to the current price affects the call's value - agreeing to sell a stock 5% above current levels will pay more than agreeing to sell it 10% above current levels - but again, this is likely obvious to you. Volatility, or the percent by which the stock is likely to move up or down on a given day, is almost certainly the variable that's not already obvious. Stocks that jump all over the place have higher volatility than those that move more predictably.     The reason that options (calls and puts) cost more on higher volatility names is that options' payout is asymmetrical.  In the case of calls, the option holder gets all the upside, but none of the downside, other than what they paid for the opotion.     If one stock goes up or down $5 every day, and another goes up or down $20 every day and you could pay some fixed amount to get that stock's upside, but not have any exposure to its downside, other than that fixed amount, you'd pay more for the one that pays you $20 or $0 than you would for the one that pays you $5 or $0.    That's why higher volatility (meaning larger daily moves) makes optimum prices higher.\""}
{"_id": "533140", "title": "", "text": "If you don't have a good knowledge of finance, maybe you should not put too much money in individual stocks. But if you really want to invest, you can just compare the rate of return of the most known stocks available to you (like the one from the S&P for the US). The rate of return is very simple to compute, it's 100*dividend/share price. For example a company with a current share price of 50.12 USD that delivered a dividend of 1.26 USD last year would have a rate of return of 100 * 1.26/50.12= 2.51% Now if you only invest in the most known stocks, since they are already covered by nearly all financial institutions and analysts: If you are looking for lower risk dividend companies, take a sample of companies and invest those with the lowest rates of return (but avoid extreme values). Of course since the stock prices are changing all the time, you have to compare them with a price taken at the same time (like the closing price of a specific day) and for the dividend, they can be on several basis (yearly, quartely, etc..) so you have to be sure to take the same basis. You can also find the P/E ratio which is the opposite indicator (= share price/dividend) so an higher P/E ratio means a lower risk. Most of the time you can find the P/E ratio or the rate of return already computed on specialized website or brokers."}
{"_id": "533185", "title": "", "text": "this article talks about the good and bad sides of purchasing and leasing business equipment. hope you can share this piece with all your friends, most especially with small business owners who are looking for methods to acquire office or manufacturing equipment."}
{"_id": "533188", "title": "", "text": "There is some precedent but not to the same degree:  http://blogs.worldbank.org/prospects/what-can-history-tell-us-about-cartels-commodity-markets  The surplus of oil is scrutinized more because (1) it is vitally important and (2) it has been successfully restricted three times (Standard Oil, TRC, OPEC) over relatively long periods of time ."}
{"_id": "533201", "title": "", "text": "I strongly urge you against this despite the fact that you may enjoy lucrative interest rates in the short run. Considering the reckless usage of deposits and other public monies to build buildings just to claim that gdp is high (they count the cost of real estate as investment not their final sales as the rest of the world does), all depositors in Chinese banks stand to lose or at least have their funds frozen (since all credit funding the real estate building comes from the banks and taxes & land seizures to a lesser degree). China's reckless building: http://www.youtube.com/watch?v=wm7rOKT151Y East Asian Crisis (Chapters 11 & 12): http://www.pbs.org/wgbh/commandingheights/lo/story/ch_menu_03.html This can be prolonged if they open their financial system to outside funding, but that will also amplify the effect."}
{"_id": "533227", "title": "", "text": "Major in CS.  I'm 26 with a BS in Finance (with Accounting minor). I wish I went with a CS back in the day, but oh well. I'm learning programming and computer science on my own now while I work full-time. Fortunately, I'm well on my way towards a strong IT career since I work in business intelligence and big data. It can be a grind while working full-time though.  Don't think you are not good at science classes. I used to think the same. They're not easy, which means you will just have to read and study more and better. Keep at it, develop leadership skills and organize study groups, meet with your professors and TAs if you must. Don't be afraid to ask questions, ever.  Also consider getting a minor in something. It'll be harder but usually well worth it. Pick a minor in a field you find interesting. Every field and industry needs CS majors and you will make yourself that much more valuable. A major in CS with a minor in finance would make you look badass. But don't go with finance though, I suggest a science (any bio, physics or chemistry is good). You'll end up with a nice paying job. I consider my CS skills beginner, but I'm above average compared to the general population and already get paid very well."}
{"_id": "533241", "title": "", "text": "\"I'm answering your \"\"or what are the ways of switching houses?\"\" question...  The most common way that I've done this for a personal residence is with the following steps:  What I think you may really be asking is, \"\"how do I juggle the fact that I want to move to a new house but I have a current home and mortgage?  Two key pieces of the process are:  Hopefully that helps--plenty of people make their next home purchase contingent on the sale of an existing property.\""}
{"_id": "533242", "title": "", "text": "\"To this I say \"\"Yes.\"\" Education is overrated, as is recruiting someone from a company they already work at. If they'll jump for better pay, you will eventually lose them to another company that can afford to pay more.  The companies who are only hiring the presently-employed are missing out on quality employees.   Source: I own and run my own business.\""}
{"_id": "533264", "title": "", "text": "There's a lot in there. First of all you're denying the existence of public goods and the need for an actor on behalf of the public, chosen by the public (aka democracy in a republic).   But also, government is the chosen form of organization for every country on the planet, with the possible exception of the failed states that devolve into piracy and gang membership. And I'm sure you'll agree, those gangs and tribes are a form of government. So in the absence of government, government is created. We all choose to utilize government to create a better society. And we can change it if it's not working. So, 'somehow the state convinced us?' No, we all chose this.   It's absolutely the point that government is different than McDonalds. They are for different things and they have different goals. Our government regulates businesses so the profit motive can be counteracted. It can't have the profit motive."}
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{"_id": "533287", "title": "", "text": "I can make that claim because I've dealt with negotiating with taxi insurance before. This doesn't have anything to do with the courts. This comes down to the driver and their insurance. Your regular car insurance doesn't cover commercial use. If you're using your vehicle for work, you have to tell your insurance company and then they adjust your policy. If you tell them you are running a cab service, they will straight up cancel your policy because there is an entirely separate insurance industry for cab companies.  So, please, tell me more about the industry I worked in for 8 years."}
{"_id": "533288", "title": "", "text": "Closing the card will be fine. The consequences are related to your available credit and actual/potential utilization. If you have less total credit, any credit you actually use will be a greater percentage of your total credit, manipulating your score downwards more greatly. The next consequence will be related to the age of your credit history, which is an average of your credit lines. This seems negligible and also beneficial for you, since your credit history is so young to begin with."}
{"_id": "533293", "title": "", "text": "Second mortgages were also a popular way for home buyers without a down payment to borrow 100% of the money, but avoid certain extra fees if they borrowed all the money from a single lender. For example, to borrow $100,000 on a house would incur something called PMI (private mortgage insurance).  So to borrow $100,000 to buy my house, my payment might be $800/month, but I would have an additional $100/month of PMI to pay.  (These numbers are totally made up and not based in math in any way) So instead of that, borrows might get a first mortgage for $80,000 so they don't have to pay the PMI and get a second mortgage for the difference.  This can be beneficial if the second mortgage payment is less than the PMI for borrowing 100%. As far as I know they aren't as easy to get these days, like any loan you need to be qualified and I think 100% financing is probably harder to come by.  The negative connotation is no worse than any other loan.  I am personally against borrowing money, but if you had big medical expenses, major home repairs or some other emergency I could see it justified.  Probably not for a big vacation or for new car though."}
{"_id": "533311", "title": "", "text": "I don't think that there's a specific  number or index that gives you what you're looking for. I think the closest thing to it would be the velocity of money, which is a measure of how often money changes hands.  Also, for what it's worth, I believe that this concept is controversial in some circles."}
{"_id": "533326", "title": "", "text": "We work because it takes work to maintain this society of not always being on the verge of dying of hunger or thirst or disease.  We don't have to run down animals to kill anymore, we just go down to the grocery store.  There are systems in place and they have to be maintained and improved upon to keep a growing civilization and population count stable."}
{"_id": "533337", "title": "", "text": "in 20 yrs your generation will vote itself into office and be in control. like gay rights....climate change...healthcare...abortion etc are promises now. so will be your  school debts and kids education. You will  vote and argue for or against forgiving your own debts and make higher education a right. You will  just keep digging the hole you complain other people made for you like the generations before you. problem will be solved. have a beer and relax.."}
{"_id": "533345", "title": "", "text": "Yeah you're right, all the corporations doing this don't add up to trillions at all. And corporate interests have nothing to do with war profiteering or big money lobbying in politics. Let's just keep subsidizing profitable businesses, tax breaks and incentives so they don't pay an effective tax in the US either. But let us keep income tax pretty much unchanged for 95% of the population."}
{"_id": "533352", "title": "", "text": "http://www.citymayors.com/finance/bonds.html      &gt; There were approximately $3.7 trillion outstanding in municipal bonds by 2011 according to a quarterly U.S. Federal Reserve Flow of Funds release in December 2011. This amount included a $840 billion dollar amount missed from prior calculations of outstanding debt issued since 2004.(Kaske, Michelle. \u201cFed Agrees With Citi on $3.7 Trillion Estimate\u201d. Bloomberg. December 8, 2011.)      Still waiting on your magic numbers.       What he did was cite a number that represents the entire muni bond market. A number that can be sourced from valid places. The muni bond market IS worth that much in total.  At least from the sources we have thus far. You've yet to actually do much of anything but bitch that his numbers (and apparently the MSRB and Fed's numbers) are wrong while good ol crotchpoozie knows the real score."}
{"_id": "533354", "title": "", "text": "Timothy Sykes specializes in this type of trade, according to his website. He has some recommendations for brokers that allow shorting low-priced stocks:"}
{"_id": "533357", "title": "", "text": "There is no reason to try to build a commission discount into the contract when you are not represented by a buyer's agent. Make your offer is 3% lower than it would be otherwise. Then the seller's agent becomes your best ally. He knows he'll get the whole commission, so it's in his best interest to make the deal happen. Even if he believes another unrepresented buyer will come along, the difference in his commission will be minuscule and probably not worth his time. If you get the price you offered, does it matter whose pocket the discount came out of? On the other hand, if you enter negotiations that stall at an amount less than half of the commission, then mention a discounted commission. At that point the deal is so close that the seller and agent may be able to bridge the gap themselves."}
{"_id": "533362", "title": "", "text": "\"I would suggest having your money auto-deposited into a savings account. Then use cash weekly to pay for everything you purchase. Forget the ATM card, because you can burn through your whole paycheck and then run out. Set a certain budget (say $200 per week, just making up a number), and that's all you get. Withdraw $200 from the bank / ATM, and then walk away. No buying online (because it isn't restricted), no buying on a card. All expenses (beyond utilities) comes out of that cash. When you want to spend more, you need to wait until your next cash \"\"paycheck\"\". If you want to spend more (on whatever you end up splurging on), you will need to cut back in other areas (cheaper food, etc). As others have mentioned, freeze that ATM card, and don't use it at all.\""}
{"_id": "533365", "title": "", "text": "Minimum wage is not supposed to be a living wage. Working at mcdonalds or a movie theater or a car wash aren't careers. You don't live off of unskilled hourly jobs. And you certainly don't have a family if you can't afford it, so no, minimum wage shouldn't afford to pay for a 2 bedroom.   It's unbelievable that you think someone should be able to support a family off of 40 hour weeks at mcdonalds. The rich lawyers and businessmen who make millions a year aren't working 40 hour weeks (granted their time is much more valuable so their 40 hour week probably would bring in a decent amount of money) but no they work 80+ hour weeks."}
{"_id": "533400", "title": "", "text": "The issue is that they aren't leaving, they're using a loophole to avoid paying corporate taxes even though their revenue, operation, manufacturing, and logistics base is still primarily within the United States.  Your argument is not based on any economic or financial principle but primarily out of some outrage at a non-existent statist strawman.  I'm sure you've really showed them and hurt their non-existent feelings."}
{"_id": "533408", "title": "", "text": "\"You avoid pattern day trader status by trading e-mini futures through a futures broker. The PDT rules do not apply in the futures markets. Some of the markets that are available include representatives covering the major indices i.e the YM (DJIA), ES (S&P 500) and NQ (Nasdaq 100) and many more markets.  You can take as many round-turn trades as you care to...as many or as few times a day  as you like. E-mini futures contracts trade in sessions with \"\"transition\"\" times between sessions. -- Sessions begin Sunday evenings at 6 PM EST and are open through Monday evening at 5 PM EST...The next session begins at 6 pm Monday night running through Tuesday at 5 PM EST...etc...until Friday's session close at 5 PM EST. Just as with stocks, you can either buy first then sell (open and close a position) or short-sell (sell first then cover by buying). You profit (or lose) on a round turn trade in the same manor as you would if trading stocks, options, ETFs etc. The e-mini futures are different than the main futures markets that you may have seen traders working in the \"\"pits\"\" in Chicago...E-mini futures are totally electronic (no floor traders) and do not involve any potential delivery of the 'product'...They just require the closing of positions to end a transaction.  A main difference is you need to maintain very little cash in your account in order to trade...$1000 or less per trade, per e-mini contract...You can trade just 1 contract at a time or as many contracts as you have the cash in your account to cover.   \"\"Settlement\"\" is immediate upon closing out any position that you may have put on...No waiting for clearing before your next trade.  If you want to hold an e-mini contract position over 2 or more sessions, you need to have about $5000 per contract in your account to cover the minimum margin requirement that comes into play during the transition between sessions... With the e-minis you are speculating on gaining from the difference between when you 'put-on' and \"\"close-out\"\" a position in order to profit. For example, if you think the DJIA is about to rise 20 points, you can buy 1 contract. If you were correct in your assessment and sold your contract after the e-mini rose 20 points, you profited $100. (For the DJIA e-mini, each 1 point 'tick' is valued at $5.00)\""}
{"_id": "533409", "title": "", "text": "Owning a home is a fairly large responsibility. Minimum wage jobs often have incredibly high turnover (2-5 rate per year meaning it loses more people than than it keeps). Do you think that people who cannot hold down a job at the lowest level of employment can handle the costs, upkeep, and responsibility of owning a home? That's an honest question."}
{"_id": "533432", "title": "", "text": "Thank you moto\\_gp\\_fan for voting on haikubot-1911.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "533449", "title": "", "text": "Do we have a list of all of their predictions? Because 1. I predicted the last crash, whoop di doo 2. By default, on a planet of 7.3 billion, there will always be SOMEONE who predicts something right.  I've been reading about 'the person that nailed the last one predicting collapse tomorrow' since sometime in 2011...all those fuckers were wrong."}
{"_id": "533457", "title": "", "text": "With LLCs, the operation agreement can define different shares for different kinds of income or equity, and different partners may be treated differently. In essence, you can end up with a different stock class for each partner/member. So you need to read the grant document and the OA really carefully to know what you're getting. You may want to have a lawyer read through it for you. This may be way more complicated than classes of shares in a corporation."}
{"_id": "533477", "title": "", "text": "Does the price only start the day based on the previous day's rebalancing? No, the tracker will open at the price according to the stock it is tracking.  So for example, if the ETF closed at $10 but the tracked stock continued trading and was priced $15 when the ETF reopened the ETF will open at $15. (Example is for a non-leveraged ETF.)"}
{"_id": "533489", "title": "", "text": "I actually re-read the article.  The shares are voting, but the CEO made his shares have 15 votes each.  This is much worse than non-voting shares.  Non-voting shares usually come with other benefits.  Zynga has basically made the votes of the common shares useless without giving any benefits.  Total scumbag company, which I'm sure won't be around in 10 years."}
{"_id": "533507", "title": "", "text": "\"&gt; If an employer sent this to me I'd seriously consider that a threat in regards against how I practice my political beliefs.  Why? There's no way the boss can know who voted for who, and it doesn't sound like he's threatening to hire people Obama bumper stickers or anything like that. This looks to me more like an attempt to inform his employees about how public policy can affect the company. (Note that I'm not saying his representations of and predictions about Obama's policies are accurate, but if they are, this is a perfectly reasonable statement to make.)  &gt; It undermines my right to educate myself.  I have no idea what you mean by that. Someone giving you information \"\"undermines your right\"\" to gather information from other sources?\""}
{"_id": "533513", "title": "", "text": "Even allegedly upscale malls are getting pretty grimmy.    Stanford shopping center has dogs leaving poop and puddles all over the place.    The last time I was there some dudes were having what looked like an honest to boG dog fight complete with betting in the center court.  Screw that third world noise.   I'll shop on online."}
{"_id": "533515", "title": "", "text": "If you are looking to buy polished plaster London, check out the Stucco Veneziano online store. The finest Italian designs, along with some of the most unique wall furnishings, are available online in a wide variety of colours and designs, ranging from classical to vibrant, with Stucco Veneziano."}
{"_id": "533527", "title": "", "text": "If you are worried about it, call up the loan company and confirm that they received the payment and that they credited it properly. If they received the payment but did not credit it properly to your loan, the customer service representative on the phone should be able to make the adjustment, as well as remove any late fee that might have been applied as a result of the misapplied payment."}
{"_id": "533537", "title": "", "text": "The 401k was not written with the specific intent of enabling retirement savings.  Why do tax advantages favor employees of large employers... It seems that large businesses have been more effective at influencing legislators despite that there are more people are employed by small than large businesses."}
{"_id": "533542", "title": "", "text": "They don't care..   the people making those choices are judged on the short term basis; ie yearly bonus.  They make the choice to move it over, reap a massive bonus for a couple of years before the profit starts to crumble then they bail out.  I've seen it happen at no less than 5 of my clients."}
{"_id": "533549", "title": "", "text": "There is a basis for that if you consider the power of compounding. So, the sooner you re-invest the dividends the sooner the time will give you results (through compounding). There is also the case of the commissions, if they are paid with a percentage of the amount invested they automatically gain more from you. Just my 2cents, though the other answers are probably more complete."}
{"_id": "533562", "title": "", "text": "Find a way to raise the cash needed to pay the store back, plus penalties.  Be humble and apologetic.  You have committed fraud.  Depending on the amount, it may be a felony.  Be an adult, settle the debt.  If not, they have grounds to open a complaint with law enforcement.  Your county jail probably has a number of residents who are paper hangers."}
{"_id": "533576", "title": "", "text": "\"You should only invest in individual stocks if you truly understand the company's business model and follow its financial reports closely.  Even then, individual stocks should represent only the tiniest, most \"\"adventurous\"\" part of your portfolio, as they are a huge risk. A basic investing principle is diversification.  If you invest in a variety of financial instruments, then: (a) when some components of your portfolio are doing poorly, others will be doing well.  Even in the case of significant economic downturns, when it seems like everything is doing poorly, there will be some investment sectors that are doing relatively better (such as bonds, physical real estate, precious metals). (b) over time, some components of your portfolio will gain more money than others, so every 6 or 12 months you can \"\"rebalance\"\" such that all components once again have the same % of money invested in them as when you began.  You can do this either by selling off some of your well-performing assets to purchase more of your poorly-performing assets or (if you don't want to incur a taxable event) by introducing additional money from outside your portfolio.  This essentially forces you to \"\"buy (relatively) low, sell (relatively) high\"\". Now, if you accept the above argument for diversification, then you should recognize that owning a handful (or even several handfuls) of individual stocks will not help you achieve diversification.  Even if you buy one stock in the energy sector, one in consumer discretionary, one in financials, etc., then you're still massively exposed to the day-to-day fates of those individual companies.  And if you invest solely in the US stock market, then when the US has a decline, your whole portfolio will decline.  And if you don't buy any bonds, then again when the world has a downturn, your portfolio will decline.  And so on ... That's why index mutual funds are so helpful.  Someone else has already gone to the trouble of grouping together all the stocks or bonds of a certain \"\"type\"\" (small-cap/large-cap, domestic/foreign, value/growth) so all you have to do is pick the types you want until you feel you have the diversity you need.  No more worrying about whether you've picked the \"\"right\"\" company to represent a particular sector.  The fewer knobs there are to turn in your portfolio, the less chance there is for mistakes!\""}
{"_id": "533589", "title": "", "text": "Suppose you have been paying interest on previous charges in the past. Your monthly statement is issued on April 12, and (since you just received your income tax refund), you pay it off in full on April 30.  You don't charge anything to the card at all after April 12.  Thus, on April 30, your credit card balance  shows as zero since you just paid it off.  But your April 12 statement billed you for interest only till April 12.  So, on May 12, your next monthly bill will be for the interest for your nonzero balance from April 13 through April 30. Assuming that you still are not making any new charges on your card and pay off the May 12 bill in timely fashion, you will finally have a zero bill on June 12. What if you charge new items to your credit card after April 12? Well, your balance stopped revolving on April 30, and that's when interest is no longer charged on the new charges. But you do owe interest for a charge on April 13 (say) until April 30 when your balance is no longer revolving, and this will be added to your bill on May 12. Purchases made after April 30 will not be charged interest unless you fall off the wagon again and don't pay your May 12 bill in full by the due date of the bill (some time in early June)."}
{"_id": "533600", "title": "", "text": "Going to say this, Uber terms of service provide you insurance from the time you pickup a passenger, till you drop them off. When driving between pickups you might be driving without insurance. There was a case about this last year, neither uber or the drivers personal insurance would pay."}
{"_id": "533607", "title": "", "text": "Most companies have different departments to manage their core business processes. However, there are common organization-wide activities that can be difficult to assign to a specific department and should occupy a corporate level. VALIS Group Inc has transformed thousands of organizations around the world by enabling them to be more agile and efficient. Some of these processes revolve Same day company formation and around regulatory compliance, others to cost control and others respond to organizational sustainability strategies.  The only common feature of all these processes is their corporate status."}
{"_id": "533613", "title": "", "text": "\"FX trading platforms are not used for exchanging money, they are used for trading currencies. \"\"I know there are cheaper services like transferwise, charging about 0.5 %, but there is little/no control over the exchange rate, you just get the rate at the time of execution.\"\" With FX trading you don't have control of the exchange rate either, just like the share market, FX markets are determined by supply and demand of one currency over an other. So an individual does not have control over the exchange rate but will just get the rate at the time of the trade being executed.\""}
{"_id": "533621", "title": "", "text": "\"Credit scores are not such a big deal in Canada as they are in the US and even some European countries.  One reason for this: the Social Insurance Number (SIN number) isn't used for so many purposes like the Social Security Number (SSN) in the US.  The SIN number isn't even required to get credit (but with some exceptions it is needed to open an interest-bearing savings account, so that the interest income can be reported).  You can refuse to provide the SIN number to most private companies. Canada also has one of the highest per-capita immigration rates of any large country, so new arrivals are expected, and services are geared up for them.  Most of the banks offer special deals for \"\"New Canadians\"\".  You should get a credit card (even if just a secured credit card) through them with one of these offers to start a credit file anyway, but there's no need to actually use it much.  Auto-paying a utility bill through the card, and paying it off in full each month, is one way to keep it active.  No need to ever pay any interest. Most major apartment rental firms will expect a good proportion of their renters to be new to Canada, so should have procedures in place to deal with it (such as a higher deposit).  You should not give them your SIN for a credit check, even when you're more established. Same for utilities, they can just charge a higher deposit if they can't credit check you.  For private landlords, everything is negotiable (but see the laws link at the end of this answer). You will later need a credit rating for a mortgage on a house (if not paying cash), so it's worth getting that one token credit card.  Useful for car rental also. Here's a fairly complete summary of the laws on renting in Canada, which includes the maximum deposits that can be asked for, and notice periods.\""}
{"_id": "533623", "title": "", "text": "I would be curious how he balanced having two female life partners at once. Not sure I would ask that at the shareholder meeting though ;)"}
{"_id": "533646", "title": "", "text": "Ah yes. The personal attack after the entire crux of your argument (that you have to go to law school to take and pass the bar) was proven demonstrably wrong. I'm sure you have a great future in...something that requires people to just make shit up and then project a bunch? Idk I'm sure you'll figure it out."}
{"_id": "533647", "title": "", "text": "\"Am I the only one who forsees Cloudflare leveraging this for censorship?  First they offer free DDoS \"\"protection\"\" so long as you toe the line on their view of acceptable speech, next...\"\"real nice site you have there.  Be a shame if something happened to it\"\".\""}
{"_id": "533649", "title": "", "text": "Emergency fund first. Period. The interest you pay on the HELOC until you have the emergency savings fund is like buying insurance. It's an expense you incur until you can afford to bear the risk yourself (here the risk is of a personal liquidity crisis). When you have enough in your emergency fund to be comfortable, start using whatever amount you were putting into savings to pay down the HELOC. Alex B is right that paying off the HELOC is a guaranteed return, but your emergency fund is not an investment -- it's your safety net."}
{"_id": "533686", "title": "", "text": "\"Wow, objectively analyzing business relationships in /r/business makes me a \"\"butthurt macfag\"\".  My bad, didn't realize the hilarious Reddit anti-Apple/pro-Google circlejerk continued in /r/business.   Let's see, instead I guess I have to say:  &gt;LOL APPLE AMIRITE? Only Apple could replace a feature with a worse one and call it better! Le marketing, am I le right???  &gt;GOOD thing Google is perfect and amazing Apple is SO STUPID for trying to end their relationship with Google who is CLEARLY better in every single way already!!!  Is that better, or have I not jerked in this circle hard enough?  This sucks, /r/business used to be worth commenting in...\""}
{"_id": "533712", "title": "", "text": "Not directly Nintendo, but: A company would want its share price to be high if it wants to sell its stock, e.g. on IPO or on subsequent offerings. However, if they want to buy back some shares, it would be in their interest to get more stock for the buck. There may of course be derivative values associated with a high share price, e.g. if they bet on the price or have agreements with investors for particular milestones to be reached. Employees might hold shares and be motivated by share price increases, so a decrease may not be desired, unless they are into some kind of insider trading (buy low, sell high). And last, over-valued share prices may undermine trust in a company, and failing to inform shareholders sufficiently may be outright illegal. Besides those reasons related to law, funding, sales, public relations and company image, companies should be pretty much independent from their own share prices, in contrast to share distribution."}
{"_id": "533717", "title": "", "text": "\"&gt;The success rate is terrible.  This may be quite true, but how many \"\"careers\"\" exist that all you need is $500 and a bank account? One can call their self a trader in less than a week; apply for online broker, transfer funds: you are now a trader.  &gt;I also wanted to see if it is still feasible with all of the algo trading and stuff that has been dominating the market versus an individual trader.  Either I'm not drinking the Kool-Aid or I'm just completely missing something here, but I don't care about algo trading. One can go on about algos, HFT, and traders at big banks and insiders, but what does this have to do with me? People invest/trade different ways and none of the aforementioned methods create a market that doesn't allow small, amateur traders to make money. The market isn't on or off, it's moves in fluid motions; sometimes smooth, sometimes erratic. When people bring up big banks or algos, I feel as if they think the market acts like a [square wave](http://www.thedawstudio.com/wp-admin/Images/Sound_Waves/Square_Wave.jpg) and once the info is out it's too late. But markets take time to make movements. Just don't be left holding the bag.\""}
{"_id": "533727", "title": "", "text": "\"First, to mention one thing - better analysis calls for analyzing a range of outcomes, not just one; assigning a probability on each, and comparing the expected values. Then moderating the choice based on risk tolerance. But now, just look at the outcome or scenario of 3% and time frame of 2 days. Let's assume your investable capital is exactly $1000 (multiply everything by 5 for $5,000, etc.). A. Buy stock: the value goes to 103; your investment goes to $1030; net return is $30, minus let's say $20 commission (you should compare these between brokers; I use one that charges 9.99 plus a trivial government fee). B. Buy an call option at 100 for $0.40 per share, with an expiration 30 days away (December 23). This is a more complicated. To evaluate this, you need to estimate the movement of the value of a 100 call, $0 in and out of the money, 30 days remaining, to the value of a 100 call, $3 in the money, 28 days remaining. That movement will vary based on the volatility of the underlying stock, an advanced topic; but there are techniques to estimate that, which become simple to use after you get the hang of it. At any rate, let's say that the expected movement of the option price in this scenario is from $0.40 to $3.20. Since you bought 2500 share options for $1000, the gain would be 2500 times 2.8 = 7000. C. Buy an call option at 102 for $0.125 per share, with an expiration 30 days away (December 23). To evaluate this, you need to estimate the movement of the value of a 102 call, $2 out of the money, 30 days remaining, to the value of a 102 call, $1 in the money, 28 days remaining. That movement will vary based on the volatility of the underlying stock, an advanced topic; but there are techniques to estimate that, which become simple to use after you get the hang of it. At any rate, let's say that the expected movement of the option price in this scenario is from $0.125 to $ 1.50. Since you bought 8000 share options for $1000, the gain would be 8000 times 1.375 = 11000. D. Same thing but starting with a 98 call. E. Same thing but starting with a 101 call expiring 60 days out. F., ... Etc. - other option choices. Again, getting the numbers right for the above is an advanced topic, one reason why brokerages warn you that options are risky (if you do your math wrong, you can lose. Even doing that math right, with a bad outcome, loses). Anyway you need to \"\"score\"\" as many options as needed to find the optimal point. But back to the first paragraph, you should then run the whole analysis on a 2% gain. Or 5%. Or 5% in 4 days instead of 2 days. Do as many as are fruitful. Assess likelihoods. Then pull the trigger and buy it. Try these techniques in simulation before diving in! Please! One last point, you don't HAVE to understand how to evaluate projected option price movements if you have software that  does that for you. I'll punt on that process, except to mention it. Get the general idea? Edit P.S. I forgot to mention that brokers need love for handling Options too. Check those commission rates in your analysis as well.\""}
{"_id": "533730", "title": "", "text": "I deleted my previous comment. Here's an illustration:  Let's say you're betting in a horse race. This horse race allows anyone who's willing to take bets during the race to do so.  So you bet on horse A Another guy bets on horse B  Your horse (a) runs the race normally.  The guy on horse B, however, notices his horse will lose but that C is going to win.  So he sends a bunch of his friends to the ticket counter ahead of time. Then, when he wants to be on C he just has a friend bet for him. He can do that while you're stuck at the back of the line.   In the market, they can distribute the orders among each other in the same way. The friends are just servers but they let everyone know when the orders are coming in. They don't know before he places the order but once he does they're already in line faster than you can be in line."}
{"_id": "533745", "title": "", "text": "Yes I know, thats why I actually used google.   &gt;&gt; In the United States, the overall cancer death rate has declined since the early 1990s. The most recent SEER Cancer Statistics Review, updated in September 2016, shows that cancer death rates decreased by:  &gt;&gt;1.8% per year among men from 2004 to 2013 &gt;&gt;1.4% per year among women from 2004 to 2013 &gt;&gt;1.4% per year among children ages 0\u201319 from 2009 to 2013 &gt;&gt;Although death rates for many individual cancer types have also declined, rates for a few cancers have stabilized or even increased.  &gt;&gt;As the overall cancer death rate has declined, the number of cancer survivors has increased. These trends show that progress is being made against the disease, but much work remains. Although rates of smoking, a major cause of cancer, have declined, the U.S. population is aging, and cancer rates increase with age. Obesity, another risk factor for cancer, is also increasing.  https://www.cancer.gov/about-cancer/understanding/statistics"}
{"_id": "533779", "title": "", "text": "Stock splits are typically done to increase the liquidity of stock merely by converting every stock of the company into multiple stocks of lower face value. For example, if the initial face value of the stock was $10 and the stock got split 10:1, the new face value of the stock would be $1 each. This has a proportional effect on the market value of the stock also. If the stock was trading at $50, after the split the stock should ideally adjust to $5. This is to ensure that despite the stock split, the market capitalization of the company should remain the same. Number of Shares * Stock Price = Market Capitalization = CONSTANT"}
{"_id": "533780", "title": "", "text": "I was commenting on your other assessments.   I have investments in various funds and some stocks I think may end up being bought up.  Your judgements on the health market and student loans fails to scratch the surface of why we have these issues.  There will be a market bubble burst though it always happens.  Short any consumer stock you see as it'll likely be the most hurt by the bubble. Also any of these tech stocks with no profit."}
{"_id": "533789", "title": "", "text": "Keep in mind, this is a matter of preference, and the answers here are going to give you a look at the choices and the member's view on the positive/negative for each one.  My opinion is to put 20% down (to avoid PMI) if the bank will lend you the full 80%. Then, buy the house, move in, and furnish it. Keep track of your spending for 2 years minimum. It's the anti-budget. Not a list of constraints you have for each category of spending, but a rear-view mirror of what you spend. This will help tell you if, in the new house, you are still saving well beyond that 401(k) and other retirement accounts, or dipping into that large reserve.  At that point, start to think about where kids fit into your plans. People in million dollar homes tend to have child care that's 3-5x the cost the middle class has. (Disclosure - 10 years ago, our's cost $30K/year).  Today, your rate will be about 4%, and federal marginal tax rate of 25%+, meaning a real cost of 3%. Just under the long term inflation rate, 3.2% over the last 100 years. I am 53, and for my childhood right through college, the daily passbook rate was 5%. Long term government debt is also at a record low level. This is the chart for 30 year bonds.  I'd also suggest you get an understanding of the long term stock market return. Long term, 10%, but with periods as long as 10 years where the return can be negative.  Once you are at that point, 2-3 years in the house, you can look at the pile of cash, and have 3 choices.  We are in interesting times right now. For much of my life I'd have said the potential positive return wasn't worth the risk, but then the mortgage rate was well above 6-7%. Very different today."}
{"_id": "533791", "title": "", "text": "Regarding transferring a residential investment property into your SMSF, no you cannot do it. You cannot transfer residential property into your SMSF from a related party. You can only transfer Business Real Property (that is commercial or industrial property) into a SMSF from a related party. You can buy new residential property inside your SMSF, and you can also borrow within the fund (using a non-recourse loan) to help you buy it, or you could buy it as tenants-in-common with your SMSF (that is you own say 50% in your own name and 50% under the SMSF). Regarding self-managing the investment properties held in your SMSF, yes you can, but you should make sure all your paperwork is in order (all your t's crossed and your i's dotted). You can even charge your SMSF for managing the properties, but this should be at market rates (not more)."}
{"_id": "533808", "title": "", "text": "\"There are way too many details missing to be able to give you an accurate answer, and it would be too localized in terms of time & location anyway -- the rules change every year, and your local taxes make the answer useless to other people. Instead, here's how to figure out the answer for yourself. Use a tax estimate calculator to get a ballpark figure. (And keep in mind that these only provide estimates, because there are still a lot of variables that are only considered when you're actually filling out your real tax return.) There are a number of calculators if you search for something like \"\"tax estimator calculator\"\", some are more sophisticated than others. (Fair warning: I used several of these and they told me a range of $2k - $25k worth of taxes owed for a situation like yours.) Here's an estimator from TurboTax -- it's handy because it lets you enter business income. When I plug in $140K ($70 * 40 hours * 50 weeks) for business income in 2010, married filing jointly, no spouse income, and 4 dependents, I get $30K owed in federal taxes. (That doesn't include local taxes, any itemized deductions you might be eligible for, IRA deductions, etc. You may also be able to claim some expenses as business deductions that will reduce your taxable business income.) So you'd net $110K after taxes, or about $55/hour ($110k / 50 / 40). Of course, you could get an answer from the calculator, and Congress could change the rules midway through the year -- you might come out better or worse, depending on the nature of the rule changes... that's why I stress that it's an estimate. If you take the job, don't forget to make estimated tax payments! Edit: (some additional info) If you plan on doing this on an ongoing basis (i.e. you are going into business as a contractor for this line of work), there are some tax shelters that you can take advantage of. Most of these won't be worth doing if you are only going to be doing contract work for a short period of time (1-2 years). These may or may not all be applicable to you. And do your research into these areas before diving in, I'm just scratching the surface in the notes below.\""}
{"_id": "533818", "title": "", "text": "\"To perhaps better explain the \"\"why\"\" behind this rule of thumb, first think of what it means when the P/E ratio changes.  If the P/E ratio increases, then this means the stock has become more expensive (in relative terms)--for example, an increase in the price but no change in the earnings means you are now paying more for each cent of earnings than you previously were; or, a decrease in the earnings but no change in the price means you are now paying the same for less earnings. Keeping this in mind, consider what happens to the PE ratio when earnings increase (grow)-- if the price of the stock remains the same, then the stock has actually become relatively \"\"cheaper\"\", since you are now getting more earnings for the same price.  All else equal, we would not expect this to happen--instead, we would expect the price of the stock to increase as well proportionate to the earnings growth.  Therefore, a stock whose PE ratio is growing at a rate that is faster than its earnings are growing is becoming more expensive (the price paid per cent of earnings is increasing).  Similarly, a stock whose PE ratio is growing at a slower rate than its earnings is becoming cheaper (the price paid per cent of earnings is decreasing).  Finally, a stock whose P/E ratio is growing at the same rate as its earnings are growing is retaining the same relative valuation--even though the actual price of the stock may be increasing, you are paying the same amount for each cent of the underlying company's earnings.\""}
{"_id": "533825", "title": "", "text": "\"Yes, you can. See the instructions for line 29 of form 1040. Self employed health insurance premiums are an \"\"above the line\"\" deduction.\""}
{"_id": "533846", "title": "", "text": "You can explain things in more detail with more thorough examples, links, references and diagrams on your site. This question just happened to be something I was thinking about recently.  You could also cover the tax consequences of capital gains on tax-free bonds, since I expect they are treated the same as other capital gains (short-/long-term) and are not tax-free.  Edit: My additional explanation of why municipal bonds are tax free in addition to federal bonds is clunky, perhaps you can approach it more concisely."}
{"_id": "533878", "title": "", "text": "If the market believes that the company is overstaffed, then management acknowledging the issue and resolving the problem can result in the price going up.  It can also mean that external events drove the price up, and the bad news was lost in the other issues of the day. Sometimes layoffs are a sign of the company entering a long downward spiral; in other cases it is a sign of the beginning recovery. The layoffs can also be viewed as good news if they weren't as big as some experts feared.  You have to look at the exact situation to understand why news x impacts the companies price."}
{"_id": "533895", "title": "", "text": "someone is paid a certain sum each month, and wants to spend only a certain amount each month, can he spend more and then take it out of next month's payment? Using the example 100 month 1, 60 first month. Save 40 Second Month, 100 salary, spend 70. Save 30. Overall Savings 70 Third month, 100 salary, spend 50. Save 50. Overall Savings 120 So in short term or once a while doing this is fine. However if [and this depends on individuals] it goes beyond control, i.e. you keep spending say 90 every month, you would have to save for quite a few months to get back to normal. A better way would be to reverse this. Using the example 100 month 1, 60 first month. Save 40 Second Month, 100 salary, spend 50. Save 50. Overall Savings 90 Third month, 100 salary, spend 70. Save 30. Overall Savings 120 i.e. save more first and then spend, rather than spending now and saying you will save in future. Generally this is the trap quite a few fall into specially when saving for retirement, they keep putting it to future and very soon realize that they can't get back to the goal."}
{"_id": "533896", "title": "", "text": "Don't be ridiculous. You are competing with the best graduates out of the harvards in the world and you think reading a couple self help financial books will put you on level playing field? Don't waste your time with bcg or McKinsey."}
{"_id": "533897", "title": "", "text": "&gt; By volume?  % of GDP  &gt; this is a relative term  relative to other countries. ie soviet union, european nations, ...  &gt; I'm pretty sure everything you know of economics comes from Econ 101, Ayn Rand or both.  i was an econ minor at northwestern (pretty much all Keynesian teaching). i also read a lot of stuff by various austrian economists.   &gt; I'm not going to spend 10 minutes diagramming this sentence.  there's nothing wrong or untrue about that sentence"}
{"_id": "533902", "title": "", "text": "\"Sure, and you can easily find one reliable source for even one case where that heppened.  On the other hand, \"\"Palestinians\"\" killing athletes in Olympic ganes, trhowing an old man in a wheelchair off a ship, killing a sleeping 13 years old girl sleeping in her bedroom,  or shooting 100s of missiles into Israeli resdidential areas, killing babie, children and innocent people is not to be considered. And, definitely, Israel should not respond.\""}
{"_id": "533927", "title": "", "text": "Does the average debt of over $5000 per person count debt that is less than say 6 weeks old? I set my card to auto pay in full each month but I always have a few thousand that I owe since it's not due for a few weeks. I funnel all my spending through cards to take advantage of points."}
{"_id": "533929", "title": "", "text": "I can't find anything specifically about holding international real estate as a US taxpayer, but the act of transferring the money to (I presume) an account of yours in Italy, and any other associated accounts, will trigger requirements for reporting under FBAR and FACTA. Even with this, it is primarily a reporting requirement. I do not believe you will incur any additional taxes unless you do rent out the property (or allow someone not a reported dependent to make use of the property). Note that if you do not report and should, the penalties are quite steep, so please do comply. NOTE: I am not a tax expert, nor a lawyer, nor an accountant, nor an agent of the IRS. Please consult one or all of these before making any decisions."}
{"_id": "533933", "title": "", "text": "My view is from the Netherlands, a EU country. Con: Credit cards are more risky. If someone finds your card, they can use it for online purchases without knowing any PIN, just by entering the card number, expiration date, and security code on the back. Worse, sometimes that information is stored in databases, and those get stolen by hackers! Also, you can have agreed to do periodic payments on some website and forgot about them, stopped using the service, and be surprised about the charge later. Debit cards usually need some kind of device that requires your PIN to do online payments (the ones I have in the Netherlands do, anyway), and automated periodic payments are authorized at your bank where you can get an overview of the currently active ones. Con: Banks get a percentage of each credit card payment. Unlike debit cards where companies usually pay a tiny fixed fee for each transaction (of, say, half a cent), credit card payments usually cost them a percentage and it comes to much more, a significant part of the profit margin. I feel this is just wrong. Con: automatic monthly payment can come at an unexpected moment With debit cards, the amount is withdrawn immediately and if the money isn't there, you get an error message allowing you to pay some other way (credit card after all, other bank account, cash, etc). When a recent monthly payment from my credit card was due to be charged from my bank account recently, someone else had been paid from it earlier that day and the money wasn't there. So I had to pay interest, on something I bought weeks ago... Pro: Credit cards apparently have some kind of insurance. I've never used this and don't know how it works, but apparently you can get your money back easily after fraudulent charges. Pro: Credit cards can be more easily used internationally for online purchases I don't know how it is with Visa or MC-issued debit cards, but many US sites accept only cards that have number/expiration date/security code and thus my normal bank account debit card isn't useable. Conclusion: definitely have one, but only use it when absolutely necessary."}
{"_id": "533948", "title": "", "text": "&gt;[**Gold-eggs. \u042d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0430\u044f \u0438\u0433\u0440\u0430, \u0433\u0434\u0435 \u0437\u0430\u0440\u0430\u0431\u0430\u0442\u044b\u0432\u0430\u044e\u0442 \u0440\u0435\u0430\u043b\u044c\u043d\u044b\u0435 \u0434\u0435\u043d\u044c\u0433\u0438! \u0417\u0430\u0440\u0430\u0431\u043e\u0442\u043e\u043a \u043d\u0430 \u0438\u0433\u0440\u0430\u0445 2017 [8:22]**](http://youtu.be/yZ0WHMCuDfg)  &gt;&gt;\u0414\u0440\u0443\u0437\u044c\u044f, \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u044f \u0440\u0430\u0441\u0441\u043a\u0430\u0437\u044b\u0432\u0430\u044e \u043e \u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u043e\u0439 \u0438\u0433\u0440\u0435 Gold-eggs  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^2 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "533955", "title": "", "text": "\"I can see why businesses would be upset at this, since previously facebook had convinced many businesses to use facebook advertising to increase the number of \"\"likes\"\" on their business facebook page.  And now they have to pay more to get any value out of having those likes on their facebook pages? Seems like a bit of a slap in the face.\""}
{"_id": "533972", "title": "", "text": "Why is gawker always loaded with cynical nerd rage?  I think more people are starting to realize that Mom and Pop shops aren't so Mom and Poppy anymore. Sure its great if a local store can provide excellent service and prices, but that's rare even now."}
{"_id": "533974", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.weforum.org/agenda/2017/08/this-smart-tree-has-the-environmental-benefits-of-a-small-forest/) reduced by 76%. (I'm a bot) ***** &gt; So a single &amp;#039;tree&amp;#039; that has the environmental benefits of a small forest has the potential to be a game changer - and that&amp;#039;s exactly what CityTrees are hoping to be.  &gt; The trees&amp;#039; inventors estimate that a single structure has the environmental benefits of 275 urban trees, but taking up 99% less space and at just 5% of the cost.  &gt; Although each tree costs around $25,000, the cost can be mitigated by the potential for advertising on the trees via logos and screens on the unit.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6t3mka/the_new_smart_tree_a_single_structure_has_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~188906 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tree**^#1 **unit**^#2 **CityTree**^#3 **cost**^#4 **City**^#5\""}
{"_id": "533981", "title": "", "text": "\"e-mimosas, ha. I first thought you were referring to just pictures of girl's drinks, as that's a subgenre of \"\"food porn,\"\" along with close-up pictures of cupcakes, donuts, and candy. E-mimosas, e-martinis, e-margaritas, and e-mojitos... Wait...*emo*-jitos? Forget I ever said that; they don't need ANOTHER way to get more traffic.\""}
{"_id": "533997", "title": "", "text": "Yeah. If you set sales goals on an AI such that it cannot reach them legitimately, there are no morals holding it back.  IANAL, but iirc dodging culpability is one of the main reasons YouTube uses pure blackbox AI to do its DRM / brand management stuff.  This is why, seriously, I think we need to get moral philosophers involved in AI projects, so we can embed some ethics at the core."}
{"_id": "534009", "title": "", "text": "Well, the reason its that way is that Americans have been deprived of large chunks of the information they would need to figure the situation out and fix it.  For example, right wing speaking points mix  facts in with lies with the intent of creating a desired result, disgust in government which discourages people from taking any nterest in or of getting involved in fixing it. Democratic speaking points are slightly better because the Democratic rank and file is often better informed in certain areas than Republicans so some unscrupulous Democrats demonize Republicans. Behind the scenes, I suspect they are to some extent pretending to disagree more than actually disagreeing. The fact is, both parties are neoliberal as heck and neither at this point has the country's best interests at heart. Which is what you're seeing. Its a side effect of the concentration of wealth caused by accelerating technological growth. It will get worse as more and more jobs succumb to automation.."}
{"_id": "534010", "title": "", "text": "I think your best strategy is to learn more about the behavior of what you're investing in.  Learn everything you can about it.  Specialize in it.  The more you study, the more the proper strategy will present itself. Answer the questions you ask in paragraph 3 through your own study."}
{"_id": "534014", "title": "", "text": "\"You're pretty much right.  It's going to be hard to write a script for due to the potential for it to be reinterpreted as a \"\"Will Ferrel and Michael Cera\"\" comedy vehicle but I feel like adding a tinge of reality while making it feel like a mockumentary without focusing on one place or subject could make the thing work.\""}
{"_id": "534019", "title": "", "text": "You can illustrate why expense ratio fees are in the numerator with an extreme example:  Let's say you have $100 in a mutual fund, their expense ratio is 50%, your nominal return is 900% and inflation is 900%.  Thus, without the expense, your investment would give you $100 in present value (because your return and inflation are identical), and $1000 in future value.  So with the expense ratio of 50% and no change in present value, you can reason that you would expect the expense ratio will eat half the present value.  If you apply your equation and include expenses in the numerator, you end up with:  ((100 - 100(.50))*(1+9))/(1+9) = $50 present value as you would expect  If you apply the manager's assumption that fees are applied external to inflation, then you end up with:  (100 * (1 + 9))/(1+9) - (100 * (1+9) * .50) = $-400 present value.  With this example you can see applying the fees externally acts as though they are charging you the fees on future returns today.  *Edit:  It's probably not worth fighting with someone senior to you over, as inflation rates are noisy estimates to begin with and the difference between these is typically not material to the decision being made; but pissing off someone senior by showing them their math is off will probably have a material impact on you."}
{"_id": "534027", "title": "", "text": "\"Another essential component of one's life is financial security, which is why you're well advised to stay clear away from Richard Cayne, Meyer Asset Management / Meyer International / Asia Wealth / Expat Wealth.   All of the above, along with the now defunct Royal Siam Trust and Managed Savings (run by his former partner in crime, Greg Pitt) are complete scams. Hundreds of .. \"\"clients\"\" have lost tens of thousands of dollars because of him.\""}
{"_id": "534029", "title": "", "text": "Its a trick so that you don't feel like you're spending money when you bid since the bids are in credits, not dollar amounts.  This is especially true when there is not direct one to one match with a dollar and credit (1 credit might actually be 3 cents)"}
{"_id": "534031", "title": "", "text": "\"It depends on what exactly do you mean by \"\"seat of residence\"\". That term has different meanings (legally) in different countries and different contexts. If you're foreigner (even from within the EU), any czech bank will most likely ask you to provide a residence permit. Here are some details: http://www.mvcr.cz/mvcren/article/third-country-nationals-long-term-residence.aspx http://www.czech.cz/en/Business/How-it-works-here/Making-business/How-to-open-a-bank-account-%E2%80%93-Part-1\""}
{"_id": "534032", "title": "", "text": "[What's wrong with utilizing family for financial stability?](http://money.cnn.com/2012/04/03/real_estate/multi-generation-households/index.htm) It's a common practice that goes on throughout the world. When you're financially distressed, utilizing family is one of the best ways to save money.  It's not about sucking off the rest of your family, it's about pooling resources in a strategic manner.  It can cost a ton for an elderly parent to live on their own, especially if they're only on social security income.  Moving in with family allows her to care for children and save on housing - Win/Win scenario.   Children are delaying leaving their homes until they are older, especially with the rise in college and healthcare.  Parents can still charge them some sort of rent and the kids keep affordable housing.  Preparing a meal for 5+ people generally is more affordable on a per-person basis as well, compared to making individual meals.  When it comes to creating a plan to save money, nobody should look down upon living with family."}
{"_id": "534051", "title": "", "text": "Oh wow . .a new term Jew/American Hater ..so if it automatically implies that if you hate Jews you must hate Americans. Cool trick but I think Jew hating is pretty much a solo thing, just like Jew like to openly spread hatred of Muslims and don't automatically imply if you Hate Muslims you must also hate Australians.  Now we can go on and explain why Jews have cultivated so much hatred for them selves, starting with their habit of Usury and the Betrayal of Christ to the Romans, their habit of infesting every society with their greed and destroying the cultural fabric with greed and corruption through out history, and the fact that it was the very thing that led to the Germans rounding them up and strangely as the cycle repeats its self, how they have infested American society and subverted the government and economy just to feed their own greed and avarice, taking America in to fake wars and wild goose chases for WMD, and continuously beat the war drum of chaos and fan the flames of terrorism by the indiscriminate killing of Palestinian women and children.   How you sit glibly and shout terror while ISIS, the most fanatical bloodthirsty Muslim terrorists bent up on the destruction of humanity cannot find their way to Israel from Syria is perhaps the most hilarious stupidity in your false narrative.  Here is a [Fucking Map](http://www.aljazeera.com/news/middleeast/2013/05/201354434558135.html).  Pus flow out of the sore, not into it"}
{"_id": "534059", "title": "", "text": "I use 10-K and 10-Qs to understand to read the disclosed risk factors related to a business. Sometimes they are very comical. But when you see that risk factor materializing you can understand how it will effect the company. For example, one microlending company's risk factor stated that if Elizabeth Warren becomes head of the Consumer Financial Protection Bureau we will have a hard time... so we are expanding in Mexico and taking our politically unfavorable lending practices there. I like seeing how many authorized shares there are or if there are plans to issue more. An example was where I heard from former employees of a company how gullible the other employees at that company were and how they all thought they were going to get rich or were being told so by upper management. Poor/Quirky/Questionable/Misleading management is one of my favorite things to look for in a company so I started digging into their SEC filings and saw that they were going to do a reverse split which would make the share prices trade higher (while experiencing no change in market cap), but then digging further I saw that they were only changing the already issued shares, but keeping the authorized shares at the much larger amount of shares, and that they planned to do financing by issuing more of the authorized shares. I exclaimed that this would mean the share prices would drop by 90%-99% after the reverse split and you mean to tell me that nobody realizes this (employees or the broad market). I was almost tempted to stand outside their office and ask employees if I could borrow their shares to short, because there wasn't enough liquidity on the stock market! This was almost the perfect short but it wasn't liquid or have any options so not perfect after all. It traded from $20 after the reverse split to $1.27 I like understanding how much debt a company is in and the structure of that debt, like if a loan shark has large payments coming up soon. This is generally what I use those particular forms for. But they contain a lot of information A lot of companies are able to act they way they do because people do not read."}
{"_id": "534077", "title": "", "text": "I also worked at a place like that, and it *was* very distracting. When an EVP comes to your desk and needs something done and you're lower level, that's A Priority, but if you have other priorities that are on deadline from your more immediate boss, then you're scrambling.. it gets old.  I was pretty good at it as a lower level employee, but it starts to wear you out and for some people creates resentment. As I moved up to manage others, I tried to shield them from that while also not inhibiting communication. It's a tough balance."}
{"_id": "534080", "title": "", "text": "I think your question is very difficult to answer because it involves speculation. I think the best article describing why or why not to invest in gold in a recent Motley Fool Article."}
{"_id": "534094", "title": "", "text": "We\u2019re relatively new \u2013 we launched in January 2016 \u2013 but we\u2019ve already got the press buzzing. Media agencies such as Stuff, NZ Herald, Solarcity, Truenet and nbr have mentioned our innovative site, and our customer testimonials keep on growing. We do our research and update glimp regularly, so you\u2019ve always got accurate data in front of you."}
{"_id": "534095", "title": "", "text": "The services provided by a real estate agent is known to be quite helpful when it comes to the aspect of Achieving a Vibrant Neighbourhoods in Mooloolaba with the Help of Real Estate Agents. They are known to provide us with the best suitable deals and offers."}
{"_id": "534096", "title": "", "text": "\"Depends on what you care about. Economically, ehhh... We are not at all safe from another 2008-9 event, red or blue. To avoid it buckling much at the seams for another 4 years will be \"\"interesting\"\" to say the least, but not completely impossible. I'm pretty pessimistic though.   There is a reason the police look and act like they do these days imo and it isn't a peace and love reason. Hopefully there won't be *too* many amoral guard dog humans happy to psychopathically fight for the scraps, but right now it doesn't look very good on avg to me.   I have a distant hope that somehow something unexpected or humane happens at the federal level and we are allowed to build \"\"transition towns\"\" relatively unimpeded if we are on the outskirts. That'd require the federal government intentionally giving up some of its power and, well... Cities give me a bad feeling because I don't think tech is the answer. That is kind of a daydream tangent though.  tldr I think things are pretty bad as well. I just do the do and prepare in the sane and enjoyable ways that I can. I have a vision of the world and all I can do is get out of the way to let myself do it, dollar bullshit oil bullshit or whatever, you know? I try to see the world after oil/dollar and live in *that*.\""}
{"_id": "534099", "title": "", "text": "If you owe money to someone else then you are in debt, at least in the common meaning of the word.  What you happen to own, or what you spent that money on doesn't alter that fact. Are people considered in debt if their only 'debt' is the mortgage/loan for their house, or are these people excluded from the statistic? The only way to answer that for sure is to look at who compiled the statistic and exactly what methodology they used."}
{"_id": "534101", "title": "", "text": "Interior painting jobs take a bit of experience and help in order to make sure that things get done in a way that is appropriate and helpful. How can you be certain that you\u2019re getting everything done in a way that works for your budget? We can help you do the job right, no matter what it is that you may be looking to accomplish. http://barwickpainting.com/"}
{"_id": "534103", "title": "", "text": "It isnt very much imaginary. Theres very real damage being done and severely economically destructive levels of rights being deprived.  You have to identify terrorist boogymen who not only fail to actually fulfill their legal obligations to America but then become terrorists [themselves.](http://finance.jsonline.com/jsonline/news/read/34638650/announcement)"}
{"_id": "534106", "title": "", "text": "\"Oh yeah. exactly. That's why I said \"\"depending on what you buy\"\". there some stuff at whole foods that is crazy expensive, but some that is fairly priced. The thing about WF is you're paying more the variety of products. there is a much lower turnover rate on products than in sprouts or especially in, let's say Costco. And for that reason they have to hike their prices a bit and keep less of a given item in stock. It's a low stocked, but high variety selection.\""}
{"_id": "534124", "title": "", "text": "If possible, I would disable online payment on the card, immediately (reduce the limit of online payment to zero). I think you should also demand the photocopy back, immediately. It is tad confrontational, and maybe he did get it without any ill will, but even in this case, he should be made aware of the fact that this is wrong. Note that if he genuinely did it with ill will, he will have likely made multiple copies (who knows how many), so it will not really protect you from fraud (in this case). Then you should call or e-mail the card company (and/or your bank) and tell them what happened. I think they would consider the card stolen and maybe advise you on what you should do next. Note that if he uses the card, you might (and should) try to chargeback the money (through the card company), but it might be argued that you did not sufficiently protect the details of your card. And even if you succeed, the process can be long and you will not have access to your money in the meantime (this is one of the downsides of a debit card vs credit card...). You may also consider moving away the money from the associated bank account (so that there's not much to steal). Of course, the situation (on that front) gets more complicated if account overdrawing is enabled in your account."}
{"_id": "534144", "title": "", "text": "How to order Checks online in a Quick, Safe, and Straightforward Manner? Many people have difficulty when it comes time to reorder checks, when in fact this process merely takes a few minutes to complete. The most common issues that most folks encounter after they order checks or reorder them are as follows: -Provider/Supply -Price -Check styles"}
{"_id": "534158", "title": "", "text": "2% is a very low interest rate; you can do much better by investing your new found money on a 2 year CD, or short term bonds. You could pay the 0% card according to the terms as well. Therefore, considering the low rates of your cards, you should check into some safe investments with guaranteed return rates."}
{"_id": "534173", "title": "", "text": "That's what I was thinking too. It's just that people are delaying having kids but now that more millenials have started to have children they want to move into bigger houses with better schools. It makes sense but it seems that people can't figure out this demographic that is acting exactly like all the previous generations before them."}
{"_id": "534192", "title": "", "text": "I am hoping for something like an Ouya done right.  I still think that idea has huge potential if not done by idiots.  Now I know this company is not the real Atari, those devs would be entering retirement by now, but I really have my fingers crossed for them."}
{"_id": "534202", "title": "", "text": "Texas didn't create jobs, it moved jobs. Corporations moved workers to Texas due to the lure of poverty wages for workers who don't qualify to pay much if any income tax and cost Texas money to feed and shelter because the companies aren't paying them enough, on top of low or no business taxes Texas gets from the grifters it lures, resulting in the [third-highest debt in the country](http://watchdog.org/124193/tell-em-aint-got-texas-debt-hits-341-billion/).  Cutting taxes doesn't raise revenue."}
{"_id": "534220", "title": "", "text": "\"Congratulations!  You see the problem.  You can't get away from unstable currencies. The other problem is that the US will shut down anything that appears to be providing a replacement for the US Dollar.  Once a token or medallion or gift certificate or whatever starts being used outside the confines of one business or one network of businesses, it will be shut down, quickly.  It happened with Las Vegas gambling tokens.  Another more recent attempt was with the Liberty Dollar, gold and silver coins and certificates that not only had precious metal backing, but whose proponents encouraged taking them to retailers and paying with them as if they were US Dollars.  There were other problems with this idea, but it was the competitive stature of the Liberty dollar that got the headquarters raided and the main site shut down. Basically, all signs point toward dealing with currencies and their state of being systematically eroded over time.  If you do find one that appears to exist, be wary, because the rules can change at any time, and the \"\"money\"\" will be nowhere near as liquid as a proper currency.\""}
{"_id": "534232", "title": "", "text": "How to win friends &amp; influence people is even more so just common knowledge and common courtesy than Art of War, but sometimes seeing that stuff written or presented a certain way can be very impactful. I know it was for me, with both books."}
{"_id": "534261", "title": "", "text": "A business which is completely dependent on highly-skilled labor should /exactly/ construct its workflow to ensure that they keep that skilled labor. It's reason #1 in the article and it is a good reason to allow remote work.  I am close to IBM, I know it is hurting from this strict return to office work - they're too inflexible and have taken the rule too far.   They've simultaneously closed a huge number of offices so they are having serious problems filling dev roles now that they are only located in highly-competitive job markets."}
{"_id": "534277", "title": "", "text": "\"A C-Corp is not a pass-through entity, any applicable taxes would be paid by the Corporation, which is a separate legal entity from yourself. If you use the points to purchase something for yourself, that would constitute \"\"income\"\" to you, and would be taxable on your personal income tax.\""}
{"_id": "534279", "title": "", "text": "You have several choices:  If you can't count on it being there every month, and there is no hope of getting it via the courts, then it appears you need to assume it never will be there."}
{"_id": "534280", "title": "", "text": "Owing money to family members can create serious problems. Taking out a purchase-money mortgage to pay your sister for her share is the best way to avoid future friction and, possibly, outright alienation."}
{"_id": "534282", "title": "", "text": "Technically a hedge fund is nothing more than a private investment partnership.  I was my own full time employee, with investment partners.  I traded for years, and own(ed) another business which was already more than paying all my bills, so why not start a hedge fund, doing something else I loved to generate additional income, and hopefully, someday, make it to the big leagues?"}
{"_id": "534290", "title": "", "text": "Trusts are a way of holding assets with a specific goal in mind. At its simplest, a trust can be used to avoid probate, a sometimes lengthy process in which a will is made public along with the assets bequeathed. A trust allows for fast transfer and no public disclosure. Depending on the current estate tax laws (the death tax) a trust can help preserve an estate exemption. e.g. Say the law reverts back to a $1M exemption. Note, this is $1M per deceased person, not per beneficiary. My wife and I happened to have assets of exactly $2M, and I die tomorrow. Now she has $2M, and when she passes, the estate has that $2M and estate taxes are based on this total, $1M fully taxed. But - If we set up trusts, that first million can be put into trust on my death, the interest and some principal going to the surviving spouse each year, but staying out of the survivor's estate. Second spouse dies, little or no tax due.  This is known as a bypass trust. Another example is a spendthrift trust. Say, hypothetically, my sister in law can't save a nickel to save her life. Spends every dime and then some. So the best thing my mother in law can do to provide for her is to leave her estate in trust with specific instructions on how to distribute some percent each year. This is not a tax dodge of any kind, it's strictly to protect the daughter from her own irresponsibility.  A medical needs trust is a variant of the above. It can provide income to a disabled person without impacting their government benefits adversely.  This scratches the surface, illustrating how trusts can be used, there are more variation on this, but I believe it covers the basics. With the interest in this topic, I'm adding another issue where the trust can be useful. In my article On my Death, Please, Take a Breath I described how an inherited IRA was destroyed by ignorance. The beneficiary, fearing the stock market, withdrew it all and was nailed by taxes. He was on social security and no other income, so by taking small withdrawals each year would have had nearly no tax due. (and could have avoided 'market' risk by selling within the IRA and buying treasuries or CDs.)  He didn't need a trust of course, just education. The deceased, his sister, might have used a Trust to manage the IRA and enforce limited withdrawals. Mixing IRAs and trust is complex, but the choice between a $2000 expense to create a trust or the $40K tax bill he got is pretty clear to me. He took pride in having sold out as the market soon tanked, but he could have avoided the tax loss as well. He was confusing the account (In this case an IRA, but it could have been a 401(k) or other retirement account) with the investments it contained. One can, and should, keep the IRA in tact, and simply adjust the allocation according to one's comfort level.  Note - Inheritance tax laws change frequently, and my answer above was an attempt to be generic. The current (2014) code allows $5.34M to be left by one decedent with no estate tax."}
{"_id": "534291", "title": "", "text": "If you are an entrepreneur, and you are looking forward to strike on your own ( the very definition of entrepreneur) then I suggest that you don't invest in anything except your business and yourself. You will need all the money you have when you launch your business. There will be times when your revenue won't be able to cover your living costs, and that's when you need your cash. At that point of time, do you really want to have your cash tie up in stock market/property? Some more, instead of diverting your attention to learn how the stock market/property works, focus on your business. You will find that the reward is much, much greater. The annual stock market return is 7% to 15%. But the return from entrepreneurship can be many times higher than that. So make sure you go for the bigger prize, not the smaller gains.  It's only when your business no longer requires your capital then you can try to find other means of investment."}
{"_id": "534294", "title": "", "text": "&gt; ...if we can't trust people to know what they want...  I'm not saying people don't know what they want.  I am saying what people want is easy to influence and every large, successful company does so.  &gt; When you say that not being able to resist buying skittles is a serious problem, while there are still people living on the streets, I think you need some perspective.  I think both problems have the same issues at their core -- what is best for corporate America is not always what is best for the greater good.  &gt; I'd wager that what you're seeing as you get older is the poverty trap...  No, what I see is that people solve problems as best they can with the tools they have learned. People make bad choices because they have an incomplete and/or bad assortment of tools to use.  For example, someone might be worse off in life because he/she never learned the value of good organization skills.  Another example is one person in a couple being unable to trust his/her partner because everyone before was untrustworthy.  &gt; ...which is caused by barriers to expanding earnings...  Just had to throw your primary assertion back in, didn't ya? /grin  &gt; I'd still like to know whether you believe you yourself need to be protected from these marketing practices...  I do believe I need protection from company marketing practices.  I also believe I need protection from their products, influences on the market, environmental impacts, and employee treatment.  FYI, I don't believe impulse buying racks at stores should be illegal but I do think it is a great illustration of how a company caters to needs that are different than our true innate needs."}
{"_id": "534313", "title": "", "text": "Ya maybe - I mean, what they did was incredibly wrong and immoral but I don't believe it was illegal so I doubt it's a realistic premise.  What is realistic however, is a timberwolves team that upsets the playoffs all the way to conference finals.  After a year in Cleveland, can you picture a scenario where Rose takes a vet min, maybe a 2 year stint working with the young guys.  Wolves bench leaves much to be desired so I'm sure that will be FO thibs next focal point, I just think it would be nice."}
{"_id": "534323", "title": "", "text": "Since the vast majority of fund managers/big investors run private entities, it's not possible to track their performance. It's possible to look at what they are holding (that's never real-time information) and emulate their performance."}
{"_id": "534331", "title": "", "text": "&gt; I would dare say that in most cases, people end up paying more in taxes, because they pay it as regular income rather than LTCG.  That's not how it works.  There's no LTCG tax on Roth accounts.  And on regular investment accounts you're taxed twice.  You first pay regular income tax and then pay LTCG tax on any gains.  The main advantage of 401ks is that you don't ever pay capital gains tax.  You're only taxed once on the money."}
{"_id": "534333", "title": "", "text": "\"The notion that you can put product on the web and sit back and watch the money roll in is a myth, plain and simple.  If you put content on the web and expect people to pay money for your products (t-shirts, etc), you have to do the work to get your stuff seen by people, and preferably the right kind of people who will buy your stuff. That means you need to know your market and provide something that they are eager to pay for. This doesn't necessarily mean buying advertising to direct traffic to your site - there are plenty of no-cost ways to bring people to your web site, but instead of costing $$ the cost is in effort and time that you have to put into it. Also keep in mind that the more participants you have in your production and fulfillment pipeline, the less you will make off every sale. Hands-off production services like Zazzle or Cafe Press do everything for you, all you have to do is provide the artwork.  However, they also take all the income and pay you a rather piddling percentage of sales.  You can get a larger percentage of sales if you do more of the work yourself - like handmade items sold on Etsy.  But then, you're doing work. Maybe you'll get $1 for each T-Shirt you sell.  If you just upload your artwork to the production service and type in some product description text into their web sales catalog, how many sales will you make in the first month?  Most likely somewhere between zero and two.  Why should anyone buy your shirt over the tens of thousands of other designs carried by the same production service?  It's your responsibility to tell people about your stuff and send them to the site to buy it.  And that means it's not a \"\"passive\"\" income. For truly passive income, invest in bank CD's, treasury bonds, or in stocks that pay dividends.  The only problem with that is you have to have money to make money this way. :/\""}
{"_id": "534334", "title": "", "text": "You are right, but my point is that high wages/benefits cost money. If consumers aren't willing to pay for them, then, why do we expect it?  In a selfish society where everyone looks only for their short-term gain, these kind of things are inevitable..."}
{"_id": "534336", "title": "", "text": "\"You must have $x of taxable income that year in order to make a contribution of $x to IRA for that year. It doesn't matter where the actual \"\"money\"\" that you contribute comes from -- for tax purposes, all that matters is the total amount of taxable income and the total amount of contributions; how you move your money around or divide it up is irrelevant.\""}
{"_id": "534370", "title": "", "text": "In the United States, when key people in a company buy or sell shares there are reporting requirements.  The definition of key people includes people like the CEO, and large shareholders. There are also rules that can lock out their ability to buy and sell shares during periods where their insider knowledge would give them an advantage. These reporting rules are to level the playing field regarding news that will impact the stock price.  These rules are different than the reporting rules that the IRS has to be able to tax capital gains. These are also separate than the registration rules for the shares so that you get all the benefits of owning the stock (dividends, voting at the annual meeting, voting on a merger or acquisition)."}
{"_id": "534391", "title": "", "text": "Does my prior answer here to a slightly different question help at all? Are there capital gains taxes or dividend taxes if I invest in the U.S. stock market from outside of the country?"}
{"_id": "534392", "title": "", "text": "Manufacturer of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php Shri Vinayak Industries - Whiteness of our product is 90 to 100 percent without any kind of doubt. We have very up market quality of Talc Powder or Soap stone powder for ceramics, porcelain and many more. The talc powder is extensively used in so many different industries, such as plastic, rubber, EVA, PVC cable, paper, and cosmetic, pharmaceutical, food industry and ceramic."}
{"_id": "534400", "title": "", "text": "It's an SEC standard for certain items. It is NOT indicative of fair market value. It could be useful to compare companies to each other, but again, would not indicate intrinsic value.  Does it make sense, for example, to discount Saudi Aramco at the same exact rate as BP or Exxon?"}
{"_id": "534404", "title": "", "text": "Very difficult to determine. I know the article wasn't meant to be conclusive, so some additional considerations:  * Industries: other industries may be affected differently  * Population growth: if wage increase caused higher population growth, this would affect employment  * Employment demographics: what % of change is attributable to those jobs around the minimum wage level  * Sales (not profit): if the 'extra money to spend' theory holds, one would expect sales to have grown at an abnormal rate for affected industries  * Rate of technological adoption (proxy: CapEx): did businesses start to implement more/new technologies and within what time frame were/will these implemented"}
{"_id": "534413", "title": "", "text": "This is how I feel. Especially coming from an institution that isn't highly regarded. It's a way to show that I'm just as good as everyone else. How many new graduates do you think even have taken a CFA exam? Probably not that many."}
{"_id": "534418", "title": "", "text": "In general I would recommend to stay away from any video from a successful trader, at least those that claim to share their secrets. If they were that successful, why would they want company?  What they have most likely discovered is that they can make more money through videos and seminars than they can through trading. While not a video, GetSmarterAboutMoney has a good basic section on Stock markets without being purely Canada centric (as I see from your profile you are in NY). I know that also in our city, there are continuing education courses that often go over the basics like this, if you have a college nearby they might have something. Cheapest of all would be to hit your local library.  The fundamentals don't change that quickly that you need the latest and greatest - those are much more likely to be get-poor-quick schemes. Good Luck"}
{"_id": "534424", "title": "", "text": "I worked for someone who has been self employed in that business 20 yrs. She still has a difficult time asking for the money she's earned. Strangely, her husband doesn't!  Also, he learned to fire poor employees ASAP. In thier small business, you can't afford to have a lazy, crude, dishonest or childish (needing supervision) employee. Get them out as soon as you realize they can't be helped."}
{"_id": "534454", "title": "", "text": "TurboTax online works via Firefox (i.e. it is a cloud-based service.) I don't think any downloaded software is available directly for Linux."}
{"_id": "534471", "title": "", "text": "This sounds a lot like an Equity-indexed Annuity.  They date from about 1996 (there is a bit of skepticism about them, as they are tricky to understand for the typical investor).  For instance, an equity indexed annuity pays a portion of the gain in an index (like S&P 500) when the stock market rises, and guarantees you won't lose if it falls.  In an arbitrage sense, it is roughly equivalent to buying a mixture of bonds and index (call) options. There are a lot of complicated 'tweaks' on these, such as annual ratchet/annual reset, interest caps, etc. There is quite a bit of debate about whether they are too good to be true, so I'd read a few articles with pros and cons before buying one. These are also commonly called FIA (Fixed indexed annuities)."}
{"_id": "534472", "title": "", "text": "No.  I have several that I haven't used in a year or so (legacy of the time when they gave you money to sign up :-)), and credit rating's something over 800 last I checked."}
{"_id": "534478", "title": "", "text": "My understanding was that if a company buys back shares then those shares are 'extinguished' I.e. the rest of the shareholders now own a greater portion of the company. However, if there is only one share left, then the company could not buy it because doing so would extinguish it leaving the company without an owner. That result would run contrary to the requirements for an incorporated company in countries like NZ and Australia."}
{"_id": "534491", "title": "", "text": "\"I suppose I do tend to talk down to people who, when asked if they believe a country should enforce its borders, respond by stating they \"\"don't believe in countries\"\".  It's a character flaw.  (I upvoted you to try and keep you in the positive).\""}
{"_id": "534493", "title": "", "text": "\"You owe only $38,860 to pay off your loan now, possibly less.   From what you say about your loan, tell me if I got this right: 30 year loan $75,780 original loan amount 9% annual interest rate $609.74 monthly payment You have made 272 payments Payment number 273 is not due until late 2019, possibly early 2020 If I have correctly figured out what you have done, you have been making monthly payments early by pulling out payment coupons before they are due and sending them in with payment.  You are about 4 years ahead on your payments.   If I have this correct, if you called the bank and asked \"\"what is my payoff amount if I want to pay this loan off tomorrow\"\" they would answer something like $38,860.  When you pay a loan off early, you don't just owe the sum of the coupons still remaining.  In your case, you owe at least $16,000 less! Indeed, if there is some way to convert your 4 years of pre-payments into an early payment, you would owe even less than $38,860.  I don't know banking law well enough to know if that is possible.   You should stop pulling coupons out of your book and paying them early.  Any payments you make between now and when your next payment is actually due (late 2019 sometime?) you should tell the bank you want applied as an early payment.  This will bring your total owed amount down much faster than pulling coupons out of your book and making payments years early.   If there is someone in your family who understands banking pretty well, maybe they can help you sort this out.  I don't know who to refer you to for more personal help, but I really do think you have more than $16,000 to gain by changing how you are paying your mortgage.   Good luck!\""}
{"_id": "534516", "title": "", "text": "\"You should probably bing (feck google) phrases like \"\"president proposes, congress disposes\"\" and \"\"President's budget rejected\"\" to get a handle on the process.  I sincerely wish we could have a president that would stand up to congress and exercise their veto option more often.   The only way out of this mess is to stop sending corrupt asshats to congress year after year (after year).\""}
{"_id": "534518", "title": "", "text": "A CD will give you a higher rate of return.  The tradeoff is you cannot access your money until the CD matures. If you need the ability to get your money, you should choose a savings account.  If you won't use your money for awhile, choose a CD. Right now interest rates are so abysmal, you aren't going to get much return with either (so I would recommend against locking up your money in a CD)."}
{"_id": "534527", "title": "", "text": "With Global Tiger Day coming up this 29th of July, take a look at the top 5 safaris you cannot miss out on. With over 2200 Tigers in India, there\u2019s a safari within arm\u2019s reach for anybody and everybody."}
{"_id": "534528", "title": "", "text": "My least favorite thing about Wendy's hamburgers are their buns. They're so full of sugar. Not to say Burger King or McDonalds buns aren't, but Wendy's ruins a much better burger with the mediocre bun. Wendy's fries are probably the worst out of the three.  Their chicken nuggets and chili can't be beat, and neither can the frosty. Most of my trips to Wendy's involve those 3 items.  The edge McDonald's has over BK and Wendys: Many locations are either open late or open 24 hours, and they have a much larger menu."}
{"_id": "534550", "title": "", "text": "You're torn between believing in him actually having the intellect to be a VC and the fact that he has actually funded money into a company suggesting he is a VC. I mean, technically he is one by definition standards but he just isn't a VC when there is somebody else forcing his hand.   That's my view anyway, feel free to poke at it :)"}
{"_id": "534552", "title": "", "text": "The calculation can be made on the basis that the loan is equal to the sum of the repayments discounted to present value.  (For more information see Calculating the Present Value of an Ordinary Annuity.) With Deriving the loan formula from the simple discount summation.  As you can see, this is the same as the loan formula given here. In the UK and Europe APR is usually quoted as the effective interest rate while in the US it is quoted as a nominal rate.  (Also, in the US the effective APR is usually called the annual percentage yield, APY, not APR.) Using the effective interest rate finds the expected answer. The total repayment is \u00a330.78 * n = \u00a31108.08 Using a nominal interest rate does not give the expected answer."}
{"_id": "534577", "title": "", "text": "Supplier of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php Shri Vinayak Industries-Talc is used as an extender and filler in paints. In plastics it is mainly used as filler. Talc Powder is used in the manufacturing of ceramics products such as bathroom fixtures, ceramic tile, pottery, and dinnerware. Talc as a mineral filler can improve the opacity, brightness, and whiteness of the paper. Ground talc is used as the powder base of many cosmetic products.\u00a0In pharmaceuticals, talc is used mainly as a basis for powders."}
{"_id": "534584", "title": "", "text": "&gt; the gov't caused that, not free markets  News flash: free markets have bubbles, liquidity crashes, structural unemployment, etc  There may certainly be ways the government made things worse, e.g. the entirely strange notion of government insured mortgages, but Wall Street is plenty capable of fucking shit up.  The whole fucking point of of the CDOs was to make money putting them together and then unload them onto some other poor schmuck (e.g. private pension fund)."}
{"_id": "534587", "title": "", "text": "SE:Personal Finance user Ray K says in a comment on this question that his or her broker said: a company cannot release any significant news in a share-holder meeting that is not publicly accessible / open, similar to how earnings releases are available to the entire public at the same time, not just to a few attending a meeting."}
{"_id": "534588", "title": "", "text": "On Credit Cards [I am assuming you have a Visa or Master card], the RBI does not decide the rate. The rate is decided by Visa or Master. The standard Sheet rate for the day is used. Additionally SBI would mark it up by few paise [FX mark-up spread]. This is shown as mark-up fee. The rate of USD Vs INR changes frequently. On large value [say 1 million] trades even a paise off makes a huge difference and hence the rate is constantly changing [going up or down]. The rates offered to individuals are constant through out the day. They change from day to day and can go up for down. Recently in the past 6 months if you read the papers, Rupee has been going down and is at historic low. On a give day there are 2 rates; - Bank Buy Rate, ie the rate at which Bank will BUY USD from you. Say 61. So it will buy 100 USD and give you Rupees 6100. - Bank Sell rate, ie the rate at which Bank will SELL USD to you. Say 62. So if you want 100 USD, you need to give Bank 6200. The difference between this is the profit to bank."}
{"_id": "534597", "title": "", "text": "\"A dividend is one method of returning value to shareholders, some companies pay richer dividends than others; some companies don't typically pay a dividend.  Understand that shareholders are owners of a company.  When you buy a stock you now own a portion (albeit an extremely small portion) of that company. It is up to you to determine whether holding stock in a company is worth the risk inherent to equity investing over simply holding treasury notes or some other comparable no risk investment like bank savings or CDs.   Investing isn't really intended to change your current life.  A common phrase is \"\"investing in tomorrow.\"\"  It's about holding on to money so you'll have it for tomorrow.  It's about putting your money to work for you today, so you'll have it tomorrow.  It's all about the future, not your current life.\""}
{"_id": "534603", "title": "", "text": "But it isn't creating energy 17 times faster than conventional / reliable power sources, so these jobs are evidence of waste and inefficiency, not promise.  It's also proof that subsidies and mandates can in fact shape market results."}
{"_id": "534607", "title": "", "text": "In the US, the bank is legally required to report any cash transactions over 10k$ to the government. This normally has no consequences, and you will never hear about it. No need to worry about it. If the amount is very high, or you do it repeatedly, or the government has other (pre-existing) reasons to look at your finances sharply, they might ask you where the money came from and what you did with it, but your explanation is perfectly fine (assuming it is true). The idea is to catch money-launderers that try to get large illegal cash incomes into the banking system. Classic example is the drug lord who makes a million a month in cash from selling drugs, and needs to get this million into the banks (as you can't buy houses or luxury cars or yachts with cash without getting FBI attention right away)."}
{"_id": "534618", "title": "", "text": "It just occured to me that the larger the debt the easier it is for the Fed to strangle the economy, concentrate wealth even more, and choke off government spending on things other than debt service.  It is a huge problem that the US government appears to be in a permanent structural deficit that gets bigger both during expansions AND contractions."}
{"_id": "534623", "title": "", "text": "\"I am no expert by any means in divorce situations, but it seems like you probably have more than enough evidence (if you can back up everything you outlined here) that the living conditions an her place are not suitable for kids.  This ought to be enough for you to gain sole custody of the kids.  Maybe you didn't want to keep their mother in the equation for their benefit, but right now it's not to their benefit for her to be in the equation. The honest truth is that you're not in a position to help her being divorced.  You can't force her to do anything as things stand now.  But if you take legal actions to gain sole custody you might be able to lay down some conditions under which she could regain partial custody of the kids.  This might be the \"\"scare\"\" approach you're looking for if she cares about her children.\""}
{"_id": "534645", "title": "", "text": "I'd rent and put the $30K/ yr into savings. When the short sale comes off your credit, you'll have a substantial downpayment.  You don't mention the balance, but the current rate you're paying is 3% too high. Even if you get the rate reduced, you have a $100K issue.  I recommend reading through Will Short Sale Prevent Me From Getting VA Home Loan Later? A bit different question, but it talks more about the short sale. A comment for that question makes a key point - if you have a short sale, will the bank chase you for the balance? If not, you have a choice to make.  Adding note after user11043 commented - First, run the numbers. If you were to pay the $100K off over 7 years, it's $1534/mo extra. Nearly $130K, and even then, you might not be at 80% LTV. I don't know what rents are like in your area, but do the math. First, if the rent is less than the current mortgage+property tax and maintenance, you will immediately have better cash flow each month, and over time, save towards the newer house.  If you feel compelled to work this out and stay put, I'd go to the bank and tell them you'd like them to recast the loan to a new rate. They have more to lose than you do, and there's nothing wrong with a bit of a threat. You can walk away, or they can do what's reasonable, to just fix your rate. With a 4% rate, you'd easily attack the principal if you wish. As you commented above, if the bank offers no option, I'd seriously consider the short sale. There's nothing wrong with that option from a moral standpoint, in my opinion. This is not Bedford Falls, and you are not hurting your neighbors. The bank is amoral, if not immoral."}
{"_id": "534649", "title": "", "text": "\"Certain parts of the black-scholes model [d2 and N(d2)] are sometimes used to predict default (Merton model).   Furthermore, using options on the firms equity, one can derive the implied volatility of them firm. This can also be reflected in the above (Merton model) to calculate the \"\"risk\"\" or volatility of the firm's assets.   Honestly there are numerous ways one can use the B/S model to price a variety of things. Did they say anymore more specific?\""}
{"_id": "534654", "title": "", "text": "Look I agree with you in theory.   In practice, it is quite different.   The fact that there is way more educated people than is even remotely necessary. The extreme vast majority of jobs out there DO NOT even require actual ability to get a diploma, let alone a degree.   Think about your daily life: with whom do you actually deal with that requires much of an education? Few people are going to pay more to their barista, retail sales or car detailer because they have an advanced degree.    Everybody having a college degree drives the value down for everybody...which is exactly what is happening.    Things need to be turned on their head. I propose that Colleges need to receive their income as a percentage of the first 10-15 years of income from their students.  It will cut down on bogus baloney degrees, concentrate on valuable students (even those with questionable academics like Steve Jobs and Larry Ellison) and concentrate on degrees with high future value.   However, when you get 2500 applications for a lower-end job, I would immediately take it down to those with a degree because it's easy and nobody will second guess you."}
{"_id": "534670", "title": "", "text": "There is no such animal. If you are looking to give up FDIC protection, investing in a short-term, high quality bond fund or a tax-free bond fund with short durations is a good way to balance safety vs. return. Make sure you buy funds -- buying individual bonds isn't appropriate for folks without a high net worth. Another option is savings bonds, but the yields on these is awful today."}
{"_id": "534686", "title": "", "text": "World Recovery Centers operate substance abuse and addiction recovery treatment programs in the United States and all over the world. We provide the best addiction treatment recovery, who is addicted to opiates, alcohol, drugs and substance abuse. Dr. Alan Meyers is the founder of this center, which has been helping those people with substance and alcohol addictions for over 30 years."}
{"_id": "534702", "title": "", "text": "No, don't open a credit card. Get used to paying cash for everything from the beginning. The best situation you can be in is not to have any credit. When it comes time to buy a house, put down %30 percent and your 0 credit score won't matter. This will keep you within your means, and, with governments gathering more and more data, help preserve your anonimity."}
{"_id": "534712", "title": "", "text": "Why is it OK for companies to lose all of our personal information with absolutely no penalties?  If the government fined these companies a dollar per SS number lost you bet your ass they'd start actually paying attention to security for a change."}
{"_id": "534721", "title": "", "text": "No. Bonds don't work like that.  When you buy a bond, you buy pieces of notional at a price. 1K denotes the amount you would get back at maturity (+ coupons), So the smallest piece size would be 1k.  I've even seen 50K plus but thats for more illiquid products...."}
{"_id": "534725", "title": "", "text": "Question: My job that I've been with for 2 1/2 yrs offers a 401k, but doesn't match. I have an account, but it's still sitting with my old employer. The fact that my new job doesn't match and how I've heard so many mixed things about 401k has lead me to not signing up. I'm 40; I need to be doing something to save for retirement. Any advice would be appreciated. Should I invest in 401 anyway or put the money I was going to put in there someplace else? If someplace else, where? Also who would I talk to about money someplace else. I, admittedly, am really bad about all of this stuff, but need to change. My wife and I make 100k combined and should be getting things more together for our future. She has a 401k going, but that's about all we have. Thanks again"}
{"_id": "534734", "title": "", "text": "\"Systemic and well know patterns in sales are priced in to the security.  Typically companies with very cyclical earnings like this will issue guidance of earnings per share within a range.  These expected earnings are priced in before the earnings are actually booked.  If a company meets these expectations the stock will likely stay relatively flat.  If the company misses this expectation, the stock, generally, will get slammed.   This kind of Wall Street behavior typically mystifies media outlets when a company's stock declines after reporting a record high level of whatever metric.  The record high is irrelevant if it misses the expectation. There is no crystal ball but if something is both well known and expected it's already been \"\"priced in.\"\"  If the well known expected event doesn't occur, maybe it's a new normal.\""}
{"_id": "534755", "title": "", "text": "There is a strategy called merger-arbitrage where you buy the stock of the acquired company when it sells for less than the final acquisition price. Usually the price will rise to about the acquisition price fairly rapidly after the merge is announced, so you have to move fast. The danger is that the merger gets called off (regulatory reasons, the acquired company board votes no) and you get left holding shares bought at a price higher than the price after the merger collapses. This is kind of an advanced strategy and a tough one to back test since each M&A deal is unique."}
{"_id": "534786", "title": "", "text": "I recently spoke with people working in IBD at a BB bank, and they say that it is more that certain aspects of the job are going to disappear, not the entire job itself. If automation can free up time that was usually spent on things such as data entry, that is a good thing for bankers."}
{"_id": "534793", "title": "", "text": "This is complete bullshit.  To imply a grand conspiracy amongst the upper middle class to construct a barrier to the rest of the middle class' ability to move up is ludicrous.   Does the author think there are clandestine meetings where zoning rules and sandwich ingredients are laid out for execution by brainwashed proletariat to suppress those excluded from the agenda.  How about it is hard work and good parenting?  As someone who grew up in a small midwestern agricultural community, married to an immigrant, I worked hard to get my own education, live in an affluent community, educate my children, and be sure that they have a good start to continue our life style.  To imply that I'm repressing my fellow citizens, either consciously or unconsciously is just propaganda."}
{"_id": "534795", "title": "", "text": "401Ks and IRAs are types of retirement accounts. They have rules regarding maximum amount of investments per year; who can invest; destructibility; and the tax treatment of the growth.  Stock, bonds, mutual funds, ETFs are all types of investments that can exist either inside or outside of the retirement account. Some 401Ks restrict the type of investments you can have, others allow you to own almost anything. Any investment is a risk, and there is no guarantee that it will grow.  Look around the site for beginning investment advice. You should start with the 401K offered by your company especially if they have matching funds. That is free money. Many suggest you invest enough to get the match, then invest with an IRA. Look into IRAs because under US tax law you can still make a 2013 investment up until tax day 2014. Take the time before tax day to decide on Roth or Regular IRA.   The more exotic investments take more time to understand and should not be a concern until you have laid out your basic retirement accounts."}
{"_id": "534796", "title": "", "text": "Brokers usually have this kind of information, you can take a look at interactive brokers for instance: http://www.interactivebrokers.co.uk/contract_info/v3.6/index.php?action=Details&site=GEN&conid=90384435 You are interested in the initial margin which in this case is $6,075. So you need that amount to buy/sell 1 future. In the contract specification you see the contract is made for 100 ounces. At the current price ($1,800/oz), that would be a total of $180,000. It is equivalent to saying you are getting 30x leverage. If you buy 1 future and the price goes from $1,800 to $1,850, the contract would go from $180,000 to $185,000. You make $5,000 or a 82% return. I am pretty sure you can imagine what happens if the market goes against you.  Futures are great! (when your timing is perfect)."}
{"_id": "534806", "title": "", "text": "Having all your funds in an illiquid format instead of any liquid investment (shares, bonds, TD) is highly unusual as it makes these events occur.  I'm an investment banker having your investments appropriately staged to deal with liquidity events is a major aspect of this.  For someone apparently worth a billion dollars being unable to pay a $7m tax liability from 2010 is weird.  If I had a tax event equal to 0.07% of my networth I'd either have the cash or shares to sell to meet that liability.  Yet he posts pictures of uncashed cheques while the IRS hasn't been paid since 2010.  50 Cent did this...   Edit. Downvoting without even a comment is the reddit way of saying I'm right..."}
{"_id": "534809", "title": "", "text": "\"The Equity balance is your Assets (stuff you own) minus your Liabilities (debts you owe to others). It represents your \"\"net worth\"\" - how much money you would have when you would pay all your debts. When you want anything to show up in Equity, you need to make use of the asset and liability sheets. As long as you only manage Income and Expenses, your equity won't change. When you want to \"\"save\"\" money so the saved up money appears as an Asset and thus affecty your Equity, book it as an expense to your Cash or Bank asset account. For more information, check Chapter 3 of the GNUCash manual.\""}
{"_id": "534810", "title": "", "text": "The property buys understanding and advising the property proprietor of the date of the culmination of the development venture, flat, estate, house and office. We provide the best service of Real estate purchase and sale contracts. We typically prescribe that customers hold all property for the sake of a Panamanian partnership for resource security and pay to assess reasons. t ought to be noticed that Panamanian common law puts the weight of duty on the dealer to react to the purchaser for lawful and tranquil ownership."}
{"_id": "534828", "title": "", "text": "\"NO! They're the *victims* of that development. The music that gets sold today as \"\"the sound of the 60s/70s/80s\"\" is the lowest-common-denominator crap that was acceptable to commercial radio owners -- even the DJs hated it.   \"\"Boomers\"\" had a whole other musical experience, esp. before the record companies yanked their advertising out of the widespread and rapidly growing underground press (effectively killing it) and dropped all the controversial acts in favor of material that could also be sold to television and Muzak. When young people today cite what they think of as 80s music -- never mind 60s and 70s -- it's completely alien to many of us, even though we certainly lived through those years. I don't know anybody who listens to that \"\"classic rock\"\" crap voluntarily, or ever did.  Of course, there will always be fabricated nostalgia -- I'm sure that after a couple of decades of pervasive indoctrination, some people by now believe they always listened to \"\"classic rock\"\" and have forgotten what they actually listened to on vinyl. But don't blame everybody in an age group when it's really the same greedheads who profit by appropriating culture and fucking up everything.  I need a big dose of Patti Smith right now.\""}
{"_id": "534837", "title": "", "text": "One should fund a 401(k) or matched retirement account up to the match, even if you have other debt. Long term, you will come out ahead, but you must be disciplined in making the payments. If one wants to point out the risk in a 401(k), I'd suggest the money need not be invested in stocks, there's always a short term safe option."}
{"_id": "534863", "title": "", "text": "Genetics and the environment you were raised in are entirely determined by luck. Developed from both of these are all of your traits, preferences, psychology, and personal philosophy through nurturing acceptance, enlightened exposure or rebellion. Taking responsibility for your actions and in-actions is what you did.   You have preferences to be sociable, convincing, hard-working, and good at whatever it is you do (broker?). All of these things are marketable and in line with a good strategy for our western/nepotistic/capitalist culture and the modern state of human nature. All of these things build up your sense of self and have you feel empowered and guess what: having confidence is also a desirable trait!   So lets say we take one of these traits away. Through the result of your upbringing and your genetics you are no longer sociable. Examples: genetics, child abuse, constant verbally abusive/belittling parents, etc. Luck of the draw. I wouldn't say that is the child's fault for being in that situation would you? So, now you are not sociable and you cannot network effectively. There goes your career. How unlucky."}
{"_id": "534869", "title": "", "text": "\"&gt; No conspiracy required. All you have to agree with is that having money makes it easier to make money and society will sort itself into classes that become further apart and harder to move between.  That wasn't the point of the article.  It stated that separation of classes was being actively orchestrated.  &gt;Those are important but exist in both rich and poor areas and it is a simple fact that you would get further with hard work and good parenting in a rich area than in a poor one.  Do you have anything to support your \"\"fact\"\"?\""}
{"_id": "534870", "title": "", "text": "Why do companies exist? Well, the corporate charter describes why the company exists. Usually the purpose is to enrich the shareholders. The owners of a company want to make money, in other words. There are a number of ways that a shareholder can make money off a stock: As such, maintaining the stock price and dividend payouts are generally the number one concern for any company in the long term. Most of the company's business is going to be directed towards making the company more valuable for a future buyout, or more valuable in terms of what it can pay its shareholders directly. Note that the company doesn't always need to be worried about the specifics of the day-to-day moves of the stock. If it keeps the finances in line - solid profits, margins, earnings growth and the like - and can credibly tell people that it's generally a valuable business, it can usually shrug off any medium-term blips as market craziness. Some companies are more explicitly long-term about things than others (e.g. Berkshire Hathaway basically tells people that it doesn't care all that much about what happens in the short term).  Of course, companies are abstractions, and they're run by people. To make the people running the company worry about the stock price, you give them stock. Or stock options, or something like that. A major executive at a big company is likely to have a significant amount of stock. If the company does well, he does well; if it does poorly, he does poorly. Despite a few limitations, this is really a powerful incentive. If a company is losing a lot of money, or if its profits are falling so it's just losing a lot of its value as a business, the owners (stockholders) tend to get upset, and may vote in new management, or launch some sort of shareholder lawsuit. And, as previously noted, to raise funds, a company can also issue new shares to the market as a secondary offering as well (and they can issue fewer shares if the price is high - meaning that whatever the company is worth afterward, the existing owners own proportionally more of it)."}
{"_id": "534871", "title": "", "text": "Because salaries aren't high enough.  If the salaries were higher more people would pursue that field.  I'm not going to begrudge anyone making billions, but Microsoft is raking in cash, and it's obvious that they'd rather horde it than spend it on talent.  Well, ask a professional sports team about that equation.  Just because salaries are in the 100s of thousands doesn't mean that they're too high.  Especially when you look at these companies financial filings."}
{"_id": "534886", "title": "", "text": "\"So after you've learned about bonds, you might find yourself learning about interest rates.  You might, in fact, discover that there's no such thing as a \"\"correct\"\" interest rate, or even a true \"\"market\"\" interest rate.    PS We already had the housing bubble.  It has come, and gone.  What *new* bubble are you referring to?\""}
{"_id": "534887", "title": "", "text": "\"Typical Human Advisor: Advantages: They can recommend funds and allocations that fit to your portfolio. Disadvantages: Those who are just fund salespeople in disguise will usually recommend poor-performing funds for higher commission pay. Their advice will not be much different from random person internet advice. When your portfolio drops, they still get paid, and they don't care because they are not a fiduciary. Robo-Advisor: Advantages: Rules are automated, and typically based on crunched numbers. Somebody else executes the trades, and remembers to rebalance your portfolio when you'd usually forget to. Disadvantages: Not always accurate, usually relies on momentum from popularity. No one at the helm to adjust for risk. If you follow, you'll usually just lag behind. Yet, those with simple, low-cost diversified ETF portfolios can be attractive. Market ETFs: Advantages: Low cost funds that typically match the market. High performance. Easy to sell when you need to, zero decision making required, and you will be sure to nearly match the general market. Disadvantages: Boring. You need to enter your own orders, but you won't be doing that too often. No thrill except counting all the commas in your account. No wacky stories to wow your friends and family about your gambling addiction. Seriously, some people just can't help but take the high risk route. Newsletter / Portfolio / Online \"\"Expert\"\": Advantages: They usually have some idea of what indicators to look for and can make predictions about price movements. Disadvantages: Predictions are as frequently wrong as they are right. Good ones won't have much to say, and incompetent ones will write multi-paragraph essays about Fibonacci sequences, resistance levels, trends RSI, ROIT, everything that might show an indicator in some direction maybe... and it's usually forgotten by the next newsletter.\""}
{"_id": "534906", "title": "", "text": "Most of the people I know that own them are slightly older, and thus in their prime earning years, and many have paid off their homes. That can free up $1000 a month or more in monthly expenses, which would easily cover a nice luxury car payment.  If you've got it, and are into cars, why not? What's the point in having the biggest tombstone in the graveyard?"}
{"_id": "534909", "title": "", "text": "They have ETFs for most of what you listed above.  Except the deep-fried candy bars.  You know that's just a distributed candy bar that is THEN fried right?  They have a few religious ETFs as well as some socially responsible ones.   There is no reason to make one based on a single person's preference though - ETFs make their money on fees.  For that they need VOLUME.   Move Volume = More Money  Also, there are over 1,411 ETF's in the US as of 2014.  That means there are a lot of options already. You could always create your own if you are a great salesperson though. Source"}
{"_id": "534955", "title": "", "text": "Is it your assessment that Western influence is exacerbating Africa's  child labor/abuse issues or simply making them more visible?  I think the article attempts to villianize consumers/corporations but there is an argument that things would be worse for African countries if they didn't have Western support/trade partners.  I still think articles like this are important but the goal should be for Western corporations to use their huge influence to change third-world abuses.  Pulling out our money won't help but using money as an incentive is a huge motivator.  Anyway, I don't have the answers. Maybe an interesting conversation starter?"}
{"_id": "534963", "title": "", "text": "You probably cant live in Manhattan on 1800 per month with such little savings. Try for Brooklyn or Queens with several room mates. Jersey City is likely out of your price range as well.  It would be wise to leverage technology to help keep your budget and savings projections under control during this time and moving forward. Whether you use a spreadsheet or a tool like OnTrajectory.com or some other website -- you have to get everything out in front of you so you can make smarter decisions. Once you do that, then you will be able to get the most out of your savings and income. Good luck!"}
{"_id": "534967", "title": "", "text": "LOL, so you think smoking pot never affects anyone else in the country?   And you think all drugs should be legal and with zero restrictions?  At least alcohol has restrictions.   &gt; Adults in a free country shouldn't have to have their rights constrained because some person on the Internet thinks they know things.  Unless it affects others, which it does."}
{"_id": "534975", "title": "", "text": "\"Home equity loan is a kind of a mortgage loan. So you're basically asking \"\"what's better: mortgage or mortgage?\"\". Home equity loan is usually taken as a second mortgage on the house, while you're still paying the initial one, but accumulated some equity in the property. In the scenario you're describing, there's no \"\"second mortgage\"\", there's only one mortgage. You can call it \"\"The wonderful glorious bestest ever mortgage\"\" or you can call it \"\"home equity mortgage\"\", and it would make no difference to the essence. Look at the numbers, and decide which terms are better, not which name sounds nicer to you.\""}
{"_id": "534988", "title": "", "text": "\"Given that a poor person probably has much less to invest, how can odds be in their favor? To add to Lan's great answer, if one is \"\"poor\"\" because they don't have enough income to build wealth (invest), then there are only two ways to change the situation - earn more or spend less.  Neither are easy but both are usually possible.  One can take on side jobs, look for a better-paying career, etc.  Cutting spending can also be hard but is generally easier than adding income. In general, wealth building is more about what you do with your income than about how much you make.  Obviously the more you make, the easier it is, but just about anyone can build wealth if they spend less than they make. Once your NET income is high enough that you have investible income, THEN you can start building wealth.  Unfortunately many people have piles of debts to clean up before they are able to get to that point. What could a small guy with $100 do to make himself not poor anymore, right? Just having $100 is not going to make you \"\"rich\"\". There is a practical limit to how much return you can make short of high-risk activities like gambling, lottery tickets, etc. (I have actually seen this as a justification for playing the lottery, which I disagree with but is an interesting point).  If you just invest $100 at 25% per year (for illustration - traditional investments typically only make 10-12% on average), in 10 years you'll have about $931. If instead you invest $100 per month at 12% annualized, in 10 years you'll have over $23,000. Not that $23,000 makes you rich - the point is that regularly saving money is much more powerful than having money to start with.\""}
{"_id": "534991", "title": "", "text": "I have read numerous accounts of this, and yes, it is criminal, but no, they can't figure out who did, though presumably the people handling the accounts were guilty of this. Mutant human [Angelo Mozilo](http://en.wikipedia.org/wiki/Angelo_Mozilo)'s organization stands out as the worst offender in this regard with no trickery too extreme.  Ironically sourcing these particular accounts is difficult because of the sheer amount of material pertaining to subprime mortgages and fraud in general."}
{"_id": "534994", "title": "", "text": "ok as it goes here on reddit and across the world, thanks for offering a host of reasons as to why, what worked in the past wouldnt work again. It is easy to knock what worked in past, note the victorians, the US 1930's-1970's.  So Now why dont you offer a viable alternative.  let me just say a couple of things you while your thinking about it.  Without the middle class, there is no real working class (only slaves), without disposable income in the hands of the masses there is no market, thus no production, thus no more profit for the 1%.(and only slaves, slaves have no money they cannot buy the production, a slave is a working man without disposable income)  The Rich are not producing, they are hording. The middle class are been screwed totally. Many small business'are folding due to the extreme lack of funding as ll the funds are held in speculations. this has all happened many times before in the history of man and money you should know that.  Temporary jobs lead to the creation of more jobs, which lead to the creation of more jobs, disposable income leads to more jobs.   And just in case you have not noticed, we have mass unemployment unlike ever in the history of mankind, and it is not looking to get any better."}
{"_id": "534995", "title": "", "text": "The primary revenue streams are site management and recycling.  We've basically fallen off the face of Google with the last website redesign because the person had absolutely no clue what they were doing and used a template.  So we're getting torn to shreds by companies that have properly designed websites and a social media presence.  Because who the hell looks in a newspaper anymore for business services?"}
{"_id": "534997", "title": "", "text": "\"There is actually a restriction on how high a wage they can pay you. There didn't use to be, but now it has to be reasonable for the work you are doing, so they can't pay you $100/hr while other people doing the same work get minimum wage. You might ask why on earth a parent would want to pay a child way more than they're worth? The salary is tax deductible to the company. Then the child pays their \"\"expenses\"\" - hockey fees and equipment, field trips, birthday presents for their friends and so on - out of the money the company paid them.  They also save for their post-secondary education. The rest of the family budget now has a little more room, and the parents can lower their own salaries if they have expensive children. This means more net money in the company and less total income tax paid by the family for the same total income. My concern is that if your parents don't know whether or not you must be paid minimum wage (you must, there's no family exemption) then they also don't know whether you should have EI deducted (probably not) and various other special cases like eligibility for summer student subsidies. The firm's accountant should be able to help with these things and the company should know all this. It's not the role of a 14 year old to ask the Internet how to run a business, the business owners should know it.\""}
{"_id": "534999", "title": "", "text": "&gt; If a corporation pays poverty wages that I am then required to subsidise through my taxes,   be mad at the gov't then. the public is not supposed to have control over private businesses, they're supposed to have control over their gov't."}
{"_id": "535015", "title": "", "text": "I'm not sure about the laws in specific states. However it's part of their merchant agreement that they can not charge a fee for a customer paying with credit card. It's also against merchant agreements to require a minimum purchase to use a credit card, although this is less commonly enforced. Apparently (http://fso.cpasitesolutions.com/premium/le/06_le_ic/fg/fg-merchants.html) merchants can offer a cash discount. Offering payment by credit card, though practically a requirement in todays retail environment, is a privilege for the merchant. It's a way of making buying convenient for the customer. As a result, penalizing the customer in any way is not just against their agreement, but rather disingenuous as well. edit: here's a bit more information about what they can and can't do. Amex prohibits discrimination, so if a merchant can't do something to a Visa/MC customer they can't do it to an Amex customer either. http://fso.cpasitesolutions.com/premium/le/06_le_ic/fg/fg-merchants.html"}
{"_id": "535029", "title": "", "text": "Awesome to hear. Glad to help. You seriously have nothing to worry about. It's **SO** early. Study up. Know your shit. And be proactive.   That is one of the most badass pics I've ever seen. I love it. Good luck buddy."}
{"_id": "535041", "title": "", "text": "I have odd feet in that 80% of the shoes that are my size, don't fit unless I try them on. I can't and won't buy shoes online. Some things just do not work online. Clothing is also one of those things."}
{"_id": "535043", "title": "", "text": "A private company say has 100 shares with single owner Mr X, now it needs say 10,000/- to run the company, if they can get a price of say 1000 per share, then they just need to issue 10 additional shares, so now the total shares is 110 [100 older plus 10]. So now the owner's share in the company is around 91%. However if they can get a price of only Rs 200 per share, they need to create 50 more shares. So now the total shares is 150 [100 older plus 50]. So now Mr X's equity in his own company is down to 66%.  While this may still be OK, if it continues and goes below 50%, there is chances that he [Original owner] will be thrown out"}
{"_id": "535045", "title": "", "text": "Really simple quick fix.  Change the minimum wage from $60,000 to $200,000.  If you cannot find any workers in our entire country to take the job and need to literally import workers from across the globe surely the incredibly rare skill set you require is worth that much."}
{"_id": "535085", "title": "", "text": "I literally never opened the official books a single time for any of the three levels.  Schweser Notes and QBank for level 1, wiley for level 2, and Schweser Notes for level 3 (don't waste money on QBank for 2 or 3). Do those readings and as many practice exams as you can find, mixing and matching from different providers."}
{"_id": "535092", "title": "", "text": "I don't - there's bound to be a lag. That's a natural part of the business cycle. And even in instances where one industry is losing jobs but another industry is growing, workers still have to re-skill and this takes time.  I don't have a problem with menial jobs going away. However this puts a burden on the worker and on society to have an ever more-educated workforce. Which is not a bad thing."}
{"_id": "535110", "title": "", "text": "Let\u2019s turn this round. Now what if the only people willing to own part of company are doing it due to the expectation that they will make money in the short term form the company\u2026."}
{"_id": "535151", "title": "", "text": "There's another dimension here as currency conversion isn't necessarily the final answer.  As stated by others, converting money between the three should theoretically end up with the exact same value, less transactional costs.   However the kink is that the price of most products are not updated as the currencies change.  In many cases the price difference is such that even accounting for shipping and exchange fees, purchasing a product from a distributor in a foreign country can be cheaper than just picking it up at the local store.   You might even be able to take advantage of this when purchasing at a single store.  If that store is set up to accept multiple currencies then it's a matter of looking at the conversion rates the moment you are buying and deciding which one is the cheapest route for you.  Of course, this generally will not work for smaller purchases like a cup of coffee or a meal.  Primarily because the fee for the exchange might eclipse any savings."}
{"_id": "535164", "title": "", "text": "&gt; If you have a different currency from the U.S. Dollar, and it increases in value greatly, do you have to pay tax on that increased value relative to the U.S. dollar?  Technically, all profit you make as a US citizen or resident is subject to tax. It doesn't matter in what currency the profit takes place, and it doesn't matter if the profit never hits US dollars at all. You made profit, you owe tax.  Obviously the IRS is not going to bother with enforcing taxation on that Canadian twenty-dollar bill in your wallet from your last trip to Vancouver. But if you're sitting on a million dollars in Bitcoin profit, and the IRS finds out about it, expect them to start caring quite a bit.  &gt; There isn't much of a transaction record, is there?  There is in fact a detailed and public transaction record. What there isn't is an easy way to match wallets to people; however, all similar machine learning projects seem to indicate that it wouldn't be hard at all to make these matchups."}
{"_id": "535165", "title": "", "text": "Schwab Bank High Yield Investor Checking Account does not charge for incoming wires (both domestic and international), and has $0 monthly fee and minimum balance (plus they offer ATM fee rebates and no international surcharge). Schwab bank does not allow International wire transfers.  Accepts domestic only."}
{"_id": "535167", "title": "", "text": "It all stems from the Olympics trying to clean up its sports, so they required all of the governing bodies for the sports under their umbrella to begone signatories to the WADA code which, in an effort to harmonize and strengthen enforcement put a mutual recognition clause in their Code.  This way, say a French athlete is found to have doped at a US event, he wouldn't still be allowed to compete in France or in some other sport.  But the Pro Bowler's Association is not a WADA signatory, so you can dope and still bowl there.  Just don't be a member of the F\u00e9d\u00e9ration internationale des quilleurs."}
{"_id": "535187", "title": "", "text": "Can I sell section 54EC infra bonds before maturity? That would depend on the specific bond, some can be sold before maturity but after the specified lock-in period. Some are non-negotiable / non-transferable and cannot be sold before maturity The prospectus mentions that bonds in physical form can be transferred to another person or entity. Are there financial institutions that offer to buy these bonds? How do I find them? Banks will not do this. Any leading broker can help assist you in finding a buyer. Generally you may not find a good deal and the buyer doesn't get any tax benefit and would buy this only for returns and hence may want to buy this cheaper. The broker can assist you with the process, it involves sending of the physical certificate along with a letter and ownership details of new buyer to the registrar of the respective entity. A new certificate will be issued to the new owner."}
{"_id": "535200", "title": "", "text": "eBay is the worst of the worst.  I used it way back when it was fair to buyers and sellers.  These days, scammers can can get free stuff at your expense and then eBay will punish you on top of getting scammed."}
{"_id": "535207", "title": "", "text": "\"Did I do anything wrong by cashing a check made out to \"\"trustee of   <401k plan> FBO \"\", and if so how can I fix it? I thought I was just   getting a termination payout of the balance. Yes, you did. It was not made to you, and you were not supposed to even be able to cash it. Both you and your bank made a mistake - you made a mistake by depositing a check that doesn't belong to you, and the bank made a mistake by allowing you to deposit a check that is not made out to you to your personal account. How do I handle the taxes I owe on the payout, given that I had a   tax-free 1099 two years ago and no 1099 now? It was not tax free two years ago. It would have been tax free if you would forward it to the entity to which the check was intended - since that would not be you. But you didn't do that. As such, there was no withdrawal two years ago, and I believe the 401k plan is wrong to claim otherwise. You did however take the money out in 2014, and it is fully taxable to you, including penalties. You should probably talk to a licensed tax adviser (EA/CPA licensed in your State). My personal (and unprofessional) opinion is that you didn't withdraw the money in 2012 since the check was not made out to you and the recipient never got it. You did withdraw money in 2014 since that's when you actually got the money (even if by mistake). As such, I'd report this withdrawal on the 2014 tax return. However, as I said, I'm not a professional and not licensed to provide tax advice, so this is my opinion only. I strongly suggest you talk to a licensed tax adviser to get a proper opinion and guidance on the matter. If it is determined that the withdrawal was indeed in 2012, then you'll have to amend the 2012 tax return, report the additional income and pay the additional tax (+interest and probably underpayment penalty).\""}
{"_id": "535208", "title": "", "text": "&gt; Why is it not considered to be misleading business practices?  because the details (of below) were either included or available online  &gt; some sort of advance loan program  ...some sort of contractual agreement  it's legit but high interest"}
{"_id": "535234", "title": "", "text": "\"Any advertisement for a \"\"business opportunity\"\" is nearly always a scam of some kind. In such deals, the seller is the one making the money. They rely on the fantasy of the average person who imagines themself with a profitable business. Real businessmen do not get their businesses from flyers on the sides of telephone poles. Real businessmen already know every aspect and detail of their business already. They do not need to pay some clown $10,000 to \"\"get them started\"\". If you are reading such advertisements, it means you have money, but do not know what to do with it. Although I cannot tell you what to do with your money. I can tell you this: giving it to somebody who advertises a \"\"great business opportunity\"\" would be a mistake.\""}
{"_id": "535257", "title": "", "text": "On the contrary, you have no evidence that these kids are bitter and grumbling.  I'm not saying they have a good job/life, also change is not a privilege.  You and anyone can do it, first you have to know you can (sadly the kids in Indonesia probably don't know this), second you have to do it.  Yes it takes will and determination, but luck is only a small part of it (of course it helps).  Skill is only involved in what it might be trying to accomplish.  If you don't have the will and determination to change your situation, having the skill wont help and you don't have any business being bitter or grumbling.  Pack up the family, move across the country, try a different place.  Move to a different country.  Yes it takes effort, it can be hard if you don't have funds.  I know of many cases of people doing this, it only fails if you let it.  Stop blaming others, take some responsibility and do what needs doing.  If you work in something that's so specialized you can't do anything else, then you need to learn some new things.  I have employees that are this way.  Talk about wanting to go to collage, but can't afford it.  Its frustrating talking to them.  I know how much you earned over 4 months of summer work.  Your now going to live off that earnings for the next 8 months and come back in the spring and do it again.  (my employees are seasonal and we can't work in winter)  Instead of buying that new 4wheeler, go to fucking collage, you keep talking about how much you want to, don't brag about the $5k fish house you bought and the $7K snowmobile to go with it then bitch about being unable to go to collage and being trapped at work.  Go do what needs to be done.  The people that I see bitching the most, are the ones least likely to do anything about it.  Of course I don't interact with children in Indonesia or people who are slaves.  If you enter into the agreement to work, you are agreeing to is, be ok with the agreement or don't do it.  Saying no is a skill many people are not good at."}
{"_id": "535265", "title": "", "text": "This is a good problem to have. Having an over supply of labor is much worse. People can be hired and trained, starting them out at lower costs until they can fend on their own. At which point, they can leave to get paid more else where or get a raise. If there is demand, there would be no problem."}
{"_id": "535300", "title": "", "text": "Simply put, expansionary capex is seen as an investment and maintenance capex is seen as a cost.  In terms of valuation, free cash flow will not include expansionary capex because you are valuing the company as its current business. It's important to note that this approach will usually undervalue companies with strong investment opportunities.  Also, like /u/scarletham said, please edit out the identifying information to avoid any disclosure problems."}
{"_id": "535303", "title": "", "text": "Personal needs? No bank is going to give you that kind of cash without a real reason, usually with some equity backing it. From your post you say you are a student, so I doubt you even have the income to pay it back.  If banks just gave out cash like that people would disappear with it all the time."}
{"_id": "535307", "title": "", "text": "\"It's your business to pay what you owe but it's not your business to determine what you owe.  The \"\"Fair Debt Collections Practices act\"\" FDCPA proscribes certain steps creditors must go through to contact you.  You appear to not have received any active contact or demand, but you can still cite the FDCPA to make it their problem. Write to the creditor's address (I assume its the hospital, the OP isn't clear), use USPS Certified Mail Return Receipt Requested, asking them to validate that you owe this debt by mail in 5 days, as is your right under the FDCPA.   If they get back to you and you agree (or its reasonably plausible) you do owe it, pay it especially if it's on the order of $100.  At least you will know it is settled at the source.  Cross reference to your insurance claims to be sure its not double billed or a miscredited copay, but you may see many legit separate charges from one ER visit (hospital,  doctor, anesthesiologist,  etc) and it would not be the first time a medical billing system crapped the bed. If you don't hear anything after a few weeks, use the credit report protest process (or write to them, cc: the Federal Trade Commission) contesting the validity of this report.  The creditor did not respond to your FDCPA request for validation (copy of the Return Receipt); and you otherwise believe you are current with the hospital.  Per the Fair Credit Reporting act,  they must investigate.  Fight bureaucratic fire with fire: conduct all business by mail, and make liberal use of certified mail return receipts.  Its a $6 way to telegraph you know that they have specific federal law timeliness requirements; and you have a federal timestamp signed by someone in their organization.\""}
{"_id": "535314", "title": "", "text": "I think you're looking at the picture in an odd way. When each of you made your initial investments and determined what portions you owned, that gave the company capital that they could use to finance its operations. In return, you are entitled to the future profits of the company (in proportion to your ownership). Any future investment by either of you is at your own discretion. Your company now faces a situation where it would like to pursue a potentially lucrative opportunity, but needs more capital than it has to do so. So, you need to raise more capital. That capital can come from one or both of you (or from an outsider). Since that investment would be discretionary, what the investor gets is a negotiation: the company negotiates with the investor how much equity (in the form of new shares) to award in exchange for the new investment (or whatever other compensation you decide on, if not equity)."}
{"_id": "535317", "title": "", "text": "I am very happy with Charles Schwab.  I use both their investing tools and banking tool, but I don't do much investing besides buy more shares a random mutual fund I purchase 4 years ago I did once need to call in about an IRA rollover and I got a person on the phone immediately who answered my questions and followed up as he said he would. It is anecdotal, but I am happy with them."}
{"_id": "535331", "title": "", "text": "\"No idea what you are trying to say here.   You default on a loan, student or otherwise, by not paying.  That is what creates the default, but you still owe it.   Student loans actually can be discharged, but it is very uncommon and an uphill battle.  You have to prove \"\"undue hardship\"\" which has a rather high standard.  The last firm I worked at did manage to get a large amount of student loans discharged for someone who was in a car wreck and became a quadriplegic after incurring the student loan.  And even that was not an easy case,  my old firm was actually rather pleased at their success.\""}
{"_id": "535340", "title": "", "text": "\"As user quid states in his answer, all you need to do is open an account with a stock broker in order to gain access to the world's stock markets.  If you are currently banking with one of the six big bank, then they will offer stockbroking services.  You can shop around for the best commission rates.  If you wish to manage your own investments, then you will open a \"\"self-directed\"\" account.  You can shelter your investments from all taxation by opening a TFSA account with your stock broker.  Currently, you can add $5,500 per year to your TFSA.  Unused allowances from previous years can still be used.  Thus, if you have not yet made any TFSA contributions, you can add upto $46,500 to your TFSA and enjoy the benefits of tax free investing. Investing in what you are calling \"\"unmanaged index funds\"\" means investing in ETFs (Exchange Traded Funds). Once you have opened your account you can invest in any ETFs traded on the stock markets accessible through your stock broker. Buying shares on foreign markets may carry higher commission rates, but for the US markets commissions are generally the same as they are for Canadian markets.  However, in the case of buying foreign shares you will carry the extra cost and risk of selling Canadian dollars and buying foreign currency.  There are also issues to do with foreign withholding taxes when you trade foreign shares directly.   In the case of the US, you will also need to register with the US tax authorities.  Foreign withholding taxes payable are generally treated as a tax credit with respect to Canadian taxation, so you will not be double taxed. In today's market, for most investors there is generally no need to invest directly in foreign market indices since you can do so indirectly on the Toronto stock market.  The large Canadian ETF providers offer a wide range of US, European, Asian, and Global ETFs as well as Canadian ETFs.  For example, you can track all of the major US indices by trading in Toronto in Canadian dollars.  The S&P500, the Dow Jones, and the NASDAQ100 are offered in both \"\"currency hedged\"\" and \"\"unhedged\"\" forms.  In addition, there are ETFs on the total US Market, US Small Caps, US sectors such as banks, and more exotic ETFs such as those offering \"\"covered call\"\" strategies and \"\"put write\"\" strategies. Here is a link to the BMO ETF website. Here is a link to the iShares (Canada) ETF website.\""}
{"_id": "535343", "title": "", "text": "Yahoo Finance's Historical Prices section allows you to look up  daily historical quotes for any given stock symbol, you don't have to hit a library for this information. Your can choose a desired time frame for your query, and the dataset will include High/Low/Close/Volume numbers. You can then download a CSV version of this report and perform additional analysis in a spreadsheet of your choice. Below is Twitter report from IPO through yesterday: http://finance.yahoo.com/q/hp?s=TWTR&a=10&b=7&c=2013&d=08&e=23&f=2014&g=d"}
{"_id": "535346", "title": "", "text": "I looked for the source, so I went straight to the bottom of the article, where I expected to find a source. Instead I found something that made me chuckle, click my back button, and hop on Comments to warn not to  their time on something that shouldn't have been linked to in the first place, because it was written by a crackpot."}
{"_id": "535357", "title": "", "text": "A 529 plan is set up in a specific beneficiary's name but the money can be rolled over or transferred into another 529 plan in the same beneficiary's name, or the beneficiary can be changed by the owner of the account.  I mistakenly believed that the new beneficiary could be anyone else, but as mhoran_psprep has  pointed out in the comment below, the new beneficiary must be related to  the previous one in specific ways as detailed in Publication 970 2011, Tax Benefits for Education in order for the change to occur without any tax consequences.  So my original statement that distributions can be used for anyone's educational expense without tax consequences was incorrect; if the new beneficiary is not related to the original beneficiary, tax consequences will indeed occur.  Note also that unlike IRAs where the entire amount can be withdrawn by the owner without incurring a 10% penalty after a certain period or after reaching a certain age, distributions from a 529 plan for nonqualified expenses (including as a special case a withdrawal of funds by the owner) will incur the 10% penalty tax regardless of when this occurs. The problem with UGMA accounts is that you have to turn the money over to the beneficiary when that beneficiary becomes an adult (18 years old in most cases) regardless of your current opinion of that beneficiary, and the beneficiary is free to use the money to buy a motorcycle with it if she chooses instead of using it for her education.  In this sense, I agree with mhoran_psprep's answer that it is best to put away the money in an ordinary account without seeking tax benefits, and deal with the matter as you see fit when the niece is filling out her college paperwork."}
{"_id": "535361", "title": "", "text": "Yeah its just scary. I'm glad you said no. I'm not saying it couldn't work. But I legit don't know anyone who has done it and been successful. My mentor in the business quit a year or so after I did and he had been hitting it hard for 4-5 years. He made a little money off of it but nothing compared to what he was putting in. I can honestly say I learned some great things from the materials they promoted but I can't honestly give them credit for referring me to others work. They had their own books the founders had written which were good and all, but they mostly were a regurgitation of all the other successful leadership books they promoted. Good for you though. If you know anybody getting involved in this make sure you tell them to stay away. It's so scary how these companies are allowed to do business with the failure rate they have for people who sign up."}
{"_id": "535388", "title": "", "text": "No. Read the link. 70 million out of Musks's own pocket. 117 million from various investors (and with this money they made 147 cars.) Then nearly a half billion from the gubment to get the Model S production line up and running. Without welfare to keep it alive Tesla would've gone under, they had a few near death experiences.  On top of that, if you're wealthy enough to buy a model S in California, you qualify for nearly $10,000 in state and federal subsidies. The government is all up in there making it happen."}
{"_id": "535406", "title": "", "text": "It's just cute when somebody has no skin the game makes such generalized and cavilier assumptions and assertions without knowing the details. Bravo for you, youve got an opinion based on a headline-esque understanding without knowing the facts--- that's what'll make this country great again!"}
{"_id": "535408", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-07-12/rooftop-solar-is-no-match-for-crony-capitalism) reduced by 93%. (I'm a bot) ***** &gt; It therefore makes economic sense to charge rooftop solar owners extra to maintain the electrical grid - without the grid, after all, a person using only rooftop solar wouldn&amp;#039;t have any electricity at night.  &gt; Measures to ban third-party ownership of rooftop solar are crony capitalism, plain and simple.  &gt; Eventually, solar power will be so cheap that it makes sense to install rooftop panels even without net metering, and utilities will start switching from power plants to solar farms.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6n512e/rooftop_solar_is_no_match_for_crony_capitalism/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~166235 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **solar**^#1 **utility**^#2 **power**^#3 **company**^#4 **rooftop**^#5\""}
{"_id": "535427", "title": "", "text": "The answers you've received already are very good. I truly sympathize with your situation. In general, it makes sense to try to build off of existing relationships. Here are a few ideas: I don't know if you work for a small or large company, or local/state government. But if there is any kind of retirement planning through your workplace, make sure to investigate that. Those people are usually already paid something for their services by your employer, so they should have less of an interest in making money off you directly. One more thought: A no-fee brokerage company e.g. Charles Schwab. They offer a free one hour phone call with an investment adviser if you invest at least $25K. I personally had very good experiences with them. This answer may be too anecdotal and not specifically address the annuity dilemma you mentioned. That annunity dilemma is why you need to find someone you can trust, who is competent (see the credentials for financial advisers mentioned in the other answers), and will work the numbers out with you."}
{"_id": "535454", "title": "", "text": "\"I recommend you ask her if her sponsor/leadership has said something like \"\"if your friends don't agree with you (or say no) then they're not your friends and you should move on\"\". If so, it's not much of a stretch to apply the above to all her relationships (including you).  Many years ago when I was deep down the MLM rabbit-hole I had 'leadership' say the above line many times. They're leaches, preying on the vulnerable. Teaching the teachers to teach? Nope, teaching the leachers to leach.\""}
{"_id": "535459", "title": "", "text": "#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Misuse of statistics**](https://en.wikipedia.org/wiki/Misuse%20of%20statistics): [](#sfw)   ---  &gt;  &gt;A __misuse of statistics__ occurs when a statistical argument asserts a falsehood. In some cases, the misuse may be accidental. In others, it is purposeful and for the gain of the perpetrator. When the statistical reason involved is false or misapplied, this constitutes a __statistical [fallacy](https://en.wikipedia.org/wiki/Fallacy)__.  &gt;The false statistics trap can be quite damaging to the quest for knowledge. For example, in medical science, correcting a falsehood may take decades and cost lives.  &gt;Misuses can be easy to fall into. Professional scientists, even mathematicians and professional statisticians, can be fooled by even some simple methods, even if they are careful to check everything. Scientists have been known to fool themselves with statistics due to lack of knowledge of [probability theory](https://en.wikipedia.org/wiki/Probability_theory) and lack of [standardization](https://en.wikipedia.org/wiki/Standardization) of their [tests](https://en.wikipedia.org/wiki/Statistical_test).  &gt;  ---  ^Interesting: [^How ^to ^Lie ^with ^Statistics](https://en.wikipedia.org/wiki/How_to_Lie_with_Statistics) ^| [^Misleading ^graph](https://en.wikipedia.org/wiki/Misleading_graph) ^| [^Statistics](https://en.wikipedia.org/wiki/Statistics) ^| [^Data ^dredging](https://en.wikipedia.org/wiki/Data_dredging)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjiek7a) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjiek7a)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"_id": "535469", "title": "", "text": "No chance. First off, unless the company provides audited financials (and they don't from what I can tell), there is no way I'm tinkering with a bunch of small business owners. Transparency is a substantial part of investing and this actually exempts or excludes these companies, from what I can tell."}
{"_id": "535470", "title": "", "text": "\"With my current, limited knowledge (see end), I understand it the following way: Are share prices really described as \"\"memoryless\"\"?  Yes.  Is there a   technical meaning of the term? What does it really mean? The meaning comes from Markov Models: Think of the behavior of the stock market over time as a Markov Chain, i.e. a probabilistic model with states and probabilistic transitions. A state is the current price of all stocks of the market, a transition is a step in time. Memoryless means that transitions that the stock market might make can be modelled by a relation from one state to another, i.e. it only depends on the current state. The model is a Markov Chain, as opposed to a more general Stochastic Process where the next state depends on more than the current state. So in a Markov Chain, all the history of one stock is \"\"encoded\"\" already in its current price (more precisely in all stock's prices).  The memorylessness of stocks is the main statement of the Efficient Market Theory (EMT). If a company's circumstances don't change, then a drop in its share price is going to be followed by a rise later.  So if the EMT holds, your statement above is not necessarily true. I personally belief the EMT is a good approximation - only large corporations (e.g. Renaissance Technologies) have enough ressources (hundreds of mathematicians, billions of $) to be able to leverage tiny non-random movements that stem from a not completely random, mostly chaotic market.  The prices can of course change when the company's circumstances change, but they aren't \"\"memoryless\"\" either. A company's future state is influenced by its past. In the EMT, a stock's future state is only influenced by its past as much as is encoded in its current price (more precisely, the complete market's current state). Whether that price was reached by a drop or a rise makes no difference.  The above is my believe, but I'm by far no finance expert. I am working professionally with probabilistic models, but have only read one book on finance: Kommer's \"\"Souver\u00e4n investieren mit Indexfonds und ETFs\"\". It's supposed to contain many statements of Malkiel's \"\"A Random Walk Down Wall Street\"\".\""}
{"_id": "535479", "title": "", "text": "It is a best way to buy necklace online, we are one of the most wholesale jewelry in USA. There is no other place here from where you can purchase so cheapest Aromatherapy Necklace. The Aromatherapy diffuser necklace made by Izzy Bell Boutique is unlike others you will find anywhere else. That's made of high quality stainless steel, aromatherapy necklace jewelry openwork locket pendants. The necklace is so solid and the front consists of the unique laser cut design to allow the oils necklace. We give you superb look to everyone women."}
{"_id": "535497", "title": "", "text": "This sounds like a TV ad. Many, many people were not as lucky as you. Do you think the millions of Americans who want to see Ocare trashed are morons and making it up because of muh politics?? Honestly, answer me that"}
{"_id": "535501", "title": "", "text": "What I do is that I set a small transaction to automatically go on the card and then set an autopayment.  Example for one card is a monthly $8 donation to the local animal humane society.  The autopay is set to pay in full.  *Solved - card stays active.  Some payers will cancel your credit card if they don't show activity."}
{"_id": "535518", "title": "", "text": "\"Investment strategies abound. Bonds can be part of useful passive investment strategy but more active investors may develop a good number of reasons why buying and selling bonds on the short term. A few examples: Also, note that there is no guarantee in bonds as you imply by likening it to a \"\"guaranteed stock dividend\"\". Bond issuers can default, causing bond investors to lose part of all of their original investment. As such, if one believes the bond issuer may suffer financial distress, it would be ideal to sell-off the investment.\""}
{"_id": "535525", "title": "", "text": "No, it's not even remotely accurate in the current sense. Both markets have counterparties directly executing against one another, and both have auctions. The auction mechanics are different (with NYSE's Specialist/DMM model) but during normal market hours there isn't much difference."}
{"_id": "535529", "title": "", "text": "If you earn Rupees, keep your money as Rupees, and spend the money on items denominated in Rupees, the dollar doesn't mean much to you any more than the Italian Lira means to me.... Do you mean to track as though they were dollars or actually convert as you earn the money?  From X-rates, I looked at this chart. There's been a 10% swing in the exchange rate very recently. But going back, the years are not so volatile. Year 2000 ranged 43-46, so the volatility and drop in the rupee to over 50 is only recent. Has India experience inflation that concerns you?  (disclaimer - I am slightly aware of the Euro in terms of dollar value, but not followed currencies for some time now)"}
{"_id": "535533", "title": "", "text": "DirecTV... Time Warner.... Netflix... 2 iPhones (= 2*Data plan).... $280 a month on pure luxuries. >10% of your net income. Of course, you may be needing at least some of this, no-one wants to come home and stare at bare walls. But if you have Netflix - maybe you don't need DirecTV? Or the other way around? And maybe DSL internet will be cheaper than cable? Maybe prepaid $1/day AT&T GoPhone or similar plan would be better than paying $151 for two iPhones?"}
{"_id": "535547", "title": "", "text": "\"What you're saying here sounds awfully close to \"\"I believe in free speech, but only for things I agree with\"\", which means literally the exact opposite of free speech.  To go this \"\"ends justify the means\"\" is making a mockery of the [rule of law](https://en.wikipedia.org/wiki/Rule_of_law), even if it's not a legal matter.  To take it to the extreme:  If rape were legal it would still not be moral just because the only people who are raped are done so as punishment for things you think are horrible.\""}
{"_id": "535549", "title": "", "text": "\"I'm *really* surprised to see Schwab as \"\"only\"\" #5.. They don't specialize in \"\"niche\"\" ETFs, but for the core \"\"lazy portfolio\"\" style ETFs, I've always considered them neck-and-neck with Vanguard.  That said - There's nothing wrong with obscure players in the market!  I'd rather they had more exposure and therefore lower ERs, but the fact that something like $BBC *can* exist makes me sooo happy!  That's pretty much my personal \"\"ultra high risk\"\" basket in one convenient form!\""}
{"_id": "535550", "title": "", "text": "I'm not OP, but I think a very basic example would be brand choice. Every day people choose to buy cheaper products over greener products. Styrofoam cups still exist because people buy them. Companies get as big as Walmart because people shop there.  If people really have a shit, they could simply make different choices in a capitalistic system that would then promote small local business and sustainable practices. But people choose lower prices every single time, without regard to the inequalities or environmental destruction their choices promote."}
{"_id": "535555", "title": "", "text": "\"The Wells Fargo scandal was and still is a big deal because Wells Fargo opened over 1.5 million unauthorized bank and credit card accounts. The credit card accounts were opened without authorization, which means people's credit scores and reports were pulled without permission. That is considered fraud and identity theft. Other than the legal side of it, by opening more bank accounts without authorization, it was showing \"\"synthetic growth\"\", which resulted in an inflated number when quarterly and annual performance numbers were reported. This caused people to invest more in Wells Fargo stock, not knowing that the growth in stock was not organic. After the scandal was uncovered, stocks decreased. However, the root cause of this can be traced to the culture at Wells Fargo, where customer service reps (i.e. bank tellers, and store operations employees) were faced with the challenges of meeting quotas that could be considered a stretch. As a result, faced with pressure from upper management, they opened unauthorized accounts.  In addition, these unauthorized accounts cost consumers money either because credit cards had balances, or bank accounts did not meet a minimum balance. It is not about ending \"\"up with 8 rows in their database instead of just 1 row\"\" as OP wrote. It is about stealing consumer money and committing fraud and stealing the consumer's identity.  *Suggestions and constructive criticism are welcomed in improving my answer.\""}
{"_id": "535566", "title": "", "text": "For small amounts I wouldn't be too concerned.   There are two factors I can think of: For relatively small amounts and when dealing with reputable banking institutions there should be little concern of banking with a single bank.  It's what most people do."}
{"_id": "535581", "title": "", "text": "When you invest in an ETF or mutual fund, you're not investing in stocks or bonds. You're buying shares of a company that invests in stocks or bonds. This level of indirection is what makes it so bond funds do not 'mature.' Bonds inside of ETFs or mutual funds do have a maturity date. When they mature, the fund manager uses the principal value that is returned to purchase another bond that meets the investment objectives of the fund. So the fund never matures, since it is always investing in more bonds when the old ones mature. Unit investment trusts made of bonds do have a maturity date as well, since the portfolio does not change once the UIT is issued. As the individual bonds in the portfolio mature, the principle value is returned to investors. So the overall maturity date is effectively the maturity date of the last bond in the trust. All of the statements quoted above are accurate in explaining why there is no guarantee of a return of principle when investing in bond funds (ETF or open-ended mutual fund). The bonds they hold do mature, but are replaced within the fund as needed. The investor will never see it happen unless they watch the holdings reports filed by the funds.  The only way to have an assurance of the return of principle is to invest in individual bonds, or in unit trusts made up of bonds."}
{"_id": "535582", "title": "", "text": "yeah, its actually pretty stupid to brag about this sort of thing. it is my understanding that inflation averages about 2% a year so your numbers are off. my guess is that he is just bullshitting and has no idea what his financial people have done with the money."}
{"_id": "535593", "title": "", "text": "\"The first thing to realize is that the type of chart you saw is not appropriate for long-term comparisons.  The vertical axis uses a linear scale, where each unit occupies the same amount of space.  This is visually misleading because the relevant information at any point in the chart is \"\"how much is the value going up or down?\"\" and \"\"how much\"\" change depends on how much the value of the investment is at that moment.  For example, if you buy something at $10 and the price changes $1, that is significant, 10%.  If you buy something at $1000 and the price changes $1, that is not so significant, only 0.1%.  The problem in that chart is that 100 Dow points occupy the same space whether the Dow is at 870 or 10800. To get a better feel for the volatility, you should use a log (logarithmic) scale.  Google has an option for this.  Using it shows:   In this chart you can see that the volatility appears much less extreme in recent years.  True, the 2006-2009 change is the largest drop, and there might be slightly higher volatility generally, but it is not nearly as extreme-looking.  The drops in 1974 and 1987 can be seen to be significant.\""}
{"_id": "535605", "title": "", "text": "You have a lot of different questions in your post - I am only responding to the request for how to value the ESPP. When valuing an ESPP, don't think about what you might sell the shares for in the future, think about what the market would charge you for that option today. In general, an option is worth much less than the underlying share itself. For the simplest example, assume you work at a public company, and your exercise price for your options is $.30, and you can only exercise those options until the end of today, and the cost of the shares on the public stock exchange is also $.30. You have the same 'strike price' as everyone else in the market, making your option worth nothing. In truth, holding that right to a specific strike price into the future does give you value, because it means you can realize the upside in share price gains, without risking any money on share losses. So, how do you value the options? If it's a public company with an active options market, you can easily compare your $.30 strike price with the value of call options in the market that have a $.30 strike price. That becomes the value to you of the option (caveat: it is unlikely you can find an exact match for the terms of your vesting period, but you should be able to find a good starting point). If it's a public company without an active options market, you will have to do a bit of estimation. If a current share is worth $.25 (so, close to your strike price), then your option is worth a little bit, but not much. Compare other shares in your industry / company size to get examples of the relative value between an option and a share. If the current share price is worth $.35, then your option is worth about $.05 [the $.05 profit you could get by immediately exercising and selling, plus a bit more for an option on a share that you can't buy in the open market]. If it's a private company, then you need to be very clear on how shares are to be valued, and what methods you have available to sell back to the company / other individuals. You can then consider as per above, how to value the option for a share, vs the share itself. Without a clear way to sell your shares of a private company [ideally through a sale directly back to the company that you are able to force them to agree on; ie: the company will buyback shares at 5x Net income for the previous year, or something like that], then the value of a small number of shares is very nebulous. There is an extremely limited market for shares of private companies, if you don't own enough to exert control. In your case, because the valuation appears to be $2/share [be sure that these are the same share classes you have the option to buy], your option would be worth a little more than $1.70, if you didn't have to wait 4 years to exercise it. This would be total compensation of about $10k, if you were able to exercise today. Many people don't end up working for an early job in their career for 4 years, so you need to consider whether how much that will reduce the value of the ESPP for you personally. Compared with salary of 90k, 10k worth of stock in 4 years may not be a heavy motivating compensation consideration. Note also that because the company is not public, the valuation of $2/share should be taken with a grain of salt."}
{"_id": "535613", "title": "", "text": "Besides overnight news events and auction mechanisms there is a more fundamental reason the price of a stock is always moving.  Theoretically the stock price will move slightly even in the unlikely scenario that absolutely nothing of interest happens during the entire night.  Let me go into that in some more detail: Stock valuation using Discounted Cash FLow One of the fundamental reasons that stock value is constantly changing is because underneath every stock there is a company that expects to make some kind of profit or loss in the future. We have to go into the fundamentals of stock value to understand why this is important: One popular way to determine the value of a stock is by looking into the future and summing up all the earnings (or cashflows) it has yet to produce. You have to reduce each amount by a certain factor that gets larger for payments that are farther into the future. Think of it this way: a dollar in hand now is better than a dollar that you get tomorrow. This method of valuation is called Discounted Cash Flow (abbr. DCF; see the wikipedia article on DCF) Time's effect on stock value Now take the Close price C, and the open price O. Let's assume that since there has been no news, the expectations for future earnings are the same for C and O. Remember that the discounting factor for these earnings is dependent on the time until the cashflow occurs? For O, this time is slightly shorter than for C, and therefore the value will be slightly higher (or lower, when the company is expected to incur losses). So now you can see that even without all the external forces that continuously push and pull on the stock price, a stock still changes in value over time. Hope this helps."}
{"_id": "535617", "title": "", "text": "I'm not aware of explicit fees for sending to someone in a different country, however I do believe there are fees for sending from one currency to another. The best option here would be to contact the provider you're interested in using, directly, to request this information from them."}
{"_id": "535650", "title": "", "text": "\"I do know people who follow the islam terrorist manifesto. One is a great guy, and one is a fucking closet jihadist nutbag who I am 100% certain will go jihadi on someone one day.   But that's besides the point. If bugs are infesting your house, you lob the bug bomb in there. You're going to kill some \"\"good\"\" bugs, but if you don't, the bugs are going to take the whole house.   It's ignorance like yours that is getting people killed left and right in Europe.\""}
{"_id": "535651", "title": "", "text": "This doesn't make any sense. For the people who ask you this, suggest that they borrow the money to invest with you. They can use their bitcoins as collateral for the loan. That way, they get the same benefit and your company doesn't go out of business if the price of bitcoin drops, even temporarily, because the loan becomes unsecured. If they want to try to use a volatile asset as collateral and have to figure out how to cover when the price drops temporarily, great. But why should they put that risk on your other investors who may not be so crazy? Also, this obviously won't meet the investor's concerns anyway. Say the price of bitcoin goes up but you lose 10% of the money you borrowed. Clearly, your investors can't have an interest that worth as much as they would have if they held bitcoin since you lost 10%."}
{"_id": "535659", "title": "", "text": "Is my math correct? The Math is correct, however Dividends don't work this way. The Yield is Post Facto. i.e. Given the dividend that is declared every quarter, once calculates the yield. The dividends are not fixed or guaranteed. These change from Quarter to Quarter or at times they are not given at all. The yield is 3.29% and the value is $114 per share. Assuming that the price remains exactly the same for an entire year, and that I purchase only one share, then this should be the math for calculating the yield: 114 x 0.0329 = 3.7506 What the Link is showing is that last dividend of MCD was 0.94 for Q3; that means total for a year will be 0.94*4 [3.76], this means yield will be 3.29%. Note this year there were only 3 Dividend was 0.89 on 26-Feb, 0.89 on 2-Jun and 0.94 on 29-Nov. It is unlikely that there will be one more dividend this year. So for this year the correct post facto calculation would be 0.89+0.89+.94 = 2.72 and hence an yield of 2.38%  Also, are there any fees/deductions, or would I receive the amount in full, which should be $3.75? There are no fee deducted. Not sure about US tax treatment on Dividends."}
{"_id": "535660", "title": "", "text": "\"You are a public employee. You have no right to hold taxpayers hostage.  See the quote from FDR that is just about everywhere these days.  If you have a MAJOR problem with the \"\"safety/risk\"\" inherent in your job and you don't want to be subject to them... then quit and get into a different profession.\""}
{"_id": "535663", "title": "", "text": "All due respect to the economic professionals, but where are they when it comes to actually leading our country.  If they have all the right knowledge then why do they let the country go down the roads that it does.  I actually don't have any respect for their lack of action."}
{"_id": "535670", "title": "", "text": "The simple answer: Because you believe every other option can yield greater losses... So the thinking is; Lend it to France you'll get your money back. Put your money in a bank and there's a chance you won't get it back if the bank goes bust. Investors also believe that rates will continue to go more negative, in which case they will actually MAKE money.  It's a momentum play which will eventually reverse but since the Bond market is extremely liquid, it's a bet that can quickly be unwound. Another theory floating around is that if the weaker countries of the euro leave (e.g. Greece, etc) and the core keep the euro, then the value of the euro will actually rise. So by putting your money in French or German bonds you would also be securing cash in French or German euro's. - Thinking the unthinkable on a euro break-up - Gavyn Davies"}
{"_id": "535672", "title": "", "text": "\"Looks like the retard in chief is cracking, its amazing how he has taken every wrong turn at every possibility as it presented itself. I think he is reaching the threshold of the realization that he is actually incompetent and way out of his depth.   We are going to have to rewrite the definition of \"\"Stoopud\"\"\""}
{"_id": "535673", "title": "", "text": "From the Massachusetts Department of Revenue:   1st - Massachusetts Source Income That is Excluded   Massachusetts gross income excludes certain items of income derived from sources within Massachusetts: non-business related interest, dividends and gains from the sale or exchange of intangibles, and qualified pension income. 2nd - Massachusetts Source Income That is Included:   Massachusetts gross income includes items of income derived from sources within Massachusetts. This includes income: 3rd - Trade or business, Including Employment Carried on in Massachusetts:   A nonresident has a trade or business, including any employment carried on in Massachusetts if: A nonresident generally is not engaged in a trade or business, including any employment carried on in Massachusetts if the nonresident's presence for business in Massachusetts is casual, isolated and inconsequential. A nonresident's presence for business in Massachusetts will ordinarily be considered casual, isolated and inconsequential if it meets the requirements of the Ancillary Activity Test (AAT) and Examples. When nonresidents earn or derive income from sources both within Massachusetts and elsewhere, and no exact determination can be made of the amount of Massachusetts source income, an apportionment of income must be made to determine that amount considered Massachusetts gross income. 4th - Apportionment of Income:   Apportionment Methods:   The three most common apportionment methods used to determine Massachusetts source income are as follows:   Gross income is multiplied by a:   So if you go to Massachusetts to work, you have to pay the tax.  If you collect a share of the profit or revenue from Massachusetts, you have to pay tax on that.  If you work from Oregon and are paid for that work, then you don't pay Massachusetts tax on that.  If anything, your company might have to pay Oregon taxes on revenue you generate (you are their agent or employee in Oregon).   Does the answer change depending on whether the income is reported at 1099 or W-2? This shouldn't matter legally.  It's possible that it would be easier to see that the work was done in Oregon in one or the other.  I.e. it doesn't make any legal difference but may make a practical difference.   All this assumes that you are purely an employee or contractor and not an owner.  If you are an owner, you have to pay taxes on any income from your Massachusetts business.  Note that this applies to things like copyrights and real estate as well as the business.   This also assumes that you are doing your work in Oregon.  If you live in Oregon and travel to Massachusetts to work, you pay taxes on your Massachusetts income in Massachusetts."}
{"_id": "535688", "title": "", "text": "\"One of the best answers to this question that I've ever read is in a paper published by Robert Lucas in the Journal of Economic Perspectives. That journal is meant to a be a place for experts to write about their area of expertise (in economics) for a general but still technically-minded audience. They recently opened up the journal as free to the public, which is a fantastic resource -- you no longer need a subscription to JSTOR (or whatever) to read it.  You can read the abstract to the paper, and find a link to it, here. One of the things that I like a lot about this paper is that it strips out absolutely everything even slightly unnecessary to thinking about a macroeconomy, and just discusses what one can arrive at with a very very simple model. Of course, with great simplicity come sacrifice about details. However, it does a great job of answering your question, \"\"why do people care about growth?\"\" A quick note: the key to understanding the answer to your question is to think about things in terms of \"\"the long term\"\"  -- not even looking forward to the future, because we'll be dead by then, but looking back to the past. The key to the importance of growth is that, for the last ~200 years, the US has, on average, had maybe 2-3% \"\"real growth\"\" per year (I'm pulling these numbers out of my head; I think much better numbers are in that paper somewhere). On average, over that period of time, this growth has meant that the quality of life that one has, if one lives in a country experiencing this growth, is enormous compared to countries that do not experience this average growth over that period.  Statistically speaking, growth is also somewhat auto-correlated. Roughly speaking, if it was low the last few periods, you can expect it to be low the next period. Same thing if it's high.   Then, the reason we care about growth right now: if you have too many periods of low growth, pretty soon the average \"\"over the long term\"\" growth will be pulled down -- and then quality of life can't be higher in the future (which quickly becomes someone's \"\"present\"\"). The paper above makes this point with a very simple model. Of course, none of this touches on distributional issues, which are another issue entirely. With respect to, \"\"The economy needs to grow to just keep up with its debt repayments,\"\" I think the answer is along the lines of, \"\"sometimes countries get into debt expecting that growth will increase their resources in the future, and thus they can pay back their debt.\"\" That strategy is, of course, the strategy that anyone borrowing (\"\"taking out a loan\"\") should be employing -- you should expect that your future income will be enough to pay back your interest+principle on a loan you took. Otherwise you're irresponsible. At the aggregate level, production is the nation's \"\"income\"\" -- it is what you have, all that you have (as a nation) to pay back any debt you've incurred at the national level.\""}
{"_id": "535697", "title": "", "text": "It means a 3% return on the value of the stock. If a stock has a $10 share price, the dividend would be $0.30. Normally though, the dividends are announced as a fixed amount per share, because the share price fluctuates. If a percentage were announced, then the final cost would not be known as the share priced could change radically before the dividend date."}
{"_id": "535703", "title": "", "text": "Ok, let's start your company and call it Parkoor. We hire drivers rejected by Uber because they will work for cheap.  We skip background and drug checks to save money and because it's best to not ask questions you don't want answers to.  A passenger hires our driver via the app, opts to pay by cash, and then tells the driver they're paying by credit, stiffing them. Who pays?  Reverse situation, passenger pays by credit in the app, driver demands cash and threatens violence if they get stiffed again. Who pays?  Passenger is killed because the driver was drunk. A background check would have revealed 6 DWI charges. Passengers family now wants to sue. Was Parkoor responsible?  Passenger was killed because the brakes failed on our drivers 1985 Camry that hadn't been properly inspected in decades due to a loophole in state law. Is Parkoor responsible?"}
{"_id": "535705", "title": "", "text": "The money in the checking account was already taxed. It was income this year or last, or a gift from somebody, or earned interest that will be taxed. If it was a deductible IRA you would declare it next April and get a refund from the government."}
{"_id": "535710", "title": "", "text": "Si vous souhaitez faire de votre restaurant un h\u00f4tel r\u00e9put\u00e9, vous devez avoir le meilleur \u00e9quipement de restauration. Il existe de nombreux \u00e9quipements de restauration con\u00e7us pour le bon travail et le style. Les ustensiles de cuisine et les serveurs d'argent \u00e9tonnants qui sont en acier inoxydable avec une finition miroir brillant haut et moderne. Il est certainement appropri\u00e9 pour un h\u00f4tel."}
{"_id": "535720", "title": "", "text": "\"Split your contributions evenly across the funds on that list with the word \"\"core\"\" or \"\"S&P\"\" in the name.  Maybe add \"\"International Large Cap Index\"\".  Leave it & rebalance occasionally.  Read a book on Modern Portfolio Theory sometime in the next 5 years.\""}
{"_id": "535732", "title": "", "text": "There have been studies which show that Dollar Cost Averaging (DCA) underperforms Lump Sum Investing (LSI). Vanguard, in particular, has published one such study. Of course, reading about advice in a study is one thing; acting on that advice can be something else entirely. We rolled over my wife's 401(k) to an IRA back in early 2007 and just did it as a lump sum. You know what happened after that. But our horizon was 25+ years at that time, so we didn't lose too much sleep over it (we haven't sold or gone to cash, either)."}
{"_id": "535737", "title": "", "text": "If your investment returns are the main variable you use to determine if your advisor is doing a good job you are using his or her services incorrectly  Also, if you are using a good advisor, he or she needs to know how your investments are doing, not you.  However, my thoughts are based on the idea that you can't go it alone.  If you are not among the people concerned about the market, waiting for the market to go down 'so you can find a better buying opportunity', or making one of many other novice mistakes, I'm not speaking directly to you with my comments."}
{"_id": "535742", "title": "", "text": "Excellent question and it is a debate that is often raised.  Mathematically you are probably best off using option #1.  Any money that is above and beyond minimum payments earns a pretty high interest rate, about 6.82% in the form of saved interest payments. The problem is you are likely to get discouraged.  Personal finance is a lot about behavior, and after working at this for a year, and still having 5 loans, albeit a lower balance, might take a bit of fight out of you. Paying off such a large balance, in a reasonable time, will take a lot of fight. With the debt snowball, you pay the minimum to the student loan, save in an outside account, and when it is large enough, you execute option #2.  So a year from now you might only have three loans instead of five.  If you behaved exactly the same your balance would be higher after that year then using the previous method. However often one does not behave the same.  Because the goals are shorter and more attainable it is easier to delay some gratification.  The 8 dollars you are saving in your weekly gas budget, because of low prices, is meaningful when saving for a 4K goal, where it is meaningless when looking at it as a 74K goal.  With the 4K goal you are more apt to put that money in your savings, where the 74K goal you might spend it on a latte. For me, the debt snowball worked really well. With either option make sure that excess payments actually go to a reduction in principle not a prepayment of interest.  Given this you may be left with no option.  For example if method #1 you only prepay interest, you are forced to use option #2."}
{"_id": "535785", "title": "", "text": "One can expatriate and (depending on where you go) get some protections from the debt following you. Some DACA dreamers are finding this option a best choice given the current political environment. But, this is obviously an extreme measure :("}
{"_id": "535787", "title": "", "text": "\"That actually sounds somewhat familiar. I looked them up and the first job on their site that looked like Amazon not only was, but was listed as \"\"Direct Hire\"\", and linked directly to what's probably an Amazon-operated site, so I don't know what's going on there. Presumably they just happen to have links for both kinds of hiring.  I'd be curious to know what circumstances you've seen contractors at Amazon warehouses. I know there are a couple of situations where we lean heavily on part-time and temporary employees, and I'm far from familiar with the details, but I'm of the understanding that the core workforce at FC's like this one are generally proper employees like I said.\""}
{"_id": "535793", "title": "", "text": "\"@jidugger mostly got it right. It basically mean that past performance of a stock, or a basket of stocks, are not at all useful when trying to predict its future. There is no proven correlation between past and future performance. If there was such a correlation, that was \"\"proven\"\" or known, then investors would quickly exploit this correlation by buying or selling this stock, thus nullifying the prediction. It doesn't mean the specific individuals cannot predict the future stock market - hell, if I set up 2^100 different robots, where every robots gives a different series of answers to the 100 questions \"\"how will stock X do Y days from now\"\" (for 1<=Y<=100), then one of those robots would be perfectly correct. The problem is that an outside observer has no way of knowing which of the predictor robots is right. To say that stock is memoryless strikes me as not quite right -- to   the extent that stocks are valued based on earnings, much of what we   infer about future earnings relies on past and present earnings. To put it another way - you have $1000 now, and need to decide whether to invest in a particular stock, or a stock index. The \"\"memoryless\"\" property means that no matter how many earning reports you view ... by the time you see them, the stock price already accounts for them, so they're not useful to you. If the earning reports are positive, the stock is already \"\"too high\"\" because people bought it before you did. So on average, you can't use this information to predict the stock's future performance, and are better off investing in an index fund (unless you desire extra risk that doesn't come with more profitability).\""}
{"_id": "535805", "title": "", "text": "Inflation is already impacting hard to reach places: Sakhalin, Yakutsk, and Kaliningrad (Russia's small enclave in the middle of Europe). While major metropolitan areas can easily deflect inflation, better distribution networks, major distributors, faster access to bureaucratic machinary, isolated regions are already fealing the impact of the sanctions."}
{"_id": "535811", "title": "", "text": "That's what she said.  But seriously, I'm very much against SOPA, but I don't want to open the floodgates and have this sub reddit become inundated with politicizing on this issue or any other.   I'll let this one stay for now, but if it starts trending towards more and more of it, I'll drop the ban hammer."}
{"_id": "535814", "title": "", "text": "\"It is exactly as described in the quote. Pick any three \"\"bills\"\" not owed to family members.\""}
{"_id": "535817", "title": "", "text": "Another reason is that the amount of unused credit you have is a positive factor on your credit score.  It's generally easier to open several different accounts for $X dollars each with different banks than to get your current bank to raise your limit severalfold in a single go.  Your current bank has to worry about why you suddenly are asking for a large additional amount of credit; while other banks will be willing to offer you smaller amounts of credit in the hope that you transfer your business from your current bank to them."}
{"_id": "535818", "title": "", "text": "Go dip some chicken in MSG, fry it and tell me how many customers you have. Their restaurant is great, their food is great and their workers always seem happy. Probably because, at least in my experience, they are mostly teens and college students working there while preparing to move on to something better."}
{"_id": "535822", "title": "", "text": "The Federal Central Tax Office says you may not have to pay taxes in germany for capital gains. You may have to apply for a tax relief to prevent the tax from being collected. You very likely will have to pay whatever taxes there are in Hong Kong on capital gains. Since you use an US broker withholding tax may apply to you but this is a different question that has nothing to do with Germany or german stocks. To be sure you should contact a local expert on this topic. EDIT: I missed some informations that I found on the english site of the german Federal Central Tax Office homepage."}
{"_id": "535832", "title": "", "text": "In the US banks typically require that you maintain some minimum account balance or account activity for at least 90 days.  Some banks will only issue the bonus once in a lifetime, some once every 24 months etc.  This will vary on the bank."}
{"_id": "535845", "title": "", "text": "\"Major societal changes generally emerge out of a lot of riots and protests. Social Security literally came out of the great depression where you had Hoovervilles popping up everywhere. All this turmoil lead to an existential crises where issues actually needed to be addressed. The point I was trying to make is that I doubt a basic income will come about naturally. Corporations and those with a lot of money are going to try and push it off for as long as possible. However, if something accelerates automation you would have more people on the streets. Some say a $15 minimum wage would accelerate it, some say it wouldn't. On the one hand you would have people getting paid a living wage presumably. On the other hand you would have more automation which would mean a quicker transition to the next economic system instead of a long drawn out transition. Ideally we can shorten the length of time people are living on scraps. The idea being, one short surge of social unrest is better than many years of frustration, which would culminate in the same surge of unrest at the end.   Plus the whole point of a basic income isn't to \"\"eliminate inequality.\"\" It is an effort to \"\"reduce inequality.\"\" Most people in the basic income community are against extreme inequality. They do not say that inequality should be inherently avoided. They say that there is such a thing as \"\"TOO MUCH\"\" inequality which can cause various problems, and that we have come to that point on Earth.\""}
{"_id": "535862", "title": "", "text": "Yep. Look at Market Basket's current debacle as a prime example. On NPR someone's opinion was that it works (there's many family-owned/run companies), but there's family issues (power disputes, control, vision, etc.) which if aren't managed/sort well can bubble up, grow, and potentially harm the company."}
{"_id": "535865", "title": "", "text": "They are almost always behind paywalls. The analysts that write these reports need to get paid somehow.  I'd search for reports on google by specific topic and see what you find, but no where is there a treasure trove of free information"}
{"_id": "535869", "title": "", "text": "I disagree and see it all the time.  Here's one example: people who grow up in towns where business has died off and don't move because it's all they have ever known.   Sure there are legit reasons to hang around (family obligations, etc..) and not leave, but many just don't take the initiative to go where they can earn.   People did it all the time before the New Deal but afterwards are more content to draw off the government and stay poor."}
{"_id": "535886", "title": "", "text": "Kushagra Bajaj is the Joint Managing Director of Bajaj Hindusthan Ltd., a part of the Bajaj Group. Bajaj Hindusthan Ltd. is the leading manufacturer of Ethanol and Sugar in Asia and amongst the top 4 sugar companies globally. Bajaj Group is one of the most respected and reknowned business houses of India. Kushagra Nayan Bajaj is Vice Chairman of the group as well."}
{"_id": "535898", "title": "", "text": "State capitalism has been kicking normal capitalisms ass for decades.  China, Vietnam, South Korea are all doing great in terms of state supported capitalism.  Of course Microsoft and Apple make massive profits selling to the government as well.  Those free profits are also a soft form of state capitalist support."}
{"_id": "535902", "title": "", "text": "Chocolate is an enormously dry food. There are numerous easy ways to enrobing chocolate. We have all kinds of chocolate making machine. If you need to Chocolate enrobing machine, then you can contact our office. We provide you with the best quality machine at a great range. On the off chance that the chocolate is permitted to cool individually, the gems of fat will be free, bringing about a chocolate that is dull in appearance, delicate and moldable to the touch."}
{"_id": "535918", "title": "", "text": "\"What would be the best strategy to avoid paying income taxes on the   sale after I move to another US state? Leaving the US and terminating your US residency before the sale closes. Otherwise consider checking your home country's tax treaty with the US. In any case, for proper tax planning you should employ a licensed tax adviser - an EA, CPA or an attorney licensed in your State (the one you'd be when the sale closes). No-one else is legally allowed to provide you tax advice on the matter. Because the company abroad is befriended, I have control over when   (and e.g. in how many chunks) the earnings of the sale flow into my   LLC. So I can plan where I live when that money hits my US account. I'm not familiar with the term \"\"befriended\"\" in this context, but form what I understand your description - its a shell corporation under your own control. This means that the transfer of money between the corporation and your LLC is of no consequence, you constructively received the money when the corporation got it, not the LLC. Your fundamental misunderstanding is that there's importance to when the money hits your US bank account. This is irrelevant. The US taxes your worldwide income, so it is taxed when you earn it, not when you transfer it into the country (as opposed to some other countries, for example India or the UK). As such, in your current scheme, it seems to me that you're breaking the US tax law. This is my personal impression, of course, get a professional advice from a licensed tax professional as I defined earlier.\""}
{"_id": "535928", "title": "", "text": "You can absolutely query multiple data points into a unified interface with Gsuites. Not to mention create in-depth dashboards that feed from centralized raw data (coming from multiple channels) and pushes it to charts/forms.  The hotkeys are limited, continuously improving with other functionalities, but excel can certainly maintain more data. Probably one of my biggest painpoints with using Gsheets.   Excel and PowerPoint produce cleaner and more manipulative charts, but overall, the fundamentals are there if you take the time to digest the differences."}
{"_id": "535931", "title": "", "text": "If this is truly your emergency fund, then you should keep the money safe. Unfortunately interest rates are very low right now and there is not much you can do about that. However, ask your investment advisor for a CDIC insured high interest account, such as these:"}
{"_id": "535936", "title": "", "text": "You can only lose your 7%. The idea that a certain security is more volatile than others in your portfolio does not mean that you can lose more than the value of the investment. The one exception is that a short position has unlimited downside, but i dont think there are any straight short mutual funds."}
{"_id": "535947", "title": "", "text": "Krugman (Nobel prize in Economy) has just said: Greek euro exit, very possibly next month. Huge withdrawals from Spanish and Italian banks, as depositors try to move their money to Germany. 3a. Maybe, just possibly, de facto controls, with banks forbidden to   transfer deposits out of country and limits on cash withdrawals. 3b. Alternatively, or maybe in tandem, huge draws on ECB credit to   keep the banks from collapsing. 4a. Germany has a choice. Accept huge indirect public claims on Italy   and Spain, plus a drastic revision of strategy \u2014 basically, to give   Spain in particular any hope you need both guarantees on its debt to   hold borrowing costs down and a higher eurozone inflation target to   make relative price adjustment possible; or: 4b. End of the euro. And we\u2019re talking about months, not years, for this to play out. http://krugman.blogs.nytimes.com/2012/05/13/eurodammerung-2/"}
{"_id": "535954", "title": "", "text": "\"I don't think you got my point. My point is, that although your statements seem great \"\"on paper,\"\" in reality this statement:  &gt;Moreover, it can't be that hard to find a group of 4-5 people who aren't stupid. I can think of a dozen friends of mine off the top of my head I'd have complete confidence in if we decided to rob a bank.  Is complete bullshit.\""}
{"_id": "535963", "title": "", "text": "Have you looked at DIY roof repair?  Caulking with tar adhesive, and shingle replacement isn't that hard, if you're in good health.  Totally depends on how bad your roof is/what the demands on it are going to be.   If you can squeak another year out of it, with minimal investment, you'll have a year's worth of, say car-debt (at what percent interest?) to put into your roof fund."}
{"_id": "535972", "title": "", "text": "I would point this out to the committee or other entity in charge of handling this at work. They do have a fiduciary responsibility for the participant's money and should take anything reasonable seriously. The flip side to this is 95% of participants -- especially participants under 35 or so -- really pay next to no attention to this stuff. We consider it a victory to get people to pony up the matching contributions. Active participation in investment would blow our minds."}
{"_id": "535984", "title": "", "text": "Considering that Roku isn't even profitable I'm going to say that any increase in short term price is going to be a result of investor speculation because these rich dudes who have accounts at big wealth management divisions want to get in quick because they think it's another amazing tech company that's going to bring in billions and everyone knows that technology is always going to improve. I said the same thing about the Blue Apron IPO. They're not even profitable! Businesses exist to make a profit lol I don't get it. There's better things to actually invest in this current bull market, these tech IPOs seem to excite everyone's investor emotions.  That's just my opinion though I mean I'm just a kid lol    Edit: I should also mention my household completely got rid of cable a few months ago and picked up a few of the Roku devices. They work great so far and are cheaper than cable. It's not a terrible product in my opinion."}
{"_id": "535986", "title": "", "text": "Some Airconditioner cleaning Newcastle has a timely service guarantee, which is definitely something to look for. Along with timely service, being able to easily and efficiently contact the service provider is equally important. Both Express Aircon Cleaning and Fresh Aircon Services offer multiple ways to get in touch with their business, both online and by phone."}
{"_id": "535998", "title": "", "text": "Thanks. Just to clarify I am looking for a more value-neutral answer in terms of things like Sharpe ratios. I think it's an oversimplification to say that on average you lose money because of put options - even if they expire uselessly 90% of the time, they still have some expected payoff that kicks in 10% of the time, and if the price is less than the expected payoff you will earn money in the long term by investing in put options (I am sure you know this as a PhD student I just wanted to get it out there.)I guess more formally my question would be are there studies on whether options prices correspond well to the diversification benefits they offer from an MPT point of view."}
{"_id": "536001", "title": "", "text": "I'm being realistic. They're dumping tens of millions of dollars into an operation that shows no real signs of earning any kind of profit in anything that approaches the short or medium term. They're making expensive cars at Ferrari volumes for BMW prices in limited markets while the major automakers introduce more and more electric and hybrid cars. Once Mercedes and Ford and Honda have full electric cars on the road, serviced and backed by their huge network of dealerships, what does Tesla offer anyone? Toyota is happy, they pumped a relatively small amount of money into Tesla and have all but locked up rights to their IP should the company go bust.  Tesla is trying to capitalize on being first to market, but they're in a kind of catch 22: there isn't huge demand for electric cars right now, which means they won't be able to sell the volumes they need to grow their business and return a profit. As soon as the market is large enough for them to make a profit, the big guys are going to catch up and run them over. Who'd buy a Model S when they could get an electric 5 series for the same money? Who'd buy a Tesla Roadster if they could get an electric Boxster or 911?"}
{"_id": "536009", "title": "", "text": "\"Haha now there's two of you.  I have two twits parrot squawking in my ears in stereo.  Okay, so maybe you aren't from the US, in which case I can forgive your confusion and completely circular logic.  You must have gone back to Wikipedia or something, because the IS and LM curves are not, in your words, operating without \"\"control by powerful offices in government.\"\"  The IS and LM curve indeed cross at a level that is consistent with an equilibrium between income and expenditure's equilibirium with the money market.  But that's just the label slapped on it, it's not determinative as some sort of naturally occurring law of economics in our society.  No, these things don't just happen on their own.  If what you're inartfully implying were true, then there would be no such thing as an expansionary or contractionary monetary policy.  Manipulating and controlling the money supply is the entire reason for the existence of the Federal Reserve!  What is wrong with you?  Go read a book or something on it, fuck me.  The Federal Reserve, by setting interest rates mainly, and by open market operations, and by less frequently changing the reserve requirements which directly controls the MONEY MULTIPLIER (you know, that thing that creates money out of thin air you seem to not be able to understand exists?) is constantly changing AGGREGATE DEMAND in the economy.  Aggregate demand is what the ISLM curve is about.  It's about the equilibrium between price levels and the level of economic OUTPUT DEMANDED.  But not supplied.  That's aggregate supply, and the Federal Reserve effects that less.  But yes, you've simply expanded the scope of things I could talk about that are fucked up about banks and the Fed in particular, because the Federal Reserve, in manipulating aggregate demand for money, actually is destroying money and the efficient use of money at the same time, because the LM curve in particular really represents the relationship between REAL income and the REAL money supply.  Real means not nominal, but in actual purchasing terms.  The Fed is manipulating an LM curve that at its base is a piece of logic built on the assumption that what's going into it are real numbers, and yet by definition, the Fed acting to manipulate it makes those numbers not determined by purely market forces, but also by the Fed.  That makes them less than real.  Basically the Federal Reserve pumps up artificial levels of demand in the economy, which lasts for a bit to generate growth numbers, but in the long term it simply results in inflation and a continually delayed (at least for now) reckoning where the artificial demand (i.e. the government's ability to borrow) cannot be further expanded, and something has to give.  This down the road would be a monetary crisis involving the US dollar being knocked off its perch as the world's primary reserve currency, and the yields on Treasuries skyrocketing to the point that the government is either forced to behave or else print so much money to actually cover interest payments on the debt that the flood of money into the economy causes catastrophic inflation.  But anyway, my point is that you're making a circular argument, because you're saying that the Fed doesn't interfere in or exert tremendous control over the economy, because there's something that we know shows the given price level of money in an economy called the ISLM curve, falsely implying that everything's fine with money because it's determined by mechanical, natural laws, almost like gravity, when in fact the Federal Reserve's whole purpose is to manipulate the inputs that go into that curve.  It reduces interest rates which artificially increases income.  It also increases the velocity of money, an input for the LM curve, by increasing nominal economic output, etc. etc.  The IS and LM curves are not these things that just sort of happen on their own.  This may come as a shock, but the US has a central bank which has as its sole purpose the manipulation of these curves.  Its central mandate is control of price levels.  Its unspoken mandate is to preserve the status of the big banks on the top of society, which is why the big banks created it in the first place, and why they own all the branches (this is the root fact behind why some people say that the Federal Reserve is in fact not federal and is instead privately owned, which isn't completely literally true, but true enough in the sense that it has a clear conflict of interest between the public good it's supposed to be upholding and the private interests of the banks that own its branches and exert control over the financial system, mainly through the New York branch). But that's not the whole story about the total money supply.  There's also the pyramiding effect of the money multiplier.  It's as if you're just pretending these things don't exist.  It's real, I assure you.  Banks create money out of thin air when they extend credit to you.  To pay the obligation to them, you use the real money you in fact earned through your own labor, or from some real asset you might have.  They get the better end of the deal, and almost all the money in the economy is spawned by this process, this insanely exorbitant privilege they have.  And yes, I have a problem with it.\""}
{"_id": "536018", "title": "", "text": "I agree about irresponsible pay at the top level, but disagree about a company hiring on workers just to be a good citizen of the country.   We should be doing everything we can, as a country, to educate our citizens for these higher level jobs and promote entrepreneurship and growth of new industries to generate jobs. That is how we can get everyone employed.   Just asking corporations to hire on dead weight for the hell of it on a macro level is harmful, not helpful, and could lead to more unemployment when the next recession hits as entire companies are taken down for being irresponsible."}
{"_id": "536043", "title": "", "text": "The opposite of a hedge is leverage (aka gearing). A hedge is where you spend money to reduce your exposure. Leverage is where you spend money to increase your exposure. Spread bets are a form of leverage - that's what makes them such an effective way to lose all your money, quickly."}
{"_id": "536048", "title": "", "text": "It's not too difficult. Every state has a few local banks that don't do this shit and with new current technology most have apps and allow you to deposit money without going to the bank itself. Yeah you don't have an ATMs everywhere but the need for ATMs deacreses each year. My local bank will even refunds me ATM charges up to 100$ a year."}
{"_id": "536059", "title": "", "text": "\"The financing is built into the price.  I do not have hard facts, but I strongly suspect that very few people buy brand-new smartphones at full price upfront.  Most pay a monthly installment to the carrier or retailer equal to 1/24 of the full price, which in effect is \"\"0% financing for 2 years\"\".  Samsung might be able to advertise a lower retail price and then offer financing at some rate of interest, but from a marketing standpoint, offering \"\"0%\"\" financing makes it feel like you're getting \"\"free money\"\", when in fact it's built into the overall price. Which sounds better, buying an $840 phone with 0% financing for two years or buying an $800 phone at 4.85% APR for two years (both have a $35 monthly payment)?\""}
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{"_id": "536088", "title": "", "text": "not sure about the drivers. but the main gripe that has been made public is in the warehouses regarding shitter breaks. which are limited and timed......but fuck those people. cause even if they leave. the only retail jobs left in about 8 years will be right back with amazon. truth sucks."}
{"_id": "536094", "title": "", "text": "Exactly.  My unit is short staffed nurses.  I get payed double for every extra i work and that's not including over time.    I do it because it's short lived until new staff are hired and trained.  If my boss was not the boss she is, i would not do this.  We are not short staffed because of her.  We are short staffed because we are constantly learning and pushing ourselves to the next level and for many that means higher education either a doctorate program in nursing or medical school.  We all work on a great unit where we learn every day.  We work together every day.  We are a team.  We do not code patients on our own.  We do it together.  There is no other place i have worked in healthcare that is so clearly a team than where i am now."}
{"_id": "536098", "title": "", "text": "\"In the course of one's spending, it's not tough to find things that are going to be that expensive.  A median income is in the $50K range in the US. The diamond folk advertise that one should spend 3 month's salary on an engagement ring. Even with a decent income, I spent zero. My wife was practical, not interested in jewelry, and wanted a big house. The money went to the downpayment. The house cost 2.5 years salary at that time.  A car, even used, will cost some month's salary.  If that $50K earner is saving, has an emergency account, and is on track with their financial long term goals, a week's pay can buy a nice sized TV.  A nice vacation can cost a week's pay to a month's pay.  Your question is great, although it shows a concern that's typical very early on in one's career. There are related question here about \"\"how can I spend more?\"\" They tend to come from someone living on a student budget that now has an adult's income from a desirable job. The answer is to sit down, list your monthly spending, properly budget a decent portion for savings, and see how much you have for frivolous spending. Keep in mind, it's easier to sock it away now. No house, no kids, etc. When we were first married, we lived on my wife's income (in effect) and socked mine away. The house tightened the budget, as did the kid.  In the end, the PS4 is less about the $400 than it is about the rest of your finances.\""}
{"_id": "536099", "title": "", "text": "\"I agree that retail looks for orderly markets, but orderly markets have really never existed. Really study market history, and you'll see that markets are more orderly today than they ever have been. The stuff that used to take place was just insane and happened before computers--let alone HFT.  Let me state that, while it may seem like I'm defending HFT, my algos are actually much longer-term and wouldn't be hurt by any of your proposals. I think many of the HFT guys are no better than those three-card monte sharks who used to fill Times Square. But they're just playing the game. They're not good, but they're also not bad; they're just another segment of players. In orderly markets (up and down), they really do add liquidity. When things go awry as they tend to do in the markets, the HFTs step aside. But don't fool yourself--market makers have always done the exact same thing. And also remember that many markets don't even have market makers; traders provide all liquidity.  Here's the thing. Retail investors swarm to the markets when everything is going up and up. They believe they can do no wrong and that prices will go up forever. Then the market gets a bit tougher, retail investors (and most \"\"pros,\"\" by the way) start to lose, and then retail investors cry foul. Markets were never intended to be a nice, safe playground for the masses. They were designed for those who dedicate their lives to understanding them. I don't pretend that I can litigate a legal case, operate on someone's brain, or build a bridge. Experts have studied those areas for decades and are quite good at those things. But retail investors have always thought of Wall Street as some sort of \"\"safe Las Vegas.\"\" In reality, it's survival of the fiercest.  I'll say to you what I say to every one of my friend's who wants me to \"\"show them a few things about trading\"\": If you aren't going to really commit thousands of hours to understanding the markets, then stay out. Invest money that you don't need for some time in a few good mutual funds. Keep your debt to a minimum. Don't chase quick profits if you don't understand the game.\""}
{"_id": "536120", "title": "", "text": "Where are you planning on buying this ETF?  I'm guessing it's directly through Vanguard?  If so, that's likely your first reason - the majority of brokerage accounts charge a commission per trade for ETFs (and equities) but not for mutual funds.   Another reason is that people who work in the financial industry (brokerages, mutual fund companies, etc) have to request permission for every trade before placing an order.  This applies to equities and ETFs but does not apply to mutual funds.  It's common for a request to be denied (if the brokerage has inside information due to other business lines they'll block trading, if a mutual fund company is trading the same security they'll block trading, etc) without an explanation.  This can happen for months.  For these folks it's typically easier to use mutual funds. So, if someone can open an account with Vanguard and doesn't work in the financial industry then I agree with your premise.  The Vanguard Admiral shares have a much lower expense, typically very close to their ETFs. Source:  worked for a brokerage and mutual fund company"}
{"_id": "536126", "title": "", "text": "You should absolutely go for it, and I encourage you to look for multi-unit (up to 4) properties if there are any in your area.  With nulti-unit properties it is far more common than not that the other units pay the mortgage. To comment on your point about slowly building an asset if the renter covers the payment; that's true, but you're also missing the fact that you get to write off the interest on your income taxes, that's another great benefit. If you intend to make a habit out of being a landlord, I highly encourage you to use a property management company.  Most charge less than 10% and will handle all of the tough stuff for you, like:  fielding sob stories from tenants, evicting tenants, finding new tenants, checking to make sure the property is maintained...  It's worth it. There fees are also tax-deductible... It makes a boat load of sense.  Just look at the world around you.  How many wealthy people rent???  I've met one, but they own investment properties though..."}
{"_id": "536132", "title": "", "text": "This is just a partial answer, but I believe the following observations are relevant:"}
{"_id": "536133", "title": "", "text": "One of the most common questions I get asked is \u201cHow much does it cost to make an app?\u201d Here's the list of different factors which influence app development cost, including features, platforms, external services and server costs. Visit to read full story."}
{"_id": "536136", "title": "", "text": "I've never heard of portable mortgages in the US. If you can't afford two mortgages, you will have to sell the first house to pay off its mortgage before you can buy the 2nd house.  This is done all the time in the US. You can put your current house on the market (advertise it for sale) then arrange for a long closing while you arrange to buy a new house. Also, you can make an offer on a new house and include a contingency clause that you must sell your current house first.  Good escrow companies are very good at managing cascading transactions like this."}
{"_id": "536151", "title": "", "text": "As per the SIPC website: Most customers can expect to receive their property in one to three   months. When the records of the brokerage firm are accurate,   deliveries of some securities and cash to customers may begin shortly   after the trustee receives the completed claim forms from customers,   or even earlier if the trustee can transfer customer accounts to   another broker-dealer. Delays of several months usually arise when the   failed brokerage firm\u2019s records are not accurate. It also is not   uncommon for delays to take place when the troubled brokerage firm or   its principals were involved in fraud. Source link: http://www.sipc.org/Who/SIPCQuestions/SIPCQuestion3.aspx"}
{"_id": "536174", "title": "", "text": "Assuming there is actual competition that is what will happen.    If MS offers M&amp;A advisory for $3 MM, their operating expenses for the project is $2 MM . DB has greater technological efficiency, cutting down on analyst and support staff costs. Their operating expenses is only $1 MM, their best choice of action would be to undercut to $2.5 MM. This allows them to boost their operating margins and ROE while the client saves $500,000.   Obviously if they are a monopoly, any technology gain just means fatter margins since they have all the pricing power."}
{"_id": "536187", "title": "", "text": "That is all great and all, but constantly giving these comedians $40 million for a few hours of content is driving up prices at netflix and everywhere else. Someday netflix will be $40 a month, and we will remember the $7.99 good old days."}
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{"_id": "536194", "title": "", "text": "Check out WorldCap.org. They provide fundamental data for Hong Kong stocks in combination with an iPad app. Disclosure: I am affiliated with WorldCap."}
{"_id": "536196", "title": "", "text": "Don't ever quantify a stock's preference/performance just based on the dividend it is paying out Volatility defined by movements in the the stock's price, affected by factors embedded in the stock e.g. the corporation, the business it is in, the economy, the management etc etc. Apple wasn't paying dividends but people were still buying into it. Same with Amazon, Berkshire, Google. These companies create value by investing their earnings back into their company and this is reflected in their share prices. Their earnings create more value in this way for the stockholders. The holding structures of these companies also help them in their motives. Supposedly $100 invested in either stocks. For keeping things easy, you invested at the same time in both, single annual dividend and prices more or less remain constant. Company A: $5/share at 20% annual dividend yield.  Dividend = $20 Company B: $10/share at 20% annual dividend yield  Dividend = $20 You receive the same dividend in both cases. Volatility willn't affect you unless you are trading, or the stock market tanks, or some very bad news comes out of either company or on the economy. Volatility in the long term averages out, except in specific outlier cases e.g. Lehman bankruptcy and the financial crash which are rare but do happen. In general case the %price movements in both stocks would more or less follow the markets (not exactly though) except when relevant news for either corporations come out."}
{"_id": "536203", "title": "", "text": "\"AirMoney seems to deliver money either through the Doddle service, or the Royal Mail. You are given a tracking number for either, so the transfer of money is nothing to worry about. You can contact Doddle if you find that they never send a package or they give you a false tracking number. In regards to claiming compensation if you do get shafted, AirMoney is owned by CityForex Limited, who are registered with the FCA (#524412). You can complain here. Finally, in AirMoney's T&C's, Section 5.1.5, they state that \"\"If there is a Shortage in any Package the Client must notify Airmoney within 48 hours after receipt of the Package. In the event that the Client notifies Airmoney of a Shortage in accordance with Clause 5.1.6, Airmoney may review its CCTV footage of the Package being packaged for delivery.\"\" You can contact then via the details noted in Section 11.11. If you would like my opinion of a good travel money option, Revolut saves you a lot of time - you can load money in your home currency, and withdraw in a number of currencies. Money is exchanged at interbank rates. Alternatively, a number of other prepaid choices exist for UK customers: WeSwap, FairFX, Caxton, ICE, MoneyCorp, Travelex, EVEN, and AA. They all offer differing transaction fees, withdrawal fees etc. You can find out information about them by searching \"\"Compare multi currency prepaid cards\"\", and following the link from MoneySupermarket. Hope this helps!\""}
{"_id": "536208", "title": "", "text": "Are you searching for an online shop to buy these ebikes. If yes,then contact EcoQuipNZ Ltd. It deals with various models of ebikes along with ebike kits and other accessories. It deals with ebikes of various models and is of good quality. These are available at an affordable price."}
{"_id": "536212", "title": "", "text": "\"Essentially, yes.  Any and all decisions a business make are for one reason: $$$      Your paid vacation?  That's an incentive to get better, more productive workers.  Your company has done a cost/benefit analysis and they've figured out that it's worth their money to pay you to do nothing for a week because that paid vacation is a perk of the job that will get them better job applicants.  OR they want you taking a vacation because you'll come back rested and refreshed. And that makes them money. (See also: every other job benefit.)    \"\"Oh, well my company is a great civic member who does good work for the community.\"\"  And I bet they never pass up an opportunity to tell people about it.  Because they don't care about feeding the homeless kittens.  They care about customers KNOWING they feed the homeless kittens.  Because it makes them money.      The point of a business is to make money, not employ people.\""}
{"_id": "536217", "title": "", "text": "Not disagreeing, but if you use it in the right manner, it can be beneficial.  Similar to twitter, it can be absolutely useless to most people.  However, if you are into news, you can only follow news outlets, and get breaking news as fast as anyone."}
{"_id": "536220", "title": "", "text": "&gt;Does that shield them from any criticism?  The problem is the article is arguing Walmart is off loading to govrt and yet Walmart paid a huge chunk of those govrt. welfare by paying $7.1B in tax. Does this stop your bleeding heart? eh? liberal?"}
{"_id": "536229", "title": "", "text": "A cash management account from an investment firm like Fidelity or Schwab will do that: you can access funds by check or ATM and get a bit of interest. The interest rates are very low. Or you could put it in a money market account and access it by check with a slightly less worse interest rate. You can pursue higher returns by investing part of the money, but with increasing risk as you seek higher returns. Options include putting some of the money into a short term bond fund, for example."}
{"_id": "536262", "title": "", "text": "\"littleadv's first comment - check the note - is really the answer. But your issue is twofold -  Every mortgage I've had (over 10 in my lifetime) allows early principal payments. The extra principal can only be applied at the same time as the regular payment. Think of it this way - only at that moment is there no interest owed. If a week later you try to pay toward only principal, the system will not handle it. Pretty simple - extra principal with the payment due. In fact, any mortgage I've had that offered a monthly bill or coupon book will have that very line \"\"extra principal.\"\" By coincidence, I just did this for a mortgage on my rental. I make these payments through my bank's billpay service. I noted the extra principal in the 'notes' section of the virtual check. But again, the note will explicitly state if there's an issue with prepayments of principal. The larger issue is that your friend wishes to treat the mortgage like a bi-weekly. The bank expects the full amount as a payment and likely, has no obligation to accept anything less than the full amount. Given my first comment above here is the plan for your friend to do 99% of what she wishes: Tell her, there's nothing magic about bi-weekly, it's a budget-clever way to send the money, but over a year, it's simply paying 108% of the normal payment. If she wants to burn the mortgage faster, tell her to add what she wishes every month, even $10, it all adds up.  Final note - There are two schools of thought to either extreme, (a) pay the mortgage off as fast as you can, no debt is the goal and (b) the mortgage is the lowest rate you'll ever have on borrowed money, pay it as slow as you can, and invest any extra money. I accept and respect both views. For your friend, and first group, I'm compelled to add - Be sure to deposit to your retirement account's matched funds to gain the entire match. $1 can pay toward your 6% mortgage or be doubled on deposit to $2 in your 401(k), if available. And pay off all high interest debt first. This should stand to reason, but I've seen people keep their 18% card debt while prepaying their mortgage.\""}
{"_id": "536282", "title": "", "text": "ETrade allows this without fees (when investing into one of the No-Load/No-Fees funds from their list). The Sharebuilder plan is better when investing into ETF's or stocks, not for mutual funds, their choice (of no-fees funds) is rather limited on Sharebuilder."}
{"_id": "536308", "title": "", "text": "My question is did the jobs that were between minimum wage and 15 scale appropriately during this time? I made 15 an hour doing roofing for a while and if this didn't cause a pay raise if do something with minimal effort."}
{"_id": "536316", "title": "", "text": "It's possible to build your own website with WordPress but from my experience, most business owners don't want to bother with it themselves. Then there are the clients that use free tools like GoDaddy Website Tonight, etc. Yeah, those are the clients that eventually fold and go to a designer because the end result of what they built was shit."}
{"_id": "536318", "title": "", "text": "Agreed, but it's not like the enemy of your enemy is your friend in this case.   Bezos just wants your wallet and doesn't give a shit about you, just like Trump wants your votes and doesn't give a shit about you.   They've both left a trail of destruction in their respective rises to the top."}
{"_id": "536345", "title": "", "text": "\"Stock recommendations and price history are an unwise way to invest. People that recommend stocks are usually compensation for recommending it. They are paid directly by third parties, that can be paid in shares, they can simply own the stock themselves and if the stock goes up they can sell it to new investors at a higher price (or even a lower price, they may not actually care) Price history does not tell you a complete picture, what kind of price history are you even looking at: \"\"this stock went up, let me buy now at the very top and hope it goes higher, am I too late\"\" \"\"this stock went down let me avoid it\"\" if you don't know why, what, who, when, assets, debt, etc, you shouldn't be buying the stock.\""}
{"_id": "536364", "title": "", "text": "As much as I know StarMoney has also a web service for banking."}
{"_id": "536374", "title": "", "text": "\"Re: Specifically, am I right in that everything I put on these is deducted from tax, or are there other rules? and  Am I correctly understanding this as \"\"anything above \u00a33,600 per year will not be deducted from your tax\"\"? Neither interpretation seems quite right\u2026 Unless what you mean is this: The contributions (to a pension, or to the share-save scheme) are deducted from your pay before it is taxed. That's how it works for employer-run pension schemes. In other words, you are paying the gross amount you earn into the pension, not the amount after tax. It's a tax-efficient way to save, because: compared to other forms of saving: (The bit about the \u00a33,600: you can ignore this assuming you're earning more than \u00a33,600 a year.) What happens to the pension if you decide to move back to France or another country? In some cases you can transfer tax free. Worst case, you'd pay some tax on the transfer but not more than 25%. [See here for the current rules: https://www.gov.uk/transferring-your-pension/transferring-to-an-overseas-pension-scheme. Re: the share scheme, if by 'salary exchange' you mean salary sacrifice (where your gross pay is officially reduced by that amount e.g. \u00a3150 a month), that's even more tax-efficient, because it saves you paying the National Insurance contribution too (approx 9% of the pay packet). Conclusion: Saving into pension and company share save schemes is supremely tax-efficient and, provided you're OK with your money being locked away until you're 57 (pension) or tied up in company shares, it's understandably many people's priority to make use of these schemes before considering other forms of saving where you pay into them from your salary after tax. Now, about this: I am trying to understand how much I should put into it Should I put money into these, or should look for another way to save (how will this work out if I go back to France or another country)? Nobody here can advise you what to do since individuals' goals and circumstances are different and we don't know enough of the picture. That said: FWIW, I'll tell you what I might do based solely on what you've told us in the question\u2026 First, I'd definitely contribute 6% to the company pension. This gets you the full employer match. That's free money (plus, remember the tax relief = more free money). If you're 27, a total of 12% salary into a pension a year is a decent rate to start saving for retirement. Actually, 14% would be generally advisable, and maybe more still \u2013 it's generally a case of 'the more the better' especially while young, as you have time for growth and you don't know what later priorities might change / financial needs might arise. Nevertheless, you said you might move overseas. So in your position I would then:\""}
{"_id": "536387", "title": "", "text": "Marie Curie, Hedy Lamarr, Katherine Johnson, Mary Jackson and Dorothy Vaughan and I guess many more.  It's not that women are that rare in the work space, I think they are less self-promoting and, subsequently, promoted...Even if the numbers is not 1:1, there are still enough of them to make the difference."}
{"_id": "536390", "title": "", "text": "No matter what, you owe taxes on the gains, known as capital gains. How much, depends on how long you invested it for. In your example, each month is treated separately - each month you contribute starts a new clock on that set of investments. If you hold it for longer than a year, the taxes are treated as long-term, and less than a year is short-term. Short term taxes are at your marginal rate, and long term taxes are different, usually 15%. https://www.irs.gov/taxtopics/tc400/tc409"}
{"_id": "536394", "title": "", "text": "I was a Math-Econ interdisciplinary for my undergrad, have completed my MS in Math Finance, and am currently studying for a Ph.D. in Finance.  Verik's summary of the math required for a MS Math Finance program is accurate.  I'd also want to emphasize practicing your programming skills in general; depending on the professor, they may prefer you work in MATLAB, Stata, SAS, C++, etc., so a basic understanding of programming is helpful.  I can give you book suggestions for a few of these topics (for example, I'm fairly certain the Shreve books are the standard for Stochastic Calculus,) but it may not be much help if you're going to a program that is less quantitatively oriented.  Feel free to message me any random questions you have."}
{"_id": "536405", "title": "", "text": "The article doesn't say they outdid 46 states cumulatively.  Just that, if taken as a state, Amazon comes in 5th in job creation.  The list:  Texas: 284,300  California: 227,400  Florida: 226,800  New York: 141,900  Amazon: 113,500  Georgia: 112,900  ..."}
{"_id": "536431", "title": "", "text": "Because those are supplementary jobs not careers. Those are jobs that high school kids and the retired can pick up part time. People that are working full time can teach themselves value adding skills like coding for free from a public library. Especially if they're only working 40 hours a week, they have plenty of extra time. I've worked 90 hour weeks for years and still taught myself useful skills in my free time. If these people aren't willing to improve their skill set while working a supplementary job then they will be left able to afford an ok life for 1 person. They should not have a family."}
{"_id": "536454", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://about.bnef.com/blog/electric-vehicles-accelerate-54-new-car-sales-2040/) reduced by 92%. (I'm a bot) ***** &gt; London and New York, 6 July 2017 - Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to new research published today.  &gt; The team now estimates that EVs will account for 54% of all new light-duty vehicle sales globally by 2040, not the 35% share it forecast previously.  &gt; BNEF sees them accounting for nearly 67% of new car sales in Europe by 2040, and for 58% in of sales in the U.S. and 51% in China by the same date.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6p1zel/electric_vehicles_to_accelerate_to_54_of_new_car/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~173744 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **New**^#1 **vehicle**^#2 **BNEF**^#3 **Energy**^#4 **Bloomberg**^#5\""}
{"_id": "536456", "title": "", "text": "Mining/discovery of gold can be inflationary -- the Spanish looting of Central America for a few hundred years or the gold rush in the 19th century US are examples of that phenomenon. The difference between printing currency and mining is that you have to ability to print money on demand, while mining is limited to whatever is available to extract at a given time. The rising price of gold may be contributing to increased production, as low-grade ore that wasn't economically viable to work with in the 1980's are now affordable."}
{"_id": "536462", "title": "", "text": "My reaction to this is that your observation @D.W. is spot on correct: It sounds like long-term market timing: trying to do a better job than   the rest of the market at predicting, based upon a simple formula,   whether the market is over-priced or under-priced. I read the post by the founder of Valuation Informed Indexing, Rob Bennet. Glance at  the comments section. Rob clearly states that he doesn't even use his own strategy, and has not owned, nor traded, any stocks since 1996! As another commenter summarizes it, addressing Rob: This is 2011. You\u2019ve been 100% out of stocks \u2014 including indexes \u2014   since 1996? That\u2019s 15 years of taking whatever the bond market, CDs or   TIPS will yield (often and currently less than 2%)... I\u2019m curious how   you defend not following your own program even as you recommend it for   others? Rob basically says that stocks haven't shown the right signals for buying since 1996, so he's stuck with bonds, CD's and fixed-income instead. This is a VERY long-term horizon point of view (a bit of sarcasm edges in from me). Answering your more general question, what do I think of this particular Price/ Earnings based ratio as a way to signal asset allocation change i.e. Valuation Informed Investing? I don't like it much."}
{"_id": "536463", "title": "", "text": "\"There is no universal answer here.  Some card issuers will.  Some that will close the account will warn you first.  For my \"\"sock drawer\"\" cards I'll try to take each out semi-annually to make a single transaction, then put it back in the drawer. I've heard you should charge something quarterly, I've never had one closed with semi-annual charges.\""}
{"_id": "536469", "title": "", "text": "\"&gt; Some private investors in Silicon Valley approached Ayasdi about making money off sports, but Muthu remains nonplussed. \"\"The thing I'm most interested in is not gambling or predictions or fantasy,\"\" he told me, \"\"but in-game strategy and GM-type decisions.\"\" It was the latest example of the brains in sports chasing another kind of fabulous wealth. The wins are their spoils.  Keepin' it real, kid.\""}
{"_id": "536475", "title": "", "text": "yes and no its definitely not charitable as they are making money of off you but depending on the outside conditions if you had to pay a mortgage on that condo with only 35k in payments to start off it would more than likely exceed 500 dollars a month however there would always be a point were the mortgage would end and it dosent sound like thats going to be the case with you paying your parents so it depends on how long your going to have that condo and how much mortgage would have been."}
{"_id": "536483", "title": "", "text": "Normal high street accounts certainly are available to non-residents. I have several, and I haven't been resident in the UK for fourteen years. However you do need to open them before you leave. They need identification. Once you have one open, the same bank should be able to open other accounts by mail. The disadvantage of course is that you will pay tax on your earnings, and while you can claim it back that's an unnecessary piece of work if you don't have other UK earnings. I would take the risk of an offshore account, assuming it's with a big reputable bank - the kind that are going to be bailed out if there is another collapse. An alternative might be a fixed term deposit. You lock up your money for three years, and you get it back plus a single interest payment at the end of three years. You would pay nothing in tax while you were gone, but the whole interest amount would be taxable when you got back."}
{"_id": "536495", "title": "", "text": "If you need to send out a pitch deck to angels and VC's, look up Angel Vision Investors. This is a fast and easy way to get your pitchdeck into the inboxes of thousand of qualified investors today; ultimately leading to getting you the funding you want."}
{"_id": "536497", "title": "", "text": "\"Banks are businesses, and as such should have the right to refuse service, so they should probably be able to choose one customer over another at will.   [I say \"\"should\"\" because business owners protecting themselves against litigation related to discrimination could restrict their freedom as business owners.] However, banks are businesses and if the customers are identical, both will be approved (or not) according to credit records.  Does not make sense to approve one person with a given credit record and refuse someone with a similar record.  Unless they barely qualify.  Since no two credit histories are identical, there are surely edge cases. Finally, if a customer is a long term customer with large deposits and/or significant amounts of business with the bank, the bankers will likely be inclined to do more business.\""}
{"_id": "536503", "title": "", "text": "Read the fine print and you will be fine.  The big caveat is that if you miss a payment for any reason, you will be in default as far as the promotional financing is concerned and will typically owe ALL of the accrued interest, which is usually computed at 20-25% per year. Personally, I use these sorts of offers all of the time at places like Home Depot for stuff that doesn't generally need warranty service. (Wood, tools, etc) Usually I pay the thing off over time as CDs mature. If I'm buying a TV, computer, etc. I always use my AMEX, because I get an extra year of warranty service and points for free."}
{"_id": "536505", "title": "", "text": "To me, any program which has its algorithm change based on input. Air control traffic systems would not satisfy this because although they adjust their path choices based on input, nothing changes about the algorithm. The algorithm was designed to adjust path choices based on input, and the way the algorithm approaches that does not change based on input."}
{"_id": "536509", "title": "", "text": "AAA Tours provides special Costa Rica adventures vacation packages for people who do not have time but want to experience the adventure in Costa Rica. We can plan your vacation in limited time you have starting with a trip to Costa Rica\u2019s beautiful rivers along rainforest shores on whitewater rapids, enjoyable ride on a horseback ride in the rain forest and ending with the charming beach town of Manuel Antonio. We can create the tour as per your preferences. http://www.aaatourcostarica.com/tour-costa-rica-adventure-adv1/"}
{"_id": "536514", "title": "", "text": "When you\u2019re getting any sort of painting job done, you want to make sure that you get the highest quality paint for the job. Do your research ahead of time and find whatever it is that you may be seeking when it comes to paint and you will have a much better result when we come to take care of the job at hand. http://barwickpainting.com/"}
{"_id": "536554", "title": "", "text": "If upper and Bollinger bands either converge ... or diverge ..., does that mean the market is TRENDING? No - Bollinger bands measure volatility, which is an measure of how much variation there is in the price of the instrument. It does not indicate a trend which means that the instrument tends to move in a consistent direction.  When Bollinger bands are close together, that means volatility is relatively low, and vice-versa. They can  be interpreted as signals that a stock might move in one direction or the other, but they are not a measure of directional movement."}
{"_id": "536564", "title": "", "text": "Just so I'm clear- the end result is a long call, and you think the stock is going up. There is nothing wrong with that fundamentally.  Be aware though: That's a negative theta trade. This means if your stock doesn't increase in price during the remaining time to expiration of your call option, the option will lose some of its value every day. It may still lose some of its value every day, depending on how much the stock price increases. The value of the call option just goes down and down as it approaches maturity, even if the stock price stays about the same. Being long a call (or a put) is a tough way to make money in the options market.  I would suggest using an out-of-the-money butterfly spread. The potential returns are a bit less. However, this is a cheap positive theta trade so you avoid time decay on the value of the option."}
{"_id": "536580", "title": "", "text": "\"Ah I got ya. I partially agree with you, but it's far more complex. I think that is simplifying the debate a bit too much. When people go \"\"passive\"\" you are making the assumption that they are able to stay fully invested the full time period (say 30-40 years until retirement when you might change the asset allocation). This is not a fair assumption because many studies on behavioral finance have shown that people (90% plus) are not able to sit tight through a full market cycle and often sell out during a bear market. I'm not debating you're point that passive often outperforms due to the fees (although there are many managers that do outperform), but the main issue with self-managing and passive investing is people usually make emotional decisions, which then hurts their long-term performance. This would be the reason to hire an adviser. Assuming that people are able to stay passive the entire time and not make a single \"\"active\"\" decision is a very unfair assumption. There was a good study on this referenced in Forbes article below: https://www.forbes.com/sites/advisor/2014/04/24/why-the-average-investors-investment-return-is-so-low/#5169be2b111a  Another issue is that there are a lot \"\"active managers\"\" that really just replicate their benchmarks and don't actually actively manage. If you look at active managers who really do have huge under-weights and over-weights relative to their benchmarks they actually tend to outperform them (look at the study below by martin cremers, he's one of the most highly respected researchers when it comes to investment performance research and the active vs passive debate)  http://www.cfapubs.org/doi/pdf/10.2469/faj.v73.n2.4  I guess what I'm trying to say is that for most people having an adviser (and paying them a 1% fee) is usually better than going it alone, where they are going to A. chase heat (I bet they always choose the hottest benchmark from the past few years) and B. make poor emotional decisions relating their finances.\""}
{"_id": "536600", "title": "", "text": "You missed the point of the piece if you think I was literally talking about artists by trait. Also, AI can not create, it can only replicate and optimize.   Thanks for reading.   ***Also - would you mind dropping this comment into the medium comments section? I would love to see what other people think and that's a much more active community."}
{"_id": "536604", "title": "", "text": "\"Dude, you are totally moving the goal posts. First of all, the fact that you had to crawl through my comment history and came up with a completely unrelated response rather than addressing my point is pretty pathetic, and a pretty common behavior who are wrong and don't want to admit it. I don't \"\"hate\"\" California, I think it's overrated. And I think it's overrated because what you get isn't worth what you pay. That isn't being \"\"biased\"\", it's cause and effect. If it didn't cost 3x as much to live in California as anywhere else, I would like it a lot more.  And the math doesn't work out. You in your original comment said the typical salary is 170K. Now that you have been proven wrong you are now claiming it's 200K+. That isn't the \"\"math working out\"\", that's distorting reality until it lines up with your preconceived notions.  And now you are restricting \"\"nature\"\" to mountains (since apparently anything that isn't red river gorge is \"\"ant hills\"\" and therefore not worth anything). Again moving the goalposts. And even if your idea of \"\"things to do in nature\"\" means \"\"I like backpacking in the mountains exclusively\"\", you would be much better off in places like Utah than California.  Repeatedly saying \"\"I've done the math, I've been offered a job\"\" doesn't mean anything when I've already shown you the math doesn't work out, and I too have been offered a 6 figure job in SF.  I'm clearly not the one that's biased, you are. Look, if you have built up California into some mythical place so sacred that you are so clearly willing to do mental gymnastics you are demonstrating in order to make reality conform with your personal notions, great. But for everyone else, the \"\"math\"\" (as in actual math, not changing the numbers around until it makes sense), doesnt work out.\""}
{"_id": "536610", "title": "", "text": "\"The wash sale rule only applies when the sale in question is at a loss.  So the rule does not apply at all to your cases 3, 4, 7, 8, 11, 12, 15, and 16, which all start with a gain.  You get a capital gain at the first sale and then a separately computed gain / loss at the second sale, depending on the case, BUT any gain or loss in the IRA is not a taxable event due to the usual tax-advantaged rules for the IRA. The wash sale does not apply to \"\"first\"\" sales in your IRA because there is no taxable gain or loss in that case.  That means that you wouldn't be seeking a deduction anyway, and there is nothing to get rolled into the repurchase. This means that the rule does not apply to 1-8.  For 5-8, where the second sale is in your brokerage account, you have a \"\"usual\"\" capital gain / loss as if the sale in the IRA didn't happen. (For 1-4, again, the second sale is in the IRA, so that sale is not taxable.) What's left are 9-10 (Brokerage -> IRA) and 13-14 (Brokerage -> Brokerage).   The easier two are 13-14.  In this case, you cannot take a capital loss deduction for the first sale at a loss.  The loss gets added to the basis of the repurchase instead.  When you ultimately close the position with the second sale, then you compute your gain or loss based on the modified basis.  Note that this means you need to be careful about what you mean by \"\"gain\"\" or \"\"loss\"\" at the second sale, because you need to be careful about when you account for the basis adjustment due to the wash sale. Example 1: All buys and sells are in your brokerage account.  You buy initially at $10 and sell at $8, creating a $2 loss.  But you buy again within the wash sale window at $9 and sell that at $12.  You get no deduction after the first sale because it's wash.  You have a $1 capital gain at the second sale because your basis is $11 = $9 + $2 due to the $2 basis adjustment from wash sale. Example 2: Same as Example 1, except that final sale is at $8 instead of at $12.  In this case you appear to have taken a $2 loss on the first buy-sell and another $1 loss on the second buy-sell.  For taxes however, you cannot claim the loss at the first sale due to the wash.  At the second sale, your basis is still $11 (as in Example 1), so your overall capital loss is the $3 dollars that you might expect, computed as the $8 final sale price minus the $11 (wash-adjusted) basis. Now for 9-10 (Brokerage->IRA), things are a little more complicated.  In the IRA, you don't worry about the basis of individual stocks that you hold because of the way that tax advantages of those accounts work.  You do need to worry about the basis of the IRA account as a whole, however, in some cases.  The most common case would be if you have non-deductable contributions to your traditional IRA.  When you eventually withdraw, you don't pay tax on any distributions that are attributable to those nondeductible contributions (because you already paid tax on that part).  There are other cases where basis of your account matters, but that's a whole question in itself - It's enough for now to understand 1. Basis in your IRA as a whole is a well-defined concept with tax implications, and 2. Basis in individual holdings within your account don't matter. So with the brokerage-IRA wash sale, there are two questions:  1. Can you take the capital loss on the brokerage side?  2. If no because of the wash sale, does this increase the basis of your IRA account (as a whole)?  The answer to both is \"\"no,\"\" although the reason is not obvious. The IRS actually put out a Special Bulletin to answer the question specifically because it was unclear in the law. Bottom line for 9-10 is that you apparently are losing your tax deduction completely in that case. In addition, if you were counting on an increase in the basis of your IRA to avoid early distribution penalties, you don't get that either, which will result in yet more tax if you actually take the early distribution. In addition to the Special Bulletin noted above, Publication 550, which talks about wash sale rules for individuals, may also help some.\""}
{"_id": "536616", "title": "", "text": "Isn't that the very definition of civilization - banding together and making choices for the betterment of *society*, even while possibly *not* the betterment of *every* individual?   The truth is we all do this everyday. I guarantee that you inadvertently made a decision that pissed on some poor souls day yesterday, and you probably did it with the best intentions for you and yours...   And here is an example that I am sure you will be thrilled about:  eminent domain. It almost always sucks for the land owner, but if done right can benefit society at large greatly."}
{"_id": "536638", "title": "", "text": "I would be very cautious about investing any more funds into the S&P500 at this stage. You are quite correct in your observation with the charts regarding the 2001 and 2008 crashes, and below is the chart of the S&P500 over the last 20 years with some indicators on it.  The green line on the price chart is the 100 week Moving Average (MA) and the pink line below the price chart is the Moving Average of the Rate of Change (ROC) Indicator. In general the market is moving up if price is above the 100 week MA and the ROC is above 0%, and vise-versa the market is moving down if price is below the 100 week MA and the ROK is below 0%. Both times in 2001 and in 2008 when prices broke below the 100 week MA and then the ROC crossed below the zero line, well we all know what happened next. In 2001 prices kept falling and the ROC didn't cross back above zero for about 2.5 years, in 2008 much the same happened and the ROC didn't cross back above zero for over 20 months. Now as we are reaching the end of 2015 prices have once again broken below the 100 week MA and the ROC is just above the zero line quickly heading down towards it. If you have a 5 to 8 year time frame, and prices do continue to fall much further after the ROC crosses below the zero line, your current funds and any new funds you invest in this ETF will potentially see heavy losses for the next one to two years and then take another year to two years or more to recover to current levels. This means that your funds will potentially have no gains at all in 5 or 6 years time. A better option is to get out of the market once the ROC crosses below zero and then look to get back in once the recovery has started, when the ROC crosses back above the Zero line. You might be out of the market for a year or two, but once you get back in you can expect robust gains over the next 3 to 5 years. If you do get out and things reverse quite quickly you can easily just get back in. In mid-2010 and mid-2011 the price broke below the 100 week MA but the ROC remained above Zero and prices continued moving up after short corrections. In mid-2012 the ROC got very close to the Zero line but did not cross below it, and again prices continued to go up after a small correction. You should plan for the worst and be ready if it occurs. If you don't plan you're just hoping and hoping is what will keep you awake at night whist things are going against you."}
{"_id": "536647", "title": "", "text": "None of your options or strategies are ideal. Have you considered looking at the stock chart and making a decision? Is the price currently up-trending, or is it down-trending, or is it going sideways? As Knuckle Dragger mentions, you could just set a limit price order and if it does not hit by Friday you can just sell at whatever price on Friday. However, this could be very damaging if the price is currently down-trending. It may fall considerably by Friday. I think a better strategy would be to place a trailing stop loss order, say 5% from the current price. If the stock starts heading south you will be stopped out approximately 5% below the current price. However, if the price goes up, your trailing stop order will move up as well, always trailing 5% below the highest price reached. If the trailing stop has not been hit by Friday afternoon, you can sell at the current price. This way you will be protected on the downside (only approx. 5% below current price) and can potentially benefit from any short term upside."}
{"_id": "536664", "title": "", "text": "From what I'm guessing it would be pretty cheap since they already are build for a very similar industry with very similar competitive options or better options. With plants and organizations that probably have the same structure.  Could also pivot into the new market with a known date to end. Maybe being even able to turn a small profit. Which is a lot better than going bankrupt"}
{"_id": "536674", "title": "", "text": "Note that your link shows the shares as of March 31, 2016 while http://uniselect.com/content/files/Press-release/Press-Release-Q1-2016-Final.pdf notes a 2-for-1 stock split so thus you have to double the shares to get the proper number is what you are missing. The stock split occurred in May and thus is after the deadline that you quoted."}
{"_id": "536681", "title": "", "text": "I'm calculating that to about a 7% apr, which given loan rates available today seems a bit high.   I wouldn't get too caught up on what that equates to over the life of the loan.  There are a lot of forces in play over a 30 year period, namely the time value of money.  30 years from now a dollar will be less valuable in real terms due to the forces of inflation.  At 2% per year in inflation today's $1 will be worth about $0.55 in 30 years."}
{"_id": "536686", "title": "", "text": "\"If your son endorses the check or better still, endorses it with \"\"for deposit only\"\" and places the account number in the endorsement, it's likely the bank will accept it for deposit. In this manner, you are not putting it in your account, you are putting it in his. I have a family member perform this action occasionally with zero complications and she does not have an account at the same bank.\""}
{"_id": "536688", "title": "", "text": "[the Atlantic spammer's posts](http://www.reddit.com/search?q=author%3Aslaterhearst&amp;sort=new&amp;restrict_sr=off) there was no reason to think there was cheating, it seems he was just posting interesting articles from his site. All this talk about bots and vote rigging is completely unjustified unless Reddit knows something they aren't talking about."}
{"_id": "536689", "title": "", "text": "I usually look at the high and low exchange rates for the last five years.  If the current rate is fairly close to the high for a trade over the past five years, then I do the trade.  If the current exchange rate is close to the low, then I wait."}
{"_id": "536691", "title": "", "text": "Yea that example is a little skewed when you made the aum differ by 200%. Those two candidates would never apply for the same role.  Networking is essential to get you looked at but at the end of the day it is still all about risk adjusted pnl.  Not to mention that pnl is really all you have to judge a trader"}
{"_id": "536693", "title": "", "text": "Your main choices are ISAs and property. You can put over \u00a315,000 per year into an ISA, which means over \u00a3450,000 by the time you retire, not allowing for growth in your ISA investments. But if you're paying rent, and worried about being able to pay rent when you retire, the obvious choice is to buy a flat now on a thirty-year mortgage so that you can stop paying rent and the mortgage will be paid off by the time you retire."}
{"_id": "536703", "title": "", "text": "Transfers can be made from U.S. pension plans to Canadian RRSPs, if the following conditions are met: Way more details here: http://www.howlandtax.com/answers/05Sept21.htm And googling 'transfer 401k to rrsp' yields much fruit."}
{"_id": "536731", "title": "", "text": "\"They keep completely remaking the interface in Office.  Half of these people at their desks had issues trying to figure out the version they've been using, then they got upgraded a couple years back, and people still have more difficulty with the newer version than the old one.  We won't upgrade Office unless we have to - because no one *wants* to learn the new interface.  Users tend to become mildly proficient with the programs they have, re-arranging the entire thing fucks with them, and lowers their productivity.  It's been years and people still say to me \"\"I knew how to do XXX on the old one\"\".  Which means that MS loses sales on Office, which is the bread &amp; butter for the whole damn company, because people don't want to deal with their changes, and IT people don't want to deal with people who can't cope with the changes.\""}
{"_id": "536755", "title": "", "text": "Lots of pride in your statement... but he wrote a check that kept them afloat.  We (taxpayers) also wrote a check, but by the time that was signed by Congress, GS would already have died. Buffett's (intentional, amazing) liquidity reserves saved them first.  By analogy, Buffett threw the life preserver; the taxpayers scooped them out of the sea after the worst of the storm passed."}
{"_id": "536759", "title": "", "text": "How you can pay your rent is really up to your landlord. They are, however, unlikely to take a credit card, for at least two reasons. Firstly they are unlikely to have the means to take electronic payment Second, and more importantly, merchants get charged a percentage of the transaction.  These fees can be quite high to them for premium cards like travel and gold cards; three, four or even five percent of the value of the transaction. This is sometimes why you see cash discounted pricing."}
{"_id": "536760", "title": "", "text": "\"There are at least three financial institutions involved here: your insurance company's bank, the money center, and your bank. Normally, they would keep records, but given that the money center didn't even ask for your signature, \"\"normal\"\" probably doesn't apply to them. Still, you can still ask them what records they have, in addition to the other two institutions; the company's bank and your bank likely have copies of the check.\""}
{"_id": "536764", "title": "", "text": "An entrepreneur that makes their company massively overvalued with zero actual underlying ability to generate profit is way fucking worse than entrepreneur that never gets off the ground to begin with, because the latter doesn't lose investors tens of billions of dollars.   Travis losing a shit ton of money is not a positive sign for him as an individual."}
{"_id": "536772", "title": "", "text": "You'd have to consult a lawyer in the state that the transaction took place to get a definitive answer.  And also provide the details of the contract or settlement agreement. That said, if you clearly presented the check as payment (verbally or otherwise) and they accepted and cashed the check, and it cleared, you should have good legal standing to force them to finalize the payment.   While they had every right to refuse the payment, and also every right to place a hold on the credit until the transaction cleared their bank, they don't have the right to simply claim the payment as a gift just because it came in a different form than they specified in the contract.  Obviously this is a lesson learned on reading the fine print though.  And, to be frank, it sounds like someone wants to make life difficult for you for whatever reason. And if that is the case I would refer back to my initial comment about contacting a lawyer in that state."}
{"_id": "536773", "title": "", "text": "I am here to provide awesome guidance on leasing a van or car for your business. Talk about the benefits and the drawbacks.  Cash is king and if you can buy a van outright that will always be the best deal. Most people cannot do that and so leasing is the next best option in terms of business."}
{"_id": "536784", "title": "", "text": "My guess is they\u2019re hoping to sell that data to multiple sources, to make up for the losses on ticket sales. Obviously no business is a guaranteed success but I\u2019m sure they researched their options and made a decision they think will lead to profitability at some point."}
{"_id": "536788", "title": "", "text": "The safest real estate investment is to underpay.  In most areas the market is very public.   Flippers are abundant, because most people want a move-in ready home, and as it is leveraged, they will overpay for that luxury.        Buy an under market, and you are safer.  The people who lose their shirts buy new condos at market rates at the peak of the market.   At the same time, people are purchasing starter homes that need a little work, and stay well above water.       Always remember you can't change the location of a home, but you can change almost everything else.   Find a well located but beat up home priced well under market, and financially you will generally do very well."}
{"_id": "536808", "title": "", "text": "\"There is so much wrong in what you wrote.   A) You keep saying that it isn't right or good to do what you are advocating, implying that you are being forced to do it. The laws of capitalism are not ironclad, we live in a society that gives us the means to set ground rules. And even without these ground rules, a company could decide to set a higher standard, and many have in the past.  B) The existence of outsourcing doesn't apply here. You can't outsource a walmart cashier.  C) Even if outsourcing was part of the equation just saying \"\"well it is all fucked\"\" isn't the answer. There are ways around this from fighting for labor rights across the world, to less savory ideas like tariffs.   D) WTF does \"\"fiscally sensible (although not so much in the United States, in some cases)\"\" even mean? You seem to be implying that the US is horribly fiscially irresponsible in comparison to other countries. Have you heard of: Greece, Ireland, Portugal, and Spain? Also, going back to your argument that fair labor laws are impossible have you looked at Germany?  Edit: Also, Walmart employees are unionized everywhere outside of North America.\""}
{"_id": "536832", "title": "", "text": "You assume a high IQ will be a requisite of having a value-add position in the future economy when there is absolutely nothing to show that will be the case.  You understand that Amazon employs PLENTY of people in positions requiring little to no specialized skills, correct?  Along with a myriad of other companies which are coming into the economic sphere.  Police will still be a thing, firefighters will still be a thing, plumbers will still be a thing, electricians will still be a thing, carpenters will still be a thing, construction workers will still be a thing.  Everything you're saying now was espoused during the industrial revolution, and little of it ever came to fruition."}
{"_id": "536841", "title": "", "text": "The goal of the kelly criterion strategy is to find a balance between preservation of starting capital and returns. One of extreme you could bet the entirety of your account on one trade, which would maximize your returns if you win, but leave you unable to further invest if you lose. On the other extreme, you could bet the smallest amount of capital possible over the course of several trades to increase the probability that you'll even out to 70% accuracy over time. But this method would be extremely slow.  So for your case, investing 40% each time is one way to find an optimal balance between these two extremes. Use this as a rule of thumb though, because your own situation and investing goals may differ from the goal of  optimal growth."}
{"_id": "536844", "title": "", "text": "This is the path Africans Americans had traveled in the US *in the land* where all men are created equal. If you are a white American was your ancestors journey in America just as arduous?    https://www.theatlantic.com/magazine/archive/2014/06/the-case-for-reparations/361631/ * Two hundred fifty years of slavery.  * Ninety years of Jim Crow.  * Sixty years of separate but equal.  * Thirty-five years of racist housing policy."}
{"_id": "536846", "title": "", "text": "Quite interesting. Personally, I have been against gender quotas... or quotas for any specific demographic.   I have always had the impression that by making 50/50 rules, you may change what the most apparent outcome looks like but you won't affect the underlining problems. Therefore we should focus on the individual competency and work from the ground up instead.  That said, I'm finding more interesting evidence that gender quotas have much deeper effects in reforming institutions and replacing unfit politicians.  I have also stumbled upon other different working papers lately that support this notion.   I may have to reconsider what I thought."}
{"_id": "536849", "title": "", "text": "\"I've done various side work over the years -- computer consulting, writing, and I briefly had a video game company -- so I've gone through most of this. Disclaimer: I have never been audited, which may mean that everything I put on my tax forms looked plausible to the IRS and so is probably at least generally right, but it also means that the IRS has never put their stamp of approval on my tax forms. So that said ... 1: You do not need to form an LLC to be able to claim business expenses. Whether you have any expenses or not, you will have to complete a schedule C. On this form are places for expenses in various categories. Note that the categories are the most common type of expenses, there's an \"\"other\"\" space if you have something different. If you have any property that is used both for the business and also for personal use, you must calculate a business use percentage. For example if you bought a new printer and 60% of the time you use it for the business and 40% of the time you use it for personal stuff, then 60% of the cost is tax deductible. In general the IRS expects you to calculate the percentage based on amount of time used for business versus personal, though you are allowed to use other allocation formulas. Like for a printer I think you'd get away with number of pages printed for each. But if the business use is not 100%, you must keep records to justify the percentage. You can't just say, \"\"Oh, I think business use must have been about 3/4 of the time.\"\" You have to have a log where you write down every time you use it and whether it was business or personal. Also, the IRS is very suspicious of business use of cars and computers, because these are things that are readily used for personal purposes. If you own a copper mine and you buy a mine-boring machine, odds are you aren't going to take that home to dig shafts in your backyard. But a computer can easily be used to play video games or send emails to friends and relatives and lots of things that have nothing to do with a business. So if you're going to claim a computer or a car, be prepared to justify it. You can claim office use of your home if you have one or more rooms or designated parts of a room that are used \"\"regularly and exclusively\"\" for business purposes. That is, if you turn the family room into an office, you can claim home office expenses. But if, like me, you sit on the couch to work but at other times you sit on the couch to watch TV, then the space is not used \"\"exclusively\"\" for business purposes. Also, the IRS is very suspicious of home office deductions. I've never tried to claim it. It's legal, just make sure you have all your ducks in a row if you claim it. Skip 2 for the moment. 3: Yes, you must pay taxes on your business income. If you have not created an LLC or a corporation, then your business income is added to your wage income to calculate your taxes. That is, if you made, say, $50,000 salary working for somebody else and $10,000 on your side business, then your total income is $60,000 and that's what you pay taxes on. The total amount you pay in income taxes will be the same regardless of whether 90% came from salary and 10% from the side business or the other way around. The rates are the same, it's just one total number. If the withholding on your regular paycheck is not enough to cover the total taxes that you will have to pay, then you are required by law to pay estimated taxes quarterly to make up the difference. If you don't, you will be required to pay penalties, so you don't want to skip on this. Basically you are supposed to be withholding from yourself and sending this in to the government. It's POSSIBLE that this won't be an issue. If you're used to getting a big refund, and the refund is more than what the tax on your side business will come to, then you might end up still getting a refund, just a smaller one. But you don't want to guess about this. Get the tax forms and figure out the numbers. I think -- and please don't rely on this, check on it -- that the law says that you don't pay a penalty if the total tax that was withheld from your paycheck plus the amount you paid in estimated payments is more than the tax you owed last year. So like lets say that this year -- just to make up some numbers -- your employer withheld $4,000 from your paychecks. At the end of the year you did your taxes and they came to $3,000, so you got a $1,000 refund. This year your employer again withholds $4,000 and you paid $0 in estimated payments. Your total tax on your salary plus your side business comes to $4,500. You owe $500, but you won't have to pay a penalty, because the $4,000 withheld is more than the $3,000 that you owed last year. But if next year you again don't make estimated payment, so you again have $4,000 withheld plus $0 estimated and then you owe $5,000 in taxes, you will have to pay a penalty, because your withholding was less than what you owed last year. To you had paid $500 in estimated payments, you'd be okay. You'd still owe $500, but you wouldn't owe a penalty, because your total payments were more than the previous year's liability. Clear as mud? Don't forget that you probably will also owe state income tax. If you have a local income tax, you'll owe that too. Scott-McP mentioned self-employment tax. You'll owe that, too. Note that self-employment tax is different from income tax. Self employment tax is just social security tax on self-employed people. You're probably used to seeing the 7-whatever-percent it is these days withheld from your paycheck. That's really only half your social security tax, the other half is not shown on your pay stub because it is not subtracted from your salary. If you're self-employed, you have to pay both halves, or about 15%. You file a form SE with your income taxes to declare it. 4: If you pay your quarterly estimated taxes, well the point of \"\"estimated\"\" taxes is that it's supposed to be close to the amount that you will actually owe next April 15. So if you get it at least close, then you shouldn't owe a lot of money in April. (I usually try to arrange my taxes so that I get a modest refund -- don't loan the government a lot of money, but don't owe anything April 15 either.) Once you take care of any business expenses and taxes, what you do with the rest of the money is up to you, right? Though if you're unsure of how to spend it, let me know and I'll send you the address of my kids' colleges and you can donate it to their tuition fund. I think this would be a very worthy and productive use of your money. :-) Back to #2. I just recently acquired a financial advisor. I can't say what a good process for finding one is. This guy is someone who goes to my church and who hijacked me after Bible study one day to make his sales pitch. But I did talk to him about his fees, and what he told me was this: If I have enough money in an investment account, then he gets a commission from the investment company for bringing the business to them, and that's the total compensation he gets from me. That commission comes out of the management fees they charge, and those management fees are in the same ballpark as the fees I was paying for private investment accounts, so basically he is not costing me anything. He's getting his money from the kickbacks. He said that if I had not had enough accumulated assets, he would have had to charge me an hourly fee. I didn't ask how much that was. Whew, hadn't meant to write such a long answer!\""}
{"_id": "536853", "title": "", "text": "\"Asset management typically refers to the \"\"product\"\"  group e.g. Mutual fund, etf, etc., like invesco offering qqq or some emerging market mutual fund.  Capital management is more vague and can refer to a wide range of financial products and services including asset management and stuff like ptfl planning, wealth advisory etc.  That said they are both used interchangeably and not like anyone would correct you if you used one vs the other...\""}
{"_id": "536863", "title": "", "text": "\"Check out the Mortgage Professor's website, in particular Calculator 11a: Who This Calculator is For: Borrowers who want to know whether they   will save or lose money over a specified period by paying points in order   to reduce the interest rate on an FRM. What This Calculator Does:This calculator shows the costs and benefits   of paying points to reduce the rate on an FRM, and the minimum period   they must hold an FRM before it makes sense to pay   additional points (the \"\"break-even period\"\").\""}
{"_id": "536866", "title": "", "text": "of course the value will be non zero however it would be very small, as all the countries would not leave at once...  if its a piig holding the bag it would fall precipitously, if its a AAA (non france) it would go to 1.5  Its very path dependent on whom leaves when"}
{"_id": "536884", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Didldidi adverts - That Mitchell and Webb Look Description | Disclaimer. i dont own the video or audio on this video and dont intend on calling them my own. all rights go to the bbc. Length | 0:00:54           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "536894", "title": "", "text": "\"I think maybe a disconnection of understanding of friends? I could see a lot of women thinking \"\"I have so many friends, they all love me, and will totally get rich with me!\"\"  Personally I know for a fact I really only have like 4 friends and they sure as hell wouldn't join a mlm with me.  I think dudes may be more in touch with the fact the 800 people on facebook aren't really our friends?\""}
{"_id": "536919", "title": "", "text": "Compound Stock Earnings teaches how writing covered calls against stocks the correct way provides 3 - 6% per month consistent cash flow - regardless of market direction. This cash flow can provide income in retirement or, alternatively, can be reinvested on a monthly basis to dramatically compound the growth of a stock portfolio."}
{"_id": "536920", "title": "", "text": "There's someone on both sides of every derivatives trade. When volatility goes up, risk goes up, and prices go up. For every dollar lost when that price changes quickly, someone is making a dollar just as quickly. If you're on the right side, you can make a fortune overnight in derivatives when volatility is high; during a normal market, it is much harder and takes much longer."}
{"_id": "536921", "title": "", "text": "You're not proving anything by showing me the job specs. I'm completely aware that there aren't high requirements for getting the job. What you don't understand since live in a world where your resume gets you in the door is that the difficulty of a job, the skill required to do it well, and the pay required to keep a guy doing it day in and day out for 30 years doesn't always depend on any kind of credential that would show up on paper.  And just for the record, Boeing's thousands of union professional and technical aeronautical engineers would like to have a word with you about lack of credentials required to get a union job at Boeing, if we're going to split hairs."}
{"_id": "536931", "title": "", "text": "On most proxy statements (all I have ever received) you have the ability to abstain from voting.  Just go down the list and check Abstain then return the form.  You will effectively be forfeiting your right to vote. EDIT: According to this, after January 1, 2010 abstaining and trashing the voting materials are the same thing.  Prior to January 1, 2010 your broker could vote however they wanted on your behalf if you chose not to vote yourself.  The one caveat is this seems to only apply to the NYSE (unless I am reading it wrong).  So not sure about stocks listed on the NASDAQ."}
{"_id": "536936", "title": "", "text": "I've found the same thing - Sears tends to be at least 10% more expensive than any other store here in Canada.   In a day where you can sit on your sofa and compare prices, Sears just isn't competitive on any level.    I've only ever bought one item from Sears in the last three years, and it was because it was a cashmere jacket that was 70% off."}
{"_id": "536937", "title": "", "text": "Is this practice of support for women on maternity leave across the board for all Yahoo employes or just those who are CEOs?  The rules maybe in the employee manual but is this cultural accepted at Yahoo in general? Because CEO\u2019s are treated quite differently than the rest of the employees and is Marissa Mayer being treated differently because of her celebrity status?"}
{"_id": "536940", "title": "", "text": "\"Cars depreciate and lose value the second you drive off the lot. Why lose money?  Foreign cars require too much maintenance. What will kill your wallet will be the maintenance on the car, not the payment. Think tires, oil changes, spark plug changes, transmission oil changes, filter changes, brake changes, cost of maintaining is the expensive part. Call the dealer speak to the servicing dept, and go to town. Ask away what all this costs. Basic stuff you expect to have, and find out what the cost of owning that car. Then ask yourself, \"\"should I buy it?\"\".\""}
{"_id": "536962", "title": "", "text": "- Would you want to work in an environment where your pay drops significantly if a large client leaves? You do nothing wrong, the client goes bankrupt, and you're assigned the work of smaller accounts to fill out your work week but you're making 15% less despite being more experienced than the year before and doing a great job.  - Whoever is handling assignments would be granted an obscene amount of power within the organisation. How do accounts get shuffled fairly? Are people assigned permanently or do they get shuffled around to even things out?  In short, your idea could be very good for the company, but terrible for the employees. Innovation would stagnate (or be kept to each employee in the hopes of gaining an edge), office politics would increase, and the environment could turn toxic quickly. Turnover would probably increase as well."}
{"_id": "536969", "title": "", "text": "I think it should be the amount which makes you feel satisfied, strong and brave for the future."}
{"_id": "536986", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.aier.org/blog/academics-lift-veil-medical-protectionism) reduced by 79%. (I'm a bot) ***** &gt; In 2011 a total of 538 items required a CON license, and 37 states were enforcing CON laws.  &gt; Non-CON states provide higher-quality services, and the costs of unregulated medical care have not risen dramatically, as claimed by proponents of CON programs.  &gt; According to him, &amp;quot;So-called &amp;#039;certificate of need&amp;#039; laws increase costs for consumers by protecting inefficient hospitals and other health care providers from competition. The theory behind such laws is that since the government has completely unleashed demand by insulating consumers from the cost of their health insurance and medical care, the government must contain supply to keep spending from getting out of hand.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70ixsd/academics_lift_the_veil_on_medical_protectionism/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211185 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **laws**^#1 **CON**^#2 **state**^#3 **care**^#4 **Health**^#5\""}
{"_id": "536988", "title": "", "text": "Sale price minus the loan balance, minus any closing costs is your net.  The numbers don't care whether you have a profit or loss, nor does the bank. People buy too high, pay a mortgage for 10 years, and walk away from the closing with little to no money, every day."}
{"_id": "536990", "title": "", "text": "\"Traditional brokers There are tons of players in this market, especially in USA. You have traditional brokers, brokers tied to your bank and a bunch of startups. The easiest is probably a broker tied to your bank, because you probably don't have to wait to fund your brokerage account and can start trading immediately. Often the older/traditional brokers don't have very intuitive interfaces, it's the startups who do a better job at this. But honestly it doesn't really matter, because you can use reporting services that are different from the services you use to execute your trades. Meaning that you only use the interface of your broker to execute trades (buy or sell), and use third party services to monitor your holdings. Monitoring services: Google Finance, Yahoo Finance, Sigfig, Morningstar,... are services allowing you to monitor your holdings. But you can't execute trades with them. Start-ups: Then there are a bunch of startups that offer investment services besides the traditional brokers. Start-up > Robinhood The most ambitious one is Robinhood, which offers the same service as a traditional broker, but completely free (most of the traditional brokers charge a flat fee and/or percentage when buying/selling hodlings) and with an intuitive interface. They're mobile first, but announced they will be launching their service on the web soon. Start-up > Acorns Another popular, mobile-first start-up is Acorns. They offer a lazy-investing service which rounds your everyday purchases and uses the change to invest. It's great when investing is not on your mind, but you still want to invest without realizing it. Start-ups > Robo-advisors Robo-advisors auto-invest your money across a bunch of funds picked based on your risk profile. Because the robo-advisers are fairly new, they often have the most intuitive interfaces. These robo-advisors often don't allow you to pick individual holdings, so these services are best when you want to passively invest. Meaning you don't want to look at it very often, and let them do the investing for you. There are tons of robo-advisor start-ups: Betterment, Wealthfront, Personal Capital, Sigfig, FutureAdvisor,... Also bigger parties jumped on this trend with their offerings: Schwab Intelligent Portfolios, Ally Managed Portfolio, Vanguard Personal Advisor, etc. Summary: It's fun to pick individual stocks, but if you start out it can be overwhelming. Robinhood is probably the best start, they have reduced functionality, but gets you going with an attractive interface. But soon you'll realize it's extremely hard to beat the market. Meaning that hand-picking stocks statistically gives you a worse return than just buying into the general stock market (like S&P500). So you can decide to just buy one fund with a traditional broker that covers the general stock market. Or you can decide to try out one of the many robo-advisors. They haven't been around that long, so it's hard to tell how effective these are and whether they beat the market. If you're young, and you believe in start-ups (who often try to challenge the traditional players), try out one of the robo-advisors. If you want to play a bit and are addicted to your smartphone, try out Robinhood. If you are addicted to your phone, but don't want to check up on your investments all the time, go for Acorns. Of course you can combine all these. Lastly, there are tons of cryptocurrencies which might give you a large return. Tons of startups offer intuitive interfaces to trade cryptocurrencies like Coinbase, Gemini, Kraken. But beware, there is a lot of risk involved in trading cryptocurrencies, it's completely unregulated etc. But definitely check them out. Oh, and you can also invest by giving out loans through LendingClub, Prosper etc. Who can you trust? Above gives you an overview of your options intermingled with some reasoning. But regarding your question \"\"who can I trust\"\" in terms of advice, it's up to yourself. Most traditional broker services don't give you any advice at all, you're on your own. Robo-advisors don't give you advice either, but let their proprietary algorithm do the job. Are these reliable? Nobody can tell, they haven't been around long enough, and they need to go through a bear market (a crash) to see how they respond during rough times. Some robo-advisors offer you personal consultancy (I believe Sigfig and PersonalCapital) does this (limited to a few hours per year). But obviously they'll try to promote their robo-advisor services.\""}
{"_id": "537005", "title": "", "text": "\"&gt; He did not say small businesses are outliers. He said there are outliers among small businesses.  No, what he's talking about are forums and other social sites that are too small to police all of the content their users post. He's saying that they are as guilty as the criminals you're speaking of.  At _best_, the man doesn't understand the areas of commerce that he's presuming to legislate over with his support for SESTA, and I dare say you don't understand them either. I, however, am an expert on the subject, and I know exactly what he's talking about. He's saying that Google and Facebook and similar large corporations are legitimate, and all \"\"independent\"\" or small business competitors to them are criminals.  This is black and white. You're either one of the good guys or you aren't. Small business and equal opportunity are what America has always been about. If you are an enemy to those ideals then you are an enemy of America.\""}
{"_id": "537008", "title": "", "text": "Although I understand the gut reaction to feel that way, I disagree that women with ovarian cancer can't prove it was the talc.  The plaintiffs in these cases have accused Johnson and Johnson of deliberately covering up their own research showing a connection between repeated use of talc and an increase in ovarian cancer rates and the massive punitive damages awards in this recent case suggests the jury believed there was a cover up.  This recent study suggested a 33% increased risk.  https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4820665/#!po=79.8387.  Very much like the tobacco lawsuits, the crime is in the coverup.  Tobacco companies knew cigarettes were linked to cancer and promised its customers they were completely safe.  They simply needed to warn consumers once they knew this risk existed.  Instead buried their own research demonstrating the risk under the rug in the name of profits.  The jury in this recent case believed Johnson and Johnson did the same"}
{"_id": "537020", "title": "", "text": "I don't even know where to begin with how terrible this article is.  Fundamental analysis is about analyzing the profitability of a company, technical analysis is very much the crystal ball strategy that he makes out fundamental to be. This is just an advertisement for his garbage trading program"}
{"_id": "537024", "title": "", "text": "Imo there are too many people expecting a correction for one to occur. I hear both smart money and retail investors talking about keeping/ raising cash for a correction... that's not usually when they occur. In all actuality it shouldn't matter, you should always invest expecting a correction. The market could be another 20% higher before we get a correction, or it could go down 10%, and then another 10% from there. If you can't weather the storms then stay out of the water"}
{"_id": "537036", "title": "", "text": "Ok, so imagine I own x% of Facebook and Facebook buys WhatsApp, does   this mean I own x% of WhatsApp? Yea definitely , you own x% of Whatsapp assuming Facebook buys 100% of WhatApps which is in this case  How much shares of FaceBook do I need to own to have access to   WhatsApp's books? As WhatsApp is a privately held company by Facebook , Facebook is not obliged to reveal the books of WhatsApp , though some not all of the books of WhatsApp may appear in Facebook financial report , it really depends on Facebook Accounting policy."}
{"_id": "537049", "title": "", "text": "I'm a series 24 securities principle and have explained and trained people on questions like these more times than I can count. Although, my first recommendation is to speak to a qualified tax professional for the appropriate answer for each individual scenario.  Disclosure aside, the source of truth for these questions is always the IRS publications. In this case it's IRS pub 590b: When Must You Withdraw Assets? (Required Minimum Distributions).  IRA stands for Individual Retirement Arrangement. Basically it's an arrangement between you a the government to encourage retirement savings. Tax payers(up to a define taxable income amount) agree to receive a deduction during your working years lowering your taxable income in the present. Your taxable income should drop in retirement because you're not working anymore and any withdraws would most likely be taxed at a lower rate. To be clear the require minimum distribution is based on a life expectancy factor and the ending balance of your pre-tax retirement accounts from the prior year(for ex. 2016 ending balance for a 2017 rmd). The rmd works out to be somewhere around 3-4% of your total balance.  Most retirement account providers(if not all) have established several conveniences to automate the withdraw process. I've believe that moving funds directly to bank deposits or moving the funds to another taxable investment account are most common.  Retirement account providers are required by law to give you notifications about RMDs. Some big firms allow you to setup an auto-distribution a year before you turn 70.5 to start when they need to. Because of the 50% penalty you're given so many notifications about an RMD that it's hard to forget about it."}
{"_id": "537053", "title": "", "text": "A debenture is a security document. This means that the bond is secured over assets. Under English law, you can issue bonds which, if defaulted upon, you can enforce your security against the issuer (i.e. the company), which means you can attempt to get your money back by getting hold of the company's assets.   As for a floating charge, I'll first explain what a fixed charge is. Say you're a bank (a lender) and you lend \u00a31000 to X. You take security by way of a fixed charge over X's photocopy machines. X is unable to dispose of the machines without the lender's consent. This means that if X cannot pay up the loan, you can enforce security by taking possession of the photocopy machines, sell them, and hopefully get enough money back to cover the default.  A floating charge works the same way but over assets which fluctuate, e.g. X's stock of potatoes. X sells potatoes to supermarkets all the time so you can't just take a fixed charge over it for practical reasons, you can't just ask the lender each time you want to sell a potato. When an event of default occurs, i.e. you don't pay back the loan or breach a condition of the loan agreement, the floating charge crystallises, and becomes a fixed charge, thus enabling the lender to sell the potatoes to get their money back.  Random examples, but makes sense?  Source; future English solicitor."}
{"_id": "537057", "title": "", "text": "&gt; Conglomerates have no interest in gaining control of tiny businesses through loan collateral.  Yes they do, at least in China. China has very low farm labor productivity by developed nations status. Agribusiness would be very profitable in China. **The reason why it's in check is because it would make hundreds of millions of farmers redundant**, so the government prevents the industry from encroaching too much."}
{"_id": "537068", "title": "", "text": "Yes, those numbers are all that is needed to withdraw funds, or at least set online payment of bills which you don't owe. Donald Knuth also faced this problem, leading him to cease sending checks as payment for finding errors in his writings."}
{"_id": "537094", "title": "", "text": "If you apply for a mortgage with someone other than your current / savings account provider, they will not have access to this level of information.  They will pull your credit report, which contains information about debts and credit cards (repayments, amount borrowed etc.) and overdrafts, as well as anything like CCJs against you, but has no information about current or savings accounts other than who your main current account provider is. You can (and should) check your credit report yourself, to make sure there's nothing incorrect on there. This only costs a few pounds and you can find out about how to do this from the 3 main agencies here: https://www.moneyadviceservice.org.uk/en/articles/how-to-check-your-credit-report If you apply for a mortgage with the same provider that you use for your current account and savings account, they could theoretically look at your account usage history in this level of detail. However, I would be very surprised if they had a problem with the type of activity you describe. They'll be looking more at whether you have regular income into your account, whether you have frequently gone overdrawn without permission, etc. Moving money around between accounts or having a fluctuating savings account balance is not even slightly a red flag."}
{"_id": "537102", "title": "", "text": "I believe WMT already uses most grocery items as loss leaders, so I wouldn't be surprised if Amazon follows a similar structure. Amazon already forgoes profits on many categories (especially new markets) in favour of capturing a large market share. So, expect a big price squeeze on existing brick &amp; mortar joints."}
{"_id": "537111", "title": "", "text": "I know of no free source for 10 years historical data on a large set of companies.  Now, if it's just a single company or small number that interest you, contact Investor Relations at the company(ies) in question; they may be willing to send you the data for free."}
{"_id": "537153", "title": "", "text": "You will be charged a stock borrow fee, which is inversely related to the relative supply of the stock you are shorting. IB claims to pay a rebate on the short proceeds, which would offset part or all of that fee, but it doesn't appear relevant in your case because: It is a bit strange to me that IB would not require you to keep the cash in your account, as they need the cash to collateralize the stock borrow with the lending institution.  In fact, per Regulation\u200b T, the short position requires an initial margin of 150%, which includes the short proceeds. As described by Investopedia: In the first table of Figure 1, a short sale is initiated for 1,000   shares at a price of $50. The proceeds of the short sale are $50,000,   and this amount is deposited into the short sale margin account. Along   with the proceeds of the sale, an additional 50% margin amount of   $25,000 must be deposited in the account, bringing the total margin   requirement to $75,000. At this time, the proceeds of the short sale   must remain in the account; they cannot be removed or used to purchase   other securities. Here is a good answer to your question from The Street: Even though you might see a balance in your brokerage account after   shorting a stock, you're actually looking at a false credit, according   to one big brokerage firm. That money is acting as collateral for the   short position. So, you won't have use of these funds for investment   purposes and won't earn interest on it. And there are indeed costs associated with shorting a stock. The   broker has to find stock to loan to you. That might come out of a   broker's own inventory or might be borrowed from another stock lender."}
{"_id": "537155", "title": "", "text": "&gt;*A deal for $1.5 billion or more has finally been reached to sell the Market Basket chain to ousted CEO Arthur T. Demoulas, ending a knockdown, drag-out family feud, a source told the Herald last night.*  &gt;*The deal came after a late night board meeting following a long day of emotional ups and downs.*  &gt;*\u201cIt is official. We\u2019re going back to work,\u201d said Joe Garon, a company buyer who was fired July 20 when he protested the ouster of Demoulas. \u201cWe\u2019re going to come back stronger than ever. It will take us a few days, but I got the word we\u2019re going back to work.\u201d*  &gt;*Demoulas was ousted as CEO by a board faction controlled by his rival cousin Arthur S. Demoulas on June 18. A month later, a mass protest and work stoppage by employees effectively shut the chain down. Customers largely stopped shopping at the 71 stores. Negotiations for a sale dragged on for weeks.*  &gt;*Arthur T. submitted a bid that would pay $1.5 billion for the 50.5 percent shares controlled by Arthur S.*  Cross-post from /r/MAConservative"}
{"_id": "537171", "title": "", "text": "As others mentioned, the only clear reason to remain in debt is if you can find an investment that yields more than what you're paying to maintain the debt. This can happen if a debt was established during low-rate period and you're in a high-rate period (not what is happening now.) A speculative reason to keep debt is as an inflation bet. If you believe money will shortly lose value, you are better off postponing repayment until the drop occurs. However you're not likely to be able to make these bets successfully. Hope this helps"}
{"_id": "537172", "title": "", "text": "Ok, they make a lot of money.  People aren't upset that pbs makes money.  They are upset because he wants to cut money going to something good in the world, and increase money going to horrible things such as fossil fuel subsidies."}
{"_id": "537196", "title": "", "text": "\"I can't speak to this particular process, but I'm very well versed in putting together RFP (request for proposal) and Tenders (a term more frequently used in oil &amp; gas).  Basically, the customer puts out a document that says \"\"I want this widget constructed and built to this specification\"\". Then qualified bidders submit a proposals for the widget. Using this process is almost ubiquitous for large projects and for government contracts there is generally a legal process that must be followed.  Within my organization, nearly every project &gt;$100,000 must go through an RFP. For example, we just put our audit out to bid. 5 accounting firms responded and our Board's audit committee will select one of the bids.   Aside from performing some diligence regarding the solvency of the accounting firm, the profitability of the contract for the accounting firm is not part of the selection criteria. And while we aren't under any obligation to select the \"\"low bid\"\", we will absolutely give additional weight to bids that provide the best value (aka cheaper).  if you are curious about the generalities of the RFP process: https://en.wikipedia.org/wiki/Request_for_proposal\""}
{"_id": "537200", "title": "", "text": "I believe this will be looking at ways the business can measure it\u2019s success, non financially.  Business might look at things such as:  Customer satisfaction,   Whether customers make repeat purchases,   Labour/Employee turnover- how many employees quit and are replaced.   Hopefully that gives you the right idea and you can add on to it.  Sorry just have to add as I just did business ALevel, when ever you write any answer in business, ask your self after every paragraph \u201cis that in context\u201d. You might talk about the most amazing things which really impress who ever is marking, but if it doesn\u2019t relate to the business, you get a big 0 :("}
{"_id": "537212", "title": "", "text": "Yes, the newly bought shares will have a long-term holding period, regardless of when you sell them.  In addition, it's only a wash sale if you sold the first shares for a loss; it's not a wash sale if you sold them for a gain. Wikipedia mentions this: When a wash sale occurs, the holding period for the replacement stock includes the period you held the stock you sold. Example: You've held shares of XYZ for 10 years. You sell it at a loss but then buy it back within the wash sale period. When you sell the replacement stock, your gain or loss will be long-term \u2014 no matter how soon you sell it. Charles Schwab also mentions this: Here's a quick example of a wash sale. On 9/30/XX, you buy 500 shares of ABC at $10 per share. One year later the stock price starts to drop, and you sell all your shares at $9 per share on 10/4/XY. Two days later, on 10/6, ABC bottoms out at $8 and you buy 500 shares again. This series of trades triggers a wash sale. The holding period of the original shares will be added to the holding period of the replacement shares, effectively leaving you with a long-term position."}
{"_id": "537214", "title": "", "text": "Why would I want to approve an increase in the number of authorized shares? Because you trust management to use those shares wisely. What it comes down to is, management is asking for money. While it may not be cash they're asking for, it has the same effect. Before you approve this, you have to evaluate the request (similarly to how a bank would evaluate a loan request), and ask if you approve of their reasons for needing the money, and if you think that it will be used to increase the value of the company (making your shares more valuable in the process)."}
{"_id": "537218", "title": "", "text": "My company utilizes Slack for all in-company communication. I've only worked here for a week and a half so I'm not certain how useful it is, but for a small business (less than 30 employees) it seems to work well to keep all the teams organized and in the loop."}
{"_id": "537222", "title": "", "text": "If a company's shares trade in multiple exchanges, the prices in every exchange are very near to each other, otherwise you could earn money by doing arbitrage deals (buying in one, selling in the other) - and people do that once it becomes worth it. Which stock exchange you use is more a convenience for the buyer/seller - many investment banks offer only something local/near, and you have to go to specific investment banks to use other exchanges. For example, in Germany, it is easy to deal in Frankfurt, but if you want to trade at the the NASDAQ, you have to run around and find a bank that offers it, and you probably have to pay extra for it. In the USA, most investment banks offer NASDAQ, but if you want to trade in Frankfurt, you will have run around for an international company that offers that. As a stock owner/buyer, you can sell/buy your shares on any stock exchange where the company is listed (again, assuming your investment broker supports it). So you can buy in Frankfurt and sell in Tokyo seconds later, as nothing needs to be physically moved. Companies that are listed in multiple stock exchangs are typically large, and offer this to make trading their shares easier for a larger part of the world. Considering your 'theoretical buy all shares' - the shares are not located in the exchanges, they are in the hands of the owners, and not all are for sale, for various reasons. The owners decide if and when they want them offered for sale, and they also decide which stock exchange they offer them on; so you would need to go to all exchanges to buy them all. However, if you raise your offer price in one exchange only slightly, someone will see the arbitrage and buy them in the other locations and offer them to you in your stock exchange; in other words, for a small fee the shares will come to you. But again, most shares are typically not for sale. It's the same as trying to buy all Chevy Tahoes - even if you had the money, most owners wouldn't know or care about you. You would have to go around and contact every single one and convince them to sell."}
{"_id": "537227", "title": "", "text": "\"I am in NYC so my views on costs are certainly skewed, but you're also comparing apples and oranges here. You are comparing a bowl of stew or a personal pizza/bowl of pasta to a burger meal, that's a bit disingenuous.  I am not arguing that five guys is the BEST value out there, I'm just saying the costs are justifiable in comparison to other burger options. Their product is at a much higher standard than \"\"traditional\"\" fast food joints.\""}
{"_id": "537237", "title": "", "text": "That's a very interesting article, and something that I hadn't considered, but I have a hard time believing that the value of the dollar is really 1/4 of what it was just 15 years ago. Ounces of gold don't appreciate in ounces of gold, and you can't buy anything with them. Like it or now, gold isn't used as a currency, so its price at this time is primarily dictated by how much more that people expect its value to rise in USD."}
{"_id": "537267", "title": "", "text": "&gt;How are these zoning laws enforced and drawn up? Who ensures they are properly followed? Who handles penalties when they are not followed?  The government handles these things, but they are not land developer, contractor, etc.  &gt;How is all this done while still maintaining the rights of those who actually live on the land and may not have massive bank accounts?  Are roads to drive on a government protected right? News to me."}
{"_id": "537276", "title": "", "text": "The estimated cost of $200 sqft of living space is achievable by builders who are following one the their standard plans. They build hundreds of homes each year across the region using those standard plans. They have detailed schedules for constructing those homes, and they know exactly how many 2x4s are need to build house X with options A, F,  and P. They buy hundreds of dishwashers and get discounts. That price also includes the cost of the raw land and the required improvements of the property.  You need to know the zoning for that land. You need to know what you can build by right, and what you can get exceptions for. You don't want to pay $600 K and then find out you can only build a 1 level house and you can only use 1/4 acre. You would need to start with a design and then have the architect and the builder and a real estate lawyer look over the property. Then they can give you an estimate of what it would cost to put that design on that property.  83k sqft? I mean it can accommodate at least 10 houses. It depends on what is the minimum lot size. If the maximum allowable density is three houses per acre you can get 6 in 2.2 acres, but if the minimum lot size is supposed to be 5 acres, then you will need an exception just to build one house. And exceptions involve paperwork, hearings and lawyers."}
{"_id": "537280", "title": "", "text": "I'd be curious to compare current rent with what your overhead would be with a house. Most single people would view your current arrangement as ideal. When those about to graduate college ask for money advice, I offer that they should start by living as though they are still in college, share a house or multibedroomed apartment and sack away the difference. If you really want to buy, and I'd assume for this answer that you feel the housing market in your area has passes its bottom, I'd suggest you run the numbers and see if you can buy the house, 100% yours, but then rent out one or two rooms. You don't share your mortgage details, just charge a fair price. When the stars line up just right, these deals cost you the down payment, but the roommates pay the mortgage.  I discourage the buying by two or more for the reasons MrChrister listed."}
{"_id": "537313", "title": "", "text": "I like using Mint.com to track my expenses.  It makes it very easy to watch my budget and monitor my spending."}
{"_id": "537323", "title": "", "text": "Alliant Credit Union has supplemental accounts, ING Direct has supplemental accounts as well as the poster above mentioned."}
{"_id": "537326", "title": "", "text": "You can just buy the items personally and then submit an expense report to the company to get reimbursed. Keep all the receipts. Paying with a company check is also fine, but you might run into problems with stores not accepting checks."}
{"_id": "537363", "title": "", "text": "&gt;AND still enough demand to fill up first class cabins  There isn't. Even if/when first class cabins are full (which is a big if), a TINY minority of those people are actually paying first class fares. The vast vast vast majority are there because of free upgrades from rewards points, or on a business trip where the company is paying the ticket."}
{"_id": "537371", "title": "", "text": "No Tax would have been deducted at the time of purchase/sale of shares. You would yourself be required to compute your tax liability and then pay taxes to the govt. In case the shares sold were held for less than 1 year - 15% tax on capital gains would be levied. In case the shares sold were held for more than 1 year - No Tax would be levied and the income earned would be tax free. PS: No Tax is levied at the time of purchase of shares and Tax is only applicable at the time of sale of shares."}
{"_id": "537375", "title": "", "text": "Assuming S&amp;P value as % of GDP doesn't change, to get S&amp;P return you add (Nominal GDP % growth + Dividend Yield) -&gt; S&amp;P return.  Historically the S&amp;P has grown faster as corporations of won market share and therefore grown to a larger portion of GDP.  While this can continue (or possibly reverse), and can happen globally as well, you are correct in pointing out that it cannot continue ad infinitum."}
{"_id": "537394", "title": "", "text": "If you are concerned about FDIC coverage, then yes, you can spread your money across multiple banks. The limit is $250k, so after you invest in property, 4 banks should do it.  That having been said, in my opinion, it would be a waste to keep all this money in a bank's savings account. You will slowly lose value over time due to inflation. I suggest you spend a little money on an independent fee-based investment advisor. Choose someone who will teach you about investing in mutual funds, so you can feel comfortable with it. He or she should take into account your tolerance for risk, look at your goals, and help you come up with a low cost plan for investing your money.  It's certainly okay to keep the money in a bank short-term, but don't wait too long; take steps toward putting that money to work for you."}
{"_id": "537395", "title": "", "text": "Your point being? It is indeed possible that she is totally clueless about information security and the fact that her organisation got hacked big time is not promising in that respect, but to disqualify someone purely on their formal education is equally discomforting. But since I only have a bachelor degree in musicology (have worked in IT ever since) you probably don't consider my comment worth reading."}
{"_id": "537418", "title": "", "text": "\"Vitalik has mentioned this in a comment but I think it ought to be expanded upon: Companies that aren't already penny stocks really don't stand to gain anything from trying to prevent short interest.  Short selling does not inherently lower the stock price - not any more so than any other kind of selling.  When somebody shorts a stock, it's simply borrowed from another investor's margin; as long as it's not a naked short resulting in an FTD (Failure To Deliver) then it does not add any \"\"artificial\"\" selling pressure. In fact, shorting can actually drive the price up in the long term due to stops and margin calls.  Not a guarantee, of course, but if a rally occurs then a high short interest can cause a cascade effect from the short \"\"squeeze\"\", resulting in an even bigger rally than what would have occurred with zero short interest.  Many investors actually treat a high short interest as a bullish signal. Compare with margin buying - essentially the opposite of short selling - which has the opposite effect.  If investors buy stocks on margin, then if the value of that stock decreases too rapidly they will be forced to sell, which can cause the exact same cascade effect as a short interest but in the opposite direction.  Shorting is (in a sense) evening out the odds by inflating the buying pressure at lower stock prices when the borrowers decide to cover and take profits. Bottom line is that, aside from (illegal) insider trading, it doesn't do businesses any good to try to manipulate their stock price or any trading activity.  Yes, a company can raise capital by selling additional common shares, but a split really has no effect on the amount of capital they'd be able to raise because it doesn't change the actual market cap, and a dilution is a dilution regardless of the current stock price.  If a company's market cap is $1 billion then it doesn't matter if they issue 1 million shares at $50.00 each or 10 million shares at $5.00 each; either way it nets them $50 million from the sale and causes a 5% dilution, to which the market will react accordingly. They don't do it because there'd be no point.\""}
{"_id": "537450", "title": "", "text": "Fuck you.  Fuck the HELL out of you.  First, what if I operate a business that has industry-wise small margins?  All manufacturing, for instance, operates on an average margin of 2%.  How much is that tax increase going to be, again?  5%?  Thanks, I guess you didn't want a manufacturing sector in the US after all.   Second, what if my competitive advantage *is* a small margin?  For many small businesses, that is their *only* competitive advantage in their start-up years.   Third, when the HELL did being left alone and keeping the money I earned by generating wealth and providing services become a motherfucking SUBSIDY? When the hell did the money I earn become the government's by right????    Also fuck you, you disgusting self-important pimple.  The risk-takers, wealth generators and employers of half of America are in fear for their survival; their livelyhoods, their life's work, and their retirement are all at risk from government meddling; and you cavalierly snark that they should just go out of business.    May you live long enough to one day learn how it feels."}
{"_id": "537458", "title": "", "text": "\"Relevant section:  &gt;\"\"Just as CEO Elon Musk is a respected champion for green energy and innovation, I hope he can also become a champion for his employees.\"\"  &gt;The workers say they want access to information about the dangers of the jobs they are doing, and they want a voice in the conversation about how to fix the safety issues.\""}
{"_id": "537463", "title": "", "text": "Thanks everyone. It was refreshing to hear everyones opinion. I have already taken your advice, have updated my resume, and have applied for two positions in the last 5 hours. Hopefully I won't be at this place for much longer."}
{"_id": "537466", "title": "", "text": "In the absence of sound, visuals are what your video will rely on to carry the message across. Therefore, you need to ensure that you utilize only high quality visuals. A company with experience in promotional video production would be able to offer enhanced visuals that will effectively help you build your brand."}
{"_id": "537471", "title": "", "text": "\"Office jobs are being automated and/or shipped overseas. Accounting used to require A LOT more people to run a decent Accounting Department at a company. With advances in computers and software, my company halved the staff in our department 10 years ago.  With how my industry (health care) in consolidating at a rapid pace, many more accounting jobs will be lost because of administrative redundancies. Two, 1 billion dollar companies merging into ONE, a 2 billion dollar company can function with the accounting head count of one of the company's Accounting Departments. The Accounting softwares scale very easily.  Legal work is being farmed out to Indian legal companies specializing in American Law. Hollywood routinely sends their legal work overseas to these firms to cut costs. Law has been hit really bad this recession and I doubt it will ever \"\"recover\"\" to pre-recession employment levels with advent of legal templates and software that automate a lot of the boiler plate legal work that lawyers used to be able to charge for.\""}
{"_id": "537478", "title": "", "text": "\"Poor in a rich country isn't necessarily better than being poor in a poor country. Have you actually seen how real, true poor people (poor or even on the dole) live in this country? I do daily; it's not \"\"rich,\"\" unless you're just so amazed by running water and a couple hundred dollar TV. Running water is pretty great, but a decent TV doesn't make your life \"\"better.\"\"\""}
{"_id": "537508", "title": "", "text": "Why would anyone listen to someone else's advice? Because they believe that the person advising them knows better than they do. It's as simple as that.  The fact that you're doing any research at all - indeed, the fact that you know about a site on the internet where personal finance questions get asked and answered - puts you way ahead of the average member of the population when it comes to pensions.  If you think you know better than the SJP adviser (and I don't mean that aggressively, just as a matter of fact), then by all means do your own thing. But remember about unknown unknowns - you don't know everything the adviser might say, depending on your circumstances and changes to them over time..."}
{"_id": "537513", "title": "", "text": "In Miro Zecevic, we count, being faithful to the opinion of our clients, with the best consultants of West Palm Beach, FL. We serve all types of companies, both public and private, regardless of whether they work in the regional, national or international. The commitment to our customers and the satisfaction of them are our maxims.  We are considered as the best accounting advice in Florida. With years of experience behind us and hundreds of satisfied clients, Miroslav zecevic offers our services as financial advisors to both public and private companies, working closely with them to direct their respective financial organizations towards the strategies and goals they wish to achieve."}
{"_id": "537577", "title": "", "text": "Whether or not you or the other person has a receipt, all transactions can be disputed up until 90 days. If the other person decides to create a dispute and escalate it, paypal will take matters into their own hands and create an investigation. Now, it is up to paypal to decide if you get to keep the funds or if it goes back to the other person."}
{"_id": "537593", "title": "", "text": "Yes, it's a good idea to have a separate business account for your business because it makes accounting and bookkeeping that much easier. You can open a business checking account and there will be various options for types of accounts and fees. You may or may not want an overdraft account, for example, or a separate business credit card just so you can more easily separate those expenses from your personal cards. When I started my business, I opened a business checking account and met with my banker every year just to show them how the business was doing and to keep the relationship going. Eventually, when I wanted to establish a business line of credit, it was easier to set up because I they were already familiar with my business, its revenue, and needs for a line of credit. You can set up a solo 401k with your bank, too, and they'll be very happy to do so, but I recommend shopping around for options. I've found that the dedicated investment firms (Schwab, Fidelity, etc.) tend to have better options, fees, and features for investment accounts. Just because a specific bank handles your checking account doesn't mean you need to use that bank for everything. Lastly, I use completely different banks for my personal life and for my business. Maybe I'm paranoid, but I just don't want all my finances in the same place for both privacy reasons and to avoid having all my eggs in the same basket. Just something to consider -- I don't really have a completely sane reason for using completely different banks, but it helps me sleep."}
{"_id": "537603", "title": "", "text": "If I invest X each month, where does X go - an existing (low yield)   bond, or a new bond (at the current interest rate)? This has to be viewed in a larger context.  If the fund has outflows greater than or equal to inflows then chances are there isn't any buying being done with your money as that cash is going to those selling their shares in the fund.  If though inflows are greater than outflows, there may be some new purchases or not.  Don't forget that the new purchase could be an existing bond as the fund has to maintain the duration of being a short-term, intermediate-term or long-term bond fund though there are some exceptions like convertibles or high yield where duration isn't likely a factor. Does that just depend on what the fund manager is doing at the time   (buying/selling)? No, it depends on the shares being created or redeemed as well as the manager's discretion. If I put Y into a fund, and leave it there for 50 years, where does Y   go when all of the bonds at the time I made the purchase mature?  You're missing that the fund may buy and sell bonds at various times as for example a long-term bond fund may not have issues nearing maturity because of what part of the yield curve it is to mimic. Does Y just get reinvested in new bonds at the interest rate at that time? Y gets mixed with the other money in the fund that may increase or decrease in value over time.  This is part of the risk in a bond fund where NAV can fluctuate versus a money market mutual fund where the NAV is somewhat fixed at $1/share."}
{"_id": "537608", "title": "", "text": "Which is just one metric for assessing how well a country is going.   A great example of this is if you compare Portugal and Equatorial Guinea. They both have very similar GDP, but most of Guinea lived in third world conditions, with on decent education system, no justice system, poor infrastructure, etc...  How do they have such a high GDP? Oil.  Who does that go to? Ruling family..."}
{"_id": "537611", "title": "", "text": "\"If Trump really wanted to get Americans back to work, he would demolish the H1-B program.  If I was president, it would be the first thing I went after.  Cut H1-B visas by 60% over 4 years, and impart a penalty on companies who have x% of workers on this visa.  It's not a race to the bottom. We have capable people here who get laid off because of this program.  But \"\"something, something coal\"\" because he needed those idiots votes.\""}
{"_id": "537626", "title": "", "text": "If markets are efficient (which they aren't, but anyways...), the frequency of DCA investments shouldn't yield any meaningful difference in return.  The one possible item to note is that if you're able to invest more frequently, you'll have more money exposed to the effects of compounding for longer, which *may* increase return. However, there are also transaction costs to consider, which may render something like *continuous* DCA-ing ineffective.   That same compounding effect also negates the potential benefits of DCA altogether, making it more logical to lump sum your investments.   You may be conflating DCA with simply making additional cash every week that's available for investment. If that's the case, again, lump sum as early as possible should yield the best results...  (this isn't financial advice, read the sidebar disclaimers)"}
{"_id": "537653", "title": "", "text": "\"it is only sprayed on crops that are RoundUp ready, meaning the genome has been altered to accept RoundUp sprayed directly on the plant.    Jesus, reading this is like reading a memo directly from Monsanto.  You are blindly following the marketing of Monsanto with the \"\"how is RoundUp nasty\"\".  Really?  For fuck sake people, doctors used to recommend a certain brand of cigarette.  Wake the fuck up.\""}
{"_id": "537664", "title": "", "text": "Have been an assistant KM at a chipotle, can chime in here. The higher prices for our food (relative to other restaurants that use GMOs and such) is only half going to being able to afford non-GMO food. There's actually a lot of other really good things that Chipotle does, like deep cleaning services, paying employees extremely competitive wages/salaries compared to other restaurants, and a real nice education assistance program for employees who are also college students."}
{"_id": "537671", "title": "", "text": "\"Internet is a confusing place. With so many websites that exist, how can you make your place in cyberspace stand out from all the rest? A good ranking in Google is essential to make your site a success. I can help you adapt your Website Development Services so that it is one of the first to appear in search engines and get those important clicks. We know that people spend more hours every day on Facebook, Twitter, YouTube, Google and other social networks, but getting millions of \"\"friends\"\" and \"\"followers\"\" is no easy task. It is essential that your business or company connects and participates in these spaces, but eye, you have to do well, as something more than a mere presence of brand.\""}
{"_id": "537675", "title": "", "text": "&gt; Your preferred answer: It's not debt, it's magic. It never has to be paid back.  It's certainly not magic, but it is both a debt and an asset.     It adds a net amount of 0 to the balance sheet, while providing a little under 100 billion dollars of income to the US Treasury.  You don't seem to know what QE is."}
{"_id": "537687", "title": "", "text": "The short answer is you are not required to.  The longer answer depends on whether you are referring to your organization as a sole proprietorship in your state, or for federal taxation.  For federal tax purposes, I would suggest filing each side job as a separate Sch C though.  The IRS uses the information you provide about your sole proprietorship to determine whether or not your categorization of expenses makes sense for the type of business you are.  This information is used by the IRS to help them determine who to audit.  So, if you are a service based business, but you are reporting cost of goods sold, you are likely to be audited."}
{"_id": "537698", "title": "", "text": "Judging by your question, you seem to be a non-accredited investor. Under certain circumstances in some states, you may be able to sue the officers, directors, and other parties in control of the company for full rescission of your investment plus interest and attorneys' fees. You should consult with a locally licensed securities attorney to discuss your options."}
{"_id": "537709", "title": "", "text": "Oil wasn't always so valuable. It has had its day in the sun. It is time for new ways to do things that are cleaner and renewable. You are right about that 10% loss, but new products could change that."}
{"_id": "537711", "title": "", "text": "\"Before going into specific investments, I think it would be a good idea to assess how \"\"free\"\" is that $5000. How much do you have to rely on it in emergency? You always want to buy low and sell high. However, if you need to make unplanned withdraw from an investment, you risk unfavorable market conditions at the time when you need the money, and lose money that way. One common suggestion is to keep 3-6 months living expense in checking/saving/very, very liquid/short term investments. After that, you can invest the rest in more profitable ventures.  Assuming that you are all set in that regard, next consideration is whether you have any goal for the money besides generating the maximum return. Is this for retirement, buying a house/apartment a few year down the road, graduate school, emergency cash store for the time between graduation and getting a job, or traveling a year in Europe after graduation? There are myriad of other possible goals. Knowing that you get a better idea of the time frame involved in the investment, and what you need to do with your money. If this is for retirement, you just need to generate the highest possible return for 40-50 years, while minimize taxes when you have to withdraw that money (there are more nuanced concerns, but large idea-wise that's what you need to do). If you want it for a trip to an exotic location in 2 year, then your primary goal will be to preserve the value of your capital, while assessing whether you need to manage foreign-exchange risk.  The time frame also rule in or rule out certain types of investments. If you are planning to use the money to purchase a house in 5 years, IRAs probably would not be what you are looking for. If you are planning to retirement, short term CD would not be the most effective way. After figuring out a bit of what you are trying to do with the money, I think how you want to invest it will be much more clear to you. In case of retirement, people seem to generally recommend no load index funds, and mid-cap growth funds. Nothing is really off the table, since your investment time frame is so long, and you can tolerate risk. You might also be interested to check out https://www.wealthfront.com/ (I have no relation with them). A friend recommended it to me, and I think their pitch make sense.  In other cases, it really is case dependent, and there might have more than one solution to any case. There is just one more potential investment venture that people you might not immediately thinking of, and that might be of interest to you. That is to use the $5000 as your own budget to build/maintain connections with people and network. Use it to take professors out to a meal to pick their brain, travel to keep in touch with old friends, network with potential future employers and peers to improve job prospect, or get opportunities to meet interesting people.  I hope this helps.\""}
{"_id": "537716", "title": "", "text": "Others have covered the usual vehicles for getting money out of a property. There's another category of home loan called a hard money loan. It would take a lot of inquiries to find a hard money loan given your needs, but chances are its doable. The terms can be onerous, and hard money lenders don't mess around when it comes to foreclosing after a few missed payments. It's an off-the-radar industry and the private lenders and specialized trustees operate together with strike-force precision. Trustees normally should be trust-able by borrower and lender, but in the case I describe below, one man owned the small company that lent, and the small company that acted as trustee. Borrower beware. Yet, if your credit score and income are dismal, but your home equity is great, hard money is the only way to borrow against your home. In making hard money loans, lenders don't consider your credit score or income, just how much equity is in the property. I daresay they hope you'll default. They don't always hang onto the loans. If you look like a payer instead of someone they can foreclose on, they might sell the loan to someone who wants a stable monthly income. You don't know a thing about that person.  A Cautionary Tale: *Check out HankandHelen.blogspot.com for a currently-unfolding saga, in which an elderly couple's grandson convinced them to let him take title to their house, borrow against it, invest the proceeds, and share the profits. It didn't work that way. He went through hard-money lenders. He borrowed $360,000 and then $65,000. Those were mysteriously paid off (total mystery at this point), and he borrowed $47,000.  About a year later, he lost the house by defaulting the $47,000 loan. He was only about $2000 behind in payments when the trustee issued a notice of default, followed by a notice of sale. The trustee put the place up for auction, which didn't require a court order: that's the way it is in California and many western states, and a few others. The hard money lender bought the loan at auction for $83,000, and a home worth about $800,000 no longer belonged to the grandson.  A fundraiser brought in about $120,000 and the couple bought a mobile home in a mobile home park. The acre of land and swimming pool they used to own will be for sale soon, or possibly demolished for a mansion to be built. (House in the area go for about $2.5M when improved with very large, new houses.)* I poke around PropertyShark.com when I see a house bought cheaply at a foreclosure auction. Quite often the (former) borrower had inherited the house, treated it like a piggy bank, defaulted, and boom--no more house. It never makes sense to put a house at risk for a small amount like $5000. If you can't pay those credit card bills, the lenders can hound you and maybe get a court order to extract something from your checking account every month, but they can't take your belongings. When you sign a deed of trust or mortgage, you're giving a third party the right to kick you out of your home and take possession of it. You don't have any say in the matter. You might go to court, and say whatever you feel like saying, but if you owe many payments and can't pay them immediately, you're very likely to be out of luck. Someone mentioned paying off credit card balances with the highest interest rates first. That's done by throwing whatever cash you have at them while paying the minimum on the lower-rate balances. That's financially sound, but there's a technique that turns out to be more motivating for some, which is attacking the lowest balance first. It leads to the quickest reduction in the number payments you're required to make every month, and quickly lets you add the money you were applying to the smallest balance to the payment you make on the next-smallest balance. (Close each card as you pay it off if you don't want to accumulate debt again.) P.S. I don't know what your home's feed is, so I didn't address that. If it's some kind of rental income, every lender I have encountered credits 75% of the current monthly rent toward your gross income. They assume there will be vacancies and other costs."}
{"_id": "537721", "title": "", "text": "Lets do the math, using your numbers. We start off with $100K, a desire to buy a house and invest, and 30 years to do it.  Scenario #1 We buy a house for $100K mortgage at 5% interest over 30 years. Monthly payment ends up being $536.82/month. We then take the $100K we still have and invest it in stocks, earning an average of 9% annually and paying 15% taxes.  Scenario #2 We buy a house for our $100K cash, and then, every month, we invest the $536.82 we would have paid for the mortgage. Again, investments make 9% annually long term, and we pay 15% taxes.  How would it look in 30 years?  Scenario #1 Results: 30 years later we would have a paid off house and $912,895 in investments Scenario #2 Results: 30 years later we would have a paid off house and $712,745 in investments Conclusion: NOT paying off your mortgage early results in an additional $200,120 in networth after 30 years. That's 28% more. Therefore, not paying off your mortgage is the superior scenario.  Caveats/Notes/Things to consider Play with the numbers yourself:"}
{"_id": "537725", "title": "", "text": "&gt; but how is this different than when some Mississippi businesses decided they didn't want to sell to gay people?   Because sexual orientation isn't a choice, and is in some cases already a protected class. If you're a business open to the public, you don't get to discriminate against protected classes based on their status in that class. (That is, you can't refuse to serve a woman because she's a woman. You can refuse to serve her if she's being a dick to your staff or something.)"}
{"_id": "537729", "title": "", "text": "You're a god damn idiot. Anyone who actually read a little about the debt knows it doesn't even matter. Our debt shows a strong economy and dollar. It shows value and investment worthy. Anyone can buy treasury bonds. You.. me... apple... you think our debt is at 20t because it's all we can get invested? Fuck no people are waiting in line to buy new treasury bonds. They're solid investments for people who don't want to worry about stock trading and know for a fact in 30 years they get their money and interest. But somehow you think the Jews were able to pool enough money to lend out 20t but not have the ability to increase the debt and lend out 5t a year and not 600b. Hah..."}
{"_id": "537737", "title": "", "text": "The answer varies based on your location which you did not mention, but here in Minnesota (USA) I would recommend the following: I have followed the above steps with success and my states Attorney Generals office also recommended a similar process. See the following question for Q&A related to the other side of the transaction: What is the best way to accept payment when selling a used car?"}
{"_id": "537763", "title": "", "text": "Form 1099-misc reports PAYMENTS, not earnings.  This does not imply the EARNINGS are not taxable in the year they were earned."}
{"_id": "537783", "title": "", "text": "This is a very good question! The biggest difference is that when you put money in a savings bank you are a lender that is protected by the government, and when you buy stocks you become an owner. As a lender, whether the bank makes or loses money on the loans it makes, they still maintain your balance and pay you interest, and your principal balance is guaranteed by the government (in the USA). The bank is the party that is primarily at risk if their business does not perform well. As an owner, you participate fully in the company's gains and losses, but you also put your money at risk, since if the company loses money, you do too. Because of this, many people prefer to buy funds made up of many stocks, so they are not at risk of one company performing very poorly or going bankrupt. When you buy stock you become a part owner and share in the profitability of the company, often through a dividend. You should also be aware that stocks often have years where they do very poorly as well as years when they do very well. However, over a long period of time (10 years or more), they have historically done better in outpacing inflation than any other type of investment. For this reason, I would recommend that you only invest in the stock market if you expect to be able to leave the money there for 10 years or more, ideally, and for 5 years at the very least. Otherwise, you may need to take the money out at a bad time. I would also recommend that you only invest in stocks if you already have an emergency fund, and don't have consumer debt. There isn't much point in putting your money at risk to get a return if you can get a risk-free return by paying off debt, or if you would have to pull your money back out if your car broke down or you lost your job."}
{"_id": "537787", "title": "", "text": "\"&gt; Hearing Protection Act.  Which is a great piece of legislation, btw.  It really is kind of stupid that sound suppressors are so heavily regulated (read: expensive to obtain, not necessarily any harder to get).  \"\"Silencers\"\" in real life dont work like they do in the movies... they dont make guns silent, just not (literally) deafeningly loud.  They dont make crimes easier or make it that much more difficult to locate a crazy active shooter... its still easy to recognize gun shots and where they are coming from, they just dont blow out your ear drums as bad and piss off your neighbors when you decide to shoot.  Unfortunately though your average person doesn't understand this, and will probably be against a law that actually helps your average shooter be safer.\""}
{"_id": "537791", "title": "", "text": "I fully appreciate your argument.    I feel that the current system doesn't allow for the growth that you take as an assumption.  The idea that somehow people will take a lower income job and automatically grow into a higher paying one.    Companies hire smart people to maximize profit... it's expected and it leads to trying to have a work force that is minimum wage with little room for growth.    Further, I believe that minimum wage hasn't kept up with inflation.    Yes, jobs are a worthy cry, but it cannot be the only metric we rely on to make sure everyone has the opportunity to live decently (a truly subjective term that we all have differing opinions on).    I personally have met far more full grown adults with high school and even college degrees working low paying jobs than teens or immigrants."}
{"_id": "537792", "title": "", "text": "Yes, I have done this and did not feel a change in cash flow - but I didn't do it a the age of 23.  I did it at a time when it was comfortable to do so.  I should have done it sooner and I strongly encourage you to do so.   Another consideration:  Is your companies program a good one?  if it is not among the best at providing good funds with low fees then you should consider only putting 6% into your employer account to get the match.  Above that dollar amount start your own ROTH IRA at the brokerage of your choice and invest the rest there.  The fee difference can be considerable amounting to theoretically much higher returns over a long time period. If you choose to do the max , You would not want to max out before the end of the year.  Calculate your deferral very carefully to make sure you at least put in 6% deferral on every paycheck to the end of the year.  Otherwise you may miss out on your company match.  It is wise to consider a ROTH but it is extremely tough to know if it will be good for you or not.  It all depends on what kind of taxes (payroll, VAT, etc) you pay now and what you will pay in the future.  On the other hand the potential for tax-free capital accumulation is very nice so it seems you should trend toward Roth."}
{"_id": "537831", "title": "", "text": "In effect, you are paying for 70% of the house but he gets half the gain. On the flip side, you're living there, so that probably makes up this difference.  It will be toughest if the house jumps in value, to the point you might be forced to sell.  You might want to think about that a bit."}
{"_id": "537854", "title": "", "text": "The entire premise of purchasing a call option is your expectation that the prices will rise. So even though there is a possibility of prices falling, you wouldn't mind paying higher premiums in a volatile market  for a call option because you're bullish and are expecting the volatility to eventually turn out in your favour i.e. prices to rise"}
{"_id": "537857", "title": "", "text": "Compound interest means that the interest in each time period is calculated taking into account previously earned interest and not only the initial sum. Thus, if you had $1000 and invested it so that you'd earn 5% each year, than if you would withdraw the earnings each year you in 30 years you would earn 0.05*30*1000 = $1500, so summarily you'd have $2500, or 150% profit. However, if you left all the money to earn interest - including the interest money - then at the end of 30 years you'd have $4321 - or 330% profit.  This is why compound interest is so important - the interest on the earned interest makes money grow significantly faster. On the other hand, the same happens if you owe money - the interest on the money owed is added to the initial sum and so the whole sum owed grows quicker.  Compound interest is also important when calculating interest by time periods. For example, if you are told the loan accumulates 1% interest monthly, you may think it's 12% yearly. However, it is not so, since monthly interest is compounded - i.e., in February the addition not only February's 1% but also 1% on 1% from January, etc. - the real interest is 12.68% yearly. Thus, it is always useful to know how interest is compounded - both for loans and investments - daily, monthly, yearly, etc."}
{"_id": "537862", "title": "", "text": "ChelseaFC rocked number 2, so before I try to answer number 1, I'll just mention that academics generally ignored negative *real* interest rates, and have always admitted that negative *nominal* rates were perfectly possible.  There's nothing in his explanation that I think is controversial at this point though.  As for number 1, a drop in a company's share price affects the company's ability to raise cash in the present and future.  In a closely related issue, that drop can affect the company's ability to compensate its employees through options and restricted stock grants.  In the long run (and I suspect you already know this), and drop in the share price affects the shareholders' wealth, and can lead them to demand that changes be made to be firm's operations (usually, changes made to who's running the firm).  If a firm doesn't need more financing, and it doesn't pay any employees with stock or derivatives on its stock, then changes to its stock price won't affect the firm's operations in the slightest.  Naturally, this assuming that the change in stock prices isn't indicative of changes to the economy, but that's a causal relationship in the other direction (the stock price reflects changes in operations, not the other way around)."}
{"_id": "537875", "title": "", "text": "I bet it isn't too bad and if the numbers are large enough I could be better.  I've been in too many rentals where the steering wheel at my desired angle obscured the speed and I had to do this weird scrunch and turn to see my speed.  Have a Tesla S and can tell you I always glance over to see the song artist and map instead of the copy in front of me.  I prefer it, but curious how it measures in distracted driving for a glance.  If they get to full auto drive it will be much better where it is."}
{"_id": "537887", "title": "", "text": "Not entirely true.  Argentina walks away without the ability to get credit in the normal way, but with other (more expensive) avenues to get credit if needed.  However, they also no longer have to pay the bond debt, which frees up a fair amount of tax income to go to the things they were previously paying with debt.    Singer comes away with... nothing.  He's out the cost of purchasing the debt.  He's out the cost of litigating.  He actually came away with worse than nothing.  He lost bad."}
{"_id": "537890", "title": "", "text": "OM Academy The International General Certificate of Secondary Education (IGCSE) is an English language curriculum offered to students to prepare them for International Baccalaureate, A Level and BTEC Level 3 (which is recommended for higher-tier students). It is based on the GCE O-Level and is recognised as being equivalent to the GCSE. The IGCSE was developed by University of Cambridge International Examinations. IGCSE Home Tuition Classes in Navi Mumbai The examination board Edexcel offers its own version, the Edexcel International GCSE. Students begin learning the syllabus at the beginning of year 10 and take the test at the end of year 11.IGCSE Home Tuition Classes in Navi Mumbai. IGCSE Home Tuition Classes in Navi Mumbai The International General Certificate of Secondary Education (IGCSE) is an English language ... Students begin learning the syllabus at the beginning of year 10 and take the test at the end of year 11. The IGCSE .... The IGCSE is offered by two examination boards in the UK, one being Edexcel, and the other one being AQA.IGCSE Home Tuition Classes in Navi Mumbai. IGCSE has been designed for the 14 to 16 year olds. ... IGCSE also have a choice to switch over to national curriculum as CBSE and ISC or any state board IGCSE Home Private Tuitions Mumbai. Why Choose OM Academy We IGCSE Home Tuition Classes in Navi Mumbai-OM Academy completely believe in balance approach to excel in exams. Hence we provide the academic and non-academic courses to enhance the ability of the students to perform better in the real life challenges IGCSE Home Private Tuitions Mumbai."}
{"_id": "537898", "title": "", "text": "If there's no inflation (or alternately there's deflation) people would tend to sit on money and wait for the prices to drop. This in pretty bad for pricier stuff like real estate/housing industry where a few percent can make a big difference.  For a growing economy a small inflation is good as people would go out and buy new stuff when they want it knowing they will not get a better deal if they wait a year or so."}
{"_id": "537900", "title": "", "text": "Jepet me qera  Apartament modern ne qender te Vlores,vetem pak metra nga sheshi i Skeles.Apartamenti perbehet nga nje dhome gjumi sallon me kuzhin tualet dhe ballkon me pamje nga deti,dhe eshte i pozicionuar ne katin e 9 te nje pallati te ri.Apartamenti eshte  i mobiluar ne menyr moderne,te gjitha mobiliet jane te importuara nga Italia dhe arredimi i ti eshte bere me Arkitekt.Apartamenti ndodhet vetem 5 minuta ne kemb nga disa prej qendrave te interesit ne Vlore si: Qendra Tregtare QTU,Universiteti,Pallati i Sportit,Pallati i Kultures,Muzeve etj.Ai ka akses te menjehershem ne bulevardin kryesor dhe ne shetitoren buz detit."}
{"_id": "537913", "title": "", "text": "wow thanks for the info. So if i wanted a masters in finance, should i take  math electives to get them out of the way earlier? I'm a senior in high school and I'm very interested in finance, but I'll admit not the best at math.."}
{"_id": "537916", "title": "", "text": "\"Do I have to pay the stock investment income tax if I bought some   stocks in 2016, it made some profits but I didn't sell them at the end   of 2016? You pay capital gains taxes only when you sell the stocks. When you sell the stock within a year you will pay the short term capital gains rate which is the same rate as your ordinary income. If the stock pays dividends, however, you will have to pay taxes in the year that the dividend was paid out to you. I bought some stocks in 2011, sold them in 2012 and made some gains.   Which year of do I pay the tax for the gains I made? You would pay in 2012, likely at the short term gain rate. I bought some stocks, sold them and made some gains, then use the   money plus the gains to buy some other stocks before the end of the   same year. Do I have to pay the tax for the gains I made in that year? Yes. There is a specific exception called the \"\"Wash Sale Rule\"\", but that would only apply if you lost money on the original sale and bought a substantially similar or same stock within 30 days. Do I get taxed more for the money I made from buying and selling   stocks, even if the gains is only in hundreds? More than what? You pay taxes based on the profit you make from the investment. If you held it less than a year it is the same tax rate as your regular income. If you held it longer you pay a lower tax rate which is usually lower than your regular tax rate.\""}
{"_id": "537919", "title": "", "text": "Our BHO Purge pumps include the latest and most relevant features that will improve and refine your process. At BHO VAC, you can find all kinds of BHO Purge Pumps made with the highest possible quality and easy to use with our wide range of proper vacuum fittings."}
{"_id": "537930", "title": "", "text": "\"An annuity is a contract. Its contents are \"\"a contractual obligation from the issuing company\"\". If you want to evaluate how your annuity is likely to fare, you're essentially asking whether or not its issuer will honor its contract. They're legally required to honor the contract, unless they go bankrupt. (Even if they do go bankrupt, you will be a creditor and may get a portion of the assets recovered by the bankruptcy process.) Generally, the issuer will take the proceeds and invest them in the stock market (or possibly in similar instruments - e.g. Berkshire-Hathaway bought a railroad and invests some money in it directly). They invest in these places because that's where the returns are. One of the reason that annuities may have a good rate on paper is that they may end up taking some of your principal, because many are structured as some form of survivor's insurance policy. Consider: If you're 65 years old and have some retirement savings, you'd like to be able to spend them without fear of them running out because you live longer than you expected (e.g. you survive to your 90s). So, you could invest in the stock market and hope for a 7% return indefinitely and then plan to spend the returns - but if those returns don't materialize for a few years because there's a big stock market crash, you're in big trouble! Or, you could buy an annuity contract which will pay you 7% a year (or more!) until you die. Then you're guaranteed the returns unless the issuer goes bankrupt. (Sure, you lose all your principal, but you're dead, so hey, maybe you don't care.) The insurance company essentially sells risk-tolerance. Other annuities aren't structured like this, and may be marketed towards non-retirees. They're usually not such a good deal. If they appear to be such a good deal, it may be an illusion. (Variable annuities in particular are hard to reason about without a good deal of knowledge about how the stock market behaves on a year-to-year basis: many of them have a maximum return as well as a minimum, and the stock market may pile up a lot of its returns into one year, so after a \"\"crash and recovery\"\" cycle you might end up behind the market instead of ahead.) Annuities are a form of safety. Safety can be very expensive. If you're investing your own money, consider whether you need that safety. You probably needn't worry quite so much about the issuer being crazy-fraudulent or Ponzi-esque: you should worry mostly about whether it looks better on paper than it is.\""}
{"_id": "537934", "title": "", "text": "Theres no regulations for market manipulation of bitcoin markets. You can get pretty creative with ramping, stop loss hunting, spoofing, etc. I believe all the traders use TA with a fundamental view but no amount of experience can prevent you from getting margin called due to someone dumping $50 MM of bitcoin to trigger stop losses.  Half the uber drivers here in San Francisco talk about bitcoin or are invested in it, that should give you an idea about the sophistication of many of the market participants."}
{"_id": "537944", "title": "", "text": "Can anyone recommend a good textbook that covers Fannie Mae and Freddie Mac, or more broadly the US home mortgage market? A basic search seems to mostly turn up books that aim to make an ideological point rather than attempt to provide an actual explanation.  I have a basic financial knowledge including a basic understanding of derivatives at the level of say the textbook by Hull, but know very little about the US mortgage market specifically. I don't mind technical detail, and am not afraid of math. I don't mind if the book is broader, as long as it includes a reasonably in depth look at these GSEs and their role.  This seems to be a pretty basic piece of knowledge for many financial professionals, so I assume there must be at least one standard textbook on this that I just haven't been able to find.  EDIT: I'm looking for something post 2008 of course."}
{"_id": "537945", "title": "", "text": "It's either a broad benchmark sp500, msci world, lehman agg, and or a cash index. Most will not use a specific benchmark.  While the broad benchmark may not be applicable from my experience its usually there as a proxy for the overall market."}
{"_id": "537963", "title": "", "text": "\"&gt;Except it's not going to be \"\"Whole Foods\"\" as you know it. In the article it says how Amazon is planning to get rid of all the expensive whole food inventory and replace it with cheap foods with mass appeal. Their goal to to compete with Walmart.   LOL, I bet all those Whole Paycheck shoppers are pissed that they won't be able to use this store as a status symbol anymore.\""}
{"_id": "537980", "title": "", "text": "It makes sense for civil service jobs where you want the bureaucracy to remain apolitical. If layoffs are based on performance, you end up with gamed performance stats to favor the current regime and oust the opposition.  This is especially the case in jobs where measuring performance is extremely difficult or subjective, and, in these cases, seniority tends to act as a decent proxy. (or at least, it's the best of a few mediocre options)"}
{"_id": "537982", "title": "", "text": "CFDs should not be used as a buy and hold strategy (which is risky enough doing with shares directly). However, with proper money and risk management and the proper use of stop losses, a medium term strategy is very plausible.  I was using CFDs in the past over a short time period of usually between a couple of days to a couple is weeks, trying to catch small swings with very tight stops. I kept getting wipsawed due to my stops being too tight so had too many small loses for my few bigger wins. And yes I lost some money, almost $5k in one year. I have recently started a more medium term strategy with wider stops trying to catch trending stocks. I have only recently started this strategy and so far have 2 loses and 3 wins. Just remember that you do get charged a financing fee for holding long position overnight, buy for short position you actually get paid the funding fee for overnight positions. My broker charges the official interest rate + 2.5% for long positions and pays the official rate - 2.5% for short positions. So yes CFDs can be used for the longer term as long as you are implementing proper money and risk management and use stop losses. Just be aware of the implications of using margin and all the costs involved."}
{"_id": "537988", "title": "", "text": "Standard advice for these scenarios: Stay out of it unless asked specifically for advice, and even then, be wary of being too harsh.  You'll damage your relationship with your friend if you get involved."}
{"_id": "538000", "title": "", "text": "If HSBC is an option for the country in which you're living I found they have very comprehensive banking services which are very helpful as an expat, including easy wire transfers initiated online. One key aspect is they will honor your US credit score which is helpful while you build a credit history in the new country. If you have enough on deposit with them you may qualify for the HSBC Premier program which then gives you all of those free of charge.  That being said, I think their customer service and bureaucracy is horrendous. So once I had established myself locally I switched to a better local bank and use wire transfer services.  If you happen to be an expat in Canada there are now starting to be other options with TD and RBC."}
{"_id": "538005", "title": "", "text": "How do you find an ethical, honest practitioner of any business? One: Make a small transaction with them and see how they treat you. If they cheat you on something small, don't give them a chance with something big. Two: Ask family and friends for recommendations. Three: Get information from public sources, like web sites where people post reviews of businesses, consumer advocacy organizations, groups like the Better Business Bureau, etc. Personally I consider all these of questionable value as you're asking one stranger to advise you on the reliability of another stranger, but better than nothing."}
{"_id": "538011", "title": "", "text": "Are you a victim of fraud, forgery, or suspect some professional or personal threat? Don\u2019t risk your life and possessions when there are options to reach to the root cause of your threat and eradicate it. Hire California private investigator with license for genuine and authentic service."}
{"_id": "538012", "title": "", "text": "Ordinary investors who own mutual funds (like vanguard or whatever) are subject to HFT scalping.  Mutual funds, pensions, etc are all operating in the markets with HFTs who are front running them for a tiny spread profit.  Million of ordinary investors are invested in those funds and therefore are getting charged this spread by the HFTs."}
{"_id": "538014", "title": "", "text": "Not that I doubted everyone's assumption but I wanted to see the math so I did some spreadsheet hacking. I assumed a monthly payments for 30 years which left us with total payments of 483.89.  I then assumed we'd pay an extra $200/month in one of two scenarios.  Scenario 1 we just paid that $200 directly to the lender.  In scenario 2 we set the extra $200 aside every month until we were able to pay off the $10k at 7%.  I assumed that the minimum payments were allocated proportionately and the overpayments were allocated evenly.  That meant we paid off loan 5 at about month 77, loan 4 in month 88, loan 3 in month 120, loan 2 in month 165, and loan 1 in month 170. Getting over to scenario 2 where we pay $483.89 to lender and save $200 separately.  In month 48 we've saved $9600 relative to the principle remaining in loan 3 of $9547.  We pay that off and we're left with loan 1,2,4,5 with a combined principle of about $60930.  At this point we are now going to make payments of 683.89 instead of saving towards principle.  Now our weighted average interest rate is 6.800% instead of 6.824%.  We can calculate the number of payments left given a principle of 60930, interest of 6.8%, and payment of 683.89 to be 124.4 months left for a total of 172.4 months Conclusion: Scenario 1 pays off the debt 3 months sooner with the same monthly expenditure as scenario 2."}
{"_id": "538023", "title": "", "text": "You've never saved money?  Have you ever bought anything?  There probably was a small window of time that you had to pool some cash to buy something.    In my experience, if you make it more interesting by 'allocating money for specific purposes' you'll have better results than just arbitrarily saving for a rainy day.    Allocate your money for different things (ie- new car, emergency, travel, or starting a new business) by isolating your money into different places.  Ex- your new car allocation could be in a savings account at your bank.   Your emergency allocation can be in cash under your bed.   Your new business allocation could be in an investment vehicle like a stocks where it could potentially see significant gains by the time you are ready to use it.    The traditional concept of savings is gone.  There is very little money to be earned in a savings account and any gains will be most certainly wiped out by inflation anyway.  Allocate your money, allocate more with new income, and then use it to buy real things and fund new adventures when the time is right."}
{"_id": "538049", "title": "", "text": "\"&gt;The problem is that the Boomers will only start dying when GenX starts retiring.  Ah, but the key there is when GenX **starts** retiring (meaning when the OLDEST GenX'ers hit retirement age).  The younger GenX'ers will still be in the prime of their life (late 40's and 50's -- and so certainly able to own/operate the funeral homes, casket &amp; urn manufacturing operations, etc -- especially those who finally inherit their \"\"Silent Generation\"\" parents assets/savings).  &gt;While your advice made me chuckle, it is better directed at Millenials. :)  The GenY Millenials will certainly have the *opportunity* to benefit, but (especially the younger ones -- yet to reach adulthood) will likely be the \"\"menial\"\" labor of the Boomer \"\"death/dying\\* boom\"\" (but as I have said in other places, they can probably pretty easily demand HIGH wages for said menial labor, because the demand will outweigh the supply -- thus the accumulated \"\"assets\"\" of the Boomers will {one way or another} be transferred to GenX &amp; GenY, even if it is a bit belatedly and perforce).  ;-)  \\*It's not limited to the funeral part, there's gonna be BIG BUSINESS in things like nursing homes, and a high demand (and thus high wages) for bedpan changers, and sponge-bath givers, etc. (at least if the boomers want to be RESPECTFULLY treated by their sponge-bath givers... they will learn to \"\"tip\"\" with $100 bills for having their crack \"\"properly\"\" wiped, those who don't {or can't} tip will be left to \"\"stew\"\" in their own juices so to speak).\""}
{"_id": "538054", "title": "", "text": "It is possible to exercise an out of the money option contract. Reasons to do this: You want a large stake of voting shares at any price without moving the market and could not get enough options contracts at a near the money strike price, so you decided to go out of the money. Then exercised all the contracts and suddenly you have a large influential position in the stock and nobody saw it coming. This may be favorable if the paper loss is less than the loss of time value that would have been incurred if you chose contracts near the money at further expiration dates, in search of liquidity. Some convoluted tax reason."}
{"_id": "538060", "title": "", "text": "As the commenters have already indicated, money market mutual funds are not guaranteed to maintain principal during all market conditions, and investments in mutual funds are not insured against loss due to market changes. That said, you can run a price search on Vanguard's website and see these results: So, despite all the economic problems since 1975, VMMXX has never traded at a price other than $1.00."}
{"_id": "538062", "title": "", "text": "\"I'm a \"\"new\"\" (last 2 years) homeowner.  For me, at least, benefits of owning far outweigh renting.  $8000 tax credit for the first time homebuyer, a massive deduction every year for your tax return, the option to rent out rooms to offset the large majority of my mortgage payment, and the real estate trend indicating that the value of my house *should* increase over time.  I think that if one has the means to buy in the current environment rather than renting, they certainly should.  You get no return on your money if you rent.\""}
{"_id": "538064", "title": "", "text": "&gt; The purpose of buying these bonds was not to step in due to the absence of a market. Rather, the purpose was to deliberately bid up the price of these bonds (ahead of the market), causing their price to rise and yields (interest rates) to drop.  There are some important things you need to understand about bubbles and how they form.  When interest rates are artificially low and down payments aren't required for many loans, do you agree this is a recipe for a bubble?"}
{"_id": "538079", "title": "", "text": "Dividends are actually a very stable portion of equity returns, the Great recession and Great Depression notwithstanding:   However, dividends, with lower variance have lower returns.  Most of the return is due to the more variant price:  So while dividends fell by 25% during the worst drop since the Great Depression, prices fell almost by 2/3. If one can accumulate enough wealth to live only off of dividend income, the price risk becomes much more manageable.  This is the ideal circumstance for retirement."}
{"_id": "538084", "title": "", "text": "\"Not sure how the article's author doesn't think that corporate power has now completely infiltrated and dominated government to the point where it has become so obvious we have terms like \"\"corporatocracy\"\" and prompting [a study done by Princeton's Martin Gilens and Benjamin Page](https://scholar.princeton.edu/sites/default/files/mgilens/files/gilens_and_page_2014_-testing_theories_of_american_politics.doc.pdf) confirming how little influence the public has on the corporate lobbyist controlled government.  The only thing Galbraith got wrong was which corporations would be the puppet masters. And the article doesn't even mention the influence of the pharmaceutical and insurance interests.\""}
{"_id": "538086", "title": "", "text": "If you see something that looks like a sales pitch, be skeptical, even if they sound informed, say things which resonate with your concerns and promise to alleviate your problems. Watch out in particular for people who pontificate about matters which are tangentially related to the investment (e.g. populist anti-Wall-Street sentiment). Beware limited-time opportunities, offers, and discounts. I'm specifically talking about your email pitches, Motley Fool. They're shameful. Remember you're allowed to change your mind and go back on something that you've said a few minutes ago. If anyone tries to trick you into agreeing to go along with them by taking what something you've said and manipulating it, or uses logic to demonstrate that you must buy something based on things you've said, tell them you're not comfortable, head for the door and don't look back. Don't be afraid of embarrassment or anything like that. (You can investigate whether your position is in fact logically consistent later.) Run away from anyone who resents or deprecates the notion of a second opinion. Don't ever go along with anything that seems shady: it may be shadier than you know. Some people thought Bernie Maddoff was doing some front-running on the side; turns out it was a Ponzi scheme. (Likewise the Ponzi scheme that devastated Albania's economy was widely suspected of being dirty, but people suspected more of a black-market angle.) Beware of anyone who is promising stability and protection. Insurance companies can sell you products (especially annuities) which can deliver it, but they're very expensive for what you get. Don't buy it unless you seriously need it."}
{"_id": "538105", "title": "", "text": "\"I've traveled pretty extensively around the US (probably been to more states than a lot of citizens), love it out west, friends all over the place. Just not really a big city person so that's been holding me back from going to NYC. Friend would love to go there though, and he's really into musicals (and active in them at a professional level here) so of course my first reaction was \"\"sure, lets go\"\".\""}
{"_id": "538110", "title": "", "text": "Assuming you don't plan on continuing to use the card frequently, the best advice I've heard is to leave them open unless they have an annual fee. Also, leaving it open with a zero balance doesn't help your credit score as much as using it a few times a year (even for small amounts) because it will eventually shift to an inactive state that is less positive for your credit score."}
{"_id": "538113", "title": "", "text": "\"Former WFM team member here (about a decade, and still have a lot of store management staff as friends).  WFM has always wanted to be the \"\"tech company\"\" of grocery stores, but their implementation strategy has been absolutely worthless, haphazard, and piecemeal due to their method of expansion in in the 90s and early 2000s, where they would buy up regional organic grocery chains across the nation and pretty much just integrate them into the company as a separate entity.  Imagine WFM as really 7 different companies that have almost ZERO in common with each other, from policies to product selection to buyers to computer systems. So they've never been able to get the IT part of their business to be effective, even though they've desperately wanted to, because every region has had different IT that wasn't entirely compatible with the others.  On top of that, they tried to upgrade the current systems to a perpetual inventory system. That did not work. You can't just modify current systems to be fundamentally different from what their original intended function was.  With Amazon coming in, hopefully they can gut the system and start over fresh, using WFM's current regional distribution as a hub for expanding their own product offerings. Honestly, I think Amazon was looking at its seattle store with no employees as a prototype for what they could achieve with an actual chain.  A lot of what's holding WFM back on the price of their products is that they huge distribution costs. They're relying on UNFI, which is (in my experience) not exactly \"\"great.\"\" If Amazon can utilize what they do well (inventory management, shipping, technology, and business support services), I think they can decrease the cost of their products by the 20-25% target they need to hit to remain competitive in natural and organic foods. Because, right now, they're getting absolutely slagged by Kroger, Trader Joe's, Walmart, Sprouts, and so many others.\""}
{"_id": "538117", "title": "", "text": "* I recommend MASSIVE new government deficit spending, * far more regulations on everything business, * increased unilateral power for the unions, * expand vacations to a mandatory 12 weeks fully paid, * work week should be cut to 20 hours, * wages should be at least doubled, * all consumer prices cut in half via government price controls  any more problems?"}
{"_id": "538145", "title": "", "text": "At Foodex Trade Ltd website, metal dealers are also available which take your unwanted scrap and turn it into easy money for you right now. Any scrap that you\u2019d normally just throw away such as electric wire, cable, electrical road board and copper wire scrap, but don\u2019t do it. You can get some money if you sell the unused metal scrap. If manufacturers need to have a more metallic scrap, then the prices of scrap will go up. If they do not any need, then they will go down."}
{"_id": "538157", "title": "", "text": "\"Well, I am an atheist and this was my first job interview after getting back to the states, so I was at a loss for words. I simply said, \"\"Ummm....I don't know.\"\"  Needless to say I didn't get the job. But I don't think that job would have worked for me anyway if Jesus is an interview question.\""}
{"_id": "538168", "title": "", "text": "Nuestra agencia inmobiliaria le invita a descubrir en este sitio una selecci\u00f3n de anuncios inmobiliarios en M\u00e9xico y sus alrededores. Si desea obtener m\u00e1s informaci\u00f3n de M\u00e9xico en esta p\u00e1gina, ver\u00e1 una selecci\u00f3n de propiedades en inmobiliarias en mexico. Nuestro equipo de asesores de bienes ra\u00edces le espera en M\u00e9xico,, cerca de los accesos de metro, estaciones de Argoulets, Roseraie, para un estudio de su proyecto de bienes ra\u00edces, compra, venta, alquiler, su casa o apartamento o, gesti\u00f3n de alquiler de sus bienes inmuebles."}
{"_id": "538178", "title": "", "text": "We are the leading home &amp; an office interior designing company in Malaysia. We provide the best Residential design jb at the most affordable price. We do not restrict us to just homes, but also actively take up projects of business institutions, factory and organizations. Hire our professional to give a makeover to your house or design your new home. Contact us now and let the best interior designers in Johor"}
{"_id": "538186", "title": "", "text": "If you do it on your own, it doesn't mean you'll be able to create a commercially viable product.  It takes a lot of capital to create systems, technology, and business models to help you with your start up.  You need resources such as talent and software applications to help build your business.  These help you compete with established corporations and competitors to differentiate your product from the rest.  It's not easy and so what if VCs own a part of of your business.  That's for insurance reasons when te business fails and assets are needed to counter the investment liability.  You still get control of your start up and the product your offering."}
{"_id": "538192", "title": "", "text": "The problem is, everyone feels pressure to grow. M&amp;A is no longer just about cost synergies, but increasingly about revenue synergies and acquiring products or services that demonstrate growth with an ongoing runway.  I see too many issues where acquires impede on the growth of their new acquisition, thus resulting in a huge failure.  But today, it's a grow or die mindset (become an acquisition target or free full towards bankruptcy). Many are willing to overpay for growth so that they can continue on."}
{"_id": "538198", "title": "", "text": "\"I don't know if what they're doing is legal, however I believe you should be able to roll over the funds in your 401(k) to a self-administered IRA in which you can buy any stock you want. Is the company publicly traded?  Also, you say the stock is \"\"expected\"\" to surpass its previous high? By who? You? Spokespeople at the company? Certainly not the market itself, as it wouldn't have fallen so much otherwise. I'm not saying you're wrong, just that you have to make your own judgments about these things, don't go by others' \"\"expectations\"\".\""}
{"_id": "538199", "title": "", "text": "If it was me, I would outsource as much as possible with the desire to receive up front payment from financing companies for originating a loan.  Why? The biggest risk to newer businesses is cash flow.  The amount of work a new business owner has to do is daunting.  If you can outsource some of that work it will increase your chance of success and make your life easier.  Focus on selling cars. The upfront origination will help with your cash flow. If you can outsource the credit decision making and paper work you have leveraged your time and can focus on more important things."}
{"_id": "538200", "title": "", "text": "The most common one, Morning Star GRILLERS PRIME\u00ae BURGERS  &gt;TEXTURED VEGETABLE PROTEIN (WHEAT GLUTEN, SOY PROTEIN CONCENTRATE, SOY PROTEIN ISOLATE, WATER FOR HYDRATION), CORN OIL, SUNFLOWER OIL, EGG WHITES, CONTAINS TWO PERCENT OR LESS OF CORNSTARCH, NATURAL FLAVORS FROM NON-MEAT SOURCES, SOY PROTEIN ISOLATE (It is made from soybean meal that has been dehulled and defatted), AUTOLYZED YEAST EXTRACT (Yeast extract is the common name for various forms of processed yeast products made by extracting the cell contents), SALT, CARAMEL COLOR, ONION POWDER, SPICES, HYDROLYZED VEGETABLE PROTEIN (CORN, WHEAT, AND SOY), GARLIC POWDER, POTATO STARCH, MALTODEXTRIN (produced from starch by partial hydrolysis), DISODIUM GUANYLATE (natural sodium salt of the flavor enhancing nucleotide guanosine monophosphate), DISODIUM INOSINATE (more salt), SUCCINIC ACID (acidity regulator, or pH control agent), SUGAR, NONFAT DRY MILK, SOYBEAN OIL, WHEAT FIBER.  Tried to add some info to the ones that you might not know.Yeah, homemade is obviously the best."}
{"_id": "538207", "title": "", "text": "You misunderstand my intentions.  The financial markets dipped pretty badly after 08 happened - primarily because of the crisis. But they stayed down because of the following deregulation...  Mandated they kept more cash on reserve to prevent bailouts (Dodd frank), and increased spending on compliance - overall decreasing their profit margins.  They're still at historical lows. Now if those regulations were rolled back, their profit margins would increase (minus any external setbacks).  That's why I think it would be calculated to strive for their historical averages pre-08 if the industry returns to the historical climate.  Sure it's a bet, but I would argue it's a logical one"}
{"_id": "538208", "title": "", "text": "There are many ways to value a business. Here is a simple method to get a ball park number on most businesses. This business is made of two parts. For the real estate: For the business:  I would consider this type of small business riskier than the stock market and so you should expect a higher return. Maybe 15 or 20%? If the rental business makes $50k profit (not revenue) and that is 20% return of your investment, the business is worth $250k. If the business makes no money or if they only make money because they don't take a salary then this is a hobby and not a business. There's no business to buy here and you are just bidding on the real estate to do with what you please. The assets worth $600k and the business worth $250k would be added together for a fair sale price of $850k. Adjust for your actual numbers and you should be able to get a ball park of what you think the business is worth. If you do the math and it works out that you'll make 1-3% on your business, compare that to investing in other places. If it works out that you'll make 40% on your money that's pretty awesome too."}
{"_id": "538209", "title": "", "text": "Hi, I'm going to be a social studies teacher and will have to introduce students to economics. I am saving your post for the future because it is an amazingly well crafted and engaging lesson.. the village analogy can even be used for group enactment. Thanks so much for this!"}
{"_id": "538217", "title": "", "text": "I would keep the letter in a file for follow-up, and I would do what you are already planning to do and wait to see what shows up on the credit report. If this does reflect an identity theft attempt, chances are that others will follow, so vigilance is key here. If there is a hard credit check, then you can dispute that on your credit report. If there is not a hard credit check, there is nothing further this credit card company can do to help you anyway."}
{"_id": "538224", "title": "", "text": "If you adopt the definition of functionality being what defines something as smart, then having the average person unable to use -something which its intended purpose being the abstraction of production into a roughly quantified measure- would make it too dumb rather than smart. The entire purpose of money is to make trade easier. If money becomes too complicated for the average person it is no longer as functional as alternatives. Unless we want extreme class separation it is in our best interest to keep systems meant for simplicity simple. Even thinking of a future where money is too complicated gives off a very dividing sentiment."}
{"_id": "538237", "title": "", "text": "\"GLD, IAU, and SGOL are three different ETF's that you can invest in if you want to invest in gold without physically owning gold. Purchasing an ETF is just like purchasing a stock, so you're fine on that front.  Another alternative is to buy shares of companies that mine gold. An example of a single company is Randgold Resources (GOLD), and an ETF of mining companies is GDX. There are also some more complex alternatives like Exchange traded notes and futures contracts, but I wouldn't classify those for the \"\"regular person.\"\"  Hope it helps!\""}
{"_id": "538238", "title": "", "text": "I am in a similar situation (sw developer, immigrant waiting for green card, no debt, healthy, not sure if I will stay here forever, only son of aging parents). I am contributing to my 401k to max my employer contribution (which is 3.5%, you should find that out from your HR).  I don't have any specific financial goal in my mind, so beside an emergency fund (I was recommended to have at least 6 months worth of salary in cash) I am stashing away 10% of my income which I invest with a notorious robot-adviser. The rate is 80% stocks, 20% bonds, as I don't plan to use those funds anytime soon. Should I go back to my country, I will bring with me (or transfer) the cash, and leave my investments here. The 401K will keep growing and so the investments, and perhaps I will be able to retire earlier than expected. It's quite vague I know, but in the situation we are, it's hard to make definite plans."}
{"_id": "538239", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.politico.com/story/2017/09/04/summer-employers-trump-guest-worker-visas-immigration-242271) reduced by 91%. (I'm a bot) ***** &gt; President Donald Trump&amp;#039;s harsh criticism of immigration programs and Congress&amp;#039; refusal to lift a cap on work visas meant many seasonal businesses had to hire American this summer - and pay their workers more.  &gt; &amp;quot;Widespread abuse in our immigration system is allowing American workers of all backgrounds to be replaced by workers brought in from other countries to fill the same job for sometimes less pay,&amp;quot; he told workers in Wisconsin in April.  &gt; The Trump administration hasn&amp;#039;t moved specifically against the visas for summer workers - known as H-2Bs. His own companies use H-2B workers, especially at his Mar-a-Lago resort, which recently requested H-2B visas for 70 cooks, housekeepers and servers to start in October.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6y8tu8/businesses_forced_to_hire_american_citizens/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~204758 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **H-2B**^#2 **wage**^#3 **visa**^#4 **job**^#5\""}
{"_id": "538241", "title": "", "text": "&gt;We're supplementing their workers' food budgets and medical budgets. That is money that ought to be coming out of Walmart's pocket.  They are not forced to work there. It is really their choice. They also have the ability to supplement their own budgets by working more, or at another company. This is a choice, and the safety nets that the taxpayer subsidizes are supporting these choices, and are not a DIRECT support for Walmart. People have free will. If you can't understand this, then we may as well stop the argument right here.  &gt;Listen, everybody who doesn't come from money is forced to work. Unless you don't mind living outside without medical care, fresh food or family. If you happen to have poor access to education or failed to achieve for some reason then you're forced to take what you can get.  I grew up poor. Government housing, foodstamps, the works. I find it amusing that the majority of people who want to argue about this type of topic with me actually come from a much more well-off situation than me, and then want to make it sound like they know what they are talking about. I never blamed low paying companies for my situation. My parents could have and should have worked harder. And the same goes for many of my poor friends growing up. I see human beings as powerful, amazing things, not victims who are helpless to the whims of others.  &gt;If that job doesn't offer a living wage than you'll have to pick up a few extra shifts or another job altogether.  This is my point exactly!! It's just reality, folks. I'm in that situation myself right now, but I'm not blaming a business owner for trying to make money themselves. Sometimes you're given a shitty situation, life has dealt you a shitty hand, and you have to find your way out of it. It's hard, but sometimes that's life.  &gt;Let's talk about the one that you espouse where high school dropouts get to negotiate with corporations for a living wage and if it doesn't work out that's just fine -- after all nobody is forcing them to take a job.  I don't remember saying high school dropouts get to negotiate for a living wage. I'm pretty sure I said I support *legislation* that will *force* these corporations to pay a living wage. Please don't put words in my mouth.  &gt;People shouldn't have to work more than 40 hours a week just to put food on the table or pay their medical bills.  I agree. I think the government (subsidized by taxpayers, obviously) should provide 100% free medical care to it's citizens. This shouldn't be an issue about a company not paying enough to support an entire family. A greeter at Walmart was never supposed to be able to feed a family of five, sorry, and it's never been that way in the past. Some jobs are not meant to be high paying, and shouldn't be. But I do support universal healthcare, and at least a living wage (enough to support oneself in one's city)."}
{"_id": "538255", "title": "", "text": "ING Direct does this. Also, have you heard of Mvelopes?  It's a subscription-based service, but it's pretty simple to use, and it lets you have as many envelopes as you want.  You're not limited to five."}
{"_id": "538258", "title": "", "text": "well there are many papers on power spot price prediction, for example. It depends on what level of methodology you would like to use. Linear regression is one of the basic steps, then you can continue with more advanced options. I'm a phd student studying modelling the energy price (electricity, gas, oil) as stochastic process. Regarding to your questions: 1. mildly speaking, it's really hard, due to its random nature! (http://www.dataversity.net/is-there-such-a-thing-as-predictive-analytics/)  2. well, i would ask what kind of measure of success you mean? what level of predicted interval one could find successful enough? 3. would you like me to send you some of the math-based papers on? 4. as i know, the method is to fully capture all main characteristics of the price. If it's daily power price, then these are mean-reversion effect, high volatility, spike, seasonality (weekly, monthly, yearly).  Would you tell me what kind of method you're using? Maybe we can discuss some shared ideas? Anna"}
{"_id": "538260", "title": "", "text": "What's your basis? If you have just made a 50% gain, maybe you should cash out a portion and hold the rest. Don't be greedy, but don't pass up an opportunity either."}
{"_id": "538262", "title": "", "text": "FINRA defines institutional investors as:   Institutional investors include banks, savings and loan associations, insurance companies, registered investment companies, registered investment advisors, a person or entity with assets of at least $50 million, government entities, employee benefit plans and qualified plans with at least 100 participants, FINRA member firms and registered persons, and a person acting solely on behalf of an institutional investor.  From: http://www.finra.org/industry/issues/faq-advertising  Based on Rules 2210(a)(4) and 4512(c).  Institutional investors are expected to understand market risks and as a result, disclosure requirements are much lower (perhaps no SEC filings and no prospectus)."}
{"_id": "538263", "title": "", "text": "The chickens don't get a say in how KFC is run, they just turn up and are fed for a while. Quite morbid but that's the situation.  Businesses are the people who decide to even use Equifax, and on this whole disaster no one has said anything or come out in support of your Congress sorting it out.   I really do worry for America and the world, because unfortunately America seems to keep being on the forefront of these practices. What ever goes in America is soon hailed as success and fed to other countries.  But it's madder still because you guys keep lobbying new gun laws so you can keep the right to bare arms against an oppressive state!"}
{"_id": "538265", "title": "", "text": "Serious answer: If 7 banks owned the vast majority of houses for sale -- that is, on their balance sheet, at the peak of the housing bubble -- there would be. These 7 LCD companies produced the majority of LCDs globally. Real estate is far more decentralized, and in many times the bank merely provided financing for a third-party sale (from the builder, from any one of a hundred or so real estate companies, etc).  (But I am assuming you probably weren't looking for a factual answer, anyway.)"}
{"_id": "538269", "title": "", "text": "Some combination of the following  1. Executioner, warden, police, lawyer: Make sure the convicted are terminated or sanctioned in accordance with existing policy, both internal and external. Enforce compliance.  2. Chaplain, therapist: Work with management to ensure you're spiritually and emotionally capable of continuing to do the work you're given.  3. School administrator: Figure out ways to develop either specific employees or the general population for more advanced work.  4. Utopian reformer: Turn the organization into the type of touchy-feely paradise in which nobody is at each other's throats.  ...some focus more on one aspect that another. Sometimes they simply don't have the time to do everything they want to do - other times they are not given the authority to do so..."}
{"_id": "538278", "title": "", "text": "\"A title such as \"\"5% Treasury Gilt 2020\"\" expresses the nominal yield.  In other words, 5% is the yield you will receive if you are able to buy the Gilt at the nominal (issue) price of GBP100. Of course, you will not be able to buy such a Gilt in today's market for the nominal price of GBP100.  It will be trading at a considerable premium and therefore, if you hold it until maturity you will realise a capital loss to offset the relatively high income you have received. Here is an example.  The \"\"8% June 2021 Gilt\"\" has a coupon of 8%.  To purchase a GBP100 nominal Gilt in today's market will cost you GBP135.89.  Thus, you will pay 135.89 to receive GBP8.00 income annually.  This represents a 5.88% yield (8/135.89 = 5.88%).  That sounds pretty good.  However, if you hold the Gilt until maturity you will only receive GBP100 on redemption and therefore you will experience a capital loss GBP35.89 on each Gilt purchased.  When this capital loss is taken into account it means that the 5.88% yield you are receiving as income will be offset by the capital loss so that you have earned the equivalent of 0.757% annually.  You can of course sell the Gilt before its 2021 maturity date, however as the maturity date gets closer the market price will get closer to the GBP100 nominal value and you will again face a capital loss.  There's no free ride in the markets.  5 year Gilts currently have a redemption yield of about 0.75%, while 10 year Gilts currently have a redemption yield of about 1.15%. You may also wish to note that buying Gilts in the open market requires a minimum purchase of GBP10,000 nominal value.  However, you can purchase small Gilt holdings through the post office.\""}
{"_id": "538282", "title": "", "text": "If you plan on holding the money for 15 years, until your daughter turns 21, then advanced algebra tells me she is 6 years old. I think the real question is, what do you intend for your daughter to get out of this?  If you want her to get a real return on her money, Mike Haskel has laid out the information to get you started deciding on that. But at 6, is part of the goal also teaching her about financial stewardship, principles of saving, etc.? If so, consider the following: When the money was physically held in the piggy bank, your daughter had theoretical control over it. She was exercising restraint, for delayed gratification (even if she did not really understand that yet, and even if she really didn't understand money / didn't know what she would do with it). By taking this money and putting it away for her, you are taking her out of the decision making - unless you plan on giving her access to the account, letting her decide when to take it out.  Still, you could talk her through what you're doing, and ask her how she feels about it. But perhaps she is too young to understand what committing the money away until 21 really means. And if, for example, she wants to buy a bike when she is 10, do you want her to see the fruits of her saved money? Finally, consider that if you (or you & your daughter, depending on whether you want her to help in the decision) decide to put the money in a financial institution in some manner, the risk you are taking on may need to be part of the lesson for her. If you want to teach the general principles of saving, then putting it in bonds/CD's/Savings etc., may be sufficient, even if inflation lowers the value of the money. If you want to teach principles of investing, then perhaps consider waiting until she can understand why you are doing that. To a kid, I think the principles of saving & delayed gratification can be taught, but the principles of assuming risk for greater reward, is a bit more complex."}
{"_id": "538285", "title": "", "text": "\"At some point isn't it counter-productive to slap warnings on so many products that have an unproven correlation with increased cancer risk?    Where do you stop? Grilling food increases carcinogenic compounds in food. Does California need warning labels on grills?  Once there are enough warning labels they'll just get ignored, defeating the original purpose. Has your mattress warning label really made you more cautious about potential fire hazards?   While I don't know if RoundUp really increases cancer risk  (I'm inclined to doubt it given the last couple decades of 'human trials\"\" and no clear science based evidence that I'm aware of) I do know that crying wolf is the best way to condition people to ignore serious warnings about real risks.\""}
{"_id": "538296", "title": "", "text": "They were given major tax breaks to make the move as well as leeway with the construction of their HQ. Boston is a hub of education and talent. CT has a talent pool yes, but Boston offers much much mpre. Especially if they're striving to be an innovative tech company"}
{"_id": "538328", "title": "", "text": "Weren't these fuckers just given 120 billion euros? At this point they should probably stop fueling this shit and just let them burn. European tax payers aren't the only ones dealing with this. The American Federal Reserve is lending money to the banks and the ECB to help with this. I don't want to pay for ailing banks in my own goddamn country, let alone those on the other side of the world in a country I may never visit."}
{"_id": "538349", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.ubs.com/microsites/intellectual-capital/en/articles/2017/employer-tech-bill.html) reduced by 90%. (I'm a bot) ***** &gt; At the same time that computer-based transactions are rising in importance, US companies are dedicating less and less of their investment spending to computers.  &gt; Instead, an increasingly large share of investment spending is being dedicated to non-technology investment.  &gt; If companies rely on employees to provide some of the technology they need to do their jobs, then distinguishing investment from consumer spending becomes less helpful.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z7etk/why_you_may_be_footing_your_employers_tech_bill/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207429 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **investment**^#1 **spend**^#2 **company**^#3 **data**^#4 **technology**^#5\""}
{"_id": "538352", "title": "", "text": "That makes sense.  So it's sort of a thoughtless process on a short time scale, but if you add up all that noise over time you could (potentially) end up with a more meaningful position than if you had valued and bet on each stock individually.  And I could see how these things could spread along a chain to unrelated stocks as well..."}
{"_id": "538353", "title": "", "text": "How much debt do you have?  Do you have a mortgage?  Car loans?  At the very least depending on your state 25k will be subtracted So you're left with 75k  Let me know so we can make that money work for you"}
{"_id": "538361", "title": "", "text": "\"To be honest, why haven't startups taken advantage of Uber's shitty image to launch \"\"ethical\"\" uber taxi services?  I love Uber's service, but i'd be ready to pay 50% extra on a ride if i know the drivers are paid right and the company holds a good vision.\""}
{"_id": "538375", "title": "", "text": "Depending on the product, A/C is necissary.  For example, many phones use a glue on the screen that will break down if exposed to heat for a period of time.  Many cheaper silicone and rubber products also don't fare well.  If Amazon constantly has issues with that, not only would they deal with large numbers of returns, but would be known for low quality."}
{"_id": "538384", "title": "", "text": "I work at a large bank, that isn't too unusual although a lot of banks are moving to fee-free basic accounts and upping their fees on other specific transactions. For example, my bank did away with minimum balance requirements to waive a monthly service fee, but we started charging $2/month for paper statements and upped our out-of-network ATM fee by 50 cents.  Would like to point out that most financial institutions will reorder your transactions slightly for the purposes of accounting. It is much easier to run all transactions in big batches at the end of the day than individually as they come in. Required disclosures you receive upon account opening explain the exact order but most banks do all credits (money in) first and then debits (money out) like checks, debit cards, and ACH payments after. If you overdraft you can usually avoid a fee if you make a cash deposit before the end of the business day as the cash will go into your account before your purchases are debited.  OCCASIONALLY this accounting-based reordering will result in additional fees but that is not the intended purpose of reordering them. And I would always refund any incurred fees that happened due to accounting-based transaction reordering.   What Wells Fargo is doing has been illegal since 2008 and their continued appeals are hoping to get the ruling overturned so they won't have to pay out restitution to affected customers. It's frankly despicable."}
{"_id": "538396", "title": "", "text": "\"NASDAQ OMX Group owns NASDAQ, a stock exchange. It is a corporation, and is listed on the NASDAQ as NDAQ. It makes money by: source NASDAQ also charges for market data services, found in the NASDAQ \"\"Datastore\"\". Other information about the fees charged by NYSE and NASDAQ may be found in the Investopedia article The NYSE And Nasdaq: How They Work.\""}
{"_id": "538400", "title": "", "text": "Oh god! The title was he closes in on something he doesn't want - More money than any one person, especially someone as famously frugal as Mr Buffet, could spend on a lifetime.   Hence, why not do something that would have an incredibly positive impact on an entire generation.  Again, I didn't think it was that difficult of a concept."}
{"_id": "538410", "title": "", "text": "Lazy man's budget.  Four separate accounts for timing of expenses: short (monthly; utilities etc.), medium (quarterly+; property taxes), long (yearly+; house improvements) and retirement.   Set target levels for each account, to cover 1 full cycle.  The short target is smallest; it should comfortably cover a month.  For me each target is about 10x larger than the last.  (Cycles & targets for a homeowner w/ family; YMMV).   All income goes in short term.  When an account gets above target level, the excess gets swept up to the next longer term account.  That's all I keep firm track of; takes just a few minutes a month. Watching the account balances vs. their targets (and how short some of them are of target) keeps me focused on spending, and thinking about how much I can sweep (or can't) next paycheck."}
{"_id": "538437", "title": "", "text": "it conveys professionalism and a businesslike attitude.  it probably is a silly thing to be bothered about but compare somebody dressed in a suit, with a smart conservative haircut, well groomed etc to mark zuckerburg in a hoody looking like a sulking man-child who needs his mommy to dress him. who would you want to do business with?  if it looked like he could barely dress himself, what faith would that give you in the fact that he is able to run a multi-billion dollar company?  edit: and a downvote why exactly?"}
{"_id": "538443", "title": "", "text": "&gt; I've read in the WSJ a number of times that finance is unsurprisingly moving in a more intellectual direction, so i feel having this license in the long run may really pay off.  Intellectual as in becoming more and more dominated by PhD and academia based backgrounds."}
{"_id": "538457", "title": "", "text": "\"What you are looking for is the \"\"debt maturity profile\"\" (to make it easier to google. Most countries continuously roll over their debt, in effect just paying interest forever. So when your debt is due, you issue another loan for the same amount and use the new loan to pay off the old one.\""}
{"_id": "538462", "title": "", "text": "Assuming that the conversion was completely non-taxable (i.e. your Traditional IRA was 100% basis), then the converted money can be taken out at any time whatsoever (no 5 year or age stuff), without tax or penalty, similar to directly contributed money. For withdrawing conversions and rollovers within 5 years of the conversion or rollover, the penalty only applies to the part of the conversion or rollover that was taxable. Since in this case the conversion was completely non-taxable, there is no penalty on the withdrawal. However, note that the ordering of the conversion money is not the same as for contribution money, and this may be significant in some cases. When you take money out of Roth IRA, it goes 1) contributions, 2) rollovers and conversions, and 3) earnings. However, money within (2) is then further divided by year, with rollovers and contributions for earlier years ordered before rollovers and contributions for later years, and then within each year, the taxable rollover and conversion money are ordered first, before the non-taxable money. So what does that mean? Well, suppose you made a Roth IRA conversion that was taxable one year, and then the next year you make a contribution. If you withdraw a little bit, it comes from the contribution which is ordered first, which means no penalty. Now suppose in that second year you had a backdoor Roth IRA contribution instead of a regular contribution. If you withdraw, the first year's conversion is ordered first, and since it's within 5 years, there's a penalty. It's still true that withdrawing the backdoor Roth IRA has no penalty; but, you don't get to that money until you finish the other one. If you've never made a taxable conversion before, then this issue doesn't exist."}
{"_id": "538470", "title": "", "text": "Technically he isn't in charge of it. But that's part of the problem.   You only have a chance of enacting meaningful political and social change and progress if you run on a platform of strong ideas that enjoy broad popular support, AND those ideas are actually good ones that solve real world problems without creating too many new ones, AND you have a team in place quickly that is competent, skilled and capable of deploying your agenda efficiently.   Trump has none of those."}
{"_id": "538490", "title": "", "text": "An equity tax does seem to make some sense. It would probably help to stave off deflation as well because it would encourage growth and investment where people would otherwise choose to sit on their money or worse.  An equity tax on currency or liquid investments of even .5% APR would have a huge effect on the behavior of corporations. Sadly the largest of them would have the resources to avoid the tax by keeping all of their money out of the country."}
{"_id": "538498", "title": "", "text": "\"Chance favors the prepared mind - Einstein   That being said, I liken it to a poker analogy. To win at poker you must play. To play you must already have something to put on the table. If you are betting your entire existence at every hand because you started poor you *can* win but it is far less likely to happen. You will make illogical decisions due to the fear or being destroyed. It's like how walking across a tightrope is easy when it is 6\"\" above the ground, but not 600 feet above the ground.   Also, in the beggining of life there is a good chance you will flame out or mess up a few times. Rich kids can do this as much as they need to, over and over again, to learn and get their feet under them. Poor kids generally get one chance and if anything goes wrong it's back to the factory to work for several more years to save up money again.   I believe they are calling this growing class of young people on the edge the \"\"precariat\"\".\""}
{"_id": "538505", "title": "", "text": "I skimmed the answer from mirage007, and it looked correct if you're going to set this up from scratch.  Since you said you already have a system for tracking stocks, however, maybe you'd prefer to use that.  It should handle almost everything you need: Note that only the last of these actually ties the option and the underlying together in your accounting system.  Other than that case, the option behaves in your accounting system as if it were a stock. (It does not behave that way in the market, but you need to manage that risk profile outside of the double-entry accounting system.)"}
{"_id": "538511", "title": "", "text": "The end point of autonomous cars is not to own one at all. Why would you have a $35,000 hunk of metal sitting in a car park 90% of the day, when you could just subscribe to an automated car service?  Even cheaper than that, an automated minibus service that auto-generates routes based on demand?  The only reason we don't do it already is because of the relatively high price of an Uber with a human driver, and the lack of privacy from having a human driver in there with you."}
{"_id": "538518", "title": "", "text": "\"I am not familiar with this broker, but I believe this is what is going on: When entering combination orders (in this case the purchase of stocks and the writing of a call), it does not make sense to set a limit price on the two \"\"legs\"\" of the order separately. In that case it may be possible that one order gets executed, but the other not, for example. Instead you can specify the total amount you are willing to pay (net debit) or receive (net credit) per item. For this particular choice of a \"\"buy and write\"\" strategy, a net credit does not make sense as JoeTaxpayer has explained. Hence if you would choose this option, the order would never get executed. For some combinations of options it does make sense however. It is perhaps also good to see where the max gain numbers come from. In the first case, the gain would be maximal if the stock rises to the strike of the call or higher. In that case you would be payed out $2,50 * 100 = $250, but you have paid $1,41*100 for the combination, hence this leaves a profit of $109 (disregarding transaction fees). In the other case you would have been paid $1,41 for the position. Hence in that case the total profit would be ($1,41+$2,50)*100 = $391. But as said, such an order would not be executed. By the way, note that in your screenshot the bid is at 0, so writing a call would not earn you anything at all.\""}
{"_id": "538527", "title": "", "text": "I had Amazon Prime for 3 years.  And I just stopped it at its renewal at the end of the month.  I don't own a Kindle or a Fire Phone or a Fire TV and I feel like all their services are getting geared to the people that do.  Android support for instant video? Nope!  Chromecast Support for instant video? Nope! They want you to buy their devices in order to take advantage of their features and I think that sucks.  Nothing against kindles or Fire Products I'm sure they work great.  I just don't have one or know anyone who does...  So why make me buy one in order to use something I'm paying for.  That an also the increase from $80 to $100 finally did it for me.   I'm not going to lie I'm gonna miss the free 2 day shipping but I guess I'll just have to have order over $35 to place orders from now on."}
{"_id": "538537", "title": "", "text": "\"If you read the first sentence of the article, you'll notice that the orders were placed, then canceled.  The only reason this is done is to front run real incoming orders and get in.    \"\"Translation: the ultimate goal of many of these programs is to gum up the system so it slows down the quote feed to others and allows the computer traders (with their co-located servers at the exchanges) to gain a money-making arbitrage opportunity.\"\"  If you are an investor without access to floor space within 3 meters of the exchange computer to place a computer of your own, you are being  defrauded of the true market price by this machine.\""}
{"_id": "538551", "title": "", "text": "The way to do this is to make your best offer and let the seller and his/her agent do the negotiation between them. If you try to build in the discount in your offer, you will come across as cheap."}
{"_id": "538552", "title": "", "text": "Actually it is possible that it came from nowhere - the government could simply have printed it, just like the Zimbabwian government did when they were in need of cash.   Of course, you really don't want you're government to do that because it's one way to drive your economy straight into the ground with inflation..."}
{"_id": "538566", "title": "", "text": "\"He looks like a bitter old fucking Scrooge. Also his argument is complete bullshit. \"\"I'm going to be taxed on what I am earning so I will have no choice but to make it even worse on myself by choosing to reduce the size of my business so that I earn less.\"\" - yeah sure.  \"\"You see, I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities. If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about. \"\"  Here's the part he doesn't seem to get : someone will be three seconds behind your ass and take all the business you walked away from - don't let the door hit you in the ass on the way out.\""}
{"_id": "538567", "title": "", "text": "Do we even control the Capital of Afghanistan if aircraft have to provide air support in the Fucking Capital and kill Civilians.  Why has that Orange buffoon got sucked into this when he campaigned on exiting this stupid war?"}
{"_id": "538580", "title": "", "text": "If you plan to take profit at $1.00 then your profit will be $40. Then, if you set your stop at $0.88 then your loss if you get stopped will be $20.  So your Reward : Risk = 2:1.  Note, that this does not take into account brokerage in and out and any slippage from the price gapping past your stop loss."}
{"_id": "538582", "title": "", "text": "Andrew Lilico has a likely scenario for when Greece defaults on its sovereign debt: What happens when Greece defaults.   Here are a few things: Every bank in Greece will instantly go insolvent. The Greek government will nationalise every bank in Greece. The Greek government will forbid withdrawals from Greek banks. To prevent Greek depositors from rioting on the streets,   Argentina-2002-style (when the   Argentinian president had to flee by   helicopter from the roof of the   presidential palace to evade a mob of   such depositors), the Greek government   will declare a curfew, perhaps even   general martial law. Greece will redenominate all its debts into \u201cNew Drachmas\u201d or whatever   it calls the new currency (this is a   classic ploy of countries defaulting) The New Drachma will devalue by some 30-70 per cent (probably around 50 per   cent, though perhaps more),   effectively defaulting 0n 50 per cent   or more of all Greek euro-denominated   debts. As Megan McArdle says, there's more at the link, all depressing. I think you're focusing too much on Greece leaving the euro and not enough on why Greece would leave the euro. Greece would leave the euro precisely so that it could pay back its debt in a new currency worth less than valuable euros. The new currency will devalue, since that's the point of leaving. Along the way the government forces its citizens to take the new currency. The money they have in Greek banks will be converted to the new currency: The citizens don't have a choice to keep their euros."}
{"_id": "538586", "title": "", "text": "Exactly! I've been asked to buy a homeless man a burger at the Johnny Rockets by the House of Blues. I mean, we went just TWO BLOCKS away from the boardwalk once to hit a liquor store (because the boardwalk store had a 26 dollar 6-pack of Dos Equis), and I was scared for my life (granted we were walking at 11pm-ish). It's the ghetto."}
{"_id": "538603", "title": "", "text": "**United States Postal Service**  The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the United States federal government responsible for providing postal service in the United States. It is one of the few government agencies explicitly authorized by the United States Constitution.  The U.S. Mail traces its roots to 1775 during the Second Continental Congress, when Benjamin Franklin was appointed the first postmaster general. The Post Office Department was created in 1792 from Franklin's operation, elevated to a cabinet-level department in 1872, and transformed in 1971 into the U.S. Postal Service as an independent agency.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^| [^Donate](https://www.reddit.com/r/WikiTextBot/wiki/donate)   ^] ^Downvote ^to ^remove ^| ^v0.28"}
{"_id": "538607", "title": "", "text": "\"As others have said, if you don't have dependents, there's little need for life insurance. If you can't think of any obvious beneficiary for an insurance policy, than you probably don't need one. \"\"Dependents\"\" here should be understood broadly. It wouldn't necessarily be limited to wife and children. If you're the only support for your handicapped cousin, for example, you might want to provide for him. But I take it from your question that you have no such special case. Of course even if you have no dependents now, you might pick some up in the future. And if and when that does happen, your medical situation may have changed, making it difficult to get life insurance. But if you have no immediate plans so that any such even is likely to be far away, a serious alternative to consider would be to invest the money you would have paid in insurance premiums. Then if someday you do acquire dependents, you have a pot of money set aside to provide for them in case something happens to you. If it's not enough and you can get insurance at that time, then great, but if you can't get insurance, at least there's something. If you never do acquire dependents, you can consider that pot of money part of your retirement fund.\""}
{"_id": "538631", "title": "", "text": "Depends... The pricing models for exotics imo are decent because there is no alternative. So if you going to be trading exotics then you might as well go by these models. The desk VaR models aren't too bad either as long (a) Your portfolio is small (b) There aren't too many idiosyncratic factors.  I view quantitative risk management models like the models predicting the weather. You know that your model will work 80% of the time, especially on mundane stuff like temperature, cloudiness, etc. However, the 5% of the time, like predicting hurricanes, your model is going to be only a very rough guess. So you should not rely on models to save you from a crisis, which exactly the opposite of what the suits and the Feds think."}
{"_id": "538634", "title": "", "text": "As for when it's due - I don't know of any indicators of the top of my head. I'm sure you can find out with a bit of googlefu    As for when economics starts and finance ends it's hard to explain in simple terms.  Think about everything in an economy as 'acticity done by people'. Economics tries to study these activities (by governments, individuals and firms). It sounds like you're interested in this side more than the finance side so I'd highly recommend looking up Kahn academy videos in micro and macro economics.    Finance is sort of a study of the measure of economic activity (MEASURING the bonds the government's or firms issue etc).      Lastly I like listening to podcasts so it might be something you're interested in as well. Maybe check out some of the Bloomberg podcasts and others on the economy"}
{"_id": "538635", "title": "", "text": "Get all brands of laptop jack repair with warranty on repair services and parts. All the repair work is done in our service center with a good stock of spare parts within minimum time to give you back your unit the same day."}
{"_id": "538638", "title": "", "text": "The key question is this - What brings you happiness? How much is this behavior actually making you miserable?  It's possible, and important, to find balance between frugality and as you say, being a miser. It's also important to understand the diminishing return, and to value not just your hour of time but your happiness-hour. By this I mean there's a distinction between an hour arguing with a customer service rep and spending an hour on a project yourself. There are countless people who push a lawn mower around every Saturday even though they have the money to hire a mowing company. Fresh air, exercise, quiet time, for them it makes sense. We pick and choose.  The happy mower is in a good place. The miserable mower who hates doing it and just won't spend the money, not so much.  Frugal simply means not wasteful, but it can be misunderstood to mean cheap. When our brand of TP is on sale, I'll use coupons, and stock up. Unless you visited and peeked into a cabinet, all seems normal. A visit to a friend's summer home taught us the value of packing a few rolls for a weekend visit into the unknown. Her cheap brand was like sandpaper and every item in her house was a strange brand I'd never heard of, including food items well beyond expiration. She took cheap to a new level.  In the end, this question is less about finance than about psychology."}
{"_id": "538641", "title": "", "text": "My district wasn't a rich district. There were plenty of cheap houses, and I can't even think of a rich housing area in my district.   Besides, I was offering a different solutions from moving to an entirely new country. I'm pretty sure if you can afford to move to a new country, you can afford to move to a different district.  Also, you may disagree with this, but it is the parents that determine how well their kids do in school. As long as the child isn't fearing for his life, isn't worrying about going hungry, the teachers are doing the bare minimum, and the parents are involved in their kids school life, then the kid will do just fine in school."}
{"_id": "538642", "title": "", "text": "You would assume they've made mistakes, but you'd also not know every person's life and circumstance that has them in that situation. You don't know everyone's life, but there are situations that just aren't accounted for and people are left behind in these jobs that don't pay a living wage. Even if they've made no mistakes, there are people stuck.  They're stuck there and regardless of what choices they've made, do they deserve to live a life a squalor because an employer doesn't feel like paying them a wage that's enough for them to live off of? Should we let our system run business as usual when we know there are ways we can alter the system to make a real difference?   We can change things, just becsuse it's helped a lot of people over time doesn't mean that we can't continue to improve upon it.   This isn't a call to reward people for their decisioms, just a call to help those who've fallen not stay down their whole lives. As it is, we see generational poverty and a reduction in upward mobility for our people, why continue to allow it when we know helping them proves more beneficial for us all than what helping them costs us."}
{"_id": "538658", "title": "", "text": "Mr. John Hart, Business Development Manager Power Technologies at Dexmet Corporation, delivered the following presentation: \u201cValue Proposition for MicroGrid Expanded Metal Foil\u201d at the Hannover Messe Group Exhibit Hydrogen + Fuel Cells + Batteries held at Hannover Messe Exhibitions Grounds, Hanover, Germany.  For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "538659", "title": "", "text": "This is just terrible. Could you imagine owning a business in Michigan, and now you have to pay more than DOUBLE what you accrued for FUTA, and by the end of January, no less.   The states default, so the businesses have to pick up the slack."}
{"_id": "538673", "title": "", "text": "10-15% of the bat you want to keep liquid in a savings account with interest at 1.5% that best at the moment. In case of a real emergency.  Look in to dividend stocks they can bring in 10-15% on your investment and fairly liquid as well.  There's also rental properties but 40k isn't much room to move around with in that area."}
{"_id": "538677", "title": "", "text": "Can't I achieve the exact same effect and outcome by exchanging currency now and put that amount of USD in a bank account to gain some interest, then make the payment from one year from now? Sure, assuming that the company has the money now.  More commonly they don't have that cash now, but will earn it over the time period (presumably in Euros) and will make the large payment at some point in time.  Using a forward protects them from fluctuations in the exchange rate between now and then; otherwise they'd have to stow away USD over the year (which still exposes them to exchange rate fluctuations)."}
{"_id": "538681", "title": "", "text": "Omg, the answer is easy. Tell the TRUTH, and nothing is fraud. Down payment gifts are SOP's, and every lender works with that. EACH lender has their own rules. Fannie May and Freddie Mac could care less, and FHA and VA backed loans allow for full gifting unless the buyer's credit is below the standard 620, then 3.5% must come from the buyer. Standard bank loans want to know the source of the down payment for ONE REASON ONLY: to know if the buyer is taking ON A NEW DEBT! The only thing you will need do is sign a legal document stating the entire down payment is a gift.  That way the bank knows their lendee isn't owing a new substantial debt, and that there aren't two lenders on the house, because should she default, the bank will have to pay you back first off the resale. Get it? They just want to know how many hands are in the fire."}
{"_id": "538687", "title": "", "text": "If you didn't have deposits, then the growth rate is simply ((p1/p0)^(1/t))-1, where p0 is the initial balance, p1 is the current balance, and t is the number of periods. For example, suppose you started the account with $100,000 in 2000. It's now 2015 -- 15 years later -- and the balance is $240,000. So the growth is: If you're making regular deposits, especially if you're making deposits of unequal amounts, the problem becomes much more complex. The easiest thing to do is probably to create a spreadsheet. Make a column for principle, a column for deposit amount, and a column for percent growth that period. Assuming A is principle and B is deposit, then the formula for growth C is =((A2-A1-B1)/A1-1)*100. Copy this formula down the column and Excel should automatically adjust the row numbers. Assuming you put one row for each month you can see the growth (or loss) month by month. You can get a general idea of what your overall growth rate has been by taking the average of the monthly amounts, but this would not be a truly accurate measure of your total growth because presumably (hopefully) you have more money in the later months than the earlier months. But it would be a good measure of how your investments are doing."}
{"_id": "538690", "title": "", "text": "That might be what President Trump claimed (it isn't, he never said $100B *per year*), but [Slate says that it would've been a minimum of $6 billion by 2020](http://www.slate.com/blogs/moneybox/2017/06/02/president_trump_falsely_claims_the_u_s_spends_billions_and_billions_and.html).    The US gives out about [$42B per year in foreign aid](https://www.washingtonpost.com/graphics/world/which-countries-get-the-most-foreign-aid/), so $6B over 3 years to help poorer countries meet their emmision cutting targets doesn't seem to be something that would break the budget."}
{"_id": "538699", "title": "", "text": "\"It is the presupposition that makes this a rather ridiculous question. Makes me curious, would this be a civil or criminal crime? If you are convinced that this presupposition of illegality is a thing, talk to a lawyer. Yes, there may be consequences of doing any variety of actions while you owe the IRS, and while you do not owe the IRS. As an unincorporated business the IRS does not stop you from gaining an additional source of income to pay them with.  Perhaps lenders might not help you with capital. As an incorporated business no state is going to ask you if you \"\"owe back taxes\"\" before they allow you to pay them to register your business in their state. This isn't legal advice, I'm just assuming there is no legal advice to give based on your presupposition, to your original question, I'm going to go with no.\""}
{"_id": "538707", "title": "", "text": "Just ship using a reputable courier (definitely not Yodel or Hermes!) that requires and obtains a surname and signature which you can view on their website (Citylink, Parcel Force to name a couple). Then remember to submit the tracking details when you mark the item as shipped on eBay. If the buyer is still brazen enough to claim the item never arrived, Paypal (in my experience) don't even entertain their claim. If however they claim the item arrived damaged/not as described, it could be trickier to defend. I'd recommend thoroughly documenting your item with photographs and recording the serial number, just in case you need to provide the details to Paypal. Again, in my experience, this has been enough to protect me from any fraudulent claims. To answer your second question, I don't believe eBay permits you to specify 'No Paypal', but if they did then yes, bank transfer is 100% safe (short of someone using stolen money to pay for the item, in which case you'd be guilty of money laundering thanks to the UK's wonderful laws on such things...)"}
{"_id": "538723", "title": "", "text": "\"Matt Levine:  &gt;Also, though, I found it hard to imagine that those Equifax executives were consciously insider trading. It would just be too dumb. Equifax's press release reporting the breach says that it \"\"discovered the unauthorized access on July 29 of this year and acted immediately to stop the intrusion,\"\" though it didn't announce it until yesterday because it was still investigating. The three executives filed Form 4s reporting sales on Aug. 1 and 2, days after the discovery. You could just about imagine them learning of the security breach, panicking, and selling everything -- except that they didn't sell everything. One sold about 4 percent of his stock holdings, another about 9 percent, another about 13 percent. Why do such comically obvious insider trading if you're only selling a small percentage of your stock? And indeed the company explained that these executives \"\"had no knowledge that an intrusion had occurred at the time.\"\" I guess the time between \"\"tech person discovers a security breach\"\" and \"\"top executives discover it's a huge embarrassing crisis\"\" is more than a couple of days.  https://www.bloomberg.com/view/articles/2017-09-08/data-breaches-and-last-looks\""}
{"_id": "538727", "title": "", "text": "There are all sorts of topics in finance that take a lot of time to learn.  You have valuation (time value of money, capital asset pricing model, dividend discount model, etc.), financial statement analysis (ratio analysis, free cash flow &amp; discounted cash flow, etc.) , capital structure analysis(Modgliani &amp; Miller theories of capital structure, weighted average cost of capital, more CAPM, the likes), and portfolio management (asset allocation, security selection, integrates financial statement analysis + other fields like derivatives, fixed income, forex, and commodity markets) and all sorts.   My opinion of Investopedia is that there is a lot of wheat with the chaff.  I think articles/entries are just user-submitted and there are good gems in Investopedia but a lot of it only covers very basic concepts.  And you often don't know what you don't know, so you might come out with a weak understanding of something.    To begin, you need to understand TVM and why it works.  Time value of money is a critical concept of finance that I feel many people don't truly grasp and just understand you need some 'rate' to use for this formula.  Also, as a prereq, you should understand basics of accrual accounting (debits &amp; credits) and how the accounting system works.  Don't need to know things like asset retirement obligations, or anything fancy, just how accounting works and how things affect certain financial statements.  After that, I'd jump into CAPM and cost of capital.  Cost of capital is also a very misunderstood concept since schools often just give students the 'cost of capital' for math problems when in reality, it's not just an explicit number but more of a 'general feeling' in the environment.  Calculating cost of capital is actually often very tricky (market risk premium) and subjective, sometimes it's not (LIBOR based).    After that, you can build up on those basic concepts and start to do things like dividend discount models (basic theory underlying asset pricing models) and capital asset pricing models, which builds on the idea of cost of capital.    Then go into valuation.  Learn how to price equities, bonds, derivatives, etc.  For example, you have the dividend discount model with typical equities and perpetuities.  Fixed income has things like duration &amp; convexity to measure risk and analyze yield curves.  Derivatives, you have the Black-Scholes model and other 'derivatives' (heh) of that formula for calculating prices of options, futures, CDOs, etc.  Valuation is essentially taking the idea of TVM to the next logical step.  Then you can start delving into financial modelling.  Free cash flows, discounted cash flows, ratio analysis, pro forma projections.  Start small, use a structured problem that gives you some inputs and just do calculations.  Bonuses* would be ideas of capital structure (really not necessary for entry level positions) like the M&amp;M theorems on capital structure (debt vs equity), portfolio management (risk management, asset allocation, hedging, investment strategies like straddles, inverse floaters, etc), and knowledge of financial institutions and banking regulations (Basel accords, depository regulations, the Fed, etc.).    Once you gain an understanding of how this works, pick something out there and do a report on it.  Then you'll be left with a single 'word problem' that gives you nothing except a problem and tells you to find an answer.  You'll have to find all the inputs and give reasons why these inputs are sound and reasonable inputs for this analysis.    A big part that people don't understand about projections and analysis is that **inputs don't exist in plain sight**.  You have to make a lot of judgment calls when making these assumptions and it takes a lot of technical understanding to make a reasonable assumption--of which the results of your report highly depend on.  As a finance student, you get a taste for all of this.  I'm gonna say it's going to be hard to learn a lot of substantial info in 2 months, but I'm not exactly sure what big business expects out of their grunts.  You'll mostly be doing practical work like desk jockey business, data entry, and other labor-based jobs.  If you know what you're talking about, you can probably work up to something more specialized like underwriting or risk management or something else.   Source:  Finance degree but currently working towards starting a (finance related) company to draw on my programming background as well."}
{"_id": "538734", "title": "", "text": "I have an American Airlines VISA with miles that has no annual fee, but only because I request that they waive the fee each year. Word to the wise - they've never refused."}
{"_id": "538741", "title": "", "text": "I am aware of that. I assume that the company's weigh the risk of moving losing team merchandise ( at a marked down price by virtue of selling to a company which distributes in third world ) vs the reward of semi-exclusive or perhaps timed exclusive distribution of the winning team's merchandise (which should be in high demand).  Edit: I shouldnt specify those markets as third world because that may be a misnomer."}
{"_id": "538743", "title": "", "text": "\"There needs to be a buyer of the shares you are offering.  There are a lot of feature rich options for buying and selling.  I don't understand them all in depth, but for example on TD Ameritrade here are some of the order types \"\"Limit\"\", \"\"Market\"\", \"\"Stop Market\"\", \"\"Stop Limit\"\", \"\"Trailing Stop %\"\", \"\"Trailing Stop $\"\".  This web page will explain the different order types https://invest.ameritrade.com/cgi-bin/apps/u/PLoad?pagename=tutorial/orderTypes/overview.html Stock with a higher volume will allow your trade to execute faster, since there are more frequent trades than stocks with lower volume. (UPDATE: More specifically, not more frequent trades, but more shares changing hands.) I'm a bit of a noob myself, but that's what I understand.\""}
{"_id": "538750", "title": "", "text": "\"Many people assume that if the price of something is $10 and they have 1,000 of that thing, they should expect to be able to sell them for something around $10,000.  Such an assumption may hold much of the time, but it doesn't always.  Worse, the cases where it fails to hold are often those where it would be relied upon most heavily.  Such an assumption should thus be considered dangerous. In a liquid market, the quantity of a something that people would be willing to buy at something close to the market price will be large relative to the quantity that people would seek to sell in the short term.  If at some moment in time one person in the market was willing to immediately buy 500 shares at $9.98 and another was willing to immediately buy 750 at $9.97, someone seeking to sell 1,000 shares could immediately receive $997.50 for them (selling 500 to the first person and 500 to the second, who would then be ready to buy 250 more from the first person who was willing to sell for $9.97).  Such behavior would be in line with what many people's assumptions. In an illiquid market, however, the quantity of something that people would be willing to buy near market price could be surprisingly low.  This is more often a problem in the marketplace of things like collectibles than of stocks, but the same thing can happen in the stock market.  If there's one potential buyer for a stock who thinks it's overpriced but has potential and would be worth $9.50, but that person only has $950 to spend, and nobody else thinks the stock would be worth more than $0.02/share, then until people sold a total of 100 shares the price would be $9.50, but after that the price would drop instantly to $0.02.  There would be no \"\"cushioning\"\" of the fall.  If the person with 1,000 shares was first in line, he'd get to sell 100 shares for $950 to the aforementioned seller, but would be unable to get more than $18 for the remaining 900. A major danger with markets is that markets which are perceived as liquid attract people to the buying side, while those which are seen as illiquid repel people.  The danger in the latter is obvious (having people flee a seemingly-illiquid market will reduce its liquidity further) but the former is just as bad.  Having people flock to a market because of its perceived liquidity will increase its liquidity, but can also create a \"\"false price floor\"\", causing demand to appear much stronger than it actually is.  Unless real demand increases to match the false price floor, the people who buy at the higher price will never be able to recoup their investment.\""}
{"_id": "538784", "title": "", "text": "If I am interpreting the information in your post correctly, then you are completely correct that NYCERS is by no means worth it--there is no dilemma here.  In fact, I think NYCERS a worse deal than you are giving it credit for. NYCERS contribution costs you 6.2% of your TOTAL income because of the tax implication.  The value of contributing to it is only the difference between what you can earn there and what you would earn in your 403(b).  It's not clear whether that is even a positive number.  Even if it is, it is only some small percentage times your contribution amount, which is 4.5% of your total income.  The benefit of contributing to NYCERS is minuscule or even nonexistent.  There is no way on earth that it makes up for your tax loss. Remember, the 5% interest you get in NYCERS (is that annually or total?) is compensation for the time value of money.  It's not as valuable as an immediate 5% gain on your contributions and nothing near as valuable as a 5% increase in your income.  If you keep your money out of NYCERS then you can earn capital gains on it elsewhere, like in your 403(b) or in an IRA. When it comes to investing, legally avoiding taxes is pretty much always top priority.  Choosing among investments is also important, but not nearly as much.  In your case the answer seems quite clear.  Stop contributing to NYCERS immediately."}
{"_id": "538787", "title": "", "text": "I'm using iBank on my Mac here and that definitely supports different currencies and is also supposed to be able to track investments (I haven't used it to track investments yet, hence the 'supposed to' caveat)."}
{"_id": "538788", "title": "", "text": "\"&gt;Exactly right. \"\"Tax incentives\"\" do not mean that the state is giving Apple a trunk full of cash.  This is NOT strictly true.  If the area has (and I am fairly certain it does) [\"\"tax incremental financing\"\"](http://en.wikipedia.org/wiki/Tax_increment_financing) then a lot of the underlying costs of bringing facilities to an area -- costs associated with road construction, utility changes, etc -- are funded via municipal bonds and other taxpayer-based financing (which of course the companies that are part of these \"\"deals\"\" are given a multi-year pass on paying).\""}
{"_id": "538795", "title": "", "text": "Lots of bloomberg vids posted on dailymotion.com have interviews with Blackrock analysts.   Looked Blackrock up in wiki. Amazing size:  The company acquired Barclays Global Investors in December 2009, solidifying its position as the largest investment manager in the world.[3] As of June 2011, ***the company has over $3.65 trillion in assets under management.***"}
{"_id": "538814", "title": "", "text": "&gt; It\u2019s like an octopus spreading its tentacles across different markets  ..until Amazon is the dominating company by far in each of these market segments and basically defines industry standards that especially smaller companies cannot compete with due to lack of resources and power. That makes Amazon a quasi monopoly."}
{"_id": "538816", "title": "", "text": "That is very true.  I should have used the qualifier that they basically only do domestic travel.  I have never tried to red-eye with them, but I guess they don't do it much, if at all.  However, if you have freedom, they are awesome due to their policies on:  * changing tickets (no fees, just fair difference and you keep the credit until you use it even when you buy the cheap fair),  * they don't fuck around with 24 hour cancellation policy (if you decide to cancel, no question/pressure, they just refund the money),   * [their rewards program is arguably the best if not one of the best](http://abcnews.go.com/Business/best-worst-frequent-flier-programs/story?id=13693563#.UIlyFK28FQI),  * they don't charge to check bags,   * **their boarding process get people on the plane in 15 mins instead of 30 or 45 mins** (my favorite part of SW after recently flying AA after like 10 consequitve SW flight),  * [they are the most on-time airline in the US](http://www.forbes.com/2010/02/18/americas-on-time-lifestyle-travel-tech-airlines-jet-blue-southwest.html),   * and they give away drink tickets like candy on halloween"}
{"_id": "538821", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.treasury.gov/press-center/press-releases/Pages/sm0132.aspx) reduced by 88%. (I'm a bot) ***** &gt; Washington - Today, the U.S. Department of the Treasury&amp;#039;s Office of Foreign Assets Control designated 13 current or former senior officials of the Venezuelan Government pursuant to Executive Order 13692, which authorizes sanctions against officials of the Government of Venezuela and others undermining democracy there.  &gt; Today&amp;#039;s designations focus on current and former officials of Venezuelan Government agencies associated with the elections or the undermining of democracy, as well as the government&amp;#039;s rampant violence against opposition protesters and its corruption.  &gt; The Government&amp;#039;s undermining of democracy in Venezuela has driven the people of Venezuela into the streets in protest, and the Maduro government has responded with repression and violence.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pqzi8/treasury_sanctions_13_current_and_former_senior/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~176339 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Venezuelan**^#1 **Venezuela**^#2 **Government**^#3 **former**^#4 **National**^#5\""}
{"_id": "538830", "title": "", "text": "This is probably the best, most concise and yet detailed answer to this oft-posed question I've seen on this sub. Have an upvote. Only thing I'd add is that HFs' comparatively more active approach creates a moat vs. mutual funds, which are seen as more long-term, passive investments. This means they can charge fees and have higher expense ratios (though obviously anyone in finance who has been conscious in the last five years knows that this is changing)"}
{"_id": "538840", "title": "", "text": "\"Doesn't higher prices mean higher wages for workers? Wouldn't this mean that workers would spend their extra income and in turn increase other people's incomes? Theoretically, if you want to justify low skilled immigration for \"\"cheaper\"\" goods, would not a slave economy be better than a free one? I'm just curious here\""}
{"_id": "538842", "title": "", "text": "I live in Asia, so yeah. LoL But I spend a lot of time traveling around as well. The media company produces content and develops content plans for a number of different customers. and we currently have a few big projects in the works over there."}
{"_id": "538843", "title": "", "text": "What you are doing is barter trade. Most countries [if not all] would tax this on assumed fair value. There are instances where countries may relax this norm in border areas for a small amount.   Barter is not just for gold \u2013 one can virtually do this for any goods, i.e. sell garments in exchange for oil, sell electronic chips in exchange for consumer goods, etc. Quite a few business would flourish doing this and not exchange currency at all, hence the need for government to tax on the [assumed / calculated / arrived/ derived] fair value. A word of caution: at times this may not be fair at all and may actually cost more than had one done a transaction using currency."}
{"_id": "538860", "title": "", "text": "The value of a company is totally different according to who buys it, why it buys it and why it buys it, so if you want to maximize the price, the quality and focus of the search is fundamental. FNBC Florida accumulates an immense experience advising on buy a business in florida of companies and uses a methodology aimed at maximizing the price. It is key to find, and to be interested in your company, the best buyers, those who can pay the most because they have more resources and because your company creates them more value."}
{"_id": "538881", "title": "", "text": "&gt; You might want to know a tad bit about tax code history before you start commenting on a post about taxes.  And hello to you, Mr. Pot.  &gt; Go google historical tax rates and revenue yields, it's pretty easy.  That will yield an incomplete picture if you don't also consider [the other changes to the tax code around that time](https://en.wikipedia.org/wiki/Reaganomics).  If you think this is easy, you don't know what you're talking about."}
{"_id": "538895", "title": "", "text": "Not always. You always consider economic factors in conjunction with each other rather than in isolation, which leads to weird assumptions. People spending isn't what you should look at always. When inflation is high, means government is spending. Government is spending on public projects, creating employment, increasing salaries, doling out loans. So you are putting money into the economy and into people's hands. Everybody will be spending, so it will also drive demand(Demand Pull inflation). But there are differences among economists regarding Cost push inflation, which is a dangerous phenomena. At the same time the interest rates, which are a monetary tool for central banks to increase(decrease) the money flow in the economy, are low. Under low interest rate conditions, businesses take loans to invest in projects. Because interest rates are low, people find it logical to spend now than spend later. As interest rates are low, there is an expectation that they cannot earn more in savings than investing in products which will generate benefits in the near term. These all goes on in cycles and after a period of inflation, you will see government taking action to rein in inflation. It will increase interest rates to suck money out of the economy. This is when people will curb spending, because they know they will earn a higher return while saving rather than investing."}
{"_id": "538898", "title": "", "text": "The Fed sets the overnight borrowing costs by setting its overnight target rate.  The markets determine the rates at which the treasury can borrow through the issuance of bonds. The Fed's actions will certainly influence the price of very short term bonds, but the Fed's influence on anything other than very short term bonds in the current environment is very muted. Currently, the most influential factor keeping bond prices high and yields low is the high demand for US treasuries coming from overseas governments and institutions.  This is being caused by two factors : sluggish growth in overseas economies and the ongoing strength of the US dollar.  With many European government bonds offering negative redemption yields, income investors see US yields as relatively attractive.  Those non-US economies which do not have negative bond yields either have near zero yields or large currency risks or both.  Political issues such as the survival of the Euro also weigh heavily on market perceptions of the current attractiveness of the US dollar.  Italian banks may be about to deliver a shock to the Eurozone, and the Spanish and French banks may not be far behind. Another factor is the continued threat of deflation.  Growth is slowing around the world which negatively effects demand.  Commodity prices remain depressed. Low growth and recession outside of the US translate into a prolonged period of near zero interest rates elsewhere together with renewed QE programmes in Europe, Japan, and possibly elsewhere.  This makes the US look relatively attractive and so there is huge demand for US dollars and bonds.  Any significant move in US interest rates risks driving to dollar ever higher which would be very negative for the future earning of US companies which rely on exports and foreign income.  All of this makes the market believe that the Fed's hands are tied and low bond yields are here for the foreseeable future.    Of course, even in the US growth is relatively slow and vulnerable to a loss of steam following a move in interest rates."}
{"_id": "538915", "title": "", "text": "\"Market price is just the bid or offer price of the last sell or buy order in the market. The price that you actually receive or pay will be the price that the person buying the stock off you or selling it to you will accept. If there are no other participants in the market to make up the other side of your order (i.e. to buy off you if you are selling or to sell to you if you are buying) the exchange pays large banks to be \"\"market makers\"\"; they fulfil your order using stocks that they don't want to either buy or sell just so that you get your order filled. When you place an order outside of market hours the order is kept on the broker's order books until the market reopens and then, at market opening time there is an opening \"\"auction\"\" at which orders are matched to opposing orders (i.e. each buy order will be matched with a sell) at a price determined by auction. You will not know what price the order was filled at until it has been filled. If you want to guarantee a price you can do so by placing a limit order that says not to pay more than a certain price for any unit of the stock.\""}
{"_id": "538922", "title": "", "text": "Yeah, I don't know about the other people here, but I'm not going to help you brainstorm how to trick this guy. You've not give us any reason to believe he's being dishonest.  &gt; He always puts emphasis on how much good he does for the company when he's just doing his job.  Maybe he's just looking for a pat on the back, who knows. It doesn't equal being a felon."}
{"_id": "538927", "title": "", "text": "\"They're certainly a factor.  Am I misunderstanding your comment?  The only way it seems to parse is if you're saying that a person who is \"\"earning 15K a year, no healthcare, little education, and living in poor neighborhoods ridden with theft and violence \"\" is not overweight, presumably for reasons at least related to the factors you gave as reasons.  But I don't see any obvious negative correlation between those things and obesity, which you appeared to be trying to claim.\""}
{"_id": "538928", "title": "", "text": "Scouting for a latest addition to your house however doesn\u2019t wish to reward across 1000 dollars for a latest couch? Then a bean bag footstools uk for adults is a best manner to go. The snooze sack is the lowest rates giant foam bags on web and they get upto eight feet in size!"}
{"_id": "538937", "title": "", "text": "\"So back in the day, DOS had different types of memory.  The first 640k was called \"\"conventional\"\" memory, and DOS made it available to everything, to use as they will.  After that was \"\"UMA\"\" (upper memory area) that ran from 640k to 1024k.  UMA was generally reserved for mapping various system devices to memory.  After that, ignoring some system stuff, there was \"\"expanded memory\"\" that went from 1024k to 4gig (you'll remember the Win98 max memory size was 4 gig?  This is why.) called \"\"expanded memory\"\".  In the 386, there was a various combination of device drivers, system features, and extremely clever programming that allowed the user to move most device drivers, and other \"\"system\"\" stuff into expanded memory so more of that first 640k is available.  DOOM was a huge game, at the time, and required almost all the 640K, so you would have to make a boot floppy (or a bunch of clever config.sys/autoexec.bat stuff) that would boot the system into almost bare minimum mode and run DOOM.    DOOM would fill up most of that 640K and then load up EMM386.exe, and get at that sweet expanded memory for loading assets and such.    If you had enough expanded memory, you could just punt all those drivers into expanded memory by default and still have enough left for Doom to load in that 640K *and* have enough expanded for the assets to load.\""}
{"_id": "538940", "title": "", "text": "\"**David F. Swensen**  David F. Swensen (born 1954) is an American investor, endowment fund manager, and philanthropist. He has been the chief investment officer at Yale University since 1985.  Swensen is responsible for managing and investing Yale's endowment assets and investment funds, which total $25.4 billion as of September 2016. He invented The Yale Model with Dean Takahashi, an application of the modern portfolio theory commonly known in the investing world as the \"\"Endowment Model.\"\" His investing philosophy has been dubbed the \"\"Swensen Approach\"\" and is unique in that it stresses allocation of capital in Treasury inflation protection securities, government bonds, real estate funds, emerging market stocks, domestic stocks, and developing world international equities.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "538950", "title": "", "text": "FTA: Here's where Apple would fall:  1. Japan: $1.1113 trillion 1. China: $1.1022 trillion 1. Ireland: $295.8 billion 1. Brazil: $269.7 billion 1. Cayman Islands: $266.1 billion 1. Switzerland: $239.5 billion 1. United Kingdom: $234.4 billion 1. Luxembourg: $207.7 billion 1. Hong Kong: $196.3 billion 1. Taiwan: $181.2 billion 1. Saudi Arabia: $134.0 billion 1. India: $127.3 billion 1. Russia: $108.7 billion 1. Singapore: $107.9 billion 1. Korea: $100.1 billion 1. Belgium: $98.7 billion 1. Canada: $80.2 billion 1. France: $74.4 billion 1. Germany: $68.3 billion 1. Thailand: $66.5 billion 1. Bermuda: $60.9 billion 1. United Arab Emirates: $60.5 billion 1. **Apple: $52.6 billion** 1. Netherlands: $52.2 billion 1. Turkey: $49.5 billion 1. Norway: $48.3 billion 1. Sweden: $40.8 billion 1. Mexico: $38.9 billion 1. Philippines: $38.2 billion 1. Spain: $38.2 billion 1. Australia: $37.0 billion 1. Italy: $35.6 billion 1. Poland: $35.0 billion 1. Kuwait: $31.6 billion 1. Israel: $30.9 billion   All other: $455.7 billion"}
{"_id": "538958", "title": "", "text": "\"The fact that women and elderly people work is actually bad for the economy: when half the population wasn't competing for labor, wages were higher. This isn't a gender thing, men could stay home-- it'd be cheaper than daycare, kids won't grow up institutionalized, could improve a house or raise livestock or something more productive than vacuous employment, etc.  You had to pay \"\"family men\"\" more than some guy with a kid across the country. By entering into labor competition, women drove down wages and fucked up a generation emotionally distant children.\""}
{"_id": "538964", "title": "", "text": "how the hell is businessinsider NOT included in this ban? That junky site constantly has completely outrageous headlines upvoted to the top over an over again, only to read the article and find out they have sensationalized and essentially re-written content from other sites."}
{"_id": "538974", "title": "", "text": "Yes, you idiots, keep clicking on those ad-filled blogs that cater to the ridiculous fear in you. There are some that have no problem making money in the fear-mongering industry and would love to see it grow--without a care of what damage it could cause."}
{"_id": "538975", "title": "", "text": "\"Read the book \"\"Bailout\"\". Holder and Geithner stopped investigations and the banks kept doing the same stupid/illegal stuff. Jez, they paid bonuses under Obama. The government had to take over the secondary mortgage market and pump in $5 trillion in QE and **still can't undo it**.\""}
{"_id": "538979", "title": "", "text": "On June 30 2015, the value of a key should be exactly the expected revenue from selling the chest contents, owing to the fact that the next day the keys become worthless.  Looking at the steam community market, it seems like the value of a key is higher than this, but lower than 2.50?  If that's true, then since the price of a key is higher than the expected revenue from selling the chest contents as you say, then you can see that at some point the value of a key will have to go down.  And as you get closer to the cutoff date, the price will fall faster.  It's not quite the same, but this pattern is usually what you see in the ticket resale market on say, StubHub.  If there's something about keys that keeps their worth above the expected value of selling chest contents (some value to the flexibility that keys offer over other tradable items maybe?), then in the short run that won't change due to this distant deadline, just because it's so far off.  People will still want the flexibility keys offer.  Orthodox economics might suggest sell sooner rather than later, but certainly don't wait too long.  Different people react differently though.  If there are a lot of panicky people who sell their keys after hearing this news, it might be a good time to buy.  Of course it's a gamble, but if you trust in whatever force keeps keys priced above the expected value of the loot they can buy, then that force should win out in the medium term and you could turn a profit."}
{"_id": "539007", "title": "", "text": "A credit card is essentially a contract where they will loan you money in an on demand basis.  It is not a contract for you to loan them money. The money that you have overpaid is generally treated as if it is a payment for a charge that you have made that has not been processed yet.  The bank can not treat that money as a deposit and thus leverage it make money them selves. You can open an account and get a debit card.  This would allow you to accrue interest for your deposit while using your money.  But if you find one willing to pay you 25% interest please share with the rest of us :)"}
{"_id": "539008", "title": "", "text": "I dont get people, i have my mortgage and that's it, 4% locked in for 10 years and dropping fast, my cousin, a couple months ago (since the rates are so low !!) refinanced her house to buy a brand new car. But she still is paying her old car, witch she traded in for the new one.  I dont get people."}
{"_id": "539021", "title": "", "text": "\"Note that even if you are limited to the HSAs your employer provides, you can still set up your own HSA with whatever trustee you want and periodically transfer the funds from your employer sponsored HSA to your own HSA: according to IRS pub 969 \"\"Contributions to an HSA\"\" section: Rollovers A rollover contribution is not included in your income, is not   deductible, and does not reduce your contribution limit. Archer MSAs and other HSAs.   You can roll over amounts from Archer   MSAs and other HSAs into an HSA. You do not have to be an eligible   individual to make a rollover contribution from your existing HSA to a   new HSA. Rollover contributions do not need to be in cash. Rollovers   are not subject to the annual contribution limits.   You must roll   over the amount within 60 days after the date of receipt. You can make   only one rollover contribution to an HSA during a 1-year period. Note. If you instruct the trustee of your HSA to transfer funds directly to   the trustee of another HSA, the transfer is not considered a rollover.   There is no limit on the number of these transfers. Do not include the   amount transferred in income, deduct it as a contribution, or include   it as a distribution on Form 8889. (italics mine) There may be minimums, opening, closing costs, etc. or whatever depending on each plan, but that's not limited by the IRS. So if you transfer the money yourself, you can only do it once per year, but there are no limits to when or how many times you can instruct the old HSA trustee to transfer funds directly to the new trustee. I also talked to the IRS today and they confirmed that you can have multiple HSA accounts as long as your total contributions don't exceed the yearly maximum (and from the quote above, transfers don't count as contributions).\""}
{"_id": "539040", "title": "", "text": "I never said I agreed with you. Nor does your experience line up with almost a decade of my own academic and teaching experience.  The higher education system is dysfunctional because it is trying to operate as a feeder institution for an industrial economy when we are clearly in a post-industrial economy that doesn't lend itself well to a 3 or 4 year bachelor program designed to turn people into technical specialists (accountants, engineers, lawyers, etc.).   College is absolutely designed to mold people for jobs, why else would businesses provide so many grants and scholarships to business schools? They expect academic institutions to produce workers that are ready to function without any on-the-job training.  Speaking from experience working in the consulting industry right now: I think there is a serious problem when liberal arts graduates in a business environment show more aptitude and willingness to learn and prove themselves than individuals who have specifically taken business-centric degrees, yet are constantly unable to think beyond the confines of what they were taught in school and refuse to open themselves up to different ways of thinking.  You would not believe how many lawyers and MBAs are unable to express themselves in writing, to the point where clients become upset because they can't understand what they are being told. The basics of education are no longer systematically taught to students."}
{"_id": "539052", "title": "", "text": "\"&gt; \"\"Following an internal review and an on-site visit with Equifax, the IRS believes the service Equifax provided does not pose a risk to IRS data or systems,\"\" the statement reads. \"\"At this time, we have seen no indications of tax fraud related to the Equifax breach, but we will continue to closely monitor the situation.\"\"  You mean the company that keeps lying, at a time when the tax season hasn't even started?\""}
{"_id": "539065", "title": "", "text": "\"That makes complete logical sense, this isn't a shutdown of cryptocurrency however.   If you look at Russia, they banned Bitcoin at one point. Now they have said it is not illegal, and are looking to regulate it. It's entirely possible that the law makers don't understand it yet but eventually will. When that time comes rules will come into play possibly/hopefully will benefit the majority.  The biggest factor playing against crypto right now is lack of understanding to the majority. Many people don't understand there is no security with an ICO, you have no guarantee of profit. They hear about the gains bitcoin is making and they get excited. There was an ad going around that literally said \"\"Missed the Bitcoin ICO? Don't miss this one\"\" or something along those lines. It is feeding off the uninformed.  China isn't trying to ban crypto(We're talking about a large group of people), they're preventing ICOs from continuing what they are doing. A lot of ICOs are complete scams/ponzi schemes that benefit a very small percentage. They didn't just ban bitcoin, they banned scamming people. It's better to create a fast ban and change a law later, then to continue to allow people to get screwed while we debate logistics.  Banning ICOs in my opinion is a step in the right direction and in no way should be seen as the start of the end.\""}
{"_id": "539073", "title": "", "text": "This is pretty shameless branded content by Forbes for UpWork.  \u201cBrand Voice\u201d should be called what it is, paid advertising.  I bet an agency has placed the post here too.  Anyone else noticing this or am I just being cynical?"}
{"_id": "539089", "title": "", "text": "Good Afternoon all,  My first time posting in this community as I am in need of some advice or insight into Bank Of America Merrill Lynch.  For my interview I have to prepare a 10 minute presentation with a further 10 minutes of questions afterwards. The presentation should consist of 3 points; 1) What do you see as BOAML\u2019s strengths and weaknesses over its competitors 2) Why do you want to work at BOAML and why have you chosen to apply for this particular division? (The role I am applying for is a Systems Operations Analyst role)  3) What are going to be the key challenges of joining BOAML? (I have never worked in the industry before-previous experience in catering and retail).  Mostly looking for advice on point one as I am finding research somewhat difficult to come buy in terms of products and services (mainly just different statistics at the moment)  Any advice would be greatly appreciated!"}
{"_id": "539100", "title": "", "text": "It won't happen, oil companies control the US Gov. as much as any of the other Oligarchic factions.  Every GOP politician is in their pockets and the Corporate Dems are as well.    The US is controlled by Big Oil, Big Pharma, the Banking Cartel, and the Military Industrial Complex (with a few other major players like the Media Cartel etc.), anything one of those leading factions opposes will not happen regardless of what the people want."}
{"_id": "539107", "title": "", "text": "You can find Wall Street Financial Analysts and Distinguished Research Professors of Economics to stake any position on the spectrum of economic theory from marxist to anarcho-capitalist. That is one of the ways that you can know that economics is not science. Physicists do not disagree about gravity.  History (and logic) show that when govt. raises taxes in aan uncertain economy that wealth will be stck into safe investments and if there is a threat of confiscation (and there will be), then wealth will hide."}
{"_id": "539112", "title": "", "text": "\"The specific \"\"State Pension\"\" plan you have linked to is provided by the government of the U.K. to workers resident there. More generally speaking, many countries provide some kind of basic worker's pension (or \"\"social security\"\") to residents.  In the United States, it is called (surprise!) \"\"Social Security\"\", and in Canada most of us call ours \"\"Canada Pension Plan\"\".  Such pensions are typically funded by payroll deductions distinct & separate from income tax deducted at source.  You can learn about the variety of social security programs around the world courtesy of the U.S. Social Security Administration's own survey. What those and many other government or state pensions have in common, and the term or concept that I think you are looking for, is that they are typically defined benefit type of plans.  A defined benefit or DB plan is where there is a promised (or \"\"defined\"\") benefit, i.e. a set lump sum amount (such as with a \"\"cash balance\"\" type of DB plan) or income per year in retirement (more typical). (Note: Defined benefit plans are not restricted to be offered by governments only. Many companies also offer DB plans to their employees, but DB plans in the private sector are becoming more rare due to the funding risk inherent in making such a long-term promise to employees.) Whereas a defined contribution or DC plan is one where employee and/or employer put money into a retirement account, the balance of which is invested in a selection of funds. Then, at retirement the resulting lump sum amount or annual income amounts (if the resulting balance is annuitized) are based on the performance of the investments selected. That is, with a DC plan, there is no promise of you getting either a set lump sum amount or a set amount of annual income at retirement!  The promise was up front, on how much money they would contribute.  So, the contributions are defined (often according to a matching contribution scheme), yet the resulting benefit itself is not defined (i.e. promised.) Summary: DB plans promise you the money (the benefit) you'll get at retirement. DC plans only promise you the money (the contributions) you get now.\""}
{"_id": "539117", "title": "", "text": "\"To futher elaborate on your point, if the exercises affect work directly as in help work get done, then they are useful.                  Also, I was basing my \"\"analysis\"\" of her based on *word choices* not her view. Please note I used negative views with differing word choices as counter examples and as a control of sorts in the original comment in my comparative analysis.\""}
{"_id": "539133", "title": "", "text": "There is some benefit to creating a corporation or LLC -- you theoretically have a liability shield. As Michael Pryor points out in his answer, though, there will probably be little difference if you get sued. Operating the corporation or LLC incurs some extra costs: you have to pay annual fees to the state, and there's a bit of extra administrative overhead (very little overhead for an LLC though)."}
{"_id": "539135", "title": "", "text": "The fastest way to start is to go the opposite way of how startups usually work.  Instead of inventing a market, find something that is getting commoditized online, and see if you can fit in that established market via either a price cut or a unique feature.  If done properly, you could start earning in less than 10-20 days."}
{"_id": "539159", "title": "", "text": "In order to be independent, people have to be able to go to school so they can get jobs. And they need more and more knowledge to get to that level. Thats a consequence of the growth in technology. Thirty years ago, anybody who could read and write, do simple math maintain their personal hygeine, and show up for work could get a job. Now its very different.   If you want to drop out of society, be my guest, move to Alaska or someplace and you wont have to deal with people. But if you live here, you have an obigation to involve yourself in society. If you don't don't blame others for outcomes you dont like, blame yourselves.  I'm just telling you, we all need to engage and figure out a way to move forward, OR in a very short time, we'll be a nation of 75% unemployed people with absolutely no prospects. Most of those people will be go getters who have every desire to work, *there just wont be anything they can do which somebody will pay them for*. machines will do all of that better and cheaper, or somebody else will get the job because they paid somebody off."}
{"_id": "539165", "title": "", "text": "It depends on the type of loan.  Fully amortized loans have a schedule of payments don't recalculate as you pay.  If you want to make an additional payment you need to contact the lender to apply your payment toward principle and reamortize the loan.  Otherwise all your additional payment will do is change the amount due on your next payment, or push out your next payment due date. Regarding interest calculation, you owe interest on the principle outstanding.  Say you have a 10 year loan (120 Months), at 5% APR, and a $1,000 payment (this means you borrowed roughly $94,000) Each month the amount of interest owed reduces because there is less principle outstanding.  The reason loans are amortized like this is so the borrower has a predictable, known, monthly amount due."}
{"_id": "539208", "title": "", "text": "Lucky you - here where I live that does not  work, you put money on the table year 1. Anyhow... You HAVE to account for inflation. THat is where the gain comes from. Not investment increase (value of item), but the rent goes higher, while your mortgage does not (you dont own more moeny in 3 years if you keep paying, but likely you take more rent). Over 5 or 10 years the difference may be significant. Also you pay back the mortgage - that is not free cash flow, but it is a growth in your capital base. Still, 1 flat does not make a lot ;) You need 10+, so go on earning more down payments."}
{"_id": "539226", "title": "", "text": "No ulterior motives?  You do seem to submit a lot of links to sites like io9, forbes, torrentfreak, theverge, etc. and submit the same article to multiple reddits.  Your links to, for example, theverge also began at the same time that I began seeing them submitted by other users, so I have always been suspicious of your posts."}
{"_id": "539244", "title": "", "text": "There's nothing new about Whole Life Insurance. The agent stands to earn a pretty hefty commission if he can sell it to you. I don't think your assets warrant using it for avoiding the taxes that would be due on a larger estate. I don't see a compelling reason to buy it."}
{"_id": "539251", "title": "", "text": "&gt; you're also signaling the value of tangible things like storage, weather, and transportation costs as well as intangibles such as future macroeconomic events, global policy decisions, etc.  To whom? I, as a buyer of the future, only get to know this from normal news, as can other people. Or is the assumption that I have a special source that not all people have access to, and hence when I buy the contract, other people think that I have some special information that they don't, and use this fact to then derive the prices of whatever?  Apologies if what I say makes no sense. I am a noob to finance. Please also provide some links for Price Discovery if you feel my understanding is wrong."}
{"_id": "539254", "title": "", "text": "Maybe it only counts those who are actually worthy of work for pay based on this new economic era. Those who over spent for what they thought they were worth or made poor choices are most likely the ones complaining or have princess syndrome"}
{"_id": "539263", "title": "", "text": "There are times when investing in an ETF is more convenient than a mutual fund. When you invest in a mutual fund, you often have an account directly with the mutual fund company, or you have an account with a mutual fund broker.  Mutual funds often have either a front end or back end load, which essentially gives you a penalty for jumping in and out of funds. ETFs are traded exactly like stocks, so there is inherently no load when buying or selling.  If you have a brokerage account and you want to move funds from a stock to a mutual fund, an ETF might be more convenient. With some accounts, an ETF allows you to invest in a fund that you would not be able to invest in otherwise.  For example, you might have a 401k account through your employer.  You might want to invest in a Vanguard mutual fund, but Vanguard funds are not available with your 401k.  If you have access to a brokerage account inside your 401k, you can invest in the Vanguard fund through the associated ETF. Another reason that you might choose an ETF over a mutual fund is if you want to try to short the fund."}
{"_id": "539272", "title": "", "text": "\"&gt; You can't claim this is government retribution  I didn't.  &gt; just because it's a big company or a \"\"government-sized\"\" action.  I'm saying I don't think non-government should be in the position to be able to do government-sized actions, at least not negative and targeted ones.  &gt; PayPal is not a utility.  The Internet is not yet a utility everywhere. Are petrol stations? Non-emergency medical care? (that last one may fall under some other must-serve definition).  Let's say the two ISPs in the US decide that since there's no net neutrality they'll throttle your business to 1 bit per week. Maybe because of your views. Maybe because you compete with them, it's their business and they don't have to justify it.  &gt; You're making incorrect comparisons.  I don't think that I am. OK, let's say all non-utilities are allowed to deny access based on political views of customers or other arbitrary things. What if all the paint stores decided that you are a horrible person, so you are not allowed to buy paint. Eventually your house rots because you need to repaint it every now and then, and now you're homeless. Seems unlikely that they all would do this, right? Oh, but when you look at PayPal and VISA/MasterCard, there's like one. Or two.  What if the quorum of bitcoin transactory things do it? It's not that many, as I understand it.  Denying legal use of money in a de facto monopoly is to me not morally better than denying legal use of money in a public utility monopoly.\""}
{"_id": "539281", "title": "", "text": "\"&gt; Or what if I change majors? You still have a stake on my lifetime income, but it won't be in the field you helped me into. So college-aged indecision would mean twice as much out of my take-home income for life?  How is that any different from now, when people can rack up huge student loan debt because of \"\"college-aged indecision\"\".  It could be set up so on a per year basis just as tuition currently is formatted.(eg. 1% of future income per term)    &gt; Or what if I'd like to buy your percentage back from you? What would be a fair price? Would there be a market to establish it?  Well the contract would probably have some sort of penalty just as paying off a mortgage contract early incurs a penalty.   &gt; But again; transactions costs. Think of six billion little corporations with all their vital stats and market data. Now imagine voting on the jobs and homes of the potentially hundreds of people in whom you have an interest. It would simply be impossible to keep track of.  I wasn't suggesting that each person be a corporation, I think you're confusing what I wrote with the novel you read.  I didn't suggest that the investors had voting rights in your life decisions.  It would be more along the lines of an extra tax you paid  (perhaps while filing your income tax).  Each person would have a different rate based on the amount of schooling they had.\""}
{"_id": "539285", "title": "", "text": "I have made a few contacts but generally we are hired precisely because the client doesn't want to take on full time staff.   I need to make some contacts in the hedge fund or the trading business  but I can't figure out how."}
{"_id": "539286", "title": "", "text": "While it makes a great sense to learn this amazing language, learning it is for sure not easy at all as long as you are not aware of the right source that can facilitate you with learning Chinese easily and efficiently."}
{"_id": "539287", "title": "", "text": "They start at a higher price and repairs are more expensive than with a standard car. From my experience, many luxury cars get too expensive to keep after about 10 years due to increased maintenance costs."}
{"_id": "539305", "title": "", "text": "Who actually supports these companies? I haven't seen a movie advertized that I'd pay to even rent the DVD in two years.   Stop going to shitty movies. Stop going to movies period. Maybe they'll not only stop this shit but start producing decent products too."}
{"_id": "539312", "title": "", "text": "How do you know it doesn't bring anything new to the table if you refuse to give it a second chance since it launched 7 or so years ago? They've added public transportation to major cities, interactive 3D maps, restaurant reservations in-app via OpenTable (for restaurants that support it), they will bring indoor maps to malls and airports in iOS 11, and I'm sure there are other things I'm missing.  Personally, I don't think I've ever really had issues using it, and has always gotten me to my destination."}
{"_id": "539317", "title": "", "text": "What's the primary factor keeping a consumer from handing out fees as liberally as corporations or small businesses do? Power. Can an individual, or more appropriately, what keeps an individual from being able to charge, fine or penalize a Business? If it could be accomplished, but at a high cost, let's assume it's based on principal and not monetary gain. And have a legal entitlement to money back?  No.  You are of course welcome to send your doctor a letter stating that you would like $50 to make up for your two hour wait last time around, but there's no legal obligation for him to pay up, unless he signed a contract stating that he would do so. Corporations also cannot simply send you a fine or fee and expect you to pay it; you must have either agreed to pay it in the past, or now agree to pay it in exchange for something. In these cases, the corporations have the power: you have to agree to their rules to play ball.   However, consumers do have a significant power as well, in well-competed markets: the power to do business with someone else.  You don't like the restocking fee?  Buy from Amazon, which offers free shipping on returns.  You don't like paying a no-show fee from the doctor?  Find a doctor without one (or with a more forgiving fee), or with a low enough caseload that you don't have to make appointments early.  Your ability to fine them exists as your ability to not continue to patronize them. In some markets, though, consumers don't have a lot of power - for example, cable television (or other utilities). The FCC has a list of Customer Service Standards, which cable companies are required to meet, and many states have additional rules requiring penalties for missed or late appointments tougher than that.   And, in the case of the doctor, if your doctor is late - find one that is.  Or, try sending him a bill.  It does, apparently, work from time to time - particularly if the doctor wants to keep your business."}
{"_id": "539320", "title": "", "text": "There do not appear to be any specific legal measures to prevent bankruptcies.  In fact, they seems to be part of the means for which rates are raised, for the consequent aim of lowering inflation. See:  The Budgetary Implications of Higher Federal Reserve Board Interest Rates by Dean Baker, Center for Economic and Policy Research. The Federal Reserve Board (Fed) is widely expected to start raising   interest rates some time in 2015. The purpose of higher interest rates   is to slow the economy and prevent inflation. This is done by reducing   the rate of job creation and thereby reducing the ability of workers   to achieve wage gains."}
{"_id": "539327", "title": "", "text": "&gt;With so many establishments saying facebook was built on hype and was going to burn a lot of investors, I actually thought it might go up.  Why would you think that?  If you're new to investing, why would you bet against the people who make their entire livelihood analyzing the stock market?"}
{"_id": "539332", "title": "", "text": "According to the expert of Adbri Masonry, the replacement process is very easy and this makes this version so popular in the markets and upon getting dirty, cracked, chipped, stained, etc., you can use the simple process to remove the offending stone and replace it with a new one."}
{"_id": "539344", "title": "", "text": "Based on what I know I'd say the following:   * financial assets are mostly owned by the rich, and so normal items aren't being purchased by normal people at any higher significant rate. The higher asset prices are staying invested instead of being used to spend.   * QE failed to raise consumers expectations for long term wage expectations, and so spending and credit hasn't grown as much.   * technology is causing a variety of deflationary pressures: ride sharing, room sharing is cheaper. Music and video are almost free. Brick &amp; mortar stores are contracting."}
{"_id": "539377", "title": "", "text": "I am not really qualified to be engaged in this argument so I won't tell you why I suspect you are wrong.  That said, there are many many many factors that drive productivity (which I believe is up?) and the income distribution (which I concede is a big problem). Observing that the problem started approximately concurrently with the end of the gold standard (which is arguable), is really not evidence that we should return to the gold standard.  Correlation != causation."}
{"_id": "539378", "title": "", "text": "Our range of child safety products includes retractable stroller locks and hooks. They are available in beautiful colors to go with your stroller\u2019s color. These products are highly compact and built with vinyl-coated cables to avoid any scratching of your buggy. The strollers can be locked to any nearby things easily without any hassle."}
{"_id": "539381", "title": "", "text": "\"Usually the FED uses newly printed money to buy US treasuries from Goldman Sachs, JP Morgan, etc..  These banks then lend out the new cash which expands the money supply. During the height of the crisis the FED printed over $1.0 Trillion and bought....well...almost anything the banks couldn't offload elsewhere.  Mortgage Backed Securities, Credit Default Swaps, you name it - they bought it.  Must be nice to always have a customer to sell your junk investments to.  They also bought these securities at face value - not at market value.  Chart from here.  The FED announced in early November, 2010 that they will print another $600 billion and buy US Treasuries.  They will be buying ALL the debt that will be sold by the US government for the next 8 months.  This was admitted by the Dallas FED chairman in this article: For the next eight months, the   nation\u2019s central bank will be   monetizing the federal debt. \"\"Monetizing\"\" is a fancy word for printing money. I think this was done because the US government ran out of customers for its debt.  China has reduced its purchases of US debt and the Social Security Trust Fund is no longer buying US debt since it is running a deficit.\""}
{"_id": "539382", "title": "", "text": "OK, at least there is still an answer that doesn't seek to troll or be sarcastic.  I was thinking that it has to do with the fact that wealthy consumers in non-Western countries often desire to emulate Western lifestyles and consumer trends."}
{"_id": "539396", "title": "", "text": "&gt;Not the piss test.  [Your statement is factually incorrect](http://m.med-health.net/How-Long-Is-Thc-Detectable-In-Urine.html)    &gt;You're an exception. Many pot smokers do it daily and think it doesn't impair them. you're responsible, they are not.  And now you're just throwing out blanket statements without any verifiable facts to back them up and drawing conclusions based on your own warped perspective.  When I hire people for roles in my organization, I find close-mindedness and myopathy like yours to be a far greater detriment than recreational marijuana use."}
{"_id": "539399", "title": "", "text": "Ask for documentation proving the amount they say you were overpaid, and ask for time to review their claim. If it is a large amount that they can prove you owe, and if you were staying, then you could ask for the repayment to be spread over multiple pay checks. This would avoid the situation where you could get a very small check or even a check for zero. Because you are leaving, you could ask for time to reimburse them, but don't count on them agreeing to that deal.  The lesson is to save all time cards, especially ones in which your hours are not consistent. Also save all pay stubs for the year. What you should do now is download all the time card and pay info on the website, before you lose access to it. These should be saved on your home machine, or printed and kept at home. Check to see if they made any time card adjustments. Many systems keep track of all changes made by the employee and by management; both before and after the employee signs the time card. If there are change you should be able to ask them to explain the changes."}
{"_id": "539400", "title": "", "text": "Oh really? It's a private website, they can do whatever they want. I would have to prove financial harm, and spend way more money than its worth on lawyers. I'm sure yelp is about 50/50 lawyers and shady sales reps, with like 5 people actually building the site."}
{"_id": "539418", "title": "", "text": "I have done this last year. Just open an account with an online brocker and buy a couple of Apple shares (6 I think, for 190$ each or something like that :) ). If this is just to test how stock exchange works, I think this is a good idea. I am also in Europe (France), and you'r right the charge to buy on NasDaq are quite expensive but still reasonnable. Hope this helps."}
{"_id": "539420", "title": "", "text": "Did you read [Hachette Book's response to Amazon?](http://www.digitalbookworld.com/2014/hachette-ceos-response-to-amazon-advocate-emails-why-we-price-books-the-way-we-do/). Hachette books is **not** arguing that their ebooks should be the same price as the print versions. That's an outright fabrication on Amazon's part.  [Amazon is responsible for 65% of new online book sales, and 41% of *all* new book sales](http://www.publishersweekly.com/pw/by-topic/industry-news/bea/article/62520-bea-2014-can-anyone-compete-with-amazon.html#path/pw/by-topic/industry-news/bea/article/62520-bea-2014-can-anyone-compete-with-amazon.html) (that's both print books *and* ebooks). I never said Amazon had a *monopoly*, but by refusing to sell any of Hachette's books, they are literally depriving that company of roughly ~~half~~ 2/5 of it's new book revenue."}
{"_id": "539432", "title": "", "text": "The bank doesn't want to loan you money to build a house on property you don't own. What happens if the owner gets mad at you and wants you to leave? What happens if the owner's will gives the land to somebody else? The bank would be taking a big risk. You need to buy the land before building the house."}
{"_id": "539455", "title": "", "text": "yes .. the 20% are well-off and don't understand the problem of the 80%  that's why Trump's policies are actually beneficial to that 20. Add to that some ambivalence in the next 20 (say half of that), leaves only another 16% or so of votes to pick up from the ignorant and fox-brainwashed rustbelt and voila he gets 46% of the vote and the presidency."}
{"_id": "539462", "title": "", "text": "Yes, they're often a beneficial choice because it means you are earning the interest on the money instead of the government. You won't necessarily pay taxes on it, you have many options once you reach the point of wanting to do something with the money. Many people accumulate the wealth and then pass it down to subsequent generations without paying tax, which is perfectly legal if done right. Others make donations to charity.  Those are just a couple examples, but the point is that you accumulated the wealth over a long period of time and bought yourself time to decide what to do with it. Edit: No, if the investor decides to cash the money out all at once at the end, it would not be equivalent. Assuming you had $1,000 to put in an account and could get a 5% return on your money and you were in the 25% tax rate, the tax-free account ends up with more in the end (mostly by virtue of the compounding being tax-free):"}
{"_id": "539465", "title": "", "text": "The Keck Group, INC.  has been recognized for its phenomenal on site wood refinishing .  We bring our extensive proficiency while working on site refinishing projects. Our extensive experience and skillful expertise make us the ideal pick for the landmark buildings, museums, churches, and state capitols."}
{"_id": "539473", "title": "", "text": "\"Agree with wrschneider99. Also, since it's a \"\"credit report\"\" it helps to have a history of credit. My wife has been in the U.S. for 14 years and now has a higher credit score than me, a U.S. citizen. When we leased a car we put it in her name. When we took out a mortgage it's under both our names.\""}
{"_id": "539475", "title": "", "text": "To be honest, if it's a home all of you share you should try and save the home for your parents. your 26, you will have plenty of time to make 30k again. Having a home headquarters will bring some security to the family. Not only that your parents are old now, it could be hard for them to get another home. They have sacrificed for you, so maybe you should sacrifice for them? Thank god i have no family."}
{"_id": "539481", "title": "", "text": "We can't run out of money, but the buying power of that money can be significantly reduced to the point where it's fundamentally useless, i.e. inter-war Germany and many countries in South and Central America. Germany managed to skate by by creating a new Deutschmark in a confidence trick, and it worked because Germany is a solid, iron clad manufacturing powerhouse of a lot of stuff. The only thing we're a solid, iron clad manufacturing powerhouse of is sophisticated weapons systems and little scraps of paper we say are valuable.  My question is, at what point do we engage Washington's unlimited money printing presses until we reach that point? What's our optimum level of monopoly money output? We shouldn't just charge madly into the abyss"}
{"_id": "539483", "title": "", "text": "\u2018Gamification\u2019, \u2018clickability\u2019 and \u2018snackable\u2019 are just a handful of marketing buzzwords used daily. The industries latest buzzword, however, is one that every business owner and marketer needs to be familiar with \u2013 rebates.  In this article, the Agency Scouts team explore what agency rebates are and how they impact your business. It is only by answering those two questions that you can begin exploring whether rebates are at play within your agency and if you should allow them to continue."}
{"_id": "539508", "title": "", "text": "If you make 100K in the U.S., you are most definitely NOT paying 25.7% tax federally. Only money that you made over 37.5K is even charged at 25% AND you didn't even factor in that you get deductions which decrease your effective tax rate. Where are you pulling your numbers?"}
{"_id": "539511", "title": "", "text": "If your business pays taxes, it is in your best interest to expense it. Even if you don't pay taxes, setting your capitalization policy low enough to capitalize an office organizer (even a nice one) will give you headaches when your business grows larger."}
{"_id": "539522", "title": "", "text": "But they did have the accident.  The insurance is in case they become unemployed which they did.  If you want to come up with some alternative concept called destitution insurance or some such then go for it.  So far that has turned out to be both technically and politically impossible."}
{"_id": "539536", "title": "", "text": "I worked at an Applebees, and this is a good thing. I've never been to a place that treated its workers like this, and I've worked in maybe 10 resturants. We wouldnt clock in til we had our first table, and did our closing side work off the clock so that we could keep our hours down because they would not let you pick up shifts if you were going to get overtime. Because they did want to pay you 3 dollars an hour instead of 2.15 an hour. People were working 50 hour weeks but getting paid for 40 because Applebees couldnt pay hard working people an extra dollar an hour."}
{"_id": "539539", "title": "", "text": "I disagree strongly with chasing expenses. Don't chase pennies until your are comfortable with an allocation that makes sense to you. Focus on building a diversified portfolio. Look at all of the funds, and put them in a portfolio in a tool like Google finance. Screen out funds with 1-3 stars. Search around on this site for questions about portfolios -- there's good advice there. If you're still not comfortable, look for a fee-based advisor."}
{"_id": "539548", "title": "", "text": "\"Of course, but that's not relevant to my example. Let me clarify: say you hold a highly-appreciated $10M position in AAPL and you have good reason to believe the next iPhone is going to be a flop, causing the stock to decline 20%. You can sell now to avoid the (probable) decline, but by doing so you will be left with, let's say, $6.67M after paying $3.33M of state and federal LTCG taxes on the appreciation ($9M of the $10M, because you bought a long time ago).  However, by simply doing nothing and \"\"eating\"\" the 20% decline, you'll end up with $8M instead of $6.67M.  Many economists would criticize the tax in this example, as it has led to the investor rationally suffering a $2M loss, instead of reallocating all $10M of his/her capital to a more promising enterprise. Furthermore, if/when many investors act that way, they can create inefficiency in the equity markets (prices not declining by as much as they should to reflect a firm's reduced prospects).\""}
{"_id": "539552", "title": "", "text": "Reuters has a service you can subscribe to that will give you lots of Financial information that is not readily available in common feeds.  One of the things you can find is the listing/delist dates of stocks.  There are tools to build custom reports.  That would be a report you could write.  You can probably get the data for free through their rss feeds and on their website, but the custom reports is a paid feature. FWIW re-listing(listings that have been delisted but return to a status that they can be listed again) is pretty rare.  And I can not think of too many(any actually) penny stocks that have grown to be listed on a major exchange."}
{"_id": "539553", "title": "", "text": "In regards to your title, it's based on product. Rates based products had a late 2016 early 2017 run. It's now summer time and the fed is acting as expected. Clients have already positioned themselves going into the slow season. Distressed bonds and HY loans are still moving. After the latest fed increase and the yield curve flattening, HY loans took a hit. Par loans were trading at a discount. The market has moved back to paying a premium. However, HY bonds have been slowing down since June. New issue has dropped off, and equities have slowed as well. It's summer time. I wouldn't say that traders have it tough as the tittle suggests, it's just that it was a very active first quarter and now volatility has subsided. It's just the quiet season."}
{"_id": "539561", "title": "", "text": "The whole part of needing to build fewer towers is negated by capacity constraints.  Each tower can only support a certain number of users before the speeds choke.  Wireless carriers will need to increase tower density in areas where building penetration matters most; densely populated cities.  The rural areas that get fewer towers are just fine with limited spectrum allotments.  TL;DR: every single carrier will have to build a ton of towers in cities regardless of spectrum holdings. The carrier with the largest amount of spectrum, money, and who has gear with carrier aggregation support will end up winning. Sprint has all of the above now, they just need to finish their network refit and repair their public image."}
{"_id": "539570", "title": "", "text": "On a personal income tax return home improvements are generally not deductible on a federal level.  There might be some exceptions made for special tax programs, such as solar panels, but they tend to be the exception rather than the rule."}
{"_id": "539580", "title": "", "text": "I read the entire thread.  Verdict: It is easier to grasp the theory of relativity than understand how the planet is 50 trillion dollars in debt. Who is lending all this money? Is it people from Mars? BUT kudos to otherwiseyep. I enjoyed each and ever passionate response. :-)"}
{"_id": "539610", "title": "", "text": "You have 3 assumptions about the use of credit cards for all your purchases: 1) May be a moot point. At current interest rates that will not make much of a difference. If somebody links their card to a checking account that doesn't pay any interest there will be no additional interest earned. If the rate on their account is <1% they may make a couple of dollars a month. 2) Make sure that the card delivers on the benefits you expect. Don't select a card with an annual fee. Cash is better than miles for most people. Also make sure the best earnings aren't from only shopping at one gas station or one store. You might not make as much as you expect. Especially if the gas station is generally the most expensive in the area. Sometimes the maximum cash back is only for a limited time, or only after you have charged thousands of dollars that year. 3) It can have a positive impact on your credit rating. I have also found that the use of the credit card does minimize the chances of accidentally overdrawing the linked account. There is only one big scheduled withdraw a month, instead of dozens of unscheduled ones. There is some evidence that by disconnecting the drop in balance from the purchase, people spend more. They say I am getting X% back, but then are shocked when they see the monthly bill."}
{"_id": "539624", "title": "", "text": "\"Load \"\"truestory.jpg\"\"  -be a hardcore computer gamer  -design awesome rig with encrypted raid0 drives (what could go wrong?)  -explore the darkweb, buying and mining early bitcoins for novelty  -accumulate several hundred bitcoins in a wallet stored only on your fancy encrypted gaming computer, planning to sell when the price goes up to a few thousand dollars  -raid0 drive failure  -NOOOOOO  -~10 years storing the rest of the drives hoping one day it could be recovered as bitcoin soars to $5k.  Load \"\"feelsbadman.jpg\"\"\""}
{"_id": "539662", "title": "", "text": "Because its working so well right now?  Companies will still higher new employees if there is a demand.  Some people might lose their jobs but it will not be something that cripples the economy.  This sky is falling mentality is what keeps us stuck in this pseudo slavery enviornment we live in right now."}
{"_id": "539664", "title": "", "text": "No, I think you are misunderstanding the Math. Stock splits are a way to control relatively where the price per share can be for a company as companies can split or reverse split shares which would be similar to taking dimes and giving 2 nickels for each dime, each is 10 cents but the number of coins has varied. This doesn't create any additional value since it is still 10 cents whether it is 1 dime or 2 nickels.  Share repurchase programs though are done to prevent dilution as executives and those with incentive-stock options may get shares in the company that increase the number of outstanding shares that would be something to note."}
{"_id": "539680", "title": "", "text": "\"There is no rule-of-thumb that fits every person and every situation.  However, the reasons why this advice is generally applicable to most people are simple. Why it is good to be more aggressive when you are young The stock market has historically gone up, on average, over the long term.  However, on its way up, it has ups and downs.  If you won't need your investment returns for many years to come, you can afford to put a large portion of your investment into the volatile stock market, because you have plenty of time for the market to recover from temporary downturns. Why it is good to be more conservative when you are older Over a short-term period, there is no certainty that the stock market will go up.  When you are in retirement, most people withdraw/sell their investments for income.  (And once you reach a certain age, you are required to withdraw some of your retirement savings.)  If the market is in a temporary downturn, you would be forced to \"\"sell low,\"\" losing a significant portion of your investment.   Exceptions Of course, there are exceptions to these guidelines.  If you are a young person who can't help but watch your investments closely and gets depressed when seeing the value go down during a market downturn, perhaps you should move some of your investment out of stocks.  It will cost you money in the long term, but may help you sleep at night. If you are retired, but have more saved than you could possibly need, you can afford to risk more in the stock market.  On average, you'll come out ahead, and if a downturn happens when you need to sell, it won't affect your overall situation much.\""}
{"_id": "539710", "title": "", "text": "I agree. That's why I referenced the way things are done in the Valley in quotes.   &gt;...big companies...  I work in IT at a fortune 10 company. It's not a Tech firm but our CIO oversees a 10,000+ head count.    If you don't mind not having one of the 4 horseman on your resume, you can find great work with great pay and plenty of time to spend what you make in other industries that need technology to function (which is basically all of them)."}
{"_id": "539733", "title": "", "text": "\"I still think this tech boom is different. The 2000 boom/bust was so much based around a fiction. Namely, the infrastructure and logistics. The country was not yet set up for streaming services or online retail, the main drivers of that boom/bust. Today, broadband is ubiquitous, there's a computer in every home, and a smartphone in every pocket. Big data and automation drives vastly more efficient logistics, with the only main obstacle still yet to be worked out is AI that will allow companies like Uber and Tesla to realize their valuations. And the main drivers of tech are the so-called FAANG stocks (Facebook, Alphabet, Amazon, Apple and Netflix), as well as other tech like Microsoft and Cisco. What's the difference between these and, say, Pets.com or HotBot? *These are real companies.* Pets.com went boom to bust in less than a year. Broadcast.com sold for $5+billion...in 1999 (u kidin me?) Today's \"\"overvalued\"\" stocks have product, customers, business models and strategies in place. And the infrastructure they depend on actually exists.\""}
{"_id": "539734", "title": "", "text": "My experience is from travelling in Central Europe and Germany, so I've dealt with much smaller amounts of money, but the general principles are the same. Many Visa-brand ATM cards allow you to withdraw money from European ATMs for a 1% fee (plus any fees the bank may charge, my bank charged zero fee) in local currency.  Even if the bank charges a 2-3% fee, the combined max 4% fee is going to be a lot smaller than most currency exchange places will offer.  There are a lot of exchange offices that are built to scam tourists out of their money.  We had no choice but to use one that ended up taking around 10% of the exchanged money (luckily we were only exchanging a small amount of currency).  Call your bank and ask what their fees are, and if they are large, find a bank with small or zero fees and move your accounts there.  Be sure to notify your bank that you are going to be travelling for an extended time in a foreign country.  Literally any ATM (Geldautomat) accepted our card (thank you VISA).  We literally walked off the plane with some USD and no foreign currency, and were able to stop at an ATM right outside our hotel (the taxi had a card reader, as most in Munich did). If you have a source of income secured within the country (which I am hoping you do if you will be living there) you could live off of your income, and use your USD to pay off things like credit card bills.  Get a Travel Rewards Credit Card (or similar card that offers no foreign transaction fees or free currency transfers).  Use this card for anything and everything you can, and pay it with a transfer from your US bank account.  Under this method you'll probably have to convert some currency, but you can do so from an ATM easily enough."}
{"_id": "539752", "title": "", "text": "\"I am not a lawyer, and I am assuming trusts in the UK work similar to the way they work in the US... A trust is a legally recognized entity that can act in business transactions much the same way as a person would (own real property, a business, insurance, investments, etc.). The short answer is the trust is the owner of the property. The trust is established by a Grantor who \"\"funds\"\" the trust by transferring ownership of items from him or herself (or itself, if another trust or business entity like a corporation) to the trust.  A Trustee is appointed (usually by the Grantor) to manage the trust according to the conditions and terms specified in the trust. A Trustee would be failing in their responsibility (their fiduciary duty) if they do not act in accordance with the purposes of the trust. (Some trusts are written better than others, and there may or may not be room for broad interpretation of the purposes of the trust.)   The trust is established to provide some benefit to the Beneficiary. The beneficiary can be anyone or anything, including another trust. In the US, a living trust is commonly used as an estate planning tool, where the Grantor, Trustee, and Beneficiary are the same person(s). At some point, due to health or other reasons, a new trustee can be appointed. Since the trust is a separate entity from the grantor and trustee, and it owns the assets, it can survive the death of the grantor, which makes it an attractive way to avoid having to probate the entire estate. A good living trust will have instructions for the Trustee on what to do with the assets upon the death of the Grantor(s).\""}
{"_id": "539767", "title": "", "text": "\"So nobody is blaming them. I'm not sure why it is clear that it's someone's \"\"fault\"\" versus being just a shift in consumer behaviour. If there's a failing business should they fire the workers more quickly? I'm trying to understand your position here, and I don't know enough to \"\"blame\"\" anyone.  Really, what do you think is the primary issue? Clearly you feel something was the executive's fault, what is it you feel is their fault?\""}
{"_id": "539777", "title": "", "text": "&gt; I pay for Reddit gold because I'm on this stupid site every day so I feel I should support it. I never would have come to that decision without using the site for at least a year first.  Yeah, I can relate--I feel an ethical obligation to support Reddit for the same reason, but I don't think Gold is the way to do it. Simply put, Reddit needs to fix its advertising. The targeting is shit, the performance is awful, and Reddit has been very slow to fix its ad products. Of course Reddit's audience is not particularly receptive to advertising, but it isn't unreceptive, that's for sure, especially if they do the campaign right. Reddit needs to get its real business potential figured out--if I buy them Reddit Gold before that, I feel like I'm enabling their incompetence.  Maybe I'm just rationalizing my cheapness."}
{"_id": "539779", "title": "", "text": "As other have said though, the population of the EU is greater than that of the US market and so it is more profitable to take the fine, then pull out. The other issue also relates to capital invested in EU countries. By pulling out a full liquidation would be required, which is again a bad move for your (google's) businesses.   Any corporation on a global level such as google have to operate within the legal structure of each jurisdiction they wish to provide products or sales. EU based compiles get fined in the US regularly and don't pull out. It's the nature of global business.  I.e. 320/500 million potential consumers is fair superior than principles.   I should also add that the EU institutions place a heavy emphasis on consumer protection, unlike the US, which I believe is the basis of the Anti Trust Regulations."}
{"_id": "539802", "title": "", "text": "Ah the Somalia answer. If you are not happy with us stealing from you, just because you were born here, then you can always give up everything you earned. Or because without the loving graces of the lord above you wouldn't even exist line more like it?"}
{"_id": "539805", "title": "", "text": "You can negotiate a no penalty for early payment loan with dealerships sometimes. Dealerships will often give you a better price on the car when you finance through them vs paying cash, so you negotiate in a 48 month finance, after you've settled on the price THEN you negotiate the no penalty for early payment point. They'll be less likely to try to raise the price after you've already come to an agreement.  My dad has SAID he does this when buying cars, but that could just be hearsay and bravado. Has said he will negotiate on the basis of a long term lease, nail down a price then throw that clause in, then pay the car off in the first payment.  Disclaimer: it's...um not a great way to do business though if you plan to purchase a new car every 2-3 years from the same dealer. Do it once and you'll have a note in their CRM not to either a) offer price reductions for financing or b) offer no penalty early payment financing."}
{"_id": "539836", "title": "", "text": "Single payer health care, aka socialized, has been shown to be superior. If you haven't noticed we already do the free market thing. That is why insurers have been booting people with pre existing conditions and hospitals and pharma companies hugely jacking up the rates. Epi pens are up over 700% from a few years ago. Martin Shrekli bought rights to a life saving drug and jacked the prices astronomically. The free market works great for consumer products and services, but when it comes to services that are meant to benefit society, the free market does a horrendous job. Health care in other counties' goal is to provide adequate health care for the lowest cost. Here it is trying to charge people as much as they can get away with and marginalizing those that can't afford. And funny enough you are paying more for health care in your taxes than in any other country in ADDITION to your private insurance for lower quality care so the pharma execs can increase their share prices."}
{"_id": "539859", "title": "", "text": "In general, minors cannot enter into legally binding contracts --   which is what credit accounts are -- so an individually held card is   probably not an option for you right now. You will not be approved for a credit card because you are minor. The only option credit card wise for you is for your parents to add you on as an authorized user onto their accounts. The upside is that you and your parents can work out a monthly payment for the amount you spend on your equipment, the downside is that if your parents don't pay their credit card bill, your credit score/report can be negatively affected. (This also depends on the bank, however, all the banks I bank with report monthly payment activities on authorized users' credit reports as well. There might be a bank that doesn't.)  In terms of credit cards, there is nothing you can do. What you could do as the comments have suggested is either save up money for the equipment you want, or buy something cheaper."}
{"_id": "539867", "title": "", "text": "I think it is too early to tell. They changed so many variables in an incredibly complex system, and a lot of it will depend on how the requirements in the legislation look once the bureaucrats and insurance companies get a chance to interpret them and implement them as policy. My gut feeling is that for most people, you should plan on some pretty price increases for insurance in the next few years as insurance companies try cover the costs of removing lifetime caps and insuring people with pre-existing conditions. That said, the personal finance issue that you really should be planning for is your portfolio not your insurance costs. The bill includes almost a 4% increase in capital gains taxes."}
{"_id": "539881", "title": "", "text": "\"The appropriate structure for an organization depends largely on the size of the firm. Smaller firms can employ some non-traditional hierarchies more easily (i.e., flat design), whereas the same structures are more difficult to use in mid-size and large companies. The most important pieces of any corporate structure are (1) clarity of roles, (2) accountability, and (3) ease of communication.  Firstly, everyone in the organization must have clarity of their own role and how it fits into the bigger picture. That means a structure that is easy to understand, and a comprehension of how all the roles tie in to each other.   Secondly, a good structure will enable and empower leadership to hold the team accountable, and be held accountable in turn. What is often misunderstood about accountability is that people often assume that it simply means punishing poor behavior when something breaks down. In reality, that's holding people responsible, not accountable. Accountability is something that is self-driven and is a product of sound relationships and transparency. As an example, one of the most common breakdowns in accountability is found in passive non-responsiveness. This is when you may reach out to a business partner for help or an update, but they simply do not reply (as in email, text, or voicemail).   Thirdly, the structure should be such that it is easy for individuals to communicate across and up/down the chain. This doesn't mean that if you send an email, communication is easy. Rather, who do I reach out to for this problem? What are the best practices or agreed-upon methodologies for a certain practice, and how does the team know this? Some of this should be codified in the form of standard operating procedures (SOPs) which can be referenced at any time. Many companies use a \"\"playbook\"\" which is a high-level reference guide on how to operate the business (an example is found here: https://www.atlassian.com/team-playbook). A playbook can be anything from a PDF to an interactive website like the aforementioned link. It should always have the most up-to-date information.  Most companies will change their structure over time as their environment (both internal and external) change and they need to adapt. For example, a small firm may not need an HR department, but as it employs more and more people, a need to have someone (or an entire team) focused on human capital management rises quickly -- an owner-operator can handle only so much before it is time to scale up.  The most important thing to consider is who you hire. People are the largest expense to an organization, and having the right people in the right roles is the best way to avoid unnecessary incremental costs resulting from inefficiency, fraud, or risky behavior. Always look for the personality traits that make a good employee relative to the role (i.e., customer service: friendliness; finance: integrity; operations: teamwork).  One of the most obvious parts of a business as it scales up is specialization. You want to find a balance, though. For example, HR handles all human relations issues, while Legal handles all internal claims, suits, and patents. There is an overlap that occurs here, as internal claims often start as human relations issues, which means you must have healthy communication and clear accountability for an appropriate hand-off so Legal takes a claim at the right point in time. While this example may be a little obvious, many times the edges are blurred, and clarity of role can be difficult.  I hope that helps! Reach out with any follow-up questions.\""}
{"_id": "539887", "title": "", "text": "\"That ship has basically sailed. A significant number of businesses are going to have to replace their terminals *again* if the banks change their minds, which I doubt they would be too happy about. For example, a lot of small businesses use Square, which will not ask for PIN at all even for foreign cards and has no hardware that would permit it. Not to mention the restaurants that didn't bother with wireless terminals the first time (which is most of them).  Hell, even ignoring all that, a lot of major retailers don't even bother asking for the PIN with chip and PIN credit cards unless it's over $25-50. (Meanwhile, they always ask for the PIN for debit cards.) It's almost as though security *isn't* the main reason for wanting PIN to be required.  Source: I have a couple of the (very few) cards issued by American banks that \"\"require\"\" PIN.\""}
{"_id": "539922", "title": "", "text": "There are a number of ways you could do this. The first step is to work out what a fair price is. Either make an estimate that you both accept, possibly getting a real estate agent to give you a free evaluation, or get a professional evaluation from some you both accept. Once you have a valuation, the simplest of course is to pay your brother that value (in return for his transferring his ownership to you). Hopefully you have that much money in savings. If you don't have that money (but do have income) you may need to take a mortgage, which would put your home at risk. If the pollution you speak of hasn't been fixed a mortgage may be out of the question. An alternative, if you have income, and your brother doesn't need the money right now, is to make the money you owe him for the house a loan from him to you. He transfers his ownership of the house to you, you pay him its value, but he simultaneously loans you that exact same amount. No actual money needs to change hands. You would make him a regular payment, essentially the interest on that loan, and also make an agreement to pay off the principal of the loan (i.e. the value of the house) when the house is sold, or when you pass away. While you could do this informally if everyone agrees, it would be much better to make a legal agreement, so that everybody is exactly sure what they are expecting."}
{"_id": "539929", "title": "", "text": "\"Why does it have to be a central authority?  We collect taxes on local, state, and federal levels.   My question is that we, in the USA are (in my opinion) to fixated on the taxes that rich people might pay and that if we \"\"anger them\"\" with higher taxes, they will run away.  Where is the concern for the welfare of the working man and his family?\""}
{"_id": "539942", "title": "", "text": "&gt;FTFY: Repeat after me: Monopolization can only occur when there is a corrupt government to limit the emergence of competitors.  No government exists that is not corrupt, as power attracts corruption. The sooner you realize you can't obtain a non-corrupt government the better off you'll be.   &gt;How about we stop voting for the limited government idiots and start electing people who have the best interests of the American people at heart.  I would suggest the people who wish to limit the government do, in fact, have the best interests of the American people at heart."}
{"_id": "539958", "title": "", "text": "\"Government registering of financial institutions usually is to make the government safe (eg FINTRAC is watching for money laundering and financing terrorism) rather than to make it's customers safe.  Most governments have many levels of registrations and regulatory bodies. The most stringent requirements are usually obligatory only for banks, and they indeed often include precautions for insuring customer's deposits. Even this insurances have limits, eg in most EU countries the state guarantees deposits up to 100kEUR. If you deposit more and the bank flops - you lose everything over the limit. Companies like forex or currency exchanges usually make their best effort to avoid as many regulations as possible, just because it's costly. If a given company does have guarantee funds and/or customer insurance, it should be advertised and explained on their website. However the whole issue of trust is misguiding. You don't have to \"\"trust\"\" in your grocery store to shop there. There is no government guarantee that the vegetables sold will be tasty. If you buy and the product fells short of your expectations, you call it a loss and start shopping elsewhere. Financial services are no different than any other product. I recommend to your aunt to start small and see how it works. If a service turns out well, she can increase the amount sent through exchange and decrease amount sent through bank. But still, it's always prudent to send eg $1000 every week instead of $4000 once a month. It's more time consuming and cumbersome than having your bank do it - but it's the safety and convenience you're paying premium for.\""}
{"_id": "539971", "title": "", "text": "Its not about her trying to fuck you over.  Its about yourself, herself and her brother not taking into account the risk and assuming this is easy money.  Legality is the easy part. Competing in the market and coming out on top is the hard part. There are probably hundreds of people just like her brother thinking that setting up a weed shop is a get rich quick scheme."}
{"_id": "539996", "title": "", "text": "Here in Upstate NY, in a house with no air conditioning, my peak winter electric/gas bill is roughly 3x a summer bill more typically, it's about double. A typical bill outside of heating season is $125. We basically set aside $200/mo for electric & gas, and keep the balance in a separate account at ING Direct (We like ING, as you can easily create and name accounts for specific purposes). We own a house, so usually we rebalance the account in September when the school taxes arrive."}
{"_id": "540011", "title": "", "text": "\"Once a currency loses value, it never regains it. Period. Granted there have been short term periods of deflation, as well as periods where, due to relative value fluctuation, a currency may temporarily gain value against the U.S. dollar (or Euro, Franc, whatever) but the prospect of a currency that's lost 99.99% of its value will reclaim any of that value is an impossibility. Currency is paper. It's not stock. It's not a hard commodity. It has no intrinsic value, and no government in history has ever been motivated to \"\"re-value\"\" its currency. Mind you, there have been plenty of \"\"reverse splits\"\" where a government will knock off the extraneous zeroes to make handling units of the currency more practical.\""}
{"_id": "540031", "title": "", "text": "Yeah and that's what they get for relying on illegal workers. Either pay a fair wage or quit and let someone else who will pay a fair wage have a chance at it. Sure, those hand picked food prices will rise, but who cares? If that is what it is truly worth then that is what it should cost.  It isn't like this is going to make other automated staple crops like grains any more expensive."}
{"_id": "540088", "title": "", "text": "Dexmet precision expanded metals &amp; expanded plastics are used in a host of primary, secondary and aftermarket automotive products. Typical applications include: low-cost bearings; air bags; air filters, oil filters; passenger and other filtration. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "540112", "title": "", "text": "Not zealous, I just was quickly glancing while taking my morning shit.  But I do very much like the company, and enjoy working for them.  I'm treated well, the culture is great, and for the customers that are right for best buy, we are great.    I spent 12 years before working here in IT.  The only time I bought stuff from best buy was because I needed it right then, so I'm with you.   But you are generally not our demographic.(I can't imagine corporate thinks you are, I'm just a store level employee, not representing the company)"}
{"_id": "540141", "title": "", "text": "\"&gt; ...we conclude that the second wage increase to $13 reduced hours worked in low-wage jobs by around 9 percent...  Anyone know what the definition of \"\"low-wage\"\" is?  I am wondering how much of this 9% is low-wage workers being boosted out of the low-wage category.\""}
{"_id": "540175", "title": "", "text": "For example at my school, Cal State Fullerton,  you are able to visit fullerton.edu/openuniversity to check for classes you might sign up for. You're required to pay for the course up front and in person at the college. There are both on campus and online classes there. Each university will be different though.  If your parents are willing to spend the money, go for it. $: Around $1000   Also, you might be able to enroll in a community college and do the same thing. The biggest difference is the lesser amount for a course. $: Around $200   At 15, I think the smarter option is free courses that will alliw you to feel out your interests.    Good luck!"}
{"_id": "540187", "title": "", "text": "Pretty sure they said they went up by 3% or more after it was legalized.  You need to realize that these statistics are all not helpful at all.  While someone is saying fatal car wrecks didn't increase, someone hit and disabled the rest of their life wouldn't count towards this.  There was also someone saying that claims have gone up 16% since pot was legal in Colorado but that could be from someone hitting a tree or just bumping another driver.  Regardless though, they still went up.  Overall, if they police smoking and driving as heavily as they do with alcohol, then fine I guess.  I'd rather if people were impaired that they stayed off the road but people are ignorant and assume getting high is 100% safe."}
{"_id": "540199", "title": "", "text": "often financial software is dire, with crappy interfaces and poorly integrated to the wider company. I have an ambition one day to create a modern human centred financial software that is focused on the task at hand rather than forcing the user to jump through unnecessary hoops. Also Excel should be banned for many reasons."}
{"_id": "540205", "title": "", "text": "I found this page at CNN Money, that lists 5 viable alternatives to Paypal, namely: I would suggest looking for unbiased sources like CNN rather than searching for alternatives and happening upon the merchant's sites themselves. Hope this helps!"}
{"_id": "540206", "title": "", "text": "I love how you so thoroughly believe that citing a reference (i.e. someone ELSE) somehow defines what is true/false... and how oblivious you are relative to your own gullibility via that.  &gt; This is a waste of my time.  Which is obviously nothing new for you.  Have you actually ever done anything that ISN'T a waste of time?"}
{"_id": "540225", "title": "", "text": "I dont remember the specifics, but basically I have been staying away from sears for years (passively, not like an intentional boycott) because of the poor customer service my friends and I have experienced (believe it was with either with returns, or with store credit card).  Apparently they still suck majorly: http://www.resellerratings.com/store/Sears"}
{"_id": "540230", "title": "", "text": "**Here's a sneak peek of /r/UrbanHell using the [top posts](https://np.reddit.com/r/UrbanHell/top/?sort=top&amp;t=year) of the year!**  \\#1: [Apartments in Hong Kong](http://i.imgur.com/SJMA1Jz.jpg) | [112 comments](https://np.reddit.com/r/UrbanHell/comments/4vgm63/apartments_in_hong_kong/)   \\#2: [Mirny, Sakah Republic, Siberia, Russia](https://i.redd.it/obmqkfmj8xty.jpg) | [56 comments](https://np.reddit.com/r/UrbanHell/comments/67p3xg/mirny_sakah_republic_siberia_russia/)   \\#3: [LA traffic this evening (x-post r/GIFS)](https://i.redd.it/keay1kp7qazx.gif) | [124 comments](https://np.reddit.com/r/UrbanHell/comments/5egyst/la_traffic_this_evening_xpost_rgifs/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/5lveo6/blacklist/)"}
{"_id": "540232", "title": "", "text": "&gt;That's why the CEO pay is so enormous, because the board can make that decision and none of the common shareholders have enough power to override it.  As with any business, when you own less than 50% you have a  say but  are at the mercy of all the other shareholders.   That's kinda the way things work.  Don't like it?  Don't buy a piece of the company.   Want majority ownership of Intel corporation?  Buy up 2.5bn shares and take controlling ownership.     I still don't get what you're bitching about - that minority shareholders should have a majority say?     That's the way owning a piece of any company works; a  corporation or an LLC.  The same bullshit you're spewing off about is the same bullshit that people bitch about in a democracy; they want their voice to count for more.   You're vote is worth in a company based on the portion you own."}
{"_id": "540239", "title": "", "text": "&gt;Basically the banks (Countrywide was the worst about this) failed to uphold lending standards when they were giving out mortgages because it wasn't in their self-interest  Is there such thing as lending standards? As in by law or by regulations? (Not ethics)  As far as I know the major regulations banks have to follow are the capital ratio requirements (Basel I,II) and the min 4% leverage ratio (FDICA). I'm assuming the banks kept to the ratios by keeping illiquid securitised loans off their balance sheet.  &gt;after the banks would give someone a mortgage the banks would make their fees off the mortgage and then bundle these mortgages into securities. The banks then had these sub-prime mortgages that are now bundled together as securities,   From my understanding the bank did originate the loan, and they will assign this loan to a trust fund who will securitise the loans into CDOs or mortgage backed securities. I have 2 questions from this:  1) What is wrong with this and  2) if it is unethical or greedy, what can be done to solve this? Stop them from securitising these loans? Wouldn't that destroy the reinsurance market?  &gt;then Moody's/S&amp;P and other ratings agencies gave them AAA ratings despite nearly everyone in the industry knowing they were time-bombs waiting to go off. Goldman Sachs and everyone else knew what was going on, but they didn't want to get stuck holding the bag, per se, so they committed fraud by knowingly misleading their clients to buy these securities.  So the responsibility lies more with these guys then? Goldman Sachs were the ones committing fraud and now the SEC is going after Fannie and Freddie. The banks didn't break any laws or regulations."}
{"_id": "540264", "title": "", "text": "I guess they are overpriced but usually their stuff has  what no one else has or is more advanced then anyone does. Atleast in some way.  Like look at psp  Their phones are well priced and many vaios are too like check out the vaio s series.  Say the vaio z is alot? Yet its still cheaper then a macbook pro. the z is a world class laptop fitting so much into such a thin and light package.  Yet a $1000-1100 vaio s packs a wholeeee lot of punch for that price.  Their products usually have at least a few features others dont. Such as their point and shoots have had the night vision mod since.. Forever.  Their sony nex mirrorless camera? state of the art technology.  Who is going to pay for all that reasearch andd development?  Look at many other companies, they barely ever have new industry leading or future leading features.  They have made mistakes in the past such as the proprietary memmory cards...  But what else?  Ps3 controllers use mini usb Most of their laptops have both vga and hdmi  I think people love to hate sony but they have arguably done more for technology then almost any other company.  I would sure as hell pay a bit more for that then pay 2x more for apples new product that is more shiny then the last....."}
{"_id": "540277", "title": "", "text": "\"Nope, it's just relevant to point out that no additional credentials are required when some dipshit claims that the requirements for a job are somehow much higher than they actually are. My brother got a job at Boeing 2 or 3 years after leaving high school. He never attended college, he had no additional certs (welding, machinist, etc). Same goes for all the other people I know that are working at Boeing, except they have varying levels of college education (with the commonality that none of them actually have even a 2 year degree completed). You are just completely full of shit.  But hey, don't take it from me. Take it from the requirements section of their job postings:  http://jobs-boeing.com/st-louis/entry-level/jobid5850922-maintenance-mechanic-jobs  I would love to know what possesses a person who clearly does not have the knowledge required for a conversation on a specific topic to enter it so passionately and to make such fraudulent claims. I mean, did you not do the 2 minutes of research necessary? Whatever the case, it sure makes statements like this more hilarious:  &gt;You know what the problem is with guys that \"\"started using a headhunter immediately after junior year ended\"\" is? They think they know about things they have no idea about.\""}
{"_id": "540281", "title": "", "text": "You can't change the W2, the employer issues it and sends it to the IRS. You cannot affect it in any way. The employer reported correctly. You did contribute $4137 in 2015. You then withdrew the excess in 2016, and did it timely, so it is not taxable in 2016. However, the excess contribution should be added back to your wages on your tax return. The way to do it is to add it to the taxable wages amount (reported on W2 box 1), and attach a statement explaining that the amount added is the excess contribution. You then put the corrected amount in the right place on your tax return (line 7 on the form 1040). Adding the difference to misc income (line 21) is OK too, it's the same effect. You will then need to check with your payroll that they're aware that the excess was deposited back on the account of the next year and adjust their reports accordingly. Otherwise you'll end up with excess contribution again."}
{"_id": "540285", "title": "", "text": "My bank (USAA) moves money to and from a USAA brokerage account instantly. They also have instant transfers from their money market funds to checking, savings, and brokerage. It takes the 3 days to go to another institution, though."}
{"_id": "540290", "title": "", "text": "Next will be Applebees and Chilis and then slowly the Olive Gardens and Red Lobsters will follow suit. These eateries are no longer attractive. Millennials value craft and local food. I can not tell you the last time I saw a full parking lot at Chilis on a Friday night ( well maybe in 1996)."}
{"_id": "540292", "title": "", "text": "Is this possible and will it have the intended effect? From the US tax perspective, it most definitely is and will. Is my plan not very similar to Wash Sale? Yes, except that wash sale rules apply for losses, not gains. In any case, since you're not a US tax resident, the US wash sale rules won't apply to you."}
{"_id": "540304", "title": "", "text": "**Net neutrality**  Net neutrality is the principle that Internet service providers and governments regulating the Internet must treat all data on the Internet the same, and not discriminate or charge differentially by user, content, website, platform, application, type of attached equipment, or method of communication. The term was coined by Columbia University media law professor Tim Wu in 2003, as an extension of the longstanding concept of a common carrier, which was used to describe the role of telephone systems.  A widely cited example of a violation of net neutrality principles was the Internet service provider Comcast's secretslowing (a.k.a. \u201cthrottling\u201d) of uploads from peer-to-peer file sharing (P2P) applications by using forged packets.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "540314", "title": "", "text": "Our Home Health Care spcialists in CT are warm and compassionate and care for our clients as family. All of our Care Givers have passed and extensive background check as an added step in providing the utmost care for your loved ones.  Company Name: Alzheimer\u2019s and Dementia Care  Address: 1000 Lafayette Blvd, Suite 1100                  Bridgeport, CT 06604                  US  Phone: (203) 520-0116   Website:  http://alzdementiacare.com/"}
{"_id": "540322", "title": "", "text": "Maxime Impex offers the Best of Best Currency Counting Machine With Fake Note Detection which is very easy to installation, very user friendly, gives dimensional accuracy, Automatic Clear and Accurate counting. For more information, Visit the website: http://www.maximeimpex.in/ or call us at: 9891878746"}
{"_id": "540325", "title": "", "text": "You need to report the interest expense, assuming the loans were for your business: You need to report interest expense (only interest, principle is not an expense just as the loan proceeds are not income). The interest expense goes to the appropriate line on your Schedule C or E (depending on whether you used the loan for the online business or the rental). People whom you borrowed from must also report the interest as income to them on their Schedule B. You cannot deduct the interest expense if they don't report it as interest income. If you didn't take the loans for your business then the interest is not deductible. You don't need to report anything. People who lent you money still have to report the interest you paid to them as income on Schedule B. If you paid no interest (free loan) or below/above market interest to a related party (family member), then the imputed interest is considered income to them and gift to you. They need to report it on their Schedule B, and depending on amounts - on a gift tax return. For $1K to $10K loans there probably will be no need in gift tax returns, the exemption is for $14K per year per person. If the imputed interest rules may apply to you, better talk to a licensed tax adviser on how to proceed."}
{"_id": "540334", "title": "", "text": "\"There are TWO parts to an LLC or any company structure.  This being the entire point of creating an LLC.  The context is that a lawyer is after your LLC, and he's arguing that the LLC is not genuine, so he can go after your personal assets - your house, car, IRAs, tap your wife's salary etc.  This is called \"\"piercing the corporate veil\"\".  What would he use to claim the LLC is not genuine?  The determination here is between you and the judge in a lawsuit.  Suffice it to say, the way you withdraw money must consider the above issues, or you risk breaking the liability shield and becoming personally liable, which means you've been wasting the $25 every year to keep it registered.  The IRS has a word for single member LLCs: \"\"Disregarded entity\"\".  The IRS wants to know that the entity exists and it's connected to you.  But for reporting tax numbers, they simply want the LLC's numbers folded into your personal numbers, because you are the same entity for tax purposes. The determination here is made by you.  *LLCs are incredible versatile structures, and you can actually choose to have it taxed like a corporation where it is a separate \"\"person\"\" which files its own tax return. * The IRS doesn't care how you move money from the LLC to yourself, since it's all the same to them.  The upshot is that while your own lawyer prohibits you from thinking of the assets as \"\"all one big pile\"\", IRS requires you to. Yes, it's enough to give you whiplash.\""}
{"_id": "540375", "title": "", "text": "When a contract is breached by one party, the party who suffers by such breach of contract is entitled to receive from the person who has broken the contract, compensation for any loss or damage that has occurred to him by such breach. Such compensation however cannot be claimed for remote or indirect damages."}
{"_id": "540381", "title": "", "text": "Between the commodity slump in 2014, emerging markets producing huge amounts of cheap products and automation bringing down margins it's not so surprising that we see inflation on the low side of predictions. On top of that, central bank inflation targeting surely has an impact as well in weakening the Phillips curve relationship."}
{"_id": "540389", "title": "", "text": "\"What you're describing is a non-deductible traditional IRA.  That is what happens when your employer 401K or your high income disqualifies gou from using a traditional IRA the normal way.   Yes, non-deductible traditional IRAs are stupid.**   Now let's be clear on the mechanism behind the difference.  There's an axiom of tax law that the same money can't be taxed twice.  This is baked so deep into tax law that it often isn't even specified particularly.  The IRS is not allowed to impose tax on money already taxed, i.e. The original contribution on an ND Trad IRA.  So this is not a new kind of IRA, it is simply a Trad IRA with an asterisk.  **But then, some say so are deductible traditional IRAs when compared to the Roth.   The real power of an ND Trad IRA is that it can be converted to Roth at all income levels.  This is called the \"\"Roth Backdoor\"\".  It combines three factors. Contribute to an ND Trad IRA, stick it in a money market/sweep fund, and a week later convert to Roth, pay taxes on the 17 cents of growth in the sweep fund since the rest was already taxed.  The net effect is to work the same as a Roth contribution - not tax deductible, becomes a Roth, and is not taxed on distribution.   If you already have traditional IRA money that you contributed that wasn't taxed, this really screws things up.  Because you can't segment or LIFO your IRA money, the IRS considers it one huge bucket, and requires you draw in proportion. EEK! Suppose you contribute $5000 to an IRA in a non-deductible mode.  But you also have a different IRA funded with pretax money that now has $45,000.   As far as IRS is concerned, you have one $50,000 IRA and only $5000 (10%) is post-tax.   You convert $5000 to Roth and IRS says 90% of that money is taxable, since it's the same pool of money.  You owe taxes on all of it less the $500 fraction that was pre-taxed, and $4500 of already-taxed IRA remains in the account.  The math gets totally out-of-hand after just a couple of conversions.   Your best bet is to convert the whole shebang at one time -- and to avoid a monstrous tax hit, do this in a gap year.\""}
{"_id": "540394", "title": "", "text": "No, you cannot. The FICA taxes paid are not refunded if you're not reaching the benefits threshold. They're gone. That is why foreigners who are not tax residents (mainly students) are not required to pay them. If your home country has a social security reciprocity agreement with the US - you can have a credit in your home country."}
{"_id": "540395", "title": "", "text": "Alright, IRS Publication 463: Travel, Entertainment, Gift, and Car Expenses Business and personal use. If you use your   car for both business and personal purposes,   you must divide your expenses between business   and personal use. You can divide your expense   based on the miles driven for each purpose. Example. You are a sales representative   for a clothing firm and drive your car 20,000   miles during the year: 12,000 miles for business   and 8,000 miles for personal use. You can   claim only 60% (12,000 \u00f7 20,000) of the cost of   operating your car as a business expense Obviously nothing helpful in the code.  So I would use option 1, weight the maintenance-related mileage by the proportion of business use.  Although if you use your car for business a lot (and perhaps have a spouse with a car), an argument could be made for 3.  So I would consider my odds of being audited (even lower this year due to IRS budget cuts) and choose 1 or 3. And of course never throw anything away until you're room temperature."}
{"_id": "540418", "title": "", "text": "Not an Amazon fanboy by any means, but part of their philosophy is basically that if we don't sell low, somebody else will. The low prices and service ARE the advertising, and the volume helps them push efficiencies further. There isn't anything stopping them from raising prices, but its sort of runs counter to their whole business mantra."}
{"_id": "540421", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/10/20/france-emmanuel-macron-theresa-may-problem-nobody-explained-brexit-consequences-british.html) reduced by 57%. (I'm a bot) ***** &gt; French President Emmanuel Macron told CNBC Friday that the problem that U.K. Prime Minister Theresa May has is that nobody explained to the British people the consequences of a Brexit vote.  &gt; When asked if the European Union would be able to make some verbal concessions to allow May to sell a Brexit deal at home, Macron told CNBC that there&amp;#039;s no room for such unofficial compromises.  &gt; &amp;quot;The objectives are fixed, they&amp;#039;re conducted from the European side by Michel Barnier, and we have to respect that,&amp;quot; Macron told CNBC, referring to the EU&amp;#039;s approach of discussing citizens&amp;#039; rights, financial settlement and the Irish border, before moving on to talks on trade.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77pzsw/nobody_explained_the_consequences_of_brexit_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232167 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **European**^#1 **told**^#2 **Brexit**^#3 **U.K.**^#4 **Macron**^#5\""}
{"_id": "540422", "title": "", "text": "&gt;Yet only $200 billion in new federal spending is specified (and again, this must be balanced against the enormous cuts to public investment already embedded in their overall budget plan). Where does the rest of the funding come from? In a word, nowhere. There is hand waving about leveraging the private sector and vague claims that federal \u201cdivestment\u201d from infrastructure provision will somehow empower state and local governments to do more (but without any new funding source for these governments!). But like Trump\u2019s campaign plan, this is an unserious document meant to sound like an infrastructure investment plan, but one that would radically underinvest in projects overall, and which would prioritize projects that can provide profits to private entities (like toll roads to airports) rather than projects that provide the largest welfare boost to vulnerable communities (say replacing lead-laced water pipes for communities like Flint, Michigan).  Heart of the article"}
{"_id": "540428", "title": "", "text": "I use to think there was something wrong with me because I always hated spending money.  This hatred of spending resulted in me always saving quite a bit of my income. Since I don't enjoy spending it, why am I making and saving it (besides for an emergency fund)?  I've come to the realization that I enjoy my free time more than I enjoy making lots of money.  So I go to work for something to do - and pay the bills - but I am no longer trying to advance my career, or be the best at my profession, or climb some corporate ladder, or be some superstar.  In fact, I'm considering a career change where I would make half of what I'm making now. What's my point?  If having a lot of savings depresses you and you don't enjoy spending it then consider reducing your income."}
{"_id": "540437", "title": "", "text": "Protect competition, not protect competitors.  In a lot of cases in the tech world no one knows who the competitors is a few quarters/years down the road.     Also, enforce regulations against regulation-arbitrage companies like Uber/Lyft, AirBnB, or reg-arb tech like ICO, all of which relied on regulatory leeways allowing them to crush existing companies that's been saddled w/ regulations.     In countries where regulatory arbitrage doesnt exist these 'innovators' fail, e.g., Uber in South Korea."}
{"_id": "540442", "title": "", "text": "\"Repayment of student loans is usually deferred until graduation. Unless you are late or non-performing on a loan, it will make no difference to an auto loan. To get a (normal) auto loan you will need to demonstrate a source of income or have the loan co-signed by someone who does have income. As a general rule of thumb, banks care a lot more about your income than your \"\"credit score\"\".\""}
{"_id": "540451", "title": "", "text": "\"Money is money because people believe it is money. By \"\"believe it is money\"\", I mean that they expect they will be able to turn it into useful goods or services (food, rent, houses, truckloads full of iron ore, mining equipment, massages at the spa, helicopter rides, iPads, greenhouses, income streams to support your future retirement, etc). Foreign exchange rates change because people's ideas about how much useful goods or services they can get with various currencies change. For example: if the Zimbabwe government suddenly printed 10 times as much money as used to exist, you probably couldn't use that money to buy as much food at the Zimbabwe-Mart, so you wouldn't be willing to give people as many US-dollars (which can buy food at the US-Mart) for a Zimbabwe-dollar as you used to be able to. (It's not exactly that easy, because - for instance - food in the US is more useful to me than food in Zimbabwe. But people still move around all sorts of things, like oil, or agricultural products, or minerals, or electronics components.) The two main things that affect the value of a currency are the size of the economy that it's tied to (how much stuff there is to get), and how much of the currency there is / how fast it's moving around the economy (which tells you how much money there is to get it with). So most exchange rate shifts reflect a change in people's expectations for a regional economy, or the size of a money supply. (Also, Zimbabwe is doing much better now that it's ditched their own currency - they kept printing trillions of dollars' worth - and just trade in US dollars. Their economy still needs some work, but... better.)\""}
{"_id": "540457", "title": "", "text": "I'm in an industry where we try to do this every day.  For a long time, I worried that the automating of my job would eventually put me out of work, but I later found out that the automation process always introduces new bugs and issues into the system.  Also, since my company is always expanding its present products, new opportunities for growth are always opening up as well as the need for new talent and people to fix whatever issues arise.  This isn't to say that automation will never make my job obsolete, but I've found that it keeps me on my toes and forces me to continue my education in my field, all of which is a good thing."}
{"_id": "540462", "title": "", "text": "You can make money via stocks in two primary ways: Note that there's no guarantee of either. So it may very well not make you money."}
{"_id": "540485", "title": "", "text": "Their loans and rates are not very good for a credit Union. They are the most bank like in the way they operate (in a bad way).  Customer service has always be excellent the issue I have is with their services. It is very easy to find a better credit Union with far better services."}
{"_id": "540487", "title": "", "text": "Why does it bother you? Company probably invested tons of money to build this embedded system, verify it, and probably certify it with whatever regulators they deal with in banking. Moreover, this is very closed system with no general access to it. For all we know, it can still run DOS, and if it does what it supposed to it is totally fine."}
{"_id": "540516", "title": "", "text": "For now we can pay off our debt in United States dollars. If we lose our reserve currency status, we would have to pay it off with a different currency. If we continued printing money we would be debasing our currency against the new reserve currency, which would mean that after we took on too much debt we wouldn't really be able to pay our creditors back after exchanging our devalued currency for the new one on the international markets. We are lucky enough not to have to worry about this now. But I think OP was referring to all countries in these situations. Other countries don't have the luxury of just printing out massive amounts of money to pay off their debts. That is why I am saying that America has a very disillusioned view of reality when it comes to deficit spending. We wouldn't have that any more if the UN followed through with its suggestion to create a global reserve currency or reverted back to the gold standard (I don't think the second option is nearly as realistic but we never know)."}
{"_id": "540517", "title": "", "text": "If I were planning to move every few years, I'd seriously consider renting, rather than purchasing. And remember - a home isn't an investment, it's a living expense."}
{"_id": "540527", "title": "", "text": "TL:DR: You should read something like The Little Book of Common Sense Investing, and read some of the popular questions on this site. The main message that you will get from that research is that there is an inescapable connection between risk and reward, or to put it another way, volatility and reward. Things like government bonds and money market accounts have quite low risk, but also low reward. They offer a nearly guaranteed 1-3%. Stocks, high-risk bonds, or business ventures (like your soda and vending machine scheme) may return 20% a year some years, but you could also lose money, maybe all you've invested (e.g., what if a vandal breaks one of your machines or the government adds a $5 tax for each can of soda?). Research has shown that the best way for the normal person to use their money to make money is to buy index funds (these are funds that buy a bunch of different stocks), and to hold them for a long time (over 10-15 years). By buying a broad range of stocks, you avoid some of the risks of investing (e.g., if one company's stock tanks, you don't lose very much), while keeping most of the benefits. By keeping them for a long time, the good years more than even out the bad years, and you are almost guaranteed to make ~6-7%/year. Buying individual stocks is a really, really bad idea. If you aren't willing to invest the time to become an expert investor, then you will almost certainly do worse than index funds over the long run. Another option is to use your capital to start a side business (like your vending machine idea). As mentioned before, this still has risks. One of those risks is that it will take more work than you expect (who will find places for your vending machines? Who will fill them? Who will hire those who fill them? etc.). The great thing about an index fund is that it doesn't take work or research. However, if there are things that you want to do, that take capital, this can be a good way to make more income."}
{"_id": "540533", "title": "", "text": "\"There's the question whether knowledge about unannounced products is actually \"\"material\"\" if everyone (the public) knows that something new will be released. If you work at Apple on the development of the iPhone 8, that's not material. If you worked at Apple and you knew that they stopped developing new phones, that would be very, very, very material information.  The important thing as far as the stock market is concerned is what sales look like, and that's not something you know as a product developer.\""}
{"_id": "540539", "title": "", "text": "\"Sure, it's irresponsible for an executor to take actions which endanger the estate.  But what about passivity or inaction?  Put it another way.  Is it the obligation of the executor to avoid making revenue for the estate?  Think about it - what a silly idea!   Consider a 12-unit apartment building full of rent paying tenants.  A tenant gives notice and leaves.  So do 4 more.  With only 7/12 tenants, the building stops being a revenue center and becomes a massive money pit.  Is that acceptable?  Heck no!  Realistically this will be managed by a property management company, and of course they'll seek new tenants, not stopping merely because the owner died.  This situation is not different; the same fiscal logic applies.  The counter-argument is usually along the lines of \"\"stuff might happen if you rent it out\"\"... true. But the stuff that happens to abandoned houses is much worse, and much more likely: squatters, teen \"\"urban explorers\"\", pot growers, copper thieves, winter pipe freeze flooding and wrecking interiors, etc.  Don't take my word on it -- ask your insurer for the cost of insuring an abandoned house vs. a rented one.  Renting brings a chunk of cash that comes in from tenants - $12,000/year on a $1000/mo. rental. And that will barely pay the bills if you have a young mortgage on a freshly purchased house at recent market rates.  But on an old mortgage, renting is like printing money.  That money propagates first to the estate (presumably it is holding back a \"\"fix the roof\"\" emergency fund), and then to the beneficiaries.  It means getting annual checks from the estate, instead of constantly being dunned for another repair.  But I don't care about making revenue (outside of putting back a kitty to replace the roof).  Even if it was net zero, it means the maintenance is being done.  This being the point.  It is keeping the house in good repair, occupied, insured, and professionally managed -- fit and ready for the bequest's purpose: occupancy of an aunt.  What's the alternative?  Move an aunt into a house that's been 10 years abandoned?  Realistically the heirs are going to get tired/bored of maintaining the place at a total cash loss, maintenance will slip, and you'll be moving them into a neglected house with some serious issues.  That betrays the bequest, and it's not fair to the aunts. Rental is a very responsible thing to do.  The executor shouldn't fail to do it merely out of passivity.  If you decide not to do it, there needs to be a viable alternative to funding the home's decent upkeep.  (I don't think there is one).  Excluding a revenue-producing asset from the economy is an expensive thing to do.\""}
{"_id": "540553", "title": "", "text": "\"This question is different because you are asking for actual advice vs. a more academic, \"\"what if\"\" scenario. The answer that I'll give will be different, and similar to another recent question on a similar vein. Basically, if you're living in a European country that's effectively in default and in need of a bailout, the range of things that can happen is difficult to predict... the fate of countries like Ireland and Greece, whatever the scenario, will be economic and social upheaval. But, this isn't the end of the world either... it's happened before and will happen again. As an individual, you need to start investing defensively in a manner appropriate for your level of wealth. Things to think about: I'd suggest reading \"\"A Free Nation Deep in Debt: The Financial Roots of Democracy\"\"\""}
{"_id": "540563", "title": "", "text": "On a 5% mortgage, after 24 months of payments on a 30 yr amortization, you will have paid 3% of the principal, so all else being equal, you have 15% equity. If the value is up, even a bit, the first step is to call the bank. If you are pretty sure it's up enough, ask them to remove PMI in exchange for you paying the appraisal fee. If they hesitate, ask them if you prepay the remaining missing 5%, if they'll pull the fee. 8% of principal is paid by the end of year 5, at which time they have no choice but to remove it. Doing so any sooner is their call.  If they agree to the pre-pay deal, I'd find a way to raise the funds. It will save you over $5000 in a short period. Last, while 5% really is great, especially NPNC, shop around, you may find another no cost deal at the same or lower rate, no harm to look, and they may appraise you at 80% LTV."}
{"_id": "540571", "title": "", "text": "I have been a private tutor on and off for about 30 years, in three countries, so I understand your concerns!  I always kept records as though it was a real business - even if I only had one student I kept records of dates/times/names, and also tracked where the money went (I never spent it straight up - it always got deposited to complete the paper trail; yes, this is paranoia on my part).  I've never been asked to prove anything with regards this income (although I have no Canadian experience). It's always been a case of tell the tax folks and make sure my arse is covered if they come asking questions. Hope this helps."}
{"_id": "540575", "title": "", "text": "GiveDirectly works substantially better than you'd imagine, and is money well spent in terms of unlimited problems and limited resources. But it probably isn't as close to perfect as reports like this make it seem.  As a general idea, financial efficiency is super important but you still need to analyze that the approach the organization takes is effective. Part of the downside of GiveDirectly is based on the fact that your average joe won't always spend money in the perfect manner.   This article is a pretty good critique and links to a more formal study -  https://ssir.org/articles/entry/givedirectly_not_so_fast  Think it's a great organization but the flowery praise may be a bit too optimistic. I sure as shit don't know.   Depends on the mission but quantifying the efficacy of charities and benefit per dollar spent is very difficult. The most economically efficient charity ever is probably a smaller organization that approaches a very concrete simple problem, and has minimal overhead. Best guess would be a food bank run by a convent/monastery."}
{"_id": "540592", "title": "", "text": "First, I assume you understand that 'Cash Offer' doesn't mean you really show up with cash (in a duffel bag...), but is an expression that designates that you don't need a mortgage approval, but have the money in your accounts. The advantages for the seller are With both cases depending on the seller's situation, there can't be a generic answer, and the 'discount' will be all over the place between zero and several percent."}
{"_id": "540595", "title": "", "text": "If you know the VBA language for Excel and can use R well, then you can probably at least get an interview at a quant hedge fund. Add an understanding of how to invest/trade and you would be a pretty decent candidate straight out of undergrad."}
{"_id": "540618", "title": "", "text": "This makes no sense because if those people did not eat those carbs they would have converted the fat into energy instead of storing it.   Both contribute to your calorie intake and unfortunately in western cuisine carbs also happen to generally come with a high amount of fat to flavour it. Eg. Chips, mash, creamy pasta, certain sandwiches and burgers, etc"}
{"_id": "540619", "title": "", "text": "With Mint you are without a doubt telling a third party your username and password.  If mint gets compromised, or hires a bad actor, technically there isn't anything to stop shenanigans.  You simply must be vigilant and be aware of your rights and the legal protections you have against fraud. For all the technical expertise and careful security they put in place, we the customers have to know that there is not, nor will there ever be, a perfectly secure system. The trade off is what you can do for the increased risk.  And when taken into the picture of all the Other* ways you banking information is exposed, and how little you can do about it, mint.com is only a minor increase in risk in my opinion. *See paypal, a check's routing numbers, any e-commerce site you shop at, every bank that has an online facing system, your HR dept's direct deposit and every time you swipe your debit / credit card somewhere. These are all technically risks, some of which are beyond your control to change.  Short of keeping your money in your mattress you can't avoid risk.  (And then your mattress catches fire.)"}
{"_id": "540621", "title": "", "text": "my wife and I own a 2 br/2 bath house on .25 acres in western MA.  We were able to refinance it and now pay about $400 a month in mortgage, and another $350 in taxes each month.  Insurance is $50.    We grow our own produce during the spring/summer/fall and put up a lot of canned stuff and whatnot in October.  We don't eat much meat.  I make about $20k/yr teaching music.  Our 2 year old doesn't go to daycare.  I care for him during the day and pay a babysitter in the evening while I teach.  My wife is a cook and earns slightly more than me.  Our combined income is about $42k/year.  We have savings, investments and no debt.  We do not use credit cards.  We don't shop for the latest gadgets and gizmos.  We look for bargains wherever possible, we go without and we do a lot of barter.  See it is possible to do it.  It takes hard work and creativity"}
{"_id": "540624", "title": "", "text": "\"The words \"\"good\"\" and \"\"bad\"\" are evaluations and are the conclusions which you reach after a chain of thought.  You look at the situation, you identify the problem, you think of a solution, and you offer an evaluation.  So, when you call a policy \"\"good\"\", you jump over any analysis tied to context and facts straight to a conclusion.  Absent the thinking which helped you reach the conclusion, the conclusion itself is worthless.  So, statements like \"\"Taxing the rich more is a good policy\"\" are equivalent to saying [\"\"Fire bad!\"\"](http://www.nbc.com/saturday-night-live/video/weekend-update-segment---frankenstein/n10838?snl=1)  Ultimately, they just tell us how you feel about the policy.  We don't care how you feel about it, we care how you think.\""}
{"_id": "540634", "title": "", "text": "IRS has it spelled out Business or Hobby?"}
{"_id": "540644", "title": "", "text": "When I say the economic rich, I'm referring to those businesses that do not lean on government for their income. They may lobby, and they may do business with government, but they would be profitable with or without government.   A good example is Amazon, a bad example is Lockheed Martin."}
{"_id": "540671", "title": "", "text": "If the work is done in India, then the income arising out of it, is taxable when received by you, and not when it come into India ..."}
{"_id": "540682", "title": "", "text": "\"You really should try reading the article. Your opinion on the title is great and all, but you'd probably ask more relevant questions if you actually knew what we were talking about here.   &gt; Will the taxpayers be given a refund on their tax bills if this deal goesn't through?   No. Are you familiar with taxes in the US at all? That is not something this country does often.   &gt; What else will the tax dollars be spent on ?  Pretty much anything? Money can be spent on many things. Currency in general is a great trade assistant. Are you familiar with how money works?   Seriously. Read the article.   &gt; The reality is, either the state can invest in things that create jobs, or they can spend on things that create nothing.  I mean no, this isn't all that the state can do. That being said, \"\"create jobs\"\" is a huge gray area that doesn't require making horrible financial decisions that will never, ever give a positive ROI. If you think this is literally the only job creating opportunity this state has, or if you can't track that it's even possible for a state to consider more than one thing at a time, I dunno what to tell you.   Also. Read the fucking article. It's like 6 paragraphs. I have no idea why you think that anyone should read your opinion if you can't even put in the time to see what the conversation is about.\""}
{"_id": "540685", "title": "", "text": "&gt; At the end of the day, that stockpiled wealth is still wealth we don't have that the Japanese people can rely upon  At the end of the day, the pile of real goods they worked to send us is real wealth we have that they don't. Bearing in mind that their stockpile of dollars isn't a constraint on the *issuer* of the dollar.  &gt;I'm saying let's actually figure out a method for determining our constraints scientifically in real time, and adapt our policy accordingly!  Sounds good. Going back a ways in the thread, the indicators you want to look at are employment, output and inflation. Slack employment &amp; output with low inflation indicate not enough spending, full employment with little to no output gap and stable prices tells you you have it right and rising inflation tells you it's too high.  To a great degree, finding the mark takes care of itself when fiscal policy is built around strong automatic stabilizers, spending that is counter-cyclical by design."}
{"_id": "540688", "title": "", "text": "\"gatorsrule, First I want to say that I agree with you that the gators rule.  Now, on to economics.  I will try to address each of your points as best I can.   -The lack of \"\"demand\"\" is aggregate demand.  This includes individual spending, corporate spending, government spending, and exports.  Individual spending is down as geerussel pointed out.  Whether or not that is a good thing let's reserve for later.  Next, corporate spending is at all time lows.  The S&amp;P 500 companies have the highest cash on hand ever in history.  Nobody is hiring.  Bond issues are down.  Mergers are down.  Capital is being hoarded.  Third up, government spending.  We all know this is up, but don't rush to add in the fed and bailouts to this number, lets just consider it what the government actually spends into the economy.  Lastly, exports are down because the rest of the world is hurting.  So, 3 out of the 4 components of aggregate demand are down, and there are those that want the government to stop spending as well, which would make it a straight 4 for 4.   -Interest rates.  Well, if you know that aggregate demand is down, that tells you everything you need to know about interest rates.  If companies were borrowing, hiring, expanding, opening plants, etc. etc. etc., then interest rates would naturally rise due to loans being made to these companies.  The fact is that companies are not expanding, and loans are not being made, due to no demand for them.  Bank reserves are at an all time high.  Nobody is willing to take out a loan to grow their business right now because aggregate demand is down so hard.  At the same time the stock market spooked everyone, and on top of it, people are paying down their home mortgages at a record pace.  So you have record low demand for loans, and record high supply of capital (money), so, yeah interest rates are at 1%, effectively 0 if you are in a savings account.   -Devaluing the currency to boost the exports component of the aggregate demand curve seems like it could work, but since the rest of the world is also hurting who are you going to export to?  The corporate sector isn't going to start spending until the consumer is on their feet.  The consumer isn't going to start spending until they get jobs.  Do you see the chinese finger trap here???  The only way out of the riddle is to increase government spending, and history has shown that it works.\""}
{"_id": "540701", "title": "", "text": "You're right.   That's a large part of what I talked about in my post, I just didn't call it that.  The other provision of Title III (aka CROWDFUND Act) is that all the equity has to be purchased through a brokerage or funding portal. I mentioned those in another post in this thread."}
{"_id": "540719", "title": "", "text": "\"Does the company see itself expanding into new product lines or new territories? What is the current predicted growth for the company's earnings for the next 5 years? These would generally be where I'd look for growth in companies. In the case of Costco, there may be a perception of the company as being a \"\"safe\"\" company as the market capitalization for the stock is over $50 billion which is rather large. Thus, there is something to be said for Costco providing a dividend and may well weather the current market for an idea compared to holding funds in money markets that are paying nothing in some cases. There is also something to be said for looking at the industry and sector values that Costco is in where on Yahoo! Finance, I find the P/E for the industry and sector to be 35.05 and 28.47, respectively. Thus, Costco isn't as inflated as the other stocks in the same ballpark for another idea here.\""}
{"_id": "540737", "title": "", "text": "Don't you guys have tollbooths? If the roads is built by a private contractor, it could potentially charge more, or do a cheap job and come back patch the holes 3 years later (and charge twice). There's plenty of ways to make profits."}
{"_id": "540765", "title": "", "text": "Most likely the account funds have been handed over to the government of the state in which the account was established.  Generally it can be recovered if reasonable proof of ownership is provided (which you seem to have).  You should try going to http://unclaimed.org/ and selecting the account's state.  That site is run by the National Association of Unclaimed Property Administrators, and generally selecting the state will take you to the web site of the particular state's unclaimed property department and give information on how to find out about the funds and/or file a claim."}
{"_id": "540799", "title": "", "text": "When there are no buyers, you can't sell your shares, and you'll be stuck with them until there is some interest from other investors. In this link describes clearly: http://www.investopedia.com/ask/answers/03/053003.asp"}
{"_id": "540800", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-07-20/spending-a-lot-on-health-care-is-the-american-way) reduced by 86%. (I'm a bot) ***** &gt; Why? And might we hope to get this spending down? Unfortunately, expensive health care is embedded in the American way of life - more specifically, the American desire to live it up with high consumption.  &gt; Why is American consumption so disproportionate to American GDP? One reason is the relatively low household savings rate, or possibly American net wealth is high relative to GDP. Consumption in the U.S., per capita, measures about 50 percent higher than in the European Union.  &gt; To put it most simply, we Americans spend a lot on health care because we spend a lot period.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pl8ob/spending_a_lot_on_health_care_is_the_american_way/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~175686 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **American**^#1 **consumption**^#2 **spend**^#3 **health-care**^#4 **more**^#5\""}
{"_id": "540806", "title": "", "text": "The 'common sense' in it is that they want the maximum money from you while still suggesting to a quick read that you get away free. Their target is not to make you happy, but to make money of you."}
{"_id": "540811", "title": "", "text": "\"Forget, for the moment, which will pay off most over the long term. Consider risk exposure. You've said that you (hypothetically) have \"\"little or no money\"\": that's the deal-breaker. From a risk-management perspective, your investment portfolio would be better off diversified than with 90% of your assets in a house. Consider also the nature of the risk which owning a house exposes you to: Housing prices are generally tied to the state of the economy. If the local economy crashes, not only could you lose your job, but you could lose a good part of the value of your house... and still owe a lot on your loan. (You also might not be able to move as easily if you found a new job somewhere else.) You should almost certainly rent until you're more financially stable and could afford to pay the new mortgage for a year (or more) if you suddenly lost your job. Then you can worry more about maximizing your investments' rate of return.\""}
{"_id": "540816", "title": "", "text": "\"Price is decided by what shares are offered at what prices and who blinks first.  The buyer and seller are both trying to find the best offer, for their definition of best, within the constraints then have set on their bid or ask. The seller will sell to the highest bid they can get that they consider acceptable. The buyer will buy from the lowest offer they can get that they consider acceptable. The price -- and whether a sale/purchase happens at all -- depends on what other trades are still available and how long you're willing to wait for one you're happy with, and may be different on one share than another \"\"at the same time\"\" if the purchase couldn't be completed with the single best offer and had to buy from multiple offers. This may have been easier to understand in the days of open outcry pit trading, when you could see just how chaotic the process is... but it all boils down to a high-speed version of seeking the best deal in an old-fashioned marketplace where no prices are fixed and every sale requires (or at least offers the opportunity for) negotiation. \"\"Fred sells it five cents cheaper!\"\" \"\"Then why aren't you buying from him?\"\" \"\"He's out of stock.\"\" \"\"Well, when I don't have any, my price is ten cents cheaper.\"\" \"\"Maybe I won't buy today, or I'll buy elsewhere. \"\"Maybe I won't sell today. Or maybe someone else will pay my price. Sam looks interested...\"\" \"\"Ok, ok. I can offer two cents more.\"\" \"\"Three. Sam looks really interested.\"\" \"\"Two and a half, and throw in an apple for Susie.\"\" \"\"Done.\"\" And the next buyer or seller starts the whole process over again. Open outcry really is just a way of trying to shop around very, very, very fast, and electronic reconciliation speeds it up even more, but it's conceptually the same process -- either seller gets what they're asking, or they adjust and/or the buyer adjusts until they meet, or everyone agrees that there's no agreement and goes home.\""}
{"_id": "540832", "title": "", "text": "Well not even in terms of marketing, but how does your management keep in contact with clients and  companies without email? Who does your accounting, hardware maintenance, contracts etc? Heck even most local and state agencies are all digital now. There must be tons of stuff falling through the cracks."}
{"_id": "540834", "title": "", "text": "how does a single employee LLC bring in 500k?  I mean if you want to have it in a low-tax environment, you can probably invest it in something and then pull them out? I don't think you can put away pre-tax earnings to then use on salary costs."}
{"_id": "540859", "title": "", "text": "\"Yes, so what I'm saying is that the balance of $9 left over from your trade surplus, no matter how you invest it in the U.S., even in treasuries or simply as a bank deposit technically counts as an \"\"investment\"\" right?\""}
{"_id": "540875", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-ford-china-idUSKBN19B1RO) reduced by 80%. (I'm a bot) ***** &gt; DETROIT/WASHINGTON Ford Motor Co said on Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.-China trade relations despite recent tensions.  &gt; In January, after U.S. President Donald Trump repeatedly criticized Ford for shipping small-car manufacturing to Mexico, Ford said it would kill plans to build a $1.8 billion Focus plant in San Luis Potosi and instead produce the new Focus at an existing plant in Hermosillo.  &gt; No U.S. jobs will be affected by shifting Focus production to China, Ford said, adding that it employs more U.S. hourly workers and builds more vehicles in the United States than any other automaker.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ikh12/ford_bets_on_low_oil_prices_moves_focus/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~149211 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Ford**^#1 **vehicle**^#2 **China**^#3 **United**^#4 **us**^#5\""}
{"_id": "540882", "title": "", "text": "&gt; Um... I wonder why Monsanto has a provision in their licensing contracts to restrict purchasers from replanting seeds from year to year? Must be because no one ever replants seeds...  Quality control.  The second generation is not consistent  Control on patent license to prevent theft.    &gt;Go have a look at the Monsanto vs Schmeiser case.   I take it that you get your information from activist blogs, because if you actually read that case you would know that Schmeiser was guilt of patent theft.  The fact that you cite this case marks you as deeply uniformed about the ag industry.  ***  Like I said, if your knowledge of the TPP is a high quality as your knowledge of agriculture...."}
{"_id": "540888", "title": "", "text": "I've asked myself that question many times but this problem seems like by far the most likely reason I didn't get an offer. The behavioral interview went smoother than any interview I've ever done before and I really clicked with the interviewer. The other case in this round was pretty easy. I wrote out all my calculations, verbalized my thought process at all times, and the numbers i got in the first case worked out perfectly, with the interviewer basically confirming I had gotten it right.   In this case my interviewer's nonverbal cues were telling me I was doing it wrong throughout the entire second section, and like I said, he basically seemed to give up on letting me try to work it out with a good chunk of time still left in the allotted time. I'm also sure I was a serious candidate for the job as the company had spent a fairly large amount of money flying me out to their headquarters, putting me up in a hotel and paying for my meals. Competition was pretty fierce as far as their backgrounds vs mine but this case really seemed to have been the real cause of my undoing."}
{"_id": "540911", "title": "", "text": "You would think that share prices is just a reflection of how well the company is doing but that is not always the case. Sometimes it reflects the investor confidence in the company more than the mere performance. So for instance if some oil company causes some natural disaster by letting one of there oil tankers crash into a coral reef then investor confidence my take a big hit and share prices my fall even if the bottom line of the company was not all that effected."}
{"_id": "540912", "title": "", "text": "Reach out to Attitude for driving to receive the best automatic driving lessons. We commit to teaching you the proper techniques so you are safe on the road. We will also brief you about the various aspects of driving which means we cover both theory and practical lessons."}
{"_id": "540917", "title": "", "text": "You should talk to a lawyer who's familiar with the matter. I'm not such a lawyer. For the best of my understanding, at least with regards to the US, the answer to all three of your questions is no. Legally, a US company cannot employ Iranian residents and transfer money to Iran. However, I know of Iranians working in the US. So if you manage to secure a H1b visa and move to the US - you can work and earn money here. What you do with it after you earned it - is your business."}
{"_id": "540919", "title": "", "text": "The highest growth for an investment has historically been in stocks. Investing in mature companies that offer dividends is great for you since it is compound growth. Many oil and gas companies provide dividends."}
{"_id": "540929", "title": "", "text": "Check with you local bank where you have an account. Sometimes they can offer a discount that results in a good rate.  I just refinanced a month ago with Bank Of America and their rates were very competitive.  What set them aside from the rest was their low closing fees. Otherwise I would shop around on bankrate.com and it will show you results of both local and online mortgage brokers.  It will list the rates and expected fees.  The also list an average national rate so you can compare the rate you are considering and see if there could be a better deal elsewhere."}
{"_id": "540931", "title": "", "text": "\"They could have printed 5.0T or 10.0T or 1000 quadrillion. It doesnt make any difference for the steps a Central Bank takes. They choose a figure based on balancing inflation vs interest rates.  The legal powers Central Banks or IMF have do vary (i.e. to perform quantitative easing, purchasing company bonds, purchasing retail bank bonds) but they all follow that principle. Their tools are very limited and theyre legally obligated to seek certain targets like \"\"inflation between 0 to 2%\"\"\""}
{"_id": "540936", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.houstonchronicle.com/business/columnists/tomlinson/article/Retail-workers-will-be-the-next-unemployment-11263625.php) reduced by 90%. (I'm a bot) ***** &gt; If Amazon succeeds, the fate for retail workers is clear: massive unemployment.  &gt; Average retail workers, who earn little more than minimum wage plus commission, do not typically have any advanced training or higher education that qualifies them to fill vacant high-tech jobs.  &gt; &amp;quot;People who are working in retail are going to need to do something different, and they need to figure out where their aptitude is, and what their interest is. And they are going to need to do something quickly.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lh15v/retail_workers_will_be_the_next_unemployment/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~160117 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **retail**^#2 **job**^#3 **program**^#4 **shop**^#5\""}
{"_id": "540937", "title": "", "text": "\"The money is not subject to tax because it was deposited. You can deposit money as much as you like, that's not what is triggering the tax. What is triggering the tax is the sale itself, and it has already happened. If your friend is taxed for capital gains under the Spanish tax law - then this money is already taxable, and not paying the tax due is tax evasion. Depositing the money may indeed trigger an investigation that will lead to evasion charges, but it would not be the depositing the money that was against the law. Not depositing the money doesn't mean you will avoid investigation, it just means that the authorities may learn about it in a different way and charge you with additional crimes while at it (money laundering, fraud, whatever). Keeping large amounts of cash brings additional complications and dangers. The more people knowing about it (and they will, as you spend it), the higher chances are for you to \"\"split\"\" it with some robber or thief. I suggest talking to a licensed tax accountant in Spain about whether the sale of the flat is taxable in Spain or not. If it is - pay the taxes due and be done with that.\""}
{"_id": "540948", "title": "", "text": "\"It is impossible to start the story with when \"\"Adam fucked eve\"\" for the benefit of every individual every single time.  if the plot does not make sense to you, perhaps it addresses a part of the the very vast economy that is unrelated to you, post something constructive in a thread you get or keep up with the plot.  We are debating the pressures having a fucking moron in the white house has on the economy.\""}
{"_id": "540959", "title": "", "text": "Credit history is built over time, so paying this loan off immediately wouldn\u2019t do much if anything for you.   Best thing to do is to start with a low limit credit card and pay it off every month. You\u2019ll build favorable history and avoid interest.   Check r/personalfinance for more advice."}
{"_id": "540968", "title": "", "text": "\"&gt; The best teachers make hundreds of thousands, if not millions of dollars, in private educational institutions.  1. I am sure some teachers do, and that these teachers are far better than average. But teacher pay correlates with a lot of other things, like seniority.   2. \"\"Education\"\" is not just one thing, and it is sometimes closer to a private good and sometimes closer to a [public good](http://en.wikipedia.org/wiki/Public_good). Education-as-status is a private good (which is why private schools can afford to pay prestige-bringing teachers a lot of money). Education-as-human-capital is in some cases also a private good (e.g., most of the benefits for graduate business education accrues to the student, so externalities are negligible); but in other cases it is probably not (e.g., it's better for everyone if everyone else is literate and numerate, so there are externalities involved in basic education). And civic education is an almost public good (the benefits of voting thoughtfully only exist if many people do it, and they are spread largely evenly throughout society).  Right now the government has a hand in funding all of these. This may or may not be a good idea (whether from the standpoint of pure efficiency or from the taxation-is-theft).  But in your opinion, which of the above educations could plausibly be funded adequately without taxation?  Edit: fixed link\""}
{"_id": "540986", "title": "", "text": "Absolutely.  It does highly depend on your country, as US brokerages are stricter with or even closed to residents of countries that produce drugs, launder money, finance terror, have traditional difficulty with the US, etc. It also depends on your country's laws.  Some countries have currency controls, restrictions on buying foreign/US securities, etc. That said, some brokerages have offices world-wide, so there might be one near you.  If your legal situation as described above is fortunate, some brokers will simply allow you to setup online using a procedure not too different from US residents: provide identification, sign tons of documents.  You'll have to have a method to deliver your documentation in the ways you'd expect: mail, fax, email. E*Trade is the best starter broker, right now, imo.  Just see how far you can go in the sign-up process."}
{"_id": "541032", "title": "", "text": "i would check out why other people make good money on the market when they invest but when i do it the economy goes into a recession. am i the only real person in the world and everyone is a simulation? is it black magic? is it the universe telling me to earn my money in other ways?"}
{"_id": "541054", "title": "", "text": "Keep it simple: mutual funds (preferably index, low fee or ETF linked funds) do make a nice start for your little princess college fund.  You dont need a real fortune to offset the trading cost of an online broker but if your really going to take advantage of dollar cost averaging, you might want to invest into a trusted fund company.  Do your research, it is worth it. Ignore what the investment salesman is saying, he works for his wealth, not yours.  A good DIY strategy, either joint with your own retirement account agregate or on a low cost index fund will make wonders.  Keep in mind to be resilient: you will cash out when the princess will be in college in 20 yerars. Make sure to make proper time horizon investment and allocation.  Cheers, All the best. Feel free to edit"}
{"_id": "541083", "title": "", "text": "If you have ever had to relocate an office, then you know how complex and challenging the procedure can be. A profitable office move needs advanced planning and precise accomplishment to reduce the downtime and minimize the possibility of revenue loss. In this relate, with aid of a reputed office movers Nyc, your business can enhance effectiveness and minimize the problems related with office shifting."}
{"_id": "541085", "title": "", "text": "I'm not sure cost of capital would decrease that substantially. I have a feeling people still need to find a home for their money - as such it'll simply lower interest rates in order to offset the loss of deduction. IMO it would be quite inflationary.  Edit: I do not think this is a good idea, to be clear."}
{"_id": "541088", "title": "", "text": "There is a limit a company can live up to when it relies on innovation as a competitive advantage in tech and consumer electronics. Apple has reached that limit and it's looking desparate.   It's high time Apple diversified into different businesses while their brand is hot and positioned themselves appropriately. What more can you innovate on smartphone, tablet or laptop that your competitor cannot do?"}
{"_id": "541094", "title": "", "text": "I recently was offered $1/hr raise. I turned it down because 1.)I had been looking for other jobs and the extra $150 per month wasn't enough money to keep me from exploring other options so it would look bad to take a raise and leave a month later. You never want to burn bridges. 2.) Raises aren't given out everyday. The business I work for is having financial troubles and the $1/hr was probably the best they could do at the time. If business picks up and they can afford to give me more money they won't do it because the record will show that I just got a raise.  One good extra is that your boss will be flabergasted that you just turned down a raise and you may gain a lot of respect from your superiors. Don't confuse strategically turning down a raise and letting others sway your opinion because they don't wanna cough up the cash."}
{"_id": "541126", "title": "", "text": "&gt;**Firms responded to this act by significantly increasing repatriations from foreign affiliates.** This paper analyzes the impact of the tax holiday on firm behavior. It controls for endogeneity and omitted variable bias by using instruments that identify the firms likely to receive the largest tax benefits from the holiday. Repatriations did not lead to an increase in investment, employment or R&amp;D\u2014even for the firms that lobbied for the tax holiday stating these intentions. Instead, a $1 increase in repatriations was associated with an increase of approximately $1 in payouts to shareholders.        Offhand, that's all I would think that they were going to do.  If you remove a tax from something, you effectively get more of it.  You're removing a tax on *bringing capital home to the US.*   This is a good thing no matter what is done with it, because it means our money isn't being used to build up another country.        With the dividend being returned to stock holders, you have to realize that retirement plans are the biggest holders of dividend paying stock.  Your parents, your grandma, just got a raise.  Since they're living on fixed income, this has a very high stimulative effect.  They buy something nicer at the grocery.  They give their kids and grandkids a $20.  This improves the economy from the bottom up.  This is undoubtedly a good thing, and certainly much better than keeping that money overseas."}
{"_id": "541136", "title": "", "text": "Parkland Real Estate has some of the most pristine sceneries in Florida and is a primary place for families and individuals to reside. Not sure how to start the process of buying a home in Parkland? We will be more than happy to assist you with any real estate related issues that you might have."}
{"_id": "541144", "title": "", "text": "If you paid by debit/credit card, there is an expiration period to the authorization the seller is given by the merchant processor, although that timeframe is dictated by the credit card company/bank, merchant processor, and sometimes by state law.   That being said, the other posters are correct that technically, once you authorize  charge, the seller has the right to expect fulfillment of the agreement, that you would pay them X dollars for Y product."}
{"_id": "541145", "title": "", "text": "\"TL;DR: Because stocks represent added value from corporate profits, and not the price the goods themselves are sold at. This is actually a very complicated subject.  But here's the simplest answer I can come up with.  Stocks are a commodity, just like milk, eggs, and bread.  The government only tracks certain commodities (consumables) as part of the Consumer Price Index (CPI).  These are generally commodities that the typical person will consume on a daily or weekly basis, or need to survive (food, rent, etc.).  These are present values. Stock prices, on the other hand, represent an educated guess (or bet) on a company's future performance.  If Apple has historically performed well, and analysts expect it to continue to perform, then investors will pay more for a stock that they feel will continue pay good dividends in the future.  Compound this with the fact that there is usually limited a supply of stock for a particular company (unless they issue more stock). If we go back to Apple as an example, they can raise their price they charge on an iPhone from $400 to $450 over the course of say a couple years.  Some of this may be due to higher wage costs, but efficiencies in the marketplace actually tend to drive down costs to produce goods, so they will probably actually turn a higher profit by raising their price, even if they have to pay higher wages (or possibly even if they don't raise their price!).  This, in economics, is termed value added. Finally, @Hart is absolutely correct in his comment about the stocks in the S&P 500 not being static.  Additionally, the S&P 500 is a hand picked set of \"\"winners\"\", if you will.  These are not run-of-the-mill penny stocks for companies that will be out of business in a week.  These are companies that Standard & Poor's Financial Services LLC thinks will perform well.\""}
{"_id": "541152", "title": "", "text": "I would also consider unnecessarily complex investment strategies a big warning sign as they can easily hide poor investment advice or a bad strategy. This is especially the case when it comes to retail investment as complex strategies can have so many moving parts that you, as someone with a day job, can't spend enough time on it to keep an eye on everything and you only spot issues when it's too late. Other bugbears:"}
{"_id": "541153", "title": "", "text": "&gt;leptokurtotic  That's a term I don't hear tossed around too often.  I would tell you given the fact that you have assumption about the shape of the distribution it is relatively easy to correct for kurtosis, but I'm not near PHd math so I am sure you are capable.  One question, do you always assume that shape? or just because of the sample period?  I only ask because over the long term we generally assume the returns of stocks are normalized on a weekly or monthly scale.  Or do you assume the shape because the leveraged short fund creates it?  Did you write the article you linked?"}
{"_id": "541161", "title": "", "text": "\"&gt;He said the amendments he was introducing to a spending bill were necessary because of the Republican president's \"\"unprecedented failure to divest from his business, and the ongoing entanglement between the Trump Organization and the White House.\"\"  this whole thing defies description\""}
{"_id": "541163", "title": "", "text": "That's a weak excuse.\u00a0 What other companies in other countries pay in tax is irrelevant after profit.\u00a0 Competition already took place to garner that cash.\u00a0 US companies should want to pay taxes in their country and the government should invest it in this country.\u00a0 Hell of a dream huh?\u00a0 Cash is useless sitting in tax havens."}
{"_id": "541171", "title": "", "text": "\"But when you focus just on taxes on work, as the OECD does in a new report out this morning, the U.S. starts looking a little less like a low-tax paradise. The total \"\"tax wedge\"\" -- which measures \"\"the difference between labour costs to the employer and the corresponding net take-home pay of the employee\"\" -- was 31.7 percent of labor costs for the average single U.S. worker with no children in 2016, higher than in 10 other OECD countries.  https://www.bloomberg.com/view/articles/2017-04-11/why-the-u-s-overtaxes-labor   https://www.ssa.gov/oact/progdata/taxRates.html\""}
{"_id": "541189", "title": "", "text": "WTF - she worked as a Temp and still they were trying to stop her going anywhere else?  These agreements are very one sided and demonstrate disproportionate market power.  If someone is THAT valuable, they should be working harder to keep them and paying them properly, rather than forcing them to not work competitively.  And seriously, and I don't mean to demean the skills of your friend, but a Dental Hygienist? How much damage to a business can she do if she goes to work for another dentist?"}
{"_id": "541219", "title": "", "text": "\"Generally \"\"default\"\" means that the company cannot pay off their debts, and since debt holders get paid before equity holders, their equity would be effectively worthless. That said, companies can emerge from Chapter 11 bankruptcy (reorganization) and retain equity value, but it is rare. Most times, stocks are de-listed or frozen on stock exchanges, and company's reorganization plan will cancel all existing equity shares, instead focusing all of their attention on paying back as much debt as possible. If the company issues new equity after reorganizing, it might provide a way for holders of the original equity to exchange their shares for the new equity, but it is rare, and the value is usually significantly less that the value of the original equity.\""}
{"_id": "541280", "title": "", "text": "You can call it a stock rating of say between 0 to 5 or 0 to 10 or whatever scale you want to use.  It should not be called a recommendation but rather a rating based on the criterial you have analysed. Also a scale from say 0 to 5 is better than using terms like buy, hold and sell."}
{"_id": "541283", "title": "", "text": "\"&gt; Yes, I want data about Chinese opinion of Trump. I\u2019ve provided data for India and many other countries. &gt;  &gt;  &gt;  &gt; I know asking a trumptards to back up what they say is a bit too much for you, but that\u2019s generally the standard required to make an educated assessment. &gt;  &gt;  &gt;  &gt; If I were you I\u2019d shut the fuck up about things I don\u2019t understand and can\u2019t support with data.  I didn't vote for Trump.  I wonder how much else you're wrong about. I'm betting most of it, Mr. \"\"everyone else needs data but I can make sweeping generalizations so shut the fuck up\"\".\""}
{"_id": "541292", "title": "", "text": "OP seems pretty objective throughout this whole thing. He's provided evidence on why this could be a false claim but had also called out individuals who makes claims with no backing evidence.  It's possible to not choose a side and have your own agenda."}
{"_id": "541298", "title": "", "text": "I would like to add one minor point for clarity: Cosigning means that you, alongside your friend, enter into a contract with the bank. It does not necessarily mean that you now have a contract with your friend, although that could implicitly be concluded. If the bank makes use of their contracted right to make you pay your friend's debts with them, this has no effect on your legal relationship with your friend. Of course, you can hold him or her liable for your damages he or she has caused. It is another question whether this would help you in practice, but that has been discussed before."}
{"_id": "541302", "title": "", "text": "\"&gt;first is that investors are perfectly rationale allocators of capital.  Yes, they are rational, and far superior to the government.  &gt; that excess capital is invested - at all  It is either invested, or converted to consumption that Hanauer claims to be so important  &gt;that taxation (presumably what is considered \"\"high\"\") has caused unproductive investing practices, when in fact the inverse is true  nonsense, and stupid. unworthy of further comment  &gt;have resulted in the incentive for investors to sit on their capital and do nothing to return it to the system.   wrong. people don't sit on cash.  &gt;that investing profits back into expansion and worker compensation is misallocation of resources.   Yes, it absolutely is unless the people in charge have determined that the ROI is sufficient. Without adequate reward, you are literally just burning money.  &gt;giving precedence to the relatively elite investor class ensures that capital is allocated according to their whims  You mean retail investors and pension funds? yeah, so elite, such whims. You act like stock holders are all fat cats smoking cigars in a country club.  &gt;and often times that simply means into their bank accounts.  Wow, such retardation:  - rich people don't just leave mountains of cash in bank accounts  - even if they did, the bank would be using that money to fund loans, etc, so it's still \"\"in the system\"\"  &gt;i would like others to know that what you are saying is widely debunked, chicago school nonsense   You sound like a very pretentious liberal who wants very badly for the reality of economics to not be true because it conflicts with your political beliefs  &gt;a few hours of unbiased research will make this evident  everything in your post is written is a jaw-droppingly pretentious style, almost like you see yourself as posing for the cover of the New Yorker as one of those fat cats you despise\""}
{"_id": "541313", "title": "", "text": "Since you are considering dumping your savings into your student loans when they are equal, you should go ahead and do it now.  You will immediately reap the benefit of paying less interest per month.  Also, your minimum monthly payments will decrease so if you had unexpected expenses pop up, you could shrink your payments for a limited time.  If you don't have emergency expenses, more of your regular monthly payment will go toward the principle of your loan and pay it off faster. Make a goal to get your savings back up as soon as you can after your loans are paid off.  In the mean time, see what other things you can cut back on like eating less expensive food or switching to a less expensive phone plan.  If you have stuff you don't need anymore, try selling it on Craiglist or eBay.  Or just focus on doing more at work so you can get a raise.  These things are not necessary, but it's a good feeling to be able to shave another month or two off paying a debt."}
{"_id": "541315", "title": "", "text": "If you took advantage of options like a home buyers plan (HBP) you definitely need to file since you must designate how much of the plan to repay.  Your employer does not know about what you do with your money so cannot take this into account for the withheld taxes.  If you do not report repayment of the HBP it will be treated as a withdrawal from your RRSP i.e. additional income for that tax year."}
{"_id": "541321", "title": "", "text": "\"The relative value of Gold (or any other commodity) as measured against any given currency (such as the USD), is not a constant function either. If you have inflationary pressure, the \"\"value\"\" of an ounce of gold (or barrel of oil, etc) may \"\"double\"\", but it's really because the underlying comparator has lost \"\"half\"\" its value.\""}
{"_id": "541326", "title": "", "text": "Here is a bit more on this:  * /r/changelog: [Domains can be blocked from being submitted](http://www.reddit.com/r/changelog/comments/umx99/reddit_change_domains_can_be_blocked_from_being/). * /r/BannedDomains: [Reddit is now banning entire high-quality domains, using an unpublished list](http://www.reddit.com/r/BannedDomains/comments/v08ho/reddit_is_now_banning_entire_highquality_domains/).  In part this appears to be reaction to editors at these publications spamming links to their publications and manipulating the upvotes, like [this guy at The Atlantic](http://www.dailydot.com/society/atlantic-slaterhearst-jared-keller-reddit/).  It does seem a bit much, especially considering that there were some interesting articles at The Atlantic and Business Week that I wouldn't mind seeing on Reddit, so I hope that this is only a temporary fix while a more permanent solution is being worked on."}
{"_id": "541335", "title": "", "text": "Yes, you should own a diverse mix of company sizes to be well diversified. While both will probably get hit in a recession, different economies suit different sized companies very differently in many cases, and this diversity positions you best to not only not miss out in cases where small companies do better out of recessions than large, but also in environments where small companies rate of growth is larger in bull markets."}
{"_id": "541363", "title": "", "text": "While there could be other factors, the chart at the top made me not want to read the article... it's a gain of less than 0.1% in a year in a growing economy.    Keep this up and they'll be screwed by 2040."}
{"_id": "541366", "title": "", "text": "&gt; If you can't cough up $200 for this, you need to rethink if you are in business or playing at being in business.  You don't know anything about my financial situation and I resent the implication that poor people shouldn't start businesses.  Also, the whole project is less than $200 so it wouldn't make much sense hiring a lawyer."}
{"_id": "541368", "title": "", "text": "I've seen many buyouts in my own portfolio, including the company I worked for.  There have been several different scenarios: The terms of the deal are subject to the deal -- frankly whatever makes sense to the buyer and that is accepted by the seller. So sometimes brokers charge reorganization fees.  check into those for your broker.  I've not seen one in a while, but my brokerage account is substantial, and often that's a perk they offer higher-value accounts. Also watch out for taxes.  The transaction where my employer was bought by another publicly traded company -- we got bit because the IRS treated it as a taxable transaction, and all our RSUs were effectively sold and then repurchased.  So we ended up with a big tax bill (capital gains) without any cash to offset the big tax bill.  I suspect its because my old employer was a US based company, whereas the new company is not."}
{"_id": "541377", "title": "", "text": "During mergers they try to create efficiencies.  Typically these efficiencies happen in the office, one HR person instead of two, less secretaries, less middle managers.  The number of maintenance people is normally based off of the number of properties.  You likely will be safe in your position, but no one knows for sure."}
{"_id": "541383", "title": "", "text": "Not necessarily, the whole reason the investors ousted him so frantically is because they're perilously close to a down round, which would have a domino effect on its valuation. The consequences of the past year and its massive cash-burn could be long term."}
{"_id": "541386", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/17/business/dealbook/student-loan-debt-collection.html) reduced by 85%. (I'm a bot) ***** &gt; Other large student lenders, like Sallie Mae, also pursue delinquent borrowers in court, but National Collegiate stands apart for its size and aggressiveness, borrowers&amp;#039; lawyers say.  &gt; National Collegiate&amp;#039;s beneficial owner, Mr. Uderitz, hired a contractor in 2015 to audit the servicing company that bills National Collegiate&amp;#039;s borrowers each month and is supposed to maintain custody of many loan documents critical for collection cases.  &gt; A random sample of nearly 400 National Collegiate loans found not a single one had assignment paperwork documenting the chain of ownership, according to a report they had prepared.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o3vdd/student_loan_forgiveness_due_to_lost_paperwork/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~169942 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Borrower**^#1 **loan**^#2 **National**^#3 **case**^#4 **Collegiate**^#5\""}
{"_id": "541391", "title": "", "text": "The signature actually harks back to the days before every business checked every transaction online. When charge cards were introduced modems didn't exist. Nowadays, stolen credit cards are usually reported within 24 hours and the card won't work. Businesses that face low fraud rates don't bother checking. They probably figure that a certain percentage of charges get charged back because the cardholder claims that they didn't make them, and the credit card company usually just passes the cost on to the merchant, so it's really the merchant who should be worried about fraud since he or she is going to pay for it.  The real question for the merchant is whether checking signatures actually reduces charge backs.  If the credit card is stolen, how hard would it be for thieves to practice the signature on the card a few times until they can reproduce it well enough to fool someone? Businesses that face high fraud rates are often more careful. In New York City, try buying some Nikes on 34th Street, and you'll get your signature checked, your driver's license checked, and they'll call up your 5th grade social studies teacher."}
{"_id": "541420", "title": "", "text": "Marion is definitely in a terrible position, but I have feeling she could use some personal finance advice on money because she has serious leaks in her budget that aren't account for. Also, I think, with two kids, she fits the description of people who are recipients of large IRS tax refund."}
{"_id": "541421", "title": "", "text": "\"My question to you would be \"\"When is the market down?\"\" I know that a lot of people attempt to do this and never get close.   With 40 years left to retirement, I would have you consider to just invest in the manner that you are most comfortable and let dollar cost averaging do the rest.\""}
{"_id": "541450", "title": "", "text": "Possession is 9/10 of the law, and any agreement between you and your grandfather is covered under the uniform commercial code covering contracts.  As long as your fulfilling your obligation of making payments, the contract stands as originally agreed upon between you and the lender.  In short, the car is yours until you miss payments, sell it, or it gets totalled.  The fact that your upside down on value to debt isn't that big of a deal as long as you have insurance that is covering what is owed."}
{"_id": "541458", "title": "", "text": "\"That would be a very *evil* move on Google's part. As a Firefox user close to 100% of my searches are done through the built-in search bar, which is set to Google by default. That's got to be worth something surely.   Besides which, I don't really see what Google has to gain by having their browser \"\"kill\"\" Firefox. Their goal should be a healthy ecosystem of standards-compliant browsers, all the better to keep the web open so they earn more money.\""}
{"_id": "541469", "title": "", "text": "I have looked at the conditions of a car rental company, and I believe it provides the answers: Upon pick up of your vehicle, you must present a valid credit card (*)   used to make the booking and which must be in the driver\u00b4s name. If   you do not have a valid credit card we will accept your debit card   when you pick up your vehicle. However, as we cannot reserve credit to   cover the potential damage or refueling costs, you will need to take   SuperCover and a fuel tank of fuel at the start of the rental. We will   refund the value of the unused fuel at the end of the rental unless   otherwise agreed with you. (*) VISA, MasterCard and American Express   are accepted. Credit card or Third Party Insurance IMPORTANT: In case of damage, we   will charge you the incurred amount up to the excess. You will then   need to reclaim this amount from the provider of the credit card or   third party insurer. We strongly recommend that you fully read and   understand the terms and conditions of any cover provided by your   chosen provider before you decline any of our optional services.   Without our SuperCover, should you damage the vehicle during your   rental period, we will charge you the corresponding amount up to the   excess, regardless of whether you can subsequently reclaim this amount   from the provider of the credit card or the third party insurer. In   the event you would like to dispute any of the above mentioned charges   you should send your request by mail or email to the Firefly location   state on your rental agreement. https://global.fireflycarrental.com/qualifications-ES.html From that, we can conclude that : It's likely that disputes with customers in case of damage cost a lot to car rental companies, and for the 2 above reasons, demanding a credit card may alleviate it."}
{"_id": "541474", "title": "", "text": "You'd think people would understand how capital and R&amp;D expenditures work on /r/business. If this wasn't a default sub way back in the day, I don't think we'd have this as the top comment about a company that exclusively sells 6-figure cars with 5-figure margins."}
{"_id": "541485", "title": "", "text": "\"Spain is THEFT and murder. Greece is MURDER and theft. Italy is murder and theft. So is Germany and Japan and the US and Africa and everyone else except me. That's how come I know I'm special.  How can you evil fuckheads defeat me?  Why should a responsible nation be forced to subsidize an irresponsible nation? Because, FUCK YOU, that's why. Apparently.  Let's get rid of the \"\"leaders\"\" and get down to the business of deciding who is the WINNER! Wouldn't you rather be DEAD than the LOSER? EZPZ! You CAN be dead if you're the loser!  Let's all square off. The Whites, the niggers, the Jews, The asians, et al...and fight it out for ULTIMATE CORRECTNESS!!\""}
{"_id": "541489", "title": "", "text": "\"your country sucks. India fucking sucks. Let's get that out of the way?  Why? Because you are all scummy people who are scammy spammers. Your country is a third world country still because of its \"\"ME FIRST YOU NEVER\"\" mentality.  Reported as fucking spam you stupid cunt.\""}
{"_id": "541494", "title": "", "text": "The least amount of experience that a company has, the least it will be prepared to offer its clients. Audio Visual Hires can accompany a number of components such as lighting, sound, staging, custom set designs, plasma screens, and projectors."}
{"_id": "541512", "title": "", "text": "\"From the article, hueypriest says &gt;You can\u2019t have democracy if people can rig the ballot box.  You don't get rid of elections in that situation!  You ban the people who are ballot stuffing (not rigging)!  I can think of many other ways to punish people/sites who are trying to cheat.  IIRC, you already can't submit more than a certain number of links in a certain time-frame.  I wouldn't want to limit the number of times someone can submit per day, but how difficult would it be (I really don't know) to check out the top 100 submitters to see if they are \"\"real\"\" people?  That they're not submitting the majority of their links from the same sources?  Instead of banning quality sites like The Atlantic and Business Week, I'd much rather see a DEFINED time period in which only x-number of links to their sites can be made per day.  Or even per hour.  &lt;-- might make more sense so that not only articles from early in the day show up.  I strongly support efforts being made to make sure reddit doesn't become Digg, but I don't think this is it.\""}
{"_id": "541520", "title": "", "text": "Agreed. It will always be a fringe device. Have you ever used a Roku? The UI sucks, and you cant even get full use out of it unless you:   1. Have cable and hook up all of your channels to it; or  2. Install a custom firmware (illegal) that gives you all of the channels and content anyway.   A lot of people cut cable and buy a Roku to find out that it sucks."}
{"_id": "541528", "title": "", "text": "I'm in the same position as you. I've found YouTube to be a great resource, as well as reading things from outlets like the WSJ. Having a close friend in a target school studying finance also helps a ton, as I have someone to talk to casually about things, as well as ask questions.  Check out [this](https://www.youtube.com/playlist?list=PLUl4u3cNGP63B2lDhyKOsImI7FjCf6eDW) playlist on YouTube. I've seen the professor (Lo) mentioned more than once in articles in the WSJ. He's written some books too that I'd like to read. I haven't watched that whole playlist, but the first few videos are helpful.  Martin Shkreli's YouTube channel is a great resource. It's mentioned constantly on this sub. His finance lessons as well as his weekly podcast are great. I also like to listen to (via YouTube Red) talks given by execs like Ackman, Gray, Simons, Dalio, etc. [this](https://www.youtube.com/channel/UCVJalJNQWimC2zWrIHR_bSQ) channel uploads tons of interviews and talks that I find interesting. They can get repetitive, but I find it fun to listen to these guys.   You can also get a student membership to the American Finance Association for free. Academic papers are still way above my level, but if you really get into it, those could be fun.  You can subscribe to email newsletters for some free content. Almost Daily Grant's is a good one, the normal journal costs like 2k a year.   Feel free to message me."}
{"_id": "541534", "title": "", "text": "You can't be serious? You're seriously coming in here to discuss how a third world country is generally less well off than a member of the EU and a first world country and you're going to quote the HDI. In other news the sky is blue, water is wet, the snosberries taste like snosberries and you're wasting my time and yours. I'm going to disengage now. In fact... I think you're just flame baiting by jacking the top comment on this thread so i'm going to delete this very shortly."}
{"_id": "541550", "title": "", "text": "The four points mentioned above (without reading the paper in greater detail) all emphasize modern day balance sheet analysis. We should not conflate that with earnings analysis all of a sudden are a thing of the past and no longer valuable."}
{"_id": "541566", "title": "", "text": "\"Define \"\"risk-sensitive\"\": The point is, define Your risk, and your choices will narrow. Some investors worry more about what next months statement will show & lose sleep over it; some investors do not want to miss the average historical rates of return for equities (stocks) and are willing to tolerate fluctuations in monthly statements.\""}
{"_id": "541574", "title": "", "text": "Every American has benefited from a decrease in cost of goods. Some may also have lost, and some may well have lost more than they gained, but everyone has gained.  It feels like four years ago or so all anyone cared about was cost of goods, and no one cared about worker's wages. Now it's flipped, and no one cares about cost of goods. Radical idea: all relevant  factors matter."}
{"_id": "541578", "title": "", "text": "GENIX was started by Joel Greenblatt back in 2013, so it is a real life test of the strategy. GENIX got off to a great start in 2013 and 2014 (probably because investors were pumping money into the fund) but had a terrible 2015, and lagging in 2016. Since inception it has under-performed an S&P 500 index fund by about 1.90% per year. The expense ratio of the fund is 2.15%, so before expenses GENIX still has a slight edge, but Greenbatt is doing much better the fund's investors. I think GENIX could be an OK investment if the expense ratio were reduced from 2.15% to around 0.50%, but I doubt the fund will ever do that."}
{"_id": "541588", "title": "", "text": "Mitesh Khatri truly stands out in his performance of that of a corporate trainer, motivational speaker and leadership trainer. He doles out the most inspirational speeches and messages which holds the power to bring transformation in individuals as well as in the enterprise looking to evolve and revive the base of their work culture.  http://www.agreatertown.com/india_un/mitesh_khatri_0003501314"}
{"_id": "541595", "title": "", "text": "\"I think so.  I am doing this with our furniture.  It doesn't cost me any more money to pay right now than it will to pay over the course of 3 years, and I can earn interest on the money I didn't spend. But know this: they aren't offering 0%, they are deferring interest for 3 years.  If you pay it off before then great, if you don't you will owe all the accumulated interest. The key with these is that you always pay it, and on time.  Miss a payment and you get hosed.  If you don't pay on time you will owe the interest that is being deferred.  They will also be financing this through a third party (like a major bank) and that company is now \"\"doing business with you\"\" which means in the US they can call you and solicit new services.  I am willing to deal with those trade offs though, plus, as you say, you can always pay it off. WHY THEY DO IT (what is in it for them...) A friend of mine works for a major bank that often finances these deals here is how they work. Basically, banks do this to generate leads for their divisions that do cold calls.  If you are a high credit, high income customer you go to a classic bank and request cash, if you are building credit or have bad credit, you go to a \"\"financial services\"\" branch.  If you tend to finance things like cars and furniture, you get more cold calls.\""}
{"_id": "541608", "title": "", "text": "Opening up a new bank account and converting all your Euro's to USD is not a bad idea in the slightest.  It is certainly possible to do, however you most likely won't be able to get the spot rate for USD/EUR (http://finance.yahoo.com/q?s=USDEUR=X).  Even though you will get a worse rate, I would be much more comfortable with this than holding Euro's in the coming months."}
{"_id": "541640", "title": "", "text": "lol information overload  how about we share some of our frequent reads?  i personally read Mike Shedlock's blog for global macro trends, albeit his content is leaning a bit to perma-bear  and mercenary traders for trading related contents. I absolutely love their articles on trading systems,mentality etc etc. It played a critical role in building my very own profitable trading system, and forging the trader mindset i have today. I would not have gone far without these guys."}
{"_id": "541664", "title": "", "text": "\"CP14h Shared Responsibility payments for Health Care should be paid online at IRS.gov/payments using the Health Care - Form 1040 selection for the appropriate tax year. A normal CP14 is paid online using the \"\"Tax Return or Notice (1040)\"\" selection.\""}
{"_id": "541682", "title": "", "text": "If you are paid by foreigners then it is quite possible they don't file anything with the IRS. All of this income you are required to report as business income on schedule C.  There are opportunities on schedule C to deduct expenses like your health insurance, travel, telephone calls, capital expenses like a new computer, etc... You will be charged both the employees and employers share of social security/medicare, around ~17% or so, and that will be added onto your 1040.   You may still need a local business license to do the work locally, and may require a home business permit in some cities.  In some places, cities subscribe to data services based on your IRS tax return.... and will find out a year or two later that someone is running an unlicensed business.  This could result in a fine, or perhaps just a nice letter from the city attorneys office that it would be a good time to get the right licenses. Generally, tax treaties exist to avoid or limit double taxation. For instance, if you travel to Norway to give a report and are paid during this time, the treaty would explain whether that is taxable in Norway.  You can usually get a credit for taxes paid to foreign countries against your US taxes, which helps avoid paying double taxes in the USA.   If you were to go live in Norway for more than a year, the first $80,000/year or so is completely wiped off your US income.  This does NOT apply if you live in the USA and are paid from Norway. If you have a bank account overseas with more than $10,000 of value in it at any time during the year, you owe the US Government a FinCEN Form 114 (FBAR).  This is pretty important, there are some large fines for not doing it.  It could occur if you needed an account to get paid in Norway and then send the money here... If the Norwegian company wires the money to you from their account or sends a check in US$, and you don't have a foreign bank account, then this would not apply."}
{"_id": "541705", "title": "", "text": "I'm not a tax expert, but I think you mean Form 4562, right? If you acquire the laptop in the year for which you're filing taxes, then it is just that simple.  (At least according to my reading of 4562 instructions, and my history of accepted tax returns where I've done this for my own business.) If, however, you acquired the laptop in a previous year and have already depreciated it previously (with the plan to spread over several years), there is more complexity I believe -- you may limited in how you could accelerate the remaining depreciation."}
{"_id": "541709", "title": "", "text": "The percentage of gross income is a quick and easy way to arrive at the rough ballpark figure of the mortgage one can afford. The net income is something which one does not know offhand. If you want to seriously evaluate then most of the standard mortgage calculators will ask you to enter your gross income, your other liabilities like Auto Loan, Student Loan, personal Loan, Card Payments, Any other regular payments like Child Support etc. After factoring all these one arrives at the actual mortgage one can afford. As is evident, the above requires a good amount of calculation and hence the preffered method becomes on the basis of gross income."}
{"_id": "541713", "title": "", "text": "\"Aesthetics aside, laminate floor is attached to the floor and as such is a part of the building. So you depreciate it with the building itself, similarly to the roof. I believe the IRS considers these permanently attached because the foam itself is permanently attached, and is a part of the installation. To the best of my knowledge, the only flooring that is considered as a separate unit of property is tucked-in carpet or carpet pads (typically installed in commercial buildings, not homes). Everything else you'll have to prove to be an independent separate unit of property. Technically, you can take the tucked in carpet, and move it elsewhere as-is and be able to install it there assuming the size fits. You cannot do it with the foam (at the very least you'll need a new foam cover in the new location since you cannot take the foam with you from the old one). That's the difference between a \"\"separate unit of property\"\" and \"\"part of the building\"\". Note that the regulations in this area have changed significantly starting of 2014, so you may want to talk to a professional.\""}
{"_id": "541718", "title": "", "text": "Leveraged ETFs are prone to volatility decay, also known as leverage decay: http://blog.quantumfading.com/2009/07/12/measuring-leveraged-etf-decay/ You can increase your chances by using a non-leveraged short ETF like TBF or simply shorting the long ETF. Beware: shorting bonds ETFs will result in you having the pay the dividends, which can be substantial. Edit: SBND has recently appeared on the market. It is leveraged 3x monthly. In theory, monthly leverage should be less destructive than daily leverage."}
{"_id": "541725", "title": "", "text": "While visit of Beijing, which is in the north of china and you fill yourself with the remarkable memory of Acrobatic shows and you return astonished by witnessing the incredible moves in the shows. There are travel agencies which make your travel smoother and help you to book and reach to the show location easily."}
{"_id": "541729", "title": "", "text": "\"Two suggestions: I don't know if you have them in South Africa, but here we have some TV reality shows where a credit consultant visits a family that is deeply in debt and advises them on how to get out of it. The advice isn't very sophisticated, but it does show the personal impact on a family and what is likely to happen to them in the future. \"\"All Maxed Out\"\" is the name of the one I remember. \"\"Till Debt Us Do Part\"\" is another, which focusses on married couples and the stress debt puts on a marriage. If you can find a similar one, loan him a few episodes. Alternatively, how about getting him to a professional debt counsellor?\""}
{"_id": "541730", "title": "", "text": "Consider the case where a stock has low volume.  If the stock normally has a few hundred shares trade each minute and you want to buy 10,000 shares then chances are you'll move the market by driving up the price to find enough sellers so that you can get all those shares.  Similarly, if you sell way more than the typical volume, this can be an issue."}
{"_id": "541755", "title": "", "text": "It's just a diner with relatively cheap, familiar food. I imagine they do better in less urban areas where there are fewer options. There is one in Chicago where I live but no one has any reason to go there except for the novelty."}
{"_id": "541770", "title": "", "text": "&gt;Like the company or not (I do not)  really? that's just FASCINATING that someone on reddit doesn't like Walmart. You are in such stark contrast to the Walmart love-fest that usually happens here. Can I just say that you are SO BRAVE"}
{"_id": "541778", "title": "", "text": "Or valued like a company that is likely to lead the transition to EVs.  What most people miss: to make 1M EVs/year you need at least 50GWh in batteries/year. This is an amount you cannot buy anywhere. Not even if you're Mercedes or BMW or GM. The only solution is to build dedicated factories for this, and that takes 3-5 years.  Tesla has the forethought to realize this is the bottleneck and they moved early. So in 2020 each of the other car makers can maybe source enough batteries for 100K cars/year, while Tesla will make their own to the tune of 1M cars/year.  This will change eventually, of course. But not anytime soon."}
{"_id": "541783", "title": "", "text": "One big pie chart.  Traditional (pretax) 401(k) and IRA, Roth 401(k) and IRA, and non-tax favored accounts. All of these need to be viewed holistically, the non-favored money is where I'd keep cash/low return safe instruments, Roth IRA for highest growth."}
{"_id": "541809", "title": "", "text": "\"No, your business cannot deduct your non-business expenses.  You can only deduct from your business income those reasonable expenses you paid in order to earn income for the business. Moreover, for there to be a tax benefit, your business generally has to have income (but I expect there are exceptions; HST input tax credits come to mind.) The employment income from your full-time job wouldn't count as business income for your corporation. The corporation has nothing to do with that income \u2013 it's earned personally, by you. With respect to restaurant bills: These fall under a category known as \"\"meals & entertainment\"\".  Even if the expense can be considered reasonable and business-related (e.g. meeting customers or vendors) the Canada Revenue Agency decided that a business can only deduct half of those kinds of expenses for tax purposes. With respect to gasoline bills: You would need to keep a mileage and expense log. Only the portion of your automobile expenses that relate to the business can be deducted.  Driving to and from your full-time job doesn't count. Of course, I'm not a tax professional.  If you're going to have a corporation or side-business, you ought to consult with a tax professional. (A point on terminology: A business doesn't write off eligible business expenses \u2014 it deducts them from business income.  Write off is an accounting term meaning to reduce the value of an asset to zero. e.g. If you damaged your car beyond repair, one could say \"\"the car is a write-off.\"\")\""}
{"_id": "541822", "title": "", "text": "\"You can call them \"\"middle class values\"\" if you want but it's just being smart. Teen pregnancy is one of the dumbest decisions you can make. There is no 'survival' in having a kid at 16. This article and many scholars reference studies that show following these rules will lead most out of poverty. Sure there are some that follow and they still won't get out. these rules can be followed without the government doing anything. School is free and mandatory until about 16. The individual in poverty can get out. It's impossible to support a family on minimum wage, but you could support yourself. Hence why you shouldn't have a kid before 21/marriage.\""}
{"_id": "541823", "title": "", "text": "After retirement nobody want to get low on cash. So, the best way to stay safe is to make some investments. Compare the saving with regular expenses and invest the rest. You can put some money in short-term reserves such as bank accounts, market funds, and deposit certificates. You will not be able to make much money on it but, it will ensure the financing of at least two to three years. There\u2019s no need to take the money out from stocks but, if the stocks are doing good and there is a possibility that there will be no further profits then you can think of taking them out otherwise leave it alone."}
{"_id": "541854", "title": "", "text": "check out The Art of R Programming. There are PDFs floating around for free or you could even buy the book. I've dabbled in Octave but I've only heard Andrew Ng and his online students talk about it."}
{"_id": "541856", "title": "", "text": "Is there anything here I should be deathly concerned about? I don't see anything you should be deathly concerned about unless your career outlook is very poor and you are making minimum wage. If that is the case you may struggle for the next 10 years. Are these rates considered super high or manageable? The rates for the federal loans are around twice as high as your private loans but that is the going rate and there is nothing you can do about it now. 6.5% isn't bad on what is essentially a personal loan. 2-3% are very manageable assuming you pay them and don't let the interest build up.  What is a good mode of attack here? I am by no means a financial adviser and don't know the rest of your financial situation, but the most general advice I can give you is pay down your highest interest rate loans first and always try to pay more than the minimum. In your case, I would put as much as you reasonably can towards the federal loans because that will save you money in the long run. What are the main takeaways I should understand about these loans? The main takeaway is that these are student loans and they cannot be discharged if you were to ever declare bankruptcy. Pay them off but don't be too concerned about them. If you do apply for loans in the future, most lenders won't be too concerned about student loans assuming you are paying them on time and especially if you are paying more than the minimum payment.  What are the payoff dates for the other loans? The payoff dates for the other loans are a little hard to easily calculate, but it appears they all have different payoff dates between 8 and 12 years from now. This part might be easier for someone who is better at financial calculations than me. Why do my Citi loans have a higher balance than the original payoff amounts? Your citi loans have a higher balance probably because you have not payed anything towards them yet so the interest has been accruing since you got them."}
{"_id": "541858", "title": "", "text": "Still, there are numerous people who believe hiring an off-site office for accounting need is compromising the security which is not true. We understand the internet is full of threats but this is not applicable over Xero bookkeeping services and service providers."}
{"_id": "541865", "title": "", "text": "The general rule is to spend as little as possible on transportation, as it is an expense. Many people can get by without a car at all, but you say you can not. So, what you need is the cheapest car that is sufficiently reliable for your needs. I suggest you do not need three cars. You don't need to loan cars to your children; if they need a car, they can get a job and buy one, or borrow your reliable vehicle if (but only if) you are not using it. I would suggest, then, selling two of your vehicles and holding on to one for your daily commute. Pick the car you judge to be the most reliable. However, not all decisions are made purely rationally. My vehicle is a 2012 Subaru Forester. AWD is very nice in my snowy climate, but I could have picked up a second hand vehicle for a lot less money. Similarly, you may choose to hold on to a second or even a third vehicle because you judge it a reasonable use of your money. It's an unnecessary expense, but so is coffee and you can have my coffee when you pry it from my cold, dead fingers. More generally, there's a rule of 28/36. Roughly speaking, that says that a household should spend a maximum of 28% of its gross income on housing expenses (mortage, heating, etc. etc.), and no more than 36% on total debt (the aforementioned housing, plus also car loans, credit cards, and other loan repayments). If you are spending significantly more than that, it's time to seriously consider selling one or two of your cars, plus cutting back elsewhere. If you are significantly below that, the fact that you may be underwater on your home may be a far less pressing matter."}
{"_id": "541874", "title": "", "text": "On Friday morning, Amazon shares open with a bounce of 8 percent against Thursday\u2019s closing. This increase added $ 7 billion in the net worth of the company\u2019s head Jeff Bezos. But on the other hand, Microsoft\u2019s shares increased by just 7 percent, due to which Jeff became the richest person in the world once again, surpassing Bill Gates.Registration Begins Nov 7  current business news - wikifeed  According to a Forbes report, the increase of 2 percent in Ajman\u2019s shares increased the total assets of Bezos by $ 90 million and became the world\u2019s richest man. Their assets increased to $ 90.6 billion, which is slightly higher than Bill Gates\u2019s assets ($ 90.1 billion)"}
{"_id": "541886", "title": "", "text": "\"&gt; At what point do people's bad decisions stop being society's burden to bear? If I decide to take on insurmountable debt because I don't know any better, should everyone else be forced to pick up the tab? That may sound heartless, but it's not.  She isn't asking for society to bear her burdens. She's asking for society to pay her a reasonable wage for her labor.   &gt; A $15/hr minimum wage would ruin our economy and cause a lot more suffering and homelessness.  So you read the article, but then chose to ignore all the arguments showing that this would not, in fact, ruin the economy? Tell me - when drug companies hike the prices of essential medicine, do you also argue that it would \"\"ruin our economy\"\" or \"\"cause a lot more suffering\"\"? Or do you just shrug and go \"\"they're charging what the market will bear\"\"?  Why is that for folks like you, it's always fine if companies raise prices; but if employees want a higher wage, it's an outrage?\""}
{"_id": "541898", "title": "", "text": "[Scripps Networks](https://en.wikipedia.org/wiki/Scripps_Networks_Interactive), not to be confused with the [E.W. Scripps Company](https://en.wikipedia.org/wiki/E._W._Scripps_Company), owns HGTV, Travel Channel, Food Network, DIY Network, Great American Country, and Cooking Channel. They also own Polish broadcaster TVN and a 50% stake in British broadcaster UKTV."}
{"_id": "541914", "title": "", "text": "At the end of the day - it is not moral to hire someone to put a gun to someone else's head to pay off your debt. The ends should never justify the means if you are an honorable person. I believe in personal responsibility and freedom. Capitalism is the reason why people fled to the US and why t has become the wealthiest country with the best standard of living in history in record time.   Your telling me Europe is doing great right now? Is that a joke? What about socialist countries like Venezuela and Greece?"}
{"_id": "541928", "title": "", "text": "American options (like those on ADBE) can be exercised by the holder anytime before expiration. They will be exercised automatically at expiration if they are in the money. However, if there is still time before expiration (as in this case), and they are not extremely in the money, there is probably extrinsic value to the option, and you should sell it, not exercise it. European options are only automatically exercised at expiration, and only if they are in the money. These are usually cash settled on products like SPX or VIX. They can not be exercised before expiration, but can be sold anytime."}
{"_id": "541939", "title": "", "text": "\"IMO: If you look long and hard enough at your data you're going to bump into these kinds of \"\"patterns\"\". There is no \"\"curse of 7\"\".  \u201cLooking at the chart makes you want to hide under your desk when you see it, but remember this is only a sample size of 11, and the average performance is greatly skewed by big drops late in 1907, 1937, 1957, and 1987. Also, consider that 1907, 1937, and 1957 were all recessionary years, and equities had run up 40% for the year in August 1987, so a pullback was not surprising.\"\" [Quote](https://lplresearch.com/2017/08/11/the-curse-of-years-ending-in-7/)\""}
{"_id": "541963", "title": "", "text": "Where is the revenue? I can't see how Reddit can be profitable given how poor it is as an advertising platform, and how its core user base loves ad blockers. This seems like yet another valuation based on projected hypothetical earnings, using user activity as a metric. Yes, that *might* translate into earnings later. Or it might not.   What am I missing?  Ps having witnessed the rise and fall of Digg, after they said very similar things about re-skinning their site, I hope they don't mess this up.   PPs I don't know about anyone else, but I hardly ever use Reddit desktop. Mobile app only for me."}
{"_id": "541982", "title": "", "text": "&gt; and you can't buy anything with them  not true at all.  gold converts to ANY/EVERY currency in the world  look, I don't care what you do.  your question was how to make $500 into more.  my answer is one answer.  but I encourage you to [follow the price of gold and silver](http://www.infomine.com/investment/metal-prices/gold/) from time to time (weekly?) to see the path I predicted  here are two videos to help you learn  https://www.youtube.com/watch?v=MvBCDS-y8vc  https://www.youtube.com/watch?v=XRphHg87uSc"}
{"_id": "541991", "title": "", "text": "As a general principle the stock price on the stock market is controlled by an agreement between buyers and sellers. Some initial observations on this stock So, my take on this is one/more of the following My suspicion is the latter."}
{"_id": "541998", "title": "", "text": "Requiring providers to post costs for their 50 most common procedures in a standardized way, along with requiring standardized pricing regardless of payer would go a long way to actually addressing the market problems of American healthcare.   Which parties are in favor of this?  Not a fucking one."}
{"_id": "542004", "title": "", "text": "Have you checked to make sure that your card isn't at the limit, or at risk of expiring soon?  Maybe PayPal has a policy to reject credit cards with expiry dates that fall within their buyer/seller protection periods? But to answer your question, no, I've never had this happen to me before."}
{"_id": "542021", "title": "", "text": "I think that's a very good point, but I feel that with pharmaceuticals there's less room to push back far enough on prices to count. Manufacturers know that the real people being hurt by threatening sales are the patients and regular people that need them the most."}
{"_id": "542022", "title": "", "text": "You need to set your status as self-employed the day you started online work. If that date is a little ambiguous (as is usually the case with online business), you can start with the day you first made any money. Yes, you can deduct expenses from your revenue. But you have to be sure that the expenses were purely business related.  This is how it goes: You inform HMRC about the day you started work. HMRC will assign you a UTR (Unique Tax Reference) number. Depending on how much you make you might or might not need to pay Class 2 NI contributions. You'll need to tell HMRC how much you expect to earn in the current tax year. Finally, you'll need to complete a Self-Assessment at the end of the tax year. I highly recommend setting up a business banking account. Here is a link that discusses being part-time self-employed in the UK."}
{"_id": "542024", "title": "", "text": "Will buying a flat which generates $250 rent per month be a good decision? Whether investing in real estate is a good decision or not depends on many things, including the current and future supply/demand for rental units in your particular area. There are many questions on this site about this topic, and another answer to this question which already addresses many risks associated with owning property (though there are also benefits to consider). I just want to focus on this point you raised: I personally think yes, because rent adjusts with inflation and the rise in the price of the property is another benefit. Could this help me become financially independent in the long run since inflation is getting adjusted in it? In my opinion, the fact that rental income general adjusts with 'inflation' is a hedge against some types of economic risk, not an absolute increase in value. First, consider buying a house to live in, instead of to rent:  If you pay off your mortgage before your retire, then you have reduced your cost of accommodations to only utilities, property taxes, and repairs. This gives you a (relatively) known, fixed requirement of cash outflows. If the value of property goes up by the time you retire - it doesn't cost you anything extra, because you already own your house. If the value of property goes down by the time you retire, then you don't save anything, because you already own your house. If you instead rent your whole life, and save money each month (instead of paying off a mortgage), then when you retire, you will have a larger amount of savings which you can use to pay your monthly rental costs each month. By the time you retire, your cost of accommodations will be the market price for rent at that time. If the value of property goes up by the time you retire - you will have to pay more on rent. If the value of property goes down by the time you retire, you will save money on rent. You will have larger savings, but your cash outflow will be a little bit less certain, because you don't know what the market price for rent will be. You can see that, because you need to put a roof over your own head, just by existing you bear risk of the cost of property rising. So, buying your own home can be a hedge against that risk. This is called a 'natural hedge', where two competing risks can mitigate each-other just by existing. This doesn't mean buying a house is always the right thing to do, it is just one piece of the puzzle to comparing the two alternatives [see many other threads on buying vs renting on this site, or on google]. Now, consider buying a house to rent out to other people:  In the extreme scenario, assume that you do everything you can to buy as much property as possible. Maybe by the time you retire, you own a small apartment building with 11 units, where you live in one of them (as an example), and you have no other savings. Before, owning your own home was, among other pros and cons, a natural hedge against the risk of your own personal cost of accommodations going up. But now, the risk of your many rental units is far greater than the risk of your own personal accommodations. That is, if rent goes up by $100 after you retire, your rental income goes up by $1,000, and your personal cost of accommodations only goes up by $100. If rent goes down by $50 after you retire, your rental income goes down by $500, and your personal cost of accommodations only goes down by $50. You can see that only investing in rental properties puts you at great risk of fluctuations in the rental market. This risk is larger than if you simply bought your own home, because at least in that case, you are guaranteeing your cost of accommodations, which you know you will need to pay one way or another. This is why most investment advice suggests that you diversify your investment portfolio. That means buying some stocks, some bonds, etc.. If you invest to heavily in a single thing, then you bear huge risks for that particular market. In the case of property, each investment is so large that you are often 'undiversified' if you invest heavily in it (you can't just buy a house $100 at a time, like you could a stock or bond). Of course, my above examples are very simplified. I am only trying to suggest the underlying principle, not the full complexities of the real estate market. Note also that there are many types of investments which typically adjust with inflation / cost of living; real estate is only one of them."}
{"_id": "542025", "title": "", "text": "On a personal note if this was a piece of technological achievement I do not think it should forever hold a patent. I do believe mankind is more important than one man. However this is a fictional character and anyone can make one any time. You do not have to steal the name so you can ride the star powered train to riches based on somebody else's property."}
{"_id": "542051", "title": "", "text": "There are many ways of investing either directly or indirectly in oil: all of these options are ways to invest in an expected change in the price of oil at various degrees of directness and risk profiles. Investing in derivative or derivative-like products such as futures and CFDs is very risky and requires a good degree of sophisticated knowledge to manage."}
{"_id": "542069", "title": "", "text": "I would love to assist you. It\u2019s funny that even when I got my MBA I still didn\u2019t know how to make money. I believe education is going to be mainly on line in the future. Just let me know how I can help. My email is wilkinsd@aol.com (yes I\u2019m old school). Also can be reached via text at 205-394-4242."}
{"_id": "542071", "title": "", "text": "\"Industry hates:  The mandate to consider \"\"natural\"\" nitrites as not nitrites.  The mandate to label many ingredients as \"\"natural flavors,\"\" rather than what they are.  Many deceptive standards of identity, which are often out-dated.  Mandated serving sizes, based on out-dated census information.  And so on, and so on, and so on. You're making assumptions based on how you feel. I'm making accurate statements based on over a decade in the industry.\""}
{"_id": "542073", "title": "", "text": "I know some people see Obama as a lesser evil, but personally I prefer to vote for as little evil as possible and that is not Obama. Many of the things Obama allows or orders is a continuation of bad policy, most of all extrajudicial and extralegal assassinations and killing of people around the world, not least of all drone attacks and the dozen official and secret conflicts we're involved in today.   I will not give my personal stamp of approval for a person that does that."}
{"_id": "542075", "title": "", "text": "\"Echoing that bank fees are mostly \"\"because they can\"\", although partly this is because simply holding onto the money doesn't really pay enough for the physical infrastructure of branches, ATMs and staff. So like a budget airline they make it up on additional fees. But that document doesn't actually say they charge 3% for currency conversion! It's \"\"0.20% of transaction amount\"\" for currency conversion, which is not bad (although watch out for the \"\"spread\"\" between buying and selling rates). I see \"\"International POS/ATM Transaction Fee 3% of transaction amount\"\", which is very different. That's a card fee. The big issue with these is fraud - your card number suddenly being used in a different country will nearly always trigger extra fraud checks. It also involves a much more complicated settlement process. I'm more unimpressed with the monthly service charges and the huge $85 fee for international wire transfers.\""}
{"_id": "542098", "title": "", "text": "\"In addition to the information in the other answer, I would suggest looking at an economic calendar. These provide the dates and values of many economic announcements, e.g. existing home sales, durable orders, consumer confidence, etc. Yahoo, Bloomberg, and the Wall Street Journal all provide such calendars. Yahoo provides links to the raw data where available; Bloomberg and the WSJ provide links to their article where appropriate. You could also look at a global economic calendar; both xe.com and livecharts.co.uk provide these. If you're only interested in the US, the Yahoo, Bloomberg, and WSJ calendars may provide a higher signal-to-noise ratio, but foreign announcements also affect US markets, so it's important to get as much perspective as possible. I like the global economic calendars I linked to above because they rate announcements on \"\"priority\"\", which is a quick way to learn which announcements have the greatest effect. Economic calendars are especially important in the context of an interview because you may be asked a follow-up question. For example, the US markets jumped in early trading today (5/28/2013) because the consumer confidence numbers exceeded forecasts (from the WSJ calendar, 76.2 vs 2.3).  As SRKX stated, it's important to know more than the numbers; being able to analyze the numbers in the context of the wider market and being aware of the fundamentals driving them is what's most important. An economic calendar is a good way to see this information quickly and succinctly.  (I'm paraphrasing part of my answer to another question, so you may or may not find some of that information helpful as well; I'm certainly not suggesting you look at the website of every central bank in the morning. That's what an economic calendar is for!)\""}
{"_id": "542122", "title": "", "text": "What country do you live in where Republicans can pass anything?  Democrats are on a Warren/Sanders tear and they are capable of blocking, especially if 2018 goes the way everyone expects.  Tying Trump to the banks wouldn't even require effort on their part."}
{"_id": "542127", "title": "", "text": "If you are considering the addition of Farm Fencing, you should weigh your options carefully. Contact your homeowner's insurance carrier before you finalize your decision. Find out what height of security fence will reduce your premium the most. This will ensure that you reap all of the benefits from the expense of adding an aluminum security fence to your property."}
{"_id": "542139", "title": "", "text": "First of all $1k is not enough money to start a web business.  You're probably going to lose all your money, your business and your friendship.  Second of all you need to retain a lawyer.  I really can't emphasize this enough.  If a lawyer is too expensive for you, then THIS BUSINESS IS TOO EXPENSIVE FOR YOU.  If you don't have the money, then you don't have the time.  When you say it's his idea - did he come to you with a fully written business plan?  Even if he did, that's not really worth 20% of the equity.  I would insist on 50/50 if the capital is 50/50, and salary to whoever is working on it.  You're not going to have profits in the first year.  Let me repeat that.  YOU'RE NOT GOING TO HAVE PROFITS IN THE FIRST YEAR.  Things never, ever, EVER work that way.  Or ok they do but it's like 1%.  It's not going to happen to you."}
{"_id": "542144", "title": "", "text": "\"Uh yeah so basically these banks are full of shit.  Is what this sentence **really** means: (from article)  &gt;Thomas Hoenig, vice chairman of the FDIC, spoke plainly about the FDIC and Federal Reserve\u2019s findings. He said, \u201cDespite the thousands of pages of materials these firms submitted, the plans provide no credible or clear path through bankruptcy that doesn\u2019t require unrealistic assumptions and direct or indirect public support.\"\"\""}
{"_id": "542163", "title": "", "text": "\"I'd love to kmow why your thinking is at it is, given the now documented facts regardless of the failed propaganda, with examples of reasons why Afghanistan needed to be invaded. Saddam was bad, but is he, for example, as bad as Saudi murdering tens of thousands of Yemenis with Us and UK supplied arms? Creating a gigantic cholera epidemic, just as an aside...   Oh, and how did Saddam's WMDs work out for you? Was it lies or just \"\"crap intelligence\"\"? The same intelligence agencies are \"\"protecting\"\" 5 eyes countries now?.......  The only way I'll believe international justice exists ([minus Malaysia agreeing the invasion was illegal and Blair and Bush should be tried for war crimes](https://en.m.wikipedia.org/wiki/Kuala_Lumpur_War_Crimes_Commission)), is when Blair and Bush are put before an international and independent tribunal, where the evidence of their crimes is allowed  to come out.9\""}
{"_id": "542166", "title": "", "text": "Both of the other answers are correct and good answers, but I think neither directly answers your question. No, you do not need to pay additional taxes on the wedding gifts simply because of the fact that they are going into a Roth IRA.  Similarly, if you put them into a traditional IRA, that amount would be deductible (assuming you met the other criteria, including minimums and maximums of earned income, in both cases).  The act of putting money into a Roth IRA is not what makes it taxable; its original source is.  Roth simply does not reduce your current taxes any, whereas a traditional IRA would. The seeming exception to this is when rolling money from a tax-deductible source to a non-tax-deductible destination, such as transferring money from a Traditional IRA or 401(k) to a Roth IRA or 401(k).  Then, the taxable event is really the distribution from the Traditional IRA or 401(k), not the deposit into a Roth IRA or 401(k), though of course if you rolled a 401(k) over to a traditional IRA it would not be taxable."}
{"_id": "542180", "title": "", "text": "\"Maybe not the official solution satisfying int'l convention / legislation, but at least has some logic to it (though I myself am not 100% convinced as yet): Liabilities ! ... but is it really a liability? Rationale: And simultaneously ups my liabilities: since what difference does it make if I borrow some money (to use it or not use it, repay later) or if someone just wants to \"\"store\"\" some money with me: w.r.t. balance sheet I'd say: zero... ... with the one caveat that it might make a difference w.r.t. taxation ?\""}
{"_id": "542194", "title": "", "text": "The earlier you are in your career, the more willing you should be to take a better opportunity even if it has a short-term financial cost.  You go to college even if McDonald's has an opening.  After college you may take an entry level job with better long-term prospects even if a higher paying job is available.  You may train for some professional qualification. Having expenses you have to pay limits your flexibility to do this.  A variable rate loan that goes up later may give you the freedom to make better decisions early on.  Thus in this case it may be worthwhile. That said - be very wary of variable rate loans.  Unless you have iron discipline, they give the opportunity to bury yourself."}
{"_id": "542213", "title": "", "text": "\"From the IRS perspective, there's no difference between \"\"your taxes\"\" and \"\"your sole proprietorship's taxes\"\", they're all just \"\"your taxes\"\". While I could see it being very useful and wise to track your business's activities separately, and use separate bank accounts and the like, this is just a convenience to help you in your personal accounting, and not something that needs to relate directly to how tax forms are completed or taxes are paid. When calculating your taxes, if you want to figure out how much \"\"you\"\" owe vs. how much \"\"your business\"\" owes, you'll have to do so yourself. One approach might be just to take the amount that your Schedule C puts as income on your return and multiply by your marginal tax rate. Another approach might be to have your tax software run the calculations as though you had no business income, and see what just \"\"your personal\"\" taxes would have been without the business. If you think of the business income as being \"\"first\"\" and should use up the lower brackets rather than your personal income, maybe do it the other way around and have your software run the calculations as though you had only the business income and no other personal/investment income, and see what the amount of taxes would be then. Once you've figured out a good allocation, the actual mechanics of paying some \"\"personal tax amount\"\" from your personal bank account and some \"\"business tax amount\"\" from your business bank account are up to you. I'd probably just transfer the money from my business account to my personal account and pay all the taxes from the personal account. Writing two separate checks, one from each account, that total to the correct amount, I'm sure would work just fine as well. You can probably make separate payments from each account electronically through Direct Pay or EFTPS as well. As long as all taxes are paid by the deadline, I don't think the IRS is too picky about the details of how many payments are made.\""}
{"_id": "542216", "title": "", "text": "Thank you grimlock99 for voting on metric\\_units.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "542231", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [McDonalds is staying with the times](https://np.reddit.com/r/talkbusiness/comments/78qe5u/mcdonalds_is_staying_with_the_times/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "542242", "title": "", "text": "\"Think about it this way: prop desks wouldn't exist if trading didn't work.     Part of trading is adapting.  That includes algos, manipulation, housing crashes, etc.  On a practical side, you have to find a way to make money or else you won't last long.  I have heard that it takes longer for new traders to be protifable, but that's second/third hand.   Personally, my first few years were tough, but I still think it's better to try to achieve something and fail than to be content in mediocrity.  Despite wanting to quit a couple times and thinking, \"\"I should be doing better\"\", I stuck through it and it's worked out pretty well.\""}
{"_id": "542252", "title": "", "text": "Royal White Marmo stone PVT .LTD. initiated in 2005, at Rajsamand. This is manufacturing, exporting and supplying company in India. We have best connection with top builders in India. We offered polished texture, pure finishing, and stable, natural white and best durability marble stones. http://royalwhitemarmostone.in/index.php#Indian-Marble-Price"}
{"_id": "542258", "title": "", "text": "&gt; If you lose a significant amount of weight by any means, your body is likely to make you feel hungry for the rest of your life.  If you read the whole article, that's a guess on the part of the researcher who was being interviewed and actual studies of that assertion are ongoing."}
{"_id": "542275", "title": "", "text": "Yea fair enough and I agree underemployment is definitely a big issue. Still; demanding better wages for the work they do at Walmart doesn't make a lot of sense, there is a bigger issue in the lack of jobs for skilled workers."}
{"_id": "542300", "title": "", "text": "the main problems right now  -security (it's really bad)  -integration (everyone wants their own closed ecosystem so they can collect data or charge for services, which is the opposite of what consumers want.)  -protocol (there isn't a universl smart home protocol)   -service (many products rely on the company maintaining a server for them to talk to, so you don't know if a product will even work in a few years, which is bad for smart appliances that people expect to use for 10-20 years.  obviously whichever company can get their hardware into other companies products will win. they need to start thinking like intel back during the pc craze in the mid nineties (alexa inside)"}
{"_id": "542305", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theguardian.com/business/live/2017/jul/17/stock-markets-record-highs-chinese-growth-figures-gdp-business-live) reduced by 58%. (I'm a bot) ***** &gt; The government&amp;#039;s ambitious reform program could go a long way in addressing France&amp;#039;s longstanding economic challenges-persistent fiscal imbalances, high unemployment, and weak external competitiveness.  &gt; To make the strategy credible, deep reforms are needed at all levels of government, with major spending efforts from the start.  &gt; The planned corporate, capital, and labor tax reforms should boost investment and job growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nvh2d/stock_markets_hit_record_highs_as_chinese_gdp/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~169029 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **reform**^#1 **tax**^#2 **government**^#3 **unemployment**^#4 **fiscal**^#5\""}
{"_id": "542314", "title": "", "text": "You are making an assumption that the house will appreciate in the short term, which there is no way you can know.  You will probably take a bath financially selling a house after one year into a mortgage even if you sell it for what you paid for it. If there is any chance you might relocate back it is definitely worth keeping it, otherwise I'd say cut your losses. The only upside might be if you could rent it out, keeping in mind that you generally need to rent for about double your mortgage payment to get positive cash flow. Letting it sit empty while you wait for it to appreciate is undoubtedly going to cost you big-time."}
{"_id": "542319", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://blogs.lse.ac.uk/politicsandpolicy/a-global-progressive-tax-on-individual-net-worth-would-offer-the-best-solution-to-the-worlds-spiralling-levels-of-inequality/?.com) reduced by 94%. (I'm a bot) ***** &gt; He argues that with disparities in income and wealth rising substantially over recent decades, a global progressive tax on individual net worth would offer the best option for keeping inequality under control.  &gt; Even if wage inequality could be brought under control, history tells us of another malign force, which tends to amplify modest inequalities in wealth until they reach extreme levels.  &gt; A global wealth tax would require international co-operation.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6j9s10/a_global_progressive_tax_on_individual_net_worth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~151703 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wealth**^#1 **inequality**^#2 **World**^#3 **tax**^#4 **income**^#5\""}
{"_id": "542321", "title": "", "text": "If money is more expensive (costs more to borrow) then fewer people will be able to qualify to make the payments for a particular size of mortgage.  This reduces the number of potential buyers for property at that price.  As sellers still want to sell, they will move their prices down to where more people can afford to buy. So rising interest rates create downward pressure on housing prices. But Toronto is the biggest city in Canada.  I'd expect part of the high prices there is the location: lots of people want to be close to lots of activities, action, and opportunity.  Unless something catastrophic happens, I don't see Toronto losing that advantage.  If anything, it's going to get a tad warmer up there in the coming decades."}
{"_id": "542350", "title": "", "text": "i see what you're saying. however, the point of the article was essentially a criticism of our current variety of capitalism. so i don't think my points are off topic at all. and i'm also not challenging capitalism as a system myself - rather, that the present system invokes these impractical assumptions."}
{"_id": "542369", "title": "", "text": "\"P/E ratios for the whole market are rising to levels generally only seen after crashes in the market when low earnings push up the ratio.    A lot of people in the market recognize the artificial effect of government easing and low interest rates have had on prices. Basically, there's more money sloshing around and there's nowhere else for it to go that earns a good return.  I agree that outside of tech the rest of the economy is doing fairly well and will probably be resilient against any shock. But tech is a bigger part of the market than ever, and we could still see a big market correction and a small real world downturn on the back of it.  &gt;There were people prior to 2008 sounding alarm bells about the real estate market. I haven't seen the equivalent today.  You said it yourself: overvalued tech stocks that nobody can justify the high prices for. We have big IPOs on companies that don't actually make money. Huge market caps on \"\"disruptors\"\" that are only very niche parts of their industries (e.g. Tesla). Companies like Uber that still lose money but command huge valuations.   Is that enough for a crash? Hell yes - that was what caused the 2001 dotcom crash and recession.\""}
{"_id": "542400", "title": "", "text": "\"Given your clarifying comment that you're asking about the length of stay rather than AirBnB in particular, I'd say there is a decent chance there will be tax differences.  The difference is unlikely to be in income tax, but many cities have local ordinances that impose transaction taxes on short stays.  For instance, the town where I live has a \"\"transient occupancy tax\"\" for any paid stay of less than 31 days. Unfortunately, because these taxes are often levied by individual cities, it's hard to know whether one applies in your case.  One town may impose no tax while the town right next to it does impose a tax.  You'll have to look at what your local laws are.  This could be easy if your town has a nice comprehensive website about local laws; if not you may have to do some deeper research. In any case, you should definitely look into it, since there could be penalities if there is a tax and the city finds out you're not paying it.  As AirBnB has grown in popularity, many municipalities have begun to crack down on AirBnB renters who try to make money without paying taxes like a regular motel (as well as conforming to other laws, e.g., running a business in a neighborhood zoned residential).\""}
{"_id": "542409", "title": "", "text": "\"I sometimes ask myself this question.  But I was totally blown away that you missed the main reasons I think we are in trouble.  Wall Street is a casino, and worse than that, it is a rigged casino that is more and more dependent on computers making trades.  And we are at their mercy.  One greedy bank, one computer glitch, and it's off to the races we go again.  I'm blown away by what they did in the 2000's, and the fact that they got  away with it totally and completely.  You worry about government debt, and social security/medicare, but consider that if wall street banks hadn't *purposely* collapsed the American (and world) economy for a few quick bucks, we wouldn't be in this recession for almost 6 years now, and people/businesses  would have paid a lot more taxes.   And as far as I can see, we are just waiting on  the next bubble that wall street will inflate and pop.  We could reduce government debt to zero, and wall street could still take the whole thing down again, with no fear of repercussion.  So long as they can make a profit, why wouldn't they?  EDIT: Removed some \"\"choice words\"\", made this more readable.\""}
{"_id": "542410", "title": "", "text": "\"Meh, take McDonalds with you on your way to Canada Burger King. I'll be eating at home or at places that serve real food. There is a reason why Chipotle as doing very good business while all the slap-dash fast food \"\"burger\"\" joints are struggling. Moving to Canada won't make their food less shitty.\""}
{"_id": "542414", "title": "", "text": "\"Given the income level of my family (married filing jointly status),   IRAs aren't really an option. We're past the Roth IRA limits and get   no deduction for a regular IRA. There's something called the \"\"backdoor Roth IRA\"\". You can contribute to a Traditional IRA and then immediately convert it to a Roth IRA. Assuming that you don't have any existing money in Traditional IRAs, this is exactly identical to a Roth IRA contribution.\""}
{"_id": "542452", "title": "", "text": "Established in 2010, Architecture Roofing and Remodeling has been committed to providing the highest quality professional roofing and remodels. So whether it be Residential or Commercial, We, at Architecture Roofing and Remodeling, are always looking out for your best interest by providing a premier workmanship that is second to none."}
{"_id": "542461", "title": "", "text": "I'm assuming that when you sell the house you expect to be able to pay off these loans. In that case you need a loan that can be paid off in full without penalty, but has as low an interest rate as possible. My suggestions:"}
{"_id": "542463", "title": "", "text": "Certainly there are people who do pay off their homes.  Others do not.  It's a question of risk tolerance and preference.  Some considerations relevant to this question: Taxes - Interest on a mortgage is tax deductible.  Particularly for high earners, this is a significant incentive to maintain a mortgage balance and place extra money in the market instead. Liquidity - If you lose your job, you can sell stocks to pay the mortgage.  But if you have made principle payments on your mortgage but still owe some outstanding balance, you are still required to make monthly payments without any source of income. Rates - In recent years it is been common to get a mortgage for 3.2% to 3.5%.  The difference between those rates and 9% rate of return for the market is substantial.   There are other considerations but the answer in the end is that for many people the risk / reward calculus says the ~5% difference in rate of return is worth the potential risks."}
{"_id": "542466", "title": "", "text": "\"This seems almost overkill, but if you want to... I suppose one thing you could do is create a separate money in transit account, similar to Account Payable and Account Receivable. In your bookkeeping, transfer the money from the source account to the holding account on the date that the source bank withdraws it, and then transfer the money to the destination account on the date that the target bank deposits it. This both makes it clear that there is money going between places, and ensures that the daily balance on each \"\"physical\"\" account is accurate. For cash withdrawals and deposits, I'd just use the date when you make the withdrawal, since that is the day from which the money is available in the new location rather than the old one. Note: I don't know if this is the \"\"proper\"\" way to do it in a random jurisdiction, but I doubt being this explicit can get you into trouble.\""}
{"_id": "542493", "title": "", "text": "Amazon is becoming a monopoly. Getting close to DC will allow it to spring in action if it\u2019s ever on populist chopping block in Congress. If Amazon going to Philly, it might as well take NJ\u2019s 7 billion dollars offer and build it across the river in Camden."}
{"_id": "542502", "title": "", "text": "\"That's false. I'm not morally outraged by anything businesses do because they're not meant to be moral. I don't like it because it doesn't work and this policy won't work.   Secondly, trickle down economics is a theory that says benefits for the wealthy will help everyone else. That's in my text books. It's usually in the form of tax cuts but can come in other benefits.   It's a safe assumption to assume that tech firms are run by wealthy people. This benefits no one but the wealthy that run firms.  \"\"Unless you want to define any policy that helps business as trickle down.\"\" This is false. The article clearly states this is benefit is being done for the betterment of Idaho's tech hub  because it provides so much for the state.  What's the difference between that and saying \"\"we're giving tax breaks to the largest corporations because the provide so much for the state?\"\"   None. Firms save money to \"\"benefit\"\" the state, while only benefitting themselves in both scenarios.   It benefits Idaho business, which long term will hurt Idaho. Just like supply side economics benefits businesses, but hurts the county long term.   Economic benefits are more than taxes and gains. Especially when they're so closely related to jobs/mobility and expenses saved based on reducing mobility and forcing people to stay in the same jobs.   \"\"Help us keep our people here\"\" help us be able to pay them less to live in a shit state because us having top notch human capital is best  for society. It's an identical thought-train as help us be able to pay workers less than minimum wage because us having capital is what's best for society.  You are considering  the interest of firms for economic benefit, even though long term it won't benefit you. Sounds like the thought train of Reagan and Bush Jr. Who both trashed the economy.   It's come in benefits such as eased restrictions, lack of competition and lack punishment for lack of competition, and higher barriers to entry.   Who does this benefit for the sake of the \"\"common man\"\" (lmao) the wealthy owners of firms with high level employees.\""}
{"_id": "542521", "title": "", "text": "For the 7 I read about one chapter/did a chapter test a day then took 1 practice test a night when I was done reading the book (never reread a chapter and took minimal notes) and it took me about 2 1/2 months and I passed with an 88."}
{"_id": "542530", "title": "", "text": "I'm guessing Toronto? Sell the car! Use public transit. Save a ton of money.  You can always rent a car for the day or weekend (or use a service like Uber) when necessary at a fraction of the cost of car ownership, and feel good about it!"}
{"_id": "542531", "title": "", "text": "It really depends on how strong you are in the content already. 5 months is enough but I really must stress that you need to be focused on it and keep on top of it every day. December is possible and worst case you could just resit in June... And to if it's possible for December 17, from memory I started in August 16 so yes it is."}
{"_id": "542546", "title": "", "text": "How do you know people want jobs?\u00a0 People get jobs because they want money, not because they want a job.\u00a0 I think when a lot of people say they like their job they are lying to you and themselves because that job is the only viable option or all they know.\u00a0 Nobody wants to admit they are not getting everything out of life they want.\u00a0 This system of economics intimidates people into financial slavery with threats of starvation and homelessness.\u00a0 I have never been opposed to hard work, but the restraints of full time jobs always sucked.\u00a0 I think a lot of people enjoy rewarding work, not shitty go nowhere, uninteresting, unfulfilling, unrewarding jobs that suck all their energy serving others at their own personal expense.\u00a0 Knowing how much money sloshes around in this country and how little is allocated for ninety percent of us is depressing."}
{"_id": "542557", "title": "", "text": "Also, bear in mind, you need to pay a deposit which is around the same price as a monthly payment. They will also need to do a credit history check on you and since you are a foreigner you won't have any. There are some renters who care less but mostly serious renters will require it. Some can require an employment confirmation or even a bank account details. It is very complicated and difficult for a foreigner.  As in comments mentioned, a contract is minimum 1 year. The deposit is returned when you leave and the place is left in good condition. I would not expect the full amount returned as many renters require a professional cleaning or some even repainting the walls. You can do it yourself and give them a receipt but you end up paying for it.  What I would suggest is some type of a sharing house where people share rooms in one house. But that option has negatives. Another option is hostels where you even share a room. It all depends on where you want to live. It is very different if you are in a big city like New York or somewhere in suburbs. The prices also vary. It's good to have friends in the USA that can help you especially if you aren't planning on staying too long."}
{"_id": "542566", "title": "", "text": "Actually, yes. Two parties can write a contract and specify how money will change hands, it's called a swap. It's not unusual to write a contract that mimics an existing financial instrument. However, there are disadvantages to both sides to trading a swap rather than a more standard, liquid instrument, so usually it won't happen unless there's an excellent reason."}
{"_id": "542568", "title": "", "text": "There will always be another recession ahead. Accept that.  Depending on your strategy, it could make sense to forge ahead. During a recession it may just take longer to recognize gains. Not always; there's plenty of ways to make money during a recession, and not all of them involve short positions.  Now, if you're 75, living off of an investment account, perhaps you should move things to something less volatile."}
{"_id": "542586", "title": "", "text": "No can't make quick bucks. It depends very much on what the strike price was. Dividends which are below 10% of the market value of the underlying   stock, would be deemed to be ordinary dividends and no adjustment in   the Strike Price would be made for ordinary dividends. For   extra-ordinary dividends, above 10% of the market value of the   underlying security, the Strike Price would be adjusted. Refer more at NSE India Edit: The Nifty consists of 50 stocks. The largest one has weight of around 8%. So 10% on this will only translate to .8% on index."}
{"_id": "542590", "title": "", "text": "\"There are basically two different markets for ADRs and ordinary shares. 1) The American market, 2) the \"\"local\"\" market. The following is not true for most stocks in \"\"developed\"\" markets. But it is often true that the American market (for ADRs) is far more liquid than the local market for ordinary shares of a developing country. For instance, there was a time when the ADRs of Telmex (Telefonos of Mexico) was the fifth most traded stock in the world, after Exxon (before its merger with Mobil), IBM, Microsoft, and A T&T, meaning that it was easy to trade with low fees on the NYSE. It was much harder and slower to buy the local shares of Telmex in Mexico, on the Mexican exchange. Also, the accompanying currency transactions were harder to execute with the ord, because you have to settle in local currency and pay an FX commission. With the ADR, the exchange rate is \"\"built\"\" into the (dollar) price, and you settle in dollars.\""}
{"_id": "542603", "title": "", "text": "Wrigley may or may not be a big client.  Losing that one customer is not gonna really affect TMobile.    Lets get to the root issues.  Lets pretend TMobile (or any company) actually did try to solve every problem.  Thats gonna cost way to much money.  Its not practical.    We do not live in a marketplace that allows people to make excess profits to allow for great service unless someone is a sort-of monopoly like Apple or Microsoft or OPEC.  Companies have no choice but to squeeze costs and at the end of the day if they lose an account like Wrigley who cares?  TMobile will win an account that Verizon loses due to shitty service."}
{"_id": "542608", "title": "", "text": "The main risk I see to this plan is with a late payment to your credit card.  For a variety of reasons, some outside your control, you could end up with a late payment on the CC and a +18% interest rate making your arbitrage attempts unprofitable. You sense that this is risky, and it derives from placing short-term risk on a long term asset.   Your interest rate is high for the current market.  What kind of things can you do reduce that rate?  What kind of things can you do to reduce your principle?  Those kind of things represent far less risk and accomplish the same goal."}
{"_id": "542613", "title": "", "text": "You don't need to hire a lawyer. In general, there are three things a lawyer might do: (1) Review the language of the deed of sale (2) Review the terms of the mortgage (if there is one) (3) Hire a title search company to do a title search If you do not want to do these things or want to do them yourself, then you do not need a lawyer."}
{"_id": "542616", "title": "", "text": "I think it's because you specifically provide business-related information and they use this information to build services that intuitively make sense. No realy surprises, no real \u2019they're doing **what** with my data?\u2018 moments.  Have to say they're job search stuff seems really good - I'm getting jobs popping up on my screen which are 80% things I'm interested in."}
{"_id": "542619", "title": "", "text": "\"&gt;Since when was welfare designed to eradicate poverty? It's supposed to provide supplies to survive when you can't afford it otherwise.  ROTFLMAO.  &gt;The War on Poverty is the unofficial name for legislation first introduced by United States President Lyndon B. Johnson during his State of the Union address on January 8, 1964. This legislation was proposed by Johnson in response to a national poverty rate of around nineteen percent. The speech led the United States Congress to pass the Economic Opportunity Act, which established the Office of Economic Opportunity (OEO) to administer the local application of federal funds targeted against poverty.  &gt;As a part of the Great Society, Johnson believed in expanding the government's role in education and health care **as poverty reduction strategies.** [(Source)](http://en.wikipedia.org/wiki/War_on_Poverty)  And ironically, what are the TWO fields that are now in \"\"crisis\"\" and where additional government involvement is deemed THE solution?  Education &amp; Health Care.  Idiots never learn. (Shit, they can't even keep their story straight.)\""}
{"_id": "542628", "title": "", "text": "Similar action is being undertaken in Europe following the example of Cyprus. As WND recently pointed out, finance ministers of the 27-member European Union in June had approved forcing bondholders, shareholders and large depositors with more than 100,000 euros in their accounts to make the financial sacrifice before turning to the government for help with taxpayer funds.  Do they get compensation later if the bank recovers?"}
{"_id": "542644", "title": "", "text": "&gt; at marked up groceries  Groceries are the same price on all the services, or at least comparable to the fluctuations between store A and store B they charge a delivery fee (usually $5-8) and offer an option to tip / or include a mandatory service fee which goes to the shopper.  So for me, I pay somewhere around $15-30 every 2-3 weeks to save 2 hours, the stress and hassle of parking, shopping etc. Sold.  If I use Prime Fresh its less per delivery but has a membership fee. Did that for a while, I didnt order enough for it to make sense, but several people with kids who I turned on to it love it."}
{"_id": "542649", "title": "", "text": "Your initial investment in this case is $9 on the first morning. Every other morning you are using part of your profits to buy the new piece of jewelry, so you are actually not investing any new funds. So each day you are effectively keeping $1 of your profits and re_re-investing $9. But your initial investment of your own funds is only the first $9. In other words if you only had $9 in the bank at the start of the year you could make $365 profits during the year and finish up with $374 in the the bank at the end of the year."}
{"_id": "542651", "title": "", "text": "I've heard from friends in high paying companies that the norm is under 4 hours: you can upgrade yourself. Above 4 hours: business. Sounds reasonable to me.  Usually people that fly business aren't flying one or two times a year. They're doing it a couple of days per week. And these people are usually in high demand. If someone doesn't offer this as the norm, they can probably get a job someplace that does."}
{"_id": "542667", "title": "", "text": "There are strategies based on yields. Dogs of the Dow being a specific example while Miller Howard has a few studies around dividends that may be of use if you additional material. Selling off a portion of the holding can run into problems as how could one hold 10 shares, selling a non-zero whole number every year for over 20 years if the stock doesn't ever pay a dividend in additional shares or cash?"}
{"_id": "542671", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in Victorville CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Title Loans Victorville CA 17100-B Bear Valley Rd # 504, Victorville, CA 92395 760-493-2711 gatlvvca@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-victorville-ca/"}
{"_id": "542678", "title": "", "text": "Could it be done? Yes, it could, subject to local law. A variant of such an approach has been suggested for those countries experiencing collapse of demand. One might consider whether whether it applied to secured loans (such as mortgages), unsecured loans, or both; whether it would be capped at a certain absolute (say \u00a3100k) or proportional (first 50%) of each mortgage; whether it would cover first homes only, or all homes; and so on.  These details would radically change the feasibility and consequences of any such intervention. See the related question: https://economics.stackexchange.com/q/146/104 Such a policy of debt cancellation would have several consequences beyond initial stimulation of demand, that would need additional policies to deal with them. Inflation The resultant surge in demand would, in the absence of any other intervention, result in a massive surge in inflation. There are some interesting questions about whether this burst of inflation would be a one-off, or not. One could make an argument that as housing has become much more affordable (at least for home-owners), it would increase the downward pressure on wages, which would be in itself counter-inflationary in the medium-long term. Nevertheless, it would be injecting much more money into the economy than has been seen in QE to date, so the risks would be of extraordinarily high inflation, which might or might not get entrenched. In order to manage the short-term risk, and long-term inflation expectations, it might be necessary to incorporate a lot of tightening, either fiscal (higher taxes and/or lower public spending), or monetary: (higher interest rates, unwinding QE, new requirements for higher core capital for banks) Moral hazard There are risks of moral hazard for individuals: however, as a society, we were prepared to accept the moral hazard for financial institutions and their staff, so that may or may not be an issue: it is likely to be a question of long-term expectations. If the expectation is that this is at most a once-in-a-lifetime occurrence, then the consequential risk from moral hazard ought to be lower. Excess profits to lenders Lenders will typically work on the basis of a certain proportion of defaults, so paying off all loans effectively gives them an artificial boost to their profits. Worsening balance of payments There is to a degree a prisoners' dilemma facing nations here. Pressing the reset-button on personal debt across many of the countries experiencing demand-collapse would benefit all of them. However, if just one such country were to do it alone, they alone would increase domestic demand, resulting in a large increase in imports, but no significant increase in exports."}
{"_id": "542682", "title": "", "text": "Any sort of semi-significant construction or infrastructure project takes an absolutely absurd amount of time. There was a road near where I used to live that took *30 years* in and out of courts, through all sorts of studies, with years of budget battles, political wrangling, and it was all for a lightly-used, 17 mile stretch that creates a slight shortcut between two suburban counties."}
{"_id": "542721", "title": "", "text": "To see a chart with 1-minute data for a stock on a specific date: For example, here is the chart for TWTR on November 7, 2013 - the day of the IPO:  Here is the chart for TWTR on November 8, 2013 - its second day of trading:  Here is the chart for TWTR on November 11, 2013 - its third day of trading:"}
{"_id": "542734", "title": "", "text": "Stuart Macfarlane Therapist Stuart MacFarlane is a psychotherapist based in London, England and has over 30 years of experience in the field of psychology. His mental health services includes the treatment of depression, anxiety, grief counseling, relationship counseling, bipolar disorder, alcohol and drug addiction and others."}
{"_id": "542764", "title": "", "text": "\"A stock, at its most basic, is worth exactly what someone else will pay to buy it right now (or in the near future), just like anything else of value. However, what someone's willing to pay for it is typically based on what the person can get from it. There are a couple of ways to value a stock. The first way is on expected earnings per share, most of would normally (but not always) be paid in dividends. This is a metric that can be calculated based on the most recently reported earnings, and can be estimated based on news about the company or the industry its in (or those of suppliers, likely buyers, etc) to predict future earnings. Let's say the stock price is exactly $100 right now, and you buy one share. In one quarter, the company is expected to pay out $2 per share in dividends. That is a 2% ROI realized in 3 months. If you took that $2 and blew it on... coffee, maybe, or you stuffed it in your mattress, you'd realize a total gain of $8 in one year, or in ROI terms an annual rate of 8%. However, if you reinvested the money, you'd be making money on that money, and would have a little more. You can calculate the exact percentage using the \"\"future value\"\" formula. Conversely, if you wanted to know what you should pay, given this level of earnings per share, to realize a given rate of return, you can use the \"\"present value\"\" formula. If you wanted a 9% return on your money, you'd pay less for the stock than its current value, all other things being equal. Vice-versa if you were happy with a lesser rate of return. The current rate of return based on stock price and current earnings is what the market as a whole is willing to tolerate. This is how bonds are valued, based on a desired rate of return by the market, and it also works for stocks, with the caveat that the dividends, and what you'll get back at the \"\"end\"\", are no longer constant as they are with a bond. Now, in your case, the company doesn't pay dividends. Ever. It simply retains all the earnings it's ever made, reinvesting them into doing new things or more things. By the above method, the rate of return from dividends alone is zero, and so the future value of your investment is whatever you paid for it. People don't like it when the best case for their money is that it just sits there. However, there's another way to think of the stock's value, which is it's more core definition; a share of the company itself. If the company is profitable, and keeps all this profit, then a share of the company equals, in part, a share of that retained earnings. This is very simplistic, but if the company's assets are worth 1 billion dollars, and it has one hundred million shares of stock, each share of stock is worth $10, because that's the value of that fraction of the company as divided up among all outstanding shares. If the company then reports earnings of $100 million, the value of the company is now 1.1 billion, and its stock should go up to $11 per share, because that's the new value of one ten-millionth of the company's value. Your ROI on this stock is $1, in whatever time period the reporting happens (typically quarterly, giving this stock a roughly 4% APY). This is a totally valid way to value stocks and to shop for them; it's very similar to how commodities, for instance gold, are bought and sold. Gold never pays you dividends. Doesn't give you voting rights either. Its value at any given time is solely what someone else will pay to have it. That's just fine with a lot of people right now; gold's currently trading at around $1,700 an ounce, and it's been the biggest moneymaker in our economy since the bottom fell out of the housing market (if you'd bought gold in 2008, you would have more than doubled your money in 4 years; I challenge you to find anything else that's done nearly as well over the same time). In reality, a combination of both of these valuation methods are used to value stocks. If a stock pays dividends, then each person gets money now, but because there's less retained earnings and thus less change in the total asset value of the company, the actual share price doesn't move (much). If a stock doesn't pay dividends, then people only get money when they cash out the actual stock, but if the company is profitable (Apple, BH, etc) then one share should grow in value as the value of that small fraction of the company continues to grow. Both of these are sources of ROI, and both are seen in a company that will both retain some earnings and pay out dividends on the rest.\""}
{"_id": "542765", "title": "", "text": "Using Fundamental and Technical Analysis together is actually a good idea for longer term trading of up to 6 months or longer.  The whole idea behind trading with Technical Analysis is to increase the probabilities of a trade going in the desired direction by using uncorrelated indicators that produce the same signal to buy or sell at the same time. For example, you might use a Moving Average (MA) as a buy signal when the price falls for a few days, hits the MA and then reverses and starts moving back up. If however, you also include a Stochastic Oscillator (SO) to indicate when the stock is oversold (under 20%), and if the price rebounds from the MA average at the same time as the Stochastic is crossing over in the oversold position, then this may be a higher probability trade. If you also only trade stocks that are Fundamentally healthy (as fundamentally good stocks are more likely to go up than fundamentally bad stocks) then this might increase the probabilities again. Then if you only buy when the market as a whole is moving up, then this will increase your chances again. A few weeks ago at a seminar, the presenter totalled the men in the room to be 76 and the women in the room to be 8. He then asked what will most likely be the next person to walk in the room - a man or a woman? The statistics are on the side of a wan walking in next. This is what we try to do with Technical Analysis, increase our chances when we take a trade. Of course a woman could be the next person to walk in the room, just like any trade can go against you, and this is why we use money management and risk management and take a small loss when a trade does go against you. Lets look at an example where you could incorporate FA with TA to increase your chances of profits:  Above is a candlestick chart of Select Harvest (SHV), the green line above the price is the perceived value, the pink line is the 40 day MA, the blue line is the EPS, and the white lines is the Stochastic Oscillator (above 80% being overbought and below 20% is oversold). From Feb 2015 to start of Aug 2015 the stock was uptrending, since then the price reversed and started to downtrend. The stock was determined to be fundamentally good early in 2015 with the perceived value gradually increasing and greater than the share price, and the EPS starting to increase regularly from mid April. Thus, as the stock is seen as fundamentally healthy any price reversal in the vicinity of the MA could be seen as a buy opportunity. In fact there where 2 such opportunities on 31st March and 11th June where price had reversed and rebounded off the MA whist the SO crossed over in or near the oversold area. The price did reverse and then rebounded off the MA again on 9th July, however the SO was not in or near the oversold area on this occasion, so not as high in probability terms. The price still rebounded and went up again, however another momentum indicator (not shown here) shows some bearish divergence in this case - so another reason to possibly keep away at this point in time. A good signal to get out of the trade, that is your stop loss has not already taken you out, is when the price breaks and closes below the MA line. This occurred on 7th August. So if we had bought on the first signal on 31st March for $7.41 and sold when the priced broke through the MA on 7th August for $11.76, we would have made a profit of approx. 59% in just over 4 months. If bought on the second signal on 11th June for $9.98 and again sold on 7th August for $11.76, we would have made about 18% in under 2 months. So the fundamentals, the Price (in relation to MA) and the SO where all lining up to provide two high probability trades. Of course you would need to incorporate you risk management (including stops) in case the price did not continue upwards after you bought. If the market is also moving up on the day of the signal this will further increase your chances.  Unless you day trade, which I would avoid, a good way to enter your trades after a signal is to enter a stop buy order after market close to buy if the price moves above the high of the signal day. That way if the market and the stock open and move lower during the day after the signal you avoid entering the trade altogether. This can be incorporated as part of your risk management and trading rules. After the price broke down through the MA we can see that a downtrend commenced which is still current today (in fact I just took a short trade on this stock yesterday). We can also see that the perceived value, whilst still above the price, has reached a peak and is currently moving downwards and the EPS after being flat for a few months has just moved down for the first time in 10 months. So maybe the fundamentals are starting to waver a bit on this stock. It may be a good stock to continue shorting into the future. So basically you can continue using Fundamental Analysis to select which stocks to buy, place them in a watch-list, and then use Technical Analysis to determine when these stocks are starting to uptrend and use a combination of uncorrelated indicators to produce higher probability signals for when to enter your trades."}
{"_id": "542782", "title": "", "text": "Paltry market share?  They have two cars and are outselling Mercedes, Porsche and BMW combined.  All of their debt is used to grow the company, not a product of them losing money on what they are currently building.  And a business model based on government support?  They literally cant sell their cars in multiple states because of entrenched government protections for the existing model."}
{"_id": "542783", "title": "", "text": "Your chief problem seems to be that you're mixing Visa (credit cards) and Step2 (a European Automated Clearing House). Credit cards are primarily an American concept, but do work worldwide especially in travel&tourism industry. The Credit Card companies are financial institutions themselves and operate similar to international banks They're typically acting as intermediaries between the customer's bank and the retailer's bank, so this works even if those two banks have no existing agreements.  This is expensive, though. Step2 is a cheaper European system which eliminates the middle man. It allows the consumer's bank to directly pay the retailer's bank. VISA is not a member of Step2."}
{"_id": "542788", "title": "", "text": "\"Gold has very useful physical properties for some engineering applications.  Even tiny amounts of gold can substantially improve products, so it can be worthwhile to pay high prices per ounce for gold.  For example: Gold can be \"\"beaten\"\" or electroplated to produce very thin shiny coatings.  Entire roofs (of famous buildings) have been covered with \"\"gold leaf\"\", at a cost that was small compared to the supporting structure. A very thin layer of electroplated gold provides better protection against corrosion than a much thicker layer of electroplated nickel.  Even if gold costs thousands of times more per ounce than nickel, it is cheaper to use gold as an anti-corrosion layer than nickel (for use in military-grade naval electronics). A thin layer of electroplated gold greatly increases the electrical current-carrying capacity of a thin copper wire.\""}
{"_id": "542795", "title": "", "text": "So I did some queries on Google Scholar, and the term of art academics seem to use is target date fund. I notice divided opinions among academics on the matter. W. Pfau gave a nice set of citations of papers with which he disagrees, so I'll start with them. In 1969, Paul Sameulson published the paper Lifetime Portfolio Selection By Dynamic Stochaistic Programming, which found that there's no mathematical foundation for an age based risk tolerance. There seems to be a fundamental quibble relating to present value of future wages; if they are stable and uncorrelated with the market, one analysis suggests the optimal lifecycle investment should start at roughly 300 percent of your portfolio in stocks (via crazy borrowing). Other people point out that if your wages are correlated with stock returns, allocations to stock as low as 20 percent might be optimal. So theory isn't helping much. Perhaps with the advent of computers we can find some kind of empirical data. Robert Shiller authored a study on lifecycle funds when they were proposed for personal Social Security accounts. Lifecycle strategies fare poorly in his historical simulation: Moreover, with these life cycle portfolios, relatively little is contributed when the allocation to stocks is high, since earnings are relatively low in the younger years. Workers contribute only a little to stocks, and do not enjoy a strong effect of   compounding, since the proceeds of the early investments are taken out of the stock   market as time goes on. Basu and Drew follow up on that assertion with a set of lifecycle strategies and their contrarian counterparts: whereas a the lifecycle plan starts high stock exposure and trails off near retirement, the contrarian ones will invest in bonds and cash early in life and move to stocks after a few years. They show that contrarian strategies have higher average returns, even at the low 25th percentile of returns. It's only at the bottom 5 or 10 percent where this is reversed. One problem with these empirical studies is isolating the effect of the glide path from rebalancing. It could be that a simple fixed allocation works plenty fine, and that selling winners and doubling down on losers is the fundamental driver of returns. Schleef and Eisinger compare lifecycle strategy with a number of fixed asset allocation schemes in Monte Carlo simulations and conclude that a 70% equity, 30% long term corp bonds does as well as all of the lifecycle funds. Finally, the earlier W Pfau paper offers a Monte Carlo simulation similar to Schleef and Eisinger, and runs final portfolio values through a utility function designed to calculate diminishing returns to more money. This seems like a good point, as the risk of your portfolio isn't all or nothing, but your first dollar is more valuable than your millionth. Pfau finds that for some risk-aversion coefficients, lifecycles offer greater utility than portfolios with fixed allocations. And Pfau does note that applying their strategies to the historical record makes a strong recommendation for 100 percent stocks in all but 5 years from 1940-2011. So maybe the best retirement allocation is good old low cost S&P index funds!"}
{"_id": "542799", "title": "", "text": "\"A friend of mine is a Prepaid Legal lawyer. It's not an exclusive  relationship: he does other things too.  Most lawyers regard Prepaid Legal as a way of getting more  customers. They lose money on the Prepaid Legal stuff, but then  \"\"upsell\"\" their paid services.  My friend tells me that he'd answer most of the Prepaid Legal  questions for free, in hopes of building a customer base. He didn't  signup for the trivial amount of money Prepaid Legal gives him.\""}
{"_id": "542806", "title": "", "text": "[This article says 550k people](http://fortune.com/2017/07/28/wells-fargo-loan-default-scandal/). You're also making the assumption they all paid it for a full year at least, when the refunds are estimated at $25 million for one group, an additional $39 million (including fines) for another, and $16 million for the worst, but smallest, group.   ~$80 million is not $400 million. The current CEO is not the same CEO who would have been at the helm when this issue started. The old CEO likely didn't have insight into this tiny subset of the company."}
{"_id": "542815", "title": "", "text": "fair enough, and thanks for typing that out! The leaky ship idea, well that does make sense.  I still like to cling on to Ayn Rand's idea that there are primary innovative people, and second hand people preying on these geniuses. I like to think Walt Disney himself would have drawn some new comic figures instead of trying to stretch the copyright for decades and decades on an old idea."}
{"_id": "542823", "title": "", "text": "Meh I can see it working in 10 years. A lot of grocery shopping is done by parents for their families. As the generation raised on amazon and easy/cheap delivery of goods gets old enough to all have children they might really like the idea of grocery delivery. Kind of feels we're taking a step backwards to the milk man haha."}
{"_id": "542828", "title": "", "text": "\"Here is the first google result for \"\"USA worst states for business\"\" and a result from [CNBC 2014](http://www.cnbc.com/id/101769584)  1. Rhode Island  2. Hawaii  3. West Virginia  4. Alaska  5. Connecticut   Illinois is a top 3 tax state along with New York and California but taxes are not the only thing to take into account unless you are a Tea Party supporter.\""}
{"_id": "542840", "title": "", "text": "can I ask career advices from you ? I had 3 years experience in boutique fund management, have done my cfa, and now am about to enroll in master of finance in one of the top unis in UK   Always want to be a trader, but my biggest concern is that since I am slightly older (mid to late 20s), I will be competing with younger fresh grad when applying for analyst program, do you think this is an advantage or disadvantage, or does it matter at all ?   Also if you can pick a region for a trading career, which is best and why ?   thank you"}
{"_id": "542845", "title": "", "text": "\"Okay, I get your point. I feel like your article could have been better focused, perhaps you should do a quick \"\"update\"\" that explains this better. The article comes off as saying that all startups are crap, not just stupid ones.\""}
{"_id": "542848", "title": "", "text": "\"I like a devil's advocate :)  &gt; Amazon made a brick-and-mortar acquisition which will now have a direct effect on consumers by trying to hamper which sites their customers try to access while on wifi and can also be seen as anticompetitive.  This statement assumes that Amazon intends to use the patented technology, despite no evidence of such intent (at the time of filing, at the time the patent was granted - which Amazon has no control over, or at the time of the WF purchase announcement).  Your reasoning has merit: the patent only became relevant when amazon acquired an opportunity to use it.   However, it relies on assumptions that aren't necessarily correct or complete. Hence, it isn't an objectively correct conclusion by any means.   By including only the fact that the patent was recently granted (timing lined up with WF acquisition), the author promoted the idea that the patent is part of Amazon's plan with WF going forward.   Amazon may *now* have plans for using it in connection with WF - or it may absolutely not. There is presently, working from the article itself, no evidence to suggest any such plans exist outside the author's mind. (I have zero doubt that they have *considered* using it, btw, I refer to actual plans to implement.)  I may be old fashioned or uncool, but the correct way to \"\"frame the situation\"\" is **always** completely and accurately, including all relevant information.    This allows readers to review the information and draw their own conclusions - even if the journalist *also* shares his own conclusion.\""}
{"_id": "542864", "title": "", "text": "\"There are a couple pretty good answers here already, but I wanted to add that, depending on your location, many grocery stores sell gasoline. Gift cards for those grocery stores can be used for gas and groceries and usually do not include any fees. Since we all need to eat and most of us need to fill the tank on a regular basis, this seems like the best way to run up the bill without purchasing frivolous items. As another poster mentioned, pre-paying bills is another great way to go. Some places such as health clubs may even offer you a discount for paying in full, essentially \"\"earning\"\" you more money down the road.\""}
{"_id": "542871", "title": "", "text": "It's odd to me that they manage their own pensions closely enough to divest of anything and that they'd have been invested in private prisons enough to have anything to get rid of.   I'm also not sure that I'd feel better as a NYC pensioner knowing that my retirement fund is becoming politicized. In this case it's probably a good thing, but in the future who knows."}
{"_id": "542875", "title": "", "text": "We researched a lot of Connecticut Home Builders before breaking ground on our new home &amp; PALCO Construction was hands down the best choice. Our house was finished on time, on budget &amp; looks great. I recommend them for any &amp; all home improvements."}
{"_id": "542889", "title": "", "text": "You would appear to be a swing trader, like myself. I have been trading futures and futures options for 29 years, and have both made and lost a lot of money in that time. My trades last hours, to days, to at most a few weeks. From my experience, the most important skills are: 1) Money management - keeping trade size small in relation to total capital. I typically risk 2-3% of my capital on a trade, so a loss is fairly immaterial. 2) Risk management - limit your loss on every trade, either by using stop orders, options, or a combination of these 2. 3) Emotional discipline - be prepared to exit a position, or reverse from long to short, or short to long,  on a moment's notice. The market doesn't care where you entered, or whether you make or lose money. Don't let your hunches or the news influence your decisions, but follow the market. 4) Methodology discipline - test your analysis / trade entry method to ensure that it is objective, and has a reasonably good probability of success, then stick with it. Variation will inevitably lead to indecision or emotional reactions. 5) Flexibility - consider trading anything which can make you a profit, but ensure that there is a lot of liquidity. I trade 30 different futures markets, as well as various option writing strategies in these markets.  Feel free to reach out if you want to discuss further. I have about 500 (yes, 500) trading e-books as well, on every trading subject you can think of."}
{"_id": "542915", "title": "", "text": "\"Patience has never been my strong suit Unfortunately this is what you need to build up credit. The activities that increase your credit score are paying your bills on time and not using too much of the available credit that you do have. The rest (age of accounts, recent pulls, etc.) are short-term indicators that indicate changes in behavior that will make lenders pause and understand what the reasons behind the events are. Also keep in mind that your credit score shouldn't run your life.  It should be a passive indicator of your financial habits - not something that you actively manipulate.   Is there anything I can do to raise my score without having to take out a loan with interest? Pay your bills on time, and don't take out more credit than you need.  You're already in the \"\"excellent\"\" category, so there's no reason to panic or try to manipulate it.  Even if you temporarily dip below, if you need to make a big purchase (house), your loan-to-value and debt/income ratio will be much bigger factors in what interest rate you can get.  As far as the BofA card goes, if you don't need it, cancel it.  It might cause a temporary dip in your credit, but it will go away quickly, and you're better off not having credit cards that you don't need.\""}
{"_id": "542918", "title": "", "text": "It's not a case of my feelings it's equal compensation. If your skills are at the level of a minimum wage worker, you should be compensated as such. You can live of that very easily, it's the lifestyle choices which come along with it which cause people to be unable."}
{"_id": "542924", "title": "", "text": "Repair TV in Los Angeles with minor problems and avoid the burden of buying new one. Mostly the cost of repair is only a fraction of new unit, so it is always advisable to fix those minor defects and enjoy watching TV without spending much."}
{"_id": "542931", "title": "", "text": "All top judi online websites are great to play at due to they all offer you a lot of action, great betting opportunities and good games. However, not all these poker websites are similar; you\u2019ve to search on your own whichever you think will be suitable for you and your skills."}
{"_id": "542932", "title": "", "text": "Each bank is different, so your question needs to be more specific. For instance, I believe Paypal and Chase settles at 7pm EST on business days. Bank of America at 5PM."}
{"_id": "542969", "title": "", "text": "Let's have a look at Who must send a tax return: You\u2019ll need to send a tax return if, in the last tax year: And we're done. It doesn't matter that your tax will come out to zero - you still need to TELL them this, otherwise how are they going to know? 'Person liable for zero tax who doesn't send their tax return' and 'Person liable for a million quid of tax who doesn't send their tax return' look the same..."}
{"_id": "542970", "title": "", "text": "This makes a lot of sense for Apple considering the current lawsuits between them and Qualcomm. It would also mean even more control over the hardware manufacturing of their products, and they definitely have the cash for it. Sounds like a good idea all around."}
{"_id": "542971", "title": "", "text": "For the record I am not the one that downvoted you because you raise a decent point/opinion. However, you should consider the impact this has on the rest of us. Many employers have already said that they are not hiring people because of concerns on what the ruling means for them. That could have been a ploy to pressure politicians to back down from it. However, that probably wouldn't explain everything. They are going to paying more for insurance when hiring no doubt. That isn't good when we are already having a hard time getting them back to work. So I wouldn't write off capitalists concerns so easily. Secondly, they aren't going to be able externalize it anymore than before unless they are forced to pay for part-time workers and others previously exempt. I didn't read enough on this to know one way or the other. However, if workers aren't getting anymore coverage from their employers then the added cost (higher premiums) wouldn't mean much for any of us. Actually they would still be externalizing the cost. Instead of the government picking up the bill it would be Americans who aren't getting insurance from the employer who are forced to pay for the penalty."}
{"_id": "542974", "title": "", "text": "Regardless of your circumstances, the amount of money you should put into a car is about $6000-8000 or the amount of cash you actually have, whichever is less. You can get a very reliable gently-used car in that price range, and a car that's plenty good to drive for basically whatever your budget is, down to about $1500-2000 or so. Spending more is never a financially sound decision; it's purely a luxury expenditure. Buying a car with a loan is always a financially bad decision."}
{"_id": "542982", "title": "", "text": "Going through the same thing right now, about to lose our company phones (that I use constantly, since my workday doesn't end at 5) and they cut our training budget to $0.   Yet execs can run out and buy whatever software they want, even if its pointless, we're constantly bringing in sub-contractors at 4x the hourly rate of staff, and they sure aren't putting their paid country club memberships and private plane on the line."}
{"_id": "542998", "title": "", "text": "What you describe there is the textbook definition of a proxy fight: buy a 5-10% stake (we're talking $10-$15 billion here for major money center banks), work with other shareholders, try to replace the directors, change business practices, etc. It's a strategy that works  in many cases, but the sheer amount of stock you'd have to buy to effect a traditional proxy fight makes this strategy neither probable nor plausible. Like I said, the only believable way to do this is a proxy fight via the press: buy a small number of shares, table resolutions at the annual meetings, and leverage those resolutions with the press."}
{"_id": "543005", "title": "", "text": "What is excess supervision for you? I got assigned some tasks by my managing analyst, and I might ask one question per day about the task he is giving me. Most often something very specific and niche that I have no idea of knowing, such as what drives the economy of the debt collection industry, or maybe how do I build a model around some obscure regulation. I am interning in commercial banking, without commercial banking experience though."}
{"_id": "543033", "title": "", "text": "\"Alright, you're continuing to drift off topic. The benefit of clean sources is the comparative lack of pollution during everyday use. It is not as dependable or scalable as its competition. For now.  The idea of \"\"powering\"\" an East Coast state with Midwest wind credits is asinine. It completely ignores the benefit of using wind sources. All this does is subsidize Colorado's energy endeavors.   MA and NJ are forced to purchase renewable energy credits, as a result the residents of MA and NJ must now pay higher rates. They see none of the benefits of lower pollution, they are simply being forced to pay more so Coloradans can justify their wind turbines.  Meanwhile, the power plants in these states continue relatively unabated. This is useless bureaucracy.  https://en.wikipedia.org/wiki/Renewable_Energy_Certificate_(United_States)\""}
{"_id": "543042", "title": "", "text": "Not sure you read my post based on your word choice but.... CFP is more of a marketing ploy from a consumer behavior perspective. You don't need a CFP to have the technology or knowledge to utilize what is taught in the modules and plenty of CFPs will still give shit advice.   When choosing an advisor it comes down to ethics, work ethic, knowledge, experience, and fee structure in that order. Not saying to never hire a CFP, but just because somebody has a CFP doesn't mean they'll actually be any better than any other advisor."}
{"_id": "543043", "title": "", "text": "His TTIP energy deal [is really scary](http://action.sierraclub.org/site/DocServer/Analysis_of_EU_Energy_Proposal_TTIP.pdf). because the US could have to pay literally billions of dollars in compensation if we decide for almost any reason to stop fracking.   Just like with the insurance companies and healthcare insurance.  Which is just as crazy because fracking wells only last a short time. its projected to raise the price of energy in the US, a lot.  The rest of what I think is too speculative but it involves a big scam, like the bank scam in 2008. Targeting US taxpayers. I see it coming. Thats how they operate now."}
{"_id": "543044", "title": "", "text": "Nope not gonna do it.  Every single person tries to reduce their tax burden, so when a company does it suddenly they are bad.  Get real.  Plenty of companies, liberal loving and conservative companies alike.  Good for them."}
{"_id": "543049", "title": "", "text": "OR, the US government could finally take responsibility for taking care of ALL of it's citizens and create some good social programs by cutting it's military expenditure.  Just kidding. Trump wants 10x more nukes. Sigh.  Sadly, the Americans are going to suffer A LOT before a responsible govenrment can come into being."}
{"_id": "543079", "title": "", "text": "An alternate take on it might be that an employee who enjoys their work, their environment, and their co-workers has less incentive to look around, and may not even leave if they were offered 50% more. Perhaps efficiency measured in dollars isn't always a good measure."}
{"_id": "543085", "title": "", "text": "Since you brought up the salary thing a few times; yes, if the manager was hired at a 50k salary, he should still be taking home his 50k, plus his tips. That's the difference between being an owner and just an employee.   If you want your managers more invested, try a small salary + % over profits each month as a bonus. $400/week + 10% of profits, defined as over X amount in sales each month. Or something more appropriate pay and expectation wise for your location.a"}
{"_id": "543099", "title": "", "text": "Well, yes.  Lewis (and anybody) is presuming that you accept take advantage of good fortune.  In his own example, though, he wasn't in any way prepared to go into finance.  Having gotten there, and established himself even, he pitched it in favor of writing a book.  Neither of those examples supports everyone calling luck the result of work plus brains."}
{"_id": "543103", "title": "", "text": "I am a flight attendant on a private jet and I hear a bank CEO   discussing a merger or a buyout. I proceed to purchase that stock   before the announcement. The CEO did not tell me to buy it, I just   overheard him. If you are a flight attendant on a private jet that is operated by one of the principals, probably including a bank, attorney, consultant, broker, etc., in the merger or buyout, then you probably have a fiduciary duty to safeguard the information and are prohibited from trading. Please see: http://www.kiplinger.com/article/investing/T052-C008-S001-would-you-be-guilty-of-insider-trading.html You\u2019re a janitor at a major company. You hear members of the company\u2019s   board convening outside the room you\u2019re cleaning and decide to hide in   the closet. The board okays a deal to sell the company for a fat   premium to the current share price. You load up on the shares. Illegal   insider trading? Definitely. This is not a public place, and \u201cyou\u2019d be in a position to   understand that confidential information was being disclosed, which   changes the calculus,\u201d says Andrew Stoltmann, a Chicago-based   securities lawyer. Also see: http://meyersandheim.com/how-to-win-an-insider-trading-case/ However, between these two extremes of a bystander with no duty to the   corporation and a corporate officer with a clear duty to the   corporation stood a whole group of people such as printers, lawyers   and others who were involved in non-public transactions that did not   necessarily have a duty to the company whose securities they traded.   To address this group of people the courts developed the   misappropriation theory. The misappropriation theory covers people who   posses inside information and who are prohibited from trading on such   information because they owe a duty to a third party and not the   corporation whose securities are traded. Yours is the perfect example. You owe a duty to your employer to operate in its best interests. As for the broader, more common example, where you overhear information in an elevator, restaurant, in line at the coffee shop, etc., trading on such information was found not to be insider trading in SEC v. Switzer: http://law.justia.com/cases/federal/district-courts/FSupp/590/756/2247092/  In this case, Mr. Switzer overheard information at a track meet and traded on it with profits. The court found:  The information was inadvertently overheard by Switzer at the track meet. Rule 10b-5 does not bar trading on the basis of information inadvertently revealed by an insider. On the basis of the above findings of fact and conclusions of law, the   court orders judgment in favor of defendants."}
{"_id": "543114", "title": "", "text": "If your employer does not provide you with a place to work but nevertheless expects you to get work done, then having a place to work is a condition of employment."}
{"_id": "543123", "title": "", "text": "Are you looking for one of the ways to satiate your hunting adventure? We at Colorado Private Ranches can dole out an absolutely pleasurable experience. We offer unguided DIY Elk and Deer hunting and lodging facilities with the complete assurance of begetting a thrilling adventure. http://www.2findlocal.com/b/12388347/colorado-private-ranches-winnsboro-louisiana"}
{"_id": "543128", "title": "", "text": "I'd try that in a heartbeat. Mind you, I'm not a lonely individual, but I greatly enjoy catching a glimpse of alternate lives, both my own and those of others. I'd pay the extra fees to pick the person with whom I'd lay, most likely opting for the five-hour session. If need be, I'd even pay extra to be able to converse with my temporary partner, talking about their life, and giving them a glimpse into my own, if they are interested. The emotional and physical discovery from such an experience would make me that much more rich of a person."}
{"_id": "543137", "title": "", "text": "Sign up for a free online dating account at benaughty-dating.com.  Our internet casual dating website has over 1 million members so you\u2019ll always find someone near you. BeNaughty.com guarantees security and confidentiality of your personal data."}
{"_id": "543138", "title": "", "text": "\"Or you get much more efficent spending because they are focusing on what they think they need instead of merely buying what they were told to buy.  I've seen plenty of situations where we spent tens thousands of dollars to develop a piece of software that we could have bought for roughly 500. But hey, we had money in \"\"IT staffing\"\" but none in \"\"IT software\"\" so we had no choice.\""}
{"_id": "543153", "title": "", "text": "You are losing something - interest on your deposit.  That money you are giving to the bank is not earning interest so you are losing money considering inflation is eating into it."}
{"_id": "543161", "title": "", "text": "Well not over 50%. I would want a very very simple flat rate tax (say around 25-30%) with a high personal allowance (say around $25k) and no tax breaks etc. This seems to be the fairest. Low incomes pay the least and the rich are taxed fairly but not to the extent they feel the need to avoid it."}
{"_id": "543165", "title": "", "text": "\"This ehow article provides some answers to the question \"\"How to short US Treasury bonds?\"\": Open a futures account and short the government 10 year treasury bond contract. There is no accrued interest to be paid. Margin on bond futures is less than 10 percent of market value. In addition, there will be no need to cover the account short with a specific bond. Simply buy back the contract in the open futures market.\""}
{"_id": "543168", "title": "", "text": "What i dont understand is that you actually agree with me that the US is the safest debt issuer at this time but go off on a tangent about how you are sick of this argument? which argument? trust me I get this but i dont think you do."}
{"_id": "543179", "title": "", "text": "Martin Shkreli was only able to do what he did, because of the stupid rules government put in place.  There is a reliable generic today.  Many, in fact.  But you can't buy it because it's foreign.  (Oh, think of all the poor Australians, Canadians, and Italians, dropping over dead from their unsafe pills!!! We can't allow that here!  /s)  It's $1 or less a pill in other first world countries with stellar pharmaceutical industries.  Congress could fix it in 10 minutes but they don't.  Shkreli played by the rules put in place."}
{"_id": "543184", "title": "", "text": "Yes, it is traditional to tip slaves. Which is what Uber drivers are; retarded slaves, who have not yet worked out that the true income of driving for Uber is never higher than 6 cents per mile. For many vehicles, the true rate will be negative.  Uber is really a way to steal money from yourself, that you have to pay back later - while giving money to Uber, and fucking up your car with massive miles.  If you get in the back seat of an Uber car, you know the person at the wheel is one of two things;  1) retarded   2) Dirt poor  Probably both.  Because if you understand maths, and Total Cost Of Ownership, then you would never ever sign up for Uber."}
{"_id": "543193", "title": "", "text": "\"Following up on @petebelford's answer: If you can find a less expensive loan, you can refinance the car and reduce the total interest you pay that way. Or, if your loan permits it (not all do; talk to the bank which holds the loan and,/or read the paperwork you didn't look at), you may be able to make additional payments to reduce the principal of the loan, which will reduce the amount and duration of the loan and could significantly reduce the total interest paid ... at the cost of requiring you pay more each month, or pay an additional sum up front. Returning the car is not an option. A new car loses a large portion of its value the moment you drive it off the dealer's lot and it ceases to be a \"\"new\"\" car. You can't return it. You can sell it as a recent model used car, but you will lose money on the deal so even if you use that to pay down the loan you will still owe the bank money. Given the pain involved that way, you might as well keep the car and just try to refinance or pay it off. Next time, read and understand all the paperwork before signing.  (If you had decided this was a mistake within 3 days of buying, you might have been able to take advantage of \"\"cooling down period\"\" laws to cancel the contract, if such laws exist in your area. A month later is much too late.)\""}
{"_id": "543199", "title": "", "text": "I have won a large amount of money on an online casino. How reputed is the company? Have you done any research around it? It has taken 2 months for me to see any payouts. Last week I received $2300 check from them.  Did you win everything in the same period? If so there is no reason why they sent you a smaller check of $2300 instead of the full amount. This should raise a red flag. Why would someone write multiple checks. The only valid reason is you won in different months. The payout for first month was $2300 and they sent a check. The payout for next month is large amount ... the request for Bank Details. that they would rather wire me the money and they are asking for my banking account number and routing number. Although giving bank account number and routing has some risks. This is the fundamental information that is need to make a credit to your account directly. You would be giving this to quite a few entities / people. In most countries, this information is printed on every check that you write from your account. Is this safe? Or am I stupid for even considering this? Online world is full of traps and this could be a scam. So proceed with extreme caution. Insist of check. In worst case open a different savings account, that does not allow direct debits, does not have over draft, etc. Use this to receive money and move it into your regular account."}
{"_id": "543220", "title": "", "text": "Alternatively, the US government could charter flights and offer free evacuation that way.   In all honesty, this is the way it would be most likely happen. They already have contracts with Southwest, Atlas, and many more. The most common use of these are troop &amp; family transportation."}
{"_id": "543223", "title": "", "text": "Let's say I have $10,000, and I invest said monies in mutual fund   XXXXX at $100/share, effectively giving me 100 shares. Now, let's   assume at the end of the year I have a 5% return. My $10,000 is now   $10,500. At what point does my investment benefit from compounded interest?   Monthly? Quarter? Yearly? Does it even benefit? Daily would be my answer as your investment, unless you are selling shares or not re-investing distributions is getting the following day's change that impacts the overall return. Consider how if your fund went up 2% one day and then 2% another day from that $10,000 initial investment. The first gain brings it up to $10,200 and then the second makes it $10,402 where the extra $2 is from the compounding. The key though is that these are generally small movements that have to be multiplied together. Note also that if your fund goes up and down, you may end up down overall given how the returns compound. Consider that your $10,000 goes up 10% to $11,000 and then down 10% to result in $9,900 as the return for up x% and down x% is (1+x)(1-x)=1-x^2 which in this case is 1% as 10% of 10% is 1%. The key is how long do you keep all the money in there so that the next day is applied to that amount rather than resetting back to the initial investment."}
{"_id": "543227", "title": "", "text": "I've used BigCharts (now owned by MarketWatch.com) for a while and really like them. Their tools to annotate charts are great."}
{"_id": "543239", "title": "", "text": "Videos linked by /u/Pas__:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [CNN treats politics like sports \u2014 and it\u2019s making us all dumber](https://youtube.com/watch?v=4pS4x8hXQ5c)|Vox|2017-04-17|0:06:03|27,676+ (95%)|679,751 [What happens when you treat health care like a soap opera](https://youtube.com/watch?v=6fKsBj2M-T8)|Vox|2017-06-07|0:06:17|19,172+ (93%)|476,243  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Pas__ ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=disdi8w\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v1.1.2b"}
{"_id": "543241", "title": "", "text": "\"I'm interning at a boutique firm that doesn't have an established or structured program. Frankly it often seems like they don't knows what to do with me. It feels like traders have lot to do, but they don't want to hand any of it off to the intern eager to do their menial stuff. I don't even know what their menial stuff is. It's a Catch-22: Can't learn without doing, can't do without being taught.   What should I be doing?   How often should I be going around asking \"\"What do you need me to do?\"\" without it getting annoying?\""}
{"_id": "543254", "title": "", "text": "You could classify the mortgage as a different assets class and then create automated additions and deductions to the account as deems fit. other than that quickbooks online is a bit fishy so it seems."}
{"_id": "543262", "title": "", "text": "Not everyone there is rich so not sure what you are getting at by labeling it as a rich community. Deal, NJ I can see you saying it as rich but not Lakewood. There are plenty of families there who honestly qualify for help from the Government."}
{"_id": "543264", "title": "", "text": "No, Walmart does not rely on government support of workers. That is a very child like view of the matter. Let's not make these people out to be victims. If those workers are not earning enough at Walmart, they should be searching for work elsewhere, or other jobs to supplement their incomes. Nobody is forcing them to work there. This type of job is really best suited for a student, or a retired person, who aren't trying to support a family, etc.  Also, Walmart is only one of a million businesses who operate as a low-cost leader, and I guarantee you that you enjoy the low prices that these companies charge on a regular basis. And this makes you a hypocrite, really, because your purchases are supporting their way of doing business, which in turn leads to the low wages. So if you really want to go down the blaming road, we can blame you as well.  Now, having said that, I believe a living wage is a good thing, and I support legislation in favor of this as a solution to the problem, rather than trying to stifle the natural flow of business by singling out one company and blaming them. And doing this won't harm companies like Walmart; they will still operate just as usual, only *all the prices, at every low cost store* will increase as a result of the higher wages."}
{"_id": "543267", "title": "", "text": "Article (behind paywall):  &gt; There has been a glut of gloomy Brexit predictions about the UK\u2019s financial services industry. Consultancy Oliver Wyman has said up to 75,000 jobs could leave Britain. EY, another consulting firm, thinks as many as 83,000 roles could move. The London Stock Exchange Group has plumped for 100,000.  &gt; Much of the analysis is based on worst-case \u201chard Brexit\u201d scenarios, involving only a very loose association or no deal at all between the UK and the EU. The banking industry would be most at risk, experts agree, but there would also be some impact on insurance. Analysts have been more optimistic, however, about the asset management industry.  &gt; For anyone paying attention over the summer break, though, this last piece of received wisdom has been thrown into doubt.  &gt; In mid-July, Esma, the EU securities regulator, published an opinion paper, suggesting national regulators should take a tougher line on policing the asset management sector after Brexit.  &gt; In particular, it zeroed in on \u201cdelegation\u201d rules that allow a fund management company registered in one country to outsource its asset management to another place, either within the EU or outside it.  &gt; This sounds like pretty arcane stuff. But it is crucial architecture for the European and global asset management industry. Philip Warland, a former Fidelity executive who is now a consultant, reckons about 90 per cent of EU assets under management make use of delegation rules. Most European funds are registered in Dublin or Luxembourg, but the actual fund management takes place globally, with the largest chunk delegated to London.  &gt; Anecdotal evidence suggests France is very keen to win more of this business. And when Esma published its paper, the UK industry smelled a rat. Not only is the regulator Paris-based, but the \u201cconvergence\u201d agenda, under which the opinion paper was published, is the responsibility of Sophie Vuarlot-Dignac, a seasoned French regulator.  &gt; The wording in the delegation section of the document has alarmed some fund managers. \u201cDelegation to non-EU entities could make oversight and supervision of the delegated functions more difficult . . . National competent authorities should therefore give special consideration to such delegation arrangements and be satisfied that their implementation is justified based on objective reasons despite the additional risks which may arise from them.\u201d  &gt; In plain language, that could mean at the very least that more risk management functions need to be put on the ground where a fund is registered, or at most that no fund management functions can be delegated outside the EU.  &gt; Taken to its logical extreme, this would not only be very disruptive for the asset management industry and the current hubs in the UK, the US and Asia where most of the best fund managers are based, but there would in likelihood be a second-order magnetic effect on the investment banks, whose traders and salespeople would need to follow their fund manager clients to parts of mainland Europe. If that happened, those apparently doom-mongering post-Brexit job-move predictions might start to look conservative.  &gt; According to Efama, the European fund management association, total assets under management in Europe last year were \u20ac22.8tn, equivalent to almost a third of the global total. More than 4,000 asset management groups are registered in Europe directly employing 100,000 people, nearly 40 per cent of them in the UK. Across the EU, close to half a million people are in jobs that service the asset management industry.  &gt; All of the above is a worst-case interpretation of a non-binding document. Eyes are now turning to the European Commission, which is due next January to review the AIFMD, a directive that covers \u201calternative\u201d asset managers such as hedge funds.  &gt; It may also review the directive on Ucits \u2014 the rules on mutual funds based in the EU. Even if the commission did decide the delegation rules should be tightened, any changes would need to go through the full EU process at the European Parliament and European Council. Fund experts believe Ireland and Luxembourg, which have prospered as global administration hubs for the industry thanks to the current rules, would reject calls for change, no matter how hard France pushes.  &gt; Such optimism may prove justified, but in the meantime another Brexit risk for London has appeared on the horizon."}
{"_id": "543275", "title": "", "text": "Depends, sure you could save a buck or two here and there but maybe that time could be used for better things - i.e. earning a side income It's all situational and relative to you and where you are in life - try things, don't be afraid of mistakes"}
{"_id": "543287", "title": "", "text": "\"&gt; a provocation of \"\"the unwashed masses\"\".  In 1944, FDR put a **94%** marginal tax on anyone earning more than $23,000 (that's $400k in today's terms). plus a **70%** corporate tax. This led to the great american boom where we got all our infrastructure in the 50s and 60s. That's when America was \"\"great\"\".   &gt; the American Dream is strong  it's actually well and truly over. the rot started in the mid 70s, and is now dead. there is a joke that they call it the \"\"American Dream\"\" because you would have to be asleep to believe it. watch this excellent documentary - trailer: https://www.youtube.com/watch?v=CyFSvnLnCZ0  edit: if you have more time, here in full: https://www.youtube.com/watch?v=RIgebDs6PoM\""}
{"_id": "543312", "title": "", "text": "\"Option pricing models used by exchanges to calculate settlement prices (premiums) use a volatility measure usually describes as the current actual volatility.  This is a historic volatility measure based on standard deviation across a given time period - usually 30 to 90 days.   During a trading session, an investor can use the readily available information for a given option to infer the \"\"implied volatility\"\".  Presumably you know the option pricing model (Black-Scholes).  It is easy to calculate the other variables used in the pricing model - the time value, the strike price, the spot price, the \"\"risk free\"\" interest rate, and anything else I may have forgotten right now.  Plug all of these into the model and solve for volatility.  This give the \"\"implied volatility\"\", so named because it has been inferred from the current price (bid or offer). Of course, there is no guarantee that the calculated (implied) volatility will match the volatility used by the exchange in their calculation of fair price at settlement on the day (or on the previous day's settlement).  Comparing the implied volatility from the previous day's settlement price to the implied volatility of the current price (bid or offer) may give you some measure of the fairness of the quoted price (if there is no perceived change in future volatility).  What such a comparison will do is to give you a measure of the degree to which the current market's perception of future volatility has changed over the course of the trading day.   So, specific to your question, you do not want to use an annualised measure.  The best you can do is compare the implied volatility in the current price to the implied volatility of the previous day's settlement price while at the same time making a subjective judgement about how you see volatility changing in the future and how this has been reflected in the current price.\""}
{"_id": "543340", "title": "", "text": "A good fundamental test book, besides Damodaran already mentioned in the comments, is: Valuation - Measuring and Managing the Value of Companies by Tim Koller, Marc Goedhart and David Wessels. It gives a very good breakdown of the DCF method for Valuation."}
{"_id": "543345", "title": "", "text": "I thought it was such a useful suggestion that I went ahead and created them. I'm sure you're not the only one who could derive some benefit from them, I know I will. http://www.investy.com/tools When I have some additional time, I will add the option for grace-periods, but for now I wanted to get them up so you could use the calculations as-is from the article. Enjoy. (Disclosure: I'm the founder of the site they are hosted on and I wrote the code for the calculators)"}
{"_id": "543348", "title": "", "text": "Banks work pretty hard to make themselves a big part of your life with bill pay, auto-deposit, loans and other services.  You need to carefully unwind each one and be on the lookout for fees.  If you close a savings account, will your checking account suddenly have fees?  If you stop auto deposit, will there suddenly be a fee? Do you have a business that deposits money?  A Google Ad sense account?  PayPal or the equivalent?  These all might be tied to your bank accounts. Wait a couple of months, leaving enough cash in the old back to prevent fees if possible.  If two months go by and there isn't any activity on the account, you can probably close it. After you are sure all the written checks have cleared, go to the back and get a counter check for the balance of the account.   You could alternately just write yourself one more check for the remaining balance and call the bank to close the account.  You could electronically transfer the funds if you wanted too.  HOWEVER, it is important to be careful of the timing, the last thing you want to do is write a check or transfer the money after the account is closed. (per Dilip Sarwate) If you do the check and phone call thing, make sure you do it in a short enough period of time that you don't incur a fee. Having and closing regular bank accounts won't have any tax implications in the US."}
{"_id": "543365", "title": "", "text": "\"In most cases of purchases the general advice is to save the money and   then make the purchase. Paying cash for a car is recommended over   paying credit for example. For a house, getting a mortgage is   recommended. Says who? These rules of thumb hide the actual equations behind them; they should be understood as heuristics, not as the word of god. The Basics The basic idea is, if you pay for something upfront, you pay some fixed cost, call it X, where as with a loan you need to pay interest payments on X, say %I, as well as at least fixed payments P at timeframe T, resulting in some long term payment IX. Your Assumption To some, this obviously means upfront payments are better than interest payments, as by the time the loan is paid off, you will have paid more than X. This is a good rule of thumb (like Newtonian's equations) at low X, high %I, and moderate T, because all of that serves to make the end result IX > X. Counter Examples Are there circumstances where the opposite is true? Here's a simple but contrived one: you don't pay the full timeframe. Suppose you die, declare bankruptcy, move to another country, or any other event that reduces T in such a way that XI is less than X. This actually is a big concern for older debtors or those who contract terminal illnesses, as you can't squeeze those payments out of the dead. This is basically manipulating the whole concept. Let's try a less contrived example: suppose you can get a return higher than %I. I can currently get a loan at around %3 due to good credit, but index funds in the long run tend to pay %4-%5. Taking a loan and investing it may pay off, and would be better than waiting to have the money, even in some less than ideal markets. This is basically manipulating T to deal with IX. Even less contrived and very real world, suppose you know your cash flow will increase soon; a promotion, an inheritance, a good market return. It may be better to take the loan now, enjoy whatever product you get until that cash flows in, then pay it all off at once; the enjoyment of the product will make the slight additional interest worth it. This isn't so much manipulating any part of the equation, it's just you have different goals than the loan. Home Loan Analysis For long term mortgages, X is high, usually higher than a few years pay; it would be a large burden to save that money for most people. %I is also typically fairly low; P is directly related to %I, and the bank can't afford to raise payments too much, or people will rent instead, meaning P needs to be affordable. This does not apply in very expensive areas, which is why cities are often mostly renters. T is also extremely long; usually mortgages are for 15 or 30 years, though 10 year options are available. Even with these shorter terms, it's basically the longest term loan a human will ever take. This long term means there is plenty of time for the market to have a fluctuation and raise the investments current price above the remainder of the loan and interest accrued, allowing you to sell at a profit. As well, consider the opportunity cost; while saving money for a home, you still need a place to live. This additional cost is comparable to mortgage payments, meaning X has a hidden constant; the cost of renting. Often X + R > IX, making taking a loan a better choice than saving up. Conclusion \"\"The general advice\"\" is a good heuristic for most common human payments; we have relatively long life spans compared to most common payments, and the opportunity cost of not having most goods is relatively low.  However, certain things have a high opportunity cost; if you can't talk to HR, you can't apply for jobs (phone), if you can't get to work, you can't eat (car), and if you have no where to live, it's hard to keep a job (house). For things with high opportunity costs, the interest payments are more than worth it.\""}
{"_id": "543421", "title": "", "text": "headcounts... I racked 12k in overtime compensation last year, asking the superiour why we wouldn't simply hire someone, seeing that the whole team worked under the same conditions, the answer was, headcount wouldn't get approved, while he was able to get the overtime compensation approved due to sourcing the funds from a different budget, getting a new perm proves difficult - especially if you function in a matrix. it's corporate politics that requires a fight, that only few superiours will risk, if it's not them haging over the edge as a result &amp; a damn shame, if you ask me, seeing that there are so many young well educated people not having any work at all. if you think the extra bucks is nice: working years on overtime bears cost, that's not worth the money - on the other hand, you also have people that have to work overtime without having the choice of compensation."}
{"_id": "543443", "title": "", "text": "Businesses underprice -- sometimes severely -- to gain market share all the time. When I started my company 14 years ago we were charging peanuts and losing money on every deal, all we cared about was building a customer base and we figured we would properly monetize later. We lost money in the short run, but the strategy worked."}
{"_id": "543463", "title": "", "text": "The likely outcome of adding extra money to your escrow account is that the bank will send you a check for excess funds at the end of the year (or whenever your property tax and insurance payments are processed). Could you just redeposit that money immediately? Possibly. I bet most banks wouldn't care and would just follow the routine of clearing the excess from the account next time they process payments. I've never received a 1099 for interest in an escrow account. It is possible that when you start earning enough interest that a 1099 is required by law ($10/year) that the bank gets a little more aggressive about pushing your money back to you. I'm not sure why that hassle is any better than just opening up your average internet savings account (many don't have any of the fees you mentioned) and parking it there with a similar interest rate. You can deposit and withdraw using ACH transactions that post by the next business day. That said, unless they do start rejecting your money, there aren't a lot of downsides in your plan."}
{"_id": "543476", "title": "", "text": "Crypto will make us all rich when it becomes the new standard highly volatile currency.   As we all know how attractive a highly volatile currency is.   Who doesn't want to save on 1% banking fees for cross border transactions when you could use crypto and potentially make or lose 20%.   /s"}
{"_id": "543515", "title": "", "text": "https://mediabiasfactcheck.com/about/  Media Bias/Fact Check (MBFC News) is an independent online media outlet. MBFC News is dedicated to educating the public on media bias and deceptive news practices.  MBFC News\u2019 aim is to inspire action and a rejection of overtly biased media. We want to return to an era of straight forward news reporting.  Funding for MBFC News comes from site advertising, individual donors, and the pockets of our bias checkers.  MBFC News follows a strict methodology for determining the biases of sources. Dave Van Zandt is the  primary editor for sources. He is assisted by a collective of volunteers who assist in research for many sources listed on these pages.  MBFC News also provides occasional fact checks, original articles on media bias and breaking/important news stories, especially as it relates to USA politics.  MBFC News was founded by Dave Van Zandt in 2015.  Dave studied Communications in college and over the years has focused on personal research in media bias and the role of media in politics.  Dave is a registered Non-Affiliated voter who values evidence based reporting.  https://www.mywot.com/en/scorecard/mediabiasfactcheck.com  https://mediabiasfactcheck.com/2016/07/20/the-10-best-fact-checking-sites/  Far from perfect, they are pretty good."}
{"_id": "543522", "title": "", "text": "\"#####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Share repurchase**](https://en.wikipedia.org/wiki/Share%20repurchase): [](#sfw)   ---  &gt;  &gt;__Share repurchase__ (or __stock buyback__) is the re-acquisition by a [company](https://en.wikipedia.org/wiki/Company) of its own stock.  In some countries, including the [US](https://en.wikipedia.org/wiki/United_States) and the [UK](https://en.wikipedia.org/wiki/United_Kingdom), a [corporation](https://en.wikipedia.org/wiki/Corporation) can repurchase its own [stock](https://en.wikipedia.org/wiki/Stock) by distributing [cash](https://en.wikipedia.org/wiki/Cash) to existing [shareholders](https://en.wikipedia.org/wiki/Shareholder) in exchange for a fraction of the company's outstanding [equity](https://en.wikipedia.org/wiki/Shareholders%27_equity); that is, cash is exchanged for a reduction in the number of [shares outstanding](https://en.wikipedia.org/wiki/Shares_outstanding).   The company either retires the repurchased shares or keeps them as [treasury stock](https://en.wikipedia.org/wiki/Treasury_stock), available for re-[issuance](https://en.wikipedia.org/wiki/Issued_capital).  &gt;Under US [corporate law](https://en.wikipedia.org/wiki/Corporations_law) there are five primary methods of stock repurchase: open market, private negotiations, repurchase '[put](https://en.wikipedia.org/wiki/Put_option)' rights and two variants of self-tender repurchase: a fixed price [tender offer](https://en.wikipedia.org/wiki/Tender_offer) and a [Dutch auction](https://en.wikipedia.org/wiki/Dutch_auction). In the late 20th and early 21st centuries, there was a sharp rise in the volume of share repurchases in the US: [US$](https://en.wikipedia.org/wiki/United_States_dollar)5 [billion](https://en.wikipedia.org/wiki/1000000000_(number\\)) in 1980 rose to US$349 billion in 2005.   &gt;It is relatively easy for insiders to capture insider-trading like gains through the use of \"\"open market repurchases\"\". Such transactions are legal and generally encouraged by regulators through safe-harbours against [insider trading](https://en.wikipedia.org/wiki/Insider_trading) liability.    &gt;  ---  ^Interesting: [^Accelerated ^share ^repurchase](https://en.wikipedia.org/wiki/Accelerated_share_repurchase) ^| [^Dividend](https://en.wikipedia.org/wiki/Dividend) ^| [^Equity ^\\(finance)](https://en.wikipedia.org/wiki/Equity_\\(finance\\)) ^| [^Treasury ^stock](https://en.wikipedia.org/wiki/Treasury_stock)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjwf4oy) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjwf4oy)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)\""}
{"_id": "543544", "title": "", "text": "\"While acknowledging that the Affordable Care Act (aka Obamacare) had much success in providing coverage to low-income Americans\u2014particularly through the law's expansion of Medicaid\u2014Commonwealth Fund President David Blumenthal, M.D., said the U.S. healthcare system is still not working as well as it could for Americans, and it works especially poorly for those with middle or lower incomes.\"\"  \"\"Underscoring this point, the Commonwealth Fund's analysis noted that \"\"in the U.S., 44 percent of lower income and 26 percent of higher income people reported financial barriers to care.\"\" In the U.K., these percentages are seven and four.\"\"  Want to bet that a good chunk of those 44% were in states that didn't expand Medicaid?\""}
{"_id": "543545", "title": "", "text": "\"&gt; Boeings requirements for it's mechanics is \"\"pass drug test, graduated high school\"\".  ...And that's where I stopped reading. You know what the problem is with guys that \"\"started using a headhunter immediately after junior year ended\"\" is? They think they know about things they have no idea about. You're out of your league, kid. And I say that understanding full well your illustrious credentials.\""}
{"_id": "543563", "title": "", "text": "As someone who knows about farms, I am surprised you don't realize most mega farms use antibiotics not because of normal animal health issues but due to feeding animals a diet that keeps them sick birth to slaughter (cows are not meant to eat corn for example). Or because of unhealthy, densely packed environments (chickens who can't even move while living in their own filth)."}
{"_id": "543567", "title": "", "text": "\"You obviously know staggeringly little about the automotive industry. Thanks for putting it on display.  _edit_ You talk about companies like GM and BMW like they haven't been working on electric systems for _years_, and you throw the word \"\"technology\"\" around like some kind of buzzword you don't understand. The Model S does not operate on \"\"magic\"\", and outside of the drive train is no more sophisticated (less if you look at the actual available features) than your average E-Class or 5 series.\""}
{"_id": "543580", "title": "", "text": "Thank you!  I will read up on that.  Makes me wonder whether there is a niche market in european countries with a growing muslim population, or the majority of muslims do not care if their banking is sharia conform."}
{"_id": "543581", "title": "", "text": "Wells Fargo or pre-sale Yahoo -- or any other large company that give golden parachutes to incompetent CEOs.  I have no illusions about my abilities.  On the other hand, I can't be any worse than some of those bastards."}
{"_id": "543584", "title": "", "text": "2,000 hours or 2,500 hours at time-and-a-half  Yikes!  OK, so let's say you work a full 40 hours a week, 50 weeks a year (2 weeks vacation.) That's 2000 hours right there.   If you're pulling in 2000 hours of OT that means you're working 80 hours a week, 16 hour days.  I make $27.88/hour on my current gig, OT would be 41.82 * 2000 hours would be $83,653 on top of the $58K I already make. $141K per year. In order to hit $221,000 their wage must be $43.51/hour with an annual income of 90,500.8 for 40 hours a week and then $130,530 for working the additional 40 hours a week."}
{"_id": "543589", "title": "", "text": "\"Your question contains a faulty assumption: During crashes and corrections the amount of sellers is of course higher than the amount of buyers, making it difficult to sell stocks. This simply isn't true.  Every trade has two sides; thus, by definition, for every seller there is buyer and vice versa.  Even if we broaden the definition of \"\"buyers\"\" and \"\"sellers\"\" to mean \"\"people willing to buy (or sell) at some price\"\", the assumption still isn't true.  When a stock is falling it is generally not because potential buyers are exiting the market; it is because they are revising the prices they are willing to buy at downward.   For example, say there are a bunch of orders to buy Frobnitz Consolidated (DUMB) at $5. Suppose DUMB announces a downward revision to its earnings guidance. Those people might not be willing to buy at $50 anymore, so they'll probably cancel their $50 buy orders.  However, just because DUMB isn't worth as much as they thought it was, that doesn't mean it's completely worthless.  So, those prospective buyers will likely enter new orders at some lower value, say, $45.  With that, the value of DUMB has just dropped by $5, a 10% correction.  However, there are still plenty of buyers, and you can still sell your DUMB holdings, if you're willing to take $45 for them. In other words, the value of a security is not determined by the relative numbers of buyers and sellers.  It is determined by the prices those buyers and sellers are willing to pay to buy or accept to sell.  Except for cases of massive IT disruptions, such as we saw in the \"\"flash crash\"\", there is always somebody willing to buy or sell at some price.\""}
{"_id": "543603", "title": "", "text": "The oat cream is even better. Unlike soy cream it behaves just like normal cream for cooking. My wife can't deal with cream and until we discovered oat cream I had to drop a lot of awesome stuff from our menu.  I still bring it back every time I visit Europe.  (I have also secretly been hoping for a stop because you are not supposed to bring in dairy products, but the customs boys are either keen or - more likely - not paying attention)"}
{"_id": "543606", "title": "", "text": "The satisfaction from gains packs less of an emotional impact than the fear of loss. It's very difficult for many people to overcome this fear, so when prices begin to fall, many investors sell to minimize their potential loss. This causes a further drop, which can lead to more selling as other investors reach their emotional threshold for loss. This emotion-based selling keeps the market inefficient in the short term. If there aren't enough value investors waiting to scoop up the stock at the new discount, it can stay undervalued for a long time."}
{"_id": "543607", "title": "", "text": "This may not apply in your particular situation, but I think it's important to mention: When a debt collector doesn't act like a debt collector, it may be because they aren't actually a debt collector. It's certainly strange that someone called you to collect money from you, and when you asked for a simple document, they not only got off the phone quickly but they also told you the debt would be cancelled. That just doesn't make sense: Why would they cancel the debt? Why wouldn't they send you the document? My initial impression is that you were possibly being scammed. The scam can take on many forms: Whenever you are called by a debt collector (or someone pretending to be one), it's a good idea to verify their identity first. More info here."}
{"_id": "543612", "title": "", "text": "Masai Auto City is a trustable place, from where you can buy active used car which is certified by our expert team. If you have to buy the second hand and want to save the money, then you should come here and visit our place. We have more than 1000 thousand insisted car that is every our car dynamic and awesome in condition Skudai used car. We offer you most noticeable second hand that is all around ensured the vehicle from our ruler gathering, they check the car. The Masai Auto City is a decent open door for those individuals who need to spare the cash and purchase second hand auto in the best condition."}
{"_id": "543616", "title": "", "text": "It depends on how long it will take you to pay off the personal loan, the rate for the personal loan, the refi rate you think you can get, how much principal you will have to add to get the refi (may have gone up since then). Since you did not provide all the necessary details, the general answer is to sketch out your total payments (mortgage + personal loan) with and without the refi over the life of the mortgage and see if you end up with more money in your pocket with the refi. My overall impression based on the details you did provide is that you will probably find it worthwhile to do the refi."}
{"_id": "543619", "title": "", "text": "I've had the same thoughts recently and after reading Investing at Level 3 by James Cloonan I believe his thesis that for the passive investor you're giving up too much if you're not 100% in equities. He is clear to point out that you need to be well aware of your withdrawal horizons and has specific tactics for shifting the portfolio when you know you must have the money in the next five years and wouldn't want to pull money out when you're at a market low. The kicker for me was shifting your thought to a plotting a straight line of reasonable expectations on your return. Then you don't worry about how far down you are from your high (or up from your low) but you measure yourself against the expected return and you'll find some real grounding. You're investing for the long term so you're going to see 2-3 bear markets. That isn't the the time to get cold feet and react. Stay put and it will come back. The market gets back to the reasonable expectations very quickly as he confirms in all the bear markets and recessions of any note. He gives guidelines for a passive investing strategy to leverage this mentality and talks about venturing into an active strategy but doesn't go into great depth. So if you're looking to invest more passively this book may be enough to get you rolling with thinking differently than the traditional 70/30 split."}
{"_id": "543630", "title": "", "text": "Except the ads before a movie are not the primary revenue source, and just because data can be gathered, doesn't mean it is worth anything. Unless they have some incredibly obtuse and far reaching method of finding all kinds interconnecting phenomena, their data isn't going to be much better than what theaters or a service like Fandango probably already offer. There's an endless web of attributes that can make or break a movie, and studios have been refining prediction, measurement, and testing for decades. I don't think a movie ticket app is going to have any game changing insights that tells them who to cast, how to write, or who to market to. It isn't that hard to work out demos and viewing habits of their audience, in fact it's probably among the easiest data they already collect."}
{"_id": "543634", "title": "", "text": "When I worked for a few years in Ontario, there was Paternity Leave. I didn't pay much attention to how it worked, but I think the parents could split the leave up among themselves as they saw fit. So when my manager Phil had a kid, his wife took off for the first few months, and when she was ready to go back to work, he took off for the remaining few months.  Which is really how it should be in America. What if the woman is the one with the higher salary? It might make more sense for the couple to have the man take the majority of the leave, minus some time for physical recovery and the early bonding."}
{"_id": "543638", "title": "", "text": "I'm a two time Dungeons and Dragons World Champion - or whatever.  There are as many ways to answer your question as there are ways to be competitive. But that's not the point. I think you're doing yourself a disservice by employing a pop-psychology approach that has very little value in evaluating potential candidates. You'll succeed in picking out who shares your interest in sports, but little else. Even the famous [Meyers-Briggs Test](Meyershttp://en.wikipedia.org/wiki/Myers-Briggs_Type_Indicator#Reliability) has been generally dismissed as unreliable.  Seeking information in a roundabout way is like shooting an arrow into the air and hoping to hit the bullseye. Just aim directly for the target and you'll get better results. If you want to know if someone is competitive, ask them if they're competitive. - explain why a competitive nature is important. Complete transparency and honesty is always the best approach.   Any trained psychologist will tell you (and I know several) that your method is not only ineffective, but recklessly assumptive."}
{"_id": "543642", "title": "", "text": "\"You will be able to use the subsequent 4% matching contributions as repayments toward the HBP in the same tax year. You can designate it as such when you do your tax return for the year. Note that the first payment for HBP will be in the second year after you withdraw from your RRSP, but you are free to designate any contributions before this time toward the HBP repayment. One blog post indicates that if you pay more than the minimum amount in any year (including pre-payments prior to the first required payment), \"\"future payments will be the remaining amount owing divided by the number of payment years remaining.\"\" My experience with my LLP repayment (similar to HBP) is the same.\""}
{"_id": "543645", "title": "", "text": "\"&gt; As for point c if you believe that it is a requirement for companies to pay above welfare levels then campaign for that to become law.  This is technically true, but if you believe it is even remotely possible  with the current political climate we live in, then this is also incredibly naive.  Wal-Mart spends millions and millions in lobbying efforts  precisely to stop the kind of laws you're talking about from happening.  To solve this at the political level, we'd first need to have a federal  government that functioned in the first place.  But as long as Republicans  filibuster and block *everything and anything* the \"\"other side\"\"   proposes, we ain't solving even simple matters, much less this one.  What we need is for more people to understand what the problem is, the imbalance, the unfairness.  This is at the heart of the Occupy movement.  But this message is detrimental to the mass media outlets,  so that balloon is deflated as soon as it gets too big.\""}
{"_id": "543686", "title": "", "text": "\"Because it ignores several important facts, namely:  A) The base value from infrastructure is derived on a per-capita basis. It is a \"\"fixed cost\"\" as opposed to a variable one. In other words, roads are just as useful to me as they are to you regardless of my net worth. A tank, a missile, a police officer protects me the same as it does anyone else.  B) As a percentage of income, infrastructure is far more valuable to low-income individuals than high-income individuals. A simple example: if I have $5M in net worth, I can invest it in the stock market and stay home. If you don't have that option, you need to go to work and that will likely require roads. I won't be taking unemployment benefits, but you are far more likely to. And so on.  C) The activities of business owners generate massive tax revenues. These far outweigh their personal utility from infrastructure.  D) Society captures the majority of individual commercial efforts (estimates vary, but typically 85%). In other words, if I generate $10.00 of value as an entrepreneur, I will realistically be able to capture only $1.50 of that.  The \"\"infrastructure\"\" argument has been shamelessly used to fool low and middle income voters. The truth is that infrastructure benefits these voters (and the government) far more than it does wealthy individuals.\""}
{"_id": "543691", "title": "", "text": "Use software that calculates your net worth and track it over time. I track my personal finances in Mint, and I love checking my net worth every week. It's turned into a kind of competition with myself...  It's like keeping track of how fast you run a 5k, or how many pounds of weight you've lost. It helps you determine if you are making progress, and if you, it's positive reinforcement that you are doing the right things."}
{"_id": "543701", "title": "", "text": "They could have just lowered the price of the car. They were selling a 75 battery at this price with just some digital handcuffs added so that the previous 75 battery people wouldn't get sour that the car they had bought at a certain price was now cheaper. It's DRM. If the hardware can do more but the software deliberately won't let it, it's DRM. If you're fine with this practice then you're fine with it. I don't like it at all. You don't have to agree with me.  P.S. Will space ships from SpaceX in the future be like this too? I used to want a Tesla model S, but now I don't. I don't want a car that someone else controls. Unfortunately many cars today are like that."}
{"_id": "543709", "title": "", "text": "The company provides the best motorbike services center in Florida. While protection is an aggregate misfortune protection strategy, that will pay the distinction of the sum your cruise insurance agency pay's you for an aggregate misfortune on your bike and the estimation of your bike credit. Is it true that you are acquiring a utilized cruiser or Henderson motorcycles? On the off chance that so there is presumably impossible for you to buy hole protection on the grounds that most hole protection strategies are just great on fresh out of the box new motorcycle."}
{"_id": "543714", "title": "", "text": "I'm answering this from a slightly different angle, but there are people (individuals) who will do this for you. I know private Forex traders who are 'employed' to manage Forex trading accounts for wealthy individuals. The trader takes a percentage of the wins but is also responsible for a percentage of the loss (if there is a loss in a particular month). However the fact that the trader is able to prove that they have a consistent enough trading history to be trusted with the large accounts generally means that losses are rare (one would hope!). Obviously they have contracts in place (and the terms of the contract are crucial to the responsibility of losses) etc. but I don't know what the legalities are of offering or using this kind of service. I just wanted to mention it, while perhaps not being the best option for you personally, it does exist and matches your requirements.  You would just have to be extremely careful to choose someone respectable and responsible, as it would be much easier to get ripped off while looking for a respected individual to trade your account than it would be while looking for a respected firm (I would imagine)."}
{"_id": "543731", "title": "", "text": "Assuming you're residential and light commercial (maintenance, etc), pedal your wares to local businesses, landlords, churches, etc, but come with information ready to go (rates, services, contact information, payment options).  Businesses need people that they can rely on just as much as individuals, and those businesses are made up of individuals that can use you when they need something (I used my office's plumber/HVAC tech when I needed a new main - I knew that they had a good rep because we'd been using them for so long).  Also, those businesses can provide you with regular business since they may need regular, scheduled maintenance.  You'll need to find the office or building manager.  Make sure that your good clients have some extra copies of your card so that they can do some marketing for you.  When it comes to plumbing, a lot of people are worried about 1) price, 2) experience &amp; abiltiy, 3) professionalism, 4) warranty.  It's not only hard to get this from a phone book or a website, it's hard to trust it.  But, when you get the information from one of your friends, it carries weight.  So, following that, treat your clients well.  Be fair, be clean, be honest.  When you've got a problem, take care of it quickly and thoroughly.  These will pay you back if you're playing the long game.  Keep your guys, your truck, and your work-space clean.  Uniforms, or at least shirts, make you look like you've got it together.  Also, it provides your clients with a sense of security because they can recognize who you are.  Whether you're working on a house or a business, it is likely not *your* house or business, so remember that you a guest.  Be courteous, not familial but professional, protect their property by not tracking mud or leaving pipe dope smears on the doors.    Look for ways to build your bottom line and help your client at the same time.  If you've got to hack up a front yard, offer to include grading and reseeding in your price.  It makes the job feel finished, and often it is something that the client doesn't want to be involved in anyway.  You don't know anything about grading or seeding?  Hook up with a trusted local landscaper that can do it for you, but cover it in your price to keep the client with a single source.  Best of luck.  Plumbing is not an easy job.  It takes a tough person to want to handle other people's sewage."}
{"_id": "543769", "title": "", "text": "\"'dumb on purpose'? -- uncalled for.  The primary point of the comment you replied to was calling out that a bike vs a tesla was not much of a race at all...specifically a \"\"bike racing a car\"\".  You replied 'not sure if serious', focusing on an inconsequential detail of the statement (price of the bike).  The parent could have said $10k or 20k and it still wouldn't have invalidated the primary point.\""}
{"_id": "543770", "title": "", "text": "Some platforms/brokers have HTB indication for a stock symbol, meaning Hard To Borrow. That usually means you can't sell it short at the moment."}
{"_id": "543776", "title": "", "text": "Since you are not paying the full balance off each month you are carrying a balance from month to month. That balance is being charged some interest rate X. With a balance transfer, the new credit card pays off that balance. As a result you now have a balance of the same amount (plus any processing charges) on the new credit card. Hence the balance has transferred from the old to the new. And you now pay the new credit card. Ideally you do this because the new credit card is offering a reduced interest rate, saving you money. Though be warned often that transfer rate is a limited time deal and any left over after the window expires will be charged the higher rate."}
{"_id": "543780", "title": "", "text": "It might mean Equal Weighted based on Market cap, rather than Price?  For instance, All of MSCIs indexes are based on security's market cap, but then a factor is applied to give them equal weights once a quarter.  From then on, weights will fluctuate based on market cap performance.    Edit.  Not sure why down voted, but you can check here http://www.msci.com/eqb/methodology/meth_docs/MSCI_Equal_Weighted_Indices_Methodology_May11.pdf  So each quarter weights are set to be equal, but then between quarters the weights fluctuate due to performance"}
{"_id": "543787", "title": "", "text": "Recently had a discussion with my boss about how absurdly valued these tech acquisitions happen to be, but reading the article made me realize a little more. People are voting with their money -- we are funding people very cheaply based on the ideas they have."}
{"_id": "543792", "title": "", "text": "You're realizing the perils of using a DCF analysis.  At best, you can use them to get a range of possible values and use them as a heuristic, but you'll probably find it difficult to generate a realistic estimate that is significantly different than where the price is already."}
{"_id": "543794", "title": "", "text": "Don't forget: Praise in public, criticize in private. Continue to see the best in people until they give you a reason not to and always keep taking chances on your employees. Rely on them to know their strengths. That will gain a professionals respect."}
{"_id": "543806", "title": "", "text": "\"No idea if Linkedin will be helpful but seek and you will find.     Of all the most \"\"successful\"\" people I've wanted to learn from and have reached out to, all have been willing to help. Offer to buy them lunch/dinner etc. Go somewhere nice. Draw it out. You'll learn a lot.\""}
{"_id": "543807", "title": "", "text": "Wrong on so many counts.  I have worked with many start-ups, and the well-run ones have all payed their employees good salaries.  They also have mostly older employees (30+) with families and kids, and work reasonable hours.  If you are worried about some VC guy, then don\u2019t let them scam you.  It is their job to squeeze the most equity for the least amount.  As long as whoever in charge knows what they are doing, this will never happen.  Remember, first and foremost, it is a business, and if you see it not making money, or not having the possibility of making money, then don\u2019t work there.  Know what you are getting paid, and know your equity. It can work out great.  I know a lot of people who have ridiculous amounts of cash working at start-ups, and they all stick together and use their experience to have repeat successes."}
{"_id": "543811", "title": "", "text": "\"I think to some extent you may be confusing the terms margin and leverage. From Investopedia Two concepts that are important to traders are margin and leverage. Margin is a loan extended by your broker that allows you to leverage the funds and securities in your account to enter larger trades. In order to use margin, you must open and be approved for a margin account. The loan is collateralized by the securities and cash in your margin account. The borrowed money doesn't come free, however; it has to be paid back with interest. If you are a day trader or scalper this may not be a concern; but if you are a swing trader, you can expect to pay between 5 and 10% interest on the borrowed money, or margin. Going hand-in-hand with margin is leverage; you use margin to create leverage. Leverage is the increased buying power that is available to margin account holders.  Essentially, leverage allows you to pay less than full price for a trade, giving you the ability to enter larger positions than would be possible with your account funds alone. Leverage is expressed as a ratio. A 2:1 leverage, for example, means that you would be able to hold a position that is twice the value of your trading account. If you had $25,000 in your trading account with 2:1 leverage, you would be able to purchase $50,000 worth of stock. Margin refers to essentially buying with borrowed money.  This must be paid back, with interest.  You also may have a \"\"margin call\"\" forcing you to liquidate assets if you go beyond your margin limits. Leverage can be achieved in a number of ways when investing, one of which is investing with a margin account.\""}
{"_id": "543812", "title": "", "text": "\"In India, Can I write a multi-city cheque to myself (Self cheque) and present to non-home branch to withdraw money? If yes, Can bank deny this transaction?  Yes you can. There are limitations on the amount advised from time to time.  What is \"\"genuine transactions / bonafide remittances\"\"? The multi-city cheque were created / issued to ease the clearing time. Previously outstation cheques would take max of 1 month by law. having a Multi-City cheque reduces this to max of 3 days. So what the clause says is one should use MCC to make genuine payments for parties outside your city. These should not be used as conduits for money laundering activities. No cash payment to third parties It means cash payment is not given to others except to account holder in non-home branch. A 3rd party can withdraw from home branch.  Suppose someone gave me a cheque and I don't have an account in that bank (or I am out of town, so I go to a non-home branch), how can I get the money in cash? You can't. Generally I have seen that this can be en-cashed in the same city and not necessarily the same branch. However its been sometime when I have done this. Best is deposit this into your Bank or have payer initiate an IMPS/NEFT transfer.\""}
{"_id": "543842", "title": "", "text": "You only pay tax on the capital gain of the bond, not the principal, unless the source of the money for the principal was gain from another investment, if that makes sense.   In other words, if you bought the bond with income earned from your job, that money was already taxed as income, so it isn't subject to taxation again when you redeem the bond.  On the other hand, if you cashed out of one investment and used those proceeds to buy a bond, then the entire amount might be taxable."}
{"_id": "543856", "title": "", "text": "the pots will be negligible, however this capital could be used better elsewhere if I was to withdraw them. You won't be able to withdraw the money. Notwithstanding the recent 'pension freedom' changes, money put into a pension is still inaccessible until age 55 at the very earliest, and probably later by the time you get there. You should have been Advised of this every time you enrolled into a scheme, although it may well have been buried in something you were given to read. The best you can do (and what I would recommend, although of course this post isn't Advice) is to transfer the pensions to a personal pension, for example a SIPP, wherein you will be able to control where the money is invested. Most SIPP providers will gladly help you with such transfers. Would it be beneficial to keep these smaller pots with their respected schemes The reason I suggest transferring is that leaving the funds in workplace schemes that are no longer being contributed to is a surefire way of finding yourself invested in poorly-performing neglected funds, earning money for no one beyond the scheme provider."}
{"_id": "543874", "title": "", "text": "\"common sentiment that no investor can consistently beat the market on returns.  I guess its more like very few investor can beat the market, a vast Majority cannot / do not. What evidence exists for or against this? Obviously we can have a comparison of all investors. If we start taking a look at some of the Actively Managed Funds. Given that Fund Managers are experts compared to common individual investors, if we compare this, we can potentially extend it more generically to others. Most funds beat the markets for few years, as you keep increasing the timeline, i.e. try seeing 10 year 15 year 20 year return; this is easy the data is available, you would realize that no fund consistently beat the index. Few years quite good, few years quite bad. On Average most funds were below market returns especially if one compares on longer terms or 10 - 20 years. Hence the perception Of course we all know Warren Buffet has beat the market by leaps and bounds. After the initial success, people like Warren Buffet develop the power of \"\"Self Fulfilling Prophecy\"\". There would be many other individuals.\""}
{"_id": "543887", "title": "", "text": "\"Simple answer YES you can, there are loads here are some links : world first , Baydon Hill , IPF Just googling \"\"foreign currency mortgage\"\", \"\"international mortgage\"\", or \"\"overseas mortgage\"\" gets you loads of starting points.  I believe its an established and well used process, and they would be \"\"classified\"\" as a \"\"normal\"\" mortgage. The process even has its own wiki page Incidentally I considered doing it myself. I looked into it briefly, but the cost of fee's seemed to outweigh the possible future benefits of lower interest rates and currency fluctuations.\""}
{"_id": "543898", "title": "", "text": "The sentence you quoted does not apply in the case where you sell the stock at a loss. In that case, you recognize zero ordinary income, and a capital loss (opposite of a gain) for the loss. Reference: http://efs.fidelity.com/support/sps/article/article2.html"}
{"_id": "543901", "title": "", "text": "How to sell and buy a car online? Flipcar is the best platform to sell my car and Supercar online without any hassle at best deals. We provide the best car selling options for customers and take care of the overall process. Call us at 08005335662 for more details!"}
{"_id": "543921", "title": "", "text": "There is nothing conceptually wrong with it.  If you like it that way, go ahead. The only thing to watch out for is bank policies that effectively penalize having many small accounts.  For instance, some banks charge you a fee for checking accounts with a balance below a certain minimum, but will waive the fees for accounts with a higher balance.  You may be able to avoid such fees by judicious management of your funds (or by switching to a different bank), but it's something to be aware of.  (The interest rates on savings accounts also often vary with the balance, making many small balances less efficient than one big balance.  However, right now, at least in the US, interest rates on savings accounts are so low that the difference here is likely to be minimal.)"}
{"_id": "543927", "title": "", "text": "3) Isn't strictly true, as off market swaps do trade quite regularly. For example, if the company has a bad credit rating, an off market swap is often executed to cover the credit costs (and essentially the cost of the bank's capital Under BASEL III.) Hence a bank shouldn't trade at mid."}
{"_id": "543932", "title": "", "text": "I must live in an alternate reality.  All the popular kids at my old high school (pop. approx. 2k) are hating life right now and a huge population of the less popular are doing stellar.  It's one of the great things about Facebook.  The revenge of reality."}
{"_id": "543942", "title": "", "text": "\"That would not count as income since you would essentially be transferring money \"\"between accounts\"\", though I believe that would also be against your credit card provider and/or Square's Terms of Service. Edit: As has been mentioned, Square may report this to the IRS as income for you, however more importantly: This is 100% against Square's ToS: User Agreement which you are required to accept in creating an account Restricted Use ... You also may not use the Services to process cash advances. You may not use the invoices feature of the Services to send invoices to yourself or in any other manner for which the invoices feature is not intended. Commercial Entity Agreement At Visa/Mastercard's discression, you may be required to agree to this as well for the acceptance of card payments that are \u201cCommercial Entities\u201d as defined by Visa, Inc. and MasterCard International, Inc. (collectively, the \u201cCard Brands\u201d) (aka if you use it to accept Visa or MasterCard). Relevant portion: Cash Advances. Seller shall not disburse or advance any cash to a Customer (except as > authorized by the Card Brand Rules) or to itself or any of its representatives, agents, or employees in connection with a Transaction, nor shall Seller accept payment for effecting credits or issuing refunds to a Customer. This is a form of what is known as Credit card kiting\""}
{"_id": "543945", "title": "", "text": "\"You don't even need to wear special or sexy cloths. Just be \"\"nice\"\" to the right people, and, especially with women, it will work wonders.  P/S: I would also add that you don't even need to be very good at your work if you are being \"\"nice\"\". Just be reasonable and average with the quality of your work.\""}
{"_id": "543996", "title": "", "text": "In the long term, a P/E of 15-25 is the more 'normal' range. With a 90 P/E, Facebook has to quadruple its earnings to get to normal. It this possible? Yes. Likely? I don't know.  I am not a stock analyst, but I love numbers and try to get to logical conclusions. I've seen data that worldwide advertising is about $400B, and US about $100B. If Facebook's profit runs 25% or so and I want a P/E of 20, it needs profit of $5B on sales of $20B (to reconcile its current $100B market cap). No matter what FB growth in sales is, the advertising spent worldwide will not rise or fall by much more than the economy. So with a focus on ads, they would need about 5% of the world market to grow into a comfortable P/E.  Flipping this around, if all advertising were 25% profit (a crazy assumption), there are $100B in profit to be had world wide each year, and the value of the companies might total $2T in aggregate.    The above is a rambling sharing of the reasonable bounds one might expect in analyzing a stock. It can be used for any otherwise finite market, such as soft drinks. There are only so many people on the planet, and in aggregate, the total soft drink consumption can't exceed, say 6 billion gallons per day. The pie may grow a bit, but it's considered fixed as an order of magnitude.   Edit - for what it's worth, as of 8/3/12, the price has dropped significantly, currently $20, and the P/E is showing as 70X. I'm not making any predictions, but the stock needs a combined higher earnings or lower valuation to still approach 'normal.'"}
{"_id": "544020", "title": "", "text": "When the inflation rate increases, this tends to push up interest rates because of supply and demand: If the interest rate is less than the inflation rate, then putting your money in the bank means that you are losing value every day that it is there. So there's an incentive to withdraw your money and spend it now. If, say, I'm planning to buy a car, and my savings are declining in real value, then if I buy a car today I can get a better car than if I wait until tomorrow. When interest rates are high compared to inflation, the reverse is true. My savings are increasing in value, so the longer I leave my money in the bank the more it's worth. If I wait until tomorrow to buy a car I can get a better car than I would be able to buy today. Also, people find alternative places to keep their savings. If a savings account will result in me losing value every day my money is there, then maybe I'll put the money in the stock market or buy gold or whatever. So for the banks to continue to get enough money to make loans, they have to increase the interest rates they pay to lure customers back to the bank. There is no reason per se for rising interest rates to consumers to directly cause an increase in the inflation rate. Inflation is caused by the money supply growing faster than the amount of goods and services produced. Interest rates are a cost. If interest rates go up, people will borrow less money and spend it on other things, but that has no direct effect on the total money supply. Except ... you may note I put a bunch of qualifiers in that paragraph. In the United States, the Federal Reserve loans money to banks. It creates this money out of thin air. So when the interest that the Federal Reserve charges to the banks is low, the banks will borrow more from the Feds. As this money is created on the spot, this adds to the money supply, and thus contributes to inflation. So if interest rates to consumers are low, this encourages people to borrow more money from the banks, which encourages the banks to borrow more from the Feds, which increases the money supply, which increases inflation. I don't know much about how it works in other countries, but I think it's similar in most nations."}
{"_id": "544053", "title": "", "text": "\"Not sure why this hasn't received any answers yet... the link to the investopedia page you posted explains it pretty well, however when you hear about a golden cross in the media, it is most likely a reference to the 50-day SMA crossing above the 200-day SMA.  In general, a golden cross consists of a short term MA that was previously below a long term MA crossing above that LT MA, however the most common reference will imply a 50/200 day cross because this is considered as a stronger signal (compared to shorter MAs). With that said, it's important to realize that the golden cross is just one of many technical analysis \"\"signals\"\", and the entire field of technical analysis is considered controversial, to say the least.  Many studies, such as those examined in A Random Walk Down Wall Street, have found that after transactions costs are considered (e.g., the commissions you pay to your broker on every trade), \"\"charting\"\" is a losing proposition in the end.\""}
{"_id": "544057", "title": "", "text": "It's not something for nothing. Tiger woods made billion dollars. He gave half to his wife. 500m sitting making money in investments. His only skill is swinging a stick at a ball and hitting it exactly where it needs to be. Now he is making 50m a year off his investments. Not sure if you noticed, America has a 600b deficit. That taxation creates federal jobs. And jobs employed by payments of the federal government. Good hard working people."}
{"_id": "544066", "title": "", "text": "Since you already have established a set of expenses, most importantly your rent. Blair Hodgson DuQuesnay said, \u201cYou don\u2019t want to spend more than one-third of your take-home pay on your housing, whether that\u2019s rent or a mortgage. With almost everything else, you can work from there.\u201d She also recommends that your static bills \u2014 housing, utilities, and other fixed expenses that recur monthly \u2014 don\u2019t take up more than 50% of your budget. If you can keep them even lower than 50%, like, say 40% or 35%, you\u2019ll have even more spending money for everything from food to clothing to savings. So basically, it is time to start to be worried if you are exceeding half of your budget on your expenses. Forbes has an excellent article on how new grads can plan to budget their money."}
{"_id": "544070", "title": "", "text": "\"Personally, I think you are approaching this from the wrong angle.  You're somewhat correct in assuming that what you're reading is usually some kind of marketing material.  Systematic Investment Plan (SIP) is not a universal piece of jargon in the financial world.  Dollar cost averaging is a pretty universal piece of jargon in the financial world and is a common topic taught in finance classes in the US. On average, verified by many studies, individuals will generate better investment returns when they proactively avoid timing the market or attempting to pick specific winners.  Say you decide to invest in a mutual fund, dollar cost averaging means you invest the same dollar amount in consistent intervals rather than buying a number of shares or buying sporadically when you feel the market is low. As an example I'll compare investing $50 per week on Wednesdays, versus 1 share per week on Wednesdays, or the full $850 on the first Wednesday.   I'll use the Vanguard Large cap fund as an example (VLCAX).  I realize this is not really an apples to apples comparison as the invested amounts are different, I just wanted to show how your rate of return can change depending on how your money goes in to the market even if the difference is subtle.  By investing a common dollar amount rather than a common share amount you ultimately maintain a lower average share price while the share price climbs.  It also keeps your investment easy to budget. Vanguard published an excellent paper discussing dollar cost averaging versus lump sum investing which concluded that you should invest as soon as you have funds, rather than parsing out a lump sum in to smaller periodic investments, which is illustrated in the third column above; and obviously worked out well as the market has been increasing. Ultimately, all of these companies are vying to customers so they all have marketing teams trying to figure out how to make their services sound interesting and unique.  If they all called dollar cost averaging, \"\"dollar cost averaging\"\" none of them would appear to be unique.  So they devise neat acronyms but it's all pretty much the same idea.  Trickle your money in to your investments as the money becomes available to you.\""}
{"_id": "544082", "title": "", "text": "The management expense ratio (MER) is the management fee, plus all of the other costs required to run the fund, excluding any trading costs. Here's a pretty good explanation."}
{"_id": "544084", "title": "", "text": "Im not gonna get into the rabit hole about the direction of this country dont have nearly enough time for that lol but i acrually agree with u on alot of what u said actually.     &gt;I have an issue with people using any drug everyday. But most people don't drink and get drunk daily.    Do u find issue with a person having a beer or a couple glasses of wine every other day? Same applies to mj most users arent getting completely blasted everyday and i have sources to prove it if youre interested.   &gt;But to reply to what you said, things like alcohol have rules. You can't drink everywhere, you can't drink and drive, etc... There needs to be some rules for MJ.  Not trying to be rude but you havent even  done your research on mj laws in your own state. Prop 64 is almost identical to drinking laws so you're absolutely incorrect here   &gt;I'm completely okay with medicinal use, but most people don't use it in that way.   Youre right but my point was alcohol is perfectly legal and offers no medicinal value isn't that a bit ridiculous?   With all due respect man you dont seem like an unintelligent person but you are greatly misinformed about alot of this stuff. I think youre a bit hung up politcal divides conservative vs liberal. You'd greatly benefit from educating yourself on the matter of mj. There's a reason why many conservatives also support mj legalzation including myself. Id be willing to send u some credible information if you're interested."}
{"_id": "544092", "title": "", "text": "There are two basic ways you can separate your investments from the dollar (or any other currency)."}
{"_id": "544107", "title": "", "text": "Used car dealers will sometimes deliberately issue high-interest-rate subprime loans to folks who have poor credit. But taking that kind of risk on a mortgage, when you aren't also taking profit out of the sale, really isn't of interest to anyone who cares about making a profit. There might be a nonprofit our there which does so, but I don't know of one. Fix your credit before trying to borrow."}
{"_id": "544129", "title": "", "text": "One of the attractions of used cars in Indianapolis and elsewhere is their value, which may not be reflected by their costs. While used cars may carry a price tag that\u2019s half that of a brand new one, the drop is not necessarily relative to the quality but to the natural depreciation that all cars are subjected to."}
{"_id": "544132", "title": "", "text": "Why wouldn't they just impose a limit on how many cancellations an account could have or a surcharge for cancelled rides after X amount of cancellations. The fact that the one phone got 1500+ cancellations associated with it is a greater sign of Lyfts weakness than anything. They should thank them for bringing to light new controls that need to be put in place"}
{"_id": "544145", "title": "", "text": "Nope,. Southern California. Offers the fastest direct flight to Seattle, talent will always be plentiful cause the weather is nice. People will want to live there and jobs will be plentiful if things don't work out with Amazon you can look in LA, OC and SD."}
{"_id": "544148", "title": "", "text": "\"Sounds like he might be a good resource. Even if school doesn't start soon, start learning. It's a competitive field because the people in it are driven, so you should be too. There's a ton of books out there, and the more you know the easier it will be to figure out the path you want to go down; or if it's even something you want to pursue. A few books on kindle are a hell of a lot cheaper than college is, and in my opinion college is a lot easier when you have a set goal instead of a \"\"maybe this could be for me\"\" attitude.\""}
{"_id": "544165", "title": "", "text": "\"I did a focus group on their tablet, and asked about outside network connectivity and using it as a general compute device, the response was, nope it's only intended for use on the in home intranet as a \"\"media\"\" device on our closed system.  Everyone else in the group thought my question and idea were good...oh well.   BTW, this was 3+ years ago\""}
{"_id": "544172", "title": "", "text": "Did you see the I don't know part, as in, I don't know what the right solution?    The ups were probably from people like me, who aren't experts in the market either, but still see a fundamental disconnect between what's happening now and what the presumed purpose of the market was claimed to be - a funds raising mechanism for companies."}
{"_id": "544174", "title": "", "text": "Yes Absolutely! You will need to provide Sharekhan with a cancelled cheque from OBC which has your account number and name on it. They will link that to your DMAT account, and any settlements/dividends paid will directly be deposited into your OBC bank account.  Any time you need to deposit money into your DMAT account, you will need to provide Sharekhan with a checque from OBC and they will credit the amount and you can buy anything you like. Cheers."}
{"_id": "544175", "title": "", "text": "\"Honestly just keep track of your income and spending on a piece of paper. Write down every single thing.  Also set goals like \"\"ok I will make $1000 this month, and my goal is to pay bills of $200 and only spend $500 therefore I should easily be able to save $300\"\" or something like that.   Just do it there's no magic trick despite what some million stupid articles and forum posts will lead you to believe.   Saving money is like being in good shape... or keeping yourself clean... it's an every day, every hour kinda thing\""}
{"_id": "544234", "title": "", "text": "Jobs don't mean anything by themselves. If you are increasing part time positions but not full time there may be no gain in income/productivity. Also if wages aren't increasing but debt is that means the portion of average take home wage that goes towards interest is increasing as well."}
{"_id": "544236", "title": "", "text": "Basically, no.  Selecting an actively managed fund over a low-fee index fund means paying for the opportunity to possibly outperform the index fund. A Random Walk Down Wall Street by Burton Malkiel argues that the best general strategy for the average investor is to select the index fund because the fee savings are certain. Assuming a random walk means that any mutual fund may outperform the index in some years, but this is not an indication that it will overall.  Unless you have special information about the effectiveness of the bank fund management (it's run by the next Warren Buffett), you are better off in the index fund. And even Warren Buffett suggests you are probably better off in the index fund: This year, regarding Wall Street, Buffett wrote: \u201cWhen trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients. Both large and small investors should stick with low-cost index funds.\u201d"}
{"_id": "544238", "title": "", "text": "\"Welfare (food, shelter, health care) without the means/option to get off of it (jobs) is pointless.  Currently, it is a bridge to nowhere due to our leaders' obsession with shipping our jobs away, not increasing compensation, being unwilling to hire and train us, and/or allowing US workers to be undercut by illegal immigration.    Welfare (faring well) is a much needed a temporary bridge to self sufficiency.  Now it has just become the only \"\"fare\"\" available and a slide into employment oblivion.\""}
{"_id": "544254", "title": "", "text": "\"Actually sounds like an interesting concept for a business, potentially! (grin) You know, depending on where you live and how big the market is, you might see if there's a local \"\"concierge\"\" service.  These are companies that will act like personal shoppers/assistants for you in all kinds of ways.  I can't speak to the quality of their services or the pricing they use, but it would be a great place to start. I'm sure you can find listings of them on the web.\""}
{"_id": "544256", "title": "", "text": "There is no denying the fact that Laptops, PCs, smartphones as well as Tablets presenting numerable opportunities to serve home and business user\u2019s needs. Continuous use of PCs and laptops for meeting office and home task can lead to slow system performance."}
{"_id": "544274", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/1055287/an-error-made-in-1925-led-to-a-crisis-in-modern-science-now-researchers-are-joining-to-fix-it/) reduced by 85%. (I'm a bot) ***** &gt; Fast forward more than a century later, and many researchers believe Fisher&amp;#039;s choice of.05 has led to a crisis in science.  &gt; What&amp;#039;s to be done? A new proposal, authored by 72 prominent statisticians, economists, psychologists and medical researchers, offers a simple answer: Use.005 instead. &amp;quot;This is an idea whose time has come,&amp;quot; the University of Southern California behavioral economist Daniel Benjamin, a lead author of the paper, told Quartz.  &gt; Benjamin points out that in two fields in which the p-value threshold was reduced, genetics and high energy physics, the change emerged from researchers who thought it was necessary for the maintaining the reliability of findings.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6v73kx/an_error_made_in_1925_led_to_a_crisis_in_modern/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~195821 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **research**^#1 **finding**^#2 **published**^#3 **new**^#4 **Fisher**^#5\""}
{"_id": "544288", "title": "", "text": "But their strategy is not debt spending to increase demand. Every time we start getting anywhere near a balanced budget they cut taxes again so that they can continue blaming the deficit on pork barrel spending. Forcing ever more draconian budget cuts that will never ultimately balance the budget. It's called a [starve the beast](https://en.wikipedia.org/wiki/Starve_the_beast) strategy.   Deficit spending does drive demand short term. But as this debt rises so does the rent seeking cost of that debt. After some point this debt cost exceeds the benefits derived from the debt incurred in any given year. Just because you cab say the debt incurred this year exceeds the cost of the debt incurred this year does not mean that these benefits will remain positive overall as the debt remains on the books indefinitely, not just for the year they were incurred. This is not to claim that all debt is bad, but you can't make broad statements about the benefits of debt in general.  Most such debt spending is a complete waste. Because your taxes are not defined by how much they take from your paycheck alone. When debt is used for consumption spending, rather than investment spending that increases productive capacity, this consumption leaves fewer goods and services remaining on the market for the rest of the consumers competing for it. Raising your cost of living. Your tax rate is not determined by how much money the government takes from you. It's determined by how much they spend. That is how much they are taking from the consumer market.   Granted, given the [low wages relative to capital returns](http://www-tc.pbs.org/prod-media/newshour/photos/2012/12/06/Andrew_Smithers_chart_blog_main_horizontal.JPG), demand (consumption) is overly suppressed. Resulting in an [overproduction](https://en.wikipedia.org/wiki/Overproduction) problems. Which makes debt spending look even more financially appealing, because it's not actually suppressing the already excessive demand constraints. But this is because you wages have been suppressed. So instead of paying taxes you are working for a lower income. In fact the loss of wages, relative to capital returns, i.e., your cost of living, actually well exceeds your tax cut. Your just paying those taxes through lower wages, or an increased cost of living, instead of taxes out of your paycheck. So your being conned out of that money while the people doing it are pretending to cut taxes.  The same [applies to the rich (PDF)](https://www.gsb.stanford.edu/sites/gsb/files/jmp_simcha-barkai.pdf) in a different way. There is a limit to how rich you can get from a population of poor people. When you cut wages too far below productive capacity to save cost it dries up demand. People can't afford as much of your product as you can produce. So they cut jobs, i., production, to match market demand, which drives demand even lower. Pushing inflation and the velocity of money to historic lows in spite of an increased money supply. This also makes it unprofitable to invest in new productive capacity when market demand is already saturated. Wages, relative to capital returns, must increase to fix it. But if you take it too far it drives inflation to unacceptable levels. But, at the present ratio, we are a long ways from that."}
{"_id": "544313", "title": "", "text": "I understand what you're saying, but to me the circumstances are different. No scientist was or is predicting overnight calamity due to climate change. Predictions are for long-term change.   Various economics 'experts' on reddit, however, have been predicting imminent collapse for a long time. Krugman is also not saying to run a deficit forever; he follow Keynes, who said spend when times are tough and save when times are good."}
{"_id": "544321", "title": "", "text": "\"&gt; EVERYONE has one or more of those \"\"lucky events\"\" in their lives.  Your assertion.  I don't see any reason to accept it as a fact, however.  If everyone were to have pounced on 'their' moment, does that mean an equally successful opportunity will definately open up for everyone else?\""}
{"_id": "544328", "title": "", "text": "\"He is wrong.  Using Total Return (Reinvesting Dividend), from the peak in December 1999, it only took 6 years to recover.   You can check the data for free here. Make sure you choose \"\"Gross Index Level\"\".  ACWI Index is Developed Markets + Emerging Markets.  World Index is Developed Markets only.\""}
{"_id": "544337", "title": "", "text": "So ... how are you going to have a bank run if you got rid of cash? I suspect big investors will attempt (have already attempted?) to pull their cash, but regular people? Not like running to the ATM will do much good and I don't think they have offshore accounts.  Excuse my na\u00efvet\u00e9, but that's the first thing that came to my mind..."}
{"_id": "544349", "title": "", "text": "The simple answer is to not close your American bank accounts - or if you have already done so, open one. Make sure it allows for internet banking, and use it to pay all your bills. Periodically move some money from your Canadian account to your US account to cover the bills. I have done this between Canada and the UK for fifteen years now. An alternative is to set up a USD account at your Canadian bank.  Most organizations will happily mail your bills abroad, unless the bills are actually associated with an address, like a utility - in which case you should get the person living there to take care of them. Much better is to use electronic billing for everything."}
{"_id": "544352", "title": "", "text": "What beats me in all of this, is who's the stupid advertiser thinking annoying potential customer by interfering their content consumption will bring more business....The logic of the whole marketing decision making chain, ratified by higher echelons, totally escapes me."}
{"_id": "544357", "title": "", "text": "&gt; The attempt at nation building was a military venture.  No, it really wasn't. That was a U.S. government venture with a significant portion of it run out of the State Department and USAID. USAID alone had some 50k+ contractors (i.e. about 1/3 of all contractors in Iraq) working for it at one point. Due to the fucking retarded nature of funding, I would not be surprised at all to find out that those contractors were counted as DoD despite having nothing to do with the DoD.  &gt;Quibbling over how many carry guns versus wash dishes isn't the point, really.  It is relevant, and here is why. A lot of the base services provided by those contracted personnel either were not truly required (and in the absence of cheap contracted labor, would not have been done at all - like having other people to do your laundry for you, or to scrub down the bench at the gym whenever you walked away from it) or would have required a lot less people if done by Americans (skilled labor specifically). Those numbers are artificially inflated by labor that was non-essential and by inefficient labor.  So while it certainly represents outsourcing, I don't think that the raw body count is a fair representation. It takes a dozen Kenyan guards to do what 2 soldiers would normally do at a checkpoint."}
{"_id": "544358", "title": "", "text": "If you're living in a market where some houses are going for $150K over asking, then you MUST buy before you sell.  In a seller's market, you will get multiple offers on your current house when you decide to sell, it will sell for (well) over asking, and you can dictate possession dates.  You do not need to worry about selling your own home, if you have a competent realtor. But buying a home is an entirely different story.  You may struggle to find something affordable, and there may be multiple buyers each time you decide to make an offer.  You may go through this cycle several times over many months before your offer  is accepted.  You should do this while living in your own home, with the comfort of knowing that you can sell your own home easily at any time, instead of the stress of an imminent closing date on your own home.  Or worse, move into rented space or Malvolio's mom's house for months or a year while the market increases by 15% and the houses in your old area are now selling for $100K more than you sold for.  Ouch, now you really can't afford to buy what you want, and you may end up buying something equivalent to what you used to own, for more, plus legal, realtor, and land transfer costs. If the closing dates don't align, then bridge.  This will only end up costing a few hundred dollars, less than $1K including legal fees (the lawyer will also charge to handle this).  But by buying before you sell, you'll easily make up that difference. This advice only applies to hot property markets.  I'm not a realtor, just a guy living in the GTA who went through this process last year.  Lost out on three offers over 10 months, then bought for asking price on fourth offer (very fortunate), then sold for $90K over asking, then bridged for 2 months.  My realtor is awesome and made the process as stress free as it can be.   Get a good realtor, start house hunting while preparing your own house for sale, and enjoy the process.  Also you should negotiate with your realtor, they may be willing to reduce their commission on your sale if they are also representing you on the purchase. Good luck! P.S. Do not make a contingent offer, and do not accept one.  Get your financing in place before you make an offer, and if you are concerned about inspection, you can also do that before the offer, if you act quickly.  The inspection will cost ~$500, but it will increase the value of your offer by much more than that since you will be going in without conditions.  I spent ~$1,000 on two property inspections on homes I lost out on, and I don't regret it.  That is the cost of doing business. The other offers on the home I eventually bought were for significantly more than my offer, but they had conditions.  I saved at least $40K by being condition free, and I only spent $1,500 on three property inspections.  And, some people will just drop out of the multiple offer scenario when they learn that one of the buyers has done an inspection."}
{"_id": "544362", "title": "", "text": "33,000 killed and 3.9 million injured. Add up all the medical bills, insurance premiums, auto repair bills, some accidents require roads and other infrastructure to be repaired, productivity lost due to death or injury, productivity / time lost to traffic caused by accidents, any costs that arise from sick leave or finding a new job due to extended absences, and any other miscellaneous costs and I think it's more than feasible. That 900 billion dollar figure doesn't refer to how much the government spends on car accident related costs, it's talking about the economic impact as a whole.   It specifies the economic costs are more like $270 billion."}
{"_id": "544370", "title": "", "text": "My response was actually about the stupidity of nitpicking and the fallaciousness of the public preoccupation with minimalist government spending.  I made no argument that the government need to be lavish.  And I agree, first class is not necessary in almost all cases. But it is easier to be productive in first class.  And if you're competing with the private sector for talent, there are certain places that skimping is both counter to productivity and strategic outcomes.  You want the best medical doctors working for the NIH and the CDC. Forcing shitty working conditions on them out of rigid demands is not a useful tactic.  And, again, I agree: harassing entry level and working class employees over small issues isn't good for the staff, the government or the people they serve.  If you want to find CHIP and food programs, quit giving out corporate welfare in the form of overpurchasing military hardware the Pentagon doesn't even want just for the sake of chest thumping and looking good.  And stop insisting that all taxes are spent inefficiently - it's untrue.  But making highly educated, powerful government employees live on the cheapest possible benefits and costs of employment is silly. And counterproductive - it moves you closer to ensuring government dollars are inefficient because no one talented will bother staying."}
{"_id": "544374", "title": "", "text": "No one knows if the market is high right now.  To know that you would need to compare it to the future, not the past. If you put all your money in right now, you run the risk of putting it in at what turns out to be a bad time.  If you spread it out, you will for sure put some of it in at a bad time (either the stuff you put in now, or the stuff you put in later).  The strategy that, on average, will make you the most money is to put everything in now.  If your risk tolerance allows that (it sounds like it does) then I think going all in makes sense. There really aren't significant downsides to buying a ton at once.  You aren't going to move the needle on a big Vanguard fund with that amount and there isn't a tax consequence or anything to buying.  Of course, when you sell, you will need to pay capital gains tax on any gains, but that's a later chapter. The bigger consideration is to be smart right now about avoiding taxes.  If your income is low, max out your Roth IRAs.  If you need to you can later use that money for a house or you can pull the contribution part out at any time if you want without a penalty. Is a $50K buffer too much?  Normally I would say yes, it's excessive.  I have 5 rather expensive kids and I keep $20K in cash, which seems high, if anything.  However, if you are unemployed or your income isn't covering your expenses, then keeping a larger pot in cash makes good sense until your cash flow firms up.  Setting $50K or something close to that aside sounds a lot like something I would do in your shoes. BTW where are you finding a savings account that pays 2%?"}
{"_id": "544376", "title": "", "text": "There is a whole pile of information on TFSAs here. I recommend reading it. There is no penalty for withdrawing money from a TFSA as such. You can withdraw from it at any time. The only restriction is that you can't put the money you took out back in the same year (unless you have sufficient contribution room for it to be considered an additional contribution). This scenario explains it. There may be penalties for withdrawing money from the investment vehicle into which you paid the TFSA contents. For example your TFSA contents may be in a mutual fund, or in an interest-bearing savings account. If those have restrictions on how much you can withdraw, or have penalties for withdrawl, then you will have to abide by the rules and pay any penalties."}
{"_id": "544377", "title": "", "text": "\"Jesus, my man, you need a hug or something? Down on your luck? You're inferring a lot about my personal beliefs (I lean pretty heavy socialist) and coming pretty hard at me personally as though I'm stepping on your throat somehow.   That's not what I'm saying or my intention. I'd certainly prefer a socialist society where we take care of one another over sole self interest. You're right; I don't think we make a serious effort to champion socialist ideals in the US (not sure of your country of residence) anymore and I wish we did. That's decades of conservative politics and policies effectively making socialism a dirty word, as well as having communism as an enemy for decades while vaulting the \"\"wonders\"\" of capitalism (which I don't actually hate, but think needs boundaries and an understanding that we're better if everyone has basic needs and opportunities met) have made socialist ideals something of a pariah.   But, the key of all of that is people; they're the biggest issue with any system. If we were compassionate capitalists that championed fair competition and understood not everyone starts from the same point or has the same journey, we'd be better off. If communism wasn't riddled with cronyism and favoritism and people really shared in the means of production and wealth, maybe the world would work. But, that's not the case because people, perhaps not necessarily evil, are kinda dicks and have self-preservation ingrained in them; whether that's economic, social, or personal.\""}
{"_id": "544381", "title": "", "text": "\"Can she claim deductions for her driving to and from work? Considering most people use their cars mostly to commute to/from work, there must be limits to what you can consider \"\"claimable\"\" and what you can't, otherwise everyone would claim back 80% of their mileage. No, she can't. But if she's driving from one work site to another, that's deductible whether or not either of the work sites is her home office. Can she claim deductions for her home office? There's a specific set of IRS tests you have to meet. If she meets them, she can. If you're self-employed, reasonably need an office, and have a place in your house dedicated to that purpose, you will likely meet all the tests. Can I claim deductions for my home office, even though I have an official work place that is not in my home? It's very hard to do so. The use of your home office has to benefit your employer, not just you. Can we claim deductions for our home internet service? If the business or home office uses them, they should be a deductible home office expense in some percentage. Usually for generic utilities that benefit the whole house, you deduct at the same percentage as the home office is of the entire house. But you can use other fractions if more appropriate. For example, if you have lots of computers in the home office, you can deduct more of the electricity if you can justify the ratio you use. Run through the rules at the IRS web page.\""}
{"_id": "544389", "title": "", "text": "For IT departments internally billing is essential for managing expectations. Otherwise they are treated as an endless pool of free resources.  That said, it doesn't have to be just in terms of a dollar amount. For example, each department can be allocated a set number of hours per year for software development. That way they are forced to prioritize what they want instead of asking for everything up front.  IT shouldn't actually charge-back labor. To do so would force them to give up their staff budget with the hope that the other departments will give it back. Only charge-back actual physical items like computers."}
{"_id": "544402", "title": "", "text": "\"I don't know, it's interesting to see where my personal income falls in relation to the 1% break over. And I had not seen it broken down by age before. It's certainly click-bait, but I found it interesting to see that I've just got a *little* bit further to go to finally be considered \"\"the 1%\"\" assuming they don't move the goal posts.\""}
{"_id": "544420", "title": "", "text": "I actually really like the way you positioned this question. If you love what you are doing every day, why would you ever want to quit, right? I'd think of retirement as a safety net instead. Your retirement can be a fall back for if something happens if you are unable to work or deicide to work less. There are some really good answers listed here, but I think it depends on how you want to view, or rather define retirement."}
{"_id": "544426", "title": "", "text": "\"Shhh... Don't tell them 1x lumber is actually 3/4\"\". There will be another lawsuit.   I could see suing over being under the standard,  as it would throw off all your plans. This is a national standard that has been in place for decades.  Why should they pay for their customers' ignorance?\""}
{"_id": "544439", "title": "", "text": "\"As was stated, households earning over $250k/yr don't all get their income one way. Below that threshold, even in the six figure range, most households are in one of two categories; salary/wage/commission workers, and those living off of nest eggs/entitlements (retired, disabled, welfare). Above $250k, though, are a lot of disparate types of incomes: Now, you specifically mentioned wage earners above $250k. Wage earners typically have the same \"\"tax havens\"\" that most of us do; the difference is usually that they are better able to make use of them: In other words, there are many ways for a high-end wage earner to live the good life and write a lot of it off.\""}
{"_id": "544451", "title": "", "text": "I'll give it a shot, though I know nearly nothing about airlines. 1% is a lot when your revenue is very high. Lets say a plane can have 200 people on it. Plane tickets are a lot, so each person is charged $700 in this example. That's 140K in gross revenue per trip. 1% of that is $1400. You have several trips a day per plane. Lets say 5 trips a day per plane. Each plane is netting $7000 a day. Or around $2.5 million in profit a year. Lets say a commercial plane that has a capacity of 200, costs around $50 million. That's a 20 year ROI. Up your margins to 2%, now you're at 10 year ROI.  Plus depreciation. You get to depreciate that $50 million over the course of X years. Basically making all of the profits the airline gets, tax free due to their insane amount of depreciation.   Pair this income with cheap oil, and a smart CEO that can cut costs, and you have a cash cow on your hands. And given the fact that a lot of airlines have a ton of planes already depreciated to $0 that aren't on their books any more, you may be able to buy the airline for a fraction of their net assets.   Margins are important, but it's all relative.   Edit: Changed numbers to prove my point, and because I am not a smart man"}
{"_id": "544468", "title": "", "text": "Bernie Fucking Sanders. Elizabeth Warren? Ron Paul? Dennis Kucinich? There have been people that have tried to expose this. The same corporate system marginalizes them. But you're obviously a corporate apologist. So no manner of evidence will change your mind. Good Day."}
{"_id": "544470", "title": "", "text": "\"Yeah, I'm actually working on such a web server... And you're right, it's really an entire platform more than it is a web server (though you can certainly use it as \"\"just a web server\"\").  Also, I did loads of testing to see what it takes to prevent adblock from working properly. Avoid the obvious stuff like using standard banner sizes and serving images from a directory called \"\"ads\"\" (hehe).  I don't want to give away my secrets just yet but if you too make it your goal to work around adblock you'll find nearly impenetrable solutions in no time :)\""}
{"_id": "544485", "title": "", "text": "Wafer Type Check Valve We are engaged in manufacturing Multipurpose Wafer Check Valve which widely used in chemical and process industry. Our organization is the premier export from India and our sluice is manufactured with high grade quality of raw material. DCV Check Valves Disc Check Valves are recommended after traps discharging into closed systems to guarantee against return or spill back. DCVs feature a compact and rugged stainless steel design and are suitable for any process liquid and gas, not just steam. They can be mounted between pipe flanges in any direction. Swing Type Check Valve Available with us is a quality range of Valves (MMKE), which is manufactured as per the industrial quality standards at our vendors' end. These products also exhibit excellent strength and durability, that make them highly demanded by the customers. We make sure to offer these products at the customers' end after thoroughly checking these on various quality parameters."}
{"_id": "544486", "title": "", "text": "Application &amp; processing an application for obtaining a Registration under the Act to Regional PF commissioner. We would be receiving and keeping a track of all the Nomination &amp; Declaration Forms (Form#2) of all new enrollments for onward submission to PF Office. Our Team would be responsible for Submission of Nomination Forms (Form#2). We would be allotting the Individual P.F. A/c. Nos. and maintain their A/c.'s in the devised P.F. Register to be maintained. Monthly Payment Challans to be computed alongwith the desired MIS Reports would be our responsibility and the same would be handed over to your HR Team to make the payment on or before 15th of every month. Preparation and compilation of Monthly and Annual Returns would be our responsibility. All the Payments and Returns would be filed within the stipulated time and the adherence would be monitored by us. We would be submit application for transfer of fund , withdrawal applications and application for non- refundable claims for House repair / purchase of flat/ for post matriculate education , etc. We would be liasoning on behalf of the establishment with the authorities for ensuring smooth functioning, follow ups and retrieving the Annual Accounts Slips. We would also be attending the periodical Inspections on behalf of the establishment. The Responsibility of the Assessment would be limited for the period which would be coverable under our service tenure. We will keep the Company posted on all Amendments &amp; Development of the Act / various circulars issued by SRO time to time for awareness of employees as well as employer."}
{"_id": "544496", "title": "", "text": "You should probably visit Taco Bell again.  Their prices have gone up, and that's not at all true anymore.  See [their online menu](https://www.tacobell.com/food/tacos) for some prices.    That crunchy taco we used to get for like $0.49 is now $1.59."}
{"_id": "544506", "title": "", "text": "according to me it's the news about a particular stock which makes people to buy or sell it mostly thus creates a fluctuation in price . It also dependents on the major stock holder."}
{"_id": "544525", "title": "", "text": "Investors purchase additional shares all the time. Every investor that adds money to their investments does this every paycheck or every month. Investors do this every time they reinvest dividends, interest or capital gains. They also buy and sell shares when they decide to rebalance their portfolio.  Whether you are investing via a broker, mutual fund or ETF the investment company can handle this issue. You do want to know how they want you to specify which shares you want them to sell. The laws in your country may specify a default procedure, or what needs to be done if you want to use another procedure, or if you are allowed to change once you have specified a procedure."}
{"_id": "544527", "title": "", "text": "\"The CRA's website has pretty good information on this type of thing. The search function is not great, however, so I recommend going to Google and typing: If you search  It brings you here: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account/transfers/transfers-between-your-tfsas.html  \"\"If you want to transfer funds from one TFSA to another or from one issuer to another, there will be no tax consequences if your issuer completes a direct transfer on your behalf. For more information, contact your issuer.\"\" It seems that this is not something you are able to perform yourself. Unfortunately it seems you may need to go back to your issuer with this information and ask, again, that they perform the transfer on your behalf. Note that failure to comply with this request on their end likely has stiff penalties behind it, so it may help you to get the individual's name and wave that stick around to make something happen. You may also have better luck by first opening an account with your new desired institution, and asking that they assist in requesting the transfer from your old institution. They have incentive to help you here as it's the only way they get to serve you, so you'll have valuable help on your side.\""}
{"_id": "544544", "title": "", "text": "Theres an interesting dynamic in play: transaction fees vs. block reward.  The last few years running up to the present have seen a much greater inflationary supply than demand can sustain, leading to the swings of a speculative asset commodity. As block reward diminishes and fees start to sustain the economy more, we will see much more stability, hopefully allowing more liquidity to flow in and remain there. As this occurs, bitcoin starts to behave more like a currency."}
{"_id": "544545", "title": "", "text": "Planning for your kid\u2019s birthday party, you can do unique arrangement to make it special. Like-while choosing a birthday topic, include your kid, he or she can think of better and creative thoughts. Also choose an appropriate place as per the number of visitors, birthday subject, diversions and exercises."}
{"_id": "544553", "title": "", "text": "My simplest approach is to suggest that people go Roth when in the 15% bracket, and use pre-tax to avoid 25%. I outlined that strategy in my article The 15% solution.  The monkey wrench that gets thrown in to this is the distortion of the other smooth marginal tax curve caused by the taxation of social security. For those who can afford to, it makes the case to lean toward Roth as much as possible.  I'd suggest always depositing pretax, and using conversions to better control the process. Two major benefits to this. It's less a question of too late than of what strategy to use."}
{"_id": "544573", "title": "", "text": "Plenty of folks earn $300k/year from salary alone, and keep in mind this is household income. If you and your spouse are both educated and have a well paying jobs it's not all that difficult to hit that mark."}
{"_id": "544576", "title": "", "text": "\"I've never used them myself, but Scottrade might be something for you to look at. They do $7 internet trades, but also offer $27 broker assisted trades (that's for stocks, in both cases). Plus, they have brick-and-morter storefronts all over the US for that extra \"\"I gotta have a human touch\"\". :-)  Also, they do have after hours trading, for the same commission as regular trading.\""}
{"_id": "544578", "title": "", "text": "In my experience thanks to algorithmic trading the variation of the spread and the range of trading straight after a major data release will be as random as possible, since we live in an age that if some pattern existed at these times HFT firms would take out any opportunity within nanoseconds. Remember that some firms write algorithms to predict other algorithms, and it is at times like those that this strategy would be most effective. With regards to my own trading experience I have seen orders fill almost \u20ac400 per contract outside of the quoted range, but this is only in the most volatile market conditions. Generally speaking, event investing around numbers like these are only for top wall street firms that can use co-location servers and get a ping time to the exchange of less than 5ms. Also, after a data release the market can surge/plummet in either direction, only to recover almost instantly and take out any stops that were in its path. So generally, I would say that slippage is extremely unpredictable in these cases( because it is an advantage to HFT firms to make it so ) and stop-loss orders will only provide limited protection. There is stop-limit orders( which allow you to specify a price limit that is acceptable ) on some markets and as far as I know InteractiveBrokers provide a guaranteed stop-loss fill( For a price of course ) that could be worth looking at, personally I dont use IB.  I hope this answer provides some helpful information, and generally speaking, super-short term investing is for algorithms."}
{"_id": "544588", "title": "", "text": "\"left out of the pictures is the degree to which the ECB is buying their own bonds.  At least with the FedResInk, we know what sort of \"\"open market\"\" action is being taken to keep interest rates held as close to zero as possible.  I coke dealer can make sure his \"\"sales\"\" are through the roof by using his own product, but eventually he has to buy more supply.  I think people are confused about central banks being that coke dealer or being his supplier.\""}
{"_id": "544600", "title": "", "text": "Is there one out there that doesn't suffer from massive survivorship bias? Most that I've looked at gather their data from discretionary reporting from the manager themselves, and many stop reporting after bad months when they aren't going to be raising capital anyway."}
{"_id": "544603", "title": "", "text": "Samsung Refrigerator Service Center in Hyderabad.LG,WHIRPOOL,GODREJ, VIDEOCON Gas Refilling Cooling Compressor Ice Problem Best Home appliance service center in Hyderabad.our service center guys will provide you one stop service purpose for all of your electronic Best Home appliances.Samsung Fridge service center in Hyderabad is the best service good service center in Hyderabad just call our phone numbers 040-60506610,60506611,60506622."}
{"_id": "544627", "title": "", "text": "Math and Econ double here.  At a BB now.  Will heading back to get MS in computational (quant) finance soon.  Here's my advice.  Learn the following:  * Differential Equations,  * Linear Algebra,  * Numerical Analysis,  * Stochastic Calculus.  The statistics used are more complex than econometrics.  Econometrics is a very vague and rough introduction to Linear Algebra and mediocre (at best) depth in statistics.  Statistics you use are not going to be basic business stat.  It will be stochastic calculus which is why you need to have a firm grasp of multivariate calculus [calc 3] and proficiency with MatLab, Maple, or another equivalent.  Every info session I've attended regarding MS Finance programs has the expectation of a coursework background that has reached at least Calc 3 and Linear Algebra.  Some programs will admit based on GMAT/GRE quant score but will require you to take those math courses in first semester (and thus sacrifice a possible dual program option and limit your concentrations).  Other programs aren't as lenient... Just depends on the school you plan on attending.  As per your question, calculus comes into play in just about every single real world valuation you will do, regardless the product.  **edit:** and down votes for real world advice?  nice r/finance"}
{"_id": "544630", "title": "", "text": "\"Designed by Apple in California, manufactured in China. At this point in time Apple has more employees in the US than in the past. They never really moved jobs overseas, mostly they just spun up work overseas because that's where all of the components of the supply chain were. When you say \"\"hey... I want to start cranking out devices. I need to know how fast you can turn if there's a design change late in the pre-production stage\"\" and the best answers you get are from makers in China, that's where your work goes.\""}
{"_id": "544654", "title": "", "text": "Assuming that luxury goods like cars are currently owned by the rich, taxing them further would simply raise the prices of the goods further on the market. I would suggest giving a small number of goods like cars to random members with low cash, who can then bring down prices. They will then have more cash too."}
{"_id": "544661", "title": "", "text": "Trader Joe's isn't Whole Foods. I buy there's to pinch pennies. Usually my lunches at work come out to $5 for 3 days worth. Maybe the basics like meat and eggs are more expensive but it's actually not expensive to buy there at all"}
{"_id": "544663", "title": "", "text": "\"This is more of a long comment but may answer user's situation too. I have dealt with joint mortgages before in 3 states in the US.  Basically in all three states if one party wants to sell, the home goes up for sale.  This can be voluntary or it can go up via auction (not a great choice). In 2 of the 3 states the first person to respond to the court about the property, the other party pays all legal fees.  Yes you read this right.  In one case I had an ex who was on my mortgage, she had no money invested in the house ($0 down and still in college with no job).  [If she wasn't on the mortgage I wouldn't have gotten loan - old days of dumb rules] When we split her lawyer was using the house as a way to extort other money from me.  Knowing the state's laws I already filed a petition for the property but put it on hold with the clerk.  Meaning that no one else could file but if someone tried mine would no longer be on hold.  My ex literally spent thousands of dollars on this attorney and they wanted to sell the house and get half the money from the house.  So sale price minus loan amount divided between us.  This is the law in almost every state if there is no formal contract.  I was laughing because she wanted what would be maybe 50-75K for paying no rent, no money down, and me paying for her college. Finally I broke her attorney down (I didn't lawyer up but had many friends who were lawyers advising).  After I told her lawyer she wasn't getting anything - might have said it in not a nice way - her lawyer gave me her break down.  To paraphrase she said, \"\"We are going to file now.  My assistant is in the court clerk's office.  You can tell the court whatever you want.  Maybe they will give you a greater percentage since you put the money down and paid for everything but you are taking that chance.  But you will pay for your lawyer and you will need one.  And you will pay for me the entire time.  And this will be a lengthy process.  You would be better served to pay my client half now.\"\" Her office was about 2 blocks from court.  I laughed at her and simply told her to have her assistant do whatever she wanted.  I then left to go to clerk's office to take the hold off.  She had beat me to the office (I moved my car out of her garage).  By the time I got there she was outside yelling at her assistant, throwing a hissy fit, and papers were flying everywhere.  We \"\"settled\"\" the next day.  She got nothing other than the things she had already stolen from me.  If I wouldn't have known about this loophole my ex would have gotten or cost me through attorney's fees around 40-50K for basically hiring a lawyer.  My ex didn't really have any money so I am pretty sure lawyer was getting a percent. Moral of the story: In any contract like this you always want to be the one bringing in the least amount of money.  There are no laws that I know of in any country where the person with the least amount on a contract will come out worse (%-wise).  Like I said in the US the best case scenario that I know of for joint property is that the court pays out the stakeholder all of their contributions then it splits things 50/50.  This is given no formal contract that the court upholds.  Don't even get me started with hiring attorneys because I have seen the courts throw out so many property contracts it isn't even funny.  One piece of advice on a contract if you do one.  Make it open and about percentages.  Party A contributes 50K, Party B 10K, Party A will pay this % of mortgage and maintenance and will get this % when home is sold.  I have found the more specific things are the more loopholes for getting out of them. There are goofy ass laws everywhere that make no sense.  Why would the person first filing get their lawyers paid for???  The court systems in almost all countries can have their comical corners.   You will never be able to write a contract that covers everything.  If the shower handle breaks, who pays for it?  There is just too many one-off things with a house. You are in essence getting in a relationship with this person.  I hear others say it is a business transaction.   NO.  You are living with this person.  There is no way to make it purely business.  For you to be happy with this outcome both of you must remain somewhat friends and at the very least civil with each other.   To add on to the previous point, the biggest risk is this other person's character and state of mind.  They are putting in the most money so you don't exactly have a huge money risk.  You do have a time and a time-cost risk.  Your time or the money you do have in this may be tied up in trying to get your money out or house sold.  A jerk could basically say that you get nothing, and make you traverse the court system for a couple years to get a few thousand back. And that isn't the worst case scenario.  Always know your worst case scenario.  Yours is this dude is in love with you.  When he figures out 2-3 years later after making you feel uncomfortable the entire time that you are not in love with him, he starts going nuts.  So he systematically destroys your house.  Your house worth plummets, you want out, you can't sell the house for price of loan, lenders foreclose or look to sue you, you pay \"\"double rent\"\" because you can't live with the guy, and you have to push a scooter to get to work. That is just the worst case scenario.  Would I do this if I were 25 and had no family?  Yea, why not if I trusted the other person and was friends with them?  If it were just a co-worker?  That is really iffy with me.    Edit: Author said he will not be living with the person.  So wording can be changed to say \"\"potentially\"\" in front of living with him in my examples.\""}
{"_id": "544685", "title": "", "text": "The US did the same during/after WW2. Look up the T-Force.  Its likely manufacturing will return to the US due to highly advanced automation.  Its difficult to find sympathy for Western corporations when they are doing everything to pay as little tax as possible and to bribe/'lobby' politicians. Even Google is now censoring free speech, so how are they different to a Chinese company?"}
{"_id": "544686", "title": "", "text": "In other words, price increases in the US are exceeding wage increases while overseas in BRIC - wage increases are exceeding price increases.   Hmm, I can't possibly figure out which one creates a more sustainable and growing economy /sarcasm. When price increases exceed wage increases, you're going to have stagnant economy."}
{"_id": "544711", "title": "", "text": "\"It's not my title. It's the original title. I was pointing out that as a headline, it makes more sense to point out that the businesses are apparently against this regulation. Rather than have the headline be formulated as a tautology, i.e. \"\"Consumers win after CFPB opens door to thing that benefits consumers\"\".\""}
{"_id": "544730", "title": "", "text": "Best Online Coaching For Gmat\u2013  Enzoeducation one of the best Gmat institute in Delhi. GMAT is one of the most popular competitive exams. GMAT exam, typically, requires long and hard training, if you\u2019re not strategically planning out a study plan, which can be provided by only a select few best institute for gmat preparation in Delhi."}
{"_id": "544732", "title": "", "text": "Is it cheaper to send in state tax now or wait until I file my return? Unless not paying now will trigger some sort of state tax penalty (which will depend on your situation and what state you live in), there's no practical difference between paying now and paying when you file.  The only thing you lose by paying now will be the possible return you could earn by investing it, which is probably minimal. I would be more concerned about the penalties than any opportunity costs."}
{"_id": "544739", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cnbc.com/2017/05/31/taxpayers-may-have-overpaid-by-more-than-1-billion-for-mylans-epipen-senator-reveals.html) reduced by 62%. (I'm a bot) ***** &gt; Mylan for years classified EpiPen as a generic drug for the purposes of Medicaid&amp;#039;s drug rebate program, and as a result paid a lower rebate rate to Medicaid than did sellers of brand-name drugs.  &gt; Mylan faced strong public criticism last year for hiking the price of EpiPen to more than $600 for a two-pack, an increase of more than 500 percent in recent years.  &gt; Outrage over the cost led Mylan to increase the amount of financial assistance it gave customers, and to later introduce a generic version of EpiPen that sold for half of the price of the brand-name version.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6h1y6g/taxpayers_may_have_overpaid_by_more_than_1/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~143291 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Mylan**^#1 **Medicaid**^#2 **EpiPen**^#3 **year**^#4 **rebate**^#5\""}
{"_id": "544745", "title": "", "text": "It may not be just in the meat production either. There are huge corn subsidies in the US. That keeps the price of feed down, so its cheaper to raise the meat. Also, the fertilizer and insecticides used on the corn have environmental impacts when they run-off into local rivers and streams which are paid for by the public not the farmer (which is usually a huge agri-business)."}
{"_id": "544752", "title": "", "text": "I was doing my taxes in the US (called Form 1040) and wanted to find out how to figure out the cost basis for the $3.006 that I received for each Siemens ADR that I hold in July 2013. I found that the cost-basis allocation ratio is as follows: Thus for the original poster the cost-basis is: Hope this helps someone."}
{"_id": "544758", "title": "", "text": "This is just another business opening in the area, that's all.  The city isn't giving money to the developers, and the course already has been chosen for 2 senior PGA tournaments.  The only point of contention is the city leasing a few acres to the golf course for a century, which is understandably annoying, no question."}
{"_id": "544765", "title": "", "text": "\"The whole point of the \"\"envelope system\"\" as I understand it is that it makes it easy to see that you are staying within your budget: If the envelope still has cash in it, then you still have money to spend on that budget category. If you did this with a bunch of debit cards, you would have to have a way to quickly and easily see the balance on that card for it to work. There is no physical envelope to look in. If your bank lets you check your balance with a cell-phone app I guess that would work. But at that point, why do you need separate debit cards? Just create a spreadsheet and update the numbers as you spend. The balance the bank shows is always going to be a little bit behind, because it takes time for transactions to make it through the system. I've seen on my credit cards that sometimes transactions show up the same day, but other times they can take several days or even a week or more. So keeping a spreadsheet would be more accurate, or at least, more timely. But all that said, I can check my bank balance and my credit card balances on web sites. I've never had a desire to check from a cell phone but at least some banks have such apps -- my daughter tells me she regularly checks her credit card balance from her cell phone. So I don't see why you couldn't do it with off-the-shelf technology. Side not, not really related to your question: I don't really see the point of the envelope system. Personally, I keep my checkbook electronically, using a little accounting app that I wrote myself so it's customized to my needs. I enter fixed bills, like insurance premiums and the mortgage payment, about a month in advance, so I can see that that money is already spoken for and just when it is going out. Besides that, what's the advantage of saying that you allot, say, $50 per month for clothes and $100 for gas for the car and $60 for snacks, and if you use up all your gas money this month than you can't drive anywhere even though you have money left in the clothes and snack envelopes? I mean, it makes good sense to say, \"\"The mortgage payment is due next week so I can't spend that money on entertainment, I have to keep it to pay the mortgage.\"\" But I don't see the point in saying, \"\"I can't buy new shoes because the shoe envelope is empty. I've accumulated $5000 in the shampoo account since I went bald and don't use shampoo any more, but that money is off limits for shoes because it's allocated to shampoo.\"\"\""}
{"_id": "544780", "title": "", "text": "\"I'll leave you with this, since you're so desperate to prove that you aren't racist. If you want people to not think you're racist, then STOP SAYING FALSE RACIST THINGS. STOP SAYING ISLAM SHOULD BE ILLEGAL. STOP GROUPING A BILLION PEOPLE IN WITH A HANDFUL OF EXTREMISTS. STOP DEFENDING YOUR RACISM UNDER THE GUISE OF \"\"SAFETY\"\". PICK UP A BOOK AND JUST STOP SAYING STUPID RACIST THINGS.  Its really not hard. Just don't be a dick to a billion people that you know absolutely nothing about.\""}
{"_id": "544781", "title": "", "text": "The old underwriting standards were 28% home debt to income ratio and 33% consumer debt to income ratio. Consumer debt is calculated based on minimum payments. Now, most models are revised upwards... I believe 33/38 is more common today.  As long as you are current on the accounts, closing credit or store revolving accounts will have little or no bearing. Just leave them dormant... there is no positive result from closing accounts that have no balance. Having low or no balances has NO negative impact on your credit score. Low balances are NOT red flags to lenders. Period. Here's a quote from Fair Issac: It's just not true that you can have too much available credit. That by itself is never a negative with the score. Sometimes the things you do to get too much can be a problem, such as opening a bunch of new accounts, but for the most part, that's just kind of an old wives' tale. The major drivers of credit scoring are: To improve your prospects for getting a mortgage, you should be reducing your spending and focusing 60/40 on saving for a down payment and paying down that $15k credit card, respectively. Having cash for a down payment is critical to your buying power, as zero-down loans aren't widely available in 2011, and a large downpayment will allow you to eliminate or reduce the time you are paying PMI. PMI reduces your buying power, and is a big waste of money."}
{"_id": "544800", "title": "", "text": "Both you and the Company were probably benefitted by this decision.  Specifically an option grant that was not FRV or more would require you to recognize the option as income whether you had exercised it or not.  Additionally a host of other 409A tax issues/penalties could have been levied against you as an employee recipient.  I certainly appreciate your concern about a change in compensation, but this is one where Corporate America likely saved your bacon."}
{"_id": "544834", "title": "", "text": "This article makes claims and fails to back *any* of them up with actual data. Showing your work is rather important here.  [This is the official table from the BLS, showing a seasonally-adjusted U-6 number of 15.6%, down 0.6% from last month and down 1.4% year-over-year.](http://www.bls.gov/news.release/empsit.t15.htm)"}
{"_id": "544840", "title": "", "text": "Obama never helped with the debt overhand on households as he promised.  All the overleveraged household debt due to homes with first and/or second mortgages that exceeded the value of the home was more or less unrelieved by his HAARP program, and other programs that were supposed to relieve overleveraged households.  So the debt overhand was never addressed and is still being worked through as  millions of homeowners pay down mortgages.  It's going to continue for a few more years, until people start building up equity again.  This all affects the economy, as consumers have less money to buy things with or maintain solvency, as trillions are still being funnelled to finance companies and investors in real estate derivatives.  For example, a large part of the student loan bubble is due to this debt, since many homeowners who would have, in the past, taken out tax deductible equity loans to finance their kids's education, can no longer do so.  Instead, a portion of student debt is being carried by the kids themselves, whoo graduate under debt and can't buy their own homes or spend their paychecks, for years or decades.  There has been widespread non-compliance among banks with Obama's HAARP program and other measures intended to provide homeowners from the housing bubble debt overhang, but the Administration never followed through or engaged in enforcement actions that encouraged compliance.  Those programs were therefore ineffective and/or were always intended just to be window-dressing, or faux achievements.  The banks are still raking in trillions of undue profits from overpriced mortgages created during the housing bubble their practices helped create.  Those trillions are coming out of the rest of the economy, where the dollars would be better spent."}
{"_id": "544853", "title": "", "text": "* Uses statistics to makes misleading claims not implied by the statistics.   * Insults others when they point this out, mocks the use of logic to show his reasoning doesn't follow, but doesn't refute that he used stats to make misleading claims.   * Ends up posting different statistics, implicitly acknowledging that the old statistics don't really support his claim, while continuing to insult those who rightfully corrected him."}
{"_id": "544857", "title": "", "text": "You have got it wrong. The profit or loss for smaller investor or big investor is same in percentage terms."}
{"_id": "544858", "title": "", "text": "\"Dave Ramsey would tell you to pay the smallest debt off first, regardless of interest rate, to build momentum for your debt snowball.  Doing so also gives you some \"\"wins\"\" sooner than later in the goal of becoming debt free.\""}
{"_id": "544869", "title": "", "text": "We should do away with the concept of insurance for health, period.    You don't have safety insurance that covers police services.  You don't have national defense insurance.  You don't have fire services insurance.  Why?  Because they are essential services that are commonly needed and serve as a public good.  *Every single human being* suffers from the common ailment known as *humanity.*  Thus, every single human being needs health care.  Health *care,* not health insurance."}
{"_id": "544875", "title": "", "text": "AAA Tours offers you a more economical way of travelling in Costa Rica: \u201cShared Transportation Hotel to Hotel service\u201d. The average cost is about $46.00 per person. Once we know your travelling dates and destinations we can organize this type of transportation for you. http://www.aaatourcostarica.com/share-transportation-hotel-to-hotel-service/"}
{"_id": "544905", "title": "", "text": "Oh, completely the opposite. I am highlighting the government as a human entity which unappologetically wastes my money on wildly excessive and burdensome pension liabilities, employes people to take on no functional, need driven role, funds infrastructure projects with no public need, lines the pockets of unionized contracting firms that're paid to sit idle on their job sites for months, sometimes years, and in general does not have my best interests at heart as a taxpayer in the slightest.  I am highlighting the government as a human entity easily capable and already culpable for massive theft since it has begun to grow well past the publics ability to control it. Any quack who tells me the government is the answer to all of my problems would do well to study the plight of Native Americans."}
{"_id": "544922", "title": "", "text": "\"...at least as far as they could prove.  While it isn't impossible for me to believe an employee would commit felonies for the sake of doing their job \"\"better\"\", it's more difficult than believing the whole thing stunk.    In the OP's example, it's extremely difficult for me to imagine a few mid-level programmers taking the time to program a stock bot in their free time...\""}
{"_id": "544947", "title": "", "text": "If medical, not cosmetic, you can deduct medical expenses to the extent they exceed 7.5% of your adjusted gross income.  Note: it's been announced that starting in 2013 the deduction is for amounts exceeding 10% of AGI."}
{"_id": "544949", "title": "", "text": "\"When banks would return the actual physical cheque, at least you had some printing / writing from the other bank on it, as some type of not-easily-Photoshopped proof. Now many (most?) banks don't return the actual cheques anyway, just an image of it - sometimes a low quality shrunken B&W photocopy-like image too.  You'd have to check with a lawyer or court in your area, but I suspect any photocopy or image, as well as a written or carbon-copy duplicate, would not be good enough proof for a law court, since they could all be easily re-written or Photoshopped. So I don't think there's a real upside anyway. Only an official bank statement saying that the name/people written actually cashed the cheque might be \"\"good evidence\"\" (I'm having doubts that the bank's own low quality \"\"image\"\" would even qualify, unless it's verified as coming directly from the bank somehow). I'd agree with Nate (+1) that a big downside could be identity theft, either online or alongside phone loss/theft.\""}
{"_id": "544956", "title": "", "text": "If one does pay, one should only pay after they get a letter stating such a payment fully satisfies the debt. Then, one should only pay via money order or cashiers check.  Never pay by personal check or credit card.  Send such a payment via certified mail to ensure delivery. As stated in other answers: There might be an issue of honoring your debts, but that doesn't come into play here.  You already didn't pay your debt, and the original owner of the note already took money.  Paying this debt is only money in pocket of the debt collector.  The scammier they are, and the worse they treat you would factor in."}
{"_id": "544962", "title": "", "text": "So obviously, realtors are not economists and have a strong bias here.  A lot of actual [economists](https://fivethirtyeight.com/features/the-tax-deductions-economists-hate/) think the mortgage deduction is nonsense and doesn't actually promote home ownership. Countries without the deduction have about the same ownership rates as the U.S.  Worth noting that this proposal doesn't actually scrap the mortgage deduction, it just makes the standard deduction bigger. Some people will end up better off with the new standard deduction, and those with more expensive homes can keep using the mortgage deduction.  This is one of the few proposals coming out of the Republican congress that actually helps poor people more than rich people."}
{"_id": "544977", "title": "", "text": "B\u1ea1n c\u00f3 s\u1eed d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c V\u00e0ng h\u00e0ng ng\u00e0y theo Spot Gold Price kh\u00f4ng?  N\u1ed9i dung h\u1ee3p \u0111\u1ed3ng cung c\u1ea5p chi\u1ebfn l\u01b0\u1ee3c V\u00e0ng h\u00e0ng ng\u00e0y theo Spot Gold Price.  S\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa Nh\u1eadn \u0111\u1ecbnh v\u00e0 Chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a ch\u00fang t\u00f4i l\u00e0 \u0111i\u1ec3m ra \u2013 v\u00e0o th\u1ecb tr\u01b0\u1eddng.  M\u1ed9t d\u00f2ng ti\u1ec1n th\u00f4ng minh s\u1ebd c\u00f3 s\u1ef1 l\u1ef1a ch\u1ecdn th\u00f4ng minh khi tham kh\u1ea3o Nh\u1eadn \u0111\u1ecbnh c\u1ee7a ch\u00fang t\u00f4i !"}
{"_id": "544982", "title": "", "text": "This is really hard as a business leader. You want to be there to provide influence and guidance, but then the president completely ignores business leaders with the FCC, Paris Agreement, and so on. I would just quit because Trump does his own thing and takes advice from no one: why waste my time?"}
{"_id": "544986", "title": "", "text": "\"I don't think there's anything wrong with it ethically but there are more fulfilling careers that are sometimes more financially rewarding. Also, there are a lot of people looking to get into that game so of course not everyone is going to make as much money as at first.  How is quant trading not siphoning funds? They typically don't trade based on value of fundamentals and don't contribute anything to society other than taxes and liquidity in the markets. How does that make me as bad as a \"\"bankster\"\"(I'm assuming you're talking about the top executives who privatize profits and socialize losses)? I would have thought banksters love quants. You're not making much sense, buddy.  You're awfully cranky for a Saturday. Where's your advice for OP?\""}
{"_id": "544992", "title": "", "text": "As a gift, the responsibility lays with the giver to file a 709 with their taxes for gifting to a single entity (barring certain exclusions) an amount over $14,000 within the (2017) tax year. https://www.irs.gov/pub/irs-pdf/i709.pdf If this person is a foreign entity from outside the country, you might need to provide in your tax filing a form 3520 https://www.irs.gov/businesses/gifts-from-foreign-person The reporting limits are: more than $100,000 from a foreign estate or non-resident alien, or more than $15,102 from a foreign company. If you don't know who/where the money came from i.e. cash, it would be considered found money and fall under income (not a gift)."}
{"_id": "544995", "title": "", "text": "Yes if you do it as a hobby, as it's still income. But it should be something you can offset against tax Either way, you shouldn't be doing this as you, you should either register as self employed or create a company. You register this income as self-employed income (or income of the company) and offset the expenses of running the server against tax. In the UK, companies (or self employed people, which are basically companies) pay tax on profit not income (unless VAT applies, in which case they're basically just passing the VAT on for their customers). Since you're not making a profit over the whole year (even if some months are profitable) you will pay no tax."}
{"_id": "545018", "title": "", "text": "With about 10 minutes in front of google you could probably answer everything you just asked.     I'm not directly trying to defend her, in so much as making a point to say that most of the comments I've read here indicate a severe lack of awareness of what the fuck your talking about. and a desire to posture about it, and making an ass out of your selves in the process.  Ignoring the QUALITY of writing, its a blog post, expressing an opinion on something.  The value of anyone's opinion should be weighed in regards to what they've done as a person or professional up to that moment in time.   Again, in 10 minutes, Google could tell you everything you need to know to give you a better opinion then you've written above.    Take the time people, before you make your self look like idiots."}
{"_id": "545035", "title": "", "text": "\"Nothing you've provided does anything but prove you are wrong.   The \"\"basic cop + nurse\"\" do not make $300k based on any stretch or interpretation of the data you've provided.   The basic cop makes $70-80k with opportunity to make over 6 figures as a detective, if they pursue and make that rank later in their career.   The basic nurse looks to make about $74k in LA, and I'm having trouble reasoning out how you figure that somehow increases by a factor of 2.   You're exaggerating by a factor of 2 in both cases.\""}
{"_id": "545036", "title": "", "text": "If a company is valued correctly, then paying dividends should lower the share price, and buying back shares should leave the share price unchanged.  If the share price is $100, and the company pays a $10 dividend, then either its cash goes down by $10 per share, it is has to borrow money for the same amount, or some mixture. Either way, the value of the company has gone down by $10 per share.  If the share price is $100, and the company buys back 10 percent of its shares, then it also has to find the money, just as for the dividend, and the value of the company goes down by 10 percent. However, the number of shares also goes down by 10 percent, so the amount of value per share is the same, and the share price should stay unchanged.  Now there are psychological effects. Many people like getting paid dividends, so they will want to own shares of a company paying dividends, so the share price goes up. Similar with a share buyback; the fact that someone buys huge amounts of shares drives the price up. Both effects are purely psychological.  A buyback has another effect if the shares are not valued correctly. If the company is worth $100 per share but for some reason the shareprice is down to $50, then after the buyback the value per share has even gone up. Basically the company buys from stupid investors, which increases the value for clever investors holding on to their shares. If the shareprice were $200, then buying back shares would be a stupid move for the company."}
{"_id": "545039", "title": "", "text": "Firstly, check your visa conditions (if you're not from the EU): http://www.ukcisa.org.uk/Information--Advice/Working/How-many-hours-can-you-work You do need to register for NI, but that's apparently streamlined into registering as self-employed: How to pay N.I contributions when both employed and self-employed? (Realistically, you can almost certainly get away with doing <\u00a350 month in cash-in-hand jobs with no paperwork whatsoever, but in the very unlikely event of being caught it could result in being deported)"}
{"_id": "545061", "title": "", "text": "I know this question is closed now, but I just found this site that people might be interested in... http://www.practicalmoneyskills.com/games/"}
{"_id": "545082", "title": "", "text": "I've had many home loans, and all have been sold to a big bank.  They have certain rules about how much insurance you need to have, but I've never had one buy insurance on my behalf - they always send letters telling me I need to increase the insurance.  They do say that if I don't get enough insurance, they will do it for me, but this has never been necessary."}
{"_id": "545087", "title": "", "text": "Let's say I buy eggs from a farmer.  That farmer gives the money I paid him to a dentist.  The dentist buys a new car.  I work at the car factory and buy some eggs from the farmer.  The money is running around, everyone who uses it gets something he needs, everyone who gets money supplies something to someone.  I got an omelette, the farmer got his teeth fixed, the dentist has a new car. People got things they wanted from the money circulation.  Now imagine I have to pay taxes. I will not get the eggs I want to buy. The farmer will not get his teeth fixed. The dentist will not get a new car. I will lose my job because there is no one to buy a car from me.  The public sector worker who got paid with the tax money will have money to buy a car, but he won't have a car to buy, because I'm not making cars anymore. I'm not making cars because the dentist is not buying cars, he's not buying cars because the farmer is not hiring the dentist because I'm not buying his eggs.  The chain works because everyone gets something useful from his suppliers and provides something useful to his clients.  When the public sector comes in, there will be a lot of people in between who consume resources yet do not provide anything useful in return. Pay someone to dig a hole, pay someone else to fill the hole. You have money circulating, but nothing useful is being generated.  That's what taxes mean, they are a way to get people to pay for things they wouldn't pay volutarily. Taxes make people pay for things they don't really want or need.  Taxes make money disappear from the economy."}
{"_id": "545097", "title": "", "text": "besides accrued interest But that's important. one has $40,000 in their account and the other $9,000. Does one now pay higher income tax because he has more in his account or does he pay the same because he makes the same? If they are interest bearing accounts, then yes the guy with the $40K balance will pay a little more* income tax than the guy with $9K. * If the account earns 1%/ann and the $40K and $9K have been in there all year, then the big account will earn $401.84 interest, and the smaller will earn $90.41."}
{"_id": "545123", "title": "", "text": "You walk into the finance company with a written quote from the supplier for the equipment you want to buy. You then fill out forms and sign a promissory note. The finance company then writes out a check to the supplier for the amount of the quoted equipment. Usually you need to provide at least 3 things: They will require you to provide your social security number and sign a document allowing them to check your credit history which they will look up using the social security number. Note that banks will generally give better rates on a personal loan than a finance company. People usually only use finance companies when their credit is so bad that a bank will not loan them money. Heating and cooling companies that provide equipment will often loan the money to buy that equipment. As a point of advice, it is generally poor financial management to take out personal loans and may indicate a person that is wasting money or be in financial difficulties. For personal loan items (furniture, cars, clothing, jewelry, etc) you are far better off saving money to buy the item, not borrowing beyond your means. If you need a new furnace and it is an emergency, for example, if it were winter (which it is not) and your furnace could not be repaired, then that might justifiable. But borrowing money at a high rate to just upgrade a furnace or get a luxury like AC is unwise."}
{"_id": "545125", "title": "", "text": "\"Thank you for the response, no they didn't ask for anything from anyone, and I certainly didn't give them any information. I was very skeptical but I don't want to be close minded. They claim that they never charge anyone for their mentorship. And the fact they talked so much about pyramid schemes really put me on edge. I guess I just would like to know if anyone else knew about this \"\"$10 billion in revenue private company.\"\"  I read the article you posted and I didn't get that impression. The speaker said he was donating time because he felt like that was important for himself and his wife, to give back to the community.  Anyways I will give it a chance, cautiously, and worst case scenario it's an opportunity to network. Thanks for the insight!\""}
{"_id": "545136", "title": "", "text": "If your goal is to make it harder for you to use to make impulse purchases then YES.  Having to always have cash for purchases will make you less likely to make impulse purchases you don't really need."}
{"_id": "545143", "title": "", "text": "\"Here's the slippage I was talking about - - - this is when I was trading DXO or around that time.  the ultra shares----interesting read at least.  \"\"Based on data from October 22, 2008 to January 26, 2009, the S&amp;P 500 had a daily standard deviation of 3.62%.  If you were to invest in SDS, an UltraShort ETF which has the S&amp;P 500 as its underlying index, and were to hold it for a year, you should expect to lose between 34% and 74% of your money, if the S&amp;P 500 is flat for that period.  This assumes that there are no transaction costs, and that the expense ratio is 0% (in fact, it's 0.91%.)  My experiment also assumed that daily stock market returns follow a normal distribution.  In fact, the the distribution of daily stock market returns is leptokurtotic (it has fat tails.)  According to my mathematical intuition (the Ph.D. is in math, in case you were curious,) if I had performed the experiment with a leptokurtotic distribution, the losses would have been larger.  Obviously, this could be checked, but the results are bad enough as it is.\"\"   http://www.altenergystocks.com/archives/2009/02/ultrapromises_fall_short.html\""}
{"_id": "545146", "title": "", "text": "I'd say yes, and hope that my anecdotal evidence serves as proof. My IRA is not a margin account. It can't be.  I attempt to create a covered call, buying a stock at say $20, and selling a call for $4, for net $16 cost. The account only had $1610 at the time, and the trades go through just fine. Yes, I needed to enter as a limit order, at the same time, a single order with the $16 debit limit.  If this is not enough proof, I'd be curious - why not? The option proceeds must clear, of course, which it does."}
{"_id": "545153", "title": "", "text": "Modern banking is operated under central banking which is critical for maintaing a stable keynsian economy.  Without central banking the economy is prone to the boom and bust cycle typical of early twentieth industrialization.    Our money is not backed by 'nothing' it is backed by the faith and credit of the governments issuing them.  Private banks don't issue anything.  What fractional reserve banking does is say that for ever X amount of dollars you have in your vaults you can make Y amount of loans.  This ratio is set by the central bank in what is called the reserve ratio.  If the Fed sets the reserve ratio at 10% and they know the US economy has $10 trillion in circulation than $100 trillion dollars is going to eventually emerge through fractional reserve banking.  This explains inflation.  Of course the central bank could also raise the reserve ratio forcing banks to call in existing loans.  This is deflation.   Now if you're a bank and have $1 million dollars in the bank, a reserve ratio of 10% means you can make up to $10 million in loans without getting in trouble with the Fed.  If the bank makes $10 million in loans and only recuperate $9 million in loans than they fall below the 10% reserve rate ratio and become insolvent, prior to 2008 these banks would go bankrupt, but the Fed has evolved it's roll into either bailing a bank out for it to recover and learn from it's mistakes or to let it go bankrupt.  All people's deposits at these banks however are safe up to $250,000 thanks to the FDIC to protect from bank runs typical of the early twentieth century that intensified boom and bust cycles.    Please don't bring in the Federal Reserve into this unless you want me to prove how stupid you are even more.  I'm poor broke college student with nothing better to do with my time than to win internet arguments right now, you can't win.   **Too stupid, didn't read: banks need to make successful loans or they go out of business, they don't create anything out of thin air.  They just listen to whatever the central bank tells them what to do.**"}
{"_id": "545172", "title": "", "text": "I said I knew about FEIE. So what happens when you want to open a private tax-deferred pension that is common in most industrialized countries? Now you have capital gains that are not taxed. Uh oh. Oh, you want to work for yourself, have fun paying US social security even though you may never actually receive any benefit and aren't providing anything to the US, oh and that income not being counted in the FEIE. Oh you made a mistake on reporting your retirement account, the US government is now authorized to penalize you 40% of the balance of your retirement savings. That's great that you found an organization that says IRS won't use it for now, but who knows how long that will last.  But things like retirement savings and working for yourself must only be for crazy rich people, right?"}
{"_id": "545177", "title": "", "text": "Kushagra Nayan Bajaj is the great-grandson of Shri Jamnalal Bajaj and HE is the Vice Chairman of the BAJAJ GROUP and the CEO of Bajaj Sugar. In 2007, he received a young entrepreneur, He was honored as a recipient of the `Young Achiever\u2019 award by the jury of the 10th Rajiv Gandhi Awards in August 2007. . Prior to this, India Today  and in 2011 he was nominated for the Indian government's Padma Shri award. In August 2001, Bajaj became Chief Executive with overall responsibility for operations at Bajaj Hindusthan Limited. He was later appointed Vice Chairman of the Bajaj Group."}
{"_id": "545184", "title": "", "text": "As far as I know, there is no direct equivalent. An IRA is subject to many rules.  Not only are there early withdrawal penalties, but the ability to deduct contributions to an IRA phases out with one's income level.  Qualified withdrawals from an IRA won't have penalties, but they will be taxed as income.  Contributions to a Roth IRA can be made post-tax and the resulting gains will be tax free, but they cannot be withdrawn early. Another tax-deductable investment is a 529 plan.  These can be withdrawn from at any time, but there is a penalty if the money is not used for educational purposes. A 401K or similar employer-sponsored fund is made with pre-tax dollars unless it is designated as a Roth 401K.  These plans also require money to be withdrawn specifically for retirement, with a 10% penalty for early withdrawal.  Qualifying withdrawals from a regular retirement plan are taxed as income, those from a Roth plan are not (as with an IRA). Money can be made harder to get at by investing in all of the types of funds you can invest in using an IRA through the same brokers under a different type of account, but the contribution will be made with post-tax, non-deductable dollars and the gains will be taxed."}
{"_id": "545187", "title": "", "text": "The test is very detail-orientated. So be thorough in your studying. As others are saying, the math is very basically tested and it is more the theory/memorization portions of the test that are important.   One tip I would give is don't study too much. This is a completion mark on your resume at best. I came away with a 96% on Exam 1 then realized what a waste of time that was. Got a 75% on Exam 2 with roughly half the studying I did for Exam 1. If you're nervous study more but honestly it's pretty straightforward"}
{"_id": "545232", "title": "", "text": "I'm guessing you're referring to your home, and that the speech therapy would take place there. I can't speak to those laws - in my case I'm selling a product so my home / workshop is never entered by customers. Wish I could help but don't want to give you bad advice."}
{"_id": "545247", "title": "", "text": "That's because our financial sector is mainly an instrument to aggregate cash  rather than a way to foster innovation and growth. They already have so much cash in their control that other sectors are starving.  Some worthwhile endeavors are not the ones that are going to make the greatest returns, some will not show returns for a very long time. Typically these are are undertaken by the government, but the government is being reduced to a blunt object used to secure resources and markets and to protect investments.  So maybe we need a second-tier investment sector that works with longer time lines, and low immediate returns and perhaps even domestic micro-loan/grants.   /ramble"}
{"_id": "545248", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://eu-jr.eu/social/article/view/425) reduced by 89%. (I'm a bot) ***** &gt; Makarov, D. V., Parovik, R. I. Modeling of the economic cycles using the theory of fractional calculus.  &gt; Beaudry, P., Portier, F. When can changes in expectations cause business cycle fluctuations in neo-classical settings? Journal of Economic Theory, 135, 458-477.  &gt; Francis, N., Ramey, V. A. Is the technology-driven real business cycle hypothesis dead? Shocks and aggregate fluctuations revisited.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/79jau4/a_new_approach_to_the_nature_of_economic_cycles/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~237299 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **cycle**^#1 **business**^#2 **v**^#3 **theory**^#4 **J.**^#5\""}
{"_id": "545261", "title": "", "text": "The US didn't care about full employment, full employment was a handy side effect of the total war we needed to wage in order to win, and the economic devastation wrought in Europe and Japan in which we earned serious cash helping them out. The US cared about 1) shooting as many Japanese people as it could and 2) maintaining the global balance of power"}
{"_id": "545267", "title": "", "text": "\"Very interesting question. While searching i also found that some precious metal ETFs (including IAU) gains are taxed at 28% because IRS considers it \"\"collectible\"\", rather than the usual long term 15% for stocks and stock holding ETFs. As for capital gain tax you have to pay now my guess it's because of the following statement in the IAU prospectus (page 34): When the trust sells gold, for example   to pay expenses, a Shareholder will   recognize gain or loss ....\""}
{"_id": "545270", "title": "", "text": "To me it sounds more ridiculous that the same process can't be applied to other suppliers. The system we have can be used for all inbound invoices regardless the supplier or the inbound channel (email, EDI, paper invoice). Not all our suppliers can send electric invoices messages but even the paper invoices that go through OCR can be automated, as PO-number and invoice header info can be automatically read to our system."}
{"_id": "545284", "title": "", "text": "\"Obviously a stock that's hit a high is profit waiting to be taken, be safe, take the money, Sell Sell Sell!! Ah.. but wait, they say \"\"run your winners, cut your losers\"\", so here this stock is a winner... keep on to it, Hold Hold Hold!!!!! Of course, if you're holding, then you think it's going to return even higher.... Buy Buy Buy!!!! So,  hope that's clears things up for you - Sell, Hold, or maybe Buy :-) A more serious answer is not ever to worry about past performance, if its gone past a reasonable valuation then consider selling, but never care about selling out just because its reached some arbitrary share price. If you are worried about losses, you might like to set a trailing stop and sell if it drops, but if you're a LTBH type person, just keep it until you feel it is overvalued compared to its fundamentals.\""}
{"_id": "545287", "title": "", "text": "Margin is when you borrow to buy stock.    The margin % is the amount you can have borrowed over your own stock. There may also be some other considerations e.g. risk portfolio. Say you have 10,000. Your broker allows you buy on margin with a margin requirement of 100%. So You buy 18,000 of stock. You have 10k of your own and borrowed 8k to buy this. So you have 80% extra stock on margin. Say the stock has a downturn and loses 12% or so. Suddenly you have 16k stock value. But you still owe 8k. You are now at 100% margin. 8k is yours 8k is borrowed money.     At this point if you drop anymore you are exceeding 100% margin and your broker may sell to ensure they get their 8k.    The benefits of this are of course if the stock goes in your favor. 10% rise is 1,800 instead of 1,000."}
{"_id": "545292", "title": "", "text": "They're targeting people in pedestrian centric nightlife areas. The first one opened in a Chicago neighborhood that's very difficult to drive in, so the drive through had no value, but plenty of drunk people walking around looking for quick, cheep food."}
{"_id": "545296", "title": "", "text": "The intention of making the charitable contributions tax deductible is to provide an economic incentive to contribute to organizations which tend to improve the general welfare of the community. Deductibility impacts government revenue generation, but has positive impacts that probably offset that loss by encouraging more giving by folks subject to high income tax -- particularly small business owners.  Unless you own a home and have a mortgage you may not have enough deductions to get any financial benefit from charitable contributions. Charitable contributions are only deductible when your deductions exceed the standard deduction.  For most people, charitable contributions are a way to support something that you care about, and the tax benefits are a secondary benefit, or a way to enhance their own giving."}
{"_id": "545303", "title": "", "text": "&gt;Growth requires adding employees  Citation needed. Employees offer diminishing returns. What happens during mergers? Layoffs due to redundancies and efficiencies.  How big is Apple, and how many employees do they have?  The growth -&gt; employees link is not 1:1, and has high variance. If the goal is employment structure incentives to reward that. If the goal is growth, be honest about the expected impact to employment."}
{"_id": "545305", "title": "", "text": "Regarding auto insurance, you have to look at the different parts. In the United Sates most states do require a level of specific coverage for all drivers. That is to make sure that if you are at fault there is money available to pay the victims. That payment may be for damage to their car or other property, but it also covers medical costs. Many policies also cover you if the other driver doesn't have insurance. The policy that covers the loss of the vehicle is required if you have a loan or are leasing the car. Somebody else owns it while there is a loan, so they can and do require you to pay to protect the vehicle.  If there i no loan you don't have to have that portion of a policy. Other parts such as towing, roadside assistance, and rental cars replacement may be required by the insurance standards for your state, or might be almost impossible to drop because all insurance companies include it to stay competitive with their competition.  Dropping the non-required parts of the coverage is acceptable when you don't have a loan. Some people do drop it to save money. But that does mean you are self insuring. If you can afford to self insure a new car, great. The interesting thing is that some people have more than enough assets to self inure the non-required part of auto insurance. But then they realize that they do need to up their umbrella liability insurance. This is to protect them from somebody deciding that their resources make them a tempting target when they are involved in a collision."}
{"_id": "545323", "title": "", "text": "Are you doing seo web positioning but you do not notice anything? Okay, let's review all the critical points of your on page seo and your linked profile. With all this information we can already meet, Start Your Business Online and see how we started. Because since we started this adventure, we have managed not to be one more agency. We have endeavoured to understand and feel as your own all your projects, getting involved in each of its stages."}
{"_id": "545324", "title": "", "text": "Been a freelance motion graphic artist for 18 years and I've never touched any of those sites. It's idiots and amateurs looking for cheap, shitty labor. I don't feel like competing against people in 3rd world countries so I get all my jobs the old fashioned way."}
{"_id": "545327", "title": "", "text": "No, because of the balance transfer fees, which could be 4%. Unless of course you get a deal for 12 months of no payment, and you pay it back in 12 months, in which case a 4% annual interest rate is much less than a loan! At that point you are gambling that you will be responsible with the payments, and the card company is taking the opposite bet."}
{"_id": "545339", "title": "", "text": "Running for-profit business doesn't pressure those involved to make the best product, it pressures them to make the best profit.  Making the best profit pressures those involved to produce the cheapest product that the market won't reject marked at the highest price the market won't reject.  Private companies have the freedom to avoid or limit the effect of that pressure if they choose, and sacrifice some profit for quality and improved customer satisfaction (though many still choose profit).  Public companies, who are eventually beholdent to shareholders who sole goal is profitability, are much less likely to avoid the pressures to increase profits at all costs;  particularly in the age of day traders and CEO merry-go-round, long-term planning is very difficult when short-term profitability is on the line.  A company that made one widget a year for $1 and sold that widget for $10 billion would be a very successful company from the profit standpoint, and would likely have an excellent share price if the business model looked secure for the next year or two.  Competition helps alleviate this morass and pushes for better products and lower prices by upping the bar of what the market will reject over time - increase the available alternatives, and the features/quality/price scale shifts.  The importance of having a level playing field, anti-monopoly laws and ensure that new players can come onto the scene is fundamental to capitalism working - otherwise those who hold monopoly positions will prevent competition from emerging and charge as much as is possible for the cheapest product people will still buy.  This is of particular issue when not buying the product is a threat to one's life or safety (medical care, emergency services, food, etc)."}
{"_id": "545341", "title": "", "text": "This may not be entirely scientific, but as a landlord my usual approach is just to do a search for rental properties on Craigslist for comparable homes in the neighborhood. There are all kinds of formulas professional property managers use, but in the end these listings are the ones you are going to be competing with for tenants. Also, it isn't super accurate, but online services like Zillow.com can give you some numbers for rental houses that include those that aren't currently advertising."}
{"_id": "545349", "title": "", "text": "Heh, Argentina's inflation numbers these past few years are [basically lies](http://en.mercopress.com/2012/02/02/imf-warn-argentina-on-lack-of-progress-in-addressing-inflation-data). The IMF data is based off of this data, so it doesn't prove what you think it proves. Not to say they haven't done okay, but when they've done well it's been purely because of China's demand for natural resources."}
{"_id": "545376", "title": "", "text": "Especially since one of the main reasons why private equity firms buy a company is because it's financially distressed and on their way to bankruptcy without the large cash infusion that private equity firms bring.  For these businesses, layoffs and outsourcing are a matter of survival.  This isn't an example of an already prosperous company like Apple or Nike engaging in this behavior because it provides a small boost to their already astronomical profits."}
{"_id": "545380", "title": "", "text": "So home owners should simply only charge low rents and only rent to long term renters out of the goodness of their hearts, yes?    How do you expect to convince them ALL to act the way you want on a macro level?"}
{"_id": "545414", "title": "", "text": "I have a $2500 Roth IRA that I set up 40 years ago...it is worth about $2600. I keep it around for this exact talking point.  Compound interest at .1% is outstripped by inflation.  I have put away $18k a year in a 401 for 30 years now. It is worth just under $800k.  The bankers took the excess with their 2% fee and the GFC.  Its all in Vanguard now  I cleared +$5m in medium and high end residential real estate in the same period.  The first 18 years was sleeping on floors and having cardboard boxes as furniture.   Sad really."}
{"_id": "545415", "title": "", "text": "It would be courteous to leave a little note in your original post next time. As you leave it now, you will get up voted because you removed the incorrect part, and he will get down voted because he's arguing something that isn't there."}
{"_id": "545419", "title": "", "text": "\"That's right. It is the far right that have fought Medicare and single payer health insurance from the 70s.   Ronald Reagan famously recorded a LP deriding Medicare as the slippery slope to socialism.  Health insurance is a tool large corporations use to #1 keep employees frightened of losing their job and #2 discouraging employees from leaving their \"\"organization\"\" and starting a small business that will compete with them.  It is anything but a \"\"poorly\"\" thought out policy. If large corporations felt it was bad for business they would join the fight for single payer which would relieve them of one hell of an expense.  They could save Billions! but they don't because they want it this way. It must be worth a lot of money to them.\""}
{"_id": "545421", "title": "", "text": "\"Welcome to the 21st century, the New Order. Forget all that legal mumbo jumbo you may have read back in law school in the 1960s about commercial code. Its all gone now. Now we have Check 21 and the Patriot Act !!! Basically what this means is that because some Arab fanatics burned down the World Trade Center, the US government and its allied civilian banking company henchmen now have total control and dictatorship over \"\"your\"\" money, which is no longer really money, but more like a \"\"credit\"\" to your account with THEM which they can do with what they want. Here are some of the many consequences of the two aforementioned acts: (1) You can no longer sue a bank for mishandling your money (2) All your banking transaction information is the joint property of the bank, its \"\"affiliates\"\" and the US Treasury (3) You can no longer conduct private monetary transactions with other people using a bank as your agent; you can only request that a bank execute an unsecured transaction on your behalf and the bank has total control over that transaction and the terms on which occurs; you have no say over these terms and you cannot sue a bank over any financial tort on you for any reason. (4) All banks are required to spy on you, report any \"\"suspicious\"\" actions on your part, develop and run special software to detect these \"\"suspicious actions\"\", and send their employees to government-run educational courses where they are taught to spy on customers, how to report suspicious customers and how to seize money and safe deposit boxes from customers when the government orders them to do so. (5) All banks are required to positively identify everyone who has a bank account or safe deposit box and report all their accounts to the government. (6) No transactions can be done anonymously. All parties to every banking transaction must be identified and recorded. So, from the above it should be clear to (if you are a lawyer) why no endorsement is present. That is because your check is not a negotiable instrument anymore, it is merely a request to the bank to transfer funds to the Treasury. The Treasury does not need to \"\"endorse\"\" anything. In fact, legally speaking, the Treasury could simply order your bank to empty your account into theirs, and they actually do this all the time to people they are \"\"investigating\"\" for supposed crimes. You don't need to endorse checks you receive either because, as I said above, the check is no longer a negotiable instrument. Banks still have people do it, but it is just a pro forma habit from the old days. Since you can't sue the bank, the endorsement is pretty meaningless because it cannot be challenged in court anyway. You could probably just write \"\"X\"\" there and they would deposit it.\""}
{"_id": "545423", "title": "", "text": "\"Well, that's about 3% higher than the national average, so... I'm not sure if we should be relieved or disturbed.  Personally, I find it deplorable that insurance companies are *allowed* to randomly exclude pesky unprofitable things they don't want to cover.  Floods?  No thanks.  Dental/Vision?  Why *ever* would you consider those \"\"medical\"\" issues?  Uninsured drivers?  Yeah, you live in a state that requires 100% of drivers have insurance, but **suck it anyway**, since you have no choice, mwa-hahaha!  And people seriously wonder why I utterly loathe insurance companies.  Insurance \"\"fraud\"\" should be viewed not as a crime, but as the moral frickin' high ground; it's *insurance itself* that is little short of fraud-hidden-in-a-6pt-font.\""}
{"_id": "545434", "title": "", "text": "The unstated bit of info is that most minimum wage workers who want to work full time aren't able to. The employers prefer part-timers who get fewer benefits, and whose shifts can be altered at the last minute to match up to real or forecasted demand. If you are a retail clerk or fast food worker, you generally can't get a full time job and with the constantly shifting hours you find it a challenge to get a second part time job because you can't tell the hiring manager in advance when you'll be available to work."}
{"_id": "545460", "title": "", "text": "If you can get the health ratios based off of the total sales the tenant does divided by their rent plus nets. I know a quite a few big firms look at that to determine the health of the tenant.   Another item would be a surrounding market overview. Occupancy rates, average rent, big clients, future developments. The information on existing competitive properties are easy to find, just type in the name of their property plus the word leasing on the end. To find future development information, the city they submit to has to approve the plans. Some cities have it set up on their website over a Google maps type of link.   Edit: spelling  Good luck!     Edit 2: example of competition link. http://properties.brixmor.com/cre/commercial-real-estate-listings/frisco/texas/preston-ridge/overview/"}
{"_id": "545462", "title": "", "text": "In January 2014, sales of newly built single-family homes were at a seasonally adjusted yearly rate of 468,000 units, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. The figures show a 9.6 percent increase from the revised rate of 427,000 last December, and is also 2.2 percent higher than the 458,000 estimate set in January 2014."}
{"_id": "545491", "title": "", "text": "\"How is that possible?? The mutual fund doesn't pay taxes and passes along the tax bill to shareholders via distributions would be the short answer. Your basis likely changed as now you have bought more shares. But I gained absolutely nothing from my dividend, so how is it   taxable? The fund has either realized capital gains, dividends, interest or some other form of income that it has to pass along to shareholders as the fund doesn't pay taxes itself. Did I get screwed the first year because I bought into the fund too   late in the year? Perhaps if you don't notice that your cost basis has changed here so that you'll have lower taxes when you sell your shares.  Is anyone familiar with what causes this kind of situation of   receiving a \"\"taxable dividend\"\" that doesn't actually increase the   account balance? Yes, I am rather familiar with this. The point to understand is that the fund doesn't pay taxes itself but passes this along. The shareholders that hold funds in tax-advantaged accounts like 401ks and IRAs still get the distribution but are shielded from paying taxes on those gains at that point at time. Is it because I bought too late in the year?  No, it is because you didn't know the fund would have a distribution of that size that year. Some funds can have negative returns yet still have a capital gains distribution if the fund experiences enough redemptions that the fund had to sell appreciated shares in a security. This is part of the risk in having stock funds in taxable accounts. Or is it because the fund had a negative return that year?  No, it is because you don't understand how mutual funds and taxes work along with what distribution schedule the fund had. Do I wait until after the distribution date this year to buy? I'd likely consider it for taxable accounts yes. However, if you are buying in a tax-advantaged account then there isn't that same issue.\""}
{"_id": "545497", "title": "", "text": "\"Yes, you will have to file taxes.  Each peson gets a standard deduction.  By \"\"claiming you\"\", your parents are applying your standard deduction to their taxes, meaning that you cannot use that same deduction on your taxes.  You still must pay taxes on your income.  This generally works out best overall, assuming that your parents are in a higher tax bracket (have a higher income) than you.\""}
{"_id": "545505", "title": "", "text": "Which is exactly what it was supposed to *not* do, but that seems to be the trend with Lewis's writing.    Buffett's biography (*The Snowball*) is great.  *The Black Swan* by Taleb is another good one and he's just put out a new one as well, which I haven't read.  Stiglitz's *Freefall*."}
{"_id": "545533", "title": "", "text": "That isn't stopping the market from seeking unhealthy norms:  lowest paid workers, maximum price service/product the market will bare.  Which would be fine if EVERY individual could and would stand up and fight for a livable wage.  But we are all too busy trying to make a livable wage that we don't have the time or resources to stand up and fight."}
{"_id": "545558", "title": "", "text": "There could be an impact on Facebook because just before the IPO, Morgan Stanley apparently sent information to selected clients that their analysts had just lowered their valuation of the company.  There were also reports yesterday that the lowered valuation came about because Facebook sent some revised preliminary estimates of second quarter earnings (showing lower than expected earnings) to Morgan Stanley, and least one talking head said that Facebook might also face charges depending on what the cover letters and the e-mails back and forth between Facebook and Morgan Stanley said. Investigations have already been opened.  Yes, a company wants to sell the stock being offered at the IPO at the highest price possible, but if it misled the public when offering the stock for sale (through its underwriters), it can also be liable, possibly even criminally liable. Material added in Edit: In fact, a lawsuit has already been filed  in the US District Court in Manhattan in this matter. Whether the SEC ever does anything about the matter remains to be seen."}
{"_id": "545587", "title": "", "text": "\"&gt;HOWEVER, any close to normal person can see that there are a whole lot of people with serious issues that nobody mentions to them (or they themselves are afraid to acknowledge) because they don't want to deal with all of the drama.   Doesn't mean they are caused by a \"\"mental illness\"\".  &gt;And, just to be clear, the term \"\"Mental Illness\"\" in this case(according to the above studies) is really anything from anxiety, to depression, to schizophrenia, personality disorders, and even more social things like compulsive lying. Obviously, the definition is very broad and that is precisely why the statistic(25%) is so shocking.   Just to be clear... that is basically the definition of a \"\"con operation\"\".  The term \"\"mental illness\"\" (as it is used by the industry) is simply a fraud.\""}
{"_id": "545599", "title": "", "text": "Not a surprise really considering their main aim right now is expanding to new markets. Converting their users into paying customer is the second objective for them and something that I am sure will happen naturally. After all, the more people use Spotify the more inclined they are to pay for the service. And don't forget that they've been making profits in Sweden since 2009 and the results for the UK market is looking better for each year."}
{"_id": "545602", "title": "", "text": "His books raises some good financial advice, but it leaves a gap because he lacks specificity... a gap that MLM swooped in to fill.   I think it is more correct to say that he made his fortune by making the whole Rich Dad idea complementary to MLM. MLM in turn goes all out to push his books as a promotional and motivational tool for their downlines."}
{"_id": "545623", "title": "", "text": "Consider looking into real estate investment trusts (REITs). Assuming that they are available for the area that you are considering they simplify the process of investing in this sector. Your money pooled with other investors and then invested in a broad range of properties. If you go this route make sure to only by REITs that are traded in the open market (liquidity and an honest current valuation). Even better I would consider a index fund of REITs for more diversification. Personally I do use a US based REIT index as a small part of my portfolio so as to get better diversification."}
{"_id": "545628", "title": "", "text": "Greece is a unique case. These are still individual states led by very different people. You have countries that are just doing fine, despite being poor in natural resources and I would put Portugal, Spain, Italy, etc in this category. Then you have countries that are doing really well because they have natural resources and thriving industries like Germany, UK and France. Then you have countries that are struggling like Ireland, Greece, etc (Portugal has been here before). And then, you have heaven like countries like Finland, Denmark, etc where all just goes smoothly and everything works. Super high quality education, teenagers speak 3 languages by the time they are 16, etc. One thing I can guarantee you, in none of these countries you'd pay $200k for cancer treatment or higher education.  Don't generalize."}
{"_id": "545633", "title": "", "text": "I just don't see that many suckers falling for cheap or subprime loans, given their student loans. Yellen raising rates will dampen aggressive bank profits somewhat. Smucks will be smucks, but smarter buyers would appraise their debt load and opt for renting or cheaper houses.  But then again, people don't even learn from recent history. US market is at recovery/pre-euphoria stage now. Canada is soon to pop a year after rates rise courtesy of Yellen. Given the size of the US gen y cohort, it is likely that many in their 30s in 2020 will buy. And will cry when the next bubble pops, as Boomers start selling assets to fund their retirements."}
{"_id": "545634", "title": "", "text": "Would you please get into whether or not you thought that getting away from the gold standard was a good idea? And why? I am not great with money/economy and I really felt like I understand a lot more now that I have read that post. Thank you either way"}
{"_id": "545642", "title": "", "text": "That's crudely put. The avenues to wealth management are limited, and most ibs are looking out for their clients best interest. Fees paid are minimal compared to average gains, especially when compared to other conventional investments.  If you wish to tuck your money under the mattress, by all means. The value won't go anywhere but down.  That being said, and to op... In literally any industry it certainly helps to have a courteous, outgoing personality. Work well with others, and you'll be fine. I've seen many brilliant people laid waste due to politics, but those were extreme circumstances. I suggest you read a book, emotional intelligence. It may lend some guidance."}
{"_id": "545657", "title": "", "text": "I love Lynchpin by Seth Godin. Great book. Very entrepreneurial. He borrows a lot of concepts but still an outstanding read. It motivates me. I like to read it once a year.   The last book i read was flash boys which caused an outrage after it was published but to me there was nothing in it that was a surprise to me at all. Wall st is greedy and looking to profit off of others with clever schemes? Stop the presses!!!"}
{"_id": "545704", "title": "", "text": "\"I don't know much beyond super simple HTML, so I can't give too much specific advice about which languages to learn, but I would suggest looking at the kind of jobs that interest you and seeing what the requirements are. I know Ruby on Rails is used a lot at my current company, and I would guess that you can't go wrong with Javascript, though I'm sure there are other subreddits where you could get better advice. I personally enjoyed going through a few courses at Codeacademy.com. As far as Excel goes, if you get a really good grasp of vlookups and pivot tables, that will put you ahead of most people that use Excel regularly. Also macros can be fun, and can make you a lot of friends if you can automate repetitive tasks that you and your coworkers have to do. \"\"Saved 2 hours per week by automating routine tasks in Excel and trained 4 coworkers to do the same\"\" looks pretty good on a resume.\""}
{"_id": "545712", "title": "", "text": "In the short-term, a savings account with an online bank can net you ~1% interest, while many banks/credit unions with local branches are 0.05%. Most of the online savings accounts allow 6 withdrawals per month (they'll let you do more, but charge a fee), if you pair it with a checking account, you can transfer your expected monthly need in one or two planned transfers to your checking account. Any other options that may result in a higher yield will either tie up your money for a set length of time, or expose you to risk of losing money. I wouldn't recommend gambling on short-term stock gains if you need the money during the off-season."}
{"_id": "545719", "title": "", "text": "Do a share split.  Your initial 1 share each becomes 10 (or 100) shares each,  then you can sell/gift/etc shares as needed."}
{"_id": "545722", "title": "", "text": "&gt; cough cough blockbuster  Blockbuster was ten thousand little independent franchise companies that rented videos to individuals at the strip mall.  The franchises paid dues to Blockbuster Corporate for advertising and marketing.  Essentially, Corporate was the franchise Union.  If your Union/Corporate was going to cut all the employees/franchises out of all the revenue and business (streaming like Netflix) then there would be problems.  The only choice was for Blockbuster to go out business, otherwise, they would have had to buy back all the franchises at full retail value and pay future profits.  It was cheaper to close them down, have the execs take their bonuses and wave at Netflix."}
{"_id": "545735", "title": "", "text": "This is a super contentious topic but we have to have a floor wage because we don't have a free labor market.  In order for the labor market to come up with a fair wage the market must be as close to de-regulated as possible. But we've already seen what happens in an unregulated (or low regulation) market - safety problems, child labor, abysmal wages.  Just ready a history book to see how the US clamped down on sweat shops, child labor and the rise of the Unions.   No one wants to work like that so we put regulations in place to fix those things. This is why we have safety laws and rules to prevent our employers from stealing wages due to filing a report late or other stupid excuse.   So we make the work places safer, and put protections in to make sure people get paid. But now we created a wage floor. Businesses are literally designed to make profit and you make profit by trimming all your expenses as much as necessary. Skilled employees have an easier time negotiating wages and they can band together in unions. But low skilled and unskilled workers don't have this ability  so they work for minimum wage.   Now regardless of a company's ability to pay their workers $15/hr or not, if you create a wage floor than don't account for yearly COLA/inflation workers get left behind. Why does this matter? There is a strong relationship between crime and poverty. So we decide to create social programs to keep crime down. But as the wage floor is not increased, min wage workers require more government subsidy.   Either companies pay their employees enough where full time workers don't qualify for government subsidy or the government/tax payer ends up picking up the tab on behalf of these companies.   You can't actually quantify the relationship between min wage and labor because it's not just a labor issue. It impacts crime, health (who has the ability to pay a $30 co pay if you're chronically ill on min wage?), and government social welfare on local,state and federal levels.   We can't just demand that unskilled labors get skills so they get more money because that will end up devaluing skilled positions. Right now people argue that skilled positions are devalued when min wage increases. And that's true only if your employer fails to provide a like increase."}
{"_id": "545752", "title": "", "text": "If your concern is scams, we should be talking about counterparties, not bitcoin itself. Unless you think the protocol itself is a scam, which imo it most certainly is not.  You're conflating the trustworthiness of counterparties with the trustworthiness of the underlying protocol, which imo is not a very good model to operate by.  You'll understand the situation better of you look at them independently.  Bitcoin isn't trying to be a credit agency or the better business bureau, it's just trying to be digital money.  Don't expect it to protect you from scams any more than cash will.  That's not its job, and does not affect its trustworthiness as money."}
{"_id": "545759", "title": "", "text": "There are lots of sub-parts to your question. Let's takle them one at a time. Should I worry about an IRA at this age? Absolutely! Or at least some form of retirement account. When you are young is the BEST time to start putting money into a retirement account because you have so much time for it to grow. Compounding interest is a magical thing. Even if you can only afford to put a very small amount in the account, do it!  You will have to put a heck of a lot less money into the account over your working career if you start now. Is there a certain amount  you need for the IRA deduction? No. Essentially with a traditional IRA you can just subtract the amount you deposited (up to the contribution limit) from your income when calculating your taxes.  What kind of IRA should I get? I suggest a ROTH IRA, but be warned that with that kind you get the tax breaks when you retire, not now. If you think taxes will be higher in 40 years or so, then the Roth is a clear winner.  Traditional IRA: Tax deduction this year for contribution; investment   plus gains are taxed as income when   you take the money out at retirement. Roth IRA: Investment amount is taxed in the year you put it in; no   taxes on investment amount or gains   when you take it out at retirement. Given the long horizon that you will be investing, the money is likely going to at least double. So the total amount you are taxed on over your lifetime would probably be less with the ROTH even if tax rates remain the same. Is the 401K a better option? If they offer a match (most do) then it is a no-brainer, the employer 401K always comes out on top because they are basically paying you extra to put money into savings.  If there is no match, I suggest a Roth because company 401K plans usually have hidden fees that are much higher than you are going to pay for setting up your own IRA or Roth IRA with a broker."}
{"_id": "545760", "title": "", "text": "Fire your fund manager. There are several passive funds that seek to duplicate the S&P 500 Index returns. They have lower management fees, which will make returns lower than S&P, and they have less risk by following a broadly diversified strategy (versus midcap growing stocks). There's also ETFs, but evidence is growing that they're not as safe as hoped. But here's the deal: the S&P has been on a tear lately. It could be overvalued and what looks like a good investment could start falling again. A possible alternative would be one of the Lifetime funds that seek to perform portfolio adjustment with a retirement decade target; they're fairly new which mostly means nobody knows how they screw you over yet. In theory, this decade structure means the brokerage can execute trading cash for stocks, stocks for bonds, and bonds for cash in house."}
{"_id": "545767", "title": "", "text": "This doesn't make sense in an economic context. For justice to provide sufficient deterrent, it needs to be rational to avoid a crime. If your probability of being caught is comparatively lower, the punishment needs to be higher in order to remain a deterrent.   Basically,   P(get caught) * Punitive Cost &gt; Profit"}
{"_id": "545771", "title": "", "text": "They did, but Google also owns a significant portion of Uber - they put in $258 million for 6.8% of the company at a $3.7 billion valuation (probably somewhat diluted by now), so Google's investment is probably worth ~$3 billion now.  Google stands to make more if Uber is successful in using the IP they stole and their valuation soars.  My guess is that the lawsuit ends in a couple billion dollar settlement so Google gets some cash out of it, and their investment is not hurt."}
{"_id": "545780", "title": "", "text": "Adsense don't pay you daily. They pay you every month (as they have to calculate the final value). I'd say you only have to declare it when it hits your bank account. \u00a360 actually isn't that much. It only took me a couple of months of just making a few quid, to making enough to get a monthly payment, and I only tot up what goes into my bank account. I've opened up a second account with my bank to send and receive payments relating to my online adventures. Then any in/out goes into a spreadsheet that I do at the end of the month keeping track of everything. If Mr. Taxman want to investigate at the end of the tax year, it's all logged in that account.  It gets a bit murkier if you start doing US Amazon affiliates. The simplest method is to get the cheque delivered, and then log the amount that goes into your bank (after $->\u00a3 conversion). I have a Payoneer account, and transfer most of the money into my account (after it hits $500), and keep a little bit in for things I buy that are in USD. Hope that helps."}
{"_id": "545789", "title": "", "text": "\"How can I say this more clearly? SCAM, SCAM, SCAM! This is another one of the oldest scams out there, where you've won a prize or an inheritance has come in, and all you have to do is pay the taxes on it to claim it. Don't be a sucker!  Ask yourself why the government couldn't (and wouldn't) just take the taxes due out of the funds they have and give the rest to the person they belong to?  Wouldn't that be the smartest and easiest thing to do? As an example, let's say that you have $1,000 that belongs to me, and I owe you $100.  Would you tell me to pay you the $100 and then you'll give me the $1,000 or would you take the $100 I owe you out of the $1,000 and give me the remaining $900? The fact this is someone you know from the internet and they want your \"\"help\"\" to claim their money should tell you how much of a scam this is. Stop talking to this person, and don't tell them anything personal about you.  They are scam artists, and whatever you tell them could be used to steal your identity or take your money. Be careful, my friend!\""}
{"_id": "545792", "title": "", "text": "I agree with you. I have many liberal viewpoints but over regulation is definitely not one of them. I work for a non profit health insurance company and a lot of the Affordable Care Act is something I am truly behind. However many things within it,  I believe, are going to increase costs across the board for all of us.   I hate to sound like Romney and say that regulation is of course needed but too much of it truly is doing more harm than good."}
{"_id": "545795", "title": "", "text": "If you are willing to use one main credit card for shopping, use a grocery points rewards card like PC Financial Mastercard.   Pay for the groceries using the card to earn points and use those points to reduce costs.  The only limitation is that you must shop at Loblaws, Superstore, No Frills, Zehrs, Fortinos. It works out to $1 = 10 points and 20,000 points = $20.  So that works out to spend $1 to earn back $0.01."}
{"_id": "545800", "title": "", "text": "\"The general answer to this is \"\"yes\"\".  When you're dealing with single-digit millionaires, the answer is that their insurance habits and needs are basically the same as everyone else.  When you get into the double digit and triple digit millionaires, or people worth billions, they have additional options, but those basically boil down to using \"\"self-insurance\"\" rather than paying a company for an insurance policy.  The following is based on both what I've read and a fair deal of personal experience working for or with various stripes of millionaire, and even one billionaire. Addressing the types of insurance you mention: This is generally used to provide survivors with a replacement for income you can no longer provide when dead, in addition to paying for costs associated with dying (funeral, hospital/hospice bills, etc).  Even millionaires and billionaires have this, yes, but the higher your net worth, the less value it has.  If you're worth 9 or 10 figures, you probably already have trust funds set up for your family members, so an extra payout from an insurance policy is probably going to represent a small fraction of the wealth you're leaving your survivors, and as has been noted, insurance makes a profit, so the expectation by the insurance company is that they'll make more money on the policy than they'll have to pay out on death.  That being said, the members of the 9+ figure club I've worked for all had multi-million dollar life insurance policies on them, which were paid for or heavily subsidized by the companies they owned or worked for.  I doubt they would have held those policies if they had to pay the full cost, but when it's free or cheap, why not? Absolutely.  As health insurance in America is an untaxed employment benefit, owing to regulations from World War II, all the wealthy folks I've had contact with got outrageously good plans as part of the companies they work for or owned.  Having said that, even their trust fund beneficiaries held health insurance, because this type of insurance (in America, at least) is actually not really insurance, it's more of a pre-payment plan for medical expenses, and as such, it provides broader access to health care than you'd get from simply having enough money to pay for whatever treatments you need.  If you walk into a hospital as a millionaire and state that you'll definitely be able to pay for your open-heart surgery with cash, you'll get a very different response than if you walk in with your insurance card and your \"\"diamond-level\"\" coverage.  So, in this case, it's not as much as about the monetary benefits (although this is a type of \"\"insurance\"\" that's generally free or heavily discounted to the individual, so that's a factor) as it is about easier access to health care. Although this is required by law, it's one of the common forms of insurance that the very wealthy can, and often do handle differently than the rest of us.  Most (if not all) US states have a provision to allow motorists to self-insure themselves, which amount to putting up a bond to cover claims against them.  Basically, you deposit the minimum amount the state determines is required for auto insurance with the responsible state organization, get a certificate of self-insurance and you're good to go.  All the high wealth individuals I know when this route, for two reasons - first of all, they didn't have to deal with insurance companies (or pay sky-high rates on account of all the speeding tickets they picked up) and secondly, they made their deposit with government bonds they had in their portfolios anyway, and they could still collect the interest on their self-insurance deposits.  Of course, this meant that if they wrecked or dinged up their Maserati or Bentley or whatever, they'd be out of pocket to repair or replace it... but I guess if you can afford one $200,000 car, you can afford to buy a second one if you wreck it, or get by riding one of your other luxury automobiles instead. Since someone else mentioned kidnapping insurance, I'll point out here that what Robert DeNiro did in Casino when he put a couple million dollars into a safety deposit box for his wife to use if he was kidnapped or needed to pay off a government official is essentially the same thing as \"\"self-insurance\"\".  Putting money away somewhere for unexpected events in lieu of buying an insurance policy against them. In real life, the very wealthy will often do this with US treasuries, government bonds and other interest-bearing, safe investments. They make a little money, diversify their portfolios and at the same time, self-insure against a potential big loss. This is another insurance area where even the very wealthy are remarkably similar to the rest of us, in that they all generally have it, yes, although the reason is a little different.  For normal folks, the home they own is generally the largest part of their net worth, or at least a very substantial fraction, for those older folks with retirement savings that exceed the value of their homes.  So for us, we have home owners insurance to prevent a catastrophic event from wiping out the lion's share of our net worth. If you're an ultra-wealthy individual who can afford an 8 figure home, that's not really the case (at least with the ones I've dealt with, who made their fortunes in business and are good managing their wealth and diversifying their assets - could be different for sports stars or the entertainment industry), and these people generally own multiple homes anyway, so it's not as big a deal if they lose one. However, no one actually buys a multi-million dollar home by writing a multi-million dollar check.  They get a mortgage, just like the rest of us.  And to get a mortgage, insurance on the property is a requirement.  So yes, even the ultra wealthy generally have insurance on their home(s).  There is an element of not wanting to shell out another 20 million if the place burns down, or someone breaks in and steals your valuables, but the bigger part of the reason is that it's required to get a mortgage in the first place, which is generally done for financial reasons - interest on your mortgage is a tax deduction, and you don't want to sink millions of dollars all at once into buying a property that's not going to appreciate in value, when you can get a mortgage and invest those millions of dollars to make more money instead.\""}
{"_id": "545805", "title": "", "text": "\"Here's a formula;  I had to go over to SEMath, use their MathJax to compose the answer and then paste this screen shot. As a result, I can't fix a typo:  \"\"ST\"\" is the same as \"\"St\"\"\""}
{"_id": "545844", "title": "", "text": "\"&gt;The lawsuit was brought by a man named Chris Gillespie who had registered 763 domain names that included the word \"\"google.\"\" In response, Google claimed trademark infringement, and Gillespie was ultimately ordered to forfeit the domains. Gillespie then sued in a bid to invalidate the trademark.  Wonder if their original aim was to cybersquat and/or hope Google would buy him out like [sometimes happens with domains](https://marketingland.com/google-apple-facebook-microsoft-among-major-brands-buying-sucks-domains-124248)\""}
{"_id": "545847", "title": "", "text": "Yeah I agree with you. I wasn't referring to Tesla though, as I'm from South Africa so I only look in to local investments and I don't really know their story in terms of financials. Was just speaking about PE ratios in general :)"}
{"_id": "545859", "title": "", "text": "Very interesting. I would like to expand beyond just precious metals and stocks, but I am not ready just to jump in just yet (I am a relatively young investor, but have been playing around with stocks for 4 years on and off). The problem I often find is that the stock market is often too overvalued to play Ben Graham type strategy/ PE/B, so I would like to expand my knowledge of investing so I can invest in any market and still find value. After reading Jim Rogers, I was really interested in commodities as an alternative to stocks, but I like to play really conservative (generally). Thank you for your insight. If you don't mind, I would like to add you as a friend, since you seem quite above average in the strategy department."}
{"_id": "545860", "title": "", "text": "Today, when finding reliable tenants is a tough task, they leave no stone unturned to search for suitable tenants for your property. The best part is that when you have the support of a good property management company, you can sit back and relax, as they would take away your entire burden about the handling of your property."}
{"_id": "545873", "title": "", "text": "There are some circumstances in which it is a good idea. Chris W Rea has already mentioned the case where you expect your marginal tax rate to decrease. But there is also the case where lack of contributions might cause your marginal rate to increase. Assume your income is $20,000 over the 46% threshold, and you normally contribute $20,000 to RRSP. However this year you have only been able to contribute $10,000. If you wait until next year and contribute an extra $10,000 (making $30,000) the extra $10,000 will only bring 35% tax back. If you can borrow the money and make the contribution this year it will get 46% tax back. That makes the loan worth taking. Making the contribution now can also get you a larger rebate this year. You will have that money for twelve extra months and you can invest it. That probably isn't enough to make it worthwhile alone, but it certainly makes the damage less. However I would always recommend taking out an RRSP loan for as short a time as possible. My recommendation would always be to make the contribution as late in the period as possible, apply for your tax refund as soon as you can, and then pay off the loan with the refund. You shoulod be able to get away with having the loan only for a couple of months."}
{"_id": "545902", "title": "", "text": "The key to understanding a mortgage is to look at an amortization schedule.  Put in 100k, 4.5% interest, 30 years, 360 monthly payments and look at the results.  You should get roughly 507 monthly P&I payment.  Amortization is only the loan portion, escrow for taxes and insurance and additional payments for PMI are extra. You'll get a list of all the payments to match the numbers you enter.  These won't exactly match what you really get in a mortgage, but they're close enough to demonstrate the way amortization works, and to plan a budget.  For those terms, with equal monthly payments, you'll start paying 74% interest from the first payment.  Each payment thereafter, that percentage drops. The way this is all calculated is through the time value of money equations.  https://en.wikipedia.org/wiki/Time_value_of_money.  Read slowly, understand how the equations work, then look at the formula for Repeating Payment and Present Value.  That is used to find the monthly payment.   You can validate that the formula works by using their answer and making a spreadsheet that has these columns:  Previous balance, payment, interest, new balance.  Each line represents a month.  Calculate interest as previous balance * APR/12.  Calculate new balance as previous balance minus payment plus interest. Work through all this for a 1 year loan and you will understand a lot better."}
{"_id": "545915", "title": "", "text": "i forget which one, but one of the two majors (S&amp;P, Moodys), for a time, was not paid by issuers, but solely by subscribers. no surprise here, but at that time the issuer had, on average, lower ratings than the other service. after the service switched to subscriber-paid, within a year its ratings were on par with the other service."}
{"_id": "545933", "title": "", "text": "The one whose order gets to the exchange first. The exchange receives the orders and arranges them in First-In-First-Out order, by which they're then executed. At some point it is synchronized and put into a list. Whoever gets to that point first - gets the deal."}
{"_id": "545959", "title": "", "text": "Are you looking for the largest Ring Binder File Manufacturers In Mumbai then contact with Sagar Stationary pvt ltd which is the best manufactures of Sheet Protector file, Ring binder file, Plastics file folder and school stationary. For more details, Explore the full Blog or visit: http://www.svsmumbai.in/"}
{"_id": "545964", "title": "", "text": "The person holding the majority of shares can influence the decisions of the company. Even though the shareholder holds majority of the shares,the Board of Directors appointed by the shareholders in the Annual General Meeting will run the company. As said in the characteristics of the company,the owners and the administrators of the company are different. The shareholder holding majority of the shares can influence the business decisions like appointing the auditor,director etc. and any other business decisions(not taken in the ordinary business) that are taken in the Annual General Meeting."}
{"_id": "545972", "title": "", "text": "Oh jeez. Really? Ok.   Yes. I am a millenial. No, I am not unemployed. I work for a living. I pay all my own bills. I feel satisfied by doing it. I have my own hobbies, plans, and goals for the future, and I don't expect anyone to hand me these things or map them out for me. Why? Because they haven't. Millenials got the shit end of the stick. I don't understand how the hell you think that makes us more entitled than the people who grew up before everything started going into decline. We have it harder and we have to clean up all of your fucking messes.  That being said, I pay for all of my content, or I find it available legally for free. This article is in fact available for free on Bloomberg's website, and  the Daily Herald in no way deserves my money for content that they didn't even produce.  So eat all the dicks, old douche."}
{"_id": "545979", "title": "", "text": "Wanneer u op zoek bent naar kachelhout dan is het soms lastig om een goede keuze te maken. Het kachelhout is in twee groepen te verdelen, de zachtere soorten, zoals elzen en berken en de harde soorten, zoals essen en eiken hout. De zachtere soorten zijn lichter van gewicht en branden wat makkelijker en sneller. De hardere soorten branden een beetje trager en zijn iets moeilijker aan te steken. Voor een kleinere kachel gebruiken de meeste stokers berken hout, om dat dit wat makkelijker is aan te steken en ook goed brandt met minder blokken. Voor de middel grote kachel kunt u het beste essen gebruiken en voor de grotere kachels essen of eiken hout. U moet voor een eikenhout wel al snel 4 blokken tegelijk branden."}
{"_id": "545988", "title": "", "text": "Web Content is vitally important for boosting your business on the internet. With our service, you can have content or articles written for your blog or website at a very affordable price. Our team is made up of Freelance Writers Professionals in their careers, with the experience to produce like cheap research paper writing service and any type of Content. Look at Our Plans. We have a team of professional and experienced Freelance Writers, therefore the web content is Optima Quality and 100% Original content, Without the aid of any automated software, only with the writer's mental ability."}
{"_id": "545990", "title": "", "text": "I have just established a limited company (three directors spread around the UK) and I am in the process of setting up a business account. We will be able to arrange everything over the phone and each of us will have to appear in one of the branches with original documents: passport, bank statement. We are EU citizens and have UK bank accounts for over 5 years. That would probably be a problem for you. But still, you can try to call around and see if you can find a company to help you. You can also setup an account on one of the online currency exchange websites and then provide your customers with the website's bank account details with appropriate reference. You would have to check the legal side of this solution."}
{"_id": "545991", "title": "", "text": "\"Congratulations on recognizing your problem and getting serious about paying down your debt. That's the first step. If you have a loan with 80% interest, yes, get that paid off as quickly as possible. Much better to be paying even the outrageous 20% on a credit card than the astounding 80%. As others have noted, if you can get a consolidation loan or refinance that 80% to something more realistic, do it and do it as soon as possible. Heck, if you have the credit limit, use the credit card to off the 80% loan. 20% on a credit card is better than 80%. Of course you may not have enough credit limit to do that. Cash-back rewards are nice if you are paying off the credit card balance each month. But in your case, you're not. 25% with a 2% cash back reward means you're still paying 23% the first month and 25% every month after that. That's worse than 20%. Remember you pay the interest on your balance every month that you don't pay it off, while a cash-back is a one-time thing. So if you're not going to pay off the balance, AT BEST a cash back reward could be effectively subtracted from the interest rate. 20% with a 2% cashback is effectively somewhere between 18% and 20%. If you're comparing 20% with 2% cashback to 19%, could be complicated to figure out which is better. But it's clearly worse than anything more than 20%. Besides that, you don't say what your total debt is in relation to your income. If you have a lot of debt, I'd say first thing is to figure out what you can do to cut your expenses. Lots of things that people call \"\"fixed expenses\"\" aren't really fixed at all, they just take some effort to cut. Like if you have a big expensive house and you're paying a large mortgage, you can (probably) cut that by selling the place and moving to a cheaper house. (I say \"\"probably\"\" because the housing market may make it impossible to sell for enough to improve your situation.) If you have large heating bills, you can turn the thermostat down and get used to wearing a sweater around the house. Etc.  Final note: I've talked to a fair number of people with debt problems, and I often hear them say, \"\"Yes, I really need to cut my spending and start paying off these debts. And I intend to ... right after I buy this one last thing that I really really want.\"\" But of course after that there's one more vital purchase, and then another, etc. Avoid falling into this trap.\""}
{"_id": "545994", "title": "", "text": "So you're saying a company has no responsibility whatsoever to ensure its employees make fair wages?  That the market will determine a person's salary based on their valuability?  What if market forces align to reduce wages in order to increase profitability?  That's exactly what's happened in the last 30 years and people like you protecting corporate greed is the reason why living wages has stagnated barely matching inflation while [executive salaries have skyrocteted.](https://c.o0bg.com/rf/image_1920w/Boston/2011-2020/2014/10/26/BostonGlobe.com/Business/Images/ceopay2graf.jpg)  You're either ignorant of the big picture, or a shill for a system that exploits the masses."}
{"_id": "545996", "title": "", "text": "What you are positioning as a loan was not a loan at all. Your father bought something to be delivered in the future. Your aunt does not want to deliver it, so she should buy it back at whatever the current market value is. What is the price that your dad believes her share of the inheritance is currently worth? Is that based on actual appraisals and some sort of objective audit? If so, your aunt doesn't have much of a case. If not, then she could seek an audit to bolster her bargaining position. How much did your aunt benefit from having a place to live for the last 15 years. Was that benefit greater than some larger amount of money at an unknown future date? That's probably why she sold her inheritance 15 years ago. Now that the inheritance looks like it is going to be available soon, she wants to trade back after having enjoyed the use of your father's money. That might be okay, but simply paying back the original sum with inflation, but without interest, doesn't seem fair to your father. She may not be able to afford to give any more than what she is offering, in which case, she might want to consider offering the original sum now and some portion of her inheritance as interest on that original sum. I'm not taking sides in this one. If it were one of my siblings, I'd be inclined to give the benefit of the doubt and take a smaller amount back if I felt that the lesson was learned (and if I felt that he/she would make wise use of my gift to him/her).  I have no idea what your father's current economic situation is, nor am I aware of any other baggage that might influence his feelings about his sister. It's as likely as not that money isn't really what is bothering him, in which case, the amount she repays may have little to do with bridging the divide between them. You might need to ask different questions in the Interpersonal Skills stack if you want to help your father feel better."}
{"_id": "545999", "title": "", "text": "\"&gt;What if everyone in college studied for a physics degree. How worthwhile would they be then?   You assume that everyone COULD obtain a physics degree.  (Hint: there is a *reason* why the panoply of degrees has expanded along with the percentage of people obtaining them.)   &gt;Sure, a single individual can benefit from getting a difficult or niche degree, but I'm not sure that the system as a whole could benefit.  Yes, there is a supply/demand part of the equation as far as the degrees obtained.    But boss-hoss is just pointing out a current exception to the linked article's conclusion, he is not stating that everyone should obtain a physics degree (so you are arguing with a straw-man of your own construct).  And yet it is a valid point -- but likewise there is a fundamental supply/demand equation that drives college tuition costs: If \"\"everyone\"\" is enabled to attend college, and at no upfront preparation/sacrifice (in terms of saving money) but rather an unlimited fund of \"\"loan money\"\" is created to facilitate it, then \"\"price is no longer an object\"\" and the colleges will have no reason to constrain costs; competitive pressures having essentially been artificially eliminated.\""}
{"_id": "546020", "title": "", "text": "Some people cannot get bank accounts because they have been seized by a creditor or they're illegal.   Some companies don't (or can't) deal with paper checks.  Giving them a prepaid debit card and auto depositing it to the card is sometimes simpler or cheaper.   Hell, when I was on unemployment the government tried to make me receive the funds on a debit card.  It was a major pain just to get the money sent to my bank account."}
{"_id": "546027", "title": "", "text": "With gold at US$1300 or so, a gram is about $40.  For your purposes, you have the choice between the GLD ETF, which represents a bit less than 1/10oz gold equivalent per share, or the physical metal itself. Either choice has a cost: the commission on the buy plus, eventually, the sale of the gold. There may be ongoing fees as well (fund fees, storage, etc.) GLD trades like a stock and you can enter limit orders or any other type of order the broker accepts."}
{"_id": "546028", "title": "", "text": "\"Use with moderation. Powerful stuff. Your caller could be an offshore scammer too. Summarizing from http://www.creditinfocenter.com/rebuild/debt-validation.shtml: You can dispute the debt, and demand that the collector give you the name and address of the original creditor and show that it isn't past the statute of limitations. If they can't \"\"validate\"\" the debt by providing that info, in writing, they must drop it until they can do so. You can sue (though generally not for very much) if they don't. You may have to make this request in writing, so it has a paper trail. A valid verification respond must include: If they don't respond within 30 days, they are in violation of the Fair Credit Reporting Act (FDCPA section 809b), and you can send registered mail threatening them with a lawsuit if they don't immediately drop it and remove it from your credit report. They should respond to that within two weeks, and if they don't have darned good evidence will probably cave. If they can prove you do owe the money ... Well, you can hope they aren't licensed to collect in your state; if they aren't you can try to challenge them on that basis. Unlikely to work. If they agree, remember to send a copy of the letter to the credit reporting agencies to make sure it's taken off your record. If this isn't enough to resolve it, you'll probably need to bring suit. That's another long list of steps; I'm going to refer you to the linked site rather than summarize them here since at that point you should get a lawyer involved to make sure it's done promptly.\""}
{"_id": "546035", "title": "", "text": "What's funny to me is that the sales tax isn't what gives Amazon better prices.  It's that stores have to include their costs on the price that's shown on the shelf.  Amazon gets to tell you later that there's a shipping fee, Amazon isn't paying a store staff and rental on store front property.  In short Amazon can show the customer a price that is making a decent profit, and still be lower than a retail outlet."}
{"_id": "546070", "title": "", "text": "I agree with the advice given, but I'll add another angle from which to look at it. It sounds like you are already viewing the money used to either pay off the loan early or invest in the market as an investment, which is great. You are wise to think about opportunity cost, but like others pointed out, you are overlooking the risk factor. The way I would look at this is: I could take a guaranteed 6.4% return by paying off the loan or a possible 7% return by investing the money.  If the risk pays off modestly, all you've done is earned 0.6%, with a huge debt still hanging over you. Personally, I would take the guaranteed 6.4% return by paying off the debt, then invest in the stock market. Now this is looking at the investment as a single, atomic pool of money.  But you can split it up a bit.  Let's say the amount of extra disposable income you want to invest with is $1,000/mo.  Then you could pay an extra $500/mo to your student loan and invest the other $500 in  the stock market, or do a 400/600 split, or whatever suits your risk tolerance. You mentioned multiple loans and 6.4% is the highest loan.  What I would do, based on what I value personally, is put every extra penny into paying off the 6.4% loan because that is high.  Once that is done, if the next loan is 4% of less, then split my income between paying extra to it and investing in the market. Remember, with each loan you pay off, the monthly income that previously went to it is now available, and can be used for the next loan or the other goals."}
{"_id": "546075", "title": "", "text": "\"Brendan, The short answer is no, there is no need to get into any other funds. For all intents and purposes the S&P 500 is \"\"The Stock Market\"\". The news media may quote the Dow when the market reaches new highs or crashes but all of the Dow 30 stocks are included in the S&P 500.  The S&P is also marketcap weighted, which means that it owns in higher proportion the big \"\"Blue Chip\"\" stocks more than the smaller less known companies. To explain, the top 10 holdings in the S&P represent 18% of the total index, while the bottom 10 only represent 0.17% (less than 1 percent). They do have an equal weighted S&P in which all 500 companies represent only 1/500th of the index and that is technically even more diversified but in actuality it makes it more volatile because it has a higher concentration of those smaller less known companies. So it will tend to perform better during up markets and worse during down markets. As far as diversification into different asset classes or other countries, that's non-sense. The S&P 500 has companies in it that give you that exposure. For example, it includes companies that directly benefit from rising oil prices, rising gold prices, etc known as the Energy and Materials sector. It also includes companies that own malls, apartment complexes, etc. known as the Real Estate sector. And as far as other countries, most of the companies in the S&P are multi-national companies, meaning that they do business over seas in many parts of the world. Apple and FaceBook for example sell their products in many different countries. So you don't need to invest any of your money into an Emerging Market fund or an Asia Fund because most of our companies are already doing business in those parts of the world. Likewise, you don't need to specifically invest into a real estate or gold fund.  As far as bonds go, if you're in your twenties you have no need for them either. Why, because the S&P 500 also pays you dividends and these dividends grow over time. So for example, if Microsoft increases its dividend payment by 100% over a ten year period , all of the shares you buy today at a 2.5% yield will, in 10 years, have a higher 5% yield. A bond on the other hand will never increase its yield over time. If it pays out 4%, that's all it will ever pay. You want to invest because you want to grow your money and if you want to invest passively the fastest way to do that is through index ETFs like the $SPY, $IVV, and $RSP. Also look into the $XIV, it's an inverse VIX ETF, it moves 5x faster than the S&P in the same direction. If you want to actively trade your money, you can grow it even faster by getting into things like options, highly volatile penny stocks, shorting stocks, and futures. Don't get involved in FX or currency trading, unless it through futures.\""}
{"_id": "546091", "title": "", "text": "Agreed, it'll be faster.  Let's do a little math.  Tesla is trying to hit 500k units in 2018.  They want 1m in 2020.  If Tesla can do 1m in 2020, how many EVs can *ALL* other western auto manufacturers build in 2020 (GM + Nissan + VW + Daimler + etc)?  I'd take a swing at 2-3m.  What about Chinese auto manufacturers?  Probably 3m more, since EVs are a focus there?  So if you count that up, it's 7-8m EVs in 2020, which is 10% of worldwide new car sales.  This can all be accomplished in the $35k+ market.  This also provides the volume to drive down battery and electronics costs to hit $30k and then $25k price points later in the 2020's.  So if we're at 10% by 2020, I'd be shocked if we didn't have 50-75% EVs of new car sales by 2030.  20-50% growth over 10 years adds up quickly.  The oil price crash of 2014 was caused by a 2% imbalance between supply and demand.  So this predicts crashes in the price of oil and oil company stocks in the early 2020's.  There's likely also political unrest in oil producing countries, as their economies start having revenue shortfalls.  Given the friendliness of EVs to demand response, I'd think we'd just keep building intermittent renewables.  When the wind blows and sun shines, EVs charge (and turn off otherwise)  This will increase electricity demand, but put pressure on expensive and dirty coal and natural gas.  All of this drives down the cost of electric driving, and CO2 emissions."}
{"_id": "546097", "title": "", "text": "Yeah, I think this is true, but my credit scores are 810+ and I have a similar amount of liquidity and I think I would still have a tough time getting what I wanted in this market due to the cash buyers. People with outstanding credit are losing to cash."}
{"_id": "546108", "title": "", "text": "&gt; Google and others essentially have in-house investment banking departments that are vetting, valuing, negotiating, and sealing these deals. These M&amp;A guys are mostly former bankers.  Corporations are also making more use of consultants for M&amp;A deals, often former banking MDs who play a similar 'oversight' role as they would in a bank.   Perhaps we are seeing the emergence of a new business model - fixed price costs (no commission),  in-house at junior levels and highly flexible at senior levels. By cutting out the bank there are huge amounts of money to be saved.  I agree with you about the article being a bit silly. The vast majority of deals are done is small sub-sections of industry where everyone knows the potential targets. A match.com style dating for m&amp;a algorithm wouldn't really add much value."}
{"_id": "546115", "title": "", "text": "This is a very simple picture book on ***financial statements*** with retard level examples. Shows COGS, SGA and the like. stockbroker is using terms that are on financial statements.   http://www.amazon.com/Financial-Statements-Step-Step-Understanding/dp/1564143414  A good map for you might be to think in terms of Macro and Micro economics. stockbroker is doing micro - analyzing the fundamentals of a business. Macro economics has to do with big issues of a nations  economy like gdp. Both are important."}
{"_id": "546122", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://wol.iza.org/articles/do-social-interactions-in-workplace-lead-to-productivity-spillover-among-co-workers) reduced by 70%. (I'm a bot) ***** &gt; Should one expect a worker&amp;#039;s productivity, and thus wage, to depend on the productivity of his/her co-workers in the same workplace, even if the workers carry out completely independent tasks and do not engage in team work? This may well be the case because social interaction among co-workers can lead to productivity spillover through knowledge spillover or peer pressure.  &gt; The available empirical evidence suggests that, due to such peer effects, co-worker productivity positively affects a worker&amp;#039;s own productivity and wage, particularly in lower-skilled occupations.  &gt; Evidence suggests that peer pressure affects productivity and is an important reason why workers&amp;#039; wages and productivity depend on their co-workers&amp;#039; productivity.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77o9hf/do_social_interactions_in_the_workplace_lead_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231949 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **productivity**^#1 **work**^#2 **peer**^#3 **spillover**^#4 **co-worker**^#5\""}
{"_id": "546125", "title": "", "text": "If your purchases are done at year end, but the money withheld over that 12 month period, the 17% return is for an average time of 6 months, and the return annualizes to 38% or so. All due respect to Alex B, the return would be 100/85 as he states, if the investment were funded in January and sold in December. But this isn't the case on ESPP, the average time you are out that money is 6 months.  I will warn you. Don't let the tax tail wag your investing dog. It's easy to wait for long term gains to kick in and then ignore the stock. You then find yourself overloaded on one stock and risk some bad losses. I enjoyed my 15% discount all the way to the stock crashing by 60%+. If you must wait and hold some, be religious about selling the long term shares like clockwork. The 15% is virtually risk free (unless the shares crash between purchase and hitting your account.)"}
{"_id": "546127", "title": "", "text": "I've always had a job in Healthcare IT, past 11 years, but never went to school for computers. All of my skills came from on the job training or company paid certifications. Instead of taking on debt, take a position at a company that will help with your tuition. In the long run, a company willing to pay for you to get smarter is one you'd want to stay with. In my opinion."}
{"_id": "546133", "title": "", "text": "Taxes  Based on the numbers you quoted (-$360) it doesn't appear that you would have a taxable event if you sell all the shares in the account.  If you only sell some of the shares, to fund the new account, you should specify which shares you want to sell. If you sell only the shares that you bought when share prices were high, then every share you sell could be considered a loss. This will increase your losses. These losses can be deducted from your taxes, though there are limits. Fees Make sure that you understand the fee structure. Some fund families look at the balance of all your accounts to determine your fee level, others treat each fund separately.  Procedure If you were able to get the 10K into the new account in the next few months I would advise not selling the shares. Because it will be 6 to 18 months before you are able to contribute the new funds then rebalancing by selling shares makes more sense. It gets you to your goal quicker.  All the funds you mentioned have low expense ratios, I wouldn't move funds just to chase a the lowest expense ratio. I would look at the steps necessary to get the mix you want in the next few weeks, and then what will be needed moving forward. If the 60/40 or 40/60 split makes you comfortable pick one of them. If you want to be able to control the balance via rebalancing or changing your contribution percentage, then go with two funds."}
{"_id": "546149", "title": "", "text": "This very much depends how you use that second line of credit and what your current credit is. There are of course many more combinations buy you can probably infer the impact based on these cases.   Your credit score is based on your likely hood of being profitable to a creditor should they issue you credit. This is based on your history of your ability to manage your credit.  Having more credit and managing it well shows that you have a history of being responsible with greater sums of money available.  If you use the card responsibly now then you are more likely to continue that trend than someone with a history of irresponsibility.  Having a line but not using it is not a good thing.  It costs the creditor money for you to have an account.  If you never use that account then you are not showing that you can use the account responsibly so if you are just going to throw the card in a safe and never access it then you are better off not getting the card in the first place."}
{"_id": "546150", "title": "", "text": "I have managed two IRA accounts; one I inherited from my wife's 401K and my own's 457B.  I managed actively my wife's 401 at Tradestation which doesn't restrict on Options except level 5 as naked puts and calls. I moved half of my 457B funds to TDAmeritrade, the only broker authorized by my employer, to open a Self Directed account.  However, my 457 plan disallows me from using a Cash-secured Puts, only Covered Calls.  For those who does not know investing, I resent the contention that participants to these IRAs should not be messing around with their IRA funds.  For years, I left my 401k/457B funds with my current fund custodian, Great West Financial.  I checked it's current values once or twice a year. These last years, the market dived in the last 2 quarters of 2015 and another dive early January and February of 2016.  I lost a total of $40K leaving my portfolio with my current custodian choosing all 30 products they offer, 90% of them are ETFs and the rest are bonds. If you don't know investing, better leave it with the pros - right?  But no one can predict the future of the market.  Even the pros are at the mercy of the market. So, I you know how to invest and choose your stocks, I don't think your plan administrator has to limit you on how you manage your funds. For example, if you are not allowed to place a Cash-Secured Puts and you just Buy the stocks or EFT at market or even limit order, you buy the securities at their market value. If you sell a Cash-secured puts against the stocks/ETF you are interested in buying, you will receive a credit in fraction of a dollar in a specific time frame.  In average, your cost to owning a stock/ETF is lesser if you buy it at market or even a limit order.  Most of the participants of the IRA funds rely too much on their portfolio manager because they don't know how to manage. If you try to educate yourself at a minimum, you will have a good understanding of how your IRA funds are tied up to the market.  If you know how to trade in bear market compared to bull market, then you are good at managing your investments.  When I started contributing to my employer's deferred comp account (457B) as a public employee, I have no idea of how my portfolio works.  Year after year as I looked at my investment, I was happy because it continued to grow.  Without scrutinizing how much it grew yearly, and my regular payroll contribution, I am happy even it only grew 2% per year.  And at this age that I am ready to retire at 60, I started taking investment classes and attended pre-retirement seminars.  Then I knew that it was not totally a good decision to leave your retirement funds in the hands of the portfolio manager since they don't really care if it tanked out on some years as long at overall it grew to a meager 1%-4% because they managers are pretty conservative on picking the equities they invest.  You can generalize that maybe 90% of IRA investors don't know about investing and have poor decision making actions which securities/ETF to buy and hold. For those who would like to remain as one, that is fine.  But for those who spent time and money to study and know how to invest, I don't think the plan manager can limit the participants ability to manage their own portfolio especially if the funds have no matching from the employer like mine. All I can say to all who have IRA or any retirement accounts, educate yourself early because if you leave it all to your portfolio managers, you lost a lot.  Don't believe much in what those commercial fund managers also show in their presentation just to move your funds for them to manage.  Be proactive.  If you start learning how to invest now when you are young, JUST DO IT!"}
{"_id": "546178", "title": "", "text": "\"&gt;&gt;You do realize that just because you quote the Bible doesn't mean you have morals.  Obviously, you didn't understand my point. The utopian ideal of everyone having the exact healthcare they require (or really desire) is the LEFT's standard. It's ignorance of Christian morality to say that's what their beliefs dictate.   &gt;&gt;For the record, wealth distribution is perfectly acceptable. Funny how Republicans hate it, but don't have a problem with \"\"trickle down economics\"\".  You're referring to crony capitalism in essence (favorable tax status). Now there's some real hypocrisy by both sides! I love my solar subsidized green electrcity almost as much as my subsidized gasoline!\""}
{"_id": "546182", "title": "", "text": "Nowadays, the field is irrelevant for processing the transfer and completely ignored by the banks. Pretty much the only purpose it has is for documenting whom you intended to send the transfer to. If you mistakenly send a transfer to the wrong person (which is becoming extremely unlikely with the IBAN due to the builtin check digits) then they are mandated by law to give it back to you. If they refuse to do so and you end up going to court, the content of that field could be important to prove them wrong if they claim they are the rightful recipient."}
{"_id": "546187", "title": "", "text": "\"If I have a house that its market value went from $100k to $140k can I get HELOC $40K? Maybe - the amount that you can borrow depends on the market value of the house, so if you already have $100k borrowed against it, it will be tough to borrow another $40k without paying a higher interest rate, since there is a real risk that the value will decrease and you will be underwater.   Can I again ask for HELOC after I finish the renovation in order to do more renovation and maybe try to end up renovating the house so its value raises up to $500k? I doubt you can just \"\"renovate\"\" a house and increase its market value from $140k to $500K.  Much of a house's value is determined by its location, and you can quickly outgrow a neighborhood.  If you put $360k in improvements in a neighborhood where other homes are selling for $140k you will not realize nearly that amount in actual market value.  People that buy $500k houses generally want to be in an area where other homes are worth around the same amount.   If you want to to a major renovation (such as an addition) I would instead shop around for a Home Improvement Loan.  The main difference is that you can use the expected value of the house after improvements to determine the loan balance, instead of using the current value. Once the renovations are complete, you roll it and the existing mortgage into a new mortgage, which will likely be cheaper than a mortgage + HELOC. The problem is that the cost of the improvements is generally more than the increase in market value.  It also helps you make a wise decision, versus taking out a $40k HELOC and spending it all on renovations, only to find out that the increase in market value is only $10k and you're now underwater. So in your case, talk to a contractor to plan out what you want to do, which will tell you how much it will cost.  Then talk to a realtor to determine what the market value with those improvements will be, which will tell you how much you can borrow.  It's highly likely that you will need to pay some out-of-pocket to make up the difference, but it depends on what the improvements are and what comparable homes sell for.\""}
{"_id": "546190", "title": "", "text": "Whether or not you'll be allowed to enter the UK is a topic for a different forum (and really more a topic for a lawyer rather than strangers on the internet). That being said, as a non-lawyer giving my opinion of the situation, you should be granted access to the UK as the banks/money lenders/phone companies don't have a relationship with Border Entry. With regards to debts in the UK, there is some precedent to debts being waived after a certain period of time, but the minimum is 6 years for unsecured debt, and the companies you owe money to can still chase you for payment, but can't use legal proceedings to force you to pay. However, the big caveat to this is that this only applies to residents of England and Wales.  From the cleardebt.co.uk site: What is out of date debt? Debts like these are covered by the Limitation Act 1980, which is a   statute of limitations that provides time scales as to how long a   creditor can chase you (the debtor) for an unpaid debt. The Limitation   Act 1980 only applies when no acknowledgement of a debt has been made   between you and the creditor for six years for unsecured debts or 12   years for mortgage shortfalls and secured loans. This law only applies   to residents of England and Wales. When does debt go out of date? If the creditor fails to maintain contact with you for six years or   more, you may be able to claim that the outstanding debt is statute   barred under the Limitation Act 1980. This means the creditor cannot   use the legal system to enforce payment of the outstanding debt. The   time limit starts from when you last acknowledged owing the debt or   made a payment to the account. When can a creditor pursue an unsecured debt?  You may think a creditor has written off your debt if you haven\u2019t heard from them for   a long time. The reality is that the debt still exists. The creditor   can still contact you and they are entitled to chase the outstanding   debt, even if the debt has been statute barred, but they are unable to   use legal proceedings to force you to pay. Creditors can pursue an   unsecured debt if:"}
{"_id": "546198", "title": "", "text": "Obviously, I am very hesitant. Is there any possible way that this act of kindness could come back to bite the kind person who sends the money? Or does this sound perfectly safe to do? There is some amount of risk. If you know the person very well ... i.e. vouch for his/her integrity and there is a legitimate reason why they can't send it with their name, then yes. The red flags are;   So if someone is a casual acquaintance it is not a good idea. You may want to consider this only if you know the person extremely well and there is some genuine reason why he is asking you to do something like this."}
{"_id": "546237", "title": "", "text": "\"A lot of  ISA's allow both shares and funds as well as gilts, Hargreaves Lansdown  comes to mind as does the Alliance Trust. Some penalise (charging wise) securities vs UT (unit trusts)  funds but in that case just go for a low cost IT (Investment Trust)  ISA and hold individual shares as well as pooled investments in the Big IT's. I think you might have to be an \"\"approved investor\"\" to buy gilts.\""}
{"_id": "546239", "title": "", "text": "Randomly selected stocks would probably become worthless at a similar rate of all businesses going out of business do.  I'm not sure why you'd randomly select a stock though.  Stocks in the S&P500 (or other similar index), or large-cap stocks probably become worthless at a much lower rate."}
{"_id": "546261", "title": "", "text": "Based on my personal experience with that particular offer, I can say that it's not really a scam. I signed up for an Amazon Credit Card to get $70 off a purchase, but then never used the card. In fact, I never even called to activate it! After a few months, I then called to cancel it. I did not see a significant hit to my credit. However if you do shop frequently at Amazon it may be in your best interest to use their card, because it has other discounts associated with it."}
{"_id": "546271", "title": "", "text": "Very advanced like Ph.D? I'm four credits from an undergrad in mathematics (Just... didn't enjoy it anymore at all, so I switched to stats) so I have a nice grasp of advanced calculus, combinatorics and linear. But I suppose you're talking far and above that, yes?"}
{"_id": "546275", "title": "", "text": "&gt;i dont see what's the big deal, all the banks got bailed out. Govt printed over 7 trillion bucks, not much inflation. govt has to help private sector. gave plenty of freebies to the rich mother fukers in the banking sector.  Yes that was bullshit, I agree. The difference is that most of the money that went to the banks is held with the banks. It didn't cause inflation because it isn't circulating in the economy. The government also had to do something with the banks because it would have triggered a major depression if they didn't. I don't think they handled it the best way at all. They should have nationalized the banks after the bailouts rather than let them keep thriving. However, students don't **need** that extra debt. That would be $1 trillion extra that actually is circulating in the economy, which would cause serious inflation. That would mean [doubling](http://www.federalreserve.gov/faqs/currency_12773.htm) the amount of money in circulation. That is a lot different than the trillions the government printed, mostly just to set monetary policy."}
{"_id": "546277", "title": "", "text": "Note:  This is not professional tax advice.  If you think you need professional tax advice, find a licensed professional in your local area. What are the expected earnings/year? US$100? US$1,000?  US$100,000?  I would say if this is for US$1,000 or less that registering an EIN, and consulting a CPA to file a Partnership Tax return is not going to be a profitable exercise.... all the earnings, perhaps more, will go to paying someone to do (or help do) the tax filings. The simplest taxes are for a business that you completely own.  Corporations and Partnerships involve additional forms and get more and more and complex, and even more so when it involves foreign participation.  Partnerships are often not formal partnerships but can be more easily thought of as independent businesses that each participants owns, that are simply doing some business with each other. Schedule C is the IRS form you fill out for any businesses that you own. On schedule C you would list the income from advertising.  Also on schedule C there is a place for all of the business expenses, such as ads that you buy, a server that you rent, supplies, employees, and independent contractors.  Amounts paid to an independent contractor certainly need not be based on hours, but could be a fixed fee, or based on profit earned.   Finally, if you pay anyone in the USA over a certain amount, you have to tell the IRS about that with a Form 1099 at the beginning of the next year, so they can fill out their taxes.  BUT.... according to an article in International Tax Blog you might not have to file Form 1099 with the IRS for foreign contractors if they are not US persons (not a US citizen or a resident visa holder)."}
{"_id": "546281", "title": "", "text": "Yes. Donating to name-brand charities or politicians will result in you geting solicitied for more donations -- charities sell your info and donation habits."}
{"_id": "546288", "title": "", "text": "what I should think about. If you decide to do this - get everything in writing.  Get lease agreements to enforce the business side of the relationship.  If they are not comfortable with that much formality, it's probably best not to do it, I'm not saying that you should not do this - but that you need to think about these type of scenarios before committing to a house purchase."}
{"_id": "546299", "title": "", "text": "Sales taxes are charged at the point of purchase, while a VAT is assessed during the production process of the item. In the end, the amount paid by the consumer is the same, but with the VAT, the tax was collected from the manufacturer, instead of the consumer. One of the big arguments for VAT is that it prevents lost revenue due to things like smuggling (if sales tax increases past 10% smuggling spikes, so the VAT is a good mechanism if you're looking to implement large taxes on goods). It also keeps the tax burden away from shippers and other tiers of the production process that don't change the intrinsic value of the item."}
{"_id": "546313", "title": "", "text": "\"Training8m Corporate Technologies Pty Ltd, Australia Australia ABN 48133544297 UK Company Number:  7538482  Maiden Pre-IPO offer from Training8m Corporate Technologies Pty Ltd, Australia!! Unique opportunity for investors!!! Move to a most profitable and defensive investment!!! We offer Preferential Allotment / Private Placement of Debt / Equity. Most Profitable offer from The Global Leader!!  www.training8m.com  Subscription Offer Open:  First ever pre-IPO offer from Training8m Australia Group!! Unique opportunity for investors!!! Move to a most profitable and defensive investment!!! Preferential Allotment / Private Placement of Debt / Equity to multiple business investors pre IPO from $ 50k to $ 25 Mn for start up venture set up and Capital market Listing on Frankfurt Stock Exchange.   We offer Preferential Allotment / Private Placement of Equity to multiple business investors Pre- IPO from $ 50K to $ 25 Mn. Higher investment welcome for this International public issue. Equivalent Debt / Equity / Options / Preference Shares can be discussed. Minority Equity participation can be discussed.  We at Training8m Australia are Going Public Soon on Frankfurt Stock Exchange.  Status: Approved funding by major Global Private Equity Fund.  We are pleased to write that our major funding, raising funds from the equity market listing on Frankfurt Stock Exchange, is approved by major and most reputed Private Equity Group. This is one of the largest upcoming IPO, highly profitable with high ROI.   Subscription: Open to Institutional and Retail Investors Pre IPO offer in Debt / Equity / Preference Shares / Options  Serious investors only please. We would like to conclude this current deal immediately. We at Training8m, Australia are willing to discuss on the Debt / Equity / Options / preference shares and will be liberal for this transaction, which will be issued to you directly from our fund managers. This is definitely a really profitable and high return investment.  Payback period: 1 - 2 years (expected turnover at least $ 2 Bn in 3 years)    Start up Stage of business. This investment has very attractive returns. Unique opportunity to associate prior to the IPO on Global Stock Exchanges  Location: Head Quartered in Gold Coast, Australia with Global Operating Offices.  Set up including Property Investment, Recruitment and Appointment of permanent personnel, Fees for Listing on major Global Stock Exchange, other expenses as needed for the business.  Business Models:  Training8m Corporate Technologies Pty Ltd, Australia Corporate Training, Marketing, Premium Recruitment Portal, Premium and Moderated Recruitment Social Networking, Training and Development for all industry Verticals, Global Business Solutions.  Advanced Lighting Designers Pty Ltd, Australia We offer International Lighting Technologies, Design, Specifications, Software Solutions and High End Information Technology Services to Global Industry sectors.   Please do note that we are officially registered in Australia and UK for our Global Business ventures. With appropriate funding for takeovers, mergers and Acquisitions, we will be listing the companies Training8m Corporate Technologies Pty Ltd, and Advanced Lighting Designers Pty Ltd, on major global stock exchanges. The punch line of Advanced Lighting Designers Pty Ltd is \u201cGo Green with Force Green\"\" in which we will be focussing on Green Energy Worldwide.  Please feel free to ask details privately.  Offer for limited time and closes on receipt of funds.  E- Mails: investors@training8m.com, business@training8m.com   Shrikant G. Shete  Chairman and Managing Director  Training8m, Australia  LinkedIn: http://au.linkedin.com/in/shrikantshete  +61-400769125 ................................Australia Mobiles  +61-434415521 ................................Australia Mobiles\""}
{"_id": "546315", "title": "", "text": "I'll check it out. We'll need it to be a reference that's easy to understand for those that will ask us these questions--not for those of us with master's degrees in business.       (*I* don't need it to be easy to understand--I need something that saves me the trouble of explaining over and over...)"}
{"_id": "546318", "title": "", "text": "Just to make the deal sweeter, see if you can negotiate a cash discount for paying for grad school with cash. If not, at least look into paying with a rewards credit card so you can get a rebate through your own means. Pay the school loan. People can default on mortgages, school loans are forever. Nothing wrong with sacrificing your dreams for a house several more years while you save. My wife and I are debt free, but it will take a few more years to save for a down payment on a house. It sure feels good knowing we don't owe anyone anything while we make our money have the purpose we want to give it. When you have to pay the bank interest, you do not have control on some of your money."}
{"_id": "546329", "title": "", "text": "The LLC (not you) is probably in debt to the California FTB. Any LLC registered in California must pay at least $800 a year, until it is officially dissolved (i.e.: notice of cancellation/dissolution properly filed with the California Secretary of State). The FTB may come after members (including you) personally, if it can prove that the failure to pay was due to your negligence. Talk to a CA-licensed EA/CPA about how to resolve this. Otherwise, at least from what you've described, there were no other taxable events. LLC is a disregarded entity, so the IRS doesn't care about it much anyway (unless someone was stupid enough to elect it to be taxed as a corporation, that is). Keep in mind that when in doubt - you are always better off with a professional (a CPA/EA licensed in your State) advice."}
{"_id": "546356", "title": "", "text": "You've got the right idea, except that the stated interest rate is normalized for a 1-year investment.  Hence if you buy a 4-week bill, you're getting something closer to 4/52 of what you've computed in your question.  More precisely, the Treasury uses a 360 day year for these calculations, so you multiply the stated rate by (number of days until maturity)/360 to get the actual rate of return."}
{"_id": "546364", "title": "", "text": "There are so many issues with this graphic.  Plus the timing -- this is a well known and agreed-with position.  This might have been valuable insight or a novel discussion piece 15-20 years ago, but certainly not today.  All it does is provide circle-jerking with logical fallacies using moderately acceptable graphics."}
{"_id": "546365", "title": "", "text": "Sure, let's keep bailing them out without ever holding them accountable for risky behavior. I'm sure every time they predictably take huge long term risks for short term gain and get away with it, our bailouts will fix everything. Thus solving the problem once and for all.   But...   ONCE AND FOR ALL!"}
{"_id": "546372", "title": "", "text": "You better consult with a tax adviser (EA or CPA) on this, my answer doesn't constitute such an advice. Basically, you're selling stuff on Kickstarter. No matter how they call it (projects, pledges, rewards - all are just words), you're selling stuff. People give you money (=pledges) and in return you're giving them tangible or intangible goods (=rewards). All the rest is just PR. So you will pay taxes on all the money you get, and you will be able to deduct some of the expenses (depends on whether its a business or a hobby, the deduction may be full or limited). It doesn't matter if you use LLC or your own account from the financial/taxation point of you, but it matters legally. LLC limits your personal liability, but do get a legal advice on this issue, and whether it is at all relevant for you. If you raise funds in 2012 you pay taxes on the money in 2012. If you go into production in 2013 - you can deduct expenses in 2013. If you're classified as a hobby, you'll end up paying full taxes in 2012 and deducting nothing in 2013. Talk to a tax adviser."}
{"_id": "546378", "title": "", "text": "Typically developing economics are marked by moderate to high inflation [as they are growing at a faster pace], higher in savings rate and higher lending rates. If you reduce the lending rate, more business / start-up will borrow at cheaper rate, this in turn means lowers savings rate and leads to higher inflation. To combat this Central Banks make borrowing expensive, which lowers inflation and increases the saving rate. Essentially all these 3 are tied up. As to why these countries offer higher interest on USD is because most of the developing countries have trade [current account] deficit. They need to bring in more USD in the country. One of the ways is to encourage Non Resident Citizens to park their foreign earning back home, ensuring more funds USD inflow.  The rate differential also acts as a guide as to how the currency would be valued against USD. For example if you get 8% on USD, less than 12% had you converted same to Rouble, at the end of say 3 years, the exchange rate between USD and Rouble would factor that 4%, ie rouble will go down. Developed countries on the other hand are marked by low inflation [they have already achieved everything] as there is no spurt in growth, it more BAU. They are also characterized by low savings and lending rates."}
{"_id": "546379", "title": "", "text": "Google Finance and Yahoo Finance have been transitioning their API (data interface) over the last 3 months. They are currently unreliable. If you're just interested in historical price data, I would recommend either Quandl or Tiingo (I am not affiliated with either, but I use them as data sources). Both have the same historical data (open, close, high, low, dividends, etc.) on a daily closing for thousands of Ticker symbols. Each service requires you to register and get a unique token. For basic historical data, there is no charge. I've been using both for many months and the data quality has been excellent and API (at least for python) is very easy! If you have an inclination for python software development, you can read about the drama with Google and Yahoo finance at the pandas-datareader group at https://github.com/pydata/pandas-datareader."}
{"_id": "546380", "title": "", "text": "There's no reason you can't just spend the money on qualified medical expenses in your new locale without the penalty. If you are determined to take the money and the penalty, you can close the account and have a check sent to you by contacting the financial institution."}
{"_id": "546400", "title": "", "text": "Yeah I get that. But there are literally people who make a very good living by simply shorting small/micro caps that pop for no particular reason. Imagine if you shorted DCTH after it went from .05 to .31 Now it sits at .16 and will likely fall to .10 and under. Those are where the money making opportunities are now. Hit a home run on the way up and double your gains on the way back down."}
{"_id": "546431", "title": "", "text": "Could you explain that further? Maybe so a laymen could understand. Many people in other threads made a big deal out of those debts but here people seem to agree that its quite normal or even beneficial for a company with huge growth rates like netflix."}
{"_id": "546454", "title": "", "text": "Oh, thank god. They can just print their way out! That will solve all their economic problems!   Oh wait. That would just cause basic food and energy costs to skyrocket while destroying savings even more. Sure, maybe exporters would get a boon, but Japan kind of has to import a lot too. All printing money would do is make 5% of the people richer while making 95% of them poorer."}
{"_id": "546491", "title": "", "text": "I'll take the $9bn, the specific cash balance problem will get smaller, and we'll have a really interesting shareholder letter to read next year. I'll even make an appearance at the annual meeting and talk about what I'm doing with the money."}
{"_id": "546493", "title": "", "text": "\"You're confusing a specific visual representation of the top bid & ask orders selected from the order book with the actual \"\"top of the book\"\".  \"\"Top\"\" in the sense of the \"\"top of the book\"\" is a ranking (by order of \"\"best\"\", different for bids vs. asks) and not meant to be strictly a visual positioning on a page or screen. The data in the visual representation comes from the top of the order book (the best bids, and the best asks), but that visual representation is choosing to present it in a specific way. Think of the \"\"book\"\" as the model, the abstract collection of outstanding bid and ask order data.  When people talk about the \"\"top of the book\"\", they're talking about the best bids (higher being better), and the best asks (lower being better). The visual representation above is but one possible way to render a tip-of-the-iceberg view of the best orders in the \"\"book\"\".  The advantage of that particular visual representation is that one can see the asks & bids converging towards the center.  The spread is visible as the difference between the two middle elements \u2013 being the lowest row in the blue \"\"Asks\"\" area, and the highest row in the green \"\"Bids\"\" area. The up-arrow they had included in the \"\"Asks\"\" area was perhaps meant to provide a clue about how the data was sorted contrary to expectations of descending order of \"\"bestness\"\", and/or to imply there is further depth to the book data in the indicated direction. If the bids & asks had been oriented side-by-side instead, they might have chosen to represent it as below, re-arranging the rows in the \"\"Asks\"\" in the opposite order (i.e. in the order you had expected) so that the \"\"bests\"\" are both in the top row:\""}
{"_id": "546506", "title": "", "text": "Boom Electrical Appliances is the only factory outlet store in Australia that offers saving of up to 70% off on retail items directly to the public. They have all kinds of appliances that you would need for your home such as refrigerators, freezers, wine cooler, washing machines, dryers, TVs, oven, microwave, pressure cookers, and many more."}
{"_id": "546509", "title": "", "text": "Costs for home / small business equipment under US$10,000 don't have to  be capitalized. They can be expensed (that is, claimed as an expense all in one year.)  Unless this printer is one of those behemoths that collates, folds, staples, and mails medium-sized booklets, it cost less than that. Keep track of your costs. Ask the charity to pay you those costs for the product you generate, and then donate that amount of money back to them. This will be good for the charity because they'll correctly account for the cost of printing."}
{"_id": "546528", "title": "", "text": "\"Based on what you asked and your various comments on other answers, this is the first time that you will be making an offer to buy a house, and it seems that the seller is not using a real-estate agent to sell the house, that is, it is what is called a FSBO (for sale by owner) property (and you can learn a lot of about the seller's perspective by visiting fsbo.com). On the other hand, you are a FTB (first-time buyer) and I strongly recommend that you find out about the purchase process by Googling for \"\"first-time home buyer\"\" and reading some of the articles there. But most important, I urge you DO NOT make a written offer to purchase the property until you understand a lot more than you currently do, and a lot more than all the answers here are telling you about making an offer to buy this property.  Even when you feel absolutely confident that you understand everything, hire a real-estate lawyer or a real-estate agent to write the actual offer itself (the agent might well use a standard purchase offer form that his company uses, or the State mandates, and just fill in the blanks). Yes, you will need to pay a fee to these people but it is very important for your own protection, and so don't just wing it when making an offer to purchase. As to how much you should offer, it depends on how much you can afford to pay. I will ignore the possibility that you are rich enough that you can pay cash for the purchase and assume that you will, like most people, be needing to get a mortgage loan to buy the house. Most banks prefer not to lend more than 80% of the appraised value of the house, with the balance of the purchase price coming from your personal funds. They will in some cases, loan more than 80% but will usually charge higher interest rate on the loan, require you to pay mortgage insurance, etc. Now, the appraised value is not determined until the bank sends its own appraiser to look at the property, and this does not happen until your bid has been accepted by the seller. What if your bid (say $500K) is much larger than the appraised value $400K on which the bank is willing to lend you only $320K ? Well, you can still proceed with the deal if you have $180K available to make the pay the rest. Or, you can let the deal fall apart if you have made a properly written offer that contains the usual contingency clause that you will be applying for a mortgage of $400K at rate not to exceed x% and that if you can't get a mortgage commitment within y days, the deal is off. Absent such a clause, you will lose the earnest money that you put into escrow for failure to follow through with the contract to purchase for $500K.  Making an offer in the same ballpark as the market value lessens the chances of having the deal fall through. Note also that even if the appraised value is $500K, the bank might refuse to lend you $400K if your loan application and credit report suggest that you will have difficulty making the payments on a $400K mortgage.  It is a good idea to get a pre-approval from a lender saying that based on the financial information that you have provided, you will likely be approved for a mortgage of $Z (that is, the bank thinks that you can afford the payments on a mortgage of as much as $Z). That way, you have some feel for how much house you can afford, and that should affect what kinds of property you should be bidding on.\""}
{"_id": "546531", "title": "", "text": "No, your point seems to be that markets will handle this issue by themselves. Heroin users rarely kick the habit without help; like you said, they just use until they die. That is a perfect example of why the government should get involved."}
{"_id": "546538", "title": "", "text": "\"The real answer is \"\"Why do you want to waste a windfall chasing quick returns?\"\"  Instead, use this windfall to improve your financial situation, and maybe boost you toward financial independence, or at least a secure retirement.  In simplest terms, forget the short term, go for long term.  Whatever you do, avoid lifestyle creep.\""}
{"_id": "546541", "title": "", "text": "Still I wonder, and please explain my wrongness. If Greece started a building project, that would pay a group of workers, the workers would get money to pay for their demand (the crisis is not led by demand, rather by lack of private money, yes?). Now this money starts to circulate and different factories suddenly get paid more, because the workers are buying stuff. To keep up with this new demand, the factories employ new workers, which in turn, get paid and then buys more stuff from other companies. I know this is very simplistic, but why would it not work this way if the government started building projects?"}
{"_id": "546548", "title": "", "text": "\"From The Coca-Cola Company website, section for Investors: Stock History, Issues Year 1919 Original issue -- 600,000 shares 100,000 preferred, par $100 each 500,000 common, without nominal or par value 1926 Eliminated 100,000 preferred in November. This means there were preferred shares issued in 1919. However, all preferred shares were \"\"eliminated\"\" (not sure what that means) as of 1926. There has been no subsequent reissuance of preferred shares of Coca-Cola since then. I think the company is still authorized to issue them, should they choose to do so in the future.\""}
{"_id": "546559", "title": "", "text": "\"This happens to us all the time. I've lost count of how many times we get asked for thousands of dollars in product for free for \"\"exposure\"\" and I'm just like zzzzz. Please. I wasn't born yesterday. Fuck off.\""}
{"_id": "546560", "title": "", "text": "God god . .did mama drop you on your head during delivery? You bleeding imbecile, if the FED is holding all of the governments Debt, and the FED is not a sovereign or an external buyer, what happens when you raise the debt ceiling? The Fed controls the money supply . .yes  The FED buys more Ts with what?  your mothers underwear?  It creates more money, it puts its hand in your ass and pulls out another Trillion Dollars.  Now don't breed you fucking imbecile . .you alone will bring Americas IQ below trumps"}
{"_id": "546563", "title": "", "text": "To my knowledge, there shouldn't be a limit on the amount you can receive as a gift, and gifts are not considered income to you; they are not taxable for the recipient.  Depending on the size of the wire transfer, it may be reported by the bank to the government, but there is no limit, and it should not be a concern to you.  (I don't think that $2500 is large enough to be reportable anyway.) Having said that, this might be a good question to ask your international student advisor at your school to make sure he or she agrees. There is a very similar question on Avvo.com (a legal question-and-answer site) that agrees: Limit to transfer money to students on f1 visa."}
{"_id": "546568", "title": "", "text": "To add to ChrisInEdmonton's answer: Your conveyancing solicitor should be able to advise on the details, but a typical arrangement involves: As an alternative to the numbers in Chris' answer, it could be argued that you should first be reimbursed for the fees you paid (accounting for inflation), but that any remaining profits from the property itself should be divided in proportion to your individual investments (so 51.6% to you, and 48.4% to your partner, assuming you contribute to the loans equally)."}
{"_id": "546584", "title": "", "text": "By availing of the web design and development services offered by Markitbee, your company can get the website it deserves. They will not only design an online site based on your specific requirements, but also provide high-quality content. They have a quick turnaround time so your website will be finished before your established deadline. Visit their website at markitbee.com for more information."}
{"_id": "546589", "title": "", "text": "Icelandish and Irish Economies began to fail in 2008, Ireland was bailed out by the IMF and Britain, Iceland by the Germany and the IMF. Greek economy has essentially failed, and is at risk of being kicked out of the Euro currency by the Eurozone members. Spanish and Italian economies are faltering. Worst case scenario, everybody can't pay back money and keep accumulating debt, which would lead to a complete collapse of the European economy, resulting in a global economic meltdown. Germany currently are in control of al lot of countries debts (especially Ireland) which means that they will become the main players in decisions regarding the proliferation/faltering of the european economy in the future."}
{"_id": "546598", "title": "", "text": "\"What about getting the saving account - \"\"Bausparen\"\" (~100EUR/month) which you can later use for credit to get better mortgage deal and to buy a flat for renting to others (Anlegerwohnung)?\""}
{"_id": "546632", "title": "", "text": "\"Sigh.  A-duh.  Anything to do with media distribution is dead. Anything to do with transportation (driving) is dead. Anything to do with manufacturing is dead. Construction will be dead not long after.  Computer programmers and robotic engineers are in high demand though. How come politicians are never asked \"\"What will people do with so many industries going under?\"\"\""}
{"_id": "546634", "title": "", "text": "\"I was in the health insurance game for 10 years and never heard of this until the Affordable Care Act came about.  To my knowledge, there is no rule or regulation prohibiting it, however trying to get an insurer underwrite that risk is extremely unlikely. It's the same reason why you don't see AAA offering health insurance. There isn't a contractual relationship between the church and their constituents, so no underwriter worth their salt would put a reasonable price on that risk.   Members can easily come and go, and since insurance through your employer is still the dominant distribution channel for health insurance, it would be seen as an adverse risk, meaning that people who couldn't get it through \"\"normal\"\" channels must be getting it through the church, which it would then be assumed that this person applying for coverage is an \"\"adverse risk\"\" or someone who is abnormally unhealthy.  There are faith-based healthcare reimbursement programs that are NOT health insurance and do not satisfy the ACA required minimum coverages. From what I've seen and read, it's basically members of the religion or faith that pay money into the system (like paying an insurance premium) and they elect a board that basically evaluates each claim and pays or doesn't pay it, either partially or in full. While this is a nice way to get your bills paid, odds are it won't cover your $300,000 cancer treatment or your $50,000 cesarean section birth.\""}
{"_id": "546637", "title": "", "text": "Depends on your time scale, but generally, I don't think it would work. What you'd really be betting on in this case is mean-reversal, which does not hold true in the equity universe (atleast not in the long run). If you look at the historical prices of the S&P, you'll notice it increases in terms of absolute dollar value. On the short term, however, if you feel the market has significantly undervalued or overvalued a security, then mean-reversal might be a reasonable bet to make. In that scenario, however, it seems to me that you are really looking for a volatility trade, in which case you might want to consider a straddle position using options. Here, the bet you'd be making is that the price at expiration will be inside a certain band (or outside the band, depending on your position)."}
{"_id": "546639", "title": "", "text": "I mean the risk free rate on 100 year notes averages out to like 4.9%. The UST extrapolated to a 100 year note would be around 5.5%.   7.9% isn't a good risk premium for a country that just did a horrible job on the 95bn default - the whole country looked and behaved cluelessly in the proceedings. Argentina should try to sell as many of these as they possibly can, it's way too good of a deal for a country that handles default proceedings as if they don't owe anyone anything. I hate the way they act, it's like they expect everyone to bend over to their absolutely incompetence in running the country into the ground.  The default rate has to be under 100 for them to make any sales so these are more like activist investor bait."}
{"_id": "546644", "title": "", "text": "innovation does not make money without those protections. In said dog eat dog enviroment the best bet is to be the big guy who can roll out a copy in a week.  copyright could use a roll back to sensible levels however patents are still reasonable."}
{"_id": "546646", "title": "", "text": "\"If there was still money in the account when it was closed, the bank would have turned over the cash to the state where they operated. Search Google for \"\"unclaimed property <state name>\"\" for the unclaimed property department of the state. The state's website will show if there is money for you.\""}
{"_id": "546648", "title": "", "text": "It's just like any other ad, the idea isn't necessarily for you to go to Gatorade.com and get a truckload delivered as soon as you see their TV ad when watching ESPN- the goal is to put the brand in your mind.  3 days later you're at the store and on the juice and soda aisle and are thinking 'why get a case of Pepsi when I can grab some Gatorade and be a little healthier like LeBron James, I work out sometimes, probably I need to stay better hydrated.'  Swap out the product of your choice appropriately if that metaphor doesn't fly for you. You're scrolling through Google results and see a Galaxy S8 ad and you're more likely to give them a look when you're shopping for your next phone- they're not expecting you to go to the website and buy one now, but based on your search history they know you're into technology (you googled 'best phone 2017' once), your phone plan is probably ending soon (you searched 'sprint contract'), your carrier sells the S8 (from that time you clicked a link reading 'how to avoid sprint early termination fee') and you like being on the cutting edge of stuff (you watched a video entitled 'is my iPhone waterproof'). Boom- you're the target market.   There's a couple million people just like you- which is why ad impressions are as important as click-throughs and are billed appropriately. Sure- the guy that clicks the link is more likely to buy, but you read it and are thinking about it- so on the aisle you'll think 'Gatorade, eh, why not?'."}
{"_id": "546678", "title": "", "text": "While you have found a way to possibly gain $1275 in tax free income, you are also risking $1275 if you end up not using the money you contributed. You will have to find a way to have that much in medical expenses by your retirement date or you will leave some money in the Flexible Spending Account. There are risks you take with these accounts (use it or lose it) and risks the company takes (leave with a deficit in the account). Many times we get questions about how to spend all that the employee contributed before the last day of work, or the end of the plan year.  You can play it more fair by selecting the maximum amount per check to be taken from your pay check, then waiting until the retirement date to decide how much you will withdraw from the FSA. Your last day of work is your last day to incur a medical expense but you are given a window to submit your claims that extends beyond your last day of work.  I have not personally heard of an employer requiring a former employee to pay back the money when there is a  deficit in their FSA.  Remember people are fired, or laid off with little or no warning trapping their money in a FSA. The fact that you have the ability to plan for this event and considered your options, is a great position to be in."}
{"_id": "546689", "title": "", "text": "\"You have 60 days from the time it came out to deposit the money into an IRA. Tell the IRA custodian it's not a 2012 deposit, but a rollover from a 401(k).  Last - it's practice for these withdrawals to have 20% withheld. Be sure to deposit the full amount (i.e. add back in the 20% withheld) and also be sure it's all reconciled on your 2012 tax return.  Edit - to answer your comment/question. \"\"Most\"\" likely, if the account was worth, say $10,000, you would have only received $8000, as 20% is withheld for taxes. So, you have $8000 in your hands, but to roll over the full amount, you come up with an extra $2000, and give the new IRA custodian $10000. Now, in April, 2013, you need to remember the old 401(k) custodian sent the IRS that $2000. It's tax you paid, and all other things being equal, you'll get it back then.\""}
{"_id": "546693", "title": "", "text": "To safeguard all of your possessions and shield your house from problems, setting solar roof exhaust fan is definitely the answer. For the majority of us, the attic is often a place to keep clothing, suitcases as well as old family photographs. However for energy experts it is the red hot issue of debate. Within the last several years, building codes have required greater attic room insulation. Many experts say a properly ventilated attic room makes the home much more comfortable in the summer months and also protects from damp, warmed air accumulating in the winter season."}
{"_id": "546741", "title": "", "text": "The fact that you don't even know what's wrong with what you said is telling. Everything you've said screams of someone who has no understanding of the situations that I'm referencing.   The advice you gave is great....for ~5% of the people in such a situation. For most people working for $8/hr, going to school, moving to a new city, missing work to go on job interviews just flat out is not an option. If you stepped out of your ivory tower once in a while, you might understand that."}
{"_id": "546742", "title": "", "text": "I'm sure Nintendo made that statement to stem what will clearly be an upset during the next quarterly report.  This statement was simply a reminder to investors to avoid the stick price climbing ever higher only to crash when the financial situation of the company isn't significantly different from the prior quarter. This is just spelling out the reality of Nintendo's involvement with the Pokemon brand and Pokemon Go game and the fact that the games release and associated income was already included in the guidance released last quarter. Nintendo's stock has just about doubled and there likely won't be associated income to support that come the quarterly report."}
{"_id": "546760", "title": "", "text": "Working with recent Harvard and other MBAs, I can testify that most (not all, but most) are bullshit artists and clueless.  Very few are business smart. Actually, very few of them are interested in growing a business or building a business. Most of them are about making money for themselves, the hell with the business and customers."}
{"_id": "546779", "title": "", "text": "If this matters to you a lot, I agree you should leave. My primary bank account raised chequing account and transaction fees. I left. When I was closing my account the teller asked for the reason (they needed to fill out a form) and I explained it was the monthly fees. Eventually, if a bank gets enough of these, they will change. I want to get back those features for the same price it cost when I opened it They are in their rights to cancel features or raise prices. Just as you are in your rights to withdraw if they don't give you a deal. The reason why I mention this is that this approach is comical in some instances. A grocery store may raise the price of carrots. Typically you either deal with it or change stores. Prices rise occasionally. thus they will lose a lot of money from my savings From my understanding, a bank makes a large chunk of their money from fees. Very little is from the floating kitty they can have because of your savings. If you have an investment account with your bank (not recommended) or your mortgage, that would matter more. I've had friends who have left banks (and moved their mortgages) because of the bank not giving them a better rate. Does the manager have any pressure into keeping the account to the point of giving away free products to keep the costumer or they don't really care? Depends. I've probably say no. One data point is an anecdote; it is expected in a client base of thousands that a few will leave for seemingly random reasons. Only if mass amounts of clients leave or complain will the manager or company care. A note: some banks waive monthly account or service fees if you keep a minimal account balance. I have one friend who keeps X thousand in his bank account to save the account fee; he budgets a month ahead of time and savings account rates are 0% so this costs him nothing."}
{"_id": "546782", "title": "", "text": "You could also switch to CreditKarma to file taxes, it's 100% free and just launched. I'm not affiliated with them, just bringing up an alternative."}
{"_id": "546801", "title": "", "text": "How are unions leverage in this situation?  The jobs demonstrably *can* be done elsewhere, the questions is one total cost (both monetary and with respect to other factors, such as quality, timeliness, and intangibles such as company reputation and public opinion).  Unions are great when the jobs are not easily mobile, or when the issues at hand are legal and the collective resources of the union allows for more effective legal action.  They're also effective when the issues are incremental (i.e. of relatively low overall cost), because the union serves (almost by definition) to organize and focus the resources of the group into addressing the groups concerns and desires.  The only *really* effective leverage is to have a skill set that is costly to replace."}
{"_id": "546810", "title": "", "text": "Okay, hang on. I'm with you right up until frozen fish. 99% of people, freezing fish, will destroy it and make it worthless. It's gotta be flash frozen. Anything else, and your fish is garbage.   ....I live in a port town. I have opinions."}
{"_id": "546831", "title": "", "text": "Approximately 25% of all cars sold last year were leased, which is the highest on record. When you are leasing you don't own the car, instead you are basically renting it for a fixed term, and turning it back to the dealership.  It is very cost effective, because the manufacturers have a keen interest in making lots of cars. They are often subsidizing the lease by giving incentives to the dealer. They are gambling on the future value of their cars. They can lose on that gamble. The car business has turned into a financial nightmare for the car companies; they have huge development costs as the cars become more like mobile computing platforms loaded with sensors, and software that is constantly changing.  They can't hold a model for 20 years like Mercedes was able to do in the past. Now they have to constantly update their products. The only way to survive as a car maker is to pump out volume, and the leasing programs, which are quietly being underwritten by the manufacturers help them increase the production quantities, which helps lower the fixed development costs. If only the defense contractors could do this! they are stuck spending billions to build 20 planes, and so each one has a staggering price tag.  In the future, the car companies that will survive are those that have terrific credit, and low borrowing costs. That means Japanese and Germans will own the car business entirely in the end, and countries with higher borrowing costs (like America and Brasil) will not be competitive. Luckily Ford is so frugal, due to the lingering spirit of  its founder, that they can hold out. One thing strongly in favor of leasing is that you have zero maintenance costs typically. The repair risk is significant in luxury cars.  When you buy a 10 year old BMW, and when the tranny goes, it costs a fortune. Having a superb car for 30 months for a few hundred bucks a month is something a lot of people enjoy doing. Who can blame them? you spend an hour or 2 a day in your car, and why not live in a nice place?"}
{"_id": "546841", "title": "", "text": "\"https://www.wallstreetoasis.com/forums/corporate-strategy-vs-corporate-development  https://www.mergersandinquisitions.com/corporate-finance-jobs/  https://www.mergersandinquisitions.com/day-in-life-corporate-finance-analyst/  https://www.quora.com/Strategic-Management-What-is-the-typical-day-in-the-life-of-a-corporate-strategy-consultant  https://www.mergersandinquisitions.com/corporate-development-on-the-job/  Legit after 5 minutes of googling...and using the search bar in reddit for these jobs...  Actually, since you edited your response, here's why I found it kinda naive. You have a pretty good gig as a petroleum engineer in a F500 company. The only thing in your description that you're interested in a job is a corporate job. Which is for the most part all professional jobs. Its ok to be curious, but saying \"\"I don't like engineering but I like corporate jobs so tell me about corporate sounding jobs even though google has tons of articles on it\"\" sounds entitled and naive.    Corporate finance (Controllers, FP&amp;A, Treasury) is a catch-all for jobs that quantify and manage a company's money. This includes figuring out how much money the business is making, budgeting, and gaining access to money for future plans. They spend most of their day on excel, browsing reddit, and complaining that other departments don't take them seriously. There is work-life balance, unless your company is at risk of bankruptcy, but pay will likely be the least of this group.    Corporate strategy/development is about finding ways to achieve the vision/goals of the C-suite. Corporate development usually are ex-IB people and focused on finding companies to acquire, integrate, and achieve the goals of the acquisition (synergies, returns on investment, technology/product acquisition). Corporate strategy is usually broader and could be focused on improving the brand, figuring out new uses for a product, finding new partners, or generally looking for good ideas to improve the company.    Business development usually is about growing the company through finding new customers, markets, or partnerships. Instead of selling specific products or services, you're selling your company's abilities and brand.   I'd say, with your engineering background, if you can swing a corporate strategy gig, you'd have the greatest opps for any VP you decide. I'd say if you want to sell or are good at selling, then business development may be compelling. If I were you, corporate finance would be the least appealing unless you are truly interested in finance.\""}
{"_id": "546857", "title": "", "text": "If you have flow through income then you arent being taxed at the corporate rate you are being taxed at your personal income tax rate which wont change so raising or lowering the corporate tax rate wont change that at all. Like he said tax rich people not corporations. If people just had a better understanding there wouldn't be really anybody opposed to it."}
{"_id": "546864", "title": "", "text": "The first 10-30k may have some issues. Nissan had frame / battery problems with the first 30k Leaf's.This is the reason that the first 10k T3 will be going to employees. Second 10k to loyal Model S / X owners and third 10k to buyers in CA near the factory.  I have a friend that had one of the first Model X,  it took almost a year to work out all of the issues, but everything is working now and they are happy!"}
{"_id": "546867", "title": "", "text": "You need not to be anxious even if you're just getting started. No matter what the design of your car is, you can always seek advice from our volvo parts manual. If you are also looking to get effective manual for your vehicle service, then you can get in touch with us as we my-\u201cpremium-manual-source\u201d is one of the major website that are professional in offering komatsu service manual to clients.Frequent servicing and doing maintenance on your own will allow you to reduce costs on fix costs, and in the end, you will also have the initial fulfillment of achieving an Volvo repair process and better knowing of your automobile."}
{"_id": "546874", "title": "", "text": "\"Banks are in it to make money. But they're expected to provide a social good which powers our economy: secure money storage (bank accounts) and cashless transactions (credit/debit cards).  And the government does not subsidize this.  In fact, banks are being squeezed. Prudent customers dislike paying the proper cost of their account's maintenance (say, a $50/year fee for a credit card, or $9/month for a checking account) - they want it free.  Meanwhile government is pretty aggressive about preventing \"\"fine print\"\" trickery that would let them recover costs other ways.  However there isn't much sympathy for consumers who make trivial mistakes - whether they be technical (overdraft, late fee) or money-management mistakes (like doing balance transfers or getting fooled by promotional interest rates).  So that's where banks are able to make their money: when people are imprudent.  The upshot is that it's hard for a bank to make money on a prudent careful customer; those end up getting \"\"subsidized\"\" by the less-careful customers who pay fees and buy high-margin products like balance transfers.  And this has created a perverse incentive: banks make more money when they actively encourage customers to be imprudent.  Here, the 0% interest is to make you cocky about running up a balance, or doing balance transfers at a barely-mentioned fee of 3-5%. They know most Americans don't have $500 in the bank and you won't be able to promptly pay it off right before the 0% rate ends.  (or you'll forget).  And this works - that's why they do it.   By law, you already get 0% interest on purchases when you pay the card in full every month.  So if that's your goal, you already have it.  In theory, the banks collect about 1.5% from every transaction you do, and certainly in your mind's eye, you'd think that would be enough to get by without charging interest.  That doesn't work, though.  The problem is, such a no-interest card would attract people who carry large balances.  That would have two negative impacts: First the bank would have to spend money reborrowing, and second, the bank would have huge exposure to credit card defaults.   The thing to remember is the banks are not nice guys and are not here to serve  you.  They're here to use you to make money, and they're not beneath encouraging you to do things that are actually bad for you. Caveat Emptor.\""}
{"_id": "546885", "title": "", "text": "Common now, you know that's not the kind of income people are talking about.  It is usefull information for someone that didn't know but the way it is worded it just seems designed to derail the conversation rather than inform it."}
{"_id": "546886", "title": "", "text": "Ugh.  The problem is, we let corporations and money lobby.  They spread misinformation in their favor, the ill informed congress doesn\u2019t have a chance to verify all the information they face, there is no \u201cDevil\u2019s Advocate\u201d in place, and we get stupid bills passed.  Just instituting a \u201cDevil\u2019s Advocate\u201d group that opposes all bills would relieve a lot of the issues."}
{"_id": "546902", "title": "", "text": "Windows 10 is technically more stable and can run for months at a time, but Microsoft has decided that they think it's ok to force the computer to restart after updates are installed, without even asking the user for permission first. So you're probably just one of millions of victims of that issue.  Countless numbers of people continue to lose data, and many don't even know why, all because Microsoft is making a horrible decision and refuses to fix it.  They've even made it harder to turn off the forced restarts in most versions of Windows now.  Aside from that, Windows 10 is actually pretty good compared to previous Windows versions."}
{"_id": "546906", "title": "", "text": "&gt; On Wednesday, shares closed at $739.50, while the bitcoin it holds were worth less than $373, according to the issuer.  This amazes me.  Intense speculation on a shell that represents a currency driven by intense speculation and high volatility.  Why would anyone double down on this?"}
{"_id": "546911", "title": "", "text": "Agree wholeheartedly with the first point - keep track! It's like losing weight, the first step is to be aware of what you are doing.  It also helps to have a goal (e.g. pay for a trip to Australia, have X in my savings account), and then with each purchase ask 'what will I do with this when I go to Australia' or 'how does this help towards goal x?' Thrift stores and the like require some time searching but can be good value. If you think you need something, watch for sales too."}
{"_id": "546916", "title": "", "text": "Let me opt out of the parts I don't want to pay for, then. I'll gladly not pay for Social Security, Medicare/Medicaid, Welfare, Unemployment, etc. and not receive the benefits, for starters!  I'm not costing the government anything by existing here and doing business with people. In fact, I'm paying taxes indirectly for services I'm not receiving."}
{"_id": "546932", "title": "", "text": "If you are looking at long-term investments then you can look to Dheer's answer and see that it doesn't matter whether the money is large or small, the return will be the same.  When it comes to shorter-term investments, it can actually pay to be a smaller investor. Consider a stock that may not be trading in high volume. If I want to take a position for 2,000 shares, I can probably buy it quite quickly without moving the market considerably.  If I was managing your hypothetical portfolio opening a position for 1,000,000 shares, it can cause the price to go up significantly because I have to execute the order very carefully in order to not tip my hand to the market that I want a million shares.  Algorithmic traders will see the volume increasing on those shares and will raise their asking price. High speed traders and market makers will also cause a lot of purchasing overhead. Then later when it comes time to sell, I will lose a percentage to the price drop as I start flooding the market with available shares."}
{"_id": "546953", "title": "", "text": "This is similar to the overnight lending rate set by the US Federal Reserve Board. If money is more expensive to borrow (higher interest rate) then less will be borrowed.  Commercial and consumer loan rates follow up or down via market pressures (though possibly to a lesser extent in China) to adjust to the new central bank rate. Money creation is driven in part by fractional reserve banking: banks are required to have but a small percentage of deposits on hand in cash, and the rest can be lent out, deposited in another bank that has the same fractional reserve requirement, and that money can be lent out, etc.  Higher interest rates dampen this lending activity, so inflation is toned down."}
{"_id": "546964", "title": "", "text": "No. It's the total on the bill statement that's reported, not the daily value. Pay before the bill is cut and you are fine. This is a great strategy for those who find their line to be too low.  Update - when I answered this, it was true, and pretty much went unchallenged. Some months back, a card I use changed banks. And my score blipped down. I had been on the habit of paying most of my balance in full the day of, or day before the statement was cut. I saw the balance reported on this card was as of the last day of the month, not the amount billed. I started paying the card's full balance on the 30/31 and the score returned to normal. This was the first I'd ever seen this, and no other member here has shared the same experience, yet."}
{"_id": "546965", "title": "", "text": "Subprime loans typically pay a higher rate of interest. If you earn 10% on a subprime loan and 4% don't pay you earn 6%. If you earn 5% on a prime loan and 1% don't pay you earn 4%.   During the years up to the financial crisis a lot of subprime loans were sold to investors, earning the originating banks money from fees. If you can make a $1K loan and sell it to an investor for $1050, that's a damn good business.   Subprime lending isn't so much about being good at picking borrowers, it's more about being good at collecting. Different skill set."}
{"_id": "546969", "title": "", "text": "\"When you buy a stock, you're really paying for a STREAM of earnings, from now till whenever. The job of an investor is to figure out how large that stream will be in the future. But if the stock price were the same as \"\"earnings\"\" (for one year), it would mean that you would get all future earnings for \"\"free.\"\" That's not likely to happen unless 1) the company is in liquidation,\"\" meaning \"\"no future\"\" and 2) it earned ALL of the money it ever earned in the past year, meaning \"\"no past.\"\" If there are likely to be any earnings in the future, you will have to pay for those future earnings, over and above what was earned in the most recent year.\""}
{"_id": "546971", "title": "", "text": "And it was just as true when he said it in previous years, while the exact year is unpredictable that much is certain: Sooner rather than latter the chickens will come home to roost. You don't believe this is an actual sustainable boom right ?"}
{"_id": "546979", "title": "", "text": "\"This seems like a huge advantage for a Roth to the point where I can't   figure out why anyone would choose a traditional. You are missing something called the time value of money. This is the concept that a certain amount of money now has the same value as a bigger amount of money later. Basically, you wouldn't be willing to give up an amount of money now and get the same amount of money later -- you need to get a larger amount later to be willing to exchange it for a certain amount now. So that larger amount later has the same value to you than that smaller amount now. This is the idea behind interest and investment returns. When you make an investment, and it earns interest or gains over a period of time, in effect that final amount of money (principal + interest) has the same value as the principal when you started, because that final amount was grown from the original principal. So whether you are taxed on the principal in the beginning (as in Roth IRA) or on the principal + interest at the end (as in Traditional IRA), you are still taxed on the same value of money. And if the tax rates are the same between now and in the future, then you pay the same value in taxes in both cases. Roth would only be better than Traditional if the tax rates are lower now than when you take it out; and Traditional would only be better than Roth if the tax rates are higher now than when you take it out. Let's consider a simple example to demonstrate that the two are equivalent if the tax rates (assuming a flat tax, because tax brackets introduce other complications) are the same now and when you take it out. In both cases, you start with $1000 pre-tax wages, you invest it for 10 years in a place with guaranteed 5% returns per year adn then take it out, there are no penalties for withdrawal, and there is a flat 25% tax now and in the future. Note that you are left with the same amount of money in both cases. This arises from the associativity of multiplication. Note that Roth IRA has a higher effective \"\"limit\"\" than Traditional IRA, because the nominal limit is the same for both, but Roth is post-tax. So if you contribute to near the limit, where Traditional can no longer match the value that Roth can contribute, then the comparison no longer applies. The $1000 in this example is below the limit for both.\""}
{"_id": "546985", "title": "", "text": "\"Although Social Security &amp; Medicare have been known to be some of the most efficient government-run programs, their future is dismal. With increase in life expectancy and rising unemployment (and extensions on unemployment insurance), something has to give. Because of the severe recession, Medicare is now paying out more than it receives.   Some of the programs I think the federal government spends too much money on include: agricultural subsidies,\"\"nudge\"\"-style 'tax expenditures/selective tax breaks; and land-based Cold War military systems.\""}
{"_id": "547033", "title": "", "text": "\"The obvious advantage is turning your biggest liability into an income-generating asset. The downside are: (1), you have to find tenants (postings, time to show the place, credit/background check, and etc) (2), you have to deal with tenants (collection of rent, repairs of things that broke by itself, complaints from neighbors, termination, and etc) (3), you have to deal with the repairs In many ways, it's no different from running another (small) business, so it all boils down to how much time you are willing to invest and how handy you are in doing reno's and/or small repairs around the house. For profitability/ROI analysis, you want to assume collection of 11 months of rent per year (i.e. assume tenant doesn't renew after year, so you have the worst case scenario) and factor in all the associated expense (be honest).  Renting out a second property is a bit tricky as you often have to deal with a large operating expense (i.e. mortgage), and renting a basement apartment is not bad financially and you will have to get used to have \"\"strangers\"\" downstairs.\""}
{"_id": "547035", "title": "", "text": "Overall level of debt doesn't matter what matters is debt to cash flow or economic reasources. Sure debt is higher now, but so is GDP. Debt to cash flow looks healthy in the government (ex PR, IL, etc.), consumer, banking, and corporate sectors of the economy.  I think your falling for the Representativeness behavioral finance bias. Just because the last two crashes were caused by major bubbles doesn't mean the next market downturn will be. Prior to the tech bubble the US economy didn't experience this type of boom and bust economy caused by asset bubbles.  I think you have to consider (my baseline) that we may just be in a slow nominal growth environment with modest inflation. This may continue for several years if so the Feds terminal fed funds rate may be lower than historical rates. If that's the case investors should be willing to pay more for each unit of earnings i.e. Higher than historic valuations. I could be wrong, but that's the baseline I'm most comfortable given all the facts that I see."}
{"_id": "547036", "title": "", "text": "Credit cards are a basic building block of a stable financial plan.  By using a credit card for every purchase above, say, the price of a coffee you gain a number of material benefits.  You get the free use of the bank's money for about a month.  You reduce the amount of cash you require to almost nothing.  You get a handy budget tracking tool as many credit cards help you assign categories to expenses.  You can typically download your transactions and import them into a budget app for handy record keeping.  Many cards offer benefits such as extended warranties on items purchased, travel insurance, reward points and other benefits. There is only one caveat: Pay the entire balance, in full, every month, on or before the due date.  Don't even THINK about paying anything less and don't EVER be late."}
{"_id": "547043", "title": "", "text": "\"Even if you reject the premise of the article (which I imagine many in this sub would), how can you see capitalism as an entirely faultless system? What do you mean by \"\"people have the choice to fix things\"\"? How can people fix an issue like, say, inequality without reforming capitalism itself?\""}
{"_id": "547050", "title": "", "text": "It's tough to borrow fixed and invest risk free. That said, there are still some interesting investment opportunities. A 4% loan will cost you 3% or less after tax, and the DVY (Dow high yielders) is at 3.36% but at a 15% favored rate, you net 2.76% if my math is right. So for .5%, you get the fruits of the potential rise in dividends as well as any cap gains. Is this failsafe? No. But I believe that long term, say 10 years or more, the risk is minimal."}
{"_id": "547054", "title": "", "text": "I just thought I'd follow this up as it's now resolved. I spoke with citizens advice and they hadn't really got any advice other than they legally can't keep the money. I then contacted Barclays (as this is who was sent the money) they were very helpful and assured me that if my estate agent went into the bank with proof of transaction and their details then they'd definately follow this up and resolve it. The day after speaking to Barlcays online, my estate agent contacted me to say the money has now appeared back in their bank. So it looks like the previous letter sent back from TSB must have been an automated letter like a timeout and actually in the background Barclays must have still been processing it. Regards Liam"}
{"_id": "547076", "title": "", "text": "Hey, you seem like you read a lot about what a quant does on the Internet... I'm guessing zerohedge mostly and maybe some financial pop culture books about the financial crisis. Why don't you leave that out of this discussion as it is pretty misleading. Quants price relative risk and that is important for a number of reasons."}
{"_id": "547087", "title": "", "text": "You are faced with a dilemma. If you use a 529 plan to fund your education, the short timeline of a few years will limit your returns that are tax free. Most people who use a 529 plan either purchase years of tuition via lump sum, when the child is young; or they  put aside money on a regular basis that will grow tax deferred/tax free. Some states do give a tax break when the contribution is made by a state taxpayer into a plan run by the state. The long term plans generally use a risk profile that starts off heavily weighted in stock when the child is young, and becomes more fixed income as the child reaches their high school years. The idea is to protect the fund from big losses when there is no time to recover. If you choose the plan with the least risk the issue is that the amount of gains that are being protected from federal tax is small. If you pick a more aggressive plan the risk is that the losses could be larger than the state tax savings. Look at some of the other tax breaks for tuition to see if you qualify Credits An education credit helps with the cost of higher education by   reducing the amount of tax owed on your tax return. If the credit   reduces your tax to less than zero, you may get a refund. There are   two education credits available: the American Opportunity Tax Credit   and the Lifetime Learning Credit. Who Can Claim an Education Credit? There are additional rules for each credit, but you must meet all   three of the following for either credit: If you\u2019re eligible to claim the lifetime learning credit and are also   eligible to claim the American opportunity credit for the same student   in the same year, you can choose to claim either credit, but not both.   You can't claim the AOTC if you were a nonresident alien for any part   of the tax year unless you elect to be treated as a resident alien for   federal tax purposes. For more information about AOTC and foreign   students, visit American Opportunity Tax Credit - Information for   Foreign Students. Deductions Tuition and Fees Deduction You may be able to deduct qualified education expenses paid during the   year for yourself, your spouse or your dependent. You cannot claim   this deduction if your filing status is married filing separately or   if another person can claim an exemption for you as a dependent on his   or her tax return. The qualified expenses must be for higher   education. The tuition and fees deduction can reduce the amount of your income   subject to tax by up to $4,000. This deduction, reported on Form 8917,   Tuition and Fees Deduction, is taken as an adjustment to income. This   means you can claim this deduction even if you do not itemize   deductions on Schedule A (Form 1040). This deduction may be beneficial   to you if, for example, you cannot take the lifetime learning credit   because your income is too high. You may be able to take one of the education credits for your   education expenses instead of a tuition and fees deduction. You can   choose the one that will give you the lower tax."}
{"_id": "547102", "title": "", "text": "\"I am not sure why you posted that, I hadn't seen that chart before. I get my facts from doing a search of debt as a factor of GDP from [the cbo.gov website](https://www.cbo.gov/publication/51129).  Regardless, your Source backs up what I posted. From your source: \"\"Debt analyses are most relevant on a debt-to-GDP basis.\"\"\""}
{"_id": "547106", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [Every investor in Trump's Toronto tower lost money except for guess who? Who is usually the only person to emerge intact from every one of Donald Trump's projects?](https://www.reddit.com/r/EnoughTrumpSpam/comments/77xjt8/every_investor_in_trumps_toronto_tower_lost_money/) on /r/EnoughTrumpSpam with 19 karma (created at 2017-10-22 09:55:54 by /u/FowelBallz)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "547107", "title": "", "text": "\"&gt; in fact, I reject the notion that bitcoin is anywhere as revolutionary as \"\"the internet\"\"  Bitcoin itself is rather simple; it's just a ledger that requires a proof-of-work hash to make entries and be rewarded for making those entries.   Yet the tech behind bitcoin (the blockchain) is where the incredible innovation is. You say that you acknowledge the technical aspects which is what I assume your referring to and absolutely agree.  &gt;(which itself, as a construct, is far older than most people let on).  So is the problem that Satoshi Nakamoto solved. The [Two Generals](http://en.wikipedia.org/wiki/Two_Generals'_Problem) problem has been discussed on crypto boards since the late 70s, early 80s and did not have a good solution until 2009. Since then there has been an explosion of new creations.   Solutions like [decentralized asset exchanges](https://www.counterparty.co/), [decentrazlied social media](http://twister.net.co/) without central servers or censorship, decentralized [reputation based markets like ebay](http://openbazaar.org/), decentralized and provable [notaries](http://coloredcoins.org/), [decentralized crowdfunding like kickstarter](http://www.coindesk.com/mike-hearn-wins-40000-bounty-bitcoin-core-crowdfunding/), [decentralized cloud storage](http://storj.io/), etc.   All these technologies are able to exist because of the blockchain protocol model and can be scaled across the world without censorship or seizure. Plus anyone can take these technologies to learn how they work and remix/edit/improve wherever they wish because everything is open.   Regardless what happens to the price of bitcoin, developments in this scene over the past 5 years have been beyond engaging. This past year alone has been so much fun following something that constantly evolves so quickly.   In this regard I definitely consider the technology behind bitcoin just as revolutionary and gamechanging as the internet was.    **most. fun. experiment. ever.**\""}
{"_id": "547110", "title": "", "text": "More exactly, it would be beneficial if government spent on something that increases economic productivity.    The problem is, how can the government determine what is a good investment vs a bad investment?  Even restricted only to building infrastructure, how does it know which bridges are good and which are [bad](http://en.wikipedia.org/wiki/Gravina_Island_Bridge)?  Government has no good method of determining this.  They make political, not economic decisions and listen to whoever lobbies them the best.  This idea of economic calculation is how [Mises' predicted that socialism/communism would utterly fail](http://mises.org/humanaction/chap26sec1.asp)."}
{"_id": "547114", "title": "", "text": "Rules of engagement that are invented by the coalition forces. Without approval or invitation, coalition forces are violating the sovereign airspace of Syria. According to international law if a syrian jet fighter shoots down coalition forces aircraft he is well within his rights to do so.  Coalition shooting down syrian planes on syrian territory (regardless for what reason) is a de facto declaration of war."}
{"_id": "547119", "title": "", "text": "Yep, a lot of startup funding these days is called equity, which makes for nice valuation, but there are often so many extra stipulations (I've even read of caps on upside; wish I could find the Matt Levine column on it now) that it really is effectively debt."}
{"_id": "547126", "title": "", "text": "Vacuum fittings are quite essential features which need to be bought with a lot of cautiousness. An inadequate one can ruin the whole purpose of having it. The best way is to search right in various platforms before finalizing a particular one."}
{"_id": "547127", "title": "", "text": "Banks don't want to manage property.  They despise the fact that they have all of these foreclosures that they can't sell.  They just want to loan you the money at X% and collect the fees and interest. The value of a reverse mortgage to the lender is that it's a collateralized loan against a property.  When the owner exits the property, it's attached to the property and must be paid back before the property is sold.  They carefully consider the age of the recipient, equity in the property, etc. when they decide how much to pay the owner so that the chances of the loan going underwater are minimized."}
{"_id": "547131", "title": "", "text": "&gt;I'm not sure professional sports players who won the genetic lottery and then worked their asses off to go pro are exactly pertinent to the data  FTFY  Edit: I and everyone completely missed the Office Joke. Let's stop arguing."}
{"_id": "547142", "title": "", "text": "They don't do anything you can't do yourself and they charge you money for it. And of course the only way they manage to negotiate the debt down is by not paying it for a while in the first place, have it referred to collections and then negotiating with the collectors. At that time, your credit rating (if you care about that at all) will have suffered a lot more damaged than it is from a few late payments. I would address the issue as to why you end up paying late first - it sounds to me like you're cutting the time left to pay to the bone and this turned around and bit you in the you-know-where. In case you are able to pay but not organised enough to do it on time, find a way to remind yourself to pay the bill a few days early for peace of mind. That won't do anything about the 28% interest but those might serve as an additional motivation to pay the debt off faster. Once you're back to showing regular on-time payments on your credit record, you might want to investigate transferring the balance to a cheaper card or negotiate the interest down (or both). If you genuinely can't pay after you've taken care of the essentials (food, shelter, transportation) then you don't need a third party to stop paying the credit card bill, you can do that yourself."}
{"_id": "547189", "title": "", "text": "I think that the person that stole the wallet is up for the credit cards and stuff with money but less likely he/she will be smart enough too use your identity, and even if they do you'll find out somehow now or later!"}
{"_id": "547196", "title": "", "text": "Hmm, if your financially savvy enough to have saved up half a million dollars, I'd think you would be savvy enough to spend it wisely. :-) I think I'd spend the cash before running down stocks and bonds, as cash almost surely has a lower rate of return.  I'd look into what rate of return you're getting on the rental property versus what you're getting from other investments. If the rental property has a lower return, I'd sell that before selling off stocks. (I own a rental property on which I am losing money every month. I'm still paying a mortgage on it, but even without that, the ROI would be about 4% under current market conditions.) Besides that, your plan looks good to me. Might need to add, 8. Beg on the streets, and 9. Burglary."}
{"_id": "547198", "title": "", "text": "Two parties will agree to pay each other's interest obligations. This is generally for one of two reasons:   * One party wishes to swap a fixed interest rate (eg coupons on a bond) for a floating interest rate (eg: payments on a loan). If their counterparty wishes the opposite, and the rates are acceptable to both, they will agree to swap their obligations  * There are two firms, based in countries A and B. Each firm has a branch in the other's country, and these branches each have a loan, denominated in that other countries currency. To reduce each firm's exposure to FX risk, they can swap their obligations, so A will pay interest on B's loan (which is in A's currency) and B on A's loan (which is in B's currency).  edit: removed infuriating unterminated bracket."}
{"_id": "547218", "title": "", "text": "The general advise is to contribute to the 401K up to the match limit. Then put money into a Roth IRA. Then put the rest into the 401K above the match. Yes you can have an IRA and a 401K. You can even have Roth and non-Roth versions. You do have to watch the limits, and exclusions, but there is nothing stopping you from contributing to multiple types in one year. Over a long career you may find your self with all the possible types of accounts.  When you re-qualify for the company 401K, there is no need to roll over the IRA money into the 401K. Just keep the IRA."}
{"_id": "547219", "title": "", "text": "NAFTA is doomed, not due to any component, article or clause in the deal itself, but by Trump\u2019s ego. The details don\u2019t matter, the costs don\u2019t matter the upsides/downsides don\u2019t matter... He will ensure that it is killed instead of admitting failure, incompetence and that he was wrong."}
{"_id": "547246", "title": "", "text": "Depending on how marketable your degree is, in the long run you may be better aquiring some student debt rather than slowing down your studies. For example finishing finance, medicine, or engineering a year later would mean one less year of your life that you are earning substantial income.  The only situation where slowing down your studies is of benefit is if your savings plus interest would be greater than the income you are giving up by taking longer. Live frugally, take whatever work you can without hurting your studies, don't stress if you can't get this to balance perfectly. I speak from experience on this.  Screwing around with working through school cost me 2.5 years of earning potential ($120,000+)."}
{"_id": "547256", "title": "", "text": "No reason to buy damodaran when all his content is available for free online. I took his class and he's more about the learn through practicing method which I agree with. He has a lot of useful guides if you just go to his website, YouTube, even iTunes U."}
{"_id": "547259", "title": "", "text": "Spot on. If Fannie and Freddie were culpable, it was likely because they trusted the ratings houses too much. That's a big mistake, but all too common in every kind of financial risk transaction, as any home buyer who ever hired a home inspector upon a realtor's recommendation knows."}
{"_id": "547267", "title": "", "text": "Given the combination of the admitted delays and then the failure of the money to arrive with only their word they have sent it, I would be worried that the solicitor is having financial problems and has not really sent your money because they don't have it. This shouldn't be possible unless they were already acting unethically by not properly segregating client money, but that possibility does always exist. I would consult the Solicitor's Regulation Authority for advice as quickly as possible. They may not be the right people to initially deal with the problem, but they should be able to advise on the appropriate next steps and it might help them match up your problem with any other reports they have received."}
{"_id": "547270", "title": "", "text": "haha, what now? They are constrained by Panasonic. If Panasonic can give them more batteries, they can make more cars. Their NUMMI plant is 370 acres and most of it is currently sitting empty. I suspect that they worked in some language with their new battery factory deal with Panasonic that also included Panasonic getting off their ass and making more batteries right now."}
{"_id": "547296", "title": "", "text": "You are correct.  We don't have any Kmart stores in SWFL anymore. They all closed down many years ago.  At first, he didn't believe that Kmart had the same item discounted at 60% off, he went online checked and then told me...we don't have Kmart near by, so I can't price match...lol"}
{"_id": "547297", "title": "", "text": "There's a book about Yahoo that has a lot of detail about what Mayer was doing in her first year or two at Yahoo. It's fascinating.  https://www.amazon.com/Marissa-Mayer-Fight-Save-Yahoo/dp/1455556602  Despite the title, 70% or so of the book (if I remember correctly) is about Yahoo pre-Mayer."}
{"_id": "547301", "title": "", "text": "\"Like you said, it's important to keep your personal assets and company assets completely separate to maintain the liability protection of the LLC. I'd recommend getting the business bank account right from the beginning. My wife formed an LLC last year (also as a pass-through sole proprietorship for tax purposes), and we were able to get a small business checking account from Savings Institute and Trust that has no fees (at least for the relatively low quantity of transactions we'll be doing). We wrote it a personal check for startup capital, and since then, the LLC has paid all of its own bills out of its checking account (with associated debit card). Getting the account opened took less than an hour of sitting at the bank. Without knowing exactly where you are in Kentucky, I note that Googling \"\"kentucky small business checking\"\" and visiting a few banks' web sites provided several promising options for no-fee business checking.\""}
{"_id": "547302", "title": "", "text": "\"My teacher always says the property interest the beneficiary \"\"holds\"\" or \"\"possesses\"\" is an equitable interest.  I might just seem out of place here because it's a legal term and probably not commonplace outside that sphere. But the beneficiaries equitable interest is possessed or held in that regard. From this equitable interest is the income stream.   If that just seems like a bunch of gibberish to you than don't mind me, just trying to learn the ins and outs of trusts not the world of finance generally.\""}
{"_id": "547303", "title": "", "text": "None of what you said is correct. Wells Fargo makes over half of it's net income from community banking. Investment Banking is tucked inside of the Wholesale division and represents a relatively small piece of that. Wells' auto portfolio is at $58 billion; by no means as large as say the mortgage exposure, but certainly nothing to sneeze at."}
{"_id": "547306", "title": "", "text": "Who cares what she studied in University 25 years ago? People can't learn on the job?   I was a music major, yet now hold an upper management position.      Should I quit and go back to playing gigs down at the pub?"}
{"_id": "547323", "title": "", "text": "Yes, but what qualifications are they asking for? [Here's one reasoning for why they keep bitching.](http://spectrum.ieee.org/podcast/at-work/tech-careers/why-bad-jobsor-no-jobshappen-to-good-workers) Essentially it sums up to the companies not wanting to pay market price for homegrown talent (essentially they set the price and expect people to sell at that price when there are plenty of buyers), the companies not wanting to spend the money training, and the companies want people who can start on the ground running instead of taking a little time to get a feel for the job.  Most of the engineers I graduated with knew that they would need more on the job training because the degrees were so general. It's almost impossible to make the degrees fit perfectly to the parameters that the companies want, so the universities provide a good engineering foundation that businesses could build upon. If the businesses were willing to spend the time training people there wouldn't be a problem."}
{"_id": "547325", "title": "", "text": "Are there any risks you're overlooking?  I think if you're considering this at all you're overlooking all of the risks... namely, if you think the issue with him not paying on the loan is the procedure involved with initiating collections or taking him to court for a judgement you're severely underestimating actually collecting after you're awarded a judgement.  Typically when people stop paying a debt, its because they don't have money.  A judgement doesn't change that. Now you could include in the promissory note a lien on some piece of his property, if he has one.  Even with the lien and a judgement against him you can't do much. There are laws related to lending by individuals, related to debt collection, maximum/minimum interest rates; there may even be a law that mandating individuals may only assess simple interest.  I doubt you'll be able to find a formal institution that will take over as nothing more than an administrator, though you might as well start researching how to sell the debt once your colleague defaults. IF you can legally amortize the loan at 4% and $450 per month, you're not made whole until about month 78.  Months 79 through about 90 will be your profit zone.  At this rate of return I'd just buy a muni... If you're willing to kiss this money good bye, and lending it generates more amusement to you than setting it on fire, go for it!"}
{"_id": "547328", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://reason.com/blog/2017/05/26/glenn-platt-intimacy-economy) reduced by 99%. (I'm a bot) ***** &gt; In a wide-ranging conversation about technology and disruption, Platt tells Reason&amp;#039;s Nick Gillespie how the intimacy economy will revolutionize not only business but also political and cultural practices.  &gt; Nick Gillespie: Hi, this is Nick Gillespie and this is the Reason podcast.  &gt; Nick Gillespie: Okay, so it&amp;#039;s not just like, &amp;quot;Hey, here&amp;#039;s our box. Here&amp;#039;s our Birchbox of stuff that we think is interesting, that our subscribers will like.&amp;quot; It&amp;#039;s, &amp;quot;Glenn Platt, you have bought this sorts of stuff or you gave a questionnaire.&amp;quot; And then they&amp;#039;ll say like, &amp;quot;Okay, because we know you wear glasses, here&amp;#039;s clips that go over that, that are sunglasses.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejb52/are_you_ready_for_the_intimacy_economy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133505 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **think**^#1 **Nick**^#2 **Gillespie**^#3 **Platt**^#4 **Glenn**^#5\""}
{"_id": "547333", "title": "", "text": "\"&gt; You are the one using false equivalency  No, I am using a rather simple parallel to show that 'consent' is socially created and can exist non-explicitly.  Your response is simply to assert your own opinion, that you have not consented to the state, without any reason to take that view seriously. You grew up under the rule of your state, you were educated about the implications of that long before you were expected to start paying taxes, and there is nothing preventing you from leaving the state's jurisdiction at any time. Your opinion that this does *not* indicate consent is irrelevant because the whole rest of society thinks that it does. If arbitrarily asserting that you haven't consented to things *was* an argument, literally anything can be oppressive. I can walk into your home and set up camp in your living room and say \"\"I didn't consent to this being your house.\"\" All social rules are instantly out the window. Is that how society works?  I've jumped through these hoops before. I know how you people try and pull this off. It doesn't work. Your position is not tenable. It's just a series of language tricks that entertains people who haven't thought it all the way through.  You're either a charlatan or you've been deceived by one, and I don't really care to learn which.  Quoting myself from weeks ago:  &gt; &gt; &gt; &gt; I'd like to know how exactly I opt into paying.   &gt; &gt; &gt; By choosing to occupy the territory ruled by your state, despite being fully informed about the implications of doing so, and having been made informed well before you had an obligation to start paying.   &gt; &gt; That's not an agreement.   &gt; Let's say I walk into a shop, say \"\"I'll have a medium coke please,\"\" they hand me one, I walk out of the building. Am I stealing? Well, I didn't specifically agree to pay for it, did I? But that argument wouldn't hold much weight in an actual legal dispute, because obviously I understand that when you ask for an item in a shop you're implicitly agreeing to pay for it at some point.  &gt;  &gt; But what about some less \"\"obvious\"\" cases? If a shopowner put a small sign near the entryway that said \"\"entry fee ten dollars, entering the store constitutes agreement to pay,\"\" you could reasonably argue this is invalid because you walked into the store without noticing the sign and the practice is quite unusual. But if instead of a shop it were a theater performance you walked into, maybe that argument wouldn't hold up, because you should be expected to understand there's an entry fee at a theater. And maybe if you were from a country that doesn't have theaters and you were thus genuinely unaware of this particular social custom they would make an exception and you'd get away with it. This is the kind of problem a judicial system exists for, to take social context into account.  &gt;  &gt; The point is, whether something constitutes agreement or not, and thus what are the legal repercussions to your actions, is a matter of opinion, and in this case I don't see any particular reason to think that your opinion about the government ought to overrule that of the rest of society. Your actions are interpreted as indicating consent for the system you're acting in, and this being so if you took the government to court on the charge that it's stealing from you you would obviously lose. So how is it an argument to just say \"\"but that's not an agreement in my opinion\"\"? That's as irrelevant as me saying \"\"but I didn't agree to pay for this food I just ate, officer. I just walked in and asked for food and they gave it to me and I ate it. That's not an agreement, in my opinion.\"\"  &gt;\""}
{"_id": "547370", "title": "", "text": "A technically strong stock or market is simply a stock or market which is up-trending and has been up-trending for a while. Just as a fundamentally strong stock is one with good fundamentals (a stock that is healthy and making higher profits year after year and continually improving), a technically strong stock has a healthy uptrend that continues to go up and up. Apple was technically strong until it hit $700 (its price stayed above the 200 day MA for a long period until after it hit $700, then broke down through the 200 day MA shortly after - the uptrend was over). I will usually buy stocks which are both fundamentally and technically strong, as a technically strong stock will generally stay technically strong longer if it also has strong and good fundamentals."}
{"_id": "547374", "title": "", "text": "\"You would be surprised just how many places aside from McD are unhealthy.  It's not just fast food.  Plenty of regular restaurants are just as bad and often worse.  Studies show that people are more satisfied if they get a giant plate of average food than a smaller plate of good food, and since a lot of glutenous ingredients are cheap, restaurants just pile it on.  For example, go to your local Italian restaurant and you will find plenty of meals that are approaching or crossing a ridiculous 2000 calorie mark - just for one meal.  That is worse than your McD burger meals.    I've seen different variations of McD \"\"cafes\"\" and many of them are nothing special.  But some of them are down right snazzy.  They are mimicking Starbucks experience.  Very pleasant to hang out.\""}
{"_id": "547380", "title": "", "text": "Inflation can be a misleading indicator. Partly because it is not measured as a function of the change in prices of everything in the economy, just the basket of goods deemed essential. The other problem is that several things operate on it, the supply of money,  the total quantity of goods being exchanged, and the supply of credit. Because the supply of goods divides - as more stuff is available prices drop - it's not possible to know purely from the price level, if prices are rising because there's an actual shortage (say a crop failure), or simply monetary expansion. At this point it also helps to know that the total money supply of the USA (as measured by total quantity of money in bank deposits) doubles every 10 years, and has done that consistently since the 1970's.  USA Total Bank Deposits So I would say Simon Moore manages to be right for the wrong reasons. Despite low inflation, cash holdings are being proportionally devalued as the money supply increases. Most of the increase, is going into the stock market. However, since shares aren't included in the measures of inflation, then it doesn't influence the inflation rate. Still, if you look at the quantity of shares your money will buy now, as opposed to 5 years ago, it's clear that the value of your money has dropped substantially.  The joker in the pack is the influence of the credit supply on the price level."}
{"_id": "547388", "title": "", "text": "I used LawDepot to do this. It worked well for my simple case, though you are limited in the number of people you can name, for example, to inherit a share of your estate. And as Frazell Thomas pointed out, you do need to have your signature witnessed. I would certainly use LawDepot again for a simple will, though I suspect my next will is going to be complicated enough that I'll actually have to use an attorney. Note that a significant life change such as getting married may invalidate any current will. This is certainly the case in my jurisdiction, but this may not necessarily be true for you. Note that if you die without a will, your estate will be divided up in a deterministic manner. My wife died recently and as her immediate next of kin and with no children, I was therefore entirely esponsible for her estate. Had we had children, the children would have received $40,000 each, the rest coming to me. This will depend greatly on your jurisdiction, and I'm not sure what happens if the estate is insufficient. I bring this up simply because both my wife and I were happy with the other handling the estate, and a will would not have made dealing with her death significantly easier."}
{"_id": "547401", "title": "", "text": "Yes, you are generally allowed to make contributions yourself to your HSA, even if your employer also made contributions. Let me explain further. The contribution limit for tax year 2015 is $3350 for individual coverage.  (It is higher for family coverage, or for account holders age 55+.)  The limit is for everything contributed to the HSA, whether it is an employer contribution or an account holder contribution.  (In other words, if your limit is $3350, and your employer contributed $3000, you can only contribute $350.) As far as the IRS is concerned, anything that your employer sends in is considered an employer contribution.  This might be money from the company as part of a benefit, or it might be money deducted from your salary as part of a voluntary contribution on your part.  Either way, if the employer sends it in, it is an employer contribution.  None of this employer contribution shows up on your W-2 as taxable income, so you don't get to deduct it on your tax return.  It has already been taken off of your income. Money that you send in yourself with your after-tax dollars is your account holder contribution.  This is money that you can deduct on your tax return, so that you aren't paying tax on this money. So here is what you need to do: Determine your total HSA contribution limit for tax year 2015. Find out how much your employer has already contributed for 2015.  The difference is how much you can still contribute for 2015. Contact your HSA provider and find out how to make a 2015 contribution.  Don't just send money in, because there is probably a form they want you to fill out to make a prior year contribution. Get all this done by April 15, the deadline for making a prior year contribution.  Actually, get it done before April 15, because often there will be some sort of delay of a day or two that will prevent you from doing this on the last day."}
{"_id": "547438", "title": "", "text": "\"You don't know what the term 'ad hominem' means. I am claiming you are ignorant based on your clear misrepresentation of factual evidence, which is an observation, not an ad hominem. You are just throwing out an insult not based on any actual evidence, which is an ad hominem. At least learn your pejorative terminology if you're going to try to adult.   As for \"\"bad life decisions\"\", again, you are flaunting ignorance by ignoring the fact that poverty is massively chronic in America right now. Four in ten Americans have an income below the 1968 minimum wage. You can try to call them names and demean them all you want, but the higher paying jobs just aren't there for everyone, which is why we must seriously increase the minimum wage so that the necessities of life can be attained.\""}
{"_id": "547441", "title": "", "text": "CreditCards.com has maintained a fairly comprehensive list of offers for many years now.  I don't see any straight 2% offers there right now."}
{"_id": "547444", "title": "", "text": "It is important to realize that some mergers are done with the intent to kill the acquired company, as they say \u201cdie on the vine\u201d.  If I know a company can become a threat I may buy them to kill them. Another reason to acquire is so my competitor won\u2019t acquire them."}
{"_id": "547449", "title": "", "text": "Deutsche Bank states here (couldn't find it in english) that SEPA transfers (all transfers in EUR to EU states that have EUR) are free. So you could just transfer the money. Your custom daily transfer limit (by default 1000\u20ac for online banking transfers) applies. You can change the limit online or by going to one of their branches. You would then transfer your money over the course of several days. You need the SWIFT and BIC code of your new account."}
{"_id": "547460", "title": "", "text": "You can't sell options if you don't have margin account (except covered call).  You can't trade futures if you don't have margin account.  Everything is immediate when you have margin account. (Including stocks) Margin account is not subject to freeriding rules, but is subject to Pattern Day Trader rules."}
{"_id": "547476", "title": "", "text": "An Unmanned Aerial Vehicle also called as drones is a battery-powered gadget which is designed to fly through a remote controller. The device can hover; flight high and far as per the limitations of the range. Generating mesmerizing aerial videos and a lot more also a drone is capable of clicking pictures!"}
{"_id": "547478", "title": "", "text": "How is Bitcoin silly at all? I don't understand.  Not all cryptocurrency supporters are against regulation. I want regulated cryptocurrencies.  The people who are going to lose here are the ones who invested in 'bad' ICOs. This isn't the first time ICOs have contributed to the fall of the crypto market. Months ago the crowds were screaming the end of crypto with the crash in June. Looking at it now it seems very small. Even with 20% loss the last few days we are still above our previous crash.  And what do you mean the west? We are not the only people developing, contributing, investing, and using crypto. Let's not forget Estonia, Mauritius, Denmark, South Korea... and there's more."}
{"_id": "547533", "title": "", "text": "\"You've laid out several workable options.  You might try going to mortgage broker and looking at what offers you get each way.  I can say that it sounds like your partner will have a difficult time qualifying for a mortgage.  That puts you on the first and third options. Forget about \"\"building equity.\"\"  You cannot rely on the house you're living in to provide a return on investment.  Housing is an expense, even if you own it outright.  Keep that in mind when you consider taking from the stream of money contributing to your retirement. This link is to a blog which really clarifies the \"\"rent vs. own, which is better?\"\" question.  The answer is, it depends on the individual and the location, and the blogger in the link explains how to answer that question for your situation.  One of the key advantages of ownership is that it gives you freedom to modify the interior, exterior, and grounds (limited by local building codes of course.)\""}
{"_id": "547534", "title": "", "text": "\"Surprisingly, I got weird looks when I say \"\"I think I need a 2nd grocery bag\"\". I sometimes have to say things like: \"\"This bag looks heavy. I lost $2.50 of blueberries once because I was too cheap to pay $0.10 for a second bag\"\"\""}
{"_id": "547546", "title": "", "text": "The swatch group is not that great anyway.  As an end consumer, if you have a problem with their product, it is YOUR problem.  You will not get satisfaction on a very expensive item that you buy from them.  If there are fewer swatch based watched out there, so much the better."}
{"_id": "547553", "title": "", "text": "\"Most of the investors who have large holdings in a particular stock have pretty good exit strategies for those positions to ensure they are getting the best price they can by selling gradually into the volume over time. Putting a single large block of stock up for sale is problematic for one simple reason: Let's say you have 100,000 shares of a stock, and for some reason you decide today is the day to sell them, take your profits, and ride off into the sunset.  So you call your broker (or log into your brokerage account) and put them up for sale.  He puts in an order somewhere, the stock is sold, and your account is credited. Seems simple, right?  Well...not so fast. Professionals - I'm keeping this simple, so please don't beat me up for it! The way stocks are bought and sold is through companies known as \"\"market makers\"\".  These are entities which sit between the markets and you (and your broker), and when you want to buy or sell a stock, most of the time the order is ultimately handled somewhere along the line by a market maker.  If you work with a large brokerage firm, sometimes they'll buy or sell your shares out of their own accounts, but that's another story. It is normal for there to be many, sometimes hundreds, of market makers who are all trading in the same equity.  The bigger the stock, the more market makers it attracts.  They all compete with each other for business, and they make their money on the spread between what they buy stock from people selling for and what they can get for it selling it to people who want it. Given that there could be hundreds of market makers on a particular stock (Google, Apple, and Microsoft are good examples of having hundreds of market makers trading in their stocks), it is very competitive.  The way the makers compete is on price.  It might surprise you to know that it is the market makers, not the markets, that decide what a stock will buy or sell for. Each market maker sets their own prices for what they'll pay to buy from sellers for, and what they'll sell it to buyers for.  This is called, respectively, the \"\"bid\"\" and the \"\"ask\"\" prices.  So, if there are hundreds of market makers then there could be hundreds of different bid and ask prices on the same stock.  The prices you see for stocks are what are called the \"\"best bid and best ask\"\" prices.  What that means is, you are being shown the highest \"\"bid\"\" price (what you can sell your shares for) and the best \"\"ask\"\" price (what you can buy those shares for) because that's what is required.  That being said, there are many other market makers on the same stock whose bid prices are lower and ask prices are higher.  Many times there will be a big clump of market makers all at the same bid/ask, or within fractions of a cent of each other, all competing for business.  Trading computers are taught to seek out the best prices and the fastest trade fills they can. The point to this very simplistic lesson is that the market makers set the prices that shares trade at.  They adjust those prices based (among other factors) on how much buying and selling volume they're seeing.  If they see a wave of sell orders coming into the system then they'll start marking down their bid prices.  This keeps them from paying too much for shares they're going to have to find a buyer for eventually, and it can sometimes slow down the pace of selling as investors and automated systems notice the price decline and decide to wait to sell.  Conversely, if market makers see a wave of buy orders coming into the system, they'll start marking their ask prices up to maximize their gains, since they're selling you shares they bought from someone else, presumably at a lower price.  But they typically adjust their prices up or down before they actually fill trades.  (sneaky, eh?) Depending on how much volume there is on the shares of the company you're selling, and depending on whether there are more buyers than sellers at the moment, your share sell order may be filled at market by a market maker with no real consequence to the share's price. If the block is large enough then it's possible it will not all sell to one market maker, or it might not all happen in one transaction or even all at the same price. This is a pretty complex subject, as you can see, and I've cut a LOT of corners and oversimplified much to keep it comprehensible.  But the short answer to your question is -- it depends. Hope this helps. Good luck!\""}
{"_id": "547558", "title": "", "text": "\"Just to argue the other side, 1.49% is pretty low for a loan. Let's say you have the $15k cash but decide to get the car loan at 1.49%. Then you take the rest of the money and invest it in something that pays a ~4% dividend (a utility stock, etc.). You're making money on the difference. Of course, there's no guarantee that the underlying stock won't drop in value, but it might go up, too. And you'll likely pay income tax on the dividends. Still, you have a good chance of making money by taking the loan. So I will argue that there are scenarios where taking advantage of a low interest rate loan can be \"\"good\"\" as an investment opportunity when the risk/reward is acceptable. Be careful, though. There's nothing wrong with paying cash for a car!\""}
{"_id": "547573", "title": "", "text": "Some notable percentage of buyers won't even try to do the rebate, or will forget - so it's a [relatively] cheap incentive to the consumer than most will miss out on."}
{"_id": "547574", "title": "", "text": "Welcome to the real world. BTW, you have far too rosy a view of this if you think you're only paying 28.5% of your income in taxes. Remember that your employer theoretically pays half your FICA tax. But as far as they're concerned, that's part of the cost of having you as an employee. If FICA was abolished, supply and demand would quickly push salaries up by an amount equal to the FICA tax. So add another 7.65% to your taxes. Plus your employer has to pay unemployment tax (federal unemployment tax is $420 per employee per year, states vary) and workman's compensation tax (no idea how much that is) for the privilege of having you as an employee. You likely pay sales taxes on most everything you buy. I believe sales tax in Massachusetts is 6.25%. Assuming you pay that on only half of what you buy, add another 3% or so. Do you work for a corporation? Between when they sell the fruits of your labor and when they pay you, they have to pay corporate income tax. There are a lot of deductions so that gets complicated, but figure another few percent. Do you drive a car? You're paying gas tax -- 41.9 cents per gallon in MA. Do you smoke or drink alcohol? Extra taxes on those. Travel by plane or stay in a hotel? More special taxes. When you get around to buying a house, you'll pay property taxes on it every year, year after year. For me in Michigan that's another 3% of my income. I understand it's a lot more in Massachusetts. Etc, many other smaller taxes that add up."}
{"_id": "547598", "title": "", "text": "\"The problem is not the credit score; it is the \"\"competing\"\" inquiries. Multiple inquiries will be considered as one if done withing a short time period (2 month, IIRC) and for the same kind of credit, because people do shop for rates, you're not the first one to do that. So don't worry about that. What you should be worrying about is banks asking questions about these inquiries, which is an annoying (at least for me) technicality. You'll have to explain to each of the banks that you want a pre-approval from that you're going to take the mortgage from them, and not from anyone else. In writing, with your signature notarized. Which is OK because it's done (the signature and notarizing) at closing, but you'll have to \"\"convince\"\" them that they're the chosen ones to get approved. Other than that it's pretty simple. I've done that (including the declaration that I'm not going to take any loans based on the other \"\"competing\"\" inquiries), and it worked fine when I took the original mortgage, and when I refinanced it later in a similar \"\"shopping\"\" fashion. Do it closer to the actual bidding, because closing does take at least 3-4 weeks, and the rate lock is usually for 30-60 days, so not much time to shop if you take that road.\""}
{"_id": "547603", "title": "", "text": "Not Definitive\u2019  \u201cThey\u2019ve used terms like \u2018likely,\u2019\u201d Hock said today in an interview. \u201cWhat they\u2019ve come up with here is a probability. It\u2019s not a definitive conclusion.\u201d  Synthetic chemicals discovered in the aquifer are just as likely \u201cthe result of contamination from their own sampling,\u201d he said.   the first time it found chemicals used in extracting natural gas through hydraulic fracturing in a drinking-water aquifer   Boo fucking hoo. go live on a tree. oh wait, these should be protected too."}
{"_id": "547616", "title": "", "text": "There is no way to know anything about who has shorted stuff or how concentrated the positions are in a few investors.  Short positions are not even reported in 13(F) institutional filings. I'll take the bonus points, though, and point you to the US Equity Short Interest data source at quandl."}
{"_id": "547622", "title": "", "text": "You'll most likely need additional funding at some point in the future so that'll dilute your position below 51%. I think it's best to do what you can with what you've got before you NEED those additional funds from outside investors. They only cause trouble and if they're focused on short-term results &amp; getting their cash back as soon as possible rather than long-term sustainability, it'll be a nightmare dealing with them."}
{"_id": "547631", "title": "", "text": "Here's a real-life example of why being underwater can be a tad annoying: Your options are: You must choose one."}
{"_id": "547636", "title": "", "text": "In short, your scenario could work in theory, but is not realistic... Generally speaking, you can borrow up to some percentage of the value of the property, usually 80-90% though it can vary based on many factors.  So if your property currently has a value of $100k, you could theoretically borrow a total of $80-90k against it.  So how much you can get at any given time depends on the current value as compared to how much you owe.  A simple way to ballpark it would be to use this formula: (CurrentValue * PercentageAllowed) - CurrentMortgageBalance = EquityAvailable.     If your available equity allowed you to borrow what you wanted, and you then applied it to additions/renovations, your base property value would (hopefully) increase.  However as other people mentioned, you very rarely get a value increase that is near what you put into the improvements, and it is not uncommon for improvements to have no significant impact on the overall value.  Just because you like something about your improvements doesn't mean the market will agree. Just for the sake of argument though, lets say you find the magic combination of improvements that increases the property value in line with their cost.  If such a feat were accomplished, your $40k improvement on a $100k property would mean it is now worth $140k.  Let us further stipulate that your $40k loan to fund the improvements put you at a 90% loan to value ratio.  So prior to starting the improvements you owed $90k on a $100k property.  After completing the work you would owe $90k on what is now a $140k property, putting you at a loan to value ratio of ~64%.  Meaning you theoretically have 26% equity available to borrow against to get back to the 90% level, or roughly $36k.  Note that this is 10% less than the increase in the property value.  Meaning that you are in the realm of diminishing returns and each iteration through this process would net you less working capital. The real picture is actually a fair amount worse than outlined in the above ideal scenario as we have yet to account for any of the costs involved in obtaining the financing or the decreases in your credit score which would likely accompany such a pattern.  Each time you go back to the bank asking for more money, they are going to charge you for new appraisals and all of the other fees that come out at closing.  Also each time you ask them for more money they are going to rerun your credit, and see the additional inquires and associated debt stacking up, which in turn drops your score, which prompts the banks to offer higher interest rates and/or charge higher fees... Also, when a bank loans against a property that is already securing another debt, they are generally putting themselves at the back of the line in terms of their claim on the property in case of default.  In my experience it is very rare to find a lender that is willing to put themselves third in line, much less any farther back.  Generally if you were to ask for such a loan, the bank would insist that the prior commitments be paid off before they would lend to you.  Meaning the bank that you ask for the $36k noted above would likely respond by saying they will loan you $70k provided that $40k of it goes directly to paying off the previous equity line."}
{"_id": "547651", "title": "", "text": "That's not true. In every computation with prisioners dilemma repeated people tend to cooperate. In real life too, why do you think people never confess from gangs in jail? Or why do oligopolies mantain higher prices that the cmg? It happens all the time in life. Seems that the one who doesn't know about it it's you.  Prisioners dilemma has only that outcome in a single game. If it is repeated to infinity then everything is possible and probable. https://en.wikipedia.org/wiki/Folk_theorem_(game_theory)"}
{"_id": "547653", "title": "", "text": "I don't think so, but:  - It depends on the product, some products are simple (Vodka) others have plenty of restrictions (Plutonium). So without you naming what your product is nobody can help you. - Regulation differ for each country. Greece and Italy are different countries.  For most products you pay some import duty, the applicable VAT and some customs fees and all is well."}
{"_id": "547682", "title": "", "text": "Since no one else mentioned it, there are sometimes amazing deals that require being the first person to take advantage of them. I'm not talking about black Friday sales, I'm talking about the woman who decided to sell the Porsche (she had bought for her cheating husband) for $1000. You might not run into those types of deals often, but having liquid investments will allow you to take advantage of them instead of kicking yourself. I just bought some real estate with some of my emergency fund that needed several months before I could properly finance it due to some legal issues with the deed that needed to go through court because there was a deceased person on the title. I will make far more on the deal when it's done than I ever could have made with that money invested in the market."}
{"_id": "547697", "title": "", "text": "Hey all. Hoping for some help from the business community. I'm 20 responses short of having enough responses for my survey to be valid. I'd be very grateful if any of you could spare a few mins to complete my survey so I can finally stop shilling myself to everyone I know. Many thanks."}
{"_id": "547704", "title": "", "text": "You have to wonder, don't you? Is he leaving because he finally realises the business is entirely a scam? That it's nothing more than a payday loan scheme, charging 25% interest, but the loan comes from the driver!  They effectively borrow large sums of money (which are car maintenance costs deferred for the future) from themselves, and have to work like a dog to do it.  A payday loan is a much more ethical thing, and not hidden behind math that Uber drivers are incapable of performing. Even if you ahve a very efficient car, the most you can ever make driving fro Uber is 6 cents a mile, net profit.  If you think 6 cents a mile is an equitable payment, then by all means, become an Uber driver! Driving 100 miles will net you $6.  On the odd occasion I have had to use my car for work, the accepted rate to charge it out at (just to cover the running costs!) is 90 cents per kilometre, or $1.45 per mile.  That figure is what it actually costs to run a car. It does not include any payment for actually driving the car."}
{"_id": "547705", "title": "", "text": "Funny because I'm fully aware that I have no idea about how this works. That's exactly why I'm here. I literally was asking people to inform me, to teach me a little bit. I googled information on business plan and that's the first thing it said. Are you guys failing to see the fact that I'm clueless? Did I ever admit to being a genius with an amazing strategy of becoming the next Donald Trump? And you're just like the other guy. You can't tell me what I have planned hasn't been done if you don't know what my plan is. And it hasn't been done, I'm not brain dead.. I can figure out if my idea is already there or not. How can you tell me what my rough estimate is like if you don't know what I'm doing as well. Are all businesses supposed to start off with a 500 million dollar budget? Are they all supposed to start off with a 100 dollar budget? No, it varies for what you're doing. I'll go back and sum up what I was tying to say originally and clearly failed apparently to get into your head.. I'm 18 years old, and have a great idea for a business that would interest many many people. I have no idea how to start, or what to do to learn about how to start, call me an idiot or what not but I don't care cause most people don't know how to start a business properly especially at my age. And I wish you people could be supportive of a young guy trying to start a business instead of discouraging him and trying to turn him down. What are my peers doing? Drugs and working min wage to spend their money on bullshit. And I'm trying to find a way to be different and more successful. Obviously I guess I didn't go the right route to learn about business since I have no idea how to start but that's all I want from this thread. All I want is for someone to tell me where to start, so that way while I'm making little money working right now, I could start learning how to start and grow an idea so that maybe my stupid ass can do something big somewhere down the road whether it takes a decade I dont give a fuck. What's your people's issue? I'm sorry I'm not as smart and amazing as you all. Now if someone is kind enough to take a few minutes to help someone out then that'd be appreciated. If not then waste your time somewhere else rather than discouraging me because I don't care. I have a dream and I'm gonna do what I can to make it come true."}
{"_id": "547711", "title": "", "text": "\"I mean, the claim was \"\"Trump cuts debt\"\", but since he didn't actually meaningfully influence the number it's false. If I said that I made cookies, but in fact someone else brought them in and just placed them near my desk, my statement would be false, right? If, on the other hand, the claim was \"\"Trump didn't do anything and the debt fell as a result of other factors\"\" that might be true.   That is, unless you think he's trying to take credit for not passing any of the legislation he said he would enact in his first 100 days? (\"\"I tried to set the house on fire, but people stopped me, so I saved the house from burning!\"\")  Not a very interesting story either way.\""}
{"_id": "547728", "title": "", "text": "\"&gt; How about \"\"retail investors did not sufficiently research and think about the company, invested poorly\"\"  Of course - but Wall Street did, in fact, set the initial price, which was far too high, and needs to at least share the blame for this debacle (starting to love that word)!\""}
{"_id": "547735", "title": "", "text": "If I am the guarantor for someone else's loan, can my personal property be possessed if the other person doesn't pay back the loan? As you have not indicated jurisdiction / country ... laws vary. In general; Yes. Your personal property can be possessed. However the financial institution has to send notices, get a court order and then possess your property and auction it. They can also freeze your Bank Account, or any other assets you have. There is no restriction as you have given a blanket guarantee. Note depending on Jurisdictions your estate and or legal heirs can also be liable to this if you die during the course of loan. can my property be mortgaged as a guarantee to his loan? Depending on how this is worded in legal contract, you can mortgage your property ONLY as a guarantee to his loan. In such cases financial institution can only take your property, but cannot take any other assets such as Bank deposits etc."}
{"_id": "547737", "title": "", "text": "I doubt you're going to find anywhere that will give you free outgoing wires unless you're depositing a huge amount of money like $500K or more. An alternative would be to find a bank that offers everything else you want and use XETrade for very low cost online wires. I've used them in the past and can recommend their services. Most banks won't charge for incoming wires. I have accounts at E*Trade Bank that don't charge any fees and I can do everything online. You might want to check them out. E*Trade also offers global trading accounts which allow you to have accounts denominated in a few foreign currencies (EUR, JPY, GBP, CAD and HKD I think). I don't think there is a fee for moving money between the different currencies. If your goal is simply to diversify your money into different currencies, you could deposit money there instead of wiring it to other banks."}
{"_id": "547750", "title": "", "text": "\"Actually, Trent Hamm of The Simple Dollar, wrote a \"\"book club\"\" series that basically reads like cliff notes for Dave's The Total Money Makeover starting with this blog post. So that might be a really good place to start. Also of note is Trent's Article \"\"Five Ways I Disagree With Dave Ramsey\"\".\""}
{"_id": "547757", "title": "", "text": "Syllabus Wala is the best job portal from where you can easily download ATI Chennai CITS Admit Card or Hall ticket 2017. WE give all the latest updates regarding upcoming result and date of competitive exam. Visit today!"}
{"_id": "547771", "title": "", "text": "Shop Navratri Ethnic clothing for women at discounted prices at ethnic-rack.com. Free Shipping on order over $99. Use Coupon FESTIVE13 (for 13% off), FESTIVE17 (for 17% off), and FESTIVE20 (for 20% off). HURRY UP OFFER FOR LIMITED TIME PERIOD. Grab the Opportunity."}
{"_id": "547773", "title": "", "text": "\"Generally cashiers checks do not expire, since they are \"\"like cash\"\" and fully funded at the time of issue. However, whether they can be cashed after a long period of time (and also what the definition of \"\"long\"\" is) depends on the bank. Eventually, if left uncashed it probably would be escheated to the state to wait for someone to claim it. Being that it's been less than a year I expect it could be cashed by the payee written on the check without any issues. If the payee is deceased then the check can be cashed by the estate, as it should be considered the property of the estate the same way it would be if it had already been cashed and was now sitting in a bank account in your mother's name. Under normal circumstances the \"\"estate\"\" in this case would go to your mother's spouse first, then to you (and your siblings if you have any), unless there is a will specifying otherwise. The only way your aunt would be able to deposit the check on her own is if she was listed as an \"\"OR\"\" on the check, or if she is the executor of OP's mother's estate. It sounds like the second line of the check is indeed referring to your aunt, however, from your description of the check it sounds like the second line is simply a designation of what the check is for rather than an additional payee. I bet a probate attorney in your state could easily tell by simply looking at the check.\""}
{"_id": "547774", "title": "", "text": "I've worked at a bank, and even the best prop traders have low Sharpe ratios and large swings.  I would advise that the average person without access to flow information does not a chance, and will end up losing eventually."}
{"_id": "547793", "title": "", "text": "I'm currently in process. I work full time for one big local company and side Hustle in my free time. U must have some income, so I belive this is good path. In future, when I could live from my own company I will quit my current job. But that means that you should work at least 14-16 h/day. It is hard but it will be worth one day.  Make some product, find clients etc. Start small, find some co-founder(s) and just start."}
{"_id": "547804", "title": "", "text": "\"&gt; \"\"We've supported Sears with positive attitudes, and this is how we're treated.\"\"  Unfortunately it takes more than that to succeed in retail.  And most Sears employees that I encountered in the last 20 years were far from positive.\""}
{"_id": "547835", "title": "", "text": "For those who are looking to improve credit for the sake of being able to obtain future credit on better terms, I think a rewards credit card is the best way to do that. I recommend that you only use as many cards as you need to gain the best rewards. I have one card that gives 6% back on grocery purchases, and I have another card that gives 4% back on [petrol] and 2% back on dining out. Both of those cards give only 1% back on all other purchases, so I use a third card that gives 1.5% back across the board for my other purchases. I pay all of the cards in full each month. If there was a card that didn't give me an advantage in making my purchases, I wouldn't own it. I'm generally frugal, so I know that there is no psychological disadvantage to paying with a card. You have to consider your own spending discipline when deciding whether paying with cards is an advantage for you. In the end, you should only use debt when you can pay low interest rates (or as in the case of the cards above, no interest at all). In the case of the low interest debt, it should be allowing you to make an investment that will pay you more by having it sooner than the cost of interest. You might need a car to get to work, but you probably don't need a new car. Borrow as little as you can and repay your loans as quickly as you can. Debt can be a tool for your advantage, but only if used wisely. Don't be lured in by the temptation of something new and shiny now that you can pay for later."}
{"_id": "547838", "title": "", "text": "But it goes both ways. Why should the people care about your business and if it's sustainable? The market will deem it unprofitable if he can't support paying his workers living wages.   If there are no minimum wages that a person can scrape by on then you have preditory companies taking advantage of people or the business offsetting the cost to the public (like tips). The public would be subsidizing the business.   I think you need to dig deeper into that logic."}
{"_id": "547853", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-11/ditching-obamacare-may-worsen-income-inequality) reduced by 92%. (I'm a bot) ***** &gt; Economic inequality and health disparities are linked, and replacing Obamacare is likely to make the twin problems of financial insecurity and poor health worse for those at the bottom of the income ladder.  &gt; In 2014, Aaron estimated that Obamacare would have a clear economic effect, boosting the incomes of the bottom fifth of Americans by from 3.4 to 5.3 percent, depending on how health insurance is valued.  &gt; In Ohio, more than a million people have gotten Medicaid coverage over some period of time since 2014 under Obamacare.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mnbmr/americas_rich_will_get_richer_its_poor_poorer/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~164663 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **health**^#1 **Medicaid**^#2 **people**^#3 **year**^#4 **income**^#5\""}
{"_id": "547860", "title": "", "text": "Human Capital consultants help you climb up the ladder of success gradually with sincere steps that were, otherwise, not taken. With this, you gain an edge in the world of business and the strength to sustain the success in near future. Consistency is the key and a business will learn that from such ace consultants."}
{"_id": "547865", "title": "", "text": "\"Question - Why does Renn Tech limit capital from outside investors while also leveraging their positions 4-5X ? Wouldn't they rather gain more in fees than pay interest on the leverage?  Quote: \"\"The investment paid off. Today the equities group accounts for the majority of Medallion\u2019s profits, primarily using derivatives and leverage of four to five times its capital, according to documents filed with the U.S. Department of Labor. 4\"\"  https://www.bloomberg.com/news/articles/2016-11-21/how-renaissance-s-medallion-fund-became-finance-s-blackest-box\""}
{"_id": "547866", "title": "", "text": "I asked this question in another sub, but I thought I might also get answers here.   I was just wondering how pension funds or investment firms calculate the interest that they give to their members or clients in the US, or whichever country you are from.   I ask this because I have a gut feeling that the national pension fund in my country does it the wrong way and is basically cheating people, so I wanted to make a comparison with other countries. Forgive me if I'm wrong and there's nothing to worry about.   OK, so what they do is collect money in a given financial year, which starts in July and ends in June. Let's say they collect 100 million in 2010-11. They then invest this 100 million in the year July 2011 - June 2012. After deducting admin costs and all that, interest for this 2010-11 money is declared on October 1st 2012.   That basically means that money someone contributed in July 2010 will earn interest 2 years later in 2012! I just feel like that is not how it should be done, but you can correct me if I'm wrong.   They also regularly give interest at about 12% which is good when I read about interest rates in the US being around 7%, but I feel like since this interest is basically announced after 2 years, that 12% isn't as good as it seems.   Someone help me understand if I'm wrong.  Thanks."}
{"_id": "547868", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.cnbc.com/2017/07/02/seattles-minimum-wage-hike-may-have-cut-wages-and-jobs-study-author.html) reduced by 70%. (I'm a bot) ***** &gt; &amp;quot;When the city raised minimum wage for large employers from $9.47 to $11 we see an increase in wages, but don&amp;#039;t see a statistically significant decline in hours worked,&amp;quot; he said.  &gt; &amp;quot;One thing you need to be really careful about in terms of evaluating this study, is this is looking at a local minimum wage just for the city of Seattle itself, which is a small share of the total metro area. A federal minimum wage would have very different dynamics,&amp;quot; he said.  &gt; The federal minimum wage has remained at $7.25 an hour since July of 2009.https://www.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ku49o/study_suggests_a_minimum_wage_hike_actually_cuts/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157545 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **minimum**^#2 **hour**^#3 **long**^#4 **study**^#5\""}
{"_id": "547897", "title": "", "text": "Looking for Foodpanda Replica visit\u200a'Depextechnologies.com'. They will help you by developing Replica of Foodpanda for website and mobile apps (ios and android). Foodpanda clone is an online food ordering and delivery website that bridge the gap between restaurants and consumers. Visit their website to know more."}
{"_id": "547908", "title": "", "text": "Saving time, even a few seconds to get up and get your phone is nice. Or while you are doing other tasks like putting groceries away. Maybe it is the programmer in me, but I hate stopping a task to do something else. Ruins momentum."}
{"_id": "547917", "title": "", "text": "&gt; Good convo with you man - appreciate a good Reddit yarn like this.  Same, you sound like you actually know what you're talking about, which is more than I can say for most of the people I've discussed this with."}
{"_id": "547925", "title": "", "text": "Dawn J Bennett Dawn Bennett is the founder and CEO of Bennett Group Financial Services, LLC, and serves as the host of Financial Myth Busting with Dawn Bennett. Financial Myth Busting is a nationally-syndicated radio talk show based in Washington, D.C. that airs on Sunday mornings. On the show, Dawn offers listeners a unique perspective on both financial and political current events, and enriches her programs with insight from leaders in the private and political sectors, as well as popular cultural figures."}
{"_id": "547932", "title": "", "text": "\"To supplement @littleadv's answer, I discovered that our friends at both Skeptics Stack Exchange and Politics Stack Exchange have also addressed this question \u2014 at least a few times that I could find. Please refer to: Skeptics SE: Was the 16th Amendment (income tax) improperly ratified?  ... with an accepted answer posted by Money's own @DJClayworth. Skeptics SE: Has income tax been found unconstitutional by a court?  ... which also mentions the useful IRS page The Truth About Frivolous Tax Arguments. I also highlight the mention to this valuable FAQ mentioned by @Paul, who also participates here at Money, in a comment on the accepted answer: For more information on bad legal arguments, see Tax Protester Legal FAQ \u2013  Paul Jan 7 '14 at 6:29  Politics SE: Constitutionality of the Income Tax.  I'll add that Money SE is best suited for practical questions relating to an individual's personal finances. While \"\"find ways to [...], minimize taxes, [...]\"\" is specifically mentioned as on-topic, a key word there is \"\"minimize\"\", not \"\"evade\"\". While questions here can overlap with legal or political issues, the focus at Money SE remains on the practical.\""}
{"_id": "547941", "title": "", "text": "\"These kinds of questions can be rather tricky. I've struggled with this sort of thing in the past when I had income from a hobby, and I wanted to ensure that it was indeed \"\"hobby income\"\" and I didn't need to call it \"\"self-employment\"\". Here are a few resources from the IRS: There's a lot of overlap among these resources, of course. Here's the relevant portion of Publication 535, which I think is reasonable guidance on how the IRS looks at things: In determining whether you are carrying on an activity for profit, several factors are taken into account. No one factor alone is decisive. Among the factors to consider are whether: Most of the guidance looks to be centered around what one would need to do to convince the IRS that an activity actually is a business, because then one can deduct the \"\"business expenses\"\", even if that brings the total \"\"business income\"\" negative (and I'm guessing that's a fraud problem the IRS needs to deal with more often). There's not nearly as much about how to convince the IRS that an activity isn't a business and thus can be thrown into \"\"Other Income\"\" instead of needing to pay self-employment tax. Presumably the same principles should apply going either way, though. If after reading through the information they provide, you decide in good faith that your activity is really just \"\"Other income\"\" and not \"\"a business you're in on the side\"\", I would find it likely that the IRS would agree with you if they ever questioned you on it and you provided your reasoning, assuming your reasoning is reasonable. (Though it's always possible that reasonable people could end up disagreeing on some things even given the same set of facts.) Just keep good records about what you did and why, and don't get too panicked about it once you've done your due diligence. Just file based on all the information you know.\""}
{"_id": "547942", "title": "", "text": "Hi guys, I have a difficult university finance question that\u2019s really been stressing me out....  \u201cThe amount borrowed is $300 million and the term of the debt credit facility is six years from today  The facility requires minimum loan repayments of $9 million in each financial year except for the first year.  The nominal rate for this form of debt is 5%. This intestest rate is compounded monthly and is fixed from the date the facility was initiated.  Assume that a debt repayment of $10 million is payed on 31 August 2018 and $9million on April 30 2019. Following on monthly repayments of $9 million at the end of each month from May 31 2019 to June 30 2021.  Given this information determine the outstanding value of the debt credit facility on the maturity date.\u201d  Can anyone help me out with the answer? I\u2019ve been wracking my brain trying to decide if I treat it as a bond or a bill.  Thanks in advance,"}
{"_id": "547953", "title": "", "text": "Here are your options. While you remain an Australian citizen you cannot withdraw super just because you are residing overseas. You could renounce your citizenship - just make sure you have another one to fall back on."}
{"_id": "547975", "title": "", "text": "I've been hearing this shit since I was in business school. Amazon is where people go to buy stuff online. Walmart is where people go to get things in person. Sure, they're going to get some growth in online sales, but people still won't be going to Walmart.com over Amazon."}
{"_id": "547979", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/1008371/an-arab-thinker-invented-economic-theory-400-years-before-adam-smith-did/) reduced by 85%. (I'm a bot) ***** &gt; A recent article in evonomics highlights the overlooked work of 14th century North African scholar Ibn Khaldun, who outlined strikingly similar ideas to those of Adam Smith almost half a millennium earlier.  &gt; &amp;quot;His significant contributions to economics should place him in the history of economic thought as a major forerunner, if not the &amp;#039;father,&amp;#039; of economics, a title which has been given to Adam Smith, whose great works were published some three hundred and seventy years after Ibn Khaldun&amp;#039;s death,&amp;quot; writes Oweiss.  &gt; &amp;quot;Not only did Ibn Khaldun plant the germinating seeds of classical economics, whether in production, supply, or cost, but he also pioneered in consumption, demand, and utility, the cornerstones of modern economic theory.\"\"   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hvryt/an_arab_thinker_invented_economic_theory_400/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~146828 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Khaldun**^#1 **economic**^#2 **Smith**^#3 **idea**^#4 **labor**^#5\""}
{"_id": "547982", "title": "", "text": "\"**Japan Has Entered The Next Phase: Unlimited Money Printing**  Investors have been watching Japan for over a decade now, wondering what happens to a country that has a debt-to-GDP ratio of 234%--too big\u00a0to realistically pay off. We are starting to get the answer. For review, Japan was the first country in the modern central banking era to begin a policy of\u00a0quantitative easing--an unconventional form of monetary policy that is used when interest rates have already been lowered to the zero bound. Quantitative easing, which involves the purchase of \"\"printed\"\" money to buy government bonds, was widely viewed in Japan as a failure, but what most people don't understand about Japan's early QE experiments is that they were very small--less than $20 billion a month. It took Prime Minister Shinzo Abe, and BOJ Governor Haruhiko\u00a0Kuroda to ramp up asset purchases significantly in what was called \"\"Abenomics.\"\"     Shinzo Abe, Japan's prime minister. Photographer: Akio Kon/Bloomberg     The results of Abenomics have been mixed, but the stock market is certainly higher and the yen is certainly lower, although it's not clear that either of those two developments have really helped. Japan's stock market is mostly foreign-owned, and the weaker yen didn't materially help the balance of trade. Still, there are a lot of people who said that Japan's endless debt deflation would have been worse\u00a0without Abenomics, so it has remained firmly in place for five years.  Abenomics rapidly began to cause distortions, as accelerated asset purchases caused the Bank of Japan to hold a huge percentage of outstanding government bonds, at 40% and rising, as well as being the majority holder of index ETFs. Investors who traffic in JGBs have remarked that the market now functions very poorly, since so much of the market is held by the BOJ. It seems that will get worse, not better. Last year the BOJ implemented a policy of yield curve targeting (ostensibly to help the banks), keeping the overnight rate negative but targeting a 10 year rate at zero percent. The BOJ has been buying longer-dated bonds for years, but this was the first time it ever explicitly capped a rate at longer maturities. Some people wondered how committed the BOJ would be to maintain that cap in the event that JGBs were caught up in a global duration selloff, which we experienced in the last two weeks.  As 10-year JGB yields rose above 0.10% last week, the BOJ announced that it was prepared to buy an\u00a0unlimited amount of bonds to keep yields close to zero percent. As you can imagine, buying an unlimited amount of 10-year JGBs involves printing a theoretically unlimited amount of yen, so the yen weakened significantly on the news. \u00a0It still remains about ten percent stronger than it was in 2015. We are getting closer to the endgame for Japan. What happens if yields rise further? What happens if the yen depreciates significantly? How much could it depreciate? Could Japan have a currency crisis? What happens if the BOJ ends up owning the entire bond market? These are the questions that investors are asking, and nobody really knows the answers. We are in uncharted territory. I believe that a currency crisis isn't just possible--it's inevitable. And it probably happens at about the time that the BOJ owns all or nearly all of the JGB market, and has to resort to\u00a0canceling the debt. This sounds like a neat magic trick to make the debt go away, but the laws of economics are not to be conned. Anything is possible--a currency crash, a bond market crash--anything. This is the very definition of debt monetization that resulted in hyperinflation in places like Weimar Germany and Zimbabwe. Is Japan different? We shall see. We will find out soon, as Japan has taken a major step in that direction. \u00a0Jared Dillian is the\u00a0author of All the Evil of This World, and the editor of the 10th Man newsletter for Mauldin Economics. Subscribe here.  *Forbes articles have 8 tracking cookies and 9 tracking scripts. This comment has none.*(https://www.reddit.com/r/raws/comments/68xk37/about/)\""}
{"_id": "547984", "title": "", "text": "The buyer discloses the financing arrangements to the seller because it makes his offer more attractive. When a seller receives and accepts an offer, the deal does not usually close until 30 to 60 days later.  If the buyer cannot come up with the money by closing, the deal falls apart.  This is a risk for the seller. When a seller is considering whether or not to accept an offer, it is helpful to know the likelihood that the buyer can actually obtain the amount of cash in the offer by the closing date.  If the buyer can't acquire the funding, the offer isn't worth the paper it is printed on. The amount of the down payment vs. the amount of financing is also relevant to the seller.  Let me give you a real-world example that happened to me once when I was selling a house.  The buyer was doing a no-money-down mortgage and had no money for a down payment.  He was even borrowing the closing costs.  We accepted the offer, but when the bank did the appraisal, it was short of the purchase price.  For most home sales, this would not be a problem, as long as the appraisal was more than the amount borrowed.  But in this case, because the amount borrowed was more than the appraisal, the bank had a problem.  The deal was at risk, and in order to continue either the buyer had to find some money somewhere (which he couldn't), or we had to lower the price to save the deal.  Certainly, accepting the offer from a buyer with no cash to bring to the table was a risk. (In our case, we got lucky. We found some errors that were made in the appraisal, and got it redone.)"}
{"_id": "548014", "title": "", "text": "Unfortunately, this is a customer service issue. The bank has a set of term and conditions (Ts and Cs) which you received with the card or when you applied. It included your limit, and what happens when you go over, likely, a penalty for going over the limit. At the very least, they expect you to pay the overage or you'll see an over-limit charge next cycle too.  In the future, I'd suggest checking your account on line to monitor your balance. Some accounts offer an alert email, mine will let me set an alert for when my balance goes over $xxx, which is helpful, as I can send in an early payment to bring that balance down.  It still never hurts to ask. They might waive fees if any, if this is your first time. You can still try calling them, explain the odd timing, and see if you can get a temporary increase in credit line.  In the end, you need to review your finances. Carrying balances month to month at 12-18% is no way to have a successful financial future. It's one of the first things to getting your situation under control. After that, a small savings account, an emergency fund, is the next step. One month of charges should never put you in this bad situation."}
{"_id": "548032", "title": "", "text": "I'm just glad they flat out called it money printing... and it's not some tin foil site or an elaborate multiparagraph explanation as to how QE works. Yeah I know how they did it and know that it's not literal money printing but it *effectively* is."}
{"_id": "548035", "title": "", "text": "The only people who should know my online bank password are me & my spouse. Forget it, I won't share that sensitive information with any other company. I might as well give a blank check! Besides, don't banks require people to keep their username & password & PIN private? I signed an agreement to that effect, I think!  So even if I did find the online services compelling enough to try, I would want to check with my own bank first & ask them if it's OK to give my password to somebody else. I wonder what they would say to that!!"}
{"_id": "548067", "title": "", "text": "No, it means what it says. Prices change, hence price of the derivative can go down even if the price of the underlying doesn't change (e.g. theta decay in options)."}
{"_id": "548082", "title": "", "text": "\"&gt;'Consent' is socially created  No it isn't. I don't care what society you are in. If a girl says no to sex, and it is forced upon her, it is rape. I don't care what society says, that is rape.  There actually are preventions from leaving the state, I have to pay to get a passport. The state actually has to accept my passport. Another place in the world that I actually want to go to has to accept me, etc.  I can't just go willy nilly wherever I see fit.  And you can't walk into my house and set up camp because it is my private property. There are such things as natural rights not given by society or government. It is what makes it immoral for me to shoot you.  Unless you think that is up to society to.  I can't just say, \"\"I don't consent to you living\"\" and shoot you. You have the natural right to life.   However, if you want to play this game then fine.  You are born into a state that teaches you the way that \"\"society works.\"\"  Here are the only laws:   On your 18th birthday, everyone in society votes on whether we should kill you or not. It's fair because it is determine by democratic majority If you want to leave the country because you don't consent, you can only do so if you leave the day after your 18th birthday.  Oh that stinks. I guess you have to stay here and take it.  Besides, it isn't like you would want to go to the other states anyway. All of the other states take their votes earlier.  So as it looks, this is your best option, doesn't make it moral.   I don't want to leave the US, I think it is the closest place in the world to what I believe in. However, just because society deems it as moral/ethical means that it is. That is a whole new level of mental reification my friend\""}
{"_id": "548102", "title": "", "text": "WilliamKF explained it pretty well, but I want to put it in a more simplistic form:"}
{"_id": "548122", "title": "", "text": "\"I'm glad we could have a reasonable discussion without descending into insults and intransigence \u0ca0_\u0ca0  I don't know what \"\"problem got a LOT worse\"\" during Prohibition. Use went down while quality and violence worsened. It was a net social negative, but it did what its proponents intended.  Here's one way of understanding the \"\"developed\"\" world: there aren't large areas which are completely lawless.   I guess I'm just one of those sheeple who is concerned about hard drug abuse, and I don't equate them alcohol or even marijuana.\""}
{"_id": "548155", "title": "", "text": "\"Didnt know their union guys needed phones. I work military and we are \"\"always on\"\". Only time we got \"\"recalled\"\" was for DUI, test, or other admin. I have never been called in on my \"\"off\"\" day for a good reason..\""}
{"_id": "548177", "title": "", "text": "Jimmy Group \u0111\u01b0\u1ee3c s\u00e1ng l\u1eadp v\u00e0 ph\u00e1t tri\u1ec3n b\u1edfi Jimmy, l\u00e0 ng\u01b0\u1eddi Vi\u1ec7t, d\u00e2n t\u1ed9c Kinh, t\u00ean th\u1eadt l\u00e0 L\u00ea Kim Ng\u1ecdc, gi\u1edbi t\u00ednh Nam, \u0110i\u1ec7n tho\u1ea1i: 0989 6767 94 sau n\u00e0y \u0111\u1ed5i th\u00e0nh0 1992 111199, Skype: ngoc.lekim , Yahoo: lekimphuongminh , Facebook: https://www.facebook.com/fesinvestmentsolution \u2013 nh\u1eadt k\u00fd t\u01b0 v\u1ea5n c\u1ee7a JIMMY"}
{"_id": "548189", "title": "", "text": "... from asphalt to something like butane.   Now it all makes sense to me. With something like plastics, it's gonna be hard for us to abandon the oil industry. Cheap gonna be a good thing. Especially with Russias arrogance towards Ukraine, toppling them over to an 80s repeat would bring a smile to my face.   Except for our issues with greenhouse gas. Might as well be conveniently fucked."}
{"_id": "548211", "title": "", "text": "\"@jlowin's answer has a very good discussion of the types of PE ratio so I will just answer a very specific question from within your question: And who makes these estimates? Is it the market commentators or the company saying \"\"we'd expected to make this much\"\"? Future earnings estimates are made by professional analysts and analytical teams in the market based on a number of factors. If these analysts are within an investment company the investment company will use a frequently updated value of this estimate as the basis for their PE ratio. Some of these numbers for large or liquid firms may essentially be generated every time they want to look at the PE ratio, possibly many times a day. In my experience they take little notice of what the company says they expect to make as those are numbers that the board wants the market to see. Instead analysts use a mixture of economic data and forecasting, surveys of sentiment towards the company and its industry, and various related current events to build up an ongoing model of the company's finances. How sophisticated the model is is dependent upon how big the analytics team is and how much time resource they can devote to the company. For bigger firms with good investor relations teams and high liquidity or small, fast growing firms this can be a huge undertaking as they can see large rewards in putting the extra work in. The  At least one analytics team at a large investment bank that I worked closely with even went as far as sending analysts out onto the streets some days to \"\"get a feeling for\"\" some companies' and industries' growth potential. Each analytics team or analyst only seems to make public its estimates a few times a year in spite of their being calculated internally as an ongoing process. The reason why they do this is simple; this analysis is worth a lot to their trading teams, asset managers and paying clients than the PR of releasing the data. Although these projections are \"\"good at time of release\"\"  their value diminishes as time goes on, particularly if the firm launches new initiatives etc.. This is why weighting analyst forecasts based on this time variable makes for a better average. Most private individual investors use an average or time weighted average (on time since release) of these analyst estimates as the basis for their forward PE.\""}
{"_id": "548242", "title": "", "text": "&gt;&gt; Nothing Mr Obama has been able to accomplish since 2008 \u2013 including staving off a second Great Depression and pushing through an overhaul of the healthcare system \u2013 appears to have resolved that underlying structural challenge.  Wow this is a loaded sentence. So you really think the Obama/Bernanke team has actually *helped* the situation by bailing out the banks and printing trillions of dollars? I think a lot of people would take issue with that sentiment. I would also argue that Obamacare is not only immoral, but resolves none of the issues in American Healthcare and will only exacerbate them. It was just a huge handout to politically-connected healthcare companies, and a push towards total a government takeover and forced socialization of healthcare."}
{"_id": "548253", "title": "", "text": "First of all, I couldn't be happier that you, ultraspeedz, replied to my post. I always enjoy your comments.  I am long only. So should I be simply be buying ATM calls with my weights?  [Here's a PDF of my portfolio/excel workbook. I'm trying to lever this up.](https://dl.dropbox.com/u/23312903/4%20geo%20and%20semivariance.pdf)  Thank you.   edit: Also, I'm more than willing to hear and criticism about my model."}
{"_id": "548258", "title": "", "text": "I believe you may be missing the point here. It appears(and they don't really verify this) that before BofA took over the loan, the homeowners were not using an escrow account. I know this is possible because i had the option of using one or not when i bought my house. So it seems that once BofA took over they automatically created an escrow account and when the normal payments the homeowners were making didn't cover the total monthly balance, they took it out of the payment specifically for the mortgage.   So, according to THIS story, its not sensational bullshit. This would be the bank creating an issue. That is, according to the facts that are presented in the article, which may not be the whole story....  Edit- spelling &amp; grammar"}
{"_id": "548278", "title": "", "text": "\"There are several reasons. First, if you sell your stock \"\"at any price\"\", you may be selling it for less than you originally bought it for.  Thus you will take a loss right at the beginning of your scheme.  If you \"\"rinse and repeat\"\", the problem only gets worse.  Every time you sell your stock, you will have to sell it at an even lower price in order to lower the price even more.  Then you buy it back and. . . just resell it an even lower price?  It should be clear that you are not making any money this way. Second, even if you don't sell it at an absolute loss, you must sell it at a relative loss in order to lower the price.  In other words, if someone will currently buy your shares for $X, and you want to lower the price, you must sell them for less than $X.  But you could have made more money by selling them for $X, since someone was already willing to buy them at that price.  In order to bring the price down significantly, you have to sell the stock for less than people currently believe it is worth, which means you're incurring a loss relative to just selling it at the market rate.  Of course, you can still make money if it goes back up again, but selling it at an extra loss this way just makes it harder to break even. Third, if you sell the stock at $X, whoever you sold it to is not going to sell it right back to you at $X, because then they would not make any money.  You could in theory buy it from someone else, but the same principle holds: if the stock price has just gone down, people who have it may be waiting for it to go back up.  This is doubly true if anyone suspects you have been trying to manipulate the stock price, because they will then suspect that the price drop is artificial and it will soon go back up. Fourth, even if someone did sell it right back to you at the price you sold it for, then what?  You now hold the stock at a lower price, but you don't gain unless it goes back up.  If it wasn't going up before until you took action, there is no reason to suppose it will go back up now.  In fact, if you had enough shares to significantly influence the price, other people may have been fooled into thinking the value is actually lower now. The basic problem is that, in order for you to buy it at a low price, someone else has to sell it at that low price.  It is easy to sell someone a stock for less than it's worth, but it will be hard to get people to sell it back to you for less than it's worth.  If you engage in deceptive practices to get people to do this, you may be guilty of securities fraud.\""}
{"_id": "548279", "title": "", "text": "This is already happening with vaccines which arguable vastly improve the quality of life for the species. On one hand we have some people who want nothing to do with them, while on the other hand we have people demanding that everyone use them.  I suspect the same will be true of cybernetic arms someday."}
{"_id": "548291", "title": "", "text": "Wait. You started a company and contracted it with the company you currently work for? I don\u2019t know why but for some reason this sends up a legal red flag to me. I have no idea, but maybe double check that there isn\u2019t any violations in this arrangement... or just never tell them."}
{"_id": "548299", "title": "", "text": "\"Can I use the foreign earned income exclusion in my situation? Only partially, since the days you spent in the US should be excluded. You'll have to prorate your exclusion limit, and only apply it to the income earned while not in the US. If not, how should I go about this to avoid being doubly taxed for   2014? The amounts you cannot exclude are taxable in the US, and you can use a portion of your Norwegian tax to offset the US tax liability. Use form 1116 for that. Form 1116 with form 2555 on the same return will require some arithmetic exercises, but there are worksheets for that in the instructions. In addition, US-Norwegian treaty may come into play, so check that out. It may help you reduce the tax liability in the US or claim credit on the US taxes in Norway. It seems that Norway has a bilateral tax treaty with the US, that, if   I'm reading it correctly, seems to indicate that \"\"visiting researchers   to universities\"\" (which really seems like I would qualify as) should   not be taxed by either country for the duration of their stay. The relevant portion of the treaty is Article 16. Article 16(2)(b) allows you $5000 exemption for up to a year stay in the US for your salary from the Norwegian school. You will still be taxed in Norway. To claim the treaty benefit you need to attach form 8833 to your tax return, and deduct the appropriate amount on line 21 of your form 1040. However, since you're a US citizen, that article doesn't apply to you (See the \"\"savings clause\"\" in the Article 22). I didn't even give a thought to state taxes; those should only apply   to income sourced from the state I lived in, right (AKA $0)? I don't know what State you were in, so hard to say, but yes - the State you were in is the one to tax you. Note that the tax treaty between Norway and the US is between Norway and the Federal government, and doesn't apply to States. So the income you earned while in the US will be taxable by the State you were at, and you'll need to file a \"\"non-resident\"\" return there (if that State has income taxes - not all do).\""}
{"_id": "548300", "title": "", "text": "Wow! It wasn't the sexiest line of business, but between the margin on the kit plus the project finance the margins always seemed attractive at 20%+ after SG&amp;A.  Granted, they made a couple bad buys in the membrane space, but that sales team was godly. They'd get themselves written into the specs - voila, no legitimate competition when the RFP/tender hit the wire."}
{"_id": "548306", "title": "", "text": "When they opened a Teavana in the mall near where i live, I asked them what would a pound of loose leaf english breakfast tea cost me. I think, I was quoted 42 dollars. For a pound of loose leaf tea. I haven't been back since.  Wonder what went wrong ?"}
{"_id": "548319", "title": "", "text": "&gt;  there is literally no reason to conclude their prices would change proportionally to minimum wage.  So if I  as a producer know you have more money available and that you can now afford to pay more for my product and that you will pay more for my product I dont charge you more? Neat"}
{"_id": "548325", "title": "", "text": "My brother did it for a while, put in about $2700 and took out $2800 6 months later. He was on track to yield around 13% if he had let them stay there. He decided to liquidate that account and make an IRA with LendingClub.  So I'd say go for it."}
{"_id": "548329", "title": "", "text": "\"So you've already considered relocation. Here are a few additional things to consider with respect to negotiating a signing bonus (if any): Would you be leaving a position where you are eligible for an upcoming bonus, profit-share, or other special incentive payout, such as a stock option or RSU vesting date?  A signing bonus can help offset the opportunity cost of leaving a previous job when an incentive payout date is near. At the new company, would you be required to wait some pre-defined period to be eligible to participate in the pension or retirement savings plan with employer basic or matching contributions? If you were receiving ongoing employer contributions in your previous company's plan and would need to wait, say, six months before participating in the new company's plan, a signing bonus can offset lost employer contributions in the interim. Consider funding your own IRA in that time. Would you be required to give up something else of value to you that your previous employer was providing, such as an expensive laptop, that is not expected to otherwise be replaced by the new company? Whether they offer a signing bonus and how much you can expect to negotiate is based on a lot of factors and you'll need to \"\"play it by ear.\"\"  Remember what bonus means: \"\"A payment or gift added to what is usual or expected, in particular.\"\" Remember also that a signing bonus is a one time thing.  In general, it's more important to consider the overall ongoing compensation package \u2013 salary and incentive plans, vacation, retirement benefits, health benefits, etc. \u2013 and whether those meet your long-term needs.\""}
{"_id": "548331", "title": "", "text": "If your intentions are honorable and you intend to pay it back in full and with interest, doesn't matter where you borrow the money from. But as a rule,  family/friends and money don't mix."}
{"_id": "548340", "title": "", "text": "Another possibly significant issue, is that the number ten thousand is very important in the Japanese language.  In Japanese, you count in ones, tens, hundreds, thousands, ten thousands, BUT instead of a 'hundred thousand', you have ten ten thousands.  and then one hundred ten thousands, and then a thousand ten thousands.   The ten thousand yen note, equivalent roughly to the $100 bill, is the main base of Japanese currency.  If you go to the bank, for example, you will almost always take out your money in ten thousand yen notes.   Knowing a little about the language, i would say it would become quite strange and un-natural to suddenly start using a hundred as the main note value.  I doubt the Japanese people would ever even consider that, and my guess is the only people who are even put out by the large number of zeroes are foreigners who are used to dealing in dollars and cents."}
{"_id": "548363", "title": "", "text": "Firstly, comparing debt to GDP is comparing a stock to a flow, you're committing a transgression that is warned about in Econ 101.  Secondly, I appreciate your concern about the height of debt but it's really just a measure of the flow of capital. Debt is an investment too, and the headline debt number mixes government, corporate, and consumer debt which have very different attributes. In fact the holders of most government debt are normal citizens and pensioners. More concerning might be the levels of *consumer* debt, but (I would argue) that only becomes an issue if debt starts being issued fraudulently to people who shouldn't be receiving it, e.g. ahead of the mortgage crisis.   There may be nothing I can say to convince you otherwise, and I'm not saying that overleveraging *isn't* something to be concerned about, but I'm trying to remind you that the story is more complicated than you're letting on.  Finally, respectfully, please don't scaremonger about derivatives. The notional value is very high, but derivatives are a zero-sum market (unlike the stock market, e.g.), and in fact the majority of derivatives are for hedging and reducing risk. While it's certainly possible to use derivatives to leverage oneself, this really only happens with hedge fund-type operations, and even if the derivative market blew up I highly doubt it would affect average people very much.  TL;DR, If there's another crash in the next 5 years, I doubt it will be due to debt (outside of *perhaps* China, but I think that'd lead to more of a recession than a full blown 2008-esque crisis). It definitely will not be because of derivatives."}
{"_id": "548370", "title": "", "text": "I agree with the culture leading to the lack of creativity, but that has nothing to do with the language.  Before the current iteration of the Chinese government, the Chinese were some of the most inventive people in the world, the first to discover a ridiculously large number of technologies far before the Western world would even come close to that level of scientific advancement.  In addition, I personally believe that the poetry from the more classical eras of Chinese history is mind-blowingly beautiful, in all regards equal to any Western literature you compare it to.  Instead, I think the reason that the current Asian cultures have the tendency to cultivate a copycat mentality has to do with the time period when China and the surrounding countries fell behind technologically (for China this was due to them shutting out immigrants and trade altogether, I'm not as well read on the other countries' histories).  When they realized that they were completely helpless against the now gunpowder friendly (and later industrialized) West, there came a massive movement to adopt the technology.  And because of this 1-2 generation single-minded focus on adopting others' creations, China is now a superpower, Korea and Japan (and to a degree Taiwan) are competitive tech superpowers in the world, and we even saw one of these countries become a threat internationally that had to be shut down with nuclear armament.  The cost is that for a few generations, there was no intent to create anything new, only to catch up.  And I think what we see now is a follow-through of that mentality, though I like to think that that is changing."}
{"_id": "548388", "title": "", "text": "\"Ahh, two things:  * You're an SME, therefore you are much more a small team than a big business - once things get over about 20-30 people it goes through a phase transition.  * \"\"I run a business that employs\"\" - and you are on the other side of the fence from the workers and have a different, more rosy tinted perspective on the whole employment thing. They almost certainly think its more 'us and them' than you do.  In the end, 'employment' rather than 'partnership' is always more about the money first than it is about the camaraderie.\""}
{"_id": "548401", "title": "", "text": "Taxing citizens on global income caused by tax inversion, not the cause of tax inversion.  If yourwebsite.com makes $1mil, and you pay yourwebsite.ca $1m for rights to the name, that's inversion.  Your company, and you, as the owner, have $1m income in Canada.  All of which came from US revenue.  I'm not saying the tax system is great or anything.  There just seems to be a miss understanding."}
{"_id": "548414", "title": "", "text": "It's nothing new in the US as well, but now it's Amazon so it's way different for some reason.  Amazon Prime Now has terrible selection for groceries, so hopefully it's changing with the buyout of Whole Foods.  I actually did an order last night because I needed some eggs and other items.  They didn't have regular eggs, only egg whites in a container.  And they never have any real meat for sale, only processed food and a limited election of fresh produce."}
{"_id": "548420", "title": "", "text": "\"&gt;The Chevy Bolt has a 50% larger battery for practically the same price.  As far as I can tell, the Chevy Bolt has a 60kWh battery and 238 mile advertised range, and it's base price is more expensive than the Tesla Model 3. Further, no other \"\"available\"\" electric vehicle has a 200+ mile range. BMW i3 has max 114 miles on a charge, Fiat 500e is 87 miles, VW eGolf with range extender 125mi.   Further, nobody else is offering an \"\"affordable\"\" EV with that range AND self-driving capability.\""}
{"_id": "548433", "title": "", "text": "Then the USA can respond by pulling troops out of these countries and NATO. Think of all the carbon we will save not sending all those planes and tanks and people in other countries. They can spend some of their budgets on protection then, maybe the French can make a green Jet to defend their country."}
{"_id": "548465", "title": "", "text": "It isn't EFT, but you might mention to your tenant, that many banks offer a Bill Pay service (example) where the bank will automatically mail a check to the right person for you. I have my rent setup this way.  My bank will send a rent check directly to my landlord 5 days before it is due."}
{"_id": "548467", "title": "", "text": "\"1000 (\u00a3/$/\u20ac) is also not a lot to start with.  Assuming you want to buy stocks or ETFs you will be paying fees on both ends.  Even with online brokerages you are looking at 7.95 (\u00a3/$/\u20ac) a trade.  That of course translates to a min of .795% x 2 = 1.59% increase in value you would need just to break even already. There is a way around some of this as a lot of the brokerages do not charge fees for their ETFs or their affiliated ones. However, I would try to hold out till at least $5000 before investing in assets such as stocks.  In the meantime there are many great books out there to \"\"invest in knowledge\"\".\""}
{"_id": "548507", "title": "", "text": "\"&gt; Yes it does and I know it very very well.   Are YOU Trump? Jesus Christ, you're seriously trying to argue with me over HOW FUCKING TAXES WORK??? Care to explain what \"\"Prime the pump\"\" means next, since I'm sure you think you invented it?  What kind of idiot goes into an economics subreddit and bullshits about how taxes work, as if everyone here doesn't know you're full of shit? It's clear that you're just a trolling fucking moron at this point. Jesus, man. You really should learn to just shut your fucking mouth if you don't know what you're talking about. You could not be coming off more stupid right now, man.\""}
{"_id": "548508", "title": "", "text": "Well, learn SQL if you want - certainly a good skill to have, but generally there are tools in applications like SAP to help you get at the data you need.  There are people who exclusively program in SQL full-time, so I wouldn't worry too much about demonstrating that - Excel is probably much more useful, and perhaps presentation skill.  Still, if you aren't getting calls back, consider making a better resume and do follow-up calls with every application."}
{"_id": "548537", "title": "", "text": "I don't even care if you have a degree in sociology, you should still have become a much better critical thinker than you otherwise would have been and should still be able to work your way up (over time) to a good salary, all the while being able to make better decisions in your every day life.   College pays for itself in many more ways than just your job."}
{"_id": "548542", "title": "", "text": "\"Coins are assets because its the actual money. Notes are liabilities because the Federal Reserve is obligated to pay money on these notes. Basically a Federal Reserve $1 note in your pocket is an \"\"I OWE YOU\"\" from the Federal Reserve, not money. While a $1 Susan B is not a \"\"I OWE YOU\"\" but the actual $1 worth of currency. Coins are minted by the US Government, the only authority to mint coins and create physical currency in the US. Federal Reserve doesn't mint coins, and doesn't create physical currency in the strict sense. It only prints its own obligations that are accepted as legal tender on par with coins. Printing more of the obligations doesn't create more money, as opposed to what many people are thinking and saying. It only creates more liability for the Federal Reserve. The Fed covers this liabilities with the US Treasury bonds, which it can use to cover its debts, and thus the Fed notes are covered by the US government indirectly. Coins are no longer made of precious metals since the 1960's. Last circulating coin made of silver was the 1969 50 cents coin (40% silver). All the rest of the denominations stopped being made of silver after 1964. Since then precious metals are only used for collectibles and bulions.\""}
{"_id": "548557", "title": "", "text": "He has my bank account info, and I just want to know where I stand legally. Legally you can't keep the money. It would either go back to the originator or to Government unclaimed department. I got a bunch of missed calls from an unknown number and a really unprofessional email from a guy who supposedly worked for UNICEF saying I had 4 hours until I am suppose to be visited by police and that there was nowhere I could run to. These are common tactics employed to ensure you take some action and transfer the real money somewhere. Do not succumb to such tactics.  The money is still in my account I have not touched it. Advise your Bank immediately that there is this deposit into your account that is not your's. Let the bank take appropriate action. Do not authorize Bank to debit your account. The max you can do is authorize the bank to reverse this transaction. The best is stick to statement that said transaction is not yours and Bank is free to do what is right.  There is a small difference and very important. If you authorize bank to debit, you have initiated a payment. So if the original payment were revered by originator bank, you are left short of money. However if your instructions are very clear, that this specific transaction can be reversed, you cannot be additionally debited if this transaction is reversed.  He has my bank account info, Depending on how easy / difficult, my suggestion would be monitor this account closely, best is if you can close it out and open a new one."}
{"_id": "548566", "title": "", "text": "\"Good save, love how you're walking back toward the positions I've taken previously, but you said you would not consider someone with a music or communications undergrad degree for a security position, full stop. Diversity hire? Nice person? Stop putting words in my mouth because I said no such thing.  And stop putting words in my mouth about what I think of HR; their role is to hire the best talent and protect the company, not to protect employees, and if you read back, you'll see I already said that.  \"\"Not long in the corporate world\"\" lol okay believe what you like.\""}
{"_id": "548596", "title": "", "text": "For months prior to going public a company has to file financial documents with the SEC. These are available to the public at www.sec.gov on their Edgar database. For instance, Eagleline is listed as potentially IPOing next week. You can find out all the details of any IPO including correspondence between the company and the SEC on Edgar. Here's the link for Eagleline (disclaimer, I have not investigated this company. It is an example only)  https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001675776&owner=exclude&count=40 The most important, complex, and thorough document is the initial registration statement, usually an S-1, and subsequent amendments that occur as a result of new information or SEC questions. You can often get insight into a new public company by looking at the changes that have occurred in amendments since their initial filings. I highly advise people starting out to first look at the filings of companies they work for or know the industry intimately. This will help you to better understand the filings from companies you may not be so familiar with.  A word of caution. Markets and company filings are followed by very large numbers of smart people experienced in each business area so don't assume there is fast and easy money to be made. Still, you will be a bit ahead if you learn to read and understand the filings public companies are required to make."}
{"_id": "548598", "title": "", "text": "Article is right about Boeing hypocrisy and the fall out.   What the author got wrong is that this is not necessarily about overall sales or competition against the 320/737 line but the fact that Boeing walked away from the size category and has nothing to compete in a segment that is growing.    Edit: I'd like to add, what's so unusual is  Boeing dosen't even sell a plane in the CS niche so they can't argue it's robbing sales."}
{"_id": "548604", "title": "", "text": "Except customers were already sold before these designs apparently materialized.  That's what China does, shows off a prototype and then changes materials and build.   Also, we're not talking about a car, albeit uber expensive, like Rolls Royce, we're talking about an airplane that costs hundreds of millions of dollars that needs to work within very small tolerances over thousands upon thousands of operating hours. Any school child can see the dangers in outsourcing too much of that."}
{"_id": "548619", "title": "", "text": "\"Not sure why the downvote - seems like a fair question to me. Who owns a house and in what proportions can be totally separate from who is named on the mortgage.  There are two ways to do this - one way would be for you loan them the money  first under a separate contract, which you should have a solicitor draw up; then they buy the house themselves. The contract would state the terms for repayment of the loan, which could be e.g. no repayment due until the sale of the house at which point the original amount is returned plus interest equivalent to the growth in value of the house between purchase and sale (or whatever). You'd need to be clear about what happened if the house lost value or they ended up in a negative equity situation. The other option is where you are directly a party to the purchase of the house and are named as part owners on the deeds. Again the solicitor who is handling the house purchase for them would help with the paperwork. In either case you would need to clear this arrangement with the mortgage company to make sure they were OK with it.  To answer your specific questions in order: - Yes, they would still be eligible for the Help To Buy ISAs (assuming that is what you are referring to) even though you would not be - I'm not sure what \"\"penalty\"\" you are referring to. You'd have to pay tax on any income or capital gain you made from the deal. - No-one can say whether this is a good deal for you without knowing a great deal more about your individual circumstances (and even then, any such advice you would get on here is worth as much as you pay for it.... if in doubt, consult an IFA.)\""}
{"_id": "548626", "title": "", "text": "Does the one giving the gift have a spouse? My wife and I can gift up to $26,000 per individual by combining our gift amounts. If the recipient has a spouse, it doubles again, so long as we write the check to that spouse.  Other than that, you make a loan and then forgive up to $13,000 in interest and principal each year until the loan is paid off."}
{"_id": "548635", "title": "", "text": "Thank for the response, honestly I appreciate the well thought out reply but I don't see how this necessarily can be attributed to our discussion. Biases or ignorance held by a successful race doesn't mean they aren't successful, and the fact he hasn't or at least you aren't aware that he or others have studied the same in other races and/or third world nations would just add to the point that it doesn't contradict that one race can be (although certainly flawed) superior than another."}
{"_id": "548649", "title": "", "text": "It seems like there are  a few different things going on here because there are multiple parties involved with different interests. The car loan almost surely has the car itself as collateral, so, if you stop paying, the bank can claim the car to cover their costs.  Since your car is now totaled, however, that collateral is essentially gone and your loan is probably effectively dead already.  The bank isn't going let you keep the money against a totaled car.  I suspect this is what the adjuster meant when he said you cannot keep the car because of the loan. The insurance company sounds like they're going to pay the claim, but once they pay on a totaled car, they own it.  They have some plan for how they recover partial costs from the wreck.  That may or may not allow you (or anyone else) to buy it from them.  For example, they might have some bulk sale deal with a salvage company that doesn't allow them to sell back to you, they may have liability issues with selling a wrecked car, etc.  Whatever is going on here should be separate from your loan and related to the business model of your insurance company.  If you do have an option to buy the car back, it will almost surely be viewed as a new purchase by the insurances company and your lender, as if you bought a different car in similar condition."}
{"_id": "548662", "title": "", "text": "\"There are some tedious parts for sure - often times people hear \"\"Finance\"\" and think invoices, accounting, etc., but I would say it's less that 10% of my role. I do handle the budgeting process - what I have enjoyed about that is that it offers a window into the strategy of the firm, and whether they are making investments in areas that align with their strategic objectives.   This is another good question to ask as you get to know different teams - does the FP&amp;A/Finance group have a seat at the table in strategic discussions. In any corp fin function, I think you will find that the more finance is valued as a partner to the business, the more interesting your work will be.\""}
{"_id": "548666", "title": "", "text": "Bookstores don't need their own warehouses to do that. They just order it from the big suppliers. I can order any book I want to be delivered to the next bookstore, and it will be there the next day at the latest, sometimes even within hours."}
{"_id": "548669", "title": "", "text": "\"&gt;UKIP's Roger Helmer said: \"\"By all means let's make pathetic under-powered vacuum cleaners for export to the EU. \"\"But we must retain the right to make and use sensible full-powered appliances in the UK. This shows why we must not agree to be bound by EU rules after Brexit.\"\"   Finally, someone makes a sensible favorable argument for Brexit.\""}
{"_id": "548673", "title": "", "text": "\"I have heard that investing more money into an investment which has   gone down is generally a bad idea*. \"\"Throwing good money after bad\"\" so   to speak. Is investing more money into a stock, you already have a stake in,   which has gone up in price; a good idea? Other things being equal, deciding whether to buy more stocks or shares in a company you're already invested in should be made in the same way you would evaluate any investment decision and -- broadly speaking -- should not be influenced by whether an existing holding has gone up or down in value. For instance, given the current price of the stock, prevailing market conditions, and knowledge about the company, if you think there is a reasonable chance that the price will rise in the time-period you are interested in, then you may want to buy (more) stock. If you think there is a reasonable chance the price will fall, then you probably won't want to buy (more) stock. Note: it may be that the past performance of a company is factored into your decision to buy (e.g was a recent downturn merely a \"\"blip\"\", and long-term prospects remain good; or have recent steady rises exhausted the potential for growth for the time being). And while this past performance will have played a part in whether any existing holding went up or down in value, it should only be the past performance -- not whether or not you've gained or lost money -- that affects the new decision. For instance: let us suppose (for reasons that seemed valid at the time) you bought your original holding at \u00a310/share, the price has dropped to \u00a32/share, but you (now) believe both prices were/are \"\"wrong\"\" and that the \"\"true price\"\" should be around \u00a35/share. If you feel there is a good chance of this being achieved then buying shares at \u00a32, anticipating they'll rally to \u00a35, may be sound. But you should be doing this because you think the price will rise to \u00a35, and not because it will offset the loses in your original holding. (You may also want to take stock and evaluate why you thought it a good idea to buy at \u00a310... if you were overly optimistic then, you should probably be asking yourself whether your current decisions (in this or any share) are \"\"sound\"\"). There is one area where an existing holding does come into play: as both jamesqf and Victor rightly point out, keeping a \"\"balanced\"\" portfolio -- without putting \"\"all your eggs in one basket\"\" -- is generally sound advice. So when considering the purchase of additional stock in a company you are already invested in, remember to look at the combined total (old and new) when evaluating how the (potential) purchase will affect your overall portfolio.\""}
{"_id": "548676", "title": "", "text": "I think the primary reason it is so pricey now is that it is an inflation hedge, and considering how shaky the economies and out of control the spending is in many countries right now, people are running to it as a safe harbor. The increased demand raises the price as it does with any asset.  This brings us to the titular question. Why does gold have value? The same reason anything has value. There is someone out there who wants it enough to trade something else of value to get it.  It is in the news so much because it is so high right now, which unfortunately is going to cause a lot of people to foolishly invest in it at likely the worst possible time."}
{"_id": "548681", "title": "", "text": "If your old bank has online billpay, you might be able to either use that to send a check to yourself, or do an ACH transfer directly into your new account."}
{"_id": "548682", "title": "", "text": "Purchasing commodities (whose prices are increasing rapidly), improving corporate profitability, buying imports (the US dollar is weaker than it was, so the price of everything imported has gone up), paying down corporate debt, etc."}
{"_id": "548688", "title": "", "text": "Well, yes -- you've implicitly made many assumptions (such as that the embedded option has longer maturity). The important thing to consider is when this option pays out; the premium will obviously be adjusted.  For a concrete example, consider an equity option-on-an-option. The outer option has strike 110, the inner option has strike 100 (spot = forward = 100). Then the inner strike pays out when spot_T &gt; 100, but the outer option has zero value there; the overall option only pays out if spot_T &gt; 110, reducing the structure to a call option with strike 110."}
{"_id": "548699", "title": "", "text": "Maybe not work a shitty fast food as a career? I'm never going to understand how people become complacent with these jobs and expect more for doing the same shit day in day out. Fuck your raise, maybe if these retarded strikers studied economics they would understand why raising wages for basic jobs raises cost of living."}
{"_id": "548705", "title": "", "text": "This investment strategy may have tax advantages. In some countries, income received from dividends is taxed as income, whereas profits on share trades are capital gains. If you have already exceeded your tax-free income limit for the year, but not your capital gains tax allowance, it may be preferable to make a dealing profit rather than an investment income. These arrangements are called a bed-and-breakfast."}
{"_id": "548718", "title": "", "text": "If you are using an Excel, the Function PV should be able to easily calculate this. Excel Formulae PV = (Rate,Nper,Pmt,Fv,Type)   Where Rate: Rate of return. In this case you can use Inflation or assumed rate that would cost you. Say 3-5%. Note the Rate has to be for Nper. i.e. in Nper if you are counting yearly payments, then rate is yearly, if you are counting as monthly, then the rate should be monthly.   NPer: Number of periods. If yearly in your case it would be 20. If Monthly 20*12, if Quarterly 20*4 etc.   Pmt: Expected Payments for Nper. If you are saying 20 million over 20 years, it would be 1 million per year. Fv and Type can be blank So assuming a rate of 3%, and yearly payments of 1 million over 20 years. PV = $14,877,474.86 [It would show negative, just ignore the sign]"}
{"_id": "548740", "title": "", "text": "Real world case: IRS:  You owe us $x.  You didn't report your income from job y. My mother:  I didn't work for y.  I don't even know who y is. IRS:  If the W-2 is wrong, talk to them to get it fixed. My mother:  I can't find y.  Please give me an address or phone. IRS:  We can't.  You talk to them and get it fixed. I know this dragged on for more than a year, they never mentioned the final outcome and they're gone now so I can't ask."}
{"_id": "548758", "title": "", "text": "Investing it in what? Unless you're putting it into an account that lets you avoid taxes on the income, your $100k becomes about $74k after federal income taxes. If you take $50k of that and invest it, you're now at $24k. You're living a very barebones life at that point."}
{"_id": "548784", "title": "", "text": "I would not be concerned about the impact to your credit rating.  You already have an excellent credit score, and the temporary change to your utilization will have minimal impact to your score. If you really need to make this $2500 purchase and you have the money in the bank to pay for it, I would not recommend borrowing this money.  Only put it on the credit card if you plan on paying it off in full without paying interest. Let me ask you this: Why do you want to keep this $2500 in the bank?  It certainly isn't earning you anything significant.  My guess is that you'd like to keep it there for an emergency.  Well, is this $2500 purchase an emergency?  If it is necessary, then spend the money.  If not, then save up the money until you have enough to make the purchase.  It doesn't make sense to keep money for an emergency in the bank, but then when one comes up, to leave the money in the bank and pay interest on your emergency purchase. If you make this emergency purchase and another emergency comes up, you can always (if necessary) borrow the money at that time.  It doesn't make sense to borrow money before you need it. That having been said, I would encourage you to build up your emergency fund so that you have enough money in there to handle things like this without completely depleting your savings account.  3 to 6 months of expenses is the general recommendation for your emergency fund.  Then if something unplanned comes up, you'll have the money in the bank without having to borrow and pay interest."}
{"_id": "548830", "title": "", "text": "The Oligarchy does not like small business owners.  The successful ones challenge their monopolies.  They don't dislike the working class as long as they keep refusing to demand living wages. Living wages cut into not only *their* profits, but it depresses the yacht industry.  Who wants to pay taxes when you have so much income and wealth when you can leave that to the rest of us?"}
{"_id": "548836", "title": "", "text": "\"The public doesn't really need to \"\"notice\"\" for inflation to take effect.  Inflation happens there's more money relative to things to buy.  Most people think that if say we increase the money supply by 2x, everything should get more expensive.  But it matters \"\"where\"\" the increase in money supply is and to \"\"whom\"\" is receiving it.   For example, the liquid money supply for US$ increased almost 4 times from 2009 to 2017 via quantitative easing, where the central bank purchased not just short term treasuries, but also longer term bonds.    You would think that having 4x the amount of US$ circulating would lead to a lot of inflation on consumer prices.  For every $1 that was floating around in 2009, we now have $4, so people should be willing to pay more for a given good, increasing its price.   However, the \"\"new\"\" money has been primarily used to purchase assets, and drive up their prices.  It has not really found its way to into worker pay (or to the general public), as median income for workers has stayed relatively flat in that time frame.   So it can be argued that the \"\"asset\"\" markets are feeling the effects of \"\"inflation\"\" from the increased money supply.  Where real estate prices, public stock prices, venture capital investments, etc. have all seen a large increase in their costs to acquire relative to the same asset and opportunity.   These assets are acting like a \"\"sponge\"\" for the \"\"new money\"\" that prevents the effects of its inflationary properties from exiting out into the consumer economy.   That is also why central banks across the globe are in a predicament in how to \"\"stop\"\" quantitative easing.  If they were to shrink the money supply, the inflationary pressures on assets would go down because there's not enough new money to keep raising their prices.  Doing it the wrong way would cause housing, stocks, and investment markets to stop growing, because there wouldn't be as much \"\"new money\"\" creating demand for those assets.   The best way I can illustrate this is with an example:  Say you have an economy that consists of an \"\"Orange Tree\"\" that produces 10 oranges per year.  There are 10 people in this economy that each want 1 orange per year.  And there is a circulating money supply of $10.   The owner of the Orange Tree hires all 10 people to pick 1 orange for him, and pays them $1 to pick.   In this scenario, each person picks 1 orange and gives it to the owner.  They then receive $1.  They then turn around and purchase one of the oranges from the owner of the tree.  Because demand is 10 oranges, and supply is 10 oranges, and the money supply is $10, each orange is priced at $1 and everyone is happy.   Now let's say the central bank \"\"prints\"\" $100 more dollars.  If the central bank gave it to the \"\"people\"\" evenly, each person would end up with $11.  Now we have 10 people that want 10 oranges and each have $11.  So, the price for the oranges would \"\"inflate\"\" to $11 per orange.   Now let's say instead of giving the extra $100 to the \"\"people,\"\" the central bank instead gives it to the \"\"orange tree owner.\"\"  The owner can still pick his 10 oranges with the 10 people (the labor force), and can still charge $1 per orange.  As long as oranges are still $1, he doesn't really need to increase the \"\"wages\"\" of the orange pickers.  So, instead, he invests the $50 into building a bigger house for himself, and then puts the remaining $50 into developing an \"\"orange picking machine.\"\"  The supply of oranges is the same, the demand for oranges is the same, and the supply of money that demands oranges is the same, so each orange will continue to be priced at $1.  In this scenario, the supply of money increased by 10x, but the prices of oranges did not inflate.  This is because the new money went into assets, not consumer demand.   Now play this scenario forward a few years.  The orange tree owner now has a machine that picks oranges, so he stops hiring people to pick oranges.  Now he has a new house and all the oranges he can eat.    Now let's say this economy was replicated 100 times, but here are only 20 houses.  So there are 100 \"\"orange tree owners\"\" and 1,000 people that get paid to pick oranges and are willing to pay to consume oranges.   The central bank hands $100 to each of the 100 orange tree owners.  In this case, some of the Orange Tree owners will bid up the price of the houses from $50 to $100.  The other Orange Tree Owners may invest in bigger and better \"\"Orange Tree Picking\"\" machines.  That automation will lower the cost to pick oranges, and increase profits if prices stay the same.  Eventually, those owners will be able to bid more than $100 for one of the 20 houses.   As this plays out, the price of a house will continue to increase until all orange picking is automated, but no one can afford oranges because they are not needed to pick them anymore.   This is a simplified version of what's basically happening on a global scale.\""}
{"_id": "548841", "title": "", "text": "Good move by Amazon. As it is now I go to Costco to fill any pricey prescriptions. For example , a tier 3 medicine will cost me 30% co-pay up to $120 but no less than $60 for a 30 day supply. I went to Walgreens and they were charging my insurance $800 and thus I had to pay $120. Same exact medicine at Costco cost my insurance $260 and I paid $60. Same exact medicine, same dosage , same strength. The markup on meds is nuts."}
{"_id": "548848", "title": "", "text": "Sounds great, but what happens in practice is that the town loses money out the wazoo by 1) failing to levy taxes on the primary attraction, 2) capture peripheral expenditures by visitors, 3) having to support increased traffic, or worse, throw bonds at infrastructure that never gets used, 4) flat-out corruption, 5) foolish promotions.  Nobody wants to hire losers from depressed communities, particularly black ones, anyway; the good jobs go to imported or commuter talent, if any jobs materialize at all.  Offer value to the world, and the world will return value.  Instead, these communities whore their cheapness.  Well guess what, you don't see too many cheap whores getting rich, do you."}
{"_id": "548860", "title": "", "text": "I feel there are two types of answer: One: the financial. Suck all the emotion out of the situation, and treat the two individuals as individuals. If that works for the two of you, fantastic. Two: the philosophical. You're married, it's a union, so unify the funds. If that works for you, fantastic. Personally, my partner and I do the latter. The idea of separate pots and separate accounts and one mixed fund etc makes no sense to us. But that's us. The first step for you in deciding on an approach is to know yourselves as people - and everything else will follow."}
{"_id": "548870", "title": "", "text": "This becomes a problem of infinite regression.  A person is *lucky* if they have non-abusive parents. A person is *lucky* if they don't get into a car accident at 17. A person is *lucky* if they are born in the United States versus the third world.  A person is *lucky* to be born in the 21st century versus the 8th century. A person is *lucky* to exist at all.  Luck is undoubtedly an important factor in success. It has to be. But how are we interpreting luck? Is luck just another word for things beyond our individual control? Just for complete randomness? I don't think anyone would argue that luck isn't important.  However, we can't have that mean that people who succeed don't deserve their success. One person might start a cupcake bakery and be extremely successful. Another person might work just as hard at their bakery and fail. The former person could have had a better location, better name, better advertising - hell they could just be a better baker period.  The point is that as long as that success is earned through individuals rewarding your value - there should be no problem with *luck* being a factor. The only time luck should be an issue is when a person is *lucky* to know the right political connections so they earn their income through political opportunism rather than market forces. The randomness of luck is actually what makes it fair - nobody truly controls it. It emerges based on the actual wants and actions of other individuals either buying your products, patronizing your store, or paying your wages."}
{"_id": "548872", "title": "", "text": "They were able, but unwilling to do so at the price they had originally agreed on. While that is still not a good sign by any means, and the airline might have a case against Santander, your title makes it sound as if the bank did not have enough funds to fund even a small Norwegian airlines purchase."}
{"_id": "548877", "title": "", "text": "\"I would strongly recommend the following: How to Win Friends &amp; Influence People, 10x Rule, Built to Last, Good To Great, &amp; The Innovators Dilemma  How to Win Friends &amp; Influence People completely reshaped how I approach interactions with people both in &amp; out of the work place - its worth picking up your own copy so you can refresh yourself every now &amp; then.   The Innovators Dilemma by Clayton Christensen is one of those classic MBA starter kit books about product ideation &amp; distruptive technologies in the market.   10x Rule is a solid \"\"beat your chest &amp; take on the world\"\" type of self improvement books. I'd suggest the audio book as the guy's energy is quite compelling.   Built To Last &amp; Good To Great are all about organizational leadership &amp; are just all around great books if you're into team building.   I'd also suggest googling \"\"Pragmatic Marketing\"\" &amp; picking up whatever they're plugging as the next latest &amp; greatest book on product leadership. It's very much geared towards SaaS product management &amp; agile development but there's good lessons to be learned for all professions. Also a Random Walk Down Wall Street is a go-to as well as pretty much anything by Warren Buffet.\""}
{"_id": "548886", "title": "", "text": "You overestimate the ease with which userbases will change over. This isn't MySpace, which had a bunch of uppity tweens and bands running around on it. Facebook has a billion users, and many of those users rely heavily on it to maintain contact with their friends and family. Short of a massive pissoff of their userbase, I don't see this site dying anytime in the next couple of decades."}
{"_id": "548891", "title": "", "text": "Who cares about that. It doesn't wipe out there million dollar salaries that management took home in 2013.  Welcome to wall st homie. That 17 billion is half going to attorneys and half going to whatever the govt wastes money on."}
{"_id": "548926", "title": "", "text": "I made the mistake going into business with a friend. I lost the business, a lot of money and that friend.  If you do it anyway, be prepared to lose it all, or set it up as one being the other's boss."}
{"_id": "548931", "title": "", "text": "I thought that for a while, but then i actually got it with a groupon. Once in there, I liked it, especially since we were going through a move. Because people pay to get in, the reviews are a little better actually. I was pleased.  For a company that does work on houses/etc., such as plumbing, it is a necessity to establish a positive presence there."}
{"_id": "548938", "title": "", "text": "That makes sense but, given that, should I - at least for now - abstain from putting money into a system that is being so abused? Any money I put into my current mutual funds is going to support banks and the energy sector."}
{"_id": "548943", "title": "", "text": "Not playing victim, just stating that when the cards are so stacked against you and when all jobs available to you are not paying a living wage so you have to work several jobs to just make ends meet, you have limited control over what you can do with your time to then improve the situation.  And sure people can overcome, but why let it be so difficult to do so?"}
{"_id": "548952", "title": "", "text": "why bother trolling? This is obviously a site for sharing information, it makes sense to generally share information. I have subscriptions of a few news papers and magazines, but certainly not every one of them on the internet. I am sure many Redditors have subscriptions to the content they like, but again certainly not all of them."}
{"_id": "548967", "title": "", "text": "US bond traders have begun a new trading day looking at higher prices for Treasury paper while Wall Street is set to open lower. The mood swing comes as the head of China\u2019s central bank has summoned the spectre of a Minsky Moment. Hyman Minsky is a economist famed for his theory about the risk of a sudden collapse in asset prices triggered by excessive debt or credit growth. The recent surge in global equity and credit markets has been accompanied by a number of strategists warning of a Minsky scenario and that chorus has elevated in tone by Zhou Xiaochuan, the PBOC governor.  He reportedly expressed concern that corporate and household debt are rising too quickly and said China need to defend itself from excessive optimism that could lead to a \u201cMinsky Moment\u2019\u2019.  Stocks in Hong Kong closed down 1.9 per cent, its biggest fall in two months, led by property companies, while havens such as US government bonds gained. The 10-year Treasury note yield has dipped to 2.31 per cent, while gold has rebounded from early losses to rise 0.4 per cent. The yen, another haven barometer has appreciated 0.4 per cent in value versus the dollar. S&amp;P equity futures are now down 0.4 after the broad market closed at a record on Wednesday.  Ian Lyngen at BMO Capital Markets notes:  We\u2019d be remiss in our assessment of the recent bid if we didn\u2019t acknowledge that the initial downtrade in risk assets followed comments from PBOC governor Zhou citing the risk of a \u201cMinsky Moment\u201d for Chinese assets. This is the notion that exhausted gains in asset prices and credit growth lead to significant market collapses \u2013 also known as The Pessimists\u2019 Delight. As today marks the 30th anniversary of the day that the Dow had its largest single-day selloff in history and Wednesday\u2019s close above 23,000 set a new record of the index, Zhou\u2019s comments seem very appropriately timed."}
{"_id": "548970", "title": "", "text": "There is less liquidity because they are less volatile. Option traders aren't exactly risk averse (read: are degenerate gamblers) and the other market participants that use options don't have much use for deep in the money options. Also, just trade more liquid assets and equities if you want liquid options. At-the-money options, and at-the-money options strategies have hundreds and thousand percent payoffs on relatively mundane price changes in the underlying asset."}
{"_id": "548971", "title": "", "text": "Mortgage rates generally consist of two factors: The risk premium is relatively constant for a particular individual / house combination, so most of the changes in your mortgage rate will be associated with changes in the price of money in the world economy at large. Interest rates in the overall economy are usually tied to an interest rate called the Federal Funds rate. The Federal Reserve manipulates the federal funds rate by buying and/or selling bonds until the rate is something they like. So you can usually expect your interest rate to rise or fall depending on the policies of the Federal Reserve. You can predict this in a couple of ways: The way they have described their plans recently indicates that will keep interest rates low for an extended period of time - probably through 2014 or so - and they hope to keep inflation around 2%. Unless inflation is significantly more than 2% between now and then, they are extremely unlikely to change that plan. As such, you should probably not expect mortgage interest rates in general to change more than infinitesimally small amounts until 2014ish. Worry more about your credit score."}
{"_id": "548995", "title": "", "text": "De nombreuses entreprises \u00e0 travers le monde fabriquent du mat\u00e9riel alimentaire commercial. Ces produits vont des tables de cuisson, friteuses, grilloirs, br\u00fbleurs, fours, machines \u00e0 boissons, couteaux de chef, ustensiles de cuisine, vaisselle, couverts, lave-vaisselle, lave-verres, stockage des aliments, machines \u00e0 gla\u00e7ons, p\u00e2tisseries, ustensiles, etc. produits sont \u00e9galement fabriqu\u00e9s en fonction des demandes sp\u00e9cifiques des h\u00f4tels, restaurants, banquets, cantines industrielles, h\u00f4pitaux, boulangeries, h\u00f4tels cinq \u00e9toiles, restaurants multi-cuisine, centres de vill\u00e9giature, centrales \u00e9lectriques, soci\u00e9t\u00e9s pharmaceutiques et bien d'autres."}
{"_id": "549009", "title": "", "text": "\"you want more information on what? The general bond market? This article is getting at something different, but the first several pages are general background info on the corporate bond market.  http://home.business.utah.edu/hank.bessembinder/publications/transparencyandbondmarket.pdf  If you are trying to relate somehow the issue of federal debt ( a la treasuries) to corporate debt you will find that you are jumping to a lot of conclusions.   Debt is not exactly currency, only the promise of repayment at a certain date in the future. The only reason that U.S. treasuries ( and those of certain other highly rated countries ) is interchangeable is because they are both very liquid and have very low risk.   There is very little similarity to this in the corporate bond market. Companies are no where near to the risk level of a government (for one they can't print their own money) and when a corporation goes bankrupt it's bondholder are usually s.o.l (recovery rates hover at around 50% of the notional debt amount). This is why investors demand a premium to hold corporate debt. Now consider even the best of companies, (take IBM ) the spread between the interest the government must pay on a treasury bond and that which IBM must pay on a similar bond is still relatively large.   But beyond that you run into a liquidity issue. Currency only works because it is highly liquid. If you take the article about Greece you posted above, you can see the problem generated by lack of liquidity. People have to both have currency and be willing to accept currency for trade to occur. Corporate bond are notoriously illiquid because people are unwilling to take on the risk involved with holding the debt (there are other reasons, but I'm abstracting from them). This is the other reason treasuries can be used as \"\"currency\"\" there is always someone willing to take your treasury in trade (for the most part because there is almost zero risk involved). You would always be much more willing to hold a treasury than an equivalent IBM bond.   Now take that idea down to a smaller level. Who would want to buy the bonds issued by the mom and pop down the street? Even if someone did buy them who would in turn take these bonds in trade? Practically speaking: no one would. They have no way to identify the riskiness of the bond and have no assurance that there would be anyone willing to trade for it in the future.   If you read the whole post by the redditor from your first link this is precisely why government backed currency came about, and why the scenario that I think you are positing is very unlikely.\""}
{"_id": "549014", "title": "", "text": "Crystal Ball is really easy to use. I go to a top 3 b-school and we did some mid-level modeling work with it. The professor taught it to us over like 2 weeks (in addition to some other statistical probability stuff) and once you start working with it, it becomes pretty second nature."}
{"_id": "549017", "title": "", "text": "There's a lot of hate on the SEC in this thread, but having had to deal with various daily reports generated by several different clearing firms -- I think a story about of all the different methods of delivery and file formats used in the industry would be worthy of TheDailyWTF.  There seriously needs to be some industry standardization here.  It's a nightmare for everyone involved."}
{"_id": "549020", "title": "", "text": "Hello, Dear Friend! Thank you for watching my video!  Five Little Babies Jumping on the Bed Song Nursery Rhymes Songs for Kids by Eva TV  Learn Colors with Crying Baby Dolls Are you Sleeping Nursery Rhymes Songs for Kids https://www.youtube.com/watch?v=k8-HzTiZyGc  Bad Baby &amp; Bad Shark Johny Johny Yes Papa Song Nursery Rhymes Learn Colors for Children https://www.youtube.com/watch?v=d5LFFVTKO4I  #FiveLittleBabies #FiveLittleMonkeys #JumpingontheBed #BadBaby #NurseryRhymes #LearnColors #BadBaby #Halloween #EvaTV"}
{"_id": "549028", "title": "", "text": "\"You seem to think that you are mostly paying interest in the first year because of the length of the loan period. This is skipping a step.  You are mostly paying interest in the first year because your principle (the amount you owe) is highest in the first year.  You do pay down some principle in that first year; this reduces the principle in the second year, which in turn reduces the interest owed. Your payments stay the same; so the amount you pay to principle goes up in that second year. This continues year after year, and eventually you owe almost no interest, but are making the same payments, so almost all of your payment goes to principle. It is a bit like \"\"compounded interest\"\", but it is \"\"compounded principle reduction\"\"; reducing your principle increases the rate you reduce it. As you didn't reduce your principle until the 16th year, this has zero impact on the interest you owed in the first 15 years. Now, for actual explicit numbers.  You owe 100,000$ at 3% interest.  You are paying your mortgage annually (keeps it simpler) and pay 5000$ per year. The first year you put 3000$ against interest and 2000$ against principle. By year 30, you put 145$ against interest and 4855$ against principle.  because your principle was tiny, your interest was tiny.\""}
{"_id": "549037", "title": "", "text": "Notify his bank.  They should know where the check was cashed.  Assuming it had your name and someone cashed it, they committed fraud and the bank will want to know that.  But r/personalfinance is a better place to ask questions like that."}
{"_id": "549040", "title": "", "text": "\"I know some derivative markets work like this, so maybe similar with futures.  A futures contract commits two parties to a buy/sell of the underlying securities, but with a futures contract you also create leverage because generally the margin you post on your futures contract is not sufficient to pay for the collateral in the underlying contract. The person buying the future is essentially \"\"borrowing\"\" money while the person selling the future is essentially \"\"lending\"\" money. The future you enter into is generally a short term contract, so a perfectly hedged lender of funds should expect to receive something that approaches the fed funds rate in the US. Today that would be essentially nothing.\""}
{"_id": "549055", "title": "", "text": "\"They are insecure and unreliable. I mean, seriously so. Unlike other security measures, it is impossible to change your \"\"password,\"\" you need to use the same \"\"password\"\" across multiple platforms, and if you get a puffy face you can't log in.\""}
{"_id": "549072", "title": "", "text": "Many would recommend lump sum investing because of the interest gains, and general upward historical trend of the market.  After introducing DCA in A Random Walk Down Wall Street, Malkiel says the following: But remember, because there is a long-term uptrend in common-stock prices, this technique is not necessarily appropriate if you need to invest a lump sum such as a bequest. If possible, keep a small reserve (in a money fund) to take advantage of market declines and buy a few extra shares if the market is down sharply. I\u2019m not suggesting for a minute that you try to forecast the market. However, it\u2019s usually a good time to buy after the market has fallen out of bed. Just as hope and greed can sometimes feed on themselves to produce speculative bubbles, so do pessimism and despair react to produce market panics. - A Random Walk Down Wall Street, Burton G. Malkiel He goes on from there to recommend a rebalancing strategy."}
{"_id": "549092", "title": "", "text": "Gosh darn it . . . I thought we had already established that all the liquidity went only to the banks and none of it came to the real economy, and all of it is still tied up in funny money exchanges for worthless assets that are still on the Feds books.  Jobs and employment has been fudged, other economic data has also been massaged  . .[latest factory](http://www.reuters.com/article/us-usa-economy-manufacturing/u-s-factory-orders-post-biggest-drop-in-nearly-three-years-idUSKCN1BG1Z5)  Did you expect to pull inflation out of the Donald's ass?  That orange toad is getting ready to default and with N.Korea flinging nukes and China and Russia calling the sanction bluff, and the Fed attempting to unwind QE . . .  What exactly do you think will happen to inflation?"}
{"_id": "549131", "title": "", "text": "\"My wife currently works for a Bain-backed company.  I've seen it more times than I can count: Bain buys US-based companies, keeps a fraction of the skilled-labor in the US, and ships mostly everything else to China/Mexico (more China at this point).  I understand why they do this (keeps costs down, increases profits, etc), but it still angers me to no end.  IMHO: Just because \"\"it works\"\", it doesn't make it right.  Greedy fucks.\""}
{"_id": "549151", "title": "", "text": "Purchase loans tend to be more challenging to get the best possible rate, because you have to balance closing the loan and getting the contract. So there isn't as much time to shop around as when you do a refinance.  I disagree with the sentiment to go with your local bank. Nothing wrong with asking at your local bank and using their numbers as a baseline, but chances are they won't be competitive. There are many reputable online mortgage originators that will show accurate fees and rates upfront assuming you provide accurate information.  In the past there were a lot of issue with Good Faith Estimates being pretty much worthless. There were a fair number of horror stories about people showing up to closing and finding out fee or rates had increased dramatically. There was a law passed after the housing debacle that severely limits the shenanigans that lenders can do at closing and so there is less risk when going with a lesser known lender. In fact I would say the only real risk with a lender now days is choosing one that happens to be overloaded and or just has poor customer service in general. Personally I have found the most competitive rates from Zillow's mortgage service and the now defunct Google mortgage. The lenders tend to be smaller, but highly efficient. They are very much dependent on their online reputations. I have heard good things about a number of larger online lenders, but I don't have personal experience so I will leave them off. I personally wouldn't worry much about whether the loan is sold or not. Outside of refinancing I don't think I have ever talked to the bank servicing my mortgage about my mortgage. There just isn't much need to talk to them."}
{"_id": "549172", "title": "", "text": "Idk why you're being downvoted for telling the truth.  &gt;It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. -Henry Ford"}
{"_id": "549177", "title": "", "text": "Gary, Indiana made a bid including buying ads in the Washington Post.  They\u2019d do anything for it.  They\u2019d demo half the city and give them the airport.    Not that I blame them.  It\u2019s a city built for 200,000 steel workers and executives, occupied by 70,000 people with minimal skills and education.  The one time Murder Capital of the US still carries a stigma.  When you can buy houses for hundreds of dollars, the property tax rolls don\u2019t look good."}
{"_id": "549180", "title": "", "text": "It depends on your employer. They may not care to pursue matters if you don't give enough notice. They might be happy to see you go. Or they might be really sad to see you go, but not feel like they need to punish you. Or they might be really angry to see you go, and decide that they want to punish you to the full extent of the law just out of spite. Essentially, we can't tell you that, because different employers will behave differently. My advice? Be a mensch. Give the old employer as much notice as humanly possible so that they can find, hire, and train your replacement. Leave on as good terms as possible. Don't burn bridges. Chances are your new job can wait for another week or two."}
{"_id": "549181", "title": "", "text": "A company's Return on Equity (ROE) is its net income divided by its shareholder's equity.  The shareholder's equity is the difference between total assets and total liabilities, and is not dependent on the stock price. What it takes to have a ROE over 100% is to have the income be greater than the equity.  This might happen for a variety of reasons, but one way a high ROE happens is if the shareholder's equity (the divisor) is small, which can occur if past losses have eroded the company's capital (the original invested cash and retained earnings).  If the equity has become a small value, the income for some period might exceed it, and so the ROE would be over 100%. Operating margin is not closely related to ROE.  Although operating income is related to net income, to calculate the margin you divide by sales, which is completely unrelated to shareholder's equity.  So there is no relationship with ROE to be expected.  Operating margin is primarily dependent on market conditions, and can be substantially different in different industries."}
{"_id": "549188", "title": "", "text": "\"If you read Joel Greenblatt's The Little Book That Beats the Market, he says: Owning two stocks eliminates 46% of the non market risk of owning just one stock.    This risk is reduced by 72% with 4 stocks, by 81% with 8 stocks, by 93% with 16 stocks, by 96% with 32 stocks, and by 99% with 500 stocks.  Conclusion: After purchasing 6-8 stocks, benefits of adding stocks to decrease risk are small.   Overall market risk won't be eliminated merely by adding more stocks.  And that's just specific stocks. So you're very right that allocating a 1% share to a specific type of fund is not going to offset your other funds by much. You are correct that you can emulate the lifecycle fund by simply buying all the underlying funds, but there are two caveats: Generally, these funds are supposed to be cheaper than buying the separate funds individually. Check over your math and make sure everything is in order. Call the fund manager and tell him about your findings and see what they have to say. If you are going to emulate the lifecycle fund, be sure to stay on top of rebalancing. One advantage of buying the actual fund is that the portfolio distributions are managed for you, so if you're going to buy separate ETFs, make sure you're rebalancing. As for whether you need all those funds, my answer is a definite no. Consider Mark Cuban's blog post Wall Street's new lie to Main Street - Asset Allocation. Although there are some highly questionable points in the article, one portion is indisputably clear:  Let me translate this all for you. \u201cI want you to invest 5pct in cash and the rest in 10 different funds about which you know absolutely nothing. I want you to make this investment knowing that even if there were 128 hours in a day and you had a year long vacation, you could not possibly begin to understand all of these products. In fact, I don\u2019t understand them either, but because I know it sounds good and everyone is making the same kind of recommendations, we all can pretend we are smart and going to make a lot of money. Until we don\u2019t\"\" Standard theory says that you want to invest in low-cost funds (like those provided by Vanguard), and you want to have enough variety to protect against risk. Although I can't give a specific allocation recommendation because I don't know your personal circumstances, you should ideally have some in US Equities, US Fixed Income, International Equities, Commodities, of varying sizes to have adequate diversification \"\"as defined by theory.\"\" You can either do your own research to establish a distribution, or speak to an investment advisor to get help on what your target allocation should be.\""}
{"_id": "549207", "title": "", "text": "If a real estate property catches your eye, please don\u2019t hesitate to request more information as these days, properties are snatched up quickly.  Just have questions? Give us a call or email us. We\u2019re always happy to answer any questions you may have.  We look forward to the opportunity of helping you buy or sell your next Cabo home."}
{"_id": "549223", "title": "", "text": "Your annual contributions are capped at the maximum of $5500 or your taxable income (wages, salary, tips, self employment income, alimony).  You pay taxes by the regular calculations on Form 1040 on your earned income.  In this scenario, you earn the income, pay taxes on the amount you earn, and put money in the Roth IRA.    The alternative, a Traditional IRA, up to certain income levels, allows you to put the amount you contribute on line 32 of Form 1040, which subtracts the Traditional IRA contribution amount from your Adjusted Gross Income (line 37) before tax is calculated on line 44.  In this scenario, you earn the income, put the money in the Traditional IRA, reduce your taxable income, and pay taxes on the reduced amount."}
{"_id": "549225", "title": "", "text": "Executive Summary: your elevator speech Overview: What it is in detail Disclosure: what can go wrong, in detail subchapter one: internal threats/weakness subchapter two external subchapter three: risk management Proforma financials: heres how much money I need and here's what the books look like at the end of each of five years. Revenue Forecast: how the majic unfolds in units, price, geographically, and any other dimension Corporate/capital structure: how they can get in an out of this investment and other C-suite operating tidbits Execution plan: you receive the money, then what?"}
{"_id": "549227", "title": "", "text": "Did I have a reading comprehension fail?  What I got out of the article as the fact that they're shedding users, but nothing about *why*.    It is a fairly deep question, their games were incredibly popular, and addictive, a few months ago.  It could say something profound about the way people use casual games and social networks.  Or maybe it because Zynga's method of doing A/B testing on minor variations of the game, then choosing the version that captured more of the ~~victim~~ user's time and testing another minor variation the next day, doesn't make their games entertaining for long.  On the other hand, I'm pretty sure anyone who plays Farmville by choice is fundamentally immune to boredom."}
{"_id": "549232", "title": "", "text": "For a business, it has absolutely nothing to do with what's in the bank. A business could be billions of dollars in the hole cash wise and still be required to pay taxes, and it can also be flush with billions of dollars in cash and get a refund.  It's all from differences between tax accounting and accrual ( standard business) accounting."}
{"_id": "549254", "title": "", "text": "\"Exposure is the amount of money that you are at risk of losing on a given position (i.e. on a UST 10 year bond), portfolio of positions, strategy (selling covered calls for example), or counterparty, usually represented as a percentage of your total assets. Interbank exposure is the exposure of banks to other banks either through owning debt or stock, or by having open positions with the other banks as counterparties. Leveraging occurs when the value of your position is more than the value of what you are trading in. One example of this is borrowing money (i.e. creating debt for yourself) to buy bonds. The amount of your own funds that you are using to pay for the position is \"\"leveraged\"\" by the debt so that you are risking more than 100% of your capital if, for example, the bond became worthless). Another example would be buying futures \"\"on margin\"\" where you only put up the margin value of the trade and not the full cost. The problem with these leveraged positions is what happens if a credit event (default etc.) happens. Since a large amount of the leverage is being \"\"passed on\"\" as banks are issuing debt to buy other banks' debt who are issuing debt to buy debt there is a risk that a single failure could cause an unravelling of these leveraged positions and, since the prices of the bonds will be falling resulting in these leveraged positions losing money, it will cause a cascade of losses and defaults. If a leveraged position becomes worth less than the amount of real (rather than borrowed or margined) money that was put up to take the position then it is almost inevitable that the firm in that position will default on the requirements for the leverage. When that firm defaults it sparks all of the firms who own that debt to go through the same problems that it did, hence the contagion.\""}
{"_id": "549270", "title": "", "text": "For most people, you don't want individual bonds. Unless you are investing very significant amounts of money, you are best off with bond funds (or ETFs). Here in Canada, I chose TDB909, a mutual fund which seeks to roughly track the DEX Universe Bond index. See the Canadian Couch Potato's recommended funds. Now, you live in the U.S. so would most likely want to look at a similar bond fund tracking U.S. bonds. You won't care much about Canadian bonds. In fact, you probably don't want to consider foreign bonds at all, due to currency risk. Most recommendations say you want to stick to your home country for your bond investments. Some people suggest investing in junk bonds, as these are likely to pay a higher rate of return, though with an increased risk of default. You could also do fancy stuff with bond maturities, too. But in general, if you are just looking at an 80/20 split, if you are just looking for fairly simple investments, you really shouldn't. Go for a bond fund that just mirrors a big, low-risk bond index in your home country. I mean, that's the implication when someone recommends a 60/40 split or an 80/20 split. Should you go with a bond mutual fund or with a bond ETF? That's a separate question, and the answer will likely be the same as for stock mutual funds vs stock ETFs, so I'll mostly ignore the question and just say stick with mutual funds unless you are investing at least $50,000 in bonds."}
{"_id": "549272", "title": "", "text": "The money you will be bringing to the US will be classified as your own money, and will not be taxable. The proceeds from the sale are taxable to you, probably as capital gains. The fact that you kept the proceeds out of the US is irrelevant for that purpose (it is relevant for FBAR/FATCA etc). Since you had no basis in the property, all the proceeds are taxable to you at the time of the sale and should be reported on your tax return."}
{"_id": "549281", "title": "", "text": "Whenever I've tried to actually buy something at an Apple Store I've found it a frustrating experience.  With no line-ups or registers the process of actually buying something becomes a mess of finding an employee not helping someone else and hoping no-one else is quicker than you.  I've tried using the ipads to request help but it seems they prioritize the people grabbing at them rather than the queue.  Because of this I only go to apple stores to browse."}
{"_id": "549290", "title": "", "text": "I would not advise this for two reasons: Your point that the investment could be lower at the end of the 3 years is a concern, although with a safe investment, it is less so, but this reduces the potential gain. While your interest is not gaining interest, your interest charged is based on the principal. If you pay off the loans, you reduce the principal and therefore you pay less interest in the long run, even if the interest isn't capitalized. All that this means is that you are basically being charged simple interest as opposed to compounding interest, but reducing the principal helps in either case. You are mistaken about the benefits of the tax deduction. You reduce your tax bill by the marginal rate times the student loan interest you paid for the year. So if you are in the 15% tax bracket and paid $100 in interest, you save $15. This is not a reason to keep the loans (because you have to pay $100 to get $15), but you are mistaken on the benefit, it has nothing to do with shifting the tax brackets. Also, speaking of taxes, don't forget that you pay taxes on investment gains."}
{"_id": "549306", "title": "", "text": "The word 'hedge' emerges from early agriculture when farmers would ask the market for a minimum buy price for each crop they planted. They used this method to stop loss against any major losses.  Investors today use this strategy when they are unsure of what the market will do. A perfect hedge reduces your risk to nothing (except for the cost of the hedge)."}
{"_id": "549307", "title": "", "text": "\"Despite promises of improved productivity, enhanced nutritional content, or extreme weather tolerance - none of which has ever come to market - Monsanto has only ever produced seeds with two genetically modified traits: either herbicide tolerance or pesticide production. And even those traits never lived up to the marketing hype.....\"\"Scientists have warned that insects would become resistant from the overuse of Bt crops, but Monsanto poo-pooed it.\"\"\""}
{"_id": "549311", "title": "", "text": "The reinvestment of dividends and capital gains is a very significant portion of investment gains over the years. This creates a compounding effect on your gains. You should almost certainly reinvest to help the account grow, until you are retired and want to withdraw some cash. Placing them in a money market account just builds a pile of uninvested cash."}
{"_id": "549338", "title": "", "text": "Did you ever wonder why LightSquared is forced to use the frequencies to begin with? If we did not have auctions that priced out all competitors except the largest incumbents, we might have real competition. Simple solution, make some of the incumbents give up their hoarded spectrum.  Build a single wholesale network (instead of 4+ separate networks that are all starved for spectrum).   Fix the problem, don't kill competition"}
{"_id": "549344", "title": "", "text": "I would be using stop limit orders for stocks that are not too volatile. If you look at the chart and there are not many gaps especially after peaks, then you have more chance of being filled at your specified stop loss level using a stop limit order. If the stock is very volatile and has a large or many gaps down after most peak, then I would consider using a stop market order to make sure you do get out even if it is somewhat past your desired stop level. One think to consider is to avoid trading very volatile stocks that gap often. This is what I do, and using stop limit orders my stop level is achieved more than 95% of the time."}
{"_id": "549359", "title": "", "text": "\"There is no magic formula to this, quite simply: earn, cut expenses, and pay.  It sounds like you can use a little bit of help in the earning area.  While it sounds like you are career focused (which is great) what else can you do to earn?   Can you start a low cost of entry side business?  Examples would include tutoring, consulting, or even baby sitting.  Can you work a part time job that is outside of your career field (waiter, gas station, etc...)? One thing that will help greatly is a written budget each and every month.  Have a plan on where to spend your money.   Then as you pay off a loan throw that money at the next one. No matter if you use the smallest loan first or highest interest rate first method if you do that your debt payments will \"\"snowball\"\", and you will gain momentum. I'd encourage you to keep good records and do projections.  Keeping good records will give you hope when you begin to feel discouraged (it happens to just about everyone).  Doing projections will give you goals to meet and then exceed.   The wife and I had a lot of success using the cash envelope system and found that we almost always had money left over at the end of the pay cycle.  For us that money went to pay off more debt.     Do you contribute to a 401K?  I'd cut that to at least the match, and if you want to get crazy cut it to zero.   The main thing to know is that you can do it. I'd encourage you to pay off all your loans not just the high interests ones.\""}
{"_id": "549362", "title": "", "text": "My problem with your argument is the idea that we make a decision and reap the benefits sometime in the near and measurable future.  Where as the actual outcome of our decision may not be realized until many other decisions are made afterwards, thus making the number of permutations very high.  While I agree there tend to be people who can make better or more informed decisions given a situation, I think you give them entirely too much credit given the long run possibilities of outcomes.  My ultimate point being, no matter who you are, you are limited to being able to consider so many steps ahead or combinations at a single time.  And there are certainly people who make bad choices but get good outcomes, and vice versus.  Since we don't see one person, or a specific model for making decisions I have to believe that one simply does not exist.  So call it luck, kismet, or informed decisions, I think at a certain point people make decisions and reap the rewards of those decisions independently.  Maybe more often than not the informed win, but there have been plenty of smart people out there, with brilliant models and ideas, that go down in flames.  Likewise I've meet some pretty dumb people who happen to be at the right place at the right time and turn the right knob.  Not sure I was clear in explaining my point, its been a long day."}
{"_id": "549364", "title": "", "text": "\"As you alluded to in your question, there is not one answer that will be true for all mutual funds.  In fact, I would argue the question is not specific to mutual funds but can be applied to almost anyone who must make an investment decision: a mutual fund manager, hedge fund manager, or an individual investor. Even though money going into a company 401(k) retirement savings plan is typically automatically allocated to different funds as we have specified, this is generally not the case for other investment accounts. For example, I also have a Roth IRA in which I have some money from each paycheck direct deposited and it's up to me to decide whether to leave that money in cash or to invest it somewhere else.  Every time you invest more money into a mutual fund, the fund manager has the same decision to make. There are two commonly used mutual fund figures that relate to your question: turnover rate, and cash reserves. Turnover rate measures the percent of a fund's portfolio that changes every year.  For example, a turnover rate of 100% indicates that a fund replaces every asset it held at the beginning of the year with something else at the end of the year \u2013 funds with turnover rates greater than 100% average a holding period for a given asset of less than one year, and funds with turnover rates less than 100% average a holding period for a given asset of more than one year. Cash reserves simply measure the amount of money funds choose to keep as cash instead of investing in other assets. Another important distinction to make is between actively managed funds and passively managed funds. Passively managed funds are often referred to as \"\"index funds\"\" and have as their goal only to match the returns of a given index or some other benchmark.  Actively managed funds on the other hand try to beat the market by exploiting so-called market inefficiencies; e.g. buying undervalued assets, selling overvalued assets, \"\"timing\"\" the market, etc. To answer your question for a specific fund, I would encourage you to look at the fund's prospectus. I take as one example of a passively managed fund the Vanguard 500 Index Fund (VFINX), a mutual fund that was created to track the S&P 500.  In its prospectus, the fund states that, \"\"to track its target index as closely as possible, the Fund attempts to remain fully invested in stocks\"\". Furthermore, the prospectus states that \"\"the fund's daily cash balance may be invested in one or more Vanguard CMT Funds, which are very low-cost money market funds.\"\"  Therefore, we would expect both this fund's turnover rate and cash reserves to be extremely low. When we look at its portfolio composition, we see this is true \u2013 it is currently at a 4.8% turnover rate and holds 0.0% in short term reserves.  Therefore, we can assume this fund is regularly purchasing shares (similar to a dollar cost averaging strategy) instead of holding on to cash and purchasing shares together at a specific time. For actively managed funds, the picture will tend to look a little different.  For example, if we look at the Magellan Fund's portfolio composition, we can see it has a turnover rate of 42%, and holds around .95% in cash/short term reserves.  In this case, we can safely guess that trading activity may not be as regular as a passively managed fund, as an active manager attempts to time the market.  You may find mutual funds that have much higher cash reserves \u2013 perhaps 10% or even more. Granted, it is impossible to know the exact trading strategy of a mutual fund, and for good reason \u2013 if we knew for example, that a fund purchases shares every day at 2:30PM in order to realign with the S&P 500, then sellers of S&P components could up the prices at that time to exploit the mutual fund's trade strategy.  Large traders are constantly trying to find ways to conceal their actual trading activity in order to avoid these exact problems. Finally, I feel obligated to note that it is important to keep in mind that trade frequency is linked to transactions costs \u2013 in general, the more frequently an investment manager (whether it be you or a mutual fund manager) executes trades, the more that manager will lose in transactions costs.\""}
{"_id": "549375", "title": "", "text": "Check out CitiGold from Citibank. Not sure about incoming international wires but everything else seems to be covered."}
{"_id": "549377", "title": "", "text": "First of all, my comment has nothing to do with Trump, yet you want to bash as if I am maligning Trump. Whether Trump is behind it or Obama is behind it or Bush is behind it, $12 billion is a minuscule fraction of the national debt. THAT is my point, which was clear from my original posting.  Secondly, unless we are running a positive balance, we are still increasing our national debt. It looks like we are [**still** running a deficit](http://federal-budget.insidegov.com/l/120/2017-Estimate), which means national debt is continuing to increase, at a rate of $443 billion, or about 37 times this quoted $12 billion."}
{"_id": "549380", "title": "", "text": "\"First and foremost - make sure where you are purchasing the product is a reputable organization.  Secondly (coming from a biased computer geek) - be aware that Apple is a content trap.  Now on to my answer to your question... How do \"\"Preferred Account\"\" programs work? They're \"\"Preferred\"\" because they tend to bring in more money to the lender.  It may say No payments for 6 months but the fine print may have you being charged interest during those 6 months, meaning your new shiny computer will be costing more than the sticker price.  The good side is that you don't have to send in any actual payments for 6 months, but be aware that you'll probably be paying more than advertised. What are the different ways I can do it? Your listed options 1 & 2 are both good ways to pay for your new computer.  Yes, option 1 will charge you sales tax, but are you sure paying online excludes sales tax?  Some states mandate it.   Option 2 is a viable option too - probably your best option. 1st - there is possibly no sales tax with purchases made online, although there may be a delivery charge.   2nd - you're not committing to an additional monthly bill, you are essentially paying with cash, just directly from your bank account.  No interest charge! 3rd - that little Visa logo is your friend.  Purchases made through Visa & MasterCard (whether it's a credit or debit card)  normally have an auto-extended warranty feature (you may want to verify with Visa before taking my word on it).  Typically they double any manufacture's warranty.   Lastly - you can always set up a PayPal account and link it to your bank account.  Assuming the site you plan on purchasing the computer from accepts PayPal.\""}
{"_id": "549394", "title": "", "text": "\"You can make a contingent offer: \"\"I will buy this house if I sell my own.\"\"  In a highly competitive environment, contingent offers tend to be ignored. (Another commentator described such a contingency clause as synonymous with \"\"Please Reject Me\"\".) You can get a bridge loan: you borrow money for a short term, at punishingly high interest.  If your house doesn't sell, you're fscked. You pay for two mortgages (or even buy the other house for cash).  If you can afford this, congratulations on, you know, being super-rich. Or you can do what I am doing: selling one house and then living at my mom's until I buy another one.  (You will have to stay at your own mom's house; my mom's house will be full, of course.) Edit: A commentator with the disturbingly Kafkaesque name of \"\"R.\"\" made the not-unreasonable suggestion that you buy both and rent out one or the other.  Consider this possibility, but remember: On the other hand, if the stars align, you might not want to extricate yourself.  If the tenant is paying the mortgage and a little more, you have an appreciating asset, and one you can borrow against.  With a little work and a little judicious use of leverage, doing this over and over, you can accumulate a string of income-producing rental properties.\""}
{"_id": "549401", "title": "", "text": "Keep in mind that chasing after tax savings tends to not be a good way of saving money.  What is a good strategy? Making sure that you take all the deductions you are entitled to. What is a bad strategy: You asked for a book recommendation. The problem is that I don't know of any books that cover all these topics. Also keep in mind that all books, blogs, articles, and yes answers to questions have a bias. Sometimes the bias can be ignored, other times it can't. Just keep looking for information on this site, and ask good specific questions about these topics."}
{"_id": "549402", "title": "", "text": "This answer will assume you know more math than most. An ideal case: For the point of argument, first consider the following admittedly incorrect assumptions: 1)  The prices of all assets in your investment universe are continuously differentiable functions of time. 2)  Investor R (for rebalance) continuously buys and sells in order to maintain a constant proportion of each of several investments in his portfolio. 3)  Investor P (for passive) starts with the same portfolio as R, but neither buys nor sells Then under the assumptions of no taxes or trading costs, it is a mathematical theorem that investor P's portfolio return fraction will be the weighted arithmetic mean of the return fractions of all the individual investments, whereas investor R will obtain the weighted geometric mean of the return fractions of the individual investments. It's also a theorem that the weighted arithmetic mean is ALWAYS greater than or equal to the weighted geometric mean, so regardless of what happens in the market (given the above assumptions) the passive investor P does at least as well as the rebalancing investor R.  P will do even better if taxes and trading costs are factored in. The real world:  Of course prices aren't continuously differentiable or even continuous, nor can you continuously trade.  (Indeed, under such assumptions the optimal investing strategy would be to sample the prices sufficiently rapidly to capture the derivatives and then to move all your assets to the stock increasing at the highest relative rate.  This crazy momentum trading would explosively destabilize the market and cause the assumptions to break.) The point of this is not to argue for or against rebalancing, but to point out that any argument for rebalancing which continues to hold under the above ideal assumptions is bogus.  (Many such arguments do.)  If a stockbroker standing to profit from commission pushes rebalancing on you with an argument that still holds under the above assumptions then he is profiting off of BS."}
{"_id": "549406", "title": "", "text": "Wanneer uzelf houtstammen wilt kloven tot haardhout dan kunt de hakbijl gebruiken. Tegenwoordig zijn er ook machines die dit automatisch voor u kunnen doen. Deze machines heten : houtklover, kloofmachine, houtkloofmachine of houtkliever genoemd. Er zijn verschillende soorten machines die onderling verschillen in drukkracht leveren en ook is er een onderscheid in de staande en de liggende machines."}
{"_id": "549409", "title": "", "text": "\"The financial crisis really started in 2008 with Bear Stearns starting the downfall in March. So it wasn't the 2007 crisis like you posted in your first point. To learn about that, a quick read that explains a lot of it is \"\"The Big Short\"\" by Michael Lewis.\""}
{"_id": "549416", "title": "", "text": "RMA Journal is good. You should search for more in depth articles if you really want a good handle on all of the recent regulations. Dodd-Frank, CFPB regs, Basel II and the new capital reserve requirements and how that's affecting the industry. The irony about much of the new regs is that they are driving smaller lenders into selling their company because it is simply too costly to carry the staff necessary to ensure compliance; thus making the too big to fails even bigger."}
{"_id": "549422", "title": "", "text": "\"First, there will always be people who think the market is about to crash. It doesn't really crash very often. When it does crash, they always say they predicted it. Well, even a blind squirrel finds a nut once in a while. You could go short (short selling stocks), which requires a margin account that you have to qualify for (typically you can only short up to half the value of your account, in the US). And if you've maxed out your margin limits and your account continues to drop in value, you risk a margin call, which would force you to cover your shorts, which you may not be able to afford. You could invest in a fund that does the shorting for you. You could also consider actually buying good investments while their prices are low. Since you cannot predict the start, or end, of a \"\"crash\"\" you should consider dollar-cost-averaging until your stocks hit a price you've pre-determined is your \"\"trigger\"\", then purchase larger quantities at the bargain prices. The equity markets have never failed to recover from crashes. Ever.\""}
{"_id": "549424", "title": "", "text": "\"The other half of the problem is the \"\"education bubble\"\", people getting degrees because they think they can't get any work without one.  To fix that we need to stop demonizing trade schools and skilled manual labor in general. We have far too many people wanting to run the business and not enough people who want to do the actual work.\""}
{"_id": "549432", "title": "", "text": "Some additional links which explain their differences. But mostly as @bstpierre says, both are very similar and in some cases the terms may be used inter changeably"}
{"_id": "549435", "title": "", "text": "An accountant should be able to advise on the tax consequences of different classes of investments/assets/debts (e.g. RRSP, TFSA, mortgage). But I would not ask an accountant which specific securities to hold in these vehicles, or what asset allocation (in terms of geography, capitalization, or class (equity vs fixed income vs derivatives vs structured notes etc). An investment advisor would be better suited to matching your investments to your risk tolerance."}
{"_id": "549437", "title": "", "text": "\"How can someone use the account number to withdraw money without my   consent? They can use your account number to game your banks phone support and try to phish their way into your account. Banks have gotten very good at combating this, but theoretically with just the address he lives in, your name, and a bad bank phone rep, he could get into your business. The account number would just be one more piece of information to lead with. I have 1 savings and 3 checking accounts with the same bank. Would they be able to gain access to the other accounts? Dependent on how incompetent the bad bank rep I referenced above is, sure. But the odds are incredibly low, and if anything were to happen, the bank would be falling over itself to fix it and make reparations so that you don't sue for a whole crap ton more. Is there a more secure and still free option that I have overlooked? Opening up yet another checking account solely for accounts receivable and transfer to accounts payable would keep your financial records more transparent. Also, banks are doing \"\"money transfer by email\"\" now, so I don't know how great that is for business transactions, but in that instance you're just giving out an email linked to a money receiving account instead of an actual account number. Paypal is also a pretty good EFT middleman, but their business practices have become shady in the past 5 years.\""}
{"_id": "549441", "title": "", "text": "Many brokers administer their own dividend reinvestment plans.  In this case, on dividend payment date, they automatically buy from the market on behalf of their reinvestment customers, and they administer all fractional shares across all customers.  All of your shares are in the broker's street name anyway, the fractional share is simply in their account system.   The process is well documented for several common online brokers; so any specific questions you may have about differences in policies or implementation should be directed to your broker:  https://us.etrade.com/e/t/estation/help?id=1301060000 https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA208.pdf"}
{"_id": "549464", "title": "", "text": "You calculate the loss by adding back the interest that was made off the car loan. This is usually mitigated through down payments and longer loan terms (the 7 year auto loan is becoming popular). After a downpayment and a year's worth of payments (which are interest front loaded) I doubt that finance companies would have huge losses."}
{"_id": "549465", "title": "", "text": "No, he's right. Not only about the need to raise cash or capital via the equity markets, but the solvency and regulatory burden banks face.  If there is a run on bank stocks, they will struggle to meet their reserve requirement ratios. This is what has been happening with the French banks over the past several months."}
{"_id": "549466", "title": "", "text": "&gt;exxon avoids paying taxes in the US on their profits  [Exxon paid 31 billion in US income taxes on 73 billion in profits in 2011](http://finance.yahoo.com/q/is?s=XOM+Income+Statement&amp;annual). They also paid local taxes, state taxes, property taxes, their portion of SS taxes, among others. Other years are similar.  &gt;like most multi national corps  Wrong. [Read the GAO report on that](http://www.gao.gov/new.items/d08957.pdf). From page 8 it shows that in fact most companies actually do pay tax, and not many companies pay no tax over a very long period. Only around 2.8% of companies had no liability over the period studied. What can you conclude? Most companies pay tax.  Do you have a source otherwise that is actually a study this comprehensive?  You're probably confused since most pop reporting on this report did not actually read it, and just reported on what they wanted it to say.  Don't let facts get in the way of your rants."}
{"_id": "549477", "title": "", "text": "If you want to find deals online on your favorite products and discover the lowest prices, these daily deals sites are a great way to get started. They typically operate by bringing together hot products from various brands and manufacturers, and selling them at special promotional prices that are much lower than the suggested retail."}
{"_id": "549480", "title": "", "text": "\"&gt;There's tons of gas stations  There have to be, because you can't fuel your car at home like an EV driver can.  The only place fast-chargers are needed are along highways for people taking long trips.  And that's exactly where they are.    Tesla Superchargers are along all major highways, spaced so that drivers can get wherever they need to go.  Sure, it's more than 5 minutes to charge up a car.  But that's offset by spending NO time waiting for the other 90% of your daily driving.  Just plug in when you get home, and you've got a full \"\"tank\"\" of electricity every morning.\""}
{"_id": "549489", "title": "", "text": "If you read r/business you see posts about market caps of companies, which is an equally nonsensical metric.   Yeah, there's a lot of fluff in r/bitcoin but you might learn a few things about cryptocurrencies, even if you don't think there's any value in it."}
{"_id": "549490", "title": "", "text": "They're China. They won't help if it doesn't help them posture contrary to America. They will help, however, when they get to look like the benevolent and strong economic power that they want to be perceived as. Look for them to help in six months if help is still required."}
{"_id": "549510", "title": "", "text": "Are your kids playing video games? Don\u2019t worry, they aren\u2019t wasting time and energy passively staring at the screen and pressing buttons if you convert this pass time into a creative outlet, fostering their imagination! Game design is what we are talking about and your child needs not be a skilled programmer or computer expert to start. Below you will find all game design information to give a creative and entertaining experience to your child. Checkout us online: http://stemandeducation.greatwebsitebuilder.com/blog/your-complete-guide-to-all-game-design-information"}
{"_id": "549512", "title": "", "text": "Nope.  If there is no prepayment penalty go for it.  Find another credit source to use (like a credit card you pay off every month) if you want to get a long history. Saving money on interest is more important to me than minutia in a credit score."}
{"_id": "549513", "title": "", "text": "I agree with the others that pulling the money out of your 401(k) is not the best idea due to the taxes and penalties.  But I also think that a 401(k) loan is not a good option either.  Somehow life happens, and the time when you can least afford to repay the loan (just after losing your job) will be the time when you have to repay the loan or pay the taxes and penalties.  There's just too much risk there.  You also lose the compounding gains you'd get from the investment, and it's likely not worth sacrificing your future retirement for this. It's probably worth finding out how close you are to having your house appraise out for a successful re-fi.  Without that information, you're just guessing.  Depending on how close you are, you pile up as much cash as you can over the next few months to try to pay down the mortgage enough to qualify for the re-fi.  As you're doing this, if home values start coming up in your area, you'll have that going for you as well.  It might even be worth suspending your 401(k) contributions for a short while to give you more cash to put towards the re-fi goal."}
{"_id": "549525", "title": "", "text": "\"I'm genuinely curious... what colleges are \"\"lying to youth\"\". I went to a public university in Nebraska, all of the mean/median salaries and employment rate of recent graduates for each major were clearly posted online. They were not lying, just reporting the statistics for students to see and make informed decisions themselves. I think people generally love to have someone to blame, but I don't think universities should take that blame.\""}
{"_id": "549528", "title": "", "text": "\"Dividends are declared by the board of directors of a corporation on date A, to stock holders of record on date B (a later date). These stockholders then receive the declared dividend on date C, the so-called payment date. All of these dates are announced on the first (declaration) date. If there is no announcement, no dividend will be paid. The stock typically goes down in price by approximately the amount of the dividend on the  date it \"\"goes ex,\"\"  but then moves in price to reflect other developments, including the possibility of another declaration/payment, three months hence. Dividends are important to some investors, especially those who live on the income. They are less important to investors who are out for capital gains (and who may prefer that the company reinvest its money to seek such gains instead of paying dividends). In actual fact, dividends are one component of \"\"total\"\" or overall return. The other component is capital gains, and the sum of the two represents your return.\""}
{"_id": "549556", "title": "", "text": "Petrodollars are specifically dollars earned from oil revenue. They are not synonymous with the US dollar.  It should be clear that the US dollar is not backed by oil since we just recently witnessed the priced in US dollars drop precipitously while the US dollar gained against a basket of currencies."}
{"_id": "549558", "title": "", "text": "IELTS British Council,  provides local and international documentation services and solutions from to more than 10 years in the world. IELTS stands for International English Language Testing System. If you want to Buy Canada ielts certificates online, then you can visit our website. We will provide you 100% original ielts certificate. It is jointly owned by the British Council. This ielts certificate used Canada and Commonwealth countries for students originating from non-English-speaking countries."}
{"_id": "549586", "title": "", "text": "Losing the manufacturing jobs is a necessary evil of any developed nation. Yes Germany is an exception but that is only because they specialise in expensive high quality items. This transition has happened before in every developed nation when manufacturing replaced agriculture as the main sector of income and the same is happening again.  The key is that we have to adapt and accept that rather than fight it. Fighting this transition will simply slow progress. People simply have to retrain and adapt to a knew skill set. Yes it isn't easy but trying to artificially stop low paid jobs moving to places with a cheaper labour force is impossible. Companies have to remain globally competitive.   I appreciate if everyone globally gets paid a descent salary this wouldn't be an issue. However, this is not the case and will not be any time soon. The reality is manufacturing of non luxury goods will hardly exist in  developed nations and will be solely down by the likes of china and india. However give it another 20 years china will be in exactly the same boat losing their manufacturing jobs to a less developed nations or maybe robots by then."}
{"_id": "549601", "title": "", "text": "I know of no generic formula for determining if an investment property is a good investment, besides the trivial formula. Make sure your income is greater than your expenses, and hope the value of the property doesn't drop. Some people will tell you to expect the monthly rent to be a fixed percentage of the purchase price, but that is a goal not a certainty. It is also impossible to estimate the difficulty renting the property, or how long the roof will last. Taxes can't be predicted, as the value of the house increase, so do the property taxes, but you might not be able to increase the rent.  You can't even predict the quality of the tenant. Will they damage the property? Or skip out early? You will need somebody who knows the local market to estimate the local conditions, and help you determine the estimated costs and income based on the actual property involved."}
{"_id": "549620", "title": "", "text": "\"&gt; . A us ceo will pay more in income taxes than a 1000 factory workers.  From quick google searches, average auto worker make about $35-40 an hour,  meaning they pay about $20,000 a year in taxes.  $20,000 * 1,000 = $20million  Ford CEO reportedly gets about that in gross compensation, which he probably pays closer to the capital gains tax rate for (~20%).  Though I'm not sure why you are trying to start an argument here.  You said you were considering \"\"buying a car from a foreign manufacturer\"\" and I simply pointed out that the car in question was manufactured here in America.\""}
{"_id": "549640", "title": "", "text": "\"A \"\"junk bond\"\" is one that pays a high yield UP FRONT because there is a good chance that it could default. So the higher interest rate is necessary to try to compensate for the default Junk bonds are used in leveraged buyouts (LBOs) because such deals are INHERENTLY risky. \"\"Normal\"\" companies may have 20%-30% debt and the rest equity, so that the company will have to lose 70%-80% of its value before the debtholders start losing money on \"\"normal\"\" bonds. But in an LBO, the company may have only 10%-20% equity and the rest debt. Meaning that if it loses that small equity cushion, the value of the \"\"junk\"\" bonds will be impaired.\""}
{"_id": "549645", "title": "", "text": "You don't have to register for corporation tax until you start doing business: After you\u2019ve registered your company with Companies House, you\u2019ll need to register it for Corporation Tax. You\u2019ll need to do this within 3 months of starting to do business. Since you haven't needed to do that yet, there also shouldn't be any need to tell HMRC you've stopped trading. So it should just be a question of telling Companies House - I guess it's possible they'll first want you to provide the missing accounts."}
{"_id": "549654", "title": "", "text": "Overall I think it sounds like it's worth it. It's hard to find that high of a rate on a checking account these days.  It looks like you're looking at this bank, and I can see they have a few more requirements that seem a little tedious: If you don't do these things every month, then you lose the great interest rate. If you can think of an easy way to jump through these hoops and not forget, then it's probably worth it. For example, if you routinely eat out for lunch or buy a morning coffee, you can use that card to pay for it. Set yourself a recurring reminder in your calendar or smartphone to remind you to login to the online banking site. Ultimately, since this is an emergency fund, it's a good idea to keep it nice and liquid in a checking account. You're not likely going to find many other options that will give you a better (and safe) return and still keep your funds available for when you need them. In summary, it sounds like a good idea to me so long as you think you can reliably jump through their hoops."}
{"_id": "549665", "title": "", "text": "Why would a lender for a down payment want proof of income for a house when a credit card issuer gave me more and doesn't care? The risk profile and rate of interest are different.  Could I use this argument as a basis that they have no reasoning to request proof of income, if another lender (credit card company) would give me more without proof of repayment? You could argue anything, but it does not mean the other company will agree with your argument. Should I borrow a home loan from a credit card company then? Or what's the catch here? You can. Check the rate of interest and penal fees; you would realize how much you will end up paying. Depending on the country, the difference could be in the region of 10-15%."}
{"_id": "549684", "title": "", "text": "Three ideas: PayPal is probably the best/cheapest way to transfer small/medium amounts of money overseas."}
{"_id": "549686", "title": "", "text": "&gt;World war 2 was what carried america out of the great depression.  Not really. The end *results* of world war II did (basically the destruction of ALL economic competition), along with the (fortunate) improvements in productivity (the advent of gasoline tractors in agriculture, etc) -- but the war years were ones of a combined voluntary/forced austerity &amp; centralized planned production (the vast majority of what was produced being destroyed or squandered).  &gt;Anything's possible, people do desperate things when they're hungry, most people will resort to cannibalism within 2 weeks without food.   No. Most people will resort to a lot of other things first. And then, those failing they die of starvation.  Cannibalism is (and always has been) a relatively rare thing.  &gt;It's too unpredictable, but my bet is that the coming collapse will be multiple times worse than the great depression.  Yes and no.  Probably longer in duration (20 to 30 years rather than ~10) -- and no doubt some significant parts of the infrastructure will deteriorate to the point of collapse.  What (in political &amp; economic terms) comes out the other side of that is what is REALLY unpredictable. There will almost undoubtedly be some type of dictatorship police-state in there (most likely DURING the depression, making it longer &amp; worse, before it implodes &amp; gets better), but whether it would survive &amp; remain (or be replaced by yet another) in the aftermath is the big question."}
{"_id": "549703", "title": "", "text": "That's just not how it works. I'm in Europe by the way, and am actually in the process of hiring someone for my company. We know how much we are willing to pay them (the pay is pretty good).     What we care about: the job being done quickly and well.     What we couldn't give less of shit about and what would get you laughed out of a conference call: the person's life circumstances, their heating bill, their three kids, or anything not strictly related to their role.    You put an inordinate amount of value on comfort for the employee, but none on the risk that the employer runs. Employers don't just drop out of the sky to gift people jobs and money. Particularly in the case of a franchise, which are typically run by small-scale businesspeople and whose risk rises as employees are paid more and are harder to fire, strong labor laws are a disincentive to hiring."}
{"_id": "549708", "title": "", "text": "If it were possible for every person in the world to run their own business at the same time maybe you'd have a point, but that's not how things work. As it stands now there inherently must be more employees than business owners and the nature of that relationship inherently favours the owner. A few laws in place to somewhat balance the scales is not a bad thing. At the end of the day, the employer was breaking the law and now they have to suffer the consequences."}
{"_id": "549736", "title": "", "text": "This is adequately covered by the differential between lending and receiving interest rates.  ...and technically, they pay the central bank an interest rate on the money lent as well, which means that they *are* paying back equity holders (all be it very slowly and very slightly).  The equity holders have the ability to will money into existence, so there's no artificial limitation they face with respect to the branch banking system."}
{"_id": "549741", "title": "", "text": "\"Wrong. Business lending has boomed under QE.. does the term \"\"cov-lite\"\" sound familiar? That's because there's so much liquidity, that they're willing to lend to companies with little to no restrictions. There is so much credit to go around, that a \"\"High Yield Bond\"\" can price at L+800 bps.   When you're taking all the risk of a HY issuer, and maxing your return at 8.5%-9%, it's not too appealing. Instead, you could take a bit more risk, but also get all of the potential upside of equities.   1.  Fed buys assets, injects money into banks.   2.  Banks, flush with liquidity, need to put their balance sheet to use and begin lending to everyone.   2.  Bond market flooded with supply, causes bond yields to drop to historic lows.     3.  Investors don't enjoy limiting upside for incredibly low returns, and begin flooding equity markets to get some sort of yield.    Business lending is booming, making equities the only place to get larger returns.\""}
{"_id": "549752", "title": "", "text": "Funny.  I just made a comment about how I like that there is no commission.    There are 2 Best Buys near me that I shop at.  I always find the sales people to be helpful when I need their help.  Maybe some regions have better training methods?"}
{"_id": "549759", "title": "", "text": "If you don't know how to fix your own car or have time to take car parts off of a car at a junk yard, the average amount of money per month you spend on repairing an old car will be greater than the amount of money you spend per month on a new car payment. This is because car repair shops are charging $85 per hour for labor for car repairs. Many parts that wear out on a car are difficult to replace because of their location on the engine. The classic example is piston rings."}
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{"_id": "549763", "title": "", "text": "Invest in solid companies, not in esoteric products built on sand. The problem is with finance, not with real economy: oil companies make money, mobile phone companies make money, airlines make money..."}
{"_id": "549767", "title": "", "text": "This should be posted in /r/Personalfinance.  Also, do not do what /u/BlitheCalamity is suggesting.    1. If it is an IRA, simply do an ACAT transfer.  No taxes will be incurred if the paperwork is filed correctly.  Additionally, there is a 60 rollover provision for IRA accounts... another way to get out of a tax penalty for an IRA account.  2. Check the internal fees for your mutual funds.  You may have purchased A shares, which I am guessing is the case since your advisor was an Ed Jones advisor.  The ongoing internal expense ratio should be rather low so you might want to consider keeping these funds.  An ACAT will allow you to transfer your investments to your new account if you want to keep them.  (A shares have a onetime high upfront charge, but low ongoing fee.  If you've already paid for the fund, why ditch it for another fund that charges a higher ongoing fee but not an upfront fee? Evaluate your costs.)  3. If this is a non-IRA account, still file an ACAT.  It is the easiest way to transfer your account.    Edit:  Silly me, this is clearly a question regarding an IRA.  In that case, there is no tax penalty for selling anything and buying within your IRA as long as you do not take the money out.  Like I said, please file an ACAT with the new company otherwise you will have to prove to the IRS that you completed the rollover in 60 days.  If not, you will pay income tax and a 10% penalty."}
{"_id": "549773", "title": "", "text": "Would it be a reasonable idea to open a savings account in an overseas bank? For the risks you mention, this may not be a good idea for individual. Note HNI / Companies routinely keep funds in various overseas account. For individual the amount of paperwork [reporting in US etc] and fees etc would be high. Plus in adverse conditions, access to this funds would still be stringent and restricted. Some of the other options you can try are  Generally for the risks you mention, there is very little an individual can do except to take it if & when it comes."}
{"_id": "549787", "title": "", "text": "I just tried doing that on my PP which is in the Netherlands, I have added a USD bank account (from my dutch bank) and they sent the verification amount in Euros, I called the bank and wonder why they didn't let me choose account currency they said it's not possible and if I cashout Dollars that I have in my PP (cause we usually do international business so we set it to dollars) it will be changed to Euros, So we decided to keep the dollars in account to pay our bills instead of getting ripped off by PayPal in xchange rates."}
{"_id": "549798", "title": "", "text": "\"According to the following links, it is commonly pronounced \"\"Cecil\"\".   https://kaufmanrossin.com/blog/bank-ready-meet-cecil/ The proposed model introduces the concept of shifting from an incurred   loss model to the current expected credit loss model commonly referred   to as CECL (pronounced \u201cCecil\u201d). http://www.gonzobanker.com/2016/02/cecl-the-blind-leading-the-blurry/ [...] and its name is CECL (Current Estimated Credit Losses, pronounced like   the name \u201cCecil\u201d). The name Cecil means \u201cblind,\u201d which is ironic, because FASB\u2019s upcoming   guidance will push FIs to clarify the future performance of their loan   portfolios by using models to predict CECL of all loan portfolios. https://www.linkedin.com/pulse/operational-financial-impact-cecl-banks-nikhil-deshmukh Termed as Current Expected Credit Loss (CECL, or Cecil, as some call   it), [...]\""}
{"_id": "549801", "title": "", "text": "That's how it's always been??  Oh wow you have to actually major in something useful to make a living?   There are a ton of things you can major in and make a great living. What's dumb is kids taking on 100k+ in loans to go to a private college when they could've gone to a state school or done 2 years at a community college."}
{"_id": "549833", "title": "", "text": "Location, Location, Location. The closer to the highway, the more they can charge. People want to go less than a mile from the exit to get gas. Therefore  they save time, but spend more money. That is understandable, so the gas station takes advantage of the situation."}
{"_id": "549835", "title": "", "text": "Read all the Terms and Conditions.  Make sure you have an answer for any question or reason at all that could disqualify you from collecting the jackpot.  Consider any ticky tack reason that could be used to prevent you from collecting and have a mitigation plan for it."}
{"_id": "549868", "title": "", "text": "\"Some basic thoughts, mostly on fairness. I guess the answer doesn't really fit this site, it's more about ethics, but this fits the question which isn't really just about money either. So when both work the same amount, it seems appropriate that both get the same mount of money, doesn't it? That is, the scheme of (as already contained in your question and in some other answers) is fair by this logic. Pay attention to hidden money: for example the one who works more for money might automatically get a pension funded this way. This is hidden money which already goes to only one partner, so when dividing equally, you'll need to take that into account (or just include \"\"equal pensions for both\"\" in the family's needs directly).\""}
{"_id": "549870", "title": "", "text": "\"You are on the right track, for tax purposes its all ordinary income at the end of 2016. If the free lance \"\"employer\"\" will withhold fed,state and local tax, then that takes care of your estimated tax. If they can't or won't, you will need to make those estimates and make payments quarterly for the fed and state tax at your projected tax liability.  Or, you can bump up withholding by your day job employer and cover your expected tax liability at year end without making estimated tax payments.\""}
{"_id": "549895", "title": "", "text": "Investopedia has a nice article on this here The Key benefit looks like better returns with lower capital. The disadvantage is few brokers offering that can be trusted. Potentially lower return due to margins / spreads. Higher leverage and can become an issue."}
{"_id": "549896", "title": "", "text": "\"This is Saudi =) IDK local laws for the bid - but we don't include an anti-trust rep &amp; warranty in our boilerplate. However, my org is not purely public and our RFP's don't have economy wide implications (not even industry wide).   It would have been nice if the article provided a bit more detail on the \"\"not clear the bidder ... would actually make money\"\".  That's also the problem with reporting on a LCOE basis. Within a single market LCOE is the most important metric to compare apples to apples between energy sources.  It is pure speculation, but solar is more capex heavy than alternatives. Therefore the cost of finance becomes a major driver and an outfit like Masdar has access to cheap money\""}
{"_id": "549915", "title": "", "text": "If you could find a breakdown, I suspect that it would show not just that they are self employed but own their own company. There are many people that are self employed, many of them make a good living at it, but are not millionaires.  My neighbour the plumber is a perfect example of this sort of self-employed and comfortable but not rich person. The key to wealth growth is to own (a significant part of) a company.  It one way to leverage a smaller amount of money to something much larger.  Plough your profits back in to the company to grow it, pay yourself reasonably for some time as the company grows.  After it is some size, you can afford to pay yourself more of the profits, if not sell it as a going concern to someone else. One last thought - I am assuming that your book is claiming that they made their money through self-employment, instead of choosing to become self employed  after striking rich somewhere.  If I were to win the lottery, I might then become a self-employed something, but in that case it was not my self-employment that got me there."}
{"_id": "549916", "title": "", "text": "\"&gt;  Thirteen out of 41 republicans voted against Carswell, and 17 out of 43 for Haysworth.  And 6 out of 46 Republicans voted against Bork.  &gt; It would only serve to fire up their worst partisans with the \"\"indignity\"\" of it all.  Several of the Republicans I have talked to about this don't realize what the Republicans did.  One even wondered why Obama never appointed anyone.  I guess I think the partisans are going to be fired up about something regardless. Might as well make it about a real topic.  &gt; Fights to the death are zero sum games.  I agree.  I just think zero-sum is better than what the Democrats have been getting the past few decades.  &gt; All this ignorance is perpetuated by the climate of us versus them that only gets worse every time you double down.   So the Trump campaign was the worst I have seen in terms of ignorance and an \"\"us versus them\"\" climate.  Two questions for you in regards to it.  1) Do you think the Democrats did any doubling down to warrant this campaign?  If so, what?  2) Trump won on balls and showmanship. He lied often but never backed down. He made tons of nebulous promises without giving specifics.  He stoked the \"\"us versus them\"\" climate and then he won.  Doesn't that suggest to you that modern American politics are not about issues or compromise but mostly about fanning flames?\""}
{"_id": "549926", "title": "", "text": "This is one of the simplest demonstrable examples of a non-intuitive result. (And has a ton of utility for corporate strategy, not just trade ... but many business managers do not understand it).  Statistics and exponential growth contain others simple-to-prove non-intuitive results. People need to study this type of stuff more ... brains are no good at understanding reality.  David Ricardo was *the* man."}
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{"_id": "549961", "title": "", "text": "No but it's really not much of a war. The US builds it's own bases and conducts only limited strikes. It isn't like they're spread out over the whole country trying to occupy it. Thank god. If they were it would be Vietnam all over again."}
{"_id": "549974", "title": "", "text": "Something needs to happen to make companies take cybersecurity seriously.     I'm not making excuses for the hackers, but we know they're out there.  If you can't dedicate the resources needed to keep personal data safe, then perhaps you shouldn't hoard personal data."}
{"_id": "550007", "title": "", "text": "\"Yeah, until people decide that drinkable water is important and ban fracking. It doesn't take a genius to realize that water &gt; natural gas. I guess so long as it's \"\"someone else's water\"\" and that someone else is poor it'll continue...\""}
{"_id": "550047", "title": "", "text": "&gt; hip and tech oriented. Sears is neither of those.  The best part is... they give lip service to BEING just that. Giving the .com team so much leeway, trying to get into video streaming, &amp; SO MUCH MORE....   You probably have no idea how hilariously spot on I found that comment."}
{"_id": "550060", "title": "", "text": "I know it is ran by humans, that is why we elect them, after a campaign where get to know them a little bit better.   You're focused on one aspect of a government's task and ignore the rest.   Removing the government altogether wouldn't not solve the problem, probably the govt would be replaced by something else, very likely even worse."}
{"_id": "550078", "title": "", "text": "I mean even skimming through the article really quickly.... The fact that they're touting GS as Lloyd blankfeins personal hedge fund just makes anything they're saying laughable.     Edit: they're also specifically talking about GSAM.... I'm not sure they understand how the industry actually works at this point because if Blankfein were to be using GSAM as his personal hedge fund (and this is the only part of the bank that can be used as a hedge fund in anyway) then their clients would be pulling out money by the boat loads..."}
{"_id": "550083", "title": "", "text": "\"I would create a \"\"Rollover IRA\"\".   These IRAs are designed to take funds from a 401k and allow you to invest them without incurring a cash out penalty nor a tax due.   You will have more choices than if you leave it at your old 401k. If you cash out the 401k, you'll have much less to invest ($1500 - penalty - taxes) vs. doing a rollover 401k where you'll still have $1500 to invest. Then, once the money is inside the new Rollover IRA you can invest in whatever you please.   If you want to invest in Vanguard funds, I recommend opening the Rollover IRA at Vanguard.  Here is Vanguard's information page about rollovers from 401ks: https://investor.vanguard.com/what-we-offer/401k-rollovers/401k-403b-to-ira-rollover-benefits When you next change jobs and have another 401k with funds in it, you can roll it into the same Rollover IRA.\""}
{"_id": "550085", "title": "", "text": "What similar car as a Camry is RWD these days? FWD gives you better mpg, lower cost, and better winter traction; far more important for this class. There is the Subaru BRZ, or Lexus IS/GS, if you really want though."}
{"_id": "550101", "title": "", "text": "Are you planning to have a ski family vacation this coming holiday? Here at France Skiing, we can help you have a fun and memorable ski trip. We make sure to provide you with comfortable and well-situated accommodation, ensuring you with the best family ski holidays. To know more about our offerings, log on to our website - france-skiing.net."}
{"_id": "550109", "title": "", "text": "\"Not sure where you got the idea you can only go file bankruptcy once. You can certainly file more than once, and get more than one discharge, but there are waiting periods between filing.   As for payroll. . . . for what it is worth wages actually are considered a priority debt, in short \"\"priority\"\" debts get paid from any fund available in the bankruptcy estate before non-priority debts.  So better than nothing.\""}
{"_id": "550150", "title": "", "text": "\"&gt; \"\"vegetarian foods were added to the traditional mix two years ago to address the rise in youth obesity\"\"  There's so much misinformation about vegetarian food.  Veggie burgers are often made with a lot of vegetable oil and can have the same number of calories as a burger.  And if they had fries, potato chips, potato salad, etc., any of those things would contribute more to the added (mostly empty) calories of the meal than the burger.  Too often people go vegetarian for \"\"health reasons\"\", and then fail to take any of the supplements they need to to make up for the nutrients they aren't getting naturally from meat.  And they end up eating a bunch of carbs and food high in vegetable oil.    A healthy diet, including moderate portions of meat, is more healthy than just no longer eating meat and thinking that will make you healthier.\""}
{"_id": "550164", "title": "", "text": "Yes and no.  Courts do understand the idea of tyranny of the majority.  Specifically, actions that hurt the company for personal gain is still theft against the minority shareholders.  It's common misconception that this fiduciary duty means that a CEO's job is to raise the price of their stock.  The truth is, stock price is a number that has an extremely tenuous relation to actual company health.  So, it's entirely possible for a shareholder lawsuit to happen.  It's just typically cheaper and less hassle to sell the stocks for a loss and get out while they can."}
{"_id": "550166", "title": "", "text": "No, it won't affect your score until your statement is posted. Paying your bill before your statement is posted is actually a good way to keep your credit utilization low. If you're worried about high credit utilization negatively affecting your credit score, consider paying your bill several times a month to ensure that when your final monthly statement is posted, your utilization is still low. When my credit limit was very low while I was in college, I did this almost every month, and I've seen other sites recommend this practice as well. From creditkarma.com: The easiest way [to lower credit utilization] is to make credit card payments more than once a month so that your balance never gets too high. and creditcards.com: Consider making payments to creditors more than once each month. Otherwise, if you put a major expense -- like a new appliance -- on a credit card, even if you plan to pay it off, your FICO score may take a hit. The reason is that credit scores are calculated as a snapshot in time, so if that happens to be right after you charged a new $700 washing machine, your utilization ratio will look worryingly high. Remember, though, that it's best to have some balance on your card when your statement is posted (assuming you pay it off in full each month), because as the chart shows, 0% utilization is about as bad as utilization > 31-40%:  Also, remember that credit utilization affects your credit score in real time, so if you have high utilization one month but a lower utilization the next month, the hit to your score will disappear once a statement with low utilization is posted."}
{"_id": "550172", "title": "", "text": "It is in the bank's interest to sell the property for as much as they can (although it is doubtful they will put as much effort/time into selling it as the owner might). They will certainly not sell it for $1. The main reason for this is that the bank would prefer to own $100k, than a loan to them from a customer for $100k. Banks have to discount the value of loans to take into account the likelihood of the loan not being repaid. They classify certain loans as riskier than others, and these are discounted more heavily. An unsecured home loan to a customer that has already defaulted, has no collateral, and now needs to pay rent AND loan repayments would count as an extremely risky loan."}
{"_id": "550178", "title": "", "text": "I think it will work out ok in seattle, but here's the thing... A policy that works ok in a quickly growing city won't necessarily work well in another economic environment. Think rural town or even a slowly growing city.  So really it doesnt tell us shit. Other than maybe the fact that we could use economic data to help us target better minimum wages at a local level. Thats too complicated though for anyone to care about imo."}
{"_id": "550184", "title": "", "text": "Consider also setting up a CD ladder. CD rates are often better than savings account rates. You have a 12-month CD that you purchase in January with a twelfth of your money, then another small one in February, then another in March.... then, when January comes around again, you a little more money to the first CD, and the ladder is complete. The idea is that you have more access to your money than one big CD, since you'll always have a CD maturing next month that you can get to in case of an emergency, and you can get better rates on a 1-year CD than on something else (with less risk of being locked into a bad interest rate). And you'll be less tempted to tap it all at once to buy some fancy car or what-not because you can't get at it all at once (without a penalty). And in a major emergency, losing a few percent of your interest for early withdrawals is likely the least of your problems."}
{"_id": "550195", "title": "", "text": "Network is communication of two or more devices it could be LAN (i.e. Local Area Network) or Wireless   connection.  LAN and wireless connection,   explain the size and infrastructure of the network. Before you use any sensitive information on any of your devices like Computer, Phone or Tablet it is always recommended to have a Secure Network."}
{"_id": "550204", "title": "", "text": "I like Pocketsmith for simple cashflow forecasting. I use Moneycenter for more complex tracking."}
{"_id": "550220", "title": "", "text": "No. Because, while it's not meat,  it's also not fake food. It's labelled Vegan and the people that buy it know what they are getting and, I believe, try it out of curiosity and because it's better for them and the environment (not sure about the last two, but curiosity for sure). It's offered as a tasty option to replace dead animal flesh.  Edit: I'm sure that their product is better for people than animal flesh and better for the environment, but I'm not sure if carnist are buying for those reasons. Hopefully, that's part of their decision process."}
{"_id": "550231", "title": "", "text": "I download and use very few apps. But I did buy Swiftkey a while ago. For my phone and my wife's.  I was happy to pay the 3-4 bucks.  When I see an app that's free, I'm thinking :  1- It's going to be a buggy piece of crap  2- It's going to ad spam my eyese relentlessly.  Paying 3 bucks and having a quality add-free software is an excellent trade off."}
{"_id": "550238", "title": "", "text": "The tried-and-true policy would be government spending (and not just any government spending, but one with positive feedback on the whole economy) such as specific subsidized industry or high-tech projects (most likely wind/solar, high-efficiency and hybrid cars, etc.).  And this includes something like addition education in fields that are needed.    Instead we give money to banks, tax breaks for the already wealthy, and then deregulate finance when the problem seemed to stem from deregulation and non-enforcement.  If we don't hit a bigger bottom in 1-5 years - I'd eat my shorts."}
{"_id": "550245", "title": "", "text": "\"Meh. Nice Feature article, but some things pop out.  1.  \"\"The guy doesn't understand his strategy\"\"? uhhh   1.  10 million is small and I don't know how well that would scale up. 1.  Plus this guy works full time at a university. How many investor would give money to a guy not dedicated full time. Maybe he can raise small amounts from a large audience, but I don't think people would give him anything substantial. Perhaps a trial basis, but I think there's a ceiling 1. Is it really \"\"AI\"\"? people forwarded me some of his notes and it looks more just like graph theory. (could be wrong on this)\""}
{"_id": "550247", "title": "", "text": "/runs back to his safe space, where it's all winning, all the time!  Where it's cool to unironically use ((())) and act like it's not repugnant as fuck.  Holy shit I just saw your last hour of comment history.  What a fucking winner!  Posting Ann Coulter shit and Hillary hatred.  HAHAHAHHAHA.  It's August of 2017, and you are cringe personified."}
{"_id": "550252", "title": "", "text": "\"Invest in productive assets and by that I mean companies.  Edit: I'll elaborate on \"\"productive assets\"\": any asset that produces something; whether it produces cash or a commodity, you'll automatically accumulate more of its byproduct in the future. The rest is self explanatory\""}
{"_id": "550264", "title": "", "text": "I can verify this as well, my password is on there and I use LinkedIn, though it does look like it is an older form of the password I used to use, meaning that this is at least a month old, I forgot exactly when I changed my password, but it was recent."}
{"_id": "550274", "title": "", "text": "If you've got the money to pay the bill today, do it. They are giving you a 25% discount if you do. You won't find an investment that will beat that.  Let's look at the details of your scheme.  Instead of paying $1696 today, you decide that you will pay $2261 over 60 months, or $37.68 per month.  You also decide to invest $1696 today, and expect to get 6% return each year. Your investment gets you $102 each year, but you have to pay taxes on that.  If you are in the 25% tax bracket, you only keep $76 (ignoring state taxes).  In addition, the loan is costing you $452 in payments each year. At the end of the 5 years, you will have paid $2261 to the hospital, and your $1696 investment will be worth about $2123 after taxes. Instead, let's say that you paid the hospital $1696 today, and invested the $37.68 per month.  At the end of 5 years, assuming the same 6% growth and 25% tax bracket, your investment will be worth $2552. In order for you to come out ahead by investing today and paying off the hospital over time, you would need to get at least a 17% growth on your investment.  If you are ignoring taxes, then the number you need to hit is at least 13%. Conclusion: You will come out ahead by paying the hospital today, and investing the monthly payment plan that you avoided. (Note: Bankrate has a very handy investment calculator that makes it easy to calculate returns on a monthly investment.) Now, let's look at the ethics of the situation.  Assume that you were able somehow to find an investment with a guaranteed return high enough to come out ahead with your plan.  Should you do it? The hospital has provided you a service, and you owe the money.  As a public service to people that cannot pay the bill, they allow people to pay off the bill over time at no interest.  However, you are not one of these people.  You have the money to pay.  It is not ethical, in my opinion, to use the hospital's money to invest and try to profit."}
{"_id": "550300", "title": "", "text": "And the Zombie rating agencies rise from the dead.  Its an old game plan . .when something really bad is about to happen in the US economy, the Rating agencies come out and start to downgrade sovereign ratings.  Nah . . .nothing is going to take away from the fun of the Fed unwinding its worthless crap."}
{"_id": "550303", "title": "", "text": "\"Small community banks are absolutely vital to our economy. Plenty of people these days talk about \"\"buying local,\"\" but you never hear them talking about banking local. My friends, for the most part, lean left of center politically, so they constantly complain about Wal-Mart and other large brick and mortar chains, but when I called them out on their banking by asking them to pull out their debit cards, they all banked with larger banks; Chase, PNC, Key; the only person (beside myself) who didn't bank with a large national/multi - national bank uses Huntington, which is still a very large regional bank with over $100 billion in assets. They said they didn't want to have to pay ATM fees, to which I responded that many community banks will reimburse the customer for those fees up to a certain amount (like my bank does.) They just shrugged and said they liked the convenience of it, so I asked them why do they think people shop at Wal-Mart? I didn't really get a good answer to that; they just said \"\"it's different.\"\"  The best way to invest in your community is to bank with a local community bank. Those mom and pop shops you love so much; the plumber who lives down the street; the micro brewery that just opened up all do their banking with the local community bank.\""}
{"_id": "550314", "title": "", "text": "\"Your broker will charge you commissions and debit interest on your \"\"overdraft\"\" of $30,000. However it is very likely that your contract with the broker also contains a rehypothecation clause which allows your broker to use your assets. Typically, with a debt of $30,000, they would probably be entitled to use $45-60,000 of your stocks. In short, that means that they would be allowed to \"\"borrow\"\" the stocks you just bought from your account and either lend them to other clients or pledge them as collateral with a bank and receive interest. In both cases they will make money with your stocks. See for example clause #14 of this typical broker's client agreement. Applied to your example: In other words they will make $60 + $450 + $1,800 = $2,310 the first year. If the stock is expensive to borrow and they manage to lend it, they will make a lot more. There are by the way a few important consequences:\""}
{"_id": "550319", "title": "", "text": "This depends on a lot actually - with the overall being your goals and how much you like risk.   Question: What are your fees/commissions for selling? $8.95/trade will wipe out some gains on those trades. (.69% if all are sold with $8.95 commission - not including the commission payed when purchased that should be factored into the cost basis) Also, I would recommend doing commission free ETFs.  You can get the same affect as a mutual fund without the fees associated with paying someone to invest in ETFs and stocks. On another note: Your portfolio looks rather risky.  Although everyone has their own risk preference so this might be yours but if you are thinking about a mutual fund instead of individual stocks you probably are risk averse. I would suggest consulting with an adviser on how to set up for the future.  Financial advice is free flowing from your local barber, dentist, and of course StackExchange but I would look towards a professional. Disclaimer: These are my thoughts and opinions only ;) Feel free to add comments below."}
{"_id": "550332", "title": "", "text": "&gt; trump supporters went and decided they can now get a job now that obama isn't in office, that's exactly what I'm saying.   Huh? You have no idea what you are even trying to say.  &gt; I'll put money on the fact more doctors and teachers being hired have nothing to do with trump taking office.  Don't bet on this!"}
{"_id": "550339", "title": "", "text": "\"Yes you should worry and take care not to violate the law or provide any appearance of impropriety.   Every bank in the USA is required under the Bank Secrecy Act to report cash transactions over $10,000 the same day to the IRS -- and here's the fun secret part -- without notification to the depositor.   But splitting the deposits up into smaller amounts is also a crime, called \"\"structuring\"\".   On occasion there is a news story where a retail business that naturally must deposit cash from customers will be (falsely?) accused of structuring, e.g.:  Feds seize grocery store's entire bank account -- Institute for Justice defends grocer Under the legal doctrine of civil asset forfeiture, your money can be accused of a crime, seized, and tried separately from its owner.  The actual cases indicate the money as defendant, i.e. \"\"US v $124,700\"\" In this somewhat bizarre system of \"\"justice\"\", the owner need not be charged with a crime, and is not in immediate peril of going to prison (about the only upside in this, but might be temporary because the authorities haven't charged the owner yet).  When only the money is charged with a crime, there is no requirement for the government to supply a public defender for the owners who can not afford a lawyer.... can not afford a lawyer, because the government took all their money....\""}
{"_id": "550345", "title": "", "text": "Salaries and etc are a business expense and chargeable against revenue for tax purposes.  It is NOT tax deductible but it is an expense on an income statement in calculating net profit (after tax).  You could say salary &amp; etc are tax effective but not tax deductible."}
{"_id": "550360", "title": "", "text": "[Craig Morganson](http://www.craigmorgansonreports.com/) agrees that it might be beneficial to look around your property and do an evaluation. Do you drink a great deal of bottled water? Those plastic bottles are an environment killer. Contemplate instead putting in a purification unit on your own faucet \u2013 these are very inexpensive."}
{"_id": "550374", "title": "", "text": "It really depends on the client though. A large listed company that suddenly changes from a Big 4 auditor to a much smaller one is quite suspect.  Sure some Big 4 partners can just sign off with their eyes closed but if something goes wrong, I can guarantee you that the other partners would be more than happy to kick them out.  Auditors generally aren't reluctant to give an unqualified opinion. It's just that when they do, it normally means that the client is so far gone it's not worth dealing with them anymore. If your client refuses to change his accounts and you worry he will drag you and your multi million dollar business down, thats when the unqualified opinion comes in."}
{"_id": "550397", "title": "", "text": "\"The thing about the Swiss banks is that the accounts there were \"\"anonymous\"\", that's why it's such a famous example. Until not so long ago, the access to the account was by a password, and no-one knew whose account it is and to whom the money belongs. That's perfect for money laundering and various illegal activities (like hiding bribe money, stolen money, evading taxes and what not). The US pressured Swiss to cancel that policy, and now the Swiss banks are basically the same as everywhere else (there are other off-shore places that still allow similar anonymous accounts, I think). Having an account abroad is usually legal (depends on the country of your citizenship of course, I think in Canada there's no law against that, certainly not in the US), as long as you declare everything and the owners of the accounts are not anonymous, and their ID's were verified by the bank. By the way, one of the former Israeli Prime Ministers, Itzhak Rabin, had to resign his post because journalists found out that his wife had a bank account in the US. In that time (late 1970's) it was illegal for Israeli citizens to have accounts in foreign banks. Similar laws were in the USSR, and most (if not all) of the Eastern block. All of these countries no longer forbid foreign bank accounts.\""}
{"_id": "550410", "title": "", "text": "No, the expense ratio would be something you wouldn't be charged. If you bought shares of the ETF long, then the dividends are usually reduced by the expense ratio if you wanted to know where to find that charge in general. You would have to make up for any dividends the underlying stocks as part of general shorting since the idea is that once you buy to put back the shares, it has to appear as if they weren't missing in the first place. No, the authorized participant would handle changes to the underlying structure if needed."}
{"_id": "550420", "title": "", "text": "\"As I understand it, if the \"\"borrower\"\" puts a down payment of 20% and the bank puts down 80%, then the bank and the \"\"borrower\"\" own the home jointly as  tenants in common with a 20%-80% split of the asset amongst them. The  \"\"borrower\"\" moves into the home and pays the bank 80% of the fair rental  value of the home each month.  {Material added/changed in edit: For the purposes of illustration, suppose that the \"\"borrower\"\" and the bank agree that the fair rental per month is 0.5% of the purchase cost. The  \"\"borrower\"\" pays 80% of that amount i.e. 0.4% of the purchase cost  to the bank on a monthly basis.  The \"\"borrower\"\" is not required to do  so but may choose to pay more money than this 0.4% of the purchase cost each month, or pay some amount in a lump sum. If he does so, he will own a larger percentage of the house, and so future monthly payments will be a smaller fraction of the agreed-upon fair rental per month. So there is an incentive to pay off the bank.} If and when the house is sold, the sale price is divided between \"\"borrower\"\" and bank according to the percentage of ownership as of the date of sale. So the bank gets to share in the profits, if any. On the other hand, if the house is sold for less than the original purchase price, then the bank also suffers in the loss. It is not a case of a mortgage being paid off from the proceeds and the home-owner gets whatever is left, or even suffering a loss when the dust has settled; the bank gets only its percentage of the sale price even if this amount is less than what it put up in the first place minus any additional payments made by the \"\"borrower\"\". I have no idea how other costs of home ownership (property taxes, insurance, repair and maintenance) or improvements, additions, etc are handled. Ditto what happens on Schedule A if  such a \"\"loan\"\" is made to a US taxpayer.\""}
{"_id": "550440", "title": "", "text": "This is an excellent question; kudos for asking it. How much a person pays over spot with gold can be negotiated in person at a coin shop or in an individual transaction, though many shops will refuse to negotiate.  You have to be a clever and tough negotiator to make this work and you won't have any success online. However, in researching your question, I dug for some information on one gold ETF OUNZ - which is physically backed by gold that you can redeem.  It appears that you only pay the spot price if you redeem your shares for physical gold: But aren't those fees exorbitant? After all, redeeming for 50 ounces   of Gold Eagles would result in a $3,000 fee on a $65,000 transaction.   That's 4.6 percent! Actually, the fee simply reflects the convenience premium that gold   coins command in the market. Here are the exchange fees compared with   the premiums over spot charged by two major online gold retailers: Investors do pay an annual expense ratio, but the trade-off is that as an investor, you don't have to worry about a thief breaking in and stealing your gold."}
{"_id": "550450", "title": "", "text": "\"So your argument is \"\"I don't have an argument, it's just the way it is, deal with it.\"\"  That is equivalent to admitting that /u/tac1776 is correct. Because he's arguing over what ought, not over what is. Two different questions. \"\"What is moral?\"\" is a different question than \"\"What is the status quo presently/What is possible?\"\"\""}
{"_id": "550457", "title": "", "text": "\"Outstanding principal balance is the amount you owe at any given time, not including the amount of interest you need to pay as soon as possible. The \"\"capitalized interest\"\" shown is consistent with an average of 13.5 months between when each dollar is borrowed and when the repayment period begins. Suppose you borrow the first half of the money on September 1, 2017 and the second half of the money on February 1, 2017 (5 months later).  At that point, half the money has been accruing interest for 5 months.  On January 1, 2018, half the money accrued interest for 16 months, and half the money accrued interest for 11 months.  The lender now expects you to start repaying the loan, with the first payment due at the end of January 2018 or the beginning of February 2018.  If you make the minimum payments on time, the lender expects you to make 120 monthly payments.  The last monthly payment would be at the end of December 2027 or the beginning of January 2028. The lender (or the website) should provide details about the actual payment plan, grace periods, provisions for handling inability to pay due to unemployment, and other terms. In the United States, most installment loans pretend that (for purposes of calculating interest) every month has 30 days -- even February and July!  Each month, 1/12 of the \"\"annual percentage rate\"\" (APR) is charged as interest.  If you do the compounding, a 6.8 percent APR corresponds to (1 + 0.068 / 12)^12 - 1 = 7.016 percent \"\"annual percentage yield\"\" (APY). Also, the APR is understated.  The 6.8 percent applies to the full balance (including the loan fees), even though the borrower only gets the amount minus the loan fees.  The 6.8 percent rate is useful for doing calculations after the loan fees have been charged, though.  These calculations include the capitalized interest and the monthly payment amounts. A true calculation of the APR would take the loan fees into account, and give a higher number than 6.8 percent.  But the corrected APR would not be useful for calculating the capitalized interest, nor for calculating the monthly payment amounts.\""}
{"_id": "550468", "title": "", "text": "No, if you are taking a loss solely and purely to reduce the tax you have to pay, then it is not a good strategy, in fact it is a very bad strategy, no matter what country you are in. No investment choice should be made solely due to your tax consequeses. If you are paying tax that means you made a profit, if you made a loss just to save some tax then you are loosing money. The whole point of investing is to make money not lose it."}
{"_id": "550471", "title": "", "text": "Absolutely. It's the way credit is calculated. The most important things here are credit utilization (how much of your open credit you're using, the less the better for your score) and and length of open credit. The longer you've had a credit card, the more it helps your score. If you use your card and pay it off before the bill comes, the credit card company still knows you're using the card and won't close it. I recommend you download credit karma so you can track your score and learn more about how credit is calculated."}
{"_id": "550477", "title": "", "text": "\"Perhaps they all started betting on a downturn too early? Much of the whispers I've been hearing for the last year from \"\"smart money\"\" people have been about being at a peak. Peak of what, they can't tell you. But i dunno because negative 7 percent when your benchmark is up 10 must be not fun to report\""}
{"_id": "550489", "title": "", "text": "Yes, I think the undergrad books alone are sufficient to get a general understanding. On the other hand, I would never discourage someone from pushing themselves and you may find reading the grad level books to be quite stimulating. If you're considering grad school sometime in the future then it will also help you get oriented to the language used in those settings.  Hull's book is definitely on the less-dry side of material I've read too (well, at least no more dry than the subject matter itself lol), so that shouldn't be an issue.  Try the grad book!"}
{"_id": "550496", "title": "", "text": "Keeping a receipt does allow you to verify that the expected amount was charged/debited it also can help when you need to return an item.  Regarding double charging, the credit card companies look for that. If the same card is used at the same vendor for the same exact amount in a short period of time the credit card company will flag the transaction. They assume either a mistake was made, or fraud is being attempted. The most likely result is that the transaction is denied.  A dishonest vendor can write down the card number, expiration date and CVV number. Then after you leave make up a new transaction for any amount they want. You of course wouldn't have a paper receipt for this fraudulent transaction. The key is reviewing your transaction history every few days: looking for unexpected amounts, locations, or number of transactions."}
{"_id": "550500", "title": "", "text": "Summarized article: Japan opened it's first cuddle cafe on September 25, 2012.  Soineya (in English, the 'sleep together shop') is located in Tokyo's electronics district, which is also the birthplace of the maid cafe.  The 'co-sleeping specialty shop' allows patrons to lay in bed with a girl from 20 minutes to up to 10 hours.  During a standard visit, the customer and girl simply nap in the same bed.  However, for an additional 1000 to 2000 yen the customer can request the following optional services from his companion:  - sleep in girl's arms - be patted on the back by girl - pet girl on the head - stare at her - have her change clothes - give customer a foot massage - receive a foot massage from customer - customer sleeps with head in girl's lap - girl sleeps with head in customer's lap  Admission fee to enter Soineya is 3000 yen (about $46 USD).  The Cuddle Cafe employs women ranging from high school age to their 30s.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "550525", "title": "", "text": "My understanding is that the CRSP database is used in conjunction with Capital IQ.  All the financial information you need will be in the Capital IQ database.  As far as filtering, all you need to do is set up a series of IF statements. I am not familiar with the database so I cant help you, but you should have ample resources at your university to help you as the filters you are trying to do are pretty straight forward."}
{"_id": "550526", "title": "", "text": "That plan wouldn't save you any money because tax brackets don't work that way. All of your earnings up to each level are taxed at that rate. You aren't taxed at the highest rate on all of the money. In your example you pay... If you reduce your income to $37,4000 you pay...   In the end you'd be spending $100 to save $20. The only way you conceivably come out ahead by donating to charity (not counting the good karma for doing so) is if you own the charity and it is a way for you to funnel money to yourself and write it off."}
{"_id": "550556", "title": "", "text": "\"I figured as much! Couldn't help but chuckle as I'd never heard this interpretation of their name. Honestly, as a kid (and for reasons unknown), I thought it was Carson 'Pine' Scott... Not a fan of these particular department stores myself, but FWIW the chain is called \"\"Carson Pirie Scott &amp; Co.\"\"\""}
{"_id": "550557", "title": "", "text": "The underlying condescension of this article is palpable. I would imagine that given any lack of compulsory regulation, that Americans are using whatever means of payment that suits them.  There's always this assumption that Americans are the most backwards people around. And Americans are always willing to just sit there and willingly and unquestionably imbibe the yokel-dom status ascribed to them by these elitists. I'm calling bullshit on this one."}
{"_id": "550558", "title": "", "text": "\"If you \"\"have no immediate plans for the money and will probably not return to Switzerland for a long time or at all\"\" then it might be best just to exchange the money so then you can use/invest it in the UK.   Maybe keep a bill or two for memory-sake - I do that whenever I travel to a foreign country.\""}
{"_id": "550570", "title": "", "text": "\"This is a technical term referring to the \"\"double entry\"\"-styled book keeping of trades by brokers. Suppose a client executes a buy order with their broker.  The broker's accounting for this \"\"trade\"\" will be recorded as two different \"\"deals\"\" : One \"\"deal\"\" showing the client as buyer and the broker as seller, and a second \"\"deal\"\" showing the broker as buyer and the clearing house as seller.  The net result of these two deals is that the broker has no net position while the client has a net buy and the clearing house has a net sell with respect to this broker's account as accounted for internally by the broker. (And the same methods apply for a client sell order.) The client/broker \"\"deal\"\" record - i.e., the client side of the trade - is called the \"\"client side booking\"\", while the broker/clearing house \"\"deal\"\" record is called the \"\"street side booking\"\".\""}
{"_id": "550577", "title": "", "text": "That is right, and instagram is okay with that.  They don't make anything on user advertisement.  Why would they want to host it?    Most instagram users consume content but don't post ads themselves.  That's the bulk of instagram's ad revenue."}
{"_id": "550579", "title": "", "text": "I'm sorry for your struggle man, and sorry for being so biased in my view. I personally only see the bodies that come into the morgue at the ME's office and I feel so helpless with what I can do besides process them and take samples.  Good on you for keeping your regiment strict, and I wish you the best!"}
{"_id": "550581", "title": "", "text": "\"In addition to the two options in your question - pay off the entire loan, depleting your emergency fund; or continue as you are today - there is a third, middle-ground option that might be worth considering. Since you currently have an emergency fund, zero credit card debt, and you stated \"\"we can afford these expenses\"\", I think I'd be correct to assume that you're currently making regular contributions to either the emergency fund itself, or to another savings account, etc. Temporarily stop making those contributions, and divert those funds to make larger payments towards the upside-down loan. The additional amount will all be applied to the loan principal, reducing the interest you'll have to pay, but you'll avoid the risk of depleting the emergency fund. Additionally, the insurance premium may possibly be avoided, as in many places in the world it's possible to de-register the car (for example, in California, USA, you can submit an affidavit of Non-Use) then terminate the insurance on it. However, the car will likely have to be parked off-street (or in a location such as a private road governed by rules that do not include legal registration requirements).\""}
{"_id": "550587", "title": "", "text": "The check is from your credit card company.  Whose ever the money is, it is certainly not the credit card company's, and they know that.  This is why they cut the check to you.  You should definitely cash the check (or deposit it into your bank account).   You've tried to contact the mattress store multiple times, and they aren't responding.  At some point, you've got to say that you've done everything that you could to do the right thing.   Now, keep in mind that at some point in the future, the mattress store may come back to you and ask for the money back.  If I were you, I would not spend this money for quite some time.  Put it away in a savings account (maybe add it to your emergency fund).  Then if they come back in the future looking for money, you can easily write them a check.  You probably also want to keep some documentation on what you've done already to try to give the money back to them, just in case for some reason they try to claim that you owe them some interest or something like that."}
{"_id": "550588", "title": "", "text": "\"I think history is repeating itself. Remember when Apple was \"\"better\"\" than the PC b/c it just worked in the 80's. But then what happened over time? The PC took over b/c it was an open platform. The fact that it didn't just work proved to be an asset in the long run. I see the same thing happening with smart phones and tablet. Sure, the iphone/ipad just work and android devices crash here and there, just like PC's back in the day, but I think history will repeat itself and the very thing that makes the iphone/ipad successful will ultimately be its undoing. Same old shit.\""}
{"_id": "550621", "title": "", "text": "Can't anyone start a search engine or social network and become bigger than all the other ones? If so, it's not monopoly.  Can I hire another security department to take care of me and my family besides governement police? No, so it's monopoly.  Do you know what monopoly is?"}
{"_id": "550624", "title": "", "text": "Keep in mind a good lawyer will have the contract cover the five D's: Its really best to lay these things out ahead of time.  I watched, first hand, two friends start a business.  When they were broke and struggling the worked very well together.  Then the money started rolling in.  Despite exceeding their dreams they were constantly at each other's throats fighting and bickering over stupid stuff.  In the end, because they had decent legal docs, they both were able to pull money out of the business.   Had that not been worked out they would have destroyed the business so that no one would have profited."}
{"_id": "550637", "title": "", "text": "Inflation of the type currently experienced in Argentina is particularly hard to deal with.  Also, real estate prices in global cities such as Buenos Aires and even secondary cities have grown significantly.  There are no full solutions to this problem, but there are a few things that can really help."}
{"_id": "550642", "title": "", "text": "If annualized rate of return is what you are looking for, using a tool would make it a lot easier.   In the post I've also explained how to use the spreadsheet.   Hope this helps."}
{"_id": "550643", "title": "", "text": "If you can afford the cost and risk of 100 shares of stock, then just sell a put option.  If you can only afford a few shares, you can still use the information the options market is trying to give you -- see below. A standing limit order to buy a stock is essentially a synthetic short put option position. [1]  So deciding on a stock limit order price is the same as valuing an option on that stock. Options (and standing limit orders) are hard to value, and the generally accepted math for doing so -- the Black-Scholes-Merton framework -- is also generally accepted to be wrong, because of black swans. So rather than calculate a stock buy limit price yourself, it's simpler to just sell a put at the put's own midpoint price, accepting the market's best estimate. Options market makers' whole job (and the purpose of the open market) is price discovery, so it's easier to let them fight it out over what price options should really be trading at. The result of that fight is valuable information -- use it. Sell a 1-month ATM put option every month until you get exercised, after which time you'll own 100 shares of stock, purchased at: This will typically give you a much better cost basis (several dollars better) versus buying the stock at spot, and it offloads the valuation math onto the options market.  Meanwhile you get to keep the cash from the options premiums as well. Disclaimer: Markets do make mistakes.  You will lose money when the stock drops more than the option market's own estimate. If you can't afford 100 shares, or for some reason still want to be in the business of creating synthetic options from pure stock limit orders, then you could maybe play around with setting your stock purchase bid price to (approximately): See your statistics book for how to set ndev -- 1 standard deviation gives you a 30% chance of a fill, 2 gives you a 5% chance, etc. Disclaimer: The above math probably has mistakes; do your own work.  It's somewhat invalid anyway, because stock prices don't follow a normal curve, so standard deviations don't really mean a whole lot.  This is where market makers earn their keep (or not). If you still want to create synthetic options using stock limit orders, you might be able to get the options market to do more of the math for you. Try setting your stock limit order bid equal to something like this: Where put_strike is the strike price of a put option for the equity you're trading.  Which option expiration and strike you use for put_strike depends on your desired time horizon and desired fill probability.  To get probability, you can look at the delta for a given option.  The relationship between option delta and equity limit order probability of fill is approximately: Disclaimer: There may be math errors here.  Again, do your own work. Also, while this method assumes option markets provide good estimates, see above disclaimer about the markets making mistakes."}
{"_id": "550646", "title": "", "text": "Easy for someone who knows absolutely nothing about business to say like yourself.   Are you going to pay for the lawsuit from an injury or death?   Don't try to tell me these weed smokers only do it occasionally. They're usually daily smokers and losers."}
{"_id": "550647", "title": "", "text": "Not only what you mentioned about the tax deductions, but cutting marketing expenses is potentially dangerous advice. Evaluating your marketing efforts and making adjustments that make sense for your business seems to be a much better bit of advice."}
{"_id": "550648", "title": "", "text": "Mortgage rates tend to track the yield on the 10-year Treasury note. The CBOE Interest Rate 10-Year T-Note, TNX, is a security directly related to this rate. Divide the CBOE price of TNX by 10 to get the yield.  One can also track the  10Y T-Note yield at yahoo finance using ticker symbol (^TNX).   One can also track the  10Y T-Note yield at yahoo finance using ticker symbol (^TNX)."}
{"_id": "550661", "title": "", "text": "Google will be issuing Class C shares (under the ticker symbol GOOCV) to current GOOG holders in the beginning of April.  The Class C shares and Class A shares will then change symbols, with the Class C shares trading under GOOG.  This was announced on January 30th.   Details are in this benzinga article: Projected Trading Timeline March 27 - April 2 Record Date - Payment Date Class C shares commence trading on March 27 as GOOCV on a when issued basis Class A shares continue to trade as GOOG, with entitlement to Class C shares Class A shares will also trade on an ex-distribution basis, without entitlement to the Class C shares, as GOOAV April 3 EX Date The ticker for the Class A shares will change from GOOG to GOOGL The ticker for the Class C shares will change from GOOCV to GOOG and commence regular way trading The ticker for the Class A shares that traded on an ex-distribution basis - GOOAV - will be suspended"}
{"_id": "550664", "title": "", "text": "Google has a tool for comparing credit cards. My suggestion would be for a simple, no-annual fee cash back card. Points can be a hassle to redeem, and like they say, cash is king. Assuming you have the credit score for it, Citi Double Cash is a good choice."}
{"_id": "550691", "title": "", "text": "They launched in the Mississippi Delta? the fucking delta?! Gotta be in Tunica, maybe clarksdale, but what a weird place for them to even give a shit about. That's the poorest, farm country in the poorest state. Gotta be a better way to use his brand."}
{"_id": "550692", "title": "", "text": "\"That's because there are 14+ million Americans out there who have been dropped off the roles, but still apply in the hundreds for most jobs.    Corporations are still trying to squeeze costs in this non-recovery \"\"recovery\"\", so wages continue to suffer.\""}
{"_id": "550741", "title": "", "text": "The correct, legal way to handle this would be to file an amended return for that year (probably best to talk to a CPA).   If you don't have the 1099, the IRS has a process to handle that here.  It sounds like they would just try to contact the employer themselves, but it doesn't say exactly what would happen if the employer is out of business."}
{"_id": "550768", "title": "", "text": "In Canada, when doing a debit transaction there can be the option to select which account the transaction is to be performed that would be where you'd have the choice to select a savings account. Some banks may offer interest on a chequing account if certain conditions are met.  I remember seeing once that there was a minimum balance of $1,000 at all times and a few other things that may make it less than worthwhile for the low rate offered. Another possibility is to see if your bank will automatically transfer funds from savings to main if needed.  I've had this happen a few times where money would be transferred in so I could have a purchase or cheque go through."}
{"_id": "550775", "title": "", "text": "You will get periodic statements from the bank telling you about interest paid and your current balance. You should be fine unless you plan on becoming lost yourself. If you're worried about losing your mind, back it up somewhere."}
{"_id": "550783", "title": "", "text": "I would stay away from the Actively Managed Funds.  Index funds or the asset allocation funds are your best bet since they have the lowest fees.  What is your risk tolerance?  How old are you? I would suggest reading:"}
{"_id": "550785", "title": "", "text": "Depends on your contract, cash or shares delivered? If shares, then you get 5     BIG shares. Theres no longer any options. If you sell instantly, theoretically you will net the $10 difference + profit above strike. If cash, same thing just that you get cash $50 less strike.  Applies to cash and stock deals Options are binary, never pro-rated. if converted, basically you end up with BIG shares."}
{"_id": "550791", "title": "", "text": "1) Comcast has been paid for the traffic as well.  Why should Level3 pay all of it?  2) One of the transit companies did offer to pay for one of the ISPs equipment upgrads (I think it was Cogent and AT&amp;T?), and were refused.  3) Ultimately, Comcast's network requested huge amounts of traffic from Level3's network, and Comcast wanted to charge Level3 for that privilege."}
{"_id": "550801", "title": "", "text": "\"&gt; There is nothing stopping you from doing a city/country/state proposition (laws vary).   Sure there is.  Corporate lobbyists, FOX News, the Tea Party, and many others have demonized the word \"\"union\"\" to the point that the Wal-Mart workers will refuse to fight for their own benefit.  It's like pushing on rope; there's no concerted effort.  I can get all my \"\"lefty\"\" friends to agree on this, but if the Wal-Mart workers don't do the heavy lifting themselves, it's a non-starter.  &gt; Flailing at Walmart isn't a solution.  Pointing out what I perceive to me immoral behavior isn't \"\"flailing\"\".  But true enough, posting on Reddit won't exactly change things.  Neither will what you suggest.  Unfortunately, it will take a lot more pain in this country for people to realize the system they support is working against them.  Another decade?  More?  Hard to say.\""}
{"_id": "550804", "title": "", "text": "Beware if injured on the job they will not add per diem to your wages meaning you make less and your wc benefits will be less !!"}
{"_id": "550808", "title": "", "text": "Unless the hypothetical fellow is immune to disease, and indestructible, with no risk of injury, the HSA is an ideal place for this money.  It offers a pretax deposit, and if used for medical expenses, a tax free withdrawal. This combination can't be beat for those who have the medical insurance that qualifies them for the HSA."}
{"_id": "550813", "title": "", "text": "I haven't had a credit card in fifteen years. I use nothing but my debit card. (I find the whole idea of credit on a micro scale loathsome.) I have yet to encounter a single problem doing so, other than a lower than usual credit score for not keeping 23(!!!) revolving lines of credit open, or that's the number CreditKarma tells me I need in order to be an optimal consumer. In an nutshell, no, you don't NEED one. There are reasons to have them, but no."}
{"_id": "550824", "title": "", "text": "It's important to realize that any portfolio, if sufficiently diversified should track overall GDP growth, and anything growing via a percentage per annum is going to double eventually. (A good corner-of-napkin estimate is 70/the percentage = years to double). Just looking at your numbers, if you initially put in the full $7000, an increase to $17000 after 10 years represents a return of ~9.3% per annum (to check my math $7000*1.09279^10 \u2248 $17000). Since you've been putting in the $7000 over 10 years the return is going to be a bit more than that, but it's not possible to calculate based on the information given.  A return of 9.3% is not bad (some rules of thumb: inflation is about 2-4% so if you are making less than that you're losing money, and 6-10% per annum is generally what you should expect if your portfolio is tracking the market)... I wouldn't consider that rate of return to be particularly amazing, but it's not bad either, as you've done better than you would have if you had invested in an ETF tracking the market. The stock market being what it is, you can't rule out the possibility that you got lucky with your stock picks. If your portfolio was low-risk, a return of 9%ish could be considered amazing, but given that it's about 5-6 different stocks what I'd consider amazing would be a return of 15%+ (to give you something to shoot for!) Either way, for your amount of savings you're probably better off going with a mutual fund or an ETF. The return might be slightly lower, but the risk profile is also lower than you picking your stocks, since the fund/ETF will be more diversified. (and it's less work!)"}
{"_id": "550835", "title": "", "text": "There are two Aldi's: Aldi Nord and Aldi S\u00fcd. Both are based in Germany and are completely separate companies, with Aldi Nord operating the Northern half and Aldi S\u00fcd operating in the southern half. The reason that there are two is because the brothers who founded Aldi disagreed over whether or not their stores should sell cigarettes. So in 1960 they split the company and agreed to not compete in each other's territory.   Aldi S\u00fcd is the Aldi that we have in the US while Aldi Nord is the Aldi that owns Trader Joe's"}
{"_id": "550847", "title": "", "text": "\"Right now we're producing enough food feed everyone on the planet 5359 kcal per day ([FAO](http://www.fao.org/docrep/015/i2490e/i2490e03a.pdf)), around twice of what they need. In the US we're throwing away around 40% of the food we produce, and we're not using all available land, haven't even tried optimizing land use, and not all land used for animal farming is usable for growing crops.  And meat isn't a problem for emissions, I posted this in [another thread](https://www.reddit.com/r/Documentaries/comments/558vdq/trailer_before_the_flood_2016_documentary_movie/d89jvuu/):  ---  Global GHG emissions from animal agriculture, including deforestation, is just 14.5% ([FAO/IPCC](http://www.fao.org/news/story/en/item/197623/icode/)). And in the US where you don't have deforestation issues *all* agriculture, including crops grown for human consumption, is just 8.1% of emissions:  &gt; In 2012, emission sources accounted for in the Agricultural chapters were responsible for 8.1 percent of total U.S. greenhouse gas emissions.  *Environmental Protection Agency*, [\"\"Sources of Greenhouse Gas Emissions, Agriculture\"\"](http://www.epa.gov/climatechange/Downloads/ghgemissions/US-GHG-Inventory-2014-Chapter-6-Agriculture.pdf).  The 2015 draft also shows that this is declining, as a percentage, to 7.6% ([chapter 5](http://www.epa.gov/climatechange/pdfs/usinventoryreport/US-GHG-Inventory-2015-Chapter-5-Agriculture.pdf)).  Meanwhile we have 31% from electricity and another 27% from transportation:  [Sector emission chart](http://imgur.com/r9qavFg)  *EPA,* [\"\"Sources of Greenhouse Gas Emissions\"\"](http://www3.epa.gov/climatechange/ghgemissions/sources.html).  Switching to clean energy, solar/wind/nuclear, and moving to alternative fuels would make a huge impact and address the actual problem far more efficiently. Blaming animal agriculture is just a [red herring](https://en.wikipedia.org/wiki/Red_herring) pushed by groups with other motivations than climate change, it's not based on actual science.\""}
{"_id": "550849", "title": "", "text": "Grew up in the 90's for my teen years. Spent every weekend at the Mall (think Fast Times at Ridgemont High).  My teen kids have no clue where the mall is...and no desire to go.  We live near the first indoor mall in the US - Cherry Hill Mall in NJ.  Still very well stocked with all of the major retailers and well maintained."}
{"_id": "550860", "title": "", "text": "I think their problem is quality control. I'm a big fan of exactly _one_ BW3's. Because I like it so much, I try others, and am always disappointed. Dry burgers. Warmed-over wings with Wild sauce added atop whatever was there before. Brown lettuce in the salad.  If the one location that I used to like to go to before moving away were the only BW3's I'd have ever visited, I'd be extolling the virtues of the chain. But God, so many of the other franchisees just can't run a restaurant."}
{"_id": "550872", "title": "", "text": "Absolutely.  But every society doesn't need a substantial percentage of its population to be only capable of menial work.       I'm only proposing reducing the total number of unskilled laborers with the idea that you can't and don't want to get rid of them all."}
{"_id": "550876", "title": "", "text": "I think a lot of highly educated people fall victim to keeping up with the joneses. Not everyone that is in their same position comes from the same background. For example, a co-worker with an MBA from Vanderbilt may have no student loan debt because his lawyer/doctor parents paid for it, while another co-worker with an MBA from University of Phoenix may be getting crushed with loan repayments.  However, assuming that they both make the same salary, one will look to the other to set an example of what houses/cars/other things people in this salary range buy. Salary and social pressures sometimes outweigh financially sound decisions."}
{"_id": "550879", "title": "", "text": "There would be small generic risk that the company stock goes down real fast by more than 15% in a specific event to the company [fraud, segment company operates suffers a shock, etc] or a generic event to the stock market like recent events of Greece etc."}
{"_id": "550888", "title": "", "text": "You have a point about businesses needing to answer legitimate demands, but Buffet is also making a good point. Greatly reducing the influence of private money in politics while increasing the government's ability to even out the incredible income and resource disparities are both necessary to improve the US as a whole."}
{"_id": "550890", "title": "", "text": "Nope.  The money spent on marijuana is being redirected from other vices such as alcohol, elicit drugs etc.  Economists have always overestimated the impact of new items and changes.  I'm certain we will see a revision sometime in '17 or '18 once they realize from where the money was redirected."}
{"_id": "550909", "title": "", "text": "\"Americans don't actually believe that there are no categories where other countries surpass them.  They believe that the unique mix of characteristics the country does have is the best mix available.  People who say \"\"The United States is the best country in the world\"\" aren't saying that every aspect of American life is better than every aspect of life in any other country in the world.  They're saying that they're willing to trade bad high schools for the best universities, that they would rather have a world-dominating GDP and a decent per capita than a world-dominating GDP per capita alone, that they would rather have New York City than Hong Kong.  They're pointing out that the infant mortality rate between first world countries is essentially equal, and that the rankings hide the fact that the differences are negligible.  They're not saying our health care system is better, that our public transportation is better, or even that our airlines are the most efficient.  They're saying that in the weighted matrix of categories, no country gets a better score *despite* getting high scores in many areas.  They're simply pointing out that their weight factors are different from yours.  The anti-Americanism that is most honest is that of people like the rulers of North Korea who say, honestly, they don't like America because it is so large and successful, and that they hate it when this success is used to further human rights.  But the more insipid and dishonest version doesn't recognize this, and attempts to hold up a straw man that Americans who say \"\"This is the greatest country on earth\"\" are stupid, toothless anti-intellectuals who honestly believe that there isn't a single statistic in which America doesn't top the world.  These Americans are imaginary.  They don't exist except in the imaginations of jealous masochists or as tiny fringe minorities in counties far removed from economic centers.  America is the great experiment of the Enlightenment.  It was the first country to be ruled by liberal democracy.  And it isn't threatened when others join in the wealth generation that the philosophy yields.  Indeed, they celebrate it.  They even go too far in trying to spread it.\""}
{"_id": "550924", "title": "", "text": "Ya small local banks effectively do not exist in Canada. We do however have a number of credit unions. I'm actually going to be defensive of the big five as they are actually well run (or rather well regulated). Our banking context is in many ways radically different up north."}
{"_id": "550925", "title": "", "text": "You can use an intermediary online bank account.  For example, ING Direct has the ability to link to other real banks.  You can link to both your old and new banks. Once linked, transfer the money from old bank to ING.  Then transfer from ING to new bank. There are delays, and you can't transfer directly from bank-to-bank, but this should work, and should be free. The same concept should apply for something like PayPal or another online financial service."}
{"_id": "550932", "title": "", "text": "Because it's the longest running bull market in history. And the recent surge is based on speculation that taxes will be lowered and regulations will be lifted. I don't think either will happen. The republican agenda is basically done until 2018. They've wasted all their political capital on the healthcare debacle and the Russia investigation."}
{"_id": "550939", "title": "", "text": "\"Most folks would loan out money for the purpose of being re-loaned.  Depositing money in the bank, is loaning the bank money who will re-loan it.  Buying bond based mutual funds is another way that it could be viewed that people are loaning money for the purpose of the money being re-loaned.  The reason why banks always have money available for withdrawal, is because of the reserve.  Fractional reserve banking in its simplest explanation, is that banks are allowed to take deposits and loan them out so long as they keep a set reserve.  If the reserve rate is 10% (it's really much lower), and somebody deposits $100, then the bank is allowed to loan out $90, keeping $10 as a reserve.  Now even with a reserve, a bank does run some risk of the deposits being withdrawn faster than the loans are paid back, this is called a run.  What protects banks most from this, is that deposits, withdrawals, loans, and loan repayments, all happen at a fairly steady and predictable rate (short term), so banks are able to judge how many loans they should give out.  Even when banks do see their reserve depleting, they have options.  The first and most common, is simply getting a loan from another bank.  The rule with the reserve, is that banks need to meet it at the end of the day, so banks will loan each other money overnight for the purpose of making up for the slight fluctuations that occur in a normal business day.  If you have ever heard the Fed talking about the \"\"overnight rate\"\" they are talking about the rate banks loan each other money for the night.  Another common way for banks to make up for a deficit in deposits, in a longer term solution,is to sell assets.  Fairly rare for a bank to sell actual physical assets, but the loans they hold are assets, and they can sell them to other banks.  Most banks will also hold some bonds that are available to sell.  The major functions that allow a bank to be profitable would still apply to the OP's idea.  The only real difference would be that commercial banks have direct access to the central banks, and the OP's idea would need to have a commercial bank to act as the middle man between the central bank.\""}
{"_id": "550992", "title": "", "text": "\"I can address what it means to \"\"pick off\"\" all those trades... As quantycuenta & littleadv have said, it is absolutely true that professionals \"\"prey\"\" on less-sophisticated market participants. They aren't in the market for charity's sake.  If you're not familiar with the definition of the word \"\"arbitrage\"\", look it up.  One possible strategy that can be employed with HFT machinery in order to arbitrage successfully in the stock market is to 'intercept' orders that are placed on various exchanges. In order to do this, an HFT organization watches all the transactions at once to find opportunities to buy low and sell high.  A good explanation of it is described here in this NY Times article; I'll paraphrase what that article lays out.  Stocks are traded through multiple exchanges The first key point to understand is that stocks listed on one exchange (i.e. the NYSE) can be sold on multiple exchanges. That's where the actual \"\"I would like to sell 100 shares of Ford stock\"\" is matched with \"\"I would like to buy 100 shares of Ford stock.\"\" There are multiple clearinghouses on the various exchanges. Your order gets presented to one exchange at a Time An ideal market maker would like to look at the order books for a given stock, say Ford, and see that in exchange A there's a sell order for 100 shares of F at $15.85, and in exchange B there's a buy order for 100 shares of F at $15.90.  Arbitrage Market maker buys from A, sells in B, and pockets $0.05 * 100... $5. It's not much, but it was relatively risk free. Also, scale this up to the scale of the US' multiple stock exchanges, and there are lots of opportunities to make $5 every second.  Computers are (of course) faster than people To tie it in completely with your question about 'picking off trades', HFT rigs can be set up and programmed to go faster than an average retail investor's order.  Let's say you execute the trade to buy 100 shares @ $15.85 as a retail investor. The HFT rigs see your order starting to make the rounds of the different exchanges that your brokerage works through, and go out in front in a matter of milliseconds, finding the orders that are less than $15.85 and less than or equal to 100 shares. They execute a transaction, buy them up, sell to you, and pocket the difference.  You have been \"\"picked off\"\".  It's admittedly not the only way to use HFT equipment to make money, but it's definitely one way to do it.\""}
{"_id": "551000", "title": "", "text": "I want to be a bit contrarian here. It may be true that to rebuild credit it helps to have credit, but it's not the most important thing. If your description of your wife's history is correct, the most important thing is to fix her tendency to 'spend out of control', especially on get-rich-quick schemes. She may well be on the way to fixing that, but in those circumstances every source of credit is a temptation to spend. Why put that temptation in her way? Whatever tiny postive effect having a credit card has on her credit score will be wiped out if in six months time she suddenly maxes out that card and can't pay it off. I don't want to play credit counsellor, and you should get some professional advice, but her credit score will improve by itself if she  takes on no new debt, pays off what she has, and cuts up any credit cards she owns."}
{"_id": "551003", "title": "", "text": "\"Rand Paul is an ideologue believer who makes his living as a politician pandering to other ideologue believers. He doesn't know shit about shit but will run his mouth non-stop *forever* talking about all the shit he doesn't know about because, as a politician, it is his job. Ignore the fool or believe him, either way he is irrelevant.  The \"\"Free Market\"\" is an ideal, abstract concept which has practically no value whatsoever as concerns real societies and their economies. There is no \"\"free market\"\" and never has been; it is a toy that theorists use when they want to push their theories off on gullible rich people who need justification/rationalization for their behaviors. Real economists examine the forces effecting market economies; the \"\"free market\"\" has no such forces to study. Why? Because the \"\"free\"\" in \"\"free market\"\" means that the market is free of such forces.\""}
{"_id": "551009", "title": "", "text": "Payday loan companies basically are banks (although they are incredibly terrible ones). Banks make money in two ways:  (1) They charge fees for services they provide (bank account fees, etc.); and (2) The interest rate differential: They borrow money from individuals and corporations (your savings account is essentially money you are loaning to the bank) for a small % paid to individuals, and then lend that money back to other people for a higher %. ie: You might earn 0.5% on your savings account, but then the bank takes that money and lends it to your neighbor for 2.5% as part of their mortgage. Payday loan companies make money in one way: They charge an enormous markup on money lent out to other people. The rates in some cases are so high (annualized interest rates of >1000% are not uncommon in countries without full regulation of this industry), that it barely matters where they get money from. They might get money from investors [who bought shares in the company, giving the company initial cash in the hope that they give dividends down the road], they might get money from other 'real' banks [who lend money just like they would lend money to any other business, with a regular interest rate], or they might have many from many other sources. They might even issue their debt publically, so that individuals could buy bonds from the company and receive a small amount of interest every year. The point is that the rates of return on the money leant by payday loan companies are so high, that the cost of where the money comes from is not terribly relevant."}
{"_id": "551029", "title": "", "text": "It is difficult to reconcile historical balance sheets with historical cash flow statements because there are adjustments that are not always clearly disclosed. Practitioners consider activity on historical cash flow statements but generally don't invest time reconciling historical accounts, instead focusing on balancing projected balance sheets / cash flow statements. If you had non-public internal books, you could reconcile the figures (presuming they are accurate). In regards to Mike Haskel's comment, there's also a section pertaining to operating capital, not just effects on net income."}
{"_id": "551037", "title": "", "text": "Agreed and that is definitely true. Slack can have a place and use that is strategically different that meetings, email, wikis, etc., but I think each has a purpose in their own right. I don't think incorporating multiple means of communication with different expectations is necessarily a bad thing."}
{"_id": "551040", "title": "", "text": "The latter. Simply because having some savings is always better than having no savings. Using a credit card in an emergency will always be an option (as long as you are paying off debt) but using savings earmarked for emergencies is better."}
{"_id": "551046", "title": "", "text": "Employment background check is an essential step for the companies before including any new member to their business. The process of employment background check is somewhat long, stressful and intense but the peace of mind it proffers to the employers is worth pleasurable since it is better to be safe than sorry. https://aretheysafe.co.uk/"}
{"_id": "551047", "title": "", "text": "We don't really have much to work with. I'm not going to recommend some advanced marketing strategies for you. Hell none for that matter. I think a very simple, doable, and effective strategy for you is to make yourself stand out.  Remember people do business with people, not corporations. Kind of lol. But interact with your customers as if they're more than customers. Be genuine, try and see things from their point of view. All of that goes a long way.  I don't know how similar your industry is, but when I look for somewhere to get a haircut I look at 3 things in order: Quality -&gt; Friendliness -&gt; Price. If you're a good barber, and you're easy and fun to talk to, I won't mind paying however much you charge."}
{"_id": "551052", "title": "", "text": "Or you just don't hear about it every time somebody gets sick after eating at a McDonald's or Arby's.  But now the media has a narrative that they know will get clicks if they run stories on people getting sick at a Chipotle."}
{"_id": "551064", "title": "", "text": "My firm has more than five thousand employees globally, and this is how we pay people, except for the very top directors. We were one of glassdoor's top firms to work for last year, and have scored extremely highly on lots of other rankings for being a top place to work. So clearly it works well, and trust me we have no problem recruiting."}
{"_id": "551067", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.thefiscaltimes.com/Columns/2017/06/16/Trillion-Dollar-Plan-Rebuild-World-Makes-China-New-Global-Leader) reduced by 91%. (I'm a bot) ***** &gt; While most of the world wonders nervously what&amp;#039;s next from the Trump White House, the confident China President Xi Jinping is shifting his bid for global leadership into a full-court press.  &gt; Across the Pacific, China is busy making friends and partners out of neighbors once nervous about its buildup in the South China Sea.  &gt; Nothing illustrates China&amp;#039;s ambitious drive to take its place as a global leader more dramatically than Xi&amp;#039;s &amp;quot;Belt and Road&amp;quot; project.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6i275s/a_trillion_dollar_plan_to_rebuild_the_world_makes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147457 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **China**^#1 **global**^#2 **us**^#3 **Trump**^#4 **Chinese**^#5\""}
{"_id": "551099", "title": "", "text": "\"Welcome to Money.SE. I will say upfront, Personal Finance is just that, personal, and you are likely to get multiple, perhaps conflicting, answers. Are you sure the PMI will drop off after 2 years? The rules are specific, and for PMI, when prepayments put you at that 78/80% LTV, your bank can require an appraisal, not automatically drop it. Talk to the banks, get confirmation, and depending what they say, keep hacking away at the mortgage.  After this, I suggest jumping on Roth IRAs. You are in the 15% bracket, and the Roth will let you deposit $5500 for each you and your wife. A great way to kickstart a higher level of retirement savings.  After this, I'm not comfortable with the emergency savings level. If you lose your job tomorrow (Funny story, my wife and I lost our's on the same day 3 years ago) and don't have enough savings (Our retirement accounts were good to just retire that day) you can easily run out of money and be late on the mortgage. It's great to prepay the mortgage to get rid of that PMI, but once there, I'd do the Roth and then focus on savings. 6 months expenses minimum.  We have a great Q&A here titled Oversimplify it for me: the correct order of investing in which I go in to more detail, as do 4 other members.  I am not getting on the \"\"investments will return more than your mortgage cost\"\" soapbox. A well-funded emergency fund is a very conservative bit of advice. With no matched 401(k), I suggest a balance of the Roth savings and prepayments.  From another great post, Ideal net worth by age X? Need comparison references you should have nearly 1 year's salary (90K) saved toward retirement.  Any question on my advice, add a comment and I will edit in more details.\""}
{"_id": "551102", "title": "", "text": "&gt;  I just said that the situation was her fault and these are the consequences she now has to deal with.  No.. the consequences are our fault - as a collective society. We propped up the stupid teaching that got this fool into this scenario. Don't want idiots breeding? Stop breeding fucking idiots.  Blaming the idiot is just short sited idiocy.  &gt;  Regardless of who you want to put the blame on, she put herself in that situation and likely knew that getting pregnant was a possible result of having sex.  Yes totally should have abstained from sex because it could get you pregnant. Seriously?"}
{"_id": "551103", "title": "", "text": "Thank you for this point.  I've worked on the front end of union shops as an engineer at several different places. Union workers can be incredibly short sighted, lazy, incompetent and act like asshole. Union leadership can often act as a incendiary agent that inserts itself in-between workers and management. Unions will often act in resistance to the implementation of necessary business practices and block forward progress.  This is because management lets them.  Managers will often complain about how they wish their plants weren't unionized yet won't even stand up for their own rights that have been negotiated into the management side of the contract. At the first sign of resistance they will fold and refuse to fight for what is necessary for the business. They don't engage the workers and leaders on the floor by just implementing policies with no input from the floor.  Any stupid fucking rule or unsustainable compensation that a union has negotiated has a management signature approving it.  Running a union shop can be difficult, but it is no excuse for allowing it to harm the bottom line. Any time a plant needs to relocate to a right-to-work state represents just as much of a failure on management as it does labor."}
{"_id": "551108", "title": "", "text": "I started investing in Robinhood, I'm 18 and just felt like it would be a good move. Bought 2 stocks of Nextera and 1 LIT. The stock prices both grew today, but very little as expected. But should I be concerned about the day to day growth of these stock or just leave them and let them sit for a couple months. From what I hear and know you sell when you're up and buy when it's down."}
{"_id": "551122", "title": "", "text": "If you have other savings, the diversification occurs across the accounts. e.g. my 401(k) has access to the insanely low .02% fee VIIIX (Vanguard S&P fund) You can bet it's 100% in. My IRAs are the other assets that make the full picture look better allocated.  A new investor has the issue you suggest, although right now, you can deposit $5500 for 2013, and $5500 for 2014, so with $11K available, you can start with $6 or $9K and start with 2 or 3 funds. Or $9K now, but with $500 left over for the '14 deposit, you can deposit $6K in early '15.  The disparity of $3K min/$5500 annual limit is annoying, I agree, but shouldn't be a detriment to your planning."}
{"_id": "551133", "title": "", "text": "I knew of their plans to introduce a lot more automation, but at least according to the article they aren't planning on introducing the AmazonGo system into Whole Foods stores. Interested to see what other automation they have in mind.  Are there By other big players in that market, or is it just not large enough to support a national chain? I can think of Trader Joe's. It's been a while since I was in one, but I'm\u200b not remembering it being as large or as nice. Unless I'm mistaken, the other big one was Wild Oats, and WF bought them out..."}
{"_id": "551145", "title": "", "text": "None of your options seem mutually exclusive.  Ordinarily nothing stops you from participating in your 401(k), opening an IRA, qualifying for your company's pension, and paying off your debts except your ability to pay for all this stuff.  Moreover, you can open an IRA anywhere (scottrade, vanguard, etrade, etc.) and freely invest in vanguard mutual funds as well as those of other companies...you aren't normally locked in to the funds of your IRA provider. Consider a traditional IRA.  To me your marginal tax rate of 25% doesn't seem that great.  If I were in your shoes I would be more likely to contribute to a traditional IRA instead of a Roth.  This will save you taxes today and you can put the extra 25% of $5,500 toward your loans.  Yes, you will be taxed on that money when you retire, but I think it's likely your rate will be lower than 25%.  Moreover, when you are retired you will already own a house and have paid off all your debt, hopefully.  You kind of need money now.  Between your current tax rate and your need for money now, I'd say a traditional makes good sense.  Buy whatever funds you want.  If you want a single, cheap, whole-market fund just buy VTSAX.  You will need a minimum of $10K to get in, so until then you can buy the ETF version, VTI.  Personally I would contribute enough to your 401(k) to get the match and anything else to an IRA (usually they have more and better investment options).  If you max that out, go back to the 401(k). Your investment mix isn't that important.  Recent research into target date funds puts them in a poor light. Since there isn't a good benchmark for a target date fund, the managers tend to buy whatever they feel like and it may not be what you would prefer if you were choosing.  However, the fund you mention has a pretty low expense ratio and the difference between that and your own allocation to an equity index fund or a blend of equity and bond funds is small in expectation.  Plus, you can change your allocation whenever you want. You are not locked in. The investment options you mention are reasonable enough that the difference between portfolios is not critical.  More important is optimizing your taxes and paying off your debt in the right order. Your interest rates matter more than term does. Paying off debt with more debt will help you if the new debt has a lower interest rate and it won't if it has a higher interest rate.  Normally speaking, longer term debt has a higher interest rate.  For that reason shorter term debt, if you can afford it, is generally better.  Be cold and calculating with your debt.  Always pay off highest interest rate debt first and never pay off cheap debt with expensive debt. If the 25 year debt option is lower than all your other interest rates and will allow you to pay off higher interest rate debt faster, it's a good idea.  Otherwise it most likely is not.  Do not make debt decisions for psychological reasons (e.g., simplicity).  Instead, always chose the option that maximizes your ultimate wealth."}
{"_id": "551155", "title": "", "text": "I believe that kind of micro-tuning for every participant would make the operating costs of the fund intolerable. A better approach, if this is important to you, would be to find a fund or funds designed for people who share your criteria. If the goals and criteria aren't mutual, a mutual fund -- traditional or ETF -- is probably not the right tool."}
{"_id": "551170", "title": "", "text": "Seo-daddy is one the largest digital marketing and SEO company having experts and professionals in the Dubai, UAE and a headquarters in the India also. We are experts in helping to our clients, increasing their customers through using advanced SEO and digital marketing activities. Along with these things we are top seo companies in dubai and clients from across the USA, Europe and Asia, we also help new you entrepreneurs for startup in their company and gives them best solutions related to their business and market. For further more details about the digital marketing feel free to get in touch with us."}
{"_id": "551175", "title": "", "text": "Is it possible to pay off my balance more than once in a payment period in order to increase the amount I can spend in a payment period? Yes you can pay off the balance more than once even if its not due. This will get applied to outstanding and you will be able to spend again. If so, is there a reason not to do this? There is no harm. However note that it generally takes 2-3 days for the credit to be applied to the card. Hence factor this in before you make new purchases. I just got a credit card to start rebuilding my credit.  Spending close to you credit limit does not help much; compared to spending less than 10% of your credit limit.   So the sooner you get your limit on card increased the better."}
{"_id": "551184", "title": "", "text": "Yes, but the move to regulated monopolies is tactical. Duke's deeper strategy is to prepare for the coming rise of distributed generation. Hiding behind regulatory barriers is a way to do that, and it gives them a stronger lobbying platform from which to attack DG, pushing for grid connection surcharges that will cripple rooftop solar. It's a copy of similar utility strategies in places like Spain and Australia."}
{"_id": "551187", "title": "", "text": "If you use tax software to prepare your taxes, most packages have a planner for the next year.  You could use that."}
{"_id": "551219", "title": "", "text": "Nothing in the US is ever determined to be safe for consumption. That isn't how this works, and for good reason. It's neigh impossible to say that anything is definitively safe. Instead, we call out things when they're not safe. If there's no reason whatsoever to believe something isn't safe, then it's allowed for sale.  Not sure what you think the alternative is. No food for anyone?"}
{"_id": "551234", "title": "", "text": "Surely some borrowers and lenders make decisions about making and taking loans based on the actual interest rates on the actual loans? In which case it doesn't matter so much if the rates are calculated based on a fictional assumption about something. At the end of the day every borrower or lender in the market makes their own decision about which lending contracts they take part in."}
{"_id": "551242", "title": "", "text": "Research local business grants for your area. I opened my own business after my first year of university and was able to attain a government grant for young business entrepreneurs and some other small grants. The government grant also provided free workshops with other entrepreneurs on properly running a business, how to develop a business plan, tax considerations, etc.   Highly recommend a similar program even if you end up just doing an e-commerce website. I recommend making a brief business plan ahead of time though so you have something to show when you go for these grants."}
{"_id": "551259", "title": "", "text": "You can't pick any contractual worker to deal with your imports and specialists. Indeed, your freight forwarder should know well how to deal with your abroad delivering. On the off chance that you have no clue in the matter of how to pick a decent expert, you can read the 5 hints given underneath."}
{"_id": "551275", "title": "", "text": "Is that an FHA loan you have? And you're wanting to do one of those low cost FHA re-fi's, right? The answer is that in between when you first got that loan and now, the government's changed the rules on PMI for FHA loans. It more than doubled the amount of monthly PMI you have to pay.  The new rates, efective April 18th, 2011, as as follows: It used to be 0.50% per year for the 30 year. So that's why the PMI would go up.  There is another rule in play too, specific to that no-cost FHA refi -- the government requires that the combined (principal+interest+pmi) monthly payment after the refi is at least 4% lower than the current payment. Note that the no-cost refi does not require a new appraisal.  Some options present themselves, but only if you can show some equity in a appraisal: 1) if an appraisal shows at least 10% equity, you can go refi to a standard mortgage. You might even be able to find one that doesn't require PMI at that level. If you have 20% equity, you're golden -- no pmi. 2) See what the monthly payment will be if you refi to the 15 year FHA mortgage. Between the much lower PMI, and the much lower interest rates (15 year is usually about 0.75% less than a 30 year), it might not be much more than what you're paying now. And you'd save a huge amount of money over time, and get out from that PMI much earlier (it stops when your principal drops below 80% of the loan amount). This would require that reappraisal."}
{"_id": "551286", "title": "", "text": "The person may just want to get out of that position in order to buy a different stock, he or she feels may go up faster. There is really a lot of reasons."}
{"_id": "551310", "title": "", "text": "It is a zero sum game. If 8 bn dollars are going to be spent over Christmas, that's getting split among those retailers. For every dollar Best buy doesn't get, someone else is getting it instead.  There is a limited amount of 'non-zero sum' money being spent, i.e. impulse buys, that if the consumer doesn't buy here, they're just going to go without, however that is dwarfed by the majority shoppers."}
{"_id": "551315", "title": "", "text": "If the business is legally separated and not commingled - they probably cannot. What they can do is put a lien on it (so that you cannot sell the business) and garnish your income. If the corporate veil is pierced (and its not that hard to have it pierced if you're not careful) - then they can treat it as if it is your personal asset. Verify this with a lawyer licensed in your state, I'm not a lawyer or a tax professional."}
{"_id": "551325", "title": "", "text": "Average life of a car is 8 years/150k.  And, btw, EV batteries are warrantied for 8/100k by law.  Warranties are not the average amount of time a battery will last, they're the minimum.  Here's one which has gone 300k miles, which is more than 25 years worth of mileage for the average driver: http://www.tesloop.com/blog/2017/8/30/tesla-model-s-hits-300k-miles-with-less-than-11k-maintenance-costs"}
{"_id": "551329", "title": "", "text": "oh yea, I read where if you become a plumber (for example), the average college grad (who is immediately employed post grad) doesn't catch up to the plumber's gross earnings and nest egg until age 59.  in this economy, the grad may never catch up"}
{"_id": "551330", "title": "", "text": "Doesn't really matter what the ages are - the % of people over 50 online is huge. And with AdWords you pay per click anyway, so who cares right. :) Good write up though, I gave you an upvote. :D"}
{"_id": "551336", "title": "", "text": "You are out of line. Whether I agree or not with the comments to which you responded, I find it hard to believe you are a bastion of kindness when responding with such hostility. Am I to believe you harbor more kindness than the user to whom you responded by calling them an idiot? Furthermore, while accusing them of something of which you have no clue personally? I find your response far more agitating than the comments to which you responded. And please refrain from calling me a racist as you so casually seem to do"}
{"_id": "551339", "title": "", "text": "2012 is the year when more and more people will be proud to wear their logo.  Embroidery Workshop, based in Lancing has been embroidering and printing products including workwear, schoolwear, sportswear, helping you personalize your outfits and much more.  Wearing your logo is a great way to promote your business, club, community, organization and give more awareness to what you do and where you come from, your website and how people can get hold of you. This all helps to give that personal professional image and pride in your organization.  One of the great things about including your logo on staff uniform is that they look more professional, are more motivated and convey the business image.  Julian Hendy, Managing Director of the Embroidery Workshop said, \u201cThe logo represents your branding and communicates a uniform message without words or language. Your business core values are conveyed by your logo. You have it on your stationary, business cards, promotional materials, so why not also on your clothing? This is a different way to make an impression when meeting people, especially in networking situations.\u201d  Another benefit of wearing your logo is more online visibility, better positions in search engine rankings, more awareness about your business and more traffic to your website  Included in all the pricing is one FREE embroided logo or texts per clothing and special requests are very welcome. Delivery is also free for all orders over \u00a3100 in mainland UK . For more information and to place an order please check out our new website www.wearyourlogo.co.uk or call Wear Your Logo on 01903 766228. Join us on Facebook and Twitter."}
{"_id": "551349", "title": "", "text": "Let's see. One player is doing all it can to connect customers with a service they want, and another player is using its political power to enforce geographic monopolies on a very important service. I'm cheering for bag of dicks #1."}
{"_id": "551353", "title": "", "text": "No, you cannot write off your time.  Only money or goods are eligible for donation.1 and 2"}
{"_id": "551368", "title": "", "text": "I'm not a financial guy. That being said, I think you can make a couple of common sense points here: The reason this site exists is because in some of these countries there just isn't an established way to create credit history. Partly because the infrastructure is risky to build. It may also be due to the corruption within a country. The really cool part about Kiva and these other lending tools might be that they can be an end run around those governments and are a 21st century approach to building the infrastructure for credit worthiness.  That being said, you probably already realize, in this situation - you're the bank - and you really ought to be acting somewhat like a bank: I'm also curious whether or not the good loans and opportunities are snatched up so quickly that all you are left with is the really high risk stuff. Anyway that's my non-expert 0.02."}
{"_id": "551391", "title": "", "text": "I don't find the 'jobs you may be interested in' thing useful at all.  It consistently recommends jobs that require more experience that I actually have. The year I graduated university and my entire work history is listed on my profile... you'd think they could eliminate those jobs from the list with some simple math... but apparently not."}
{"_id": "551393", "title": "", "text": "\"First off learn from this:  Never cosign again.  There are plenty of other \"\"tales of woe\"\" outlined on this site that started and ended similarly. Secondly do what you can to get off of the loan.  First I'd go back to her dad and offer him $1000 to take you off the loan and sign over the car.  Maybe go up to $3000 if you have that much cash.  If that doesn't work go to the bank and offer them half of the loan balance to take you off.  You can sign a personal loan for that amount (maybe).  Whatever it takes to get off the loan.  If she has a new BF offer him the same deal as the dad. Why do you have to do this?  Because you owned an asset that was once valued at 13K and is valued at (probably) less than 4K.  Given that you have a loan on it the leverage works against you causing you to lose more money.  The goal now is to cut your losses and learn from your mistakes.     I feel like the goal of your post was to make your ex-gf look bad.  It's more important to do some self examination.  If she was such a bad person why did you date her?  Why did you enter a business transaction with her?  I'd recommend seeking counseling on why you make such poor choices and to help you avoid them in the future. Along these lines I'd also examine your goals in life.  If your desire is to be a wealthy person, then why would you borrow money to buy a car?  Seek to imitate rich people to become rich.  Picking the right friends and mates is an important part of this.   If you do not have a desire to be a wealthy person what does it matter?  Losing 13K over seven months is a small step in the \"\"right\"\" direction.\""}
{"_id": "551398", "title": "", "text": "On line 21 of Schedule D, you write the smaller of So, in your case, since your Line 16 shows a loss of more than $3000 on Line 21, you write 3000 on Line 21 (the parentheses indicating that is it a negative number are already included on the form). Also, you write (3000) on Form 1040 Line 13. The rest of the loss is a carryover to next year (be sure to fill out the Capital Loss Carryover Worksheet where the carryover to next year is computed). Summary: you cannot write 0 on Line 21 of Schedule D and carry over the entire loss to next year. You must deduct $3000 this year and carry over the rest of the loss to next year."}
{"_id": "551403", "title": "", "text": "\"From a purely analytical standpoint, assuming you are investing your Roth IRA contributions in broad market securities (such as the SPDR S&P 500 ETF, which tracks the S&P 500), the broader market has historically had more upward movement than downward, and therefore a dollar invested today will have a greater expected value than a dollar invested tomorrow.  So from this perspective, it is better to \"\"max out\"\" your Roth on the first day of the contribution year and immediately invest in broad market (or at least well diversified) securities. That being said, opportunity costs must also be taken into account--every dollar you use to fund your Roth IRA is a dollar that is no longer available to be invested elsewhere (hence, a lost opportunity).  With this in mind, if you are currently eligible for a 401k in which your employer matches some portion of your contributions, it is generally advised that you contribute to the 401k up to the employer-match.  For example, if your employer matches 75% of contributions up to 3.5% of your gross salary, then it is advisable that you first contribute this 3.5% to your 401k before even considering contributing to a Roth IRA.  The reasoning behind this is two-fold: first, the employer-match can be considered as a guaranteed Return on Investment--so for example, for an employer that matches 75%, for every dollar you contribute you already have earned a 75% return up to the employer's limit.  Secondly, 401k contributions have tax implications: not only is the money contributed to the 401k pre-tax (i.e., contributions are not taxed), it also reduces your taxable income, so the marginal tax benefit of these contributions must also be taken into account.  Keep in mind that in the usual circumstances, 401k disbursements are taxable. Finally, many financial advisors will also suggest establishing an \"\"emergency fund\"\", which is money that you will not use unless you suffer an emergency that has an impact on your normal income--loss of job, medical emergency, etc.  These funds are often kept in highly liquid accounts (savings accounts, money-market funds, etc.) so they can be accessed immediately when you run into one of \"\"life's little surprises\"\".  Generally, it is advised that an emergency fund between $500-$1000 is established ASAP, and over time the emergency fund should be increased until it has reached a value equivalent to the sum of 8 months' worth of expenses.  If funding an IRA is preventing you from working towards such an emergency fund, then you may want to consider waiting on maxing out the IRA before you have that EF established. Of course, it goes without saying that credit card balances with APRs other than 0.00% (or similar) should be paid off before an IRA is funded, since while you can only hope to match the market at best (between 10-15% a year) in your IRA investments, paying down credit card balances is an instant \"\"return\"\" of whatever the APR is, which usually tends to be between a 15-30% APR. In a nutshell, assuming you are maxing out your 401k (if applicable), have an emergency fund established, are not carrying any high-APR credit card balances, and are able to do so, historical price movements in the markets suggest that funding your Roth IRA upfront and investing these funds immediately in a broadly diversified portfolio will yield a higher expected return than funding the account periodically throughout the year (using dollar cost averaging or similar strategies).  If this is not the case, take some time to consider the opportunity costs you are incurring from not fully contributing to your 401k, carrying high credit card balances, or not having a sufficient emergency fund established. This is not financial advice specific to any individual and your mileage may vary.  Consider consulting a Certified Financial Planner, Certified Public Accountant, etc. before making any major financial decisions.\""}
{"_id": "551423", "title": "", "text": "\"In my opinion, you should pay off the student loans as soon as possible, before you start saving for the house downpayment. $26k is a big number, but you have a great salary.  (Nice!)  Up until now, you have been a poor college student, accustomed to a relatively low standard of living.  Your $800 per month plan would have you pay off the loan in 3 years, but I would challenge you to pay off this entire student loan in 1 year or less.  A monthly loan payment of $2226 will pay off your loan in 12 months. After that is done, if you take the same amount you had been paying toward your student loans and save it for your condo, in less than two years you'll have a 10% down payment saved ($50k).  The whole thing will take less than three years. There are three reasons why I recommend paying off the loan first before saving for the condo: one is practical and two are philosophical. Practical: You will save money on interest.  Paying off the loan in 1 year vs. 3 years will save you $1343.  You won't find a short-term safe investment that will beat 5% in interest. Philosophical: The loan is something current and concrete that you can focus on.  Your condo is a dream at this point, and there is lots of time to change your mind.  If the $2k+ per month amount is at all a sacrifice for you, then in a few months, you might be tempted to say to yourself, \"\"This month I really want a vacation, so I'll just skip this month of saving.\"\"  For the loan, however, if you establish a concrete goal of 12 months to pay off the loan, it will hopefully help motivate you to allocate this money and stick to your plan. Philosophical: Getting used to borrowing money, making payments to a bank, and paying interest is not a great way to live.  It is better, in my opinion, to eliminate your debt as fast as possible and start getting accustomed to saving cash for what you want.  Clean up your debt, and resolve not to borrow any more money except for a reasonably-sized mortgage on your home.\""}
{"_id": "551424", "title": "", "text": "Welcome to the world of personal finance.  IMO, you are heading for trouble. To answer your question, the APR is the annual percentage rate, or what you pay to borrow money from the CC issuer.  For example, if you charge $100, and the bill comes, and you pay $100 on or before the due date you pay nothing.  If you pay the minimum payment, which would be around $15, you would then borrow $85 (100-15) and pay interest on that amount.  The next month's balance would be 85 + any new charges + interest.  The interest in this case can be estimated as follows:  85*.199/12 = 1.41. For your information that is a very high interest rate especially given the current market for borrowed money.  Many people become saddled with debilitating debt starting off just like you are planning.  If we were friends, I would implore you not to get a CC, instead save up and pay for things with cash."}
{"_id": "551440", "title": "", "text": "I sold my small restaurant beginning of the year, the fees are not double. Visa mastercard are usually 1.85% plus some extra costs depending on bank. My Amex cost 2.2%. Yes higher, but let's say you do 500k a year, it would be 10-20% of that would have the higher cost not all 100% of the tractions. In the grand scheme of things, it's a drop in the bucket every month. I live in a very touristy area and if I did not accept it, odds are I would lose that 10-20% of sales by not accepting. Some people only carry that card when they are on the beach, boating, riding bikes etc.  Only time I've seen double is from shitty banks or processors that gouge the pricing or make people sign 4 year contracts. Etc."}
{"_id": "551451", "title": "", "text": "El BOEX es esa plataforma para usted donde usted puede estudiar y obtener visa a un precio muy asequible. Hay miles de cursos ofrecidos, y tenemos la gu\u00eda n\u00famero uno para ayudarle desde el principio hasta el final. Nuestra b\u00fasqueda de escuela en Australia puede ayudarle a encontrar la escuela adecuada, nuestras p\u00e1ginas de recursos le ayudar\u00e1n a estudiar, trabajar y vivir en Australia, e incluso tenemos informaci\u00f3n sobre qu\u00e9 esperar despu\u00e9s de la graduaci\u00f3n. Como estudiar ingl\u00e9s en Australia los programas y todo tipo de herramientas \u00fatiles, es f\u00e1cil convertir sus estudios en el extranjero sue\u00f1os en realidad. Si usted est\u00e1 interesado en estudiar en Australia - usted est\u00e1 en el lugar correcto! El BOEX est\u00e1 dise\u00f1ado para ayudarlo a tener \u00e9xito. Stick con nosotros para bajar bajo."}
{"_id": "551454", "title": "", "text": "Same here... No fast food chain has any product that competes with a spicy chicken sandwich. I like McDonalds but god damn that chick fil a is just too fucking good. There was just a post here the other day about how they will be a top 5 chain in the next 5 years."}
{"_id": "551463", "title": "", "text": "The options market requires much more attention to avoid the situation you're describing. An overnight $10 ask will remain on the books most likely as Good-Til-Canceled.  The first to bid the low order gets it.  If traders are paying attention, which they probably are then they will bid at $10.  If not, they will bid immediately at $20. If they crossed the order, it would be filled at their higher than $10 bid. This is all governed by the exchange where the ask is posted, and most implement price-time priority."}
{"_id": "551482", "title": "", "text": "Well I certainly wasn't saying NOT to vote with actual votes... but as it is now, we would have a quicker and larger impact by voting with our money. The voting system itself is rigged, gerrymandered to hell, and a large portion of politicians in office are paid off and only represent the interests of their largest donors."}
{"_id": "551485", "title": "", "text": "This is very much possible and happens quite a lot. In the US, for example, promotional offers by credit card companies where you pay no interest on the balance for a certain period are a very common thing. The lender gains a new customer on such a loan, and usually earns money from the spending via the merchant fees (specifically for credit cards, at least). The pro is obviously free money. The con is that this is usually for a short period of time (longest I've seen was 15 months) after which if you're not careful, high interest rates will be charged. In some cases, interest will be charged retroactively for the whole period if you don't pay off the balance or miss the minimum payment due."}
{"_id": "551492", "title": "", "text": "Ideally, stock price reflects the value of the company, the dividends it is expected to pay, and what people expect the future value of the company to be. Only one of those (maybe one and a half) is related to current  sales, and not always directly. Short-term motion of a stock is even less directly linked, since it also reflects previous expectations. A company can announce disappointing sales and see its stock go up, if the previous price was based on expecting  worse news."}
{"_id": "551534", "title": "", "text": "It's a decent sounding theory, but there are a lot of things that just... don't actually happen when the government doesn't provide/heavily regulate them. They're called market failures. Things like roads, electric, water, fire, police, health, military... good lord, we've seen what commercial military organizations (blackwater) are like, and it's not good. Business has *one* imperative: to make money. A key thing to keep in mind is that good business decisions are very often not good human decisions."}
{"_id": "551536", "title": "", "text": "So ... hotdogs shouldnt count either? What about cars? gasoline? Why shouldn't one off costs count?  Virtually everything I buy is a one off cost.   New and resold houses are being sold/bought every day.  The case and shillers housing index takes attributes from common housing and amalgamates the costs. So theres your perpetual gauge if you need one.   Its striking to me that perhaps the hugest cost in most people's lives, isn't considered when calculating inflation.   No wonder the housing bubble got out of control."}
{"_id": "551537", "title": "", "text": "In today\u2019s competitive world, if one wishes to excel and achieve mass success, it is mandatory to have best brand output for the customers. With the change in the marketing medium, the consumer has n-number of opportunities to choose from various mediums of social and mobile web."}
{"_id": "551542", "title": "", "text": "You don't need to click, I can tell you the answer in one word: **HYPE**.  One universal truth about big corporations and their CEOs, they don't understand anything about computers or technology. It simply isn't their expertise. If they hear from the television that the most important thing in the world is blockchains, they're going to bite that hook.  The most important thing is not blockchains. blockchains are almost completely unimportant. All a blockchain is, is a log file that never gets trimmed or deleted, and everyone gets a copy, and they verify the contents against each other's copies. It's not revolutionary, and you don't need it."}
{"_id": "551543", "title": "", "text": "No shit, you've got an army of engineers making 300k+ a year hanging out at the beach working on a giant piece of shit they don't care about waiting for their stock to vest with a strike of like $.02 - of course they will dump and look to jump."}
{"_id": "551545", "title": "", "text": "401(k)'s can be rolled over into IRAs. You can roll all of your former company 401(k)'s into a single IRA, managed by whatever company you like. Many employers will not let you transfer money out of your 401(k) while you're still a current employee, though, so you may be stuck with the 401(k) used by your current company until you leave. You'll have to check with your 401(k) administrator to be sure. You won't incur any taxes as long as you execute the rollovers properly. The best way to do it is to coordinate the transfer directly between your old 401(k) and your new IRA, so the check is never sent directly to you."}
{"_id": "551556", "title": "", "text": "I disagree, a national ID card would provide more security than a social security number. SS cards are easy to guess; if you change a few numbers on your own SSN, you probably have a number of someone who was born in the same hospital as you. That's a tad scarier than a national ID."}
{"_id": "551590", "title": "", "text": "\"From http://blog.ometer.com/2008/03/27/index-funds/ , Lots of sensible advisers will tell you to buy index funds, but   importantly, the advice is not simply \"\"buy index funds.\"\"   There are at least two other critical details: 1) asset allocation   across multiple well-chosen indexes, maintained through regular   rebalancing, and 2) dollar cost averaging (or,   much-more-complex-but-probably-slightly-better, value averaging). The   advice is not to take your single lump sum and buy and hold a   cap-weighted index forever. The advice is an investment   discipline which involves action over time, and an initial   choice among indexes. An index-fund-based   strategy is not completely passive, it involves some active risk   control through rebalancing and averaging. If you'd held a balanced portfolio over the last ten years and rebalanced, and even better if you'd dollar cost averaged, you'd have done fine. Your reaction to the last 10 years incidentally is why I don't believe an almost-all-stocks allocation makes sense for most people even if they're pretty young. More detail in this answer: How would bonds fare if interest rates rose? I think some index fund advocacy and books do people a disservice by focusing too much on the extra cost of active management and why index funds are a good deal.  That point is true, but for most investors, asset allocation, rebalancing, and \"\"autopilotness\"\" of their setup are more important to outcome than the expense ratio.\""}
{"_id": "551610", "title": "", "text": "That's sort of irrelevant. We're talking about merchant responsibilities, not their agreements with VISA/MC.  Different merchants handle this in different ways. Since I've seen successful businesses set an example by forcing their employees to verify signatures, there is no justification for other businesses half-assing it, which is exactly what they are doing.  &gt; It was never really intended to be used to authenticate the card  That is untrue. The whole point of signing your receipt when you purchase something via credit card is authentication. Should your purchase be charged back, the bank will ask to see the signature so they can look for evidence of fraud. Merchants are often required to turn in signed receipts to receive their money."}
{"_id": "551627", "title": "", "text": "I think I have a better answer for this since I have been an investor in the stock markets since a decade and most of my money is either made through investing or trading the financial markets. Yes you can start investing with as low as 50 GBP or even less. If you are talking about stocks there is no restriction on the amount of shares you can purchase the price of which can be as low as a penny. I stared investing in stocks when I was 18. With the money saved from my pocket money which was not much. But I made investments on a regular period no matter how less I could but I would make regular investments on a long term. Remember one thing, never trade stock markets always invest in it on a long term. The stock markets will give you the best return on a long term as shown on the graph below and will also save you money on commission the broker charge on every transaction. The brokers to make money for themselves will ask you to trade stocks on short term but stock market were always made to invest on a long term as Warren Buffet rightly says. And if you want to trade try commodities or forex. Forex brokers will offer you accounts with as low as 25 USD with no commissions. The commission here are all inclusive in spreads.  Is this true? Can the average Joe become involved? Yes anyone who wants has an interest in the financial markets can get involved. Knowledge is the key not money. Is it worth investing \u00a350 here and there? Or is that a laughable idea? 50 GBP is a lot. I started with a few Indian Rupees. If people laugh let them laugh. Only morons who don't understand the true concept of financial markets laugh. There are fees/rules involved, is it worth the effort if you just want to see? The problem with today's generation of people is that they fear a lot. Unless you crawl you dont walk. Unless you try something you dont learn. The only difference between a successful person and a not successful person is his ability to try, fail/fall, get back on feet, again try untill he succeeds. I know its not instant money, but I'd like to get a few shares here and there, to follow the news and see how companies do. I hear that BRIC (brasil, russia, india and china) is a good share to invest in Brazil India the good thing is share prices are relatively low even the commissions. Mostly ROI (return on investment) on a long term would almost be the same. Can anyone share their experiences? (maybe best for community wiki?) Always up for sharing. Please ask questions no matter how stupid they are. I love people who ask for when I started I asked and people were generous enough to answer and so would I be."}
{"_id": "551635", "title": "", "text": "Its original owners envisioned it as a luxury resort that just happened to have a casino, and eschewed many staples of casino culture, including a buffet and bus trips for day-trippers. But that strategy - as well as the only overall smoking ban in Atlantic City - turned off customers, and Revel filed for bankruptcy in 2013, a little over a year after opening.  Yup - stupid plan in the beginning killed it."}
{"_id": "551655", "title": "", "text": "Residential painting jobs can be difficult, and often dangerous, to try and do on your own. That\u2019s why you want to call in a company like ours so that you can get just what you need for your job. We have the appropriate insurance and whatever else you may need to stay ahead of everything that is going on in relation to your next project. http://barwickpainting.com/residential/"}
{"_id": "551663", "title": "", "text": "They pay for it with tax money. Why would they have to make people work for free that doesn't even make sense. Thats what taxes are for to make life better for the citizens of the country.  I don't think the concept we're discussing would leave people with no responsibility, even providing food and housing there will always be things people need outside whats provided. Removing the penalty of starving to death isn't going to cause the breakdown of society, or overpopulation, or whatever you seem to be afraid of. For one thing most people just don't want tonnes of kids and the ones that do have tonnes without consideration of the consequences already.  Your example here seems kind of random and extreme and doesn't represent any group of people I've ever met."}
{"_id": "551719", "title": "", "text": "\"The standard low-risk/gain very-short-term parking spot these days tends to be a money market account.  However, you have only mentioned stock. For good balance, your portfolio should consider the bond market too. Consider adding a bond index fund to diversify the basic mix, taking up much of that 40%. This will also help stabilize your risk since bonds tend to move opposite stocks (prperhaps just because everyone else is also using them as the main alternative, though there are theoretical arguments why this should be so.) Eventually you may want to add a small amount of REIT fund to be mix, but that's back on the higher risk side. (By the way: Trying to guess when the next correction will occur is usually not a winning strategy; guesses tend to go wrong as often as they go right, even for pros. Rather than attempting to \"\"time the market\"\", pick a strategic mix of investments and rebalance periodically to maintain those ratios. There has been debate here about \"\"dollar-cost averaging\"\" -- see other answers -- but that idea may argue for investing and rebalancing in more small chunks rather than a few large ones. I generally actively rebalance once a year or so, and between those times let maintainng the balance suggest which fund(s) new money should go into -- minimal effort and it has worked quite well enough.,)\""}
{"_id": "551721", "title": "", "text": "\"Uhh, you don't have to read the comments if you are sooo worried about people like me ruining  reddit you dumbass. And yeah, I'm not so weak minded that I allow a exchange with a moron on the Internet to fill me with an anger that persists over a period of weeks. I had my fun shutting you down then you went and ruined it by spitting nonsense an concluding your poorly thought out statements with such zingers as, \"\"eye won teh web fight! Now I report you to mods for being jerk!\"\"   So yeah, I'm not bent out of shape, mad, or upset. People I have never met don't have that power over me. However, I wish I could meet you to see if you are for real.\""}
{"_id": "551727", "title": "", "text": "\"McDonalds has some more expensive items, but their \"\"Dollar Menu\"\" is ridiculously popular and supposedly a huge draw.  They've been trying to get rid of it for years because it's really hard to get anything decent for $1, but it's just too popular to cut.  (According to the random articles I've read about it.)  Other places don't really have anything like it.  At McDonalds you can get two $1.xx cheeseburgers and fill up pretty good for the cost of going to a vending machine.    While I very rarely go to any of these places, I do not agree that food is bad.  Tastes are subjective and what you get used to eating tastes good to you.   I remember that I used to absolutely love Taco Bell.  Then - after a few years of not going there - I went there and found everything to be absolutely disgusting.  But for a time, I thought it was the best stuff out there and there are a lot of people who like so called \"\"fast food\"\".  I do think the overarching point is true; customer tastes are fluid.  In the past 10-ish years, we've come to see a lot of \"\"gourmet\"\" burger places spreading like wildfire, for example.  But as long as fast food is cheap, they will continue to fill the market for cheap food.\""}
{"_id": "551746", "title": "", "text": "Yeah I agree. What Cat did was likely illegal, but a lot of that was due to incompetence. If done properly, they could have ended up in the gray range where they could potentially justify their tax position to the IRS.   To the larger point though, it just seems wasteful to play these games. I understand everyone does it and that it's part of the system, it just all seems a bit ridiculous and I wonder if there's a simpler solution that could benefit all stakeholders. Governments get similar revenues  without dealing with ridiculous complexities of tax avoidance schemes, companies are more efficient, and then efficiency or revenue gains can be passed onto workers. My main worry however, is that these gains would be passed onto executive bonuses instead."}
{"_id": "551747", "title": "", "text": "\"You would be facilitating identity theft. You would be risking people who disagree with your approach thinking you're foolish. Are you really going to gain enough from this decision to offset the risks? Can't you do the same thing with much less detail or a \"\"fantasy\"\" account?\""}
{"_id": "551754", "title": "", "text": "sorry, kids - it's all true.  But then again, different people need different amounts of money to be happy. I know people who are happy on $30k/year, but that would barely pay my rent and bills.  Living within your means is the key. If you find yourself always broke or behind in your bills then you should probably look for ways to make more money."}
{"_id": "551756", "title": "", "text": "This probably would not stand up in court, but seeing as businesses do not have the same collection protection rights as consumers, it could be a very costly mess to disentangle yourself from.  Operations like this are like whack-a-mole, they're ridiculously easy for someone to set up and very hard to take down."}
{"_id": "551758", "title": "", "text": "http://www.catalyst.org/publication/271/women-ceos-of-the-fortune-1000  There are only 40 women CEO's out of the top 1000 companies.  Looks like Virginia Rometty is viewed as a star at IBM.   And you have Ursula Burns of Xerox.    (Those are considered tech right?)  Ursula Burns is kind of completely amazing actually.  But there aren't a lot of high profile female CEO's because there aren't a lot of female CEO's period.    You can look over the list for the tech ones.    Also high profile is usually linked with something sexy and interesting to the public.   I don't know many male CEOs.  Apple, Amazon.  That's about it.   I don't even know who's in charge of google."}
{"_id": "551760", "title": "", "text": "Sure.  And to be clear about that paper - it was just the first academic paper that came up when I did a search.  My point was to show that mass consumption pieces in publications like the NYT aren't the time or place for the sort of discussion you'll find in an academic paper."}
{"_id": "551764", "title": "", "text": "Here are some options: Park your money in a bank that works best for you."}
{"_id": "551766", "title": "", "text": "Insider trading is any trading done on material non-public information relating to an instrument.  If my sister, who works for a drugs testing company, tells me that stage 3 trials of a drug look like they will fail and I trade on that information (probably by shorting a company's stock) that is insider trading. If an employee of that firm trades on that same stock knowing that the trials are likely to fail that is too. If an employee of that company trades on the stock without knowing that information that is NOT insider trading. If I know from an insider I met at the pub that a large orange producer has seen a fall in production due to a blight and I trade on oranges futures, even though I am not directly trading in the stock it is still insider trading. I mentioned that the information must be material, that means that it must have the potential to move the market; if I know that a firm is going to increase profits by 10% this year it is not material if analyst expectations are for a similar rise. You are right that small scale insider trading, such as by employees and their families, is relatively unregulated and unchecked but directors and C-level employees of a firm are required to publish all and any dealings that they have in the stock and several have been caught and penalized for insider trading. edit: http://www.sec.gov/spotlight/insidertrading/cases.shtml details some cases, many involving director and C-level employees, that the SEC has prosecuted recently. Incidentally I work in financial fraud monitoring and we use an analytic based on previous days' trades and today's news (i.e. when the information becomes public) to identify traders who might either be indulging in or receiving orders to trade on insider information. Essentially this works by looking for large changes in position against an instrument that later has material information releases relevant to it. One final thing to think about: given that being caught will generally cause perpetrators to go to prison and be banned from director level jobs and/or trading for life as well as a large, life-changing fine and a massive loss of reputation not many people with insider information want to risk trading on it, myself included."}
{"_id": "551770", "title": "", "text": "No sweat. If you live in the US, there should be a locale near you where people (mostly Mexican) congregate to accept day-labor jobs. A few of these should yield you $1,000 easily. You should be able to figure out where to go by asking around at some local *cantinas*."}
{"_id": "551777", "title": "", "text": "\"As others have said, that's really just when losses got marked.  For example, let's say I buy a cupcake for $1, and someone else says \"\"hey, I want a cupcake too\"\", and tries to buy it from me for $1.50.  Then someone else bids it up to $2.  A baker says \"\"wow, there's a lot of demand for cupcakes\"\" and starts making cupcakes instead of bread.  Then someone says \"\"I should buy a cupcake, as they keep going up in value, even though I only really value the tastiness of a cupcake at $2.  I'll buy the cupcake for $2.50 and then sell it for $3!\"\"  Prices rise to $2.50.  More people do the same thing.  Cupcakes start going for $10 a cupcake, and tons of people are stopping whatever they were doing before and just baking cupcakes.  A few years down the road, cupcakes are selling for $15 a cupcake, and some people have many cupcakes as investments.  People are borrowing money to buy $15 cupcakes with the hopes that they will turn into $20 cupcakes.  Now, everyone is valuing their cupcakes at $15.  There are maybe a million people, and they average 1.5 cupcakes per person, so we thus claim that we have $22.5M in cupcakes.  Finally, someone says \"\"Wait a minute.  I have three cupcakes.  I don't actually want to eat *three* cupcakes, and we're running out of people to buy cupcakes.  I'm not sure that I'm going to be able to actually sell these to anyone.  I'll sell my $15 cupcakes for $14.70 and make a bit less money but be sure to sell the cupcakes.  And I really don't want to *eat* cupcakes at all if they cost $15/cupcake.\"\"  Everyone else repeats this, and cupcakes plummet to $0.50 in a month.  Now we value our total number of cupcakes at $750,000.  Now, did that month cause us to lose $21.75M in wealth?  Well, the way we were accounting for the cupcakes, certainly that's when we made the numbers reflect our assets not being $22.5M.  However, we'd actually produced far more expensive cupcakes than society wanted; the claim that we had $22.5M assumed that people would keep buying cupcakes based on past price increases rather than because they actually wanted cupcake.  I think that it would be also fair to claim that our wealth was never $22.5M in cupcakes, because there was never a point in time when even the total population wanted to spend $22.5M on the consumption of cupcake; instead, its purchasing was driven predominantly by the desire to gain from the appreciation of cupcake based on past appreciation.  The dark month when cupcakes fell is just when we realized that we didn't have $22.5M in cupcake value.\""}
{"_id": "551792", "title": "", "text": "Well regardless, they're operating as a separate entity at the moment. Even so, there's other companies that compete with Amazon price-wise with whatever products are in their niche category, there's just not many that do it where you can buy all of the things that one place."}
{"_id": "551809", "title": "", "text": "Any large stockbroker will offer trading in US securities. As a foreign national you will be required to register with the US tax authorities (IRS) by completing and filing a W-8BEN form and pay US withholding taxes on any dividend income you receive.  US dividends are paid net of withholding taxes, so you do not need to file a US tax return.  Capital gains are not subject to US taxes.  Also, each year you are holding US securities, you will receive a form from the IRS which you are required to complete and return. You will also be required to complete and file forms for each of the exchanges you wish to received market price data from. Trading will be restricted to US trading hours, which I believe is 6 hours ahead of Denmark for the New York markets.  You will simply submit an order to the desired market using your broker's online trading software or your broker's telephone dealing service. You can expect to pay significantly higher commissions for trading US securities when compared to domestic securities. You will also face potentially large foreign exchange fees when exchaning your funds from EUR to USD. All in all, you will probably be better off using your local market to trade US index or sector ETFs."}
{"_id": "551811", "title": "", "text": "gold is incredibly volatile, I tried spreadbetting on it.  During the month of its highest gain, month beginning to month end, I was betting it would go up - and I still managed to lose money. It went down so much, that my stop loss margin would kick in.   Don't do things with gold in the short term its a very small and liquid market. My advice with gold, actually buy some physical gold as insurance."}
{"_id": "551816", "title": "", "text": "Combined spending during his administration grew by 3.5 trillion, not including the tax cuts (~1.5 trillion) and the afghanistan / iraq wars (~2 trillion combined).  That adds up to more than half of the current national debt. I'm not sure how you think that wouldn't be making a huge difference right now.  Sure, there was no 'real' surplus, but we were much less fucked."}
{"_id": "551831", "title": "", "text": "&gt; if a company paid taxes on what profits were created within a countries borders, that would be a fairly accurate method of calculating every country's fair percent of revenue from that company  That's exactly what I said in the post you originally replied to."}
{"_id": "551840", "title": "", "text": "A home equity loan (not a HELOC home equity line of credit) typically comes with far lower fees, but a slightly higher rate.  As rates fell over the last decade, I saw a choice of the Equity Loan with no cost at all, or a refinance with a few thousand in closing costs. We refinanced 3 times with the home equity loan, the last one was 5%. As the 15 year regular mortgage hit 3.5%, it seemed worth the costs, about $1800, to get the low rate, and expecting that rates would go lower. The 1.5% savings on the balance put our breakeven at fewer than 6 months.  If you truly meant HELOC, the variable aspect is the risk, as rates how little room down from here, but much room to rise."}
{"_id": "551845", "title": "", "text": "\"Etiquette or not, it is hurting the seller. The transaction fees have usually minimums, so if the actual transaction is below the minimum - they'll pay larger fee on the transaction (relatively). As an example, assume minimum fee for a debit card swipe is 20 cents, or 2% of the transaction. For a transaction of $10 and above, the fee will be 2% of the transaction. But for $1.67, the fee becomes 12% of the transaction. 6 times more expensive for the seller. Basically, the sale was most likely at a loss for them (they usually have very low margins, especially for a \"\"dollar\"\" store). So take that into account as well.\""}
{"_id": "551848", "title": "", "text": "There are many winning lottery systems in the world and few of them rely on upon the computerized system. A large number of the general population ha the solid thought regarding the lotto winning diversion. The general population appreciates the most lotto playing are the ones that play at the same time. This is one of the systems to win lottery based on the superstition and many individuals play in a basic way with the assistance of the valuable rules."}
{"_id": "551849", "title": "", "text": "\"I think your question is pretty wise, and the comments indicate that you understand the magnitude of the situation.   First off, there could be nothing that your friend could do.  Step parent relationships can be strained and this could make it worse, add the age of the girl and grief and he could make this a lot worse then it potentially is.  She may spend it all to spite step-dad. Secondly, there is a need to understand by all involved that personal finance is about 75-90% behavior.  Very high income people can wind up bankrupt, and lower income people can end up wealthy.  The difference between two people's success or failure often boils down to behavior.   Thirdly, I think you understand that there needs to be a \"\"why\"\", not only a \"\"what\"\" to do.  I think that is the real tricky part.  There has to be a teaching component along with an okay this is what you should do.   Finding a person will be difficult.  First off there is not a lot of money involved.  Good financial advisers handle much larger cash positions and this young lady will probably need to spend some of it down.  Secondly most FAs are willing to provide a cookie cutter solution to the problem at hand.  This will likely leave a bad taste in the daughter's mouth.   If it was me, I would encourage two things: Both of those things buy time.  If she comes out of this with an education in a career field with a 50-60K starting salary, a nice used car, and no student loans that would be okay.  I would venture to say mom would be happy.   If she is very savvy, she might be able to come out of this with a down payment on a place of her own; or, if she has education all locked up perhaps purchasing a home for mostly cash.   In the interim period a search for a good teaching FA could occur.  Finding such a person could also help you and your friend in addition to the daughter.  Now my own step-daughter and I have a good financial relationship.  There are other areas where our relationship can be strained but as far as finances we relate well.  We took Financial Peace University  ($100 offered through many local churches) together when she was at the tender age of 16.  The story of \"\"Ben and Arthur\"\" really spoke to her and we have had many subsequent conversations on the matter.  That may work in this case. A youTube video on part of the lesson.\""}
{"_id": "551856", "title": "", "text": "If working in NY - you pay NY taxes. If living in NJ - you pay NJ taxes. If NJ taxes are lower than NY taxes - you lose the difference by paying NY taxes vs paying NJ taxes if you have an option of having the same work and the same salary in NJ. Pretty simple, really. Generally, salaries in NY are a bit higher to compensate for that."}
{"_id": "551860", "title": "", "text": "Here's a story I like to tell about how one complaint call cost a company many more millions than that:  I work in a building that has a satellite office of the Wrigley Company. We're in Chicago, so it's just down the street from the head offices, so it gets the occasional visit from Bill Wrigley, Jr. Our building is concrete, so it has notorious cell phone signal problems.  Well Bill Jr. was having some signal issues so he called T-Mobile's front-line tech support to see if they could do something about the signal issues. Problem was, the customer rep didn't know she was speaking to the CEO of Wrigley, and refused to escalate the issue and left the issue unsatisfied. So, Bill Jr. immediately ordered Wrigley to pull the plug on the *entire company's contract* with T-Mobile.  Now, everyone in my office building gets 5 bars of service... with Verizon."}
{"_id": "551861", "title": "", "text": "You can purchase specific stocks through Fidelity's IRAs for $7.95 per trade."}
{"_id": "551864", "title": "", "text": "\"In general, you are allowed to deduct up to $50/month per student (see page 4), but only if you aren't reimbursed. In your case, since you are receiving a stipend, the full $2000 will be treated as taxable income. But the question of \"\"is it worth it\"\" really depends on how much you will actually spend (and also what you'll get from the experience). Suppose you actually spend $1000/month to host them, and if your combined tax rate is 35%, you'll pay $700 in additional taxes each month, but you'll still profit $300 each month. If your primary motivation for hosting students is to make a profit, you could consider creating a business out of it. If you do that you will be able to deduct all of your legitimate business expenses which, in the above example, would be $1000/month. Keeping with that example, you would now pay taxes on $1000 instead of $2000, which would be $350, meaning your profit would now be $650/month. (Increasing your profit by $350/month.) You will only need to keep spending records if you plan to go the business route. My advice: assume you won't be going the business route, and then figure out what your break even point is based on your tax rate (Fed+state+FICA). The formula is: Max you can spend per month without losing money = 2000 - (2000 * T) e.g. if T = 35%, the break even point is $1300. Side note: My family hosted 5 students in 5 years and it was always a fantastic experience. But it is also a very big commitment. Teenagers eat a lot, and they drive cars, and go on dates, and play sports, and need help with their homework (especially English papers), and they don't seem to like bed times or curfews. IMHO it's totally worth it, even without the stipend...\""}
{"_id": "551867", "title": "", "text": "This is why I didn't bother to read the article. My neighbor is a robbery detective and he says that they are almost all for drug habits. To get drugs they can either steal from a dealer or get cash from a bank then buy drugs. The dealers are armed, the banks aren't. That's the thought process.  He says it is sad how easy they are to catch. Review the bank footage, get their plates then drive to their house and arrest them."}
{"_id": "551879", "title": "", "text": "In the UK there is a significant difference between taking money out of a bank account and out of a credit card account. Banks typically require explicit authorisation before they will transfer money out of a bank account - for example a direct debit agreement. (North American banks are much less strict, and will transfer your money to any reasonably reputable financial organization who asks for it - don't get me started!). However credit cards run very differently. Essentially the onus is on the vendor to get the authorization, which is why you can sign a credit card slip at the corner store, or give your credit card details over the phone, or fill in an online form, and have your credit card account charged. When you signed the credit card agreement you agreed to let people do this. It's also why the credit card company will reverse a transaction if you claim it was unauthorized. So essentially PayPal is like the specialty store you phone up to order something and give your credit card details to - they have just as much authorization to charge your account. Your only protection is that the credit card company will investigate any transactions you claim are fraudulent, and will reimburse you if it is- even if they can't recover the money themselves."}
{"_id": "551883", "title": "", "text": "&gt; stop partying so much  Seems to point at the root of the problem. Like drugs, it's a temporary high and hard to sustain. If you're self-medicating to cope with stress on the job or other parts of your life, work at fixing those root problems. If the things you did for pleasure (including working and downtime) didn't cost you money, then you'd be set. The hard part is how to structure your work and life situation to both minimize stress and make you look forward to it."}
{"_id": "551893", "title": "", "text": "A stock is an ownership interest in a company.  There can be multiple classes of shares, but to simplify, assuming only one class of shares, a company issues some number of shares, let's say 1,000,000 shares and you can buy shares of the company. If you own 1,000 shares in this example, you would own one one-thousandth of the company.  Public companies have their shares traded on the open market and the price varies as demand for the stock comes and goes relative to people willing to sell their shares. You typically buy stock in a company because you believe the company is going to prosper into the future and thus the value of its stock should rise in the open market. A bond is an indebted interest in a company.  A company issues bonds to borrow money at an interest rate specified in the bond issuance and makes periodic payments of principal and interest.  You buy bonds in a company to lend the company money at an interest rate specified in the bond because you believe the company will be able to repay the debt per the terms of the bond.  The value of a bond as traded on the open exchange varies as the prevailing interest rates vary.  If you buy a bond for $1,000 yielding 5% interest and interest rates go up to 10%, the value of your bond in the open market goes down so that the payment terms of 5% on $1,000 matches hypothetical terms of 10% on a lesser principal amount.  Whatever lesser principal amount at the new rate would lead to the same payment terms determines the new market value.   Alternatively, if interest rates go down, the current value of your bond increases on the open market to make it appear as if it is yielding a lower rate. Regardless of the market value, the company continues to pay interest on the original debt per its terms, so you can always hold onto a bond and get the original promised interest as long as the company does not go bankrupt. So in summary, bonds tend to be a safer investment that offers less potential return.  However, this is not always the case, since if interest rates skyrocket, your bond's value will plummet, although you could just hold onto them and get the low rate originally promised."}
{"_id": "551908", "title": "", "text": "Your quote from the CBO is talking about a actual subsidy. As stated, there was a cash value difference between what the Treasury purchased troubled assets from banks at and what the market value of those securities were.   This (the point mentioned in the article) is not an actual subsidy.  As a counter argument to your first paragraph, look at Lehman Brothers and Bear Stearns."}
{"_id": "551932", "title": "", "text": "this sounds right, it echoes what i notice.  to fight the tendency in myself i make a point of trying to engage with people who have very different views than mine, and understand their viewpoint.  but over the last couple weeks its become very difficult"}
{"_id": "551934", "title": "", "text": "The basis of the home is the cost of land and material. That's it.  Your time isn't added to basis. No different than if you spend 1000 hours in a soup kitchen. You deduct miles for your car and expenses you can document but you can't deduct your time.  Over 2 years, you could have a gain up to $500K per married couple and pay no tax."}
{"_id": "551945", "title": "", "text": "&gt; Every damn thing is negotiable.  Except no its not, if you feed all of your top desires into your HR team and no one hits all of the quals, they simply exclude them. If you feed it into Taleo that you want to pay 48k, and someone applies who wants 50k? Excluded.   Further, not having a clear idea of what the pay is for a position is a bad sign for the overall competence of your team."}
{"_id": "551954", "title": "", "text": "There is no age-limit, in fact the sooner you start the better - the sooner the money starts to compound."}
{"_id": "551964", "title": "", "text": "You do not need to set this up as a loan. Try finding an Indian student. He is eligible to get cash (using a travel card, may be) from India tax-free. As long as it doesn't exceed the i-20 amount, he will not have any problems. Since, $10,000 is very small amount, the student shouldn't be having any problem."}
{"_id": "551970", "title": "", "text": "TD now has crossborder banking so you can set up a no-fee no-interest USD account with Tdbank.com and transfer money and pay bills in the US. You just need a minimum balance of $100. I might try Paypal before going that route though."}
{"_id": "551976", "title": "", "text": "Lol cmon dude, don't tell me you've never been through Charlotte's airport. You've gotta be a complete west coaster for that.  I don't think law was that unique relative to the rest of the market. It was no different than coming out of college - I looked at cities with jobs and picked the one where I found the best job. That was likely true for a lot of different young pros in a lot of different markets. The big cities recovered faster because they had a range of different businesses within them.  NY had jobs, that was why I went. I interviewed in ATL with a 3.5 from a T-14 law school in 09 and got nothing. I could feel the city's law jobs hadn't recovered so I dipped."}
{"_id": "551984", "title": "", "text": "I own a few MLPs that operate oil/gas pipelines (TSE:IPL-UN, NYSE:BPT, NYSE:APL), and I'm very happy with their performance. Because they don't pay corporate tax MLPs tend to pay higher dividends than most regular stocks. I pay H&R Block to do my taxes, and they sort out all the arcane details."}
{"_id": "551986", "title": "", "text": "Easy... Use cash, or keep a ledger."}
{"_id": "551991", "title": "", "text": "I agree with this.  I'll also add that if we get a Democrat elected things will stay about the same.  If we get a Republican things will get much worse.  I could be wrong.  Depends on how much influence the Tea Party has on Republican Presidential policy.  (I'm betting a lot.)  But a Republican congress won't obstruct a Republican president, so maybe we'll actually get some economic stimulus."}
{"_id": "552009", "title": "", "text": "Both. It's a hell of a bargain. $4bn for a franchise that will run for decades, every film nigh on guaranteed to bring in $500m+ in theatrical PLUS merchandishing, plus all the other stuff they bought? (all catalogue, ILM, etc etc etc)."}
{"_id": "552014", "title": "", "text": "Wrong. If an industry needs 3 widget makers, and there are only 2 widget makers on Earth, their salary is going to be dramatically higher  (and thus cut into margins) than a world where 3 are needed but 30 exist.   To claim that supply and demand doesn't exist in the labor market or isn't a primary driver of wages is so fallacious that it's nothing short of retarded."}
{"_id": "552031", "title": "", "text": "Roth and 401k are first because with the Roth you have tax free withdrawals (awesome!) and with the 401k you have tax free contributions (awesome!) as well as potential employer matching.  Traditional IRAs would be the final thing I would contribute to after both of those.  And in your case, unless you make around 150k, you aren't maxing your 401k; so I'd do that first."}
{"_id": "552043", "title": "", "text": "First, you can look up the property tax of the building you are in for an exact number. Go to you town's tax office or look at Zillow. You need to claim the rent as income, but will take all expenses as well as depreciation on half the building. The numbers may well work in your favor, especially as a resident landlord. I still own a rental in the next state, but it's 2 hour away, so I'm paying pros to do the simplest things. On site, you can handle all maintenance and save that way.  If the cash flow looks like it's better than what you have right now, it might be time to buy. Without seeing the numbers I can't point out what you might be missing."}
{"_id": "552061", "title": "", "text": "Free logo makers are good to use for personal blogs. But, for companies or business, we have to hire a professional graphic designer or agency. If someone having money constraints, crowdsourcing is the best option as one get good logo designs at affordable price. My 2 cents!"}
{"_id": "552082", "title": "", "text": "\"Ok, bullshit, then.   You are seriously telling me that you are too fucking stupid to go and drop off your mail and get a tracking number, or \"\"return receipt requested\"\", but you can pay UPS?   They lost 27 packages out of how many?    Either you are an incompetent or a liar. I would wager on the latter.\""}
{"_id": "552089", "title": "", "text": "Doomsayers can just buy the 5x Short ETFs instead of the 5x long, see where it leaves them. People who don't understand leverage shouldn't be writing articles about them. 3 seems to be a valid point to some degree, but why should there be a cap at 3x for ETFs when you can get way more leverage with other instruments.  I feel like these are the people who blame anything that qualifies as a derivative for 2008."}
{"_id": "552106", "title": "", "text": "Mint.com is a fantastic free personal finance software that can assist you with managing your money, planning budgets and setting financial goals. I've found the features to be more than adequate with keeping me informed of my financial situation. The advantage with Mint over Microsoft Money is that all of your debit/credit transactions are automatically imported and categorized (imperfectly but good enough). Mint is capable of handling bank accounts, credit card accounts, loans, and assets (such as cars, houses, etc). The downsides are:"}
{"_id": "552134", "title": "", "text": "I was unemployed for 9 months (have been gainfully employed again for 2 months now).  I'm in digital marketing so I did some social media volunteer work for a high profile non-profit and put it in my resume.  While there were a number of factors that helped me get a job, this did in part contribute to it as I demonstrated that I'm actually interested in my career path and staying current. In addition, my work was tangible and public, which was a huge plus as I had a portfolio.  So I would highly recommend volunteering for a local organization within your area of expertise to show that your skills are current.  In speaking with HR people, skills atrophy is one of the main reasons why longer term unemployed people are not as attractive."}
{"_id": "552138", "title": "", "text": "\"The country from which you purchase stock cannot charge you tax on either income or capital gains. Taxation is based on residency, so even when you purchase foreign stock its the tax laws of Malaysia (as your country of residence) that matter. At the time of writing, Malaysia does not levy any capital gains tax and there is no income tax charged on dividends so you won't have to declare or pay any tax on your stocks regardless of where you buy them from. The only exception to this is Dividend Withholding Tax, which is a special tax taken by the government of the country you bought the stock from before it is paid to your account. You do not need to declare this tax as it his already been taken by the time you receive your dividend. The US withholding tax rate on dividends is 30%, although this can be reduced to 15% if there as a tax treaty in place between the US and your country of residence. Malaysia does have a double taxation agreement with the US (see here: http://www.mida.gov.my/env3/index.php?page=double-taxation-agreement) but it is flagged as a \"\"limited\"\" agreement.  You'd need to find the full text of the agreement to see whether a reduced rate of dividend withholding tax would be available in the Malaysia/US treaty. See my other answer for more details on withholding taxes and how to partially reclaim under a double tax treaty: What is the dividend tax rate for UK stock Note: Although the taxation rules of both countries are similar, I am a resident of Singapore not Malaysia so I can't speak from first hand experience, but current Malaysia tax rates are easy to find online. The rest of this information is common to any non-US/UK resident investor (as long as you're not a US person).\""}
{"_id": "552163", "title": "", "text": "\"statement at the end of \"\"Betting On Zero (2017):  &gt;To settle the complaint the FTC required Herbalife to pay a $200 million dollar fine and \"\"fundamentally restructure its business\"\". &gt; &gt;Herbalife's CEO Michael Johnson described the TFC settlement as \"\"an acknowledgement that our business model is sound.\"\" &gt; &gt;Four months later he announced he was stepping down as DEO of Herbalife. &gt; &gt;On December 21, 2016, Donald Trump named Carl Icahn *(zillionaire, portrayed in the film as an advocate of Herbalife's deceptive business model)* special advisor to the President on regulatory &gt;reform.  [another perspective](http://fortune.com/carl-icahn-bill-ackman-feud/)  [my take](http://imgur.com/a/ESRH5)\""}
{"_id": "552165", "title": "", "text": "Look, bro, I'm not trying to stop you.  By all means take your mom's SSDI' and sink it into this shit.  I really *give zero fucks* except for when you lose everything, when it's funny to be me."}
{"_id": "552178", "title": "", "text": "I have lived in my RC Home since 2008 and I have had ZERO PROBLEMS! We are in the process of building another RC home in a different community. The only thing I've done was replace the roof ONLY because of a very bad hail storm (baseball sized) that came through OKC. My mom also purchased a RC home in 2007 and didn't have any problems. What buyers have to do is be involved the whole time before, during, and after the build. Take lots of pictures of the entire process if you can. We went by our build daily (we didn't live that far), but if you can go by your build at least once a week, it helps. During my inspection, there was a hairline crack in the baseboard and it was corrected immediately. If you have a good inspector and sales rep that genuinely cares, you will be just fine and will love your home. Good Job RC HOMES!"}
{"_id": "552180", "title": "", "text": "If she selects 2012 and contributes $500, she will have contributed the maximum allowable amount for 2012, and has the option of contributing the maximum amount for 2013 as well (if she chooses to do so). If she does not max out her contribution for 2012 by April 15, 2013, that opportunity is lost, though she continues to have the option of contributing the maximum amount for 2013. Whether contributing the maximum allowable amount to a Roth IRA is a good thing or bad thing is something about which unreasonable people might differ. Edit:  @JBKing's answer makes a very good point that I will elaborate on and incorporate into this answer. Eligibility to make a contribution for 2012 is presumably a given at this point (there is at least $5000 in earned income and AGI is not too large (see Pub 950 for details)), but eligibility to make a contribution for 2013 is as yet undetermined. If the 2013 AGI turns out to be more than the limit so that the OP's sister cannot contribute to a Roth IRA for 2013, that contribution for 2013 made today will have to be withdrawn or re-characterized as a non-deductible contribution to a Traditional IRA for 2013. To the best of my knowledge, it will not be possible to re-characterize it as a Roth IRA contribution for 2012 at that point in time. So the opportunity to add $500 to the Roth IRA will be irretrievably lost. As JoeTaxpayer says, why not keep options open by making a full contribution for 2012 while the opportunity is there? In this sense, I think there is a downside to choosing 2013 instead of 2012 for that $500 contribution."}
{"_id": "552216", "title": "", "text": "\"I know of one practical difference between business checks (8\"\" check) and personal checks (6\"\" check) dealing with the paper check conversion rule to electronic debit.   The National ACH Association, created a rule that allows receivers of checks without an \"\"Auxiliary On-Us\"\" field, to convert your check into an electronic debit via the ACH network.  By default, 6\"\" checks (personal checks) do NOT have the AUX ON-US field, and are eligible to be converted to ACH debit. If you do not want your paper checks converted to ACH debits, then start using business checks with the AUX ON-US field populated.  You can use business checks for business or personal checking accounts. More information can be found below: http://www.deluxe.com/miscfiles/pdf/AuxOnUsField.pdf http://www.achrulesonline.org/\""}
{"_id": "552220", "title": "", "text": "\"Thanks.  This is super simplified as I said.  It gets much deeper when you start looking at costs of capital, country risk premiums (for projects in emerging markets), \"\"risk free rate of return\"\" (putting cash in guaranteed returns such as a us treasury note), mutually exclusive projects, etc.  But the basic concept is... what is the minimum required return on a project to justify choosing to pursue it.  If you borrow money via loan at 10%, your required rate of return on whatever project you invest it in has to be at least that 10%.  Otherwise you're better off just not doing anything.\""}
{"_id": "552235", "title": "", "text": "The problem is I can't do anything with those morals. I can't grow my company with it, I can't pay my employees with it and I can't buy things with it.   You should he as moral as possible, but when you are so moral that you start making moral choices that just doesn't cost you money but can sink the company or increase the workload on your employees you've done an disservice to your employees."}
{"_id": "552240", "title": "", "text": "At the base of it all is the massive demand side subsidization of the health care industry primarily through Medicaid and Medicare. It's econ 101 that massive demand side subsidization drives prices up, but nobody wants to emphasize this point because too many pockets are being filled by the subsidization."}
{"_id": "552249", "title": "", "text": "\"[Russians Blame The US For The Violence In Eastern Ukraine](http://www.reddit.com/r/worldpolitics/comments/2dvpku/russians_blame_the_us_for_the_violence_in_eastern/)  [Eric Kraus](http://topics.bloomberg.com/eric-kraus/) *Who e hell else can you blame? The Victoria Nuland tapes tell it all. It was a Washington set up, and with their signature diplomacy they will \"\"liberate\"\" that unfortunate country precisely as they did Iraq, Libya, and Afghanistan. Or, as they so notably put it 40 years ago while murdering 3 million Vietnamese - \"\"the village (country) had to be destroyed in order for it to be saved!\"\"*\""}
{"_id": "552251", "title": "", "text": "\"&gt;Unyielding Realism in the Climate Debate! CO2 is a Product of Human Breath, Not A Pollutant! CO2 is A Plant Food!  Climate Change Has Been Going On Forever!   &gt;Any actions having the intent to aid the Intergovernmental Panel on Climate Change to inflict harm on the US, including alleging that IPCC texts have any authority on the territory of the United States or in respect to the United States, committed by a person owing his or her loyalty to the United States, might constitute **treason**, as defined in 18 U.S. Code \u00a7 2381.  great source OP.  \"\"samizdat\"\" eh?\""}
{"_id": "552255", "title": "", "text": "The loss for B can be used to write off the gain for A.  You will fill out a schedule 3 with cost base and proceeds of disposition.  This will give you a $0 capital gain for the year and an amount of $5 (50% of the $10 loss) you can carry forward to offset future capital gains.  You can also file a T1-a and carry the losses back up to 3 years if you're so inclined.  It can't be used to offset other income (unless you die). Your C and D trades can't be on income account except for very unusual circumstances.  It's not generally acceptable to the CRA for you to use 2 separate accounting methods.  There are some intricacies but you should probably just use capital gains.   There is one caveat that if you do short sales of Canadian listed securities, they will be on income account unless you fill out form T-123 and elect to have them all treated as capital gains. I just remembered one wrinkle in carrying forward capital losses.  They don't reduce your capital gains anymore, but they reduce your taxable income.  This means your net income won't be reduced and any benefits that are calculated from that (line 236), will not get an increase."}
{"_id": "552256", "title": "", "text": "That's really kind of the frustrating and problematic part of it. Their service is impeccable, but it should also cost a lot more than it does, so they have to do Monopoly type tactics to keep it sustainable in the short term. I love Amazon but it's really interesting how everyone (myself included) is just kinda nonchalant about them becoming a monopoly."}
{"_id": "552281", "title": "", "text": "\"P/E is a pretty poor way to value the company as it exists today.  The company generates free cash flow yield of 2.5-3.3% which isn't remarkably high, but it's not nearly as bad as the earnings yield of 1.1%.  But let's operate within the P/E ratio for right now.  The company sells $40 billion of \"\"stuff\"\" each year with a net margin of 2%.  If they increased prices on every product by 1% (which really wouldn't be _that_ noticeable) their profit would grow 50%.  Thus, P/E drops from 90 to 60.    SGA expenses equal ~20% of their operating costs.  Cut 5% of SGA and you get the same 1% increase in net margin.  This could come from cost-cutting today, or by greater economies of scale in the future while keeping prices the same.    So, yes, it's priced as a growth firm, but it doesn't necessarily need customer growth in the traditional sense to be fairly-valued.\""}
{"_id": "552290", "title": "", "text": "When I was looking for positions and they brought up salary, I always gave a range with what I wanted at the low end and then add on 20-40k to the high end.    Example 90-130, oh, wow, we can't pay 130, would 95 be ok?  sure, that's in my range, sounds great.  My 2nd job MANY moons ago they asked the same question, I gave a range (too narrow) and they gave the top end of the range, I knew I asked for too little....  My current company has salary bands which encompass a job title and a salary range, and the job title's ranges can overlap: ex: Junior 20-60, Regular: 40-90, Senior: 60-120, Lead: 100-160.  This allows for regional variances in cost of living and for raises without a promotion into a new band."}
{"_id": "552298", "title": "", "text": "\"I suggest that you're really asking questions surrounding three topics: (1) what allocation hedges your risks but also allows for upside? (2) How do you time your purchases so you're not getting hammered by exchange rates? (3) How do you know if you're doing ok? Allocations Your questions concerning allocation are really \"\"what if\"\" questions, as DoubleVu points out. Only you can really answer those. I would suggest building an excel sheet and thinking through the scenarios of at least 3 what-ifs.  A) What if you keep your current allocations and anything in local currency gets cut in half in value? Could you live with that? B) What if you allocate more to \"\"stable economies\"\" and your economy recovers... so stable items grow at 5% per year, but your local investments grow 50% for the next 3 years? Could you live with that missed opportunity?  C) What if you allocate more to \"\"stable economies\"\" and they grow at 5%... while SA continues a gradual slide? Remember that slow or flat growth in a stable currency is the same as higher returns in a declining currency. I would trust your own insights as a local, but I would recommend thinking more about how this plays out for your current investments.  Timing You bring up concerns about \"\"timing\"\" of buying expensive foreign currencies... you can't time the market. If you knew how to do this with forex trading, you wouldn't be here :).  Read up on dollar cost averaging. For most people, and most companies with international exposure, it may not beat the market in the short term, but it nets out positive in the long term.  Rebalancing For you there will be two questions to ask regularly: is the allocation still correct as political and international issues play out? Have any returns or losses thrown your planned allocation out of  alignment?  Put your investment goals in writing, and revisit it at least once a year to evaluate whether any adjustments would be wise to make.  And of course, I am not a registered financial professional, especially not in SA, so I obviously recommend taking what I say with a large dose of salt.\""}
{"_id": "552299", "title": "", "text": "Whether it is better to buy or to rent depends on several factors.  Most of them are fairly uncertain, but calculations can be made to see how they play out in the long-term for insight into their impact. The results below are made on the basis that both the buyer and the tenant spend the same amount, in this case $1,480.03 per month.  The buyer pays his mortgage and when it's all paid for he switches to investing $1,480.03 per month at the fund deposit rate.  Meanwhile the tenant pays rent and invests whatever remains from $1,480.03 per month at the fund deposit rate. The amount $1,480.03 is set by the mortgage case and used by buyer and tenant for equal comparison. Taking some hopefully not too unrealistic rate estimates, these are the calculation inputs:- (All percentages are expressed as effective annual rates) Plot of buyer's and tenant's accumulated assets over time The simulation extends for twice the term of the mortgage.  If the investment fund can return 7% and a $900 rental is comparable to a $300,000 house then there isn't much of a compelling case either way. Lowering the expected fund return shows a different picture.  Sticking with the 5.0% fund return, lowering the rent brings the tenant's asset accumulation closer to the buyer's.  If there is a particular set of inputs you would like to see plotted I'm sure I could add another example to this post. There is also an interactive version of the calculation which you can find via this page.  However, unlike the examples above which include a deposit and grant, it just explores the simple case of a 100% mortgage. The aim is just to see how rate variations affect asset value over time."}
{"_id": "552303", "title": "", "text": "There's no magic. Usually these models set out to replace 60-65% of your gross income in retirement.  For example, if you: You'll retire with about $850k. That will let you generate an income stream of around 55k for your expected lifespan. Is 15% the right answer for you? No idea -- it depends on what you want, how you invest, and what you can afford."}
{"_id": "552305", "title": "", "text": "I think the best advice you're going to get on the subject is: If you made $250k in half a year, you definitely have enough to hire an accountant!  Get professional help on the subject, and they'll make sure you don't end up getting in any legal trouble."}
{"_id": "552322", "title": "", "text": "The broker will probably submit records to the IRS, so there isn't anonymity at that level..."}
{"_id": "552327", "title": "", "text": "\"&gt; So you are saying down the road the FED might cancel out the amount of T-Bills and MBS they hold with the Treasury?  I'm saying they don't have to, for the US government will never have difficulty servicing its entirely USD-denominated debt. So if you think doing so would confuse/anger foreign nations, fine, don't do it.  I *would* however advise that the government stops issuing 10yr bonds in favour of funding itself off no more than say 28 day T-Bills. The reason being is that the latter's basically just creating a whole unneeded industry of speculators providing an entirely unneeded service of \"\"locking in\"\" interest rates for the government 10yrs at a time. Waste of time, waste of resources. The goverment shouldn't be subsidising that kind of activity.\""}
{"_id": "552343", "title": "", "text": "This is a tough question SFun28.  Let's try and debug the metric. First, let's expand upon the notion share price is determined in an efficient market where prospective buyers and sellers have access to info on an enterprises' cash balance and they may weigh that into their decision making.  Therefore, a desirable/undesirable cash balance may raise or lower the share price, to what extent, we do not know.   We must ask How significant is cash/debt balance in determining the market price of a stock?   As you noted, we have limited info, which may decrease the weight of these account balances in our decision process. Using a materiality level of 5% of net income of operations, cash/debt may be immaterial or not considered by an investor. investors oftentimes interpret the same information differently (e.g. Microsoft's large cash balance may show they no longer have innovative ideas worth investing in, or they are well positioned to acquire innovative companies, or weather a contraction in the sector) My guess is a math mind would ignore the affect of account balances on the equity portion of the enterprise value calculation because it may not be a factor, or because the affect is subjective."}
{"_id": "552346", "title": "", "text": "This is the information required to wire money into your account from abroad. They would only need the account number and the ABA (routing) number to withdraw, and it is printed on every check you give."}
{"_id": "552356", "title": "", "text": "\"I disagree with BrenBran, I don't think this is qualified as unreimbursed employee expense. For it to qualify, it has to be ordinary and necessary, and specifically - necessary for your employer. This is not the case for you, as there's no such necessity. From employer's perspective, you can work from your home just as well. In fact, the expense is your personal, as it is your choice, not \"\"unreimbursed employee expense\"\" since your employer didn't even ask you to do it. You should clarify this with a licensed tax adviser (EA/CPA licensed in New York).\""}
{"_id": "552358", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://reuters.com/article/idUSKBN19A029) reduced by 74%. (I'm a bot) ***** &gt; If the rig count holds at current levels, the bank added, U.S. oil production would increase by 770,000 bpd between the fourth quarter of last year and the same quarter this year in the Permian, Eagle Ford, Bakken and Niobrara shale oil fields.  &gt; India, which recently overtook Japan as Asia&amp;#039;s second-biggest oil importer, took in 4.2 percent less crude oil in May than it did a year ago.  &gt; In China, which is challenging the United States as the world&amp;#039;s biggest importer, oil demand growth has been slowing for some time, albeit from record levels, and analysts expect growth to slow further in coming months.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6i59zv/oil_prices_dip_on_further_rise_in_us_drilling/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147659 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Oil**^#1 **U.S.**^#2 **percent**^#3 **year**^#4 **crude**^#5\""}
{"_id": "552363", "title": "", "text": "\"Things don't just happen, you have to make them happen, you have to do the marketing and sales - link up with your prospective customers. And you have to have a well designed and well operating business. The key to good business management is \"\"do unto others as you would have them do unto you\"\" - ie. look at your business from your customers' perspective.\""}
{"_id": "552371", "title": "", "text": "Good course or book that goes deeper in quant math?   There are quite a few courses and books out there that cover finance and quantiative math. What I have observed is that online courses tend to be high level, introduce concepts like option pricing, greeks etc, but does not necessarily go into details of the math behind them. There are some books which cover these ( eg: Hull book, Paul Wilmott etc) , however they are better as reference books rather than book that you can learn in a structured way.    Can someone recommend a course ( free or paid) that goes into details of the finance math including concepts like local vol, stochastic vol, derivation of  Black\u2013Scholes , pricing of barriers, var swaps etc? Ideally these books should introduce low level concepts probability etc, have some worked examples and slowly build up into higher level concepts.    Thanks in advance."}
{"_id": "552375", "title": "", "text": "I think following the professional money managers is a strategy worth considering. The buys from your favorite investors can be taken as strong signals. But you should never buy any stock blindly just because someone else bought it. Be sure do your due diligence before the purchase. The most important question is not what they bought, but why they bought it and how much. To add/comment on Freiheit's points:"}
{"_id": "552383", "title": "", "text": "\"Aside from employer 401(k) matches (which may double your money immediately), paying off debts is almost always the best place to start. Paying off a debt early is a zero-risk operation and will earn you N% (where N is your interest rate). Is that a good deal for a zero-risk return? The closest equivalent today (Aug 24, 2012) is that you can earn about 2.68% on 10-year Treasury bonds. Unless you have a really, really good interest rate (or the interest is tax-deductible), paying off your loan will offer an excellent risk-adjusted return, so you should do that. The \"\"really good\"\" interest rate is typically a mortgage or student loans. (Mortgage interest is also tax-deductible, at least for now.) In those cases, you're not going to gain nearly as much by paying the loan early, and the loan is large - larger than the amount you want to have in risk-free investments. You want to invest for returns, as well! So you can save for retirement instead (in a 401(k) or similar account) and take on a little risk.\""}
{"_id": "552388", "title": "", "text": "&gt;So now you have to go hunting for things to be offended by? New level of desperation there.  Lolwut? You make a smug comment and someone wants to prove you wrong -- on reddit?! How dare they! How desperate to hold someone to their words! Libcucks just don't get it do they?   &gt;Let's discuss a timely topic, which I'm sure you have an opinion on:  &gt;Do you feel transgender people, with over 40% suicide rate, should be allowed in the military?   Well, considering that anyone with diagnosed depression or history of suicidal behaviors is already barred from joining the US military whether or not theyre transgender is irrelevant to the topic.   Yes, they ahould be allowed in assuming they meet the criteria already set in place for physical and psychological tests.  Additionally, we know that discriminating against transgender people at work is correlated with a significantly higher rate of suicide (Haas, Rodgers, Herman, 2014) so actively doing so is not only ineffective, but counterproductive.   There is no reason transgender people who meet all physical and psychological tests should not be allowed in the military.  I look forward to your intelligent discourse."}
{"_id": "552424", "title": "", "text": "\"TV is just distribution, be it a lucrative one.  The Networks (for the most part) don't produce shows.  They set up deals with production companies and if they like the idea give the go ahead to make 1/2 dozen or so episodes.  If ratings are there, then they'll order another season.  This system 'works' because the networks will hope for a 10% success rate (or something like that).  So, one in ten shows is a reasonable/major success.  Will that process end if networks end?  No, that's silly.  Production values may suffer, but how much does it cost to make a Seinfeld (excluding the incredible salaries for actors and writers)?  Not a whole lot.  Comedy Central is famous for giving comedians a shot at a show on TV in exchange for low reimbursement.  The top talent will always flow towards the best salaries, but the future may show the top talent risking their own reimbursement in exchange for profit sharing and risk taking.  Louis CK did so with his recent stand up act; he did very well and has inspired copycats.  One of the studios (or production companies) called his bypassing the tradition route of middlemen and promoters (who take the lions share of the profits) \"\"unamerican.\"\"  So the establishment sees the writing on the wall and resorts to upstarts as unamerican.  They will resort to laws to try to stop consumers getting what they want, but torrents and other bypasses will keep the pressure on.    My wife will come home, turn on the TV, and zone out.  But nobody else in my social circle does this.  It may be a male-female thing, or a generational thing, I don't know.  However, \"\"TV has always been innovative\"\" is not the way I see it.  In fact, it really only blocks progress.  From cable monopolies to trying to stop VCRs, the networks are an oligopoly trying to keep competitors out.\""}
{"_id": "552445", "title": "", "text": "\"Not really. Unless you can show that there was an intent for you to have the money repaid (basically - a written loan agreement), no court will accept your claim.  This is one of the situations you can see frequently on \"\"Judge Judy\"\" and such, and the decision is always the same: unless there's a written (or you convince the judge about a verbal) agreement that it is a loan - it is a gift.\""}
{"_id": "552466", "title": "", "text": "That is because they don't pay enough. Sure you can get good money in a union from a large urban center, but that is only a fraction of the trade jobs and they never have problems finding workers for decent unions. What they want is someone with experience that will work for an apprentice pay but work at a master's pace. Then the larger unionized companies just use the 'shortage' to hire foreign workers at a fraction of the wage exasperating the problem."}
{"_id": "552479", "title": "", "text": "Is there a way he can spin his knowledge into a consulting capacity?  If he can't find a job he can always create one.  Market himself as an onsite mentor/trainer perhaps.  Or make YouTube videos and market himself in that way.  Run the seminar circuit.  Just high and brainstorming here..."}
{"_id": "552486", "title": "", "text": "Private industry is not inherently more efficient; it's all about incentives.  Competition creates efficiency.   Bureaucracy reduces efficiency.  A large poorly run company without real competition has no incentive to be efficient.  Give a large company a 30 year exclusive contract with no strings attached and they will almost certainly perform worse than the government.  Write the contract such that it has to renewed every 2 years and their pay is based on performance, and maybe it will be more efficient.  Of course corrupt politicians don't write contracts like that."}
{"_id": "552496", "title": "", "text": "\"Step 2 is wrong. Leverage is NOT necessary. It increases possible gain, but increases risk of loss by essentially the same amount. Those two numbers are pretty tightly linked by market forces. See many, many other answers here showing that one can earn \"\"market rate\"\" -- 8% or so -- with far less risk and effort, if one is patient, and some evidence that one can do better with more effort and not too much more risk. And yes, investing for a longer time horizon is also safer.\""}
{"_id": "552533", "title": "", "text": ""}
{"_id": "552551", "title": "", "text": "I will not attach my name to either. Romney isnt great. Obama is just as bad just on different things. Regardless of who you might think the lesser evil is, I personally refuse to vote for evil at all.   Most people probably agree with me considering voter turnout is less than 50% in this country."}
{"_id": "552555", "title": "", "text": "The Fed basically took a short term view on the economy, and create inter-generational warfare by inflating asset prices.  The old folks got rich, and only the most successful millennials can afford a house.  Just wait until prices crash.  The end of the story hasn't been written yet."}
{"_id": "552562", "title": "", "text": "When I play Railroad Tycoon III, I often send my company deep into debt to get cash on hand to buy back shares, effectively increasing my ownership of the company as an absolute percentage. Then I issue massive dividends until my company goes bankrupt, and start a new company. It's a way to shuttle money borrowed against a company's assets into my personal bank account at no risk to me. In the MSFT case, maybe they think there will be inflation and this is a hedge against holding so many dollars in cash already. If they can borrow a couple billion in 2010 dollars and pay it back in 2015 dollars, they're probably going to end up ahead if all they do is buy back shares. Paying dividends with the money seems stupid vs. buying back shares - they're just driving up income taxes for investors."}
{"_id": "552577", "title": "", "text": "It's not a matter of claiming that no one deserves their success. It's a push back against the claim that luck doesn't play a determinative (but by itself insufficient) role in that success. edit: and how that perception shapes socio-cultural attitudes towards the less lucky."}
{"_id": "552578", "title": "", "text": "\"No!   The \"\"mostly false\"\", as clearly stated, by Politifact, is because, despite the claim being true, and even with additional 22 Billion Dollars, \"\"*it\u2019s a bit of a stretch for him to take credit for any changes in debt levels*\"\".   Yes, you read it! \"\"it's a BIT of a stretch\"\", just a bit, because, oh yes, Trump did not enact any fiscal legislation (he did!) and deficits only get cut if you do \"\"fiscal legislations\"\" (they don't).\""}
{"_id": "552581", "title": "", "text": "\"Here is what we do.  We use YNAB to do our budgeting and track our expenses.  Anything that gets paid electronically is tracked to the penny.  It really needs to be, because you want your transaction records to match your bank's transaction records. However, for cash spending, we only count the paper money, not the coins.  Here is how it works: If I want a Coke out of a vending machine for 75 cents, and I put a dollar bill in and get a quarter back as change, I record that as a $1.00 expense. If, instead, I put 3 quarters in to get the Coke, I don't record that expense at all.  Spending coins is \"\"free money.\"\"  We do this mainly because it is just easier to keep track of.  I can quickly count the cash in my wallet and verify that it matches the amount that YNAB thinks I have in my wallet, and I don't need to worry about the coins.  Coins that are in my car to pay for parking meters or coins in the dish on my dresser don't need to be counted. This works for us mainly because we don't do a whole lot of cash spending, so the amount we are off just doesn't add up to a significant portion of our spending.  And, again, bank balances are exact to the penny.\""}
{"_id": "552586", "title": "", "text": "As others have said, it depends on the brokerage firm.  My broker is Scottrade. With Scottrade the commission is assessed and applied the moment the order is filled. If I buy 100 shares of XYZ at $10 a share then Scottrade will immediately deduct $1007.02 out of my account. They add the commission and fees to the buy transaction. On a sale transaction they subtract the commission and fees from the resulting money. So if I sell 100 shares of XYZ at $11 a share I will get 1,092.98 put into my account, which I can use three business days later."}
{"_id": "552604", "title": "", "text": "Honestly? Literally anything else. The same way budgets have been done since the dawn of time. If you have a mandatory expense (livable wage because we're prioritizing human life over discretionary spending because ethics) you trim the fat from other areas to make it work."}
{"_id": "552607", "title": "", "text": "Visa and Mastercard are not consumer-oriented companies. They do not consider individual consumers as their direct clients, and do not sell directly to them. Instead, their clients are financial institutions who participate in their networks (which is what they're selling). The institutions target the individual consumers (merchants and credit card holders). American Express, for example, has a different business model. AX doesn't only sell network services to financial institutions, but also services to individual consumers. You can get a AX credit card/merchant account directly with AX, or through their client bank."}
{"_id": "552619", "title": "", "text": "&gt;We got an expert in cyber security!  Quick someone tell Target their customer's credit card info isn't accessible.  &gt;Because they put them everywhere without your knowledge and profile you based on it.  Oh look FUD.  &gt;Because Amazon has some of the best security in the world  http://www.foxbusiness.com/markets/2017/04/10/amazon-coms-third-party-sellers-hit-by-hackers.html  https://www.hackread.com/amazon-suffers-security-breach/"}
{"_id": "552632", "title": "", "text": "The focus of this article isn't on tax revenue. The author is discussing income disparity.   The laffer curve doesn't tell the whole story. You are correct, a higher tax rate does not imply higher tax revenue, and a lower tax rate does not imply less revenue. Changing tax rates isn't going to significantly affect tax revenue. However, there are a broad range of other effects when changing tax rates. In evaluating adjustments to tax rates, our focus needs to be on these secondary effects.   We are taxed on *income* not *revenue*.  When I sell you a $10 widget that I paid a worker $2 to produce from $5 of materials, I pay taxes on the $3 net income, not the $10 revenue I received from you.    The main way businesses avoid high marginal tax rates is by increasing deductible expenses, such that their net income after these expenses keeps them below their desired tax bracket.  It is far better to spend that money on something that can benefit the business than simply give it to the government. Any businessman would rather keep his earnings if possible. If that is not possible, he'd prefer to spend them on something that can help him, rather than squandering it on junk or giving it away to the government.   For most businesses, the largest deductible expense is payroll. Any decent employer would prefer to pay out a Christmas bonus instead of giving that same amount to Uncle Sam. Any businessman would prefer to pay for additional advertising, or a charitable donation to a worthy cause, rather than paying the IRS.   Run up the top-tier tax rate and suddenly, businessmen feel a compelling need to lower their prices and pay their workers more. Run up the tax rate, and income disparity shrinks.  Run up the tax rate, and you put more money in the hands of consumers."}
{"_id": "552636", "title": "", "text": "Can you elaborate more on what you are referring too? No where near an economic expert, but by 'demand side subsidization' are you referring to the fed gov giving people money for their health care costs? Excluding the erroneous spending, such as a patient only willing to take a brand name pharmaceutical drug instead of a generic, that health care will be needed regardless, correct? So if taxes fit the bill, why would costs for the care received go up? Is it just because the provider knows they'll get the $$ almost no matter what if it's gov $$? Or something else besides, to put it bluntly, greed that would directly increase those costs?  Serious question btw?"}
{"_id": "552674", "title": "", "text": "Yes, this will reduce your total interest. But not by much. Scenario 1: You run up bills for the month totaling $750, and then at the end of the month you get paid and pay $750. Scenario 2: You pay $750 at the beginning of the month. Then over the course of the month you run up bills totaling $750. Assume you have carryover debt of over $750 so you don't have a credit balance at any point. Either way, the net change in your balance for the month is zero. Assuming you spent about the same amount of money each day, the difference in your average daily balance will be $750. If you're paying 18% -- I think that's a fairly typical credit card rate -- that's 1 1/2% per month, so the difference in interest will be about $10. Note this is the most extreme case, the difference between paying on the first day of the billing period and paying on the last day of the billing period, and assuming that you pay all your bills by credit card. So in real life the difference in the interest will probably be less. You're talking about a technique to save maybe five bucks a month. I suppose every dollar helps. But the real solution is to get your credit cards paid off so you're not paying ANY interest."}
{"_id": "552677", "title": "", "text": "The reason there should really be no bad feelings for the bond-holders is that they knew full well that these were defaulted bonds, but bought them because they saw a loophole they could use to try and force Argentina's hand.   It was basically a setup to enable them to try and blackmail the government into 'undefaylting' on those bonds.   I recon what will happen in the end is that the other creditors, the ones who had accepted the haircut, will end up buying those bonds at close to full price, just to ensure they are paid at least part of their money back. Because around 95% of bond holders agreed to the haircut, the diluted costs would be small.   What is infuriating is the precedent these guys are setting. In the end, all bond will have class-action clauses in which a majority agreeing to a restructure will apply to all bond holders."}
{"_id": "552678", "title": "", "text": "\"Insurance is bought for peace of mind and to divert disaster.   Diverting disaster is a good/great thing.  If your house burned down, if someone hit your car, or some other devastating event (think medical) happened that required a more allocation than you could afford the series of issues may snowball and cause you to lose a far greater amount of money than the initial incident.  This could be in the form of losing work time, losing a job, having to buy transportation quickly paying a premium, having to incur high rate debt and so on.   For the middle income and lower classes medical, house, and medical insurance certainly falls into these categories.  Also why a lot of states have buyout options on auto insurance (some will let you drive without insurance by proving bonding up to 250K.   Now the other insurance as I have alluded to is for peace of mind mainly.  This is your laptop insurance, vacation insurance and so on.  The premise of these insurances is that no matter what happens you can get back to \"\"even\"\" by paying just a little extra.   However what other answers have failed to clarify is the idea of insurance.  It is an agreement that you will pay a company money right now.  And then if a certain set of events happen, you follow their guidelines, they are still in business, they still have the same protocols, and so on that you will get some benefit when something \"\"disadvantageous\"\" happens to you.  We buy insurance because we think we can snap our fingers and life will be back to normal.  For bigger things like medical, home, and auto there are more regulations but I could get 1000 comments on people getting screwed over by their insurance companies.  For smaller things, almost all insurance is outsourced to a 3rd party not affiliated legally with a business.  Therefore if the costs are too high they can simply go under, and if the costs are low they continue helping the consumer (that doesn't need help).   So we buy insurance divert catastrophe or because we have fallen for the insurance sales pitch.  And an easy way to get around the sales pitch - as the person selling you the insurance if you can have their name and info and they will be personally liable if the insurance company fails their end of the bargain.\""}
{"_id": "552689", "title": "", "text": "\"6%?  One wonders why a \"\"booming\"\" economy can't afford the rising costs of employment.  Typically being unable to fill a position means the wages are too low for the available pool of employees.  One raises wages until the roles are filled then raises prices accordingly.  If prices cannot be raised without consumption falling off, *then there are other issues.*\""}
{"_id": "552691", "title": "", "text": "\"&gt;Make sense, those willing to pay a large price premium on a lap top would probably be willing to spend more on a hotel.  And just as likely they would not be WANTING to reserve a room at the Motel 6, much less Ma &amp; Pa Kettle's \"\"rooms 4 rent\"\" fleabag motel.  If you're a \"\"brand name &amp; image\"\" consumer when it comes to consumers (the days when the Mac OS/GUI was pragmatically/functionally \"\"better\"\" than other products is long past), then you are probably into buying brand names and \"\"image\"\" in other products/services as well.\""}
{"_id": "552695", "title": "", "text": "\"No kidding. I'm not a fan of \"\"sales guys\"\" as a whole, but being paid commission alone is just insulting. As far as I'm concerned, it's pretty much just asking to have all your customers poached by a competitor that doesn't jerk people around when said sales guy ultimately leaves for a better position in 6 months -- because you'd have to be kind of a moron to do that job without some other benefit to make it worthwhile.\""}
{"_id": "552707", "title": "", "text": "\"The psychology of investing is fascinating. I buy a stock that's out of favor at $10, and sell half at a 400% profit, $50/share. Then another half at $100, figuring you don't ever lose taking a profit. Now my Apple shares are over $500, but I only have 100. The $10 purchase was risky as Apple pre-iPod wasn't a company that was guaranteed to survive.  The only intelligent advice I can offer is to look at your holdings frequently, and ask, \"\"would I buy this stock today given its fundamentals and price?\"\" If you wouldn't buy it, you shouldn't hold it. (This is in contrast to the company ratings you see of buy, hold, sell. If I should hold it, but you shouldn't buy it to hold, that makes no sense to me.) Disclaimer - I am old and have decided stock picking is tough. Most of our retirement accounts are indexed to the S&P. Maybe 10% is in individual stocks. The amount my stocks lag the index is less than my friends spend going to Vegas, so I'm happy with the results. Most people would be far better off indexing than picking stocks.\""}
{"_id": "552710", "title": "", "text": "The bank certainly doesn't have to take it for a deposit; that's not a debt.  There have been several cases where disgruntled debtors have attempted deliberately annoying ways to pay their debts; the apocryphal example being pennies.  Courts are not likely to support such efforts since it's obvious that a) the action is malicious and (relevant to you) b) it's really on you to maintain your money in a wieldy form.  If you allow your money to become unwieldy, nobody owes you anything.   I wonder about the meta-meaning of that.  And whether, in that light it really makes sense to worry about 5% or rolling.  As far as getting rid of it, when I bought out a girlfriend's piggybank at par, I just made sure to walk out of the house with $5 in change in my pocket and unload $2-3 at every retailer, none ever objected and some appreciated.  Quarters were traded to coin laundry users. When going on transit I brought a bunch, the machines never grumbled.  I burned through the cache much faster than expected."}
{"_id": "552713", "title": "", "text": "Subsidies are anti-competitice practices. Its the government picking winners and losers over the market's preference.  Just like onerous regulations. Smaller companies aren't able to hire the overhead required to keep up with them, and are therefore fined out of existences due to this countries staggering regulatory burden."}
{"_id": "552714", "title": "", "text": "I took it in my Junior year and scored 99th percentile. Two years later, I've had dozens of resume requests without any results. Personally, now that you can take it multiple times and from anywhere, I think it has lost any value it may have provided."}
{"_id": "552747", "title": "", "text": "Income Tax would only be levied on the 10% commission that you earn and not on the total amount kept in the Escrow Account."}
{"_id": "552756", "title": "", "text": "This author is conflating a sole proprietorship and a one-man shop.  Sole proprietorship is a tax designation as to who *owns* the business; an individual rather than a shareholder(s) or partner.  I operate as a sole proprietor, and have always had between four and six employees."}
{"_id": "552757", "title": "", "text": "\"&gt;During the dot-com boom, tons of people with liberal arts degrees and no experience wound up as \"\"software engineers\"\". Not all of them sucked, but many did, and the dot-com crash sorted that out. As an engineer, I saw this first hand, and it wasn't a bad thing -- I had a lot of co-workers in 2000 who weren't pulling their weight. This is going to sound heartless, and maybe it is, but if someone has been unemployed 3 years, maybe it is time for a career change.  This was what I'm arguing about not the economics of the situation. You make the argument that it is not a bad thing because their skills were lacking. But that isn't the case with the receptionists and this is not just one branch that is suffering. I think its a terrible thing that has little to do with the skills of people and the \"\"right\"\" career path.  When there are no jobs or very little jobs being unemployed for 3 years is hell and considering a career change it not as simple as you make it sound.\""}
{"_id": "552768", "title": "", "text": "If the foreclosed property is sold for more than is owed, then the borrower is entitled to the excess. If sold for what is owed or less, then the borrower gets nothing. Any money that you are entitled to would be determined by your contract with the mortgaged owner, but the bank is the first lien-holder, they get made whole first, and if there is excess then you may see some of your money back depending on your contract with the mortgaged owner. Since the bank owns the property until the mortgage is paid off, you would have had to work with the bank in order to have legal ownership of a portion of the house and approving partial sale of a house is not something most banks would likely care to do. A contract you worked up with the borrower doesn't give you legal claim to the house (in foreclosure, at least), due to the bank's lien. You'd have to contact a lawyer for firm answers, but it sounds bleak."}
{"_id": "552773", "title": "", "text": "\"for sure but with those excuses you would find a forced underclass in certain bigoted areas of the us, and their excuse would always be \"\"liked minded\"\"... \"\"i just dont get along with blacks\"\" SO your comfort is disrupted so that we dont have people majorly oppressed so you can feel comfortable. It sucks that is the way it is, but it is.\""}
{"_id": "552792", "title": "", "text": "\"Aside from the calculations of \"\"how much you save through reducing interest\"\", you have two different types of loan here.  The house that is mortgaged is not a wasting asset. You can reasonably expect that in 2045 it will have retained its worth measured in \"\"houses\"\", against the other houses in the same neighbourhood. In money terms, it is likely to be worth more than its current value, if only because of inflation. To judge the real cost or benefit of the mortgage, you need to consider those factors. You didn't say whether the 3.625% is a fixed or variable rate, but you also need to consider how the rate might compare with inflation in the long term. If you have a fixed rate mortgage and inflation rises above 3.625% in future, you are making money from the loan in the long term, not losing what you pay in interest. On the other hand, your car is a wasting asset, and your car loans are just a way of \"\"paying by installments\"\" over the life of the car. If there are no penalties for early repayment, the obvious choice there is to pay off the highest interest rates first. You might also want to consider what happens if you need to \"\"get the $11,000 back\"\" to use for some other (unplanned, or emergency) purpose. If you pay it into your mortgage now, there is no easy way to get it back before 2045. On the other hand, if you pay down your car loans, most likely you now have a car that is worth more than the loans on it. In an emergency, you could sell the car and recover at least some of the $11,000. Of course you should keep enough cash available to cover \"\"normal emergencies\"\" without having to take this sort of action, but \"\"abnormal emergencies\"\" do sometimes happen!\""}
{"_id": "552804", "title": "", "text": "That's an excuse. During the 50s there were plenty of women in the workforce and nothing changed. If that's the case the income should have halved but in reality it's been reduced to about 30%. More to the point companies today couldn't afford to pay people the amount they paid in the past.  EDIT: Why am I being downvoted. Every I have said is 100% factual."}
{"_id": "552810", "title": "", "text": "\"So after a great deal of clarification, it appears that your question is how to adjust your withholding such that you'll have neither a refund, or a balance due, when you do your 2016 taxes next year.  First, a little terminology. The more you have withheld, the more money will be taken out of your check to cover your estimated tax liability. Confusingly, the more allowances you select on your W-4, the less money you will have withheld (more allowances means more dependents/deductions/other reasons why you will owe less tax). When you go to file your 2015 tax return next year, you'll figure out exactly how much you owe. If you had too little tax withheld, you'll have to pay the difference. If you had too much tax withheld, you'll get a refund back.  Given your situation, simply following the instructions on the W-4 should work pretty well. If you want to be more precise, you can use the IRS Withholding Calculator to figure the number of allowances and submit a new W-4 to your employer.  It's a little hard to tell whether \"\"paying this much/year in taxes seem steep?\"\" because you've lumped all the taxes together in one big bucket. Does the $543.61 in taxes per paycheck include Social Security (OASDI) and Medicare taxes? Whatever you do, it's not going to be an exact science. Come tax time, you'll figure out exactly what you owe and either pay the balance or get a refund back. As long as you're relatively close, that's fine. You can always adjust your withholding again next year after you've done your taxes.\""}
{"_id": "552819", "title": "", "text": "I was meaning to say that lower cost will equal lower priced products, at least on products that are already low margin and high volume (like most tech products).  I agree that nice stuff/crap stuff can come from anywhere; we're in a very global economy."}
{"_id": "552820", "title": "", "text": "&gt;then employers will likely defer to candidates that they deem to be more mature.  Recruiters go for fresh idealistic faces at college campuses, not jaded 30 somethings who probably won't *attempt* to give 110% their first 2-5 years on the job. That's how my industry (Accounting) works at least. Public Accounting likes to get them while they're young and idealistic, burn them out working ridiculous unpaid overtime, then discard the 98% who aren't deemed partner material.   A 30-something who has worked a bunch of dead-end jobs for low pay isn't going to be as enthused to work a job where you get used and thrown away as they've been there and done that and know it doesn't really get you anywhere."}
{"_id": "552821", "title": "", "text": "I didn't say it wasn't a joke, just correcting your comment with some first hand knowledge.     I don't think bitcoin is a useful currency either. I used it for awhile, who is going to wait 10 minutes to an hour to send a payment? Not me, debit is faster. I don't even own any more, sold all of it for cash. The irony is the network wasn't scaled with demand, and now fees are out of control... its not useful as currency and you're right to think so.     That being said, I do think the underlying technology has some potential, specifically smart contracts which are on Ethereum. Again, I don't think it should be a currency, but the being able to run decentralized and trustless programs is pretty damn cool IMO."}
{"_id": "552828", "title": "", "text": "Our extremely lovable Apricot teacup maltipoo puppies for sale can make for a wonderful pet and companion. They are fast learners with house training and are basically called as the poodle mix puppies. Considered as one of the smartest dogs, they are non shedding hypoallergenic puppies."}
{"_id": "552832", "title": "", "text": "SECTION | CONTENT :--|:-- Title | Humans Need Not Apply Description | Discuss this video: http://www.reddit.com/r/CGPGrey/comments/2dfh5v/humans_need_not_apply/ http://www.CGPGrey.com/ https://twitter.com/cgpgrey  ## Robots, Etc:  Terex Port automation: http://www.terex.com/port-solutions/en/products/new-equipment/automated-guided-vehicles/lift-agv/index.htm  Command | Cat MieStar System.: http://www.catminestarsystem.com/capability_sets/command  Bosch Automotive Technology: http://www.bosch-automotivetechnology.com/en/de/specials/specials_for_more_driving_safety/... Length | 0:15:01           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "552833", "title": "", "text": "I'd recommend Introductory Econometrics by Wooldridge. It was a staple in my undergraduate years, although I'm not sure how much it differs from the one by Brooks.   Also, I would suggest looking into Mathematical Statistics. It helps with understanding some of the more complicated models used in forecasting (understanding maximum likelihood estimation, etc, was key for me).   Here's a free textbook that I found helpful as well: http://www.ssc.upenn.edu/~fdiebold/Teaching221/Forecasting.pdf"}
{"_id": "552845", "title": "", "text": "I agree with Rich Seller.  Avoiding a trip to the store is a benefit.  Not only do you save the time and hassle, but there's real money saved if a car trip is avoided: I maintain a spreadsheet for all of my car expenses \u2013 depreciation, maintenance, insurance, license & registration, gas, etc. Combined with starting & ending odometer readings for the year, I can see exactly what it costs me to drive one kilometre.  Granted, some costs are fixed simply by virtue of having the car, but gasoline is a variable cost avoided when a trip is avoided."}
{"_id": "552846", "title": "", "text": "I calculated state and local income tax, property tax and train fares and decided it costs about a $650 less to live in New Jersey. So, I guess I'm staying in New Jersey."}
{"_id": "552887", "title": "", "text": "My observations is that this seems like hardly enough to kill   inflation. Is he right? Or are there better ways to invest? The tax deferral part of the equation isn't what dominates regarding whether your 401k beats 30 years of inflation; it is the return on investment.  If your 401k account tanks due to a prolonged market crash just as you retire, then you might have been better off stashing the money in the bank.  Remember, 401k money at now + 30 years is not a guaranteed return (though many speak as though it were).  There is also the question as to whether fees will eat up some of your return and whether the funds your 401k invests in are good ones. I'm uneasy with the autopilot nature of the typical 401k non-strategy; it's too much the standard thing to do in the U.S., it's too unconscious, and strikes me as Ponzi-like.  It has been a winning strategy for some already, sure, and maybe it will work for the next 30-100 years or more.  I just don't know.  There are also changes in policy or other unknowns that 30 years will bring, so it takes faith I don't have to lock away a large chunk of my savings in something I can't touch without hassle and penalty until then. For that reason, I have contributed very little to my 403b previously, contribute nothing now (though employer does, automatically.  I have no match.) and have built up a sizable cash savings, some of which may be used to start a business or buy a house with a small or no mortgage (thereby guaranteeing at least not paying mortgage interest).  I am open to changing my mind about all this, but am glad I've been able to at least save a chunk to give me some options that I can exercise in the next 5-10 years if I want, instead of having to wait 25 or more."}
{"_id": "552897", "title": "", "text": "Your business may need some sprucing up. Did you know that we can take care of commercial paint jobs in Vancouver as well? We have years of experience and we will help you to get your business looking as great as it did the first day that you moved into your building.  http://barwickpainting.com/commercial/"}
{"_id": "552912", "title": "", "text": "If you've got had a business for any period of time, you may have taken into consideration incorporating your corporation. Thoughts of incorporation may also be accompanied by using thoughts of time, expense, and tremendous quantities of paperwork. You may have notion which you have been required to apply an legal professional or take days or even weeks, of your personal time to sift via the paperwork and crimson tape simply to comprise your business Online incorporation. After thinking about what appears, at the floor, to be an awesome assignment, you could have set the choice aside for some other day."}
{"_id": "552922", "title": "", "text": "\"The success rate is terrible.  At the same time, what are the success rate for any business endeavor?  Isn't it something like 80% of startups fail in the first 5 years?  That's not far off for the success of traders.  Just like all the success cliches say, it comes down to how bad you want it.  What will you sacrifice to be a successful trader?  How much will you work to be a successful trader?  Will you accept the pain and failure it takes to be a trader?  Who cares if \"\"soandso\"\" can do it?  If you want it, you should be saying, \"\"I will do it because I say so\"\".  Only you know if you're willing to take the risk.  At the same time, you're a college student, what's the worst that will happen if it doesn't work out?  Check out /r/getmotivated...\""}
{"_id": "552927", "title": "", "text": "It seems like all the companies on their scale treat their employees like garbage. However, I try not to shop at those places. The invisible hand of the market impacts Wal-Mart, but it has little real impact. Look at this thread, some people praise Wal-Mart because of this, but they've been treating them badly for decades."}
{"_id": "552934", "title": "", "text": "What I'm saying is the NATO thing is also aggressive, and the coup was aggressive.  Also I think ukraine is just another battle in a very long war between Russian and American oil interests. That's why I don't want to take a side, except keep the American military out of it."}
{"_id": "552944", "title": "", "text": "\"I worked in the service industry for over 10 years and this came up every now and again.  Mostly in hypothetical situations.   I'm not a tax expert, but my general understanding is that it is viewed as income by the IRS if you performed a service of any kind in exchange for the money.  In other words, if you waited on the table, and they left you a gift for doing so, it is taxable.   You'll probably also find that if you pool tips with other employees or have to tip out the bartenders, cooks or dishwashers, they'll generally agree with the IRS that you clearly received a tip and want their fair share. While the concept of \"\"gifting\"\" money to others in a situation like this is intriguing, especially in the service industry, it really doesn't meet the definition of a gift in the eyes of the IRS. For it to truly be a gift, the person would have had to intend to gift you the money even if they hadn't come into your restaurant at all that night.  That clearly is not the case here.\""}
{"_id": "552959", "title": "", "text": "Just to stand up for Microsoft a little bit, their Zune players were fantastic.  I still use mine in my car.  More durable than iPods, better looking design (not counting the 1st gen), and their music service was ahead of it's time.  Unfortunately the device was a little late to the game.  Zune launched when phones were taking over the music player space, and people didn't want dedicated devices for that.   For their OS, the enterprise side is really what has been causing headaches for home users for a long time.  The fact that many applications function on Windows 8.1 that were originally written for Windows 95/98/2000 says a lot about how committed Microsoft is to the enterprise world (the enterprise world has a hard time letting go of old software).    Apple doesn't have this problem, they frequently release updates that render older applications inoperable and leave it up to the people who wrote the software to fix it.  It makes their OS significantly less complicated, which reduces the issues that common users see.    From an IT Professional standpoint, Apple has a ton of their own problems, especially with the enterprise, but most home users don't see that.    I think your accusation of MS being complete dogshit is pretty harsh.  While Windows has issues, especially at the hands of inexperienced users, it is very impressive software.   Just for disclosure, I use a Macbook at work for network and datacenter related IT work, have a Windows 7 VM on that, and my home computer runs Windows 7 as well.   Probably going to pass on 8, due to commonly known gripes."}
{"_id": "552992", "title": "", "text": "&gt;Mr. Bishop says he puts out an average of 35 posts a week, and estimates that he would need to spend a minimum of $9,100 a year if he opted to pay fees to promote each one of them to his more than 1,500 followers.  Who the hell wants to hear about a company 35 times a week?"}
{"_id": "553004", "title": "", "text": "Minimum wage is terribly low.  However, someone making $1700 a month (income from first job), does not have to be homeless in Kansas.   You are not living in the ritzy neighborhood, and would need to budget.   But this is a long way from homelessness.   The average 2bed Kansas City is [under $500 per month](https://www.kcpremierapts.com/how-we-work/nitty-gritty/kansas-city-apartment-pricing.html) in some neighborhoods.   That leaves enough money for food.      Not a desirable lifestyle, but a long way above homelessness unless there are mental health and addiction issues."}
{"_id": "553007", "title": "", "text": "I think there are similar downsides to creative careers though.  When everything you do is subjective, it can be just as bad.  Creative decisions are based on intangible thought processes, so instead of having endless powerpoints explaining a decision with data, you have endless powerpoints that have no practical, logical drive at all.  Source: worked for a major media company."}
{"_id": "553009", "title": "", "text": "First, almost no truck company will agree to this. They'll just laugh. Half of truck company's have owner operators, who will just pick up and move elsewhere. They can even start working for Amazon directly because (number two) Amazon is starting it own transportation, slowly but surely. This won't happen, and Walmart is stupid for trying."}
{"_id": "553031", "title": "", "text": "Your question seems like you don't understand what a Roth IRA is. A Roth IRA isn't an investment, per se. It is just a type of account that receives special tax treatment.  Just like a checking and savings account are different at a bank, a ROTH IRA account is just flagged as such by a brokerage. It isn't an investment type, and there aren't really different ROTH IRA accounts.  You can invest in just about anything inside that account so that is what you need to evaluate. One Roth IRA account is as good as any other.As to what to invest your money in inside a ROTH, that is a huge question and off-topic per the rules against specific investing advice."}
{"_id": "553058", "title": "", "text": "\"They also ignored bankruptcy law and gave a large part of the New GM to the unions when it should belong to the bondholders. Or if the bondholders are getting wiped out, it should belong 100% to the US Government. Theoretically you need the legislative or judiciary branches to back such actions, but in practice it doesn't always happen. Or when Obama tanked the Las Vegas tourism industry when he took at shot at the \"\"fat cats\"\" and the next day all the executives cancelled their corporate events in Vegas because they wanted to get out of the line of fire.\""}
{"_id": "553061", "title": "", "text": "\"Lol you finance guys are so hilarious. You don't understand cryptocurrencies or \"\"decentralized ledger technology\"\" at all. The ONLY way it works is if people have some **incentive** to actually secure and verify the Merkle Chain.... If I'm not getting something out of it **Why the fuck would I run a program to do that? Just to watch the computer get hot?** The block reward (aka the amount of bitcoins) I get are the underpinning incentive to do so! Get it? No bitcoins = nobody wants to secure your ledger! Therefore these \"\"permissioned ledgers\"\" are not going to be as secure or as trustworthy. There will likely be some cool shit that comes out of permissioned ledgers and intrablockchain stuff, but you are completely missing the ball if you think the actual bitcoins are dumb...... I know its complicated, it takes a while to **actually** understand, but it's partially engineering and you actually have to understand it all before you get to call it stupidity. The \"\"non-speculative value\"\" or utility of bitcoin as a currency seems to work just fine for online drug markets and has done quite a bit of business. It's got fantastic utility for buying retail shit online without having to give up personal information as well. It's got great utility for remittance. It's got divisibility. It is indeed a bonafide currency....    **TLDR; So how do you think that the recordkeeping gets done? Do you think people will do this for free? What function do you think the \"\"cryptocurrencies\"\" themselves currently serve? How do you think permissioned ledgers will be secure (i.e. tamperproof) if not done by public record? Don't you think that if they simply wanted to prevent tamperproof records they only need to use an airgapped computer and pen and paper?***\""}
{"_id": "553062", "title": "", "text": "In other words, Wal-Mart offered them a job, when no one else would. But somehow that makes Wal-Mart the villain. I guess they should learn their lesson, raise wages, and hire workers with higher skill sets. That'll make you feel warm and fuzzy, and it'll give someone else a higher wage job. Of course, the low skill workers will just not be hired to any job, but I guess it's better for them to be on straight welfare than working with some subsidies. Right?"}
{"_id": "553066", "title": "", "text": "SEC forms are required when declaring insider activity.  An insider is defined by the SEC to be a person or entity which (i) beneficially owns 10% or more of the outstanding shares of the company, (ii) is an officer or director of the company, or (iii), in the case of insider trading, does so based on knowledge which is not otherwise publically available at the time.  At any rate, the person or entity trading the stock is required to file certain forms. Form 3 is filed when a person first transitions into the status of an insider (by becoming an officer, director, or beneficial owner of a certain percentage of stock). Form 4 is filed when an existing insider trades stock under the company's symbol. Form 5 is filed when certain insider trades of small value are reported later than usual. *More information can be found at the SEC's website. Another possibility is that a large number of options or derivatives were exercised by an officer, director, or lending institution.  In the cases of officers or directors, this would need to be declared with an SEC form 4.  For an institution exercising warrants obtained as a result of a lending agreement, either form 3 or 4 would need to be filed. In addition to the above possibilities, username passing through pointed out a very likely scenario in his answer, as well."}
{"_id": "553075", "title": "", "text": "The facet of this that I find most intriguing is that our media companies are much smaller than most corporations.   According to the lawsuit, BPI claims that they were caused $5.7 **billion** dollars in damages. It claims that they were seeing $650 million in annual revenue before the story.  The numbers are so huge that anyone causing any disruption to such a large corporate machine is something that cannot be repaid. Imagine if you caused that company a 1% decline in sales. That's $6.5 million. Can you pay restitution on that?  Our corporations are too large, and their power is too great. We need to break shit like this up."}
{"_id": "553105", "title": "", "text": "Well, arbitrage is a simple mean reversion strategy which states that any two similar commodity with some price difference (usually not much)  will converge. So either you can bet on difference in prices in different exchanges or also you can bet on difference in futures value.  For example if current price of stock is 14$ and if futures price is 10$.  Then you can buy one futures contract and short one stock at the market price. This would lock in a profit of 4$ per share."}
{"_id": "553106", "title": "", "text": "You haven't indicated where the funds are held. They should ideally be held in NRO account. If you haven't, have this done ASAP. Once the funds are in NRO account, you can repatriate this outside of India subject to a limit of 1 million USD. A CA certificate is required. Please contact your Indian Bank and they should be able to guide you. There are no tax implications of this in US as much as I know, someone else may post the US tax aspect."}
{"_id": "553110", "title": "", "text": "\"There are situations where you can be forced to cover a position, particular when \"\"Reg SHO\"\" (\"\"regulation sho\"\") is activated. Reg SHO is intended to make naked short sellers cover their position, it is to prevent abusive failure to delivers, where someone goes short without borrowing someone else's shares. Naked shorting isn't a violation of federal securities laws but it becomes an accounting problem when multiple people have claims to the same underlying assets. (I've seen companies that had 120% of their shares sold short, too funny, FWIW the market was correct as the company was worth nothing.) You can be naked short without knowing it. So there can be times when you will be forced to cover. Other people being forced to cover can result in a short squeeze. A risk. The other downside is that you have to pay interest on your borrowings. You also have to pay the dividends to the owner of the shares, if applicable. In shorter time frames these are negligible, but in longer time frames, such as closer to a year or longer, these really add up. Let alone the costs of the market going in the opposite direction, and the commissions.\""}
{"_id": "553126", "title": "", "text": "And it will fail miserably. Anyone who ever done any groceries knows shoppers dont behave in the way like that in the videos. Its way more chaotic especially around produces section. But sure, it looks nice for a concept video filled with people whom you rarely see at grocery stores."}
{"_id": "553133", "title": "", "text": "\"A couple of thoughts and experiences (Germany/Italy): First of all, I recommend talking to the Belgian bank (and possibly to a Dutch bank of your choice). I have similar conditions for my German bank accounts. But even though they talk about it as salary account (\"\"Gehaltskonto\"\") all they really ask for is a monthly inflow of more than xxxx \u20ac - which can be satisfied with an automatic direct transfer (I have some money automatically circulating for this reason which \"\"earns\"\" about 4% p.a. by saving fees). In that case it may be a feasible way to have a Belgian and a Dutch bank account and set up some money circulation.  Experiences working in Italy (some years ago, SEPA payments were kind of new and the debits weren't implemented then):  My guess with your service providers is that they are allowed to offer you contracts that are bound to rather arbitrary payment conditions. After all, you probably can also get a prepaid phone or a contract with a bill that you can then pay by wire transfer - however, AFAIK they are allowed to offer discounts/ask fees for different payment methods. Just like there is no law that forces the store around your corner to accept credit cards or even large EUR denominations as long as they tell you so beforehand.   AFAIK, there is EU regulation saying your bank isn't allowed to charge you more for wire transger to foreign country within the SEPA zone than a national wire transfer.\""}
{"_id": "553134", "title": "", "text": "\"I'm not. it's going to backfire and here's why.   if you raise wages they will lose their section 8 housing and Medicaid.   if they're not on either it will still affect people in the area because if you raise wages you raise the price of goods and services, taxes go up, cost of living goes up, and they're back at square one.   this whole idea of \"\"I deserve more because I live here\"\" needs to get tossed. Nothing in life is handed to you so why the fuck would a decent job fall out of the sky?   get with it....\""}
{"_id": "553165", "title": "", "text": "It's true not everyone loves every style.  COuld have said that for any style lol. Yes, I love authentic Neopolitan pizza as well, but it has a few drawbacks. 1) Not good for deliver, must be eaten instantly. 2) many not familiar with it. 3) new chains are trying to replicate it (pieology) and do it horribly, thus watering it down."}
{"_id": "553185", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/09/06/opinion/housing-regulations-us-economy.html) reduced by 89%. (I'm a bot) ***** &gt; Since the 1970s, a property-rights revolution - what critics call Nimbyism, from &amp;quot;Not in my back yard&amp;quot; - has significantly reduced the development of new housing stock, especially in cities where the economy is strongest.  &gt; The cost for the country of too-stringent housing regulations in high-wage, high-productivity cities in forgone gross domestic product is $1.4 trillion.  &gt; Because of the prohibitive cost of housing caused by these regulations, innovative companies in Silicon Valley and Boston do not grow as much as they could, and new businesses do not get created.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6yl8nt/how_local_housing_regulations_smother_the_us/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~205629 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **housing**^#1 **cost**^#2 **New**^#3 **regulations**^#4 **project**^#5\""}
{"_id": "553190", "title": "", "text": "I have had this username when I was much more immature than I am now. I am hoping it serves as a reminder that we can ascribe to higher thoughts despite our beginnings, that you can never really start over, but instead must overcome"}
{"_id": "553192", "title": "", "text": "Your analogy is a poor representation of my point. My point being that finding success in life is hard, no matter what you want to do. An idea that is consistent in all ideologies.   Well, it is solely controlled by s/d, kinda. The things you listed all affect s/d which controls the market. Of course there will always be waves of new graduates to fill min wage jobs, because most everyone can do them, that was kinda my point. It's not so much the company controlling demand as it is the company adjusting to it, if there are an abundance of min wage jobs relative to the amount of workers, they wouldn't be min wage jobs. This premise of s/d is in no way unique to capitalism. And even the fluctuations in compensation to mirror your contribution and skills isn't unique to capitalism.  Sure capitalism favors those with more capital, which is the point. In order to acquire capital you need to do productive things, which (idealy) are productive to some degree to society as a whole. So, acquire more capital- SEE IT'S SO EASY!"}
{"_id": "553205", "title": "", "text": "The liabilities are the same regardless of the route, besides tax evasion schemes such as handing the money to her as cash. Taxes will run up to half of the amount. The best routes are: Western union, moneygram, and similar services- about 2k You are allowed to gift 14k tax free. You can increase this amount by sending to multiple trusted people. See here. https://turbotax.intuit.com/tax-tools/tax-tips/Tax-Planning-and-Checklists/The-Gift-Tax-Made-Simple/INF12127.html The gifter pay taxes, the giftee does not- unless the gifter fails to pay.  Let me know which route you prefer. If you do a bank transfer then you will have to work that out with your bank. If you chose to do a wire transfer, yes. Yes, if it's no more than about $2000."}
{"_id": "553212", "title": "", "text": "It all boils down to this: If you don't have a record of what you own before a fire happens, you can't get it after the fire happens. The more records you have, the better.  Proof of sales price.  Proof of authenticity.  Condition.  Quantity.  If you have to prove value, you'll be glad you have the records. It makes sense also to see what kind of things are not covered.  Is art covered?  How about coins or jewelry?  A stamp collection?  Antiques?  If replacing these kinds of things is important to you, then make sure you (a) have insurance for it, and (b) can demonstrate its value with your records (purchase receipt, appraisal, etc.)"}
{"_id": "553235", "title": "", "text": "\"Following @Brick's advice, I am posting this as an answer so it \"\"stands apart from the question\"\", but all the credit goes to @TTT, whose instructions I followed. I was able to get this collection completely deleted/removed from the 2 bureaus that were reporting it, using only the online dispute process. Of course, your mileage may vary, but here's some more details, that may be helpful to others. Equifax: Success! 3 weeks after disputing the collection using the online dispute process, and uploading my (scanned) \"\"final account statement\"\" to show that I paid the apartment complex, I received an email confirmation that it is deleted. (I had to go to a webpage to get the actual result.) TransUnion: Success! Although I never heard back from TU, my CreditKarma account now shows that the collection is no longer on my TU report either. I am not sure if this is because Equifax deleted it and TU just followed suit, or if TU did their own investigation (ideas, comments? could help others). Their online dispute process bugged out and didn't accept my upload, so they would have had to contact the apartment complex, so I was supposed to receive something by mail. I still haven't, but it's definitely gone from my report. Experian: It didn't show up on this report, so I can't give any feedback. I suppose it's also worth noting that I did not ever have any contact with the Collections Agency. I did visit the apartment office, in person, in order to get a copy of my final statement. While there, I spoke with the (new) manager, who said she would try to reach up the chain of command to figure something out. I'm not sure how much difference, if any, this may have made, as the complex is now owned by an entirely different company. In fact, the new manager had no idea who the old management company was, much less which collections agency they used. Also worth noting: Removing the collection made my score rise from 623 to 701! I know because, after getting the collection removed from my report, I re-applied for the auto loan I had been denied 3 weeks prior, and they gave me my Equifax score both times.\""}
{"_id": "553253", "title": "", "text": "E.g. I buy 1 stock unit for $100.00 and sell it later for $150.00 => income taxes arise. Correct. You pay tax on your gains, i.e.: the different between net proceeds and gross costs (proceeds sans fees, acquisition costs including fees). I buy 1 stock unit for $150.00 and sell it later for $100.00 => no income taxes here. Not correct. The loss is deductible from other capital gains, and if no other capital gains - from your income (up to $3000 a year, until exhausted). Also, there are two different tax rate sets for capital gains: short term (holding up to 1 year) and long term (more than that). Short term capital gains tax matches ordinary income brackets, whereas long term capital gains tax brackets are much lower."}
{"_id": "553256", "title": "", "text": "Why not ask Willard Romney about this, he has 138 differant accounts in the Cayman's island, all with the post office box of 908. Not to mention his accounts in Swiss banks,banks in Ireland and a few more. The only problem with asking Willard Romney about this is, we will get a differant answer each time we ask."}
{"_id": "553259", "title": "", "text": "EShred is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document shredding in Sydney."}
{"_id": "553269", "title": "", "text": "Couch Dental Care in Idaho Falls makes oral health care easy and accessible for local residents. We specialize in all kind of cosmetic dentistry, sedation dentistry and dental implant procedures and have been serving expertise based on the specific needs of individuals. Schedule an appointment today."}
{"_id": "553277", "title": "", "text": "The bit I don't quite understand is why you are thinking about staying in debt in the first place - you're basically thinking about shuffling around assets and liabilities in order to stay in debt? I think what I would do in your situation is to liquidate enough of the investments you have and pay off the mortgage. This doesn't change your net worth position less the fees etc that you might incur, but it'll save you the interest for the mortgage over the remaining term of your mortgage."}
{"_id": "553288", "title": "", "text": "Are you working? Does your employer offer a 401(k) and if so, is there any match?  Saving should be taught to kids at the same time they are old enough to get an allowance. There are many numbers tossed around, but 10% is a start for any new saver. If a college graduate can start by saving even 15%, better still. If you find that the 10% is too much, just start with what you can spare, and work to build that up over time, perhaps by splitting any future raises, half going toward savings, half to spending.  Good luck. Edit  - my 12 yr old made good money this summer baby sitting. I'm opening a Roth IRA for her. A 10 yr head start on her retirement savings. Edit (Jan-2013) - she's 14 now, 3 deposits to the Roth total $6000, and she's planning to up the number this year. Her goal is to have $50K saved in her Roth by the time she graduates college.  Edit, by request (July-2017) 18, and off to college next month. Just under $24K, all invested in an S&P low cost index. We are planning to continue deposits of $4-$5K/yr, so the $50K is still a good goal."}
{"_id": "553289", "title": "", "text": "There isn't going to be one right answer, but LessWrong has some posts on effective altruism you might find helpful. They also link to a TED talk"}
{"_id": "553293", "title": "", "text": "\"If the Federal Reserve were to pay banks to hold money, they would need to get the money from somewhere to do so.  They would have three options: Go to Congress, and request and authorization of funds. As an quasi-independent entity, however, it would be both highly unorthodox for an institution to diminish its own authority by requesting funding, and politically difficult for the Congress to appropriate it. Transfer held-assets  After QE & QE2, the Fed is now the holder of several assets (mortgages and the like) that are already unorthodox for it to hold. It acquired these assets in the first place to soak up excess demand.  If these assets were transferred back to banks, it would have exactly the opposite effect - increasing supply and further suppressing the value of the assets they would be trying to shore up by lowering the interest rate. \"\"Print money\"\"  The fed could raise the money supply by issuing new bonds. This is inherently inflationary, and while pretty much everyone agrees this isn't bad in the short run, there is already widespread fear that in the long run, QE by itself is going to unleash massive inflation once growth returns anyway.  To keep \"\"pushing on this string\"\" would only excerabate these fears, and quite likely turn it into a self-fufilling prophecy. In short, the Fed \"\"could\"\" pay banks to hold money, but the political and economic consequences of raising the needed funds to do so would all undermine the institution or the desired effect.\""}
{"_id": "553304", "title": "", "text": "Actually, most of the forex traders do not prefer the practice of leveraging. In forex trading, a contract signed by a common trader is way more than any common man can afford to risk. It is not a compulsion for the traders to use leveraging yet most of the traders practice it. The other side of it is completely different. Trading companies or brokers specifically like it because you turn into a kind of cash cow when your account gets exhausted. As for trader, most of them don\u2019t practice leveraging."}
{"_id": "553310", "title": "", "text": "This long winded response could be down to this: non lawyers from New Hampshire get surprised by Florida lawsuit. Decided to fight it without a lawyer, gets surprised when lawyer knows more than them. Waits until it's too late and then looks for a lawyer who ends up conflicted out.   The advice we always give when someone has a legal problem: hire an attorney.   These people didn't follow the advice and got burned by their own ignorance.   This isn't about buying justice. This is about idiots thinking that they know it all."}
{"_id": "553318", "title": "", "text": "Avoiding fees would not be the primary reason to buy bonds yourself. No, the reason to buy bonds yourself in a retirement account is that you can hold them to maturity. Bond funds can and do lose value if interest rates rise (and gain it if interest rates fall). Of course the same happens with the bond that you hold, but you can hang on to it until maturity and get the face value out of it.  That said, it would take some effort to put together a decent bond portfolio, especially if you were going to buy anything rated lower than the absolute best. I think it'd be fun to do, but I'm weird that way."}
{"_id": "553328", "title": "", "text": "\"I am neither a lawyer nor a tax accountant, and if you're dealing with serious money I suggest you consult a professional. But my understanding is: If you make a loan at zero interest or at below-market rates, the IRS will consider the difference between the interest that you do charge and the market rate to be a gift. That is, if someone could get a loan from a bank and he'd pay $1000 in interest for the year, but instead you loan him the money as a friend interest free, than as far as the IRS is concerned you have given him a $1000 gift, and you could potentially have to pay gift tax. Or they might \"\"impute\"\" the interest to you and tax you on $1000 of additional income. If you have no agreement on repayment terms, if it's all, \"\"Hey Joe, just pay me back when you can\"\", then the IRS is likely to consider the entire \"\"loan\"\" to be a gift. There's an annual exclusion on gifts -- I think it's now $13,000 -- so if you loan your buddy fifty bucks to tide him over until next pay day, the IRS isn't going to get involved in that. They're worried about more serious money. And yes, the IRS does \"\"police loan rates\"\". The IRS examines exact numbers for all sorts of things. If, say, you go on a 100-mile overnight business trip, and the company gives you $10,000 for travel expenses, the IRS is likely to say that this is not a tax-deductible travel expense at all but a sham to hide part of your salary from taxes. Or if you donate a pair of old socks to charity and declare a $500 charitable contribution deduction, the IRS will say that that is not a realistic value for a pair of old socks and disallow the deduction. Etc. A small discrepancy from market rates can be justified for any number of reasons. If the book value of a used car is $5000 and you sell it to your neighbor for $4900, the IRS is unlikely to question it, there are any number of legitimate business reasons why you had to give a discount to make the sale. But if you sell it to him for $50, they may declare that this is not a sale but a gift. Etc.\""}
{"_id": "553331", "title": "", "text": "Your cons say it all. I would not be buying stocks based soley on a high dividend yield. In fact companies with very high dividend yields tend to do poorer than companies investing at least part of their earnings back into the company. Make sure at least that the company's earnings is more than the dividend yield being offered."}
{"_id": "553332", "title": "", "text": "Note the above is only for shares. There are different rules for other assets like House, Jewellery, Mutual Funds, Debt Funds. Refer to the Income Tax guide for more details."}
{"_id": "553333", "title": "", "text": "This will not bankrupt anyone. It is not like Gawker. Gawker went bankrupt due to some uniqueness i n Florida law where you had to put the money up befire being able to appeal. I can find no evidence of any such law in South Dakota. So, even if the jury fucks ABC ten ways to Sunday, it seems incredibly unlikely this survives appeal.   And, as the article points out, different circumstances as well. The comparison is misplaced."}
{"_id": "553348", "title": "", "text": "Wrong message. I initially thought this was true, but it's not as cut and dry as people want to make it seem like it is. People usually try to say that he's just a bad CEO for Sears, and while this is completely true, the long game isn't as cut and dry.   By buying a majority of Sears, he's using his power to authorize the sale of properties to himself, which he's then re-leasing back out when Sears fails to pay him (as Sears' landlord). Lampert isn't looking to fix the house -- he's looking to put the homeowner out of business, buy it, re-lease it to the homeowner, hike up the rates, then when the homeowner can't pay, re-lease it back out to someone else.   It's very tangled and that's exactly why shareholders are going to lose big time when Sears declares Chapter 7 bankruptcy."}
{"_id": "553355", "title": "", "text": "No expert here, but my guess is because of the shear scale and wide impacts this would cause.  A ban is a pretty severe step, so companies and individuals need to take steps to move in that direction. Gas stations, gas truckers, oil refineries, auto shops, dealerships, manufacturers, auto parts stores, are among the many, many affected.  If they required that change to happen in three years, it would be catastrophic. We spent a century getting ourselves into this mess. Can't hastily jump out."}
{"_id": "553357", "title": "", "text": "&gt;do you feel the same about the EPA under Scott Pruitt?  What does how I *feel* about the FCC or EPA matter? This article is mainly criticizing having companies in an advisory comity meant to get advice from companies. No feelings are involved to know this is garbage, although feelings may be blocking you from seeing it."}
{"_id": "553363", "title": "", "text": "\"Make sure you invest in a coffin and/or funeral related industry -- that way you can at least \"\"cash in\"\" on the Boomer generation as they \"\"cash out\"\".  ;-)  Also, in the coming decades there will soon be LOTS of jobs in nursing homes: dispensing pills, wheeling the residents to/from the TV room, giving sponge-baths, changing bedpans, etc.\""}
{"_id": "553374", "title": "", "text": "SECTION | CONTENT :--|:-- Title | The Wolf Of Wall Street Heavy Metal Meshuggah - Rational Gaze Length | 0:00:25           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"_id": "553377", "title": "", "text": "\"You could use any of various financial APIs (e.g., Yahoo finance) to get prices of some reference stock and bond index funds.  That would be a reasonable approximation to market performance over a given time span. As for inflation data, just googling \"\"monthly inflation data\"\" gave me two pages with numbers that seem to agree and go back to 1914.  If you want to double-check their numbers you could go to the source at the BLS. As for whether any existing analysis exists, I'm not sure exactly what you mean.  I don't think you need to do much analysis to show that stock returns are different over different time periods.\""}
{"_id": "553380", "title": "", "text": "Unless you are a client with boatloads of money, I don't think service like you are asking about is very common. And I kind of assume that if you did have the boatloads of money, you would already have had such a relationship with a brokerage or accountant or similar financial professional. When I have taken money from brokerage accounts, I have had to call them to ask for it or requested it online. For both, the only option was to receive a check in the mail made out to the account holder (me). This usually takes about a week, although that does include waiting for the funds to settle after a stock sale which itself is about 3 business days. I know a lot of brokerages do have banks affiliated with them and one of the benefits of having a bank account with that affiliated bank is quicker transfers in and out of your bank account. But if you aren't willing to do that, I don't think you have many other choices other than receive a check in the mail."}
{"_id": "553390", "title": "", "text": "\"This is an interesting argument that I haven't quite seen yet. I'm still unsure as to where I stand on \"\"livable\"\" minimum wages, but you do have a point with the government maybe taking too much authority in some aspects.\""}
{"_id": "553391", "title": "", "text": "\"**Big Mac Index**  The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which market exchange rates result in goods costing the same in different countries. It \"\"seeks to make exchange-rate theory a bit more digestible\"\".  The index, created in 1986, takes its name from the Big Mac, a hamburger sold at McDonald's restaurants.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "553415", "title": "", "text": "When you operate outside of the law, you bear the risks of that decision.  When you operate within the law, you have a number of avenues, such as the courts and police to mediate disputes or other problems."}
{"_id": "553418", "title": "", "text": "\"The service processors are providing is absorbing the risk.  The flow goes, roughly (and I say roughly because it's a complicated process):  1. You swipe/insert your card at Bob's House of Eatery and get charged $10 for a bucket of ramen or something. 2. The device you swipe your card in, (\"\"a terminal\"\") encodes the card number, amount, and some other transaction details and contacts a \"\"Payment Gateway\"\".   3. The gateway decodes the blob of data, and is responsible for determining the issuing financial institution (\"\"Chase\"\", \"\"US Bank\"\", etc.). 4. The gateway contacts the above and asks, \"\"Can card # 555.. charge $10?\"\" 5. The gateway also sends this answer to the processor.   5. The processor _immediately_ proxies that yes/no back to the merchant's terminal. 6. The processor, having a transaction ID, and a yes/no, sends the response to the merchant's systems so your receipt can be printed or order processed, and so on.   7. Meanwhile, the processor has a transaction ID and is busy figuring out things like interchange fees.  The amount depends on a whole host of things, and almost everyone involved in the process wants their cut -- the bank, the gateway, the processor, and it all depends on the type of card, customer, rewards, and so on.   8. At the end of the day, week, whatever, the processor collects money from the issuing financial institution and is responsible for giving the right amount -- less fees -- to the merchant.    The processor here also absorbs the risk and costs for things like chargebacks, as almost everyone in that chain (gateway, issuing bank) want their pound of flesh for a chargeback, and often the processor doesn't pass that full cost on to the merchant and instead does some risk analysis to determine if they think this merchant is going to be okay to do business with.    That's what you're paying for.\""}
{"_id": "553428", "title": "", "text": "\"They did not do a corporate inversion. They mostly avoid paying taxes to European countries through setups that use two Irish companies, one Dutch (or Swiss, or Luxembourgian) and a Cayman Islands \"\"European\"\" headquarters office.  They are still domiciled in the US and pay US taxes.\""}
{"_id": "553429", "title": "", "text": "The location does matter in the case where you introduce currency risk; by leaving you US savings in USD, you're basically working on the assumption that the USD will not lose value against the EUR - if it does and you live in the EUR-zone, you've just misplaced some of your capital. Of course that also works the other way around if the USD appreciates against the EUR, you gained some money."}
{"_id": "553450", "title": "", "text": "One problem is that P/E ratio only looks at the last announced earnings. Let's take your manufacturing plant with a P/E of 12.5. Then they announce a major problem that will hurt future earnings and the price drops in half. Now the P/E is 6.25. It looks great, but since there aren't any new earnings that reflect the problem, it's very misleading."}
{"_id": "553463", "title": "", "text": "You can find a record of past tax returns on the Get Transcript page on irs.gov. Update: As of 2016 it looks like that link only allows you to retrieve previous tax returns by mail. Previously it had allowed you to view and download them from their website."}
{"_id": "553480", "title": "", "text": "\"There's a loophole that could enable you to have it both ways. Start taking it out as soon as you are eligible. e.g. at age 62. If you decide you want more, starting at age 65, you can \"\"start fresh\"\" (at a higher level) by repaying what you took out between ages 62-64 at face value. Essentially, you can take out an interest-free loan for those years.  Or so the experts at Agora Financial have told me.\""}
{"_id": "553495", "title": "", "text": "How tone deaf can this company and management staff be.- not to mention he CEO.  He is right about one thing though when he says there is no excuse... he is spot on there, now take your golden parachute and ride off into the sunset."}
{"_id": "553498", "title": "", "text": "Yes. There's a long tradition of this going back to the Roman Empire. It's called the dispersal of power. It's the fundamental reason why democracies are the least worst form of government, just after everything else.   https://www.youtube.com/watch?v=rStL7niR7gs  Of course, actual equity and zero corruption would be ideal, but to be able to maintain the illusion of something like that, and have many wealthy interests compete for influence does a better job of dispersing power.  EDIT: The Roman Republic was somewhat good at dispersing power, but things broke down into the Empire. However, throughout the history of Rome, there were powerful wealthy interests that also held power, and these patterns carried forward into the middle ages and Renaissance."}
{"_id": "553526", "title": "", "text": "I like the produce at Whole Foods,  prices are comparable to other markets in my area and the quality is much better. I don't subscribe to prime, I tried it and it is not worth it to me the $99 a year price, many products are not on prime and I can still get free shipping if I am willing to wait a week or so.   What I am trying to say, I hope Amazon doesn't mess with Whole Food's quality and selection just to show better prices, I can go to plenty other stores for that."}
{"_id": "553540", "title": "", "text": "I work from home. However I am starting my own agency (http://localgrowthdigital.com) in United States. It's specialized in E-commerce and small business. The website is not ready yet though. I am moving to Arizona and will open my office there probably.   Yes, I got over $5.500 IN SALES only working online. Net profit was around 35-40% of that."}
{"_id": "553574", "title": "", "text": "\"Thing is, it's already explained in the letter, in the end of the first paragraph: \"\"Tesla\u2019s annualized delivery rate should exceed 100,000 units **by the end of next year**\"\" (emphasis mine).  When I first saw the number I got excited, but then I read the actual sentence, realized what they meant, and it's still impressive but it's not 3x increase in production YoY (which would be absurd to expect, esp. when Tesla's trajectory has been just-under-100% increases per year so far and into the mid-term foreseeable future).  *Then* they explained it *again* on the CC (Elon said *something like* \"\"we'll exit next year at a 100k rate, but it's hard to tell how steep the curve will be, but we'll probably have over 60k deliveries...I think...yeah probably\"\").  I emailed the author of this article and he still believes that Tesla has \"\"unequivocally\"\" stated that they will produce and deliver 100k cars in 2015...but that's simply not correct.  I have some people who know press contacts within Tesla working on hammering it out, though their efficacy at press communications has not been ideal at times in the past.  If Tesla did unequivocally state that they would deliver 100k cars next year, after delivering just over 35k this year and 22k last year, that would be enormous news and should have sent the stock to $300 today, up 30-50%+ instead of the 4% it did go up.  But it didn't send it that high, because that's just not what's happening.  I'm extraordinarily bullish on Tesla, but 100k in 2015 is just not what's going to happen.  100k+ in 2016, though, sounds about right.  And is in line with every other estimate everyone has done for the past several years, including Tesla themselves.  So yeah, this number isn't really news, but it's nice to see them reiterate it.\""}
{"_id": "553576", "title": "", "text": "Don\u2019t do anything that causes taxes or penalties, beyond that it\u2019s entirely personal choice and other posters have already done a great job enumerating then.  I recently switched jobs in June and rolled over a 401k from my old company to new company and the third party managing the account at the new company was much more professional and walked me through all the required steps and paperwork."}
{"_id": "553583", "title": "", "text": "&gt; Greece is the homeless, one-armed drug addict with no prospects that struggles to find a few bucks to spend a night in a hostel. The size of the debt is more or less irrelevant. It's the ability to pay it that really matters.  But we're talking about the debt-to-GDP ratio, not the debt as an absolute value.  Which means we're quite literally structuring our comparison in terms of the nation's ability to pay it off."}
{"_id": "553590", "title": "", "text": "Pipes and drainages commonly suffer from general wear and tear. Should you need help in fixing them, you cannot do better than hire an emergency plumber Bristol based from Nupipe Group! This company has a team of professional workmen who are all capable of carrying out repair services that are of high standards. To learn more about Nupipe Group and their great offerings, go to www.nupipe.co.uk."}
{"_id": "553605", "title": "", "text": "Our second to last addition was due to buying out a smaller business. We do call locally owned and small scale businesses often but they surprising have a contract set up with a different company or aren't looking to sell right away."}
{"_id": "553630", "title": "", "text": "\"The answer is stimulus, but more specifically direct spending.  The kind of \"\"stimulus\"\" where we simply fill in giant gaping holes of bank balance sheets is not \"\"stimulus\"\" at all, and those who criticize \"\"keynesian economics\"\" because the bailouts \"\"failed\"\" don't understand what they are saying.  Bailouts are not stimulus.  Creating middle class jobs, that is stimulus.    I will put it to you this way.  Almost every single company in existence uses some kind of debt to leverage its operations.   Almost every company that is listed on the stock exchange either sells bonds or issues commercial paper or both.  This can also be a useful position for the government, especially since their cost of borrowing is lower than that of any company.    Essentially, the government can borrow at 1%, put people to work, and collect 25% in taxes.  Its cash flow positive in the short term, and in the long term as well, as long as it is effective and the economy gets better.  A growing economy will bring in more than enough tax revenue to offset any costs of jump starting the economy.    If instead you wanted austerity, you would be calling for austerity on the largest economy in the world, who's bonds are still rated AAA, and who's borrowing costs are 1%.  If you are calling for austerity on that, then nobody on earth is credit worthy.  It is a non-sensical position.\""}
{"_id": "553631", "title": "", "text": "\"&gt;\"\"We can put satellites into space at a fraction of the price that it currently costs,\"\" he says\u2014and Virgin is working with a \"\"tiny little\"\" company (the name of which hasn't yet been publicly disclosed) to do just that.\"\"  I'm going to go out on a limb here and predict [SSTL](http://en.wikipedia.org/wiki/Surrey_Satellite_Technology_Ltd)\""}
{"_id": "553634", "title": "", "text": "The answer would depend on the equities held. Some can weather inflation better than others (such as companies that have solid dividend growth) and even outpace inflation. Some industries are also safer against inflation than others, such as consumer staples and utilities since people usually have to purchase these regardless of how much $ they have. In looking over the data comparing S&P 500 returns, dividends, and inflation, the results are all over the map. In the 50's the total return was 19.3% with inflation at 2.2%. Then in the 70's returns were 5.8% with inflation at 7.4 percent, leading one to think that inflation diminished returns. But then in the 80's inflation was 5.1%, yet the return on the S&P was up to 17.3% Either way, aside from the 70's every other decade since 1950 has outpaced inflation (as long as you are including dividends; hence my first paragraph). S&P 500: Total and Inflation-Adjusted Historical Returns Also, the 7% average stock appreciation you mention is just that, an average. You are comparing a year-over-year number (7% inflation) with an aggregated one (stock performance over x number of years) and that is a misrepresentation and is not being weighted for the difference in what those numbers mean. Finally, there are thousands of things that have an effect on the stock market and stocks. Some are controllable and others are not. The idea that any one of them, such as inflation, has any sort of long-term, everlasting effect on prices that they cannot outmaneuver is improbable. This is where researching your stocks comes in...and if done prudently, who cares what the inflation rate is?"}
{"_id": "553638", "title": "", "text": "Youre right, but I was not looking for a specific answer. I was just looking for anyone's opinion.   I was just surprised how so many of the responses are very simple and in my opinion misleading such as:  &gt;A role of a bank is to make bankers wealthy at the expense of its clients"}
{"_id": "553640", "title": "", "text": "\"In other words, you confess that you've taken no effort to actually study the science of economics, and instead try to paint your professed ignorance as \"\"life experience,\"\" of which you assume I have none?   Remember why Socrates was the wisest man in the world. He was the only one who confessed what he did not know.\""}
{"_id": "553643", "title": "", "text": "Third year here, and let me echo what everybody below is saying: math, math, math.  That being said, most programs will give you a chance depending on your quant score from the gmat/gre. It had better be high though, low seven hundreds wont even garner a look from any school in the top 20 (and your quant should be higher than your verbal). From what it looks like from your background it sounds like the masters would be helpful (although a masters in econ wont be as much of a help as you think; finance is a sub field of econ, and so to justify our work we have to distinguish ourselves as much as we can...). My advice is use the masters to take probability theory, and statistics courses (or econometrics) and as many of them as you can.   My next advice is apply to as many schools as you can afford and stagger the applications across school rankings. Some of the foreign students in my program have told me that they sent out dozens of applications and that even 100 apps is not unusual. I call it the shotgun approach.  Third I will agree with some of the other comments in that you will need less math for corporate stuff and or behavioral/experimental stuff. BUT it is unlikely that any school will take that into consideration. I cant think of any other phd student that I have talked to, from many other programs, that don't have to take asset pricing and other theory courses. PhD programs start very generally and then you are allowed to specialize as time goes on.  Basically, expect this shit to be hard. Finance profs are some of the highest paid in academia, which means there is an insane amount of applicants for each spot. In my program we average 400 qualified applicants a year for a meager three spots. And many of the applicants will already have Phds in physics, math, or engineering (they get tired of making no money as a post doc, and decide to come for another one in finance where they can get paid). Not to discourage you at all, but revise your expectations."}
{"_id": "553645", "title": "", "text": "You are right: also Obama had GDP &gt;3% is several quarters during his time.  Back to Trump, the excuse that it's Obama accomplishments is not a good one.   The stock market breaking records, and it's only because  because of faith in Trump."}
{"_id": "553647", "title": "", "text": "\"I haven't used transfer wise, so can't speak to their price.   Regardless of what service you use, what you should look for is whether the conversion price is greater than how much you think the currency's price will move.   Example: if your bank charges ~8% on any currency exchange, you should ask yourself whether you think the pound (or whatever currency) will drop by &gt;8% within whatever time frame you've set for yourself. If not, you're better off keeping your money in that currency.   I checked out their site and it does look like transferwise is pretty inexpensive, around .9% in transaction costs. So again, ask yourself whether you think the pound will drop by 1% in your time frame. Doesn't seem like a lot, but also consider that currencies typically fluctuate by just a few tenths of a percentage per day.   I know you're probably looking for an answer like \"\"pound will drop, sell it all,\"\" but I don't know enough about currencies to be giving advice there. I would definitely pay attention to Brexit negotiations though, as that will be one of the biggest influences on both currencies for quite some time.\""}
{"_id": "553652", "title": "", "text": "What is the probability of a real occasion (meaning not just an example) being exactly zero? Even if you have 0.1 you can still do the math. Also, it is kind of depending on the occasion. For example, you want to calculate the ROI of an investment for which you had zero capital and you made that investment with leverage, meaning you got a loan. In order to get that loan you should have provided a collateral, so in this case as a starting sum you use the collateral. In another example, say EAT it's difficult to have exactly zero. So, in most cases you won't have to deal with zero values, only positives and negatives."}
{"_id": "553654", "title": "", "text": "After working my way up the corporate ladder I learned one thing. Anyone above you is an idiot and anyone below you thinks you're an idiot. It's that simple.   Everyone thinks they could do it better. You promote them and suddenly the understand that you really can't just do whatever you want. It's easy to say what you would do, but it's another thing to get in a place of power and realize you have no control to change anything."}
{"_id": "553669", "title": "", "text": "\"Your mortgage will not allow you to rent out the whole property - they would want you on a buy-to-let mortgage (which will have worse APR than a standard) - buy to let mortgage also invalidates help to buy schemes. The help to buy scheme does not allow you to sublet.  I.e. you cannot have tenants.  However, you can have a lodger. My understanding is that they are different.  In the UK, you can make up to \u00a37500 tax free from a lodger under the \"\"rent a room relief\"\" and as this isn't a tenant - this should be ok with both help to buy and the mortgage provider.  However I would recommend double checking with your mortgage provider - as if you break any terms and conditions, it could lead to invalidating your mortgage. Another thing to consider with lodgers (or tenants) - it generally makes insurance a LOT more expensive and wont cover you if the lodger steals your stuff or damages the property and this will include lodgers friends if they visit - so just something to bear in mind.\""}
{"_id": "553678", "title": "", "text": "Remember that balance transfers are rarely fee free. As you state, there is a fee associated with the balance transfer. If your 0% rate is for 18 months and the fee is 3%, you are really paying 2% per year on the amount you transferred. The advantage is that you can redirect the debt you transferred is interest free and you can attack other debt with high interest on it. This can save you in interest fees and allow you to direct more of your money towards debt. The disadvantage is that your 0% interest will expire and become a much higher interest rate. Unless you pay off the transfer before the expiration, you will have to pay off the debt at the higher interest. How you decide to attack your debt reduction may need to factor in how long you expect to have debt and what other debt you have. Often times though, the savings in interest is less important than simplifying the number of debt accounts you have. The inspiration you receive from reducing your debt accounts is much more powerful. You realize reducing debt accounts allows you to actually see an end in sight and provides the recurring positive feedback that you are making progressing. This is why the advice to pay off your lowest balance credit cards first."}
{"_id": "553698", "title": "", "text": "Agreed across the board. We'll start seeing a rash of patents and patent enforcement cases on various spare parts that have been high-margin cash cows for various companies. We'll also see trademark infringement cases for things like replacing the hood ornament on your Jaguar or the logo emblem on the back of your car.   And I also agree that just like VCRs, digital downloads, etc - it won't work."}
{"_id": "553718", "title": "", "text": "Your wealth will go up if your effective rate after taxes is less than the inflation rate.  That is, if your interest rate is R and marginal tax rate is T, then you need R*(1-T) to be less than inflation to make a loan worth it.  Lately inflation has been bouncing around between 1% and 1.8%.  Let's assume a 25% tax rate.  Is your interest rate lower than between 1.3% and 2.4%?  If not, don't take out a loan. Another thing to consider: when you take out a loan you have to do a ton of extra stuff to make the lender happy (inspections, appraisals, origination charges, etc.).  These really add up and are part of the closing costs as well as the time/trouble of buying a house.  I recently bought my house using 100% cash.  It was 2 weeks between when I agreed to a price to when the deal was sealed and my realtor said I probably saved about $10,000 in closing costs.  I think she was exaggerating, but it was a lot of time and money I saved.  My final closing costs were only a few hundred, not thousands, of dollars. TL;DR: Loans are for suckers. Avoid if possible."}
{"_id": "553720", "title": "", "text": "\"Given his history it seems silly to give the benefit of the doubt. At the very least we should understand how poor form it is to make a joke like that as a public figure regardless. But its just one piece of evidence to support my argument.  Personally I think pushing for the prosecution of cannabis again, and all of the terribly detrimental programs of the 80s is a far more compelling line of evidence. I also think the person I was responding to would not accept \"\"acting in ways that knowingly harm POC in a tremendously disproportionate manner from non-POC\"\" as evidence of racism.\""}
{"_id": "553730", "title": "", "text": "\"&gt;on behalf of the general public  That's where you're wrong.  They did this for one reason, to enrich themselves *at the expense of the general public*.  The general public got nothing from this.  Actually, they got less than nothing as they're almost certainly going to be charged more to cover the expense of the settlement.  This was a completely self-serving lawsuit brought by a bunch of greedy lawyers cloaking themselves in the guise of \"\"doing good by the public\"\".  These people should have their fingernails removed with rusty pliers.  They're the scum of the earth.  This is exactly why people say class action lawsuits are massively subject to abuse.  This is a textbook example, and why the whole system needs to be reformed.\""}
{"_id": "553734", "title": "", "text": "A very simple and safe, though boring, approach is to hold cash rather than bonds, and move out of cash later once higher yields have lowered asset prices."}
{"_id": "553748", "title": "", "text": "\"It sounds like you want a place to park some money that's reasonably safe and liquid, but can sustain light to moderate losses. Consider some bond funds or bond ETFs filled with medium-term corporate bonds. It looks like you can get 3-3.5% or so. (I'd skip the municipal bond market right now, but \"\"why\"\" is a matter for its own question). Avoid long-term bonds or CDs if you're worried about inflation; interest rates will rise and the immediate value of the bonds will fall until the final payout value matches those rates.\""}
{"_id": "553756", "title": "", "text": "Repairing your credit takes time. Companies that offer to do it for you (for money) generally succeed mostly at getting money from you. Nonprofit agencies will help you with advice and encouragement and will not want money from you.  They may be able to help you apply for a consolidation loan, but to be honest that is rarely the best first step. Over time, you need to The last step may happen months or years after the first two."}
{"_id": "553762", "title": "", "text": "Capital requirements for a de novo bank, as opposed to an established one, are a real bitch.  Basically the government wont let you loan nearly as much of your money out.  You can't skirt this by buying an existing bank.  Regulators don't want upstarts making stupid loans and thus encouraging lower credit criteria systemwide.  Also Incumbents don't want more competition and they have lobbyists so I don't see this changing soon."}
{"_id": "553776", "title": "", "text": "One of the most [unprofessional &amp; corrupt military in the world](https://www.ndtv.com/india-news/air-force-chief-says-ready-for-full-spectrum-ops-1758926?pfrom=home-lateststories)  Over 35-40% of their Air fleet is not air worthy, they are running around in the world trying to buy fighters. The aircraft they built themselves (Tejas) can barely take off.  The Army does not have enough bullets or reliable rifles, or POL supplies to last 48 hours   It takes 2 militants to hold up their entire brigade head quarters    Their economy bubble is popping so they won't have the resources to pay for all the fancy checks they are signing for hardware  Yet in their imagination they are going to fight a two front war, build some fucking toilets and stop drinking cow piss, its pickling your brains."}
{"_id": "553809", "title": "", "text": "Your argument with elvendude happened because your comment makes it appear that you think that if a business has less cash at the end of a year than at the beginning, the business does not need to pay taxes. elvendude is trying to show you that this isn't true."}
{"_id": "553812", "title": "", "text": "\"This is basically like saying so many poor people are \"\"leaches\"\" or lazy or whatever. Unless it's fraud, if they qualify for benefits, why not use them?  If you want them to stop, change the laws so less people qualify. If you want companies to stop doing this, change the laws so they can't.\""}
{"_id": "553817", "title": "", "text": "&gt; \u201cThe economy, as measured by gross domestic product, can be expected to grow at an annual rate of about 3 percent over the long term, and inflation of 2 percent would push nominal GDP growth to 5 percent, Buffett said. Stocks will probably rise at about that rate and dividend payments will boost total returns to 6 percent to 7 percent, he said.\u201d  [Warren Buffett](https://www.csmonitor.com/Business/The-Simple-Dollar/2013/0506/What-Warren-Buffett-s-stock-market-math-means-for-your-retirement)  This isn't the whole picture, but it's a start."}
{"_id": "553849", "title": "", "text": "What I'm most amused by is how people let themselves be so purposefully fleeced by jacked up gun and ammo prices. Of course, these are probably the same people that decide that when gas drops to $2.50/gal is the best time to run out and buy a fucking Canyonero as if gas will never go up in price again."}
{"_id": "553856", "title": "", "text": "Some investors (pension funds or insurance companies) need to pay out a certain amount of money to their clients. They need cash on a periodical basis, and thus prefer dividend paying stock more."}
{"_id": "553867", "title": "", "text": "It would really be possible to find lots of good advantages when you opt for the perfect quality Wrist Lock Support. You would be able to find that it has been able to exceed your own expectations out of it where it would definitely bring a big smile to your face."}
{"_id": "553896", "title": "", "text": "Some brokers have a number of shares they can offer their customers, but the small guy will get 100, not as many as they'd like. In the Tech bubble of the late 90's I was able to buy in to many IPOs, but the written deal from the broker is that you could not sell for 30 days or you'd be restricted from IPO purchases for the next 90. No matter what the stock opened at, there were a fair number of stocks thay were below IPO issue price after 30 days had passed. I haven't started looking at IPOs since the tech flameout, but had I gotten in to LinkedIn it would have been at that $45 price. Let's see if it stays at these levels after 30 days.  Edit - This is the exact cut/paste from my broker's site :  Selling IPO Shares: While XXX customers are always free to sell shares purchased in a public offering at any time, short holding periods of less than 31 calendar days will be a factor in determining whether XXX allocates you shares in future public offerings. Accordingly, if you sell IPO shares purchased in a public offering within 30 calendar days of such purchase, you will be restricted from participating in initial and secondary public offerings through XXX for a period of 3 months.  (I deleted the broker name) I honestly don't know if I'd have gotten any LI shares. Next interesting one is Pandora."}
{"_id": "553925", "title": "", "text": "Hey thank you so much for the reply!  So the interview is a late stage one - I've gotten past the concepts and honestly the role *shouldn't* be that heavy on the finance side   ...what I'm looking at now is actually having to mock up a financial forecast in a real estate development scenario.    I'm getting the case in advance and have to prepare a presentation.  So right now, I really need the ABCs of forecasting specifically.  But I'm definitely checking out your recommendations!"}
{"_id": "553944", "title": "", "text": "\"What a silly click bait article. Half of their reasons were about non-monetary uses of gold and things that bitcoin and other cryptos were never meant to address. The other half were based on reasons of \"\"well this is the way it's always been... no need to change\"\"! Which is just dumb.\""}
{"_id": "553947", "title": "", "text": "IMO anti-trust needs to protect both consumers and competitions. Without protecting competitions it will hurt consumers in the long run.       Monopolies are glaring in the tech world and some tech companies unfairly used their information flow in addition to monopoly power to crash/buyout their competitions or to cockblock their competitors from acquisitions."}
{"_id": "553955", "title": "", "text": "Does your business have a loan or overdraft with a bank? If so that bank will be much more likely to offer you a personal mortgage if you can show them a solid business plan and your profits for each year. Other than that make sure you have a perfect credit rating, use Experian to iron out any small things that might get in the way."}
{"_id": "553993", "title": "", "text": "1)  When you apply for insurance you indicate your expected income, they figure the subsidy based on this.  Note that while this data isn't checked it's only an estimate, any errors will be fixed at tax time so lying is just going to gain you an unpleasant tax bill come April 15. 2)  It's not paid in installments, it's just a monthly premium.  It's quite possible for someone to be on the ACA for only part of a year. 3)  I can't address the issue of the fines.  However, you are wrong on who it's for--it's for anyone who doesn't have employer-provided insurance, whatever the reason.  I've been on it since it's inception because I have been self employed for most of that time--there's no employer to even offer me insurance."}
{"_id": "554002", "title": "", "text": "The three biggest areas you are missing are:"}
{"_id": "554003", "title": "", "text": "Looking at my garden, many of those occur due to stresses and microclimates. if you plant a sun loving plant in or near partial shade, it gets overrun with aphids and fungi. If you plant it in sun, it does fine.  I suspect many such infestations are due to plants being stressed."}
{"_id": "554015", "title": "", "text": "What account you put it in depends on why you have those different accounts.  First, if you have them due to regulatory requirements, then you of course must follow said regulations. I doubt that's the case here.  Otherwise, you might be splitting based on how they trade (ETFs trade as stocks) or you could be splitting based on how you build a portfolio out of them.  When you build a non-speculative stock portfolio, you typically want to limit your holdings in a single stock to a fairly small portion of your portfolio (say, 3%) to limit your exposure to bad stuff happening to a single company. That doesn't apply nearly a much to mutual funds, especially index funds. ETFs are much more like mutual funds here.  You can also, of course, create an ETF account and put them there. You also say you have a market index account, what is that used for?"}
{"_id": "554016", "title": "", "text": "You are right. It's not actually a scam but people call it that way because MLM promoters lie and use misleading statistics and demonstrations to make it look easy despite having pretty much no chance of success. Also MLM promoters usually lie to people about owning a supercar or mansion, and telling them that they can be rich by joining MLM. But yes it's a gamble disguised as a decent business."}
{"_id": "554018", "title": "", "text": "\"Well I disagree with the economists who claim Bitcoin can't (or wouldn't) be a currency.  As far as I'm concerned, Bitcoin is the best-established digital \"\"unit of account\"\", and in the event of a Dollar/Euro crisis you are likely to see some entrepreneurs figure out ways to speed its adoption.  I don't own any Bitcoin now, and I wouldn't put more than 15% of my total portfolio in it, simply because it's not possible to predict if something like that would catch on.  But I own a ton of silver (about 20% of which is physical and the other 80% is via Sprott's ETF).  I also don't own physical gold, but I own a lot of Swiss Francs, which in my view are a good proxy for gold and a safe haven given the fact Switzerland owns so much gold-per-capita.  You get the benefits of gold AND a captive, skilled tax-livestock.  Soros indicated recently he thinks the Euro won't last much longer than a few months.  I'm always amazed by how the elite can push things off, though.  So I hold about 50% of my savings as cash USD.  In the event of market turmoil (you'll know it when you see it, like 2008) you can use this to scoop up some cheap stocks and gold/silver coins.  Don't beat yourself up over missing opportunities, though.  The main thing is just to steer clear of government bonds and the stock market.  If you do that, you're going to come out in the top 20% over the next few years.\""}
{"_id": "554027", "title": "", "text": "\"I don't think many people aren't aware of that. However, having built-in labor costs could still be preferable to tipping so the cost is more \"\"upfront\"\". Nor do people want to be in the position of deciding someone's wages. I think many of us would accept higher prices for consistency and predictably\""}
{"_id": "554037", "title": "", "text": "\"&gt; Well, technically, Apple didn't ever terminate Jobs. He left on his own. But I take your point.  No you don't, because actually, if we're speaking purely \"\"technically\"\", Apple fired Steve Jobs.  But then they rehired him, because he was a genius, and they couldn't do anything without him.  &gt; I do wonder if that type of brash personality would still work in today's overly sensitive corporate culture. Look at Uber and Travis Kalanick.  Absolutely. The smartest guys are the most capable guys and they invent the best things. It's not about personality, it's about capability. Uber is a weird case, and I haven't heard anything to suggest it's CEO is any sort of genius.   However look at Tesla, Elon Musk supposedly has an ego problem. He also invented re-usable spaceships.\""}
{"_id": "554057", "title": "", "text": "&gt; if you are really getting your info from TV, as opposed to just reading it in 1/10th of the time it takes to watch a TV program, thats your fault  there are plenty of market moving comments that come out on tv firsst, e.g. central bankers being interviewed or in a press conference."}
{"_id": "554065", "title": "", "text": "As someone who hasn't been on a vacation in 4 years and is budgeting food on a week-by-week basis, I think you need a good look on the mirror. You might not be trying to sound snobbish, but the fact that you have the audacity to claim that while detailing how pretentious you are just makes you sound vain and petty. From the majority of Americans: fuck you. You shouldn't feel good about yourself."}
{"_id": "554078", "title": "", "text": "A lot of qualifiers there -- e.g., 'comfortable', selection bias, etc. But regardless, this is a bit of a strawman: I'm not at all arguing that success isn't correlated with effort; it's a question of the degree of correlation, and the amount of attribution. I'm in a nascent engineering startup myself, and I would hardly be motivated in *any* commercial endeavor if I believed there wasn't a correlation between effort and outcome!  I would actually grant you that engineering is probably one of the better examples of meritocracy out there today -- but there's a lot of caveats to that, and many engineers I know in large corporate environments are an underclass to much less technical, much less hard-working superiors.   And from personal experience, high-level academia breaks down rapidly beyond the undergraduate level."}
{"_id": "554082", "title": "", "text": "\"Newspapers write a lot about the central bank stopping \"\"cheap money\"\" in the US. What is that exactly and what are the implications for the stock market? An interest rate is simply defined as the price of money.  So if money is cheap, it must mean there is a low interest rate compared to normal.  If milk is cheap, we're comparing it to past prices or prices at competitors' stores.  Same with money. I don't think its fair to say just because the supply of dollars rises that the value of dollars will go down.  Value or price is determined by supply and demand, not just supply.  Its possible for the demand for dollars to be stronger than the rising supply, which would drive the price higher.  A good example of this is to look at the value of the dollar recently.  The Fed has been printing $85 billion per month, yet the value of them is going up compared to foreign currencies, gold, and just about everything.  Why? Because the Fed has merely threatened to stop, but it hasn't stopped.  That alone was enough to increase demand above supply.  So if you want to know what will happen, take a look at what IS happening. When cheap money ends, the value of the dollar will go up, interest rates will go up.  This will be a drag on the economy.  It will be more difficult for companies to show profits and earnings should decline.  In addition, those who have grown accustom to the easy money and have over-leveraged themselves (ie REITs) could go bankrupt.\""}
{"_id": "554087", "title": "", "text": "What could a small guy with $100 do to make himself not poor To answer the question directly, not much. Short of investing in something at the exact moment before it goes bananas, then reinvesting into a bigger stock and bigger etc, it's super high risk. A better way is to sacrifice some small things, less coffee, less smokes, less going out partying so that instead of having $100, you have $100 a week. This puts you into a situation where you can save enough to become a deposit on an appreciating asset (choose your own asset class, property in AU for me). Take out a loan for as much as you can for your $100 a week payment and make it interest only with an offset against it, distributions from shares can either be reinvested or put into the offset or in the case of property, rent can be put against the offset, pretty soon you end up with a scenario where you have cash offsetting a loan down to nothing but you still have access to the cash, invest into another place and revalue your asset, you can take out any equity that has grown and put that also into your offset. Keep pulling equity and using the money from the offset as deposits on other assets (it kind of works really well on property) and within 15 years you can build an empire with a passive income to retire on. The biggest thing the rich guys get that the poor guys don't is that debt is GOOD, use someone else's money to buy an appreciating asset then when you pay it back eventually, you own the growth. Use debt to buy more debt for exponential growth. Of course, you need to also invest your time to research what you are investing in, you need to know when you make the decision to buy that it will appreciate, it's no good just buying off a tip, you may as well drop your money on the horses if you want to play it like that. Fortunately, one thing we all have in common regardless of our money is time, we have time which we can invest."}
{"_id": "554114", "title": "", "text": "Free File is not software by the IRS.  Free File is actually a partnership between the IRS and the Free File Alliance, a group of tax software companies.  The software companies have all agreed to provide a free version of their tax software for low-income taxpayers. According to the Free File Alliance FAQ, the Alliance was formed in 2002 as part of a Presidential initiative to improve electronic access to government.  You can read all the excruciating details of the formal agreement (PDF) between the IRS and the Alliance, but basically, the participating software companies get exposure for their products and the possibility of up-selling services, such as state tax return software."}
{"_id": "554117", "title": "", "text": "You can find newspaper clippings from the early 1800s that say things the world is shrinking and is becoming all too fast, kids don't pay attention, people always have their heads in this or that, etc.  The more things change, the more they stay the same."}
{"_id": "554126", "title": "", "text": "\"When you have multiple assets available and a risk-free asset (cash or borrowing) you will always end up blending them if you have a reasonable objective function.  However, you seem to have constrained yourself to 100% investment.  Combine that with the fact that you are considering only two assets and you can easily have a solution where only one asset is desired in the portfolio.  The fact that you describe the US fund as \"\"dominating\"\" the forign fund indicates that this may be the case for you.  Ordinarily diversification benefits the overall portfolio even if one asset \"\"dominates\"\" another but it may not in your special case. Notice that these funds are both already highly diversified, so all you are getting is cross-border diversification by getting more than one.  That may be why you are getting the solution you are.  I've seen a lot of suggested allocations that have weights similar to what you are using. Finding an optimal portfolio given a vector of expected returns and a covariance matrix is very easy, with some reliable results.  Fancy models get pretty much the same kinds of answers as simple ones.  However, getting a good covariance matrix is hard and getting a good expected return vector is all but impossible.  Unfortunately portfolio results are very sensitive to these inputs.  For that reason, most of us use portfolio theory to guide our intuition, but seldom do the math for our own portfolio.  In any model you use, your weak link is the expected return and covariance.  More sophisticated models don't usually help produce a more reasonable result. For that reason, your original strategy (80-20) sounds pretty good to me.  Not sure why you are not diversifying outside of equities, but I suppose you have your reasons.\""}
{"_id": "554140", "title": "", "text": "Sending your money off to do the heavy lifting is a way of saying that compound returns can do the bulk of your retirement investing work.  Check out the image below, I swiped this from a quick google search so I cannot claim graphic credit. But as you can see the earning potential of your money as you approach retirement is many times higher than your annual contributions. With the aim of having your money earn interest/returns to pay your annual living expenses, replacing your previous annual income.  https://i.stack.imgur.com/fpZPN.jpg I tried to post the image but do not have enough rep."}
{"_id": "554141", "title": "", "text": "\"The official guide can be found here, but that can be a little in depth as well.  To make good use of you need at least a little knowledge of double-entry bookkeeping.   Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. From Wikipedia Another way to think of it is that everything is an account.  You'll need to set up accounts for lots of things that aren't accounts at your bank to make the double-entry system work. For example you'll need to set up various expense accounts like \"\"office supplies\"\" even though you'll never have a bank account by that name. Generally an imbalanced transfer is when you have a from or to account specified, but not both.  If I have imbalanced transactions I usually work them from the imbalance \"\"account\"\", and work each transaction to have its appropriate tying account, at which point it will no longer be listed under imbalance.\""}
{"_id": "554171", "title": "", "text": "For insight on what will happen, I suggest looking at the situation from the lender's perspective: If your setbacks are temporary, and you are likely to get back on your feet again, they will protect their investment by making accommodations, and probably charging you extra fees along the way. If your financial hardship seems irredeemable, they probably try to squeeze you for as much as possible, and then eventually take your house, protecting their investment as best they can. If they are going to foreclose, they may be reluctant to do it quickly, as foreclosure is expensive, takes man power, and looks bad on their books.  So it may get pushed off for a Quarter, or a fiscal year. But if you are asking if they'll help you out from the goodness of their heart, well, a bank has no heart, and creditors are interested in ROI.  They'll take the easiest path to profit, or failing that, the path to minimum financial losses.   The personal consequences to you are not their concern. Once you realize this, it may change your thinking about your own situation.   If you think you have a path to financial recovery, then you need to make that clear to them, in writing, with details.  Make a business case that working with you is in their own best interests. If you cannot make such a case, recognize that they'll likely squeeze you for as much as possible in penalties, fees, interest payments, etc, before eventually foreclosing on you anyway.  Don't play that game. If your home is a lost cause financially, plan how to get out from it with the smallest losses possible.  Don't pay more than you need to, and don't throw good money after bad."}
{"_id": "554175", "title": "", "text": "\"The 'desperate hustle' profits from bending and breaking laws worldwide, fueled by hipsters who think they're \"\"puttin' it to the man\"\".  Whine all you want about 'anti-competitive exclusionary blah blah'; if you think the laws are unfair, **change them**, or have your life run by gray-market carnys.\""}
{"_id": "554207", "title": "", "text": "When there is a difference between the two ... no trading occurs. Let's look at an example: Investor A, B, C, and D all buy/sell shares of company X. Investor A wants to sell 10 shares at $20 a share (Ask price $20 x10). Investor B wants to buy 15 shares at $10 a share (Bid price $10 x15). Since the bid price and ask price are different, no sale is made. Next Investor C comes along and wants to sell 5 shares at $14 (Ask price $14 x5). Still no sale. Investor D comes along and wants to buy 5 shares for $14 each. So a sale is finally made. At this point, the stock quote moves to $14. The ask price is $20 x10 and the bid price is $10 x15. No further trading will occur until another investor is willing to buy at $20 or sell at $10.  Another discussion of this topic is shown on this post."}
{"_id": "554213", "title": "", "text": "See the following information: http://www.bogleheads.org/wiki/Treasury_Inflation_Protected_Security You can buy individual bonds or you can purchase many of them together as a mutual fund or ETF. These bonds are designed to keep pace with inflation.  Buying individual inflation-protected US government bonds is about as safe as you can get in the investment world. The mutual fund or ETF approach exposes you to interest rate risk - the fund's value can (and sometimes does) drop. Its value can also increase if interest rates fall."}
{"_id": "554214", "title": "", "text": "\"&gt;I did read your comment, and all the other ones that referred to me as \"\"he.\"\" Believe it or not, the melodrama you see is imagined. I didn't write, for example, \"\"This stupid fucker doesn't realize I've got a vagina.\"\"  &gt;[...] but after actually typing my name \"\"Amy Hoy\"\" you still refer to me as a \"\"he\"\"? Amy is a girl's name and my picture is obviously of a woman.   Hey, you blew a gasket at me for calling you a dude when I was fairly obviously not actually making that mistake.   If that doesn't seem like not reading and/or an overreaction, I don't know what would.    &gt;I didn't write, for example, \"\"This stupid fucker doesn't realize I've got a vagina.\"\"  Sure, that would be *more* of an overreaction, but it's also so far from accepted etiquette in /r/business specifically and reddit in general - that you didn't reply with something that would only be normal in YouTube comments  certainly doesn't make your actual reaction any *less* of an overreaction.    A polite \"\"hey, you referred to me as a dude a few times in there, wanna fix that?\"\" would have worked.    &gt;The culture I'm complaining about is everywhere, not just in b-school.   This is the start of a rebuttal.  \"\"not just in b-school\"\" essentially translates to \"\"you said a thing, but that's not what I was talking about.\"\"  If you want to agree or support something someone said, it's a good thing to actually do so - you had that idea just fine in your original writing, in discussing jwz's original post on the matter.    I'm sorry to come down so hard on you, but I feel it's pretty insulting to write an essay in support of a thing someone wrote, then have the author backhand you.    And then pretend they didn't when called on it.\""}
{"_id": "554217", "title": "", "text": "\"Here's what Suze Orman has to say about it: Good debt is money you borrow to purchase an asset, such as a home you can afford. History shows that home values generally rise in step with the inflation rate, so a mortgage is good debt. Student loans are, too, because they're an investment in the future. Census data pegs the average lifetime earnings of a high school graduate at a million dollars below that of someone with a bachelor's degree. Bad debt is money you borrow to buy a depreciating asset or to finance a \"\"want\"\" rather than a \"\"need.\"\" A car is a depreciating asset; from the day you drive it off the lot, it starts losing value. Credit card balances or a home equity line of credit that's used to pay for indulgences\u2014vacations, shopping, spa days\u2014is bad debt.\""}
{"_id": "554237", "title": "", "text": "\"What do you think is a reasonable rate of return? A reasonable rate really breaks down into three things: opportunity cost, what you need, and risk appetite. Opportunity cost comes into play because whatever returns you make should at least exceed, after expenses, the next best option.  Typically the \"\"next best option\"\" is the risk free return you can get somewhere else, which is typically a savings account or some other (safe) investment vehicle (e.g. a guaranteed investment certificate/GIC, bonds, etc).  But, this opportunity cost could also be an alternative investment (e.g. an index ETF), which is not necessarily risk free (but it may represent the next best option). Risk appetite comes down to the amount of risk you are willing to take on any investment, and is completely subjective.  This is typically \"\"how much can you sleep with losing\"\" amount. What you need is the most subjective element.  All things being equal (e.g. identical risk profiles, access to same next-best-thing to invest in), if your cost of living expenses are only expected to go up 2% per year, but mine are expected to go up 3% per year, then my reasonable rate of return must exceed 3%, but yours must only exceed 2%. That said, an appropriate return is whatever works for you, period.  Nobody can tell you otherwise. For your own investing, what you can do is measure yourself against a benchmark.  E.g. if your benchmark is the S&P 500, then the S&P 500 SPDR ETF is your opportunity cost (e.g. what you would have made if you didn't do your own investing).   In that way, you are guaranteed the market return (caveat: the market return is not guaranteed to be positive). As an aside.. Don't ever, ever, ever let someone else handle your money, unless you want somebody else have your money. There is nothing wrong with letting someone else handle your money, provided you can live with the triple constraint above.  Investing takes time and effort, and time and effort equals opportunity.  If you can do something better with the time and effort you would spend to do your own investing, then by all means, do it.  Think about it: if you have to spend 1 day a month managing your own investments, but that day costs you $100 in foregone income (e.g. you are a sole proprietor, so every day is a working day), that is $1,200 per year.  But if you can find an investment advisor who will manage your books for you, and costs you only $500 per year, what is the better investment?  If you do it yourself, you are losing $1,200.  If you pay someone, you are losing $500.  Clearly, it is cheaper to outsource. Despite what everyone says, not everyone can be an investor.  Not everyone wants to live with the psychological, emotional, and mental effort of looking up stocks, buying them, and then second guessing themselves; they are more than happy to pay someone to do that (which also lets them point the finger at that person later, if things go sideways).\""}
{"_id": "554242", "title": "", "text": "If you are going by who lost the most wealth, that hardly seems fair - because most people in their 20s dont have any wealth to lose.  I won't buy the premise that Gen X has it worse than Y/Millenials.  People who are graduating and can't find jobs end up with terrible prospects.  They may never be able to climb the professional ladder ever [as long as entry level positions all require experience].   Whereas someone in Gen X that loses a job, atleast they have years of experience to help them get another job."}
{"_id": "554244", "title": "", "text": "What?  They don't need to improve on shit, their ThinkPad line is amazing.  They are already the best laptops on the market, hands-down.  Using one right now, over 2 years old and flawless.    Plus, the little red dots are called *nipples*.  My laptop has a *nipple*.  Hehehehehe."}
{"_id": "554255", "title": "", "text": "Assuming constant velocity, inflation is caused by the difference between the growth in the money supply and growth in real output. In other words, this means that the money supply growing faster than output is expanding causes inflation to arise."}
{"_id": "554262", "title": "", "text": "Even people who did think it was a good didn't really get screwed. If you are an investor who thinks Facebook is a good buy then fucking hold it. The company hasn't even released its first quarter of earnings yet. If the people who bought Facebook are right about it it will be worth it in five years. The fact is we cannot say whether or not that is going to happen right now.   The only people who really got screwed are the ones who wanted to flip it. If you wanted to flip it you lost a lot of money, but the retail investors who figured that Facebook long-term was worth the money, didn't get screwed. They might be wrong and might lose all their money five years from now, but they didn't get screwed yet."}
{"_id": "554289", "title": "", "text": "I work in finance so I like it. Although, many businesses are having their employees read it. My friends dad is the CEO of a metals company and he had his 100+ people at corporate all read it. Seemed to do well. All about perception I guess."}
{"_id": "554293", "title": "", "text": "\"You should contact the company and the broker about the ownership. Do you remember ever selling your position? When you look back at your tax returns/1099-B forms - can you identify the sale? It should have been reported to you, and you should have reported it to the IRS. If not - then you're probably still the owner. As to K-1 - the income reported doesn't have to be distributed to you. Partnership is a pass-through entity, and cannot \"\"accumulate\"\" earnings for tax purposes, everything is deemed distributed. If, however, it is not actually distributed - you're still taxed on the income, but it is added to your basis in the partnership and you get the tax \"\"back\"\" when you sell your position. However, you pay income tax on the income based on the kind of the income, and on the sale - at capital gains rates. So the amounts added to your position will reduce your capital gains tax, but may be taxed at ordinary rates. Get a professional advice on the issue and what to do next, talk to a EA/CPA licensed in New York.\""}
{"_id": "554300", "title": "", "text": "I guess you could argue either way. I think the key point is that otherwise perfectly qualified people are not considered because of drug use. Personally, I disagree with drug tests (especially pee tests which only prove that you used drugs in the past, not that you showed up high). What you do on your own time should not matter, IMO."}
{"_id": "554368", "title": "", "text": "I'm a farmer and it'll be interesting to see what impact this has on the fresh aisle. A lot of farmers get into the organic market because the margins are better than conventional, but the costs AND risks are a lot higher.   If the hit is solely on the Whole Foods/store side, it'll all be fine. But if they come back to the growers that [typically see less than 10% of the dollar spent at the grocery store anyway](https://www.ers.usda.gov/webdocs/charts/58353/food-prices_fig03.png?v=42835), it'll be interesting to see who is willing to stick it out in the organic sector."}
{"_id": "554388", "title": "", "text": "\"If Target extended this offer and the customers took them up on the offer, then how is this \"\"getting away with anything\"\"?  Just because it sounds too good to be true doesn't mean it's unethical. To me it just sounds like Target made a really generous offer.\""}
{"_id": "554422", "title": "", "text": "\"It's a status symbol, but that status isn't about money. It's about virtue signaling, and showing that you \"\"care\"\" about the environment. It's the same reason that the Prius didn't sell as well until after it was given a distinctive look, and why nondescript electric versions of Honda's and others don't have similar market share, even when they outperform more visible competitors.\""}
{"_id": "554438", "title": "", "text": "also it is fungible, if I'm using the right term - an important property of a currency - meaning it's easy to change into other forms. (you can melt it and make bigger, smaller, or different shaped things)."}
{"_id": "554465", "title": "", "text": "If you want to see a more academic version of this look up Weighted Average Cost of Capital (WACC).   It's a formula that tells you how much it costs for a company to raise $1 of capital whether it be through issuing bonds or stocks.   One thing you learn is that there are times that if you take on loans (even if you don't need it) you can raise shareholder value and therefore the total company netvalue. The thought process is (as it states in the article above) that a company can issue debt for cheaper than issue shares and it will have extra cash which it can use to get a better return than its net effective interest rate.   I tried to give an example but I only ended up rehashing what it says in the article. Anyhow look up WACC and you'll understand the fundamentals."}
{"_id": "554475", "title": "", "text": "Website streamlining is not a simple part; it is inspected to be long haul business procedures. For search engine optimization in Dubai, you need to pick the main organization the individuals who give better answers for developing your site rankings. The expert thoroughly understood the SEO administrations and they will give the best answers for their customer's, best case scenario conceivable rates. There are a gigantic number of digital agencies in dubai are accessible for you to giving computerized answers for your business crosswise over discrete verticals. For further more information about the SEO and improve your ranking on the top search engines like Google, bing etc."}
{"_id": "554516", "title": "", "text": "But 50% of the population doesn't support Trump. If you go by the vote, approximately 50% of the US population doesn't vote. About half of the voting population supported Trump, so you're talking about 1/4 of the population. And SINCE the election, Trump's approval ratings having plummeted, so realistically, you're alienating a minority of the US population."}
{"_id": "554517", "title": "", "text": "Hah . .hah . . we finally shemeckled the shemeckles  The Israeli's were the first to buy these pieces of Junk, well I guess they could always drive them over unarmed civilians and poke them with the pointy noses, on the planes, I mean"}
{"_id": "554518", "title": "", "text": "\"In Europe in most of the countries there is also a thing called ACH. In UK there is a thing called BACS and in other countires there are other things. Essentially every country has what is called a \"\"Low value Net Settlement System\"\" that is used to transfer funds between accounts of different banks. In US there is rounting number, in UK there is a Sort Code, in Indonesia there is a sort code. Essentially a Bank Identifier that is issued by the Governing body within respective countires.   Certian identifiers like SWIFT BIC [Bank Identification Code] are Unique across world.\""}
{"_id": "554522", "title": "", "text": "I'll add this to what the other answers said: if you are a renter now, and the real estate you want to buy is a house to live in, then it may be worth it - in a currency devaluation, rent may increase faster than your income.  If you pay cash for the home, you also have the added benefit of considerably reducing your monthly housing costs. This makes you more resilient to whatever the future may throw at you - a lower paying job, for instance, or high inflation that eats away at the value of your income.  If you get a mortgage, then make sure to get a fixed interest rate. In this case, it protects you somewhat from high inflation because your mortgage payment stays the same, while what you would have had to pay in rent keeps going up an up. In both cases there is also taxes and insurance, of course. And those would go up with inflation.  Finally, do make sure to purchase sensibly. A good rule of thumb on how much you can afford to pay for a home is 2.5x - 3.5x your annual income. I do realize that there are some areas where it's common for people to buy homes at a far greater multiple, but that doesn't mean it's a sensible thing to do.  Also: I'll second what @sheegaon said; if you're really worried about the euro collapsing, it might give you some peace of mind to move some money into UK Gilts or US Treasuries. Just keep in mind that currencies do move against each other, so you'd see the euro value of those investments fluctuate all the time."}
{"_id": "554551", "title": "", "text": "Not really.  Human nature involves killing each other for profit.  Sure, their minds sanitize the act with beliefs that rationalize their behavior but the reality is that if a person can convince themselves that the other person deserved to die so they could benefit, they'll do it."}
{"_id": "554562", "title": "", "text": "Tourism is down and we\u2019re slated to lose 2 billion in the industry overall this year thanks to Trumps travel ban.  We don\u2019t have many tourists from those countries either, but the rest of the world looks at us, sees what we\u2019re doing and is freaked the fuck out.    Canada has universities that are hugely benefitting.  Students don\u2019t want to go to a country where they think they will be unwelcome.  Smart people from India and China look at Trump and they make the decision that serves their interests the best.  Canada is more welcoming and it doesn\u2019t have nearly the same level racial discomfort that Trump has brought.  We also get people from Japan and Korea and they hate Trump because of the tensions he has created in the region.  They feel like pawns.  We also get a lot of smart people from Latin America and it goes without saying that Latinos are scared of the atmosphere he has created.  He is fucking shit up big time when it comes to immigration.  He is making the U.S. a less desirable place to go, and it\u2019s impacting our ability to recruit talent from around the world.  That doesn\u2019t even begin to delve into his overall anti science policies.  He\u2019s an epic disaster."}
{"_id": "554568", "title": "", "text": "You are misunderstanding what makes the price of a stock go up and down. Every time you sell a share of a stock, there is someone else that buys the stock.  So it is not accurate to say that stock prices go down when large amounts of the stock are sold, and up when large amounts of the stock are bought.  Every day, the amount of shares of a stock that are bought and sold are equal to each other, because in order to sell a share of stock, someone has to buy it. Let me try to explain what actually happens to the price of a stock when you want to sell it. Let's say that a particular stock is listed on the ticker at $100 a share currently.  All this means is that the last transaction that took place was for $100; someone sold their share to a buyer for $100. Now let's say that you have a share of the stock you'd like to sell.  You are hoping to get $100 for your share.  There are 2 other people that also have a share that they want to sell.  However, there is only 1 person that wants to buy a share of stock, and he only wants to pay $99 for a share.  If none of you wants to sell lower than $100, then no shares get sold.  But if one of you agrees to sell at $99, then the sale takes place.  The ticker value of the stock is now $99 instead of $100. Now let's say that there are 3 new people that have decided they want to buy a share of the stock.  They'd like to buy at $99, but you and the other person left with a share want to sell at $100.  Either one of the sellers will come down to $99 or one of the buyers will go up to $100.  This process will continue until everyone that wants to sell a share has sold, and everyone who wants to buy a share has bought.  In general, though, when there are more people that want to sell than buy, the price goes down, and when there are more people that want to buy than sell, the price goes up. To answer your question, if your selling of the stock had caused the price to go down, it means that you would have gotten less money for your stock than if it had not gone down.  Likewise, if your buying the stock had caused it to go up, it just means that it would have cost you more to buy the stock.  It is just as likely that you would lose money doing this, rather than gain money."}
{"_id": "554570", "title": "", "text": "The problem is that they all want a lucrative lifetime job just for the asking with no more experience than a high school education, if that, like they could get in the heyday of coal. Telling them that they need to get an education to learn a new technology so they can compete for a merely OK job makes them mad."}
{"_id": "554573", "title": "", "text": "The biggest reason to protect your credit card number is for your personal convenience. Replacing cards, even if there is no immediate dollar-consequence, is time consuming, so there IS a cost unless you do not assign value to your time. Additionally, repeated fraud may cause your financial institution to decide you're an above-average fraud risk and close your account. This costs more time and credit checks, etc., to apply for a new card."}
{"_id": "554576", "title": "", "text": "Hard work is not eliminated when the rule of law exists. You're presenting a false dichotomy of either allowing people to force companies to pay them more, or not having hard work.  &gt;Unions are legal so forming one isn't going against the rule of law,  I didn't state they were illegal. I stated that Walmart should fire them.  &gt;if they weren't we would of never have gotten the things we enjoy today as workers like the 8 hour day and the ban on child labor.  Absolute nonsense. The prevalence of child labor was decreasing long before any law was created prohibiting it. Child labor is necessary in poor countries because people are far less productive per hour worked. As productivity increases, parents can afford to send their children off to school instead of working, since their own work is enough to support the family.  Child labor is something that needs to disappear on its own, in response to changing economic conditions. If you introduced a law prohibiting child labor in a poor country like Cambodia right now, it would lead to widespread hardship and an increase in mortality.  In other words, no government mandate created due to union-pressure can possibly lead to beneficial change, since laws that limit people's economic rights, under the assumption that 51% knows what's better for the minority than they themselves do, generally do much more harm than good."}
{"_id": "554581", "title": "", "text": "\"Your ignorance of global finance and business is showing through.  &gt;Nothing \"\"conspiratorial\"\" - just standard tax optimization scheme as shown by  Google &amp; Apple.  The tech industry is fundamentally different from retailing.  That you can't see this is mind boggling.  There is nothing \"\"standard\"\" about the tax optimization schemes done by Apple and Google that can be copied by grocers.  Apple and Google have vast international operations with revenue coming from multiple countries.  They are asset light and have very high profit margins.  Grocery stores have very small / negligible international operations and are asset heavy.  Try also have very low profit margins.  &gt;From the point of supply and demand, they are actually overpaid - lots of desperate people that agree to the barest minimum allowed by law (and below that, if you include illegal aliens). Still doesn't mean they are paying the living wage.  Mentioning living wages in an argument about supply and demand tips off that you have no clue what you are talking about.  Living wage is irrelevant to the supply and demand for labor.  What you call \"\"desperation\"\" for a job dismissed many of the perfectly logical reasons why somebody may choose to work for a low wage.  You assume that the equilibrium wage for grocery store workers is below the minimum wage - falsely.  Walmart workers make more than minimum wage, on average, before benefits are taken into account.  Illegal aliens can't do most grocery store jobs because (1) they can't speak English, and (2) they probably can't do the math needed to be a cashier.  Teenagers (the vast majority of minimum wage workers) are increasingly choosing not to work.  The supply of people that are able to do these types of jobs is probably not much bigger than it is already.  &gt;20% are imported.  And they don't have to set up a \"\"supply chain\"\" - just the bare minimum to legally siphon funds into another company they own, be it via interest on credit, rent, intellectual property (i.e. franchise or trademark payments) or anything else.  This is laughable, do you really believe this?  Grocery stores have absolutely MASSIVE supply chain risk.  Arguably their entire value proposition is in supply chain.  You seem to think there's an evil cabal moving money around to screw people over.  This is left wing bullshit conspiracy stuff.  You sound like a left wing version of Alex Jones.  Show me clear evidence that a grocer is doing this, including references in their actual financial statements.\""}
{"_id": "554585", "title": "", "text": "\"Whole Foods has been taking a beating. It used to be **the** go-to place for \"\"healthier\"\" products and it positioned itself as an elite brand. But now most supermarkets offer much greater healthier selections, often at cheaper prices. Trader Joe's is expanding and stores like Costco offer the opportunity to buy everything at once, whereas WF is limited in its non-food/non-healthcare products. Their targeted market, yuppies with disposable income, are all flocking to these competitors.   I feel like WF is the type of place you go now just to pick up a few things or perhaps one certain item that isn't carried elsewhere. To me, it is a dying brand, so to hear it called undervalued is somewhat funny.\""}
{"_id": "554588", "title": "", "text": "You obviously have no clue what's being done to the post office.  Nobody is saying they shouldn't fund their retirement, just that they shouldn't fund it for people who will retire in the year 2090...in 2014.  Go read up on it, then come back and make actual contributions to the discussion."}
{"_id": "554589", "title": "", "text": "STG Highflyers main expertise is in designing and developing high-end, multi-functional and target-oriented websites. Among the websites we have developed so far you can find portals, image, commerce and marketing-oriented websites. All of our websites are tailored to our customers' individual needs according to the targets of their marketing plan. Come take a look through our site to get a glimpse of what we are capable of doing."}
{"_id": "554596", "title": "", "text": "Except in the EU where you can in fact sell your software licence on.   This case is interesting for us here in Europe as we already have legal precedent that this transaction is allowed, although not specifically about digital media.  What I am not as clear about is if they lose the case in US can they trade here still?"}
{"_id": "554607", "title": "", "text": "Social media advertising and marketing is one of the famous methods of advertising your products, as we see a whole lot of people logging into social media sites on a normal basis. Search engine takes the most amount of hits in terms of net searching in comparison to any other platform like EMAIL advertising, Marketing agency for startups and so forth. As humans look ahead to looking or recognise about exclusive products and services in any of the search engines like google, expert search engine optimization services tends to promote with the help of keywords on a everyday basis to draw users from distinctive part of the sector to visit your internet site."}
{"_id": "554653", "title": "", "text": "Other metrics like Price/Book Value or Price/Sales can be used to determine if a company has above average valuations and would be classified as growth or below average valuations and be classified as value. Fama and French's 3 Factor model would be one example that was studied a great deal using an inverse of Price/Book I believe."}
{"_id": "554654", "title": "", "text": "\"For a job doing that kind of stuff, what is PREFERRED is 4 year undergrad at ivy league school + 2 year MBA at ivy league school, and then several more years of experience, which you can sort of get by interning while in school this will of course saddle you with debt, which is counterintuitive to your plans basically, the easy way up is percentage based compensation. without knowing the right people, you will get a piss poor salary regardless of what you do, in the beginning. so portfolio managers earn money by percentage based fees, and can manage millions and billions. real estate agents can earn money by percentage based commissions if they close a property and other business venture/owners can do the same thing. the problem with \"\"how to trade\"\" books is that they are outdated by the time they are published. so you should just stick with literature that teaches a fundamental knowledge of the products you want to trade/make money from. ultimately regardless of how you get/earn your initial capital, you will still need to be an individual investor to grow your own capital. this has nothing to do with being a portfolio manager, even highly paid individuals on wall street are in debt to lavish expenditures and have zero capital for their own investments. hope this helps, you really need to be thinking in a certain way to just quickly deduce good ideas from bad ideas\""}
{"_id": "554660", "title": "", "text": "Yeah, I'm a non-secular living in an Othordox area in Queens and it's BAD. They do not respect people walking on sideways either (Men or Woman) when they walk 3 adults + 2 children wide. They don't make a good name for their sect."}
{"_id": "554674", "title": "", "text": "If you find a particular stock to be overvalued at $200 for example and a reasonable value at $175, you can place a limit order at the price you want to pay. If/when the stock price falls to your desired purchase price, the transaction takes place. Your broker can explain how long a limit order can stay open. This method allows you to take advantage of flash crashes when some savvy stock trader decides to game the market. This tactic works better with more volatile or low-volume stocks. If it works for an S&P500 tracking ETF, you have bigger problems. :) Another tactic is to put money into your brokerage cash account on a regular basis and buy those expensive stocks & funds when you have accumulated enough money to do so. This money won't earn you any interest while it sits in the cash account, but it's there, ready to be deployed at a moment's notice when you have enough to purchase those expensive assets."}
{"_id": "554685", "title": "", "text": "The rules are complex. See How to Deduct IRA Losses, at Smart Money.  You must liquidate the entire account (bad) and the loss is subject to the amount exceeding 2% of your AGI. If you are subject to AMT, you may lose any or all of that remaining amount."}
{"_id": "554700", "title": "", "text": "Depending on your income/savings level and who you work for (if you work for a big company check with an HSBC Premier advisor, they may waive the requirements), you may qualify for an HSBC Premier account, which can allow you to open accounts in different countries and transfer money between them without a fee. You can also get a Premier account without meeting the requirements if you are willing to pay a monthly fee, but I doubt that will be worth it in the long run for what you need (worth doing the math though if you travel frequently).  NOTE: There may be similar offerings from other banks, but this is just the only one I'm aware of."}
{"_id": "554706", "title": "", "text": "Having more money than you know what to do with is a good problem to have. :) Congratulations on your early retirement! I'd say this is a good time to start learning about investing, because nobody will look after your money as well as you will. Fund managers and financial advisers may mean well, but they are just salespeople, paid commissions to promote their employers' products. Not that there's anything wrong with that; it's just that their interests are not aligned with yours. They get paid the same, whether you make or lose money. If you want to live off your investments you must invest in your financial education."}
{"_id": "554717", "title": "", "text": "The best products related to name badges online are available at this company at very affordable rates. The experts can design your name badges to suit any design with unlimited number of colours. They will ship them to you anywhere in Australia or overseas."}
{"_id": "554734", "title": "", "text": "A good way to measure the performance of your investments is over the long term. 25-30% returns are easy to get! It's not going to be 25-30% in a single year, though. You shouldn't expect more than about 4% real (inflation-adjusted) return per year, on average, over the long term, unless you have reason to believe that you're doing a better job of predicting the market than the intellectual and investment might of Wall Street - which is possible, but hard. (Pro tip: It's actually quite easy to outdo the market at large over the short term just by getting lucky or investing in risky askets in a good year. Earning this sort of return consistently over many years, though, is stupidly hard. Usually you'll wipe out your gains several years into the process, instead.) The stock market fluctuates like crazy, which is why they tell you not to invest any money you're likely to need sooner than about 5 years out and you switch your portfolio from stocks to bonds as you approach and enter retirement. The traditional benchmark for comparison, as others have mentioned, is the rate of return (including dividends) from the Standard and Poors 500 Index. These are large stable companies which make up the core of larger United States business. (Most people supplement these with some smaller companies and overseas companies as a part of the portfolio.)"}
{"_id": "554739", "title": "", "text": "\"There are certain allowable reasons to withdraw money from a 401K.  The desire to free your money from a \"\"bad\"\" plan is not one of them.   A rollover is a special type of withdrawal that is only available after one leaves their current employer.  So as long as you stay with your current company, you cannot rollover.  [Exception: if you are over age  59.5] One option is to talk to HR, see if they can get a expansion of offerings.  You might have some suggestions for mutual funds that you would like to see.  The smaller the company the more likely you will have success here.  That being said, there is some research to support having few choices.  Too many choices intimidates people. It's quite popular to have \"\"target funds\"\"  That is funds that target a certain retirement year.  Being that I will be 50 in 2016, I should invest in either a 2030 or 2035 fund.  These are a collection of funds that rebalances the investment as they age.  The closer one gets to retirement the more goes into bonds and less into stocks.   However, I think such rebalancing is not as smart as the experts say.  IMHO is almost always better off heavily invested in equity funds.  So this becomes a second option.  Invest in a Target fund that is meant for younger people.  In my case I would put into a 2060 or even 2065 target. As JoeTaxpayer pointed out, even in a plan that has high fees and poor choices one is often better off contributing up to the match.  Then one would go outside and contribute to an individual ROTH or IRA (income restrictions may apply), then back into the 401K until the desired amount is invested.   You could always move on to a different employer and ask some really good questions about their 401K.  Which leads me back to talking with HR.  With the current technology shortage, making a few tweaks to the 401K, is a very cheap way to make their employees happy. If you can score a 1099 contracting gig, you can do a SEP which allows up to a whopping 53K per year.  No match but with typically higher pay, sometimes overtime, and a high contribution limit you can easily make up for it.\""}
{"_id": "554765", "title": "", "text": "You're spot on for Whole Foods. This is a great step for them, and for Amazon. I've spoken with coworkers across my company that have been severely disappointed in the past with the Amazon grocery development. I see this as a easy way for Amazon to enter brick-and-mortar, compete in a more tangible way with other grocery chains, and still be Amazon.   Ultimately, Whole Foods/Amazon does not equivocally mean better prices from farm marketers. Grain, pork, corn, beef, salt prices are going to if anything lower for farmers for larger profits as the marketers have not changed. Monsanto, ADM, Cargill, are still big players that are all in talks with to make this merger sustainable for Amazon and Whole Foods. That supply chain remains until Amazon moves into a rather deeper market."}
{"_id": "554774", "title": "", "text": "&gt; The best country is only 10% better...  No, the US is average to below average. Your calculation assumes a baseline of 0 but that isn't the case.  For math we scored 487.  The top score is 600 and the bottom is 331.  That puts us in the 58th percentile in the full range.  Don't feel bad.  You probably went to an American school."}
{"_id": "554784", "title": "", "text": "\"After much research, the answer is \"\"a\"\": recompute the tax return using the installment sales method because (1) the escrow payment was subject to \"\"substantial restrictions\"\" by virtue of the escrow being structured to pay buyer's indemnification claims and (2) the taxpayer did not correctly elect out of the installment method by reporting the entire gain including the escrow payments on the return in the year of the transaction.\""}
{"_id": "554797", "title": "", "text": "\"A simple pyramid scheme, where the person at the top gets their pay out from the people at the bottom (the new participants), has two important characteristics: For instance, take a look at this scheme, where the number of new participants to be recruited is 6:  Let's say you get in pretty high up, at the third level. Also, let's assume it only has three levels, so you pay the person on level one, who is then retired from the pyramid. The person above you, who recruited you, gets paid out by the people you recruit, and you get paid out by the people your recruits themselves recruit. As far as pyramid schemes go, that's fantastic. Usually the number of recruits and the number of levels between top and bottom (between paying to get in and getting paid out yourself) are both larger. Also, you got in at the beginning, at level 3 overall. But even here, there need to be over 7,500 participants in the scheme, before you get your pay out. And you got in early! Had you gotten in only one level later, or would the number of levels between top and bottom be one more, as you can see, the number of participants needed for you to get your pay out increases drastically. (...) they brag about income being \"\"unlimited\"\" in theory since you could be on the bottom and still bring in enough people to make a satisfactory income (...) No. This is not true. The pool of people who are willing to participate will be exhausted pretty quick.\""}
{"_id": "554814", "title": "", "text": "\"I don't follow the numbers in your example, but the fundamental question you're asking is, \"\"If I can borrow money for a low cost, and if I think I can invest it and receive returns greater than that cost, should I do it?\"\" It doesn't matter where that money comes from, a mortgage that's bigger than it needs to be, a credit card teaser rate, or a margin line from your stock broker. The answer is \"\"maybe\"\" - depending on the certainty you have about the returns you'd receive on your investments and your tolerance for risk. Only you can answer that question for yourself. If you make less than your mortgage rates on the investments, you'll wish you hadn't! As an aside, I don't know anything about Belgian tax law, but in US tax law, your deductions can be limited to the actual value of the home. Your law may be similar and thus increase the effective mortgage interest rate.\""}
{"_id": "554823", "title": "", "text": "I still have a feeling this company is in deep trouble. All signs point towards Google taking them to the cleaners over Waymo IP theft, not to mention the scandalous company culture.   If Google teams up fill throttle with Lyft, I think it's over."}
{"_id": "554833", "title": "", "text": "Pete, 25 years of inflation looks like 100% to me with back of napkin math. $220K will feel like $110K. In today's dollars, can you live on $110K?  (Plus whatever Social Security you'll get)? My concern from what you wrote, if I'm reading it correctly, is that you have this great income, but relatively low savings until now.  From the recent question Building financial independence I offered a guide to savings as it compares to income.  Even shifted 5 years for a later start, and scaled for a 70-75% replacement ratio, you should be at 2X (or $440K) by now. That's not a criticism, but an observation that you've been spending at a nice clip so far. The result is less saving, of course, but also a need for a higher replacement ratio.  Last, a 10% return for the next 25 years may be optimistic. I'm not forecasting doom or gloom, just a more reasonable rate of return, and wouldn't plan to see higher than 7-8% for purposes of planning. If I am wrong, (and if so, we can both laugh all the way to the bank) you can always scale back savings in 10-15 years. Or retire earlier.  Note: Pete's question asks about a 40 year old working till 65, but the comment below has him 48 and planning to work until 62. 14 years of $45K deposits total less than $700K. Even at 10%, it wouldn't grow to much more than $2M, let alone $5M."}
{"_id": "554836", "title": "", "text": "Since swimming pool fences that are made of glass come in such a wide variety of designs, you can choose one to suit your home perfectly. While iron or wood fencing can look out of place, a carefully chosen glass fence fits in perfectly."}
{"_id": "554846", "title": "", "text": "In Virginia, there are lot of Military Homes. We can help for those people which are looking the Military Rental Homes for any location in U.S. Government can provide the various facilities such as schools, Colleges, hospitals, wandering etc. In the Virginia, all the military homes owners are military man. They have very strict rules and regulations."}
{"_id": "554853", "title": "", "text": "\"The Cash Credit from Unsettled Activity occurs because AGG issued a dividend in the past week. Since you purchased the ETF long enough before the record date (June 5, 2013) for that trade to settle, you qualified for a dividend. The dividend distribution was $0.195217/share for each of your six shares, for a total credit of $1.17 = 6 * 0.195217. For any ETF, the company's website should tell you when dividends are issued, usually under a section titled \"\"Distributions\"\" or something similar. If you look in your Fidelity account's History page, it should show an entry of \"\"Dividend Received\"\", which confirms that the cash credit is coming from a dividend distribution. You could look up your holdings and see which one(s) recently issued a dividend; in this case, it was AGG.\""}
{"_id": "554855", "title": "", "text": "Yes, but most/many people will not realize how small hardcover books sales are in proportion. Then they throw in some hype about how this is a landmark in ebook sales etc.. and there you go.   The article has a clear agenda. There has been a lot of focus on ebook vs print and this tries to pull the wool over your eyes by leaving out relevant information."}
{"_id": "554856", "title": "", "text": "Your title question, Who could afford a higher premium who couldn't afford a higher monthly payment?, contrasts premium with monthly payment, but those are the same thing.  In the body of your question, you list monthly payment and deductible, which is entirely different. The deductible is paid only if you need that much medical care in any one year.  Most years a person in good health pays little because of the deductible.  Thus, the higher deductible options offer catastrophic health insurance without giving much in the way of reimbursement for regular medical expenses. Note - the original question has been edited since."}
{"_id": "554891", "title": "", "text": "I recommend using Morning Brew. They email you a free daily newsletter with the top financial news stories and earnings events. I have subscribed to the Wall Street Journal and Financial Times before. Morning Brew basically covers all of the headlines you would see on those sites."}
{"_id": "554895", "title": "", "text": "\"&gt;The odd thing about primary school education (that I hear from talking to teachers) is that the materials used in the classroom are all bought under some sort of district wide (or even state wide, in the case of texas) decision for which program to use.  It didn't used to be that way, but yes, that is pretty much how it is done these days... basically \"\"central planning\"\" and \"\"one size fits all\"\" as I said.  &gt;For reading they generally include a set of books (or single book) with a sequence of things to be taught. Teacher's who've been teaching for a long time will know which series has useful properties for teaching the material. They might refer to them by names, but it really just comes down to a set of materials and sequence of introducing material.   And of course none of that really has ANYTHING to do with actual \"\"reading\"\".  &gt;When one teacher says to another \"\"I used $X to supplement the required $Y\"\" it'd be like a software engineer saying \"\"I used a hash map instead of a map for that case because it had better performance for the use case\"\" - there's a fair amount of baggage in the statement, but another software engineer would understand the differences and know what tradeoffs were being made.  No. That's a rather poor analogy.  A better analogy would be: \"\"We used to use SAP, but then we got bought out by XYZ corporation, and now we have to build everything around Oracle.\"\" (And the reality is that both choices are crap.)  &gt;As to the \"\"Master's in Reading\"\" - there's a lot of goofy degrees offered through the Education departments at state schools. A large part of it is because the union pay scales include things like education level. They tend to be equivalent to any terminal masters program you'd find in other subjects - including MBA. \"\"Take these classes - part time and summers over the next 3 years, and if you pass them all, we give you a piece of paper that says \"\"Masters of Education - Reading\"\" or similar. It comes down to something like 45 credit hours with a focus on something.  It's also a result of the \"\"requirement for continuing education\"\" to maintain Teaching licenses/certifications.  And yeah, it has created a lot of \"\"Underwater Basket Weaving Experts\"\" -- the problem is that they ACTUALLY *SINCERELY* BELIEVE that they have some significant \"\"expertise\"\"... even though it can *not* be shown in their results (if it could, they would be \"\"all about\"\" merit pay).  &gt;I actually doubt that. It's going to come down to the sets of materials they have available for teaching. Some work, some don't. The structure of the system discourages improvisation, unfortunately, and the teachers often feel that they have their hands tied.  Young, beginning teachers feel they have their hands tied -- those types either leave teaching, or they succumb to the system.  The teacher in question (with the \"\"Masters\"\" in \"\"Reading\"\") succumbed to the system long, long ago.  And that teacher's whole concern was really just a \"\"brand X\"\" versus \"\"brand Y\"\" thing -- the teacher knows \"\"brand X\"\" and so can (and probably does) \"\"teach\"\" it while half-asleep.  Most long tenure teachers tend to get in a comfortable \"\"rut\"\" -- comfortable in no small because it is not only familiar, but also because it then requires little work to update their curricula or prepare anything new -- disrupting that (i.e. switching from \"\"brand X\"\" to \"\"brand Y\"\" is therefore nearly always met with either opposition or grumbling &amp; grudging compliance).  **It is INDEED \"\"the system\"\", but one must keep in mind that it is the \"\"teachers\"\" (collectively, in aggregate over time) that have essentially created that system.**\""}
{"_id": "554903", "title": "", "text": "\"&gt;Just came across this Economist article, they make it sound quite straight forward and I don't think they can be called totalitarian leftists by any stretch.  Yes they point out that the US corporate tax is horribly punitive and forces companies to spend insane amounts of money to lower their tax rates to globally competitive levels; that the tax rate is ridiculously and punitively high (though SOME companies have been able to lower their taxes far below the statutory rate) and that the global taxation of income is an insanely punitive totalitarian practice, that no other G-7 country would dare try to put in place.  &gt;It seems clear that the 35% rate is not the driving reason for these huge companies doing inversions.  Then what is causing them? Are they spending billions of dollars on overseas inversion driven acquisitions just to throw the money away?   No the reason, as is simply laid out in your quote is the extremely high tax rate and the global taxation of income. The companies that pay closest to the statutory rate are the ones most desperate to leave.  Summary: some companies pay less than the average rate, some pay more. The ones paying at the highest level on earth on all their global income, are desperate to leave this greedy corrupt government behind. If the US government wants to treat them so poorly, I commend these executives for saying fuck off back to the politicians. Hopefully, one day politicians will see this and put in a fair and competitive corporate tax system, or zero out the corporate tax and recover the lost revenue from rich capital owners as they should.  &gt;but I just don't want to hear the silly argument of \"\"oh our poor mega corporations are having to pay the highest taxes in the world!\"\" when the tax environment in the US is clearly rigged in their favor.   Many large US companies do pay the highest tax rates in the world while some pay very little. Guess who is doing everything they can to leave behind our wretched greedy government: the ones with the high tax rates. The companies desperate for inversion deals aren't the ones paying zero taxes.  &gt;Small and mid sized companies that can't afford their own Congressman sure are getting fucked though, and that makes me sad.  Most small companies don't pay any corporate taxes as they aren't organized as C corps.\""}
{"_id": "554910", "title": "", "text": "\"But I don't see how it's any different than buying a stock at a low price and holding on to it for some months. Based on your question, I would say the difference is time. Day trading by its nature is a 6-hour endeavor. If you buy low and are planning to sell high, then you only have a few hours to make this happen. As a previous poster mentioned, there is a lot of \"\"white noise\"\" that occurs on a weekly/daily/hourly/min basis. Long-term investors have the time to wait it out. Although, as a side note, if you were a buy-and-hold investor from the 1960s-early 1980s, then buy and hold was not very good. Is it just the psychological/addictive aspect of it? This is the biggest reason. Day trading is stressful and stress can cause financially destructive decisions such as over-leveraging, over-trading, etc. Why is day trading stressful? Because you are managing hundreds to thousands of trades a year. When combined with the lack of time in a day to make moves, it becomes stressful. Also, many day traders do it full time. Which adds to the pressure to be correct and to be incredible at money managment. A lot of buy-and-hold investors have full time jobs and may only check their positions every month or so.\""}
{"_id": "554937", "title": "", "text": "I think a lot of research is about to get cited very soon.  I'll dump it here.  I have a full time job so I don't have a lot of time to dig it up; I'll let the researchers do the researching for now.  I'll get back at you when a compilation of research comes out.  My goal will be to provide the most up-to-date, global studies on gender interest levels for different career fields under the hypothesis that we will see that far fewer women are interested in tech, despite the development level or cultural background.    But, c'mon, let's be honest: All over the world men are the majority of those in tech.  That didn't happen in every single society in the history of humanity because there was not a gender bias for career fields.  If I need to cite a paper to admit there is validity to this guy's claim, then no amount of research will convince you that the bias is there.  It's like convincing Trump that climate change exists, he doesn't want to believe it, so he will ignore all of the evidence to the contrary and focus on the tiny exceptions.  Here is a little bit of research for thought, though:  http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0153857  &gt;Most importantly and contra predictions, we showed that economically developed and more gender equal countries have a lower overall level of mathematics anxiety, and yet a larger national sex difference in mathematics anxiety relative to less developed countries. Further, although relatively more mothers work in STEM fields in more developed countries, these parents valued, on average, mathematical competence more in their sons than their daughters.   As people get more economic choice, they tend to **separate** their profession based on their gender.  It's a bit paradoxical, but only if you assume that males and females have equal interest in all fields.  If you open your mind to the possibility that women and men have separate interests that are biological ingrained, then it makes a lot of sense.  If men and women are biologically predisposed to a certain career fields, giving them more choice will separate them into those fields.   More food for thought:  https://www.economist.com/news/business/21632512-worlds-most-female-friendly-workplaces-executive-suites-are-still-male-dominated"}
{"_id": "554960", "title": "", "text": "I'm a pretty tall person and I find taller vehicles much more comfortable, as well as practical, at least for the things I do.  That being said, I just traded in my Ford truck for a (small-ish) Toyota suv. It seems like all trucks and SUVs in this market get bigger every year. Couple that with really kind of legendary longevity and reliability on some models, it's no wonder why Toyota is doing well."}
{"_id": "554962", "title": "", "text": "This is kind of true, but really if a company needs someone they will find a way to hire. Most time they just let open positions float.  My boss has been interviewing people every day for a month but hasn't found the 'right person' yet.   Now i see why companies 'outsource' their recruiting to head hunters. I prefer to just post my info and let recruiters call me."}
{"_id": "554996", "title": "", "text": "\"First, note that a share represents a % of ownership of a company. In addition to the right to vote in the management of the company [by voting on the board of directors, who hires the CEO, who hires the VPs, etc...], this gives you the right to all future value of the company after paying off expenses and debts. You will receive this money in two forms: dividends approved by the board of directors, and the final liquidation value if the company closes shop. There are many ways to attempt to determine the value of a company, but the basic theory is that the company is worth a cashflow stream equal to all future dividends + the liquidation value. So, the market's \"\"goal\"\" is to attempt to determine what that future cash flow stream is, and what the risk related to it is. Depending on who you talk to, a typical stock market has some degree of 'market efficiency'. Market efficiency is basically a comment about how quickly the market reacts to news. In a regulated marketplace with a high degree of information available, market efficiency should be quite high. This basically means that stock markets in developed countries have enough traders and enough news reporting that as soon as something public is known about a company, there are many, many people who take that information and attempt to predict the impact on future earnings of the company. For example, if Starbucks announces earnings that were 10% less than estimated previously, the market will quickly respond with people buying Starbucks shares lowering their price on the assumption that the total value of the Starbucks company has decreased. Most of this trading analysis is done by institutional investors. It isn't simply office workers selling shares on their break in the coffee room, it's mostly people in the finance industry who specialize in various areas for their firms, and work to quickly react to news like this. Is the market perfectly efficient? No. The psychology of trading [ie: people panicking, or reacting based on emotion instead of logic], as well as any inadequacy of information, means that not all news is perfectly acted upon immediately. However, my personal opinion is that for large markets, the market is roughly efficient enough that you can assume that you won't be able to read the newspaper and analyze stock news in a way better than the institutional investors. If a market is generally efficient, then it would be very difficult for a group of people to manipulate it, because someone else would quickly take advantage of that. For example, you suggest that some people might collectively 'short AMZN' [a company worth half a trillion dollars, so your nefarious group would need to have $5 Billion of capital just to trade 1% of the company]. If someone did that, the rest of the market would happily buy up AMZN at reduced prices, and the people who shorted it would be left holding the bag. However, when you deal with smaller items, some more likely market manipulation can occur. For example, when trading penny stocks, there are people who attempt to manipulate the stock price and then make a profitable trade afterwards. This takes advantage of the low amount of information available for tiny companies, as well as the limited number of institutional investors who pay attention to them. Effectively it attempts to manipulate people who are not very sophisticated. So, some manipulation can occur in markets with limited information, but for the most part prices are determined by the 'market consensus' on what the future profits of a company will be.  Additional example of what a share really is: Imagine your neighbor has a treasure chest on his driveway: He gathers the neighborhood together, and asks if anyone wants to buy a % of the value he will get from opening the treasure chest. Perhaps it's a glass treasure chest, and you can mostly see inside it. You see that it is mostly gold and silver, and you weigh the chest and can see that it's about 100 lbs all together. So in your head, you take the price of gold and silver, and estimate how much gold is in the chest, and how much silver is there. You estimate that the chest has roughly $1,000,000 of value inside. So, you offer to buy 10% of the chest, for $90k [you don't want to pay exactly 10% of the value of the company, because you aren't completely sure of the value; you are taking on some risk, so you want to be compensated for that risk].  Now assume all your neighbors value the chest themselves, and they come up with the same approximate value as you. So your neighbor hands out little certificates to 10 of you, and they each say \"\"this person has a right to 10% of the value of the treasure chest\"\". He then calls for a vote from all the new 'shareholders', and asks if you want to get the money back as soon as he sells the chest, or if you want him to buy a ship and try and find more chests. It seems you're all impatient, because you all vote to fully pay out the money as soon as he has it. So your neighbor collects his $900k [$90k for each 10% share, * 10], and heads to the goldsmith to sell the chest. But before he gets there, a news report comes out that the price of gold has gone up. Because you own a share of something based on the price of gold, you know that your 10% treasure chest investment has increased in value. You now believe that your 10% is worth $105k. You put a flyer up around the neighborhood, saying you will sell your share for $105k. Because other flyers are going up to sell for about $103-$106k, it seems your valuation was mostly consistent with the market.  Eventually someone driving by sees your flyer, and offers you $104k for your shares. You agree, because you want the cash now and don't want to wait for the treasure chest to be sold. Now, when the treasure chest gets sold to the goldsmith, assume it sells for $1,060,000 [turns out you underestimated the value of the company]. The person who bought your 10% share will get $106k [he gained $2k]. Your neighbor who found the chest got $900k [because he sold the shares earlier, when the value of the chest was less clear], and you got $104k, which for you was a gain of $14k above what you paid for it. This is basically what happens with shares. Buy owning a portion of the company, you have a right to get a dividend of future earnings. But, it could take a long time for you to get those earnings, and they might not be exactly what you expect. So some people do buy and sell shares to try and earn money, but the reason they are able to do that is because the shares are inherently worth something - they are worth a small % of the company and its earnings.\""}
{"_id": "554997", "title": "", "text": "\"An attempt at a simple answer for the normal investor: A normal investor buys stock then later sells that stock. (This is known as \"\"going long\"\", as opposed to \"\"going short\"\").  For the normal investor, a stop order (of either kind) is only used when selling. A stop-loss sell order (or stop sell) is used to sell your stock when it has fallen too much in price, and you don't want to suffer more losses.  If the stock is at $50, you could enter a stop sell at $40, which means if the stock ever falls to $40 or lower, your stock will be sold at whatever price is available (e.g. $35). A stop-loss limit sell order (or stop limit sell) is the same, except you are also saying \"\"but don't sell for less than my limit price\"\".  So you can enter a stop limit sell at $40 with a limit of $39, meaning that if the stock falls to $40, you will then have a limit order in effect to sell the stock at $39 or higher.  Thus your stock will never be sold at $35 or any value below $39, but of course, if the stock falls fast from $40 to $35, your limit sell at $39 will not be done and you will be left still owning the stock (worth at that moment $35, say).\""}
{"_id": "555028", "title": "", "text": "I know they were doing bad even back then but it still irks me that he took people's jobs for his own gain instead of trying to revive the company or help them find other work."}
{"_id": "555047", "title": "", "text": "I traded futures for a brief period in school using the BrokersXpress platform (now part of OptionsXpress, which is in turn now part of Charles Schwab). They had a virtual trading platform, and apparently still do, and it was excellent. Since my main account was enabled for futures, this carried over to the virtual account, so I could trade a whole range of futures, options, stocks, etc. I spoke with OptionsXpress, and you don't need to fund your acount to use the virtual trading platform. However, they will cancel your account after an arbitrary period of time if you don't log in every few days. According to their customer service, there is no inactivity fee on your main account if you don't fund it and make no trades. I also used Stock-Trak for a class and despite finding the occasional bug or website performance issue, it provided a good experience. I received a discount because I used it through an educational institution, and customer service was quite good (probably for the same reason), but I don't know if those same benefits would apply to an individual signing up for it.  I signed up for top10traders about seven years ago when I was in secondary school, and it's completely free. Unfortunately, you get what you pay for, and the interface was poorly designed and slow. Furthermore, at that time, there were no restrictions that limited the number of shares you could buy to the number of outstanding shares, so you could buy as many as you could afford, even if you exceeded the number that physically existed. While this isn't an issue for large companies, it meant you could earn a killing trading highly illiquid pink sheet stocks because you could purchase billions of shares of companies with only a few thousand shares actually outstanding. I don't know if these issues have been corrected or not, but at the time, I and several other users took advantage of these oversights to rack up hundreds of trillions of dollars in a matter of days, so if you want a realistic simulation, this isn't it.  Investopedia also has a stock simulator that I've heard positive things about, although I haven't used it personally."}
{"_id": "555051", "title": "", "text": "Summary: should Christians take each other to court over church matters? Absolutely not! Should Christians take each other to court over civil matters? If it can in any way be avoided, no. Should Christians take non-Christians to court over civil matters? Again, if it can be avoided, no. However, in some instances, such as the protection of our own rights (as in the example of the apostle Paul), it may be appropriate to pursue a legal solution."}
{"_id": "555085", "title": "", "text": "Did I make the right choice? Only you can determine that. Financial security and stability are not worthless, but they do not have infinite value either. Any time you go out for a walk you're trading a small amount of financial independence for personal satisfaction, since you could be struck by a car and become disabled. That's a silly example, and you're risking much more financial security by changing jobs than by going for a walk, but it illustrates that sometimes risk is worth it. Would changing jobs be worth the risk that you could end up unemployed? Only you can determine that."}
{"_id": "555097", "title": "", "text": "Making a payment of any amount is usually legal, although of course the specific circumstances matter, and I'm not qualified to give legal advice. Just had to throw in that disclaimer not because I think there's a problem here, but because it is impossible to give a definite answer to a legal question in a specific situation on Stack Exchange. But the government will be involved. There are two parts to that. First, as part of anti-money-laundering laws, banks have to report all transactions above a certain limit; I believe $10k. When you use a check or similar to pay, that happens pretty much automatically. When making a cash payment, you may have to fill out some forms. An secondly, Edward Snowden revealed that the government also tapped into banking networks, so pretty much every transaction is recorded, even if it is not reportable."}
{"_id": "555099", "title": "", "text": "It sounds like your father got a loan and you are making the payments.  If your name and SSN are not on the loan then you are not getting credit for making the payments your father is.  So it will not affect your credit.  If you are on the loan as a secondary borrower it will affect your credit but not substantially on the positive but could affect it substantially on the negative side. Since your father is named as the primary borrower you will probably need to talk with him about it first.  If this is a mistake the 2 of you will need to work together with the bank to get it corrected.  Since your father is currently listed first the bank is probably going to be unable(even if they are willing) to make a change to the loan now with out his explicit permission. In addition if the loan is in your fathers name, if it is a vehicle loan, then the car is most likely in your fathers name as well.  Most states require that the primary signatory on a vehicle loan also be the primary owner on the title to the vehicle.  If your fathers name is the primary name on the title then you would have to retitle the car to refinance in your name."}
{"_id": "555100", "title": "", "text": "\"Holy shit, man. I'm applying to graduate school for Organizational Psychology right now and that's the kind of thing I want to prevent. I like where your head's at, going with the hourly wages. The past four months I've had more work piled on me because my boss quit and I won't be seeing anything close to a raise for another 8 months because I was temporary for the first six months then was technically only \"\"hired\"\" in April, meaning I'm not eligible for a raise until my \"\"one-year\"\" which was *actually* this month.   Fucked up things like that are happening all over the country. At Microsoft, staffing agencies get paid $30/hr for their employees' work (who are working AT Microsoft but are staffing agency employees) and the employees see about 30% of that. The agency doesn't have to do anything but rake in the cash, it's absolute bullshit.   I'm very happy that you were straight forward with your boss, because people need to hear that. UNFORTUNATELY, it's going to reflect poorly on you, and that's also fucked up. I have a coworker who spends half the day screwing around on various websites, but since he stays late, he's seen as more dedicated. It's ridiculous. God, I'm so proud of you. Sorry boss, *fuck you,* if you want 50 hours pay me for 50 hours. It's a business contract. You wouldn't sit there and watch a plumber unclog your toilet for 30 minutes then ask him to go unclog your shower too but not pay for that service, would you? Apparently some people would.\""}
{"_id": "555101", "title": "", "text": "You need to get yourself a credit card, and use it regularly and also repay on time. This will help increase your credit score.  Hope you have a regular job which is bringing in money every month, but having just this isnt enough, get a credit card."}
{"_id": "555102", "title": "", "text": "\"Allowances are calculated as your total deductions divided by the tax year's personal exemptions. As mentioned above it is a multiplier. For 2015 the standard deduction for a married couple filing jointly is $12,600 and each of you gets 1 personal exemption ($4,000 in 2015). That's a total of $12,600 + 2*($4,000) or $20,600. Divide this by the personal exemption and you get roughly 5 allowances. Now say your employer offers health insurance and a 401(k) plan. Your total health insurance (or \"\"cafeteria\"\" contributions) are $2,000 for the year, and your total 401(k) plan contributions are $6,000 for the year. This would give an additional $2,000 + $6,000 = $8,000 divided by $4,000 = 2 allowances. Thus you would file with 7 allowances. Note that tax credits are not included in the allowance calculation. That is because they do not affect your taxable income but rather directly reduce your taxes due.\""}
{"_id": "555124", "title": "", "text": "\"Accrued interest generally means \"\"interest that is earned but not received\"\" (http://www.businessdictionary.com/definition/accrued-interest.html).  This is the interest that is added on top of the amount that was originally agreed upon. Because your friend missed some months, she will have gained 3% interest on top of the original loan amount for every month that she didn't pay.  The interest even applies to the increased loan amount, so it will increase exponentially for every month that she does not make a payment.  For example, if the loan amount was for $1,000 and she missed the payment the first month, the 3% accrued interest will raise that loan amount to $1030.  If she misses the second month, then the loan amount will become $1060.90 and so on. This means that it will take her more months to pay the loan in its entirety. \"\"Arrears\"\" are the overdue payments that she had not made (http://www.investopedia.com/terms/a/arrears.asp). So the sentence \"\"with susbsequent payments paying the arrears before being applied to the current month's payment\"\" means that she must pay the overdue debt from the previous months first before she can even make the payment for the current month.\""}
{"_id": "555141", "title": "", "text": "The Vegtrug Wall Hugger is flat on one side so it fits easily against walls, fences, and other vertical surfaces. Like the original, Vegtrug Planter provides a range of soil extent to suit the desire of both deep- and shallow-rooted edible. Vegetable Trug Planter design minimizes displeasure of bending over and helps keep pets and pests out. Flat on one side to fit even against walls and fences &amp; Blower Vac is in the crosshairs of many homeowners lately, and who can blame them? Garden Blower can be dangerously noisy as they endlessly stir up dust and leaves throughout neighborhoods everywhere.More Visit: http://www.ebay.com.au/itm/Blower-Vacuum-Mini-ROK-600-Watt-/112174866451"}
{"_id": "555151", "title": "", "text": "\"&gt; It starts off being the sole province of a handful of fairly-well-off nerds who don't mind wasting their time on something that may end up being a technological dead end, then becomes a high-end rich person's thing once it's proven useful or enjoyable, then as the market expands, it gets cheap enough to benefit everyone.  If allowed to be an early adopter of mind-enhancement technologies I hereby pledge to allocate at least 5% of my time thereafter to finding ways to making the technology more available to all classes of people.  I will totally Borg it up in this shit. (Hrm. Nanovirus that infects and replicates itself into uplifting humans to transhuman... while also producing a \"\"pill\"\" in a person's palm that they can swallow to cure themselves of said infection? I like it.)\""}
{"_id": "555173", "title": "", "text": "Shop consciously, mindfully and deliberately every single time you venture into a store. Don't allow yourself to zone out while shopping, and be sure to keep yourself on a very short leash."}
{"_id": "555174", "title": "", "text": "From PayPal's Q&A The PayPal Debit MasterCard is the fastest way to withdraw money from   your PayPal account. As a MasterCard, Amazon is beside the point. You can use it at any store that takes MasterCard Debit cards. And there would be no fees at all. It's your money."}
{"_id": "555176", "title": "", "text": "\"Working for a lot of startups, I have seen this cycle. Really it has little to do with making the IPO look good because of number of employees, and is more about making the IPO look good because of planning for the future. Many times an IPO is released, it will be valued at $1.00 (made up) and the market will soar and spike. Now stock shares are valued at $3.00. Great. Till after the dust settles a bit, and stocks are valued at $0.85.  This is \"\"normal\"\" and good.  It would be better if the stocks ended a little higher than their initial value, but... such is life.  Now the initial value of the stock is made up of basically the value of the company's assets, and employees are part of those assets and its earning power. They are also a liability, but that has less impact on initial value than assets. Sales right after IPO are based on how well a company will do. Part of that is growth. So it looks nicer to say: \"\"We have 500 employees and have been growing by 20% per month.\"\" than to say \"\"We have 100 employees\"\". In other words, before IPO, employees may be hired to make the company look like it is growing. They may be hired because the budget is projected based on expected growth and expected valuation.  After IPO, you get a concrete number. You have your budget. It may be more than you thought, or it may be less. In our example, the real budget (from capital), is only 28% of the entire projected budget, and 85% of the initial value. It's time to make some budget cuts.  Also, normally, there is a period of adjustment, company wide, as a company goes from VC funding, \"\"here, have as much money as you want\"\", to \"\"real world\"\" funding, with stricter limits and less wiggle room.\""}
{"_id": "555183", "title": "", "text": "Many good points have been brought up, and I'll just link to them here, for ease. Source: I work at a credit/debit card transaction processing company on the Database and Processing Software teams. See mhoran_psprep's answer. See Chris' answer. Believe it or not, banks don't expose their primary (or secondary) database to end users. They don't expose their fastest / most robust database to end users. By only storing x days of data in that customer-facing database and limiting the range of any one query, any query run against it is much less likely to cause system-wide slowness. They most definitely have database archives which are kept offline, and most definitely have an employee-facing database which allows employees to query larger ranges of data. What would a bank have to gain by allowing you to query a full year of transactions?"}
{"_id": "555226", "title": "", "text": "\"I've alway thought that it was strange, but the \"\"price\"\" that gets quoted on a stock exchange is just the price of the last transaction. The irony of this definition of price is that there may not actually be any more shares available on the market at that price. It's also strange to me that the price isn't adjusted at all for the size of the transaction. A transaction of just 1 share will post a new price even if just seconds earlier 100,000 shares traded for a different price. (Ok, unrealistic example, but you get my point.) I've always believed this is an odd way to describe the price. Anyway, my diatribe here is supposed to illustrate the point that the fluctuations you see in price don't really reflect changing valuations by the stock-owning public. Each post in the exchange maintains a book of orders, with unmatched buy orders on one side and unmatched sell orders on the other side. If you go to your broker and tell him, \"\"fill my order for 50,000 shares at market price\"\", then the broker won't fill you 50,000 shares at .20. Instead, he'll buy the 50 @ .22, then 80 @ .23, then 100 @ .30, etc. Because your order is so large compared to the unmatched orders, your market order will get matched a bunch of the unmatched orders on the sell side, and each match will notch the posted price up a bit. If instead you asked the broker, \"\"open a limit order to buy 50000 shares at .20\"\", then the exchange will add your order to the book: In this case, your order likely won't get filled at all, since nobody at the moment wants to sell at .20 and historically speaking it's unlikely that such a seller will suddenly appear. Filling large orders is actually a common problem for institutional investors: http://www.businessweek.com/magazine/content/05_16/b3929113_mz020.htm http://www.cis.upenn.edu/~mkearns/papers/vwap.pdf (Written by a professor I had in school!)\""}
{"_id": "555237", "title": "", "text": "\"The portfolio described in that post has a blend of small slices of Vanguard sector funds, such as Vanguard Pacific Stock Index (VPACX).  And the theory is that rebalancing across them will give you a good risk-return tradeoff.  (Caveat: I haven't read the book, only the post you link to.) Similar ETFs are available from Vanguard, iShares, and State Street.  If you want to replicate the GFP exactly, pick from them.  (If you have questions about how to match specific funds in Australia, just ask another question.)  So I think you could match it fairly exactly if you wanted to. However, I think trying to exactly replicate the Gone Fishin Portfolio in Australia would not be a good move for most people, for a few reasons: Brokerage and management fees are generally higher in Australia (smaller market), so dividing your investment across ten different securities, and rebalancing, is going to be somewhat more expensive. If you have a \"\"middle-class-sized\"\" portfolio of somewhere in the tens of thousands to low millions of dollars, you're cutting it into fairly small slices to manually allocate 5% to various sectors.  To keep brokerage costs low you probably want to buy each ETF only once every one-two years or so.  You also need to keep track of the tax consequences of each of them. If you are earning and spending Australian dollars, and looking at the portfolio in Australian dollars, a lot of those assets are going to move together as the Australian dollar moves, regardless of changes in the underlying assets.  So there is effectively less diversification than you would have in the US. The post doesn't mention the GFP's approach to tax.  I expect they do consider it, but it's not going to be directly applicable to Australia. If you are more interested in implementing the general approach of GFP rather than the specific details, what I would recommend is: The Vanguard and superannuation diversified funds have a very similar internal split to the GFP with a mix of local, first-world and emerging market shares, bonds, and property trusts.  This is pretty much fire-and-forget: contribute every month and they will take care of rebalancing, spreading across asset classes, and tax calculations.  By my calculations the cost is very similar, the diversification is very similar, and it's much easier. The only thing they don't generally cover is a precious metals allocation, and if you want that, just put 5% of your money into the ASX:GOLD ETF, or something similar.\""}
{"_id": "555261", "title": "", "text": "Indeed.  You don't need to know much to know that there is nothing, and I do mean nothing, which will prevent the collapse and abandonment of FB by the majority of its users *as soon as TNBT comes along*.  The same cannot be said of Google. Of which I *do* hold shares."}
{"_id": "555264", "title": "", "text": "intelligent economists ARE worried about japan because they've nearly exhausted their savings, and will not be able to attract interest from foreigners in buying their bonds when they need to. then they'll have to either impose austerity or just keep printing money; either course will result in a depression."}
{"_id": "555273", "title": "", "text": "Don't know how it is in the US, but here in Montreal, something like 95% of customers pay by cards where the tip amount is extremely traceable. So you end up declaring everything you make.   Waiters want to keep working for tips because that's how they make good money. And it's a direct correlation of effort and reward. You make your money on volume, more than individual tip amounts (you're better off taking 2 tables and receiving a regular tip, than taking a single one, providing amazing service and get a great tip).   So when it's quiet, you don't make much, but you didn't work too hard.   If you're getting destroyed from 5pm to 1am, short-staffed ; you work like a fucking slave, but you know you're making bank.   Tips is nothing else than a sales commission that is disclosed to the customer and which they can choose to adjust based on their experience."}
{"_id": "555276", "title": "", "text": "I would ask your HR or benefits department to be certain, but here's how I read that without any specific knowledge of the situation: What is right to receive the RSU consideration? Company A was bought by Company B.  You had unvested Restricted Stock Units in A, which is now gone.  B is saying that you now have the right to receive consideration equivalent to the value of those RSUs in A. Since B is private, there's no publicly traded stock, so it will likely be in cash, but read the rest of the paperwork or talk to HR to be certain.   For example, if you had 100 RSUs vesting next year and the price of stock in A was $50 when the company was bought, those RSUs would be worth $5,000.  B is give you the right to consideration for those RSUs, hopefully for somewhere around $5,000.  That consideration is unvested, meaning you must stay employed until the vesting period in order to claim that right. If you are fired without cause (i.e. laid off), you will receive those unvested claims as compensation.   I assume the same will be applicable if employee leaves the company  Probably not.  In any situation, if you voluntarily leave a company, any unvested stock, RSUs, options, etc. are forfeited."}
{"_id": "555280", "title": "", "text": "\"It's not a bad strategy. I'd rather owe money at 4% interest than at 6-7%. However, there is something to consider.  Consolidating debt into a new loan can backfire. When you have money borrowed at 7%, you want to get that paid off as quickly as possible. Once you have that converted to 4%, if you think, \"\"Now I can take my time paying off this debt,\"\" then you aren't really better off. In fact, if you take too long paying off the new loan, you might end up paying more interest than if you had kept the high interest loan and paid it as soon as possible. Don't lose your drive to get out of debt after you refinance.  As far as how the student loans affect your debt-to-income ratio, I'm not sure; however, if they do count (I think they do), your ratio will not really be going up by taking out the new loan, since you are using the money to pay other debt. Make sure the new lender knows this, so they take that into consideration when making their decision.  Overall, I like your strategy: pay off what you can right away (the car loan and the highest interest student loans) and reduce the interest on the rest. Just make sure that you continue to pay down that debt as quick as you can.\""}
{"_id": "555314", "title": "", "text": "\"I don't really get why this is in r/business either, except that it seems it  did not accumulate sufficient karma in more fitting subreddits the OP also submitted it to.   That being said, if you search GoogleNews with \"\"china organ harvesting\"\", you'll get dozens of recent results on Chinese organ harvesting articles/investigations. While this author appears to have done an in depth investigation on his own in this particular case, there is no shortage of similar stories. Set the search time frame back a year or two, and you'll find loads of articles [about other groups in China being robbed of their organs, and/or killed, or \"\"lost\"\"](http://en.wikipedia.org/wiki/Kilgour-Matas_report) by state-sanctioned entities. Unethical organ harvesting in China is by no means a new story, nor is it a big secret that life is fairly cheap in China. Outside of the more obvious examples, there were also a lot of [investigations into things like the circumstances under which bodies from China were acquired that were later used in educational anatomical exhibits that traveled North America for several years](http://en.wikipedia.org/wiki/Bodies:_The_Exhibition#Uncertainty_about_provenance_of_the_bodies). There are also, of course, [many, many other cases of the Chinese government abusing human rights](http://en.wikipedia.org/wiki/Human_rights_in_the_People%27s_Republic_of_China), but that's not new news either, nor is it business-related.\""}
{"_id": "555342", "title": "", "text": "It's mostly VAT (value added tax or sales tax). For example an US IPad is $499 without tax, and a German IPad is EUR 499 including 17% VAT. The base price is actually only EUR 417.  In addition to that, cost of business is a little higher in Europe because of tax structures and because smaller countries cause higher overheads."}
{"_id": "555344", "title": "", "text": "There are several problems with trying to get this data:"}
{"_id": "555351", "title": "", "text": "Good! The article says it was some kind of collateral protection insurance that customers were signed up for despite it being unrequired for the loan. The accusations is that WF racketeered about 800,000 loans by bundling in this bunk insurance cost as part of the loan structure. I'm glad you're not caught up in it."}
{"_id": "555352", "title": "", "text": "\"&gt; Ultimately though learning how to stand up for your self  What you said is very contradictory.  If you learn new ways to behave, and you accept what you are taught, then you do not stand up for yourself.  If you learn new ways to behave, and you don't accept them, then you stand up for yourself.  If you learn new ways to behave, different than what you accepted in the past, then you may stand up for yourself.  Standing up for yourself is done mostly in a non \"\"respectful way\"\". Actually, if you find yourself to have to stand up for yourself, it's done always in a non respectful way, whether mildly or not mildly at all.  The bottom line: schools need to teach knowledge and professional behavior and not go to the business of social and political  engineering as it's always done in a non respectful way by professors who stand up, not for themselves, but for their political and social agenda.\""}
{"_id": "555364", "title": "", "text": "Isn't there some way to bar Rupert Murdoch from owning any more US media outlets? This guy is a catastrophe for dissemination of the kind of accurate information necessary to a well functioning democracy. And he's only 81, he could be around, wreaking havoc for another decade or more."}
{"_id": "555366", "title": "", "text": "It'd be a stimulus so yes.  It would create demand for labor, research, materials and what not that will result in more jobs/productivity.  Even if climate change isn't real, harnessing alternative sources of energy has alot of benefits.  It diversifies the energy sector so that we're not reliant on just one source.   See how countries like Saudi Arabia and Venezuela put all their eggs in one basket by just focusing on oil as their main driver.   When oil crashes, so do oil based economies.  Renewable energy like wind, solar and even nuclear can be clean which means less pollution to clean up and easing the burden of healthcare and improving quality of life.  When places are clean, you'll see more uptick in tourism, healthier people going out more, which ultimately leads to more economic activity.  If a war can be considered an economic stimulus, building renewable energy resources and the accomodating infrastructure should be too."}
{"_id": "555371", "title": "", "text": "Have you tried social networking? (apart from asking questions) but actually connecting with individuals/firms? Try LinkedIn, there are groups that are very focus-orientated. You might be able to have an influence there. Prove to them that your advisory has more to offer than your competition - this might be putting out free information for everyone to see what you have to offer. Perhaps even free consultations to gain credibility?"}
{"_id": "555377", "title": "", "text": "An experienced individual wouldn't ask such questions.  I don't say this to take a jab at you, but to provide context.  The matter is much more complicated than a simple answer to your question could accomplish. The short answer is no, not necessarily; but it depends on the details. Generally, if the employer matches, it's suggested that you take advantage of the match.  It's free money.  That said, it comes with some strings attached, like a vesting schedule.  It's not yours right away, necessarily.  Choices are limited in a 401k, but we should still come out ahead with that free money. The investment choices available in a 401k are also a part of the details.  If they meet your needs you should certainly consider the 401k even if the employer doesn't match. There is also the matter of one's particular tax situation, which is certainly an involved matter.  A 401k can certainly be a part of judicious tax planning.  It's a matter of working out the details. Continuing this theme of details and coming back to the employer match: if the employer doesn't mach, I would make sure that I'm maxing out an IRA before considering the 401k.  If the employer matched, I would probably contribute to take advantage of that match.  However, it quickly becomes complicated here.  I'm accustomed to employer matching up to some percentage of pay, which typically works out to be less then the anual contribution limits for a 401k.  So, I my plan for such a situation is to contribute up to the employer match in the 401k, then max out an IRA, and then return to the 401k to finish contributing up to its yearly maximum. There is plenty for you to consider in order to come up with a plan of action.  While it's certainly complicated, it's accessible to most people.  You don't have to be a genius.  In fact, eggheads are regularly trounced by the markets."}
{"_id": "555404", "title": "", "text": "401(k) withdrawals - early or otherwise - are not subject to FICA or Medicare taxes.  That's because they already were taxed when they were contributed.  (And of course, the earnings from the 401(k) contributions are not earned income and thus are not subject to payroll taxes for that reason.) While 401(k) contributions are exempt from federal (and generally state) income taxes, they aren't exempt from payroll taxes - and as such, you'll see two separate amounts on your W2 and paystub if you contributed: the amount that is subject to those taxes, and the amount that is subject to income tax. So, no, you don't have to pay payroll (FICA, Social Security) taxes on your early withdrawal.  As for the penalty, that is basically an extra tax - so if you withdraw $1000, you pay income tax at your marginal rate plus 10% penalty; if your marginal rate is 25% [and you're not moving across a rate step boundary], you will pay 25%*(1000) + 10%*(1000)."}
{"_id": "555406", "title": "", "text": "\"There's no such thing as \"\"leniency\"\" when enforcing the law. Not knowing the law, as you have probably heard, is not a valid legal defence. Tax law is a law like any other. That said, some penalties and fines can be abated if the error was done in good faith and due to a reasonable cause. First time penalties can be abated in many cases assuming you're compliant otherwise (for example - first time late filing penalty can be abated if you're compliant in the last 5 years. Not many people know about that.). Examples for a reasonable cause (from the IRS IRM 20.1.1): Reliance on the advice of a tax advisor generally relates to the   reasonable cause exception in IRC 6664(c) for the accuracy-related   penalty under IRC 6662. See IRM 20.1.5, Return Related Penalties, and If the taxpayer does not meet the criteria for penalty relief under   IRC 6404(f), the taxpayer may qualify for other penalty relief. For   instance, taxpayers who fail to meet all of the IRC 6404(f) criteria   may still qualify for relief under reasonable cause if the IRS   determines that the taxpayer exercised ordinary business care and   prudence in relying on the IRS\u2019s written advice. IRM 20.1.1.3.2.2.5 -   Erroneous Advice or Reliance.   Treas. Reg. 1.6664\u20134(c). There are more. IRM is the \"\"Internal Revenue Manual\"\" - the book of policies for the IRS agents.  Of course, you should seek a professional advice when you're non-compliant and want to ask for abatement and become compliant again. Talk to a CPA/EA licensed in your state.\""}
{"_id": "555414", "title": "", "text": "You didn't identify the fund but here is the most obvious way: Some of the stocks they owned could had dividends. Therefore they would have had to pass them on to the investors. If the fund sold shares of stocks, they could have capital gains. They would have sold stocks to pay investors who sold shares. They also could have sold shares of stock to lock in gains, or to get out of positions they no longer wanted.  Therefore a fund could have dividends, and capital gains, but not have an increase in value for the year. Some investors look at how tax efficient a fund is, before investing."}
{"_id": "555427", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.ndtv.com/india-news/facebook-instagram-posts-will-soon-help-sniff-out-tax-evaders-in-india-1730202) reduced by 88%. (I'm a bot) ***** &gt; Built over seven years at a cost of about 10 billion rupees, &amp;#039;Project Insight&amp;#039; will complement the world&amp;#039;s largest biometric identity database and GST, the country&amp;#039;s most ambitious tax overhaul as policy makers try to get more people to pay up.  &gt; &amp;quot;Data analytics is the way forward for tax administrations across the world,&amp;quot; said Amit Maheshwari, managing partner at accountancy firm Ashok Maheshwary and Associates near New Delhi.  &gt; &amp;quot;Safeguards are must,&amp;quot; said Rahul Garg, head of direct tax at PwC India.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q4zch/india_to_launch_project_insight_an_algorithm_that/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177893 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **tax**^#1 **Data**^#2 **Project**^#3 **government**^#4 **revenue**^#5\""}
{"_id": "555430", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.bbc.com/news/business-41320568) reduced by 78%. (I'm a bot) ***** &gt; China is moving forward with plans to shut down Bitcoin exchanges in the country, starting with trading platforms in key cities.  &gt; All Bitcoin exchanges in Beijing and Shanghai have been ordered to submit plans for winding down their operations by 20 September.  &gt; According to a document leaked online by users on the social network Weibo that was seen by Coindesk, Chinese regulators ordered all cryptocurrency exchanges in Beijing to stop registering new user registration by midnight local time on 15 September, and to notify users publicly when they formally close.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71bicx/china_shutting_down_bitcoin_exchanges/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~213605 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **exchange**^#1 **Bitcoin**^#2 **Chinese**^#3 **China**^#4 **currency**^#5\""}
{"_id": "555435", "title": "", "text": "Liam &amp; Co. is today strong in its resolve to provide durable, versatile and above all, high-quality fashion for not only moms, but women all across the United States. We want to provide women with clothing that could simultaneously be versatile enough to play chef and professional enough to go in public and feel good about themselves."}
{"_id": "555438", "title": "", "text": "In today's dollars, cost including room and board can total $20K - $60K/yr depending on the school. With college 15 years away, these numbers can double by then. And the annual savings required, adjusted accordingly. If we look at the low end, we're still at $40k/yr or $160k total, and it would be prudent to start saving $10k/yr if possible. It's easy enough to drop the number if 5 years in, you see college costs dropping or rising less quickly."}
{"_id": "555476", "title": "", "text": "They return capital to investors every year to keep the fund size smaller, since there are a set number of money-making opportunities in the space.  In other words, if they will make $1 billion per year regardless of invested capital, why not lever up a few times so you don't have to put as much in?"}
{"_id": "555486", "title": "", "text": "\"1.Why is there no \"\"United States Treasury\"\" endorsement? Why should there be, and what do you think it would look like? Some person at Treasury sitting at a desk all day signing \"\"Uncle Sam\"\"? At most you would expect to see some stamp, because it's clear that no person is going to sign all of these checks. 2.Can I have the check returned for proper endorsement? No, this is none of your business unless you have some serious reason to believe that someone other than the treasury cashed your check. (If that were really your concern, then you'd have a bigger issue than the endorsement.) 3.If I am required to endorse checks made out to me, why isn't the US Treasury? As others have noted, an endorsement is often not required as long as the name on the check matches a name on the account to which it is deposited.  Individual banks may have stricter rules, but that's between you and your bank.\""}
{"_id": "555494", "title": "", "text": "\"To answer #3 specifically, there are a number of exemptions from The Individual Shared Responsibility Payment (the \"\"fine\"\" or \"\"penalty\"\" for being uninsured). One of those is: You lived in a state that didn\u2019t expand its Medicaid program but you   would have qualified if it had. That exemption (others may well apply based on income to many people in this category) applies for the entire year if: You live in a state that hasn\u2019t expanded its Medicaid program under the Affordable Care Act [and] Your income and household size would have qualified you or your family for Medicaid if the state had expanded coverage As such, people who are stuck in the Medicaid gap in those states will not be fined. People in this category also have a special option to enroll in a non-Medicaid plan if their estimated annual income increases later in the year, even outside the normal enrollment period.\""}
{"_id": "555495", "title": "", "text": "Transfer of Money from you to Your Mother is Tax Free. i.e. This will not be considered as income for your mother as there is NO work done. This would be considered as Gift and would fall under Gift Tax. As per Gift Tax you can give unlimited amounts to close relative. Mother is considered as close relative. The tax rule is same whichever option you follow. You would need to maintain proper paperwork, should there be any query from Income Tax department. Any interest / income your mother generates on this will be her taxable income. You have also mentioned that you are repaying some loan for your relative, again the paper work should be very clear when your mother is transfering the money to your relative. The interest you pay back maybe taxable to your relative depending on paperwork. Edit: Elobrate OP's edit to question From your point of view, once you have given the funds to your Mother and call it gift; it ends. What your mother does with the money invests, spends, etc is not your liability. However if your mother is tranferring money to person's who are not defined as relatives under Gift Law or the interest your relatives get are all taxable events to them."}
{"_id": "555506", "title": "", "text": "I can't provide a list, but when I took out my Stocks and Shares, I extensively researched for a good, cheap, flexible option and I went with FoolShareDealing.  I've found them to be good, and their online trading system works well.  I hope that's still the case."}
{"_id": "555519", "title": "", "text": "They tried, but as government workers their laziness took over.  I went to the post office to get my passport shit sorted. I waited 10 minutes for someone to waddle out from back. I didn't even wait for them to show up, I left because the sign told me I didn't have the right stuff anyway."}
{"_id": "555521", "title": "", "text": "Fake stock market trading may teach you about trading, which isn't necessarily the same thing as investing. I think you need to understand how things work and how to read financial news and statistics before you start trading. Otherwise, you're just going to get frustrated when you mysteriously win and lose funny money. I'd suggest a few things: Also, don't get into individual stocks until you have at least $5k to invest -- focus on saving and use ETFs or mutual funds. You should always invest in around a half dozen diversified stocks at a time, and doing that with less than $1,000 a stock will make it impossible to trade and make money -- If a $100 stock position goes up 20%, you haven't cleared enough to pay your brokerage fees."}
{"_id": "555559", "title": "", "text": "Yes there is an inverse relationship but that's how it's meant to work.  Debt creates money. Banks do lend out customers savings for return interest as the bank can make a profit rather than the cash just sitting there. The process of Lending pumps money into the economy that wouldn't be there otherwise so it creates money. The banks will either have a cash deficit or surplus at end of each day and either need to borrow from other banks to balance their books or if in surplus lend to other banks to make interest because that's more profitable than holding the cash surplus. The overnight cash rate then determines interest rates we pay.    High private debt occurs when lots of people are investing &amp; buying things so there is stimulation and growth in the economy. A lot more tax is being paid in these periods so government debt is lower because they are getting lots of tax money. Also To stimulate the economy into this growth period the government usually sells off large cash bonds (lowering their debt) to release cash into the economy, the more cash available the less banks have to borrow to cover deficits on overnight cash market and the lower interest rates will be. Lower interest rates = more borrowing and higher Private debt.   The government can't let growth get out of control as they don't want high inflation so they do the opposite to slow down growth, I.e buy up cash bonds and take money out of economy causing higher interest rates and less borrowing = More debt for government less for private."}
{"_id": "555581", "title": "", "text": "\"Yes, it is possible for you to refinance your existing auto loan, and so long as you can get the loan on more favorable terms (e.g.: lower interest rate), it is absolutely a smart thing to do. In fact, you would be well advised to do so as soon as possible if the car was a new car, if you refinance a NEW car soon enough you will likely still be able to get new car interest rates. Even if it is a pre-owned vehicle you shouldn't wait too long, since your car will only depreciate in value.  You will almost certainly get more favorable terms from any bank or credit union directly then you would when you go through the dealership, because the dealership is allowed to mark-up your interest rate several percentage points as profit for themselves. Your best bet would be to go to a local credit union, their rates tend to be most competitive since they are \"\"owned\"\" by their members.\""}
{"_id": "555595", "title": "", "text": "\"&gt; reasonable conversation where everybody treats everybody with respect is out of the question  You can't have a reasonable conversation with N.Korea.  Bill Clinton tried it... and we ended up with nuclear weapons from his \"\"Nuclear agreemen\"\" with N.Korea.  P/S: Reasonable conversation did not work with Nazi Germany. Even giving them Czechoslovakia did not appease them. Ask Chemberline from the UK.\""}
{"_id": "555603", "title": "", "text": "The first two times I took my practice exams munis and options were around 60% (but overall I was still at 73%). I focused on just those and this last time they were both at 80%, but everything else dropped (still wound up at 73%).  I take it at 8am, so I think I'm just going to try and skim the vocab then see how it turns out tomorrow."}
{"_id": "555608", "title": "", "text": "Overpriced shares: Cheaper to raise new capital through secondary share offerings or debt using shares as a security. Fends off hostile take overs, since the company is too dear. When a company is taken over it needs only one set of management. Top management of the company that is taken over loses their jobs - no one wants to lose their job. Shareholders love to see share price grow - sale brings them profit, secures jobs for company management. Shares are used as a currency during acquisitions, if company shares are overpriced that means they can buy another company on the cheap - paying with the overpriced shares. Undervalued shares: More expensive to raise additional capital through secondary share offerings - for the same amount of capital the management has to offer a bigger chunk of the company; have to offer bigger chunk of a company as a security as well. Makes company vulnerable to hostile take overs, company is undervalues - makes it an attractive bargain. Once the company is taken over top management will almost certainly lose jobs. Falling price makes shareholders unhappy - they will vote management out. Makes difficult to acquire other companies."}
{"_id": "555613", "title": "", "text": "&gt;On May 16, 2017, a process began to roll back Open Internet rules, in place since 2015.  How is undoing a two year old law going to change the internet as we know it? It was always like that up until 2015.  https://en.wikipedia.org/wiki/Net_neutrality"}
{"_id": "555616", "title": "", "text": "\"Yeah, but really - Amazon and a brick and mortar like Walmart do about 3/4's of the same amount of \"\"shipping\"\" between manufacturer and eventual consumer.  The consumer does the last part in Walmart's shipping model, in going to a physical store, whereas Amazon just takes that upon themselves in delivering the goods from a warehouse that's probably not more than few hundred miles from the nearest walmart.\""}
{"_id": "555621", "title": "", "text": "I can't say if there is anything specific that makes lending illegal, but if your company goes bankrupt, you might end up in trouble.  First, it's a loan. It must be repaid. It must be in the books as a loan, and if your company couldn't pay its bills, you would have to ask for the money back. If the company goes bankrupt, your creditors will ask for the loan to be repaid.  Now if things are worse, your company goes bankrupt, and the person cannot pay back the money, then you could get into real trouble. Creditors won't like that situation at all. They will claim that you moved that money aside to protect it from creditors. They might be able to force you personally to pay, or even start criminal charges against you if you can't pay either.  In the UK (and probably elsewhere) it's criminal for the company to pay dividends if that means it cannot fulfil its financial obligations. If there is no money left because of that loan, then you can't get dividend payments from your company.  So as long as your company's finances are fine, and that person's finances are fine, you will be Ok (except I don't know if you would need a license), but if there are financial problems then being an LLC might not protect you."}
{"_id": "555630", "title": "", "text": "\"There is no risk-free way to turn $500 into \"\"much more\"\" in less than 2 years. If there were, everyone would be doing it all the time.  Your best bet is to work for additional pay. In the meantime, you can invest the money in tools for your work, in education, or in savings that pay a bit of interest -- but you won't earn much interest in such a short time.  You could potentially earn much more, or nothing, or lose a lot, by investing it in the stock market instead.\""}
{"_id": "555639", "title": "", "text": "This image is an advertisement from this week's Barron's. The broker would want to put himself in the best light, correct?  This shows you that of their current accounts, 53.5% are not profitable. And these guys have the best track record of the list. Also keep in mind that their client base isn't random. The winners tend to stay, so even if it were 50/50, the 50% of losers might represent many times that number of people who came to the table, lost their money and left."}
{"_id": "555641", "title": "", "text": "\"Summarized article: Pop star Justin Bieber, 18, is currently featured on the cover of the latest Forbes Celebrity 100 list as one one the highest paid entertainers, as well as a venture capitalist.   Bieber earned over $108 million over the past 2 years through album sales, tours, fragrance sales and his film \"\"Never Say Never\"\".   The singer is also one of a recent wave of tech-savvy celebrities that use their own money to back private technology startups.   Bieber's manager Scott Braun encouraged the singer to invest in startups back in 2009. According to Braun, Bieber's venture capital investments are now between 2% and 5% of his net worth or about $80 million.  Bieber currently holds stakes in a dozen companies including Tinychat, Stamped, Sojo Studios and Spotify.  *For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit*\""}
{"_id": "555642", "title": "", "text": "Amazon already competes with wal mart for almost everything else, and they have been slowly killing it off. This isnt going to be the last nail in the coffin, but its going to continue sucking market share from wal mart."}
{"_id": "555650", "title": "", "text": "The ATM is connected to a basic PC in a cheap tower that sits inside with a CD drive and flash drive slots available to have anything installed to compromise it that runs on plug n play. It's pretty scary but at least the cash is protected in a tamper proof container in the atm, right?"}
{"_id": "555659", "title": "", "text": "You cannot really help someone who doesn't want to help themselves.   Show me an addict who is suffering and asking for help; trying to hard to stop, and I'll help.   But to the addict that is sitting on the bench drooling  with needle mark on the arm, they are a lost cause until they decide they are ready for help.   You do you, if you want to take your hard earned money and help those that I deem 'unworthy' by all means do it. If it makes you feel good who am I too stop you. However, don't turn your optional charity into forced taxation."}
{"_id": "555661", "title": "", "text": "Could it conceivably be that these executives had standing orders to systematically sell a certain amount of shares each month or quarter? Could we also extrapolate that this was part of their normal compensation package? Optics are still very bad, but the amount of shares sold and the monetary gain were so small as to be negligible in the grand scheme of things. Worth a thought."}
{"_id": "555683", "title": "", "text": "I have a father who is worth a few million I could eventually borrow from for my own trading but IB from the way my friend described it seemed like an easy way to make 500 k with brainless excel sheets etc.   After hearing yours and multiple peoples opinions I agree with you."}
{"_id": "555690", "title": "", "text": "Keep up with market news. Macroeconomics, policies, interest rates, major movements, etc. If there's anything you don't know you'll learn on the job, they wouldn't hire you if they expected you to know stuff you didn't. Not sure what you're worried about. If you're an analyst you'll have several months of training anyway."}
{"_id": "555694", "title": "", "text": "Yeah, the owner and inventor Ted does final editing of all of the pages and he puts it out pretty much the way he speaks. It's not sketchy in any way. He's been working on it for about 8 years, has FDA approval in the works for each product and is filing 14 new patents within the next year. As for the title, I was just highlighting one of the products that I personally think will do well. The website will be getting a redesign once it's in full production. For the moment he has just the nuts and bolts until he has financial backing to make sure he can produce for the expected demand."}
{"_id": "555732", "title": "", "text": "\"My number one piece of advice is to see a tax professional who can guide you through the process, especially if you're new to the process. Second, keep detailed records. That being said, I found two articles, [1] and [2] that give some relevant details that you might find helpful. The articles state that: Many artists end up with a combination of income types: income from   regular wages and income from self-employment. Income from wages   involves a regular paycheck with all appropriate taxes, social   security, and Medicare withheld. Income from self-employment may be in   the form of cash, check, or goods, with no withholding of any   kind. They provide a breakdown for expenses and deductions based on the type of income you receive.  If you get a regular paycheck: If you've got a gig lasting more than   a few weeks, chances are you will get paid regular wages with all   taxes withheld. At the end of the year, your employer will issue you a   form W-2. If this regular paycheck is for entertainment-related work   (and not just for waiting tables to keep the rent paid), you will   deduct related expenses on a Schedule A, under \"\"Unreimbursed Employee   business expenses,\"\" or on Form 2106, which will give you a total to   carry to the schedule A. The type of expenses that go here are: If you are considered an independent contractor (I presume this includes the value of goods, based on the first quoted paragraph above): Independent contractors get paid by cash or check with no withholding   of any kind. This means that you are responsible for all of the Social   Security and Medicare normally paid or withheld by your employer; this   is called Self-Employment Tax. In order to take your deductions, you   will need to complete a Schedule C, which breaks down expenses into   even more detail. In addition to the items listed above, you will   probably have items in the following categories: Ideally, you should receive a 1099 MISC from whatever employer(s) paid you as an independent contractor. Keep in mind that some states have a non-resident entertainers' tax, which is  A state tax levied against performers whose legal residence is outside   of the state where the performance is given. The tax requires that a   certain percentage of any gross earnings from the performance be   withheld for the state. Seriously, keep all of your receipts, pay stubs, W2's, 1099 forms, contracts written on the backs of napkins, etc. and go see a tax professional.\""}
{"_id": "555734", "title": "", "text": "This is basically the same as any other loan out there that defers payments.  The bank doesn't care because your balance with them keeps going up along with their future profits when you pay that balance back.  The only point where this becomes a problem for them is when you get to a point where your monthly income no longer supports the minimum payment required. (BTW, this is basically a study of what the US Treasury is doing with the national debt and the annual budget deficit, but I will go over to politics.stackexchange.com before commenting on the wisdom of this.)"}
{"_id": "555743", "title": "", "text": "Its a good question but the answer is not at all obvious if one considers and understands the media.  The fact that the electronic media of which the 'internet' makes up less than than a single percentage has thus far allowed morons like the RIAA play with it is nothing more than a tolerance.    Governmental overview as a side note is amusing in that it illustrates the degree of ignorance displayed by our policy makers.  They dont seem to understand that communication is a philosophy and the port 80 web sphere is one path upon thousands.   They can't control what even they think they understand... and they understand nothing.  We control the routers. We control the tables. We control the traffic. We control all the black magic that these morons don't understand and that's all of it.  We can't be stopped."}
{"_id": "555746", "title": "", "text": "Of course nobody would have believed me, that was the height of the bubble. Everybody was leveraged to hell thinking that housing prices would continue to rise, especially the people who bought houses they couldn't afford. Then when the bubble popped, there is this massive credit crunch and all of a sudden spending and investment dry up. Now there is near 0 interest rates and that still isn't enough to stimulate the economy, so inflation is very low and people are sitting on liquid assets because there is no sense in investing."}
{"_id": "555748", "title": "", "text": "There are a lot of issues:  1.  Healthcare is dominated by monopolies and oligopolies.  Giving decision making power to individual consumers isn't going to change that.  Breaking them up is necessary.  2.  Most pharmaceutical research is carried out with tax dollars.  Then it is handed over to individual corporations to charge whatever they want.  My wife was on a cancer drug.  It was developed by a professor at a University with a government grant.  The government paid for the testing, and when it was found to be effective, further testing was waved.  Unfortunately, a pharmaceutical company had already patented the compound, without having any idea what it could do, so they got it.  With no cost other than running a program that spit out compounds.  They then charged $14,000 per month for the drug.  3.  The consumer is at a serious disadvantage when it comes to knowledge in bargaining.  Indeed in many cases the patient is unconscious when the decisions are being made."}
{"_id": "555765", "title": "", "text": "Turning your fitness passion and experience into a business can open up a number of opportunities. Starting your own gym may seem to be overwhelming, so here is an upportunity about personal training franchise. A partnership like personal training franchise enables even low investments to open home based fitness business, be an entrepreneur and still enjoy the continuous support of a big brand. Like just you fitness franchise helps in designing, building the location, doing some heavy duty marketing and assisting in every step of the way: http://hfbatman.informe.com/profile2769.html"}
{"_id": "555767", "title": "", "text": "It's all about the land value. The structure is only ever worth as much as it would cost to build a new one (minus demolition costs)"}
{"_id": "555780", "title": "", "text": "Ive said my plea, and my experience in the domain makes me very comfortable trashing that article; if you want to trust him no questions asks, by all means, just makes you as arrogantly ignorant as he is portrayed by this article. Really sounds like this article was written based on the markets of 2010.   I am not crying, just pointing out how your arrogance and your insults are not backed by much, and its not the first time I've seen an academic thinking he understands the markets so well, while not understanding shit about it."}
{"_id": "555794", "title": "", "text": "\"Two things to consider: When it comes to advice, don't be \"\"Penny wise and Pound foolish\"\". It is an ongoing debate whether active management vs passive indexes are a better choice, and I am sure others can give good arguments for both sides. I look at it as you are paying for advice. If your adviser will teach you about investing and serve your interests, having his advise will probably prevent you from making some dumb mistakes. A few mistakes (such as jumping in/out of markets based on fear/speculation) can eliminate any savings in fees. However, if you feel confident that you have the resources and can make good decisions, why pay for advise you don't need? EDIT In this case, my opinion is that you don't need a complex plan at this time. The money you would spend on financial advise would not be the best use of the funds.  That said, to your main question, I would delay making any long-term decisions with these funds until you know you are done with your education and on an established career path. This period of your life can be very volatile, and you may find yourself halfway through college and wanting to change majors or start a different path. Give yourself the option to do that by deferring long-term investment decisions until you have more stability. For that reason, I would avoid focusing on retirement savings. As others point out, you are limited in how much you can contribute per year. If you want to start, ROTH is your best bet, but if you put it in don't pull it out. That is a bad habit to get into. Personal finance is as much about developing habits as it is doing math... A low-turnover index fund may be appropriate, but you don't want to end up where you want to buy a house or start a business and your investment has just lost 10%...  I would keep at least half in a liquid, safe account until after graduation. Any debt you incur because you tied up this money will eliminate any investment gains (if any). Good Luck! EDITED to clarify retirement savings\""}
{"_id": "555803", "title": "", "text": "It should have been buried with a stake through the coffin. However, it is very much still a standard for us. The point being that if you have access to Excel, you normally can find your way to VBA. We don't have the ability to drop into something sensible like Python or Java without a full Dev environment which they don't like in production."}
{"_id": "555808", "title": "", "text": "neat thanks for the answer, so you are saying that we will adapt and get now jobs that are not yet in existence, you mention the service related jobs but lets say that even that field becomes obsolete will we get to a point of no jobsand riot?(well this is maybe going too far in the future so its all speculation) And the trend that the richer get richer and the poorer get pooere has to  stop too, so maybe violent stop?"}
{"_id": "555812", "title": "", "text": "Here's my thoughts on the subject:"}
{"_id": "555821", "title": "", "text": "\"All things being equal, a defined benefit pension is far better than an IRA or a 401(k).  Think about it this way - let's say you can have a guaranteed $100 a month*, or the chance at $100 a month.  Which is better?   Now, obviously, your tolerance for risk is the difference - but this is the beauty of a defined benefit plan. Your employer is picking up the risk.  Assuming that the pool of investments is about the same (which unless if their funds are tremendously under performing they are), the question is, who takes the risk - you or them? Especially if you are moving into a new position, having a defined benefit plan is like having a risk-free asset in your portfolio.  It increases your safety.  The only reason to roll this over into a 401(k) or IRA is if your expected value (risk * payout) is better.  A worked example. If half the time you would earn more than $100 and half the time less, then you could imagine the two as being equally good. Only if you really love risk would you take that chance.  In reality, only half the investments out there will \"\"beat\"\" the average, and as such, you actually have less than a 50/50 shot of beating a DB - unless if there are really low returns to it.  More likely, I suspect you are over-estimating your ability to get a higher return.\""}
{"_id": "555834", "title": "", "text": "&gt;  To some extent, this success is easily explained: as Hillary Clinton acknowledged several years ago, America\u2019s \u201cinsatiable demand for illegal drugs\u201d is what drives the clandestine industry.          Not really much else needs to be said.  As long as people want drugs, there will be a supply.  A shame there isn't a more effective program than DARE out there to try to fix that problem."}
{"_id": "555836", "title": "", "text": "Your website is the face of your business and only a good web design can portray your image correctly to the website visitors. If you try to find a designer online, you will find the web full of designer profiles. This list will include huge companies as well as novice design enthusiast. Although sometimes, the difference is obvious, at other times it can be hard to tell."}
{"_id": "555848", "title": "", "text": "I was thinking something similar but that he is trying to fish for 'the best deal' by 'walking away'....or he wants show his base he was very conflicted and not totally roll over on them.  It did seem odd that only every news outlet reported inside sources say he was pulling out and he would announce his decision in a couple days."}
{"_id": "555849", "title": "", "text": "This is why single-payer was the only way.  The net result now is:  * Workers get less hours * Workers make less money * Employer STILL gets to escape without paying healthcare costs * Workers now penalized for not paying same costs giving them even LESS money * Insurance companies still get millions of new customers.  This whole idea was really retarded."}
{"_id": "555851", "title": "", "text": "\"&gt;I fucking hate it when I see another rich kid acting like they came from slums  Where did David Knopf claim he was from the slums? You got a source for that?  &gt;and worked their way up the ladder  How do you know he didn't? Life is a bell curve. Some people climb the ladder much faster than others. Some people may climb because of nepotism. Some people genuinely are better than most other people. You think everyone should rise up at the same pace? Move to Japan.  &gt;delusional twats much like yourself believe that you can earn anything with just some \"\"hard work bruh.\"\"  Not just hard work, but also talent. If everyone works the same amount, those who are more talented will *generally* have more success. Of course, some is subject to chance, some people have a head start, etc., but in general, that's the way that the world has proven to work.  &gt;About every successful silicon valley startup such as Microsoft, Facebook, and Snapchat were founded by kids with very prominent parents.  Yeah, Microsoft. K. So Bill Gates grew up with upper middle class parents. Know what? So did a fucking *huge* amount of people. Know how many are as rich as Bill Gates? Fucking none of them. He had a head start, absolutely, but that doesn't take away his success. He's done more with what he was given than any of his peers, and likely more than anyone regardless of beginning income level could do.   Zuckerberg's dad was a dentist. Upper middle class, but if you're *really* being honest with yourself, you'd realize that there are almost 200k dentists in the US alone, and yet there aren't 200k multi billionaires. Hm.   Sergey Brin, co-founder of Google, was the son of a professor who immigrated from Russia. Steve Jobs was the adopted child of two blue collar workers.  Of course, if we move out of just Silicon Valley, your narrative really, *really* falls apart, since Silicon Valley of course has a little bit of a lean towards the wealthy,  as computers aren't cheap and getting started in that arena requires the use of a computer.   [Take a look at billionaires in general](https://www.bloomberg.com/news/photo-essays/2010-12-06/twenty-billionaires-who-started-with-nothing). Most billionaires [did not inherit their wealth](https://www.forbes.com/forbes-400/self-made/#7d08bb1941cb). And, something like a [third](https://blog.adioma.com/wp-content/uploads/2013/04/from-poor-to-rich-billionare-infographic.jpg) of the richest billionaires came from 'poor' parents, in addition to simply not inheriting their wealth.  &gt;whats the fucking difference between someone who inherits their money and someone who practically has a trust fund?  A trust fund is a sort of an inheritance. I'm not sure why you're bringing this up?  &gt;Again he is not self made. He's just an extension of his parents achievements...  Source? I saw that someone who shares the name Knopf is wealthy (posted in this thread), but are those actually his parents? Do you have proof of that? Or are you just guessing that since he's made it to an executive position and shares the name of someone wealthy, that those are his parents? Further, *if* those are his parents, how does wealth from publishing transferring into a job at a consumer staples company work?  Why is your first assumption when you see someone successful that they had it handed to them? Why do you need to selectively choose a small subset of people (Silicon Valley startups) out of an already limited group (billionaires) to be able to even attempt to make your point?\""}
{"_id": "555854", "title": "", "text": "For cash, SIPC insurance is similar to FDIC insurance. Your losses are not covered, but you're covered in case of fraud. Since your cash is supposed to be in a trust account and not commingled with brokerage's funds, in case of bankruptcy you would still have your cash unless there was fraud."}
{"_id": "555869", "title": "", "text": "&gt;I disagree and see it all the time.  Here's one example: people who grow up in towns where business has died off and don't move because it's all they have ever known.   I'm talking about the economy as a whole. There are more towns where business has died off/is dying off than there are towns with business booning/on the rise. You are highlighting the extent of the problem, not a potential solution to it.  &gt;Sure there are legit reasons to hang around (family obligations, etc..) and not leave, but many just don't take the initiative to go where they can earn.   If the stability of your economy depends on people *having* to leave the majority of towns in order to go to cities where they can make money, your infrastructure will crumble and the society will fall apart.   &gt;People did it all the time before the New Deal but afterwards are more content to draw off the government and stay poor.  [It's time to stop blaming Bob] (https://i.redd.it/4vxalvvyl0dz.jpg)."}
{"_id": "555879", "title": "", "text": "\"I'm not so sure, most of these \"\"savings\"\" from the report is from the construction industry, they're struggling as it is and the fact they are adding jobs is a good sign even if the wages are less than before. We just saw a bubble  burst in real estate, of course any company that is benefiting from a growing bubble is going to be able to pay their employee's a lot more than they could after the bubble burst, assuming the companies are even around still.\""}
{"_id": "555915", "title": "", "text": "You haven't mentioned how much debt your example company has. Rarely does a company not carry any kind of debt (credit facilities, outstanding bonds or debentures, accounts payable, etc.) Might it owe, for instance, $1B in outstanding loans or bonds? Looking at debt too is critically important if you want to conduct the kind of analysis you're talking about.  Consider that the fundamental accounting equation says: or, But in your example you're assuming the assets and equity ought to be equal, discounting the possibility of debt.  Debt changes everything.  You need to look at the value of the net assets of the company (i.e. subtracting the debt), not just the value of its assets alone. Shareholders are residual claimants on the assets of the company, i.e. after all debt claims have been satisfied.  This means the government (taxes owed), the bank (loans to repay), and bondholders are due their payback before determining what is leftover for the shareholders."}
{"_id": "555926", "title": "", "text": "\"This has been me for the past few weeks.  Side by side, the iphone has a superior screen and build quality. Screen is much brighter stock and I don't want to root android to tweak the settings and crash battery life, while build quality doesn't feel cheap. I checked out an HTC that had a brighter screen than the gs3 but its specs were poorer and os was dated. There is no ideal phone for consumers like me, and it feels intentional. What I really dislike about the iphone are the cut google apps, elongated screen with no horizontal-display growth, and very easily scratchable Al back. Bezel-less display would have been great.  Ideal:   4.5\"\" screen, iphone-quality no-bezel display, speed, build, while android-powered.\""}
{"_id": "555947", "title": "", "text": "\"Let's start with income $80K. $6,667/mo. The 28/36 rule suggests you can pay up to $1867 for the mortgage payment, and $2400/mo total debt load. Payment on the full $260K is $1337, well within the numbers. The 401(k) loan for $12,500 will cost about $126/mo (I used 4% for 10 years, the limit for the loan to buy a house) but that will also take the mortgage number down a bit.  The condo fee is low, and the numbers leave my only concern with the down payment. Have you talked to the bank? Most loans charge PMI if more than 80% loan to value (LTV). An important point here - the 28/36 rule allows for 8% (or more ) to be \"\"other than house debt\"\" so in this case a $533 student loan payment wouldn't have impacted the ability to borrow. When looking for a mortgage, you really want to be free of most debt, but not to the point where you have no down payment.  PMI can be expensive when viewed that it's an expense to carry the top 15% or so of the mortgage. Try to avoid it, the idea of a split mortgage, 80% + 15% makes sense, even if the 15% portion is at a higher rate. Let us know what the bank is offering.  I like the idea of the roommate, if $700 is reasonable it makes the numbers even better. Does the roommate have access to a lump sum of money? $700*24 is $16,800. Tell him you'll discount the 2yrs rent to $15000 if he gives you it in advance. This is 10% which is a great return with rates so low. To you it's an extra 5% down. By the way, the ratio of mortgage to income isn't fixed. Of the 28%, let's knock off 4% for tax/insurance, so a $100K earner will have $2167/mo for just the mortgage. At 6%, it will fund $361K, at 5%, $404K, at 4.5%, $427K. So, the range varies but is within your 3-5. Your ratio is below the low end, so again, I'd say the concern should be the payments, but the downpayment being so low.  By the way, taxes - If I recall correctly, Utah's state income tax is 5%, right? So about $4000 for you. Since the standard deduction on Federal taxes is $5800 this year, you probably don't itemize (unless you donate over $2K/yr, in which case, you do). This means that your mortgage interest and property tax are nearly all deductible. The combined interest and property tax will be about $17K, which in effect, will come off the top of your income. You'll start as if you made $63K or so. Can you live on that?\""}
{"_id": "555958", "title": "", "text": "To be fair, I learned about HN on Reddit myself, and I would say it has made me think twice about commenting superfluously. (Not that I don't, I just do it less now)  I was thinking I could just mention it and the people who were truly interested would search for it, it's almost the same title there as here. But then I got downvoted hard so fuck it."}
{"_id": "555963", "title": "", "text": "Buy best phones within affordable prices, now you can buy the Samsung, android smart phones online through at shopallitems,which is one of the best online stores in the Dubai, UAE. We are offering a Samsung J1 mini and new samsung phone J1 prime which available in the AED350. 00 and AED249.00 and along with these things we offer brand warranty and genuine delivery to your place. Apart from this you can also check our sale of Samsung phones which are running and get a new branded phones within reasonable prices."}
{"_id": "555995", "title": "", "text": "\"From the banks point of view the point of a current account like this is to get you as a regular customer. They want to be your \"\"main bank\"\", the bank you interact with the most, the bank you turn to first when you need financial products and services, the bank whose advertising you see every time you log into online banking or walk into a branch. The bank knows that if they just offer the unprofitablly high interest rate or other perks with no strings attatched that people will open the account and dump a bunch of savings in it but won't actually move their financial life over, their old bank will still be their main bank. So they attatch strings like a required minimum deposit, a minimum number of direct debits and similar. These have minimal effect on people actually using the account as their main current account while being a pain for people trying to game the system. Of course as you point out it is still possible to game the system but they don't need to make gaming the system impossible, they just need to make it inconvianiant enough that most people won't bother.\""}
{"_id": "555999", "title": "", "text": "From experience, Mastercard and Visa charge vendors about the same (around 2%-5%) while American Express and Diners Club are astonishingly expensive (6%-10%) and you'll find that few small retailers are very comfortable accepting these. The variation comes from the volume of trade that vendors provide.  A big retailer will negotiate a very low rate while smaller businesses will be hit with higher charges."}
{"_id": "556005", "title": "", "text": "That's true about normalizing but that's not the problem with TV advertising; the problem is compressing.  If you've ever listened to talk radio, sometimes the host gets really quiet and almost whispers... and then he lights up and begins yelling and shouting.  Yet during this time, you don't need to adjust your radio's volume; the sound from the radio studio has been very heavily compressed so that the quiet and loud parts are all the same volume.  If you compress the crap out of your commercial's sound and then normalize it to 95% of the peak of the TV show's sound, which is typically not nearly as compressed, then your commercial is going to be perceived as *vastly* louder than the TV show, even though it never exceeds 95% of the TV show's peak volume.  Thus a law referencing the average volume is thought to be more effective than one that simply requires normalization.  It still seems easy to work around though; just have 29 seconds of silence and 1 second of horrendously loud, house-waking marketing slime.  What they need to do is require that neither the average *nor* the peak dB level of the commercial may exceed the average dB level of the show.  There might be cute little tricks that can get around that too, but at some point the ad agency has to actually talk and sell their product rather than performing mathematical backflips on the audio just to wake everyone up."}
{"_id": "556021", "title": "", "text": "Yes, you can do this.  I do this for my own single-member LLC, but I usually do it online instead of writing a check. Your only legal obligation is to pay quarterly estimated tax payments to the IRS. I'm assuming you are not otherwise doing anything shady. For example, that you have funds in your business account to pay any expenses that will be due soon or that you are trying to somehow pull a fast one on someone else..."}
{"_id": "556022", "title": "", "text": "Interested in getting an MBA in economics or getting an MBA after Economics  undergrad? If you want an MBA in economics I don't believe that exists. If you want an MBA after undergrad usually you will need work experience first to get into the best (worth the cost) programs.   As to the best major to acquire well rounded skills in that area I see I was not clear in my wording. I meant that the best major to acquire well rounded skills in business is literally the major of business itself no matter what you specialize in. Depending on how your school does it the majors may actually be the specializations but any marketing, finance, operations, supply chain, etc. major should have more practical and directly applicable business skills from what they learned in class than an Economics major, BS or BA, will have."}
{"_id": "556029", "title": "", "text": "\"Facebook is an \"\"online social networking service\"\" which I'd categorize as an ad-supported social media platform for a type of company. Facebook makes money from advertisers and applications on the site, so there are a couple of different income streams though in recent years Facebook has done a number of acquisitions that should be noted as the company is much more than just the FB site. In terms of B2C or B2B, I see Facebook as being a B2C where businesses are paying for access to consumers rather than businesses looking for other businesses. Some of the posts on Facebook can be \"\"Sponsored posts\"\" that are where things can be a bit blurry for what is an advertisement. At the same time, various games run through Facebook may also make Facebook some money since some games may use in-game purchases that are worth noting. B2B requires one to have 3 companies in the overall system: One that is the middle, one that is providing a service and one that is consuming a service. While Facebook is selling advertising on this site, I don't see this as that different from TV Networks and other distribution channels that ads are bought for consumers to use. There is something to be said for what audience is one aiming. B2B implies corporate customers which I doubt is what Facebook's customers want. Rather they are personal consumers that aren't companies on their own to my mind. If you want something closer to B2B consider Amazon.com's cloud services where companies may buy resources from Amazon as part of the systems they may use to interface with others. I can remember in a previous job that we used Clay Tablet for doing translation services that took content from my employer's servers to Amazon's cloud that would then be taken by the translation company for more than a few different pieces to the puzzle. While part of Facebook could be seen as B2B, I doubt I'd see them as a large part of it but I could be wrong as B2B/B2C distinctions aren't my specialty. Are they yours? Consider Paypal in contrast where a business may use Paypal for payment processing. Paypal has agreements that enable them to process payments either through individual bank accounts or merchant accounts as well as for the company that wants to use Paypal for their e-commerce site. Thus, there can be businesses on each side which is where I see this being a B2B company that is also B2C as some people may just be consumers. Consider Google as another contrast where companies may pay to use Google for e-mail and the Office-like products like Google Docs and Google Drive that I'm not sure is B2B as this is just a business buying services from Google that doesn't involve another company. While there is B2C, B2B and B2G, not every business has to tie into a specific category here for something else to consider.\""}
{"_id": "556041", "title": "", "text": "Then we are on the same page. However realistically we cannot change some of the stupid tax laws fast enough. The fact is, how I see it, is we must do something two years ago to fix this. This means cuts. I can be as idealistic as I want, but that will not fix anything.  (yes I'm fucking frustrated)"}
{"_id": "556061", "title": "", "text": "i am used to there being misinformation out there, and plenty of it.  but this kind of stuff is now so prevalent, and sounding like a drumbeat for war.  its like being deliberately, misleadingly instructed to hate each other in groups.    is it even legal to publish such misleading and inflammatory information?"}
{"_id": "556072", "title": "", "text": "It depends what rate mortgage you can get for any extra loans...  If you remortgage you are likely to get a rate of 3.5-4%... depending who you go with. With deposit accounts in the UK maying around 1% (yes, you can get more by tying it up for longer but not a huge amount more) clearly you're better off not having a mortgage rather than money in the bank. Does your 8k income allow for tax? If it does, you are getting 6% return on the money tied up in the flat. If you are getting 6% after tax on the invested money, that's way better than you would get on any left over cash paid into an investment. Borrowing money on a mortgage would cost you less than 6%... so you are better off borrowing rather than selling the flat. If you are getting 6% before tax... depending on your tax rate... it probably makes very little difference. You'd need to work out how much an extra 80k mortgage would cost you, how much the 50k on deposit would earn you and how much you make after tax. There is a different route. Set up a mortgage on the rental flat. You can claim the interest payment off the flat's income... reduce your tax bill so the effective mortgage rate on the flat would be less than what you could get with a mortgage on the new house. Use the money from the flat's mortgage to finance the difference in house price. In fact from a tax view, you may be better off having a mortgage free house and maxing out the mortgage on the flat so you can write off as much as possible against your tax bill. All of the above assume ... that the flat is rented all the time. The odd dry spell on the flat could influence the sums a lot. All of the above assume that  your cash flow works whichever route you choose. As no-one on stack exchange has all of the numbers for your specific circumstances it may be worth talking to a tax accountant. They could advise you properly, knowing the numbers, which makes the best sense for you in terms of overall cost, cash flow, risk and so on."}
{"_id": "556079", "title": "", "text": "There are 3 options (option 2 may not be available to you) When you invest 18,000 in a Traditional 401k, you don't pay taxes on the 18k the year you invest, but you pay taxes as you withdraw.  There's a Required Minimum Distribution required after age 70.  If your income is low enough, you won't pay taxes on your withdrawals.  Otherwise, you pay as if it is income.  However, you don't pay payroll tax (Social Security / Medicare) on the withdrawals.  You pay no tax until you withdraw. When you invest 18,000 in a Roth 401k, you pay income tax on the 18,000 in the year it's invested, but you pay nothing after that. When you invest 18,000 in a taxable investment account, you pay income tax on that 18,000 in the year it's invested, you pay tax on dividends (even if they're re-invested), and then you pay capital gains tax when you withdraw. But remember, tax rules and tax rates are only good so long as Congress doesn't change the applicable laws."}
{"_id": "556086", "title": "", "text": "You are obligated to return it, and they will come after you as soon as they figure out the error. You probably need to notify somebody as soon as possible and keep records of your correspondence showing you performed due diligence in returning the funds.  Transferring the money into an account at the same institution is also wise.  You can't look like you are hiding it, but keeping it mixed with your actual funds is also asking for extra trouble or work."}
{"_id": "556109", "title": "", "text": "In the United States investing towards donation is a great idea because you can donate appreciated securities directly rather than donating cash.  Notice how much this can benefit you: So you get to both (a) donate untaxed money and then (b) deduct that unrealized money from your income total on your tax return. With the above in mind, a good strategy for investing towards this type of donation would be to pick securities that are likely to increase in market value but not likely to produce any other sort of income.  So bonds (which produce lots of interest income), or stocks with dividends, or equity mutual funds (which distribute dividends as capital gains) would all be suboptimal for this purpose. Of course, an even better strategy would be to establish a widely diversified investment portfolio without thought to future donations.  Then, once a year (or whenever), evaluate all your investments and find some where the market value has increased.  Then donate some of those shares.  No special advance planning necessary. Note that your tax consequences could be more complicated depending on your exact situation.  Read the section about Capital Gain Property in IRS Pub. 26 for all the details.  There may be special limits on the amount you can deduct.  Also, donations of short term capital gains are treated much less favorably, so make sure you donate only long term capital gain property."}
{"_id": "556116", "title": "", "text": "last time I checked this market the cards themselves were pretty cheap, the decision was really  more about the POS system and how to tie everything into customer loyalty / marketing database etc.    so, first / easiest choice, see if your POS vendor has a recommendation. Make sure you understand any tech requirements for the reader / cards but they are pretty common and simple.   second, more advanced - use this as a step to get into loyalty marketing / reward cards etc... that involves a lot more software and training but pays off."}
{"_id": "556144", "title": "", "text": "Most corporations have a limit on the number of shares that they can issue, which is written into their corporate charter.  They usually sell a number that is fewer than the maximum authorized number so that they have a reserve for secondary offerings, employee incentives, etc. In a scrip dividend, the company is distributing authorized shares that were not previously issued.  This reduces the number of shares that it has to sell in the future to raise capital, so it reduces the assets of the company. In a split, every share (including the authorized shares that haven't been distributed) are divided.  This results in more total shares (which then trade at a price that's roughly proportional to the split), but it does not reduce the assets of the company."}
{"_id": "556163", "title": "", "text": "Markets tend to go up over time, so most things you could buy would make money. A benchmark is meant to represent the market as a whole (or a subset that is relevant to what you are trading), so you can tell if your specific choices helped or hurt your return. As an example, say you pick two financial stocks, Citi and Goldman.  They get you a return of 10% for the year, so you think you made good choices.  But if the financial sector as a whole had a return of 20%, your choices weren't actually that great."}
{"_id": "556174", "title": "", "text": "\"So your evidence for them being legit is them saying they are legit on their website?  Why don't they list the credentials of their \"\"collective of volunteers who assist in research for many sources listed on these pages\"\"?  Scroll down the methodology page, see the part where they say their methodology is not scientific or tested? And that none of their contributors are experts in anything relevant to media/communications research?   Reread my previous comment, some of it got deleted so I re-uploaded it.\""}
{"_id": "556179", "title": "", "text": "Jeebus... I don't normally agree with this guy, but he's talking sense. Regulations used as entry barriers are stopping the formation of small business. Crippling student loan debt is destroying our young workforce before it has a chance to get started. And another housing bubble is scaring first time home buyers out of the market. All so a select few can stay comfortable and add another zero to ridiculously sized balance sheets."}
{"_id": "556182", "title": "", "text": "Other way around chief:  &gt;Alibaba is paying $7.1 billion in cash and stock to buy back half of Yahoo's holdings. Another $550 million is being paid to Yahoo under a revised technology and patent licensing agreement with Alibaba.  Source: https://www.yahoo.com/news/yahoo-closes-7-6-billion-deal-alibaba-group-161614948--finance.html"}
{"_id": "556187", "title": "", "text": "They're also getting a premium for having to breath exhaust fumes all day. It's not a pleasant work environment, and probably has long-term health implications. I'd bet if you checked COHb levels on a random sampling of toll booth workers, a significant number would be over 10%."}
{"_id": "556191", "title": "", "text": "Typically, preferred shares come with one or both different benefits - a disproportionate share of votes, say 10 votes per share vs the normal 1, or a preferred dividend.  The vote preference is great for the owner(s) looking to go public, but not lose control of the company. Say, I am a Walton (of Walmart fame) and when I went public, I sold 80% of the (1000 share total) company. But, in creating the share structure, 20% of shares were assigned 10 votes each. 800 shares now trade with 800 votes, 200 shares have 10 votes each or 2000 votes. So, there are still the 1000 shares but 2800 votes. The 20% of shares now have 2000/2800 or 71% of the total votes. So, my shares are just less than half ownership, but over 78% of votes.  Preferred dividend is as simple as that, buy Stock A for ownership, or (same company) Stock A preferred shares which have ownership and $1/yr dividend.  Edited to show a bit more math. I use a simple example to call out a total 1000 shares. The percentages would be the same for a million or billion shares if 20% were a 10 vote preferred."}
{"_id": "556209", "title": "", "text": "Hmm, but pretty much all the smart money was on the stock not doing so hot in the first place. Leading up to the IPO there seemed to be more evidence just browsing sites like Fortune, Forbes, Reuters and the like against buying FB than there was to buy it.  A lot of people probably just got suckered into the hype."}
{"_id": "556210", "title": "", "text": "What is the third eye this is the eye between our eyes or ajna chakra it has the possibility to see potential, to see what might be everyone has the ability access it. Your third eye chakra is a sense, you can start to develop it more than just being something intuitive. This 3rd eye chakra is quite powerful to see beyond the physical world, there are medications to manually activate them and some advanced meditations testify that they actually feel it sometimes."}
{"_id": "556218", "title": "", "text": "This is one of the biggest, most complex financial, political, and legal dramas of our time. Gretchen Morgenson has done an incredible job covering this story over the years, and I highly recommend seeking out her prior coverage.    Edit: for author's name"}
{"_id": "556219", "title": "", "text": "While I agree with keshlam@ that the gym had no reason (or right) to ask for your SSN, giving false SSN to obtain credit or services (including gym membership) may be considered a crime. While courts disagree on whether you can be charged with identity theft in this scenario, you may very well be charged with fraud, and if State lines are crossed (which in case of store cards is likely the case) - it would be a Federal felony charge. Other than criminal persecution, obviously not paying your debt will affect your credit report. Since you provided false identity information, the negative report may not be matched to you right away, but it may eventually. In the case the lender discovers later that you materially misrepresented information on your mortgage application - they may call on your loan and either demand repayment in full at once or foreclose on you. Also, material misrepresentation of facts on loan application is also a criminal fraud. Again, if State lines are crossed (which in most cases, with mortgages they are), it becomes a Federal wire fraud case. On mortgage application you're required to disclose your debts, and that includes lines of credits (store cards and credit cards are the same thing) and unpaid debts (like your gym membership, if its in collection)."}
{"_id": "556220", "title": "", "text": "\"The answer depends on this: If you had to hire someone to do what you are doing in the S-corp, what would you pay them?  If you are doing semi-unskilled work part-time, then $20k might be reasonable.  If you are a professional working full time, it's too low.  Don't forget that, in addition to \"\"billable\"\" work, you are also doing office tasks, such as invoicing and bookkeeping, that the IRS will also want to see you getting paid for. There was an important court ruling on this subject recently: Watson v. Commissioner.  Watson owned an S-Corp where he was the sole employee.  The S-Corp itself was a 25% owner in a very successful accounting firm that Watson worked through.  All of the revenue that Watson generated at the accounting firm was paid to the S-Corp, which then paid Watson through salary and distributions.  Watson was paying himself $24k a year in salary and taking over $175k a year in distributions.  For comparison, even first-year accountants at the firm were making more than $24k a year in salary.  The IRS determined that this salary amount was too low.  To determine an appropriate amount for Watson's salary, the IRS did a study of the salaries of peers in firms of the same size as the firm Watson was working with, taking into account that owners of firms earn a higher salary than non-owners.  The number that the IRS arrived at was $93k.  Watson was allowed to take the rest ($80k+ each year) as distributions. Again, this number was based on a study of the salaries of peers.  It was far short of the $200k+ that the S-Corp was pulling in from the accounting firm.  Clearly, Watson was paying himself far too low of a salary.  But even at this extreme example, where Watson's S-Corp was directly getting all of its revenue from one accounting firm in which Watson was an owner, the IRS still did not conclude that all of the revenue should have been salary and subject to payroll taxes. You should ask an accountant or attorney for advice.  They can help you determine an appropriate amount for your salary.  Don't be afraid of an audit, but make sure that you can defend your choices if you do get audited. If your choices are based on professional advice, that will help your case.  See these articles for more information:\""}
{"_id": "556233", "title": "", "text": "You can invest in a couple of Sharia-conform ETFs which are available in Germany and issued by Deutsche Bank (and other financial institutions).  For instance, have a look at these ETFs: DB Sharia ETFs In addition, Kuveyt Turk Bank aims to become Germany's first Islamic bank offering Sharia conform investments (Reuters)."}
{"_id": "556235", "title": "", "text": "\"Well depends but \"\"on average\"\" the stock market has historically returned somewhere around 10% per year.  Note, this can vary wildly from year to year see http://en.wikipedia.org/wiki/S%26P_500#Market_statistics So it would be roughly 2.8 years to get your 30% if you happen to get the average market return for those 3 years, but the chances of that happening exactly are slim to none.  You could end up with +50% or -30% over that ~3 year period of time - so the calculation doesn't do you that much good for that short period of time, but if you are talking a span of 30 years then you could plan using that as a very rough ballpark. Good rule of thumb is you shouldn't put any money in the stock market you think you will need anytime in the next 5 years. Formula to figure out total gain would be  Principal x (1+ rate of return) ^ years\""}
{"_id": "556236", "title": "", "text": "\"That's actually a really cool feature, **but**...  TFA doesn't say a single word about loans.  I *believe* you, it's just not mentioned.  I don't get all the hate I'm seeing over not divining the \"\"obvious\"\" value of investing in something that (when used as intended) I can't have until I die.  **Thank you** for giving me one possible explanation of how to make this work, but everyone else needs to chill.  \"\"If a 45-year-old, non-smoking man were to contribute $2.5 million to an IDF for four years, the investment would be worth $113 million within 40 years\"\" ... \"\"Beneficiaries get their money when the insured person dies. For products structured correctly, there aren\u2019t any levies on death benefits.\"\"  Is it *really* so absurd that I failed to see how that applies to literally 99.*99*% of the population?\""}
{"_id": "556237", "title": "", "text": "I am just a C student with no hope for grad school, so you are going to have to walk me through this... The ECB (until recently), Japan, and the Swiss have been running QE programs equal to that of the Fed's in 2009 for the last couple of years.  That's an extraordinary amount of money being created... what's more, is that the Swiss are even buying shitloads of American equities with it.    Perhaps my understanding of M2 is flawed, but how would the Swiss national bank buying $63B in equities change M2?  It's not like the fed is printing the money specifically for the transaction.  The amount of QE being pumped into a healthy economy over the last couple years should be concerning, if only because it's unprecedented, especially since some of it is being directly invested into equities.  I don't think there is a viable argument that can truthfully say that it isn't a pretty large variable in the market today.... but I could be wrong.  Also, I've read enough, and heard enough, on how the inflation rate is measured to cultivate a healthy skepticism for the entire metric. The way they choose baskets, while obviously the best possible, is not something that lends itself to precision.    Please be kind to my grammar."}
{"_id": "556238", "title": "", "text": "\"&gt; It has been done and tried in socialist countries 20 years ago like Venezuela  The \"\"Venezuela disproves socialism\"\" claim is fiction.  [Their current crisis is mainly due to Hugo Ch\u00e1vez's mismanagement of the country's economy, strict exchange controls, and over-reliance on their petroleum industry](http://nacla.org/news/2017/04/28/explaining-venezuelan-crisis).\""}
{"_id": "556248", "title": "", "text": "\"The short answer is that the IRS knows this is an issue, so they are prepared to deal with the \"\"discrepancies.\"\"  The filer does not need to something special to call it to their attention.  Keep good records and consistently report according to your accounting processes.   Exactly how the IRS resolves / flags this, I don't know.  Maybe someone else can answer, but you can imagine that if they track you for multiple years they should have some idea of how many dollars are rolling over and whether you might have \"\"forgotten\"\" to report something from a few years ago that happened at a year-end break.\""}
{"_id": "556263", "title": "", "text": "Attending trade shows means putting out a good amount of money in getting that customized trade show display. Seasoned exhibitors know what to display to buy and who to buy it from. For first time or not so experienced buyers, consider gathering ideas from this great trade show tips. A good resource provided by Xtreme Exhibits, a St. Louis trade show displays and exhibit solutions provider."}
{"_id": "556264", "title": "", "text": "&gt; The Facebook IPO wasn't a debacle.   It really depends on how you see the markets.  If they're just a way for companies to rip off gullible investors, then sure, it wasn't a debacle.  But everyone except FB lost out of this one, and it wasn't just that the price went down - it was also that NASDAQ's systems failed badly, causing significant additional losses and impending lawsuits.  I don't think NASDAQ could be happy about these results.  I'm really doubtful that early investors are happy about losing a chunk of value overnight.  I doubt other companies who were trying to go public in this calendar year are overjoyed by this...  ...and frankly, I doubt that FB, overall, is happy about this result.  Lots of people there have stock options, options that they can't yet execute.  Lots more people there have options but decided to wait.  Some people who sold a lot of their stock are personally happy - but is this good for Facebook as a company?  I don't think so.  After having an almost exclusively winning profile, they become a public company, and stumble really badly right out of the gate... it'll take years to erase the bad perception created by this.  So unless you're one of a tiny number of FB insiders, this _was_ a debacle."}
{"_id": "556283", "title": "", "text": "Quant has been an interesting part of finance, but I always thought they missed something really important.   The standard methods of statistical analysis can\u2019t explain what\u2019s going on with economy and firms. Otherwise, quant hedge funds would have been making money all the time.   The conventional quants find patterns in data, test them then go live. These models work until some fundamental (or not so fundamental) shifts in the market. Then they find themselves back in the drawing board looking for their next model. This kind of analysis seems like a lot of grind for fairly  unpredictable returns.   There are more and more companies that don\u2019t lend themselves well to fundamental analysis as we know it. Financial data and some poor flawed human analysts insights alone can no longer explain much.   This is a unique set of challenges that Data Science, more specifically AI could solve. The speed at which AI can learn and process information is just mind boggling. AI can learn the entire financial history of decision making in minutes. It can recognize patterns, make sophisticated analysis and constantly update its probability tables as the new information comes in. This is something no human can compete with.    Imagine a quantitative engine that adapts as the economy changes. It could draw heaps of unstructured data about a company, learn from it in real time, make course corrections and spit out its recommendations.   To the degree that human decision making is involved in the strategic decision making of companies, we will need the depth of context that can be provided by humans, but I see the field moving away from excel spreadsheets with fairly poor predicting capacity to AI models with strong predictive capacity."}
{"_id": "556285", "title": "", "text": "&gt; Eating right, exercise, moderate drinking, getting vaccines, and not smoking are all choices that make a huge impact.  Of course but my point is that poor people are forced into a life that either doesn't communicate the importance of these things or makes them harder to follow."}
{"_id": "556289", "title": "", "text": "\"It's a right of passage buddy; push through this crap and you'll show that you're worth your space. Next stop is modelling but you gotta either go through this crap till youre \"\"proven worthy\"\" or pick it up yourself.   Don't mean to dishearten but given that you're at a boutique, you're probably expected to do your own learnig rather than expect some sort of tailored training.  Chin up buddy we've all been there\""}
{"_id": "556295", "title": "", "text": "In the prior PMI discussions here, it's been stated that the bank is not obligated to remove PMI until the mortgage's natural amortization puts the debt at 78% LTV. So, paying in advance like this will not automatically remove the PMI.  Nor will a lump sum payment be certain to move the next payment ahead a year. If it's entered as a principal prepayment, the next month's payment is still due. In the world of coupon books, if you sent in a year's payments, you'd not benefit from the interest saved, in one year you'd owe what the amortization table tells you.  There's no free lunch when it comes to mortgages or finance in general. This is why we usually caution that one should not be cash poor the day after buying a house. Best to save 30%, put down 20%, and have a cushion after the closing."}
{"_id": "556296", "title": "", "text": "This stuff doesn't even matter in this country. They will get some slap on the wrist fine that equates to 3% of the money made by their illicit activities, and their business won't even suffer. I have seen it too many time to even care anymore."}
{"_id": "556298", "title": "", "text": "It's not that I won't debate with people with opposing viewpoints.  I simply do not have the time, no matter my inclinations, to take on countless numbers of logical fallacies from people who are the ones who made them in the first place.  Do you spend your days in 9/11-truther forums?  Why not?  If you're right, why not debate them?  Same thing."}
{"_id": "556314", "title": "", "text": "\"Is there a word for that $20k owed? Trade Receivables, Accounts Receivables, or just Receivables Is there a different word for that $30k \"\"hypothetical\"\" total? Current Assets (Includes Inventory and other short term assets)\""}
{"_id": "556327", "title": "", "text": "\"The reason Comcast (I'll just say \"\"Comcast\"\" when I mean \"\"TV providers like Comcast, DISH, Cox, etc.\"\") bundle channels is because they get to sell advertising on those channels.  Each channel (or group of channels, like Disney) _charges_ Comcast for the privelege of broadcasting it.  That is, ABC and HBO and so forth ask Comcast for a certain $$ per year/month/fortnight, etc.    Comcast then takes really popular channels -- like HBO, and \"\"bundles\"\" them up with shitty channels, like VH1 and the Oxygen Network.  Comcast then sells advertising based on _those bundles_.  So if you want to advertise to middle-aged white women in the mid-morning (Oxygen), you have to also pay for advertising on HBO at the same time, which drives up the price Comcast can ask.  The popular channels are, essentially, loss leaders.    In turn, however, Oxygen can say, \"\"Hey, you're making a crapton of money advertising on our channel, Comcast.  Pay us more or we pull the channel!\"\"   This cycle continues and is part of the reason cable TV prices keep going up.  (Some other reasons are retardedly over-the-top greed)  For your model to work, a single subscription fee would have to replace the income earned from ads _and_ maintain the same price paid to each network.  Since Comcast can no longer force people to pay for Oxygen when all they want is HBO, the prices for the non-popular channels skyrocket as people stop paying for them.   The shitty networks aren't willing to take the risk of cutting their revenue streams off and will most certainly write into their agreements with Comcast, \"\"And no streaming!\"\"   The super-popular networks don't need the extra income and feel like streaming would diminish their brand, so they add in similar \"\"no streaming!\"\" clauses.\""}
{"_id": "556353", "title": "", "text": "\"if it looks like a duck, walks like a duck and quacks like a duck, then it's a duck  This cliche is appropriate for your situation. Every aspect of this endeavor says \"\"scam.\"\" It's a classic pyramid scheme with a product for sale that you don't even believe in. Too bad it's a friend that brought it to you.\""}
{"_id": "556359", "title": "", "text": "Those guys are mostly millionaire lawyers who get the medallions one way or another (not necessarily at full value) and rent them to poor taxi owners operators for $25k per month. (These guys say fuck you and pay me each month) Don't feel sorry for them. Feel happy for the taxi guys making $50k per year paying g $250k to the mad Alison holder) who can now operate without that yolk around their neck. And feel good about some greedy investor losing the making of money from corrupt business models created by incestuous government bureaucrats across North America."}
{"_id": "556367", "title": "", "text": "&gt; 'concentrating wealth' = rising houseprices which are in the hands of several house owners  &gt; Why do house prices rise?  &gt; Land has a limited supply while demand could be infinite  &gt; If the demand would drop, house prices would drop.  &gt; Mass-aging is happening  &gt; Wow I could be able to afford a house after the baby-boomers are gone thanks to a population drop  &gt; Socialists start to import refugees en masse. Thus increasing the population again  &gt; fuck i'll never be able to buy house  &gt; mfw socialists fucked things over for the  'common folk'"}
{"_id": "556373", "title": "", "text": "I understand how it works very well - as Europes financial centre. I understand that without UKs EU membership those days are gone. I understand that rents in Frankfurt are skyrocketing because banks are fleeing a sinking ship. Without financial passporting rights to the worlds second largest economy London as a financial centre is finished. New York does well because it's part of Americas economy, Hong Kong does well because it's part of China's economy."}
{"_id": "556383", "title": "", "text": "First, the single worst reason to do anything is because most people are doing it. The second worst thing is to take tax advice from a non-tax pro. (Ironic, I understand, but read on) Run through your 2015 tax return. Do you itemize already? If not, there's a reason, the standard deduction for a couple is $12,600 in 2016, so a renter isn't likely to have enough deductions to itemize, even with a high state tax.  For 2016, project your total interest from the mortgage, and the year's property tax, then add your state income tax, and last, any charitable donations. This total comprises the bulk of what people take on their Schedule A. Now, since your current withholding assumes the standard $12,600, subtract this number, and you're left with the amount your taxable income will be reduced for the fact that you have the house. Last, divide this number by $4000. The result is how many more withholding allowances you can claim. One personal exemption (a withholding allowance) is exactly $4050 this year.  For what its worth, median home price for early 2016 was $190K. After 20% down, a $152K mortgage would cost about $6000 in interest the first year, and maybe $3000 in property tax. The average couple, making $60,000 or so won't have a state bill much over $3000, so shy of some nice donations, it's easy to have a house, yet still not itemize.  Of course, if you have higher income and a more expensive home, the numbers will be different.  The best you can do is to get tax software or use an online service and estimate the 2016 return based on your numbers. If you wish to post numbers via an edit to your question, I'm happy to update my answer a bit to your situation.  Note - the form you'll use to adjust withholdings, the W4, offers a worksheet to perform the calculation.  It asks in line 1 for your total itemized deductions, then subtract the standard deduction, then divide by $4050. Pretty much what I suggested above."}
{"_id": "556391", "title": "", "text": "As someone who was just recently a salesman at Honda, I'd recommend buying a Honda instead :). If you really prefer your Toyota, I always found quote-aggregation services (Truecar, I'm blanking on others) very competitive in their pricing. Alternatively, you could email several dealerships requesting a final sale price inclusive of taxes and tags with the make, model, and accessories you'd wish to purchase, and buy the vehicle from them if your local dealership won't match that price. Please keep in mind this is only persuasive to your local dealership if said competitors are in the same market area (nobody will care if you have a quote from out-of-state).  As many other commenters noted, you should arrange your own financing. A staple of the sales process is switching a customer to in-house financing, but this occurs when the dealership offers you better terms than you are getting on your own. So allow them the chance to earn the financing, but don't feel obligated to take it if it doesn't make sense fiscally."}
{"_id": "556409", "title": "", "text": "\"The money gets sent to the IRS through the EFTPS system. Depending on the amounts, the employers are required to deposit it on a monthly/semi-weekly basis, so they don't get to keep the tax money for long. Failure to deposit the payroll taxes on time is one of the most heavily penalized IRS offenses. This area of violations is called \"\"trust fund violations\"\". It is one of the very few areas in which employees may be liable for corporate misdoings (i.e.: an HR or accounting manager responsible for payroll may be personally liable for trust fund violations).\""}
{"_id": "556421", "title": "", "text": "You really have asked two different questions here: I'm interested in putting away some money for my family Then I urge you to read up on investing. Improving your knowledge in investing is an investment that will very likely pay off in the long-term - this can't be answered here in full length, pointers to where to start are asset allocation and low-cost index funds. Read serious books, read stackexchange posts, and try avoid the Wall Street marketing machine. Also, before considering any long term investments, build an emergency fund (e.g. 6 months worth of your expenses) in case you need some liquid money (loss of job etc.), and also helps you sleep better at night. What things are important to consider before making this kind of investment? Mainly the risk (other answers already elaborate on the details).  Investing in a single stock is quite risky, even more so when your income also depends on that company. Framed another way: which percentage of your portfolio should you put into a single stock? (which has been answered in this post). If after considering all things you think it's a good deal, take the offer, but don't put a too great percentage of you overall savings into it, limit it to say 10% (maybe even less)."}
{"_id": "556453", "title": "", "text": "\"&gt; No, I really do. Things break at least once a month, and never get fixed.  Hmmm, maybe you're just the \"\"tenant from hell\"\" to your landlord.  :)  I'm sorry you're having problems.  But it's possible your landlord is also having problems - have you tried talking about the problems instead of just calling him names?\""}
{"_id": "556465", "title": "", "text": "\"In general, when companies are regarded as \"\"hot\"\" growth stocks, they are expected to keep up an accelerated level of growth for a good long time. That accelerated growth justifies a high PE relative to a slow-growth stock. When companies that are supposed to grow miss expectations or (worse) lose money, the markets punish the stock severely... Particularly if the company doesn't make analysts aware of problems early on. Netflix is a great example of a company bungling a few different business problems, creating a much bigger one in the process. A poorly conceived rate hike killed the reliable cash flow of the company, and that crazy Quixter thing just confused everyone. Now nobody trusts the management. BlackBerry is another example of a high performing company that just screwed up, damaging shareholders in the process. We're living in a very challenging era today, but growth stocks are always risky by nature -- growing a company rapidly is very difficult.\""}
{"_id": "556474", "title": "", "text": "\"Do I have to explain the source of all income on my taxes? \"\"Yes, you do\"\", say the ghosts of Ermenegildo and Mary Cesarini. https://turbotax.intuit.com/tax-tips/general/what-to-know-about-taxes-on-found-property/L9BfdKz7N The Cesarinis argued to the IRS that the money wasn\u2019t income, and so it should not be taxed as such. The IRS wasn\u2019t swayed by the couple\u2019s argument. The case went to federal court, and the IRS won. \u201cFound\u201d property and money has been considered taxable income ever since. The IRS plainly states that taxpayers must report \u201call income from any source,\"\" even income earned in another country, unless it is explicitly exempt under the U.S. Tax Code. This covers a wide range of miscellaneous income, including gambling winnings. According to the Cesarini decision, money you find isn\u2019t explicitly exempt. The tax impact won\u2019t be significant if you find an item of property with a fair market value of only $500 and are in the 25% tax bracket. You\u2019ll owe the IRS $125 ($500 x .25 = $125). However, if you are a finder and keeper of $10,000, your tax burden will be $2,500 ($10,000 x .25 = $2,500).\""}
{"_id": "556477", "title": "", "text": "Business Apprentice is internship. That is not what is applicable for you. You're a visiting professor/researcher, which falls under Article 22, so you don't get the standard deduction."}
{"_id": "556493", "title": "", "text": "That you're incapable of looking at publically available information on a stock ticker in the business subreddit is kinda on you.   I didn't know anytime I stated a known fact I had to google it for everyone too.  And what did the guy who stated the incorrect info cite?  Get on him.   But here you go!  http://www.nasdaq.com/earnings/report/amzn  http://www.macrotrends.net/stocks/charts/AMZN/revenue/amazon-inc-revenue-net-income-history  https://www.streetinsider.com/ec_earnings.php?q=amzn"}
{"_id": "556509", "title": "", "text": "\"It's legalized slavery.  They keep the majority of the workers poor, but provide them with healthcare to keep them working.   Oh sure, \"\"we're in the middle class\"\" they'll all say. Because they can afford a house, and a car, they think they're ok. What happens when they lose their job?\""}
{"_id": "556519", "title": "", "text": "Searching for Banks or Credit Unions based on their high interest accounts is likely to be a giant waste of your time. The highest you might find is 1.5% not clearing inflation. For anything less than 100k youre better off putting it in a money market fund until you know what you want to do with it, which you can find anywhere."}
{"_id": "556526", "title": "", "text": "They run their nukes around, mostly unprotected, in white vanes.  They wouldn't be that hard to take.  but generally, I don't have a problem with droning the shit out of their nuke facilities/transport, turning half the country into a zone contaminated by a dirty bomb."}
{"_id": "556535", "title": "", "text": "The conspiracy theorist in me says this is a huge bet on a future of high crime and civil unrest in the US. Otherwise, why would owning most of the American consumer gun industry be such an attractive investment, unless you're banking on a high demand for guns?  EDIT: Either that, or they're possibly betting on the US invading yet another country, depending on how heavily these companies are involved in military contracting. If I want to spin conspiracy theories, anyway. Probably they're just undervalued companies, like any others. But it's awfully intriguing..."}
{"_id": "556544", "title": "", "text": "They get a piece of existing and potential market for a relatively small cost. Even large players can't ignore new market entrants,as some of them tend to grow at a fascinating rate. If you buy a company withhuge potential to grow, you save yourself in the process and also make money long term."}
{"_id": "556545", "title": "", "text": "\"If you're looking for ways to turn $1000 into more, don't just think of ways it can make money -- also consider whether there are any ways you can use it to save money. Among the advantages of this approach is that you're not taxed for reducing your expenditures. The good news is that there are a lot more ways to save a little bit of money on a $1000 budget than there are to make a little money on that budget. The bad news is that most of them will require some additional input: labor. Have you taken an economics course? Capital + Labor => output.  I don't know what you spend your money on exactly, but some thoughts: You may find more opportunities for things like this as you move out from college and into your own apartment (/house) and the university isn't taking care of as many of your needs. Just don't confuse yourself about where the line is between actually saving money that you were going to spend anyway, and just consuming more. Consumption is fine in and of itself (and ultimately it's what you have money for) but doesn't make you financially better off. Also, when considering what to do with the money, don't just think \"\"I can spend $2000 on this bike and it will ultimately save me gas money\"\" unless you also know how to think \"\"I could spend $200 on a slightly lesser bike and still save all the gas money, or maybe even spend $20 on a yard sale bike.\"\". Consider borrowing kitchen equipment from the parents, instead of buying new stuff, or buy it at a yard sale. Also, make sure you actually will use the things you buy.\""}
{"_id": "556549", "title": "", "text": "\"Careful with the \"\"stock stolen from your account\"\" thing.  SIPC protects investors against broker/dealer insolvency.  Don't think they provide protection against theft.\""}
{"_id": "556558", "title": "", "text": "\"I think the part of your question about not wanting to \"\"mess up more\"\" is the most important element. You say you know someone with good credit who is willing to co-sign for you, but let's be honest -- your credit isn't bad for no reason.  Your credit's bad because you have a history of not paying on your obligations. Putting someone else's credit at risk, even though they may be willing to try and help, could be doing exactly what you said you're trying to avoid -- messing up more.  This person's heart is in the right place, but you really have to ask yourself if you should put them in jeopardy by agreeing to guarantee your debts. So the vehicle you bought is older and has a lot of miles -- you knew that when you bought it.  So you're paying a high interest rate because of your bad credit history -- you knew that when you bought it.  Why you think the vehicle's only going to last another year is what confuses me.  There are many vehicles out there with much higher mileage that are still on the road, and with proper preventative maintenance there's no reason your truck can't do the same. The fact is, you just don't like what you're paying or what you're driving (even though you were good with both when someone was willing to extend you credit), so now you see this other person's willingness to co-sign for you as your ticket out of a situation you no longer want to be in. My suggestion is that you stay with the loan you have, take care of the vehicle to make it last, and prove that you can pay your obligations.  Hopping from loan to loan isn't going to do your credit any favors.  One of the big factors for your credit score is the average age of accounts.  Going and signing a new loan now will only drag that number down and hurt your score, not help it.  And there's no guarantee the next car you buy with your friend's help is going to last the length of that loan either. I would be careful about this \"\"grass is greener on the other side\"\" attitude and just bear through your situation, if only to prove to yourself that you can do it.   There's nothing saying your friend won't still be willing to co-sign for you later on down the line of something does happen to the truck, but you can show them that you're trying to be responsible in the meantime by following through on what you already agreed to.\""}
{"_id": "556561", "title": "", "text": "Assuming we follow the tax plan laid out by the Trump Administration, I can see, as the consequence of this tax-plan, three options.   1. Revitalize US economy.   2. Status Quo. It'll eventually just even out and go back to the way it was.   3. US declares bankruptcy.   Is this what most educated people see?"}
{"_id": "556574", "title": "", "text": "Agreed, unfortunately what is right seldom matters when it comes to these kinds of decisions. If you don't have any leverage then you won't matter. While it may suck, it is how the world works so you'd better try finding some leverage."}
{"_id": "556594", "title": "", "text": "\"Just to get the ball rolling, here's an answer: it won't affect you in the slightest. The pound happened to be tumbling anyway.  (If you read \"\"in the papers\"\" that Brexit is \"\"making the pound fall\"\", that's as valuable as anything else you've ever read in the papers.) Currencies go up and down drastically all the time, and there's nothing you can do about it. We by fluke once bought a house in Australia when that currency was very low; over the next couple years the currency basically doubled (I mean per the USD) and we happened to sell it; we made a 1/2 million measured in USD. Just a fluke. I've had the opposite happen on other occasions over the decades. But... Currency changes mean absolutely nothing if you're in that country. The example from (2) was only relevant because we happened to be moving in and out of Aus. My various Australian friends didn't even notice that their dollar went from .5 to 1 in terms of USD (how could it matter to them?) All sorts of things drastically affect the general economy of a given country. (Indeed, note that a falling currency is often seen as a very good thing for a given nation's economy: conspiracy theorists in the states are forever complaining that ) Nobody has the slightest clue if \"\"Brexit\"\" will be good bad or indifferent for the UK. Anything could happen. It could be the beginning of an incredible period of growth for the UK (after all, why does Brussels not want your country to leave - goodwill?) and your house could triple in value in a year. Or, your house price could tumble to half in a year. Nobody has the slightest clue, whatsoever about the effects on the \"\"economy\"\" of a country going forward, of various inputs.\""}
{"_id": "556595", "title": "", "text": "\"Those are just a form of \"\"rent tax\"\" on real economy - that is, people that work in those non-productive sectors of economy are just using the fruits of labor of all the others.   But only the real economy actually matters - and having a few extra zeroes in the bank accounts of the rich don't really affect it as long as those money stay there.  Money that are not exchanged for real world goods and services don't really exist for the real economy.\""}
{"_id": "556596", "title": "", "text": "I really have backed it up with facts and not really just something I think is true.   There has been more precipitation and more grain crops and generally more vegetation which in turn means more oxygen. That you can't disagree with. I say that is a good thing. The only reason early primates evolved was when CO2 levels and oxygen levels were doubled during the Eocene epoch. You may say humans evolving was a bad thing for the planet and that's something we can agree on.   Anyways we shouldn't tax CO2, but rather SO2 and other pollutants.   It's OK, I also disagree, vehemently, with your opinion."}
{"_id": "556610", "title": "", "text": "If you use Google Shopping to promote your products, then you should seek out QliQ. They offer management services for your Shopping campaigns tailored to improve your brand\u2019s online visibility. They will also enhance your product\u2019s advertisements using unique keywords to attract more potential customers. Log on to https://www.qliq.co/ for more details about their services for Google Shopping."}
{"_id": "556618", "title": "", "text": "\"It is possible to pay down debt (including interest) without issuing new debt money to pay for it. I think this is the heart of your question. Let me present a highly contrived example in which society has four people and one bank. Here is a bank with $100 in initial deposits. Total money supply in this society is $100. (We assume there is no currency circulating, since you're interested in debt money.) This bank lends out $90 to Bob at 1 year maturity and 10% APR. Bob spends this $90 with Charlie to buy raw materials. Charlie deposits $90 in the bank. The money supply just grew from $100 to $190. Bob does something with the raw materials and adds some kind of value, eventually selling the finished goods for $110. In our little silly economy, the only people who have money are Adam and Charlie, so we must assume that between the two of them they buy $110 worth of goods from Bob. Let's say Adam buys $60 and Charlie buys $50 -- the actual amounts don't matter. Bob deposits this money at the bank. Still $190 of money supply. At the end of 1 year, Bob instructs the bank to transfer payment from his deposit account to his loan account. The bank wipes clean his debt and the money remaining in Bob's account represents his return. Who is this David guy? He's the owner of the bank. He grosses $9 in interest from the loan to Bob, and he pays $5 to Adam as interest on Adam's deposit. The remaining $4 is the profit to the bank's owner. Money supply decreased from $190 to $100 after Bob pays off his loan. I realized after writing this, the one thing I left out is, \"\"where does Adam get $100 to start with?\"\" Presumably Adam starts off with some kind of currency, either fiat money or commodity money. (IOW, debt money can't be created out of nothing, it has to be expanded on top of some kind of currency.)\""}
{"_id": "556621", "title": "", "text": "If you have a view on housing you can buy a real estate investment trust and use proceeds to pay rent. Downside is, depending on where you live, you'll have to pay tax on dividend income from REITs. So if you invest the same amount in a REIT as in a house you'll effectively loose some money due to the tax. You can also think of it this way: you wouldn't pay tax on the rent that you don't have to pay as a result of owning a house, but you pay tax on rent that other people pay you."}
{"_id": "556641", "title": "", "text": "All of their product is least effort, with the sole possible exception of their burgers.  Their breakfast fare is strictly microwave, their chicken and fish are abominable, their fries have gone downhill, their coffee comes in a syrup bag (or used to) while McD's grinds their own beans.  It all reeks of bottom dollar.  Wendy's new burgers are indeed nice, but the old ones at least seemed to be honest burger meat, cut in squares and fried on site.  I'm unconvinced that the new ones aren't in the same vein as the 1/3 lb. pre-cooked dry gray nastyburgers that both Burger King and McDonalds (and Carl's Jr.) have been trying to foist off; they are preformed into pseudo-natural shapes, if you haven't noticed.  If so, they are definitely done better than the competition."}
{"_id": "556661", "title": "", "text": "\"Network Marketing (also called multi-level marketing) isn't necessarily a skill that you learn in a course. It's a type of business model that's used by companies like Avon, Southern Living, Mary Kay, etc. It's also used in many scams (called pyramid schemes, but the aforementioned companies are using the pyramid structure, too). A lot. See here for a high-level explanation (pay attention to the pyramid scheme bit): http://www.entrepreneur.com/encyclopedia/network-marketing If you want to get into a Network Marketing venture, join a reputable company and start doing it. They will provide you with all of the training you need. Your \"\"manager\"\" will make money based on how well you do. If you can in turn recruit other individuals to start selling, then you make money off their sales, and you \"\"manager\"\" makes money off their sales. Hence the pyramid label.  Reputable companies charge very little to join, you set your own schedule, and don't have any hard quotas to live up to. Do your research! If they make you a promise that sounds too good to be true, it is.\""}
{"_id": "556668", "title": "", "text": "\"I think the key to this question is your last sentence, because it's applicable to everyone, high net-worth or not: How would one determine whether they are better off without insurance? In general, insurance is a net good when the coverage would prevent a 'catastrophic' event. If a catastrophic event doesn't happen, oh well, you wasted money on insurance. If it does happen, you just saved yourself from bankruptcy. These are two separate outcomes, so taking the 'average' cost of a catastrophic event (and weighing that against the more expensive insurance premiums) is not practical. This is a way of reducing risk, not of maximizing returns. Let the insurance company take the risk - they benefit from having a pool of people paying premiums, and you benefit because your own life has less financial risk. Now for something like cheap home electronics, insurance is a bad idea. This is because you now have a 'pool' of potential risks, and your own life experience could be close to the 'average' expected result. Meaning you'll pay more for insurance than you would just replacing broken things. This answer is another good resource on the topic. So to your question, at what point in terms of net-worth does someone's house become equivalent to you and your toaster? Remember that if you have home fire insurance, you are protecting the value of your house, because that loss would be catastrophic to you. But a high net-worth individual would also likely find the loss of their house catastrophic. Unless they are billionaires with multiple 10M+ mansions, then it is quite likely that regardless of wealth, a significant portion of their worth is tied up in their home. Even 10% of your net worth would be a substantial amount.  As an example, would someone worth $1M have only a 100k home? Would someone worth $10M have only a $1M Home? Depends on where they live, and how extravagantly. Similarly, if you were worth $10M, you might not need extra insurance on your Toyota Camry, but you might want it if you drive a $1M Ferrari! Not to mention that things like auto insurance may cover you for liability, which could extend beyond the value of your car, into medical and disability costs for anyone in an accident. In fact, being high net-worth may make you more vulnerable to lawsuits, making this insurance even more important. In addition, high net-worth individuals have insurance that you or I have no need of. Things like kidnapping insurance; business operation insurance, life insurance used to secure bank loans.  So yes, even high net-worth individuals may fear catastrophic events, and if they have so much money - why wouldn't they pay to reduce that risk? Insurance provides a service to them the same as to everyone else, it's just that the items they consider too 'cheap' too insure are more expensive than a toaster. Edit to counter concerns in some other answers, which say that insurance is \"\"always a bad idea\"\": Imagine you are in a kafka-esque episode of \"\"Let's Make a Deal\"\". Monty Hall shows you two parallel universes, each with 100 doors. You must choose your universe, then choose a door. The first universe is where you bought insurance, and behind every door is a penalty of $200. The second universe is where you didn't buy insurance, and behind 99 doors is nothing, with one random door containing a penalty of $10,000. On average, playing the game 99,999 times, you will come out ahead 2:1 by not buying insurance. But you play the game only maybe 3 times in your life. So which universe do you choose?  Now, you might say \"\"pfft - I can cover the cost of a 10k penalty if it happens\"\". But this is exactly the point - insurance (unless already required by law) is a net good when it covers catastrophic losses. If you are wealthy enough to cover a particular loss, you typically shouldn't buy that insurance. That's why no one should insure their toaster. This is not a question of \"\"average returns\"\", it is a question of \"\"risk reduction\"\".\""}
{"_id": "556679", "title": "", "text": "\"&gt; The World Trade Organization is moving closer to eliminating country-of-origin labels and replacing them with \u201cMade in the World\u201d initiative labels because they say we need to \u201creduce public opposition to free trade\u201d and \u201cre-engineer global governance.\u201d  I'm going to look for products with that \"\"Made on another World\"\" label.\""}
{"_id": "556688", "title": "", "text": "I didn't mean to imply that bankruptcy is a magical process. I was using that to clarify my use of conservative vs. aggressive. To be fair, I guess it can vary depending on your perspective. If you're taking the perspective of the debt-laden company, then yes, erring on the side of a higher value could be defined as aggressive. If you're taking the perspective of someone looking to acquire business, I would say erring on the side of a higher value is conservative.   if the debt is trading at, say, $0.20 on the dollar, then yes, I can agree that the market value of the debt is likely more representative of the book value. I guess I wasn't thinking of that type of extreme example. A more common scenario I'd encounter would be a) the debt trading at maybe $0.95 on the dollar and b) taking the perspective of someone looking to invest in the equity, which is why I'd say that it's more conservative to use the higher value, which is the book value.  So I'm persuaded that using market value of the debt can make sense in some cases, but I would still argue that the book value might make more sense in other cases."}
{"_id": "556689", "title": "", "text": "**Pyramid scheme**  A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.  Pyramid schemes have existed for at least a century in different guises. Some multi-level marketing plans have been classified as pyramid schemes.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "556692", "title": "", "text": "Not exactly the *best* reminder that PayPal is an arbitrary and capricious payment system with far too little oversight and far too much influence, but hey, I have room in my heart to hate Illinois Nazis and Peter Thiel on the same day."}
{"_id": "556694", "title": "", "text": "\"If you need to show that the sale/purchase was at FMV, then showing that you made a trade on a public exchange with an unrelated counterpart is enough to establish FMV. However, this is only one of the possible \"\"fair market value\"\" definitions. This is usually used to determine basis or value for tax purposes. For valuation purposes or general accounting, one specific trade is not enough to establish FMV, and much more research is required.\""}
{"_id": "556696", "title": "", "text": "Typically, the discount is taxable at sale time But what about taxes?  When the company   buys the shares for you, you do not   owe any taxes. You are exercising your   rights under the ESPP. You have bought   some stock. So far so good. When you sell the stock, the discount   that you received when you bought the   stock is generally considered   additional compensation to you, so you   have to pay taxes on it as regular   income. Source: Turbotax.   Second source. Your pretax rate of return would be: 17% (100/85) In your scenario where the stock price is fixed at $100. Your tax rate would be your marginal rate.   If the stock stayed at 100, you would still be taxed as income on $15/share (the discount) and would receive no benefit for holding the stock one year. Assuming you are in the 25% tax bracket, your after tax rate of return would be 13% ((15*.75)+85)/85)"}
{"_id": "556698", "title": "", "text": "\"&gt; And wanting fully 10 % of all employees to resign every year? That sounds completely insane to me. Is that really normal? Am I not getting something?  I worked at a place like that.  The thinking there was that this gets rid of the poor performers.  Note the quote says \"\"turns over 10%\"\" not \"\"has 10% churn\"\".  A lot of these are the company firing people or encouraging them to quit.  My company did this with almost yearly company-wide layoffs.  Every group would have to cut at least one employee.\""}
{"_id": "556703", "title": "", "text": "Couldn't remember my password but I know my ICQ number and I still use the same email address so I reset my password.  When making my new password it said it must be 6-8 characters.  That doesn't seem very secure.  I can't remember the last time I came across a big online service that limited password length that strictly."}
{"_id": "556711", "title": "", "text": "One way you can accomplish this is on a cruise ship.  Most cruise ships have casinos, and most will allow you to sign out chips at the casino cage.  You can then exchange the chips for cash.   The chips that were signed for are resolved as room charges.  Those room charges can be charged to a CC.  Those signed for chips are rolled into the total room charges and are thus not treated as a cash advance.   The cost of the cruise not with standing, you could earn money in that form.  Step off the boat, deposit cash in the bank, and send a check to the CC company. All that being said, it is an cheap and safe way to get cash while you are traveling in that method."}
{"_id": "556730", "title": "", "text": "I nowhere mentioned equal amount of assets.  The point of my argument was wealth disparity.  And, unless the rich pay more in taxes; that disparity will grow.  Increasing tax from 24.7% to 50% would still leave the wealthy with a mountain of wealth; but, will help contribute greater to the overall economy.    What do you think will need to happen in about a decade, when millions of American's are left permanently unemployed by automation?"}
{"_id": "556769", "title": "", "text": "&gt; it's not really worth that much to make the switch as long as they keep getting promotions and discounts.  Uber loses ridiculous amounts of money every quarter so it's not a sustainable business model. I think Lyft is going to find itself in a more secure position down the line because it has focused on building a liked brand just as much as it has competing on price."}
{"_id": "556770", "title": "", "text": "Following our post yesterday which read that Thailand keeps ranking in global real estate index, you may find the following post interesting;  Thai ombudsmen is drafting a carrot-and-stick law to protect Thai lands from illegal foreign nominee ownership, while developers and consultants suggest more legal transparency, a longer leasehold period and higher foreigner property taxes to prevent nominees."}
{"_id": "556799", "title": "", "text": "that's really nice, we already know whose side you are on. do you honestly think you are going to change my opinion of this situation or somehow prove me wrong in a way in which I wont just jerk off and ignore it anyway?   Or are you the one masturbating over their supposed intelligence now?"}
{"_id": "556810", "title": "", "text": "If you are worried about elections think about writing some calls against your long positions to help hedge.   If you have MSFT (@ $51.38 right now) you could write a MSFT Call for lets say $55. You can bank $170 per 100 shares (let's say you write it at 1.70) (MSFT 01/20/2017 55.00 C 1.73 +0.01 Bid: 1.69 Ask: 1.77) If MSFT goes down a lot you will have lost $170 less per 100 shares than you would have because you wrote an option for $170.  You will in fact be break even if the stock falls to 49.68 on the Jan Strike Date. If MSFT goes up $3.50 you will have made $170 and still have your MSFT stock for a net gain of $520.  $170 in cash for the premium and your stock is now worth $350 more. If MSFT goes up $3.62 or more you will have made the max $530ish and have no MSFT left potentially losing additional profit if the stock goes up like gang busters.   So is it worth it for you to get $170 in cash now and risk the stock going up more than $5 between now and Jan.  That is the decision to make here."}
{"_id": "556827", "title": "", "text": "No evidence of 'elite prep school' so far based on my google search. Princeton and Goldman Sachs take a ton of normal people (extremely hardworking and clever of course but it's not about coming from the right family). It's not Morgan Stanley"}
{"_id": "556831", "title": "", "text": "My recommendation is not to pursue anything. Set up a set of index funds that hits the balance of risk and reward you're comfortable with, and settle for market rate of return. Trying to beat the experts doesn't even work for the experts."}
{"_id": "556894", "title": "", "text": "You don't say WHY she wants to give you money. Your paragraph appears to be the very definition of a scam. Run from her."}
{"_id": "556907", "title": "", "text": "Their policy is only one parent (regardless of where the other parent works) may take the full 16 weeks. And they look it up to make sure the mother is working if the father takes full parental leave.   Same goes towards women, too. If the father works elsewhere, the mother can only take leave if the father doesn't regardless of the fathers work policy.   It's bullshit."}
{"_id": "556913", "title": "", "text": "Keep in mind that it's a cliche statement used as non-controversial filler in articles, not some universal truth. When you were young, did you mom tell you to eat your vegetables because children are starving in Ethiopia? This is the personal finance article equivalent of that. Generally speaking, the statement as an air of truth about it. If you're living hand to mouth, you probably shouldn't be thinking about the stock market. If you're a typical middle class individual investor, you probably shouldn't be messing around with very speculative investments. That said, be careful about looking for some deeper meaning that just isn't there. If the secret of investment success is hidden in that statement, I have a bridge to sell you that has a great view of Brooklyn."}
{"_id": "556929", "title": "", "text": "\"No, it won't work like that. Get rid of regulations and people sill start building shitty houses that will fall down.  Even better solution, havethe governmenr sieze all property, and now you don't buy a house, you merley \"\"rent\"\" it from the governement.\""}
{"_id": "556936", "title": "", "text": "\"Over on Quantitative Finance Stack Exchange, I asked and answered a more technical and broader version of this question, Should the average investor hold commodities as part of a broadly diversified portfolio?  In short, I believe the answer to your question is that gold is neither an investment nor a hedge against inflation. Although many studies claim that commodities (such as gold) do offer some diversification benefit, the most credible academic study I have seen to date, Should Investors Include Commodities in Their Portfolios After All? New Evidence, shows that a mean-variance investor would not want to allocate any of their portfolio to commodities (this would include gold, presumably). Nevertheless, many asset managers, such as PIMCO, offer funds that are marketed as \"\"real return\"\" or \"\"inflation-managed\"\" and include commodities (including gold) in their portfolios.  PIMCO has also commissioned some research, Strategic Asset Allocation and Commodities, claiming that holding some commodities offers both diversification and inflation hedging benefits.\""}
{"_id": "556946", "title": "", "text": "\"As a self-employed Handyman I can tell you this.  Any work that is done, be it professional, part-time, hobby or whatever else, has to answer to two primary criteria.  As you asked, it has to be worthwhile in financial terms and more importantly in personal terms.  In the long term, charging low rates will demoralize her.  Not worth it. Someone once said; \"\"I have no quarrel with he who charges cheaply, because who better then he knows the value of his services\"\"?  Obviously one has to remain reasonable.  Then there is an ambush factor in working for yourself.  I call it syphoning losses since they are extremely difficult to calculate as noted above here already.  In the first place they are extremely difficult to detect anyway.  Micro-management will not tell you the losses, you can only do it at the end of a period on a balance sheet.  Then you have to calculate a fair price in terms of lessons given and monies received. The trick is to gain a fair assessment of worth to her without her needing to go into the books, just as a simple gut feel.  She needs to really feel good about it to maintain motivation for the future.  Otherwise, I did it, it does not work. The other consideration is that when money changes hands it places a benchmark on the tuition and the relationship.  One.  It locks her into delivering professional work as she already is one.  Two.  The students will be locked into giving fair and excellent commitment in being taught. A simple calculation goes like this; Use the time span of a month as it is easier to break down available time per week.  Also remember that there will perforce be extra hours spent in consultation with parents,  this is a syphoning cost, it has be calculated. Difficult at the start, but keep track of it.  One other thing.  I do not give discounts of extend favours, but I keep my prices reasonable. [[I was told I am some 25% more expensive than the latest quotes, but I kept on getting work with a high execution to quotation rate.]]  Floating prices are  impossible to track, manage and justify,  people talk to each other, whether you like it or not.  Do proper, reasonable calculations and be up front to all about how you work.  In contract on paper.  It just may be necessary to scale prices from beginner to advanced classes. OK, $50 seems a fair price, I don't live in the States, but about three/four Big Mac's would compare about right.  You are NOT selling time, you ARE selling expertise. Decide how much she wants out of it per month. Forget retirement, you live now.  This income will also cover other \"\"invisible\"\" extraneous work. Determine how much time will be spent in giving lessons.  You can only charge for \"\"visible\"\" work done. Basic Hourly Rate = Monthly Income / Lesson Hours. Then there's a catch.  Research has shown that owners of one man and small businesses spend about 55% of their time in getting new business.  So,now. Charged Hourly Rate = Basic Hourly Rate DIVIDED by 45%. This could frighten you, but these are hard commercial facts.  Things could appear to be extremely expensive.  You will; however; have a solid base from which to decide as you go further.  The accounting is a good place to start, but she, you both rather, have to feel good about the rewards and the counter performances. Great success to you both!\""}
{"_id": "556950", "title": "", "text": "Don't forget that they also decided, rather than building new stores that fit their existing successful layout schemes they bought out a dying department store chain that was failing, in part, due to it's stores being in shitty locations.   It was like opening a store in the middle of a dead, empty mall and wondering why people weren't showing up."}
{"_id": "556976", "title": "", "text": "There are few things going on here: My advice would be: with 75k income and a regular pay check there isn't a whole let you can do to adjust your tax burden. It's unlikely that any adviser will save enough money to warrant professional advice and the associated cost. Use off the shelf software for tax return and tax planning."}
{"_id": "556993", "title": "", "text": "&gt;The idea that extra bodies competing for jobs would drive down the price of labor also needs to be justified.  Basic supply and demand.  If supply(of labor) increases(ceteris paribus) then the price of labor falls.  In reality the supply of labor and the demand for labor are constantly changing(usually upwards).  So if the supply of labor increases faster than the demand for labor does then the price of labor falls.  If demand increases faster than supply then the price of labor goes up."}
{"_id": "557066", "title": "", "text": "It's already happening. The effectiveness of ads is dwindling, even with laser-focused targeting of which users to harass. Ad blockers are commonplace and idiot-proof. The whole business will simply fade away. The web will find other ways to keep sites up.   There will be sites that leverage WebRTC to host themselves, sites that mine crypto or whatever, sites that demand payment for entry, sites that privilege paid users, etc., etc., etc. P2P is the obstacle that people will notice the least. There's no overhead for conversion or profit motive. It simply makes hosting cheaper.   Nothing new is required."}
{"_id": "557076", "title": "", "text": "It's not that uncommon but it doesn't usually come from standard purchases.  Investopedia explains: Definition of 'Fractional Share' A share of equity that is less than one full share. Fractional shares usually come about from stock splits, dividend reinvestment plans (DRIPs) and similar corporate actions. Normally, fractional shares cannot be acquired from the market. However, there is at least one investment firm that markets itself as offering fractional shares.  Fractional investing makes more sense, since an investor's perspective is to invest a certain number of dollars into equity, not to buy a certain number of shares that closely mirror the dollar commitment."}
{"_id": "557079", "title": "", "text": "\"&gt; Do you expect people who work at Sears to have a large allotment of skill assets in the first place?  Absolutely not.  In fact, I completely agree with your underlying point - the way American society is going, there is a steadily decreasing number of jobs for people willing to work, but without specific, modern technical skills.  But what happens to your 50-something worker at Sears who's been working there for 20 years?  It's all very well to say that e should have kept eir skills up-to-date, but is this actually realistic?  Do you really expect this person to move from Housewares to writing Python programs?  And before you say, \"\"Don't project,\"\" I'd point out that I work hard to keep my skillset up-to-the-minute... but not everyone can do this, and many people have children and families that occupy their lives, thank Goodness for them!  So you're absolutely right.  Society is changing and people like those people working at Sears won't be able to make a living any more.  And it will be bad.\""}
{"_id": "557093", "title": "", "text": "\"At fault doesn't mean negligent... If a driver were doing 150 on the wrong side of the street and gets in an accident, no insurer is paying that out.  Likewise a credit agency not properly handling sensitive info and not giving proper disclosures of a breach won't lead to an insurance policy giving them a dime.  I'd say google \"\"does insurance cover negligence,\"\" but you should probably Google the definition of negligence first.  What your saying and the links you've provided clearly shows you don't even know what that word means.\""}
{"_id": "557115", "title": "", "text": "SUBREDDIT RULES This security forum is oriented towards private white hat security professionals. NO ADVERTISING. Want to share information or resources? Message The Mods to find out how! You would rather build a relationship with the /r/Security community than get banned! Please message the mods before posting links to your own projects or if you have any questions about /r/security's advertising policies"}
{"_id": "557137", "title": "", "text": "\"It's hard to determine how well a socialist country would do vs a capitalist country, when the example you have of a socialist country actually has capitalism occurring inside of it.  A better analogy is \"\"The problem is not that drug X is less effective than than alcohol at curing this disease, but that the patient is consuming alcohol while taking drug X even though these two products are not intended to be taken together.\"\"\""}
{"_id": "557162", "title": "", "text": "Specifically, issuing credit with no escape hatch for the borrower in the case where repayment becomes impossible leads to morally odious outcomes like being forced to sell your children into sex slavery in order to pay off your debts, or being held in debt-peonage forever.  If you read the bible with an eye to the real experience ordinary people had of debt in the societies it arose from, you can see where the motivation for these constraints on lending were coming from."}
{"_id": "557168", "title": "", "text": "\"Thank you very much for your humility- it serves you well in your obvious desire to maintain an intellectually correct position. I concede that you point out a generally bothersome and dishonest tactic in debate in which people \"\"move the goal posts\"\" in pursuit of \"\"winning\"\" an argument by shifting the subject of the argument itself. In this case, I'd hope you'd see that the person I was speaking with was so far in agreement with me (when held to the larger context of the discussion- consider the subreddit we are in) that my intent was not even to argue with them but to refine their own claim. The two of us weren't in any kind of disagreement, we simply hadn't agreed upon basic terminology.\""}
{"_id": "557169", "title": "", "text": "US has huge debt to China...what did we think they would use all that money for? Walk into any GoodWill in the US and the crap they have in stock(mostly made in China) is enough to buy about 1000 acres of US soil...every day."}
{"_id": "557172", "title": "", "text": "And you didn't even bother reading past the title.  If you did read the article, you'd realize the CEO literally never blames millenials. The CEO notes 3 challenges - changing customer taste, slowing mall traffic, and declining sports viewership. The CEO also notes that millenials have a preference to cooking at home, quick serve, etc. which BWW is not and that other establishments similar to BWW (casual dining) are also struggling."}
{"_id": "557181", "title": "", "text": "No. Black Scholes includes a number of variables to calculate the value of the derivative but taxation isn't one of them. Whether you are trading options or futures, the dividend itelf may be part of the equation, but not the tax on said dividend."}
{"_id": "557186", "title": "", "text": "\"I've been in a very similar situation to yours in the past.  Since the company is reimbursing you at a flat rate (I assume you don't need to provide documentation/receipts in order to be paid the per diem), it's not directly connected to the $90 in expenses that you mention.  Unless they were taking taxes out that would need to be reimbursed, the separate category for Assets:Reimbursable:Gotham City serves no real purpose, other than to categorize the expenses. Since there is no direct relationship between your expenses and the reimbursement, I would list them as completely separate transactions: Later, if you needed to locate all of the associated expenses with the Gotham trip, gnucash lets you search on memo text for \"\"Gotham\"\" and will display all of the related transactions.  This is a lot cleaner than having to determine what piece of the per diem goes to which expenses, or having to create a new Asset account every time you go on a trip.\""}
{"_id": "557199", "title": "", "text": "\"I think they gave you the answer: You haven't previously shown that you can run that particular card up to (near) its existing maximum and then pay it off, so they don't have a strong indication that you can handle that large an unsecured loan. Generally, requests to have the limits raised when there isn't evidence that the customer is finding the current limit inconvenient are going to be considered suspicious. Remember, a great credit rating does not require that they consider you a good risk -- it's just one of the things they consider. Why do you need the limit raised? Have you tried contacting the bank's credit department directly and discussing what they will or won't let you do? Re paying off the card every month: Remember, they do get a processing fee from the vendor. They'd prefer that we paid interest (I'm told the term of art for those of us who don't is \"\"deadbeats\"\"), but they certainly don't lose money when we don't. And they'd generally rather have us be loyal customers who MIGHT someday pay interest, and who are bringing in fees, than have us go elsewhere.\""}
{"_id": "557201", "title": "", "text": "So if someone would invest 14000 credits on 1st April 2016, he'd get monthly dividend = ((14000 \u00f7 14) \u00d7 0.0451) \u00d7 (1 - 1.42 \u00f7 100) = 44.459 credits, right? One would get ((14000 \u00f7 14) \u00d7 0.0451) = 45.1 is what you would get. The expenses are not to be factored. Generally if a scheme has less expense ratio, the yield is more. i.e. this has already got factored in 0.0451. If the expense ratio was less, this would have been 0.05 if expense ration would have been more it would have been 0.040. Can I then consider the bank deposit earning a higher income per month than the mutual fund scheme? As the MIP as classified as Hybrid funds as they invest around 30% in equities, there is no tax on the income. More so if there is a lock-in of 3 years. In Bank FD, there would be tax applicable as per tax brackets."}
{"_id": "557213", "title": "", "text": "It makes sense as democrats tend to spend money more internally and republicans tend to spend more on foreign iniatitives. BUT, With such a small sample size you get too big of an error thrown in from the random timing of events.  The internet boom had very little to do with Clinton.  The housing bust had very little to do with Bush.  Nixon, Ford and Carter were victim of the pent up inflation from artificially maintaining the Gold standard for too long.  Eisenhower had massive war debt dropped on his lap.   I suspect that the effect is real but I doubt it is as pronounced as the raw numbers suggest.  Furthermore, I am a lot more concerned about the long term effects of policies than the effect they have in the few years a president is around.  Stimulating the economy is easy.  Maintaining that stimulated economy and erasing the debt load that stimulation rang up is another matter entirely."}
{"_id": "557219", "title": "", "text": "I can't give you a detailed answer because I'm away from the computer where I use kMyMoney, but IIRC to add investments you have to create new transactions on the 'brokerage account' linked to your investment account."}
{"_id": "557220", "title": "", "text": "\"I wasn't on minimum wage.  I was finding that housing in the Boston area was increasing in price faster than my $80k/year salary.  And yes, it *is* a fallacy because your statement is essentially tautological: \"\"if you want a lower price for housing, go to where prices on housing are lower (and don't mind the additional costs of time or money spent commuting).\"\"\""}
{"_id": "557234", "title": "", "text": "\"Hey Citypig88 (I like that name by the way).  In your assertion that \"\"regular people\"\" didn't lose - that isn't true.  I have WAY too many examples - so I'll just provide two.  [This article gives some insight](http://www.thedailybeast.com/newsweek/2011/04/24/the-trump-backlash.html) - there are TONS more if you google it.. I'm getting tired of posting stuff about this.  From the article:  &gt;Take John Robbins. When the retired Army officer heard Trump, in a music-filled tent, talk of putting up the tallest building in Tampa, Fla., he wanted in\u2014\u201cbecause of the Trump name.\u201d But Robbins lost half his $150,000 down payment when the condo project went bankrupt and was \u201cfloored\u201d to learn that Trump had merely licensed his gold-plated moniker: \u201c  And    &gt;Hamed Hoshyarsar invested $54,000 in a condo at the Trump Ocean Resort Baja for one reason: he was a fan of The Apprentice. He lost every dime when the project was never built.   These investors could be anti-everyone's grandmother or grandfather. They are just regular people who believed in the Trump brand and put down payments on condos...and got ripped off.  Cracked wrote an funny/blood boiling article which outlines what a scumbag this guy is.  [Enjoy](http://www.cracked.com/blog/10-stories-about-donald-trump-you-wont-believe-are-true/)\""}
{"_id": "557237", "title": "", "text": "Closing your oldest revolving account will lower your average age of accounts and hurt your score.  No ifs, ands, or buts.  The amount it drops is hard to tell, and it may only be a few points if your other cards are fairly old as well. While the FICO scoring algorithm is proprietary and hard to predict, you can use the official FICO Simulator to estimate the impact.  Based on the information you provided (5+ cards, oldest card 5 years), your estimate is 750-800.  Performing the same estimate and only changing the number of cards and age (2-4 cards, oldest card 2-4 years), the score estimate drops to 735-785.  Both of these estimates assume you have 9% or less utilization.  You can probably estimate that your score will drop at least 15 points. However, it may not matter to you whether your score is maximized.  Once you get above a certain FICO score, it doesn't matter.  For example, I recently refinanced a vehicle and asked the loan officer about their lowest APR, and found out that they required a 780 FICO for it.  Kind of like the difference between getting a 91 or a 99 in a class, an A is an A. Some other factors you may want to consider before you make your choice:"}
{"_id": "557247", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://voxeu.org/article/credit-growth-and-global-crisis-new-narrative) reduced by 96%. (I'm a bot) ***** &gt; In a new paper, we also examine the evolution of mortgage debt and defaults during the credit boom and throughout the financial crisis and its aftermath, using individual-level data from the Federal Reserve Bank of New York Consumer Credit Panel.  &gt; While borrowers with low credit scores typically had higher default rates than those with higher credit scores, default rates for borrowers with higher credit scores rose substantially during the financial crisis.  &gt; The investor share of new delinquencies was close to 15% for all credit score quartiles throughout the credit boom and increases to 25%, 35% and 40% between 2006 and 2009 for credit score quartiles 2-4, respectively.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74jwyc/credit_growth_and_the_global_crisis_a_new/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~222899 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **credit**^#1 **score**^#2 **borrower**^#3 **quartile**^#4 **Mortgage**^#5\""}
{"_id": "557249", "title": "", "text": "Q1: Which is better option and provide good returns between FD and RD ?  There is no right or wrong answer here and depends on rates, convenience, exactness of duration, etc and other things. In general an FD would give you better return than RD. Q2: Am I liable to pay income tax on the interest earned ? If you have a NRE/NRO account you are not liable for tax on interest in India. Note you may still be liable to pay tax on this in the US"}
{"_id": "557259", "title": "", "text": "Interesting read. If that is true then residential neighborhoods are about to become a HOT investment in RE. If millennials do move out then this also could delay a subprime auto loan mini recession.  Edit: transportation into cities would increase and we haven't quite moved into the electric car market so this is a positive read for those in auto"}
{"_id": "557284", "title": "", "text": "I did not single out Scandinavia. The person answering my original comment to this thread did.   The fact that economists view the structure of the US economy as different from other developed economies is a fact. I can give you quotes once I get back to my books at home.   Yes. Supply of work force drives wages. If you take a look at the original - Wealth of Nations by Adam Smith - he also states that the fluctuating death rates of the workers is a natural part of economic cycles. Yet we would view this as brutal today.   Most of the developed world views having an underpaid unregulated illegal service class as basis of the economy as brutal and a form of slavery.   The people also want to come to the EU. They flock to the EU in bigger numbers than to the US. They are risking their lives trying to get to Europe along various routes. They drown in the Mediterranean by the thousands. They succumb at Sahara. They are at the hands of Turkish and Serbian criminal people smuggling gangs trying to get to EU through Greece. They try to breach the fence in Ceula by mass runs.  You may have not noticed this in world news, but there has been a migration of historic proportions going on to the EU for quite some time.  So why isn't there this underpaid illegal unregulated service class?   You tell me. I would sincerely like to know."}
{"_id": "557300", "title": "", "text": "Saving for retirement and actually retiring are 2 different things. It is always a good idea to keep some money away that you can't easily use. This allows you to create a large amount that acts as buffer for rainy day. Most countries have a special account to save for retirements, apart from giving tax benefits and effect of compounding, there are also laws that protect it from getting attached in case of default. For example if you at some point in time default on an obligation, the funds in normal savings account can be attached by court of law. However in certain countries funds in retirement account cannot be attached by court of law for your obligations. Thus always leaving you with funds."}
{"_id": "557301", "title": "", "text": "The Vegtrug Wall Hugger is flat on one side so it fits easily against walls, fences, and other vertical surfaces. Like the original, Vegtrug Planter provides a range of soil extent to suit the desire of both deep- and shallow-rooted edible. Vegetable Trug Planter design minimizes displeasure of bending over and helps keep pets and pests out. Flat on one side to fit even against walls and fences &amp; Blower Vac is in the crosshairs of many homeowners lately, and who can blame them? Garden Blower can be dangerously noisy as they endlessly stir up dust and leaves throughout neighborhoods everywhere."}
{"_id": "557324", "title": "", "text": "There are a few reasons, particularly for businesses. The first is opportunity cost. That chunk of money they have could be used to get higher returns somewhere else. If they can borrow from a bank at low interest rates to finance their ongoing operations, they can use their cash to get a higher return somewhere else. The second is credit rating. For public companies, ratings companies give high emphasis to companies with large reserves. This strengthens their ability to pay back the loan should it become necessary. A good credit rating in turn let's the company borrow money at lower rates. When a company can borrow money at low rates, it circles back to the first point where they can now put their reserves to better use. The third is leverage. Companies can use the cash they have built up to leverage into a larger investment. Assuming the investment works out, it will pay for the cost of borrowing over time. For instance let's say I have $1 million to invest. I can pay all cash for a $1 million apartment building or I can leverage that into a $3 million building. Assuming I run it well, the tenants will pay for the cost of borrowing $2 million and at the end of the term I'll be left with my $3 million building."}
{"_id": "557339", "title": "", "text": "No shit. The reason the Resource Curse myth exists is because of the strong correlation between resources and poverty which exists because Europe is resource-poor and high-IQ, and Africa is resource-rich and low-IQ. It has nothing to do with resources causing poverty except in an evolutionary perspective."}
{"_id": "557344", "title": "", "text": "\"&gt;Then, they would put them on whatever Java project as Java consultants/programmers. It was blatantly egregious.   Avanade did exactly that. They will hire freshly out of college people and put them on MSDN cert. track and as soon as they pass one test. (No training, it's all self study and most of them just memorized the test) They will pimp them out to the highest bidders. However, it seem to be the normal practice among consulting firms. Since they usually have someone higher up with experiences to oversee them. This isn't really my beef with them. How else can a jr. dev get more experiences.  It's the culture that you were talking about that really suck. They also lied to their clients and make up some numbers. It's about \"\"Chargeability\"\"!\""}
{"_id": "557350", "title": "", "text": "Yes definitely  Warren Buffet averaged returns of only around 21% throughout his 40 years in business.  ROE of 23% is probably more than double the ROE of most companies , whats more as the saying goes its easier to grow sales from 1 million to 100 million than to grow sales from 100 million to 10 billion"}
{"_id": "557355", "title": "", "text": "Just noticed that Our Agency -&gt; About us link on your website is dead. Also, if you need help with mobile/desktop html5 banners, feel free to PM me. I have 15+ years web dev experience with last 4+ years in mobile advertisement."}
{"_id": "557356", "title": "", "text": "\"There are two reasons why most options aren't exercised.  The first is obvious, and the second, less so. The obvious: An option that's practically worthless doesn't get exercised. Options that reach expiry and remain unexercised are almost always worthless bets that simply didn't pay off. This includes calls with strikes above the current underlying price, and puts with strikes below it. A heck of a lot of options. If an option with value was somehow left to expire, it was probably a mistake, or else the transaction costs outweighed the value remaining; not quite worthless, but not \"\"worth it\"\" either. The less obvious: An option with value can be cancelled any time before expiration. A trader that buys an option may at some point show a gain sooner than anticipated, or a loss in excess of his tolerance. If a gain, he may want to sell before expiry to realize the gain sooner. Similarly, if a loss, he may want to take the loss sooner. In both cases, his capital is freed up and he can take another position. And \u2014 this is the key part \u2014 the other end matched up with that option sale is often a buyer that had created (written) exactly such an option contract in the first place \u2013 the option writer \u2013 and who is looking to get out of his position. Option writers are the traders responsible, in the first place, for creating options and increasing the \"\"open interest.\"\"  Anybody with the right kind and level of options trading account can do this. A trader that writes an option does so by instructing his broker to \"\"sell to open\"\" a new instance of the option. The trader then has a short position (negative quantity) in that option, and all the while may be subject to the obligations that match the option's exercise rights. The only way for the option writer to get out of that short position and its obligations are these: Not by choice:  To get assigned. That is to say: a buyer exercised the option. The writer has to fulfill his obligation by delivering the underlying (if a call) to the option holder, or buying the underlying (if a put) from the option holder. Not by choice: The option expires worthless. This is the ideal scenario for a writer because 100% of the premium received (less transaction costs) is profit. By choice: The writer is free to buy back exactly the same kind of option before expiry using a \"\"buy to close\"\" order with their broker. Once the option has been purchased with a \"\"buy to close\"\", it eliminates the short position and obligation.  The option is cancelled.  The open interest declines. Options thus cancelled just don't live long enough to either expire or be exercised.\""}
{"_id": "557361", "title": "", "text": "Consider doing things that will allow for tax deductions, such as short selling. The IRS has regulations on this as well. And consider that Futures are taxed more favorably than other kinds of investments. (60% taxed as long term, 40% taxed as short term)"}
{"_id": "557369", "title": "", "text": "http://www.ftc.gov/bcp/edu/pubs/consumer/homes/rea08.shtm    &gt; lenders cannot: &gt; &gt;discourage you from applying for a mortgage or reject your application because of your race, color, religion, national origin, sex, marital status, age, or because you receive public assistance.  If the borrower is married the insurance policy is likely already in place and has been for years."}
{"_id": "557379", "title": "", "text": "\"People just don't think about the dangers of Direct Debit- just Internet search to easily find out about the huge amount of people that have had problems, companies taking too much, the wrong time etc, making them go overdrawn and into fees (\u00a330 for every bounced DD)& interest etc. Yes the DD guarantee IS useless, if you complain to your bank they almost invariably tell you to take it up with the company issuing the DD. Or if the bank even DOES (after much begging) get the money restored for you, did you know that the company can simply REINSTATE the DD amount and you'll have to go to your bank to get it reversed AGAIN. Banks have even admitted to distressed customers \"\"DD originators have every right to reinstate DD amounts if they believe they have an outstanding unpaid debt!!!!\"\" (And there was me thinking the money in my account was mine and what gets paid out is under my control- no longer true once you sign a DD mandate!) The astounding thing is that once anyone has got your sort code & AC no they can put it on eg any charity donation newspaper form and set up a DD- the bank doesn't check the signature or anything at all once the details are transmitted electronically to them by the charity's bank. (I learned this from someone who used to write DD software for banks). Please check out this very telling article http://news.bbc.co.uk/1/hi/7174760.stm The onus is on YOU to notice the payment you didn't authorise! That's how wide open the system is that the all powerful commercial banks have unleished on us permitted by our supplicant and negligent governments.  Moral of the story: Don't EVER give your AC details on DD mandates to ANY company you need to pay, use standing orders (which YOU have total control over) to pay them or electronic banking (where you ring your bank every time you get a bill) to transfer the money, or pay by cheque the bill at your bank branch or at a PO or by post. Carefully guard your AC numbers and watch your statements like a hawk every month.  One final point how do I manage to avoid DD (where I live in the UK) without being penalised? Answer: 1) My UK gas & elec ACs are with Scottish & Southern energy EQUIPOWER tariff which charges everyone the same low tariff HOWEVER they pay. 2) My landline phone- I ditched BT as soon as they started penalising and changed to Post Office homephone exactly the same service, copper telephone line & exchange equipment & IN ALL ASPECTS (line rental & free periods) CHEAPER than BT & no extra charge at all for paying by cheque at any post office- EVERY bill.3) Council Tax & Inland Revenue charge nothing extra for paying by cheue either at your bank, the PO or by post. 4) I don't bother with Gym membership- I just WALK a lot!, 4) I take the risk and don't bother with AA or home insurance as I am an engineer and able to forecast and carry out all my own home repairs and build in stiff burglary prevention measures, locks alarms etc.  Stop doing what you're told people- think about the possible downsides later when the commercial companies suggest to you ways of doing things that benefit them. Telling you the upsides but not the less obvious serious downsides.\""}
{"_id": "557392", "title": "", "text": "Inhibited Mono Ethylene Glycol Brine (Inhibited MEG) is used as an industrial coolant, antifreeze heat transfer fluid. The inhibitor package is designed to protect brass, copper, solder, steel, cast iron, aluminum and other metals commonly found in the industrial cooling and heating systems.  The effectiveness of Inhibited Mono Ethylene Glycol Brine (Inhibited MEG) in preventing corrosion has been proven in extensive laboratory and in actual service tests. Using Inhibited Mono Ethylene Glycol Brine (Inhibited MEG) for heat transfer applications instead of brine solutions or un-inhibited ethylene glycol reduces maintenance costs and improves heat transfer efficiency."}
{"_id": "557393", "title": "", "text": "They are networked machines and they talk to all the banks in order to look up the details of your account to provide you with that money. The protocol they use has known vulnerabilities.  A blackhat conference about 5 years ago they made one of the machines output money onto the street."}
{"_id": "557396", "title": "", "text": "\"To be fair, while he was harsh and over-critical, he was realistic.    Based on your vague wording (understandable, you think you have a unique proprietary idea) but the other stuff you mentioned, I don't think you can confidently say it'll make \"\"way over $200,000\"\".  It doesn't seem like you've done much research at all, have a business plan together, or any credible experience to evaluate your idea without personal bias.    Hope you continue to pursue it, but do your homework.  Learn how to put together a business plan, etc.  Because obviously if you came to an investor with your idea explained in the style of your original post, you'd more than likely be laughed off as a delusional kid.\""}
{"_id": "557425", "title": "", "text": "When I asked this particular question on a car forum recently, I got the following suggestions: When we bought our last car, we met with the seller in the DMV's parking lot as there generally is some police around and paid him cash. Here in NV the plates stay with the PO so you have to get it registered or a movement permit anyway before you can drive the vehicle so this worked out pretty reasonable and safe for both parties."}
{"_id": "557443", "title": "", "text": "\"A VERY civil sub is r/asktrumpsupporters.  As a non supporter or \"\"undecided\"\" you are only allowed to ask question and you can't make comments on posts that are statements, only clarifying questions that can't be top line, but it's good.    Edit: added details\""}
{"_id": "557457", "title": "", "text": "So far all insurances start from the perspective of the insurance taker. However, I find it much more intuitive to look from the perspective of the insurance giver: Note that the exact amount may differ, but management fees of a few dozen percent are quite realistic. Note that it is not as unreasonable as it may sound at first, some costs: And of course most insurance companies will want to keep some profit as well. If you are completely risk averse, typically it is only financial beneficial to get insurance if you have a significantly higher risk profile. Examples of this (not an expert on boats): Note that piece of mind may also be worth getting the insurance for, for instance if you frequently put others in the position to crash your boat, and don't want to create an awkward financial discussion when they do."}
{"_id": "557472", "title": "", "text": "I do disagree.  You're representing marketing and advertising as a form of deceit (you referred to it as manipulating), I see it an example of framing.  Making M&amp;Ms colorful or making commercials about anthropomorphic candies, or putting them in front of people doesn't strip those people of the ability to walk by without buying.    I also disagree that there is such a thing as the common good.  That idea necessarily implies that there are innate human needs that are objectively knowable.  There can be a *probable* common good, for example, the idea that doing drugs is harmful, but that isn't guaranteed to be the case.  There have been plenty of bright and productive people who have used one substance or another (Steve Jobs, Michael Phelps, Sigmund Freud, and many others), but not a *certain* common good.  When we start talking of forcing people or companies to behave one way or another, but cannot be certain that the course of action to be enforced is going to be beneficial to 100% of people, we have to address the ethical issue of who is responsible for any harm caused to innocent people in the process.    Will the scientists who published the studies take responsibility? Or the legislators?  I doubt it."}
{"_id": "557478", "title": "", "text": "\"with 150K \u20ac to invest to \"\"become a landlord\"\" you have several options: Pay for 100% of one property, and you then will make a significant percentage of the monthly rent as profit each month. That profit can be used to invest in other things, or to save to buy additional properties. At the end of the 21 years in your example, you can sell the flat for return of principal minus selling expenses, or even better make a profit because the property went up in value. Pay 20% down on 5 flats, and then make a much a smaller profit per flat each month due to the mortgage payment for each one. At the end of the 21 years sell the flats. Assuming that a significant portion of the mortgage is paid off each flat will sell for more than the mortgage balance. Thus you will have 5 nice large profits when you sell. something in between 1 and 5 flats. Each has different risks and expenses. With 5 rental properties you are more likely to use a management company, which will add to your monthly cost.\""}
{"_id": "557498", "title": "", "text": "\"I have been trying to find information about how banks \"\"create\"\" money by giving out loans while only having a portion of the money to lend.  And any broader implications this may have (ie, all new money is debt?).  And the implications of the the government increasing or decreasing the required reserve amount.  I hope I explained that in a coherent way.  BTW, I love the investopedia videos.  If you can in any way emulate that technique, it should be a hit.  good luck.\""}
{"_id": "557506", "title": "", "text": "\"From a purely financial standpoint (psychology aside) the choice between paying off debt and investing on risky investments boils down to a comparison of risk and reward.  Yes, on average the stock market has risen an average of 10% (give or take) per year, but the yearly returns on the S&P 500 have ranged from a high of 37.6% in 1995 to a low of -37% in 2008.  So there's a good chance that your investment in index funds will get a better return than the guaranteed return of paying off the loan, but it's not certain, and you might end up much worse.  You could even calculate a rough probability of coming out better with some reasonable assumptions (e.g. if you assume that returns are normally distributed, which historically they're not), but your chances are probably around 30% that you'll end up worse off in one year (your odds are better the longer your investment horizon is).  If you can tolerate (meaning you have both the desire and the ability to take) that risk, then you might come out ahead.   The non-financial factors, however - the psychology of debt, the drain on discretionary cash flow, etc. cannot be dismissed as \"\"irrational\"\".  Paying off debt feels good.  Yes, finance purists disagree with Dave Ramsey and his approaches, but you cannot deny the problems that debt causes millions of households (both consumer debt and student loan debt as well).  If that makes them mindless \"\"minions\"\" because they follow a plan that worked for them then so be it. (disclosure - I am a listener and a fan but don't agree 100% with him)\""}
{"_id": "557523", "title": "", "text": "\"&gt; the single mother will still have substantially more combined income from welfare and earnings by holding a minimum-wage job than by relying only on welfare.  And way less time to take care of her children... and a huge expense to put her kids in child care.  Got it? So, there's a welfare poverty trap and many \"\"professionals\"\" taking advantage of it.\""}
{"_id": "557532", "title": "", "text": "You would have to collect an awful lot to make it profitable. The melting process alone will cost an arm and a leg. Go silver hunting with rolls of Half dollars. You might strike it lucky with rolls of Kennedy's. Its good fun too :) 1964 Kennedy's 90% silver 1965-1970 Kennedy's 40% silver I go looking on ebay collecting for typo errors on pre 1920's British silver coinage. Picked up a George 3rd 1816 Shilling for \u00a33....worth \u00a330....but even if your doing it just for the silver content, you can pick up a real bargain. Just think of how your going to offload them. Here in the UK its easy because there is a huge market for Numismatic coins."}
{"_id": "557547", "title": "", "text": "you can actually send them an email and they will lift the pending balance. I have tried it and they were able to help me. Goodluck"}
{"_id": "557550", "title": "", "text": "First, currencies are not an investment; they are a medium of exchange; that is, you use currency to buy goods and services and/or investments. The goods and services you intend to buy in your retirement are presumably going to be bought in your country; to buy these you will need your country's currency. The investments you intend to buy now require the currency of whatever country they are located in. If you want to buy shares in Microsoft you need USD; if you want shares in BHP-Billiton you need AUD or GBP (It is traded on two exchanges), if you want property in Kuwait you need KWD and if you want bonds in your country you need IDR. When you sell these later to buy the goods and services you were saving for you need to convert from whatever currency you get for selling them into whatever currency you need to buy. When you invest you are taking on risk for which you expect to be compensated for - the higher the risk you take the better the returns had better be because there is always the chance that they will be negative, right down to losing it all if you are unlucky. There is no 100% safe investment; if you want to make sure you get full value for your money spend it all right now! If you invest overseas then, in addition to all the other investment risks, you are adding currency risk as well. That is, the risk that when you redeem your investments the overseas currency will have fallen relative you your currency. One of the best ways of mitigating risk is diversification; which allows the same return at a lower risk (or a higher return at the same risk). A pure equity portfolio is not diversified across asset classes (hopefully it is diversified across the equities). Equities are a high risk-high yield class; particularly in a developing economy like Indonesia. If you are very young with a decades long investment horizon this may be OK but even then, a diversified portfolio will probably offer better rewards at the same risk. Diversifying into local cash, bonds and property with a little foreign equities, bonds and property will serve you better than worrying about the strength of the IDR. Oh, and pay a professional for some real advice rather than listening to strangers on the internet."}
{"_id": "557557", "title": "", "text": "\"I'm not conflating trust of the issuer with trust of the \"\"bank\"\". I don't trust either. In addition, there are structural issues with bitcoin that are untenable. Now, I'm not saying there's no promise in cryptocurrencies but they are not a panacea for a frictionless world currency in place of paper money. I'm glad it has utility for you personally.\""}
{"_id": "557571", "title": "", "text": "If you have not already hired another caterer, potentially your best solution might be to try and work out something with these folks. Presuming of course that they still have access to their equipment, dishware, etc, and to the extent that what you have paid might cover their labor, equipment use etc there might be some way for them to provide the services you have paid for, if you pay for materials such as the food itself directly . This presumes of course that it's only the IRS that they stiffed, and have not had most of their (material) capital assets repossessed or seized.  and you still trusted them enough to work out something. Otherwise as Duff points out you will likely need to file a small claims lawsuit and get in line with any other creditors."}
{"_id": "557573", "title": "", "text": "Try this site for the funds http://www.socialinvest.org/resources/mfpc/ I'm not aware of any etfs. I'm sure some exist though."}
{"_id": "557579", "title": "", "text": "It completely varies by manufacturer, dealer, and time of year, but in general yes, you can get a (sometimes significant) discount on brand new last year models.  In general though, it comes down to supply and demand. As an example, in April 2016 I was looking at a brand new 2016 in which the 2017 model had come out that week (I thought April was a little early for next year's model but sometimes that's a marketing tool). The sticker price of the 2017 was only $100 more than the 2016, but the 2016 was selling for $3K under MSRP, and the 2017 was selling at exactly MSRP since they only had 2 in stock."}
{"_id": "557580", "title": "", "text": "I have a degree in Finance and thought I would enjoy a job in personal finance.   I was wrong.  If you enjoy people, speaking on the phone, and selling constantly then you'll love financial services. If you dont mind working many hours in a high paced, stressful job then investment banking may be your thing. If you are more of a numbers guy then you should concentrate on corporate finance, possibly get your CFA or some other such accreditation. If numbers are your thing you may also enjoy accounting or being an actuary.   If I were you, I would stick with engineering. But that's just me. Take my opinion with a grain of salt."}
{"_id": "557582", "title": "", "text": "Absolutely.  There is no requirement that an option be in-the-money for you to close out a position.   Remember that there are alwayes two sides to a trade - a buyer and a seller.  When you bought your option, it's entirely possible that someone else was closing out their long position by selling it to you."}
{"_id": "557599", "title": "", "text": "One should also point out that you make a major assumption in that the high of the day doesn't occur on a gap up in morning trading. It's unlikely that you'd fill at a reasonable price, thereby throwing your strategy into disarray."}
{"_id": "557603", "title": "", "text": "\"Employers withhold at rates specified in Circular E issued by the IR. You can request that  additional money be withheld (not an issue here) or you can have  reduced withholding by claiming additional allowances on a W-4 (i.e.,  more than just for you and spouse and dependents) if you believe that  this will result in withholding that will more closely match the tax due.  (Note added in edit):Page 2 of the W-4 form has worksheets that can be used to figure out how many additional allowances to request. Also, I wonder if your withholding will be 37% or final tax bill be  26% of your adjusted gross income.  The tax brackets are the tax  on marginal income. If you are in the 28% tax bracket, you owe 28 cents in tax for each additional dollar of income, not 28 cents in tax for every dollar of income.  Your overall tax might well be less than 20% of your income.  As a specific example, in 2011 a married taxpayer filing jointly would be in the  (highest) 35% tax bracket if the taxable income was $379,150 or more (marginal tax rate of 35% is applicable to every dollar more than $379,150) but the tax on  $379,150 itself works out to be $102,574 or 27.05% of the taxable income. So if you do expect to be earning around $350K or more in salary between now and December 31 to hit that 26% that you expect you will owe, you might want to consider paying a tax accountant for advice on how to fill out your W-4 form for your new employer rather than relying on an Internet forum such as this for free advice. Note added in edit:  Your comment \"\"... it is a cocktail of ... federal taxes, state taxes, local taxes, health care ...\"\" on the earlier version of my answer does raise the question of whether you want your employer to withhold 26% instead of 37% and have the money go to meet all these obligations or just 26% towards your Federal income tax liability only. The Federal W-4 form affects only how much money is withheld from your paycheck and sent to the US Treasury.  Some of the money that each of your employers withholds (Social Security and Medicare taxes) is not affected by what you put down on  the W-4 form.  Now, if you hold two jobs and the total income shown on your W-2s is larger than the SS limit, you will  have had too much Social Security taxes withheld, and the excess will be a credit towards your Federal income tax liability.  You have self-employment income too on which you owe Social Security and Medicare taxes and you are making estimated tax payments. The excess Social Security tax payment can count towards this too (as well as income tax on your Schedule C income).  Thus, if your new employer is withholding too much, you might be able to skip making the fourth quarterly payment of estimated tax or make a reduced payment (there is no requirement that the four installments  must be equal).  In short, there are lots of ramifications that you need to take into account before deciding that 26% is the right number. Instead of filling out a W-4  all by yourself right away, I strongly recommend  reading up a lot on income taxes, or play with a tax preparation program (last year's version will do a pretty good job of at least getting you in the right ballpark), or consult with a tax accountant.\""}
{"_id": "557605", "title": "", "text": "\"1. That is some left leaning editorial in the title.  2. (Amateur opinion following) He bought the bonds on a huge discount on this very bet; that he could strong-arm Argentina into paying the full value by standing firm and making the only other option a default. It was kind of like a game of chicken where  the fact that S&amp;P called a default is actually pretty bad for him. Now the Argentinians are like \"\"our rep is shot, what do we gain from paying you a cent?\"\"\""}
{"_id": "557607", "title": "", "text": "Just to clarify things: The Net Working Capital is the funds, the capital that will finance the everyday, the short term, operations of a company like buying raw materials, paying wages erc. So, Net Working Capital doesn't have a negative impact. And you should not see the liabilities as beneficial per se. It's rather the fact that with smaller capital to finance the short term operations the company is able to make this EBIT. You can see it as the efficiency of the company, the smaller the net working capital the more efficient the company is (given the EBIT). I hope you find it helpful, it's my first amswer here. Edit: why do you say the net working capital has a negative impact?"}
{"_id": "557611", "title": "", "text": "Why would you regress prices?  Correlation should alway be based on returns. Daily return correlation is around 0.8 last I checked. Of course this is backward looking. Correlation of VIX to next month returns is pretty low. I haven't checked shorter timeframes though."}
{"_id": "557630", "title": "", "text": "It doesn't matter. A convert can be recreated by using other instruments, so it can never be removed from the market. Kind if like an Asian market which tried to remove options or futures or some exotic derivative. Investors just created synthetic positions with the same properties."}
{"_id": "557647", "title": "", "text": "Depending on what software you use. It has to be reported as a foreign income and you can claim foreign tax paid as a foreign tax credit."}
{"_id": "557662", "title": "", "text": "Yes, I read those links.  I also read Edmunds' other blogs about the car.  I also watched the CR talking cars episode about it.  Which is why I recognize that they were very favorable.  Both entities loved the car, kept the car longer than they normally keep their cars, and were sad to see them go.  Edmunds found that the car's depreciation was significantly below average.  Both entities had issues with their car which were fixed for free and with as little trouble as possible and a high level of service.  CR stresses that their reliability survey of customers shows the Model S to be average reliability, not below average, and this is for a early production car from a new manufacturer.  Edmunds stresses that many of the problems were ones which were fixed on their car and the fixes have been applied to all later production cars.  And neither of them are anything but positive about the driving experience.  Perhaps you should read them again, instead of reading the one quote the page-click-driven media has chosen for you from them."}
{"_id": "557677", "title": "", "text": "Also to add to my other point you don't give more money to someone who can't use the money they already have wisely. For example a friend borrows your money to pay his rent and he blows it all on alcohol and cigarettes and when he asks you for more you don't give more to him you direct him to a place where he can solve his problems. The same needs to happen with the US, the money they recieve now is more then enough to run the country."}
{"_id": "557685", "title": "", "text": "A fair number of micro-finance organisations have been listing recently and appear to be offering good yields.  So you could simply buy their stock rather than investing directly. SKS is an Indian micro-financier that went public just a few weeks ago. The interest rates charged can be extremely high to match the low yield per lender.  As has been mentioned, Kiva doesn't return interest to the lender.  However, Kiva doesn't lend directly either.  They on-lend to local microfinanciers who will lend at whatever interest rate the local market will bear. The range of interest rates applied to micro-credit loans can be chilling.  45% to 85% in Africa, 30% in India and a jaw-dropping 155% in Mexico. However, these high rates of return have attracted an absolute stampede of investors. In Mexico more than 300 micro-credit banks compete for business. Chuck Waterfield, the founder of MicroFinance Transparency, is concerned that there is an unsupportable bubble. Lenders are starting to take out more loans than they can afford and banks are doing little to curb that appetite for debt.  Sound familiar? So, you may not want to lend directly, but definitely consider looking at listed microfinanciers in places like Brazil and India.  As usual, though, study the company carefully."}
{"_id": "557691", "title": "", "text": "\"Two things here:  1. They (and all companies and people) should be honest and transparent about what they're doing.  2. Like almost all the privacy and tech issues there's a convenience/intrusiveness line that's constantly in flux.   Uber wasn't trying to track everybody post ride for fun, they were trying to model future demand for cars before somebody punched in they needed a ride.   You can imagine all kinds of events like pro sports, concerts, festivals, etc. that could cause spikes in demand, which lead to:  - Long waits (which people hate) - Surge pricing (which people hate)  So they have algorithms that look and \"\"see\"\" -&gt; There's a 20x increase in density of Uber users in this 3 block radius of downtown that started 1 hour ago, we predict with a 80% confidence based off past behavior that we'll need more drivers in that area in the next hour.  They're 100% doing this so that when you check Uber and it says the wait is 5 minutes for a car, and when you look at Lyft and it says 10 that you'll use them.   Yeah, it's kind of creepy, but we're all making the choice to carry a GPS enabled microphone and camera within arms reach 24/7. What Uber's doing is not much different than FindMyPhone apps, Google Now, and lots of other systems.\""}
{"_id": "557698", "title": "", "text": "How about a serious update, the place hasnt changed much since I was in 2nd grade and I'm 34 now. With global warming and the way our oceans are threatened you could see the highest yoy growth ever. C'mon get with the times, tell us about the sea!"}
{"_id": "557704", "title": "", "text": "If you wait to pay it off until you are required to in order to avoid interest (the end of the 'grace period'), then you are receiving what's known as a 'float' - basically, you have some money earlier than you would otherwise.  Banks and other companies profit substantially from floats (such as when banks take your deposited check and put a seven day hold on it) by investing that money in money-making activities and not allowing you to use it until later.   As an individual, particularly if you're not a frequent investor, you typically benefit less than a bank would from a float, since you have less options for investing that money with a short turnaround.  Technically speaking it's sort of like you're getting a constant advance on your paycheck 21-40 days; so in that sense, you benefit because you get to have that stuff (television, food, whatever you're buying on credit) a month or so before you have to pay for it, and you get a month or so's benefit from it. So, yes, you get a small benefit from paying your bill when it's due and not prepaying.  Whether that benefit is worth the potential downsides (forgetting to pay and accruing interest) depends on your habits."}
{"_id": "557734", "title": "", "text": "Yes, you will come out ahead slightly by putting the money in the savings account, then paying off your mortgage later.  However, we don't know what will happen to these interest rates after 1 year. If you put the \u00a3300 per month into the savings account for a year, then put the money into you mortgage, you will save about \u00a378 for the year over just putting the money toward your mortgage in the first place.  For me, I'm more concerned about longer term strategy. What happens to your mortgage rate after 2 years? What happens to your savings account rate after 1 year? The mortgage rate likely goes up and the savings account rate likely goes down, making the savings of this strategy even less after the first year. Instead, you may want to put this \u00a3300 per month toward retirement investments (assuming you have no other debt), which should, over the long term, earn more than the savings account."}
{"_id": "557737", "title": "", "text": "\"&gt; Is it ever not booming?  Even after the USSR broke apart and Russia withdrew 1/2 million troops from eastern Europe -- even then Bill Clinton was not permitted to cut the Pentagon's budget.  The only thing that Clinton could do is to have small Pentagon budget increases, increases smaller than the rate of inflation.  We live in a war-loving nation. :(  &gt; \"\"Were the Soviet Union to sink tomorrow under the waters of the ocean, the American military-industrial establishment would have to go on, substantially unchanged, until some other adversary could be invented. Anything else would be an unacceptable shock to the American economy.\"\" -- US ambassador to the USSR and State Dept. strategist George F. Kennan.\""}
{"_id": "557758", "title": "", "text": "Financial advice from good advisers sounds a good idea.  Talk to two or three before taking their advice... their services and advice are surprisingly and sometimes alarmingly diverse.  Gaining money from renting out property is harder than it seems and 10% sounds very ambitious after all costs. Buying abroad especially is a challenge to make money on.. You need to be lucky, and have a strong flair to do it despite all. Bear in mind santander pay 3% on current accounts by the way. Have you ever thought about living abroad somewhere stable or cheap or downsizing. A part time job or low pressure job might top up a limited pension for long enough to find a long term solution while giving you the feeling of starting retirement. Just some thoughts... think it through carefully .. weigh the risks.. be realistic and good luck. Jonjo"}
{"_id": "557770", "title": "", "text": "As another answer started, this information comes straight from an exchange and generally costs a fortune . . . However things change: IEX, a new exchange, recently opened and they are offering real time bid/ask data for free. Here's the API description: https://www.iextrading.com/developer/ This data should be good for active securities, but for securities less actively traded the numbers might be stale."}
{"_id": "557771", "title": "", "text": "Burt Process Equipments pH Plus family (pH Neutralization Systems) are engineered, integrated and completely prepackaged units with automatic controls and instrumentation designed for ease of installation and maximum reliability. These pH Neutralization Systems provide completely automatic pH Neutralization of wastewater. The compact design of offers a minimum size footprint and minimum installation expense. Due to the integrated design of the pH Neutralization Systems it only can influent, effluent, and vent piping along with electrical line power connections are required in the field"}
{"_id": "557782", "title": "", "text": "When I was in high school I worked in the kitchen of a locally based fast food restaurant that happened to be the concept store where new technologies were tested and evaluated to see if they would be a good fit for the rest of the restaurants. One of them was a system called Bob with many screens that detected cars entering the parking lot and told you when and what to start making. So many lights and sounds and demanding computer voices coming from the ceiling, it was like working in mission control"}
{"_id": "557788", "title": "", "text": "&gt; After Lee signed the contract, Makhnevich drained his tooth and, on a subsequent visit, put in a filling, charging $4,800  In New Zealand that would cost me about $250. Maximum.  Your country is 100% pure fucked."}
{"_id": "557789", "title": "", "text": "Nothing happens on Trump's watch without the Trump family getting a piece.  That's his guiding ethos.  Let someone do profit-taking on essential government functions and make sure a little bit makes it back to the Von Trump family one way or another."}
{"_id": "557799", "title": "", "text": "&gt;  But, walmart pays way more than what it's employees are using.  Most employers pay more than their employees are using.  What is your point?  You actually think $7.1B went directly into welfare, or do you think that just maybe some of it went to pay for the military, debt payments, etc?  &gt; You don't like big business.   Nice strawman.    &gt; so no cost at all is passed to the taxpayers  This is like saying if i get a 99% credit on my taxes, i have paid my fair share.  I mean i paid more than i took out of the system.  That's fair right!"}
{"_id": "557801", "title": "", "text": "Writing a promissory note will be sufficient. Presumably the money will be transferred on or near the date that the loan is signed, and the repayments will follow the pattern prescribed in the note. The IRS is only skeptical of family loans if there is no documentation to support the claim."}
{"_id": "557811", "title": "", "text": "\"&gt; Interests change. So do careers.   Of course. A janitor can become a landscaper, a teacher with teaching diplomas can end up as an accountant, an actor can become a great president of the USA (Ronald Reagan) and a business man can also become a great president of the USA (Trump!)  However, do you understand that Information Security is a highly specialized technical engineering field that requires tons of specific knowledge and understanding of technologies, protocols, cryptography, database, etc, etc, etc?  There's no way that Ronald Reagan, Trump or Susan can become a Chief Info Security officer, medical surgeon, rocket scientist, or even a Rabbi. Am I right?   These professions require many many years of specialized studies, residency/apprenticeship to get experience and dedication from the start to a life-long narrow and specialized field.  You don't need to be brilliant with specialized knowledge to be an accountant, actor, president of the USA, janitor or even a \"\"Vice president of sales\"\".  &gt; Undergrad is meaningless at that level and point in career.  This is not the point, and I said it already 18 times: I will hire a music major if they have the experience and knowledge needed for an unrelated job.  There's almost zero chances the Music major or Fashion major is the type to be an expert in security, so knowledgeable as to become the CHIEF Information Security Officer.  **And, again, based on the recent interview with Susan and her answers, anybody, even non-experts, can tell she has no clue about security.**  &gt;&gt; I also never agreed that she got the job due to connections:  &gt; So give me a possible way how Susan got her job.  Can you answer and guess the answer?  As for HR and contractors:  &gt;  Contractors give flexibility to staff up for projects and down again as conditions dictate, and are paid higher rates to compensate for the impermanence.  If contractors are more expensive than in-house employees, nobody will use contractors.  Trust me!!!! I also have to hire and work with contractors, in IT, where they really get paid well. They get ZERO benefits, ZERO bonuses, ZERO security, and many in-house employees in similar jobs, per-hour, get paid much more if you account their bonus, medical insurance, facilities, severance packages, training, etc, etc.\""}
{"_id": "557820", "title": "", "text": "My plan is that one day I can become free of the modern day monetary burdens that most adults carry with them and I can enjoy a short life without these troubles on my mind. If your objective is to achieve financial independence, and to be able to retire early from the workforce, that's a path that has been explored before. So there's plenty of sources that you might want to check.  The good news is that you don't need to be an expert on security analysis or go through dozens of text books to invest wisely and enjoy the market returns. This is the Bogleheads philosophy. It's widely accepted by people in academia, and thoroughly tested. Look into it further if you want to see the rationale behind, but, to sum it up: It doesn't matter how expert you are. The idea of beating the market, that an index fund tracks, is about 'outsmarting' the rest of investors. That would be difficult, even if it was a matter of skill, but when it comes to predicting random events we're all equally clueless.  *Total Expense Ratio: It gives an idea of how expensive is a given fund in terms of fees. Actively managed funds have higher TER than indexed ones. This doesn't mean there aren't index funds with, unexplainable, high TER out there."}
{"_id": "557838", "title": "", "text": "Yes, of course there's a fundamental difference between legislation and business practices. But what you just described is the very definition of a globalist:  &gt;a person or organization advocating or practicing operations across national divisions  If you talk a big game about restricting people from coming to one place, while you work a business that makes money from everyone all over the world, you're still a globalist.  A true anti-globalist leader would do all of his business inside of his chosen country, and would go out of his way to not rely on external markets."}
{"_id": "557852", "title": "", "text": "My point of view is that monopolies happen because politics (whether that's politicians, trade boards, or oversight committies) allows them to occur. It's a failure of politicians in allowing it to happen, not a failure in business (as they're just pursuing their profits). When business started to interfere in politics to gain market advantages, that's when monopolies started to form. Competitive marketplaces are self-sustaining unless you create the conditions for monopolies to form.  Once you legalize what price you sell a good at you're going down a slippery slope of communism. It's a free market and companies should be able to freely sell a good at whatever price they want. If other companies can't compete in the market at that price then they aren't as efficient as the other company and it would hurt the economy in the long run to have them operating at higher costs than similar companies who can do it better.  I didn't say that the **only** exit for a startup is acquisition but I digress... The reality is that the tech market is dominated by large businesses who meddle in politics to maintain their position ([such as Google and Apple colluding in hiring practices](http://pando.com/2014/03/22/revealed-apple-and-googles-wage-fixing-cartel-involved-dozens-more-companies-over-one-million-employees/). This is bad for everyone and especially for startups and needs to be redesigned so that startups and big companies alike can competitively challenge each other in the tech sectors.  I think we're arguing for roughly the same thing but it seems that it's a different between equality vs equity (I might be wrong however)."}
{"_id": "557859", "title": "", "text": "Well, they are 'entry level' jobs in the sense that they are the first jobs you get after walking in the door. But in the sense that these jobs are going to lead to something significantly better paying for any but a very few, there is nothing 'entry level' about them. If you work for crap wage at McD's or Walmart in 2000, you are probably going to be working for crap wage at McD's or Walmart in 2014."}
{"_id": "557861", "title": "", "text": "You should consider Turbocash. It's a mature open-source project, installed locally (thick client)."}
{"_id": "557862", "title": "", "text": "You will have to read your credit card's terms and conditions to determine exactly how this is handled for your card, but for my Discover this is handled as a purchase (at the Purchase APR), not as an advance. The benefits description is specific: Get cash where you shop the most They have a long list of stores (mostly grocery stores) that participate.  Your credit card will have a similar page and similar list."}
{"_id": "557865", "title": "", "text": "No financial interest means that you have signing authority over the account, but you don't own the money in it and aren't allowed to withdraw from it at will. One example would be a business account owned by a company where you're employed as a purchasing manager, and you need to sign checks drawn on that account to pay invoices. FBAR doesn't care about income -- it just wants to know about every account that you having signing authority over."}
{"_id": "557870", "title": "", "text": "\"A credit card is a way to borrow money. That's all. Sometimes the loans are very small - $5 - and sometimes they are larger. You can have a credit card with a company (bank or whatever) that you have no other relationship with. They're not a property of a bank account, they are their own thing. The card you describe sounds exactly like a debit card here, and you can treat your Canadian debit card like your French credit card - you pay for things directly from your bank account, assuming the money is in there. In Canada, many small stores take debit but not credit, so do be sure to get a debit card and not only a credit card. Now as to your specific concerns. You aren't going to \"\"forget to make a wire.\"\" You're going to get a bill - perhaps a paper one, perhaps an email - and it will say \"\"here is everything you charged on your credit card this month\"\" along with a date, which will be perhaps 21 days from the statement date, not the date you used the card. Pay the entire balance (not just the minimum payment) by that date and you'll pay no interest. The bill date will be a specific date each month (eg the 23rd) so you can set yourself a reminder to check and pay your bill once a month. Building a credit history has value if you want to borrow a larger amount of money to buy a car or a house, or to start a business. Unlike the US, it doesn't really have an impact on things like getting a job. If you use your card for groceries, you use it enough, no worries. In 5 years it is nice to look back and see \"\"never paid late; mostly paid the entire amount each month; never went over limit; never went into collections\"\" and so on. In my experience you can tell they like you because they keep raising your limit without you asking them to. If you want to buy a $2500 item and your credit limit is $1500 you could prepay $1000 onto the credit card and then use it. Or you could tell the vendor you'd rather use your debit card. Or you could pay $1500 on the credit card and then rest with your debit card. Lots of options. In my experience once you get up to that kind of money they'd rather not use a credit card because of the merchant fees they pay.\""}
{"_id": "557877", "title": "", "text": "\"This answer relies on why you are holding shares of a company in the first place. So let's address that: So does this mean you would like to vote with your shares on the directions the company takes? If so, your reasons for selling would be different from the next speculator who only is interested in share price volatility. Regardless of your participation in potential voting rights associated with your share ownership, a different reason to sell is based on if your fundamental reasons for investing in the company have changed.  Enhancements on this topic include: Trade management, how to deal with position sizes. Buying and selling partial positions based on price action while keeping a core long term position, but this is not something \"\"long term investors\"\" generally put too much effort in. Price targets, start your long term investment with a price target in mind, derived from a future market cap based on your initial fundamental analysis of the company's prospects. And finally, there are a lot of things you can do with a profitable investment in shares.\""}
{"_id": "557885", "title": "", "text": "For reporting purposes, I would treat the purchase and sale of gold like a purchase and sale of a stock. The place to do so is Schedule D. (And if it's the wrong form, but you reported it, there is might not be a penalty, whereas there is a penalty for NOT reporting.) The long term gain would be at capital gains rates. The short term gain would be at ordinary income rates. And if you have two coins bought at two different times, you get to choose which one to report (as long as you report the OTHER one when you sell the second coin)."}
{"_id": "557897", "title": "", "text": "Damn. I was just in AC last Oct for the three Phish shows. Place is a total dump, but Phish always tries it's best to help and bring in a ton of business. Phish, Dave Matthews, and Metallica have all had huge concerts there, but there doesn't seem to be much hope for the city. It's a shame because Boardwalk Hall is one of the best indoor venues I've seen a show in."}
{"_id": "557902", "title": "", "text": "\"Yeah I skimmed through each bureau's price page. Like I said \"\"most\"\" people will be the prices I mentioned. Some states are a bit lower, some are free for one lock, some are free or discounted for some above the age of 65. My state has no free unlocks like most of the states.\""}
{"_id": "557921", "title": "", "text": "Three important things worth remembering about Kelly when applied to real world edges: 1) Full Kelly staking is gut wrenchingly volatile. While it maximises the growth of the bankroll, it does so in a way that still leaves you very likely to experience massive (50%+) reductions in capital. Most long terms users of Kelly tend to stick in the 1/4 to 1/2 Kelly unit range to try and stay sane and retain a margin of error. See below for how large the typical swings can be with full Kelly:  2) Garbage in, garbage out. If you are making errors in pricing your actual edge, Kelly becomes very wrong very fast, easily leading you to a high chance of ruin if you are over estimating your true edge. As most people do massively over estimate their edges, Kelly simply pushes them far into territory where risk of ruin is high. 3) A Kelly user prefers to back likely outcomes over non likely ones, even to the point where they prefer a smaller % edge if the chances of winning are better. Compare the below comparison of growth between two betting scenarios (decimal odds, so for the percantage chances do 1/odds):  In this case, despite the percentage edge on the red bet being higher than that of the green, in terms of bankroll growth it ends up only being roughly as good to a kelly gambler as the smaller edge on the more likely event. This has an obvious effect on the types of edges you should be seeking out if given choices between liklihoods."}
{"_id": "557929", "title": "", "text": "&gt;Pyramid schemes are illegal in many countries or regions including Albania, Australia,[20][21] Austria,[22] Belgium,[23] Brazil, Canada, China,[24] Colombia,[25] Denmark, the Dominican Republic,[26] Estonia,[27] Finland,[28] France, Germany, Hong Kong,[29] Hungary, Iceland, Iran,[30] the Republic of Ireland,[31] Italy,[32] Japan,[33] Malaysia, Maldives, Mexico, Nepal, the Netherlands,[34] New Zealand,[35] Norway,[36] Peru, Philippines,[37] Poland, Portugal, Romania,[38] Russian Federation, Serbia,[39] South Africa,[40] Spain, Sri Lanka,[41] Sweden,[42] Switzerland, Taiwan, Thailand,[43] Turkey,[44] Ukraine,[45] the United Kingdom,[46] and the United States.[7]  https://en.wikipedia.org/wiki/Pyramid_scheme"}
{"_id": "557957", "title": "", "text": "I called the IRS and they stated it may take up to 45 days to withdraw the cash, but the proceeds would be applied on the date of the filing (Or when the amount was stated to be debited). Federal and State taxes differ in timelines but as long as deadlines are met and proof exists IRS does not penalize."}
{"_id": "557961", "title": "", "text": "\"Firstly, if a stock costs $50 this second, the bid/ask would have to be 49/50.  If the bid/ask were 49/51, the stock would cost $51 this second.  What you're likely referring to is the last trade, not the cost.  The last trading price is history and doesn't apply to future transactions. To make it simple, let's define a simple order book.  Say there is a bid to buy 100 at $49, 200 at $48, 500 at $47.  If you place a market order to sell 100 shares, it should all get filled at $49.  If you had placed a market order to sell 200 shares instead, half should get filled at $49 and half at $48.  This is, of course, assuming no one else places an order before you get yours submitted.  If someone beats you to the 100 share lot, then your order could get filled at lower than what you thought you'd get.  If your internet connection is slow or there is a lot of latency in the data from the exchange, then things like this could happen.  Also, there are many ECNs in addition to the exchanges which may have different order books.  There are also trades which, for some reason, get delayed and show up later in the \"\"time and sales\"\" window. But to answer the question of why someone would want to sell low... the only reason I could think is they desire to drive the price down.\""}
{"_id": "557967", "title": "", "text": "You're looking for the amortization calculation. This calculation is essentially solving for the series of cash flows that will yield a zero balance after the specified term, at the given rate for a loan amount. Once you have solved for the payment amount, you can add additional principal amount to each payment period and see the interest payments and time to zero balance drop."}
{"_id": "557972", "title": "", "text": "As if government regulation has some kind of technical juristiction over bitcoin. But then maybe you're one of those people that believe it's impossible to buy weed in this country (or indeed any other).  And they lock people up in jails for *that*!"}
{"_id": "558005", "title": "", "text": "Bank accounts?  It is worse than that.  People are afraid to invest in bank accounts. Did you see the bit when German government bonds hit a negative interest rate recently? (As in you buy a bond and in five years time the government promises to give nearly all of it back)"}
{"_id": "558007", "title": "", "text": "Ok, so A &gt; B = $3, and A &lt; B = $4.25, so A gets + $1.25 which they use towards their debt?  Can you buy interest rate swaps from a brokerage? Can individuals enter into swaps, and bet rates will go higher?"}
{"_id": "558011", "title": "", "text": "So whoring ourselves out by charming men, great, lets not just be ourselves  I refuse I will be me if that is enough I don't give a damn  When exactly will women NOT be sex objects? Exactly when? And why do women do this, why did Madeline have to do this?  Come on, going to be a tough meeting, wear that nice little tight number to make the fellas happy NOT ME NOT ME  I WILL DIE FIRST"}
{"_id": "558042", "title": "", "text": "Yahoo's primary business isn't providing mutual fund performance data.  They aim to be convenient, but often leave something to be desired in terms of completeness. Try Morningstar instead.  Their mission is investment research. Here's a link to Morningstar's data for the fund you specified.  If you scroll down, you'll see:"}
{"_id": "558048", "title": "", "text": "Here's one source. http://www.academia.edu/4210419/Can_climate_models_explain_the_recent_stagnation_in_global_warming There are quibbles over whether the models are outside the 90,95, 98% range, but it's not controversial that they have failed to accurately predict the pause.  BTW, I have a surprising amount of upvotes on this thread for someone who is posting reddit heresy.  I'm a little up on total karma, surprisingly."}
{"_id": "558057", "title": "", "text": "yes.   you can take out 500,000 form your paid of house.  you pay back 500,000 at 3.5. percent.       you do get a tax break for not owning your house.  it is less then 3.5 you are paying back the back. about one forth of that, BUT you take the 500,000 in invest.   Now cd low 1 percent,  stock is risky.    You can do REIT, with are about 8 to 12  every year. so even at 8 - tax 1.5 is 6.5 - 3.5 bank loan.  that   3 percent on your 500,000 thousand, plus tax break, but that only at 8 percent.      or 500,000 and buy a apartment building, again about 7 to 10 percent,   so that 2 to 3 percent profit, but the building goes up over years."}
{"_id": "558065", "title": "", "text": "And we can protest, like that one intrepid protestor who told Jamie Dimon on Wednesday to stop foreclosures!  The jury is, of course, still out on what exactly the CIO and synthetic corporate CDOs have to do with mortgages."}
{"_id": "558069", "title": "", "text": "\"Wow, first off, I'd like to thank you for taking the time to type up that massive response.  While I wasn't exactly asking for someone to \"\"LoLZ write my paper for me!\"\" I was hoping to get a better understanding of the economics segment for Dell.  My understanding of the finance/economics is very mediocre, and was trying to figure out just how the current state of the economy was impacting Dell.  I have definitely written up a lot about \"\"The Cloud\"\" as well as moving away from desktop machines.  While I am in the IT industry, it definitely doesn't stimulate my economic knowledge :)\""}
{"_id": "558072", "title": "", "text": "If you want to install printer of any company in your home or office and getting trouble in doing so then chat with us to know how to do printer setup successfully. We have a team who is able to solve any kind of issue related to a printer."}
{"_id": "558080", "title": "", "text": "\"I suspect the old people (who deserve to be shot for the state of these days) expect they'll die of natural causes before anyone born before 1970 learns that they've been handed the BILL for those parasites' retirement of USELESS consumerism.  If you're going to have a government, they need a BASIC fundamental plan that WORKS. If they don't, they NEED to be overthrown, with violence, if necessary. However, who's to say what's \"\"viable\"\" given the ACTUAL history of the human species.  If there is a god, or a benevolent nature, then the causes of this, \"\"winners\"\", need to be exterminated for the good of the species. The meek will NEVER \"\"win\"\", there is NO winning. The troglodytes who fly the \"\"flag\"\" of winning should be eliminated.\""}
{"_id": "558088", "title": "", "text": "Properties do in fact devaluate every year for several reasons. One of the reasons is that an old property is not the state of the art and cannot therefore compete with the newest properties, e.g. energy efficiency may be outdated. Second reason is that the property becomes older and thus it is more likely that it requires expensive repairs. I have read somewhere that the real value depreciation of properties if left practically unmaintained (i.e. only the repairs that have to absolutely be performed are made) is about 2% per year, but do not remember the source right now. However, Properties (or more accurately, the tenants) do pay you rent, and it is possible in some cases that rent more than pays for the possible depreciation in value. For example, you could ask whether car leasing is a poor business because cars depreciate in value. Obviously it is not, as the leasing payments more than make for the value depreciation. However, I would not recommend properties as an investment if you have only small sums of money. The reasons are manyfold: So, as a summary: for large investors property investments may be a good idea because large investors have the ability to diversify. However, large investors often use debt leverage so it is a very good question why they don't simply invest in stocks with no debt leverage. For small investors, property investments do not often make sense. If you nevertheless do property investments, remember the diversification, also in time. So, purchase different kinds of properties and purchase them in different times. Putting a million USD to properties at one point of time is very risky, because property prices can rise or fall as time goes on."}
{"_id": "558114", "title": "", "text": "\"Yea, but the market has almost built up an immunity to the \"\"back and forth\"\" of this thought over the past couple months. There's essentially too much talk and not enough action. BUT, It will be interesting to see the effect this Mueller investigation news has over the next couple days, cause I'm assuming the media will push the story. Although the Dow broke new highs today it was essentially flat.   Personally I think the markets being propped up. Also, The dollar is being artificially pushed down (because the fed needs it weak for inflation rises). But who knows, it's just a thought and I will keep trading with the trends!!\""}
{"_id": "558120", "title": "", "text": "Honestly I'm not sure what to expect since I've never been. The other guys have told me that they spent all day, everyday there and didn't see it all.  I'd honestly like to find something within electric vehicles like ev chargers, 3D Printing, some new  type of mobile phone integration.   I have a desire to go real big when finding potential opportunities, but I'm also expecting to mostly find smaller/less scalable opportunities that will allow us to build a portfolio of businesses."}
{"_id": "558130", "title": "", "text": "How do (index and active) mutual funds trade? Do they buy stocks as soon as a I buy a share in the mutual fund, or do they have fixed times they trade, such as once every week/month/quarter?   Is it theoretical possible for someone to front run mutual funds, if someone holds individual stocks? Let's say an institutional investor creates an order of $100m in a mutual fund, how likely can a broker, which holds a fraction of the fund's portfolio, front run and take advantage of that trade? It is more likely to front run that fund if it's an active small cap fund, but how likely is it to front run trades for index funds?"}
{"_id": "558131", "title": "", "text": "I've developed a [hybrid charity-fair profit business model](http://www.naturalfinance.net/2011/03/open-partnerships.html) that has an entire section devoted to Monsanto.  Basically, GM foods is a comparable innovation to a cure for cancer or AIDS.   The excessive greed of Monsanto would make them just as hated if they controlled the cure for cancer as well.  Enhanced food productivity saves lives.  More nutritious food would too.   Monopolies that attempt to strangle every possible profit from the innovation are obviously focusing on saving as few lives as necessary."}
{"_id": "558141", "title": "", "text": "I still don't think it's a complete replacement.  In all honesty, I would shop at Staples more if it was affordable. I'm in college and the other day I tried buying a presentation binder for a project and they wanted $5 for it, I went to my college bookstore and picked up the same brand, design and color for 75 cents.   Staples is just too expensive and I honestly don't feel bad because they have always tried to gouge customers and now it's coming back to bite them in the ass finally."}
{"_id": "558144", "title": "", "text": "Jannat Al Quran is a Uk based online Islamic institute. Our organization is a non-profit organization. We provide the Online Quran programme designed to improve recitation of the Quran to the standard of the Prophet. This is accessible to all, regardless of ability and previous reading. We also offer Islamic Studies with Quranic studies, so students may benefit from the knowledge of our qualified tutors and improve their Islamic knowledge and character."}
{"_id": "558145", "title": "", "text": "A lot wrong with this statement. Services which is 90% of their income is not exclusive to tourism. If you read the entire thing properly you'd know 80% of their income from services is not from the US 80% of its tourism is from the US. You're also changing the argument now you're attacking the economic policies of these countries and claiming it is reflective of their tax policy when in reality that's not true. Do you know what the Bahamian fiscal policies are?   EDIT: 50% of Bahamas income is tourism"}
{"_id": "558152", "title": "", "text": "Agreed...all good points. Another point I usually bring up too is that auto loans are secured. You mention the liquidity aspect of the collateral involved here, which should help lower the loss given default on many of these defaulting loans. Repossessing a car and selling it likely doesn't have the same lead time and legal drama associated with it than foreclosing on and re-selling homes.  I guess I should let a true ABL guy opine on this aspect of things as I am by no means an expert on ABL LGDs. Someone please correct me if I am wrong."}
{"_id": "558172", "title": "", "text": "There are some cases I'm aware of where a large employer will offer alternative HSA vendors, but this is not the norm as far as I'm aware, and would only be an option if your employer has already negotiated for this with your insurer. It's likely that this specific vendor is built in for the particular HSA product your employer has elected from Aetna. If this really ticks you off on principle, you can check if they offer a stable value fund. If so, you can essentially treat this money as part of your emergency fund, and somewhat reduce your own emergency fund and invest that money however you see fit."}
{"_id": "558199", "title": "", "text": "Are you saying that you have an account where the same form (or screen, if on line) shows interest you earn on savings, and also interest charged on a credit card balance? I've never seen such a situation. It's safe to say if the rate is over 6%, it's what they are charging you. If it's under 2%, it's what you are earning."}
{"_id": "558202", "title": "", "text": "The shortage is artificial and is due to extremely high hiring thresholds by HR departments and people removing themselves from the pool.  Why work if you are paid you to stay home?  Granted it isn't much money but apparently it is sufficient to live on from the number of people who aren't looking any longer."}
{"_id": "558214", "title": "", "text": "Best Personal Loan Provider in Delhi. Our wide expertise in this array allows us to offer our clients the helping hand with immediate effect right from your request. Our personal loans are available for a range of different amounts and have different repayment terms in Delhi."}
{"_id": "558216", "title": "", "text": "\"There should be no chance that they win, but the location of the trial hardly suggests a totally impartial Jury:   \"\"The small town where the trial is being held \u2014 Elk Point, South Dakota \u2014 could influence the way the jury sees the information as well. About 20 miles from BPI\u2019s headquarters, Elk Point is home to about 2,000 people.\"\"\""}
{"_id": "558218", "title": "", "text": "\"To expand on keshlam's answer: A direct feed does not involve a website of any kind.  Each exchange publishes its order/trade feed(s) onto a packet network where subscribers have machines listening and reacting. Let's call the moment when a trade occurs inside an exchange's matching engine \"\"T0\"\".  An exchange then publishes the specifics of that trade as above, and the moment when that information is first available to subscribers is T1.  In some cases, T1 - T0 is a few microseconds; in other (notorious) cases, it can be as much as 100 milliseconds (100,000x longer). Because it's expensive for a subscriber to run a machine on each exchange's network -- and also because it requires a team of engineers devoted to understanding each exchange's individual publication protocols -- it seems unlikely that Google pays for direct access.  Instead Google most likely pays another company who is a subscriber on each exchange around the world (let's say Reuters) to forward their incoming information to Google.  Reuters then charges Google and other customers according to how fast the customer wants the forwarded information.  Reuters has to parse the info it gets at T1, check it for errors, and translate it into a format that Google (and other customers) can understand.  Let's say they finish all that work and put their new packets on the internet at time T2. Then the slow crawl across the internet begins.  Some 5-100 milliseconds later your website of choice gets its pre-processed data at time T3.  Even though it's preprocessed, your favorite website has to unpack the data, store it in some sort of database, and push it onto their website at time T4. A sophisticated website might then force a refresh of your browser at time T4 to show you the new information.  But this forced refresh involves yet another slow crawl across the internet from where your website is based to your home computer, competing with your neighbor's 24/7 Netflix stream, etc.  Then your browser (with its 83 plugins and banner ads everywhere) has to refresh, and you finally see the update at T5. So, a thousand factors come into play, but even assuming that Google is doing the most expensive and labor-intensive thing it can and that all the networks between you and Google and the exchange are as short as they can be, you're not going to hear about a trade -- even a massive, market-moving trade -- for anywhere from 500 milliseconds to 5 seconds after T0.  And in a more realistic world that time will be 10-30 seconds. This is what Google calls \"\"Realtime\"\" on that disclaimer page, because they feel they're getting that info to you as fast as they possibly can (for free). Meanwhile, the computers that actually subscribe to an exchange heard about the trade way back at time T1 and acted on that information in a few microseconds.  That's almost certainly before T2 and definitely way way before T3.  The market for a particular instrument could change direction 5 times before Google even shows the first trade. So if you want true realtime access, you must subscribe to the exchange feed or, as keshlam suggests, sign up with a broker that provides its own optimized market feeds to you. (Note: This is not an endorsement of trading through brokers.)\""}
{"_id": "558233", "title": "", "text": "I've been offered a package that includes 100k stock options at 5 dollars a share. They vest over 4 years at 25% a year. Does this mean that at the end of the first year, I'm supposed to pay for 25,000 shares? Wouldn't this cost me 125,000 dollars? I don't have this kind of money. At the end of the first year, you will generally have the option to pay for the shares. Yes, this means you have to use your own money. You generally dont have to buy ANY until the whole option vests, after 4 years in your case, at which point you either buy, or you are considered 'vested' (you have equity in the company without buying) or the option expires worthless, with you losing your window to buy into the company. This gives you plenty of opportunity to evaluate the company's growth prospects and viability over this time. Regarding options expiration the contract can have an arbitrarily long expiration date, like 17 years. You not having the money or not isn't a consideration in this matter. Negotiate a higher salary instead. I've told several companies that I don't want their equity despite my interest in their business model and product. YMMV.   Also, options can come with tax consequences, or none at all. its not a raw deal but you need to be able to look at it objectively."}
{"_id": "558235", "title": "", "text": "Hey, it's disrespectful to use that term in a derogatory way. It's implying that being gay is something bad.   I'm not sure if that was your intent. If not, it's something to think about before using it next time. If you believe the negative implication, you might want to reconsider; or at least realize it will offend the majority of people."}
{"_id": "558237", "title": "", "text": "\"Nope, anything is that has the required information is fine.  At a minimum you need to have the routing number, account number, amount, \"\"pay to\"\" line and a signature. The only laws are that it can't be written on anything illegal, like human skin, and it has to be portable, not carved on the side of a building ( for example) https://www.theguardian.com/notesandqueries/query/0,5753,-20434,00.html http://www.todayifoundout.com/index.php/2013/12/people-actually-cash-big-novelty-checks-even-possible/ That said, the MICR line and standard sizes will make things eaiser for they bank, but are hardly required.  You could write your check on notebook paper so long as it had the right information, and the bank would have to \"\"cash it\"\". Keep in mind that a check is an order to the bank to give your money to a person and nothing more. You could  write it out in sentence form. \"\"Give Bill $2 from account 12344221 routing number 123121133111 signed _________\"\" and it would be valid. In practice though, it would be a fight. Mostly the bank would try to urge you to use a standard check, or could hold the funds because it looks odd, till they received the ok from \"\"the other bank\"\". But.... If you rant to fight that fight....\""}
{"_id": "558240", "title": "", "text": "It looks like JP Morgan can convert your holding to unsponsored ADRs until July.. In any event, you should not completely lose the equity. Volvo still exists as a public company, it's just not tradable on US exchanges. Q1: Yes, you'd need a JPM account.  Your broker should have offered a similar service. If they didn't they are not a broker. Q2: You own 30 shares in Volvo. You need to get your broker to either sell them (off-exchange now) or tell you how to gain access to them."}
{"_id": "558251", "title": "", "text": "The other thing that you may or may not be considering is the fact that when she moves or otherwise ceases to live in that condo, you could then rent the unit out to others at the inflation adjusted rent price for the area. You could continue to build equity in the property for a fraction of the cost, and it would continue to be a tax write-off once your mother is not living there. While you have more maintenance and repairs cost when renters live there (typically, anyway), if inflation continues to carry on at about 4-5%, then you would be potentially renting the unit out at between $2,500 and $2,850 by the 10th year from now. Obviously, there are other considerations to be made as well, but those are some additional factors that don't seem to have been addressed in any of the above comments."}
{"_id": "558258", "title": "", "text": "\"Take your idiotic treating all crimes as eqivalent and cram it :) You seem to think everyone here must either 100% buy Taibbi style bulshit or they must think crimes are not crime. Your black and white view of the situation where you make strawmen of others nuanced views makes you look like a childish idiot, and I suspect you do not really want to look that way.  It is very important to accurately measure crimes, to avoid wasting scarce resources when fighting crime. Promoting poor reporting as \"\"it's all ok because it was similar to reality\"\" is intellectually dishonest and poor policy.\""}
{"_id": "558280", "title": "", "text": "While personal responsibility plays a vital role in economic mobility, forces outside individual control, such as access to better work, clearly applies as well. Different folks apply different weight to responsibility vs. access to opportunity, but in any case one should be at least mentioned with the other."}
{"_id": "558286", "title": "", "text": "The websites of the most publicly traded companies publish their quarterly and annual financials.  Check the investor relations sections out at the ones you want to look at."}
{"_id": "558290", "title": "", "text": "Sandwich shop chain, I know they're in the PNW. They put on a cool, hip public face with laid-back and amusing store atmosphere, but their actual practices and policies are the exact opposite. It's a shitty business, and I personally haven't ordered anything from there for years because of it."}
{"_id": "558293", "title": "", "text": "I can assure you after seeing both versions of Layer Barns (Free Range and Industrial) I wouldn't eat anything free range. The industrial setup has more square feet per bird. Poop gets dried and shipped out of pens quick and eggs roll down hill to a conveyer. The other version is people picking eggs out of bird shit all day."}
{"_id": "558301", "title": "", "text": "Yes, it is safe, we have been doing it for years. We prefer our tenants to make their rent payments in this manner. In fact, we prefer that they set up an automatic payment for the rent, either through their online banking or through their bank directly. Apart from getting your rent on time, this method also has the added benefit of both parties having their own records of rent payments through their bank statements, in case there is a dispute about the rent sometime down the track. Having a separate bank account just for the rent does make sense as well, it makes it easier for you to check if rent has come in, it makes it easier if you need to compare your statement without having to highlight all the rent payments amongst all other payments (you might not want to show your other incomes and spending habits to others), and you can withdraw the rents to your other account (which might offer higher interest) after it has come in, leaving a small balance most of the time in your rent account."}
{"_id": "558369", "title": "", "text": "Ok! Let's not go into details and let's summarize our discussion...  For me, under Trump, the right things are done for the economy, vast majority I agree with (not all), so he's doing a good job in this respect and it's only 6 month. Let's see a year from now..."}
{"_id": "558370", "title": "", "text": "Why should you see an orthodontist? To have the best, healthiest smile possible. Orthodontists have an extensive education and are dedicated to helping your teeth and jaws work in union so that you can speak, bite and chew comfortably and effectively. There are a lot of treatment options these days, from clear aligners to modern braces. They each have their function, but only an orthodontist has the specialized knowledge to identify and plan for all the variables in your mouth. A good orthodontist will take your unique needs and wishes into consideration when recommending the right treatment option for you."}
{"_id": "558371", "title": "", "text": "Deming Electro Plating Corporation provides high quality electropolish passivation services in NY for small and large steel components. Our services cater to a wide range of industry and we are fully capable of meeting any size demand. Using the latest technology and state of the art methods we provide quality electroplating services. Trust our highly qualified as well as experienced team to do the job with accuracy and in a time efficient manner."}
{"_id": "558382", "title": "", "text": "\"This post may be old anyhow here's my 2 cents. Real world...no. Compounding is overstated. I have 3 mutual funds, basically index funds, you can go look them up. vwinx, spmix, spfix in 11 years i've made a little over 12,000 on 50,000 invested.  That averages 5%. That's $1,200 a year about. Not exactly getting rich on the compounding \"\"myth?\"\". You do the math. I would guess because overly optimistic compounding  gains are based on a straight line gains. Real world...that aint gonna happen.\""}
{"_id": "558388", "title": "", "text": "As someone who spends a lot of time in France, I learned that many French banks will issue debit cards to US citizens, as an add-on feature to a bank account.  The fees are not low.  Societe Generale charges 8 Euros per month, Credit Agricole charges 30 Euros a year, BNP Paribas charges 12 Euros a month.  I'm sure other banks will issue cards as well.  You need to show 2 items proving US residence, such as a utility bill, plus a passport.  They can open an account immediately, on that basis and it takes about 7-10 days to get your debit card."}
{"_id": "558403", "title": "", "text": "Last I checked, Wix doesn't allow optimization for image alt text or HTTPs, both of which are ranking factors. It also doesn't allow altering robots.txt or setting canonicals--things that help with search engine crawlability.   Are you using any SEO tools? What are your main products?"}
{"_id": "558410", "title": "", "text": "\"So, I know people are kindof put off by the fact that this article doesn't really give good examples of \"\"the root of inequality.\"\"  So, I found an example of where this applies.  [The $31 Billion Hole in GE\u2019s Balance Sheet That Keeps Growing](https://www.bloomberg.com/news/articles/2017-06-16/ge-s-31-billion-hangover-immelt-leaves-behind-big-unfunded-tab)  *\"\"At $31 billion, GE\u2019s pension shortfall is the biggest among S&amp;P 500 companies and 50 percent greater than any other corporation in the U.S. It\u2019s a deficit that has swelled in recent years as Immelt spent more than $45 billion on share buybacks to win over Wall Street and pacify activists like Nelson Peltz.\"\"*  So, here's a pretty clear and brazen example.  Management took corporate earnings and, before making its own workers whole on their retirement obligations, passed that money on to shareholders.\""}
{"_id": "558416", "title": "", "text": "The first thing to do would be to decide what action will change the states. Take one example, \u201cmoving clothes from washer to dryer\u201d (or whatever). If there was something you could print with a bar code on it for a given load, you might scan it when it moves from the washer to the dryer, then update some trivial database that the customer app could look at. Is that what you\u2019re asking about?"}
{"_id": "558417", "title": "", "text": "For whom? Nigerians and the people they work for? Sure. Current workers in the industrialized countries? Not so much. Why doesn't anybody realize that the world economy is a zero sum game now? There's no more growth to be had since energy and minerals are tapped out, Not much anyway."}
{"_id": "558440", "title": "", "text": "There are many things to keep in mind if you are serious about getting pregnant in the coming months. Some of them are: your ovulation cycle, the best time to have sex, your well-being, your physical body, the fertility of your man, as well as the sexual position you choose. how to get pregnant fast from a healthy baby I consult several women, and what you should know that to get pregnant faster your partner, it takes a little work and dedication of both components, ie the mother and father."}
{"_id": "558445", "title": "", "text": "\"Short answer: bad idea.  Most investment advice suggests \"\"diversify your investments\"\" and sharing a mutual fund with family members would be like putting all their eggs in one basket.  If you admire your father's investment strategy and want to emulate it, get an account with a discount broker and buy some for yourself.  Or better yet, buy a similarly-managed mutual fund, and compare results a year later.\""}
{"_id": "558455", "title": "", "text": "Thanks I make 6 figs doing exactly as I said, and can pull it up at my leisure by crapping out the occasional menu for a restaurant at my leisure.   9 to 5 wankers lmfao I kick it from a beach in Vietnam and code maybe 4 hours a day. Sometimes I fly back to work when it hits the fan and pull an overnighter or two, and then life is back to being good.   Yall have made this world for yourselves and rather than take a step back and realize that you are shoveling deeper into a pit of shit, you try to become gods of your shit pit, convincing yourselves and your underlings that the deeper you dig the bigger a man you are. You're still just digging a shit pit."}
{"_id": "558457", "title": "", "text": "You want to bank with HSBC: From: http://www.offshore.hsbc.com/1/2/international/foreign-exchange-currency/foreign-exchange/faqs HSBC Bank International does not   charge \u2018commission\u2019, therefore   offering 0% commission on foreign   currency exchange transactions"}
{"_id": "558466", "title": "", "text": "Well, let me take your question for baremetal, and aknowledge you did not asked about the difference between daytrading and investing which is obviously leverage. I would not consider daytrading more risky as long as you keep leverageout of the equation.  Daytrading can be turbolent and confusing, where things unfold in a very short amount of time, (let trade nfp payroll or some breaking event, yay), eventually the risk is more overseeable in long term trading, as soon as you put leverage into the equation things look vary different, indeed."}
{"_id": "558467", "title": "", "text": "&gt;companies supplying the electricity  For the most part, the transaction costs make trying to play EON, RWE, EDF, et al on the short term basis useless. Those companies are all so big and hedged that almost any pricing scenario isn't going to materially impact them. This isn't PGAE circa 2000."}
{"_id": "558469", "title": "", "text": "\"There's a point where splitting low activity subreddits becomes counterproductive, and I think to split \"\"finance problems\"\" from /r/finance would cross that line.  Career questions come up as least as frequently, if not more so than more legitimate finance questions, so I don't see the issue there.\""}
{"_id": "558501", "title": "", "text": "This is a good example of the hellish cycle of dictatorship and corruption.  It happens time and time again: a dictator strangles the country and its institutions for years. He finally dies/gives up power and those in line behind him quickly start attacking the remnants of his family and regime. But are they doing it for the good of the country or for their own benefit, so that they can expunge the previous regime only to get their own iron grip on power?  On the one hand, prosecuting a corrupt regime is necessary. On the other hand, it only brings up lasting positive results if it's because the free, independent institutions are actually acting in the public interest rather than to allow a new regime to establish total power.  At the end of the day this shows one thing: people don't matter, what matters are processes, laws, and institutional independence.  As long as the country's institutions are vulnerable, the people at the top will change but the way the country is run will not.  Time will tell which one it is in Uzbekistan."}
{"_id": "558520", "title": "", "text": "Point well taken, but will the flying public be willing to be the guinea pigs on that venture ? Plus the Airline Pilot Association will raise enough hell to delay that for a good while. Eventually though, what you portend will come to pass, I just don't think it will be quite that quickly."}
{"_id": "558539", "title": "", "text": "You will need to merge CRSP with the Compustat Annual Fundamentals database, since CRSP only contains stock price/return data, whereas Compustat has data on total assets and other accounting variables.   What software are you using? It's usually very easy to filter the data after loading it into your software."}
{"_id": "558542", "title": "", "text": "One reason this happens is due to dividends. If the dividend amount is greater than the time value left on a call, it can make sense to exercise early to collect the dividend.  Deep in the money puts also may get exercised early. There's usually little premium on a deep in the money put and the spread on the bid-ask might erase what little premium there is. If you have stock worth $5,000 but own puts on them that will give you $50,000 upon exercise (and no spread to worry about), the interest you can gain on the $50k might be more than the little to no time value left on the position... even at several weeks to expiration."}
{"_id": "558544", "title": "", "text": "The only fee you incur when buying an ETF is the commission. If you have a brokerage account at Schwab/Fidelity/E-TRADE/Vanguard or any number of banks you won't pay more than $10 per transaction (regardless of the size of the transaction).  I use Schwab which charges $5 per trade, but you can open a Robinhood account (it's a discount brokerage) for free, $0 commission trades. It lacks features that paying platforms have, but it's great for beginners.   You'll get a dividend each quarter (every 3 months) for most ETFs."}
{"_id": "558552", "title": "", "text": "No, it does not work in those countries. It produces billions of deficit every single year and is responsible for unimaginable sums of money going down the drain somewhere in the administration. Those systems are already crumbling, despite confiscatory tax rates.  I don't think they are. I'm sure we both agree that pointing a gun at someone and forcing them to pay for your stuff is immoral."}
{"_id": "558556", "title": "", "text": "happy to give the likes of Hulu and Amazon credit - mostly for showing that if you give people a legal way to download your content they *will* put more money in your pocket...  that said, the owners of Hulu have been trying to sell it off and dump it for a while now - except they couldn't find a sucker to pay the $2B asking price - for everything Hulu has done right, they've also done a helluva lot wrong (like their ridiculous subscription service, for starters)"}
{"_id": "558566", "title": "", "text": "Yes, but also note each exchange have rules that states various conditions when the market maker can enlarge the bid-ask (e.g. for situations such as freely falling markets, etc.) and when the market makers need to give a normal bid-ask. In normal markets, the bid-asks are usually within exchange dictated bounds.  MM's price spread can be larger than bid-ask spread only when there are multiple market makers and different market makers are providing different bid-asks. As long as the MM under question gives bid and ask within exchange's rules, it can be fine. These are usually rare situations. One advice: please carefully check the time-stamps. I have seen many occasions when tick data time-stamps between different vendors are mismatched in databases whereas in real life it isn't.  MM's profits not just from spreads, but also from short term mean-reversion (fading). If a large order comes in suddenly, the MM increases the prices in one direction, takes the opposite side, and once the order is done, the prices comes down and the MM off-loads his imbalance at lower prices, etc."}
{"_id": "558571", "title": "", "text": "I think my main problem with this idea is that we'd be trading the boom bust lending cycle for the boom bust political cycle. The banks are pretty heavily regulated as it is, and putting all the power back in the hands of our government frightens me a little bit."}
{"_id": "558579", "title": "", "text": "Why is a home loan (mortgage) cheaper than gold loan? It has to do with risk. Lending money secured by gold is inherently riskier than a loan secure by your home. Increased risk means the lender must charge more. That's why home loans are cheap compared to loans for other purposes. Home loans are secured by the house. Houses are assets that hold and usually retain some value. Houses are easy to track down (they can't be hidden or moved) in the event that you don't repay your loan. Houses are reasonably liquid, they can be resold to pay off a defaulted loan."}
{"_id": "558598", "title": "", "text": "Picking up PowerShell couldn't hurt.  Lots of cool solutions involve Excel and PowerShell.  If you learn R and SQL (both great skills), then Microsoft Power BI and Microsoft Access should come pretty easy, I think.   Reading a book or two on the Agile software development lifestyle (the best ones are sorry anyway) will help you get past interview questions that measure whether you can work with development teams.   Edit: Regarding wasting your time: I haven't personally encountered any Java programming organization where knowing basic Java was of much use outside  the programming group.   PowerShell, Perl and PHP are all actually used by professionals who do more than just programming. I blame Maven for this trend (programmer humor).  Java and CSharp are more likely to be useful if you are seeking a 100% programming role.  Any programming language experience is better than no outrushing language experience, of course. :)"}
{"_id": "558611", "title": "", "text": "If your debit card/ATM card is stolen or lost, someone else might be able to withdraw money from the checking account that it is tied to, or buy things with the card and have the money taken out of the checking account to pay the merchant. Subject to daily withdrawal limits imposed by your bank, a considerable amount of money could be lost in this way. At least in the US,  debit or ATM cards, although they are often branded Mastercard or Visa, do not provide the same level of protection as credit cards for which the liability is limited to $50 until the card is reported as lost or stolen and $0 thereafter.  Note also that the money in your savings account is safe, unless you have chosen an automatic overdraft protection feature that automatically transfers money from your savings account into the checking account to cover overdrafts. So that is another reason to keep most of your money in the savings account and only enough for immediately foreseeable needs in the checking account (and to think carefully before accepting automatic overdraft protection offers). These days, with mobile banking available via smartphones and the like, transferring money yourself from savings to checking account as needed might be a preferred way of doing things on the go (until the smartphone is stolen!)"}
{"_id": "558617", "title": "", "text": "Note that the formula for Price to Book ratio is:  Stock Price / {[Total Assets - (Intangible Assets + Liabilities)] / Stock Outstanding}  http://www.investopedia.com/terms/p/price-to-bookratio.asp  http://www.investopedia.com/articles/fundamental/03/112603.asp  There's a number of factors that could lead to a lower than 1. The primary reason, imho, could be the company is in a state of retiring stock with debt. The company is selling penny stocks (only to get people more interested in it's later development) which are inherently undervalued. There may be other reasons, but definitely check out both articles."}
{"_id": "558618", "title": "", "text": "What taxes will I have to pay to India?  Income earned outside of India when your status is Non-Resident Indian, there is no tax applicable. You can repatriate the funds back to India within 7 years without any tax event. Someone else may put an answer about US taxes."}
{"_id": "558623", "title": "", "text": "So labor force participation rate is at 62.9 and it's all time low is 62.4 2 years ago but I'm stretching? What are these stats you speak of? Im 26 and I know a bunch of people with college degrees who work and still live with their parents. Shits not exactly gravy if you get what what I'm saying."}
{"_id": "558628", "title": "", "text": "There are lots of credit unions that are insured by the National Credit Union Administration (NCUA) through the National Credit Union Share Insurance Fund (NCUSIF) instead of the Federal Deposit Insurance Corporation (FDIC). Both cover individual accounts up to $250,000. If you are looking for non-trivial returns on your money, you should consider a brokerage account which is insured by the Securities Investor Protection Corporation (SPIC). In the case of SPIC insured accounts, what you are insured against is the failure of the broker (not against loss on your investments if you choose to invest poorly). SPIC insurance covers up to $500,000 in losses from an insolvent broker. You have already indicated your lack of interest in using other investments, but I am not aware of any non-insured accounts that offer higher interest than insured accounts. You have also indicated your lack of interest in investment advice, but it sounds like what you are looking for is offered by a stable value fund."}
{"_id": "558635", "title": "", "text": "I don't think it makes sense to allow accounting numbers that you are not sure how to interpret as being a sell sign.  If you know why the numbers are weird and you feel that the reason for it bodes ill about the future, and if you think there's a reason this has not been accounted for by the market, then you might think about selling.  The stock's performance will depend on what happens in the future. Financials just document the past, and are subject to all kinds of lumpiness, seasonality, and manipulation. You might benefit from posting a link to where you got your financials.  Whenever one computes something like a dividend payout ratio, one must select a time period over which to measure.  If the company had a rough quarter in terms of earnings but chose not to reduce dividends because they don't expect the future to be rough, that would explain a crazy high dividend ratio.  Or if they were changing their capital structure.  Or one of many other potentially benign things.   Accounting numbers summarize a ton of complex workings of the company and many ratios we look at could be defined in several different ways.  I'm afraid that the answer to your question about how to interpret things is in the details, and we are not looking at the same details you are."}
{"_id": "558646", "title": "", "text": "The Transfer of funds outside of Bangladesh is restricted. Any transfers required the permission of Bangladesh Bank [Central Bank]. So the only legal option is to apply for the permission and see if its granted. Western Union is a Money Transfer and typically is good for getting funds into Bangladesh, most expats in Bangladesh would use the service. It can unfortunately not be used other way round."}
{"_id": "558661", "title": "", "text": "The trigger for a Currency Transaction Report is over $10K (spending or winning). Casinos are required by law to file a CTR above that level. You can walk away from a casino with your chips, but that will draw scrutiny from security and AML folks who are tracking them. If they think you are acting suspiciously they will file a Suspicious Activity Report (SAR). Both CTRs and SARs are required by the IRS."}
{"_id": "558665", "title": "", "text": "REIT's are a different beast than your normal corporate stock (such as $AAPL).  Here is a good article to get you started.  From there you can do some more research into what you think you will need to truly evaluate an REIT. How To Assess A Real Estate Investment Trust (REIT)  Excerpt: When evaluating REITs, you will get a clearer picture by looking at funds from operations (FFO) rather than looking at net income. If you are seriously considering the investment, try to calculate adjusted funds from operations (AFFO), which deducts the likely expenditures necessary to maintain the real estate portfolio. AFFO is also a good measure of the REIT's dividend-paying capacity. Finally, the ratio price-to-AFFO and the AFFO yield (AFFO/price) are tools for analyzing an REIT: look for a reasonable multiple combined with good prospects for growth in the underlying AFFO. Good luck!"}
{"_id": "558670", "title": "", "text": "The idea behind this move is to avoid or mitigate long-term deflationary pressure and to boost the competitiveness of Swiss exporters. This is primarily a Swiss-based initiative that does not appear likely to have a major impact on the broader Eurozone. However, some pressure will be felt by other currencies as investors look to purchase - ie. this is not a great scenario for other countries wanting to keep their currencies weak. In terms of personal wealth - if you hold Swiss f then you are impacted. However, 1.2 is still very strong (most analysts cite 1.3 as more realistic) so there seems little need for a reaction of any kind at the personal level at this time, although diversity - as ever - is good. It should also be noted that changing the peg is a possibility, and that the 1.3 does seem to be the more realistic level. If you hold large amounts of Swiss f then this might cause you to look at your forex holdings. For the man in the street, probably not an issue."}
{"_id": "558701", "title": "", "text": "A typical manufacturer buys raw materials, produces a product using labor and energy at a specific cost with some waste, and then sells the product to produce income. A bank buys raw materials (deposits) by paying interest, then uses labor and energy to turn a portion of the raw materials into their product (loans), they then receive income (interest) on those loans. If the income exceeds the cost to buy and produce the loans taking into account losses due to delinquencies (waste) the bank company has made a profit. The growing profits can lead to an increase in stock prices or the paying of dividends. The search for more raw materials can lead to paying more for the raw materials, or by buying other factories (branches) or even other bank companies."}
{"_id": "558703", "title": "", "text": "\"When you buy a share of stock, you are almost always buying from someone who previously purchased that share and now wants to sell it. The money -- minus broker's fee -- goes to that other investor, which may be a person, a company (rarely the company that issued the stock, but that will occasionally be the case), an investment fund, the \"\"market maker\"\" for that stock (websearch for definition of that term), or anyone else. They owned a small percentage of the company; you bought it from them and gave them the money for it, just as you would buy anything else. You don't know or care who you bought from; they don't know or care who they sold to; the market just found a buyer and seller who could agree on the price. There are a very few exceptions to that. The company may repurchase some of its own shares and/or sell them again, depending on its own financial needs and obligations. For example, my own employer has to purchase its own shares periodically so it has enough on hand to sell to employees at a slight discount  through the Employee Stock Ownership Program. But you generally don't know that's who you're selling to; it happens like any other transaction. And during the Initial Public Offering, if you're lucky/privileged enough to get in on the first wave of purchases, you're buying from the investment bank that's managing this process ... though that's an almost vanishingly rare case for \"\"retail\"\" investors like us; we're more likely to get the shares after someone has already pushed the price up a bit. But really, when you buy a share the money goes to whoever you bought it from, and that's all you can know or need to know.\""}
{"_id": "558733", "title": "", "text": "This is one of the good articles you can find in the net explaining everything in detail regarding thI will must share this blog and the information i found here really has no value in money but more than it. Thanks for this nice effort which you put here in the shape of this post."}
{"_id": "558742", "title": "", "text": "Back of the envelope calculation: 30K limit, 5 year draw, 5 year post draw payback. Int 6% a year, 3% minimum payment. Borrow 5K at the start of the draw period, make the minimum payment for the next 5 years. At the end of 5 years still owe approximately $1123, and have paid ~775 in interest. Borrow 5K at the start of the draw period, make the minimum payment for the next 5 years but borrow the money from the line of credit. At the end of 5 years still  owe approximately $6711, and have paid ~1711 in interest. The bank loves you. The balance grows instead of decreases. That growing balance become pur profit. Of course you are good for it, because you never came anywhere near the maximum limit of 30K.  This is a variation of somebody tapping the line of credit to invest it, then discovering that it is hard to make enough money to make it worthwhile.   Detailed scenario:"}
{"_id": "558768", "title": "", "text": "Could be something as innocent as him trying to get your last name to stalk you on Facebook in hopes of asking you out on a date after seeing what you're like, or just creeping on your photos.  Or something as bad as forging documentation, photoshopping his name over yours to show that while he was in the states he got a diploma/degree/etc..  \u00af\\\\_(\u30c4)_/\u00af"}
{"_id": "558771", "title": "", "text": "CHERRY PICKER QUOTES is an innovative buying tool to support domestic consumers in partnering with local approved professionals/ suppliers to achieve their desired results. Whether changing a bath tap or constructing a self build home project - the right team to create your dream can be picked from within our Cherry Picker business directory UK. Like yourself most people no longer pick up weighty pages; Business Directory London or Business Directories from the local library. Hence Cherry picker quotes comes as a FREE convenient downloadable mobile app - for your smartphone - keeping you in control on the move lauched within one month ."}
{"_id": "558774", "title": "", "text": "P2P lending is basically a debt product with (much) higher risk, I doubt that there's any regulation or government backing in it. The money lent to borrowers are not collateralized or securitized."}
{"_id": "558779", "title": "", "text": "Some other ratios:  * Cost per customer (expenses divided by attendance) * Attendance variance year over year * Payroll minutes per patron  Not sure if those help. They have a bunch of smaller performance tracking stats from % of waste from inventory to employee performance.   From talking with my roommate, the theater industry sounds awfully familiar to how the hotel industry tracks it's performance. The hotel industry tracks performance based on occupancy and room revenue. Theaters track performance based on attendance and concession revenue."}
{"_id": "558800", "title": "", "text": "Make sure that you have the smallest house in the neighborhood.  Then hopefully anyone with nefarious intent ill go elsewhere.   Don't have anything visible from the street that is expensive.  This includes cars (park the BMW in the windowless garage), fancy grills, pools, bikes, etc.   For maximum effect, put a broken down car in front of the house.  Preferably something 20-30 years old and up on blocks, like an old pickup truck.  A couch on the front porch and a old tub in the yard (unmowed) will complete the effect."}
{"_id": "558802", "title": "", "text": "\"&gt; Every I have said is 100% factual.  That isn't true in the least bit.  &gt;During the 50s there were plenty of women in the workforce and nothing changed.  There were a growing number of women and wages were trending toward what they are today.  For analysis like this you can't just take a snapshot of data and use that to justify the conclusions you've made about entire periods and the their trends.  &gt;If that's the case the income should have halved but in reality it's been reduced to about 30%.  You are forgetting that there have been enormous productivity and human capital gains over the past half century.  More people are college educated and thanks in large part to things like computers and the internet they are better at their jobs.  &gt; More to the point companies today couldn't afford to pay people the amount they paid in the past.  Some companies in some industries sure, but nothing said here could possibly support that kind of blanket statement about all companies in all industries.  So in conclusion only two things you've said could possible be facts(\"\"there were plenty of women\"\" and \"\"reduced to about 30%\"\") everything else is either poor analysis or ideologically motivated conjecture.  And to top it all off your \"\"facts\"\" are so vague(and unsourced) that they are rendered meaningless.\""}
{"_id": "558809", "title": "", "text": "\"Exactly. It is not possible to perform a \"\"study\"\" of basic income on any subset of a population. All such a study will ever achieve is a \"\"wealth effect\"\" relative to those not involved in the study. Therefore, these studies will always appear to work. (Which is the intent of those who conduct them).   As you said, \"\"basic income\"\" given to a group within a population is another flavor of welfare. And we already know what it does in aggregate.\""}
{"_id": "558829", "title": "", "text": "I'd buy that. I get the sense that Amazon's looking for talent + low COLA areas so they don't have to pay as much (though obv tax breaks can change the equation). Both Austin + Chicago have a burgeoning tech scene, so I can see the same case for both."}
{"_id": "558832", "title": "", "text": "I would say you can file your taxes on your own, but you will probably want the advice of an accountant if you need any supplies or tools for the side business that might be tax deductible. IIRC you don't have to tell your current employer for tax reasons (just check that your contract doesn't state you can't have a side job or business), but I believe you'll have to tell HMRC. At the end of the year you'll have to file a tax return and at that point in time you'll have to pay the tax on the additional earnings. These will be taxed at your highest tax rate and you might end up in a higher tax bracket, too. I'd put about 40% away for tax, that will put you on the safe side in case you end up in the high tax bracket; if not, you'll have a bit of money going spare after paying your taxes."}
{"_id": "558836", "title": "", "text": "\"Let's imagine an economy where 100% of wealth creation comes from existing financial assets and 0% comes from new wealth creation. That would essentially be a dead economy. I don't think it matters what your philosophy on economics is--that's a bad outcome. If you don't agree with that point we'll stop here. Note, if you don't think it's bad for this to keep going higher, Japan is at about 80% and we know how they're doing.  If you agree 100% would be bad then we're 70% of the way there in the US. Trump's tax plan, if enacted, would push us even further. The question we should be asking is what is a reasonable way to encourage NEW wealth creation rather than protect and preserve existing wealth. For starters, it makes little sense to have a preferential tax rate for capital gains/dividends/estates as compared to earned income. Even if you just hate taxes and want them all to be gone I think it's fairly easy to say IF we're going to have taxes they should not favor income/transfer from existing financial assets as compared to earned income.  A much more reasonable way to approach this is to say, we have a lot of concentration of financial assets in the top decile of wealth spectrum. Let's just level the tax rate so that income from financial assets is taxes at a similar rate to income from work. That's not even an \"\"eat the rich\"\" proposal, it's just a \"\"eat everyone equally\"\" proposal. All it would do is tax the very substantial gains in stocks at the same rate as the very meagre (median) gains from working.  The fact that taxing income from financial assets at the same rate as work is a controversial idea is, to me, emblematic of a government completely captured by wealthy interests.\""}
{"_id": "558867", "title": "", "text": "I'm not sure where you are, but in the United States capital gains are taxed at a lower rate than other types of income. On the 1040, captial gains income is separated from earned income, and income tax is calculated just on earned income. Then capital gains tax is calculated on capital gains income, and then added to income tax afterward."}
{"_id": "558912", "title": "", "text": "I've done this for many years, and my method has always been to get a bank draft from my Canadian bank and mail it to my UK bank. The bank draft costs $7.50 flat fee and the mail a couple of dollars more. That's obviously quite a lot to pay on $100, so I do this only every six months or so and make the regular payments out of my UK account. It ends up being only a couple of percent in transaction costs, and the exchange rate is the bank rate."}
{"_id": "558917", "title": "", "text": "According to you QE saved the economy yet the people closest to it, the politicians won't run for reelection on it. First time that's happened after a supposed recovery. That is the point. Your idea of separating politics and discussions of the economy are about 100 years out of fashion."}
{"_id": "558921", "title": "", "text": "Answers here are correct but I'll offer an extremely (overly) simple explanation that should help you in understanding the more detailed answers.  When most people own stock they do so through a broker.  Unless you jump through some hoops, the broker keeps the shares in the name of the brokerage.  This is called holding the stock in street name. When you sell short through a brokerage, the broker is letting you borrow a certain number of shares owned by someone else and sell them for cash now.  At some point, you need to repay this loan with the same number of shares you borrowed.  Ideally, you want the stock to drop to $0.  The reason you might be forced to purchase the stock is that the actual owner(s) of the stock want to sell.  If the broker has too many people wanting to sell, you will need to repay some of all of the loan (in shares) i.e. purchasing shares at the current market price."}
{"_id": "558924", "title": "", "text": "As keshlam said, an ETF holds various assets, but the level of diversification depends on the individual ETF. A bond ETF can focus on short term bonds, long term bonds, domestic bonds, foreign bonds, government bonds, corporate bonds, low risk, high risk, or a mixture of any of those. Vanguard Total International Bond ETF (BNDX) for instance tries to be geographically diverse."}
{"_id": "558926", "title": "", "text": "&gt; at the very least you should talk to the current owners   This is the best advice. You're not going to come up with a plan the current owners believe in, nor one that will actually succeed, without getting all the info you can.  They're in a tailspin already; you're not going to harm your negotiating position by letting them know you're interested."}
{"_id": "558934", "title": "", "text": "\"The silly thing is there's a degree of separation from that. He only owned companies that did that. Everyone who owns an SPY contract or tracking mutual fund is \"\"guilty\"\" of the same thing.  This is political nonsense that doesn't belong in this subreddit.\""}
{"_id": "558948", "title": "", "text": "You need to contact the trading company and ask them what's going on. If it's simply a matter of needing to add more cash because you are now classified as a day trader, then call them, ask them what you need to do to not be considered a day trader, and do that. It would likely consist of not trading for a week and then trading less than you were going forward to avoid getting classified as a day trader again.  That would be the easy problem to solve, so I hope that's right."}
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{"_id": "558988", "title": "", "text": "As someone who works with LBOs and a decent number of M&amp;A deals, I find the biggest issue is that managers don't understand the competitive advantages of their company. They try to pivot into higher margin processes and products because they see other companies who are doing well there. The companies who succeed target niches in the market and make acquisitions that complement their skills. The other issue is that the market is too hot right now and when a good company comes up, you have PE firms and strategics bidding against each other, typically leaving a winner who bid too high."}
{"_id": "558989", "title": "", "text": "Are there any books on the Federal Reserve that explains what it does without going into conspiracy theories?  I want a solid, in-depth book that explains it so that I can understand what is going on with Quantitative Easing, etc, without degenerating into some discussion about the Illuminatti."}
{"_id": "559014", "title": "", "text": "I would put down 12% and pay PMI.   Either way, you are taking out a loan, with payments against 88% of the value of the home. I assume the mortgage note would be either 15 or 30 years and the 401k loan would be less (5? 10?). If you take out an 88% mortgage loan and pay it off at the same pace you would have paid the 401k loan, you'll be down to 80% LTV quickly and PMI will stop.   If the housing market rebounds and your house appreciates, you'll be at 80% LTV quickly.  If you change jobs/lose jobs your mortgage will be unaffected.   PMI is an easily quantifiable risk that is worth paying in this case. Contrasted with the 401k loan, the job loss/job change risk is great.   It isn't just if you lose your job.  Maybe you'll find a great opportunity with a great company that has a 401k plan that doesn't allow loans.   Will you forgo taking that job because of your 401k loan?"}
{"_id": "559017", "title": "", "text": "I'm going to talk to them about it eventually, the owners know what my goals in life are and like how I work so that is very good advice thank you  I'll get experience in management before anything happens anyway, and so far in my short time I've already seen how some food ordering goes down so I can only imagine I'll get more exposure to it"}
{"_id": "559027", "title": "", "text": "Diversification is an important aspect of precious metals investing.  Therefore I would suggest diversifying in a number of different ways:"}
{"_id": "559034", "title": "", "text": "I agree with the first part, but once they come under pressure for continued low revenue growth they will finally re-learn that higher wages lead to higher demand. The higher demand would lead to greater sales which would offset the loss of margin from increases in worker pay."}
{"_id": "559046", "title": "", "text": "\"I'm not a socialist.  I'm someone who wants people to actually give a crap about each other, rather than trying to \"\"get as much as they can\"\" out of the other guy.  I believe Capitalism has great strengths, and Socialism does as well.  And they both have great weaknesses.  And our current \"\"discourses\"\" refuse to recognize both the strengths and weaknesses at the same time, refuse to look for a better way, if it isn't the way they already decided was right, and are more than willing to anything they can to trash their competition.  That isn't how you solve problems, and isn't how we can \"\"Make America Great Again.\"\"  It's ridiculous and infantile.  The best I can do (right now) is reveal the falsehoods when I see them advertised, and hope people see.  Maybe help people come up with better ideas, like smoothly sliding rather than tiered taxes, and recognizing big money needs to bear big loads, just like the strong need to lift heavy weights, the smart need to delve into the difficult problems, and the caring need to show people care when they need it.  And they should also be rewarded for their efforts.  Just not the way we do things right now, where money trumps all.\""}
{"_id": "559073", "title": "", "text": "Manufacturing *employment*. Manufacturing *output* has increased.  The people who used to be employed in manufacturing are slowly being shuffled to places where they can be more productive rather than taking up space in jobs where they have become extraneous due to productivity gains. This means a lot of retraining is necessary but there's really little alternative.  This has nothing whatsoever with the growth potential of the economy, so I'm not sure why you brought it up."}
{"_id": "559083", "title": "", "text": "\"You're just outright wrong.    I'm sure if you post an ask reddit asking about people who smoke and what they do for a living you will be outright amazed at the cross section you find.  I make 6 figures, work my but off, and run a consulting business on the side and I'm a regular smoker.    I have co-workers who are regular smokers who also make 6 figures, in fact of the people I work with that smoke, the lowest paid makes somewhere in the 70k range.    Now, that anecdotal evidence is not super compelling as there are confounding factors.  But it's far more compelling than \"\"This is how it is because this is how I feel it is\"\", which seems to be the gist of your responses.\""}
{"_id": "559096", "title": "", "text": "\"Henry Ford said something like \"\" I dont ask my customers what they want, They would just ask for a faster horse and carriage.\"\"  He also said that he would sell any color car the customer wants as long as it was black.    Marketing gets a bad wrap because it is usually done wrong.  In reality it is way harder to do right than finance.  partly because there is no mathematical answer.\""}
{"_id": "559103", "title": "", "text": "Standard Markowitz's portfolio optimization takes trend into account, not mean reversion. Otherwise, since a portfolio is a linear combination of your individual assets, you could 1st model them separately and than establish a second-layer criteria for weighting. For the 1st layer, mean reversion (as well as trend) of returns can be captured with a ARIMA model, and for the 2nd layer, you could use the Kelly criterion, for instance. A more direct approach to mean-reversion portfolio selection is working with pairs trading. I'm not linking any materials as those topics are plentiful on the web. ...If that's still not the answer you're looking for... The problem with predicting economic cycles is that, they are long, and we hardly have a sufficient measured history to forecast anything reliable. In order to predict the mean reversion of a stock or bond market cycle, you've got to measure their long-term mean first. And there you'll have disagreements right on the start... Some researchers (see Jeremy Siegel) have tried to measure the long-term mean of returns for various asset classes. Some argue that stocks are the long-run winners and that CAPM explains that, but others say that's just questionable, since measurements go just as far as the western countries (US, UK, etc.) have thrived. Other countries have much more recent economic records."}
{"_id": "559105", "title": "", "text": "If you are refering to company's financial reports and offerings, the required source for companies to disclose the information is the SGX website (www.sgx.com) under the Company Disclosure tab.  This includes annual statements for the last 5 years, prospectus for any shares/debentures/buy back/etc which is being offered, IPO offers and shareholders meetings. You may also find it useful to check the Research section of the SGX website where some of the public listed companies have voluntarily allowed independent research firms to monitor their company for a couple of years and produce a research report. If you are referring to filings under the Companies Act, these can be found at the Accounting and Regulatory Authority (ACRA) website (www.acra.gov.sg) and you can also purchase extracts of specific filings under the ACRA iShop. To understand the Singapore public listing system and the steps to public listing, you may find it useful to purchase one of the resource documents available for Singapore law, finance, tax and corporate secretaryship which are sold by CCH (www.cch.com.sg). Specifically for public listing the Singapore Annotated Listing Manual may help.  It is common practice for companies here to employ law firms and research firms to do the majority of this research instead of doing it themselves which I one of the reasons this information is online but perhaps not so visible. I hope I have understood your question correctly!"}
{"_id": "559111", "title": "", "text": "Here's a reality check. They likely cost on the order of a few million/yr, which is small potatoes compared to what Taibbi makes it sound like. They got caught, and are going to jail.  Since Taibbi exggerates at every turn, and demonstrably so, I do not trust his reporting. The bid riggers were charged with corrupting *dozens* of bids from 1999 to 2006. Know how many bids were performed in that time? I challenge you to find out. I bet there was more than dozens issued over that 7 year period. In fact, since there appear to be 400B in new bonds issues a year and the one mentioned in the story was for 300M, if that is representative of the sizes then there are over 1,000 issued a year, for 7000 or so over that period. They corrupted *dozens*! Oh the humanity.  Feel free to correct any of these numbers as you see fit.  Reading the actual PDF from the charges, one finds that the fraud was no where near as egregious as the Taibbi story makes it out to be.  [Here](http://www.justice.gov/atr/cases/f261600/261602.htm) is the indictment, and [here is the DOJ](http://www.justice.gov/opa/pr/2012/May/12-at-620.html) press release. [Here's](http://www.bondbuyer.com/issues/121_88/cdr-financial-bid-rigging-trial-1039416-1.html) article reporting on the trial with no where near the sensationalism that Taibbi lives for, an article that actually reports *facts* from the case and makes no innunendo. [Here's](http://www.fbi.gov/newyork/press-releases/2012/three-former-financial-services-executives-convicted-for-roles-in-conspiracies-involving-investment-contracts-for-the-proceeds-of-municipal-bonds) FBI press release. Not a single one of these sources that actually had something to do with the investigation, trial, and conviction includes anything near what Taibbi writes.  In fact, other than Taibbi's story and those reporting on it, it appears this is not all the big banks in cahoots to defraud poor bond markets, but a few bad apples that got caught and are getting appropriate punishment.  Let me ask you - how much money did they take? The *total* market appears to be 400B in new sales. Some of the charges included something like changing a 5.04% instrument to a 5% instrument, for an item in a 300 million dollar range. If they reaped the entire difference (which is not likely since there were bid rigging which returns far less the the difference in the rigged bid) that comes to 120K/yr for one of dozens. Taibbi himself writes they may have made up to 87K/yr on that one. Wooo - massive theft!. If all were like that, then dozens is approximately 48 * 87k/yr = 4 million a year. The biggest number for stolen money in any of the actual court documents I have seen ranges in the 50-100K range.   Please provide better evidence *from actual court documents* and not Taibbi style hearsay. Until then I provided you a reality check."}
{"_id": "559124", "title": "", "text": "\"Each time I've been approached about one of these by a friend/associate my reaction is usually \"\"Do you really think that little of me?\"\" It usually puts them on their heels trying to recover and pickup the schtick with some positivity.\""}
{"_id": "559142", "title": "", "text": "They used some software that took like an hour to load the trades but it did all the portfolio allocation and stuff at the same time The reason it took so long was because it pooled all the clients who had that particular trading strat"}
{"_id": "559150", "title": "", "text": "Generally this gets corrected when you file returns for both States -- one owes you some refund, and younowe some money to the other. Multistate tax returns are their own special kettle of worms, so you might want to consider hiring a pro to straighten this out -- their software has some tools personal packages don't."}
{"_id": "559157", "title": "", "text": "\"Bonds are priced \"\"very high\"\" because their price is compared to their yields. With the current interest rates, which are very low, the bond yields will be low. However, bond issuers still need the money, so there still will be high par value, and investors will not sell bonds at a loss unless there's a better investment (=bonds with better yields). Once the rates start going up, you'll see bonds with current rates dropping in value significantly. Once alternatives appear, people holding them will start dumping them to move the money somewhere more profitable. Similarly the stocks - since there's no other investment alternatives (yields on the bonds are low, interests are low), people invest more in the stocks. Once the rates go up, the investors will start rebalancing portfolios and cashing out.\""}
{"_id": "559166", "title": "", "text": "If you buy a CD through a brokerage, the trade confirmation will indicate whether the CDs is FDIC insured. Unless you have authorized the broker (in writing) to exercise discretion in your account, meaning they can act in your account without contacting you first, they must contact you and discuss the specific investment with you before buying it. If they have misled you and the CD is not actually FDIC insured, you have a right to ask them to reverse the transaction.  Keep in mind that brokerages are also required to insure the assets in your account which they hold on their balance sheets (cash, bonds, stocks, mutual funds, but not commodities). This is provided by SIPC, the equivalent of FDIC in the brokerage world. Most large brokerages also insure you beyond the SIPC minimum. Keep in mind, unlike FDIC, you're not insured against market risk, only against a bankruptcy of the brokerage. Also, SIPC is funded by the securities industry, not by the US Government."}
{"_id": "559168", "title": "", "text": "\"So, there is no truly \"\"correct\"\" way to calculate return.  Professionals will often calculate many different rates of return depending on what they wish to understand about their portfolio.  However, the two most common ways of calculating multi-period return though are time-weighted return and money-weighted return. I'll leave the details to this good Investopeadia article, but the big picture is time-weighted returns help you understand how the stock performed during the period in question independent of how you invested it it.  Whereas money-weighted return helps you understand how you performed investing in the stock in question.  From your question, it appears both methods would be useful in combination to help you evaluate your portfolio. Both methods should be fairly easy to calculate yourself in a spread sheet, but if you are interested there are plenty of examples of both in google docs on the web.\""}
{"_id": "559186", "title": "", "text": "I suppose all our (british) newspapers have 'social media teams' which may or may not include spammers, it will become a more common thing.  Bear in mind also that the Daily Mail  (website at least) seems really popular in the US. They are also taking posts from sites like reddit and putting them into their dead tree paper.  I think the issue the admins banned these domains about was that the sites (or agents acting on behalf of) were spamming *and* manipulating the voting system - method unknown."}
{"_id": "559189", "title": "", "text": "&gt;The Great Recession -- including the housing and stock market collapses -- wiped out nearly 30 years of net worth gains for the typical household.  So, stock market drops, rich get richer. Banks crash, rich get richer. Wars rage on, rich get richer. But the middle class loses 30 years. Hmm."}
{"_id": "559198", "title": "", "text": "I think your comment sounded a lot more reasonable and aware of how it goes than the writer; and yes it does makes sense that for little investors like retailers, there is not really a point to consider it, as you said. I don't think it redeems the article at all."}
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{"_id": "559260", "title": "", "text": "You don't see data because you're not looking. What did congress do right after WW2? They slashed spending. All the plants and factories making war time things were now able to make products that people wanted, and the economy took off and people's standard of living rose across the board.   You're not looking back far enough in the euro story. Greece is not the same economy or government as Germany, and that's part of the problem. Putting them into the same centralized economic system with the same interest rates was bound to fail because they are so different. When Greece joined the euro, they saw a massive boom in economic growth from the access to cheap financing costs. There was certainly no lack of demand then eh? What you're seeing is the result of years of supply side problems created by the european union in their quest to be a centralized global super power. The best thing for Greece to do in their current situation is to leave the shackles of the european union and take the drachma back. In the short run they would face a massive devaluation in the currency, and there would certainly be a few tough weeks or months, but the devaluation would incentivise all types of entrepreneurs and businessmen to build there and utilize cheap labor, there would be a flood of tourism and Greece would soon be on a path towards real productive growth. Their only other option is to face decades of austerity, and prolonged unemployment, where they are no longer working for themselves, and have become modern day serfs. We saw similar scenarios play out in both Iceland and Argentina, and Greece will only be the first of many  to drop the the euro.   www.econlib.org/library/Enc/SupplySideEconomics.html"}
{"_id": "559315", "title": "", "text": "This. Everybody is pissed about monopolies but Amazon gets a pass. I have no idea why. They are not going to keep prices this low and barely make a profit forever. Once retailers have gone away they will jack prices up."}
{"_id": "559324", "title": "", "text": "\"First - Welcome to Money.SE. You gave a lot of detail, and it's tough to parse out the single question. Actually, you have multiple issues. $1300 is what you need to pay the tax? In the 25% bracket plus 10% penalty, you have a 65% net amount. $1300/.65 = Exactly $2000. You withdraw $2000, have them (the IRA holder) withhold $700 in federal tax, and you're done.  All that said, don't do it. Nathan's answer - payment plan with IRS - is the way to go.  You've shared with us a important issue. Your budget is running too tight. We have a post here, \"\"the correct order of investing\"\" which provides a great guideline that applies to most visitors. You are missing the part that requires a decent sized emergency fund. In your case, calling it that, may be a misnomer, as the tax bill isn't an unexpected emergency, but something that should have been foreseeable. We have had a number of posts here that advocate the paid in full house. And I always respond that the emergency fund comes first. With $70K of income, you should have $35K or so of liquidity, money readily available. Tax due in April shouldn't be causing you this grief. Please read that post I linked and others here to help you with the budgeting issue.  Last - You are in an enviable position, A half million dollars, no mortgage, mid 40s. Easily doing better than most. So, please forgive the soapbox tone of the above, it was just my \"\"see, that's what I'm talking about\"\" moment from my tenure here.\""}
{"_id": "559333", "title": "", "text": "Yodlee is the back-end which communicates with the banks, and Mint just provide a pretty layer on top. You can sign up for an account with Yodlee directly, which may give you the flexibility you need."}
{"_id": "559342", "title": "", "text": "The problem is that in order for me to be invested enough that it's worth money to me I need to use it for a long time.  I pay for Reddit gold because I'm on this stupid site every day so I feel I should support it.  I never would have come to that decision without using the site for at least a year first."}
{"_id": "559345", "title": "", "text": "Most people interested in reviving antitrust legislation don't have a problem with the tech companies listed 'Facebook, Amazon, Google', all of them suffer from being good, not a monopoly. The bust trusting people want is telecoms, their ISPs mainly, major cell carriers second.   After that they mainly have problems with more traditional but very large corporations that have multiple companies under different brands that pretend to compete. Nestle, P&amp;G, unilever, and other similarly large multinational goods corps."}
{"_id": "559349", "title": "", "text": "Who is going to invest without being a gatekeeper? You don't invest in stuff you don't think is good ... as an investor, you will select who you invest in. You don't invest and sit back and not provide any input on what you think the artist should do to sell themselves so that you make your money back."}
{"_id": "559357", "title": "", "text": "After reading your back and forth with geerussell, its interesting seeing you bring up WWII, where the concern was full output and employment, just as he is suggesting. If the government wants to, it can take a country mired in depression, with women mostly out of the work force and men unemployed in great numbers, and have near full employment and the addition of women in the work force in a few short years. *And they were shipping a lot of their best laborers and much of their output overseas to be simply destroyed.*"}
{"_id": "559363", "title": "", "text": "I've spent enough time researching this question where I feel  comfortable enough providing an answer.  I'll start with the high level fundamentals and work my way down to the specific question that I had. So point #5 is really the starting point for my answer. We want to find companies that are investing their money.  A good company should be reinvesting most of its excess assets so that it can make more money off of them. If a company has too much working capital, then it is not being efficiently reinvested.  That explains why excess working capital can have a negative impact on Return on Capital. But what about the fact that current liabilities in excess of current assets has a positive impact on the Return on Capital calculation?  That is a problem, period.  If current liabilities exceed current assets then the company may have a hard time meeting their short term financial obligations. This could mean borrowing more money, or it could mean something worse - like bankruptcy.  If the company borrows money, then it will have to repay it in the future at higher costs.  This approach could be fine if the company can invest money at a rate of return exceeding the cost of their debt, but to favor debt in the Return on Capital calculation is wrong. That scenario would skew the metric. The company has to overcome this debt. Anyways, this is my understanding, as the amateur investor. My credibility is not even comparable to Greenblatt's credibility, so I have no business calling any part of his calculation wrong. But, in defense of my explanation, Greenblatt doesn't get into these gritty details so I don't know that he allowed current liabilities in excess of current assets to have a positive impact on his Return on Capital calculation."}
{"_id": "559370", "title": "", "text": "First, what country are you in? Canada doesn't offer a mortgage interest tax deduction, the US does. This changes the math a bit, and in the US, the current after tax cost of a mortgage is below our long term inflation rate.   Is the mortgage your only debt? I've seen people religiously pay extra each month to their 6% mortgage while carrying 18% interest debt on credit cards.  Next, there are company matched retirement plans, in the US, a 401(k) plan, where if you put up to 6% or so of your pay into the account, it's effectively doubled upon deposit. I'd be sure not to miss such an opportunity. After these considerations, prepaying is equal to buying a risk free fixed instrument. If that appeals to you, and you've considered the above first, go for it. Keep in mind, money paid to the mortgage isn't easily borrowed back, short of a HELOC. I'd strongly advise that your emergency fund be fully funded (6 months worth of spending) before starting to make extra mortgage payments."}
{"_id": "559371", "title": "", "text": "\"Can I teach children an invaluable skill for free and provide a website or PayPal link for anyone who appreciates the result of my gift to their child and wishes to gift me money (or maybe they don\u2019t have a child but believe in my revolutionary contribution to the future) as they see fit, up to $10K? Two immediately obvious problems with this strategy: What about when you receive gifts from people who aren't in the US? You have to declare, and pay taxes on, foreign gifts. It seems to me that these may not be gifts because they are given in connection with the service you provided rather than from \"\"detached and disinterested generosity\"\" as required to make the gift tax exempt. (See Commisioner v. Duberstein -- gift given to thank associate for a sales lead did not arise from detached generosity. See Stanton v. United States -- gift given in appreciation of services rendered may or may not be a gift for tax purposes. See also Bogardus v. Commissioner -- gifts inspired by past service can be tax exempt.)\""}
{"_id": "559393", "title": "", "text": "\"Six figures for college graduates. It's comparable to Apple and Google, except that Seattle has a lower cost of living than Silicon Valley so it's comparatively better pay. The downside is that there's a perception that working for Microsoft isn't as \"\"cool\"\" as Apple or Google.\""}
{"_id": "559407", "title": "", "text": "I actually don't have a finance/accounting background but a much more technical background within my sector and had some general finance knowledge. However, most have finance/accounting degrees I work with, and then learn their sector.  Many (a third?) straight out of school, most associates with just a few years of experience in finance/accounting related jobs, not necessarily equity research.  Don't fret about not having much luck so far, keep looking for a good opening and understand that a lot of jobs in finance/accounting fields can lead you to other positions."}
{"_id": "559417", "title": "", "text": "When I log in to Schwab to look at these options it tells me there's only Adjusted Options available on these terms: Adjusted Options:   Multiplier: 100; Deliverable: 15 PTIE; Cash: ---- It does confirm your July Call quote price of $0.05 because the contract, though priced for 100 shares, will only deliver 15 shares.  Separately, looking at the company website for news there was a 7 for 1 Reverse Split announced on May 8, which is the culprit for this option adjustment and the seemingly nonsensical call price."}
{"_id": "559427", "title": "", "text": "If managed correctly, there's no reason the *Rolling Stone* brand shouldn't thrive, but it has been run into the ground and has essentially thrown away any and all goodwill it had. Honestly, it seems like Wenner wants to cash out before the UVA case(s) are finalized."}
{"_id": "559436", "title": "", "text": "The ex-dividend date, prevents this, but people are still able to do this and this is an investment strategy. There are some illiquid and immature markets where prices don't adjust.  In the options market people are able to find mispriced deep in the money calls to take advantage of the ex-dividend date. It is called dividend capture using covered calls."}
{"_id": "559477", "title": "", "text": "Recent grads from Berkeley's program are reporting 100-150k/yr.  If you look at job postings you'll find offers up to 300k/yr and in a few rare instances I've seen 500k+.  The key though for those really high paying jobs is that you must have a PhD and must be an expert programmer. Look at it more like they're giving you the capital to build an HFT system that makes the money - you're practically a business partner."}
{"_id": "559482", "title": "", "text": "It certainly makes the NAFTA renegotiations unnecessary. Canada has already stated that it will not relax/weaken provisions in the Paris Agreement and will therefore be piling carbon tariffs onto US imports.   There is hope however. Rejecting Trump's opinion on the matter, several states will seek out their own trade agreements with Canada and the world as they are committed to following the Paris Agreement on their own. (Governor Brown has even gone on to state that California will not remit any federal taxes for its independent, Paris Agreement trade deals)"}
{"_id": "559484", "title": "", "text": "As regards Inheritance Tax if your parents are abroad the question must be asked about their Domicile status as non doms are generally only subject to IHT on assets situated in the UK."}
{"_id": "559522", "title": "", "text": "\"It will depend somewhat on the rules where the company is formed, and perhaps how much you're talking about investing. I don't know about Canada, but when I've formed businesses in the U.S., I've been advised to invest some of the money as an equity investment, and the bulk of the remainder as a loan. You say \"\"more shares\"\", so it sounds like you've already invested some money and need to inject another round. If you make a loan to the company, make sure everything is done at arm's length -- you'll need to wear the hat of the Company Management and sign a contract with yourself, use a market-based interest rate, and make sure the company is paying you back with interest. An alternative which may work if you expect cash flow soon is to pay for certain expenses personally and then submit an expense report to the company, which will pay you back. Overall, a quick consultation with your accountant should be a relatively inexpensive way to get the best answer for your specific circumstances.\""}
{"_id": "559523", "title": "", "text": "Get a loan at a decent interest rate and use that to pay off all of the credit cards. Then pay into that loan and leave the credit cards alone. Cancel them and don't use them. Credit card debt is possibly the worst kind of debt. So expensive. It's not designed for long term borrowing. It's designed to be paid off completely every month. Get a single loan and consolidate all your debt into it. It will have a lower interest rate and cost you a lot less in the long term."}
{"_id": "559529", "title": "", "text": "Prior to having children we did exactly what you describe.  We would visit my mother in law about four to six times a year, a 350-mile-each-way trip for a weekend.  We'd simply rent a car, drive down, drive back, return it, out $150 or so for the weekend, a total of under $1000 a year; far cheaper than owning. You should factor in whether you will save money, though, on things you might not immediately consider.  Will you spend less on groceries, in particular, if you can drive to Costco or Sam's Club (or even just to a regular grocery store)?  I doubt you'll save the cost of the car ($2000/year as you say), but it's possible it will factor into the mix. I definitely would discourage purchasing a new car, if you're considering the financial side primarily.  I suspect you can get a used car - maybe the $10k car you would've sold - and spend more like $1000 a year on it, or less.  I don't know if I'd go to the $5000 level as those in comments suggested, as if you're doing long trips you want something with higher than average reliability; but even a car like a 5 year old mid-level sedan, easily costing you less than $10k, would be fine and likely sell in 5 years for $5k itself while hopefully not having too much maintenance (especially if you choose something with lower mileage; shop around!).  But even with those assumptions, 20 days a year of rental which you can probably get less than $50 rates on (particularly if you look at some of the car sharing options, Zipcar and Enterprise both allow you to do longer term rentals for reasonable prices) seems like a fine deal compared to the hassle of owning."}
{"_id": "559538", "title": "", "text": "I didn't sign up for the exam until March, so I have been a little bit behind. If I pass, I plan on starting on level 2 in late fall (I know too many people who couldn't get past it)."}
{"_id": "559539", "title": "", "text": "The answer depends entirely on your mortgage terms - is the interest rate low, how many years left? Questions like this are about Cost of Capital. If your mortgage has a low interest for a lot of years, you have a low cost of capital.  By paying it off early, you are dumping that low cost of capital. Use the extra money to start a business, invest in something or even buy another property (rental).  Whenever you have a low cost of capital, don't rush to get rid of it. Of course, if there are no other investment/business opportunities available and the extra money is going into a low return savings account, you might as well pay down your debt.  Or if you lack the self discipline to use the extra money properly - buying flat screens and meals out - then yeah just pay down your debt. But if you're disciplined with the extra money, use it to get access to more capital and make that new capital work for you."}
{"_id": "559553", "title": "", "text": "NRE is better. It's a tax free account, exempt from income tax. NRE account is freely repatriable (Principal and interest earned) while the NRO account has restricted repatriability"}
{"_id": "559556", "title": "", "text": "\"It's called disposable income for a reason. It's what's left after obligations, whatever bills you have, and saving. Saving half one's income is pretty much at one end of the spectrum, very few can afford this. The combination of high savings and low actual spending will enable you to retire very early if you wish.  Saving 'only' 15% might actually be out of your comfort zone, maybe 25% will keep you happy. What remains is yours to spend on what you wish, whatever makes you happy. There was a time I joked \"\"I spent most of my money on women and beer. The rest, I wasted.\"\" Now, I don't mind travel, but it's not my passion. If traveling the world is yours, do it. Enjoy every minute of it.\""}
{"_id": "559586", "title": "", "text": "\"I wrote about it above... my employer doesn't pay for the service,  and isn't under any contract (other peer companies do pay for it). I'm partially a hero for completing the project for free, but that's another story.   I also created the company and did the work outside of business hours, so that I wouldn't breach any conflict of interest rules.   And being a government body, rather than a \"\"for profit\"\" corporation actually makes this kind of thing a lot easier to do, assuming you don't charge your employer money.\""}
{"_id": "559600", "title": "", "text": "Oh definitely, you just need to be willing to work in Bismarck ND, or various parts of the rustbelt. And it's not that you're getting paid especially high, it's that everything is so insanely cheap (for the most part).  The last enclave of decent earning potential, really cheap living, and decent weather/enough stuff to do to keep you content is deep south college towns, but those are a secret so shush!"}
{"_id": "559602", "title": "", "text": "I don't agree he should be fired, but this was a huge fuck up by leadership. Google is already getting sued by women employees. They have a bad rep among women and even among some minorities. There were rumors Google didn't like conservatives, now they basically showed it.  He is going to sue for wrongful termination. They're going to settle. Googles reputation has been hurt. There is talk of busting them up. This guy now has a growing twitter population and anti Google stuff is all over Silicon Valley and the internet.   The thing is there were better options if they wanted to get rid of him. It was a very stupid business decision."}
{"_id": "559612", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.news.com.au/finance/economy/australian-economy/issuing-new-loans-against-unrealised-capital-gains-has-created-an-australian-house-of-cards/news-story/853e540ce0a8ed95d5881a730b6ed2c9) reduced by 87%. (I'm a bot) ***** &gt; THE Australian mortgage market has &amp;quot;Ballooned&amp;quot; due to banks issuing new loans against unrealised capital gains of existing investment properties, creating a $1.7 trillion &amp;quot;House of cards&amp;quot;, a new report warns.  &gt; The report describes the system as a &amp;quot;Classic mortgage Ponzi finance model&amp;quot;, with newly purchased properties often generating net rental income losses, adversely impacting upon cash flows.  &gt; Melbourne&amp;#039;s median house price has risen by 12.7 per cent over the past year to $695,500, with Brisbane up 3 per cent to $488,757, Adelaide 5.2 per cent to $430,109, Hobart 13.6 per cent to $383,438 and Canberra 12.9 per cent to $575,173.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z9ea1/issuing_new_loans_against_unrealised_capital/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207582 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **property**^#1 **per**^#2 **cent**^#3 **report**^#4 **market**^#5\""}
{"_id": "559618", "title": "", "text": "\"Somehow I just stumbled onto this thread...  &gt; You essentially robbed the person holding the debt (since you promised to pay it off).   Depends on leverage, with fractional reserve lending.  Banks are permitted to loan out 30x their actual assets, or more.  If I have $1 but can loan out $30, and anything more than $1 gets paid back, I haven't lost any money.  In addition, I can write off the amount defaulted, *and the government will pay me back* for certain types of loans.  With student loans, since they are almost impossible to discharge, gov't will pursue the borrower for years and decades, and ultimately collect more interest.  Here is an article on it:  http://online.wsj.com/article/SB10001424052748704723104576061953842079760.html  &gt; According to Kantrowitz, the government stands to earn $2,010.44 more in interest from a $10,000 loan that defaulted than if it had been paid in full over a 20-year term, and $6,522.00 more than if it had been paid back in 10 years. Alan Collinge, founder of borrowers' rights advocacy Student Loan Justice, said the high recovery rates provide a \"\"perverted incentive\"\" for the government to allow loans to go into default. Kantrowitz estimates the recovery rate would need to fall to below 50% in order for default prevention efforts to become more lucrative than defaults themselves.   Not to mention:  http://studentloanjustice.org/defaults-making-money.html  &gt; So essentially, the Department is given a choice:  Either do nothing and get nothing, or outlay cash with the knowledge that this outlay will realize a 22 percent return, ultimately (minus the governments cost of money and collection costs).  From this perspective, it is clear that based solely on financial motivations, and without specific detailed knowledge of the loan (i.e. borrower characteristics, etc.), the chooser would clearly favor the default scenario,  for not only the  return, but perhaps the potential savings in subsidy payment as well,     And don't forget the penalties accruing to the person defaulting; they will probably have to move out of the country in order to escape collection.  And let's factor in the huge ROI the lender sees by creating an indentured servant class.  Plus, the gov't will issue as much currency as it wants, to make *itself* whole.  And how much of a loss IS the loss, when the whole of the loan amount went right back into the local economy, paying professors, janitors, landlords, grocery stores, etc.?  And don't forget all THOSE taxes (income and sale) that the gov't collects.  Government will collect ~30%-50% of the loan immediately as income and sales tax, plus a portion of it every time the money changes hands (I pay income tax, then use some of my after-tax money to pay you for a product or service, and you still have to pay tax on that money, and so on).  So it's more complicated than having \"\"robbed the person holding the debt\"\".  Banks at 30x leverage don't lose money as long as they get back 1/30th of the total amount lent out, including interest, fees, and penalties, before considering write-offs and government repayment.  In fact, the point of over-leverage is so you CAN make loans that have risk attached.  If you could only lend what you actually had, you would have to stay away from anything risky because it would be too easy to lose money.  Having virtual $ to bet means you can serve market segments that have higher risk.  This makes MORE money for the banks, that's why they do it.  They are already playing with funny money, so they don't lose any even if you default and move to another country.  And the money you \"\"spent\"\" has also made its way back to them in various amounts, such as your professor's mortgage payments, auto loan, etc.  Your taking on debt already helped the bank get its OTHER loans repaid.  So, roughly speaking, if you took out $90,000 and $3,000 of that made its way back to the bank through various means, they haven't lost any money, because it only cost them $3,000 actual dollars in the first place.\""}
{"_id": "559635", "title": "", "text": "Tradable is a much broader term than marketable.  For example, some programmers/developers sell their services online, hence programming is a tradable service.  However, it is not a security nor is it marketable since it cannot readily be converted to cash.  All marketable securities are, by definition, tradable."}
{"_id": "559641", "title": "", "text": "&gt; Contingencies such as losing your job, being unemployed, or working for lower salary are excluded of course.  Why?  Lower education increases your likelihood of being unemployed for a prolonged period.  Even during this Great Recession, [the unemployment rate for those with a bachelor's degree and older than 25 never exceeded 5%.](http://4.bp.blogspot.com/_4jIlyJ10uJU/TP1rTP2Me3I/AAAAAAAAKp0/JbKB1WQWVLE/s1600/UnemploymentEducationSept2010.jpg)    Edit:  &gt; 90% of the people will not reach 300-400K more in their lifetime.  The difference of the median of those with a bachelor's compared to those with high school diploma in [2009 was 15K per year](http://nces.ed.gov/fastfacts/display.asp?id=77) for full-time, full-year wage and salary workers ages 25\u201334.    At 15K per year for the 40+ years of work from 22 or so to 65, it will be 600K.   But the gap will widen as the employees age.  Professionals will have career advancement with resulting increase is salary.    For all ages, [the difference between median salary for a bachelor's degree holder compare to high school diploma is 19.5K \\($46,930 compared to $27,380\\)](http://nces.ed.gov/programs/digest/d10/tables/dt10_392.asp)"}
{"_id": "559654", "title": "", "text": "If your new employer has a Final Salary or defined benefit type pension scheme, join it. DB plans are attractive because they are often less a risk for the employee. If your employer has a defined contribution scheme and contributes to it, join it and contribute at least up to the maximum amount that they will match \u2013 otherwise you are leaving free money on the table. You also probably need to sit down with an independent adviser for what to do with your existing pension (is it a DC or DB) and if you want to have a pension outside of your employer."}
{"_id": "559655", "title": "", "text": "The principle here seems to be that just betting itself is not taxable. From BIM22015  The basic position is that betting and gambling, as such, do not constitute trading However,  An organised activity to make profits out of the gambling public will normally amount to trading. The idea seems to be that being a bookmaker is taxable, but just making bets is not. BIM22017 going into it a bit more: The fact that a taxpayer has a system by which they place their bets, or that they are sufficiently successful to earn a living by gambling does not make their activities a trade. BIM22018 goes into detail on the other side, talking those who are taxable: An organised activity to make profits out of the gambling public will normally amount to trading. An example of this is the bookmaker. ... The key feature is that the taxpayer is likely to be involved in the organisation of the activity. They are not mere punters. They are carrying on an activity where the odds are in their favour. The links prove further information, but the theme seems to be that acting as a bookmaker would be trading income, which is taxable, but acting like a punter, even one with a system, would not be. It's not clear from your description which applies. You may need further advice on the tax treatment that is appropriate. Also follow each of the links for further information. BIM22015 provides links to the most relevant information.   Note, it isn't true that all income is taxable, regardless of source. BIM15035 talks about this. It specifies that for something to be taxable income, it must come from a taxable source.  If, for example, a taxpayer is a trader that does not mean that any non-capital receipt he or she gets is chargeable as trading income. It must also be a receipt forming part of the profits of the trade, which is the taxable \u2018source\u2019"}
{"_id": "559671", "title": "", "text": "Your back of the envelope calculation shows an income of about 5.5% per year, which is much better than a bank. The risk of course is that in a few years when you want to sell the stock, the price may not be at the level you want. The question is what are you giving up with this plan. You have 80K in cash, will cutting it to 30K in cash make it harder for your business to survive? If your income from the business starts slowly, having that 50K in cash may be better. Selling the stock when the business is desperate for money may lock in losses."}
{"_id": "559686", "title": "", "text": "Let's say you've got an idea for an instrument that could be used to hedge non-depreciating assets (commodities for instance) with benefits including getting rid of the basis risks associated with the futures market.  What would be some suggestions on how to market the idea without being left out of the loop? I work neither in a bank nor at a trading house, but as an analyst in the shipping sector and therefore don't stand to benefit directly from my own idea if I were to share it with a party that could make use of it.   Hope this is the sort of question that's within the scope of this thread. Any insight in how such issues can be dealt with would be much appreciated."}
{"_id": "559691", "title": "", "text": "They're not fully opposing SOPA, that's an error in the title of this post.    They still assert that SOPA is an attempt to fix something that's broken, their problem (according to the press releases) seems to be with some of the minutae in the bill.    While they've backed down somewhat, it's just not accurate to say they're in 'full SOPA opposition'."}
{"_id": "559699", "title": "", "text": "Mortgage interest is a different story. That's a consumer financing consumption. A business is financing a profit making enterprise.  Not sure what the implications would be once this settles down -- probably less long term debt and a greater dependency on equity financing."}
{"_id": "559718", "title": "", "text": "It's generally a bad idea to use low-risk credit (low-risk in sense you're practically guaranteed to be forced to pay it off) to buy high-risk shares. In optimistic scenario, the profit from shares would be higher than your credit percentages. In less optimistic scenario you come with nothing. In worse scenario you have worthless shares and another credit to pay.  If your only problem is the non-profitable property, you can always sell it and get rid of negative cash flow. It won't affect your quality of life negatively. In your high-risk scenario you trade the opportunity for a bit better life with for a risk of turning it into disaster for you and your family."}
{"_id": "559738", "title": "", "text": "\"I've been saying for awhile now, social media is dead. You can't make money from social media. Why anyone thought you could make money from social media is a bizarre mystery. There are only two revenue models in existence currently, subscriptions, and why would anyone pay for service when there's a thousand free sites, and advertising.  Advertising on the internet is dead, that means social media as a for-profit industry is dead.  And good riddance. Social media is _stupid_. If you want to blog, make a blog. OWN your blog. People can still \"\"follow\"\" it using this amazing technology known as RSS which has been around for a really long time.   Facebook and Twitter are both doomed. Neither one makes a dime from their core product, which is micro-blogging. Facebook only makes money because they're an umbrella company that owns a lot of other products. Twitter doesn't make money and is going to vanish in the coming years.  I hope this is a lesson to everyone. The internet is not a magical ATM machine, just because you don't know how it works. You still need to create value to create wealth.\""}
{"_id": "559741", "title": "", "text": "Nonsense! If there are no immigrants willing to work for cheap, then the natives will be paid more to do those jobs.   Actually, more likely, the natives will work in jobs to automate work done by cheap immigrants. Developing automation is hampered by cheap labor because why bother to automate if you have cheap labor?"}
{"_id": "559745", "title": "", "text": "\"@fredsbend, Hope this helps!  \"\"I understand that a reverse mortgage can be paid out in two ways: A lump sum and monthly payments. I figure that if you take the lump sum, eventually, the bank wants you to start paying it back.\"\" Answer:   Actually, there are 3 payout options, or 4 if you consider a combination payout as another one. There's a lump sum, a line of credit, or the monthly payout, or a combination.  \"\"I figure that if you take the monthly payments, eventually, the bank stops paying out and wants you to pay it back. In both situations, interest accrues and this is how the bank makes money off of the deal\"\".  Answer: The only time the monthly payments would stop would be if the borrower defaults on the lenders' terms or they no longer live at home. You are right though, and interest does accrue on whichever payment is decided on. I'm not sure how the lender makes money, probably by the interest, but I know borrowers are protected against high rates and owing more than your house. Here's an article I found that goes over the protections more in detail: https://www.americanadvisorsgroup.com/news/6-consumer-protections-reverse-mortgage-loan-borrowers.  \"\"But what determines when you have to begin paying back the reverse mortgage? Some sources online seem to say that it's based only on if you die or would like to sell/move. That can't be right in all situations, because you could end up with a massive debt on a property more than its value.\"\"  Answer: There are a lot of protections or regulations in place to protect anyone who takes out a reverse mortgage. One being, you can't owe MORE than your house is valued at during the time of repayment, a reverse mortgage is a non-recourse loan. In the instance that your house is less than you owe, you either sell the home and the proceeds are used to pay the loan and you keep the rest OR if you owe more than the house proceeds of the home go to the lender. Either way, you're not left paying for a \"\"mortgage\"\" without the house. In the case the parent, grandparent passes, then the heirs would have a choice of either paying back the reverse mortgage in payments, OR they can sell the house, heirs are protected during this as well to make sure they're not left with major debt in case of anything.  Is there a formula to figure out when the bank stops the monthly payments and then wants it back?  **Answer:**The amount becomes due if loan terms are not met, but the lender will discuss the options if it comes to that.  Is there a different formula for when the lump sum would have to be paid back?\"\"  Answer: Each payout option has the same terms and the same pay back terms. As long as terms are met, the lender can't ask for early repayment.\""}
{"_id": "559746", "title": "", "text": "My take is there's room for a lot of models on the Internet, just as there is room for nonprofits, for-profit businesses and other types of organizations in the brick and mortar world. The Internet is a flexible medium that can be used a number of ways. The best part of it to me is that people vote by their actions --- if I hate ad-supported sites, I can ignore them. If I'm willing to pay for, say, news, I can do that, too."}
{"_id": "559761", "title": "", "text": "Economically it doesn't make much difference, but I like to control the account because I can adjust the amount I put aide each month based on the new tax rates that come out each spring. This allow me finer control. I also know that the bills have been paid, I had one lender years ago that failed to pay the property tax bill, I had to end the money in to the county, and then pend months fighting the lender to get the money back. Now I avoid escrow accounts.  The money being collected by the mortgage servicing company for property taxes and property insurance goes into a separate account. The company insists on handling the funds to make sure that these bills are paid on time, thus protecting their investment. The failure to pay the taxes leaves the property subject to forfeiture via tax lien.  The failure to pay property insurance leaves the house unprotected if there is a fire or other incident. You can avoid the use of an escrow  account if you have enough equity in the account. Some lenders ask for you to provide proof of payment each year if you are going to pay it yourself.  At the end of each year the servicing company will provide you with an accounting for interest on the loan, and the amount of money spent on taxes and insurance. Also expect that they will make adjustments to the monthly withholding based on estimated increases for taxes and insurance.  Depending on your financial situation the interest, taxes may be included on Schedule A. If you have a rental property the interest, taxes and insurance are considered expenses that you can write off. The biggest issue with escrow accounts is that the company can have a buffer built in to protect them from unexpected increases. Many people view the calculation of the buffer a confusing and feel that they are overpaying.  If you want to avoid the escrow account you should make sure that each month you put the money into a separate account so that when the property tax bill is due you can pay it on time. When savings accounts earned significant interest it was possible to make a little money in the deal, but that hasn't been true for the last few years."}
{"_id": "559762", "title": "", "text": "Really I don't understand why they would run anything like an ATM or voting machine with more than a command line. They could also be using hardware the equivalent of a high school scientific calculator and do the same job. Putting in anything resembling a modern processor or computer into a single-purpose security device just screams incompetence to me."}
{"_id": "559768", "title": "", "text": "\"What you are seeking is termed \"\"Alpha\"\", the mispricing in the market. Specifically, Alpha is the price error when compared to the market return and beta of the stock. Modern portfolio theory suggests that a portfolio with good Alpha will maximize profits for a given risk tolerance. The efficient market hypotheses suggests that Alpha is always zero. The EMH also suggests that taxes, human effort and information propagation delays don't exist (i.e. it is wrong). For someone who is right, the best specific answer to your question is presented Ben Graham's book \"\"The Intelligent Investor\"\" (starting on page 280). And even still, that book is better summarized by Warren Buffet (see Berkshire Hathaway Letters to Shareholders). In a great disservice to the geniuses above it can be summarized much further: closely follow the company to estimate its true earnings potential... and ignore the prices the market is quoting. ADDENDUM: And when you have earnings potential, calculate value with: NPV = sum(each income piece/(1+cost of capital)^time) Update: See http://finance.fortune.cnn.com/2014/02/24/warren-buffett-berkshire-letter/ \"\"When Charlie Munger and I buy stocks...\"\" for these same ideas right from the horse's mouth\""}
{"_id": "559771", "title": "", "text": "I agree! For an interview suit - I would go to men's warehouse and get a suit that fits.  If you're not wearing it all the time, you don't need a BB suit. I wear suits all the time for work and I love BB, but most people won't notice the difference, and even if they do, they don't expect a job applicant to be wearing a $1000 suit.  I'm going to trial tomorrow in a men's warehouse suit - wore BB today - no one will know or care.   Shoes though... get good shoes. I like AE and Johnston &amp; Murphy.  Two pair has lasted me 4 years and they look great. I'd wear out $75 shoes in a few month.  This isn't necessary for a job interview though, but when you're looking for work shoes down the road..."}
{"_id": "559774", "title": "", "text": "I have never worked at Wal-Mart.  Additionally, the employees under me loved working for me. Nights when I would close, when I came in, workers would ask if I was the only once closing and be very happy when I was. I never received a single complaint and once I left, many of them have since contacted me to hang out in off work hours. I treated them all with respect.  As far as the pay itself, I worked for a major corporation so at the store level, you don't have much say in what was a very structured pay-raise scale.  You can treat people with respect while also demanding that they do a good job. In fact, I think workers don't respect those bosses that allow shitty work. I know I don't."}
{"_id": "559791", "title": "", "text": "Out of curiosity, do you use any social media services (reddit included) that you would be willing to pay a subscription for?  It costs money to host a website. Content may also cost money. Other than advertising, there are very few other routes a website could go down for a regular income, and fewer routes that have actually succeeded.   Strip out advertising and the majority of the internet - certainly the most popular sites - would cease to exist, I feel."}
{"_id": "559840", "title": "", "text": "\"For me, it would be hard to leave all forms of money at home (cash, credit card, debit card.)  There are times when you simply need to have money on hand.  But, here's a simple idea I have that lets you bring your cards with you, yet still puts up a hurdle to curb impulse buying. When you're in a situation where you want to buy something, the card that's in your wallet/purse will be wrapped in your crafted \"\"reminder envelope.\"\"  You'll see the reminder, which is hopefully enough.  Then, in order to make a purchase you'll need to tear it open.  That should get you to think twice. The one problem with the above is online purchases: If you have memorized your card information, add this rule for yourself:  No online purchases without the payment card present and visible.  (i.e. you also must tear open the envelope for online purchases.)\""}
{"_id": "559842", "title": "", "text": "I got an xbox one s, an extra controller, some charger thing, and 3 games(two of which I probably would have gotten anyway) for $240   I think that's a pretty good deal.  I had been looking for a switch since launch, but since apparently I still can't buy one (at MSRP) anywhere in a store,  I finally gave up."}
{"_id": "559846", "title": "", "text": "I've been looking through annual reports of some Canadian insurance companies. Having serious trouble with their reporting; it varies widely. I've been trying to create a historic look at the combined ratios, and have been comparing income statements. Maybe that's the wrong place to look."}
{"_id": "559852", "title": "", "text": "Of course, 100k a year is middle to upper middle in almost every location except the global hubs of America (la, San Fran, new york, etc etc). I know where i live a family making 100k is just 227$ away from upper class (according to Washington posts calculator). Hell growing up my mother made 38k and she was able to afford a 150k house, yearly vacation trips abroad, and a new car paid off in 1 year. By all means of the article that is the aspirations Joe Biden quoted. The only difference is we live in the midwest. I think no one living in California, New York city, miami, etc. should get delusional and believe that our most demanded locations will have room for everyone, especially at a reasonable rate. People are willing to spend 5k for a studio in New York because it is a city of opportunity, San Francisco is not a place to let life come to you. What i love about the Midwest is that living is incredibly cheap, and if you have established yourself soon enough there is a fortune to be made, especially in real estate. Not to mention we have Chicago, Detroit, Cedar Point which almost every family is close enough and earns enough to visit at least once a year. We may not have enough to afford Lamborghini's, multi million dollar houses, or to visit paris on a whim but I feel most in the midwest have enough to love comfortably and save for retirement atleast (minus maybe the bible belt)"}
{"_id": "559858", "title": "", "text": "&gt;[**\u041d\u043e\u0432\u044b\u0435 \u043f\u0440\u043e\u0435\u043a\u0442\u044b \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439 \u0438 \u0441\u043a\u0430\u043c\u044b! \u041a\u0430\u043a \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u0432 \u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442\u0435 \u0432 2017 \u0433\u043e\u0434\u0443! \u0422\u043e\u043f \u043b\u0443\u0447\u0448\u0438\u0445 \u0441\u0430\u0439\u0442\u043e\u0432 2017 [3:37]**](http://youtu.be/MSTH3UQeneA)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0438 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u0438 \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0412\u0435\u043a\u0442\u043e\u0440 ^\u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^5 ^views ^since ^Jul ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "559866", "title": "", "text": "Generally speaking no person or program is really going to be able to help you lower your current tax burden, most tax decisions are done well before you reach the tax time. You either qualify for the deduction/credit or your don't. Where a good accountant will really be able to help you out is in planning that will limit your future tax burden. Particularly if you run a small business or are very wealthy you will probably want to consider using an accountant. I would always avoid the large scale tax prep places like HR Block they provide the same or lower quality service for a higher price than the software. I run a small business and do my own taxes using turbo tax, but my business isn't overly complex Sole prop, no employees, couple 1099's simple expenses (nothing to amortize) etc."}
{"_id": "559883", "title": "", "text": "You are close to understanding, but it looks like you are slightly off: regular 401K - The amount you contribute is taken out of your taxable income for tax purposes in the tax year you earn it. However, when you take it out at retirement that withdrawal counts as income for tax purposes. (You pay the tax on the money later) Roth 401K - The amount you contribute is not taken out of your taxable income for tax purposes in the tax year you earn it. However, when you take it out at retirement that withdrawal will not as income for tax purposes. (You pay the tax on the money now.) Additional benefit: You don't pay tax ever on the gains."}
{"_id": "559884", "title": "", "text": "The dividend quoted on a site like the one you linked to on Yahoo shows what 1 investor owning 1 share received from the company. It is not adjusted at all for taxes. (Actually some dividend quotes are adjusted but not for taxes... see below.)  It is not adjusted because most dividends are taxed as ordinary income. This means different rates for different people, and so for simplicity's sake the quotes just show what an investor would be paid.  You're responsible for calculating and paying your own taxes.  From the IRS website: Ordinary Dividends Ordinary (taxable) dividends are the most common type of distribution from a corporation or a mutual fund. They are paid out of earnings and profits and are ordinary income to you. This means they are not capital gains. You can assume that any dividend you receive on common or preferred stock is an ordinary dividend unless the paying corporation or mutual fund tells you otherwise. Ordinary dividends will be shown in box 1a of the Form 1099-DIV you receive. Now my disclaimer... what you see on a normal stock quote for dividend in Yahoo or Google Finance is adjusted. (Like here for GE.) Many corporations actually pay out quarterly dividends. So the number shown for a dividend will be the most recent quarterly dividend [times] 4 quarters. To find out what you would receive as an actual payment, you would need to divide GE's current $0.76 dividend by 4 quarters... $0.19. So you would receive that amount for each share of stock you owned in GE."}
{"_id": "559885", "title": "", "text": "No. Empirically no.  The issue at hand has little to do with market confidence. This loss of confidence is the effect of the problem. It's cause is the result of a wholly inadequate fiscal transfer mechanism that is incapable of addressing demand shocks. While there are relevant political and ideological parameters worthy of analysis, they render themselves moot because of the structural constraints of monetary union.  My two cents."}
{"_id": "559886", "title": "", "text": "Summarized article: In an effort to increase funding to cover expenses, some states are considering selling sponsorship rights for highway rest areas.   States can spend millions of dollars every year to maintain rest areas so corporate sponsorship is viewed as a viable way to keep rest areas open.   Georgia, Iowa, Ohio and Virginia are currently seeking bids from private companies. Ohio is also considering selling sponsorship rights for bridges.   The Federal Highway Administration allows corporate sponsorship as long as signs are consistent with other highway signs.   Because many drivers fall asleep at the wheel when they go long periods without breaks, rest areas play an important role in keeping highways safe.  * For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit"}
{"_id": "559889", "title": "", "text": "yeah but most likely, it's a 1x liquidation preference. The startup isn't going to generate cash flows enough to pay off the initial investment to the investor. Technically it isn't exactly specified as only triggered on a liquidation event because OP didn't specify the real legal language but it seems likely that's the case. Point 2 is exactly what a liquidation preference is. No way the owner of the company is participating in anything until the investor gets his initial investment back."}
{"_id": "559900", "title": "", "text": "I think it is clear that this has a lot to do with keeping salaries down.    The company has a maximal possible salary limit (i.e. the most they would be willing and able to pay) for what you do.  You have a minimal possible salary.  Both of you know that the current salary is in between the two figures.  For negotiations it would be very useful for you to know the maximal possible salary (i.e. the utmost the company would be willing to pay you to stay and continue); the company on the other hand is obliged to keep costs low and hence would like to know your new minimum acceptable salary so they won't make an offer too high.    But if you knew all salaries of people around you -- you could make a better guess about your own maximal possible salary.  You probably would over-estimate it because we all tend to over-estimate our own relevance and competence, but it would be a better informed guess at least.  The company would hence give up an informational advantage which could lead them to have higher costs.  So they will ask you how much you were offered at the competitor (i.e. they will be close to your new minimum acceptable salary) while trying to prevent you from learning anything about the maximal possible salary.."}
{"_id": "559901", "title": "", "text": "I did answer, and you not only misinterpreted my answers but presumed I hold opinions that I don't, then argued against those opinions I had never expressed, using arguments based on unsupported speculation rather than fact, and couching your response in personal attacks.   You're being ridiculous, which is why I'm done attempting to discuss the topic with you."}
{"_id": "559908", "title": "", "text": "Li\u00ean h\u1ec7 Jimmy Group  Trung t\u00e2m SMS: 016 435 09 274 (kh\u00f4ng nh\u1eadn cu\u1ed9c g\u1ecdi \u2013 tin nh\u1eafn)  Hotline c\u1ee7a Jimmy Group: 0 1992 111199 (t\u01b0 v\u1ea5n \u2013 h\u1ed7 tr\u1ee3 d\u1ecbch v\u1ee5 \u2013 vi\u1ec7c l\u00e0m)  Hotline kh\u00e1ch h\u00e0ng h\u00e0ng c\u1ee7a Jimmy Group: 01 222 50 9899 (ch\u1ec9 ph\u1ee5c v\u1ee5 kh\u00e1ch h\u00e0ng VIP)"}
{"_id": "559912", "title": "", "text": "Well basically a lot of dot-com companies that had no real plans for having actual profit's, self-destructed. I had worked for a company called VarsityOnline.com which was depending on endless money from investor's, and had never really made any kind of profit, for which it had ample opportunity. People lost sight of reality, that just because it wasn't a real brick and mortar store, that common sense, good service and good products didn't matter. We were so clueless back then."}
{"_id": "559915", "title": "", "text": "\"... which is why the entire \"\"it costs 1.8 cents to make a penny\"\" argument is meaningless.  We're not losing 0.8 cents per penny made.  If that was true, we'd also be ***gaining*** $99.877 for every $100 bill that was printed ([which costs 12.3 cents to make](http://mentalfloss.com/article/68650/how-much-does-it-cost-manufacture-us-paper-money)) - which would more than offset the non-existent \"\"loss\"\" that people seem to think we incur producing pennies.\""}
{"_id": "559924", "title": "", "text": "\"In Europe you can get a huge problem with the financial authorities if you do deals with a daughter company which are not done \"\"at arm's length\"\", e.g. by inflated fees or costs.  (This can be classified as fraud, tax evasion or worse.  Obviously, usually details are so complex that almost all investigations end with a deal, but in principle you can get into a lot of trouble.)  This is apparently not a problem in the US, though.\""}
{"_id": "559927", "title": "", "text": "If your money market funds are short-term savings or an emergency fund, you might consider  moving them into an online saving account.  You can get interest rates close to 1% (often above 1% in higher-rate climates) and your savings are completely safe and easily accessible.  Online banks also frequently offer perks such as direct deposit, linking with your checking account, and discounts on other services you might need occasionally (i.e. money orders or certified checks).   If your money market funds are the lowest-risk part of your diversified long-term portfolio, you should consider how low-risk it needs to be.  Money market accounts are now typically FDIC insured (they didn't used to be), but you can get the same security at a higher interest rate with laddered CD's or U.S. savings bonds (if your horizon is compatible). If you want liquidity, or greater return than a CD will give you, then a bond fund or ETF may be the right choice, and it will tend to move counter to your stock investments, balancing your portfolio.   It's true that interest rates will likely rise in the future, which will tend to decrease the value of bond investments.  If you buy and hold a single U.S. savings bond, its interest payments and final payoff are set at purchase, so you won't actually lose money, but you might make less than you would if you invested in a higher-rate climate.  Another way to deal with this, if you want to add a bond fund to your long-term investment portfolio, is to invest your money slowly over time (dollar-cost averaging) so that you don't pay a high price for a large number of shares that immediately drop in value."}
{"_id": "559967", "title": "", "text": "Yes, you can open a Trading Account at one place and a Demat Account at another place. Therefore you can open Trading Account at Sharekhan and Demat Account at OBC. However, it would be more convenient for you if both the accounts are opened at the same place which would reduce unnecessary work after every transaction."}
{"_id": "559968", "title": "", "text": "You'll need to contact payUSAtax.com support and explain the situation. From the payUSAtax.com support FAQ: Please verify your prior payment through this service by selecting the payment verification link. Within the payment verification link, you will enter your prior payment amount and social security number or employer identification number. Your confirmation number and payment date/time will be returned. If your payment was successful, please select the Contact Us link by clicking Support at the top of the page and notify us of your non-payment notification."}
{"_id": "559990", "title": "", "text": "\"&gt; These curricula\u2014packed with classes like operations, accounting, statistics, and management\u2014fail to account for students\u2019 individual needs.  Yea, because what we really need is more MBAs without basic knowledge of accounting and statistics. The new economy of \"\"make shit up\"\" is working so much better than the old way of doing things.\""}
{"_id": "560000", "title": "", "text": "I do love it when people play the moral appeal/outrage argument.    &gt;It's stupid consumers like you that allow these companies to get away with this shit.  And its people like you that won't convince anyone with such an argument.  All the big banks do unethical things, more so every company on this planet does unethical things."}
{"_id": "560004", "title": "", "text": "\"Actually, I use SwagBucks (main site) all the time now. It's not a coupon site, but it is a site that I use to save money. For someone like me who does a lot of searching, the \"\"SwagBucks\"\" add up pretty fast and can be exchanged for gift cards. The Amazon ones are the best deal ($5 account credit for 450 SwagBucks), and I get one or two a month. I avoid coupon printer programs, because of how they \"\"install\"\" on your computer.\""}
{"_id": "560016", "title": "", "text": "I wish I would have known macro-economics taught by the Austrian School types at The Mises Institute.  Their teachings would have compelled me to do the following:"}
{"_id": "560021", "title": "", "text": "I don't think you're stupid, evil, bad or anything like that.  I'm sure in fact that you are an intelligent, nice person who only wants the best for everyone.  I just think that you are in a willful mannor refusing to understand the difference between insurance and healthcare.  It's not that you are incapable, it is that you simply refuse to do so.  You are doing so to justify making the bad guy out of an industry whose goal is to make health-care accessible to as many people as possible by spreading out the cost of health-emergencies over time, which is mis-directed anger.  I fully appreciate and understand that most health-care is payed for via insurance.  However, this is entirely an artifact of business-tax deductions which make it cheaper for individuals to accept part of their compensation in the form of health insurance benefits.  Health care and insurance aren't intrinsically inseparable, they are bound together in the US due to the tax code.    So what you should be arguing for is the removal of business health-care tax deductions, and direct financial assistance for the poor.  This would make insurance and healthcare a more competitive market, which would in turn drive costs down, and by giving the money directly to the impoverished more of the benefit would reach them, rather than creating some huge bureaucracy that it has to be filtered through first.  But instead you are choosing to vilify a industry for not handing out free health-care, which is misguided at best."}
{"_id": "560025", "title": "", "text": "\"Also talk to your bank(s) or credit union(s); first one of mine I looked at offers an unsecured loan at 7% variable, and a signature loan at 7.5% fixed, no hidden costs on either. You might do better. Also check store credit. Sears used to offer 1-year-0% financing on appliances if you signed up for the store's card at the time of purchase, and if you have the discipline to reliably pay it off before interest hits that's a hard deal to best. Other stores have offered something similar for major purchases of this sort; do some homework to find out who. (I bought my fridge that way, paying it in month 10.) The \"\"catch\"\"  is that many people get distracted and do wind up paying interest, and the store hopes that having an account with them will encourage you to shop there more often.)\""}
{"_id": "560034", "title": "", "text": "\"He is stupid don't mind him, the guy has all of his money in one bank. He could make a lot of money with that amount of money(i m no suggesting \"\"he\"\" but someone he will pay for) and do not need to make stupid ass fights with that Irish ginger.\""}
{"_id": "560053", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/politics/articles/2017-06-06/saudi-arabia-s-feud-with-qatar-has-22-year-history-rooted-in-gas) reduced by 86%. (I'm a bot) ***** &gt; Saudi Arabia&amp;#039;s isolation of Qatar has been brewing since 1995, and the dispute&amp;#039;s long past and likely lingering future are best explained by natural gas.  &gt; Qatar&amp;#039;s sovereign wealth fund agreed last year to invest $2.7 billion in Russia&amp;#039;s state-run Rosneft Oil Co. PJSC. &amp;quot;Qatar used to be a kind of Saudi vassal state, but it used the autonomy that its gas wealth created to carve out an independent role for itself,&amp;quot; said Jim Krane, energy research fellow at Rice University&amp;#039;s Baker Institute, in Houston, Texas.  &gt; Gas isn&amp;#039;t the immediate cause of the current showdown, but &amp;quot;You can question why Qatar has been unwilling to supply its neighboring countries, making them gas poor,&amp;quot; said Wright, the academic, speaking by telephone from the Qatari capital Doha.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ftc7d/saudi_dispute_with_qatar_has_22year_history/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~138558 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Qatar**^#1 **gas**^#2 **Saudi**^#3 **Iran**^#4 **Arabia**^#5\""}
{"_id": "560064", "title": "", "text": "\"Considering land mass, natural resources, population, tech and a thriving free market, this country could be heaven. It's just good. If not for corruption in Washington that legalized a bribing system that allows politicians to be owned by corporations that through lobbying write themselves laws that favor them instead of the majority of the people, this country would be in a much, much better place.   Since most laws have to benefit the richest people first, and those are the greediest of people, it reflects on society. You have the Walton family worth hundreds of billions of dollars through a company that makes hyndreds of billions of dollars, but refuse to pay their employees decent wages. On top of that, many billionaires get tremendous tax cuts or don't pay at all. The burden is all on the middle class. People are angry.   And don't give me that redneck \"\"leave the country\"\" argument, I am discussing a topic posted on a public forum. It's what I think and I am sure a lot of Americans agree with me. Are you going to tell them to leave as well? I have a house in three continents, you can't tell me shit.\""}
{"_id": "560067", "title": "", "text": "This. My partner is a highly skilled tech worker and we have slowly been coming up with a back up plan to leave if things get too crazy. I was born here and fully intended to die here but I have a chronic illness that could kill me and I'm scared. I know a few others who are doing the same."}
{"_id": "560078", "title": "", "text": "Hmm ... let me think about that ... perhaps they will then have less money?   Reddit really isn't just a tiny niche website anymore, we get like 20 million unique hits per day or something. If those 20 million finally get it through their heads that they should stop giving cash to the MAFIAA, they will suffer. It's the only way."}
{"_id": "560084", "title": "", "text": "They need to spread the work for all customers over the whole month, and they don't work on weekends. Combine the two, and the rule becomes clear - if months have minimum of N working days, 1/N of all customers gets set on each day. You seem to be on day 5: If the month starts with a Monday, the fifth working day is the 5. (Friday); if there is a Sat or Sun in between, it will be the 6th, and if there is both a Sat and a Sun in there, it will be the 7th. However, the statement itself is not very important at all. It is just the day where they print it on paper (or even only on a PDF). You can see your bank account activity every day 24/7 by checking online, and nothing keeps you from printing it on every 1st of the month if you want (or every day, or whenever you prefer)."}
{"_id": "560087", "title": "", "text": "\"Assuming its in the US: No, it is not, and such things are usually treated as \"\"red flags\"\" for audit (and no, golf club memberships are not deductible either). The food expenses are not deductible in their entirety as well, only up to 50% of the actual expense, and only if it is directly business related. From what you've described, it sounds like if you have an audit coming you'll be in trouble. The purposes and activities of a club, not its name, will determine   whether or not you can deduct the dues. You cannot deduct dues paid   to: Country clubs, Golf and athletic clubs, Airline clubs, Hotel clubs, and Clubs operated to provide meals under circumstances generally considered to be conducive to business discussions.\""}
{"_id": "560090", "title": "", "text": "\"First of all, the recovery isn't \"\"right around the corner.\"\"  It's been in process since March of 2009.  It might not be \"\"the recovery you want,\"\" or even an \"\"ideal\"\" recovery, but it's a recovery nonetheless.  I could produce any number of official indicators that bear this out.  Your views extremely hyperbolic.  Do you know what a HELOC is?  Do you know what it means to have a $500k HELOC?  It means that you have $500k of *equity* in your house.  Not what your house is worth, mind you - but the value of your stake in the house, minus the value of the bank's stake in the house.  $500k?  Into a house, over 20 years of stagnating wages?  Doesn't make much sense.  Why?  It's total hyperbole.  Just like your post:  Total hyperbole.\""}
{"_id": "560108", "title": "", "text": "An alternative to paying thousands of dollars for historical prices by the minute:  Subscribe to real time data for as low as USD$1.5/month from your broker, then browse the chart."}
{"_id": "560184", "title": "", "text": "Exchanging their labour for low wages gives them the work experience they need for future, better-paid employment. Wew now that we know that, lets give a bring round of applause for all the dedicated low wage workers out there! Keep it up low wage workers, your low wage service is so importantly needed by employers. Surely your sacrifice for the economy will one day be rewarded."}
{"_id": "560191", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Weekly Stock Market Review](https://np.reddit.com/r/talkbusiness/comments/787ys8/weekly_stock_market_review/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "560195", "title": "", "text": "\"Risk is the capital you have staked in pursuit of profit. The danger is that you lose what you have risked.  For some bets (risks), you can get insurance to cover for losses.  Now the \"\"game\"\" of Landlord and Tenant requires you to play fully by the rules set forth by your legislators. In your case, that is the legislators of the State of Texas. Without knowing those rules, you could be liable (open to civil prosecution) for violating those rules. Tenants could be savvy to those rules or savvy enough to hire someone, a lawyer, who knows those rules. As well, in the game of Landlord and Tenant, you must ascertain the creditworthiness of your would-be tenant. If the tenant fails to pay rent, that tenant can detain the residence. You will incur additional outlays to gain possession of your property (ownership in your rental). Now the game of Landlord vs Landlord is different. You can't pick up houses easily enough and even if you could, likely the expense of doing so could wipe out any would profits from having the house as a rental. So, in Landlord vs Landlord, you get constrained by where your rental sits. Thus you must forecast what will the neighborhood look like in five, ten, fifteen years.\""}
{"_id": "560208", "title": "", "text": "\"Often in life we have to choose the lesser of evils.  Whole Life as an investment vs. Term Life and invest the difference is one of these times. I assume the following statement is true. \"\"The commissions on whole life are sick. The selling agent gets upward of 90% of your first year's premium.\"\" But how does that compare to investing in mutual funds (as one alternative)?   Well according to Vanguard the average mutual fund keeps 60% of the total returns over the average investors lifetime. And of course income taxes (on withdrawal) consume another 30% (or more) of the dollars you withdraw (from a tax deferred retirement plan like a 401k.) http://www.fool.com/School/MutualFunds/Performance/Record.htm So you have to pick your poison and make the choice that fits your view of the future. Personally I don't believe my cost of living in retirement will be radically lower than my cost of living while working. Additionally I believe income tax rates will be higher in the future than the in the present and so deferring taxes (like a 401k) doesn't make sense to me.  (In 1980 a 401k made sense when the average 401k participant was paying over 50% in federal income tax and also got a pension.) So paying 90% of my first year's premium rather than 60% of my gains over my lifetime seems acceptable.  And borrowing tax free against my life insurance once retired (with no intention of paying it back) will, I believe, provide greater income than a 401k could.\""}
{"_id": "560213", "title": "", "text": "Think I had to sign an NDA on pricing w them so can't get specific. Depends if you want realtime or just historical data. Historical obviously cheaper, realtime more. The prices aren't crushing though, one of cheapest tick data vendors around. You get pros and cons to that though - data is time stamped at 25ms and sent over WAN. But they also have self healing tapes w backfill etc so if your server knocks offline for a while you fill the gap when back up etc."}
{"_id": "560227", "title": "", "text": "The whole concept of a monster chain restaurant (maybe other than fast food/coffee) is anathema to me. Boutique food made with love, local-ish ingredients, chef/owner and I'm in. Publicly traded, industrial kitchen crap??? Who in their right mind would pay actual money for that?    It seems to me that's a business plan who's time has passed. Give it annother 5 years and these places will either have adapted or died."}
{"_id": "560234", "title": "", "text": "In all transitions, real people actually did suffer.  In the large view, new markets were created and new jobs appeared.  But the people who got those new jobs were not the same people who originally lost them.  When the pace of such disruption is relatively slow, those pain points are manageable.  When the disruptions start coming one after another in rapid fire, the managing of problems of that many real, suffering, jobless or under-employed people becomes a disruptive problem in and of itself."}
{"_id": "560240", "title": "", "text": "lol he worked out of his garage and drove a 12 year old car to build the company while his neighbors and friends partied and bought fancy cars.  Way to take one paragraph out of context and also suggest violence, Kudos, you are the more civilized person."}
{"_id": "560241", "title": "", "text": "The tax deferred status of a 401k plan helps you in theory because your tax rate will be lower once you retire and start drawing the money.  This theory could prove incorrect. Also the money you add to a 401k lowers your taxable income today so you end up paying less taxes to the government right now.  Depending on where you are in the tax bracket scale that could have the affect of lowering your tax bracket which will save you money in other areas. Each person's situation is different by my general theory is to contribute towards retirement in the following order: Hope this helps."}
{"_id": "560245", "title": "", "text": "The CBOE site, as well as some other sites and trading platforms, will show the bid/ask and statistics for that option at each individual options exchange, in addition to statistics and the best bid/offer across all exchanges. cboe.com: Delayed Quote Help lists what the single-letter codes mean. A is for the AMEX options exchange, B is for BOX, X is for PHLX, etc."}
{"_id": "560251", "title": "", "text": "I don't believe Saturday is a business day either. When I deposit a check at a bank's drive-in after 4pm Friday, the receipt tells me it will credit as if I deposited on Monday.  If a business' computer doesn't adjust their billing to have a weekday due date, they are supposed to accept the payment on the next business day, else, as you discovered, a Sunday due date is really the prior Friday. In which case they may be running afoul of the rules that require X number of days from the time they mail a bill to the time it's due.  The flip side to all of this, is to pick and choose your battles in life. Just pay the bill 2 days early. The interest on a few hundred dollars is a few cents per week. You save that by not using a stamp, just charge it on their site on the Friday. Keep in mind, you can be right, but their computer still dings you. So you call and spend your valuable time when ever the due date is over a weekend, getting an agent to reverse the late fee. The cost of 'right' is wasting ten minutes, which is worth far more than just avoiding the issue altogether.  But - if you are in the US (you didn't give your country), we have regulations for everything. HR 627, aka The CARD act of 2009, offers - \u2018\u2018(2) WEEKEND OR HOLIDAY DUE DATES.\u2014If the payment due date for a   credit card account under an open end consumer credit plan is a day on   which the creditor does not receive or accept payments by mail   (including weekends and holidays), the creditor may not treat a   payment received on the next business day as late for any purpose.\u2019\u2019. So, if you really want to pursue this, you have the power of our illustrious congress on your side."}
{"_id": "560253", "title": "", "text": "In addition a lot of people are simply rather uneducated on the subject.  For me personally, the debate of whether or not it causes OD (which it obviously doesnt) or if it causes side effect A or B really is moot. Why do some people believe they have a say in what another human being does in private with a God damn plant?  I don't understand the mind set. Nay, I don't understand how we all got struck by this collective God complex."}
{"_id": "560273", "title": "", "text": "yes, there does need to be demand. on heavily traded stocks, there is no reason to be concerned. on thinly traded equities, you will want to check the market depth before placing a sell.  the company is likely not the one that is buying your shares on the open market."}
{"_id": "560282", "title": "", "text": "And driving out of business the rest of competitors with huge incentives at loss, cause uber has a very long term plan and don't care of profitability. Let's face it once they'll be one of the push to deregulate autonomous driving there will be a massive shift in labour economy too."}
{"_id": "560286", "title": "", "text": "Money is a means to an end. If you see it as an end, of course you're not going to be happy, but so long as you utilize it to maintain a stable lifestyle which will allow for you to do things like spend quality time with loved ones, develop skills, and pursue interests (things that actually do tend to bring happiness), money is a good tool to have."}
{"_id": "560291", "title": "", "text": "First of all, this is a situation when a consultation with a EA working with S-Corporations in California, CA-licensed CPA or tax preparer (California licenses tax preparers as well) is in order. I'm neither of those, and my answer is not a tax advice of any kind. You're looking at schedule CA line 17 (see page 42 in the 540NR booklet). The instructions refer you to form 3885A. You need to read the instructions carefully. California is notorious for not conforming to the Federal tax law. Specifically, to the issue of the interest attributable to investment in S-Corp, I do not know if CA conforms. I couldn't find any sources saying that it doesn't, but then again - I'm not a professional. It may be that there's an obscure provision invalidating this deduction, living in California myself - I wouldn't be surprised. So I suggest hiring a CA-licensed tax preparer to do this tax return for you, at least for the first year."}
{"_id": "560292", "title": "", "text": "Honestly, why not? If my goal is to end up in finance, then I need to understand, from people in that field, whether a certain subject is relevant for me to achieve that goal.   If I were to ask that question to those majoring/working in physics, then I am going to get a completely different outlook that's not beneficial for me.   What you don't realize is that when you are asking your peers in school, many of them give you half answers or even bogus ones. It makes perfect sense to ask the question in a forum. As a matter of fact, the answers that I am getting here are completely different from what I was originally told by my peers."}
{"_id": "560294", "title": "", "text": "Thanks for the info! It seems the consolidation option is the best; switching to the new merchant services provider and getting the discount from our POS on gift card software  Can you give me a but more info about the customer loyalty/marketing info?"}
{"_id": "560301", "title": "", "text": "\"&gt;Our rating  &gt;In a Journal Sentinel op-ed, Trump said: \"\"In 1986, President Ronald Reagan\"\" cut the business tax rate to 34 percent and \"\"it worked -- our economy boomed, the middle class thrived and median family income increased.\"\"  &gt;Some economists say the corporate rate reduction, from 46 percent, did help lead to economic growth and higher income. But it wasn\u2019t necessarily any more important than a cut -- from 50 percent to 28 percent -- in the top individual income tax rate that was part of the same 1986 package that included other tax changes, as well.  &gt;More importantly, many other factors beyond tax cuts -- demographics, immigration, trade policy and more -- bear on the economy.  &gt;Trump\u2019s statement contains only an element of truth -- our definition of Mostly False.  In case you still believed anything this toilet bowl of a website publishes.\""}
{"_id": "560308", "title": "", "text": "You SHOULDN'T lease one if you are going to get an economy car, if you don't drive too much (<15K / year), and you want to hang on to the car for a long time.  Otherwise, if you are a regular driver, driving a leased new quality car can be cost effective. Many cars now have bumper-to-bumper warranties that last as long as the lease (say 80K). So there is rarely any extra costs apart from regular maintenance. The sweet spot for most new cars is in the 5th, 6th, or 7th years, after they are paid off. But at that point, you may find you have maintenance bills that are approaching an average of $200 - $300 per month. In which case, a lease starts to look pretty good. I owned a 7 year old Honda Accord that cost only $80 less per month in maintenance than the new leased VW that replaced it.  Haven't looked back after that. Into my 3rd car and 9th year of leasing."}
{"_id": "560321", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/bestof] [/u/78fivealive explains the debt crisis in Argentina as &amp;quot;A Streetcar Named Desire.&amp;quot;](http://np.reddit.com/r/bestof/comments/2cb2qi/u78fivealive_explains_the_debt_crisis_in/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "560325", "title": "", "text": "Not sure if it is the same in the States as it is here in the UK (or possibly even depends on the lender) but if you have any amount outstanding on the loan then you wouldn't own the vehicle, the loan company would. This often offers extra protection if something goes wrong with the vehicle - a loan company talking to the manufacturer to get it resolved carries more weight than an individual. The laon company will have an army of lawyers (should it get that far) and a lot more resources to deal with anything, they may also throw in a courtesy car etc."}
{"_id": "560338", "title": "", "text": "&gt;Companies requesting unnecessary levels of qualification or experience and thus making it very difficult for young people to find work.  I've found this is often largely a screener to deter the more weak minded people from applying."}
{"_id": "560339", "title": "", "text": "Sums up in a nutshell how I've looked at the income gap. It's not that the wealthy are necessarily hoarding on the rest of us; it's just that the wealthier folks will have a far greater variety of options to increase their wealth than Joe Schmuck. Of course, it doesn't help that the wealth is exactly what most investing firms look at and drool over, which leads to clamoring over top-dollar investors and ignoring everyone else. At least, that's how I've felt."}
{"_id": "560340", "title": "", "text": "It depends where you are going to live and how you are going to pay for your new accommodation. If you are moving within the UK and intend to buy another house you run into the problem that you will find it hard to get a second mortgage. If you rent out the house in Kent you will probably have to change the mortgage basis on it to a mortgage that allows for letting - normal residential mortgages exclude that entirely - which would allow you to take out a residential mortgage. It depends how much equity you have in the house. If most of the value of the house is mortgaged then you'll (1) find it hard to re mortgage on a commercial mortgage (2) may find it hard to cover the costs by letting and (3) are very sensitive to house prices falling. Also bear in mind that for the past three months in a row, house prices in the UK have mostly either stagnated or fallen... so you cannot guarantee any increase in value of the house in Kent. What I'm saying is ... there is no crystal ball that will tell you what's financially the best thing to do. Talk to estate agents, find out how much the house would sell for / how much it would rent for. Talk to your mortgage lender and find out if they will let you rent it out. Talk to other mortgage lenders and find out how much a commercial mortgage would cost. Do the sums, find out if renting the house would cover the costs, in which case you can gamble on the housing market continuing to rise. Don't rely on house prices continuing to rise as they have done before. Certainly where I live due to the number of new houses being built and other economic issues house prices have fallen appreciably over the past few months and may well continue to fall as more and more new houses come on the market."}
{"_id": "560352", "title": "", "text": "\"I remember the bailout propaganda using economic pseudo-science pretending it was well established that using debt and QE 1, 2 and 3 would only be good. They refused to prosecute obvious banking fraud too. I recommend the book \"\"Bailout\"\" by the IG for TARP. Geithner and Holder did everything they could to protect their banker buddies and Obama knew they would. However, I have to say, most of those hurt worst by it all voted for \"\"Hope and Change\"\" in disproportionate numbers. Baby Boomers not as much. Biggest bait and switch in American history.\""}
{"_id": "560380", "title": "", "text": "It is generally best to avoid such situations. Any credits to your accounts need to be explained to tax authorities whenever they enquire.  This cannot be treated as income as you did not work in exchange for the amount. It can be treated by tax authorities as GIFT. Gift upto certain amount is tax free. Beyond the amount its taxable. Gifts from close relatives has not amount limit and is tax free. Whenever the scrutiny happens, if you can convince the tax authorities that the action was more for convenience, it maybe fine."}
{"_id": "560381", "title": "", "text": "One thing we always have to consider when talking about raising the minimum wage is that job loss will happen. Remember that these businesses have been built on paying their employees less. That means money goes towards other things that help the company. When you are forced to increase wages, you have a choice, reorganize your business to free up cash or decrease your labor."}
{"_id": "560391", "title": "", "text": "My take on this is that this reduces your liquidity risk. Stocks, bonds and many other investment vehicles on secondary markets you may think of are highly liquid but they still require that markets are open and then an additional 3-5 business days to settle the transaction and for funds to make their way to your bank account.  If you require funds immediately because of an emergency, this 3-5 business days (which gets longer as week-ends and holidays are in the way) can cause a lot of discomfort which may be worth a small loss in potential ROI.  Think of your car breaking down or a water pipe exploding in your home and having to wait for the stock sale to process before you can make the payment. Admittedly, you have other options such as margin loans and credit cards that can help absorb the shock in such cases but they may not be sufficient or cause you to pay interest or fees if left unpaid."}
{"_id": "560393", "title": "", "text": "That's not true - insurance companies can manage that risk and look to Re-insure that risk with very large pools of risk capital through reinsurance.   Government agencies traditionally have not looked to buy insurance but are now starting to insure such catastrophic risks.  I believe the NFIP has some sort of excess risk cover such that if losses are greater than $500 million, then it triggers a payout from large private insurers."}
{"_id": "560395", "title": "", "text": "Congratulations on being in this position. Your problem - which I think that you identified - is that you don't know much about investing. My recommendation is that you start with three goals: The Motley Fool (www.fool.com) has a lot of good information on their site. Their approach may or may not align with what you want to do; I've subscribed to their newsletters for quite a while and have found them useful. I'm what is known as a value investor; I like to make investments and hold them for a long time. Others have different philosophies. For the second goal, it's very important to follow the money and ask how people get paid in the investment business. The real money in Wall Street is made not by investment, but by charging money to those who are in the investment business. There are numerous people in line for some of your money in return for service or advice; fees for buying/selling stocks, fees for telling you which stocks to buy/sell, fees for managing your money, etc. You can invest without spending too much on fees if you understand how the system works.  For the third goal, I recommend choosing a few stocks, and creating a virtual portfolio. You can then then get used to watching and tracking your investments. If you want a place to put your money while you do this, I'd start with an S&P 500 index fund with a low expense ratio, and I'd buy it through a discount broker (I use Scottrade but there are a number of choices).  Hope that helps."}
{"_id": "560396", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.aei.org/publication/do-minimum-wage-hikes-aid-workers-the-jury-is-still-out/) reduced by 85%. (I'm a bot) ***** &gt; The NBER working paper includes in their analysis all low-wage workers across different industries that earn below a certain hourly wage, such as $13 or $19. The authors worry that if the analysis only focused on workers who are either at or below the minimum wage, it would overstate the dis-employment effects if employers moved some workers to wages above the threshold minimum wage.  &gt; In contrast, the IRLE Berkeley study focuses only on the food services and restaurant industry, since that industry is likely to have the largest fraction of low wage workers affected by the minimum wage hike.  &gt; In other words, a control group is a group of geographic units that matches Seattle so closely before the minimum wage increase that any difference in outcomes between Seattle and &amp;quot;Synthetic Seattle&amp;quot; can plausibly arise only from the minimum wage increase.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6l4vzl/two_studies_two_different_results_aei_has_some/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~158651 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **Work**^#2 **minimum**^#3 **paper**^#4 **Seattle**^#5\""}
{"_id": "560398", "title": "", "text": "No way!! I can't believe that. I agree that the size is not the issue. How many can you eat at a time?! I can't help but think how Obama eats burgers just about anytime he is on the road. I used to think that was a great ad for them."}
{"_id": "560407", "title": "", "text": "YSK that unless you live in a very low cost of living area, you took an extremely underpaid position out of college, and have kind of fucked yourself in the face.  Source: I'm a senior software engineer with a computer science degree."}
{"_id": "560438", "title": "", "text": "\"It's not my industry so I may be wrong, but I don't believe there are any transactions or companies that would provide a worthwhile comparable, hence my problem with the valuation attempt. For the same reasons you wouldn't use a P/E multiple or DDM model on a startup, you don't just pick tangential comparables and slap a value on it. If you're seriously advising companies, that shit will land you in court defending your valuation.  It's not a \"\"floor\"\" just because you know it's inaccurate.. it's irrelevant. Quite frankly, I don't think they released any value, let alone $1bn.  It's merely a PR move, with the hope that Tesla's technology will become the standard for all EVs.  At best, major companies decide to use some of their patents \"\"in good faith\"\" and leverage the infrastructure that Tesla has already put in place.   At worst, Tesla still did not give away $1bn in value. How much have they made off of licensing their patents? How much have others offered for their patents? How many companies are infringing, and how many lawsuits have they won from going after them? If you can't put a hard figure on any of those, or a solid rationale on how the patents are the only reason they'll be able to gain market share, then I don't see how we can conclude on $1bn given away.\""}
{"_id": "560444", "title": "", "text": "Per their merchant agreements, Visa and MasterCard say that the signature on the back of the card is the proper way to identify the card holder.  If a card is not signed, the merchant is supposed to check your ID and make you sign the card before accepting it for payment.  Merchants are not allowed the require an ID for paying with a signed card. Of course, store employees rarely know all these things.  Some will gladly accept an unsigned card.  Some will try to make you show your ID."}
{"_id": "560447", "title": "", "text": "Buy low and sell high.  Right now stocks are cheap (or at least cheapish).  If you wait for better forecasts, the price will be higher.  They might go down still farther, but no one knows for sure when that will happen, or where the bottom is -- despite what the talking heads on TV say.  Remember that what you really care about is sell price minus purchase price (plus dividends, but I'll ignore that).  What happens between the time you buy and the time you sell is irrelevant financially, but can be important psychologically. If it was me, and you are sure you won't need the money for at least 10 years, or better still 15-20, I would buy some index funds.  Pick something that you are comfortable with (some are more aggressive/risky than others), and then only look at it a few times a year, if that much.  Only do this as long as you are sure that you won't sell if the market drops further. That is a guaranteed way to lose money. This is what I've been doing for my retirement funds for 15 years, and its worked well so far."}
{"_id": "560468", "title": "", "text": "\"Businesses need websites. Especially businesses in the labor field -- when we renovated our old home, the very first place we checked was Google. \"\"Colorado Springs plumbers\"\"; \"\"Colorado Springs electrician\"\" -- I was shocked at how few actually had websites. It's worth the money for a simple, but informative site with contact info, prices, etc. Oh, and also, social media. Get on the Twitter! And everywhere else online that people are gathering.\""}
{"_id": "560469", "title": "", "text": "It's not like bankers and politicians forget what happened then, and the biggest causes of the 2008 crash began in the mid 90's and early 2000's. nobody went to prison for the crisis because there was no one who actually committed criminal acts, people were just stupid and figured debt would be forever cheap and the market would never decline. And the regulations that are being rolled back actually made big banks more powerful because only they could afford the compliance costs.  Just like after 2008, your best bet in dealing with a crash is just hold everything you own, because if you sell into a decline, you have less money to buy when the market rebounds"}
{"_id": "560477", "title": "", "text": "I'm curious what percentage of the job market make up the no-experienced people you mention and what percentage is made up of individuals that, for one reason or another, are stuck working those types of jobs just to make ends meet. Unless you distinguish between the no-skill individuals that don't need a livable wage, like teens still living at home, and other people that are struggling to support themselves with the only job they can get, and do so without age or other forms of discrimination, raising the minimum wage to a livable wage level is the only way I can think of that would enable the disadvantaged people that are for all intents and purposes stuck in their situation to gain the financial footing they need to raise themselves up to the next rung of the ladder. If you have other suggestions, I am more than happy to hear them."}
{"_id": "560496", "title": "", "text": "I think it looks like a mixed bag and I can't tell which way it's going to go.  I can't see company implants universally taking off.  As messy as the world is today, and I must say personally it's the most concerned I've been, there's a lot of good stuff going on too.  Cancer break throughs, life &amp; health extension, the growth of renewable energy are all pretty positive.  Things like AI are definitely a mixed bag but I'm looking forward to when a human doctor is working alongside AI to diagnose any issues I may have in the future.  On the other hand, skynet could happen and that would suck.  So I work hard to try and make things not so bleak."}
{"_id": "560497", "title": "", "text": "You're contributing 98.2% of your contributed amount (deducting 1.8%) each month and at the end of the year, deducting a flat 15 pounds.  The easiest way to do this is to use a spreadsheet. But you're missing some key information. What is your expected growth rate and what is your expected inflation rate? Is this a taxable account where you deduct (for example, 35%) of the growth annually for taxes or is this a non-taxable account?"}
{"_id": "560499", "title": "", "text": "They were issued in 1919 and eliminated in 1926. This means that Coca-Cola redeemed them in 1926 and either converted the preferred's to common stock or paid the preferred investor's back their full par value and took them off the books."}
{"_id": "560500", "title": "", "text": "No one put regulations in place before they were needed. Let's not be a fucking moron. Corporations were abusing shit and when the government got sick Of their shit they put regulations in place. They didn't just decide to say 'stop building a house if you see a turtle so we can move it' if contractors were not killing endangered turtles. You're just ignorant as fuck. And by the way, were already going to hit below 2005 emission levels in the next few years due to free market."}
{"_id": "560538", "title": "", "text": "Yes, it makes sense. Like Lagerbaer says, the usefulness of technical indicators can not be answered with a simple yes or no. Some people gain something from it, others do not. Aside from this, applying technical indicators (or any other form of technical analysis - like order flow) to instruments which are composed of other instruments, such as indexes (more accurately, a derivative of it), does make sense. There are many theories why this is the case, but personally i believe it is a mixture of self fulfilling prophecy, that the instruments the index is composed of (like the stocks in the S&P500) are traded in similar ways as the index (or rather a trade-able derivative of it like ETFs and futures), and the idea that TA just represents human emotion and interaction in trading. This is a very subjective topic, so take this with a grain of salt, but in contrast to JoeTaxpayer i believe that yields are not necessary in order to use TA successfully. As long as the given instrument is liquid enough, TA can be applied and used to gain an edge. On the other hand, to answer your second question, not all stocks in an index correlate all the time, and not all of them will move in sync with the index."}
{"_id": "560540", "title": "", "text": "Actually the newer models, while more complex, are largely moving away from specialized parts and do more with general parts. Sure not many of the big blocks, but the smaller tile blocks etc. are becoming more useful for freestyle building than the parts created 10-15 years ago that were overly specific and large."}
{"_id": "560548", "title": "", "text": "Looks like some sources are [confirming the acquisition for $970 million.](http://venturebeat.com/2014/08/25/amazon-could-steal-twitch-acquisition-from-google/) This will be interesting to follow, it looks lower than what had been rumored. Amazon shareholders will be happy, but those involved with Twitch may not be as excited. It almost makes you wonder what happened since the early reports make it look like Google was outbid. If Google really did offer $1B, you have to wonder what happened/changed."}
{"_id": "560557", "title": "", "text": "Generally, I consider it bad etiquette to inconvenience others.   I would recommend cash for small purchases. Try to offer as close to the required amount as possible.  Don't pay with several dollars worth of change if you can avoid it. You shouldn't need to carry a lot of cash.  When you do don't make it obvious."}
{"_id": "560558", "title": "", "text": "As others have stated, the current price is simply the last price at which the security traded. For any given tick, however, there are many bid-ask prices because securities can trade on multiple exchanges and between many agents on a single exchange. This is true for both types of exchanges that Chris mentioned in his answer. Chris' answer is pretty thorough in explaining how the two types of exchanges work, so I'll just add some minor details. In exchanges like NASDAQ, there are multiple market makers for most relatively liquid securities, which theoretically introduces competition between them and therefore lowers the bid-ask spreads that traders face. Although this results in the market makers earning less compensation for their risk, they hope to make up the difference by making the market for highly liquid securities. This could also result in your order filling, in pieces, at several different prices if your brokerage firm fills it through multiple market makers. Of course, if you place your order on an exchange where an electronic system fills it (the other type of exchange that Chris mentioned), this could happen anyway.  In short, if you place a market order for 1000 shares, it could be filled at several different prices, depending on volume, multiple bid-ask prices, etc. If you place a sizable order, your broker may fill it in pieces regardless to prevent you from moving the market. This is rarely a problem for small-time investors trading securities with high volumes, but for investors with higher capital like institutional investors, mutual funds, etc. who place large orders relative to the average volume, this could conceivably be a burden, both in the price difference across time as the order is placed and the increased bookkeeping it demands.  This is tangentially related, so I'll add it anyway. In cases like the one described above, all-or-none (AON) orders are one solution; these are orders that instruct the broker to only execute the order if it can be filled in a single transaction. Most brokers offer these, but there are some caveats that apply to them specifically. (I haven't been able to find some of this information, so some of this is from memory).  All-or-none orders are only an option if the order is for more than a certain numbers of shares. I think the minimum size is 300 or 400 shares.  Your order won't be placed until your broker places all other orders ahead of it that don't have special conditions attached to them.  I believe all-or-none orders are day orders, which means that if there wasn't enough supply to fill the order during the day, the order is cancelled at market close.  AON orders only apply to limit orders. If you want to replicate the behavior of a market order with AON characteristics, you can try setting a limit buy/sell order a few cents above/below the current market price."}
{"_id": "560559", "title": "", "text": "\"Or doing work, that has value, but with an experienced employee looking over their shoulder for more total time than it would take said employee to just do the work him/herself. In which case they're learning something, and \"\"doing work that has value\"\", but at the cost of a similar amount of value from elsewhere.  That's pretty extreme, though, and at least in a field like programming where the pros get paid quite a bit...so say it takes the pro 10hrs to do something, and it takes the intern 40hrs and 5hrs of help to do the same thing. But if the pro gets paid $80/hr, and the intern only gets paid $10...haha that works out perfectly. Even if it hadn't the point stands\u2014the intern can get paid something as long as they're doing _some_ useful work, even if it takes them an exorbitant amount of time to do it. If they actually need as much help as it would take the pro to just do it...consider another field, dude.\""}
{"_id": "560573", "title": "", "text": "\"In any technical field practitioners have difficulty explaining general/abstract concepts to outsiders. They're accustomed to using a particular set of concepts and ideas that make communication fast and easy between their colleagues, but make communication difficult with outsiders who don't know that language. It's usually easy to come up with a mediocre analogy that communicates the gist of the idea, but finding analogies that capture the complete essence of the concept is extremely hard (and maybe impossible).  Have you studied mathematics? Try explaining the concept of a \"\"continuous function\"\" in all its generality without talking about epsilons and deltas or open sets and inverses. You can talk about \"\"drawing a line and not picking up your pencil\"\", but that's not quite what a continuous function is. Likewise, if you've studied law, try explaining what a \"\"security interest\"\" is in its full generality without talking about liens or pledges. You can come up with specific examples, sure, but it'll be tough to find one that captures the whole concept. I'm sure you can come up with examples from whatever field it is you specialise in.  Added to this is the problem that the skill-set needed to be a good translator across disciplines isn't really valued in most corporations, including banks.   EDIT: I accidentally a word.\""}
{"_id": "560615", "title": "", "text": "&gt;Yea I think a lot of this article is poorly written stats mashed together to make a weak statement.  It does have quotes from the National Retail Federation, who loves to try to make swipe fees seem egregious no matter what. They also only really care about huge corporations, so they need to change their name."}
{"_id": "560622", "title": "", "text": "\"In the case of bank failures You are protected by FDIC insurance.  At the time I wrote this, you are insured up to $250,000.  In my lifetime, it has been as high as $1,000,000 and as low as $100,000.  I attached a link, which is updated by FDIC. In the case of fraud It depends. If you read this story and are horrified (I was too), you know that the banking system is not as safe as the other answers imply: In February 2005, Joe Lopez, a businessman from Florida, filed a suit   against Bank of America after unknown hackers stole $90,000 from his   Bank of America account. The money had been transferred to Latvia. An investigation showed that Mr. Lopez\u2019s computer was infected with a   malicious program, Backdoor.Coreflood, which records every keystroke   and sends this information to malicious users via the Internet. This   is how the hackers got hold of Joe Lopez\u2019s user name and password,   since Mr. Lopez often used the Internet to manage his Bank of America   account. However the court did not rule in favor of the plaintiff, saying that   Mr. Lopez had neglected to take basic precautions when managing his   bank account on the Internet: a signature for the malicious code that   was found on his system had been added to nearly all antivirus product   databases back in 2003. Ouch.   But let's think about the story for a second - he had his money stolen because of online banking and he didn't have the latest antivirus/antimalware software.  How safe is banking if you don't do online banking?  In the case of this story, it would have prevented keyloggers, but you're still susceptible to someone stealing your card or account information.  So: In the bank's defense, how does a bank not know that someone didn't wire money to a friend (which is a loss for good), then get some of that money back from his friend while also getting money back from the bank, which had to face the loss.  Yes, it sucks, but it's not total madness. As for disputing charges, from personal experience it also depends.  I don't use cards whatsoever, so I've never had to worry, but both of my parents have experienced banking fraud where a fake charge on their card was not reversed.  Neither of my parents are rich and can't afford lawyers, so crying \"\"lawsuit\"\" is not an option for everyone.  How often does this occur?  I suspect it's rare that banks don't reverse the charges in fraudulent cases, though you will still lose time for filing and possibly filling out paperwork.  The way to prevent this: As much as I hate to be the bearer of bad news, there is no absolutely safe place to keep your money.  Even if you bought metals and buried them in the ground, a drifter with a metal detector might run across it one day.  You can take steps to protect yourself, but there is no absolute guarantee that these will work out. Account Closures I added this today because I saw this question and have only seen/heard about this three times.  Provided that you get the cashier's check back safely, you should be okay - but why was this person's account closed and look at how much funds he had!  From his question: In the two years I banked with BoA I never had an overdraft or any   negative marks on my account so the only thing that would stick out   was a check that I deposited for $26k that my mom left me after she   passed. Naturally, people aren't going to like some of my answers, especially this, but imagine you're in an immediate need for cash, and you experience this issue.  What can you do?  Let's say that rent is on the line and it's $25 for every day that you're late.  Other steps to protect yourself Some banks allow you to use a keyword or phrase.  If you're careful with how you do this and are clever, it will reduce the risk that someone steals your money.\""}
{"_id": "560630", "title": "", "text": "The 15% Alibaba stake was invested in way before Mayer's came on board.  It's worth $51.75B right now.  Yahoo Japan is an autonomous company, that Yahoo has a 36% stake in, spun off well before Mayer's came on board and that stake is conservatively worth$10B.  Yahoo market cap is only $49B right now.  If anything, Marissa Mayers tenure just killed off the core value of Yahoo itself to the level that it's a liability and it's asset portfolio is the only thing holding it aloft."}
{"_id": "560633", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.federalreserve.gov/econres/feds/files/2017090pap.pdf) reduced by 99%. (I'm a bot) ***** &gt; 25 Although COFI mortgage rates are similar to traditional fixed-rate mortgage rates in some periods, COFI mortgage rates are considerably below traditional fixed-rate mortgage rates in most periods.  &gt; Some FixedCOFI mortgage simulations are originated in a low interest rate environment and then experience 17 \fFirst Draft 2/9/2016 Current Draft 8/18/2017 a string of positive Treasury shocks that push the path of COFI mortgage rates higher than the traditional fixed-rate mortgage rate for the remainder of the mortgage.  &gt; The COFI mortgage rate hovers around the traditional fixed-rate mortgage rate for the following ten years and then rises above the fixed-rate mortgage rate for the rest of the mortgage.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wouyf/fed_improving_the_30year_fixedrate_mortgage/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~200238 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Mortgage**^#1 **rate**^#2 **Fixed-COFI**^#3 **payment**^#4 **Fixed-Rate**^#5\""}
{"_id": "560676", "title": "", "text": "\"You are making a mistake equating calling out hypocrisy with the implication of incorrectness. Nobody is saying he's wrong--they are pointing out hypocrisy. Listen, I don't care whether Bezos is correct. I know what's right and I don't need to hear Bezos confirming it. He has transgressed and left a lasting scar in the tech industry. Amazon's \"\"one-click patent\"\" is a household word for \"\"dirty\"\" and \"\"predatory\"\" in the tech world. Bezos needs to at the very least express regret. Better yet, he needs to denounce his earlier one-click patent as absurd, and then license it freely to everyone. Actions speak louder than words. This is why people are so dismissive of his arguments. He is right, but many of us will never take him seriously.\""}
{"_id": "560681", "title": "", "text": "Your first step should be to visit with the financial aid office of the university that you are considering attending, perhaps even before filling out the FAFSA. You may be eligible for grants, scholarships, and subsidized loans, as well as unsubsidized loans. You should pursue the first two options first, and then when you know how much remains to be financed, we can evaluate which of your investments you might liquidate if further financing is needed. There are a range of views on debt on this board. I take a very cautious approach to going in to debt. I worked full-time and took night classes to finish my degree without debt, but depending on your program that might not be an option. It seems that you also have a healthy relationship with debt considering the shape of your savings and finances as outlined above. Apart from the above information about how much money could be obtained and at what interest rates, the other missing information is your current salary, and your expected salary range after completing the program. With all of that information I could make specific recommendations, but at this point, my only recommendation is to avoid liquidating any retirement accounts in your effort to invest in yourself if at all possible."}
{"_id": "560683", "title": "", "text": "I am not an accountant in any way, but I can't imagine needing to report that to the IRS. It's not income and has probably already been taxed when it was earned/received. You're not moving it from an untaxed (Roth) retirement account to a taxed one, or vice versa."}
{"_id": "560685", "title": "", "text": "&gt; it is very common to see top reddit comments that are verifiably false, on financial subjects or otherwise  This is the biggest problem with Reddit in subreddits that aren't heavily moderated.  You can't do that everywhere though because then people start screaming about censorship, I don't know what the solution is.  I just hope most people realize something isn't a fact just because a bunch of people upvote it."}
{"_id": "560686", "title": "", "text": "\"Wouldn't any rational person leave those decisions to the managers who have collectively positioned the company to be able to generate those profits in the first place?  I'm sure Carl Icahn and other \"\"activist investors\"\" would disagree but part of the reason for investing is you trust management to make a good ROI.  If as an investor I'm not happy with a 30 or 40 percent ROI then I should get out of the stock.\""}
{"_id": "560696", "title": "", "text": "This isn't the case with everyone.  Now if you want to talk about BMW and Mercedes hybrids, the prices are so much higher it doesn't make sense financially, even if you consider the amount of money you'll save on gas."}
{"_id": "560710", "title": "", "text": "\"The New York Times offer a remarkably detailed Buy vs Rent calculator.  You enter - From all of this, it advises the break-even rent, when monetarily, it's equal.  I'd suggest you keep a few things in mind when using such a tool. Logic, common sense, and a Nobel prize winner named Robert Shiller all indicate that housing will follow inflation over the long term. Short term, even 20 years, the graphs will hint at something else, but the real long term, the cost of housing can't exceed inflation.  The other major point I'd add is that I see you wrote \"\"We rent a nice house.\"\" Most often, people are looking to buy what they feel they can't easily rent. Whether it's the yard, room number or sizes, etc. This also leads to the purchase of too big a house. You can find that you can afford the extra bedroom, family room in addition to living room, etc, and then buy a house 50% bigger than what you need or planned on. In my opinion, getting the smallest house you can imagine living in, no bigger than what you live in now, and plan to get on a faster than 30 year repayment. Even with transaction costs, in 10 years, you'll have saved enough to make the bump up to a larger house if you wish.\""}
{"_id": "560713", "title": "", "text": "You cannot just decide to declare bankruptcy and make the debts go away. Bankruptcy proceedings under chapter 7 include accounting of all of your assets and income, and all of your debts, and dividing all your assets and income (except for amounts left for your own support) between the debtors. So if you can (i.e.: capable) pay the debts off - there's nothing magical in bankruptcy that will make it any better for you. You will still pay the debts off, except that now you will also have the huge (and much heavier) stain of bankruptcy. For chapter 7, the length it stays on the credit report is 10 years, not 7. Under chapter 13, the procedure is less drastic (doesn't include complete liquidation of all of your assets), but the result is equally not as good - you still pay all your debts but they may be reorganized (interest rates change, durations change, some things can still be charged off - but not likely if you actually have the capability to pay). Chapter 13 stays on your credit report for 7 years."}
{"_id": "560744", "title": "", "text": "Can I ask what the step by step of what it takes to process transaction? I'm assuming the machine itself doesn't do much other than acting as an end point for the user, and that the actual processing happens at an off sitel end point. The ATM itself just opens the connection, sends the request to do what ever, and then acts based on the response received from the off site location?"}
{"_id": "560747", "title": "", "text": "no way to consolidate the various outlets (other than money)...  The best idea that the establishment has is to meter bandwidth which is patent laughable.  Could you have predicted something like zerohedge or infowars getting as much attention as it does today 5 years ago?  As much as you would like to write off the fringe, I think it's undeniable the force non-traditional, non-mainstream outlets have had over the past 5 to 10 years.... and it's going to get much, much worse for the mainstream mediocrity."}
{"_id": "560749", "title": "", "text": "employed under the table and doesn't have a bank account If I could make that size 10,000,000 font I would.  Your friend likely also isn't paying taxes.  The student loan penalties will be nothing compared to what the IRS does to you.   Avoid taking financial advice from that person."}
{"_id": "560757", "title": "", "text": "This is basically saying that it's not possible to make more than some not-so-large amount without taking for yourself part of what several other people produce, yes?  How does that fit with the very high profits per a employee numbers that some companies have?: http://www.bloomberg.com/visual-data/best-and-worst/most-profitable-employees-companies"}
{"_id": "560774", "title": "", "text": "\"The problem you are referring to has to do with the different financial terms between retailers. Amazon wants better terms all the time, that favor Amazon, so we give them better terms and bake those terms into cost. Walmart historically has had better terms that favor suppliers, to be an EDLP retailer you had to get suppliers on board with EDLC, to do this it meant simpler terms...   I know one company who has \"\"similar\"\" items on both sites, the supplier's internal margins at/and amazon's margins are much higher. They make less margin at Walmart and Walmart takes less margin, but volume makes up for that!  Source: Supplier to both\""}
{"_id": "560776", "title": "", "text": "\"Earned income is what your software is doing, so it is taxable.  So you can't really make it tax exempt. You can form a business and claim the revenues from that business as income and deduct expenses it costs you to earn that revenue.  If you buy a server to run your software, then that is an acceptable expense to deduct from your revenues.  Others can be more questionable and the best thing to do is to consult a CPA.   If you are still in the testing stage and the revenues will be small then it should not matter.  Worry about the important things, not if you paid the IRS a few hundred to much. Are you in a state/country that allows online gambling?  In most states here in the US you are operating on shaky legal ground.  Before \"\"Black Friday\"\" I used to earn a nice part-time income playing online poker.\""}
{"_id": "560783", "title": "", "text": "Mutual funds don't do what ETFs do because, according to how the fund was built in their contract, they can't.  That is not how they are built and the people that invested in them expect them to act in a certain way. That is ok, though.  Many people still invest in mutual funds partially because of their history but there are some advantages to mutual funds over etfs.  Mainly mutual funds must mark-to-market at the end of day while etf values can drift from the asset value especially in crisis.  As long enough people invest in mutual funds the funds make enough money on their fees they don't need to change.  Maybe mutual funds will go extinct as etfs do have significant advantages, but it likely won't happen soon."}
{"_id": "560796", "title": "", "text": "You proceed with a proper legal advice. You should not ignore IRS letters. You should have taken your chances in trying to reach a compromise with them, but that ship has likely sailed already. You might want to consider bankruptcy. Ask your parents for a couple of hundreds of dollars to pay for a legal consultation with a lawyer and a CPA and proceed from there."}
{"_id": "560821", "title": "", "text": "Note that having the money in your savings/investments may impress the bank as much as, or more than, paying down this commitment. I would not advise rushing into an action that arguably reduces you financial options; it isn't likely to help."}
{"_id": "560872", "title": "", "text": "To keep the math simple, say you are in the 25% federal tax bracket. Your 4% mortgage effectively costs you 3%. Did Mr Advisor tell you what he suggests investing the money in? Borrowing at 3% net to put the money in .1% CDs makes little sense. And for most people, investing it in the stock market hoping to come out ahead, also makes little sense.  Credentials or not, people like him give humans a bad name, and make me love my dog even more. I'd stay far away from this guy. Very far away.  Edit - on further reflection (seeing mhoran's reference to $100K) it occurred to me that once a house is paid off, the only deductions allowed is for the first $100K of new mortgage or HELOC, absent a renovation or improvement of some kind. Given the limit and current 4% rates, it would seem to me that a rich retiree paying a fortune in taxes, isn't going to benefit much for a $4000 deduction."}
{"_id": "560876", "title": "", "text": "\"Servers were overwhelmed with traffic when there was little to no traffic, it was always backed by Conde Nast even when they were as hands off as they ever were, and is there anybody running discussion forums with a chance to rival Twitter in significance, how many of them would say, \"\"nah, I just want to stay small and stay away from corporate influence.\"\" I would have migrated from Reddit around the SOPA/PIPA days, the rally to restore sanity days, if I knew where to go, but I don't think I can win this chess game. Go to Voat? Why, is there any special reason Voat is impervious to botnet server attacks? Any reason three letter agencies can't manipulate, let alone spy, on Voat users? Any reason Wall Street, the same crooks that spin climate change denial scientific research and buying congress, would every call it quits and let me use Voat or any other site? Reddit has evolved as it has grown, and any site that tries to capture the good old days of Reddit are facing \"\"better chess players;\"\" orgs that have successfully beaten the old Reddit I pine for.\""}
{"_id": "560885", "title": "", "text": "If you get counterfeit money, then you're dealing with the criminal who is going to be punished by the law for doing that. The portion of the total sum that was paid with the counterfeit currency is considered unpaid and you can claim the money from the criminal and sue him, while he's in jail. He'll work hard on those license plates to pay you off. However, making false statements and assisting in a tax evasion scheme compromises your ability to go to the law enforcement in case of any wrongdoing, and then you should worry about the counterfeit money, because the law won't be on your side to help you. And you don't even get anything out of it... Why on earth are you willing to take this risk? Just so you know, it may also be money laundering, which may get you in trouble even more with the law."}
{"_id": "560887", "title": "", "text": "So let me ask you a question, what allowed them to be colonized vs African nations colonizing Europe or North American nations?  Was there a discrepancy in education, industry, commerce, etc? How did this discrepancies develop?"}
{"_id": "560889", "title": "", "text": "I just remembered a blog post at CashMoneyLife - Cloth Diapers vs. Disposable Diapers.  I had come across it a little while after posting my answer to a question at moms4mom.com - What can I expect to spend monthly on disposable diapers? And what do/did you spend? and I had linked to it from there, too, since it contained some information about disposable diapers. However, since you're asking about real nappies, i.e. cloth diapers, it is also relevant to your question, since it was discussing both kinds of diapers.  Here are some choice excerpts from the CashMoneyLife post: ...   The beauty of cloth diapers is   that while the upfront cost is much   higher, the ongoing cost is much   lower. Once you purchase them you are   only paying for laundry detergent and   the energy to wash/dry them. (Note:   I've also known people who have passed   along cloth diapers to other family   members or bought/sold them on   Craigslist, both of which could be a   cheaper option if you are willing to   do either).   ...   Which is better? I think they are both   great and I encourage you to try cloth   if you have young children. The cost   and environmental benefits will make   it worth your while. Then use   disposable diapers for what they were   intended for: a convenience. There are also some excellent comments following the post by readers who have also used cloth."}
{"_id": "560897", "title": "", "text": "You and your husband are fronting all the money upfront. I'm guessing this will cost you around 67,000 once closing costs and fees are included. So obviously you would be hundred percent owners at the beginning. You'll then pay 31% of the mortgage and have your sister pay the remaining 69%. This puts your total investment at the end at 67k + 74.4k + 31% of interest accrued, and your sisters total investment at 165.6k+69% of interest accrued. If you hold the full length of the mortgage, your sister will have invested much more than you( assuming 30 year fixed rate, and 3.75%, she'd pay 116.6k in interest as opposed to your 49.6k) She will have spent 282.2k and y'all will have spent 191k. However if you sell early, your percentage could be much higher.  These calculations don't take into account the opportunity cost of fronting all the cash. It could be earning you more in the stock market or in a different investment property. Liability also could be an issue in the case of her not being able to pay. The bank can still come after you for the whole amount. Lastly and most importantly, this also doesn't include the fact that she will be living there and y'all will not. What kind of rent would she be paying to live in a similar home? If it is more than 1400, you will basically be subsidizing her living, as well as tying up funds, and increasing your risk exposure. If it is more than 1400, she shouldn't be any percent owner."}
{"_id": "560909", "title": "", "text": "if the gold is damaged it has to get melted first to measure the gold content. after this process you will get your money"}
{"_id": "560913", "title": "", "text": "It is a paid internship. That is worthwhile enough. I work IB operations for a bulge bracket ibank and last year interning with them it started out with mundane things. Ask for more work, show them you are responsible, and things will get much better and far more productive. Truly, last summer was an incredible experience once I got settled in. It is worth the line on your resume, the networking abilities, and the future professional references just to tough it out, even if it doesn't get any better (which it will). The absolute WORST thing you can do in a job is leave unprofessionally and ruin the chance of getting any kind of recommendation in the future."}
{"_id": "560915", "title": "", "text": "\"I'm assuming when you say \"\"\u2026put it towards our mortgage payment?\"\", you mean make additional payments on top of your scheduled payment. Strictly speaking, if the interest on your mortgage is higher than the return you can expect by saving, then yes, your excess savings should be put toward your mortgage.  This assumes that there are no pre-payment penalties, that you really won't miss that money in the short term (i.e. you say you have enough savings for emergencies, so that's good), and that both choices would use after-tax dollars (i.e. mortgage payment vs RRSP contribution in Canada is a huge discussion).\""}
{"_id": "560928", "title": "", "text": "Is there anything here I should be deathly concerned about? A concern I see is the variable rate loans. Do you understand the maximum rate they can get to? At this time those rates are low, but if you are going to put funds against the highest rate loan, make sure the order doesn't change without you noticing it. What is a good mode of attack here?  The best mode of attack is to pay off the one with the highest rate first by paying more than the minimum. When that is done roll over the money you were paying for that loan to the next highest. Note if a loan balance get to be very low, you can put extra funds against this low balance loan to be done with it. Investigate loan forgiveness programs. The federal government has loan forgiveness programs for certain job positions, if you work for them for a number of years. Some employers also have these programs.  What are the payoff dates for the other loans? My inexact calculations put a bunch in about 2020 but some as late as 2030. You may need to talk to your lender. They might have a calculator on their website.  Why do my Citi loans have a higher balance than the original payoff amounts? Some loans are subsidized by the federal government. This covers the interest while the student is still in school. Non-subsidized federal loans and private loans don't have this feature, so their balance can grow while the student is in school."}
{"_id": "560948", "title": "", "text": "\"I'm curious to know if you or any of your relatives have ever been declared as being mentally ill or having a psychological disorder.   Worst case scenario, let's say it is a \"\"con operation.\"\" In that case, that just makes all of the psychologists(and other people who aided them) look smart and the general public(which I already agree with) look stupid.   If most of psychology is all BS, then that just makes everyone else stupid for spending all of their money to get \"\"treated.\"\" And, really if we are that stupid (stupid enough to believe such a huge lie) I would then agree with the (25% of americans suffer from mental illness) statement because you have to be pretty stupid to be told such a huge lie and not figure it out.   Another thing: if it is so easy to tell that psychology is a scam, then why is there (in general) cross-field(scholars from physics, biology, history, language, medicine, etc) acceptance of psychology as a science?\""}
{"_id": "560976", "title": "", "text": "What Amazon is doing is called the Grey Market and normal bricks and mortar retailers do this as well.   For example, buying Irish Whiskey might be expensive at all the shops in Australia because the licensed distribution companies set a high price for Australia.  One retailer may simply buy Irish Whiskey off the retail shelf in South America, ship to Australia, pay import duties, and undercut all the competition.  This happens for all sorts of products all the time.   It destroys the channel distribution control that consumer goods companies have where they control distribution and set the prices consumers have to pay."}
{"_id": "560995", "title": "", "text": "\"They are basically racing to buy as much of the world's water rights as they can in an effort to control the supply and privatize it almost completely.  I mean, you could say, \"\"well, that's just business,\"\" but this is water we are talking about, not tennis shoes or mutual funds. What if someone did this with air?\""}
{"_id": "560997", "title": "", "text": "&gt;I'm saying that fees from Ticketmaster's competitors are usually only a few dollars less.  Well, fuck you for that lie. Look into brown bag tickets. Seriously, how can you say that when you don't know anything about the economics behind it?  &gt;You don't know any of these numbers for any of the acts you go to see.  Well, fuck you and your assumptions on this as well."}
{"_id": "561000", "title": "", "text": "\"I am a customer.  I only want minimal service and to be sold stuff at cheap prices.  I am blaming everything about the experience.  The employees did not give the vibe of being overworked, and the other departments nearby didn't look very busy.  They leisurely walked up after a bunch of customers were obviously irate, and showed not even a little bit of urgency, and again only after a manager showed up.  As a customer, I can blame everyone/everything I want at the store/entity that is trying to sell me stuff.  I had already invested too much time trying to get the manager several times to come over for me to just leave in disgust, but it is not something I will forget when considering future purchases.  \"\"You don\u2019t like your job, you don\u2019t strike. You go in every day and do it really half-assed. That\u2019s the American way.\"\" -Homer\""}
{"_id": "561026", "title": "", "text": "That's what i was afraid of. If I did decide to double major it is going to be extremely difficult to keep my grades up all while juggling a job, so it's something I have to think about.  After speaking to IB I'll see if it is for me. If not I was thinking about hedge fund or private equity. Guess we'll see. What other certifications should I keep in mind?  Thank you for all your advice!"}
{"_id": "561028", "title": "", "text": "Everything before long term plans seems fine. Vanguard and index funds is absolutely the smart, safe option. What most people should do. Not sure about the specific allocations or funds he chose (too lazy to look) but at worst this would be a 'solid' plan.  The long term plan looks more iffy but he seems to have a good head on his shoulders and I'm sure he'll figure that stuff out better with time.  &gt;Is this a safe plan?  Yes.  &gt;Is there anyway this could backfire and he loses all his money?  No way he loses it all. He could lose up to 30% or something in a bad year, but over the long term, if he follows this, it's highly unlikely he'll lose anything at all."}
{"_id": "561056", "title": "", "text": "you should always invest if your investment rate of return is higher   than your interest rate Your next line, about standard deviation is dead on.  There are too many variables to give an exact answer here, in my opinion. The main reason is that one variable isn't easy to quantify - One's risk tolerance.  Clearly, there's one extreme, the 18% credit card. Unless you are funding loanshark type rates of 2%/week, it's safe to say that 18% debt should take priority over any investments, except for the matched 401(k) deposits.  What I think you're talking about is something we've addressed here in multiple threads.  Do I prepay my sub 4% mortgage or invest? In this case, (and to Noah's comment) the question is whether you can expect a post-tax return of over 3% during your time horizon. I look at the return for 15 years from 1998-2013 and see a 6% CAGR for the S&P. I chose 15 years, as the choice is often one of paying a 30 year mortgage faster, as fast as 15. The last 15 years offer a pretty bad scenario, 2 crashes and a mortgage crisis. 6% after long term gains would get you 5.1% net.  You can pull the data back to 1871 and run CAGR numbers for the timeframe of your choosing. I haven't done it yet, but I imagine there's no 15 year span that lags the 3% target I cite.  What makes it more complex is that the investment isn't lump sum. It may not be obvious, but CAGR is a dollar invested at T=0, and returns calculated to T=final year. It would take a bit of spreadsheeting to invest the extra funds every month/year over your period of analysis.  In the end, there are still those who will choose to pay off their 4% mortgage regardless of what the numbers show. Even if the 15 year result showed worst case 3.5% (almost no profit) and an average 10%, the feeling of risk is more than many will want."}
{"_id": "561103", "title": "", "text": "The fee you were charged to get the money order is gone.  You agreed to that fee when you purchased the Money order.  It is now a check that you can use how ever you wish.  If you have already added a name to the pay to line it can be changed but different agencies have different rules for what they will accept.  Take the money order to your bank explain the situation and tell them you want to put the money in your account, or cash it."}
{"_id": "561123", "title": "", "text": "\"While you would probably not use your ATM card to buy a $1M worth mansion, I've heard urban legends about people who bought a house on a credit card. While can't say its reliable, I wouldn't be surprised that some have actual factual basis. I myself had put a car down-payment on my credit card, and had I paid the sticker price, the dealer would definitely have no problem with putting the whole car on the credit card (and my limits would allow it, even for a luxury brand). The instruments are the same. There's nothing special you need to have to pay a million dollars. You just write a lot of zeroes on your check, but you don't need a special check for that. Large amounts of money are transferred electronically (wire-transfers), which is also something that \"\"regular\"\" people do once or twice in their lives. What might be different is the way these purchases are financed. Rich people are not necessarily rich with cash. Most likely, they're rich with equity: own something that's worth a lot. In this case, instead of a mortgage secured by the house, they can take a loan secured by the stocks they own. This way, they don't actually cash out of the investment, yet get cash from its value. It is similarly to what we, regular mortals, do with our equity in primary residence and HELOCs. So it is not at all uncommon that a billionaire will in fact have tons of money owed in loans. Why? Because the billions owned are owned through stock valuation, and the cash used is basically a loan secured by these stocks. It might happen that the stocks securing the loans become worthless, and that will definitely be a problem both to the (now ex-)billionaire and the bank. But until then, they can get cash from their investment without cashing out and without paying taxes. And if they're lucky enough to die before they need to repay the loans - they saved tons on money on taxes.\""}
{"_id": "561140", "title": "", "text": "Having a good dividend yield doesn't guarantee that a stock is safe. In the future, the company may run into financial trouble, stop paying dividends, or even go bankrupt. For this reason, you should never buy a stock just because it has a high dividend yield. You also need some criteria to determine whether that stock is safe to buy. Personally, I consider a stock is reasonably safe if it meets the following criteria:"}
{"_id": "561143", "title": "", "text": "I guess it depends on what you mean by dodging taxes. Some could argue that legally taking advantage of tax loopholes is dodging taxes, while still perfectly legal. I think we are just talking semantics at this point. The main message is that there is nothing wrong with trying to cut your taxes."}
{"_id": "561151", "title": "", "text": "Since budgets are worked out the previous year, 2009 budget was actually voted on and signed off by the Bush administration. Obama had no control over that.  [Also under Obama, they stopped hiding the cost of war.](http://www.nytimes.com/2009/02/20/us/politics/20budget.html)"}
{"_id": "561159", "title": "", "text": "Jim Lisi, President &amp; Chief Executive Officer of Increase Visibility, boasts multiple years of experience regarding Search Engine Marketing. Increase Visibility is an award-winning Digital Marketing Agency, located in Aliso Viejo, California, which provides their clientele superior Pay Per Click (PPC) advertising and marketing, Search Engine Optimization (SEO) results, Social Media Optimization (SMO), Reputation Management, Local and Mobile campaigns. Our customer list includes Fortune 1000 companies and also the medium-large sized companies.   Jim Lisi launched Increase Visibility in 2003 following realizing that there is a great need for high quality Search Engine Marketing firms while the web was still young. He gathered numerous well-known specialists to create the best SEO business in the industry today. Jim Lisi is dedicated to guaranteeing that Increase Visibility is still among the leading internet marketing businesses around the world.  http://www.increasevisibility.com/"}
{"_id": "561167", "title": "", "text": "Very difficult situation, I've had similar ones. One option I've resorted to (didn't really work, but may work for you?) was this: say the guy asks for $250, you give him $100 and explain in detail why it's the best you can do at the moment - times are tough, you're saving for XYZ yourself, blah blah blah. Message being sent: Another thing I did once (that worked well) was just drive over, yell at the guy, submit his resume to 20 different places, and watch him get a job within weeks (the guy sat on a couch for months not even looking around). In your case this may translate into taking the friend out to a bar, pouring a couple of beers into him and telling him to grow TF up for baby's sake. Use your judgement re how well that's going to go across :)"}
{"_id": "561198", "title": "", "text": "Thats because for some odd reason we refuse to train people to be effective.  meetings can be good things that accomplish what they need to do but no one knows how to lead one so it just falls apart, drags on and doesn't work.  you only get the people together that need to talk to each other and you only talk about stuff that the entirety of that group need to talk about.  You can hammer these things out in 3 15 minute sessions with different sub groups instead of wasting 90 minutes of everyones time."}
{"_id": "561205", "title": "", "text": "Let's clarify some things. Companies allow for the public to purchase their shares through Initial Public Offering (IPO) (first-time) and Seasoned Public Offering (SPO) (all other times). They choose however many shares they want to issue depending on the amount of capital they want to raise. What this means is that the current owners give up some ownership % in exchange for cash (usually). In the course of IPOs and SPOs, it can happen that the public will not buy all shares if there is very little interest, but I would assume that the more probable scenario if very little interest is present is that the shares' value would take a big drop on their issuance date from the proposed IPO/SPO price. After those shares are bought by the public, they are traded on Exchanges which are a secondary and (mostly) do not affect the underlying company. The shares are exchanged from John Doe to Jane Doe as John Doe believes the market value for those shares will take a direction that Jane Doe believes in the opposite. Generally speaking, markets will find an equilibrium price where you can reasonably easily buy-sell securities as the price is not too far from what most participants in the market believe it should be. In cases where all participants agree on the direction (most often in case of a crash) it can be hard to find a party to make a trade with. Say a company just announced negative news with long-lasting effects on the business there will be a surge in sell orders with very few buyers. If you are willing to buy, you will likely very easily find a trading partner but if you are trying to sell instead then you will have to compete for the lowest price against all other sellers. All that to say that in such cases, while shares are technically sellable / purchasable, the end result can be that no shares are purchasable."}
{"_id": "561218", "title": "", "text": "\"This is one of those \"\"no shit\"\" articles. It's buried about halfway down that article, but then you find the concession that, among the group of working age men who were not working and using opiates, they found a large number had serious injuries and were taking pain medication, under a doctor's care, to manage that.  They also concede that the rates of disability is substantially higher among working-age men as well, and that frequently requires pain management -- and whether it's managed with ultram or heroin it's all counted the same in the article (and likely the paper, but I can't read it at the moment).  Further, since it restricts this to not in the labor force rather than unemployed + not in the labor force, two things happen: first, the public perceives it to be higher and more problematic because they think \"\"unemployed\"\" not \"\"non-participant\"\", and second it includes those who are undergoing chemo, hospitalized and dying, or otherwise under constant medical care that may *also* require pain management. It's not nearly as instructive as if this had included a breakout for the unemployed.  The paper is interesting and necessary, but this isn't really news.\""}
{"_id": "561226", "title": "", "text": "The short answer is, no - if what you're doing is working well enough for you then you don't need to do anything more with your website.  The long-ish answer is, you can use your website as the syndication platform for all your social media. Instead of posting all of your writing on each social account you may be better off putting your original content in a platform you control (your website) and then syndicating it out to social platforms. This has a number of advantages - you can customize the way you present it for the audience of each social platform in the introduction you give it; you can bring the interested traffic and clicks back to your website (where you can influence them to your CTAs), and not to be dismissed - if your business is highly dependent on 3rd party services like social media platforms then that is a risk. They may change their policies at any time and affect your business as a result."}
{"_id": "561257", "title": "", "text": "Yeah, that's what I meant when I said 'fellowships'... freemasons, oddfellows, that sort of thing... the sort of orders that inevitably get labelled as part of a conspiracy to take over the world by christians whenever they realize church attendance is down."}
{"_id": "561273", "title": "", "text": "13 or 30, the only real difference is that as a minor, you are claimed as a dependent on your parent's return, so you don't have you own exemption. But you do have a standard deduction of $6300 when it comes to earned income. Yes, you'll pay taxes, federal, state, and tax for social security.  There's nothing wrong with paying taxes. In fact, I hope you have to pay a small fortune in tax! That would mean you've made a large fortune, and after taxes, still got to keep a good chunk of it. If your income is minimal, you'll actually pay very little in taxes, not enough to even think about wanting to give away what you can sell."}
{"_id": "561282", "title": "", "text": "I don't see how anyone could give you a hard-and-fast formula, unless they know where to get some applicable statistics. Because several factors here are not a straight calculation. If you don't replace the tires but keeping driving the car, what is the increased probability that you will get into an accident because of the bald tires? How much will bald tires vs new tires affect the selling price of the car? Presumably the longer you drive the car after getting new tires, the less increase this will give to the market value of the car. What's the formula for that? If you keep the car, what's the probability that it will have other maintenance problems? Etc. That said, it's almost always cheaper to keep your current car than to buy a new one. Even if you have maintenance problems, it would have to be a huge problem to cost more than buying a new car. Suppose you buy a $25,000 car with ... what's a typical new car loan these days? maybe 5 years at 5%? So your payments would be about $470 per month. If you compare spending $1000 for new tires versus paying $470 per month on a new car loan, the tires are cheaper within 3 months. The principle is the same if you buy with cash. To justify buying a new car you have to factor in the value of the pleasure you get from a new car, the peace of mind from having something more reliable, etc, mostly intangibles."}
{"_id": "561299", "title": "", "text": "Our Website http://alignmentspinecare.com/ A holistic Chiropractor Queens will treat the client until subluxations are fully resolved and then broaden their attention to include general subluxation correction in the entire spine in order to promote general wellness. Both approaches have real value. While imposing limits on treatment based on the limits of what peer-reviewed research can substantiate is important, holistic chiropractors acknowledge that progress in science occurs by pushing the limits of understanding and treating patients in ways that current best evidence may not fully support. The periphery of science is where progress is usually made - though it is also where quackery finds refuge."}
{"_id": "561313", "title": "", "text": "For sure. It's just that Singapore is mostly a big city. So, yeah. It's not like you're going to find cheap urban sprawls popping up on the outskirts of the city like they can in LA and SF, for instance. Interesting place, Singapore, but unless I was in business or tech I wouldn't live there."}
{"_id": "561317", "title": "", "text": "There are some student loan repayment programs and the like where, if a raise would bump you past a certain threshold, you become ineligible and are suddenly left holding the whole bag, or alternately the payoff for having your loans forgiven/repaid drops considerably. It can make financial sense to avoid crossing those thresholds."}
{"_id": "561343", "title": "", "text": "I wonder how much tourism the UK lost due to weekly terrorist attacks.  The strong US dollar is mentioned as an aside, but is obviously the primary reason for any drop in tourism to the US. The rest of the article is just creating a false narrative."}
{"_id": "561344", "title": "", "text": "I've used OFX quite a lot for international transfers. They are much faster than a normal international transfer from your bank. Instead it ends up being a local transfer on either end which just works a heck of a lot quicker. They also claim lower exchange rates. In the past we have compared and sometimes found them lower and sometimes found them a little higher. Their fees certainly are lower though. Only thing is I think there was a lag setting up the account initially (they need to contact you by phone), so if you're in a hurry this may be problematic. And yes, you will need internet banking to do this. Since the question is specifically about how to do this in the cheapest way possible, I think the answer is to use internet banking."}
{"_id": "561371", "title": "", "text": "This belt provides a balanced treatment that acts on the fat, which accumulates in different parts of the body, making it more liquid to eliminate it through the lymphatic channels more effectively. Sauna belt does not produce any adverse reaction. The contracting muscle burns fat and as the cells are released from that fat, they become smaller. This way stimulates the body to eliminate the liposities by expending their fat stores so that the body is thinning to the extent who uses it."}
{"_id": "561375", "title": "", "text": "&gt;*Every economist knows that if you allow it, banks will max out their leverage*  So to follow that argument then we should push for increased regulation as the banks/free market will not police themselves.  The flood gate referred to was a removal of previous regulations restricting lending practices. (Also -8year delay in impact doesn't really lend to the flood gate analogy - more like they increased the flow behind the dam)"}
{"_id": "561377", "title": "", "text": "I don't understand the logic in the other answer, and I think it doesn't make sense, so here is my take: You pay taxes on income, not on sales price. So if you put X $ of your own money in the account and it becomes X + Y $ in the future, at the moment of liquidation, you will own taxes on the Y $. Never on the X $, as it was your own (already taxed) money to begin with. The difference between long-term and short-term gains just influences the tax rate on Y. If you donate the gain alone (the Y $) to charity, you can deduct Y from your tax base. So adding Y to your tax base and then deducting Y again obviously leaves your tax base at the old value, so you pay no extra taxes. Which seems logical, as you didn't make any money in the process. Aside from extreme cases where the deductible gain is too large a percentage from your income or negative, I don't see why this would ever be different. So you can take your original 100 $ back out and donate all gains, and be fine. Note that potential losses are seen different, as the IRA regulations are not symmetric."}
{"_id": "561425", "title": "", "text": "\"Some things you should consider from your observations.  1. Those \"\"few units available to rent\"\" at the mall: they're available for a reason, namely nobody else thinks they have a business idea that can work out at that location. Malls are suffering all over the country, and the more empty units there are at a mall, the less people want to go there.  2. You are right to be concerned about copyright/trademark from amateur Etsy creators. But there's another serious problem: what do you do with the leftover inventory when Harry Potter is less cool? Or the particular Etsy product doesn't sell as much as you expect? Are you are taking all the risk?  The GameStop in my area is already selling Pop Vinyls, Barnes and Noble does too, lots of places. If an Etsy creator is able to provide their product in volume, they are going to want to deal with an established distributor/retailer. Why would they go with some unknown startup single-location retailer?  Now, don't get me wrong, you see these kind of idiosyncratic kinds of retailers all over the place: selling Pokemon cards and comic books and other random knick-knacks. But it isn't a sure thing, and I suspect even the successful ones are not making their owners much of a profit. But if it is fun and keeps you busy, and gives you enough money to live and save a bit for the future, that's good enough.\""}
{"_id": "561433", "title": "", "text": "I do not know or care about their motivations. But if I KNEW that they were motivated by money \u2013 and most, but not all, stockholders probably are, and why not? \u2013 that would be a clue about how to make a pitch for clean energy. Is there a money-based case to be made for climate action? Certainly Michael Bloomberg, author of Climate Hope, thinks so."}
{"_id": "561446", "title": "", "text": "no, it doesn't mean it's right at all. They probably sell them at a premium now boasting that they are 'all American made'  New coke all over again?  I live in a little town on the south west of Scotland called Kilmarnock.  One of our last major manufacturers is in the final phases to pull out after being there since 1820. The name? Johnnie Walker - you may have heard of them.  Another major manufacturing company left a skeleton crew a good number of years ago - there are still steam engines that were built there running in Africa even today.  http://en.wikipedia.org/wiki/Andrew_Barclay_Sons_%26_Co.  And one last company http://www.masseyferguson.com/EMEA/GB/about/242.aspx  Do you know what ultimately killed these 3 companies in Kilmarnock?  The workers, or at least - or - to be more precise the Unions.  Not that I'm against unions - at least not the realistic ones.  Johnnie Walker is the last large manufacturing giant to move out of Kilmarnock.  A town that is now pretty much a ghost town with an incompetent council.  All were high paid jobs - I'm sure we would all love $25 an hour to press an on off button and watch an emergency stop, how many do that here for less? Why should the above have been getting more?  Because they could, they were so used to the high life (when things were good) that they would not settle for anything else, ultimately running the companies out of the area when machines and lesser workforce were more than capable. Diageo (JW owner) is pulling the line back to a generic factory in another Scottish location, cheaper to run, more modern and lesser wages.  I'm glad to see manufacturing coming back and having worked in customer relations for a large conglomerate I think we are on the brink of change.  It's still up hill and you'll be talking to Indians by the name of Frank for a few years yet to come - but it's impacting their bottom line and at the end of the day -- THAT is all that matters.  It's the massive conglomerates we need to worry about - they'll destroy people and tradition to pad their wallets. Oh, yeah... tradition - Cadbury - just came to mind.  Why do we let them get so big? when just one slice and thousands of people and products are off the shelves for good ... even when they are profitable?  http://www.independent.co.uk/news/business/news/taxpayers-braced-for-1bn-blow-from-rbs-scandals-8002175.html  http://www.thisismoney.co.uk/money/markets/article-2196043/RBS-blasted-3-2m-golden-hello-paid-new-retail-chief-Ross-McEwan.html  It does sicken me that when austerity bites - the people at the top who cream the riches during the good never seem to suck up the piss  during the bad.  But going back on topic, if you are not willing to do the job for $15 dollars an hour that's fair enough -- but I'm sure there are still plenty of other Americans that would love that job and they know it."}
{"_id": "561456", "title": "", "text": "This company really has a wide range of services. I'm also quite impressed with the fact that they provide bespoke office furniture design and creation as well. You don't find a lot of interior design companies that also offer this kind of service."}
{"_id": "561461", "title": "", "text": "Extended warranty or insurance is a tricky thing.  In general, the big screen TV, or other electronics are going to become obsolete before they fail. Laptops, even Macs, are at risk for higher failure rates than other electronics.  The question remaining is whether after the item has reached its 3rd or 4th birthday, if you would already be in the market for a newer model.  In the big picture, if you have the money to buy a new replacement, or pay for a repair, you are better off to avoid the insurance. The highest failures are in the first year (aka 'infant mortality') and after N years, closer to 7-10, enough for obsolescence, than in years 2-5."}
{"_id": "561474", "title": "", "text": "\"Because... * It's a type of food you don't know how to make well * It's a type of food that's not time/cost efficient * You just want to get out of the house and have someone else do dishes, heh  That being said, it's super easy to do good steaks at home on the cheap. Looking at that recipe, you could even do it in one pan on the stove, probably better than them and way cheaper.  1. Acquire salt, pepper, steak, butter, brown sugar, and bourbon 2. Heat pan till it's searing hot 3. Pat steaks completely dry, apply salt/pepper 4. Toss steaks in pan 5. Sear each side for about a minute 6. Toss a tablespoon or two of butter in pan 7. Spoon melted butter over steak, a couple minutes per side 8. If you have a thermometer, start checking the temp. If not, look up the old \"\"poke test\"\" 9. Pull steaks off just as they hit desired temp, place on a plate under tinfoil 10. Carefully pour a shot or two of bourbon into the pan, add a tablespoon or so of brown sugar, scrape all the stuff on the bottom off and mix it all up real well. Cook until it's sticky, like a glaze. 11. Coat steaks in the glaze 12. If you happen to have some baby carrots or broccoli, toss them in the pan with the glaze and a little more butter and salt.  Whole process takes maybe 20 minutes from start to finish, less once you have it down pat.\""}
{"_id": "561480", "title": "", "text": "David Schechtmann is one of the directors at Parabel, a company that produces the product Lentein. It is produced from lemnoideae, a fresh-water lentil plant. David Schechtmann helped Parabel to create the 450-acre site in Fells mere where plants grow in outdoor ponds. David Schechtmann have extensive experience in his area."}
{"_id": "561481", "title": "", "text": "If English is your second language or not, it is still incumbent on you to be clear. Especially when you are making a strong, specific technical point.  As Adorno said, \u201cwhat is vaguely put is poorly thought.\u201d  And the quality of your comment is not improved by carping about whether I\u2019m a \u201cgrammar Nazi\u201d or not.  That said, autocorrect can get even the best of us."}
{"_id": "561521", "title": "", "text": "\"Security mogul Eugene Kaspersky has declared cyber warfare as \"\"the internet's greatest threat.\"\" Kaspersky believes that cyber warfare has leaped over threats such as cyber crime and privacy issues to become the most dangerous issue facing the web. He spoke at the Australian Cebit convention about the potential damage of cyber super weapons and the future of internet security. \"\"Cyber weapons can damage a physical object as badly as a traditional weapon,\"\" Kaspersky was quoted as saying during his keynote presentation in Sydney. \"\"It is a realistic scenario against any country because we all have the same systems. All it takes is the wrong people with the right motives.\"\" While both the public and private sector have been scrambling in recent years to protect critical infrastructure against cyber attacks, experts have suggested that most hypothetical attacks would likely be limited in scope to a local or regional scale. Kaspersky argues that the only way to prevent a catastrophic series of attacks in the future would be for countries to come together and sign international pacts against the use of cyber weapons. \"\"I'm afraid that there's only one way that they can be protected and that's international agreements against cyber weapons, same as was done with nuclear weapons, chemical weapons and biological weapons,\"\" Kaspersky said. Both China and the US showed positive signs for peace when they held cyber security excercises earlier this year in a sign of solidarity. During his speech Kaspersky pointed to the Stuxnet virus as a barometer for the power of cyber warfare. The highly-sophisticated virus successfully infected Iran's nuclear programme and is believed to have caused critical damage to uranium-enrichment equipment.\""}
{"_id": "561535", "title": "", "text": "Contributing factors to the diversion were that: A) China's currency does not float like other major countries' currencies  B) China's real estate market didn't have the same lending criteria leading to the level of speculation seen in USA, at the time."}
{"_id": "561570", "title": "", "text": "The problem is a little deeper than that. What you are witnessing is a change in the economy, a transformation so to say. Many people in society are unaware of this, the unadapted as I call them. Check this if you curious about this transformation, I believe its a good thing. https://www.cityxcape.com/secret-spots/2017/10/15/battle-of-ideas"}
{"_id": "561580", "title": "", "text": "\"&gt; Is legacy software pretty standard across the board for trading firms and bulge bracket banks?  My first job out of college, we were still using *mainframe.* As in \"\"type a four character code to get to the screen you want, we look like 1980s radar screens with green text on black background\"\" mainframe.\""}
{"_id": "561586", "title": "", "text": "I read somewhere that they are the first generation of individuals who have been monitored by marketing firms and businesses since they were born.   All businesses really care about it being able to squeeze every dime out of a person regardless of a recent recession, poor job options and stagnant pay and growth.   Forget trying to make the world a better place, let those who've suffered the most suffer a little more -they won't notice."}
{"_id": "561590", "title": "", "text": "This simply will not work.  A rising tide raises all ships so you are only moving the baseline up while not creating any value.  It is value creation through work that improves standard of living.  The real concern is with Amazon and others who are destroying lower end jobs.  Most of the folks that are impacted are now structurally unemployed because they are simply unable to learn the new skills.  If we want to help folks the let's stop Amazon from destroying jobs.    I think we have tried basic income. It's called welfare."}
{"_id": "561606", "title": "", "text": "Reaching the debt ceiling is an admission that the US can't pay its bills as they come due.  Credit rating agencies could cut the US's debt rating, making acquisition of new debt much more difficult.   Creditors could file for involuntary bankruptcy, forcing the government to pay back the debt - which, to be clear, it simply is incapable of doing in any kind of reasonable timeframe.  The loss of confidence in the US's ability to pay its debts...  Given how the US is such a financial and economic center of the world (partially by design, partially by happenstance), it would probably be disastrous worldwide."}
{"_id": "561608", "title": "", "text": "There are different ways to determine the value of a company: When an entrepreneur starts a new company himself and owns 100% of the company, the Fair Market value is unknown. He has put his own money into the company, so it has a high Investment value to him, meaning he has a lot at stake in the company. The Asset value is probably less than the Investment value, meaning if he closed the company, he would lose some of the money he invested.  Now, using your example, a Venture Capitalist comes along and takes a look at the company. She believes that the company has a great future potential to make money, which means that she believes that the Intrinsic value is very high. She decides to invest $1 Million in the company for a 10% stake, and the founder agrees. The Fair Market value of the company at that moment is $10 Million. The VC believes that the Intrinsic value of the company is more than $10 Million and that she is making a good investment. The Asset value of the company just went up by $1 Million.  To answer your question, the $1 Million is not the founder's to spend on a new house. It is the company's money. However, the founder owns 90% of the company. The new capital will allow the company to buy whatever assets the company needs to meet the potential that the founder and the VC see in it, and make the company grow and earn money for the two investors.  A crooked founder could, theoretically, close down the company immediately and pocket 90% of the new cash, but there are certainly legal protections in the contract they signed when the investment was made that prevent him from doing that."}
{"_id": "561614", "title": "", "text": "Your question is rather direct, but I think there is some underlying issues that are worth addressing.  One How to save and purchase ~$500 worth items This one is the easy one, since we confront it often enough.  Never, ever, ever buy anything on credit. The only exception might be your first house, but that's it. Simply redirect the money you would spend in non necessities ('Pleasure and entertainment') to your big purchase fund (the PS4, in this case). When you get the target amount, simply purchase it.  When you get your salary use it to pay for the monthly actual necessities (rent, groceries, etc) and go through the list. The money flow should be like this: Two How to evaluate if a purchase is appropriate It seems that you may be reluctant to spend a rather chunky amount of money on a single item. Let me try to assuage you. 'Expensive' is not defined by price alone, but by utility. To compare the price of items you should take into account their utility. Let's compare your prized PS4 to a soda can.  Is a soda can expensive? It quenches your thirst and fills you with sugar. Tap water will take your thirst away, without damaging your health, and for a fraction of the price. So, yes, soda is ridiculously expensive, whenever water is available. Is a game console expensive? Sure. But it all boils down to how much do you end up using it. If you are sure you will end up playing for years to come, then it's probably good value for your money.  An example of  wrongly spent money on entertainment: My friends and I went to the cinema to see a movie without checking the reviews beforehand.  It was so awful that it hurt, even with the discount price we got. Ultimately, we all ended up remembering that time and laughing about how wrong it went. So it was somehow, well spent, since I got a nice memory from that evening.  A purchase is appropriate if you get your money's worth of utility/pleasure. Three Console and computer gaming, and commendation of the latter There are few arguments for buying a console instead of upgrading your current computer (if needed) except for playing console exclusives. It seems unlikely that a handful of exclusive games can justify purchasing a non upgradeable platform unless you can actually get many hours from said games.  Previous arguments to prefer consoles instead of computers are that they work out of the box, capability to easily connect to the tv, controller support... have been superseded by now. Besides, pc games can usually be acquired for a lower price through frequent sales. More about personal finance and investment"}
{"_id": "561621", "title": "", "text": "Most accredited universities have the same number of Gen eds for every major. I said it was different at every school and you have yet to point out a chain of five pre reqs that would prevent him from doing it in two years."}
{"_id": "561636", "title": "", "text": "You're misunderstanding the concept of retirement savings. IRA distributions are taxed, in their entirety, as ordinary income. If you withdraw before the retirement age, additional 10% penalty is added. Investment income has preferential treatment - long term capital gains and qualified dividends are taxed at lower rates than ordinary income. However, IRA contributions are tax deductible. I.e.: you don't pay taxes on the amounts contributed to the IRA when you earned the money, only when you withdraw. In the mean time, the money is growing, tax free, based on your investments. Anything inside the IRA is tax free, including dividends, distributions (from funds to your IRA, not from IRA to you), capital gains, etc. This is very powerful, when taking into account the compounding effect of reinvesting your dividends/sale proceeds without taking a chunk out for taxes. Consider you make an investment in a fund that appreciated 100% in half a year. You cash out to reinvest in something less volatile to lock the gains. In a regular account - you pay taxes when you sell, based on your brackets. In the IRA you reinvest all of your sale proceeds. That would be ~25-35% more of the gains to reinvest and continue working for you! However, if you decide to withdraw - you pay ordinary rate taxes on the whole amount. If you would invest in a single fund for 30 years in a regular account - you'd pay 20% capital gains tax (on the appreciation, not the dividends). In the IRA, if you invest in the same fund for the same period - you'll pay your ordinary income rates. However, the benefit of reinvesting dividends tax-free softens the blow somewhat, but that's much harder to quantify. Bottom line: if you want to plan for retirement - plan for retirment. Otherwise - IRA is not an investment vehicle. Also consider Roth IRA/conversions. Roth IRA has the benefit of tax free distributions at retirement. If your current tax bracket is at 20%, for example, contributing $5K to Roth IRA instead of a traditional will cost you $1K of taxes now, but will save you all the taxes during the retirement (for the distributions from the Roth IRA). It may be very much worth your while, especially if you can contribute directly to Roth IRA (there are some income limitations and phaseouts). You can withdraw contributions (but not earnings) from Roth IRA - something you cannot do with a traditional IRA."}
{"_id": "561645", "title": "", "text": "God fucking damnit. And it's a GT (actually SLS, my bad) too. A Fucking amazing piece of engineering that will sit in the garages of collectors for years to come. And he just fucking abandoned it. What a fucking asshole, all questionable financial decision making aside."}
{"_id": "561650", "title": "", "text": "Don't get huffy.  You're making assumptions that ATM machines are networked in exactly the same way.  For any machine to get compromised, the malware needs a way in.  You assume that the banks are just as stupid about leaving their ATMs attached to improperly secured networks as Iran was.  Give me a break with this crap."}
{"_id": "561653", "title": "", "text": "\"This is fairly simple, actually.  You should insist on payment for the rent payment you never received and stop accepting cash payments. If you want to be nice, and believe the story, allow the tenant additional time or payment in installments for the missing $750, but this is a textbook example of why it's a bad idea to transact with cash.  Insist on cash equivalents that are traceable and verifiable - check, money order or cashier's check, made out to you or your company name. Also, for what it's worth, you are not out $750, unless you choose to be.  Your tenant is.  \"\"I put cash in your mailbox\"\" is not proof of payment, and doesn't fly as payment anywhere.  If it did, I'd never pay any of my bills.\""}
{"_id": "561669", "title": "", "text": "If your country of residence is going to be Germany, it is advisable to move money to Germany at the earliest opportunity. It is hard to predict what will happen in future, i.e. whether Reais will rise or fall compared to Euro. The question of whether to leave the funds in Brazil or not, should be looked at: If you had money in Euro, would you have moved it to Brazil or kept it in Germany?"}
{"_id": "561676", "title": "", "text": "I know you're not. That's why I'm saying that **YOU** are not adding anything to this conversation by coming in and being an irrelevant language lawyer skipping the whole point.  Please go away. You're out of your element."}
{"_id": "561695", "title": "", "text": "\"The short answer is that there is no US tax due if all you are doing is moving assets held abroad to the US. Whether you are a \"\"returning\"\" US citizen (or will continue your residence in the Philippines) is not relevant to this. The long answer is that you may be liable for a lot of other fines and taxes if you have not been doing any of several things correctly. As a US citizen, you are required to declare your worldwide income on your US income tax returns. Have you been filing US income tax returns during your time abroad? and have you been declaring the income that you have received from non-US sources each year? This includes wages, interest, dividends, capital gains, rental income from real estate, gambling income, lottery winnings,  Nobel prizes, everything. If you have been paying income tax to other countries on this income, then it is generally possible to get a deduction for this tax payment from the income that will be taxed by the US (or a credit for the tax payment against your US Federal income tax liability) depending on the existence of tax treaties or (when the US Senate refuses to approve a tax treaty) a Double Taxation Avoidance Agreement between the US and other countries. In some cases, foreign earned income up to a certain limit is not taxed by the US at all. Even if you have been filing US income tax returns correctly, and can thus account for the $45,000 in your savings account, or you received that money as a gift or inheritance and can account for it on that basis, have you been filing reports with the US Treasury since the year when the total value of all your foreign bank accounts and other financial assets (stocks and bonds etc but not real estate) first exceeded $10,000?  In prior years, this was a matter of filling out and submitting Form TD F 90-22.1 but more recently (since 2010?), you need to fill out and submit FinCEN Form 114. Have you been submitting the required documentation all along? Note that there are severe penalties for failure to fine FinCEN Form 114, and these penalties do not get waived by tax treaties. In summary, you might (or you might not) have several other tax or legal issues to worry about than just taxes on the transfer of your money from the Philippines to the US.\""}
{"_id": "561703", "title": "", "text": "I don't see balance sheet in what you're looking at, and I'd definitely suggest learning how to read a balance sheet and looking at it, if you're going to buy stock in a company, unless you know that the recommendations you're buying on are already doing that and you're willing to take that risk.  Also, reading past balance sheets and statements can give you an idea about how accurate the company is with their predictions, or if they have a history of financial integrity. Now, if you're going the model portfolio route, which has become popular, the assumption that many of these stock buyers are making is that someone else is doing that for them.  I am not saying that this assumption is valid, just one that I've seen; you will definitely find a lot of skeptics, and rightly so, about model portfolios.  Likewise, people who trade based on what [Person X] does (like Warren Buffett or David Einhorn) are assuming that they're doing the research.  The downside to this is if you follow someone like this.  Yeah, oops. I should also point out that technical analysis, especially high probability TA, generally only looks at history.  Most would define it as high risk and there are many underlying assumptions with reading the price movements by high probability TA types."}
{"_id": "561741", "title": "", "text": "You kind of have to take what the market is offering.  The easiest way would be for you to have a system by which you could purchase the entire business and then dispose of the FFE and other liabilities as part of the sale.  Then you could pick and choose which of the clients you want to add to your portfolio of clients and those you would release back to the market.  The valuation of the transaction is the trick.  Taking the new client and managing it profitably is presumably something you feel you are well-suited to do already."}
{"_id": "561749", "title": "", "text": "charles phoenix lawyer Charles Phoenix is a lawyer who helps his clients work to unlock value in their assets, opportunities, and challenges by applying real estate, tax, business, contract, negotiation, litigation, restructuring, accounting, finance, and other strategies to problems in creative ways focused on their business."}
{"_id": "561750", "title": "", "text": "The Cayman Islands has an income tax enacted, it is just currently 0%.  It raises revenues from its tourism, import duties, and business registration.  It is part of the UK commonwealth and therefore enjoys the military protection of that federation, but doesn't have to spend on it. But unlike the US, the UK does not have an umbrella federal income tax on its overseas territories, so the Cayman Islands doesn't have to pass that down to its citizens nor do its citizens/residents have to be encumbered by one. It was not taxed by the King when it was first incorporated (hm, might need to fact check that). They also didn't go to war with the king over some small tax, so they got treated differently than some other North American colonies you might think of. The Cayman Islands is not the only government that raises revenues this way. Delaware also has a 0% income tax and raises the majority of its revenues on business registration (and perpetual franchise taxes on those businesses), allowing it to spare its citizens from passive income taxes. But unlike a US state, a citizen or business in a UK overseas territory does not have federal regulatory overhead, making it more attractive as a worldwide financial center."}
{"_id": "561764", "title": "", "text": "Publication 17 Your Income Tax top of page 14 If the direct deposit cannot be done, the IRS will send a check instead. When your girlfriend gets the check, she can endorse it over to you for deposit into your account."}
{"_id": "561765", "title": "", "text": "Some advice from my side:  - You can get your tax up to 4 years back,  - The prices of tax advisory in Munich (for basic tax declaration) vary from 36 \u20ac up to 170 \u20ac - Depends how much your earn. Here you can calculate the the price for yourself: http://getdoido.com/tax_declaration If you want to know more how to do the tax declaration by yourself then check my last blog post where I described step-by-step how to make a tax declaration by yourself in Germany :)"}
{"_id": "561798", "title": "", "text": "\"&gt;Now if we convert the average income in 1965 into today's dollars we get an average salary of $32,000. Pretty low, right? Well today, in the year 2012, the average income is somewhere around $43,460. Which means that over almost half-century the average income grew by a mere 35%, or only $11,000.  In some ways it's actually a lot worse than that: -----  The numbers you cite are GROSS *average* income.  First of all the \"\"average\"\" part is a problem since outliers greatly affect it, one ought to be looking at *median* income.  And second the fact that it is *gross* income (before taxes) rather that *net* income (after taxes) -- this is really critical when you look NOT at \"\"income taxes\"\" but rather payroll taxes and the rate changes over the years. While in 1965 the payroll tax was all of 3.65% (total), it was essentially doubled to 7.65% by 1990 (and actually 15.3% if you include the \"\"employer contribution\"\").  And of course many other taxes have increased (as *percentages*) during those same years, back in 1965 sales taxes were either minimal (say 1%) or non-existent; whereas now most states tax sales at somewhere between 5% and 10%.  But at the same time... it is actually a lot BETTER than the raw numbers make it seem: -----  Counteracting that, many goods -- especially electronics related -- have (continued to) become cheaper (even in nominal unadjusted dollars) and in conjunction with that lower price, much more widely available.   In part that was due to continued productivity increases in farming and manufacturing and lower (in *real* inflation adjusted terms) cost of energy, plus of course integrated circuits and computers dramatically improved efficiency of operations (in everything from the fanciness of CAD to the mundane aspects of tracking &amp; controlling inventories). So all hail to farmers, to oil, and to \"\"Moore's Law\"\" else you probably wouldn't be able to afford a color TV (much less a computer, video game, DVD player, and many of the rest of the relatively affordable \"\"amenities\"\" {including non-electronic things that have been made cheaper and more widely available due to the USE of computers in business &amp; industry} that make life today more enjoyable than it was circa 1965).\""}
{"_id": "561815", "title": "", "text": "Pretty sure that's a theory for one.  Two just because you are paying someone $20 that doesn't mean they will be as productive as 3 at $12.  To put it one way, that is like saying someone in California (where minimum wage will hit $15 soon and that lots making $20 as well) will be more productive than someone in say Ohio with a lower minimum wage.  I know the topic isn't about minimum wage, but its the best way I could describe my point."}
{"_id": "561832", "title": "", "text": "Young folks and students are more likely to be overdrawn on accounts, which is ridiculously expensive. Use a program like GNUcash to anticipate all your expenses. You can enter future dated transactions, and it will show you future minimum balances. Negative future minimum balances are of course, the thing you need to worry about. This is especially important as you'll have a mix of large upfront costs (tuition, books), large upfront receivables (student loans, grants), recurring expenses (food, rent, beer), and perhaps recurring income from a part time job. Software helps you record all the nuances to this system so that you can see how much the typical 'friday night fun' will bankrupt you."}
{"_id": "561850", "title": "", "text": "You can use Yahoo! Finance to pull this information in my use. It is listed under Key Statistics -> Dividends & Splits. For example here is Exxon Mobile (XOM): Dividend Payout Information"}
{"_id": "561884", "title": "", "text": "Successful covered calls are short term capital gains. The amount of time you have owned the underlying security is irrelevant. The gain occurred in the option period which will be an amount of days less than needed for a long term capital gain classification. Failed Covered calls can be either as the date you acquired the stock you are forced to sell determines their classification."}
{"_id": "561919", "title": "", "text": "\"BINGO!!!  Another egregious example of lobbyists being behind and guiding the actual decision-making process.    For the good of democracy, it's tragic and detrimental that so many people are so easily swayed by TV commercials, lawn signs and campaign paraphernalia. Instead of having their vote guided by actual issues that matter, people respond to commercial visibility, \"\"hot button issues\"\" and sloganeering. It's the ease with which uniformed voters are manipulated by money that gives lobbyists their ultimate power.\""}
{"_id": "561920", "title": "", "text": "They likely have an intern (job title) pay-scale that maxes out somewhere below $30/hr in order to meet the FLSA (that exempt vs non-exempt stuff you were seeing). As a PhD student, you could probably negotiate up into the ~$25/hr range, but from a benefits standpoint, they might not be able to pay you $35/hr without making you an exempt, full-time employee."}
{"_id": "561924", "title": "", "text": "Shares used to be paper documents, but these days they are more commonly held electronically instead, although this partly depends on what country you're in. But it doesn't make any significant practical difference. Regardless of their physical form, a share simply signifies that you own a certain proportion of a company, and are thus entitled to receive any dividends that may be paid to the shareholders. To sell your shares, you need a broker -- there are scores of online ones who will sell them for a modest fee. Your tax forms are entirely dependent on the jurisdiction(s) that tax you, and since you've not told us where you are, no one can answer that."}
{"_id": "561929", "title": "", "text": "I would think it depends on when within the 7 years you're planning to move. If you want to move within a year or two, the closing costs for the new mortgage may postpone the break even until after your move date; that wouldn't be a financially smart decision. If your plans suggest you're going to move after the break even point I'd definitely refi sooner rather than later and would try to reduce the term, either by overpaying or by choosing a 15 year mortgage that should have an even lower interest rate anyway."}
{"_id": "561937", "title": "", "text": "Depends on how you value your time.  These programs do not say they will get you the lowest basement price; they say you get a reasonable price without negotiation.  This is true. Use a service.  Pick out the car you want and spend less than an afternoon picking up your vehicle.  You don't have to fret or do all of the price research or comparison shopping because that is what the service does for you. Since you have to pick a make and model before you begin AND because you need to arrange your financing at a credit union before you being (regardless of a buying service) I don't think they actually work out financially for most folks. My anecdote: Because we were buying an already inexpensive new car, the Costco pre-negotiated discount was just a few hundred bucks.  The discount is different for each car (naturally).  Our base model was terrific in consumer reports, but the sticker price doesn't leave dealerships a lot of room for profit to start with. We ended up saving a couple thousand dollars by skipping the Costco program and following these tips from JohnFX:  What are some tips for getting the upper hand in car price negotiations? But we did it all over email.  We emailed any dealership we could find online that was in driving distance. (There were literally dozens of dealerships to choose from.)  We made a new, throw away email address and starting to ask for a lower price.  Whenever we got a lower price, we simply asked the others to beat it.  All over email.  It only took a few days, we know we got a low price and the stress really wasn't a factor.  (A couple of the salespeople got a little rude, but it was over the email so we didn't care or fret.) I had time to kill, and the extra hassle and effort saved me much more money."}
{"_id": "561939", "title": "", "text": "On the other hand, I'd be contributing less than with a traditional   plan since it is taxed before being invested. You got it backwards. The effective limit is higher for a Roth 401k than a Traditional 401k. The nominal limit is the same -- $17000. But an amount of money in a Roth plan is equivalent to a greater amount of money in a Traditional plan, because money in a Traditional plan is pre-tax that will need to be taxed when taken out, resulting in less post-tax money. Conversely, for a Roth plan, that is post-tax money, which came from a greater amount of pre-tax money; and it won't be taxed again. So it is more money, tax-neutral comparison wise. Of course, since you say that you won't hit the limit, this consideration doesn't matter anyway."}
{"_id": "561948", "title": "", "text": "Au contraire. I do freelance financial journlism and have to put things in a positive light all too often because that is what my clients want. So I need to unload when I am not doing it for them."}
{"_id": "561958", "title": "", "text": "\"I had a similar issue take place at a hospital when the repeatedly billed the \"\"wrong me\"\" -- a stale insurance record left behind from when I was a dependent on my parent's insurance a decade earlier. They ended up billing me for anesthesia when I had a major surgery (everything else was billed to the correct insurance.) The outsourced billing people were pretty unhelpful (not usually the case with hospitals), so I became the squeaky wheel. I sent certified letters, had my priest rattle the cage (it was a Catholic hospital) and eventually talked myself into a meeting with the VP of Finance, who started paying attention when the incompetence of his folks became apparent. Total cost: $0 + my time.\""}
{"_id": "561967", "title": "", "text": "Canadian Tire does this now, at least in Vancouver stores. Tells you the aisle number and saved a ton of time. Sure I don't browse the whole store but I still go back to CT for many purchases."}
{"_id": "561968", "title": "", "text": "Some comments above are inaccurate. Advertised interest rates for deposits and savings in Russia (from Russian banks) are generally for Ruble (RUB) denominated accounts; however, USD and EUR denominated accounts still offer favorable interest rates when compared to Western counterparts. For example, Sberbank advertises these Annual Interest Rates:  RUB \u2014 8.79\u201311.52% USD \u2014 2.05\u20135.31% EUR \u2014 2.05\u20135.21%"}
{"_id": "561982", "title": "", "text": "I have been a long time supporter of this viewpoint, but price drops of solar and battery over the last few years are starting to make it look like nothing will be able to beat the economics of solar. Nuclear is quite expensive and has a long payoff period and I don't think people will choose it over solar and wind much any more. Though I do think we need to update our existing reactors to new technology to solve some of the waste issues if this is possible (though I'm not sure it is)"}
{"_id": "561988", "title": "", "text": "Some of the advantages of Switzerland: Not everything is about money."}
{"_id": "561997", "title": "", "text": "I think your premise is slightly flawed. Every investment can add or reduce risk, depending on how it's used. If your ordering above is intended to represent the probability you will lose your principal, then it's roughly right, with caveats. If you buy a long-term government bond and interest rates increase while you're holding it, its value will decrease on the secondary markets. If you need/want to sell it before maturity, you may not recover your principal, and if you hold it, you will probably be subject to erosion of value due to inflation (inflation and interest rates are correlated). Over the short-term, the stock market can be very volatile, and you can suffer large paper losses. But over the long-term (decades), the stock market has beaten inflation. But this is true in aggregate, so, if you want to decrease equity risk, you need to invest in a very diversified portfolio (index mutual funds) and hold the portfolio for a long time. With a strategy like this, the stock market is not that risky over time. Derivatives, if used for their original purpose, can actually reduce volatility (and therefore risk) by reducing both the upside and downside of your other investments. For example, if you sell covered calls on your equity investments, you get an income stream as long as the underlying equities have a value that stays below the strike price. The cost to you is that you are forced to sell the equity at the strike price if its value increases above that. The person on the other side of that transaction loses the price of the call if the equity price doesn't go up, but gets a benefit if it does. In the commodity markets, Southwest Airlines used derivatives (options to buy at a fixed price in the future) on fuel to hedge against increases in fuel prices for years. This way, they added predictability to their cost structure and were able to beat the competition when fuel prices rose. Even had fuel prices dropped to zero, their exposure was limited to the pre-negotiated price of the fuel, which they'd already planned for. On the other hand, if you start doing things like selling uncovered calls, you expose yourself to potentially infinite losses, since there are no caps on how high the price of a stock can go. So it's not possible to say that derivatives as a class of investment are risky per se, because they can be used to reduce risk. I would take hedge funds, as a class, out of your list. You can't generally invest in those unless you have quite a lot of money, and they use strategies that vary widely, many of which are quite risky."}
{"_id": "561999", "title": "", "text": "\"You cannot get \"\"your investment\"\" out and \"\"leave only the capital gains\"\" until they become taxable at the long-term rate. When you sell some shares after holding them for less than a year, you have capital gains on which you will have to pay taxes at the short-term capital gains rate (that is, at the same rate as ordinary income).  As an example, if you bought 100 shares at $70 for a net investment of $7000, and sell 70 of them at $100 after five months to get your \"\"initial investment back\"\", you will have short-term capital gains of $30 per share on the 70 shares that you sold and so you have to pay tax on that $30x70=$2100. The other $4900 = $7000-$2100 is \"\"tax-free\"\" since it is just your purchase price of the 70 shares being returned to you.  So after paying the tax on your short-term capital gains, you really don't have your  \"\"initial investment back\"\"; you have something less. The capital gains on  the 30 shares that you continue to hold will become (long-term capital gains) income to you only when you sell the shares after having held them for a full year or more: the gains on the shares sold after five months are taxable income in the year of sale.\""}
{"_id": "562007", "title": "", "text": "Transfers of money to the UK for any purpose are not generally taxed, so you can just transfer it here and invest. Once the money is here, you'll be taxed on the business activity like anyone else - the company will have to pay corporation tax, and depending on your own residency you might have to pay income tax on any distributions from the company."}
{"_id": "562012", "title": "", "text": "\"We can't give you specific advice without a ton more details, and even then the \"\"right\"\" answer depends on your own preferences.  You need to determine your own goals.  I can make a couple of observations you might think about, though. Good luck.\""}
{"_id": "562043", "title": "", "text": "Each of us has experienced, at one time or another, the chaotic, turbulent and uncertain feelings and body states associated with the moment-by-moment onslaught of telephone calls, emails, meetings and to-do lists that are so common in our daily lives. During such times and experiences a person becomes stressed, de-centered and unfocused. How can one get a perspective on and transform these states-of-mind and body? Simply put, by becoming more mindfully-minded."}
{"_id": "562045", "title": "", "text": "\"A good place to start is to read, such as :  Robert T. Kiyosaki : poor dad rich dad. It is quite simple but it gives the good mindset to start. But moreover it is stated in the book : \"\"the best investement you can make is educate yourself\"\". You current situation is quite difficcult, but don't give up on your study. From your post i didn't understand : do you have a master degree?  If you love math, learn coding and find a job in banking or else. People that know how to code AND have a good level in math worth a lot.\""}
{"_id": "562046", "title": "", "text": "I don't think investing in only one industry, which you may know well, is very wise. You may want to invest in that industry but you should not restrict yourself from investing solely in that industry.  There are many times when your chosen industry may not be performing very well and other industries are performing much better. If you restrict yourself to just one industry you may be either out of the market for long periods of time or your portfolio may show negative returns for extended periods of time. You may want to know an industry or a number of companies very well but do not fall in love with them. The worst thing you can do is get emotional about an investment, an investment is there to make you money not for you to get emotional about. Don't restrict yourself, instead look to maximise your returns with investments that are performing better at the time."}
{"_id": "562061", "title": "", "text": "Here's the 2009-2014 return of the S&P 500 (SPY) vs. Vanguard FTSE ex-US (VEU) (higher returns bolded) Another argument for them is their low correlation to U.S stocks.   Looking at history however, I don't see it. Most times U.S stocks have   done badly, foreign stocks have also done badly. Looking at the last 6 years (and current YTD), 1 in 3 years have international stocks doing better.    I invest a portion of my investments in international because they aren't well correlated."}
{"_id": "562080", "title": "", "text": "That's a rearrangement of the fisher equation; which is the correct way to determine real rates.  However, people often use the approximation real \u2248 nominal - inflation; and if you're doing this for homework on software that is looking for exactly 1 numerical answer, they may be expecting you to use that instead.  Real interest rate is less formal nomenclature and refers to using the approximation.  Inflation-adjusted return is the equation.   In the real world you will use the approximation when you're figuring out a real rate while you're talking mid-sentence during a meeting; and use the equation in spreadsheets/calculations."}
{"_id": "562098", "title": "", "text": "You'll almost never be able to patent an app idea. When it comes to software you almost always just have to accept that others are going to be able to copy your idea, so to protect your business you have to do it either a) First, and well enough to lock in a first mover advantage or b) Better than others can  You haven't said if you're a coder or not, but generally if you can develop a MVP version of it before going to Kickstarter, that's much, much better. Almost no one is going to back a Kickstarter that just has an app idea.  After that, learn as much as you can about online marketing. Don't assume that just because you have a good idea the app will take off. Getting users is hard, very hard."}
{"_id": "562099", "title": "", "text": "\"Mergers do not go through if it's likely to grant monopoly power to the combined corporation. Ever heard of the SEC?  Also, let's indeed use words like \"\"synergies\"\" because they accurately describe the topic at hand. The word isn't overly corporate and even if it was, fuck you, I can say what I want on Reddit.\""}
{"_id": "562110", "title": "", "text": "It's a race to the bottom. Use raising debt ceiling will mean moe helicopter money. Euro is also buying bonds. Uk is idiots having no clue what they're doing so it's also going down. You just have to spread risk to fight inflation and avoid a crash if it happens"}
{"_id": "562111", "title": "", "text": "\"Again:  &gt; Go ahead and show me one article or picture of \"\"Palestinians\"\" dying of thirst or untreated diseases.  Please!!!!!!  &gt; Back to \"\"Palestine\"\", a short real true and verifiable historical summary: There was never ever a country or nation of \"\"Palestine\"\". The only reason we hear about \"\"Palestine\"\" and \"\"Palestinians\"\" today is because in 1967 Israel liberated the local Arabs from a 1948 occupation(!!!!!) by Egypt and Jordan of land given to them by the UN, for which Israel agreed to. If the 1967 events never happened, you would not hear today about \"\"Palestine\"\" and \"\"Palestinians\"\". True or false?  &gt; So, Israel never wanted to be a \"\"Greater Israel\"\" to rule over millions of additional Arabs as part of its democracy or \"\"occupation\"\" - more Arabs than Jews!!!! Israel is not that dumb. True or false?  &gt; The blockade is actually by Egypt and Israel. Check the map! Egypt has a lllllooooonnngggg border with Gaza. True or false?  &gt; The local Arabs can have a \"\"Palestine\"\" for themselves already in 1948 (if they agreed to the UN partition plan) or 1967 after they were liberated by Israel. Israel has only one condition, in 1948 and in 1967, for a \"\"Palestine\"\": that \"\"Palestine\"\" needs to be a nice neighbor to Israel. They don't want to be nice, so no \"\"Palestine\"\" until they grow up. True or false?\""}
{"_id": "562113", "title": "", "text": "\"Certain brokers allow for hidden orders to be placed in the market. It is as simple as that. Refer to Interactive Brokers as one example. If you press on the \"\" i \"\" next to \"\"Hidden\"\" you will get the following description.  Some brokers may represent the hidden orders by an * next to the price level. Sometimes large orders are place as these hidden orders to avoid large movements in the stock price (especially if the stock is illiquid as per your observation).\""}
{"_id": "562121", "title": "", "text": "Banks calculate the total they can present to you chiefly on your net review earnings. They get into explanation their preceding experience and your present track record which would point to whether you have taken any other loan or you have had a awful credit history and effects like your investments history and your existing investments before making a choice as to how much they will lend to you."}
{"_id": "562135", "title": "", "text": "Once an animal is given antibiotics, for any reason, it will no longer qualify as organic under USDA guidelines. So organic farmers may use antibiotics on an animal, but then they can't sell that meat to Chipotle, or label it as organic."}
{"_id": "562137", "title": "", "text": "Sensationalist much? The economy has picked back up, people are optimistic about the future, more secure with their jobs, and thus debts of all sorts should be increasing. The question is how much can be handled before collapse? Well, from this article's own admission default rates and delinquencies are at historic lows. The 1t in debt means nothing without the context."}
{"_id": "562162", "title": "", "text": "Maintaining a healthy and hygienic routine during those down days is a core accountability of every girl out there. It will not only allow you to move freely and give you the feeling of security but also will create a good impression to the people around you."}
{"_id": "562166", "title": "", "text": "You should be able to refinance the vehicle and have the financing in just your name (assuming you can secure the financing). Since you are already on the vehicle registration, this would not constitute a sale, and thus would not incur additional sales tax.  To remove the other person from the vehicle registration, leaving you as the sole registered owner, in the state of New York, you only need to file an MV-82. It will cost you $3. https://dmv.ny.gov/registration/register-vehicle-more-one-owner-or-registrant"}
{"_id": "562171", "title": "", "text": "&gt;  I would have to spend at least a few more years in school rather than a single semester to get a comp sci major instead of the minor.  Exactly. And the benefits are priced appropriately. As in, you will get it off a minor about what you put in - not much."}
{"_id": "562176", "title": "", "text": "The difference between a hobby and a business is income. Yes, every country I know of allows you to do something as a hobby until it becomes profitable and then change it into a business once it becomes likely to turn a profit. There's usually a limit in terms of how much profit or revenue you can make before it must be declared as business. I'm sure someone else will mention the exact numbers for the UK."}
{"_id": "562191", "title": "", "text": "\"The elephant in the room is the research. From the article it seems to conclude that the majority of the research happened in the US, but Microsoft is claiming it happened overseas.  From what I've seen a lot of *initial* research does happen in Microsoft international offices, all further development to bring it to market might be done in the US but the idea sprung elsewhere.   From a taxation perspective you can argue that the patent was invented offshore and profits should be allocated there, or you can argue that it was the US development investment that made it profitable and so profits should be allocated in the US. Both are right - and this makes the US so interesting to invest in.   If you invest in the US and then license offshore to sell back to a US entity - thats just exploiting a loophole. If it was invented offshore, thats what the laws are trying to protect.   Personally I think Microsoft is doing pretty well here, like the demo of translations from chinese sign language to english - MSR Asia invented it, but it will be US teams transform it to a feature that derives income. Where should it be taxed if it does become a real product? How many other areas of Windows, Visual Studio, Office, Azure were \"\"invented\"\" by non-US teams and should also be taxed offshore?\""}
{"_id": "562192", "title": "", "text": "They are only introducing downward pressure on prices to drive competition out of business.  Prime operates at a loss.  They've been vocal about this strategy: they plan to corner the ecommerce market, push competition out of business and then they'll inevitably raise prices."}
{"_id": "562194", "title": "", "text": "\"Chase allows you to take a picture of checks and deposit into your accounts (free for personal checking customers) works on iPhone + android Obviously, they have bill payment. You can ACH money to/from YOUR accounts at other banks. You get the benefit of finding a branch in many cities around the world. As for \"\"web interface that doesn't suck\"\", well... that's kinda personal. I think  it's not too bad.\""}
{"_id": "562199", "title": "", "text": "Tidist, actually.  Millions of people in Bangladesh live less than three meters above sea level, and tides are rising.  Africa, too, but not so drastically.  *(By the way, not that it matters, but I was upvoting your prior comments)*"}
{"_id": "562201", "title": "", "text": "Ballmer appears to be way out of his depth at everything except maintaining key personal relationships, but I don't think anyone could have competed with Amazon, Apple or Google. They had very clear primary goals, and are driven by highly motivated and uniquely skilled people.  Still, Ballmer shouldn't be given a pass for all the own-goals, which all come back to MS culture, and a lack of vision and leadership."}
{"_id": "562205", "title": "", "text": "\"Wrong. Between Ford (1914) and FDR's Fair Labor Standards Act (1938) the middle class formed. Unions forming from textile plants pushed for what became the FLSA. The middle class didn't exist in any society prior to this. Unions pushed for the things that made modern society possible. The right has been conned into wanting to dismantle all of that even though the only people who would benefit are the top 1%. This is why the rest of us call you dupes or dummies.  Edit: A \"\"slow down\"\" is no shortage. You said it generally as well. There's no overall housing shortage.\""}
{"_id": "562211", "title": "", "text": "\"The truly fun part is that it's actually illegal for me to work more than I bill - it raises issues of liability, workman's comp, employment taxes, etc.   I've gone back and forth over fifteen years, but I am *done* with salaried work. Unless you're an executive with piles of stock options or in sales, \"\"salary\"\" just means \"\"please do lots of work for us for free.\"\"\""}
{"_id": "562220", "title": "", "text": "A value of zero or a negative value makes the percent change meaningless. Saying 100% when going from 0 to some other value is simply wrong. I have seen a similar situation several times when looking at a public company with a loss last quarter. On Google Finance or some other service, the PE ratio will be blank, N/A, or something like that. If the company does not currently have earnings, then the PE ratio is meaningless. Likewise, if the company previously did not have earnings, then the percent change of the earnings is meaningless. Also consider the example where the previous value was negative. If the previous value was negative 1 and the current value is positive 99, then this happens: A negative change? But the value went up! Obviously that value does not make sense and should not be shown."}
{"_id": "562231", "title": "", "text": "Beth Schiffer\u2018s labs offers hourly and daily Espon rental in NYC. This service is offered in a different location where you can easily print based on your requirements. This is a perfect alternative to the high cost of Ink Jet (Geclee\u2019) printing.  You can easily get large prints in less time and you can also view and correct test prints before they get printed and our technician will be there to assist you."}
{"_id": "562234", "title": "", "text": "Thanks for the TL;DR. That article was definitely TL and if they want to rally people to their cause they really should distill that down to the basics. It sounds like a worthy cause and I'm trying to get on their side but really if then can't state their case more succinctly than that they're going to lose readership and support."}
{"_id": "562238", "title": "", "text": "The P/E ratio is a measure of historic (the previous financial year) earnings against the current share price. If the P/E is high, this means that the market perceives a big increase in future earnings per share.  In other words, the perception is that this is a fast growing company.  Higher earnings may also equate to big increases in dividends and rapid expansion.  On the other hand, if the P/E is low, then there is a perception that either earnings per share are decreasing or that future growth in earnings is negligible.  In other words, low P/E equates to a perception of low future growth and therefore low prospects for future payout increases - possibly even decreases. The market is (rightly) usually willing to pay a premium for fast growing companies."}
{"_id": "562244", "title": "", "text": "We are Bethlehem, PA\u2019s professional pest extermination service company, specializing in pest control and extermination including bed bug, rodents, insects and more. For more than 23 years, we at Bethlehem Pest Control have been specializing in extermination services and have never failed. Our trained exterminators are well informed about each pest that we work with, which ensures a quick, safe and effective service every time.Our pest exterminators will work with you to develop an integrated pest management strategy that will exterminate the pest intruders at the lowest possible cost, while using the safest solution for your property. Call us on (610) 865-4088 for more information."}
{"_id": "562259", "title": "", "text": "There are several Excel spreadsheets for downloading stock quotes (from Yahoo Finance), and historical exchange rates at http://investexcel.net/financial-web-services-kb"}
{"_id": "562282", "title": "", "text": "This is normal with the dealer's financing.  To add more details to littleadv's answer, what happens is when you get the financing through the dealer, at first, they will try to do the loan on your behalf with local banks in your area. This is why you see several hard inquiries; one from each back. If none of these banks wants to take the loan, then dealer's financing entity will take the loan. This was my exact experience with Hyundai. In addition, don't get surprise if you start receiving letters saying that your loan was rejected. The dealer will send the loan requests simultaneously, and some of the banks might deny the loan. This also happened to me, and I have been owning my car for around a year. Still, make sure that the letters matches with the credit inquiries."}
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{"_id": "562300", "title": "", "text": "Don't borrow money to buy a car. That is just stupid.  People who save, then buy what they want, spend a very much larger amount of money over their lifetime, compared to a person with the exact same income, who borrows to buy things.  The only difference between the two, is the time it takes to save up that first amount of money. After that there is no difference, except the savers spend a shit-ton more money, and get better stuff."}
{"_id": "562305", "title": "", "text": "\"The goal of the single-fund with a retirement date is that they do the rebalancing for you.   They have some set of magic ratios (specific to each fund) that go something like this: Note: I completely made up those numbers and asset mix. When you invest in the \"\"Mutual-Fund Super Account 2025 fund\"\" you get the benefit that in 2015 (10 years until retirement) they automatically change your asset mix and when you hit 2025, they do it again.   You can replace the functionality by being on top of your rebalancing. That being said, I don't think you need to exactly match the fund choices they provide, just research asset allocation strategies and remember to adjust them as you get closer to retirement.\""}
{"_id": "562325", "title": "", "text": "Large and well-known companies are typically a good starting point. That doesn't mean that they are the best or even above average good, but at least they don't cheat you and run with your money. A core point is someone you pay, not the company whose investment he sell you. Although the latter seems cheaper on first glance, it isn't - if you pay him, his interest is to do good work for you; if they pay him, his interest is to sell you the product with the highest payment for him. That does not imply that they are all that way; it's just a risk. There are many good advisers that live from commissions, and still don't recommend you bad investments. Depending on the amounts, you could also read up a bit and open an account with a online investment company. It is discussable, but I think the cost for an adviser only starts to become worth it if you are deep into 5 digits of money."}
{"_id": "562333", "title": "", "text": "Are you fucking kidding me?   You lack common sense and to be honest,  I have never have read anything so ridiculous.   You are saying that despite the fact that it is not only safer for pedestrians to use a consistent and well known area to walk,  specifically made and designated for pedestrians,  the US should just allow random chaos and let the streets be wildly unpredictable and open up every driver on the road to crippling lawsuits.    I can think of many reasons of why you lack any sort of logic,  but I just don't have the time to pick apart why this is the worst comment I have ever read on reddit."}
{"_id": "562336", "title": "", "text": "\"BEFORE you invest in a house, make sure you account for all the returns, risks and costs, and compare them to returns, risks and costs of other investments. If you invest 20% of a house's value in another investment, you would also expect a return. You also probably will not have the cost interest for the balance (80% of ???). I have heard people say \"\"If I have a rental property, I'm just throwing away money - I'll have nothing at the end\"\" - if you get an interest-only loan, the same will apply, if you pay off your mortgage, you're paying a lot more - you could save/invest the extra, and then you WILL have something at the end (+interest). If you want to compare renting and owning, count the interest against the rental incoming against lost revenue (for however much actual money you've invested so far) + interest.  I've done the sums here (renting vs. owning, which IS slightly different - e.g. my house will never be empty, I pay extra if I want a different house/location). Not counting for the up-front costs (real estate, mortgage establishment etc), and not accounting for house price fluctuations, I get about the same \"\"return\"\" on buying as investing at the bank. Houses do, of course, fluctuate, both up and down (risk!), usually up in the long term. On the other hand, many people do lose out big time - some friends of mine invested when the market was high (everyone was investing in houses), they paid off as much as they could, then the price dropped, and they panicked and sold for even less than they bought for. The same applies if, in your example, house prices drop too much, so you owe more than the house is worth - the bank may force you to sell (or offer your own house as collateral). Don't forget about the hidden costs - lawn mowing and snow shoveling were mentioned, insurance, maintenance, etc - and risks like fluctuating rental prices, bad tenants, tenants moving on (loss of incoming, cleaning expenses, tidying up the place etc)....\""}
{"_id": "562349", "title": "", "text": "I just applied to a position very similar if not the same as the one you mentioned. If given an interview I would want to know what to expect. I previously interned at Morgan Stanley. This new company is much smaller.  Is there any advice you could give me?"}
{"_id": "562352", "title": "", "text": "What is more practical for Finance, R or Python? I understand committing time to Python will mean I have a language that is versatile and useable across multiple areas of a business, and will give me skill that is alternative to finance, but is it a bit impractical if I don't ever see myself needing to develop software and would rather focus on data analysis which R is great for?  Edit: Also, I have done introductory R programming in university (It was a 1 semester course so not extensive). So it would be less time committed."}
{"_id": "562353", "title": "", "text": "Yeah. CEOs that make $1/year aren't doing it as a labor of love. It's because they'd exceed a threshold (I think it's around $75k salary) that makes their capital gains taxes jump.  If they have a significant amount of money invested it costs them far more in taxes than their salary would otherwise be worth."}
{"_id": "562368", "title": "", "text": "\"Taxable fringe benefits are included in taxable wages for the purpose of FLSA. So when those executives get to use company cars or company jets that value is \"\"wage\"\" even if it isn't salary.\""}
{"_id": "562378", "title": "", "text": "The number that really matters in this situation is your age of your longest account. Opening a new account is a good idea, but closing an old one may have an impact on your score if you have no other active accounts. If you have another card, or an overdraft line of credit or a car loan that is 4 or 5 years old, you won't see a big impact. I'd suggest calling the card company and asking them to waive the fee. They usually will. In the meantime, I would recommending having one card from each of the major networks. (MC, Visa, Discover, Amex) so you don't run into this again. Just don't open them all at once."}
{"_id": "562380", "title": "", "text": "The first thing I did when I read this was compute how many people on just those two bus lines traveled on a yearly basis. It computes to about 0.02% chance of death when traveling by bus. Which is exactly the same as what the National Safety Council says your one-year odds of dying in a car accident is (1:6500)  Can we question the safety of our cars too?"}
{"_id": "562386", "title": "", "text": "This sounds a lot like numerous small-scale development efforts. They may work on some level, but rarely have an impact on the most significant cause of poor development -- corrupt politics.  In the end it will likely benefit a few people, and provide data for economists to pore over. Which is worth something, I suppose."}
{"_id": "562389", "title": "", "text": "&gt;But how often can you really do this?  Any time I'm at home and not watching with a big group, because no one I know texts me about sports.  If I have friends over I'll let it play in real time because the commercials give people a chance to talk about whatever is going on in the game without interrupting the action."}
{"_id": "562399", "title": "", "text": "\"For some states they give you a tax break when you make a deposit into the accounts.  The 11 year old is still 11 years away from college graduation, so the growth can be significant. The 15 year old will have most of their funds in safe investments to avoid a big drop just as the they need the money. many view the automatic adjustment in risk a benefit since if this wasn't in a \"\"529\"\" plan you would have tax issues when selling the investments during the shift.\""}
{"_id": "562400", "title": "", "text": "Is the VAT scam still on the go? I was under the impression that amazon have to pay vat according to the country the items are shipped to, not shipped from? It will be a complete fuck up on the part of our politicians if this loophole has not been closed yet."}
{"_id": "562403", "title": "", "text": "\"Wiki's not entirely accurate.    My conspiracy theorist answer is because the Fed is not a government entity, it gives them increased flexibility with decreased transparency and the ability to do what is necessary to keep the currency/economy afloat under the fiat money system.  A good book I found on this is Ron Paul's \"\"End the Fed\"\".\""}
{"_id": "562412", "title": "", "text": "According to Money Girl, home insurance premiums are higher if you have a poor credit score. You might self-insure though if you are wealthy."}
{"_id": "562458", "title": "", "text": "It is possible but unlikely. Securities firms would prefer never to settle externally; rather, they prefer to wait until the liabilities can be netted.  They are forced to make and take payment in three business days. The reason why is because settlement is costly in the same way as any other business would prefer to build trade credit instead of taking or making payment rapidly. The only circumstance where a financial firm would wish to take full delivery is when a counterparty is no longer trusted to be solvent."}
{"_id": "562463", "title": "", "text": "I would guess that before the spin-off, more money would be available In my experience the reverse is true. The finance folks go into overdrive tightening everything up so that budget forecasts for the transition period are as accurate and predictable as possible. This can be true 6 months out, 12 months out, etc - depending on the size and complexity of the business. So in terms of when to renegotiate, I think approaching the issue after the dust has settled is more realistic. Make sure you know your numbers as per normal and just remember that after the spin-off has occurred it's a business like any other business: if you are in position to negotiate (and reasonably expect) a raise then the fact that they spun off recently - a month or two before - is meaningless to the negotiation."}
{"_id": "562473", "title": "", "text": "So the former CEO of American Airlines thinks employees shouldn't ever expect to do better than their competitors' employees and that it's their job to sit down and shut up while executives do whatever they think is best. Somehow I imagine the pilots are less than convinced by that line of reasoning."}
{"_id": "562481", "title": "", "text": "No, the reinvestment is done as a courtesy. Consider, one can have, say, 100 shares of a $50 stock. A 2% dividend is $100/yr or $25/quarter. It would be a pretty bad deal if brokers charged you even $5 for that trade. When cap gains and dividends are grouped as you suggest, it refers to Mutual Funds. My funds will have a year end dividend and cap gain distribution. In a non-retirement account, one has to pay the tax due, and be sure to add this to your cost basis, as it's money you are effectively adding to your account. It does not mean cap gain the same as when you sell your shares of Apple for a huge gain.  Those check boxes seem to offer you a chance to put all your holding on the same reinvestment plan for div/cap gain. You should also be able to choose one by one what you'd like to do."}
{"_id": "562485", "title": "", "text": "Maximize the usability of your business card. You're not limited to only the front of your business cards. Use the back of your card for more information. Keep in mind that individuals frequently compose on business cards, so abandoning some blank area on the card back, it\u2019s basically a good idea. We provide the best quality business cards Gainesville fl. We provide the services you, everyone who sees your card knows what provide."}
{"_id": "562489", "title": "", "text": "\"Your decision about which of these investments to make is going to depend on how long you expect to leave the money in the account. For example, based on the figures you give us, if you think you are going to want to withdraw the money in three months or less then you should chose the savings account.  For ten months or more you should choose the Fixed Deposit. (As Michael Kjorling says, \"\"flexible to withdraw at any time\"\" does not mean you won't pay penalties for withdrawing early that's why you shouldn't choose the longer term deposits if you want to withdraw earlier). That's the simplest approach. The trouble of course is that you don't necessarily know how long you are going to leave the money in. If you are saving for a house, and you know you won't want to buy in the next year, the 12 month deposit looks good. But what if your car suddenly needs repairs? You would have to withdraw that money early and pay the penalties, and it turns out you would have been better of putting it in the savings account. A good approach is:\""}
{"_id": "562495", "title": "", "text": "\"You're definitely not the first to pose this question.  During the peak of the housing crisis I noticed a decent amount of very high dollar properties get abandoned to their fates.  Individuals who can afford the mortgage on a 5 million dollar home don't necessarily need their credit to survive so it made more sense to let the asset (now a liability) go and take the hit on their credit for a few years. Unsecured debt, as mentioned is a little trickier because its backed by default by your personal estate.  If the creditor is active they will sue you and likely win unless there are issues with their paperwork.   Thing is though, you might escape some impacts of the debt to your credit rating and you might not \"\"need\"\" credit, but if you were to act as a wealthy person and not \"\"new money\"\" you would observe the significant value of using credit. credit allows you to leverage your wealth and expand the capacity of your money to import your overall wealth picture.  It may prove best to learn that and then make more wealth on your winnings than take the short sighted approach and welch on the debt.\""}
{"_id": "562510", "title": "", "text": "&gt; Get them into coding and they will never need a degree. I'm 20 years old in college and I strongly believe that is where it is all going  Don't you think that you should at least get your first job before declaring how the industry works?"}
{"_id": "562511", "title": "", "text": "Slightly off topic... Not merchandise, but I paid for various doctor's appointments with cash (as opposed to paying with health insurance).  I'd call ahead of time and notify them that I'd be paying in cash.  I got ridiculous discounts, sometimes even less than the copay.  I do not know why this discrepancy exists and I didn't want to ask for fear of messing up a good thing."}
{"_id": "562526", "title": "", "text": "Some governments offer business information search for corporations in their jurisdiction.  The search results may show the director information for the company.  If this information is made publicly available, keep in mind there are websites that make money from indexing publicly available information to show in Google search results. I don't mean to scare you as this is a likely a slim possibility. It really depends on the privacy practices in place at the jurisdiction you're in. But do keep in mind if you're planning on doing business on the side for a few years policies may change. I would call Service Ontario (or whichever province you're incorporating in) or Corporations Canada if federally incorporating and ask them if they offer a business search service and exactly what information they make public. You might be able to reach a Privacy Officer and find out what exactly their policy is."}
{"_id": "562530", "title": "", "text": "Its much less likely for that to happen now as it was 20 or 30 years ago.  See [the link I just posted](http://ideas.repec.org/p/iza/izadps/dp1938.html). The positions of Europe and the US have to some degree reversed. Looking at the bright side for wealthy people, the US is a good place for wealthy people to live because the chance of them getting poorer than their parents is substantially lower than in other countries.   On the other hand, if you are poor, you have a better chance of moving to a higher income bracket in most Western European countries than you do in the US. Of course as recently as the 80s, the situation was reversed and it could easily reverse again.   The statistics in the US are much better if you are an immigrant, For some reason, this income stratification doesn't seem to hold as true for immigrant families as it does for American families that have been here for several generations."}
{"_id": "562535", "title": "", "text": "\"The faster they eliminate menial jobs the sooner we can start retraining our workforce for a modern economy.  You contradict reality. The study says, \"\"Traditionally, a high proportion of workers in the low-wage market are not experienced at all: teens with their first jobs, immigrants with their first jobs here,\u201d he said. \u201cData is pointing to: Since we have to pay more, employers are looking for people with **experience who can do the job from Day 1**.\u201d\"\"  How many low-level jobs do we see require multiple years of experience now days? This is a problem of raising the minimum wage. \"\"Jobs\"\" is a worthy cry. Because right now, the job is being eliminated. So you have teens and immigrants getting NO income, which is somehow better than a little income? Teens don't need a \"\"livable wage\"\" and adults who do can get subsidies from the government WHILE they gain experience and work up to higher pay. NO JOB means no way to get either of those.\""}
{"_id": "562555", "title": "", "text": "What bogus, what it does in years to come doesn't disqualify changes in the years gone by.   Have been problematic for generations? Real income hasn't grown since 1968 in the US, with inflation in prices of goods and assets far outpacing it. Things are absolutely different between generations.   My job supports me just fine housing included, maybe that allows an objective look at things for people other than myself, whereas ironically you choose to be a morally superior cunt about it. What benefit to society does that have?   Have a link to your data? Although I can tell by your post you care more about being a dick about this."}
{"_id": "562558", "title": "", "text": "It sounds like you are doing great.  A couple points: You really need to crunch the numbers such as how high is rent in your area, and of course home prices. Home price gains are not a given. It will depend on many factors such as the job market in your area, crime, schools, how long you stay put,..etc.  If you take the standard/non-itemized tax deduction you might not save at tax time if you don't pay enough interest. Your decision to have automatic deductions from your checks was spot on; it is human nature to spend every nickle. Also, money in a savings account won't keep up with inflation. It will slowly degrade; you will want other investments.  -Good luck"}
{"_id": "562564", "title": "", "text": "Edwards RV pumps have become the industry standard for scientific primary pumping applications. RV pumps are uniquely capable of delivering high or low throughputs with high ultimate vacuum. This, combined with ultra-low noise levels, makes them ideal for a wide range of applications including GCMS and other small bench top type applications."}
{"_id": "562580", "title": "", "text": "\"This happened to a Chinese based company that I work with.    All the Chinese folks acted like it was nothing and they just got a new CEO.  But when talking to the American higher ups (who we've known for decades) they quietly informed us that the Chinese government had taken him, citing that he had become to \"\"westernized\"\".\""}
{"_id": "562584", "title": "", "text": "I feel the change should not be to remove the stigma from personal default. It should be to add it, in very large amounts, to corporate default. Every member of a defaulting corporation should be ashamed to be seen in public. The have let their culture down and should be mortified.  So if you defaulted on your mortgage, yeah, that's not great. If you're Donald Trump, that filed 11 a couple times, he can go fuck himself."}
{"_id": "562585", "title": "", "text": "It sounds like you've found a decent bank. I suspect some may not realize they don't have to bank with the big 8 (or however many there are).  Once enough people start moving their money elsewhere the banks will begin to wake up and change their behavior."}
{"_id": "562609", "title": "", "text": "Why don't you use the title of the actual article in regards to the housing crisis rather than the entire recession?  True the govt did push affordable mortgages in the good times and the bubble popped, but they didn't force &gt;50:1 leveraging against those mortgages."}
{"_id": "562612", "title": "", "text": "\"If someone gains access to these data, he could use social engineering approach to impersonate you - i.e. call the American Express and ask tell he he is you and he lost the access to the account and he needs the access to be reset and sent to certain email, and if they doubt it's you he would send them the statement data, even on company letterhead (which he would be able to fake since he has the data from the statements, and AE has no idea how the authentic letterhead looks like). He could also do the opposite trick - like calling your assistant or even yourself and saying something like \"\"I'm from American Express, calling about the transaction at this-and-this date and this-and-this time, this amount, please confirm you are {your name} and your address is {your address}, I need to confirm something\"\" - which would make it appear as he is really from AE since he knows all these details - and then ask you some detail he's missing \"\"for security\"\" - like your birth date or last digits of SSID or anything like that - and then use these details to impersonate you to AE.  So putting all this info together where it can be accessed by strangers does have risks. It may not work out if both you and AE personnel are vigilant and follow instructions to the letter, but we know it not always so.\""}
{"_id": "562620", "title": "", "text": "Libraries pay the author for the books.  Also, before Internet distribution, people would buy books, regardless of whether it was in a library or not.  Going forward, if a book is available for free on the internet, why would you go buy it?  What incentive would the author have to keep writing?  I'd hate to see Malcolm Gladwell &amp; Seth Godin stop writing because they couldn't afford to anymore."}
{"_id": "562632", "title": "", "text": "Yes, I am in the USA and almost 90% of our sales (orders) come via EDI, and thus 90% of outbound invoices.  But to setup EDI for an inbound EDI invoices with one supplier for 2 invoices per month is ridiculous."}
{"_id": "562657", "title": "", "text": "\"I'll make this short so you can understand it.  1 - \"\"Financialization\"\" is not a word or a real concept.  2 - Real wage stagnation is a problem, but its causes are much more subtle (and less conspiratorial) than you think.  3 - The auto companies are not trying to skirt their legal obligations. Rather, they're offering to pay people out NOW rather than in small amounts for the rest of time. It's a voluntary arrangement that people can opt into.\""}
{"_id": "562671", "title": "", "text": "My dad runs an AV labor company (trade show setups etc) and his insurance company called him as they were finalizing his workers comp. They asked when he was submitting all of his employees drug screenings. My dad laughed at them and said he would not be submitting any. They told him his premium would be higher to which my dad replied that if he drug tested, he would have 4 people working for him and thus wouldn't even have a business - just send the bill."}
{"_id": "562685", "title": "", "text": "If your worried about fitting in (which will be less of a concern as an intern) try to talk with the interviewers about what THEY enjoy, like about the company, hobbies, etc. One job interview for example I spent nearly the entire time talking about the HR managers son who was in the NFL. Or if they like hiking, biking, aircraft...whatever. They need to like you to hire you. Good luck!"}
{"_id": "562753", "title": "", "text": "I've worked extensively overseas and I can say America is one of the most miserable places I have lived. But, it isn't even the poor, but the middle and upper middle class who are the most miserable - always thinking they are just about to turn the financial corner, trying to keep up with their in-debt neighbors, and never socializing. I wish it was mandatory for Americans to live overseas for a year or two."}
{"_id": "562769", "title": "", "text": "But nothing was stolen. Americans voted and according to the rules Trump won. Americans cast their ballots.  Now Trump very clearly worked with a foreign power to obtain that outcome, so hang him for *that*. But hanging Trump for being a cheating law-breaking scumbag does NOT mean Clinton won the election.  Sorry, she lost. If we go down this road that the election is overturned because the silly voters were hoodwinked (and you need to trust someone to tell you that), that will be the argument for overturning every lost election from here on to the end of the world.  Foreign actors interfere in other nation's elections all of the time. Good luck stopping that in today's internet-driven world."}
{"_id": "562776", "title": "", "text": "I would at least encrypt the part of the drive you keep forms like that, but not to protect myself from the odd villain who works for the IRS.   Your broker does report your capital gains to the IRS, whether in sales or dividends.   I received a bill last month from the IRS for dividends I forgot to report on my 2013 return. The bill contained a partial duplicate of my 1099-DIV form from the brokerage, and included account numbers and SSN. Therefore it's safe to say IRS employees don't need to hack your laptop in order to get that info. :) As for minimum information, it depends on your broker. Call them and ask; they'll tell you everything you need to know.  Vanguard, for example, has some security questions, among other things."}
{"_id": "562777", "title": "", "text": "There is no law that requires you to have a separate bank account for your business, or to pay all expenses from a business bank account. It is a GOOD IDEA to have a separate bank account and pay all business expenses from that account and all personal expenses from your personal account, because that makes sorting out what is what much simpler, both in case of an audit and for your own accounting. Whether a particular expenditure is a deductible business expense has nothing to do with what account you pay it from. If you pay advertising expenses for your business from your personal account, that's still (almost certainly) a deductible business expense. If you buy groceries from your business account, that's almost certainly not a deductible business expense. In your case, there are all kinds of rules about when and how much travel is deductible."}
{"_id": "562780", "title": "", "text": "Yes, absolutely she can. I come across small businesses from sole props to corps and llc who have their spouses employed. One thing to note is that the business won't need Workers Comp insurance if you're the only employee, if you hire anyone else you will need it."}
{"_id": "562784", "title": "", "text": "Source? I have seen success stories constantly, and the company has donated tens of thousands of dollars of product to employees who lost homes in the recent disasters. And thats only a small part of how Amazon treats their employees. A simple google search would reveal even more, including details on the tuition assistance and employee assistance programs which Amazon spends millions to run."}
{"_id": "562793", "title": "", "text": "\"You can, but it doesn't mean you should. You don't actually \"\"withdraw cash\"\", the bank gives you a cash loan (called a \"\"cash advance\"\") on your card. It will be at very high interest (higher even than your credit card), and they'll also slap you with a bunch of flat fees. Also not all ATMs support it. Better to just carry cash.\""}
{"_id": "562798", "title": "", "text": "Check your local better business bureau. They can tell you who is in business, who's bonded, and who has had a lot of complaints levied against them for shoddy practices."}
{"_id": "562802", "title": "", "text": "If it is a business loan, the borrower would be able to claim a deduction for any interest paid on the loan and the lender would include the interest earned as part of their taxable income. You need to be careful on what you do and don't include as income. If the repayments made to you by the borrower in a year is $10,000 but only $8,000 of that is interest and the other $2,000 is part of the principal being returned to the lender, then you would only claim $8,000 as your income and the borrower would only claim $8,000 as a business deduction. Of course if it is interest only, then you and the borrower would use the full $10,000."}
{"_id": "562820", "title": "", "text": "There is also babysitting, dog walking and house sitting.  Depending on their age of course. You should also investigate what is required to get them the ability to setup their own Roth IRA.  I know one of the requirements is you can't put more into the Roth then was earned in income in the year.  They might also have to file an income tax return (not sure about that one).  Just think of how far ahead of the game they will be if they can get a couple of grand or more in a Roth account while in their early teens."}
{"_id": "562847", "title": "", "text": "\"The comments section to Dilip's reply is overflowing.  First - the OP (Graphth) is correct in that credit scoring has become a game. A series of data points that predicts default probability, but of course, offers little chance to explain why you applied for 3 loans (all refinancing to save money on home or rentals) got new credit cards (to get better rewards) and have your average time with accounts drop like a rock (well, I canceled the old cards).  The data doesn't dig that deep.  To discuss the \"\"Spend More With Plastic?\"\" phenomenon - I have no skin in the game, I don't sell credit card services. So if the answer is yes, you spend more with cards, I'll accept that. Here's my issue - The studies are all contrived. Give college students $10 cash and $10 gift cards and send them into the cafeteria. Cute, but it produces no meaningful data. I can tell you that when I give my 13yr old $20 cash, it gets spent very wisely. A $20 Starbucks card, and she's treating friends and family to lattes. No study needed, the result is immediate and obvious. Any study worth looking at would first separate the population into two groups, those who pay in full each month and those who carry a balance. Then these two groups would need to be subdivided to study their behavior if they went all cash. Not a simply survey, and not cheap to get a study of the number of people you need for meaningful data. I've read quotes where The David claimed that card users spend 10% more than cash users. While I accept that Graphth's concern is valid, that he may spend more with cards than cash, there is no study (that I can find) which correlates to a percentage result as all studies appear to be contrived with small amounts to spend.  As far as playing the game goes - I can charge gas, my cable bill, and a few other things whose dollar amounts can't change regardless. (Unless you're convinced I'll gas up and go joy-riding) Last - I'd love to see any link in the comments to a meaningful study. Quotes where conclusions are stated but no data or methodology don't add much to the discussion.  Edit - Do You Spend More with Cash or Credit? is an article by a fellow Personal Finance Blogger. His conclusion is subjective of course, but along the same path that I'm on with this analysis.\""}
{"_id": "562849", "title": "", "text": "&gt;*The protracted and uneven recovery from the Great Recession has led most Americans to conclude that the U.S. economy has undergone a permanent change for the worse, according to a new national study at Rutgers. Seven in 10 now say the recession\u2019s impact is permanent, up from half in 2009 when the recession officially ended, according to the John J. Heldrich Center for Workforce Development.*  &gt;*Among key findings in \u201cUnhappy, Worried and Pessimistic: Americans in the Aftermath of the Great Recession,\u201d the center\u2019s latest Work Trends report, are:*  &gt;*Despite sustained job growth and lower levels of employment, most Americans do not think the economy has improved in the last year or that it will in the next.* &gt;*Just one in six Americans believe that job opportunities for the next generation will be better than for theirs; five years ago, four in 10 held that view.* &gt;*Roughly four in five Americans have little or no confidence that the federal government will make progress on the nation\u2019s most important problems over the next year.*  &gt;*Much of the pessimism is rooted in direct experience, according to Heldrich Center Director and Professor Carl Van Horn, co-author of the report.*  &gt;*\u201cFully one-quarter of the public says there has been a major decline in their quality of life owing to the recession, and 42 percent say they have less in salary and savings than when the recession began,\u201d Van Horn said. \u201cDespite five years of recovery, sustained job growth and reductions in the number of unemployed workers, Americans are not convinced the economy is improving.*  Cross-post from /r/MAConservative"}
{"_id": "562873", "title": "", "text": "I can say with 99% certainty that you are a consultant of some kind. Am I correct? You are using the same arguments as my consultant friends trying to tell me that this research is too vague and open.   I appreciate your your viewpoint, but you too are aware of many CEO's that operate in markets for us financially mortal people. Ryan O'Leary (Ryanair), Oprah Winfrey (magazine/tv-show), Richard Branson (any Virgin service).  I agree that most people will not know who the CEO is in most instances is. But I don't buy your argument that it has to be in the multi $1,000's for people to know the CEO. Look at Anita Roddick (Body Shop). That is why I want to explore this particular field. Regardless of who the CEO is, I want to see if the CEO's displayed behaviour will affect a consumer in his/hers decision making process."}
{"_id": "562879", "title": "", "text": "Supplier of Quartz Powder in India best price http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php Quartz Powder is the most bountiful and most common mineral on the Earth that\u2019s why it has so many applications. Our minerals find their extensive usage in glass, cement, steel and other allied industries. Quartz is used in a large number of Circuits for Consumer Electronics Products such as computers, mobile phones etc Heat-Ray Lamps, Prism, and Spectrum Graphic Lenses, Paints, Ceramics, Detergent Powder, Electrodes, and in Water Softening."}
{"_id": "562896", "title": "", "text": "You must understand that not everyone has or can get credit cards. Consider that those who are in the the lowest 20-30% of income tend to have fewer credit cards (or none), and lower credit debt, although some have quite high credit card debt relative to their income.  So you really aren't comparing the same demographics (the population of all income earners, used to calculate average income, and the population of all credit card debt holders, are not the same groups of people). Once you remove those folks from consideration, then credit card usage may still average higher, but accept that it is unusual for people making less than $20K-30K/year to have much credit card debt. You must understand that wealth and income are two very different (although related) concepts. One must note that there are millions of people in the U.S. who have wealth; they have net assets of over $1M (excluding their homes). Many of those folks have assets greatly exceeding $1M. And although it might seem foolish to carry a large balance on their credit cards, they may have quite low interest rates, and simply find it simpler and more convenient to use credit cards in lieu of personal loans.  Suppose you have $2M in net assets, and want to buy a classic car or a diamond necklace.  Charging $30K and carrying the balance until a dividend check arrives may make sense. Understand also that not everyone makes the same choices, or good choices. Carrying a credit card balance may appear like a poor choice, especially when you are not wealthy, or have lower income. But suppose you have a high credit limit across several cards, and you need to handle a short-term financial challenge (car repair, layoff, medical bills, etc).  You might use the credit card to pay for that purchase, essentially financing an extraordinary event over a longer period of time.  And although having a balance of more than 5-10% of your monthly income may seem foolish to some, it may make sense to others. And some people choose to carry balances of 50% to 100% of their credit limit.  Others realize that keeping their credit utilization below 30%, 20%, or 10% of the credit limit is a better plan (both interest rate and risk wise)."}
{"_id": "562904", "title": "", "text": "From the instructions: If you do not need to make any adjustments to the basis or type of   gain or loss (short-term or long-term) reported to you on Form 1099-B   (or substitute statement) or to your gain or loss for any transactions   for which basis has been reported to the IRS (normally reported on   Form 8949 with box A checked), you do not have to include those   transactions on Form 8949. Instead, you can report summary information   for those transactions directly on Schedule D. For more information,   see Exception 1, later. However, in case of ESPP and RSU, it is likely that you actually do need to make adjustments. Since 2014, brokers are no longer required to track basis for these, so you better check that the calculations are correct. If the numbers are right and you just summarized instead of reporting each on a separate line, its probably not an issue. As long as the gains reported are correct, no-one will waste their time on you. If you missed several thousand dollars because of incorrect calculations, some might think you were intentionally trying to hide something by aggregating and may come after you."}
{"_id": "562919", "title": "", "text": "Let's simplify things by assuming you only own 2 stocks. By owning VOO and VTI, you're overweight on large- and mid-cap stocks relative to the market composition. Likewise, by owning VTI and VT, you're overweight on U.S. stocks; conversely, by owning VXUS and VT, you're overweight on non-U.S. stocks. These are all perfectly fine positions to take if that's what you intend and have justification for. For example, if you're in the U.S., it may be a good idea to hold more U.S. stocks than VT because of currency risk. But 4 equity index ETFs is probably overcomplicating things. It is perfectly fine to hold only VTI and VXUS because these funds comprise thousands of stocks and thus give you sufficient diversification. I would recommend holding those 2 ETFs based on a domestic/international allocation that makes sense to you (Vanguard recommends 40% of your stock allocation to be international), and if for some reason you want to be overweight in large- and mid-cap companies, throw in VOO. You can use Morningstar X-Ray to look at your proposed portfolio and find your optimal mix of geographic and stock style allocation."}
{"_id": "562927", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-japan-economy-labour-analysis/japan-inc-turns-contract-workers-into-permanent-staff-as-labor-market-tightens-idUSKCN1BC3PJ) reduced by 88%. (I'm a bot) ***** &gt; Last year, the average monthly pay for regular workers was 321,700 yen while for contract workers it was 211,800 yen, so a change in status can mean a big jump in pay plus benefits workers weren&amp;#039;t previously receiving.  &gt; LABOR LAW REVISIONS. The trend is expected to accelerate toward April 2018 when a revised labor contract law starts forcing companies to provide permanent status for temporary workers who have served more than five years, if the workers request it.  &gt; The share of non-regular workers has almost doubled as companies saddled with excess capacity, debt and excess workers have replaced regular employees with cheaper contract workers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xgsde/japans_labor_market_is_getting_so_tight_that/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~202637 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **work**^#1 **employee**^#2 **year**^#3 **job**^#4 **contract**^#5\""}
{"_id": "562934", "title": "", "text": "Congratulations on saving up $75,000.  That requires discipline and tenacity.  There are a lot of factors that would go into making your decision.   First and foremost is the security of the income stream you have now.  Being leveraged during times of hardship is not a pleasant experience.  Unexpected job losses can and do happen.  Only you can determine how secure your and your spouse's situation is.   Second, I would consider the job market in the location that you live.  If you live in a small town it will be hard to find income levels like you have now.  Rental properties are additional ties to an area.  Are you happy in the area in which you live?  If you were laid off are there opportunities in the same area.  Being a long distance landlord is again not a pleasant experience.  I can throw being forced to sell to relocate at a reduced price into this same bucket. Third, you need to have 3 to 6 months of expenses saved for emergencies.  This is in addition to having no consumer debt (credit cards, car loans, student loans).  $75,000 feels like a lot.  Life can throw you curve balls.  You need to be prepared for them because of the fundamental nature of Murphy's Law.  If you were to be a landlord you should err closer to the six month end of the scale.  I own two rentals and can speak to people being late a given month, heating and air problems, plumbing issues, washers and dryers breaking, weather related issues, and even a tenant leaving behind for truckloads of trash.  Over 20 years I guess I have seen it all.  A rental agency will only act as a minor buffer.   Fourth, your family situation is important.  I personally save 10% of my income for my child's education.  If you haven't started doing so or have different feelings on what you might contribute think about it before any financial move. Fifth, any mortgage payment you are making should be 25% or less than your take home pay for a 15 year fixed rate mortgage.  Anything less than 20% down and you start burning up money on PMI insurance.  'House Poor' is a term for people that make high incomes but have too much being spent for housing.  It is the cause of a lot of financial stress. Sixth, you need to save for retirement.  The absolute minimum I recommend is 15% of your income.  Even if the match is 6% you should invest the full 15% making it 21%.  Social Security is a scary thing and depending on it is not wise.  I think your income still qualifies you for contributions to a Roth IRA.  If you aren't personally contributing 15% do so before making a move. There is an old joke that homeless people who have a 0 net worth often are richer than people driving fancy cars and living in fancy houses.  Ultimately no one can tell you the right answer.  Every situation is unique.  You have a complex tapestry to your financial life that no else one knows."}
{"_id": "562938", "title": "", "text": "The Fed controls the base interest rate for lending to banks. It raises this rate when the economy is doing well to limit inflation, and lowers this rate when the economy is doing poorly to encourage lending. Raising the interest rate signals that the Fed believes the economy is strong/strengthening.   Obviously it's more complicated than that but that's the basic idea."}
{"_id": "562957", "title": "", "text": "If you qualify for the safe harbor, you are not required to pay additional quarterly taxes.  Of course, you're still welcome to do so if you're sure you'll owe them; however, you will not be penalized. If your income is over $150k (joint) or $75k (single), your safe harbor is: Estimated tax safe harbor for higher income taxpayers. If your 2014 adjusted gross income was more than $150,000 ($75,000 if you are married filing a separate return), you must pay the smaller of 90% of your expected tax for 2015 or 110% of the tax shown on your 2014 return to avoid an estimated tax penalty. Generally, if you're under that level, the following reasons suggest you will not owe the tax (from the IRS publication 505): The total of your withholding and timely estimated tax payments was at least as much as your 2013 tax. (See Special rules for certain individuals for higher income taxpayers and farmers and fishermen.) The tax balance due on your 2014 return is no more than 10% of your total 2014 tax, and you paid all required estimated tax payments on time. Your total tax for 2014 (defined later) minus your withholding is less than $1,000. You did not have a tax liability for 2013. You did not have any withholding taxes and your current year tax (less any household employment taxes) is less than $1,000. If you paid one-fourth of your last year's taxes (or of 110% of your last-year's taxes) in estimated taxes for each quarter prior to this one, you should be fine as far as penalties go, and can simply add the excess you know you will owe to the next check."}
{"_id": "562964", "title": "", "text": "\"I have a Roth IRA with Scottrade, and they allow me to write cash secured puts, as well as covered calls. I can also purchase calls or puts, if I choose. When I write a cash secured put, it automatically deducts the amount required to purchase the shares at the strike price from my \"\"cash available for transactions\"\".\""}
{"_id": "562970", "title": "", "text": "Also, this would be a sick way to predict the weather. What if there were options on rain that had week long maturities? One could back out from the price and different maturities the probability of it raining on a certain day."}
{"_id": "562977", "title": "", "text": "&gt;And where pray tell would all the cash come from?  Tax rich people and corporations  &gt;Surely you can't be stupid enough to think that money created endlessly as needed  I didn't say that.  You did.  You fucking stupid internet-libertarian.  Great strawman btw.  &gt;Government employees, including legislators and professional politicians, should not receive special benefits merely because they happen to be bureaucratic leeches on the public teat.  See my previous comment.  But anyway you go ahead and pretend that making other people's existence shittier will help you.  I'm sure you're a self-made billionaire that's never required anything from anyone.  lol.  Just kidding.  Like every other piece of shit that subscribes to this subreddit I'm sure you're posting from your mom's basement right.  Hey do her and us a favor and kill yourself already.  tia."}
{"_id": "562991", "title": "", "text": "Most people have no problem paying for schools, millitary, or other socially  optimizing externalities.   People do have a problem with paying for free rides for others, where only the person receiving the benefits gains anything and everyone else has to pay the bill."}
{"_id": "562993", "title": "", "text": "The implied intent is that balance transfers are for your balances, not someone else's.  However, I bet it would be not only allowed but also encouraged.  Why?  Because the goal of a teaser rate is to get you to borrow. Typically there is a balance transfer fee that allows the offering company to break even.  In the unlikely event that a person does pay off the balance in the specified time frame the account and is then closed, then nothing really lost. Its hard to find past articles I've read as all the search engines are trying to get me to enroll in a balance transfer.  However, about 75% of 0% balance xfers result in converting to a interest being accrued.  If you are familiar with the amount of household credit card debt we carry, as a nation, that figure is very believable. To answer your question, I would assume they would allow it.  However I would call and check and get their answer in writing.  Why?  Because if they change their mind or the representative tells you incorrectly, and they find out, they will convert your 0% credit card to an 18% or higher interest rate for violating the terms.  Same as if a payment was missed. From the credit card company's perspective they would be really smart to allow you to do this.  The likelihood that your family member will pay the bill beyond two months is close to zero.  The likelihood that a payment will be missed or late allowing them to convert to a higher rate is very high.  This then might lead to you being overextended which would mean just more interest rates and fees.  Credit card company wins!  I would not be surprised if they beg you to follow through on your plan. From your perspective it would be a really dumb idea, but as you said you knew that. Faced with the same situation I would just pay off one or more of the debts for the family member if I thought it would actually help them.  I would also require them to have some financial accountability.   Its funny that once you require financial accountability for handouts, most of those seeking a donation go elsewhere."}
{"_id": "563009", "title": "", "text": "Ponder this. Suppose that a reputable company or government were to come out and say hey, we are going to issue some 10 year bonds at 6.4%. Anyone interested in buying some? Assume that the company or government is financially solid and there is zero chance that they will go bankrupt. Think those bonds would sell? Would you be interested in buying such a bond? Well, I would wager that these bonds would sell like hotcakes, despite the fact that the long term stock market return beats it by a half percent. Heck, vanguard's junk bond fund is hot right now. It only yields 4.9% and those are junk bonds, not rock solid companies (see vanguard high yield corporate bond fund) Every time you make an extra principal payment on your student loan, you are effectively purchasing a investment with a rock solid, guaranteed 6.4% return for 10 years (or whatever time you have left on the loan if make no extra payments). On top of that, paying off a loan early builds your credit reputation, improves your monthly cash flow once the loan is paid, may increase your purchasing power for a house or car, and if nothing else, it frees you from being a slave to that debt payment every month.  Edit Improved wording based on Ross's comment"}
{"_id": "563015", "title": "", "text": "\"Yes, undeniable facts: sleazy Hillary conspires with fake-news CNN to cheat on debate questions, something that my son would be expelled from school if he cheated like that on his test, something that NEVER EVER happened in presidential debates before and there was no need for it (it's just debate questions, that Trump handled very well).   These facts and MANY other facts demonstrated to the American people how corrupt, evil, untrustworthy and conspiring is the DNC and Hillary are.  So Trump won the presidency, congress, senate and governors. He won also the popular vote if California did not allow millions of illegal aliens to vote.  **And now you want to believe that \"\"Russians!\"\" made Hillary, the DNC, Podesta, Loretta Lynch, Donna Brazile, Debbie Schultz, etc do all those things, so Trump will win? And all this \"\"Russians!\"\" happening while under the watch of Obama in charge of the FBI?**  Darling, there was no \"\"Russians!\"\" collusion!  The \"\"Russians!\"\" collusion is just to divert attention from corrupt Democrats to Trump.  I am not worried: so far Hillary is under several investigations and Tump is not under a single investigation!!!!! (Investigating \"\"Russians!\"\" is not investigating Trump). Trump will win 2020 again and Hillary and her friends will be rotting in jail.\""}
{"_id": "563025", "title": "", "text": "In view of business, we have to book the entries. Business view, owner and business are different. When capital is invested in business by owner, in future business has to repay it.  That's why, capital always credit. When we come about  bank (business prospective) - cash, bank, fd are like assets which can help in the business. Bank is current asset (Real account) - Debit (what comes into the business)                                        Credit (what goes out of the business) Hence credit and debit differs from what type of account is it.... credit - when business liables debit - what business has and receivables"}
{"_id": "563030", "title": "", "text": "Why not just get another credit card and transfer the balance? Many of them will give you special perks like x months of no interest for doing so. Also, once you call to actually cancel the card you will see for sure whether they really have any power to negotiate rates. From their perspective 15% APR is more than 0%APR which is what they'd get if they lose your business."}
{"_id": "563033", "title": "", "text": "If your friend is paying you same amount as the charge, there should be no problem.  If the friend is paying you an amount in excess of the ticket (or in excess of the club tab in the 2nd example), you need to report the excess amount as income.   I would keep the receipts for the purchases, credit card statements, bank statements, and checks/or electronic receipt show your payment of the credit card.  If the IRS does question these, you tell them what happened and be able to prove that you made no money off the transaction by providing the statements and receipts."}
{"_id": "563043", "title": "", "text": "The problem is that when the mortgages were securitized they did it in such a way as to make checking them impossible. The security wasn't based on one mortgage or even dozens of them, but hundreds of them. Good and bad, all mixed together.  Making matters worse, each security wasn't even dealing with whole mortgages, just fragments of them.  It was a true nightmare."}
{"_id": "563056", "title": "", "text": "An investment trust is quoted just like a share. You just compare what you paid (your book cost) with its current share price, not the NAV, as a trust's price can be at a premium greater than the actual share price or a discount."}
{"_id": "563083", "title": "", "text": "\"Thanks! I'll make sure I remember to vote for the one who got the most big money as \"\"the people's\"\" candidate, next time.  8 years of \"\"muh legacy\"\" ... gone ... all because [the election is over](https://youtu.be/MPsbV-IvLDU). I guess, it kinda sucks with the shoe on the other foot.\""}
{"_id": "563092", "title": "", "text": "\"Since you want to know exactly what \"\"yield\"\" means, let's get all the details of the security down first. Treasury Bills are 0-1 year and do not pay interest/coupons. The yield comes from buying the T-Bill at a discount. For example, you buy a T-Bill for $99 and it pays $100 when it matures, and the yield over that holding period is 1/99. When people talk about \"\"yield\"\" they are generally talking about annualized yield unless stated otherwise.  Treasury Notes are 2-10 years. They pay interest semi-annually. Treasury Bonds are 20-30 years and they also pay interest semi-annually. Again, \"\"yield\"\" is typically the annualized yield, or the two semi-annual interest payments added together (without compounding). These have interest payments so they are typically sold at par. They may trade a premium/discount afterwards.  TIPS pay a constant coupon rate, but the principal is adjusted up and down with inflation.\""}
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{"_id": "563135", "title": "", "text": "&gt; What I meant by all this is that anything simple will be made disgusting and maddening the moment it enters the real world, including inventory management systems.  Yes, the real world is not as simple as one would want it to be if they could engineer it themselves.  They key is engineering a system to work in the real world, not a world to work with a perfect system."}
{"_id": "563151", "title": "", "text": "\"The best place to start looking is the companies \"\"Balance Sheet\"\" (B/S).  This would show you the total shares \"\"outstanding.\"\" The quarterly B/S's arent audited but a good starting point.  To use in any quant method, You also need to look a growth the outstanding shares number. Company can issue shares to any employee without making a filing.  Also, YOU will NEVER know exactly the total number because of stock options that are issued to employees that are out of the money arent account for. Some companies account for these, some dont.  You should also explore the concepts of \"\"fully dilute\"\" shares and \"\"basis\"\" shares. These concepts will throw-off your calc if the company has convertible bonds.\""}
{"_id": "563169", "title": "", "text": "If you mean the internal rate of return, then the quarterly rate of return which would make the net present value of these cash flows to be zero is 8.0535% (found by goal seek in Excel), or an equivalent compound annual rate of 36.3186% p.a. The net present value of the cash flows is: 10,000 + 4,000/(1+r) - 2,000/(1+r)^2 - 15,125/(1+r)^3, where r is the quarterly rate. If instead you mean Modified Dietz return, then the net gain over the period is: End value - start value - net flow = 15,125 - 10,000 - (4,000 - 2,000) = 3,125 The weighted average capital invested over the period is: 1 x 10,000 + 2/3 x 4,000 - 1/3 x 2,000 = 12,000 so the Modified Dietz return is 3,125 / 12,000 = 26.0417%, or 1.260417^(1/3)-1 = 8.0201% per quarter, or an equivalent compound annual rate of 1.260417^(4/3)-1 = 36.1504%. You are using an inappropriate formula, because we know for a fact that the flows take place at the beginning/end of the period. Instead, you should be combining the returns for the quarters (which have in fact been provided in the question). To calculate this, first calculate the growth factor over each quarter, then  link them geometrically to get the overall growth factor. Subtracting 1 gives you the overall return for the 3-quarter period. Then convert the result to a quarterly rate of return. Growth factor in 2012 Q4 is 11,000/10,000 = 1.1 Growth factor in 2013 Q1 is 15,750/15,000 = 1.05 Growth factor in 2013 Q2 is 15,125/13,750 = 1.1 Overall growth factor is 1.1 x 1.05 x 1.1 = 1.2705 Return for the whole period is 27.05% Quarterly rate of return is 1.2705^(1/3)-1 = 8.3074% Equivalent annual rate of return is 1.2705^(4/3)-1 = 37.6046% ========= I'd recommend you to refer to Wikipedia."}
{"_id": "563204", "title": "", "text": "**Poe's law**  Poe's law is an adage of Internet culture stating that, without a clear indicator of the author's intent, it is impossible to create a parody of extreme views so obviously exaggerated that it cannot be mistaken by some readers or viewers as a sincere expression of the parodied views.  The original statement of the adage, by Nathan Poe, was:    Without a winking smiley or other blatant display of humor, it is utterly impossible to parody a Creationist in such a way that someone won't mistake for the genuine article.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "563238", "title": "", "text": "\"This is stupid. Employers don't pay overtime \u2014 they make you go home. But you need money to support your family. So you take another job. Now, instead of working 50-70 hours a week at one job, your working up to 40 at one and then 10-30 elsewhere. Add in the commute, changing uniforms, schedule conflicts, and it's an even worse hell than \"\"slaving away\"\" at your main job/career for over 40 hours. It discourages hard work, investing your time into learning your job and getting promoted faster, and decreases your base pay rate in case the employer has to pay for your time and a half in some situations. You can't legislate away the major economic problems our society faces in this way.\""}
{"_id": "563249", "title": "", "text": "I don't understand why Apple's laptop and portable displays are so, so much better than the competition considering that they don't actually make their own shit. The iPhone 5 display is easily [the highest quality](http://www.anandtech.com/show/6334/iphone-5-screen-performance) (in terms of color accuracy, gamut, viewing angles, and display temperature) of any portable screen ever. Who makes that screen and why don't they put an equivalent quality screen in their own device? The Galaxy S III screen is, quite frankly, pretty shit, which really bothers me as both an Android user and a display snob."}
{"_id": "563256", "title": "", "text": "Over 1,300 tubes containing radioactive water inside San Onofre nuclear plant's steam generators in California has been reportedly damaged enough that they need to be taken out of service.   To date, the safety of tubing that snakes around the plant's 4 steam generators were installed in a multimillion-dollar upgrade three years ago.   According to the company's official statement on Monday, 807 tubes in Unit 3 and 510 tubes from Unit 2 reactors were retired. Every generator has almost 10,000 tubes and the total number of plugged tubes would not affect a proper operation of the plant.   Their statement came just days after an executive from Edison International announced that the firm plans to restart at least one of the reactors in the coming months. They are apparently planning which reactor will run at reduced energy for several months at least, because engineers are of the opinion that it will solve the problem of vibration -- something that the firm suspects is causing the unexpected wear in the alloy tubes.      The chairman of Edison, SCE's parent company, reportedly called investors to notify them of the premature wear found in around 1% of 39,000 tubes in the generators.   A nuclear watchdog Norton Medical and Scientific Research &amp; Biotechnology issued a warning, saying in effect that it seems \u00abthe new steam generators are falling apart and Edison doesn't know why. It would be foolhardy to restart, even at reduced power, under the current circumstances.\u00bb   The nuclear plant is owned by the Riverside City together with San Diego Gas and Electric and SCE. A joint statement released last week by the California Independent System Operator and Edison gave possible dates this June for planning. However, government regulators were quick to assert that there is no timetable for a restart -- something that would still need a federal approval.   The alert concerns stemmed from an incident in January when the third reactor was shut off after a tube broke. But although radiation has escaped during that time, officials were quick to assure residents and workers that there was no imminent danger. Earlier that month, the second unit was shut down for its regular maintenance but investigators discovered instead of premature wear on hundreds of tubes that were only installed 2 years ago by Mitsubishi Heavy Industries. (The first unit operated on 1968 was dismantled in 1992.)   The tubes stand for a crucial safety barrier, that is, if a tube breaks then there is considerable chance for radioactivity to escape onto the atmosphere. Serious leaks could also use up the protective cooling water employed in a reactor.   SCE estimates that the repair expenses could cost about USD 55 to 65 million, aside from the initial USD 30 million it has spent to replace the output from the 2 reactors earlier this year.  \u00bb Norton Medical and Scientific Research &amp; Biotechnology - Thousands of Tubes Damaged at Calif Nuclear Plant"}
{"_id": "563257", "title": "", "text": "The decline in what kind of house you get for $600k is why a lot of people making $100k don't feel rich. I'm amazed at how many houses in my area go for that much, especially when you consider that only 5% of families have the income to consider that affordable."}
{"_id": "563264", "title": "", "text": "Thanks for the reply.  To answer your question, it is always preferable to be paid in advance, however how does that impact valuation in a change of control transaction.   Using your airline ticket sales as an example.  I buy an airline today.  I get to recognize the revenue from any pre-sold tickets starting tomorrow and reduce my deferred revenue liability.  However, I don't get that cash as it has already been paid to the previous owner.  On the expense side I recognize the expense for the flight and have to pay the cash (fuel, staff, etc.).  So even thou the accounting matches, the previous owner gets the cash gets from the presales without having to spend the cash to service those presales."}
{"_id": "563268", "title": "", "text": "&gt;So where is all the money? I mean, labor has been produced to make things and wages paid to the laborers. The things are purchased by other laborers, who were paid for producing goods or services, etc. It's a closed loop, right?   Almost right. The problem is that the wages paid to the laborers are not high enough to buy all the goods produced, so there is constant overproduction and at the same time there are people who would want to buy these goods, but can't afford them. Some people lose their jobs, which reduces demand for goods even further. It's a vicious circle and everbody loses in the long run."}
{"_id": "563271", "title": "", "text": "If you're a person of normal means, being a short-term trader/speculator is a game that you are going to lose. Don't do it -- do some research on investing."}
{"_id": "563277", "title": "", "text": "You've convinced me with your capital letters. How could I have been so blind?   The average person on unemployment is there for 39 weeks. Not permanent. So, you're basing your argument on false data. Further, a certain portion of these are there not because of stigma, but because the industry in which they worked doesn't need the labor. Another portion is only actually looking for work in order to continue qualifying for unemployment, and will retire after the benefits run out.   You're talking about making a truly significant policy change with real negative effects on many, many real people in order to help a part of the population that doesn't necessarily exist in the manner you imagine it does. From what I can tell, you have done nothing to arrive at your conclusions beyond feeling an emotional reaction with no actual sense of the data. Or any actual knowledge of economics."}
{"_id": "563283", "title": "", "text": "SEO is one of the most effective marketing strategies with which you can increase your brand awareness and improve your position in the search engine. Optimize your website making it easy to use and search, helping you get a higher return on investment."}
{"_id": "563284", "title": "", "text": "\"Definitions are in order: These definitions are important. Someone making 1,000,000 a year who spends all of it is poor. Someone who makes 500K, spends 450K a year and has three million in stocks and a paid-for million dollar home may be rich but they can't retire. They need another seven to eight million to retire. Someone with a million dollars in assets who makes 40K a year through their job, can be Financially Independent and retire.  This last example is important. In The Millionaire Next Door the authors share their discovery that the average millionaire accumulated their wealth with just a working income of around 50K (the book is a bit dated so the number should be elevated if you adjust for inflation). Finance Independent is a strange thing to wrap your head around and people with high incomes often fall victim to misunderstanding it. When figuring out how much a person needs to accumulate for their \"\"nest egg\"\", their working income is not a direct variable. Their spending and savings rate are. A doctor making 500K, who spends 450K needs to work for 51 years if they are planning to keep spending 450K/year (adjusted for inflation) forever. Someone making 60K starting at age 21 who saves 18K (30%), could retire at 49. Someone with a truly low income and poor, say 30K and under and living in a old developed nation, investing will help them a bit. Say they save 10% of their income, by the time they reach 65 (the typical age federal retirement pensions begin), they'll have enough money to live off of in perpetuity and in comfort.  They'll actually have a higher retirement income than income while they were working. But, it is challenging at those levels to save 10% of your net income. Events like your car randomly deciding to break down one day can destroy an entire year's saving.\""}
{"_id": "563296", "title": "", "text": "Dexmet\u00ae expanded metals and foils are the materials of choice in bushing and bearing construction. As compared to the typical extruded material or woven material, Dexmet expanded metal save money by eliminating waste AND will not unravel. Dexmet expanded metals and foils are available in a wider range of widths, thicknesses, and open area configurations than any other material type. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "563307", "title": "", "text": "Very difficult to pay a credit card bill on a one off payment. Once you have selected HSBC card and used the secure key to confirm bill payment, in my experience it comes up error.mafter 3 attempts i was locked out of the account. Mush easier to use an account from another bank to pay the bill."}
{"_id": "563324", "title": "", "text": "There are very strict regulations that requires the assets which a fund buys on behalf of its investors to be kept completely separate from the fund's own assets (which it uses to pay its expenses), except for the published fees. Funds are typically audited regularly to ensure this is the case. So the only way in which a default of the fund could cause a loss of invstor money would be if the fund managers broke the regulations and committed various crimes. I've never heard of this actually happening to a normal mutual fund. There is of course also a default risk when a fund buys bonds or other non-equity securities, and this may sometimes be non-obvious. For example, some ETFs which are nominally based on a stock index don't actually buy stocks; instead they buy or sell options on those stocks, which involves a counterparty risk. The ETF may or may not have rules that limit the exposure to any one counterparty."}
{"_id": "563326", "title": "", "text": "The two are closely related. A budget is a detailed plan for how to spend. Expense tracking is a tool to analyze your previous spending performance. Creating a plan for how to spend your money without any record of your previous spending--is an empty promise to yourself that you will never follow up on. Did I stay within my budget? Doesn't matter, I didn't track the spending anyway. Even if you do plan to track your performance, if you have not previously done so, you won't have a good basis for how much to expect in each category.  Most people have a general idea of how much they have spent and many budgets are formed based on that general intuition, but they are often surprised when they track how every penny is spent and look at the totals from month to month and over years. By actually seeing how much has been spent it's easier to pick the big financial drains and target them for reduction, if your desire is more savings, for example. I know people who keep a close eye on what they spend each month, but they don't allocate money in categories for the next month. They don't perform as well on reducing spending, but they often don't care. They feel like they make enough and they save enough, so why worry? I also know people who create an unrealistic budget each month because they haven't done a good job tracking their previous spending. They know what the monthly bills are, but they don't account well for variable or cyclical expenses  like repairs, Christmas, etc. Both tools are essential for maximizing your own personal finance."}
{"_id": "563334", "title": "", "text": "There are quite a few online brokers ... All of these have different pricing structure and the right one would depend on the amount of & type of trading you are doing, for example Reliance Money offer 1 paise brokrage, but with a higer anual fees, so it makes sense if you are doing delivery trades and not IPO or Day trades ... Others changes less of anual fees but more of brokrage."}
{"_id": "563335", "title": "", "text": "You should read into the local and Federal laws that concern these kinds of sales. Potential pitfalls that I know of (there are probably much more): Auctions in general mean:"}
{"_id": "563344", "title": "", "text": "This is where you're wrong.  We have a very crappy labeling of what is in food products because of lobbyists for these industries.  Sure, you say don't like it then don't buy it but when a company tells you something is made from 100% chicken and you only get 50%, they didn't lie or break the law.  They started with 100% chicken and added 100% soy and what you ended up with is a 50% chicken and 50% soy.  They claim it's made from 100% with extra ingredients but do not tell you at the time of purchase, or label it anywhere, you aren't buying 100% chicken."}
{"_id": "563350", "title": "", "text": "Masai Auto City is a good opportunity to buy the second hand used car at the affordable price. We have every car certified by our expert team. If you want to save the money to buy the car in new condition it is a perfect place for you. Now, it has been become a very popular place in Johor city.  There  is a lot of car dealer in Malaysia, but they haven't certified car. Locate the most Toyota companies that dependably give you the best opportunity to buy Masai used car Toyota at the moderate cost. You can sift through the chase in light of different parameters comprising Masai second hand car dealer."}
{"_id": "563359", "title": "", "text": "&gt; Energy storage is a tough problem to crack though.  No it's not. There are any myriad of ways to store kinetic energy. Pump water to an uphill reservoir. Use a flywheel. There was that story recently to push to with railroad cars laden with concrete. It would roll back down hill, and use regenerative breaking to supply power.  Follow the patents  http://www.elp.com/Electric-Light-Power-Newsletter/articles/2017/08/follow-the-patents-new-technologies-address-balancing-peak-and-off-peak-power-demand.html"}
{"_id": "563380", "title": "", "text": "I second the suggestions for your local credit union and asking co-workers who might also be in the process of a home purchase. Additionally, you want to educate yourself as much as possible so that you can ask questions about the calculations responsible for the differences. I got different values starting from the various online automatic quotes all the way through to the GFE and it was not obvious to me. You can also sign-up for free workshops for first time home buyers, though most of the material will be a breeze it helps you get worksheets going and lists going for documentation that you need to gather. You might want to start at the HUD site and explore. Especially the Borrower's Rights. The cost booklet was very helpful for me to interpret the GFE, but honestly I didn't appreciate it the first time it was handed to me. Finally, you might meet qualifications to take advantage of FHA programs; the waitlists discourage everyone including the loan brokers, but you want to at least be aware of programs that can help."}
{"_id": "563383", "title": "", "text": "What are you talking about? There are plenty of slaves who taught themselves to read and successfully hid their efforts from their owners. Hell, others decided to just leave. These slaves pulled themselves up by their bootstraps and were examples to other slaves.   Clearly there is no context, environment, and system that people exist in."}
{"_id": "563405", "title": "", "text": "Your autograph analogy seems relevant to me. But it is not just speculation. In the long run, investing in stocks is like investing in the economy. In the long run, the economy is expected to grow , hence stock prices are expected to go up. Now in theory: the price of any financial instrument is equal to the net present value today of all the future cash flows from the instrument. So if company's earnings improve, shareholders hope that the earnings will trickle down to them either in form of dividends or in form of capital gain. So they buy the stock, creating demand for it. I can try to explain more if this did not make any sense. :)"}
{"_id": "563407", "title": "", "text": "\"One key to trading is recognizing expectations.  What you see in the market is not always a reflection of fundamentals; sometimes, it's a reflection of what people expect to occur, whether that actually happens or not, is debatable. When a currency experiences inflation, such as the CPI being higher today for the USD, it may see an increase because people expect that the central bank will raise rates.  Again, this may not be the case, and the traders with this expectation could be wrong.  If you're seeing a currency rise after reported inflation, more than likely, traders expect the inflation to benefit the currency in the longer run. Finally on the economics' side, and economists here can debate this, at least in the past the view was that there was a relationship between inflation and unemployment (see the Phillip's Curve).  This idea, depending on who you ask, was refuted in the 70s when we had both high inflation and high unemployment (stagflation).  Supposedly, if we have high unemployment, we should have low inflation, so we can always raise inflation to have low unemployment.  Note that you will still find some economists who think the Phillip's Curve is true, so \"\"refuted\"\" depends on who you ask. From what I've read, Austrian economists are the only economists who see inflation as always bad (long story short, I think it's Paul Cwik who argues that deflation is actually good); like you're seeing, other economists might see it as a good sign and it's only a concern when it's very high (hyperinflation).\""}
{"_id": "563416", "title": "", "text": "This belong in /r/redacted  If there's a market correction (not crash, as the economy is on good foundation), it will not topple the sitting president, as it did not topple other president who went through corrections and crashes.  The economy is improving a lot under Trump. Hence the stock market going up.  &gt;  the Swamp is so undrainable that it will end up making mincemeat of Donald Trump  Then give up? Actually, that's why Trump was elected."}
{"_id": "563446", "title": "", "text": "Diversification and convenience: Is .15-0.35% fee worth it? It depends on your net worth, amount you invest and value of your time (if you have high net worth and low cost of your time the fee is highier then in case when you have low net worth but high cost of time - so Betterment seems to be a better option to young professional just after college then to someone already retired), your interest in finance, your willpower etc. Is Betterment allocation better then pure SPY? From what I understand about finance theory - yes. EDIT (as requested) I don't have any affiliation with any financial institution as far as I know. I opened it to get used to just investing as oppose to saving and ups and downs of market (and read up on the portfolio management, especially index funds) and I guess it worked well for me. I plan to move out entirely out of it once the cost of the account would be more then paying for a few coffees and move the account to Vanguard, Schwab or something similar.  In other accounts (HSA/...) I use simpler portfolio then the Betterment one (US Total, Small Value, Developed, Emerging and Bonds) but there are people who use simpler (search for 3 fund portfolio)."}
{"_id": "563453", "title": "", "text": "\"&gt; to be replaced by some whipped up reality trash  That's exactly my point. The reason everything is being replaced with \"\"reality\"\" tv shows is because they're so inexpensive to make. A \"\"smash hit\"\" is defined by its profit margins. A reality tv show can generate less income than a scripted show, and end up with more profits for the network since they cost so little to produce.\""}
{"_id": "563465", "title": "", "text": "Wal Mart, as capitalists are wont to do, will start by making a decent deal with employees (not make it mandatory, decent $) and will end up having people driving 10 miles out of their way for less than the costs of the employee, and use it as a cudgel to get raises and advancement.  Never trust a corporation. They are sociopaths, you know, since they are people in this greedy assed country and all."}
{"_id": "563478", "title": "", "text": "I'll ensure to have my ducks in a row.  It's the top prize and I purchased the ticket at a gas station in a town of 5000 people. I don't think retaining a lawyer is a good idea with the dollar amount, maybe if it was in the millions, but will take your suggestions to heart.  Thank you!"}
{"_id": "563481", "title": "", "text": "The long term is a series of short terms and the best thing we can do for for it is to improve the short term. There is absolutely no benefit to self-imposed economic hardship in the present.  I'm not saying there is slack of money, I'm saying there is *lack* of money. There is slack in output capacity. We are producing less than we're capable of and as a result, real resources and labor are idled. As policy, this is inexcusable.  &gt;People who are saving their money don't have it stored under their mattress. Instead they have it saved in a bank that is in turn being loaned out at the lowest rates in history.  Savings are a demand leakage. They are *unspent* income. If that leakage isn't offset, demand falls and the effect on the economy is contractionary."}
{"_id": "563482", "title": "", "text": "\"One reason is because car insurance is mandated. Mandated insurance means the government is forcing people to purchase it, which also means that everyone must have the opportunity to purchase it at a reasonable cost, even if the insurer would normally not choose to insure them. In mandated industries, risk pools are formed which means that as a whole, lower risk members partially subsidize higher risk members. In mandated industries that have a large risk variance, the insurance system would break down if everyone was charged their \"\"fair share\"\" because high risk members would be unable to afford a policy. (This is even more prominent with health insurance than car insurance because the difference in risk is vastly greater.) On a positive note, perhaps you may get a warm and fuzzy feeling knowing that you are helping out others \"\"in need\"\".\""}
{"_id": "563499", "title": "", "text": "You can create cash accounts within Quicken. These accounts are virtual. You can move money between the cash accounts so that you can track saving towards a multiple purposes. Some people have used this to emulate the envelope system of budgeting."}
{"_id": "563508", "title": "", "text": "Sounds like you are reconciling more than once a month.  I like to say I glance at all my statements, but these days I just look at the final balance and call it good.  If a transaction shows up by mistake, I would find it in a couple of days because of how often I update my Quicken and Mint.com"}
{"_id": "563524", "title": "", "text": "\"No.  I have nearly a million miles in the air and I do not \"\"despise\"\" flying.  The TSA intrusions today are only slightly more obnoxious than they were, say, 10 years ago.  The purpose of airport security is to get rid of the \"\"low hanging fruit\"\" threats.  Without it, every knucklehead with an agenda would be a problem.  With it, only the hardcore threats are a concern.  The real problem with air travel today is the amateurs that travel once a year and have some very weird behaviors:  - They show up late, unprepared, and clueless and then get annoyed that the word doesn't stop rotating to accommodate them.  - They show up massively overweight and blame the airline for the \"\"small\"\" seats.  Yeah, that's the problem.  The seats are too small to accommodate your buffalo-like thighs.  - They try to bring aboard steamer trunks that won't fit in the back of an SUV let alone in the overhead compartment.  - They think a $49 ticket entitles you to preferrential treatment and a luxury experience.  - They drink like frat boys and become about equally obnoxious.  - They bring their children along (that's fine) but then ignore them so that the rest of us have to put up with the whining, howling, and screaming that comes from children that are hungry, overtired, or need a diaper change.  In short, the TSA doesn't bother me anywhere near as much as a good many of my fellow passengers.  ProTip #1:  When traveling, travel light and be 10% more courteous and 10% more patient than you would be, say, at home.  It will make the entire experience better for all involved.  ProTip #2:  The single biggest element of travel stress in my experience is NOISE.  Go to your local gun shop and buy a pair of the compressible foam shooters earplugs.  Wear them from the time you walk into the airport until you walk out at the other end.  You will see your stress levels go down significantly.  ProTip #3: The most dangerous thing in the airport isn't terrorists.  It's the food.\""}
{"_id": "563537", "title": "", "text": "\"So after 2 world wars, countless smaller ones, A mantra of Regime change and poking our nose in every bodies business, CIA black ops and Torture, weapons of mass destruction that did not exist, assassinations of Heads of state  The Mighty Empire of the United states is brought to its knees by \"\"One liners\"\",    Well bad news, Poppets, because in an attempt to deliver the Coup De Grace and totally annihilate us, they have hatched a dastardly plot to increase from 140 characters to 280  Fear and tremble . .behold!!!  Allah hu Akbar!!!   \"\"Death by Two liners\"\" approaches  This is what happens when you hire assholes to govern you\""}
{"_id": "563544", "title": "", "text": "Yep!  Sorry, poor phrasing on my part.  The Top 5 Non-Profits in terms of 2012 Revenue:  * The Y - $6.2B * Goodwill Industries International $4.9B * United Way - $4.3B * Catholic Charities USA - $4.2B * The Salvation Army - $3.35B  Source: http://www.thenonprofittimes.com/wp-content/uploads/2013/11/11-1-13_Top100.pdf"}
{"_id": "563551", "title": "", "text": "\"Oddly enough, I started to research the \"\"Bank on Yourself\"\" strategy today as well (even before I'd ran across this question!). I'd heard an ad on the radio for it the other day, and it caught my attention because they claimed that the strategy isn't prone to market fluctuations like the stock market. It seemed in their radio ad that their target market was people who had lost serious money in their 401k's. So I set about doing some research of my own. It seems to me that the website bankonyourself.com gives a very superficial overview of the strategy without truly ever getting to the meat of it. I begin having a few misgivings at the point that I realized I'd read through a decent chunk of their website and yet I still didn't have a clear idea of the mechanism behind it all. I become leery any time I have to commit myself to something before I can be given a full understanding of how it works. It's shady and reeks of someone trying to back you into a corner so they can bludgeon you with their sales pitch until you cry \"\"Mercy!\"\" and agree to their terms just to stop the pain (which I suspect is what happens when they send an agent out to talk to you). There were other red flags that stood out to me, but I don't feel like getting into them. Anyway, through the use of google I was able to find a thread on another forum that was a veritable wealth of knowledge with regard to the mechanism of \"\"Bank on Yourself\"\" how it works.  Here is the link: Bank on Yourself/Infinite Banking... There are quite a few users in the thread who have excellent insights into how all of it works. After reading through a large portion of the thread, I came away realizing that this strategy isn't for me. However, it does appear to be a potential choice for certain people depending upon their situation.\""}
{"_id": "563554", "title": "", "text": "Well in 2006 they tested the1999 samples for EPO. There wasn't a test in 1999 so cyclist could take it with impunity if they wanted to. Of the 20 samples that came back positive, 11,were from Armstrong.  This is the point - while others were cheating , Armstrong was cheating on an industrial scale. Other riders had to look elsewhere for doctors who would help them dope. Armstrong had the team doctor to do that."}
{"_id": "563557", "title": "", "text": "Actually nearly the entire western world is following in Japan's footsteps. A decade from now debts of 200%+ / GDP will be common place, why because populations are ageing &amp; older people tend to spend less &amp; western economies are consumer driven.  Meanwhile, as happened in Japan, people don't want to pay more tax or lose entitlements &amp; politicians don't want to take them away for fear of losing votes. However, in the new normal of constant volatility and low interest rates and few growth opportunities western countries with their own currencies will probably get away with it for quite a long time. But watch Japan, because they're a decade ahead and if they collapse or even somehow solve the problem then the West is probably not far behind"}
{"_id": "563562", "title": "", "text": "Pulling out of your way to get to the gas station does not take 0 seconds, and playing on your phone is likely not what you were going to do anyway.  When you're on your way to work and you need to get there in a certain amount of time and decide you need gas, you need to leave earlier to get there on time.  Or when you're on your way home and all you want to do is get home after a long day, you're sitting in your car at a gross gas station instead of being at home.  You know this is the case, but you're trying to make up glib rationalizations for your complacency.  And you're speaking out of ignorance since you haven't experienced both ownership cases, whereas those who have experienced both ownership cases will say that EV charging is by large margin a more pleasurable experience.  But by all means, keep cutting off your nose to spite your face.  Spend more time filling up, more money, send that money to terrorists, give yourself poorer health, do all of those things, just so you don't have to admit to someone on the internet that maybe they've exposed you to a new way of thinking about transportation.  That'll teach 'em."}
{"_id": "563564", "title": "", "text": "\"The term \"\"stock\"\" here refers to a static number as contrasted to flows, e.g. population vs. population growth. Stock, in this context, is not at all related to an equity instrument.  Yes, annual refinance costs, interest rate payments etc. are what we should be looking at when assessing debt burden. Those are flows. That was my point when cautioning against naive debt GDP comparisons.  Also, keep in mind that by borrowing in it's sovereign currency, the US has an enormous amount of monetary tools to handle the debt if it ever became a problem. Greece, by comparison, is at the mercy of the ECB, so they only have fiscal levers to pull. The interest expense does not strike me as especially concerning, but I'd be happy to verify BIS or IMF reports if you would like.\""}
{"_id": "563582", "title": "", "text": "&gt; Can you name a product that 100% of consumers are forced to buy?  No, including education.  I don't see how that matters.  &gt; Education is not a consumable good like any you are trying to compare it to  Doesn't have to be consumable.  How about a marketing consultant who claims his customer didn't actually want better sales?  How about an interior designer who claims his customer has horrible taste?  How about a president who claims a gold star widow didn't want to be consoled?"}
{"_id": "563584", "title": "", "text": "Well, to be fair, the guy responding to me also seems to believe that there is a massive government coverup of an advanced civilization on Mars.   At least I bothered to look up the source given to me and make my own opinion."}
{"_id": "563624", "title": "", "text": "\"Oh how I detest \"\"Good to Great\"\". Worst management book ever. Incredibly poor analysis method and useless results. They even asked the inverse of the question you actually would want to know.   They asked \"\"Given companies that went from Good to Great, what strategies did they use in common.\"\" That's worthless. It's like analyzing lottery winners and finding out they all used the strategy of buying lottery tickets, and they concluding that you should also buy lottery tickets.  The question should be, \"\"How many companies using Strategy X went from Good to Great compared to using Strategy Y.\"\" Even if GtG found some coherently useful strategies (they didn't), it might be that most Bad to Worse companies also used the same strategies. What you want are strategies that are statistically likely to improve your odds of success, not what the successful are statistically likely to have had.\""}
{"_id": "563627", "title": "", "text": "This sounds like it makes no difference if you behave in the same manner (i.e. take the same vacation time). For example, say you work 1 hour and take 1 hour of vacation and the current hourly rate is $1/hour.  You would make $2. Using your formula, new rate = 1* (1+1)/1 = 1*2 = $2.  So they would pay you $2 for the hour you worked and then you would take the 1 hour of vacation with no pay. If you plan on taking LESS vacation than used in the formula, you make more money.  If you plan on taking MORE vacation, you make less money."}
{"_id": "563655", "title": "", "text": "&gt;In short, pay banks not to lend money, not to invest the reserves.\u00a0 This is just like Federal programs that paid farmers not to farm...IOER (interest on excess reserves)\u00a0pays big bankers not to bank  That's paying fucking interest. Why are you making this sound like a conspiracy theory?   And your article is poorly written and nobody takes a title with three question marks seriously. Stop."}
{"_id": "563677", "title": "", "text": "\"Did someone hijack your account OP?   In your post you take the time to point out the part of the article that says Trump has done nothing so him taking credit for this decline makes his statement \"\"mostly false.\"\" And now you're defending Trump?  Which is it, are you defending Trump or slamming him?\""}
{"_id": "563685", "title": "", "text": "\"This equation fails to account for a society's willingness to create value.  If you steal from those who create value and give to those who do not, you destroy the engine that creates value in the economy.  This redistribution idea is not a new concept, and it has already massively failed.  https://en.m.wikipedia.org/wiki/Kulak  https://en.m.wikipedia.org/wiki/Russian_famine_of_1921%E2%80%9322  &gt; The Bolshevik government had requisitioned supplies from the peasantry for little or nothing in exchange. This led peasants to drastically reduce their crop production. According to the official Bolshevik position, which is still maintained by some modern Marxists, the rich peasants (kulaks) withheld their surplus grain to preserve their lives;[6]\u00a0statistics indicate that most of the grain and the other food supplies passed through the\u00a0black market.[7][8][9]\u00a0The Bolsheviks believed peasants were actively trying to undermine the war effort.\u00a0The Black Book of Communism\u00a0asserts that Lenin ordered the seizure of the food peasants had grown for their own subsistence and their seed grain in retaliation for this \"\"sabotage\"\", leading to widespread peasant revolts.  --  &gt; In July 1929 it remained official Soviet policy that the kulak should not be terrorised and should be enlisted into the\u00a0collective farms.\u00a0Joseph Stalin\u00a0disagreed with this, saying, \"\"Now we have the opportunity to carry out a resolute offensive against the kulaks, break their resistance, eliminate them as a class and replace their production with the production of\u00a0kolkhozes\u00a0and\u00a0sovkhozes.\"\"[13]  &gt; On 30 January 1930 the\u00a0Politburo\u00a0approved the dissolving of kulaks as a class. Three separate categories for the kulaks were designated: The first consisted of kulaks to be sent to the\u00a0Gulags, the second was for kulaks to be relocated to distant parts of the USSR (such as the north\u00a0Urals\u00a0and\u00a0Kazakhstan), and the third to other parts of their province.[14]  &gt; As part of being forced onto collective farms, the peasantry were required to relinquish their farm animals to government authorities. Many peasants chose to slaughter their livestock rather than give them to collective farms. In the first two months of 1930, peasants killed millions of cattle, horses, pigs, sheep, and goats, with the meat and hides being consumed and bartered. For instance, the Soviet Party Congress reported in 1934 that 26.6 million head of cattle had been lost, and 63.4 million sheep.[15]\u00a0In response to the widespread slaughter, the\u00a0Sovnarkom\u00a0issued decrees to prosecute \"\"the malicious slaughtering of livestock\"\" (\u0445\u0438\u0449\u043d\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0443\u0431\u043e\u0439 \u0441\u043a\u043e\u0442\u0430).[16]  &gt; Stalin requested severe measures to put an end to the kulak resistance. In 1930, Stalin declared:  &gt; In order to oust the 'kulaks' as a class, the resistance of this class must be smashed in open battle and it must be deprived of the productive sources of its existence and development. ... That is a turn towards the policy of eliminating the kulaks as a class.\""}
{"_id": "563728", "title": "", "text": "\"Hope springs eternal in the human breast. No actively managed fund has beaten the indices over a long period of time, but over shorter periods, actively managed funds have beaten the indices quite often, sometimes quite spectacularly, and sometimes even for many years in a row. Examples from the past include Fidelity Magellan and Legg Mason Value Trust. So people buy actively managed funds hoping to cash in on such  good performance. The difficulty is, of course, that many people don't even think about investing in a fund until it is listed in some \"\"Top Forty Funds of last year\"\" compilation, and for many funds, they have already peaked, and new buyers are often disappointed.  Some  people who invested earlier plan on getting out of the fund before  the fund falls flat on its face, and fewer even succeed in doing so. As to why 401k plans often have high-cost actively managed funds, there are several reasons. A most important one is that there are numerous companies that act as administrators of 401k programs and these companies put together package deals of 401k programs (funds, administrative costs etc), and small employers perforce have to choose from one of these packages.  Second, there are various rules that have come into existence since the first days of 401k (and 403b) programs such as the investment choices must include funds of different types, and actively managed funds (large cap, small cap etc) are one of the choices that must be offered. Gone are the days when the only choice was a variable annuity offered by the insurance company administering the 401k program. Finally, program participants also have hopes (cf. opening sentence) and used to demand that the 401k program offer a few actively managed funds, not just index funds.\""}
{"_id": "563729", "title": "", "text": "Oh my, i remember going through the Series 66... when i was at Morgan Stanley they provided learning material from Securities Training Corporation, or STC. I personally thought the STC material was okay in terms of preparing me for the Series 66...However, i heard a lot of good reviews/feedback around the office for Pass Perfect. https://www.passperfect.com/Series/66/Product/38  Hope this helps and good luck on the 66!! ;)"}
{"_id": "563732", "title": "", "text": "Take a look at apple.  It has no debt.  So the ev is basically mkt cap - cash.  Also remember market cap is the float * share price nothing else.  Obviously share price takes into account the assets of the firm into perpituituy but the way you phrased it, adding debt , didnt sound quite right to me.  We remove cash since someone buying a company isn't going to pay for your cash.  In the transaction cash is distributed to share holders then the company is sold."}
{"_id": "563744", "title": "", "text": "&gt; It's like they only care about personal short term gain and care little about being in the game for the long term.  That's pretty much it. If they can't be lending (and making interest), they aren't winning.  It's funny that the banks know as well as anyone that the worst place to leave money is in a bank."}
{"_id": "563769", "title": "", "text": "\"If you look at the definition of time value on Wikipedia, you may notice this line: Time value \"\"can be thought of as the price an investor is willing to pay for potential upside.\"\"  https://en.wikipedia.org/wiki/Option_time_value You are right to think that the time value is increasing as the moneyness increases from deeply OTM to ATM. Once the moneyness crosses the strike price threshold, per wiki's interpretation, the upside potential decreases as the underlying price moves away from the strike price. Think it as if an option is already deep in the money, the chance of it getting further ITM is slim. Hence the willingness to pay for that chance (aka. the upside potential) decreases.\""}
{"_id": "563778", "title": "", "text": "Do they even know how to find these people, short of using facial recognition or somesuch wizardry?  I mean I'm assuming they paid for the gift cards with cash.  Do you have to provide identifying information to activate them?"}
{"_id": "563782", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-26/the-market-will-kill-oil-before-the-government-does) reduced by 84%. (I'm a bot) ***** &gt; Europe&amp;#039;s car market is set to undergo unprecedented changes over the next two decades, driven as much by economics as government policy.  &gt; In France too, more than 70 percent of new cars sold will come with a plug even without Macron&amp;#039;s new targets, the researcher said.  &gt; &amp;quot;Given the rate of improvement in battery and electric-vehicle technology over the last 10 years, by 2040 small-combustion engines in private cars could well have disappeared without any government intervention,&amp;quot; Alastair Lewis, a professor at the National Centre for Atmospheric Science at the University of York, said in an email.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pz2dv/the_market_will_kill_oil_before_the_government/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177227 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Car**^#1 **oil**^#2 **new**^#3 **percent**^#4 **company**^#5\""}
{"_id": "563798", "title": "", "text": "\"You got out in time, great, but how did you know when to get back in? The internet is littered with threads by people who got out (in advance, or during), then didn't get back in in time, because the recoveries didn't 'feel real'. Some people are still sitting out, just hoping against hope the market crashes - but it probably won't to those 2009 levels.  I recommend looking at [Trinity Study](https://www.bogleheads.org/wiki/Safe_withdrawal_rates) results as a place to start getting a sense of portfolio longevity when totally out of the market. The reality is that all cash (which is basically a zero-duration bond) is a dangerous position, as is all stocks. A balanced portfolio gives you diversification, the only \"\"free lunch\"\" in investing.  Better to not try and time your way in and out of the market, but rather glide within a range (Benjamin Graham recommends no more/less than 75/25, 25/75). If you want to skip the research headaches, stick with a 'total bond' or 'intermediate-term bond' fund (or Google around for 'lazy portfolios').  The real key is not to let emotions drive your decisions - it always 'feels different this time' until it isn't. Much better to set a target portfolio of stocks/bonds (rule of thumb: imagine you might lose half the stock portion in a downturn) then ride it out. That way you don't have to worry about being at one extreme or the other.\""}
{"_id": "563804", "title": "", "text": "Where I work they hire unskilled to learn machining.  Except they don't want to learn and are not good with computers and have no idea, or care, what 'making rate' means. The few skilled people they have left don't have any intention of training anyone, there is no money in it for us, only makes the owner richer.  None of us have had a raise in years and we already know how to get by on less.  We don't care if the owner has to turn away work for his machines.   The super rich wanted a drugged up, dumbed down, and pacified population.  Now they have it and that will cost the rich man money, just as the super rich want.    I can help fix that problem at the place where I work, but not for free.  A fat 2 digit raise or do it yourself."}
{"_id": "563812", "title": "", "text": "If you are a citizen of India and working in Germany, then you are most likely an NRI (NonResident Indian). If so, you are not entitled to hold an ordinary Indian bank account, and all such existing accounts must be converted to NRO (NonResident Ordinary) accounts. If your Indian bank knows about NRO accounts, then  it will be eager to assist you in the process of converting your existing accounts to NRO accounts most likely it also offers a money remittance scheme (names like Remit2India or Money2India) which will take Euros from your EU bank account and deposit INR into your NRO account.  Or, you can create an NRE (NonResident External) account to receive remittances from outside India.  The difference is that interest earned in an NRO account is taxable income to you in India (and subject to TDS, tax deduction at source) while interest earned in an NRE account is not taxable in India.  The remittance process takes a while to set up, but once in place, most remittances take 5 to 6 business days to complete."}
{"_id": "563826", "title": "", "text": "The problem you're talking about can be handled the same way now until better alternatives appear. I'm simply talking about improving the existing infrastructure to carry out these trades. Instead of holding a number on charles schwab account, you hold a token which is the same as a stock certificate of ownership."}
{"_id": "563831", "title": "", "text": "The same as you would for an individual stock. A stock starts the year at $100, and has $4 in dividends over the year, why would the fact the the stock ends the year at say $90, confuse you?  You pay tax on the dividend at the favored rate, if held in a taxable account, obviously, and that's about it."}
{"_id": "563842", "title": "", "text": "\"The carry forward refers to the \"\"annual allowance\"\", which is a limit on the total pension contributions you can make and still get any tax relief at all.  However, the tax relief itself only applies to the year you make the contribution, and you can't carry the contribution itself back or forward to get relief at a higher marginal rate. So, in scenario (1) you get \u00a32K relief and your provider gets \u00a32K relief. But the actual contribution you should make to your provider is \u00a38K. They'll add in the \u00a32K to make a \u00a310K gross contribution, and then you'll claim back the \u00a32K leaving you having contributed \u00a36K net for the \u00a310K gross contribution. The mechanism whereby the pension provider claims back the \u00a32K is called \"\"relief at source\"\". For scenario (2) you'll only get basic rate tax relief on the second \u00a310K, because you'll have already reduced your gross income for the year below the higher-rate threshold with the first \u00a310K. If you managed to make pension contributions in excess of the annual allowance even considering carry-forward, then you'd get no tax relief at all on those contributions. Given that the pension would also get taxed when paid, this is not a good deal and people generally avoid exceeding that limit. For (3) I'm not entirely certain, but I think you can carry forward in the circumstances you describe. I think the principle is simply that you could have paid into a pension scheme. In practice I also don't think HMRC will be worrying too much about this precise detail even if they have the opposite interpretation - it'd be a lot of work to check for not much gain.\""}
{"_id": "563843", "title": "", "text": "The headline mentions Harbinger Capital because they were making news this weekend because of an on-going SEC investigation. [Harbinger Capital Partners has been put on notice by the Securities and Exchange Commission that it could face a lawsuit for securities-fraud violations, according to published media reports.] (http://www.thestreet.com/story/11340855/1/harbinger-capital-gets-wells-notices.html)"}
{"_id": "563848", "title": "", "text": "Thank you ElPsyCongrou for voting on I\\_am\\_a\\_haiku\\_bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "563861", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.businessinsider.com/debt-ceiling-trump-mint-coin-2017-5) reduced by 95%. (I'm a bot) ***** &gt; The Treasury has used &amp;quot;Extraordinary measures&amp;quot; to extend the timeframe on the debt ceiling by suspending some investments in federal retirement funds and slowing the pace of debt issuance.  &gt; The debt ceiling, on the other hand, allowed Congress to exert some influence over spending and debt issuance while making it easier for the Treasury to effectively finance operations.  &gt; The Freedom Caucus, which continually pushes for debt reduction and curtailed spending, even went as far as taking an official position in May that it would not support any debt ceiling bill without concessions on spending cuts.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gqjwi/trump_is_starting_to_draw_battle_lines_with/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~142029 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **debt**^#1 **ceiling**^#2 **limit**^#3 **Treasury**^#4 **Trump**^#5\""}
{"_id": "563879", "title": "", "text": "It's the truth. It's not dodging if it's legal. Shitty? No doubt. But, the main problem with that is that smaller companies and individuals aren't able to do the same thing.   That's why it's wrong; it's only legal because big companies can lobby representatives to make it happen. Small guys have no love.   The 35% corporate tax rate argument is mostly bullshit because most large corporations don't pay anywhere near that. It's only those without the tax shelters that have to worry about it."}
{"_id": "563884", "title": "", "text": "Western Union is one way to send emergency cash to a family member. It seems suspicious as a method of goods payment because many frauds have used it as a means of collecting irreversible payments. EBay and Paypal would be a better more trustworthy way to sell to usa customers.   Most USA banks need a USA address for the account owner..... But you may not need a USA bank account as PayPal can store and exchange funds to other currencies."}
{"_id": "563931", "title": "", "text": "We asked the same question earlier this year as my wife is a SAHM with 2 young boys (5 and under). If something happened to her I'd have to quit work or change careers to stay home to raise them or something. We ended up getting a decent 20 year level TERM policy that will cover the care of both boys for many of their younger years. The cost is negligible but the piece of mind is priceless."}
{"_id": "563957", "title": "", "text": "Journalist here, i work for a small town newspaper, there's still integrity, nothing about journalism has changed, its the perception of the consumers that has and for reasons that do confuse me a little.   As far as filtering out sources based on illegitimacy then go to the financial source of the organization, is it funded through donations, advertising revenue, subscriptions, or state funded? These details can often tell you a lot about the biases of the organization."}
{"_id": "563959", "title": "", "text": "It's doable, but there's a fair amount of risk involved. The biggest issue is that your roommates could move out. It's possible that they could have a falling out, get a job in a different city, or just move on. How difficult would it be to find another roommate? How many roommates can you lose and still afford to pay the mortgage, insurance, taxes, and all the rest of your living expenses? Even if you you retain all of your roommates until the mortgage is paid off, there's still some risk involved. If you were to lose your job, could you continue to make mortgage payments? Worst case scenario is that you could become unemployed for a time while home values in your State/City/neighborhood are crashing. Last, the position on landlord has the potential to be lucrative, but also comes with a fair amount of responsibility. It will be a drain on your time to maintain the house and to make sure you always have tenants. I know you said that your roommates are good about paying on time, but are you willing to evict a friend because they won't/can't pay rent? It's easier to ask the landlord for an extension on rent when you're friends. All that being said, I think that this idea is worth considering. My recommendation is that you consider every aspect of it, and proceed cautiously if you choose to do so."}
{"_id": "563974", "title": "", "text": "\"&gt;Of course, this is true as long as you ignore issues like New York policeman spiking their overtime by working as flagmen on construction projects.  A POLICEMAN.. dont you know if one person gets welfare that doesnt deserve it, we should throw out the entire system.. right?  &gt;The unions have done a great job focusing anger on the banks,  yeah cuase it was unions that crashed the worlds economy. IT was unions that created derivatives, it was unions that created sub prime lending, it was unions that created \"\"liar loans\"\" right?    &gt;but the states and cities are going to keep going bankrupt.   Ok big quiz here, please turn down fox news for this one.  WHAT HAPPENS TO STATE FINANCE'S IN A RECESSION?  what happens to tax receipts? and what happens to spending on things that help the poor?  I'll wait on you to think about it, I will not wait on you while you wait  for fox to tell you the answer  Bonus question since you are not going to bother the answer the one above.  What is the program called \"\"[starve the beast](http://en.wikipedia.org/wiki/Starve_the_beast)\"\", who started it, what is its purpose, and what it it;s methodology?\""}
{"_id": "563986", "title": "", "text": "But is the money saved taxable? Not sure I understand the Question. If say you have salary of Rs 5 Lacs, after paying taxes and expenses, lets say you save Rs 1 lacs. If you keep this 1 lacs in savings account. You will get interest. If this interest is less than Rs 10,000/- it is not taxable. If it is more that Rs 10,000 then the additional amount is taxable. i.e. if you get a savings bank interest of Rs 15,000/- the difference Rs 15,000 minus Rs 10,000; i.e. Rs 5000 is taxable. Note if you keep the 1 lacs in Fixed Deposits, then all interest even if you get Rs 1 is taxable. Edit: If you invest the Rs 1 lacs in Tax Saving FD [lock-in period of 6 years], then Yes. You can claim deduction under section 80C."}
{"_id": "563991", "title": "", "text": "\"Company in crisis. CEO bails. That's some bold leadership right there.  There's nothing unprecedented about Samsung executives facing prison time. They have a long history of this  \"\"I've thought about this a long time and I can no longer get away with it so I am jumping ship before I get caught. It's time to let a new generation inherit the problems we have been sweeping under the carpet because I no longer want to deal with them and already have so much money I can't possibly spend it all. Later, suckers!\"\"\""}
{"_id": "564005", "title": "", "text": "Brains use about 20W. For 7 billion people, that's 140 GW.  According to [wikipedia](http://en.wikipedia.org/wiki/World_energy_consumption), world energy consumption is about 15 TW.  Of course, you would have to budget for inter-consciousness communications, but this might be more approachable than it seems."}
{"_id": "564006", "title": "", "text": "My Google Home does a good job of recognizing my voice and using guest mode for other people using it but you made a fair point about controlling connected home devices - I wouldn't use a voice authenticated door lock.  But I don't see any evidence that my data over at Google or Amazon is vulnerable. Sure, there's some exposure and risk I have to accept but to argue that it's unsecured and that someone could get unauthorized access to it is extremely presumptuous."}
{"_id": "564007", "title": "", "text": "Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&amp;Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.  https://www.ft.com/content/23ab8a02-5787-11e7-80b6-9bfa4c1f83d2?mhq5j=e1   By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. Dismiss cookie message Accessibility helpSkip to navigationSkip to contentSkip to footer    Financial Times MYFT HOME WORLD UK COMPANIES MARKETS OPINION WORK &amp; CAREERS LIFE &amp; ARTS Portfolio My Account    HOME WORLD UK COMPANIES MARKETS OPINION WORK &amp; CAREERS LIFE &amp; ARTS MYFT Bank stress tests  Add to myFT US banks pass first round of annual stress tests  Clean bill of health from Federal Reserve opens door to increased shareholder payouts Read next Week in Review Week in Review, July 1   \u00a9 AFP Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Email4 Save JUNE 22, 2017 by: Alistair Gray and Ben McLannahan in New York and Barney Jopson in Washington US banks have big enough capital buffers to keep trading through an economic meltdown, regulators said on Thursday, in a finding that improves their chances of boosting payouts to shareholders.  In the first round of this year\u2019s stress tests, the Federal Reserve probed how 34 banks would fare in a financial and economic slump in which the unemployment rate doubles and the stock market loses half its value. The central bank calculated that the banking sector would endure $493bn in losses in the simulated downturn.  Yet officials concluded that the banks would emerge from the crash \u201cwell capitalised\u201d, with cushions of shareholder funding still above the Fed\u2019s minimum required levels.  The largely upbeat results augur well for US banks as the Fed prepares to unveil the results of the tests\u2019 second round next week, when investors will learn how much capital they can return through dividends and share buybacks.  However, the figures released on Thursday do not foretell what the Fed will say about payouts, not least because regulators can approve or block US banks\u2019 capital plans on qualitative as well as quantitative grounds.  Lex Bank stress tests: chilled The once-vital check on the industry\u2019s health is outliving its usefulness   UBS analysts estimate that the four biggest by assets \u2014 JPMorgan, Bank of America, Citigroup and Wells Fargo \u2014 will be able to return a net $59.8bn this year, rising to $72.3bn in 2018.  Citi and Morgan Stanley could be among about a dozen banks that will make requests to return more than 100 per cent of their annual earnings to shareholders, according to Goldman Sachs analysts.  Despite the positive stress test results, not all investors would be comfortable with such a bonanza. Bill Hines, a fixed-income investment manager at Aberdeen Asset Management in Philadelphia, said the prospect of payouts in excess of profits \u201cdoes scare us a little bit\u201d.  \u201cIf the safety blanket is pulled away\u2009.\u2009.\u2009.\u2009that may come to the detriment of capital and safety.\u201d  Across-the-board passes for the stress-test are \u201ca good thing,\u201d he said, as it shows that banks have rebuilt capital levels substantially since the crisis. \u201cBut from a creditor\u2019s standpoint you don\u2019t want to see all the profits go out the door.\u201d   While banks have already told the Fed what they propose to do on dividends and buybacks, they are now able to make more conservative payout plans if, based on the first-round results, they think it will reject them in the second round.  Related article Regulators back Trump on looser financial rules Officials endorse Volcker rule revamp and bank relief from burden of \u2018stress tests\u2019   The regulator\u2019s simulated downturn lasts for nine quarters. Banks\u2019 overall loan losses and declines in capital under the worst crisis scenario were smaller than in last year\u2019s stress tests, Fed officials said.  Still, the test found that some banks would come close to breaching regulatory minimums during the meltdown on some metrics. For instance, Morgan Stanley\u2019s \u201csupplementary leverage ratio\u201d \u2014 a new measure of financial strength that takes effect in 2018 \u2014 would drop as low as 3.8 per cent compared with a required level of 3 per cent.  The results also drew attention to banks\u2019 exposure to credit card lending. The Fed found banks would suffer the biggest losses in their card portfolios in the hypothetical crisis.  Fed officials said that partly reflected a rapid expansion in the size of banks\u2019 credit card assets and rising delinquency rates in the real world.  Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don't copy articles from FT.com and redistribute by email or post to the web. Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Email4 Save Latest on Bank stress tests Week in Review Week in Review, July 1 Fed stress tests give $1.6bn boost to Buffett Fed gives nod to \u2018payout party time\u2019 for banks Lex US banks: feeling special Premium Stress tests clear big US banks for $100bn payout Read latest Week in Review Week in Review, July 1 Latest on Bank stress tests Add to myFT Week in Review Week in Review, July 1 US banks pass test; Google, Takata, Fox and M&amp;A also in the news   Banks Fed stress tests give $1.6bn boost to Buffett Investor is one of the largest holders of US bank stocks and will reap big dividends Analysis Bank stress tests Fed gives nod to \u2018payout party time\u2019 for banks Buybacks and dividends set to soar after industry passes latest stress test Latest in Banks Add to myFT Central Banks BoE successfully tests new payment method \u2018Interledger\u2019 programme synchronises transactions between two central banks 3 HOURS AGO   US banks US consumers set to be given power to sue banks Financial institutions express fury at CFPB proposal that could spur class actions UK banks BoE warns UK banks on accounting practices PRA chief Sam Woods says lenders should \u2018expect questions\u2019 on balance sheet trickery Follow the topics mentioned in this article JPMorgan Chase &amp; Co. 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{"_id": "564019", "title": "", "text": "At lesskart.com, grab exciting best loot deals today on more than 9000+ products of top brands and save huge amount of money. We are perfect platform to get astounding coupon and promotional codes on your favorite brands. Visit website!"}
{"_id": "564037", "title": "", "text": "*Volatility and the VIX can be very tricky to trade.  In particular, going out longer than a month can result in highly surprising outcomes because the VIX is basically always a one month snapshot, even when the month is out in the future."}
{"_id": "564063", "title": "", "text": "For an app that's distributed on the internet at large (which pretty much rules out mobile for a general audience, but setting that aside...) your only protection is either a) trust the company, or b) trust the community to have audited the source code. A new startup shouldn't be trusted enough for (a). For (b) it's not every individual user that needs to understand all the implications, but an app that becomes semi-popular would likely attract enough geeks who have audited the source code or tested the app in a sandbox to raise red flags if anything is awry. Hopefully anything truly nefarious would lead to an outcry the would scare away even a non-technical user (it's certainly debatable whether this is realistic but it's not far-fetched).  To be even remotely popular with a general audience though, an app like this would need to be distributed through the walled-garden app stores from Apple/Google/Microsoft. In that case users are trusting the gatekeeper to exclude an app that was discovered to be doing something malicious. This provides some protection even if the source code is hidden."}
{"_id": "564069", "title": "", "text": "\"The short answer: zero. dg99's answer gives some good reasons why.  You will basically never be able to achieve diversification with individual stocks that is anywhere close to what you can get with mutual funds.  Owning individual stocks exposes you to much greater risk in that random one-off events that happen to affect one of the companies you own can have a disproportionate effect on your assets.  (For instance, some sort of scandal involving a particular company can cause its stock to tank.) There are only two reasons I can see to invest in individual stocks: a. You have some unique opportunity to acquire stock that other people might not be able to get (or get at that price).  This can be the case if you work for a privately-held company that allows you to buy stock (or options), or allows you to participate in its IPO.  Even then, you should not go too crazy, since having too much stock in the company you work for can double your pain if the company falls on hard times (you may lose your job and your investment). b. For fun.  If you like tracking stocks and trying to beat the market, you may want to test your skills at this by using a small proportion of your investable cash (no more than 10%).  In this case you're not so much hoping to increase your returns as to just enjoy investing more.  This can also have a psychological benefit in that it allows you to \"\"blow off steam\"\" and indulge your desire to make decisions, while allowing your passive investments (index funds) to shoulder the load of actually gaining value.\""}
{"_id": "564112", "title": "", "text": "'In credit' means you have money in your account. It would say 'overdrawn' or something similar if you went into overdraft."}
{"_id": "564117", "title": "", "text": "Not sure either :( I see you're a student too, do you know of any other subreddit or forum where I could ask for advice?  Tbf right now I'm just compiling a list of papers about valuation of loss firms or intangibles and I'll read them tomorrow. I'd like to find a model to test too.  Here's what I got (I'm still only just scratching the surface): https://we.tl/UaXmvSdwiF  I'm trying to get some stuff on loss firms valuation, intangibles impact, and discrepancies between market expectations and traditional models valuation."}
{"_id": "564129", "title": "", "text": "\"In short Yes, your father needs to pay tax. Please consult a CA so that he can advice you better.  In your father's case at the time of purchase it was agricultural land. However at the time of sale, it seems it was Urban, N.A. Land. A C.A. would advice you the exact exemptions and gains. If it was agricultural land at the time of selling, the Section 54B: \"\"Exemption from Capital Gains on transfer of Agricultural Lands in certain cases\"\" would be applicable if your Dad was doing agricultural activity on this land, and after selling has purchased a similar land.\""}
{"_id": "564156", "title": "", "text": "It could be that your friend is being scammed into recruiting you as another victim. So it is vaguely possible that this isn't malicious on their part. However, it is a scam if they are asking for your credit card info without a completely clear and good reason it's necessary. Which they have failed to do. That is reason enough to assume it's a scam, illegal, or both. Run. And seriously consider whether these are really people you can trust on anything, never mind money. At best they're gullible."}
{"_id": "564180", "title": "", "text": "My bank charges me on my statement for debit transactions, but rewards me with bogo points when I run transactions as credit. AFAIK, retailers are prevented by contract with VISA et all from recouping the merchant fee from you (instead they can mark up all prices and offer a 'cash discount'), not that you'll be able to convince your vietnamese grocer of this. The difference between debit and credit fees is large enough that even these small tricks by the bank can mean a lot of money for them. Since most retailers accept either, they recruit me into their profit game with carrots and sticks.  I've since moved to an actual cash back credit card and haven't regretted it yet."}
{"_id": "564197", "title": "", "text": "In the US, and I suspect in most of the developed world, one major point of a corporation is limited liability.  The stockholders are not on the hook for liabilities beyond their investment.  If the company does something terrible, or fails economically, it goes bankrupt.  Usually the stockholders have their investment wiped out, but they are guaranteed that they do not have to pay more in to any settlement."}
{"_id": "564206", "title": "", "text": "Here's my take on it (and quite a few people might disagree) - student loans aren't bankruptable, so they'll stay with you forever. So if you want to reduce your risk over time and have a funded emergency fund and some cash put aside for, say, a car or another major expense, then I'd try to throw money at the student loan to get rid of it quickly."}
{"_id": "564214", "title": "", "text": "In India the only way to short a stock is using F&O which I personally find to be sufficient for any shorting needs. However, Futures can be generally sold for upto 3 months but options have more choices which are even upto 5 years you can buy a put of a longer duration and when you want to do buy-back, you can directly sell the same option by squaring-off the trade before expiry date. You generally get approximately the same profit as shorting but you get to limit your risk."}
{"_id": "564255", "title": "", "text": "Because we all want big screen tvs. You can work 10 hours week in this  day of age and have a better life than our ancestors. But not materialisticly satisfying.    It takes 3 hours to set up a garden to feed your family and you have to work it less than an hour a week. But no one does it."}
{"_id": "564271", "title": "", "text": "gnasher729, was able to see my problem here. It was a silly oversight. It's not 50p a share, its 0.5p a share. @Bezzzo: The dividend is not 50p per share, it is 0.50p per share -   half a penny per share. Thanks!"}
{"_id": "564299", "title": "", "text": "Then at the end, if you decide to cash in your house, you can roll the   proceeds into a fancier house to avoid paying taxes on your profit. The problem is that the book was written in 1989. That comment is no longer true; that part of the tax law changed in the 1990's. Also in 1989 the maximum amount that person could put in an IRA was $2,000 and hadn't been raised for almost a decade and wouldn't be raised for another decade. Roth accounts didn't exist; nor did HSA's or 529's. Most people didn't have a 401K. You are asking to compare what options we have today compared to what was available in the late 1980's.  For me except, for the years 2001-2005 and 2010-2015, the period from 1988 until now has had flat real estate values. Still the current values haven't returned to the peak in 2005. The score is 11 great years, 17 flat or negative. I know many people who during the 1990's had a zero return on their real estate."}
{"_id": "564301", "title": "", "text": "The paper check method also allows the bank to use your money while the check is in the mail.   My bank debits my account immediately, so while my $100 utility bill is traveling the U.S. Postal System for two days, they can make use of my $100 in whatever slush fund they like."}
{"_id": "564318", "title": "", "text": "If he actually just learned this today, there's a very good chance he is exactly a first year business student in his first/fall semester.  Edit: Since this topic is pretty much a nerdy business meme that everyone knows at this point, he may actually classify as one of today's 10,000."}
{"_id": "564338", "title": "", "text": "http://www.pacificrubiales.com/investor-relations/reports.html does have financial reports on their website for the example you list.  There is the potential for some data to not be easily imported into a format that Yahoo! Finance uses would be my guess for why some data may be missing though an alternative explanation for some companies would be that they may not have been around for a long enough time period to report this information,e.g. if the company is a spin-off of an existing company."}
{"_id": "564344", "title": "", "text": "Yeah, me too, as I said. Actually what I'd really prefer is single payer, but failing that, getting health insurance separated from employment would be a big step forward. If people really knew how much they are paying for health insurance, things would change.  I've never worked for an employer that didn't renegotiate health insurance every year, often changing insurance providers every year. To the extent that HR departments are competent in finding the best value, the current environment is pretty dynamic and competitive. Are individuals going to be as competent and well informed as HR departments? I don't know, but I do know that simply making a market free doesn't guarantee lower prices if consumers are ill-informed and bad at making decisions.  As for wages, currently companies are not required to carry health insurance, and many have dropped it already without increasing wages, so I don't see an upward pressure on wages from greater employee mobility.  But it's true that if there were a single large pool for insurance to be based off of, large businesses would no longer get the pool advantage of health insurance over small businesses. Hence my preference for single-payer, or single-group/multi-payer."}
{"_id": "564345", "title": "", "text": "If you are a subprime borrower, that may not be an unreasonable rate given the risk they are accepting. In any case, it's what you agreed to. As others have said, you could/should have shopped elsewhere for the loan. In fact, you can still shop elsewhere for a loan to refinance that vehicle and thus lower the rate, unless the existing loan has equally obnoxious rules about that."}
{"_id": "564352", "title": "", "text": "\"Frequent flyer here...generally, I've found airline staff to be pleasant and professional.  There have been some exceptions, but they probably contend with more high stress situations (including asshole customers) than many professions.   Now, as a 6'5\"\" guy, if they can stop making the seats/knee room smaller every year, I'd be a LOT happier.\""}
{"_id": "564353", "title": "", "text": "I just called options express, and apparently you need a margin account for futures and options, but you don't NEED margin to trade futures. I will have to debate the merits, but I think I may try playing with it once I build up my regular stock account."}
{"_id": "564358", "title": "", "text": "The reason is the same as with cell phones payment plans. As competition grows cell phone companies offer better payment plans for the same price or the same plans for lower price or both so that you stay with that cell operator. Banks also make better offers if the financial situation allows. Suppose several banks offer refinancing with better terms but prohibit refinancing loans from the same bank. Okay, you refinance from another bank and them maybe refinance the new loan again from the original bank - it's a new loan after the first refinance and prohibition no longer works. They just make you jump through more loops and it doesn't make sense neither for them nor for you"}
{"_id": "564364", "title": "", "text": "Did you read Soichiro Honda's biography? He is the founder of Honda Motor. His plant was destroyed by an earthquake, and then he proceeded to build another factory which, as World War II broke out, was lost again with his money, and many of his friends', but he started again."}
{"_id": "564369", "title": "", "text": "It is not your brokerage's responsibility to tell you **what** to buy, whether explicitly, or implicitly through their fee structure.  This is **not** an article about Robin Hood.  It's an argument condemning all active investing with repeated mostly-irrelevant mentions of Robin Hood as one of the hundreds of entities that makes that possible."}
{"_id": "564376", "title": "", "text": "As a computer security enthusiast who is still a bit of a noob... how do I know these sha1 generators don't store my password as well? Granted, I guess they couldn't associate it with my account but if I were an unethical person I would put one of these up and use it to collect things that people queried to add them to a database of pw/hash combos to check."}
{"_id": "564384", "title": "", "text": "\"&gt; but in the end these are the same people that sabotage infrastructure improvments and who hold their girls from bring educated becsuse some book tells them feudal way of life is more godly.  Not sure what infrastructure you're talking about as it's never really existed in the region. Also South Sudan is heavily NON-Muslim (part of the main reason why they became South Sudan - the religious conflict between them and what is now just \"\"Sudan\"\"). Neither the boys or girls are educated past a certain age in South Sudan. A lot of it is tribal, and they defer to their tribal responsibilities.\""}
{"_id": "564389", "title": "", "text": "The kraemerlaw is a business, tax, and immigration law company in United States. which provides Real Estate Donation empty land, house, mechanical, private, business property and gives  the way to appreciate what might be a generous assessment reasoning all at the cost of helping other people. a magnanimous land gift remains as a sensible move for people and corporate benefactors alike. The value from your land gift helps Giving Center proceed with its main goal and bolster numerous noble motivations that need our assistance."}
{"_id": "564393", "title": "", "text": "You do realize that compulsive charity isn't charity at all, right? If you take the moral agency out of the equation, it's simply wealth redistribution plain and simple.   John 12:8 seems to take the wind out of your sails on your search for the only real deadly sin in the age moral relativiam: hypocrisy."}
{"_id": "564394", "title": "", "text": "If you have enough medical expenses to empty your HSA tax free, that is certainly an option. However, you have another option. You could roll your HSA funds over to a different HSA that has better investment options. Doing this has a huge advantage over any other taxable account or retirement account: it will grow tax free, and you will be able to withdraw tax free at anytime, as long as you accumulate enough medical expenses to cover your gains.  If you don't have a lot of money in your HSA now, it might not be worth the effort to maintain an HSA and continue to track your medical expenses. But if you have enough in there to invest, moving it to an investable HSA is probably a better option than simply moving it to a taxable account."}
{"_id": "564396", "title": "", "text": "Day traders see a dip, buy stocks, then sell them 4 mins later when the value climbed to a small peak. What value is created? Is the company better off from that trade? The stocks were already outside of company hands, so the trade doesn't affect them at all. You've just received money from others for no contribution to society. A common scenario is a younger business having a great idea but not enough capital funds to actually get the business going. So, investors buy shares which they can sell later on at a higher value. The investor gets value from the shares increasing over time, but the business also gets value of receiving money to build the business."}
{"_id": "564408", "title": "", "text": "\"Assuming the numbers in your comments are accurate, you have $2400/month \"\"extra\"\" after paying your expenses.  I assume this includes loan payments. You said you have $3k in savings and a $2900 \"\"monthly nut\"\", so only one month of living expenses in savings. In my opinion, your first goal should be to put 100% of your extra money towards savings each month, until you have six months of living expenses saved.  That's $2,900 * 6 or $17,400.  Since you have $3K already that means you need $14,400 more, which is exactly six months @ $2,400/month. Next I would pay off your $4K for the bedroom furniture.  I don't know the terms you got, but usually if you are not completely paid off when it comes time to pay interest, the rate is very high and you have to pay interest not just going forward, but from the inception of the loan (YMMV--check your loan terms). You may want to look into consolidating your high interest loans into a single loan at a lower rate.  Barring that, I would put 100% of my extra monthly income toward your 10% loan until its paid off, and then your 9.25% loan until that's paid off.  I would not consider investing in any non-tax-advantaged vehicle until those two loans (at minimum) were paid off.  9.25% is a very good guaranteed return on your money. After that I would continue the strategy of aggressively paying the maximum per month toward your highest interest loans until they are all paid off (with the possible exception of the very low rate Sallie Mae loans).  However, I'm probably more conservative than your average investor, and I have a major aversion to paying interest.  :)\""}
{"_id": "564420", "title": "", "text": "I haven't looked at that warranty in detail, but generally speaking this should help. What is GAP insurance? In the case of a total loss/write off gap insurance covers the outstanding finance after your regular insurance pay out. The two won't match up usually because of the depreciation right after you buy the car. For example, if you take out $20,000 finance and buy a car, then write it off after six months, your insurance company may only value it at $16,000 but it's unlikely you will have cleared $4,000 from your finance. Gap insurance will pay out the difference and settle the debt. Will Chrysler change the engine, if it comes to bhore? Yes, unless they identify misuse or deliberate damage. For instance, if you do 1000 miles and the engine explodes, it's a mechanical fault that the warranty would cover. If they open up the engine/look at diagnostics and find it's been thrashed to within an inch of it's life, they may claim it was your driving which has destroyed the engine and you would have to prove it was an underlying fault and would have blown either way. Will car dents be covered with this bumper to bumper insurance? Not likely, as I mentioned in the last point, if it's your fault it wouldn't be covered. I think you may be confusing the terms insurance and warranty at this point. Insurance would cover your dents but a warranty only covers the manufacturer's faults, even in the case of extended warranties. What does basic mean in terms of warranty? Sounds obvious, but whatever Chrysler want it to mean! There's no legal definition of 'basic' so you would need to check the documents thoroughly or ask them to explain exactly what is and isn't covered. If they're reluctant, it's probably because 'basic' covers very little..."}
{"_id": "564428", "title": "", "text": "This company is doesn't actually sell tangible goods.  Just a process.  And apparently fails at succeeding?  Sheesh.   I bet the owner dropped out of college, is constantly seeking initial investors for random ideas to come to life, gets money, buys more coke."}
{"_id": "564436", "title": "", "text": "I think the biggest reason is price; it's a lot cheaper now than it was to offer these.  That's because for the most part, when you get a credit score for free, you're not getting a true FICO score.  You're getting instead a VantageScore. VantageScore was created by the three credit bureaus, and as such they can offer it without paying Fair Isaac a licensing fee.  That makes it a lot cheaper to offer, and while it's not absolutely identical to FICO (or more accurately to any of the FICO provided scores) it's close enough for most peoples' purpose. And of course undoubtedly Fair Isaac has some price pressure on their side now that Vantage is big enough that many people see them as fungible.  As such they've had to make it easier, or they'd lose business - no longer being a monopolist. The other relevant piece here is that probably in many of these cases they're really just offering you what Experian would give you directly - so it's just a cross-marketing thing (where Experian, or perhaps another bureau, gets access to you as a customer so they can up-sell you ID theft insurance and whatnot, while the bank gets to offer the free score)."}
{"_id": "564449", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [What sank Sears Canada? The inside story of its downfall: It was once Canada's largest and most successful department store chain. Now, it's in liquidation. Customers are angry. Pensioners are worried. And 16,000 are out of work with no severance pay](https://np.reddit.com/r/talkbusiness/comments/783dbi/what_sank_sears_canada_the_inside_story_of_its/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "564453", "title": "", "text": "It will depend on how much you expect to earn this way, and whether you expect the company to become profitable soon. Has the company just not made a profit yet, or has it actually made a significant loss that your invoices would just be offsetting? If you're earning over \u00a310,000 per year then invoicing through the company is preferable. Above that level, you'd be taking money from the company as dividends after paying 20% corporation tax with no other tax to pay on your personal tax return. As a sole trader you'd be paying 20% income tax and 9% NI. (Note however that the company can only pay dividends from profits, which is a problem if there are significant losses to offset.) Below \u00a310,000, there's little difference. Through the company, you can take a salary of \u00a37956 per year without paying any income tax or NI. With the new \u00a32000 discount on employers' NI you could then take salary up to \u00a310,000 and just pay 12% employee's NI. As a sole trader, you pay 9% Class 4 NI over \u00a37956 and a fixed \u00a3143 per year for Class 2 NI. Paying 9% rather than 12% saves you \u00a360, but then you add the \u00a3143. In practice the company would work out more expensive at this level because you'll probably want to pay an accountant to deal with the payroll for you. Having the company repay your \u00a32000 from the invoices doesn't really save any tax if the company will become profitable in the future. You don't pay any tax now since the money you receive isn't income, and the company doesn't pay any tax if the extra \u00a32000 of revenue doesn't put it back in profit. However, if the company is profitable next year then it will have an extra \u00a32000 of profit that would otherwise have been offset against this year's loss, and you do end up paying 20% corporation tax on the \u00a32000. You could still have the company repay the loan in order to delay the tax liability, but it's not really tax free money. Loaning additional money to the company has no tax benefit, you just give the company \u00a31000 and get your original \u00a31000 back later. You pay no tax and neither does the company, but it was your money in the first place."}
{"_id": "564454", "title": "", "text": "My reading list for someone just getting into personal finance would include the following I know it's a bunch but I'm trying to cover a few specific things. Yeah it's a bit of reading, but lets face it, nobody is going to care as much about your money as YOU do, and at the very least this kind of knowledge can help fend off a 'shark attack' by someone trying to sell you something not because it's best for you, but because it earns them a fat commission check. Once you've covered those, you have a good foundation, and oh lord there's so many other good books that you could read to help understand more about money, markets etc..  Personally I'd say hit this list, and just about anything on it, is worth your time to read. I've used publishers websites where I could find them, and Amazon otherwise."}
{"_id": "564455", "title": "", "text": "\"Computer advances increasingly let manufacturers customize orders and ship goods faster. In the new world, making products in faraway low-wage countries like China can be a disadvantage: It can take too long - weeks, months - to ship finished products to the United States.  \"\"This is about customer proximity,\"\" said Michael Mandel, chief economic strategist at the Progressive Policy Institute. \"\"You develop a sustainable and durable advantage against overseas competition.\"\"  Mandel said the growing trend would have emerged regardless of who occupied the White House. Still, President Donald Trump took the opportunity to take some credit Wednesday for the Foxconn announcement, saying it \"\"definitely\"\" happened because of his election and his pursuit of tax and regulatory cuts.   [source] (http://hosted.ap.org/dynamic/stories/U/US_BC_US_AMAZON_AND_FOXCONN_SPEED_TO_CUSTOMERS?SITE=AP&amp;SECTION=HOME&amp;TEMPLATE=DEFAULT&amp;CTIME=2017-07-27-03-16-36)\""}
{"_id": "564468", "title": "", "text": "Next year, the Fed plans on unwinding the Bonds and MBS.  They'll ramp up to $50 billion a month.  At the same time we'll be selling Bonds on the market to finance the debt at a rate of $70 billion a month.  I wonder who's going to have the cash to buy the Toxic MBS and the low yield Bonds they'll be unloading on top of the usual Bonds for future debt.  Those Bonds will have to pay double digit rates before anyone will buy them.  Future generations will just get even more screwed the way the Fed has it planned."}
{"_id": "564475", "title": "", "text": "\"You can file an LLC yourself in most states, although it might be helpful to use a service if you're not sure what to do to ensure it is correct.  I filed my LLC here in Colorado online with the Secretary of State's office, which provided the fill-in-the-blank forms and made it easy. In the U.S., taxation of an LLC is \"\"pass-through\"\", meaning the LLC itself does not have any tax liability.  Taxes are based on what you take out of the LLC as distributions to yourself, so you pay personal income tax on that. There are many good books on how to form and then operate an LLC, and I personally like NoLo (link to their web site) because they cater to novices. As for hiring people in India, I can't speak to that, so hopefully someone else can answer that specific topic. As for what you need to know about how to run it, I'll refer back to the NoLo books and web site.\""}
{"_id": "564488", "title": "", "text": "It's likely that your bill always shows the 24th as the due date. Their system is programmed to maintain that consistency regardless of the day of the week that falls on. When the 24th isn't a business day it is good to error on the side of caution and use the business day prior.  It would have accepted using their system with a CC payment on the 24th because that goes through their automated system. I would hazard a guess that because your payment was submitted through your bank and arrived on the 23rd it wasn't credited because a live person would have needed to be there to do it and their live people probably don't work weekends. I do much of my bill paying online and have found it easiest to just build a couple days of fluff into the schedule to avoid problems like this. That said, if you call them and explain the situation it is likely that they will credit the late charge back to you."}
{"_id": "564496", "title": "", "text": "Possibly you could use it as a hedging instrument if it's correlated in some way with another asset you're holding.  Even though it seems you're losing money with such a bond, that loss might be less than the hedging costs associated with other instruments."}
{"_id": "564511", "title": "", "text": "\"No country or place will be heaven. No matter how good a place is, heaven is partially defined as what is unattainable. This is also why \"\"the golden age is never the current age.\"\"  Part of what makes this country good is the free market and its capitalistic greed. If workers don't like what they're offered at Walmart, they are free to leave to a better paying competitor such as Costco.  I do agree with some of your statements about tax reform and political financing. However, people lose sight of what this country offers and bashing the US is a popular pastime on Reddit. If any of these people actually lived in some of the countries they often idolize (China), they would gain a newfound appreciation of the US.  As for the insults, they don't particularly help your case.\""}
{"_id": "564529", "title": "", "text": "the article mentions that the US uses internet espionage against foreign military threats instead of economic ones. is this true? if it is false can someone point me in the direction of an instance where it was found responsible for the the theft of some IP?"}
{"_id": "564531", "title": "", "text": "I wonder that if one of us were going to start the next SoundCloud (even though many great independent artist streaming sites already exist), how would we succeed where they failed? was it an issue of not monetizing early? Charging for memberships? Getting in bed with the record companies from the jump? Buying hot startups in music like Genius? Expanding into video content game like Buzzfeed, or physical products like Majestic Casual? This would be a great case study. What would you guys think?"}
{"_id": "564542", "title": "", "text": "In the case of an investment strategy, if you don't retain custodianship over your funds, or at least determine who is the custodian, then walk away.  You should be able to get accurate account statements from a trustworthy third party at all times."}
{"_id": "564548", "title": "", "text": "It is not a dump question because it concerns your most important invisible financial partner:the taxman. The answer depends of the legal status of this account. If your account is 401(k) in USA or RRSP in Canada, the answer is no. No capital gain taxes if your money is registered for retirement. You'll pay later on, as taxes are like death, unavoidable. Yes capital gain if your money is not in an retirement account. As soon as you realize a capital gain, it becomes taxable in that fiscal year."}
{"_id": "564553", "title": "", "text": "\"If the cheque is not crossed, then your friend can write \"\"payable to [your name]\"\" above his signature when he endorses it. If it is crossed, you'll have to deposit it into his account. Given that one can deposit cheques at ATMs, this shouldn't require his presence. Just make sure he endorses it before you leave! It also might take a few more days to clear.\""}
{"_id": "564554", "title": "", "text": "I think a greater problem would be the protection of your property right.  China hasn't shown much respect for the property rights of its own citizens - moving people off subsistence farms in order to build high-rise apartments - so I'm not certain that a foreigner could expect much protection.  A first consideration in any asset purchase should always be consideration of the strength of local property law.  By all accounts, China fails."}
{"_id": "564564", "title": "", "text": "Bahamas receives almost all of their income from producing nations that have strong tax policy.  Without that incline what do they have?   And Saudi and Qatar are both nations with some of the largest income inequality problems, and staggering problems with education, poverty, and care for the average worker.  Both countries also greatly supplement their labor with very cheap immigrant labor that are there almost on slave contracts. [I lived in the Middle East for almost 3 years] Not exactly good examples of the benefits of the free market..."}
{"_id": "564567", "title": "", "text": "I just finished working for a major retailer this past summer, and most retailers are freaking out because Amazon has a diversified enough portfolio that they can undercut everyone else's prices while maintaining revenue, but one day they will have to actually make a profit. Unfortunately, that's probably gonna happen after they've screwed everyone else out of the market and they can charge reasonable prices.   Retail is about to get a lot crazier folks. Grab your popcorn."}
{"_id": "564601", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-britain-economy/uk-stuck-in-slow-growth-gear-boe-on-course-to-raise-rates-idUSKBN1CF1F1) reduced by 86%. (I'm a bot) ***** &gt; LONDON - Britain&amp;#039;s Brexit-bound economy remains stuck in a low gear but is probably not weak enough to dissuade the Bank of England from raising interest rates next month, economic data showed.  &gt; The BoE said last month that most of its policymakers thought it was likely that they would need to raise rates for the first time in a decade in the coming months.  &gt; The BoE believes last year&amp;#039;s Brexit vote will create more inflation pressure by dampening business investment and slowing migration to Britain.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/75iaad/uk_stuck_in_slow_growth_gear_boe_on_course_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~225637 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Britain**^#1 **month**^#2 **economy**^#3 **data**^#4 **year**^#5\""}
{"_id": "564611", "title": "", "text": "The point of short-selling as a separate instrument is that you can you do it when you can't sell the underlying asset... usually because you don't actually own any of it and in fact believe that it will go down. Shorting allows you to profit from a falling price. Another (non-speculative) possibility is that you don't have the underlying asset right now (and thus can't sell it) but will get it at a certain point in the future, e.g. because it's bonds that you've used to guarantee a loan... or grain that's still growing on your fields."}
{"_id": "564616", "title": "", "text": "\"All I know about the show is what the OP said about it, and the trailer showing a briefcase of pristine mint-wrapped hundreds... So, just taking it from there.  If you have cash you need to launder, \"\"investing\"\" is not the *answer*, it's the **why** you want to launder it in the first place: So your money can keep up with inflation rather than growing mold under the bed.\""}
{"_id": "564618", "title": "", "text": "\"You can speed up the process. Tell the person sending you the money, to log in in to their Paypal account and to click \"\"confirm receipt\"\" next to transactions related to their sending to you. After this, the money will be relased immedidiately.\""}
{"_id": "564627", "title": "", "text": "Go to a good bookstore and find a book about saving on income tax. Unlike other countries, where filling in your tax returns usually means you have to pay extra money, in Germany filling in your tax return usually means that you will be paid money, and the more tax deductible items you can fill in, the more money you will get back.  At the very least, ask some German colleagues about the most typical tax deductible items. They love getting taxes back."}
{"_id": "564638", "title": "", "text": "I would lean towards making a smaller down payment and hanging onto savings for flexibility. Questions to think about: If you have enough cash that you can make a huge down payment and still have all the other bases covered, then it comes down to your risk tolerance and personal style.  You can almost definitely build a portfolio that will beat your mortgage rate on average over the long term, but with more risk and volatility.  Heck, you could make a 20% down payment on another house and rent it out."}
{"_id": "564648", "title": "", "text": "Your NRI friend can use normal Banks or specialized remittance services. There are questions on this website that give pro's and con's. From Indian tax point of you, you have received a gift from friend and as such it falls under Gift Tax act. Any amount upto Rs 50,000 is tax free. Anything above it is taxable as per tax bracket."}
{"_id": "564649", "title": "", "text": "Increase your sales by advertising to any company of Canada and USA This is the most cost-effective way to promote your business.  The Ultimate Business Lists  Choose your list by industry, city, province, state, postal code, zip code  Each Listing Includes:  Company name and address, Contact person and title, Phone, fax, SIC code, etc  ANY industry, city, province, state, postal code, zip code"}
{"_id": "564675", "title": "", "text": "\"From the details you have given it looks like you have \"\"Unit Linked\"\" insurance policy. In such policies a part of the premium goes towards the \"\"Insurance\"\", the balance is invested into \"\"Mutual Funds / stock Market\"\". It is generally not advisable to have \"\"Unit Linked\"\" policy compared to pure \"\"Term\"\" policy. Generally the amount of fees charged for \"\"Unit Linked\"\" policy is high and hence the returns to the end user are low. i.e. if you buy a \"\"Term\"\" insurance for the same sum insured and invest on your own the balance in any \"\"Mutual Fund\"\" you will end up making more that what you are getting now. Typically these policies have 3 years lock-in period. As you have purchased this in 2008, you can cancel the policy without any penalties. This will save you future premium and you can buy a term insurance and invest the difference yourself. Note the unit linked policy is useful for people who do not invest on their own and this is a good way to be forced into saving than nothing else.\""}
{"_id": "564676", "title": "", "text": "\"&gt; So you don't think two \"\"lost\"\" decades going on three  I do think that's a problem for them. It's been a horrendous waste of potential. However I believe it to be policy mistakes - eg, why raise taxes if your problem is not enough spending? That's what the Japanese-government-owing-too-much-yen crowd will tell you to do, but the [consequences](http://www.forbes.com/sites/timworstall/2014/08/13/japans-gdp-falls-by-6-8-in-the-second-quarter-on-sales-tax-rise/) of doing so should have been obvious to anyone.  If Japan had simply understood that they're not revenue constrained in terms of yen, they could have run sufficient deficits to keep growth high. Instead they chose not to, forever trying to cut their deficits to something more \"\"sustainable\"\". Cue 2-3 lost decades.  &gt;a debt of over 200%  The market doesn't believe it to be a problem, and anyone that's ever bet against the Japanese government has lost their money. Why do you believe it to be any different? What do you know that the market doesn't, and are you willing to put [your money where your mouth is](http://blogs.reuters.com/breakingviews/2011/06/06/japans-widow-maker-bond-trade-still-looks-lethal/)?\""}
{"_id": "564688", "title": "", "text": "Well, I'm not an expert on business history, but isn't that what they said about a number of companies that were once competing vigorously in the marketplace?  But then once they achieved dominance in their chosen industry, that's when questions started to arise about competence, creativity, etc., for those very same companies... especially when the original founder(s) relinquished their role to new leadership chosen by the board..."}
{"_id": "564707", "title": "", "text": "But what this doesn't show is his physical bullion allocation, which is no doubt substantial. And that could literally be in a basket.  Whereas mfglobal has shown us that what we think is our basket might actually be someone elses basket."}
{"_id": "564709", "title": "", "text": "Politicians are for sale and regulations are useless when they are not enforced.\u00a0 Community banks and credit unions have to comply or get hammered by the state and federal governments.\u00a0 The mega banks soldier on under an utterly feckless and corrupt congress.\u00a0 People should never pay fees or credit card interest, pay off their loans, and get out from under banker's thumbs.\u00a0 They are giant impoverishing machines."}
{"_id": "564718", "title": "", "text": "Of course they make money. They double dip in a lot of instances they make 2 - 3% plus $0.30 per transaction from the merchant and then whatever interest you pay on your card. So let's just say in one day you make stops at Starbucks for a $4 Latte, then at Wendy's for lunch for about $8, then you put about $20 worth of gas in your tank, then you stop at Kroger for some $40 groceries and may you pick up some dinner for about $15.  That's 5 transactions at $0.30 which is a $1.50 then at 3%  starbucks is $0.12, Wendy's $0.24, gas is $0.60 then kroger $1.20 then dinner $0.45 so the total that they get is $4.11 multiply this by about  a million people per day that is about $4.1 million per day that they get. That is a nice penny! just from the merchant so you are making them a lot of money by just using it."}
{"_id": "564738", "title": "", "text": "I shopped in both in Germany... with the slightly different logos at the time (colors differed).  I would think the two cooperate very strongly together with logistics and specials, but I may be wrong.  It just seemed they were very similiar and iirc had the same specials at the same times."}
{"_id": "564752", "title": "", "text": "wtf, man?  &gt;...redefining \u201chigh-speed\u201d broadband at a lower speed \u2014 10Mbps, to be specific, down from the 25Mbps it\u2019s currently at.  &gt;Pai has filled the 30-person Broadband Deployment Advisory Committee (BDAC) with 28 reps from telecoms companies, and just two from local cities.  how stupid do you think we are?  do you feel the same about the EPA under Scott Pruitt?"}
{"_id": "564759", "title": "", "text": "\"You cannot dump $450K of cash into any type of retirement account. Retirement accounts have maximum annual contribution limits and earned income requirements.  If the $450K is already in a retirement account you may be able to \"\"rollover\"\" these funds into a different type of account. I personally invest in dividend paying stocks and recommend the strategy for just about everyone. $450K earning 4% in dividends would generate ~$18K in annual dividends the first year and, compounded, would generate ~$220K in dividends over a 10-year period. All this being said, I am not a registered professional of any kind and you should consult a professional before making any decisions. And yes, I know this question is from 2012 :)\""}
{"_id": "564773", "title": "", "text": "Yeah, I mean the real issue is that for probably 30% of users (conservatively) it's and IM system and how they get market data.  Anyone that uses BDHs or backtesting does not have a reliable alternative. The analytical tools FS offers for those functions cost almost as much. Also, index level data is very expensive, separated and priced by the index managers themselves.  The degree to which this 'debate' has been dumbed down is remarkable."}
{"_id": "564787", "title": "", "text": "\"I have been considering a similar situation for a while now, and the advice i have been given is to use a concept called \"\"dollar cost averaging\"\", which basically amounts to investing say 10% a month over 10 months, resulting in your investment getting the average price over that period. So basically, option 3.\""}
{"_id": "564795", "title": "", "text": "It's safe in the sense that there is no counter party risk involved when holding bitcoins but it is still too early to call it a safe haven. However it could become very useful if strict capital controls are enforced around Europe."}
{"_id": "564796", "title": "", "text": "\"Since most of the answers are flawed in their logic, I decided to respond here. 1) \"\"What if you lose your job, you can't pay back the loan\"\" The point of the question was to reduce the amount paid per month. So obviously it would be easier to pay off the 401k loan rather than the 3 separate loans that are in place now. Also it's stated in the question that there's a mortgage, a child with medical costs, a car loan, student loans, other debt. On the list of priorities the 401k loan does not make the top 10 concerns if they lost their job. 2) \"\"Consider stopping the 401k contribution\"\" This is such a terrible idea. If you make the full contribution to the 401k and then just withdraw from the 401k rather than getting a loan you only pay a 10% penalty tax. You still get 90% of the company match. 3) \"\"You lose compound interest\"\" While currently the interest you get on a 401k (depending on how that money is invested) is higher than the interest you pay on your loans (which means it would be advantageous to keep the loans and keep contributing to the 401k), it's very unreliable and might even go down. I think you actually have a good case for getting a loan against the 401k if a) You have your spending and budget under control b) Your income is consistent c) You are certain that the loan will be paid back. My suggestion would be to take a loan against the 401k, but keep the current spending on the loans consistent. If you don't need the extra $150 per month, you really should try to pay off the loans as fast as you can. If you do need the $150 extra, you are lowering the mental threshold for getting more loans in the future.\""}
{"_id": "564806", "title": "", "text": "Business is likewise crucial to have a corporation identification variety which could be essential for doing business inside the US primarily based businesses and it is crucial to have an agency so that the commercial enterprise can able to run very easily. With Free company formation, people can capable of starting their business very easily and they could capable of delivering all of the services in order that the business can capable of run a protracted. Forming a enterprise, in particular, include all of the conventional form that's fully separate and the from the ownership which in particular did now not have any necessary factor."}
{"_id": "564828", "title": "", "text": "Dollars are bits you don't control. The banking system has your bits and they can charge you more bits to move your bits around. At any point, they could freeze your accounts and suddenly you have no bits. It's all designed to make it so you can't function in society without them controlling your bits."}
{"_id": "564830", "title": "", "text": "Is it what I want to eat when I want to eat good food? No, absolutely not. Do I occasionally eat it? Yes. It's a matter of price/time/convenience, which is basically the entire fast food industry. I absolutely believe pizza that isn't artisanal level can be automated and the product can still be damn good. The chief problem with frozen pizza isn't that it's made by a robot, it's that it is frozen."}
{"_id": "564841", "title": "", "text": "I used to work for blackrock, although not in the finance side of the house. Which coast are you on? There's still a big difference in culture - west coast used to be BGI and was acquired in 2009, doubling the size of the company."}
{"_id": "564860", "title": "", "text": "Bringing your spouse on board a financial plan is key to success.  The biggest part is to have a shared dream.  Having retirement saving doesn't mean that you can't work. It does mean that you both will have some level of security as you age.   Does your husband really want you to be impoverished when he dies?  I doubt it, he probably just hasn't given it much thought.  A strong nest-egg can help you after his is gone even if you are still working. My wife and I follow Dave Ramsey's baby steps.  It has worked like a champ for us and can help you as well.  You can look up his plan, most of the materials are free.  A few highlights: So in short, don't worry about retirement until you two are out of debt.  Once you two are out of debt then save for your retirement, kids college and pay off your home early. Building a shared dream with your husband is the best way to get him onboard.  Talk about helping the kids, freedom to vacation, your parents struggle, whatever gets him to see the importance of having some savings."}
{"_id": "564870", "title": "", "text": "\"The answer to your question is \"\"no\"\". Unless you specifically ask to receive paper share certificates, then brokers will hold your shares with a custodian company in the broker's own nominee account.  If you are able to receive paper certificates, then the registrar of the company whose shares you own will have a record of your name, however this is exceptionally rare these days.  Using a stockbroker means that your shares will be held in the broker's nominee account. A nominee company is a custodian charged with the safekeeping of investors\u2019 securities. It should be a separate entity from the broker itself. In essence, the nominee is the legal owner of the securities, while you retain actual ownership as the beneficiary. Your broker can move and sell the securities on your behalf \u2013 and gets to handle all the lovely paperwork \u2013 but the assets still belong to you. They can\u2019t be claimed by the broker\u2019s creditors if things get messy. The main reason for this kind of set-up is cost, and this is why brokers are able to offer relatively low dealing costs to their clients. You can, if you wish, ask your broker for an account that deals with paper share certificates. However, few brokers will offer such an account and it will mean that you incur much higher dealing costs and may mean that you cannot sell you shares without first submitting the paper certificates back to your stock broker.   Note that the stock exchange plays no role in recording ownership.  Nor does your broker's account with the clearing house.\""}
{"_id": "564876", "title": "", "text": "\"Yes, you can. You could either go through brokerages like Ameritrade or fund companies like Fidelity or Vanguard. Yes there are minimums depending on the fund where some retail funds may waive a minimum if you sign up for an \"\"Automatic Investment Plan\"\" and some of the lower cost funds may have higher initial investment as Vanguard's Admiral share class is different from Investor for example.\""}
{"_id": "564898", "title": "", "text": "Your hypothetical money market account parallel basically nails it.  You understand exactly how the math works.  IRR computes a rate at which your money market account would have to pay interest in order to match whatever investment you are comparing to. That said, there are two major complicating factors to consider: Your hypothetical account would have to not only pay interest, but also lend money, at exactly the IRR rate.  In reality of course, it never happens this way.  You may be able to lend (invest) at x, but to borrow you're going to have to pay y.  IRR simplifies away that issue in order to give us a single number.  That number can be very handy for comparison to other competing hypothetical investments, but it does not capture that fundamental issue of lending rate vs. borrowing rate. An IRR calculation assumes implicitly that all cash flows, outgoing and incoming, are known and fixed; that is, risk-free.  It makes no allowance whatever for risk, and all investments have some level of risk.  Two investments that compute to the same IRR might have hugely different risk around their cashflows, and so not be a close decision at all.  To compare those investments, you might go to a measure like RAROC-- risk-adjusted return on capital.  But that's much harder, and more subjective, because it requires some numerical measurement of risk."}
{"_id": "564931", "title": "", "text": "Level 2, Phoenix Arizona  So glad that it's over... I spent Sunday **sitting around.** I made a pizza, sat on my couch, and watched TV shows. I can't even describe how long it's been since I did this. I moved into a new place in March and realized that I hadn't ever laid down on my couch out of laziness to walk to my bedroom... well, don't be alarmed, but I actually did. It was amazing.  That said, I have no idea if I'll pass or not, and so I may have to redo it, but I have 2 months before they'll even tell me how I did, and I'm very thankful for that at the moment :D"}
{"_id": "564938", "title": "", "text": "Yes.  If you're still 20 years off from retirement, it wouldn't make sense to liquidate everything; it'd be an attempt to time the market. If you're *very* worried and retirement is soon, then it'd be something to consider (albeit bonds would make more sense at that point)."}
{"_id": "564940", "title": "", "text": "Is he really? I mean, those Forbes lists members are either required to report their income or disclose it, right? Or it is made of stakes in company's and stuff. Aren't there these oil rich Saudis who are not a CEO of a public traded company. They just have billions and billions in their private bank account,  and or own entire country's...  Or am I totally wrong here? I mean, isn't the Saudi Airport private property of the King? Including planes and stuff?"}
{"_id": "564943", "title": "", "text": "Revolutionary business development tools and templates. Use them to build excellent plans creatively and collaboratively. They are 100% tested and proven and cover   most key functions like sales, marketing, strategic planning,business planning, merger, acquisition, joint venture, change management, financial projections, and more."}
{"_id": "564945", "title": "", "text": "Pretty difficult to determine. There's some evidence to suggest that [there hasn't been much change](https://www.forbes.com/sites/eriksherman/2017/01/07/seattle-restaurant-jobs-keep-growing-with-higher-minimum-wages-after-a-year/#421700f03579), because, as was one of the primary arguments in the $15 wage debate, more people have more money in their pockets to spend on things like going out to eat."}
{"_id": "564948", "title": "", "text": "&gt;I want to start a company but it looks like the the market is way over crowded with useless products or could I still make it work if the product is actually useful?  The market for a product or service does not depend on the number of existing products or services currently being sold. There are over a billion cars in the world today. Should that have deterred Tesla from introducing a novel type of car?   &gt;I really I don't want to rely on on marketing and advertising? Just product value and usefulness  The most useful product in the world will sell zero units if no one knows about it."}
{"_id": "564957", "title": "", "text": "I think you are right. I hear people all the time with horror stories about futures and trading horror stories in general. I want to learn about this market, but I don't want to go in without some education on the matter. I watched their video on options on futures, but the valuation method needs a bit more explaining to be (beta, gamma, etc.). I get the basic idea of options on futures, but I need to formulate a strategy, and that is where study would come in.   I have wanted to play around with a few strategies I had in my head for regular options, and by the time I get the grasp of it, I might be able to trade options on futures. I guess my biggest thing with options on futures is not to be sophisticated, but more so I can have access to new markets. On the topic of options though, I do think there is some strategies that could boost my returns a bit on my existing strategies. I think selling various options (selling call options on weak dividend stocks stuck as bulk shipper or mortgage reits and as of late oil trusts or selling put options on some stronger oil reits or other stronger dividend stocks). The only problem is I don't know if the premium would be enough to make it worth while with the weak dividend stocks. So either way, even if you are only earning a conservative 9% on dividends, if you add in another 4% for premium, you could be making 13% off of one trade, and could repeat the process (assuming the target stayed weak or strong)."}
{"_id": "564965", "title": "", "text": "Maybe, maybe not. There are probably a lot of esoteric things that put a hard upper limit on human watch spring and watch movement kit production,* at a given price point*. Which is why they said the $750-2500 price range is going to go away according quoted experts in the article."}
{"_id": "564983", "title": "", "text": "\"Several people here have highlighted the incentive/agency problems that tend to naturally arise when securitizing mortgages. However, the market for mortgage-backed securities has existed for decades, and during most of that time these agency problems were held in check. Moreover, academics knew about this problem even before the credit crisis and actually *recommended* the use of trenching in order to avoid the moral hazard problems associated with securitization (see DeMarzo 2005).  So, to give a compelling historical explanation for why the crisis happened *when* it did, you need to explain what changed in the mortgage securitization market to enable these previously unproblematic agency relationships to breakdown.  So what changed? In short, the growth of the market for CDOs (collateralized debt obligations) composed of mortgage-backed securities), and not the MBS market itself. This market grew so rapidly in the mid-2000s because the ratings agencies created an opportunity for banks to take low-rated MBS debt and give it a higher rating by merely repackaging it into a CDO. It was ratings arbitrage, through and through. Explanations that place the brunt of the blame on the GSAs (i.e. Fannie and Freddie) cannot adequately explain why the majority of mortgage-related losses during the credit crisis were concentrated in CDOs of MBSs, and not in the vanilla MBS market.  Here's what happened. Back in the day -- say, pre-early 2000s -- the agency/incentive problems that naturally arise in mortgage securitization were held in check by careful institutional investors who would rigorously assess the default risk of the higher-risk MBS tranches. They had a deep knowledge of the mortgage business. Sometimes they would even go so far as manually examining the loan documentation, the profile of the borrowers, the quality of the collateral, and so on. There were a lot of indiscriminating buyers who were happy to purchase the AAA and AA tranches, but they could afford to be indiscriminating because the banks who were securitizing MBSs knew that without selling to the discriminating buyers of higher-risk debt, they wouldn't be able to break even.   It worked a bit like a market for fine wines. I don't know much about wine, but when I walk into a shop that sells fine wines, I can be reasonably certain that there will be a reasonably strong relationship between price and the quality of the wine. Basically, I get to free-ride off the superior discrimination of the wine connoisseurs who regularly visit the shop.  Once the ratings agencies created the now infamous \"\"ratings arbitrage\"\" between the MBS and CDO markets, the market for CDOs on MBSs expanded. As this market grew, these \"\"discriminating\"\" buyers became a proportionally smaller part of the MBS market. The folks building CDOs of MBSs didn't know very much about the mortgage business itself; instead, they tended to rely on statistical default models provided by the ratings agencies that predicted the probability of mortgage default based on quantitative variables such as borrowers' credit scores, loan-to-value ratios, etc.   The problem is that these models used historical data that was collected back when the \"\"discriminating\"\" institutional investors kept the agency problems in the MBS market in check. The growth of the CDO market spurred even more mortgage securitization, which led lending standards to deteriorate because firms like Countrywide knew that the CDO buyers only cared about credit scores, LTV ratios, etc. However, undiscriminating buyers of MBS were unable to detect these changes in default risk because the models they were using to \"\"see\"\" those changes were becoming invalidated by the growth of the CDO market itself  If you want to read more about this, I'd highly recommend MacKenzie's 2011 paper in the American Journal of Sociology [see here]( http://www.sps.ed.ac.uk/__data/assets/pdf_file/0019/36082/CrisisRevised.pdf). It's a detailed historical account of the changes in valuation practices/models used within the MBS and CDO markets, and how these practices became invalidated as the CDO market grew in size.  **TL;DR: the credit ratings created a \"\"ratings arbitrage\"\" that the banks took advantage of. They are as much, if not more, at fault as the GSAs.**  For more info on the deterioration in mortgage quality in the mid-2000s, check out:   Keys, Benjamin, Tanmoy Mukherjee, Amit Seru, and Vikrant Vig. 2008. Did Securitization Lead to Lax Screening? Evidence from Subprime Loans.  Rajan, Uday, Amit Seru, and Vikrant Vig. 2008. \u201cThe Failure of Models That Predict Failure: Distance, Incentives and Defaults.\u201d SSRN eLibrary (December). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1296982.  Also, the citation I mentioned above:  DeMarzo, P. (2005) \"\"The pooling and tranching of securities: a model of informed intermediation\"\" Review of Economic Studies, 18(1):1-35, 2005\""}
{"_id": "565007", "title": "", "text": "\"In this scenario the date of income is the date on which the contract has been signed, even if you received the actual money (settlement) later. Regardless of the NY special law for residency termination - that is the standard rule for recognition of income during a cash (not installments) sale. The fact that you got the actual money later doesn't matter, which is similar to selling stocks on a public exchange. When you sell stocks through your broker on a public exchange - you still recognize the income on the day of the sale, not on the day of the settlement. This is called \"\"the Constructive Receipt doctrine\"\". The IRS publication 538 has this to say about the constructive receipt: Constructive receipt.   Income is constructively received when an   amount is credited to your account or made available to you without   restriction. You need not have possession of it. If you authorize   someone to be your agent and receive income for you, you are   considered to have received it when your agent receives it. Income is   not constructively received if your control of its receipt is subject   to substantial restrictions or limitations. Once you signed the contract, the money has essentially been credited to your account with the counter-party, and unless they're bankrupt or otherwise insolvent - you have no restrictions over it. And also (more specifically for your case): You cannot hold checks or postpone taking possession of similar   property from one tax year to another to postpone paying tax on the   income. You must report the income in the year the property is   received or made available to you without restriction. Timing wire transfer is akin to holding and not depositing a check, from this perspective. So unless there was a restriction that was lifted after you moved out of New York, I doubt you can claim that you couldn't have received it before moving out, i.e.: you have, in fact, constructively received it.\""}
{"_id": "565010", "title": "", "text": "Are there any known laws explicitly allowing or preventing this   behavior? It's not the laws, it's what's in the note - the mortgage contract. I read my mortgage contracts very carefully to ensure that there's no prepayment penalty and that extra funds are applied to the principal. However, it doesn't have to be like that, and in older mortgages - many times it's not like that. Banks don't have to allow things that are not explicitly agreed upon in the contract. To the best of my knowledge there's no law requiring banks to allow what your friend wants."}
{"_id": "565016", "title": "", "text": "\"I've had a MF Stock Advisor for 7 or 8 years now, and I've belong to Supernova for a couple of years. I also have money in one of their mutual funds. \"\"The Fool\"\" has a lot of very good educational information available, especially for people who are new to investing. Many people do not understand that Wall Street is in the business of making money for Wall Street, not making money for investors.  I have stayed with the Fool because their philosophy aligns with my personal investment philosophy. I look at the Stock Advisor picks; sometimes I buy them, sometimes I don't, but the analysis is very good. They also have been good at tracking their picks over time, and writing updates when specific stocks drop a certain amount. With their help, I've assembled a portfolio that I don't have to spend too much time managing, and have done pretty well from a return perspective. Stock Advisor also has a good set of forums where you can interact with other investors.  In summary, the view from the inside has been pretty good. From the outside, I think their marketing is a reflection of the fact that most people aren't very interested in a rational & conservative approach to investing in the stock market, so MF chooses to go for an approach that gets more traffic. I'm not particularly excited about it, but I'm sure they've done AB testing and have figured out what way works the best. I think that they have had money-back guarantees on some of their programs in the past, so you could try them out risk free. Not sure if those are still around.\""}
{"_id": "565038", "title": "", "text": "I didn't even read the article. so lol you can fault me there.  I just based this on there being a platform like airbnb allowing businesses such as having residences or houses to put up. When you think about it though these aren't the only avenues or doors available when you consider everything that goes into something like this."}
{"_id": "565041", "title": "", "text": "Simple: Do a stock split. Each 1 Ordinary share now = 100 Ordinary shares (or 100,000 or whatever you choose). Then sell 20 (or 20,000) of them to your third party. (Stock splits are fairly routine occurrence. Apple for example has done several, most recently in 2014 when 1 share = 7 shares). Alternatively you could go the route of creating a new share class with different rights, preferences etc. But this is more complicated."}
{"_id": "565046", "title": "", "text": "I agree. I have physical cash hidden in my house, a trick I learned from an elderly neighbor whose husband demanded they do it and it paid off for them twice. I have that and then will rely on credit if needed. My only question is if the statistic they mention is ALL savings or just what is in liquid assets."}
{"_id": "565061", "title": "", "text": "Not to overkill the theres a few more I can think of right now"}
{"_id": "565065", "title": "", "text": "Lmao thus truly is Reddit isn't it. You know who only works the bare minimum? Spain. They all close down for hours in the middle of the day to take a nap. Sure, it sounds nice, but guess what their economy is like? Absolute shit. They aren't creating next gen products that change the world. And they aren't global leaders in the business world like the US."}
{"_id": "565114", "title": "", "text": "Keep eye contact throughout the interview and prepare answers to questions like: what is your greatest weakness, why are you interested in this company, how can you add value that other candidates can't. I'd suggest doing thorough research on the company's mission statement, vision, and product history. The more you can lace in info about their company during the interview, the better they'll like you."}
{"_id": "565115", "title": "", "text": "\"In addition to the good answers already provided, I want to point out that many (most?) providers will handle filing your health insurance claim for you even though it's really your responsibility. So here's how medical bills \"\"you don't have to pay\"\" might come about: * It's possible that your balance is $4, or $20, or $65, or even still $100 depending on your particular insurance plan. Whatever is left at this step is what you pay.\""}
{"_id": "565133", "title": "", "text": "In the united states, they may request a check written by the bank to the other party. I have had to make large payments for home settlements, or buying a car. If the transaction was over a specified limit, they wanted a cashiers check. They wanted to make sure it wouldn't bounce.  I have had companies rebate me money, and say the maximum value of the check was some small value. I guess that was to prevent people from altering the check. One thing that has happened to me is that a large check I wanted to deposit was held for a few extra days to make sure it cleared. I wouldn't have access to the funds until the deadline passed."}
{"_id": "565136", "title": "", "text": "That's a good point. I worry that it may look bad if I go on holiday or come in whenever I want. My dad suggested I swan in and check out different businesses whenever I want.  Maybe I should do full employee hours for a week at each place or something, as opposed to just going in for a couple of hours randomly."}
{"_id": "565149", "title": "", "text": "&gt; Board members that have fiduciary responsibilities to investors (this includes the potential for personal liability).  How often do lawsuits surrounding this even happen? How can shareholders prove in court that the CEO or whomever they are suing wasn't acting in the best interest of the company and actually have a meaningful case? There are countless badly run public companies out there and they don't get sued."}
{"_id": "565150", "title": "", "text": "Matthew - what was the stock price and strike price of the option when you did this? I've never seen an at-the-money strike with only a month to run have a price 25% of the underlying stock. Jaydles covers the variables really well in his answer."}
{"_id": "565157", "title": "", "text": "No.  Regular W2 employees cannot deduct housing or transportation costs related to their employment.   However, in the US, many employers offer Parking and/or Transit FSA programs which are usually collectively referred to a Commuter Benefits FSA programs, this is particularly common among larger employers with locations in major metropolitan cities.  Under Commuter benefits FSAs employees can defer up to $255 per month from their gross pay, tax-free, for parking and/or transit expenses.  Eligible expenses include things like bus and train passes or parking at a train or bus station.  These are money-in/money-out arrangements so expenses can only be claimed against contributions that have been made, unlike a Health FSA.  Though, like a health FSA, contributions are subject to use-it or lose-it provisions. These programs must be sponsored by the employer for an employee to take advantage of them though.  Some jurisdictions mandate that employers above a certain threshold must offer commuter benefits."}
{"_id": "565165", "title": "", "text": "I think a big issue with Sears and Kmart is that they have no image. They have become so diluted nobody even knows why they would shop there. Ask anybody what they think about the image of Target, Meijer, Wal-mart, or other successful chains and you will likely get an accurate description across the board. Do the same with K-mart and Sears and you will get looks of confusion."}
{"_id": "565175", "title": "", "text": "The only time borrowing instead of paying from cash would make sense is if you have (or think you might run into) opportunities to put that cash to work for you earning more than the interest you're paying. For instance, you might run into investment opportunities where having the cash to jump in would let you get into them.   Beyond something like this, it'd be foolish to pay interest just so you can have a bigger bank balance and feel like you're somehow better off! I hope this helps. Good luck!"}
{"_id": "565181", "title": "", "text": "I am voting you up because this is a legitimate question with a correct possible answer. Yes, you shouldn't buy penny stocks, yes you shouldn't speculate, yes people will be jealous that you have money to burn. Your question: how to maximize expected return. There are several definitions of return and the correct one will determine the correct answer. For your situation, $1,000 sounds like disposable income and that you have the human capital to make more income in the future with your productive years. So we will not assume you want to take this money and reinvest the remains until you are dead. This rules out #2. It sounds like you are the sole beneficiary of this fund and that your value proposition is regardless of asset class and competition to other investment opportunities. In other words, you are committed to blowing this $1,000 and would not consider instead putting the money towards paying down credit card debt or other valuable uses. This rules out #3. You are left with #1, expected value. Now there is already evidence that penny stocks are a losing proposition. In fact, some people have been successful in setting up honeypot email accounts and waiting for penny stock spam... then shorting those stocks. So to maximize expected return, invest 0% of your bankroll. But that's boring, let's ignore it. As you have correctly identified, the transaction costs are significant, $14 in tolls on crossing the bridge both ways on a $1,000 investment already exceeds the 5-year US bond rate. Diversification will affect the correlation and overall risk (Kelly Criterion) of your portfolio -- but it has no effect on your expected return.  In summary, diversification has zero effect on your expected return and is not justified by the cost."}
{"_id": "565205", "title": "", "text": "\"This is a stupid question.  Operating an elevator or train is very simple, and even a kid can do that. In elevator, just press the button for the floor you want. In a train, a \"\"gas pedal\"\" and a \"\"break pedal\"\".  If a \"\"mistake\"\" happens, at least in trains, it may kill few people on the train or something on the tracks.  An airplane is much more complicated, and if a \"\"mistake\"\" happens, a large section of town and buildings can suffer with many many deaths.  P/S: unmanned trains are only for slow-moving trains with small amount of people on them, e.g. in airports.\""}
{"_id": "565217", "title": "", "text": "Because libertarian ideology dominates mainstream economics, and that is because many billionaire-backed 'think tanks' promote it. The same thing happened pre-Great Depression; lots of Harvard economists arguing in favour of whatever their rich sponsors wanted. Read The Great Depression by the economist John Kenneth Galbraith; the parallels are distressing."}
{"_id": "565226", "title": "", "text": "It depends.  Very generally when yields go up stocks go down and when yields go down stocks go up (as has been happening lately). If we look at the yield of the 10 year bond it reflects future expectations for interest rates.  If the rate today is very low but expectations are that the short term rates will go up that would be reflected in a higher yield simply because no one would buy the longer term bond if they could simply wait out and get a better return on shoter term investments.  If expectations are that the rate is going down you get what's called an inverted yield curve.  The inverted yield curve is usually a sign of economic trouble ahead.  Yields are also influenced by inflation expectations as @rhaskett is alluding in his answer. So.  If the stock market crashes because the economy is doing poorly and if interest rates are relatively high then people would expect the rates to go down and therefore bonds will go up! However, if there's rampant inflation and the rates are going up we can expect stocks and bonds to move in opposite directions.  Another interpretation of that is that one would expect stock prices to track inflation pretty well because company revenue is going to go up with inflation.  If we're just talking about a bump in the road correction in a healthy economy I wouldn't expect that to have much of an immediate effect though bonds might go down a little bit in the short term but possibly even more in the long term as interest rates eventually head higher.  Another scenario is a very low interest rate environment (as today) with a stock market crash and not a lot of room for yields to go further down. Both stocks and bonds are influenced by current interest rates, interest rate expectations, current inflation, inflation expectations and stock price expectation.  Add noise and stir."}
{"_id": "565233", "title": "", "text": "\"I think the issues you have listed will definitely be some of the larger ones over the next few months even. In relation to interest rates though I think inflation/deflation will aslo start to become an increasinly debated topic, especially if they decide on more QE.  Over the next few months into the election I expect to see a flight to quality from the big money and then from retail investors (aren't we already seeing this?). This would bear negative for most stock averages and indexs and positive for \"\"safe\"\" assets such as gold, treasuries, what else? In my opinion the industry that stands to take the biggest losses are the  financials, particulary the TBTF banks. This will be a large issue in the election and there is really no way they can walk away from the Europe situation unharmed.  In the event of a war (Israel/Iran I assume you mean), I would imagine oil would come up from the relative low it is at now. This would then increase the appeal of Nat Gas which I don't think can stay at the price level it is at now.  tl;dr - bearish for the stock markets, bullish on safe assets as doubt in the system increases significantly\""}
{"_id": "565271", "title": "", "text": "No.  I believe members of congress are passing bills that enrich the rich in return for favors.  The type of favors change to avoid being seen as bribery, but it is still bribery.  But not every member of Congress is corrupt.  Some members are just selfish and irrational, some are clean.  We haven\u2019t cracked down on this crap because they\u2019ve done a great job dividing us against each other.  They have escalated fracturing to ensure lack of cooperation for those who wish to improve the nation over self-interests."}
{"_id": "565296", "title": "", "text": "You have left out the most important piece of information: are you an American citizen? If you are, then PFIC rules mean you need to be very careful not to invest in any foreign index funds/ETFs. That means it will probably be easiest for you to just leave the money in the US and continue to invest it there. If you do not have US citizenship, and have never had a green card, then you will qualify for non-resident alien status after you've been gone for 3 years. Once that happens, you won't owe US capital gains tax (though you will owe it in AUS). You will owe 30% tax on dividends, though. Much more at Investopedia."}
{"_id": "565313", "title": "", "text": "\"It depends on whether your goal is to \"\"teach a man to fish\"\" or setup an ongoing system where his neighbor is required to keep giving him fish every day for the rest of his life.  From my point of view a true solution involves getting people standing on their own two feet, not relying on the government for handouts the rest of their life.\""}
{"_id": "565330", "title": "", "text": "\"There are other good answers to the general point that the essence of what you're describing exists already, but I'd like to point out a separate flaw in your logic: Why add more complications so that \"\"should I call this principal or interest\"\" actually makes a difference? Why's the point (incentive) for this? The incentive is that using excess payments to credit payments due in the future rather than applying it to outstanding principal is more lucrative for the lender. Since it's more lucrative and there's no law against it most (all) lenders use it as the default setting.\""}
{"_id": "565355", "title": "", "text": "Yes, however you would have to wait for the $900 to actually be available in your credit card account if making the transaction from an account from another bank or provider, as it usually might take one to two business days for this to happen.  If both the chequing account and credit card account are with the same bank, then usually this will go through straight away, and you will be able to make your next purchase on the same day, but I would check your credit card balance first before making that purchase."}
{"_id": "565356", "title": "", "text": "The debt is absolutely real. China loans money to US via buying the US treasury bonds. The bond is essentially a promise to pay back the money with interest, just like a loan. As you point out, the US can print money. If this were to happen, then the USD that the owner of a treasury bond receives when the bond matures are worth less that than the USD used to purchase the bonds. There are lots of reasons why the US doesn't want to print lots of money, so the purchaser of the bond is probably confident it won't happen. If for some reason they think it is possible, then they will want to cover that risk by only purchasing bonds that have a higher interest rate. The higher interest offsets the risk of the USD being worth less. Of course, there are lots more details, e.g., the bonds themselves are bought and sold before maturity, but this is the basic idea."}
{"_id": "565361", "title": "", "text": "I would never consider such an offer. As has already been mentioned, there are likely to be hidden costs and the future is never certain. If you feel that you are missing out, then negociate a lower purchase price now. People often forget that something is only worth what someone is willing to pay for it. With any significant purchase it's always worth bargaining."}
{"_id": "565367", "title": "", "text": "\"Is there any practical reason... to hold off on making payments until I receive a billing statement? Yes, a few:   As for a zero balance, FICO consumer affairs manager Barry Paperno says, \"\"The idea here is the lower, the better, in terms of the utilization percentage, but something is better than nothing....The score wants to see some kind of activity.\"\"  How low should you go? In a recent interview, FICO spokesman Craig Watts said, \"\"If your utilization is 10 percent or lower, you're in great shape as far as utilization goes.\"\" That being said, there are downsides especially if you wind up forgetting to make a payment.  The easiest thing to do (also from a time management perspective) is to get your billing statement once a month, verify the purchases on it, and at that time you receive the statement schedule an online bill payment so that it will be paid in full before the due date.   As Aganju points out, you don't have to wait for a paper bill in hand or even an e-mail notification; you can go online after your statement date to get the statement.  This makes sure you won't have extra costs related to unreliability of mail (if you still receive paper statements)/e-mail, though it does require remembering to check (and/or setting a recurring calendar reminder).  Paying much in advance of that, as is your current practice, might be a good idea to free up available balance if you are planning a purchase that would take you over your credit limit, but this should be relatively rare (and some credit card companies will raise that limit if you have been paying well and ask nicely, though find out first if they do a \"\"hard pull\"\" of your credit report for that).\""}
{"_id": "565407", "title": "", "text": "Most private companies do not pay for their employees to travel business or first class.  You know why?  Most of the time it is three to four times the cost of coach.  And every dollar that is spent on frivolous things like first class tickets comes out of the bottom line.  Civil servants have no right to be in first class, zero excuse.  That's taxpayer money that can be better utilized elsewhere."}
{"_id": "565409", "title": "", "text": "As a landlord for 14 years with 10 properties, I can give a few pointers: be able and skilled enough to perform the majority of maintenance because this is your biggest expense otherwise.  it will shock you how much maintenance rental units require. don't invest in real estate where the locality/state favors the tenant (e.g., New York City) in disputes.  A great state is Florida where you can have someone evicted very quickly. require a minimum credit score of 620 for all tenants over 21.  This seems to be the magic number that keeps most of the nightmare tenants out makes sure they have a job nearby that pays at least three times their annual rent every renewal, adjust your tenant's rent to be approximately 5% less than going rates in your area.  Use Zillow as a guide.  Keeping just below market rates keeps tenants from moving to cheaper options. do not rent to anyone under 30 and single.  Trust me trust me trust me.  you can't legally do this officially, but do it while offering another acceptable reason for rejection; there's always something you could say that's legitimate (bad credit, or chose another tenant, etc.) charge a 5% late fee starting 10 days after the rent is due.  20 days late, file for eviction to let the tenant know you mean business. Don't sink yourself too much in debt, put enough money down so that you start profitable.  I made the mistake of burying myself and I haven't barely been able to breathe for the entire 14 years.  It's just now finally coming into profitability. Don't get adjustable rate or balloon loans under any circumstances.  Fixed 30 only.  You can pay it down in 20 years and get the same benefits as if you got a fixed 20, but you will want the option of paying less some months so get the 30 and treat it like a 20. don't even try to find your own tenants.  Use a realtor and take the 10% cost hit.  They actually save you money because they can show your place to a lot more prospective tenants and it will be rented much sooner.  Empty place = empty wallet.  Also, block out the part of the realtor's agreement-to-lease where it states they keep getting the 10% every year thereafter.  Most realtors will go along with this just to get the first year, but if they don't, find another realtor. buy all in the same community if you can, then you can use the same vendor list, the same lease agreement, the same realtor, the same documentation, spreadsheets, etc.  Much much easier to have everything a clone.  They say don't put all your eggs in one basket, but the reality is, running a bunch of properties is a lot of work, and the more similar they are, the more you can duplicate your work for free.  That's worth a lot more day-to-day than the remote chance your entire community goes up in flames"}
{"_id": "565410", "title": "", "text": "Some more considerations: (1) Tax rates (both ordinary and capital gains) are likely to be different when you retire. (2) Your marginal tax rate may be different when you retire depending on how much income you have at the time. In retirement your income may be structured completely differently than when you are working. For example, you may also have a Roth IRA/401K to pull from."}
{"_id": "565417", "title": "", "text": "Let's make a few assumptions: You have several ways of achieving (almost) that, in ascending complexity: Note that each alternative will have a cost which can be small (forwards, futures) or large (CFDs, debit) and the hedge will never be perfect, but you can get close. You will also need to decide whether you hedge the unrealised P&L on the position and at what frequency."}
{"_id": "565418", "title": "", "text": "Trickle down generally hasn't been that bad. All of reaganomics was trickle down and it boosted growth like hell. I don't believe it will do so in this case. Not unless companies pay like 90% of their income to taxes or something. But that doesn't mean trickle down has been a total failure."}
{"_id": "565428", "title": "", "text": "\"Debts do not inherit to the children. You are absolutely not liable for your parent's debt, in any way whatsoever. **  Collection agents will lie about this; tricking you is their job, and your job is to tell them Heck no, do I look like an idiot? When a person dies, all their personal assets (and debts) go to a fictitious entity called the Estate.  This is a holder for the person's assets until they can be dispositioned finally.  The estate is managed by a living person, sometimes a company (law firm), called an Executor.  Similar to a corporation which is shutting down business, the Executor's job is to act on behalf of the Estate, and in the Estate's best interest (not his own).  For instance he can't decide, in his capacity as executor, to give all the estate's money to himself.  He has to loyally and selflessly follow state law and any living-trust or wills that may be in place. This role is not for everyone.  You can't just decide \"\"la la la, I'm going to live in their house now\"\", that is squatting.  The house is an asset and someone inherited that, as dictated by will, trust or state law.  That has to be worked out legally.  Once they inherit the house, you have to negotiate with them about living there. If you want to live there now, negotiate to rent the house from the estate. This is an efficient way to funnel money into the estate for what I discuss later.** The Estate has assets, and it has debts. Some debts extinguish on the death of the natural person, e.g. student loans, depending on the contract and state law. Did you know corporations are considered a \"\"person\"\"?  (that's what Citizens United was all about.)  So are estates - both are fictitious persons. The executor can act like a person in that sense.   If you have unsecured debt, how can a creditor motivate you to pay?  They can annoy and harass you.  They can burn your credit rating.  Or they can sue you and try to take your assets - but suing is also expensive for them.  This is not widely understood, but anyone at any time can go to their creditors and say  \"\"Hey creditor, I'm not gonna pay you $10,000.  Tough buffaloes.  You can sue me, good luck with that.  Or, I'll make you a deal.  I'll offer you $2000 to settle this debt.  What say you?  And you'll get one of two answers.  Either \"\"OK\"\" or \"\"Nice try, let's try $7000.\"\"  If the latter, you start into the cycle of haggling, \"\"3000.\"\" \"\"6000.\"\" \"\"4000.\"\" \"\"5000. \"\"Split the difference, $4500.\"\" \"\"OK.\"\"  This is always a one-time, lump sum, one-shot payoff, never partial payments.  Creditors will try to convince you to make partial payments.  Don't do it.  Anyone can do that at any time.  Why don't living people do this every day?   How about an Estate?  Estates are fictitious persons, they don't have a \"\"morality\"\", they have a fiduciary duty. Do they plan on borrowing any more money? Nope. Their credit rating is already 0. They owe no loyalty to USBank. Actually, the executor's fiduciary duty is to get the most possible money for the assets, and settle the debts for the least.  So I argue it's unethical to fail to haggle down this debt.  If an executor is \"\"not a haggler\"\" or has a moral issue with shortchanging creditors, he is shortchanging the heirs, and he can be sued for that personally - because he has a fiduciary duty to the heirs, not Chase Bank.  Like I say, the job is not for everyone. The estate should also make sure to check the paperwork for any other way to escape the debt: does it extinguish on death?  Is the debt time-barred? Can they really prove it's valid?  Etc.  It's not personal, it's business.  The estate should not make monthly payments (no credit rating to protect) and should not pay one dime to a creditor except for a one-shot final settlement. Is it secured debt? Let them take the asset. (unless an heir really wants it).  When a person dies with a lot of unsecured debt, it's often the case that they don't have a lot of cash lying around.  The estate must sell off assets to raise the cash to settle with the creditors.  Now here's where things get ugly with the house.  ** The estate should try to raise money any other way, but it may have to sell the house to pay the creditors. For the people who would otherwise inherit the house, it may be in their best  interest to pay off that debt. Check with lawyers in your area, but it may also be possible for the estate to take a mortgage on the house, use the mortgage cash to pay off the estate's debts (still haggle!), and then bequeath the house-and-mortgage to the heirs.  The mortgage lender would have to be on-board with all of this.  Then, the heirs would owe the mortgage.   Good chance it would be a small mortgage on a big equity, e.g. a $20,000 mortgage on a $100,000 house.  Banks love those.\""}
{"_id": "565429", "title": "", "text": "My thoughts are your retirement investing priorities should be as follows: So in your case I would not put any money into your 401k until you have maxed out your Roth IRA."}
{"_id": "565432", "title": "", "text": "\"Is option trading permitted in the account? Most 401(k) do not permit this. 1 - it means none traded today. 2 - there are 50 outstanding contracts. Each one has a guy who is long and a guy who is short.  3 - not really, it might depend on the stock.  4 - no. With commissions so low, and the inherent leverage of options, one contract reflecting 100 shares of the underlying stock, the minimum is what you can sleep soundly with.  5 - because GLD does not reflect precisely 1/10 oz of gold's price. If you look at the prospectus, it reads \"\"The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust\u2019s expenses.\"\" Since there are no dividends to take expenses from, the GLD price will erode by .4% each year compared to the price of 1/10oz gold.\""}
{"_id": "565436", "title": "", "text": "**Here's a sneak peek of /r/Suomi using the [top posts](https://np.reddit.com/r/Suomi/top/?sort=top&amp;t=year) of the year!**  \\#1: [Min\u00e4_irl](https://i.redd.it/bbo6l6t30yky.png) | [182 comments](https://np.reddit.com/r/Suomi/comments/5yxvt0/min\u00e4_irl/)   \\#2: [Jumalaiset mittasuhteet](https://i.redd.it/wsz1vc0nbodz.png) | [78 comments](https://np.reddit.com/r/Suomi/comments/6rizs0/jumalaiset_mittasuhteet/)   \\#3: [Half naked women get thousands of upvotes, but how many for our flag in blue?](http://m.imgur.com/JjFI7Xu) | [181 comments](https://np.reddit.com/r/Suomi/comments/5gsevc/half_naked_women_get_thousands_of_upvotes_but_how/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "565441", "title": "", "text": "What are you using the analysis for? If your analyzing your interest rate risk then you want to determine decay rates for your non-maturity deposits. Assuming your bank uses ALM software to produce your Earnings-at-Risk (EAR) and Economic Value of Equity (EVE) metrics, the decay rate assumptions make a big difference in those numbers. Most ALM models have default assumptions that may not be correct for your institution, and as a result are giving you EAR and EVE numbers that are not at all accurate.   Basically you want to have some analysis that proves how you are bucketing your NMDs (3,6,9, 12, 24 months?). Are your deposits sticky or are they affected by small changes in interest rates? You can look at historical numbers to determine how your deposits behave, but be sure to go back more than 3-4 years as deposit behavior has been pretty abnormal since 2008 with rates near zero. Similarly, you may want to try and identify 'surge' deposits that came into your bank due to the low rate environment and as soon as rates rise they will move into higher earning assets (stocks, bond, money markets)."}
{"_id": "565450", "title": "", "text": "First off, you should contact your health plan administrator as soon as possible.  Different plans may interact differently with Medicare; any advice we could provide here would be tentative at best.  Some of the issues you may face: A person with both Medicare and a QHP would potentially have primary coverage from 2 sources: Medicare and the QHP. No federal law addresses this situation. Under state insurance law an individual generally cannot collect full benefits from each of 2 policies that together pay more than an insured event costs. State law usually specifies how insurance companies will coordinate health benefits when a person has primary coverage from more than one source. In that situation, insurance companies determine which coverage is primary and which is secondary. It\u2019s important to understand that a QHP is not structured to pay secondary benefits, nor are the premiums calculated or adjusted for secondary payment. In addition, a person with Medicare would no longer receive any premium assistance or subsidies under the federal law. While previous federal law makes it illegal for insurance companies to knowingly sell coverage that duplicates Medicare\u2019s coverage when someone is entitled to or enrolled in Medicare Part A or Part B, there has been no guidance on the issue of someone who already has individual health insurance and then also enrolls in Medicare. We and other consumer organizations have asked state and federal officials for clarification on this complicated situation. As such, it likely is up to the plan how they choose to pay - and I wouldn't expect them to pay much if they think they can avoid it.  You may also want to talk to someone at your local Medicare branch office - they may know more about your state specifically; or someone in your state's department of health/human services, or whomever administers the Exchanges (if it's not federal) in your state. Secondly, as far as enrolling for Part B, you should be aware that if she opts not to enroll in Part B at this time, if your wife later chooses to enroll before she turns 65 she will be required to pay a penalty of 10% per 12 month period she was not enrolled.  This will revert to 0 when she turns 65 and is then eligible under normal rules, but it will apply every year until then.  If she's enrolling during the normal General Enrollment period (Jan-March) then if she fails to enroll then she'll be required to pay that penalty if she later enrolls; if this is a Special Enrollment Period and extends beyond March, she may have the choice of enrolling next year without penalty."}
{"_id": "565453", "title": "", "text": "The fact you are asking this question, the number of up votes, uncovers the real cause of the banking crisis.    Answers which mention that shareholders will fire a public company board are on the bottom. It is obvious that a company owners are interested in company value. And should have direct and easy impact on a directors board if management doesn't increase shareholders wealth.  With large number of passive shareholders and current stock market system that impact is very limited. Hence your question.  So bank directors, upper management aren't that interested in company value. They are mostly interested in theirs bonuses, their wealth increase, not shareholders. And that's the real problem of capitalism. Public companies slowly drift to function like companies in former socialistic countries. These is no owner, everything is owned by a nation."}
{"_id": "565469", "title": "", "text": "I'm not sure there is good data on Kiva, etc, but P2P microlending site Prosper has released their data. The default rates are evidently fairly high. For borrowers in the 'developed' world (the target audience of Prosper), other sources of credit are available (e.g. banks); one has to suspect, then, that borrowers on Prosper are considered too risky for bank loans."}
{"_id": "565481", "title": "", "text": "\"Well what he was trying to say is that support should be prioritized higher as an investment rather than cut to the bone as a necessary overhead evil. Yes, they all still need to be balanced, so technically it's a true statement, but the implication with which it was said was \"\"you shouldn't be pouring money into support. Ever.\"\"\""}
{"_id": "565487", "title": "", "text": "ROI and volatility should be calculated over a representative period of time, for example 3 or 5 years, depending on data availability.  The ROI is simple, for example, over 5 years:- For the 5 year annualised volatility you can refer to the ESMA SRRI methodology. Box 1 (page 3)  m is the annualisation factor. Stock volatility calculated from weekly data should not be compared with volatility calculated from monthly data. Also, for reference: How to Calculate your Portfolio's Rate of Return"}
{"_id": "565499", "title": "", "text": "\"Krugman argues (and I agree with him on this one) that this is a telltale sign that the US is in a [liquidity trap](http://en.wikipedia.org/wiki/Liquidity_trap). Basically interest rates are near 0 and the banks are very risk adverse right now, so they sit on reserves instead of lending them out. In this scenario, the government \"\"printing\"\" money has no effect on inflation (or much of anything) because it just sits in bank reserves.  A more right wing economist might spin a different story though.\""}
{"_id": "565501", "title": "", "text": "One could use technical indicators in any number of ways...they aren't rigidly defined for use in any particular way.  If they were, only computers would use them. Having said that, moving averages are frequently used by people operating on the assumption that short-term price movements will soon be reverted back to a longer-term mean.  So if the price shoots up today, traders who use moving averages may believe it will come back down pretty soon.  If this is the belief (and it usually is for this type of trader), a price significantly above a moving average could indicate an overpriced stock.  A price below the moving average could indicate an underpriced stock. Similarly, a short-term moving average above the long-term moving average may indicate an overpriced stock.  When you are dealing with more than one frequency, though, there is more disagreement about how to use technical indicators.  Some traders would probably say the opposite: that a short term average above the long term average indicates an upward movement that will continue because they believe the stock has momentum. Note that I am not saying I believe in using these averages to predict mean reversion or momentum effects, just that traders who rely on moving averages frequently do."}
{"_id": "565513", "title": "", "text": "I will teach you to be rich blog is all about psychological barriers and behavioural change."}
{"_id": "565514", "title": "", "text": "The $3K includes property tax, right? It looks like the mortgage alone will be about $2150 or so. If your (cal) state tax is enough to put you into itemized deductions, your mortgage and property tax are a write off, and the $3k will actually be closer to the $2K you are considering for rent.  The wild card as I see it is that your budget is so tight that any unforeseen expenses will be charged. As a long time homeowner, I know these expenses sometime appear to be high, and regular, despite their random nature. The money earmarked for credit card payments will go a long way to cover the tight budget you seem to have. This and your decreasing support makes this look tight but not impossible. The condition of the house would make or break the deal, in my opinion."}
{"_id": "565517", "title": "", "text": "If it had immediate purchase power of $525, can I use that to buy more $500 bonds over and over again?  Your idea is flawed. You can't just make money out of thin air, unless you are running a Ponzi scheme."}
{"_id": "565539", "title": "", "text": "Stock B could be considered to be more risky because it seems to be more volatile - sharp rises on large volume increases can easily be followed by sharp drops or by further rises in the start of a new uptrend.  However, if both A and B are trading on low volume in general, they can both be more on the risky side due to having relatively low liquidity, especially if you buy a large order compared to the average daily volume. But just looking at the criteria you have included in your question is not enough to determine which stock is riskier than the other, and you should look at this criteria in combination with other indicators and information about each stock to obtain a more complete picture."}
{"_id": "565540", "title": "", "text": "Rather than discuss whether you're thinking about things incorrectly, I'll just show you how to answer the question you asked: Now as to what wage to pay yourself to meet your expenses, do the same thing but only using personal components:"}
{"_id": "565561", "title": "", "text": "&gt;So this is the noble savage take  I'm not up on white supremacist talking points so I have no idea what you're talking about.  &gt;Superior weapons? Ok, so what allowed them to develop this superior technology? Was it education, superior engineering, and tactics? Was it luck? Seriously  Are these supposed to be gotcha questions? The weapons were borne out of necessity thanks to the comparatively harsh climate and lack of resources in Europe. Blacks are already born with the one thing needed to obliterate the white race. I find it funny that most of the ruins in Europe and former colonies are pointless forts. Even the legendary Colosseum is the literal circus part of bread and circuses to distract from the fact that there was always a war going on at the time."}
{"_id": "565568", "title": "", "text": "\"The Auction Market is where investors such you and me, as well as Market Makers, buy and sell securities.  The Auction Markets operate with the familiar bid-ask pricing that you see on financial pages such as Google and Yahoo.  The Market Makers are institutions that are there to provide liquidity so that investors can easily buy and sell shares at a \"\"fair\"\" price. Market Makers need to have on hand a suitable supply of shares to meet investor demands.  When Market Makers feel the need to either increase or decrease their supply of a particular security quickly, they turn to the Dealer Market. In order to participate in a Dealer Market, you must be designated a Market Maker.  As noted already, Market Makers are dedicated to providing liquidity for the Auction Market in certain securities and therefore require that they have on hand a suitable supply of those securities which they support.  For example, if a Market Maker for Apple shares is low on their supply of Apple shares, then will go the Dealer Market to purchase more Apple shares.  Conversely, if they are holding what they feel are too many Apple shares, they will go to the Dealer Market to sell Apple shares.  The Dealer Market does operate on a bid-ask basis, contrary to your stated understanding. The bid-ask prices quoted on the Dealer Market are more or less identical to those on the Auction Market, except the quote sizes will be generally much larger. This is the case because otherwise, why would a Market Maker offer to sell shares to another Market Maker at a price well below what they could themselves sell them for in the Auction Market.  (And similarly with buy orders.)  If Market Makers are generally holding low quantities of a particular security, this will drive up the price in both the Dealer Market and the Auction Market. Similarly, if Market Makers are generally holding too much of a particular security, this may drive down prices on both the Auction Market and the Dealer Market.\""}
{"_id": "565586", "title": "", "text": "When I was flying BA rather than Virgin Atlantic I occasionally ended up suffering on an American Airlines flight (stupid BA allied with them for whatever reason). Those flights were one of the biggest reasons I jumped to Virgin Atlantic. BA is great, but subjecting me to those AA planes was just too much after I had been in coach on a window seat and had my shoulder hit the side *in normal seated position* (I'm 187cm), something I've **never** had happen to me before. Absolutely wonderful on an Atlantic crosser let me tell you.  I also had to spend time in their miserable lounge at Logan once. Even that was a weak experience.  Anyway, any and all bad news to them are just what they deserve."}
{"_id": "565598", "title": "", "text": "Profit margins. The difference goes to shareholders as new equity every quarter. You don\u2019t need growth to see a return on equity. The consumer staple sector is a great example of this. They\u2019ve had negative to 0 revenue growth, yet have posted respectable returns since the recession."}
{"_id": "565602", "title": "", "text": "\"See other replies about Denver. Denver has been over hyped and is almost as expensive as Boston. It's no longer \"\"cheap\"\" there. Perhaps cheaper than SF or NYC. But I don't think that's the point of the Amazon expansion - to just barely beat SF or NYC.\""}
{"_id": "565607", "title": "", "text": "They always expire sometime, and they are a scam.  I recommend you unload any on ebay as soon as you get them.  For this one in articular, just ask to see a manager and explain your situation politely.  You'll usually get what you want."}
{"_id": "565609", "title": "", "text": "There is a great Kyle bass video that came out recently with the guy he is with saying that China has built something like 3 times the office space required to give every man woman and child their own cubicle.  When looked at that way it seems like the enormous building to keep gdp growth high can't be sustainable."}
{"_id": "565614", "title": "", "text": "In all probability, having lower coverage levels will result in higher premiums. As my insurance agent explained to me, the higher your coverages, the lower the insurance company believes your risk to be - because you think about insurance smartly, you're less likely to make spurious claims. I have my coverages run at various levels every 18-24 months, and it is almost always true that higher coverages result in lower premiums. Also, there is no guarantee you'll still be employed by the same company if an injury happens. Or that they'll continue to offer the same plans every year. Insurance is a calculated risk on the part of the insurer, and a means of sharing/deflecting risk (at a cost known as your premium) on the part of the insured. Even if your premiums are slightly higher (on the order of a couple dollars per month, for example), do you really want to save a couple dollars and then be surprised when your health insurance company doesn't want to cover something?"}
{"_id": "565633", "title": "", "text": "The 'unequal' treatment is to attempt to correct somewhat for the far-more-unequal treatment from the actual economic system.   Obviously you fight inequality by countering that inequality. I'm not sure how you think you fight inequality otherwise.   Edit: And the reason McDonalds doesn't do it is because they don't have an interest in equality or the good of the citizens as a whole, they're driven by a profit motive. The entire point of the government is that it doesn't have a profit motive so it can act on behalf of citizens."}
{"_id": "565660", "title": "", "text": "Media is worthless. I used to sell old books and movies on Amazon.com, but the hassle is significant and the returns low. I have had better luck donating old media to charity, and deducting the value that you typically get on Amazon ($0.01 + 2.99 shipping - media mail cost)"}
{"_id": "565667", "title": "", "text": "I recommend that you just leave the 401K where it is - a S&P 500 is a nice simple fund with very low expenses, and over the long term, I think that's a good choice for a 401K. I don't think it makes sense to put money in bonds at your age."}
{"_id": "565676", "title": "", "text": "\"If you pay her rent, how do you differ from a tenant in the eyes of the law? I ask this to show that you are in a business relationship first and foremost. If you don't want to file jointly, there is nothing compelling about your situation to force it. (Grant you, in most countries, there is a benefit to filing jointly) but here, I would argue it would be difficult to make the case. There are, to the best of my knowledge, no laws barring opposite sex landlord-tenant rental situations.  Furthermore, there are no laws barring romantic relationships amongst landlords and tenants.  Indeed, you would need to prove your relationship in some fashion for it to even be considered. In establishing a date of separation from my soon-to-be-ex-wife, for example, I merely needed to prove that we were not \"\"presenting ourselves as husband and wife.\"\"  Once I showed that we didn't sit together at church and that she was attending parties I wasn't, that was sufficient. Proving you are in a relationship is actually a lot harder than proving you're not.\""}
{"_id": "565684", "title": "", "text": "The Mad Fientist has an article on this. He gives these following benefits: He also gives the caveat that your employer may not match things in their entirety. Like you mentioned, this mostly applies to 401(k)s and not to HSAs where the employer tends to contribute a fixed amount (in my experience). Anecdotally, my wife and I front-load our IRAs; but not our HSA and 401(k) because we don't have that option. In the comment section of the linked article, several big-name early retirees confess to front-loading before it was cool."}
{"_id": "565691", "title": "", "text": "The assumption that house value appreciates 5% per year is unrealistic. Over the very long term, real house prices has stayed approximately constant. A house that is 10 years old today is 11 years old a year after, so this phenomenon of real house prices staying constant applies only to the market as a whole and not to an individual house, unless the individual house is maintained well. One house is an extremely poorly diversified investment. What if the house you buy turns out to have a mold problem? You can lose your investment almost overnight. In contrast to this, it is extremely unlikely that the same could happen on a well-diversified stock portfolio (although it can happen on an individual stock). Thus, if non-leveraged stock portfolio has a nominal return of 8% over the long term, I would demand higher return, say 10%, from a non-leveraged investment to an individual house because of the greater risks. If you have the ability to diversify your real estate investments, a portfolio of diversified real estate investments is safer than a diversified stock portfolio, so I would demand a nominal return of 6% over the long term from such a diversified portfolio. To decide if it's better to buy a house or to live in rental property, you need to gather all of the costs of both options (including the opportunity cost of the capital which you could otherwise invest elsewhere). The real return of buying a house instead of renting it comes from the fact that you do not need to pay rent, not from the fact that house prices tend to appreciate (which they won't do more than inflation over a very long term). For my case, I live in Finland in a special case of near-rental property where you pay 15% of the building cost when moving in (and get the 15% payment back when moving out) and then pay a monthly rent that is lower than the market rent. The property is subsidized by government-provided loans. I have calculated that for my case, living in this property makes more sense than purchasing a market-priced house, but your situation may be different."}
{"_id": "565693", "title": "", "text": "\"&gt;Show me a real case where as soon as the hive is destroyed and the bee dies immediately, or drop this silly example.  It is hardly \"\"silly\"\".  What IS silly is your contention of the opposite that somehow humans are \"\"bees\"\" needing a \"\"hive\"\".  &gt;We all die eventually and your comments about the elderly are alarming.  Yes, but the life expectancy of someone who is already 95 is measured in days, weeks, and months, not years or decades.  And the comment about the contribution to society is simply FACT, whether you like it or not; there is nothing \"\"alarming\"\" about it (unless you are some *socialistic/stateist* who believes that resources should be allocated by some central authority for the benefit of the larger population in the aggregate -- IOW, it's only alarming because of YOUR mindset, not mine).  &gt;Yeah, it's common to see a two year old in the wilderness, living off the land.  So when did \"\"several years\"\" suddenly become \"\"a two year old\"\".  Really, your pissant \"\"strawman\"\" arguments are getting tiring.  Bye Bye.\""}
{"_id": "565698", "title": "", "text": "It is possible to consolidate mortgages with Nationwide, in some circumstances. Quote from their website: It is possible to consolidate different mortgages and other debts such as personal loans and credit cards. However it does depend on your individual circumstances, including the exact type of loans you want to consolidate and whether you are still in a special deal period I, personally, would be amazed if you couldn't get them all in one mortgage without changing provider. But... I wouldn't be at all surprised if they forced you to have this one mortgage as a new mortgage, rather than adding balances to an existing one. My reasoning is as follows: Coming at it from a different angle: whatever there was that required your further borrowing to be in new mortgages, rather than added to your existing mortgage, will also preclude your multiple mortgages being added to one of your existing mortgages."}
{"_id": "565707", "title": "", "text": "\"not a fan of Taylor swift, but this article is pretty silly. her beef is with her promotion style? that she says she is going to announce something on August 18th, and then proceeds to announce something on August 18th? like \"\"you were supposed to surprise me! the way you have promoted your record is so unoriginal\"\"... never mind what the album sounds like... her go-to-market strategy is so cliche!\""}
{"_id": "565708", "title": "", "text": "For sure less staff, but they're probably removing the cashiers in the front to replace them with their cashier-less checkouts:  https://www.google.com/amp/s/www.theverge.com/platform/amp/2016/12/5/13842592/amazon-go-new-cashier-less-convenience-store  Think it was coincidence Amazon piloted their cashier-less store in Seattle before purchasing WF? Just means more people in the back of the house to stock/answer questions. That is until Amazon figures out how to replace those employees with automated robots to stock the store shelves."}
{"_id": "565727", "title": "", "text": "\"Once you are done painting it register your \"\"TrustyTukTuk\"\" (great name by the way) on some popular local social media sites and stencil those names in on the side so they show up in pictures. Great advertising and gets your name further out there. Good luck!\""}
{"_id": "565736", "title": "", "text": "\"A retraction privilege is a right extended to the shareholder that allows such shareholder to demand repayment of the principal. If one exercises the right to retract, the shares are exchanged for principal plus a sweetener and/or less a penalty. The requirement to provided matched shares means that the shares purchased plus those matched by the employer only have retraction privileges.  Unmatched shares do not. To be certain, it's always best to read all contracts, but in essence, this is a way to \"\"cash out\"\" of the preferred shares. The consent to resale is a power granted to the holder over the corporation to resell the retracted shares.  If it's granted, the corporation can sell to another party; if not, the corporation will have to retire the shares and issue new shares to maintain the previous number of shares outstanding.  It is likely that withholding consent has a penalty, and/or granting consent has a sweetener.\""}
{"_id": "565738", "title": "", "text": "\"If I were in your shoes I'd probably take the Vanguard Total Market fund with Admiral shares, then worry about further diversification when there is more in the account. Many times when you \"\"diversify\"\" in to multiple funds you end up with a lot of specific security overlap.  A lot of the big S&P 500 constituents will be in all of them, etc.  So while the 10 or so basis points difference in expense ratio doesn't seem like enough of a reason NOT to spread in to multiple funds, once you split up the money between Large, Mid, Small cap funds and Growth, Value, Dividend funds you'll probably have a collection of holdings that looks substantially similar to a total market fund anyway. Unless you're looking for international or some specific industry segment exposure and all of the money is going to equities anyway, an inexpensive total market fund makes a lot of sense.\""}
{"_id": "565745", "title": "", "text": "I tried this a few months ago when I got one from Chase for 0%.  Thought it might be fun to play with, maybe make some money with the interest elsewhere over the 6 months.  Read the term and called Chase for more information on these and didn't see any issues at first.   The big thing that got me was that the rest of my account (not the money from the convenience check) was converted so that interests accrued on a daily basis even if you paid it all off at the end of the month.  So even though I was making the required payments that would normally not incur any interest, just by having the convince check balance on my account I was being charged the interest for my normal credit card charges over the month.   The amount of charges came out to only be around $10-$20, so wasn't much of a loss really.  But something to keep in mind when using these, (I tried it with 0% APR and still couldn't get away from the interest).  If I had needed the money this would still be an excellent way to go.  But if your trying to beat Chase with this game, it doesn't work...  Although if you don't use the card for anything other than the convenience check it's free money (or cheap @ 3.99% in your case) Everything in my account went back to normal after it was paid off, so no harm really, but some things to keep in mind at least."}
{"_id": "565757", "title": "", "text": "&gt; I didn't know the demand for trucks is that big, where do they all go?  Most of them go to businesses &amp; tradespeople (who actually NEED to be driving trucks much of the time) -- and who tend to put a LOT of miles on the things (burning them out quicker than consumer vehicles)."}
{"_id": "565762", "title": "", "text": "It might be worth talking to a mortgage broker, even if you don't actually end up doing business with them. Upfront Mortgage Brokers explained Finding an upfront broker near you In a nutshell, upfront brokers disclose what they are paid for their services openly and transparently. Many brokers don't, and you can't be too careful. But a consultation should be free. An experienced broker can help you to navigate the pros and cons mentioned by the other responders. Personally, I would never do business with a broker who can't/won't show me a rate sheet on the day of the lock. That's my personal acid test. You might be surprised by what the broker has to say regarding your situation. That was my experience, anyway."}
{"_id": "565765", "title": "", "text": "I think you are mixing up forward looking statements with the actual results. The funds objective   The fund invests primarily in stocks that tend to offer current dividends. It focuses on high-quality companies that have prospects for long-term total returns as a result of their ability to grow earnings and their willingness to increase dividends over time Obviously in 1993 quite a few companies paid the dividends and hence VDIGX was able to give dividends. Over the period of years in some years its given more and in some years less. For example the Year 2000 it gave $ 1.26, 1999 it gave $ 1.71 and in 1998 it gave $ 1.87 The current economic conditions are such that companies are not making huge profts and the one's that are making prefer not to distribute dividends and hold on to cash as it would help survive the current economic conditions. So just to clarify this particular funds objective is to invest in companies that would give dividends which is then passed on to fund holders. This fund does not sell appreciated stocks to convert it into dividends."}
{"_id": "565769", "title": "", "text": "I don't think you know who you are talking to. I build houses for a living. I'm a guy that works with his hands. I hire hundreds of people who work with their hands for a living.  Do I assume the worst of the guys that work with me? Absolutely not. There are plenty that do great work and are a joy to work with. However, there are plenty who are not. One of my workers bought a giant truck while dodging child support for the 4 children he has with 3 different women. Should he own a house? Is he capable of consistently making the payments while maintaining it? If he didn't get paid on Friday he left the job because he couldn't afford his bills. When he was overpaid on a Friday he blew $400 partying over the weekend and was right back to broke by the next Friday.  It's a pretty silly argument to suggest that everyone is capable of owning a house. A house is a statement of value in society. It takes hundreds of people thousands of hours to build. That work culminates into a finished product that is paid off over a long period of time. If you are untrustworthy and cannot handle finances, you can't afford a house. If you do not provide the value to society that is comparable to the house you want, you can't afford a house.  That being said, the initial argument is as bogus as yours. I have a 2 bed 1 bath apartment for rent for $500 right now inside 610 loop in Houston TX. It's 10-15 minutes from downtown."}
{"_id": "565770", "title": "", "text": "Offers EOT cranes, electric wire rope hoist, Goods Lift, double girder crane, twin girder crane, double bridge crane, single girder crane, monorail crane, bridge girders, end carriages, electric motors, brakes, gear boxes, wire ropes, track wheels, couplings, electricals, switch gears, electric cables by MG Cranes in Ahmedabad, India."}
{"_id": "565777", "title": "", "text": "You buy a share of something for $100.  It goes up by 10% over a year, and you now have $110 in value.  It goes up by 10% next year and you now have $121.  That original $10 increase was compounded even though you're not earning interest because the gains are measured as a percentage.  If, instead, you'd only invested the second year you'd have less value.  Assuming the markets average a positive gain (above inflation) you see greater gains the earlier you're invested."}
{"_id": "565778", "title": "", "text": "Yes, and Japan's population density of 336 people per square kilometer makes that feasible. New Zealand's population density is relatively low, at 17.9 per square kilometer. While Auckland housing prices have been steadily increasing for decades, New Zealand has only just been experiencing a population boom driven by immigration that would make it necessary to build upwards."}
{"_id": "565782", "title": "", "text": "Another answer to this question occurred to me as I started learning more about historical uses for gold etc.  Perhaps it's a crackpot idea, but I'm going to float it anyway to see what you folks think. Investing in Gold is an indirect investment in the Economy and GDP of the nation of India.  To that extent is it only a hedge against inflation, so long as the indian economy grows at a more rapid rate than your local inflation rate.  Fact, India currently consumes more than 1/3 of gold production, predominantly in the form of Jewelry. And their demand has been growing rapidly, up 69% just between 2009 and 2010 alone. I can't find too many historial consumption numbers for India, but when you look at past articles on this subject, you see phrases like 'one forth' and '20%' being used only a few years go to describe India's consumption levels. Fact, India has virtually no domestic sources of gold.  India\u2019s handful of gold mines produce about 2.5 tonnes of the metal each year, a fraction of the country\u2019s annual consumption of about 800 tonnes. Fact. Indian Culture places high value on gold as a visible demonstration of wealth.  Particularly in situations such In Indian weddings where the bride brings in gold to show her family's status and wealth and it forms part of the dowry given to bride. It is believed that a bride wearing 24k gold on their wedding to bring luck and happiness throughout the married life. Fact, the recent trends in outsourcing, Indian citizens working abroad sending money home, etc have all lead to a influx of foreign cash to the Indian economy and explosive GDP growth. See the following chart and compare the period of 2000-current with a chart showing the price of gold in other answer here.  Notice how the curves parallel each other to a large degree  Potentially unfounded conclusion drawn from above numbers.  The rapid growth of the Indian economy, coupled with a rich cultural tradition that values gold as a symbol of wealth, along with a sudden rise in 'wealthy' people due to the economy and influx of foreign cash, has resulted in skyrocketing demand for gold from India, and this large 'consumption' demand is the most likely explanation for the sudden rise in the price of gold over the last several years.  Investors then jump on the 'rising price bandwagon' as especially does anyone that can make a profit from selling gold to those seeking to get on said bandwagon. As such, as long as indian cultural tradition remains unchanged, and their economy remains strong, the resulting increasing demand for gold will sustain current and perhaps increased prices.  Should there be any sudden collapse in the Indian GDP, gold will likely tumble in parallel. disclaimer: not an expert, just observations based off the data I've seen, there may be other parts to the picture of 'gold demand' that I've not considered."}
{"_id": "565798", "title": "", "text": "Lottery tickets where I live are often for charity. The charity does good things with your money. So you can buy a ticket and feel good whether you win or not, so that makes it an investment in your own well-being. For some of us, who maybe buy a lottery ticket once a year, it's the fun you are paying for. You know you are not really going to win, but you spend a few hours being excited waiting for the draw. Cheaper than the cinema.  And you never know, you might win after all... The odds may be ridiculous, but somebody's going to get it..."}
{"_id": "565816", "title": "", "text": "Hey now, it works! Some of the time...against one missile...in ideal conditions.  What an absolute joke. You know what doesn't cost a single penny? To stop antagonizing 3rd world countries that aren't actually going to ever attack the US. That would reduce the threat of a nuclear attack infinitely more that this bullshit."}
{"_id": "565825", "title": "", "text": "Like Mingy said, it probably won't hurt. Maybe don't stick it on every package but put it on your site and just get it out there. Those who want to read it will, and those who don't have the choice not to. Best of luck."}
{"_id": "565827", "title": "", "text": "\"If you can afford the time and are looking for more deep, and fun, investment tips, check out http://gurufocus.com. Great for more fundamental analysis of \"\"Intelligent Investor\"\" type Benjamin Graham-style businesses.  No use scatter-shooting the stock exchange hoping to find good value businesses. Even blue-chips have an increasingly uncertain future (except IMHO certain world dominators like KO, WMT, XO and MCD).\""}
{"_id": "565836", "title": "", "text": "The more educated the person, the less likely they were to vote for Trump. Undergraduates degrees were in Clinton's favor. And any professional or post graduate education was significantly against Trump, Clinton won that demographic by over 20 points. Links below.   But age and race were the main factors in voting for Trump, basically old white people. Because of the age gap, it makes sense that income would also be in that favor, as younger people are significantly poorer than their grandparents on average. However, the split is almost 50/50 in every income gap over 100k, so while accounting for the age difference and the education gap, logic tells us that the richer younger people were in Clinton's favor, not just poor people.   There are a lot of inferences you can make here, but it was essentially white elderly people and young white uneducated people that were the biggest predictor of one side, and young educated people on the other. With all minority groups also on that same side.   Education: http://college.usatoday.com/2016/11/09/how-we-voted-by-age-education-race-and-sexual-orientation/  https://fivethirtyeight.com/features/education-not-income-predicted-who-would-vote-for-trump/"}
{"_id": "565841", "title": "", "text": "Austin did it while Uber was gone w/RideAustin. A portion of the fares could go to charity as well.  I used the app a few weeks ago (literally weekend before Uber came back)....the app straight up ripped off Uber. It felt like Uber just made this satellite company to still ride share."}
{"_id": "565856", "title": "", "text": "\"I live in Canada and have a BMO mastercard. I called them and asked them and their answer was \"\"of course!\"\". I have put thousands of dollars on my mastercard from my bank account to pay for rare, large purchases. The money I put on appears differently on my online mastercard account though.  EX:  account balance: $6,000.00 CR  available credit: $3,000.00  This confused me at first, but when I called and asked them, they said my available credit doesn't  change (ie: how much BMO lends me), but when I add my available credit + what I've put on my card (my account balance, which is CR (meaning my balance has a surplus of money)), then my spending limit is $9,000.00 So, I don't increase my \"\"credit\"\" limit, but I do increase my spending limit. It just comes down to terminology. I assume it is like this for other credit cards, but I would recommend calling and asking, just to be on the safe side. Heath\""}
{"_id": "565861", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-britain-eu-jobs-exclusive/exclusive-10000-uk-finance-jobs-affected-in-brexits-first-wave-reuters-survey-idUSKCN1BT1EU) reduced by 91%. (I'm a bot) ***** &gt; LONDON - Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe&amp;#039;s single market, according to a Reuters survey of firms employing the bulk of workers in international finance.  &gt; The 39 who gave information on their Brexit staffing plans included many of the companies most likely to be affected by losing the EU financial &amp;quot;Passport&amp;quot; mechanism because London is their base to sell services across the EU. The survey indicated 9,777 banking roles would be affected.  &gt; Bank of America and Credit Suisse, two of the biggest investment banks in London, declined to say how many jobs would be affected.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70vv1n/10000_uk_finance_jobs_affected_in_brexits_first/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~212179 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bank**^#1 **Brexit**^#2 **survey**^#3 **job**^#4 **LONDON**^#5\""}
{"_id": "565868", "title": "", "text": "My question is... how is this new value determined?  Does it go off of   the tax appraised value? The tax assessors values are based on broad averages and are not very useful in determining actual home value. The most defensible valuation outside of a sale is a professional appraisal, real-estate agents may or may not give you reasonable estimates, but their opinions are less valuable than that of a professional appraiser. Additionally, agents hoping to land you as a client (even if you tell them you're not trying to sell) could be motivated to over-estimate. In many instances a few opinions from agents will be good enough, but if there is any contention a professional appraisal will be better. Should you, prior to your death, get an independent appraiser to   appraise the value of the property and include that assessment of the   properties value with the will or something? The real-estate market fluctuates too much to make having an appraisal done prior to your death a practical approach in most circumstances. You could make arrangements so that an appraisal would be scheduled after your death. Here's a good resource on the topic: Estimating the Value of Inherited Real Estate"}
{"_id": "565893", "title": "", "text": "I am not going to go through my entire college college curriculum. I went to school for business,  so yes the focus of my diversity education was engaging diverse collegues and customers.   Going back to my original point that some diversity training is a valuable part of a college degree, my education has helped me thrive (yes economically) in a diverse world."}
{"_id": "565909", "title": "", "text": "If this is the initial transaction, the rules of a short margin account say that if you shorted 1000 share of ABC at $5/share your credit balance would be $5000 from the short plus you would have to put up yourself $5000 cash or $10,000 of marginal securities. So this is not really leveraging using margin. You have to put in just as much as the short generates. Is that what this relates to? Once the initial purchase has been made the minimum maintenance for a stock trading under $5 per share is 100% of the short market value in the margin account or $2.50 per share whichever is greater. For stock trading at $5/share or greater the minimum maintenance requirement is $5/share or 30% of the short market value, whichever is greater. The minimum maintenance requirements can be tighter."}
{"_id": "565926", "title": "", "text": "In a simple world yes, but not in the real world. Option pricing isn't that simplistic in real life. Generally option pricing uses a Monte Carlo simulation of the Black Scholes formula/binomial and then plot them nomally to decide the optimum price of the option. Primarily multiple scenarios are generated and under that specific scenario the option is priced and then a price is derived for the option in real life, using the prices which were predicted in the scenarios.  So you don't generate a single price for an option, because you have to look into the future to see how the price of the option would behave, under the real elements of the market. So what you price is an assumption that this is the most likely value under my scenarios, which I predicted into the future. Because of the market, if you price an option higher/lower than another competitor you introduce an option for arbitrage by others. So you try to be as close to the real value of the option, which your competitor also does. The more closer your option value is to the real price the better it is for all. Did you try the book from Hull ? EDIT: While pricing you generally take variables which would affect the price of your option. The more variables you take(more nearer you are to the real situation) the more realistic your price will be and you would converge on the real price faster. So simple formula is an option, but the deviations maybe large from the real value. And you would end up loosing money, most of the time. So the complicated formula is there for getting a more accurate price, not to confuse people. You can use your formula, but there will be odds stacked against you to loose money, from the onset, because you didn't consider the variables which might/would affect the price of your option."}
{"_id": "565935", "title": "", "text": "That doesn't make sense. He needs the exposure to grow his business not a product iterations that are not even valuable to customers. With that being said, I think the top comment on this thread with having the Instagram and Trip advisor presence is spot on.  The only product iteration (that would result in broader exposure) I could think of, would be providing an extremely personalized experience to clients, offering them 1/2 day trips visiting interesting places, guiding them, making their experience of the trip remarkable. This would result in lot of exchanges numbers, reviews and recommendations."}
{"_id": "565945", "title": "", "text": "I don't know about the Saudi part of your point, but generally these are estimations based on the ownership stake of X person's main enterprise (e.g. Amazon, Microsoft, Berkshire). Even if Bezos made millions one year investing in, whatever, McDonald's franchises, it's a rounding error compared to his ~$80bn stake in Amazon, so they don't need pour over tax returns to get exact info."}
{"_id": "565946", "title": "", "text": "Unless a lot of people I know don't actually exist, yes there are a lot. First off putting UChig as tier 1 is questionable at best. Second, if you've never met anyone from UVA, UMich, BU, Georgetown etc. on the street than you must know only a handful of people.   Also, I was a front office hire out of a lower tier undergrad so there's that as well..."}
{"_id": "565971", "title": "", "text": "&gt;PI\u2019s attorney, Dan Webb, said in court Monday that ABC used the term \u201cpink slime\u201d 350 times over the course of its reporting, and that ABC willfully spread this preconceived, negative message. Webb also showed the jurors a picture of lean finely textured beef. \u201cIt physically doesn\u2019t look like slime,\u201d he said.  It physically doesn't look like slime, and presumably it isn't slime chemically.   What's their reason for calling it 'pink slime'?   &gt;In fact, the term \u201cpink slime\u201d was coined by one of the segment\u2019s whistleblowing USDA scientists in a 2002 email to colleagues, and a 2009 New York Times piece using the term to describe BPI\u2019s meat product won a Pulitzer Prize.  So, they coined a word to describe something that was intentionally designed to sensationalize it, in a negative way.  If I were on the jury this is the point of fact that I'd base my vote on.  The media needs to be slapped pretty hard when they start actively damaging people and companies to sell stories."}
{"_id": "565972", "title": "", "text": "Yes you can. Buy to let mortgages are typically lent on a combination of expected rental income, plus a part of the applicants other income. They also (at the moment) usually require a fairly hefty deposit.  The exact requirements are likely to have changed by the time you apply, but in basic, yes. There is another option. You can increase your mortgage on your currently property, and buy the BTL with cash. This gives some more flexibility, as you can move faster, so is great for an auction purchase. It is also often cheaper to mortgage your main property, and you will get a lower rate. Of course, to do this you will need sufficient equity in your main property, and income to cover the mortgage repayments, so the practicality of this depends on your main property value and the amount you need."}
{"_id": "565985", "title": "", "text": "The crucial question not addressed by other answers is your ability to repay the debt.   Borrowing is always about leverage, and leverage is always about risk.  In the home improvement loan case, default comes with dire consequences-- to extinguish the debt you might have to sell your home. With a stable job, reliable income, and sufficient cash flow (and, of course, comfort that the project will yield benefits you're happy to pay for), then the clear answer is, go ahead and borrow. But if you work in a highly cyclical industry, have very little cash saved, or for whatever other reason are uncertain about your future ability to pay, then don't borrow.  Save until you are more comfortable you can handle the loan.  That doesn't necessarily mean save ALL the money; just save enough that you are highly confident in your ability to pay whatever you borrow."}
{"_id": "566005", "title": "", "text": "He should look into the Voluntary Disclosures Program. He will have to keep up to date with his taxes thereafter, but the outcome will likely be better than if they discover he hasn't been filing before he discloses it."}
{"_id": "566028", "title": "", "text": "As other people have said they should register with a broker in the country they reside in that can deal in US stocks, then fill out a W8-BEN form. I have personally done this as I am from the Uk, it's not a very complicated process. I would assume that most US brokers don't allow foreign customers due to the person having to pay tax where they reside and the US brokers don't want to have to keep approximately 200 different tax codes in track."}
{"_id": "566030", "title": "", "text": "There are two levels to consider here: That said, before loaning/giving anyone money ask yourself if it is good for them.  If they have problems managing their money, or holding down a job, and you give them money, they are just going to come back for more later.  In this type of situation, you shouldn't give/loan them money.  But on the other hand, if a friend or family member has hit a rough patch and you know they are the kind of person that will be on their feet again soon, and you have nothing to lose, give them the money."}
{"_id": "566041", "title": "", "text": "There are several assumptions you made, that don't match the current laws: Costs: COBRA:"}
{"_id": "566053", "title": "", "text": "I agree and I said that in my above post. Both generations have entitlement issues.  edit:the machievillian part I alluded to was not my own opinion by the way. I read it in my organizational behavior textbook when I was doing my MBA. If this is an analysis done by academics on generational attitudes and personalities, then I will pay attention to it."}
{"_id": "566068", "title": "", "text": "\"My \"\"bad advice detector\"\" gets tingled by the following:\""}
{"_id": "566069", "title": "", "text": "The simplest way is to invest in a few ETFs, depending on your tolerance for risk; assuming you're very short-term risk tolerant you can invest almost all in a stock ETF like VOO or VTI.  Stock market ETFs return close to 10% (unadjusted) over long periods of time, which will out-earn almost any other option and are very easy for a non-finance person to invest in (You don't trade actively - you leave the money there for years).  If you want to hedge some of your risk, you can also invest in Bond funds, which tend to move up in stock market downturns - but if you're looking for the long term, you don't need to put much there. Otherwise, try to make sure you take advantage of tax breaks when you can - IRAs, 401Ks, etc.; most of those will have ETFs (whether Vanguard or similar) available to invest in.  Look for funds that have low expense ratios and are fairly diversified (ie, don't just invest in one small sector of the economy); as long as the economy continues to grow, the ETFs will grow."}
{"_id": "566072", "title": "", "text": "\"&gt; \"\"Taxation is theft\"\" is an empirically true statement. It is not an opinion.  Trying to give you the benefit of the doubt after that one. You do realize that  citizenship *implies* agreeing to abide by the countries laws - one of the biggest of which is taxation? This is true in the same way that receiving a driver's license implies a willingness to abide by road laws and regulations.   Pay them or not pay them. No soon off my back. Obviously I highly disagree with you. However, if you really think it is theft, then what does that make you that you stand by and allow it to happen *every* year...\""}
{"_id": "566074", "title": "", "text": "Anyone have any recommendations for a long term investment? I\u2019m thinking like holding for 30 years, Iv got a bunch invested already but they are all only from my view. Lots are in the renewable energy sector such as solar wind and hydro. But I\u2019m looking for 1 or two more maybe to put an extra 5k down on and just sit for 30 years and hopefully it grows"}
{"_id": "566075", "title": "", "text": "It is worth checking currency types you have authorised on your account, and that the payment that your client sent is in one of those currencies. Paypal will not always move or convert between currencies, and I have seen payments held for authorisation where simply enabling the paid currency at the receiving end would allow the transfer."}
{"_id": "566076", "title": "", "text": "For anyone looking to move to a better webhost, you will find many, many webhosting companies that are offering better deals, better service, and more up to date servers than GoDaddy.   I can recommend a couple of companies for hosting.  For your basic, economy hosting on solid hardware - http://www.serenity-networks.com/ is quite awesome.  If you're hosting a site that demands serious performance and is PHP based, http://www.simplehelix.com/  SimpleHelix specializes in high performance PHP and e-commerce sites.  Both will walk you through transferring a domain from GoDaddy.  Both will migrate your site for free.  Both are backed by 24/7 tech support.  Happy trails."}
{"_id": "566091", "title": "", "text": "The model itself is fairly common for serving particular niche markets. A few other organizations which operate in similar setups: prepaid card providers such as NetSpend, GreenDot, AccountNow, etc; startups such as SmartyPig, PerkStreet, WePay, and HigherOne. Still, nobody else seems to be providing full-service online banking to mainstream customers the way we plan to.  We plan to have much better security than most banks, which isn't hard given the current sorry state of online banking in the US. And having an intermediary who's looking out for your interests can be a good thing. David, my co-founder Josh lays out our launch plans and why we are invite-only in his latest post. In short, we made a decision to build our own call center rather than outsource it, and that limits how quickly we can bring people on."}
{"_id": "566111", "title": "", "text": "We need things to expire.  That is the trade off in order to lock up the rights. Just look at all the 3d printer patents that expired in the last few months.  We are about to get a front row seat what happens when innovation isn't restricted."}
{"_id": "566126", "title": "", "text": "Well, you still have to pay to ship &amp; store paper, ink, binding materials, and book-binding printers &amp; parts.   If only there was some kind of electronic \u201cinfinite page\u201d device that would offer truly zero marginal distribution cost. Maybe they could give it a snazzy name like *Kimble* or something. :P  Of course I\u2019m kidding, if someone wants a printed book that\u2019s what they want."}
{"_id": "566128", "title": "", "text": "I really don't know about will it help you, but here is what I do: It is not classic solution, but maybe it will work for you (works for me very well)."}
{"_id": "566153", "title": "", "text": "The Government sponsored website will give you one free report from each of the 3 bureaus every year. No subscription or anything of the sort and no ding (that I've seen). Most people check it 3 times, every 4 months. http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre34.shtm"}
{"_id": "566171", "title": "", "text": "For insurance pricing, it seems as though it doesn't matter all that much which group it is in if they are adjusting it based on just the Tesla data.  I imagine Tesla is more concerned about the perception.  They want to market the car as a safer vehicle to drive.  So if AAA came out and said the increase was due to repair costs, I doubt you'd hear anything from Tesla.  But AAA said that it is also due to accident frequency, which goes against Tesla's marketing strategy."}
{"_id": "566174", "title": "", "text": "If they wanted to surprise people, confirming it on the phone to a single LA Times reporter right after earnings, and right after saying a different number during earnings, isn't the way to do it.  It's just not going to be 100k cars delivered next year.  I'd love it to be 100k cars next year, because if that announcement came out, and the market responded appropriately, I'd make six figures in a day easily, probably several times over, since I'm heavily invested in stock and LEAPs.  But it's just not going to happen.  As for seeing Alpha Xs soon...yeah, that seems likely.  Keep your eyes open and let everyone know when you see one :-)"}
{"_id": "566184", "title": "", "text": "\"Basically, you have purchased 25% of the condo for $40,000, and your parents bought 75% of the condo for another $115,000. We imagine for a moment that it wasn't you who lived in the condo, but some unrelated person paying rent.  You are paying $7,500 a year for tax and fees, plus $6,000 a year, so there is $13,500 leaving your wallet. If $15,500 a year was a reasonable rent, then the tax and fee would be paid out of that, there would be $8,000 left, of which you would get 25% = $2,000. If you were officially \"\"renting\"\" it, you would pay $15,500 a year, and get $2,000 back, again $13,500 leaving your wallet. So you are in exact the same situation financially as you would be if you paid $15,500 rent.   Question: Is $15,500 a year or $1,290 a month an appropriate rent for your condo? If a neighbour is renting his condo, is he or she paying $1,290 or more or less? Could you rent the same place for the same money? If $1,290 is the correct rent then you are fine. If the rent should be lower, then you are overpaying. If the rent should be higher, then you are making money.  Keep in mind that you will also be winning if rents go up in the future.\""}
{"_id": "566190", "title": "", "text": "Unless you are a member of the federal reserve. Guaranteed 7% baby.  Stocks and real estate during inflation,  then liquidate and still get solid returns while everyone is grasping at 4%. Come back next cycle and do it again."}
{"_id": "566205", "title": "", "text": "\"I'm not a financial expert, but saying that paying a $1 dividend will reduce the value of the stock by $1 sounds like awfully simple-minded reasoning to me. It appears to be based on the assumption that the price of a stock is equal to the value of the assets of a company divided by the total number of shares. But that simply isn't true. You don't even need to do any in-depth analysis to prove it. Just look at share prices over a few days. You should easily be able to find stocks whose price varied wildly. If, say, a company becomes the target of a federal investigation, the share price will plummet the day the announcement is made. Did the company's assets really disappear that day? No. What's happened is that the company's long term prospects are now in doubt. Or a company announces a promising new product. The share price shoots up. They may not have sold a single unit of the new product yet, they haven't made a dollar. But their future prospects now look improved. Many factors go into determining a stock price. Sure, total assets is a factor. But more important is anticipated future earning. I think a very simple case could be made that if a stock never paid any dividends, and if everyone knew it would never pay any dividends, that stock is worthless. The stock will never produce any profit to the owner. So why should you be willing to pay anything for it? One could say, The value could go up and you could sell at a profit. But on what basis would the value go up? Why would investors be willing to pay larger and larger amounts of money for an asset that produces zero income? Update I think I understand the source of the confusion now, so let me add to my answer. Suppose that a company's stock is selling for, say, $10. And to simplify the discussion let's suppose that there is absolutely nothing affecting the value of that stock except an expected dividend. The company plans to pay a dividend on a specific date of $1 per share. This dividend is announced well in advance. Everyone knows that it will be paid, and everyone is extremely confidant that in fact the company really will pay it -- they won't run out of money or any such. Then in a pure market, we would expect that as the date of that dividend approaches, the price of the stock would rise until the day before the dividend is paid, it is $11. Then the day after the dividend is paid the price would fall back to $10. Why? Because the person who owns the stock on the \"\"dividend day\"\" will get that $1. So if you bought the stock the day before the dividend, the next day you would immediately receive $1. If without the dividend the stock is worth $10, then the day before the dividend the stock is worth $11 because you know that the next day you will get a $1 \"\"refund\"\". If you buy the stock the day after the dividend is paid, you will not get the $1 -- it will go to the person who had the stock yesterday -- so the value of the stock falls back to the \"\"normal\"\" $10. So if you look at the value of a stock immediately after a dividend is paid, yes, it will be less than it was the day before by an amount equal to the dividend. (Plus or minus all the other things that affect the value of a stock, which in many cases would totally mask this effect.) But this does not mean that the dividend is worthless. Just the opposite. The reason the stock price fell was precisely because the dividend has value. BUT IT ONLY HAS VALUE TO THE PERSON WHO GETS IT. It does me no good that YOU get a $1 dividend. I want ME to get the money. So if I buy the stock after the dividend was paid, I missed my chance. So sure, in the very short term, a stock loses value after paying a dividend. But this does not mean that dividends in general reduce the value of a stock. Just the opposite. The price fell because it had gone up in anticipation of the dividend and is now returning to the \"\"normal\"\" level. Without the dividend, the price would never have gone up in the first place. Imagine you had a company with negligible assets. For example, an accounting firm that rents office space so it doesn't own a building, its only tangible assets are some office supplies and the like. So if the company liquidates, it would be worth pretty much zero. Everybody knows that if liquidated, the company would be worth zero. Further suppose that everyone somehow knows that this company will never, ever again pay a dividend. (Maybe federal regulators are shutting the company down because it's products were declared unacceptably hazardous, or the company was built around one genius who just died, etc.) What is the stock worth? Zero. It is an investment that you KNOW has a zero return. Why would anyone be willing to pay anything for it? It's no answer to say that you might buy the stock in the hope that the price of the stock will go up and you can sell at a profit even with no dividends. Why would anyone else pay anything for this stock? Well, unless their stock certificates are pretty and people like to collect them or something like that. Otherwise you're supposing that people would knowingly buy into a pyramid scheme. (Of course in real life there are usually uncertainties. If a company is dying, some people may believe, rightly or wrongly, that there is still hope of reviving it. Etc.) Don't confuse the value of the assets of a company with the value of its stock. They are related, of course -- all else being equal, a company with a billion dollars in assets will have a higher market capitalization than a company with ten dollars in assets. But you can't calculate the price of a company's stock by adding up the value of all its assets, subtracting liabilities, and dividing by the number of shares. That's just not how it works. Long term, the value of any stock is not the value of the assets but the net present value of the total future expected dividends. Subject to all sorts of complexities in real life.\""}
{"_id": "566215", "title": "", "text": "You overgeneralize too much.  Investors have their place and use.  Picking a few examples and make broad statements about a whole industry is just tiresome.  Of course they have something to gain, they are putting their money on the line.  This is capitalism, not altruism."}
{"_id": "566223", "title": "", "text": "I\u2019ll start with what worked for me, to get me hooked. This list is by no means exhaustive.   *One Up On Wall Street* by Peter Lynch discusses competitive advantages and staying close to the story of a business. Explores the concept of \u2018buy what you know\u2019. He has also written *Beating the Street*.  *The Drunkard\u2019s Walk: How Randomness Rules Our Lives* by Leonard Mlodinow is not dissimilar to *A Random Walk Down Wall Street*, but I preferred this book as it explores the concepts of randomness and survivors bias.   *Against the Gods* by Peter Bernstein is a dense book, but in my opinion is the definitive text on the development of numbers, probability theory, and risk management. I absolutely love this book.   *The Most Important Thing* by Howard Marks is immensely readable, enjoyable, and looks at value investing for the long run. Howard Marks has been a macro behavioural investor before behavioural investing was a thing.   Speaking of behavioural biases, *Thinking, Fast and Slow* by Daniel Kahneman is a spectacular look at how your brain\u2019s quick-trigger responses can often be wrong.  On the subject of behaviour and biases, *Influence: The Psychology of Persuasion* by Robert Cialdini is another topic-defining book  More books by long term veteran professional investment managers that should be enjoyed: - *The Little Book That (Still) Beats the Market* by Joel Greenblatt - *Beat the Crowd* by Ken Fisher - *Big Money Thinks Small* by Joel Tillinghast - *Common Stocks and Uncommon Profits* by Philip A. Fisher - *The Little Book of Behavioural Investing* by James Montier - *Margin of Safety* by Seth Klarman  And I\u2019ll be banned from this forum without mentioning *The Intelligent Investor* by Benjamin Graham.    As per some other comments, my personal opinion is that books that describe events or periods of time like *Liars\u2019 Poker* [80s Junk Bonds], *The Big Short* [Financial Crisis], *When Genius Failed* [the LTCM collapse, excellent read by Rogers Lowenstein], *All The Devils Are Here* [by McLean and Nocera, another Financial Crisis book, much better than Lewis\u2019s, IMO] are all educational and quite entertaining, but don\u2019t honestly have much to do with the actual nuts and bolts of the real financial industry.   Enjoy!"}
{"_id": "566225", "title": "", "text": "Dental Implants - At most dental practices, the implant team consists of a periodontist, an oral / maxillofacial surgeon, a prosthodontist and a general dentist for the placement of the implant and design of the restorative attachment \u2013 often at different dental offices. At Cambridge Dental Group, however, we perform the entire procedure in-house for your convenience and peace of minDental Implants Procedure Brick, NJd."}
{"_id": "566234", "title": "", "text": "Generally speaking personal loans have higher rates than car loans.  During fairly recent times, the market for car loans has become very competitive.  A local credit union offers loans as low as 1.99% which is about half the prevailing mortgage rate.  In comparison personal loans are typically in the 10-14% range.   Even if it made mathematical sense to do so, I doubt any bank would give you a personal loan secured by a car rather than car loan.  Either the brain would not work that way; or, it would simply be against company policy. These questions always interest me, why the desire to maximize credit score?  There is no correlation between credit score and wealth.  There is no reward for anything beyond a sufficiently high score to obtain the lowest rates which is attained by simply paying one's bills on time.  One will always be limited by income when the amount able to borrow is calculated regardless of score.   I can understand wanting to maximize different aspects of personal finance such as income or investment return percentage, etc..  By why credit score?  This is further complicated by a evolving algorithm.  Attempts to game the score today, may not work in the future."}
{"_id": "566264", "title": "", "text": "There's no way the greek government has the cash to defend a peg. Defending a peg takes a lot of cash. If your currency goes above the peg, you need to print more. If it goes below the peg, you need to buy it back, with euros for example. Greece has no euros, and so cannot defend a peg."}
{"_id": "566265", "title": "", "text": "Yeah, that part is truly brutal.  Even if you really did the best things imaginable to lower tuition costs, like AP courses in high school, AA at junior college, then state school for your bachelor's, you're still easily looking at $20k in debt.  Amazon pay at a warehouse simply isn't going to cut it."}
{"_id": "566287", "title": "", "text": "And pocketing a transaction fee every step of the way. The bigger the loan, the bigger the fee, so everyone in the chain of deceit had incentive to lie on the loan application. You had agents lying on behalf of clients to secure them a bigger loan, making up higher salaries, previous houses, all kinds of stuff."}
{"_id": "566332", "title": "", "text": "\"Were you thinking of an annuity? They guarantee regular payments, usually after retirement. In any case, every investment has counterparty risk. Bonds guarantee payout, but the issuer could always default. This is why Treasury bonds have the lowest yields, the Treasury is the world's most trusted borrower. It's also why \"\"junk\"\" bonds have higher yields than investment grade and partially why longer duration bonds have higher yields. As mentioned, there's bank accounts, which gain interest and are insured by FDIC up to $250,000. If the bank folds, they'll be acquired by another and your account balance will simply transfer. Similar to bank accounts are money market funds. These are funds that purchase very short term \"\"paper\"\" (basically <90 day bonds). They maintain a share price of $1 and pay interest in the form of additional shares. These have the risk of \"\"breaking the buck\"\" where they need to sell assets at a loss to meet investor withdrawal demands and NAV drops below $1.00. Fortunately, that's a super rare occurance, but still definitely possible. Finally, there's one guy I've seen on TV pitching a no risk high yield investment. I can't remember the firm, but I am waiting to see them shut down for running a ponzi scheme.\""}
{"_id": "566337", "title": "", "text": "Why use spreadsheets rather than writing your forms and formulas directly in a programming lanuage? Because you've got better things to do than reinvent the wheel, right? Same answer. ===== clarification, since the point apparently wasn't clear: Using a spreadsheet means you're writing and organizing and maintaining the formats and formulas yourself. Essentially, you are writing your own accounting program, using the spreadsheet program as your programming language. Nothing wrong with that, it just means you're doing work to produce something that you could have purchased instead. It's up to you to decide how the value of your time doing that work trades off against the cost of the commercial product.  For many people, especially as the bookkeeping becomes more complex, that isn't a good investment of their time. The otherwise billable time it would take them to maintain the spreadsheet is worth more than the cost of buying an off-the-shelf product, and the product offers features that they wouldn't get around to adding to their own solution. Add to that the question of whether people find creating and tweaking spreadsheets rewarding or annoying. The right tool is always the one that lets you focus on what you actually care about, unless the cost is too high to justify it.Most folks care about getting the accounting task done a least cost/least efprt. Buying a solution is least effort; if the real cost including time/effort is also lower, that's the direction they're going to go. I maintained my own accounts, and did my taxes, in spreadsheets for quite some time. These days the time to do so, multiplied by what my time is worth, would exceed the cost of buying tools, and the commercial tools are more pleasant to use, less prone to accidents, and offer featured that I don't need but appreciate. I still use a stylesheet for one small calculation (rebalancing my invedtments) but thst's because I havean odd corner case the built-in tool doesn't handle well...not that it makes any practival difference, but being slightly off annoyed me.  Your milage, obviously, will vary. Use the tool that suits your needs; others will do likewise."}
{"_id": "566347", "title": "", "text": "There's a wholeeee lot of stuff like this selling these days. Stickers, crystals, even $150 crystal dildos. Talk of healing, feminine energy, and chakras abounds. It's nothing new, really, but it just seems to be something that's seen a lot of mainstream attention lately.   Sometimes I wish I could be a placebo-slinger, too."}
{"_id": "566353", "title": "", "text": "A consultant performs an vital watch canine part to make certain that the aid organisation presents what the patron wishes, not what the business enterprise wants to deliver. A representative performs an essential watch dog element to make sure that the aid employer presents what the client wishes, no longer what the corporation wants to deliver. Among all, in case you are looking for an experienced consultant which could offer you effective it answers Network Support in Oklahoma, then you could technique the main organization as they may be well-known for supplying knowledgeable consultant."}
{"_id": "566354", "title": "", "text": "The health specs is actually our cooking techniques and cleaning procedures of the restaurant. I'm not 100% certain, but I think they tracked that the E. Coli was from a distributor defect and not as much the restaurant. And GMO is not bad at all, I never said that, just that the non-GMO ingredients are obviously different, so they're gonna taste different than GMO produce and food."}
{"_id": "566378", "title": "", "text": "Here you go: I'll leave the last question as an exercise to the reader."}
{"_id": "566380", "title": "", "text": "Years ago, Costco had amazing quality made in italy wool pants. The quality to price ratio was unbelievable. They stopped getting them from the italian manufacturer and they suck now. I imagine that Costco did what you were talking about. In the end, it was bad for the customer."}
{"_id": "566382", "title": "", "text": "Most states do have a cooling-off period where the buyer can rescind the purchase as well as a legally allowed limit to how long the dealer has to secure financing when they buyer has opted for dealer-financing. If the dealer did inform you during the allowed window, they will refund your down payment minus mileage fees at a state set cost per mile that you used the car. If the dealer did not inform you during the allowed window, depending on the state, they may have to refund the entire down payment. In any case, the problem is that the bank does not want to offer you the loan, you can try to negotiate and have the dealer use what leverage they have to coerce the bank, but there is probably no way for you to force the loan through. Alternatively you can seek your own financing from your own bank or credit union, which will likely allow the sale to go through. UPDATE - Colorado laws allow the dealer 10 days to inform you that they cannot obtain financing on the terms agreed upon in the original contract. That contract contained wording related to the mileage fees. You can find that info on page 8 of the linked PDF under the heading D. USAGE FEE AND MILEAGE CHARGE"}
{"_id": "566383", "title": "", "text": "\"The page you linked shows \"\"Federal changes eliminated Florida's estate tax after December 31, 2004\"\" but no, estates are settled by the decedent's executor in the decedent's state. You receive an inheritance net of estate tax if any was due.\""}
{"_id": "566392", "title": "", "text": "Have the check reissued to the proper payee."}
{"_id": "566397", "title": "", "text": "&gt; And, will not be 3x the ICE cars in 2 years compared to today.  Huh? Not sure what that means.  I'm assuming everyplace has a few chargers, you may have to wait for others before you to finish."}
{"_id": "566408", "title": "", "text": "\"Trying to determine what the best investment option is when buying a home is like predicting the stock market. Not likely to work out. Forget about the \"\"investment\"\" part of buying a home and look at the quality of life, monthly/annual financial burden, and what your goals are. Buy a home that you'll be happy living in and in an area you like. Buy a home with the plan being to remain in that home for at least 6 years. If you're planning on having kids, then buy a home that will accommodate that. If you're not planning on living in the same place at least 6 years, then buying might not be the best idea, and certainly might not be the best \"\"investment\"\". You're buying a home that will end up having emotional value to you. This isn't like buying a rental property or commercial real estate. Chances are you won't lose money in the long run, unless the market crashes again, but in that case everyone pretty much gets screwed so don't worry about it.  We're not in a housing market like what existed in decades past. The idea of buying a home so that you'll make money off it when you sell it isn't really as reliable a practice as it once was. Take advantage of the ridiculously low interest rates, but note that if you wait, they're not likely to go up by an amount that will make a huge difference in the grand scheme of things.  My family and I went through the exact same thought process you're going through right now. We close on our new house tomorrow. We battled over renting somewhere - we don't have a good rental market compared to buying here, buying something older for less money and fixing it up - we're HGTV junkies but we realized we just don't have the time or emotional capacity to deal with that scenario, or buying new/like new. There are benefits and drawbacks to all 3 options, and we spent a long time weighing them and eventually came to a conclusion that was best for us.  Go talk to a realtor in your area. You're under no obligation to use them, but you can get a better feel for your options and what might best suit you by talking to a professional. For what it's worth, our realtor is a big fan of Pulte Homes in our area because of their home designs and quality. We know some people who have bought in that neighborhood and they're very happy. There are horror stories too, same as with any product you might buy.\""}
{"_id": "566417", "title": "", "text": "You're not paying taxes three times but you are paying three different taxes (or more). Sales tax is a business expense, just like costs of goods sold or interest on a loan.  Then, depending on how you structure the business, the net income of the business just hits you personally and you pay income taxes.  You can work with a tax person to lend some efficiency to this on a long term basis, but it's not like you pay all the taxes against your gross receipts. Whether or not you can make this profitable is a whole different issue."}
{"_id": "566420", "title": "", "text": "They should be ok, as they will wholly own the factory and will not be a joint venture... The downside is that they are still on the hook for that 25% tariff fees  &gt;The WSJ reports that Tesla will own the factory, rather than partner with a local manufacturer, as it typically the case. [...] The arrangement would be the \u201cfirst of its kind for a foreign auto maker,\u201d but will likely not allow Tesla to avoid a 25 percent import tariff."}
{"_id": "566429", "title": "", "text": "If liquidity and cost are your primary objectives, Vanguard is indeed a good bet.  They are the walmart of finance and the absolute best at minimizing fees and other expenses. Your main portfolio holding should be VTI, the total stock market fund.  Highly liquid and has the lowest fees out there at 0.05%.  You can augment this with a world-minus-US fund if you want.  No need to buy sector or specific geography funds when you can get the whole market for less. Add some bond funds and alternative investments (but not too much) if you want to be fully diversified."}
{"_id": "566430", "title": "", "text": "I suspect that the new VATMOSS rules come in to play here.  So you owe VAT for donations from EU countries,  providing you are below \u00a381k there would be no UK vat payable though, however then you couldn't recoup the vat you paid out.   Note I am not an accountant but I did speak to one this week about a similar issue."}
{"_id": "566448", "title": "", "text": "\"Suggest concretely writing out the 3-5 traits you're looking for, gaps you're looking to fill.  Assign an acronym to each bullet.  When you plan out your questions, write the acronym of the bullet you're looking to assess next to each Q.  If none fit, you should seriously consider why you're asking the question.  Here's some examples I used for a sales-related search:  \"\"(PO) Process Orientation - Understands the anatomy of sales, stage breakdown and discrete steps in a sales process. (CR) Creativity - Doesn't need a well established playbook of scripts, processes to make deals happen. ...\"\"\""}
{"_id": "566458", "title": "", "text": "What is the best way that I can invest money so that I can always get   returns? If you want something that doesn't require any work on your end, consider having a fee-only financial planner make a plan so that your investments can be automated to generate a cash flow for you or get an annuity as the other classic choices here as most other choices will require some time commitment in one form or other. Note that for stock investments there could be rare instances like what happened for a week in September in 2001 where the markets were closed for 5 days straight that can be the hiccup in having stocks. Bonds can carry a risk of default where there have been municipalities that defaulted on debt as well as federal governments like Russia in the 1990s. Real estate may be subject to natural disasters or other market forces that may prevent there always being a monthly payment coming as if you own a rental property then what happens if there aren't tenants because there was an evacuation of the area? There may be some insurance products to cover some of these cases though what if there are exceptionally high claims all at once that may have an insurance company go under? Would it be to set up an FD in a bank, to buy land, to buy a rental   house, to buy a field, or maybe to purchase gold?  What investment of your own time do you plan on making here? Both in terms of understanding what your long-term strategy is and then the maintenance of the plan. If you put the money in the bank, are you expecting that the interest rate will always be high enough to give you sufficient cash to live as well as having no financial crisis with the bank or currency you are using? Are there any better investments? You may want to reconsider what assumptions you want to make and what risks you want to accept as there isn't likely to be a single solution here that would be perfect."}
{"_id": "566459", "title": "", "text": "\"Your co-workers all had kids when they where 16-19? What sort of place are you working?!? In my career, people under 30 with kids were very much the minority. I've mostly worked in fortune 500 companies and your description sounds really foreign to me. Most of my coworkers started having kids in their early to mid 30s. I'm 35 and childless and not singled out by that at all.  I don't see why being \"\"gym fit\"\" or having a college degree should entitle you special treatment. In my experience, neither are good indicators of a person's ability to perform. What it all comes down to is fit; \"\"job fit\"\" that is. Why are you still there? Are you trying to leave? Which part of the world are you in? In the end companies are about teams, merit is defined by who can do something the best while fitting into the company's culture and team. Just because you're the more technically savvy, doesn't mean you the best person for the job. When you're running a business there is a lot that must get considered before promoting someone. Remember, in companies, promotions are usually seized and rarely given. I mean, if you're not able to seize the promotion, why would be considered worthy of it?\""}
{"_id": "566460", "title": "", "text": "See, that Rent Seekervis another ridiculous loaded term.  The government gives us roads, electricity, water, etc. all at reasonable prices, with a reasonable expectation of consistency.  That isn\u2019t \u201crent seeking\u201d.  In fact, this comparison is so outrageous that it fails to take into account ABSOLUTELY EVERYTHING the government does for the governed, and reduces it to a false label of \u201crent seeking@."}
{"_id": "566464", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.technologyreview.com/s/609048/the-seven-deadly-sins-of-ai-predictions/) reduced by 98%. (I'm a bot) ***** &gt; Suppose we further show Newton how the device can illuminate the dark, how it can take photos and movies and record sound, how it can be used as a magnifying glass and as a mirror.  &gt; We all use cues about how people perform some particular task to estimate how well they might perform some different task.  &gt; It turns out that many AI researchers and AI pundits, especially those pessimists who indulge in predictions about AI getting out of control and killing people, are similarly imagination-challenged.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74v5c2/the_seven_deadly_sins_of_ai_predictions_robotics/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~223895 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **how**^#1 **people**^#2 **year**^#3 **new**^#4 **Today**^#5\""}
{"_id": "566480", "title": "", "text": "Here are some (not all) things that can help overcome a low credit score: Getting a new job may actually hurt unless it's a substantial increase in income.  Banks usually look at salary going back 2 years, and look for consistent, maintainable income.  If you just got a new job that pays more, the bank may conservatively assume that it may not last."}
{"_id": "566493", "title": "", "text": "Even straight index funds grow at about 6-7%. on average, or over long periods of time.  In short time periods (quarters, years), they can fluctuate anywhere from -10% to +20%.  Would you be happy if your bank account lost 10% of its value the week before you had to pay the bill for the repairs?   Is it appropriate to invest small amounts for short periods of time? In general, no.  Most investments are designed for long term appreciation.   Even sophisticated financial companies can't do any better than 1 or 2% (annualized) on short-term cash reserves. Where you can make a huge difference is on the cost side.  Bargain with suppliers, or wait for sales on retail items.  Both will occasionally forego their margin on certain items in order to try to secure future business, which can make a difference of 20% or more in the cost of repairs."}
{"_id": "566495", "title": "", "text": "Easier said than done.  Take a movie theater, for example: the vast majority of the employees are high school and college students. Most of the staff get churned through at a rapid pace - usually no more than 6 months and they've moved on to somewhere else.  But a significant portion of them will stay for extended periods. Someone who starts working in their Junior year of high school and keeps working there straight through college, for example.  It's not an apprenticeship. It's also not the kind of job that you can support yourself on. Time limits would severely impact people like the one I described - making them ineligible to keep working - while simultaneously doing nothing to impact the employer because they churn through most people in 6 months anyway and won't trigger the apprenticeship time limits."}
{"_id": "566518", "title": "", "text": "If piracy wasn't such a problem this law would never have been created. While I disagree with the law in it's entirety, because it opens the door for abuse by the government, I do agree with some measure to prevent the downloading (stealing) of music, movies, etc."}
{"_id": "566546", "title": "", "text": "Equifax is just another publicly traded corporation run by liars and thieves.\u00a0 I am using Wall Street as an analogy for the financial sector that lies and steals from the unwitting public with the help of lawmakers who benefit the same way.\u00a0 Surely you are playing ignorant."}
{"_id": "566553", "title": "", "text": "The other answer has some good points, to which I'll add this:  I believe you're only considering a company's Initial Public Offering (IPO), when shares are first offered to the public.  An IPO is the way most companies get a public listing on the stock market. However, companies often go to market again and again to issue/sell more shares, after their IPO.  These secondary offerings don't make as many headlines as an IPO, but they are typical-enough occurrences in markets. When a company goes back to the market to raise additional funds (perhaps to fund expansion), the value of the company's existing shares that are being traded is a good indicator of what they may expect to get for a secondary offering of shares. A company about to raise money desires a higher share price, because that will permit them to issue less shares for the amount of money they need.  If the share price drops, they would need to issue more shares for the same amount of money \u2013 and dilute existing owners' share of the overall equity further. Also, consider corporate acquisitions:  When one company wants to buy another, instead of the transaction being entirely in cash (maybe they don't have that much in the bank!), there's often an equity component, which involves swapping shares of the company being acquired for new shares in the acquiring company or merged company.  In that case, the values of the shares in the public marketplace also matter, to provide relative valuations for the companies, etc."}
{"_id": "566573", "title": "", "text": "The issue is the time frame. With a one year investment horizon the only way for a fund manager to be confident that they are not going to lose their shirt is to invest your money in ultra conservative low volatility investments. Otherwise a year like 2008 in the US stock market would break them. Note if you are willing to expand your payback time period to multiple years then you are essentially looking at an annuity and it's market loss rider. Of course those contacts are always structured such that the insurance company is extremely confident that they will be able to make more in the market than they are promising to pay back (multiple decade time horizons)."}
{"_id": "566579", "title": "", "text": "The official source for the Dow Jones P/E is Dow Jones.  Unfortunately, the P/E is behind a pay-wall and not included in the free registration. The easiest (but only approximate) solution is to track against an equivalent ETF.  Here's  a list of popular indexes with an equivalent ETF. Source"}
{"_id": "566591", "title": "", "text": "Simple Schwaab does not have actually your securities they have leased them out and have to borrow them back. all assets are linked with derivatives now. They show on the balance sheet but have to be untangled. Thats why the market drops disproportionally fast to the actual number of shares sold."}
{"_id": "566598", "title": "", "text": "\"Most credit cards allow you to take \"\"cash advances\"\", but the fees and limits for cash advances are different than for regular purchases. You can buy stock after taking a cash advance from your credit card. When you make a cash advance, you normally pay the credit card company a fee. When you make a regular purchase, the merchant (ie, the stockbroker) pays a fee. Additionally, credit card companies can make merchants wait up to 3 months to actually receive the money, in case the transaction is disputed. Your stockbroker is unlikely to want to pay the fee, accept the delay in receiving the funds, and risking that you will dispute the transaction. Having said that, many FOREX brokers will accept credit card deposits (treated as purchases), although FOREX can be considerably riskier than the stock market. Of course, if you max out your credit cards and lose all your money, you can normally negotiate to pay back the debt for less than the original amount, especially since it's unsecured debt.\""}
{"_id": "566601", "title": "", "text": "The steps you outlined are fine by themselves. Step 5, seeking criticism can be less helpful than one may think.  See stocktwits.com  There are a lot of opposing opinions all of which can be correct over different time-frames.  Try and quantify your confidence and develop different strategies for different confidence levels. I was never smart enough or patient with follow through to be a successful value investor. It was very frustrating to watch stocks trade sideways for years before the company's intrinsic value was better reflected in the market.  Also, you could make an excellent pick, but a macro change and slump could set you back a year and raise doubts. In my experience portfolio management techniques like asset allocation and dollar-cost-averaging is what made my version of value investing work. Your interest in 10k/10q is something to applaud.  Is there something specific about 10k/10q that you do not understand?  Context is key, these types of reports are more relevant and understandable when compared to competitors in the same sector.   It is good to assess over confidence!  It is also good to diversify your knowledge and the effort put into Securities Analysis 6th edition will help with other books in the field.  I see a bit of myself in your post, and if you are like me, than subsequent readings, and full mastery of the concepts in 'Securities & Analysis 6th ed.'  will lead to over confidence, or a false understanding as there are many factors at play in the market.  So many, that even the most scientific approaches to investing can just as equally be described as an 'art'. I'm not aware of the details of your situation, but in general, for you to fully realize the benefits from applying the principals of value investing shared by Graham and more recently Warren Buffett, you must invest on the level that requires use of the consolidation or equity method of accounting, e.g. > 20% ownership.   Sure, the same principals used by Buffett can work on a smaller scale, but a small scale investor is best served by wealth accumulation, which can take many forms. Not the addition of instant equity via acquisitions to their consolidated financials. Lastly, to test what you have learned about value investing, and order execution, try the inverse.  At least on paper.  Short a stock with low value and a high P/E.  TWTR may be a good example? Learn what it is like to have your resources at stake, and the anguish of market and security volatility. It would be a lot easier to wait it out as a long-term value investor from a beach house in Santa Barbara :)"}
{"_id": "566602", "title": "", "text": "In my experience Sparkasse or VR Bank have them quite often. They stick out in my mind because when you make a withdrawal you have to reach in to get your money instead of it spitting it out. I'm always afraid its going to chop my hand off."}
{"_id": "566607", "title": "", "text": "I am currently dealing with the same issue of having a 1099 reported to the wrong person.  I applied for the square account for my son's business but used my information, which I realized now was a BIG mistake.  I did contact Square by email yesterday, which was Saturday, not expecting to hear from them until Monday, or possibly not at all (wasn't hearing a lot of good things about Square's customer service).  She was most helpful and while the issue isn't completely taken care of, I do feel better about it.  She just had me update the taxpayer information number which then updated the 1099 form."}
{"_id": "566630", "title": "", "text": "Watch this super late post to a 2009 thread.  Thread Necromancy in action! Yes, it's absolutely worth it to get an extended warranty because electronics just don't last as long as they used to. This is ever more prevalent in the year 2013. Is it a ripoff?  Future Shop (in Canada) and Best Buy (U.S. & Canada) offer warranties that are typically 25% of the cost of the product.  That's a huge mark-up, massive! Yet, to my knowledge they are one of the only retailers that you can walk into the store and just drop it off for exchange.  As opposed to, buying a 3rd party extended warranty that is considerably less expensive, yet it puts the burden on you to mail the product in, wait for god knows how long to receive a refurbished, repaired, or new (their choice) product.   It's a gamble, an expensive one. Yet, if you're spending top dollar on a product, wouldn't you like to have some peace of mind that it will last you at least 2-3 years. Unfortunately as I mentioned earlier, electronics (or anything for that matter) just aren't as reliable as you'd hope. The Xbox 360 gaming console was notorious for being poorly made.  In fact, many people not only had to take advantage of the extended warranty, but had to do so, more than 2-3 times. So make sure you do your homework on a product, before you even think about buying it.  What do I do? I buy at Future Shop, Best Buy or Staples for the convenience of dropping off the product in the event of an issue.  I really don't want to bother with the hassle of applying for warranty service and long mail-in / return wait period.  If the product is $100 or so, forget it..and just buy it whoever has it cheapest and cross your fingers."}
{"_id": "566634", "title": "", "text": "I'd say take the bet.  you'd expect that half the quarters are heads (1-1 odds), so an 10 more quarters showing heads is a 20% increase.  you've given me a larger odds increase than the increase in quarters that are head.  Sorry if the answers wholly intuitive, not really sure how to calculate the fair value off the fly."}
{"_id": "566669", "title": "", "text": "If the US economy crashes at all suddenly, the global economy goes with it. In that case, yes, the postapocalyptic scenarios may be the best answer. But that's got so low a probability of happening that you'd be a fool to invest in it. If you really feel the need, consider investing in the companies which supply those activities. The big winners in the California gold rush were the general stores that sold supplies to the speculators."}
{"_id": "566690", "title": "", "text": "Yup, and I contribute it to drug use and them shooting themselves in the foot with their extremely liberal policies they support that costs them more to live than ever before. The biggest problem is they don't understand the consequences of their actions and I'm not just talking about drug use."}
{"_id": "566691", "title": "", "text": "\"Comcast will be trying this next.  On their customer service phone surveys, if you hit \"\"1\"\" for unsatisfied enough times the machine comes back and says it can't register your responses.  That way Comcast gets to claim their customers are happy.\""}
{"_id": "566698", "title": "", "text": "\"Are you sure that TurboTax Deluxe won't be able to handle your capital gains? When TurboTax removed this functionality from their Deluxe product in 2015 (for tax year 2014), sales plummeted, and they realized that the enormous effective price increase was a colossal mistake.  The following year, I understand that they put back all the functionality back into Deluxe, and as far as I know it is still there today. Deluxe should be able to handle capital gains and Schedule D.  Premier offers additional guidance, but if you already know what you want to do, Deluxe should be able to handle everything. Full disclosure: I was one of the people angered by the TurboTax money grab.  I returned my copy of TurboTax that year and purchased H&R Block software instead, which did everything that TurboTax used to do at a lower cost.  I still use H&R Block software, and have no desire to go back to TurboTax.  It wasn't simply \"\"marketing folk trying to differentiate the 3 (main) levels of product\"\" as @JoeTaxpayer said in a comment, it was the management trying to take advantage of their high market share by steeply raising the prices.  They underestimated their customers. You mention not wanting to lose the value of the $30 you spent on a feature with TurboTax.  I'm not sure which feature/add-on you are talking about, but does it make sense to overpay for something annually just to avoid losing $30 in the past?\""}
{"_id": "566701", "title": "", "text": "&gt;I distinctly remember in dot-com crash it was only Internet stocks that were clearly overvalued.  You remember someone had this opinion. Did you ever check the facts?  The [S&amp;P 500](http://finance.yahoo.com/q/bc?s=%5EGSPC+Basic+Chart&amp;t=my) is the average of the 500 largest corporations of the USA, and it grew steadily through the 1990s, falling after 2000.  Now look at [Apple](http://finance.yahoo.com/q/bc?s=AAPL+Basic+Chart&amp;t=my) for an example of a tech stock that didn't follow that trend."}
{"_id": "566704", "title": "", "text": "\"Not saying the trading activity in FACE is related or unrelated.. But where do you see a 10Q released on 3/31?  First of all, 3/31 is the last day of Q1. It is virtually impossible to have an entire 10Q prepared the same day that the quarter ends. Most 10Q/Ks are released approximately 6 weeks after the close of the quarter.  In addition, look at EDGAR:  http://www.sec.gov/cgi-bin/browse-edgar?company=&amp;match=&amp;CIK=face&amp;filenum=&amp;State=&amp;Country=&amp;SIC=&amp;owner=exclude&amp;Find=Find+Companies&amp;action=getcompany  The Q1 10Q wasn't released until May 4.  On a side note - I was on a roadshow for an unrelated IPO a couple weeks back and the FB IPO consistently came up with brokers. Probably 80% said that their number 1 question from clients was \"\"How can I get a part of the facebook IPO.\"\"\""}
{"_id": "566719", "title": "", "text": "God... there is no new info in this article.  Just a generic blurb about quantum computing with some background info.  I guess it's fine for people who've been living in the cave or don't follow the industry."}
{"_id": "566720", "title": "", "text": "If being gainfully employed while having my investments grow in value over the last five years makes me a fool then I'm glad to be one.  Thanks for sharing your opinion and contribution to reasonable discourse."}
{"_id": "566739", "title": "", "text": "You think that you could get Malcolm Gladwell to stop writing?  If you took away all of his money, and told him that he would never get paid residuals ever again, do you think he would just stop?  First of all, he would make it all back with personal appearances and book signings.  Second, no real artists do it for the money.  They get their rush from being influential, and helping people understand the world a bit better.  The money helps pay the bills, yes, but monetary incentives have actually been shown to damage creativity.  http://www.youtube.com/watch?v=rrkrvAUbU9Y  Commercialization of art is a perversion."}
{"_id": "566745", "title": "", "text": "\"I invested a small amount of money with Prosper, and later with Lending Club. I don't know why there is such a discrepancy, but over half of my Prosper loans defaulted, while only 1 of my Lending Club loans has defaulted so far. I think that P2P lending is for \"\"early adopters\"\" right now. There are regulation issues, transparency issues, legal issues, etc. Once all of those issues get worked out, I think that P2P lending will eventually overtake conventional lending, and it will be more profitable for both the lender and the borrower. The Internet is simply eroding the value that banks are adding to the process (primarily aggregation of funds), and the system has to change.\""}
{"_id": "566752", "title": "", "text": "I'm not sure what I think about this guy.  I've listened to him in person, and a lot of his ideas are intriguing.  On the other hand, he comes across as a twat when sharing them.  I'm mixed on the guy."}
{"_id": "566766", "title": "", "text": "You have probably heard about search engine optimization and why SEO strategy is so important to the business. SEO increases search rankings, increases website traffic, and gives a greater return on investment. Our SEO UT team has the knowledge and experience to execute a strategy with the aim to create consistency in your brand\u2019s voice across channels, framing a good user experience making it easier for you to reach a higher bottom line. Feel free to visit us at: https://docs.zoho.eu/file/8hh4g36bd228bb5d54f9bbc43448ac6ccc5be"}
{"_id": "566807", "title": "", "text": "Where do you plan on moving to?  Does your job allow you to work remotely? Or are you quitting and getting a job in the new location?  Seems to me that the US is still the best place to be, although I must confess that you might have a point about the US becoming a police state."}
{"_id": "566808", "title": "", "text": "Large ammounts of cash in the balance sheet with no debt means that you lack leverage and have an inefficient operating structure. The argument being that I. The current market debt in Germany Is relatively cheap whole it is expensive in Spain. So my guess would be that they are trying to move the debt from the Spanish unit (where is it is becoming costly and dangerous to carry debt on the balance sheet) to the German unit (where there is still plenty of cash and thus debt to go around). Mind you this is a simplistic and limited interpretation of the article as I do not have the time to research this company and all it's subsidiriaries in depth."}
{"_id": "566830", "title": "", "text": "\"One of the principles of Sharia Banking is (Wikipedia): Shariah prohibits what is called \"\"Maysir\"\" and \"\"Gharar\"\". Maysir is involved in contracts where the ownership of a good depends on the occurrence of a predetermined, uncertain event in the future whereas Gharar describes speculative transactions. Both concepts involve excessive risk and are supposed to foster uncertainty and fraudlent behaviour. In other words risky investments are prohibited in Sharia Banking.\""}
{"_id": "566837", "title": "", "text": "Then Explain the tens of thousands of AirBNB rentals a day in Japan while it was illegal?  Japan's laws seemed super effective /s  NYC is different, AirBNB can't operate there, and they're site prohibits. Not even Apples to Apples.  Guarantee, if they allowed it, there would be plenty of illegal listings and roll the dice."}
{"_id": "566838", "title": "", "text": "It's got nothing to do with whether or not it's true or painful.  It's about intelligence, or more accurately, the lack thereof.  Your comment was incredibly stupid and showed all the wisdom and maturity of a middle-school student on the short bus.  It was so stupid that my stupid-ometer broke trying to measure it.  How do you even manage to tie your shoes in the morning, you fucking idiot?"}
{"_id": "566878", "title": "", "text": "Same thing happened in the college degree market. When fewer people were obtaining degrees a degree nearly guaranteed a better paying future. But as more and more people go after degrees the price has skyrocketed while the pay has not. In fact many positions that didn't used to even require a degree are now requiring degrees without any more pay than what used to get paid for the non-degree employee.  [It Takes a B.A. to Find a Job as a File Clerk](http://www.nytimes.com/2013/02/20/business/college-degree-required-by-increasing-number-of-companies.html)  &gt;ATLANTA \u2014The college degree is becoming the new high school diploma: the new minimum requirement, albeit an expensive one, for getting even the lowest-level job.  Meanwhile this is [productivity growth relative to wages](https://upload.wikimedia.org/wikipedia/commons/7/73/US_productivity_and_real_wages.jpg).  This is capital returns (durable capital [not liquid capital (PDF)](https://www.gsb.stanford.edu/sites/gsb/files/jmp_simcha-barkai.pdf)) relative to [wage returns](http://www-tc.pbs.org/prod-media/newshour/photos/2012/12/06/Andrew_Smithers_chart_blog_main_horizontal.JPG).  This is because markets don't set the price of labor. Bargaining power sets the price of labor. And that bargaining power is a function of politics, not markets."}
{"_id": "566894", "title": "", "text": "&gt;The medallion owner typically buys a vehicle and leases it to a driver... That means the medallion owner has to make back his [$1m for a medallion] investment, along with maintaining and insuring the vehicle.  Which he does willingly because taxis are an *extremely* profitable business. If he wasn't making money, he wouldn't buy the damned medallion at that price"}
{"_id": "566926", "title": "", "text": "The trust owns the property, the trustees control the property and the beneficiaries receive any income from rent or gains from sale of property."}
{"_id": "566938", "title": "", "text": "Buggyguard presents a whole new collection of stroller accessories that are light weight and attractive to match the color of different strollers. These easy to fit accessories keeps you off the tension when your park your stroller in park or any restaurant. These stroller accessories are highly versatile and can even be used to lock your bags and other belongings to the stroller."}
{"_id": "566939", "title": "", "text": "Sure, you don't agree, don't know why don't agree, can't explain why you don't agree... because you like to disagree for the purpose of disagreeing.  What don't you disagree with?  Susan is no good?  got her job in a corrupt way?  her degrees show she was not born interested in security (except for fat pay checks)?  people with IT degrees are more a match, suitable and qualified for security jobs, especially when they have specific on-hand experience?  HR does not care about employees?  real experts have to fight HR and terrible management... and usually lose because of this whole corrupt setup?"}
{"_id": "566940", "title": "", "text": "I appreciate your take, thank you for responding. Thats another thing i didnt mention; i also have several connections in the welding field that can possibly turn into lucrative careers. My cousin has his own rig and crew and makes about $90/hour welding in colorado, ive networked and met a supervisor for the local boilermakers union, and my gfs brother is a structural engineer with the railroad so i have plenty of opportunity to find work and make some money.   I guess im looking a bit too far in the future with the restaurant expansion but it is in the realm of possibility once ive built up some capital.   That being said, youre right. I should probably focus on welding jobs right now rather than taking a higher risk. At least until i can afford to gamble 50-100. Thanks again man!"}
{"_id": "566945", "title": "", "text": "I think Energy and Mike point out the some serious issues but the prospects for the futures also need to be considered. If the banks no longer have those loans then they need to rebuild their income base that is wiped out by the payoff of their loans.  They would be incentivised to make a large number of loans so that they could quickly reestablish their base so they can maintain profitability.  This is likely to lead to more poor lending practices that lead to this location in the first place.  The high earning heavily leveraged would benefit far more from this than the poor.  A function of income is that as it increases the ability to leverage increases in a non lineal fashion.  So single person making 250k a year(the benchmark set by the current administration) with a 2 million dollar mortgage(probably underwater currently) on a home would benefit much more than a family of 4 making 50k a year with a 100k mortgage.   Assuming that government does pay off all mortages now people can sell of their now fully paid homes for less than their value, as its basically free money, leverage that money to move into a better home, so home values actually crash, in some areas as people sell them off cheap, people try to gamble on cheap houses(like we just saw), etc.  It takes a market that is on the verge of recovery and stabilization and shakes it up.  How long before it stabilizes again would be a matter of debate but I would not expect to see it in less than a decade.  Business and the Economy thrives on stability and retreats from instability.  So while this would appear to be an injection to the economy the chaos it creates would likely actually severely retard future economic growth."}
{"_id": "566956", "title": "", "text": "I spent some time last year in the UI system and its crazy that it is actually at least as bad there as described in the article.  Even if UI only gets like 50% of its funding from public, Illinois debt crisis resulted in them being almost 2 years behind in funds.  The grad students were being held up. I was basically told not to consider going there. It's crazy how these  schools were 20 years ago were competing with Ivies and now their tenured faculty has been looking to leave."}
{"_id": "567010", "title": "", "text": "&gt; The February 2009 cocktail party, where the bank announced it had money to lend, came at an unusual time. It was five months into a global financial crisis, and other banks, including JPMorgan Chase &amp; Co., Bank of America Corp. and HSBC Holdings Plc, were getting out of the diamond-financing business. Prices of rough stones had tumbled, sending shock waves through an industry that spanned mines in Botswana, traders in Belgium, polishers in India and jewelry stores in the U.S.  When outsmarting the competition FAILS you because you had one too many cocktails."}
{"_id": "567031", "title": "", "text": "This is a scam. Delete the email and don't talk to the person or keep any contact."}
{"_id": "567034", "title": "", "text": "You want to buy when the stock market is at an all-time low for that day. Unfortunately, you don't know the lowest time until the end of the day, and then you, uh can't buy the stock... Now the stock market is not random, but for your case, we can say that effectively, it is. So, when should you buy the stock to hopefully get the lowest price for the day? You should wait for 37% of the day, and then buy when it is lower than it has been for all of that day. Here is a quick example (with fake data): We have 18 points, and 37% of 18 is close to 7. So we discard the first 7 points - and just remember the lowest of those 7. We bear in mind that the lowest for the first 37% was 5. Now we wait until we find a stock which is lower than 5, and we buy at that point: This system is optimal for buying the stock at the lowest price for the day. Why? We want to find the  best position to stop automatically ignoring. Why 37%? We know the answer to P(Being in position n) - it's 1/N as there are N toilets, and we can select just 1. Now, what is the chance we select them, given we're in position n? The chance of selecting any of the toilets from 0 to K is 0 - remember we're never going to buy then. So let's move on to the toilets from K+1 and onwards. If K+1 is better than all before it, we have this: But, K+1 might not be the best price from all past and future prices. Maybe K+2 is better. Let's look at K+2 For K+2 we have K/K+1, for K+3 we have K/K+2... So we have: This is a close approximation of the area under 1/x - especially as x \u2192 \u221e   So 0 + 0 + ... + (K/N) x (1/K + 1/K+1 + 1/K+2 ... + 1/N-1) \u2248 (K/N) x ln(N/K) and so P(K) \u2248 (K/N) x ln(N/K) Now to simplify, say that x = K/N We can graph this, and find the maximum point so we know the maximum P(K) - or we can use calculus. Here's the graph:  Here's the calculus: To apply this back to your situation with the stocks, if your stock updates every 30 seconds, and is open between 09:30 and 16:00, we have 6.5 hours = 390 minutes = 780 refreshes. You should keep track of the lowest price for the first 289 refreshes, and then buy your stock on the next best price. Because x = K/N, the chance of you choosing the best price is 37%. However, the chance of you choosing better than the average stock is above 50% for the day. Remember, this method just tries to mean you don't loose money within the day - if you want to try to minimise losses within the whole trading period, you should scale this up, so you wait 37% of the trading period (e.g. 37% of 3 months) and then select. The maths is taken from Numberphile - Mathematical Way to Choose a Toilet. Finally, one way to lose money a little slower and do some good is with Kiva.org - giving loans to people is developing countries. It's like a bank account with a -1% interest - which is only 1% lower than a lot of banks, and you do some good. I have no affiliation with them."}
{"_id": "567079", "title": "", "text": "CDs pay less than the going rate so that the banks can earn money. Investing is risky right now due to the inaction of the Fed.  Try your independent life insurance agent. You could get endowment life insurance. It would pay out at age 21. If you decide to invest it yourself try to buy a stable equity fund. My 'bedrock' fund is PGF.  It pays dividends each month and is currently yealding 5.5% per year. Scottrade has a facility to automatically reinvest the dividend each month at no commission.  http://www.marketwatch.com/investing/Fund/PGF?CountryCode=US"}
{"_id": "567090", "title": "", "text": "\"First, stock prices forecasts are usually pretty subjective so in the following resources you will find differing opinions. The important thing is to read both positive and negative views and do some of your additional research and form your own opinion. To answer your question, some analysts don't provide price targets, some just say \"\"Buy\"\", \"\"Sell\"\", \"\"Hold\"\", and others actually give you a price target. Yahoo provides a good resource for collecting reports and giving you a price target. http://screener.finance.yahoo.com/reports.html\""}
{"_id": "567095", "title": "", "text": "\"I actually think McDonald's tastes fine, since my expectations are in line with the price of the meal. I don't expect it to taste as good as a more expensive restaurant's offerings, nor do I expect it to taste as good as a home cooked meal, as both have higher costs than McDonald's. To clarify, in the case of home cooked meals, the cost is time.  At the point at which I have made the decision to grab McDonald's for dinner, the alternatives were too costly. I, like many Americans, am busy, and am unable or unwilling to find the time to prepare a proper meal on numerous occasions. At other times, my decision is different, as some days I have more time, or more money, to go with something \"\"better\"\".  I don't think McDonald's can really objectively be considered \"\"barely qualifying as food,\"\" as food tastes and health decisions are subjective. One decent (but not definitive) proxy, as is often the case with subjective matters, is popularity. McDonald's is very popular. While this isn't an argument in and of itself, it should remind you that taste in food is, indeed, a subjective opinion.  I just plain don't understand why so many people *despise* McDonald's. It's a fast food joint that some people like and some don't-- who cares? I don't particularly like vegan food, but I don't take pleasure in seeing a vegan restaurant shut down. As an aside, vegan cookies are bizarrely delicious.  If folks want to talk about, say, McDonald's business practices, labor relations, or environmental record, that's another story. But \"\"McDonald's tastes like shit LOLOLolo\"\"-type comments typically result in a storm of upvotes that I have trouble understanding.  Finally, it seems to be overlooked that McDonald's (and many other American fast food companies) are suuuuper different abroad when compared to restaurants at home. In America, eating McDonald's is very much a quick and dirty affair, but it widely varies from country to country, with (from what I can tell) American McDonald's setting something of a *floor* as far as McDonald's dining experiences go.\""}
{"_id": "567098", "title": "", "text": "We believe the best way to deliver a great user experience is by the profound understanding, What people want and love. After that, we deliver the features, messages, and content that is most helpful, relevant and timely. The user can also search on our website incident and politics type stories such as Ongoing Syrian civil war, Russia deserved the attack, Woman freezes to death in Oregon, Walk in Munich and more stories related incident. Additionally, the user can share his experience on our website."}
{"_id": "567099", "title": "", "text": "\"Haha listen to this guy. It was 20k respondent. And youre trying to draw conclusions that arent there.   Oh no white people voted for someone! Better light my hair on fire.   And no, dummy, they aren't significantly different methodologies from the prediction polls. The models are the same, collect a representative sample and try to infer wider trends. This was only a 20k sample size, by the way.   Obviously something's up, they were way wrong all over the place. Your comment on margin of error is horseshit. 538 had her at 92 percent based on clearly skewed swing state data. They all jumped toward reality in the last week, then threw up their hands and said whew we are close, see see, not full of shit.   \"\"All models are wrong, some models are useful\"\"  Just some food for thought next time you try to thinly veil your political bias in snark and a undergrad understanding of stats.\""}
{"_id": "567123", "title": "", "text": "Are you sure about either of those? PayPal owns Braintree which can accept Bitcoin, but I've never seen the option in PayPal itself, and I've looked, though not recently.   I've also not noticed PayPal in HD, but maybe I'm just not observant. Is that in all their stores?"}
{"_id": "567129", "title": "", "text": "Our water damage technicians are fully licensed and insured to have the expertise to assist you with mould cleaning, mould removal BRISBANES, mould inspections, mould testing, mould prevention and bacteria swabs for clearance certificates. It is paramount that all chemicals and equipment used are 100% safe for you and your family, despite their deep cleansing capabilities."}
{"_id": "567149", "title": "", "text": "Do you have a lot of time and are you in short of work? At the same time, are you on your lookout to clean and tidy home? Well, for that, you will really need to hire a good domestic cleaning service as per your needs."}
{"_id": "567161", "title": "", "text": "Asking a bank for which ATM/branch network it belongs to and where those networks are would be your best bet."}
{"_id": "567162", "title": "", "text": "As a lifelong boxing/mma fan I can tell you there is about a 0.000001% chance of that happening. This isn't a brawl that he's walking into, it is an extremely technical sport where gaps in skill are easily exploited. People want Mayweather to lose so badly that every time he is fighting people are saying they know this is going to be the one. I was convinced Canelo was gonna beat him but here we are today. There is no way Mayweather is going to lose to by far the worst boxer he has faced in his career. McGregor has nothing Floyd has ever seen and this whole fight is just a massive cash grab and an easy way to get a record of 50-0. Please don't pay to watch this fight."}
{"_id": "567165", "title": "", "text": "I answered the first one, there is no time to train Americans in useful job skills because they are too busy with government schooling instead. As to the second question, I was being hyperbolic when I said 5-18 (school age). I do think teenagers could start to be trained in useful job skills, not prepubescent children though."}
{"_id": "567174", "title": "", "text": "It seems he has now been infected by the baby talk virus, which was cute about 16 years ago, but today, its just considered more shit talk from US politicians who have lost their grip on reality and imagine lying through their teeth and throwing in some well used terms like human rights and freedom and democracy will actually garner some support from some one naive enough in the world.  Hey Fucking Moron 2nd in command . . .make a speech about Israel and human rights and freedom of speech and media  Hey . .make a speech about shooting children in the face with shotguns in Indian occupied Kashmir."}
{"_id": "567193", "title": "", "text": "Under US law, a bank is not obligated to honor a check that is more than six months old. \u00a7 4-404. BANK NOT OBLIGED TO PAY CHECK MORE THAN SIX MONTHS OLD. A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer's account for a payment made thereafter in good faith. Note the law says the bank is not OBLIGATED to honor the check, but they are not forbidden from doing so. I don't have a survey on this, but I think most banks won't honor a check after more than 6 months to a year. I've had a few occasions where early in the year someone accidentally wrote the previous year on a check, like on January 10, 2017 they dated the check January 10, 2016, and the bank has given me a hard time about cashing it. The statute of limitations to challenge payment or non-payment of a check is 6 years: \u00a7 3-118. STATUTE OF LIMITATIONS. (b) Except as provided in subsection (d) or (e), if demand for payment is made to the maker of a note payable on demand, an action to enforce the obligation of a party to pay the note must be commenced within six years after the demand.  I understand your frustration about being denied money that you presumably worked for and earned. But look at it from the other side. Suppose you wrote a check to someone, and years later they still had not cashed it. At some point you'd want to be able to clear this off your bank account. What if you want to close the account? What happens when you die? Would your heirs have to keep this account open for years ... decades ... centuries ... on the possibility that someday someone will cash this check? Realistically, there has to be SOME time limit. 6 months should be plenty of time for someone to make it to the bank with a check. If the company still exists then you could argue they have a MORAL obligation to pay you. If they have records that show that they did indeed give you this check and you never cashed it there'd be no question that you were trying to cheat them. But a moral obligation and a legal obligation are two different things. Legally, they paid you, and it's your problem that you failed to cash the check. You could talk to a lawyer, but if you live in the US, I think you are out of luck. (Of course other countries have different laws.)"}
{"_id": "567201", "title": "", "text": "\"A bona-fide company never needs your credit card details, certainly not your 3-digit-on-back-of-card #, to issue a refund.  On an older charge, they might have to work with their merchant provider.  But they should be able to do it within the credit card handling system, and in fact are required to.  Asking for details via email doesn't pass the \"\"sniff test\"\" either.  To get a credit card merchant account, a company needs to go through a security assessment process called PCI-DSS. Security gets drummed into you pretty good.  Of course they could be using one of the dumbed-down services like Square, but those services make refunds ridiculously easy.   How did you come to be corresponding on this email address?  Did they initially contact you?  Did you find it on a third party website?  Some of those are fraudulent and many others, like Yelp, it's very easy to insert false contact information for a business. Consumer forums, even moreso.  You might take another swing at finding a proper contact for the company.  Stop asking for a cheque.  That also circumvents the credit card system.  And obviously a scammer won't send a check... at least not one you'd want!  If all else fails: call your bank and tell them you want to do a chargeback on that transaction.  This is where the bank intervenes to reverse the charge.  It's rather straightforward (especially if the merchant has agreed in principle to a refund) but requires some paperwork or e-paperwork.   Don't chargeback lightly.  Don't use it casually or out of laziness or unwillingness to speak with the merchant, e.g. to cancel an order.  The bank charges the merchant a $20 or larger investigation fee, separate from the refund.  Each chargeback is also a \"\"strike\"\"; too many \"\"strikes\"\" and the merchant is barred from taking credit cards. It's serious business.   As a merchant, I would never send a cheque to an angry customer.  Because if I did, they'd cash the cheque and still do a chargeback, so then I'd be out the money twice, plus the investigation fee to boot.\""}
{"_id": "567206", "title": "", "text": "\"Let me give you some advice from someone who has experience at both ends - had student loan issues myself and parents ran financial aid department at local university. Quick story of my student loan.  I graduated in debt and could not pay at first due to having kids way too early.  I deferred.  Schools will have rules for deference.  There are also federal guidelines - lets not get specific on this though since these change every year it seems.   So basically there is an initial deferment period in which any student can request for the repayments to be deferred and it is granted.  Then there is an extended deferment.  Here someone has to OK it.  This is really rather arbitrary and up to the school/lender.  My school decided to not extend mine after I filled out a mound of paperwork and showed that even without paying I had basically $200 a month for the family to live off past housing/fixed expenses. Eventually they had to cave, because I had no money so they gave me an extended deferment.  After the 5 years I started paying.  Since my school had a very complex way to pay, I decided to give them 6 months at a time.  You would think they would love that right?  (On the check it was clearly stated what months I was paying for to show that I was not prepaying the loan off) Well I was in collections 4 months later.  Their billing messed up, set me up for prepayment.  They then played dumb and acted like I didn't but I had a picture of the check and their bank's stamp on the back... They couldn't get my loan out of collections - even though they messed up.  This is probably some lower level employee trying to cover their mistake.  So this office tells creditors to leave me alone but I also CANNOT pay my loan because the credit collection agency has slapped a 5k fee on the 7k loan.  So my loan spent 5 years (kid you not) like this.  It was interest free since the employee stopped the loan processing. Point being is that if you don't pay the lender will either put your loan into deferment automatically or go after you.  MOST (not all) schools will opt for deferment, which I believe is 2 years at most places.  Then after that you have the optional deferment.  So if you keep not paying they might throw you into that bucket.   However if you stop paying and you never communicate with them the chances of you getting the optional deferment are almost none - unless school doesn't know where you live.  Basically if you don't respond to their mail/emails you get swept into their credit collection process.  So just filling out the deferment stuff when you get it - even if they deny it - could buy you up to 10 years - kid you not.   Now once you go into the collection process... anything is game.  As long as you don't need a home/car loan you can play this game.  What the collection agency does depends on size of loan and the rules.  If you are at a \"\"major\"\" university the rules are usually more lax, but if you are at the smaller schools, especially the advertised trade/online schools boom - better watch out.  Wages will be garnished very soon.  Expect to go to court, might have to hire an attorney because some corrupt lenders start smacking on fees - think of the 5k mine smacked on me.   So the moral of the story is you will pay it off.  If you act nice, fill out paperwork, talk to school, and so on you can probably push this off quite a few years.  But you are still paying and you will pay interest on everything.  So factor in that to the equation.  I had a 2.3% loan but they are much higher now.   Defaulting isn't always a bad thing.  If you don't have the money then you don't have it.  And using credit cards to help is not the thing to do.  But you need to try to work with the school so you don't incur penalties/fees and so that your job doesn't have creditors calling them.   My story ended year 4 that my loan was in collection.  A higher up was reviewing my case and called me.  Told her the story and emailed her a picture of their cashed check.  She was completely embarrassed when she was trying to work out a plan for me and I am like - how about I come down tomorrow with the 7k.  But even though lender admitted fault this took 20+ calls to agencies to clear up my credit so I could buy a house.   So your goal should be:\""}
{"_id": "567244", "title": "", "text": "When the deal closes, will it be as if I sold all of my ESPP shares   with regards to taxes? Probably. If the deal is for cash and not stock exchange, then once the deal is approved and closed all the existing shareholders will sell their shares to the buyer for cash. Is there any way to mitigate this? Unlikely. You need to understand that ESPP is just a specific way to purchase shares, it doesn't give you any special rights or protections that other shareholders don't have."}
{"_id": "567255", "title": "", "text": "It sounds like the two best options would be to roll it over into a traditional IRA or roll it over into your new 401(k). If there isn't much money in your SIMPLE IRA, it might make more sense to just roll it over into your 401(k) so you have fewer retirement accounts to keep track of. However, if you do have a significant amount of money in the SIMPLE IRA then you may wish to take advantage of the greater freedom in investment options that IRAs offer over most 401(k) plans. Keep in mind the 2-year rule for SIMPLE IRAs. You will face tax penalties if you roll it and it hasn't yet been 2 years since the SIMPLE IRA was opened."}
{"_id": "567256", "title": "", "text": "I disagree with most of the answers here so far because they are either too risky or too conservative and don't take taxes and retirement into consideration. OP, keep in mind the higher the potential return, the greater the risk. You haven't stated your risk tolerance, but consider the following: Pick a certain percentage of your $10k to invest for the long term. Pick a low-cost index fund like the S&P500 Index. Historically this investment does well in the long run, and it gets you started in investing. Keep the balance, the money you will need for the short term, right where it is not earning much interest. Have you started saving for retirement? Consider starting a Roth IRA (if you are in the USA) with some of the money for tax advantages. It's up to you to decide how much you should invest and how much you need to keep on hand for emergencies or short-term needs. There are plenty related questions on this forum you can browse."}
{"_id": "567269", "title": "", "text": "\"If she was in a position where flying with dogs would cause her to be \"\"deathly allergic\"\" but could not provide them the documentation required to administer medication to prevent this, shes a flight risk. If she starts dying on the plane, GG.  But, Here's the truth: this woman is a professor of woman and Islamic studies. She's Muslim. Muslims find dogs unclean hence, that's why she wanted the dogs removed, and couldn't provide any proof to her bullshit \"\"allergy\"\" claim.   https://wsrp.hds.harvard.edu/people/anila-daulatzai\""}
{"_id": "567273", "title": "", "text": "There are restrictions on transferring money OUT OF Egypt (although less tight than previously: http://www.aawsat.net/2014/01/article55326839 ) but there aren't any such restrictions on sending money INTO Egypt.  If you go to HSBC's retail UK banking pages and locate the page for International Money Transfers, http://www.hsbc.co.uk/1/2/international-money-transfer you can see that you can transfer up to \u00a350,000 per day into Egypt via online banking, \u00a310,000 via telephone banking, or unlimited by visiting the branch. I'm not sure exactly what question you asked them or exactly what they said to you in response, but it sounds like there was some misunderstanding along the way."}
{"_id": "567282", "title": "", "text": "In this equation the withdrawal rate is the percent you must pull from your savings to meet your expenses. For example if your savings is $100,000 and you need $10,000 annually for your living expenses then your withdrawal rate would be 10% (where 10k is 10% of 100k).  To complete this formula, you need to know how much savings you need to be financially independent before you can use this formula to find out how long it will take you."}
{"_id": "567283", "title": "", "text": "\"From his other work he certainly buys the truism that the markets are efficient at a 0-th approximation.  But not entirely efficient. See e.g. Schleifer \"\"The limits to arbitrage\"\".  Most if not all the money made by managed funds is at the expense of customers, not from outperforming the market. Ripping customers' faces off is a lot easier than beating the market.\""}
{"_id": "567319", "title": "", "text": "Sir, although I am quiet inexperienced speaking in this subject but being an undergraduate in financial engineering, I feel the title is suited very well since providing unbiased financial advice is the last and greatest thing that any financial adviser would ever do...."}
{"_id": "567331", "title": "", "text": "1. One United States Air Force (USAF) B-2 Spirit stealth bomber over Colorado, United States of America (USA), on 9 May 2012: [4288 x 2848 pixels](http://chamorrobible.org/images/photos/gpw-200905-UnitedStatesAirForce-120509-F-VV395-106-clouds-B-2-Spirit-stealth-bomber-Colorado-20120509-huge.jpg)      Source + More High-Resolution Photos: #54 at http://chamorrobible.org/gpw/gpw-200905.htm  2. Two USAF B-2 Spirit stealth bombers over Kansas, USA, on 9 September 2011: [3502 x 2110 pixels](http://chamorrobible.org/images/photos/gpw-200905-UnitedStatesAirForce-110909-F-QH266-265-clouds-two-B-2-Spirit-stealth-bombers-Kansas-20110909-huge.jpg)      Source: #50 at http://chamorrobible.org/gpw/gpw-200905.htm  3.  One U.S. Air Force B-52 Stratofortress bomber leading U.S. fighter jets as they fly over the USS Nimitz (CVN 68), USS Kitty Hawk (CV 63), and USS John C. Stennis (CVN 74) carrier strike groups on 14 August 2007 during Exercise Valiant Shield 2007 in the Pacific Ocean, off the coast of Territory of Guam, USA: [3227 x 1863 pixels](http://chamorrobible.org/images/photos/gpw-20060917-UnitedStatesNavy-070814-N-6009S-001-fighter-jets-B-52-Stratofortress-aircraft-carrier-strike-groups-Pacific-Ocean-Guam-20070814-large.jpg)      Source: #32 at http://chamorrobible.org/gpw/gpw-20060917.htm  4. A transonic U.S. Air Force B-1B Lancer bomber in Southwest Asia on 16 January 2004: http://chamorrobible.org/gpw/gpw-20041216.htm and http://chamorrobible.org/gpw/gpw-20041217.htm      Source: http://chamorrobible.org/gpw/gpw-The-Spectacular-Clouds-of-the-Transonic-Flight-Regime.htm  5. Three United States Air Force long-range, strategic, heavy bombers -- B-52 Stratofortress, B-1B Lancer, B-2 Spirit -- over Guam, USA, on 17 August 2016: [3000 x 1554 pixels](https://media.defense.gov/2016/Aug/17/2001607062/-1/-1/0/160817-F-UA699-357.JPG)      Source: http://www.pacaf.af.mil/News/Article-Display/Article/916815/b-52-b-1-b-2s-participate-in-first-integrated-bomber-operation-in-uspacom-aor/"}
{"_id": "567362", "title": "", "text": "A proper world porfolio is a non-trivial task. No one answer exists which is the best one and how one should construct it. World? The problem with world portfolio is that it is not well-defined. Providers use it as they wish and people use it as they wish, read the history for further ado (messy stuff). You can build yourself world portfolio but warning it is getting harder. You can use this tool by selecting global equity to search through global funds -- it is very useful and allows you to find the low-cost funds with PE/PB/Div.yield. Also, investigate topic more with this tool, less spam."}
{"_id": "567363", "title": "", "text": "I'm sorry. But it seems like you are the idiot. You confuse economic models with reality.  You are frustrated that the models you learned based on a perfect world are wrong.  So rather than reviewing the models you say that world is broken.  Control what you have control over your models. Adjust them and try to explain what is happening, when you find the reasoning please share it with us on reddit.  Until then don't throw words around, not only are you wrong and misinformed but you have also made a fool of yourself."}
{"_id": "567370", "title": "", "text": "We aren't even getting into drinks on this.  Be a good tipper at a local place that you go to regularly?  You might get stronger pours, doubles for single prices, or maybe even free drinks.  That shit is way unlikely to happen at a chain place."}
{"_id": "567378", "title": "", "text": "\"Regardless of how automated this can be.  These trucks will not stand up to com interferences and or disruptions due lack of infrastructure.  There are places in the US whom never heard of the internet through a cable.  Some of those places are barely being introduced to 3G and have been using HASP and CB or HAM.     Also,  bike gangs and authority response time.  They would literally have to arm trucks.  There's a whole new insurance needed for that.  \"\"Automated truck kills group, is TESLA responsible? Stay tuned. \"\"\""}
{"_id": "567380", "title": "", "text": "\"Yeah, pretty much. That's really par for the course among underemployed twenty-somethings in New York. To be fair, I've also lived in cost-inflated areas my whole life, so I'm used to it, and know how to work around it. Even so, with that 18k I'm able to support a decent single malt scotch habit.   The only thing I may have fudged a little is that I do a some freelance photography on the side, and I use money from that to buy myself a new pair of  red wing boots and some nice raw denim jeans every year or so. Which I guess would make my income more like an even $20,000. Sure, I wish I made more so I could have some savings and a little security, and I'm certainly not saying I want to live like this when I'm 35. But I do alright.   Point is, people forget that this city is full of poor people, and it wouldn't exist if they couldn't survive doing menial jobs for minimum wage. My neighborhood is full of peurto rican single parents, flipping burgers for less than I make an hour, pulling down maybe thirty grand a year. To a lot of people I know, a $60,000 year would be a fortune. There's a huge difference between \"\"doing alright\"\" and this privileged idea of \"\"getting by\"\" most people raised in the upper middle class cling to.\""}
{"_id": "567383", "title": "", "text": "I would suggest following your quote and having a read of the web page supplied, that buys then sells or sells short then buys (the same security on the same day) four or more times in five business days, ... So it is a two way transaction that counts as 'one'."}
{"_id": "567395", "title": "", "text": "\"&gt; I'm a basically daily user of some of the things I mentioned and I have a job, why does it matter what I do on my time off? I've had issues with depression and do see a psychologist, and the aggressive way you position your argument isn't appreciated.  Many of these people get high before work as well and go in high. I want a happy employee that is ready to work and isn't impaired.  &gt; Correct me if I'm wrong, but in your mind a weed smoker = jobless person with 0 motivation, which just isn't true. While there are people who fit that bill and perpetuate the stereotype, it isn't everyone.  I know plenty have jobs, but many daily users aren't at their full potential and don't have as much motivation. Which definitely holds them back.   As far as insurance, I know you didn't want to get into it, but I was talking about liability insurance if there is an injury at work, not medical insurance.  While you can say it doesn't cause accidents, I've heard from a few people that \"\"I smoked too much\"\" or \"\"I ate too much of an edible and I couldn't move or passed out\"\"  So it does cause serious impairments and can cause accidents in less amounts (lesser than the amount that knocks you out)\""}
{"_id": "567410", "title": "", "text": "Since its such a small amount, they may require you to move it.  A common cutoff is $5k, but it varies from plan to plan. I would roll it over into an IRA.  The problem with withdrawing it is that opportunity to save is gone.  Especially for IRAs, which have a low maximum contribution, its hard to make it up in the future."}
{"_id": "567424", "title": "", "text": "I'm not sure the reasoning still holds though.  If you default on your student loan, your diploma doesn't get repossessed.  There's a signifiant moral hazard associated with student loans.  A mortgage on the other hand is around a very physical item.  Though I can still banks lobbying for better rules, that would be hugely in the consumers disadvantage."}
{"_id": "567437", "title": "", "text": "So the Japanese are better at the circle jerk.  An amusing note, if you pay attention to this stuff at all, you will notice that Japan can't actually just print the money.  The process you refer to is considered inflating the debt away.  When Japan prints money now, their currency gains value.  So they are actually pretty fucked.  http://www.zerohedge.com/news/2012-10-30/when-\u00a511-trillion-not-enough-japans-qe-9-disappoints-halflife-zero-time-qe10  edit:spelling/grammar sorry"}
{"_id": "567461", "title": "", "text": "This will continue happening. I'm not sure why people are surprised.  1. Wealth attracts wealth. Once you have billions you can use the millions you make from interest (without ever touching your capital) for many new endeavors. It's pretty hard to lose everything once you're worth billions.  2. It's easier to become a billionaire faster than what it was 20 years ago, and will continue to increase in pace. Instagram was sold for $1B before 2 years of being founded.    3. People are living longer and having less children. In combination with #2, in the past the distribution of wealth through inheritance happened quicker than the creation. Takes you 30 years to create a $5B estate and it's then divided into 5. Today it takes you 15 years to create a $40B estate and it's divided into 2 after 40 more years.   4. It's easier to add more value than 50 years ago. Today a software engineer can develop software that automatically does what a whole 1,000-person company did in the past. Adding value generates wealth.   5. It's easier to stay on top of more things. In combination with #4, you can now use technology to add much more value in bigger enterprises. Consider Musk as an example being the CEO of Tesla, SpaceX and finding time for the neuralink and boring projects. That would have been impossible 50 years ago.   In general innovation creates value. Globalization creates a much larger marker for that value to be applied in. Technology makes it for more innovation to happen in an ever-increasing pace.   World living standards are at an all-time high, but the leaders can separate themselves farther from the pack not because it is unfair, but because technology allows them to.   In order to innovate, you must take some risks and be able to step away from your day to day obligations to analyze opportunities. That's why I believe a better social safety net is required. But this will only increase the amount of billionaires out there and will increase living standards for everyone; it will not necessarily decrease inequality."}
{"_id": "567474", "title": "", "text": "I agree with you. B&amp;M is not going anywhere. People like to see what they are buying. Thats why i never buy shirts online because they might be a bad quality. But to add to the Best Buy roast. When i went to buy my 3ds it took 20 minutes to get help i was planning on leaving.  When amazon announced the WF deal many, if not all, retailer's hearts skipped a beat.  When i got the bloomberg notification i had to read it 2-3 times to make sure i read it right."}
{"_id": "567479", "title": "", "text": "I don't agree with that. As technology improves, less workers will be needed to maintain production. At some point, with automation, we might only need a small fraction of our current workers. Does that mean we should reduce our population in kind? Or perhaps we should start valuing people in society beyond the amount of work they can output.   The genetic argument you're using doesn't really work because humans are mostly genetically identical. The superficial, like skin color, is superficial. Given similar situations, being taught similar things, having similar amounts of money, people act similarly and have similar abilities, no matter where you're from."}
{"_id": "567492", "title": "", "text": "\"So how does one of these get set up exactly? If a private company wants to backstop their ability to repay bond obligations with public funds, doesn't an agreement like that have to go through something like a city council meeting before it's approved? If it does, and that happened in these cases, then the municipalities made a bad decision on an \"\"investment\"\" that included some level of risk, just like any other investment they make. If it doesn't work out, it shouldn't be a surprise who's on the hook for the payment.\""}
{"_id": "567498", "title": "", "text": "\"I would start with actually talking to the collection agency.  Say what you are saying here,  namely:  \"\"I'm willing to pay the debt if the creditor can prove to me that I owe them\"\". You can also talk to the health facility, ask them for information or records.   You can start there and see what happens.  Once you are ready to pay the debt you can negotiate to have the negative mark removed from your report.   It really depends on the collection agency.  They could be reasonable, or the could be total scum.\""}
{"_id": "567500", "title": "", "text": "Do your own research There are hundreds of places where people will give you all sorts of recommendations. There is as much noise in the recommendations as there is in the stock market itself. Become your own filter. You need to work on your own instinct. Pick a couple of sectors and a few stocks in each and study them. It is useful to know where the main indexes are going, but - unless you are trading the indexes - it is the individual sectors that you should focus on more."}
{"_id": "567511", "title": "", "text": "Sinclair, Murphy, Conoco, BP/Phillips, ARC0, Pilot, Flying J, Love\u2019s, RaceTrac, Valero.   Theses are only some of the gas stations that don't import.   You can choose where your has comes from fact is your too lazy to do a Google search."}
{"_id": "567512", "title": "", "text": "Dude, where do you live? Do you read the newspaper? Do you watch the news? Nothing in this country is done for our (consumers) benefit, especially not now with Trump in office.  I love this country and it's my home, but we've been totally fucked for several generations by corporate lobbyists who push legislation that benefits companies, not people.  I'll give you calorie counts on menus.  That's for the benefit of the consumer."}
{"_id": "567517", "title": "", "text": "Possible ways they could make money (or think they could): I would go back through your transaction history and see if it's disappeared.  Even with an assumed-rubbish interface finding a reversal of the transaction should be easy as you know the amount.  I wouldn't spend it for a very long time if it is still there, just in case my last bullet applies. Given what they knew about you (phone number and account details) I'd be wary enough to keep an eye on all my accounts, possibly wary enough to consider credit monitoring in case they try to open other accounts with your details.  Although of course plenty of people have legitimate reasons to have this information - if you've written a cheque the account details will be on it, and you might well be in the phone book or otherwise searchable."}
{"_id": "567531", "title": "", "text": "\"Stocks prices are determined whenever a buyer and seller agree to trade at a given price. The company (you use AAPL as an example) doesn't set its own stock price. Rather, the investors set the price every time it trades. There's no \"\"official\"\" price -- just the last trade. Likewise, you can offer to trade a stock at whatever price you want: that's the definition of a limit order. You might not find a willing buyer or seller at that price, but you can certainly open an order. Stock quotes that you get from your broker or a finance web site reflect the price as last traded. These quotes are updated throughout the trading day and the frequency and delay varies amongst quote providers. Like Knuckle-Dragger suggests in the comments, there are ways to get real-time quotes. It's often more helpful to think in terms of bid/ask instead of \"\"official price\"\". See this question for details.\""}
{"_id": "567552", "title": "", "text": "Typically, no. Unless you have a detailed agreement spelling out the apportioning of costs, all operating expenses are deducted from gross income first, with the division of the proceeds coming out of net profit, in accordance with the type and % of shares you own, and per the terms of the shareholders agreement. This is a simplified answer, and does not address other methods of extraction, such as wages paid, loans to shareholders, interest paid on loans from shareholders, etc.."}
{"_id": "567572", "title": "", "text": "I work in Safeway produce and I can tell you that we get the exact same organic produce that Whole Foods does, and the same with most other organic produce departments in the area.  All you can do to differentiate yourself is how you handle the produce on your end, since it all comes from the same source."}
{"_id": "567577", "title": "", "text": "Personal loans are typically more expensive (have higher interest) than mortgages, because they are not backed by an immovable asset. So you should reconsider the decision to not want a mortgage; it would be cheaper. Aside from that, once you get a personal loan, you are free to do with it whatever you want; this includes sending it to your parents, buying something, gambling it away in Vegas, or take out cash and burn it. So, yes, you can. Sending money from the UK to other EU countries should be easy and simple, once it is in your account, your bank can help you to make the transfer. I assume you understand that if your parents walk away with the money, you are left holding the bag. You are taking the full risk, and you will have to pay it back."}
{"_id": "567592", "title": "", "text": "Range and energy density will keep a cap on electric car growth for a long, long, time. Try to estimate when it will be cheaper for a consumer to buy a certain size/quality electric car compared to a gas car of the same size/quality, and figure in total cost of ownership over 5 or 10 years. It is possible we are headed in that direction, but it is also possible that the time we get there is 50 years from now."}
{"_id": "567608", "title": "", "text": "If you're worried about investing all at once, you can deploy your starting chunk of cash gradually by investing a bit of it each month, quarter, etc. (dollar-cost averaging).  The financial merits and demerits of this have been debated, but it is unlikely to lose you a lot of money, and if it has the psychological benefit of inducing you to invest, it can be worth it even if it results in slightly less-than-optimal gains. More generally, you are right with what you say at the end of your question: in the long run, when you start won't matter, as long as you continue to invest regularly.  The Boglehead-style index-fund-based theory is basically that, yes, you might save money by investing at certain times, but in practice it's almost impossible to know when those times are, so the better choice is to just keep investing no matter what.  If you do this, you will eventually invest at high and low points, so the ups and downs will be moderated. Also, note that from this perspective, your example of investing in 2007 is incorrect.  It's true that a person who put money in 2007, and then sat back and did nothing, would have barely broken even by now.  But a person who started to invest in 2007, and continued to invest throughout the economic downturn, would in fact reap substantial rewards due to continued investing throughout the post-2007 lows.  (Happily, I speak from experience on this point!)"}
{"_id": "567616", "title": "", "text": "\"Also make sure you're listed on TripAdvisor, include good photos, and get your customers to leave positive reviews.  If you have more business than you can handle yourself, start hiring other drivers under the \"\"TrustyTukTuk\"\" brand.   As an aside, I've been to Siem Reap and seen Angkor Wat- highly recommended!\""}
{"_id": "567633", "title": "", "text": "Trump has swapped out serious ideas for a jobs program with a scheme to turn over public infrastructure assets to private interests, which would be able to extract profits under the flimsiest of supervision. -- from the article  Standard operating procedure for Republicans, so no surprises here. That the infrastructure item of concern is the air traffic control system should make anyone with half a brain shudder in fear."}
{"_id": "567653", "title": "", "text": "The answer to this question is given by the fact that many public companies have people who are opposed to the company's aims or practices and who own their stock, often a single share, for the purposes of turning up to shareholder meetings and haranguing directors/asking awkward questions/disrupting proceedings, etc. If public companies could stop these campaigning shareholders from owning stock they would."}
{"_id": "567693", "title": "", "text": "Or what, exactly? What happens if all of the media just ignore this 'order' and do it anyway, since it's a damned **press briefing**...  I'd be raising a hell of a fuss if I were a journalist. This is completely moronic. They can't pull everyone's credentials over something this bizarre."}
{"_id": "567749", "title": "", "text": "The US Treasury is not directly/transactionally involved, but can affect the junk bond market by issuing new bonds when rates rise. Since US bonds are considered completely safe, changes in yield will affect low quality debt. For example, if rates rose to levels like 1980, a 12% treasury bond would drive the prices of junk bonds issued today dramatically lower. Another price factor is likelihood of default. Companies with junk credit ratings have lousy balance sheets, so negative economic conditions or tight short term debt markets can result in default for many of these companies. Whether bonds in a fund are new issues or purchased on the secondary market isn't something that is very relevant to the individual investor. The current interest rate environment is factored into the market already via prices of bonds."}
{"_id": "567763", "title": "", "text": "almost all unions want the business they are in to survive. Most of the stories you hear are such an extreme outlier or just plain made up.  Believe it or not, everyone in the union, wants the corp to survive to pay them retirement benefits. They dont want to rape the corp like corps rape resources.  They want fair pay. They want pay to go up when the company does better, just like companies tend to demand pay cuts or fire people when the company does worse.  quit treating people like a commodity and instead treat them like actual people helping your actual corp to actually grow."}
{"_id": "567766", "title": "", "text": "\"This article is a libertarian orgasmic delight: If granny can't pull her weight then she can die in the street. \"\"If you\u2019re going to cut that much money out, it\u2019s going to be coming from older people and people with disabilities\u201d says this quote from the article.\""}
{"_id": "567786", "title": "", "text": "&gt; \u201cDraw one line on a graph charting the decline in union membership, then superimpose a second line charting the decline in middle-class income share,\u201d writes Noah, \u201cand you will find that the two lines are nearly identical.\u201d  People, even 'liberals,' don't want to hear this, but it's true. Unions are a counterbalance to corporate and government power."}
{"_id": "567810", "title": "", "text": "And for a more than a decade, eSalesData has been helping organizations reach the decision makers in industries across the globe. Our mailing lists will take your message straight to the desk, inbox or phone of banking executives, allow you to seal those crucial deals before the competition even makes a pitch."}
{"_id": "567818", "title": "", "text": "\"[Google is your friend](http://lmgtfy.com/?q=How+does+the+distribution+of+wealth+compare+between+the+States+and+the+rest+of+the+free+world%3F+&amp;l=1)  Scroll down to the section marked \"\"International Comparisons.\"\"  The short answer is, \"\"badly.\"\"  The reason, however, is that the US is a crazy rich nation where the richest people are _very_ rich, the poorest people are pretty damned poor, and the \"\"middle classes\"\" haven't gained a lot of wealth in the last 40 years.  These are fairly unique features of the US.  Most of the countries that are as unequal as the US are unequal due to access to important resources that are sold globally by well-connected important people.  Or Britain.\""}
{"_id": "567820", "title": "", "text": "\"It is Bitcoin \"\"Cash\"\", not Bitcoin \"\"Stocks\"\". It is really silly to gauge it by traders sentiment. Sure the value will drop as uninterested people cash out pushing the value down. After that, the value may stabilize to a higher value making traders that jumped the gun really regret being short sighted.  August 8 is the day on which SegWit goes into effect, but it brings nothing immediately new to the table. Bitcoin's blocks are no longer full, so the immediate issues of backed up transactions and high fees are no longer present. We saw Litecoin implement SegWit and nothing magical immediately happen. They even are working on Litening Network, but people seem pretty disinterested, at least from a market value perspective (it is all real cool to us tech geeks).  SegWit allows Lightening Network to be implemented in the future, which really excites businesses and startups because of the opportunity of profiting off of transaction fees without investing in mining hardware. Everyone wants to profit being a middle man. Hence the constant negative propaganda against Bitcoin Cash. Don't get me wrong, the side chains of Lightening Network will enable some cool stuff, but right now it is simply a corporate money grab to fix the purposely created bottleneck issue of Bitcoin, which Bitcoin Cash disposed of.\""}
{"_id": "567834", "title": "", "text": "M\u1eddi t\u00e0i tr\u1ee3 trang V\u00e0ng V\u1eadt Ch\u1ea5t  Jimmy Group k\u00ednh ch\u00e0o qu\u00fd kh\u00e1ch,  V\u00e0ng V\u1eadt Ch\u1ea5t \u0111\u01b0\u1ee3c c\u1ea3 th\u1ebf gi\u1edbi c\u00f4ng nh\u1eadn v\u00e0 \u0111\u01b0\u1ee3c xem nh\u01b0 1 lo\u1ea1i ti\u1ec1n chung, chu\u1ea9n m\u1ef1c trong thanh to\u00e1n qu\u1ed1c t\u1ebf . Nh\u01b0 v\u1eady, \u00fd ngh\u0129a c\u1ee7a trang V\u00e0ng V\u1eadt Ch\u1ea5t l\u00e0 trang th\u00f4ng tin chu\u1ea9n m\u1ef1c c\u1ee7a d\u00e2n T\u00e0i Ch\u00ednh v\u00e0 \u0111\u01b0\u1ee3c c\u1ea3 Th\u1ebf Gi\u1edbi c\u00f4ng nh\u1eadn. Jimmy Group l\u00e0 \u0111\u01a1n v\u1ecb x\u00e2y d\u1ef1ng v\u00e0 ph\u00e1t tri\u1ec3n trang V\u00e0ng V\u1eadt Ch\u1ea5t ph\u1ea3i lu\u00f4n th\u1ef1c hi\u1ec7n s\u1ee9 m\u1ec7nh ph\u1ee5c v\u1ee5 c\u1ed9ng \u0111\u1ed3ng ngu\u1ed3n th\u00f4ng tin S\u1ea0CH trong \u0111\u1ea7u t\u01b0  Theo th\u1ed1ng k\u00ea l\u01b0\u1ee3t truy c\u1eadp trong 3 th\u00e1ng g\u1ea7n nh\u1ea5t c\u1ee7a Alexa th\u00ec trang V\u00e0ng V\u1eadt Ch\u1ea5t \u0111ang t\u1ea1m thu\u1ed9c TOP 1,472,805 tr\u00ean Th\u1ebf Gi\u1edbi v\u00e0 11,451 c\u1ee7a Vi\u1ec7t Nam."}
{"_id": "567835", "title": "", "text": "You also gotta wonder how legalizing pot has affected this. Smoking pot was pretty rebellious when i was in high school ('03-'07), but now that its legal in several large states, i could see the attraction of 'being different' lessening for teens there."}
{"_id": "567842", "title": "", "text": "Stop accepting new investments and wait to show a profit on your K-1."}
{"_id": "567849", "title": "", "text": "\"If by \"\"loss on the sale\"\" you mean \"\"an expense\"\", then yes that is fine. Say you sell a $20 game on Steam (30% is very common on markets like Steam, Google Play Store, iTunes Store, etc...), then you would report: Side note: 30% is actually not that bad. For a product I helped bring into a few retail store chains, they are effectively taking closer to 40%, though retail can vary depending on several factors.\""}
{"_id": "567891", "title": "", "text": "Contact the bank where the money is being sent. They should have a record of it, and they will know what happened to it.  In some, maybe even most, banks accounts are never truly closed, they are just made inactive. If that is the case with this bank the 300 euro may be sitting in the account as a credit. If they have the money, ask for them to send it to back by reversing the transaction. If it has been too long they may have another procedure for refunding the money. They might even send it by check. If they already reversed the transaction, contact your bank to determine where the funds went."}
{"_id": "567910", "title": "", "text": "\"For what I know, in the future you will be able to insist on using IBAN alone, but for now banks may require that you provide them with both BIC and IBAN. Here is more information on the \"\"IBAN only\"\" rule: The SEPA Regulation stipulates the timelines for application of the   so-called 'IBAN only' rule. This provision is relevant for both PSPs   and payment service users (PSUs). Article 5 (7) of the SEPA Regulation   states: \"\"After 1 February 2014 for national payment transactions and   after 1 February 2016 for cross-border payment transactions, PSPs   shall not require PSUs to indicate the BIC of the PSP of a payer or of   the PSP of a payee.\"\" Article 16 (6) however provides EU Member States   with the option to defer application of the 'IBAN only' rule for   national transactions to 1 February 2016.\""}
{"_id": "567916", "title": "", "text": "The absolute first thing you need to do is contact the bank. Also, do you have a copy of the loan papers you signed? You should look over those as soon as possible as well. I'm sure you want these payments going toward your FICO score and not your mothers."}
{"_id": "567919", "title": "", "text": "Am I the only one not concerned about this? No one is going to look at my information up close. I'm a data point that allows them to see a trend in a larger population or an anonymous customer they have no more concern for than the people to whom companies send junk mail."}
{"_id": "567964", "title": "", "text": "\"&gt; That's not a taxi regulation, that's just a driving regulation: all vehicles must be insured. Are you saying that Uber/Lyft aren't even following the laws of the road?  When you're driving to a call, you're working as a cab driver, or if you don't like that label, you're operating a commercial vehicle. Regular car insurance does not cover operating a vehicle for the purposes of transporting people, a.k.a. driving a taxi. There is special insurance for taxi companies because they have much higher liability and likelihood of being in an accident, thus the premiums are higher. Uber/Lyft drivers do not have this type of insurance individually, but Uber/Lyft each have a \"\"$1m insurance policy\"\" in case their drivers are in accidents **when they are loaded**. It doesn't cover them between calls. When an Uber/Lyft driver gets in an accident between calls, their insurance isn't going to cover it because they were operating a taxi, or a vehicle that transports people for money. Their insurance will drop their policy, and they will be liable for the damages, which they likely won't be able to pay out of pocket or they wouldn't be driving for Uber/Lyft in the first place.  &gt; Taxi regulations actually allow red-lining by restricting service areas: \"\"sorry, I don't go to x town - I'm only licensed for y town.\"\" Even with the regulations, taxis do it anyway. That's why they ask for your destination before they give you an ETA on pickup  You have no idea what red-lining is.  &gt; Rate-setting isn't a good thing.  Yes, it is actually. It keeps the prices stable and manageable. Without prices would drastically increase, which seems to be a big complaint in this thread.  &gt; Yep. The taxi regulations should largely be repealed: they've outlived their usefulness  Again, you don't have a fucking clue what you're talking about. Many cities have tried to deregulate their cab industries and all but one in the US has returned to some form of regulation. It's been a complete shit show every time. Service quality went down and prices went up.  See, the thing people in this thread people don't get is I actually know how cab drivers think because I personally know 200 of them. They would absolutely love to have the industry deregulated because then they wouldn't have to take drunk assholes that call for a cab, they could just take the decently sober guy offering them an extra $20. They wouldn't have to drive to the shitty parts of town where they're most likely to get robbed. They wouldn't even have to give rides to shady looking people who are probably going to bail on their fare. Got a wheelchair? Fuck if anyone wants to lift that into the trunk. You want that short ride that only goes three blocks because you're wearing your hootchy skirt with 6\"\" heels? Why bother? Oh it's 2am on New Year's Eve/Day and you want a ride? And you're freezing your ass off? Ok, how about $80? No? Well the guy behind you with his girlfriend crying will pay it. He won't like it, but it beats being stuck downtown all night.\""}
{"_id": "567968", "title": "", "text": "The real reason for this is that the FCC and Congress won't be able to make as much money on the auction if there is less competition in the bidding. Congress should stop using public airwaves to fund pet projects.  Would you like to know more?  [Congress to Sell Public Airwaves to Pay Benefits](http://www.nytimes.com/2012/02/17/business/media/congress-to-sell-public-airwaves-to-pay-benefits.html?pagewanted=all&amp;_r=0)"}
{"_id": "567973", "title": "", "text": "Yes, it\u2019s a scam. Best case you will end up with nothing, worst case you wil end up losing money and facing criminal charges for fraud and/or money laundering.  Do not contact him again or respond to further contact. Forward his details to your local law enforcement if you have provided any of your personal information to him already."}
{"_id": "568006", "title": "", "text": "Another disadvantage is the inability to value commodities in an accounting sense. In contrast with stocks, bonds and real estate, commodities don't generate cash flows and so any valuation methodology is by definition speculative. But as rhaskett notes, there are diversification advantages. The returns for gold, for instance, tend to exhibit low/negative correlation with the performance of stocks. The question is whether the diversification advantage, which is the primary reason to hold commodities in a multi-asset class portfolio through time, overcomes the disadvantages? The answer... maybe."}
{"_id": "568007", "title": "", "text": "Currencies today are mostly just paper with perceived value.   Gold and silver aren\u2019t the same as modern monies because there is an actual finite amount in the world.   Paper money is technically infinite and can be used to control the value of it to that end such as quantitative easing.   The question is is Bitcoin like paper currency? In which case things that affect paper money would effect it with some exceptions.   Or is it like gold and silver in that there is a finite amount?   That\u2019s for people who know more about it than me but I have heard terms like mining bitcoin and stuff...  I was thinking about investing in bitcoins too."}
{"_id": "568009", "title": "", "text": "We don't pay interest, we have credit ratings of 800+.  I wouldn't be surprised at a drop from selling your house as you now have no installment debt and thus your debt mix doesn't look at good as it did.  (This assumes you don't have something like a car loan but from what you say I don't think you do.)  I am very surprised at the size of the drop, though.  Is it possible that something went wrong and you ended up with some sort of ding from the sale or related events?  Have you checked your report for anything that could have caused it?"}
{"_id": "568013", "title": "", "text": "Transferwise gives an excellent exchange rate and very minimal costs. They save on costs by not actually changing any money; your money goes to someone else in the US, and the Canadia dollars you want come from someone else in Canada. No money changes currency or crosses borders, there is no bank transfer fee (assuming that domestic bank transfers, inside the country, are free), and they give an excellent exchange rate (very nearly the spot rate, I find; far better than many rates I find online for sending money across the border).  I sent money from the UK to Japan with it last week, at a fixed fee of about three US dollars (I was charged in GBP, obviously). About one tenth the cost of an international bank transfer. I just double-checked; at about midday on the fifth of October 2016, they gave me a rate of 130.15 JPY per 1 GBP, and then charged me two GBP to transfer the money. The rate that day, according to xe.com, varied between 130.7 and 132 ; basically, I don't think I could have got a better deal pretty much anywhere. As I type, this very second, they offer 1.33 CAD for 1 USD , and google tells me that this very second, the exchange rate is 1.33 CAD for 1 USD - transferwise is giving the spot price. I don't think you'll get a better rate anywhere else."}
{"_id": "568042", "title": "", "text": "1. Where is Commonwealth of the Northern Mariana Islands (CNMI), United States of America (USA)? Where is Territory of Guam, USA?      (a) http://chamorrobible.org/images/chamorrobibleproject/map-west-pacific-islands-1998.jpg       (b) http://chamorrobible.org/images/chamorrobibleproject/map-commonwealth-of-the-northern-mariana-islands-1989.jpg      (c) http://chamorrobible.org/images/chamorrobibleproject/map-guam-1991.jpg      (d) http://chamorrobible.org/images/chamorrobibleproject/map-federated-states-of-micronesia-1999.jpg      (e) http://chamorrobible.org/images/chamorrobibleproject/map-oceania-2002.jpg      (f) Guam, USA, photographed from outer space on 30 December 2011: [4014 x 6021 pixels](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-huge.jpg) ... additional resolutions at http://chamorrobible.org/gpw/gpw-201304.htm      (g) Commonwealth of the Northern Mariana Islands, USA, photographed from outer space: http://chamorrobible.org/gpw/gpw-20040622.htm      Source for #1: http://chamorrobible.org  2. https://www.reddit.com/r/worldpolitics/comments/6nnhnl/one_of_just_17_remaining_colonies_worldwide_guam/dkasdpl"}
{"_id": "568043", "title": "", "text": "\"Though you're looking to repeat this review with multiple securities and events at different times, I've taken liberty in assuming you are not looking to conduct backtests with hundreds of events.  I've answered below assuming it's an ad hoc review for a single event pertaining to one security. Had the event occurred more recently, your full-service broker could often get it for you for free.  Even some discount brokers will offer it so.  If the stock and its options were actively traded, you can request \"\"time and sales,\"\" or \"\"TNS,\"\" data for the dates you have in mind.  If not active, then request \"\"time and quotes,\"\" or \"\"TNQ\"\" data. If the event happened long ago, as seems to be the case, then your choices become much more limited and possibly costly.  Below are some suggestions: Wall Street Journal and Investors' Business Daily print copies have daily stock options trading data.  They are best for trading data on actively traded options.  Since the event sounds like it was a major one for the company, it may have been actively traded that day and hence reported in the papers' listings.  Some of the print pages have been digitized; otherwise you'll need to review the archived printed copies. Bloomberg has these data and access to them will depend on whether the account you use has that particular subscription.  I've used it to get detailed equity trading data on defunct and delisted companies on specific dates and times and for and futures trading data.  If you don't have personal access to Bloomberg, as many do not, you can try to request access from a public, commercial or business school library. The stock options exchanges sell their data; some strictly to resellers and others to anyone willing to pay.  If you know which exchange(s) the options traded on, you can contact the exchange's market data services department and request TNS and / or TNQ data and a list of resellers, as the resellers may be cheaper for single queries.\""}
{"_id": "568047", "title": "", "text": "\"The short answer is: banks are less concerned about the interest earned on any single mortgage than they are for the interest earned over time from a collection of mortgages. Let's look at a repayment schedule for a 30-year mortgage at 4% for $100,000. (source: http://web5.vlending.com/loancenter-calculators-amort.aspx. Any mortgage calculator should produce a similar schedule, however.) A few things to note: The interest due in the last 6 years is less than the interest due in the first year alone. Banks are getting a disproportionate amount of the expected interest up front. Banks can make multiple loans; the money collected from existing borrowers can be aggregated to make new loans before the old ones are paid off, and those new loans start, of course, at the interest-heavy end of the repayment schedule. Suppose the bank lends out $1,000,000 to 10 borrowers. In the first two years, they will collect a total of $114588.90 from the 10 borrowers in principal and interest. That's enough to make an additional loan to an 11th borrower while keeping $14,588.90 as \"\"profit\"\". The new borrower is making payments at the year-one rate. A bank may lose a little interest on a single loan that gets repaid early, but that is generally made up by the fact that a new loan can be issued that much sooner as a result.\""}
{"_id": "568052", "title": "", "text": "Supplier of talc powder in India http://quartzpowdermanufacturers.com/supplier-of-talc-powder-in-india.php Shi Vinayak Industries-Some of the remarkable characteristics of our talc powder are its accurate composition, good opacity, water resistance and excellent quality. As Talc is a natural refectory mineral, therefore frequent surveillance and preliminary processing ensures a steady end product. During the grinding process, regular quality checks are directed by drawing periodic talc Powder specimens to ensure consistency on various parameters by laboratory tests at the site."}
{"_id": "568064", "title": "", "text": "\"As long as the IRS treats bitcoin as property, then whenever you use bitcoin to buy anything you are supposed to consider the capital gain or capital loss. There is no \"\"until it's converted to fiat\"\". You are paying local sales tax and capital gains, or paying local sales tax and reporting capital loss. As long as you are consistent, you can use either the total cost basis, or individual lot purchases. The same as other property like stocks (except without stock specific regulations like wash-sale rules :D ). There are a lot of perks or unintentional loopholes for speculators, with the property designation. There are a lot of disadvantages for consumers trying to use it like a currency. Someone mixing investment and spending funds across addresses is going to have complicated tax issues, but fortunately the exchanges have records of purchase times and prices, which you can compare with the addresses you control. Do note, after that IRS guideline, another federal agency designated Bitcoin as a commodity, which is a subset of \"\"property\"\" with its own more favorable but different tax guidelines.\""}
{"_id": "568067", "title": "", "text": "The product itself is a derivative as it derives its value from another stock or commodity.  It's similar to a US option, which offers (in the case of a 'call') the right, but not the obligation to buy a stock at a predetermined price before a certain date. But, unlike the US option, instead of buying the stock, the contract is only closed out in cash. I've made the analogy to betting, so I believe it to be a fair comparison. I hope this question is theoretical. You should never buy a financial instrument with no clue how it works."}
{"_id": "568090", "title": "", "text": "\"but not from the Fed as numerous British and European banks did. Canadian banks did not have a solvency issue as U.S. banks did. They just got caught up in a \"\"Everybody is scared shitless and nobody is willing to lend to anybody\"\" situation. All banks rely on overnight lending to balance the books. The cause had nothing to do with mismanagement or bad decision-making. Canadian banks have again and again been rated the [best managed](http://www.bloomberg.com/news/2012-05-02/canadians-dominate-world-s-10-strongest-banks.html) and [best regulated](http://business.financialpost.com/2012/10/10/canadas-banks-shake-off-global-sector-crisis/) in the world. And as soon as some semblance of normality was restored to the credit markets the money was paid back.\""}
{"_id": "568091", "title": "", "text": "Yes you will be able to withdraw the money upon maturity. The PPF account cannot be extended. Under the liberalized remittance scheme an individual can repatriate back up to 1 million USD. There is some paperwork and CA certificate required."}
{"_id": "568098", "title": "", "text": "\"Not sure why you got the downvote... This is cursory knowledge for even a casual WWII scholar. Tanks, planes, guns... Doesn't matter. We never had \"\"the best,\"\" we simply made many, many more of them.  This also laid the foundation of 30-40 years of manufacturing supremacy before everything got shipped off to China and built / designed to be consumable.\""}
{"_id": "568111", "title": "", "text": "&gt;During the 50s there were plenty of women in the workforce and nothing changed. If that's the case the income should have halved but in reality it's been reduced to about 30%. More to the point companies today couldn't afford to pay people the amount they paid in the past."}
{"_id": "568113", "title": "", "text": "I don't know if vanilla beans are traded on any organized exchange, and if they are, it's probably extremely obscure and very hard to access without having both of a lot of money and in-country connections.  Edit: no, they're not. So there is no real way to short them.  https://www.ft.com/content/e0e2fc16-28db-11e7-bc4b-5528796fe35c?mhq5j=e2"}
{"_id": "568130", "title": "", "text": "I would start by talking to a Fee-Only Financial Planner to make sure the portfolio fits with your goals.  You can find a list here: http://www.napfa.org/"}
{"_id": "568132", "title": "", "text": "Because the macro numbers are not always relevant on a micro level and vice versa. Saudi Arabia has a GDP per capita far higher than any European county. Would you want to be a worker (i.a slave) in Saudi Arabia or a worker in Sweden?  The United States is a rich country. A very rich country. But businesses going great in most major cities, and the average salary growing, doesn't really change the life of the minimum wage worker in rural New Mexico who can hardly get by without food stamps."}
{"_id": "568165", "title": "", "text": "\"I'm mostly guessing based on existing documentation, and have no direct experience, so take this with a pinch of salt. My best understanding is that you need to file Form 843. The instructions for the form say that it can be used to request: A refund or abatement of a penalty or addition to tax due to    reasonable cause or other reason (other than erroneous written    advice provided by the IRS) allowed under the law. The \"\"reasonable cause\"\" here is a good-faith confusion about what Line 79 of the form was referring to. In Form 843, the IRC Section Code you should enter is 6654 (estimated tax). For more, see the IRC Section 6654 (note, however, that if you already received a CP14 notice from the IRS, you should cross-check that this section code is listed on the notice under the part that covers the estimated tax penalty). If your request is accepted, the IRS should issue you Notice 746, item 17 Penalty Removed: You can get more general information about the tax collection process, and how to challenge it, from the pages linked from Understanding your CP14 Notice\""}
{"_id": "568166", "title": "", "text": "You could hold a long position in some company XXXX and then short your own shares (assuming your broker will let you do that).  The dividend that would have gone to you would then go to whoever is holding the shares you short sold.  You just don't get a dividend.  If you're going to short in a smart way...  do it on a stock you otherwise believe in, but use it to minimize the pull-backs on the way up."}
{"_id": "568194", "title": "", "text": "Many people go to leadership courses on their own accord and expenses. They are really helpful and informative learning experiences. As such, business owners should also think of including this in their educational and training programs to further encourage and motivate their employees."}
{"_id": "568196", "title": "", "text": "REIT's usually invest in larger properties (apartment complexes), individuals usually invest in small properties (single units, duplexes, fourplexes, etc). REIT's also invest in a lot of commercial properties - malls, commercial and business office buildings, etc. These are very different markets. Not to mention the risk spread, geographical spread, research, management and maintenance that someone has to do for REIT and it comes out of the earnings (while your own rentals you can manage yourself, if you want), etc."}
{"_id": "568197", "title": "", "text": "\"First, please allow me to recommend that you do not try gimmickry when financials do give expected results.  It's a sure path to disaster and illegality.  The best route is to first check if accounts are being properly booked.  If they are then there is most likely a problem with the business.  Anything out of bounds yet properly booked is indeed the problem. Now, the reason why your results seem strange is because investments are being improperly booked as inventory; therefore, the current account is deviating badly from the industry mean. The dividing line for distinguishing between current and long term assets is one year; although, modern financial accounting theorists & regulators have tried to smudge that line, so standards do not always adhere to that line. Therefore, any seedlings for resale should be booked as inventory while those for potting as investment.  It's been some time since I've looked at the standards closely, but this used to fall under \"\"property, plant, & equipment\"\".  Generally, it is a \"\"capital expenditure\"\" by the oldest definition.   It is not necessary to obsess over initial bookings because inventory turnover will quickly resolve itself, so a simple running or historical rate can be applied to the seedling purchases. The books will now appear more normal, and better subsequent strategic decisions can now be made.\""}
{"_id": "568200", "title": "", "text": "New to investing... when I buy/sell a stock can I buy/sell at the exact market price whenever I'd like or is there more to it? Does there need to be a demand for when I'm trying to sell or am I just forcing the company to buy back my shares? Sorry if confusing/rookie question"}
{"_id": "568220", "title": "", "text": "The solution is x = 8.92. This assumes that Chuck's six years of deposits start from today, so that the first deposit accumulates 10 years of gain, i.e. 20*(1 + 0.1)^10.  The second deposit gains nine years' interest: 20*(1 + 0.1)^9 and so on ...    If you want to do this calculation using the formula for an annuity due, i.e. http://www.financeformulas.net/Future-Value-of-Annuity-Due.html  where  (formula by induction) you have to bear in mind this is for the whole time span (k = 1 to n), so for just the first six years you need to calculate for all ten years then subtract another annuity calculation for the last four years.  So the full calculation is:  As you can see it's not very neat, because the standard formula is for a whole time span.  You could make it a little tidier by using a formula for k = m to n instead, i.e.  So the calculation becomes  which can be done with simple arithmetic (and doesn't actually need a solver)."}
{"_id": "568230", "title": "", "text": "\"Is this a hypothetical question? It sounds like a combination of \"\"can my amount owed on a card go negative (i.e. a credit) and can I deposit to someone else's XXX account. My wife kept her last name. when I pay her charge card I've never gotten rejected, I don't see why this wouldn't work if a stranger gave me their number and address to make payment.\""}
{"_id": "568238", "title": "", "text": "Make sure to get a Homestead Exemption if your state has one. This can keep your taxes from rising quite as steeply, and in some cases the county assessment office can get you a retroactive refund when your application is approved.  Also, if you really think you're paying too high based on home resale values around you, most county assessors will also let you dispute your valuation. A higher value is great if you intend to sell, not so good if you're staying long term. Kind of like the difference between trading bonds and investing in them.  Also, as I think one of the other posters pointed out, you can usually make extra small payments and direct them to escrow or to principal."}
{"_id": "568252", "title": "", "text": "you know, i'm curious.  why did you feel it was overpriced? if it opened at $50 a share and you thought that was too high, might you buy 2 shares if it opened at $25 instead? would there be any notable difference in what you owned?"}
{"_id": "568255", "title": "", "text": "Welcome to the working world.  I will answer these a bit out of order. C)  Your withholding has almost zero chance of being correct.  Just about everyone has to pay or gets a refund.  I typically shoot for +- of $1000, and that is tough. A)  Your W-2 is where you adjust the amount of tax that is withheld.  You should fill out a new one as soon as possible.  You can use a paycheck calculator to figure out the proper tax that should be withheld.   B) No. D)  Yes you will owe Utah state tax.  See this site. The rub of this all is that you may have to pay Idaho tax prior to being refunded your Federal.  If you want to avoid this file your federal return as soon as possible (Goal:  File by 7 Feb).  You should have the return in 3 weeks or less (presuming you are owed one).  That will give you plenty of time to file and pay any Idaho tax owed.   I say all of this because you may be tempted to go to a tax preparation shop and take an advance on your income tax return.  Those loans are for people that hate money and are designed to tempt the foolish.  They are only slightly better than payday loans."}
{"_id": "568257", "title": "", "text": "His assumption is crazy. Governments treat financial institutions with kid gloves due to the reflexive nature of financial system liabilities. The government has proven it is willing to see unsecured bondholders at automakers take large haircuts.  I may not be understanding your point."}
{"_id": "568287", "title": "", "text": "AusShred is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Sydney."}
{"_id": "568298", "title": "", "text": "Yes.  There are huge disadvantages to saving money in a money market account. Money market account can be a good place to save some of your emergency fund, because it's basically a cash account and you can withdraw from it at will, with few delays.  It's liquid."}
{"_id": "568299", "title": "", "text": "If you already own shares in a company and sell some, you won't be short selling these shares if sold from the same brokerage account, because your existing shares with that broker need to be sold first before you are able to short sell any. If you own a portfolio of shares however, you may be able to short sell an index to hedge your current portfolio. Also, if you have your existing shares in a company but don't want to sell your existing shares, for example you don't want to crystallise a capital gain, you can always hedge you current shares by short selling them through a different broker.  Some other hedging options possibly available to you include: buying put options over the shares, writing cover call options, or short selling some other derivatives like CFDs (if your country allows them)."}
{"_id": "568300", "title": "", "text": "\"I read one consultant who recommended something a lot like consensus building, but instead of 100% agreement (which is hard and time-consuming to do), you only go after the decision that everyone can \"\"live with\"\" - major objections had to be resolved, but other than that, it was good enough.  Another interesting method I saw was very decentralized - everyone makes their own decisions for what they will personally do, after consulting with affected parties. Nothing was seen as a command, only advice.  Wish I had more data, but I don't...\""}
{"_id": "568301", "title": "", "text": "\"&gt;*\"\" But if it takes up 100% of my income, then that means a society where the majority of people are growing food and doing nothing else.\"\"*  Agricultural automation is improving rapidly, Farming with very few people needing to work to produce as much or more as used to take a significant chunk of society is a reality already.  Within a few years - in developed countries, the percentage of the population who are directly employed in agriculture will be tiny!\""}
{"_id": "568308", "title": "", "text": "I'm just asking people what they sell, IT or anything else. I'm interested in selling to the government because I understand the business and know how to win solicitations. However, my experience selling IT has involved making very thin margins so I'm curious about other areas."}
{"_id": "568313", "title": "", "text": "General advice for novice investors is to have the majority of your holdings be denominated in your home currency as this reduces volatility which can make people squeamish and, related to your second question, prevents all sorts of confusion. A rising CAD actually decreases the value (for you) of your current USD stock. After all, the same amount of USD now buys you less in CAD. An exception to the rule can be made if you would use USD often in your daily life yet your income is CAD. In this case owning stock denominated in USD can form a natural hedge in your life (USD goes up -> your relative income goes down but stock value goes up and visa versa).  Keep in mind \u2014as mentioned in the comments\u2014 that an US company with a listing in CAD is still going to be affected by price swings of USD."}
{"_id": "568315", "title": "", "text": "In your case I think you are doing just fine.  Index funds, by their nature, have lower transaction costs and fewer taxable events than actively managed funds, good work.   Index funds do not preclude the generation of dividends, and by their nature they probably generate slightly more than actively managed funds.   You could take capital gain or dividend or both distributions, rather than reinvest them, if paying the taxes are a hardship.  Otherwise look at the taxes you pay as your contributions to these funds.  It stinks, but this is why 401K/IRA were rather revolutionary when they were formed.  It was a really good deal to not have people's capital gains eaten by taxes when they occurred.  Now its old hat, but it was pretty darn cool at the time. Should you prefer VTMSX rather than VFIAX?  We can't really make the call on that one.  Which one will perform better after taxes?  Its anyone's guess. It is kind of a good problem to have."}
{"_id": "568318", "title": "", "text": "Also the margin/popularity of the product.  Luxury car dealerships will spend more on a shot at a single sale than a local hairdresser will risk on getting *maybe* ten new customers.  Then again, if you hit the right guy on the right day it needn't even make sense.  I used to run a tiny annual event with footfall of around 200 and had way more trouble offloading a 1/4 page for \u00a320 to the local cab firm, than a 'co sponsor' slot to a local manufacturing business for \u00a3250.  Expected return for the cab firm was arguably much higher but the amount was just a fart in a tornado to the bigger business."}
{"_id": "568322", "title": "", "text": "There is little advantage to waiting or combining accounts.  If it makes sense to put money into a Roth now (which I can easily believe because your current tax rate is crazy low) go ahead and do so.  Your later opportunities for investment in a 401(k) do not affect your optimal decision today. There's nothing wrong with having multiple types of retirement accounts and many people do.  Over time the best place to put money can change.  After retirement you can roll all your Roth style investments into a single Roth IRA and your traditional investments (IRA and 401k) into a single traditional IRA."}
{"_id": "568324", "title": "", "text": "Because the question puts moral obligations aside, I'll answer from the practical point of view. There are two reasons for declaring side income, even cash income. If you buy a house in a year or two, the additional income will help qualify you for a mortgage.  The IRS has ways to discover that you earned the money.  a. A client might be audited. If the client deducts the cost of your services from their income, they could be asked for proof that they paid you. Suppose they saved ATM receipts that show the withdrawals of cash used to pay you, and kept records that document the dates they paid you. The IRS might want to ask you if you were paid by the client on those dates, and how much. The asking might be in the form of an audit, and you'd have to lie to the IRS to avoid penalty. b. A client might develop a grudge against you and report you to the IRS. Someone could do this even if they don't know for sure that you don't declare the income. If you were interviewed or audited, you'd have to lie to the IRS to avoid penalty. c. You could fall prey to an algorithm. There might be one that compares deductions and income. If you run a crazy-high ratio year after year, you could be flagged for audit. Once again, you'd have to lie to avoid penalty."}
{"_id": "568326", "title": "", "text": "It would be interesting to bridge the gap between scientists and practitioners.   That said, a daily cadence is way, way too lofty of a goal to start with. Even a weekly newsletter would be pushing it. Professors often have their own publications to deal with, whether it be their own social media, publishing in journals, reviewing/editing others' articles, teaching, etc. In other words, professors are very busy people, and there would be little to no incentive for them to spend their valuable time on an outlet that wouldn't benefit them in some way.   That said, start small. Reach out to business professors and see what the interest is like, what they would want out of it (if anything), what medium they would prefer (e.g., blog post, a tweet, podcast), and so forth.  As an example, check out the Oxford Review: https://www.oxford-review.com/"}
{"_id": "568334", "title": "", "text": "I'm a SEIA member, the organization that authored this report and have been following these reports. The costs mentioned include everything required for development: Panels, inverters, BOS, labor, racking, permitting, engineering and margin. They do not include land (which is rented and paid by cashflows) or subsidies (which are used by developers, not EPCs who are quoting these prices). There are no subsidies in any of the listed items, there are however tariffs on the modules depending on their origin."}
{"_id": "568337", "title": "", "text": "Yes, it was. Just in my group of friends, we have had about a 50% job placement rate so far, and we were the overachievers in the program. On top of that, I grew up in a home with technology. I was on dos when I was 2. There were some people who studied for hours, but couldn't understand subnetting to save their life, let alone routing protocols. Their brain just didn't work that way.   I mean, don't get me wrong, I worked my butt off and I'm proud of it, but I am super lucky that I was able to land a job 2 weeks after graduation. And if anyone understands luck, it's a god of chaos."}
{"_id": "568359", "title": "", "text": "\"Yup, and circa 2003, 2004, 2005, 2006 and even 2007...  The people who had claimed there was a \"\"housing bubble\"\" were laughed at as well (remember all of those assurances that there was NO BUBBLE, and that housing prices were based on \"\"solid fundamentals\"\").  I recall a few years back when I said the Fed would end up blatantly buying Treasuries -- I was told that was \"\"unprecedented\"\" and that \"\"no way\"\", etc, etc.  Fast forward a bit and the Fed is now the MAJORITY buyer (really there is no market for Treasuries *other* than the Fed, and if the Fed were not buying, then it would be hugely different).  But, let's ignore all that and just call for the bartender to serve another round \"\"on the house\"\"!\""}
{"_id": "568376", "title": "", "text": "I especially like buying them at my grocery market when they do the deals where every $25 in gift cards you buy, you get 10 cents off of gas.  Buying a new $1500 camcorder?  First buy the gift cards, and then get about 60 gallons of gas for free."}
{"_id": "568382", "title": "", "text": "Utilizing a GPS vehicle tracking and fleet management system is not an issue of questioning the dedication of your workers towards the organization. Then again, a compelling checking has regularly brought about change of profitability, fuel productivity and work hour use."}
{"_id": "568390", "title": "", "text": "Not a problem.  Politicians who take money from the oil industry can make more efforts to extend a regulatory environment where oil companies can continue to profit.  Solar and wind power can be taxed and research that supports alternative energy can be unfunded."}
{"_id": "568394", "title": "", "text": "If I gift 50k to my Father who is retired but getting pension, will I get a 50k tax benefit? If Yes, then under which section would it be? 80C or other? There is no tax benefit for you on the 50K. This can't be deducted under any section. You have to pay tax. if Father's income i.e. Pension+gift doesn't come under tax slab and he doesn't wish to invest in tax saving scheme would I still be getting benefit? See above you do not get any tax benefit.  Other Notes: Edit: Start from zero, you don't have any money. Say for the year 2015-2016, you get Rs 30 lacs salary. After deductions [PF, etc] you pay [say approx] Rs 10 lacs as tax. Now you have Rs 20 lacs. Assuming you survive on thin air and save Rs 20 lacs.  If you invest this 20 lacs into FD. For the year 2016-2017 you will get Rs 2 lacs as interest on 20 lacs. Plus you have salary of Rs 30 lacs. So now your total income is 32 lacs and your tax will go up by around Rs 60,000 [approx 30% of Rs 2 lacs]. Instead if you gift this Rs 20 lacs to your father, there is no gift tax for you or your father. Now your father invested this Rs 20 lacs in FD, he will get an interest of Rs 2 lacs. This can be tax free to him if he does not have any other income. If he has say an income of Rs 2.5 lacs, then he has to pay tax on the Rs 2 lacs at 10% ... Now he can gift you the Rs 2 lacs for 2016-2017 there is no gift tax to you or him."}
{"_id": "568411", "title": "", "text": "Here in Denver, which is clearly in the midst of an economic boom, the city's premiere shopping center (Cherry Creek Mall) is struggling despite the presence of high-end shops like Nieman Marcus and Restoration Hardware, among many others. The adjacent business district (Cherry Creek North) is awash in new high-rises, office buildings and stand-alone retail stores, but the city council is in the pocket of developers so they've approved all this growth while eliminating the need to provide adequate parking. Since so many non-shoppers were leaving their cars in mall garages all day long, mall officials instituted paid parking. Now, you can park for free if you're staying for less than an hour, but beginning with the 61st minute you're being charged. This has had a detrimental effect on many of the smaller stores in the mall, most of which relied on strolling visitors for a large share of their business. With the limited free parking, people are running their planned errands and then getting the hell out of there before the hour is up. It seems like a pretty stupid way to run a business, especially since several suburban malls have the same stores and unlimited parking."}
{"_id": "568416", "title": "", "text": "It's not just that they are not spending; there is too much capital concentrated on the top of the high net worth set to find anyone to invest. All the investment in the world can't do anything but create supply. Supply is worthless without demand. Without a consumer base with disposable income, there is not enough demand to create anything other than lackluster growth. Supply side economics continues to exacerbate income inequality, crippling demand and thereby limiting investment opportunity. Thus, the richest have nowhere to put their mountains of capital, so it sits in govt bonds, holding rates down, or goes into various other value stores. It's not being invested or spent, but it is being removed from activity, and it certainly is not trickling down into the millions suffering under increasing prices and stagnant wages. As wealth inequality grows, the entire economy suffers. The other detrimental effect of this is the creation of market bubbles to feed the appetite of this capital glut for better returns. Bubbles aren't growth or healthy investment; they are widespread economic disasters in the making.   Redistribution of wealth, however accomplished, is the only solution to this problem. This is not a moral question. It's economics and math."}
{"_id": "568443", "title": "", "text": "Because stock markets don't always go up, sometimes they go down. Sometimes they go way down. Between 2007 and 2009 the S&P 500 lost over half its value. So if in 2007 you thought you had just enough to retire on, in 2009 you'd suddenly find you had only half of what you needed! Of course over the next few years, many of the stocks recovered value, but if you had retired in 2008 and depended on a 401k that consisted entirely of stocks, you'd have been forced to sell a bunch of stocks near the bottom of the market to cover your retirement living expenses. Bonds go up and down too, but usually not to the same extent as stocks, and ideally you aren't selling the bonds for your living expenses, just collecting the interest that's due you for the year. Of course, some companies and cities went bankrupt in the 2008 crisis too, and they stopped making interest payments.  Another risk is that you may be forced to retire before you were actually planning to. As you age you are at increasing risk for medical problems that may force an early retirement. Many businesses coped with the 2008 recession by laying off their older workers who were earning higher salaries. It wasn't an easy environment for older workers to find jobs in, so many folks were forced into early retirement. Nothing is risk free, so you need to make an effort to understand what the risks are, and decide which ones you are comfortable with."}
{"_id": "568444", "title": "", "text": "It should depend on the situation. Are you expected to arrive and jump right into conferences and work meetings? Then you should get business class. Are you going to be given an extra (paid) day after you arrive to adjust to your new schedule, travel weariness and time zone change?  Coach is fine."}
{"_id": "568453", "title": "", "text": "&gt;  i mean there is nothing wrong with being loyal with your company/firm  Yes there is.  Unless you are a partner or owner, they will never be loyal to you. Loyalty to an employer is a suckers game in this day &amp; age."}
{"_id": "568454", "title": "", "text": "I would recommend not paying it off early for 2 key reasons: If you are a resident of the U.S. you get tax deductibility of mortgage interest, which as pointed out in previous posts, reduces the effective interest rate on your mortgage, never in your life will you ever be allowed to obtain such high leverage at such a low rates. You can probably get higher returns with not much risk. @JoeTaxpayer mentioned various statistics regarding returns when investing in equities. Even though they are a decent bet over the long term, you can get an even better risk reward tradeoff by considering municipal bonds. If you are in the U.S. and invest in the municipal bonds of your state, the interest income will be both federal and state tax-free.  In other words, if you were making 3.5% investing in equities, your after tax returns would be significantly less depending on your tax bracket whereas investment-grade municipal bond ETFs will yield probably the same or higher and have no tax. They are also significantly less volatile. Even though they have default risk, the risk is small since most of these bonds are backed by future tax obligations, or other income streams derived from hard assets such as tolls or property. Furthermore, an ETF will have a portfolio of these bonds which will also dampen the impact of any individual defaults. In essence, you are getting paid this spread for simply having access to credit, take advantage of it while you can."}
{"_id": "568473", "title": "", "text": "\"Others have given some good answers. I'd just like to chime in with one more option: treasury I-series bonds. They're linked to an inflation component, so they won't lose value (in theory). You can file tax returns for your children \"\"paying\"\" taxes (usually 0) on the interest while they're minors, so they appreciate tax-free until they're 18. Some of my relatives have given my children money, and I've invested it this way. Alternatively, you can buy the I-bonds in your own name. Then if you cash them out for your kids' education, the interest is tax-free; but if you cash them out for your own use, you do have to pay taxes on the interest.\""}
{"_id": "568492", "title": "", "text": "Yes but think of the poor poor pharma and insurance companies (profits)! They need to make a living as well. The USA system is so broken look at NL they have a private public partnership for healthcare that walks a nice middle road (although personaly I prefer single payer)."}
{"_id": "568501", "title": "", "text": "It's used as a reference column:  In journals folio coloumn is used to mention the reference or   \u201caddress\u201d of ledger in which the journal entry has been posted thus   giving an easy access and also easily understanding whether all the   entries has been posted in the relevant accounts or not."}
{"_id": "568506", "title": "", "text": "\"No one wants this?  Um, isn't that what \"\"market forces\"\" are all about?  A bunch of new entrants into the economy making those high wages may very well offset higher food prices, which forcing a population in a society of +85% obesity to make more economically informed food choices may not be such a bad thing.  Farmers don't pay because their entire business model is based on exploitation of illegal laborers.  Remove the illegal labor and the model collapses.  This is analogous to implementing strict PED testing and player stats falling off of a cliff for the entire league.\""}
{"_id": "568512", "title": "", "text": "Are you referring to my standard that companies should not be corrupt if I'm going to give them my money? I think that's a pretty good standard to live up to. Don't be corrupt, and I'll give you my business. If you are corrupt, dishonest, if you victimize your customers, or if you take advantage of other businesses for profit in a malicious fashion, then I'm not that interested in doing business with you."}
{"_id": "568518", "title": "", "text": "\"Another important commodity necessary to life is money, which is why when vast sums of it go missing or get locked into long-term investments into which one was grossly misled, it's very upsetting.  One such long-term investment is Zurich Vista, which the OP is intimately familiar with. Another type of fund into which money can strangely disappear, is the now ubiquitous \"\"off-shore fund\"\". One should also be very wary of land-banking schemes that boast of high rates of return (15%-20%) and short maturation dates (4-5 years).\""}
{"_id": "568522", "title": "", "text": "&gt;I note that each response to me includes a personal insult.  False.   I don't know, nor do I care, why people downvote, but I assume it's because you're letting emotion cloud reason. The point isn't that people may lose jobs, it's that an inefficient business should go under. This is [/r/business](/r/business) not [/r/sappytearjerker](/r/sappytearjerker).  Brick and Mortar retailers suffer when a more efficient and broad-reaching business such as amazon comes about. They mostly go into these stores to check out the products and decided which to purchase online for less.   What I think about whether or not these people will get another job in T time is irrelevant to the point, again, that inefficient companies should go under."}
{"_id": "568525", "title": "", "text": "Wrong. It's a great way to flatten wealth disparity. There's record numbers of people dropping out of the labor force and addicted to opioids because what the fuck is the point if you work 40 hours a week and still can't afford food or a roof over your head let alone a car payment? We're not talking luxury items here.  /And if anyone mentions iPhones they should be slapped across the face. Bad economist! Bad!"}
{"_id": "568526", "title": "", "text": "\"When an IPO happens, the buyers pay some price (let's say $20 per share) and the seller (the company) receives a different price ($18.60).  Who paid the commission? Well, the commission caused a spread between buyer and seller.  It doesn't matter who technically pays the commission because it costs both parties.  In an IPO, the company technically pays the commission, but they use buyers' money to do it and the buyer must pay more than he/she would if there was no commission. The same thing happens when you buy a home.  Technically the seller pays both realtors' commissions but it came from money the buyer gave the seller and the commissions pushed up the price, so didn't the buyer pay the commission?  They both did. The second paragraph suggests that if the investment bankers act as a simple broker, buying public securities instead of newly issued shares for their clients, then the commissions will be much lower.  Obviously.  I wonder if this is really the right interpretation, though, as no broker charges 4% to a large client for this service.  I would need more context to be sure that's what's meant. The gyst is that IPOs generate a lot of money for the investment bankers who act as intermediaries.  If you are participating in the transaction, that money is in some way coming out of your pocket, even if it doesn't show up as a \"\"brokerage fee\"\" on your statement.\""}
{"_id": "568527", "title": "", "text": "This article is very one sided. What about us \u2018from nothing\u2019 folks?  You\u2019d be surprised how many  of us made severe sacrifices like living in a mobile home or having high numbers of roommates for decades so we could save to start up and then ramp up our businesses."}
{"_id": "568534", "title": "", "text": "There are two ways to measure the value of money in the past. 1) As Victor mentioned there are inflation statistics covering the last 100 or so years that value the currency against an ever-changing basket of goods. This is sufficient when measuring general inflation over the period of the hundred years where there is data. This is how it was measured in your example. 2) For older time periods or where a value comparison is required between specific items (particularly where these were not in the basket of goods used for the inflation calculation) Historical records of the price of comparable goods can be used. This is in effect the same as mark to market valuations for illiquid financial instruments and requires poring through records to find the price of either a comparable basket of goods to one that would be used for inflation calculations today or a comparable set of items. An example of this is finding the value of a particular type of house (say a terraced house in London) in the 19th Century compared to the same house today by finding records of how much comparable houses would sell for, on average, then and now. This second measure is also used where the country in question didn't or doesn't keep reliable inflation statistics which may well be true of Colombia in the 90s. This means that there is a chance that this way of estimating Escobar's wealth in today's terms may have also been used. Another notable reason to use this methodology is that (unless you are using exchange rates in purchasing power parity terms) the value of money held in different currencies is different. This is even true today as the value of $1 in INR in India is likely to be higher than the value of a dollar in the US in terms of what you can buy. Using this methodology allows for a more accurate comparison in values where different countries and currencies are involved."}
{"_id": "568560", "title": "", "text": "Canadian food exports to Russia last year, mostly pork, amounted to only $260 million. So I think Canadian farmers will be able to find alternate markets without too much difficulty.considering total pork exports last years were over $3.2 billion  http://www.cbc.ca/news/world/russia-sanctions-show-putin-s-short-sighted-desperation-canada-says-1.2729821"}
{"_id": "568566", "title": "", "text": "I spent 2.5 days,meaning 16hrs+16+8. I just did a ton of practice exams and quizzes. Passed the 7 with a 74 iirc. Also took the 66 not 65 which required 1.5 days. I was coming from an ms in finance though."}
{"_id": "568570", "title": "", "text": "I wasn't trying to argue that, because I really don't know what the right solution is. If you were really trying to argue that and not being sarcastic, then I think you have a very good point though. If it really was a tax as is being argued, why not have a tax on the employer end like you do social security and medicaid instead of this mandate? I am not arguing that either, because maybe it wouldn't work. Just playing devil's advocate and trying to come up with **something** better.  Either way, this bill seems miles away from the right answer."}
{"_id": "568574", "title": "", "text": "You did read the massive disclaimer about how not all subsidies are included it the report right?  When you cherry pick only the categories you want it makes up whatever argument you want.  Try including everything else like grants, foreign tax credits for example and the numbers are staggering.  And that not even broaching the money we've spend on attempt to procure and stabilize middle east oil sources.  I don't need an army to protect my roof solar panels from ISIS.  http://www.energyandcapital.com/report/the-real-truth-about-energy-subsidies/491   Edit: I don't know why I bothered.  You post in t_d, conspiracy and cap it all off with libertarian.  Class act you are!"}
{"_id": "568578", "title": "", "text": "\"I'm hopeful that opinion based answers are acceptable in this context. I've been using YNAB classic for some years. I've tried to keep all possible options open in the manner of individual items for budget allocation. There does seem to be a number of \"\"emergency\"\" situations for which one would prefer to not dig into regular scheduled expenses. Having a large number of smaller funds give you flexibility in terms of categorizing your past emergencies. This gives you a better view of future allocation of your funds, perhaps freeing up money you might not have otherwise identified. If you are using a program such as YNAB (classic, I'm not familiar with the current version), you can easily transfer funds from one category to another as needed. After all, it's merely numbers in a file, not \"\"real money\"\" that would be otherwise inaccessible. To summarize, I think the smaller fund concept provides a better picture. The big picture of the small stuff means greater flexibility and forecasting. Prior to the world of personal computers, I had a piece of paper in my wallet. It had every category I could devise, representing every penny in my checking account. Pencils and erasers eventually grew into YNAB, but the concept remained the same all these decades.\""}
{"_id": "568591", "title": "", "text": "And again, not true. Ive been to literally hundreds of warehouses. The only ones with climate control are food storage warehouses that need to be below freezing, or amazon. No other company in my experience has the kind of systems in place to keep employees as comfortable as possible given the job.  As for medical care, the warehouses i know the most about require an active EMT or paramedic license for medical responders in the warehouse.  I remember the articles years ago about working conditions at Amazon, but ive not seen anything to prove those accusations, and ive seen plenty to convince me they either are no longer valid, or they never were in the first place"}
{"_id": "568611", "title": "", "text": "You don't necessarily have to use a LEAP to do a spread. Since you are doing a covered call, I'm assuming that you would be comfortable with having that call exercised and you are bullish on the stock. So doing a spread trade with the short call option would essentially be capping your maximum profit without risking the obligation to sell the stock below market value.  An example for the payoff from a bull call spread: long lower strike call, short higher (covered) strike call can be found here"}
{"_id": "568624", "title": "", "text": "Index funds are well-known to give the best long-term investment. Are they? Maybe not all the time! If you had invested in an index fund tracking the S&P500 at the start of 2000 you would still be behind in terms of capital appreciation when taking inflation into considerations. Your only returns in 13.5 years would have been any dividends you may have received. See the monthly chart of the S&P500 below.  Diversification can be good for your overall returns, but diversification simply for diversification sake is as you said, a way of reducing your overall returns in order of smoothing out your equity curve. After looking up indexes for various countries the only one that had made decent returns over a 13.5 year period was the Indian BSE 30 index, almost 400% over 13.5 years, although it also has gone nowhere since the end of 2007 (5.5 years). See monthly chart below.  So investing internationally (especially in developing countries when developed nations are stagnating) can improve your returns, but I would learn about the various international markets first before plunging straight in. Regarding investing in an Index fund vs direct investment in a select group of shares, I did a search on the US markets with the following criteria on the 3rd January 2000:  If the resulting top 10 from the search were bought on 3rd January 2000 and held up until the close of the market on the 19th June 2013, the results would be as per the table below:  The result, almost 250% return in 13.5 years compared to almost no return if you had invested into the whole S&P 500 Index. Note, this table lists only the top ten from the search without screening through the charts, and no risk management was applied (if risk management was applied the 4 losses of 40%+ would have been limited to a maximum of 20%, but possibly much smaller losses or even for gains, as they might have gone into positive territory before coming back down - as I have not looked at any of the charts I cannot confirm this). This is one simple example how selecting good shares can result in much better returns than investing into a whole Index, as you are not pulled down by the bad stocks."}
{"_id": "568625", "title": "", "text": "When you borrow money - you create a liability to yourself (you credit your Liabilities:Loans account and debit your Asset:Bank account). When you lend money - you create an asset to yourself (you debit your Asset:Loan account and credit your Asset:Bank account)."}
{"_id": "568629", "title": "", "text": "Wow! First, congratulations! You are both making great money. You should be able to reach your goals.  Are we on the right track ? Are we doing any mistakes which we could have avoided ? Please advice if there is something that we should focus more into ! I would prioritize as follows: Get on the same page. My first red flag is that you are listing your assets separately. You and your wife own property together and are raising your daughter together. The first thing is to both be on the same page with your combined income and assets. This is critical. Set specific goals for the future. Dreaming and big-picture life planning will be the foundation for building a detailed plan for reaching your goals. You will see more progress with more sacrifice. If you both are not equally excited about the goals, you will not both be equally willing to sacrifice lifestyle now. You have the income now to be able to set yourselves up to do whatever you want in 10 years, if you can agree on what you want. Hire a financial planner you trust. Interview people, ask someone who is where you want to be in 10 years. You need someone with experience that can guide you through these questions and understands how to manage your income stream. Start saving for retirement in tax-advantaged accounts. This should be as much as 10%-15% of your income combined, so $30k-$45k per year. You need to start diversifying your investments. Real estate is great, but I would never recommend it as this large a percentage of net worth. Start saving for your child's education. Hard to say what you need here, since I don't know your goals. A financial planner should assist you with this. Get rid of your debt. Out of your $2.1M of rental real estate and land, you have $1.4M of debt. It will be difficult to start a business with that much additional debt. It will also put stress on your retirement that you don't need. You are taking on lots of risk here. I would sell all but maybe one of the properties and let it cash flow. This will free up cash to start investing for retirement or future business too. Buy more rental in the future with cash only. You have plenty of income to do it this way, and you will be setting yourself up for a great future. At this point you can continue to pile funds into any/all your investments, with the goal of using the funds to start a business or to live on. If all your investments are tied up in real estate, you wont have anything to draw on if needed for a business opportunity. You need to weigh this out in your goal and planning. What should we do to prepare for a comfortable retirement and safety You cannot plan for or see all scenarios. However, good planning will give you more options and more choices. Investing driven by fear will set you up for failure.  Spend less than you make. Be patient. Be generous. Cheers!"}
{"_id": "568636", "title": "", "text": "As far as I can see, this is an issue of the bank's policy rather than some legal regulation. That means that you'll need to work it out with the bank.  To give you a couple of ideas to work with when you talk with them, maybe something from this list will work: Good luck!"}
{"_id": "568638", "title": "", "text": "\"I don't really see how anyone could possibly look at that graph and conclude that the period from the start of 2013 to now was \"\"worse\"\" than the period from late 2008 to early 2010.   Sure, there might be *more months* of lower sales, but for fuck's sake, you kinda got to take the scale of the drops into account too.\""}
{"_id": "568651", "title": "", "text": "I agree. Since the Fed has been pursing all kinds of aggressive policies for years it saying things have gotten worse damages their reputation. This means it's either so clear it can't be ignored or is the first step in some other strong measures (leaving QE in place?). Either way, the fact the Fed is saying this is significant."}
{"_id": "568662", "title": "", "text": "\"Dear OWS - when you march on Washington next month, please demand that all these bankers be arrested, tried in court and then executed. This is BS, how are they able to get away with this - these guys literally destroyed our economy and yet we have people who sold a bag of weed sitting in jail. Come on Obama, you said you were going to \"\"Change\"\" things - this is one thing that will get support from everybody!\""}
{"_id": "568667", "title": "", "text": "Kiyosaki says his methods of actions are not suitable for the average investor. They are meant for those wanting to excel at investing, and are willing to work for it. Personally, I wouldn't want to own ten apartments, because it sounds like a terrible headache. I would much rather have a huge portfolio of index funds. I believe that Kiyosaki's method allegedly perform better than the passive 'invest-diversify-hold' strategy, but would require a new mindset and dedication, and are risky unless you are willing to invest a lot of time learning the fine details. I prefer to dedicate my time elsewhere."}
{"_id": "568670", "title": "", "text": "I'd finance the car (for 60 or 48 months), but stash enough money in a separate account so to guarantee the ability to pay it off in case of job loss. The rationales would be: Note that I'd only do this if the loan rate were very low (under 2%)."}
{"_id": "568687", "title": "", "text": "quid's link should give you a definitive answer, but just to set expectations, here's an article from the UPI: Essex Chemical Corp. has agreed to be acquired by Dow Chemical Co. in a $366 million, $36-a-share deal ... Any shares that remain outstanding after the merger will be converted into the right to receive $36 each in cash, the companies said. There's no mention of exchange for Dow stock, so it's likely that you would get $36 for this share of stock, if anything."}
{"_id": "568690", "title": "", "text": "&gt;In this case, Aldi is making its own (low quality) branded goods (instead of allowing for capitalist/competitive brand selection) and excluding from its stores all other branded goods made by other companies.  Which is part of why their prices are lower.    &gt;Aldi is not a membership club and sells almost exclusively low-quality in-house brands.  The only think Aldi doesn't do is the membership thing everything else is borrowed from Costco.  The no shelves in the store, boxes stacked on top of each other, limited staff, company owned label, etc.  Also if their quality was low then why do so many people like them?  I never been in one before but they won't be expanding as rapidly as they are if they won't doing so well."}
{"_id": "568697", "title": "", "text": "You *choose* to take on a loan and enter debt. Whereas someone brought into slavery was beaten or killed if they opposed the idea of working for someone. I'm sure your credit card doesn't hold the same slave-holding power ;)"}
{"_id": "568698", "title": "", "text": "As always, the most important info is near the bottom: &gt; **Smith revealed that Equifax missed an opportunity to prevent the breach.** In early March, the Department of Homeland Security alerted Equifax about a critical vulnerability in its software. The company sent out an internal email requesting that the problem be fixed, but that was not done, Smith told lawmakers. By May, hackers found the software vulnerability"}
{"_id": "568700", "title": "", "text": "While working with many companies we found both online reputation and cyber threats are burning subjects. Every company stays on their toes on these topics. To protect business houses and other establishments we must read this great article [online reputation from cyber threats](https://www.convergehub.com/blog/online-reputation-cyber-threats). #CRM #CRM_Bogs #business"}
{"_id": "568730", "title": "", "text": "&gt;We collectively agree that a dollar has a certain value. That's it. We believe in money. Welcome to the collective delusion of fiat currency.  You mean 12 richest families in charge of FED make you think it has value? Once you realize this, you'll soon understand how is US's everlasting involvement in (provoking) wars across the globe financed, where from, and most importantly why. Once other nations exclude US dollar as a valid currency (India, Russia and China have already), US dollar is going to be less and less valuable until it's worth nothing (as it actually is all along as it has no leverage). Maybe we better rebel against an inevitable doom of US economy now when you can actually use it to buy other commodities than wait to use them as firestarters 10-20 years down the road."}
{"_id": "568745", "title": "", "text": "Your chart and your claim don't match. You're looking at one marginal tax rate and saying that its historical change doesn't impact overall federal revenues. This is true on the surface, but you're only looking at one aspect of the overall picture.  Saying that federal revenue doesn't correlate with tax rates is disingenuous. An across the board cut or an across the board increase will both have significant effect. Likewise an increase to the top marginal tax rate by itself would have an impact as long as there were no corresponding cuts or increased expenditures to wipe out the impact.  A budget is a budget whether it's a great big one like the federal government's or a small one like a household budget.  Revenues and expenses need to match in order for the budget to balance. Increasing tax rates increases revenue from everyone within the affected tax bracket. It makes an impact."}
{"_id": "568755", "title": "", "text": "&gt; So she could have either been mega rich  At what point in my life did 23 million dollars not make you mega rich? I know I'm old, but I don't think the dollar devalued that much."}
{"_id": "568771", "title": "", "text": "Not as you suggest. Since you are sole prop, you are taxed on a cash basis. Within reason, you can prepay vendors - so temp to hire through an agency might appear more attractive than direct hire. But there needs to be a justification other than avoidance of taxes. So pre-paying 100k on 12/25 would look fishy as fuck. Plus your quality of candidate will suffer if you need anything other than low skill labor.  Look at your other fully deductible expenses - anything you can prepay-prepay. For example, I set my liability insurance renewal January 15 to provide optionality. But it just shifts one year into another .. Means fuckall if you are in the same marginal bracket next year.  The IRS has also relaxed depreciation on office technology. Computers are now fully deductible rather than being capitalized.  @ 500k revenue you should have a CPA and legal counsel. Simply incorporating isn't tax magic. The purpose is to limit yourersonal liability, not a tax shelter - but shitty things happen once you have employees, don't create the potential for a disgruntled employee lawsuit put your shelter at risk of court judgment.  That said, assuming you aren't dumping a hypothetical on the Internet, congrats - for all the headaches, having employees is the ultimate leverage .. it's like a xerox machine for your labor (including loss of fidelity with each copy) .."}
{"_id": "568784", "title": "", "text": "\"Can is fine, and other answered that. I'd suggest that you consider the \"\"should.\"\" Does your employer offer a matched retirement account, typically a 401(k)? Are you depositing up to the match?  Do you have any higher interest short term debt, credit cards, car loan, student loan, etc?  Do you have 6 months worth of living expenses in liquid funds?  One point I like to beat a dead horse over is this - for most normal mortgages, the extra you pay goes to principal, but regardless of how much extra you pay, the next payment is still due next month. So it's possible that you are feeling pretty good that for 5 years you pay so much that you have just 10 left on the 30 year loan, but if you lose your job, you still risk losing the house to foreclosure. It's not like you can ask the bank for that money back.  If you are as disciplined as you sound, put the extra money aside, and only when you have well over the recommended 6 months, then make those prepayments if you choose.  To pull my comment to @MikeKale into my answer - I avoided this aspect of the discussion. But here I'll suggest that a 4% mortgage costs 3% after tax (in 25% bracket), and I'd bet cap gain rates will stay 15% for non-1%ers. So, with the break-even return of 3.5% (to return 3 after tax) and DVY yielding 3.33%, the questions becomes - do you think the DVY top yielders will be flat over the next 15 years? Any return over .17%/yr is profit. That said, the truly risk averse should heed the advise in original answer, then pre-pay. Update - when asked,in April 2012, the DVY I suggested as an example of an investment that beats the mortgage cost, traded at $56. It's now $83 and still yields 3.84%. To put numbers to this, a lump sum $100K would be worth $148K (this doesn't include dividends), and giving off $5700/yr in dividends for an after-tax $4800/yr. We happened to have a good 4 years, overall. The time horizon (15 years) makes the strategy low risk if one sticks to it.\""}
{"_id": "568788", "title": "", "text": "1. Unfortunately it's pretty key to have *something*. School isn't that useful as a screening heuristic, especially for business majors, so 98.5% (approximately) of the value add comes from what you did while there/immediately after. I get the value in not wanting debt part but the world is what it is.   2. Go after the alumni network. Most schools have an internal job board. That can be something and it's a filtered environment.   3. You can try for an internship that's for juniors. Write a cover letter explaining your situation and why you think you'd still be a good candidate.   4. Other skills? VBA is nice. For an analyst in general my understanding is you need decent but not exceptional computer skills and rock solid Excel/research ability. Learn to write coherently and in a fact driven fashion since many, many people struggle with that.  5. Depending on your major, take a post-grad class or two in accounting/finance at a local university and talk to professors. They may have contacts and it could open doors."}
{"_id": "568803", "title": "", "text": "\"The US government requires corporations to follow certain accounting standards, while exempting itself. For example, companies financial reports must reflect the future costs of things like employee pensions, healthcare and other liabilities. So if you own a company and have an obligation to pay someone $100 in ten years, that obligation must be reflected on your current financial statements. Most US governments operate under a cash accounting scheme that don't necessarily recognize the current costs of big future promises. At the State and Local levels, politicians actively and openly flaunt this -- Governors, mayors, etc routinely do things like give employees enhanced benefits (whose costs kick in the down line) or unlimited sick/vacation time accruals with payouts to employees to avoid impacting the short-term fiscal picture.  As an example, a New York City tabloid ran a big story a few years ago about certain transit authorities -- the standards for disability pensions were so low that 95% of employees were categorized as \"\"disabled\"\" and were receiving pensions that were in many cases greater than the employees salary while working.\""}
{"_id": "568813", "title": "", "text": "NUGT and DUST are opposites - DUST is a 'bear' (tracks 3x the inverse) and NUGT is a 'bull' (tracks 3x the actual).  So if NUGT is much higher, sounds like people are betting on Gold (or specifically, on the NYSEARCA Gold Miners Index).   When this Investopedia article was written in July 2016, the volumes were reversed: DUST traded ~18m and NUGT traded ~7m.  Just differences in stock market activity."}
{"_id": "568814", "title": "", "text": "How is this not getting more attention? Half of the American population are affected by the Equifax breach and the federal government is making it easier for them to settle the issue behind closed door? The FTC will write a report and nobody will so much as go to prison. Why isn't the govt facing any heat over this? What am I missing here?"}
{"_id": "568834", "title": "", "text": "Fining fitting plus size clothes for men can be quite a frustrating process. Most stores will only stock regular sizes for clothes. However, there are options that a plus size wearer can pursue. For years XXLLENT have pride in producing well made large men's plus size clothing for big and curvy men."}
{"_id": "568868", "title": "", "text": "I have a weird size. It's somewhere between 11 add 12. To add to that I have wide feet (No Puma for me). So, I never know what size will fit me - 11, 11.5, 12 or their wide variant. 12 W is generally too big and 11 D too tight, but anything in between is a possibility. It could also be that I'm very finicky with shoe size."}
{"_id": "568889", "title": "", "text": "I had o conversation with our HR VP about a year ago and he said the same thing.  But I did make him realize he'd better offer more money for the position I needed filled.  We found a great guy within three weeks when we upped the pay another 20k."}
{"_id": "568928", "title": "", "text": "Might I interest you in /r/kiva (Kiva.org) as well? Particularly if you have excess cash lying around that you are wondering how to put to use productively while waiting for the markets to cycle, and/or are interested in /r/churning. Let me know if you have any questions about it."}
{"_id": "568929", "title": "", "text": "\"It's Permanent Insurance, sold as a savings scheme that is a bad deal for most people. The insurance aspect really doesn't mean much to most people. The classic example that's been around for decades is the \"\"Gerber Grow Up Plan\"\". Basically, it's a whole-life policy that accumulates a cash value. The pitch is typically given to grandparents, who kick in $10/mo and end up with a policy that is worth a little more than what was paid in. Why do people do it? Like most permanent life, it's usually an expensive investment choice.\""}
{"_id": "568944", "title": "", "text": "A share of stock is a small fraction of the ownership of the company. If you expect the company to eventually be of interest to someone who wants to engineer a merger or takeover, it's worth whatever someone is willing to pay to help make that happen or keep it from happening. Which means it will almost always track the company's value to some degree, because the company itself will buy back shares when it can if they get too cheap, to protect itself from takeover. It may also start paying dividends at a later date. You may also value being able to vote on the company's actions. Including whether it should offer a dividend or reinvest that money in the company. Basically, you would want to own that share -- or not -- for the same reasons you would want to own a piece of that business. Because that's exactly what it is."}
{"_id": "568947", "title": "", "text": "Her career should be over. She was ambitious at Yahoo, but her inexperience as a C-Level leader shined through very clearly and barely even delayed Yahoo!'s demise. Perhaps she has learned something, but it would be very interesting to see her run and very quickly tank Uber."}
{"_id": "568956", "title": "", "text": "\"&gt;which those older individuals have only acquired after years, sometimes decades, of working with the company  Where do you work that doesn't supplement previously non-exempt  workers for temps &amp; interns? Which has 1970's - era retirement plans &amp; educational requirements on hiring, and a static level of worker representation over the decades? Where is this employer where hours haven't been extended?  I speak for myself, not a generation &amp; certainly not for \"\"pop culture\"\" - but it would be *hard* to enjoy the same standard of living my father did starting in his industry today. Not to mention *impossible* at the amount he paid for his education.\""}
{"_id": "568957", "title": "", "text": "the taxi industry?  each city has it's own way of regulating taxis, car service, and limos (a lot of times they fall under different jurisdictions).  the regulatory bodies aren't really a cash crop for municipalities.  radio companies and fleet owners are separate a lot of times, and neither are really rolling in the dough (a fleet owner i know drives a 2004 camry and only recently was able to buy a house in his 60's).  the drivers usually lease from the owners, and bring home about $20,000 a year even if they take radio calls and drive like a maniac.  it's not some giant industry monopolized by bigwigs holding everyone back with their draconian style of operation.  it is easier to compare taxis and car service to other public services like buses and trains."}
{"_id": "568976", "title": "", "text": "The UK doesn't have a gift tax. In limited circumstances if the giver is also in the UK and dies within 7 years, then some inheritance tax might be payable, but if you're in India that won't apply. India also appears not to have any gift tax if the giver is an uncle of the recipient, so no tax will be payable by either party here. There's also no tax deduction for gifts in either the UK or India, so if this is out of your income you'll probably already have paid tax on the money in some form."}
{"_id": "568978", "title": "", "text": "First off, I think you are on the right path not paying 3% to a broker; that sort of fee reduces the money you earn significantly in the long term. For your fund investing approach, 10 funds seems like a lot; one of the point of funds is that they are diversified, so I would expect that the 10th fund would give relatively little diversification over the other 9. I would think about targeting only 5 funds. To invest in the funds, rather than trying to invest in all funds every month, put all of the money into a single fund, and rotate the fund month to month. That reduces your transaction costs significantly."}
{"_id": "569023", "title": "", "text": "It's such a good point. Millennials know that old age pensions won't exist by the time we're that age. In fact, there's decent evidence health care and education systems have nearly completely broken down. Rising rents and lack of options don't help. The future is getting complicated just to make ends meet."}
{"_id": "569026", "title": "", "text": "I don't see a way that this would make matters worse than just giving them the credit card info... Except that it would make abusing the card easier at some other site (or the bank) if they have a similar (unreasonably weak) security-by-photo test. Still, I'd strongly recommend you use a separate card for this so you can cancel it without disrupting your other credit card uses.  (Actually I'd strongly recommend not doing business with folks who have already demonstrated questionable ethics, but you seem to have made that decision.)"}
{"_id": "569034", "title": "", "text": "So your against food stamps? Or just people working while taking food stamps? Because unless you are against either of those, Wal-Mart isn't doing anything wrong. They're simply employing an otherwise unemployable segment of the population. The fact that it is more profitable for them to employee these particular people is the only reason they have jobs in the first place. The first thing Wal-Mart will do, if they have to raise their wages, is let go many of these workers and look for better ones. They're only an attractive option at a lower price. If I'm wrong, why don't they leave Wal-Mart for better jobs? Wal-Mart didn't tell them they were worth that much. The rest of society told them that they weren't worth anything more. That's why Wal-Mart can pay them that much. Maybe, just maybe, they should stop whining about their lot and consider the course they took in life that they can only boast stocking and sliding products across a scanner on a job interview."}
{"_id": "569047", "title": "", "text": "Are you asking me for my review?  The iPad3 feels *generally* buggy and slow. The iPad2 is faster. It also felt like a proper evolution of the iPad.  The iPad3 doesn't. It doesn't feel like a better iPad2. It's noticeably heavier and slower, and mine has crashed twice in the last week. The fact that I have an iPad3 and iPad2 side-by-side leaves me disappointed.  The Playbook is lighter than the iPad3- it's about half the size. The picture isn't as nice. It doesn't have Skype. The user interface is nicer. It has a better spreadsheet and email client and ssh client. It doesn't require a separate SIM (it tethers to my phone). It has a good *feel* to it, and is comfortable in my hands. It hasn't crashed on me yet.  On my commute I use the playbook, and not the iPad3. The iPad3 gets used largely for Facetime and Skype while at my office.  I generally *enjoy* using the Playbook over the iPad3."}
{"_id": "569056", "title": "", "text": "I feel like this has nothing to do with income, and as such RMDs will not really help or harm you. After a person passes, credit card companies are unlikely to collect any outstanding balance.  Debts cannot be inherited, however, assets can be made to stand for debts.  Many assets pass to heirs without the probate process and in some cases all of them pass this way.  This leaves creditors with nothing and having to write off the balance. Even if assets do pass through probate heirs may dispute the creditors.  In that case credit card balances may not be high enough justify hiring a lawyer to fight for payment; or, if they do the judge may be unsympathetic and offer nothing or pennies on the dollar.    The bottom line is that they probably see you, or your demographic, as a poor credit risk and reduced their exposure by lowering your limit.  While that is not what they told you, they probably have to carefully structure what they say to avoid any discrimination claims."}
{"_id": "569063", "title": "", "text": "You can't roll her HSA account into yours, but you can roll her HSA account into another HSA account that is hers.  A $5 per month fee for an HSA account is ridiculous. Find another account that has no fees, and move the money there. I suggest talking to your local credit union."}
{"_id": "569066", "title": "", "text": "\"Obviously you should aim to max out your pension, though this is a bit of a judgement call, as future growth could take it over the limit even once you stop making contributions. A public service job with a defined benefit pension won't make much difference, as they are also assessed against the lifetime limit at a multiplier of 20x the annual pension - so a similar rate to what you're looking at anyway (\u00a3500/year corresponds to a \u00a310K notional pot). On the other hand public service pensions are protected against inflation - if you wanted an equivalent defined contribution pension, annuity rates are actually quite a bit lower than that - more like \u00a3350-\u00a3400 per \u00a310K. Apart from a pension, I'd suggest making sure you own your own property by the time you retire. The rent you save by doing that is effectively tax-free, though you have to pay for the mortgage out of taxed income. So it's equivalent to saving in an ISA, but with the added benefit that you are effectively \"\"hedged\"\" against rental changes. After that ISAs are the next logical investment vehicle, though be aware that cash ISAs don't pay very good returns at the moment.\""}
{"_id": "569076", "title": "", "text": "**Bartke &amp; Hutchinson - Pixel Mastery Live Singapore (2017)**  * A SIMPLE 3-STEP SYSTEMBUILD, SCALE &amp; ACCELERATE! Our system is simple and has only 3-simple-steps.   Youll discover our system and why it works, along with how to implement it within your business quickly! But in a nutshell its our system is: Build, Scale and Accelerate.   * Those students that apply it quickly see results within hours. Weve had students start to implement our system in their hotel rooms immediately after day 1, and report back the very next morning about the increases in sales as a result!   [LINK DOWNLOAD HERE](http://bestgfx.org/tutorial/programing-tuts/350400-bartke-hutchinson-pixel-mastery-live-singapore-2017.html)"}
{"_id": "569089", "title": "", "text": "Yup . .the cunt that brought Russia to its knees in Afghanistan, and now if it was join with Russia, which the Russians will be more than willing to do, it will be the Cunt that breaks our back, seeing as Bagram Airbase is well with in their range and so is Deigo Garcia, and not to mention the entire Muslim world turning against us, but cheer up on the bright side, we will have some warm Indian pussy to cry into :D"}
{"_id": "569095", "title": "", "text": "\"Ask yourself, where do you want to go and what do you want to do?   It may be worthwhile to set out some goals, alternatives or a so-called \"\"bucket list\"\".  This would provide more structure to your budget than a flat rate prescription.   Are your contenders the kind of thing where you might save up several years and have a big trip once or twice a decade or even once in your life (Antarctica cruise!) or more planning out annual vacations?  Would you seek trips to connect to another hobby (art museums, battlefields and historical sites, wine regions, performances of any kind - opera, sports, Broadway musicals), or do you simply want to get away to the beach for a few weeks a year?  Do you want 4 star hotel amenities?   The answers to these will help you figure out what and how to budget. Bon voyage!\""}
{"_id": "569111", "title": "", "text": "They're not going to look very hard at the asset value (except for actual cash in the bank), which doesn't bear much relationship to the real value of the company. More likely they will look at the last three years' earnings and choose a target P/E ratio based on that. The owner's share depends entirely on how much of the business they choose to sell. If the business is worth $60M and they want to raise $20M for themselves, then that means selling 33% of the company. If they want to raise $20M for the business as well, then that means selling half the company and retaining ownership of the other half, which is now worth $80M because of the cash infusion. But many stock exchanges will have minimum requirements for the percentage of the shares that are trading freely, so they will have to sell at least that much."}
{"_id": "569122", "title": "", "text": "Yup, I feel sorry for ya, you can order I think instacart or another delivery service could get you all the goodness Fairway has to offer. I had their NY Cheesecake with a fresh raspberry sauce.... Oh my I'm in heaven yummmm"}
{"_id": "569135", "title": "", "text": "When you do your tax return, your total income from the year from all sources is added up. So you will need to include your employment income as well as your contractor income. Any tax taken off at source through PAYE will then be deducted from how there is to pay. So whether you pay the tax or your employer pays it, it should end up the same, although the timing will differ. There will be differences in National Insurance treatment, and you don't necessarily have a free option to choose which happens - the nature of your relationship may mean you have to be classed as either employed or self-employed under HMRC rules."}
{"_id": "569142", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.imf.org/external/pubs/ft/wp/2015/wp15174.pdf) reduced by 97%. (I'm a bot) ***** &gt; I choose to exogenize GDP per capita, by imposing that institutional quality has no contemporaneous effect on the former while GDP per capita is allowed to contemporaneously impact institutional quality.  &gt; Interestingly, after shocks both on GDP per capita and on institutional quality, institutional quality quickly returns back to its trend.  &gt; 12 3 Peak response of GDP per capita to a 1% shock in institutional quality Peak response of institutional quality to a 1% shock in GDP per capita 0.6 2.5 2 0.7 90% confidence interval 0.5 0.4 1.5 0.3 1 0.2 0.5 0.1 0 0 Corruption Perception Economic Freedom of the Index World Index Corruption Perception Economic Freedom of the Index World Index Figure 7.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6iqntt/institutions_and_growth_a_gmmiv_panel_var_approach/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~149851 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **institutional**^#1 **quality**^#2 **per**^#3 **capita**^#4 **Index**^#5\""}
{"_id": "569145", "title": "", "text": "Depending on how much freelance work we're talking about you could set up a limited company, with you and your wife as directors. By invoicing all your work through the limited company (which could have many other benefits for you, an accountant/advisor would... well, advise...) it's the company earning the money, not you or her personally. You can then pay your wife up to \u00a310,000 per year (as of writing this) without income tax kicking in. You would probably have to pay yourself a small amount to minimise exposure to HMRC's snooping, but possibly not... as far as I'm aware the rules do not state anything about working for free, for yourself - and I wouldn't worry about the ethics, you're already paying plenty into HMRC's bank account through your day job! Some good information here if you're interested: https://www.whitefieldtax.co.uk/web/psc-guide/pscguide-how-does-it-all-work-in-practice-salaries-and-dividends/"}
{"_id": "569147", "title": "", "text": "You are looking at this all wrong.  You got nothing to lose here and everything to gain.  You arent being paid and you arent good at selling.  This is a time for you to try and overcome your hangups.  You have no pressure now since you arent being paid.  Realize this and become more relaxed.  Explore different sales approaches and at the end if the day figure out what works best.    Most of all you are only a sophmore.  Use this as a learning experience for future jobs.  You can decide  how you want to use what you have learned there.  You might want to use what you have learned to help you stear clear of similar companies in the future."}
{"_id": "569150", "title": "", "text": "The key word is 'After-Tax' money - you started with after-tax money, so you already paid taxes on it. Everything else is just moving it from freely available into ROTH, which locks it away a bit, but makes the interest tax-free."}
{"_id": "569157", "title": "", "text": "The regulatory environment here is the main driver. In Australia, where I spent 10 years developing software for lenders/banks you can operate the same way as described in the original question (overnight transfer to anyone) and cheques are not only never used, if you try, people will laugh at you. In Australia 4 banks control > 90% of the market, they realize that overnight transfers that involve them 0% is more efficient (read: costs less) for all of them.  This will change in the next 1 - 2 years in the US I believe however, as pressures from technologies like bitcoin and technology providers like dwolla and venmo start to get a foothold and broader visibility."}
{"_id": "569164", "title": "", "text": "There are only so many ways a penis can go into a vagina, and pretty much all of them on are on the internet for free now. The internet did have a lot to do with the downfall of porn, it's not nearly close to anything about struggling to find content people will pay for.  The problem they have is creating loyalty, which used to be relatively easy, but now is almost impossible because their content is freely available on a wide variety of sites (that you no longer have 18 million pop-up ads on or have to click through 20 loops). Without any loyalty whatsoever, they're losing the ability to make money, and their field is also getting populated with more employees than there is demand for (wages cut by up to 80%).  The prostitution industry itself is likely doing fine."}
{"_id": "569169", "title": "", "text": "\"And where does, say, Federal reserve, gets the money to buy those [2.5 trillions](https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124)?   As for \"\"inflationary pressure\"\" - we don't really know it. Those money circulate between various financial instruments  - so it is a very big question whether or not they spill out to affect consumer prices.\""}
{"_id": "569178", "title": "", "text": "Adobe Technical Support Canada provides customer service toll free phone number 1-844-888-3870 so that users can get in touch with them whenever necessary. So it is incredible means to getting in touch with expert technician to seek for all the support and care that users want for Adobe products."}
{"_id": "569179", "title": "", "text": "It is pretty simple to avoid risk in home ownership: Do those things and your risk of home ownership is about nil."}
{"_id": "569188", "title": "", "text": "I don't see the connection between the investment capital and the income you receive from it, and why one part should be free from taxation just because the other was taxed.   I mean with that logic everything I do with my after-tax money is hopefully providing me some form of anticipated benefit, so I guess I shouldn't have to pay taxes on any part of my income that i spend or put at risk... why is making a capital investment any different in this regard than paying for education, buying a tangible asset (like a home), buying food to keep me alive so i can continue to work, etc?   Basically, you're going to have to explain why that makes sense to you."}
{"_id": "569197", "title": "", "text": "Generic drugs are cheap and plentiful. Amazon doesn't have much space to depress those prices. Brand name drugs that are still under patent are where costs are high. Manufacturing lines cost millions per drug. Amazon does not have the resources for the millions of drugs to do so. They will not get into manufacturing. And biologics are anticipated to be 80% of the total dollars spent soon. No way to make those generic. Amazon won't be doing much more than a mail order pharmacy service. I highly doubt you will see unique services from this."}
{"_id": "569206", "title": "", "text": "\"I would let them get their hands dirty, learn by practicing. Below you can find a simple program to generate your own efficient frontier, just 29 lines' python. Depending on the age, adult could help in the activity but I would not make it too lecturing. With child-parent relationship, I would make it a challenge, no easy money anymore -- let-your-money work-for-you -attitude, create the efficient portfolio!  If there are many children, I would do a competition over years' time-span or make many small competitions. Winner is the one whose portfolio is closest to some efficient portfolio such as lowest-variance-portfolio, I have the code to calculate things like that but it is trivial so build on the code below. Because the efficient frontier is a good way to let participants to investigate different returns and risk between assets classes like stocks, bonds and money, I would make the thing more serious. The winner could get his/her designed portfolio (to keep it fair in your budget, you could limit choices to index funds starting with 1EUR investment or to ask bottle-price-participation-fee, bring me a bottle and you are in. No money issue.). Since they probably don't have much money, I would choose free software.  Have fun! Step-by-step instructions for your own Efficient Frontier Copy and run the Python script with $ python simple.py > .datSimple Plot the data with $ gnuplot -e \"\"set ylabel 'Return'; set xlabel 'Risk'; set terminal png; set output 'yourEffFrontier.png'; plot '.datSimple'\"\" or any spreadsheet program. Your first \"\"assets\"\" could well be low-risk candies and some easy-to-stale products like bananas -- but beware, notice the PS.  Simple Efficient-frontier generator P.s. do not stagnate with collectibles, such as candies and toys, and retailer products, such as mangos, because they are not really good \"\"investments\"\" per se, a bit more like speculation. The retailer gets a huge percentage, for further information consult Bogleheads.org like here about collectible items.\""}
{"_id": "569207", "title": "", "text": "\"&gt;We also have the highest expenditures as a percent of GDP than any other nation. Needless to say we spend a LOT on health care also.  That is in large part do to insane healthcare costs passed on to the consumers by the aca. Healthcare spending has increased on average 1.5% annually since 2009 where as the highest growth in spending from 1991 until 2006 was 1.3% (im willing to admit my research may be incomplete or inaccurate here as the available rescources are pretty limited in my short time researching)   &gt;we do have arguably the best health care services in the world... that is mostly only true if you are very wealthy.  Thats a dumb statement leftists make. There is no excuse to not put yourself in debt for the best healthcare possible. Idk about you but I'd rather be in a lot of debt getting first rate healthcare than get affordable care from a 2nd rate community college doctor. Did you also know that medical debt doesnt effect your credit score so even if you \"\"default\"\" on medical debts it doesnt effect any part of your life. so why wouldnt you go in debt and then slowly pay off that debt with no fear of negative repercussions for not paying?  &gt;When you break it down on results per dollar spent, the US doesn't even break the top 20. When you break it down on infant mortality, and life expectancy, we have been on a backward slide for a while now (although those rates improved for the short while that the ACA has been in effect, as have the net increase in costs). At the end of the day, the cost of health care has grown 3X faster than inflation, and 20X faster than the average income for over 30 years now. So, no, health care in this country is not the best to the average person.  I dont have health insurance and an ER visit with xrays costs me less out of pocket than 90% of the country why is that? Do you think it has to do with the fact that with the aca hospitals know they are getting paid with 0 questioning on pricing so charge whatever they want and with me they think \"\"shit this guy might not ever pay us lets just give him a decent price and get some money from him because all we can do is send his bill to collections\"\" you clearly dont know how the system works especially because you think its my responsibility to provide you with health insurance. You keep saying i need to travel and experience the world when all you need to do is go to google and look at what a wonderful job Switzerland does with their healthcare. The swiss do everything better, They have some of the best services in the world and a very affordable healthcare plan with many options that is affordable to the tax payers unlike the ACA. You have a very clear Scandinavian bias as im assuming you're a bernie supporter who loves democratic socialism despite all of its short comings.  &gt;And yes, Space X has been able to estimate a savings of $300M less... Commercial does a great job of expanding on the research and knowledge that has come from government sponsored R&amp;D. You see that in every modern technological advancement - from the internet, cellular phones, GPS, medical procedures, etc. There are so many modern inventions that have sprung from government patents and government research programs.  This is the dumbest statement youve made this entire time. The notion that inventions that were made on the governments dime (my dime) is somehow the product of the government is asinine at best. Youre operating under the assumption that these inventions wouldnt have been made without government funding which is false. They all would have been made on a smaller budget granted maybe a little bit further down the road but not by much considering technology has expanded (with no help from any government) more in the last 20 years than in the prior 200 because thats what technology does it makes life easier for everyone and almost innovates itself. Take apple for instance where is all the government funding they recieved to be one of the most innovative companies in human history or microsoft? Yiou can max 10 things government funding invented when i can walk into your house and point out 10000 things the government had no hand in at all.\""}
{"_id": "569210", "title": "", "text": "if you open spreadbetting accounts and prove to the inland revenue that trading profits are not your main income, you will not be liable for any tax on your gains.  Holding a property in the uk which is point of call for any held bank accounts needs to be verifiable though.  This is only an issue if accounts are larger than \u00a3400k. seems anything smaller doesnt get the sniffer dogs attention at the IR dept."}
{"_id": "569211", "title": "", "text": "A $100K house and $100K are not equivalent assets. Here's a hypothetical... You and I both work for the same company, and both get a $100K bonus (yes, I said it's hypothetical). You decide to use the $100K to pay off your house. I put the money in the bank. Six months later, our company lays both of us off. I have $100K in the bank. I can last for quite a while with that much money in the bank. You have a house, but you can't get a mortgage or home equity loan, because you don't have a job. The only way you can access the money is by selling the house, which requires you to pay money to a real estate agent and perhaps taxes, and leaves you looking for a place to live. That assumes there isn't something systemic going on - like the credit crash - and there is credit available for somebody else to buy your house."}
{"_id": "569215", "title": "", "text": "Well that was a good read.  It would be nice to see some other outlets cover it so that I could somewhat verify the validity of the story.    If it is true it more or less confirms what I suspected was going on."}
{"_id": "569224", "title": "", "text": "What most respondents are forgetting, is when a company allows its employees to purchase its shares at a discount with their salary, the employee is usually required to hold the stock for a number of years before they can sell them. The reason the company is allowing or promoting its employees to purchase its shares at a discount is to give the employees a sense of ownership of the company. Being a part owner in the company, the employee will want the company to succeed and will tend to be more productive. If employees were allowed to purchase the shares at a discount and sell them straight away, it would defeat this purpose. Your best option to decide whether or not to buy the shares is to work out if the investment is a good one as per any other investment you would undertake, i.e. determine how the company is currently performing and what its future prospects are likely to be. Regarding what percentage of pay to purchase the shares with, if you do decide to buy them, you need to work that out based on your current and future budgetary needs and your savings plan for the future."}
{"_id": "569240", "title": "", "text": "Keep in mind that you NEED to have a cash reserve.  Blindly applying all stray cash to debt reduction is a bad idea.  Your lenders do not care about your balance.  All they care about is your NEXT payment.  It is therefore imperative that you have a cash reserve that can carry these payments for several months.  Having zero cash reserves puts you at high risk for such simple things as the payroll clerk at work missing the monthly deposit (Rare, but it happens.) I've also been in situations where a major client had a cash flow issue and delayed payment, and our company had to borrow to meet payroll that month.  Fortunately, we were in good standing with the bank and had low debt, but it could have been catastrophic for any employees living paycheque to paycheque."}
{"_id": "569242", "title": "", "text": "If you are in search of the Best Skin Specialist In Mumbai then visit Cutispilus Clinic which offers the best skin treatment, Hair Treatment, Anti aging Treatment, Laser Hair Removal, Laser Tattoo Removal by the experienced Experts. To know more read the full blog or contact at: 9987076134 / 9820559393"}
{"_id": "569248", "title": "", "text": "I leveled my statement to ensure that you did not miss the call to get rid of net neutrality. I have no dog in the fight over perceived or real trusts or monopolies.  Essentially I was calling you out for your incorrect statement."}
{"_id": "569257", "title": "", "text": "You can open an account with HSBC and use InvestDirect - their online share trading service - to trade LSE-traded shares. https://investments.hsbc.co.uk/product/9/sharedealing"}
{"_id": "569268", "title": "", "text": "When it comes to construction, time and cost can often get out of hand. Building steel structures have become relatively easy thanks to the new technology that allows making of prefabricated steel building. In other words, you steel contraction will be built offsite and delivered to you in parts, which you can easily erect at your site."}
{"_id": "569283", "title": "", "text": "Information is useless in this case.  IR is useful when you are trying to replicate the risk exposures of an index and beat it. I.E.If I am a tech fund, I would compare myself to the tech S&amp;P.  IR is useless in this case as it is just the ratio of excess returns over the benchmark to vol.  From a trading sense he needs a rate of wins to losses, so a sharpe like construct of R/SemiDeviation. Essentially his avg return divided by negative volatility.  Going further on that is omega which introduces a threshold as in trading you care more about the equity curve so MAXDD is probably more relevant."}
{"_id": "569291", "title": "", "text": "Since you say you are a student, perhaps you should look carefully at the requirements for contributing to an IRA, whether Traditional or Roth. Unless Congress changed the law recently, one has to have earned income to contribute to an IRA.  So if you were a teaching or research asssistant receiving W-2 wages while completing your Master's degree, you are eligible, but if you had a fellowship you are not eligible (unless you had other income, whether W-2 wages or self-employment income reported on Schedule C).  The amount that one can contribute is the smaller of your earned income and $5000 ($6000 for 50 and older people)."}
{"_id": "569297", "title": "", "text": "Your prior earnings have absolutely no bearing on the taxes due on 401k disbursements.  Your 401k disbursements are considered income in the tax year in which they are received; whether or not you earn or otherwise acquire additional income.  There's no telling what tax brackets and rates will look like that far in the future.  But, if your total income including your 401k disbursements is $200,000 you'll likely owe more taxes than if your total was $30,000 including disbursements. I will say though, if you could choose to make $200,000 per year or $30,000 per year with all other factors being equal you choose $200,000 every time.  Even if you pay more in taxes, you will have more net income. Now, some pension plans will take in to account either your last year's income, or an average of some number of years income in determining your benefit amount.  That's a whole different discussion and will be specific to your pension plan."}
{"_id": "569298", "title": "", "text": "In investment and corporate banking, Analyst is a catch-all term for entry level positions. They are expected to be proficient in Excel and financial markets/modeling, but not necessarily programming unless it's a Quant role. Specifics are different for every group but the common factor is time at the office. They work at least 60 hours a week.  In my experience the only certification that matters to employers is CFA and it's an intense multi-year commitment. But passing the Level 1 exam would look good on a resume.  Analyst can mean different things in research or corporate finance, but I don't have much experience there."}
{"_id": "569303", "title": "", "text": "I see another way of looking at this that hasn't been addressed yet. By offering the discount, the company is attempting to change your behavior into doing something irrational, that benefits them at your expense. The company hopes for one (or more) of the following psychological effects to happen to you: The proper thing to do, if you have enough capital to prevent margin calls, it to short-sell the stock at the same instant the price is set, thus locking in the profit. Eventually you can take possession of the shares and deliver them to offset the short -- hopefully before you get a margin call from the stock dropping."}
{"_id": "569342", "title": "", "text": "\"You can have as many IRA accounts as you want (whether Roth or Traditional), so you can have a Roth IRA with American Funds and another Roth IRA with Vanguard if you like. One disadvantage of  having too many IRA accounts with small balances in each is that most custodians  (including Vanguard) charge an annual fee for maintaining IRA accounts with small balances but waive the fee if the balance is large. So it is best to keep your Roth IRA in just one or two funds with just one or two custodians until such time as investment returns plus additional contributions made over the years makes the balances large enough to diversify further. Remember also that you cannot contribute the maximum to each IRA; the sum total of all your IRA contributions (doesn't matter whether to Roth or to Traditional IRAs) for any year must satisfy the limit for that year. You can move money from one IRA of yours to another IRA (of the same type) of yours without any tax issues to worry about. Such movements (called rollovers or transfers) are  not contributions and do not count towards the annual contribution limit. The easiest way to do move money from one IRA account to another IRA account is by a trustee-to-trustee transfer where the money goes directly from one custodian (American Funds in this case) to the other custodian (Vanguard in this case). The easiest way of accomplishing this is to call Vanguard or go online on their website, tell them that you are wanting to  establish a Roth IRA with them, and that you want to fund it by transferring money held in a Roth IRA with American Funds. Give Vanguard the account  number of your existing American Funds IRA, tell them how much  you want to transfer over -- $1000 or $20,000 or the entire balance as the case may be -- and tell Vanguard to go get the money.  In a few days' time, the money will appear in your new Vanguard Roth IRA and the American Funds Roth IRA will have a smaller balance, possibly a zero balance, or might even be closed if you told Vanguard to collect the entire balance.  DO NOT approach American Funds and tell them that you want to transfer money to a new Roth IRA with Vanguard: they will bitch and moan and drag their heels about doing so because  they are unhappy to lose your business, and will probably screw up the transfer. Talk to Vanguard only. They are eager to get their hands on your IRA money and will gladly take care of the whole thing for you at no charge to you. DO NOT cash in any stock shares, or mutual fund shares, or whatever is in your Roth IRA in preparation for \"\"cashing out of the old account\"\". There is a method where you take a \"\"rollover distribution\"\" from your American Funds Roth IRA and then deposit the money into your new Vanguard Roth IRA within 60 days, but I recommend most strongly against using this because too many people manage to screw it up. It is 60 days, not two months; the clock starts from the day American Funds cuts your check, not when you get the check, and it is stopped when the money gets deposited into your new account, not the day you mailed the check to Vanguard or the day that Vanguard received it,  and so on. In short, DO NOT try this at home:  stick to a trustee-to-trustee transfer and avoid the hassles.\""}
{"_id": "569345", "title": "", "text": "To be fair, customers didn't really have much of a choice in all of this.  The stores looked like you'd expect a week after an impeding apocalypses had been announced; the shelves were almost completely empty, for weeks.    Can you really call it a boycott when there is nothing to actually buy?  I think the employees deserve the credit here."}
{"_id": "569357", "title": "", "text": "I think the measurements are made at 55mph.   However, it's more complicated than that. 220 miles is an average range.  You might get 280 miles in summer, and 170 in winter.   Going 75 will take a few more miles off the range compared to 55, but not all that much difference."}
{"_id": "569366", "title": "", "text": "Your son can gift you unlimited amount of money. It does not fall under income tax. It falls under gift tax. As per gift tax there is no tax for you. Any interest you earn on this is taxable to you. Your son transferred into savings account... if your son is NRI he can't hold savings account. Ask him to open a NRE account and convert savings account to NRO account."}
{"_id": "569369", "title": "", "text": "\"And I honestly would geniunely wish you congrats for finding such a job.  Your value as a worker varies drastically by company, sector and location. Different companies will have very different market value data.  For what it's worth, I lose candidates to counter offers like this from competitors all the time. We aren't an evil company simply because we can't pay you what our competitors can. My original point about applying for \"\"that damn job\"\" is to encourage those hesitant about applying to jobs that seem outside of their skill reach.\""}
{"_id": "569377", "title": "", "text": "\"**Fact: Tillerson denied he ever said \"\"Moron\"\"- fake news again from MSM.**  So, Trump is playing chess with MSM and makes a joke saying if Tillerson said that, we'll have to compare IQ.  And as expected: fake-new MSM \"\"complain\"\" about this and enough fake-news believers fall for all of this, like the OP.\""}
{"_id": "569387", "title": "", "text": "What is the best way to learn SQL for use in finance, namely FP&amp;A? I've watched videos on YouTube but most of them focus on syntax. I do know that SQL is used in some type of DBMS like IBM / Oracle / Microsoft Excel. So, when job applications list SQL experience (like for FP&amp;A Analyst positions), what DBMS are they referring to? Oracle? Microsoft Excel? Does it matter? If I learn the syntax, is that enough?   I have searched for resources but again, they seem to be focusing on the syntax.  https://www.reddit.com/r/SQL/wiki/index   Can someone who works in FP&amp;A please explain or recommend a MOOC or other sources that will show me how to use SQL just like you do on the job?    Thanks."}
{"_id": "569409", "title": "", "text": "\"Chris, this is an arbitrage question with a twist: you cannot treat the location you want to live objectively. For example, why not SoCal instead of Texas? Yes, SoCal's expensive but what if you account for the weather? This question is very interesting for me personally: something I am going to focus on myself, soon, as well. To the question at hand: it's very hard to get a close estimate of the price from a single source, say, a website. The cost of a house is always negotiable and there's no sticker price, and there begins your problems. However, there are some publicly available information which websites aggregate, see: http://www.city-data.com/ Also, some heuristics might help: Rent is at-least as expensive as the monthly mortgage, (property) taxes, HOA fees, etc. Smart people have told me this, and this also makes sense to me as the landlord is in this business to make some money after all. However, there are also other hidden costs of home ownership that I am not aware of in details (and which I craftily sidestepped in my \"\"etc\"\" above) that could put a rental to be \"\"cheaper\"\". One example that comes to mind is you as a tenant get to complain if the washer-dryer misbehaves and demand the landlord get you a new one (see how you wouldn't make a sound were you to own it however) Such a website to gauge rentals: http://www.rentometer.com/ Houses cost more where the median income is more. Again, you cannot be objective about this because smart people like to live around smart people (and pay for the privilege). Turn again to http://www.city-data.com/ to get this information Better weather is more expensive than not so good weather. In the article you linked, notice the ratio of homes in California. Yes, I know of people who sold off their family ranches in Vancouver and Seattle to buy homes in Orange Country. In short, there is a lot of information you would have to gather from multiple sources, and even then never be sure that you did your best! This also includes arbitrage, as you would like to \"\"come out ahead\"\" and while you are doing your research (and paying your rent), you want to invest your \"\"savings\"\" in instruments where you earn more than what you would have saved in a mortgage, etc. I would very much like to be refuted on every point and my answer be edited and \"\"made better\"\" as I need the same answers as you do :-D Feel free to comment, edit your question etc and I will act on feedback and help both of us (and future readers) out!\""}
{"_id": "569415", "title": "", "text": "I'm pretty sure, especially if he works for a bank, he wouldn't be allowed to give you that kind of thing. I know at Citi, where I work, you can't but we have a reputation of being real anal about this stuff. Makes sense if you know everything that goes on :)"}
{"_id": "569421", "title": "", "text": "When I have had background/credit checks, I have had to fill out a form first.  You may be able to attach your proof that the debts are paid to your form.    I had a friend that bombed his background check because his birth certificate and passport didn't have matching names (two variations on the same name, but it spooked the securitiy company).  He had a chance to contest the finding and was still hired."}
{"_id": "569432", "title": "", "text": "&gt; Mr. Anthony quit last February, upset that Express had given him an annual raise of just 25 cents an hour. He now works at a Zara apparel store on Fifth Avenue, which, he said, gives him 30 hours a week and does more to accommodate his scheduling needs.  So, instead of bitching and moaning, he went and found a better job.  What a radical concept.  If you allow yourself to be used, you only have yourself to blame."}
{"_id": "569455", "title": "", "text": "Work on your own site is certainly not relevant here, that's just a part of your trade, not a service you provided to yourself. The business received the benefit of that work, not you. Suppose your business sold televisions. If you took a TV from stock for your own lounge, that would be included in this box because you have effectively paid yourself with a TV rather than cash. If you take a TV from stock to use as a demo model, that's part of your trade and not goods you have taken out of the business for your own use. For services provided to your dad it's less clear. As Skaty said, it depends whether it's your business providing the service, or you personally. If you gave your dad a free TV then it would be clear that you have effectively paid yourself with another TV and then given it to your dad as a gift. With services it's less clear whether you're receiving services from the business for free. You might consider how it would be treated by your employer if you weren't self-employed. If you were just applying your skills to help your dad in your free time, your employer wouldn't care. If you used your employer's equipment or facilities, or hosted his site on a server that your employer pays for, your employer would be more likely to discipline you for effectively stealing services from them, as they would if you took a TV from their warehouse for him."}
{"_id": "569457", "title": "", "text": "I agree with you and I think it's more of a regulation thing. Hotels pay immense taxes and are subject to inspections. I don't think the issue is with people renting out their homes but with people buying homes to rent them out without being regulated or paying the same fees a hotel would when they're essentially running a hotel business. That being said, I think AirBnB is much better than staying in hotels and I don't wish nor think it'll go away anytime soon and I've never personally had a bad experience when staying in one."}
{"_id": "569461", "title": "", "text": "If the charity accepts stock, you can avoid the tax on the long term cap gain when you donate it. e.g. I donate $10,000 in value of Apple. I write off $10,000 on my taxes, and benefit with a $2500 refund. If I sold it, I'd have nearly a $1500 tax bill (bought long enough ago, the basis is sub $100).  Any trading along the way, and it's on you. Gains long or short are taxed on you. It's only the final donation that matters here.  Edit - to address Anthony's comment on other answer - I sell my Apple, with a near $10,000 gain (it's really just $9900) and I am taxed $1500. Now I have $8500 cash I donate and get $2125 back in a tax refund. By donating the stock I am ahead nearly $375, and the charity, $1500."}
{"_id": "569470", "title": "", "text": "\"From the article:  Tesla reported earlier in October that it produced just 220 Model 3s in the third quarter, well below Wall Street expectations of 1,260 according to FactSet.   Tesla attributed the miss to \"\"production bottlenecks\"\" and told investors that \"\"there are no fundamental issues with the Model 3 production or supply chain,\"\" in a statement.\""}
{"_id": "569473", "title": "", "text": "Smart. Add in daily necessities like toothpaste, disposable razors and toilet paper and you've got Walmart and Costco by the balls.   Most people are spending their money on consumables and are much more conservative these days. If I were them I'd stick to food and the daily needs and not even bother with clothing and furniture and such. Keep it simple I think. In and out."}
{"_id": "569484", "title": "", "text": "\"I would split the savings as you may need some of it quickly for an emergency. At least 1/2 should be very liquid, such as cash or MMA/Checking.  From there, look at longer term CDs, from 30 day to 180 day, depending upon your situation.  Don't be surprised if by the time you've saved the money up, your desire for the car will have waned.  How many years will it take to save up enough?  2? 5? 10?  You may want to review your current work position instead, so you'll make more and hopefully save more towards what you do want. Important: Be prepared for the speed bumps of life. My landlord sold the house I was renting out from under me, as I was on a month-to-month contract.  I had to have a full second deposit at the ready to put down when renting elsewhere, as well as the moving expenses. Luckily, I had done what my tax attorney had said, which is \"\"Create a cushion of liquid assets which can cover at least three months of your entire outgoing expenses.\"\"   The Mormon philosophy is to carry at least one year's worth of supplies (food, water, materials) at all times in your home, for any contingency. Not Mormon, not religious, but willing to listen to others' opinions. As always, YMMV.  Your Mileage May Vary.\""}
{"_id": "569485", "title": "", "text": "Alright you seem like a pleasant guy. I'm going to continue here the conversation here if you don't mind. Referencing back to what you said about Kodak, one of my business professors was in middle management with them in the 90's. He cited the monolithic culture and adherence to chemical photo processing as the main reasons for their downfall. They refused to embrace the future DESPITE having developed digital camera technology ahead of the rest of the curve. In fact, they suppressed it, for fear of sowing the seeds of their own demise. Why Kodak has closed up shop has nothing to do with China and everything to do with themselves.   The few places that still do chemical photo processing are countable and shrinking. It seems your anger is misplaced."}
{"_id": "569487", "title": "", "text": "\"&gt;JK. I have a job in engineering.  I was writing sarcastically as well (I didn't really think YOU were a barista).  But doubtless there ARE many PhD barista's out there (and, regardless of whether there doctoral degrees is *really* in \"\"underwater basket weaving\"\" or some other nonsensical inanity is pretty irrelevant and nonspecific, Lord knows there are plenty of worthless degrees being bought with dear effort {and huge debt-loads}, I know several people who were just so \"\"suckered\"\" by the academic scam).  &gt;Interesting article on the machinery. I can't count how many times I've had my coffee burned by those blasted humans.  Well, as I have advised several young people, just about every fad/fashion \"\"service\"\" job out there CAN (and inevitably will) be either automated, or is such a low-paying job that it isn't *worth* automating.   Instead I tell them to do their best to apprentice, train, or get schooling in some trade or profession that CANNOT be easily outsourced (plumbing, electrical work, etc); or which cannot easily be automated (dealing with mechanical things that require \"\"brain-power\"\" to diagnose, perfect, etc).  The other option of course -- is getting into some aspect of the \"\"death &amp; dying\"\" industry -- nursing homes, rehab hospitals, and of course funerals and such are going to be \"\"booming\"\" as the Baby Boomers age &amp; begin dying in the coming decade to three decades (and along a *very* predictable statistical/actuarial curve, give or take a year or two at most {probably take, as it appears Boomers are actually statistically LESS healthy than previous \"\"silent generation\"\" retirees}).\""}
{"_id": "569490", "title": "", "text": "&gt; K-12 teachers never make six figure sums.  In the U.S. that seems true. I found [this from 2012](http://money.usnews.com/careers/best-jobs/high-school-teacher/salary) that puts the median high-school teacher's salary at $55,050, with the top ten percent making about $85k.  (By the way, this [OECD chart from 2013](http://educationbythenumbers.org/content/us-teachers-6th-highest-paid-world_982/) shows that the U.S. ranks 6th in the world in pay for primary-school teachers. I was surprised when I found this out.)  &gt; Professors in universities sometimes do, but for every professor that makes a lot of money there are probably dozens of untenured faculty who are barely making enough to feed themselves and put gas in their cars.  You may be interested in [this chart from 2011](http://chronicle.com/article/Average-Faculty-Salaries-by/126586/) that gives salaries for professors, associate professors, assistant professors, new assistant professors, and instructors--all broken down by field. The data are only for four-year colleges and universities, though; that excludes community colleges, but I'm not sure whether it includes business schools, medical schools, or other graduate institutions. Not surprisingly, law and engineering are the most lucrative fields.  &gt; The real reason the big corporate interests want to privatize US education is to use all those jobs as bargaining chips in globalization.  Interesting. Can you explain how this is intended to work? And if it would make sense for American corporations to do this, would it make sense for corporations from other countries to do it too? Are they doing it? I don't know anything about GATS or TiSA.  Edit: grammar"}
{"_id": "569523", "title": "", "text": "\"What if there were no mortgage, and you gave the friend the house? They are getting the house' value. In your case the discount from market value is their instant profit. We often think of our house in terms of the equity we have, plus the mortgage. Equity therefore is what's left after the mortgage is paid off, if you sell the house. In your question, you are, in effect, \"\"giving all equity to your friend.  Where else would you imagine it goes?\""}
{"_id": "569528", "title": "", "text": "Savings accounts with 8% APY? Unheard of these days. You're lucky if you find one at 1%. You should use checking and savings accounts only to hold an emergency fund (6 to 12 months of living expenses), or money that you will need in 2 years or so. The rest, invest in stocks and bonds."}
{"_id": "569530", "title": "", "text": "Stumbled upon this question, I've found the updated dates for 2016 and 2017 in a more permanent location. https://www.nyse.com/markets/hours-calendars"}
{"_id": "569533", "title": "", "text": "I read this sub a lot. Some articles are good others are trash. The comments are a mixed bunch. Some people really have insight, others have a screw lose. I don't know if that's because it's /r/economy or just reddit. Either way it is weird that no one is posting in this weekly thread."}
{"_id": "569536", "title": "", "text": "While littleadv's answer is true for many exchanges (in particular the stock market, it's called FIFO matching) you should also know that some markets trade pro rata.  That is, for a match at some price level everyone at that level gets a chunk of the deal proportional to their input (i.e. order size). E.g. match for quantity X at a price level and passive side orders y1, y2; the order y1 would get y1 / (y1 + y2) of X and y2 would get y2 / (y1 + y2)  (for X = min(X, y1 + y2))."}
{"_id": "569539", "title": "", "text": "Yes your basic math is correct. If your tax bracket never changes, then either type of retirement account will end up in the same place. Assuming that there are no income restrictions that will limit your ability to contribute to the type of account you want. Now your job is to guess what your tax bracket will be each and every year for the next 3 or 4 decades. Events that will influence your bracket: getting married; having children; buying a house; selling a house; paying for college; the cost of medical care; moving to a state with a different state tax structure. Of course that assumes that you don't get a big bonus one year or that congress changes the tax brackets. That is why many people have both types of retirement accounts: Roth and non-Roth."}
{"_id": "569565", "title": "", "text": "\"I thought the other answers had some good aspect but also some things that might not be completely correct, so I'll take a shot. As noted by others, there are three different types of entities in your question:  The ETF SPY, the index SPX, and options contracts. First, let's deal with the options contracts.  You can buy options on the ETF SPY or marked to the index SPX.  Either way, options are about the price of the ETF / index at some future date, so the local min and max of the \"\"underlying\"\" symbol generally will not coincide with the min and max of the options.  Of course, the closer the expiration date on the option, the more closely the option price tracks its underlying directly.  Beyond the difference in how they are priced, the options market has different liquidity, and so it may not be able to track quick moves in the underlying. (Although there's a reasonably robust market for option on SPY and SPX specifically.) Second, let's ask what forces really make SPY and SPX move together as much as they do.  It's one thing to say \"\"SPY is tied to SPX,\"\" but how?  There are several answers to this, but I'll argue that the most important factor is that there's a notion of \"\"authorized participants\"\" who are players in the market who can \"\"create\"\" shares of SPY at will.  They do this by accumulating stock in the constituent companies and turning them into the market maker.  There's also the corresponding notion of \"\"redemption\"\" by which an authorized participant will turn in a share of SPY to get stock in the constituent companies. (See http://www.spdrsmobile.com/content/how-etfs-are-created-and-redeemed and http://www.etf.com/etf-education-center/7540-what-is-the-etf-creationredemption-mechanism.html) Meanwhile, SPX is just computed from the prices of the constituent companies, so it's got no market forces directly on it.  It just reflects what the prices of the companies in the index are doing. (Of course those companies are subject to market forces.) Key point: Creation / redemption is the real driver for keeping the price aligned.  If it gets too far out of line, then it creates an arbitrage opportunity for an authorized participant.  If the price of SPY gets \"\"too high\"\" compared to SPX (and therefore the constituent stocks), an authorized participant can simultaneously sell short SPY shares and buy the constituent companies' stocks.  They can then use the redemption process to close their position at no risk.  And vice versa if SPY gets \"\"too low.\"\" Now that we understand why they move together, why don't they move together perfectly.  To some extent information about fees, slight differences in composition between SPY and SPX over time, etc. do play.  The bigger reasons are probably that (a) there are not a lot of authorized participants, (b) there are a relatively large number of companies represented in SPY, so there's some actual cost and risk involved in trying to quickly buy/sell the full set to capture the theoretical arbitrage that I described, and (c) redemption / creation units only come in pretty big blocks, which complicates the issues under point b. You asked about dividends, so let me comment briefly on that too.  The dividend on SPY is (more or less) passing on the dividends from the constituent companies. (I think - not completely sure - that the market maker deducts its fees from this cash, so it's not a direct pass through.)  But each company pays on its own schedule and SPY does not make a payment every time, so it's holding a corresponding amount of cash between its dividend payments.  This is factored into the price through the creation / redemption process.  I don't know how big of a factor it is though.\""}
{"_id": "569574", "title": "", "text": "\"&gt;So a minimum wage increase of 10% will lead to a decrease in employment of somewhere between 0.5% and 2%.  This study claims a 30% minimum wage hike caused a decrease of employment of about 0.7%, which is less then your \"\"broad concensus\"\". And this is the best argument for that effect, and other studies found less effect?\""}
{"_id": "569588", "title": "", "text": "Cosigning on a loan. More broadly any exchange of value between family members or friends. Despite good intentions, these often go awry."}
{"_id": "569590", "title": "", "text": "\"Ah, I thought Boise was in the path, but it's too far south.  Most of the \"\"out of the way\"\" places that are in totality are should be treating this like a natural disaster dry run.    No real harm to life or property (in theory), but all the logistics of  dealing with 2-10x more people than you normally have.\""}
{"_id": "569596", "title": "", "text": "what intelligence? so now i can't do what you're doing without you being a bitch about it? what, you don't like it when someone completely misses the point of what you're saying because they'd rather jerk themselves off while pretending to be on point?"}
{"_id": "569605", "title": "", "text": "\"Here's a [quick video](https://www.youtube.com/watch?v=jTYkdEU_B4o) of police and courts in a private market.  If you're intrigued, I'll link you to a longer, more detailed explanation.  Also there are two short essays called \"\"Chaos Theory\"\" than you can get for free on Mises.org that explains this plus national defense without government or taxes.\""}
{"_id": "569627", "title": "", "text": "Volumes are used to predict momentum of movement, not the direction of it. Large trading volumes generally tend to create a price breakout in either positive or negative direction. Especially in relatively illiquid stocks (like small caps), sudden volume surges can create sharp price fluctuations."}
{"_id": "569628", "title": "", "text": "\"You are doing Great! But you might want to read a couple of books and do some studying on budgeting and personal finance - education yourself now and you will avoid pain in the future. I learned a lot from reading Dave Ramsey's Total Money Makeover, and I have found some great advice from the simple budgeting guidelines on LearnVest. Budget in these three categories with these percentages, You may find that your \"\"essentials\"\" lower than 50%, because you are sharing room and utilities. You want to put as much into \"\"financial\"\" as you can for the first 1-2 years, to reduce (or eliminate) your student loan debt. Many folks will recommend you save six months (salary/expenses) for emergencies and unexpected situations. But understand that you are in debt now, and you have a unique opportunity to pay off your debt before your living expenses creep up (as they so often do). Since you are a contractor, put aside 2 months expenses (twice what I would normally advise), and then attack paying off your debts with passion. Since you have a mix of student loans, focus on paying them off by picking one at a time, paying the minimum against the others while you pay off the one you picked, then proceed to the next. Dave Ramsey advises a Debt Snowball, paying the smallest one first (psychological advantage, early wins), while others advise paying the highest interest off first. Since you have over $2400/month available to pay down debt, you could plan on reducing your student loan debt substantially in a year.  But avoid accumulating other debt along the way. Save for larger purchases. Your bedroom purchase may have been premature, but you needed some basics. But check your contract. Since many 0% furniture loan deals retroactively charge interest if you don't pay them off in full - you might want to make regular payments, and pay the debt off a month early (avoid any 'gotcha's). You might want to open a retirement account - many folks recommend a Roth account for folks your age - it is after tax, but you don't pay tax when you withdraw money. Roth is better when you have lots of deductions (think mortgage, kids). But some retirement account would be great to get started. Open a credit union account (if you can), that will make getting a credit card or personal loan (installment) easier. You want to build a credit file, but you don't want credit card debt (seems contradictory), so opening 2 credit cards over the next year will help your credit. You want a good credit mix (student loans, revolving, installment, and mortgage - wait on that one).\""}
{"_id": "569630", "title": "", "text": "&gt; He generally is; but he doesn't have to be.  A bee can live outside of the hive.  If I destroy the hive, the bee survives.  &gt; severely limited and constrained us.  Fantasy.    Name me one accomplishment that man, on his own, can do that would surpass what man, together, have done."}
{"_id": "569632", "title": "", "text": "Are you willing to risk the possibility of investing to prepare for these things and losing money or simply getting meager returns if those crises don't happen? Just invest in a well diversified portfolio both geographically and across multiple sectors and you should be fine."}
{"_id": "569633", "title": "", "text": "\"We can also all sit back and bitch about how there are no jobs!  No one is willing to pay for services anymore because everything is  \"\"free\"\"on the internet.  You have billions of dollars flowing to startups with &lt;100 employees.  Monetizing the internet outside of advertising would be a boon to the economy and jobs....people just can't see it.  If everyone paid for things, you know like pre-internet...we would probably have better quality stuff.  For example, News has suffered...laying off all the real journalists. Google would be forced to actually compete with companies vs. Giving everything away free.  That creates employment opportunities for other startups to compete in a fair environment vs. Trying to acquire millions of users on no revenue.\""}
{"_id": "569642", "title": "", "text": "Hi I am assuming you are doing this in the US?  I run a social media / content marketing agency in the UK,  Some of our very first clients were real estate agents, the idea we had was to market properties through Facebook using interior and exterior video shots to commercial music,  This took off with some estate agents and not so much with others,  My biggest piece of advice find a chain and start there that way you will get a hell of a lot of recognition by the smaller firms,  You need to find a realistic price point for your clients that is measurable on the ROI and ultimately pays for your lifestyle. I started at \u00a3200 which is $257 dollars - arguably very underpriced but it gave me the opportunity to work with a cluster of people,  I even went to the extreme of offering free work so I could get work for the portfolio!  In terms of who to contact and how to find them.. enter Linkedin.com your new best friend - connect with real estate developers, buyers, owners you name it then informally introduce yourself and ask when they are free for a coffee. Post an article about why video and drone footage is the next big thing for real estate, don't be afraid to ask for the business at the end of the day you are providing cold hard value.  I've always tried to get retainer deals with clients in the real estate sector but to achieve this you have to talk to the big boys and not independent firms. I could be wrong though I haven't done business with a lot of people in the states so definitely something to keep in mind.  A good lot of this business idea is trial and error but I agree with it 100% just go and do basically,  Hope this helps - I am happy to show you some of my work if you want to shoot me over a private message!"}
{"_id": "569645", "title": "", "text": "I agree with your strategy of using a conservative estimate to overpay taxes and get a refund next year. As a self-employed individual you are responsible for paying self-employment tax (which means paying Social Security and Medicare tax for yourself as both: employee and an employer.) Current Social Security Rate is 6.2% and Medicare is 1.45%, so your Self-employment tax is 15.3% (7.65%X2) Assuming you are single, your effective tax rate will be over 10% (portion of your income under $ 9,075), but less than 15% ($9,075-$36,900), so to adopt a conservative approach, let's use the 15% number.  Given Self-employment and Federal Income tax rate estimates, very conservative approach, your estimated tax can be 30% (Self-employment tax plus income tax) Should you expect much higher compensation, you might move to the 25% tax bracket and adjust this amount to 40%."}
{"_id": "569651", "title": "", "text": "Traditional and Roth 401k share a contribution limit of $16.5k. This means you could actually contribute to both if you wished to (say, if you weren't 100% on how taxes will change come retirement time), but the combined contributions for the year cannot exceed that limit."}
{"_id": "569658", "title": "", "text": "Tell me about it. Looking for housing here when you're not one of those lucky millionaires sucks big time. For $2000 a month you can get a 950 square foot condo with two bedrooms and two bathrooms. What a deal!"}
{"_id": "569659", "title": "", "text": "\"&gt; The bottom line is that everyone would not mind to enter a PIN to get the transaction through, but a stupid ego trip of the credit card companies who don't want to be \"\"like ATMs\"\". That's it.  I mind. If a crook standing behind me in line seems me enter my pin he might then try to mug me for my card outside the store.  If he sees me sign my name he's less likely to do that. This is obvious.  &gt; That's true... if the amount is over $25. Did you notice it? Actually, at Costco is over $50.  That is a relatively new policy a specific few merchants.  &gt; so I just put couple of lines...  That's got less to do with the screen being unable to comprehend your signature, it could d that if they wanted it to, and the fact that many people have terrible signatures. Look at doctors for example.\""}
{"_id": "569691", "title": "", "text": "\"Interest rates are at a record low and the government is printing money. You can get a fixed rate loan at a rate equal to inflation in a healthy economy. Unless you know that you are moving in < 5 years, why would you expose yourself to interest rate risk when rates are about as close to zero as they can be? If your thought with respect to mitigating interest rate risk is: \"\"What's the big deal, I'll just refinance!\"\", think again, because in a market where rates are climbing, you may not be able to affordably refinance at the LTV that you'll have in 5-7 years.  From 1974-1991, 30 year mortgages never fell below 9%, and were over 12% from 1979 to 1985. Think about what those kinds of rates -- which reduce a new homeowner's buying power by over 40%, would do to your homes value.\""}
{"_id": "569709", "title": "", "text": "I've lived in a few shared houses in my time. One house had one unemployed guy, two students, and two of us earning very little. We had individual rental agreements with the landlord, so if one of us missed a few payments they'd be liable for eviction without affecting the others. To be honest I've not heard of this arrangement elsewhere. Every other rental agreement I had we signed a joint contract. I've had to pay housemates bills a couple of times to avoid a judgement against us and it was a pain getting my money back and strained our friendship. I'm still owed a few hundred that I'll never see again. In general if you can't trust your housemates to pay their bills you're probably better off looking for somewhere else to live."}
{"_id": "569718", "title": "", "text": "Thank you, I was thinking the same way. A lot of women who are in a relationship and with children want to contribute financially, feel like they are accomplishing something and be successful (in the career sense) but still have their main role as house/child care. These schemes prey and focus on this and how easy it is to do from home/in your own time. It is something that a lot of people wish were true and get sucked in by."}
{"_id": "569719", "title": "", "text": "\"More silly \"\"experiments\"\"  For the 100000th time:  Giving free money to any subset of the population will increase wealth relative to the portion of the population that didn't receive free money. Ergo, the experiment will appear to work for that subset.  Likewise, giving free money to the *entire* population does not increase wealth relative to any other group in the population and will therefore not work.  What have we learned? The uncomfortable and utterly obvious truth: That wealth is forever and always a measure of inequality and not a metric. The number is irrelevant.   Down vote if this fact contradicts your philosophy and/or makes you feel bad. Or if you think basic income is a new idea,\""}
{"_id": "569720", "title": "", "text": "\"When trying to understand accounting, it's always helpful to reference the balance sheet identity, thus , and debits and credits must balance. In this case, one would So that \"\"Cash\"\" is subtracted (credited) from assets, and \"\"Loans to family members\"\" is added (debited) to assets. The income identity is treated differently as So, unless if the \"\"Cash\"\" and \"\"Loans to family members\"\" did not start imbalanced, there was no revenue or expense.  A revenue will be any interest paid.  The expenses will be any costs related to loaning the money such as drafting a contract or any amount defaulted. Assets are not liabilities A liability on the balance sheet is a liability owed by the entity measured, such as a person or a company. The family members in this case are the borrowers, so they are the ones who must increase their liability accounts like so: The lender to family members would not increase liabilities in this case because the lender is not borrowing from the borrower. Debits, credits, and the balance sheet Debits & credits must be equal, or an identity is violated. Debits add to assets and subtract from liabilities (and equity) while credits subtract from assets and add to liabilities (and equity). If a lender were to try to simultaneously subtract cash from assets and add loans to liabilities to book a loan, the operation would look like this This would cause an immediate imbalance because there are no offsetting debits, but more importantly, crediting Loans to family members as a liability would actually mean that the lender owes Loans to family members.\""}
{"_id": "569738", "title": "", "text": "You could easily move to Nashville TN. Enough jobs, low cost of living and high median wages. But no you insist on living in all of these trendy places and complain life is so hard and expensive.   You americans really don't understand how fucking entitled you are. If you have ever endured poverty you'd understand what I'm talking about. But you insist that a life without traveling and smartphones is miserable.   You americans are nothing but a bunch of privileged pigs. The sooner the likes like you die off the better. America should be in the hands of those willing to work and look for opportunities, not for those waiting to get them handed."}
{"_id": "569812", "title": "", "text": "I'm trying to organize my financial papers as well.  I have a Fujitsu ScanSnap and it's tearing through my papers like a hot knife through butter (i.e. awesome). Here's how I'm addressing organizing the paper. I'm organizing mine a little bit organically.  Here are the main parts: So anyway, all that to say that it's not necessary to organize the files to the hilt.  If you want to, that's fine too, but it's a tradeoff:  up-front organization for possibly some time savings later.  The search function available is decreasing the advantage of organizing your files carefully.  If throwing all of your files in a digital pile makes your skin crawl, then I won't force you otherwise, but I'm not worried about it for the time being. What you're doing with the other tracking sounds fine to me.  Others may have different insights there."}
{"_id": "569814", "title": "", "text": "I found out about Louis from the internet, I previously had only watched his stand-up on the internet, and then I bought one show for 5$.  I also used to watch Derrick comedy (online only) and would buy a similar download from Donald Glover if he offered one.  This model is EXACTLY what people need, since it will lead to a hell of a lot more middle-class artists selling directly to small portions of the public with very little over-head."}
{"_id": "569829", "title": "", "text": "That's an interesting observation. Do you have any examples?   I wonder if this topic has been research: is it better to spend cash up-front to kill a threat than to concede some market share and earn less for longer in the future? Surely, the target company knows they are a strategic asset, and won't sell themselves cheap."}
{"_id": "569834", "title": "", "text": "\"To expand a bit on @MSalters's answer ... When I read your question title I assumed that by \"\"retirement funds\"\" you meant target-date funds that are close to their target dates (say, the 2015 target fund).  When I saw that you were referring to all target-date funds, it occurred to me that examining how such funds modify their portfolios over time would actually help answer your question. If you look at a near-term target fund you can see that a smaller percent is invested internationally, the same way a smaller percent is invested in stocks.  It's because of risk.  Since it's more likely that you will need some of the money soon, and since you'll be cashing out said money in US Dollars, it's risky to have too much invested in foreign currencies.  If you need money that's currently invested in a foreign currency and that currency happens to be doing poorly against USD at the moment, then you'll lose money simply because you need it now. This is the same rationale that goes into target-date funds' moving from stocks to bonds over time.  Since the value of a stock portfolio has a lot more natural volatility than the value of a bond portfolio, if you're heavily invested in stocks when you need to withdraw money, there's a higher probability that you'll need to cash out just when stocks happen to be doing relatively poorly.  Being invested more in bonds around when you'll need your money is less risky. Similarly, being more invested in US dollars than in foreign currencies around when you'll need your money is also less risky.\""}
{"_id": "569849", "title": "", "text": "\"This paper by a Columbia business school professor says: The standard 60%/40% strategy outperforms a 100% bond or 100% stock strategy over the 1926-1940 period (Figure 5) and over the 1990-2011 period (Figure 6). This is based on actual market data from those periods.  You can see the figures in the PDF.  These are periods of 14 and 21 years, which is perhaps shorter than the amount of time money would sit in your IRA, but still a fairly long time.  The author goes on with a lot of additional discussion and claims that \"\"under certain conditions, rebalancing will always outperform a buy-and-hold portfolio given sufficient time\"\". Of course, there are also many periods over which a given asset mix would underperform, so there are no guarantees here.  I read your question as asking \"\"is there any data suggesting that rebalancing a diversified portfolio can outperform an all-in-one-asset-class portfolio\"\".  There is some such data.  However, if you're asking which investing strategy you should actually choose, you'd want to look at a lot of data on both sides.  You're unlikely to find data that \"\"proves\"\" anything conclusively either way. It should also be noted that the rebalancing advantage described here (and in your question) is not specific to bonds.  For instance, in theory, rebalancing between US and international stocks could show a similar advantage over an all-US or all-non-US portfolio. The paper contains a lot of additional discussion about rebalancing.  It seems that your question is really about whether rebalancing a diverse portfolio is better than going all-in with one asset class, and this question is touched on throughout the paper.  The author mentions that diversification and rebalancing strategies should be chosen not solely for their effect on mathematically-calculated returns, but for their match with your psychological makeup and tolerance for risk.\""}
{"_id": "569866", "title": "", "text": "It's tricky to calculate what us Europeans pay equivalent to US 'gas' (petrol) prices.   I currently pay about \u20ac72 for ~42litres of petrol.   Heard on the radio that we pay the equivalent of ~$9/US gallon for petrol.   Why haven't the Germans gone all electric with their Mercs and Beemers? With the prices we pay it would make even more sense over this side of the pond. It's strange to wait for Tesla to mass-produce the electric car.  Shorter average distances too mean shorter commutes, so the range issue of batteries is also more favourable to European geography."}
{"_id": "569867", "title": "", "text": "I agree with your post 100%  on this question: &gt; What is it that allows some people to break out of rigid patterns of thought, i.e. routines?  It seems to be simply the belief that one, first off, should and second that they actually have the ability too. I believe a lot of that probably comes from culture/environment.   This is why left leaning people sometimes annoy me. With all of their good intentions and aspirations of social justice, they don't realize how much they are fucking over and disempowering young black kids by telling them that the system is stacked against them."}
{"_id": "569874", "title": "", "text": "\"Oh, I've gotten the \"\"massive upside\"\" in writing - you get 10,000 shares of this thing! Just sign here! But then it turns out that they can water those shares down whenever they want, or of course they're worth nothing when the thing tanks. The fact that it's a pretty sophisticated game is not always obvious, especially to those who are new to it.\""}
{"_id": "569912", "title": "", "text": "Securities change in prices. You can buy ten 10'000 share of a stock for $1 each one day on release and sell it for $40 each if you're lucky in the future for a gross profit of 40*10000 = 400'0000"}
{"_id": "569917", "title": "", "text": "You will have no problem doing this for one home and living in it for one or two years.  There's a recent court case with around six homes bought and sold by the same person in that time frame.  That's what you've probably heard about.  There's no hard and fast rule about when it becomes a business but here are some highlights from that court case. Among the criteria developed by the case law, the following are of   note: Constantin v. The Queen, 2014 TCC 327 (CanLII)"}
{"_id": "569928", "title": "", "text": "Is the balance (in dollars, say) automatically converted to rupees when I try to: You can't transact on this account like you do on savings account. So there is NO ATM/Debit Card/Net Banking. You have to walk-in to the Branch and withdraw in local currency or in travel cards as required. Am I correct in understanding that a resident foreign currency account cannot have deposits made into it in rupees, say if someone wants to transfer money to me using IMPS? Deposits are restricted. See RBI circular"}
{"_id": "569938", "title": "", "text": "\"&gt;but don't leave out the democrats as your article does  I really think that saying the Democrats are somehow \"\"equally\"\" to blame would be ignoring [research](http://www.people-press.org/2011/12/15/frustration-with-congress-could-hurt-republican-incumbents/) that suggests that the public assigns a greater responsiility to Republicans than Democrats. I have heard *no* meaningful discussions about problems facing us from Republicans.   But I have heard how Obama is at fault for everything wrong in this world, while telling us that we need to repeal every drop of Obamacare and financial reform (as if there was never an economics crisis or major problems with health care). All that congress is able to do these days is pander to a two year election cycle.\""}
{"_id": "569940", "title": "", "text": "Probably because large chains can absorb the loss from fraud better than small stores do.  Thus, small stores want to ensure that the person holding the card is the same as the name on the card."}
{"_id": "569946", "title": "", "text": "Of course it has a goal - if it didn't have a goal and a structure we would call it anarchy.  The goal of capitalism is to answer the economic question, namely how to determine what is to be produced and who is to owns the factors of production. Same as communism."}
{"_id": "569948", "title": "", "text": "A mutual fund that purchases bonds is a bond fund.     Bond funds are considered to be less risk than a traditional stock mutual fund.   The cost of this less risk is that they have earned (on average) less than mutual funds investing in stocks. Sometimes, bonds have different tax consequences than stocks."}
{"_id": "569953", "title": "", "text": "According to Publication 590, broker's commissions for stock transactions within an IRA cannot be paid in addition to the IRA contribution(s), but they are deductible as part of the contribution, or add to the basis if you are making a nondeductible contribution to a Traditional IRA. (Top of Page 10, and Page 12, column 1, in the 2012 edition of Pub 590). On the other hand, trustees'  administrative fees can be paid from outside the IRA if they are billed separately, and are even deductible as a Miscellaneous Deduction on Schedule A of your income tax return (subject to the 2% of AGI threshold).  A long time ago, when my IRA account balances were much smaller, I used to get a bill from my IRA custodian for a $20 annual administrative fee which I paid separately (but never got to deduct due to the 2% threshold). My custodian also allowed  the option of doing nothing in which case the $20 would be collected from (and thus reduce) the amount of money in my IRA.  Note that this does not apply to the expenses charged by the mutual funds that you might have in your IRA; these expenses are treated the same as brokerage commissions and must be paid from within the IRA."}
{"_id": "569958", "title": "", "text": "Unfortunately, a Supreme Court case (Prima Paint Corp. v. Flood &amp; Conklin Mfg. Co.) held that arbitration clauses are enforceable even when you are challenging the enforceability of the contract generally.  Shockingly, if you want to argue that an arbitration clause should not apply to you, you have to make your case to an arbitrator."}
{"_id": "569976", "title": "", "text": "Zero economic profits will occur once the the rest of the industry acquires the same technology. If, as you say, the other firms cannot acquire the new tech but the technology is transferable, the other firms will go out of business and new ones will eventually enter the market which use the new technology. Once enough firms reenter the market, increasing the aggregate supply to equilibrium, economic profits will be 0."}
{"_id": "569987", "title": "", "text": "Generally if there are enough details, they would match this up with your loan account and pass appropriate credit. The worst that can happen is;   In either case, watch your Loan account statement and it should show you the credit. If this does not then ask the company and they should be able to trace it and rectify. Under no scenario you would lose money."}
{"_id": "569991", "title": "", "text": "I only wish I did business with WF so I could stop doing business with WF. He is only apologetic because they got caught. There is a history there, and I am sure he will be hiring the next lobbyist that will help him block or eliminate fair banking laws. But I don't trust any of these polished wall street/banking guys. I have no reason to."}
{"_id": "569993", "title": "", "text": "\"Are you in the US?  One thing you can do is prepay taxes at a rate of a 1.8% fee.  Much lower than paypal.  I would do this on what is \"\"left over\"\". Here are somethings that I would tend to do in your case: Those are some of the things I would be looking at. Do you care to share the details of your offer?\""}
{"_id": "570004", "title": "", "text": "So you dislike Unions?  Why were unions necessary in the first place?  Is that problem resolved, or will it crop up again if they go away?  My belief is that Unions (or rather, the problems they solved) are still necessary.  But their methods need oversight just as much as businesses need to be held accountable for how they treat their employees.  Government paying their employees well shouldn\u2019t be an issue.  We should be paying all employees well.  But we are on a race to the bottom, when it comes to employee wages.  When we can outsource our work to other countries (by building American businesses their), and get rewarded for it, we have broadened the field our own employees have to compete against.  When those businesses pay pennies on the dollar that they have to pay here, our employees CAN\u2019T compete."}
{"_id": "570005", "title": "", "text": "Electrical engineer here, of my friends and colleagues their success in business has been directly correlated with the work they put into becomming skilled at what they do.  I will admit the super-success of becomming a billionaire depends on a great deal of luck in addition to all that hard work, but even the unlucky, hard working ones are living comfortable lives."}
{"_id": "570012", "title": "", "text": "Companion Care in Woodinville has a team of friendly caregivers to provide assistance with personal care, housekeeping, meal preparation, errand running or simply to be there for companionship. We understand you can\u2019t always be there to provide daily assistance for an elderly or disabled family member."}
{"_id": "570028", "title": "", "text": "We are the second most charitable country on the planet (source: world giving index), if Granny can't find support, she isn't really looking. The support is there for those genuinely in need. And, the money goes further because it doesn't have to pay bureaucrat salaries."}
{"_id": "570046", "title": "", "text": "An option gives you the legal right to buy stock. However, you cannot exercise a stock option unless you have the ability to buy the stock. In the United States, securities not fully registered with the SEC for public sale cannot be purchased except by qualified investors."}
{"_id": "570058", "title": "", "text": "As parents, observing the kid's activities is a treat to watch. It is the houseful movie that you watch in your homes and praise the actor, producer, director, who is indeed the same person - your kid. They surely love building games and they would surely love them more as they grow with them."}
{"_id": "570062", "title": "", "text": "This could also be solved thanks to an idea Tesla had at the beginning of the Roadster era, but never went through it because they could never get it reliable enough. If you can build a transmission that can stand up to the high torque from no RPM that an electric motor provides, then that solves the problem. Obviously easier said than done, but it's not a fault with an electric motor itself, it's that they're all running on a 1 speed transmission"}
{"_id": "570064", "title": "", "text": "This was a really unusual deal because a fund owned by one of the owners of the company was buying much of the shares. Seems that maybe someone at the company realized that they could get an IPO for much less than 7% because the bank wasn't really doing much work or taking much risk for their cut. And that nobody figured to put contingencies for this in a contract because how often does it happen.  Edit: do people even read the articles for these things?  &gt;&gt;When you do an IPO where an existing shareholder (and company director) is buying half the deal, that's not quite the same as doing an IPO where the banks are just selling shares to investors that the banks dig up. And when that shareholder decides that he'd rather not buy, his escape is not so much refusing to pay for his shares as it is trying to get the deal pulled.  If VBL sues the banks, they can turn around and sue VBL saying that this is a backdoor way of getting out of their contract."}
{"_id": "570071", "title": "", "text": "\"As advised you need to budget, but there are a few simple things you can do to make it easier. Work out how much your fixed bills are every month, for example, council tax, gas and electric, mortgage and rent etc. On pay-day, move an amount of cash equal to this into another bank account when you get paid.  It's easier if this other account, let's call it a bills account, can pay the bills automatically via direct debits, you can then forget about it. Now your budget should tell you how much you spend on things that are more variable, food, fuel, travel etc.  Again on pay-day, move an amount of cash aside to cover this (plus a small buffer amount) into another account. Whatever is now left in your main account is yours to spend or save as you see fit.  You just need to make sure you are sticking to your budget and it's as easy as that.  If you cannot pay direct debits from the other accounts you just need to move the money over to cover them when they need paying. Most banks will let you set up extra accounts so you can mvoe the money easily using internet banking or by a monthly standing order.  If they won't let you have several \"\"current\"\" accounts you can use savings accounts but will need to manually move the money around as the bills are due.  If you get all your direct debits to debit on pay-day, that makes it even easier. If you are struggling for money then prioritise paying off debt first and prioritise the debt with the highest interest rate.\""}
{"_id": "570091", "title": "", "text": "I doubt balsamic onion gastrique is a very scalable product.  But really, I'm confused about what's replacing dirt-cheap burgers for the low-income market. All of the products that are replacing them by this analysis are more expensive, which indicates they're probably capturing a different sector of the market. So the question is what are their former customers actually eating now, and has the low-income bracket fallen so low that not even dollar menus are affordable? Or is there some sort of cultural shift occurring in that demographic?"}
{"_id": "570095", "title": "", "text": "\"&gt; You mentioned the customer experience randomly in some parts, then threw in Wikileaks in others.  Only random if you don't understand what I'm saying. But I'll just give up instead of repeating again.  &gt; Visa and Mastercard have relationships with banks and/or processors, who have relationships with merchants. [\u2026] Cardholders aren't Visa and MC's clients  I still don't understand. Why is the indirect relationship merchant-&gt;processor/bank-&gt;VISA so much stronger than cardholder-&gt;bank-&gt;VISA? Presumably VISA also tell banks not to allow *hardholders* to do illegal stuff with their cards?  &gt;&gt; The WikiLeaks blockade was clearly political. What makes you say otherwise? And this is political.  &gt; So your argument is that anything political is the same as anything else political?  No, it's that the wikileaks thing was clearly political, and trying to say \"\"that's not relevant because it was a legal matter\"\" doesn't make sense since everything after \"\"because\"\" was wrong.  &gt; As long as their reasons for doing so aren't discriminatory based on status in a protected class, they are (and should be) allowed to refuse service.  I'm not saying they're legally in the wrong.\""}
{"_id": "570112", "title": "", "text": "\"I've bought ISO stock over they years -- in NYSE traded companies.  Every time I've done so, they've done what's called \"\"sell-to-cover\"\".  And the gubmint treats the difference between FMV and purchase price as if it's part of your salary.  And for me, they've sold some stock extra to pay estimated taxes. So, if I got this right...  20,000 shares at $3 costs you 60,000 to buy them.  In my sell-to-cover at 5 scenario: did I get that right?  Keeping only 4,000 shares out of 20,000 doesn't feel right.  Maybe because I've always sold at a much ratio between strike price and FMV. Note I made some assumptions:  first is that the company will sell some of the stock to pay the taxes for you.  Second is your marginal tax rate.  Before you do anything check these. Is there some reason to exercise immediately?  I'd wait, personally.\""}
{"_id": "570115", "title": "", "text": "\"I would want a clause that says you can't endanger my portfolio, but that would never happen I guess. I've just started what I hope to be a long and successful career and I'm considering opting out of the company pension and managing it myself. Some economics people want to make this an \"\"every man for himself\"\" situation.   Right now I pay $400 per month into a pension, and at any point it may not exist. I don't think I'm alone in the idea that I can manage my own portfolio at least as well as that, and my own pension will stay with me no matter what, no matter how many companies I work for.\""}
{"_id": "570117", "title": "", "text": "The benefit of the 401K and IRAs are that reallocating and re balancing are easy. They don't want you to move the funds every day, but you are not locked in to your current allocations. The fact that you mentioned in a comment that you also have a Roth IRA means that you should look at all retirements as a whole.  Look at what options you have in the 401K and also what options you have with the IRA. Then determine the overall allocation between bonds, stocks, international, REIT, etc. Then use the mix of funds  in the IRA and 401K to meet that goal. Asking if the 401K should be small and mid cap only can't be answered without knowing not just your risk tolerances but the total money in the 401K and IRA.  Pick an allocation, map the available funds to that allocation. Rebalance every year. But review the allocation in a few years or after a life event such as: change of job, getting married, having kids, or buying a house."}
{"_id": "570122", "title": "", "text": "Advertisers understand that and that is why modern day ads do jackshit about representing the products. Their first goal is to make their name known, and second goal is to establish it as a cool/must-have brand. Do you think people buy Gucci for quality? Those who say yes are in denial."}
{"_id": "570131", "title": "", "text": "\"Off the top of my head, I don't know of any publicly-traded companies that routinely earmark distributions as return of capital, but theoretically, it's certainly applicable to any publicly-traded company. The Wikipedia article gives one situation in which a publicly-traded company may use return of capital: Public business may return capital as a means to increase the debt/equity ratio and increase their leverage (risk profile). Since return of capital is a distribution, it shrinks the firm's equity, thus increasing its leverage. Investopedia also has an article, Dividend Facts You May Not Know, that gives an example of when return of capital might be used: Sometimes, especially in the case of a special, large dividend, part of the dividend is actually declared by the company to be a return of capital. In this case, instead of being taxed at the time of distribution, the return of capital is used to reduce the basis of the stock, making for a larger capital gain down the road, assuming the selling price is higher than the basis. For instance, if you buy shares with a basis of $10 each and you get a $1 special dividend, 55 cents of which is return of capital, the taxable dividend is 45 cents, the new basis is $9.45 and you will pay capital gains tax on that 55 cents when you sell your shares sometime in the future. A company may choose to earmark some or all of its distribution as return of capital in order to provide shareholders with a more beneficial tax treatment. The IRS describes this different tax treatment: Distributions that qualify as a return of capital are not dividends. A return of capital is a return of some or all of your investment in the stock of the company. A return of capital reduces the basis of your stock. These distributions don't necessarily count as taxable income, except in some instances: Once the basis of your stock has been reduced to zero, any further non-dividend distribution is capital gain. The IRS also states: A distribution generally qualifies as a return of capital if the corporation making the distribution does not have any accumulated or current year earnings and profits. In this case, the firm is lowering its equity because it's paying distributions out of that equity instead of accumulated earnings/profits. A company may use return of capital to maintain a distribution even in times of financial difficulty.  In the context of closed-end funds, however, return of capital can be much more complicated and can affect the fund's performance and reputation in numerous ways. Also, JB King is correct in cautioning you that \"\"return of capital\"\" is not the same thing as \"\"return on capital*. The latter is a method for valuing a company and determining \"\"how efficient a company is where it comes to using its resources.\"\" (to quote JB King's comment again).\""}
{"_id": "570155", "title": "", "text": "\"Yes, so much for audit. We are audited yearly by one of big-4 and me being in IT Management was asked by the Auditors prove that \"\"the system will not allow to enter an order for a customer that does not exist.\"\" ?!?!?!  As for finance, I was once asked to setup credit card processing of a new type of orders. Done and tested! I then asked them to tell me when they start accepting the new orders, because I need to setup a job to send the charges to the bank. They did not inform me and accepted orders for $100,000s. Suddenly, after a year they discovered that we do not get paid by the bank.   You would think that one of the basic jobs of accounting it to make sure Total Sales = Total Payments.   We had write off $100,000s because I can only charge customers for orders in the last 30 days, before their credit card authorizations expires.\""}
{"_id": "570169", "title": "", "text": "Yes, but the fact is they probably don't have the cash to pay them right now. I know they just did a cash raise by offering existing shareholders rights to purchase more shares and then additionally issuing new shares. this is always a sign of a weak cash positions, although I'm not quite sure where their cash position is post-rights offering. One of the other issues was the US DOJ fined DB wayyyy more than they should have relative to what they fined US banks for the MBS crisis. Basically US Banks were fined fairly, but DB wasn't because they are foreign and the DOJ likes using foreign companies as piggy-banks...obviously this comes back to hurt the US as now Europeans are more than happy to fine US tech companies up the yin-yang. An eye for an eye..."}
{"_id": "570173", "title": "", "text": "If your broker lets you, you could just short GLD shares. The borrow cost is de minimis (it looks like it's basically zero at the moment), and there's no real upfront cost aside from the margin you'd have to post against the position. Don't forget to set a stop, though.   You can also look at buying lower-strike puts (the lower the strike, the cheaper the cost). Don't go selling calls - that's probably outside your risk profile."}
{"_id": "570175", "title": "", "text": "Weight loss Hypnosis is one of the most famous type of therapy made especially to help you reduce weight and look better. Fortunately, Transform you has professional doctors and therapist to help you control or lose weight as early as possible. Visit our website to know more."}
{"_id": "570178", "title": "", "text": "At the most basic level of financing a business -- you are trying to acquire capital as cheaply as you can to invest in your projects.  The measure for how expensive your capital is to acquire is Weighted Average Cost of Capital.    The formula for WACC:  Equity Ratio * Cost of Equity + Debt Ratio * Cost of Debt * (1 - Tax Rate) This is also your discount rate when you're making a DCF model.  Debt tends to be cheaper than equity when you don't already have any, and is also advantaged by tax rates since you don't pay taxes on interest.  In the real world, banks and lenders will ratchet up rates the more debt you acquire, or shut you out once you've taken on too much and your debt service coverage is too low for them.  In a classroom though, most teachers are too lazy to make a curvilinear formula for borrowing and will just state a rate for borrowing so you can load up on debt so long as you don't fall below being able to service your debt (cash flow to make your debt payments).  This will ultimately juice the returns on equity.  Realistically, you would find lenders would let you have ~20% equity in the business and ~80% debt without raising your teacher's eyebrow.  If you haven't taken accounting yet; be careful about the difference between cash and revenue in your analyses.  Revenue is recognition for work done; not cash in hand.  You can have all the revenue in the world but if no one's paid you for it yet, you can't pay anyone."}
{"_id": "570189", "title": "", "text": "\"I am at work now, so I will reply later.  **But this is especially for you, from today, [announcement from Trump](https://twitter.com/realDonaldTrump/status/897079051277537280?s=09): \"\"Now that Ken Frazier of Merck Pharma has resigned from President's Manufacturing Council,he will have more time to LOWER RIPOFF DRUG PRICES!\"\"**\""}
{"_id": "570226", "title": "", "text": "\"I figured that there must be some people in a corporate office somewhere who sign $100M loans for lunch. :)  The banks have that experience (but I'm not interested in asking them for a sample), and our consultants definitely have that experience, but I'm looking to evaluate the consultants with this exercise. If they provide the sample, then deliver to that sample, I'm still blind as to whether that sample is \"\"good\"\" as compared to something that the corporate world would use on the daily.  I'd take your advice for the $1M loan, but I can't help but think as the factors of 10 increase, the data required to properly negotiate also increases. I don't want to go in blind, and provide a proposal that looks like a high school project.\""}
{"_id": "570247", "title": "", "text": "Barclays offers an iPath ETN (not quite an ETF), DJP, which tracks the total return of the Dow Jones-AIG Commodity Index."}
{"_id": "570248", "title": "", "text": "Charles Schwab and HSBC offer security tokens."}
{"_id": "570263", "title": "", "text": "The two things are materially different. Point number 1.  With a credit card, the bank (and card network) earn a fee every time you spend on your card.  You swipe a $100 dinner, the credit card company makes about $3.  You pay it back, they may not make any interest but they've made their $3.  Additionally, if you have a $1,000,000 credit limit, you've only actually borrowed $100; which brings me to point number 2.   Point number 2.  A credit limit of $X is not in any way the same as a loan for $X.  When you seek a personal loan, the lender hands you money in equal amount to your loan, less any origination fees that may apply.  Your loan for $8,000 results in $8,000 being wired to your account.  Your credit limit is only a loan when you actually charge something.  Until then its a simple (adjustable) risk limit set by the bank's underwriters. Point number 3.  Your credit report contains no income information.  It's up to the lender to determine what sort of risk they're willing to take.  Some personal lenders are just fine with stated income and employer contact information.  Some lenders want to see some pay-stubs.  Some lenders will lend $X on stated income but won't lend $X+1 without income verification.  Some will lend the money at a lower interest rate if you do prove your income and employment.  It's all lender specific.  Credit card issuers are clearly lax on the income verification piece of the equation because of points number 1 and 2. Point number 4.  If you're getting a loan for your required mortgage down-payment you are a much bigger repayment risk than you realize."}
{"_id": "570266", "title": "", "text": "It won't be over this motion, and it probably won't happen today, or next week, or next month, or next year, but one day the dam will burst and blood will be shed.  With every passing day, the mass of people are being left with fewer and fewer options, and one day they will resort to the only option they have left."}
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{"_id": "570271", "title": "", "text": "12b1's have fallen out of favor in recent years, and are typically capped at about 0.25%. they are also usually waived and factored into the fund OER these days, too, though it depends on who your broker is.  any revenue sharing shouldn't increase your fees. in my experience, there is more incentivizing for cross selling rather than revenue sharing, but in any case those would be fractions of your revenue allocated to different parties, and not additional fees."}
{"_id": "570281", "title": "", "text": "We don't want jobs just so we can do work.   We want productive jobs so that we can consume the goods we produce.  Everyone in Soviet Russia had jobs, but they were all poor.  Just because you get an income does not mean that you are being productive.    It is not circular, because unproductive jobs destroy wealth despite having an income.   Sure, go ahead."}
{"_id": "570285", "title": "", "text": "It's based on potential. Things like market share, market size, competitive analysis and growth opportunity.    Ex: being as big as reddit is + the fact they are a large player = how they could leverage this to drive even more value than they currently have in the future  Also everything is inflated right now and the value factors in how much someone might (over) pay to acquire them."}
{"_id": "570292", "title": "", "text": "One thing to keep in mind is that with Roth accounts, there are different withdrawal considerations based on your contributions. For example, you can withdraw Roth IRA contributions whenever you want in the future.  However this really has nothing to do with your cost basis and purely to do with the contribution amount vs balance."}
{"_id": "570300", "title": "", "text": "Because hes presenting a feel-good ideal like it is some sort of solution. You can't stop having a kid part way through or quit a mortgage like an addiction. No birth control is 100% effective. People aren't going to go live like a monk in a tent just because someone says they aren't valuable, they aren't going to just slowly let themselves starve to death and die out either. You can try it but as anyone would expect, people resort to crime and adapt to being poor and uneducated."}
{"_id": "570318", "title": "", "text": "I'm not sure about your first two options.  But given your situation, a variant of option three seems possible.   That way you don't have to throw away your appraisal, although it's possible that you'll need to get some kind of addendum related to the repairs.   You also don't have your liquid money tied up long term.  You just need to float it for a month or two while the repairs are being done.  The bank should be able to preapprove you for the loan.   Note that you might be better off without the loan.  You'll have to pay interest on the loan and there's extra red tape.   I'd just prefer not to tie up so much money in this property.   I don't understand this.  With a loan, you are even more tied up.  Anything you do, you have to work with the bank.  Sure, you have $80k more cash available with the loan, but it doesn't sound like you need it.  With the loan, the bank makes the profit.  If you buy in cash, you lose your interest from the cash, but you save paying the interest on the loan.  In general, the interest rate on the loan will be higher than the return on the cash equivalent.   A fourth option would be to pay the $15k up front as earnest money.  The seller does the repairs through your chosen contractor.  You pay the remaining $12.5k for the downpayment and buy the house with the loan.  This is a more complicated purchase contract though, so cash might be a better option.   You can easily evaluate the difficulty of the second option.  Call a different bank and ask.  If you explain the situation, they'll let you know if they can use the existing appraisal or not.  Also consider asking the appraiser if there are specific banks that will accept the appraisal.  That might be quicker than randomly choosing banks.   It may be that your current bank just isn't used to investment properties.  Requiring the previous owner to do repairs prior to sale is very common in residential properties.  It sounds like the loan officer is trying to use the rules for residential for your investment purchase.  A different bank may be more inclined to work with you for your actual purchase."}
{"_id": "570327", "title": "", "text": "This reminds me of the guy that yells out at 3:48 in [this video](https://www.youtube.com/watch?v=Rls8H6MktrA). It's a pretty good video too. Worth watching if you agree with the general sentiment of this thread and have never heard an intelligent person offer a different perspective. Escape the bubble."}
{"_id": "570415", "title": "", "text": "\"So either scenario has about $10K upfront costs (either realtor/selling expenses or fixing up for rental). Furthermore, I'm sure that the buyers would want you to fix all these things anyway, or reduce the price accordingly, but let's ignore this. Let's also ignore the remaining mortgage, since it looks like you can comfortably pay it off. Assuming 10% property management and 10% average vacancy (check your market), and rental price at $1000 - you end up with these numbers: I took very conservative estimates both on the rent (lower than you expect) and the maintenance expense (although on average over the years ,since you need to have some reserves, this is probably quite reasonable). You end up with 2.7% ROI, which is not a lot for a rental. The rule of thumb your wife mentioned (1% of cash equity) is indeed usually for ROI of leveraged rental purchase. However, if rental prices in your area are rising, as it sounds like they are, you may end up there quite soon anyway. The downside is that the money is locked in. If you're confident in your ability to rent and are not loosing the tax benefit of selling since it sounds like you've not appreciated, you may take out some cash through a cash-out refi. To keep cash-flow near-0, you need to cash out so that the payments would be at or less than the $3200/year (i.e.: $266/month). That would make about $50K at 30/yr fixed 5% loan. What's best is up to you to decide, of course. Check whether \"\"you can always sell\"\" holds for you. I.e.: how stable is the market, what happens if one or two large employers disappear, etc.\""}
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{"_id": "570449", "title": "", "text": "$9000 over 6 months is great, I'd use it for long term savings regardless of the 401(k) situation. There's nothing wrong with a mix of pre and post tax money for retirement. In fact, it's a great way to avoid paying too much tax should your 401(k) withdrawals in retirement push you into a higher bracket. Just invest this as you would your other long term money."}
{"_id": "570453", "title": "", "text": "Making or losing income (via selling shares) is the taxable event, not moving the income you made to and from an account.  The only exception would be a special account such as an IRA, and then there would be rules specific to that account structure about when you can withdraw money and what the tax consequences are."}
{"_id": "570456", "title": "", "text": "I don't think it'll have too much impact on the businesses, beyond needing to upgrade card terminals. There is a large impact on the consumer: banks consider all transactions authorized by the chip and PIN to have been made by the cardholder; there is much less fraud protection, and chip and PIN is not infallible (a few flaws have been found in it, and it makes it possible for a mugger to verify that you have given them the correct PIN for the card in a readily-available handheld device)."}
{"_id": "570466", "title": "", "text": "\"When \"\"people say\"\", each person is referring to whatever he/she is looking at.  Interest rates tend to move roughly the same, but often there is a bias regarding long vs. short term.  In the US right now, short term interest rates are very low but there is a lot of chatter saying they will rise in the future.  The differential between long term rates and short term rates is high compared to historical norms, suggesting that the market believes this chatter.  You can also look at the differences in rates between different quality levels.  If the economy is improving, the difference in rate for lower rated debt vs. higher rated debt decreases as people think the chance of businesses failing is decreasing. Right now, any interest rate you look at is well below long term historical averages, so asserting that interest rates are low is quite safe.\""}
{"_id": "570497", "title": "", "text": "If you introduce a new language and all the successful people start to use it, then you have changed the norms of an entire culture.   It used to be citizens and duty.   Now it is consumers and returns on investment.   Somehow MBA language and graduates are responsible for changing our entire perspective into valuing everything monetarily."}
{"_id": "570500", "title": "", "text": "Similar thing in Korea. Since many people use public transportation, it makes more sense to buy grocery and other items, drop it off at the delivery station, then head home. Your stuff gets delivered to your house same day, and you don't have to worry about lugging the bags home."}
{"_id": "570526", "title": "", "text": "I get teh flight to quality arguement aka best of the dirty shirts philosophy, but I am talking realistically. And of course a 3% 10yr is worth more on the seconday market now that rates are at 1.65%.  That doesn't mean you buy the 1.65%"}
{"_id": "570532", "title": "", "text": "I'd guess the broader U.S. economy will take it as a small blip. It will hurt oil, possibly the airlines, but we have large stockpiles of oil and the country has expanded renewables a lot lately.  That being said, I could see this as being devastating for Texas and Houston in particular for a very long time."}
{"_id": "570546", "title": "", "text": "0% bonds are desirable for some individuals. It depends on your situation. 0% bonds are usually sold well below par value (eg a 100$ face value bond for 2020 might sell for 90$ today) Hence, your gains will be CAPITAL GAINS. A similar investment paying interest would be taxed as INCOME, and smaller portion of capital gains. In many countries (US, Canada) Capital gains are taxed at a more favourable rate then income. This is especially true when holding these investments in corporations."}
{"_id": "570570", "title": "", "text": "\"Again massive generalisations I haven't looked at the numbers at all, so could be way off, and it will be a local issue.   If overall housing demand &gt; supply; little movement in price  If current supply = current demand; then the increase in supply should lower prices a little. I'd expect a lot of conversions to enable greater access to the housing market from first time buyers (which is generally where the growth comes from).   If current supply &gt; current demand (rare, Detroit, some \"\"company towns\"\" where the company has left etc) ; prices should already be depressed, more supply pushes them lower still. If people can keep up with mortgage payments then all okay, if not repossessions. I doubt this option is large enough to carry much risk.    I'm fairly sure any bank has people far smarter, and far more qualified,  than me looking at macro trends with actual data, so whatever shocks are coming from the boomers dying off will be well managed.\""}
{"_id": "570611", "title": "", "text": "\"I think it's great that you want to contribute. Course Instructor You may want to take a look at becoming an instructor for a course like Dave Ramsey's Financial Peace University. These are commonly offered through churches and other community venues for a fee. This may be a good fit if you want to focus on basic financial literacy, setting up and sticking to a budget, and getting their financial \"\"house\"\" in order. It may not be a good fit if you don't want to teach an existing curriculum, or if you find the tenets of the course too unpalatable. A significant number of the people in Dave's audience are close to or in the middle of a financial meltdown, and so his advice includes controversial ideas such as avoiding credit altogether, often because that's how they got into their current mess. Counselor If you want to run your own show, I know of several people who have built their own practice that is run along the lines of a counselor charging hourly rates, and they work with couples who are having money problems. Building a reputation and a network of referring counselors and professionals is key here, and definitely seems like it would require a full-time commitment. I would avoid \"\"credit counseling\"\" and the like. Most of these organizations are focused on restructuring credit card debt, not spending signficant time on behavioral change. You don't need a series 7, 63, 65 etc. or even a CFA. I've previously acquired a number of these and can confirm that they are investment credentials that are intended to help you get a job and/or get more business as a broker or conventional financial planner, i.e. salesperson of securities. The licensure process is necessary to protect consumers from advice that serves the investment sales force but is bad for the consumer, and because you must be licensed to provide investment advice. There is a class of fee-only financial planners, but they primarily deal with complex issues that allow them to make money, and often give away basic personal finance advice for free in the form of articles, podcasts, etc.  Charity For part-time or free work, in my area there are also several charity organizations that help people do their taxes and provide basic budgeting and personal finance instruction, but this is very localized and may vary quite a bit depending on where you live. However, if there are none near you, you can always start one! Journalism If you have an interest in writing, there are also people who work as journalists and write columns, books, or newsletters, and it is much easier now to publish and build a network online, either on your own, through a blog or contributing to a website. Speaker at Community events There are also many opportunities to speak to a specific community such as a church or social organization. For example, where I live there are local organizations for Spanish speaking, Polish speaking, elderly, young professional, young mother and retiree groups for example, all of who might be interested in your advice on issues that specifically address their needs. Good luck!\""}
{"_id": "570616", "title": "", "text": "\"An extra 7200 a year can buy me a lot of happiness. Hell 10k for one year would buy me a helluva lot of happiness. Not talking drugs, or a car or anything like that. It'd just be \"\"cool that's 600 a month I DON'T have to worry about\"\" and that covers a few bills.\""}
{"_id": "570632", "title": "", "text": "recommend keeping some amount of money in cash as an emergency fund I see two keywords, with two interpretations here. Cash: Emergency: 1 + 1 is rarely a problem. Even if it takes a couple of days to sell reliable investments. 1 + 2 is a rather large problem. You need to leave town, today, because the town won't be there tomorrow. You're out of gas, and the phones are not working. The guy minding the local service station with an AR-15 can't process your Amex Centurion card and would prefer actual cash. I live in an area prone to earthquakes and cyclonic storms. The last large one didn't knock out anything major, but the cash machines emptied out rather quickly. We keep a month's income in cash in the house, and I have a spare tank of gas in storage*. As others have said, there is no single answer for everyone. But do consider what you take for granted and what happens when it goes away.  *Change it every 2 months - common gasoline is not chemically stable"}
{"_id": "570634", "title": "", "text": "For Facebook and such companies, their ability to earn billions only happens through an IPO because that business model doesn't generate revenue. Without some drastic change that no one has mentioned, Facebook cannot make a profit, much less multi-billion dollar yearly profits.   So you launch an IPO to rip off the suckers"}
{"_id": "570635", "title": "", "text": "The need for innovative Science, Technology, Engineering and Mathematics is paramount. Our youth needs to develop a mastery of these technologies beyond the classroom and fluency in skills to go from college to career. STEM and education collectively imparts skills and design based learning to urge children towards curiosity, innovation, and thirst for knowledge for these subjects. By exposing students to these STEM-related concepts and giving them opportunities to explore, they will develop a passion and hopefully pursue a job in a STEM field. Checkout us online: http://www.techjoyntfranchise.com/"}
{"_id": "570636", "title": "", "text": "I have used TurboTax for years with no problems. I clicked on the TaxAct link in an ad and decided to see if there was much different. Using the free version of Taxact, and inputting the exact same information, my federal taxes came out with a $1500 difference while my state taxes (NJ) came out almost identically. I rechecked my inputs twice and could find no typos in either program. While I would make out better with the TaxAct program in my wallet, I find the detailed questioning and directions in TurboTax to be superior. Somehow I am thinking that TaxAct has missed something but I can't figure out what. And the only way to actually print out your forms with TaxAct is to get the paid version, so comparing the final forms side bybside isn't a free option."}
{"_id": "570639", "title": "", "text": "\"Transferring the money or keeping it in US does has no effect on taxes. Your residency status has. Assuming you are Resident Alien in US for tax purpose and have paid the taxes to IRS and you are \"\"Non-Resident\"\" Indian for tax purposes in India as you are more than 182 outside India. How would it effect my Tax in US and India If you are \"\"Non-Resident\"\" in India for tax purposes, there is no tax liability of this in India. I have transferred an amount of approx 15-20k$ to Indian Account (not NRE) By RBI regulation, if you are \"\"Non-Resident\"\" then you should get your savings account converted to \"\"NRO\"\". You may not may not choose to open an NRE account. To keep the paper work clear it helps that you open an NRE account in India. Any investment needed ? Where do i need to declare if any ? These are not relevant.  Note any income generated in India, i.e. interest in Savings account / FDs / Rent etc; taxes need to be paid in India and declared in US and taxes paid in US as well. There is some relief under DTAA. There are quite a few question on this site that will help you clarify what needs to be done.\""}
{"_id": "570664", "title": "", "text": "check pastsat-backtesting , backtesting tool, where one can can test on well known technical indicators without coding skills"}
{"_id": "570669", "title": "", "text": "Her current competence or incompetence and how she got the job is perfectly relevant. Obviously, and should be looked into in depth.  What isn't relevant is her studies 25 years ago. A 25-year-old Masters in computer security would be just as irrelevant, as the industry has changed drastically since that time."}
{"_id": "570670", "title": "", "text": "\"I'm not sure you can get a refund. In the US, companies aren't required by law to offer one. You could contact GoDaddy's customer service and ask them, but I would guess that they'll agree with the contents of the legal agreement. Unless there is another part of the agreement that does allow you to get a refund (there might be, I haven't read it), you're probably out of luck. And yes, this is legitimate. It's a legal agreement, and by checking the box (if there was one), going through with the purchase, etc. you indicated that you read and agreed to the legal agreement, and therefore accepted that you wouldn't be offered a refund. GoDaddy isn't responsible if someone purchases something from them without reading the agreement before agreeing to it. Furthermore, the legal agreement isn't the only place where the refund policy is stated. GoDaddy's page, \"\"What is Domain Buy Service?\"\" says: Your purchase is non-refundable and non-transferable. This is a help page, not something you explicitly agree to (and therefore not legally binding), but as a lesson for the future, always read the description of what you're purchasing before you purchase it. For general reference: if for some reason you were the victim of fraud, e.g. a company offered a refund in their legal agreement but refused to give it you, and you paid with a credit card, you have more options because you could work with your credit card company to potentially get your money back. In this case, however, the agreement was clear, so this isn't an option.\""}
{"_id": "570679", "title": "", "text": "\"Do you know even one Muslim person? My money is on no.  You're probably the same guy who will scream bloody murder about the government trying to take your guns, but you completely forget about the \"\"freedom of religion\"\" guaranteed by that same document. Then you go around posting retarded bullshit like \"\"Islam should be illegal\"\".   Have a great day you racist douchebag. Try not to wander into traffic.\""}
{"_id": "570680", "title": "", "text": "I would suggest to buy your own printer, and calculate the cost for a page including the wear to the printer. Then either deduce these printing expenses, or ask the charity to reimburse you. This is not much different than when you would go to a copyshop, those easily charge 10-30c per page, with your own printer you can probably get it around 5-10c per page, including paper, toner, drum, and amortization. The advantage is that when you do use the printer for other purposes, you wont get into any problems with who owns the printer or deductions."}
{"_id": "570686", "title": "", "text": "The 3 options under consultation still looks pretty cheap. I know revolut give you 200 a month free (1.5% after that) but all debit transactions are still free.  So you should still be able to pay with the card without any charges."}
{"_id": "570692", "title": "", "text": "It depends on the relationship you have with the person.  Let's say you're referring your client to him. What if he fails to provide the promised IT consultation service? It would bring in bad reputation to your business as well, right? First of all, you should keenly look into his portfolio and the reputation he has been holding in his work field. If he's a good profile that matches with your clients' project, I have no objection for partnering up with him.  Being the co-founder of a digital marketing agency, I have partnered up with the fellow agencies and it worked well in between both parties.  If you have more questions, feel free to ask."}
{"_id": "570735", "title": "", "text": "So you don't have any trouble with FedGov dictating *national* labor and union-relation laws, and throwing out the differences between various states? Because *that's* the reason this administration is acting in this manner, it has very little to do with franchises; the end result is national dictatorship of wages, hours, and unions by the executive branch.  As the article says; if this policy is really what's necessary, why doesn't *Congress* implement it?"}
{"_id": "570738", "title": "", "text": "Yes, because most were holding it from 50-300 dollars cost pre-split, giving them a very healthy dividend yield today.  The question is upside if you buy today, not upside from 5 years ago.  I bought it at 300 too, but today other stocks are making me money..."}
{"_id": "570762", "title": "", "text": "Depends how you're doing the math.  The actual damage done so far is zero or near zero.  You're valuing potential damage.  If your concern is fixing the error then the damage wouldn't be monetary - it'd be credit repair in the case of a problem."}
{"_id": "570787", "title": "", "text": "Basically, diversifying narrows the spread of possible results, raising  the center of the returns bell-curve by reducing the likelihood of extreme results at either the high or low end.  It's largely a matter of basic statistics. Bet double-or-nothing on a single coin flip, and those are the only possible results, and your odds of a disaster (losing most or all of the money) are 50%. Bet half of it on each of two coin flips, and your odds of losing are reduced to 25% at the cost of reducing your odds of winning to 25%, with 50% odds that you retain your money and can try the game again. Three coins divides the space further; the extremes are reduced to 12.5% each, with the middle being most likely. If that was all there was, this would be a zero-sum game and pure gambling. But the stock market is actually positive-sum, since companies are delivering part of their profits to their stockholder owners. This moves the center of the bell curve up a bit from break-even, historically to about +8%. This is why index funds produce a profit with very little active decision; they treat the variation as mostly random (which seems to work statistically) and just try to capture average results of a (hopefully) slightly above-average bucket of stocks and/or bonds. This approach is boring. It will never double your money overnight. On the other hand, it will never wipe you out overnight. If you have patience and are willing to let compound interest work for you, and trust that most market swings regress to the mean in the long run, it quietly builds your savings while not driving you crazy worrying about it. If all you are looking for is better return than the banks, and you have a reasonable amount of time before you need to pull the funds out, it's one of the more reliably predictable risk/reward trade-off points. You may want to refine this by biasing the mix of what you're holding. The simplest adjustment is how much you keep in each of several major investment categories. Large cap stocks, small cap stocks, bonds, and real estate (in the form of REITs) each have different baseline risk/return curves, and move in different ways in response to news, so maintaining a selected ratio between these buckets and adding the resulting curves together is one simple way to make fairly predictable adjustments to the width (and centerline) of the total bell curve. If you think you can do better than this, go for it. But index funds have been outperforming professionally managed funds (after the management fees are accounted for), and unless you are interested in spending a lot of time researching and playing with your money the odds of your doing much better aren't great unless you're willing to risk doing much worse. For me, boring is good. I want my savings to work for me rather than the other way around, and I don't consider the market at all interesting as a game. Others will feel differently."}
{"_id": "570805", "title": "", "text": "\"Basically, a 401(k) can have what is called a \"\"loan\"\", but is more properly a \"\"structured withdrawal and repayment agreement\"\". This allows you to access your nest egg to pay for unforeseen expenses, without having to actually cash it out and pay the 10% penalty plus taxes. You can get up to half of your current savings, with an absolute cap of $50k, minus the balance of any other loan outstanding. While there is a balance outstanding, you must make regular scheduled payments. The agreement does include an interest rate, but basically that interest money goes into your account. The downside of a 401(k) loan is the inflexibility; you must pay the scheduled amount, and you also have to keep the job for which you're paying into the 401(k); if you quit or are fired, the balance of the loan must usually be paid in 60 days, or else the financial institution will consider the unpaid balance a \"\"withdrawal\"\" and notify the IRS to that effect. Now, with a Roth account, it works a little differently. Basically, contributions to any Roth account (IRA or 401(k)) are post-tax. But, that means the money's now yours; there is no penalty or additional taxes levied on any amount you cash out. So, a loan basically just provides structure; you withdraw, then pay back under structured terms. But, if you need a little cash for a good reason, it's usually better just to cash out some of the principal of a Roth account and then be disciplined enough to pay back into it.\""}
{"_id": "570808", "title": "", "text": "You do realize there is such a thing as equilibrum price which is what the market tend to however a single private individual can set any price on anything (that doesn't mean it sells though)  Believe it or not overproduction of electricity is a problem, power lines get clogged, when that happens they need to turn the costs down to negative so people consume it instead of it damaging infrastructure, hence negative cost, because at that moment people wish there were less solar panels, not more.  Also, my comments were basically a joke, I don't know how you didn't realize that lol"}
{"_id": "570832", "title": "", "text": "Okay, so you give the subsidy to the person buying the solar panel, who would then give that subsidy to the company selling the solar panel.  Isn't that effectively exactly the same as giving the subsidy directly to the company selling the solar panel?  Both would result in exactly the same cost for the consumer, and same profit for the company."}
{"_id": "570843", "title": "", "text": "None of those are sources or studies.  Those are all opinion pieces.  Not a single one links to a study supporting the claims within.    Also you didn't bitch slap anyone, you just repeated unsupported claims.  I swear it's like you can't read."}
{"_id": "570854", "title": "", "text": "Yes but I get a TV delivered to my door. I have to lug it in to my car and take it to my house and have someone help me if I buy it from a store.  I just bought a TV from Amazon and it came with white glove delivery service where they even unpack it for you. There were no TVs at retail stores that were remotely competitive with the prices on Amazon for the price range I was looking for as sales tax would have added like 80 bucks to my TV."}
{"_id": "570855", "title": "", "text": "So wages for the working class are declining, young people can't find jobs and are over encumbered in school debt, unemployment is really high, yet these fools think they can find a sucker who can afford their overpriced assets?  Good Luck."}
{"_id": "570857", "title": "", "text": "\"Socialism at work ...  &gt;*CARACAS, VENEZUELA \u2013  Venezuela's food shortage is so bad the country is mandating that people scan their fingerprints at grocery stores in order to keep people from buying too much of a single item.*  &gt;*President Nicolas Maduro says a mandatory fingerprinting system is being implemented at grocery stores to combat food shortages. He calls it an \"\"anti-fraud system\"\" like the fingerprint scan the country uses for voting.*  &gt;*In announcing the plan late Wednesday, Maduro did not say when the system would take effect, but other administration officials suggested it could be in place by December or January.*  &gt;*The move was met with skepticism. Critics said the new system is tantamount to rationing and constitutes a breach of privacy. Others simply wondered if anything short of a systemic overhaul of the economy could help the socialist South American country's chronically bare shelves.*  &gt;*Venezuela has been grappling with shortages of basic goods like cooking oil and flour for more than a year. In the spring, the administration tried out a similar system in government-run supermarkets on a voluntary basis.*  &gt;*Rigid currency controls and a shortage of U.S. dollars have made it increasingly difficult for Venezuelans to find imported products. Price controls don't help either, with producers complaining that some goods are priced too low to make a profit and justify production.*  Cross-post from /r/MAConservative\""}
{"_id": "570860", "title": "", "text": "Generally loan goes against an asset, in your case though it appear that you don't have any fixed assets related to this loan. So it seems like you got a cash loan (current asset/checking account?) which you spent (expenses). Since you're doing it retroactively, you'll probably just put totals in the expenses without detailing them."}
{"_id": "570861", "title": "", "text": "I can see your point.  There are more investors than investment banks, so the power of each investment bank is substantially more than each individual investor.  It would take a lot of coordinated effort on the part of investors to alter the balance of power.  And to an extent, a new or existing and improved ratings agency would be a proxy war between investors and investment banks, even though the direct competition would be with other ratings agencies.  At the same time, ratings agencies as an industry have never had less credibility, nor have the investment banks for that matter.  I have to believe there is a realistic way to exploit that reality."}
{"_id": "570874", "title": "", "text": "Corporate bonds have gotten very complicated in the last 20 years to the point where individual investors are at significant disadvantages when lending money. Subordinated debentures, covenants, long maturities with short call features, opaque credit analysis, etc. Interest rates are so low now that investors (individual & professionals) are forced further out the risk & maturity spectrum for yield. It's a very crowded and busy street.....stay out of the traffic. Really you are better off owning a low cost bond fund that emulates the Barclays Corp/Gov index, or similar. That said, junk bonds may be useful to you if you can tolerate losing money when companies default....you've got to look in the mirror. Choose a fund that is diverse, Treasuries, agencies, corps both high and low.....and don't go for the highest yield."}
{"_id": "570883", "title": "", "text": "\"paying it off over time, which I know is the point of the card That may very well be the card issuer's goal, but it need not be yours. The benefits, as your question title seems to ask for -  That said, use the card, but don't spend more than you have in your checking account to pay it when the bill comes.  What you may want to hear - \"\"Charge the furniture. Pay it off over the next year, even at 20%/yr, the total interest on $2000 of furniture will only be $200, if you account for the declining balance. That's $4/week for a year of enjoying the furniture.\"\"  You see, you can talk yourself into a bad decision. Instead, shop, but don't buy. Lay out the plan to buy each piece as you save up for it. Consider what would happen if you buy it all on the card and then have any unexpected expenses. It just gets piled on top of that and you're down a slippery slope.\""}
{"_id": "570909", "title": "", "text": "In case you assume that you are a region for possible power aggravations, at that point you much better be set up for things to happen. You can't stop the power interruption to happen in your place in any case you can find an organization so that even with a power unsettling influence experience, you can regardless continue with what you are doing. All you require is a Commercial Generator that will outfit you with the required power in perspective of the power that it has kept. The generator usually works by changing power into electrical imperativeness that is the reason you have the opportunity to continue with home activities as the power interruption goes on."}
{"_id": "570921", "title": "", "text": "\"I added the tag 'budget' to your question. A detailed budget is the ideal tool for someone in your situation. And the details you offer indicate to me that's exactly what you've done. This first step is out of the way. Our (US) Vice President has a saying \"\"Don\u2019t tell me what you value. Show me your budget and I will tell you what you value.\"\" In this light, I suggest you consider each and every item in your budget. With $87 left this past month, consider how cutting back a bit and finding a way to not spend another $45, less than 1% of that budget, will increase that savings over 50%.  Every item can be lowered. If you took a cab, why not take public transportation. For cabs, can you car-pool, and join up with coworkers to share the ride? Can you downsize the apartment or get a bigger one but with a roommate? I've seen people do this. They go from a tiny one bedroom to a larger 2 bedroom that costs 50% more, but they are just paying half the rent. They also save on utilities, internet, etc. When I analyzed my food budget, I calculated $10/person per day. Can you cut back restaurant meals or takeout food? Sorry, not 'can you', but 'are you willing to'? Last, there are unlimited way to earn more money. You might not get the $35/hr you make at your day job, but just $15/hr is still $120 for a weekend shift. 2 of those a month can help you kill the debt, and gain some pocket money. A fellow blogger was in IT, but in a tight budget situation like you. He \"\"delivered away his debt\"\" by working for a pizza shop. Simple to do, but he had a goal, and quit when the debt was paid.\""}
{"_id": "570960", "title": "", "text": "That's a sensible plan. No there's no reason for the IRS to see this arrangement as suspicious, particularly because the deposits will be from paychecks; you have a record of where all the money came from. Conversely, multiple cash deposits might be considered suspicious. It can only affect your credit if you have credit lines associated with the account (like an overdraft line of credit). Interest earned could increase your tax liability by a tiny amount, but in the current interest rate environment, that's not much of a worry."}
{"_id": "570964", "title": "", "text": "The best answer to this question will depend on you and your wife. What is 'fair' for some may not be 'fair' for others. Some couples split expenses 50:50. Some split proportionately based on income. Some pool everything together. What works best for you will depend on your relative incomes, your financial goals, living standards, and most importantly, your personal beliefs. Here is a great question with various viewpoints: How to organize bank accounts with wife. It doesn't touch heavily on home ownership / pre-nuptial agreements, but might be a good starting point to getting you to think about your options. Consider providing another loan to your wife for additional investments in the home. It seems you are both comfortable with the realities of the pre-nuptial agreement; one of those realities seems to be that in the event of divorce you would lose access to the house. Loaning money has the benefit of allowing for the improvements to be done immediately, while clearly delineating what you have spent on the home from what she has spent on the home. However, this may not be 'fair', depending on how you both define the term. Have you discussed how expenses and savings would be split between you? Since there is no mortgage on the house, she has effectively contributed her pre-marital assets towards paying substantially all of your housing costs. It may be 'fair' for you to contribute to housing costs by at least splitting maintenance 50:50, or it may not be. Hopefully you talked about finances before you got married, and if not, now would be the best time to start. I personally would hate to have an 'uneasy' feeling about a relationship because I failed to openly communicate about finances."}
{"_id": "570965", "title": "", "text": "\"one of the good things about berlin is that you can find cheap apartments. with the money you pay for yours you wouldn\u00b4t get a lot of living space in other german urban areas (maybe \"\"east germany\"\") EDIT: just saying, that if you live by yourself with 8 eur/h, it\u00b4ll be a very basic style of living, considering rents are usually higher.\""}
{"_id": "570990", "title": "", "text": "Mutual funds are collections of investments that other people pay to join.  It would be simpler to calculate the value of all these investments at one time each day, and then to deem that any purchases or sales happen at that price.  The fund diversifies rather than magnifies risk, looking to hold rather than enjoy a quick turnaround.  Nobody really needs hourly updated price information for an investment they intend to hold for decades. They quote their prices on a daily basis and you take the daily price.  This makes sense for a vehicle that is a balanced collection of many different assets, most of which will have varying prices over the course a day.  That makes pricing complicated.  This primer explains mutual fund pricing and the requirements of the Investment Company Act of 1940, which mandates daily price reporting.  It also illustrates the complexity: How does the fund pricing process work? Mutual fund pricing is an intensive process that takes place in a short time frame at the end of the day. Generally, a fund\u2019s pricing process begins at the close of the New York Stock Exchange, normally 4 p.m. Eastern time. The fund\u2019s accounting agent, which may be an affiliated entity such as the fund\u2019s adviser, or a third-party servicer such as the fund\u2019s administrator or custodian bank, is usually responsible for calculating the share price. The accounting agent obtains prices for the fund\u2019s securities from pricing services and directly from brokers. Pricing services collect securities prices from exchanges, brokers, and other sources and then transmit them to the fund\u2019s accounting agent. Fund accounting agents internally validate the prices received by subjecting them to various control procedures. For example, depending on the nature and extent of its holdings, a fund may use one or more pricing services to ensure accuracy. Note that under Rule 22c-1 forward pricing, fund shareholders receive the next daily price, not the last daily price.  Forward pricing makes sense if you want shareholders to get the most accurate sale or purchase price, but not if you want purchasers and sellers to be able to make precise calculations about gains and losses (how can you be precise if the price won't be known until after you buy or sell?)."}
{"_id": "570993", "title": "", "text": "\"How accurate is Implied Volatility in predicting future moves? How would you measure this?  If the implied volatility says that there's a 1% chance that a stock will double, and it doubles, was it \"\"right\"\"?  You could also say that it says there's a 99% change that it doesn't double, so was it \"\"wrong\"\"?   What you could measure is the variance of daily returns over a time period, and see how well that compares to implied volatility, but there's no way to compare IV with the absolute price movement.  If a stock goes up 0.01 each day, then the variance is 0 (the daily returns are the same each day), but over 250 the stock would go up $2.50.\""}
{"_id": "570995", "title": "", "text": "You're certainly still responsible to pay what you owe the company given that: 1. for whatever reason, the recipient never received the checks. and 2. the money was credited back to you, albeit in a less than timely manner. However, if you take the time to explain the situation to the business, and show them proof that you sent the payments I would guess they would probably be willing to work with you on removing any late fees you have been assessed or possibly setting up a payment plan. Also, if you have been charged any overdraft or minimum balance fees by your bank while they held your money for the payments that was eventually credited back to your account, you might be able to get them to refund those if you explain what has happened. This is really a perfect example though of why balancing your checking account is as important today as it ever was."}
{"_id": "571001", "title": "", "text": "An Initial Public Offering (IPO), is the perfect first marketing of shares by the secretly purchased company to the public. The companies going public hick finance through IPO's for working capital, debt repayment, acquisitions, and a manager of other uses. If you want to learn the fundamental of the IPO best site is W3Teachers.com. For more INFO. visit :-http://www.w3teachers.com/IPO/IPO-DASHBOARD"}
{"_id": "571006", "title": "", "text": "I see two ways you can handle this. Use the gifts for the purpose of creating more free software.  This is fundraising, and your cause is writing free software.  The language is a little tricky from the PayPal Donate button (emphasis mine): This button is intended for fundraising. If you are not raising money   for a cause, please choose another option. Nonprofits must verify   their status to withdraw donations they receive. Users that are not   verified nonprofits must demonstrate how their donations will be used,   once they raise more than $10,000 USD. You don't have to be a nonprofit; they are only requiring existing nonprofits to verify their status.  You don't even have to account for the donations if they are below $10,000. Give out your PayPal email address and instruct the gift-givers to simply send you money through their PayPal interface.  They can mark it as a gift when they send the money. I think option one is how the various bloggers and other personal users are justifiying their collection of donations, and I think its a valid use of the PayPal Donate button."}
{"_id": "571015", "title": "", "text": "The quote price is simply the last price at which a trade completed."}
{"_id": "571016", "title": "", "text": "Your strategy of longing company(a) and shorting company(b) is flawed as the prices of company(a) and company(b) can both increase and though you are right , you will lose money due to the shorting strategy. You should not engage in pair trading , which is normally used for arbitrage purposes You should just buy company(a) since you believed its a better company compared to company(b) , its as simple as that"}
{"_id": "571018", "title": "", "text": "People used to afford 3 bedrooms home with 2.5 kids on minimum wage. That's what we're used to.  Of course humans are very adaptable, some could live with two bowls of rice before sleeping on the factory floor between their 16 hours shifts. On the other hands, some people think it would be a better idea to just eat the people who are capturing all the value of their labours."}
{"_id": "571044", "title": "", "text": "If you have no immediate need for the money you can apply the Rule of 72 to that money.  Ask your parent's financial advisor to invest the money.  Based on the rate of return your money will double like clockwork. At 8% interest your money will double every 9 years.  45 years from now that initial investment will have doubled 5 times.  That adds up pretty fast.  Time is your best friend when investing at your age. Odds are you'll want to be saving for a college education though.  Graduating debt free is by far the best plan."}
{"_id": "571062", "title": "", "text": "If this is a business expense - then this is what is called reimbursement. Reimbursement is usually not considered as income since it is money paid back to you for an expense you covered for your employer with your after-tax money. However, for reimbursement to be considered properly executed, from income tax stand point, there are some requirements. I'm not familiar with the UK income tax law specifics, but I reason the requirements would not differ much from places I'm familiar with: before an expense is reimbursed to you, you should usually do this:  Show that the expense is a valid business expense for the employer benefit and by the employer's request. Submit the receipt for reimbursement and follow the employer's procedure on its approval. When income tax agent looks at your data, he actually will ask about the \u00a31500 tab. You and you'll employer will have to do some explaining about the business activity that caused it. If the revenue agent is not satisfied, the \u00a3750 that is paid to you will be declared as your income. If the required procedures for proper reimbursement were not followed - the \u00a3750 may be declared as your income regardless of the business need. Have your employer verify it with his tax accountant."}
{"_id": "571093", "title": "", "text": "The 1.09% is per year, not per month. Not too bad for a regular savings, but it's just interest rates in general that are bad right now. The inflation rate should be 3.8% currently so if you hide your money in a bank you'll end up with a loss of 2% in buying power in a year... If you open an CD (Certificate of Deposit), the best APY would be around 2.2% for a 5 years one and you will still get hit by the inflation. You might want to invest those money somewhere else and in some other ways. The stock market might give you excellent entry points soon (if not right now) but since you're very young and inexperienced I strongly recommend to do tons of research and ask for advice from experienced people before you jump into these kind of things by yourself."}
{"_id": "571094", "title": "", "text": "The GD Singapore casino is not only one of the most complete and best equipped online casinos, it is also one of the most active. Week after week we have special tournaments, extra bonuses and promotions. There is always something special going on in the GD Singapore Online casino. Here the rhythm marks you. It ended up having to adjust to the schedules of others. The GD Singapore online casino is permanently open, 24 hours a day, all year round. You decide when and where to play."}
{"_id": "571097", "title": "", "text": "To boil down what mgkrebbs said: Yes, you should send back the form, provided that it doesn't ask for any more information than address, current telephone number, and email address.  Don't ever, ever provide any bank account information. Nor social security number unless you're absolutely positive of the validity of the requestor. Phishing via regular mail is very rare.  It's way expensive compared to email, which is basically free, plus the U.S. Postal Service takes mail fraud fairly seriously (and has the legal statutes to prosecute).   So: don't obsess; send the form back."}
{"_id": "571116", "title": "", "text": "\"The risk of market orders depends heavily on the size of the market and the exchange. On big exchange and a security which is traded in hue numbers you're likely that there are enough participants to give you a \"\"fair\"\" price. Doing a market order on a security which is hardly dealed you might make a bad deal. In Germany Tradegate Exchange and the sister company the bank Tradegate AG are known to play a bit dirty: Their market is open longer than Frankfurt (Xetra) and has way lower liquidity. So it can happen that not all sell or buy orders can be processes on the Exchange and open orders are kept. Then Tradegate AG steps in with a new offer to full-fill these trades selling high or buying low. There is a German article going in details on wiwo.de either German or via Google Translate\""}
{"_id": "571124", "title": "", "text": "\"According to Wikipedia this is still a wash sale: In the USA wash sale rules are codified in \"\"26 USC \u00a7 1091 - Loss from   wash sales of stock or securities.\"\" Under Section 1091, a wash sale occurs when a taxpayer sells or trades   stock or securities at a loss, and within 30 days before or after the   sale:\""}
{"_id": "571131", "title": "", "text": "\"Look into the definition of \"\"primary residence\"\" for your jurisdiction(s). In some states, living in the home for 183 days qualifies it as your primary residence for the entire year.\""}
{"_id": "571136", "title": "", "text": "Truth is, doctors are paid too much. Why a doctor in India is paid $10000/year, relocates to USA, and magically becomes a wizard worth x20 more? Anyone can be a doctor, you don't need any special talents, creativity or out of the charts IQ. All you need is to memorize all the organs and all the drugs. Even this is questionable in the age of Google and Dr. Watson. But no politician will touch the subject with a 10-foot pole."}
{"_id": "571142", "title": "", "text": "Post-tax (i.e. non-retirement account) investing is nothing to ignore. You don't mention a spouse, so for a start, you still have the $5500 to put in an IRA.  The remaining investment funds will earn dividends, if any, at a tax preferred rate, and then the gain on sale will be taxed at 15% if the code doesn't change again. The gains accumulate tax deferred, and you control the timing of the sale. With a 401(k) all withdrawal are taxable as income. In your case, just the gain is taxed at a potential long term cap gain rate. Hopefully the new job pays more than the old one and the loss of 401(k) is compensated."}
{"_id": "571143", "title": "", "text": "I wouldn't want to have a house no matter where I live. So I am more than OK with always living in an apartment. We live in a really nice place right now.  My husband is pretty up-to-date on how the country is running and he would be telling me if he were at all concerned about the state of things. Which he isn't... at least not anymore than when I first met him.  So, while I am sure that I will always be middle class... I am OK with that. And perhaps Americans do earn 20% more than Germans but they also pay a lot more for things that Germans do not pay as much for.  Edit: Also, my husband's grandfather was one of the leading historians in germany until he died in 2009. His grandparents were very well off. His parents were poor while he grew up. My husband is on his way to being a partner in an expanding business (he does programming) and his brother is a Pharmacist.  By this time in a year or so from now the amount of money my husband earns will double."}
{"_id": "571160", "title": "", "text": "this is absolutely correct.Take the very simplest of fast food - Subway - and try to automate it.  You will get some sort of 3D printer type device.  It makes no sense.. there is no way it can work. There is no way you can deliver made-to-order food with a computer right now, not even close.   Also, ask yourself, do you want a robot-made pizza in an era of farm-to-table organic free-range etc?"}
{"_id": "571172", "title": "", "text": "&gt; was it too hard for the server to catch the wings that obviously looked uncooked  Servers almost never bring the food out at places like this.  There is a person on the line that plates the food that was made and another person to bring out the order.  Sometimes that second person is the server but most of the time it isn't.  It does sound like you got bad service from the server though.  I honestly don't know why servers exist at places like this.  Just let me order from a terminal and have the person bring out the food."}
{"_id": "571178", "title": "", "text": "I am not an expert in mattes of amending returns, but from what I heard you are allowed to go back four or five years and amend your returns (we are talking the American IRS here, right?). If they realized all this after that much time, it seems strange. I am wondering if something was left out of the story..."}
{"_id": "571181", "title": "", "text": "\"How should I allocate short-term assets in a rising-interest rate   environment? Assuming that the last part is correct, there could be bear bond funds that short bonds that could work well as a way to invest. However, bear in that the the \"\"rising-interest rate environment\"\" is part of the basis that may or may not be true in the end as I'm not sure I've seen anything to tell me why rates couldn't stay where they are for another couple of years or more. Long-Term Capital Management would be a cautionary tale before about bonds that had assumptions that backfired when something that wasn't supposed to happen, happened. Thus, while you can say there is \"\"rising-interest rate environment\"\" what else are you prepared to assume and how certain are you of that happening? An alternate theory here would be that \"\"junk bonds\"\" may do well because the economy has to be heating up for rates to rise and thus the bonds that are priced down so much because of default risk may turn out to not go bust and thus could do well. Course this would carry the \"\"Your mileage may vary\"\" and without a working time machine I couldn't say which funds will be good and which would suck. As for what I would do if I was dealing with my own money: Money market funds and CDs would likely be my suggestion for the short-term where I want to prevent principal risk. This is likely what I would do if I believed the rising rate environment is here.\""}
{"_id": "571198", "title": "", "text": "\"I think you're right that from a pure \"\"expected future value\"\" perspective, it makes sense to pay this loan off as quickly as possible (including not taking the next year's loan). The new student loans with the higher interest rates have changed the balance enough that it's no longer automatically better to keep it going as long as possible. The crucial point in your case, which isn't true for many people, is that you will likely have to pay it off eventually anyway and so in terms of net costs over your lifetime you will do best by paying it off quickly. A few points to set against that, that you might want to consider: Not paying it off is a good hedge against your career not going as well as you expect, e.g. if the economy does badly, you have health problems, you take a career break for any reason. If that happens, you would end up not being forced to pay it off, so will end up gaining from not having done so voluntarily. The money you save in that case could be more valuable to you that the money you would lose if your career does go well. Not paying it off will increase your net cash earlier in life when you are more likely to need it, e.g. for a house deposit. Having more free cash could increase your options, making it possible to buy a house earlier in life. Or it could mean you have a higher deposit when you do buy, reducing the interest rate on the entire mortgage balance. The savings from that could end up being more than the 6% interest on the loan even though when you look at the loan in isolation it seems like a very bad rate.\""}
{"_id": "571203", "title": "", "text": "Companies are expected to make a profit, otherwise there is no point to their existence and no motivation for investment. That profit comes back to shareholders as growth and/or dividend. If a company is doing well and has a healthy profit to turn back into investment to facilitate increased future earnings, it increases shareholder equity and share price. If a company is doing well and has a healthy profit to pay out in dividend, it makes the shares more attractive to investors which pushes the price up. Either way, shares go up. Share prices drop when companies lose money, or there are market disturbances affecting all companies (recessions), or when individual companies fail. Averaged over all companies over the long term (decades), stocks can be reasonably expected to go up."}
{"_id": "571217", "title": "", "text": "\"The vanguard funds are all low fee your employer has done a good job selecting their provider for 401(k).  I would do a roth if you can afford it as taxes are at a historical low.   Just pick the year you want to get your money if you will need your money in 2040 pick  Vanguard Target Retirement 2040 Fund. Its that simple. This is not a \"\"thing\"\" ( low-risk, and a decent return ).  Risk and reward are correlated.   Get the vanguard and every year it rebalances so that you take less risk every year. Lastly listen to the Clark Howard podcast if you are having trouble making decisions or contact their 45 hour a week free advice email/phone help.\""}
{"_id": "571218", "title": "", "text": "Congratulations! You're making enough money to invest. There are two easy places to start: I recommend against savings accounts because they will quite safely lose your money: the inflation rate is usually higher than the interest rate on a savings account. You may have twice as much money after 50 years, but if everything costs four times as much, then you've lost buying power. If, in the course of learning about investing, you'd like to try buying individual stocks, do it only with money you wouldn't mind losing. Index funds will go down slightly if one of the companies in that index fails entirely, but the stock of a failed company is worthless."}
{"_id": "571228", "title": "", "text": "I see you have insider information about the trial, or a crystal ball.    If you read my comment, I didn't say I condone fraud, but that putting a relatively high price floor on unskilled labor will result in avoidance and evasion."}
{"_id": "571232", "title": "", "text": "There's an interesting idea. Everyone gets one patent: The secret sauce of their business, whatever that may be.  So if Amazon wants to have protection for one-click in the product they offer, they cannot claim patent violations on anything else that they may want to have a stake in."}
{"_id": "571234", "title": "", "text": "P/E ratio is useful but limited as others have said. Another problem is that it doesn't show leverage. Two companies in the same industry could have the same P/E but be differently leveraged. In that case I would buy the company with more equity and less debt as it should be a less risky investment. To compare companies and take leverage/debt into account you could use the EV/EBIT ratio instead. Its slightly more complicated to calculate and isn't presented by as many data sources though. Enterprise Value (EV) can be said to represent the value of the company if someone would buy it today and then pay off all its (interest bearing) debt. EV is essentially calculated like this: (Market Capitalization plus cash & cash equivalents)  minus interest-bearing debt.  This is then divided by EBIT (Earnings before interest and tax) to get the ratio. One drawback of this ratio though is that it can't be used for financials since their balance sheet pretty much consists of debt and the Enterprise Value therefore doesn't tell us very much. Also, like the P/E ratio it is dependent on fresh numbers. A balance sheet is just a glimpse of the companys financial situation on ONE DAY, and this could (and probably will, although not drastically for bigger companies) change to the next day."}
{"_id": "571246", "title": "", "text": "To confirm: you say you have credit card debt of $18,000 with min. repayment of $466.06, plus on top of this you are also paying off a car loan and another personal loan. From my calculations if your monthly interest on your credit card is $237, the interest on your credit card should be about 15.8% p.a. Is this correct? Balance Transfer If you did a balance transfer of your $18,000 to a new credit card with 0% for 14 months and keep your repayments the same ($466) you would have saved yourself a bit over $3020 in interest over those 14 months. Your credit card balance after 14 months would be about $11,471 (instead of $14,476 with your current situation). If your interest after the 14 months went back to 15.8%  you would be able to pay the remaining $11,471 in 2.5 more years (keeping repayments at $466), saving 10 months off your repayments and a total of $4,781 in interest over 3 years and 8 months. The main emphasis here is that you are able to keep your repayments at least the same so you are able to pay off the debt quicker, and that your interest rate on the new credit card after the 14 months interest free is not more than your current interest rate of 15.8%. Things you should be careful about if you take this path: Debt Consolidation In regards to a Debt Consolidation for your personal loan and credit card (and possibly your car loan) into a single lower interest rate loan can be a good idea, but there are some pitfalls you should consider. Manly, if you are taking out a loan with a lower interest rate but a longer term to pay it off, you may end up paying less in monthly repayments but will end up paying more interest in the long run. If you do take this course of action try to keep your term to no longer than your current debt's terms, and try to keep your repayments as high as possible to pay the debt off as soon as possible and reduce any interest you have to pay. As you already have you credit card and personal loan with CBA talk to them to see what kind of deal they can give you. Again be wary of the fine print and read the PDS of any products you are thinking of getting. Refer to ASIC - Money Smart website for more valuable information you should consider before taking out any debt consolidation. Other Action You Can Take If you are finding that the repayments are really getting out of hand and no one will help you with any debt consolidation or reducing your interest rates on your debts, as a last resort you can apply for a Part 9 debt agreement. But be very careful as this is an alternative to bankruptcy, and like bankruptcy a debt agreement will appear on your credit file for seven years and your name will be listed on the National Personal Insolvency Index forever. Further Assistance and Help If you have trouble reading any PDS, or want further information or help regarding any issues I have raised or any other part of your financial situation you can contact Centrelink's Financial Information Service. They provide a free and confidential service that provides education and information on financial and lifestyle issues to all Australians."}
{"_id": "571248", "title": "", "text": "It's rather evident that, despite the nay-sayers, food prices will go down due to this deal. Amazon is laser-focused on two things: making things cheaper and getting things to you faster. They've developed/ are developing a strong base of knowledge and development in machine learning, robotics, and blockchain, which would greatly facilitate these two tasks. However, as stated in the article, this will not have a significant effect on inflation due to the fact that the economy makes up for it in other respects (*cough* rising tuition and oil prices *cough*). It's interesting to note that food inflation was warned against by several experts within the past two years but this deal might change that (see: https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings.aspx )."}
{"_id": "571258", "title": "", "text": "Please get a view of professional. The DTAA between US and Romaina says both can tax the Dividends. Dividends    (1) Dividends paid by a corporation of one of the Contracting States to a resident of the other Contracting State may be taxed by both Contracting States.    (2) The rate of tax imposed by the first-mentioned Contracting State on such dividends shall not exceed 10 percent of the gross amount of the dividend.    (3) Paragraph (2) shall not apply if the recipient of the dividends, being a resident of one of the Contracting States, has a permanent establishment in the other Contracting State and the shares with respect to which the dividends are paid are effectively connected with such permanent establishment. In   such a case, paragraph (6) of Article 7 (Business Profits) shall apply. Edit: Quite often the wordings are tricky, hence a opinion of qualified professional is recommended. Also realize that UK and Romania are part Euro Zone. This means there are quite a few EU laws that govern taxation and DTAA relevance may be less."}
{"_id": "571265", "title": "", "text": "While I'm not an accountant, this is how I do this for my personal   accounting: Note, if you don't want the expense to take effect right away meaning   it'll affect your Profits, then the transaction date here needs to be   something in the future, then when you hit that date and the bill is   still not paid, you just unpost the bill and repost again with a new   date . So you end up with something like the following:   4. Now you post the invoice to Liabilities:Accounts Payable:The Cable Company, the invoice due date should reflect what you had in the invoice. This is important as gnucash will warn you that your bill is due if you want to pay it every time it starts:  When you're ready to pay the bill, just find the bill and click pay invoice. If it's already paid and you imported transactions from your bank, find the transaction then right click and click assign as payment then choose your invoice. Note: I've being using this to also record cheques that are given to   people but not cashed yet. I hope that helps."}
{"_id": "571281", "title": "", "text": "There will be none of the problems related to privatizing roads if roads simply don't get privatized. I mean, in principle, if someone owns certain highways leading to a certain place and these highways are the only available roads to reach that place, doesn't that mean that the owner can basically refuse passage to people who they simply don't want to pass for whatever reason? Privatizing public infrastructure is such a dangerous idea."}
{"_id": "571288", "title": "", "text": "I wonder if Disney will blow this by keeping their movies in a kind of weird release rotation so that you can't just watch all of the classics at once and not having the TV content that people want. Seems like a high probability of them filling it up with \u201cOriginal movies, TV shows, [and] short-form content\u201d made especially for the service, the straight to video sequels to movies, and their very latest DVD releases for a very limited time (as the only things that anyone actually wants)."}
{"_id": "571294", "title": "", "text": "\"One cannot apply a \"\"one size fits all\"\" approach to any and all economic situations.  We are currently in a recession/depression/whatever due to a lack of demand.  Please tell me what would be the best way to get out of this particular scenario.\""}
{"_id": "571295", "title": "", "text": "\"You have figured out most of the answers for yourself and there is not much more that can be said. From a lender's viewpoint,  non-immigrant students applying for car loans are not very good risks because they are going to graduate in a short time (maybe less than the loan duration which is typically three years or more) and thus  may well be leaving the country before  the loan is fully paid off. In your case, the issue is exacerbated  by the fact that your OPT status is due to expire in about one year's time. So the issue is not whether you are a citizen, but whether the lender can be reasonably sure that you will be gainfully employed and able to make the loan  payments until the loan is fully paid off. Yes, lenders care about work history and credt scores but they also care (perhaps even care more) about the prospects for steady employment and ability to make the payments until the loan is paid off.  Yes, you plan on  applying for a H1-B visa but that is still in the future and whether the visa status will be adjusted is still a matter with uncertain outcome. Also, these are not matters that can be explained easily in an on-line application, or in a paper application submitted by mail to a distant bank whose name you obtained from some list of \"\"lenders who have a reliable track record of extending  auto loans to non-permanent residents.\"\" For this reason, I  suggested in a comment that you consider applying at a credit union,  especially if there is an Employees' Credit Union for those  working for your employer. If you go this route, go talk to a loan officer in person rather than trying to do this on the phone. Similarly, a local bank,and especially one where you currently have an account (hopefully in good standing), is more likely to be willing to work with you.  Failing all this, there is always the auto dealer's own loan offers of financing.  Finally, one possibility that you might  want to consider is whether a one-year lease might work for you instead of an outright purchase, and you can buy a car after your visa issue has been settled.\""}
{"_id": "571306", "title": "", "text": "There is no one answer to this question, but there are some generalities. Most exchanges make a distinction between the passive and the aggressive sides of a trade.  The passive participant is the order that was resting on the market at the time of the trade.  It is an order that based on its price was not executable at the time, and therefore goes into the order book.  For example, I'm willing to sell 100 shares of a stock at $9.98 but nobody wants to buy that right now, so it remains as an open order on the exchange. Then somebody comes along and is willing to meet my price (I am glossing over lots of details here).  So they aggressively take out my order by either posting a market-buy, or specifically that they want to buy 100 shares at either $9.98, or at some higher price. Most exchanges will actually give me, as the passive (i.e. liquidity making) investor a small rebate, while the other person is charged a few fractions of a cent.  Google found NYSEArca details, and most other exchanges make their fees public as well.  As of this writing the generic price charged/credited: But they provide volume discounts, and many of the larger deals do fall into another tier of volume, which provides a different price structure."}
{"_id": "571327", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/07/18/A-Crude-Shock-Explaining-the-Impact-of-the-2014-16-Oil-Price-Decline-Across-Exporters-44966) reduced by 62%. (I'm a bot) ***** &gt; The decline in oil prices in 2014-16 was one of the sharpest in history, and put to test the resilience of oil exporters.  &gt; We examine the degree to which economic fundamentals entering the oil price decline explain the impact on economic growth across oil exporting economies, and derive policy implications as to what factors help to mitigate the negative eects.  &gt; Within this group of countries, the impact of the shock is not found to be related to the size of oil exports, or the share of oil in scal revenue or economic activity.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o5byg/imfa_crude_shock_explaining_the_impact_of_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170095 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **oil**^#1 **export**^#2 **IMF**^#3 **view**^#4 **economic**^#5\""}
{"_id": "571348", "title": "", "text": "Seems the journalistic DDOS attack worked on you. When we're flooded with crap it makes it very hard to filter out the noise. The goal isn't to change our minds, but to have us grow to think it's all garbage. There's still great journalism out there, it's just more drowned out by a huge volume of idiocracy."}
{"_id": "571349", "title": "", "text": "I believe it\u2019s because the old ticker machines only had 32 symbols making each symbol (1/32) a tick. (Back in the London Stock / Debt exchange in the 18th century) . The first ever government bond was issued by the Bank of England in 1693 to raise money to fund a war against France"}
{"_id": "571362", "title": "", "text": "Purchase capital asset (deductible expense). Sell capital asset next year, then use the proceeds of the sale to pay your employees.  Unless you buy in a quickly gentrifying area you'll have a fair amount of unrecoverable expenses like closing costs, repairs, etc that you won't make up with an increase in property value. Plus property taxes, utilities, etc. And who knows how quickly you can sell the place, might end up with a bloated useless asset and no money to pay employees. And in an audit an asset purchased with no actual use to the business will get disallowed.  Either retain the earnings and take the tax hit, or make a deal with your employees to pre pay them their next year's salary. Of course if you fire someone or they quit good luck getting the overpaid portion back."}
{"_id": "571371", "title": "", "text": "Eh that's what I thought.  Makes sense given how much mail they probably receive and how busy they are.  Just looking for new ways to network with people at that level, considering I knew emails were filtered.  Someone high up at an investment bank I know said he gets a lot of emails that get unread/deleted, but he opens all his own mail so it's a good way to get someone's attention.  Wasn't sure if it was applicable at this level, guess not.  That's quite a bit of walls to get through to reach someone haha.  What would you recommend to reach these types for business networking?"}
{"_id": "571373", "title": "", "text": "Are you slow or what? Under his watch, the national debt has gone down 12 billion...but yeah, Obama just increased the national debt by 9+ TRILLION dollars. I get downvoted for pointing out trump decreased it. HAHA.   http://www.businessinsider.com/national-debt-deficit-added-under-president-barack-obama-2017-1"}
{"_id": "571382", "title": "", "text": "Parties are source of happiness and merrymaking, whether they are birthday parties for girls in Houston and Katy,\u00a0or back to school parties, or just a party to surprise your daughter. It is not important factor how big or small a party is as long as the fun quotient is maintained throughout the length of the party. If you are ready to throw a party for your daughter and her BFFs\u200a\u2014\u200aSpa on Wheels would be the best idea for you!"}
{"_id": "571388", "title": "", "text": "Lyft isn't farther behind because they want to take care of their employees, they're farther behind because they've raised less money, because they were second to market. Both are running at a loss trying to grow, but Uber's got more cash so it has expanded farther. Lyft has taken the high road to build its brand and because Uber's made it easy. Uber has branched out into other service (parcel and food delivery) in order to build its brand and grow further. Both companies realize they're in a commodity industry - there is little non-price differentiation in the service provided - and they need to achieve massive scale so that they can start to turn a profit. But right now, it's Uber's game to lose, at least between the two of them. Somebody else getting a large lead in self driving cars could crush both of them pretty quickly."}
{"_id": "571394", "title": "", "text": "It's most common to have people threatened and roughed up by hired thugs. There was some FX trading firm in Shanghai that was stormed by thugs and people were held hostage. Took the police an unusually long time to respond, and even then, they didn't seem too concerned."}
{"_id": "571412", "title": "", "text": "Get a checking account with Ally Bank. They refund all ATM fees from within the US, so effectively, every ATM transaction will have no surcharge."}
{"_id": "571418", "title": "", "text": "\"I, too, have worked in both small and large companies; I started with the small ones and am currently at a big one. I agree with all of your points about the upside of working for small companies. Some of the upsides I find at the big company where I work are:  - there are people around you that know more than you do. There is a huge opportunity to learn from them, which is a lot harder when you're the lone expert at a 5-person company (you rely on whatever you can scrape up from the internet, etc.). Most people learn faster with good mentoring.  - there is money to spend on things that you need. No raised eyebrows from the CEO when you say that you need a $20 lamp for your desk, or even more serious issues like adequate hardware for what you need to do, getting tools you need, etc. (Less of an issue at a VC-funded startup, until the money starts running low.)  - there are entire teams that help with things like documentation, customer support, sales, tools, and other things, which frees me up to do what I'm good at, which is making software.  I remember reading some advice a while ago that still rings true to me, which is that there isn't a single \"\"right\"\" place to work (small/large, etc.); the right thing to do is get experience with a variety of different environments - in the end you'll be stronger for it.\""}
{"_id": "571430", "title": "", "text": "It also depends on where you work. If you move your home and your job then the date you establish residency in the new state is the key date. All income before that date is considered income for state 1, and all income on or after that date is income for state 2.  If there is a big  difference in income you will want to clearly establish residency because it impacts your wallet. If they had the same rates moving wouldn't impact your wallet, but it would impact each state. So make sure when going from high tax state to low tax state that you register your vehicles, register to vote, get a new drivers license... It becomes more complex if you move your home but not your job. In that case where you work might be the deciding factor. Same states have agreed that where you live is the deciding factor; in other cases it is not. For Virginia, Maryland, and DC you pay based on where you live if the two states involved are DC, MD, VA. But if you Live in Delaware and work in Virginia Virginia wants a cut of your income tax.  So before you move you need to research reciprocity for the two states. From Massachusetts information for Nonresident and Part-Year Resident Income, Exemptions, Deductions and Credits Massachusetts gross income includes items of income derived from   sources within Massachusetts. This includes income: a few questions later: Massachusetts residents and part-year residents are allowed a credit   for taxes due to any other jurisdiction. The credit is available only   on income reported and taxed on a Massachusetts return. Nonresidents   may not claim the taxes paid to other jurisdiction credit on their   Massachusetts Form 1-NR/PY. The credit is allowed for income taxes paid to: The credit is not allowed for: taxes paid to the U.S. government or a   foreign country other than Canada; city or local tax; and interest and   penalty paid to another jurisdiction. The computation is based on comparing the Massachusetts income tax on   income reported to the other jurisdiction to the actual tax paid to   the other jurisdiction; the credit is limited to the smaller of these   two numbers. The other jurisdiction credit is a line item on the tax form but you   must calculate it on the worksheet in the instruction booklet and also   enter the credit information on the Schedule OJC. So if you move your house to New Hampshire, but continue to work in Massachusetts you will owe income tax to Massachusetts  for that income even after you move and establish residency in New Hampshire."}
{"_id": "571433", "title": "", "text": "A much less verbose answer is.  Don't worry about buying low.  You have a whole lifetime to dollar cost average your retirement dollars."}
{"_id": "571458", "title": "", "text": "I took it after I'd only taken one finance class and was in the process of taking another. I did below average on the subjects I hadn't taken classes in (corp, investment banking) and above average in the classes I had taken/was currently taking (financial statement analysis, economics, math, verbal, others). It's pretty straight forward, if you've taken classes on the subjects that are covered then you should do above average on them all unless you just didn't pay attention and got C's. I don't remember my final score because it was over a year ago but I do remember it was above average, but not by much, which was disappointing to myself, but expected because of my lack of practical finance knowledge at the time."}
{"_id": "571470", "title": "", "text": "Playing devils advocate here (and I haven't studied GEs financials, so damn I've got to look at that pension).    It could be that Immeltz(sp) and management don't want to risk getting removed, and ultimately they feel they can guide GEs transformation to make it a better company and eventually decrease the funding shortfall. Thus placate the shareholders temporarily while changing the business."}
{"_id": "571472", "title": "", "text": "1) On QE 3. Karl Denninger has a good graphic to illustrate the potential. Looking to short long bond if it comes. http://market-ticker.org/akcs-www?get_gallerynr=3108  From his article: http://market-ticker.org/akcs-www?blog=Market-Ticker&amp;page=2   2) SP could bounce around 1250, if that doesnt hold look for 1200, then 1150 http://finviz.com/fut_chart.ashx?t=ES&amp;cot=138741,13874A&amp;p=d1  3)There could be a bounce in silver if $28 level holds http://finviz.com/fut_chart.ashx?t=SI&amp;cot=084691&amp;p=w1"}
{"_id": "571487", "title": "", "text": "\"It is my opinion that part of having a successful long-term relationship is being committed to the other person's success and well-being. This commitment is a form of investment in and of itself. The returns are typically non-monetary, so it's important to understand what money actually is. Money is a token people exchange for favors. If I go to a deli and ask for a sandwich. I give them tokens for the favor of having received a sandwich. The people at the deli then exchange those tokens for other favors, and that's the entire economy: people doing favors for other people in exchange for tokens that represent more favors. Sometimes being invested in your spouse is giving them a back rub when they've had a hard day. The investment pays off when you have a hard day and they give you a back rub. Sometimes being invested in your spouse is taking them to a masseuse for a professional massage. The investment pays off when they get two tickets to that thing you love. At the small scale it's easy to mostly ignore minor monetary discrepancies. At the large scale (which I think \u00a350k is plenty large enough given your listed net worth) it becomes harder to tell if the opportunity cost will be worth making that investment. It pretty much comes down to: Will the quality-of-life improvements from that investment be better than the quality-of-life improvements you receive from investing that money elsewhere? As far as answering your actual question of: How should I proceed? There isn't a one-size fits all answer to this. It comes down to decisions you have to make, such as: * in theory it's easy to say that everyone should be able to trust their spouse, but in practice there are a lot of people who are very bad at handling money. It can be worthwhile in some instances to keep your spouse at an arms length from your finances for their own good, such as if your spouse has a gambling addiction. With all of that said, it sounds like you're living in a \u00a31.5m house rent-free. How much of an opportunity cost is that to your wife? Has she been freely investing in your well-being with no explicit expectation of being repaid? This can be your chance to provide a return on her investment. If it were me, I'd make the investment in my spouse, and consider it \"\"rent\"\" while enjoying the improvements to my quality of life that come with it.\""}
{"_id": "571533", "title": "", "text": "This is bad statistics. If you look at people who jumped ship, of course you're going to see bigger increases in salary because you're not counting those that looked for a new job and didn't find a better offer. They stayed put.  People are complacent but companies are, too. Employers aren't putting a lot of effort into firing bad employees as soon as they can. So there are employees that aren't jumping ship and could be paid more but there are also employees that should be kicked off the ship and paid less, but aren't.  All that said, staying put is easier than moving and there's a price for it. If you're willing to move around, you might do better. Might not. If you only look around at the ones that did move, of course it's going to look like they did better!"}
{"_id": "571539", "title": "", "text": "Most individuals do not need a personal financial advisor. If you are soon entering the world of work, your discretionary investments should be focused on index funds that you commit to over the long run. Indeed, the best advice I would give to anyone just starting out would be: For most average young workers, a financial advisor will just give you some version of the information above, but will change you for it. I would not recommend a financial advisor as a necessity until you have seriously complicated taxes. Your taxes will not be complicated. Save your money."}
{"_id": "571550", "title": "", "text": "I have never seen any of my mobile phone providers report any data to any credit agency. They tend to only do that if you don't pay on time. Maybe sometimes it helps, but from my experience over the last decade - it must be some very rare times."}
{"_id": "571553", "title": "", "text": "Here you go, as promised - http://www.nytimes.com/2012/10/23/sports/cycling/armstrong-stripped-of-his-7-tour-de-france-titles.html?hp  Of course, we can side with one man who has refused to provide any proof, other than his word. Or we can look at all the evidence provided by his teammates, spouses and others in the retinue."}
{"_id": "571567", "title": "", "text": "I think that a prepaid card would have more risk for loss than a traditional credit card.  I've had a various credit cards for about the last 20 years. In all that time, I haven't lost a penny due to fraud. Of course, I've had some fraudulent charges show up, I've had merchants charge too much, and I've had my card number stolen. In every case, my bank has been able to undo any damage and issue me a new card number, if necessary. I really don't spend any time worrying about credit card security, other than checking my statement each month. Security is the bank's problem, not mine.  Prepaid cards are often anonymous. If you are using an anonymous card, how can the bank verify that you are the owner of the card and that you did not make a certain charge? I think, with this type of card, you are very much at risk for losing whatever you have loaded on the card to fraudulent charges."}
{"_id": "571579", "title": "", "text": "At a very high-level, the answer is yes, that's a good idea. For money that you want to invest on the scale of decades, putting money into a broad, market-based fund has historically given the best returns. Something like the Vanguard S&P 500 automatically gives you a diverse portfolio, with super low expenses. As it sounds like you understand, the near-term returns are volatile, and if you really think you might want this money in the next few years, then the stock market might not be the best choice. As a final note, as one of the comments mentioned, it makes sense to hold a broad, market-based fund for your IRA as well, if possible."}
{"_id": "571599", "title": "", "text": "what he is claiming is that it would be cheaper on the city to have a bucket collector, like some toll roads have.  Of course he isnt providing any evidence, it just fits his preconceived notions that the worker sucked and that a bucket will be cheaper.  and while a bucket doesnt have overtime pay, much less any pay, it doesnt catch people cheating, or breaking in, and  it probably has a much much much higher installation costs. I dont have the numbers and not going to try to claim that a human is cheaper and better. But you shouldnt just agree with dkinmn because it feels right. You have to actually secure them baskets, add electronics to them.. etc. It isnt cheap as putting a bucket out there and hoping no one takes the money."}
{"_id": "571614", "title": "", "text": "\"&gt;  Firstly, comparing debt to GDP is comparing a stock to a flow, you're committing a transgression that is warned about in Econ 101.  Perhaps you should learn a bit more.  He's talking bonds not stocks ... and even with stocks you've got a dividend discount model for establishing fair value (sum of discounted dividend flows = fair value of the company), etc..  With regard to the size of debt, you need to consider 3 things:  current interest expense (as a % of both GDP and Income (taxe revenue)), refinance cost ( change in interest expense if total debt is refinanced at current rates), and the first derivative of interest expense w.r.t. current yields.  This helps one understand the probability of a \"\"death spiral\"\" such as what was experienced in Greece (et. al.) where it was *impossible* to make debt payments at refinance rates.  The fact is that with US interest expenses on the debt of  $450B/year this is 13.5% of all government revenue.  If you factor in the interest expenses with even slightly higher yields ... one sees that you can quickly get a debt crisis.  If Trump gives as large a tax cut as he has promised, it has a much higher prospect of a debt death spiral.  Do the math.\""}
{"_id": "571620", "title": "", "text": "The three sites mentioned in the second link are all professional trading workstations, not public web sites. There may not be free quotes available."}
{"_id": "571625", "title": "", "text": "\"I can't find a citation, but from memory (EDIT: and reading the newspapers at the time it happened): up until around 1980, banks couldn't cross state borders.  In my state, at least, they were also very local, only staying within one county. This was to enforce \"\"localness\"\", the thought being that local bankers would know local people and the local situation better than far away people who only see numbers and paperwork.\""}
{"_id": "571662", "title": "", "text": "They may not have been solely responsible -- but they were responsible. The point of the ad is to help make amends for the economic and environmental damage they did to the Gulf. Let's not paint this as something its not: the only reason BP is doing any of this is because their business created the problem in the first place."}
{"_id": "571669", "title": "", "text": "\"I like to turn it into a bit of a joke. Like \"\"yeah right, like I'd spill the beans! What's your next question? How much we pay our engineers!!\"\" Then laugh and smile, if you have a really good \"\"guys\"\" type relationship you can do a bit of a sholder punch.  Play it off like a spy vs spy type thing. Like how bond can share a drink with the enemy.\""}
{"_id": "571671", "title": "", "text": "$260k mortgage is pretty high for $80k salary alone -- if you have expensive tastes, be prepared to tune them down. The make or break for you will be taxes and other recurring fees. If property taxes are trending higher than inflation in your area, you'll have trouble down the line. Decisions like this are really market driven, and I don't know much about Salt Lake City. In general, condo values get punished relative to single-family homes during bad market conditions. So if this is a really nice condo in a good building in a desirable part of the city you're probably going to see the value of the property increase as the general economy improves. If the property is good, go for it."}
{"_id": "571677", "title": "", "text": "Hey, I'm  sure its been asked before and I've read around a bit online, but wondering your guys opinion...   You could say I was sort of a late bloomer in terms of maturity/awareness. Well, regardless, I've found myself extremely interested in stocks and options and would love to get a CFA some day (like most other people on this sub). Only problem is, I'm not nearly qualified on paper for a career in finance at this point.   I work in a back office support center of one of the largest insurance companies in the world. I began interning there a little over a year ago, made myself familiar with all their products, taught myself tons of concepts etc. I got Bloomberg Certified (not that thats an accomplishment or anything). So I think I have a decent understanding of concepts/valuation. But I don't have any formal modeling experience, though I have played around in Excel a bit. I studied abroad spring semester of last year and interned at a strategic communications firm that worked closely with private companies, which I thoroughly researched along with legislation, policy, etc.   I'm wondering what, if any, options I have to transition to a career in finance. I'd assume MBA so far based on my reading, but I'm wondering if anyone thinks I could make a half decent case for say, an entry-level equity research role. I'm based out of the greater New York area though, which probably doesn't help my odds.   I know I have a lot left to learn still, but I think I am actually interested for the right reasons - I love the markets. I think I know how to research/analyze decently and could do the job. But I know I'm not a compelling candidate on paper.   Any ideas for breaking in? Or should I just sit tight for a few years, get my MBA and try to transition then?"}
{"_id": "571681", "title": "", "text": "You create products and services that aren't tied to your personal hours worked. They generate income, like a golden egg. They need various amounts of care, but in general, they have a positive return on time spent on it. The returns can be 1000x even, like the one man who created flappy bird. Luck helps too, in those cases :)  The author of that article, on the other hand, is selling his time, not a product. That doesn't scale well, especially if you're one human."}
{"_id": "571685", "title": "", "text": "First, business turns into socialism because of heavy government regulation, trusts, collusion, corruption, lobbying, I could go on but I digress.  I think the debate here is:  &gt;If companies made wrong choice then market would punish them and companies that hire quality personnel would win out.  This is not an accepted truth by everybody on Reddit, in the USA, or in the world. For one thing, lobbying exists. For another: four competing companies can differ on more than 16 different choices, one of them can be company A ruins the environment and hires cheap immigrant labor, company D is good for the environment and good for labor, while companies B and C do one and not the other, alternatively. The environment and cheap immigrant labor are only 2 of 16 choices, such as marketing, donating to charity, having a corporate office near one of the plants versus in a geography with low taxes, having plants near certain resources, etc.  So, it isn't like one bad choice would ruin a company, or one right choice will ruin all of a company's competitors.  &gt;If companies made wrong choice then market would punish them and companies that hire quality personnel would win out.  You act like Wells Fargo, Bank of America, Cox Cable, and Comcast, must have terrific customer service ratings. That simply isn't how the market works, not for big banks, and not for telecoms. It probably doesn't work that way for oil companies, or major media conglomerates like Disney, it probably doesn't work that way for one single industry in the USA. Then again, maybe it does. But it certainly is conjecture, and you can't say,  &gt;That's not how economy work. If good people are worth the money, then companies would hire them.  As if this is a given or a fact. That is completely your opinion, popular or not.  In Capitalism, those who start out with the capital have a huge advantage to put out of business or buy out competition, until there is a monopoly, or at least a trust."}
{"_id": "571687", "title": "", "text": "Article quotes AT&amp;T CEO:  &gt;Every $1 billion in tax savings would create 7,000 well-paying jobs, Mr. Stephenson went on to say.  Let me check those numbers with out even disputing them: ~143K / year per job. I mean... those are some expensive jobs! I can think of a number of better ways to spend 1 billion."}
{"_id": "571690", "title": "", "text": "I am not sure but probably it depends upon the cut the credit card company receives from the merchant. For Hotels such as dining etc. the cut could be more. Again, periodically, many merchants join with the card company to launch promotions. It could be part of such promotions. Apart from class of merchants, these points also differ on class of cards e.g a premium card will earn more rewards than a simple classic card."}
{"_id": "571694", "title": "", "text": "\"Don't use a \"\"credit repair\"\" agency. They are scams. One of the myriad of ways in which they work is by setting you up with a bogus loan, which they will dutifully report you as paying on time. They'll pretend to be a used car dealer or some other credit-based merchant. For a time, this will actually work. This is called \"\"false reporting.\"\" The problem is, the data clearinghouses are not stupid and eventually realize some hole-in-the-wall \"\"car dealer\"\" with no cars on the lot (yes, they do physical inspections as part of the credentialing process, just sometimes they're a little slow about it) is reporting trade lines worth millions of dollars per year. It's a major problem in the industry. But eventually that business loses its fraudulent reporting ability, those trade lines get revoked, and your account gets flagged for a fraud investigation. The repair agency has your money, and you still don't have good credit. Bad news if this all goes down while you're trying to close on a house. You're better off trying to settle your debts (usually for 50%) or declaring bankruptcy altogether. The latter isn't so bad if you're in a stable home, because you won't be able to get an apartment for a while, credit cards or a good deal on auto financing.  ED: I just saw what one agency was charging, and can tell you declaring bankruptcy costs only a few hundred dollars more than the repair agency and is 100% guaranteed to get you predictable results as long as you name all your debts up front and aren't getting reamed by student loans. And considering you can't stomach creditors-- well guess what, now you'll have a lawyer to deal with them for you. Anything you accomplish through an agency will eventually be reversed because it's fraudulent. But through bankruptcy, your credit will start improving within two years, the tradeoff being that you won't be able to get a mortgage (at all) or apartment (easily) during that time-- so find a place to hunker down for a few years before you declare.\""}
{"_id": "571708", "title": "", "text": "We were in downtown so we walked most of the time or drove a few times, never took the subway. Nor do I remember any whale tours near the Seattle Aquarium, [Google Maps doesn't list any either](https://goo.gl/maps/6Qi9NgA61au). You're right, I wasn't looking for orcas so I probably just don't remember seeing pictures of them. It was two years ago but I guess the orca references just weren't that memorable. Certainly less so than a visit to SeaWorld for the typical person I would guess."}
{"_id": "571711", "title": "", "text": "I'm not an expert, but here's my $0.02. Deductions for business expenses are subject to the 2% rule. In other words, you can only deduct that which exceeds 2% of your AGI (Adjusted Gross Income). For example, say you have an AGI of $50,000, and you buy a laptop that costs $800. You won't get a write-off from that, because 2% of $50,000 is $1,000, and you can only deduct business-related expenses in excess of that $1,000. If you have an AGI of $50,000 and buy a $2,000 laptop, you can deduct a maximum of $1,000 ($2,000 minus 2% of $50,000 is $2,000 - $1,000 = $1,000). Additionally, you can write off the laptop only to the extent that you use it for business. So in other words, if you have an AGI of $50,000 and buy that $2,000 laptop, but only use it 50% for business, you can only write off $500. Theoretically, they can ask for verification of the business use of your laptop. A log or a diary would be what I would provide, but I'm not an IRS agent."}
{"_id": "571713", "title": "", "text": "It's all about risk. In 1990, expressing the idea of the US defaulting on debt payments would result in you being labelled as a crank.  Yet in 2011, the President and Speaker of the House played chicken with the credit of the United States, and have a date to do it again in December 2011."}
{"_id": "571715", "title": "", "text": "I think what he means are comments on different time stamps of a song. I mainly use the phone app but if I listen to music at work on the website you can see little comments pop up on the song timeline thing.   I'm sure it's useful for finding parts of a song you like, especially for those hour long+ remix type songs that are basically a bunch of songs together."}
{"_id": "571730", "title": "", "text": "\"Hey, I have brains! Maybe I'll google it!  ...  Ok, so it says [here](https://en.wikipedia.org/wiki/Alt-right), in regards to the alt-right, that: \"\"White supremacist Richard Spencer coined the term in 2010\"\"  And then, here's that guy that coined the term and is a major leader in the movement saying that he's a socialist: https://www.youtube.com/watch?v=uGhXo_a5NAM  Wow, that was easy!\""}
{"_id": "571732", "title": "", "text": "How would it be a monopoly if a monopoly is a specific person or enterprise is the only supplier of a particular commodity,  When the United States began to enforce for fairer competition between businesses in the early 20th century, it focused on two kinds of monopolistic organizations: horizontal monopolies and vertical monopolies. In the steel business, for instance, a horizontal monopoly buys up a lot of steel mills, such that other competitors would be boxed out. A vertical monopoly buys up and down the supply chain\u2014acquiring barges and trains and coal mines\u2014essentially barring other companies from competing with it.  Amazon does not fit into any type of monopoly, It\u2019s like an octopus spreading its tentacles across different markets."}
{"_id": "571735", "title": "", "text": "Afternoon /u/snappykr22!   &gt; It is not right to force people to buy any product or service. Period.  I think I understand why you feel this way but I disagree.  Taxation is forcing someone to purchase products and services provided by the government that he may or may not want.  It is not ideal but just as a family would fall apart without demands on it's members, a country will do the same.  Government can not exist if your position is applied across the board and we are all better off with government.  &gt; This mandate is just one of the terrible things about Obamacare.  Nobody likes the mandate just like nobody likes taxes but both are required to keep their systems functioning.  Pointing to the mandate as bad isn't going to change my mind on Obamacare any more than pointing to taxes is going to convince me to support dissolving government.  You will need to show me that what we get for the mandate isn't worthwhile.  &gt; Obama effectively gave people the option to get insurance AFTER they get sick without consequence of higher prices.   Obama did NOT give people this option.  This is precisely the scenario the Obamacare mandate prevented because you were forced to get insurance before you got sick.  By saying he won't enforce the mandate President Trump IS giving people this option and you are absolutely correct on how that will play out.  &gt; I am not a bad person. I'm not greedy, either.  Of course not.  You put a lot of time into your answer just to explain your position to some guy on the Internet.  I appreciate that.  &gt; Running water in your home. Central air. Life-saving surgery/drugs and physical therapy. Being able to turn on and off electricity with a switch. Make a pot of coffee right at your kitchen counter top. *snip* The government did not of this. People did.  Government is instrumental in providing **ALL** of this.  Think about it...  &gt; Running water in your home.  That is water you and your state have a right to collect because of agreements handled by the Federal Bureau of Reclamation.  It was collected and stored in public reservoirs, which exist because of dams built by public works projects.  Your municipality then cleans and purifies the water and pumps it to your house in public facilities and treats the resultant sewage.  &gt; Central air.  [People used to install air conditioners with CFCs which are responsible for the Antarctic hole in the ozone](https://en.wikipedia.org/wiki/Ozone_depletion).  It wasn't until the EPA called attention to the problem and the government outlawed the refrigerant in the 80's that things changed.  In addition refrigeration is an energy-heavy technology but the energy grid doesn't have to do rolling blackouts because the government mandates minimum insulation on homes and efficiency standards.    &gt; Life-saving surgery/drugs and physical therapy.  [The US governments funds a little less than half the drug research](http://www.sciencemag.org/news/2017/03/data-check-us-government-share-basic-research-funding-falls-below-50). We also know these items improve peoples lives because the FDA and NIH have demanded clinical trials to prove new treatments are safe and effective.  Don't forget that government institutions like the HHS and CDC have pushed vaccinations and outbreak responses to effectively eradicate nasty diseases like smallpox, polio, and malaria.  &gt; Being able to turn on and off electricity with a switch.  Electricity has been recognized as a [public good](https://en.wikipedia.org/wiki/Public_good) and those companies are strongly regulated.  The transmission lines that bring power to your house are required to be open so one power company does not have a monopoly on supplying your house power.  Are air is no longer choked with soot because of the EPA and the DOE monitors and regulates nuclear waste.  &gt; Make a pot of coffee right at your kitchen counter top.  Coffee is imported from South American or African countries thanks to US trade agreements and is safe because of the FDA.  Your coffee maker was probably made in China but doesn't burn your house down because the manufacturer is required to follow regulations from the CPSC and if there is a problem you can do something about it thanks to the FTC and/or court system.  &gt; And if the government can get the hell out of our way, we can continue to improve the quality of life like we have been for hundreds of years now in this country.  The quality of life in the US has been improving in the US for hundreds of years BECAUSE OF government.  A capitalistic market is important too but free market principles exist today in Somalia but their lives still suck.  The reason is that they are missing a strong central government to fill in the gaps, keep the playing field somewhat fair, and, yes, make a few demands of its citizens in exchange.  I hope you're having a great weekend."}
{"_id": "571744", "title": "", "text": "How does one buy this quantity of TIPS? Do you simply buy directly from the US Treasury? You will might have to go through a financial institution like a broker or a bank. Edit: You can also buy bonds directly with TreasuryDirect. Is it cheaper to buy a fund that invests in TIPS? It might be cheaper depending on the fund  itself. But you can't know for sure the price that the fund will be worth at you payout date. Since bonds can go up in value (and are likely to with rates this low), is there a way to measure potential downside? Statistically speaking yes. You can look at the variation in price/interest of the bonds in the last years, to see how they usually move, then compute the price range where they are likely to be (that can be wide for volatile securities). But there is no guarantee that there won't be some black swan event that will make the price shoot up/down. In another word, it's speculation Can I mitigate downside risk by choosing different TIPS maturity? There are quantitative strategies to do that, like finding that some products that are negatively correlated, such that a loss in one is be hedged by a gain in another. However those correlation are likely to be just statistics. And for every product that you buy you are likely to have to pay some fees for your bank/broker which can be more devastating than the inflation itself. Is there some other strategy I should be considering to protect my cash against inflation (or maybe a mixed strategy)? As I wrote above, trying to use complex financial products can incurs loss and will have fees (both for buying and selling). Is it really necessary to hedge from a 2% inflation by taking such risk? Personally, I don't think so. If I were you I would just be buying bonds maturing for your payout date. That would negate the reselling risk and reduce the fees."}
{"_id": "571751", "title": "", "text": "A commercial space that would give wings to your dreams. A place that boasts of supreme architecture and a business-friendly environment. Located on the heart of the city's trading district, it's the perfect place to make your business ready for the next big leap to success. Make this embodiment of status and power yours today"}
{"_id": "571767", "title": "", "text": "It is totally a demand problem.  Why aren't people buying things in Greece?  Because everyone's poor and there is no demand?  Why are people buying things in Germany?  Because the German Government spent their way out of their recession by spreading money around to the people that needed it.  Why did we get out of the great depression?  Because those without money were given some, which they then spent.  Companies aren't making stuff because no one is buying.  Historically, higher taxes on higher income people and businesses equate with a better economy.  I don't see any data, o. your side, just lots of hand-waving.  http://www.angrybearblog.com/2011/05/optimal-tax-rates-for-generating.html"}
{"_id": "571784", "title": "", "text": "\"Careful. Economy, Personal Finance, and classical investing subreddits hate crypto, for the most part. They have decent points, but most of the time they're stuck in antiquated modes of thought. It's like describing the internet to phone or cable companies in the 80's: \"\"It's just a fad for nerds. It'll pass.\"\"\""}
{"_id": "571786", "title": "", "text": "Here's a few things:"}
{"_id": "571795", "title": "", "text": ". Mr. Bernstein says he has never seen such an extreme bet on economic catastrophe. \u201dThis portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds,\u201d he says.  -- The question is, will he keep to this strategy if he becomes president?"}
{"_id": "571800", "title": "", "text": "If your payroll payments are the same each period, you will generally have the same net pay per period.  Some things that can cause variations: If your employer puts special payments in a specific paycheck (such as a quarterly or annual bonus, or a vacation payout) this can increase the percentage held from that specific paycheck.  The IRS publishes lookup tables, and your payroll system should withhold the amount in the lookup table.   If you get a raise midyear, your new payroll withholding rate may increase based on the gross pay amount.   http://www.irs.gov/pub/irs-pdf/p15.pdf"}
{"_id": "571801", "title": "", "text": "In most cases, a debit card can be charged like a credit card so there is typically no strict need for a credit card. However, a debit card provides weaker guarantees to the merchant that an arbitrary amount of money will be available. This is for several reasons: As such, there are a few situations where a credit card is required. For example, Amazon requires a credit card for Prime membership, and car rental companies usually require a credit card. The following does not apply to the OP and is provided for reference. Debit cards don't build credit, so if you've never had a credit card or loan before, you'll likely have no credit history at all if you've never had a credit card. This will make it very difficult to get any nontrivially-sized loan. Also, some employers (typically if the job you're applying for involves financial or other highly sensitive information) check credit when hiring, and not having credit puts you at a disadvantage."}
{"_id": "571804", "title": "", "text": "I searched for FTSE 100 fund on Yahoo Finance and found POW FTSE RAF UK 100 (PSRU.L), among many others.  Google Finance is another possible source that immediately comes to mind."}
{"_id": "571813", "title": "", "text": "Buy a lot of best quality of products. We are happy to help you. Just visit Budget Closeouts and order any item you love to get it on your doorstep. We have many categorized items of General Merchandise for personal uses, daily uses, apparel, fashioned clothing, watches, kitchen accessories. You can purchase toys and much more for your infant. There is a branding clothing including towel and other wear. New fashioned and artificial jewelry for women available at our site at low cost."}
{"_id": "571834", "title": "", "text": "When I was about your age I had the same kind of situation. I asked my bank about possible options and one of them was a guaranteed reserve. You lock the money away for a certain amount of years and you get a guaranteed amount of interest on it. I don't know what the current rate is at the moment so you'll have to ask your bank. The good thing about premium bonds is that you can access the money quickly at any time so you could always get premium bonds until you decide what to do with it. If I were you though, I'd make sure my parents didn't have control over my money. Whatever option you choose, keep your money in your name."}
{"_id": "571855", "title": "", "text": "Why ACH transfers are free and wires are subject to fees? Because ACH transfers can be done in batch, and are much easier and cheaper for the banks than wire transfers which must be reviewed individually, are somewhat safer (partly because of this review) and faster, but are more expensive for the banks to process."}
{"_id": "571875", "title": "", "text": "It is totally legal but it just has to be reported like income. Granted the IRS will probably not catch it. I work for a large company I get little gift cards all the time and they add the dollar value as income for taxes on my paycheck. It is a little annoying because I think it is kind of shit that a dollar value of a gift card is treated as the same value as real money, but they are amazon gift cards so better than cash to me."}
{"_id": "571887", "title": "", "text": "This is the worst business model for creating cash flow there is. Where does the actual business begin when all you are doing is teaching people to get more people? I went to a Herbalife smoothie bar once, I realized that they aren't there to make money off smoothies but to get customers to open their own shops. When people realize what it is, they never go back. If you want to start a business, start a business, Amway is not the answer. You aren't your own boss."}
{"_id": "571891", "title": "", "text": "Thanks to surveys from the Bureau of Labor Statistics, we know how many jobs are created each month. What we don't know is how GOOD these jobs are.   To address this, we've created the New Hires Quality Index, which measures the earnings power of people taking new jobs each month, allowing comparisons over time."}
{"_id": "571898", "title": "", "text": "If you leave your employer at age 55 or older, you can withdraw with no penalty. Mandatory 20% withholding, but no penalty. You reconcile in April, and may get it all back. If you are sub 55, the option is a Sec 72t withdrawal. The author of the article got it right. I am a fan of his."}
{"_id": "571902", "title": "", "text": "Digital records are fine, but record-keeping practices are important. Be consistent."}
{"_id": "571913", "title": "", "text": "I am a firm believer in TD's e-series funds.  No other bank in Canada has index funds with such low management fees.  Index funds offer the flexibility to re-balance your portfolio every month without the need to pay commission fees.  Currently I allocate 10% of my paycheck to be diversified between Canadian, US, and International e-series index funds. In terms of just being for beginners, this opinion is most likely based on the fact that an e-series portfolio is very easy to manage.  But this doesn't mean that it is only for beginners.  Sometimes the easiest solution is the best one! :)"}
{"_id": "571918", "title": "", "text": "The .9% looks great, but it's not as relevant as the cost of the car itself. There are those who believe that one should never own a new car, that the first X years/miles of a car's life are the most expensive.  The real question is how your budget is allocated. Is the car payment a small sliver or a large slice? How big is the housing wedge?"}
{"_id": "571920", "title": "", "text": "\"No. The full text of the Landlord-Tenant Act (specifically, section 554.614 of Act 348 of the year 1972) makes no mention of this. Searching the law for \"\"interest\"\" doesn't yield anything of interest (pardon the pun).  Specifically, section 554.604 of the same law states that: (1) The security deposit shall be deposited in a regulated financial   institution. A landlord may use the moneys so deposited for any   purposes he desires if he deposits with the secretary of state a cash   bond or surety bond written by a surety company licensed to do   business in this state and acceptable to the attorney general to   secure the entire deposits up to $50,000.00 and 25% of any amount   exceeding $50,000.00. The attorney general may find a bond   unacceptable based only upon reasonable criteria relating to the   sufficiency of the bond, and shall notify the landlord in writing of   his reasons for the unacceptability of the bond. (2) The bond shall be for the benefit of persons making security   deposits with the landlord. A person for whose benefit the bond is   written or his legal representative may bring an action in the   district, common pleas or municipal court where the landlord resides   or does business for collection on the bond. While it does sound like the landlord is required to deposit the money in a bank or other secured form, e.g. the Secretary of State, he/she isn't required to place it in an account that will earn interest.\""}
{"_id": "571925", "title": "", "text": "\"I was not arguing, I was agreeing with you. People should pull themselves up by their bootstraps. I am sick of lazy yankees failing to uphold the great juche ideals of self-reliance/self-support.   In all seriousness though, I was hoping my wild sarcasm would open your eyes to the non-sequiter of your own argument, that Starbucks is \"\"one of the best companies to work for at that income bracket.\"\" So it's better than McDonalds/Walmart/Target. Does that make it actually good? Are these work conditions (poor scheduling, extremely small notification window) acceptable? If you answer yes, would you continue working under those conditions if you experienced them?\""}
{"_id": "571936", "title": "", "text": "You sound like a whiny socialist idiot. Wahhh, that guy has more money and buys things I can't afford. Then hangs out with people who can afford them too. They are the reason for global warming. I need the government to make everyone be equal. Cheese and rice, move to Venezuela you idiot."}
{"_id": "571970", "title": "", "text": "[The Peter principle](http://en.wikipedia.org/wiki/Peter_Principle). They were good at some task, so they get promoted to a job with completely different responsibilities. If they are good at that, they get promoted again -- and again until they end up in a position where they suck at. And since companies really don't like to fire management people, that's where they'll be until they quit or retire."}
{"_id": "571990", "title": "", "text": "remember that IV is literally the volatility that would be present to equate to the latest price of a particular option contract, assuming the Black-Scholes-Merton model. Yahoo's free finance service lists the IV for all the options that it tracks."}
{"_id": "572006", "title": "", "text": "&gt; how can you expect ANY effective herbicide to work selectively without some selective impact on humanity?  https://en.wikipedia.org/wiki/Glyphosate#Mode_of_action  End of section: *EPSPS is produced only by plants and microbes; the gene coding for it is not in the mammalian genome.*"}
{"_id": "572041", "title": "", "text": "\"not gonna lie i read a wsj story today that totally informed my opinion. https://www.wsj.com/articles/BT-CO-20170711-708695  At least according to that reporter the last time he raised his bid was in 1999:   'Mr. Buffett originally offered $35 a share for MidAmerican, but after pressure from investment bankers, he raised it to $35.05, he said in the letter. \"\"With that, I explained, they could tell their client they had wrung the last nickel out of me,\"\" he wrote.'\""}
{"_id": "572061", "title": "", "text": "Becoming a landlord is a pretty roundabout way to hedge against inflation. Why don't you research TIPs (Treasury Inflation Protected Securities (?)) Over the very long term, a house will just about match inflation, but no more. I observe that it (median home price) has remarkably tight correlation to the mortgage one can buy with a week's worth of median income based on the 30 year rate. In other words, strip out inflation, wage gains, and the effect of the 30 year rate peaking at 18%, then dropping to 4%, and home prices have flatlined for a century.  I agree with mhoran. My answer is for the median, theoretical home. As they say, YMMV, your mileage may vary. As in, you can't have one."}
{"_id": "572069", "title": "", "text": "Efficient Frontier has an article from years ago about the small-cap and value premiums out there that would be worth noting here using the Fama and French data. Eugene Fama and Kenneth French (F/F) have shown that one can explain   almost all of the returns of equity portfolios based on only three   factors: market exposure, market capitalization (size), and   price-to-book (value). Wikipedia link to the factor model which was the result of the F/F research."}
{"_id": "572073", "title": "", "text": "\"To be fair, it *is* super expensive, but you also get payed more for things. I'd probably be making about 10-25% less an hour anywhere else in the US. Granted, I don't want to play myself like I'm super put upon, or even that representative. My family has money, so I have security there, and though I don't have a college degree (flipside: no debt), I'm very well educated. I also know how to cook and am incredibly handy, which probably saves me about $3-5,000 a year. But these are things one can learn if you have the inclination.  Point is, people just have an incredibly inflated idea of what \"\"struggling\"\" is, and it pisses me off when they try to play a $60k a year income (and probably a $75k+ family income) as \"\"scraping by\"\" in New York. It's not. That's a good, solid income. If you can afford cable and an iphone, in the grand scheme of things, you're doing pretty damn well.\""}
{"_id": "572096", "title": "", "text": "Dispute the charge. Receiving the wrong product is grounds for dispute."}
{"_id": "572097", "title": "", "text": "Never loan money to family or friends with the intention of getting it back.  If you take him/her to court, and the claim is valid, sure you get your money back, you lose a friend/family member."}
{"_id": "572119", "title": "", "text": "&gt; Perhaps the natural constraints will be useful in toning down the EV exuberance \u2014 something both regulators and the industry need to allow more time for research and development. Other solutions, such as hybrid cars with smaller batteries and fuel cell vehicles, don\u2019t deserve to be killed off by a surge in battery-powered vehicle production just yet   Wtf...this guy has a very novel understanding of how the world works"}
{"_id": "572127", "title": "", "text": "MBA and CFA aren\u2019t necessarily mutually exclusive.   MBA teaches you a broader set of skills and, more importantly, gives you access to a network of alumni that can open doors for you. Network is perhaps the most valuable part of top MBA programs.   CFA is a gold standard in finance and would give you a set of useful skills for wealth management.   If you can get into top 10 business schools I would say do both. Otherwise, if you are absolutely sure about money management, then go for CFA. It\u2019s cheaper and you can still  earn income while pursuing it."}
{"_id": "572178", "title": "", "text": "Its not public information but it would be hard to keep it a secret. By its very nature, a custodial bank has to interact with various brokers, middle office systems, back office systems - many of which are third party. And the investment firm will likely be giving out their custodial information to these third parties to set up interfaces and whatnot."}
{"_id": "572205", "title": "", "text": "I used to travel A LOT for work, and my work requires AA or Delta.  AA always felt like I was on some shitty bus in Nicaragua... Seats with broken audio ports, ratty uncomfortable seats, overhead bins that would come unlatched on their own mid flight... Oh and paying for internet (when it's rarely offered) only to have it shit out in the first 15 minutes in the air after you payed 10 bucks and not work the rest of the flight... To top it all off, the flight attendants always seem like they reeeeeally don't want to be there.  Delta on the other hand has way more comfortable seats, the headrest screens, fast working internet and the attendants are super nice and friendly.  I will never fly AA again unless there is no other option."}
{"_id": "572214", "title": "", "text": "24 hour locksmiths are not difficult to find but you have to be careful about the company you work with. Star looking out for good companies while you have time and keep a list handy. For more details visit ours site tmfauto.com"}
{"_id": "572242", "title": "", "text": "I did not file taxes on last season winnings as I\u2019ve received   conflicting advise (particularly regarding self-employment taxes). I   have all my documentation to support my winnings should I file as a   professional gambler. Oh dear. Get a GOOD tax adviser (licensed as EA, CPA or Attorney in Nevada) who's specializing in providing services to people like you and have it resolved ASAP. You're in major non-compliance. If you earned by gambling more than you earned by working in years, and you haven't reported that on your taxes - you may very well find yourself in jail. As to your original question - why on earth would you have a corporation for gambling? Or LLC... Why? What's the liability that you want to shield yourself of? It's your money that you're risking, and the risk is that you lose it, how is LLC or Corp going to help you in any way? Gambling winnings are reported as miscellaneous income (whether you're professional or just got lucky once with a slot machine - no matter), and if you're a pro (and it sounds like that since you're doing it systematically and in order to make profits), then yes, you pay SE taxes on it. Whoever told you anything else told you to break the law. Which you did, unfortunately."}
{"_id": "572244", "title": "", "text": "I work in FP&amp;A currently. Definitely be able to speak about your specific experience within excel (Vlookups, Index/match, pivots, offset, vba, etc.). Understand basics of forecasting and budgeting. If you have experience in any enterprise reporting software be sure to mention it."}
{"_id": "572269", "title": "", "text": "Technology has been evolving so fast lately that being an entrepreneur became a truly risky game. But, adopting a franchise business may be a good option for you. If you\u2019re thinking about investing in a business like this, TechJOYnT franchise may be just the perfect option. TechJOYnT is one of the Top Education Franchises in United States. A franchise is an already proven profitable business in which the investment may be a little bit higher in numbers but will also assure you to get your company going in short time. Know more about us here: https://codingforkidsfranchise.wordpress.com/2017/07/04/putting-the-focus-on-stem-science-technology-engineering-and-mathematics/"}
{"_id": "572272", "title": "", "text": "\"If the interest rate on the student loan is lower than inflation, then the student loan will be \"\"cheaper\"\" the longer you take to pay it.   This is now a very rare instance, but there were programs and loan consolidation opportunities in the mid-200x's that allowed savvy student's to convert their loans to have an interest rate of around 1.5%. Right now the inflation rate is actually quite low, but it's not expected to stay there, and wasn't that low just a few years ago, so in the long run this type of debt will only be cheaper the longer it takes to pay off. It is risky, as others point out, as it can't be written off in bankruptcy, but there are other situations where it can be written off more easily than other debts, so on balance the risks aren't better or worse than other loans in general.  For specific individual situations the risk equation might work out differently, though. Further, student loans aren't considered traditional debt by some lenders for specific lending opportunities, thus allowing you to go into greater debt for certain types of purchases.  Whether this is good for you or not depends on the importance of the purchase. If you need to buy a house and the interest rate is higher than your student loan rate, it will be better, financially, to pay off the house first, while paying the minimum on the student loans.   If you have no other debt with a higher interest, and the student loan interest is higher than inflation, there is no reason to delay paying off the student loan.\""}
{"_id": "572274", "title": "", "text": "1) cryptos becoming almost, kind of legitimate or at least somewhat seriously discussed as an investment class (lol)  2) low vol, tight trading ranges, people worried that people aren't worried enough   3) unwinding of feds balance sheet and monetary tightening  4) rip retailers, long live FANG (ugh)  5) every start up that uses the internet is claiming to be a tech company is able to achieve absurd valuations (e.g. Blue Apron)   Idk. These might not be very great but maybe that's the story in itself. Markets are fairly calm in spite of all the turmoil as of late."}
{"_id": "572295", "title": "", "text": "The Dow at 1,000,000 signifies a totally fixed, working, economy.  Once we reach the holy grail of Dow 1,000,000 we can finally start addressing the societal problems that continually take a back seat to economic issues, and there will finally be the money to pay for the general societal well-being that we're so sorely lacking here at Dow 22,000.  It will be an economic nirvana."}
{"_id": "572313", "title": "", "text": "&gt; Economists like Paul Krugman seem to believe that everything can be fixed by increasing demand, but they totally ignore the costs of production. There exists plenty of demand in the US economy right now, but the cooper has died, the barrels must be brought from China.  Out of curiosity, what is the real world equivalent to the cooper? You name none."}
{"_id": "572336", "title": "", "text": "&gt;Democratic Senate President Steve Sweeney and Assembly Speaker Vincent Prieto announced the budget deal late Monday. The deal calls for a $34.7 billion budget that includes more than $300 million in Democratic spending priorities and is part of an agreement to overhaul the state's largest health insurer, Horizon Blue Cross Blue Shield.    So Christie got what he wanted by holding a national holiday hostage.  I thought that America doesn't negotiate with terrorists."}
{"_id": "572340", "title": "", "text": "If I have $100 and put it under the bed it will return 0%.  Relatively good in a bear market and relatively bad in a bull market."}
{"_id": "572351", "title": "", "text": "Instead of giving part of their profits back as dividends, management puts it back into the company so the company can grow and produce higher profits. When these companies do well, there is high demand for them as in the long term higher profits equates to a higher share price. So if a company invests in itself to grow its profits higher and higher, one of the main reasons investors will buy the shares, is in the expectation of future capital gains. In fact just because a company pays a dividend, would you still buy it if the share price kept decreasing year after year? Lets put it this way: Company A makes record profits year after year, continually keeps beating market expectations, its share price keeps going up, but it pays no dividend instead reinvests its profits to continually grow the business. Company B pays a dividend instead of reinvesting to grow the business, it has been surprising the market on the downside for a few years now, it has had some profit warnings lately and its share price has consistently been dropping for over a year. Which company would you be interested in buying out of the two? I know I would be interested in buying Company A, and I would definitely stay away from Company B. Company A may or may not pay dividends in the future, but if Company B continues on this path it will soon run out of money to pay dividends. Most market gains are made through capital gains rather than dividends, and most people invest in the hope the shares they buy go up in price over time. Dividends can be one attractant to investors but they are not the only one."}
{"_id": "572363", "title": "", "text": "As others have said, it simply makes you a part owner. Even if you have ethical objections to a company's behavior, I'd argue that investing in it and using the proxy votes to influence the company's decisions might be even more ethical than not investing."}
{"_id": "572371", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://arstechnica.com/tech-policy/2017/06/trump-plans-to-dismantle-obama-era-startup-visa/) reduced by 79%. (I'm a bot) ***** &gt; The Department of Homeland Security will file an official notice to delay the International Entrepreneur Rule for eight months.  &gt; The International Entrepreneur Rule, signed by former President Obama days before he left office in January, doesn&amp;#039;t offer a visa but rather a type of &amp;quot;Parole&amp;quot; that would allow immigrants to stay in the US temporarily as long as they meet certain requirements.  &gt; DHS has estimated about 3,000 entrepreneurs would qualify under the rule.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6iy5bm/trump_plans_to_dismantle_obamaera_startup_visa/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~150458 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Rule**^#1 **Entrepreneur**^#2 **Startup**^#3 **visa**^#4 **month**^#5\""}
{"_id": "572387", "title": "", "text": "What you want to do is figure out how much you're paying in interest, solely (ie, the interest part of each payment), add that up over 48 months, then figure out the net value of the cash inflow/outflow for the points over 48 months (ie, 3.5% annual return on the positive or negative value).  Sum those two.  Then you can see your P&L, and your total cash outflow (up to you if you add a % to your negative initial outflow, and how exactly you consider your $2k closing costs; I agree with JoeTaxpayer about adding at least closing costs to the loan amount.  If you have money to pay the points that would otherwise be earning money, you could alternately consider it a negative cash (ie, instead of accruing 3.5% it's a negative balance accruing that). In excel I'd do something like: Then track changes in H and I when you change columns B and C and G."}
{"_id": "572393", "title": "", "text": "Do you want to use the helium balloons Brisbane in your party? Then, there are plenty of suppliers available in the market that caters these balloons. On the internet, you will find one of a well known supplier, i.e. \u201cBalloons and Sparkle Australia\u201d."}
{"_id": "572396", "title": "", "text": "\"You can charge a fee to accept checks, although I think the better solution might be to offer a small discount for early payment of your invoices.  As some people here have suggested, why not add a small bit to your fees to begin with to cover your inconvenience in the case they choose to pay by check?   I often will give clients a small discount of 1.5% for paying my invoices within 10 days, which does motivate some to pay sooner, depending on the client and the amount of the invoice.  If you've already added a small amount to your fees in the first place then providing the discount is good public relations that doesn't actually cost you anything. You can always add a \"\"convenience fee\"\" for accepting checks, but this is a more negative approach, as though you're penalizing the client for paying by check rather than electronically.  Some people do see it this way, despite any efforts you make to explain otherwise. As to your question about adding fees for accepting credit cards, be very careful!  There are sometimes state or local laws on this, and you could find yourself in trouble very quickly if you run afoul of one.  Here's a good article to read on the subject: Adding fees for accepting credit cards from CreditCards.com Site I hope this is helpful. Good luck!\""}
{"_id": "572420", "title": "", "text": "As far as ease of sale transaction goes you'll want to pay off the loan and have the title in your name and in your hand at the time of sale.  Selling a car private party is difficult enough, the last thing you want is some administrivia clouding your deal.  How you go about paying the remaining balance on the car is really up to you.  If you can make that happen on a CC without paying an additional fee, that sounds like a good option."}
{"_id": "572426", "title": "", "text": "If you pay it off before the cycle closes it will look like you have 100% available credit.   So if you credit card statement closes on the 7th pay it off on the 6th in full don't pay it when its due 2/3 weeks later. Then after three months of doing that your credit score will go up based on the fact that your debt ratio is so low.  That ratio is 30% of your credit score.  It will help quite alot."}
{"_id": "572451", "title": "", "text": ""}
{"_id": "572452", "title": "", "text": "Agreed. A philosophy of isolationism and provoking trade-wars with former trade allies is the preferred approach for the Trump administration. However, closing borders to imports is likely to have a very high offsetting cost for US exports.   It all seems very shortsighted. Just based on what Canada and the UK are likely to do in response to just this decision alone, will certainly cost companies like Boeing and Lockheed Martin a lot more in exports than they will ever gain through this maneuver."}
{"_id": "572480", "title": "", "text": "\"The gross liabilities (benefit obligation) will still be there, regardless. They are *future* benefits.  Sure, you can increase funding to the plan to eliminate the *net* pension liability, but why? The new assets would earn very little. The shortfall is not an excessively large risk. The only reason seems to be the \"\"all-consuming focus on immediate results\"\" which is more rhetoric than reality in this case.\""}
{"_id": "572483", "title": "", "text": "It\u2019s pretty damn good! You probably wouldn\u2019t notice that you weren\u2019t eating meat assuming it was prepared right. The one I ate had pretty thin patties that were nicely caramelized / crispy on the outside and edges. Tasted like a beef burger cooked smash style"}
{"_id": "572490", "title": "", "text": "&gt;Why does minimum wage exist, if not to account for low skill jobs like those found in Walmart.  Minimum wage exists as a floor, the lowest possible amount someone can survive on. Paying anyone less would make survival impossible, in fact, many wal-mart employees are also on food stamps."}
{"_id": "572507", "title": "", "text": "An ISA is a much simpler thing than I suspect you think it is. It is a wrapper or envelope, and the point of it is that HMRC does not care what happens inside the envelope, or even about extractions of funds from the envelope; they only care about insertions of funds into the envelope. It is these insertions that are limited to \u00a315k in a tax year; what happens to the funds once they're inside the envelope is your own business.  Some diagrams: Initial investment of \u00a310k. This is an insertion into the envelope and so counts against your \u00a315k/tax year limit.                 +---------ISA-------+ ----- \u00a310k --------->              |                +-------------------+  So now you have this:                 +---------ISA-------+                |  \u00a310k of cash     |                +-------------------+  Buy fund:                 +---------ISA-------+                |    \u00a310k of ABC    |                +-------------------+  Fund appreciates. This happens inside the envelope; HMRC don't care:                 +---------ISA-------+                |    \u00a312k of ABC    |                +-------------------+  Sell fund. This happens inside the envelope; HMRC don't care:                 +---------ISA-------+                |    \u00a312k of cash   |                +-------------------+  Buy another fund. This happens inside the envelope; HMRC don't care:                 +---------ISA-----------------+                | \u00a310k of JKL & \u00a32k of cash   |                +-----------------------------+  Fund appreciates. This happens inside the envelope; HMRC don't care:                 +---------ISA-----------------+                | \u00a311k of JKL & \u00a32k of cash   |                +-----------------------------+  Sell fund. This happens inside the envelope; HMRC don't care:                 +---------ISA-------+                |    \u00a313k of cash   |                +-------------------+  Withdraw funds. This is an extraction from the envelope; HMRC don't care.                 +---------ISA-------+ <---- \u00a313k ---------               |                +-------------------+  No capital gains liability, you don't even have to put this on your tax return (if applicable) - your \u00a310k became \u00a313k inside an ISA envelope, so HMRC don't care. Note however that for the rest of that tax year, the most you can insert into an ISA would now be \u00a35k:                 +---------ISA-------+ ----- \u00a35k --------->               |                +-------------------+  even though the ISA is empty. This is because the limit is to the total inserted during the year."}
{"_id": "572515", "title": "", "text": "Not just America, and I assume not ALL companies, but heaps in Australia are doing the same thing. I work for one that does, I mean all of the Visa workers in here are wonderful people so it's not a big deal to me. I can definitely relate to people being annoyed about this though, especially as many foreigners send a lot of their money overseas instead of spending it here."}
{"_id": "572523", "title": "", "text": "well, probably taxed a little. and taxed when they spend it, and taxed again when it is spent again. like fikirte said, this is foreign money. if the americans want access to it they have to make it easy. they've done it in the past http://law-journals-books.vlex.com/vid/the-portfolio-interest-exemption-53348889 sorry there is a lack of sources in real english."}
{"_id": "572529", "title": "", "text": "\"You might want to to a little research. They used to be fully self-sufficient before ideologues in Congress decided that they wanted to break the Post Office to destroy the postal union and I'm guessing also open up opportunities for campaign contributing private firms.      So they find ways to legislate crazy mandates that make the Post Office not-profitable. I guess it was bad PR for them when they say, \"\"government can't do anything right,\"\" to have people point to a Post Office that worked well and say, \"\"what about that?\"\"\""}
{"_id": "572563", "title": "", "text": "There are two fundamental flaws to your plan: Supposing that you can get a loan with an interest rate that is less than the profit you are likely to get from an investment. Historically, the U.S. stock market goes up by 6 to 7% per year. I just did a quick check and found rates for unsecured loans of 10 to 15%. Of course interest rates vary depending on your credit rating and all sorts of other factors, but that's probably a reasonable ball park. Borrowing money at 15% so you can invest it at 6% is not a good plan. Of course you could invest in things that promise higher returns, but such investments have higher risks. If there was a super safe investment that was virtually guaranteed to give 20% profit, the bank wouldn't loan you money at 10 or 15%: they'd put their money in this 20% investment. I don't know what your income is, but unless it's substantial, no one is going to give you an unsecured loan for $250,000.  In your question you say you'll use $2,000 of your profits to make payments on the loan. That's less than 0.8% of the loan amount. If you really know a bank that will loan money at 0.8%, I'm sure we'd all like to hear about it. That would be an awesome rate for a fully secured loan, never mind for a signature loan. $250,000 for 10 years at 10% would mean payments of $3,300 per MONTH, and that's about the most optimistic terms I can imagine for a signature loan. You say you plan to lie to the bank. What are you going to tell them? A person doesn't get to be a bank loan officer with authority to make $250,000 loans if he's a complete idiot. They're going to want to know what you intend to do with the money and how you plan to pay it back. If you're making a million dollars a year, sure, they'll probably loan you that kind of money. But if you were making a million dollars a year I doubt you'd be considering this scheme. As TripeHound said in the comments, if it was really possible to get bigger returns on an investment than you would have to pay in interest on an unsecured loan, then everybody would be doing it all the time. Sorry, if you want to be rich, the realistic choices are, (a) arrange to be born to rich parents; (b) win the lottery; (c) get a good job and work hard."}
{"_id": "572566", "title": "", "text": "\"&gt; I don't even have words for this.  I'm not surprised.  The \"\"you don't get to tell me what I can do with my money\"\" talking point has been hammered into American brains.  You would agree with most Americans that if the parents are in serious debt and pass away then the debt should not pass on to the child, yes?  It makes sense because why should the child have to pay for his parent's failures?  So why do you believe that debts shouldn't transfer but credits should?  If a child shouldn't get stuck with a parent's failures then shouldn't a child also not benefit from the parent's successes?\""}
{"_id": "572574", "title": "", "text": "Generally S&P 500 will be used as the benchmark for US investors because it represents how's the US market performs as a whole. If you've outperformed the S&P 500 during the last couple years, great. However, at the end of day, you would want to look at the total growth percent that your portfolio has achieved, as compared with that of S&P 500.  Anyway, your portfolio might actually ride along with the bull market during the 2009-2010 period (more-so for the small caps)."}
{"_id": "572575", "title": "", "text": "\"You missed my point. The only thing stopping me from living my dream is your desire for taxes. I agree we are spending stolen money on many bad things with military being pretty damn close to the top. But it still doesn't change the situation for those of us who would rather be left alone. This doesn't mean that everyone who agrees with you can't donate to your cause. But those of us who don't agree should not be forced to go along with your schemes no matter what they are and how much you think it will be good for \"\"all\"\" of society. [But if we had reasonable expectations everyone could prosper.](http://www.youtube.com/watch?v=ZKInjcrJc8E)\""}
{"_id": "572579", "title": "", "text": "Theta is a variable in options pricing. Theta aka time decay decreases over time. The reason of this is that you have to think of the option as insurance. It is a hedge against actual holdings in an asset. Would you pay more or less for insurance that covers you for a year's time, would you pay more or less for insurance that covers you for a week? The answer is that the market will pay less for insurance that covers them for a lower period of time. This is one of several ways of thinking about it. There is also the probability that the option will be profitable at all, the further out in the future, the more likely it will be profitable and people will pay a premium for it. There are other variables in the black-scholes formula and it is the most widely used options pricing formula. But keep in mind, the geniuses that made up the formula blew up their hedge fund thinking they could sell the options at an inflated premium from their own formula to everyone. Ironic really."}
{"_id": "572588", "title": "", "text": "You seem to have not ever received a cease and desist letter and not sure if you know what you are talking about regarding the nature of this one.  - legal trouble is extremely disruptive to business (and this is a tiny side project) really not worth the hassle once they had proved the point. Being 90% certain you are in the right is not that reassuring if the downside is measured in 6 or 7 figures  - issue was use of McGregors name and likeness which are protectable. You can't just slap a famous persons name and image on your product (or anyone's for that matter) without their permission. Trademarks don't appear to come into it  - they could have continued without use of his name and probably would be fine - but by that point they have achiev d what they set out to, the profit is relatively small compared to the main business and they probably have some insight to how crucial the name was to the success (e.g. What if 90% of web searches that lead to a sale included his name? If CTR is much lower for non mcgregor ads?) etc."}
{"_id": "572611", "title": "", "text": "&gt;[**\u041a\u0430\u043a \u043e\u0431\u043c\u0435\u043d\u044f\u0442\u044c \u0438 \u0432\u044b\u0432\u0435\u0441\u0442\u0438 \u0434\u0435\u043d\u044c\u0433\u0438 \u0441 Payeer \u043a\u043e\u0448\u0435\u043b\u044c\u043a\u0430 \u0441 \u043c\u0438\u043d\u0438\u043c\u0430\u043b\u044c\u043d\u043e\u0439 \u043a\u043e\u043c\u0438\u0441\u0441\u0438\u0435\u0439! \u041b\u0443\u0447\u0448\u0438\u0435 \u0441\u043f\u043e\u0441\u043e\u0431\u044b \u043e\u0431\u043c\u0435\u043d\u0430 2017! [4:01]**](http://youtu.be/WMgGSRWPEoY)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0412\u0435\u043a\u0442\u043e\u0440 ^\u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^2 ^views ^since ^Jul ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "572612", "title": "", "text": "\"Such a flawed, grasping-at-straws article. Do both ivy league institutions and schools like Hartwick (example used in article) have students that transfer out of STEM programs? Absolutely. But I can say with absolute confidence that engineering programs (e.g.) are considerably more difficult at the former.  In reference to math SAT scores for Hartwick,  &gt;\"\"The top, middle, and bottom third of students averaged 569, 472, and 417, respectively.\"\"  Sorry, but the bottom ivy students' scores are above your top performers by a substantial margin.  Are there kids at ivy schools that got the silver spoon treatment their whole lives and perform well because of this? Yup. Characters of all types at all learning institutions. But don't demean the achievement of those who worked their asses off to get somewhere.  Hi, I am bbqbot, and my jimmies are rustled.\""}
{"_id": "572618", "title": "", "text": "ladies tennis coach Melbourne Contact Kelly Tennis today if you are looking for a ladies tennis coach in Melbourne. They offer a variety of tennis coaching classes for women, for all ages and abilities to help them improve their game or learn the basics and essentials."}
{"_id": "572620", "title": "", "text": "There's a massive commitment involved, and lots of barriers to entry, sports is just about the perfect metaphor.  You have to be pretty smart and you have to commit yourself to acquiring a set of skills that will be mostly useless if you fail to land a programming job.  That and the fact that the market changes so quickly that skills you had five years ago may no longer be relevant, while skills that have been out of fashion for 20 years might suddenly be the most necessary.  The work is anything but glamorous, tedious, and incredibly difficult to do well.  And the skillset that you'd enter college with you could parlay into much more lucrative positions.  Microsoft is competing with Bank of America for it's talent, not General Electric, and their salaries should be commensurate with the going rate for that kind of talent.  If they don't want to pay, they should offshore, but good luck with that.   Microsoft of course knows all this.  Which is why they're trying to get away with paying 10k per H1B visa when they know that acquiring the talent that they want stateside would cost them 30x as much."}
{"_id": "572622", "title": "", "text": "If your stock is rising and you want to buy on a dip, the best way to do this is by looking at the chart and incorporating simple Technical Analysis techniques. Firstly, an uptrend is defined as a price chart with higher highs and higher lowers. If you get a lower high or a lower low (or both), it could be the end of the uptrend - be cautious. This can be seen on the chart below with an uptrend line drawn.  If you draw a trend line you can wait for the price to approach the trend line, bounce off it and start moving up again to buy your stock on a dip. If instead the price closes below the trend line, be very cautious - this could be the end of the uptrend and the start of a downtrend - no telling how low the price will go. If this is the case you can then draw a downtrend line and wait for the price to close above the downtrend line before making your purchase."}
{"_id": "572626", "title": "", "text": "Well - not true at all.  The border between Finland and Russia had until recently and probably still has one of the greatest differences in living standards of any border in the world, up there with USA/Mexico and Australia/Indonesia and Spain/Morocco.   There are a lot of Estonians migrant workers working in Finland.   Sweden takes per capita the most immigrants in the western world.   It's not about the availability of work force. I guess you have not heard about the influx of people from Africa, Near East and Afganistan to the EU. It has been one of the big stories if the decade. EU takes more immigrants both relatively and in absolute terms than the US.   I did not single out Scandinavia. I singled out the US. It's the only western country where the illegal unregulated largely immigrant service class does the dirty work for the whole economy.  There are small pockets of that in EU as well - the seasonal workers of Spain for instance, but the US is really unique as a developed country."}
{"_id": "572629", "title": "", "text": "A business could buy the car outright for cash if it so chose, so no, there's no specific limit on the down payment."}
{"_id": "572630", "title": "", "text": "\"Because you have people reading the headline and then conflating gasoline for oil.  I know, I already saw the rage at the hannity forums about gasoline being so expensive when we have \"\"so much\"\" that we export it.    But they don't understand at first glance that we're still importing more oil than we export, in order to make that gasoline.\""}
{"_id": "572654", "title": "", "text": "\"This is \"\"incentive financing\"\". Simply put, the car company isn't in the business of making money by buying government bonds. They're in the business of making money by selling cars. If you are \"\"qualified\"\" from a credit standpoint, and want to buy a $20k car on any given Sunday, you'll typically be offered a loan of between 6% and 9%. Let's say this loan is for three years and you can offer $4000 down payment and/or trade. The required monthly payment on the remaining $16k at the high end of 9% is $508.80, which over 3 years means you'll pay $2,316.64 in interest. Now, that may sound like a good chunk of change, and for the ordinary individual, it is, possibly enough that you decide not to buy today. Now, let's say, all other things being equal, that the company is offering 0.9% incentive financing. Same price, same down payment, same loan term. Your payments over 3 years decrease to $450.64, and over the same loan term you would only pay $222.97 in interest. You save over $2,093.67 in interest over three years, which for you is again a decent chunk of change. Theoretically, the car company's losing that same $2,093.67 in interest by offering this deal, and depending on how it's getting the money it lends you (most financial companies are middlemen, getting money from bond-buying investors who expect a rate of return), that could be a real loss and not just opportunity cost. But, that incentive got you to walk in their door, and not their competitor's. It helped convince you to buy the $20,000 car. The gross margin on that car (price minus direct costs) is typically 20% for the dealer, plus another 20% for the manufacturer, so by giving up the $2,000 on the financing side, the dealer and manufacturer just earned themselves 4 times that much. On top of that, by buying that car, you're committing to buy the parts for the car, a side business with even higher margins, of which the car company gets a pretty big chunk. You may even be required to use dealer service while the car's under warranty in order to keep the warranty valid, another cha-ching. When you get right down to it, the loss from the incentive financing is drowned in the gross profits they make from selling the car to you. Now, in reality, it's a fine balance. The percentages I mentioned are gross margins (EBITDASG&A - Earnings Before Interest, Taxes, Depreciation, Amortization, Sales, General and Administrative costs; basically, just revenue minus direct cost of goods sold). Add in all these side costs and you get a net margin of only about 3.5% of revenue, so your $20k car purchase may only make the car company's stakeholders $700 on the sale, plus slightly higher net margins on parts and service over the life of the car. Because incentive financing is typically only offered through the company's own financing subsidiary, the loss isn't in the form of a cost paid, but simply a revenue not realized, but it can still move a car company from net positive to net negative earnings if the program is too successful. This is why not everyone does it, and not all at the same time; if you're selling enough cars without it, why give away money?  Typically, these incentives are offered for two reasons; to clear out old cars or excess inventory, or to maintain ground against a competitor's stronger sales numbers. Keeping cars on a lot ready to sell is expensive, and so is not having your brand driving around on the street turning heads and imprinting their name on the minds of potential customers.\""}
{"_id": "572670", "title": "", "text": "\"Okay - but that's about gold as an investment in today's world, and during  an extremely unstable financial situation.  Many other types of investments could be used similarly. Those who advocate gold as a hedge don't advocate buying it during a crisis, they advocate keeping some as part of an investment strategy... but again, that's gold as gold, not gold as currency.  Leveraging your investments based on current financial situations is what investing is about.   Gold as a medium for currency is a totally different thing.   What you just described would be called \"\"arbitrage\"\" - in moving markets (or other situations I guess) looking for no-lose situations where you can trade things around and increase your net value doing it.    it helps stabilize markets - as people take advantage of this situation it counters the effect and self-corrects... think about it ;)\""}
{"_id": "572681", "title": "", "text": "Yea, they seem okay with price variance. Here, the price swings a buck depending on which side of the county line you're on.  It looks like they've made it as far north as MD with the full list of states being: GA, KY, MD, NC, SC, TN, VA. They are freaking moving fast.   It was only a couple of years ago that they moved beyond the NC borders but what's wild is all the restaurants outside of NC I've seen have dine-in seating. I still get tripped up in NC and start looking for the doors to go in while the people in the drive-through stare at me in confusion. I wonder if they'll ever change that."}
{"_id": "572685", "title": "", "text": "A big part of why the insurers are pulling is is the uncertainty.  The ACA model worked in MA and is based on market forces. There is no reason it shouldn't succeed other that being actively sabotaged by the GOP. No legislation this big works out of the box yet this one has not been allowed to improve for 8 years and the GOP was rewarded for that sabotage.  If the insurance companies had clear understanding of the marketplace for the next few years you would not have this problem.  There are changes that are needed. IMO first thing is to get rid of the employee mandate. If it was up to me Id change it so no company would offer health insurance. I don't get my car insurance through work why do i get my health insurance from them. But that is long term and we need to ease into it.  There are other issues as well but they are all fixable.  The overall costs are an issue and that is not addressed in ACA at all. That I don't have an answer for but the ACA didn't make it worse."}
{"_id": "572686", "title": "", "text": "\"Just what exactly are you trying to do here?  Are you trying to defend Susan being the Chief Information Security because she could not learn Systems security?  &gt; and a C-level position requires administrative and personnel management skills and understanding of security policy, not specialized technical engineering knowledge of protocols, cryptography, etc.  Are you assuming or biased that any real security expert cannot do administrative and personnel management?   Trust me that if you can master the latest security protocols, you can do mundane \"\"administrative\"\" and \"\"personnel\"\" things.  Further, you can have great human and presentation skills.  &gt; (And not database lol.)  You also have no clue about security. FYI, all data is sitting in databases. And if you do not organize the databases correctly, you have no security. For example, social security numbers, masked, cannot be in the same database as personal information. Instead you have a pointer from the personal information the record of the socials security numbers in another database.  And just these two databases make life miserable for hackers because they have to steal data from two databases and correlate each one to the other.  So I know MUCH MUCH more than you about security. Don't challenge me in that respect.  &gt;&gt; she has no clue about security.  &gt; When have I ever defended her actions?   Just above, and constantly since day one.  &gt;&gt; So give me a possible way how Susan got her job.  &gt; Five years at HP, a year at Sun Trust Banks, four years at First Data Corporation  Do you realize that after she got her music degree, all those positions you listed she was \"\"Vice President\"\"?  So again, how does Susan get all her jobs and titles? What could possibly be that she has such a meteoric rise in the corporate level? Pure talent and skills?  &gt;&gt; If contractors are more expensive than in-house employees, nobody will use contractors.  &gt; omg where to start. I'll just chalk that comment up to inexperience and lack of understanding of total staff costs over time.... point out that employees cost more over time, demonstrating the benefit of using contractors...)  Exactly! Contractors are cheaper than in-house staff which is what I said. Thanks for confirming that.  And you said that Contractors get paid more. No they are not, except real experts and almost exclusively in IT field.\""}
{"_id": "572688", "title": "", "text": "It's tempting to think of a corporation as a real thing, because in many respects it seems to be. But it isn't a corporeal thing (despite the root word of the name). It may own corporeal things, and employ corporeal people, but it is not itself a real thing. Borrowing heavily from Prof Joseph Heath: It might be better to think of a corporation as the nexus of four separate entities: investors who provide capital, employees who do the work, suppliers who provide raw material, etc., and customers who purchase the products or services the corporation buys. In different organizations the 'owners' are different: in co-ops it's the suppliers, mutual insurance companies the customers, in employee-owned companies the employees, but in 90% of cases (including Monsanto) it's the investors. The investors who provided capital by buying shares of stock are the owners, and will be compensated. This frequently happens indirectly: You may own Monsanto stock through a mutual fund or other such aggregate which means that your mutual fund will get the money. Whether that winds up being a profit or loss is more complicated."}
{"_id": "572690", "title": "", "text": "Yes. I can by all means start my own company and name myself CEO. If Bill Gates wanted to hire me, I'll take the offer and still be CEO of my own company. Now, whether or not my company makes money and survives is another question.  This is the basis of self-employed individuals who contract out their services."}
{"_id": "572711", "title": "", "text": "In [online scrapbook](http://scrapgirls.com/), ideas can be crucial factors on whether or not you are able to create that ideal scrapbooking. It is usually best for you come up with your own ideas when generating a scrapbooking. But we all need help sometimes and to provide you a bit of help there are locations where you may discover totally totally free scrapbooking ideas."}
{"_id": "572714", "title": "", "text": "It depends on how complex your return is.  If the only reason you are not using the 1040EZ is because you are over the $ limits, you probably don't need the audit insurance.  Look at the sources of your income. A W-2 per person, some 1099's from your bank, and you take the standard deduction because you rent, you probably don't need it. If you are a day trader, and you claim to have a home office, and your return runs dozens of pages, it might not be a bad deal."}
{"_id": "572739", "title": "", "text": "Good point. One of my former clients is an Indian immigrant who moved here to have the opportunity to create a better life. He was really passionate about affiliate marketing and created an empire here. Anyone who immigrates like that is dedicated and is more likely to succeed. I don't know nearly as many native born Indians as Koreans or Chinese come to think of it."}
{"_id": "572760", "title": "", "text": "If you own 100% of the shares of a company, then you own those shares personally.  They are not owned by the company.  If you sell 50% of you shares to a third party, then you receive the proceeds of the sale, not the company.  In this case, the company's net equity is unchanged but you have exchanged 50% of your equity for cash. If you wish the company to receive the proceeds of the sale of shares, then you would have the company issue new shares in the company.  In this case, your company's net equity would increase by the cash amount received and your personal equity would change accordingly. EDIT In order to fairly sell 50% of equity by issuing new shares it would be necessary for the new investor to invest 50K.  This is because the new equity would be the original 50K of equity plus the cash received for new shares.  Thus : cost of 50% of equity = 50% of (50K + cash recieved) = cash received. Solving for cash received gives 50K, so that is the correct amount to charge the new investor."}
{"_id": "572761", "title": "", "text": "Google to determine who in your field is advertising.  now follow every link and STUDY what they are doing on their websites (design for example, copy for another example).  if they have prices, make note and of what offers they serve up  after you know all that, you could come back here"}
{"_id": "572763", "title": "", "text": "We were booming for 5 years straight. We netted 2 million one year and the rest 1.5 million. I fired my office manager with a 2 week notice. Trying to be nice giving him a 2 week notice rather than throw him out. He went behind my back and ruined all my relationships with my customers and partnerships with other companies.  I had to start at square one. I went from making theses 7 figure incomes to scraping by. Most of my money is invested into real estate so I didn't wanna sell right away. It was a good move I contacted my old clients some understood some wanted nothing to do with me. I started taking the shitty jobs no one wanted. I was running around all over trying to get as much work as possible. Now I'm not back to 7 figures but I hit a comfortable 200k net-income. I'm slowly getting back up there it's been 3 years. You just have to keep pushing and keep an open mind. Don't make the same mistake twice."}
{"_id": "572773", "title": "", "text": "\"*\"\"Amy has applied some deep rationale to her blog post because she felt robbed of her time\u2026\"\"*  No, dude, I've never worked at a startup - not unless you count Limewire. I've watched it all happen to lots of people I care about, though, and heard horror stories from all kinds of well-known founders who you wouldn't expect to be bitching about it out of the public spotlight, say \"\"I would never do that again,\"\" \"\"it's a mistake,\"\" etc. Because of my speaking career, I've also had the good fortune to hang out with famous folks who already had sold their companies. Believe you me, they are not the jolly happy rich people you would expect. They were sad, and wan.   But nobody will write about it.  I've never worked more than a 40-hour week for any length of time, and perhaps more importantly, at my first \"\"real\"\" job at a high tech contract firm at 21, I negotiated a 4-day work week of 8-hour days. Everybody told me I was crazy and would get fired, but obviously that didn't happen.  Meanwhile I spent the rest of *my* youth working at a party company (Limewire) then consulting for bigcos like Bear Stearns and Pepsi, then building my own products starting at 24. Now at 27 I've got a whole bunch of products and a verrrry nice income and a short work week, and over a half million dollars a year in revenue.  I'm not bitter. I'm passionate.   *\"\"Sadly, her reputation with prospective employers might be influenced by her choice of words in the interest of \"\"fucking glory.\"\"\"\"*  If the worst happened, and somehow all my slow-growth, very profitable products disappeared overnight, I would find a job in a hot minute. Don't you worry about me. Real companies LOVE people who actually give a damn. And the fact is, I'm amazing. My husband &amp; I clear over $250,000 years off the most boring software *ever* and spend barely a day a week on it.   But naw. I'm never going to take another job. With the exception of a special art project funded by Pepsi, I haven't done a single hour's worth of work for anyone else since January 2010.  In fact, this winter I'm taking 30 days off from my own biz -- limiting to 30 minutes a day doing email support -- and taking a road trip around New Zealand with my husband.\""}
{"_id": "572774", "title": "", "text": "I'd still take the lower total pay with higher hourly pay, because I'm saving myself time. It ultimately represents an increase in efficiency for my time, or an increase in my ROI of time, which most business people would agree is a good thing. I can supplement my income with side jobs or a side business, with the extra time I have. What's really key is what happens to overall employment. If it gets low enough to where workers can find 2nd jobs, then it may truly leave some low wage workers worse off, and the entire demographic worse off as a whole."}
{"_id": "572780", "title": "", "text": "Give this a try https://www.catalogchoice.org/ I started using it about 6 months ago and my junk mail intake has lowered dramatically! About the only thing I get regularly are stupid cash advance checks from companies I have credit cards with."}
{"_id": "572796", "title": "", "text": "Need is a strong word. As far as merchants are concerned, if they accept, e.g., Visa credit, they will accept Visa Debit. The reverse is not necessarily true. Up until lately, Aldi would only accept debit cards (credit cards have higher merchant fees), and when I used to got to Sam's Club, they would accept Visa debit, but not credit (they had/have an exclusive deal with Discover for credit). So, yes, they can tell from the card number whether it's credit or debit. However, I've never heard of a case of the situation being biased against debit.*  That said there are some advantages to having a credit card: ETA: I don't know how credit history works in the EU, but in the US having open credit accounts definitely does affect your credit score which directly affects what rate you can get for a mortgage.  *ETA_2: As mentioned in the comments and another answer, car rentals will often require credit cards and not debit (Makes sense to me that they would want to make sure they can get their money if there is damage to the car). Many credit cards do include rental car insurance if you use it to pay for your rental, so that's another potential advantage for credit cards."}
{"_id": "572810", "title": "", "text": "If the ruleset you've created turns out to have unintended consequences (and from the article, there is at least MP who thinks so), then creating more rules to clarify or modify existing rules to keep everything operating within the intent of the law isn't insanity, it's smart government."}
{"_id": "572822", "title": "", "text": "If they short the contract, that means, in 5 months, they will owe if the price goes up (receive if the price goes down) the difference between the price they sold the future at, and the 3-month Eurodollar interbank rate, times the value of the contract, times 5. If they're long, they receive if the price goes up (owe if the price goes down), but otherwise unchanged. Cash settlement means they don't actually need to make/receive a three month loan to settle the future, if they held it to expiration - they just pay or receive the difference.  This way, there's no credit risk beyond the clearinghouse. The final settlement price of an expiring three-month Eurodollar futures (GE) contract is equal to 100 minus the three-month Eurodollar interbank time deposit rate."}
{"_id": "572838", "title": "", "text": "Drug addiction is one of the most serious and sensitive problems that could afflict a community, as it affects not only the users, but also the people surrounding them. In Kansas City, the number of heroin overdose that often leads to deaths continue to increase over the last few years, according to a report from The Kansas City Star."}
{"_id": "572842", "title": "", "text": "From my knowledge, credit card balance cannot be transfered like that. On the other hand, debit card balance can. All banks have an online portal where you can log in and see all of your accounts. (Another options is to call or go to the bank and go through the same process) To transfer to banks in other countries, you need both their account details (Person's Name, Account Number) and the bank's international identifiers (Exact Name, Swift Number). If you have that information, you can simply transfer the money and then your parents (or you) can use it to pay the debt. Another option would be to assign yourself as the Debt payer (if the bank allows it) and other options would be simple money lending services like, for example, Western Union. Also, be sure that your bank will know ALL the possible ways you could proceed. Hope this helps! Robert"}
{"_id": "572846", "title": "", "text": "There are a lot of reasons why this is a mediocre idea. The first of which is that he is using salary.com and glassdoor as his sources for his software's salary information.The second problem is that it makes it easier for other companies to poach people because they will know what those people are being paid before headhunting. Third, his model assumes that people have the same incentives. Many people often forgo salary bumps and other things for reasons that aren't clear on the surface. Maybe in lieu of a promotion someone got a raise? Maybe someone accepted a lower salary with an unwritten rule that they could work fewer hours in a week or have a more flexible schedule? This guys product looks like an untested idea that could create a lot of complications."}
{"_id": "572848", "title": "", "text": "Why not just open multiple accounts at the same bank? That would make it harder to lose track of, and you could probably still get reports summarizing the balances across them. I do this and it works well, my credit union even lets me name each account so it is easy to keep them straight."}
{"_id": "572859", "title": "", "text": "To have the widest range of options in online gambling, GD2 ONE provides you with the most complete lists of online operators that have licenses issued. GD2 ONE offers many online casino games set on a wide variety of topics, each player will find exactly what he needs. Here are some of our most popular malaysia online casino games. The GD2 ONE online casino has gained the confidence of its valued players by being part of the well-known award-winning Fortune Lounge online casino offering entertainment with a vast catalog of casino games and constant promotions."}
{"_id": "572867", "title": "", "text": "&gt; but their prices aren't that bad on many things  They're often somewhat more expensive in my experience, but they carry products you can't get anywhere else (sustainably harvested/produced meat/fish, products with no artificial color/flavor, niche organic products, quality hot/cold bar, etc.) while providing employees a living wage and customers a superior experience.  If you chose to shop there you know you're paying a premium for the later two."}
{"_id": "572888", "title": "", "text": "For the sake of sanity, pay off your debt maybe not all but some part of it. You never know what the monster, the stock market may turn out to be. It may gobble up all your money without belching or it may gift you with a bounty. But if you pay off all your debt and the stock market monster is rewarding everybody else, you may rue your decision. So put some part of it the markets too, but a more safer one would be a good bet. The proportions of money for loan repayment and for investing in markets is your decision, after you evaluate all your future predictions."}
{"_id": "572904", "title": "", "text": "\"Or, given the political climate, just a fucking moron.  It's basically code for \"\"I'm a troll\"\" given a lot of the common use, but if you're announcing you're a troll, you're _being a shitty troll_. Now it's also got an air of \"\"...and I have no ability to tell when something has become old-hat and played out.\"\"\""}
{"_id": "572925", "title": "", "text": "You might want to see this question and its answers.  If it was me, I'd prefer to exchange the currency in Germany.  Why?  When you are in the US you will be on vacation.  It does not seem fun to spend vacation time in a bank."}
{"_id": "572936", "title": "", "text": "\"Hi all, confused about how employee option pools interact with pre-money and post-money VC valuations.  From what I understand, the pool essentially dilutes pre-money valuation. A quote from [FastIgnite](http://fastignite.com/startup-tools/calculating-true-pre-money-valuation):   &gt; Say the VC wants 20%. If the company is valued at $10M then the VC would put in $2.5M for a post money of $12.5M ($2.5M / $12.5M = 20%). However, if a 30% option pool is added then the post money will be $20M (the pool will be $6M) and the VC will put in $4M ($1.5M or 60% more than before). The pre-money would have jumped to $16M.  I get that in both cases, the founder stays at a $10.0m \"\"true\"\" valuation, and a pool dilutes founder pre-money ownership from 100.0% to 62.5% in this case. But, it seems like the pool is adding value out of nowhere! The only additional money is coming from the VC, but somehow the pool is worth $6m?\""}
{"_id": "572951", "title": "", "text": "From personal experience, I can tell you that bank account numbers are not unique.  Someone from another branch of my bank was able to withdraw money from my account at my branch because they had the same account number.  You are supposed to enter your branch number on the withdrawal slip in front of your account number.  The person who got my money did not do this.  Because it was at my branch, the teller debited my account for the transaction.  I caught this on my monthly statement and immediately complained to my branch manager. He was able to retrieve the withdrawal slip and saw what had happened.  He credited my account and said he was going to talk to the teller who should have asked for the branch number and/or should have noticed that the name and address on the withdrawal slip did not match those on my account.  I would not have thought that the bank would allow this situation considering how many numbers are available to assign but they did."}
{"_id": "572966", "title": "", "text": "It appears that they are dropping the 9-5 and 9-4x, focusing on the 9-3, partly because of GMs unwillingness to sell the rights to the 9-5 and 4x, and partly because they are quite heavy for an eletric.  Good night sweet prince ;(   I am however thrilled to see the 9-3 as an electric. It will be interesting to follow how this will unveil."}
{"_id": "572977", "title": "", "text": "Your business is a big part of your life, and you want to be certain that you\u2019re doing as much as possible to keep it looking sharp and ready to go. Our commercial painting services in Vancouver could be just what you\u2019re looking for. Give us a call and we can work something out so that your business looks as good as new!  http://barwickpainting.com/commercial/"}
{"_id": "573025", "title": "", "text": "It is considered a powerful antioxidant that prevents damage to the DNA of cells, always exposed to free radicals and solar radiation. Another function of vitamin c benefits against skin aging is the ability to increase the synthesis of collagen, a very abundant protein in the skin that decreases over the years. It is also non-irritating bleach that at the same time reduces fine lines and wrinkles, minimizes redness and restores flexibility."}
{"_id": "573036", "title": "", "text": "\"&gt;would there be enough buyers to sell them?  yes, but you wouldnt sell them because (hopefully) you have studied what bitcoin is (a network for payments/value rather than a \"\"coin\"\").  learn today, and maybe profit in future and change the world :)  https://www.youtube.com/watch?v=qkxdys-Ek9U\""}
{"_id": "573039", "title": "", "text": "Are there any laws against doing this?  so long as you are truthful in your application for the loan, none that I know of - technically you could use the loan to pay for school and the cash that you would have used instead to invest.   Are there other reasons why this is a very bad idea? I think you've already identified the biggest one, but here are my reasons: Will you go broke or go to jail? Likely not, but there is significant risk in investing with borrowed money. You might come out ahead, but you might also lose a bundle.  If you're willing to take that risk, that's your right, but I would not call it a good idea under any circumstances."}
{"_id": "573055", "title": "", "text": "Not quite.  Every security issued by the company defines what it gets. If you want to go straight to common stock, the shareholders are in fact owners of the company: after everyone else gets paid, no matter what is left, it belongs to the common shareholders."}
{"_id": "573067", "title": "", "text": "While it is true that homeowners insurance will cover emergencies, it is very important to check and make sure that your policy is covering everything that it needs to. A great example is what happened to all of those without flood insurance in Tennessee last year. You may opt not to get additional coverage, but then you should make sure that you are setting aside funds for such a catastrophe."}
{"_id": "573069", "title": "", "text": "Surprised that no one has mentioned **Dun &amp; Bradstreet** yet. A lot of small businesses require a D&amp;B number for various reasons (getting an extended verification SSL cert, applying for government contracts, etc). D&amp;B numbers are *free*, but the D&amp;B sales guys will lie and threaten you about expensive up-sells over the course of many phone calls before you can actually get it. Then once you have the number, they send this bullshit spam saying that your credit report has changed, but you got to pay to know what they're saying about you. Sorry for the rant, just D&amp;B is the scummiest company I've dealt with in a long time."}
{"_id": "573071", "title": "", "text": "do I have to pay any tax? Technically this would be treated as Gift from non relatives and taxes as per gift tax rules. There is a limit of Rs 50,000 per year to receive funds from non-relatives. Note if the amount becomes Rs 50,001 then the entire Rs 50,001 is taxable.  If you are again giving this money to your friend, then your friend is also liable to pay Gift Tax on the money received. It is best recommended that you have your friend open an account."}
{"_id": "573076", "title": "", "text": "I was listening to Marketplace this morning and this young social worker was talking about her life and how hard it is to start the family she wants since her student loans are $2100 a month. How the hell is that even possible? That's $25k a year with I'm assuming 10 years to pay it off. She borrowed nearly $200 grand to become a social worker?"}
{"_id": "573077", "title": "", "text": "\"Being \"\"Long\"\" something means you own it.  Being \"\"Short\"\" something means you have created an obligation that you have sold to someone else.  If I am long 100 shares of MSFT, that means that I possess 100 shares of MSFT.  If I am short 100 shares of MSFT, that means that my broker let me borrow 100 shares of MSFT, and I chose to sell them.  While I am short 100 shares of MSFT, I owe 100 shares of MSFT to my broker whenever he demands them back.  Until he demands them back, I owe interest on the value of those 100 shares.  You short a stock when you feel it is about to drop in price.  The idea there is that if MSFT is at $50 and I short it, I borrow 100 shares from my broker and sell for $5000.  If MSFT falls to $48 the next day, I buy back the 100 shares and give them back to my broker.  I pocket the difference ($50 - $48 = $2/share x 100 shares = $200), minus interest owed.  Call and Put options.  People manage the risk of owning a stock or speculate on the future move of a stock by buying and selling calls and puts.  Call and Put options have 3 important components.  The stock symbol they are actionable against (MSFT in this case), the \"\"strike price\"\" - $52 in this case, and an expiration, June.  If you buy a MSFT June $52 Call, you are buying the right to purchase MSFT stock before June options expiration (3rd Saturday of the month).  They are priced per share (let's say this one cost $0.10/share), and sold in 100 share blocks called a \"\"contract\"\".  If you buy 1 MSFT June $52 call in this scenario, it would cost you 100 shares x $0.10/share = $10.  If you own this call and the stock spikes to $56 before June, you may exercise your right to purchase this stock (for $52), then immediately sell the stock (at the current price of $56) for a profit of $4 / share ($400 in this case), minus commissions.  This is an overly simplified view of this transaction, as this rarely happens, but I have explained it so you understand the value of the option.  Typically the exercise of the option is not used, but the option is sold to another party for an equivalent value.  You can also sell a Call.  Let's say you own 100 shares of MSFT and you would like to make an extra $0.10 a share because you DON'T think the stock price will be up to $52/share by the end of June.  So you go to your online brokerage and sell one contract, and receive the $0.10 premium per share, being $10.  If the end of June comes and nobody exercises the option you sold, you get to keep the $10 as pure profit (minus commission)!  If they do exercise their option, your broker makes you sell your 100 shares of MSFT to that party for the $52 price.  If the stock shot up to $56, you don't get to gain from that price move, as you have already committed to selling it to somebody at the $52 price.  Again, this exercise scenario is overly simplified, but you should understand the process.  A Put is the opposite of a Call.  If you own 100 shares of MSFT, and you fear a fall in price, you may buy a PUT with a strike price at your threshold of pain.  You might buy a $48 June MSFT Put because you fear the stock falling before June.  If the stock does fall below the $48, you are guaranteed that somebody will buy yours at $48, limiting your loss.  You will have paid a premium for this right (maybe $0.52/share for example).  If the stock never gets down to $48 at the end of June, your option to sell is then worthless, as who would sell their stock at $48 when the market will pay you more?  Owning a Put can be treated like owning insurance on the stock from a loss in stock price.  Alternatively, if you think there is no way possible it will get down to $48 before the end of June, you may SELL a $48 MSFT June Put.  HOWEVER, if the stock does dip down below $48, somebody will exercise their option and force you to buy their stock for $48.  Imagine a scenario that MSFT drops to $30 on some drastically terrible news.  While everybody else may buy the stock at $30, you are obligated to buy shares for $48.  Not good!  When you sold the option, somebody paid you a premium for buying that right from you.  Often times you will always keep this premium.  Sometimes though, you will have to buy a stock at a steep price compared to market.  Now options strategies are combinations of buying and selling calls and puts on the same stock.  Example -- I could buy a $52 MSFT June Call, and sell a $55 MSFT June Call.  I would pay money for the $52 Call that I am long, and receive money for the $55 Call that I am short.  The money I receive from the short $55 Call helps offset the cost of buying the $52 Call.  If the stock were to go up, I would enjoy the profit within in $52-$55 range, essentially, maxing out my profit at $3/share - what the long/short call spread cost me.  There are dozens of strategies of mixing and matching long and short calls and puts depending on what you expect the stock to do, and what you want to profit or protect yourself from.  A derivative is any financial device that is derived from some other factor.  Options are one of the most simple types of derivatives.  The value of the option is derived from the real stock price.  Bingo?  That's a derivative.  Lotto?  That is also a derivative.  Power companies buy weather derivatives to hedge their energy requirements.  There are people selling derivatives based on the number of sunny days in Omaha.  Remember those calls and puts on stock prices?  There are people that sell calls and puts based on the number of sunny days in Omaha.  Sounds kind of ridiculous -- but now imagine that you are a solar power company that gets \"\"free\"\" electricity from the sun and they sell that to their customers.  On cloudy days, the solar power company is still on the hook to provide energy to their customers, but they must buy it from a more expensive source.  If they own the \"\"Sunny Days in Omaha\"\" derivative, they can make money for every cloudy day over the annual average, thus, hedging their obligation for providing more expensive electricity on cloudy days.  For that derivative to work, somebody in the derivative market puts a price on what he believes the odds are of too many cloudy days happening, and somebody who wants to protect his interests from an over abundance of cloudy days purchases this derivative.  The energy company buying this derivative has a known cost for the cost of the derivative and works this into their business model.  Knowing that they will be compensated for any excessive cloudy days allows them to stabilize their pricing and reduce their risk.  The person selling the derivative profits if the number of sunny days is higher than average.  The people selling these types of derivatives study the weather in order to make their offers appropriately.  This particular example is a fictitious one (I don't believe there is a derivative called \"\"Sunny days in Omaha\"\"), but the concept is real, and the derivatives are based on anything from sunny days, to BLS unemployment statistics, to the apartment vacancy rate of NYC, to the cost of a gallon of milk in Maine.  For every situation, somebody is looking to protect themselves from something, and somebody else believes they can profit from it.  Now these examples are highly simplified, many derivatives are highly technical, comprised of multiple indicators as a part of its risk profile, and extremely difficult to explain.  These things might sound ridiculous, but if you ran a lemonade stand in Omaha, that sunny days derivative just might be your best friend...\""}
{"_id": "573079", "title": "", "text": "&gt;Suppose they had priced it at $25 and limited the number of shares they would have gotten less money but they'd also be looking at a massively successful pop on their share price.  ...which would've benefited them how, exactly? Sell a share for $38 and it drops to $25, the company gets $38. Sell a share for $25 and it goes to $150, the company gets $25."}
{"_id": "573093", "title": "", "text": "Each of the Saudis don't have that much ownership because they technically own most of the stuff together and there are so many of them.  In reality, most of the wealth is actually controlled by a much smaller clique, each of which would probably rate pretty damn high in the Forbes list if their wealth was public."}
{"_id": "573097", "title": "", "text": "When it comes to Vortex Optics, you are going to gain access to wide variety of high performance hunting and birding optics at surprisingly affordable prices. Read unbiased reviews of Vortex riflescopes, red dots, rangefinders, binoculars, spotting scopes, tripods, monoculars, apparel and supplies."}
{"_id": "573102", "title": "", "text": "It was just for these two guys but we might be seeing a return to the finance hiring arms race for MBAs back in the 90's.  The number of MBAs every year has been dropping due to the recession but I think we're still a ways off from a hiring boom across the board."}
{"_id": "573138", "title": "", "text": "I think I'm reading that you cosigned a loan with a friend, and they've stopped paying on their loan. Not a whole lot of options here. You'll have to pay the loan off by yourself or allow the loan to go into collections in hopes that you'll get more money later and pay it off then. Small claims court is definitely an option at that point. Next time, perhaps try not to cosign loans with friends unless you really trust them and are confident that you can pay the loan off if they cannot."}
{"_id": "573140", "title": "", "text": "Melodrama much?   The only reason this hurts the franchise system is because it prevents the franchiser from profiting from labor violations at the franchise level.  So, sure some franchises might not be viable anymore, but that might not be so bad for society as a whole, those jobs will just transition to other food joints.  In terms of franchiser operational changes, its not going to change anything other than the cost of drafting up some company wide pay policies and reworking the franchise contracts to allow McDs  to revoke franchise licenses in the event that they violate labor laws."}
{"_id": "573143", "title": "", "text": "\"This is fraud, the related legal code is \"\"11 USC 548 - Fraudulent transfers and obligations\"\"; also see the wiki page for Fraudulent Conveyance in the United States.  Highly suggest cutting off contact with this person, and speaking with a lawyer as soon as possible to make sure you have not already broken the law.\""}
{"_id": "573158", "title": "", "text": "The limits for 2011 and 2012 are $5000 or $6000 if you are 50 or older. The 2011 income limit is $169K, but that's MAGI, not gross. With a $180K income, your MAGI is likely below $169, but you can only tell by looking at your return. If you are this close, you might have to convert to a non-deducted IRA, or withdraw the money. Else, you can fund the 2011 IRA when you file the return in 2012 to be sure."}
{"_id": "573168", "title": "", "text": "\"&gt;The other thing about coal is that unlike retail and other industries, coal is highly concentrated in certain regions. When coal mines shut down, towns go under.      So yes, looking at it from a national perspective, it \"\"only employs a trivial number of workers\"\" but from a local perspective the number of  employees is far from trivial.\""}
{"_id": "573176", "title": "", "text": "Leadership training is an ever-evolving concept, which is filled with relevant strategies and plans. The training could prove handy in evaluating the potential of new projects and opportunities of the company, which can debar one from facing losses in the business. Leadership training is basically a development oriented program which is recommended to every individual eyeing for a glorious run at business. http://www.123articleonline.com/articles/998684/leadership-training-the-key-contributor-for-success-in-corporate"}
{"_id": "573178", "title": "", "text": "You know what I find truly interesting? People shying away from the term sexist. You have the view that women cause more drama than men in the office, right? And you'll stand by that statement, but don't agree with being called sexist for it? Why does the term sexist offend you, but making generalizations of people based on their gender doesn't?"}
{"_id": "573185", "title": "", "text": "There no legal framework that allows states like the US or countries in Europe to default on their debt.  Should congress pass a law to default the US supreme court is likely to nullify the law."}
{"_id": "573199", "title": "", "text": "\"The Solicitor involved up front should be able to place constrictions as your suggesting.  I think you should look carefully at the desired wording. You deserve a return on your \u00a3100k. Say, the day after you buy (this is hypothetical, please bear with me) a developer says he needs the property and will give you \u00a3460k. Your wording here says you get \u00a3100k, and then, after the mortgage split \u00a3230k, but it seems more reasonable that your deposit doubles to \u00a3200k, the remaining \u00a3260k pays the mortgage, and the \u00a3130k left is split, \u00a365k each.  My method accounts for the value of your \u00a3100k. Some would ask, why not apply the mortgage rate to that deposit? Because the home value may grow at a different rate. In my opinion, it's fair to apply the home value growth to the \u00a3100k deposit.  \"\"Fair\"\" means different things to different people. This is my opinion, and a suggestion. Consider it, and do what you and your partner wish. Use a solicitor. Put it in writing.\""}
{"_id": "573209", "title": "", "text": "THEY ARE NOT RUNNING AROUND KILLING PEOPLE. A HANDFUL OF PEOPLE OUT OF LITERALLY MILLIONS ARE. WHY DO YOU NOT UNDERSTAND HOW NUMBERS WORK????  There is NO statistical evidence supporting any of the bullshit you're spouting. You are a racist, stupid fuck. Go away. I hope the evil Muslims get you first."}
{"_id": "573213", "title": "", "text": "Yes, it is.  Got to start somewhere.  Typically directly through a company itself. Check out this site that lists a bunch of them and their minimum requirements.  Not many only accept $100 but there are a few. ie. ACTIVEnergy Income Fund, CIBC, COMPASS Income Fund, Suncor Energy Inc. and a few others."}
{"_id": "573216", "title": "", "text": "\"According to the Fair Credit Reporting Act: any consumer reporting agency may furnish a consumer report [...] to a person which it has reason to believe [...] intends to use the information in connection with a credit transaction involving the consumer on whom the information is to be furnished and   involving the extension of credit to, or review or collection of an account of, the consumer See p12 (section 604). The usual interpretation of this that I've heard is that a debt collection agency that owns or has been assigned a debt can make hard pulls on your credit report without your consent. This link seems to support that (and references the same part of the act, among others): According to the Fair Credit Reporting Act, [...], any business can access your credit history without your permission provided the business has a valid \"\"permissible purpose.\"\" The FCRA notes that one such permissible purpose is to review your credit information in connection with the collection of a debt. Thus, if you owe money to a debt collector, the debt collector has the legal right to pull and review your credit report. If they haven't been assigned the debt or own it outright, I believe you have a legal right to dispute it. Consult a lawyer if this is actually a situation you face.  Once use for this is if the debt collection agency has trouble locating you; since your credit report normally contains current and past addresses, this is one way to locate you.\""}
{"_id": "573217", "title": "", "text": "Gout medicine (brought to the U.S. by Ben Franklin from France) Colchesin used to be $4 per bottle.. I went to refill my prescription and it was $980.00 for a bottle... They were now $4.00 per PILL. The FDA let one company have the monopoly."}
{"_id": "573220", "title": "", "text": "*The Economist* is one of the most virulently Russophobic magazines in the world. Edward Lucas, who heads up their Eastern Europe dept, is pure flake.  Schulz spoke at a public conference in Europe. No doubt there is a transcript posted somewhere online. No doubt the Russians published this first because their interests are most directly affected. No doubt more will be written on it but I only saw once that the EU admitted they messed up on the Ukraine Association Agreement by not dealing with Russian business interests in the work. They have since set about remedying that fault with Russia and Ukraine.  It is no secret Europe is hurting from the Russia response to western sanctions and it is no secret that Russians are prepared to pay the price because they want it known that just like John J Mearsheimer writes, [**the Ukraine Crisis Is the West\u2019s Fault.**](http://www.foreignaffairs.com/)"}
{"_id": "573235", "title": "", "text": "Microsoft is in far deeper trouble than most people realize, especially Wall Street.    * Windows Phone - nearly dead  * Windows 8 - fiasco  * Azure - the poor step child to AWS with beta functionality that lasts forrrrrrrrever  * Bing - they lose billions of dollars a year on this.  Time to sh*t or get off the pot.  * Office - a shiny new coat on the outside every few years but under the hood, it's the textbook definition of spaghetti code.    * Internet Explorer - when you try and take victory laps on reddit because your browser FINALLY complies with standards after all of these years, you should just shut up about it.  * They have poured billions into buying companies where the end result is basically wasted money.  They bought Skype a few years ago and they still have not built out a fully functional Windows 8 version of the app.  If you want to delete your Skype account, they literally tell you that it can't be deleted but instead to edit your profile to a bunch of gibberish and save it.  WTF is that?  Whomever is in charge should be fired.    As someone who has worked with MS for 2 decades, the past few years has just been an embarrassment.  Their employees act like fading movie stars who can only remember their glory from 20 years ago while the movies they make today are awful.  They need a substantial kick in the butt if they are to survive at anywhere near their present size.  Bill Gates has sold nearly all of his shares....take that as a hint.  Edit:  What was I thinking?  I forgot the Surface Pro 3!  Pro 1 caused them to write down nearly $1 billion in inventory it sold so poorly.  Pro 2 was short lived and I am not even sure what that was about.  Pro 3 gets reasonable reviews but it costs **more** than a comparable Mac Air, which is no small feat.  I didn't major in marketing in college but I'm pretty sure that when you're the underdog, you don't price your product higher than the market leader."}
{"_id": "573239", "title": "", "text": "The SEC 30-Day Yield you're seeing is a standardized yield calculation set out by the Securities & Exchange Commission.  It can be useful for comparing bond funds, but it doesn't guarantee what you'll actually earn from a fund. IMPORTANT: The SEC 30-day yield represents a bond fund's returns from the previous 30 days expressed as an annual percentage of the current fund price \u2014 yes, an annual percentage. In other words, don't expect 1.81% return on your money every 30 days!  Such a return is too-good-to-be-true return in today's low rate environment.  1.81% per year?  More reasonable. Even then, the 1.81% you see is merely an estimate, one based on assumptions, of what you might expect to earn if you keep your money in place for the next year.  The estimate is based on the assumptions that: These aren't reliable assumptions.  BIV's price does fluctuate.  You are not promised to get your principal back with a bond fund.  Only an individual bond promises your principal back, and only at maturity. So, earning $181 on $10,000 invested for a full year while taking on interest-rate and other risks might not be worth the trouble of putting your money in a brokerage account. You'll need to transfer the money in and out, and there are potential trading fees to take into account.  (How much to buy/sell units?) An FDIC-insured high interest savings account makes more sense."}
{"_id": "573242", "title": "", "text": "Once you turn 18 you should open an account in your own name and transfer the assets there. Currently your mom is the one responsible as far as the IRS cares with respect to taxes as it is her name on the account. The taxes due will be based on your mom's tax rate. As a good child you can reimburse your mom for the taxes that she has to on your behalf. Also legally that money currently belongs to her. Any legal judgement against your mom can claim that money and it is not available for using as an asset by you on credit applications and such. A better solution would have been for your mom to open a custodial account in your name. This way the money is still yours (you just don't have control of it until you turn 18). While probably not an issue here, the transferring of money between you and your mom (and then back) is considered a gift by the IRS. If the account was very well funded then you could run into having to deal with the annual gift limit and lifetime gift exclusion. Based on the clarification that the question is in reference to India: while I don't know the particulars of the law in India my advice of transferring the assets when you turn 18 still remains. The main difference that I would see been India and the US would be the gift tax / exclusions. Unless someone else knows otherwise I would still expect the law in India to see the current account as being the property of the mother."}
{"_id": "573250", "title": "", "text": "FYI - I'm not a lawyer I would not try to reverse the transfer.  You need to create a paper trail as to what happened to this money and why.  Be sure to document whatever you do. Reach out again Reach out to the company again and see if you can transfer the money back to their account.  A wire transfer is $20 (usually), be sure to negotiate the company covering this, and every other fee. If you cannot reach them You could probably move the money to an escrow account at your new bank.  The new bank will likely be able to advise you on the best way do this.  You should probably also send a letter via certified mail (to ensure they received it) informing them you've done this and how to get in touch with you. By putting the money in an escrow account, you've proven that you haven't used it, and if the company wants it back its very obvious who's money it is.  Sending the certified mail (someone must sign for it), will also create a paper trail that will help you if things get ugly. Finally don't spend it"}
{"_id": "573265", "title": "", "text": "The are a couple of explanations that I can think of; though for determining exactly what is different you will want to print out both returns and compare them line by line to see how they differ. If the company grossed up your income to account for the taxes on housing (possibly by paying the additional withholding), you may be just benefiting from them estimating your tax rate. This can especially be the case if your only work was the three month internship. They would have to assume your salary was for the entire year. There is an earned income tax credit for low wage earners that you may have qualified for (it would depend your specific circumstances if you meet the criteria). But that credit for a range of income actually pays out more the more you earn (to encourage working that extra hour instead of reducing benefit because you had another hour of employment). As for the housing subsidy itself, while the value is quite high the IRS considers that to be a taxable benefit that the employer provided you and so it needs to be added to your W-2 wages. $8k a month seems quite high, but I don't know the quality of the apartment you were provided and what the going rates are in the area. Given that you said you worked for a major tech company, I can imagine that you might have been working in an area with high rents. If the employer did gross up your paycheck so as to cover your taxes, that $24k would also include that extra tax payment (e.g. if the employer paid $8k in additional taxes for you, then the housing cost that they directly paid were $16k)."}
{"_id": "573276", "title": "", "text": "If you're in the US, you have some no down payment options, but you still need some closing costs money, that can potentially be negotiated with the seller.  There are fha loans which have very low down payment options, 80/20 loans which are 100% coverage, hud assistance on fha to get a 100% loan.  Your 401k can be leveraged into the loan as 35% collateral paying 7% interest on a traditional no recourse loan. These options are available with a work history and if you're not taking on more debt than you can pay with 30% salary. Finding an angel investor will be harder than working with the bank, they have much less room for risk.  It's easier to find a current landlord and asking about a rent to own, though, this will be more expensive than a mortgage. To be honest though, most people are in a rush to be house poor, living on the edge of affordability.  I don't know your situation, but I do know that rushing into things can be very expensive in the long run."}
{"_id": "573282", "title": "", "text": "\"I have real, working insight on how some businesses look at IT as a third wheel.  We have 800 employees, with roughly 200 of them being computer users.  While some companies are debating on whether or not to name a CIO, we have no acting IT director, no one that is titled a manager, nothing.  We have two people dedicated to IT.  I have a bullshit title, answer to the IT \"\"manager\"\" who has another bullshit title who answers to the controller, who answers to the CFO, who answers to the CEO.  I have trained a PR person enough to handle website editing tasks so I don't have to get my hands dirty for little things and to handle social media.  I could go on for hours about how to properly structure your company for IT services by describing a terrible scenario but you already hit the nail on the head.\""}
{"_id": "573290", "title": "", "text": "Once again. You're taking your finance experience and cross applying it. Very technical degrees like CS often require less gen Ed classes. UIC only allows for 50 gen Ed in their CS program compared to 60 in finance. Stop thinking the degree requirements and paths are the same. They're not."}
{"_id": "573298", "title": "", "text": "In case you didn't read the article, they're capped at OVERTIME pay. In other words, they'll continue to get paid their normal salary, but won't get additional benefit over 40 hours worked.   Not sure what kind of work you're in, but overtime isn't typical in my part of the world."}
{"_id": "573300", "title": "", "text": "**Slavery**  Slavery is, in the strictest sense of the term, any system in which principles of property law are applied to people, allowing individuals to own, buy and sell other individuals, as a de jure form of property. A slave is unable to withdraw unilaterally from such an arrangement and works without remuneration. Many scholars now use the term chattel slavery to refer to this specific sense of legalised, de jure slavery. In a broader sense, however, the word slavery may also refer to any situation in which an individual is de facto forced to work against their own will.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "573301", "title": "", "text": "\"The buy-to-rent investment bubble created (in some markets) a large number of new housing starts often exceeding the available demand.  Since people were investing in the capital gain, they didn't mind whether a place was rented or not.  Many places stood empty at the prices investors wished to charge. In the UK where building restrictions are so dire that few new houses can be built, new house production is less than market demand which keeps up rental prices.  There just isn't any stock. In the US, where construction is more liberal, rental prices can fall as new stock enters the market.  A driver will be where the sales market dries up and owners must rent to cover at least some of their mortgage losses. Or, as Joel points out, if a major employer which dominates a small town, leaves.  Many old industrial towns feature both low rentals and plenty of empty, low-priced property.  Liverpool, in the UK, features entire empty neighbourhoods all boarded up. If you're looking to track metrics on this simply look at migration patterns.  Where large numbers of people are moving \"\"towards\"\" prices (and rentals) will rise.  Where people are moving \"\"away\"\" all prices fall.\""}
{"_id": "573313", "title": "", "text": "The way I read the title, I thought the game was trading stocks in other Redditors. For example, you could invest a certain amount in other redditors, and depending on the net karma for the duration of the game you would make gains or losses. You could put all your money into someone with a two month old account and hope they hit the front page, or invest in  someone like Forthewolfx and have a safe bet that you'd have at least marginal increases. Studying trends on the redditors past posts would influence you to buy or sell. Then I realized this would pretty much be impossible to pull off, and that I have absolutely no idea what I'm talking about."}
{"_id": "573376", "title": "", "text": "My opinion of Seeking Alpha is that they try to manipulate stock prices for personal gain.  However, Microsoft is to big to be manipulated by Seeking Alpha, so I'll go with your interpretation.  Edit: I'm no fan of Microsoft, but I think Ballmer is being unfairly blamed for the companies problems."}
{"_id": "573380", "title": "", "text": "\"No money is gone.  The movement of the existing currency has slowed down.  Currency moves through the economy through deposits or loans to banks, and withdrawal from banks as proceeds from loans or return of deposits.  When a bank makes a loan they provide a balance in a bank account, which isn't converted to hard currency until withdrawn.  So those bank loans essentially count as currency, and thus effectively multiply the stock of currency available.  Deposits into money market funds, and those funds loans into the commercial paper markets, have the same effect.  Banks and money funds are now making fewer loans.  In particular they are not funding \"\"companies\"\" that invested in securitizations of home mortgages and credit card receivables, but they are also lending less to businesses and consumers.  Because they are lending less they are \"\"effectively multiplying\"\" the currency less.   Think of deposited and lent currency as spare cycles on a desktop computer.  You let your computer help decipher the genome when you aren't using it yourself.  If you somehow feared that you would lose those cycles, slowing down your own computing, you would be less likely to lend those cycles out.  There would still be the same number of computing cycles in the world, but the stock of those available for actual computing would appear to be diminished.  The technical term for this concept is \"\"monetary velocity\"\" and it is a crucial factor in determing the level of overall economic activity, banking stability, and inflation.\""}
{"_id": "573394", "title": "", "text": "\"Depending on what you mean by \"\"High-quality health insurance,\"\" it is part of the problem.  If you don't care about price (because you are using your insurance pays for everything), providers will charge as much as your insurance will pay.  Health insurance in this country turned into a poorly built health service subscription business because the government made it cheaper for your employer to provide you wages in the form of health insurance than in money.  There are new health service business models popping up that are built as a health service subscription.  Providers charge a flat monthly rate and you get to use as much as you want.  The doctors and other service providers don't have to deal with insurance, and get to keep everything.  Unfortunately, they are illegal in some states.  Get the government out of the health services sector.  End the subsidy for health insurance paid by employers, or provide the same subsidy for health services purchased by individuals.  Allow any group to negotiate group coverage.  Why is your health insurance tied to your job?  Allow communities, extended families, or any organization to purchase group coverage.  Stop requiring purchasing insurance services you don't want and will never use, like a gay men being required to purchase maternity insurance.\""}
{"_id": "573404", "title": "", "text": "\"No, investing in gold is a bad idea. Gold at these prices is completely useless. There are many other precious metals that are far more useful.   It seems highly unlikely you will make a large return and the downside is huge. If the world economy is stabilised gold will halve very quickly, perhaps more.   A great piece of advice I have had while investing is \"\"if the shoe shine boy tells you to buy; sell\"\", i.e. when the general public think it is a good idea to invest in a certain product you have already missed the boat.  You have missed the gold boat.  Unfortunately most safe heavens are exhausted: chf, jpy, gold, etc. At the moment there aren't any safe places.  NOK is probably your best bet but beware of intervention (see EURCHF around sep last year).\""}
{"_id": "573417", "title": "", "text": "I don't know what you are asking. Can you give me an example of what fits the question?   That you use phrases like profit extraction make me think we have a different assumption base, so I think we have to find common syntactic ground before we can exchange ideas in a meaningful way. I would like to do so, though, so I hope you respond."}
{"_id": "573436", "title": "", "text": "Florida has plenty of theme parks, entertainment centres, resorts, vacation destination and sport venues as compared to other states. Busch Gardens, Walt Disney, Gatorland, Sea World, and Universal Orlando, EPCOT and Discovery Cove are the most popular sites in Florida."}
{"_id": "573464", "title": "", "text": "Whats hilarious is that Sears WAS amazon.  Sears started as a catalog service, basically an analog version of Amazon. Then they pivoted to department stores. Had they truly stuck with their why (big Simen Sinek fan here), they would have seen the internet as an awesome new tool to get them back to their roots. With better leadership they could have been Amazon. They ahould have been Amazon.  Lesson being, never let success prevent you from continuously reviewing the value you bring to your customers. And never forget your roots."}
{"_id": "573498", "title": "", "text": "You need a proof of address and also they ask you for a letter from employer. But usually you dont need any of that... there are always correct answers to all the questions, but you still need an address where they will send you your papers along with debit card etc. So need to rent a place or have some mail forwarding service would help. Here is what people usually do in London: Go to a branch of lets say Lloyds TSB that is not in the center of London, use some far away branch, Like Morden or so. Say that you arrived a month/week ago and looking for a job.(not laborer) Say that need your account to send money from abroad to support your living during the Job search. hand in your passport and your account will be ready the same day, while you can wait for your card 1week. Your pin number for the card +2/3days Hope that helps."}
{"_id": "573518", "title": "", "text": "\"Arguably, \"\"because they can\"\".  Canada's banking industry is dominated by five chartered banks who by virtue of their size, pretty much determine how banking is done in Canada. Yes, they have to abide by government regulation, but they carry enough weight to influence government and to some extent shape the regulation they have to follow. While this situation makes Canada's financial system very stable and efficient, it also permits anti-competitive behavior.  There was a time (when U.S. banks were not permitted to operate across state lines) when the smallest of Canada's \"\"big 5\"\" was bigger than the biggest U.S. bank, despite our economy having always been about 1/10 the size of the U.S. That scale and their small number gives the \"\"big 5\"\" the ability to invest heavily in and collaborate on whatever they decide to be in their own interest. So, if they want to charge fees, they do.\""}
{"_id": "573523", "title": "", "text": "\"I'll assume United States as the country; the answer may (probably does) vary somewhat if this is not correct.  Also, I preface this with the caveat that I am neither a lawyer nor an accountant.  However, this is my understanding: You must recognize the revenue at the time the credits are purchased (when money changes hands), and charge sales tax on the full amount at that time.  This is because the customer has pre-paid and purchased a service (i.e. the \"\"credits\"\", which are units of time available in the application).  This is clearly a complete transaction.  The use of the credits is irrelevant.  This is equivalent to a customer purchasing a box of widgets for future delivery; the payment is made and the widgets are available but have simply not been shipped (and therefore used).  This mirrors many online service providers (say, NetFlix) in business model.   This is different from the case in which a customer purchases a \"\"gift card\"\" or \"\"reloadable debit card\"\".  In this case, sales tax is NOT collected (because this is technically not a purchase).  Revenue is also not booked at this time.  Instead, the revenue is booked when the gift card's balance is used to pay for a good or service, and at that time the tax is collected (usually from the funds on the card).  To do otherwise would greatly complicate the tax basis (suppose the gift card is used in a different state or county, where sales tax is charged differently?  Suppose the gift card is used to purchase a tax-exempt item?)  For justification, see bankruptcy consideration of the two cases.  In the former, the customer has \"\"ownership\"\" of an asset (the credits), which cannot be taken from him (although it might be unusable).  In the latter, the holder of the debit card is technically an unsecured creditor of the company - and is last in line if the company's assets are liquidated for repayment.   Consider also the case where the cost of the \"\"credits\"\" is increased part-way through the year (say, from $10 per credit to $20 per credit) or if a discount promotion is applied (buy 5 credits, get one free).  The customer has a \"\"tangible\"\" item (one credit) which gets the same functionality regardless of price.  This would be different if instead of \"\"credits\"\" you instead maintain an \"\"account\"\" where the user deposited $1000 and was billed for usage; in this case you fall back to the \"\"gift card\"\" scenario (but usage is charged at the current rate) and revenue is booked when the usage is purchased; similarly, tax is collected on the purchase of the service.  For this model to work, the \"\"credit\"\" would likely have to be refundable, and could not expire (see gift cards, above), and must be usable on a variety of \"\"services\"\".  You may have particular responsibility in the handling of this \"\"deposit\"\" as well.\""}
{"_id": "573531", "title": "", "text": "\"My experiment has concluded, with the same exact result that Aganju told me to expect. Just pulled Equifax report on CreditKarma, and confirmed that my bank reported the balance as $0. I expect that TransUnion will be the same; I'll update if it's different (evidently TU is still behind on the updates from my bank; I'll check again next week.) Regarding my score: I went from 1.333% card utilization to 0%, but my \"\"VantageScore 3.0\"\" did not change at all; not even by one point.\""}
{"_id": "573537", "title": "", "text": "How do we define worth? To stock traders and some investors it has value either as a transaction or as a piece in an asset allocation strategy. Is is likely to generate long term revenues and profits that reflect the historical relationship between those factors and stock price performance? Unlikely.  It might be a good short term play for the nimble investor but the real test of 'worth' will be after the initial hype dies down. It is what happens to the stock 90 days after it goes public that matters for the long term. Forgetting contributions to society, knowledge and culture, the markets will at that point make their determination about value."}
{"_id": "573544", "title": "", "text": "Venezuelan has lots to offer with there oil.  It is just a matter of getting it out of the ground.  But I don't think the government will last long enough to pay back the bonds.  However  Goldman Sacks might know something we don't.  The second this revolution goes hot investors will lose almost everything."}
{"_id": "573552", "title": "", "text": "As Andy T says, it is very common for landlords to have a residential mortgage (typically capital + interest) on their own home, and a buy-to-let mortgage (typically interest-only) on each rental property that they own. However, before going down this route, you will need to do some homework. Buying and letting a property is covered by a fair amount of legislation and tax rules; and in the last couple of years, the amount of regulation has increased, as has the amount of tax you're likely to pay. Letting a property can be profitable, but you need to do the maths first, and make sure you do everything by the book. Using a reputable letting agent, at least for your first tenant, should help avoid common pitfalls. There are a number of good websites on this subject. Note that the rules in England, Wales, Scotland and Northern Ireland are all different, so make sure that you get the right information!"}
{"_id": "573585", "title": "", "text": "I couldn't read all the instructions because of the image, but read them over and over and make sure you actually won. Then read all the fine print on the back of the ticket too.  Great news it sounds like so far.  Also, keep this info secret such that no one may try to steal the ticket before  you can claim it!"}
{"_id": "573595", "title": "", "text": "Manufacturer of Quartz Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php Shri Vinayak Industries is the foremost supplier, exporter and manufacturer of Quartz grit, Quartz Powder, Ramming Mass, Talc Powder, Feldspar, calcite, calcium carbonate and silica sand in India. We do provide authentic quality of Quartz Grit. We are proving ourselves very promising and dedicated supplier and manufactures of Quartz Grit from many years. Our industry is growing day by day nationally as well as globally."}
{"_id": "573600", "title": "", "text": "The first moment of trading usually occurs even later than that. It may take a few hours to balance the current buy/sell orders and open the stock. Watch CNBC when a hot IPO is about to open and you'll see the process in real time. If you miss it, look at a one day Yahoo chart to see when the open occurred."}
{"_id": "573612", "title": "", "text": "\"I reread your question. You are not asking about the validity of selling a particular stock after a bit of an increase but a group of stocks. We don't know how many.  This is the S&P for the past 12 months. Trading at 1025-1200 or so means that 80-100 points is an 8% move. I count 4 such moves during this time.  The philosophy of \"\"you can't go wrong taking a gain\"\" is tough for me to grasp as it offers no advice on when to get (back) in. Studies by firms such as Dalbar (you can google for some of their public material) show data that supports the fact that average investors lag the market by a huge amount. 20 years ending 12/31/08 the S&P returned 8.35%, investor equity returns showed 1.87%. I can only conclude that this is a result of buying high and selling low, not staying the course.  The data also leads me to believe the best advice one can give to people we meet in these circumstances is to invest in index funds, keeping your expenses low as you can. I've said this since read Jack Bogle decades ago, and this advice would have yielded about 8.25% over the 20 years, beating the average investor by far, by guaranteeing lagging the average by 10 basis points or so.  A summary of the more extensive report citing the numbers I referenced is available for down load - QAIB 2015 - Quantitative Analysis of Investor Behavior. It's quite an eye-opener and a worthy read. (The original report was dated 2009, but the link broke, so I've updated to the latest report, 2015)\""}
{"_id": "573615", "title": "", "text": "Can you tell I'm having fun with this question?  Here's another great list, from Finally Frugal, which includes the above items, but also these gems: Avoid idling. Now, this just annoys me. Walking past a line of idling cars at the transit center waiting for their human 'pickup', makes me crazy! It makes me want to knock on the window, shake my finger, and give 'em a piece of my mind. I don't do it, because I don't have a death wish. Turn the car off when you're not driving it. Combine trips. I used to be one of those people who would run to Target, go home, remember something I needed at the grocery store and go out for that, come home again, then run out to the library. All of these places are within a two mile radius of my house. Making lists before leaving the house has helped me to group my errands within one trip, meaning fewer back and forth trips. Slow down. Your parents were right. Slow is better. Not only is it safer to drive the speed limit, you'll be increasing your car's efficiency and reducing the amount of fuel your vehicle uses."}
{"_id": "573617", "title": "", "text": "\"The \"\"guaranteed minimum future value\"\" isn't really a guarantee so much as the amount they will charge you at the end of the agreement if you want to keep the car. In this sense it might better be considered a \"\"guaranteed maximum future cost\"\". If the car has fallen below that value at that point, then you can just hand back the car and you won't owe anything extra. If it turns out to be worth more, you end up in profit - though only if you either actually pay for the car, or if you roll over into a new PCP deal. So the finance company has an incentive to set it at a sensible value, otherwise they'll end up losing money. Most new cars lose a lot of value quickly initially, and then the rate of loss slows down. But given that it's lost \u00a314k in 2 years, it seems pretty likely it'll lose much more than another \u00a31k in the next 2 years. So it does sound like that in this case, they estimated the value badly at the start of the deal and will end up taking a loss on the deal when you hand it back at the end. It appears you also have the legal right to \"\"voluntary termination\"\" once you have paid off half the \"\"Total Amount Payable\"\". This should be documented in the PCP agreement and if you're half way into the deal then I'd expect you'll be about there. If that doesn't apply, you can try to negotiate to get out of the deal early anyway. If they look at it rationally, they should think about the value of your payments over the next two years minus the loss they will end up with at the end of those two years. But there's no guarantee they will. Disclaimer: Despite living in the UK, I hadn't heard of these contracts until I read this question, so my answer is based entirely on web searches and some inferences. The two most useful sources I found on the general subject were this one and this one.\""}
{"_id": "573631", "title": "", "text": "Millionaires?   No offense, but you're talking out of your ass.    My mother lives in a house that my parents bought in the 1980s.  She's definitely not a millionaire.  Nowhere close.  But she owns the house free &amp; clear and can afford the taxes.  I bought my house from a retired lady for about 5x what she paid for it in the sixties.  Maybe more.  I don't recall, but she was the original owner.  Definitely not a millionaire.  Just a retired widow.  Most of the folks who own these 1950s to 1980s tract homes in good areas are beneficiaries of good locations and lack of development.    The reason those homes are so valuable is because we're not building new housing in anything resembling the scale needed.  We need something like 40,000 new units built annually in Los Angeles and Orange counties to catch up to the population growth and lack of new construction happening now.  It ain't gonna happen, but that's what we need.    In 20 years, I'll benefit from Prop 13.  It flows.  And it benefits property owners.  It encourages property ownership.    If you wanted to argue that property taxes on commercial properties should be different from residential properties, I'd be up for the debate.  It's an interesting topic and I don't know the answer, but it would result in wholesale reduction in commercial property values in the state because of the reduced cash flow from higher taxes.  Huge dislocation and a massive transfer of wealth from commercial property owners to the taxpayers."}
{"_id": "573640", "title": "", "text": "As we all are aware with the importance of planting trees for human beings and their maintenance is important too, So protect your trees near by you with the quick facilities of Tree Service Pittsburgh and make your area stump free and green. http://www.extreemtree.com/"}
{"_id": "573647", "title": "", "text": "That's BS man. The retailer is supposed to be visually confirming signatures! That's their freaking job!  PIN numbers are LESS Secure because retailers do not provide a visually secure place to type them in. It is Waaaaaay too easy to watch someone typing their pin. Especially with the ceiling cameras that many stores place above every register.  Signatures are MORE secure because they are more difficult to forge. The only reason signatures might be inadequate is because retailers are failing to hold up their part of the equation. They don't want to do their jobs so we should change for them? Screw that.  The hypocrisy in this country I swear to god."}
{"_id": "573662", "title": "", "text": "From what I've seen, balance is great. 10 hour days usually unless things get crazy. But the salary potential seems great too. 100k with bonus as an analyst/associate for 10 hour days seems like a great gig. Plus, you're reporting to the CRO which gives great visibility"}
{"_id": "573666", "title": "", "text": "Vista Sand Although Vista Sand is well-known for its Texas Premium White\u2122, it is also a recognized because of its dedication to safety. Vista Sand's CEO understands the potential risks workers face, and he, along with the leadership board at Vista Sand, have implemented various training programs and risk management assessments to ensure workers are safe."}
{"_id": "573677", "title": "", "text": "Quite often the local university has decent gym facilities with super-competitive rates, even if you are not a student there, and you can usually join for a single term and pay by cash. They lack some of the fancier things and might be not as shiny, but I want my membership fees to pay for equipment, not interior design."}
{"_id": "573708", "title": "", "text": "\"A couple options that I know of: Interactive Brokers offers a \"\"paper trading\"\" mode to its account holders that allows you to start with a pretend stack of money and place simulated trades to test trading ideas. They also provide an API that allows you to interface with their platform programmatically for retrieving quotes, placing orders, and the such. As you noted, however, it's not free; you must hold a funded brokerage account in order to qualify for access to their platform. In order to maintain an account, there are minimums for required equity and monthly activity (measured in dollars that you spend on commissions), so you won't get access to their platform without having a decent amount of skin in the game. IB's native API is Java-based; IbPy is an unofficial wrapper that makes the interface available in Python. I've not used IB at all myself, but I've heard good things about their API and its accessibility via IbPy. Edit: IB now supports Python natively via their published API, so using IbPy is no longer needed, unless you wish to use Python 2.x. The officially supported API is based on Python 3. TD Ameritrade also offers an API that is usable by its brokerage clients. They do not offer any such \"\"paper trading\"\" mode, so you would need to \"\"execute\"\" transactions based on quotes at the corresponding trade times and then keep track of your simulated account history yourself. The API supports quote retrieval, price history, and trade execution, among other functions. TDA might be more attractive than IB if you're looking for a low-cost link into market data, as I believe their minimum-equity levels are lower. To get access, you'll need to sign up for an API developer account, which I believe requires an NDA. I don't believe there is an official Python implementation of the API, but if you're a capable Python writer, you shouldn't have trouble hooking up to the published interfaces. Some caveats: as when doing any strategy backtesting, you'll want to be sure to be pessimistic when doing so, so your optimism doesn't make your trades look more successful than they would be in the real world. At a minimum, you'll want to ensure that your simulations transact at the posted bid/ask prices, not necessarily the last trade's price, as well as any commissions and fees associated with the trade. A more robust scheme would also take into account the depth of the order book (also known as level 2 quotes), which can cause additional slippage in the prices at which you buy/sell your security. An even more robust scheme would take into account the potential latency of trade execution, looking at all prices over some time period that covers the maximum expected latency and simulating the trade at the worst-possible price.\""}
{"_id": "573710", "title": "", "text": "I wonder why they continue to allow sponsored links from fiverr, then (they sell upvotes).  I have reported them before, and was told by hueypriest that they would suspend the ads pending investigation, but then they returned and I got no response to my second inquiry."}
{"_id": "573713", "title": "", "text": "If you ever need the money in three years, imagine that today is 2006 and you need the money in 2009.  Keep it in savings accounts, money-markets, or CDs maturing at the right time."}
{"_id": "573725", "title": "", "text": "\"I would highly recommend the Dave Ramsey book \"\"The Total Money Makeover\"\".  I read it about 5 years ago and my financial situation has slowly but steadily been improving ever since.\""}
{"_id": "573754", "title": "", "text": "\"As a former consumer credit counselor, who worked with struggling homeowners and first time homebuyers I would argue that it is a mistake for lenders to rely on gross income and assumptions on what an applicant spends their income on. I think lenders do this because they believe it is efficient and may not understand the long term ramifications for the stakeholders, e.g. the borrower, the lender, the servicer, the investor, the broker, the taxpayer, the marshall, the foreclosure lawyers etc. Or lenders do know the impact of a superficial mortgage screening, and intentionally want to enrich themselves in the short term while harming other stakeholders in the long term. Developing a budget that reflects what a person can realistically spend on their mortgage takes much longer than signing up for a Rocket mortgage. I would say an hour minimum for the first appointment to get a baseline, and at least two follow up appointments to make adustments soon after or whenever a borrower's financial situation changes dramatically. Credit counselors factor in all of the factors mentioned above, i.e. take home pay, future pay vs current pay, the ability to adjust deductions, seasonal expenses, multiple sources of income and their frequency, debt load etc. Budgets are always fluctuating, but when it is done right by a qualified professional the result is a much more accurate financial picture.  The consequences for not doing this type of old-school due diligence, or for willfully choosing to skip it, are varied. First off, mortgages will be given to homeowners who should never have qualified in the first place, and likewise denied to homeowners who should qualify. This will result in market distortion and this distortion was a primary contributor to the 2008 subprime mortgage crisis and the wave of foreclosures that came with it. Another consequence is the stripping of wealth from minority communities since they are often targeted by the most unscrupulous of lenders. Additionally, the securitization of mortgages based on poor diligence at the loan officer level means loan portfolio ratings are questionable, investors will lose money, and small banks who are heavily invested will fail as they did in the past. Depending on the federal enforcement of Dodd Frank Act, the taxpayers may or may not have to pick up the bill from a bailout of a big mortgage bank that was \"\"too big to fail,\"\" via higher taxes, lost jobs, lost homes, and other negative externalities that were not accounted for by the loan officer, or willfully ignored.  Lastly, borrowers also have a responsibility to provide accurate financial information, which they don't always do. Unfortunately, in a capitalistic society where property is commoditized instead of communal, there is always mistrust, competition, the fear that you will be left behind, or the desire to get ahead. This could incentivize cheating by either the, borrower, the broker/lender, or both in this example e.g. no-doc negative amatorizing loans. This is just one of many other negative externalities. So the only true fix would be a switch to communal land ownership. In the interim, I would push for universal borrower access to low cost consumer credit counselors and a change in loan officer training and incentive structure.\""}
{"_id": "573760", "title": "", "text": "The free Yale Course taught by Bob Shiller called Financial Markets is really good. Find it on youtube, iTunes U, academic earth, or yale's site."}
{"_id": "573767", "title": "", "text": "Keep in mind, that bargain hunting will fail you from time to time.  I know a lot of guys who bought Nortel at $10, planning to hold it until the inevitable recovery."}
{"_id": "573789", "title": "", "text": "Just because you think it is healthy to get away from the computer and physically go to a bookstore does not make it good business. By that rationale, you should be paying all of your bills at the post office with a stamp."}
{"_id": "573814", "title": "", "text": "\"Price is current price per share, but you can buy fractional shares. Minimal investment is how later the first purchase of shares must be to make it worth their efforts to set up the account for you. How you manage it is up to you. You can buy or sell shares at any time, pretty much, though it may take a few days for the transaction to \"\"settle\"\" and take effect. You can do this via checks, or you can give the broker (or the investment house, if you are dealing directly with them as I do) permission to take money from or put money to your bank account when you tell them you want to buy or sell shares. You may be able to set up direct deposit; talk to your employer about that. Or you may be able to have your bank make a periodic transfer/purchase for you.\""}
{"_id": "573819", "title": "", "text": "\"isn't there at least one rung below BB?  What does it mean to remove them while \"\"threatening\"\" to downgrade them in future?  Seems more severe than immediate downgrade.  Does removal imply perhaps that they have no idea what a fair rating should be?\""}
{"_id": "573821", "title": "", "text": "Being a CTO is different than freelancing, obviously.  You have to ask yourself what you would more prefer to do! My initial recommendation would be to receive your normal freelance compensation for the freelance work you do AND separately deal with the issue of being a CTO.  At some point you will cease to be this project's freelancer should you become its CTO. Then again, by becoming the CTO immediately you should be able to negotiate a larger share of the company. Granted, my opinions should not be considered legal or financial advice and you should consult a professional before making any decisions.  Ja ja ja  ;)"}
{"_id": "573828", "title": "", "text": "You dropped the rest of this  &gt; People very successfully navigate their own internal altruism and greed because they are allowed by society to make the calculation for how much they can give on their own. Once you start mandating altruism, all bets are off.  &gt; You mean they aren't paid to build monuments or do science? You mean scientists don't earn patents for their work? You mean science in general has no selfish commercial motive?  &gt; What a load of crap, dude. There are plenty of self motivated individualistic rationalizations for someone to work in cooperation with others. Namely, pay."}
{"_id": "573846", "title": "", "text": "In addition to the GE move, Buffett's firm also added a large share of Synchrony, equalling about $520.7 in value, and a $418.1 million stake in Store Capital.   So, they bought one regular sized share? This is Why BI-journalists doesnt work in IB..."}
{"_id": "573847", "title": "", "text": "Young vs old doesn't really make a difference.  What's in play in the Roth/After Tax vs Traditional/Pretax decision is your current marginal tax bracket versus your probable taxation in retirement.   Since your company matches something on the pretax account it makes sense to max out the pretax contribution match amount before considering roth contributions.  If the match is something like 50% of your contribution up to 3% of your salary, that's an instant 50% return on your contribution and you can't really beat that."}
{"_id": "573851", "title": "", "text": "\"The formulae #issued shares = #outstanding shares + #treasury shares looks right. However it looks like the Treasury Shares are treated as -ve in accounting books and thus the outstanding shares are more than issued shares to the extent of Treasury shares. Further info at \"\"Accounting for treasury stock\"\" on wiki\""}
{"_id": "573863", "title": "", "text": "So it voids what you claim. And hardly anyone renounces their citizenship. Something tells me the government won't allow apple to pack up and move to Europe seeing as large companies have to get permission to buy or merge with other companies. And I don't think the executives would enjoy flying to Europe."}
{"_id": "573869", "title": "", "text": "&gt; They will turn to commodities and energy the only things in the past decade besides entrepreneurial investments which have increased in value to society.  There's a strong argument to be made that entrepreneurial investments are the only ones that *should* increase in value.  Tulip mania of any sort doesn't add value.  All other sources of returns - holding risk constant - are constantly trying to get cheaper financing, through financial engineering or a greater supply of capital due to the magic of compound interest.  That's why you can get a mortgage at 6% instead of 16% like in the old days."}
{"_id": "573874", "title": "", "text": "\"Probably a bad assumption, but I'm assuming your in the United States. Keep in mind, that the check number is printed in 2 places on the front of each check. First, in the upper right corner, and also along the bottom edge on of the check. Since the check number is scanned by the bank from the bottom edge of the check, covering or otherwise modifying the check number on the upper left corner will have no effect on the check number that is recorded when the check is processed. And, you can't modify or cover the numbers or place any marks in the area of the numbers along the bottom of the check as this will likely interfere with processing of checks. So, modifying the check numbers will not work. Your choices are basically to:   The check numbers are not used in any way in clearing the check, the numbers are only for your convenience, so processing checks with duplicate numbers won't matter.  The check numbers are recorded when processed at your bank so they can be shown on your printed and online statements. The only time the check number might be important is if you had to \"\"stop payment\"\" on a particular check, or otherwise inquire about a particular check. But this should not really be an issue because by the time you have used up the first batch of checks, and start using the checks with duplicate numbers, the first use of the early duplicate numbered checks will be sufficiently long ago that there should not be any chance of processing checks with duplicate numbers at the same time. You didn't mention how many checks you have with duplicate numbers, or how frequently you actually write checks so that may play a part in your decision. In my case, 100 checks will last me literally years, so it wouldn't be a problem for me.\""}
{"_id": "573881", "title": "", "text": "\"&gt;  Just as long as we don't have to revert back to the original old skool social media of email.  Hey man that's the wrong approach, you don't know what you're missing out on. E-Mail needs a modernization but it remains one of the greatest tools of the modern era.  People have been talking about an \"\"E-mail 2.0\"\" for some time. It's coming.\""}
{"_id": "573882", "title": "", "text": "Sick stuff! When I was there I went with a tour group as a school trip. Forgot what the name was. But wondering if you knew someone called fazy. He was our main guide. The tuk tuk drivers were also really friendly. It's really fun to be in one too. All the memories."}
{"_id": "573894", "title": "", "text": "When it comes to work efficiency of any employee, office chairs do make a difference as a person needs to put in substantial working hours by sitting on them. More the comfortable, an office chair is, more relaxed the person sitting on it, will feel."}
{"_id": "573898", "title": "", "text": "\"I'm still very new to the world of finance. I'm learning about all of the derivatives and how money is made off of them, but it's crazy to me that everyone involved neglected the risk aspect of this. In hindsight, it's so easy to explain what was happening. I guess when everyone is making money hand over fist, it's easy to look the other way. Even the federal gov't played a tremendous role in the crash. Looking at that FRED graph is probably the easiest way to explain the ramifications of the crash.   I'm reading [All the Devils Are Here](https://www.amazon.com/All-Devils-Are-Here-Financial/dp/159184438X) right now that was recommended to me by my GF's father. It gives context to the crash in a digestible way, but isn't too dumbed down. I highly recommend it.  The man played for the USA on the \"\"Miracle\"\" team and then went on to become a successful bonds trader. I've learned more from my conversations with him than I think I'll ever learn in school. Dude is brilliant and can go for hours on anything finance related.\""}
{"_id": "573899", "title": "", "text": "The formula you're looking for is  Thus, from 3% p.a. you get ca. 0.247% per month. However, as you see 0.25% is a good approximation (generally, small rates give good approximation)."}
{"_id": "573925", "title": "", "text": "\"Haha, right. Maybe the \"\"who can think of the biggest number\"\" game?  I think the 125bln is just the tip of it. They have a lot of frightening liabilities on their balance sheet like their real estate market.  I wonder where the Spanish bond yields will go now.\""}
{"_id": "573928", "title": "", "text": "( t2 / t1 ) - 1 Where t2 is the value today, t1 is the value 12 months ago.  Be sure to include dividend payments, if there were any, to t2.  That will give you total return over 12 months."}
{"_id": "573935", "title": "", "text": "There is nothing wrong with self directed IRA's the problem is that most of the assets they specialize in are better done in other ways. Real estate is already extremely tax advantaged in the US. Buying inside a Traditional IRA would turn longterm capital gains (currently 15%) into ordinary income taxed at your tax rate when you withdraw this may be a plus or minus, but it is more likely than not that your ordinary income tax rate is higher. You also can't do the live in each house for 2 years before selling plan to eliminate capital gains taxes (250k individual 500k married couple). The final problem is that you are going to have problems getting a mortgage (it won't be a conforming loan) and will likely have to pay cash for any real estate purchased inside your IRA. Foreign real estate is similar to above except you have additional tax complexities. The key to the ownership in a business is that there are limits on who can control the business (you and maybe your family can't control the business). If you are experienced doing angel investing this might be a viable option (assuming you have a really big IRA you want to gamble with). If you want to speculate on precious metals you will probably be better offer using ETF's in a more traditional brokerage account (lower transactions costs more liquidity)."}
{"_id": "573950", "title": "", "text": "Travelguysonline has searched millions of routes on hundreds of airlines to find you the domestic and international cheapest flight tickets with a click of a button. We provide best Cheap Flight Offers for our registered user when booked your ticket anywhere and anytime. When you find your cheap flights ticket on our website and click to select, we link you directly to the airline. No hidden charges, no added fees."}
{"_id": "573955", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://notesonliberty.com/2017/07/06/minimum-wages-where-to-look-for-evidence-a-reply/) reduced by 75%. (I'm a bot) ***** &gt; To put you in context, he was blogging about one of the criticisms made of the Seattle minimum wage study produced by researchers at the University of Washington, namely that the sample was limited to &amp;quot;Small&amp;quot; employers.  &gt; This criticism, Nicolas argues, is irrelevant since the researchers were looking for those who were likely to be the most heavily affected by the minimum wage increase since it will be among the least efficient firms that the effects will be heavily concentrated.  &gt; If I am a small employer and the minimum wage is increased 15%, why would I fire one of my two employees to adjust? If that was my reaction to the minimum wage, I would sacrifice 33% of my output for a 15% increase in wages which compose the majority but not the totality of my costs.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6m3vnw/common_libertarian_mistakes_about_the_minimum_wage/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~162579 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **firm**^#1 **wage**^#2 **minimum**^#3 **research**^#4 **Costs**^#5\""}
{"_id": "573958", "title": "", "text": "MKC is non-voting stock, MKC/V is voting stock. Ofter times you'll see two or more stock symbols for a company.  These usually reflect different classes of stocks.  For example, voting vs. non-voting (as in this case) or preferred vs non-preferred stock."}
{"_id": "573965", "title": "", "text": "Well, my point was that this shift will pool money from research and graduate programs as well.  Undergrads pull in a decent amount of money for schools, some of that money goes to research.  Further, more technological inovation (like medical research) needs academic facilities to be conducted."}
{"_id": "573974", "title": "", "text": "The proper answer is that you run the numbers and see whether what you'll save in interest exceeds the closing costs by enough to be interesting.  Most lenders these days have calculations that can help with this on their websites and/or would be glad to help if asked. Rule of thumb: if you can reduce interest rate by 1% or more it's worth investing."}
{"_id": "573975", "title": "", "text": "There was an app that used to do this and it stopped for some reason. I loved it, if you are looking for something you could quickly text a few stores and see who gets back to you with what you need. Probably a gateway to ordering more delivery from storefrontS"}
{"_id": "574007", "title": "", "text": "You are mistaken about a Roth IRA. You can take out your contributions at any time with no penalty as long as you don't touch the gains. Also, if the money has been in for 5 years you can withdraw for a first time home purchase. Your concerns about locking up the money are troublesome. You need discipline to save for retirement. That is a known massive expense you will have and it takes a LONG time of saving up to prepare. Be sure to account for the taxes you may owe on the winnings before you start spending the money. Before you sink the money into a down payment on a house, make sure you have several (preferrably) six months of living expenses in savings. If you don't have investment experience, steer away from individual stocks. Invest in index funds with low expense ratios and don't actively trade."}
{"_id": "574011", "title": "", "text": "\"Negative Yields on Bonds is opposite of Getting profit on your investment. This is some kind of new practice from world wide financial institute.  the interest rate is -0.05% for ten years. So a $100,000 bond under   those terms would be \"\"discounted\"\" to $100,501, give or take. No, actually what you are going to get out from this investment is after 10 years when this investment is mature for liquidation, you will get return not even your principle $100,000 , but ( (Principle $100,000) minus (Negative Yields @ -0.05) Times ( 10 Years ) ) assume the rates are on simple annual rate.  Now anyone may wander why should someone going to buy this kind of investment where I am actually giving away not only possible profit also losing some of principle amount!  This might looks real odd, but there is other valid reason for issuing / investing on such kind of bond.  From investor prospective: Every asset has its own 'expense' for keeping ownership of it. This is also true for money/currency depending on its size. And other investment possibility and risk factor. The same way people maintain checking account with virtually no visible income vs. Savings account where bank issue some positive rate of interest with various time factor like annually/half-yearly/monthly. People with lower level of income but steady on flow choose savings where business personals go for checking one. Think of Millions of Ideal money with no secure investment opportunity have to option in real. Option one to keeping this large amount of money in hand, arranging all kind of security which involve extra expense, risk and headache where Option two is invest on bond issued by Government of country. Owner of that amount will go for second one even with negative yields on bonds where he is paying in return of security and risk free grantee of getting it back on time.  On Issuing Government prospective: Here government actually want people not to keep money idle investing bonds, but find any possible sector to invest which might profitable for both Investor + Grater Community ultimately country.  This is a basic understanding on issue/buy/selling of Negative interest bearing bond on market.   Hope I could explain it here. Not to mention, English is not my 1st language at all. So ignore my typo, grammatical error and welcome to fix it.  Cheers!\""}
{"_id": "574015", "title": "", "text": "\"&gt; What am I missing?  I said they \"\"were\"\" in favor of it.  They are no longer in favor of it because they losses are being used as an excuse to kill the post office.  I can't find a link right now, but the whole assertion that the GOP did this is false.  The bill had ~100 democratic co-sponsors (which should be an indication that the letter carriers were in favor of this) and ~50 GOP co-sponsors.  This was a widely supported bill.  Who wouldn't want their pensions fully funded?  They just didn't anticipate that the GOP/Chamber of Commerce types would use the losses as an excuse to try to privatize the post office.\""}
{"_id": "574025", "title": "", "text": "Typical republican tactics.  Let's not focus on the issues and how you're going to fix them, let's just scare people into voting for us.   The closer we get to November, the more positive I am Romney's going to lose, and lose badly.  And people like this are a prime reason way.  Most people aren't nearly as stupid as you think they are."}
{"_id": "574037", "title": "", "text": "\"(Insert usual disclaimer that I'm just a random guy on the Internet, not any kind of certified tax professional.) But once I withdraw the money, how is that money taxable? If I'm understanding your situation correctly, you want to look at the instructions for form 8889, under Excess Employer Contributions. It simply says, \"\"If the excess was not included in income on Form W-2, you must report it as 'Other income' on your tax return.\"\" There doesn't look to be any particular wording beyond that, so I'd just put it on Form 1040 Line 21 Other Income, and label the line really specifically like \"\"Excess Employer Contributions distributed from HSA\"\". Also there is no mention of whether any FICA taxes (social security and Medicare) apply to these amounts. You say that this was entirely contributed by the employer. But even for cases where one contributes directly through payroll with an optional pre-tax deduction, this is usually implemented as a \"\"salary reduction agreement\"\" where the company is actually paying less money in salary (and thus less showing up on the W-2) and just contributing to the HSA account instead. It's listed on the 8889 as an \"\"Employer Contribution\"\", even if in fact one sees it as a deduction on one's pay stub. In either case, since the company didn't pay you the money as salary (and merely contributed to the HSA instead), I wouldn't expect any FICA taxes to be owed on it. The fact that the IRS wants it listed under \"\"Other income\"\" instead of \"\"Wages\"\" also implies to me that it doesn't count as salary that needs FICA taxes. Presumably, if people abused this in some way (like getting their employer to deliberately over-contribute each year and getting a refund in some sort of crazy scheme to try to reduce their SS taxes) the government would get rather upset and probably call it some sort of tax evasion. But for the amounts involved here, particularly as you're following the instructions listed, I just wouldn't worry about it. Assuming that I withdraw excess contribution and report everything on Form 8889 and Form 1040, is there any further action required from my previous employer? It's your HSA, so I wouldn't think so. Since the eligibility for HSAs is based on what you do, and not what they do (you could, for instance, get covered by a different HDHP and they wouldn't be notified nor really care), I don't think they have anything more to do with it. Also I am not sure how to calculate amount of interest attributable to excess contribution. I have only around $0.20 of total interest this year. The bank holding the HSA could probably help with that, as I'd expect it to be a normal part of the excess contribution withdrawal process. If not, I'd just make a reasonable effort based on the interest rate, amount involved, and number of days that the excess was in the account. Also keep in mind that in general when filing taxes, anything under $0.49 can round to $0. At some point, one can only be \"\"as honest as the law allows\"\".\""}
{"_id": "574055", "title": "", "text": "New Zeeland is quite prone to earthquakes, that is why low buildings are popular.  Also, it is the foreigners that are the problem. They do drive the price up. Especially some 'lucky' house numbers are really wanted by Chinese immigrants.  But there's nothing you can do about it. Instead of foreigners buying houses, it will be companies registered in New Zealand that will buy them. Those measures will only hit middle class immigrants, not richer people who are driving prices up."}
{"_id": "574060", "title": "", "text": "\"Context: My parents overseas (Japan) sent me a little over $100,000 to   cover an expensive tuition payment and moderate living expenses in   2014. They are not US residents, Green card holders or citizens. They did not remit the tuition payment directly to the school. I am a   resident (for tax). This is enough to answer yes. That's basically the set of requirements for filing: you received >$100K from a non-US person and you yourself are a US person. You have to report it, and unless it is taxable income - it is a gift. Taxable income is reported on the form 1040, gifts are reported on the form 3520. The fact that in Japan it is not considered a gift is irrelevant. Gift tax laws vary between countries, some (many) don't have gift taxes at all. But the reporting requirement is based on the US law and the US definition of \"\"gift\"\". As I said above, if it is not a gift per the US law, then it is taxable income (and then you report all of it regardless of the amount and pay taxes). Had they paid directly to the institution, you wouldn't need to count it as income/gift to you because you didn't actually receive the money (so no income) and it went directly to cover your qualified education expenses (so no gift), but this is not the case in your situation. Whether or not this will be reported by the IRS back to Japan - I don't know, but it was probably already reported to the authorities in Japan by the banks through which the transfers went through. As to whether it will trigger an audit - doesn't really matter. It was, most likely, reported to the IRS already by the receiving banks in the US, so not reporting it on your tax return (either as income or on form 3520) may indeed raise some flags.\""}
{"_id": "574065", "title": "", "text": "\"The fact that you pay the bill reliably is going to count more for your credit rating than anything else, even if you are paying it off in full every month. Lenders seem to like to see at least one instance where you charged a large balance, held it a couple months, then paid it off in full... but I wouldn't go out of my way to do that. Remember that the credit card company is making money on transaction fees as well as interest. If you're pushing money through their system, they're happy. They'd be happier if you were paying them interest too -- reportedly, they actually refer to those of us who pay in full every month as \"\"deadbeats\"\" -- but they aren't going to kick you out or ding your credit rating for it. The quote you give says that a small balance \"\"may be slightly better\"\". I submit that \"\"may be slightly\"\" is too small a difference to be worth worrying about, unless you have reason to believe that your credit rating actively needs to be repaired. (And as noted in the comments, it's actually stated even less strongly than that!) Personal recommendation: You can get a free credit report each year from each of the \"\"big three\"\" credit rating agencies. Those reports usually include a brief explanation of what they think the most negative item on your record is. The phrasing of those explanations is often somewhat misleading, but I'd still suggest that you get these reports and see what they think would improve your rating. I'm willing to bet it won't be \"\"doesn't carry a high enough debt balance.\"\"\""}
{"_id": "574066", "title": "", "text": "My experience has been that it is hard to be in recovery and be in school at the same time. Separating yourself just won't work. Try and go to a target school, a school with a well known business program.   But above all, keep the faith. Been sober for 2 years, if I can do it you can do it. Don't forget why you are, to TG, CH, and HO."}
{"_id": "574073", "title": "", "text": "This is complicated but I think I know what you mean. I guess it would depend on how the UK would be broken down into states. I mean we have states the vary in population from Wyoming to California. But the article the OP is referring to was written in response to income inequality in the UK. So I guess the fact that depending on how we break the UK down it could rank high or low makes the authors point, there is also a lot of income inequality in the UK."}
{"_id": "574088", "title": "", "text": "The car tracking technology allows you to monitor and know where the vehicle is, and where it's going. It helps you to find your car in the easiest way with this device. Many of its types are available in market make a choice which suits with your needs."}
{"_id": "574121", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.boeckler.de/pdf/p_imk_wp_178_2017.pdf) reduced by 100%. (I'm a bot) ***** &gt; Economic activity may affect the development of credit through credit demand and credit supply channels.  &gt; 3.1 Credit expansion and financial crises The empirical literature on the determinants of excessive credit expansion and financial instability has mostly analyzed the large build-ups of bank credit to the private non-financial sector since these data are available over a long time period.  &gt; The positive correlation between economic activity and credit may result from the effect of economic activity on credit demand and credit supply but also from the effect of credit availability on economic activity.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kt8rs/imk_macroeconomic_factors_behind_financial/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157450 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **credit**^#1 **income**^#2 **financial**^#3 **test**^#4 **household**^#5\""}
{"_id": "574122", "title": "", "text": "Yes you can do this yourself.  I cannot speak for all the credit repair companies, but generally they are not reputable.  Even if they are trustworthy, they cannot do anything you cannot do yourself. Freeze your credit.  Lock it down and prevent any new activity.  This is for safety and I want you to do it so you know where you stand. Get a copy of your free copies of the three credit reports from https://www.annualcreditreport.com/ (this is the only free, official place to get your reports) Sign up for a free credit score estimation site like http://www.CreditKarma.com or http://www.CreditSesame.com  (These sites make money by selling affiliate offers, but you can easily ignore them)  You can't get your exact FICO score, but they letter grades they provide help you understand where you stand. Dispute anything that is not accurate.  Get wrong items corrected with the credit agency. Ignore collectors who are not showing up on your report.  If they aren't reporting you, so what?  Let your own moral compass be your guide if you pay those debts or not. Negotiate a payment amount with the debtors you owe.  If you are dealing with a debt collector, there isn't any point in paying the full amount.  You owed the money to somebody else, and they sold it to the debt collector, therefore in my mind they are as whole as they feel like being.  It is up to you how much you pay, but you are already going to suffer  (and have suffered) the credit ramifications.  No sense in wasting money when they will very likely settle for dimes on the dollar.  Don't let them bully you around.  I suggest understand your rights and protections as offered by the Fair Debt Collection Practices Act Before you pay anybody anything, get it IN WRITING Wait and follow up.  Make sure they report it correctly. I would probably tackle them in order of age, newest first.   Don't bother with debts that are more than, or nearly seven years old.  Anything that old is or will fall off of the credit report soon, and your score will start to rise.  Paying on those debts will refresh them and they will harm you longer.  We can debate the ethics of that advice in the comments, but if you want your score to raise, I suggest just waiting about anything over six years old while you tackle the newer ones. This is a SLOW process.  Your credit score will still take a couple years to heal once you fix your report.  But that is the point of the score after all.  It is a history of how you handle money and debt."}
{"_id": "574137", "title": "", "text": "Finance at the PhD level requires a pretty complete understanding of linear algebra, multivariate calc (cIII), vector calc, stochastic calc, diff eq, and numerical analysis.  As someone who had math for one of his majors for undergrad, it's not about the intuitive understanding but the abstract as well.  Most of the finance professors that I had and researched under were originally undergrad for math.  Very few of them actually started out in business roles/degrees...."}
{"_id": "574142", "title": "", "text": "They picked him up at his home. They went out of their way to victimize him. In order to say exactly how it was done you need to investigate the business, do interviews and review records. Destroying evidence and giving false statements to the police are serious crimes. Are the employees going to want to risk jail and criminal records to protect this business?"}
{"_id": "574158", "title": "", "text": "Clarify the facts in a legal fashion! Ask for surveillance through private investigator to know exactly what is happening instead of remaining in doubt.As a professional private investigator performing surveillance, we use the most advanced and sophisticated equipment to provide uninterrupted services whatever be the location or situation."}
{"_id": "574184", "title": "", "text": "Im with you there, and it's not 50% of the population, not sure what magic number factory Zuckerboy pulled that statistic from. Support of Trump is intolerable as an American at this point. He is demonstrably not qualified or capable of doing the job of President in any capacity whatsoever. Most of us recognized that before he was elected. At this point, if you still support Trump, you have failed yourself and society around you and need to take responsibility for your foolish life choices. America has been diminished by the actions of Trump and his supporters. Im of the mind that no more ground must be given to these fools, fight their rhetoric however we must. Cheers."}
{"_id": "574187", "title": "", "text": "Backstory (since I've never submitted a link before and don't know how to write a paragraph up there):  I work as an analyst intern at a small RIA and this paper has been mentioned a few times. What do you guys think? What are the managers that actually CAN outperform benchmarks doing that most (~2/3) can't?"}
{"_id": "574198", "title": "", "text": "&gt; A $15/hr minimum wage would ruin our economy and cause a lot more suffering and homelessness.  I think reasonable people can disagree but I think you're being a little melodramatic.  It could in theory hurt our economy and even the workers it's trying to help but I think it's a stretch to make it sound like our economy would collapse due to a $15 minimum wage."}
{"_id": "574202", "title": "", "text": "Clutch Bags provide the top quality bags online in the world. There are many different types and designs of clutch bags and Laura Dotolo available. We are the best manufacturer of compliment all types of bags. Show off your style with luxury leather handbags and purses? They\u2019re stylish, loud, stunning and not for the faint-hearted! Whilst some people may feel that they can\u2019t pull off an animal print bag, we beg to differ."}
{"_id": "574206", "title": "", "text": "Agreed. In his current situation, I'd expect OP would find the most personally fulfilling use of his freedom to be spending his time (and not his money) helping people that he is able to help.  He mentioned he was a cop.  Maybe he'd have the insight needed to help get kids out of gangs.  Or, help improve relationships between cops and rough neighborhoods. Doesn't have to be a cop thing. That's just all I've got to work with."}
{"_id": "574220", "title": "", "text": "No, it's always accelerating. Each cycle of technological revolution occurs faster than the last. The internet revolution was the fastest yet, it happened in just a few years, *and things are way better*.   The time when the revolutions happen so fast that people can't keep up is called the Singularity, but I still don't think it'll be a problem."}
{"_id": "574235", "title": "", "text": "I guess that is one example out of hundreds.  It does not exemplify the tribes here with huge casinos, hotels and shopping malls.  Maybe those tribes do not want to grow.  I am sick to death of growth.  It serves the few at the expense of the many.  Human sprawling is killing the region where I live in every way, and has killed many before.  If UBI money is helping the surrounding states, it works.  If the Native Americans don't grow their economy, that is their choice.  If they don't want to integrate in whities back stabbing dog eat dog economy.  I empathize fully.  Edit:\u00a0 And the Navajo people's needs were met.  What is utterly ridiculous is that everyone in this country is given money from someone.\u00a0 Some just get more than others.  Someone tell me why I am less deserving."}
{"_id": "574258", "title": "", "text": "And the vast majority of that, over 80%, is concentrated in just a small fraction of neighborhoods. Part of Baltimore's problem is precisely because it's so economically segregated, which is unfortunate. I lived in the Mount Vernon neighborhood for years, and I never once felt unsafe.  People need to grow a spine."}
{"_id": "574260", "title": "", "text": "Have you considered getting a bike? you would be able to ride it in Europe the same as over here because of no left right bias, also cost wise they are much much cheaper to run."}
{"_id": "574263", "title": "", "text": "I'm not going to address everything here, we are politically too far apart for much meaningful dialogue.   But I only made the claim workers should be paid a living wage. Not give her more because she has kids. I have no clue how that wasn't clear. Social safety nets can provide for large families, I obviously don't think anyone's wage should be based on being a teenager living at home etc.   Notice how you defined value, it is a very subjective opinion. I think human lives have value beyond measure. This is certainly not the case in reality. And thus a mother can work 80 hour weeks yet be homeless. That is ok with you? I understand pragmatism, but I believe we can do better.   You can worship the market or invisible hand. That's fine. I personally find my values and ethics outweigh any allegiance  to any given system.  I, on the other hand, find our current corporate oligarchy ridiculous. This isn't capitalism. This is not a free market. Not even close."}
{"_id": "574319", "title": "", "text": "My answer is not specific, or even maybe applicable, to Microsoft. Companies don't want to cut dividends. So they have a fixed expense, but the cashflow that funds it might be quite lumpy, or cyclical, depending on the industry. Another, more general, issue is that taking on debt to retire shares is a capital allocation decision. A company needs capital to operate. This is why they went public in the first place, to raise capital. Debt is a cheaper form of capital than equity. Equity holders are last in line in a bankruptcy. Bondholders are at the front of the line. To compensate for this, equity holders require a larger return -- often called a hurdle rate. So why doesn't a company just use cheaper equity, and no debt? Some do. But consider that equity holders participate in the earnings, where bondholders just get the interest, nothing more. And because lenders don't participate in the potential upside, they introduce conditions (debt covenants) to help control their downside exposure. For a company, it's a balance, very much the same as personal finances. A reasonable amount of debt provides low-cost capital, which can be used to produce greater returns. But too much debt, and the covenants are breached, the debt is called due immediately, there's no cash to cover, and wham! bankruptcy. A useful measure, if a bit difficult to calculate, is a company's cost of capital, and the return on that capital. Cost of capital is a blended number taking both equity and debt into account. Good companies earn a return that is greater than their cost of capital. Seems obvious, but many companies don't succeed at this. In cases where this is persistent, the best move for shareholders would be for the company to dissolve and return all the capital. Unfortunately, as in the Railroad Tycoon example above, managers' incentives aren't always well aligned with shareholders, and they allocate capital in ways advantageous to themselves, and not the company."}
{"_id": "574327", "title": "", "text": "\"First, what structure does your index fund have?  If it is an open-end mutual fund, there are no bid/ask spread as the structure of this security is that it is priced once a day and transactions are done with that price.  If it is an exchange-traded fund, then the question becomes how well are authorized participants taking advantage of the spread to make the fund track the index well?  This is where you have to get into the Creation and Redemption unit construct of the exchange-traded fund where there are \"\"in-kind\"\" transactions done to either create new shares of the fund or redeem out shares of the fund.  In either case, you are making some serious assumptions about the structure of the fund that don't make sense given how these are built. Index funds have lower expense ratios and are thus cheaper than other mutual funds that may take on more costs.  If you want suggested reading on this, look at the investing books of John C. Bogle who studied some of this rather extensively, in addition to being one of the first to create an index fund that became known as \"\"Bogle's Folly,\"\" where a couple of key ones would be \"\"Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor\"\" and \"\"Bogle on Mutual Funds: New Perspectives for the Intelligent Investor.\"\" In the case of an open-end fund, there has to be a portion of the fund in cash to handle transaction costs of running the fund as there are management fees to come from running the fund in addition to dividends from the stocks that have to be carefully re-invested and other matters that make this quite easy to note.  Vanguard 500 Index Investor portfolio(VFINX) has .38% in cash as an example here where you could look at any open-end mutual fund's portfolio and notice that there may well be some in cash as part of how the fund is managed.  It\u2019s the Execution, Stupid would be one of a few articles that looks at the idea of \"\"tracking error\"\" or how well does an index fund actually track the index where it can be noted that in some cases, there can be a little bit of active management in the fund. Just as a minor side note, when I lived in the US I did invest in index funds and found them to be a good investment.  I'd still recommend them though I'd argue that while some want to see these as really simple investments, there can be details that make them quite interesting to my mind. How is its price set then? The price is computed by taking the sum value of all the assets of the fund minus the liabilities and divided by the number of outstanding shares.  The price of the assets would include the closing price on the stock rather than a bid or ask, similar pricing for bonds held by the fund, derivatives and cash equivalents.  Similarly, the liabilities would be costs a fund has to pay that may not have been paid yet such as management fees, brokerage costs, etc. Is it a weighted average of all the underlying stock spreads, or does   it stand on its own and stems from the usual supply & demand laws ? There isn't any spread used in determining the \"\"Net Asset Value\"\" for the fund.  The fund prices are determined after the market is closed and so a closing price can be used for stocks. The liabilities could include the costs to run the fund as part of the accounting in the fund, that most items have to come down to either being an asset, something with a positive value, or a liability, something with a negative value. Something to consider also is the size of the fund.  With over $7,000,000,000 in assets, a .01% amount is still $700,000 which is quite a large amount in some ways.\""}
{"_id": "574357", "title": "", "text": "\"Company Distribution is attempting to show a histogram of how many companies fall within a given range so you can visualize the number of companies that meet a certain parameter.  For example if you move the \"\"Market Cap\"\" sliders so the minimum slider is just before the large rise in the distribution and move the maximum slider so it is just after the fall off in distribution, you can see that most companies have a market cap between ~5700 and ~141B.\""}
{"_id": "574359", "title": "", "text": "if you don't intent to touch the money for 10 years or longer, then dumping 100% into a low-expense-ratio index fund seems like a perfectly reasonable thing to do. it is simple, low maintenance and fairly mindless. just remember to reinvest the dividends occasionally (e.g. every 6 months).  however, if you are the kind of person who is going to lose their nerve when the market goes down 30%, then putting some of your money into a bond index fund or even a treasury note fund would be better than selling stock in a down market. just figure out how much of your portfolio you are comfortable losing, and put that in stocks.  then put the rest in some stable value fund and watch it's value get slowly washed away by inflation while your stock investments rise through violent swings."}
{"_id": "574363", "title": "", "text": "If you've got millions in a wallet but only make 50k a year, the government will go after you for tax evasion if you ever try to spend a significant amount of it.  You can never cash out, that's not clean money"}
{"_id": "574365", "title": "", "text": "Candle stick patterns are generally an indication of possible short term changes in price direction (if a reversal pattern). A doji is such a reversal candle, and should be read as there could be a short term change in the direction of price action. A doji is most effective at peaks or troughs, and the outcome can be a higher probability if occuring during overbought conditions (at the peak) or during oversold conditions (at the trough). So a doji should be used for short term changes in direction and not a total change in the overall trend. Although there could be a doji at the very top of an uptrend or at the very bottom of a downtrend, we wouldn't know it was the change of the trend until price action confirms it.  The definition of an uptrend is higher highs and higher lows. The definition of a downtrend is lower lows and lower highs. So an uptrend will not be broken until we have a lower high and confirmed by a lower low, or a lower low confirmed by a lower high. Similarly a downtrend will not be broken until we have a higher low confirmed by a higher high or a higher high followed by a higher low. Another thing to consider is that doji's and other candle stick patters work best when the market is trending, even if they are only short term trends. You should usually wait for confirmation of the change in direction by only taking a long trade if price moves above the high of the doji, or only taking a short trade if price moves below the low of the doji."}
{"_id": "574366", "title": "", "text": "\"Full disclosure:  I own restaurants.  It's a bit of a Catch-22.  It's a weird time for the restaurant industry because minimum wage is going up (which I'm all for) but in a lot of states, you don't get tip credits.    So, \"\"Make at least good food with decent portion sizes at a moderate price\"\" is pretty tough to hit.  \"\"Good\"\" food costs more yet bargain chains like BWW get raked across the coals for being too expensive.    It's why fast-casual (Chipotle, et al) are taking business from Applebee's and BWW.  I think we're going to see a lot of the casual dine-in restaurants fall by the wayside pretty soon, their rent and labor costs just aren't sustainable in a bargain-seeking market.   Good, fast, cheap.  Pick two.\""}
{"_id": "574372", "title": "", "text": "cfa here  what sort of valuation/modeling/analysis do you do? is it similar to the cfa curriculum? just because you're good at math doesn't mean you'll be good at cfa math.  and do you have a good knowledge of econ, quantitative methods, and equity/debt concepts?  keep in mind you only need to pass and not get everything right. for the most part i feel that people who come from a finance background in terms of education and/or work experience has it easier. ~150 hours seems to be cutting it close personally"}
{"_id": "574374", "title": "", "text": "The question is how does $16,000/year for 6.5 years fit into your budget. Or to put it another way, what won't you be spending that money on? Housing, food, vacations, retirement fund, investments (though you can invest your car fund in the meantime), building a hefty emergency fund, kids college funds, saving for a down payment on a home, charity, etc... are all other places that money could go. I don't know what your needs are today let alone 6.5 years into the future, but I'd encourage you to consider all your financial goals and evaluate where this expense would fit.  It seems your plan is to save up to the total cost of the car and then buy it in cash. That's a valid strategy, but it means you'll have no car (unless you already own one) for 6.5 years.  Do you need a car? If so, what will you drive in the meantime (and even if you already own another car outright, you'll have gas and maintenance expenses)? If you don't need a car, then $100,000 is a rather extravagant purchase for something we just established you don't need. Would you be happier having this expensive car in 6.5 years, or having a series of less expensive cars starting now? Or buying a used model of the expensive car sooner? Or having no car at all? Also, a lot can change in 6.5 years. Cars will evolve and there'll be different models and options available. Maybe your salary will have doubled, or maybe you'll be unemployed. You could be living in a different city, have a different commute, and maybe you'll need a minivan to haul kids around or live in a place with bad winters and want a 4-wheel-drive. You'll also need to be prepared for the additional expenses that generally come with expensive cars, such as higher insurance and maintenance rates, and parking could be costly if you live in an expensive city.  The other option, of course, if the car is truly something you need, want, and can afford, would be to save up a sizable down payment and finance the rest so you can get the car sooner. Finally, there's nothing wrong with saving your money for 6.5 years, building up that fund, and then reevaluating what makes the most sense for you at that time. Maybe it will the car, maybe something else, but the nice thing about having savings is that it gives you more options."}
{"_id": "574375", "title": "", "text": "You would place a stop buy market order at 43.90 with a stop loss market order at 40.99 and a stop limit profit order at 49.99. This should all be entered when you place your initial buy stop order. The buy stop order will triger and be traded once the price reaches 43.90or above. At this point both the stop loss market order and the stop limit profit order will become active. If either of them is triggered and traded the other order will be cancelled automatically."}
{"_id": "574383", "title": "", "text": "Mutual funds are a collection of other assets, such as stocks, bonds and property. Unless the fund is a type that is traded on an exchange, you will only be able to buy into the fund by applying for units with the fund manager and sell out by contacting the fund manager. These type of non-traded funds are usually updated at the end of the day once the closing prices of all the assets in it are known."}
{"_id": "574386", "title": "", "text": "As Dilip commented, the Social Security web site is pretty comprehensive.  Understanding Supplemental Security Income SSI Income has the details you are looking for.  It's a convoluted equation. You lose SSI at a pretty fast rate as earned income rises. The system is not kind to those who qualify for SSI but try to earn some money to cover their needs."}
{"_id": "574387", "title": "", "text": "Yeah, it sounds like people are mostly mad that housing and such has inflated.  The thing about wage stagnation is it's stagnant, not slipping.  So if minimum wage, relative to everything else, pays about the same as it used to, that's not really a problem in and of itself.  Hell, basic cell phones and plans are even factored into CPI since they're so important.  If people on minimum wage are struggling *more than they have historically*, it's likely got to do with something other than necessities."}
{"_id": "574390", "title": "", "text": "Onsite Rentals Services Pvt. Ltd offers best and high class Portable Sanitation Products. Get on rent our best services and products to make your outdoor events more memorable and successful.  For any query calls us- + (91) \u2013 9810084824 and email us- info@onsiterentals.com"}
{"_id": "574398", "title": "", "text": "When adding a new or used car to the policy I have found that it is best to call the company in advance. I let them know I will be adding a car to the policy in the next few days, but I have no idea of the VIN or other info.  I have a policy with a different company and they have told me that I am automatically covered  as long as I provide the VIN and other details within 30 days. The next business day after the purchase I provide everything they need, and a new bill is generated. When removing a car from the policy it has worked the same way, a new bill is generated when removing the car. Depending on the timing and amounts they have either credited my account or sent a check.  They should have no problem removing a car that was accidentally on the policy. It might be that they charge you a days coverage. When you call them about the refund, ask if the coverage for an additional vehicle is automatic, that way you don't have to provide the info until after you get the car home."}
{"_id": "574415", "title": "", "text": "You are being ripped off on several counts. 1) 40k is 26% not 25%. 2) Why should you pay them $500 rent? they bought a share of the property, they should fund it if they intend to keep 75% 3) Why do you need to pay them for the 75%? why dont they need to pay you for the 25%? You are better off getting a loan for the 75% and going solo so you get to buy equity."}
{"_id": "574417", "title": "", "text": "\"When you do your taxes, you have two choices for your deductions. You can take the standard deduction, or you can choose to itemize your deductions. If you itemize your deductions, you use Form 1040 Schedule A.  By looking at Schedule A, you can see the list of deductions that are itemized: On Schedule A itself, you only list a total for each of these broad categories. In some cases, this is sufficient detail. However, for certain deductions, finer detail may be required, and you may have to submit additional forms showing this detail. For example, on the medical expense line, you generally only list a total of medical expenses; details are only supplied to the IRS upon request. For noncash gifts to charity, you need to supply more details on Form 8283 if your gifts are worth more than $500.  These requirements can be found in the instructions for Schedule A. As noted by @Accumulation in the comments, the above deductions that are a part of your itemized deductions are called \"\"below the line\"\" deductions (because they are subtracted after the adjusted gross income line) and are only able to be deducted if you choose to decline the standard deduction. There are other deductions that are available whether or not you itemize. These \"\"above the line\"\" deductions are found on Form 1040 Lines 23-35. If you look at these lines on the form, you'll see the different types of deductions that are called out here. Some of these deductions require additional details on other forms; for example, the HSA deduction requires details on Form 8889.  If you have a business, your business expenses are not part of your itemized deductions at all, and do not appear on Schedule A anywhere. Instead, your business expenses get subtracted from your business's revenue, and the resulting profit (or loss) is what is reported on your Form 1040.  Different types of businesses report these expenses differently. If you have a sole proprietorship, the details of your business's expenses are reported on Schedule C. On this schedule, Part II is devoted to deductible business expenses. Take a look at Schedule C, and you'll see that Lines 8-27 are different categories of expenses that get called out on this schedule.\""}
{"_id": "574432", "title": "", "text": "\"If I understand you situation correctly, then the accepted answer is extremely misleading and incorrect. Your arrangement with your parents is definitely unreasonable. It is definitely not \"\"similar to an interest-only loan\"\". In an interest-only loan, like you can get from a bank, you will loan a sum of money, which you are expected to pay back at a certain time in the future, or when you sell the condo. But you pay back the original sum, not the value of property at selling time. For the access to the money you pay an interest to the bank. The bank gets their profits from the interest. The property only serves as collateral in case you are not able to make your interest payments.  Another way to view it, is that your parent bought (a share of) your condo for investment reasons. In that case, they would expect to get their profits from the increase of the value of the property over time. That looks most like your situation. Granted, that is more risky for them, but that is what they choose to sign up for. But in that case it is not reasonable to charge your for interest as well, because that would mean they would get double profits. So how does the $500 monthly payment fit in? If it is interest, then it would work out to a yearly interest of about 5.2%. Where I live, that would nowadays be extremely high even for an interest-only mortgage from a bank. But I don't live in the USA, so don't know whether that is true there. I think in your situation, the $500 can only be seen as rent. Whether that is reasonable for your situation I cannot judge from here. It should be 75% of a reasonable rent for a condo like that. But in that case, your parents should also stand for 75% of the maintenance costs of the property, which you don't mention, and most of the property taxes and insurance fees. In short, no it is not a reasonable arrangement. You would be better of trying to get a morgage from the bank, and buy out your parents with it.\""}
{"_id": "574434", "title": "", "text": "It's probably worth distinguishing that I am talking specifically about revenues and speaking to the beliefs *about* revenue of people who make the cuts-for-growth claim.  I am tempted to say that *nominal rate* does not mean *money paid* is common knowledge. The challenge here is disentangling how common that knowledge really is from a cynical ploy for political gain."}
{"_id": "574438", "title": "", "text": "\"It's a decision that only you can make. What are the chances that you'll want to take another loan (any loan - car, credit card, installment plan for new fridge, whatever else)? What are the chances that with the bad credit you'll find it hard to rent a place (and in Cali it's hard to rent a place right now, believe me, I bought a place just to save on the rent)? What are the chances that the prices will bounce and your \"\"on-paper\"\" loss will be recovered by the time you actually need/want to sell the house? You have to check all these and make a wise decision considering all the pros and cons in your personal case.\""}
{"_id": "574445", "title": "", "text": "\"I've been a member for over 15 years and do most of my shopping there.  But it isn't a myth.  While some items are singles/normal such as clothing, many are larger/bulk.  The price per unit is a heck of a lot lower as a result, but the price is still higher.  For example ketchup is a 1.25kg two pack while my local supermarket sells them as smaller singles.  Toilet paper is twice the price of a local Target but you get almost 4 times as much.  Bacon comes as a two pack of a pound each (one pack at supermarket).  Milk comes as two one gallon containers.  Fruit and vegetables come in containers that are typically twice the size of my local supermarket.  Bleach comes in a huge box containing 3 large containers.  Shrimp comes in a two pound bag - local supermarket is 1lb pound bags at their largest.  Halloween candy comes in huge bags - the local supermarket has some that big, but the vast majority are a lot smaller.  Bread is in two packs - local supermarket is a one pack.  The rotisserie chicken is a single just like my local supermarket and is cheaper.  Costco is undoubtedly value for money, but a typical family shopping list will cost more upfront (and then last longer).  But not everyone can afford the membership and higher initial \"\"investment\"\".\""}
{"_id": "574487", "title": "", "text": "2014 Limit: $2,500 Notes 2014 Limit: $3,300 individual, $6,550 family Notes 2014 Limit: $5,000 Notes 2014 Limit: $2,500 Notes 2014 Limit: $250/month Notes 2014 Limit: $130/month Notes"}
{"_id": "574500", "title": "", "text": "I like to think of Safeway as more of a middle-of-the-road store. Poor people don't shop at Safeway, but neither do rich people. Most of our customers are on the older side, around the 40 and above range.  The key to shopping at Safeway is to only buy the things on sale. You shouldn't be buying your entire grocery list at Safeway if you're on a budget.   A few examples:  2 Lb. Strawberries for $2.50  Recently I got 1.5 Quart Ice Cream for $1.25 each, it was the good 3-4 flavor stuff too, not just Vanilla/Chocolate."}
{"_id": "574527", "title": "", "text": "\"You're asking if lottery ticket can ever produce a positive expected value (EV). The short answer is, \"\"no\"\". There's an interesting article that goes into the details and is heavy on the math and graphs. The key point: Even if you think you have a positive expected value due to the size of the jackpot being larger than the number of possible numbers, as more tickets are purchased (and the jackpot grows larger) the odds of someone else picking the winner goes up and your EV goes down. The article concludes: [It] ... paints a grim picture for anyone   still holding out hope that a lottery ticket can ever be an   economically rational investment. As the jackpot grows in value, the   number of people who try to win it grows super-linearly. This human   behavior has a mathematical consequence: even though the jackpot   itself can theoretically grow without bound, there is a point at which   the consequent ticket-buying grows to such a fever pitch that the   expected value of the jackpot actually starts going down again.\""}
{"_id": "574545", "title": "", "text": "I upvoted you as I think your story is important to tell. However, commodities and futures accounts have never been protected under SIPC. The use of your money to pay debts sounds illegal or perhaps it was legal under a document you signed when you opened your account. Bankruptcy was not a way to screw you over.  The bigger point is that bankruptcy is a way to restructure debts and is beneficial in the long run to the benefits of society. While we often look at people or corporations who have to file bankruptcy as being irresponsible (and what I am about to say may reflect negatively on you, for that I apologize) the people or corporations who lent to a bankrupt entity should be scorned just as much.  Right now, the EU is going through a period where we are hoping bankruptcy is off the table. Increasingly though, the only way to do that is to try and paper over debts that will never be repaid for a long enough time period for growth to resume. But the question remains, what if growth never comes back. This is why restructuring and bankruptcy is the only option for Greece and likely Italy, Portugal, Spain and Ireland."}
{"_id": "574546", "title": "", "text": "Looks like a great service. Honestly, if the following 3 things were different I'd join at the C tier without hesitation:  1) 24 hour service (most of my customers are in Europe and Asia).  2) If you did active calendar management.  3) Outgoing calls to confirm appointments, etc. were included in the minutes."}
{"_id": "574564", "title": "", "text": "Clutch Bags is the new marketplace for our NYC clients. We are the best shopping site, where you can search perfect product. In New York city, We are the manufacturer and seller of a clutch purse. We design, developing, manufacturing and selling a variety of accessories clutch bag from the last 20 year. We have many clients in the USA and throughout the world from Australia to Japan to begin making and selling our clutch bags."}
{"_id": "574575", "title": "", "text": "My son is in a similar situation where he is 21 and in college. My wife and I claimed him as a dependant on our taxes last year. He had still been able to get some student loans as a dependant as well as scholarships. I have told him that we will not cosign on a loan for him. It isn't because we don't like our son, it is simply because too many unexpected things can happen.  He has been working multiple jobs which is one thing I would suggest as well as donating plasma for extra money to have a social life. As an electrical engineering major he doesn't have much time to be social. He cuts rent by having roommates and does most of his own cooking to help with food costs.  The main thing he does to keep his costs under control is attends a school that isn't outrageously expensive.  An expensive school does not offer as much benefit for an undergrad degree as it might for a graduate degree.  Another option is to look for a job that had some sort of tuition assistance.  Another option along that same line is look into military service either active duty or reserves as there is tuition help to be found there. There are options that don't involve debt. As a side note my son used a student loan last year however, this coming year he has his budget figured out and he will not be needing one at all."}
{"_id": "574583", "title": "", "text": "\"This would never apply for tax \"\"brackets\"\". It's not as though making an extra dollar will put you into an entire separate bracket, the IRS isn't that bad. They bump up the \"\"brackets\"\" every $50, so you will never turn down a raise because it would cause you to lose income. However if your raise would preclude you from contributing to your IRA because it pushes you over $110,000 then yes, you could turn it down or explain to your boss that it would need to be just a little bit higher to cover your IRA contribution loss.\""}
{"_id": "574584", "title": "", "text": "Now, stop worrying about your security concerns and leave it to us. We offer professional security services for all kind of security needs in Irvine. With extensive experience in providing security services coupled with good number of security personnel, we provide security for all kind of purposes such as public properties, individuals\u2019 needs, special events etc."}
{"_id": "574585", "title": "", "text": "Debt creates risk.  Plain and simple.  Comparing interest rates of debt vs. possible investing.  To me, it is all meaningless.  When you are in debt, you options are limited.  If you are not in debt, you have more freedom. To me, it is a no brainer.  Become debt free ASAP."}
{"_id": "574599", "title": "", "text": "\"There are way more than \"\"some successful ones from millions.\"\" Nearly all my close friends are employed professionals (I'm talking about doctors, lawyers, university professors, software developers, business owners, government employees, working artists, you name it) who use marijuana. Same goes for my parents' friends. If anything, they smoke much more than my generation. Yet they all seem to have had decent careers and are now retiring happily.  [More than half of Americans have used marijuana.](http://www.nbcnews.com/news/us-news/new-poll-finds-majority-americans-have-smoked-pot-n747476) If what you were saying were true, there would be a huge underclass of people wasting away in basements, doing nothing more with their lives than eating Pringles and playing video games. But that's just a derisive stereotype that does not represent most people who smoke pot.\""}
{"_id": "574604", "title": "", "text": "This is a scam. There is no soldier, no money ... This is a story to gain sympathy and make one part with Bank account and other details so that the scammer can make away with your money."}
{"_id": "574608", "title": "", "text": "No. Bank of America helped out during the financial crisis by buying Merrill Lynch (I am not suggesting they did this for altruistic reasons, just trying to describe the position they were in despite already purchasing Countrywide). They were forced to accept TARP but they paid it all back by the end of 2009. If the IRS fucked up their math like BofA is suggesting then they deserve to be compensated.  Edit: Countrywide is one word."}
{"_id": "574614", "title": "", "text": "Hey now. Don't be so harsh. Depending on when he was hires his $6M in stock may have only dropped to $4.8M today if he was hired very recently or $3.6M if has been on for the last 52 weeks."}
{"_id": "574616", "title": "", "text": "\"There are a few factors at work here, supply and demand being the main one. The Office for National Statistics has some good information: http://visual.ons.gov.uk/uk-perspectives-housing-and-home-ownership-in-the-uk/ Supply has historically struggled to compete with demand in the UK and this situation has been exacerpated since the 1980s when Margaret Thatcher was Prime Minister.  She set up a variety of schemes to encourage people to own their own home, such as tax relief (MIRAS) and since then home ownership in the UK has increased dramatically. The then conservative government also set up the \"\"right to buy\"\" scheme (in 1980) that allowed council tenants to purchase their council houses at a discounted rate.  The effect of this was to increase the number of home owners whilst reducing the amount of housing available for councils to rent to new tenants.  Anecdotal evidence (I can't find a documented source to back this up) suggests that councils did not build sufficient new homes to replace those purchased by their ex-tenants. The population of the UK has also increased, by around 10 million since 1980 (around 20%) and this has pushed up demand for housing.  House building in the UK has not kept pace with these factors that has led to a shortage of supply that has pushed up prices. http://www.ons.gov.uk/ons/rel/pop-estimate/population-estimates-for-uk--england-and-wales--scotland-and-northern-ireland/2013/sty-population-changes.html There's another factor at play here as well.  If you go back to the 1970s around 53% of women would go out to work but in 2013 this figure increased to 67% as it became more common for households to have double incomes.  This extra supply of cash also pushed up house prices. http://www.ons.gov.uk/ons/dcp171776_328352.pdf Your question regards a debt based monetary system is not entirely clear, but there are limitations put onto how much money people can borrow that are potentially limiting how much house prices can rise by.  Today most lenders are more conservative in how much they will lend but this wasn't the case in the mid 2000s when house prices rose very quickly.   Lenders are more cautious today after the crash of the late 2000s, but things are begining to relax again and they are starting to lend more which could in turn lead to further house price rises in line with what was seen in the 2000s. Recessions have coincided with house prices falling back or at least being stable.  In the 1980s house prices trebled from 1980 to 1988 but then fell back a little as the recession hit, before starting to rise again in 1997.  This rise was sustained until 2008 during which time prices trebled again.  Based on this you could assume prices will treble again as we come out of the recession, as long as this is sustained for 8 years or so. However, as the potential for more households to become double income is reduced (high female employment already) and wages are unlikely to raise that quickly, this may not be realistic, unless the mortgage lenders become extremely lax, to the point of reckless! To answer your other question, about the affordability of housing, this will be based on the level of wages in the UK and how strict or lax the lenders are, also taking into effect the availability of housing for purchase.  If wages rise, house prices will rise, if lenders are willing to lend more money, house prices will rise and if demand continues to outrstip supply, prices will rise. None of the major UK political parties are likely to solve the problems of population growth and not enough houses being built so it is likely prices will rise but you could argue that they are not far off a peak based on current wages and lenders attitudes.  If the UK economy continues to recover from the recession, it is possible they will fuel another housing boom by lending ever increasing salary multiples as happened in the 2000s, unless there is government intervention, ie regulation of the lenders.\""}
{"_id": "574617", "title": "", "text": "\"Goods that are exchanged for financial value, which you can use to increase your own standard of living at the expense of the people importing your goods. What good's a toaster if you spent part of your nest egg to get it?  I've been \"\"emphasizing\"\" a bottom line this entire time!\""}
{"_id": "574644", "title": "", "text": "I apologize that I mixed you up with a previous commenter. On mobile, I can't see who posted and reply at the same time, and I should've been more careful.   I am aware of immigration to Europe.  All of my previous responses pertained to Scandinavia because I was replying to the Scandinavian comment specifically. I did not say that all of Europe is insulated geographically or that all of Europe is ethnically homogeneous.  To address your question specifically, this paper would suggest that not only is the scale of illegal immigration in the EU much smaller than it is in the US (this paper doesn't make the comparison, but it does mention roughly half a million illegal immigrants enter Europe every year, which is about half that of the US), but also that illegal labor is an issue and it is growing as illegal immigration grows.  https://archive.intereconomics.eu/downloads/getfile.php?id=323  So I guess we are at a bit of an impasse. I'm not sure I concede that Europe doesn't have this problem or that the US is unique in how supply and demand relate to labor. I do agree that the scale of the problem is different, so perhaps that is enough to continue discussion?"}
{"_id": "574646", "title": "", "text": "The functioning of vacuum pump oil can vary from continuous running to intermittent use and also for cyclic duty. Along with these, the fluids can also be used in vacuum pumps to eliminate cross contamination, high particulate, water vapor applications, clean air or hazardous gas pumping. All these factors play a vital role in the consideration of oil for your vacuum pump\u2019s duty or process."}
{"_id": "574654", "title": "", "text": "I would say that, for the most part, money should not be invested in the stock market or real estate.  Mostly this money should be kept in savings: I feel like your emergency fund is light.  You do not indicate what your expenses are per month, but unless you can live off of 1K/month, that is pretty low.  I would bump that to about 15K, but that really depends upon your expenses. You may want to go higher when you consider your real estate investments.  What happens if a water heater needs replacement?  (41K left) EDIT:  As stated you could reduce your expenses, in an emergency, to 2K.  At the bare minimum your emergency fund should be 12K.  I'd still be likely to have more as you don't have any money in sinking funds or designated savings and the real estate leaves you a bit exposed.  In your shoes, I'd have 12K as a general emergency fund.  Another 5K in a car fund (I don't mind driving a 5,000 car), 5k in a real estate/home repair fund, and save about 400 per month for yearly insurance and tax costs.  Your first point is incorrect, you do have debt in the form of a car lease.  That car needs to be replaced, and you might want to upgrade the other car.  How much?  Perhaps spend 12K on each and sell the existing car for 2K?  (19K left). Congratulations on attempting to bootstrap a software company.  What kind of cash do you anticipate needing?  How about keeping 10K designated for that?  (9K left) Assuming that medical school will run you about 50K per year for 4 years how do you propose to pay for it?  Assuming that you put away 4K per month for 24 months and have 9K, you will come up about 95K short assuming some interests in your favor.  The time frame is too short to invest it, so you are stuck with crappy bank rates."}
{"_id": "574659", "title": "", "text": "China actively SELLS US Treasuries.   http://online.barrons.com/article/SB50001424052748704097904577257030958775246.html  The Chinese are not stupid.  Why the fuck would someone buy a 2 year at .2% when inflation is over 1% PER YEAR?    So insolvent banks can park collateral at Central Banks for cash.  This is why the balance sheets of developed world nations have exploded since 2008.  http://www.alsosprachanalyst.com/economy/charting-central-banks-balance-sheets.html  edited: for unnecessary rudeness"}
{"_id": "574664", "title": "", "text": "So based on his GM argument, Microsoft may fail 20 to 40 years from now. Ok, but what's going to happen this decade?  EDIT: Oh, I see. Mr. Allen doesn't want to predict what will happen before he retires, that might require real work.  **I am the Leadership Editor of ~~Forbes~~ Reddit**"}
{"_id": "574668", "title": "", "text": "Interests change. So do careers. She had been in security 14 years. Undergrad is meaningless at that level and point in career. Contractors give flexibility to staff up for projects and down again as conditions dictate, and are paid higher rates to compensate for the impermanence."}
{"_id": "574678", "title": "", "text": "I'm not a 'rule of thumb' guy, but here, I'd suggest that if you can set aside 10% of your income each year for college, that would be great. That turns out to be $900/mo.  In 15 years, if you saw an 8% CAGR, you'd have $311K which happens to be in your range of expenses. And you'd still have time to go as the baby won't graduate for 22(?) years. (Yup, 10% is a good rule of thumb for your income and 3 kids) Now, on the other hand, I'd research what grants you'd be able to get if you came up short. If instead of saving a dime, you funded your own retirement and the spouse's IRA if she's not working, and time the mortgage to pay it off in 15 years from now, the lack of liquid funds actually runs in your favor. But, I'm not an expect on this, just second guessing my own fully funded college account for my daughter."}
{"_id": "574684", "title": "", "text": "\"I can see why you are feeling financial stress.  If I understand right you have put yourself in a very uncomfortable and unsustainable situation and one that should indeed be very stressful for a person of your age.  I feel a lot of stress just reading over your question. I'm going to be very frank.  Your financial situation suggests that you have very aggressively taken wealth from your future self in order to consume and to make inefficient investments.  Well, look in the mirror and say to yourself \"\"I am now my future self and it is time to pay for my past decisions.\"\"  Don't take money out of your IRA.  That would be continuing the behavior as it is a very inefficient use of your resources that will lead to yet more extreme poverty down the line. Ok, you can't take back what you have done in the past.  What to do now?  Major life restructuring.  If I were you, I'd sell my house if I had one.  Move in with one of your kids if you have any nearby.  If not, move into the cheapest trailer you can find.  Take a second job.  Very seriously look to see if you can get a job that pays more for your primary job--I know you love your current job but you simply cannot continue as you are now.  Start eating really cheap food and buying clothes at thrift stores.  Throw everything you can at your debts, starting with the ones with the highest interest rate.  Plan now to continue working long after your peers have retired. Early in life is the time to be borrowing.  Middle age is when you should be finishing paying off any remaining debts and tucking away like crazy for retirement.  Now is not an OK time to be taking on additional debt to fund consumption. I know changing your life is going to be very uncomfortable, but I think you will find that there is more peace of mind in having some amount of financial security (which for you will require a LOT of changes) than in borrowing ever more to fund a lifestyle you cannot sustain.\""}
{"_id": "574691", "title": "", "text": "Yes, this is fine: You can save up to \u00a320,000 in one type of account or split the   allowance across some or all of the other types. You can only pay \u00a34,000 into your Lifetime ISA in a tax year ... Example   You could save \u00a311,000 in a cash ISA, \u00a32,000 in a stocks and shares ISA, \u00a33,000 in an innovative finance ISA and \u00a34,000 in a   Lifetime ISA in one tax year. https://www.gov.uk/individual-savings-accounts/how-isas-work You might want to consider whether it is wise to be fully invested in shares. If you're going to have to dip into them for things like holidays and a car, you're taking a risk that you might have to sell when the market is low. As a basic rate taxpayer, you have a \u00a31 000 personal savings allowance. You don't need to chase the tax break with a cash ISA, which often have poor rates. However, you should consider keeping some of your savings in cash, for example in a current account that pays decent interest on the balance."}
{"_id": "574696", "title": "", "text": "The (assets - liabilities)/#shares of a company is its book value, and that number is included in their reports. It's easy for a fund to release the net asset value on a daily basis because all of its assets (stocks, bonds, and cash) are given values every day by the market.  It's  also necessary to have a real time value for a fund as it will be bought and sold every day. A company can't really do the same thing as it will have much more diverse assets - real estate, cars, inventory, goodwill, etc.  The real time value of those assets doesn't have the same meaning as a fund; those assets are used to earn cash, while a fund's business is only to maximize its net asset value."}
{"_id": "574711", "title": "", "text": "It can be done, but I believe it would be impractical for most people - i.e., it would likely be cheaper to fly to Europe from other side of the world to handle it in person if you can.  It also depends on where you live. You should take a look if there are any branches or subsidiaries of foreign banks in your country - the large multinational banks most likely can open you an account in their sister-bank in another country for, say, a couple hundred euro in fees."}
{"_id": "574718", "title": "", "text": "In essence, networking, hard, and continuously working to improve my resume.  I am not certain about a certificate course, but if you can't say without hesitation that your modeling skills are strong, you should focus on improving there.    In terms of networking, build a list of firms you'd like to work for, build a list of the relevant personnel in each (example, if you want to do equity research, build a list of analysts in every sell side firm in your city), and then begin reaching out to them via phone or email to ask them for 15 minute coffee meetings.  Once you build up a few folks in firms that you know, touch base with them quarterly.  CFA may be something to consider if your focus is research.  It's a lot cheaper than an MBA."}
{"_id": "574732", "title": "", "text": "\"As JoeTaxpayer says, there's a lot you can do with just the stock price. Exploring that a bit: Stock prices are a combination of market sentiment and company fundamentals. Options are just a layer on top of that. As such, options are mostly formulaic, which is why you have a hard time finding historical option data -- it's just not that \"\"interesting\"\", technically. \"\"Mostly\"\" because there are known issues with the assumptions the Black-Scholes formula makes. It's pretty good, and importantly, the market relies on it to determine fair option pricing. Option prices are determined by: Relationship of stock price to strike. Both distance and \"\"moneyness\"\". Time to expiration. Dividends. Since dividend payments reduce the intrinsic value of a company, the prospect of dividend payments during the life of a call option depresses the price of the option, as all else equal, without the payments, the stock would be more likely to end up in the money. Reverse the logic for puts. Volatility. Interest rates. But this effect is so tiny, it's safe to ignore. #4, Volatility, is the biggie. Everything else is known. That's why option trading is often considered \"\"volatility trading\"\". There are many ways to skin this cat, but the result is that by using quoted historical values for the stock price, and the dividend payments, and if you like, interest rates, you can very closely determine what the price of the option would have been. \"\"Very closely\"\" depending on your volatility assumption. You could calculate then-historical volatility for each time period, by figuring the average price swing (in either direction) for say the past year (year before the date in question, so you'd do this each day, walking forward). Read up on it, and try various volatility approaches, and see if your results are within a reasonable range. Re the Black-Scholes formula,  There's a free spreadsheet downloadable from http://optiontradingtips.com. You might find it useful to grab the concept for coding it up yourself. It's VBA, but you can certainly use that info to translate in your language of choice. Or, if you prefer to read Perl, CPAN has a good module, with full source, of course. I find this approach easier than reading a calculus formula, but I'm a better developer than math-geek :)\""}
{"_id": "574777", "title": "", "text": "Here is one from a Bloomberg partnership, it is free. To get the end of day prices, you may need some programming done. PM me if you need help with that. Getting bond quotes and general information about a bond issue is considerably more difficult than researching a stock or a mutual fund. A major reason for this is that there is not a lot of individual investor demand for the information; therefore, most bond information is available only through higher level tools that are not accessible to the average investor. Read more: Where can I get bond market quotes? | Investopedia http://www.investopedia.com/ask/answers/06/bondquote.asp#ixzz3wXVwv3s5"}
{"_id": "574780", "title": "", "text": "I think all the smartest people have these sorts of troubles, they tend to be very unique and individually minded, which doesn't often mesh well with a corporate authority structure.  It depends on the company tho, of course."}
{"_id": "574820", "title": "", "text": "All securities must be registered with the SEC. Securities are defined as (1) The term \u201csecurity\u201d means any note, stock, treasury stock,   security future, security-based swap, bond, debenture, evidence of   indebtedness, certificate of interest or participation in any   profit-sharing agreement, collateral-trust certificate,   preorganization certificate or subscription, transferable share,   investment contract, voting-trust certificate, certificate of deposit   for a security, fractional undivided interest in oil, gas, or other   mineral rights, any put, call, straddle, option, or privilege on any   security, certificate of deposit, or group or index of securities   (including any interest therein or based on the value thereof), or any   put, call, straddle, option, or privilege entered into on a national   securities exchange relating to foreign currency, or, in general, any   interest or instrument commonly known as a \u201csecurity\u201d, or any   certificate of interest or participation in, temporary or interim   certificate for, receipt for, guarantee of, or warrant or right to   subscribe to or purchase, any of the foregoing. thus currencies are not defined as securities. While OTC transactions of securities is not outright forbidden, there are numerous regulations issued by the SEC as a result of the 1943 Exchange Act and others that make this difficult and/or costly. Many other securities are exempted from registration thus trade in a way that could be called OTC. Different countries have variances upon US law but are very similar. Any security could be traded OTC, but law prohibits it expressly or in such a way to make it relatively expensive; further, stock options are so tightly regulated that expiration dates, expiration intervals, strike intervals, and minimum ticks are all set by the authorities."}
{"_id": "574821", "title": "", "text": "\"Both, really. Thanks for the insight.  What would someone have to do to \"\"show you\"\" that their an expert? Also, what level would you consider an expert? I can manuver a spreadsheet using only the keyboard and have used excel quite a bit, but have limited use with things like VLOOKUP/Pivot tables/VBA.\""}
{"_id": "574831", "title": "", "text": "Planning to take a tour of London in the coming few days? One of the best and time saving ways to travel and visit all across London and nearby is to opt for reliable Nw10 Airport taxi services or Heathrow airport taxi services available at pretty decent prices. @ http://jatransfer.com/about.php"}
{"_id": "574832", "title": "", "text": "Industry groups? Product groups?  No way, that's not how this works and the easy googles are lies. There's a bunker 5,000 feet below any given investment bank that is constructed of solid gold and painted in the blood of fat fingers.  In that shining bunker, M&amp;A resides."}
{"_id": "574840", "title": "", "text": "Are you sure these farmers sell straight to wall mart?   There are always companies involved between big farms and grocery stores. They deliver the freshest produce to the higher end grocery stores first because they will pay more for it.   If a particular batch is going bad or doesn't pass inspection, the only companies that take it are Walmart and juice companies, speaking from experience (family business).   Once a batch has gone bad you lose all value and you don't get paid, no insurance even."}
{"_id": "574846", "title": "", "text": "Nah, that's just opinion. The benefits far outweigh the detriments.  So far, I don't see anyone panicking with sea level rise. We just spent 62 billion rebuilding New Jersey, RIGHT BACK ON THE SHORELINE. Those are way in the future problems. Right now we are just seeing benefits.  More superstorms? You mean more category 5 hurricanes. Probably, but nothing to worry about. But, please, show me some long term scientific data that says we ARE having more category 5 hurricanes.  Back to sea level rise. Read this chart. http://en.wikipedia.org/wiki/Current_sea_level_rise#mediaviewer/File:Post-Glacial_Sea_Level.png See how in the last 8000 years there is hardly any change at all. The earth goes through shift of 120 meters in glacier cycles and you're worried about 6 inches in a hundred years?"}
{"_id": "574852", "title": "", "text": "On what do you base that? They are literally selling all the $90,000 cars they can build, at a per-unit profit, and the only reason they're posting losses is massive R&amp;amp;amp;amp;D outlays, which is perfectly normal for a company in its growth phase.   You could argue the novelty will wear off soon, but what makes your take on that market any more reliable than any old guess? Mercedes and BMW prove there's steady streams of people with $80k to drop on a car.   They are just ramping up in China and they have a HUGE appetite for American luxury products.   I totally think they're current share price is, oh let's call it incredibly optimistic... But going bankrupt?"}
{"_id": "574855", "title": "", "text": "&gt;I don't condone corruption with peons or elites.  I'm fairly anti-capitalist, though I'll freely admit it has benefits. The thing I really don't get though, is why so many self proclaimed capitalists seem to support crony capitalism ot at least turn a blind eye to it. Aren't most conservatives heavily against corruption in politics?"}
{"_id": "574901", "title": "", "text": "It's good advice that I use on occasion. It typically only works for small businesses though. You need to keep in mind that everytime you swipe your card that business pays 1.5-3% processing fee to Visa/MasterCard and probably won't see your money in their account for at least a month. Also since cash has less of a paper trail many businesses don't accurately report it come tax time (ie. they subsequently pay less taxes)."}
{"_id": "574915", "title": "", "text": "Thank you monalisasnipples for voting on metric\\_units.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "574934", "title": "", "text": "Come om guys, it'll probably  e either 50.000 as a maximum for number of applicants, or 50.000 jobs that you can apply for but don't necessarily need filling right away / at all. For example they are already filled but just thrown out there in case a special candidate applies.   Or all shifts in the warehouse are counted separately, like the extra ten people in the morning are counted as separate jobs etc etc endless possibilities."}
{"_id": "574941", "title": "", "text": "Awesome info, this is what I was looking for. I live in FL so i will look into LLC laws. Is there a difference in obtaining loans for multi-unit properties, or any special requirements? This would be my first purchase so I'm trying to decide if I should start with a multi-unit or a large home. I read something about a first time home buyers and the FHA allowing one to put down less of an initial investment. Im assuming this is if you are actually going to be living in the home or property?   Would it make sense to have separate entities for specific types of units? For example One separate corporation per multi-unit property, but have multiple single family homes under another single entity?   Thanks for the help.  *quick add-on, would you know how long the corporation would have had to exist before being able to obtain a loan? For example, would XYZ, LLC. have to have been around for 3 years prior to the loan, or could i just incorporate the month before going to the bank?"}
{"_id": "574948", "title": "", "text": "This sounds like a shady trick. I would consult with a consumer debt lawyer in your area. Most county bar associations in the US have a referral service, where they recommend a local lawyer and there is a reduced fee for the initial visit. I think the statute of limitations is 10 years in most cases, but it depends on where you live. From these bare details,I think they don;t have much of a case. Go see a lawyer and don't let them harrass you."}
{"_id": "574954", "title": "", "text": "\"The problem here can be boiled down to that fact you are attempting to obtain a loan without collateral.  There are times it can be done, but you have to have a really good relationship with a banker.  Your question suggests that avenue has been exhausted. You are looking for an investor, but you are offering something very speculative.  Suppose an investor gives you 20K, what recourse does he have if you do not pay the terms of the loan?  From what income will this be paid from?  What event will trigger the capability to make a balloon payment?    Now if you can find a really handy guy that really needs a place to live could you swap rent for repairs?  Maybe.  Perhaps you buy the materials, and he does the roof in exchange for 6 months worth of rent or whatever. If you approached me with this \"\"investment\"\", the thing that would raise a red flag is why don't you have 20K to do this yourself?  If you don't how will you be able to make payments?  For example of the items you mentioned: That is a weekend worth of work and some pretty inexpensive materials.  Why does money need to be borrowed for this? A weekend worth of demo, and $500 worth of material and another weekend to build something serviceable for a rental.  Why does money need to be borrowed for this? 2K?  Why does money need to be borrowed for this? This can be expensive, but most roofing companies offer financing.  Also doing some of the work yourself can save a ton of money.  Demoing an old roof is typically about 1/3 of the roofing cost and is technically simple, but physically difficult. So besides the new roof, you could have a lot of your list solved for less than 3K and three weekends worth of work.  You are attempting to change this into a rental, not the Taj Mahal.\""}
{"_id": "574974", "title": "", "text": "Annualize quarterly returns:      AR = (1+QR)^4  Where *QR* is a decimal return, e.g. 0.05.  Standard deviations are similar:      Annual SD = SD * sqrt(T)  If you have quarterly deviations, *T=4*, if you have daily, *T=252*, etc.  As an aside, for work with money riding on it, it is *not* okay to aggregate standard deviations if there's autocorrelation amongst observations at a smaller time scale. Volatility is often quoted this way and that's fine, but it is dangerous to do any sort of risk management with this and you'll require more due diligence. It's a good enough approximation for napkin math, though."}
{"_id": "574975", "title": "", "text": "\"sorry, my response was supposed to be to the above comment, not yours. My main point was that colonizing in Africa, where there was already a large population did not require bringing in people (which you would need to incentivize to move to, hence offering the \"\"free\"\" carrot of property rights to settlers of NA) to extract resources. Instead the British (and other European powers) just used the local populace to extract the resources. The main reason the US and Canada are well off is that property rights were established very early on and this encouraged people to \"\"invest\"\" and produce more because the higher production accrued to the producer and the producer would have legal recourse should a negative \"\"externality\"\" be put upon them by someone else. Obviously there were other reasons as well, but property rights are huge (this is true globally now) in encouraging people to \"\"grow\"\" their assets. Part of the reason Africa is still so screwed up is that many of their institutions and governments are too corrupt to protect their citizens' property rights, thereby discouraging investment and production.\""}
{"_id": "574978", "title": "", "text": "I'd say no. They're basically a very staid form of gambling. It's a non-interest bearing security, so your money isn't growing at all, and while you might win a million, you might never win anything at all. Better off putting your money in interest bearing bonds, an interest bearing bank account, or stocks, which, while also gambling, tend to make money in the long term."}
{"_id": "575005", "title": "", "text": "No they don't, but they are sure as hell not going to make the sandwiches themselves. Try need employees and to abide by the laws on paying them.   If your business can not sustain itself paying employees legally, than you should not have that business."}
{"_id": "575007", "title": "", "text": "\"I will disagree with some of the other answers here.  In my view, the most important dimension of the situation is not your friend's potential loss but the potential losses of the people he may convince by using his position as youth group leader, etc., to draw more them into the scam. Exactly how to handle this depends on many factors that aren't mentioned in your question (and probably rightly so, as this aspect of the situation moves beyond personal finance).  For instance, if your friend is a \"\"pillar of the community\"\" who is widely trusted, and you are not, there may be little you can do, since people will believe him and not you.  If you have some influence over the groups he is trying to recruit, you can attempt to provide a counterweight to his recruitment activities. Again, how to do this depends on other factors, such as how he is recruiting them.  If he is just privately contacting individuals and inviting them to these meetings, you may have to just keep your eyes peeled for anyone who seems tempted and try to dissuade them before they suffer the \"\"brainwashing\"\".  If he actually tries to do some sort of public recruitment (e.g., holding a meeting himself), you could try to inject doubt by, e.g., attending and asking probing questions to expose the dangers.  If you think the danger is widespread, you could consider taking some more public action, like writing a column in a local paper about this organization. Of course, another major factor is how much you think people stand to lose by this.  However, in your question you indicated that your friend has invested \"\"multiple month or years of income\"\".  If he intends to pressure others to invest similar amounts, this sounds to me like enough danger to warrant some preventive action.  Few people can afford to lose months or years of income, and sadly those most vulnerable to a scammer's siren song are often those who can least afford it.  It doesn't sound like a situation where you'd have to devote your life to the cause of stopping it, but if I knew that dozens of people in my community stood to lose years of income, I'd want to make at least a small effort to stop them, rather than just keep my mouth shut. In doing this, you may lose your friendship.  However, you stated that your goal is to resolve the situation in a way that is \"\"best with lowest loss of money for everybody\"\".  If you really take this utilitarian view, it is likely that you may have to give up on the friendship to prevent other people from losing more money.\""}
{"_id": "575015", "title": "", "text": "I have an example of a trade I made some time ago.  By entering the position as a covered call, I was out of pocket $5.10, and if the stock traded flat, i.e. closed at the same $7.10 16 months hence, I was up 39% or nearly 30%/yr. As compared to the stock holder, if the stock fell 28%, I'd still break even, vs his loss of 28%. Last, if the stock shot up, I'd get 7.50/5.10 or a 47% return, vs the shareholder who would need a price of $10.44 to reflect that return. Of course, a huge jump in the shares, say to $15, would benefit the option buyer, and I would have left money on the table. But this didn't happen. The stock was at $8 at expiration, and I got my 47% return. The option buyer got 50 cents for his $2 bet.  Note, the $2 option price reflected a very high implied volatility."}
{"_id": "575018", "title": "", "text": "Yup. What I wanted to know was where they are pulling it up from. Have casually used Google finance for personal investments, but they suck at corp actions. Not sure if they provide free APIs, but that would probably suck too! :D"}
{"_id": "575026", "title": "", "text": "\"&gt;I bet we worked less as hunter gatherers.   Definitely. IIRC, there's quite a bit of stuff written about this.   This thread surprises me. I really thought Reddit would be like \"\"yes! And people under 40 too!\"\"  Personally, I don't think humans are made to work jobs. We are made to acquire wealth which makes working jobs tolerable. So, if we could change the way we get wealth or minimize the time spent at jobs, we'd all be better off in the long run.\""}
{"_id": "575029", "title": "", "text": "\"My visa would put the goods on the current monthly balance which is no-interest, but the cash part becomes part of the immediate interest-bearing sum. There is no option for getting cash without paying immediate interest, except perhaps for buying something then immediately returning it, but most merchants will do a refund to the card instead of cash in hand. This is in New Zealand, other regions may have different rules. Also, if I use the \"\"cheque\"\" or \"\"savings\"\" options at the eftpos machine instead of the \"\"credit\"\" option, then I can have cash immediately, withdrawn from my account, with no interest charge.  However the account has to have sufficient balance to do so.\""}
{"_id": "575046", "title": "", "text": "why should I have any bias in favour of my local economy? The main reason is because your expenses are in the local currency.   If you are planning on spending most of your money on foreign travel, that's one thing.  But for most of us, the bulk of our expenses are incurred locally.  So it makes sense for us to invest in things where the investment return is local.   You might argue that you can always exchange foreign results into local currency, and that's true.  But then you have two risks.  One risk you'll have anywhere:  your investments may go down.  The other risk with a foreign investment is that the currency may lose value relative to your currency.  If that happens, even a good performing investment can go down in terms of what it can return to you.  That fund denominated in your currency is really doing these conversions behind the scenes.   Unless the bulk of your purchases are from imports and have prices that fluctuate with your currency, you will probably be better off in local investments.  As a rough rule of thumb, your country's import percentage is a good estimate of how much you should invest globally.  That looks to be about 20% for Australia.  So consider something like 50% local stocks, 20% local bonds, 15% foreign stocks, 5% foreign bonds, and 10% local cash.  That will insulate you a bit from a weak local currency while not leaving you out to dry with a strong local currency.   It's possible that your particular expenses might be more (or less) vulnerable to foreign price fluctuations than the typical.  But hopefully this gives you a starting point until you can come up with a way of estimating your personal vulnerability."}
{"_id": "575054", "title": "", "text": "that would be socialism, what do you have against people making profits? if people want more money, they should work hard and get a second job, then a third, then a fourth. family is not so important if you want to get ahead.  /sarcasm"}
{"_id": "575056", "title": "", "text": "Now that was a fun fucking Monday . . .   It seems our  Cheeto in Chief has lost his words and been reduced to a soggy sobbing Cheeto and his hands are trembling to much to abuse Twitter  You have to admit it has been quite peaceful not having to hear him blubber mindlessly about shit he has no clue about   The Koreans made him blink and shut up in Panic . . I guess they know he was a draft dodger and would lock up  Well we picked him"}
{"_id": "575061", "title": "", "text": "\"Yeah, I understand the financial realities of it, but as others in this thread have pointed out, our *current* situation isn't \"\"insurance\"\", it's \"\"government bailout at a net loss to the public for a token fee\"\".  Whether I have to pay more in insurance premiums or more in taxes, at least make it *honest*.   And I think you overestimate the financial savvy of the average consumer.  It may be \"\"common knowledge\"\" that most homeowner's insurance doesn't cover floods; but somehow it *still* manages to surprise half the people actually affected by something like Harvey, when they discover that fact.\""}
{"_id": "575074", "title": "", "text": "\"To begin, I'm not sure you understand what COL refers to.  It's what you spend, not what you bring in.  Let's say Bob makes 60k in some midwest town, but spends 30k for living.  If his salary and his cost of living both increase at the same rate, let's say they both double, this means Bob now makes 120k but spends 60k.  He now saves double what he would have before.  That 30k extra saved is 30k extra saved.  His purchasing power has now gone greatly up, especially in respect to housing outside of an expensive area like the valley.  For one, let me clear this up - SF, the city itself, is expensive.  I'm talking more generally about the bay area, and silicon valley as a whole.  Most tech jobs from the big tech companies that we think of as \"\"the bay\"\" are not in SF.  they are in mountain view, Sunnyvale, and that area.  So this might explain some of our disagreements.  Most people who work for large tech companies understand they have a decision to make - live in the city proper, pay a lot more than the greater valley, use transit into work (all of the giants have regular shuttles in), but get to love a more \"\"hip\"\" life, or be more conservative in the valley, where rental prices are on par with NYC.  In talking to a lot of people who work for the big companies, they know this.  Younger folks who want to live the city life pay the premium, but by far and wide they live outside of it, where it is closer to work, and they take the rail up for weekends out with buddies.  I'm still not sure where you are getting a doubling of the COL in the valley versus outside.  Yes, housing as a single item is going to be a person's largest expense.  But all the rest of their expenses are not going to see a similar increase.  It's also important to remember that saving 10% of 60 v 10% of 120 is significantly different.  Lots of people take jobs in the valley, are able to save vastly larger amounts of cash, and then leave.    In my calculations I evaluated the COL markup to be ~30% for the valley for a 200k job.  That is, I spend maybe 50k of my earning on all living expenses in the Midwest (in a downtown, nice area), and would expect I'd pay about 70k for the same standard in the valley.  But I'd be saving a shitton more.  I've done the math, I'm not here to argue with someone who just googled SF cost of living searching for the answers I want.  I've talked to actual people out there.  I appreciate your passion for this, but your 100% increase in COL estimate is simply wrong.  But then again, it depends on how you live and where you live in your current situation.  I live in a large midwest city, actually in the city itself.\""}
{"_id": "575086", "title": "", "text": "My wife took Megabus last weekend to DC from NYC.  Bus was a half hour late and took over 6 hours to get there (should have been around 4).  Flew home for $90 in about an hour - well worth the extra $65."}
{"_id": "575097", "title": "", "text": "\"But for the people that do, and sacrifice it all in order to make a better life for their children, would you then tax them so their children have to start over at nothing again?  Would I personally tax them? Only if I truly wanted a meritocracy. If I wanted a pure meritocracy then yes absolutely. The parent is the one who clawed out of poverty, not the kid. The kid just rode along, he didn't agonize to get out. Why should he enjoy the fruits of someone else without any of the labor? (This is just the argument.) What I personally want would be something a little more 'gray' but it is hard because everyone in a society is going to want a different shade of that gray.   \"\"That sounds like incentivising poverty again, and it doesn't actually fix anything.If unemployment benefits and higher taxes are the problems keeping people in poverty, I don't see how the solution should be to tax more so that we can what... have more benefits programs that incentivise poverty?\"\"  There's a lot to this question so I might not respond to each and every thought here, sorry about that. Sure, some unemployment benefits and higher taxes might de-motivate people to work harder. Why work harder when your labor won't be enjoyed by your offspring? Well you as an individual would still enjoy your labor, and presumably it would be easier to claw one's self out of poverty because economic mobility would have been improved upon. The issue that many are complaining about is that it is becoming more and more common for Americans to die in the same socioeconomic status they were born in, or a lower one. There are higher economic mobility rates in many of these other countries, but why? (Big research topic). Furthermore, I personally think that economic policy needs to adapt to the changes in society and technology. To think policies of the past are appropriate for other times, is an over simplification in my mind.   \"\"It feels good to demonize the \"\"rich\"\" because we all can participate. The homeless can blame the $40k income can blame the $250k income can blame the $1M income can blame the %1. Because they have more stuff than we do. But taking that stuff away doesn't increase the standard of living for anyone, it actually makes it more difficult for everyone.\"\"  Maybe for some people, simply attacking people who have more money is satisfying and they will simply always attack someone who has more. However, my understanding is that extreme inequality is actually a problem that reduces a countries rate of growth. (I am not alone in this) That is, the distribution of wealth has been slowly shifting, why? How are things changing? Why are things become more stratified? Why is economic mobility decreasing? Why is American productivity raising dramatically while wages have been stagnating and not keeping up with how hard they work? The distribution of wealth is simply a data point, an indication of underlying issues. No one I know says that the distribution itself is inherently bad, the question is what that distribution tells us about the structure of a country.\""}
{"_id": "575109", "title": "", "text": "One of the things I found most interesting is while the national average is 7.45 years, Texas fell in the best position at 5.68 years while Hawaii fell in the worst spot at an average of 10.10 years to pay off their debts. What causes such a huge discrepancy within the same country. I realize cost of living can vary drastically even from city to city but we're talking a difference of nearly 4.5 years here."}
{"_id": "575110", "title": "", "text": "I see no reason why not, I just opened a joint account with my partner and all we needed was proof of our address and some valid ID - driving licence/passport plus a utility bill worked for us. Of course if you both already bank with HSBC they will already have this information and your bank card may suffice, if you don't have utility bills for example."}
{"_id": "575112", "title": "", "text": "We take pride in the relationships we\u2019ve forged over many years of working here in Hamilton. Providing top-notch plumbing and gasfitting services has been our livelihood since the mid 80\u2019s and we\u2019ve enjoyed both the challenging and rewarding nature of the work. With satisfied clients all over town, there\u2019s always a reason to turn up to the next job with a smile and a duty to serve."}
{"_id": "575127", "title": "", "text": "In all fairness, I have turned opportunities from their site into my own personal cash machine, so this is quid pro quo to me. It is my personal rolodex that self updates. I perceive value in the site. Where else can I click a few buttons and find out who I know or have connections to at a given company for business purposes? For free? I'm trying to reconcile this with why I don't mind them yet I dislike facebook so much."}
{"_id": "575131", "title": "", "text": "\"Do you think that publishers haven't thought this through pretty carefully already? You can't *easily* make a thousand copies of a dead-tree book and give it to all your friends, or make it available to millions on the internet. (Possible? Sure. But not without a ton of work and hassle.) Publishers rely on customers buying paper books for their personal consumption, and figure that they might loan the book out once or twice - big deal. They still get paid.  Without DRM, publishers would basically be inviting the public at large to steal their e-book product. Marginal costs to copying a \"\"book file\"\" are nothing, unlike in the paper comparison, so everyone would do it if they could. Sure, the DRM is easy to hack, but the vast majority of the public isn't going to do that or know how. Just like for video games - the publishers know some folks will do it, but enough don't that it makes the product profitable. DRM is what creates the whole business model for e-books in the first place.  By the way, Amazon's DRM doesn't lock you into using the Kindle. The official Kindle app for the iPad works just fine, and I read many books with it.\""}
{"_id": "575160", "title": "", "text": "\"&gt;right wing  A big part of the problem is that people continue to distinguish between \"\"right\"\" and \"\"left\"\" when they are the same thing.   &gt;speaking points mix facts in with lies  *All* mainstream political discourse is rife with lies.  &gt;Democratic speaking points are slightly better because  This is you buying into the deception. Slightly better than absolutely terrible is still terrible.  &gt;I suspect they are to some extent pretending to disagree more than actually disagreeing  Your suspicion is accurate. This is a process called \"\"framing\"\", where the two \"\"sides\"\" collaborate to establish the \"\"acceptable boundaries of the discussion\"\". Anyone who doesn't stay within the boundaries are dismissed as \"\"radicals\"\" or \"\"extremists\"\" on \"\"the fringe\"\". You pitch your frame such that the desired outcome falls in the middle, then you look like you've \"\"compromised\"\" when you agree on the same thing the establishment wanted in the first place.   &gt;The fact is, both parties are neoliberal as heck and neither at this point has the country's best interests at heart.  That's because they're the \"\"right\"\" and \"\"left\"\" hands of the establishment. Your hands oppose each other, such that through opposing each other, they can work together to accomplish your goals. The same is true of politics.   And politicians never have \"\"the country's best interests at heart\"\". They have only their interests, and whatever promises they made to the people they depend on to fund their campaigns. Hint - they don't care about your donation. Your money is nothing compared to the big money.  &gt;Its a side effect of the concentration of wealth caused by accelerating technological growth  No, the concentration of wealth has *not* been caused by accelerating technological growth. Technological growth *reduces* concentration of wealth. What has caused concentration of wealth has been government policy that actively takes money from the majority public and gifts it to the wealthy establishment, encompassing both monetary and fiscal policy.   &gt;It will get worse as more and more jobs succumb to automation..  Again you're on the wrong side of this (and the politicians thank you for that). Automation is a *good thing*, automation has *always* resulted in having a wealthier and more productive society. Whenever jobs are automated, it frees people up for new pursuits, and people think of new ways to be useful.\""}
{"_id": "575169", "title": "", "text": "\"I think that the general public is conditioned to think more in terms of points rather than percentages, so that 200 points is easier to fathom than the equivalent percent. We all translate internally what this means. Of course it is less precise, but it also makes for good copy in the publishing industry (\"\"Market Down 1000 points!\"\")\""}
{"_id": "575172", "title": "", "text": "Rent a car in Kuwait Airport at affordable prices from Castle Car Rental. Check out our range of services and offers for a new model car. Get Free services, Free delivery! Full Insurance! Call us at 22055022 to book a car today!"}
{"_id": "575177", "title": "", "text": "UPDATE: reddit\u2019s GM Erik Martin responded to this post, simply stating:  **\u201cYou can\u2019t have democracy if people can rig the ballot box.\u201d**  There are not enough upvotes in the universe for this!  Does Forbes also support buying elections elsewhere?"}
{"_id": "575178", "title": "", "text": "For now it could possibly happen, assuming there are that many people wanting to offload their coins and recent charts are showing that trading volume is pretty damn low right now, even with prices being so high.  I'm going to guess most people with Bitcoin plan to hold onto it for a while.  Considering bitcoin can only be divisible to 8 decimal points (1 bitcoin = 1^8 satoshis), prices will start to skyrocket once supply cedes and (if) demand continues to rise.  Or so it should, if it ever reaches that point.  Most naysayers believe it'll die before it reaches that point."}
{"_id": "575199", "title": "", "text": "[Here](https://www.reddit.com/r/economy/comments/6h8pv4/tax_evaders_exposed_why_the_superrich_are_even/dj31o5v/). The entire notion of taxation not being theft is the idea that the government has a legitimate ownership claim on resources, but the problem with that line of thinking is that it can't get resources without first taxing. That's what I mean by putting the cart before the horse."}
{"_id": "575209", "title": "", "text": "You cannot just cherry pick 1 quarter and say 'corporate profits are up' - I beleive they were up 16 billion in the quarter you referenced. Should I reference 4th quarter 09' when they were down [250.3 Billion] (http://www.bea.gov/newsreleases/national/gdp/2009/gdp109p.htm)  &gt;The cost of labor right now can't support consumption in our economy. That is the simplest of economics.** What you're doing is claiming that businesses will be able to hike up prices without repercussions from consumers.**  I am saying exactly the opposite - there will be repercussions. Corporations would be forced to increase pricing - consumers would obviously take note - nullifying your perceived increase in demand bolstered by their increased wages. ****  I think you are attaching a straw man that I think there is enough demand - there isn't I agree with you - I am stating your solution to that problem (companies reducing profit margin by maintaining selling prices and boosting wages) would not increase demand."}
{"_id": "575210", "title": "", "text": "Yes, Better Place was a massive failure, in Israel (also Japan).  As an Israeli I can tell exactly why: greed, and unreasonable prices and charges (literaly, charges of electricity and money.)  The fact that Tesla is trying the SAME thing is showing you that this is the only way to have an electric car drive for a long distance.  Personally, I think that also Tesla will fail with this battery exchange program.  Only what happened with Standard Oil will work: a government mandated ONE standard for how to refuel a car (i.e. standard size and design of batteries to be exchanged for any Electric car.)"}
{"_id": "575213", "title": "", "text": "You're talking about ESPP? For ESPP it makes sense to utilize the most the company allows, i.e.: in your case - 15% of the paycheck (if you can afford deferring that much, I assume you can). When the stocks are purchased, I would sell them immediately, not hold. This way you have ~10% premium as your income (pretty much guaranteed, unless the stock falls significantly on the very same day), and almost no exposure. This sums up to be a nice 1.5% yearly guaranteed bonus, on top of any other compensation. As to keeping the stocks, this depends on how much you believe in your company and expect the stocks to appreciate. Being employed and dependent on the company with your salary, I'd avoid investing in your company, as you're invested in it deeply as it is."}
{"_id": "575237", "title": "", "text": "Indices such as SP500 are typically including dividends - the payment of dividends doesn't impact the value of the index. Where can I find data on these dividends?  I found data on dividend yields, but these give me access only to the sum of dividends over the last year. This in turn can change either because there are new dividends being paid, or because you stop counting last year's dividends..."}
{"_id": "575241", "title": "", "text": "Part 1 Quite a few [or rather most] countries allow USD account. So there is no conversion.   Just to illustrare; In India its allowed to have a USD account. The funds can be transfered as USD and withdrawn as USD, the interest is in USD. There no conversion at any point in time. Typically the rates for CD on USD account was Central Bank regulated rate of 5%, recently this was deregulated, and some banks offer around 7% interest.   Why is the rate high on USD in India? - There is a trade deficit which means India gets less USD and has to pay More USD to buy stuff [Oil and other essential items]. - The balance is typically borrowed say from IMF or other countries etc. - Allowing Banks to offer high interest rate is one way to attract more USD into the country in short term. [because somepoint in time they may take back the USD out of India] So why isn't everyone jumping and making USD investiments in India? - The Non-Residents who eventually plan to come back have invested in USD in India. - There is a risk of regulation changes, ie if the Central Bank / Country comes up pressure for Forex Reserves, they may make it difficut to take back the USD. IE they may impose charges / taxes or force conversion on such accounts. - The KYC norms make it difficult for Indian Bank to attract US citizens [except Non Resident Indians] - Certain countries would have explicit regulations to prevent Other Nationals from investing in such products as they may lead to volatility [ie all of them suddenly pull out the funds] - There would be no insurance to foreign nationals.   Part 2 The FDIC insurance is not the reason for lower rates. Most countires have similar insurance for Bank deposits for account holdes.   The reason for lower interst rate is all the Goverments [China etc] park the excess funds in US Treasuries because; 1. It is safe 2. It is required for any international purchase 3. It is very liquid.   Now if the US Fed started giving higher interest rates to tresaury bonds say 5%, it essentially paying more to other countries ... so its keeping the interest rates low even at 1% there are enough people [institutions / governemnts] who would keep the money with US Treasury.   So the US Treasury has to make some revenue from the funds kept at it ... it lends at lower interest rates to Bank ... who in turn lend it to borrowers [both corporate and retail].   Now if they can borrow cheaply from Fed, why would they pay more to Individual Retail on CD?, they will pay less; because the lending rates are low as well.   Part 3 Check out the regulations"}
{"_id": "575274", "title": "", "text": "&gt;My iPhone is made with products from Fox con.  Last time I check Fox Con didn't make any products they assembled them.  And Fox Con is improving their treatment of their employees.  &gt;I do not see rival companies (like Samsung) doing the same thing.  Rival companies aren't also under heat to do such a thing like Apple is.  But that doesn't mean they aren't doing this.  As just because they aren't making a PR stunt out of it doesn't mean they aren't doing it.  &gt;I would never say that I live a purely virtuous life.  So don't pretend to be all virtuous then.  Before you jump the gun I am not saying unethical behavior should outright be accepted, but that the world needs some unethical behavior to well operate.  As they say there are necessary evils that need to be done/carried out."}
{"_id": "575276", "title": "", "text": "As average house prices continue to rise, almost 40% of homes in the UK are purchased with cash. Stage 1 \u2013 Finding a property you can afford Stage 2 \u2013 Making an offer Stage 3 \u2013 Organise a solicitor and surveyor Stage 4 \u2013 Finalising the offer and mortgage (in your case, cash with proof of funds, balance due at closing) Stage 5 \u2013 Exchanging contracts Stage 6 \u2013 Completion and final steps You don't need to prove where the money came from but, as you have said that you are a cash buyer, you do need to be able to prove that you have the cash to buy the house. So, assuming you have the money in an account with a bank or building society, you should be able to satisfy your solicitors by showing them a recent bank statement or passbook which clearly shows that you have whatever amount it is in cash."}
{"_id": "575277", "title": "", "text": "&gt; But the more pressing question is: What obligations should be imposed on the Web Trust giants as they embed themselves ever further into our lives? How do we assure ourselves that the \u201cusers\u201d they connect us to are human or that the search results they feed us are based on merit \u2014 not pay for play (or worse, algorithmic racism). &gt;  &gt;  &gt;  &gt; It\u2019s time to consider whether to break up the Google search and advertising functions, or to deny safe harbors that protect the tech platforms if they turn a blind eye to sex trafficking or commercial piracy. We need a new privacy Bill of Rights to demystify the algorithms that track and tag you and shape your on-line experience. &gt;  &gt;  &gt;  &gt; In these partisan times, it speaks to how dangerous The Web Trust has become that both Republicans and Democrats are calling for action and reform. If Congress and the administration want to preserve a truly open internet, they need to become the trustbusters for a new, digital generation.  I guess those parts are not important for you? This article to me was more along the lines of; it's this, or it is that; the authors formatting for this op-ed was a bit wack, creating uncertainty in his assessment.  I'm not worried if you didn't see that though!"}
{"_id": "575279", "title": "", "text": "\"I've been wondering the same thing - I can't find any \"\"official\"\" information from the banks, but there is the following info: So, if it's all with the same bank - try it! The worst that can happen is that the bank won't credit your ISA and will refund you.\""}
{"_id": "575280", "title": "", "text": "Everything you say is true also of private companies, particularly ones that are publicly traded.  As a shareholder, you bet your ass I don't like it when the CEO I've hired is doing stupid shit like this instead of saving the company money and making me more money."}
{"_id": "575287", "title": "", "text": "Recycled toner cartridges spill excess toner all over the insides of printers, causing higher maintenance costs and shorter life spans for other consumable components, such as the fuser. The reason this occurs is that the drum assembly has a conductive coating on it that wears out after the cartridge's service life. Once that coating is weakened or removed, it can no longer keep excess toner from spilling out. I'd say a good 95% of recycled toners are just drill and fill, so the old drum remains unchanged.  Even changing the drum doesn't work all the time. HP uses a special coating on their drums, which isn't replicated when an aftermarket drum is used."}
{"_id": "575300", "title": "", "text": "\"Increasing wages need not increase prices.  Remember a simple phrase:  \"\"Just compensation for services\"\", which is one that fiscal conservatives used to love.  Apply it at all steps of the ladder and see how much flatter the pay \"\"topology\"\" gets.\""}
{"_id": "575309", "title": "", "text": "Get various kinds of Open firewood under one roof, there are different burning characters like birch burns easily and quickly which makes it excellent for soapstone Stove. Other open firewood like oak burns slowly but makes good fireplace wood. All wood is kiln dried to give you perfect heating experience in late winter evenings as well as keeping environment safe and healthy. Get dried firewood in sized blocks to easily stock up at your fireplace."}
{"_id": "575354", "title": "", "text": "The worst part of government induced tuition inflation wasn't even the GI Bill. Although I'm sure that started it a bit. It really took off in the late 1970s / 1980 with the establishment of the Department of Education and the Sallie Mae loan clearing house. There's a massive inflection point in historical inflation adjusted tuition prices right around 1980, when those were established. No coincidence.      Also, you know whats worse than the **government** getting in the housing-price-inflation business? The freaking **central bank** getting in on the housing-price-inflation business.      https://www.federalreserve.gov/monetarypolicy/quarterly-balance-sheet-developments-report.htm      https://www.federalreserve.gov/monetarypolicy/files/quarterly_balance_sheet_developments_report_201708.pdf      The federal reserve holds $4.4 T in total assets. That is the sole source of the entire money supply of the United States Dollar. It does not come from anywhere else. Of course, you get money velocity and money multipliers after that, but this is the origin. Of that $4.4 T, they hold $2.4 T in US Treasury securities. Ok, that's fine. That's the whole point of the federal reserve. They control the money supply through buying / selling (letting mature / redeem) US government securities. But wait, hold up, what the heck happened to the other $2.0 T in assets ... um, where did those go? There are some other assets, but the next largest ... the federal reserve owns $1.7 T in mortgage backed securities.      Holy ... effing ... sheeeeeeeet. What in the actual f*** is the central bank doing buying mortgage backed securities? That absolutely, positively, is **NOT** monetary policy. That shit is fiscal policy, which the federal reserved is **NOT** supposed to be engaging in.      And now you know why housing prices are even more effed up than tuition prices."}
{"_id": "575359", "title": "", "text": "First question:  Any, probably all, of the above. Second question:  The risk is that the currency will become worth less, or even worthless.  Most will resort to the printing press (inflation) which will tank the currency's purchasing power.  A different currency will have the same problem, but possibly less so than yours.  Real estate is a good deal.  So are eggs, if you were to ask a Weimar Germany farmer.  People will always need food and shelter."}
{"_id": "575367", "title": "", "text": "\"now that's just crazy talk. Politicians on capitol hill wouldn't dream about talking about any sort of *tangible* aspects of economy. Focusing on raw goods/commodities production through a campaign? Shit... that's PR suicide in every urban area (which immediately matters based on population numbers). Much easier to either reference your local military benefactors as \"\"job creators\"\" and espouse them if you have them. If you don't, then speak to an idealistic sentiment which entertains any willingness to jump to total warfare at a moment's notice. Once you fall out of favor with the military elite in the rest of the country, you are seen to be managing your community \"\"dangerously irresponsibly\"\" and \"\"frighteningly ignorant of the dangers in the world.\"\" And, obviously, the biggest money is in technology people simply *can't* talk about publicly. It's unwise to ignore those efforts/finances, however.  The only flexible mainstay in the budget is Defense. Healthcare spending is, well, the term *gluttonous* comes to mind. Education? Lol. Right. Just put the kids in debt and go fuck yourself / have a nice day. Oh and don't forget your 306^^th monthly installation of your house payment. The other mainstay of the budget? Pensions. Good luck reforming that with the unions in any direction but toward the sky. Welfare? Welfare reforms generally play out really well in the media, don't they? Can you say, \"\"fuck you, poor people,\"\" any louder?   Defense. Defense is the only malleable entity in the budget but we all know it's easier for the commercial politicians\u00ae to purchase media campaigns and drum up not only a sentiment of war, but conditions for their own interests to secure new business in other countries. Teaching Americans to fear things about the world can be done and it costs about $150m per year in a single direction if you know someone who will take your money (gurgling network executives shitting their pants with good, old-fashioned Incontinence). If anyone was ever serious about turning greater profits from commercialization of military research, they'd improve the goddamned state of education in the country. [What a fucking farce.](http://i.imgur.com/22mZxCr.png)  There should be a plan in place to study the rate of the nominal value of domestic technological innovation, as best as can be perceived, and the spending elsewhere in the budget needs to be correlated to that figure directly. We cannot continue assuming innovation is constant in the United States while restricting education funding so heavily. It is such an embarrassment. And we're imperiling ourselves by finding supplementary, service-based revenue solutions by beating the same dead horse with financial policy. The guys at the Fed are tired. Believe me.\""}
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{"_id": "575404", "title": "", "text": "Wow you really are stupid, aren't you? Treasuries are the debt. Derp da derp, we sell 600b a year in treasuries because we don't have enough $$$ to pay our bills. America doesn't just print money, moron. You buy $100 in treasuries and they give you a voucher, and they can spend $100."}
{"_id": "575408", "title": "", "text": "An option is freely tradable, and all options (of the same kind) are equal. If your position is 0 and you sell 1 option, your new position in that option is -1. If the counterparty to your trade buys or sells more options to close, open, or even reopen their position afterwards, that doesn't matter to your position at all. Of course there's also the issue with American and European Options. European Options expire at their due date, but American Options expire at their due date or at any time before their due date if the holder decides they expire. With American Options, if a holder of an American Option decides to exercise the option, someone who is short the same option will be assigned as the counterparty (this is usually random). Expiry is after market close, so if one of your short American Options expires early, you will need to reopen the position the next day. Keep in mind dividends for slightly increased complexity. American and European Options do not in any way refer to the continents they are traded on, or to the location of the companies. These terms simply describe the expiry rules."}
{"_id": "575417", "title": "", "text": "\"It appears as others have said that companies are not required to state this on as any sort of Asset. I remembered a friend of mine is a lawyer specializing in Intellectual Property Rights so asked him and confirmed that there's no document companies are required to file which states all patent holdings as assets. There are two ways he suggested for finding out. Once you find a company you're interested in can search patents by company using one of the two following: US Patent Office website's advanced search: http://patft.uspto.gov/netahtml/PTO/search-adv.htm aanm/company for example entering into the textarea, \"\"aanm/google\"\" without the quotation marks will find patents by Google. The other is a Google Patent Search: http://www.google.com/patents/\""}
{"_id": "575421", "title": "", "text": "I would consult a tax professional for specific help.  On my own research, I believe that you could.  I know that when I made payments when I was in school for my undergraduate, I made payments on the interest.  I believe that I was even told by my financial aid office that I could deduct the interest that I paid.  I made not much money so I wasn't anywhere close to the MAGI >75k, but I believe you still could.   Not only that but one other thing to consider is that if you have an unsubisidized loan, the interest still accrues when you are in school.  In that case, it might be better to make at least some payments.  It would save you from the total loan amount ballooning so much while you are in school."}
{"_id": "575430", "title": "", "text": "&gt;[**\u0421\u0443\u043f\u0435\u0440 \u041c\u0435\u0433\u0430 \u043a\u0440\u0430\u043d \u0411\u0438\u0442\u043a\u043e\u0438\u043d\u0430!\u0414\u043e 500 \u0441\u0430\u0442\u043e\u0448\u0435\u0439 \u043d\u0430 19 \u043c\u0438\u043d\u0443\u0442! \u0421\u043f\u0435\u0448\u0438 !!! \u0422\u043e\u043f \u0441\u0430\u0439\u0442 \u043f\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0443 \u0431\u0435\u0437 \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u0439 [1:35]**](http://youtu.be/ymGO7wcf3os)  &gt;&gt;\u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0430\u0445:  &gt; [*^\u0412\u0435\u043a\u0442\u043e\u0440 ^\u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^2 ^views ^since ^Jun ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "575435", "title": "", "text": "The target date investment will automatically reduce equity exposure and increase bond exposure as it approaches retirement date.  If you are unlikely to make adjustments as you get older, you may be setting yourself up for more risk down the road.  Only you can decide what level of risk you can tolerate as you chase higher gains."}
{"_id": "575441", "title": "", "text": "Duke's business plan is to buy regulated utilities, cut costs, and hire lobbyists and lawyers to find all possible loopholes and avenues for raising rates and outsmarting the regulators. A non-regulated business doesn't fit that model. That's probably why they're selling."}
{"_id": "575442", "title": "", "text": "&gt; Prove it, name an example country that is now a devastated wasteland for providing decent wages alone.  He can't. In fact, most European nations mandate a much higher minimum wage than what is being proposed in the United States; and do so while maintaining a higher standard of living for the average citizen. The argument to depress wages is nothing but right-wing propaganda, enthusiastically supported by employers."}
{"_id": "575454", "title": "", "text": "I own a non-union company in the construction industry and my employees are harassed weekly... At home, by phone, on jobs, all the time. They keep raising pay rates (around $75/hr + $30/hr in benefits now) but no one is working because clients are balking at the union prices. We pay well, give good benefits and are really low pressure. In the last 7 years we have not had a single employee switch over... I think that makes the union more annoyed than anything."}
{"_id": "575457", "title": "", "text": "It did none of that.  My mom was dropped by her doctor and it was hard to find a new doctor who was willing to take Medicare patients at the reduced rates.  The idea that Obama suddenly found $500 billion in painless cuts when nobody could before is propaganda."}
{"_id": "575469", "title": "", "text": "\"&gt; the creation was such a black box, not even the creators fully understood.  Such a load of shit. They completely understand, this is just a nice fall back if something goes wrong they can say \"\"it's a black box!\"\"  I've made these Lin reg models before for fraud analytics and it's not black box.\""}
{"_id": "575476", "title": "", "text": "That's a civil suit. The family is claiming that the app distracts drivers and that Uber should give them some money. I think it's a bit ridiculous, considering the Uber driver wasn't on a fare and thus is no different than any other driver."}
{"_id": "575481", "title": "", "text": "I don't expect you to remember the area for the surface of a sphere; I do expect you to be able to take a derivative of a volume. Especially if you are a PhD. Believe it or not, it IS faster than looking it up on the internet. And abilities to do quick back of the napkin estimations are very handy in my field (CS).  Also, I noticed that meetings with people who are in command of basic facts are usually faster and more productive than with people who are constantly looking things up on the internet."}
{"_id": "575484", "title": "", "text": "Sewing Machines Australia offers a variety of industrial sewing machine thread for every model and purpose. When you need a thread for applications exposed to marine conditions, choose from our Dabond range, which features durable, reasonably priced bonded polyester thread. For your specific requirements outside our available product-range, feel free to get in touch with us over phone or email."}
{"_id": "575495", "title": "", "text": "Money, like anything else, is subject to the demands of people.  There are times when money is in high demand.  This drives up its value. People in Japan want cash because they have an immediate need to buy emergency supplies as well as rebuild and replace damaged items.  This is why the yen strengthened.  This is probably why the market plummeted as people liquidated some of their stocks to get cash. The Bank Of Japan (BOJ) will not stand for a rising yen, however.  It is pulling a Bernanke and printing yen in an effort to keep it weak."}
{"_id": "575497", "title": "", "text": "Actually, I think the survey was conducted in the city. So the point is that those who live outside the city, in country side perhaps, earn a salary lower than $1.1K. Let's say they don't spend much on transportation, then maybe their minimum wage is just equal to those who work in the city. Those who drives to the city from outside, whether they don't have a car or not, spends more money for transpo."}
{"_id": "575507", "title": "", "text": "Nancy Sharp who is the author of the book \u2018Both Sides Now: A True Story Of Love, Loss And Bold Living\u2019 shares her life experience on various forums will amaze you. Her heart touching work goes beyond her books through inspiring people to tackle their stress and take life towards positive change."}
{"_id": "575509", "title": "", "text": "\"There's actually a lot of smaller questions in your question, so I'll answer just a few here. The standard bond index for high yield corporates is the Barclays Capital High Yield Corporate index, which is the basis for JNK.  I am not familiar with the index behind HYG, the \"\"iBoxx $ Liquid High Yield index.\"\" The ETFs are managed quantitatively to try to track the index as closely as possible.  AFAIK these ETFs do not attempt to take active positions. New issues are typically purchased with cash which is constantly coming in from interest and principal payments from other bonds.  There is rarely a need to sell bonds just to buy new issues.  Selling bonds is more common when a fund is experiencing redemptions. These ETFs and the high yield bonds they buy are not derivatives (your question seems to be confused on that point). The US Treasury is not directly involved in any way.  They are indirectly involved, as they are indirectly involved in US equities markets or world markets for that matter, although perhaps they have greater influence in the bond world. Moody's has extensive studies of default rates by ratings.\""}
{"_id": "575524", "title": "", "text": "Given the following variables Where b[n + 1] = b[n] (1 + r) - w and b[0] = s then b[n] = ((1 + r)^n (r s - w) + w)/r For example, illustrating with some figures. The balances in the first four quarters (n = 1, 2, 3, 4) are Check As per the Excel formula provided by OneTruDragonGirl \u00a3670.27"}
{"_id": "575527", "title": "", "text": "\"Most well-off people have investments which they have held for long periods of time, often of very substantial value such as a large part of a company.  They also have influence on legislators and officials through various social contacts, lobbyists, and contributions.  They managed to convince these law makers to offer a lower tax on income derived from sales of such investments.  The fig leaf covering this arrangement is that it \"\"contributes to the growth of economy by encouraging long-term investment in new enterprises.\"\"\""}
{"_id": "575530", "title": "", "text": "\"And with 18 $millions of \"\"compensation\"\" for all the hard work they have done for Equifax and its customers (actually milking money for data about customers.)  It seems that Equifax will have to file for bankruptcy.   Lastly, please don't bother him about the lawsuits against Equifax while he's retired - he should not be held responsible.\""}
{"_id": "575550", "title": "", "text": "FACE dropped its 10Q on 3/31/12  They reduced their total liabilities by 16%, reduced their accounts payable by 30%, looks like they eliminated their ST Debt, and increased their equity by 6%.  I'm not saying that they had a great quarter, but the numbers don't look to shabby. I don;t think you can accurately attribute the increase in their stock valuation to FB's IPO."}
{"_id": "575552", "title": "", "text": "\"So you are in IT, that is great news because you can earn a fabulous income.  The part time is not great, but you can use this to your advantage.  You can get another job or three to boost your income in the short term.  In the long term  you should be able to find a better paying job fairly easily.   There is one way to never deal with creditors again:  never borrow money again.  Its pretty damn simple and from the suggestions of your post you don't seem to be very good at handling credit.  This would make you fairly normal.  78% of  US households don't have $1000 saved.  How are they going to handle a brake job/broken dryer/emergency room visit?  Those things happen. Cut your lifestyle to nothing, earn money and save it.  Say you have 2000 saved up.  Then a creditor calls saying you owe 5K.  Tell me you are willing to settle for the 2K you have saved.  If they don't, hang up.  If they are willing getting it writing and pay by a method that insulates you from further charges.   Boom one out of the way and keep going.  You will be 1099'd for some income, but it is a easy way to \"\"earn\"\" extra money.   This will all work if you commit yourself to never again borrowing money.\""}
{"_id": "575553", "title": "", "text": "\"... so you don't want to know about a gas leak in a building if that leak hasn't caused the building to explode for the last 6 years?   And when he is talking \"\"explosion\"\" he's not talking the once every 10 year recession.  He's talking 1929, 1937, 1945 ... and specifically says bigger than, say, 1974 or 2008.  Where are you getting the \"\"10 year\"\" crap?  Seriously ... is that what you're saying?  Or are you saying that you just don't believe there is a gas leak?  I'm addressing the former.  The \"\"ignition source\"\" will probably not be within the US (unless long term bond yields increase substantially).  The \"\"ignition source\"\" will be from a recession in China or from Japanese yields increasing (from \"\"currency risk\"\" or \"\"default risk\"\")  -- the Japanese crisis has been 20 years in the making ( http://www.telegraph.co.uk/business/2016/04/11/olivier-blanchard-eyes-ugly-end-game-for-japan-on-debt-spiral/  ).  However, with the current Debt/GDP of Japan and the structure of Chinese total debt (govt + corporate + personal) ... and the recognition that these are the top two GDP's in the world ... the dangers for the world are undeniably larger than ever.\""}
{"_id": "575554", "title": "", "text": "Selling stock means selling a portion of ownership in your company.  Any time you issue stock, you give up some control, unless you're issuing non-voting stock, and even non-voting stock owns a portion of the company. Thus, issuing (voting) shares means either the current shareholders reduce their proportion of owernship, or the company reissues stock it held back from a previous offering (in which case it no longer has that stock available to issue and thus has less ability to raise funds in the future).  From Investopedia, for exmaple: Secondary offerings in which new shares are underwritten and sold dilute the ownership position of stockholders who own shares that were issued in the IPO. Of course, sometimes a secondary offering is more akin to Mark Zuckerberg selling some shares of Facebook to allow him to diversify his holdings - the original owner(s) sell a portion of their holdings off.  That does not dilute the ownership stake of others, but does reduce their share of course. You also give up some rights to dividends etc., even if you issue non-voting stock; of course that is factored into the price presumably (either the actual dividend or the prospect of eventually getting a dividend).  And hopefully more growth leads to more dividends, though that's only true if the company can actually make good use of the incoming funds. That last part is somewhat important.  A company that has a good use for new funds should raise more funds, because it will turn those $100 to $150 or $200 for everyone, including the current owners.  But a company that doesn't have a particular use for more money would be wasting those funds, and probably not earning back that full value for everyone. The impact on stock price of course is also a major factor and not one to discount; even a company issuing non-voting stock has a fiduciary responsibility to act in the interest of those non-voting shareholders, and so should not excessively dilute their value."}
{"_id": "575576", "title": "", "text": "\"&gt;If you're in a VP+/Director position, you don't get blindsided by this shit no matter what which division you're responsible for ...  \"\"Blindsided\"\" is very different from \"\"responsible for.\"\"   The Director of HR might know that the CEO is tanking the company, but have no means by which to repair or stop the damage.  You're just making an empty connection to justify your overly broad, \"\"tough guy\"\" fantasy.  &gt;Okay, let 'em quit. Any stock options they have / other benefits get cashed out and applied to outstanding debts accrued under them before any payout reaches them.   1) Many of those benefits may have already vested, or otherwise vest when you constructively terminate them by withholding their salary.  What that means is that they no longer belong to the company, and can't just be seized to play God with. The equivalent would be your employer reaching into your 401k and clawing back vested matching.  2) You're still just engaging in tough-guy fantasy, and ignoring the problem of a rudderless, headless company.  Beating you chest and roaring won't stop the employees from being fucked over even harder when inventory stops showing up in the warehouse.\""}
{"_id": "575605", "title": "", "text": "I'm a firm believer that this is most likely all part of the plan. Destroy the heath care system by jockeying back a forth useless legislative crap, until the public is basically begging for a single payer system to simply make some shred of easily digestible options for the public. And next will be our retirement plans."}
{"_id": "575627", "title": "", "text": "Whoever told you to make major purchases in physical cash should probably be audited because the only real reason someone would be doing something so goofy would be to avoid digital records or maybe taxes somehow.  ... or worse, they listen to Dave Ramsey."}
{"_id": "575636", "title": "", "text": "I have inherited property worth close to 1 million US Dollars. 1 Million USD is a large amount considering Bangladesh. Around 80 Million Taka; making someone with this amount amongst the high net worth individual. Check if this is not a scam as indicated in comments.  What is the proper procedure for him to send me the money to US? As per Bangladesh Foreign Exchange Regulation Act; there are limitations to transfer of funds outside of Bangladesh. Read the detail guideline, section 11 Private Remittance is relevant. However your specific case is not detailed. A professional help is advised as there would be paperwork required. What are our legal and tax obligations? Tax obligations in US, as indicated by Michael in his answer."}
{"_id": "575649", "title": "", "text": "\"Assumption - you live in a country like Australia, which has \"\"recourse\"\" mortgages. If you buy the apartment and take out a mortgage, the bank doesn't care too much if your apartment gets built or not. If the construction fails, you still owe the bank the money.\""}
{"_id": "575662", "title": "", "text": "\"I can sell a PUT on it a bit out of the money, and I seemingly \"\"win\"\" either way: i.e. make money on selling the PUT, and either I get to pick up the stock cheaper if XYZ goes down, or the PUT expires worthless. In 2008, I see a bank stock (pick one) trading at $100. I buy that put from you, a $90 strike, and pay you $5 for the option. The bank blew up, and trades for a dollar. I then buy the $1 share and sell it to you for $90. You made $500 on the sale of the put, but lost $8900 when it went bad. You don't win either way, there is a chart you can construct (or a table) showing your profit or loss for every price of the underlying stock. When selling a put, you need to know what happens if the stock goes to zero since the odds of such an occurrence is non-trivial.  A LEAP is already an option. With the new coding scheme for options, I'm not sure there's really any distinction between a LEAP and standard option, the LEAP just starts with a long-till-expiration time. There are no options on LEAPS that I am aware of, as they are options already.\""}
{"_id": "575669", "title": "", "text": "They are still finding more because they are looking harder - compared to other banks or credit unions there is currently way more external and internal scrutiny at WFC.   And yes, my focus is on a faulty incentive system because you don't get such widespread mishaps when things are designed properly. It looks like somewhere in the command chain the supervisors responsible for oversight were also getting rewarded for failing in that duty and the people above them didn't have the ability to properly audit their behavior.   That said, when I picked which of my bank accounts to close I chose WFC. I did so partially because I don't fully understand what the fallout will be from this scandal and that part bothers me more than what I've learned about it so far, but mostly because I was using it the least."}
{"_id": "575670", "title": "", "text": "Training \u200band Learning are \u0441ru\u0441i\u0430l f\u043er \u200bthe growth and \u0455u\u0441\u0441\u0435\u0455\u0455 of \u0430ll \u200borganizations - big \u043er \u0455m\u0430ll \u200band \u0430\u0441r\u043e\u0455\u0455 different industries. A \u200bLearning Management System \u200bstreamlines learning and is put in \u0440l\u0430\u0441\u0435 t\u043e m\u0430n\u0430g\u0435 the \u0435ntir\u0435 tr\u0430ining \u0440r\u043e\u0441\u0435\u0455\u0455 in an \u200borganization. Modern Learning Management Systems \u200band e-learning \u200bsoftware do that and m\u043er\u0435. Visit us online here: https://nowsoft.org/"}
{"_id": "575674", "title": "", "text": "Late night comedy is in there, but not much.  I read articles on the internet.  My investigation has never been on what Trump says he will do.  It has been on what everyone has done or is doing.  I\u2019m not a rabid Trump hater or supporter, and I\u2019m not a politician, so I\u2019ve felt no compulsion to memorize Trump\u2019s agenda.  What I do feel a compulsion for is vetting information and gettingbpeople to work together to create a nation where EVERYONE wins."}
{"_id": "575677", "title": "", "text": "We have been the primary method for money related riches show in numerous social orders and societies. The greater part of these societies have, sooner or later, had a routine of keeping a lot of riches put away as jewelry. There are  available in  different  style  so comfortable  these  necklace  diffuser which design in stainless  steel. The Izzy  Bell Boutique  has been designed by us  for unmatched beautiful design. These  diffuser necklaces  are  Eco-friendly pads  that  hold  you scents for  days. We  help  to the customer  to look and feel  your  best  after wearing these  diffuser  necklaces."}
{"_id": "575680", "title": "", "text": "Yeah sure they would add up to trillions but a very small percentage of it would go towards the important issues. So even if they did force them to pay it up you would not notice a difference. So until something gets done about the way the government spends it's money the big corporations might as well keep it and partially use it to research new technology in the industry or to advance their company because giving that extra money to the government is like burning money."}
{"_id": "575713", "title": "", "text": "@ Daniel Anderson shared interesting insights. In my research I learned a few things Some interesting data on fraud trends  AFP Payments Fraud and Control Survey 2016 As a consumer, at the very least I'd improve awareness of I'd also learn about basic types of fraud And for the techies out there, I'd recommend learning about layered security (There's no way the customer service is going to talk about this)"}
{"_id": "575729", "title": "", "text": "If your refunds are subject to seizure because of certain debt arrears, it makes sense to let the IRS hold onto them until next year."}
{"_id": "575741", "title": "", "text": "\"You were probably not given stock, but stock options.  Those options have a strike price and you can do some more research on them if needed.  Lets assume that you were given 5K shares at a strike of 20, and they vest 20% per year.  Assume the same thing in your second year and you are going to leave in year three. You would have 2K shares from your year 1 grant, and 1K shares from your year 2 grant, so 2K total. If you leave no more shares would be vested. If you leave you have one of two options: To complicate matters subsequent grants may have different strike prices, so perhaps year two grant is at $22 per share.  However, in pre-public companies that is not likely the case. For a bit of history, I worked at a pre-ipo company and we were all going to get rich.  I was given generous grants, but decided to leave.  I really wanted to buy my options but simply didn't have the money.  Shortly after I left the company folded, so the money would have been thrown away anyway.  When a company is private the motivate their employees with tales of riches, but they are not required to disclose financial data.  This company did a very good job of convincing employees that all was fine, when it wasn't. Also I received options in a publicly traded company.  Myself and other employees received options that were \"\"underwater\"\" or worth far less than the strike price.  You could let them expire so one did not owe money, but they were worthless. Hopefully that answers your question.\""}
{"_id": "575750", "title": "", "text": "\"I was involved with them a couple years back. It seemed like a utopia but I couldn't seem to get it off the ground. I just recently found some disturbing info on the top tier of leaders that kindve let me breath a sigh of relief that I am no longer involved. Although I wouldn't straight up tell you no. I would ask that you really use some due diligence and make a very informed decision. Look up Amthrax in Google and jist browse there. Quite a few people that were \"\"successful\"\" had defected and don't have very good things to say. So it's not shallow criticism they're dishing out. Quite a few of them were high enough up the ladder that I had even seen them do open meetings and seminars.\""}
{"_id": "575787", "title": "", "text": "Here are some typical differences between savings and checking accounts: Depending on your banks offerings and your personal goals, you would have to decide which factors matter to you. It's certainly possible that you may conclude there is no difference in your case."}
{"_id": "575794", "title": "", "text": "\"You can move most or all of those financial products into a single account at one institution, but I wouldn't go with a \"\"mutual fund account\"\" like Vanguard. The big online brokerages should offer: Consolidating everything into one statement can vastly simplify your record keeping. With a balance of $250k, you should be able to get a paper statement without a fee. Depending on where the accounts are currently held (e.g. if the stocks are at a full-service broker), you may also be able to save on fees.\""}
{"_id": "575833", "title": "", "text": "All money distributed from a Traditional IRA to which no nondeductible contributions have been made is taxed as ordinary income. It does not matter if you think of the money as the original contribution or gains; the taxation is the same.  Money distributed from a Roth IRA is tax-free.  In either case, penalties apply if the distribution is premature."}
{"_id": "575834", "title": "", "text": "\"Suppose you have a bar of gold and are hungry. I buy the gold from you for cash, which you then use to buy food, clothes and generally support yourself.  Would it be fair to say that I paid for your food, clothes etc? I don't think so - I think *you* paid for them, in gold. I facilitated the exchange of gold into money, and without me or someone like me around to provide liquidity for your gold, you'd still be hungry. But fundamentally, it was the gold that was valuable.  Now, suppose there is a lack of liquidity in gold - there's a shortage of gold buyers. I take advantage of this distortion to offer to buy your gold for half its free market value. You don't want to accept this deal, but since your only alternative is starvation, you accept.  I say this is wrong, not because of socialism, but because of capitalism. The efficiency of capitalism arises from the price system of value. Goods and services command a fair market price, and buyers and sellers have access to both liquidity and good information about the relative value of things. When distortions are allowed to interfere with free market pricing - as inevitably happens under lassiez-faire capitalism - this efficiency is lost. Good government regulation is necessary to keep markets free and efficient, and this is good for everyone.  So what does this have to do with David Siegel?  First, nothing in my example above changes when you substitute \"\"labor\"\" for \"\"gold.\"\" If I am hungry but I have a skill, and I sell you some of my labor for cash, then use the cash to buy food, *you did not give me the food*. You did not \"\"pay for my food,\"\" you did not \"\"make it possible for me to get food,\"\" or anything of the sort. *I paid for it myself*, by trading labor for cash in exactly the same way that you could trade gold for cash.  Second, the price system of value allows you to earn a \"\"normal profit,\"\" which means sufficient profit for resources to remain within an industry. But \"\"excess profit\"\" harms market efficiency and thus the price system. This is pure capitalist theory, straight from Adam Smith; it is nothing to do with socialism or communism. It is quite clear that David Siegel is taking excess profit. This is no different from the sort of profiteering I described when there's only one gold dealer in town. It is parasitic behavior according to *capitalist* theory.  And finally, David Siegel is the guy who invented high-pressure selling of timeshares by inviting familes to a \"\"free\"\" vacation, trapping them in a room, and basically holding them hostage until they sign on the dotted line. His business is near-criminal. You can argue that drug kingpins also create thousands of jobs - that doesn't make them good people, or their actions beneficial to society. I already thought David Siegel was a parasite on society before I ever heard of his opinion on Obama. And quite frankly, I'm shocked and appalled that people are actually defending him.\""}
{"_id": "575844", "title": "", "text": "No. As a rule, the dividends you see in the distribution table are what you'll receive before paying any taxes. Tax rates differ between qualified and unqualified/ordinary dividends, so the distribution can't include taxes because tax rates may differ between investors. In my case I hold it in an Israeli account but the tax treaty between our countries still specifies 25% withheld tax This is another example of why tax rates differ between investors. If I hold SPY too, my tax rate will be very different because I don't hold it in an account like yours, so the listed dividend couldn't include taxes."}
{"_id": "575869", "title": "", "text": "\"Basically, you either borrow money, or get other people to invest in your business by buying stock or something analogous.  Sometimes you can get people to \"\"park\"\" money with you. For example, many people deposit money in a bank checking account. They don't get any interest or other profit from this, they just do it because the bank is a convenient place to store their money. The bank then loans some percentage of this money out and keeps the interest. I don't doubt that people have come up with more clever ways to use other people's money. Borrowing money for an investment or business venture is risky because if you lose money, you may be unable to pay it back. On the other hand, investors expect a share of the profit, not just a fixed interest rate.\""}
{"_id": "575870", "title": "", "text": "\"This highly editorialized headline makes no sense and suggests that the OP did not read and/or understand the article at all.  &gt;*\"\"The decision is probably driven by Qatar\u2019s worries over losing market share to emerging competitors like the United States, whose shale gas industry has been growing fast, and Australia. An increase in the emirate\u2019s exports could discourage investment by would-be rivals.\"\"*  How does anything in this piece suggest a quid pro quo deal when on the surface, the strategy is meant only to harm global LNG prices and therefore US producers?\""}
{"_id": "575875", "title": "", "text": "No, unvested money returns to the employer, its not yours. They should send you W2 which will only show the actual (vested) monies you got."}
{"_id": "575876", "title": "", "text": "Market rate of return averages about 8% annually (sometimes more, sometimes less or negative). To get 30k monthly -- even taking that as pretax -- you're talking about 360k yearly. Divide that by 0.08 and you need to have savings of 4.5 million--- and really you should double that for safety..  Tl;dr: forget it. Added thought: If you really have $20k/month coming in, you really have no business asking the Internet for advice. Hire a professional financial advisor (not a broker, someone who is paid a flat fee for their expertise and has no incentives to give you less-than-optimal advice). . The money they will save/make for you will more than pay for their hire."}
{"_id": "575899", "title": "", "text": "Found a great article (with bibliography) that covers taxation on investment activity by non resident aliens - even covers the special 15% tax on dividends for Canadian residents. It's (dividend tax rate) generally 30% for other NRAs  (your 2nd question). And it confirmed my suspicion that there are no capital gains taxes for NRAs. (1st Q) Source: http://invest-faq.com/articles/tax-non-us-nat.html"}
{"_id": "575900", "title": "", "text": "For those interested, here is what I have managed to find fo far:  [Communist Robot](http://www.communistrobot.com/index.php?page=&amp;nav=1&amp;article=1)  [Robotic Nation](http://marshallbrain.com/robotic-nation.htm)  [Robots are taking mid-level jobs, changing the economy](http://www.computerworld.com/s/article/9221334/Robots_are_taking_mid_level_jobs_changing_the_economy)  [Agricultural Robots \u2013 Applications and  Economic Perspectives](http://cdn.intechopen.com/pdfs/5324/InTech-Agricultural_robots_151_applications_and_economic_perspectives.pdf) (PDF documant).  [Economists Grapple With the First Stage of the Robot Revolution](http://www.economonitor.com/blog/2010/09/economists-grapple-with-the-first-stage-of-the-robot-revolution/) (with many external links to relevant articles).   And one last thought for Gigolo Joe and Gigolo Jane in AI:  [How would robotic prostitutes change the sex tourism industry?](http://io9.com/5902113/how-would-robotic-prostitutes-change-the-sex-tourism-industry)  (Edited for additions)."}
{"_id": "575918", "title": "", "text": "Is there any truth to this, or is this another niche scam that's been brewing the last few years? While it may not be an outright scam, such schemes do tend to be on borderline of scams. Technically most of what is being said claimed can be true, however in reality such windfall gains never happen to the investors. Whatever gains are there will be cornered by the growers, trades, other entities in supply chain leaving very little to the investors.  It is best to stay away from such investments."}
{"_id": "575920", "title": "", "text": "\"He doesn't care about his employees, he cares about keeping his salary high enough to pay off the house he couldn't afford. Which would be bad enough but then he had the audacity to add  &gt;\"\"people like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for.\"\"  I don't have the words to express how much of a douchebag this guy his. He deserves to have his nuts kicked in.\""}
{"_id": "575924", "title": "", "text": "I don't even know what you're arguing at this point.  We have this collective, our nation.  We need to fund it somehow to sustain it.  We do that with taxes.  If someone doesn't want to be part of the collective they can always move away and renounce their citizenship."}
{"_id": "575929", "title": "", "text": "Deposit $3,500 each month in a brokerage account and invest that money across a handful of diversified index funds. Rebalance those investments every quarter. The hard part is coming up with $3,500 each month; this is where your budget comes in."}
{"_id": "575933", "title": "", "text": "You can buy from any of the well known jewelry shops. Or you can even buy it from banks. For a 24carat gold purchase, you would normally also get a certificate attesting the quality of the gold item. Also while selling your gold, you can sell to above mentioned jewellers or any decent jeweller as a matter of fact."}
{"_id": "575953", "title": "", "text": "I read the \u201cad\u201d they had.  I\u2019m afraid EVERY economic system and our market style are all fantasy methods that don\u2019t conform to reality.  Hence our current breakdown and division among classes.  So that is a poor argument.  The better idea is to figure out what WOULD work, would quell the Real Issues each side observed, and would leave us all stronger in the end.  It is BERY easy to criticize anything you disagree with.  It is much more difficult to come up with a solution.  So let\u2019s come up with a solution.  You state your grievances with the system, I\u2019ll then state mine, and we can see if we can find a solution that will handle all the issues brought up."}
{"_id": "575967", "title": "", "text": "&gt; current mayor, Bill de Blasio, has committed to the creation of 30,000 supportive units over the next 10 years  so, almost 60,000 need shelter and the mayor plans for HALF that number over TEN YEARS.  yup, you can count on government to protect the weak"}
{"_id": "575973", "title": "", "text": "Actually, SS the young pay for the old, hoping the our populations increased indefinitely. It is, for all purposed, EXACTLY the definition of a Ponzi.  http://en.wikipedia.org/wiki/Ponzi_scheme  You just have to be a tad more intelligent to realize its the same with the Fed."}
{"_id": "575976", "title": "", "text": "Great reply. This is one of reasons why I like this subreddit.  I thought that fed interest are far more important that you state. Rate is low + economy is booming (lender thinks there is good chance of repayment), banks loan money much more willingly (reserves are covered by cheap fed loans -&gt; greater profit). That should significantly affect money supply."}
{"_id": "576001", "title": "", "text": "\"Advice from a long-time flipper You negotiate price based on four factors and none of these are set in stone: How much you love the house.  Is this house a 100 out of 100 for you or a 85 or a 75.  How much have you compromised. What is the likelihood that you will find a house that will make you just as happy or at least close.  You might have a house that is a 95 out of 100 but there are five other houses that you rated between 93-95.   What is your timeframe.  Know that playing hardball takes longer and can knock you out of the game sometimes and takes a little while to find a new game. What is the relative housing market.  Zillow and other such sites are crap.  Yes the give you a generalized feel for a community but their estimates are off sometimes by 30-40%.  Other factors like street/noise/updates to house/ and so on are huge factors.  You will have to really navigate the area and look for very comparable houses that have recently sold.  Then use average housing movements to extrapolate your future houses cost. As a buyer you have two jobs.  Buy the house you want and manage your agent.  Your agent wants you to buy a house as soon as possible and to increase their reputation.  Those are their only two factors of working.   By you offering closer to the asking price they are able to get their sales as quick as possible.  Also other agents will love working with them.  In fact your agent is selling you on the home and the price.  Agents hardly worry about you paying too much - as most buyers oversell the deal they get on their home.  Admitting that you paid too much for your house is more of an admission of ignorance of yourself, compared to agent incompetency. If you decide to low-ball the owner, your agent spends more time with you and possibly reduces their reputation with the selling agent.  So it is common for agents to tell you that you should not offer a low price as you will insult the owner. My advice.  Unless the home is truly one of a kind for the market offering anything within 20% of the asking price is DEFINITELY within range.  I have offered 40% less.  If a house is asking too much and has been on the market for 8 months there is no way I am going in with an offer of even 15% lower.  That leaves you no room.   What you do? First think about how much you think this house could sell for in the next 3 months.  In your example let's say 80K based on conservative comps.  Then take the most you would actually pay for it.  Let's say 75K.  70K is about as high of an opening offer I would go.   Do NOT tell your agent your true breaking points.  If you tell your agent that you would go to 75K on the house.  Then that is what their negotiations will start at.  Remember they want the sale to happen as soon as possible.  Very likely the other agent - especially if they know each other - will ask if how flexible you are going to be.  Then next thing you know your agent calls you back and says would you be willing to go 77K or the owner is firm at 80K. Do not give up your position.  You should never forecast to your agent what your next bid or offer would be for the house.  Never get into scenarios or future counters.   So you offer 70K.  If your agent asks you how firm that is?  \"\"Very firm\"\".  If your agent doesn't want to take the offer to them, \"\"Thank you for being my agent, but I am going to be working with someone that represents what I want.\"\"   If the owner says \"\"You are done too me cheapskate.\"\"  Well that's how it goes.  If the owner stays firm at asking or lowers - then you can come up if you feel comfortable doing so.  But understand what your goal is.  Is it to get a house or to get a good deal on a house?  Mine was always to get a good deal on a house.  So I might offer 72K next.  If they didn't budge, I am out.  If they moved down I went from there.   Easy Summary The fact is if they aren't willing to negotiate with you enough it always ends the same.  You give them your take-it-or-leave-it offer.  You tell your agent that if he/she comes back with one penny over it comes from their commission (god I have said this 100 times in my life and it is the best negotiation tactic you have with your agent).  The owner says yes or no and it is over.\""}
{"_id": "576004", "title": "", "text": "Pay down cc debt asap, take your time on your student debt, it's low and you can write the interest off related to it. If your a teacher maybe you can get it forgiven.   But you borrowed from your future self when you younger so ya you gotta start living reasonable."}
{"_id": "576008", "title": "", "text": "Buying the right shares gives higher return. Buying the wrong ones gives worse return, possibly negative. The usual recommendation, even if you have a pro advising you, is to diversify most of your investments to reduce the risk, even though that may reduce the possible gain. A mutual fund is diversification-in-a-can. It requires little to no active maintenance. Yes, you pay a management fee, but you aren't paying per-transaction fees every time you adjust your holdings, and the management costs can be quite reasonable if you pick the right funds; minimal in the case of computer-managed (index) funds. If you actively enjoy playing with stocks and bonds and are willing/able to accept your failures and less-than-great choices as part of the game, and if you can convince yourself that you will do better this way, go for it. For those of us who just want to deposit out money, watch it grow, and maybe rebalance once a year if that, index funds are a perfectly good choice. I spend at least 8 hours a day working for my money; the rest of the time, I want my money to work for me.  Risk and reward tend to be proportional to each other; when they aren't, market prices tend to move to correct that. You need to decide how much risk you're comfortable with, and how much time and effort and money you're willing to spend managing that risk. Personally, I am perfectly happy with the better-than-market-rate-of-return I'm getting, and I don't have any conviction that I could do better if I was more involved. Your milage will vary. If folks didn't disagree, there wouldn't be a market."}
{"_id": "576025", "title": "", "text": "Cheaper and faster are usually mutually exclusive. If you want faster, nothing is faster than cash.  I would recommend using an ATM to withdraw cash from your USD account as Florints and then use as appropriate. If you want cheaper, then the cheapest currency conversion commonly available is foreign exchange / transfer services like OFX / XE Trade / Transferwise.  Turn around time on these can be as little as a business day or two but more commonly takes a few business days, but they typically offer the best currency exchange rates at the lowest cost.  If you must make regular payments to 3rd parties, you can set these services up to send the converted currency to a 3rd party rather than back to your own account."}
{"_id": "576047", "title": "", "text": "You need money, right? Every body want to make money easily.There are many earning way on online.I will mention here Top 100 ways to earn money online. If you have a computer with internet connection you will do it from any where of the world. pls visit- http://howtomake-moneyonline.com/top-100-easy-ways-to-earn-money-online/"}
{"_id": "576048", "title": "", "text": "Except Walmart needs to also staff an internal distribution network and storefronts along with all overhead costs.   Amazon just picks the item from the closest distribution center, jams it into a trailer with a bunch of other junk and UPS will swing by and take the already loaded trailer."}
{"_id": "576069", "title": "", "text": "I don't think this is true and there is no evidence for it in your link anyway.  The David Knopf who was just made CFO of Heinz Kraft is from Louisville, Kentucky. His full name is David Henry Knopf. His background may be upper middle class or moderately wealthy (by Kentucky standards anyway) since it appears that he went to a private high school, but I can't find any evidence that he is connected to the Knopf publishing family. Even if he was, they sold their company in the 1950's so it's not likely that they would very superrich at this point, and Heinz Kraft has no connection with Knopf or book publishing either.  He is not the same person as this [David A. Knopf](http://www.nytimes.com/2013/03/03/fashion/weddings/david-knopf-edwin-marrero-weddings.html?mcubz=3) who is a management consultant in his 50's, a son of Alfred Knopf Jr. the publisher"}
{"_id": "576072", "title": "", "text": "They may stock items that frame the various price points. Of course they risk having the items go stale before they are sold. You also have situations where the store will advertise an item, but end up taking a loss on that sale because it will bring people in, and they will make other purchases. Determining what to stock, how to display it, and how to advertise it involves both math and psychology."}
{"_id": "576073", "title": "", "text": "I assume by not-so-good prospects you mean small account clients whose revenue will not justify the time required to close a deal and/or post-sale service.  Glad to see you are being realistic about the value of your time vs. what a prospect is paying.    A big part of your practice is going to come down to what infrastructure/processes your dealer firm or back office support has.  Is yours one with a formal small account policy that assigns servicing to a centralized service center (aka call center)?    I've also seen others separate direct at fund vs held in-house (omnibus) based on client assets.  Small accounts go direct to at fund and are directed to the mutual fund transfer agent for post-sale servicing needs.  The up-front sales charge compensates for the initial consultation and the rest is self-servicing / support by the fund transfer agent."}
{"_id": "576082", "title": "", "text": "Here's your problem: The debt is valid and it is your debt, regardless of your arrangement with the insurance company. The insurance company (possibly) owes you money, and you owe the Doctor money. You are stuck in the middle, and in the end it doesn't matter whether the insurance company pays as to whether you owe the money. Don't ignore them. Also, disputing the debt it pointless because the truth is that you do owe the debt. The insurance company may owe you money (which is in dispute), but the debt to your medical provider is your own. You are just stuck in the middle. It sucks, but is pretty common. I think the best you can do is keep working on the insurance company and responding to the bill collectors letting them know that you are working on it and will need to pay late. In theory they deal with this a lot and probably understand, not that it will make them lay off you in the meantime.  In the end it is possible you might have to sue the insurance company to get the money. One thing to be careful about: If the debt is fairly old (several years) you may want to avoid making partial payments because if this goes on your credit report, that payment may extend the period where the negative information can appear on your credit history."}
{"_id": "576097", "title": "", "text": "Well, I am an investor/ Lessor under DHA properties. Oflate, DHA lost it identity as a Govt agency and try to imitate a worst (not the best) real eastate agent. Every year rental valuation is a drama or waste of time and money to lessor. They pull down the rent by 10 to 22% and ask for a secondary valuation for no reasons. They don't even agree with market evidence and start bullying or black mailing tactics to force you to aceept a below market rent or the threat of third review , a very expensive review shared 50% by lessor and rest the poor tax payers! The thir review also badly influenced by DHA by submitting biased valuations and thereby destroying the independence of valuation. The API appointed valuer neither follow the DHA gudie nor the API guide and also ignore the market reality and take the average rent for the area. You also losse 14 to 18% as management fees paid to DHA. Selling also a problem and its high time the CWG and the Minster in charge of the DHA must institute an independent investigation to expose the potential nexus between the valuers and the DHA and how the lessor (a self funded retiree, pensioners and others). I already lodged a complaint with Ombudsman and waiting for a reply. There are 14 Lessors all in a Private street (Only DHA leased property in that street) near 213 Ray rd Epping 2121 that are leased to DHA for more than 10 years. Please note most of those Lessors almost lost $10000 per year because DHA under cut the rent to them when they paid me the market rent for many years. DHA by mistake send the rent paid to all. We have called for the details of rent paid to all the 14 lessors in that private street from 2008 todate under the Freedom of Information Act and waiting."}
{"_id": "576105", "title": "", "text": "Your house and 25 acres was $50K? How is that even possible? Growing up in the 90's the average house in my town was around $600k. Now median home prices in that area are around $1 million. This is a suburb of Boston, so it's not like I'm talking about a place in an actual city.  Prices fluctuate in real estate so much depending on location. Growing up in Massachusetts and then doing my undergrad near NYC, my experience with average or entry-level home prices told me they were always over half a million. It didn't really hit me that prices varied significantly until I went to get my Masters from Syracuse, my friend's father decided to just buy a 5 bedroom house on the edge of campus rather than pay her rent. It was so cheap it made sense (a little under $100K, so he bought it with straight cash).   But still, 25 acres and $50k sounds unreal today. Like the cost of building materials alone would be more than that, forgetting about the cost of land."}
{"_id": "576108", "title": "", "text": "So... we should continue to give money to an industry that essentially shakes down sick people because we have always given money to this industry. I kinda think we should go back and look at the ridiculous earnings of some of the top executives and enact a special tax to take it back and use it to actually fund healthcare."}
{"_id": "576131", "title": "", "text": "Nanex just doesn't have the data. Some guy at CNBC, knowing that this stuff is great fodder for pageviews, *particularly* when there is a mysterious unnamed firm (its much too boring when there is an actual firm named, and the reason turns out to be something mundane like a slow market data feed), scooped it up and packaged it into a fear mongering story, and here we are."}
{"_id": "576136", "title": "", "text": "When you invest in stocks, there are two possible ways to make money: Many people speculate just on the stock price, which would result in a gain (or loss), but only once you have resold the shares. Others don't really care about the stock price. They get dividends every so often, and hopefully, the return will be better than other types of investments. If you're in there for the long run, you do not really care what the price of the stock is. It is often highly volatile, and often completely disconnected from anything, so it's not because today you have a theoretical gain (because the current stock price is higher than your buying price) that you will effectively realise that gain when you sell (need I enumerate the numerous crashes that prevented this from happening?). Returns will often be more spectacular on share resale than on dividends, but it goes both ways (you can lose a lot if you resell at the wrong time). Dividends tend to be a bit more stable, and unless the company goes bankrupt (or a few other unfortunate events), you still hold shares in the company even if the price goes down, and you could still get dividends. And you can still resell the stock on top of that! Of course, not all companies distribute dividends. In that case, you only have the hope of reselling at a higher price (or that the company will distribute dividends in the future). Welcome to the next bubble..."}
{"_id": "576140", "title": "", "text": "Beers, I can see the math, which you are right about. My point is that the Republicans were voting to favor the banking lobby over the lawyers\u2019 lobby, and the Dems were voting to favor the lawyers\u2019 lobby over the bankers\u2019 lobby.  I believe that neither party, at large, was voting for the consumer.  I concede that some individual Dems may have been voting for consumers, but overall this vote came down to bankers vs. lawyers (the two potential primary beneficiaries of the outcome)."}
{"_id": "576148", "title": "", "text": "\"Posted this in that thread but i'll put it here too:  \"\"As somebody working in Equity research for one of the top ranked ER producing firms in NA, i'm a little surprised to see so many people down on sellside ER.  It absolutely has value, although it is not as directly tangible as somebody sitting at a desk cold calling and closing sales. Every day we are sending out a huge amount of advisory information to our sales and trading guys, as well as our clients. Our MD and analysts are on the phone constantly with guys on the other end looking to make decisions and wanting clarification.  My group in particular works in a sector where differentiating between a huge number or relatively similar firms that all require incredibly high capital investments is the name of the game, and as such finding ER analysts who can really pick out the important subtle details is very important for identifying real value.  I'll agree that being able to sell is important, but that's always something you have to be good at no matter what it is you're doing. Even in interviews with a hospital you have to sell yourself.  This got a bit long but is SS ER dying? Absolutely not. Is there going to be a concentrating focus on a smaller number of quality analysts? Possibly.  I'm a junior guy, so who knows where this industry is going. All I know is that compared to my friends in entry level roles in S&amp;T and IB, the technical knowledge i'm picking up with regards to my sector is leaps and bounds ahead of them and will give me a great deal of optionality going into the future as to where I want to take my career.  I really like being in ER, and i respect the people I'm lucky enough to work with and I don't think that the guys who really know how to pick the winners are going anywhere.\"\"  Just my opinion going forward. Also note that US regulation does not necessarily affect me or the team i'm a part of.\""}
{"_id": "576149", "title": "", "text": "It can be helpful, but also knowing what has been tried before is vital. What works and what does not work. Many ideas are not so new. For example, typically in IT management loves the idea of RAD, but what it often means is that they want to start before they understand the scope of the problem, let alone the requirements.  It tends to be the big projects that end up being screwed up. Smaller stuff is easier, but it takes a lot of skills to manage the production of large and complex systems or pieces of engineering.  Sure, change is important but so is the knowledge of what works and what does not work. Every so often, something comes along and sets it on its head so some of that old knowledge can be discounted, but not often."}
{"_id": "576154", "title": "", "text": "I lived and worked in my college town for 7 years before I found out we had a Sears.  It was a huge store on a main road with a parking lot so large that the store was too far back to be noticed...and they didnt have a sign."}
{"_id": "576156", "title": "", "text": "I have never attempted to take out a loan, but I mean any kind of loan or lease based contract.  Also I am a lifer that will never return to my home country.  I have accepted the xenophobia attitude but that doesn't mean I saw screw what they think and make it worse."}
{"_id": "576168", "title": "", "text": "Philadelphia, Pennsylvania is a world-class metropolis that's all about nonstop convenience. If you need trusted mobile locksmith service anywhere in this action-packed city, just drop Phila Locksmith a line. Our licensed, insured and highly trained team members can help you take charge of all of your home, automotive, commercial and emergency service requests. Learn more details check out here: https://www.behance.net/gallery/56815967/professional-locksmith-van-inside"}
{"_id": "576170", "title": "", "text": "First you need to ensure that you are not violating any Federal child labor laws. I would look at this: U.S. Dept of Labor, Wage & Hour Div., Standards for 14- and 15-Year Olds in Nonagricultural Employment. These were the items that pertained to Federal Law, for 14 year olds: 14 is the minimum age for employment in specified occupations outside   of school hours for limited periods of time each day and each week.   Fourteen- and 15-Year-Olds May Not Be Employed: There is a section on minimum allowed wage payment to young workers, and also a list of allowed types of work for 14 and 15 year old's. The type of household helper tasks described definitely fell within what was allowed for child labor. The same page details what sort of forms need to be filled out. I think this is something that is done quite commonly. Here are specifics in New York State for minimum wage for minors and for employing 14 year olds."}
{"_id": "576178", "title": "", "text": "We could solve what the RIAA and MPAA are complaining about.  Remember, this only worked because the content was worth it (aka shit was funny as fuck).  Others failed (Radiohead, NIN) because you felt ripped off when you actually opened your present."}
{"_id": "576181", "title": "", "text": "\"I'd replace \"\"ethics\"\" with \"\"morality\"\" in your comment. While in many contexts ethics and morals are synonymous and used interchangeably this is a situation where the distinction is important.  Ethical behaviour is adherence to a code of conduct, such as laws and regulations. Morality is about Right vs. Wrong, regardless of what's been codified.\""}
{"_id": "576182", "title": "", "text": "StackExchange points, obviously. =)"}
{"_id": "576184", "title": "", "text": "Dow Jones: http://en.wikipedia.org/wiki/Historical_components_of_the_Dow_Jones_Industrial_Average  NASDAQ: http://en.wikipedia.org/wiki/NASDAQ-100 (scroll down) S&P Tricky. From what I can find, you need to be in Harvard Business School, a member of CRSP, or have access to Bloomberg's databases. S&P did have the info available years ago, but no longer that I can find."}
{"_id": "576185", "title": "", "text": "The answer to your question is governed by the structure of the company and your ownership or lack thereof in the business.  Australian business can be structured the same way U.S. ones are, as a sole proprietorship, partnership, LLC, or company.  If you are only on the board and have no equity, you cannot be affected.  You must have some amount of equity in the business to have any chance of being affected. If the business is a sole proprietorship, then the single individual running the business is personally responsible for all debt and the inability to pay obligations would result in personal bankruptcy which would in all likelihood affect your credit score (it would in the U.S.). If it is a partnership, then anyone holding stock in the company is likewise personally responsible for a portion of the debt, and can be subject to bankruptcy and credit score implications. If the business is structured as a limited liability company or a corporation, a stakeholder's personal finances are separate from the business's and their credit score cannot be affected."}
{"_id": "576214", "title": "", "text": "There are some economic signs as there are in all economic and business cycles, such as interest rates rising. However, a more effective way is to actually look at price action itself. The definition of an uptrend is higher highs followed by higher lows. The definition of a downtrend is lower lows followed by lower highs. So if you are looking to invest for the long term you can look at the weekly or even the monthly chart of the market say over the past 10, 15 or 20 years. Using these definitions on say the S&P500 if the price continues to make higher highs and higher lows then stay in the market. If the price makes a lower high than the previous high, then this is a warning sign that the trend may be about to end. The trend has not broken yet but it is a warning sign that it could be ending soon. If the price makes a higher low next followed by a higher high, then the trend continues and you just need to keep an eye on things. If, however, the price makes a lower low after the lower high this is a signal that the uptrend is over and you should get out of the market. If the price makes a lower low directly after a higher high, then be cautious and wait for confirmation that the uptrend is over. If you then get a lower high this is confirmation that the uptrend is over, you would then sell if prices drop below the previous low. If you invest in individual shares then you should keep an eye on the charts for the index and individual shares as well. The index chart will give you an indication if the uptrend is over for the whole market, then you can be more cautious in regards to the individual shares. You can then plan exit points on each individual share if their trends are broken too. If you have stop losses employed and the trend reverses on the index, this would be a good time to tighten your stop losses on individual shares. You can then buy back into the market when you determine that the downtrend is broken and prices start to show higher highs and higher lows again. Will there be occasions when the uptrend reverses and then after a short period starts trending up again, yes there might be, but the worse that will happen is that you pay a bit of extra brokerage to get out and then back into the market, and you might have to pay some capital gains tax on any profits made. But remember no one ever went broke making a profit. The most important thing to remember when investing is to conserve and protect your capital. I would rather pay some extra brokerage and some capital gains tax than see my portfolio drop by 50% or more, then take 5 years or more to recover. And remember, paying tax is a good thing, it means you made money. If you don't want to pay any tax it means you will never make any profits, because if you make profits you will have to pay tax one day."}
{"_id": "576218", "title": "", "text": "If the money comes to you, then it's income.  If the money goes out from you, it's an expense.  You get to handle the appropriate tax documentation for those business transactions. You may also have the pleasure of filing 1099-MISC forms for all of your blogging buddies if you've paid them more than $600.  (Not 100% sure on this one.) I was in a blog network that had some advertising deals, and we tried to keep the payments separate because it was cleaner that way. If I were you, I'd always charge a finder's fee because it is extra work for you to do what you're doing."}
{"_id": "576243", "title": "", "text": "I don't think you should have to cancel your card.  Call your customer service line and just indicate to them what has happened.  You aren't getting service for what they are charging you and they are refusing to remove it themselves."}
{"_id": "576263", "title": "", "text": "\"Does your current 401(k) have low fees and good investment choices? If so you might be able to \"\"roll-in\"\" your rollover IRA to your 401(k), then do a backdoor Roth IRA contribution. A Roth IRA would be far more useful than a non-deductible traditional IRA.\""}
{"_id": "576269", "title": "", "text": "Unfortunately not. Even if the credit card balance is positive (i.e. customer has overpaid the credit card account), you cannot withdraw cash (for free) - as any cash withdrawal is subject to 12.9% interest - even if repaid in full at the end of the month! The clarity credit card is one of the best cards for overseas spending, as its load free (no fees for purchases abroad) and it gives near perfect exchange rates. If your balance is positive, you start at \u00a30, then fund that credit card account from your bank account \u00a3500. You can then spend on your credit card, and when your next bill is due at the end of the month - they will use that extra \u00a3500 sitting in your account first, and ask for the remainder from you. i.e.  scenario1:  scenario 2: It is better in my opinion, to set up a direct debit to always clear out the full amount on your credit card. That way, you have cash in your bank account for emergencies (getting \u00a3500 back from a credit card will take a few days to process as opposed to having the ability to withdraw cash from the cashpoint 24/7). And once the direct debit is paid automatically at the end of the month, there are no fees - voila your credit card is almost like a debit card, spend on it when you like, it gets paid automatically, no hassle, no worries. This approach does take a careful mindset though, as you need to know your credit limits and also you need to ensure your bank account has enough to pay off the direct debit at the end of the month. Otherwise those darn fees will get you (and hurt your credit rating). For cash spending, you will want to either take cash with you (check online here for best rates & get the money well in advance to avoid fees). Also in some countries the exchange rate is better there, than in the UK, google will help you here. If you dont like the idea of carrying large sums of cash with you can use a prepaid card like CaxtonFX, which is one of the better ones out there. The other well known ones are FairFX and Travelex Cash Passport."}
{"_id": "576270", "title": "", "text": "\"That's a very clear explanation, thanks! So a few additional things if anyone will humor my curiosity...  1. By \"\"one-time\"\" tax, does that mean a company that has, say, $5B overseas could bring that back into the US and just be taxed $500M, then keep the remaining $4.5B?  2. Could a company choose a percentage of their overseas money to transfer into the US? Like, only bring in 8% of that $5B ($400M) and be taxed $40M, while keeping all the rest outside the US? Or would it be mandatory to bring it all over?  3. Would most companies just start that same practice of routing to tax havens again after this tax is implented?\""}
{"_id": "576288", "title": "", "text": "\"I heard it was illegal to begin a new business while still owing the   IRS. No such thing. \"\"Renovating business\"\" may require certain State licenses that may in turn require you to show that you've not violated any laws (including tax laws), so you may want to check that. But as a general rule - you can \"\"start\"\" a business any time you want.\""}
{"_id": "576295", "title": "", "text": "There's two big problems here and they are both related to the same thing: The last line says it all: you live in California. CA is a terrible state to do business in. the taxes on this money alone are crushing. Also, while I think you need to re-visit your budget and lifestyle, the cost of living is very, very high in CA and affecting your decisions.  Of course, all of this raises the question - if you can afford 12K in expenses each month, and I'm assuming you're the only source of income, then you should be able to afford funding your own game :D"}
{"_id": "576334", "title": "", "text": "Your film degree isn't going to help you do this at all.  You know what will?  [Learn HTML5, Cloud Services, and Mobile software development.](http://mobile.eweek.com/c/a/Application-Development/HTML5-Cloud-and-Mobile-Create-Perfect-Storm-for-Major-App-Dev-Shift-235285/).  You don't need fancy training or a degree in CS, start with the w3c [HTML5 tutorial](http://www.w3schools.com/html5/default.asp), and then explore from there.  Read everything you can about these things, then start building something.   Get an app or two you've built deployed to your own phone, re-tool your resume, and then start looking for a job as an entry level software engineer.  You'll be a much more attractive hire to some employers than a Java developer with 10 years of experience who has no interest in evolving their own skill set and insists on a super high salary."}
{"_id": "576341", "title": "", "text": "I do understand what you are saying. I see it. I live in a fairly low income area and it is the custom to include candy in every kid function. The kids are, as you might guess, on the average, kinda fat.  I feel this will only change with public education, and currently we do have a state budget item to address this and we are seeing positive results. I also think that getting most of these kids a physical once a year where someone in authority points out to parents (or grandparents) raising these kids that being so indulgent is not really what is best for the kids does change behavior. Poor parents are mostly trying to do whatever they can to sweeten a pretty difficult life. Learning cheap crafts or attention or whatever is  a better option really does change the behavior.   These small changes are not so much just throwing money at an issue so much as including ALL the population in a shared health care system."}
{"_id": "576350", "title": "", "text": "Yikes man. I got really lucky with the job I have now. They'll let you work 60 hours a week if the works there.  Her mom qualifies for OHP so my GF can't get help from her. She also doesn't qualify for Medicaid or graduated subsidies either. We're talking about a weekend job for us both right now. (It's amazing that it comes down to that in this country).  The situation truly is screwy. She works for a a hospital who has satellite doctor offices (she's actually in a doctor office) and the best plan she offered was nearly $200 a month."}
{"_id": "576361", "title": "", "text": "I'm aware that banks have foreclosed properties as assets on their balance sheets -- those that they haven't been able to sell yet.  But, housing prices nationally are down 50% from their peak. How can you seriously make price-fixing allegations against the banks when prices are about half of what they were at the peak of the bubble, when - I think we can all agree on this point - real estate was pretty decentralized?"}
{"_id": "576362", "title": "", "text": "Before answering specific question, you are liable to pay tax as per your bracket on the income generated. I work with my partner and currently we transfer all earning on my personal bank account. Can this create any issue for me? If you are paying your partner from your account, you would need to maintain proper paperwork to show the portion of money transferred is not income to you. Alternatively create a join Current Account. Move funds there and then move it to your respective accounts. Which sort off account should be talk and by whose name? Can be any account [Savings/Current]. If you are doing more withdrawls open Current else open Savings. It does not matter on whos name the account is. Paperwork to show income matters from tax point of view. What should we take care while transfering money from freelance site to bank? Nothing specific Is there any other alternative to bank? There is paypal etc. However ultimately it flows into a Bank Account. What are other things to be kept in mind? Keep proper record of actual income of each of you, along with expenses. There are certain expenses you can claim from income, for example laptop, internet, mobile phone etc. Consult a CA he will be able to guide and it does not cost much."}
{"_id": "576364", "title": "", "text": "\"You're forgetting the fundamental issue, that you never have to actually exercise the options you buy.  You can either sell them to someone else or, if they're out of the money, let them expire and take the loss. It isn't uncommon at all for people to buy both a put and call option (this is a \"\"straddle\"\" when the strike price of both the put and call are the same). From Investopedia.com: A straddle is an options strategy in which the investor holds a position in both a call and put with the same strike price and expiration date, paying both premiums. This strategy allows the investor to make a profit regardless of whether the price of the security goes up or down, assuming the stock price changes somewhat significantly.   Read more: Straddle http://www.investopedia.com/terms/s/straddle.asp#ixzz4ZYytV0pT\""}
{"_id": "576375", "title": "", "text": "yes, i am incorporating monte carlo return scenarios for both equity and real estate.  yeah there is a lot to consider in the case of the property being a condo where you have to account for property taxes as well as condo fees.   the two projects have entirely different considerations and it's not like the money that is injected to one is similar to the other (very different) which is why i figured there should be differing discount rates.  in any case, thanks for the discussion and suggestions."}
{"_id": "576384", "title": "", "text": "I am a freelancer based in Europe and I want to tell you: - if you are a freelancer, then you INVOICE your Swizzerland based client The word salary is improper. - So your client will DEDUCE the invoice from its taxes, and NOT pay income tax on top of that invoice. Because invoice = expense.  So, ONLY YOU pay income tax in India. Your client pays no tax at all, not in India, not in Swizzerland. As you are a freelancer and not employee, the company has no obligation to pay employer taxes for you. A company  has financial benefits from working with a freelancer."}
{"_id": "576390", "title": "", "text": "This definitely helps me clear my head when I think about my future, I am fully aware that most lower level internships don't amount to employment (especially after Freshman year).  I totally understand what you are saying, it is more so that I'd rather be learning something and working hard hours than working hard hours in retail or a restaurant. I worked in the service industry and I felt frustrated because I was surrounded by idiots (drug addicts, alcoholics, drop outs) and sometimes being surrounded by a lack of ambition can just get to you."}
{"_id": "576391", "title": "", "text": "You should be saving as much money as you can afford in your 401k up to the maximum allowed. If you don't contribute at least 6%, then you are essentially throwing away the match money that your employer is offering. Start out with the target date fund. You can always change your investment option later once you learn more about investing, but get started saving right away and get that match!"}
{"_id": "576438", "title": "", "text": "&gt; will end up over taking instagram AND facebook in the next 5-10 years.   holy shit LMAO I wish there was some way I could bet everything I own against this statement. Facebook will not be overtaken by ANY other social media company for the next 10+ years, and will NEVER be overtaken by snap inc. Facebook is actually the smartest long term investment out of everything you mentioned (and amazon as well). Snapchat and gopro are horrible long term holdings. Gopro will be worth half of what it is worth now in the next 5 years. The money you are bragging about is peanuts, and irrelevant. Because you were talking about long term holdings in your first reply, and now you are bringing up day trading which is a completely different story. Yes snap is probably good for some short term gains, but I dont see how you are parlaying that into thinking that is good for long term retirement funds.  FWIW making money in this climate is easy as fuck, it wont be like this forever. And when the markets begin to crash, companies like twitter and snap inc who have no revenue will be the first ones to freefall to nothing. I have a 37% annual return since 2009 (entered the market a great time) and I have no background in investing before that. So dont get a big head about making correct choices in the short term."}
{"_id": "576450", "title": "", "text": "Let's hope some of it is good. It feels like the more they produce, the worse the quality gets.  Netflix can hide behind that when they only made Orange is the New Black and House of Cards. When you only put out a few shows the strike rate is probably higher in terms of quality because they aren't actually doing that much of their own stuff. So they spend more time and more money on higher value products.  But now with them producing *so much* content the quality has plummeted downwards.   It feels like every second 'Netflix Original' title is godawful and headed for cancellation."}
{"_id": "576498", "title": "", "text": "\"That's OK, there are new \"\"fronts\"\" in the war ... not just \"\"Print On Demand\"\" (aka POD) and Independent *publishing*, but the soon to be here *local* (in store) print on demand.  And of course e-books (especially independently published e-books) are s-l-o-w-l-y (but *steadily*) picking up steam as well.\""}
{"_id": "576503", "title": "", "text": "\"An option without the vesting period and the price at which one can exercise the option is of not much value. If vesting is determined by board, then at any given point in time they can change the vesting period to say 3, 5, 10 years any number. The other aspect is at what price you are allowed to exercise the option, ie if the stock is of value 10, you may be given an option to buy this at 10, 20 or 100. This has to be stated upfront for you to know the real value. On listing if the value is say 80, then if you have the option to exercise at 10, or 20 you would make money, else at 100 you loose money and hence choose not to exercise the option. However your having stuck around the company for \"\"x\"\" years in anticipation of making money would go waste. Without a vesting period or the price to exercise the option, they are pretty much meaningless and would depend on the goodwill of the founders\""}
{"_id": "576505", "title": "", "text": "\"The boss of the engineering software company I used work for had a different attitude. His standard response to a tech-support escalation which required his intervention was to pick up the phone to accounts and ask if the customer had already paid for the software, and if they had, he'd tell us \"\"fuck 'em, tell them to read the licence conditions...\"\" - which basically said, if there is anything wrong in the code, tough luck, you bought it.\""}
{"_id": "576510", "title": "", "text": "&gt; I like how they ignore the fact that Texas has like 20 times more oil than Arkansas, as if the current energy boom has nothing to do with growth in Texas apart from tax policy.  Many companies from all sorts of sectors have moved away from high taxing and regulating states to Texas. If the business climate gets worse the next step is to move operations and jobs abroad."}
{"_id": "576513", "title": "", "text": "There are federal regulations that state that: As a result it can be assumed that when a loan is paid off, notification should be given to the borrower. There is not a penalty since schools are pretty good about recovering their money. It could be due to a simple human error or glitch in the system. I would email them again confirming that your Perkins Loan had been paid in full, just so you have documentation of it."}
{"_id": "576520", "title": "", "text": "As a lefty --- get a life and your own opinion, or let other people backed by corporations that you oppose tell you what to think.   This guy is the guy that stole $500 and we let him until we needed him to get caught. And the people that bought CDs from a bank on a shady fucking island, yeah, they were stupid. Caveat emptor."}
{"_id": "576528", "title": "", "text": "It's really a calculated risk. The most you gain is for the growth to be tax free, the downside (for the excess funds)is the growth is taxed plus the 10% penalty. I'd suggest a simple strategy. Deposit as much as you can, early on, until the balance approaches the current 4 yr college cost. Then, just add enough to match the current cost, i.e. If college costs grow more than the account, just make up that difference."}
{"_id": "576540", "title": "", "text": "&gt; the amount of energy that goes into minimum-wage arguments vastly outstrips its importance as a policy matter. Issues like the design of health insurance, tax policy, and entitlement reform are more important policy issues ... less than 2% of American workers received wages at or below the federal minimum in 2016."}
{"_id": "576543", "title": "", "text": "\"I'm certain if the amount was large enough they'd be happy to find a few people to turn into \"\"examples\"\".  There are enough idiots out there that think, \"\"Wow, I just won the lotto! I'm going to go rub my brilliance in their face and spend this in a stupid way so as to prove to them how I'm smarter then they are.\"\"  Next thing they know is that they're getting busted.  It's not the original act that gets most criminals busted, it's the stupidity that follows the original act.\""}
{"_id": "576564", "title": "", "text": "It would be very unusual (and very erroneous) to have a company's stock be included in the Long Term Investments on the balance sheet.  It would cause divergent feedback loops which would create unrepresentative financial documents and stock prices.  That's how your question would be interpreted if true.  This is not the case. Stock prices are never mentioned on the financial documents.  The stock price you hear being reported is information provided by parties who are not reporting as part of the company.  The financial documents are provided by the company.  They will be audited internally and externally to make sure that they can be presented to the market. Stock prices are quoted and arbitrated by brokers at the stock exchange or equivalent service.  They are negotiated and the latest sale tells you what it has sold for.  What price this has been reported never works its way onto the financial document. So what use are stock prices are for those within the company?  The stock price is very useful for guessing how much money they can raise by issuing stock or buying back stock.  Raising money is important for expansion of the company or to procure money for when avenues of debt are not optimal; buying back stock is important if major shareholders want more control of the company."}
{"_id": "576569", "title": "", "text": "About the inflation or low interest rates in both the countries is out of the equation especially since rupee is always a low currency compared to Euro. You cannot make profit in Euros using rupee or vice-versa. It all depends on where you want to use the money, in India or Europe? If you want use the money from fixed deposit in Europe, then buy fixed deposit in euros from Europe. If you want to use the money in India, then convert the euros and buy FD in India."}
{"_id": "576571", "title": "", "text": "You're missing the strategy for the tactics. The *whole point* of capitalism is the improved efficiency possible through the price system of value. The price system of value only delivers this efficiency when free markets exist. When markets are *not* free, then capitalism becomes very inefficient, and you get unemployment, inequality and other poor outcomes. In response to this, people demand socialist policies, and if they don't get them, eventually you get proletarian uprisings against the rich, communism, etc.  As far as your attempts to defend David Siegel's ethics, I just don't see where you're coming from. What if he doesn't feel inclined to take my offer? Is he also responsible for my death? But more importantly, *why* are you defending bottom-feeding pond scum like Siegel?"}
{"_id": "576581", "title": "", "text": "Thanks! Your earlier comment had me panicked there!  I have worked about 1700 question over the last week from the Qbank, and was hoping that it would with a couple mock exams, would be sufficient for level 1."}
{"_id": "576605", "title": "", "text": "I mean, it doesn't really apply to a lease/buy decision in a home.  The variability due to the variables I discussed makes it not worth the analysis when you're talking about return differences of maybe 1-2%.  Even if your house costs $1 million, that's only a difference of $10,000... MAYBE if there's no difference in the other variables, but there will be.  My point is that it's not worth doing.  DCF models are used for valuation of large projects, not simple home buying problems.  There are way better ways to evaluate such a simple problem."}
{"_id": "576609", "title": "", "text": "Unless I'm missing something, this doesn't make sense at all.  Why take out money at 3.25% (the Heloc) to reduce the balance on a 3% loan (the refi)?  It would be better to move as much from the Heloc to the refi as possible to get the best rate.  If this results in a lower monthly payment, keep paying the higher payment and you'll be better off."}
{"_id": "576621", "title": "", "text": "\"It sounds like \"\"gross receipt tax\"\" is essentially the same thing most states call \"\"sales tax\"\", which is always handled this way -- prices displayed are pre-tax, tax is added when the final price is calculated.  One reason for doing it that way is that most prices result in taxes that involve fractions of pennies, and calculating from the total produces a more accurate result than calculating tax on each item individually. It is theoretically possible to set prices so the numbers come out evenly when tax is added. But that requires that the prices be in fractional cents,  potentially to many decimal places. And in fact in some places it is illegal to display (only) the with-tax price. Otherwise I'm sure some stores and restaurants would be willing to deal with the mils and micros, purely on principle or as a marketing gimmick. Since customers have learned to expect sales tax, it really isn't worth the effort to fight it. The closest I've seen has been occasional \"\"we'll pay your sales tax\"\" offers, or statewide sales-tax holidays once a year.\""}
{"_id": "576624", "title": "", "text": "As said by others, buying shares of a company will not support it directly. But let's think about two example companies: Company A, which has 90 % stocks owned by supporters, and Company B, which has only 1 % of stocks owned by supporters. Both companies release bad news, for example profits have decreased. In Company B, most investors might want to sell their stock quickly and the price will plummet. In Company A, the supporters continue believing in the company and will not want to sell it. The price will drop less (usually, but it can drop even more if the sellers of Company A are very desperate to get rid of the stock). So, why is it important for the company to have a high stock price? In the short-term, it's not important. One example is that the company can release more stocks and receive more financing by doing that. Other reasons are listed here: http://www.investopedia.com/articles/basics/03/020703.asp"}
{"_id": "576625", "title": "", "text": "I think people are glossing over the type of experience you get working at a startup.  Having worked at a huge multi-national corp, and now working in a basement, I would say this:   Multinational corp - everything is a process.  They have a documented process for damn near everything, including taking a shit.  If you don't know how to do something, you have internal support or somebody around you that knows how to do it.  You don't learn anything in this type of environment.  You get hired for one specific job on the assembly line, and you consistently perform a set of pretty specific job functions every day.  The upside is full benefits, job security, and stability.  Startup - Absolute chaos.  Your responsible for sales, design, implementation, production support, and late-night troubleshooting.  You could be out of a job tomorrow if a single customer pulls out.  But the upside is the wealth of experience you get on all aspects of business and you have to see a design from spec to production.  As a young professional, I much prefer the latter.  If I lose my job - so what?  I'll find another one.  The experience i've gotten from the startup in just under a year far exceeds the experience I got in three years at the corporation."}
{"_id": "576626", "title": "", "text": "I've had 50% raise offers before. Start ups might pay more to attract talent but you look at what they are doing and realize they will probably be out of cash flow once the venture capitalist money dries up. If you like changing jobs sure. I've been at the same company for 12 years. My salary has gone up 4x since I started so whatever. It's just easier. I know one of my offers went out of business in less then 8 months..."}
{"_id": "576632", "title": "", "text": "\"If I really understood it, you bet that a quote/currency/stock market/anything will rise or fall within a period of time.    So, what is the relationship with trading ? I see no trading at all since I don't buy or sell quotes. You are not betting as in \"\"betting on the outcome of an horse race\"\" where the money of the participants is redistributed to the winners of the bet. You are betting on the price movement of a security. To do that you have to buy/sell the option that will give you the profit or the loss. In your case, you would be buying or selling an option, which is a financial contract. That's trading. Then, since anyone should have the same technic (call when a currency rises and put when it falls)[...] How can you know what will be the future rate of exchange of currencies? It's not because the price went up for the last minutes/hours/days/months/years that it will continue like that. Because of that everyone won't have the same strategy. Also, not everyone is using currencies to speculate, there are firms with real needs that affect the market too, like importers and exporters, they will use financial products to protect themselves from Forex rates, not to make profits from them. [...] how the brokers (websites) can make money ? The broker (or bank) will either: I'm really afraid to bet because I think that they can bankrupt at any time! Are my fears correct ? There is always a probability that a company can go bankrupt. But that's can be very low probability. Brokers are usually not taking risks and are just being intermediaries in financial transactions (but sometime their computer systems have troubles.....), thanks to that, they are not likely to go bankrupt you after you buy your option. Also, they are regulated to insure that they are solid. Last thing, if you fear losing money, don't trade. If you do trade, only play with money you can afford to lose as you are likely to lose some (maybe all) money in the process.\""}
{"_id": "576646", "title": "", "text": "Marketplace was my jams. Listened every day for years.. until the whole hating on Trump thing began to consume Kai Ryssdal and the whole APM Marketplace team. Even Molly Wood!   It became hard to trust a team so heavily biased and distracted so I unsubscribed and am hoping for a return when they're back to doing what they used to."}
{"_id": "576651", "title": "", "text": "\"Generally, a polite decline. However, I have dealt with sales people who take first refusal as a \"\"test\"\" response, and decide to go into the details anyway. The longer they talk the more robust my responses. See this Telegraph article that discusses why their experts think it's a ripoff, and why you should check your credit cards and home insurance policies as they may already have you covered (possibly UK/Europe only). http://www.telegraph.co.uk/finance/personalfinance/2820644/Extended-warranties-In-our-view-its-a-rip-off.html On a different note, see this list of questions to ask if you are considering going with the extended warranty. The source doesn't rule for or against the idea, leaving it at caveat emptor: http://www.choice.com.au/reviews-and-tests/technology/home-entertainment/accessories/extended-warranties/page/questions%20to%20ask.aspx\""}
{"_id": "576652", "title": "", "text": "The math is wrong. $16m grows to $72b over 44 years at 21% return (exact return is (72000/16)^(1/44) - 1 = 0.21067). At one percentage point lower return, i.e. 20%, $16m grows to $50b (16m x 1.21^44 = 49.985b). In that case you would have paid about 30 percent of your gain in fees. Still a lot,  but not severe.  Even the calculation of percent fees is wrong in the article!"}
{"_id": "576673", "title": "", "text": "You have to consider a case where you just cannot sell it. Think of it as a bad piece of real estate in Detroit. If there are absolutely no buyers, you cannot sell it (until a buyer shows up)"}
{"_id": "576688", "title": "", "text": "As observed above, 1.5% for 3 years is not attractive, and since due to the risk profile the stock market also needs to be excluded, there seems about 2 primary ways, viz: fixed income bonds and commodity(e,g, gold). However, since local bonds (gilt or corporate) are sensitive and follow the central bank interest rates, you could look out investing in overseas bonds (usually through a overseas gilt based mutual fund). I am specifically mentioning gilt here as they are government backed (of the overseas location) and have very low risk. Best would be to scout out for strong fund houses that have mutual funds that invest in overseas gilts, preferably of the emerging markets (as the interest is higher). The good fund houses manage the currency volatility and can generate decent returns at fairly low risk."}
{"_id": "576689", "title": "", "text": "&gt;it does nothing to challenge hanauers argument, as hanauer acknowledges this tenet  No, you are wrong. the link directly contradicts you: &gt;On Wall Street and corporate boards, buybacks are often lauded as a way to \u201creturn capital\u201d to shareholders. That, according to Hanauer, is one big lie.  &gt;That the whole thing was just a lie; it's a story that rich people told poor people so that they could steal from them. It's just terrible.  &gt;Stock buybacks are very nefarious things. They are a practice that creates no social or economic utility, other than enriching the super rich.  &gt;In a more sensibly organized economy, it would be illegal to do it  So yeah, you don't know what you're talking about, as usual."}
{"_id": "576691", "title": "", "text": "&gt; This is kind of a silly article and it mostly misses the point.  That's because it's an advertorial, as pointed out right at the start.  &gt; Editor\u2019s note: Jacob Mullins is the CEO of Exitround, a software-powered M&amp;A marketplace for buyers and sellers of companies."}
{"_id": "576694", "title": "", "text": "Remember, carrying debt on a credit card and waiting to pay it is increased risk in the event something happens and you can't pay it off. I have 1 CC and I have it set to auto-pay on the day it's due (paid in full each month as I don't carry debt anymore - learned that lesson a hard way :) ). So the day it's due it auto-drafts out of my checking. No worries of late payments, missed payments, etc. If you feel that having any balance is bad then by all means pay it off the minute you get your statement. It should come at the same time each month (or close to the same time) and you should be able to setup an auto-payment to pay it off in full as soon as the new statement goes live. To be honest, those extra few days of supposed interest saved by keeping the money in your checking account is so minimal that's it's probably not worth it. Most checking is horrible in interest (all my 'high interest' checking accounts are now less than 1% APR. boo.) and if you're late 1 day then bam! All that earned interest is gone in 1 late fee..."}
{"_id": "576704", "title": "", "text": "\"If one would think that, they would be wrong. He's been in office 150+ days and neither introduced nor signed any kind of large legislation that would improve \"\"every business.\"\"    He has not done anything yet but enjoy the continued recovery that began under the Obama administration.\""}
{"_id": "576708", "title": "", "text": "\"&gt;Why do so many ventures fail? They are allegedly started by smart, capable people and funded by people with \"\"experience.\"\"  Marketing. It sucks but it is true. You can start a company as an engineer and make the greatest piece of software since sliced bread, but unless you can sell it you're fucked. This is why I avoid investing in startups. Some of the greatest startups fail and some of the horrendous ones succeed; life is unfair.\""}
{"_id": "576725", "title": "", "text": "ISIS wouldn't exist if not for the US invasion of Iraq.    Afghanistan is going to be garrisoned by US troops indefinitely because it suits the whims of the ruling class and their US Empire.    They don't want to win, just to occupy and control.  Fairly classic for an empire really.  Poor people die, our tax money is lit on fire, and some folks in the Military Industrial Complex laugh all the way to the bank while the Pentagon has a huge force it can just set in Central Asia apparently permanently..."}
{"_id": "576728", "title": "", "text": "I'd say the job category in question is key - fruit picking, unlikely to be rapidly taken over by Americans. Construction, though, lots of people out of work or left business because they can't compete with the costs of illegal labor."}
{"_id": "576736", "title": "", "text": "I agree that best is subjective and will not give investment advice. However, the tax deductible part can be dealt with quite swiftly. If you need tax deductibility right now, at the expense of later, put it into an RSP account. If you don't need tax deductibility right now, put it into a TFSA. Assuming you have room in either of these vehicles, I would suggest using just an RSP or TFSA cash savings account for now at ING Direct. Three reasons: You get the immediate benefit of having put it somewhere, and in the case of the RSP, an immediate tax deductibility. You don't have to worry about rushing into a specific investment and can give yourself time to figure out your goals and portfolio composition. (Read about the Couch Potato portfolio for a starting point.) You can transfer your money from them for free and still keep it registered in whichever plan it is in. The last point is the most important for my suggestion. The ability to quickly park the cash in a registered account and to move it for free using the appropriate form at a later date. Most places have a sneaky transfer-out fee. ING may not be the only place that doesn't, but I haven't looked into many other places about this. You might find something else that works the same way. And please, don't ever use GIC and high return in the same sentence."}
{"_id": "576740", "title": "", "text": "\"You don't consider a situation where people give to \"\"charity\"\" that they're heading themselves. But generally speaking you're correct, the idea is that charity is tax deductible, and people prefer to give their money to their local church where they get the direct benefit of it, rather than to Uncle Sam.\""}
{"_id": "576796", "title": "", "text": "An increased pool of workers demanding the same quality of life we have, fair labor and wage laws throughout the world (which is how they'd get that), would result in a global middle class, with countries like China, India, etc. no longer desperately outcompeting US workers for cost of production, which means it will be commercially viable to have production occurring in the US again on a large scale. Plus, more people with more money means greater demand for goods. What needs to happen is reigning in the artificial deflation of the value of labor...whether that will happen or not, I'm not particularly optimistic."}
{"_id": "576807", "title": "", "text": "Another option to a human advisor is FutureAdvisor, a web service that (if it supports your 401k plan) gives personalized algorithmic advice on what you should hold in your 401(k) and other retirement accounts.  If it doesn't support your 401(k) plan just yet you can sign up to be emailed when your plan is added.  [Disclosure: I work here, but I believe in the product and it's designed to solve this exact problem so I'm mentioning it here]  Note from JoeTaxpayer - bolu's disclosure is much appreciated. The fee is $39/yr, with a free trial. Consider that a commissions based advisor won't even take on a $10K level account, and at $100K, you'd be hard pressed to gain by more than his 1% fee. So while I've not dug deeper into this site, a rules-based methodology is likely to be worth the cost if over time it gains you even a fraction of a percent compared to what you'd have done blindly."}
{"_id": "576821", "title": "", "text": "can you give us some more information?  consumer based product? b2b type product?  does it have an end user (ie dropbox) or does it somehow integrate two things (ie you found a way for a photocopier to email someone when a printing job's done)?  saas? web based? phone based? desktop based?  who would be purchasing it? it departments? end users? parents?  who would the end user be? executives? customer service people? teenagers?  is it something that needs critical mass (reddit, facebook) to really take off?  do you have any people that can be beta / test clients?   not asking for specific details of where the treehouse is located, but would help to broadly know the type of forest it's in :)"}
{"_id": "576823", "title": "", "text": "\"Page 62, https://assets.pershingsquareholdings.com/media/2017/01/26223015/2016-PSH-Annual-Update-Presentation-FOR-DISTRIBUTION.pdf  Looking at Pershing Square's 13-F, Bill Ackman is gonna see his money soon  Recently I posted a friend's resume on craigslist and some brainwashed herbalife chick was spamming e-mail responses to all the people who had posted their resume, regardless of whether the position the candidate was seeking or qualifications the candidate had was relevant or not.   I told her it's a bad idea to spam using her real name and that MLMs are trash. Also, the person whose resume I posted was looking for a job in finance and that she clearly didn't read the ad. Her responses:  \"\"Thanks for your opinion. We are all entitled to them. Finance to me means money! I teach people how to make money! Putting their skills to work for themselves. Good luck to you in your search! You sound like you got a shining personality.\"\"  \"\"PS, if you are in finance you probably know your stuff! Go ahead and check out what Carl Icahn thinks about network marketing. He's undeniably the wealthiest man in the United States of America. He knows a thing or two about Finance. He backs are company amazing. Maybe I'll be close-minded. I don't want to work with you, but you don't really know what you're talking about.\"\"  made me lol and facepalm\""}
{"_id": "576828", "title": "", "text": "&gt; For example, if you're one of the growing AI companies of the world who sees a unique trained-up xNN as core IP or trade secret, I would be hesitant deploying such a thing to Aliyun.  I'd be hesitant to deploy trade secrets to any machines not directly owned and managed."}
{"_id": "576834", "title": "", "text": "I feel like that any full answer has multiple facets:  **Free for 7 years:** I'm currently in KC, and most of the people in my area are opting in for the free service. So if I were able to get fibre (my neighborhood didn't get enough votes), it would cut my $40/mo bill from Time Warner and my service would increase if anything. That's a huge cut, and it pays for itself ($300 set up fee) in the first year. Then over the next 7 years it saves me over $3000 in bills. For some company like Time Warner to offer this, they'd lose a large amount of service. Free mediocre internet is a huge threat to companies whose top sellers are expensive mediocre internet.  **Lawsuits:** Like other people have stated, it's pretty impossible to become an actual competitor to these companies. The other ISPs (namely TWC and Comcast) fight anybody who pops up. There are minor providers in some of the outer suburbs, but they can't offer near the speed that a fibre solution provides.  **City Approval:** Even Google ran into issues with this. Cities have to approve things like new fibre lines, and if they don't you're pretty much stuck. Overland Park, a wealthier suburb of Kansas City, were really dragging their feet on getting Google approved. Google just decided to take the deal off the table. Google is such a big name, however, that people in Overland Park freaked out at their city council and I don't know what they did, but Google has opened up signups for them now. If this was a no-name company, though, they would have been out of luck and just been barred from entry altogether. City council problems are actually pretty interesting.  **Cost Effectiveness and Overhead:** Building a fibre network in KC is a pretty big cost. There are others around, but really only in the commercial areas. So whatever company wants to compete with Google has to go without making a profit for several, several years. In order to speed up that time (and save the company) they'd have to raise prices, and less people would be interested in their product.  Google really pulled off something huge, here. I'm pretty excited for what their doing (even if my stupid neighbors didn't sign up and I don't get to reap the benefits). I'm interested to see what effects this has on a larger scale when they start moving to other cities."}
{"_id": "576846", "title": "", "text": "To me, the simple answer might be to tap the equity in the $400k home you owe $77k on and use the proceeds to purchase the new retirement home. Even if you were to do that, you'd still have almost $100k in untapped equity in the existing home, no mortgage on the retirement home, nothing out of pocket (other than refi fees), and probably no more of a mortgage payment than you already have on the house with equity.  I don't see any reason why the bank wouldn't go for that, especially if you've got a good payment history on your existing mortgage. I hope this helps. Good luck!"}
{"_id": "576861", "title": "", "text": "No? Is that a joke? You learn things in Law School that you have to go to Law School to learn. You learn math when you get an MS in Math that you have to go to Grad School to learn. BSchool is a joke and there is little if any meaningful knowledge being gained during your 2 years of partying and networking..."}
{"_id": "576865", "title": "", "text": "It would be the sales revenue less everything else. When he says reinvest, that is to say they keep all of the post-tax earnings and place it in retained earnings. This means that it is still the companies money to invest and use to fulfill their goals. If they didn't have any worthy investing opportunities, they could issue dividends. So say your cost of capital is, eeeeeh, 15%. And the best investment you can make will earn you 12%. That's a loss of value. So the company, acting in the investors best interests, will give those funds back so that the investors can allocate that money to more efficient areas. Dividends are one mechanism a company has to control their rate of growth."}
{"_id": "576873", "title": "", "text": "You can receive money directly into your savings bank account. It is perfectly legal. FYI the Bank as part of regulation would report this to RBI. As the funds are received for the services you have rendered, You are liable to pay tax on the income. The income is taxed as professional income similar to the income of Doctors, Lawyers, Accountants etc. If you are paying your colleagues, it would be treated as expense. Not only this, you can also treat any phone calls you make, or equipment your purchase [laptop, desk etc] as expense. The difference become your actual income and you would be taxed as per the rate for individuals. It's advisable you contact an accountant who would advise you better for a nominal fee [few thousand rupees] and help you pay the tax and file the returns. With or without accountant It is very important for you to record all payments and expenses in a book of accounts."}
{"_id": "576875", "title": "", "text": "Amazon announced this last month. Only at Kohls and Whole Foods. They are the ones who needed this service not Walmart.  http://mashable.com/2017/09/20/amazon-returns-kohls/  Walmart returns are pretty easy. Bought some bike tires and rim that were too small, but I tried putting them on anyway. The tire ripped and tubes popped. They asked nothing just took it back I was so glad I didn't have to explain that."}
{"_id": "576876", "title": "", "text": "Took out a small loan to buy a brooks brothers suit and Allen Edmonds shoes after I graduated college (stupid? Maybe) but I wore it to my first and only interview &amp; got compliments on how I looked. Ended up getting the job (large finance firm).  I say if you can swing it, go for it. If not, any conservative suit that actually fits you will work. What you'll notice is that a cheaper suit that fits well is a lot better than an expensive one that doesn't.  Good luck!  Additionally, I just bought my second suit. Also at brooks brothers. I don't really have many clothes and I'm still building a wardrobe for myself. I know that most of my clothes will be bought at brooks though. Snobby? Maybe. I don't give a fuck though."}
{"_id": "576890", "title": "", "text": "I would personally suggest owning Mutual Funds or ETF's in a tax sheltered account, such as a 401k or an IRA, especially Roth options if available.  This lets you participate in the stock market while ensuring that you have diversified portfolio, and the money is managed by an expert.  The tax sheltered accounts (or tax free in the case of Roth accounts) increase your savings, and simplify your life as you don't need to worry about taxes on earnings within those accounts, as long as you leave the money in. For a great beginner's guide see Clark's Investment Guide (Easy)."}
{"_id": "576894", "title": "", "text": "\"Having thought about it, I decided to start with another book by the same author : \"\"The Interpretation of Financial Statements\"\". I do not have a sufficiently strong basis to know what either \"\"The Intelligent Investor\"\" or \"\"Security Analysis\"\" are even about. Yeah, I might understand things, but I wouldn't grasp the essence, as I would be too busy figuring out what I didn't understand and miss the forest for the trees.\""}
{"_id": "576897", "title": "", "text": "\"Now asking if college is worth it?  That's not the question that should be asked.  Higher education and extended training are always a benefit at any point in life when it's of high quality.  The question that should be asked is, \"\"why is the cost of college as high as it is?\"\"  When I went to college to get my Bachelors, a semester at my state university cost $940 bucks US (this was in the early to mid 90s).  Twenty years later, that same education cost $6,500 per semester.  The main difference between these periods is that borrowing for school is now standard practice (much less so in the 90s).  Any time you need to borrow to pay for something, you're going to overpay just because you have access to credit and can keep borrowing when someone hands you a bill.  Today, kids borrow for college because they don't have much choice if their parents didn't save enough or stopped supporting them right out of high school.  And if you have this level of debt right out of college, your hands will be tied for decades - it affects things like first home buying and disposable income spending.  The only way to drive the cost of college down is to plan ahead and pay with cash - and to do that, you need to have enough luck to be born to parents who care enough to help with your future.  If schools know you can't or won't borrow to pay for an education, they adjust.\""}
{"_id": "576898", "title": "", "text": "&gt; The process initially looked straightforward - a bank had already pre-approved her mortgage, which would require a down payment that was the exact sum of her life savings. She did notice one odd clause in the contract: if no bank would approve her loan, she would lose her down payment entirely.  Am I the only one confused by this paragraph? If a bank had already pre-approved her mortgage and took her down payment, why did she need to find another bank?"}
{"_id": "576910", "title": "", "text": "Not sure why you are getting downvotes. Managing to the next quarters numbers at the expense of the future is rampant in big companies these days. I work at a big bank and it\u2019s really becoming a large problem. Individual contributors can only do so much to hide the fact that management is sacrificing the future for their quarterly bonus. In any one quarter it\u2019s no big deal but when it\u2019s done for years as is likely the case with GE it does cause huge problems."}
{"_id": "576931", "title": "", "text": "\"They're not at all the same. A Ponzi scheme is a fraudulent investment method that pays off early investors with deposits from later ones. Fractional reserve banking is the practice of keeping only a fraction of a bank's demand deposits on reserve, while lending out the rest.  The reserve requirement is how central banks limit the amount of money that can float around in commercial banks. In the latter case, there is no \"\"later investor\"\" somewhere down near the bottom of a money food chain.  Every dollar, regardless of whether it was created fresh from one of the federal reserve banks or created via several chained loans, is worth the same.  If the dollars depreciate for whatever reason, they do so for everyone. Now, if you want a good example of a Ponzi scheme that is actually legal, look at Social Security. Edit: A \"\"debt-based society\"\" is separate from fractional-reserve banking.  If the Fed creates $1,000,000, the total amount of money that can float around is still capped based on whatever the reserve requirement is.  (For a 10% reserve requirement, it's something like $10,000,000.)  We have unsustainable debt increases because of lack of self-control on the part of our leaders.  The fractional-reserve process helps it along, but it's not the culprit.  It's an enabler.\""}
{"_id": "576933", "title": "", "text": "So no single bank is willing to underwrite the whole issuance, and the amount each wants is only roughly a sixth of the total each? Or did Greece limit the amount of the issuance that could be underwritten by one bidder? Just trying to understand."}
{"_id": "576938", "title": "", "text": "And, you know, I got lots of respect for anybody who goes around doing magic tricks and claiming to be more of a son of god than you and I.  Why sidestep? Case the place and come back a couple of nights later and rip off their computers and whatever else you can snag. Fuck working for the worthless bastard. His paychecks probably bounce anyway."}
{"_id": "576941", "title": "", "text": "That this comment got voted up proves to me that r/econ is filled with a bunch of idiots.  Technological advances (productivity) means we should all have more than we did 30 years ago.  People SHOULD be able to make the EXACT same amount of money (adjusted for inflation) and have the exact same lifetyle AND have  acomputer vs having an Atari in the 70s.  Our society can produce a computer easier than we could make an Atari back then.    But that isn't what happened.  People barely have the same conveniences (just more advanced versions) and cannot afford MUCH more expensive things that people took for granted in the 70s.  My factory worker father, on one income, bought a $1000 stereo.  new clothes for 2 kids every year for school.  Plenty of food.  A car.  A house.  A Beta VCR that cost $400 in *1980*.  Today people buy a dvd player for $80 and you say we are doing just as well?  We had health insurance and never even thought about it.  Now people cant afford homes or health insurance, but the problem si that we have ... yearly vacations to europe.    You obviously have no idea how the middle class lives in the US, do you?"}
{"_id": "576951", "title": "", "text": "Well anyone who spends 95% of their money isn't very wise. There's really no quantifiable way to determine exactly what percentage they spend, but I seriously doubt it's a tiny fraction   Edit: I'm not saying wealthy individuals spend more than half their money or even a quarter of it, but they definitely play a crucial role in the economy. Particularly, in the credit and lending markets which drives investment"}
{"_id": "576966", "title": "", "text": "Personally, it is the tenant's stupidity to leave cash and not get a receipt. If it were me, I would demand payment. But then $750 to me is a lot more than it may be to others. This is entirely a personal decision, legally I don't think the tenant has a leg to stand on because they have no proof they actually paid you, regardless of how or where they 'left it'."}
{"_id": "576968", "title": "", "text": "\"This may seem overly simple, but the most important thing to know is \"\"live beneath your means\"\". If your income is, for example, $2000 per month, spending $2001 or more per month is a sure path to ruin. Spending $1999 or less is the secret to success.  Everything else on this forum is mere commentary on the above.\""}
{"_id": "576976", "title": "", "text": "\"Am I getting it right that in India in terms of short selling in F&O market its what in the rest of the world is called naked short and you actually make promise to depositary that you will deliver that security you sold on settlement without actually owning the security or going through SLB mechanism? In Future and Options; there is no concept of short selling. You buy a future for a security / index. On the settlement day; the exchange determines the settlement price. The trade is closed in cash. i.e. Based on the settlement price, you [and the other party] will either get money [other party looses money] or you loose money [other party gets the money]. Similarly for Options; on expiry, the all \"\"In Money\"\" [or At Money] Options are settled in cash and you are credit with funds [the option writer is debited with funds]. If the option is \"\"out of money\"\" it expires and you loose the premium you paid to exercise the option.\""}
{"_id": "576983", "title": "", "text": "I think the issue is that he didn't make a good product. They are bow ties, c'mon. The Shark Tank producers saw this and knew it was a good marketing ploy. If he came in here and had invented the zipper tie that would have been praise worthy.  I'm almost certain that him being black is the ONLY reason we even know his name. That pisses people off because nobody likes seeing people get things they don't deserve.   I'd go on a rant about affirmative action but this isn't /r/politics....although now that I think about it if it was I'd still get -100,000 case that place is cray left.  edit: not that there is anything wrong with being left, but being cray left is."}
{"_id": "576985", "title": "", "text": "How long you need to keep tax records will depend on jurisdiction. In general, if you discard records in a period of time less than your tax authority recommends, it may create audit problems down the road. ie: if you make a deduction supported by business expense receipts, and you discard those receipts next year, then you won't be able to defend the deduction if your tax authority audits you in 3 years. Generally, how long you keep records would depend on: (a) how much time your tax authority has to audit you; and (b) how long after you file your return you are allowed to make your own amendments. In your case (US-based), the IRS has straight-forward documentation about how long it expects you to keep records: https://www.irs.gov/businesses/small-businesses-self-employed/how-long-should-i-keep-records Period of Limitations that apply to income tax returns Keep records for 3 years if situations (4), (5), and (6) below do not apply to you. Keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return. Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction. Keep records for 6 years if you do not report income that you should report, and it is more than 25% of the gross income shown on your return. Keep records indefinitely if you do not file a return. Keep records indefinitely if you file a fraudulent return. Keep employment tax records for at least 4 years after the date that the tax becomes due or is paid, whichever is later. Note that the above are the minimum periods to keep records; for your own purposes you may want to keep them for longer periods than that. For example, you may be in a position to discover that you would like to refile a prior tax return, because you forgot to claim a tax credit that was available to you. If you would have been eligible to refile in that period but no longer have documentation, you are out of luck."}
{"_id": "576999", "title": "", "text": "First, I suggest that the route gives you the discount. You work the block with goldman and they say that if you work 20 blocks with them you get 50bps back, regardless of the issue.  Also, as a hedge fund you have a very different model than an ETF or MF.  That said, how exactly would that this be disclosed to the investor? Is there a standard in place for that?"}
{"_id": "577008", "title": "", "text": "I'm sorry I guess what i meant to say was, what's the downside here? Why isn't everyone doing this, what am i missing? Someone clarified that i'm completely exposed to FX risk if I bring it back.   What if I am IN australia, how would I do this, short USD's?"}
{"_id": "577047", "title": "", "text": "Thanks for your comment! I don't understand what you mean by 'thinking their funny... in the graph...?' I also didn't set out to influence you, it is statistics from sproutsocial with I elaborated on.   I understand your cynicism of bad products, but how will people find out about your good product? It's about marketing, not sales.   I 100% agree with your grandfatherThe whole point of the article is to encourage businesses and brands to storytell instead of sell.   Thanks again for your time"}
{"_id": "577051", "title": "", "text": "We need to be careful what we are talking about here. Inflation on a economy-level scale at an expected rate will not change consumer habits because the price increase is manageable. You have to realize that prices are not increasing in isolation: wages will have to rise along too.  High inflation that is expected will increase consumption of durable goods, as people attempt to 'get rid of their money' before the price changes on them. A good example of this was post-WWI germany, where hyperinflation was so bad that offices began to pay their employees twice daily, so they could adjust their wages, and so that their employees could go out during lunch and after work to buy something with the money before the price changed on them. Unexpected inflation may cause a temporary dip in spending until wages adjust, however consumers still need to buy, so they will likely push for higher wages, leading to consumption to stay about level. There is another effect to inflation as well: People who have savings will have their savings eroded over time if the economy is inflationary. To preserve their wealth, they will invest it. In a deflationary environment, money will increase in value simply by being hoarded, so they will be less willing to invest it. Deflation also increases the cost of interest on a loan, while inflation decreases it. So the overall effect is for an increase in spending under inflation, and a decrease under deflation. The person you have quoted is quite wrong. Price increases in a particular sector will cause consumer spending to decrease but this is a bad example, as it is not inflation, but rather a supply/demand problem of a particular consumer good. They are applying a micro-economic model (price increases of a single good) to a macroeconomic problem (price increases in the entire economy) when price increases at a global scale have the opposite effects. A good theoretical test of this is: what would happen if everyone in the US suddenly had twice as much money? (Ignoring international trade, of course). The answer: prices will double, and nothing else will change. The reason is, people will have more money to spend, but will require more money for their services, so in the end it all cancels out."}
{"_id": "577062", "title": "", "text": "Historical volatility of a stock is going to be based on past performance, basically its current trend.  That can be useful, but really is no indication of how it will perform in the future.  Especially with a big swing in the market. Now if you're talking about implied volatility (IV) of an options contract, that's a little different.  IV is derived from an option\u2019s price and shows what the market \u201cimplies\u201d about the stock\u2019s volatility in the future. Thus it is based on the actions of active traders and market makers.  So, it gives you a bit more insight into what's going on, but at times has less to do with fundamentals. I guess a good way to think of IV based on options contracts is as an educated opinion, of the market as a whole, with regards to how much that stock could likely move over a period of time (options expiration). Also note that IV represents the potential for a stock to move, but it does not forecast direction. I don't know of any studies off the top of my head, but I'm sure there have been plenty."}
{"_id": "577074", "title": "", "text": "Audible has it.    http://www.audible.com/pd/Business/How-to-Win-Friends-Influence-People-Audiobook/B002V5BV96/ref=a_search_c4_1_1_srTtl?qid=1409496635&amp;sr=1-1  No clue on torrents.    If I had to pick three for someone just starting, grab the above and One up on Wall Street and Getting to Yes.    That would put you on a great path.  There is a lot of garbage in the category, but On Up was my beginning investment bible in high school and Getting to Yes is something anyone should read/listen to get a better understanding of basic negotiation."}
{"_id": "577075", "title": "", "text": "Bloomberg terminal is a pretty standard way nowadays to get this information (and a lot more) pretty much in real time."}
{"_id": "577082", "title": "", "text": "\"Ok, I actually went and looked at the income statements for GE. They did not get a refund. They did not get a check from the government for the refund. This all took place between the balance sheet and the income statement. It goes down like this:  GE has on their books \"\"Deferred Tax Asset\"\" for XX billion dollars. This came from a year when they had an operating loss. They are carrying this loss forward as a deduction on their taxes (that's what makes it an asset, it's an asset to the company as it decreases their taxes).  For years, they've been reducing that Deferred Tax Asset account, and adding that amount to their \"\"Income After Tax\"\" amount. At the end of 2009, the amount they reduced that Deferred Tax Asset account by just so happened to be larger than the amount they decreased their income by due to taxable income that year.  For reference, their end of fiscal year 2009 pre-tax income is $9.864B, and their post tax income is $11.006B.  No one wrote them a check for the difference. It all comes from their own books.  If anyone else wants to look at the actual data and draw their own conclusions: https://www.google.com/finance?q=NYSE%3AGE&amp;fstype=ii&amp;ei=QSxpUNi4Kc3LiQKOZw On that page, click \"\"Annual Data\"\".\""}
{"_id": "577090", "title": "", "text": "http://www.euroinvestor.com/exchanges/nasdaq/macromedia-inc/41408/history will work as DumbCoder states, but didn't contain LEHMQ (Lehman Brother's holding company). You can use Yahoo for companies that have declared bankruptcy, such as Lehman Brothers: http://finance.yahoo.com/q/hp?s=LEHMQ&a=08&b=01&c=2008&d=08&e=30&f=2008&g=d but you have to know the symbol of the holding company."}
{"_id": "577122", "title": "", "text": "\"I agree with you the practical knowledge and experience is way more important than a piece of paper.  Bill Gates did not need to finish college to do what he did. Check many many extremely successful people and how much college they had.  But \"\"faking\"\" that you have a degree is not a good idea.  Confronting HR that you deserve the position and promotion despite lack of diplomas is a better way.\""}
{"_id": "577126", "title": "", "text": "unregister for child benefit but apparently If I do that then my wife will stop getting the automatic national insurance stamp each year and will lose years of state pension You probably got this wrong according to Citizen's Advice. You can choose not to receive any Child Benefit, if you don't want to pay the extra tax. However, HMRC is encouraging you to still fill out a Child Benefit claim form even if you choose not to actually receive any Child Benefit payments from them. This is because filling your claim form for Child Benefit can help you build up national insurance credits which can help protect your future state pension. This is particularly important if you've stopped work to look after children full time. It can also help protect your entitlement to other benefits such as Guardian's Allowance, and ensure your child is automatically issued with a National Insurance number before their 16th birthday. Completing a Child Benefit claim form will make it easier for payments to start again if your circumstances change and your income falls below the \u00a350,000 limit. As for Self Assessment If you decide to continue getting Child Benefit, you'll have to fill in a self-assessment tax return. This is when you'll have to declare you were getting Child Benefit and pay the extra tax, known as the High Income Child Benefit Charge. You'll have to register for self-assessment if you are not already registered. You can choose to pay the tax charge either: The following is important though:-   It is your responsibility to pay the extra tax, even if you don't hear from HMRC. SOURCE"}
{"_id": "577127", "title": "", "text": "&gt; The most important pieces of any corporate structure are (1) clarity of roles, (2) accountability, and (3) ease of communication.  I have to agree and second this wholeheartedly. Every place I have seen failures occur were almost completely because of at least 1 of these things being absent. To clarify, every one of those failures could have been avoided if the focus had been shifted onto fixing these 3 items inside operations.   &amp;nbsp;   The largest ones were due mostly to accountability and communications issues. The clarity of roles can be overcome in dynamic environments with absolute focus on the other two. Accountability is a two-way street though. This is especially true in any environment that is measured on metrics. One example is below:   &amp;nbsp;   Operations environment for any type of ticketing &gt; resolution work. This could be anything IT, service or delivery related that has any form of SLA. A common occurrence that is overlooked in metrics environments is whether or not an issue being forwarded, escalated or otherwise dumped onto any other entity, including initial submission, has all the needed information to complete or resolve the task at hand. In this example metrics are usually tracked with timers ticking once the task has been assigned to the next entity. If the task requires certain information or details before it can be acted upon or completed, then the receiving entity can't proceed. This specific instance, there was no communication channel back to the submitting internal entity to obtain the info, leaving the only option to reject the task. Instead of addressing the root problem of communication, mgmt cranked down on accountability towards the team that rejected the task. This started causing all sorts of issues with SLAs going way outside of acceptable metrics and no one with authority to fix it could figure out why. So, *logically* a more in-depth approach was taken to intensify the unidirectional accountability that caused the problem. This did not fix the issue and led to too many good people being fired for failing to meet SLAs. They brought in a consultant to fix the problem, who took the same approach as before. Meanwhile, people on the team being held accountable for completing these tasks that were poorly communicated had been trying to explain why this wasn't working. Mgmt wouldn't listen to a single sentence from these people. Things went very bad. in this case everything could have been completely avoided; or at least fixed if communication was allowed in both directions in order to understand that accountability also needed to be implemented in the other direction so that the team assigned the initial task actually received all the information required to complete said task.   &amp;nbsp;   They sacked 1/2 the team before any improvement occurred. What they did in the long run to fix it was move the entire task role to the costly initial internal submitting entity, and downsized the role and scope of the less costly team that only needed information. They effectively cost the company millions in lost productivity.      I watched this occur with my own 2 eyes from an internal perspective the entire time trying to get them to avoid such a pitfall. A one-way / top-down only perspective on communication and accountability only hurts everyone involved. Just my $0.02. Cheers :)"}
{"_id": "577128", "title": "", "text": "This podcast really opened my eye to Netflix's toxic culture.  Netflix can still continue to get away with this short term thinking culture because it's still growing. Once growth stopped, I don't think current culture is sustainable.  They'll have to reinvent themselves again or die.    It made me question the value of unlimited vacation and one year maternity Netflix so proudly advertised. I suspect any Netflix employee  who plan to take those benefits will find themselves unemployed very quickly."}
{"_id": "577134", "title": "", "text": "Your goals are mutually exclusive.  You cannot both earn a return that will outpace inflation while simultaneously having zero-risk of losing money, at least not in the 2011 market. In 2008, a 5+% CD would have been a good choice. Here's a potential compromise... sacrifice some immediate liquidity for more earnings. Say you had $10,000 saved: In this scheme, you've diversified a little bit, have access to 50% of your money immediately (either through online transfer or bringing your bonds to a teller), have an implicit US government guarantee for 50% of your money and low risk for the rest, and get inflation protection for 75% of your money."}
{"_id": "577139", "title": "", "text": "If you give money to a person or entity, and they don't have the ability to pay you back, it doesn't matter if they are legally required to pay you."}
{"_id": "577141", "title": "", "text": "So many of our generation worked at these chain restaurants in the 2000s that it's no secret most of the food is frozen and microwaved.  We can microwave food ourselves at home with no markup, and seek out real restaurants that actually traditionally cook food."}
{"_id": "577147", "title": "", "text": "\"&gt;**Paulson explained that under this scenario, the common stock of the two government-sponsored enterprises, or GSEs, would be effectively wiped out.** So too would the various classes of preferred stock, he said.  &gt; &gt;The fund manager says he was shocked that Paulson would furnish such specific information  Despite what is claimed by the \"\"law professors\"\", what could possibly be considered any COMPELLING reason for him to share that VERY specific level of detail?  I think the \"\"law professors\"\" are full of *shill* on this one.  ---  And Black makes that exact point:  &gt;William Black, associate professor of economics and law at the University of Missouri-Kansas City, can\u2019t understand why Paulson felt impelled to share the Treasury Department\u2019s plan with the fund managers. &gt; &gt;\u201cYou just never ever do that as a government regulator -- transmit nonpublic market information to market participants,\u201d says Black, who\u2019s a former general counsel at the Federal Home Loan Bank of San Francisco. \u201cThere were no legitimate reasons for those disclosures.\u201d   And apparently, one fund manager was of the same opinion:  &gt;The fund manager who described the meeting left after coffee and called his lawyer. The attorney\u2019s quick conclusion: Paulson\u2019s talk was material nonpublic information, **and his client should immediately stop trading the shares** of Washington- based Fannie and McLean, Virginia-based Freddie.   **I don't buy into ANY of the rationalizations around this, Paulson was no neophyte, no kid straight off some Iowa farm, who was naive to the ways of finance.**\""}
{"_id": "577150", "title": "", "text": "\"There are many different types of drugs. Some last longer in the system than others. The one Armstrong used doesn't last very long. Some idiots use drugs that last in the system longer and/or weren't smart enough to delay the tester.  Tests are also different. Tests can catch some drugs in the system, but not others as. They develop new tests to catch the newer drugs, or to just be more effective at testing existing drugs.  Armstrong used a combination of these techniques, he used a drug that doesn't last very long in the system, and delayed testers through various means so that they never ended up testing him in the period in which the drug was detectable.  Is that too hard for you to understand?  Also  &gt;Drug testing catches other dopers  No Not always.. There are undoubtably other dopers who weren't caught yet, and probably used the same system as Armstrong. They just weren't caught because there is much greater scrutiny on Armstrong as he's usually regarded as the best.  If you think physical evidence is an absolute requirement, well, you're an idiot. If I kidnapped a person in broad day light yet there was no video recording of it and the only thing to go by was the testimonies of 26 witnesses, you think I should be let go just because they haven't found the kidnapped person yet and there was no \"\"physical\"\" evidence left behind?  Anyway I'm done arguing with you because you genuinely are a fucking idiot.\""}
{"_id": "577152", "title": "", "text": "&gt;Sherlock Holmes?!? Shit has to go public domain sometime.  It is, the case was that the Doyle estate was trying to extort licensing fees from publishers with the hope that no one would challenge them because the fee was less than the cost to litigate."}
{"_id": "577155", "title": "", "text": "How about starving children all over the world.  That could be fed by these turkeys.  Or maybe the coming elections for the United States.  Or maybe SOPA.  There are numerous things that require more of my attention than an animal I am going to eat, not being treated so nice."}
{"_id": "577189", "title": "", "text": "No.    Net profit is calculated after taxes. Loan interest is an expense, so it will result in the company paying less taxes (it acts as a tax shield), so net profit should still be positive. How much will depend on tax and interest rate.    Only the portion of the $1.000.000 that correspond to interest is an expense. Principal payments are not."}
{"_id": "577200", "title": "", "text": "First, we need to be clear about what the allowances on your W-4 mean. The more allowances you claim, the lower tax liability it is assumed that you have, and they will take less tax out of your check. So claiming 2 allowances will result in a bigger paycheck and less tax withholding than claiming 0 allowances would.  If you claim 0 allowances, you are in no danger of having too little tax withheld; instead, that would result in the maximum tax withheld. So 0 allowances is certainly an option, if you want to play it safe.  This being your first year with these jobs, it's hard to know what to claim on your W-4. When you do your taxes next year, you can see if the withholding was too much or just right; if your refund is too big, you can increase your allowances for next year.  That having been said, I don't like getting big refunds; I'd rather have a bigger paycheck all year. If I were you, I'd probably claim 1 or 2 allowances at the new job, and adjust it next year if needed. At your income level, you aren't really in any danger of getting in trouble for having too little withheld.  Good luck with the new job. Game testing has always seemed like a dream job to me. :)"}
{"_id": "577201", "title": "", "text": "As Sean pointed out they usually mean LIBOR or the FFR (or for other countries the equivalent risk free rate of interest). I will just like to add on to what everyone has said here and will like to explain how various interest rates you mentioned work out when the risk free rate moves: For brevity, let's denote the risk free rate by Rf, the savings account interest rate as Rs, a mortgage interest rate as Rmort, and a term deposit rate with the bank as Rterm. Savings account interest rate: When a central bank revises the overnight lending rate (or the prime rate, repo rate etc.), in some countries banks are not obliged to increase the savings account interest rate. Usually a downward revision will force them to lower it (because they net they will be paying out = Rf - Rs). On the other hand, if Rf goes up and if one of the banks increases the Rs then other banks may be forced to do so too under competitive pressure. In some countries the central bank has the authority to revise Rs without revising the overnight lending rate. Term deposits with the bank (or certificates of deposit): Usually movements in these rates are more in sync with Rf than Rs is. The chief difference is that savings account offer more liquidity than term deposits and hence banks can offer lower rates and still get deposits under them --consider the higher interest rate offered by the term deposit as a liquidity risk premium. Generally, interest rates paid by instruments of similar risk profile that offer similar liquidity will move in parallel (otherwise there can be arbitrage). Sometimes these rates can move to anticipate a future change in Rf. Mortgage loan rates or other interests that you pay to the bank: If the risk free rate goes up, banks will increase these rates to keep the net interest they earn over risk free (= \u0394r = Rmort - Rf) the same. If Rf drops and if banks are not obliged to decrease loan rates then they will only do so if one of the banks does it first. P.S:- Wherever I have said they will do so when one of the banks does it first, I am not referring to a recursion but merely to the competitive market theory. Under such a theory, the first one to cut down the profit margin usually has a strong business incentive to do so (e.g., gain market share, or eliminate competition by lowering profit margins etc.). Others are forced to follow the trend."}
{"_id": "577221", "title": "", "text": "First off, congratulations on taking care of your finances and paying off your cards!  Takes a lot of discipline.   If your next oldest card is just a year apart, you can safely close this card."}
{"_id": "577251", "title": "", "text": "And a large part of these kind of phenomenon that we see between the US and Europe just emerge from little initial differences which then carry out and compound themselves over time.   For example, in the US, most people get their health insurance from the company they work for, because during WWII, the government obviously instituted a draft. But what is not as obvious, is that to keep wages low to keep the price of goods low, they insituted a wage freeze. The only way companies could compete and incentivize workers was through ancillary benefits. Health insurance being the most appealing."}
{"_id": "577258", "title": "", "text": "As with most things accounting/tax related it depends. In general though yes. As an example, if the client were to buy equipment on credit before fiscal year end, in lets say December, but did not pay until the next year started in January, then under cash basis they would not have the purchase accounted for until they made payment. That means they could not claim any deductions from the purchase. Under accrual, the purchase would have been put on the books in December, when the equipment was installed, and they would have been able to claim any deductions."}
{"_id": "577264", "title": "", "text": "And what about all of the people who DON'T respond.  Heck, what is the ratio of responses to graduates?  Are you 100% certain that ALL of the responses (even really NEGATIVE ones) are being made available to you?  And how in the world would you know?  Selection bias is virtually ALWAYS towards the positive in regards to shit like this.  That's not even taking into account that surveying only GRADUATES is in and of itself a bias (survivorship).  *I have no doubt that you have HEARD of the terms, but it is fairly obvious that you really don't COMPREHEND the effects of those biases.*  Have fun with that."}
{"_id": "577280", "title": "", "text": "It is also much easier for a country to spend money on infrastructure when its citizens barely have any recourse to contest public projects. Could you imagine the headlines, protests, and etc. if the US government decided to displace 1.3 million people and submerge many historic/cultural sites to build a new power plant?"}
{"_id": "577281", "title": "", "text": "Have you ever thought that how we get protected from small ailments like cold, or any other infections? Then it is the Antibodies are those things that protect us from various Infections. These are large Protein molecules white cells. Custom Antibody produced by the immune system in the response to the presence of antigens in the human body."}
{"_id": "577283", "title": "", "text": "Helping people in need of money since 2002. Provided and still providing loans to foreigners and local singaporeans. All kinds of loan available. From personal loan to payday loans to foreigner loans and even business loans. 2 Jurong East Street 21 #04-01A IMM Building Singapore 609601 to find our office. +65 6899 6188 to get in touch with us. Learn more info. check out here: http://www.quickcredit.com.sg/moneylender-yishun"}
{"_id": "577284", "title": "", "text": "Maybe you should consider setting up a Taxpayer Identification Number (TIN) for your business dealings as a landlord and consider providing that instead of your SSN for this type of thing. I am assuming (if this is legitimate) they want it so they can send you a 1099 as they might be obligated to do if they are claiming the rent as a business expense. Also, I'd suggest having the tenant tell their employer to contact you directly. There is no need for the tenant in this situation to also get your SSN/TIN."}
{"_id": "577285", "title": "", "text": "\"Holy fuck, what the fuck are you talking about?   &gt; Walmart operates on a \"\"just in time\"\" basis that they operate themselves, with as many walmarts that exist around the country, you can go witness this by yourself, every day of the week 364 days a year.  What does this sentence mean? Is this even English?   If you're saying Wal-Mart is the only company that uses just-in-time logistics, you're cluelessly wrong. It's been pretty standard across many companies for decades.  Amazon, however, has taken logistics to another level of innovation. For example, Amazon's Vendor Flex program takes advantage of its suppliers' warehouses instead of its own.   A supplier like Proctor &amp; Gamble fences off a section of its warehouse for Amazon orders, and Amazon employees fulfill orders straight from that location. This saves time and money for both. P&amp;G doesn't need to ship to an Amazon warehouse, and Amazon doesn't need to store inventory for even a second.  Amazon is the leader in innovations like this, and its willingness to share data and create partnerships with its suppliers has helped its partners find and create efficiencies to pass on to Amazon's customers. For example, suppliers receive real-time data to predict demand, rather than guessing how much product to make for the next bulk order.  Meanwhile, Wal-Mart is doing stuff the old-fashioned way: ordering products from suppliers, moving them to distribution centres and then to stores.  And while Wal-Mart is good at getting stuff into stores, it's hopelessly lost trying figure out [last mile](https://www.datexcorp.com/last-mile-delivery-part-1-omni-channel-retail-affecting-transportation-logistics/) delivery \u2014 the final delivery to people's homes.   Wal-Mart's method is to get customers to drive to them, or even to get their [employees to drop off orders on their commutes home](https://www.theguardian.com/business/2017/jun/02/walmart-asking-staff-to-deliver-online-orders-on-their-way-home).  Amazon has that stuff mastered and is getting better all the time.  ----------------  &gt;The only thing Amazon can bring to the equation is a system in which WF suddenly can operate at a loss and Amazon share holders simply don't care, like they haven't cared for the last 20 years amazon has made \"\"no money\"\".  Whole Foods has been horribly inefficient, especially with regards to how it works with smaller, local suppliers in many different locations.  Amazon has long figured out how to efficiently get products from many thousands of small suppliers.   ---------  Edit: Get a clue, learn English, and learn how to spell \"\"blatantly\"\" before you start criticizing others.\""}
{"_id": "577287", "title": "", "text": "\"Of course Goldman Sacs sells the bonds to the fed without charging a commission. They are  well known for their compassionate altruism. Just kidding! Of course they charge. The Federal Reserve Act specifies that the Federal Reserve buy and sell Treasury securities only in the \"\"open market.\"\" The Federal Reserve conducts its purchases through \"\"Primary Dealers\"\" - usually Goldman Sacs-these btw are older securities. The new ones such as the fed has been gobbling up lately are sold at auction.  This supposedly supports the central banks independence in conducting monetary policy but still doesn't seem right. But then the fact that we have a central bank at all instead of the U.S. Treasury printing the money, doesn't seem quite right either now does it?\""}
{"_id": "577298", "title": "", "text": "Also with HTTP2 it's the default protocol.  Also in Sepetember Let's Encrypt will be able to generate ECDSA root and intermediates which can be used to sign end-entity certificates.  ECDSA is alot less expensive to terminate than normal RSA based certificates so the age old concern that SSL is heavy on your infrastructure is going as well."}
{"_id": "577318", "title": "", "text": "&gt;What does Trump has to do with OBAMA(!!!!)care?  Constantly ranting on twitter destabilized the individual insurance market. Trump is a shit negotiator, he can't get anything done other than signing useless executive actions.  Insurance industry doesn't want to take any chance so they take cut their losses and leave.   Don't worry, Trump is creating a lot of jobs in criminal defense legal service. Make Attorneys Get Attorneys!"}
{"_id": "577323", "title": "", "text": "\"I'll use similar logic to Dave Ramsey to answer this question because this is a popular question when we're talking about paying off any debt early.  Also, consider this tweet and what it means for student loans - to you, they're debt, to the government, they're assets. If you had no debt at all and enough financial assets to cover the cost, would you borrow money at [interest rate] to obtain a degree?  Put it in the housing way, if you paid off your home, would you pull out an equity loan/line for a purchase when you have enough money in savings?  I can't answer the question for you or anyone else, as you can probably find many people who will see benefits to either. I can tell you two observations I've made about this question (it comes a lot with housing) over time.  First, it tends to come up a lot when stocks are in a bubble to the point where people begin to consider borrowing from 0% interest rate credit cards to buy stocks (or float bills for a while).  How quickly people forget what it feels (and looks like) when you see your financial assets drop 50-60%!  It's not Wall Street that's greedy, it's most average investors.  Second, people asking this question generally overlook the behavior behind the action; as Carnegie said, \"\"Concentration is the key to wealth\"\" and concentrating your financial energy on something, instead of throwing it all over the place, can simplify your life.  This is one reason why lottery winners don't keep their winnings: their financial behavior was rotten before winning, and simply getting a lot of money seldom changes behavior.  Even if you get paid a lot or little, that's irrelevant to success because success requires behavior and when you master the behavior everything else (like money, happiness, peace of mind, etc) follows.\""}
{"_id": "577370", "title": "", "text": "\"Yes and no. Any great idea, excluding new technologies/discoveries, usually involves a trade-off. Good ideas taken to their extremes usually are pathological.  I've generally worked in the open communication environment Musk describes for most of my career for 25 years and I've seen where it works and where it doesn't, and what Musk's email misses is where it doesn't work. It is a good *starting point*.  For one thing, there need to be filters. A VP, Director, Senior Manager, CEO, or other higher up cannot deal with 1000 emails per day for ideas, criticisms, etc. He does mention avoiding \"\"chit chat\"\", but employees with \"\"good ideas\"\" for technology or business do not see their suggestions as \"\"chit chat\"\". Most actual *good* ideas from juniors are too low level for senior management, such as different platforms, coding methods, etc. Most ideas that senior management are needed, like company direction, organization, etc., require a sophisticated knowledge and experience of business, contracts, etc. Most of the junior ideas I've seen, including my own, were bad ideas that came from lack of experience in business.  Or take some new HR policy. Imagine the thousands of direct responses of people straight to HR on the policy. That would grind things to a halt. The whole purpose of direct managers and supervisors is to filter information down, up, and sideways so that other people can do their jobs.  You don't want to have high-value people (knowledge, experience, specialties) spending their day dealing with emails and other people's ideas. You want them providing that value to the business. So you need filters -- people who can recognize the good from the bad and pass on the bad. That could be direct managers at the employee's side, or it could be administrative help at the department's side. Either way, it's necessary to be efficient.  Then there's the problem of including all stakeholders. If you are junior and work out a solution to a problem with a junior in another problem, but in implementing it you break a whole system (which I've seen happen), you've just caused a lot of harm to the organization. Neither of you may fully understand the implications of your solution on other things. People with responsibility for those things need to be included in the discussion and take responsibility for any implementation.  I hate bureaucracy and sometimes it can be a major inefficiency and roadblock for getting simple and obvious things done. But bureaucracy can also improve efficiency and value and a lack of it can be pathological. I've seen marketing and sales people continually take engineers off of important development work in order to build demos for potential new clients, all of which failed to materialize. Why? Because the marketing and sales people were chasing *leads* for contracts without any review of the technical solution, the ideal one, what the solution to the customer needs *really* involves. What was needed to improve efficiency was a \"\"bureaucratic\"\" process that reviewed the market opportunities with the technical offerings of the company and either reject opportunities early on or plan and schedule how best to chase the leads.  In my experience, what works best in most cases is open communication but clear guidelines (a) on what is appropriate or not to go direct, (b) that the communications are about ideas only and coming up with solutions, and (c) that actions or implementations require bringing the \"\"chain of command\"\" into the loop for comment or objection before doing anything.  Complaining to management isn't usually of much value and doesn't change much. But, identifying the problem (that is part of the complaint), identifying a workable solution with stakeholders, and asking for permission via the chain of command is usually a good way to get things done without creating the problems of a free-for-all.\""}
{"_id": "577374", "title": "", "text": "*1. Apple - holding over 100b cash in their vault more than any banks have in their reserves in the world and more than enough to pay off all of the debts of the U.S.*  There is $14 trillion in US government debt. You're off by a couple of orders of magnitude."}
{"_id": "577378", "title": "", "text": "\"They're poor because that is the default position. We don't come into this world with property to our name. It is given to us over the course of our life for a multitude of reasons: maybe we found it, won it, inherited it, earned it, stole it, and so on. It's just like being single - there isn't a reason to be in a \"\"default\"\" position, but rather a lack of reason to have moved from it.\""}
{"_id": "577379", "title": "", "text": "Most places have property taxes so I'd be shocked if the UK didn't.  If people didn't have to pay income/VAT/sales taxes then they would be able to afford the higher property taxes.  It is probably true enough though that the government is likely to not raise as much revenue (though that isn't guaranteed: more efficient taxation collection combined with more objective/simple rules for business is likely to increase real economic growth).  As a person who thinks government has expanded well beyond what is good for society however, I see the shrinking of government as a good thing."}
{"_id": "577381", "title": "", "text": "This is a question of how does someone value a business.   Typically, it is some function of how much the company owns, how much the company owes, how risky is the company's business, and how much the company makes in profit. For example if a company (or investment) make $100/year, every year no matter what, how much would you pay for that?   If you pay $1,000 you'll make 10% each year on your investment.  Is that a good enough return?   If you think the risk of the company requires a 20% payoff, you shouldn't pay more than $500 for the company."}
{"_id": "577382", "title": "", "text": "Ha! I'm not calling you out here, apologies if it seemed that way. Disagreements over the Internet tend to feel like attacks.  My experiences with mental health have shown me that the path toward success is far less linear than for healthy people. And because everyone is brought up so linear, many end up lost. But that's what makes mental health sufferers all the more interesting.  18 months ago I was bussing tables and thought life was over. Alongside my partner, we now employ 3 doctors and 7 other staff, treat mental health issues, and we have 2 clinics with an aim for 5 by year end. I'm in my mid twenties- life finds a way. And you're right to avoid excuses at all costs."}
{"_id": "577411", "title": "", "text": "That's not how business works. Have you ever owned a business? Economics doesn't work that way. The market doesn't work that way. You're saying pretty words that are idealistic but those things would never work practically. You know where has laws like that? Cuba. You should see how they're doing. The reason America is America is because of the system. The most innovation comes from here. You're basically trying to neuter business. No one starts a company to with the intention of making jobs you're doing it do make money and work for yourself, and it grows. And you can't just make rules for public companies to not pay attention to profits, the entire wall street system would crash. And if you think that's fine, you don't seem to know what it is to the economy."}
{"_id": "577442", "title": "", "text": "I'm simply pointing out that most automakers (successful and not) have primarily focused on how to build their companies, gain market share, and try to anticipate consumer wants and trends.   You are correct in saying, by definition the successful ones have done better.  As well, yes, Tesla is not catering to the minivan users of the world at the moment (although it's expanding into SUVs). But it has no reason to, that's not it's market at the moment.   I'm saying that it's impressive that the company knows it's market and is willing to sacrifice profits to a degree to make it more attractive to its market. Ironically, what it's doing is actually using something that is generally appreciated by the majority of consumers."}
{"_id": "577443", "title": "", "text": "Well said, but I disagree with this:  &gt;All natural means having no teeth and dying in your 20s-30s.  That depends entirely upon the era and civilization.   Also, many of the chemical 'enhancements' you mention are really just to allow you to function given an unhealthy diet. They're just bringing you to a level of function that's less below what it would have been had you lived a healthy lifestyle (and not been unlucky to get some horrible disease)."}
{"_id": "577472", "title": "", "text": "\"Wow, that's expensive.  Here's a list of the channels you get for the 30\u20ac plan:  http://media.abonnez-vous.orange.fr/medias/pdf/divers/chaines-TV.pdf  ( You have to pay extra for the ones in gray and the first 19 channels are free even without a subscription )  There are probably much less channels than in the US but you probably only watch 1% of the available channels.  Since I just checked, extra channels (like Canal+ which you could say is the french equivalent of HBO) are pretty expensive (40\u20ac/month). But I only watch American shows \"\"on the internet\"\" so I wouldn't know ;)\""}
{"_id": "577475", "title": "", "text": "In short, I suggest you take a look at your W-4 form and adjust it properly. And yes you can claim your self as a dependent, unless someone else is claiming you. But here is a more detailed explanation of how it works. How Income Tax Works. While most people tend to only think about the tax system and the Internal Revenue Service (IRS) as the month of April approaches, it's actually a never-ending process. For our purposes, a good way to explain how the system works is to give an example of one American income earner, we will call him Joe. The tax process begins when Joe starts his new job. He and his employer agree on his compensation, which will be figured into his gross income at the end of the year. One of the first things he has to do when he's hired is fill out all of his tax forms, including a W-4 form. The W-4 form lists all of Joe's withholding allowance information, such as his number of dependents and child care expenses. The information on this form tells your employer just how much money it needs to withhold from your paycheck for federal income tax. The IRS says that you should check this form each year, as your tax situation may change from year to year. Once Joe is hired and given a salary, he can estimate how much he will pay in taxes for the year. Here's the formula: At the end of each pay period, Joe's company takes the withheld money, along with all of withheld tax money from all of its employees, and deposits the money in a Federal Reserve Bank. This is how the government maintains a steady stream of income while also drawing interest on your tax dollars. Toward the end of the tax year, Joe's company has to send him a W-2 form in the mail. This happens by January 31. This form details how much money Joe made during the last year and how much federal tax was withheld from his income. This information can also be found on Joe's last paycheck of the year, but he'll need to send the W-2 to the IRS for processing purposes. At some point between the time Joe receives his W-2 and April 15, Joe will have to fill out and return his taxes to one of the IRS service and processing centers. Once the IRS receives Joe's tax returns, an IRS employee keys in every piece of information on Joe's tax forms. This information is then stored in large magnetic tape machines. If Joe is due a tax refund, he is sent a check in the mail in the next few weeks. If Joe uses e-File or TeleFile, his refund can be direct-deposited into his bank account."}
{"_id": "577479", "title": "", "text": "\"I recently moved out from my parents place, after having built up sufficient funds, and gone through these questions myself. I live near Louisville, KY which has a significant effect on my income, cost of living, and cost of housing. Factor that into your decisions. To answer your questions in order: When do I know that I'm financially stable to move out? When you have enough money set aside for all projected expenses for 3-6 months and an emergency fund of 4-10K, depending on how large a safety net you want or need. Note that part of the reason for the emergency fund is as a buffer for the things you won't realize you need until you move out, such as pots or chairs. It also covers things being more expensive than anticipated. Should I wait until both my emergency fund is at least 6 months of pay   and my loans in my parents' names is paid off (to free up money)? 6 months of pay is not a good measuring stick. Use months of expenses instead. In general, student loans are a small enough cost per month that you just need to factor them into your costs. When should I factor in the newer car investment? How much should I   have set aside for the car? Do the car while you are living at home. This allows you to put more than the minimum payment down each month, and you can get ahead. That looks good on your credit, and allows refinancing later for a lower minimum payment when you move out. Finally, it gives you a \"\"sense\"\" of the monthly cost while you still have leeway to adjust things.  Depending on new/used status of the car, set aside around 3-5K for a down payment. That gives you a decent rate, without too much haggling trouble. Should I get an apartment for a couple years before looking for my own   house? Not unless you want the flexibility of an apartment. In general, living at home is cheaper. If you intend to eventually buy property in the same area, an apartment is throwing money away. If you want to move every few years, an apartment can, depending on the lease, give you that. How much should I set aside for either investment (apartment vs   house)? 10-20K for a down payment, if you live around Louisville, KY. Be very choosy about the price of your house and this gives you the best of everything. The biggest mistake you can make is trying to get into a place too \"\"early\"\". Banks pay attention to the down payment for a good reason. It indicates commitment, care, and an ability to go the distance. In general, a mortgage is 30 years. You won't pay it off for a long time, so plan for that. Is there anything else I should be doing/taking advantage of with my   money during this \"\"living at home\"\" period before I finally leave the   nest? If there is something you want, now's the time to get it. You can make snap purchases on furniture/motorcycles/games and not hurt yourself. Take vacations, since there is room in the budget. If you've thought about moving to a different state for work, travel there for a weekend/week and see if you even like the place. Look for deals on things you'll need when you move out. Utensils, towels, brooms, furniture, and so forth can be bought cheaply, and you can get quality, but it takes time to find these deals. Pick up activities with monthly expenses. Boxing, dancing, gym memberships, hackerspaces and so forth become much more difficult to fit into the budget later. They also give you a better credit rating for a recurring expense, and allow you to get a \"\"feel\"\" for how things like a monthly utility bill will work. Finally, get involved in various investments. A 401k is only the start, so look at penny stocks, indexed funds, ETFs or other things to diversify with. Check out local businesses, or start something on the side. Experiment, and have fun.\""}
{"_id": "577480", "title": "", "text": "**Bakgrunn**  Som en prosess, [risikostyring](http://www.mitre.org/publications/systems-engineering-guide/acquisition-systems-engineering/risk-management/risk-management-approach-and-plan) brukes til \u00e5 identifisere og unng\u00e5 potensialet kostnader, timeplan og ytelse og teknisk risiko til et system, ta en proaktiv og strukturert tiln\u00e6rming til \u00e5 h\u00e5ndtere negative resultater, svare p\u00e5 dem hvis de oppst\u00e5r, og identifisere potensielle muligheter som kan skjules i situasjonen. Risiko tiln\u00e6rming og [plan operationalize](http://dymanassociatesprojects.com/) m\u00e5lsettingene ledelse.  Fordi ingen to prosjekter er like, burde risiko tiln\u00e6rming og plan v\u00e6re avpasset \u00e5 omfanget og kompleksiteten i enkeltprosjekter. Andre hensyn inkluderer roller, ansvar og st\u00f8rrelsen p\u00e5 prosjektgruppen, risiko administrasjon prosessene n\u00f8dvendig eller anbefalt av regjeringen organisasjonen og de risikoen verkt\u00f8yene tilgjengelig for prosjektet.  Risikoen oppst\u00e5r hele spekteret av regjeringen og dens [ulike bedrifter](https://twitter.com/dymanassociates), systemer-av-systemer og individuelle systemer. P\u00e5 systemniv\u00e5 sentre risiko fokus vanligvis p\u00e5 utviklingen. Risiko finnes i operasjoner, krav, design, utvikling, integrasjon, testing, oppl\u00e6ring, fielding, etc. For systemer-av-systemer, avhengighet risikoen stige til toppen. Jobber konsekvent over system-av-systemer [synkronisere evneutvikling og fielding](http://dymanassociatesprojects.tumblr.com/), vurderer om de skal grensesnitt, sammen, eller integrere, og risiko forbundet med disse banene alle kommet i forgrunnen i system-av-systemer milj\u00f8. P\u00e5 organisasjonsniv\u00e5 blir styring og kompleksitet risiko mer fremtredende. Styring risikoen av ulike hele bedriften til fordel for virksomheten vil sildre ned til det system-av-systemer og individuelle systemer, som resulterer i potensielt uventede krav og kanskje suboptimal l\u00f8sninger p\u00e5 lavt niv\u00e5 som kan v\u00e6re fordelaktig p\u00e5 organisasjonsniv\u00e5. Den ukjente \u00f8ker og risikoen forbundet med disse-teknikker i guiden delen p\u00e5 Enterprise Engineering, som l\u00f8se koblinger, samlet arkitekturer og portef\u00f8ljestyring, kan hjelpe MITRE SE lindre disse risikoene."}
{"_id": "577495", "title": "", "text": "\"Biggest bull market in recent history going on right now.  I think the financial sector is doing just fine with the current regulations in place that require certain \"\"capital and liquidity requirements.\"\"  Awesome though they're getting rid of \"\"the Labor Department\u2019s fiduciary rule, which requires brokers to act in the best interest of their clients when providing investment advice about retirement.\"\" That will really create some jobs. /s\""}
{"_id": "577498", "title": "", "text": "Technical analysis is based more on psychology than anything else. As an example, if an analyst estimates or believes that a stock is undervalued, or simply wants to re-balance their portfolio, then they will buy some amount, moving the price up. Others in the market see the upwards move as the start of an upwards trend, an indication that the stock is undervalued or perhaps even that an insider is trading ahead of better than expected data from the firm. They then buy the stock creating a self-fulfilling prophecy and pulling more traders in as they see an upward trend being confirmed. This is even more pronounced in a bear market as fear is an even stronger driver. When a trader sees a stock is falling they are more likely to jump to the conclusion that it is due to expected poor performance of the firm and that the firm and the economy are both in trouble and going down than to think that it is simply a retrenching or a large investor re-balancing etc. To quote Credit Suisse [1]  A chart is a mirror   of the mood of the crowd and not of the fundamental factors. Thus, technical analysis is the   analysis of human mass psychology. Therefore, it is also called behavioral finance. The underlying truth that makes technical analysis work is that people are predictably irrational, at least in the short run and tend to follow the same patterns of thought. references: [1] https://www.credit-suisse.com/pwp/pb/pb_research/technical_tutorial_de.pdf [2] http://www.amazon.com/The-Psychology-Technical-Analysis-Profiting/dp/1557385432 [3] CFA level 1 syllabus"}
{"_id": "577505", "title": "", "text": "\"Putting middlemen into the equation is never going to reduce costs, but this is what the U.S. did in the 1970s when they made it much easier for new HMOs to be established and grow. Now the middlemen (HMOs, insurance companies, and their paid political toadies) have almost choked the market to death and they have no incentive to release their death grip because the status quo is profitable for them. The only way out is the single-payer solution and *everyone* -- business, government, individuals -- benefits from this *except* the middlemen and their bought-and-paid-for \"\"representative\"\" politicians.  This situation of barely functional health care in the U.S. is the perfect example of what happens when politicians are manipulated to make policy based on who gives them the most money and until the money/profit element is removed from governance it is only going to get worse.  Wealth as free speech? Yelling \"\"Fire\"\" in a packed theater is free speech too, but we don't allow it and for good reason.\""}
{"_id": "577517", "title": "", "text": "With a credit card debt at 17%, you should basically not eat in order to pay the balance off.  This should be gone within the month.   That being said, I would have a hard time reducing my contributions below the 4%, but would certainly do it to the 4%.  However, I would also deliver pizzas on nights and weekends and work all available overtime.  Coincidentally the pizza place by my home is hiring delivery drivers however, they did not disclose how much they typically make.  Only that they make min wage plus tips. Make sure you stop borrowing first, then try to have this knocked out in 4 weeks or less."}
{"_id": "577531", "title": "", "text": "If that's not a politically loaded title to your post I don't know what is.  Wal-Mart pays it's employees the wage that it is competitive, in line with similar types of work, and what it is able to afford and still offer the pricing they can on the products they offer (and still make money).  What they're doing is legal and ethical.  Additionally, if the people that work at Wal-Mart need more money than their jobs offer, what concern of their employer is that?  If the people don't like that they don't make enough money at their job and have to take welfare, then it's their responsibility to improve their situation, not their employer's to give them more money for the same work just because they don't earn enough.  Is Wal-Mart's (or any place of employment for that matter) mission to enrich their employees or to do business to make a profit?  I hope your answer is the latter.  If it's not I think you're less an advocate of business and more an advocate of socialism and wealth redistribution."}
{"_id": "577534", "title": "", "text": "Politics matter when these types of things are being initially negotiated. Otherwise an early proposal that is intended to be just a bargaining position will be reported as OBAMA IS TAKING OUR FREEDOMS, and they will be forced to remove the bargaining position by politics instead of good policy. This will be voted on by the Senate, and will have to be ratified by 67 Senators. Trust me, this treaty will have its day in front of the people."}
{"_id": "577542", "title": "", "text": "Paying off your loan in full will most likely not help your credit score, and could potentially even hurt it. Because car loans are installment loans (and thus differ from consumer credit), lenders really only like seeing that you responsibly pay off your loans on time. They don't really care if you pay it off early--lenders like seeing open lines of credit as long as you manage them well. The hard inquiry will simply lower your credit score a few points for up to two years. So, from a credit score perspective, you're really not going to help yourself in this scenario (although it's not like you're going to be plummeting yourself either)."}
{"_id": "577554", "title": "", "text": "I'm a Finance major in Finland and here is how it would go here. As you loan money to the company, the company has no income, but gains an asset and a liability. When the company then uses the money to pay the bills it does have expenses that accumulate to the end of the accounting period where they have to be declared. These expenses are payed from the asset gained and has no effect to the liability. When the company then makes a profit it is taxable. How ever this taxable profit may be deducted from from a tax reserve accumulated over the last loss periods up to ten years. When the company then pays the loan back it is divided in principal and interest. The principal payment is a deduction in the company's liabilities and has no tax effect. The interest payment the again does have effect in taxes in the way of decreasing them. On your personal side giving loan has no effect. Getting the principal back has no effect. Getting interest for the loan is taxable income. When there are documents signifying the giving the loan and accounting it over the years, there should be no problem paying it back."}
{"_id": "577573", "title": "", "text": "\"You can interpret prices in any way you wish, but the commonly quoted \"\"price\"\" is the last price traded. If your broker routes those orders, unlikely because they will be considered \"\"unfair\"\" and will probably be busted by the exchange, the only way to drive the price to the heights & lows in your example is to have an overwhelming amount of quantity relative to the order book. Your orders will hit the opposing limit orders until your quantity is exhausted, starting from the best price to the worst price. This is the functional equivalent to a market order.\""}
{"_id": "577575", "title": "", "text": "MYO Clinix\u2014the trusted name is known for providing the best of hair transplant and Body Contouring treatments and certified courses as well. The clinic imparts highly qualified and trained medical experts who are responsible for giving quality aesthetic care. With par excellence, the experts of MYO clinic work with the help of high-end technology and help patients with the best transformation.  For more information, visit the website here http://www.myoclinix.com/"}
{"_id": "577578", "title": "", "text": "\"The federal funds rate is one of the risk-free short-term rates in the economy. We often think of fixed income securities as paying this rate plus some premia associated with risk. For a treasury security, we can think this way: (interest rate) = (fed funds rate) + (term premium) The term premium is a bit extra the bond pays because if you hold a long term bond, you are exposed to interest rate risk, which is the risk that rates will generally rise after you buy, making your bond worth less.  The relation is more complex if people have expectations of future rate moves, but this is the general idea.  Anyway, generally speaking, longer term bonds are exposed to more interest rate risk, so they pay more, on average. For a corporate bond, we think this way: (interest rate) = (fed funds rate) + (term premium) + (default premium) where the default premium is some extra that the bond must pay to compensate the holder for default risk, which is the risk that the bond defaults or loses value as the company's prospects fall.  You can see that corporate and government bonds are affected the same way (approximately, this is all hand-waving) by changes in the fed funds rate. Now, that all refers to the rates on new bonds.  After a bond is issued, its value falls if rates rise because new bonds are relatively more attractive.  Its value rises if rates on new bonds falls.  So if there is an unexpected rise in the fed funds rate and you are holding a bond, you will be sad, especially if it is a long term bond (doesn't matter if it's corporate or government).  Ask yourself, though, whether an increase in fed funds will be unexpected at this point.  If the increase was expected, it will already be priced in.  Are you more of an expert than the folks on wall-street at predicting interest rate changes?  If not, it might not make sense to make decisions based on your belief about where rates are going.  Just saying. Brick points out that treasuries are tax advantaged.  That is, you don't have to pay state income tax on them (but you do pay federal). If you live in a state where this is true, this may matter to you a little bit. They also pay unnaturally little because they are convenient for use as a cash substitute in transactions and margining (\"\"convenience yield\"\").  In general, treasuries just don't pay much.  Young folk like you tend to buy corporate bonds instead, so they can make money on the default and term premia.\""}
{"_id": "577582", "title": "", "text": "Make sure you are hitting the actual max of the 401k. Most think it is 18K, but that is the amount you can contribute into either pre-tax or roth. On top of this, you can also contribute using an after-tax contribution (treated differently from Roth). Total amounts up to 54k (since you are under 50).  One thing I would look into for ways to beat interest rates in bank accounts and CDs is Municipal Bond funds, given your high income. I have seen some earning almost 6% tax-free YTD. These also give you liquidity. Definitely keep your 3 mo salary in the bank, but once you get over that while maxing out your 401k, this is a pretty good way to make your money work for you, without crushing you come tax time.   Building that muni bond fund account gradually, you can eventually use that account to pay for things like car payments, mortgage, rent, vacation, etc. Just be sure if you go with a mutual fund, that you are aware of any surrender charge schedules. I have seen this done with C Shares, where you can withdraw your investment without penalty after 1 year.   Let me know if this is unclear or you would like any additional information. Best of luck!"}
{"_id": "577585", "title": "", "text": "Pivots Points are significant levels technical analysts can use to determine directional movement, support and resistance. Pivot Points use the prior period's high, low and close to formulate future support and resistance. In this regard, Pivot Points are predictive or leading indicators. There are at least five different versions of Pivot Points. I will focus on Standard Pivot Points here as they are the simplest. If you are looking to trade off daily charts you would work out your Pivot Points from the prior month's data. For example, Pivot Points for first trading day of February would be based on the high, low and close for January. They remain the same for the entire month of February. New Pivot Points would then be calculated on the first trading day of March using the high, low and close for February. To work out the Standard Pivot Points you use the High, Low and Close from the previous period (i.e. for daily charts it would be from the previous month) in the following formulas: You will now have 5 horizontal lines: P, R1, R2, S1 and S2 which will set the general tone for price action over the next month. A move above the Pivot Point P suggests strength with a target to the first resistance R1. A break above first resistance shows even more strength with a target to the second resistance level R2. The converse is true on the downside. A move below the Pivot Point P suggests weakness with a target to the first support level S1. A break below the first support level shows even more weakness with a target to the second support level S2. The second resistance and support levels (R2 & S2) can also be used to identify potentially overbought and oversold situations. A move above the second resistance level R2 would show strength, but it would also indicate an overbought situation that could give way to a pullback. Similarly, a move below the second support level S2 would show weakness, but would also suggest a short-term oversold condition that could give way to a bounce. This could be used together with a momentum indicator such as RSI or Stochastic to confirm overbought or oversold conditions.  Pivot Points offer a methodology to determine price direction and then set support and resistance levels, however, it is important to confirm Pivot Point signals with other technical analysis indicators, such as candle stick reversal patterns, stochastic and general Support and Resistance Levels in the price action. These pivot points can be handy but I actually haven\u2019t used them for trade setups and entries myself. I prefer to use candle sticks together with stochastic to determine potential turning points and then take out trades based on these. You can then use the Pivot Points Resistance and Support levels to help you estimate profit targets or areas to start becoming cautious and start tightening your stops. Say, for example, you have gone long from a signal you got a few days ago, you are now in profit and the price is now approaching R2 whilst the Stochastic is approaching overbought, you might want to start tightening your stop loss as you might expect some weakness in the price in the near future. If prices continue up you keep increasing your profits, if prices do reverse then you keep the majority of your existing profits. This would become part of your trade management. If you are after finding potential market turning points and take out trades based on these, then I would suggest using candlestick charting reversal patterns for your trade setups. The patterns I like to use most in my trading can be described as either the Hammer or One White Soldier for Bullish reversals and Shooting Star or One Black Crow for Bearish reversals. Below are diagrams of where to place your entries and exits on both Bullish and Bearish reversal patterns. Bullish Reversal Pattern   So after some period of weakness in the price you would look for a bullish day where the price closes above the previous day\u2019s high, you place your buy order here just before market close and place your initial stop just below the low of the day. You would apply this either for an uptrending stock where the price has retracted from or near the trendline or Moving Average, or a ranging stock where price is bouncing off the support line. The trade is reinforced if the Stochastic is in or near the oversold and crossing back upwards, volume on the up day is higher than volume on the down days, and the market as a whole is moving up as well. The benefit with this entry is that you are in early so you capture any bullish move up at the open of the next day, such as gaps. The drawbacks are that you need to be in front of your screen before market close to get your price close to the market close and you may get whipsawed if prices reverse at the open of the next day, thus being stopped out with a small loss. As the price moves up you would move your stop loss to just below the low of each day. Alternative Bullish Reversal Entry  An alternative, entry would be to wait for after market close and then start your analysis (easier to do after market close than whilst the market is open and less emotions involved). Place a stop buy order to buy at the open of next trading day just above the high of the bullish green candle. Your stop is placed exactly the same, just below the low of the green bullish candle. The benefits of this alternative entry include you avoid the trade if the price reverses at the open of next day, thus avoiding a potential small loss (in other words you wait for further confirmation on the next trading day), and you avoid trading during market open hours where your emotions can get the better of you. I prefer to do my trading after market close so prefer this alternative. The drawback with this alternative is that you may miss out on bullish news prior to and at the next open, so miss out on some potential profits if prices do gap up at the open. This may also increase your loss on the trade if the prices gaps up then reverses and hits your stop on the same day. However, if you choose this method, then you will just need to incorporate this into your trading plan as potential slippage. Bearish Reversal Pattern   So after some short period of strength in the price you would look for a bearish day where the price closes below the previous day\u2019s low, you place your sell short order here just before market close and place your initial stop just above the high of the day. You would apply this either for an downtrending stock where the price has retracted from or near the trendline or Moving Average, or a ranging stock where price is bouncing off the resistance line. The trade is reinforced if the Stochastic is in or near the overbought and crossing back downwards, volume on the up day is higher than volume on the up days, and the market as a whole is moving down as well. The benefit with this entry is that you are in early so you capture any bearish move down at the open of the next day, such as gaps. The drawbacks are that you need to be in front of your screen before market close to get your price close to the market close and you may get whipsawed if prices reverse at the open of the next day, thus being stopped out with a small loss. As the price moves down you would move your stop loss to just above the high of each day. Alternative Bearish Reversal Entry   An alternative, entry would be to wait for after market close and then start your analysis (easier to do after market close than whilst the market is open and less emotions involved). Place a stop sell short order to sell at the open of next trading day just below the low of the bearish red candle. Your stop is placed exactly the same, just above the high of the red bearish candle. The benefits of this alternative entry include you avoid the trade if the price reverses at the open of next day, thus avoiding a potential small loss (in other words you wait for further confirmation on the next trading day), and you avoid trading during market open hours where your emotions can get the better of you. I prefer to do my trading after market close so prefer this alternative. The drawback with this alternative is that you may miss out on bearish news prior to and at the next open, so miss out on some potential profits if prices do gap down at the open. This may also increase your loss on the trade if the prices gaps down then reverses and hits your stop on the same day. However, if you choose this method, then you will just need to incorporate this into your trading plan as potential slippage. You could also trade other candle stick patterns is similar ways. And with the long entries you can also use them to get into the market with longer term trend following strategies, you would usually just use a larger stop for longer term trading. To determine the size of your order you would use the price difference between your entry and your stop. You should not be risking more than 1% of your trading capital on any one trade. So if your trading capital is $20,000 your risk per trade should be $200. If you were looking to place your buy at 5.00 and had your initial stop at $4.60, you would divide $200 by $0.40 to get 500 stocks to buy. Using this form of money management you keep your losses down to a maximum of $200 (some trades may be a bit higher due to some slippage which you should allow for in your trading plan), which becomes your R-multiple. Your aim is to have your average win at 3R or higher (3 x your average loss), which will give you a positive expectancy even with a win ratio under 50%. Once you have written down your trading rules you can search stock charts for potential setups. When you find one you can backtest the chart for similar setup over the past few years. For each setup in the past jot down the prices you would have entered at, where you would have set your stop, work out your R, and go day by day, moving your stop as you go, and see where you would have been stopped out. Work out your profit or loss in terms of R for each setup and then add them up. If you get a positive R multiple, then this may be a good stock to trade on this setup. If you get a negative R multiple, then maybe give this stock a miss and look for the next setup. You can setup watch-lists of stocks that perform well for both long setups and short setups, and then trade these stocks when you get a new signal. It can take some time starting off, but once you have got your watch-lists for a particular setup, you just need to keep monitoring those stocks. You can create other watch-lists for other type of setups you have backtested as well."}
{"_id": "577593", "title": "", "text": "Is it inevitably taxed by the government? Which government? Tax treatment of familial loans varies greatly be jurisdiction. What is proper documentation procedure? If you want to get paid back, definitely a lawyer ... each. Is it better to ask several family members to help contribute so each person loans less? Or is it taxed the same? If this is only a tax issue then see above. If it is a means of spreading risk then sure."}
{"_id": "577605", "title": "", "text": "From my perspective I suspect that if the government use the paid price, people will start to buy at very low nominal prices in order to pay less taxes, and will repay the seller by other means."}
{"_id": "577616", "title": "", "text": "I agree, but stick with Cambodian beer.   While not as good as Singha, it'll be cheaper for him to buy, he's supporting another Cambodian company, and 99% of consumers would buy anyway because they just want a beer and don't care about brand in that scenario."}
{"_id": "577628", "title": "", "text": "The only difference now is that burger king will not have to pay US taxes on foreign profits that stayed in foreign markets. The US doesn't care where you made the money or where it is staying they think they deserve a cut just because of where a company is headquartered."}
{"_id": "577658", "title": "", "text": "\"The bottom line is that you can decide whatever you want to do.  It is good of you to get everything in writing.  What happens if she decides to move to a different city?  What happens if she also wants to be bought out?  It should also include contingencies for your husband and yourself.  God forbid anything negative happens, but what happens if you two get divorced?  Does your husband want to be an agreement with your sister if you pass away? There does not seem to be any math to do in this case.  While she is paying the lion's share of the payment, she is also receiving the benefit of having a place to live.  It is unlikely that she can rent an equivalent place for anything close to 1400/month.  I would estimate it would be at least 1800/month to rent an equivalent property. So she put no money down, and she is paying below market \"\"rent\"\" to live somewhere.  Many people would be happy to have $400/month off and handle their own repairs (let alone you still kicking in half).   Now all that said, if you want to give her some equity based upon generosity or the desire to give her some dignity, then you are free to do so.  Perhaps 10%?\""}
{"_id": "577702", "title": "", "text": "&gt; it's a poor replacement because optics refers to lenses and shit  And that's WHY it's called optics. It's about the metaphorical lenses through which people view things. People don't just judge based on the way things are, but also based on the angle they're looking at it all.  Optics aren't about what is, it's about how what is is perceived."}
{"_id": "577703", "title": "", "text": "No, it will show on the LLC tax return (form 1065), in the capital accounts (schedules K-1, L and M-2), attributed to your partner."}
{"_id": "577704", "title": "", "text": "I had an epiphany. Millennials are underestimating their power. These companies are saying this about them as if saying it will make them feel bad. I think Millennials should start wielding their power and kill more businesses that do not cater to them."}
{"_id": "577714", "title": "", "text": "\"there is a lot of \"\"creepy\"\" in US. I just recently found out that you guys had pledge of allegiance every fucking day in school.   Not even eastern block countries prior to the fall of the communism waged such an illustrious propaganda with young minds.   The WallMart thing is just an extension of this insanity wrapped in worship and flagwaving.\""}
{"_id": "577729", "title": "", "text": "\"Dawn Bennett For over thirty years, Dawn J. Bennett has provided expert financial guidance and insight to her numerous clients as a Wharton School of Business Certified Management Investment Analyst. Dawn\u2019s financial expertise and passion for politics has culminated in the \"\"Financial Myth Busting with Dawn Bennett\"\" radio program, a nationally-syndicated weekly show on which Dawn covers a range of current political and financial issues.\""}
{"_id": "577735", "title": "", "text": "* Yes, you should incorporate if you plan on seriously investing in real estate. This not only limits liability in terms of paying back the debt but also in case your tenants sue you.  * Pass-through entities. Typically an LLC but it depends on the state if they have good or bad LLC laws. Pennsylvania is a state where you would not want to incorporate as an LLC. Other options include S-corps and LPs.  * Loans are taken out by corporations against the property. Typically mortgage loans are non-recourse. If you set up a company for each property, this further insulates you against the bank capturing other properties within the pool. However, recourse carveouts can still end up getting you on the hook personally for the loans. These typically include voluntary bankruptcy. You would very rarely have to file for bankruptcy anyway for your real estate investments. At worst, it will end in foreclosure but banks typically would prefer deed-in-lieu just because it is faster and easier for them too. You just turn over the keys and walk away. It will have very little impact on your personal finances or record. Everyone in real estate walks away from properties and leaves them with the bank. It's a fact of doing business and your lender should have been comfortable owning your property at the basis they lent money to you. If they weren't, they were just stupid.  * Yes, every real estate investment requires equity in the property. Typically it's a 20% equity check but if the lender underwrites the property to a lower value than what you purchased it for, you may have to line up more expensive financing."}
{"_id": "577747", "title": "", "text": "Percent of daily income spent on food. 0% for NYC? That's bs. I make 211.26 a day, 8 hour work day. Let's break it into 7 days. Roughly 150 a day. Average meal? 6 dollars. That's 4%, not half a percent or whatever it quoted."}
{"_id": "577763", "title": "", "text": "and obvioulsy these employees just take their wages at the end of each year and have a cash bonfire...  objectivist-libertarian-check-mate, my friend.  now back to jerking off in front of my special fell length mirror which has lifelike ayn rand and mises printed on it."}
{"_id": "577768", "title": "", "text": "It might be easiest to think of stock exchanges like brokers.  If you buy a home, and your broker goes bankrupt, you still own your home, but you could not sell it without the aid of another broker.   Same with stocks, you own the stocks you buy, but you would be unable to either purchase new stocks or sell your stock holdings without an exchange."}
{"_id": "577772", "title": "", "text": "\"A coworker put the idea in my head \"\"what if one day we wake up and thousands of pissed off young people are defaulting on their student loans\"\"?  It's Crazy I know but out of curiosity I started doing homework on this and within one paragraph of Investopedia reading, I had questions.    1).  How is a loan an asset?  I'm the bank and I have 100$.  I loan Jimmy 20$.  With interest I expect him to pay back 25$.  My books sure as shit shouldn't say I'm worth 105$ or even 100$!  I gave away 20$.  I'm worth 80$ right?  Sure I can put it on my books that Jimmy owes me 20$ but I cannot be acting like I HAVE that 20$ can I?  Isn't that how the 08' crash happened? Explain why it makes sense to consider a loan an asset.  Is the risk of default accounted for?  Which leads me to question 2.  2).  I came across this phrase: \"\" because default risk is not transferred with the asset.\"\"  Does that mean that when these institutions pass around the loan, the risk doesn't go with it?  How is it possible?  Assuming loan has the risk of default priced in (which I still don't fully get See #1), how can it possibly be sold in such a way that the risk of default is detached?    I am guess I am trying to dig around and learn as much as I can about student loans because the initial theory is not far-fetched to me.\""}
{"_id": "577806", "title": "", "text": "Over the last few years I've read quite a bit about monetary history.   I've developed two very important rules from this study: If you follow these two rules you will be able to weather almost any governmental or banking crisis."}
{"_id": "577810", "title": "", "text": "Good intentions with unintended consequences.  All long haul EU carbon taxes will do is create opportunity for an airport hub in North Africa, apart from pushing travel back to a thing only the rich can afford."}
{"_id": "577816", "title": "", "text": "We stopped going because of their fast pass system. When I first came across this at Legoland I was intrigued but horrified by the price. The more I think of the implications the less I like it. Too much fluff and not enough movie."}
{"_id": "577832", "title": "", "text": "Your question seems to be making assumptions around \u201cinvesting\u201d, that investing is only about stock market and bonds or similar things. I would suggest that you should look much broader than that in terms of your investments. Investment Types Your should consider (and include) some or all of the following for your investments, depending on your age, your attitude towards risk, the number of dependents you have, your lifestyle, etc. I love @Blackjack\u2019s explanation of diversification into other asset classes producing a lower risk portfolio. Excellent! All the above need to be considered in this spread of risk, depending as I said earlier on your age, your attitude towards risk, the number of dependents you have, your lifestyle, etc. Stock Market Investment I\u2019ll focus most of the rest of my post on the stock markets, as that is where my main experience lies. But the comments are applicable to a greater or lesser extent to other types of investing. We then come to how engaged you want to be with your investments. Two general management styles are passive investment management versus active investment management. @Blackjack says  That pretty much sums up passive management. The idea is to buy ETFs   across asset classes and just leave them. The difficulty with this idea is that profitability is very dependent upon when the stocks are purchased and when they are sold. This is why active investing should be considered as a viable alternative to passive investment.  I don\u2019t have access to a very long time frame of stock market data, but I do have 30 or so years of FTSE data, so let\u2019s say that we invest \u00a3100,000 for 10 years by buying an ETF in the FTSE100 index. I know this isn't de-risking across a number of asset classes by purchasing a number of different EFTs, but the logic still applies, if you will bear with me. Passive Investing I have chosen my example dates of best 10 years and worst 10 years as specific dates that demonstrate my point that active investing will (usually) out-perform passive investing. From a passive investing point of view, here is a graph of the FTSE with two purchase dates chosen (for maximum effect), to show the best and worst return you could receive. Note this ignores brokerage and other fees. In these time frames of data I have \u2026   These are contrived dates to illustrate the point, on how ineffective passive investing can be, depending if there is a bear/bull market and where you buy in the cycle.  One obviously wouldn\u2019t buy all their stocks in one tranche, but I\u2019m just trying to illustrate the point. Active Investing Let\u2019s consider now active investing. I use the following rules for selling and buying:- This is obviously a very simple technical trading system and I would not recommend using it to trade with, as it is overly simplistic and there are some flaws and inefficiencies in it. So, in my simulation,  These beat the passive stock market profit for their respective dates. Summary Passive stock market investing is dependent upon the entry and exit prices on the dates the transactions are made and will trade regardless of market cycles. Active stock market trading or investing engages with the market using a set of criteria, which can change over time, but allows one\u2019s investments to be in or out of the market at any point in time. My time frames were arbitrary, but with the logic applied (which is a very simple technical trading methodology), I would suggest that any 10 year time frame active investing would beat passive investing."}
{"_id": "577837", "title": "", "text": "You can't get a loan from an IRA. You cannot get a loan from your 401(k) plan with your previous employer; 401(k) plans do not give loans to ex-employees, only current employees. Thus, if you want to have the flexibility of getting a loan from the money in the 401(k) plan with your ex-employer, your only option is to roll it over into the 401(k) plan of your current employer. But be aware of the negatives in doing so, some of which are discussed in the answers to Why would you not want to rollover a previous employer's 401(k) when changing jobs?."}
{"_id": "577839", "title": "", "text": "You can do a direct transfer from one fund to another within Fidelity very easily. You will have to see if the two funds have any sales or redemption fees. If you want to leave Fidelity, they should be able to transfer the funds directly to the other IRA custodian. You don't want the money to go to you, instead you want to send them send the money directly to the other firm. The new custodian will be more than happy to help facilitate the transfer. The only fee for doing so should be if the funds you are investing in have fees for buying or selling shares. There are many options that don't have these transaction costs, both with Fidelity and with other companies."}
{"_id": "577860", "title": "", "text": "East Side Lenders Payday Loans4 East Side Lenders | Payday LoansEast Side Lenders Knows that life can be unpredictable and sometimes, unexpected expenses can arise.  Whether you need money for a mechanic or you need to pay your mortgage you need to cover the cost and your next paycheck may be too far away to fit the bill."}
{"_id": "577899", "title": "", "text": "This argument applies to Walmart too.  However, Walmart has been very bad for vendors. Amazon has been not so great for producers in some categories as well (writers for instance - GF was a writer of eBooks until they changed some of the compensation rules to take the profit out of it)."}
{"_id": "577917", "title": "", "text": "\"This about knowing the meaning of the term \"\"making money.\"\" At a deeper level it's identifying idiots who can't accept the fact they're wrong and don't really know shit about what they're talking about. If you want to support and perpetuate this behavior, fine with me. It just means continuing job security.\""}
{"_id": "577921", "title": "", "text": "In the UK maternity pay is covered by national insurance, which is as you describe.  That's not the problem though.  The problem is losing a member of staff for an undefined period of time, and having to train somebody to replace them which is not free."}
{"_id": "577935", "title": "", "text": "You realize they've been saying that for decades now and there has been no mass plague to kill us off.  Don't worry so much climate change is going to kill us long before antibiotic resistance does or at the very least lower food demand."}
{"_id": "577937", "title": "", "text": "except that most companies are small companies and most business owners end up as families at some point.  I'm starting a business abroad and will be taxed at 35% in the USA even if I don't live there.   There's ways to get around it, but I'm not sure exactly how to do it yet nor am I making enough money yet to justify the up front expense of doing this"}
{"_id": "577940", "title": "", "text": "\"Credit cards are a reasonable if relatively expensive tool to gain liquidity. If you have $50k in liquid cash, you don't have a liquidity problem for credit to help you solve.  You have 100 months of expenses in cash. I suppose you could see a balance as a motivational tool, but it's all stick and no carrot.   Take the next part half seriously in the spirit of \"\"what if\"\" talking therapy: If you feel you need to be motivated to get back to work by the true risk of running out of cash, and take such advice from strangers on the internet, the traditional midlife crisis purchase is a sports car.  At least have some fun in a (depreciating but resellable) asset instead of paying a financier's bonus in evaporated interest!  If there is a luxury car tariff in your country, you may even be able to exploit a personal exemption if you drove in from the U.S.  I suppose this advice could possibly get you booted from the family house as it'll probably come across as a seriously \"\"ugly American\"\" move though...\""}
{"_id": "577947", "title": "", "text": "\"Investing in a company that loses money with the mindset \"\"its good for the environment\"\" is not something I will be doing. I'm all for Tesla building cars. Just not going to risk this with my money.  Maybe it will be a mistake and when I'm 80 I will look back and go damn it was the next Microsoft but thats the decision I'm making.\""}
{"_id": "577950", "title": "", "text": "Politicians can't even be bothered to listen to scientists who almost all agree on major thing like climate change or GMOs where almost all scientists agree.  Why would they bother to listen to economists where there are at least a half dozen competing theories of macroeconomics and the optimal role of government in it?"}
{"_id": "577951", "title": "", "text": "Risk is the problem, as others have pointed out. Your fixed mortgage interest rate is for a set period of time only. Let's say your 3% might be good for five years, because that's typical of fixed-rate mortages in Canada. So, what happens in five years if your investment has dropped 50% due to a prolonged bear market, and interest rates have since moved up from 3% to 8%? Your investment would be underwater, and you wouldn't have enough to pay off the loan and exit the failed strategy. Rather, you might just be stuck with renewing the mortage at a rate that makes the strategy far less attractive, being more likely to lose money in the long run than to earn any. Leverage, or borrowing to invest, amplifies your risk considerably. If you invest your own money in the market, you might lose what you started with, but if you borrow to invest, you might lose much more than you started with. There's also one very specific issue with the example investment you've proposed: You would be borrowing Canadian dollars but investing in an index fund of U.S.-based companies that trade in U.S. dollars. Even if the index has positive returns in U.S. dollar terms, you might end up losing money if the Canadian dollar strengthens vs. the U.S. dollar. It has happened before, multiple times. So, while this strategy has worked wonderfully in the past, it has also failed disastrously in the past. Unless you have a crystal ball, you need to be aware of the various risks and weigh them vs. the potential rewards. There is no free lunch."}
{"_id": "577979", "title": "", "text": "I'm going to echo everyone else's sentiments in this thread. What a ridiculous article! You have a solid, dependable, money making star that runs her own show like a well oiled machine and your biggest critique is that she is a sound business woman? I think there is a special place in journalist hell for writers who try to get attention by only playing contrarian for the sake of being contrarian. News flash, pretty unoriginal. I'm not really a fan of her music but man do I love to see sound business people doing it right. This is worth commending."}
{"_id": "578014", "title": "", "text": "I just received a transfer offer -  Seems to me, they don't care what I do with the proceeds. Options 1 & 2 make that clear."}
{"_id": "578016", "title": "", "text": "The article speaks about how pieces of the pie have shrunk. I'm also curious to know if the pie's growth has maintained or shrunk as well. All the women starting full time jobs from the 60's would have to have some impact on the overall salaries. That's inevitable.   And how have the demographics changed in the top 5%? Could a divergence there justify a portion of the diverging rates?"}
{"_id": "578022", "title": "", "text": "\"You owe no tax on the option transaction in 2015 in this case.  How you ultimately get taxed depends on how you dispose of the position.  If it expires, then you will have a short-term capital gain on the option position at expiration.  If it is exercised, then the option is \"\"gone\"\" for tax purposes and your basis in the underlying is adjusted.  From IRS Publication 550: If a call you write is exercised and you sell the underlying stock, increase your amount realized on the sale of the stock by the amount you received for the call when figuring your gain or loss. The gain or loss is long term or short term depending on your holding period of the stock. In your case, this will be a long-term capital gain. For completeness, if you buy to cover the option back from the market before expiration or exercise, then it is also a short-term capital gain. Also, keep in mind that this all assumes that this covered call is \"\"qualified\"\" so that it does not count as a straddle.  You can find more about that in Pub 550. https://www.irs.gov/publications/p550/ch04.html#en_US_2014_publink100010630 All of this is for US tax purposes.\""}
{"_id": "578023", "title": "", "text": "It's a good start that you want to self educate and get ahead of the curve. Try online workshops that are relatively cheap but give you a glimpse of a particular subject. Shaw Academy, Udemy, Khan Academy, etc..   This should help you in the spare time learn about other subjects."}
{"_id": "578024", "title": "", "text": "A US buyer wanted to import Gold from Ghana but due to insufficient working capital they were unable to obtain a Standby LC from their local bank. They contacted BWT for help &amp; we facilitated their Gold deal by providing Standby Letter of Credit (SBLC, MT760) in favor of their Ghana Seller."}
{"_id": "578028", "title": "", "text": "Yes it does, I have just had the worst luck with my job search so far. I do need to brush up on my investing knowledge for interviews because I have been out of school for a few months now  Edit: do you work in ny? Any tips on getting me r\u00e9sum\u00e9 noticed?"}
{"_id": "578046", "title": "", "text": "\"You mean \"\"Greece has asked China for loans\"\" and China might've taken them seriously.    In no way does that transition into any sort of reasonable expectation that China buy up European debt.  Much less buy it up and then ignore it for a while, which is obviously what Europe is hoping for.\""}
{"_id": "578074", "title": "", "text": "\"&gt; But at least you admit they're paid better and you just don't \"\"like\"\" the field.  WTF? You completely misunderstood my point, you fucking dolt. I asserted tradesmen are paid better, but ignored the point, since it is somewhat transitory.   &gt; The millions of consulting and banking employees are humored that you think it'd be better for them to plunge toilets.  &gt; I'm a math/statistics major  THIS is the arrogant bullshit so rampant in the fucking industry that drives out talent, and leaves it a barren wasteland of under-educated assholes. You (apparently) haven't even fucking graduated yet. And you not only know how the world works, you're convinced you're too good for a significant portion of it.  &gt; Mine was &lt;10.  We are talking about the SEC conference, right? A bachelor's degree, right? Four years of that is $25K-$50K (depending) just in tuition, and it completely ignores books, or inflated housing, or opportunity cost. So WTF are you on? Less than 10K? Do you mean annually??  &gt; and your suggestion is to be a Carpenter instead.  It is a particular example of the last of a series of suggestions, but sure. Why not? If they make more money and enjoy it more, why the fuck not?\""}
{"_id": "578078", "title": "", "text": "There's been some work on sentiment analysis and it's effect on stock prices. Would be interesting to see a model that uses sentiment as well as more normal fundamentals to try model returns. Perhaps short term sentiment could explain some of the messiness day by day while long term sentiment has an effect on long term prices..."}
{"_id": "578123", "title": "", "text": "Also don't need as much of an emergency fund though. The risk of having all of your assets tied up in a 401k is way higher when you're out on your own.  But yeah. I would hope that anyone living at home is saving aggressively."}
{"_id": "578132", "title": "", "text": "We are experts in web design, we have great experience in the sector adjusting to the quality guidelines that the main search engines demand. We have professional web designers and website developers in In Edmond to make your website very attractive, check our web projects.  position your website effectively in the top positions of the main search engines, create your online marketing campaigns, take care of link building strategies, and we will advise you on the optimization of your website."}
{"_id": "578134", "title": "", "text": "Another form of 'shareholder' activism. You might be able to buy a single share, which it seems would cost around $35, attend the AGM, and ask questions and/or shout or sing and delay proceedings. There would certainly be security guards or police ready to remove protesters at an AGM."}
{"_id": "578160", "title": "", "text": "Retirement is a Fiction anyways. It is the carrot by which the class structured social construct prods people to take money out of Circulation and attempt to hold it for a later date, or leverage monies now for later. Retirement was a reward at times offered by some companies, but was not always the case. If you made the Company you worked for enough monies, they would offer a Retirement Package, or a productivity incentive for lower classed employees. Any Retirement packages that have been saved by the American Citizens are soon to be plundered by the US Government (once they figure out how to get away with it.) All for the sake of making the many equal with the few. Yet another way to penalize the productive working class, and kowtow to the unproductive yet voting non working class."}
{"_id": "578177", "title": "", "text": "I'm a Senior Engineer at the top tech company in the world... I've been here since I graduated in 2010.  I still cannot afford to buy a decent house in any neighborhood within 20 miles of my workplace.  It's kind of disheartening imagining the kind of situation people who aren't as lucky as me job wise must be in."}
{"_id": "578184", "title": "", "text": "Your credit score is based on your use of Debt. From wikipedia: Opening and closing bank accounts, buying or selling cars without debt, or even buying or selling houses without debt won't affect your credit score."}
{"_id": "578188", "title": "", "text": "I don't think they were bringing in much/if any revenue in the beginning. If you start an app and build an audience, then people will invest ton's of money on the hope it will become profitable.  Once they had the user audience, then they were able to sell the primary subscription service. So now its all an attempt to make their investor's money back."}
{"_id": "578196", "title": "", "text": "\"The contract he wants me to sign states I'll receive my monthly   stipend (if that is the right word) as a 1099 contractor. The right word is guaranteed payment, which is what \"\"salary\"\" is called when a partner is working for a partnership she's a partner in. Which is exactly the case in your situation. 1099 is not the right form to report this, the partnership (LLC in your case) should be using the Schedule K-1 for that. I suggest you talk to a lawyer and a tax adviser (EA/CPA) who are licensed in your State, before you sign anything.\""}
{"_id": "578208", "title": "", "text": "Nice. Well it looks like you are pretty setup. Get that LinkedIn profile setup. Start trying to connect with executives in your industry (hard) and then grind it out. It's very unlikely you will get a C level at your current employer so get ready to make a transition and make it . Most of the C levels I have spoken with either grew with a small company over 10 years or more. OR they jumped from one company to another to get the title"}
{"_id": "578223", "title": "", "text": "Does gold's value decrease over time due to the fact that it is being continuously mined? Remember that demand increases and decreases - we've had seven years or so of strong demand increase and the corresponding price increase suggests there is a lack of gold coming into the market rather than too much. Also, bear in mind that mining the stuff on any scale is hazardous and requires massive investment in infrastructure and time. Large mines frequently take seven to ten years to come on-stream - hardly an elastic enterprise."}
{"_id": "578241", "title": "", "text": "\"**See Also**  1. \"\". . . Inspired by historical analyses of power, greed, and manners (e.g., Elias, 1978), Ward and Keltner (1998) examined whether power would produce socially inappropriate styles of eating. In same-sex groups of 3 individuals, 1 randomly chosen individual (the high-power person) was given the role of assigning experimental points to the other 2 on the basis of their contributions to written policy recommendations concerning contentious social issues. After group members discussed a long and rather tedious list of social issues for 30 min, the experimenter arrived with a plate of five cookies. This procedure allowed each participant to take one cookie and provided an opportunity for at least 1 participant to comfortably take a second cookie, thus leaving one cookie on the plate. Consistent with the prediction, high-power individuals were more likely to take a second cookie (see Figure 6). Coding of the videotaped interactions also revealed that high-power individuals were more likely to chew with their mouths open and to get crumbs on their faces and on the table. Male participants ate in more disinhibited ways as well, lending further support to our power-based hypothesis, to the extent that gender is equated with power. . . .\"\"      Source: \"\"[Power, Approach, and Inhibition](http://socrates.berkeley.edu/~keltner/publications/keltner.power.psychreview.2003.pdf)\"\" by Dacher Keltner, Deborah H. Gruenfeld, and Cameron Anderson: http://socrates.berkeley.edu/~keltner/publications/keltner.power.psychreview.2003.pdf via http://socrates.berkeley.edu/~keltner/publications.htm   2. \"\"[Power is not only an aphrodisiac, it does weird things to some of us](http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/11/19/INGT9MCJHJ1.DTL&amp;ao=all)\"\" by Vicki Haddock: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/11/19/INGT9MCJHJ1.DTL&amp;ao=all  3. \"\"[The Power Paradox](http://greatergood.berkeley.edu/article/item/power_paradox)\"\" by Dacher Keltner: http://greatergood.berkeley.edu/article/item/power_paradox\""}
{"_id": "578261", "title": "", "text": "It comes down to the practical value of paying dividends. The investor can continually receive a stream of income without selling shares of the stock. If the stock did not pay a dividend and wanted continual income, the investor would have to continually sell shares to gain this stream of income, incurring transaction costs and increased time and effort involved with making these transactions."}
{"_id": "578267", "title": "", "text": "\"First of all, kudos for thinking about budgeting at 21 years old.  So many people don't plan with their money, and years later wonder where it all went. You are doing a lot of things right with your budget.  You've got saving goals, namely your next car and a down payment on a house.  You are saving almost 20% of your income for retirement, which is amazing. I like the luxury fund, too.  It is good to put some money aside that you can spend on whatever you want, guilt free, because you know that everything important is already planned for. When it comes to budgeting, one thing to remember is that your budget does not have to be perfect, and it is not set in stone.  If you find that your amount for \"\"living costs\"\" (which I'm assuming includes things like food, utilities, and rent) is too low, you can allocate more money to it and reduce something else.  There is no need to feel bad if you end up having to change some things around in the budget. Congratulations on being debt free!  I would encourage you to stay out of debt.  Keep the credit cards paid in full each month, and save up for your next car so you can pay cash for that, too. Another saving goal that I would recommend adding to your budget would be an emergency fund.  This is basically a pile of cash that is available to you in case something unexpected and urgent comes up that you haven't planned for.  By having the emergency fund in place, you won't be forced to go into debt due to an emergency.  The amount recommended is usually 3 to 6 months' worth of your expenses.\""}
{"_id": "578286", "title": "", "text": "\"Kind of matters because your definition of \"\"cost\"\" is solely based on a hindsight view of market movement.  Lack of gain is not cost except from an inflationary perspective, versus actual value loss of entering near a top.  On a long time scale, yes, the market will probably go up and value will return - but telling someone that now is the perfect time to enter is entirely debatable. Momentum is not fundamental and could reverse tomorrow for all you know.\""}
{"_id": "578296", "title": "", "text": "...    Its going to augment their declining revenue and help w/ pay per view.  They still have licensing rights. Disney is now a vertically integrated media company, similar to Time Warner before the split.      Netflix, on the other hand, is only a media distributor."}
{"_id": "578312", "title": "", "text": "I didn't say teachers were obsolete. You can take your show on the perverbial road as well and post your magic to YouTube as well. How many subscribers would you need to accomplish what you are paid by the institution? Could you help more poor people by choosing not to charge them?"}
{"_id": "578314", "title": "", "text": "\"You asked 3 questions here. It's best to keep them separate as these are pretty distinct, different answers, and each might already have a good detailed answer and so might be subject to \"\"closed as duplicate of...\"\" That said, I'll address the JAGLX question (1). It's not an apples to apples comparison. This is a Life Sciences fund, i.e. a very specialized fund, investing in one narrow sector of the market. If you study market returns over time, it's easy to find sectors that have had a decade or even two that have beat the S&P by a wide margin. The 5 year comparison makes this pretty clear. For sake of comparison, Apple had twice the return of JAGLX during the past 5 years. The advisor charging 2% who was heavy in Apple might look brilliant, but the returns are not positively correlated to the expense involved. A 10 or 20 year lookback will always uncover funds or individual stocks that beat the indexes, but the law of averages suggests that the next 10 or 20 years will still appear random.\""}
{"_id": "578317", "title": "", "text": "It is important to remember that the tax brackets in the U.S. are marginal.  This means that the first part of your income is taxed at 10%, the next part at 15%, next at 25%, etc.  Therefore, if you find yourself just on the edge of a tax bracket, it really does not make any difference which side of that line you end up falling on. That having been said, of course, reducing your taxable income reduces your taxes.  There are lots of deductions you can take, if you qualify.  Depending on what type of health insurance coverage you have, a Health Savings Account (HSA) is a great way to shelter some income from taxes.  Charitable contributions are also an easy way to reduce your taxes; you don't really personally benefit from them, but if you'd rather send your money to a good cause than to Uncle Sam, that's an easy way to do it."}
{"_id": "578337", "title": "", "text": "\"You should see \"\"Restaurant Impossible\"\" on TV, shows exactly how you'll end up if you take this direction. Bottom line - yes, it is usually bad. There's a race condition there in the hiding: you either learn the ropes as you go, or you run out of money and go bankrupt, whichever comes first. My personal experience shows that things that seem simple from the outside may become very very complex once you're actually inside. As an engineer I know perfectly well that the devil is in the details. As an investor I know not to step into something I don't know how to step out of. If someone sells something - you should give a thought as to why they're selling. Is the restaurant making money? What's the cashflow? Are there underlying issues? What are the development plans in the neighborhood for the foreseeable future? What's the clientele, and what are the trends? What's with the competition? Can you answer these questions? If not - you're not in a position to enter the business.\""}
{"_id": "578340", "title": "", "text": "I bought a Thinkpad in Dec 2007 using BillMeLater, which was working with IBM/Lenovo at that time.  I was getting the notebook at the lowest price available, from the manufacturer.  I had the money to pay for it -- around $1400.  But I went ahead and took the offer from BillMeLater.  It was essentially a 12-month zero-interest credit card balance transfer loan.  Sketchy bit its very nature.  They spammed my inbox with solicitations, which was annoying.  But I set my bank to pay the monthly amount (or slightly over, since it decreases each month) and to make the final payoff -- all at the time of purchase.  This  worked just fine -- but I still had spam from BillMeLater for quite a while.  I still ran a slight risk that something would go wrong, at which point I'd face interest charges -- but I would then have paid off the item plus those interest charges.  Luckily I avoided that.  I'm not sure I'd bother doing this again, but if the sticker price was high enough, I might be tempted...."}
{"_id": "578342", "title": "", "text": "For academic stuff, SAS and Stata are amazingly better at cleaning and processing huge amounts of data. I love excel and it can certainly do some very amazing things, but at some point you just need a full on statistical software totally driven by its own programming language.    That software is pretty cheap for academics, but corporate licenses are usually insanely more expensive.   Otherwise I program everything in Python."}
{"_id": "578355", "title": "", "text": "When I go shopping I make sure that I am not hungry and I have a written list that lets me to go through the shop as quick as possible."}
{"_id": "578357", "title": "", "text": "\"Note that many credit unions participate in a \"\"branch exchange\"\" program, which lets you access you CU's accounts and services thru the offices of the others. My CU is two states away,  but there has been only one case where I felt a need to drive back there. Find out if your has joined this network, and encourage them to do so if they haven't yet. It makes credit unions fully competitive with interstate banks.  The shared-branch CU locations may not be maximally convenient, but more keep joining, and the most common transactions can be done by mail or ATM anyway. The biggest advantages of a local CU or bank are that they know the local rules for mortgages, and they may have safe deposit boxes for rent.  That, and having a place to unload the pocket change that piles up, are why I've got an account with a small local bank a few blocks from my house as well. Though I keep thinking about joining my alma mater's credit union, and will if the ever get on the shared-branch system.\""}
{"_id": "578365", "title": "", "text": "Two ideas. EDIT: you should also do alot of research about how to invest this money properly. Something low risk but will beat inflation by a margin."}
{"_id": "578369", "title": "", "text": "\"&gt;Seriously, a 20 minute thought experiment pre-IPO of \"\"is Facebook worth $100bn, and does it have growth prospects?\"\" ought to immediately discount the stock. The smart money was always on \"\"short it as soon as you can\"\"  You couldn't borrow shares to short, nor get put-options.\""}
{"_id": "578379", "title": "", "text": "I understand why you say that but I assume that there is another financial shake out in the next 5 years.  As they are not profitable and do not have a plan to get to profitability.  I think they will die. You can not bleed money forever.  They can not IPO (escape??) do to the stolen IP problems.  The moment they expose their finances and management problems to external their valuation will be closer to $10 Billion not $60 Billion.  A real valuation might be $1 Billion.  They will disappear as fast as they arrived.  Uber will be as famous as Pets.com or Webvan."}
{"_id": "578382", "title": "", "text": "This is the most common option offered by these companies and it offers only rudimentary protection to the discs. This is also the cheapest packaging option available at various book manufacturers engaged in CD/DVD replication is made of a hard-wearing, flexible polypropylene."}
{"_id": "578389", "title": "", "text": "I'm a libertarian and I just want him to present a coherent message occasionally so I know what we are in for. He can't!   The buck used to stop at the President of the United States. This ADHD afflicted child will not own anything but his own fake news. Sad!"}
{"_id": "578420", "title": "", "text": "\"You are probably right I honestly don't know, my main issue with this article is the misleading nature. IMO it's as though the author has seen snippets of information and then formed his entire opinion on it. I'm not convinced he fully understands \"\"best execution\"\" or how exchanges work.   Statements such as: \"\"IEX has delivered on its promise of better execution\"\" what is he basing this on? He makes statements but doesn't follow it up with facts.\""}
{"_id": "578427", "title": "", "text": "\"Stock market indexes are generally based on market capitalization, which is not the same as GDP.  GDP includes the value of all goods and services produced in a country; this includes a large amount of small-scale production which may not be reflected in stock market capitalizations.  Thus the ratio between countries' GDPs may not be the same as the ratio of their total market capitalization.  For instance, US GDP is approximately 3.8 times as much as Japan's (see here), but US total market cap is about 5.5 as much as Japan's (see here). The discrepancy can be even more severe when comparing \"\"developed\"\" economies like the US to \"\"developing\"\" (or \"\"less-developed\"\") economies in which there is less participation in large-scale financial systems like stock markets.  For instance, US GDP is roughly 10 times that of Brazil, but US total market cap is roughly 36 times that of Brazil.  Switzerland has a total market cap nearly double that of Brazil despite its total GDP being less than half of Brazil's.  Since the all-world index includes all investable economies, it will include many economies whose share of market cap is disproportionately lower than their share of GDP. In addition, according to the fact sheet you linked to, that index tracks only large- and mid-cap stocks.  This will further skew the weighting to developed economies and to the US in particular, since the US has a disproportionate share of the largest companies. Obviously one would need to take a more detailed look at all the weights to determine if these factors account precisely for the level of discrepancy you see in this particular index.  But hopefully that explanation gives an idea of why the US might be weighted more heavily in a stock index than it is in raw GDP.\""}
{"_id": "578432", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.politico.eu/article/schulz-to-trump-dropping-paris-agreement-means-no-trade-talks/) reduced by 49%. (I'm a bot) ***** &gt; Germany&amp;#039;s challenger for the chancellorship, Martin Schulz, vowed Thursday to retaliate against U.S. President Donald Trump&amp;#039;s potential withdrawal from the Paris climate agreement by refusing to engage in transatlantic trade talks.  &gt; Referring to trade negotiations with the U.S., which ran until the end of last year but are now on ice, Schulz said it would be impossible to grant better market access to the U.S. if it did not respect climate protection rules.  &gt; &amp;quot;If the U.S. drops out of the climate agreement for European trade policy, this means that American production sites don&amp;#039;t need to abide by the climate goals,&amp;quot; said the Social Democratic candidate, who was speaking at the WDR Europa Forum in Berlin.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6evbt7/martin_schulz_to_trump_dropping_paris_agreement/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~134917 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **trade**^#1 **market**^#2 **U.S.**^#3 **European**^#4 **climate**^#5\""}
{"_id": "578462", "title": "", "text": "A couple of points."}
{"_id": "578488", "title": "", "text": "Here's one way of looking at it. The first years of a 30-year mortgage are mostly interest payments.  Even with a 4% 30-year loan -- I seem to recall seeing rates that low! --  the interest part of your payments for the first five years are double the principal part. You will pay less in interest if you throw extra money at the mortgage.  How much extra? Let's say you have a loan of $100,000 for 30 years at 4.5%.  The monthly payment is $506.69.  After five years, you've paid $8,842.43 toward principal and $21,558.97 toward interest. Let's bump that payment up $200 per month to $706.69.  Now, after five years, you've paid $22,284.24 toward principal and $20,128.56 toward interest.  You've saved yourself from paying $1,430.41 in interest. But if you can swing $706.69, can you swing $752.28?  That's the payment on a fifteen year mortgage at 4.25%.  After five years you'll have paid $26,562.31 on principal and $18,574.49 in interest:  $1,500 less in interest than even paying an extra $200/month on your 30-year. Now, another way of looking at it. If you're getting a 30-year, get one.  Pay only the minimum, and save what you would have paid toward your mortgage to fund a down payment for your next house, since you're planning to get out in 5-7 years.  Rather than try to sell your current house, rent it out.  Rents go up, but your mortgage payment won't.  Fixed-rate mortgages are a great protection against inflation."}
{"_id": "578491", "title": "", "text": "The one recent time I've had the extreme displeasure to eat McDonald's, I found the burger to be drenched in a *disgusting* amount of sauce, the fries just tasted like pure salt, and overall I was too disgusted with myself to even finish my meal."}
{"_id": "578492", "title": "", "text": "With the growth of phablets and the increasing size of regular smart phones I can see why folks would stop buying tablets. What can you do on the iPad that you couldn't do on a iPhone? Especially if the iPhone 6 grows in size?"}
{"_id": "578508", "title": "", "text": "You need to know loans are not free; and they are not a way to solve budget issues. If you are having problems with making your income last over your expenses, you do not need to add another expense (in the form of a loan) What you really need to do is create a budget, track and understand your expenses, and then decide if you should focus on raising  your net income level or cutting down expenses. Keep up with your budget.  You can reduce the frequency, but you need to track your spending really for the rest of you life.  It is just a good habit, like personal hygiene. Once you understand your money (via your budget), you can start to save money into an emergency fund that will cover you during the times of zig zags. I say it very plainly as if it is super easy; but it requires will power and the foresight to understand that if you don't manage your money, nobody else will.  Being sane with your money is one of the most important things you can do now to improve your future. IMPROVEMENT NathanL has an excellent first step with budgeting:  Allocate money to be spent for the next month from money made during   the previous month. This will build a cushion into your budget and   alleviate the fear that the OP mentioned"}
{"_id": "578527", "title": "", "text": "\"This is completely disgusting, utterly unethical, deeply objectionable, and yes, it is almost certainly illegal. The Federal Trade Commission has indeed filed suit, halted ads, etc in a number of cases - but these likely only represent a tiny percentage of all cases. This doesn't make what the car dealer's do ok, but don't expect the SWAT team to bust some heads any time soon - which is kind of sad, but let's deal with the details. Let's see what the Federal Trade Commission has to say in their article, Are Car Ads Taking You for a Ride? Deceptive Car Ads Here are some claims that may be deceptive \u2014 and   why: Vehicles are available at a specific low price or for a specific   discount What may be missing: The low price is after a downpayment, often   thousands of dollars, plus other fees, like taxes, licensing and   document fees, on approved credit. Other pitches: The discount is only   for a pricey, fully-loaded model; or the reduced price or discount   offered might depend on qualifications like the buyer being a recent   college graduate or having an account at a particular bank. \u201cOnly $99/Month\u201d What may be missing: The advertised payments are temporary \u201cteaser\u201d   payments. Payments for the rest of the loan term are much higher. A   variation on this pitch: You will owe a balloon payment \u2014 usually   thousands of dollars \u2014 at the end of the term. So both of these are what the FTC explicitly says are deceptive practices. Has the FTC taken action in cases similar to this? Yes, they have: \u201cIf auto dealers make advertising claims in headlines, they can\u2019t take   them away in fine print,\u201d said Jessica Rich, Director of the FTC\u2019s   Bureau of Consumer Protection. \u201cThese actions show there is a   financial cost for violating FTC orders.\u201d In the case referenced above, the owners of a 20+ dealership chain was hit with about $250,000 in fines. If you think that's a tiny portion of the unethical gains they made from those ads in the time they were running, I'd say you were absolutely correct and that's little more than a \"\"cost of doing business\"\" for unscrupulous companies. But that's the state of the US nation at this time, and so we are left with \"\"caveat emptor\"\" as a guiding principle. What can you do about it? Competitors are technically allowed to file suit for deceptive business practices, so if you know any honest dealers in the area you can tip them off about it (try saying that out loud with a serious face).  But even better, you can contact the FTC and file a formal complaint online. I wouldn't expect the world to change for your complaint, but even if it just generates a letter it may be enough to let a company know someone is watching - and if they are a big business, they might actually get into a little bit of trouble.\""}
{"_id": "578529", "title": "", "text": "This is all answered in the prospectus. The money not yet invested (available/committed to a note but not yet funded) is held in pooled trust account insured by FDIC. Money funded is delivered to the borrower. Lending Club service their notes themselves. Read also my reviews on Lending Club."}
{"_id": "578530", "title": "", "text": "With a tax-sheltered account like an IRA, timing is irrelevant with respect to taxes. So enjoy your vacation. When you get back, don't invest in one lump sum -- break up your purchases over a period of weeks if possible. If you are investing in ETFs for your index funds, many brokers have no transaction fee ETF options now."}
{"_id": "578559", "title": "", "text": "Facebook has become the biggest rage on social media, and it is the best platform to do business or advertising for any product or service. They would help you in reaching your target markets by sponsoring the particular ad on Facebook and channelizing it towards the target customer so that your time and resources doesn't go waste. There are some Facebook Marketing Packages in India that you can choose from depending upon the need of your company and the product or service that needs to be published on market. http://smocompaniesindia.com/facebook-marketing-plan.html"}
{"_id": "578561", "title": "", "text": "\"Most likely the bank will keep it on file for a few years then turn it over to the state as \"\"unclaimed property\"\". I can't speak for all states though.\""}
{"_id": "578565", "title": "", "text": "We went over this literally at the start of our conversation. Our government supports market inefficiency with anti-competitive practices such as subsidies that arbitrarily pick winners and losers, onerous regulations that are too costly for small businesses to comply with, and giving audience to frivolous lawsuits that squash American garage innovation.  The solution to every single one of these problems you've brought up is not to give government more power to do evil, its to give people more power over the government.  &gt; I turned on Wall Street for the same reason everybody else did: The American taxpayer was forced to cut mook deals to bail out guys who didn't deserve it.  &gt; Stephen Bannon  --  &gt; The permanent political class, as represented by both parties \u2026 you\u2019re not going to drain that in eight months. You\u2019re not going to drain it in two terms. This is going to take ten, 15, 20 years of relentlessly going after it.  &gt; Stephen Bannon"}
{"_id": "578574", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-trump-cohn/trump-anger-at-cohn-raises-doubts-about-his-white-house-tenure-sources-idUSKCN1BJ06U) reduced by 82%. (I'm a bot) ***** &gt; BOSTON/WASHINGTON - A newly fraying relationship between U.S. President Donald Trump and top White House economic adviser Gary Cohn has raised questions about how long Cohn will stay in his job, say two people with close ties to the White House.  &gt; One source close to the White House said Trump wanted to fire Cohn.  &gt; While the interview was intended to signal that Cohn had no plans to leave the White House and planned to push ahead with his signature project, tax reform, sources said the comments upset Trump.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6yvmft/trump_anger_at_cohn_raises_doubts_about_his_white/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~206512 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Cohn**^#1 **White**^#2 **Trump**^#3 **House**^#4 **source**^#5\""}
{"_id": "578579", "title": "", "text": "I mean, Amazon currently interviews and pays for people to move from all over the country to Seattle. So I don't really think they'd only be looking to hire people from Michigan. They'll easily be able to recruit from the midwest and mid-atlantic.    Also, they're not going to have 50,000 openings over night. It'll take a while to get to that level. I really think, geographically, Detroit is perfect for Amazon."}
{"_id": "578585", "title": "", "text": "Kaspersky probably had to provide the source code of their product to the Russian government, the same way the Chinese government requires Microsoft to provide source code. Then the Russian government could analyze the source code for places to exploit. Or even worse, Kaspersky could simply be colluding with the government. Either way, the software does not belong on U.S. computers. Period."}
{"_id": "578589", "title": "", "text": "Oh, I did tons of investigating the candidates before NOT voting.  But I don\u2019t remember everything about all of them, and it has been a year since then.  Since I don\u2019t have a perfect memory, I don\u2019t require others to have a perfect memory.  Why?  Is there a vote coming up that I should know about?"}
{"_id": "578597", "title": "", "text": "You apparently assume that pouring money into a landlord's pocket is a bad thing. Not necessarily. Whether it makes sense to purchase your own home or to live in a rental property varies based on the market prices and rents of properties. In the long term, real estate prices closely follow inflation. However, in some areas it may be possible that real estate prices have increased by more than inflation in the past, say, 10 years. This may mean that some (stupid) people assume that real estate prices continue to appreciate at this rate in the future. The price of real estates when compared to rents may become unrealistically high so that the rental yield becomes low, and the only reasonable way of obtaining money from real estate investments is price appreciation continuing. No, it will not continue forever. Furthermore, an individual real estate is a very poorly diversified investment. And a very risky investment, too: a mold problem can destroy the entire value of your investment, if you invest in only one property. Real estates are commonly said to be less risky than stocks, but this applies only to large real estate portfolios when compared with large stock portfolios. It is easier to build a large stock portfolio with a small amount of money to invest when compared to building a large real estate portfolio. Thus, I would consider this: how much return are you going to get (by not needing to pay rent, but needing to pay some minor maintenance costs) when purchasing your own home? How much does the home cost? What is the annual return on the investment? Is it larger than smaller when compared to investing the same amount of money in the stock market? As I said, an individual house is a more risky investment than a well-diversified stock portfolio. Thus, if a well-diversified stock portfolio yields 8% annually, I would demand 10% return from an individual house before considering to move my money from stocks to a house."}
{"_id": "578604", "title": "", "text": "As observed, there is no answer that will fit all, but below are some considerations: Your monthly requirement is 5000, so you have 3000 left to pay the monthly instalments (EMI). However, if you do pay 3000, you will have no money left for any other activities (holidays etc.) till your EMI is finished Set off a sum, let us say 500-1000, per month (you shall have to decide), for other expenses The rest of the money, in this case 2000-2500, you can pay as monthly EMI If you indicate that your monthly EMI to the bank, they will be able to tell you how much of loan you are eligible for and for how long the EMI would last. This is your benchmark If this loan amount is 750,000 or more, you do not need to put in your own money. So the decision then becomes how fast you want to pay off your loan and as accordingly you shall utilize your 500,000 However, if the EMI will not cover a loan of 750,000 (more likely case), you have options between the following: a. Max out on your loan that 2000-2500 EMI/month (in terms of years as well as amount) can get you and put the rest from 500,000. b. Min your loan in terms of amount and time and put your entire 500,000 c. The middle ground is to balance between the loan and your own money, which is the best approach, there is no figure here that works for all, you have to take the decision based on your circumstances. However, in general, the shorter the loan term (in years) better it is as in aggregate you pay less money to the bank. If you are 1-2 months away from buying the house, one exercise you could do is to keep the EMI money in a separate bank account and see how you fare with the residual cash, this would give you a good reality check. Hope this helps, thanks"}
{"_id": "578612", "title": "", "text": "Hay que tener enorme complejo para soltar estupideces tan grandes y quedarse tan tranquilo, usted es la prueba viviente de que no existe ninguna superioridad intelectual del blanco sobre ninguna otra raza. Definitivamente que su voto valga igual que el de los dem\u00e1s es uno de las grandes fallos de la democracia."}
{"_id": "578615", "title": "", "text": "\"Ask yourself the same question for furniture making. Would you feel more comfortable sitting in a chair that you made yourself versus one that you bought from a furniture store?  How about one that you bought from IKEA and assembled? For an experienced, competent furniture maker, you might be able to make an equivalent chair for less money and be highly confident.  For a \"\"DIY\"\" builder, you might be less confident but be willing to take more of a risk with the possibility of making a good chair for less money (and gain experience on what not to do next time).   The same applies to investing - if you are highly confident in your own abilities, DIY investing may work better for you.  For the \"\"general population\"\", however, relying on experts to do the hard work (and paying a little more for their services) is probably a better option and gives you more confidence. As for the second quote, I'm note sure there's a causality there.  If anything, I think it's the other way around - people who have more money saved for retirement are more likely to use investment advisors.\""}
{"_id": "578619", "title": "", "text": "\"It has little to do with money or finance.  It's basic neuroscience.  When we get money, our brains release dopamine (read Your Money and Your Brain), and receiving dividends is \"\"getting money.\"\"  It feels good, so we're more likely to do it again. What you often see are rationalizations because the above explanation sounds ... irrational, so many people want to make their behavior look more rational.  Ceteris paribus a solid growth stock is as good as a solid company that pays dividends. In value-investing terms, dividend paying stocks may appear to give you an advantage in that you can keep the dividends in cash and buy when the price of the security is low (\"\"underpriced\"\").  However, as you realize, you could just sell the growth stock at certain prices and the effect would be the same, assuming you're using a free brokerage like Robin Hood. You can easily sell just a portion of the shares periodically to get a   \"\"stream of cash\"\" like dividends. That presents no problem whatsoever,   so this cannot be the explanation to why some people think it is   \"\"smart\"\" to be a dividend investor. Yes, if you're using a brokerage like Robin Hood (there may be others, but I think this is the only one right now), then you are right on.\""}
{"_id": "578625", "title": "", "text": "In market cap weighted index there is fairly heavy concentration in the largest stocks. The top 10 stocks typically account for about 20% of the S&P 500 index.  In Equal Weight this bias towards large caps is removed. The Market Cap method would be good when large stocks drive the markets. However if the markets are getting driven by Mid Caps and Small caps, the equal weight wins. Historically most big companies start out small and grow big fast in a short span of time. Thus if we were to do Market cap one would have purchased smaller number of shares of the said company as its cap/weight would have been small and when it becomes big we would have purchased the shares at a higher price. However if we were to do equal weight, then as the company grows big one would have more share at a cheaper price and would result in better returns. There is a nice article on this, also gives the comparision of the returns over a period of 10 years, where equal weight index has done good. It does not mean that it would continue. http://www.investopedia.com/articles/exchangetradedfunds/08/index-debate.asp#axzz1RRDCnFre"}
{"_id": "578633", "title": "", "text": "Take a look at /r/personalfinance and make sure you read the sidebar.  &gt; Questions regarding loans, refinancing, mortgages, credit cards, investing and anything else that may be related to personal finance should be directed towards the subreddit /r/personalfinance. You will receive a probation (temporary ban) for disregarding this rule."}
{"_id": "578641", "title": "", "text": "This is why it is vital that you seriously trim down the meeting to the people that _need_ to be there. If they have a voice and an interest, it may be a long meeting or more than one to get it hashed out, but it won't be one where 3/4 of the people involved are just waiting for it to be over."}
{"_id": "578643", "title": "", "text": "There is mad hat on this sub because he's a young black man. You should be ashamed. Sure it helps to him in this situation I don't doubt, but there is bias in many situations.  I don't see how this kid is different then any other clothing line pusher. He made a good product, he marketed himself well and he found a good mentor.. sounds like a recipe for success for almost anyone  Good for him, he was very passionate about his bow ties and I hope he goes on to make many more millions and that everyone is rocking bow ties  You are all some salty bastards that need to reflect on your jealousy of this 15 year old boy."}
{"_id": "578677", "title": "", "text": "\"E) Spend a small amount of that money on getting advice from a paid financial planner. (Not a broker or someone offering you \"\"free\"\" advice; their recommendations may be biased toward what makes them the most money).  A good financial planner will talk to you about your plans and expectations both short and long term, and about your risk tolerance (would a drop in value panic you even if you know it's likely to recover and average out in the long run, that sort of thing), and about how much time and effort you want to put into actively managing your portfolio. From those answers, they will generate an initial proposed plan, which will be tested against simulations of the stock market to make sure it holds up. Typically they'll do about 100 passes over the plan to get a sense of its probable risk versus growth-potential versus volatility, and tweak the plan until the normal volatility is within the range you've said you're comfortable with while trying to produce the best return with the least risk. This may not be a perfect plan for you -- but at the very least it will be an excellent starting point until you decide (if you ever do decide) that you've learned enough about investing that you want to do something different with the money. It's likely to be better advice than you'll get here simply because they can and will take the time to understand your specific needs rather than offering generalities because we're trying to write something that applies to many people, all of whom have different goals and time horizons and financial intestinal fortitude. As far as a house goes: Making the mistake of thinking of a house as an investment is a large part of the mindset that caused the Great Recession. Property can be an investment (or a business) or it can be something you're living in; never make the mistake of putting it in both categories at once. The time to buy a house is when you want a house, find a house you like in a neighborhood you like, expect not to move out of it for at least five years, can afford to put at least 20% down payment, and can afford the ongoing costs. Owning your home is not more grown-up, or necessarily financially advantageous even with the tax break, or in any other way required until and unless you will enjoy owning your home. (I bought at age 50ish, because I wanted a place around the corner from some of my best friends, because I wanted better noise isolation from my neighbors, because I wanted a garden, because I wanted to do some things that almost any landlord would object to, and because I'm handy enough that I can do a lot of the routine maintenance myself and enjoy doing it -- buy a house, get a free set of hobbies if you're into that. And part of the reason I could afford this house, and the changes that I've made to it, was that renting had allowed me to put more money into investments. My only regret is that I didn't realise how dumb it was not to max out my 401(k) match  until I'd been with the company for a decade ... that's free money I left on the table.)\""}
{"_id": "578680", "title": "", "text": "Nope.  I live in an Arizona city that doesn't have *anything* like Seattle's growth.  Arizona raised the minimum wage in November.  Many companies have closed their doors.  Come here and see for yourself.  Others, mostly restaurants, raised their prices.  Traffic dropped off.  You know why?  Because food prices at the supermarket stayed about the same.  Restaurants got more expensive.  The option is to buy food and cook at home.  Which - *fucking obviously* - people are doing.  I'm doing this.  People I talk to are doing this.  You do not need a Ph.D. in economics to figure this one out.  And you can take your left-wing propaganda and shove it up your ass.  If you think you're so correct, then open a business and show everyone how you can do well selling an overpriced product.  Go ahead.  Show us."}
{"_id": "578687", "title": "", "text": "Part of the FB IPO hype was that institutions (smart money) got first dibs on the IPO shares while retail (dumb money) gets the leftover scraps.  Everybody and their grandma was therefore scrambling to grab the few remaining precious shares before the price skyrockets.  Of course that's not how it turned out as it seems retail stayed put and institutions had trouble unloading their shares."}
{"_id": "578692", "title": "", "text": "China and India (or most other countries) are not really comparable. China's growth is largely due to the governments artificial propping of the economy. Cracks have already started forming and when the bubble truly bursts it will be a hard landing."}
{"_id": "578699", "title": "", "text": "It's in your interest to pay down these loans (just like any debt) at an accelerated rate, so long as you prioritize it appropriately and don't jeopardize your financial situation. What are your plans for the $50k? Is it a downpayment on a house? Are you already saving for retirement? At what rate are you saving each year? These are all important questions. There is nothing wrong with using some of the $50k to make a dent in your loans, but overpaying a debt at 6% should not be your first priority. Save for retirement, pay off credit cards, make sure you have an emergency fund of between 6-12 months living expenses (depending on your comfort level as well as how stable you think your job is, and how much you could downsize if need be). Then, tackle extra loan payments. Unfortunately 6% is about what you would expect to get in the market these days, so you can't necessarily make more money investing your remaining cash on hand as compared to putting it towards your loans. And you could always make less. Personally, I would divide the $50k as follows. Insert your own numbers/circumstances :) Of the ~$30k that remains..."}
{"_id": "578701", "title": "", "text": "\"Holy shit its people like you who can't be won over and complain about everything.  \"\"Costoso pays its employees well\"\" You: Fuck them, they don't employ enough people!!!    \"\"Costco reduces pay to hire more employees\"\" You: Fuck them they're literally Walmart!!!!\""}
{"_id": "578708", "title": "", "text": "I've often thought that would be a great idea for pensions here in the states, specifically municipal pensions. Like a particular town could invest a small portion of it's money into local businesses and real estate. That would benefit the local economy and incentivize pensioners and workers to patronize those businesses.  Does anyone know if this is done anywhere?"}
{"_id": "578725", "title": "", "text": "You don't. My budget for the year takes my gross income and nets out tax, spending, etc to account for every dollar.  My assets (and the target of the savings during the year) are a balance sheet item. The sum already there isn't part of each year's budget."}
{"_id": "578727", "title": "", "text": "At Belisted.org we offer the chance to have your business listed in top directories. You can choose a custom number of the best directories from our extensive list. Every order comes with a detailed report of the places that we have submitted your business to as well as all the log-in information. We offer the cheapest local business lisitings submission services and the highest quality on the planet. You will enjoy our Easy Ordering method no matter what size the order, be it bulk or otherwise."}
{"_id": "578728", "title": "", "text": "The simple answer is: YES, the JP Morgan emerging markets equity fund is a mutual fund. A mutual fund is a pooling of money from investors to invest in stocks and bonds. Investors in mutual funds arrive there in different ways. Some get there via their company 401K, others by an IRA, still others as a taxable account. The fund can be sold by the company directly or through a broker. You can also have a fund of funds. So the investors are other funds.  Some investors are only indirect investors. They are owed a pension by a past or current employer, and the pension fund has invested in a mutual fund."}
{"_id": "578732", "title": "", "text": "No, you cannot. You can only deduct expenses that the employer required from you, are used solely for the employer's (not your!) benefit, you were not reimbursed for them and they're above the 2% AGI threshold. And that - only if you're itemizing your deductions."}
{"_id": "578738", "title": "", "text": "If you are in the U.S., without credit cards, you probably don't have a credit history. Without a credit history, you won't be able to get a loan/mortgage, and even if you do, you'll get it on very unfavorable terms. Depending on where you live you might even have great difficulty renting an apartment. So, the most important reason to have credit cards is to have a good credit score. People have already listed other advantages of having credit cards, but another thing that wasn't mentioned is fraud protection. Credit cards are better protected against fraud than debit cards. You probably shouldn't use debit cards online unless you must. Also, without a credit card or credit history, some simple and important liberties like renting a car while you are travelling might be denied to you. So, in conclusion, it's bizarre, but in modern America you need credit cards, and you need them bad."}
{"_id": "578745", "title": "", "text": "That's really not true though. I do this for a living, and if you look into it, there's nearly always a reasonable argument. Labeling laws are made for the benefit of the consumer. They're designed to not be misleading. Just in practice, things are arguable.  There are a lot of misunderstanding about labeling and our laws, but like 99% are totally fair and reasonable."}
{"_id": "578747", "title": "", "text": "Seems to me, the horse is already bolted on that one, but holy shit  44 missile interceptors in place and nothing intercepted. Are these the ground version of the F-35?  What are you guys doing with all that taxpayer money?"}
{"_id": "578777", "title": "", "text": "Makes sense. They are so large in the Seattle area, any kind of large meaningful expansion is difficult at this point.  Plus they've sucked up a lot of talent in that area. Why not get a green-field proposal by a new city with a new employee base on a different coast?"}
{"_id": "578779", "title": "", "text": "The history of the jews even outside Germany is not a very nice on. Nevertheless it does not excuse your views on Muslims, nor should or are the Muslims excluded when it comes to hate speech and crimes. This year alone there were several raids against the radical muslim communitys. The hat speech law is a very good instrument to not have racist group rally against Minority's  Muslim Jews or otherwise and to go back to the topic which Facebook has to respect as well. If someone broke the law you have to act and pull that comment which they currently not do nearly fast enough. My opinion stays. Your views are highly racial and not based on facts. You are part of the problem because bot everyone is as smart as you (im sincere here). A Moron heres your speech translates it to beat up all muslims because they are the terrorists and will do so. You talked about freedom tolerance and same rights for all. If you truly want that you have to forgive and not fight. ack with the same weapons. We have something in common regarding our views of the muslim population. They actually do have a big Problem with antisemitism and this Problem needs to be addressed. But as you said same rights for everyone, so we cannot talk shit about them either. In Germany at the moment the anti islam Problem has taken over and reached dangerous proportions. That is why i defend this group so much and cannot let half truths spread. I think we are both a bit tired of this conversation so here is my proposal! we say each other a final statement what we wish for the other to consider in the future. So i try:                 I really would want you to not succumb to simple prejudice. Please listen to the facts out there and look at the whole picture. You said and posted a lot of things which are well known to be right propaganda (the sweden thing is a 1a example) or half truths like the rise if crimes of germany which us overall true but the rise does not come from rape or violence from immigrants, but migration related topics, while the right wing attacks against muslims and refugees rose considerably.  As it stands i can only describe you as a jewish nazi which i really do not want to but have no choice considering your hardline views. Sorry that this was not too friendly.  i await your reply."}
{"_id": "578780", "title": "", "text": "I think the tradition within the country would outweigh any convenience it would have for the rest of the world.  The US hasn't even been able to switch to the Metric system, even though it's taught in school and used in math / science.  The costs involved with changing price tags, and re-organizing everything in their world would be pretty crazy."}
{"_id": "578798", "title": "", "text": "All of your 401k income is taxable and no more than 85% of your SS income. You can use the worksheets in IRS: Publication 915 to determine what percentage of your SS is taxable. Just as with ordinary income, deductions/exemptions apply and not all that is taxable will be taxed. When you begin drawing SS you'll have the option to have taxes withheld at various rates, more convenient than quarterly estimated payments in my opinion."}
{"_id": "578803", "title": "", "text": "That would be like requiring the IT department in you company to be self sufficient.  You're IT department doesn't exist to earn a profit.  It exists to enable the rest of the company to earn a profit.  Your IT department runs a deficit, it sucks money from the bottom line of your company.  Hopefully, it boosts other departments in your company like sales, or engineering, and enables them to make more money than IT consumes."}
{"_id": "578825", "title": "", "text": "nice, im sure theres some discount style stores around.  I dont like the subscription with amazon either because prices change, and i dont think they give you a good notice or indication on how the prices have changed compared to when you signed up."}
{"_id": "578836", "title": "", "text": "Title is a little misleading. If they get paid 1.5x overtime, then this is only costing 33% of their total overtime pay. He's probably working 80-90 hour weeks, and should justifiably earn 2x the salary of a 40hr/week cop."}
{"_id": "578880", "title": "", "text": "Security patrol is one aspect provided by most of the security agencies across the country. Generally, the basic area of concentration of security patrol happens to be reporting incidences related to graffiti of private as well as public properties, reporting vandalism and damage, stopping anti-social behavior of people etc."}
{"_id": "578885", "title": "", "text": "The key word you are looking for is that you want to refinance the loan at a lower rate. Tell banks that and ask what they can offer you."}
{"_id": "578896", "title": "", "text": "Greek bank deposits are backed by the Greek government and by the European Central Bank. So in order to lose money under the insurance limits of 100k euros the ECB would need to fail in which case deposit insurance would be the least of most peoples worries. On the other hand I have no idea how easy or hard it is to get to money from a failed bank in Greece. In the US FDIC insurance will usually have your money available in a couple of days. If there isn't a compelling reason to keep the money in a Greek bank I wouldn't do it."}
{"_id": "578906", "title": "", "text": "I would tell the former owner that you will sell him the house for you current loan balance. He wants the home, he may be willing to pay what you owe. You can't really do a short sale unless you are behind on your payments. Banks only agree to a short sale when they think they are going to have to foreclose on the property. Not to mention a short sale is almost as bad as a foreclosure and will wreck your credit. If the former buying is not willing to buy the house for what you owe your only real option is to come up with the difference. If he offers you say $50K less than you owe, you will have to give the mortgage holder the remaining balance $50K in this example for them to release the property.  Another problem you will face, if the former owner is willing to pay more than what the house is worth, and he is going to finance it, he will have to have enough cash to put down so that the loan amount is not more than the property is worth. Finally if none of that works you can just hold on to the property until the value comes up or you mortgage is payed down enough to make the balance of the mortgage less than the value of the house. Then offer the property to the former owner again."}
{"_id": "578913", "title": "", "text": "Wtf? No. It's more like not trusting the doctor for anything period because they practically just left all their sensitive patient information out there on their Facebook page, let the responsible staffers retire, and then tried to make money on their mistake any/every way they could think up."}
{"_id": "578926", "title": "", "text": "No I don't think it is.  Just my perspective, but I don't recall 'fair trade' in their marketing materials.  It might be there.  But when I go to starbucks or whole foods its because I'm looking for a particular quality of product and I don't care if its certified free trade."}
{"_id": "578941", "title": "", "text": "\"Change the password on your bank account immediately. This is certainly a scam, and while they have your login info they can cause you even bigger problems. As soon as possible, contact your bank and let them know what happened. If you look at the links in the \"\"Related\"\" list you'll see that this is a fairly common scam. It relies on the fact that some forms of fraudulent deposit take a while for the bank to detect. Sometime in the next month, the bank is going to find out that the deposit of $2500 is bogus, say from a bad check, forged money order, or some other fraudulent source. When that happens, the bank is going to undo the deposit, and demand that you make good any of the deposit that has been spent (including the $50 that has already gone to PayPal). The bank may also suspect you of being in cahoots with the depositor, so you may find yourself talking to the local police, accused of fraud. You've put yourself in a bad spot by giving your password out. Unless your can present other evidence, the bank will have a strong assumption that any activity conducted via the login is performed by you. This is why you should get in touch with your bank right away, to build up some evidence of good will on your part. More remote possibilities are that it is part of a 'long con', where somebody is trying to find out how credulous/greedy you are. This seems unlikely. Unless you are a plum target, few con artists would want to risk as much as $2500. Theoretically it could be some sort of money laundering set up, but amounts involved seem too small for that to be likely.\""}
{"_id": "578946", "title": "", "text": "It's the combination of lower earning power and new technologies/trends.  Like you said, why spend $100 on a sit down meal for two and cinema tickets, when you can spend 1/3 of that, get an online delivery and watch Netflix (and chill)?"}
{"_id": "578954", "title": "", "text": "All that's needed to deposit into your account are two things  Bank identifier is could be SWIFT code, IBAN, or similar routing number. an ABA routing number a similar idendifier used by US banks. It's a scam. A variant scam deposits too much money in your account and then requests you repay the excess before canceling the deposit.  If a stranger deposits money and then asks you to repay some. Do not do so. contact your bank instead."}
{"_id": "578955", "title": "", "text": "&gt; IMO, the nuts and bolts of valuations aren't the hardest part of finance.  No one going into the operational managing roles at a PE firm is there because of their experience in valuations.  There are a multitude of roles and improvement decisions are usually backed by a team of ex-consultants rather than ex-IBD guys (team doing the valuations and relevant decisions based on valuations)."}
{"_id": "578970", "title": "", "text": "I found the answer I was looking for. Even though I don't have any capital gains to offset, I can deduct up to $3,000 of that loss against other kinds of income, including salary."}
{"_id": "578981", "title": "", "text": "As someone who provides PR services to startups, I may be biased but I can shed a little light.  Those who do not hire PR firms, mostly need to get lucky, have connections or hire a marketing intern. If you do not have connections, it makes sense to hire a PR firm with a database and contacts with journalists. Or the PR firm can do manual outreach for you instead of an intern."}
{"_id": "578983", "title": "", "text": "The yield on treasury bond indicates the amount of money anyone at can make at virtually zero risk.   So lets say banks have X [say 100] amount of money. They can either invest this in treasury bonds and get Y% [say 1%] interest that is very safe, or invest into mortgage loans [i.e. lend it to people] at Y+Z% [say at 3%]. The extra Z% is to cover the servicing cost and the associated risk. (Put another way, if you wanted only Y%, why not invest into treasury bonds, rather than take the risk and hassle of getting the same Y% by lending to individuals?) In short, treasury bond rates drive the rate at which banks can invest surplus money in the market or borrow from the market. This indirectly translates into the savings & lending rates to the banks' customers."}
{"_id": "578997", "title": "", "text": "&gt;Coming from a libertarian, someone who believes in an ideology is demonstrably false with even a cursory understanding of economics or the political process?  So the political process would never allow someone that is fiscally conservative  but socially liberal to arrive in office? Tell that to a certain former governor of New Mexico.  &gt;Please, there has never been a libertarian government and there never will be and long after your dead the U.S. federal government will be involved in providing social welfare like roads, schools and bridges  Just because they do it, doesn't mean they should."}
{"_id": "579007", "title": "", "text": "I think the one single answer is that the answer depends on the two countries involved and their banks' practices. To find that answer, you need to ask other expats from your country living in France and ask them for their experience.  Note that most expats do not know what fees they are paying. For example, in the Philippines, the lowest fee charged still involves waiting 30 days to get your money.  Specifically, I opened a US dollar savings account with the minimum of US $500 required (other rules are involved for opening a bank account), deposited a personal check drawn on my US bank account (no fee charged), and waited 30 calendar days to withdraw USD bills.  The Philippines bank did not have a branch in the US, but had financial arrangements with US banks.  After getting USD dollars in my hand, I walked to a nearby exchange business store (which usually offered a better daily rate than a bank, but a rate between the banks' buy and sell rates) and exchange the dollars for pesos.  Note that years ago, banks did not give USD bills, when dollars were scarce in the Philippines. However, this process does not work in Thailand, due to bank rules against private individuals opening a USD account, with exceptions.  And there are still fees involved. March 2017"}
{"_id": "579012", "title": "", "text": "&gt; Strawman  What a cop out.  There is a real functional problem in terms of getting capital to the people who need it in as short a time as possible before the whole system collapses.  Tell your 'strawman' to Tim Geithner, the Obama Treasury secretary, or Barney Frank, who is among the most liberal US Congressman at the time and was one of TARP's staunchiest allies.   If I had my choice, no one would get a bailout and all the bad banks/borrowers could go drop dead, but the consequences were so dire.  I really hope you are some philosophy Sophomore in college and aren't responsible for actual capital investment decisions in the real world.  Your line of argument is downright pathetic and illogical."}
{"_id": "579024", "title": "", "text": "That's the big debate. Whether or not there is an employment crisis. I don't believe there will be an Armageddon as so many are claiming.   The question you're asking is the same question that's been asked for 100s of years. What happens when these jobs are gone? What happens when the majority of society is agrarian and we invent the tractor with GPS?   The comparisons to previous technological advancements ARE valid. They DID replace humans. The US economy was largely agricultural. 50%+.  These people were REPLACED and now only 1% of jobs are agricultural. These was no economic melt down.   People said the same thing about the computer - we've lived with computers for over 40 years.   Here's the thing - when you are able to produce things more efficiently, their prices go down. That opens up room for other spending in people's lives. Did you know that in the 1900s, food was 45% of the household budget? Now it is around 15%."}
{"_id": "579037", "title": "", "text": "This question is very open ended. But I'll try to answer parts of it. An employer can offer shares as part of a compensation package. Instead of paying cash the employer can use the money to buy up shares and give them to the employees. This is done to keep employees for longer periods of time and the employer may also want to create more insider ownership for a number of reasons. Another possibility is issuance of secondary offerings that are partially given to employees. Secondary offerings often lower the price of the shares in the market and create an incentive for employees to stay until the stock price rises. All of these conditions can be stipulated, look up golden handcuffs. Usually stock gifts are only given to a few high level employees and as part of a bonus package. It is very unusual to see a mature company regularly give away large amounts of stock, as this is a frowned upon practice. Start ups often pay their employees with stock up until the company is acquired or goes public."}
{"_id": "579039", "title": "", "text": "A lot of people here talk about shorting stocks, buying options, and messing around with leveraged ETFs. While these are excellent tools, that offer novel opportunities for the sophisticated investor, Don't mess around with these until you have been in the game for a few years. Even if you can make money consistently right out of the gate, don't do it. Why? Making money isn't your challenge, NOT LOSING money is your challenge. It's hard to measure the scope of the risk you are assuming with these strategies, much less manage it when things head south. So even if you've gotten lucky enough to have figured  out how to make money, you surely haven't learned out how to hold on to it. I am certain that every beginner still hasn't figured out how to comprehend risk and manage losing positions. It's one of those things you only figure out after dealing with it. Stocks (with little to no margin) are a great place to learn how to lose because your risk of losing everything is drastically lower than with the aforementioned tools of the sophisticated investor. Despite what others may say you can make out really well just trading stocks.  That being said, one of my favorite beginner strategies is buying stocks that dip for reasons that don't fundamentally affect the company's ability to make money in the mid term (2 quarters).  Wallstreet loves these plays because it shakes out amateur investors (release bad news, push the stock down shorting it or selling your position, amateurs sell, which you buy at a discount to the 'fair price'.) A good example is Netflix back in 2007. There was a lawsuit because netflix was throttling movie deliveries to high traffic consumers. The stock dropped a good chunk overnight.  A more recent example is petrobras after their huge bond sale and subsequent corruption scandal. A lot of people questioned Petrobras' long-term ability to maintain sufficient liquidity to pay back the loans, but the cashflow and long term projections are more than solid. A year later the stock was pushed further down because a lot of amateur Brazilians invest in Petrobras and they sold while the stock was artificially depressed due to a string of corruption scandals and poor, though temporary, economic conditions. One of my favorite plays back in 2008-2011 was First Solar on the run-up to earnings calls. Analysts would always come out of these meetings downgrading the stock and the forums were full of pikers and pumpers claiming heavy put positions. The stock would go down considerably, but would always pop around earnings. I've made huge returns on this move. Those were the good ole days. Start off just googling financial news and blogs and look for lawsuits and/or scandals. Manufacturing defects or recalls. Starting looking for companies that react predictably to certain events. Plot those events on your chart. If you don't know how to back-test events, learn it.  Google Finance had a tool for that back in the day that was rudimentary but helpful for those starting out. Eventually though, moreso than learning any particular strategy, you should learn these three skills: 1) Tooling: to gather, manipulate, and visualize data on your own.  These days automated trading also seems to be ever more important, even for the small fish. 2) Analytical Thinking learn to spot patterns of the three types:  event based (lawsuits, arbitrage, earnings etc), technical (emas, price action, sup/res), or business-oriented (accounting, strategy, marketing). Don't just listen to what someone else says you should do at any particular moment, critical thinking is essential. 3) Emotions and Attitude: learn how to comprehend risk and manage your trigger finger. Your emotions are like a blade that you must sharpen every day if you want to stay in the game. Disclaimer: I stopped using this strategy in 2011, and moved to a pure technical trading regime. I've been out totally out of the game since 2015."}
{"_id": "579045", "title": "", "text": "Say the rate is 6%, and the payment is $500/mo. If the bank credits on the day received, the .5% per month is $2.50 for the whole month. In other words, pulling in the payment by the full 30 days will save you about $2.50. The whole loan may be costing $3.50/day, but you can only impact the amount one payment at a time.  To be clear, you need to find out exactly how they credit you. Some loans do not accept partial payments separate from the normal payment. If a $500 payment is due, that's the time to prepay principal, but they might not accept, say, $200 each week.  As a side note, mortgages typically don't credit the way you'd hope. I have a standard 30 year mortgage and whether I send the payment a full 15 days early or 14 days late, the next month shows a balance that I can pull from an amortization table assuming all payments are on the 1st of the month. If I were you, I'd make a full payment 2 weeks early, then check your balance and see what the impact was, just to be sure."}
{"_id": "579056", "title": "", "text": "I just had a reverse split done 1 to 35. I went from 110,000 shares and a negative 13k to 3172 shares, and I still had a negative 13k. If your company does a reverse split take the lost and get out, it's bad news all the way around."}
{"_id": "579063", "title": "", "text": "All questions regarding why is activity X taxed but activity Y taxed differently boils down to: The legislature wanted to promote or discourage the activity. By making employer provided healthcare tax free to the employee, the average worker like the plan. Not only is a significant portion not coming out of my paycheck, I also don't have to pay taxes on the benefit. Some organization pushed for this and the legislature agreed."}
{"_id": "579066", "title": "", "text": "Every customer's circumstance is checked on consistently to guarantee top notch control. Amid business hours, one of our Account Associates is accessible for conference and aptitude. Instead of acquiring the cost of a full-time bookkeeper you pay just when you require guidance. Our key favorable position by Miroslav zecevic  to our clients is our coordinated business relationship that starts on the principal day a customer joins our firm. Consistently, our experts have worked with businesses of all sizes. Our extensive variety of services and aptitude secures the future development for some businesses over the globe."}
{"_id": "579097", "title": "", "text": "Having a very high payout ratio is fine if there aren't any sensible investments available for the company, and citi already had their payout ratio somewhere in the 80% range.   The remaining excess is from them reducing the capital bed they were required to hold for the stress tests; cash that was essentially sitting around doing nothing.  [WSJ link](https://www.wsj.com/articles/BT-CO-20170628-711143) for u/LupusSuperius"}
{"_id": "579102", "title": "", "text": "It will be most interesting to see what happens as Oil starts to get traded more in more in other currencies.  In the controlled demolition that was the WTC, you could see the disbelief in peoples faces as the top started to topple and the first few floors pancaked, then the fear as they realized the whole thing was coming down and they started to run.  Feels the same, a controlled demolition, 9.8 m/s^2 all the way down. Free fall"}
{"_id": "579110", "title": "", "text": "\"&gt;he believes that Facebook\u2019s IPO is a clear sign that capital markets are rigged against ordinary \u201cmom and pop\u201d retail investors.  Should mom and pop be investing in IPOs in the first place?  And if they are then shouldn't they be expected to read all the SEC filings just like any sophisticated market participant?  I think the FB IPO sucked really badly and damaged capital markets but NOT because \"\"mom and pop\"\" didn't read all the filings.\""}
{"_id": "579114", "title": "", "text": "I expected a word or two on the price elasticity of demand here :) Andrey, Your question needs slight revision in its current form. Rising prices actually do not mean increased profitability for a company. The quantity they sell also pays a huge part and actually is correlated to the price at which they sell the goods (and other factors such as the price at which their competitor sells the goods etc., but we will ignore it for simplicity).  The net profit of sales for any firm is equal to  (Qty x Sale Price) - COGS - SG&A - taxes - other expenses where, COGS means cost of goods sold SG&A means sales, general and admin costs (e.g., cleaning the inventory storage area daily so that the goods stay fresh etc.) other expenses include any miscellaneous other costs that the firm incurs to make the sale. Now, if everything in that equation remains same (COGS, SG&A, taxes, and other expenditures), rising prices will only translate into a higher profit if the quantity does not fall by the same margin. Prices may also rise simply as a response to risking COGS, SG&A or other expenditures --the latter may be observed in inflationary environments. In such a case, the supplying firm can end up losing its profit margin if the quantity falls by more than the price rise."}
{"_id": "579116", "title": "", "text": "\"First off, you really don't want to get into equity research. It's a dying, shrinking business. Trust me on this. Also, sales skills are key in this business, even in research, because if you're a sell-side analyst, half your job is going to see clients (i.e. sell to clients) with the sales people.  As for your internship, put on your big boy (or big girl) pants and stick it out. There's not a lot of room for the \"\"personality defect\"\" excuse (\"\"I'm shy\"\") in this business, nor is there room for the \"\"but I'm not good at this!\"\" excuse. If you got this far, you can take a deep breath, put on a smile, and achieve.   Here's how:  Shyness: Set tiny achievable goals to overcome your shyness. I'm sure you can google the shit out of this but start small, focus on speaking slowly and making eye contact. Become a man (or woman) of few, impactful words. Speaking like this will feel good.  Sales skills: Try to analyze -- in detail -- what your experienced coworkers are doing, and how: how do they sound on the phone? What language do they use? What kind of things do they talk about? How long do they speak before letting the client speak? Etc.  In general: Try to step outside of yourself a little bit: you're not a special snowflake, and nobody really actually cares if you succeed. It doesn't really matter to your coworkers if you screw up or act strange or shy, because a week after you're gone you'll just be a memory. The corollary of this is that you should consider the pressure off. They yell at you? Who cares? Fuck 'em. Just make small improvements as per the above, do it for yourself, and consider the pressure off.   Coping: find a fulfilling evening activity or goal. TV doesn't count. Reading is good. Bicycle racing is good (depending of course where you are geographically). Whatever. Make time for this activity, it will keep you sane. PLUS, being GOOD at something else, even a hobby, will validate you and help you be less shy.  Remember, this early in your career, it's all upside, so make the best of it while there isn't as much at stake.\""}
{"_id": "579159", "title": "", "text": "Russia is ruled by a tyrannical psychopath. Putin, being KGB/FSB just does a good job of hiding the author of his terrorist acts, mostly against other Russians. As well, the government has alliances with organized crime so that *favors* are repaid in less obvious ways, like not arresting someone known guilty or pressuring (on pain of death) journalists not to reveal certain facts and alliances.  Putin has allied himself with anyone who will further his agenda. Currently he is allying with US fundamentalist, evangelist Christians and homophobes. He allows police to stand by as gays are terrorized and abducted and tortured through his *patriotic* Putin Youth.  These idiots come from the depths of the human soul after everything decent and humane has been sold off for hard cash."}
{"_id": "579165", "title": "", "text": "I believe the best way to go about it is to approach a good friend or relative to borrow the money, interest free. Do discuss with them the repayment schedule. If you have any assets such as house / stocks, you can pledge them in exchange for $5000 cash. I believe the banks would be more than happy to lend to you. You could try one of these Peer to Peer lending sites where you could borrow money from other people instead of banks."}
{"_id": "579174", "title": "", "text": "If it is people that made so many lose their jobs, retirement and homes and then mocked them as well as called them lazy and wanting handouts then abso-fucking-lutely. If it is the poor teller that has no bearing on the situation then no I am not. The article stated that traders and the like will be included in this round of cuts. Those are the cocksuckers that deserve to lose their jobs and homes after robbing the citizens of this country."}
{"_id": "579198", "title": "", "text": "&gt; What exactly does Russia get from us, if anything, that they can't get somewhere else?  Food, capital and human capital.  &gt; And if they get something I guarantee Putin has found a substitute source  E.U. and the US produces some of the worlds best produce in terms of quality and quantity. Russia has no problem feeding their population. If they're cool with eating nothing but wheat and corn.  &gt; IMHO this is not as bad as the media wants you to believe.  Actually it's gonna be pretty fucking bad for the Russian people. They are already suffering from inflation and GDP stagnation from the previous years sanctions."}
{"_id": "579235", "title": "", "text": "Economics without math is a tall order, since it seems that one of the things economists love to do is try and reduce everything down to mathematical formulas.  OTOH you are asking about a lot of topics besides economics. A few books I might suggest would be those three should do a good job of introductory info and helping you understand the basics and vocabulary. If you want more, one of the better 'recommended reading lists' for things financial that I've ever found is here"}
{"_id": "579244", "title": "", "text": "Traditionally, dealers and broker-dealers were in contact with the actual producers of a product or issuers of a security, selling it at the exchange on their behalf.  Consumers would traditionally be on the buy side, of course. These days, anyone can enter the market on either side.  Even if you don't hold the security or product, you could sell it, and take on the risk of having to stock up on it by the delivery date in exchange for cash or other securities.  On the other side, if you can't hold the product or security you could still buy it, taking on the risk of having to dispose of it somehow by delivery in exchange for cash or other securities. In either case you (the sell-side) take on risk and provide products/securities/cash.  This is most commonly known as market making.  Modern literature coins the terms liquidity taker (buy-side) and liquidity provider (sell-side).  Even more accurately, risk management literature would use the terms risk-taker (sell-side) and risk spreader or risk reducer (buy side). This is quite illustrative in modern abstract markets.  Take a market that allows for no offsetting or hedging because the product in question is abstract or theoretical, e.g. weather trading, volatility trading, inflation trading, etc.  There's always one party trying to eliminate dependence on or correlation to the product (the risk reducer, buy-side) and the counterparty taking on their risk (sell-side)."}
{"_id": "579251", "title": "", "text": "I went to Chipotle the first time a couple of months ago. I was completely unimpressed by everything. It's cafeteria beans, meat, and rice dumped into a bowl or onto a tortilla. It would actually be more impressive if they didn't have the cafeteria style service and let you order off the menu."}
{"_id": "579260", "title": "", "text": "***NO WEBSITE IS PERMANENT!***   Fuck, how stupid are investors? Websites have a popular life of a couple of years at best. Why pay insane P/Es when the expected life is so damned short? Why do stable companies with no horizon in sight have low PEs while extremely volatile, short-lived websites have high PEs? This defies all logic.   Stop chasing sexy and go with something stable and long term. You morons."}
{"_id": "579277", "title": "", "text": "To play devil's advocate, could you not also argue that the author correctly framed the article? In 2012, Amazon had primarily (if not solely) an online presence, so there would be no way to have an effect on consumers -- therefore no relevance.  However, Amazon made a brick-and-mortar acquisition which will now have a direct effect on consumers by trying to hamper which sites their customers try to access while on wifi and can also be seen as anticompetitive."}
{"_id": "579292", "title": "", "text": "These interest rates are very low. One of the reasons that I prefer E*Trade is because on their on-line savings account the interest rates are several times higher than on ScotTrade margin accounts (currently it's 0.7% on E*Trade, on any amount, IIRC). The transfers between the accounts on E*Trade are immediate, and they allow using the money for investing immediately even for transfers from outside source. If you can wait a couple of days for the money to arrive before your investment (unless ScotTrade, like E*Trade, allow investing external transfers immediately), you can look at AMEX, ING Direct or Capitol One on-line savings accounts for even higher rates. Oh, and needless to mention, on-line savings accounts are FDIC insured, I'm not sure if the uninvested deposits on Scottrade are."}
{"_id": "579311", "title": "", "text": "&gt;It's not about who would win a conflict. It's about how easy to control they are. &gt; &gt;The entire might of the american military can't defeat a third world, sub 85 IQ militia given 15 years. Why do you think it would be easier to defeat a civil insurrection?  It's pretty sad you think the people fighting in those countries are dumber then the American soliders (who by the way are mostly there as a result of being to stupid to do anything else), living a less impressive lifestyle doesn't make you stupid, it makes you a victim of circumstance.  That aside, context is important, USA has more toys on US soil than the middle east, so you'll be bringing a gun to a drone fight, they would be fighting in territory they have comprehensively mapped using the largest communications collections framework in the world.  The leaders of any militia would be found and killed in hours if the entire weight of the US government were looking for them.  But hey, you hold onto your AR15, I'm sure it can deal with a whatever the government has..."}
{"_id": "579313", "title": "", "text": "In addition to the other answers, Harris Bank (now owned by BMO) allows Canadians living in Canada to open accounts, perhaps they consider other countries as well.  They have excellent customer service."}
{"_id": "579315", "title": "", "text": "Some companies have banks and brokerages that are completely separate systems. So you could be actually running ACH transactions between two different banking entities. Bank of America used to have significant latency between BoA accounts, because they ran into delays integrating Fleet, BankSouth and BoA systems."}
{"_id": "579319", "title": "", "text": "There many asset allocation strategies to chose from that beat lifestyle funds. For example: Relative Strength Asset Allocation keeps your money in Stocks when stocks perform well, bonds when they outperform stocks, and cash when both bonds and stocks are under-performing.   The re-allocation happens on a monthly basis."}
{"_id": "579328", "title": "", "text": "\"&gt;They will want to step away for a few years. Then will quickly realize, or already knew, holding cash is just as bad of an investment. They will then turn to hedges against inflation, real assets, further devaluing the dollar. They will turn to commodities and energy the only things in the past decade besides entrepreneurial investments which have increased in value.  This is where you differ from the Fed. Not saying either one of you is wrong, but the Fed wants inflation in order to force individuals and, more importantly, businesses to invest their capital in CapEx, equities or other \"\"risky\"\" assets in order to combat inflation.  You bring up a good point that if they chose to invest solely in inflation hedges, it may compound the problem. What happens when supply and demand are forced back towards equilibrium though? Gold is a different animal, but for other metals with industrial uses, would demand through inflation hedging be able to fend off decreased industrial and actual demand for the physical material?\""}
{"_id": "579340", "title": "", "text": "&gt; No it isn't.   You specifically jumped to the most extreme and most *obvious* example of the application of consent as a concept, I'm going to say because you realize on some level that the less extreme and less obvious cases make it rather clear that what exactly does indicate consent and what exactly does not is just a matter of what society generally says it is. So I'm leaning now toward you just being a charlatan, albeit not a very good one. The rest of your comment has no relevance beyond putting on display how dumb and stubborn you're being, which might be worth going over if that weren't already established. If you change your mind about this it'll be with some reflection long after I'm done talking to you, so there's no real point sticking around waiting for you to develop on the spot."}
{"_id": "579366", "title": "", "text": "Sort of.  I mean that even though TV generally sucks, and there are better alternatives, the average human may not be smart enough to care.  TV is easy, something they're used to, and requires no energy to watch or make any changes.  So, they may eventually catch on, but the TV industry will probably be able to stay a step or two ahead of them simply because it's not too hard to do, and nothing will happen too fast.  I learned about investing back in the dot com days.  I invested too heavily in high tech thinking it was really happening, and I was somewhat right, but it just didn't happen as quickly as we all thought, and a lot of companies went broke because they had no short-term income or plan, and ran out of capital.  Now I know there's more to it than simply knowing which way the wind blows.  You also need to know about butterflies and hurricanes so to speak.  Timing is important, and shorting stocks can be profitable unless it takes too long, and you end up being forced to act before you're ready."}
{"_id": "579370", "title": "", "text": "According to a financial adviser I spoke to, lottery is the riskiest of investments, whereas cash is the safest. Everything else falls between these 2 extremes."}
{"_id": "579380", "title": "", "text": "If your goal is to have a 400K net worth, in 11 years, and you invest 2144 the entire time you will need a rate of return of at least 6.4%.  This is assuming that you have zero net worth now and it does not consider your house.  Obviously the house will be worth some amount, and the mortgage balance will go down.  However, it cannot really be calculated with the details provided.   It seems like your risk tolerance is low.  You may want to head over to Bogleheads.org and look into their asset allocation model.  They typically site about a 7% compounded growth rate which will more than meet your goals.  They probably have information for European investors that map to the funds that we use here in the US.   Keep in mind, during this time you will likely receive raises, if you start out assuming you will hit the 400-500k mark, and stick to the plan, you will likely blow that goal away.   Also keep in mind the three legs to wealth building:  giving some, spending some, and investing some.  Your question is addressing the investing portion make sure you are also enjoying your money by spending some on yourself; and, others benefit from your prosperity.  Giving to causes you deem worthy is a key component to wealth building that is often overlooked by those interested in investing."}
{"_id": "579416", "title": "", "text": "I can appreciate your point, but I will defer to WHO, US Department of Health and Human Services, Pew Health Group, and Johns Hopkins Bloomberg School of Public Health as sources. I can get downvoted by people on here all day long for quoting science, but that puts me in the right. Your points are interesting, however I will take the PHDs, and decades of research and data as a better source - I am sure you feel you are smarter than them and that is fine you are entitled to feel that all day long just not by me."}
{"_id": "579427", "title": "", "text": "It seems outsourcing tech usually turns out to be a disaster for most companies in the long term, and yet they keep on trying it because it appears to save money in the short term.  My last two jobs were helping re-write code completely from scratch because they used outsourced programmers and the code was so horrible that none of it was worth saving.  As someone else mentioned here, it's entirely possible there are some good coders in these developing countries.  But they seem to be very rare.  More typically, they lack knowledge modern coding standards and practices.  And even if they are good programmers, the lack of direct in-person communication results in a mess anyway."}
{"_id": "579435", "title": "", "text": "They are far from the only business that does this though. Computer Chips for GPUs and CPUs are often made with the best top of the line chip in mind and then lower SKUs are created by bining worse chips and disabling features by hardware or software means. It sucks but its just cheaper to produce one top of the line chip than to make many SKUs.   Edit: Corrected my stupidity - thanks wdeezy!"}
{"_id": "579472", "title": "", "text": "\"Several events will always result in a reduction of your score, including: These will show up in the short term, but I don't think it's worth $40 per year in perpetuity to avoid this. These aren't serious \"\"black marks\"\" in the same category as missing payments, carrying too much debt, or foreclosures/evictions, etc. These effects are designed to signal issuers when someone acquires a large amount of credit in a very short period of time, which may indicate a greater risk. If your credit is good and you are using your other cards responsibly, closing the card (given the annual fee) would not cause me great concern if it were me. Since you are so much better of a risk than you likely were in college, you can also call Capital One, ask to speak with a supervisor, and ask them to drop the fee and increase your credit limit. They should be able to easily verify that you meet the requirements for other types of preferred cards they offer, and they should be willing to offer you improved terms rather than losing your business. It is very possible they simply haven't re-evaluated your risk since you initially applied. Also, remember that these types of effects determine only a portion of your overall score. Activity is also a major component. Rather than leaving an unused card open for history and debt-to-limit purposes only, I would also recommend having some minimum level of activity, such as an automatic bill payment, on each card you carry. The effect of using your cards over time will have a significant positive effect on your score. Best of luck!\""}
{"_id": "579473", "title": "", "text": "A technique that is working pretty well for me: Hide the money from myself: I have two bank accounts at different banks. Let's call them A and B. I asked my employer to send my salary into account A. Furthermore I have configured an automatic transfer of money from account A to account B on the first of each month.  I only use account B for all my expenses (rent, credit card, food, etc) and I check its statement quite often. Since the monthly transfer is only 80% of my salary I save money each month in account A. I don't have a credit card attached to the savings account and I almost never look at its statement. Since that money is out of sight, I do not think much about it and I do not think that I could spend it. I know it is a cheap trick, but it works pretty well for me."}
{"_id": "579493", "title": "", "text": "Do you all think this is a move where Amazon is looking to be collocated to another tech/business talent hub in a city on the opposite coast in order to attain a wider spread of talent?  If so, would that probably be someplace like Boston?    Or is this a move to get a cheaper but still talented professional workers in a city where they will not have to pay as much?  I feel like that could be a lot of places.  If this was a major set of logistics hubs, I would be looking at this differently, but it seems to be focused on professional workers right?"}
{"_id": "579502", "title": "", "text": "\"This whole thing is about subjectivity and judgement.   Reed Hastings personally believes that Donald Trump is so absolutely unqualified for the job of President that he personally believes that anyone who would **proudly** vote for him has a screw loose.   My point is that this isn't \"\"you voted for a Republican, so I want you fired\"\" - which is the kind of political discrimination you're talking about. This is \"\"you promoted the janitor to reactor safety officer, so I don't think I want you in charge of this place.\"\"\""}
{"_id": "579512", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://bunky1787.wordpress.com/2017/06/04/jim-rickards-free-trade-a-barbarous-relic/) reduced by 98%. (I'm a bot) ***** &gt; What Rickards ignores is that as these dollars were being accumulated abroad(voluntarily as countries attempted to increase their reserve balances), the attempt to prevent the fall of the dollar&amp;#039;s value by the U.S. government through foreign investment disincentives, restrictions on foreign lending, efforts to stem the official outflow of dollars, and cooperation with other countries did not succeed(in addition to foreign trade restrictions).  &gt; On the contrary, the depreciation of the Yuan improves the purchasing power of U.S. citizens in terms of Chinese imports and has little correlation with U.S. consumer prices.  &gt; A foreigner needs dollars to purchase U.S. goods, and if exporters cannot acquire as many dollars from sales to the U.S., then they will be unable to effectively demand our goods and services in return.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6f5k71/jim_rickards_free_trade_a_barbarous_relica/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~135950 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **U.S**^#1 **price**^#2 **dollar**^#3 **Rickards**^#4 **foreign**^#5\""}
{"_id": "579538", "title": "", "text": "Acorns rounds up purchases to the nearest dollar and invests that extra change. Digit is a standard savings account but it automatically withdraws money from your checking account based on your spending patterns."}
{"_id": "579543", "title": "", "text": "Amazon Prime 2 day delivery is mostly the white vans driven by outsourced contractors. I'm sure there are area's where Amazon hasn't leased the sprinter vans yet and the contracted company uses whatever types of vehicles they normally use.   Prime Now 2 hour delivery is Amazon Flex drivers, which is just normal people with an app similar to Uber. Can be any type of vehicle.  (source: I've done both)  On the other side, non-prime deliveries are usually from UPS, FedX, or USPS. Amazon Delivers to their facilities in pre-sorted bulk.  (edit) I don't understand this article since Amazon has been doing this exact thing for over a year here in the midwest. I'm assuming they are just rebranding it now and probably expanding it to attract more contractors."}
{"_id": "579545", "title": "", "text": "I have had two. Using one now as wind down for the night. I also have an iPad and laptop. I prefer the Fire to cruise blogs, forums and check news. I do not have FB on it so is an oasis. Amazon repurposes technology so Fire lives on in other hardware and interfaces. So, failures are not all equal."}
{"_id": "579546", "title": "", "text": "I agree with Rogers, Russia seems to have a lot of potential.  Although their standards for democracy fall short of what is ideal, economically Russia has been on a strong upward trajectory since 2000 and will probably continue that trend as the value of commodities continues to rise."}
{"_id": "579557", "title": "", "text": "\"From the Vanguard page -  This seemed the easiest one as S&P data is simple to find. I use MoneyChimp to get -  which confirms that Vanguard's page is offering CAGR, not arithmetic Average. Note: Vanguard states \"\"For U.S. stock market returns, we use the Standard & Poor's 90 from 1926 through March 3, 1957,\"\" while the Chimp uses data from Nobel Prize winner, Robert Shiller's site.\""}
{"_id": "579577", "title": "", "text": "\"Why go for an average two bedroom?  I lived for a few years in a low-priced 4 bedroom apartment that I shared with 3 other people.  I used the money I saved from living below my means to put a down payment on a duplex, which I used to \"\"live for free.\"\"\""}
{"_id": "579584", "title": "", "text": "There IS an amount of money you can pay to make people deal with very unpleasant situations.  Offer me my old pay + 50% to go back into the workplace daily and deal with my last boss? Yeah, I'll tell you to go fuck yourself.  Offer me 3M+ a year to do it? Okay. I'll take that and do JUST ENOUGH to keep the job for a year or two, and then I'll never fucking work again. Or I'll get fired and laugh all the way to the bank anyway."}
{"_id": "579601", "title": "", "text": "\"The short answer is: it depends. The longer answer is that balance transfers are tricky, and often a bait-and-switch; they'll offer 0% interest, but charge a 3-4% \"\"fee\"\" (which isn't interest and is perfectly legal) on the amount transferred. If you transfer $5000, you now owe the new card company $5,200. Now, that could be fine with you; at an 18-20% APR on your old card you may have been charged that much in just one or two months, and by capitalizing this fee up front you lock in 0% for a year. However, there are other possible machinations behind the scenes. For instance, you may incur retroactive interest on the full balance if not paid off in the year (at 20% APR on $5000, that's an extra grand you will owe if there's even one dollar of the original transferred balance left in the account). Paying off the balance and thus avoiding these penalties has actually been made harder by the CARD Act, which required creditors to apply any payment made to the highest-interest portion of the balance first. As balance transfers are 0% they are the last on the list, so if you transfer a balance and then carry an additional balance you are setting yourself up for failure. You MUST have a zero-dollar balance for one month sometime during the year in order to be sure the balance transfer is paid off and no penalties will be incurred. That can be hard, because 5 grand is a lot to pay off. To pay off a $5000 balance in 12 months requires payments of $417. Miss one and you'll have to make it up over the remaining months. If you transferred a balance, you probably didn't have $420/mo to pay to the card in the first place. In summary, balance transfers can work, but you have to understand all of the terms and conditions, and what will happen should you violate any of them. If you don't understand what you're getting into, you could very well end up worse than you started.\""}
{"_id": "579603", "title": "", "text": "Here's the thing, Japan produces and sells a lot of different products where as Greece sells Olive Oil. If Greece could somehow turn their olives into a fuel source, they would be the richest nation in the EU (Sean Lock in 8 out of 10 Cats). Sorry too lazy to find the episode , but it was really funny."}
{"_id": "579604", "title": "", "text": "I've spoken with a number of expatriates in Canada and Canadian bankers over the past few days.  Here's what I've been able to piece together. This was surprising to me.  As I understand it, the only sure-fire way to wire transfer funds from an arbitrary bank to another arbitrary bank on a different continent on the first try  is by using the IBAN number of the destination account.  IBAN seems to be the only account number format that is anywhere close to a worldwide standard.  If the destination account does not have an IBAN number (like those in Canada and USA), then you rely on a degree of wisdom on the part of the sending bank(er) to format your numbers (account/institution/transit/etc) in such a way that the transfer successfully reaches the destination account. If any given sending bank has not sent funds to another given non-IBAN bank recently, then there is an element of uncertainty as to how the destination account's numbers have to be entered into the sending bank's system.  The de facto practice seems to be to develop the wisdom of what works and what doesn't by attempting to transfer small sums until they succeed.  Then the sending bank uses the exact same method to transfer the large sum as they used for the small sum that succeeded. It seems like there are some things you can do pro-actively increase your odds that a wire transfer to a non-IBAN account will succeed.  Ultimately you want to provide four different pieces of information that are especially important for non-IBAN wire transfers: All of your numbers in all applicable compositions - Wire transfer number formats are often actually multiple fundamental numbers that are concatenated, prefixed, and suffixed.  I suspect that some wire transfer senders actually need to enter the fundamental numbers separately or in different compositions.  Suppose the sending bank needs, for example, the institution identifer.  The ABA routing number does contain, among other things, the institution identifier.  However, you should provide the institution number separately in your wire transfer instructions because the sending bank might need the institution number and will probably have no idea how to extract it from the ABA routing number. For Canada, I think the number you should provide are as follows:"}
{"_id": "579608", "title": "", "text": "That's... sort of what anti-trust law does.  The idea of anti-trust law isn't to help small companies to compete.  It's to stop big companies from abusing consumers.  That's why you not only need to be a monopoly, but you also have to abuse that monopoly position.    A good comparison here may be the anti-trust concerns with Nielsen ratings, over the years.  As recently as just a few years ago, though, any such suits have been struck down.  Even though Nielsen has a near 100% monopoly on the ratings industry, there's no evidence they've used that monopoly to stymie competition."}
{"_id": "579614", "title": "", "text": "https://www.forbes.com/sites/susanadams/2015/08/18/how-people-who-work-for-amazon-really-feel/#3072825d3305   &gt; Times reporters David Streitfeld and Jodi Kantor wrote in a 7,000-word feature that they had interviewed 100 current and former Amazon employees, most of whom described an intense, often cutthroat workplace where senior managers encourage their reports to attack one another\u2019s ideas in meetings. An internal phone directory includes instructions on how to send secret notes about colleagues. Workers suffering from cancer, miscarriages or other personal issues are penalized or pushed out, as are any employees who don\u2019t meet the company\u2019s high standards. Many Amazon employees resort to weeping at their desks, said the story."}
{"_id": "579628", "title": "", "text": "If you are the only owner: then morally there is nothing wrong with this, as long as you make sure that everything is tracked so that you pay the proper taxes from the correct entity. The danger for you and your business is if the transfers aren't planned. Because you may not be re-investing enough of the profits back into the company. That means that the equipment may be aging but you aren't replacing it, it can also mean that you aren't spending enough on business development.  If you pay yourself so much that you bankrupt the company that isn't good. If you live the good life but starve the employees and they realize it, or if you starve the business and the employees realize it; then you might have a problem motivating and retaining employees."}
{"_id": "579633", "title": "", "text": "&gt; a world where there are 3 times more inventors, 3 times more scientists, 3 times more doctors, composers, cleaners, 3 times more customers etc\u2026 Imagine this technical progress, new medications, excellent health care, fresh honey for ears, pure Earth, etc\u2026  Funnily enough, we'll get to this faster if we got rid of birth control."}
{"_id": "579638", "title": "", "text": "&gt; Nutritionists counseled them in person and by phone, promoting regular exercise and urging them to eat more vegetables and less fat.   This is counter to the FAQ in r/loseit which says eat less carbs, more protien and fat, which are more satisfying, and leads to less eating overall. Sounds like they just have a bad diet."}
{"_id": "579644", "title": "", "text": "You can take out the contributions to your Roth tax and penalty free.  That's the good thing. Anything above the amount you contributed that you withdraw early will cost you ordinary income tax (which is higher than capital gains tax) plus a 10 percent penalty on that amount. So if you have $15,000 in the account and $5,000 is gains and you withdraw $11,000, then you owe tax and penalty on $1,000.  The penalty is 10% and your taxes (high taxes!) are added to that.  Pretty bad deal. If you kept it in a normal account and paid capital gains tax, you just pay 15% (or whatever) on your gains and you get to offset income tax with your losses via tax loss harvesting. So back to your question: your idea works even better than you suggested if you only withdraw up to the amount that you contributed (you pay no tax!).  Take out any of the gains and you will be penalized more than you would if you just paid capital gains on them.  Leave those in until you are old enough to take them out penalty and tax free. To me, contributing to a Roth, making a bunch of gains on it, and withdrawing only the contribution part whenever you want seems to make good sense."}
{"_id": "579655", "title": "", "text": "Since you are in college, there must be a resume clinic somewhere on campus?  I would remove the restaurant and golf course job, since you already have the real estate position on there. Do you have any school projects? You can add those."}
{"_id": "579682", "title": "", "text": "Maybe you have not been able to see it because your tickets have been sold out, but that's no problem since in the Eticket Pros ticket purchase and sale portal you still have the possibility to book a privileged site to see it in the site of your choice. All music Event tickets New York are just a click away. Eticket Pros is a new system of buying tickets for concerts and events that facilitates the purchase, since it is comfortable, simple and avoid queues, travel and allows to buy tickets from any device with Internet access."}
{"_id": "579747", "title": "", "text": "Question: at what point, if any, am i free to use this money? Never. It's not your money."}
{"_id": "579748", "title": "", "text": "Obamacare slowed the increase. But it's hard for republicans to grasp $100 a month next year is $120. By the time it hits $300 it's now $360 the next year. Ten $440. Then $520. Yeah the ACA didn't raise your shit 1000% you idiot."}
{"_id": "579751", "title": "", "text": "Thanks it is problem for class and I don't want to give the problem I just want to understand how to actually do it and the book hasn't been much help. Only additional information I can provide is   In Inventory \u2013 15 days Accounts Receivable outstanding \u2013 35 days Vendor credit \u2013 40 days Operating Cycle \u2013 50 days"}
{"_id": "579760", "title": "", "text": "Depends on the house. If it's a house that's <10 years old, you're looking at pretty minor repair work. You can probably afford to be aggressive. I bought a home built in 1927 in 2006. Since then, I've put on a roof, replaced windows, replaced hot water tanks, replaced bathroom fixtures and corrected plumbing horrors. Total cost: $20k. Had I spent down savings on a down payment, I would have been in rough shape financially. Other things to think about are:"}
{"_id": "579763", "title": "", "text": "4) Beef up my emergency fund, make sure my 401(k) or IRA was fully funded, put the rest into investments. See many past answers. A house you are living in is not an investment. It is a purchase, just as rental is a purchase. Buying a house to rent out is starting a business. If you want to spend the ongoing time and effort and cash running a business, and if you can buy at the right time in the right place for the righr price, this can be a reasonable investment. If you aren't willing to suffer the pains of being a landlord, it's less attractive; you can hire someone to manage it for you but that cuts the income significantly. Starting a business: Remember that many, perhaps most, small businesses fail. If you really want to run a business it can be a good investment, again assuming you can buy at the right time/price/place and are willing and able to invest the time and effort and money to support the business.  Nothing produces quick return with low risk."}
{"_id": "579777", "title": "", "text": "\"Disney got it all.  \"\"Disney will also acquire the substantial portfolio of cutting-edge entertainment technologies that have kept audiences enthralled for many years. Lucasfilm, headquartered in San Francisco, operates under the names Lucasfilm Ltd., LucasArts, Industrial Light &amp; Magic, and Skywalker Sound, and the present intent is for Lucasfilm employees to remain in their current locations.\"\"\""}
{"_id": "579798", "title": "", "text": "\"Shall we discuss the vast closing down of brick and mortar stores due to Amazon's increased presence? While I agree with you on not buying Amazon right now as there are much \"\"safer\"\" investments if you're looking for long-term growth, let's not deny reality - their numbers are great and one sub-division's flop (the Fire brand) is not a basis for demeaning the accomplishments of an entire company as a whole. Bezos is doing a great job and has proven all the early nay-sayers dead wrong, and this purchase was a great move for something they've been moving towards. Amazon has had grocery delivery in select cities for a while and it's flourishing, no reason to assume that increasing their presence via Whole Foods won't improve that.\""}
{"_id": "579800", "title": "", "text": "CD Laddering is a process of buying multiple CDs at longer terms to take advantage of better interest rates while still having liquidity. The benefit of a CD ladder is based on this assumption.  Without higher rates for longer terms, I wouldn't ladder CDs.  So, let's assume you have $10,000 to invest.   And let's say you have a 12 month CD at 1% and a 24 month CD at 2% available to purchase. You could lock all of your money up for 2 years and buy the 24 month CD at 2%.   This is a good rate of return, but locks up your money for longer than you might otherwise have planned. The laddering approach is to buy longer term CDs over a regular interval.   In this case, we could buy a 2 year CD at 2% every 6 months.   Your ladder would look like this: This gives you the 2 year rate (2%) but you are always less than 6 months until your next CD matures giving you some liquidity. When each CD matures, you then purchase another 2 year CD at the more beneficial rate.  You'll always have something maturing every 6 months. Now, if you want to start with your money immediately, you can seed your ladder by buying partial terms like this: The two year time maturity time frame and the interest rates are all examples.  You could have 12 CDs with one maturing every month, one maturing every quarter, etc. The benefits of CD Laddering are that a portion of your money is never far from maturity and that your interest rate is better than it otherwise would be. The risks of CD Laddering are the same as the risks of buying CDs.  If you think CDs are a good investment, CD Laddering is a good way to invest at higher rates."}
{"_id": "579830", "title": "", "text": "You can do both if you please but a near majority of the country is just looking out for their own interests and would gladly cut you off in time of need to save a few bucks.  That doesn't make it right, just the state of things."}
{"_id": "579844", "title": "", "text": "I use cash exclusively. I go to the cash machine once a week and withdraw the money I want to spend in one week (so I have to plan if I want to buy something expensive). Otherwise I leave the card at home. As bonus you get anonymity, i.e. big brother cannot track you."}
{"_id": "579848", "title": "", "text": "You are only 33, with plenty of time to generate long-term returns. A correction is an opportunity for you to buy more at a lower price. My advice: invest about half in an index fund (S&P 500, for example) and half in a target fund (pick your retirement age), keep saving regularly, and in 30 years you'll be very happy you did. 5-10K a month is fine until all of the money is invested. (You said this is a retirement account, so invest the entire amount. Keep a rainy day fund in your non-retirement savings.) You can fiddle around with how you invest the money and I'm sure you'll get variations on my answer. My above suggestions may not be the absolute best option, but they are certainly not the worst option. Given that you are very risk-averse, keep in mind that you are in this for the long term and should be investing in something where you can safely ignore short-term downswings."}
{"_id": "579849", "title": "", "text": "I have been working since the 80s too.  I dont think thats a very good time frame to base it off of.  I would like to have someone who is around 70 years old tell me im incorrect on this one."}
{"_id": "579851", "title": "", "text": "The biggest value driver we identified were staff costs. If Amazon implements their Amazon Go technology in Whole Foods' stores(which I assume is their current plan) they would be able to cut a large chunk of staff costs reducing COGS significantly. With Jana Partners buying up shares and an already large institutional share of ownership we saw the likelyhood of success of a deal to be quite high.   The new technology is exciting and we believe interest for shopping at Amazon will be high the first years which brings revenue synergies to the table.   I'm on mobile right now(at work) so maybe I can give a more detailed answer later."}
{"_id": "579875", "title": "", "text": "USPS is in debt because they have a wonky pension system where they have to guarantee (And pre-pay) pensions for the next X years (Where X is large).  Also, shipping is part letters and part packages.  Letters are hard to make profitable.  Fedex, UPS and DHL get the sweet deal of shipping (mostly) packages. They pretty much get to only play the profitable part of the game while USPS has to play both.  They can be competitive since they don't have the low-margin job of shipping letters, and in turn they can eat into the profitable part of USPS while leaving the unprofitable part untouched."}
{"_id": "579882", "title": "", "text": "I mostly volunteer within a church environment.  Given this is reddit, I'm not sure how that comment will fair.    But I also see a lot of  workshops via networking sites; linkedin has one called 'Financial Culture | Financial Literacy', between the articles and financial counseling workshops in the area I live it would be pretty easy to get involved.    Also, START FOLLOWING COMPANIES on linked in.  Join groups that are related to what you want to do, they post items all the time about relevant news to their industry.  The more educated you can get the better."}
{"_id": "579901", "title": "", "text": "\"Invest! Because you are young and have lots of time, I recommend opening an investment account and putting most (1000\u00a3?) or all in something like an S&P 500 index fund or ETF. Start building  your savings now because compound growth over time will build significant wealth. You can still invest the other 500\u00a3/mo in something a bit less volatile if you think you'll need the money in < 5 years. If you expect your income to continue to grow and you expect to have extra cash every month for the foreseeable future, I'd just put it all in an index fund. You can weather any temporary market swings, and in the worst-case scenario you can always sell a few shares if you need the cash. The advantage of an index fund is that it has very low fees and it's an \"\"invest-and-forget\"\" approach. You don't have to watch the market every day because your money will simply match the market. And in the long term the market does much better than most managed funds or ETFs. https://en.wikipedia.org/wiki/Index_fund\""}
{"_id": "579919", "title": "", "text": "A share of stock is an asset not much different than any other asset.  If the share is being held in a joint account, it's being jointly owned.  If the share is being held by a company with multiple owners then the share is owned by the various owners.  If you're married and in a community property state, then it's technically owned by both parties."}
{"_id": "579926", "title": "", "text": "Search the State of Washington website for unclaimed property. They will tell you everything you need to prove ownership.  Also there is never a charge for this. The third party sites you see want to to pay for a service the state already provides. Q. Do I have to pay a finder's fee? An asset locator, fee finder, or heir finder is a person or company   who charges a fee for helping owners receive their unclaimed property.   The fee is usually a percentage of the money due to the owner. Under Washington law, a finder may not charge a fee of more than 5% of   the property value. Owners and their heirs do not need to pay a   finder's fee to anyone to claim funds being held by the State of   Washington."}
{"_id": "579964", "title": "", "text": "Why do they hate teen workers, people with serious disabilities, and those who never had an opportunity to complete high school?  Every employee must produce goods and/or services at least equal to the cost of their employment.    Edit to add that people in these situations CAN and DO contribute to their employer and society.  They also benefit from employment.  When the bar is set artificially high, they lose the opportunity to do so."}
{"_id": "580025", "title": "", "text": "\"I don't know Canada very well, but can offer some general points when considering where to park your emergency fund. Savings rates are currently low, but then so is inflation. Always bear in mind that inflation decreases the value of your money, so if you're getting 4% interest and inflation is 2%, you're making 2% gross in real terms. If you're getting 2% and inflation is close to zero, you're actually earning a similar amount, it's just the numbers are going up more slowly. Obviously when and how much tax you pay affects the actual return, it's just worth bearing in mind that low interest and low inflation are actually not that bad a savings environment as they first appear. For an emergency fund the key thing is ease of access, consider keeping some portion of your savings in an instant access account for those emergencies that happen when the banks are closed. In the UK there are various tax-free savings options, I'm guessing Canada has a few too, if so you should explore those options. While these may not have attractive headline rates, you don't pay tax on the interest, this can make them much more competitive (4% tax free is the same as 5% gross if you would have to pay tax at 20%). Normally tax free investments have caps so once you've invested a set amount you can't add anymore. This may be a consideration if you regularly dip into your emergency fund as you might not easily be able to build it up again. My approach is to have about 90% of my \"\"rainy day\"\" fund in easily accessible but tax free savings. This discourages me from spending it unless I really need to. I then keep a slush fund sufficient to cover every day disasters (boiler packing up, needing a hire car for a week etc) in instant access accounts .\""}
{"_id": "580030", "title": "", "text": "\"I switched back to contracting because I felt that while companies were perfectly willing to accept the fruits of me working 50 hour weeks, there didn't seem to be anything but more demands on the other end. At least this way I get paid for every hour I work.   except...  Boss recently told me I'd have to cut my hours to 40/week so they didn't run out of hours on the contract. That's cool - it means I work 7-3 and I still feel like I have a day ahead of me at home. After two days of this we're meeting at 2pm and he lays out a shitload of stuff he wants done then says \"\"we'll get back together about 5 to see how it's going.\"\"  I said \"\"This isn't getting done today\"\" and he seemed all shocked.   Oh, I get it - you didn't want me to stop *working* 50 hours a week. You just want me to stop *billing* 50 hours a week. Let me think about that. No.\""}
{"_id": "580056", "title": "", "text": "Unless I'm misunderstanding something, you don't need to move your assets into a new type of account to accomplish your goal of letting your money grow in a low cost vanguard index fund. Simply reallocate your assets within the Inherited IRA. If the brokerage you're in doesn't meet your needs (high transaction fees, no access to the Vanguard funds you're interested in) you can always move to a low cost brokerage. The new brokerage can help you transfer your assets so that the Inherited IRA remains intact. You will not have a tax burden if you do this reallocation and you'll be able to feel good about your diversification with a low cost index fund. You will, however, have to pay taxes on your RMD. Since you're young I can't imagine that your RMD will be greater than the $5k you can invest in a Roth IRA. If it is, you can open a personal account and keep letting the the money grow."}
{"_id": "580071", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.higherrockeducation.org/blog/state-of-the-economy-may-2017) reduced by 84%. (I'm a bot) ***** &gt; The core inflation rate remains below the Federal Reserve&amp;#039;s target of 2.0 percent, but most economists do not believe it is enough to deter them from increasing the Federal funds rate when they meet June 13th and 14th. Gross Domestic Product The United States real gross domestic product, the most common measure of economic growth, increased 1.2 percent in the first quarter of 2017, according to the Bureau of Economic Analayis.  &gt; Contributing to the decrease in profits were large legal settlements of Volkswagen AG, Credit Suisse, and Deutche Bank AG. Profits were 11.9 percent higher than the first quarter of 2016.  &gt; During the past year wages have increased 2.5 percent, while the consumer price index has increased 2.2 percent.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ghh0k/the_state_of_the_us_economy_may_2017/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~141209 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **percent**^#1 **inflation**^#2 **increased**^#3 **rate**^#4 **quarter**^#5\""}
{"_id": "580080", "title": "", "text": "SpecKK's answer is excellent, I've only got two things to add: When your creditors change your account number, make sure to update your online information. You're not sending back a coupon, so it's up to you to make sure it has the new number and gets posted to the correct account. If your bank supports it, give the creditors good labels/nicknames. If you have names that are similar, it's easy to send a payment to the wrong place -- this may not be easy to detect and is a hassle to straighten out."}
{"_id": "580084", "title": "", "text": "You're assuming here that anything that is difficult to obtain will be highly desired.  For me, value is largely determined by the buyer. Even if it takes the same effort to get 20 bushels of apples and a nugget of gold, if the majority of people find a nugget of gold to be worth 100 bushels, that will be the value of gold.   Conversely, lets say there is an element buried deep in the earth that has no use whatsoever. Even if it takes the effort of 10 nuggets of gold, because nobody has any use for it, its value will be zero. Even though there is high effort to procure.  I hope that clarifies your question of the exchange rate. It is determined by how much each party values the goods involved."}
{"_id": "580085", "title": "", "text": "The balance sheet and income statements are located in the 10-K and 10-Q filings for all publicly traded companies. It will be Item 8."}
{"_id": "580090", "title": "", "text": "It'd be interesting to break it out by first-generation college students vs. student's whose parents and immediate family also graduated from college.  Oh, also this is looking at students who graduated in '04, and it's well known that the recession hit black people way harder than everyone else (see employment rates). I can see those two things having linked effects."}
{"_id": "580108", "title": "", "text": "The volatility measures how fast the stock moves, not how much. So you need to know the period during which that change occurred. Then the volatility naturally is higher the faster is the change."}
{"_id": "580122", "title": "", "text": "You need to protect from two types of disasters. You need to set a goal. In 5 years I will have X months of emergency funds. Then start building it. You can also make sure that any found money (birthday check from your grandmother or bonus check at work) goes into building the fund.  While is seems a waste to pay all that interest for the student loans, you may decide that having an emergency fund is more important. Note: don't mix the two types of emergency funds. It is less confusing to have two sub accounts, because it avoids the double counting of the funds."}
{"_id": "580131", "title": "", "text": "\"&gt; \"\"How to win friends and influence people\"\" by Dale Carnegie   It's one of those titles that gets thrown around so much, you forget that it is a real book, but it is really such a great one. I have the audio book version and I put it on from time to time to refresh myself.\""}
{"_id": "580133", "title": "", "text": "I think Infochimps has what you are looking for: NYSE and NASDAQ."}
{"_id": "580147", "title": "", "text": "When you get a loan (car, home, student) the lending company (bank) give the (auto dealer, previous home owner, school) money. You as the borrow promise to pay this money back with interest.  So in your case the 100,000 you borrow requires a payment for principal and interest of ~965 per month. After 240 payments you will have paid the bank ~231,605.  So who got the ~131,000 in interest. The bank did. It was used to pay interest to the people who made deposits into the bank. It was also used to pay the expenses of the bank: salaries, retirement, rent, electricity, computers, etc. If the bank is a company with investors they may have to pay dividends to them to.  Of course not all loans are successfully paid back, so some of the payment goes to cover the loans that are in default. In many cases loans are also refinanced, or the house is sold long before the 20-30 year term is up. In these cases the amount of interest received for that loan is much less than anticipated, but the good news is that it can be loaned out again."}
{"_id": "580155", "title": "", "text": "I know that is the philosophy, but non-adventurous eaters are relatively easy to please by making different home-style &amp; bar-food combinations of basic, quality ingredients.  Tons of less sophisticated operations can handle great tasting, chicken, beef and pasta dishes with good margins."}
{"_id": "580162", "title": "", "text": "Given Tesla have decided this is a sufficiently important enough event that the extra capabilities are unlocked that means the car has the ability to peak in emergencies but only Tesla has control. Tesla defines what counts as an emergency that would boost your car. That is actually pretty bad, a personal emergency and lack of power might get you killed yet the car is capable of going further but Tesla says no with a software lock."}
{"_id": "580168", "title": "", "text": "\"Trying to figure out how much money you have available each day sounds like you're making this more complicated than it needs to be. Unless you're extremely tight and you're trying to squeeze by day by day, asking \"\"do I have enough cash to buy food for today?\"\" and so on, you're doing too much work. Here's what I do. I make a list of all my bills. Some are a fixed amount every month, like the mortgage and insurance premiums. Others are variable, like electric and heating bills, but still pretty predictable.  Most bills are monthly, but I have a few that come less frequently, like water bills in my area come every 3 months and I have to pay property taxes twice a year. For these you have to calculate how much they cost each month. Like for the water bill, it's once every 3 months so I divide a typical bill by 3. Always round up or estimate a little high to be safe. Groceries are a little tricky because I don't buy groceries on any regular schedule, and sometimes I buy a whole bunch at once and other times just a few things. When groceries were a bigger share of my income, I kept track of what I spent for a couple of months to figure out an average per month. (Today I'm a little richer and I just think of groceries as coming from my spending money.) I allocate a percentage of my income for contributions to church and charities and count this just like bills. It's a good idea to put aside something for savings and/or paying down any outstanding loans every month. Then I add these up to say okay, here's how much I need each month to pay the bills. Subtract that from my monthly income and that's what I have for spending money. I get paid twice a month so I generally pay bills when I get paid. For most bills the due date is far enough ahead that I can wait the maximum half a month to pay it. (Worst case the bill comes the day after I pay the bills from this paycheck.)  Then I keep enough money in my checking account to, (a) Cover any bills until the next paycheck and allow for the particularly large bills; and (b) provide some cushion in case I make a mistake -- forget to record a check or make an arithmetic error or whatever; and (c) provide some cushion for short-term unexpected expenses. To be safe, (a) should be the total of your bills for a month, or as close to that as you can manage. (b) should be a couple of hundred dollars if you can manage it, more if you make a lot of mistakes. If you've calculated your expenses properly and only spend the difference, keeping enough money in the bank should fall out naturally. I think it's a lot easier to try to manage your money on a monthly basis than on a daily basis. Most of us don't spend money every day, and we spend wildly different amounts from day to day. Most days I probably spend zero, but then one day I'll buy a new TV or computer and spend hundreds.  Update in response to question What I do in real life is this: To calculate my available cash to spend, I simply take the balance in my checking account -- assuming that all checks and electronic payments have cleared. My mortgage is deducted from my checking every month so I post that to my checking a month in advance. I pay a lot of things with automatic charges to a credit card these days, so my credit card bills are large and can't be ignored. So subtract my credit card balances. Subtract my reserve amount. What's left is how much I can afford to spend. So for example: Say I look at the balance in my checkbook today and it's, say, $3000. That's the balance after any checks and other transactions have cleared, and after subtracting my next mortgage payment. Then I subtract what I owe on credit cards. Let's say that was $1,200. So that leaves $1,800. I try to keep a reserve of $1,500. That's plenty to pay my routine monthly bills and leave a healthy reserve. So subtract another $1,500 leaves $300. That's how much I can spend. I could keep track of this with a spreadsheet or a database but what would that gain? The amount in my checking account is actual money. Any spreadsheet could accumulate errors and get farther and farther from accurate values. I use a spreadsheet to figure out how much spending money I should have each month, but that's just to use as a guideline. If it came to, say, $100, I wouldn't make grandiose plans about buying a new Mercedes. If it came to $5,000 a month than buying a fancy new car might be realistic. It also tells me how much I can spend without having to carefully check balances and add it up. These days I have a fair amount of spending money so when, for example, I recently decided I wanted to buy some software that cost $100 I just bought it with barely a second thought. When my spending money was more like $100 a month, lunch at a fast food place was a big event that I planned weeks in advance. (Obviously, I hope, don't get stupid about \"\"small amounts\"\". If you can easily afford $100 for an impulse purchase, that doesn't mean that you can afford $100 five times a day every day.) Two caveats: 1. It helps to have a limited number of credit cards so you can keep the balances under control. I have two credit cards I use for almost everything, so I only have two balances to keep track of. I used to have more and it got confusing, it was easy to lose track of how much I really owed, which is a set up for getting in trouble.\""}
{"_id": "580169", "title": "", "text": "If I understand TransferWise\u2019s Supported Countries page correctly, you could use their service. I believe it should be cheaper than having the bank convert. I've been very happy with the service and use it regularly."}
{"_id": "580172", "title": "", "text": "to find out how, please click the link above and read this post right away. we believe that by doing so, you can improve your chances of scoring excellent lines of credit you can use for financing the needs of your small business."}
{"_id": "580191", "title": "", "text": "Of course a higher tax rate will impact my decision on whether to invest or not. The return may still be positive but a higher tax rate could very well drop the returns below the cost of capital. There's a nice little box for the tax rates in any financial model for a reason."}
{"_id": "580213", "title": "", "text": "\"It would appear that you are not actually \"\"equal\"\" partners.  You have differently valued interests and those values fluctuate based on individual performance.  The TurboTax advice is simplified for entities that don't track interests relative to partner inputs. IRC \u00a7 704(a), partner's distributive share is set by the partnership agreement, and \u00a7 704(b), failing an allocation by the agreement it is set by the partner's interest in the partnership.  But note \u00a7 704(b)(2), which prevents blatant tax-rigging in the partnership agreement.\""}
{"_id": "580227", "title": "", "text": "\"&gt;Please re-examine your violence based statist dementia.   Capitalism is essentially a form of violence and statism anyway, so please shove your \"\"anarcho\"\"-capitalism up your ass, or at least go ask the folks on /r/anarchist what *real* anarchism is.\""}
{"_id": "580232", "title": "", "text": "Toward the philosophical side of your question, it seems to me that what is most important is knowing how well your fund is performing versus it's benchmark. This is an actionable piece of information that can help you get out of an under-performing fund, although if you're already using Vanguard it's likely a low cost and broadly diversified fund. Ultimately, what you want to avoid over the long term is under-performing the market due to high fees, market timing, poor fund selection etc., and selecting a fund that closely tracks the market seems to be the best way to achieve this, assuming that you intend to be a passive investor. I don't see a clear benefit to calculating a personal rate of return. If the fund is performing well versus its benchmark, you are likely to stay with it, and if it is performing poorly, you  are likely to pull out. At the end of the day, the complicated accounting won't actually change the amount you've got in your account, so I'd recommend picking a good fund, checking up on it once in a great while, and putting your time to better purpose."}
{"_id": "580233", "title": "", "text": "I realize that for sure. I traded it speculatively in early 2013 during that meteoric rise. I'm just saying that it seems these currencies only exist because the big banks allow them to. Large scale adoption, I believe, will always be stymied by the big boys who can wipe out steady growth with a wave of their hand. Average folks just will never have the stomach to hold through that type of tumult."}
{"_id": "580237", "title": "", "text": "It's amazing! There's only one Toys store company left in the USA, one Bookstore company left in the USA (Barnes and Noble), one Electronics store (Best Buy) and they all do terribly despite no competition.  P/S: One of my newest colleagues at work is a former Toys R Us employee. She tells me that, now, Toys R Us is working on a website to sell toys on-line. If you did not know, up until recently, Toys R Us never had a website to sell, and, instead, they sent you to Amazon to buy over there from the Toys R Us store. Now you get what happened?"}
{"_id": "580240", "title": "", "text": "This would be exactly the sort of product that a thief would want, if they had got ahold of some account numbers and wanted to steal the money from those accounts, in a way that would let them spend it as conveniently as possible. That should explain why I think it's unlikely that any such product exists."}
{"_id": "580244", "title": "", "text": "Then it sounds like all we need is an internet connection and access to search. I guess information retrieval is the organizational equivalent of accessing long-term and short-term memory. Spammers are the equivalent of intrusive thoughts and songs you can't get out of your head. And links you weren't looking for but are fascinating anyway, maybe similar to inspiration..."}
{"_id": "580259", "title": "", "text": "\"Is there more on where Dalio gets his definitions for the short-term debt cycle (5-8 years or so) and \"\"deleveraging\"\" and the long-term debt cycle (75-100 years)? (or his evidence that separates the two)?  At one point 18:10, he says the difference is that in a deleveraging, interest rates hit 0 and can no longer go lower, but I don't know if that works as a definition per se.  There are other things that central banks do when interest rates hit 0, like buy up assets (which he does mention and include in the \"\"print money\"\" category of things that can be done during a deleveraging).  And one of the deleveragings he cites, England in the 1950s, according to Wikipedia was due to difficulty in transitioning out from war production, and according to [this excel file](http://www.bankofengland.co.uk/statistics/Documents/rates/baserate.xls) from the Bank of England on historical rates, it doesn't say interest rates went to 0 at that time (unless Dalio is referring to another point in history when he cites 1950s England).    20:30 His definition of a depression is when debt restructuring or defaults happen.  Interesting.  What I learned was that there isn't really a hard and fast definition for recessions and depressions (e.g. a recession is two quarters of negative growth in a row and a depression is just a reeeaallly bad/long recession).  And I don't think I recall encountering in the past an attempt to define what a \"\"deleveraging\"\" event of an economy is.    24:30 Is debt reduction and redistribution of wealth deflationary?  I think it depends on how much the debt reduction or redistribution hurts the spending of the lender or wealthy versus how much it helps the spending of the borrower or the poor.  Both are actually similarly \"\"giving some from the haves to the have nots,\"\" and especially redistribution of wealth is similar to fiscal spending, which is mentioned 25:30 as a valid inflationary way to try to help the economy.  26:00 Are deflationary methods (say, austerity) needed to balance out the inflationary methods (central bank buying assets and fiscal spending)?  Aren't central bank (interest rates, quantitative easing) and the government (fiscal policy) still the main things that move inflation or deflation?  I would think that debt reduction and redistribution of wealth are good when needed, but I wouldn't think you would do those things *mainly* for their (supposed, see above for my doubts) deflationary effects.    Still, a very interesting video and one of the best presented videos on a difficult subject.\""}
{"_id": "580261", "title": "", "text": "Aerobics is an exercise form to volume your body and boost your energy. It is physical activity by which improves your energy, stamina, sleep and reduces developing heart problems, diabetes, body fat, stress, tension and depression. Healthline fitness studio is located at city of lakes - Udaipur. We have completed many years successfully. Our team of HFS is completely focused on the target for their clients. The environment at HFS is so familiar. http://healthlineudaipur.com/events.php#Aerobics-Classes-in-Udaipur"}
{"_id": "580262", "title": "", "text": "We, \u201cM.M.K. Engineering Co. Pvt Ltd\u201d, are operating in the industry from 2001, as a credible manufacturer, Fabrication, supplier &amp; exporters of an exclusive range of Industrial Valves &amp; Accessories. Our objective is to provide the finest quality range of products to the customers. Furthermore, we have received repeated orders from our customers due to the superior quality, optimum performance, corrosion resistance, robust construction and easy installation. Our sincere team has supported us in providing the best quality products to our clients at cost-effective prices. Besides,our team has shown utmost dedication in upgrading our facilities and product line so as to stay at par with the current industrial standards. Our team has been working in close proximity with the patrons, which in turn helps in timely meeting their required specifications.  Under the able guidance of our mentor, Mr Aziz Khan, we have become one of the reputable organizations in the industry. His leadership abilities and rich domain experience have allowed us to work as a cooperative team."}
{"_id": "580273", "title": "", "text": "So true, I'm 30 and got rid of my FB 2 and a half years ago. My gf is almost 10 years my junior, most of her friends don't have FB it seems like the younger generation is ditching Facebook all together.   Older people I know are all either just getting into Facebook now or have only had it a few years. Wild times"}
{"_id": "580277", "title": "", "text": "Costa Rica Adventure Vacations: Costa Rica has become one of the world's most sought after destinations not only due to   its exotic beaches, diversified flora and fauna, but also for the wide variety of adventure travel activities and   excursions that are available, such as river rafting, trecking, diving etc."}
{"_id": "580292", "title": "", "text": "No. This logic is dangerous.  The apples to apples comparison between renting and buying should be between similar living arrangements. One can't (legitimately) compare living in a 600 sq ft studio to a 3500 sq ft house.  With the proposal you offer, one should get the largest mortgage they qualify for, but that can result in a house far too big for their needs. Borrowing to buy just what you need makes sense. Borrowing to buy a house with rooms you may never visit, not a great idea.  By the way, do the numbers. The 30 year rate is 4%. You'd need a $250,000 mortgage to get $10,000 in interest the first year, that's a $312,000 house given an 80% loan. On a median income, do you think it makes sense to buy a house twice the US median?  Last, a portion of the tax savings is 'lost' to the fact that you have a standard deduction of nearly $6,000 in 2012. So that huge mortgage gets you an extra $4000 in write-off, and $600 back in taxes.  Don't ever let the Tax Tail wag the Investing Dog, or in this case the House Dog.  Edit - the investment return on real estate is a hot topic. I think it's fair to say that long term one must include the rental value of the house in calculating returns. In the case of buying of way-too-big house, you are not getting the return, it's the same as renting a four bedroom, but leaving three empty.  If I can go on a bit - I own a rental, it's worth $200K and after condo fee and property tax, I get $10K/yr. A 5% return, plus whatever appreciation. Now, if I lived there, I'd correctly claim that part of my return is the rental value, the rent I don't pay elsewhere, so the return to me is the potential growth as well as saved rent. But if the condo rents for $1200, and I'd otherwise live in a $600 apartment with less space, the return to me is lost. In my personal case, in fact, I bought a too big house. Not too big for our paycheck, the cost and therefore the mortgage were well below what the bank qualified us for. Too big for the need. I paid for two rooms we really don't use."}
{"_id": "580313", "title": "", "text": "you should invest in a range of stock market indexes. Ex : Dow jones, S&P500, Nasdaq and keep it there until you are ready to retire. I'm invested half in SLYV and SLYG (S&P600 small cap value and S&P600 small cap growth; Respectively). It brings on average between 8-13% a year (since 1971). This is not investment advice. Talk to your broker before doing this."}
{"_id": "580331", "title": "", "text": "\"According to Wikipedia: In the finance industry, something   done on a secular basis is done on a   long-term basis, not a temporary or   cyclical one, with a time frame of   \"\"10\u201350 years or more\"\" Source\""}
{"_id": "580364", "title": "", "text": "\"This is a misconception. One of the explanations is that if you buy at the ask price and want   to sell it right away, you can only sell at the bid price. This is incorrect. There are no two separate bid and ask prices. The price you buy (your \"\"bid\"\") is the same price someone else sells (their \"\"sell\"\"). The same goes when you sell - the price you sell at is the price someone else buys. There's no spread with stocks. Emphasized it on purpose, because many people (especially those who gamble on stock exchange without knowing what they're doing) don't understand how the stock market works. On the stock exchange, the transaction price is the match between the bid price and the ask price. Thus, on any given transaction, bid always equals ask. There's no spread. There is spread with commodities (if you buy it directly, especially), contracts, mutual funds and other kinds of brokered transactions that go through a third party. The difference (spread) is that third party's fee for assuming part of the risk in the transaction, and is indeed added to your cost (indirectly, in the way you described). These transactions don't go directly between a seller and a buyer. For example, there's no buyer when you redeem some of your mutual fund - the fund pays you money. So the fund assumes certain risk, which is why there's a spread in the prices to invest and to redeem. Similarly with commodities: when you buy a gold bar - you buy it from a dealer, who needs to keep a stock. Thus, the dealer will not buy from you at the same price: there's a premium on sale and a discount on buy, which is a spread, to compensate the dealer for the risk of keeping a stock.\""}
{"_id": "580370", "title": "", "text": "Business analytics is a huge umbrella term, but if you're interested in the web analytics part of it, I'd highly recommend google analytics' tutorials. The videos are very well done and they'll give you a dummy account to practice with."}
{"_id": "580376", "title": "", "text": "He has had at least [four or more bankruptcies depending which ones you count](http://www.politifact.com/truth-o-meter/statements/2016/jun/21/hillary-clinton/yep-donald-trumps-companies-have-declared-bankrupt/), and at least 3 of them were from active casinos.  Where most of the games are mathematically rigged in the houses favor.    It is kind of mind boggling that he can go bankrupt even running a casino."}
{"_id": "580379", "title": "", "text": "\"I did a little research and found this article from 2006 by a Villanova law professor, titled \"\"No Thanks, Uncle Sam, You Can Keep Your Tax Break\"\".  The final paragraph of the article says: Under these circumstances, it is reasonable to conclude that a taxpayer is not required to claim a allowable deduction unless a statutory provision so requires, or a binding judicial precedent so specifies. It would be unwise, of course, to forego a deduction that the IRS considers mandatory such as those claimed by self-employed individuals with respect to their self-employment,    whether for purposes of the self-employment tax or the earned income tax credit. Until the statute is changed or some other binding authority is issued, there is no reason taxpayers who wish to forego deductions, such as the dependency exemption deduction, should hesitate in doing so. (The self-employment tax issues in the quote cited by CQM are explicitly discussed in the article as one of a few special kinds of deduction which are mandatory.) This is not a binding statement: it's not law or even official IRS policy.  You could never use it as a defense in the event that this professor turned out to be wrong and the IRS decided to go after you anyway.  However, it is a clear statement from a credible, qualified source.\""}
{"_id": "580394", "title": "", "text": "\"Actually I'm guessing it has something to do with the sentence directly after that: \"\"The National Transportation Safety Board warned in an Oct. 31 study that curbside operators are seven times more likely to be involved in a fatal wreck than intercity lines with more conventional business models.\"\"\""}
{"_id": "580400", "title": "", "text": "The Explanation is correct. The Traders buys the 1st call and profits linearly form 40$ onwards. At at 45 the short call kick in and neutralizes any further profit on the first call."}
{"_id": "580406", "title": "", "text": "I would argue: Because the company only offers you this if it can make money from it. What you are basically doing is betting against the company."}
{"_id": "580429", "title": "", "text": "It looks like what you're calling a name change was registered as a merger that resulted in an exchange of stock.  If that's the case, then what you've been told is correct.  You've got one long-term sale and one short-term sale. Based a quick read of the Form 8937 that was filed, it looks like there were multiple entities involved in this event, more than one of which existed prior to it. https://www.mylan.com/-/media/mylancom/files/form%208937%20for%20mylan%20n%20v.pdf"}
{"_id": "580441", "title": "", "text": "I'm curious about your mention of the short tenure of Amazon engineers. As an undergrad who's never worked in a large tech company before, may I ask if this is usual for the big 4 or a uniquely Amazon thing?"}
{"_id": "580442", "title": "", "text": "But my dad said its our own fault. We didn't vote over the past 40 years as wages stagnated and politicians were systematically pillaging the future. I was learning vowels when I should have been working to debunk trickle down economics. Just another lazy millennial I guess."}
{"_id": "580445", "title": "", "text": "&gt; Am I over simplifying things?  Yes.  Insurance, property taxes, water/sewer taxes, legal fees, upkeep/maintenance, and mortgage insurance premiums should be included in your expense model.  This is in addition to principal repayment at your loan's interest rate.    &gt; or could somebody with more experience clue me in to why this is a bad investment?  The answer depends on your financial ability to pay and the area in which you are seeking to buy.  A lot of factors, actually."}
{"_id": "580479", "title": "", "text": "It used to be Nigerian royalty, now it's Ghanaian porn stars.  Great.  This is a bog-standard 419 scam.  It's probably the most lucrative single swindle in the world.  It's always hard to get people to believe they have been tricked, but don't let your dad participate."}
{"_id": "580493", "title": "", "text": "Is this a joke?  Equity research and investment banking jobs have historically been handed out to top Ivy grads who know nothing about finance and learn it on the job.  It's changing now because of the competiveness but that statement is just ridiculous."}
{"_id": "580512", "title": "", "text": "I once bought both preferred and common shares in a bankrupt company.  It is true that those preferred shares had less potential for appreciation than the common shares.  The reason is because the preferred shares were trading around $50 and had a face value of $1000.  This means that if the bankruptcy proceedings ended up finding enough assets to make the preferred shares whole, then the preferred shareholders would be paid $1000 per share and no more than that.  So if you bought the preferred shares at $50 and received $1000 per share for them, then you made a 1900% gain. But if the bankruptcy proceedings found enough assets to pay not just the preferred shareholders but also the common shareholders, then the common shareholders had the potential for a greater gain than the preferred shareholders.  The common stock was trading around 20 cents at the time, and if enough assets were found to pay $10 per share to the common shareholders, then that would have been a 4900% gain.  The preferred shares were capped by their face value, but the common shares had no limit on how high they could go."}
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{"_id": "580534", "title": "", "text": "It is a very complex question to answer and it really depends. However, here are some points to consider and verify with your accountant or tax expert.  First, if you exercise now, the downside is that you may be subject to Alternative Minimum Tax (AMT) based on the theoretical gain on the stock (current price minus your strike price) when you file your tax return.  The other obvious downside is that if the company goes nowhere, you are stuck with the stock and potentially lose money.  The benefit is that the clock starts ticking for long-term capital gains so if you sell after 1 year from the exercise date (or your company gets sold) then the gain would be taxed as long-term capital gain which is taxed at a lower rate. If your company were to get sold, the gains are not necessarily taxed as ordinary income.  If it is a cash transaction then most likely (unless you have exercised and held the stock for over a year).  However, if it is a stock sale, then you may end up getting stock of the company that acquires your company.  In that situation, the tax event would be when you sell the new shares vs. the time of company sale. Finally, whether to exercise or not also depends on how you feel about the prospects of the company.  If you think they will be sold or of more value down the road then exercising makes sense.  If you are not sure then you could hedge your bets by only exercising a portion of it. You should definitely consult with a financial advisor or a tax consultant regarding these matters."}
{"_id": "580537", "title": "", "text": "I can accept that as true, which I find rather disturbing. Is there some way to wrestle control away from that small group of rich individuals so they don't have such a stranglehold on the economy, laws, and culture of our people?"}
{"_id": "580542", "title": "", "text": "&gt;  Google would be forced to actually compete with companies vs. Giving everything away free. That creates employment opportunities for other startups to compete in a fair environment vs. Trying to acquire millions of users on no revenue.  TL;DR Don't blame business, blame the politics that let bad business happen.  Business doesn't work like that, specially for a publicly traded company. 'Free' goods or services are used as a loss leader to drive their profits in other sectors of the company. Whether it's for PR, marketing, or sales, no company drives their business at a loss. Somewhere, somehow the free things they do are driving their business towards higher profitability. Money isn't being lost on the economy by providing these things as free, it's just being used in different ways. Sure it could be used to pay for the wages of an employee at a startup which provides the same service... but if Google is providing it at or below the most efficient market price then it would be *wasting* money to have less efficient companies providing essentially the same product or service. That money could instead be used in more profitable sectors of the economy, which could in turn generate a healthier and/or faster growing economy overall. Working smarter, not harder.  Secondly, startups aren't designed for profitability in the first few years of their operations. They're designed to capture users  and information (or as patent holders but that's largely unrelated to my main point) that can later be acquired by larger companies who are looking to target those users. Why else would any company pay for a startup while they're operating at a loss? The revenue for startups comes much later on as they're bought out by bigger companies or they find a way to monetize their user base/generate stable sources of revenue.   If your argument is that employment by start ups drives the economy at large, I have to ask, if the economy is operating less efficiently (by supporting start ups in replacing the market share currently held by much more efficiently operating large companies ~) by employing more people, how is this healthier for the economy as a whole?   Supporting start ups is good but it has to be done in such a way that it doesn't hurt existing business just for the sake of making jobs. The size of a company doesn't make them bad as long as they compete fairly with everyone else in the market.  ~ caveat being where large companies do not form an oligopoly (ie Comcast, TWC, etc...) which is obviously inefficient to begin with which is largely a product of bad politics rather than market forces"}
{"_id": "580554", "title": "", "text": "I agree with that if you say it is both a variable amount to reward/punish service quality *and* a base form of compensation.  That is why I rarely go below 10% (once at a dennys where my waiter went on a smoke break for our whole meal and I had to rummage for silverware and water refills myself...i think the cook even brought out our food that day)"}
{"_id": "580555", "title": "", "text": "\"Short answer: If you bought the car -- as opposed to leasing it -- there is no one to \"\"turn it in\"\" to.  The reality of cars and car loans is this: The value of a car tends to fall rapidly the first couple of years, then more slowly after that. Like it might lose $2000 the first year, $1000 the second, $500 the third, etc. What you owe on a loan falls slowly at first, because a lot of your payment is going to interest, but then as time goes on you pay off the loan faster and faster. So you may pay off $1000 the first year, $1100 the second, etc. (I'm just making up numbers, depends on the value of the car, and the term and interest rate of the loan, but that's the general idea.) Combining these two things means that in the first few years after you buy a car, if you had a small or no down payment, you might well owe more on the car than it is worth. That's just how the numbers work out. If you keep the car long enough, eventually you hit a point where it is worth more than you owe. Keep it until you've paid off the loan and you owe $0 but the car is still worth SOMETHING, exactly how much depending on its condition and other factors. If you just use the car and pay off the loan, i.e. if you don't sell the car or refinance the loan or some such, then this doesn't matter very much. You make your loan payments, and you have use of the car. What difference does the book value of the car at any given moment matter to you? If the idea of owing more than the car is worth bothers you in principle, then in the future you could make a larger down payment. Or make extra payments on the loan the first couple of years to knock the principle down faster. That's about the only things you can do. Well, you could buy with cash so you owe zero and the car is always worth more than you owe. But given that you are where you are: If you just keep the car and keep driving it and keep paying the loan, then you are exactly where you thought you would be when you bought the car, right? I mean, the day you bought the car, you presumably weren't thinking that at some future date you could refinance at a lower rate. How would you know? So I think the easy answer is: Don't sweat it. Just enjoy the car and pay your bills.\""}
{"_id": "580558", "title": "", "text": "Why not just deposit to a Traditional IRA, and convert it to Roth?  If you have pretax IRA money, you need to pay prorated tax (on what wasn't yet taxed) but that's it. It rarely makes sense to ask for a lower wage.  Does your company offer a 401(k) account?  To clarify, the existing Traditional IRA balance is the problem. The issue arises when you have a new deposit that otherwise isn't deductible and try to convert it. Absent that existing IRA, the immediate conversion is tax free. Now, with that IRA in place the conversion prorates some of that pretax money, and you are subject to a tax bill."}
{"_id": "580560", "title": "", "text": "\"Under the assumption you're not looking for a particular credit union/bank (since that'll make this question off topic), you can apply for a secure credit card. That's where you essentially put up a sum of money as collateral. That would be the safe way for someone with \"\"little or no credit history\"\" and wants to build credit. Any big bank (Wells Fargo, Chase, etc.) should be able to do that for you. You can also do that online provided you have the means to transfer money into the account.\""}
{"_id": "580561", "title": "", "text": "There is always some fine print, read it. I doubt there is any product out there that can guarantee an 8% return.  As a counter example - a 70 yr old can get 6% in a fixed immediate annuity. On death, the original premium is retained by the insurance company.  Whenever I read the prospectus of a VA, I find the actual math betrays a salesman who misrepresented the product. I'd be really curious to read the details for this one."}
{"_id": "580566", "title": "", "text": "I remember watching a video of a guy showing how much cyanide it actually took to kill a person, and I felt incredibly let down. All these movies making me think a grain of sand size dose is instant death, and in reality that would probably not even make you feel any different.  Also it's not even close to an instant death."}
{"_id": "580576", "title": "", "text": "&gt; they can be taxed at the long term capital gains rate, whereas dividends are subject to a higher tax rate.  That's not true, is it? I'm fairly sure they're taxed at the same rate now. Buybacks are still better for shareholders, though, because those who don't want to sell have the option of just holding the stock. With dividends, everyone gets a dividend and the associated tax hit, whether they want it or not.  Edit: Oh, right. Ordinary dividends are taxed as ordinary income; qualified dividends are not. But aren't qualified dividends the modal type?"}
{"_id": "580581", "title": "", "text": "Thanks for the reply! I am considering all lines of work as the priority is the location, then the job. But if the work I can get is relevant and expands my network, that carries a lot of value.  The plan is to stay where I am for the next 2-3 years to gain the required work experience to become a charterholder and developing my skills/project portfolio to become a better candidate. I would still be young enough to move to Australia/UK on a working vacation/youth mobility and I want to be set up to have a good chance by then."}
{"_id": "580586", "title": "", "text": "A couple ideas: Use excel - it has an IRR (internal rate of return) that can handle a table of inputs as you describe, along with dates deposited to give you a precise number.  Go simple - track total deposits over the year, assume half of that was present in January. So, for example, your account started the year with $10k, ended with $15k, but you deposited $4k over the year. It should be clear the return (gain) is $1k, right? But it's not 10%, as you added during the year. I'd divide $1k/$12k for an 8.3% return. Not knowing how your deposits were structured, the true number lies between the 10% and 6.7% as extremes. You'll find as you get older and have a higher balance, this fast method gaining accuracy, as your deposits are a tinier fraction of your account and likely spread out pretty smoothly over the year anyway."}
{"_id": "580591", "title": "", "text": "Inflation is what happens, it is not good or bad in and of itself.  But consider the following. In a thriving economy with low unemployment, people are buying, buying, buying.  People are not saving for later, they are buying now.  Industry is also making purchases.  Now.  From economics 101: high demand for goods/services leads to relative scarcity leading to higher prices.  Inflation tends to be one byproduct of a thriving economy.  Governments want the thriving economy that brings inflation with it."}
{"_id": "580604", "title": "", "text": "I mean you were proven wrong ages ago. Your MBA is definitively shit and you already attacked me personally including some weird reference to NAMBLA? So, really, you're about as intelligent and capable as anyone would expect someone with your education to be."}
{"_id": "580610", "title": "", "text": "Financial analysis is as much art as science, you need context to give advice on what to show.    If they hired you they believe in you and want you to succeed.  My advice is to take a lot of notes and ask a few questions but not too many, then think about situation and go back to ask a few more thoughtful questions.  Always ask if there's something been done before that may be helpful, as well as who might have done something similar recently.   Sorry if sounds condescending, not remotely intended to be, I've trained a lot of new peeps over the years.    Helpful if you can find someone who has been there a bit longer than You, but that you don't work for.  They tend to like to help bc they just went through what you're going through and know how best to informally help.  Also network with peers from school that have started similar jobs... good to have a few people to call to discuss/learn with.  Good luck."}
{"_id": "580612", "title": "", "text": "\"1) Indeed, if referring to a Roth as the question is, you are right on. But - You can deposit to an Traditional IRA (TIRA). You just can't deduct it. You are then permitted to convert that to a Roth any time. Now, this would appear to negate income issues, right? Not so fast. When you convert, all TIRA accounts must be considered. In other words, when it comes to the TIRA, you only have One TIRA, the \"\"A\"\" actually standing for Arrangement, not account. That TIRA may then be spread over as many accounts as you have time to set up. So, if there is any pretax money and/or untaxed gain, it will be prorated and taxed based on your conversion amount. If any of this is not 110% clear, please comment and I will update the answer.  No 401(k) at work?  Note: I edited as my original wording misunderstood the response, and in turn, appeared a bit unkind. Not my intention.\""}
{"_id": "580624", "title": "", "text": "The bank won't let you because: Differences in required account features \u2014 Business accounts have different features (many of them legal features) that are required by businesses. For instances: Do you want to be able to deposit cheques that are written out to your business name? You need a business account for that. Your business could be sold. Then it wouldn't be your business, so it wouldn't make sense to put the business account under your personal name. The bank account and the cash it holds is a business asset and should be owned by the business, so when the business is sold the account goes with it. This is especially the case for a corporation that has shareholders, and not a sole proprietorship. For a business, you could also, in theory, assign other people as signing authorities on the business account (e.g. your corporate treasurer), and the individuals performing that role could change over time. Business accounts allow for this kind of use. Market segmentation \u2014 The bank has consciously undertaken to segment their product offerings in order to maximize their profit. Market segmentation helps the bottom line. Even if there were zero legal reasons to have separate personal vs. business accounts, banks would still make it their policy to sell different account types according to use because they can make more money that way. Consider an example in another industry: The plain-old telephone company also practices segmentation w.r.t. personal/business. Do you want a telephone line for a business and listed as such in the phone book? You need a business line. Do you want a phone line hooked up at a non-residential address? You need a business line. Here it's clear it is less of a legal issue than with the bank account, and it doesn't matter that the technical features of the phone line may be identical for the basic product offerings within each segment. The phone company has chosen to segment and price their product offerings this way. Q. Why do companies choose to charge some kinds of customers more than others for essentially the same underlying service? A. Because they can."}
{"_id": "580629", "title": "", "text": "I've noticed that most of the problems seem to occur when they assume I am a new user (the random ones you get for hitting help help) and asking a way more basic question than what I was actually asking."}
{"_id": "580642", "title": "", "text": "Option 4: Go talk with someone in person at an office of the Insurance company. They have helped me several times with things like this. They can get everyone involved on a conference call and make something happen. But you have to go in. Calling is a good way to waste time and get nowhere, they will throw the issue back and forth. Find an office and go. This is the most effective solution."}
{"_id": "580661", "title": "", "text": "\"Legally ok? Sure. Friends frequently discuss financial matters, and share advice. This is quite far from taking money from them and managing it, where at some point you need to be licensed for such things. If you're concerned about giving bad advice, just stay generic. The best advice has no risk. If I offer a friend a stock tip, of course there's the chance the stock goes south, but when I tell a friend who asks about the difference between Mutual Funds and ETFs, and we discuss the expenses each might have, I'm still leaving the decision as to which ETF to him. When I offer the 'fortune cookie' soundbites like \"\"If you are going to make a large purchase, delay it a week for each $100 of value. e.g. if you really want a $1000 TV, sleep on it for a few months\"\" no one can mis-apply this.  I like those two sites you mentioned, but the one-on-one is good for the friend and for you. You can always learn more, and teaching helps you hone your skills.\""}
{"_id": "580663", "title": "", "text": "Where are you getting $12-$16 for a burger at Applebees or TGIFridays?  Applebees has their prices on their website and it looks like their most expensive burger is $10.99. It seems TGIF may not post their prices online, but another website (restaurantmealprices.com) has prices listed ranging from $9.00-$12.50.   Not saying either are culinary leaders by any stretch, but unless those numbers are wrong, a $11/$13 burger at Applebees/TGIF does not exist"}
{"_id": "580700", "title": "", "text": "No, the real problem is government-induced tuition inflation. Prior to the formation of the federal Department of Education, and the Sallie Mae student loan clearing house around the late 1970s / 1980 ... inflation adjusted tuition had been flat for many decades. There's an overwhelmingly obvious inflection point right when those 2 organizations started operating, and inflation adjusted tuition has been sky rocketing ever since.      Tuition inflation is directly caused by the federal government, the data is abundantly clear. And the only way to stop it is to get the federal government out of the education loan business. Make student debt no different from any other form of unsecured debt. Not government guaranteed, dischargeable in bankruptcy, etc.      And then take all that money that the federal government would have been wasting on inflating tuition prices, and plow it into building new land grant universities. Like we've done for 100 years already. You know, the same system that gave us the amazing universities we have today? That will shift the supply curve, driving tuition prices even lower.      And then you can get back to having a social worker go get a 4 year degree, learning the latest and greatest research in social work, becoming the best damn social worker in comparable OECD nations, because it only cost them $5k for their entire 4 year degree."}
{"_id": "580709", "title": "", "text": "$3,500 isn't usually enough to make a difference when calculating credit for a car loan. The other factors that you didn't mention are the important factors. How much money do you make? What is your credit score? Do you have balances on credit cards? The only way you can know is to look at your credit score and/or apply. I would generally recommend you buy a 3-4 year old car rather than a new car. With the lower purchase price you can pay it off quickly."}
{"_id": "580711", "title": "", "text": "The most economical way is to save your money, and buy a 1+ year old used car with cash."}
{"_id": "580733", "title": "", "text": "I think the dividend fund may not be what youre looking for. You mentioned you want growth, not income. But I think of dividend stocks as income stocks, not growth. They pay a dividend because these are established companies that do not need to invest so much in capex anymore, so they return it to shareholders. In other words, they are past their growth phase. These are what you want to hold when you have a large nest egg, you are ready to retire, and just want to make a couple percent a year without having to worry as much about market fluctuations. The Russel ETF you mentioned and other small caps are I think what you are after. I recently made a post here about the difference between index funds and active funds. The difference is very small. That is, in any given year, many active ETFs will beat them, many wont. It depends entirely on the market conditions at the time. Under certain conditions the small caps will outperform the S&P, definitely. However, under other conditioned, such as global growth slowdown, they are typically the first to fall. Based on your comments, like how you mentioned you dont want to sell, I think index funds should make up a decent size portion of your portfolio. They are the safest bet, long term, for someone who just wants to buy and hold. Thats not to say they need be all. Do a mixture. Diversification is good. As time goes on dont be afraid to add bond ETFs either. This will protect you during downturns as bond prices typically rise under slow growth conditions (and sometimes even under normal conditions, like last year when TLT beat the S&P...)"}
{"_id": "580747", "title": "", "text": "\"The short answer is - \"\"Your employer should typically deduct enough every paycheck so you don't owe anything on April 15th, and no more.\"\" The long answer is \"\"Your employer may make an error in how much to deduct, particularly if you have more than 1 job, or have any special deductions/income. Calculate your estimated total taxes for the year by estimating all your income and deductions on a paper copy of a tax return [I say paper copy so that you become familiar with what the income and deductions actually are, whereas plugging into an online spreadsheet makes you blind to what's actually going on]. Compare that with what your employer deducts every paycheck, * the number of paychecks in the year. This tells you how much extra you will pay / be refunded on April 15th, as accurately as you can estimate your income and deductions.\"\"\""}
{"_id": "580757", "title": "", "text": "If you do not understand the volatility of the fx market, you need to stop trading it, immediately. There are many reasons that fx is riskier than other types of investing, and you bear those risks whether you understand them or not. Below are a number of reasons why fx trading has high levels of risk: 1) FX trades on the relative exchange rate between currencies. That means it is a zero-sum game. Over time, the global fx market cannot 'grow'. If the US economy doubles in size, and the European economy doubles in size, then the exchange rate between the USD and the EUR will be the same as it is today (in an extreme example, all else being equal, yes I know that value of currency /= value of total economy, but the general point stands).  Compare that with the stock market - if the US economy doubles in size, then effectively the value of your stock investments will double in size. That means that stocks, bonds, etc. tied to real world economies generally increase when the global economy increases - it is a positive sum game, where many players can be winners. On the long term, on average, most people earn value, without needing to get into 'timing' of trades. This allows many people to consider long-term equity investing to be lower risk than 'day-trading'. With FX, because the value of a currency is in its relative position compared with another currency, 1 player is a winner, 1 player is a loser. By this token, most fx trading is necessarily short-term 'day-trading', which by itself carries inherent risk. 2) Fx markets are insanely efficient (I will lightly state that this is my opinion, but one that I am not alone in holding firmly). This means that public information about a currency [ie: economic news, political news, etc.] is nearly immediately acted upon by many, many people, so that the revised fx price of that currency will quickly adjust. The more efficient a market is, the harder it is to 'time a trade'. As an example, if you see on a news feed that the head of a central bank authority made an announcement about interest rates in that country [a common driver of fx prices], you have only moments to make a trade before the large institutional investors already factor it into their bid/ask prices. Keep in mind that the large fx players are dealing with millions and billions of dollars; markets can move very quickly because of this. Note that some currencies trade more frequently than others. The main currency 'pairs' are typically between USD and / or other G10 country-currencies [JPY, EUR, etc.]. As you get into currencies of smaller countries, trading of those currencies happens less frequently. This means that there may be some additional time before public information is 'priced in' to the market value of that currency, making that currency 'less efficient'. On the flip side, if something is infrequently traded, pricing can be more volatile, as a few relatively smaller trades can have a big impact on the market.  3) Uncertainty of political news. If you make an fx trade based on what you believe will happen after an expected political event, you are taking risk that the event actually happens. Politics and world events can be very hard to predict, and there is a high element of chance involved [see recent 'expected' election results across the world for evidence of this]. For something like the stock market, a particular industry may get hit every once in a while with unexpected news, but the fx market is inherently tied to politics in a way that may impact exchange rates multiple times a day. 4) Leveraging. It is very common for fx traders to borrow money to invest in fx. This creates additional risk because it amplifies the impact of your (positive or negative) returns. This applies to other investments as well, but I mention it because high degrees of debt leveraging is extremely common in FX. To answer your direct question: There are no single individual traders who spike fx prices - that is the impact you see of a very efficient market, with large value traders, reacting to frequent, surprising news.  I reiterate: If you do not understand the risks associated with fx trade, I recommend that you stop this activity immediately, at least until you understand it better [and I would recommend personally that any amateur investor never get involved in fx at all, regardless of how informed you believe you are]."}
{"_id": "580761", "title": "", "text": "Here is a list of threads in other subreddits about the same content:   * [How the US will trigger the bursting of the bubble economy](https://www.reddit.com/r/economicCollapse/comments/78riez/how_the_us_will_trigger_the_bursting_of_the/) on /r/economicCollapse with 2 karma (created at 2017-10-26 07:04:54 by /u/jinjinnjinny)  * [How the US will trigger the bursting of the bubble economy](https://www.reddit.com/r/Economics/comments/78r0pe/how_the_us_will_trigger_the_bursting_of_the/) on /r/Economics with 3 karma (created at 2017-10-26 05:45:36 by /u/lughnasadh)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"_id": "580777", "title": "", "text": "So what you\u2019re saying is that the undergrad level text (fundamentals of blablabla) is good enough to get a decent understanding of the concepts?  I\u2019m a bit confused of the two bcs for e.g. take Hull, the grad level book is more widely recommended. I\u2019ll graduate very soon, enter the workforce, and plan to go to a grad school several years down the line. Now, being in a sort of break point, I\u2019m not sure which one I should go for. I do have an exposure to read some finance texts, but not a lot\u2014introductory chapters here &amp; there\u2014and would prefer texts that are not super dry.  What do you think?"}
{"_id": "580778", "title": "", "text": "https://moneycenter.yodlee.com/ You can link your bank accounts, credit cards, trading accounts etc at Yodlee. These will be updated automatically if you share your username and password from your existing financial institutions. You also have the option of creating manual accounts. You will have to manually add/update transactions."}
{"_id": "580779", "title": "", "text": "Every single desire to meet with their true partner to share his secret of life and the partner must be a beautiful lady. Basically all the adults, who always want to fulfill their dreams of imaginary life and these dreams, are related to sexy girls. We know that sex is the most important part of our daily lives and if you meet to an attractive lady then your soul and mind get satisfied."}
{"_id": "580780", "title": "", "text": "H1B visas are a necessity if we wanna keep the US competitive. There's already a [physician shortage](https://news.aamc.org/press-releases/article/workforce_projections_03142017/) and if we want to keep the tech market in the States we should be encouraging workers to come here. Stopping the flow of high-skilled (desirable) workers means they'll be working somewhere else if not here meaning the next Uber, FB, or Reddit may not be in the US."}
{"_id": "580802", "title": "", "text": "You cannot do a 1031 exchange with stocks, bonds, mutual funds, or ETFs.  There really isn't much difference between an ETF and its equivalent index mutual fund. Both will have minimal capital gains distributions. I would not recommend selling an index mutual fund and taking a short-term capital gain just to buy the equivalent ETF."}
{"_id": "580809", "title": "", "text": "Depending on the state you live in paying interest on a mortgage opens up other tax deduction options: Real estate taxes, Car tax, donations. See schedule A http://www.irs.gov/pub/irs-pdf/f1040sa.pdf The shocking bottom line is that it never works to your advantage in the short term. Owning your house: But there are big risks, ask anybody stuck with a house they can't sell. But it doesn't scale. You spend 10K more to save 2.5K in taxes. Buy because you want to, not to reduce taxes."}
{"_id": "580817", "title": "", "text": "\"Not all of the reason to start an LLC is liability (although that is implicit). There are two main reasons as far as I have experienced it: I always recommend that people set things up properly from the beginning.  If you do start to grow, or if you need to cut your losses, it can be very difficult to separate yourself from the company if it isn't set up entirely apart from you. I was once told, \"\"Run your small company as you would wish it to be.\"\"  Don't get into bad habits at the beginning.  They become bad habits in big companies later on.\""}
{"_id": "580818", "title": "", "text": "Please do not conflate number of credit cards with amount of debt. Consider two scenarios, The latter scenario yields much better credit scoring. Many recommendation sources suggest the following, Although your credit score seems very important, it is only important when you have financial interactions (such as applying for credit or services) where the other party makes decisions based upon the score. You should only obtain loans and credit when you want and it makes sense based upon your needs; choosing to live your life to serve credit scoring agencies may not be your happy place."}
{"_id": "580820", "title": "", "text": "and seems to do better than the S&P 500 too. No, that's not true. In fact, this fund is somewhere between S&P500 and the NASDAQ Composite indexes wrt to performance. From my experience (I have it too), it seems to fall almost in the middle between SPY and QQQ in daily moves. So it does provide diversification, but you're basically diversifying between various indexes. The cost is the higher expense ratios (compare VTI to VOO)."}
{"_id": "580827", "title": "", "text": "Dormer loft conversion includes a vertical wall from the bottom of your sloping roof. A flat roof is then built to meet the vertical wall, this allows us to give maximum headroom in the new loft extension. The most commonly fitted loft conversion is in the style of a\u00a0dormer loft conversion.\u00a0With\u00a0dormer loft conversions, dormer windows are added to increase the volume of the roof space while providing full head height. http://www.loftconversions.uk.net/dormer-loft-conversion/"}
{"_id": "580852", "title": "", "text": "Does it add to their lending reserves or is it utilized in other ways? It depends on how the economy and the bank in particular are doing. To simplify things greatly, banks get deposits and lend (or otherwise invest) the majority of those deposits. They must keep some percentage in reserve in case depositors want to make withdrawals, and if they get a high percentage of withdrawals (pushing them to be undercapitalized) then they may sell their loans to other banks. Whether they lend the money to someone else or use the money for something else will depend completely on how many reserves they have from depositors and whether they have people lined up to take profitable loans from them. I wrote this answer for the benefit of CQM, I'd vote to close this question if I had 49 more reputation points, since it's not really about personal finance."}
{"_id": "580861", "title": "", "text": "This will be interesting. I think it would be fascinating if a notable subset of the population starts getting their groceries via amazon drone delivery.  Jeff Bezos may remind me of Lex Luthor but damn if I don't love amazon as a service."}
{"_id": "580895", "title": "", "text": "We have it in the UK, it\u2019s amazing. My wife (on ticketmaster) and I (on amazon) both tried to buy tickets for Ed Sheran - needless to say, it took 30 seconds for me to buy on Amazon, and my wife was still in the Ticketmaster queue 3 hours later."}
{"_id": "580905", "title": "", "text": "&gt;My issue understanding this is I've been told that banks actually don't hold 10% of the cash and lend the other 90% but instead hold the full 100% in cash and lend 900%. Is this accurate? That's the money multiplier effect being poorly described.  Okay, then it makes total sense as long as that description is not accurate/ poorly described.  That description is what just *effectively* happens, spread out between all the banks, assuming that everything legally possible is loaned out?  Another way of saying it would be a bank can loan $9 out for every $10 deposited to it.  It *cannot* loan out $90 for every $10 deposited."}
{"_id": "580908", "title": "", "text": "I cant speak for years ago, it coukd be that amazon took those articles to heart and changed its policies. Whatever the case, Amazon is one of the top employers in my area, and for good reason. The only thing i cant say anything aboit is career advancement, but even that is decades ahead of the competition. Free textbooks, company pays a portion of tuition, and automatic time off to attend school if you want it. The only condition is to stay actively enrolled with good grades, and be in one of a few specific fields of study (the idea is that amazon is investing in a skilled employee that it needs)"}
{"_id": "580911", "title": "", "text": "I think the article is looking at this from the wrong direction. It's not that Google is building anything but that retailers are looking to move away from Amazon and Google is one of the best alternatives.  Brick and Mortars have relatively been subsidizing Amazon's 'intrusion' into their space by using Amazon's services. It's why we're seeing Walmart saying that they won't work with companies that use Amazon's AWS and Target looking to Google/MS/Oracle as an AWS replacement. Why give Amazon money if they're going to use that money to directly compete with you?  As far as Amazon being a monopoly, they aren't. They're just very good at vertically integrating their services to be very comprehensive."}
{"_id": "580918", "title": "", "text": "Because people who work with practical skills work for their own means, and not for corporations.  The banks are HEAVILY invested in Corporations.  The banks are also HEAVILY invested in debt.  Our entire system is orchestrated by the banks. They want a workforce that is highly specialized and in debt- this ensures that they are entirely dependent on Corporate jobs for money to pay debts and on big agro for their food....  It's all a trap.   Any one want to blow off the Corporations and go live/work directly for our own needs on a homestead/commune farm?"}
{"_id": "580920", "title": "", "text": "Here are some significant factors affect the company stock price performance: Usually, profitability is known to the public through the financial statements; it won't be 100% accurate and people would also trade the stock with the price not matching to the true value of the firm. Still there are dozens of other various reasons exist. People are just not behaving as rational as what the textbook describes when they are trading and investing."}
{"_id": "580927", "title": "", "text": "\"Historically they were conceived as a way to cut losses when the market turned against you. You would tell your broker something like \"\"buy me 100 shares of Anaconda and stop me if it goes below $110\"\" You can read references to this in old books like Reminiscences of a Stock Operator, the ABC of Options pricing, or the Day Trader's Bible.\""}
{"_id": "580932", "title": "", "text": "\"I'll chime in here with the \"\"don't do it crowd.\"\" I think it's fraught with ugly possibilities. However, you may, for various reasons, decide to say, \"\"to hell with it, we'll make it work.\"\" If that is the case, treat it like a business transaction and not an emotional transaction. Work up a binding contract with your attorney for how the two of you will handle issues such as: Of absolutely critical importance is the bail-out clause: how will you handle it when one person says, \"\"Sayonara.\"\"  None of this ensures a smooth road - god knows I wouldn't do it - but it could help protect your sanity and some of your investment down the road. Good luck.\""}
{"_id": "580935", "title": "", "text": "Online banks are the future. As long as you don't need a clerk to talk to (and why would you need?) there's nothing you can't do with an online bank that you can with a brick and mortar robbers. I use E*Trade trading account as a checking account (it allows writing paper checks, debit card transactions, ACH in/out, free ATM, etc). If you don't need paper checks that often you can use ING or something similar. You can always go to a local credit union, but those will wave the fee in exchange for direct deposit or high balance, and that you can also get from the large banks as well, so no much difference there. Oh where where did Washington Mutual go...."}
{"_id": "580940", "title": "", "text": "Subway just got in trouble for this I thought.  And I've seen plenty of chicken nugget boxes that advertise 100% white meat chicken on the front and the ingredients include hydrolyzed soy protein and cellulose.  And then there's all the fish mislabeling."}
{"_id": "580946", "title": "", "text": "\"Whatever the percentage divisions are, I'm a big fan of keeping things in separate accounts.  This works especially well for fixed bills.  It is essentially a bank account version of the envelope method.  If I take out everything from your paycheck I know is reserved (including reserving savings), for me it is a lot easier to not even miss the money when I'm going towards \"\"fun\"\" expenditures - which come from the checking account.\""}
{"_id": "580952", "title": "", "text": "This is also true. Part of the strategy was to no longer battle for better prices than ups with large retailers. UPS and FedEx end up undercutting each other so much that they lose money on large accounts. UPS is so much bigger that they can manage that better. FedEx is much smaller so it doesn't make sense to battle on price. Also see my comment below about shifting IT costs. They moved it to FedEx services. Bill the other fedex companies for IT services and then operate FedEx services at loss. There is a lot of money moving around in big corporations like this to avoid taxes."}
{"_id": "580956", "title": "", "text": "Several states have compensation programs for victims of violence, and it's been around for decades.   I got compensation through a Los Angeles program 35 years ago.   Someone made a YSK post for the sake of anyone who was a victim of the Las Vegas shooting.   Poor folks are covered through Medicaid, seniors and handicapped folks through Medicare."}
{"_id": "580963", "title": "", "text": "\"I think the other answers raise good points.  But to your question, \"\"How do I find an honest financial adviser\"\" ask your friends and family.  See who they talk to and confide in.  Go meet that person, understand what they do and how they view things and if you gel, great.  Honesty and strong ethics exist in individuals regardless of laws. What is it you're trying to accomplish?  You just have some money you want to put aside?  You want to save for something?  You want to start a budget or savings plan?  Your first step may be talking to a tax person, not an investment adviser.  Sometimes the most significant returns are generated when you simply retain more of your earnings and tax people know how to accomplish that.  You're just graduating university, you're just going to get your first job.  You don't need to hunt for the right heavy hitter 30% gains generating financial adviser.  You need to establish your financial foundation.  Crawl, walk, then run. There are some basics (that transcend international borders).  If you don't know much about investing, most (if not all) retirement and individual brokerage type accounts will give you access to some kind of market index fund.  You don't need to multinationally diversify in to high fee funds because \"\"emerging markets are screaming right now.\"\"  Typically, over a few years the fees you pay in the more exotic asset classes will eat up the gains you've made compared to a very low fee market index fund. You can open free accounts at a number of financial institutions.  These free accounts at these banks all have a list of zero commission zero load funds, all have something resembling an index fund.  You can open your account for free, deposit your money for free, and buy shares in an index fund for free.\""}
{"_id": "580980", "title": "", "text": "This arrangement might be a bit of a pain, but what about Visa gift card(s)? The transfer of money just doesn't happen if the money isn't already on the card. See here."}
{"_id": "580985", "title": "", "text": "Looks like the result got decided recently, with a little uncertainty about exactly how much is the total allowed claims: http://www.wilmingtontrust.com/gmbondholders/plan_disclosure.html http://www.wilmingtontrust.com/gmbondholders/pdf/GUC_Trust_Agreement.pdf They give the following example: Accordingly, pursuant to Section 5.3 of the GUC Trust Agreement, a holder of a Disputed Claim in the Amount of $2,000,000 that was Allowed in the amount of $1,000,000 (A) as of the end of the first calendar quarter would receive: Corresponding to the Distribution to the Holders of Initial Allowed Claims: Corresponding to the First Quarter Distribution to Holders of Units: Total:"}
{"_id": "581010", "title": "", "text": "Gas engines and oil power generation show no promise for greater efficiencies..  Extraction costs for oil are growing.  Solar has has grown much more efficient and has more room for growths in efficiency.  Recent research into batteries  also shows great promise for increases in energy storage efficiency.   Should we continue to subsidize the past or invest in the future?"}
{"_id": "581025", "title": "", "text": "I'm sure that's an argument O'Reilly and the others used just before they were shitcanned.  But the claims and lawsuits caused the company to lose a LOT more than just direct the legal costs, especially in lost ad revenue and brand damage."}
{"_id": "581026", "title": "", "text": "I did this about 8 years ago with a buddy in Chicago for the reasons specified in the original post.  As other posters have suggested, we discussed  a lot of the same questions listed above, figured out the possible scenarios, and then had a lawyer draw up a contract.  We bought a 3 bedroom house, and rented out the 3rd bedroom.  Overall, it was a great experience.  We both built equity while having a renter pay a third of the mortgage.  Plus the property tax and interest on the loan were tax deductible.  Compared with renting an apartment, it made us  a lot more money.  In the end, we sold the house, and split the profits.  Assuming you have the personalities to make it work, I say go for it."}
{"_id": "581033", "title": "", "text": "If you've been in your house for a few years (and have built some equity up) and the market is active in your area, online is probably fine. The local banks will be better if it's not obvious to someone in Bangor, ME that your neighborhood in San Diego is worth substantially more than the crappy area 2 miles away. I've had 3 mortgages, one from a regional bank, one from a broker-sourced national mortgage company and another from a local bank. The bigger banks had better statements and were easier to do stuff with online. The smaller bank has been a better overall value, because the closing costs were low and they waived some customary fees.  In my case, the national mortgage company had a better APR, but my time horizon for staying in the house made the smaller bank (which had a competitive APR, about a half point higher than the lowest advertised) a better value due to much lower up-front costs."}
{"_id": "581038", "title": "", "text": "The Russian ETFs may be broad, but a quick glance at ERUS and RBL's sector breakdown shows they're 45% and 47% energy sector, and their top holding is Gazprom comprising 9% and 14% of each ETF respectively, with plenty more oil and gas companies in their top 10 too.  A harder question would be how to invest in Russia and avoid oil I think (and even then, the economy is thoroughly bound up in it). To rework a meme... In Soviet Russia, oil invest YOU!"}
{"_id": "581041", "title": "", "text": "You must read E-Myth by Michael Gerber.  I've had a business for 13 years.  I read this book 4 years ago and it changed everything.   It's about building systems within your business that allow it to eventually run on its own, which brings it that much more value.    Everyone always also recommends, The Millionaire Next Door (It's a great book, but can be tedious).  It essentially takes a statistical look at real millionaires and their lifestyles, and shows that making a lot of money and living modestly leads to true wealth, as opposed to successfull people who make a lot of money but have too many large liabilities (excessively expensive cars and houses ect..) so their net worth is less than a million.  It's not about having tons of money, it's about living modestly.  The last one is 7 habits of highly effective people. I haven't gotten to that one yet.   Edit.  More general advice: Pay taxes on your money as it comes in.  Don't wait until the end of the year and get a huge tax bill.  Also, have an endgame goal or vision to start with, so you can always have a guide to where you're going. For Instance: do you want to always run and operate your business or do you hope to build it and then sell? Or do you want to be a hands off owner eventually and have someone else manage it?  The better shaped your endgame vision is, the easier it will be to get there.  Be stingy, especially at first, you need cash.  Dont go buying a brand new Mac laptop and an office space you don't need.  Eventually you'll learn when you need to spend money and when to be stingy."}
{"_id": "581053", "title": "", "text": "\"yes because we all know the little guy always wins when she on the right side of the law.  even the government loses cases to the rich like OJ Simpson.  who ever has the resources is gonna win.  with the legal system in the USA in shambles I do not see justice happening.  innocent people die on deathrow, officers in NYC are \"\"sprinkling and planting\"\" drugs on suspects...the system just does not work.\""}
{"_id": "581054", "title": "", "text": "\"This is a speculative question and there's no \"\"correct\"\" answer, but there are definitely some highly likely outcomes. Let's assume that the United States defaults on it's debt. It can be guaranteed that it will lose its AAA rating. Although we don't know what it will drop to, we know it WILL be AA or lower.  A triple-A rating implies that the issuer will never default, so it can offer lower rates since there is a guarantee of safety there.People will demand a higher yield for the lower perceived security, so treasury yield will go up.  The US dollar, or at least forex rates, will almost certainly fall. Since US treasuries will no longer be a safe haven, the dollar will no longer be the safe currency it once was, and so the dollar will fall. The US stock market (and international markets) will also have a strong fall because so many institutions, financial or otherwise, invest in treasuries so when treasuries tumble and the US loses triple-A, investments will be hurt and the tendency is for investors to overreact so it is almost guaranteed that the market will drop sharply. Financial stocks and companies that invest in treasuries will be hurt the most. A notable exception is nations themselves. For example, China holds over $1 trillion in treasuries and a US default will hurt their value, but the Yuan will also appreciate with respect to the dollar. Thus, other nations will benefit and be hurt from a US default. Now many people expect a double-dip recession - worse than the 08/09 crisis - if the US defaults. I count myself a member of this crowd. Nonetheless, we cannot say with certainty whether or not there will be another recession or even a depression - we can only say that a recession is a strong possibility. So basically, let's pray that Washington gets its act together and raises the ceiling, or else we're in for bad times. And lastly, a funny quote :) I could end the deficit in 5 minutes.   You just pass a law that says that   anytime there is a deficit of more   than 3% of GDP all sitting members of   congress are ineligible for   reelection.   - Warren Buffett\""}
{"_id": "581056", "title": "", "text": "It's so that your total mortgage payment stays the same every month. Obviously, the interest due each month decreases over time, as part of the principal is paid off each month, and so if the proportion of interest and principal repayments were to stay the same then your first payment would be very large and your last payment would be almost nothing."}
{"_id": "581074", "title": "", "text": "CITY CABINET CENTER offers beautiful Kitchen Cabinets in San Diego CA. We strive to offer ultimate satisfaction in our cabinetry. For more information, visit: 1108 Morena Blvd, San Diego CA 92110, US or call us at: 619-521-2875   Webiste: http://citycabinetcenter.com/"}
{"_id": "581084", "title": "", "text": "\"Environmental disaster, *intentional* environmental disaster and conspiracy to defeat regulatory compliance measures, overtly helping Iran and Mexican cartels circumvent sanctions...  vs...  Overly-aggressive marketing tactics.   I dunno man, I'm just having trouble putting these in the same category.  That last one looks an *awfully* lot like being guilt of \"\"succeeding while American\"\".\""}
{"_id": "581085", "title": "", "text": "\"Since the deduction balances out the future tax (presumably), I am   only paying tax on the gains, however over 20 years, those gains could   be greater than the original $4000 itself. (Doubling would only take   3.6% annual return over 20 years ) If I put it into a Roth IRA, I don't get a tax deduction, but I get to   withdraw the original $4000 and all the gains, tax free in about 20   years. It seems the Roth IRA is a better deal tax wise, but I would like to   hear if I am missing something. You are missing the time value of money. $4000 now does not have the same value to you as $4000 years in the future. In fact, the $4000 now has the same value as the money it grows into (principal + earnings) in the future. So a certain percentage of tax on the $4000 now has the same effect to you as the same percentage of tax on the $4000 + earnings in the future, no matter how much \"\"earnings\"\" is. It's simple math. If you start with the same amount of pre-tax money, and have the same flat percentage tax rate, then both Traditional and Roth will leave you with the same amount of money, regardless of how many times the gains are. Try it for yourself.\""}
{"_id": "581089", "title": "", "text": "Perth Ceiling Fixers provides you with ultimate solutions when it comes to the best ceiling contractors in Perth. We are one of the best ceiling companies in Perth. We are doing this for a very long time and now we are a leading brand in this industry. Don&amp;rsquo;t hesitate to call us to know more about our services. Contact Info:  Address: 2114 6th AVE, INGLEWOOD, Western Australia, 6052,  Phone: 0418 908 426"}
{"_id": "581098", "title": "", "text": "Many real estate agents will assist with an apartment hunt, for a suitable fee. In a hot market that may be worth the money. Then again, my best finds were always through co-workers, after the first two."}
{"_id": "581103", "title": "", "text": "&gt; I do this for a living  I think that's become painfully obvious. Take this as a learning experience, pink slime is NOT acceptable, misleading labeling is NOT acceptable.  &gt; They're designed to not be misleading.  They are marketing and are designed to lie and deceive the consumer. Those involved should be jailed for what they do (sounds like you) as an example of both fraudulent trading (since that is what it is), and corruption (since the only reason the law allows you, is because you bribed someone).  Take a long hard look at yourself."}
{"_id": "581106", "title": "", "text": "\"I worked for a plumbing/heating business in a management position for the past 3 years and I learned a few things:  You need a web presence STAT. Yellow page ads while effective at reaching older clients are EXPENSIVE and effective web marketing can be created at a fraction of the cost. Social media is an AMAZING tool use it.  Flat rate pricing. Quote your prices before you get the work and get a signature before you start. Make sure it is very very clear that you expect to be paid on completion.  Be known for cleanliness. Wealthy clients WILL spread your name around if you take the time and care to respect their property. Carpet runners, boot covers and cleaning supplies will pay off.  Pick a company name and get a PROFESSIONAL graphic designer to make your logo. Plaster it on all sides of your vehicle and you now have a mobile billboard.  Find something to specialize in.... for example boiler repair is a dying art. If you can be \"\"The boiler guy\"\" you will have lots of yearly maintenance work. Speaking of which offer yearly maintenance contracts as a way to get back into the house and develop a business relationship.  Get some sales training. You can be and effective salesman and still be honest it is just a matter of understanding the customer. Nexstar might be something worth looking into. But the membership fee is not cheap.  Setup some sort of inventory tracking system NOW. Have it in place so when he wants to grow it will be easy.   The company I worked for while not doing all of the things I mentioned here still managed to do 7 million a year in revenue. PM me if you want to know anything else.\""}
{"_id": "581116", "title": "", "text": "If you are the only one who puts in a large market buy order, then it would definitely push the price up. How much up would depend on how many would be willing to sell at what price point. It would also be possible that your trade will not get executed as there are no sellers. The same would be true if you put in a large sell order, with no buyers. The price would go down or trade not get executed as there aren't enough buyers."}
{"_id": "581127", "title": "", "text": "A public company should have a link for investor relations, which should help provide a trail of basis if this is a matter of company buyout, takeover, etc.  This gets you close, but if you don't have an exact date, it will just be close, not exact.  One clean way out of this, assuming the goal is to get rid of the stock and move on, is to donate the shares to charity. You will take the present value as a deduction, and be done. You can use a charitable gift fund such as those offered by Schwab or Fidelity, so if say, the shares are worth $20K, and you typically donate $5K per year, the fund lets you do this transaction at once, then send to the charities you wish over the next few years."}
{"_id": "581131", "title": "", "text": "I'm confused. Were those among the emails Don Jr provided freely and openly to the public, or were those among the 33000 emails that Clinton erased with no DOJ review? Or was that email data contained within the phones and computers Debbie Wasserman Schultz, Awan, and Clintons staff smashed with hammers before they could go through DOJ review?  Its awfully difficult to keep all these emails straight y'know. Could you lend me a hand by telling me where the emails you speak of came from?"}
{"_id": "581173", "title": "", "text": "Is it true that my father and I get better exchange rate if he uses citibank than his local bank and my local bank? No. The rates vary from Bank to Bank and some days some bank may give a better rate and there is no Golden rule that One Bank will always give better rate. For the amount specified, your father needs to walk into his Bank, preferably the branch that deals with Forex or the Main Branch in the city. A better rate would be given. So any leading Bank like HDFC, ICICI, SBI, SBH, Axis will be similar. Please note a CA certificate is required to make such remittance outside of India.  having my father send me money in USD in India and I get USD here. In that case, my father would have to pay exchange fees Yes this is the only option. You have to convert INR to USD in India. having my father send me money in INR in India and I exchange INR to USD in the US. In this case, exchange fees would be on me INR cannot be sent to US electronically. It will automatically get converted to USD. There is no bank in US that holds an INR account for you to convert amount into USD."}
{"_id": "581204", "title": "", "text": "The question regarding your snapshot is fine, but the real question is what are you doing to improve your situation?  As John offered, one bit of guidance suggests you have a full year's gross earnings as a saving target. In my opinion, that's on the low side, and 2X should be the goal by 35.  I suggest you look back, and see if you can account for every dollar for the prior 6-12 months. This exercise isn't for the purpose of criticizing your restaurant spending, or cost of clothes, but to just bring it to light. Often, there's some low hanging fruit in this type of budgeting exercise, spending that you didn't realize was so high.  I'd also look carefully at your debt. What rate is the mortgage and the student loans? By understanding the loans' rates, terms, and tax status (e.g. whether any is a deduction) you can best choose the way to pay it off. If the rates are low enough you might consider funding your 401(k) accounts a bit more and slow down the loan payments.  It seems that in your 30's you have a negative net worth, but your true asset is your education and future earning potential.  From a high level view, you make $180K. Taking $50K off the top (which after taxes gives you $30K) to pay your student loan, you are still earning $130K, putting you at or near top 10% of families in this country. This should be enough to afford that mortgage, and still live a nice life.  In the end there are three paths, earn more (why does hubby earn half what you do, in the same field?), spend less, or reallocate current budget by changing how you are handling that debt."}
{"_id": "581224", "title": "", "text": "\"&gt; Haha, aside from the fact that consensually choosing which career path you would like to go down is not at all akin to slavery and severely diminishes what actual slaves went (and in some places still go) through, even if your premise was right, your supposition is still wrong.  When you only other choice is OR DIE, it's pretty much slavery. Getting to choose your master, oh I'm sorry, \"\"career path\"\" is just mincing words.  You have no choice but to work for somebody to sustain yourself. You can't leave society and go your own way; All land is owned in some form or another and to do so  is illegal. ergo, you have no real choices and you are beholden to a system with the *illusion* of freedom.  But you are anything but free.  Look up the term wage slavery.  Honestly, old time slaves may have actually had it better than what we have today. At least the master was obligated to take care of his slaves and provide food, shelter, and medical care as his slaves were his investment in labor.  Today, the slaves have to fend for themselves. They need to purchase housing, education (modern day slaves have to secure their own training before they can become adequate servants), and healthcare.  The masters sure have it good these days, they don't even have to put forth any of the effort their predecessors did.  And the best part? They can just dump them whenever they see fit. Let the servants worry about their own upkeep! After all, there is always a nice surplus of fresh up and coming laborers!  &gt;People on the corner begging for money make a pretty decent amount of money with no employer. Certainly more than I make.  *citation Needed*\""}
{"_id": "581228", "title": "", "text": "No matter what your reasons are for needing quality lot clearing services, all that matters is that you need your trees gone and Billy Broussard Tree Service can help. Find us on: (337) 233-2442, address: 140 Violet St Lafayette, LA 70501."}
{"_id": "581249", "title": "", "text": "There are costs, yes, but it doesn't mean childless couples will automatically become $900K wealthier.  What's more likely is they will spend about the same amount of money to fill a certain void in their souls."}
{"_id": "581251", "title": "", "text": "Real Estate is all local. In the United States, I can show you houses so high the rent on them is less than 1/3% of their value per month, eg. $1M House renting for less than $3500. I can also find 3 unit buildings (for say $200K) that rent for $3000/mo total rents. I might want to live in that house, but buy the triplex to rent out. You need to find what makes sense, and not buy out of impulse.  A house to live in and a house to invest have two different sets of criteria. They may overlap, but if the strict Price/Rent were universal, there would be no variation. If you clarify your goal, the answers will be far more valuable."}
{"_id": "581257", "title": "", "text": "Generically, interest rates being charged are driven in large part by the central bank's rate and competition tends to keep similar loans priced fairly close to each other. Interest rates being paid are driven by what's needed to get folks to lend you their money (deposit in bank, purchase bonds) so it's again related. There certainly isn't very direct coupling, but in general interest rates of all sorts do tend to swing (very) roughly in the same direction at (very) roughly the same time... so the concept that interest rates of all types are rising or falling at any given moment is a simplification but not wholly unreasonable. If you want to know which interest rates a particular person is citing to back up their claim you really need to ask them."}
{"_id": "581265", "title": "", "text": "\"In the US tax system, you cannot \"\"write-off\"\" capital assets. You have to depreciate them, with very specific exceptions. So while you may be purchasing $4500 of equipment, your deduction may be significantly less. For example, computers are depreciated over the period of 5 years, so if you bought a $1000 computer - you write off $200/year until it is completely depreciated, not $1000 at once. There are exceptions however, for example - IRC Sec. 179 is one of them. But you should talk to a tax adviser (EA/CPA licensed in your State) about whether it is applicable to the specific expense you want to \"\"write off\"\" and to what extent. Also, keep in mind that State laws may not conform to the Federal IRC. While you may be able to use Sec. 179 or other exceptions and deduct your expenses on your Federal return, you may end up with a whole different set of deductions on your State return. And last but not least: equipment that you depreciated or otherwise \"\"wrote off\"\" that is later sold - is income to you, since depreciation/deduction reduces basis. Ah, and keep in mind - the IRS frowns upon Schedule C business that consistently show losses. If you have losses for more than 3 in the last 5 years - your business may be classified as \"\"hobby\"\", and deductions may be disallowed. But the bottom line is that yes, it is possible to end up with 0 tax liability with business income offset by business deductions. However, not for prolonged periods of time (not for years consistently, but first year may fly). Again - you should talk to a licensed tax adviser (EA/CPA licensed in your State). It is well worth the money. Do not rely on answers on free Internet forums as a tax advice - it is not.\""}
{"_id": "581267", "title": "", "text": "Mostly true. Very few plans allow for in-service withdrawal options. In most cases plans that do, only allow pure after tax sources to be withdrawn prior to age 59.5. The other case would be if you had rolled money from another k plan into your current plan. In almost all plans that money is always accessible.  Otherwise you generally will have to wait to request a distribution until you turn 59.5 years of age."}
{"_id": "581312", "title": "", "text": "\"I think equity research on the buy side is still chugging along, but on the sell-side it's dying.    Regulation FD damaged sell-side pretty bad.  I'm not saying reg FD is bad; I think it's good that everyone plays on the same playing field.  But it definitely took its toll.  Then you have higher and higher soft-dollar disclosure standards which makes it more and more difficult to get paid.  Add to that that second market volumes have fallen for something like eight years in a row and there's a shrinking pie.    And now, the SEC is going after \"\"expert networks\"\" hardcore and it has legit research providers scared to produce anything of value for fear of falling afoul of insider trading complaints.\""}
{"_id": "581313", "title": "", "text": "??  Edit: that's what I thought. Unless there is some specific tax code that I don't know about, there's no way to pass through money to the next year. But if someone on Reddit is saying something and quoting a tax law, I'd at least like to see it."}
{"_id": "581315", "title": "", "text": "You are missing a few variables from your calculation, particularly implied volatility.  Even so it does not look like it would be too great a predictor even if incorporated.  You should focus on calculating the option price at a different point in time (with a different underlying price) instead of using a total position value as that can be done afterwards. I programmed and use the standard Black-Scholes model to calculate expected returns.   There are many tools online to help you without doing the programming or calculations yourself."}
{"_id": "581318", "title": "", "text": "The idea is correct; the details are a little off. You need to apply it to the actual cash flow the bond would create. The best advice I can give you is to draw a time-line diagram. Then you would see that you receive \u00a335 in 6 months, \u00a335 in 12 months, \u00a335 in 18 months, and \u00a31035 in 24 months.  Use  the method you've presented in your question and the interest rate you've calculated, 3% per 6 months, to discount each payment the specified amount, and you're done. PS:  If there were more coupons, say a 20 year quarterly bond, it would speed things up to use the Present Value of an Annuity formula to discount all the coupons in one step..."}
{"_id": "581333", "title": "", "text": "The whole internet is becoming pathetic.  You can't go anywhere without having to fend off Alex-Jones watching, ammo-hording, conspiracy-mongering gold-bugs.  It's unbelievably pervasive.  People who had no interest in word goings-on are jumping into economic debate.  Unfortunately, they're mostly mis-informed.  I'll tell you what it *does* mean though:  there is a generation of kids who have a united belief (**bankers are evil! down with corporations!**) and they're angry.  Rational or not, at some point they'll begin to impose their will on the political system.  We will have a generational clash, especially if economic conditions worsen. Bank on it."}
{"_id": "581345", "title": "", "text": "\"The forms get updated every year, and the software providers need to get approved by the IRS every year. \"\"Form is not yet finalized\"\" means that this year form hasn't been approved yet. IRS starts accepting returns on January 31st anyway, nothing to be worried about. Why are you nearing a deadline? The deadline for 1120 (corporate tax return) is 2 and 1/2 months after your corp year end, which if you're a calendar year corp is March 15th. If your year end is in November/December - you can use the prior year forms, those are finalized.\""}
{"_id": "581358", "title": "", "text": "Yes, but at the root of it is the consumer. Complaining that these trusted sources are not adhering to principles of journalistic integrity while they are desperately trying to survive, thrive and adapt to a completely shifting paradigm where competition is lowering the bar and the same consumers are unwilling to step up and reward journalistic integrity - this is what happens. Essentially we get what we pay for.   We can lay blame on the media organizations as much as we care to, but the reality is we\u2019ve reached a point where most people like to be given talking points and sound bites that vindicate their point of view rather than actually try to obtain facts and form their own opinions. The truth is rarely accessibly in the bite-size pieces our society today craves.  Trust in the media is at an all time low for no other reason than we allowed it to happen and rewarded the media for going down that path. We\u2019ve created a system that does not reward what we say we want from media, rather rewards the actions that show we want the complete opposite.   If I may inquire, how many people reading this pay any premium for good journalism? I will be the first to sadly admit I do not.  Obviously this means I am also part of the problem despite making an effort to look at news from all sides - I am just a guilty as most to reinforcing the same system that has destroyed journalistic integrity."}
{"_id": "581362", "title": "", "text": "It's funny. I look at your recent posts and come back with, this guy is defending the white supremacists way to much.  This makes me think you are a white supremacists. No one in their right mind would go to that effort. Why are you? Honest question."}
{"_id": "581380", "title": "", "text": "You continue with this form. The fact that the trade in value is less than market value doesn't mean that you don't have taxable income from the sale. Since you depreciated the car before selling it, you need to compare the trade in value not to the market value, but to your cost basis, which may be lower."}
{"_id": "581399", "title": "", "text": "Depends from your general overall situation, but for what we know i would say: Definetely get rid of the high interest loan (10%) since average stocks return is not as high. Not sell shares for the car loan, the market is not so high (the s&p500 is just above the 200dd moing average). But if you have extra savings you should emduce this debt, since average savings rate is lower than 4% Keep the student loan for the moment."}
{"_id": "581403", "title": "", "text": "&gt;But the Model 3 will be priced around $35,000  It's a stretch to call this a mass-market car. The Model 3 is still in the price range of a low-end Lexus. But hopefully this will be produced with enough volume to be able to push for a Model 4 in the $20,000 range that is really reachable by more consumers."}
{"_id": "581413", "title": "", "text": "Be your professional self no matter what. Because weeks/months afterward your true self will come out. If this so-called 'conservative' company representative does not feel you were an optimal fit so be it. Employers, are like women, they're plenty of 'fish' in the sea. And there's nothing worse then not being yourself 8 hours a day 5 days a week. Got it?"}
{"_id": "581418", "title": "", "text": "Your first home can be up to \u00a3450,000 today. But that figure is unlikely to stay the same over 40 years. The government would need to raise it in line with inflation otherwise in 40 years you won't be able to buy quite so much with it. If inflation averages 2% over your 40 year investment period say, \u00a3450,000 would buy you roughly what \u00a3200,000 would today. Higher rates of inflation will reduce your purchasing power even faster. You pay stamp duty on a house. For a house worth \u00a3450,000 that would be around \u00a312,500. There are also estate agent's fees (typically 1-2% of the purchase price, although you might be able to do better) and legal fees. If you sell quickly you'd only be able to access the balance of the money less all those taxes and fees. That's quite a bit of your bonus lost so why did you tie your money up in a LISA for all those years instead of investing in the stock market directly? One other thing to note is that you buy a LISA from your post tax income. You pay into a pension using your pre-tax income so if you're investing for your retirement then a pension will start with a 20% bonus if you're a lower rate taxpayer and a whopping 40% bonus if you're a higher rate taxpayer. If you're a higher rate taxpayer a pension is much better value."}
{"_id": "581422", "title": "", "text": "What does cheap mean? Compared to what?  A standard international wire transfer cost about 40 $. Is that 'cheap' for you?  Alternatively, a mailed paper check takes 5-7 days mailing plus 7-10 days processing, but is free, that's as cheap as it gets."}
{"_id": "581423", "title": "", "text": "\"Point of order: \"\"What goes up must come down\"\" refers to gravity of terrestrial objects below escape velocity and should not be generalized beyond its intent.  It's not true that stocks MUST come down just because they have gone up.  For example, we would not expecting the price of oil to come down to 1999 levels, right?  Prices, including those of stocks, are not necessarily cyclical. Anyway, short selling isn't necessarily a bad idea.  In some sense, it is insurance if you have a lot of assets (like maybe your human capital) that will take a dive when the market goes down.  Short selling would have lost a lot of money in your case as the stock market between 2011 (when you wrote the question) and 2014 (when I wrote this answer) performed very well.  On average the long side stock market should make money over long periods of time as compensation for risk and the short side should lose money, so it's not a good way to make money if you don't have an informational advantage.  Like all insurance, it protects you against certain calamities, but on average it costs you money.\""}
{"_id": "581455", "title": "", "text": "You should read the provisions in your offer and any counteroffer that was signed before paying the earnest money, but generally if the appraisal comes in low, the price has to be adjusted. If you can't get a mortgage (because the appraisal is too low) the next guy usually can't either. Unfortunately without more information (the documents that were signed and the locale, to know which laws might be applicable) I can't tell you with certainty that you'll get your earnest money back."}
{"_id": "581456", "title": "", "text": "I agree, and this is as someone who has a hobby project idea that he might someday want to build as a product and sell.  I just don't think I would ever follow the conventional start-up model.  It stakes too much on too little.  It's better to construct a sustainable small business with a product line and revenue model, and also keep most of the ownership yourself, rather than get suckered into gajillion-dollar start-up offices, big-deal conventions and conferences, big-deal ownership of your company by VCs, big-deal coroporate folks suddenly walking around like they own the place... for a product that will end up relying on advertising for revenue or costing $10."}
{"_id": "581464", "title": "", "text": "\"&gt;&gt; President Trump killed the TPP? Yes, or no?  &gt; No, the TPP was declared politically dead before President Trump was elected.  Yeh, sure! Hillary was so against TPP, like Obama was.  So the answer is \"\"Yes!\"\" here.  &gt; President Trump is killing and NAFTA and actively against it? Yes, or no?  &gt; No, although candidate Trump was strongly against the trade deal President Trump has decided to \"\"renegotiate\"\" it.   Darling, if you are renegotiating a bad trade agreement called NAFTA, then it will not be NAFTA anymore. Am I right? Yes or No?  So the answer is \"\"Yes!\"\" here.  &gt;&gt;President Trump reduced immigration? Yes or no?  &gt; No, at least not yet although he has proposed legislation to do so.  Trump killed and is killing illegal immigration. Trump was never against legal immigration. Neither do I. Don't spin it.  So the answer is \"\"Yes!\"\" here.  &gt;&gt; President Trump reduced and kill many regulations? Yes or no?  &gt; Yes on this one but...  So, \"\"Yes!\"\" here.   And Obama was president for 8 years, so you start with Obama misguided regulations (not all of them, but many of them).  &gt;&gt; President Trump invests in infrastructure? Yes, or no?  &gt; No, while President Trump has promised $1 trillion in infrastructure spending  As you know, the President of the USA is not an absolute king. So Trump is for infrastructure, the wall with Mexico and re-doing ObamaCare. Any ideas why those did not happen yet? (hint: something to do with corrupt politicians in congress and senate, ALL(!) of them are democrats and few GOP losers).  So the answer is \"\"Yes!\"\" here.  &gt;&gt; Presider Trump pull out from Wars, e.g. the CIA program to \"\"support the rebels in Syria\"\"? Yes or no?  &gt; No, although you are right Tr  Make up your mind. Either it's \"\"no\"\" or I am not right.  Arming the Kurds, who never had their own country, and are pro-west, is actually anti-War. Kurdistan will put Iran, Iraq, Syria and Turkey in their place, like Israel does it to their neighbors. One of the worst crimes of modern age, worst than Jews not having their homeland of Israel, is the Kurd not having their country.  Arming the Saudis and many other anti-West countries, and paying ransoms to Iran / Iran \"\"deal\"\" by Obama is pro-War.\""}
{"_id": "581468", "title": "", "text": "I understand that Baby Boomer retirement is a factor, but when you stated 'there are more jobs than ever', it doesn't really support the idea that we don't have an unemployment crisis looming.  In other words, the fact that there are more payroll positions doesn't play into the effectiveness of the US's employment strategy (if it even has one). After all, it's trivial to show that the number of part-time positions is booming while full-time positions are contracting. Surely you don't think that every part-time job has the same economic benefit as a full-time job?  Even without a burger-making robot, we have a problem with enough work being available for our populace. If/when food prep automatons hit the big time, we're going to collectively flush out the part-timers that are the only section of the workforce that actually has been increasing in positions. What then?   I keep hearing people make comparisons to previous manufacturing or technological revolutions/evolutions, like buggy whips going away as automobiles came online. But those comparisons are fundamentally flawed as they didn't involve REPLACING the human, they involved augmenting humans with better and better tech. We still needed the human.  Now we face a major evolutionary hump, where we are replacing the humans hands and BRAINS with machinery. We simply don't need the human any more, they just get in the way.  It's a fundamentally different proposition than we have faced before."}
{"_id": "581493", "title": "", "text": "Sony has been doing this for years and nobody complains. But I do see the point, it keeps companies like WalMart and Best Buy from destroying small businesses.  Ohio does the same thing with beer and cigarrette prices."}
{"_id": "581500", "title": "", "text": "Agree. The key word is 'standards'. Every seller is going to encounter a crazy buyer once in a while and should be prepared for a ridiculous return now and then. On the whole, people buy things because they wanted to buy the thing, they aren't going to return it just because.  If the sellers want to cut down on returns, make sure there are good photos, accurate descriptions and quality control. If a buyer has been unreasonable, blacklist that person. I did that to a client 40 years ago. took forever to talk my boss into letting me do it, but it saved us thousands of dollars of year."}
{"_id": "581504", "title": "", "text": "FFTs target people who make frequent, large transactions. It would primarily affect people like day traders, high frequency traders. If you're doing either of those things with your 401(k), I think you have other problems.  Oh, it'll also affect people transferring extremely large amounts of money (like billions), which again, if you have in your 401(k), you have other problems."}
{"_id": "581509", "title": "", "text": "In the US, an opposite-sex spouse who is a citizen as well, can receive an unlimited inheritance with no tax due from the estate. IRAs and retirement accounts which were pretax accounts, are inherited by a spouse who can then either treat the accounts as her own, i.e. even co-mingle with current IRAs, or treat as inherited IRA, and begin RMDs. In which case tax is due to the extent the money wasn't already taxed. I see the edits above. No tax should have been due. Mom can gift the kids up to $14,000 per year per kid with no paperwork at all. And another $14K to the kid's spouses or grandchildren. Above this number, a form 709 is used to tap into the lifetime exclusion.  As it stands now, it's unclear why any tax would have been due in the first place."}
{"_id": "581514", "title": "", "text": "In this type of strategy profit is made when the shares go down as your main position is the short trade of the common stock. The convertible instruments will tend to move in about the same direction as the underlying (what it can be converted to) but less violently as they are traded less (lower volatility and lower volume in the market on both sides), however, they are not being used to make a profit so much as to hedge against the stock going up. Since both the bonds and the preference shares are higher on the list to be repaid if the company declares bankruptcy and the bonds pay out a fixed amount of interest as well, both also help protect against problems that may occur with a long position in the common stock.  Essentially the plan with this strategy is to earn fixed income on the bonds whilst the stock price drops and then to sell both the bonds and buy the stock back on the market to cover the short position. If the prediction that the stock will fall is wrong then you are still earning fixed income on the debt and are able to convert it into stock at the higher price to cover the short sale eliminating, or reducing, the loss made on the short sale. Effectively the profit here is made on the spread between the price of the bond, accounting for the conversion price, and the price of the stock and that fixed income is less volatile (except usually in the junk market) than stock."}
{"_id": "581529", "title": "", "text": "They have a $1.5 billion buyback in place. The company likely buying back shares here (at 18x declining free cash flow). More leverage for the company, now almost at 3x EBITDA. Don't worry, after they're done fucking the whole world it'll blow up and whoever gets stiffed on the debt will somehow wind up passing the cost onto taxpayers :)"}
{"_id": "581552", "title": "", "text": "You assume that you'll be working at a bulge bracket, who have structured programs and are used to hiring globally.  If you go work at a hedge fund, it could end up being a small shop who would rather not deal with any additional issues.  On my campus - many companies don't hire international just because there are so many qualified domestic applicants.  This is probably the most competitive and lucrative field out of any profession."}
{"_id": "581555", "title": "", "text": "No, fractional reserve banking isn't a scam. A simple exercise: replace dollars with time. You're trading some time now for time in the future, plus a bit of extra time. This is only a problem if you promise your entire life away, which we've helpfully outlawed. Once you realize that wealth is the result of human labor, and that money is simply a unit of account for it, it becomes far easier to see how simplistic models don't match reality."}
{"_id": "581570", "title": "", "text": "\"&gt; But yes, raising taxes will be necessary to fund what we need to fund, but I'd like to start with cutting government spending,  Want to cut government spending at the state level? Then you have to end the \"\"war on drugs\"\" and other excessibly punitive laws. But who has the political will to make that happen?\""}
{"_id": "581575", "title": "", "text": "The net amount of mail being sent doesn't matter, the marginal cost of each piece of mail does. The marginal cost has plummeted in recent years as cheaper sorting systems, higher stamp prices, and fewer letter-carriers have made it into a more efficient operation. This is (mostly) not about email."}
{"_id": "581579", "title": "", "text": "\"For any large company, there's a lot of activity, and if you sell at \"\"market\"\" your buy or sell will execute in seconds within a penny or two of the real-time \"\"market\"\" price.  I often sell at \"\"limit\"\" a few cents above market, and those sell within 20 minutes usually.  For much smaller companies, obviously you are beholden to a buyer also wanting that stock, but those are not on major exchanges.  You never see whose buy order you're selling into, that all happens behind the curtain so to speak.\""}
{"_id": "581585", "title": "", "text": "Burger King is just the latest American company to attempt a so-called tax inversion -- where a bigger U.S. company buys a smaller foreign firm in a country with a lower tax rate, renounces its U.S. corporate citizenship and then reincorporates in the other nation. Politicians and pundits have said the moves amount to little more than unpatriotic ploys to avoid paying taxes.  http://www.huffingtonpost.com/2014/08/25/burger-king-boycott_n_5710695.html"}
{"_id": "581586", "title": "", "text": "My work as Shill paid off! The economy will now improve even more.  Sure! Anyone who support Trump's actions on the economy is a shill.  Hey! Maybe I am also a Nazi, because, as you know, Trump is a Nazi sympathizer."}
{"_id": "581591", "title": "", "text": "\"One occastion where \"\"will not be quoted ex\"\" is used is when a corporate action is occurring such as a spin-off.  In such a case, the rights to, and the spin-off itself may be quoted separately on the home country exchange.  However, if the company is based abroad, it may not be worth the expense for them to have an additional securities listing on the local (US) exchange. For example:  In November 2016, Yamana Gold (TSX: YRI, NYSE: AUY) announced it will have an initial public offering of a spin-off (Brio Gold, to be listed on TSX as BRIO).  Existing shareholders received a right to one share of the spin-off for every 16 shares they held of YRI (or AUY).  These rights were separately traded in advance of the IPO of the spin-off on TSX under \"\"YRI.RT\"\", but the prospectus they stated that the rights \"\"will not be quoted ex\"\" on NYSE, i.e. there was no separate listing on NYSE for these rights. The wording seems counter-intuitive, but I suspect that is the attorneys who were preparing the prospectus used those specific words as they may have a very specific meaning (e.g. from a statute or previous case).\""}
{"_id": "581593", "title": "", "text": "Wood, stainless steel, aluminium, concrete, and stone are some of the materials used to build balustrades. However, in this age of environment consciousness, modern construction technologies are turning to eco-friendly materials for the development of properties. As a result, glass balustrades are the most popular option that builders prefer to use, due to their many benefits."}
{"_id": "581612", "title": "", "text": "\"Wall Street is an abomination because you never let the people you put in charge of valuing everyone's contributions to the economy and overall assets, in charge of valuing their own contributions to the economy and overall assets.  Otherwise I just say \"\"My name is Jaime Dimon, and I'm worth $300 million Loddars because I tell everyone how much their work is worth, but now need some money from everyone else because my company lost so much money working out the value of everyone else's stuff, and we  obviously didn't just spend it on our own bonuses.\"\"  This is no different from that town drunk promising a ship full of gold. The only real difference is that people believe him, and when the ship doesn't show up the government ends up stepping in and covering his debts, because... capitalism...\""}
{"_id": "581618", "title": "", "text": "\"nuclear plants + nuclear fuel rod storage facilities together take up a lot of space.   also to go back to one of your earlier points, I tried looking up the comparison in mining between nuclear and solar panels, but couldn't find anything. however I think they are similar, not one being more or less than the other. the processes are not too dissimilar, you have to get what you're mining for then wash it down and purify it with chemicals. But if you saw the amount of land that was displaced to get one piece of uranium that wouldn't even make up an entire fuel rod you might not think solar had the heavier mining load. besides, solar generates electricity while the fuel rods have a set amount of energy, so solar will end up paying for itself rather than having to mine for more of a radioactive element once your fuel rods are spent.   not sure I explained that last part too well but solar starts at 0 and goes to \"\"infinity\"\" in terms of how much electricity is generated while nuclear fuel rods start at 100 and go down to 0. so I think solar is the better bet  edit: I also agree that energy is really hard to solve. every source has their drawbacks unfortunately. except cold fusion lol\""}
{"_id": "581622", "title": "", "text": "This is amazing. Pretty standard in the EU but as an Americanizing in London it took multiple Brit friends to get me to take a few days as my marriage ended. Ultimately helped me save a few deals I was working on that began to fall apart as I struggled."}
{"_id": "581625", "title": "", "text": "**Defaulted to one day.**  I will be messaging you on [**2017-08-22 15:04:00 UTC**](http://www.wolframalpha.com/input/?i=2017-08-22 15:04:00 UTC To Local Time) to remind you of [**this link.**](https://www.reddit.com/r/finance/comments/6v2w77/crypto_assets_hedge_funds/dlxclh1)  [**1 OTHERS CLICKED THIS LINK**](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[https://www.reddit.com/r/finance/comments/6v2w77/crypto_assets_hedge_funds/dlxclh1]%0A%0ARemindMe! ) to send a PM to also be reminded and to reduce spam.  ^(Parent commenter can ) [^(delete this message to hide from others.)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Delete Comment&amp;message=Delete! dlxclp0)  _____  |[^(FAQs)](http://np.reddit.com/r/RemindMeBot/comments/24duzp/remindmebot_info/)|[^(Custom)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[LINK INSIDE SQUARE BRACKETS else default to FAQs]%0A%0ANOTE: Don't forget to add the time options after the command.%0A%0ARemindMe!)|[^(Your Reminders)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=List Of Reminders&amp;message=MyReminders!)|[^(Feedback)](http://np.reddit.com/message/compose/?to=RemindMeBotWrangler&amp;subject=Feedback)|[^(Code)](https://github.com/SIlver--/remindmebot-reddit)|[^(Browser Extensions)](https://np.reddit.com/r/RemindMeBot/comments/4kldad/remindmebot_extensions/) |-|-|-|-|-|-|"}
{"_id": "581632", "title": "", "text": "Consult a professional CA. For shares sold outside the Indian Stock Exchanges, these will be treated as normal Long Term Capital Gains if held more than one year. The rate would be 10% without Indexation and 20% with Indexation. If the stocks are held for less than 1 years, it will be short term gains and taxed according you to tax bracket."}
{"_id": "581634", "title": "", "text": "There is a way to get a reasonable estimate of what you still owe, and then the way to get the exact value. When the loan started they should have given you amortization table that laid out each payment including the principal, interest and balance for each payment. If there are any other fees included in the payment those also should have been detailed. Determine how may payments you have maid: did you make the first payment on day one, or the start of the next month? Was the last payment the 24th, or the next one? The table will then tell you what you owe after your most recent payment. To get the exact value call the lender. The amount grows  between payment due to the interest that is accumulating. They will need to know when the payment will arrive so they can give you the correct value. To calculate how much you will save do the following calculation: payment = monthly payment for principal and interest paymentsmade =Number of payments made = 24 paymentsremaining = Number of payments remaining = 60 - paymentsmade = 60-24 = 36 instantpayoff = number from loan company  savings = (payment * paymentsremaining ) - instantpayoff"}
{"_id": "581635", "title": "", "text": "\"Okay. Savings-in-a-nutshell. So, take at least year's worth of rent - $30k or so, maybe more for additional expenses. That's your core emergency fund for when you lose your job or total a few cars or something. Keep it in a good savings account, maybe a CD ladder - but the point is it's liquid, and you can get it when you need it in case of emergency. Replenish it immediately after using it. You may lose a little cash to inflation, but you need liquidity to protect you from risk. It is worth it. The rest is long-term savings, probably for retirement, or possibly for a down payment on a home. A blended set of stocks and bonds is appropriate, with stocks storing most of it. If saving for retirement, you may want to put the stocks in a tax-deferred account (if only for the reduced paperwork! egads, stocks generate so much!). Having some money (especially bonds) in something like a Roth IRA or a non-tax-advantaged account is also useful as a backup emergency fund, because you can withdraw it without penalties. Take the money out of stocks gradually when you are approaching the time when you use the money. If it's closer than five years, don't use stocks; your money should be mostly-bonds when you're about to use it. (And not 30-year bonds or anything like that either. Those are sensitive to interest rates in the short term. You should have bonds that mature approximately the same time you're going to use them. Keep an eye on that if you're using bond funds, which continually roll over.) That's basically how any savings goal should work. Retirement is a little special because it's sort of like 20 years' worth of savings goals (so you don't want all your savings in bonds at the beginning), and because you can get fancy tax-deferred accounts, but otherwise it's about the same thing. College savings? Likewise. There are tools available to help you with this. An asset allocation calculator can be found from a variety of sources, including most investment firms. You can use a target-date fund for something this if you'd like automation. There are also a couple things like, say, \"\"Vanguard LifeStrategy funds\"\" (from Vanguard) which target other savings goals. You may be able to understand the way these sorts of instruments function more easily than you could other investments. You could do a decent job for yourself by just opening up an account at Vanguard, using their online tool, and pouring your money into the stuff they recommend.\""}
{"_id": "581642", "title": "", "text": "I am not sure what a Brazilian equivalent is but you could just do an  ADR. Keep in mind that when you are investing in a foreign company there are certain currency risks that you may need to consider."}
{"_id": "581645", "title": "", "text": "No.  It's not.  It's lots of changed interface items that require lots of learning for the users (who are often sketchy, at best, with their familiarity in setting up and using computers), which is frustrating when said users are faced with deadlines that must be met.  The original release of Windows 8 was buggy as hell, proving unreliable and untrustworthy for those who actually had to get things done.  Many of these users couldn't figure out how to upgrade to 8.1, and I've dealt with several such users whose update actually failed when attempted.  I'm not saying this cannot be salvaged.  I'm saying it's not remotely worth the pain--as a user--of switching/upgrading from Windows 7."}
{"_id": "581657", "title": "", "text": "I'm NMLS with a bank, won't name it, but you can buy and sell points up to .5 if I remember right.  Might be 1% but it's the difference between 1300 and 1700 if I remember right for monthly payments."}
{"_id": "581672", "title": "", "text": "Here is the answer from my brokerage: Regular equity monthly options expire on the 3rd Friday of every month. The last time to trade them is by market close at 4 PM Eastern time. The weekly options will expire on the Friday of that week, also with a last trading time of 4 PM Eastern time. Options that expire in the money by .01 or more are automatically exercised. If you are long an option that is out of the money at expiration, it will expire worthless. If you are short an option, even if it expires out of the money, you are still at risk for possible assignment since the long option holder always has the right to exercise an option prior to expiration.*"}
{"_id": "581675", "title": "", "text": "I started this off as a comment to Joe's answer, but it got rather messy in that form so I'll just post it as a separate answer instead. I suggest that you read Joe's answer first. I believe you are overthinking this. First, you really should be discussing the matter with your girlfriend. We can provide suggestions, but only the two of you can decide what feels right for the two of you. Strangers on the Internet can never have as complete a picture of your financial situations, your plans, and your personalities, as the two of you together. That said, here's a starting point that I would use as input to such a discussion: As you can see, a common theme to all of this is transparency and communication. There is a reason for this: a marriage without proper communication can never work out well in the long term. I don't know about Germany specifically, but disagreements about money tends to be a major reason in couples splitting up. By setting your lives up for transparency in money matters from the beginning, you significantly reduce the risk of this happening to you. Scott Hanselman discusses a very similar way of doing things, but phrases it differently, in Relationship Hacks: An Allowance System for Adults."}
{"_id": "581697", "title": "", "text": "\"First to actually answer the question \"\"how long at these rates/payments?\"\"-  These is nothing magic or nefarious about what the bank is doing. They add accrued interest and take your payment off the new total.  I'd make higher payments to the 8.75% debt until it's gone, $100/mo extra and be done. The first debt, if you bump it to $50 will be paid in 147 months, at $75/mo, 92 months. Everything you pay above the minimum goes right to the principal balance and gets you closer to paying it off.  The debt snowball is not the ideal way to pay off your debt. Say I have one 24% credit card the bank was nice enough to give me a $20,000 line of credit on. I also have 20 cards each with $1000 in credit, all at 6%. The snowball dictates that the smallest debt be paid first, so while I pay the minimum on the 24% card, the 6% cards get paid off one by one, but I'm supposed to feel good about the process, as I reduce the number of cards every few months.  The correct way to line up debt is to pay off the (tax adjusted) highest rate first, as an extra $100 to the 24% card saves you $2/mo vs 50 cents/mo for the 6% cards. I wrote an article discussing the Debt Snowball which links to a calculator where you can see the difference in methods. I note that if the difference from lowest to highest rate is small, the Snowball method will only cost you a small amount more. If, by coincidence, the balances are close, the difference will also be small.  The above aside, it's the rest of your situation that will tell you the right path for you. For example, a matched 401(k) deposit should take priority over most debt repayment. The $11,000 might be better conserved for a house downpayment as that $66/mo is student loan and won't count as the housing debt, rather \"\"other debt\"\" and part of the higher ratio when qualifying for the mortgage. If you already have taken this into account, by all means, pay off the 8.75% debt asap, then start paying off the 3% faster. Keep in mind, this is likely the lowest rate debt one can have and once paid off, you can't withdraw it again. So it's important to consider the big picture first.  (Are you depositing to a retirement account? Is it a 401(k) and are you getting any matching from the company?)\""}
{"_id": "581701", "title": "", "text": "Yes it is. The government already controls the banks. The fed sets reserve amounts. It is about 20% but they can make it 99% if they wanted. A bank that doesn't meet its reserves loses its charter and is seized. I believe it is Office of Thrift Supervision or something. The president appoints the Fed chairman and congress oversees the Fed. The Fed gives 90%+ profits to the Treasury."}
{"_id": "581712", "title": "", "text": "I am going to assume that this is going to be a long term investment and you don't need this money before 5-6years at the very least. My advise would be to invest in one of the following funds : IDFC Premier equity fund growth plan (Direct) (Only SIP allowed right now) ICICI Discovery fund growth plan (Direct) DSP microcap fund growth plan (Direct) In case you do not want to be invested in small and mid cap and want a little less volatility then my first choice for that would be : Quantum long term equity fund dividend plan Whatever you go for make sure you go directly with the fund house and not through a broker as you end up getting charged an extra .63% extra as opposed to going direct and you will also be paying for a demat account which can be avoided if you invest directly with a fund house. Out of the above mentioned funds Quantum has the lowest expense ratio of 1.25% and it is a huge benefit if you are talking 10+ years because it makes a lot of difference. Source : My own research and experience as an investor."}
{"_id": "581733", "title": "", "text": "I have a ton of overpriced lego sets that sit in the basement collecting dust...while my 7 and 10 year old are watching You tube or video games.. it's sad actually- we (wife and I) built them and they would never play with them... we finally noticed that it was a good intention bad result... oh well"}
{"_id": "581755", "title": "", "text": "\"Some people are better drivers than others.  A collision can happen to anybody, even good drivers. The collision might not be your fault at all; it might be entirely the fault of the other party. However, the best drivers do a better job of avoiding collisions in situations where the other drivers on the road are doing the wrong things.  The \"\"no claims discount\"\" is a way to identify and reward those good drivers, as they have a lower likelihood of claims in the future.\""}
{"_id": "581776", "title": "", "text": "So my Question is this, in reality is investment in equities like the   stock market even remotely resemble the type of growth one would   expect if investing the same money in an account with compounding   interest? Generally no as there is a great deal of volatility when it comes to investing in stocks that isn't well represented by simply taking the compounded annual growth rate and assuming things always went up and never went down. This is adding in the swings that the market will take that at times may be a bit of a rude surprise to some people. Are all these prognosticators vastly underestimating how much savers   need to be socking away by overstating what is realistic in terms of   growth in investment markets? Possibly but not probably. Until we know definitively what the returns are from various asset classes, I'm not sure I'd want to claim that people need to save a ton more. I'll agree that the model misses how wide the swings are, not necessarily that the averages are too low or overstated."}
{"_id": "581780", "title": "", "text": "\"As Dilip said, if you want actual concrete, based in tax law, answers, please add the country (and if applicable, state) where you pay income tax. Also, knowing what tax bracket you're in would help as well, although I certainly understand if you're not comfortable sharing that. So, assuming the US... If you're in the 10% or 15% tax bracket, then you're already not paying any federal tax on the $3k long term gain, so purposely taking losses is pointless, and given that there's probably a cost to taking the loss (commission, SEC fee), you'd be losing money by doing so. Also, you won't be able to buy back the loser for 31 days without having the loss postponed due to the wash sale that would result. State tax is another matter, but (going by the table in this article), even using the highest low end tax rate (Tennessee at 6%), the $50 loss would only save you $3, which is probably less than the commission to sell the loser, so again you'd be losing money. And if you're in a state with no state income tax, then the loss wouldn't save you anything on taxes at the state level, but of course you'll still be paying to be able to take the loss. On the high end, you'd be saving 20% federal tax and 13.3% state tax (using the highest high end tax state, California, and ignoring (because I don't know :-) ) whether they tax long-term capital gains at the same rate as regular income or not), you'd be saving $50 * (20% + 13.3%) = $50 * 33.3% = $16.65. So for taxes, you're looking at saving between nothing and $16.65. And then you have to subtract from that the cost to achieve the loss, so even on the high end (which means (assuming a single filer)) you're making >$1 million), you're only saving about $10, and you're probably actually losing money. So I personally don't think taking a $50 loss to try to decrease taxes makes sense. However, if you really meant $500 or $5000, then it might (although if you're in the 10-15% brackets in a no income tax state, even then it wouldn't). So the answer to your final question is, \"\"It depends.\"\" The only way to say for sure is, based on the country and state you're in, calculate what it will save you (if anything). As a general rule, you want to avoid letting the tax tail wag the dog. That is, your financial goal should be to end up with the most money, not to pay the least taxes. So while looking at the tax consequences of a transaction is a good idea, don't look at just the tax consequences, look at the consequences for your overall net worth.\""}
{"_id": "581793", "title": "", "text": "If you buy for $1 and sell $1 when the price goes to $2, you would have sold only half of your initial investment. So your investment would now be worth $2 and you sell $1 leaving $1 still in the market.  This means you would have sold half your initial investment, making a profit of $0.50 on this half of your initial investment, and having to pay CGT on this amount."}
{"_id": "581831", "title": "", "text": "ATM surcharges exist based on the preference of the ATM owner, not the country where it sits.   I believe that any country could have these ATMs if the owner so desired."}
{"_id": "581841", "title": "", "text": "\"On the one hand the author says this:  &gt;the forcible seizing of land from individuals by government without just compensation deserves to be called tyranny.  Then in the next breath says this:  &gt;Property owners merely need to pay the communities from which they receive benefits through their exclusive use of land the exact market value of the benefits that they receive.  There is no way to \"\"pay the communities\"\" except through some form of representation: Government.  So what the author is stating is that people who gain value of the land they use must pay the government a fair market value for that use.  Also known as taxation.  But the author takes it one step further: ALL land should be in the hands of the representatives of the community (Government) and everyone must lease said land from the community (Government).    Yeah. That will work well.\""}
{"_id": "581844", "title": "", "text": "Vamos paella is a unique culinary concept where our chefs will be cooking paella and tapas live at your gathering. You read that right! It\u2019s time to unwind and enjoy yourself in good company while our dedicated team takes care of all your Paella party needs. With a strong passion for fine food and excellent service, the team at Vamos paella would be delighted to help create and share the experience of putting together a truly special Paella catering event. Click here for more details:https://www.youtube.com/watch?v=-e-l4ry72lo&amp;feature=youtu.be"}
{"_id": "581848", "title": "", "text": "During a stock split the only thing that changes is the number of shares outstanding.  Typically a stock splits to lower its price per share.  Sometimes if a company's value is falling it will do a reverse split where X shares will be exchanged for Y shares.  This is typically done to avoid being de-listed from an exchange if the price per share falls below a certain threshold, usually $1.  Again the only thing changing is the number of shares outstanding.  A 20 for 1 reverse split means for every 20 shares outstanding the shareholder will be granted one new share. Example X Co. has 1,000,000 shares outstanding for a price of $100 per share.  It does a 1 for 10 split.  Now there are 10,000,000 shares outstanding for a price of $10 per share. Example Y Co has 1,000,000 shares outstanding for a price of $1 per share.  It does a 10 for 1 reverse split.  Now there are 100,000 shares outstanding for a price of $10. Quickly looking at the news for ASTI it looks like it underwent a 20 for 1 reverse split.  You should probably look at your statements and ask your broker how the arithmetic worked in your case. Investopedia links for Reverse Stock Split and Stock Split"}
{"_id": "581850", "title": "", "text": "With all due respect, a market being saturated is not a marker of failure or stagnation, in fact if you look at the market for service providers you'll see that is worth an estimated $400-600 billion with the largest chunk being the offline service providers (yellow pages). This shows that there is ample space for an innovative service platform that offers a refreshing take on costumer and vendor relationship."}
{"_id": "581866", "title": "", "text": "To try to answer the three explicit questions: Every share of stock is treated proportionately: each share is assigned the same dollar amount of investment (1/176th part of the contribution in the example), and has the same discount amount (15% of $20 or $25, depending on when you sell, usually). So if you immediately sell 120 shares at $25, you have taxable income on the gain for those shares (120*($25-$17)). Either selling immediately or holding for the long term period (12-18 mo) can be advantageous, just in different ways.   Selling immediately avoids a risk of a decline in the price of the stock, and allows you to invest elsewhere and earn income on the proceeds for the next 12-18 months that you would not otherwise have had.  The downside is that all of your gain ($25-$17 per share) is taxed as ordinary income.   Holding for the full period is advantageous in that only the discount (15% of $20 or $25) will be taxed as ordinary income and the rest of the gain (sell price minus $20 or $25) will be taxed at long-term capital gain tax rates, which generally are lower than ordinary rates (all taxes are due in the year you do sell).  The catch is you will sell at different price, higher or lower, and thus have a risk of loss (or gain). You will never be (Federally) double taxed in any scenario.  The $3000 you put in will not be taxed after all is sold, as it is a return of your capital investment.  All money you receive in excess of the $3000 will be taxed, in all scenarios, just potentially at different rates, ordinary or capital gain.  (All this ignores AMT considerations, which you likely are not subject to.)"}
{"_id": "581867", "title": "", "text": "\"The best advice I have heard from any of my professors is \"\"Think before you speak\"\"  A moment of silence is Okay. Especially if it is a question that involves a great deal of critical thinking. Formulate your responses so they sound intelligent and mature. Asking the interviewer questions works too -- the more they talk, the better!\""}
{"_id": "581889", "title": "", "text": "First thing to do when you notice a credit card fraud is to call the respective banks who issues the credit card and most banks immediately (as far as my experience goes - twice) they will cancel the credit card and issue a new card with different number. Your credit card account will remain the same, no effect on credit score as the account is still active, its just the credit card number is changed. If you are more concerned about Identity Theft, there are two further options you can pursue. Place a Fraud Alert : Ask 1 of the 3 credit reporting companies to put   a fraud alert on your credit report. They must tell the other 2   companies. An initial fraud alert can make it harder for an identity   thief to open more accounts in your name. The alert lasts 90 days but   you can renew it. - as per Federal Trade Commission Credit Freeze : If you\u2019re concerned about identity theft, those reported mega-data breaches, or someone gaining access to your credit   report without your permission, you might consider placing a credit   freeze on your report. - as per Federal Trade Commission"}
{"_id": "581893", "title": "", "text": "\"The link highlighting on that page is bonkers. Not sure I trust what nymag.com is saying about internet culture.  Also: \"\"It\u2019s tough to generate revenue when your most active user base is too young to have a steady income.\"\"  Really?\""}
{"_id": "581924", "title": "", "text": "\"&gt; Yea that's all fine and dandy if you have the resources to afford not having a reliable income while you take the risk of being entrepreneurial.   Start small.  No one said you need to rent out a floor of an office building in Manhattan and hire 25 people right off the bat.  Check out this [20 year old's story](http://www.reddit.com/r/smallbusiness/comments/2ahuun/how_i_started_my_business_now_im_moving_on/) in /r/smallbusiness.  He started a janitorial company with $500 and sold for $670k a few year later.  Instead of just *clearly* being jealous of the rich, why not create something?  This kid was obviously tired of being told \"\"find a job\"\" and he went out a created his own empire.  This is what we should be teaching kids in school.  Instead of telling them to go pay $200k for a worthless degree in liberal arts then telling him to cross his fingers to find a \"\"job\"\".  Fuck that mindset.  Fuck finding a \"\"job\"\".  Go make jobs.\""}
{"_id": "581938", "title": "", "text": "Nobody can give you a safe 6% return with that portfolio under current conditions. It looks like the current 10 year treasury is yielding about 2.2%. With 60% in bonds, the stocks would have to yield about 12%, which just isn't happening safely now."}
{"_id": "581940", "title": "", "text": "\"More like \"\"I'm going to give you a pile of sandwiches for you and your friends, and you'll like it, but if your friends don't, I'm going to charge you double.\"\"  They're advertising the product as good, with some stupid warning if it's not good.  They're simply trying to manage complaints by making complaining impossible, rather than fixing the actual problems.\""}
{"_id": "581948", "title": "", "text": "Monopolies spur competition by startups and other giants. If Intel abuses a monopoly Apple will make their own CPUs or invest in AMD. Microsoft Office resulted in Google Docs. Internet Explorer in Firefox.  If anything monopolies without government backing (preventing entrance to a market) cannot last long because it shows there is a shit tin of profit to be had. Even with ISPs we are seeing investment and innovation in gigabit wireless with companies like Starry to get over the natural monopoly."}
{"_id": "581969", "title": "", "text": "The preparation for starting up of the company has lasted already more than 2 years. Let's say the company starts officially in January next year. So, in January 2014... 8 million USD is invested to purchase the equipments and the company will start selling their prdocuts right away. Imagine the company will be selling the same amount of products each year at the same price for 5 years. After 5 years it will sell the equipments for 6 million USD and cease to exist. The depreciation of  equipments is divided into those 5 years. So, each year the depreciation of equipments is 400.000 USD. In despite of this, the company will make 500.000 USD per year as a profit before tax.  So, the equipments are bought in Januardy 2014 (first month of the existence of the company) and sold in December 2018 (last month of the existence of the company). This is the NPV that I calculated. Is it correct?"}
{"_id": "581973", "title": "", "text": "I've rolled mine over into IRAs, and once you have one rollover account you can roll further 401ks into it-- I've done that."}
{"_id": "581976", "title": "", "text": "\"In the UK, using a credit card adds a layer of protection for consumers. If something goes wrong or you bought something that was actually a scam, if you inform the credit card company with the necessary documents they  will typically clear the balance for that purchase (essentially the burden of 'debt' is passed to them and they themselves will have to chase up the necessary people). Section 75 of the Consumer Credit Act  I personally use my credit card when buying anything one would consider as  \"\"consumer spending\"\" (tvs, furniture ect). I then pay off the credit card immediately. This gives me the normal benefits of the credit card (if you get cashback or points) PLUS the additional consumer credit protection on all my purchases.  This, in my opinion is the most effective way of using your credit card.\""}
{"_id": "581989", "title": "", "text": "\"Sure there are. We still want skilled workers, people who speak English, and people who share our principles of freedom and hard work. We'd also have to discard our welfare system for their to be \"\"no additional hurdles\"\" as it used to be.  Before welfare our immigration system was non-existent.\""}
{"_id": "581990", "title": "", "text": "Yeah.  The drive to do this kind of thing at a federal level is pretty much dead unless there is some kind of for-profit road company that can start privatizing roads. Then they could open up the gusher.  I feel conflicted over it. I remember during the Stimulus Act a lot of roads were repaved and they're now all shit again. I question why crushed gravel and oil is really the very best we can do when it comes to roads.  I know some roads that get scraped, then paved and STILL are full of bumps. They inevitably start cracking and failing almost immediately. Also, no matter where I go in the US the tech being used to resurface roads looks positively ancient. I've seen other countries use very advanced machines that resurface and pave quickly in one pass."}
{"_id": "581994", "title": "", "text": "\"Senator Orrin hatch (R-UT) is the same guy who famously endorsed remotely destroying the computers of people who pirate music and software. He's an all around douchebag and I disagree with his positions on pretty much everything. He is quoted in this article blasting the decision because of the recent security breach. I never thought I would see the day where I nod along and scream \"\"YEAH ORRIN GO GET 'EM!\"\" Equifax seriously fucked up and I think they might actually suffer the consequences because there is so much bipartisan hate against them across the political spectrum. Also rich people got fucked over here too so they have reason to go after Equifax.  We live in interesting times.\""}
{"_id": "582005", "title": "", "text": "Well for a start funds don't pay interest.  If you pick an income-paying fund (as opposed to one that automatically reinvests any income for you) you will receive periodic income based on the dividends paid by the underlying stocks, but it won't be the steady predictable interest payment you might get from a savings account or fixed-rate security. This income is not guaranteed and will vary based on the performance of the companies making up the fund. It's also quite likely that the income by itself won't cover the interest on your mortgage.  The gains from stock market investment come from a mixture of dividends and capital growth (i.e. the increase in the price of the shares).  So you may have to sell units now and again or cover part of the interest payments from other income. You're basically betting that the after-tax returns from the fund will be greater than the mortgage interest rate you're paying.   3 facts: If you're comfortable with these 3 facts, go for it. If they're going to keep you awake at night, you might not want to take the risk."}
{"_id": "582010", "title": "", "text": "&gt;You can sound very intelligent by denoiuncing ideas that challenge the status quo, not do much when it is clear that the status is about to fall off of a cliff  Except all those ideas, ending the Fed, going on a gold standard, are returns to *old ideas* that have already been shown to have significant problems. These are not challenging the status quo. These are ignoring well established knowledge and the pain it took mankind to understand *why* these ideas are worse for us than the current system."}
{"_id": "582023", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://econlog.econlib.org/archives/2017/09/macro_events_in.html) reduced by 91%. (I'm a bot) ***** &gt; NGDP aggregates prices and output, and thus NGDP cannot change unless at least some individuals adjust their output or pricing decisions.  &gt; Proponents of NGDP stabilization point to such abrupt downturns in the growth of nominal GDP as occurred in 2008 as something that could be eliminated by having the Fed stabilize nominal GDP. We do not doubt that a sufficient monetary expansion could offset any decline in nominal GDP, provided only that V remains positive.  &gt; Unstable monetary policy shows up as unstable NGDP. Since wages are sticky, employment tends to move with NGDP in the short run, and unemployment is countercyclical.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z8a10/macro_events_in_big_economies_dont_have_micro/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207480 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **NGDP**^#1 **economic**^#2 **monetary**^#3 **targeting**^#4 **agents**^#5\""}
{"_id": "582035", "title": "", "text": "Why does selling a bond drive up the yield? The bond will pay back a fixed amount when it comes due. The yield is a comparison of what you pay for the bond and what will be repaid when it matures (assuming no default). Why does the yield go up if the country is economically unstable? If the country's economy is unstable, that increases the chance that they will default and not pay the full value of the bonds when they mature. People are selling them now at a loss instead of waiting for a default later for a greater loss. So if you think Greece is not going to default as it's highly likely a country would completely default, wouldn't it make sense to hold onto the bonds? Only if you also think that they will pay back the full value at maturity. It's possible that they pay some, but not all. It's also possible that they will default. It's also possible that they will get kicked out of the Euro and start printing Drachmas again, and try to pay the bonds back with those which could devalue the bonds through inflation. The market is made of lots of smart people. If they think there are reasons to worry, there probably are. That doesn't mean they can predict the future, it just means that they are pricing the risk with good information. If you are smarter than the herd, by all means, bet against them and buy the bonds now. It can indeed be lucrative if you are right, and they are wrong."}
{"_id": "582043", "title": "", "text": "Have a look at my answer to a similar question (asked by a 22 yo) ... Basically"}
{"_id": "582044", "title": "", "text": "I worked in a lab that designed micro machines to more rapidly conduct biological tests. These sorts of devices which collect data could easily do what several lab technicians and doctors can do in a short amount of time.   People should always be on the move and willing to learn new skills."}
{"_id": "582048", "title": "", "text": "To start trading at a minimum you need 3 things; Bank Account: This again is not must, but most preferred to transact. Quite a few broker would insist on this. Demat Account: This is must as all shares on NSE are held electronically. The custodians are CSDL or NSDL both Government entities. These don't offer services directly to customer, but via other financial institutions like Banks and Large Brokers. Broker Account: This is required to buy or sell securities. If you are only buying in IPO, this is not required as one can directly participate in IPO and Broker is not involved. However if you want to buy and sell on NSE you would need a broker account. Quite a few financial institutes offer all 3 services or 2 services [Demat/Broker]. The fee structure and online service etc are differentiators. You can take a look at options and decide the best one to use."}
{"_id": "582063", "title": "", "text": "Look for unsustainable policies and actions by policy makers, both before and possibly during, when looking at the ForEx markets.  Consider some examples: Each of those events could be seen in the growing unsustainability of local policies.  ForEx markets and local policies can appear to stay on an unsustainable path for a long time, but equilibrium will force itself on everything in the long run.  In two of the above cases, the initial response wasn't enough to offset the mess, and more and more intervention had to be done, only making matters worse.  When you know how unsustainable policies are and how big the corrections need to be, you can quickly ascertain whether an action by policy makers will be enough."}
{"_id": "582064", "title": "", "text": "\"I don't know what the legal situation in the US is, but in the UK I would take the bank to court. Your case is simple - you never authorised the transactions, and they have provided no evidence to you that you did. The details of the VISA \"\"zero liability\"\" promise you mention may also be worth quoting as it ought to form part of your contract with the bank.\""}
{"_id": "582074", "title": "", "text": "That is including over time paid. This title is misleading at best. How many hour do they work? Cop's shift is 12 hours. Over time only happens after 12 hours so these guys are literally busting their balls for this money how can you just simply put the total out there and not tell people how many hours do they work to earn this much? I'd say a police making that money by working over time is much more deserving that money than a money manager who makes easily hundred times that much."}
{"_id": "582083", "title": "", "text": "Heh, I bought my 3ds from sears with discover cash back at 10%, so I got $25 back then when the price dropped I got a bonus 10% on the difference so $88 off I think? Anyway I totally took advantage of them as I was aware (honestly wouldn't consider it insider info since everyone knew) of a coming price drop.  Otherwise sears is terrible, but I'm about to buy multiple appliances through them and having them do installs. So I guess I'm helping them float."}
{"_id": "582104", "title": "", "text": "\"Payroll is a huge part of these companies' costs. The notion that payroll could be doubled or tripled and prices would only rise \"\"a few cents\"\" is wild hyperbole fit for /r/politics, not /r/business. We expect better than Alternet here.  But regardless, it's not about damage to the consumer via higher prices. In my  opinion, the fact that something costs the consumer more is almost totally irrelevant to this discussion.   The point is that businesses that operate by employing teens and college students are under no obligation to raise their wages just because the broader economy is crap and adults are filtering into the positions.\""}
{"_id": "582134", "title": "", "text": "I think it looks pretty good. Something about the reverse white typography seems a bit harsh to me what with everything else being in warm browns but that's a quibble.  I remember being told in some business course ages ago that one needed to be able to withstand 3 years of few sales when starting a new biz. That was pre-internet. There are probably new rules but I think one should still be prepared for a long wait. People have to find the site. How will they do that?"}
{"_id": "582152", "title": "", "text": "Thank you Aegeus for voting on metric\\_units.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"_id": "582161", "title": "", "text": "\"As others have pointed out, leveraged investing is investing borrowed money. To do so, you need to convince a lender that you're good for the loan. This usually means you need to have collateral worth what you're trying to borrow, or you need to pay a higher rate to account for the fact that they're gambling that you will remain employed and pay off the loan. Leveraged investing is, in general, a risky move for exactly this reason. You can lose not just your original investment, but everything you borrowed as well. The only time it really makes sense, in my admittedly conservative opinion, is when you (a) can afford to suffer that loss, (b) are pretty confident of your investment, and (c) have assets which you have no intention to sell for the duration of the loan. An \"\"unneeded\"\" mortgage on a house is a classic example, thusly: When I purchased my house, I had enough savings that I could have bought it without taking a mortgage. Instead, I took out a mortgage for a large part of that, and left the remainder in my investment accounts -- essentially building the leveraging loan into the mortgage. I then got obscenely \"\"lucky\"\" when interest rates fell through the floor due to the Great Recession, and was able to refinance the mortgage to near record low rates. As a result, on that loan -- which, as I say, I'm in the position of being able to pay off at any time without killing my finances -- I'm currently paying about 3.5%, while the cash this has let me leave in my investments is earning several times that... a net win. But again, note that this required collateral. Essentially, all I'm doing is paying a bit to to borrow my own money (part of the value of the house). There really is no easy way to \"\"convert 25k to 250k\"\" -- if there was, everyone would be doing it.  There's no magic in investment. Just time and compounding returns and trading off risk against potential gain. The more you try to push it and win big, the more you risk losing big. I really recommend not attempting anything fancy until you're wealthy enough that you can afford those losses. But if you insist on playing in this space, the answer to your question is to buy options. Options are a packaged form of borrowing to invest. Note that they're still considered high-risk unless you know EXACTLY what you're doing, and again I strongly recommend you not put money into them unless you can afford to lose it -- options have a nasty habit of turning from apparent gains on paper to losses remarkably quickly.\""}
{"_id": "582166", "title": "", "text": "\"Fantastic find. The only thing is that gold and other precious metals would \"\"make sense\"\" as a potential way to deliver dividends (highly liquid, seen as borderline synonymous with cash, etc.).   I wonder if anything more illiquid, such as my example, has been done or would make sense.\""}
{"_id": "582185", "title": "", "text": "Short term investments, treasuries, current accounts."}
{"_id": "582189", "title": "", "text": "There isn't a difference - he/she likely meant to say the difference between sales and profit.    Sales, in this case, means the amount of money that a business receives from its customers.  Profit would be what is left after deducting costs (wages, product, etc.) from sales.  To put it another way:  Sales - Costs = Profit"}
{"_id": "582190", "title": "", "text": "\"These \"\"doomsday\"\" articles always make me laugh. If it doesn't happen the article is simply forgotten. If it does come true then years later the author can bring it out and say \"\" see I was right\"\".  In this case it does seem obvious though.\""}
{"_id": "582191", "title": "", "text": "You can open a self-employed 401k, here's an example. You can deposit up to 50K (including the personal cap and the profit sharing/matching portion)."}
{"_id": "582230", "title": "", "text": "Cost Rica is one of the most popular vacation destinations in Central America and perhaps the world. Many things define the beautiful country. From the active volcanoes, to gorgeous beaches on Pacific to tropical landscapes, you will find everything you need for the best vacation experience. https://aaatourcostarica.wordpress.com/2017/06/09/4-things-make-costa-rica-the-best-vacation-destination/"}
{"_id": "582238", "title": "", "text": "\"The type of \"\"office job\"\" and the level at which you're expected to perform (usually relative to the compensation) need to be considered.  Just because you know Susie, the slacker data entry specialist I, can play on Facebook and Snap chat in between her poor attempts at being productive doesn't mean that all office jobs are like this.  Susie probably isn't expected to get very much done and is most likely compensated as such, most likely less than a good manufacturing or laborer's job.\""}
{"_id": "582262", "title": "", "text": "But if increasing demand is brought about by increasing spending, and wide-ranging increased spending appears when many people have money to spend - why not just give everyone some money to spend?   Why tie it to the hourly rate at a job, thereby making tons of positions too expensive for employers to justify?   Seems like a simple allocation of money to everyone, no strings attached, would stimulate demand nicely."}
{"_id": "582265", "title": "", "text": "\"We need a new kind of economy that is actually economic, that \"\"saves\"\", rather than the one we have now that is largely based on waste.  We need more jobs and higher wages so that everyone can work a little less hours and have the time to go back to doing a few things for themselves like gardening, or even walking their own dog instead of paying someone to do it.  We need to include the \"\"cradle to grave\"\" costs of products into the price so that someone can get paid to take it apart and actually recycle it instead of land filling it. And, we need to build products better, in the first place so that each item lasts longer before needing to be recycled.  The last 2-3 decades, we have been so focused on getting a lot of stuff as cheap as possible. We need to reverse that and buy less individual items of a higher quality so that they last a while. I am willing to spend more to buy a TV that will last 30 years like my parents TV did. Today's flat screens seem to be doomed at 2 years.  We also need to focus on rebuilding and repairing what we were given by our parents and grandparents--the nations roads, bridges, pipelines, water systems, and landmark building--all of these things need to be repaired before they are beyond hope.  Unfortunately, none of these things are going to happen.\""}
{"_id": "582269", "title": "", "text": "\"There is a lot misinformation in this thread that I'd like to clear up. In fact, you're more than welcomed to PM me if you wish to see any backup to the statements I'm about to make.   First, I'd like to say that as an Uber/Lyft driver, the experience has been nothing short of exhilarating. I normally work in the L.A. and O.C. areas of So. Cal and the amount of interesting, super successful, and wonderful people I meet on a daily basis is off the charts. It's as if I'm some sort of talk show host on wheels.   Initially, I applied for Lyft, as the social and community angle of its service intrigued the hell out of me. I'm an outgoing guy and I'm also an artist of some type who receives a royalty check only once a month. Instead of doing kickstarters and begging for money, I thought doing Lyft would be a great idea instead. So far my customers have been nothing short of an inspiration. Anyway, after passing a background check, a driving test with my mentor, a driving record check, alongside submitting all my documentation (license, registration, insurance) , and a quick vehicle inspection (my car is rather new and in great condition) I was hired quickly.   That same day I decided to get to work quickly, see how the whole system works. As soon as I got to the destination I wanted to get to I got my first call on my phone within 5 minutes. I use my GPS and rush to pick my customer up (while obeying all traffic laws, of course). After a couple of minutes of chit chat I come to find out my first Lyft customer ever is an Uber recruiter. She likes my car and my approach so she hands me a Uber logo'd black bag with an iPhone, a car charger, and a mount. I asked her if this means I have to work exclusively for Uber, she says, \"\"Nope.\"\"  My eyes then light up like some medieval lights in the sky, chicken little for the peasantry, ancient aliens approved phenomena when I realize I'll have access to both customer bases just one week removed from not being able to pay my phone bill.   After submitting a background check, a driving record check, and pretty much all the stuff Lyft asked for, I was driving for both Uber and Lyft a week after I was hired for Lyft.   The good news for you the consumer is that both companies are being cut throat because they want your money! There's never been a better time to hitch a ride on the cheap. Both companies have thrown millions of dollars over the past couple of months through social media,  driver bonuses, and other venues, so you're able to get a free ride or a deep discount off a long ride.  If you haven't tried both services, now's the time. Don't want to risk getting a DUI just for driving down a couple of blocks to your favorite bar this weekend? You'll probably be able to get a free ride there (if you scour gently for specials) and pay between $7-13 for the trip back. Better than getting your car impounded, losing your license, and paying $10,000+ in penalties and court fees, eh? You have no idea how many poor saps I take to and from work who can't drive because they just got a D.U.I., and who are now plunking $25-35 per ride just to get to where they gotta go.     **INSURANCE**  As for insurance, both companies have given me supplemental insurance. I have full coverage on my car for when I'm off the clock (which was required at time of hiring, btw). So here's how the insurance for Lyft and Uber works.   [For Lyft](http://i.imgur.com/mc6hanN.jpg)   When App is turned on (on the way to pick up client) -or- \"\"Contingent Liability\"\"   1. * up to $50k/person (bodily injury)  1. * up to $100k/accident (bodily injury)  1. * up to $25k/accident (Property damage)   When you pick up client(s) in the car and you're on your way to the destination.   Excessive liability &amp; UM/UIM  1. Up to $1,000,000/occurence  Contingent Collision &amp; Comprehensive   1. up to $50,000/accident  ($2500 deductible)   [For UberX](http://i.imgur.com/k9kIvzB.png)   When App is turned on (on the way to pick up client) -or- \"\"Contingent Liability\"\"  1. up to $50k/person (bodily injury) 1. up to $100k/accident (bodily injury) 1. up to $25k/accident (Property damage)   When you pick up client(s) in the car and you're on your way to the destination.  Excessive liability &amp; UM/UIM  Up to $1,000,000/occurence  Contingent Collision &amp; Comprehensive  up to $50,000/accident ($1000 deductible)  Other than the deductible, as you can see both plans are pretty much the same. Which in my opinion, should be more than enough.   **SERVICES &amp; EXPECTATIONS**  Both apps are easy to use and within 5-10 minutes (sometimes much sooner, there've been many times where I get a call and the customer is on the sidewalk a few feet from where I was parked waiting for my next call). Both passengers and drivers adhere to a rating system. As of today, if either driver or passenger fail to maintain a rating of 4.6 and above they risk being booted from using the app. So it's important that drivers know what the hell they are doing (like being courteous, respectful, professional, clean, and know how to use a GPS while driving accurately and safely and/or knowing their routes instinctively) and passengers should also be polite, respectful, communicative (very important since drivers aren't psychics). Also, don't be so drunk that you either pass out or throw up in the back and make sure that if your bring your friends along for the ride, that they adhere to the code of conduct expected of passengers. I've run into numerous instances where an otherwise perfect passenger gets dinged for their drunk and/or rude friends.    Also, as a driver, for your insurance to work, don't EVER end a drive early because you made a wrong turn or were late for a pick up. You're risking an insurance hiccup in the event of an incident, and passengers should also make sure that their driver has their app online throughout the entire trip, as well as making sure the driver's pic of him/her and his/her car match the profile you see on the app.   As for safety, I've yet to hear from a passenger they felt they were ever in immediate danger. Did they get a creepy vibe from one of their drivers? Sure, not everyone is a social butterfly, and there has been an inundation of ex-cab drivers going over to Uber (which is good, cause' the service is getting pro drivers with experience, but could prove detrimental, since they're gonna have a hard time competing with Lyft on the charisma side of things).   However, I've already numerous accounts from young women in Hollywood who are now refusing to call for a yellow cab or taxis on Hollywood Blvd and Sunset and the surrounding areas due to unwelcome sexual advances by drivers looking to take advantage of their sometimes solitary and inebriated drive home. It's heartwarming and great to hear whenever you drop one of these young women off at their places and they thank you for being both professional, courteous, welcoming, and above all else, trustworthy, all while paying a fraction of the cost of what a cab would normally run at that time of night.   **MY PERSONAL EXPERIENCE (IN SUMMARY)**  I'm literally having the time of my life. My other job requires me to interact with humanity, pick its brain, and then express those experiences to everyone else in an invigorating, positive, and inspirational manner. What better way to do it--while earning some decent money--than driving around for Uber and Lyft.   These services are, without a doubt, revolutionary, and are being used and employed by both young and old, men and women, struggling students, and strategically utilized by incredibly wealthy and successful Hollywood types and investment bankers. It's cheap, reliable, and very fun too. It's also bringing back the long lost art of human interaction and conversation back into our daily lives.   So far, so good, and it breaks my heart whenever I hear misinformation and astroturfing about these services throughout the internet, and I'm supremely angered as to how certain municipalities are colluding with taxi cab lobbies to prevent Uber and Lyft and other ride-share services from competing fairly at a time where cities are desperate to ease congestion, reduce DUI's, and make sure their citizens are happy and are left with more money in their pocketbooks.\""}
{"_id": "582270", "title": "", "text": "When the market isn't allowed to favor one currency (provider) over another, there must be a central authority with the power to regulate, provide, and insure it. People don't learn the dangers of fractional reserve banking and the resulting expansions and contractions of the money supply when the providers of the currency aren't allowed to fall, taking the savings of depositors with them. Insuring people against the dangers of mismanaged money guarantees the mismanagement of money."}
{"_id": "582278", "title": "", "text": "I don't understand how they can force Walmart to pay more to their employees. Like most people have said they aren't forced to work there. If they demand higher wages given their skill set then they should be going elsewhere. People won't be asking for higher wages once they see that higher wages are pushed onto consumers through higher prices."}
{"_id": "582301", "title": "", "text": "I am not entirely sold on investing in start-up companies, but I really like the idea of crowdfunding investments. I've been an investor at [LendingClub](https://www.lendingclub.com/) for 10 months now and am quite happy so far. For those of you who don't know, Lending Club is where you can crowdfund consumer loans.  I'm also very interested in [Solar Mosaic](https://solarmosaic.com/). Once their quiet period ends I am planning on investing in solar projects through them. Of course I'll want to see some data related to their risk and returns, but I love the idea of earning a return from funding solar projects.    I think that crowdfunding allows you to invest in areas that are normally off-limits to those of us who aren't rich. At the very least these investments offer a nice source of portfolio diversification."}
{"_id": "582303", "title": "", "text": "Why would exchanges self regulate? It is like asking two nfl teams to play without referees and work out the rules and penalties on their own.   You need an outside party ref - govt. to set the rules and regulations."}
{"_id": "582307", "title": "", "text": "Well considering I am middle class and living in America (and a woman to boot!)...  However, your father on his factory salary probably didn't have to save for his own retirement, at the time he probably thought his company's pension would provide for him. Now if you want any hope of having a decent retirement, you gotta save 15% a year. Your dad probably also didn't have to pay for insurance in the age of Lipitor and Viagra. But the chances of his dying of a heart attack at 60 were much greater (lost my own grandpa to a heart attack at 58 in 1975) We live longer and better thanks to medicine, albeit expensive medicine.   I still think if you subtract out all the things from our current lives that normal middle class folks pay for today that they wouldn't have had to pay for in say 1960 we'd be able to raise a family of 4 on one middle class salary.   PS we can have an awesome discussion without being rude. :)"}
{"_id": "582308", "title": "", "text": "Salary pay does not compute to hourly wages. As a salary employee you aren't being paid for hours worked, you are being paid for a week of work. Sometimes that requires more time other times less. You could just as well divide your salary by the amount of overtime you work and each week you work 40 hours say that you are being over paid or paid for time not worked."}
{"_id": "582311", "title": "", "text": "It really depends. I mean, did he *actually* get hundreds of thousands of dollars, or did he go bankrupt? Did the IRS actually come in demanding cash, or was it a scam? Are the funds for the transaction being held in escrow? Were they transferred to the wrong bank? Why isn't your dad lawyering up over this? Etc. etc. etc."}
{"_id": "582313", "title": "", "text": "Imagine that I own 10% of a company, and yesterday my portion was valued at $1 Million, therefore the company is valued at $10 Million.  Today the company accepts an offer to sell 1% of the company for $500 Thousand: now my portion is worth $5 Million, and company is worth $50 Million. The latest stock price sets the value of the company. If next week the news is all bad and the new investor sells their shares to somebody else for pennies on the dollar, the value of the company will drop accordingly."}
{"_id": "582337", "title": "", "text": "Except it has nothing to do with crypto, IBM has been here for a while and all they care about is private blockchains, similar to intranets in computer days. Come back in a few years when they realize the project doesnt actually really bring much efficiency and gets abandoned."}
{"_id": "582340", "title": "", "text": "\"I had the same thing happen to my house. I bought it in 2011 for 137,000, which was the same as the FHA appraised value (because FHA won't guarantee a loan for more than their appraiser thinks its worth). January of last year, I get the letter from the tax office and see that my house has been assessed at only 122,000. I was shocked too, until I read a similar document that Phil told you to read. The short of it is, no matter what the tax assessor calls their calculation, it is an assessment. It was mass-produced along with everyone else's in your neighborhood by looking at its specs on paper (acreage, house square footage, age, beds/baths) and by driving by your home to see its general condition. The fact that your lawn may be less well-kept than the last time they drove by could have affected the decision a little. It's very unlikely to have been a major determinant of the assessment. The assessment value affects taxes, and taxes only. It is, in most states, a matter of public record, and so it could be used by a potential buyer to negotiate a lower price. However, everyone in the housing business knows that the assessed value is not the market value, and the buyer's agent will be encouraging their client to make a more realistic bid. This \"\"assessed value\"\" is not an \"\"appraisal value\"\". An appraisal is done by someone actually walking into and through your home, inspecting the general condition inside and out, to try to make a fair evaluation of what the home is actually worth. That number is almost always going to be more than the assessment value, because it takes into account all the amenities of the home; the current fixtures, the well-kept (or recently-replaced) flooring, the energy-efficient HVAC and hot water system, etc etc. It also takes into account recent comparables; what have other houses, with the same general statistics, the same amenities, relatively close in location, sold for recently? That will still generally be different from the true market value of the home. That value is nothing more or less than what a potential buyer will pay to have it at the time you decide to sell it, and that in turn depends 100% on your potential buyers' myriad situations. Someone may lowball even the assessed value because they're looking for a deal and hoping you're desperate; you just reject the offer. Someone may be looking at comparables indicating the house is maybe overpriced by $10k. You can counter and try to come to an agreement. Or, your potential buyer could work five minutes from your house, and be willing to pay at or above your asking price because the next best possibility is another 10 miles away. Since you aren't looking to sell the home, none of this matters, except to determine any escrow payments you might be making towards property taxes. Just keep making your mortgage payment, and don't worry about it. If you really wanted to, you could petition the state for a second opinion, but you think the value should be higher; if they agree with you, they'll raise the assessed value and you'll pay more in taxes. Why in the world would you want to do that?\""}
{"_id": "582345", "title": "", "text": "Both android and IOS have basically been _complete shit_ with app permission management as a rule. It's one of the reasons that I essentially refuse to treat my smartphone as an actual personal information device, and instead treat it like some shared platform that I just have on really extended loan that could be revoked at any time.  Frankly, I think that permissions should be dynamically selectable and with multiple levels (including options to allow things only while an app is running in the foreground), and it ought to be fuckin' trivial to see what an app is accessing at any given time. I mean, FFS, they already try to sandbox users, so failure to do the rest is just halfassing it."}
{"_id": "582350", "title": "", "text": "I use to sell IT equipment to the corporation behind the store - they are ridiculously prejudice. I was a tad shocked as all I had was the happy Hawaiian shirt store to go by, their corporate (not unlike Wholefoods) side is pretty fugly."}
{"_id": "582369", "title": "", "text": "\"Unaddressed pressure?  Have you seen any scifi books movies or tv shows from the past 40+ years?  It is a very common theme that has been beaten to death.  The solution is pretty simple to me, I say \"\"evolve or don't\"\".  Technological progress is always better than living in the Luddite fear factory.  The *real* hard part is going to be deciding which mods are going to give you the best return on investment.  I see that as the next step of natural selection.  If anything, I think that this progress is going to be what finally unseats the old money families that clog innovation.  I really believe that as someone gets more intelligent, they care less about dominating their fellow humans, and care more about growing their surroundings, and seeking beauty rather than destruction.\""}
{"_id": "582379", "title": "", "text": "\"I refuse to vote for Mitt Romney but I don't see what's wrong with his position in this instance. Homes are way too expensive currently and helping people with underwater mortgages would be akin to propping up unsustainable home prices.  The only way to fix the housing market it so value homes at a value that people are willing or able to pay. Given the wage deflation going on in the USA coupled with a good portion of an entire generation of new home buyers saddle with a mortgage sized student loan debts, it's ridiculous to think current home prices represent the \"\"bottom\"\" of the market.\""}
{"_id": "582411", "title": "", "text": "A few questions:  1) Are there any 'low emission' fuels or technologies that are even remotely viable for long-haul air travel, within the next decade or two? Asking people to travel less is silly, and punishing companies for CO2 emissions when there is no alternative is also silly, so I hope these regulations are trying to encourage some sort of 'positive' behaviour?   2) Is there any evidence that CO2 credits or offsets are actually helpful? Is there any proof that it's not just a money laundering scam?"}
{"_id": "582414", "title": "", "text": "I successfully used Currency Fair a few times, they seem to cater for both Australia and the UK. If I remember correctly, you can set everything up via Internet. As they explain on their website, first you open an account with them, then you transfer AUD to an Australian bank account that they will give you, then you exchange and transfer the money to your friend on their web page. Usually they are cheaper than PayPal, especially if you have time to play with their exchange by marketplace functionality (not recommended if you just want to do the transfer)."}
{"_id": "582429", "title": "", "text": "I don't think Canada truly respects the business competitiveness side of emailing business with business-related propositions. In turn, cold calling volume will shoot through the fucking roof for confirmation to send an email with appropriate content. Next thing you know, they pass a law for anti-spam calling -.-"}
{"_id": "582438", "title": "", "text": "\"Natural seasonings is annoying. Note that it's often mandated too, as in you can't put what it actually is, and must say \"\"natural seasonings.\"\"  There are other issues too. Lots of processing aids may be omitted if they have no nutritional impact, and that seems very wrong to me. But the \"\"made with 100% chicken\"\" thing still seems fair.  My biggest complaint is the \"\"no added nitrites  (except for the nitrites we added)\"\" but that's mostly because it's the one I encounter the most.\""}
{"_id": "582443", "title": "", "text": "Personally, I think this one is best. RAROC (risk-adjusted return on capital) puts things in perspective for excess returns when considering risk-contribution. It does have its flaws, e.g. the quality of the VaR can be manipulated or simply incorrectly measured. But as in any model, it's GIGO (garbage-in garbage-out)."}
{"_id": "582447", "title": "", "text": "Wtf are you talking about, the article is not mud slinging, there's been evidence for a while now that Trump's cabinet is not entirely happy with him. Just because you're not happy with the facts doesn't mean that's mud slinging. That's not what that expression means.  Trump has no understanding of international politics or the US domestic legislative process. Are you seriously shocked stories like the ones cited in the article are a fact?"}
{"_id": "582458", "title": "", "text": "\"I work in the casino industry. We overbook tickets to concerts/events every single time, and 99% of the time we get enough cancels to not have to worry about it. But that 1% of the time where we have more players than tickets, we bend over backwards to make sure everyone gets a ticket.  I've purchased tickets from \"\"ticket brokers\"\"(scalpers) for like 5x the face value to make sure no one is unhappy.   Of course I don't expect a car rental place to go buy a car so I have one to rent, but at least if they overbooked (which I understand), they better freaking find an alternative even if its a competitor.\""}
{"_id": "582459", "title": "", "text": "Successful people run into bad situations all the time.  Instead of giving up, they work around it and find a way to succeed anyway. You don't see how many failures a successful person actually had before succeeding, which is why you are attributing it to luck.  As an example, the South park guys were rejected 10 times before finally getting accepted."}
{"_id": "582479", "title": "", "text": "It's a really big stretch to assume that a particular 10Q release will have the exact same impact on trading volume, trading price, and volatility as a prior release, in a different quarter, under a different set of circumstances and a different set of results, which is what you seem to be implying when you suggest that a lack of volume in response to one quarter's results should therefore be used as a benchmark.   I think traders and the HFT firms are a lot smarter than you think."}
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{"_id": "582501", "title": "", "text": "They get higher interest payments.  If they were to sell now they would get a premium over par.  They get principal back if they hold so no gain, only gain if they sell now.  But then they have to put it elsewhere (another bond, this time lower interest?) so it's a wash.  Depends what you use the money for."}
{"_id": "582507", "title": "", "text": "\"What you are saying is a very valid concern.  After the flash crash many institutions in the US replaced \"\"true market orders\"\" (where tag 40=1 and has no price) with deep in the money limit orders under the hood, after the CFTC-SEC joint advisory commission raised concerns about the use of market orders in the case of large HFT traders, and concerns on the lack of liquidity that caused market orders that found no limit orders to execute on the other side of the trade, driving the prices of blue chip stocks into the pennies.  We also applaud the CFTC requesting comment regarding whether it is   appropriate to restrict large order execution design that results in   disruptive trading. In particular, we believe there are questions   whether it is ever appropriate to permit large order algorithms that   employ unlimited use of market orders or that permit executions at   prices which are a dramatic percentage below the present market price   without a pause for human review So although you still see a market order on the front end, it is transformed to a very aggressive limit in the back end. However, doing this change manually, by selling at price 0 or buying at 9999 may backfire since it may trigger fat finger checks and prevent your order from reaching the market.  For example BATS Exchange  rejects orders that are priced too aggressively and don't comply with the range of valid prices.  If you want your trade to execute right now and you are willing to take slippage in order to get fast execution, sending a market order is still the best alternative.\""}
{"_id": "582517", "title": "", "text": "&gt;**Because if it is achievable**, it is almost certainly better than just tying the whole economy to the price of a single commodity. **If it is not achievable**, then it is almost certainly better to let the markets adjust and correct, however imperfectly, than to tie the whole economy to the whims and wishes of incompetent and politically-motivated money-printers.  So... what I'm getting from all of this, is basically how we view the possibility of a workable flat currency.  I think the possibility of whether or not a flat currency will actually work depends on many things, some more important than others. The size (and power/influence) of a country can greatly affect how a flat currency will work within that country.  If the country is large and power hungry (like ours), then a flat currency will most likely not work in the long run. It will promote greed and monopolization of wealth, but what of gold? That can't work either because a large country can't sustain itself off such an inefficient monetary system.  So... to me, it seems like extremely large countries should be split into smaller countries that can actually use flat currencies (or gold) without all of the potential for corruption.  This same sort of logic applies to our primate cousins. If a tribe of chimps gets too large, the group will split to relieve social tension.  This is a big part of why I support ideas like Cascadia.  Do you think there is a way for monetary systems to work in very large countries?"}
{"_id": "582521", "title": "", "text": "If I have a 200-300 mile range EV, then the only time I ever have to worry about the inconvenience of charging up is on a cross country trip.  For the other 50 weeks of the year, I don't require the convenience of a gas station, other than to buy beer."}
{"_id": "582537", "title": "", "text": "Just so everyone knows. A core model refers to a forecast of the Balance Sheet, income statement, and Statement of Cash Flows. From this you can solve for Free Cash Flow to Equity and solve for some more price values, like Sum of Parts."}
{"_id": "582551", "title": "", "text": "You cannot open an account in USA unless you have an address to provide to the bank in USA, You need ID, such as US Driver's License."}
{"_id": "582553", "title": "", "text": "Very rarely would an investor be happy with a 4% yield independent of anything else that might happen in the future. For example, if in 3 years for some reason or other inflation explodes and 30 year bond yields go up to 15% across the board, they would be kicking themselves for having locked it up for 30 years at 4%. However, if instead of doing that the investor put their money in a 3 year bond at 3% say, they would have the opportunity to reinvest in the new rate environment, which might offer higher or lower yields. This eventually leads fixed income investors to have a bond portfolio in which they manage the average maturity of their bond portfolio to be somewhere between the two extremes of investing it all in super short term/ low yield money market rates vs. super long term bonds. As they constantly monitor and manage their maturing investments, it inevitably leads them to managing interest rate risk as they decide where to reinvest their incremental coupons by looking at the shape of the yield curve at the time and determining what kind of risk/reward tradeoffs they would have to make."}
{"_id": "582562", "title": "", "text": "Your broker should be able to answer this. Many brokers will buy it from you for the cost of a commission, if there's no legit buyer."}
{"_id": "582571", "title": "", "text": "\"You're confusing so many things at once here...... First thing first: we cannot suggest you what to do business-wise since we have no idea about your business. How on Earth can anyone know if you should sell the software to someone or try to distribute to customers yourself? How would we know if you should hire employees or not? If you say you don't need employees - why would you consider hiring them? If you say you want to sell several copies and have your own customers - why would you ask if you should sell your code to someone else? Doesn't make sense. Now to some more specific issues: I heard sole proprietary companies doesn't earn more than 250k and   it's better to switch to corporation or LLC etc. because of benefits. I heard it was snowing today in Honolulu. So you heard things. It doesn't make them true, or relevant to you. There's no earning limit above which you should incorporate. You can be sole proprietor and make millions, and you can incorporate for a $10K/year revenue business. Sole proprietorship, incorporation (can be C-Corp or S-Corp), or LLC - these are four different types of legal entity to conduct business. Each has its own set of benefits and drawbacks, and you must understand which one suits you in your particular situation. For that you should talk to a lawyer who could help you understand what liability protection you might need, and to a tax adviser (EA/CPA licensed in your state) who can help you understand the tax-related costs and benefits of each choice. On the other hand I heard that if I create LLC company, in case of   failure, they can get EVERYTHING from me, what's this all about? No. This is not true. Who are \"\"they\"\", how do you define \"\"failure\"\", and why would they get anything from you at all? Even without knowing all that, your understanding is wrong, because the \"\"LL\"\" in LLC stands for LIMITED liability. The whole point of forming LLC or Corporation is to limit your own personal liability. But mere incorporation or forming LLC doesn't necessarily mean your liability is limited. Your State law defines what you must do for that limited liability protection, and that includes proper ways to run your business. Again - talk to your lawyer and your tax adviser about what it means to you. I'm totally unfamiliar with everything related to   taxes/companies/LLC/corporation etc Familiarize yourself. No-one is going to do it for you. Start reading, ask specific questions on specific issues, and get a proper legal and tax advice from licensed professionals.\""}
{"_id": "582592", "title": "", "text": "Thanks for the insight. You kind of confirmed my thoughts on it as well. I will most likely pursue it until the possibility of a job offer, which in the least, I can use to leverage a possible job offer in the supply chain team with my boss."}
{"_id": "582607", "title": "", "text": "\"They stated *ebooks* are only 1% of their revenue. Amazon is responsible for 65% of *all* online new book sales, print included. Amazon and Hachette's disagreement on ebook pricing *shouldn't* affect the sales of Hachette's *print* books available on the site, but Amazon is increasing ship times, removing the ability to pre-order books, raised the prices of existing books, and lowering the chances that Hachette's book show up in their \"\"you might also like\"\" section. ([source](http://theverge.com/2014/8/9/5985901/amazon-hachette-contract-dispute-storystream))  I guess those changes might not add up to *half* of Hachette's revenue (I was mistakenly remembering [when Amazon removed the \"\"buy\"\" button from Macmillon's books in 2010](http://www.nytimes.com/2010/01/30/technology/30amazon.html) because of a similar dispute over ebook pricing), but you can bet their attempts to decrease Hachette's print book's availability, accessibility, and visibility on their site is having a very significant effect on their income.  Again, Amazon is decreasing the availability of a publisher's *print* books because of a dispute over *ebook* pricing. That's nuts.\""}
{"_id": "582623", "title": "", "text": "Hi! This is just a friendly reminder letting you know that you should type it as `\u00af\\\\\\_(\u30c4)_/\u00af` to format it correctly.  A backslash on reddit is used as an escape character, meaning that it can be used to make special characters, such as underscores and other backslashes ignore the formatting that they do to other characters on Reddit, and instead display them literally.  ---  *^I ^am ^a ^bot. ^If ^I ^have ^done ^something ^wrong, ^please ^message ^my ^owner, ^[John_Yuki](https://www.reddit.com/user/John_Yuki/).*"}
{"_id": "582626", "title": "", "text": "The Muscat Overseas Group established over four decades ago, is committed to the growth and progress of our nation. As the Founder and Chairman of the Group, I have watched it grow, from humble beginnings into a force to be reckoned with. It is with a sense of pride and satisfaction that I look back on the years of vigorous effort and struggle."}
{"_id": "582627", "title": "", "text": "Every people has a dream to have own home. But they did not buy a home due to financial problem. So don\u2019t worry David Imer is a Mortgage Advisor which provide Mortgage finance at very low cost. For more visits:-"}
{"_id": "582636", "title": "", "text": "You can follow the intra-day NAV of an ETF, for instance SPY, by viewing its .IV (intra-day value) ticker which tracks it's value.   http://finance.yahoo.com/q?s=spy http://finance.yahoo.com/q?s=^SPY-IV Otherwise, each ETF provider will update their NAV after business each day on their own website. https://www.spdrs.com/product/fund.seam?ticker=spy"}
{"_id": "582646", "title": "", "text": "I'm sure you did. I'm pretty sure a hedge fund manager knew the underwriters couldn't short IPOs. No one would have been able to follow your advice because they wouldn't have been able to short it on day two either. You still don't get it."}
{"_id": "582650", "title": "", "text": "As of this moment the DOW 30 is up 6.92% Year-to-date. Of the 30 stocks in the index  6 are in negative territory for the year. And of the 6 in negative territory 3 are farther below 0 than the average is above 0. The investors in those 3 stocks (Boeing, Goldman Sachs and Nike) would look at this year so far as a disaster. Individual stocks can move in opposite directions from the index."}
{"_id": "582661", "title": "", "text": "Whenever Chipotle starts doing really well a random problem pops up.   It's not like they're the only ones using certain ingredient components or that their health and safety procedures are much different than any other fast food restaurant.   But you know who does have a lot to lose? Even larger fast food conglomerate who long ago gave up using whole foods for their products."}
{"_id": "582690", "title": "", "text": "\"I think you're missing the point. In terms of profit margin, the trucks actually pay a larger percentage of their gross in overhead - that is, their net is a larger proportion of their gross than it is, on average, for restaurants. They pay more for inspections, they pay for commissary services and many other things (and licenses and permits) than restaurants typically pay.  What you are proposing is a law that would also bar another brick and mortar restaurant - in your own words, one that \"\"sells the same product for cheaper due to the lack of overhead\"\" (say, for example, a chain fast-food restaurant).  Are you saying that new businesses shouldn't be allowed to open next door to established businesses of the same type? Or does your argument only apply to food trucks?  I am not a flag-waving libertarian or anything, but I don't think that choosing which types of business model to protect should be on the list of things that city governments should be doing - especially in the case of states like California and Texas, where the state vehicle code clearly states that the ONLY regulation a municipality may enact on otherwise-legal mobile vendor are rules that serve the public health and/or safety. Not competition.  Just because some people may not agree with you doesn't mean that they are either \"\"simple minded,\"\" or misread your point. I understand your argument very well - I just don't happen to agree with it. That doesn't mean I think you are \"\"simple minded,\"\" either; I just think you're a name-calling jerk.\""}
{"_id": "582697", "title": "", "text": "This depends on the terms and conditions of your IRA account, and those of the investments you have chosen. In general, you are better off investing as quickly as is feasible given those terms.  Money in your cash account doesn't earn much of a return, so the quicker you get money into something earning a return, the better. However, pay attention to the fees and costs associated with investing.  If there is a per-transaction fee, you may want to consolidate, as it may be more efficient to do so - after all, if you contribute $500 at a shot, and it costs you $5 to make a trade, you're paying 1% off the top to make that trade if you make 11 of them, versus 0.1% to make 1, so the question is do you earn that 1% back over the course of the six months?  That will depend on what you are investing in.   More than likely you're going to earn more than 1% over the course of the six months, so it's probably worth investing it in pieces still in that situation, but if the transaction cost is higher, or the time differential lower, you may have a less clear-cut answer.  I invest at Vanguard in their funds and have no transaction fees, so I have a more obvious answer (invest as soon as possible). You also need to consider whether you have minimums to pay attention to - maybe your investment is something you can only buy whole shares of, for example, or you might have a much higher fee if you make small transactions.  In that case, you should wait until you have the minimum to make that transaction if the fee is more than the return you'll get. So the answer is - make the transactions as early as you can, subject to considering the fees you will pay for making them."}
{"_id": "582708", "title": "", "text": "Some historical and mathematical insights as a complement to existing answers.  History. I found it astonishing that already in Ancient Roman they investigated the issue of perpetuity of 30'000 (almost). Columella writes in De re rustica (3, 3, 7\u201311.) in 1-st century AD about a perpetuity of 32480 sesterces principal under 6% p.a. resulting in 1950 sesterces annual payment. And  if  the  husbandman  would  enter  this  amount  as  a  debt  against his vineyards just as a moneylender does with a debtor,   so that the owner may realize the aforementioned six per cent. interest on that total as a perpetual annuity,  he  should  take  in  1950 sesterces every  year.   By  this  reckoning  the return on seven iugerum, even according to the opinion of Graecinus, exceeds the interest on 32'480 sesterces. Math. If we fix a scholarship at 1'000 a year, then it's clear that it could be paid out infinitely if we could achieve 3.33% p.a. on it.  On the other side, with 0% we'll spend out the endowment in 30 years. Thus, having the interest rate between 0% and 3.33% p.a. we could vary the life of endowment between 30 years and infinity. Just a few numbers in between: under 1%, it would be ~36 years, under 2% ~46 years, under 3% ~78 years (however, 1000$ in 78 years could be less than 10$ today). Conclusion: to keep it perpetual either the fund's yield must be at the level of scholarship, or re-adjust the amount of scholarship depending on fund achievement, or redefine the notion of perpetuity (like 50 years is approximately infinite for our purpose)."}
{"_id": "582727", "title": "", "text": "How is it more difficult? All you have to do if you are legit staying for at least 2 years is just get a cosigner. Also if they really did care, they would find all of us that did it, and collect the debt, and therefore it wouldn't be such a deterrence to give E2 guys visas. They would actually profit off it with the interests, lates fees, ect. They would WANT you to leave without paying. So if they dont care, whats the big deal?"}
{"_id": "582736", "title": "", "text": "In Australia the ATO can determine if you are considered a shareholder or a share trader. The ATO defines a shareholder as: A shareholder is a person who holds shares for the purpose of earning income from dividends and similar receipts. Whilst they define a share trader as: A share trader is a person who carries out business activities for the purpose of earning income from buying and selling shares. To find out the differences between them you can refer to the following link describing The difference between a share trader and a shareholder. The ATO also describes: To be classed as a share trader, you may be asked to provide evidence that demonstrates you are carrying on a business of share   trading, for example: the purchase of shares on a regular basis through a regular or routine method a trading plan  use of share trading techniques in managing your share acquisitions, such as decisions based on thorough analysis of relevant market   information a contingency plan in the event of a major shift in the market. Losses incurred in the business of share trading are treated the same   as any other losses from business. If your activities change from investor to trader, your investment changes from a CGT (capital gains tax) asset to trading stock. This can trigger CGT event for any investments you currently hold as they change from CGT assets to trading stock. Once you have changed over to a trader you will not be entitled to the 50% CGT discount for stocks held over 12 months. You will, however, be able to count any paper losses at the end of Financial Year to reduce your other income."}
{"_id": "582757", "title": "", "text": "There really cannot be a straightforward answer to this question. It all depends on what lengths you take to make the situation advantageous.  If you manage to have a constant flow of people living at the place during all of the times you are not living there, and manage to find a cleaning service for a reasonable price. Then yes, there is a chance that this could be advantageous for you.  If you are simply looking for a way to offset some of the costs of the place you aren't living at full time, then you need to draw a comparison between upkeep and how often you will actually have customers.  It is likely you will have down time, in which there will be no one staying at the house. Hiring a cleaning service will cut some of your profit, and depending on how much that profit is, it could be a pretty big cut. Now, not being an expert on taxes, I cannot say how this will impact those, but it is likely that you will have to pay taxes on money earned.  All this in mind, its a decision you will need to make taking all of the factors into consideration. Maybe give it a trial run, see if after one tenant you make any kind of reasonable profit in the end, and decide from there."}
{"_id": "582758", "title": "", "text": "The choices given are either leave after some reasonable hours or put in endless crunch time until you drop dead.  The reality, as usual, is between those extremes.  Most people are hired to get a job done.  That is likely to require some extra work, and if you really care about the job then that isn't really so bad and is not going to scale up to suicidal levels.    Crunch time as such is increasingly rare because the downsides are so glaringly obvious.  It generates inferior work and burns out critical assets.  At the same time there is no reason to believe that significant professional challenges will necessarily fit neatly into standardized work time arrangements.  Sometimes difficult problems come up and need to be handled or innovative products won't be released in time to make a difference in the marketplace."}
{"_id": "582761", "title": "", "text": "\"One way to possibly disambiguate it from a tip is to receive it outside of your service context.  If there really is a relationship, and they want to show appreciation or help you out financially, the \"\"gift\"\" could be given outside of the restaurant.   Otherwise, I agree that it seems like tax evasion.  The purpose of the money was to compensate for services rendered, which is income, not a gift. If it's just a random stranger, then I'd have a hard time arguing that the purpose was pure altruism versus socially-mandated tipping. Why can't I just have my employer just give me a \"\"gift\"\" every Christmas instead of a bonus?  Or just reduce by salary by $18k and give me a $1,500 \"\"gift\"\" every month?\""}
{"_id": "582795", "title": "", "text": "It might not make sense but sugar most readily goes into our glycogen stores in the muscles and have low efficiency to fat conversion (de novo lipogenesis).  Carbs alone do not contribute significantly to body fat:  http://ajcn.nutrition.org/content/74/6/707.full  &gt;Most experimental data in humans, however, contradict this view of the function of de novo lipogenesis. Initial studies in which indirect calorimetry was used showed little or no net de novo lipogenesis after short-term carbohydrate overfeeding (1). Subsequent isotopic studies confirmed the absence of quantitatively significant flux through hepatic de novo lipogenesis under most conditions of carbohydrate energy surplus (2,3).   https://www.ncbi.nlm.nih.gov/pubmed/11722954  &gt;CONCLUSION: De novo lipogenesis increases after overfeeding with glucose and sucrose to the same extent in lean and obese women but does not contribute greatly to total fat balance.  Now, if you're eating all the time, you will hardly burn off the fat you do have and consume all the time.  Also, a potato has 1% of it's calories from fat (and brocolli 8%), and potato chips will have 50%.  This is the problem.  Natural carbs, therefore, are not the problem.  Processed food is."}
{"_id": "582798", "title": "", "text": "Because I see it everyday where {some} poor blow their money on beer and cigarettes and scratch off lottery tickets  And heroine and hookers and .... we don\u2019t sell those things however, just see the results and have to deal with them."}
{"_id": "582822", "title": "", "text": "A statistical measurement is still more honest than no measurements at all. For economics we don't have a reference frame for the absolute truth. There is no way to judge the absolute accuracy of a theory. Given that, at least a theory that matches real observational data is more *real* than something that does not match observations.   And quantitative easing has been in many ways one of the largest economic experiments. There were competing theories on what it would do, and one thing was certain - monetary velocity is inversely related to wealth. Even Kansas was an experiment. Something was predicted by Gov. Brown back, and that something turned out to be wrong. In the light of observations, I find it astonishing to hold on to a theory whose predictions have just not panned out.  Monetary velocity may still be wrong, but on a relative scale of wrongness, it is still much less inaccurate than the Laffer curve."}
{"_id": "582823", "title": "", "text": "30billion is spent in venture capital and women only get 1.5 of that but what if men are seeking funding at a rate 30:1 compared to women. Then that statistic is much , much different and actually sounds fair.   The fact that there is no data for that when it is extremely relevant leads me to believe it is intentionally left out."}
{"_id": "582829", "title": "", "text": "This will not result in any finance charges: I wouldn't recommend cutting it quite so close, but as long as you pay the full balance as shown on each statement by the due date shown on that same statement, you won't incur a finance charge. Of course this only applies in the case of ordinary purchases that have a grace period."}
{"_id": "582831", "title": "", "text": "The questions what the price of the mechanisms would have been if there were several large scale manufacturers in the marketplace. Given that few people have bothered to try,it suggests that there is little opportunity to produce these mechanisms for a healthy profit and make them cheaper than swatch. However, the industry is probably a very conservative slow moving beast (little new technology impacting them in the last 50 years) and heavily brand focused, so it sounds very plausible to me that there has been a missing efficiency opportunity.   We'll certainly find out in the coming years."}
{"_id": "582856", "title": "", "text": "\"Lucky break, that is all. Not an inspirational story or \"\"hard work\"\".  There would be many many companies who get bogged down dealing with customers like \"\"bob\"\" leaving them unable to get out there and sell/grow the business.\""}
{"_id": "582864", "title": "", "text": "\"There are a couple of things that are missing from your estimate. In addition to your standard deduction, you also have a personal exemption of $4050.  So \"\"D\"\" in your calculation should be $6300 + $4050 = $10,350. As a self-employed individual, you need to pay both the employee and employer side of the Social Security and Medicare taxes.  Instead of 6.2% + 1.45%, you need to pay (6.2% + 1.45%) * 2 = 15.3% self-employment tax. In addition, there are some problems with your calculation. Q1i (Quarter 1 estimated income) should be your adjusted annual income divided by 4, not 3 (A/4). Likewise, you should estimate your quarterly tax by estimating your income for the whole year, then dividing by 4.  So Aft (Annual estimated federal tax) should be: Quarterly estimated federal tax would be: Qft = Aft / 4 Annual estimated self-employment tax is: Ase = 15.3% * A with the quarterly self-employment tax being one-fourth of that: Qse = Ase / 4 Self employment tax gets added on to your federal income tax.  So when you send in your quarterly payment using Form 1040-ES, you should send in Qft + Qse. The Form 1040-ES instructions (PDF) comes with the \"\"2016 Estimated Tax Worksheet\"\" that walks you through these calculations.\""}
{"_id": "582872", "title": "", "text": "\"From your original reply to me  &gt;Another typical redditor who doesn't even know the difference between a depository bank and an investment bank  I'm the \"\"typical redditor\"\" who doesn't know the difference between a depository bank and an investment bank. So, you dumb fuck, tell me. Which one is Citibank?  Also...  &gt;the CEO of a financial institution that was partly responsible for keeping the US economy from the shithole is a \"\"fucker\"\"  Those CEOs (including this prick) were responsible for it. CDOs and mortgage backed securities loaded with shit mortgages didn't just fucking emerge from thin air. The big banks created them and loved them because they made billions in fees from them, and they never stopped to evaluate either the individual risks of the products or the systemic risks in the system. They didn't care because they knew the taxpayers would pick up the tab. So pull your head out of your ass and unfuck yourself, you moron.  On the other hand, why don't you go the other way and completely fuck yourself. Since you can't even tell this typical redditor what type of bank Citibank is you're fucking worthless.\""}
{"_id": "582873", "title": "", "text": "\"The office = the entire floor or shared space. It's a common term used by Americans to describe their company as a whole. Ie; \"\"I have to be in the office  for meetings tomorrow, I can't work from home\"\"   No offices = personal private offices within \"\"the office\"\" (above). Ie; \"\"I have a corner office with a view which is nice for conducting private matters with new clients\"\"     Kinda confusing how they mean different things for the same word.\""}
{"_id": "582881", "title": "", "text": "\"I wasn't thinking in absolutes - that's specifically why I said \"\"barring unusual circumstances.\"\"   Being 6'6'' is **literally** an unusual circumstance (in airline customer heights).   In your case, upgrading to a seat that you can sit in with a \"\"normal\"\" level of comfort is so obviously appropriate that I'm surprised that you thought my comment, in the context of this post (which is predominantly centered on creature comforts rather than actual needs) was even applicable to you.  Frankly, I think that you should be automatically bumped up for free because economy seats are designed in a way that makes them physically unsuitable for very tall people - a deliberate choice by the airlines that imposes an additional burden on you through no fault of your own.   Though I'd be happiest if airlines would just design *all* seats to accommodate people 6'6\"\" tall. :)\""}
{"_id": "582899", "title": "", "text": "I would stick with your book, investopedia, and taking the practice tests until you score consistently above 90 percent.  I have seen this method as a reoccurring successful method used to pass the test from the research I have done.  Practice exams really help retain the information for test day so retake them over and over the day before your test."}
{"_id": "582908", "title": "", "text": "I'm not positive my answer is complete, but from information on my broker's website, the following fees apply to a US option trade (which I assume you're concerned with given fee in dollars and the mention of the Options Clearing Corporation): They have more detail for other countries -- see https://www.interactivebrokers.co.uk/en/index.php?f=commission&p=options1 for North America.  Use the sub-menu near the top of the page to pick Europe or Asia. The brokerage-charged commission for this broker is as low as $0.25 per contract with a $1.00 minimum.  Though I've been charged less than $1 to STO an options position, as well as less than $1 to BTC an options position, so not sure about that minimum. Regarding what I read as your overall underlying question (why are option fees so high), in my research this broker has one of the cheapest commission rates on options I've ever seen.  When I participate in certain discussions, I'm routinely told that these fees are unbelievable and that $5.95, $7.95, or even $9.95 are considered low fees.   I've heard this so much, and discussed commissions with enough people who've refused to switch brokers, that I conclude there just isn't enough competition to drive prices lower.  If most people won't switch brokers to go from $9.95 to $1 per trade, there simply isn't a reason to lower rates."}
{"_id": "582909", "title": "", "text": "Jew sponsorship is the way forward in politics, show business, and the media, why would mercantile operations be any different .. high profile acts Andy Warhol, Martin Luther King, and William F Buckley, were hands on in the 1963 killing, in Dallas Tx. of President John F Kennedy! [JFK Assassination Nutshell](http://www.dockersunion.net/vb/showthread.php?632-JFK-Assassination-Nutshell)  Branson's silence on the same issues, indicates his operations are similarly at the discretion of Jews .. he operates airlines, whence the entire world's airport security infrastructure, is in the hands of Mossad, the Israeli intelligence service!   The TSA screenings in the US, with groping, X Rays and full body scanners, came into being after a series of transparent hoaxes, involving an underwear bomb in one instance, and an alleged shoe bomb in another, and it don't need a loser to explain, that can not be good for business!  If ppl are driven away from air transport, because of the same invasive airport security measures, and because it is by now common knowledge, the entire world's air fleets civil and military,  are compromised by computer software, that enables planes to be taken over in flight,   And to be flown by ground operators .. witness numerous otherwise unexplained air crashes, and the hijacking and rerouting of planes, September 11, 2001, by Zionist terrorists, aided and abetted by American traitors in politics and the media!"}
{"_id": "582922", "title": "", "text": "You receive a 1099-misc for the value of the car. You claim that as income (even though you received goods rather than cash). When you sell the car, it would be much like selling any posession, and would cause no tax consequence unless the sale price was much different than the value... When you sell the car, you may have received more or less than the value of the car (likely less). If you sold it for more, then you might need to claim the additional money as income (perhaps short term capital gains). If you sold it for less, but to a friend or relative, then you might think you could claim a loss, but the tax collector would just claim that you had given them a gift, and attempt to collect the tax from them. Contest winners often have the frustration that they are taxed at the full value of the item(s) won, even though they would not value the item at that amount. And contest prizes often do not sell for the full value stated on the 1099, and often for much less. Marginal tax rates were higher prior to Reagan, and when a contest winner would sell an item for 80% of the value, they often paid most of the proceeds to taxes."}
{"_id": "582926", "title": "", "text": "\"Follow the money and youll find the bullshit right there.   To be fair as well, where does a \"\"drug addicted looser\"\" go to get help in the United States? What risks as a community do we then inherit by ignoring such situations?\""}
{"_id": "582928", "title": "", "text": "&gt;It's always been that way.  You are trying to bend the world around your own circumstances. That's not how it works.    Not my circumstances. The majority of people's circumstances. And that *is* how it works. At least that's the way it's supposed to in a democracy. But corporations like Goldman Sachs dedicate millions to lobbying every year, have 7 lobbyists for every 1 politician in Congress, and have people go on from their company to take government positions. Goldman is a parasite at its core: makes money on wall st to lobby Congress into making it more easy to make money on wall st and more effectively lobby to make it even easier to make money on wall st, rinse wash repeat ad infinitum. Goldman is a prime example as more Goldman former employees go on into government than any other financial instution, but they all play the same game and it's beyond naive to think that my 1 vote can ever compare to the influence that corporate motives have on my government. And you can tell by the political hierarchy that the more of your own constituents' interests you sacrifice in favor of corporate profit motives, the more successful you'll be. Compare the likes of Sanders, Warren, Ron &amp; Rand Paul, to the likes of McCain &amp; Kerry and my point becomes glaringly obvious: if you represent your contsituents' interests then you don't stand a chance of influencing the direction of the country, suck lobbyist dick and you'll become a central player in the federal government.  &gt;Everything is consolidating to be more efficient. With digital, robots, and globalization, markets have reduced the need for U.S. manufacturing ...and that's what a lot of small towns had going for them.  It's gone. Sitting around and wishing for the past to come back with something like the government to legislate it is wishful thinking.  &gt;I highlighted the solution: It's to move where the money is or is going.    I live in NYC, not some random farm town. However, even though it's home to a lot of rich people, most people are poor and have no social mobility. Social mobility cannot be the solution for lack of social mobility, you are clearly missing steps in your proposed solution. Like I said, it really highlights the severity of the issue much more than it offers any type of solution to it.  &gt;People get cranky when they have to give up a skill or trade (or hometown) they've spent 10, 20, 30 years in. I get it. I'm looking for ways to diversify my experience, even having a job in tech, because someday maybe it won't be here... or it'll be in India, China, Russia, the Philippines, Latin America, Bulgaria or any of the numerous countries where the labor is cheaper and the supply is higher.   Yes this is an option. Americans have an option of ignoring reality, refusing to pursue redistribution of wealth, and allowing inequality to drive America to third-world standards. The day Americans have better job opportunities in India, China, and Russia than they do in America is the day I'll be proven 100% right for claiming that the economic system America has cannot last.  &gt;It sucks, but it's also reality.  If your hope is in voting for some sort of legislative change, godspeed but it won't help.  Regulations will be issued and companies will push money to safe havens in Ireland, Liechtenstein, the Caymans, etc.. to avoid them.  They'll outsource more and layoff to compensate for the new expenses and generally find workarounds.  Nationalized businesses to compete with those corporations is clearly the only pragmatic solution. That's how Putin was able to restore sovereignty to Russia, and my suggestion to avoid dictatorial concentrations of power like has resulted there, is to make the companies owned by the people instead of by the government. The state is the people not the government, so true nationalization would give every citizen equity.  &gt;Add that to the rise of countries already benefiting from outsourcing and globalization... maybe the US market isn't so important in 20-30 years.  Gives the government even less leverage on corporations.  All the mega-corporations that started in America are becoming so large and influential that they outmatch any government on earth in terms of influence on the direction of global development. They are becoming international entities with no loyalties to any country, and have the sole motivation of maximum profit. This a parasitic infestation that has no moral sense of acquiring that profit and thus will continue to do so in a way that drives increasing inequality. The only potential solution is to restore economic sovereignty.   For more info on what I'm getting at you can read this paper:   &gt;[Abstract: In this paper we analyze one aspect of the standard thesis that **the globalization process leads towards desovereignization**. For the purposes of this paper we have adopted a narrow definition of globalization as a process of global expansion of capital, primarily financial. The classic design of sovereignty of a nation state is compromised due to the proliferation of capital, and **states are becoming less able to resist the power of multinational corporations, both in terms of taking over resources and imposing political decisions.** This fact raises the question of the subject of sovereignty: whether governments represent the interests of citizens (people) who, as the source of sovereignty, transfer the executive power to the government or governments must adjust to the interests of anonymous centres of economic power. If the latter is the case, then we obviously encounter a new kind of sovereignty: economic sovereignty.] (https://www.google.com/url?sa=t&amp;source=web&amp;rct=j&amp;url=http://iises.net/proceedings/12th-international-academic-conference-prague/table-of-content/detail%3Fcid%3D7%26iid%3D121%26rid%3D1305&amp;ved=0ahUKEwi7_dPu2sXVAhWf2YMKHZPhCdMQFgglMAE&amp;usg=AFQjCNG2lHwzJt92HZascT-V7fovnXyWmQ)"}
{"_id": "582933", "title": "", "text": "\"Curiosity:  Are \"\"heavy packages\"\" things I order from Amazon, or the sort of things like shrinkwrapped pallets that get delivered to Best Buy?  'Cause if it's the Amazon thing, USPS is almost always faster than the other guys (esp. Ontrac, who can't be bothered to deliver packages at all, let alone on time).\""}
{"_id": "582955", "title": "", "text": "\"90% sounds like \"\"principal place of business\"\" but check these IRS resources to make sure.\""}
{"_id": "583010", "title": "", "text": "I think the key here is 'at any age'. Yes it's not surprising that for demographics who have been in the workforce for a while, $100k won't get you near the top (i.e. Ages 30+).   However, what can be surprising is that even at age 25, $100k isn't enough to get you in the top 1%. So what more of the masses that don't earn anywhere near that number?"}
{"_id": "583040", "title": "", "text": "The short answer is that you can use student loans for living expenses.  Joe provides a nice taxonomy of loans.  I would just add that some loans are not only guaranteed, but also subsidized.  Essentially the Government buys down the rate of the loan. The mechanics are that a financial aid package might consist of grants, work study (job), subsidized, and guaranteed loans.  One can turn down one or more of the elements of the package.  All will be limited in some form. The work study will have a maximum number of hours and generally has low pay.  Many find better deals working in the businesses surrounding the college or starting their own services type business.  The grants rarely cover the full cost of tuition and books.  The loans will both be limited in amount.  It mainly depends on what you qualify for, and generally speaking the lower the income the more aid one qualifies for. Now some students use all their grant, all their loan money and buy things that are not necessary.  For example are you going to live in the $450/month dorm, or the new fancy apartments that are running $800/month?  Are you going to use the student loan money to buy a car?  Will it be a new BMW or a 8 year old Camary? I see this first hand as I live near a large university.  The pubs are filled with college students, not working, but drinking and eating every night.  Many of them drive very fancy cars. The most onerous example of this is students at the military academies.  Attendees have their books and tuition completely paid for.  They also receive a stipend, and more money can be earned over the summer.  They also all qualify for a 35K student loan in their junior year.  Just about every kid, takes this loan.  Most of those use the money to buy a car.  I know a young lady who did exactly that, and so did many of her friends. So kids with a starting pay of 45K also start life with a 35K.  Buying a nice car in the military is especially silly as they cannot drive it while deployed and they are very likely to be deployed.  At least, however, they are guaranteed a starting job with a nice starting pay, and upward potential. College kids who behave similarly might not have it as good.  Will they even find work?  Will the job have the ability to move up?  How much security is in the job?  One might say that this does not apply to engineers and such, but I am working with a fellow with a computer science degree who cannot find a job and has not worked in the past 6 months.  This even though the market is super hot right now for computer engineers. So, in a word, be very careful what you borrow."}
{"_id": "583045", "title": "", "text": "\"Lobbyists aren't the problem, the legislators are the problem.  \"\"I excluded all the special interests and lobbyists for a sound reason.   They have no legal authority. They have no ability to coerce a senator, a congressman, or a president to do one cotton-picking thing. I don't care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's responsibility to determine how he votes.\"\"  [545 People](http://www.rense.com/general89/545.htm)\""}
{"_id": "583062", "title": "", "text": "\"Emotion aside, you can calculate the cost of the funds you have tied up at the bank.  If I can earn 5% in a CD, my \"\"free\"\" checking with minimum $5000 balance really costs me $250/yr. You have money tied up, I understand, but where would you place it otherwise, and at what return?  The subject of frequent trading even at zero cost is worth addressing, but not the real subject of your question. So, I'll leave it for elsewhere.\""}
{"_id": "583080", "title": "", "text": "As yet another explanation of why it does not really matter, you can look at this from the valuation point of view. Stock price is the present value of its future cash flows (be it free cash flow of the firm or dividends, depending on the model). Let's have a look at the dividends case. Imagine, the price of the stock is based on only three dividends streams $5 dollars each: dividend to be paid today, in year 1, and in year 2. Each should be discounted back to today (say, at 10%), except today's dividend, since today is now.  Once that dividend is paid, it is no longer in the stream of cash flows. So if we just delete that first $5 from the formula, the price will adjust itself down by the amount of the dividend to $8.68. NOTE that this is a very simple example, since in reality cash flows streams are arguably infinite and because there are many other factors affecting stock price. But simply for your understanding, this example should provide you with the reason simply from the valuation perspective."}
{"_id": "583084", "title": "", "text": "If that means keeping your job a year or two more, I can see most truckers taking that bargain to side with Walmart so.  Amazon and their delivery drones certainly won't be loyal to truckers anyway.  You can trust incompetency (comparatively) won't change over night and backstab you at least"}
{"_id": "583087", "title": "", "text": "If that is actually true, that wasn't because of lack of technical know how. Amelio started out as a Bell Labs researcher and was more than a bit familiar with computers, having spent his whole career in the semiconductor business."}
{"_id": "583094", "title": "", "text": "**Here's a sneak peek of /r/Kayaking using the [top posts](https://np.reddit.com/r/Kayaking/top/?sort=top&amp;t=year) of the year!**  \\#1: [I know it's a canoe, but come on. 14km ride down Maligne Lake, Jasper, Alberta.](https://i.redd.it/apssqt3hzjaz.jpg) | [24 comments](https://np.reddit.com/r/Kayaking/comments/6o8j8f/i_know_its_a_canoe_but_come_on_14km_ride_down/)   \\#2: [Here's a photo of the last trip me and the misses went on](https://i.redd.it/nevqnbr00hwy.jpg) | [49 comments](https://np.reddit.com/r/Kayaking/comments/6a55i9/heres_a_photo_of_the_last_trip_me_and_the_misses/)   \\#3: [Saw a pair of wolves from my boat today. North of Tofino, BC.](https://i.redd.it/v3w6ng3jjzoy.jpg) | [13 comments](https://np.reddit.com/r/Kayaking/comments/62ujcw/saw_a_pair_of_wolves_from_my_boat_today_north_of/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "583115", "title": "", "text": "Yeah, I don't really get the appeal. I've visited three different    locations a total of a dozen times and tried their chicken sandwiches and fries;  they don't seem to be particularly special.  What I did notice, though, was that their customer service was consistently more pleasant than at other fast food places."}
{"_id": "583124", "title": "", "text": "Sales and operating revenue (\u201cSales\u201d) decreased by 6.2% compared to the previous fiscal year (\u201cyear-on-year\u201d) to 7,603.3 billion yen (67,886 million U.S. dollars). This decrease was mainly due to the impact of foreign exchange rates. On a constant currency basis, sales were essentially flat year-on-year, due to significant increases in Game &amp; Network Services (\u201cG&amp;NS\u201d) and Semiconductors segment sales, substantially offset by a significant decrease in Mobile Communications (\u201cMC\u201d) segment sales. For further details about the impact of foreign exchange rates fluctuations on sales and operating income (loss), see Notes on page 11"}
{"_id": "583138", "title": "", "text": "The EITC is not binary - its not something you have or don't have. Thats like saying we *have* minimum wage so we don't *need* to raise it.  We have a limited version of the EITC. It could be vastly expanded and paid monthly for starters."}
{"_id": "583139", "title": "", "text": "I'll be upfront with the fact that I don't personally like unions. That being said, I can see JaZepi's argument here, so I'll explain it with the usual caveat that I might be misunderstanding, and am not trying to assert that this is exactly what JaZepi meant.  Unions aren't only effective when a job can't be done elsewhere. Picket lines give a company a black eye. Unions get news time, and can join together to spend real money on advertising in some cases."}
{"_id": "583142", "title": "", "text": "Closing a credit card decreases your total available balance, which can have a small negative effect if that credit card is a significant portion of your available credit.  If it is not, then it likely will have little impact on your credit in that department. However, the case you explained - get a card, use it for a short while, then dump it - won't have much long-term impact to your available credit, since you will end up with the same amount as you started. The second factor will be the average age of accounts.  This will affect you both in the short and long term, if you've had accounts open for a fairly long time, but won't impact you much if your credit history is fairly short.  Even closed accounts affect the Average Age of Accounts for FICO scores (but not for some other scoring methods such as VantageScore).  If you have only one other account, and it was 10 years old, then opening and closing this decreases your average age of accounts from 10 to 5 years - a significant hit which will not go away for years (10+ years in some cases, though usually 7 years).  This will lower your score some.  If you have had a lot of accounts, though (including things like mortgage, student loan, etc.), this won't have as significant of an impact, and if you had a short history in the first place, it won't hurt you much either. The third factor will be the hard credit pull.  That will have a small negative impact for around six months; so don't do this just before getting a mortgage, but mostly this won't be a significant impactor for you."}
{"_id": "583144", "title": "", "text": "&gt; The food isn't an afterthought, it's the main reason you're there. If it's terrible, there's no reason to go back  Clearly the food quality is not of the highest priority to people who dine at these places. Maybe they just need a place to hang out with friends and not drop a load of $?"}
{"_id": "583159", "title": "", "text": "And k cups brews fresh coffee. This would be like if k cups we full of pre brewed coffee and just dumbs it in the cup. How the hell did this get funding. It's like VC don't actually look at what they invest in"}
{"_id": "583165", "title": "", "text": "\"It is called \"\"Opportunity Cost.\"\"   Opportunity cost is the value you lose because of a decision you made.   This is the book definition from Investopedia. The difference in return between a chosen investment and one that is necessarily passed up. Say you invest in a stock and it returns a paltry 2% over the year. In placing your money in the stock, you gave up the opportunity of another investment - say, a risk-free government bond yielding 6%. In this situation, your opportunity costs are 4% (6% - 2%).\""}
{"_id": "583167", "title": "", "text": "Yeah, very true. The income and wealth inequality in the US really is something else... You know, some people sure do deserve compensation for all they do - but not to the point of crippling the rest of the population, in my honest opinion."}
{"_id": "583175", "title": "", "text": "And it'll be a big issue again when our current housing bubble bursts. Housing is even more expensive now than it was in 2008 before the crash, that just means people have even more equity to borrow against and end up underwater.   Our next real estate crash is going to be much worse than 2008's."}
{"_id": "583176", "title": "", "text": "Sacrifices the union made to keep a health plan for PART TIME EMPLOYEES. This author is a self righteous fucking blowhard. Try working for minimum wage, 40 hours a week with no benefits like millions of others you prick."}
{"_id": "583180", "title": "", "text": "I'm 43 and I can say that Buffalo Wild Wings needs to die.  Seriously though. This is the younger generation simply refusing to be force-fed the bullshit that comprises 90% of our society.  I think it's a good thing."}
{"_id": "583181", "title": "", "text": "&gt; They think they know about things they have no idea about.  I know literally dozens of people who work at Boeing, as about a quarter of my friends from high school ended up being employed there. None of them spent any time in college or have any credentials beyond being a high school graduate."}
{"_id": "583194", "title": "", "text": "Home Painters Vancouver: Noted painter Francis Davis Millet invented spray painting while working under tight deadlines to complete construction of the 1892 World's Columbian Exposition.  Our home painters in Vancouver may use this tactic if they\u2019re painting with a certain product, or covering an uneven surface."}
{"_id": "583200", "title": "", "text": "There are three common options for you:"}
{"_id": "583203", "title": "", "text": "You did something that you shouldn't have done; you bought a dividend.  Most mutual fund companies have educational materials on their sites that recommend against making new investments in mutual funds in the last two months of the year because most mutual funds distribute their earnings (dividends, capital gains etc) to their shareholders in December, and the share price of the funds goes down in the amount of the per share distribution. These distributions can be taken  in cash or can be re-invested in the fund; you most likely chose the latter  option (it is often the default choice if you ignored all this because you are a newbie). For those who choose to reinvest, the number of shares in the mutual fund increases, but since the price of the shares has decreased, the net amount remains the same. You own more shares at a lower price than the day before when the price was higher but the total value of your account is the same (ignoring normal market fluctuations in the price of the actual stocks held by the fund. Regardless of whether you take the distributions as cash or re-invest in the fund, that money is taxable income to you (unless the fund is owned inside a 401k or IRA or other tax-deferred investment program).  You bought 56 shares at a price of $17.857 per share (net cost $1000). The fund distributed its earnings shortly thereafter and gave you 71.333-56= 15.333 additional shares. The new share price is $14.11. So, the total value of your investment is $1012, but the amount that you have invested in the account is the original $1000 plus the amount of the distribution which is (roughly) $14.11 x 15.333 = $216.  Your total investment of $1216 is now worth $1012 only, and so you have actually lost money. Besides, you owe income tax on that $216 dividend that you received.  Do you see why the mutual fund companies recommend against making new investments late in the year?  If you had waited till after the mutual fund had made its distribution, you could have bought $1000/14.11 = 70.871 shares and wouldn't have owed tax on that distribution that you just bought by making the investment just before the distribution was made. See also my answer to this recent question about investing in mutual funds."}
{"_id": "583230", "title": "", "text": "In a traditional IRA (or 401k or equivalent), income tax is not taken on the money when it is deposited or when dividends are reinvested, but money you take out (after you can do do without penalty) is taxed as if it were ordinary income. (I believe that's true; I don't think you get to take the long-term investment rate.) Note that Roth is the opposite: you pay income tax up front before putting money into the retirement account, but you will eventually withdraw without paying any additional  tax at that time. Unlike normal investments, neither of these requires tracking the details to know how much tax to pay. There are no taxes due on the reinvested dividends, and you don't need to track cost basis."}
{"_id": "583234", "title": "", "text": "It is. The outstanding value is the net cash flow, but it will always be higher than cash outflow due to a constant growth rate/expected return. I was slightly confused when my manager told me to find the IRR before and after cash inflows (the whole life of the investment). Especially as IRR after cash inflows is higher than the former."}
{"_id": "583245", "title": "", "text": "If the income is more than the value on the 1099-MISC - then yes. Depending on how long you've held the car, the difference would be short term/long term capital gain. You cannot deduct loss, though, since it is a personal property and not investment."}
{"_id": "583250", "title": "", "text": "They also embraced y2k, acid rain, swine flu and many more. They will stay current with what ever the trend is to avoid the backlash. For example gay issues, 3% are gay but they embrace it, 3% of the population isn't going to make a huge difference but the press can and will make it one."}
{"_id": "583262", "title": "", "text": "The fundamental underlying difference between a bank and a Ponzi scheme: When a bank lends money and charges interest, people can do things with that borrowed money which are worth it. (Building factories, starting businesses, or just enjoying the comfort and warmth of a single-family home instead of paying rent). This is why fractional-reserve banking is able to work. People may also do things which do not necessarily turn a financial profit (financing large purchases on a credit card) but are worth it in terms of an expenditure. They may also do stupid things (financing useless purchases on a credit card and wasting their money) or otherwise dispose of the money poorly (the new business fails, the home's value plummets, etc). A Ponzi scheme never really bothered to do useful things with the money. Social Security has been mentioned. Part of social security's setup involves the current population of workers paying the current population of retirees; their own retirements will have to be financed by the next generation. This design is not intrinsically a Ponzi scheme: both the population and the economy ought to remain growing for the intermediate future, so there will be at least as much money (and probably much more) for them to pay those bills. Unlike a Ponzi scheme, the idea that it will continue to attract new money to pay out existing claims is a realistic one. The real questions of its sustainability are a matter of specifics: is it collecting enough money to remain functional in the future, or is it outpacing the growth of the economy and the population?"}
{"_id": "583268", "title": "", "text": "\"&lt;span style=\"\"background-color: white; color: #666666; font-family: sans-serif; font-size: 12.768px;\"\"&gt;Gmiexpress adalah &lt;a href=\"\"http://gmiexpress.com/\"\"&gt;Prediksi Togel online&lt;/a&gt; yang sangat akurat dan tempat berbagi prediksi sesama prediktor, akan tetapi kami lebih menganjurkan menggunakan utama prediksi sendiri, jika tetap ingin menggunakan &lt;a href=\"\"http://gmiexpress.com/\"\"&gt;Prediksi Togel&lt;/a&gt; dari kami, kami tidak menjamin akan pasti menang&lt;/span&gt;\""}
{"_id": "583269", "title": "", "text": "It depends on what you paid for, but usually audit support is an unrelated engagement to the return preparation. If the accountant made a professional mistake, you can request correction and compensation from that accountant, other than that any accountant can help you with audit regardless of who prepared the return. The original accountant would probably be better informed about why you reported each number on the return and how it was calculated, but if you kept all the docs, it can be recalculated again. That's what happens in the audit anyway."}
{"_id": "583281", "title": "", "text": "\"I agree... sort of.  Invoking the Nazis is usually silly, and the comparison unfounded, adding nothing to the conversation.  Whereas determinism (with noise) is perfectly founded.  Unfortunately, it only ever adds one thing to the conversation.  \"\"Your ideas about blame, praise, and responsibility are based on feelings rather than physics.  They are subjective claims, which may be argued in exactly the same way people argue about musical preferences.\"\"\""}
{"_id": "583283", "title": "", "text": "@mbhunter and @JoeTaxpayer have given good advice. Were I in your situation, the only thing I might do differently is put whatever amount of cash not needed for emergencies in a money market fund with check-writing privileges and/or a debit card.  The rate on the account has at least some chance of preserving the value of your principal, and it will be easier to put your money into investments as soon as you're ready.  This sort of account is offered by any number of brokerages and financial companies, so pick one you trust and start there."}
{"_id": "583285", "title": "", "text": "The way the world gained all its wealth is by innovation driven by the pursuit of profit/higher standard of living. If you remove that incentive then we will no longer keep progressing. That's why socialism always fails - you eventually run out of other people's money and innovation halts."}
{"_id": "583289", "title": "", "text": "Jesus Christ, man. What is your obsession with the election? YOU are the one who brought Hillary up.   Since it's apparently relevant, I am not a fan of Hillary at all. Gun to my head, I would say that I believe she would have done a slightly less shitty job than Trump is. The fact that i don't like one candidate doesn't mean I particularly like the other. A person's opinion of both can be mutually exclusive.   I don't understand why you're so fixated on the fact that he won the election. Is it maybe because you can't think of a single specific thing that your boy has done that has actually had a quantifiable positive impact on anything, other than the vague buzz words that you Trump folk are famous for parroting?"}
{"_id": "583304", "title": "", "text": "Yeah sorry I didn't actually read the entirety of your text as carefully as I should have. I absolutely see where I jumped to the conclusion and obfuscated your point. Sorry bout that. I just saw you hadn't mentioned leveraging and all too quickly hit the reply button. Good day to you!"}
{"_id": "583321", "title": "", "text": "\"You should dispute the transaction with the credit card. Describe the story and attach the cash payment receipt, and dispute it as a duplicate charge. There will be no impact on your score, but if you don't have the cash receipt or any other proof of the alternative payment - it's your word against the merchant, and he has proof that you actually used your card there. So worst case - you just paid twice. If you dispute the charge and it is accepted - the merchant will pay a penalty. If it is not accepted - you may pay the penalty (on top of the original charge, depending on your credit card issuer - some charge for \"\"frivolous\"\" charge backs). It will take several more years for either the European merchants to learn how to deal with the US half-baked chip cards, or the American banks to start issue proper chip-and-PIN card as everywhere else. Either way, until then - if the merchant doesn't know how to handle signatures with the American credit cards - just don't use them. Pay cash. Given the controversy in the comments - my intention was not to say \"\"no, don't talk to the merchant\"\". From the description of the situation it didn't strike me as the merchant would even bother to consider the situation. A less than honest merchant knows that you have no leverage, and since you're a tourist and will probably not be returning there anyway - what's the worst you can do to them? A bad yelp review? You can definitely get in touch with the merchant and ask for a refund, but I would not expect much to come out from that.\""}
{"_id": "583322", "title": "", "text": "The problem, really, is Amazon generally delivers better pricing AND better service on top of a better experience.  No club cards, nothing clogging your mailbox, no chip and signature getting beeped at bullshit, no super narrow aisles full of double-wides asses you can't get around, no shopping car that rides like it's a modded impala on Hydros, no going to multiple stores to get a decent price on things.  Eff all that."}
{"_id": "583330", "title": "", "text": "I think you hit it on the head.  Childhood perception does not mesh with adult reality.  A few years after I'd gotten back into Lego as an adult I was visiting my parents and dug out my childhood collection.  I was shocked how small it was.  I built *worlds* with that collection, but I doubt it was even 2000 pieces.  As an adult I bought more Lego in one purchase than I'd had my entire childhood."}
{"_id": "583337", "title": "", "text": "Most of the gold prices at international markets are USD denominated. Hence the prices would be same in international markets where large players are buying and selling. However this does not mean that the prices to the individuals in local markets is same. The difference is due to multiple things like cost of physical delivery, warehousing, local taxation, conversion of Local currency to USD etc. So in essence the price of Gold is similar to price of Crude Oil. The price of Oil is more or less same on all the markets exchanges, though there is small difference this is because of the cost of delivery/shipment which is borne by the buyer. However the cost of Oil to retail individual varies from country to country."}
{"_id": "583345", "title": "", "text": "Do you satisfy the necessary criteria listed there? Then why not?... It sounds like you do."}
{"_id": "583354", "title": "", "text": "Didn't happen for compusa or circuit city. Online has the reviews and verified purchase reviews and YouTube videos of some shmuck unboxing and using items. There is just no need for knowledgeable sales people and physical locations. Typing a product into Google can give you more information than some guy working a sales gig."}
{"_id": "583359", "title": "", "text": "A bank or credit card agency can deny your application for pretty much any reason. That said, it's extremely unlikely they'd do so for a secured credit card. This is because the credit is secured. If your sister is to get a card with, say, a $1000 limit, she will have to provide $1000 in security. This means the banks risk practically nothing. That said, I have found one reference that claims you need a score of above 600 to qualify for a secured credit card, though this is hard to believe. Secured credit cards are a reasonable way of building your credit back up. Just about the only other way for her credit rating to improve is for her history of bad debt to fall off the credit report, but that's going to take quite some time. She should be working hard to provide positive credit history to replace the old negative history, assuming her credit rating is important to her. It may not be; it's only important if she plans on taking on debt in the future. Honestly, a credit rating of around 500 is so bad that I wouldn't even worry much about lowering it. It's already low enough as to make it all but impossible to qualify for (unsecured) credit or loans. A single denial is unlikely to significantly affect the score, except in the very short term. With two bankruptcies, I encourage credit counselling for your sister. There are a number of good books available, too. Credit counselling should go into detail on credit scores, unsecured credit, proper budgeting, and all that sort of useful information."}
{"_id": "583371", "title": "", "text": "I would assume that under a certain threshold, HMRC doesn't even want to hear from you, because extracting taxes from you costs them more money than you are going to pay. On the other hand, I cannot find anything written about that subject.  I'd suggest to call them at 0300 200 3300 and ask them. Have the annual cost of the server ready, and tell them that you will stop asking for donations if say 6 months of cost is covered. There may be an official threshold that I was unable to find.  Obviously if you receive \u00a31000 in donations and spend \u00a3100 for the server, they will want tax payment. If its \u00a3110 in donations and \u00a3100 for the server, they will likely not care. If they tell you to register as self-employed, it's not difficult, just a bit of a pain. In that case you'd have to pay tax on your income (donations) minus cost (cost for the server and any other cost)."}
{"_id": "583378", "title": "", "text": "There's a lot of hype about HFT. It involves computers doing things that people don't really understand and making a bunch of rich guys a bunch of money, and there was a crisis and so we hate rich wall street guys this year, and so it's a hot-button issue. Meh. There's some reason for concern about the safety of the markets, but I think there's also a lot more of people trying to sell you a newspaper. Remember that while HFT may mean there are a lot of trades, the buying and the selling add up to the same thing. Meanwhile, people who buy stock to hold on to it for significant periods of time will still affect the quantity of stock out there on the market, applying pressure to the price, buying and selling at the prices that they think the security is worth.  As a result, it's unlikely that high-frequency trading moves the stock price very far from the price that the rest of the market would determine for very long; if it did, the lower-frequency traders could take advantage of it, buying if it's too low and selling if it's too high. How long do you plan to hold a stock? If you're trying to do day-trading, you might have some trouble; these people are competing with you to do the same thing, and have significant resources at their disposal. If you're holding onto your stock for years on end (like you probably should be doing with most stock) then a trivial premium or discount on the price probably isn't going to be a big deal for you."}
{"_id": "583396", "title": "", "text": "Some part of the payment is probably also going for tax escrow, insurance payments, probably PMI if you aren't  putting at least 20% down. Get a complete breakdown of the costs. Remember to budget for upkeep. And please see past discussion of why buying a home at this point in your career/life may be very, very premature."}
{"_id": "583398", "title": "", "text": "They have been changing over Immelts tenor. Didn't know he was stepping down though.       Share buybacks can be for a variety of reasons. They feel stock price is undervalued, they want to support their current shareholders, debt is cheap so they can change their wacc, they prefer to return capital in a way that does not increase expected dividends in the future (something about dividends being sticky, and the a cut in dividends Make it look like company is doing bad), etc."}
{"_id": "583403", "title": "", "text": "Insiders are prevented from buying or selling shares except at certain periods right after information is disclosed publicly. But. People have bills to pay and kids to put through college and whatnot. So an insider can set up a plan where shares are sold on a specific schedule and they have no control over number of shares or timing. These plans (covered under rule 10b5-1) allow insiders to generate cash flow without immoderately benefiting from their inside information. Sales under these plans can mostly be ignored when trying to figure out the fortunes of a company from insider trades."}
{"_id": "583405", "title": "", "text": "Remember when you ran your mouth off on the internet because there were no lasting repercussions, but were too much of a coward to carry that bravado over into the real world? Come body me man. I mean, I don't have a problem having a problem. You feel me?"}
{"_id": "583411", "title": "", "text": "If you're in the UK, there's a free service here that lets you trace lost bank accounts. If you're in a different country, try Googling to see if that country has a similar service."}
{"_id": "583427", "title": "", "text": "From India Point of view; someone may put the US point of view ... As an NRI you are not supposed to hold an Ordinary Demat Account. Please have this converted to NRO NON-PINS ASAP. Related Question Indian Demat account If the shares were purchased before 1-Oct-2004, they are liable for Long Term Capital Gains tax in India."}
{"_id": "583455", "title": "", "text": "Seems to have an economic miracle considering 10-20 years ago, China was really really poor and now we have tons of international students driving Lamborghinis coming from China. Not sure how much that is worth but that's my 2 cents."}
{"_id": "583464", "title": "", "text": "The same can be done in the USA depending on what city and how richly someone wants to live.  I went to a fine public school in suburban US and I walked to school just a few blocks, free, as are all public schools.  As for medical bills and your best friends mother, it is also not expensive to die of cancer in the USA!  But, you did not tell me how big of an apartment can be had in Lisbon for a minimum wage worker spending less than 30% of his income, nor how big is a 2 bedroom apartment there."}
{"_id": "583481", "title": "", "text": "In the UK (similar laws exist throughout Europe, see European Consumer Rights Directive), you have the right to return for a refund for any goods that are bought off-premises for 14 days after delivery. http://www.which.co.uk/consumer-rights/regulation/consumer-contracts-regulations I understand that consumer protections in the USA are not as strong though."}
{"_id": "583486", "title": "", "text": "Please do give an example that offers 50% returns. If it is rigged and you are successful, then are you not suggesting that you are personally involved with the rigging?   I mean, I'd love to believe you, but your cringe worthy writing makes me doubt that you're such a high level player."}
{"_id": "583490", "title": "", "text": "You are correct that the price fixed when the contract is made is set and maybe there are a few institutions that don't actually bother to track the future after they initiate the contract.  But most parties likely track the contracts fairly carefully for a number of reasons.  The big deal is that while the price the contract is set, and if you did a perfect hedge maybe the value of the contract and the thing you are hedging is then fixed, the value of that futures contract by itself changes and this is important. The biggest reason is as JB mentions above most futures contracts settle up on a daily basis as the price of the underlying changes.  This happens to limit the losses when for large price changes and one party owes a bunch of money on a futures contract and (for that reason or a different one) goes bankrupt.  If the other party is using the contract to hedge a sale or asset maybe this risk is minimal but maybe that expected sale doesn't happen or maybe the party is using futures for speculation.  There is no way to know built into the contract if a party is really hedging or not so people naturally want to limit this default risk. There are many other reasons to track profit and loss as well: There are likely even more reasons as well that I'm missing but hopefully that gives you an idea."}
{"_id": "583491", "title": "", "text": "Yes. Private companies have shares, they're just not liquid and there may be restrictions around selling them; founders get shares when they found a company (not options), as do VCs that invest. An options pool is oftentimes created as a result of a VC financing (when the cap table is being carved up and the existing owners are being diluted, anyway) for the purposes of attracting future employees."}
{"_id": "583513", "title": "", "text": "Conglomerates don't work. We've seem thay countless times in countless periods in countless places in history... A focused company will always outperform an unfocused company in the long run...     Grocery stores trade at tiny multiples. Tech firms at massive multiples. The instant you buy a 3x EBITDA when you're trading at 15x EBITDA, you've increased the market value of the acquired firm by 5x..."}
{"_id": "583517", "title": "", "text": "Do you live in an old building? We have painting contractors in Vancouver for whom no challenge is too big! If you wonder about the work that goes into their trade, check out this article on @The Guardian."}
{"_id": "583519", "title": "", "text": "Is it really necessary? If $800 / year registration fee is too much to you, an LLC is apparently not something you need right now. Many people conduct web-based business online on personal terms. My suggestion is that you focus on your business first and try to grow it as much as you can before you get down to a company."}
{"_id": "583536", "title": "", "text": "And here is the same question posed to the user interface design sub:  https://www.reddit.com/r/UserExperienceDesign/comments/6thoqv/if_you_could_change_the_navigationcategorization/?st=J6LFX0K1&amp;amp;sh=492012b4  Will see what a I can find for regulatory sites for you.  p.s. Companies like Wayfair have been notorious for spamming job seekers, by adding them their email list involuntarily after submitting applications I was told."}
{"_id": "583549", "title": "", "text": "Katherine from Betterment here.  I wanted to address your inquiry and another comment regarding our services.  I agree with JAGAnalyst - it's detrimental to your returns and potential for growth if you try to time the market.  That's why Betterment offers customized asset allocation for each portfolio based on the nature of your goal, time horizon, and how much you are able to put towards your investments.  We do this so regardless of what's happening in the markets, you can feel comfortable that your asset allocation plus other determining factors will get you where you need to go, without having to time your investing.  We also put out quite a bit of content regarding market timing and why we think it's an unwise practice.  We believe continuously depositing to your goal, especially through auto-deposits, compounding returns, tax-efficient auto-rebalancing, and reinvesting dividends are the best ways to grow your assets. Let me know if you would like additional information regarding Betterment accounts and our best practices.  I am available at buck@betterment.com and am always happy to speak about Betterment's services. Katherine Buck, Betterment Community Manager"}
{"_id": "583552", "title": "", "text": "Significantly less effort to buy into any of several international bond index funds. Off the top of my head, VTIBX."}
{"_id": "583554", "title": "", "text": "A Budget is different for every person.  There are families making $40K/yr who will budget to spend it all. But a family making $100K of course will have a different set of spending limits for most items. My own approach is to start by tracking every cent. Keep a notebook for a time, 3 months minimum. Note, for homeowners, a full year is what it takes to capture the seasonal expenses.  This approach with help you see where the money is going, and adjust accordingly. The typical goal is to spend less than you make, saving X% for retirement, etc. The most important aspect is to analyze how much money is getting spent on wasteful items. The $5 coffee, the $10 lunch, the $5-$7 magazines, etc. One can decide the $5 coffee is a social event done with a friend, and that's fine, so long as it's a mindful decision. I've watched the person in front of me at the supermarket put 4 magazines down on the counter. If she has $20 to burn, that's her choice.  See Where can I find an example of a really basic family budget? for other responses."}
{"_id": "583577", "title": "", "text": "There is another reason why an investor might buy negative yielding bonds: if the investor expects that bond yields will go even further negative, then they are also expecting the price of the bond to go up. They can resell the bond later at a profit. As an example, they may expect an increase in central bank bond purchases to drive yields lower and prices higher."}
{"_id": "583585", "title": "", "text": "From Getting Rid of PMI: Per the federal Homeowners' Protection Act, you can ask that your PMI be canceled when you've paid down your mortgage to 80% of the loan, if you have a good record of payment and compliance with the terms of your mortgage, you make a written request, and you show that the value of the property hasn't gone down.  What's more, when you've paid down your mortgage to 78% of the original loan, the law says that the lender must automatically cancel your PMI. (So in this case to prove it hasn't gone down, an appraisal is in order) But all of this doesn't answer the question. The PMI is a separate line item, once it's removed, your total monthly payment drops. You are welcome to keep it in, and indicate it should be a prepayment of principal, if that's your wish, but that's up to you, it's not automatic.  In researching this the first time, I ran into an article How to Calculate PMI Costs in which an example is given where a 91% LTV $200K loan has a PMI cost of $1000/yr. So, the impact of not having that extra $20K or so is to pay what amount to an extra 5% on the last $20K of the loan. The PMI doesn't scale over time. When you are $10K away from 80% LTV, you still pay the $1K/yr. For this reason, if you absolutely must go over 80% LTV, I'd suggest shopping for a bank that will permit the excess to be a home equity loan.  At least the payoff of that 2nd loan in totally in your control."}
{"_id": "583589", "title": "", "text": "But they aren't doing anything extra to sell them, but perhaps a commission on sales would be a fair reward for the best salespeople. However, the products sell themselves. They just happen to work at a place where the merchandise is expensive. I understand paying the genius bar folks more. Should people who work at Prada get paid $100,000 a year just for ringing up the items?"}
{"_id": "583593", "title": "", "text": "Ielts British Council can help you receive the original ielts certificate without taking the exam. We have teamed up to form a big organization with the sole interest of providing the reliable services for all our clients. If you want to Verifiable ielts certificates online worldwide, then you can visit our website. You can also use IELTS certificate for the admission to the undergraduate, postgraduate degree program and job."}
{"_id": "583621", "title": "", "text": "\"According to the article, I think the operative word is \"\"train,\"\" not \"\"push.\"\"  Essentially companies are looking for \"\"unicorns\"\" that don't really exist. They expect the market to offer up people with an exact certain skillset, at a certain price, at a certain time. And *free* markets simply don't work in that manner.  Another thing that I did not see this article address is that there really is no loyalty within companies any more. Companies view people as a commodity (but yet don't believe in the free market principle surrounding a commodity), instead of treating people as a resource. Hence people are ready to walk away when they spot a better opportunity.\""}
{"_id": "583626", "title": "", "text": "I don't see a tag for United States, so I'm having to assume this is US taxes.  It doesn't matter what app you use, IRS trades are all calculated the same. First, you have to report each trade on a 8949 and from that the totals go into a schedule D.  Short term trades are stocks that you've kept exactly one year or less, long term trades are for 1 year + 1 day or more.  Trades where you sold a stock for a loss, then bought that stock back again under 30 days don't get to count as a loss.  This only affects realized capital gains and losses, you don't count fees. First, take all of your short term gains then offset them by all of your short term losses.  Do the same for long term gains and losses.  Short and long term gains are taxed at different rates.  You can deduct losses from short term to your long term and vice versa.  Then you can deduct the total losses up to $3000 (household, $1500 married, filing separately) per year on your regular income taxes or other dividend taxes.  If you have over $3000 in losses, then you need to carry that over to subsequent years. Edited per Dave's comments: thanks Dave"}
{"_id": "583631", "title": "", "text": "\"BankLibra  is a financial website, one of India's leading and amongst most valuable financial services provider website in the digital sector. At BankLibra, we think of ourselves, not as a \u201cloan company\"\", but as a partner in your quest to fulfill your biggest ambition of stepping into your dream home.  BankLibra.com, has interests in asset management ,Real State ,commercial finance,home finance, mortgage,Lap and other financial services\""}
{"_id": "583635", "title": "", "text": "Good question - I know you can keep the ISA in the UK and it won't lose its tax free status but you're not able to contribute it while you're not a UK resident. Not that its tax free status buys you that much if you're a non-resident as you could apply to receive tax gross on pretty much any savings account anyway. Given that the idea of tax-free saving outside a retirement account doesn't really exist here in the US I would assume that you will have to declare the interest as income and, if you don't pay any other taxes in the UK that would cover the amount you'd have to pay on your ISA under the foreign tax credit, you'd end up giving the IRS their pound of flesh. As I mentioned in an answer to a previous question, you really need to talk to an US accountant/CPA, preferably one that is familiar with UK taxation law as well."}
{"_id": "583637", "title": "", "text": "No no it's real good man, I mean there's a chance you'll die from heat stroke or get beaten to death for trying to escape since your employer took your passport, but it's great for the consumer who doesn't give a shit and just wants to watch the world cup.  Hope you end up in a service job with a boss that shits down your throat every time you take a piss break you entitled punk."}
{"_id": "583638", "title": "", "text": "Two hours? Phew, that's long. A few things that come to mind: Read job interview articles before you go... They always helped get my mind thinking in that direction. There are plenty online.  A two hour interview is, my guess, an attempt to learn about your personality and whether you wi fit in. I wouldn't try to fake this, just be yourself. Expect them to ask about who you are outside a 3.9 gpa - and be ready to answer. What do you have an appetite for? Is it outdoors, sushi, sports? Doesn't really matter, just be passionate about something. Don't oversell yourself. It's okay to be nervous but don't turn that into being some kid that talks too much and is awkward. Managers interview all the time, they just want a normal human being to sit across the table."}
{"_id": "583640", "title": "", "text": "It depends on how much you save, how much your savings earns each year.  You can model it with a very simple spreadsheet:  Formula view:  You can change this simple model with any other assumptions you wish to make and model. This spreadsheet presumes that you only make $50,000/year, never get a raise, that your savings earns 6% per year and that the market never has a crash like 2008. The article never states the assumptions that the author has made, and therefore we can't honestly determine how truthful the author is.  I recommend the book Engineering Your Retirement as it has more detailed models and goes into more details about what you should expect. I wrote a slightly more detailed post that showed a spreadsheet that is basically what I use at home to track my retirement savings."}
{"_id": "583646", "title": "", "text": "Put simply:    Financial Services provides or facilitates access to capital in some capacity, and are companies unto themselves (TD Ameritrade, Goldman Sachs, Bank of America, etc), this also includes accounting companies which provide financial information, and insurance companies that deal with risk.  Corporate Finance is part of all businesses in any industry (So for example Starbucks has a finance department, and those employees are doing corporate finance), and plans how to use capital to fund a company's projects and make sure there is sufficient cash on hand as it's needed for daily operations.  Corporate Finance interacts with Financial Services to access the capital needed to fund the business's activities."}
{"_id": "583647", "title": "", "text": "If I have a slave and I let him stop being a slave at any time as long as he pays me 500 dollars, is he a voluntary slave?  He's still here, right? He can leave at any time as long as he pays me. Oh, and I can change the conditions under which I *allow* him to leave at any time, unilaterally, without giving him any notice or allowing him to dissent. Totally voluntary, right?"}
{"_id": "583651", "title": "", "text": "It is just marketing and market segmentation.  We could all shop at WalMart, but some people prefer wider aisles and mood music so they shop at Macys.  Other people are fine shopping at Target or online. Women face no different challenges.  The challenges in investing depend on who you are, where you are in life and what your goals are.  I think it is fine to target a certain demographic over another, but they are just trying to make a niche. I prefer to not think about worst case scenarios, and I view all financial advisors with a healthy skepticism, regardless of gender."}
{"_id": "583662", "title": "", "text": "Your thinking is a little extreme!  V could go under... but chances are very remote.  Similarly I can't answer if someone asks if the Feds can go under. Looking at our awesome debt levels and no way to dig out of it, that is definitely a possibility. But will it happen?  Probably no."}
{"_id": "583666", "title": "", "text": "Wikipedia has a nice definition of financial literacy (emphasis below is mine): [...] refers to an   individual's ability to make informed   judgments and effective decisions   about the use and management of their   money. Raising interest in personal   finance is now a focus of state-run   programs in countries including   Australia, Japan, the United States   and the UK. [...]  As for how you can become financially literate, here are some suggestions: Learn about how basic financial products works: bank accounts, mortgages, credit cards, investment accounts, insurance (home, car, life, disability, medical.) Free printed & online materials should be available from your existing financial service providers to help you with your existing products.  In particular, learn about the fees, interest, or other charges you may incur with these products.  Becoming fee-aware is a step towards financial literacy, since financially literate people compare costs.  Seek out additional information on each type of product from unbiased sources (i.e. sources not trying to sell you something.) Get out of debt and stay out of debt. This may take a while. Focus on your highest-interest loans first. Learn the difference between good debt and bad debt.   Learn about compound interest.  Once you understand compound interest, you'll understand why being in debt is bad for your financial well-being. If you aren't already saving money for retirement, start now.  Investigate whether your employer offers an advantageous matched 401(k) plan (or group RRSP/DC plan for Canadians) or a pension plan.  If your employer offers a good plan, sign up.  If you get to choose your own investments, keep it simple and favor low-cost balanced index funds until you understand the different types of investments.  Read the material provided by the plan sponsor, try online tools provided, and seek out additional information from unbiased sources. If your employer doesn't offer an advantageous retirement plan, open an individual retirement account or IRA (or personal RRSP for Canadians.)  If your employer does offer a plan, you can set one of these up to save even more.  You could start with access to a family of low-cost mutual funds (examples: Vanguard for Americans, or TD eFunds for Canadians) or earn advanced credit by learning about discount brokers and self-directed accounts. Understand how income taxes and other taxes work.  If you have an accountant prepare your taxes, ask questions.  If you prepare your taxes yourself, understand what you're doing and don't file blind.  Seek help if necessary.  There are many good books on how income tax works.  Software packages that help you self-file often have online help worth reading \u2013 read it. Learn about life insurance, medical insurance, disability insurance, wills, living wills & powers of attorney, and estate planning.  Death and illness can derail your family's finances.  Learn how these things can help. Seek out and read key books on personal finance topics.  e.g. Your Money Or Your Life, Why Smart People Make Big Money Mistakes, The Four Pillars of Investing, The Random Walk Guide to Investing, and many more. Seek out and read good personal finance blogs.  There's a wealth of information available for free on the Internet, but do check facts and assumptions. Here are some suggested blogs for American readers and some suggested blogs for Canadian readers. Subscribe to a personal finance periodical and read it.  Good ones to start with are Kiplinger's Personal Finance Magazine in the U.S. and MoneySense Magazine in Canada.  The business section in your local newspaper may sometimes have personal finance articles worth reading, too. Shameless plug: Ask more questions on this site. The Personal Finance & Money Stack Exchange is here to help you learn about money & finance, so you can make better financial decisions.  We're all here to learn and help others learn about money. Keep learning!"}
{"_id": "583678", "title": "", "text": "The relation between inflation and stock (or economic) performance is not well-understood.  Decades ago, economists thought inflation corresponded with periods of high growth and good real returns, but since then we have had periods of low inflation and high growth and high inflation with low growth.  It is generally understood among current economists that inflation levels (especially expected inflation) are neither indicative nor causative of real stock returns. Many things can affect inflation, and economic performance is only a minor one.  Many things can cause economic performance, and inflation is only a minor one.  It's not clear whether the overall relation between inflation and real stock returns is positive or negative. Notice, however, that in principle stock returns are real.  That is, the money companies make is in inflated dollars so profit and dividends for a company whose prospects have not changed should go up and down at the same rate as inflation. This would mean if inflation goes up by 5% and nothing else changes, you would expect stock prices to go up by the same proportion so you wouldn't have strong feelings about inflation one way or the other.  In real life stock prices will go up by either more or less than 5% but I'm not comfortable saying which, on average. Bottom line: current levels of inflation can't really be used to predict real stock returns, so you shouldn't let current inflation guide your decision about whether to buy stock."}
{"_id": "583694", "title": "", "text": "I have a bank account in the US from some time spent there a while back. When I wanted to move most of the money to the UK (in about 2006), I used XEtrade who withdrew the money from my US account and sent me a UK cheque. They might also offer direct deposit to the UK account now. It was a bit of hassle getting the account set up and linked to my US account, but the transaction itself was straightforward. I don't think there was a specific fee, just spread on the FX rate, but I can't remember for certain now - I was transfering a few thousand dollars, so a relatively small fixed fee would probably not have bothered me too much."}
{"_id": "583695", "title": "", "text": "\"The above answers are great. I would only add to the \"\"rainy day\"\" part, that even though the cash provides a good cushion, \"\"a stormy day\"\" could mean even losing those emergency savings to the unignorable randomness that governs the world economy. Though unlikely, what happened to the russian ruble and the latest decision of the swiss cental bank are just two recent reminders that uncertainty must be treated as a constant. I would therefore advise you to invest some of the money in land capable of agriculture. How expensive is land over there in the UK?\""}
{"_id": "583708", "title": "", "text": "It might seem like the PE ratio is very useful, but it's actually pretty useless as a measure used to make buy or sell decisions, and taken largely on its own, pretty useless becomes utterly and completely useless. Stocks trade at prices based on future expectations and speculation, so that means if traders expect a company to double its profits next year, the share price could easily double (there are reasons it might not increase so much, and there are reasons it could increase even more than that, but that's not the point). The Price is now double, but the Earnings is still the same, so the PE ratio is double, and this doubling is based on something some traders know, or think they know, but other traders might not know or not believe! Once you understand that, what use is a PE ratio really? The PE ratio of a company might be low because it is in a death spiral, with many traders believing it will report lower and lower profits in years to come, and the lower the PE ratio of a given company gets probably, relatively, the more likely it is to go bust! If you buy a stock with a low PE ratio you must do so because you feel you understand the company, understand why the market is viewing it negatively, believe that the negativity is wrong or over done, and believe that it will turn around. Equally a PE ratio might be high, but be an excellent buy still because it has excellent growth prospects and potential even beyond what is priced in already! Lets face it, SOMEONE has been buying at the price that's put that PE ratio where is is, right? They might be wrong of course, or not! Or they might be justified now but circumstances might change before earnings ever reach the current priced in expectation. You'll know next year probably! To answer your actual question... first you should now understand there is no such thing as a stock that is on sale, just stocks that are priced broadly according to the markets consensus on its value in years to come, the closest thing being a stock that is 'over sold' (but one man's 'over sold' is another man's train crash remember)... so what to actually look for? The only way to (on average) make good buy and sell decisions is to know about investing and trading (buy some books, I have 12), understand the businesses you propose to invest in and understand their market(s) (which may also mean understanding national and international economics somewhat)."}
{"_id": "583716", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-britain-economy-idUSKBN19U11N?il=0) reduced by 79%. (I'm a bot) ***** &gt; LONDON The chances of Britain&amp;#039;s economy picking up steam diminished further on Monday as surveys showed major companies have curtailed their investment plans and that consumers spent less on their credit cards.  &gt; The survey&amp;#039;s findings have proven a good predictor for the BoE&amp;#039;s own investment intentions survey which BoE officials watch closely as part of their monitoring of Britain&amp;#039;s economy.  &gt; Rate-setter Michael Saunders said last week he was &amp;quot;Reasonably confident&amp;quot; that an improvement in exports and investment would more or less offset the consumer slowdown.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mbpve/the_chances_of_britains_economy_picking_up_steam/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~163372 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **survey**^#1 **BoE**^#2 **investment**^#3 **Deloitte**^#4 **year**^#5\""}
{"_id": "583738", "title": "", "text": "How exactly is this relevant to anything I wrote?   I can create /r/idioticteabaggerdiatribes if you really need to yap about topics that weren't brought up.   and, it's actually funny that you think most people don't get rich by rent seeking behaviors."}
{"_id": "583741", "title": "", "text": "&gt; At what point do people's bad decisions stop being society's burden to bear?  Never. It doesn't matter if it is education, food stamps, walls, police, or prisons but you will be paying for other human's mistakes your whole life."}
{"_id": "583742", "title": "", "text": "I agree. There are numerous sources for homework help on the rest of the interwebs. BUT I do enjoy when people post their homework problems. They are fun to solve.  Keeps me on my toes. Albeit, this sub shouldn't be relied upon in this manner.   Perhaps we could get some sort of Financial Problem subreddit or something along those lines?"}
{"_id": "583757", "title": "", "text": "The state of California shouldn't be commended and given credit for removing shitty legislation that shouldn't have existed in the first place.  Also, to repeat myself because it cannot be stated enough, the government does not create businesses.  Hell, the state of California might be the most anti-business state in the union.  In no other state is it as expensive or as difficult to run a compliant business due to the mountains of unnecessary bullshit California makes businesses navigate through."}
{"_id": "583774", "title": "", "text": "Its expected earnings are what people are valuing it at. They have built a huge demand by having superior previous models.  The true question is if they can replicate this on a large scale, and keep enough of the quality and perks of the previous models to maintain the demand.  If so you have the biggest shift in car manufacturing in the US market in a long long time. To be honest idk if they can remain at Tesla headquarters at the desired level of production but bringing production back to Detroit while cheap doesn't have the engineers and control that they have in California."}
{"_id": "583785", "title": "", "text": "Seems like you should be aiming to beat the professionals, otherwise why not let them handle it? So 4.01% is a logical start. Perhaps round that up to 4.05%"}
{"_id": "583788", "title": "", "text": "I would suggest they are not wasted because your premiums fund unemployment insurance, which is a net to prevent people from going under if they lose their jobs. Unemployment insurance is in many ways an incubator for success because it allows an entrepreneur to take more risk in starting a business because failure won't mean devastation. Perhaps that person who took the risk because of the ability to fail started the business that you now work for. Society works better (in my opinion) by keeping the bottom closer to the top.  Paying into the unemployment insurance fund indirectly provides you opportunity."}
{"_id": "583800", "title": "", "text": "For a $350 monthly payment, she is currently paying $200 monthly in interest. You say that no bank will refinance her, but that is not true, I'm sure many banks are happy to refinance her to the value of the car. She should start that process. You'll find that your suggestion to pay $5000 down on the current loan is pretty similar to what she would need to bring to a bank to refinance (maybe as much as $7000 to refinance). After that she would be paying a much lower amount in interest, and she could still retire the loan a year or two (but she would be paying even less in interest). The advantage to borrowing from her emergency fund is that she retires the loan 14 months earlier. The problem is that you are prioritizing the least amount paid, and she is prioritizing an emergency fund. Emergency funds are also very important. You might have better success if you prioritize paying back the emergency fund in your plan. If she puts $7000 down to refinance, assume a 3 year loan at 4.5% with a $150 monthly payment. Instead of paying down the remaining $5000 quickly what if she put the extra $200/month toward paying back her emergency fund? It would take the same 3 years to fully pay it back without impacting the rest of her budget at all. If she has extra room in her budget, she could pay back that emergency fund even faster. Many of us who prioritize minimizing interest paid and maximizing interest earned already have a robust emergency fund. Your girlfriend isn't wrong to value that. Unexpected emergencies can cause much more interest to be paid if there is no way to deal with them. (That's how paycheck and title lenders capture their customers.) Talk to her about what emergencies she might need the money for, and make a plan to replenish the fund, and you're much more likely to have her buy in."}
{"_id": "583803", "title": "", "text": "In the US bank or credit union checking, savings, CD's are insured through FDIC or NCUA. The coverage is for $250,000. This limit can be increased by having multiple accounts. You, your spouse, and a Joint account with your spouse, are considered 3 different accounts, so you could have $750K coverage.  IRA funds are considered a separate pot of money for insurance coverage. Here is an explanation from NCUA and FDIC. There is no safety difference between savings and checking. There are differences regarding minimum balances, maximum number of transactions per month, and fees. But they are equally safe."}
{"_id": "583817", "title": "", "text": "Software Contractors are not employees of the company that is procuring the software. Software Contractors necessarily work for another legal business entity. There is a business to business relationship between the procurer of the software and the entity producing the software. Therefore, the company procuring the software is not required to pay a minimum wage, or adhere to any other employment law. When any individual or company orders a software product and agrees to pay for it, that is a fixed priced contract. This happens millions of times a day. The amount of time taken to produce the software has no direct bearing on price. For instance, there is no minimum price for Microsoft Word based on the number of hours taken to produce it. Generally a Software Contractor will be a director and shareholder of a limited liability corporation. Directors are exempt from the standard protection offered under employment law. If the company producing the software was employing non-directors to produce the software, rather than sub-contracting to another business then employment law would apply."}
{"_id": "583830", "title": "", "text": "Unless that 401K has very low expense ratios on its funds, you should roll it into an IRA and choose funds with low expense ratios. After rolling it over you should not take the 10% penalty and use it to purchase a home.  Unless you use that home as an income property, it is unlikely to provide you more than a 1% inflation-adjusted rate of return given historical data.  The S&P 500 is about 4% adjusted for inflation.  And that money currently in your 401(k) is for your retirement - your future.  Don't borrow against your future.  Let compound interest do its work on that money. The value of a house is in the rent you aren't paying to live somewhere and there are a lot of costs to consider.  That doesn't mean don't buy.  It just means buy wisely. If you are currently maxing out your 401(k), you may consider cutting back to save for your down payment.  Other than that I wouldn't touch retirement money unless it was a dire financial emergency."}
{"_id": "583832", "title": "", "text": "&gt; I agreed to eat the food with an implied contract that I will pay for it.   You stay in the state's territory voluntarily, you agree to benefit from the services they fund with an implied contract that you contribute to their funding one per year.  Trying to insist you never did consent, at this point, isn't an argument. You could say the same thing after you're done eating and your given a bill."}
{"_id": "583838", "title": "", "text": "\"While every successful forex trader has his or her own way of being consistently profitable, there are a few \"\"common denominators\"\" that all profitable traders follow without exception. This forex training article will walk through one of those critical keys to success.\""}
{"_id": "583869", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.nber.org/papers/w23839) reduced by 55%. (I'm a bot) ***** &gt; There is strong persistence over time in the bottom tail of the wealth distribution, but the probability of having low wealth increases slowly with age after age 65.  &gt; Those with low lifetime earnings are much more likely to report low wealth at retirement, and to die with little wealth, than their higher-earning contemporaries.  &gt; The onset of a major medical condition and the loss of a spouse increase in the probability of falling into the low wealth category at advanced ages, although these factors appear to contribute to wealth decline for only a small fraction of those who had modest wealth at age 65 but low wealth at the time of death.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72efsa/this_is_why_people_make_fun_of_economists_those/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216369 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wealth**^#1 **age**^#2 **low**^#3 **little**^#4 **Retirement**^#5\""}
{"_id": "583872", "title": "", "text": "\"I took it a few months ago.  Overall - just doing the practice/sample questions is pretty sufficient. If you don't know much about IB, I doubt it's worth your time to go out and \"\"study\"\" it before the test.  The problem with the BAT is that you can't contact companies thru Bloomberg. You just make a profile, and if an employer is searching for someone that matches you (including your BAT score), then they contact you.\""}
{"_id": "583875", "title": "", "text": "You know that [most authors have come out *against* Amazon in this dispute](http://www.authorsunited.net), right?   Even [Stephan Colbert has sided with hachette on this one.](http://thecolbertreport.cc.com/videos/ukf9gv/amazon-vs--hachette)  The authors that seem to side *with* Amazon are ones from Amazon's own self publishing platform, which ironically has some of the *worst* terms for authors when it comes to choices of how and where they can sell their books.  I'll give credit where credit is due though: Amazon *does* let self-published authors retain the intellectual property for their works, which doesn't always happen with traditional publishers. Granted, Amazon doesn't front any of the costs involved in creating a book like traditional publishers do, and Amazon can literally change it's terms of service at any time without notifying you (whereas contracts signed with traditional publishers are legally binding), it's still a pretty nice move that Amazon only views self-publishing *authors* as a source of revenue, and not their intellectual property."}
{"_id": "583881", "title": "", "text": "What damage?  In the eyes of the left they did the right thing in not allowing the wrong ideology to exist.  Its only on the right where Google will get bad PR really and Google already has bad PR with them so it really doesn't matter."}
{"_id": "583883", "title": "", "text": "\"And if you subtract that 30% (the 19% Social Security and 11% Fed holdings) which are entirely bogus and moot...  Then that 32% (out of the remaining 70%) is pretty darned near half, and regardless of it being just shy of a majority, it is still the largest block.  Even then, since the dollar itself is backed by nothing, it isn't technically a problem -- the US can pay it off at any time (the only inherent cost being the debasement of the currency).  Where the problem with that comes in is that there are a LOT of US assets located on foreign soil (all of the \"\"joint-operation\"\" manufacturing plants in China, for instance); and foreign governments CAN hold them \"\"hostage\"\" (so to speak), or if they so choose, to literally confiscate (nationalize) them and yet legally \"\"compensate\"\" their US based paper-owners by paying them off with the debased dollars (and/or US treas bonds, same thing really)... basically just \"\"paying\"\" us with checks drawn on our own collective account.\""}
{"_id": "583890", "title": "", "text": "You'll have to call your credit card issuer and ask them. Generally, credit cards don't do bank transfers, since its not a bank account per se. But it may be in some cases that there's an underlying bank account over which your credit card is managed, and then they might be able to do something like that. But we won't know, only your card issuer will."}
{"_id": "583893", "title": "", "text": "Run a screen on CapIQ. Ask one of the analysts to walk you through the various inputs / filters you can use to run screens (business description, geography, company type, size, industry classification, etc). If you stay in M&amp;A you'll be doing a lot of these. Better to learn best methods now rather than later."}
{"_id": "583897", "title": "", "text": "Look at this question here. In my answer there, I put a link to an Investopedia article about the bond prices. Keep in mind that speculating over a short term period is pretty dangerous, even with the Treasury notes, and the prices may be affected temporary but greatly by the ordeals like the latest Republican shenanigans in Washington."}
{"_id": "583901", "title": "", "text": "The growth of Panamanian economy and the fact that Panama has become an important regional investment center has required that Kraemer &amp; Kraemer. As attorneys acquire considerable experience in multidisciplinary practices. We are the top most Law firm in Panama. You need to ensure that you pick top Panama law offices that comprehend the interchange between the laws of Panama and your nation of origin."}
{"_id": "583902", "title": "", "text": "\"The TSA has to stop terrorists 100% of the time (current record: 0%). Terrorists just have to get through once (current record: 100% through TSA, stopped by passengers).  I don't trust that the TSA would be able to secure the trusted traveler program any more than they secure people right now. The \"\"my metal detector wasn't plugged in\"\" thing just reinforces my idea of them.  But behavioral detection can work, Israel has shown that. Of course their agents are truly trained on it and do direct interviews as opposed to just scanning a crowd.  This would make that even less effective that it is now.\""}
{"_id": "583903", "title": "", "text": "\"On contrary of what Mike Scott suggested, I think in case of EURO DOOM it's a lot safer if your savings were changed into another currency in advance. Beware that bringing your money into an EURO CORE country (like Finland, Austria, Germany, Nethereland) it's useful if you think those banks are safer, but totally useless to avoid the conversion of your saving from Euro into your national currency. In case of EURO CRASH, only the Central Bank will decide what happens to ALL the Euro deposited wherever, single banks, even if they are Deutsche Bank or BNP or ING, can not decide what to do on their own. ECB (European Central Bank) might decide to convert EURO into local currencies based on the account's owner nationality. Therefor if you are Greek and you moved your saving in a German bank, the ECB might decide that your Euro are converted into New Dracma even if they sit in a German bank account. The funniest thing is that if you ask to a Finland bank: \"\"In case of Euro crash, would you convert my Euro into New Dracma?\"\", they sure would answer \"\"No, we can't!\"\", which is true, they can not because it's only the ECB (Europe Central Bank) the one that decides how an ordered Euro crash has to be manged, and the ECB might decide as I explained you above. Other Central Banks (Swiss, FED, etc.) would only follow the decisions of the ECB. Moreover in case of EURO DOOM, it's highly probable that the Euro currency looses a tremendous value compared to other currencies, the loss would be huge in case the Euro Crash happens in a disordered way (i.e. a strong country like Germany and their banks decides to get out and they start printing their own money w/o listening to the ECB anymore). So even if your saving are in Euro in Germany they would loose so much value (compared to other currencies) that you will regreat forever not to have converted them into another currency when you had the time to do it. Couple of advises: 1) If you want to change you savings into another currency you don't need to bring them into another bank/country (like US), you could simply buy US Shares/Bonds at your local bank. Shares/Bonds of a US company/US gov will always be worth their value in dollars no matter in what new pathetic currency your account will be converted. 2) But is there a drawback in converting my saving into another currency (i.e. buying dollars in the form of US treasury bonds)? Unfortunately yes, the drawback is that in case this Euro drama comes finally to an happy ending and Germans decide to open their wallets for the nth time to save the currency, the Euro might suddenly increase its value compared to other currencies, therefor if you changed your saving into another currency you might loose money (i.e. US dollars looses value against the Euro).\""}
{"_id": "583904", "title": "", "text": "I don't think you need to be an economist to answer the bell though. Gates is filling his role in that he's not letting the powers at be back down from pledges.   From there though, it tends to get overly political and messy. From Gates's perspective it is probably black and white. Financial traders aren't doing much to engineer a better future directly, so why not tax them and make them contribute more to the world that Gates would like to see. It's not as if these guys are spending their weekends finding ways to get millions of mosquito nets and vaccines to people across the globe so why listen to their political dribble as to why they can't lose a penny on the dollar to create a better world?"}
{"_id": "583909", "title": "", "text": "No, it won't go on the front page because it uses bullshit math and reveals a deep lack of understanding of how the numbers are calculated. The unemployment rate is calculated from the Current Population Survey as well as the participation rate. To add to the unemployment rate of one month/survey by calculating the participation rate from a different month/survey is very problematic.  If you are looking to include those who have stopped looking for a job because of poor job prospects, you could try using the U5 unemployment estimate. The U5 number includes those who have recently stopped looking for a job. It only goes back a year for the respondents, but at least it is comparable because it is in the same month/survey.  The author also states that the U6 unemployment estimate should be 20% without explaining why it can be calculated like that. I don't think the participation rate can be used to suggest that the U6 is higher than it is when the U6 already takes into account a large percent of those that have stopped looking for economic reasons."}
{"_id": "583912", "title": "", "text": "A few points to consider - Welcome to Money.SE. This is not a discussion board, but rather, a site to ask and answer personal finance questions that are factual in nature. Your question is great, in my opinion, but it's a question that has no answer, it's opinion-based. So I'm slipping this in to help you, and suggest you visit the site to see the great Q&A we've accumulated over the years."}
{"_id": "583913", "title": "", "text": "\"Month to date For the month to date (MTD), the price on Feb 28th is $4.58 and the price on March 16th is $4.61 so the return is which can be written more simply as The position is 1000 shares valued at $4580 on Feb 28th, so the profit on the month to date is Calendar year to date For the calendar year to date (YTD), the price on Dec 31st is $4.60 and the price on Feb 28th is $4.58 so the return to Feb 28th is The return from Feb 28th to March 16th is 0.655022 % so the year to date return is or more directly So the 2011 YTD profit on 1000 shares valued at $4600 on Dec 31st is Year to date starting Dec 10th For the year to date starting Dec 10th, the starting value is and the value on Dec 31st is 1000 * $4.60 = $4600 so the return is $4600 / $4510 - 1 = 0.0199557 = 1.99557 % The year to date profit is therefore Note - YTD is often understood to mean calendar year to date.  To cover all the bases state both, ie \"\"calendar YTD (2011)\"\" and \"\"YTD starting Dec 10th 2010\"\". Edit further to comment For the calendar year to date, with 200 shares sold on Jan 10th with the share price at $4.58, the return from Dec 31st to Jan 10th is The return from Jan 10th to Feb 28th is The return from Feb 28th to March 16th is The profit on 1000 shares from Dec 31st to Jan 10th is $4600 * -0.00434783 = -$20 The profit on 800 shares from Jan 10th to Feb 28th is zero. The profit on 800 shares from Feb 28th to March 16th is So the year to date profit is $4.\""}
{"_id": "583916", "title": "", "text": "There are a few considerations: Purely Financial: If you think you can make more than 6% (adjusted downward for the tax benefits of home interest deductions) on that $150K then no. Otherwise yes.  Update: A good point was made in another answer, if the 401K is not a ROTH, the tax consequences of withdrawing a lump sum like that will probably tip the balance in most situations towards not paying off the house. Risk: Paying off a mortgage reduces your liquidity. That is, it is much harder to pull your money out of a house note than to sell off some stocks/funds/cds. Put simply, if you run into trouble and need a lot of money quickly would you rather have a paid off house or $150K in the bank/near-cash investments?"}
{"_id": "583918", "title": "", "text": "\"Ultimately you are as stuck as all other investors with low returns which get taxed. However there are a few possible mitigations. You can put up to 15k p.a. into a \"\"normal\"\" ISA (either cash or stocks & shares, or a combination) if your target is to generate the depost over 5 years you should maximise the amount you put in an ISA. Then when you come to buy, you cash in that part needed to top up your other savings for a deposit - i.e. keep the rest in for long term savings. The help to buy ISA might be helpful, but yes there is a limit on the purchase price which in London will restrict you. Several banks are offering good interest on limited sums in current accounts - Santander is probably the best you can get 3% (taxed) on up to 20K - this is a good \"\"safe\"\" return. Just open a 123 Account, arrange to pay out a couple of DDs and pay in \u00a3500 a month (you can take the \u00a3500 straight out again). I think Lloyds and TSB also offer similar but on much smaller ammounts. Be warned this strategy taken to the limit will involve some complexity checking your various accounts each month. After that you will end up trading better returns for greater risk by using more volatile stock market investments rather than cash deposits.\""}
{"_id": "583925", "title": "", "text": "This isn't exactly an answer, but I can not comment at the moment.  I have bought a house in NZ in the last year, being my first. There are a couple of things that you might need to watch out for with the First Home Subsidy (the $5000), especially the one that says that you have to live in the house that you buy for a certain amount of time otherwise you have to pay it back.  I also assume that you have been in Kiwisaver (the superannuation) for at least 5 years? You can only take $1000 for each year you have been in there up to $5000. You can take all of the Kiwisaver funds except what the Government has put in, so if you have $4000 from your employer, then you would probably have more in your contributions that you could use as well.  You don't have to have the 20% deposit to be able to buy a house, I went through a broker, and was able to get in with less. Not sure on the exact percentage. The 20% does help to get the bank to put some extra funds in for legal fees etc. My house wasn't an investment property, but I hope this helps."}
{"_id": "583941", "title": "", "text": "\"Answering this question is weird, because it is not really precise in what you mean. Do you want all stocks in the US? Do you want a selection of stocks according to parameters?  Do you just want a cool looking graph? However, your possible misuse of the word derivative piqued my interest. Your reference to  gold and silver seems to indicate that you do not know what a derivative actually is. Or what it would do in a portfolio.  The straightforward way to \"\"see\"\" an efficient frontier is to do the following. For a set of stocks (in this case six \"\"randomly\"\" selected ones):      library(quantmod)  library(fPortfolio)  library(PerformanceAnalytics)     getSymbols(c(\"\"STZ\"\", \"\"RAI\"\", \"\"AMZN\"\", \"\"MSFT\"\", \"\"TWX\"\", \"\"RHT\"\"), from = \"\"2012-06-01\"\", to = \"\"2017-06-01\"\")     returns &lt;- NULL  tickerlist &lt;- c(\"\"STZ\"\", \"\"RAI\"\", \"\"AMZN\"\", \"\"MSFT\"\", \"\"TWX\"\", \"\"RHT\"\")  for (ticker in tickerlist){   returns &lt;- cbind(returns, monthlyReturn(Ad(eval(as.symbol(ticker)))))  }  colnames(returns) &lt;- tickerlist  returns &lt;- as.timeSeries(returns)    frontier &lt;- portfolioFrontier(returns)  png(\"\"frontier.png\"\", width = 800, height = 600)  plot(frontier, which = \"\"all\"\")  dev.off()    minvariancePortfolio(returns, constraints = \"\"LongOnly\"\")    Portfolio Weights:    STZ    RAI   AMZN   MSFT    TWX    RHT   0.1140 0.3912 0.0000 0.1421 0.1476 0.2051     Covariance Risk Budgets:    STZ    RAI   AMZN   MSFT    TWX    RHT   0.1140 0.3912 0.0000 0.1421 0.1476 0.2051     Target Returns and Risks:   mean    Cov   CVaR    VaR   0.0232 0.0354 0.0455 0.0360    https://imgur.com/QIxDdEI  The minimum variance portfolio of these six assets has a mean return is 0.0232 and variance is 0.0360. AMZN does not get any weight in the portfolio.  It kind of means that the other assets span it and it does not provide any additional diversification benefit.   Let us add two ETFs that track gold and silver to the mix, and see how little difference it makes:    getSymbols(c(\"\"GLD\"\", \"\"SLV\"\"), from = \"\"2012-06-01\"\", to = \"\"2017-06-01\"\")    returns &lt;- NULL  tickerlist &lt;- c(\"\"STZ\"\", \"\"RAI\"\", \"\"AMZN\"\", \"\"MSFT\"\", \"\"TWX\"\", \"\"RHT\"\", \"\"GLD\"\", \"\"SLV\"\")  for (ticker in tickerlist){   returns &lt;- cbind(returns, monthlyReturn(Ad(eval(as.symbol(ticker)))))  }  colnames(returns) &lt;- tickerlist  returns &lt;- as.timeSeries(returns)   frontier &lt;- portfolioFrontier(returns)    png(\"\"weights.png\"\", width = 800, height = 600)  weightsPlot(frontier)  dev.off()    # Optimal weights  out &lt;- minvariancePortfolio(returns, constraints = \"\"LongOnly\"\")  wghts &lt;- getWeights(out)  portret1 &lt;- returns%*%wghts  portret1 &lt;- cbind(monthprc, portret1)[,3]  colnames(portret1) &lt;- \"\"Optimal portfolio\"\"    # Equal weights  wghts &lt;- rep(1/8, 8)  portret2 &lt;- returns%*%wghts  portret2 &lt;- cbind(monthprc, portret2)[,3]  colnames(portret2) &lt;- \"\"Equal weights portfolio\"\"   png(\"\"performance_both.png\"\", width = 800, height = 600)  par(mfrow=c(2,2))  chart.CumReturns(portret1, ylim = c(0, 2))  chart.CumReturns(portret2, ylim = c(0, 2))  chart.Drawdown(portret1, main = \"\"Drawdown\"\", ylim = c(-0.06, 0))  chart.Drawdown(portret2, main = \"\"Drawdown\"\", ylim = c(-0.06, 0))  dev.off()   https://imgur.com/sBHGz7s   Adding gold changes the minimum variance mean return to 0.0116 and the variance stays about the same 0.0332. You can see how the weights change at different return and variance profiles in the picture.  The takeaway is that adding gold decreases the return but does not do a lot for the risk of the portfolio.  You also notice that silver does not get included in the minimum variance efficient portfolio (and neither does AMZN).  https://imgur.com/rXPbXau  We can also compare the optimal weights to an equally weighted portfolio and see that the latter would have performed better but had much  larger drawdowns. Which is because it has a higher volatility, which might be undesirable.  ---  Everything below here is false, but illustrative.  So what about the derivative part? Let us assume you bought an out of the money call option with a strike of 50 on MSFT at the beginning of the  time series and held it to the end.  We need to decide on the the annualized cost-of-carry rate, the annualized rate of interest, the time to maturity is measured in years, the annualized  volatility of the underlying security is proxied by the historical volatility.   library(fOptions)   monthprc &lt;- Ad(MSFT)[endpoints(MSFT, \"\"months\"\")]  T &lt;- length(monthprc) # 60 months, 5 years  vol &lt;- sd(returns$MSFT)*sqrt(12) # annualized volatility    optprc &lt;- matrix(NA, 60, 1)  for (t in 1:60) {   s &lt;- as.numeric(monthprc[t])   optval &lt;- GBSOption(TypeFlag = \"\"c\"\", S = s, X = 50, Time = (T - t) / 12, r = 0.001, b = 0.001, sigma = vol)   optprc[t] &lt;- optval@price  }    monthprc &lt;- cbind(monthprc, optprc)  colnames(monthprc) &lt;- c(\"\"MSFT\"\", \"\"MSFTCall50\"\")    MSFTCall50rets &lt;- monthlyReturn(monthprc[,2])  colnames(MSFTCall50rets) &lt;- \"\"MSFTCall50rets\"\"    returns &lt;- merge(returns, MSFTCall50rets)    wghts &lt;- rep(1/9, 9)    portret3 &lt;- returns%*%wghts  portret3 &lt;- cbind(monthprc, portret3)[,3]  colnames(portret3) &lt;- \"\"Equal weights derivative portfolio\"\"    png(\"\"performance_deriv.png\"\", width = 800, height = 600)  par(mfrow=c(2,2))  chart.CumReturns(portret2, ylim = c(0, 4.5))  chart.CumReturns(portret3, ylim = c(0, 4.5))  chart.Drawdown(portret2, main = \"\"Drawdown\"\", ylim = c(-0.09, 0))  chart.Drawdown(portret3, main = \"\"Drawdown\"\", ylim = c(-0.09, 0))  dev.off()  https://imgur.com/SZ1xrYx   Even though we have a massively profitable instrument in the derivative. The portfolio analysis does not include it  because of the high volatility. However, if we just use equal weighting and essentially take a massive position in  the out of the money call (which would not be possible in real life), we get huge drawdowns and volatility, but  the returns are almost two fold. But nobody will sell you a five year call.  Others can correct any mistakes or misunderstandings in the above. It hopefully gives a starting point.  Read more at:   https://en.wikipedia.org/wiki/Modern_portfolio_theory https://en.wikipedia.org/wiki/Option_(finance)  The imgur album:  https://imgur.com/a/LoBEY\""}
{"_id": "583945", "title": "", "text": "Assuming that the jobs where you've earned money from have sent you W-2s, 1099s, etc. Then yes, you can request a Wage and Income Transcript: Shows data from information returns we receive such as Forms W-2,   1099, 1098 and Form 5498, IRA Contribution Information. Current tax   year information may not be complete until July. This transcript is   available for up to 10 prior years using Get Transcript Online or Form   4506-T."}
{"_id": "583956", "title": "", "text": "\"You cannot \"\"claim back\"\" VAT. What happens is that if you sell goods with VAT and charge customers VAT, you would have to send that VAT straight to HMRC, but if your business itself paid VAT, then you already paid VAT, so you have to send less.  As an example, if you send an invoice for \u00a310,000 plus \u00a32,000 VAT, and you paid yourself \u00a3500 VAT on business related expenses, then you need to send \u00a32,000 - \u00a3500 = \u00a31,500 to HMRC.  But if you don't send invoices including VAT, then you owe HMRC \u00a30. Any VAT you paid on business related expenses is lost; HMRC won't pay you money.  BTW. Only VAT on business related expenses can be deducted. So if you want to be \"\"smart\"\", register for VAT and get the VAT on your weekly shopping bill refunded, forget it.\""}
{"_id": "583960", "title": "", "text": "What is shocking to me are statements like this:  &gt;Basically, the MID encourages affluent homeowners to buy more extravagant homes than they otherwise would.   No shit sherlock. When anyone is buying a home and they have $X/mo to spend, they factor in the deduction and conclude they can spend 10-30% more on a house, so they buy bigger or more expensive houses. Its like the authors of the law thought people would spend the same amount on a house regardless of the deduction rather than factor in the deduction into what they can afford."}
{"_id": "583966", "title": "", "text": "They help fund road projects that would otherwise require an increase in the fuel tax. A large enough project, like a new limited access freeway, will cost hundreds of millions to construct. So they float some bonds that will be paid off with toll revenue. Lots of times after the bonds have been paid off the state has the options to remove the toll and put the road back  in the pool with all the other roads. Of course, governments very rarely voluntarily relinquish a revenue stream.  For example, here in Georgia we only have one toll road ([GA400](http://en.wikipedia.org/wiki/Georgia_State_Route_400) in Atlanta) despite having 10 million residents. How do you justify increasing fuel taxes on residents hundreds of miles away on the coast for a transportation project that only benefits Atlanta commuters? You cannot thus tolls."}
{"_id": "583991", "title": "", "text": "I'm not really sure why people still read zero hedge, they've been calling for a massive correction for like 5 years now.  I mean even a broken clock is right twice a day, but they've been broken for 5 years. You would think that would be enough for more people to start checking a phone instead."}
{"_id": "583995", "title": "", "text": "Their headquarters are just north of Sioux City, Iowa, across the river in South Dakota.  They located there for tax reasons, same as Gateway Computers back in the 1990s.   Much of the area's wealth is located just across the river in South Dakota and starves Sioux City of the taxes it needs to serve the overall population. It's one of the quirks of being in a three-state metro area (source: this is my hometown).  I could tell you more about Beef Processing Inc (BPI) around here.  They're one of the biggest sources of wealth in the area, the owners are heavily involved in the charitable scene here, too."}
{"_id": "584005", "title": "", "text": "That\u2019s fair. If I weren\u2019t so bad at math I\u2019d have considered German universities or something like that. Americans also don\u2019t generally leave the country. I think most people get into expensive schools thinking they\u2019ll be set only to enter a saturated job market. At this point I regret not being a plumber."}
{"_id": "584008", "title": "", "text": "\"Another thing people forget is that you can only under perform the average (aka the index) if you try. For most things in life, the harder you try, the better you do. In investing, that is not true. You can lock in \"\"average\"\" by simply buying the index fund. If you try, but you don't work as hard as everybody else who is trying or if you are not as smart as everybody else who is trying, then you will be below average. If you try, and you do better research, you are intelligent, and most importantly more disciplined, you can beat the average. That is an awful lot of work to be a few percent above average. It's like a 100 man marathon race where you can choose to come in 50th place if you don't run, it definitely beats running 26 miles only to come in 70th place. Also, note the people who know they are not very skilled will choose to be non-participants. If you are in the top 30% percentile in skill, you'll get killed if 80% of the participants choose to sit out and you are competing with the top 20%. It becomes one of these funny game theory experiments where even if you know what your rank is, do you choose to sit out or not? (Or perhaps you will choose to participate when the shoe shine boy is giving out stock advice, and take the opposite side of the bet).  For most people, it doesn't make sense to try. It makes the most sense to lock in the average by putting money into index funds (stocks and bonds) over time. It certainly beats doing several hours of work a week and then getting below average. It only makes sense to try to beat the average if you are really excited about stocks (it is your job or it is your primary hobby) and you have enough capital where getting that extra +3% return over the average is significant (otherwise, just work more on your day job and you'll make more money through wages). I really cannot stress the last point enough, I know some people who are very smart and they do a lot of research on the market, and they get pretty good percentage returns. So you have to be cheap as hell or rich as hell before it makes sense to invest your own money. Otherwise, you'll spend 20-30 hours a week researching to make a few thousand dollars more than the index over a year (which consequently gets spent on celebratory drinking or something, so it never compounds). Not a wise way to spend your time.\""}
{"_id": "584032", "title": "", "text": "No reason why you can't keep that business there, and expand in arizona, You just need to find employees willing to do the work, get some insurance, business processes down on paper etc... Think of it like a franchisee... they down own mcdonalds (just as an example) but they have a stable income with their investment..."}
{"_id": "584036", "title": "", "text": "Surely because higher education participation has increased there are a larger number of students with debt which means less demand for absurdly priced homes which means prices will drop to affordable levels.  But we can't talk about markets working normally when it comes to home prices which always remain high! Right?"}
{"_id": "584046", "title": "", "text": "Keyless entry and stereo are the only items that come to mind on that list as having after-market potential. If you buy a used car, seat could be an option, but you would probably give up power controls and things like heating unless you are a real car guy. In general, if you're buying a new car, I think it makes sense to negotiate as much as possible during the sale. Accessories are always high margin, and you have leverage when you're buying the car. If you want fancy aftermarket stuff, you probably want to buy a nice, clean used car and fund your aftermarket stuff with the savings!"}
{"_id": "584061", "title": "", "text": "\"They may be downvoting you because you come across as an abrasive, self-important prick - however this may be an act as it seems you have a huge inferiority complex, as shown by your desperation to prove yourself to a bunch of strangers on a website.  We get it: you are an \"\"outstanding candidate,\"\" you work harder than anyone else, your wife is the best wife, everyone else is lazy and stupid.  You are a valuable person.  Now you can STFU.\""}
{"_id": "584074", "title": "", "text": "There are no clear guidelines. If you are selling as individual, then what ever profit you make gets added to your overall income as you pay tax accordingly. This is true for sole proprietor or partnership kind of firms. If you are registered as a Company, the profits are taxed as business income. There may be VAT and other taxes. Please consult a CA who can guide you in specifics as for eCommerce, there is no defined law and one has to interpret various other tax laws."}
{"_id": "584083", "title": "", "text": "My primary concerns. There seems to still be a fair bit of distressed property (forclosures etc) on the market at current, which might well keep prices down for the next year or so that it takes to finish flushing that stuff out of the market.  The gist I get from most experts/pundits is that There will be good deals around for while to come still I'd advise you wait.  Go ahead and do the math to figure out what total you WOULD be paying would be, and charge yourself that much a mohth for rent in your current place, pocketing the difference in a savings account.  You'll be able to get a feeling for what it's like to live with that kind of house payment, and if you can do it sans any room-mate (something you can't always count on)  If you can manage it, then you have a much more realistic idea of what you can afford, AND you'll have saved up a bunch of money to help with a down-payment in the process.  If for example your Mortgage plus taxes and insurance ends up running around say $1450 a month, plus another $150 for the HOA, well then, that's charging yourself $1600 a month for your 'rent' which means $1000 per month going into the bank, in two years that's nearly the same as what you have now in the $401K, and you'd have a really good idea if you can afford that much per month in housing costs. If you are bound and determined to do this now, then here's a few other things to consider. You might to shop around a bit to see how typical those HOA fees are.   Yeah you don't have the expense and hassle of needing to mow the lawn, paint the place etc  but still,  150 a month translates to around another 1.5 mortgage payments a year. You might be able to get around PMI by splitting the mortgage into two pieces and doing a 'purchase money second' of around 15-20% and 75-70% of the value for the main mortgage.  That way the LoanToValue on your primary loan is under 80%, which could be worthwhile even if the interest rate on that second loan is a little higher (at least it's deductible, paying PMI is just money lost to you) although trying to do any kind of creative financing these days is a lot trickier"}
{"_id": "584090", "title": "", "text": "An alternative options strategy to minimize loss of investment capital is to buy a put, near the money around your original buy price, with a premium less than the total dividend. The value of the put will increase if the stock price falls quickly. Likely, a large portion of your dividend will go towards paying the option premium, this will however ensure that your capital doesn't drop much lower than your buy price. Continued dividend distributions will continue to pay to buy future put options. Risks here are if the stock does not have a very large up or down movement from your original buy price causing most of the dividend to be spent on insuring your position. It may take a few cycles, but once the stock has appreciated in value say 10% above buying price, you can consider either skipping the put insurance so you can pocket the dividend, or you can bu ythe put with a higher strike price for additional insurance against a loss of gains. Again, this sacrifices much of the dividend in favor of price loss, and still is open to a risk of neutral price movement over time."}
{"_id": "584099", "title": "", "text": "We at doylesailstasmania.vendecommerce.com offer a range of top quality sailing equipment at affordable costs. We also provide Dr sail composite repair a brand new adhesive product designed to get you out of trouble like ripped sail, hull and deck delamination. Contact today for more details!"}
{"_id": "584106", "title": "", "text": "If you want the new car, pay cash for it. Here's why: By paying cash for the car, you immediately save $2,500 off the price of the car. That is not insignificant, it's 8.3% off.  By paying cash, you'll never be upside down on the car, and you can sell the car anytime you want.  You said that all you need to do is beat the 0.9% interest rate with your investment to come out ahead. That doesn't take into account the discount you would have gotten by paying cash. $30,000 invested for 5 years at 1.6% (rough estimate) would get you $2,500 (the discount), so the rate you need to beat to come out ahead is actually 2.5%. Still doable, but it is much less of a sure thing on a 5 year investment, and much less worth the trouble.  New cars are an expensive luxury. If you are wealthy enough, a new car certainly can be appropriate for you. However, if you don't like the idea of paying $30k in cash all at once, that is a strong indication that perhaps the new car is a luxury you aren't in a position to buy at this time. Borrowing the money and paying for it over time makes it psychologically easier to over spend on transportation."}
{"_id": "584115", "title": "", "text": "Then we should create a derivative that allows people to bet on the bond failing, and package tons of them into securities, which you can swap for cash. You're swapping a bet on someone defaulting on their credit... Swapping a credit default... Hmm... I don't see this going wrong in any way."}
{"_id": "584128", "title": "", "text": "Vanguard (and probably other mutual fund brokers as well) offers easy-to-read performance charts that show the total change in value of a $10K investment over time.  This includes the fair market value of the fund plus any distributions (i.e. dividends) paid out.  On Vanguard's site they also make a point to show the impact of fees in the chart, since their low fees are their big selling point. Some reasons why a dividend is preferable to selling shares: no loss of voting power, no transaction costs, dividends may have better tax consequences for you than capital gains. NOTE:  If your fund is underperforming the benchmark, it is not due to the payment of dividends.  Funds do not pay their own dividends; they only forward to shareholders the dividends paid out by the companies in which they invest.  So the fair market value of the fund should always reflect the fair market value of the companies it holds, and those companies' shares are the ones that are fluctuating when they pay dividends. If your fund is underperforming its benchmark, then that is either because it is not tracking the benchmark closely enough or because it is charging high fees.  The fact that the underperformance you're seeing appears to be in the amount of dividends paid is a coincidence. Check out this example Vanguard performance chart for an S&P500 index fund.  Notice how if you add the S&P500 index benchmark to the plot you can't even see the difference between the two -- the fund is designed to track the benchmark exactly.  So when IBM (or whoever) pays out a dividend, the index goes down in value and the fund goes down in value."}
{"_id": "584131", "title": "", "text": "The technical term of a recession is 2 successive quarters of negative GDP growth. As is the natural cycle, the curve will invert at some point in the future; maybe it's tomorrow or 5 years from now - but nobody knows for certain. One also shouldn't take any single indicator as the end all be all of indicators. For example, there are other spreads that indicate the health of credit in the global economy such as the TED spread and the LIBOR-OIS spread. If you take a peek at the TED spread (http://www.macrotrends.net/1447/ted-spread-historical-chart), it tells a much different story. The TED spread measures the health of the global banking system by tracking the rate at which banks lend to each other. A lower TED rate equals more trust and perceived creditworthiness of the borrower, which would be another bank.  Lastly, you really can't rely on a single article or single indicator to come to the conclusion that the sky is falling. Even if we are on the precipice of a recession here in the US, nobody can tell predetermine the impact and depth of the recession. In my opinion, we are nearing the top of the credit cycle and should be expecting a bit of a cooling off in the near term 1-3 years. Outside of that, your guess is as good as mine."}
{"_id": "584132", "title": "", "text": "\"Here are some reasons why it is advantageous to hold a portion of your savings in other countries: However, it should be noted that there are some drawbacks to holding funds in foreign banks: Don't worry; I haven't forgotten about the elephant in the room.  What about tax evasion and money laundering? In general, simply transferring funds to a foreign jurisdiction will do nothing to help you evade taxes or hide evidence of a crime.  Pretty much any method you can think of to transfer money is easily traceable, and any method that is difficult to trace is either illegal or heavily-regulated, with stiff penalties if you get caught. There are a few jurisdictions that have very strict banking privacy laws (the Philippines, for example).  If you can somehow get the money into a bank account in one of these countries, you might be OK... at least, until that country's government decides (or is pressured) to change its banking privacy laws. But, what would you actually do with that money?  Unless you want to go live in that country, you're going to have to transfer the funds out to spend them, and now you're right back on the radar \u2014 except now it's even worse, because the fact that the funds come from a suspicious jurisdiction will automatically cause your transfer to get flagged for investigation! This is where money laundering comes into play.  There are lots of ways to go about this (exceptionally illegal) activity, many of which do not involve banks at all (at least, not directly).  How money laundering works is outside the scope of this question, but in case you are curious, here are a couple of articles about the \"\"dark side\"\" of finance: In short, if you want to break the law, opening a foreign bank account isn't going to help much.  In fact, the real crime is that offshore banking has such a criminal reputation in the first place! That said, it is possible to create legal distance between yourself and your money by using a corporate structure, and there are legitimate reasons why you might want to do this.  Depending on which jurisdiction(s) you are a tax resident of, you can use this method to: Exactly how to do this is outside the scope of this question, but it's worth thinking about, especially if you have an interest in geopolitically diversifying your financial assets. If you're interested in learning more, I came across a pretty comprehensive article about Offshore Basics that covers how and why to set up offshore legal structures. (and yes, that makes now 4 links from the same site in one post! I promise it's just a coincidence; see disclaimer below) I am a US citizen with bank accounts in several countries (but not Switzerland; there are far better options out there right now). I have no affiliation with the website linked in this answer; while I was doing research for this answer, I found some really good supporting content, and it all just happened to be from the same source.\""}
{"_id": "584135", "title": "", "text": "\"I personally think that this is how IPOs are going to work going forward. Company ownership trading will happen behind closed doors, then the hype is built in the limelight way above expectations, then the over valued IPO will drop allowing the backroom deal makers to cash out of the company,   The problem isn't social networking, it is \"\"the next big thing\"\" mindset of Wall Street\""}
{"_id": "584140", "title": "", "text": "&gt;If banks did not have a big brother to bail them out of loans that went bust whenever they wanted, they would be a lot more careful in who they loaned money to.    That's what they became, an avenue to offload risk.  The reason those banks were making bad loans was the high demand for trading in mortgage backed securities, not because Freddie and Fannie were there. They wanted to make those loans anyway, so there'd be more paper to trade. If you could transfer half of the risk of a loan you already knew was shitty to another entity, but still keep all the profits and fuck around with the derivatives, then of course you'll take full advantage.   The intention behind them was to help that margin of people that fell just below the banks' historically very high standards for home lending. Banks seek high profits. Fannie and freddie were to operate at break even or slim profit, but serve a population toward upward economic mobility(which benefits everyone). When the banks' lending standards dropped precipitously due to repeal of glass steagall, creation of new exotic financial instruments and appalling lack of regulatory enforcement, everything kind of went to shit.  In my view, they're much more a casualty that's become a scapegoat than a causal force."}
{"_id": "584147", "title": "", "text": "The author notes how high the current US Debt is, about $15.7 trillion dollars. (That's 15,700,000,000,000). In 2011, the entire US GDP was just over $15T.  You can research and find that many feel this ratio i.e. debt to GDP is a significant factor in a country's ability to pay its debt. We are still running a deficit this year, and the author points out that given these factors, he'd expect investors in US bonds to demand a higher return for their risk. On a lighter note, we've been watching our debt for decades. I am near 50, and remember seeing the debt clock when I was a teen. It's on a building in Manhattan on 44th street just west of 6th avenue. It's wasn't until the early 80's that our debt went over $1Trillion for the first time, and the clock itself needed to have more digits added to its structure. $999 billion was its limit."}
{"_id": "584160", "title": "", "text": "&gt;This means that you may be able to make about $120,000 per year, which isn\u2019t bad. Except you\u2019ll have expenses, like rent, transportation, repairs, supplies, computers and whatever else. Your expenses will probably run a few thousand a month, so let\u2019s assume **after expenses you\u2019re netting about $80,000**. Then there\u2019s taxes, and not just federal. There will be state, local, real estate, school, tolls, export, import, duties and those hard-to-understand fees on your cable bill. So lop about 30 percent off that $80K and you\u2019re down to a net living of $56,000.  $80,000 net income before taxes is quite good for a self employed individual.  I don't really see what the problem is.    His bit about taxes after that is completely irrelevant because you'll be paying federal and fica no matter what, plus state and real estate taxes if they apply to you."}
{"_id": "584170", "title": "", "text": "just FYI i have a simple account where you can generate a check to a person and they will send it via regular mail. this is not getting away from check but it makes process simpler of not writing a check and sticking a stamp and then putting it in a mailbox"}
{"_id": "584175", "title": "", "text": "\"As your financial situation becomes more complex, it becomes increasingly more difficult to keep track of everything with a simple spreadsheet.  It is much easier to work with software that is specifically designed for personal finances. A good program will allow you to keep track of as many accounts as you want.  A great program will completely separate the different account balances (location of the money) from the budget category balances (purpose of the money).  Let me explain: When you set up the software, you will enter in all of your different bank accounts with their balances.  Perhaps you have three savings accounts and two checking accounts.  It doesn't matter.  When you are done entering those, the software will total them up, and the next job you have is assigning this money into different budget categories: your spending plan.  For example, you might put some of it into a grocery category, some into an entertainment category, some will be assigned to pay your next car insurance bill, and some will be an emergency fund.  (These categories are completely customizable, and your budget can be as broad or as detailed as you wish.)  When you deposit your paycheck, you assign that new income into budget categories as well.  It doesn't matter at this point which accounts your money are located in; the only thing that matters is that you own this money and you have access to it.  Now, you might want to use a certain account for a certain budget category, but you are not required to do so.  (For example, your grocery category money will probably be in your checking account, since you will be spending from it regularly.  Your emergency fund will hopefully be in an account that earns a little higher interest.) Once you take this approach, you might find you don't need as many bank accounts as you thought you did, because the software does the job of separating your money into different \"\"accounts\"\" for different purposes. I've written before about the different categories of personal finance software.  YNAB, Mvelopes, and EveryDollar are three examples of software that will take this approach of separating the concepts of the bank account and the budget category.\""}
{"_id": "584187", "title": "", "text": "The amount you are earning in the savings account is insignificant, since you would only have the money in the account for 1 month after purchasing the car.  The instant 1.5% cashback (or travel mile reward), on the other hand, can be significant. However, it is not normal for a car dealership to allow you to put $16k on a credit card.  The reason is that the fees that the dealer has to pay to process your credit card would be too burdensome.  Car dealers have a much smaller profit margin on their sales than a typical retail store, so if the dealer has to pay 3 or 4% of the sales price in credit card fees, it just eats up too much of their profit. If the dealer does allow you to put the entire purchase price on a credit card, be aware that they have already factored in their processing fees into the price.  You might be able to get a better than 1.5% discount by offering to pay with cash instead."}
{"_id": "584218", "title": "", "text": "To be honest I don't know how any of this work in the US so my answer will be of very limited value to yourself, I suspect, but when it comes to the UK if you're going to get the same pay gross either way than being independent makes very little sense.  Running your own business is hassle, is generally more risky (although possibly not in your case) and costs money. Some of the most obvious costs are the added NI, probably the need for an accountant, at around \u00a31200 p/a for basic accountancy service, you are obliged by law to have liability insurance and you probably want professional indemnity insurance, this will be around \u00a3600 p/a minmum, and so on and so forth.  On top of that, oficially anyway, as a contractor, you really shouldn't be getting any benefits from the client, and so health insurance, company car, even parking are all meant to be arranged by, and paid by, your company, and can't (or rather - shouldn't) be charged to the client. So - I would say - if you're seriously thinking about setting up a consultancy company, and this client is first of many - set up a company, but take into account the sums you need to earn. If you're really thinking about employment - be an employee."}
{"_id": "584223", "title": "", "text": "There are options on options.  Some derivative instruments assets ARE options (some ETFs), and you are able to buy shares of those ETFs OR options on those ETFs.  Secondly, options are just a contract, so you just need to write one up and find someone to buy the contract. The only thing is that the exchange won't facilitate it, so you will have liquidity issues. What you want to do is a diagonal / calendar spread. Buy the back month option, sell the front month option, this isn't a foreign concept and nobody is stopping you.  Since you have extra leverage on your LEAPS, then you just need to change the balancing of your short leg to match the amount of leverage the leaps will provide. (so instead of buying,selling 1:1, you need to buy one leap and perhaps sell 5 puts)"}
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{"_id": "584231", "title": "", "text": "What is the formula for calculating the total cost of a loan with extra payments towards the principal? The formula you require is the standard one for calculating the time to repay.  With larger repayments the time to completely repay the loan is reduced. Where The total cost of the loan is then n * d. Explanation & Calculation The formula for a loan is derived from the sum of the cash flows discounted to present value being equal to the principal.  For further info see the section here titled: Calculating the Present Value of an Ordinary Annuity The summation can be reduced to a closed form by induction:  Rearranging for d and n With the OP's figures The original monthly repayment is $1,006.96 Adding $200 each month ... With the higher repayment the loan is repaid in 257.36 months instead of 360.  (Of course a bank would simply take a reduced payment in month 258, but the amounts work out the same.) The saving is $51,882.37 Addendum If the repayments increase was made part-way through the term of the loan the summation and formula would be  Where Then For example, if for the first ten years the payments are $1,006.96 and for the remaining time the repayments are $1,206.96 The loan is completely repaid in 302.528 months. The saving is Plotting over a range of m months:"}
{"_id": "584232", "title": "", "text": "\"The muni bond business .  Are you really too dumb to understand that's how he's referencing it in the article? He's not talking about a specific company or companies numbnuts he's talking about \"\"The business of muni bonds...i.e the total outstanding municipal bond market.\"\". Try some reading comprehension on for size.        To walk you through it there are multiple uses of the word 'business'.  Among them are the two you're having a real problem with in your reading comprehension.    1.  Business = Company:  I run a dry cleaning business.   2.  Business = Industry:  I am in the dry cleaning business.          What he is (clearly) referring to when he says \"\"a business worth $3.7 trillion\"\"  is \"\"business = industry\"\" in the second manner listed above. You're interpreting it as if he's claiming the first manner.  That's incorrect. Factually and grammatically incorrect.   Yours is the type of ignorance that morons on Reddit rely on to make their arguments work.  I'm done here with you since you don't seem to be able to parse out rudimentary information from an article.\""}
{"_id": "584237", "title": "", "text": "\"* Don't underestimate the power of facial recognition wizardry. * No, you don't have to show ID to activate the cards.  But keep in mind that they know which cards were activated.  There is a paper trail.  I'm sure Amex, Visa, MC would happily deactivate the cards for them.  Target just has to report that the cards were activated using fraud/theft. * If you took advantage of this \"\"deal\"\" your best bet is to get the prepaid credit cards and spend the money asap at another store (walmart) before they are deactivated.   * If indeed this legally is considered fraud, and they go after you for it, you could end up in a giant heap of trouble as many laws have been broken.  And, if you use any of the \"\"fraudulent\"\" CC's to make online purchases from a company in another state you could face even more federal charges.\""}
{"_id": "584238", "title": "", "text": "\"the state of New Mexico provides guidance in this exact situation. On page 4: Gross receipts DOES NOT include: Example: When the seller passes tax to the buyer, the seller should   separate, or \u201cback out\u201d, that tax from the total income to arrive at   \"\"Gross Receipts,\"\" the amount reported in Column D of the CRS-1 Form.   (Please see the example on page 48.) and on page 48: How do I separate (\u201cback out\u201d) gross receipts tax from total gross receipts?  See the following examples of how to separate the gross   receipts tax:  1) To separate (back out) tax from total receipts at the   end of the report period, first subtract deductible and exempt   receipts, and then divide total receipts including the tax for the   report period by one plus the applicable gross receipts tax rate.  For example, if your tax rate is 5.5% and your total receipts    including tax are $1,055.00 with no deductions or exemptions, divide   $1,055.00 by 1.055. The result is your gross receipts excluding tax   (to enter in Column D of the CRS-1 Form) or $1,000.  2) If your tax   rate is 5.5%, and your total gross receipts including tax are   $1,055.00, and included in that figure are $60 in deductions and   another $45 in exemptions:  a) Subtract $105 (the sum of your   deductions and exemptions) from $1,055. The remainder is $950. This   figure still includes the tax you have recovered from your buyers.  b) Divide $950 by 1.055 (1 plus the 5.5% tax rate). The result is   $900.47.  c) In Column D enter the sum of $900.47 plus $60 (the amount   of deductible receipts)*, or $960.47. This figure is your gross   receipts excluding tax.\""}
{"_id": "584241", "title": "", "text": "\"As others have mentioned, you avoid \"\"payroll taxes\"\" (Medicaid, Social Security, etc) by using pre-tax money rather than post-tax money. However, there is one benefit to getting your own privately held one: you can choose the service provider.  A previous employer's HSA charged $4/month, and did not allow me to invest in any funds unless I had over $4k in my account.  However, a single year's maximum contribution is less than $4k, so it was stuck in a money market account perpetually. The tax saving probably is larger than both your monthly fees and your investment gains, but the HSA provider's rules are another (fairly-opaque) consideration.\""}
{"_id": "584242", "title": "", "text": "\"1. (a) \"\"Kim Jong Un Inspects KPA Strategic Force Command\"\" by Korean Central News Agency (KCNA), originally published at http://www.kcna.kp on 15 August 2017: https://kcnawatch.co/newstream/1502749950-753062439/kim-jong-un-inspects-kpa-strategic-force-command/      Original text: https://www.reddit.com/r/worldpolitics/comments/6tqkgn/north_korean_leader_kim_jong_un_has_decided_not/dlmrnnt      (b) Mirror for the submitted article: https://archive.is/G32a2    2. (a) Where is Territory of Guam, United States of America (USA)? Where is Commonwealth of the Northern Mariana Islands (CNMI), USA?      \\- http://chamorrobible.org/images/chamorrobibleproject/map-west-pacific-islands-1998.jpg       \\- http://chamorrobible.org/images/chamorrobibleproject/map-federated-states-of-micronesia-1999.jpg         \\- http://chamorrobible.org/images/chamorrobibleproject/map-guam-1991.jpg      \\- http://chamorrobible.org/images/chamorrobibleproject/map-commonwealth-of-the-northern-mariana-islands-1989.jpg              \\- http://chamorrobible.org/images/chamorrobibleproject/map-oceania-2002.jpg      \\- [http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-other.jpg](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-other.jpg \"\"1346 x 2020\"\") ([via](http://chamorrobible.org/gpw/gpw-201304.htm), [2013 x 3020](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-medium.jpg), [2680 x 4020](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-large.jpg), [4014 x 6021](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-huge.jpg))       Source: http://chamorrobible.org and http://chamorrobible.org/gpw/gpw.htm      (b) Western Pacific Ocean sunset photographed from the International Space Station while orbiting above the Philippine Sea on 21 July 2003 at 10:17:20.420 GMT: [3032 x 1986 pixels](http://chamorrobible.org/images/photos/gpw-20050108-NASA-ISS007-E-10807-space-sunset-20030721-Pacific-Ocean-large.jpg)      Source: http://chamorrobible.org/gpw/gpw-20050108.htm      Via: http://chamorrobible.org/gpw/gpw-The-Great-Earthquake-and-Catastrophic-Tsunami-of-2004.htm  3. https://www.reddit.com/r/worldpolitics/comments/6nnhnl/one_of_just_17_remaining_colonies_worldwide_guam/dkasdpl   4. https://www.reddit.com/r/pics/comments/4zonlj/there_are_only_148_guam_kingfishers_known_in_the/d6xh2t9  5. https://www.reddit.com/r/environment/comments/6qqo3l/druglaced_mice_to_be_used_to_combat_brown_tree/dkz84p8  6. https://www.reddit.com/r/Anthropology/comments/6slxkq/3500_years_of_chamorro_history_its_like_an/dldpcqy  7. https://www.reddit.com/r/linguistics/comments/5b3iw1/our_language_isnt_dead_yet_by_michael_lujan/d9lfot8  8. \"\"Island Stealth: F-22A Raptors and a B-2 Spirit Over Guam, USA\"\" (Larger Version), April 2009: https://www.youtube.com/watch?v=kVP_8afut1s      Source: http://chamorrobible.org/gpw/gpw-200905.htm\""}
{"_id": "584258", "title": "", "text": "Yes this is a huge security loophole and many banks will do nothing to refund if you are scammed.  For example for business accounts some Wells Fargo branches say you must notify within 24 hours of any check withdrawal or the loss is yours.  Basically banks don't care - they are a monopoly system and you are stuck with them.  When the losses and complaints get too great they will eventually implement the European system of electronic transfers - but the banks don't want to be bothered with that expense yet.   Sure you can use paypal - another overpriced monopoly - or much better try Dwolla or bitcoin."}
{"_id": "584273", "title": "", "text": "By the phrasing of your question it seems that you are under the mistaken impression that countries are borrowing money from other countries, in which case it would make sense to question how everyone can be a borrower with no one on the other side of the equation. The short answer is that the debt is owed mostly to individuals and institutions that buy debt instruments. For example, you know those US savings bonds that parents are buying to save for their children's education? Well a bond is just a way to loan money to the Government in exchange for the original money plus some interest back later. It is as simple as that. I think because the debt and the deficit are usually discussed in the context of more complex macroeconomic concerns people often mistakenly assume that national debts are denominated in some shadow banking system that is hidden from the common person behind some red-tape covered bureaucracy. This is not the case here. Why did they get themselves into this much debt? The same reason the average person does, they are spending more than they bring in and are enabled by access to easy credit. Like many people they are also paying off one credit card using another one."}
{"_id": "584278", "title": "", "text": "Sorry, I don't think a bounty is the issue here. You seem to understand LTV means the bank you are talking to will lend you 60% of the value of the home you wish to purchase. You can't take the dollars calculated and simply buy a smaller house.  To keep the numbers simple, you can get a $600K mortgage on a $1M house. That's it. You can get a $540K mortgage on a $900K house, etc.  Now, 60% LTV is pretty low. It might be what I'd expect for rental property or for someone with bad or very young credit history. The question and path you're on need to change. You should understand that the 'normal' LTV is 80%, and for extra cost, in the form of PMI (Private Mortgage Insurance) you can even go higher. As an agent, I just sold a home to a buyer who paid 3% down.  The way you originally asked the question has a simple answer. You can't do what you're asking."}
{"_id": "584291", "title": "", "text": "You should not have to wait 3 days to sell the stock after purchase. If you are trading with a cash account you will have to wait for the sale to settle (3 business days) before you can use those funds to purchase other stock. If you meet the definition of a pattern day trader which is 4 or more day trades in 5 business days then your brokerage will require you to have a minimum of $25,000 in funds and a margin account."}
{"_id": "584295", "title": "", "text": "There are two terms that are related, but separate here: Broker and Market Maker.  The former is who goes and finds a buyer/seller to buy/sell shares from/to you.   The latter (Market Maker) is a company which will agree to partner with you to complete the sale at a set price (typically the market price, often by definition as the market maker often is the one who determines the market price in a relatively low volumne listing).  A market maker will have as you say a 'pool' of relatively common stock (and even relatively uncommon, up to a point) for this purpose. A broker can be a market maker (or work for one), also, in which case he would sell you directly the shares from the market maker reservoir.  This may be a bad idea for you - the broker (while obligated to act in your interest, in theory) may push you towards stocks that the brokerage acts as a market maker for."}
{"_id": "584304", "title": "", "text": "\"You don't state a long term goal for your finances in your message, but I'm going to assume you want to retire early, and retire well. :-) any other ideas I'm missing out on? A fairly common way to reach financial independence is to build one or more passive income streams.  The money returned by stock investing (capital gains and dividends) is just one such type of stream.  Some others include owning rental properties, being a passive owner of a business, and producing goods that earn long-term royalties instead of just an immediate exchange of time & effort for cash.    Of these, rental property is probably one of the most well-known and easiest to learn about, so I'd suggest you start with that as a second type of investment if you feel you need to diversify from stock ownership.  Especially given your association with the military, it is likely there is a nearby supply of private housing that isn't too expensive (so easier to get started with) and has a high rental demand (so less risk in many ways.)   Also, with our continued current low rate environment, now is the time to lock-in long term mortgage rates.  Doing so will reap huge benefits as rates and rents will presumably rise from here (though that isn't guaranteed.) Regarding the idea of being a passive business owner, keep in mind that this doesn't necessarily mean starting a business yourself.  Instead, you might look to become a partner by investing money with an existing or startup business, or even buying an existing business or franchise.  Sometimes, perfectly good business can be transferred for surprisingly little down with the right deal structure. If you're creative in any way, producing goods to earn long-term royalties might be a useful path to go down.  Writing books, articles, etc. is just one example of this.  There are other opportunities depending on your interests and skill, but remember, the focus ought to be on passive royalties rather than trading time and effort for immediate money.  You only have so many hours in a year.  Would you rather spend 100 hours to earn $100 every year for 20 years, or have to spend 100 hours per year for 20 years to earn that same $100 every year? .... All that being said, while you're way ahead of the game for the average person of your age ($30k cash, $20k stocks, unknown TSP balance, low expenses,) I'm not sure I'd recommend trying to diversify quite yet. For one thing, I think you need to keep some amount of your $30k as cash to cover emergency situations.  Typically people would say 6 months living expenses for covering employment gaps, but as you are in the military I don't think it's as likely you'll lose your job!  So instead, I'd approach it as \"\"How much of this cash do I need over the next 5 years?\"\"  That is, sum up $X for the car, $Y for fun & travel, $Z for emergencies, etc.  Keep that amount as cash for now. Beyond that, I'd put the balance in your brokerage and get it working hard for you now.  (I don't think an average of a 3% div yield is too hard to achieve even when picking a safe, conservative portfolio.  Though you do run the risk of capital losses if invested.)  Once your total portfolio (TSP + brokerage) is $100k* or more, then consider pulling the trigger on a second passive income stream by splitting off some of your brokerage balance.  Until then, keep learning what you can about stock investing and also start the learning process on additional streams.  Always keep an eye out for any opportunistic ways to kick additional streams off early if you can find a low cost entry.   (*) The $100k number is admittedly a rough guess pulled from the air.  I just think splitting your efforts and money prior to this will limit your opportunities to get a good start on any additional streams.  Yes, you could do it earlier, but probably only with increased risk (lower capital means less opportunities to pick from, lower knowledge levels -- both stock investing and property rental) also increase risk of making bad choices.\""}
{"_id": "584305", "title": "", "text": "\"You won't be able to sell the car with a lien outstanding on it, and whoever the lender is, they're almost certain to have a lien on the car.  You would have to pay the car off first and obtain a clear title, then you could sell it. When you took out the loan, did you not receive a copy of the finance contract?  I can't imagine you would have taken on a loan without signing paperwork and receiving your own copy at the time.   If the company you're dealing with is the lender, they are obligated by law to furnish you with a copy of the finance contract (all part of \"\"truth in lending\"\" laws) upon request.  It sounds to me like they know they're charging you an illegally high (called \"\"usury\"\") interest rate, and if you have a copy of the contract then you would have proof of it.  They'll do everything they can to prevent you from obtaining it, unless you have some help. I would start by filing a complaint with the Better Business Bureau, because if they want to keep their reputation intact then they'll have to respond to your complaint.   I would also contact the state consumer protection bureau (and/or the attorney general's office) in your state and ask them to look into the matter, and I would see if there are any local consumer watchdogs (local television stations are a good source for this) who can contact the lender on your behalf.  Knowing they have so many people looking into this could bring enough pressure for them to give you what you're asking for and be more cooperative with you. As has been pointed out, keep a good, detailed written record of all your contacts with the lender and, as also pointed out, start limiting your contacts to written letters (certified, return receipt requested) so that you have documentation of your efforts. Companies like this succeed only because they prey on the fact many people either don't know their rights or are too intimidated to assert them.  Don't let these guys bully you, and don't take \"\"no\"\" for an answer until you get what you're after. Another option might be to talk to a credit union or a bank (if you have decent credit) about taking out a loan with them to pay off the car so you can get this finance company out of your life.\""}
{"_id": "584313", "title": "", "text": "Does any investor seek a specific short investing strategy? I think most people who fork their money over to money managers don't understand a whole lot about markets.  The S&amp;P is a good bench because it shows how you could just shove your money into an ETF for 6.96% real gains/annually. It's a great comparison."}
{"_id": "584317", "title": "", "text": "\"In the US there isn't really an incentive to put supermarkets in shopping malls because there isn't really a shortage of \"\"real-estate.\"\"  The strip malls that are in trouble are the paved over ag fields built away from densely populated areas (that already have grocery stores within city limits).\""}
{"_id": "584322", "title": "", "text": "Utilities and cost of living vary from city to city but maybe not that much.  For basic planning purposes you can probably figure to spend as much as you are now, maybe a little more.  And adjust as needed when you get there.  (And adjust if, for example, you're moving from a very low cost of living area or to a very high cost of living area.) The cost of housing varies quite a bit from city to city, but you can do this research using Zillow, Craigslist, other places. Now, on to moving itself.  The cost of moving can vary hugely depending on how much stuff you have and how much work you want to do.  On the cheap end, you can rent a U-Haul or one of those portable boxes that they plant outside your old house and move for you.  You'll do all the packing/loading/unloading/unpacking yourself but it saves quite a bit of money.  My family and I moved from Seattle to California last year using one of those portable box places and it ended up costing us ~$1400 including 30 days of storage at the destination while we looked for a place.  We have a <1000 sq foot place with some furniture but not a huge amount and did all the packing/loading ourselves.  If we had wanted full service where people come pack, load, unpack, etc, it could have been 2-3x that amount.  (And if we had more stuff, it could have been a lot more expensive too.  Try not to acquire too much stuff as you just end up having to move it around and take care of it all!)  Your employer may cover moving expenses, ask about this when talking about job offers.  Un-reimbursed moving expenses are tax-deductible in the US (even if you don't itemize).   Since you're just starting out, your best bet is to overestimate how much you think things will cost, then adjust as you arrive and settle in for a few months.  Try to save as much as you can, but remember to have fun too.  Hope this helps!"}
{"_id": "584337", "title": "", "text": "It's provincial jurisdiction, so it can vary by province.  In Manitoba, it's different when an employee quits vs. being terminated: Quiting: Being terminated: Edit:  At least in Manitoba, according to the above link, an employer can't set different notice periods. Effective April 30, 2007, employers   cannot have alternate notice policies.   A notice policy set under the previous   legislation is not valid. The only   exclusion is a unionized workplace,   where a collective agreement has a   probationary period that is one year   or less. Ontario, on the other hand doesn't have anything legislated about resignation notice except under a couple very specific circumstances.  This leaves it open for contracts to put in place their own requirements.  In this case, you can be sued for provable losses (minus the savings from not having to pay you.)"}
{"_id": "584346", "title": "", "text": "So it still doesn't follow.  MCD is not going to outsource cashiers to India and it seems unlikely that people would leave IT jobs to work and MCD were there some salary parity.  Recommend that a better example is moving manufacturing jobs overseas to save on labor."}
{"_id": "584350", "title": "", "text": "\"When there is a trade the shares were both bought and sold. In any trade on the secondary market there has to be both a buyer and a seller for the trade to take place. So in \"\"lasttradesize\"\" a buyer has bought the shares from a seller.\""}
{"_id": "584388", "title": "", "text": "&gt; Currently many people are still getting virtually free healthcare as an untaxed employee benefit and therefore care nothing about anyone else.      If they only knew how much their salary increases are being eaten up by rising healthcare costs.  We are all paying for it."}
{"_id": "584391", "title": "", "text": "\"Practically, as an ebay buyer I have never seen any way to keep a balance in paypal and top it off from my bank account under my own control.  It is all automated, and as I seem to recall linking with a bank account or credit card was necessary to get some kind of \"\"confirmed address\"\" status out of Paypal so that eBay sellers would be more willing to trust me as a buyer and know that my shipping address was legitimate.  As a seller, I can keep a balance at paypal from eBay sales and ask for it back in my checking account instead of keeping it in paypal to purchase items later. In terms of advice, in my opinion the paypal transfer limits or how to set them is not the answer needed to protect one's finances in this situation.   In an error or cyberattack scenario, you have to consider the possibility that any limits are exceeded.  When your online activity of any kind is linked to a bank account, any amount in that linked bank account is probably at risk.  It doesn't really matter if it is paypal, or a server rental account, or amazon.  If it can be abused, and it is linked to your bank account, then someone might abuse it and leave you with a bill. That you might be ultimately victorious is of little consequence if someone steals money you really needed right now and the devotion of time and energy to \"\"work the bureaucracy\"\" to get your money back will distract from performance at work or school. So the next step up in protection is to firewall the bank account you use for online purchases from your other bank accounts where your salary is received.  The best way to do it is with different banks instead of merely different accounts, but that is also the most inconvenient for filling the account back up.   Nowadays -- at least in the USA -- at several banks you can open a \"\"free\"\" checking account for a minimum deposit like $500 or $1000 that must stay in the account to be fee free at the end of each month.  Whatever balance you keep in the account you use for your \"\"risky\"\" online transactions will be the maximum that can disappear in an incident, downside being you have to feed the account from time to time to keep it above the minimum as you make purchases.\""}
{"_id": "584401", "title": "", "text": "The board refuses to fire him because he is also the majority shareholder and main creditor, so really other stockholders are just in his private play to extract money out of a great pubco tanker he has been running aground."}
{"_id": "584412", "title": "", "text": "At present, Australia is looking like a good bet.  I'll need to find a new job as part of the move.  The problem with waiting until after things fall apart to move is that it may no longer be easily possible, and even if it is possible to leave, it may not be possible to take wealth out of the country.  It would not surprise me at all for instance, to discover after high double digit inflation starts, that it was difficult to move precious metals out of the country.    There is a distinct possibility that the government might choose to seize precious metals even from people not leaving.  It wouldn't be the first time in US history that it was illegal for US citizens to own gold and silver (for those owning coins minted after 1933, the government could instead choose to redeem them at face value - i.e., a $20 gold piece for $20)."}
{"_id": "584416", "title": "", "text": "\"You're the one swearing and making ad hominem attacks against some anonymous person on the internet. I don't think you'd win the contest of \"\"who's being unreasonable\"\" here.  And you still haven't explained what on earth could possibly replace the concept of government.\""}
{"_id": "584419", "title": "", "text": "\"Bank of America has been selling off their local branches to smaller banks in recent years.  Here are a few news stories related to this: Along with the branch buildings, the local customers' savings and checking accounts are sold to the new bank.  It is interesting that you were told that your savings account is being sold, but that your checking account will remain with BofA.  I guess it depends on the terms of the particular sale. Here are your options, as I see it: Let the savings account move to the new bank, and see what the new terms are like.  You might actually like the new bank.  If you don't, you can shop around and close your account at the new bank after it has been created. Close your account now, before the move.  If you have a different bank you'd like to move to, there is no need to wait. Since your checking account is apparently staying with BofA, you could move all your money from your savings account to your checking account, closing your savings account.  Then after \"\"mid August\"\" when the local branch switches to the new bank and everyone else's savings account has moved, you can call up BofA and tell them you want to move some of the money from your checking account into a new savings account. If you really have your heart set on staying with BofA, option 3 looks like a good, easy choice. To address your other concerns: Bank of America is a big credit card company, so I doubt that your credit card is being sold off.  Your credit card account should stay as-is.  Even if your savings account and checking account are at a different bank, there is no need to switch credit cards. Your savings and checking accounts have nothing to do with your credit report or score, so there is no concern there.  If you end up wanting to switch to a new credit card with a different bank, there are minor hits to your credit score involved with applying for a new card and closing your current card, but if I were you I would not worry about your credit score in this.  Switch credit cards if you want a change, and keep your credit card if you don't.\""}
{"_id": "584450", "title": "", "text": "\"On mint, you can create your own tags for transactions.  So, you could create a tag called \"\"reviewed\"\" and tag each transaction as reviewed once you review it.  I've done something similar to this called \"\"reimbursable expense\"\" to tag which purchases I made on behalf of someone else who is going to pay me back.\""}
{"_id": "584478", "title": "", "text": "\"&gt; I spent 2+ years building a business that now brings me \"\"passive income\"\"  There is a distinction between putting a lot of hours into building a semi autonomous business and having your Accountant and Tax Lawyer find legal loopholes so you can avoid millions of dollars of debt again and again.  I'm not sure where you disagree with me. Do you not believe it is preferable that people earn a living by providing a product or service of value, rather than manipulating financial tools and laws?  What would become of an economy if 50% of a population decided  they didn't like working and so took up speculating stock prices full time?  Yes, it is \"\"smart\"\" to abuse every existing loophole, but it is not ethical and it is certainly not sustainable without being to the detriment of others. I prefer a system where people have integrity and where manipulating others is looked down upon, rather than admired.\""}
{"_id": "584479", "title": "", "text": "I'm a bit skeptical of some of the views the author states, in particular:  &gt; The likelihood of executing a trade at the best price depends on the length of the queue to buy or sell and the incentives to trade. Longer queues lead to longer delays to execute a trade. Delays typically lead to worse outcomes. Quite simply, it makes no sense to wait on a longer line to receive a worse execution.  Why would this be the case? If anything, I'd think that forcing through too many orders at once risks price slippage created by excess supply or demand. He argues that waiting in queue may impair price performance, but I'd think that possible favourable or adverse shifts in the price will average to zero over time.  If this is the case and they do average to zero, then I think funds are doing the savvy thing by putting relatively small, low-priority trades in to the flow at a rate that saves the most money on average. I can see why day traders may not be too thrilled with this, but that is such a small slice of the mutual fund/brokerage clientele.  In the broader picture, funds and brokerages are being squeezed so tightly on expense ratios that I'd think any cost saving/rebates they do get probably filter back to customers in the form of reduced fees. Take Robinhood as an example: they use their trading rebates to provide an extremely low cost trading platform for retail investors. That hardly seems unfair to me.  Any traders care to comment? This is all just speculation on my part and I've not looked at any time series data yet."}
{"_id": "584521", "title": "", "text": "Credit cards charge about 2% fee from merchants. This is already priced into the restaurant menu. Generally, dealing with cash will not cost the merchant significantly less since he needs to make more trips to the bank, pay fees for frequent cash deposits (banks charge per operation), and maintain a safe location for storage of that cash. Bottom line - I doubt it makes any significant difference to the restaurant owner."}
{"_id": "584523", "title": "", "text": "Well, my experience says otherwise.  I ran a micro hedge fund with just 100k... my prime broker and at least one other offered me information (what is the freakin term they used?  Uggh).  I heard from another micro hedge fund that they received good info from him.  As stated earlier, I would never trade on such info though."}
{"_id": "584531", "title": "", "text": "One strategy to consider is a well-diversified index fund of equities. These have historically averaged 7-8% real growth. So withdrawing 3% or 4% yearly under that growth should allow you to withdraw 30+ years with little risk of drawing down all your capital. As a bonus you're savings target would come down from $10 million to $2.5 million to a little under $3.5 million."}
{"_id": "584577", "title": "", "text": "TIL there are no jobs in high wage countries  &gt;These automatable jobs include positions like supermarket check-out clerks, who can be replaced by self-service checkout cashiers, and assembly-line workers in manufacturing plants, who can be replaced by robotic arms. Low-skilled workers, for the study, are defined as those who have a high school diploma or less.  If what the article is saying is true then the answer is compulsory higher education."}
{"_id": "584582", "title": "", "text": "As part of the cost benefit analysis, I would consider that the collections agency has often paid pennies on the dollar, so you can negotiate a lower amount if the bill is legitimate.  That may make paying the debt more attractive than fighting. If the bill is illegitimate then you would mainly consider what legal means they have to attempt to collect.  If they can put a lien on your property then you may want to settle it and avoid the hassle.  If all they can do legally is keep calling you and asking for the money, they may give up if you tell them that you have no intention of paying because you don't believe you owe anything and you look forward to telling them the same thing tomorrow, next week, and next year (followed by a change of subject--ask some personal questions and go into a discussion of the weather, etc.).  Whether they give up will depend on how strong they think their legal position is."}
{"_id": "584587", "title": "", "text": "\"Any one of your three options is viable and has its advantages and disadvantages. Personally, I would go for the used option, but I am can-do kind of person. If you don't like micro-managing a car, you may prefer leasing. A new car is sort of the middle of the road option. Leasing will be most expensive and most liability. If you have an accident, the leasing arrangements are designed to extract money from you... heavily. Even a minor accident can require you to pay for expensive repairs, usually much more expensive than if you had your own car fixed. So, not only will you pay more per month, but your accident liability will be a lot higher. With your own car, you will need to sell it (or bring it back to the UK) obviously. A used car will be the cheapest option. A non-descript used car from the local area can also make you \"\"blend in\"\" and be less like to be targeted by a criminal as an outsider. As long as you stay away from dealers and buy the car from a private person of good reputation, you have an odds-on chance of getting a decent car. Make sure you check out the person and make sure they are \"\"real\"\". Some dealers, called \"\"curbstoners\"\", try to pretend to be original owners. You can always spot such frauds because the title will be new. Make sure the same owner has had the car for at least 3-4 years and that it says that on the title. Also, try to buy from somebody who is financially well off--they have less reason to try to screw you. Students, people under 30 and working class are bad people to buy from. Married professionals over age 35 are the right kind of person to buy from.\""}
{"_id": "584590", "title": "", "text": "You've already received good advice here, pay off the highest rate card first, in this case the Best Buy card. I completely agree. To answer your question about the minimum payment, I can't guarantee that this is how Citi does it on your particular card, but several online calculators seem to use the following formula. Minimum Payment = Fees + (APR / 12) x Balance + 1% x Balance. I plugged in your numbers and got really close to the minimum payment you mentioned. I ran calculations for balances of 8,500 and 6,500 and got payments of $184 and $141. You can use this calculator to plug in some numbers for yourself. I found the formula on this page along with a reference stating that Citi uses the formula. Edited to Add: As Bruce Alderman mentioned in his answer, it's probably not a good idea to just pay the minimum. That calculator I linked to shows the difference between paying the minimum and even a small amount ($50 or so) more than the minimum every month. Something like the difference between 3 and 10 years."}
{"_id": "584594", "title": "", "text": "\"When I complained to some older, successful business owners at my synagogue that I couldn't afford anything better than a 1BR basement apartment in my city while making an $80k salary, they basically told me, \"\"If you can't stand the heat, get out of the kitchen.\"\"  Because obviously living in the city is a privilege of the rich rather than the *merely* upper-middle class.\""}
{"_id": "584595", "title": "", "text": "Huge gamer. But it isn't linked to gaming at all. It is linked to the issue of broadband in the U.S. Your water and Electricity are so cheap because those industries have been tightly regulated into very fixed rolls. Your Internet Service and Wireless are so expensive because they have not been.   Now think how easy your water and electricity is to use, do the companies dictate what containers you can use to collect water? Where you can store the water? Etc? Does the electric company tell you what type, for how long, and how many devices you can plug in to the service you pay for? no they don't outside of some regulations put in place for standardization and safety they are not allowed to dictate what you do with the service you pay for. This is the direct opposite of what ISP, Cable, and wireless providers do."}
{"_id": "584597", "title": "", "text": "Limited government people never liked Trump, though they may consider him a lesser evil than Hillary.  In any case, massive deficits are not a new thing, or a result of Trump's policies.  They go back to Bush's presidency, and lasted all through Obama's years. Blaming Trump for something with a decade of inertia after ten months in office, while being opposed strongly, is just partisan nonsense.  Trump got handed several wars, and a welfare state badly out of control. How is he supposed to fix that in 10 months? Why should we think Hillary would have if she was elected instead?"}
{"_id": "584606", "title": "", "text": "&gt; Because of this attitude, they then jump ship and work for somebody else.  You're saying they take the highest wage that someone will pay them?  What entitled little shits, acting as independent agents in the free market!  Someone should teach these young whippersnappers about adulthood..."}
{"_id": "584621", "title": "", "text": "This is a problem more than the first commenter realizes.  I have visited the UAE and marveled at the buildings in Dubai and Abu Dhabi.  Yesterday I learned that they have to get sand for their concrete from Australia! Just the waste in shipping sand. Then again they've got the money.  I knew like others, desert sand isn't useful for concrete.  Concrete is amazing stuff and under appreciated.  There is r/concrete where I read that modern Portland cement technology that's used in modern concrete uses far more heat to process than ancient Roman technology, the original concrete builders, and that the Romans made a longer lasting durable concrete. Modem concrete, like plastics, are not designed to last hundreds of years."}
{"_id": "584627", "title": "", "text": "the whole room basically jumped on me I really have an issue with this. Someone providing advice should offer data, and guidance. Not bully you or attack you.  You offer 3 choices. And I see intelligent answers advising you against #1. But I don't believe these are the only choices. My 401(k) has an S&P fund, a short term bond fund, and about 8 other choices including foreign, small cap, etc. I may be mistaken, but I thought regulations forced more choices. From the 2 choices, S&P and short term bond, I can create a stock bond mix to my liking. With respect to the 2 answers here, I agree, 100% might not be wise, but 50% stock may be too little. Moving to such a conservative mix too young, and you'll see lower returns.  I like your plan to shift more conservative as you approach retirement.   Edit - in response to the disclosure of the fees -  1.18% for Aggressive, .96% for Moderate I wrote an article 5 years back, Are you 401(k)o'ed in which I discuss the level of fees that result in my suggestion to not deposit above the match. Clearly, any fee above .90% would quickly erode the average tax benefit one might expect. I also recommend you watch a PBS Frontline episode titled The Retirement Gamble It makes the point as well as I can, if not better.  The benefit of a 401(k) aside from the match (which you should never pass up) is the ability to take advantage of the difference in your marginal tax rate at retirement vs when earned. For the typical taxpayer, this means working and taking those deposits at the 25% bracket, and in retirement, withdrawing at 15%. When you invest in a fund with a fee above 1%, you can see it will wipe out the difference over time. An investor can pay .05% for the VOO ETF, paying as much over an investing lifetime, say 50 years, as you will pay in just over 2 years.  They jumped on you? People pushing funds with these fees should be in jail, not offering financial advice."}
{"_id": "584633", "title": "", "text": "It seems that you're interested in an asset which you can hold that would go up when the gold price went down. It seems like a good place to start would be an index fund, which invests in the general stock market. When the gold market falls, this would mainly affect gold mining companies. These do not make up a sizable portion of any index fund, which is invested broadly in the market. Unfortunately, in order to act on this, you would also have to believe that the stock market was a good investment.   To test this theory, I looked at an ETF index fund which tracks the S&P 500, and compared it to an ETF which invests in gold.  I found that the daily price movements of the stock market were positively correlated with the price of gold. This result was statistically significant.  The weekly price movements of the stock market were also correlated with the price of gold. This result was also statistically significant.  When the holding period was stretched to one month, there was still a positive relationship between the stock market's price moves and the price of gold. This result was not statistically significant.  When the holding period was stretched to one year, there was a negative relationship between the price changes in the stock market and the price of gold.  This result was not statistically significant, either."}
{"_id": "584662", "title": "", "text": "I-series Treasury bonds are the closest thing you can get to an investment where your principal is guaranteed to be returned (even accounting for inflation).  https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm Treasury Inflation Protected Securities are another option, but if you have to sell before maturity then 'the market' may not pay you back your initial investment.  https://www.treasurydirect.gov/indiv/products/prod_tips_glance.htm"}
{"_id": "584685", "title": "", "text": "\"This is way too long for a comment, so I am posting this as an answer. My bet is that you're buying a new piano. It is the only instrument that makes sense. The rest of this answer are going to assume this, but this should apply well if you're going after a violin or marimba for example. For those readers that do not know, a piano is a very delicate and expensive music instrument. My piano is literally more expensive than my car. There are a lot of similarities in sales negotiation between buying a piano and buying a car. You may be surprised to know that the cost for the dealer to acquire a piano is only around half the listed price. Therefore, the salesperson has a lot of room to negotiate a sale price to you. This explains why he was able to make a good offer for the model you are not intending to buy. You are best by comparing the final sale price with other similar models in your region, or the exact model around your region, which you have already did. Those indicate the standard price in your negotiation. You described the dealer had the exact model you desire, only in different appearance. I assume you want a black color while they have a white or wood-pattern one in their showroom. Note, every piano is different. Even with the exact same model, there will be very slight differences in the tune and touch, since some processes are hand finished. (If you're buying a Steinway, treat each of them as an individual hand crafted art.) Play the exact instrument you will be buying before closing the deal. If they do not have your desired model in the showroom, ask for a visit to their inventory facility. Again, play the exact instrument, not a showroom model. Some dishonest dealers will have their showroom pianos regulated and tuned differently than the \"\"standard\"\" pianos from shipping. If you get an extremely good offer, proceed with caution. There may be defects in that particular instrument. Look for rust or oxidized layers on the strings. Look for groves in the hammers. Listen to clicking noises when playing the keys. These are signs that the instrument has been around for quite a while and they cannot sell it. You can also copy down the serial number and look up the manufacturing date online. Before you close the deal, ask for after-sale services. How many free tunings will they provide? Will they polish your piano after delivery? These are bargain chips you can use for final adjustment of the price.\""}
{"_id": "584702", "title": "", "text": "Since the article made it sound like the data was based on a self-selecting questionnaire and was not representative, I checked the source summary for more:  &gt;The 48th annual PDK survey is based on a random,representative, 50-state sample of 1,221 adults interviewed by cell or landline telephone, in English or Spanish, in April and May 2016.  Previously the Phi Delta Kappa/Gallup Poll, the survey now is produced for the association by Langer Research Associates of New York, N.Y.  http://pdkpoll2015.pdkintl.org/wp-content/uploads/2016/08/PDK2016PollExecutive-Summary.pdf  I think the political correlation is critical, as is mentioned in the article.  Support for Common Core standards is clearly a political issue as well as one driven by an initial confusion from parents seeing it for the first time, but with Democrats in favor at a rate of 53% and Republicans at 17%, issues like state's rights vs federal power seems like as much of a motivating factor as confusion over employing mental short-cuts when doing division."}
{"_id": "584715", "title": "", "text": "Should I seek a house on limited income? No. my income in intermittent Lenders want consistent income.  And a down payment. a little over 10 grand a year That's less than $1,000/month.  (I won't even ask whether or not it's after taxes.) https://www.investopedia.com/terms/d/dti.asp A debt-to-income ratio smaller than 36%, however, is preferable, with no more than 28% of that debt going towards servicing a mortgage.  Thus, you could hypothetically afford a $300 mortgage payment, which means -- ignoring mortgage insurance -- you can afford a $27,000 house."}
{"_id": "584725", "title": "", "text": "This case just proves that between Google or the Chinese IT companies there isn't much difference at all; they are all the same, they both have ideologies and they enforce them. If you don't play along, you go to jail (China) or you  jut get fired (Google \\ US)."}
{"_id": "584732", "title": "", "text": "For comparison, US Auto sales figures for 2013:  Car Model | 2013 Sales  ---------|---------- Honda Accord (rank = #1) | 360,089 Toyota Camry (rank = #2) | 342,007  All GM Cars\\*\\* | 644,163 All Mercedes Benz cars | 106,047 All Volvo cars \\*\\* | 19,145 All Subaru cars\\*\\* | 149,282 All Mazda cars | 97,258 Forf F150 | 763,402  ^\\*\\* Excluding trucks and light trucks (SUVs)   The top selling vehicles in the USA for 2014 are the Ford F150 and the Chevy Silverado, both pickups, at 429,065 and 282,776 units, year to date.     sources:    http://www.bloomberg.com/news/2014-02-20/honda-says-accord-beat-camry-as-top-u-s-car-in-individual-sales.html   http://online.wsj.com/mdc/public/page/2_3022-autosales.html   http://www.npr.org/blogs/thetwo-way/2014/01/03/259395010/ford-tops-resurgent-u-s-car-industry-2013-sales-results-show"}
{"_id": "584735", "title": "", "text": "That's just a standard legal disclaimer. The company that makes them can't afford to put the devices through all the relevant testing to get it FDA approved.  There are thousands of people who ave these implants without any issues, and similar chips have been injected into millions of pets all over the world."}
{"_id": "584749", "title": "", "text": "Yes. The more money you put down = less money the bank needs to loan = greater chances of approval."}
{"_id": "584757", "title": "", "text": "\"What you're missing in the Planet Fitness model is that they *need* more people to be signed up than actually visiting the gym. Also, some of the items you grouped as \"\"fixed costs\"\" are actually variable - labor, equipment purchases.   PF depends on having more members than they have capacity. Only about 60% of members actually take advantage of their gym membership. Push that number to 90% and demand would far exceed capacity. People would be pissed and cancel their membership until demand dropped to a point where PF has the capacity. If this were to occur, PF would go out of business. Labor costs would increase, cleaning costs would increase, wear and tear and maintenance would increase.   PF depends on the 30-35% of people who don't use their membership to make their margin.\""}
{"_id": "584782", "title": "", "text": "How are home insurance companies going to pay for all the damage from the hurricanes? Are Allstate/Farmers/Etc. required to keep enough money liquid to pay 100+ billion in claims? Google results are  littered with angry articles related to healthcare companies, I'm struggling to find a legitimate answer on home insurance."}
{"_id": "584788", "title": "", "text": "\"**Protected class**  In United States federal anti-discrimination law, a protected class is a group of people with a common characteristic who are legally protected from discrimination on the basis of that characteristic. The following characteristics are \"\"protected\"\" by federal law:  Race \u2013 Civil Rights Act of 1964  Color \u2013 Civil Rights Act of 1964  Religion \u2013 Civil Rights Act of 1964  National origin \u2013 Civil Rights Act of 1964  Age (40 and over) \u2013 Age Discrimination in Employment Act of 1967  Sex \u2013 Equal Pay Act of 1963 and Civil Rights Act of 1964  The Equal Employment Opportunity Commission interprets 'sex' to include discrimination based on sexual orientation and gender identity     Pregnancy \u2013 Pregnancy Discrimination Act  Citizenship \u2013 Immigration Reform and Control Act  Familial status \u2013 Civil Rights Act of 1968 Title VIII: Housing cannot discriminate for having children, with an exception for senior housing  Disability status \u2013 Rehabilitation Act of 1973 and Americans with Disabilities Act of 1990  Veteran status \u2013 Vietnam Era Veterans' Readjustment Assistance Act of 1974 and Uniformed Services Employment and Reemployment Rights Act  Genetic information \u2013 Genetic Information Nondiscrimination Act  Individual states can and do create other classes for protection under state law.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"_id": "584796", "title": "", "text": "For the last few years around 2,500 metric tonnes of gold have been produced each year.  This is on top of existing supply of 160,000 metric tonnes.  Existing yearly production is around 1.5% of the existing supply. Charts from here."}
{"_id": "584801", "title": "", "text": "I use StockCharts for spread charting. To take your question as an example, here is the chart of Apple against Nasdaq."}
{"_id": "584808", "title": "", "text": "&gt; \u201cThere are still malls being built,\u201d Marcotte said. \u201cPredominantly outlet malls and lifestyle malls.\u201d The change may not affect all sectors of the mall economy evenly.  [Up to 25% of U.S. shopping malls may close in the next five years, report says] (http://www.latimes.com/business/la-fi-malls-closing-20170531-story.html)"}
{"_id": "584822", "title": "", "text": "Maduro's regime has enough problems that indirectly reducing inflation alone won't do much to keep him in power. But I don't see any moral argument for increasing harm in the short term to get people to support your side, which is also basically what Republicans want to do with health care, blow it up and hurt people then convince them to blame the other guy. And I'm not defending Maduro, he's gotta go. But the basis for criticizing the bond deal is still bad."}
{"_id": "584836", "title": "", "text": "The reason a company creates more stock is to generate more capital so that this can be utilized and more returns can be generated. It is commonly done as a follow on public offer. Typically the funds are used to retire high cost debts and fund future expansion. What stops the company from doing it?   Are Small investors cheated?   It's like you have joined a car pool with 4 people and you are beliving that you own 1/4th of the total seats ... so when most of them decide that we would be better of using Minivan with 4 more persons, you cannot complain that you now only own 1/8 of the total seats. Even before you were having just one seat, and even after you just have one seat ... overall it maybe better as the ride would be good ... :)"}
{"_id": "584842", "title": "", "text": "But there is only a very narrow number of people in china that even GET internet, let alone go around the government to to go facebook :P I was not saying internet is bad, im just saying if push come to shove you can be sure the gov will flip the switch very quickly in the name of freedom :P"}
{"_id": "584857", "title": "", "text": "I know!  Also, why don't people understand that there was nothing really wrong with Communism in Russia and China?  The only problem was that bad people like Mao and Stalin were in power.  The atrocities had nothing to do with Marxist thought at all.  If we just give Venezuela a bit more time I am sure they will make it work./s"}
{"_id": "584858", "title": "", "text": "Just depends. Our equities floor is traditional, offices with curtains, cubicles etc. our FI floor is open floor plan large desks 8 monitors each. That being said, the equity trading side looks like the FI. So anywhere with trading I guess it's more conducive to have the long desks."}
{"_id": "584860", "title": "", "text": "It's got to be a bad chunk of data on Google.  Yahoo finance does not show that anomaly for 1988, nor does the chart from Home Depot's investor relations site:"}
{"_id": "584868", "title": "", "text": "I remember the hay day of Nintendo, they always seemed to be number in my eye until the digital revolution of blue-ray and streaming and just making the video game console just a console for entertainment, that is when Nintendo fell behind. Either way, N64 over anything."}
{"_id": "584876", "title": "", "text": "However, if you did it to FINANCIAL flows - of which over 97% are purely speculative and not as services to the real economy - the tobin tax being an example - then you are bypassing the common economy and hitting the right target.  This also damps excessive volatility."}
{"_id": "584890", "title": "", "text": "What happened in the past, the rent you paid last year, is in the past.  You shouldn't be concerned with the percentage increase, but with whether you want that apartment at the new rent for the coming year.  If your rent had been half what it was last year and the new proposal were to double it, you would be outraged at the doubling, but really you got a steal last year.   Going forward, you have three options.  You can accept the new rent, you can decline it and move, or you can try to negotiate a better rate.  It sounds like the landlord is hoping you will find the hassle of moving enough to accept the new rent.  If you do negotiate, you should know what your preferred alternative is, which you should use to set your walkaway point.  If you make a counterproposal, it is often useful to show what a comparable apartment is renting for to justify the rent you suggest."}
{"_id": "584901", "title": "", "text": "News about a company is not the only thing that affects its stock's price. There is also supply and demand.  That, of course, is influenced by news, but it is not the only actor.  An insider, with a large position in their company's stock, may want to diversify his overall portfolio and thus need to sell a large amount of stock.  That may be significant enough to increase supply and likely reduce the stock's price somewhat. That brings me to another influence on stock price: perception.  Executives, and other insiders with large positions in their company's stock, have to be careful about how and when they sell some of that stock as to not worry the markets.  Many investors watch insider selling to gauge the health of the company. Which brings me to another important point.  There are many things that may be considered news which is material to a certain company and its stock.  It is not just quarterly filings, earnings reports and such.  There is also news related to competitors, news about the economy or a certain sector, news about some weather event that affects a major supplier, news about a major earthquake that will impact the economy of a nation which can then have knock-on effects to other economies, etc... There are also a lot of investors with varying needs which will influence supply and demand.  An institutional investor, needing to diversify, may reduce their position in a stock and thus increase supply enough that it impacts the stock's price.  Meanwhile, individual investors will make their transactions at varying times during the day.  In the aggregate, that may have significant impacts on supply and demand. The overall point being that there are a lot of inputs and a lot of actors in a complicated system.  Even if you focus just on news, there are many things that fall into that category. News does not come out at regular intervals and it does not necessarily spread evenly.  That alone could make for a highly variable environment."}
{"_id": "584908", "title": "", "text": "Only they didn't work a day in their lives they received an inheritance of blood money built on the backs of minorities and exploited people. It's not entitlement to expect a good life when we have the means and ability to provide it to everyone. These people have so much money they have a responsibility to help mankind with it instead of encouraging further exploitation."}
{"_id": "584917", "title": "", "text": "When you get into reading Revenue Rulings and Treasury Regulations - I'd suggest hiring a professional to do that for you. Especially since you also need to assure that the new stock does indeed qualify as QSBS. However, from the revenue ruling you quoted it doesn't sound like there's any other requirement other than reporting the subsequent purchase as a loss on your schedule D. I wouldn't know, however, if there are subsequent/superseding revenue rulings on the matter since 1998. Professional tax adviser (EA/CPA licensed in your State) would have the means and the ability to research this and give you a proper advice."}
{"_id": "584929", "title": "", "text": "It will be said that Delaware incorporation is a type popular technique of growing incorporation, for each; human beings residing in US or remote places. For example, Delaware incorporation is powerful to businesses that plan to provide their stocks to the public. Delaware incorporation is simply a whole lot easier and beneficial for groups as opposed to different country, due to these kinds of contributors. Another gain of Delaware incorporation is Delaware's comprehensive and frequently without problems interpretable law. Delaware incorporation is also useful due to the fact buyers and administrators could make selections by means of single posted approval in area of reputable meetings."}
{"_id": "584963", "title": "", "text": "Building tanks and helicopters is the use of the countries economic resources for goods that provide no net benefit to the economy beyond their construction price.  If, for example, the government wanted to stimulate the economy by spending $1 trillion on something, sure, the country's GDP would by definition increase by $1 trillion, and there'd probably be some multiplier effect by those workers now having additional money to spend on other goods.  There's also going to be some negative effects on other sectors of the economy because the prices for labor and raw materials will go up because of the increased demand from the government.  If the government is buying $100 billion in steel and aluminum, you can bet that the spot prices of steel and aluminum is going to jump up, squeezing any private industries that need to buy those resources.  Now the question is what do you spend that $1 trillion on to get the biggest bang for your buck.  Military hardware accomplishes the goal of having something disposable to buy with $1 trillion, but little additional benefit to the private economy.  If you instead spent $1 trillion on building infrastructure (bridges/roads/dams/pipelines/flood control), scientific research, or education, you've now generated goods that have their own intrinsic value to society beyond their cost - whether it be less traffic, new scientific discoveries, or a more educated workforce."}
{"_id": "584964", "title": "", "text": "\"Um, thats pretty much what I was saying. Pay your employees enough that they care to be pleasant and accurate, and watch business improve.  Pay slave wages and foster an environment of \"\"you are worthless and instantly replaceable\"\", and you get whay McDonald's has: a bad reputation and dropping profits.\""}
{"_id": "584998", "title": "", "text": "You can explore the scenarios in which it is better to rent or to buy using this application: http://demonstrations.wolfram.com/BuyOrRentInvestmentReturnCalculator/ In the possibly unlikely scenario shown below, at the term of the mortgage (20 years) the tenant and the buyer have practically the same return on investment.  At this point the tenant's savings would be sufficient to buy a house equivalent to the buyer's, and this would be the advisable course of action (based on the figures alone)."}
{"_id": "584999", "title": "", "text": "This is a general rule of thumb that has worked for myself, as well as my Father, Brother and Sister. We all own separate businesses. Mine is B2B, my Father is a freelance architect, my Brother is a plumber, my Sister is a CPA. This is pretty much standard practice for what is required from a franchisee for a franchiser, as well.  It may not apply to all businesses, but that can be easily determined by anyone reviewing this list, unless they're complete idiots.  So, thank you, Mr. Obvious."}
{"_id": "585007", "title": "", "text": "\"WHY? I've bought most of my clothing from Bonobos for the last few years, I guess I'll look elsewhere now.  &gt; Partnering with Walmart \u2014 the biggest bricks-and-mortar retailer around \u2014 might have seemed extremely off brand for Bonobos.  YES it is. And \"\"I think Walmart is misunderstood in some ways.\"\" isn't an explanation. Bonobos and Walmart are totally different in my mind, I can't imagine I'm the only Bonobos customer disappointed by this change.\""}
{"_id": "585022", "title": "", "text": "&gt; Why do people have such little financial control?  That's what the second half of the article is about. It's all psychology. I don't think there's anything inherently dumb about putting something on layaway. It can even be a useful tool for teaching people to save money for things. Think of it as spending $5 to train your brain to accept delayed gratification.  On the other hand, I know people who think that rent-to-own is a great way to get an awesome computer or TV for really cheap. Those people are idiots. Even if you tell them that they're paying 2-3x the regular price of the thing, it just doesn't register in their brain. They don't care. They want shit NOW."}
{"_id": "585023", "title": "", "text": "You'll have to file an amended tax return for that tax year. Filing an Amended Tax Return"}
{"_id": "585037", "title": "", "text": "Technically yes, but getting investigated also depends on the connection that can be established. If you learned something from information obtained at work or by affiliation (family/friend), you probably can't trade. If you (hypothetically) stumbled across information perhaps by eavesdropping or peeking on some stranger's conversation, it'd be hard to find the connection unless you went and told people how you came about it."}
{"_id": "585050", "title": "", "text": "&gt;keep the profit margin the most minimal as possible to gain customers over time  That's not the right way to go. The running for the lowest price is endless and no one is going to win.  What you have to do is establish your brand and charge a fair price for something that add value on people's life. If they think it's worth they will buy it. That's the best way to grow your ecommerce.  Shopify + Dropshipping is the easiest way to go. First what you need to do is find what you want to sell. Then name your store and create a good logo for it. Remember, you need to focus on establish your brand. Going for the lowest price not going to take you anywhere. They will just buy from you because it's cheap and sometimes not even that. You are selling the service not only the product. You can't charge too much but charge the lowest price is not good either.  1- $300 I think it's too much. I would charge you half of that if you were my client. It's easy but time consuming to set up a Shopify store (depending on how many items you would be selling). You need to be aware to banners, logo and social media at very beginning too. So it's not only the store itself.  2- If you are going for Shopify you don't need servers, vps... The Shopify will be your hosting. What you need would be mostly pay designer (logo, banners), apps (Upsell, hurrify, shipping...), domain and maybe someone to write your product description.  About how much would you get back it depends completely of what you are about to sell and how is the market for it. I work with digital marketing and wanted to test my entrepreneurship skills with e-commerce plus my marketing knowledge last week. Ended up making over $5,500 on the first 5 days selling in Brazil. Proof (http://imgur.com/a/zDmot)  But if you don't have any knowledge about it don't expect too much at very beginning. You probably won't sell anything or almost nothing on your first month based on some friends experiences.  3- That's true. I spend around $500-$600 to get more than $5,500 in sales in 5 days. They are mostly from Facebook Ads. Never tried any independent website and I don't think that's worth for a new E-commerce in my opinion. But again, if you don't have marketing knowledge you will spend a lot of money to make it worth for you. Here, I highly recommend you to hire someone to do it for you or teach you. That's sometimes an expensive service but better than what you would spend trying to learn/doing by yourself  Let me know if I can help you with your website or anything else. I have the knowledge but sometimes I don't know how to express myself. Hope I helped you."}
{"_id": "585100", "title": "", "text": "\"The dollar menu became the \"\"sort of a dollar, or maybe $1.39, or sometimes $1.49\"\" ... went tonight to get dinner for the family, buck doubles are $1.39 and the chicken is $1.69. I got so pissed at the price creep I drove down to Chik-fil-a. Paid more, but at least they don't constantly try to nickle and dime me.\""}
{"_id": "585118", "title": "", "text": "\"&gt; Defense counsel even made an issue of this at trial, implying to the jury that nobody would be dumb enough to commit a crime by phone when \"\"there was a big sticker on the phones that said all calls are being recorded,\"\" as Grimm's counsel, Mark Racanelli, put it. In fact, Racanelli argued, the conversations on the tapes hardly suggested a secret conspiracy, because \"\"no one was whispering.\"\"  &gt;But the reason no one was whispering isn't that their actions weren't illegal \u2013 it's because the bid rigging was so incredibly common the defendants simply forgot to be ashamed of it.  That last conclusion is very oversimplified and sort of speaks to the lack of vigor in the article.   The point is that companies being sued in this case, had their legal and compliance departments fully knowledgeable of the business.    Yes, the customers were knowingly being given a price lower than what they deserved.  ...but that's hardly criminal.\""}
{"_id": "585121", "title": "", "text": "\"Being self employed just means you fill out some more forms in your annual self assessment for your \"\"profit\"\" from being self employed.  Profit = all the money you receive, minus any tax deductible cost that you spent for making that money (and all the cost must be documented, which means you have a folder with all the receipts and keep it safe). You pay normal income tax on all the profit, which means it is just added to your taxable income. What you do with the profit is up to you; you don't pay yourself a salary, just take the money (make sure you leave enough to pay your taxes).\""}
{"_id": "585139", "title": "", "text": "I think you're looking for the public float: Public float or the unqualified term may also refer to the number of   outstanding shares in the hands of public investors as opposed to   company officers, directors, or controlling-interest investors.   Assuming the insider held shares are not traded, these shares are the   publicly traded ones. The float is calculated by subtracting   restricted shares from outstanding shares. As mentioned, Treasury stock is probably the most narrow definition of restricted stock (not publicly traded), but shares held by corporate officers or majority investors are often included in the definition as well. In any case, the balance sheet is indeed a good place to start."}
{"_id": "585144", "title": "", "text": "Plenty of people not from here see them - it's a huge part of our tourist industry. Same as SeaWorld for San Diego. I think it's underestimating kids to say they only care when something is in a tank, you should see them light up on whale watching tours."}
{"_id": "585147", "title": "", "text": "Tesla isn't *that* new.    Their roadster has been around for more than 8 years.   http://en.wikipedia.org/wiki/Tesla_Roadster#History  8 Years is more than enough time to work out the bugs.   Given the price and all of the media hype, I'd expect the Model S to at least *match* the experience of owning a BMW or a Lexus."}
{"_id": "585174", "title": "", "text": "This always happens with these types of liquidations though; it happened with Zellers, it happened with Target, and it is (or soon will be) happening to the Sears stores. Yet, somehow it works. The stores are often packed, people buy anything worth owning when it's close to regular price, and by the time you reach the &gt;60% off part of the sale, there's nothing left that's actually worth buying."}
{"_id": "585200", "title": "", "text": "Impossible to tell.  When companies merge, they generally seek to eliminate redundancies.  Some people will probably be laid off.  Just because you're low on the totem pole doesn't mean you will be laid off.  For example, if you work in maintenance, the homes will still need to be maintained - but the company might not want double the maintenance managers."}
{"_id": "585212", "title": "", "text": "But it's not tax evasion. They are trying to avoid the US's double dipping on foreign income -- an unjust tax if there ever was one. If the money is made overseas then the US government shouldn't have any right to it. I mean, they didn't build any of that infrastructure. That's the way it works in most countries. Their fair share is 0."}
{"_id": "585227", "title": "", "text": "&gt; There is only so much to go around and as the top 1% pulls more and more of it off, it leaves less for the rest  That is incorrect. The more we produce, the bigger the pie gets for everyone, as long as people are allowed to freely trade for the goods and services that they want.  The people that become very wealthy don't get that way by stockpiling their money. They get that way by investing. People are given an opportunity to create new ventures because of investors.  What I would like is for more people to be empowered through economic knowledge. I was never taught basic principles growing up and after learning on my own, I must admit, I'm a little vindictive about that. If people can learn the value of saving and investing their money and not making stupid financial decisions, they will be much better off."}
{"_id": "585236", "title": "", "text": "Simply because forex brokers earn money from the spread that they offer you. Spread is the difference between buyers and sellers. If the buy price is at 1.1000 and the sell price is at 1.1002 then the spread is 2 pips. Now think that this broker is getting spread from its liquidity cheaper (for example 1 pip spread). As you can understand this broker makes a profit of 1 pip for each trade you place... Now multiply 1 pip X huge volume, and then you will understand why most forex brokers don't charge commissions."}
{"_id": "585241", "title": "", "text": "There are several factors here. Firstly, there's opportunity cost, i.e. what you would get with the money elsewhere. If you have higher interest opportunities (investing, paying down debt) elsewhere, you could be paying that down instead. There's also domino effects: by reducing your liquid savings to or below the minimum, you can't move any of it into tax advantaged retirement accounts earning higher interest. Then there's the insurance costs. You are required to buy extra insurance to protect your lender. You should factor in the extra insurance you would buy vs the insurance required. Given that you can buy the car yourself, catastrophic insurance may not be necessary, or you may prefer a higher deductible than your lender will allow. If you're not sufficiently capitalized, you may need gap insurance to cover when your car depreciates faster than your loan is paid down. A 30 percent payment should be enough to not need it though. Finally, there's some value in having options. If you have the loan and the cash, you can likely pay it off without penalty. But it will be harder to get the loan if you don't finance it. Maybe you can take out a loan against the car later, but I haven't looked into the fees that might incur.  If it's any help, I'm in the last stretch of a 3 year car loan. At the time paying in cash wasn't an option, and having done it I recognize that it's more complicated than it seems."}
{"_id": "585247", "title": "", "text": "Exactly, if you can afford the rent on a $1500-2K a month apartment in SO-CA-TOA and were able to pass the credit check for it, no question you can afford a 30 year on a $250K house. Trouble is that $250K houses are now closer to $400-500K in the cities that pay enough for millennials to afford a $2K a month apartment."}
{"_id": "585254", "title": "", "text": "For me at least, comedy/entertainment and political issues are completely and in the most absolute terms mutually exclusive considerations. Namely, because comedians and entertainers have no idea what they're talking about when it comes to politics. Where is Jimmy Kimmels economics degree? What are Bill Nye's credentials in atmospheric science? I'll tell you where my economics degree is, in a bin on my dresser, after I earned it putting in year after year of 12+ hr days in the library studying statistical modeling, calculus, applied game theory and partial differential equations, as well as yield curve analysis, substitutibility in the bond and equities markets, and the impacts history, as well as cultural and legal institutions on market performance. Entertainers are nowhere even close to in the know about issues that effect real people. If I wanna know how to play pretend, then I'll go to a fucking actor. Actors aren't a source of information. They're monkies society puts in suits to laugh at.  Thats pretty a basic part of the legistlative process. That dude is an special interest advocate who's trying to put pressure on lawmakers to cut off a piece of the pie for x groups interest. Its a negotiating strategy, not an annoucement of whats in the bill.  What you did is disenfranchise yourself. What'd I say about going full retard? And seriously, where was your ass during the primaries? I'd really like to know."}
{"_id": "585257", "title": "", "text": "\"Went to a top tier business school in Canada and applied to corporate finance positions in the oil and gas industry while everyone else sucked cock to get in capital markets. Not only did half of them drop out trying, but I'm getting paid one of the highest intern rates in the country while working 8 hour 4 day work weeks because I combine my vacation and \"\"flex\"\" days to take every Friday off while they work 12 to 14 hrs daily for 75% of my take home.\""}
{"_id": "585269", "title": "", "text": "\"(Since you used the dollar sign without any qualification, I assume you're in the United States and talking about US dollars.) You have a few options here. I won't make a specific recommendation, but will present some options and hopefully useful information. Here's the short story: To buy individual stocks, you need to go through a broker. These brokers charge a fee for every transaction, usually in the neighborhood of $7. Since you probably won't want to just buy and hold a single stock for 15 years, the fees are probably unreasonable for you. If you want the educational experience of picking stocks and managing a portfolio, I suggest not using real money. Most mutual funds have minimum investments on the order of a few thousand dollars. If you shop around, there are mutual funds that may work for you. In general, look for a fund that: An example of a fund that meets these requirements is SWPPX from Charles Schwabb, which tracks the S&P 500. Buy the product directly from the mutual fund company: if you go through a broker or financial manager they'll try to rip you off. The main advantage of such a mutual fund is that it will probably make your daughter significantly more money over the next 15 years than the safer options. The tradeoff is that you have to be prepared to accept the volatility of the stock market and the possibility that your daughter might lose money. Your daughter can buy savings bonds through the US Treasury's TreasuryDirect website. There are two relevant varieties: You and your daughter seem to be the intended customers of these products: they are available in low denominations and they guarantee a rate for up to 30 years. The Series I bonds are the only product I know of that's guaranteed to keep pace with inflation until redeemed at an unknown time many years in the future. It is probably not a big concern for your daughter in these amounts, but the interest on these bonds is exempt from state taxes in all cases, and is exempt from Federal taxes if you use them for education expenses. The main weakness of these bonds is probably that they're too safe. You can get better returns by taking some risk, and some risk is probably acceptable in your situation. Savings accounts, including so-called \"\"money market accounts\"\" from banks are a possibility. They are very convenient, but you might have to shop around for one that: I don't have any particular insight into whether these are likely to outperform or be outperformed by treasury bonds. Remember, however, that the interest rates are not guaranteed over the long run, and that money lost to inflation is significant over 15 years. Certificates of deposit are what a bank wants you to do in your situation: you hand your money to the bank, and they guarantee a rate for some number of months or years. You pay a penalty if you want the money sooner. The longest terms I've typically seen are 5 years, but there may be longer terms available if you shop around. You can probably get better rates on CDs than you can through a savings account. The rates are not guaranteed in the long run, since the terms won't last 15 years and you'll have to get new CDs as your old ones mature. Again, I don't have any particular insight on whether these are likely to keep up with inflation or how performance will compare to treasury bonds. Watch out for the same things that affect savings accounts, in particular fees and reduced rates for balances of your size.\""}
{"_id": "585272", "title": "", "text": "Side note, does this opinion get written a lot.  Before he won, Before he was sworn in, after sworn in, Enter a milestone and it will happen right before it.    Not for or against Trump (lots to debate right), but they keep calling for the slump and I feel like they are hoping one time they are right to say see told ya."}
{"_id": "585278", "title": "", "text": "\"It will happen about 5 or 6 months before the tragedy that makes everyone wonder why the fuck we thought it was a good idea. The issue is not just computers being \"\"faster\"\", it is ow the receive and process information, the reliability of their sensors, how they react to conflicting information, etc, etc, etc.\""}
{"_id": "585282", "title": "", "text": "\"I think your confusion comes from the negative impact when a creditor writes off your bad credit and ceases attempting to collect it. \"\"Chargebacks\"\" as you call them are an attempt to undo fraudulent charges on your card, whether from stolen credit card info or from a merchant who is using shady business practices. For what it's worth, if you joined on December 20, January 20 seems like a reasonable date for the next billing cycle, with the December 31 date reflecting the fact that their system couldn't automatically bill you the day you joined. I also think it's reasonable for you to ask them to refund the bill for the second month if you do not plan to use their gym further. So the dispute seems like a reasonable one on both sides. Good luck.\""}
{"_id": "585288", "title": "", "text": "I also had a student loan and glad you are taking a good look on interest rate as it really makes a huge difference. One of the strategies I followed was since my credit improved as I stepped out of school. I took advantage of a good 0 percent credit card. I applied for discover and got a decent credit limit. There are 2 particular things you are looking for in a credit card in this situation  Usually the initial $0 transaction charge is only for a couple of months so ensure you take advantage of that. What is the benefit: Imagine being able to pay off that higher interest rate balance with 0% and not have to worry about it immediately. That way you save on the interest you would be paying and stress as well Watch out for: Although you have to ensure that you do payoff the money you paid through the 0 percent credit card ( which may have been put off for a year or even 15 months or so) other wise you may have to pay it all at once as the offer is expiring. Note: for credit cards ensure to note when the 0% is expiring as that is usually not mentioned on the statement and you may have to call the customer service. I was in a similar situation and was able to pay it all off fairly quickly. I am sure you will as well."}
{"_id": "585289", "title": "", "text": "Jual Obat Herbal Tbc Paru \u00bb Penyakit TBC paru mungkin kita sering mendengar mengenai penyakit ini. Apa itu penyakit TBC Paru ? Apa tanda-tanda awal serta ciri-ciri (gejala) yang biasa menjadi penyebab penyakit TBC ini ? Dan pada postingan kali ini kami akan membahas mengenai penyakit TBC Paru serta pengobatan paling mujarab untuk mengatasi penyakit tersebut."}
{"_id": "585315", "title": "", "text": "I don't want to be needlessly critical, but I think that you're being downvoted because of how unwieldy that source is. The writer struggles to communicate ideas and concepts clearly - his structures are needlessly verbose, to the extent that arriving at his conclusion in even a single sentence is like slogging through a certain legendary molasses flood.  I've dealt with technical language before (graduate economics-type stuff), and there are definitively good and bad ways of addressing dry, technical materials. If your material isn't interesting, then it should at least be clear. That blog post is neither (which is moderately surprising [or maybe it isn't?] considering his seniority at Microsoft)."}
{"_id": "585331", "title": "", "text": "I don't think J.C. Penny could be considered very high-end.  In most markets it's just a typical mall anchor store.  Sure, they are more upscale than Sears, but not as upscale as Macys.  Still, though, it's a solid chain with pretty quality merchandise."}
{"_id": "585332", "title": "", "text": "Auto insurance is a highly personalized item, so depending on your driving record and other factors, $600 a month for full coverage may be as good as you can get. Look at the premium for each category, and consider raising the deductible if you have some savings that could be used in the event that you have a claim. Also, you're not only buying insurance to cover the other person's damage and medical expenses, you're paying for insurance for your car.  Brand-new cars are more expensive to replace (and thus insure) than used cars. Leasing is effectively renting a car for a long period of time. While the payments are less, when the lease expires you're going to have to decide whether to give up the car or buying it, usually at a price much higher than market value.   I'm glad you discovered that the insurance would break your budget before it's too late.  My suggestion would be to look for a 1-2 year old car that's less expensive to buy and to insure."}
{"_id": "585341", "title": "", "text": "There seems to be no such information available. What is available is that number of claims are high and the Title Insurance companies have gone bankrupt as per the wikipedia article In 2003, according to ALTA, the industry paid out about $662 million in claims, about 4.3% percent of the $15.7 billion taken in as premiums. By comparison, the boiler insurance industry, which like title insurance requires an emphasis on inspections and risk analysis, pays 25% of its premiums in claims. However, no reference to the relationship between when claims are made and when policies are issued is found. As of 2008, the top three remaining title insurers all lost money, while LandAmerica went bankrupt and sold its title business to Fidelity http://en.wikipedia.org/wiki/Title_insurance#Industry_profitability The amount of premium received and claim made can be got from some of the companies balance sheet. For Fidelity its at http://www.investor.fnf.com/releasedetail.cfm?CompID=FNT&ReleaseID=363350 The article in here mentions the claims ratio as 5%. Refer http://www.federaltitle.com/blog/title-insuance-qaa"}
{"_id": "585356", "title": "", "text": "\"In the U.S., Form 1040 is known as the tax return.  This is the form that is filed annually to calculate your tax due for the year, and you either claim a refund if you have overpaid your taxes or send in a payment if you have underpaid.  The form is generally due on April 15 each year, but this year the due date is April 18, 2016. When it comes to filing your taxes, there are two questions you need to ask yourself: \"\"Am I required to file?\"\" and \"\"Should I file?\"\" Am I required to file? The 1040 instructions has a section called \"\"Do I have to file?\"\" with several charts that determine if you are legally required to file.  It depends on your status and your gross income.  If you are single, under 65, and not a dependent on someone else's return, you are not required to file if your 2015 income was less than $10,300.  If you will be claimed as a dependent on someone else's return, however, you must file if your earned income (from work) was over $6300, or your unearned income (from investments) was over $1050, or your gross (total) income was more than the larger of either $1050 or your earned income + $350.  See the instructions for more details. Should I file? Even if you find that you are not required to file, it may be beneficial to you to file anyway.  There are two main reasons you might do this: If you have had income where tax has been taken out, you may have overpaid the tax.  Filing the tax return will allow you to get a refund of the amount that you overpaid. As a student, you may be eligible for student tax credits that can get you a refund even if you did not pay any tax during the year. How to file For low income tax payers, the IRS has a program called Free File that provides free filing software options.\""}
{"_id": "585359", "title": "", "text": "Lmao I don't owe ungrateful little college students like you any advice on Reddit, there is very little posted on infra Ib here and if you want to learn about the industry go read II or casgrain lol, and if you want some advice from me here it is - stop being an entitled little bitch or you won't get very far in IB or in life"}
{"_id": "585372", "title": "", "text": "It would probably be smarter to keep Peter Thiel's interests and yours aligned.   Thiel is a real intellectual and tactical heavy hitter. He has a high success rate in varying complex industries. He controls Palantir. When he makes moves, he usually wins. Remember Gawker? Remember his over $1mm donation to Trump at the last minute? Everyone in the media, everyone in his silicon valley social circle thought there was no way Trump could win. Thiel saw differently, committed, and came out on top.   Its very hard to imagine his reasons for voting for Trump. But forgetting that you are there as a businessman and being petty against Thiel seems like a bad idea."}
{"_id": "585405", "title": "", "text": "Sure, but as a retail client you'd be incurring transaction fees on entry and exit. Do you have the necessary tools to manage all the corporate actions, too? And index rebalances?   ETF managers add value by taking away the monstrous web of clerical work associated with managing a portfolio of, at times, hundreds of different names. With this comes the value of institutional brokerage commissions, data licenses, etc. I think if you were to work out the actual brokerage cost, as well as the time you'd have to spend doing it yourself, you'd find that just buying the ETF is far cheaper.  Also a bit of a rabbit hole, but how would you (with traditional retail client tools) even coordinate the simultaneous purchase of all 500 components of something like SPY? I would guess that, on average, you're going to have significantly worse slippage to the index than a typical ETF provider. Add that into your calculation too."}
{"_id": "585419", "title": "", "text": "well,  only if you forget the 2006 tests on the 1999 samples that demonstrated that he was using EPO throughout that tour.  And Tyler Hamilton tells how they got away with it and tested clean,  it wasn't rocket science, and Armstrong had enough pull with the UCI to get a positive for EPO swept under the carpet.  Well, pull and $125,000."}
{"_id": "585422", "title": "", "text": "\"The different things in each calculator are showing you a bunch of different things. In the \"\"Roth IRA calculator\"\", it is comparing what you would have in the end after contributing and withdrawing from a Roth IRA, with what you would have in the end with a taxable account (i.e. an investment outside of any IRAs). In the \"\"Traditional IRA calculator\"\", the \"\"IRA after taxes\"\" shows you what you would have in the end after contributing and withdrawing from a pre-tax Traditional IRA. The \"\"IRA before taxes\"\" simply shows the same amount before you pay the taxes on withdrawal, which is not a useful number. So if you want to compare Roth IRA vs. Traditional IRA, you want to compare the \"\"Roth IRA\"\" from the Roth IRA Calculator and the \"\"IRA after taxes\"\" from the Traditional IRA calculator, but there are some things you need to be aware of to make a fair comparison, because if you just plug in the same numbers you are going to get a very unfair comparison (it will look like Roth IRA is a lot \"\"better\"\" even though it's not). The Roth IRA contribution is after-tax, whereas a (pre-tax) Traditional IRA contribution is pre-tax, and an after-tax dollar is much more than a pre-tax dollar, so if you put in the same nominal contribution amount, you are actually contributing much \"\"more\"\" from your wallet in the Roth IRA case. To make a fair comparison, you would need to start with the same pre-tax amount, and put in a Roth IRA contribution amount that corresponds to the equivalent amount after taxes. So for example, a $5000 pre-tax amount with 25% taxes is equivalent to $5000 * 0.75 = $3750, so you would put in $5000 for Traditional IRA contribution vs. $3750 for Roth IRA contribution. Note that if you have the same flat tax rate at contribution and at withdrawal, (pre-tax) Traditional IRA and Roth IRA are exactly the same, and you can see this by putting in 25% for the \"\"Retirement tax rate\"\" in the Traditional IRA calculator (we already assumed 25% tax rate for Roth IRA when calculating the contribution). You will see that Traditional IRA would be better in a lower retirement tax rate (e.g. 15%), whereas Roth IRA would be higher in a higher retirement tax rate.\""}
{"_id": "585439", "title": "", "text": "Woman started entering the work force in large numbers, couples where both worked, could afford to pay more for a house (could get a bigger mortgage) and anybody on one salary was pushed out of the market.  More woman entered the work force and the result was everybody pays more."}
{"_id": "585447", "title": "", "text": "Before you go filling your head with useless information as there is way too much stuff out there on the stock market. First ask yourself a few questions: There is going to be a balance between the three... don't kid yourself. After you answer these questions find a trading strategy to get the returns you are looking for. Remember the higher returns you expect... the more time you have to put in. Find a trading strategy you like and that works for you. Ounce you have your strategy then find the stocks or ETF that work for that strategy.... Ignore everything else, it is designed to separate you from your money. Making money in the stock market is easy, don't let the media hype and negative people tell you any different. Find something that works for you and perfect it... stick to it."}
{"_id": "585454", "title": "", "text": "Assuming you are being charged sales tax, it all depends on where you take possession of the shipment. Are your suppliers shipping to a US address, say your freight forwarder, from where you handle the ongoing shipment, or directly to you in South America? If the latter, per Michael Pryor's answer, you should not be charged sales tax. If the former, if the address is in a state in which your supplier has a physical location they will have to charge sales tax. That said, your freight forwarder should be able to furnish your supplier with a letter stating that the goods have been exported (with a copy of the relevant Bill of Lading) which will allow your supplier to refund you the taxes (a company I was at before would allow refunds up to two years past the date of sale per various tax regulations). Alternatively, you could see if just a letter of intent from your freight forwarder is enough to not charge you in the first place, but that's technically not proof of exportation. You might be able to get a refund or an exception from the state's tax department directly, but I would recommend going through your supplier - much less hassle."}
{"_id": "585466", "title": "", "text": "\"Anticompetitive behavior is only illegal if a monopoly does it, and amazon is not a monopoly. But with billions in the bank, they can act like one indefinitely, which makes me wonder if we should rethink those laws.    Edit: \"\"only illegal if a monopoly does it\"\" might not be accurate in this case. It might just be that American courts are reluctant to take action against this sort of thing.\""}
{"_id": "585494", "title": "", "text": "\"Pay off the credit cards.  From now on, pay off the credit cards monthly.  Under no circumstances should you borrow money.  You have net worth but no external income.  Borrowing is useless to you.   $200,000 in two bank accounts, because if one bank collapses, you want to have a spare while you wait for the government to pay off the guarantee.  Keep $50,000 in checking and another $50k in savings.  The remainder put into CDs.  Don't expect interest income beyond inflation.  Real interest rates (after inflation) are often slightly negative.   People ask why you might keep money in the bank rather than stocks/bonds.  The problem is that stocks/bonds don't always maintain their value, much less go up.  The bank money won't gain, but it won't suddenly lose half its value either.  It can easily take five years after a stock market crash for the market to recover.  You don't want to be withdrawing from losses.   Some people have suggested more bonds and fewer stocks.  But putting some of the money in the bank is better than bonds.  Bonds sometimes lose money, like stocks.  Instead, park some of the money in the bank and pick a more aggressive stock/bond mixture.  That way you're never desperate for money, and you can survive market dips.  And the stock/bond part of the investment will return more at 70/30 than 60/40.   $700,000 in stock mutual funds.  $300,000 in bond mutual funds.  Look for broad indexes rather than high returns.  You need this to grow by the inflation rate just to keep even.  That's $20,000 to $30,000 a year.  Keep the balance between 70/30 and 75/25.  You can move half the excess beyond inflation to your bank accounts.  That's the money you have to spend each year.  Don't withdraw money if you aren't keeping up with inflation.   Don't try to time the market.  Much better informed people with better resources will be trying to do that and failing.  Play the odds instead.  Keep to a consistent strategy and let the market come back to you.  If you chase it, you are likely to lose money.   If you don't spend money this year, you can save it for next year.  Anything beyond $200,000 in the bank accounts is available for spending.  In an emergency you may have to draw down the $200,000.  Be careful.  It's not as big a cushion as it seems, because you don't have an external income to replace it.   I live in southern California but would like to move overseas after establishing stable investments.   I am not the type of person that would invest in McDonald's, but would consider other less evil franchises (maybe?).   These are contradictory goals, as stated.  A franchise (meaning a local business of a national brand) is not a \"\"stable investment\"\".  A franchise is something that you actively manage.  At minimum, you have to hire someone to run the franchise.  And as a general rule, they aren't as turnkey as they promise.   How do you pick a good manager?  How will you tell if they know how the business works?  Particularly if you don't know.  How will you tell that they are honest and won't just embezzle your money?  Or more honestly, give you too much of the business revenues such that the business is not sustainable?  Or spend so much on the business that you can't recover it as revenue?   Some have suggested that you meant brand or stock rather than franchise.  If so, you can ignore the last few paragraphs.  I would be careful about making moral judgments about companies.  McDonald's pays its workers too little.  Google invades privacy.  Exxon is bad for the environment.  Chase collects fees from people desperate for money.  Tesla relies on government subsidies.  Every successful company has some way in which it can be considered \"\"evil\"\".  And unsuccessful companies are evil in that they go out of business, leaving workers, customers, and investors (i.e. you!) in the lurch.   Regardless, you should invest in broad index funds rather than individual stocks.  If college is out of the question, then so should be stock investing.  It's at least as much work and needs to be maintained.   In terms of living overseas, dip your toe in first.  Rent a small place for a few months.  Find out how much it costs to live there.  Remember to leave money for bigger expenses.  You should be able to live on $20,000 or $25,000 a year now.  Then you can plan on spending $35,000 a year to do it for real (including odd expenses that don't happen every month).  Make sure that you have health insurance arranged.   Eventually you may buy a place.  If you can find one that you can afford for something like $100,000.  Note that $100,000 would be low in California but sufficient even in many places in the US.  Think rural, like the South or Midwest.  And of course that would be more money in many countries in South America, Africa, or southern Asia.  Even southern and eastern Europe might be possible.  You might even pay a bit more and rent part of the property.  In the US, this would be a duplex or a bed and breakfast.  They may use different terms elsewhere.   Given your health, do you need a maid/cook?  That would lean towards something like a bed and breakfast, where the same person can clean for both you and the guests.  Same with cooking, although that might be a second person (or more).  Hire a bookkeeper/accountant first, as you'll want help evaluating potential purchases.  Keep the business small enough that you can actively monitor it.   Part of the problem here is that a million dollars sounds like a lot of money but isn't.  You aren't rich.  This is about bare minimum for surviving with a middle class lifestyle in the United States and other first world countries.  You can't live like a tourist.   It's true that many places overseas are cheaper.  But many aren't (including much of Europe, Japan, Australia, New Zealand, etc.).  And the ones that aren't may surprise you.  And you also may find that some of the things that you personally want or need to buy are expensive elsewhere.  Dabble first and commit slowly; be sure first.  Include rarer things like travel in your expenses.   Long term, there will be currency rate worries overseas.  If you move permanently, you should certainly move your bank accounts there relatively soon (perhaps keep part of one in the US for emergencies that may bring you back).  And move your investments as well.  Your return may actually improve, although some of that is likely to be eaten up by inflation.  A 10% return in a country with 12% inflation is a negative real return.   Try to balance your investments by where your money gets spent.  If you are eating imported food, put some of the investment in the place from which you are importing.  That way, if exchange rates push your food costs up, they will likely increase your investments at the same time.  If you are buying stuff online from US vendors and having it shipped to you, keep some of your investments in the US for the same reason.  Make currency fluctuations work with you rather than against you.   I don't know what your circumstances are in terms of health.  If you can work, you probably should.  Given twenty years, your million could grow to enough to live off securely.  As is, you would be in trouble with another stock market crash.  You'd have to live off the bank account money while you waited for your stocks and bonds to recover.\""}
{"_id": "585500", "title": "", "text": "\u201cOnly 6 time in US History has the Stock Market had rallies with 9 or more days in a row of all time highs \u2013 Hoover in 1929, Eisenhower in 1955, LBJ in 1964, Reagan in 1987, Trump in 2017 and Trump again in 2017.\u201d  \u201cNow President Trump is the only President in US History to oversee more than one Stock Market Rally of 9 or more days in a row of all time closing highs.\u201d  There are two related events like the growth in GDP and the decline in unemployment that shouldn\u2019t be forgotten.  \u201cUnemployment is going down, good paying jobs are increasing, the US GDP broke $19 Trillion for the first time ever under President Trump, the US debt is down $100 billion since the inauguration and Americans are making money again\u201d  A healthy and growing middle-class is of a great importance to a nation like ours because working Americans have more disposable income and more capable of saving and investing for their retirements.  Economies thrive when the power of government is restrained and economic freedom is promoted."}
{"_id": "585511", "title": "", "text": "\"Pay someone a fee to borrow their private Uber shares, then sell those private shares to someone else, then find someone else you can buy their private shares from for less than the net of the proceeds you made selling the borrowed shares you sold plus the fees you've paid to the first person and return your newly purchased shares back to the person you initially borrowed the shares from. On a serious note, Uber is private; there is no liquid public market for the shares so there is no mechanism to short the company.  The valuations you see might not even be legitimate because the company's financials are not public.  You could try to short a proxy for Uber but to my knowledge there is no public \"\"rideshare\"\"/taxi service business similar enough to Uber to be a reasonably legitimate proxy.\""}
{"_id": "585518", "title": "", "text": "Hong Kong's day as financial center of China is over. China doesn't need Hong Kong anymore. Shanghai has reclaimed (rightfully?) her role as the financial center of China.   The only path forward for Hong Kong is continual integration with other cities of [Pearl River Delta](https://en.wikipedia.org/wiki/Pearl_River_Delta). However, I don't have high hope for Hong Kong as its inexperienced political leaders don't want to reach political compromise with Beijing.   Expect continual decline of what was once a great city."}
{"_id": "585543", "title": "", "text": "\"Just speaking from my experience here. When I was younger (lol only 23 now), I didn't really get pocket money. If I wanted something I had to work for this, luckily at 13 I scored a paper round gaining \u00a310 per week. I would personally say to encourage children to do some \"\"work\"\", whether its a paper round, or even just house chores. I learned early on, that to get money you have to work for it. I've always had a job since 13, most of my college years I held 2 jobs at a time, even 3 at 1 point. Many of my friends didn't work for their pocket money, they relied on handouts, quite a few of these friends have later on in life taken the easy route, not working and rely on state (pocket money), or still have mummy and daddy pay for everything So my moral is; don't just give out willy-nilly, teach some value to money and it will go a long way ;) /2 cents\""}
{"_id": "585546", "title": "", "text": "The future of grocery is fresh, local ingredients, which Whole Foods does well, but they haven't driven costs low enough yet.  Amazon just got an entire distribution network for Amazon Fresh and will take costs out of the system and improve efficiency."}
{"_id": "585552", "title": "", "text": "\"When I first started working in finance I was given a rule of thumb to decide which price you will get in the market: \"\"You will always get the worst price for your deal, so when buying you get the higher ask price and when selling you get the lower bid price.\"\" I like to think of it in terms of the market as a participant who always buys at the lowest price they can (i.e. buys from you) and sells at the highest price they can. If that weren't true there would be an arbitrage opportunity and free money never exists for long.\""}
{"_id": "585561", "title": "", "text": "\"Really not a great time to do this.  It's like Magic Johnson admitting in court that he had sex with around 2000 women when he was being sued for giving a woman HIV. Now is not the time to say that Irving, simply saying \"\"a good number of women\"\" instead of letting on that it was in the quadruple digits may have won you that case.  Not really an analogous case but just two cases of dudes that don't know when to lay low.\""}
{"_id": "585562", "title": "", "text": "\"New York State is one of a few states that will go after telecommuter taxes (such that some people may end up paying double tax even if they don't live in NY).  There are a few ways that you can avoid this. If you NEVER come to NY for work, and your employer can stipulate that your position is only available to be filled remotely, you will likely be covered. But there are a myriad of factors relating to this such as whether the employer reimburses you for your home office and whether you keep \"\"business records\"\" at your office.  Provided you can easily document the the factors in TSB-M-06(5)I, you shouldn't have to pay NYS taxes.  (source: I've worked with a NYS tax attorney as an employer to deal with this exact scenario).\""}
{"_id": "585574", "title": "", "text": "To put things in perspective, Amazon has double the market capitalization of Walmart ($474 billion vs $244 billion) and a quarter of the revenue. Considering we're talking about a company that up until recently had no brick-and-mortar shops, they are very hot on Walmart's tail and already way ahead on online orders, of which online groceries are projected to represent 20% of grocery orders by 2025."}
{"_id": "585578", "title": "", "text": "The approval of a drug is the culmination of many years of hard work... supported throughout by major investments with no guarantee of return. \u2014 Gilead Executive Chairman John Martin  I'm wondering how this is different from the auto industry, or the chip industry, or....any industry except those which are granted cost-plus contracts."}
{"_id": "585593", "title": "", "text": "\"Wait, correct me if I'm wrong, but this is how I thought it worked:  \"\"say you work 40 hours a week \"\"during a recession, NO ONE GETS FIRED \"\"instead, they cut your hours \"\"from say 40 to 32 \"\"THEN unemployment benefits make up the difference in that eight hours you're not working \"\"then you get hired again\"\"  This seems like the best system ever and something America should do. No one gets fired, and companies save oodles of money not training new workers.\""}
{"_id": "585595", "title": "", "text": "In general, damage caused intentionally as well as contractual liability are not covered under liability insurance policies.\u00a0  Direct quote from your source... Use some logic.  How can a company be profitable insuring stupidity?  Show me an example where gross negligence was covered by an insurance company and billions paid out.   that's all I ask...."}
{"_id": "585631", "title": "", "text": "\"&gt; Who has the throwaway? Does reddit take everything so serious that a throwaway is needed anytime something doesn't go along 100% with popular opinion? Shit, I wasn't even challenging that it's lower.  I didn't mean throwaway account, I meant throwaway comment that's effectively copy-pasted from every reddit thread ever. Popular versions are also \"\"There's no room for your [obviously desirable quality/statement]\"\" and \"\"We don't have time for your [obviously desirable quality/statement]\"\".   I meant no offense, though those style of comments do irritate me; I'll be the first to admit that's a personal problem more than a reddit problem.\""}
{"_id": "585632", "title": "", "text": "\"&gt;taking your typical GP's advice regarding \"\"risks\"\" is really no different than listening to your barber --  If you _truly_ believe that, then go to your barber the next time you have a medical issue. You don't though, so stop talking out of your ass.\""}
{"_id": "585635", "title": "", "text": "Seriuosly? I had to stop at slide 20 because it was just the typical crap from the crapiest of the economical web pages, bussiness insider.  He says that regulations are not the problem and then goes to say that corporate profits are very high. How is not that the fault of regulations? Regulations produce benefits for the big companies and stop competition, therefore is normal that because of regulations the richer are getting richer and the poor poorer."}
{"_id": "585649", "title": "", "text": "\"And, most people won't even visit their site anymore because it takes 3 minutes to load the hundred different scripts that are running. (Slow internet)  Also, at first glance I couldn't even find the article hidden amongst the dazzling assorment of ads and social media \"\"like\"\" buttons. Then, to find that I have to click through the article like a god damn magazine but slower? Nope.  Any link to these type of sites doesn't even get a click from me anymore.\""}
{"_id": "585654", "title": "", "text": "Some aspects of your general financial lifestyle make a big difference in your score. Always pay late; declare bankruptcy; have bills go to collection, these will hurt your overall score.  Some aspects of your life start with a low score and rise over time: the number of years you have had credit. Some only have short term and transient impacts: what is your utilization rate today; when was your last hard pull. Any agonizing you do over the transient aspects during a period of time when your score doesn't matter, is a waste of energy. If you are looking for a new mortgage, or a another type of loan, then act in a way that will improve your score. But If you see no immediate need then don't sweat the details. If your credit limit is too low for your lifestyle, then ask for it to be increased. Just don't ask for the increase a few days before you put in the auto loan application."}
{"_id": "585661", "title": "", "text": "\"Yes, merchants may charge a fee for using a credit card. For a credit card transaction, interchange fees flow from the merchant to the card issuer. This is why Australians are seeing a boom in \"\"Debit\"\" MasterCard/VISA cards - the issuing banks make income when you select \"\"Credit\"\".  These costs can be passed from the merchant to the customer as a \"\"Credit Card Fee\"\". For an EFTPOS transaction, the interchange flows the other way, from the card issuer to the acquiring bank (The merchant's bank).  As an aside, the setup of these fees is why some large supermarket chains in Australia restrict you from selecting \"\"Credit\"\" with a scheme debit card (MasterCard and VISA are 'schemes').  They are 'acquirers' in the payments networks and they make interchange fees when you hit \"\"Savings\"\" and pay if you hit \"\"Credit\"\" - therefore where you can hit either \"\"Credit\"\" or \"\"Savings\"\" they prefer (and may force) you to press \"\"Savings\"\".\""}
{"_id": "585680", "title": "", "text": "I work in corporate finance at a large bank. Here's my opinion.  I'd say learn SQL, Tableau, and OBIEE first in that order.   I do know Java but have never personally used it at work. I know some people that do and Java is usually the language of choice for banks. It's really good to know but it's rare that a company would expect an accounting or finance person to use it.  But almost every team in corporate finance will use at least one of the other three. Most finance / accounting people don't take the time to learn these. So most teams have one or two hot shots that do most of the work.  Also, you can learn those three easily over the summer if not sooner. They aren't very difficult. Java is more complicated so maybe take your time learning that after the other ones."}
{"_id": "585688", "title": "", "text": "Liquidity. That's the issue. You rent, and that's not bad. No new roof, boiler, etc. But, you have a car? Your savings is a guarantee that you'll not have to charge a $2000 transmission on an 18% credit card. You job may be secure, but employment (aside from self employment) is never 100% guaranteed. With $3000 income per month, I'd not prepay the student loan until I had at least $9000 in savings.  We don't know your country, although we don't have fortnights in the US, so if you are in the US, you have a non-US background. Either way, if your employer offers any kind of matching retirement deposits, I'd prioritize that. Never leave that matched money on the table.  You are off to a great start, this relatively low student loan debt shouldn't keep you awake at night."}
{"_id": "585692", "title": "", "text": "Actually, a few lenders now will offer a consolidation loan that will consolidate both Federal and private student loans. One example is Cedar Ed, http://cedaredlending.com/PrivateConsolidationLoan.htm"}
{"_id": "585693", "title": "", "text": "Piece of shit article.   1.  Not everyone can suddenly be retrained to work with top-end tech.  Not everyone has that aptitude.   2.  The article admits that more competition depresses wages and that these low-paying jobs are already highly sought after.   4. They're overvaluing human empathy in the business world.  In fact, lack of empathy is benefitial or neutral in the fields most likely to be automated.   3. Their use case is someone who has gone back to school hoping to better his prospects, but in a field that is prime for reduction.   4.  Their use case also only has an associates degree with certificates that are generally considered resume padders in this industry, holding no other value."}
{"_id": "585700", "title": "", "text": "\"Maybe. I've been applying to jobs that require things like SQL and high level excel. I have some experience with these but I kept getting passed over for \"\"more qualified candidates\"\" so I get the sense there is a surplus of overqualified candidates, not recent college graduates. Also Linkedin stats will sometimes show as high as 50% of applicants having graduate degrees. And again this is for entry level business/data analyst positions. IMO the job market feels absolutely saturated with qualified candidates. I am looking around the NYC area however so maybe that just comes with the territory.\""}
{"_id": "585706", "title": "", "text": "Some employers offer commuter benefits that allow you to pay some commuter costs (trains, parking, bikes, vansharing, etc) with pre-tax money (up to $120ish a month). Employers commonly use companies such as WageWorks to provide this benefit. This would lower your taxable income by over $1000 per year."}
{"_id": "585720", "title": "", "text": "Why not get an estimate at few different shops?  Some that honor the warranty and others that don't.  Then you can make a math based decision on where to have the car fixed. While your fear is reasonable, information is a remedy."}
{"_id": "585722", "title": "", "text": "You should talk to a bankruptcy attorney local to you.  While bankruptcy laws are federal, there are a variety of local rules.  As an example in CA, I've heard of a trustee going after a debtor's IRA account.  Retirement accounts are generally off limits, but not always. Additionally, structuring your assets for the purpose of shielding them from creditors after the start of foreclosure proceedings may constitute fraud.  At the very least that may open those assets back up to your creditor(s)."}
{"_id": "585726", "title": "", "text": "\"&gt; The fields you listed are unrelated to the problem at hand  The problem at hand - the problem, in fact, that you brought up - is the role of centralization in the downfall of empires. Sociology, anthropology, political science and history all inform that problem.  &gt; and your conclusion is a nonsequitor.  My argument, where A is \"\"it is provably true that centralization is the root cause of failure of each empire and would-be empire\"\" and B is \"\"we can pack up sociology, anthropology, political science, and most of history and go home\"\", can be restated as: If A, then B. Not B. Therefore not A.  You can argue with the premises, but it is most certainly not a non sequitur.\""}
{"_id": "585730", "title": "", "text": "The private company that handles the quotes probably does know.     It's just that the government would have to do paperwork!  And those firms probably could throw way too many lawyers (not to mention government lackeys) to make them go away.  Plus, there's the whole fact that 3/4 of congress and every semi-relevant regulatory agency is captured."}
{"_id": "585738", "title": "", "text": "\"I believe you are confusing \"\"retirement\"\" and \"\"disability\"\". If you become disabled, then yes, the above chart you referenced applies to you. The US government will send you a disability check to assist you with living. This is very different from retirement.\""}
{"_id": "585739", "title": "", "text": "\"it is the amount of trust you put in the investments... to be honest, noone could've predicted anything because it was a new market, along with a whole new type of currency (also along with no banks or institutions that could \"\"alter\"\" the natural way a currency would evolve)\""}
{"_id": "585764", "title": "", "text": "I brought this up to my CPA. She said don't do it. People used to do it, but now they're cracking down. Is it unfair? Yes. But it's the government so don't mess with them."}
{"_id": "585766", "title": "", "text": "It's not about resources, it's about solving problems that are unsolved. Sharing, as it turned out, was not an unmet need as Google had thought. Sharing through circles is not a good user experience. It's confusing to the mass market and only makes sense to Google engineer/early adopter types"}
{"_id": "585772", "title": "", "text": "Does your friend have a preference? Why does he have that preference? Is his reasoning sound or can you make better suggestions.  That's all that matters in a Mac v. PC debate.  I'm assuming your friend is going into an undergraduate program. In which case he most likely won't touch any finance courses until his third year and even then they won't require macros or VBAs.  Companies that he interns at will provide computers (usually) and when he graduates he'll be shopping for another computer anyways."}
{"_id": "585790", "title": "", "text": "It's simple. Most people don't spend $6000 a year in medical care. As for myself, there's probably only $400 or less, mostly in annual checkups and the like.  If you are the type to require more medical care, then you will pay more per month. I know a person with asthma, kidney stones, and inflammatory issues. This person spends probably $1000 in co-pays per year, with considerable more if you were to include the hospital visits in the likes. But if you don't think you are one of these people, then don't get the higher cost plan."}
{"_id": "585793", "title": "", "text": "There are several reports under the Reports>Income & Expenses menu which could be useful. Cash Flow - shows, for a particular set of accounts, where incoming and outgoing money from those accounts came from and went to. Expense BarChart/PieChart - shows top N expenses. Income Statement (also called Profit & Loss) - shows all incomes and expenses for the time period. Each of these reports have an options dialog which will let you change the period that they are reporting on and the accounts to be included in the reports. The Cash Flow report sounds particularly useful for your second scenario."}
{"_id": "585797", "title": "", "text": "\"This is a common and good game-plan to learn valuable life skills and build a supplemental income. Eventually, it could become a primary income, and your strategic risk is overall relatively low. If you are diligent and patient, you are likely to succeed, but at a rate that is so slow that the primary beneficiaries of your efforts may be your children and their children. Which is good! It is a bad gameplan for building an \"\"empire.\"\" Why? Because you are not the first person in your town with this idea. Probably not even the first person on the block. And among those people, some will be willing to take far more extravagant risks. Some will be better capitalized to begin with. Some will have institutional history with the market along with all the access and insider information that comes with it.  As far as we know, you have none of that. Any market condition that yields a profit for you in this space, will yield a larger one for them. In a downturn, they will be able to absorb larger losses than you. So, if your approach is to build an empire, you need to take on a considerably riskier approach, engage with the market in a more direct and time-consuming way, and be prepared to deal with the consequences if those risks play out the wrong way.\""}
{"_id": "585806", "title": "", "text": "You can buy a new Toyota from a non-dealer, but not from Toyota directly as they have no retail distribution capability. There is no need to buy directly from Toyota if you want to get a new car without going through a dealer. In many cases people buy new cars but have to sell them immediately for one reason or another."}
{"_id": "585815", "title": "", "text": "We're pretty small about 20 employees. He refuses to allow me to get a second office person claiming he does not get along with other people. The issue is I've had him for such a long time I don't wanna break an 8 year employer relationship over something like that.  I also believe there are ways around money tracking. For example he can add extra hours on employee time sheets and have it cashed and then keep the extra money after employees are paid. He always puts emphasis on how much good he does for the company when he's just doing his job.  I'm looking for any kind of bait I can throw or some kind of trick.  My friend was telling me what he did is give his employee an unexpected paid vacation and she had no time to cover her trail. Are there other things like this I can try?"}
{"_id": "585820", "title": "", "text": "I'm saying that healthcare isn't the only issue here. Read the article. According to it up to 80% of their employees are on food stamps.  The government does incentivize good behavior. Unfortunately there are always loopholes and market pressure frequently rewards bad actors. I don't see why I should support Walmart for skirting the system and passing the cost onto the US taxpayer."}
{"_id": "585823", "title": "", "text": "When discussing buying a home I often hear people say they like having   a mortgage because they get the benefit of writing off the interest. I assume this is the United States.  You need to also consider that many people can take the standard deduction of about $12k for married couples filing jointly, so even if they itemize the interest, it would only make sense to 'write it off' if you are able to itemize deductions greater than the standard deduction:  Source: http://www.forbes.com/sites/kellyphillipserb/2013/10/31/irs-announces-2014-tax-brackets-standard-deduction-amounts-and-more/ So some people will input the mortgage interest and other related deductions into the computer only to find out that their itemized deductions don't add up. Where it benefits people sometimes is if they have medical bills which are greater than 10% of their income in addition to the mortgage interest. So it benefits them to itemize. There are other major sources of itemization but medical bills are very common. Other common items are auto registration taxes or interest from student loans. It is going to be situation dependent, but if you are within a few years of paying off the mortgage it would make sense to make micropayments to accelerate the payoff date. If you have 30 years to go, it would make more sense to generate an emergency fund, pay off a car, or save up for other things in life than worry about paying off a mortgage. Take the benefit of deducting the mortgage interest if you can, but I imagine that many people would be surprised to hear that it's not always black and white."}
{"_id": "585825", "title": "", "text": "If the market thinks people are going to buy a lot of computers, both IBM and Intel should go up.   If IBM goes up, then maybe the computer industry is going well, and you should buy Intel.  On the other hand, if people start using lots of cheap commodity servers (rather than IBM's big iron), then Intel should go up and IBM should go down.  Basically, people figure that *generally* what's good for IBM is good for Intel (and vice versa), so if one goes up they should buy the other. Sometimes they are right, sometimes they are wrong.  That's my guess, anyway."}
{"_id": "585839", "title": "", "text": "Get Fast Cash Advance in America at Online FORM fill. Payday Loans are short-term which is Easy approval from $100 to $1000 with in 24 Hours. Simple &amp; Quick ways to make money from bad credit issues. Apply NOW!"}
{"_id": "585873", "title": "", "text": "I'm not a big fan of tax-advantaged retirement accounts. The rules on tax-advantages accounts can change at any time.  It's already painful to get money out before retirement (earnings or possibly contributions taxed as current income, plus 10% penalty).  The rules could get worse. There's also the assumption that your taxes will be lower when you retire.  I think this is a poor assumption. If you get free money from your employer for contribution to a 401(k), contribute up to what will get you all of the free money you can.  Otherwise, pay your taxes and keep control of your assets. So short answer: Keep as much as you can out of tax-advantaged accounts unless you're turning down free money to do so."}
{"_id": "585887", "title": "", "text": "A startup is a great place to work if it looks like it's going to have a future and YOU ARE ONE OF THE FOUNDERS.  Otherwise? A startup is a good way to spend a good chunk of a decade working very long weeks, only to get shoved into a back room or laid off once they reach a certain size. Maybe if you're lucky you'll manage to stick around and have a bigger paycheck than most of your newly-hired peers. Maybe you'll even make most of what your new boss(es) that have been there a fifth as long as you and never pulled those 110 hour workweeks make. Of course, it's quite possible that simply working a second job during the time you were pulling mad hours and not getting OT for it would've made you just as much.  On the other hand, if you're talking about your own startup? Sure, go for it. If it all works out, those extra hours will be well compensated in the future."}
{"_id": "585889", "title": "", "text": "You're going to find a lot of conflicting or vague answers on the internet because there are a lot of plan design elements that are set by the plan sponsor (employer).  There are laws that mandate certain elements and dictate certain requirements of plan sponsors, many of these laws are related to record keeping and fiduciary duty.  There is a lot of latitude for plan sponsors to allow or restrict employee actions even if there is no law against that activity.   There are different rules mandated for employee pre-tax contributions, employee post-tax contributions, and employer contributions.  You have more flexibility with regard to the employer contributions and any post tax contributions you may have made; your plan may allow an in-service distribution of those two items before you reach age 59.5. While your HR department (like most -all- HR departments) is not staffed with ERISA attorneys and CPAs it is your HR department and applicable plan documents that will lay out what an employee is permitted to do under the plan."}
{"_id": "585890", "title": "", "text": "You are in luck, I have an ANZ credit card as well. I have just checked my paper statement with online, and was able to find a matching online statement in less than a minute. You simply click on your credit card account from the list of accounts. Under Date Range it will have the Current incomplete statement period. You simply click on the down arrow and select the last complete date range ending sometime in late April (depending on your credit card cycle). You then press on View next to the drop down box. This should provide you with a list of purchases and payment/credits for that period, followed by a line with your Credit Limit, Available Funds and Closing Balance. The line below that then shows your Due Date, and Overdue/Overlimit, the Minimum Payment and Amount Due Now If you are after paying only the minimum amount then you pay this amount by the due date (you will be charged interest if you only pay this amount). If, on the otherhand, you wish to avoid paying any interest then you need to pay the full Closing Balance before the due date. You should also be able to get electronic statements sent to your email address."}
{"_id": "585899", "title": "", "text": "In this case not only that you must register in California (either as domestic, or as foreign if you decided to form elsewhere), you'll also be on the hook for back-taxes if you didn't do it from the start. FTB is notorious for going after out-of-state LLCs that Californians open in other States trying to avoid the $800 fee."}
{"_id": "585900", "title": "", "text": "\"It's tough to share exactly what happened. Go to yahoo and look at the chart for Cisco from 1990 to 2003 or so. From a split adjusted 8 cents a share, it peaked at just under $80 in March 2000, up by a factor of 1000. People were buying in thinking this stock would continue to rise at this pace, but logic says that's preposterous. By April of 2001, it was down to $14, 80% off its high, and later to drop below $10.  This was a classic bubble and should be studied so you don't get caught in them. A book titled Extraordinary Popular Delusions & the Madness of Crowds was published in 1841, yes is still an interesting read. Bubbles in markets are not new, but can be recognized and avoided. Cisco at $80 had a market cap of $438B. Had it risen 1000 fold over another decade, it would have been worth $438T, but all the wealth in the US isn't even $75T, so something was wrong, very wrong. This is one story, one stock. A remarkable time.  Yes, many companies went under, and the employees lost their jobs. And those who were heavy into the \"\"dotcom\"\" stocks lost as much as 80% (or more) of their wealth. Entire 401(k) accounts dropping this amount due to bad decisions. Those who bailed out in time survived, some doing better than others.\""}
{"_id": "585916", "title": "", "text": "Yes. I have a US based website that accepts payments via PayPal and can confirm we have many customers from India. Here is a list of countries PayPal supports. Note typically there are some additional fees associated with currency conversion."}
{"_id": "585940", "title": "", "text": "That's my point, a 20k bonus at big 4 for non partners is really common. You can easily get 40-50k if you're highly rated. Also, I'm not saying the max for partners is 600k, that's the average. This is much higher than the average Accenture partner-equivalent.  The data is out there, just look at glassdoor. It's perfectly ok to not be big4, you can still make a good living at Accenture. But, realistically, the compensation and other benefits are lower. My theory is because public firms pay less than private firms, what's yours?"}
{"_id": "585946", "title": "", "text": "&gt;We actually had to request a few of them to come back in part-time since it is rather difficult to find experienced machinists.  That's the scary part.   There's no entry path into these jobs.   A lot of companies only seem to want to hire people who somehow earn these skills through osmosis and don't want to hire people on straight out of school.  Some career paths are easier than others, but it really feels in some cases like it's a closed loop.    Teachers for example are clinging to their career long after they should."}
{"_id": "585947", "title": "", "text": "Legally if you are NRI for tax purposes, then you are required to convert all your Savings Account into NRO accounts.  For tax purposes it be advisable to open an NRE account. Depending on the Banks policy you can convert the account into NRO by submitted a scanned copy of passport along with the Visa page. You can transfer money from US to any Account in India [Savings/Current/NRO/NRE] using xoom or any other remittance services remit2india, money2india etc."}
{"_id": "585960", "title": "", "text": "At one point it was illegal to melt silver coins in the US, but it is legal now.  I don't know that will happen with copper coins, but that's what happened with silver coins. Accumulating nickels and leaving them as-is (in their spendable state) is legal.  It's also a way to take physical ownership of copper. I expect to see more sales of nickels based on weight.  People are already selling high-copper-content cents on eBay, by weight.  There are machines in production that sort the zinc ones from the copper ones.  Gresham's Law has small business backing. ;) Copper cents are already worth twice their face value in the copper content.  Nickels will get up there, too. They are awfully heavy and bulky relative to their value, though.  Precious metals give you better bang for your ounce."}
{"_id": "585962", "title": "", "text": "It's definitely not going to help.  Their new CEO is very highly regarded for his business acumen and his moral compass.  I have faith that a couple years from now Uber will have a completely different culture and still be king of their industry.  There are too many high powered investors with billions invested to let the company fail."}
{"_id": "585972", "title": "", "text": "That would be fair from the perspective of the company, but hardly fair from the perspective of the victims. At 855m, it values each victims data at $6 (as opposed to $500 for the $70B lawsuit). I don't know about you, but it takes a lot more than $6 worth of my time to fix their error, so I'd argue it is not fair to the victims."}
{"_id": "585975", "title": "", "text": "\"I used to be the sort of person who would tell you that I've left money for you somewhere and in fact not have done so, and I also used to be the last person you'd expect to do something like that. I've not done this exact thing but I've done similar. Not gonna go into detail but at that time I was in a state of poverty, barely able to buy food and drink, and the money I saved by \"\"conning people\"\" in similar ways was spent on food and warmth.  Personally, I think she's going through a very hard patch financially and as such has done exactly that. Me? I'm not a landlord and I'm probably far too generous. I would explain that I think she's lying but let it slide this month. Clearly a property owner is more financially capable of soaking up this expense than a tenant.  On the other hand, you don't become a property owner and landlord by letting people get away without paying their rent.  All in all, I would probably push for a 50/50 decision. She pays half rent this month which alleviates her finances a bit if she is genuinely in trouble and has lied, and you still get something for your efforts. If you're lucky, when you suggest it she will come clean. I would make it clear if you do or don't believe her, as she may well confess if you express your doubts. If she does, I wouldn't hold her to paying the full amount unless she offers to do so. Also, make it very obvious that this can and will not happen again. Next time, she gives you cash or uses a banking service. Goes without saying I guess.  You should note that legally speaking, by accepting anything other than full payment you could be acknowledging that she did attempt to make a payment and any future legal cases will not consider that favorably for you. I would strongly recommend discussing this with a solicitor before agreeing to anything other than full payment.\""}
{"_id": "585982", "title": "", "text": "Warranties are usually sold at 60-90% margin. They are just about always a bad deal. If you are forced to buy one, negotiate on price, and be wary of realtor or mortgage broker recommendations."}
{"_id": "586003", "title": "", "text": "I know on my commute I use the Sticher Radio app which allows one to stream podcasts. I listen to a lot of Public radio shows. Plus I send $10 a month to my local station so I feel like I'm helping with content production and bandwidth costs... So I'm using my iPhone to listen to my own custom radio station."}
{"_id": "586007", "title": "", "text": "A confined agency is a prison entity on its personal, separate from the company\u2019s owner. VALIS Group Inc is recognized as having ownership in a constrained business enterprise thru the purchase of stocks. Limited corporations, then How to incorporate on their internet income. As you intend how your enterprise will grow, there are a number of business structures to take into account. While the method may be specified and country-precise, this article outlines the general steps and concerns for incorporation."}
{"_id": "586010", "title": "", "text": "The money that you put into the ETF is not tax-exempt in the usual sense of the word. It is your money and you don't owe any taxes on it any more unless Congress (or the state that you reside in) imposes a wealth tax at some time in the future. What you will owe taxes on are any dividends or capital gains that the ETF distributes to you each year (even if you have opted to automatically re-invest those amounts into the ETF), and the capital gains when you sell shares of the ETF."}
{"_id": "586017", "title": "", "text": "\"&gt;What's the point of commenting on a down voted thread anyway? There is no agreed upon cut-off for Gen X. You could make an argument that anyone over 40 and under 60 is Gen X.   You are really and truly ENTIRELY clueless and confused.  Let me say it again: **Boomers -- born 1946~1964** (and that is pretty definitive, especially the \"\"kickoff\"\" date of 1946; the ending date is a bit more subjective, but in invariably centered around 1963-64).    Ergo at present **Boomers are individuals (presently) aged 66 down to ~48 (give or take a year or two).**   **By contrast, Gen X is unarguably and definitively mid-1960's through early 1980's.**  Ergo Gen X is currently aged around ~30 to ~48 years old.  ---  &gt;You could make an argument that anyone over 40 and under 60 is Gen X.   No one. And I mean NO ONE who has a single clue would EVER consider anyone over age 50 at present to be \"\"Gen X\"\".  No one.  *The only ones who would make such a statement would be someone who (idiotically) had entirely CONFUSED GenX with the Boomers.*  Go get a clue already.\""}
{"_id": "586018", "title": "", "text": "Option tiers are broker specific, according mostly to their business model and presumably within the bounds of FINRA Rule 2111 (Suitability). The tier system can be as complex as E*Trade or as simple as none with Interactive Brokers. The suitability is determined presumably by compliance presumably by the legal history of the rule. The exact reasoning is political, effected by the relevant party composition of the legislature and executive. The full legal history will have the judiciary's interpretations of legislation and policy. Cash and margin rules are dictated primarily by the Federal Reserve and more precisely by FINRA and the SEC.  This is the only distinction made by IB."}
{"_id": "586026", "title": "", "text": "Forms 1099 and W2 are mutually exclusive. Employers file both, not the employees. 1099 is filed for contractors, W2 is filed for employees. These terms are defined in the tax code, and you may very well be employee, even though your employer pays you as a contractor and issues 1099. You may complain to the IRS if this is the case, and have them explain the difference to the employer (at the employer's expense, through fines and penalties). Employers usually do this to avoid providing benefits (and by the way also avoid paying payroll taxes). If you're working as a contractor, lets check your follow-up questions: where do i pay my taxes on my hourly that means does the IRS have a   payment center for the tax i pay. If you're an independent contractor (1099), you're supposed to pay your own taxes on a quarterly basis using the form 1040-ES. Check this page for more information on your quarterly payments and follow the links. If you're a salaried employee elsewhere (i.e.: receive W2, from a different employer), then instead of doing the quarterly estimates you can adjust your salary withholding at that other place of work to cover for your additional income. To do that you submit an updated form W4 there, check with the payroll department on details. Is this a hobby tax No such thing, hobby income is taxed as ordinary income. The difference is that hobby cannot be at loss, while regular business activity can. If you're a contractor, it is likely that you're not working at loss, so it is irrelevant. what tax do i pay the city? does this require a sole proprietor   license? This really depends on your local laws and the type of work you're doing and where you're doing it. Most likely, if you're working from your employer's office, you don't need any business license from the city (unless you have to be licensed to do the job). If you're working from home, you might need a license, check with the local government. These are very general answers to very general questions. You should seek a proper advice from a licensed tax adviser (EA/CPA licensed in your state) for your specific case."}
{"_id": "586029", "title": "", "text": "I agree with others here that suggest that you should be taking higher risk since it is repaid with higher returns. You have 40 years or so to go before you might switch to safer but lower return funds. I suggest that you look at the Morningstar rating for the funds you are considering: http://www.morningstar.com/ A fund rated five stars means that the fund performs in the top 20% compared to all similar funds. I prefer five star funds. Next, check the management fees. Here is an example from one of the funds you mentioned; https://www.google.com/finance?cid=466533039917726 Next, I suggest you compare how each fund has performed compared to a benchmark. Here are some common indices:  Compare an equity fund to, for example, the S&P 500. Has your fund beat or closely matched the S&P for 1, 5 and 10 years? If not, you may as well buy an index fund, such as SPY."}
{"_id": "586035", "title": "", "text": "This is a partial answer.  Coverdell ESA must be withdrawn when the beneficiary turns 30. The 529 has no such age restriction. A decent comparison is at Coverdell Education Savings Accounts a wiki entry at the Bogleheads site.  To add another point, the Coverdell limit is $2000 per year deposit, the 529 is subject only to the rules of gift taxation, so a couple can deposit up to $140K this year, taking advantage of the ability to gift ahead, and while paperwork is due to declare the gift, no tax is assessed."}
{"_id": "586038", "title": "", "text": "the way I see it, capitalism only works when you have people with good civic values involved. people like carnegie, warren buffet, etc. who not only accumulate wealth but then direct it for the benefit of society as a whole as well as for their own benefit. i believe that many capitalists use their wealth to create dynasties - this leads to aristocracy which is undemocratic, and also spoiled rotten trust fund babies, which are the worst people in the world. capitalism without values is horrible, just like any other system. i'm a business man, but I'm not interested in getting ahead by screwing other people and I certainly give back to my community in my own small way. it's good for business too - people like to patronize businesses that give back."}
{"_id": "586042", "title": "", "text": "$12/hr is just what you pay the employee, it isn't the sole cost of employing someone. There's payroll taxes, insurance, accident coverage, etc. There's also the cost of efficiency due to poor employees, training periods, personal issues, and the costs of business due to employee mistakes. There's liability in the event of injury, discrimination, sexual harassment, etc, and the simple fact that employees can be a real pain in the ass.  If you can take a machine that is the size of a McDonald's kitchen or smaller, feed it raw or minimally processed ingredients, and have it deliver a product which is comparable or better than their current shitty product, and have it replace just two $12/hr shifts at a location open for 18 hrs a day, we're talking well over $157k in labor savings a year, replaced by repair and cleaning costs. Give it a couple years to pay down the machine, and that's a major potential equipment budget. What part of that doesn't make economic sense?"}
{"_id": "586043", "title": "", "text": "If they are making that flight all the time they are probably using airline miles to get the free upgrade. Government employees earn airline miles like the rest of us, but they are not allowed to use those miles for anything other than upgrades for themselves. They cannot use the miles for anything personal. As long as it does not cost the government anything, they can use their miles to upgrade. Since many flights are billed at a higher flexible fair and then discounted, the airline miles really rack up because they are generally based on the class of fare, not the cost of the ticket. (some formula of miles x f   which is a percentage based on the type of ticket. Flexible, refundable fares are a higher class of fare even though the airline then chops 40% off for the gov discount)"}
{"_id": "586055", "title": "", "text": "Ya I guess in Canada since the drinking age used to coincide roughly with first year of university college, it lended it self to some crazy drinking.  Funny to look back at some of those times, as now I probably wouldn't even drink 12 drinks total in a year.  And it is only that high cause of the Irish backgrounded weddings I attend via family lol."}
{"_id": "586061", "title": "", "text": "I know a few people who got &gt;100% mortgages at that time. A friend of my dad's got a 120% mortgage, i.e. the full price of the house plus extra for moving and furniture etc. And then the banks were surprised that people like that couldn't make the repayments."}
{"_id": "586096", "title": "", "text": "My 2 cents:As I understand it, stochastic math doesn't seem to cut it for pricing derivatives. Ito's Lemma and Feynman-Kac SDE solutions both impose constraints on higher order moments of the PDF. So you can't just drop in your forecasted return distribution and get a price. All the fixes seem somewhat ad hoc. Shit gets real when you move from options to their first cousin: term structure of interest rates. The Heath-Jarrow-Morton framework was intractable in the original paper, but there are some promising simplifying assumptions. I think there's real money there for someone who works that out and comes up with new arbitrage possibilities. On the other hand, you get some phenomenally bad math like the Gaussian copula that was used to value the subprime tranches and bring them a mind-boggling AAA rating. A lot of folks here do fancy nonlinear time series analysis to forecast the 1st, 2nd &amp; higher moments of asset returns. Not a lot of theoretical basis (well neuroscience), but if you can do it better you win."}
{"_id": "586119", "title": "", "text": "\"Only a few \"\"prototypes\"\" were used in the big event on March 31, 2016, and in late July 2016 is when Elon announced the designs were \"\"pencils down\"\". People have tried to make comparisons between the photos of the Model 3 from the event last year and the photos taken of the vehicles spotted on the road the last 2-3 months, but we have nothing official to go from. I think they said they produced 50 vehicles since beginning of July and now: 30 were going to customers, and 20 were being used for \"\"testing and validation\"\".   The vehicles shown in March 2016 were pretty much never seen again publicly. A few months ago, Model 3's were seen driving around the Fremont plant, often with a BMW 3-series behind it, since that's the car they're trying to compete against. These were the first \"\"production\"\" vehicles spotted, as they were most likely manufactured using the same process the delivery Model 3's would utilize, but they're not meant to be delivered to owners. The 30 that were delivered last night were from the first batch of 50 cars.\""}
{"_id": "586127", "title": "", "text": "Comprehensive buyer and seller real estate services, including finding homes, listing homes for sale, market analysis, property evaluation, and more for Avondale, Avondale Goodyear, Cave Creek, Fountain Hills, Fountain Hls, Gilbert, Laveen, Litchfield Park, Litchfield Pk, Mesa, Paradise Valley, Paradise Vly, Peoria, Phoenix, Scottsdale, Surprise, Tolleson, Buckeye, and Sun City"}
{"_id": "586135", "title": "", "text": "Heh, I really like your reply. I agree with everything you've said, though I would tweak the final point: I think if some random customer sees two competing products, one with Zynga gold and one without, at the same price, they'd choose the one with the gold. Given that it's a completely arbitrary, inflation-proof currency, Zynga can sell it in large quantities for reasonably cheap. If nothing else, it gives them more exposure offline.  Incidentally, http://gawker.com/5634379/the-secret-dealer-for-farmville-addicts and http://thenextweb.com/insider/2011/12/16/developer-of-zyngas-mafia-wars-says-some-players-spend-10000-a-month/"}
{"_id": "586143", "title": "", "text": "what do pregnant women eat OmmeWorld is just for you to provide you Pregnancy and Parenting Advices and about your infant child. We care for your health during this period. We all know that become a mother is a great opportunity for all family members. You will get to know what do pregnant women eat, which foods dont eat during pregnancy and many others parenting advices.  what should a pregnant woman not eat, dont eat during pregnancy, what do pregnant women eat,"}
{"_id": "586151", "title": "", "text": "If you don't want to hassle with opening an account (and don't mind going without insurance) there are currency ETF's that basically invest in euro money market accounts. Here's an example of one Not sure if the return would be as much as you'd get if you opened your own account and went for longer term instruments like a 12 month CD  (I think the Euro MM rate is around 1.1%  compared to 0.1% for the US). But since it trades like a stock you can do it without having to establish an account with an overseas bank."}
{"_id": "586157", "title": "", "text": "All it did was make it to where health care got more people affording it. It also got more expensive. So those who couldn't afford it were given it by the government by tax dollars and medical prices went even higher because more were using it with a stagnant supply. How about we give the people buy power and make a single payer healthcare system. Fuck, just copy the Canadian system. There's works pretty well. And at the same time, take their metric system too"}
{"_id": "586179", "title": "", "text": "You mean like all the products linked on every page of my blog and elsewhere in the comments?   Those things -- and their financial success -- and what I write about them is WHY I get invited to speak at conferences, be on startup pitch panels as a contrarian judge, etc. etc.   Speaking of conferences, here's mine that I put on, featuring mostly people I'd call friends or acquaintances (like Tobi, Tom, Geoff, Buffington and Garrett): http://schnitzelconf.com/"}
{"_id": "586188", "title": "", "text": "Subsidies are provided for a purpose. As long as that purpose is met, it shouldn't matter who else is benefitting. To be honest, a company like Tesla succeeding is good for the economy. They made autonomous cars a reality. Even Google wasn't able to, even though they have been working on it for several years more."}
{"_id": "586207", "title": "", "text": "\"This advanced forex trading course allows forex traders to tracking intra-day banking activity in the forex market. Learn to trade forex using the trading secrets of the mega banks. These forex trading strategies will allow struggling retail traders to follow the \"\"footprint in the sand\"\" left by the mega banks, rather than getting ran over by them like most day traders.\""}
{"_id": "586222", "title": "", "text": "\"It's repeated all the time and is horrible accounting. The only things going in that analysis are the self fulfilling prophecy of preventing default and then default not happening. Heck the government made money, Goldman made money, Berkshire made money...that crisis was great! We should do it again. That's not a \"\"return on investment\"\".\""}
{"_id": "586227", "title": "", "text": "\"While it is true that protectionist policies can be met with WTO penalties, the International regime disproportionately benefits the US, so I don't see it going out of its way to displease the US.   Furthermore, the international regime are for the most part non binding contracts and it does not act as a true authoritative figure. The WTO can say one thing, but countries don't have to follow because there is no real mechanism of enforcing these international \"\"laws\"\".  The US will be fine.\""}
{"_id": "586237", "title": "", "text": "I  never observed people working hard at Sears or Kmart.    Both stores suck ass in my neck of the woods and all I saw was mediocre employees that did not give a shit about their job."}
{"_id": "586243", "title": "", "text": "\"&gt; Value is entirely subjective to individuals. Nothing has \"\"intrinsic value\"\".  Question: *Water, oxygen -- caveats to intrinsic value because they are that which is consumed by virtue of one's being alive and staying alive and are of limited supply?*  Can we expand on \"\"value\"\" and how it operates on the barest of essentials to sustain life.   To rephrase: [1] That the tripartite nature of the system of money--token (countable), vehicle (exchangeable), and repository (valuable)--depends on life existing ergo exist as conditions necessary for the creation of an economy but yet will be necessarily valued by the economy because of the projected increases in population, that is, future demand rising as function of the earthly supply means that the value of these goods can or cannot be projected and, more broadly, [2] how do economists evaluate the role of money in relation to timing, especially when it pertains to these unproduced or \"\"given\"\" yet essential goods and especially coupled with the knowledge that the population will continue to proliferate?  Really, I'm not trying to undermine or debunk or be plain ridiculous; I'm curious as to how economic theory will (or has begun to) try to solve a \"\"singularity\"\" (threshold) problem that has yet to occur but no doubt will?   Maybe it's an unfair question but even so, I'm sure someone on this thread might steer us towards a starting point. And I only ask because the economic breakdown by otherwiseyep and the discussion in the thread herein are, say, quite as substantial as they are clear.\""}
{"_id": "586272", "title": "", "text": "\"The real question is what can you NOT do!  If you track all your monetary actions, you know everything about your monetary situation.  That means you have the tools to ask and answer \"\"what if\"\" questions, such as: \"\"If I get a 10% raise, could I take longer vacations?\"\"  You could calculate how much you spend per day on vacation and then consider the amount of your raise and how much of it you'd need to allocate to vacations to, say, be able to take a two-week vacation instead of a one-week vacation. \"\"How much more would I have to earn to move to this nicer apartment?\"\"  This may seem like a simple question, but a surprising number of people can't answer it in a reliable way, because they don't have a clear understanding of how much money they make and how much of it they can afford to spend on housing.  If you find you have lots of spare income, maybe you can move to the nicer place right away; if not, at least you can get a sense of how much more money you'd need to make it happen. \"\"If I started taking the bus to work, how much would I save?\"\"  You can look at how much you spend on gas and compare that to the price of a bus pass.  By separating out categories like gas, repairs, and car insurance, you can also calculate different scenarios, like if you still kept your car but only used it for occasional trips, versus if you sold the car and used only public transportation. \"\"If I want to take a trip to Tahiti, what can I cut back on to save the money?\"\"  Using your table you can pencil out scenarios like \"\"Suppose I stop eating out for lunch at work and just bring my lunch, how long would I have to do that to save enough to pay for a plane ticket?\"\" These are just a few random examples.  The general idea is that with a record of hard numbers, you can start to consider potential tradeoffs in an objective way --- that is, you can ask \"\"how much in category X would I have to give up to gain this thing I want in category Y?\"\" The real trick in making use of your data is not so much \"\"what\"\" you can do, but \"\"how\"\" exactly to do it.  You may have to become more of a spreadsheet wizard to really delve into these questions.  Also, if you have programming expertise, you can even use something like Python to do calculations that might be laborious in a spreadsheet.\""}
{"_id": "586276", "title": "", "text": "\"&gt; Simply because there are cases of market failures, I do not therefore conclude that the market system is itself a failure.  No, but without a realistic mechanism to correct for them (especially ones with effects as broad reaching as the financial crisis) I don't see how \"\"free-markets\"\" can be compatible with liberty and justice.  If you're seeing some sort of mass organization of the public against market externalities that affect them then I'm afraid I missed that.  In my experience most people don't even understand the nature of the problems, let alone work together to mend them.  That's a shame you won't debate with people who hold opposing viewpoints, I was looking forward to the challenge of your air-tight refutation of \"\"collectivist systems\"\".\""}
{"_id": "586284", "title": "", "text": "ATTENTION ZYNGA INVESTORS  I HAVE A UNIQUE BUYING OPPORTUNITY FOR YOU  STEM YOUR LOSSES AND INVEST IN TULIP BULBS NOW  TULIP BULBS SHOW REMARKABLE RESISTANCE TO MARKET CHANGES AND ONLY INCREASE IN VALUE  STUDIES SHOW IT'S BETTER THAN GOLD  EMAIL ME AT GASDFAJKNWERIUERBIUEBERITUERBTI@YAHOO.COM FOR MORE INFO"}
{"_id": "586289", "title": "", "text": "\"You should pay for grad school without taking loans if your circumstances permit. There is the possibility of a tax write off for interest paid on student loans, but it's slightly complicated and it's very much a \"\"give me $10, and I'll give you $5 back\"\" kind of deal. You're better off not borrowing the money to begin with, even though I tend to think that borrowing for things which appreciate-- e.g., a house-- or which can significantly increase your earning capability-- e.g., the right kind of graduate school-- is generally better/wiser/more permissible than borrowing for something which depreciates, like a car. Having no student loan debt after graduation means you have greater freedom than someone who is laboring to pay student loan debt in addition to all of their other bills. My $0.02\""}
{"_id": "586295", "title": "", "text": "If you knew the first thing about prisoners delimmas, you'd know that the cooperative outcome is so wildly disincentivized it never occurrs. In the case of the classic set up, any circumstance in which the prisoners stay silent results in jail time.  Prisoners delimmas are marked by the fact that the non-cooperative choice is the only choice you can make to avoid a negative consequence.  https://en.m.wikipedia.org/wiki/Prisoner%27s_dilemma"}
{"_id": "586300", "title": "", "text": "&gt; My wife is trying to start a business. She has no experience at all.  Don't put in too much money. Use this as a chance to learn because she's going to have a bad experience.   &gt; She is working with the husband of a friend who is importing products from China.  Red flag #1.   &gt; He is in China and his wife is in the USA on a tourist visa (no work allowed but she works)  Red flag #2.   &gt; I have caught this guy lying or being way less than transparent many times.  You're telling me that a guy using his wife to illegaly conduct business in the US isn't above board? I'm shocked.  Shocked, I tell you.  &gt; I think he thinks others are stupid and can not easily see his misdeeds.  That could be a red flag, or he could be correctly reading the situation.  You said your wife has no experience in this arena, so why would he listen to her?   &gt; \u201cYou tried to screw with me and my wife too many times so F you\u201d   Red flag #3.  Don't mix business with emotions.   &gt;  I am asking for a settlement or I will do everything in my power to totally screw up his life  Red flag #4.   &gt; It will never stop or improve if the second party has a less than acceptable level of honesty and transparency.  This is why contracts and lawyers exist.  In business, everyone thinks they're making out better than the person on the other end of the table.  If they didn't, they would ask for more.  There can be mutually beneficial situations, but showing all of your cards is a great way for them to be used against you during negotations.   &gt; It is a startup not big money, but us being in the USA as lawful citizens (me USA born, my wife naturalized Chinese ), we hold the risk here.  Yeah, don't knowingly break the law.  The risk is too high for you.  &gt; I lived in China for ten years. Over there, the Chinese do, in almost all cases, all they can do to screw foreigners   Red flag #5.  Why do you want to be in business with a group you think will almost always exploit you?   &gt; My wife thinks that because they are Chinese (the other party), I should be willing to accept this behavior. I totally disagree.  Red flag #6.  Don't use stereotypes to make judgment calls.   &gt; My wife wants to have her own company very badly and she is very disappointed.   Life is full of disappointment, and you can't wish for success. Well, you can, but you end up in situations like these.   &gt; Do you agree when dealing with lying business \u201cpartners\u201d if the offenses continue, even after a warning, that all bets should be off and one should change into \u201cscrew them\u201d mode and claw back all possible money/power via all available legal resources?  Say it with me.  CONTRACTS! CONTRACTS! CONTRACTS!  I'm not talking about a quick signature on a napkin.  I'm talking about vetted and formalized.  You have clear expectations.  You have remediation.  You have timeframes.  If they don't deliver the promised expectation then you sue them.   If you act on emotions then you are likely to do yourself more harm than good.  If you don't think you can recover what you're due, you shouldn't be in business with a shady operator to begin with.   &gt; Comments?  Talk to a lawyer.  You need to understand your risk and liability.  If you're fine, stop investing money into this venture. You'll be taken for all you're worth."}
{"_id": "586314", "title": "", "text": "No doubt we have best linen clothing available online for Men\u2019s. Not to forget the best pricing also. Any person can purchase linen clothing from our site by filtering from the price, design &amp; color. So what\u2019s more you can expect from linen clothing?"}
{"_id": "586315", "title": "", "text": "5% of millennials is veeeery generous. You don't have to be smart to learn how to code, just dedicated for a few weeks. After learning the basic syntax it's just googling + alt tabbing to stack overflow from there on. Knowing how to use what you learned to make something that isn't shitty, that is where being smart comes in."}
{"_id": "586326", "title": "", "text": "I agree that double taxation makes no sense regardless of individual or corporation.  Having said that, it's my understanding that Murca offers corporations tax credits on foreign taxes paid to avoid double taxation.  I'm pretty sure that a similar vehicle exists for individuals as well.  My issue is entirely with corporations paying off legislators to avoid taxes that they have an obligation to pay in the country that they operate."}
{"_id": "586336", "title": "", "text": "\"With every caveat that Rick said plus many many more lets have some fun.  One common way to measure risk is volatility of returns roughly how much the value of your asset jumps around.  Interestingly, the following ordering is fairly similar for many other common measures of risk. The first three on the list would be mostly interchangeable.  Generally, putting your money in \"\"cash\"\" investments has no real day-to-day price variability and the main risk is that the bank won't give you your money back at the end.  Money market funds are last as they can \"\"Break the buck\"\". To get a feel for the next few on the list I'm using previous 360 day volatility numbers for representative broad indices (asof 2014-10-27).  While these volatility values can move around quite a bit, the order is actually remarkably stable. Hedge funds might seem out of place here, but remember that hedge funds can hold be long and short at the same time and this can cancel out daily variation.  However, Hedge funds do have plenty of risks that may not be well accounted for by this measure.   For derivatives I'll refer to back to Rick's answer. This is a measure for broad investment in these categories your particular investment in Long-term Capital Management or Argentine Bonds may vary. It is important to note that your return on your investment generally grows as you go toward more risky investments down this list as people generally expect to be rewarded  in the long term for risky investments.\""}
{"_id": "586355", "title": "", "text": "\"Yes, it applies to control groups.  If I remember correctly common ownership rules are used to determine \"\"Applicable Large Employer\"\" status but if the time comes to owe a penalty, only the actual entity missing the mark will owe a penalty, not the entire control group. This is an excerpt from Section 4980H (the section that lays out employer requirements and penalties) (16) Employer. The term employer means the person that is the employer of an employee under the common-law standard. See \u00a7 31.3121(d)-1(c). For purposes of determining whether an employer is an applicable large employer, all persons treated as a single employer under section 414(b), (c), (m), or (o) are treated as a single employer. Thus, all employees of a controlled group of entities under section 414(b) or (c), an affiliated service group under section 414(m), or an entity in an arrangement described under section 414(o), are taken into account in determining whether the members of the controlled group or affiliated service group together are an applicable large employer. For purposes of determining applicable large employer status, the term employer also includes a predecessor employer (see paragraph (a)(36) of this section) and a successor employer. Link to the Federal Register\""}
{"_id": "586356", "title": "", "text": "Private companies can do that. They run taxis and greydog buses or whatever, and even railroads are private. Except rails found they make more money carrying cargo not people, taxis are taxis and private buses make more money not running stops every 500 meters for gramma like european public transit."}
{"_id": "586360", "title": "", "text": "&gt;[**\u041e\u0431\u043c\u0435\u043d\u043d\u0438\u043a FASTCHANGE!  \u041a\u0430\u043a \u043c\u043e\u0436\u043d\u043e \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u0442\u044c \u043d\u0430 \u043e\u0431\u043c\u0435\u043d\u0435 \u0434\u0435\u043d\u0435\u0433? \u0421\u043f\u043e\u0441\u043e\u0431\u044b \u043a\u043e\u043d\u0432\u0435\u0440\u0442\u0430\u0446\u0438\u0438 \u0438 \u043e\u0431\u043c\u0435\u043d\u0430 \u0432\u0430\u043b\u044e\u0442\u044b 2017 [5:53]**](http://youtu.be/exm0JpgdQOs)  &gt;&gt;\u0412\u0441\u0435\u043c \u041f\u0440\u0438\u0432\u0435\u0442 \u0414\u0440\u0443\u0437\u044c\u044f!!! \u0412 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435, \u043a\u0430\u043a \u043c\u043e\u0436\u043d\u043e \u0431\u044b\u0441\u0442\u0440\u043e, \u043a\u0430\u0447\u0435\u0441\u0442\u0432\u0435\u043d\u043d\u043e \u0438 \u043d\u0430\u0434\u0435\u0436\u043d\u043e \u0441\u0434\u0435\u043b\u0430\u0442\u044c \u043e\u0431\u043c\u0435\u043d \u0432\u0430\u043b\u044e\u0442 \u0438 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442 \u0422\u0430\u043a\u0438\u0445 \u043a\u0430\u043a \u0431\u0438\u0442\u043a\u043e\u0438\u043d, \u043d\u0430 \u0440\u0430\u0437\u043d\u044b\u0435 \u0434\u0440\u0443\u0433\u0438\u0435 \u0432\u0430\u043b\u044e\u0442\u044b! \u0415\u0441\u043b\u0438 \u041e\u0441\u0442\u0430\u043b\u0438\u0441\u044c \u0432\u043e\u043f\u0440\u043e\u0441\u044b, \u043f\u0438\u0448\u0438\u0442\u0435 \u0432 \u0433\u0440\u0443\u043f\u043f\u0443,\u0441\u0441\u044b\u043b\u043a\u0430 \u043d\u0438\u0436\u0435!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^5 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"_id": "586375", "title": "", "text": "I can also leave my car unlocked every day with a big sign that says steal this car and leave my laptop in there every day.   I can also be a professional burglar for years and not get caught.  This would also add to the bills of the taxpayer via police costs. Should we now not pay for the police?"}
{"_id": "586417", "title": "", "text": "The President, Democrat or Republican, has very little effect on the growth or performance of an economy. The Federal Reserve has the largest impact, followed by Congress. Interestingly, if US government spending was not frozen in 2010, the US would have grown closer to the historical average of 3%. Government spending, which is controlled by Congress, brought down GDP growth."}
{"_id": "586420", "title": "", "text": "It seems to me that 99% of the problems that keep economics from being considered a real science is that it obstinately sticks to using polyanna, unrealistic models to illustrate real-world behavior.  Don't be surprised if that doesn't work and completely fails to predict major market events."}
{"_id": "586448", "title": "", "text": "\"Re:  \"\"In retirement I don't see how we can   be in a higher tax bracket than we are   now (maybe than we will be if one of   us stops working, we buy a house, we   have a couple of kids, etc).\"\" That's assuming tax rates remain the same.  What if tax rates go up?  Consider the U.S. deficit and the debt, and unfunded entitlement programs. Even though you may be in a lower bracket in retirement (bracket, as in ordered income ranges), there's still a possibility that at that later point in time, tax rates in general could be higher than today.  So, even though you may find yourself in a lower bracket in retirement, who is to say the tax rate for that bracket won't exceed what you pay today in the higher bracket? Don't think switch.  Rather, I'd consider diversifying retirement savings across both pre-tax and Roth \u2013 i.e. make contributions to each type of account \u2013 so you're not gambling 100% on which bracket you'll be in, what tax rates will be like in the future, etc. Then, you'll at least have some money in a Roth account that, in retirement, you can do with as you please without having a tax consequence ... assuming the U.S. government doesn't get so desperate as to change the tax-free nature of Roth account withdrawals! :-)\""}
{"_id": "586455", "title": "", "text": "I don't think so in your case. Unless the account generates so much interest income that it became reportable (I don't know the exact limit, but I think it's in the hundreds if not thousands of dollars, you might get a 1099 form if it generates over $10 of interest income, but you don't have to file taxes if your overall income is too low anyways). The US does not typically tax assets, only income. There are some states (Florida is the only one I can think of) that has odd tax treatment of intangible assets, but I doubt that would apply in your case. If this were a large enough amount, usually over $10,000, it might trigger some reporting requirements (possibly by your home country)."}
{"_id": "586476", "title": "", "text": "Regardless of the reason, the models are now outside of their own 95% probability range. There may be a valid reason. It is also possible that the models just overstate the warming that CO2 causes.  But the odds stand at 20-1 that by their own parameters  the models are overstating the warming.  Interestingly enough, natural cycles like El Nino were put forth as a possible explanation for the warming in the 80's and 90's.  That explanation was not accepted by alarmists at the time. They have long resisted using natural cycles to explain the pause, because they then have to admit it played a large role in the warming as well. But when you get desperate...."}
{"_id": "586478", "title": "", "text": "I have a 2006 Camry, 4 cylinder engine, roughly 186,000 miles. Best car I've ever had and will probably buy another one. I commute about 80 miles a day, the car still gets over 30mpg and has no problems keeping up with other cars. I see all of these large vehicles on the highway with one person inside and don't get it. They're such a waste of money. Everything is more expensive on a large vehicle and gas will go back to $4 per gallon."}
{"_id": "586480", "title": "", "text": "&gt;$200,000 home or less  AAHAHAHAHAHAHAHA.  I'm still not seeing houses in a metro-area with jobs going for less than $350k-$400k.  I think it's because I live in the Northeast and the Boston area, but that *is* where the opportunities are."}
{"_id": "586488", "title": "", "text": "I agree with the consensus as far as getting a cheaper car, paying with cash, getting a more fuel efficient car, etc.  But I'd like to point out, you should make sure you really need a car at all.  I ride a bike to work!  If I need a car, I can use Zipcar or City Car Share or borrow a friend's car, rent a car, take the train, ride a bus, walk.  But mostly, ride my bike.  Burn fat not gasoline! ;)"}
{"_id": "586489", "title": "", "text": "\"**Credit rating agencies and the subprime crisis**  Credit rating agencies (CRAs) \u2014 firms which rate debt instruments/securities according to the debtor's ability to pay lenders back \u2014 played a significant role at various stages in the American subprime mortgage crisis of 2007-2008 that led to the Great Recession of 2008-2009. The new, complex securities of \"\"structured finance\"\" used to finance subprime mortgages could not have been sold without ratings by the \"\"Big Three\"\" rating agencies \u2014 Moody's Investors Service, Standard &amp; Poor's, and Fitch Ratings. A large section of the debt securities market \u2014 many money markets and pension funds \u2014 were restricted in their bylaws to holding only the safest securities \u2014 i.e securities the rating agencies designated \"\"triple-A\"\". The pools of debt the agencies gave their highest ratings to  included over three trillion dollars of loans to homebuyers with bad credit and undocumented incomes through 2007.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "586502", "title": "", "text": "\"This is a really bad idea. You are asking to be forced to pay for something at a time when you most likely NOT want to buy it. Why? There is no stability (much less any degree of predictability) to give up the right to control when and for how much you would be willing to own the S&P500. Just don't do it.....\"\"generate stable income\"\" and \"\"selling puts\"\" is an oxymoron.  ===retired investment advisor\""}
{"_id": "586524", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-eu-defence-juncker-idUSKBN1900UR) reduced by 81%. (I'm a bot) ***** &gt; Two days after unveiling a multi-billion euro plan to help fund European defense research, Commission President Jean-Claude Juncker said it was time to integrate militaries and defense industries, seizing on the strong backing from France&amp;#039;s new president and Britain&amp;#039;s decision to leave the bloc.  &gt; NATO broadly supports EU defense integration, as 22 EU states are members of the U.S.-led alliance.  &gt; EU leaders will discuss broad European defense plans, first put forward by France and Germany following Britain&amp;#039;s EU referendum a year ago, at a summit on June 22-23 in Brussels.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6g8mx4/warning_of_us_desertion_eu_chief_calls_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140171 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **defense**^#1 **States**^#2 **Juncker**^#3 **European**^#4 **military**^#5\""}
{"_id": "586544", "title": "", "text": "\"Are you sure you're actually talking about real people and not shills?  It's pretty common to attribute nonsense to an entire group of people based on one shared perspective.  Consider each post as an individual and not part of the group and this fallacy disappears.   \"\"I don't put insecticides on my garden because inoculations cause autism\"\" doesn't mean insecticides are non-toxic or only idiots care about the quality of their produce.\""}
{"_id": "586572", "title": "", "text": "\"Are \u201cauto income generators\u201d scams or alternative investment channels? I wouldn't go so far as to say that these are scams so much as grossly exaggerated marketing claims. If it sounds too good to be true then it usually is. Auto auto income generator, for example, hosts a site that you can use to produce revenue from ads. In order to get enough traffic to generate the amount of income they promise you have to put in a lot of work, hardly making it \"\"automatic.\"\" I can't find anything on auto bit coin builder, however. They promise to pay out an outrageously high fixed-return with vague descriptions about \"\"investments.\"\" This is purely speculation since there is not very much information about this small site, but it may be a \"\"pyramid\"\" or \"\"Ponzi\"\" scheme. They promise a return higher than traditional investments, offer extra incentives for referrals, and offer a list of excuses for why funds may be pending even though the transfer happens \"\"INSTANTLY\"\" on their end. The fact that they only deal in crpytocurrency may also be an attempt to remain anonymous.\""}
{"_id": "586579", "title": "", "text": "&gt; First of all, any boat or yacht is a terrible investment. The depreciation is horrendous.  Can you explain why the depreciation is this way? I don't know much about yachts or boats, so I honestly don't know. Why would a boat depreciate faster/more uncontrollably than any other large asset? Is it because technology is improving too quickly? Because wear and tear on boats is particularly great, even after minimal use? Or because of the relative impossibility of keeping the boat maintained at a comparative speed to its depreciation?  Funnily enough, my dad has a boat and the cost of mooring and maintenance is far greater than they joy he gets out of it. That said, I was unaware of the quick depreciation thing."}
{"_id": "586580", "title": "", "text": "They will probably peg the Drachma to the Euro for a little while, then let it float once the atmosphere isn't as crazy as it is now.  With the new conservative government, they will probably stay with the Euro. However, there is a lot of talk about everyone giving up the Euro. Some say that the Euro has artificially compressed risk in the Eurozone. Time will tell."}
{"_id": "586593", "title": "", "text": "Clearly you respect him but I just question if you would still respect him if he didn't have all that money. He is definitely not an intellectual or a tactical heavy hitter. He has shown some very good strategies but they more often than not require a lot of upfront money to be able to weather any temporal bad results.  I can definitely applaud him for not being an idiot who burns through an enormous wealth in a short period of time."}
{"_id": "586622", "title": "", "text": "Menditconsulting.com is the top web development agency that offers IT services and Internet Marketing services. Our support comes in the form of financial commitment and even to some extent company involvement. We even go to the extent of providing career alternatives to IT professionals associated with these organizations with our other clients. Visit their website to know more."}
{"_id": "586626", "title": "", "text": "You mention only two debts, mortgage and student loan, but you mention $19K in savings, which suggests that you are a saver, and likely do not have other debts. You did not mention your (net) income and expenses (income statement), but since you have substantial savings, you likely live within your means (income > expenses).  Since you mention $38K in retirement, we might conclude you are regularly saving for retirement (are you saving 10% toward retirement)? You did not mention any medical condition or other debts, that might require a large savings, so I would suggest having 6 months savings ($2.5K x 6 = $15K) but should your net expenses be less, you might reduce this ($2K x 6 = $12K). You do not mention any investment you might want to make, but since you did not mention any candidate investments, we can assume you have no (specific) investments you find particularly attractive.  You did not mention anything you were saving to purchase that you might want to purchase. You have combined $19K + $50K = $69K savings, and $15K would be a comfortable emergency savings, leaving $54K you could use to reduce mortgage or student loan debt. The mortgage debt interest @4.5%, is higher, so paying that debt off would be like earning 4.5% guaranteed return on your money, tax-free.  At your income, your marginal tax rate is low enough that the mortgage interest deduction (if you do itemize) would not reduce this return much (15% if you itemize). The student loan debt interest @2.8%, would be like earning 2.8% guaranteed return on your money, tax-free. Clearly the higher return on your 'investment' in paying off debt would be reducing your mortgage balance (over 50% higher return on investment, compared to the student loan debt). You did not mention any circumstance that might cause the student loan rate to increase, the mortgage rate to increase, nor did you mention any difficulty making both the mortgage and student loan payments, the amounts of either payment, nor the number of years remaining to pay on either. Should you need (or desire) to reduce your payments, you could choose to payoff the student loan to eliminate one payment, and thus decrease your expenses.  Or you could choose to pay down the mortgage, and refinance (or refactor) the mortgage to obtain a smaller payment.  Another strategy (assuming you have had your house for 5-7 years), might be to pay the mortgage down enough to refinance into a 15 year loan, and (assuming you have a good credit score) obtain a lower (3%) rate. But I am going to suggest you consider a blended approach.  Combine the Dave Ramsey Debt Snowball approach with the reduce the interest rate approach.  Take the $54K ($57K?) available (after reserving 6 months emergency fund), and split between both.  You pay your mortgage down by $27K and your student loan debt down by $27K.  Your blended return on investment is (2.8+4.5)/2 = 3.65%, and you have the following Balance Sheet: Assets: Debts: The next steps would be to, There are two great reasons for paying off the student loan debt. One is the Dave Ramsey Debt Snowball approach which is that this is the smaller debt, and thus represents a psychological win, and the other is that student loan debt has special treatment even in bankruptcy."}
{"_id": "586628", "title": "", "text": "\u201cIndia is considering a legislative amendment that would end state-owned Coal India Ltd.\u2019s monopoly on coal mining, Coal Minister Sriprakash Jaiswal said.\u201cBut we will move only when there is consensus among all the political parties,\u201d Mr. Jaiswal said Tuesday, highlighting the government\u2019s view that privatization would stimulate new investment in the sector, spurring output of the fuel. \u201cCoal production has to increase to meet the growing demand,\u201d he said.Privatization is politically sensitive, however, and is unlikely to sit well with Prime Minister Manmohan Singh\u2019s allies in his coalition government as well as among many opposition parties who are opposed to any transfer of state ownership to the private sector\u2013from development of airports to opening up of the retail sector.Left-leaning trade unions, who have influence over majority of coal miners, would likely oppose any plans to amend the 1973 law\u2013the Coal Mines Nationalization Act. An amendment initiated in 2000 has been held up in Parliament primarily due to union opposition\u2013and the immediate outlook for the current plan doesn\u2019t look any brighter.Despite the headwinds, the government is motivated to slim down state-owned operations in favor of the private sector as it battles allegations of unfair policy making across the spectrum. With regard to coal, the government has recently been under sustained attack on how it allocates blocks.The federal auditor of state-owned companies, the Comptroller and Auditor General, has said that the country lost 1.85 trillion rupees ($33 billion) in potential revenue as it didn\u2019t allocate coal blocks via auctions. The charge has led to stalling of Parliament since Aug. 17 by opposition parties led by the main rival Bharatiya Janata Party, which has been demanding Singh\u2019s resignation.Meanwhile, a federal investigation agency separately launched a criminal probe Tuesday into alleged irregularities in the allocations, adding to the ruling Congress Party\u2019s woes.Commercial coal mining in India is limited to Coal India and the much smaller state-run Singareni Collieries. The government has also been allocating coal blocks for captive mining to steel, cement and power producers in order to boost output, although many of these reserves remain underdeveloped.  The minister is hopeful that commercial mining of coal, if allowed, will encourage overseas and domestic private-sector interest in India\u2019s coal sector and will help to boost coal output growth, which has been static over past two years. Coal India, which meets more than 80% of India\u2019s coal needs, is facing delays on several fronts in efforts to grow production.Many of the company\u2019s expansion plans await environment ministry approval. The company has also faced resistance from residents in areas where it seeks to acquire more land for mining. Law-and-order problems and strikes have also hit output.Mr. Jaiswal said investors in Singapore and Hong Kong last month told him that opening up the coal sector in India would bolster their interest in the country. The minister said he may lead a delegation later this month to attend a mining summit in the U.S., where he would primarily promote investment in India\u2019s coal sector.Analysts said any government move on the privatization issue is likely motivated at diverting attention from the coal block allocation allegations.Bhavesh Chauhan, an analyst with Mumbai-based Angel Broking Ltd., said that progress isn\u2019t likely in the \u201cnear\u201d future, \u201cbut, still, if the government is able to amend the law, it is going to be big positive for the country.\u201dIn the meantime, policy makers are asking Coal India to outsource more of its ongoing projects and expansions to private-sector miners on a contractual basis, though discussions are at a stalemate, Mr. Jaiswal said, adding that \u201ca panel of officials\u201d is discussing the proposal.The government is also working on plans to auction coal blocks for captive use by the end of the financial year that ends March 31. Both state-owned and private companies will be able to participate in the bidding."}
{"_id": "586632", "title": "", "text": "Try this as a starter - my eBook served up as a blog (http://www.sspf.co.uk/blog/001/). Then read as much as possible about investing. Once you have money set aside for emergencies, then make some steps towards investing. I'd guide you towards low-fee 'tracker-style' funds to provide a bedrock to long-term investing. Your post suggests it will be investing over the long-term (ie. 5-10 years or more), perhaps even to middle-age/retirement? Read as much as you can about the types of investments: unit trusts, investment trusts, ETFs; fixed-interest (bonds/corporate bonds), equities (IPOs/shares/dividends), property (mortgages, buy-to-let, off-plan). Be conservative and start with simple products. If you don't understand enough to describe it to me in a lift in 60 seconds, stay away from it and learn more about it. Many of the items you think are good long-term investments will be available within any pension plans you encounter, so the learning has a double benefit. Work a plan. Learn all the time. Keep your day-to-day life quite conservative and be more risky in your long-term investing. And ask for advice on things here, from friends who aren't skint and professionals for specific tasks (IFAs, financial planners, personal finance coaches, accountants, mortgage brokers). The fact you're being proactive tells me you've the tools to do well. Best wishes to you."}
{"_id": "586633", "title": "", "text": "Almost seems like someone running a lean distributor outfit could make a killing supplying these businesses.  Basic non-perishables warehoused?  Easy. Gist of the article in that regard looked to be minimums...which no one in their right mind likes, and especially not at their size.  I'm sure there will be a resurgence once someone figures out how to make money off of the void forming in many communities, mark my words.    I've seen supermarkets in areas of Detroit with 2 or 3 surrounding blocks totally burned out that only shut down because the owners made their zillions and decided to quit dealing with the riff-raff of a poverty ridden area.  Though...I think the homeboys firebombed one. Guess mileage varies a bit more in the 'hood."}
{"_id": "586647", "title": "", "text": "\"Your headline question \"\"How do you find best mortgage without damaging credit score?\"\" has a simple answer. If you have all your ducks in a row, and know what you are doing, you will get qualified. If you are like a recent client of mine, low FICO, low downpayment, random income, you might have issues. If your self-prequalification is good, you are in control, go find the best rate/ total cost, no need to put in multiple applications. If, for some reason you do, FICO sees that you are shopping for a single loan, and you are not dinged.\""}
{"_id": "586649", "title": "", "text": "\"Generally, yes.  Rather than ask, \"\"why are these guys so cheap?\"\", you should be asking why the big names are so expensive. :) Marketing spend plays a big role there. Getting babies to shill for your company during the super bowl requires a heck of a lot of commissions. Due to the difficulties involved in setting up a brokerage, it's unlikely that you'll see a scam. A brokerage might go bankrupt for random reasons, but that's what investor insurance is for. \"\"Safeness\"\" is mostly the likelihood that you'll be able to get access to your funds on deposit with the broker. Investment funds are insured by SIPC for up to $500,000, with a lower limit on cash. The specific limits vary by broker, with some offering greater protection paid for on their own dime. Check with the broker -- it's usually on their web pages under \"\"Security\"\". Funds in \"\"cash\"\" might be swept into an interest-earning investment vehicle for which insurance is different, and that depends on the broker, too. A few Forex brokers went bankrupt last year, although that's a new market with fewer regulatory protections for traders. I heard that one bankruptcy in the space resulted in a 7% loss for traders with accounts there, and that there was a Ponzi-ish scam company as well. Luckily, the more stringent regulation of stock brokerages makes that space much safer for investors. If you want to assess the reliability of an online broker, I suggest the following: It's tempting to look at when the brokerage was founded. Fly-by-night scams, by definition, won't be around very long -- and usually that means under a few months. Any company with a significant online interface will have to have been around long enough to develop that client interface, their backend databases, and the interface with the markets and their clearing house. The two brokerages you mentioned have been around for 7+ years, so that lends strength to the supposition of a strong business model. That said, there could well be a new company that offers services or prices that fit your investment need, and in that case definitely look into their registrations and third-party reviews. Finally, note that the smaller, independent brokerages will probably have stiffer margin rules. If you're playing a complex, novel, and/or high-risk strategy that can't handle the volatility of a market crash, even a short excursion such as the 2010 flash crash, stiff margin rules might have consequences that a novice investor would rather pretend didn't exist.\""}
{"_id": "586662", "title": "", "text": "\"You can get on boards by having good leadership skills and knowledge, being invited, and having good connections.  You can often start by joining the board of some \"\"smaller\"\" groups such as a small non-profit once you have enough relevant experience where you can actually dish out advice.  This is in addition to your normal job where you presumably are doing well and are respected.  It all starts by having enough skill (and/or connections) that someone recognizes that you can provide value at the Board of Directors level.  Or you know someone who just wants a \"\"yes\"\" man for his (or her) company.\""}
{"_id": "586704", "title": "", "text": "\"Everyone tells stories so that their side is the good guy and the other the bad guy.  One way we do this is to cast good acts as a reaction to other bad acts.  They acted first and we are just restoring balance and justice to the universe.  &gt;They're strategically aligning stimulus with tax changes benefitting the rich to make it appear as though the tax changes make the economy better, because they know it will make it worse.  That is one way to frame the issue.  We are preserving the \"\"norm\"\" and they are \"\"changing\"\" things for the worse.  The problem is the truth of the matter is a long succession of back and forth moves.  It is trivial to reframe the issue.  Take the Affordable Care Act:  &gt;High-income taxpayers also help pay for Obamacare. The health law requires workers to pay a tax equal to 0.9% of their wages over $200,000 if single or $250,000 if married filing jointly to finance Medicare\u2019s hospital insurance. It also imposes a 3.8% surtax on various forms of investment income for taxpayers whose modified adjusted gross income is over $200,000 if single or $250,000 if married filing jointly. Those provisions will account for $346 billion in revenues by 2025, according to the CBO. \u2013[Source.](http://time.com/money/collection-post/4537027/how-is-obamacare-paid-for/)  Are they \"\"benefitting\"\" the rich or correcting a \"\"harm\"\"?  If you pass legislation which entails spending and your consistent solution is to burden one portion of the populace to provide benefits all around because the rest cannot afford how you attempt to solve the problem, then do you think those you burden might politically organize?  Don't get me wrong.  I lived in Japan for over a decade and very much appreciated living in a country with national health care.  I just don't believe in good guys and bad guys in all this.\""}
{"_id": "586741", "title": "", "text": "that means fiscal year 2015,Most internal company in China or India have different fiscal year to estimate financial state when it run to the end of year"}
{"_id": "586754", "title": "", "text": "\"It's always a good time to point out Google is the most arrogant evil Big Brother corporation which has ever existed, and naming their \"\"parent\"\" corporation \"\"Alphabet\"\" is further proof of that.  What you probably didn't know is Google petitioned to eliminate \"\"Top Level Domains\"\" from the domain name system (TLDs are .com, .net, .us and so on) so that they could use their money and power to grab the domain name \"\"search\"\".  Thankfully their efforts were stopped.\""}
{"_id": "586756", "title": "", "text": "Your approach sounds solid to me.  Alternatively, if (as appears to be the case) then you might want to consider devoting your tax-advantaged accounts to tax-inefficient investments, such as REITs and high-yield bond funds.  That way your investments that generate non-capital-gain (i.e. tax-expensive) income are safe from the IRS until retirement (or forever).  And your investments that generate only capital gains income are safe until you sell them (and then they're tax-cheap anyway). Of course, since there aren't really that many tax-expensive investment vehicles (especially not for a young person), you may still have room in your retirement accounts after allocating all the money you feel comfortable putting into REITs and junk bonds.  In that case, the article I linked above ranks investment types by tax-efficiency so you can figure out the next best thing to put into your IRA, then the next, etc."}
{"_id": "586759", "title": "", "text": "Your understanding is incorrect.  The date of record is when you have to own the stock by.  The ex-dividend date is calculated so that transaction before that date settles in time to get you listed as owner by the date of record. If you buy the stock before the ex-dividend date, you get the dividend.  If you buy it on or after the ex-dividend date, the seller gets the dividend."}
{"_id": "586772", "title": "", "text": "Citizens of India who are not residents to India (have NRI status) are not entitled to have ordinary  savings accounts in India. If you have such accounts (e.g. left them behind to support your family while you are abroad), they need to be converted to NRO (NonResident Ordinary) accounts as soon as possible. Your bank will have forms for completion of this process.  Any interest that these accounts earn will be taxable income to you in India, and possibly in the U.K. too, though tax treaties (or Double Taxation Avoidance Agreements) generally allow you to claim credit for taxes paid to other countries. Now, with regard to your question, NRIs are entitled to make deposits into NRO accounts as well as NRE (NonResident External) accounts. The differences are that money deposited into an NRE account, though converted to Indian Rupees, can be converted back very easily to foreign currency if need be. However, the re-conversion is at the exchange rate then in effect, and you may well lose that 10% interest earned because of a change in exchange rate.  Devaluation of the Indian Rupee as occurred several times in the past 70 years.  Once upon a time, it was essentially impossible to take money in an NRO account and convert it to foreign currency, but under the new recently introduced schemes, money in an NRO account can also be converted to foreign currencies, but it needs certification by a CA, and various forms to be filled out, and thus is more hassle. interest earned by the money in an NRE account is not taxable income in India, but is taxable income in the U.K. There is no taxable event (neither in U.K. nor in India) when you change an ordinary savings account held in India into an NRO account, or when you deposit money from abroad into an NRE or NRO account in an Indian bank. What is taxable is the interest that you receive from the Indian bank. In the case of an NRO account, what is deposited into your NRO account is the interest earned less the (Indian) income tax (usually 20%) deducted at the source (TDS) and sent to the Income Tax Authority on your behalf. In the case of an NRE account, the full amount of interest earned is deposited into the NRE account -- no TDS whatsoever.  It is your responsibility to declare these amounts to the U.K. income tax authority (HM Revenue?) and pay any taxes due. Finally, you say that you recently moved to the U.K. for a job. If this is a temporary job and you might be back in India very soon, all the above might not be applicable to you since you would not be classified as an NRI at all."}
{"_id": "586795", "title": "", "text": "For gaining a better understanding of the Aluminum Oxide Import Data, the websites help you find out what is the assessed value of your product even before you place an order. Seair Exim Solution provides comprises HS code, Product Description, Bill of Loading Quantity, Country Name, and Port Name etc."}
{"_id": "586801", "title": "", "text": "No, that's not a fair argument. Obviously that is theft, and the sales associate isn't authorized to do that. She is allowed to act on Target's behalf to process transactions, however.   Buying a gift card with a gift card is not theft. At the most it's a breach of a contract, but Target has little resource because it was a mutual breach of contract. A judge would laugh in Target's face if it tried to get its money back after its own employees and managers processed the transactions."}
{"_id": "586843", "title": "", "text": "It might take decades before people would agree to basic income. What about the tens of millions that are unemployed, suffering in poverty so that lucky people who can get a job can earn atleast 15$ an hour?  That's even more unfair than what's happening right now. That's not equality."}
{"_id": "586851", "title": "", "text": "@JoeTaxpayer gave a great response to your first question. Here are some thoughts on the other two... 2) Transaction fees for mutual funds are tied to the class of shares you're buying and will be the same no matter where you buy them. A-shares have a front-end 'load' (the fee charged), and the lowest expenses, and can be liquidated without any fees. B-shares have no up-front load, but come with a 4-7 year period where they will charge you a fee to liquidate (technically called Contingent Deferred Sales Charge, CDSC), and slightly higher management fees, after which they often will convert to A-shares. C-shares have the highest management fees, and usually a 12- to 18-month period where they will charge a small percentage fee if you liquidate. There are lots of other share classes available, but they are tied to special accounts such as managed accounts and 401-K plans. Not all companies offer all share classes. C-shares are intended for shorter timeframes, eg 2-5 years. A and B shares work best for longer times. Use a B share if you're sure you won't need to take the money out until after the fee period ends. Most fund companies will allow you to exchange funds within the same fund family without charging the CDSC. EDIT: No-load funds don't charge a fee in or out (usually). They are a great option if they are available to you. Most self-service brokerages offer them. Few full-service brokerages offer them. The advantage of a brokerage versus personal accounts at each fund is the brokerage gives you a single view of things and a single statement, and buying and selling is easy and convenient. 3) High turnover rates in bond funds... depending on how actively the portfolio is managed, the fund company may deliver returns as a mix of both interest and capital gains, and the management expenses may be high with a lot of churn in the underlying portfolio. Bond values fall as interest rates rise, so (at least in the USA) be prepared to see the share values of the fund fall in the next few years. The biggest risk of a bond fund is that there is no maturity date, so there is no point in time that you have an assurance that your original investment will be returned to you."}
{"_id": "586853", "title": "", "text": "Display fridge units or serve overs, are ideal for fresh produce such as dairy products, sandwiches, various deli items and meat and poultry. Serve over counters are available in curved or flat glass display options, slimline design, mobile, counter top and low glass or self serve and stainless steel finish. Choose from well known and respected commerical brands like Valera, Mafirol and Frilixa. Please visit our web site for more information."}
{"_id": "586858", "title": "", "text": "Secura Bags, a division of National Document Shredding is a proud Australian owned and operated shredding service providers who work with companies to ensure secure document destruction. We have years of hands on experience in the industry, visit us now to know more."}
{"_id": "586865", "title": "", "text": "\"I was being sarcastic. What I was trying to say was that this is a horseshit \"\"kick the can down the road\"\" maneuver that will only make things worse in the long run.   Spain is fucked, Italy is next. Greece is leaving the Euro, and soon there will be capital controls all across Europe. It'll be hell.\""}
{"_id": "586872", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.fraserinstitute.org/studies/economic-freedom-of-the-world-2017-annual-report) reduced by 87%. (I'm a bot) ***** &gt; Chapter 1: Economic Freedom of the World in 2015The authors of the report, James Gwartney, Robert Lawson, and Joshua Hall, provide an overview of the report and discuss why economic freedom is important.  &gt; Chapter 3: Adjusting for Gender Disparity in Economic Freedom and Why It MattersBy Rosemarie FikeThe adjustment for gender disparity applied this year to Area 2, Legal System and Property Rights, of the index published in Economic Freedom of the World takes into account the fact that in many nations women are not legally accorded the same level of economic freedom as men.  &gt; &amp;quot;Chapter 5: Economic Freedom in South Africa and the Constraints on Economic PolicyBy Richard J. GrantThe index published in the Economic Freedom of the World covers two very distinct eras in South African history: the apartheid era and that after the transition to the&amp;quot;new South Africa&amp;quot; in 1994.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73t0jg/economic_freedom_of_the_world_2017_annual_report/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220611 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Economic**^#1 **Freedom**^#2 **nations**^#3 **index**^#4 **Country**^#5\""}
{"_id": "586875", "title": "", "text": "I know of websites that do this, but I don't know of banks that do. Is there any reason you want to do this at a bank rather than use a service?  My main concern with using a bank for this would be the risk of overdraft fees"}
{"_id": "586909", "title": "", "text": "I'm of the opinion that it doesn't matter much unless something in your life changes in retirement. And since many retirement planners assume a default income target of 80 percent of pre-retirement income, I figure many people's tax bracket isn't moving much. The most interesting reason I know to Go Roth in a 401k is limits. You can only contribute like $17k, whether Roth or not. In a traditional contribution, some of the 17k you put in goes to taxes when taken out, but in a Roth contribution you pay taxes up front. So if you have more than $17k to invest, Roth lets you sneak some more into the system."}
{"_id": "586920", "title": "", "text": "\"I'm a bit loathe to offer this response, but some pre-paid credit card vendors offer \"\"direct deposit\"\" to the card. Not surprisingly, Wal-Mart is one of them -- the very first \"\"how to reload\"\" option is direct deposit from an employer: https://www.walmartmoneycard.com/walmart/account/learn-how I think this sort of service encourages bad money habits. People shouldn't have to pay fees to get their own money.\""}
{"_id": "586930", "title": "", "text": "Possibly but not necessarily, though that can happen if one looks at the US interest rates in the late 1970s which did end with really high rates in the early 1980s. Generally interest rates are raised when inflation picks up as a way to bring down inflation."}
{"_id": "586944", "title": "", "text": "(1) Should I register for VAT?\u00a0 \u2013 If it is below the threshold amount it is purely voluntary. If you register for VAT, you would have to charge VAT and then do returns every quarter. If you can take up this bit of hassle, it doesn't make much of a difference. One thing you need to consider: you get 1% discount during your first year of registering for VAT. If you want to save this discount for when you really need to pay VAT, it could be helpful. (2) What benefits would registering for VAT include?\u00a0 \u2013 Except for reclaiming VAT, where you pay VAT for business expenses, not much. (3) Would I not just hold onto the monies for HMRC ?\u00a0 \u2013 You wouldn't hold any money for HMRC. They will send you notifications if you do not file your returns and pay your VAT quarterly. And get everything cleared from your accountant. If your accountant doesn't answer properly, make it clear you need proper answers. Else change your accountant. If you do something wrong and HMRC gets after you, you would be held liable \u2013 your accountant can take the slip if you signed on all business documents provided by your accountant."}
{"_id": "586954", "title": "", "text": "\"The model you're proposing is one I've never heard proposed. Further, outside of assuring that vaccines are administered I do not see how \"\"the government\"\" could assure population growth (aside from banning birth control). It also appears that [the US population has never declined.](http://www.census-charts.com/Population/images/pop-us-1790-2000.png)\""}
{"_id": "586955", "title": "", "text": "Whether you are celebrating a special anniversary or commemorating the memory of a loved one, Encanto Jewellery has gifts fit for any occasion. What is more, they operate an easy payment scheme so you can spread the cost over three months, interest free. Buying jewellery has never been easier or more convenient, yet the quality and beauty is beyond compare. See the full range at https://encantojewellery.co.uk/."}
{"_id": "586959", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://nautil.us/issue/52/the-hive/is-there-an-ideal-amount-of-income-inequality) reduced by 94%. (I'm a bot) ***** &gt; Inequality per se is not bad. Some inequality is inevitable, even desirable, in a free-market society.  &gt; How much more? In other words, at the risk of sounding oxymoronic, what is the fairest inequality of income? This critical question is at the heart of the inequality debate.  &gt; The Harvard philosopher Tim Scanlon argues that extreme inequality is bad for the following reasons: economic inequality can give wealthier people an unacceptable degree of control over the lives of others; economic inequality can undermine the fairness of political institutions; economic inequality undermines the fairness of the economic system itself; and workers, as participants in a scheme of cooperation that produces national income, have a claim to a fair share of what they have helped to produce.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73kpw6/is_there_an_ideal_amount_of_income_inequality/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219949 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **inequality**^#1 **percent**^#2 **income**^#3 **society**^#4 **system**^#5\""}
{"_id": "586984", "title": "", "text": "Similar premise, yes. It's an investment so you're definitely hoping it grows so you can sell it for a profit/gain. Public (stock market) vs. private (shark tank) are a little different though in terms of how much money you get and the form of income.    With stocks, if you buy X number of shares at a certain price, you definitely want to sell them when they are worth more. However, you don't get, say 0.001% (or whatever percentage you own, it would be trivial) of the profits. They just pay a dividend to you based on a pre-determined amount and multiply it by the number of shares you own and that would be your income. Unless you're like Warren Buffet and Berkshire who can buy significant stakes of companies through the stock market, then they can likely put the investment on the balance sheet of his company, but that's a different discussion. It would also be expensive as hell to do that.    With shark tank investors, the main benefit they get is significant ownership of a company for a cheap price, however the risk can be greater too as these companies don't have a strong foundation of sales and are just beginning. Investing in Apple vs. a small business is pretty significant difference haha. These companies are so small and in such a weak financial position which is why they're seeking money to grow, so they have almost no leverage. Mark Cuban could swoop in and offer $50k for 25% and that's almost worth it relative to what $50k in Apple shares would get him. It's all about the return. Apple and other big public companies are mature and most of the growth has already happened so there is little upside. With these startups, if they ever take off then and you own 25% of the company, it can be worth billions."}
{"_id": "587032", "title": "", "text": "\"The simple answer is that, even though mortgages can go for 10, 15, 20 and 30 year terms in the U.S., they're typically backed by bonds sold to investors that mature in 10 years, which is the standard term for most bonds. These bonds, in the open market, are compared by investors with the 10-year Treasury note, which is the gold standard for low-risk investment; the U.S. Government has a solid history of always paying its bills (though this reputation is being tested in recent years with fights over the debt ceiling and government budgets). The savvy investor, therefore, knows that he or she can make at least the yield from the 10-year T-note in that time frame, with virtually zero risk. Anything else on the market is seen as being a higher risk, and so investors demand higher yields (by making lower bids, forcing the issuer to issue more bonds to get the money it needs up front). Mortgage-backed securities are usually in the next tier above T-debt in terms of risk; when backed by prime-rate mortgages they're typically AAA-rated, making them available to \"\"institutional investors\"\" like banks, mutual funds, etc. This forms a balancing act; mortgage-backed securities issuers typically can't get the yield of a T-note, because no matter how low their risk, T-debt is lower (because one bank doesn't have the power to tax the entire U.S. population). But, they're almost as good because they're still very stable, low-risk debt. This bond price, and the resulting yield, is in turn the baseline for a long-term loan by the bank to an individual. The bank, watching the market and its other bond packages, knows what it can get for a package of bonds backed by your mortgage (and others with similar credit scores). It will therefore take this number, add a couple of percentage points to make some money for itself and its stockholders (how much the bank can add is tacitly controlled by other market forces; you're allowed to shop around for the lowest rate you can get, which limits any one bank's ability to jack up rates), and this is the rate you see advertised and - hopefully - what shows up on your paperwork after you apply.\""}
{"_id": "587033", "title": "", "text": "\"Seriously, have you ever actually done any research on the CPI before making such silly claims?  &gt;This is also kind of glossing over the fact that the CPI essentially makes the bold argument that energy and transportation prices never affect inflation.  From the CPI website -  http://www.bls.gov/cpi/cpifaq.htm#Question_9   &gt;Which index is the \"\"Official CPI\"\" reported in the media? Our broadest and most comprehensive CPI is called the All Items Consumer Price Index for All Urban Consumers (CPI-U) for the U.S. City Average, 1982-84 = 100.  &gt;In addition to the All Items CPI, BLS publishes thousands of other consumer price indexes. One such index is called \"\"All items less food and energy\"\". Some users of CPI data use this index because food and energy prices are relatively volatile, and these users want to focus on what they perceive to be the \"\"core\"\" or \"\"underlying\"\" rate of inflation.  &gt;Again, while we publish many indexes, our broadest measure of inflation includes all items consumers purchase, including food and energy. In addition, when CPI data are reported, these data can be reported on a not seasonally adjusted basis as well as a seasonally adjusted basis. Often, the media will report some, or all, of the following:\""}
{"_id": "587067", "title": "", "text": "Me too, but the broguht the big king back, and now I go for that. I really only tend to eat it during school or long time pressed road trips. I leave early to doge traffic, work from campus, and then I have classes until well after most kicthens are closed."}
{"_id": "587081", "title": "", "text": "Wtf.. as a small business owner's son this pisses me off where the woman injures herself and NEEDS 9 months off because of her pre-existing condition and it all comes out of the company's pocket? It is ashame she needs help from anyone but it should come from social security, not the pockets of business owners. Sucks he waited to fire her only because he had a vaca coming soon and wanted it worry free without training a new employee."}
{"_id": "587111", "title": "", "text": "In order to understand how much you might gain or lose from participating in the futures markets, it is important to first understand the different ways in which the slope of the futures markets can be described. In many of the futures markets there is a possibility of somebody buying a commodity at the spot price and selling a futures contract on it. In order to do this they need to hold the commodity in storage. Most commodities cost money to hold in storage, so the futures price will tend to be above the spot price for these commodities.  In the case of stock index futures, the holder receives a potential benefit from holding the stocks in an index.   If the futures market is upward sloping compared to the spot price, then it can be called normal. If the futures market is usually downward sloping compared to the spot price then it can be called inverted. If the futures market is high enough above the spot price so that more of the commodity gets stored for the future, then the market can be called in contango. If the futures market is below the point where the commodity can be profitably stored for the future, and the market can be called in backwardation. In many of these cases, there is an implicit cost that the buyer of a future pays in order to hold the contract for certainly time. Your question is how much money you make if the price of gold goes up by a specific amount, or how much money you lose if the price of gold goes down by the same specific amount.  The problem is, you do not say whether it is the spot price or the futures price which goes up or down.  In most cases it is assumed that the change in the futures price will be similar to the change in the spot price of gold.  If the spot price of gold goes up by a small amount, then the futures price of gold will go up by a small amount as well.  If the futures price of gold goes up by a small amount, this will also drive the spot price of gold up.  Even for these small price changes, the expected futures price change in expected spot price change will not be exactly the same.  For larger price changes, there will be more of a difference between the expected spot price change in expected future price change.   If the price eventually goes up, then the cost of holding the contract will be subtracted from any future gains.  If the price eventually goes down, then this holding cost should be added to the losses.  If you bought the contract when it was above the spot price, the price will slowly drift toward the spot price, causing you this holding cost.  If the price of gold does not change any from the current spot price, then all you are left with is this holding cost."}
{"_id": "587120", "title": "", "text": "\"What you're talking about is called \"\"tax gain harvesting,\"\" and it is considered good tax management. From The Oblivious Investor, investors in the 10% or 15% bracket pay 0% tax on long-term capital gains. For an interesting take on never paying income taxes again, check out Go Curry Cracker. You can claim up to $70,000 or so in capital gains before paying any taxes if you are the 10% or 15% tax bracket.\""}
{"_id": "587137", "title": "", "text": "This is an old question that has an accepted answer, but it has gotten bumped due to an edit and the answers given are incorrect. I am assuming this means that every other Friday, the company is going into the open public market, buying those shares and then giving it out to the employees. No. Companies will internally hold shares that it intends to offer employees as additional compensation. There are no open market transactions, so the market price of the stock does not change (at least not due to buying pressure).  The only net effect is an equivalent expense for the compensation, but that should already be accounted for in the share price as normal operating expenses. These share may come through an initial buyback from the market, but more common is that when companies issue new shares they keep some internally for exactly this situation.  If they issued new shares every pay period, it would dilute the existing shares several times a quarter which would be difficult to account for."}
{"_id": "587143", "title": "", "text": "If there was some contract in place (even a verbal agreement) that he would complete the work you asked for in return for payment, then you don't have to pay him anything. He hasn't completed the work and what he did do was stolen from another person. He hasn't held up his end of the agreement, so you don't owe squat."}
{"_id": "587154", "title": "", "text": "Maybe the location isn't yet, but will soon become a new loss.  For example older soon out of warranty equipment, new tax laws in the locality soon to take affect or even just declining sales over the past periods of measurement. Perhaps labor disputes or other locality issues make running the store difficult.   There is the possibility that the land the location occupies is worth more sold to the new big box retailer than it will be in the next 10 years of operation. In some cases, companies want to have a ton of cash on hand, or would sell assets to pay off debt."}
{"_id": "587187", "title": "", "text": "In Australia we have a 50% capital gain discount if you hold the asset for more than 12 months, whether it is in shares, property or other assets. The main reason is to encourage people to invest long-term instead of speculating or trading. The government sees speculation or short term trading as more risky than long term investing for the everyday mum and dad investor, so rewards people it sees taking the lower risk long term view. In my opinion, long term investing, short term trading and speculation can all be risky for someone who is unedutated in the financial markets, and the first rule of investing should be to consider the asset itself and not the tax implications."}
{"_id": "587192", "title": "", "text": "If you're under age 55 and in good health generally you cannot withdraw your funds from super and your super fund cannot provide you with any financial assistance eg lend you money. However, for a very small percentage of people with unrestricted non preserved superannuation components ( check your statement most people's superannuation is 'preserved'which means they cannot access it until they meet a 'condition of release')they may withdraw their super benefits upto the unrestricted non preserved amount. For healthy (& able) persons  aged 55 and over they may access their super under the following conditions: I can understand your frustration of having your money compulsory tied up in superannuation especially given the poor investment returns of the past 5 years. However, superannuation may be more flexible than you realize, I am an adviser at Grant Thornton and I am constantly telling clients that superannuation is not an invest but it the most tax effective long term savings vehicle available to Australians for their investment savings eg max 15% tax on income and capital gains if held for a year are taxed at 10%.  If you're not happy with your investment returns you may like to seek some advice or,set up your own super fund - a self managed super fund where you can invest a wide variety of assets; shares, managed funds,cash, term deposits, property( your super fund can even borrow to help acquire the property) I hope this helps"}
{"_id": "587193", "title": "", "text": "The point about insurance is solidarity. Think about this: In London a few hundred years ago people first started insuring their houses against fire. There were several insurance companies, and if you used one you got a marker on your house. So if your house caught fire they would come and check, and they would put the fire out only if it had their marker on it.  Now, in most places these days the fire brigade will always come and always put your fire out. We expect this, and we are happy to pay for this service by taxation, and we do not fret about wasted money if we pay it for decades without ever having a fire. We also do not complain if the neighbour's house burns, and they get the full fire service which we have been paying for.  Now all the fire brigade do is rescue you and put your fire out. Here in Germany every house owner is also obliged to have fire insurance, so if your house burns it can be repaired or rebuilt. Everyone pays insurance premiums, and I never heard anyone complain if they paid for 50 years and never claimed anything. If you need a new house the payout is huge. But the premiums are low. This only works if everyone is insured. This can only work if we all accept the concept of solidarity. It is easy to say, I don't smoke so I don't need to insure against fire, or, I live a healthy life so I don't need to insure against cancer. But lightning does not check your CV before it strikes. It hits you or your fellow man, and how can you justify not helping your neighbour? Insurance can only work if we all take part."}
{"_id": "587194", "title": "", "text": "Clutch Bags,  is a top most leading brand of bags manufacturer and seller. We provide the best Quality product in the world. If you are looking leather bags and leather accessories online, then we are the best one way for you. We provide all leather products at the affordable price. Our endeavor to provide high-grade products at appropriate prices has won us the trust and repute of several customers. We are also facilitated with a highly advanced technique."}
{"_id": "587220", "title": "", "text": "\"In general, it is unusual for a credit check to occur when you are terminating a contract, since you are no longer requesting credit. If the credit check was a \"\"hard pull\"\" it will stay on your credit report for 2 years, but will only have an impact on your credit score for up to 12 months. If the check is a \"\"soft pull\"\" it has no impact on your credit score. Since you're past the 12 months boundary anyway, I wouldn't worry about it.  That being said, please feel free to continue your investigation and report back if you can get Comcast to admit they performed the 2nd credit check. I'm sure we'd all be interested to hear their explanation for it.\""}
{"_id": "587227", "title": "", "text": "\"With a jamming device, but if they put in sheet metal for \"\"insulation\"\" or design, or whatever.. There are ways around it. I could be wrong, but I don't think there are rules against passive blocking as long as there's a viable alternative reason the things are there.\""}
{"_id": "587233", "title": "", "text": "I ran a plastic recycling plant with my dad about 10 years ago and the techniques or operations are still the same. The beauty of the plastic industry is that the market is extremely under served. The market is so under served that many of the big processors across the country will lease the machinery to you to process the material they send to you and let you pay for the machinery by processing some of their inventory for them. Recycling is a lucrative industry. I still have my old business plan if you are interested. You have a major player there in Northern Cali. Let's talk trueoutlawconsulting@gmail.com"}
{"_id": "587262", "title": "", "text": "Yes, it does matter very much. There's a thing called fungible instruments. These are the instruments where it doesn't matter. E.g. most options I ever dealt with in the US are fungible no matter which US exchange you trade them on. A fungible instrument is an instrument where you buy 1 lot on exchange A, then sell 1 lot on exchange B, and as a result you have 0 lots.  With another instrument, you can buy 1 lot on exchange A, sell 1 lot on exchange B, and even tough they are the exact same thing, you now own 1, and owe 1 - they don't cancel each other out. Other than that, in different countries there are obviously different laws and regulations. For a small at home trader who just gambles for fun and isn't interested in negative positions (sell what you don't have), there isn't much of a difference . I think that's what the other answers are saying."}
{"_id": "587267", "title": "", "text": "Credit risk and insurance risk are highly correlated for a single legal party.  Trouble with one could indicate trouble with another. Any increase in credit risk such as new borrowing will be perceived to be an increased likelihood of insurance risk, manifested as a fraudulent or subconsciously induced claim.  Any claim of insurance will be perceived to be an increased likelihood of default, manifested as a default, voluntary or not. To a creditor/insurer, only the law applies; therefore, private arrangements between the borrower/insured and third parties do not factor because the creditor/insurer has no hope of recourse against such third parties in most places around the world. Regardless of whether there is a price ceiling on compensation for damages to assets, limiting an insurers costs, if a risk is realized then it can be presumed through sequential sampling as well as other reliable statistical techniques that future risk has risen.  The aforementioned risk dominoes subsequently fall. Generally speaking, the lower one's financial variance, the lower the financial costs.  In other words, uncertainty can be mostly quantified with variance and other mathematical moments as well.  Any uncertainty is a cost to a producer thus a cost to the consumer.  A consumer who is perfectly predictable with good outcomes will pay much lower costs on average than not, so one who keeps a tight financial ship, not exposing oneself to financial risks and better yet not realizing financial risks, will see less financial variance, thus will enjoy lower costs to financing, which includes insuring."}
{"_id": "587288", "title": "", "text": "Database For Business connects its users to Dubai real estate information, analysis, data, news and opportunities, you should select the right business directory in Dubai, that's capable for better service of real estate database. We have a more database service such as mobile database, business database, email marketing database and we provide new technology service with UAE real estate database.  It is a trustable place for you in Dubai, we have different service of database in lowest price which is essential for your real estate business. The Database For Business is a collaboration of real estate agents and always help you to keep secure data of real estate business. We offer an extensive database of Dubai properties to our clients."}
{"_id": "587293", "title": "", "text": "The median Fortune 500 company made 10 billion in revenues last year.   If the company does 5% better, thats 500 million dollars. If you think the CEO is responsible for only 1% of that, its 5 million dollars.   EDIT: You wanted two good reasons. Take a look at what a bad CEO can do at a company -- say, HP -- versus a good one, say, GE or Apple. If you can justify an extremely high salary for the high end, then the next best performers can argue that as well.  I think lots of people would be ok with the best CEOs earning the salaries in that top 10 list if the worst CEOs also weren't paid millions."}
{"_id": "587324", "title": "", "text": "You're right, but it's kind of a meaningless indicator because it doesn't account for important qualitative information about the debt: who owns it, the credibility of the central bank, etc.  Countries like the US and Japan can service a much higher debt load than Greece can, for reasons I went in to below."}
{"_id": "587348", "title": "", "text": "In the US, if you have fewer than 15 employees, the main discrimination laws don't apply. You don't have to hire certain races if you don't want to. Of course, you might still get taken to court, since some people might not know that, and you might still get bad pr."}
{"_id": "587353", "title": "", "text": "PA ate their lunch. They went from a relative nobody in the gaming world to 2nd overall in revenue behind Nevada. That put NJ in 3rd and in a whole heap of trouble. NY isn't a problem until they authorize a casino inside the NY metroplex that's accessible straight from the boroughs."}
{"_id": "587358", "title": "", "text": "The answer to your question depends on your answer to this question:  Would you be willing to take out a loan at that interest rate and invest that money straight into stocks? That's basically what you're planning to do. You leverage your stock investment, which is a valid and often used way to improve returns. Better returns ALWAYS come with more risk. Depending on your location there might be a tax advantage to a mortage, which you can take into account."}
{"_id": "587380", "title": "", "text": "They are not great points at all. What does this guy think happens to the money spent on stock buybacks? It just disappears?  People reinvest that money- sometimes in the stocks of other companies that *do* have good R&amp;D projects that they need to fund, sometimes in startups, sometimes in yachts, and sometimes in government bonds.   It's stupid to just expect companies to force R&amp;D spending if they cant find projects to actually work on. It's not better for the economy for a company to just go and waste a billion dollars on a ridiculous project that has no hope of actually being meaningful in the marketplace just so that this guy can feel good about R&amp;D spending as % of GDP."}
{"_id": "587385", "title": "", "text": "Folks like you will be outweighed by those that use it to full advantage.   I used to go to the movies at least twice a week; when I lived in London I could easily go to 4 showings at the cheap Prince Charles cinema in a weekend."}
{"_id": "587386", "title": "", "text": "Beauty salon Shrewsbury provides best beauty treatments and  pamper package in Shrewsbury. Pamper package Shrewsbury is a best part of our services. In their take cares of you and your beauti too. With our work you will be free from your stress. We available for you every tuesday to saturday."}
{"_id": "587391", "title": "", "text": "I was recently at the National Physical Laboratory in the UK and discussing exactly this.  By January 2018 financial institutes will be legally required to time stamp all transactions (including high frequency trades) with a UTC time code.  Today this is almost exclusively done using GPS satellite time and as the OP states - these can be spoofed but also are vulnerable to certain weather conditions.  One of the many innovations of NPL in their recent diversification includes sending \u2018time\u2019 into the city by  optical fibre which is \u2018gold standard and cannot be tampered with\u2019.  Very interesting topic ( I thought )!"}
{"_id": "587398", "title": "", "text": "Are you talking about TARP because that was paid back early and at 6.2% interest, the gov't made money on that bailout. The auto bailout however lost the gov't billions at the taxpayers expense and the bondholders got screwed over and the unions made out like bandits. Your title just shows how bias and  uneducated you are on the subject."}
{"_id": "587426", "title": "", "text": "\"After the IPO, the market said \"\"Oh fuck, what were we thinking? We gave them too much money. We'll extract it from the schmucks that bought in.\"\"  It was essentially a wealth transfer from the folks that bought to Facebook.   How is that a \"\"disaster\"\" for FB?\""}
{"_id": "587434", "title": "", "text": "\"They can't work forever, despite some of these folks ideas to the contrary. Eventually their health will make it prohibitive to positively contribute to the work environment and companies won't want to deal with these higher risk employees.   The saying \"\"you can't teach an old dog new tricks\"\" plays out a lot more than I'd like each week. Something as simple as e-mail or Excel turns into a fiasco because these folks don't know how to use it effectively (or at all) yet refuse to allow people to take the time to teach them (I've offered many times).   It's more efficient to get people up to speed ONCE than it is to have your office phone ringing off the hook because you're the guy who knows how to use a PC at an elementary school level and thus become the defacto help desk technician. It cuts into my productivity considerably when I'm asked to do this stuff for people. That's why we have an IT department, not that my IT department is particularly savvy.\""}
{"_id": "587443", "title": "", "text": "&gt; and let's stick to the science on it  states that passed recreational use are the ones screwing up progress.  NO ONE is against helping folks in need with medical MJ.  it's the doped up slug heads that will forever make Congress shy"}
{"_id": "587445", "title": "", "text": "What good does that do a city, though? More so than housing any large company?  I'd be mildly surprised if HQ2 surpassed what Amazon has in Seattle now. That's a very long buildup and there's a lot of established business structure here, and I don't get the impression that it's going to slow down. My hunch is that they've simply given up on trying to keep up with the pace of growth with only one major campus. This gives them a lot more options.  I want to see how they plan to foster the growth of HQ2. There are a couple of easy ways to get me to consider moving, but at the same time, there are serious advantages to staying in Seattle: all of the interesting projects and teams are here, and all of it's within walking distance. It would be a pity to lose that."}
{"_id": "587452", "title": "", "text": "I disagree. You look at other chains like Buffalo Wild Wings that serve things other than wings and their food is decent for the price. Their service is kinda crappy but plenty of chains can do well. And you're right, people are less inclined to tip anymore but money today is not worth what it was in decades past."}
{"_id": "587462", "title": "", "text": "\"Thanks for the response.   I am using WRDS database and we are currently filtering through various variables like operating income, free cash flow etc.  Main issue right now is that the database seems to only go up to 2015...is there a similar database that has 2016 info?  filtering out the \"\"recent equity issuance or M&amp;A activity exceeding 10% of total assets\"\" is another story, namely, how can I identify M&amp;A activity? I suppose we can filter it with algorithm stating if company's equity suddenly jumps 10% or more, it get's flagged\""}
{"_id": "587469", "title": "", "text": "\"Lack of empathy forces your business to run at 100% turnover. Respect breeds respect.  The \"\"college kid working for beer money\"\" can suck a dick because he doesn't exist. Someone working for a little extra cash is not who we're talking about. As this Subway is showing, everybody knows it too.  The people doing the heavy lifting are the \"\"part-timers\"\" working 39 hours a week.\""}
{"_id": "587477", "title": "", "text": "Good, businesses that rely on slaves shouldn't exist. This isn't economic theory, this is real peoples lives. If you're a company that pays so little your employees need food stamps and rent assistance then fuck your business! Why do I pay taxes that supplement your companies profit margin? Why is this fairly direct corporate welfare not the type of welfare you right wingers ever bitch about? You love the masters crumbs right? Or it's just not you, so fuck poor people right? They should just die in the street and make way huh?  [Flagstaff?](http://www.azcentral.com/story/news/politics/fact-check/2017/03/29/fact-check-flagstaff-minimum-wage-hike-proposition-414/98641896/)"}
{"_id": "587496", "title": "", "text": "Regardless of who is actually filling the positions, these jobs aren't meant for adults with families.  They're part time, no-responsibility positions that pay beer money for teenagers and college students. Employing those types is part of the business model. Nobody has a right to inject themselves into that model and then suddenly demand a full time position and the associated benefits simply because their personal life circumstances require it.  The problem is that there aren't enough full time positions out there to support families on, not that fast food joints don't offer those full time positions."}
{"_id": "587508", "title": "", "text": "Right, I understand minority interest but it is typically reported as a positive under liabilities instead of a negative. For example, when you are calculating the enterprise value of a company, you add back in the minority interest.    Enterprise Value= Market Share +Pref Equity + Min Interest+ Total Debt - Cash and ST Equivalents.    EV is used to quantify the total price of a company's worth. If you have negative Min Interest on your books, that will make your EV less than it should be, creating an incorrect valuation.   This just doesn't make any sense to me. Does it mean that the subsidiary that they had a stake in had a negative earning?"}
{"_id": "587511", "title": "", "text": "&gt; her go-to-market strategy is so cliche!   What's Taylor going to do? *sob* some blogger says my team's marketing is cliche. Where's a $100 bill to dry my tears with?   Seriously. If you are going to potentially get millions of dollars out of a release, wouldn't you want to take steps to ensure it'll happen?"}
{"_id": "587514", "title": "", "text": "You should be aware that many pubs in the London (indeed, the UK as a whole) are sold as a leasehold with a beer tie. This typically means you pay less rent for the building and premises, but must enter a contract with the Pub Company to buy their beer and day-to-day supplies. You have the legal option to instead pay market rent for some (but not all) Pub Cos, under certain conditions. If you go with leasehold, the landlord can usually close your pub at their will. This is becoming a quite common occurrence in the booming real estate market of London. While your interest will be in running a pub, the Pub Co's interest will be in getting change of use planning permission and selling it to a real estate developer."}
{"_id": "587516", "title": "", "text": "An index will drop a company for several reasons:  A fund decides how close they want to mirror the index. Some do so exactly, others only approximate the index."}
{"_id": "587525", "title": "", "text": "Are you looking for high quality playground rubber? Reach out to us, i.e. Brisbane Safety Matting  and get the best of all under a suitable budget. Playground matting should always be fall protective and healthy to the use of kids. This is why, what we suggest is meet us at our base and we will show you how rich we are with playground matting solutions. Moreover, there is no risk of counterfeit products and needless expense as Brisbane Safety Matting  holds years of occupational acknowledgement."}
{"_id": "587530", "title": "", "text": "Let me begin with very interesting article that was published in Charlotte Business Journal on August 17, 2012. According to the news - Bridgetree wins $4.2 million jury award against Red F Marketing of Charlotte and others, including its founder, Dan Roselli, in a software trade-secrets case."}
{"_id": "587536", "title": "", "text": "\"You mention that \"\"A great friend and couple's family\"\" which makes me think this is a couple.   For gift tax concerns, you can give a couple 2 x the gift tax exemption ($28,000 in 2015).  Your example of $22k would fit in this amount. To give this money anonymously, I know that people have reached out to a pastor in the area who will deliver an envelope with the gift and not disclose the source. Talking to a pastor who has done this, he said the call came out of the blue and he was happy to be able to help.\""}
{"_id": "587539", "title": "", "text": "\"The fair price of a stock is the present value of its future payments.  That means the stock you have described would have a \"\"fair\"\" value that is quite high and you wouldn't be able to put much of it in your 401(k) or IRA. The IRS requires that \"\"fair value\"\" be used for calculating the value of IRA and 401(k) assets. Of course, if the stock is not publicly traded, then there's not an obvious price for it.  I'm sure in the past people have said they spent a small amount of money for assets that are actually worth much more in order to get around IRS limits.  This is illegal. The IRS can and sometimes will prosecute people for this. In order to address abuses of the system by inclusion of hard to value assets in retirement accounts, the IRS has additional reporting requirements for these assets (nonpublic stock, partnerships, real estate, unusual options, etc.) and those reporting requirements became more stringent in 2015.  In other words, they are trying to clamp down on it. There are also likely problems with prohibitions against \"\"self-dealing\"\" involved here, depending on the specifics of the situation you are describing.\""}
{"_id": "587541", "title": "", "text": "They didn't have enough money to cash everybody out. And at a $100B valuation, a lot of people wanted out. Note that they only earn a billion dollars (only 1% of the initial speculated valuation), and most of that needs to be reinvested into the company to keep it going. They need to spend money buying Instagram and other patents/startups, etc to ward of competitors."}
{"_id": "587547", "title": "", "text": "ABOUT US-SPRINGHILL GROUP COUNSELLING  About Us  Springhill Group Counselling aims to educate the public about counselling and psychotherapy, and through the provision of information seeks to facilitate the process for clients before and during therapy. We are happy to discuss any queries or concerns which you may have about therapy or the process. Please contact us via email at info@springhillgroupcounselling.com  Released: Saturday, December 3, 2011 06:18 UTC  Type of news: Good   \u203a Reporter type  Author: pearlcrow     \u203a I like it / I don\u2019t like it  \u203a Save  \u203a Follow the reporter  \u203a Ignore the reporter  Only registered users can comment. Register! Related news Recent News \u2013 Springhill Group http://recentnews.springhillmedgroup.com/ Springhill Group Services provides with it a dedication to delivering an extensive standard of program and superior quality care. From an... Wednesday, November 30, 2011 UTC Springhill Group \u2013 Mayor: Med Center Needed http://recentnews.springhillmedgroup.com/2011/11/springhill-mayor-med-center-needed/ Maury Regional Medical Center has applied for a certificate of need to build a $7.9-million,... Wednesday, November 30, 2011 UTC Match Preview: Cameroon vs Mexico Prior to the knockout stage the junior lions of Cameroon have drawn one match, lost one to Portugal and Picked up a win against Uruguay. While their opponent Mexico were defeated by... Tuesday, August 9, 2011 UTC Springhill Group : Docs eager to get in on Spring Hill ER facility http://recentnews.springhillmedgroup.com/2011/11/springhill-docs-eager-to-get-in-on-spring-hill-er-facility/ Spring Hill Mayor Michael Dinwiddie announces plans at a June, 2010 press..."}
{"_id": "587558", "title": "", "text": "Also a layman, and I didnt read the article because it did the whole 'screw you for blocking my ads' thing. But judging from the title, I'd guess someone bought a massive amount of call options for VIX, the stock that tracks volatility in the market. Whenever the market crashes or goes through difficult times, the VIX fund prospers. The 'by october' part makes me think it was call options that he purchased: basically he paid a premium for each share (a fraction of the shares cost) for the right to buy that share at today's price, from now until october. So if the share increases in value, for each call option he has, he can buy one share at todays price, and sell it at the price it is that day. Options can catapult your profit into the next dimension but if the share decreases in value or even stays the same price, he loses everything. Vicious redditors, please correct the mistakes ive made here with utmost discrimination"}
{"_id": "587580", "title": "", "text": "\"Your credit card limit is nothing more than a simple number.  When you purchase something, the merchant receives a number (i.e. the amount of the transaction) from your card company (e.g. Visa) in their bank account, and that number is subtracted from your limit (added to your balance). The amount is recorded, and isn't changed, so that's how they get the \"\"exact\"\" amount you paid.  Transferring a number is easier than the retailer having to wait for cash to get from you to your card company to them.  Moving numbers around is the basis of the modern financial system. And yes, it is always a risk to let someone else have your credit card number.  An untrustworthy company/person may use it to charge you without your permission, or if they have your full details they could use it as if they were you.  With a reputable retailer like Amazon, the main risk is data theft: If a security hole is found in Amazon's system, someone could steal your credit card info and misuse it.\""}
{"_id": "587587", "title": "", "text": "The dynamics of different contracts and liquidity can be quite different on the last day on the month and for intraday trade make sure you use bid-ask data as opposed to historical trades.  I'm not saying whether it works or not, but im just giving you ideas to improve your testing."}
{"_id": "587611", "title": "", "text": "\"The cost of paying tax should be considered an additional financial expense, and the administrative burden of filing those taxes should be considered an additional labour 'expense'. Simplified, your question is asking how to determine whether these additional expenses are 'worth' it. There are many ways to calculate what your time is 'worth'. Consider two situations where you may consider picking up additional part time work at minimum wage: 1)  If you are working 80 hours a week at a stressful but high-paying job, working another 5 hours a week at minimum wage would likely not be worth your time [both because you already make 'a lot' of money, and also because your time is limited and therefore precious].  2) If you are working 20 hours a week at minimum wage, then another 5 hours a week at the same job would likely be worth your time [both because it would increase your income by 25%, and also because it would not put a heavy strain on your light schedule].  These two extreme examples highlight the inferred principle that I think generally applies to weigh such decisions: Competes with: In your specific example, the actual 'work' component will happen regardless of the money aspect. That is, your wife will be providing these services regardless. So your question is essentially \"\"would it be worth it for my wife to make $5k, given that she would pay tax on that money and would bear the burden of administrating the tax filings etc.?\"\"  We can't answer this directly, because it relates to what your wife values. If doing this would make the activity (which is otherwise just a hobby) an unwanted chore, then it may not be worth the post-tax income. If doing this would not impact her enjoyment of the teaching, but would add on an unwanted ~1 hour / week of paperwork, is it worth spending 50 hours over the course of the year, to earn $5k? I assume the answer then would be \"\"yes\"\".\""}
{"_id": "587619", "title": "", "text": "They price based on their extortion power.  The 17 year calculation may occur in terms of whether they bother to R&amp;D a symptom management procedure for a condition, but if they have the rights to an approved compound, the 17 year window plays no role in their pricing decisions."}
{"_id": "587624", "title": "", "text": "Putting debt out long is getting a longer term while interest rates are low.  For example, taking out a 30 year mortgage instead of a 15 because we are at low rates for mortgages and you are unlikely to get this good of a rate in 10 years."}
{"_id": "587627", "title": "", "text": "&gt; You're a damn idiot. Didn't you just read? The text said EXCEPT for contractors.   There are non-contractor non-exempt IT employees, dumbass.   &gt; And I have a better idea. Since you're no coward. Why don't you guys just meet up and try to rearrange each other's faces, Internet tough guy.  Oh hey, make sure you put words in my mouth so you can pretend to be better than us, dumbass."}
{"_id": "587629", "title": "", "text": "I have heard through the grapevine that in your contract with Costco, the manufacturer has to GUARANTEE that all their products will sell. So everything on the shelves is literally sold already, even if nobody buys it. Allegedly it put many businesses out."}
{"_id": "587632", "title": "", "text": "\"My fiancee is a resident physician. I think the title of \"\"received\"\" is a bit misleading as directly receiving payments is a big no-no these days. The days of doctors being sent on Caribbean vacations and receiving cars, although I'm sure happens behind closed doors on occasion, is regulated and illegal in most cases.   So what happens today more so is a pharma rep comes to the hospital and likes to target the residents (physicians, but still \"\"in training\"\" for a few years under a bit more guidance of the more senior attendings) who are burnt out and sometimes working 80+ hour work weeks. They offer free lunch, coffee, pizza, subs, etc. if you come listen to a presentation for an hour over lunch time. And even this has disclosure requirements. An exhausted overworked resident is the perfect audience though.    Now most residents are there for the free food, intelligent enough to see past a sales rep with a business/sales degree's pitch, or simply sleeping through it. But in a room of lets say 30, all it takes is 1 to internalize their info, start recommending their drug, and the pharma's investment is very quickly worth the cost of some pizza and coffee.   Now is this moral or good? I'd say no. We'd like our doctors to be impartial medical scientists. But drug companies will try any way to influence and increase sales and doctors are still humans susceptible to influences despite how intelligent and educated they legitimately are.   All that to give some perspective to maybe disagree with a bit of a sensationalist headline, while adding perspective to what is actually occurring as far as where I'm sure most of that money is going.\""}
{"_id": "587633", "title": "", "text": "One situation where it would be prudent not to contribute would be if expenses are so tight that you cannot afford to contribute because you need that cashflow for expenses."}
{"_id": "587636", "title": "", "text": "\"My guess is that the point is that yields on bonds and cash equivalents is so low that inflation will cause the inflation-adjusted returns to be negative. There is something to be said for how much inflation can eat out of investment returns. At the same time, I would note the occupation of the person making that post along with what biases this person likely has. \"\"Entrepreneur, Started & sold several cos, Author 11 books (latest \"\"Choose Yourself!\"\") , Angel Inv., JamesAltucher.com\"\" would to me read as someone that isn't who I'd turn for investment advice when it comes to employer-sponsored plans. Be careful of what you blindly follow as sometimes that is how wolves lead the sheep to slaughter.\""}
{"_id": "587639", "title": "", "text": "Publication 15 is the IRS guide for business.    https://www.irs.gov/uac/about-publication-15   They will be deposited electronically at  https://www.eftps.com/eftps/    Form 941 is the one you will be using:     https://www.irs.gov/businesses/small-businesses-self-employed/depositing-and-reporting-employment-taxes  The other ones are for special circumstances.    I would recommend that you have a chat with an accountant."}
{"_id": "587652", "title": "", "text": "\"I am guessing your comprehensive deductible is around $500, and a totaling of your car would net only a $5000 payout. The expected value of the insurance is payout * chance of occurrence. To keep things simple lets only analyze the chance of \"\"total\"\" event what percentage of occurrence would give you an expected value of the insurance of $300? $5000*P=300 = 6% This is simplified because it ignores smaller payouts, but I think it's probably not a good value for you as a totaling event would not be a desperate situation for you. You can take it on faith that the expected value of ANY insurance product is less than the cost, otherwise the company wouldn't sell it.  You need to decide if the insurance product is something needed by you.\""}
{"_id": "587662", "title": "", "text": "Cool story bro.  That's 100% irrelevant to the discussion at hand. He could have spent it all on spray tans. He was constitutionally required to accept the money, and constitutionally required to accept no other payments from the US Federal Government, or from States."}
{"_id": "587663", "title": "", "text": "No, there is nothing on the sidelines.       Currency is an investment. There is no such thing as uninvested wealth.       If you had a million in USD at the beginning of 2017, you would currently be out about sixty grand.        There is no neutral way to store wealth."}
{"_id": "587667", "title": "", "text": ""}
{"_id": "587670", "title": "", "text": "Upvoted. Only because I'm choosing to believe your statement was not a chauvinist dig- but rather an accurate commentary on the strides that still need to be made with women in STEM programs/fields.   Relevant (somewhat old) article: https://mobile.nytimes.com/2013/10/06/magazine/why-are-there-still-so-few-women-in-science.html"}
{"_id": "587672", "title": "", "text": "\"That's how it works in Sweden too. Women still take up the lions share of the parental leave but every year men take more. I have had several coleagues that have been gone for 4-6 months to take care of the kid so their wives could go back to work. No one finds this strange or tries to guilt people into staying on. Rather it's the other way around.   A guy who takes no paternity leave makes people go: \"\"What are you doing here? You just got a kid! The government is willing to give you free money so you can spend time with said kid. Whats wrong with you? Go be with your family!\"\"\""}
{"_id": "587682", "title": "", "text": "You have the 2 properties, and even though the value of property B is less than the amount you owe on it hopefully you have some equity in propery A. So if you do have enough equity in property A, why don't you just go to the one lender and get both property A and B refinanced under the same mortgage. This way hopefully the combined equity in both properties would be enough to cover the full amount of the loan, and you have the opportunity to refinance at favourable rate and terms. Sounds like you are in the USA with an interest rate of 3.25%, I am in Australia and my mortgage rates are currently between 6.3% to 6.6%."}
{"_id": "587684", "title": "", "text": "It may just be that their website isn't set up to track inventory.  However, if it happening frequently, I would suggest shopping elsewhere.  That practice suggests a business that is horribly disorganized, dishonest or, most likely, on the edge of insolvency."}
{"_id": "587689", "title": "", "text": "Yes, somebody could buy the shares, receive the dividend, and then sell the shares back. However, the price he would get when he sells the shares back is, ignoring other reasons for the price to change, exactly the amount he paid minus the dividend."}
{"_id": "587710", "title": "", "text": "\"There are exactly zero experts in the field of Personal Finance that would advise having an \"\"emergency fund\"\" (liquid assets available to meet sudden obligations like illness, car accident, AC breaks, etc.) that is sub $1,000.   If you have less than $1k in liquid assets you either A. must live at home with your parents, B. very broke or C. being very irresponsible. I think an emergency fund of $10k is really the sweet spot. I can't imagine anyone reasonable funding the shit out of their 401k, IRA, etc. and having less than $1k cash.\""}
{"_id": "587711", "title": "", "text": "I've been using xetrade for quite awhile, also used nzforex (associated with ozforex / canadian forex, probably ukforex as well) -- xetrade has slightly better rates than I've gotten at nzforex, so I've been using them primarily.  That said, I am in the process of opening an account at CurrencyFair, because it appears that I'll be able to exchange money at better rates there.  (XETrade charges me 1.5% off the rate you see at xe.com -- which is the FX conversion fee I believe -- there are no fees other than the spread charged).  I think the reason CurrencyFair may be able to do better is because the exchange is based on the peer-to-peer trade, so you could theoretically get a deal better than xe.com.  I'll update my answer here after I've been using CurrencyFair for awhile, and let you know.  They theoretically guarantee no worse than 0.5% though (+ $4.00 / withdrawal) -- so I think it'll save me quite a bit of money."}
{"_id": "587727", "title": "", "text": "\"IRAs have huge tax-advantages. You'll pay taxes when you liquidate gold and silver. While volatile, \"\"the stock market has never produced a loss during any rolling 15-year period (1926-2009)\"\" [PDF]. This is perhaps the most convincing article for retirement accounts over at I Will Teach You To Be Rich. An IRA is just a container for your money and you may invest the money however you like (cash, stocks, funds, etc). A typical investment is the purchase of stocks, bonds, and/or funds containing either or both. Stocks may pay dividends and bonds pay yields. Transactions of these things trigger capital gains (or losses). This happens if you sell or if the fund manager sells pieces of the fund to buy something in its place (i.e. transactions happen without your decision and high turnover can result in huge capital gains). In a taxable account you will pay taxes on dividends and capital gains. In an IRA you don't ever pay taxes on dividends and capital gains. Over the life of the IRA (30+ years) this can be a huge ton of savings. A traditional IRA is funded with pre-tax money and you only pay tax on the withdrawal. Therefore you get more money upfront to invest and more money compounds into greater amounts faster. A Roth IRA you fund with after-tax dollars, but your withdrawals are tax free. Traditional versus Roth comparison calculator. Here are a bunch more IRA and 401k calculators. Take a look at the IRA tax savings for various amounts compared to the same money in a taxable account. Compounding over time will make you rich and there's your reason for starting young. Increases in the value of gold and silver will never touch compounded gains. So tax savings are a huge reason to stash your money in an IRA. You trade liquidity (having to wait until age 59.5) for a heck of a lot more money. Though isn't it nice to be assured that you will have money when you retire? If you aren't going to earn it then, you'll have to earn it now. If you are going to earn it now, you may as well put it in a place that earns you even more. A traditional IRA has penalties for withdrawing before retirement age. With a Roth you can withdraw the principal at anytime without penalty as long as the account has been open 5 years. A traditional IRA requires you take out a certain amount once you reach retirement. A Roth doesn't, which means you can leave money in the account to grow even more. A Roth can be passed on to a spouse after death, and after the spouse's death onto another beneficiary. more on IRA Required Minimum Distributions.\""}
{"_id": "587729", "title": "", "text": "\"I'm going to guess most folks who bought into this stock have never tried, used, or read up on what Roku is but got bought into \"\"IPO + tech + TV\"\" hype.   There are so many ways to do the same thing through apps and several other hardwares. Roku itself is just a small computer and seems more like a middleman that can easily be ignored or bypassed.\""}
{"_id": "587737", "title": "", "text": "I'm always hesitant to use local credit unions because I love accessing all atms fee free, having services available 24/7, having robust, safe and audited online services, and having a big enough bank that all major third party tools interface with it.   Joe Schmo Local Credit Union has a lot of good services, but audited and secure online banking? No fee nationwide ATMs? Native interfacing to major tools? I just don't see it often.   I shudder to think of the security at small bank websites, frankly."}
{"_id": "587752", "title": "", "text": "Put your budget down on paper/spreadsheet/tool of choice (e.g Mint, YNAB, Excel).  Track every cent for a few months.  Seeing it written down makes The Financial Conversation easier.  One simple trick is to pay yourself first.  Take $100 and sock it away each month, or $25 per paycheck - send it to another account where you won't see it.  Then live off the rest. For food - make a meal plan.  Eggs are healthy and relatively cheap so you have breakfast covered.  Oatmeal is about $2 for a silos' worth.  Worst case you can live off of ramen noodles, peanut butter and tuna for a month while you catch up.  Cut everything as some of the others have answered - you will be amazed how much you will not miss. Dave Ramsey's baby steps are great for getting started (I disagree with DR on a great many things so that's not advocating you sign up for anything). Ynab's methodology is actually what got me out of my mess - they have free classes in their website - where budgeting is about planning and not simply tracking. Good luck."}
{"_id": "587755", "title": "", "text": "\"I really detest this \"\"sharing\"\" economy name. Its not. Its renting your meager possessions because you need the money.  In the case of uber, for example, its get a loan on your car by wasting it with extra mileage that you'll have to pay for in the future (maintenance - new car)\""}
{"_id": "587767", "title": "", "text": "They gave advanced notice, so when the date is solidified, no one can say they didn't know anything.  It's not as if the money is in limbo until then, it's still at fidelity. I am certain there will come time in '17 when you get a 30-60 day notice that the move will happen.  There are rules that employers must deposit the money within X days of withholding from your check. But I don't believe there's anything against warning you too far in advance that a change in provider is planned."}
{"_id": "587768", "title": "", "text": "4.7 is a pretty low rate, especially if you are deducting that from your taxes.  If you reduce the number by your marginal tax rate to get the real cost of the money you end up with a number that isn't far off from inflation, and also represents a pretty low 'yield' in terms of paying off the loan early.  (e.g.  if your marginal tax rate is 28%, then the net you are paying in interest after the tax deduction is 4.7 * .72 = 3.384) While I'm all for paying off loans with higher rates (since it's in effect the same as making that much risk free on the money) it doesn't make a lot of sense when you are down at 3.4 unless there is a strong 'security factor' (which really makes a difference to some folks) to be had that really helps you sleep at night.  (to be realistic, for some folks close to retirement, there can be a lot to be said for the security of not having to worry about house payments, although you don't seem to be in that situation yet)  As others have said, first make sure you have enough liquid 'emergency money' in something like a money market account, or a ladder of short term CD's  If you are sure that the sprouts will be going to college, then there's a lot to be said for kicking a decent amount into a 529, Coverdell ESA (Educational Savings Account), uniform gift to minors account, or some combination of those.  I'm not sure if any of those plans can be used for a kid that has not been born yet however.  I'd recommend http://www.savingforcollege.com as a good starting point to get more information on your various options.   As with retirement savings, money put in earlier has a lot more 'power' over the final balance due to compounding interest, so there's a lot to be said for starting early, although depending on what it takes to qualify for the plans there could be such a thing as too early ;-) ). There's nothing wrong with Managed mutual funds as long as the fund objective and investing style is in alignment with your objectives and risk tolerance; The fund is giving you a good return relative to the market as a whole; You are not paying high fees or load charges; You are not losing a lot to taxes.  I would always look at the return after expenses when comparing to other options, and if the money is not in a tax deferred account, also look at what sort of tax burden you will be faced with.  A fund that trades a lot will generate more short term gains which means more taxes than compared to a more passive fund.  Anything lost to taxes is money lost to you so needs to come out of the total return when you calculate that.  Sometimes such funds are better off as a choice inside an IRA or 401K, and you can instead use more tax efficient vehicles for money where you have to pay the taxes every year on the gains. The reason a lot of folks like index funds better is that: Given your described age, it's not appropriate now, but in the long run as you get closer to retirement, you may want to start looking at building up some investments that are geared more towards generating income, such as bonds, or depending on taxes where you live, Municipal bonds.  In any case, the more money you can set aside for retirement now, both inside and outside of tax deferred accounts, the sooner you will get to the point of the 'critical mass' you need to retire, at that point you can work because you want to, not because you have to."}
{"_id": "587774", "title": "", "text": "\"Right, I was just pointing out that \"\"better\"\" doesn't automatically mean \"\"more reliable.\"\" There are other things to consider when choosing a car, that's all. But if I wasn't into cars you can bet your ass I'd be in a Camry! It's a no-brainer.\""}
{"_id": "587778", "title": "", "text": "Freezing your credit should be the default configuration.    EDIT:  More info on Why.  Basically you're adding a password to your credit report access.  https://www.privacyrights.org/consumer-guides/identity-theft-monitoring-services  4. Is there a low-cost alternative to monitoring services?  The best low-cost alternative to credit monitoring services is a security freeze. A security freeze locks your credit files at the three credit reporting agencies (Equifax, Experian, and TransUnion) until you unlock your file with a password or PIN. The freeze stops new accounts from being established by imposters because potential creditors are not able to check your credit report or credit score, the standard procedure when financial accounts are opened. Any potential creditors\u2019 requests for access to your credit files will be denied.  However, a security freeze cannot stop misuse of your existing bank or credit accounts. You still must check the monthly statements on your current accounts for any erroneous charges or debits.  Generally, you will pay no more than $30 for a lifetime of security freeze protection. In some circumstances (identity theft victims and senior citizens in some states), this protection may be free.  With a security freeze, your credit reports cannot be seen by prospective creditors, insurance companies, landlords, utilities, or for employment screening. However, you may lift the freeze when necessary to allow a company to check your credit report. This is easily done by means of a password. It is important to realize that a security freeze does not prevent existing creditors from seeing your credit report.   While a security freeze may be the best available deterrent to new account fraud, it may not be the best solution for everyone. It can be cumbersome for individuals who frequently apply for credit, are contemplating a new mortgage, or who plan to change jobs. On the other hand, a security freeze is particularly well-suited for seniors who are no longer in the market for new credit. And a freeze provides protection for individuals affected by data breaches involving Social Security numbers, as well as victims of identity theft or mail theft. For a more complete discussion of the pros and cons of security freezes, read this report in Consumer Reports.  Brian Krebs' post How I Learned to Stop Worrying and Embrace the Security Freeze is a primer on what you can do to avoid becoming a victim of identity theft.  Fees, supporting documentation, and procedures for placing a security freeze vary from state to state and among the three credit reporting agencies. The web sites of each of the credit reporting agencies provide state-specific instructions for placing a security freeze. The websites of each of the credit reporting agencies provide state-specific instructions for placing a security freeze.  Equifax Experian TransUnion"}
{"_id": "587785", "title": "", "text": "\"There seems to be a gap in the internal logic of this story.  &gt; - Some enterprising person, maybe the merchant who runs the trading-post, comes up with the idea to just issue one note for all the farms in town. He calls a meeting with all the farmers, and proposes to have the town priest keep a book of certificates and so on, and the farmers will get notes just like everyone else in exchange for the crops they contribute to the pool, and the merchant will keep a cut of the crops with which to hire some accountants and farm-surveyors to estimate the total crop yields across town and so on.  **[GAP]**  &gt; - Everyone agrees (or at least, enough farmers agree to kind of force the other ones to get on-board if they want to participate meaningfully in the town economy), and we now have something like a central bank issuing something like fiat currency: that is, currency whose value is \"\"decided\"\" by some central authority, as opposed to the kind of straight-up exchange certificates that can be traded for an actual apple from the issuer, for example.  We went from a system where the underlying product (apples) could actually be obtained to a system in which the underlying product apparently cannot be obtained, leaving only derivative (if that) markets of people swapping notes for other products and services.  Do you mean to say the \"\"enterprising person\"\" simply ended the ability to get apples and switched, cold turkey, to a new system in which the underlying product either does not exist or is not redeemable?\""}
{"_id": "587787", "title": "", "text": "\"Your kind of missing the point of an e-ink ereader.  The prices for them are getting under $100.  They're cheap, specialized, portable, lightweight devices mostly made for reading reams of text without any eye strain.  The pictures are going to be simple diagrams at best. Because most of the devices are those, the ebooks are going to be designed for those interfaces.  E-ink readers are too low resolution and slow for anything else.  I bought a nook simple touch, much better than my kindle keyboard for $80 recently for example, and they're just going to get cheaper.  In a few years, I wouldn't be surprised if they were $50-$30, the e-reading equivalent of a pocket calculator.  What your talking about is what is being done on the iPad. Go fiddle with one, download a few magazine/newsstand apps and see the future of books and magazines there.  People are not going to want to be chained to a desk using an non-consumer priced 30\"\" monitor.   The next step is an iPad, Kindle Fire, etc with a retina display.  Publishers, or at least the companies that will replace them, are embracing it, but it takes time to develop.\""}
{"_id": "587792", "title": "", "text": "GnuCash is a free and open-source option."}
{"_id": "587800", "title": "", "text": "TravelGuysOnline provides the best online booking service for an air flight, hotels, car rental and adventure tour, in the United Kingdom and throughout the world. If you want to get abroad with your family and friend, then you can visit our company website and Find Cheap Hotel Deals and flights when you want to with enter the suitable date. We provide the best packages offer with very affordable price and savings on the total price of your flight and hotel deals."}
{"_id": "587801", "title": "", "text": "\"Cash is a pain to deal with.  You have to have change ready for that dick in seat 1A who doesn't have anything smaller than a $20, then by the time you get to seat 39F, you've got hundreds (if not thousands) of dollars.  This means that the flight's turnaround time now includes counting, securing, and transporting money, not to mention dealing [with the inevitable problems that an increase in money will bring](http://graphjam.files.wordpress.com/2008/03/image003.jpg).  The alternative is having a little handheld machine that, for under $1 per transaction, reduces turnaround workload to \"\"push the 'sync' button.\"\"  It makes complete sense in that context, I believe.  (Also, if you're flying, I'd say the odds are very good you have some sort of credit-card-like instrument on your person.  This might just be my own perspective, though.  I've accidentally fucked over taxi drivers by forgetting that mobile credit card terminals are not ubiquitous.)\""}
{"_id": "587804", "title": "", "text": "Yeah, after considering your advice from before, I did a bit of research, and I see that the market average return each year is about 7%, which beats the rate at which my car is financed by 2% and my student loans by 1%, so maybe I should be less concerned about paying those down and more concerned about starting to invest well. Again, your advice is very much appreciated."}
{"_id": "587827", "title": "", "text": "\"I wonder if this \"\"and because I know what I'm getting each time\"\" could be addressed by a nation-wide developer/home construction company partnering with AirBnB.  When having a home built, the home buyer can select a set plan that was certified by AirBnB and is consistent across the brand - assuming AirBnB stays around, this could help with property resale value, or at the very least  perhaps increase the numbers of rentals of that property?\""}
{"_id": "587861", "title": "", "text": "Let's say I agree to your Wikipedia definition - you still can't provide that breakdown, which means you're talking out your ass in your claim that most entrepreneurs don't pay income tax.  Have the last word: I refuse to argue with the willfully ignorant."}
{"_id": "587863", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [I created the worlds smallest 32-bit arduino dev board!](https://np.reddit.com/r/talkbusiness/comments/78b410/i_created_the_worlds_smallest_32bit_arduino_dev/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "587890", "title": "", "text": "duh, coz the first year was full of stimulus and bailouts and QE.  unfortunately, it went to the banks, and not enough to federal works program.   US govt needs to run a larger budget deficit from taxing the working class less and maybe spend more on works programs and helping out ailing states with more social spending."}
{"_id": "587898", "title": "", "text": "If you want enjoy high speed travelling from home to office or you loved on a thrilling long drive every day, then the performance spoiler parts must for you. At Moshammer, you can find durable as well as affordable spoilers and performance parts specially crafted for your car."}
{"_id": "587911", "title": "", "text": "Attacking one another's ideas sounds perfectly normal and in fact I'd prefer to work for a company that encourages me to attack someone's bad ideas rather than sitting in silence as they do something stupid just because they have been there a year longer or have a more senior title. It's a business. Businesses need the right ideas to win. No one wins if everyone just sits quietly while bone-headed ideas get bounced around.  Sending secret notes about colleagues can also be healthy if the employees are doing something bad and you fear retaliation. If your boss is committing fraud you probably want to be able to tell someone without them finding out and ruining you.  Pushing people out because they dont meet high standards is just normal business practice. What do people expect? To just be allowed to work for Amazon indefinitely regardless of how they perform?  The part about penalizing personal issues is, of course, terrifying and that's the one part of that entire paragraph that actually sounds seriously problematic."}
{"_id": "587919", "title": "", "text": "I was a math undergrad and transitioned into a career in finance that isn't quant. I also just sat for CFA Level I and you're right - it's basically what you would learn as a finance/Econ undergrad. I found my math degree to be a really good differentiating factor when applying for jobs amongst a sea of business majors."}
{"_id": "587929", "title": "", "text": "Assisted living Utah can give seniors a new lease of life; it can be the best place for them. There are many benefits offered by these assisted living facilities like, Safety, meals, transportation, socialization etc. These facilities also hire trained professionals who work round the clock to attend to these emergencies.  Visit us online here: http://summerfieldinfo.com/"}
{"_id": "587938", "title": "", "text": "I suspect that the economics of online information supply tend towards natural monopolies, and that it was inevitable from the outset that you would eventually only ever have one Amazon, or Facebook, Google or Twitter in the running.   One of the few things that Steve Bannon says with which I might agree is this idea of regulating Internet platforms as though they were utilities - they just exercise too much sway over popular opinion for control to be vested in private individuals."}
{"_id": "587959", "title": "", "text": "The yahoo finance API is no longer which broke the Finance:Quote perl module.  The Finance:Quote developers have been quick to fix things and have produced several new versions in the last week or two.  The short of it is that you need to update Finance:Quote, then obtain an AlphaVantage free key and tell Gnucash to use AlphaVantage as it's source for online quotes by editing your securities in the Price Editor."}
{"_id": "587966", "title": "", "text": "Here's the original academic backbone that it's based on and expanded upon.  https://en.m.wikipedia.org/wiki/Modigliani%E2%80%93Miller_theorem  I think thats it's overly conservative in this case (I fully accept academic theories only go so far in the real world) as Damodaran (NYU professor) has made a pretty solid case that cash on balance sheet at large cap tech companies is valued by the markets at less than its after tax $ value."}
{"_id": "587983", "title": "", "text": "**Bit nibbler**  A bit nibbler, or nibbler, is a computer software program designed to copy data from a floppy disk one bit at a time. It functions at a very low level directly interacting with the disk drive hardware to override a copy protection scheme that the floppy disk's data may be stored in. In most cases the nibbler software still analyses the data on a byte level, only looking to the bit level when dealing with synchronization marks (syncs), zero-gaps and other sector &amp; track headers. When possible, nibblers will work with the low-level data encoding format used by the disk system, being Group Coded Recording (GCR - Apple, Commodore), Frequency Modulation (FM - Atari), or Modified Frequency Modulation (MFM - Amiga, Atari, IBM PC).  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "587986", "title": "", "text": "When individuals take on a loan, it's often in the form of a mortgage, right? And companies take out business loans all the time, only they might be a regular bank loan and not in the form of buying bonds, more similar to when an individual takes a loan.  I was seeing through what process a firm would have to go through in order to get funding via the bond process."}
{"_id": "587992", "title": "", "text": "\"The article seems to focus more on individual external factors and seems to ignore social and cultural issues. Cultural behaviour at any age is almost all driven by peer groups and the messages and ideologies that peer groups share and believe.  It appears that teens to early 20s these days are far more socially conservative, along the lines of 1950s \"\"Leave it to Beaver\"\", due to a lot of disasters their generations are experiencing. Most campuses and high schools have been putting in place policies that all drunk sex is rape, for example, and a very large number of boys have been kicked out of schools for having drunk sex with drunk girls and the girls complain months to years later based on rejection, regret, or being convinced by new friends to file the complaint. Heck, our university has a new policy stating exactly that. Sex *impaired* by alcohol or drugs is considered sexual violence, and being impaired by alcohol or drugs is no excuse for not being aware of the impairment of your partner. It's literally a race to the admin office; whoever files first is the victim and the other is the rapist, and filing even 5 minutes later is \"\"retaliation\"\" and makes the punishment worse. (For comparison, the legal standard here is \"\"incapacity\"\", meaning unable to actively participate in the sexual activity or understand what you are doing, not \"\"impairment\"\" which is vague and could be everything from a drink to a slight buzz to blackout drunk.)  We're seeing \"\"yes means yes\"\" policies; we're seeing sex contracts pop up in response, which of course takes all of the romance and spontaneity out of it and so many people will not have sex that otherwise would have. It's really forcing sex into committed relationships by making casual sex too risky.  Then there's cameras everywhere. Women getting filmed without knowing, especially by partners they don't know. And getting on porn sites. Again, humiliating and risky.  Similar with sexting. If you are under 18, having a naked picture of yourself on your own phone can be illegal and child pornography, and sending it to somebody else can be very serious.  Then there's drunk social media. How much trouble have people gotten into from posting their drunken activities on Facebook, Twitter, Instagram? How many jobs lost? With that phone in your pocket, and getting drunk, what sorts of stupid things have people done that previous generations would have experienced and moved on, but now kids can never live it down or forget?  Then there are ideology battles of the young like hasn't been seen in a long time: 3rd wave radical feminism (formerly known as \"\"man-hating feminazis\"\") vs MGTOW and MRM, and very public battles in this space all over social media.  I think sex, dating, and drinking all fall into those social phenomena that the current young generation experience. The driving part seems a little different. Perhaps costs. Perhaps urbanization has reduced the need for driving. Perhaps the convenience of Uber and Lyft. Perhaps better mass transportation infrastructure. Perhaps the movement to working from home. Perhaps even climate change environmentalism. Or combinations thereof.\""}
{"_id": "588013", "title": "", "text": "\"It is.  If the salaries were higher more bright college students would consider it a no-brainer to pursue computer programming degrees, in the same way that they do finance degrees.  Top talent should start in the mid sixes and high end talent should be making tens of millions a year.  Their businesses share more in common with financial firms than manufacturing.  But the pay hasn't caught up because salaries are artificially deflated by selective immigration.  I'm all in favor of loosening immigration restrictions, but not when it's targeted to prop up the bottom line of one, already very profitable, economic sector.  It's considered a win-win for politicians because it \"\"creates\"\" jobs, but all it really does is distort markets and make things our economy less efficient.\""}
{"_id": "588025", "title": "", "text": "Child care concerns to the distinct types of education and care that are given to young children by persons who are not their parents. More and more families are using the assistance of a child care center since the parents are working or have other related activities that require their attention."}
{"_id": "588026", "title": "", "text": "It's marketing or SCAM tentative. Please check with extreme attention before clicking any link present in the communication."}
{"_id": "588029", "title": "", "text": "\"Let's pretend that the author of that article is not selling anything and is trying to help you succeed in life.  I have nothing against sales, but that author is throwing out a lot of nonsense to sell his stuff and is creating a state of urgency so that people adopt this mindset.  It's clever and it obviously works. From a pure time perspective, most people won't make enough money to run their own business and be as profitable as if they worked for a company.  This is a reality that few want to acknowledge.  If you invested in yourself and your career with the same discipline and urgency as an entrepreneur, most people would be better off at a company when you consider the benefits and the fact that employees have a full 7.5% of social security paid by their employer (entrepreneurs see the full 15% while employees don't).  Why do I start here, because this author isn't telling you that the more people take his advice, the more their earnings will regress to the mean or below.  In fact, most of my entrepreneur friends have to go back to work when their reality fails after they burn through their savings. 401ks are not a perfect system, but there are more 401k millionaires now than ever before this, and people who give the author's advice are always looking to avoid doing what they need to do - save for retirement.  Most people I know sadly realize this in their 50s, when it's too late, and start trying to \"\"catch up.\"\"  I don't blame the author for this, as he knows his article will appeal to younger people who don't have the wisdom to see that his advice hasn't been great for most.  The reality is that for most people 401ks will provide tax advantaged savings that you can use when you're older; taxes will eat at your earnings, so these accounts really help. Finally, look at the article again especially the part you quote.  He says inflation will carve out what you save, yet inflation is less than 2%.  Where is he getting this from?  In the past decade, we've seen numerous deflationary spirals and the market overall has come back from the fall in 2009.  Again, this isn't \"\"good enough\"\" for this author, so buy his stuff to learn how to succeed!  There have been numerous decades (50s,70s) that were much worse for investors than this past one.\""}
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{"_id": "588065", "title": "", "text": "It's not Bitcoin itself, which is theoretically and practically very interesting, so much as the low quality and number of articles submitted.  Edit: And people, like OP, who just spam links to every sub and aren't looking for any discussion whatsoever."}
{"_id": "588080", "title": "", "text": "Yes, many people want to be solo operators.  Being an employee sucks, but having employees of your own also takes away a lot of your freedom.    Thing is, I know a lot of freelancers who make great money.  His math isn't totally wrong, but you can reduce a lot of those expenses depending on what you do- working remotely and cutting out the time and money of a commute helps a lot.  Also, you can charge more than $100 an hour if you're providing a really valuable service- a lot more."}
{"_id": "588086", "title": "", "text": "A UK based organization had an end buyer who urgently required Steam Coal. The UK Company found a good supplier in Indonesia with competitive prices and struck a lucrative deal with them on payments terms by Standby Letter of Credit aka SBLC (MT760) with support of Bronze Wing Trading LLC."}
{"_id": "588088", "title": "", "text": "With the Kohls job I could fuck around alot more. The first one was in a warehouse where we would constantly unload trucks. With Kohls we only unloaded like a truck a night then we would actually put the product on the sales floor, so after unloading the truck which never took more than 2 hours Id like work for a bit then basically go hide for a while, know that makes me sound like a shitty worker but you get what you pay for."}
{"_id": "588101", "title": "", "text": "\"Great, so we agree it's not a fraud and the title of the bloomberg article is grossly misleading.  Even still, to call it a bubble, you'd need to first agree to what the non-bubble valuation of Bitcoin would be. The consensus among those who use the word \"\"tulip\"\" frequently when talking about bitcoin is that the non-bubble valuation of bitcoin is zero (0).  This, of course, means that Bitcoin has been in a bubble ever since the first exchange of good was made with it (which folklore tells us was a purchase of 2 pizzas for 10,000 bitcoins, establishing a price of under $0.01 per bitcoin. Ever since, for the past 7 years, Bitcoin has been in a bubble.   Furthermore, for as long as Bitcoin's market value remains at or above $0.01 per bitcoin, it will still be in a bubble. If me and a few hundred thousand of my closest friends have anything to say about it, that will never happen. And therefore Bitcoin will remain in a bubble indefinitely.  Now that, to me, seems like a very unusual bubble. If that strikes you as a stretch of the concept too, then maybe we need to revisit an assumption or two here.  For one, is the non-bubble valuation of bitcoin really zero? Is there perhaps something about bitcoin that might give it some intrinsic value that, say, tulips or beanie babies may not have? And if there is, is there a way to estimate what that value may be? Does that value change over time? Is it perhaps possible that the value of bitcoin correlates in some fashion with its reach and its network effect?   Those are harder questions to answer, and their answers is certainly not as neat and precise as \"\"zero\"\" or \"\"bubble\"\", but maybe it's useful to think about them when trying to reason about what bitcoin is and isn't.\""}
{"_id": "588116", "title": "", "text": "Unless I am missing something subtle, nothing happens to the buyer. Suppose Alice wants to sell short 1000 shares of XYZ at $5.  She borrows the shares from Bob and sells them to Charlie.  Now Charlie actually owns the shares; they are in his account. If the stock later goes up to $10, Charlie is happy; he could sell the shares he now owns, and make a $5000 profit. Alice still has the $5000 she received from her short sale, and she owes 1000 shares to Bob.  So she's effectively $5000 in debt.  If Bob calls in the loan, she'll have to try to come up with another $5000 to buy 1000 shares at $10 on the open market.   If she can't, well, that's between her and Bob.  Maybe she goes bankrupt and Bob has to write off a loss.   But none of this has any effect on Charlie!  He got the shares he paid for, and nobody's going to take them away from him.  He has no reason to care where they came from, or what sort of complicated transactions brought them into Alice's possession.  She had them, and she sold them to him, and that's the end of the story as far as he's concerned."}
{"_id": "588134", "title": "", "text": "Anybody can contribute to a traditional ira up to the maximum limit.  Does it make sense to contribute to a non-deductible IRA?  There are a couple of cases where it does:  If you're 59 1/2 or older, you're old enough to make IRA withdrawals without penalty. If you choose investments that maximize the value of tax deferral, you can use the nondeductible IRA to manage your tax burden. If you're aware of an upcoming change in tax law that will benefit high earning individuals, it might be beneficial to use a nondeductible IRA. For example - you know that income limits for converting a traditional to a Roth are going to change in the coming year. You set up a nondeductible IRA with the intention of converting it the next year, so you can get around Roth contribution rules.  Beyond these cases, the main argument for contributing to a non-deductible IRA is -- compounded returns. If your IRA has a strong, steady growth rate, compounded returns can work wonders for your contributions. Let's take a hypothetical... You are 35. You contribute the max amount of $5,500 every year until you retire at 70. With a modest growth rate of 9.5%, your total contribution of 193K would become 1.46M. The compounded returns are 7.6 times your contributions."}
{"_id": "588153", "title": "", "text": "A derivative is a financial instrument of a special kind, the kind \u201cwhose price depends on, or is derived from, another asset\u201d.  This definition is from John Hull, Options, Futures and Other Derivatives \u2013 a book definitely worth to own if you are curious about this, you can easily find old copies for a few dollars. The first point is that a derivative is a financial instrument, like credits, or insurances, the second point is that its price depends closely from the price of something else, the mentioned asset. In most cases derivatives can be understood as financial insurances against some risk bound to the asset. In the sequel I give a small list of derivatives and highlight the assets and the risk they can be bound to.  And first, let me point out that the definition is (marginally) wrong because some derivatives depend on things which are not assets, nor do they have a price, like temperature, sunlight, or even your own life in the case of mortgages.  But before going in this list, let me go through the remaining points of your question. What is the basic idea and concept behind a derivative? As already noted, in most cases, a derivative can be understood as a financial insurance compensating from a risk of some sort.  In a classical insurance contract, one party of the contract is an insurance company, but in the broader case of a derivative, that counterparty can be pretty anything: an insurance, a bank, a government, a large company, and most probably market makers. How is it really used, and how does this deviate from the first point? Briefly, how does is it affecting people, and how is it causing problems? An important point with derivatives is that it can be arbitrarily complicated to compute their prices.  Actually what is hidden in the attempt of giving a definition for derivatives, is that they are products whose price Y is a measurable function of one or several random variables X_1, X_2, \u2026 X_n on which we can use the theory of arbitrage pricing to get hints on the actual price Y of the asset \u2013 this is what the depends on means in technical terms.  In the most favorable case, we obtain an easy formula linking Y to the X_is which tells us what is the price of our financial instrument. But in practice, it can be very difficult, if at all possible, to determine a price for derivatives. This has two implications: Persons possessing sophisticated techniques to compute the price of derivatives have a strategic advantage on derivatives market, in comparison to less advanced actors on the market. Organisation owning assets they cannot price cannot compute their bilan anymore, so that they cannot know for sure their financial situation. They are somehow playing roulette. But wait, if derivatives are insurances they should help to mitigate some financial risk, which precisely means that they should help their owners to more accurately see their financial situation! How is this not a contradiction? Some persons with sophisticated techniques to compute the price of derivatives are actually selling complicated derivatives to less knowledgeable persons.  For instance, many communes in France and Germany have contracted credits whose reimbursements have a fixed interest part, like in a classical credit, and a variable interest part whose rate is computed against a complicated formula involving the value of the Swiss frank at each quarter starting from the inception of the credit.  (So, for a 25 years running credit of theis type, the price Y of the credit at its inception depends on 100 Xs, which are the uncertain prices for the Swiss frank each quarter of the 25 next years.)  Some of these communes can be quite small, with 5.000 inhabitants, and needless to say, do not have the required expertise to analyse the risks bound to such instruments, which in that special case led the court call the credit a swindling and to cancel the credit.  But what chain of events leads a 5.000 inhabitants city in France to own a credit whose reimbursements depends on the Swiss frank?  After the credit crunch in 2007 and the fall of Lehman Brothers in 2008, it has begun to be very hard to organise funding, which basically means to conclude credits running long in time on large amounts of money.  So, the municipality needs a 25 years credit of 10.000.000 EUROS and goes to its communal bank.  The communal bank has hundreds or thousands of municipalities looking for credits and needs itself a financing.  So the communal bank goes to one of the five largest financial institutions in the world, which insists on selling a huge credit whose reimbursements have a variable part depending on hundred of values the Swiss frank will have in the 25 next years. Since the the big bank has better computation techniques than the small bank it makes a big profit.  Since the small bank has no idea, how to compute the correct price of the credit it bought, it cuts this in pieces and sell it in the same form to the various communes it works with.  If we were to attribute this kind of intentions to the largest five banks, we could ask about the possibility that they designed the credit to take advantage of the primitive evaluation methods of the small bank. We could also ask if they organised a cartel to force communal banks to buy their bermudean snowballs. And we could also ask, if they are so influent that they eventually can manipulate the Swiss frank to secure an even higher profit.  But I will not go into this.  To the best of my understanding, the subprime crisis is a play along the same plot, with different actors, but I know this latter subject only by what I could read in French newspapers. So much for the \u201cHow is it causing problems?\u201d part. What is some of the terminology in relation to derivatives (and   there meanings of course)? Answering this question is basically the purpose of the 7 first chapters of the book by Hull, along with deriving some important mathematical principles.  And I will not copy these seven chapters here! How would someone get started dealing in derivatives (I'm playing a     realistic stock market simulation, so it doesn't matter if your     answer to this costs me money)? If you ask the question, I understand that you are not a professional, so that your are actually trying to become the one that has money and zero knowledge in the play I outlined above. I would recommand not doing this.  That said, if you have a good mathematical background and can program well, once you are confindent with the books of Hull and Joshi, you can have fun implementing various market models and implementing trading strategies. Once you are confident with this, you can also read the articles on quantitative finance on arXiv.org. And once you are done with this, you can decide for yourself if you want to play the same market as the guys writing these articles. (And yes, even for the simplest options, they have better models than you have and will systematically outperform you in the long run, even if some random successes will give you the feeling that you do well and could do better.) (indeed, I've made it a personal goal to somehow lose every last cent of my money) You know your weapons! :) Two parties agree today on a price for one to deliver a commodity to the other at some future instant.  This is a classical future contract, it can be modified in every imaginable way, usually by embedding options.  For instance one party could have the option to choose between different delivery points or delivery days. Two parties write today a contract allowing the one party to buy at some future time a commodity to the the second party.  The price is written today, as part of the contract.  (There is the corresponding option entitling the owner to sell something.)  Unlike the future contract, only one party can be obliged to do something, the other jas a right but no obligation. If you buy and option, your are buying some sort of insurance against a change of price on some asset. This is the most familiar to anybody.  Credits can come in many different flavours, especially the formula to compute interests, or also embed options.  Common options are early settlement options or restructuration options. While this is not completely inutitive, the credit works like an insurance.  This is most easily understood from the side of the organisation lending the money, that speculates that the ratio of creanciers going bankrupt will be low enough for her to make profit, just like a fire insurance company speculates that the ratio of fire accidents will be low enough for her to make a profit. This is like a mortgage on a financial institution.  Two parties agree that one will recive an upfront today and give a compensation to the second one if some third party defaults. Here this is an explicit insurance against the unfortuante event, where a creancier goes bankrupt. One finds here more or less standard options on electricity. But electricity have delicious particularities as it can practically not be stored, and fallout is also (usually) avoided. As for classical options, these are insurances against price moves. A swap is like two complementary credits on the same amount of money, so that it ends up in the two parties not actually exchanging the credit nominal and only paying interest one to the other \u2014 which makes only sense if these interests are computed with different formulas. Typical example are fixed rate vs. EURIBOR on some given maturity, which we interpret as an insurance against fluctuations of the EURIBOR, or a fixed rate vs. the exchange ratio between two currencies, which we interpret as an insurance against the two currencies decorrelating. Swaps are the richest and the most generic category of financial derivatives.  The off-the-counter market features very imaginative, very customised insurance products. The most basic form is the insurance against drought, but you can image different dangers, and once you have it you can put it in options, in a swap, etc.  For instance, a restaurant with a terrasse could enter in a weather insurance, paying each year a fixed amount of money and becoming in return an amount of money based on the amount of rainy day in a year. Actually, this list is virtually without limits!"}
{"_id": "588165", "title": "", "text": "The issue I have with your use of Japan is that Japan has very strong exports of superior quality and low cost, we do not.  And what about South and Central American Pesos? What about Keynes, Minsky, and the trilemma? Their central banks were completely overridden by foreign speculators. We can only choose two out of three options, peg our currency, spend to help the economy, and/or maintain free trade, not all three"}
{"_id": "588168", "title": "", "text": "What definition did they use for luxury goods?  &gt;The Deutsche Bank Research report defined luxuries as \u201cgoods or services consumed in greater proportions as a person\u2019s income increases\u201d  That is completely meaningless. So lets look for a similar definition and see what we can find. [Here](https://www.clevelandfed.org/newsroom-and-events/publications/economic-commentary/2014-economic-commentaries/ec-201418-income-inequality-and-income-class-consumption-patterns.aspx) is a study that uses a similar definition. In their breakdown, they have 'luxury' goods as defined as owning a home, owning a car, using public transportation, and household operations. Those things do not seem very 'luxury' to me."}
{"_id": "588172", "title": "", "text": "looking at flights available, a lot had very full seating. I could save some money if i want a long layover, like 20 hours, but i am not doing that on vacation with kids. I probably could have waited another month or 2 but my wife is a teacher and she was getting nervous about flights filling up. but at $650 per round trip ticket for that spring break week......probably not going to find anything much cheaper. I'll keep an eye on kayak.com, and hope i didn't pull the trigger too soon."}
{"_id": "588194", "title": "", "text": "That depends. Are you willing to accept the traditional meaning or are you insisting that we dilute the word to cover every business and corporation?  &gt; An entrepreneur (i/\u02cc\u0252ntr\u0259pr\u0259\u02c8n\u025cr/) is an owner or manager of a business enterprise who makes money through risk and initiative.[1][note 1] The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to help launch a new venture or enterprise and accept full responsibility for the outcome.  http://en.wikipedia.org/wiki/Entrepreneur"}
{"_id": "588197", "title": "", "text": "I think you've made a perfectly valid suggestion, and, if your son is struggling somewhat financially now, one that may be very welcome. If you agree to forgive the debt at this time in lieu of a similar amount forgone in future inheritance, it will eliminate the never ending interest-only payments, free up $200+ a month for you son on a tight budget, and improve your own credit score once you pay off the credit line. It's also, in my opinion, a good idea to be open about this in advance with your other children heirs so that everyone will understand what is expected during the eventual probate. My paternal grandfather was the recipient of a great deal of financial largess from his wealthy mother during her life, and it was fully understood by him, her, and his siblings, that in exchange he would not share in her estate when she passed. He didn't, there were no problems, and he and his siblings stayed close for the rest of their lives."}
{"_id": "588203", "title": "", "text": "Adam Curtis also drew the parallel very articulately last year with his film Hypernormalization. [He captures the sense of sweeping alienation very well in this teaser, I think.](https://www.youtube.com/watch?v=PtjfoEvsR9w)  [He did a interview on a neat podcast](https://soundcloud.com/chapo-trap-house/episode-65-no-future-feat-adam-curtis-121216) too about his film, late capitalism, past art and media that covers systematic failure, and what sociologically might be expected as the system continues to fail. Check it out if you're into that kind of thing."}
{"_id": "588211", "title": "", "text": "\"(Selling apps is AFAIK business, not freelancing - unless the type of app you produce is considered a freelancing subject. The tax office will give you a questionnaire and then decide).  As Einzelunternehmer, you can receive the payments for the apps to the same account where your wages go. However, there are lots of online accounts that do not cost fees, so consider to receive them on a separate account so you have the business and private kind of separate (for small Einzelunternehmer, there is no legal separation between business and private money - you have full liability with your private money for the business).  The local chamber of commerce can tell you everything about setting up such a business, ask them (you'll probably have to become a member there anyways). They have information as well on VAT (Umsatzsteuer, USt) which you need to declare unless you get an exemption (probably possible), and about Gewerbesteuer (the income tax of the business) etc. For the tax, you have \"\"subforms\"\"  for the income tax e.g. for wages and for business income, so you just submit both with the main form. You'll get an appropriate tax number when registering the business.  Social security/insurance: as long as the app selling is only a side business, the social insurance payments for your main job completely cover the side job as well. You need to make sure that your employment contract is compatible with the app business, though.  A quick search indicates that there is a tax treaty between Germany and the Ukraine, Wikipedia says there are no contracts about social insurance in effect (yet).\""}
{"_id": "588219", "title": "", "text": "\"You're absolutely right.  I'm not commenting on the fact that retail stores still do massively more business than Online, nor the that they have a significant advantage when the balance begins to shift.   My only comment is that their data doesn't support their conclusion. They concluded that 90% of business is done in retail stores. No, 90% of business *involves a retail component*, including the somewhat dubious \"\"Returns\"\"- which is not part of the sales process and would understandably want to happen in a retail setting.\""}
{"_id": "588230", "title": "", "text": "Many have a misconception that the website design process ends when the website has been successfully published for public viewing. In reality, web design is a continuous endeavour that involves looking out for new styles, changes in web culture, and constant adaptation to a highly dynamic world."}
{"_id": "588231", "title": "", "text": "\"Whoops, paywall.   Here's a [link around the wall](http://archive.is/6quZg).  &gt;The first offshore wind installation in the U.S., a $300 million, 30-megawatt project off Rhode Island, began turning six months ago.   &gt;But the Block Island wind farm in the U.S. currently generates power for 24.4 cents per kilowatt-hour, while offshore wind projects in Europe can come in well under 10 cents per kilowatt-hour. Developers are optimistic that, as occurred in Europe, prices will go down as more projects begin and a supplier network takes shape in the U.S.  It's interesting the seas are seen as a good place for wind farms, given that land developments are already profitable. Iowa is a [leader](http://www.energyfactcheck.org/fact-checks/wind-power-isn-t-a-significant-part-of-america-s-energy-portfolio).  &gt;The levelized (or \"\"all-in\"\") cost of wind energy ranges from $0.07 per kW/h to $0.10 per kW/h, making wind energy cost-competitive with fossil fuels and even cheaper than coal energy in many areas.   Of course, it's not easy or efficient to move electricity from Iowa to the coasts, hence the offshore developments.\""}
{"_id": "588242", "title": "", "text": "Not so much a stock as it is a commodity. Ether is actually a consumable. That is part of what gives it its value.  And to answer your question, it is still early in the valuation phase of ETH. Large companies just started getting behind it this year with the formation of the EEA which caused some of the price run-up. If they can manage to implement blockchain solutions that are practical and alter the way transactions are traditionally done between mediums then the potential upside is massive."}
{"_id": "588244", "title": "", "text": "\"Austria - I'm 27 years old and live alone in a 753 square feet apartment. I live 100% on my own salary and have 0\u20ac debt.  I pay quite a lot of taxes but I think that it is well worth it, as until now, I received more from the state than I paid back (health care, education, scholarships during education, public transport, low rent,...)  Our tax system is far from perfect, but there would be a lot of people who would have no chance to rent a decent apartment, get health care, get their kids to school, or even college without the \"\"socialist redistribution\"\" how you might call it.  I do not think that I could change your mind for even a little bit - I just hope somebody who isn't as narrow minded as you might read that and think, hmm maybe this \"\"socialism\"\" isn't as bad as it is displayed. You for example have apparently no idea about the different facets of social economic systems but what am I expecting from a Trump voter (initially meant as a joke, but I actually was right wasn't I? :)\""}
{"_id": "588247", "title": "", "text": "You make the investment in Jan 2016. Assuming the SEIS certificate is issued before 5th April 2016, then you will enter the SEIS investment on your 2015-2016 tax return and claim the relief in that year. If the certificate is not issued in time then you will enter it in the 2016-2017 tax return and get the relief then. Note: I am assuming that the startup is already registered with the SEIS scheme by someone else - because if you are asking about how to go about that, I don't think that is an issue of personal finance."}
{"_id": "588249", "title": "", "text": "I definitely see the value from a business standpoint just not as a consumer.  I don't really feel like the prices are better than anywhere else.  They do have really great employees and I'm sure there's a group of people who go there for that, and I'm are that ties in to them paying a reasonable wage.  It will be really interesting to see where they are in 10 years"}
{"_id": "588253", "title": "", "text": "I'm not a tax advisor, but I've done freelance work, so... If any of your side-business revenue is reported on a 1099, you're now a business owner, which is why Schedule C must be filled out. As a business owner, minimum wage doesn't apply to you. All revenue is income to you, and you owe taxes on the profit, after subtracting legitimate (verifiable) business expenses. You'll want to talk to a real tax advisor if you're going to start expensing mileage, part of your house (if you use a home office), etc. Don't forget that you'll owe self-employment tax (the employer's half of your payroll tax).  You can't save money on business taxes by paying yourself a wage and then counting it as an expense to the business. You'll definitely want to talk to a tax expert if you start playing around with finances as an (the) owner of the business. Income that is not reported on a 1099 should be reported as hobby income."}
{"_id": "588274", "title": "", "text": "We offer you the opportunity to master your skills in Hadoop training in bangalore, BTM such as MapReduce, Hive, Pig, HBase, Flume, Apache Spark and many others. After completion of the certification, you will be able to show your skills in some sectors such as IT, data management, finance and many others."}
{"_id": "588311", "title": "", "text": "Spreadsheets need not be static, they can pull data from the web.  This article describes the method you seek."}
{"_id": "588316", "title": "", "text": "\"Does your company offer a 401(k) and are you taking maximum advantage of it? 2015 limit is $18,000, an extra $5,500 if you are 50 or older.  The RMD shouldn't be too large, it depends on your age, of course. You're in no worse shape than anyone hitting age 70-1/2 and having to start taking their RMDs. If you are younger, your RMDs start pretty low. If I look at Pub 590, I find a 50 year old starts with a 34.2 divisor, less than 3% each year. At 60, it's 25.2, just under 4%.  Edit - someone around 30 will have a divisor around 53.3 the first year. Just under 2%. I don't know what you consider \"\"sizable,\"\" but much above $300K in that IRA and you'll have more come out than you can fund into a Roth. Regardless of the amount, the RMD is taxable. You just need to pay the tax from other funds if you wish to keep the money invested as it was.  You will pay the tax at your marginal rate, and that's it. This is the one downside of the inherited IRA, unlike regular money, it doesn't escape taxes. But, your dad put it in pre-tax (right?) so the amount you got is larger for that fact.  I'm sorry for your loss.\""}
{"_id": "588321", "title": "", "text": "&gt;I said all that to say that you are correct in assuming I blame the socialist disproportionately, but I think this blame is justified. If they didn't have such an irrational/ignorate fear of the free market we wouldn't have such complex, unfair set of rules that tend to hurt the most disadvantaged in our society most.  There wasn't a regulation that was causing insurance companies to not cover people with pre-existing conditions. That was a decision the market made based on a strict economic basis. I think liberals are right to want to protect people that aren't profitable customers... the market isn't interested in them. That is why many liberals do not see the market as a viable solution, especially when you are talking about healthcare."}
{"_id": "588323", "title": "", "text": "Insurance companies don't do natural disasters. If a significant number of people had flood insurance in Houston, the insurance companies would go bankrupt handling the claims. They just aren't structured to cover a situation where a large number of policies are likely to have claims at the same time.  That's why when insurance coverage for a large scale disaster is available at all, it usually comes from a government agency."}
{"_id": "588327", "title": "", "text": "The United States taxes nonresident aliens on two types of income: First, a nonresident alien who is engaged in a trade or business in the United States is taxed on income that is effectively connected with that trade or business. Second, certain types of U.S.-source payments are subject to income tax withholding. The determination of when a nonresident alien is engaged in a U.S. trade or business is highly fact-specific and complex. However, keeping assets in a U.S. bank account should not be treated as a U.S. trade or business. A nonresident alien's interest income is generally subject to U.S. federal income tax withholding at a rate of 30 percent under Section 1441 of the tax code. Interest on bank deposits, however, benefit from an exception under Section 1441(c)(10), so long as that interest is not effectively connected with a U.S. trade or business. Even though no tax needs to be withheld on interest on a bank deposit, the bank should still report that interest each year to the IRS on Form 1042-S. The IRS can then send that information to the tax authority in Brazil. Please keep in mind that state and local tax rules are all different, and whether interest on the bank deposits is subject to state or local tax will depend on which state the bank is in. Also, the United States does tax nonresident aliens on wages paid from a U.S. company, if those wages are treated as U.S.-source income. Generally, wages are U.S.-source income if the employee provides services while physically present in the United States. There are a few exceptions to this rule, but they depend on the amount of wages and other factors that are specific to the employee's situation.  This is an area where you should really consult with a U.S. tax advisor before the employment starts. Maybe your company will pay for it?"}
{"_id": "588332", "title": "", "text": "They want them to cover some of the debt (as well as the bonuses according to some former Tropicana workers that saw the same thing until Carl Ichan agreed to pay them)   We're talking about Hard Rock and Ceasers most notably being rejected for their offers.   So basically the casino will close on the 10th, or sooner if the bank can swing it as they're trying to, then selling, rebranding, and reopening most likely before the end of the year. Or at worst by next summer."}
{"_id": "588345", "title": "", "text": "\"This sounds like a FATCA issue.  I will attempt to explain, but please confirm with your own research, as I am not a FATCA expert. If a foreign institution has made a policy decision not to accept US customers because of the Foreign Financial Institution (FFI) obligations under FATCA, then that will of course exclude you even if you are resident outside the US.  The US government asserts the principle of universal tax jurisdiction over its citizens.  The institution may have a publicly available FATCA policy statement or otherwise be covered in a new story, so you can confirm this is what has happened.  Failing that, I would follow up and ask for clarification. You may be able to find an institution that accepts US citizens as investors.  This requires some research, maybe some legwork. Renunciation of your citizenship is the most certain way to circumvent this issue, if you are prepared to take such a drastic step.  Such a step would require thought and planning.  Note that there would be an expatriation tax (\"\"exit tax\"\") that deems a disposition of all your assets (mark to market for all your assets) under IRC \u00a7 877. A less direct but far less extreme measure would be to use an intermediary, either one that has access or a foreign entity (i.e. non-US entity) that can gain access.  A Non-Financial Foreign Entity (NFFE) is itself subject to withholding rules of FATCA, so it must withhold payments to you and any other US persons.  But the investing institutions will not become FFIs by paying an NFFE; the obligation rests on the FFI. PWC Australia has a nice little writeup that explains some of the key terms and concepts of FATCA. Of course, the simplest solution is probably to use US institutions, where possible.  Non-foreign entities do not have foreign obligations under FATCA.\""}
{"_id": "588362", "title": "", "text": "I can confirm this, as I just had 4 machinists retire in my department within days of turning 65. Predictions are that 3-5 million jobs will open up in my industry (manufacturing)  over the next 5 or so years solely due to retiring baby boomers. Things are not all doom-and-gloom out there.   We actually had to request a few of them to come back in part-time since it is rather difficult to find experienced machinists."}
{"_id": "588371", "title": "", "text": "When you are in Thailand experience the fun, thrill and excitement see here. Nature blessed this country with green hills, rolling and undulating plains, long sandy luxurious beaches, several rivers and many of natural springs which are enjoyed by tourists during their trip."}
{"_id": "588372", "title": "", "text": "Your administrator will pull from last year's funds first, before automatically moving on to the new year.  The procedures are under guidelines from the IRS so it should be pretty standard. You likely only have to submit the claim once, but your administrator may have a special grace period form to fill out."}
{"_id": "588377", "title": "", "text": "Often times the commission fees add up a lot. Many times the mundane fluctuations in the stock market on a day to day basis are just white noise, whereas long term investing generally lets you appreciate value based on the market reactions to actual earnings of the company or basket of companies. Day trading often involves leverage as well."}
{"_id": "588384", "title": "", "text": "These stocks have no value to them, are just waiting for paper work to liquefy and vanish. The other gamblers are bots waiting for some sucker to buy so they can sell right away. So maybe a fresh new penny stock that hasn't been botted yet gives some higher chance of success, but you probably need to be a bot to sell it quickly enough. All in all not that much different from buying regular stocks..."}
{"_id": "588398", "title": "", "text": "You wouldn't want to trade with too small amount of capital - it becomes harder and more expensive to diversify with a small account. Also, the bigger the account the more discounts and special may be offered by your broker (especially if you are a frequent trader).  You are also able to trade more often, and have a buffer against a few losses in a row not wiping out your entire account."}
{"_id": "588399", "title": "", "text": "\"Whether you can establish an HSA has nothing to do with your employment status or your retirement plan. It has to do with the type of medical insurance you have.  The insurance company should be able to tell you if your plan is \"\"HSA compatible\"\". To be HSA compatible, a plan must have a \"\"high deductible\"\" -- in 2014, $1250 for an individual plan or $2500 for a family plan. It must not cover any expenses before the deductible, that is, you cannot have any \"\"first dollar\"\" coverage for doctor's visits, prescription drug coverage, etc. (There are some exceptions for services considered \"\"preventive care\"\".) There are also limits on the out-of-pocket max. I think that's it, but the insurance company should know if their plans qualify or not. If you have a plan that is HSA compatible, but also have another plan that is not HSA compatible, then you don't qualify. And all that said ... If you are covered under your husband's medical insurance, and your husband already has an HSA, why do you want to open a second one? There's no gain. There is a family limit on contributions to an HSA -- $6,550 in 2014. You don't get double the limit by each opening your own HSA. If you have two HSA's, the combined total of your contributions to both accounts must be within the limit. If you have some administrative reason for wanting to keep separate accounts, yes, you can open your own, and in that case, you and your husband are each allowed to contribute half the limit, or you can agree to some other division.  I suppose you might want to have an account in your own name so that you control it, especially if you and your husband have different ideas about managing finances. (Though how to resolve such problems would be an entirely different question. Personally, I don't think the solution is to get into power struggles over who controls what, but whatever.) Maybe there's some advantage to having assets in your own name if you and your husband were to divorce. (Probably not, though. I think a divorce court pretty much ignores whose name assets are in when dividing up property.)  See IRS publication 969, http://www.irs.gov/publications/p969/index.html for lots and lots of details.\""}
{"_id": "588416", "title": "", "text": "Canada here. Want to know how we spend about $4600 (USD)/per per person to cover every single person while you guys spend $9700 USD per person for spotty coverage? We nationalized most of the system. Hospitals? Bought out by the government in the 1970's. Insurance? 100% public. No profit margins on anything. We bill out an aspirin at $0.65 instead of $65.00.   Most of the costs are built into our tax base. At the highest income level, I pay $70 a month for medical. Below $35k it drops steeply and under $25k or so it's free.  You will never ever have affordable health care if the hospitals can keep generating the insane bills that they do. $30k average for a birth? Seriously? This is why Canada can afford to give young families at 12 (or soon to be 18 month) maternity leave.   We have private clinics everywhere, but their fees are 100% paid for by the health care system and are tightly regulated.  The system works well. Nobody gets stressed when ill because there is never a bill to worry about. Maybe $15 if you want the fancy fibreglass cover on your cast. Drugs? Cheap and affordable thanks to government negotiated price controls (like basically every country except the US).   End result? The average Canadian lives 3 years longer than the average American. Think about that for a minute. 3 years. Those are the crappy years, but you are still kickin'."}
{"_id": "588430", "title": "", "text": "\"Using a \"\"vehicle\"\" is a common technique to isolate project-specific risk from the remainder of the company. There's not any problem with the vehicle making zero paper profits, it was only ever a paper company.   The dodgy bit is when they start offering remuneration to participants based on the vehicle's profits - anyone with any sense goes on gross.  Or when they are artificially shifting the profits around for tax reasons.\""}
{"_id": "588448", "title": "", "text": "The stock price is not only based on the general market trend and the stock's current profitability and prospects, but is also based on prediction of how the stock's prospects might change in the future. In almost every case, there are professional investors analysing the stock's future prospects and considering whether it's over or under values for its current price. However even professionals can be totally wrong.  If you feel like you have a good grasp on whether the stock will have improving or declining prospects over time, then you might be (if you're right) equipped to make a sensible decision on whether to hold the stock or not. If you don't think you have a good understanding about the stock, then an understanding of the general market direction might at least make stock in general worth holding. Otherwise, you are simply taking a punt. If you know of another stock that has better prospects, then ask yourself why you would hold onto the stock that you think will perform worse.  But also bear in mind that (in my understanding) research has shown that, on average, people who try to pick stocks rarely do better than a random selection, and more stock trades means more brokerage (which thanks to brokerage losses would mean you will end up doing worse than average unless you really do know better than the market)."}
{"_id": "588454", "title": "", "text": "Amazon and other online retailers actually now support bipartisan legislation to level the playing field regarding online sales taxes.  Value Added Taxes (not sales taxes in the typical sense) are the way to go, as they are much more difficult to evade and can't be sheltered via the Cayman Islands.  They can easily be made progressive through the use of rebates to lower income individuals.  There is a reason it is in place in over 130 countries."}
{"_id": "588457", "title": "", "text": "I appreciate your answering my questions instead of just downvoting.  I'm kinda losing respect for this sub by the minute.  I didn't imagine the government commandeering private fleets, rather there being rules in place for those corporations to handle evacuation situations.  I do see the potential complexity inherent in that endeavor, but it's by no means too complicated to carry out."}
{"_id": "588472", "title": "", "text": "For winning the lottery, it is important to set the mood, it means that one has to understand the consequences of winning and losing which requires proper planning that involves the feeling of self-motivation. Lotto winning system is one of the commonly used systems for the famous lottery games in the world. It is preferred by a number of players. A Lottery system is used by 70 to 80 % for purchasing the ticket."}
{"_id": "588479", "title": "", "text": "\"I don't have a direct answer for you, but here are some other things you might consider to help you decide on a course of action in addition to Joe's note about consulting a CPA...  Get a couple contractors out to look the place over and give you some quotes on the work needed, most will do so for free, or a nominal fee.  Everything about the extent and cost of repairs is complete guess work until you have some firm numbers. You might also consider getting an up-to-date appraisal, particularly if you can find someone willing to give you an \"\"after improvements\"\" estimate as well.  The housing market has fluctuated a bunch in the last couple years, your current value may have shifted significantly from where you think it is if you haven't done one recently.  You will definitely have to pay for this service, I would estimate around $500 based on one I got in St Louis a few months ago.   You might also consider reaching out to a local property management company to find out where they think you would fall in the scope of the current rental market and what improvements they would recommend.  You will probably want to be onsite to talk to any of the above people about the work they are proposing, and your intended goals, so figure some travel costs and time into your evaluation. As one of your noted concerns was the state of the roof, I can tell you that in St Louis County, and the spec sheet for most shingle manufacturers, you are limited to two layers of shingles, then the roof is supposed to be stripped and redone from the bare wood.  Personally, I won't even do the second layer, I always go to bare wood and start over, if for no other reason than it gives me an opportunity to inspect the deck and deal with any minor problem areas before they become big problems. I don't know Greene County to know what the local code may be like, but odds are high that the shingle manufacture would not honor any warranty with this installation. Another potential gotcha that may be lurking out there is your ex may still have a lingering claim to the home if you go to sell it.  I don't know the rules in Missouri off hand, but where I grew up (with family in the real estate and title insurance businesses) there was a law regarding homestead rights.  If a spouse spent even one night in a property, they had an interest in it and an explicit waiver had to be signed to release said interest.  Review your divorce settlement and/or contact your attorney to confirm your status in this regard. Also consider the potential of refinancing your mortgage to either reduce the payment, or get funds for the improvements/repairs.   Final note, I understand wanting to help out a friend (I have done similar things more times than I can count), but seriously look at the situation and see if you can't get the rent or other compensation up to the level of the mortgage at least.   You mentioned that you have belongings still on the property, what would a storage unit for said items cost? In terms of juggling the numbers you could potentially use that value as justification to adjust the friends rent as a caretaker fee without any issue.  (Verify with your CPA) Talk to the friend and see if there are other parts of the job they would be willing and able to take on as consideration for the reduced rent (make sure you have at least a simple contract on any such agreement).   Or if none of the above are sufficient to balance the numbers, see if they would be willing to take on an actual room mate to help make up the difference.\""}
{"_id": "588481", "title": "", "text": "\"I think you're on the wrong track.  Getting more and more samples from the real world does not make your backtest more accurate, it just confirms that your strategy can withstand one particular sample path of a stochastic process. The reason why you find it simple to incorporate fees, commissions, taxes, etc. is because they're a static and constant process -- well they might change over time but most definitely uncorrelated to the markets. Modelling overnight returns or the top levels of the order book the next day is serious work.  First you have to select a suitable model (that's mostly theoretical work but experience can help a lot).  Then, in order to do it data-driven, you'd have to plough through thousands of days of sample data on a set of thousands of instruments to get a \"\"feeling\"\" (aka significant model parameters).   Apropos data mining, I think Excel might be the wrong tool for the job.  Level-2 data (even just the first 10 levels) is a massive blob.  For example, the NYSE OpenBook historical data weighs in at a massive 15 TB compressed (uncompressed 74 TB) for the last 10 years, and costs USD 200k.  Anyway, as for other factors to take into account: So how to account for all this in a backtest?  Personally, I would put in some penalty terms (as % on a return basis) for every factor you want to consider, don't hardcode them.  You can then run a stress test by exploring these parameters (i.e. assign some values in the range of 0 to whatever fits).  Explore them individually (only set one penalty term at a time) to get a feeling how the strategy might react to stress from that factor.  Then you can run the backtest with typical (or observed) combinations of penalty factors and slowly stress them altogether. Edit Just to avoid confusion about terminology.  A backtest in the strict sense (had I implemented this strategy X years ago, what would have happened?) won't benefit from any modelling simply because the real-world \"\"does the sampling\"\" for us. However, to evaluate a strategy's robustness you should account for the additional factors and run some stress tests.  If the strategy performs well in the real-world or no-stress scenario but produces losses once a tiny slippage occurs every now and again, you could conclude that the strategy is very fragile.  The key is to explore the maximum stress the strategy can handle (by whatever measure); if a lot you can call the strategy robust. The latter is what I personally call a backtest; the first procedure would go by the name \"\"extension towards the past\"\" or so. Some lightweight literature:\""}
{"_id": "588484", "title": "", "text": "\"If you're not getting pay stubs showing withholding then you're working \"\"under the table\"\", which (a) is illegal, (b) is a deal for the employer because they don't have to pay any of the employment taxes including their share of your SocSec and (c) is screwing you because you'll still need to pay taxes on every dime they pay your but won't have anything set aside for it unless you're doing that yourself. Which I'm guessing you're not.  Call the local labor board or whatever.\""}
{"_id": "588509", "title": "", "text": "The insurance company is must assume you do have a preexisting condition you are unaware of.  The reason for that is that Affordable Care Act precludes the Insurance company from denying coverage of them if you do.  Insurance companies are businesses.  They are in business to make money(unless you have a nonprofit insurer).  They can not do that if you can buy insurance only when you need for them to pay out.  So even though you may not have a preexisting condition, they are precluded from requiring an examination that would detect the most expensive preexisting conditions (hidden cancers, neurological, autoimmune disorders).  So the companies must do what takes business sense and either deny you coverage or charge a rate that covers the risk they would be forced to take.   In your question on travel there was a response that suggested you get international health insurance instead of travel health insurance that would be considered credible coverage.  You are trying to save money which on a personal level is a good idea.  However that is against the societal and business need that you maintain health coverage during your healthy times to cover the costs of those who need expensive treatment.  So you will be monetarily penalized should you choose to reenter the society of insured people.  Once you have paid the higher rate for up to 18 months you should be able to get a better policy for people who have had continuous coverage.  Alternately you may be lucky enough to start working for a company that provides health insurance with out requiring continuous coverage."}
{"_id": "588527", "title": "", "text": "\"Kinda related, but when I first started going to Best Buy in the late 90's/early 2000's they were the first company I experienced \"\"receipt checkers\"\". I know it's pretty common now in electronic stores, but I remember clearly that Best Buy was the first company that made me feel like a criminal after purchasing their goods. I've never forgotten that.\""}
{"_id": "588540", "title": "", "text": "\"Sorry I thought the subreddit this was posted to gave an implicit field but I should've specified.  To clarify, I meant the general field of finance and investment banking.  I meant less traditional means of entry into that field. There was a post about someone getting recruited by by McKinsey with a PhD in theoretical physics. While thats sort of \"\"out there,\"\" I meant more along the lines of Econ/poly sci/actuarial studies etc.\""}
{"_id": "588555", "title": "", "text": "\"First, you must prioritize what a \"\"need\"\" and what a \"\"want\"\" is.  This is different for everyone but generally, I think most people will agree that impulse items are \"\"want\"\" items.  Look at the item, hold it, put it back and wait 30 days.  Put the money that the item costs $x into your savings account (transfer from checking, straight deposit, etc) Come back to the store and hold the item again and as \"\"did I miss the fact that I didnt get it 30 days ago?\"\".  95% of the time, the answer is no.  You saved $x for 30-days, and received what is a tiny bit of interest for it. This is cause for celebration!  If you repeat this for every item you THINK you \"\"need\"\" or \"\"want\"\" then you'll be amazed at what you saved.  Dont waste this money on a vacation to the islands either!  Keep saving.   There will be plenty of rainy days when you'll have wanted to trade that island vacation (or the impulse items you bought that you used once or twice and are lost in your garage somewhere) to pay for some unexpected emergency.  Trust me on this!\""}
{"_id": "588569", "title": "", "text": "\"I'm just trying to visualize the costs of trading. Say I set up an account to trade something (forex, stock, even bitcoin) and I was going to let a random generator determine when I should buy or sell it. If I do this, I would assume I have an equal probability to make a profit or a loss. Your question is what a mathematician would call an \"\"ill-posed problem.\"\"  It makes it a challenge to answer.  The short answer is \"\"no.\"\"  We will have to consider three broad cases for types of assets and two time intervals. Let us start with a very short time interval.  The bid-ask spread covers the anticipated cost to the market maker of holding an asset bought in the market equal to the opportunity costs over the half-life of the holding period.  A consequence of this is that you are nearly guaranteed to lose money if your time interval between trades is less than the half-life of the actual portfolio of the market maker.  To use a dice analogy, imagine having to pay a fee per roll before you can gamble.  You can win, but it will be biased toward losing. Now let us go to the extreme opposite time period, which is that you will buy now and sell one minute before you die.  For stocks, you would have received the dividends plus any stocks you sold from mergers.  Conversely, you would have had to pay the dividends on your short sales and received a gain on every short stock that went bankrupt.  Because you have to pay interest on short sales and dividends passed, you will lose money on a net basis to the market maker.  Maybe you are seeing a pattern here.  The phrase \"\"market maker\"\" will come up a lot. Now let us look at currencies.  In the long run, if the current fiat money policy regime holds, you will lose a lot of money.  Deflation is not a big deal under a commodity money regime, but it is a problem under fiat money, so central banks avoid it.  So your long currency holdings will depreciate.  Your short would appreciate, except you have to pay interest on them at a rate greater than the rate of inflation to the market maker. Finally, for commodities, no one will allow perpetual holding of short positions in commodities because people want them delivered.  Because insider knowledge is presumed under the commodities trading laws, a random investor would be at a giant disadvantage similar to what a chess player who played randomly would face against a grand master chess player.  There is a very strong information asymmetry in commodity contracts.  There are people who actually do know how much cotton there is in the world, how much is planted in the ground, and what the demand will be and that knowledge is not shared with the world at large.  You would be fleeced. Can I also assume that probabilistically speaking, a trader cannot do   worst than random? Say, if I had to guess the roll of a dice, my   chance of being correct can't be less than 16.667%. A physicist, a con man, a magician and a statistician would tell you that dice rolls and coin tosses are not random.  While we teach \"\"fair\"\" coins and \"\"fair\"\" dice in introductory college classes to simplify many complex ideas, they also do not exist.  If you want to see a funny version of the dice roll game, watch the 1962 Japanese movie Zatoichi.  It is an action movie, but it begins with a dice game.   Consider adopting a Bayesian perspective on probability as it would be a healthier perspective based on how you are thinking about this problem.  A \"\"frequency\"\" approach always assumes the null model is true, which is what you are doing.  Had you tried this will real money, your model would have been falsified, but you still wouldn't know the true model. Yes, you can do much worse than 1/6th of the time.  Even if you are trying to be \"\"fair,\"\" you have not accounted for the variance. Extending that logic, then for an inexperienced trader, is it right to   say then that it's equally difficult to purposely make a loss then it   is to purposely make a profit? Because if I can purposely make a loss,   I would purposely just do the opposite of what I'm doing to make a   profit. So in the dice example, if I can somehow lower my chances of   winning below 16.6667%, it means I would simply need to bet on the   other 5 numbers to give myself a better than 83% chance of winning. If the game were \"\"fair,\"\" but for things like forex the rules of the game are purposefully changed by the market maker to maximize long-run profitability.  Under US law, forex is not regulated by anything other than common law.  As a result, the market maker can state any price, including prices far from the market, with the intent to make a system used by actors losing systems, such as to trigger margin calls.  The prices quoted by forex dealers in the US move loosely with the global rates, but vary enough that only the dealer should make money systematically.  A fixed strategy would promote loss. You are assuming that only you know the odds and they would let you profit from your 83.33 percentage chance of winning. So then, is the costs of trading from a purely probabilistic point of   view simply the transaction costs? No matter what, my chances cannot   be worse than random and if my trading system has an edge that is   greater than the percentage of the transaction that is transaction   cost, then I am probabilistically likely to make a profit? No, the cost of trading is the opportunity cost of the money.  The transaction costs are explicit costs, but you have ignored the implicit costs of foregone interest and foregone happiness using the money for other things. You will want to be careful here in understanding probability because the distribution of returns for all of these assets lack a first moment and so there cannot be a \"\"mean return.\"\"  A modal return would be an intellectually more consistent perspective, implying you should use an \"\"all-or-nothing\"\" cost function to evaluate your methodology.\""}
{"_id": "588571", "title": "", "text": "\"Simplistic yes, but are you seriously saying \"\"plenty of bankers were laid off\"\", even comes close to comparing percentage wise to the percent layoffs of the general workforce?  I would not say that, and that is my simplistic view.\""}
{"_id": "588574", "title": "", "text": "Is this the time of year this board attracts question regarding the law and how to skirt it?  I've done as you suggested. I happened to have a month that I was going to blow through the $12000 limit I had on my credit card. So as the balance crossed $8000, I paid that amount, and when the bill was cut, it was just $4000 or so. Scrutiny would show the reason for partial payments was obvious, I wanted to avoid going over limit. I wouldn't have done so just to avoid the $10,000 transaction. Since then, I've asked that the limit be raised in case I have another wild month."}
{"_id": "588575", "title": "", "text": "Gold Coast Home Builders are high quality provider of new house and land packages on the Gold Coast. As Master Builders, we provide the highest quality finishes, build quality and service to our clients through the whole build process. Whether you're looking for a custom home, or would like to select from one of our affordable house and land packages, call us today, or drop into one of our showrooms and discover why we're the Gold Coast's favourite builders."}
{"_id": "588578", "title": "", "text": "&gt;  My arguement is to treat drug use as mental health issue, not continuing to fuel further criminal harm to society.   I agree its a mental health issue, but I think weed smokers would all disagree and say they have amazing mental health."}
{"_id": "588588", "title": "", "text": "Ok, thanks for sharing.  I figured it'd be expensive, but I still want to check the features out.  If we can't afford it now, we might be able to find a cheaper alternative, or grow into this one at some point down the road."}
{"_id": "588591", "title": "", "text": "Unfortunately, you are required, but most states do have agreements with neighboring states that let the states share the collected taxes without the person having to pay double taxes. So being as this is your first tax return in your current situation, you might be wise to have a professional fill it out for you this year and then next year you can use it as a template. Additionally, I really would like to see someone challenge this across state lines taxation in court. It sure seems to me that it is a inter-state tariff/duty, which the state's are expressly forbidden from doing in the constitution."}
{"_id": "588607", "title": "", "text": "\"Rebalancing a portfolio helps you reduce risk, sell high, and buy low. I'll use international stocks and large cap US stocks.  They both have ups and downs, and they don't always track with each other (international might be up while large cap US stocks are down and vice-versa) If you started with 50% international and 50% large cap stocks and 1 year later you have 75% international and 25% large cap stocks that means that international stocks are doing (relatively) well to large cap stocks.    Comparing only those two categories, large cap stocks are \"\"on sale\"\" relative to international stocks.   Now move so you have 50% in each category and you've realized some of the gains from your international investment (sell high) and added to your large cap stocks (buy low). The reason to rebalance is to lower risk.   You are spreading your investments across multiple categories to manage risk.   If you don't rebalance, you could end up with 95% in one category and 5% in another which means 95% of your portfolio is tied to the performance of a single asset category. I try to rebalance every 12 months and usually get it done by every 18 months.  I like being a hands-off long term investor and this has proven often enough to beat the S&P500.\""}
{"_id": "588608", "title": "", "text": "\"Only you can decide whether it's wise or not given your own personal circumstances. Brexit is certainly a big risk, and noone can really know what will happen yet. The specific worries you mention are certainly valid. Additionally you might find it hard to keep your job or get a new one if the economy turns bad, and in an extreme \"\"no deal\"\" scenario you might find yourself forced to leave - though I think that's very unlikely. House prices could also collapse leaving you in \"\"negative equity\"\". If you're planning on staying in the same location in the UK for a long time, a house tends to be a worthwhile investment, particularly as you always need somewhere to live, so owning it is a \"\"hedge\"\" against prices rising. Even if prices do fall, you do still have somewhere to live. If you're planning on going back to your home country at some point, that reduces the value of owning a house. If you want to reduce your risk, consider getting a mortgage with a long-term fixed rate. There are some available for 10 years, which I'd hope would be enough to get us over most of the Brexit volatility.\""}
{"_id": "588612", "title": "", "text": "Disadvantage is that tenant could sue you for something, and in an unfavorable judgement they would have access to your house as property to possess. You could lose the house. Even if you make an LLC to hold the house, they'll either sue you or the LLC and either way you could lose the house. This might be why the landlord is moving to Florida where their house cannot be possessed in a judgement because of the state's strong homestead exemption ;)"}
{"_id": "588629", "title": "", "text": "I work for one of the big 3 but there are no cars from them (yet) that fill the market segment I'm looking for.   Buick has an AWD wagon coming this fall that is supposed to be a poor man's A4 Allroad. I'm hoping that's the case. It's nearly impossible to find a nice awd wagon with a turbo from an American manufacturer.    Edit: it's a rebadged Opel Insignia. The new model looks MUCH better than the previous one. I'm hoping the performance is better as well."}
{"_id": "588636", "title": "", "text": "&gt; it means you can't compare education to any good for sale  Why not?  &gt; All of those are offering a product that is used (aka consumed)  If marketing is a product then so is education.  Edit: Another thought.  Are there for-profit schools?  Yes?  Sounds like a product."}
{"_id": "588639", "title": "", "text": "A vision is the most potent force underneath a business. Achievable dreams that keep you interested and enthused all through the course of a task can be defined as vision. When you start a business, you envision for yourself where do you want to see your organization after a specified period and then every plan or policy revolves around that vision. You can adopt some simple tips to stick around your vision effectively"}
{"_id": "588665", "title": "", "text": "\"&gt;\"\"Those measures all reflect a new way of measuring VaR though, one that switches the model from a four-year look to just one year, removing the rocky years of 2008 and 2009 from the current measure\"\"   .............. seriously i dont even know what to say.\""}
{"_id": "588666", "title": "", "text": "Try doing a few local markets and events to see if there's a demand for what you want to sell. Walk around your city if you want to open a store and find locations you're interested in. Talk to as many people as possible about pricing, location, products etc, - getting to know your potential customers has been essential for my business. Being flexible and incorporating what they want has been key for me. Some of my best selling products have been created because so many customers have asked for a certain thing (I make jewellery and lots of people asked for giraffe necklaces - I made one and it's a huge hit!). And use your age as an advantage, I was 20 when I started my business and people are happy to support a young person with a big idea and loads of passion."}
{"_id": "588668", "title": "", "text": "\"They only need to show *hypothetical* uses and generate \"\"good news\"\". This causes the speculative price to rise.  The whole thing is based on people's desire to make profits in an unregulated market - to be the \"\"early adopter\"\"  Earlier in the year I bought a coin at 10, it's now worth 200 (I was touching 400 before the \"\"crash\"\"). The coins may not be real, but the fiat profits are.  Oh and the whole thing is risky and unstable as hell - which only adds to the swings.. and the demand\""}
{"_id": "588680", "title": "", "text": "Yea like it can't be that hard to make good food, i do it every night. The size of the wings also piss me off. Places like this will do everything they can to get you in the door except the one thing that matter. MAKING AT LEAST GOOD FOOD WITH DECENT PORTION SIZES AT A MODERATE PRICE."}
{"_id": "588693", "title": "", "text": "\"I started investing with $15,000 in 2009, my first trade being to buy Ford around $2 before the other two got bailed out. That single trade put me in the six figures. I've followed that up with equally successful trades such as shorting Netflix when they announced their new pricing plan, buying Tesla when they first started selling the Model S, etc. So yeah, even benchmarked against the 2009 bottom of the S&amp;P500, I've had \"\"success.\"\"\""}
{"_id": "588719", "title": "", "text": "From Experian's FAQ How long does an item remain on my credit report? A credit reporting agency stores information from credit grantors and public records, including bankruptcies, judgments and liens. Potentially negative information, such as missed payments and most public record items, remain on a personal credit report for seven years. The exceptions are Chapters 7, 11 and 12 bankruptcies, which remain for 10 years, and unpaid tax liens, which remain for 15 years. A paid tax lien will remain for seven years. Positive information may remain on a report indefinitely. Paid closed accounts generally display for 10 years. Requests for your credit history remain on your personal credit report for two years. (This is a 'comment' to SpecKK's reply, but too long to make it as an actual comment)"}
{"_id": "588725", "title": "", "text": "&gt; . The entire rest of the world signed on to it. So, yay 'murica and all but the rest of the world is dropping dollars on that big time.   They signed something not-binding, and they aren't dropping shit.  China and India are actually asking for money to be given to them."}
{"_id": "588734", "title": "", "text": "if the consolidated joint venture/sub has a negative net worth, then it is backing out the minority owner's share.    if another entity is taking the hit, or responsible for a hit/liability instead of you, then it should improve your valuation.   do not confuse net worth with net income. BS vs IS."}
{"_id": "588743", "title": "", "text": "Typically, as an individual, you can't just decide you want to lend out some securities. There is a lot of legalities that must take place in order to engage in such a transaction. It's a regulated industry and the contractual obligations that exist between borrower and seller are taken care of ahead of time by the broker with their client, prior to any actual transaction taking place. http://en.wikipedia.org/wiki/Securities_lending I say typically, becuase I'm guessing that if you are a large enough client and own a substantial block of shares (I really mean a lot) you may be in the unique position of being able to lend out. I'm not sure what the logistics of this would look like, but I think the brokerage house would approach you and negotiate a borrowing rate. In that situation, you may negotiate lending to the the brokerage house and not necessarily directly to the borrower."}
{"_id": "588767", "title": "", "text": "As a gun person, anyone not buying right now is an idiot. Guns ammo and accessories will likely never be cheaper and more accessible then right now.    People who only panic buy astond me. How short sighted my god. Seriously I remember when Obama got in, the price of stripped AR15 lowers nearly tripled at one point.    Unbelievable"}
{"_id": "588774", "title": "", "text": "Include warnings that these numbers are estimates and are not adjusted for the market impact and tax impact of selling these shares. They need to stop pondering to the followers of the Prosperity Theology and get their analysis changed. Going to the shareholders page and just adding up their shares in comparison to the current price is lazy and not a good indicator."}
{"_id": "588775", "title": "", "text": "So if population growth is the largest driver of demand, then why are typewriters no longer sold in big box stores?  &gt; Sewing needles are absolutely driven by population growth.  Are sewing needles such a durable good?  Do they never get lost?  Are they all the same size?  Is the same percentage of population using sewing needles now compared to industrial revolution times?  What did the sewing machine do to the demand for sewing needles?  &gt; Therefore if one factory is capable of producing clothes for 100 people and automation doubles its output, growing the population to 400 would create jobs by necessitating another factory, even though automation increased efficiency.  You just proved my point.  Automation made it so more consumers are reached.  Not through population growth but through the ability to produce more goods to meet the needs of more people.  You employ 10 people in your shirt company and they produce 10 shirts each.  You decide to automate.  You have to lay off 3 people, but you now have the production power of 20 people using only 7 now.  In doing so, your profit margins are better, and you notice that A- You can't keep up with demand for your shirts and B- There is a comparable factory in the county next to yours for sale.  So you buy it, start off with 10 employee's and then you automate again, 14 people now have a job in your business as opposed to 10.  Automation has made you more efficient, and has made it so that you were able to reach more people willing to buy your product.  In doing so you have given them greater purchasing power.  Today, you can be low income and buy an Iphone, a tv, a PS4, a microwave, a car, and some furniture.  If these things were around back in the 1915, a low income person would be lucky to afford one of these items."}
{"_id": "588791", "title": "", "text": "You will find number of weight loss supplements in market. It is not necessary that each one will work. Don\u2019t worry no more with diets plus exercise with the Garcinia Cambogia, but the query is where to buy Garcinia Cambogia for weightloss with us your search will end. Visit us at: http://officialdiet.livejournal.com/1085.html."}
{"_id": "588816", "title": "", "text": "It is a seasonality test what you did but google it for more statistical methods.  Data meaning bias implies, You searched the whole data set for a pattern and got it, then when you implement your results don't give you that in practice due to the fact the pattern isn't really a pattern.... it's a feature of the dataset.   Hmm, this would be difficult to test right now, your best bet is to test it for a few months before implementing it, however that is timely and a bit wasteful. You could just implement it and hope its right..."}
{"_id": "588818", "title": "", "text": "\"Millennials prefer Walmart? I've never heard that. I'm a millennial and everyone I know hates Walmart. Millennials prefer stores that focus on \"\"organic\"\" and \"\"fresh\"\" products. Stores also get bonus points for \"\"locally made\"\" in millennials' eyes. Walmart is competitive due to excellent prices and wide variety of selection. Not because people like going there.\""}
{"_id": "588821", "title": "", "text": "Get a loaf of sourdough bread, slice it lengthwise, smear some Dijon mustard and sour cream on it, place some sliced pepperoni and jack cheese and jalape\u00f1o peppers between the bread halves, wrap it in tin foil and place it on the manifold. Drive for at least twenty minutes.  Stop. Pop the hood. Remove the sandwich, protecting your hand from the heat with a rag or napkin. Unrap the tin foil. Eat.  Yum!"}
{"_id": "588833", "title": "", "text": "\"So did they start weighing their products a little better?  We try to be vigilant now, but I've been burned a few times by WF weighing things incorrectly.  I always check the labels carefully after paying like twenty bucks for a little thing of olives.  Still got burned by a pound of meat which turned out to be more like 2/3 of a pound.  Unrelated, but I hate that they don't seem to carry steak tips in my area.  They just try to sell you garbage scraps as \"\"beef tips\"\" or tri-tip, which isn't the same thing.\""}
{"_id": "588836", "title": "", "text": "Fair enough. I would imagine the ETF could get a better option pricing if that were the case, plus liquidity and counterpart risk concerns but your point is well taken. Serves me right to shoot my mouth off on something I do not do (short).  Speaking of which, do you do a lot of shorting? Cover positions or speculation?"}
{"_id": "588850", "title": "", "text": "&gt; It doesn't have what Amazon wants or needs.  Except it literally has everything but transit. And even then, we rank pretty low for traffic congestion overall. Just slap down a commuter rail and expand bus services and we'd be on par with most other metros."}
{"_id": "588866", "title": "", "text": "Union Electricians make an average of $60-$80k depending on your area. Some can make less, but typically that would be non union workers. Some states are right to work, and by definition they will pay less than unions. Union Floor Layers/Carpenters/Painters all make way more than you can believe. Again, non union will take a small hit, but all clear $25/$30 and hour without second thought. There can be ups and downs in the market, work can get scarce, but if you save - there is not a problem. No college is required for the trades. Hard work is necessary, getting dirty as fuck is necessary, early start times/long days are a must, and the most obvious is working around many dipshit motherfuckers who shit in glue and paint buckets."}
{"_id": "588877", "title": "", "text": "FX is often purchased with leverage by both retail and wholesale speculators on the assumption daily movements are typically more restrained than a number of other asset classes. When volatility picks up unexpectedly these leveraged accounts can absolutely be wiped out. While these events are relatively rare, one happened as recently as 2016 when the Swiss National Bank unleashed the Swiss Franc from its Euro mooring. You can read about it here: http://www.reuters.com/article/us-swiss-snb-brokers-idUSKBN0KP1EH20150116"}
{"_id": "588879", "title": "", "text": "I suggest a four pronged solution to our political problems. 1. Ranked choice voting nationwide.  2. No more electronic voting machines. We need a paper trail that can be verified.  3. No more crazy jerrymandering lines. They need to be SIMPLE polygons.  4. get big money out of politics."}
{"_id": "588888", "title": "", "text": "I'm glad you arrived at that conclusion on your own.  &gt; The permanent political class, as represented by both parties \u2026 you\u2019re not going to drain that in eight months. You\u2019re not going to drain it in two terms. This is going to take ten, 15, 20 years of relentlessly going after it.  &gt; Stephen Bannon"}
{"_id": "588948", "title": "", "text": "Impossible to unwind. Its a monetary roach motel.  They will try to raise rates and unwind their balance sheet until there is another financial crisis, to which there will be another round of QE that dwarfs the previous rounds.  Unwinding has the real possibility of triggering another financial crisis.  If the bond market turns bearish after a 30 year bull market I wouldnt want to be holding dollars."}
{"_id": "588954", "title": "", "text": "\"Just came across [this Economist](http://www.economist.com/news/leaders/21608751-restricting-companies-moving-abroad-no-substitute-corporate-tax-reform-how-stop) article, they make it sound quite straight forward and I don't think they can be called totalitarian leftists by any stretch.  Here is the money quote.  &gt; America\u2019s corporate tax has two horrible flaws. The first is the tax rate, which at 35% is the highest among the 34 mostly rich-country members of the OECD. Yet it raises less revenue than the OECD average thanks to myriad loopholes and tax breaks aimed at everything from machinery investment to NASCAR race tracks. Last year these breaks cost $150 billion in forgone revenue, more than half of what America collected in total corporate taxes. &gt;  &gt; The second flaw is that America levies tax on a company\u2019s income no matter where in the world it is earned. In contrast, every other large rich country taxes only income earned within its borders. Here, too, America\u2019s system is absurdly ineffective at collecting money. Firms do not have to pay tax on foreign profits until they bring them back home. Not surprisingly, many do not: American multinationals have some $2 trillion sitting on their foreign units\u2019 balance-sheets, and growing.   It seems clear that the 35% rate is not the driving reason for these huge companies doing inversions. That 35% rate should almost certainly be cut down, but the loopholes and tax breaks need to stop as a condition of a rate cut.   Clearly this is not a dead simple issue, but I just don't want to hear the silly argument of \"\"oh our poor mega corporations are having to pay the highest taxes in the world!\"\" when the tax environment in the US is clearly rigged in their favor. Small and mid sized companies that can't afford their own Congressman sure are getting fucked though, and that makes me sad.\""}
{"_id": "588958", "title": "", "text": "&gt;If you take your blinders off, you'll realize that multi-generational households are a common phenomenon worldwide.   Yes, the world was very poor, things were supposed to change and people could live better lives, but now people live at home until 28 just to try and have a home of their own.  And we argue that this is preferable, for some stupid reason.  You did make a sound financial decision, in a warped, lopsided society that lets rich people get away with murder.  Romney pays 14% of his income to taxes?  pfft, this IS class warfare, and the lower and middle classes are losing.  &gt;The Italian side of my family did it back when they immigrated and it's becoming a trend yet again.  Yes, average people are having to do this again, because the income gap in the US is as high as it has been in 100 years.  It is not a natural phenomena, it is caused by changes in laws, taxes, etc.     http://www.theatlantic.com/business/archive/2012/06/who-killed-american-unions/258239/"}
{"_id": "588987", "title": "", "text": "\"No, it isn't the opposite of his argument.  From what I can tell, Alderan is stating: \"\"I will pick the best person for the job, regardless of Race, Gender, or Ideology.  If there was a rule in place that stated that my company required an equal ratio of blacks to Asians to Hispanics to Italians, I would chose to not follow that rule, because that would be picking potential hires based on Race, Gender, and Ideology instead of their ability to do their jobs.\"\"\""}
{"_id": "588990", "title": "", "text": "You do realize we won WWII not by having the most advanced technology, but by pumping out SO DAMN MANY that the War Machine required. The Russians did this as well, while the Germans were obsessed with developing superior technology or having mechanically elegant solutions (like their tanks). We made simple jackhammers. By the bucketload and literally out produced our way to victory."}
{"_id": "588999", "title": "", "text": "**Separation of powers under the United States Constitution**  Separation of powers is a political doctrine originating in the writings of Charles de Secondat, Baron de Montesquieu in The Spirit of the Laws, in which he argued for a constitutional government with three separate branches, each of which would have defined abilities to check the powers of the others. This philosophy heavily influenced the writing of the United States Constitution, according to which the Legislative, Executive, and Judicial branches of the United States government are kept distinct in order to prevent abuse of power. This United States form of separation of powers is associated with a system of checks and balances.  During the Age of Enlightenment, philosophers such as Montesquieu advocated the principle in their writings, whereas others, such as Thomas Hobbes, strongly opposed it.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"_id": "589001", "title": "", "text": "Sadly, everyone should have left Netflix due to the Comcast bribe. If Netflix is going to spend our money paying off cable companies instead of adding content, I'm out. It might suck for a little bit but let the customer complain to Comcast about not getting the internet speeds they pay for."}
{"_id": "589003", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-14/poloz-sees-canada-growth-moderating-while-sanguine-on-inflation) reduced by 84%. (I'm a bot) ***** &gt; Canadian growth will moderate in the second half of the year, as the Bank of Canada remains in &amp;quot;Intense data-dependent mode&amp;quot; in its consideration of whether to raise interest rates again at a time inflation is sluggish, Governor Stephen Poloz said.  &gt; Poloz, speaking to reporters Saturday in Washington, said there&amp;#039;s a sense of &amp;quot;Comfort&amp;quot; that the global economy continues to improve while adding that Canada, which is leading the Group of Seven in growth, has not seen all citizens benefit equally.  &gt; The so-called Canada Child Benefit has had a &amp;quot;Pretty significant&amp;quot; impact on the Canadian economy, Poloz said, adding it could be one of the reasons Canada has seen rising labor-force participation.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76wh0r/poloz_sees_canada_growth_moderating/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229685 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Poloz**^#1 **economy**^#2 **Canada**^#3 **growth**^#4 **Canadian**^#5\""}
{"_id": "589023", "title": "", "text": "\"Essentially. Though, at Sam's Club and COSTCO, you'll probably get your membership revoked. By asking to see your receipt and items, you're submitting to a search and the company has no legal authority to force you to do so. Basically, every time an employee asks to see your receipt and items, they are accusing you of theft and demanding you submit to a search. No, most employees don't know the legal details about this. They also can't stop you from saying \"\"No, I don't submit to a search of my items\"\" and walking right past them.   It might or might not be a big hassle. I've seen people walk right by them at Walmart. At my own grocery store, we had no legal way to restrain people who were stealing. We could yell at them, take pictures of their face, and give the evidence to police but as non-police personnel, we couldn't physically restrain them. We had a designated security guy who could do it and if he wasn't working that day, no one was getting restrained. The tiny girl working in the garden section of Walmart asking to see your receipt probably isn't private security or Walmart loss prevention.  It just depends how strongly you feel about the 4th and 5th amendment. I personally get pissed that I have a 13 month old I'm carrying and then I have to put everything down, open my bags while watching my 13 month old to keep her from bolting all for an 18 year old to just draw a yellow line through my receipt after they barely glanced at my items. It's a hassle for me and unnecessary if Walmart had a loss prevention team worth a shit but they refuse to adequately staff their stores. Hell, you don't even need a good loss prevention department if you have enough employees on the floor to deter theft.\""}
{"_id": "589044", "title": "", "text": "&gt; It makes sense for EVERYONE to pay their fair and equal share.  Totally agree.  Don't you agree that a fair an equal share for someone working full time for the system is at least a modest but complete life within the system?"}
{"_id": "589085", "title": "", "text": "non-conventional tip. reach out to another firm's risk manager and offer to buy them lunch in exchange for general tips. maybe even give them a call and introduce yourself. I did this when i landed myself in alternative investments - came from mutual funds world which is highly automated to ai world which has a lot of room for growth."}
{"_id": "589088", "title": "", "text": "\"Some of the other answers recommended peer-to-peer lending and property markets. I would not invest in either of these. Firstly, peer-to-peer lending is not a traditional investment and we may not have enough historical data for the risk-to-return ratio. Secondly, property investments have a great risk unless you diversify, which requires a huge portfolio. Crowd-funding for one property is not a traditional investment, and may have drawbacks. For example, what if you disagree with other crowd-funders about the required repairs for the property? If you invest in the property market, I recommend a well-diversified fund that owns many properties. Beware of high debt leverage used to enhance returns (and, at the same time, risk) and high fees when selecting a fund. However, traditionally it has been a better choice to invest in stocks than to invest in property market. Beware of anyone who says that the property market is \"\"too good to not get into\"\" without specifying which part of the world is meant. Note also that many companies invest in properties, so if you invest only in a well-diversified stock index fund, you may already have property investments in your portfolio! However, in your case I would keep the money in risk-free assets, i.e. bank savings or a genuine low-cost money market fund (i.e. one that doesn't invest in corporate debt or in variable-rate loans which have short duration but long maturity). The reason is that you're going to be unemployed soon, and thus, you may need the money soon. If you have an investment horizon of, say, 10 years, then I would throw stocks into the mix, and if you're saving for retirement, then I would go all in to stocks. In the part of the world where I live in, money market funds generally have better return than bank savings, and better diversification too. However, your 2.8% interest sounds rather high (the money market fund I have in the past invested in currently yields at 0.02%, but then again I live in the eurozone), so be sure to get estimates for the yields of different risk-free assets. So, my advice for investing is simple: risk-free assets for short time horizon, a mixture of stocks and risk-free assets for medium time horizon, and only stocks for long time horizon. In any case, you need a small emergency fund, too, which you should consider a thing separate from your investments. My emergency fund is 20 000 EUR. Your 50 000 AUD is bit more than 30 000 EUR, so you don't really have that much money to invest, only a bit more than a reasonably sized emergency fund. But then again, I live in rental property, so my expenses are probably higher than yours. If you can foresee a very long time horizon for part of your investment, you could perhaps invest 50% of your money to stocks (preference being a geographically diversified index fund or a number of index funds), but I wouldn't invest more because of the need for an emergency fund.\""}
{"_id": "589096", "title": "", "text": "If you need to procure of motorcycle shipping facilities, then look for the one that knows not only to render your motorcycle on the specified place and date, however even one that knows how to take proper care of it. In fact you would not like for your motorbike to have marks on it and certain dents during the transit."}
{"_id": "589103", "title": "", "text": "\"Your objectives are contradictory and/or not possible. Eliminating the non-taxable objective: You could divide the $100K in 5 increments, making a \"\"CD ladder\"\" $25K in 3mo CD (or savings a/c) $25K in 6 mo CD $25K in 9mo CD $25K in 1 yr CD or similar structure (6mo also works well) Every maturing CD you are able to access cash and/or invest in another longest maturity CD, and earn a higher rate of interest. This plan also works well to plan for future interest rates hikes. If you are forced to access (sell CD's)  ALL the $$$ at any time, you will only lose accrued interest, none of the principal.  All FDIC guaranteed. If non-taxable is the highest priority, \"\"invest\"\" in a tax-free money market fund....see Vanguard Funds. You will not have FDIC guarantee.\""}
{"_id": "589104", "title": "", "text": "I know it isn't exactly the question you asked, but please consider your future too. 529 is the correct answer, because if you can fund a Roth, you should be funding it for your own retirement. Your retirement has much a higher priority over anybody's college fund.  It is pretty great that you want to set aside cash for the niece's education, I think asking which vehicle is best for saving for education might be the wrong question. Students have many options for going to school and paying for it but retirement is pretty limited. http://www.clarkhoward.com/news/clark-howard/education/clarks-529-guide/nFZS/ is a good place to learn about 529s and makes good suggestions on where to get one.  Do it yourself, and don't pay a broker or agent to do it for you. If your retirement is already handled, feel free to vote me down and I will delete this."}
{"_id": "589123", "title": "", "text": "\"As you said, in the US LLC is (usually, unless you elect otherwise) not a separate tax entity. As such, the question \"\"Does a US LLC owned by a non-resident alien have to pay US taxes\"\" has no meaning. A US LLC, regardless of who owns it, doesn't pay US income taxes. States are different. Some States do tax LLCs (for example, California), so if you intend to operate in such a State - you need to verify that the extra tax the LLC would pay on top of your personal tax is worth it for you. As I mentioned in the comment, you need to check your decision making very carefully. LLC you create in the US may or may not be recognized as a separate legal/tax entity in your home country. So while you neither gain nor lose anything in the US (since the LLC is transparent tax wise), you may get hit by extra taxes at home if they see the LLC as a non-transparent corporate entity. Also, keep in mind that the liability protection by the LLC usually doesn't cover your own misdeeds. So if you sell products of your own work, the LLC may end up being completely worthless and will only add complexity to your business. I suggest you check all these with a reputable attorney. Not one whose business is to set up LLCs, these are going to tell you anything you want to hear as long as you hire them to do their thing. Talk to one who will not benefit from your decision either way and can provide an unbiased advice.\""}
{"_id": "589127", "title": "", "text": "\"There are more than a few different ways to consider why someone may have a transaction in the stock market: Employee stock options - If part of my compensation comes from having options that vest over time, I may well sell shares at various points because I don't want so much of my new worth tied up in one company stock. Thus, some transactions may happen from people cashing out stock options. Shorting stocks - This is where one would sell borrowed stock that then gets replaced later. Thus, one could reverse the traditional buy and sell order in which case the buy is done to close the position rather than open one. Convertible debt - Some companies may have debt that come with warrants or options that allow the holder to acquire shares at a specific price. This would be similar to 1 in some ways though the holder may be a mutual fund or company in some cases. There is also some people that may seek high-yield stocks and want an income stream from the stock while others may just want capital appreciation and like stocks that may not pay dividends(Berkshire Hathaway being the classic example here). Others may be traders believing the stock will move one way or another in the short-term and want to profit from that. So, thus the stock market isn't necessarily as simple as you state initially. A terrorist attack may impact stocks in a couple ways to consider: Liquidity - In the case of the attacks of 9/11, the stock market was closed for a number of days which meant people couldn't trade to convert shares to cash or cash to shares. Thus, some people may pull out of the market out of fear of their money being \"\"locked up\"\" when they need to access it. If someone is retired and expects to get $x/quarter from their stocks and it appears that that may be in jeopardy, it could cause one to shift their asset allocation. Future profits - Some companies may have costs to rebuild offices and other losses that could put a temporary dent in profits. If there is a company that makes widgets and the factory is attacked, the company may have to stop making widgets for a while which would impact earnings, no? There can also be the perception that an attack is \"\"just the beginning\"\" and one could extrapolate out more attacks that may affect broader areas. Sometimes what recently happens with the stock market is expected to continue that can be dangerous as some people may believe the market has to continue like the recent past as that is how they think the future will be.\""}
{"_id": "589130", "title": "", "text": "\"Good. Although I could see their case for having opt-in location sharing to \"\"help them improve their service\"\" as knowing where potential customers are located would enable them to know where more cars are needed during certain times *before* bookings start to come in.  eg. if they see thousands of their app users are at a sports game or concert they might send cars to the location in advance to get faster turnaronud times on bookings that will likely come in once people start to leave the venue.  But yeah, this should 100% be an opt-in and should be completely anonymised.  ---  But yeah, personally I'd never enable it, however I can see the case for why it might make the service better.\""}
{"_id": "589131", "title": "", "text": "Revealing and insightful article. I saw my Father work as a senior manager in the News  industry where the top brass had no experience in the core of the business and saw the friction it caused with him and other Journalists.   As an MBA student it's important for me to remember to put myself in other's shoes. Assuming I ever work in a business where management doesn't have the same core background as the operational employees."}
{"_id": "589132", "title": "", "text": "\"Essentially, he means \"\"one ignores history at their own peril\"\". We often hear people arguing that \"\"the old rules no longer apply\"\".  Whether it be to valuations, borrowing, or any of the other common metrics, to ignore the lessons of the past is to invite disaster.   History shows us that major crises in the markets usually occur when the old rules are ignored and people believe that current exceptional market conditions are justified by special circumstances.\""}
{"_id": "589139", "title": "", "text": "\"Debits' and \"\"Credits\"\" are terms used in double-entry bookkeeping. Each transaction is entered in two different places to be able to double-check accuracy. The total debits and total credits being equal is what makes the balance sheet balance. For explaining debits and credits, wikiversity has a good example using eggs that I found helpful as a student.  Debits and Credits  When a financial transaction is recorded, the Debits (Dr) and Credits (Cr) need to balance in order to keep the accounts in balance.  An easy rule to remember is, \"\"Debit the Asset that Increases\"\"  For example, if you want to practice accounting for cooking a simple breakfast, you might proceed as follows:  To record breaking the eggs and putting the eggs in the frying pan  In this transaction, an asset, (the egg) is split into parts and some of the asset goes in the pan and some in the trash. A Debit (Dr) is used to show that the assets in the pan and the trash both increase. A balancing Credit (Cr) is used to show that the amount of assets (whole eggs) in the egg carton has decreased.  This transaction is in balance because the total Credits equal the total Debits. Everything that is covered by the Debits (yolk, white and shell) is also covered by the Credits (one whole egg)\""}
{"_id": "589161", "title": "", "text": "What do you propose a fair share should be?  They pay nearly $900 million per year in income taxes. Their effective rate is reduced due to them paying higher taxes in years prior, plus they lost money and can deduct that as well.   Not to mention, they are double taxed as a corporation and payroll taxes are not part of that $900 million, so they're paying even more than that.   Part of what makes the US awesome is an environment that helps business grow. What do you think will happen when a business pays let's say 20% on revenue generated in other countries and then another 20% tax on that revenue here?  Either companies will move to a country with a lower tax rate or they pull back on global trade. Both are bad for the economy."}
{"_id": "589187", "title": "", "text": "Many fast food chains are slumping at the moment.  McDonald's is putting itself in a specific position and that's very cheap food.  I cannot remember the last time I have ever seen somebody not just go straight dollar menu or the $5 for 20nuggets.  Meanwhile, Wendy's has staples like the Baconator that people are actually purchasing.  Not against that approach, but yeah, McDonald's is literally you get what you pay for"}
{"_id": "589191", "title": "", "text": "&gt;Everyone in this room is dealing with their own version of the candle problem.  Maybe true. The Ted talk audience are highly educated, affluent, and intelligent people. Likely professionals.  For the general public, the people who build buildings, maintain infrastructure, do any manual labor in general, in a non professional setting- these people are not experiencing their own version of the candle problem. Even in an office, service, or administrative setting, how many of these jobs are procedural and focused in their tasks and objectives.  I feel that his insights, while valuable, aren't applicable to the productivity intensive problem that things like UBI face."}
{"_id": "589208", "title": "", "text": "At the very least I'd look closely at what you could get from the RESP (Registered Education Savings Plan). Depending on your income the government are quite generous with grants and bonds you can get over $11,000 of 'free' money if you qualify for everything CESG - Canada Education Savings Grant  By applying for the CESG, up   to $7,200 can be directly deposited by the Federal Government into   your RESP. The Canada Education Savings Grant section offers   information about eligibility requirements for the grant as well as   how to use it when the beneficiary enrolls at a post-secondary   institution. CLB - Canada Learning Bond CLB is available to children   born after December 31st, 2003 if an RESP has been opened on their   behalf. Browse the Canada Learning Bond section to find out who is   eligible, how to apply, and how much the Government of Canada will   contribute to your RESP. I can recomend the TD e-series funds as a low cost way of getting stock market exposure in your RESP So if I were you... As an example if you earn $40k and you pay in the minimum amount to get all the grants ($500/year, $42/month) assuming zero growth you'll have almost $14k of which $5.4k would have been given to you buy the government, if you can afford to save $200/month you'll get over $11,000 from the government"}
{"_id": "589213", "title": "", "text": "\"The DEA's reason for existence is for the USA to stick its political and military nose in other country's business, particularly Mexico and our southern continental neighbors. We need to legalize all drugs and spend that \"\"enforcement\"\" money preventing and treating addiction as a medical condition.\""}
{"_id": "589234", "title": "", "text": "Treat each transaction as separate, with its own principal, its own gain, and its own number of days.  Then the total annualized return is just a weighted average of each annualized return, with the weighting related to the number of shares in that transaction."}
{"_id": "589236", "title": "", "text": "If economic conditions are weakening, i.e. unemployment rising, business and consummer confidence dropping, etc., you can expect interest rates and thus mortgage rates to drop. If economic conditions are strengthening you can expect interest rates and thus mortgage rates to start rising. As you are in the US, and with official interest rates there at 0.25% there is not much room for these rates to fall further. I am in Australia, with official interest rates at 3.75%, and with the economic weakness in the US and Europe and with China slowing down, we can expect our rates to fall further over the next year. Regarding your timeframe of one to two weeks, unless there is a decision on rates in the US in the next week I don't think there would be much change, especially with rates there at record lows. You are probably best to shop around for the best rates now and refinance once you have found one you are happy with."}
{"_id": "589240", "title": "", "text": "Almost certainly not on these councils, which are for little more than show. I believe one of the members of this council said this week that they've never actually even had a meeting.  So he's having trouble holding on to people who are only symbolically part of the administration and don't even have to do anything."}
{"_id": "589256", "title": "", "text": "\"For some people, it should be a top priority.  For others, there are higher priorities.  What it should be for you depends on a number of things, including your overall financial situation (both your current finances and how stable you expect them to be over time), your level of financial \"\"education\"\", the costs of your mortgage, the alternative investments available to you, your investing goals, and your tolerance for risk. Your #1 priority should be to ensure that your basic needs (including making the required monthly payment on your mortgage) are met, both now and in the near future, which includes paying off high-interest (i.e. credit card) debt and building up an emergency fund in a savings or money-market account or some other low-risk and liquid account.  If you haven't done those things, do not pass Go, do not collect $200, and do not consider making advance payments on your mortgage.  Mason Wheeler's statements that the bank can't take your house if you've paid it off are correct, but it's going to be a long time till you get there and they can take it if you're partway to paying it off early and then something bad happens to you and you start missing payments.  (If you're not underwater, you should be able to get some of your money back by selling - possibly at a loss - before it gets to the point of foreclosure, but you'll still have to move, which can be costly and unappealing.)  So make sure you've got what you need to handle your basic needs even if you hit a rough patch, and make sure you're not financing the paying off of your house by taking a loan from Visa at 27% annually. Once you've gotten through all of those more-important things, you finally get to decide what else to invest your extra money in.  Different investments will provide different rewards, both financial and emotional (and Mason Wheeler has clearly demonstrated that he gets a strong emotional payoff from not having a mortgage, which may or may not be how you feel about it).  On the financial side of any potential investment, you'll want to consider things like the expected rate of return, the risk it carries (both on its own and whether it balances out or unbalances the overall risk profile of all your investments in total), its expected costs (including its - and your - tax rate and any preferred tax treatment), and any other potential factors (such as an employer match on 401(k) contributions, which are basically free money to you).  Then you weigh the pros and cons (financial and emotional) of each option against your imperfect forecast of what the future holds, take your best guess, and then keep adjusting as you go through life and things change. But I want to come back to one of the factors I mentioned in the first paragraph.  Which options you should even be considering is in part influenced by the degree to which you understand your finances and the wide variety of options available to you as well as all the subtleties of how different things can make them more or less advantageous than one another.  The fact that you're posting this question here indicates that you're still early in the process of learning those things, and although it's great that you're educating yourself on them (and keep doing it!), it means that you're probably not ready to worry about some of the things other posters have talked about, such as Cost of Capital and ROI.  So keep reading blog posts and articles online (there's no shortage of them), and keep developing your understanding of the options available to you and their pros and cons, and wait to tackle the full suite of investment options till you fully understand them. However, there's still the question of what to do between now and then.  Paying the mortgage down isn't an unreasonable thing for you to do for now, since it's a guaranteed rate of return that also provides some degree of emotional payoff.  But I'd say the higher priority should be getting money into a tax-advantaged retirement account (a 401(k)/403(b)/IRA), because the tax-advantaged growth of those accounts makes their long-term return far greater than whatever you're paying on your mortgage, and they provide more benefit (tax-advantaged growth) the earlier you invest in them, so doing that now instead of paying off the house quicker is probably going to be better for you financially, even if it doesn't provide the emotional payoff.  If your employer will match your contributions into that account, then it's a no-brainer, but it's probably still a better idea than the mortgage unless the emotional payoff is very very important to you or unless you're nearing retirement age (so the tax-free growth period is small).  If you're not sure what to invest in, just choose something that's broad-market and low-cost (total-market index funds are a great choice), and you can diversify into other things as you gain more savvy as an investor; what matters more is that you start investing in something now, not exactly what it is. Disclaimer: I'm not a personal advisor, and this does not constitute investing advice.  Understand your choices and make your own decisions.\""}
{"_id": "589285", "title": "", "text": "I don't think there are any web based tools that would allow you to do this. The efforts required to build vs the perceived benefit to users is less. All the web providers want the data display as simple as possible; giving more features at times confuses the average user."}
{"_id": "589286", "title": "", "text": "First thing's first: migrate your savings to an interest-bearing savings account (such as from Ally Bank). While it still lags behind inflation, 0.84% is still better than 0.00%. Short-term CDs are also an option. I've personally thought about experimenting with peer-to-peer lending, but a few thousand in savings isn't all that much in the grand scheme of things, and you don't want it tied up in a risky, speculative loan when you might need it the most. As the others have said, the general savings rules apply too: pay off high-interest debt, divert more money into your 401k (especially if you aren't hitting the match yet), then work on either whittling down other debts or saving more for a big purchase in the future."}
{"_id": "589308", "title": "", "text": "Payment history is probably the most significant contributor to your credit score.  Having a solid history of making, at least the minimum, payments on time will have a positive impact on your credit score.  Whether or not this specific transaction means anything to that equation is up for debate.   If you have no credit lines now and 0% for 18 months on a computer makes sense to you, then yes, making this purchase this way and paying on time will have a positive impact on your credit score.  Paying interest doesn't help your credit score.  Repay this computer before the 18 month period ends, then be sure to pay your balance in full every month thereafter."}
{"_id": "589341", "title": "", "text": "\"Such a \"\"duh\"\" article, but depressingly this happens in reality too much.  Years ago I was called into an EVP office who asked why my projects continued much longer than the average in the company (good thing - my projects kept going to get more results).  I was flummoxed by the very question.  Um, I answer questions, I deliver, I talk with the client, I'm above board.  What's the freaking magic?  Nothing - I am a person and so are the clients.\""}
{"_id": "589354", "title": "", "text": "Here at UK Thrive Ltd, we can help you improve your sales team\u2019s performance as quickly and as efficiently as possible. Our company offers training programmes that will help with the immediate improvement of your sales team\u2019s behaviour towards work. Log on to UK Thrive Ltd\u2019s website, thrivesalescoaching.co.uk, to know more about the training programmes."}
{"_id": "589377", "title": "", "text": "It would depend on whether it's considered capital gains or not. A brief Google search suggests that it is; this means you're only required to pay tax on it once it's traded for actual currency, goods, or services. It also means you get some nice tax advantages as long as you hold it for longer than a year."}
{"_id": "589389", "title": "", "text": "Are there any examples of compulsory paternity (or maternity) leave in the world? Where required, employers must offer it, and it is medically necessary for women to have some time to recover from the stress of childbirth, but I don't believe it's forced on the parents. I do believe, though, that many men would take the opportunity for paternity leave if it were more convenient than spending vacation or sick days (which aren't always available)."}
{"_id": "589394", "title": "", "text": "You are a saver, not an investor.  Your time period is simply too short.  You are stuck putting your money into less productive, but safe savings accounts."}
{"_id": "589398", "title": "", "text": "I'll just re-post my comment as an answer as i disagree with Michael Pryor. According to this article (and few others) you may save money by incorporating. These factors don\u2019t change the general   payroll tax advantage of an S   corporation, however: A S corporation   can often save business owners   substantial amounts of payroll tax if   the business profit greatly exceeds   what the business needs to pay owners   for their work."}
{"_id": "589416", "title": "", "text": "Any deductable expense will reduce your taxable income not your tax payable. Your Example 1 above is correct and gives you 100% deduction. It is like having a business where your sales are $100,000 and your expenses in making the sales is $40,000. The expenses are your tax deductions and reduce your profits on which you pay tax on to $60,000. If your Example 2 was correct then the situation above would change that you would pay say $30,000 tax on $100,000 sales, then apply your deductions (or expenses) of $40,000 so that you would pay no tax at all and in fact get $10,000 back in your return. In this case the government would not be collecting any taxes but paying out returns to everyone. Your Example 2 is absolutly incorrect."}
{"_id": "589426", "title": "", "text": "I can't tell you it came about in this particular case because I don't believe it is yet in the public domain, but this information will be included in the joint circular. I will, however, say that there are lots of ways these things can proceed."}
{"_id": "589429", "title": "", "text": "First off, do not ever tell someone your password. Nobody who actually works for the bank would need your password to access the account. Also, it may or may not be a scam (it almost assuredly is), but it is not a good idea to let someone use your bank account in your name. What if they use your account to launder money for illegal or terrorist activities? Then you would potentially face criminal charges. There is no way this story makes sense. A company would never put their payroll in some random stranger's account; they would create an account in the company's name for handling payroll and use that."}
{"_id": "589443", "title": "", "text": "\"If by \"\"Company Stock\"\" you mean \"\"stock in the company I work for\"\" then absolutely sell your stock.  It is too big a risk to have your investments tied into the same company that is also providing your salary. If you mean stock as in general investments, I like to look at it this way.   If you have $25,000 stock and a $100,000 mortgage you ask this question: If I had a $75,000 mortgage would I borrow an additional $25,000 against my house to invest in the stock market? If the answer is yes, then you are taking a risk consistent with your tolerance for risk.   If you answer no, then your tolerance for risk says you'd be happier paying down your mortgage.\""}
{"_id": "589455", "title": "", "text": "Samsung tried making smaller screens with the Galaxy S2 Mini and the Mini S3. They had iPhone sized screens compared to their larger main lines. They had the same specs and price, they were just an inch smaller.  Long story short, no one bought them and the Mini line tanked. Now Samsung only makes large phones and they are dominating the smartphone market in terms of phones sold."}
{"_id": "589470", "title": "", "text": "Not only are absolute incomes (adjusted for inflation) not increasing, but purchasing power is also decreasing. Decades ago, the salary of one middle class worker can raise a family. Nowadays, you can't even buy a home with two salaries, especially in large metro areas. There are numerous factors why this is happening:  1. Globalization. Why pay an American more when something can be done or made in Vietnam for a fraction of the cost? Prices of non-renewable resources will increase as third-world countries modernize and their populations demand the same luxuries that we have.  2. Automation. Automation has eliminated many jobs further driving income inequality. There are people with very high salaries since automation are making them much more productive and then there are jobs that have been completely eliminated because of automation. I know of factories that laid off a large fraction of their operators because the machines are now automated (but they did a hire few more engineers and technicians to increase productivity).  3. Scarcity of land. Everyone wants to live in areas where the jobs are but you can only build so much housing in one area, so house prices go up faster than wages. People with good jobs in industries where jobs are clustered in one place (biotech, software, semiconductors, finance, etc.) actually can afford less real estate than one would think based on their income just because of their location.  These issues will become even more relevant as technology continues to develop and globalization continues."}
{"_id": "589471", "title": "", "text": "I have no a clear idea about this. If any one have more information and to like to share this then please post his/her comment.I am very thank full for this act of kindness.i will come back soon is you have more idea about this."}
{"_id": "589475", "title": "", "text": "\"On the IRS site you can find a list of \"\"acceptance agents\"\" in your country. Talk to one of them, they'll deal with the IRS on your behalf. If you don't have any in your country, you can contact the big-4 accounting firms or any other agent elsewhere to provide you service. I'd suggest doing this through an agent.\""}
{"_id": "589476", "title": "", "text": "\"In the end, this is really not a finance question. It's about changing one's habits. (One step removed, however, since you are helping a friend and not seeking advice for yourself).  I've learned a simple cause & effect question - Does someone who wants (goal here) do (this current bad habit)? For example, someone with weight to lose is about to grab the chips to sit and watch TV. They should quickly ask themselves \"\"Does a healthy, energetic person sit in front of the TV eating chips?\"\"  The friend needs to make a connection between the expense he'd like to save up for and his current actions. There's a conscious decision in making the takeout purchase, he'd rather spend the money on that meal than to save .5% (or whatever percent) of the trip's cost.   If he is clueless in the kitchen, that opens another discussion, one in which I'd remark that on the short list of things parents should teach their kids, cooking is up there. My wife is clueless in the kitchen, I taught our daughter how to be comfortable enough to make her own meals when she wants or when she's off on her own. If this is truly your friend's issue, you might need to be a cooking spirit guide to be successful.\""}
{"_id": "589481", "title": "", "text": "I don't think the method falls short, it's the premise that is wrong. If the dividend stream really did grow faster than the cost of capital indefinitely, eventually the company behind the share would become larger than the entire economy. Logically, at some point, the growth must slow down."}
{"_id": "589484", "title": "", "text": "Yes, if you're caught up you can skip the quarter."}
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{"_id": "589505", "title": "", "text": "When you submit for reimbursement, the cash you get should be FIFO (first in, first out) and a large bill should empty out 2011 first, automatically tapping 12 for remaining amount owed. I doubt you need to do anything."}
{"_id": "589507", "title": "", "text": "International equity are considered shares of companies, which are headquartered outside the United States, for instance Research in Motion (Canada), BMW (Germany), UBS (Switzerland). Some investors argue that adding international equities to a portfolio can reduce its risk due to regional diversification."}
{"_id": "589511", "title": "", "text": "To be 100% honest, im not american i dont know who Amway is, and i dont know how this conversation has heated up over a comment about another country. I dont even know what you're argueing? Are you saying what im saying is not true, or the more kids they have the less money they get. IDK... but its happening everywhere in the UK."}
{"_id": "589515", "title": "", "text": "You could buy debt/notes or other instruments that pay out periodically.  Some examples are  If there is an income stream you can discount the present value and then buy it/own the rights to income stream. Typically you pay a discounted price for the face value and then receive the income stream over time."}
{"_id": "589518", "title": "", "text": "It all depends on how you feel about your employer.  Obviously you had positive feelings about yours, but often that's not the case.  &gt;It's not a good idea to leave anywhere, even if you hate it, on bad terms. It gives everyone there a bad sense of you and can come back to bite you in the future.  I think this is actually bad advice.  Treating bad employers well is sending them the wrong message and encourages them to continue treating people poorly.  While I wouldn't suggest to set the building on fire before you leave or to leave a piece of shit in your desk drawer, there is really no need to be extra nice to an employer who has been a major dick to you.  The dick employers treat their employees as inanimate replaceable resources, so it's only appropriate to return the favor by treating your employer in precisely the exact same way."}
{"_id": "589531", "title": "", "text": "You get to put money away with special tax incentives (ie - no or less taxes to pay)  They are state sponsored and therefore pretty reliable, but some states are better than others. Like with many of these tax incentive type accounts (FSA, Dependent Care Spending Accounts) they are use it or lose it.  (In a 529, use it or transfer it).  So the money put away is a sunk cost towards education and cannot be repurposed for something else should your kid not want to attend school. http://money.howstuffworks.com/personal-finance/financial-planning/529.htm"}
{"_id": "589533", "title": "", "text": "I think it's because there are a lot of retail investors in this stock.  They are the ones that tend to overreact on news cycles, so creating bad press or over-hyping bad press really makes the stock price swing."}
{"_id": "589535", "title": "", "text": "Indeed. Hm, I do not think I have been to Michigan, in fact! I've been to Chcago a couple of times though. I've got a friend an hour off there, so maybe I'll stop by you both next time I visit.  Do tell if you come to Europe though, Norway might be far to the North, but Europe is so small that it really doesn't matter much!"}
{"_id": "589538", "title": "", "text": "Yeah, but you're not going to be playing games on a laptop. That kills the experience. Plus, I've had my friend who goes to the college I want to advertise at say it would be amazing because many college students love to play video games, and I personally feel no console is going to give you the best experience with games, excluding Nintendo consoles which have a library of nearly completely exclusive titles, engineered specifically with the console's specs.   I completely understand what you mean, though."}
{"_id": "589539", "title": "", "text": "\"As others have noted, in the U.S. a checking account gives you the ability to write a check, while a savings account does not. I think you know what a check is even if you don't use them, right? Let me know if you need an explanation. Personally, I rarely write paper checks any more. I have an account for a small side business, and I haven't bothered to get new checks printed since I moved 6 years ago even though the checks still have my old address, because I've only written I think 3 paper checks on that account in that time.  From the bank's point of view, there are all sorts of government regulations that are different for the two types of accounts. But that is probably of little concern to you unless you own a bank. If the software you have bought allows you to do the things you need to do regardless of whether you call the account \"\"savings\"\" or \"\"checking\"\", then ... who cares? I doubt that the banking software police will come to your house and beat you into unconsciousness and arrest you because you labeled an account \"\"checking\"\" that you were supposed to label \"\"savings\"\". If one account type does what you need to do and the other doesn't, then use the one that works.\""}
{"_id": "589541", "title": "", "text": "I'm interested in your perspective cavehobbit. I am a reporter at Marketplace and I am looking to talk with programmers about the corporate culture in the tech world. It seems like the atmosphere you are discussing is prevalent in the industry. I'd love to talk with you more about it."}
{"_id": "589543", "title": "", "text": "Really basic Revolving credit for individuals. Use a credit card to pay for a purchase. You pay the card off completely before you pay interest and get 30 days free money. Your cash balance is for that 30 days doing you some good instead."}
{"_id": "589544", "title": "", "text": "If such an investment existed, then why would the banks be parking their overnight funds with the Federal Reserve at an interest rate of pretty much nothing?"}
{"_id": "589561", "title": "", "text": "Also, I wouldn't go so far as to say that just because a government agency is performing the work, it is now, therefore, objective.  Remember, in each and every instance, it is a *person* doing the actually work.  That person is at least just as likely to be corruptible in a corporate setting as in a government setting.  Rather, I would go so far as to say that they are more likely to be corruptible in a government job as there isn't a tremendous amount of upside.  If you're making $75k a year and have the opportunity for a $100k payment on the side to look the other way, you're much more likely to take it than if you're making $500k per year.  There's also the added complexity of each employees exit opportunities from government work.  For example, if you work for the SEC -- your best employment option outside of the commission is to go work in compliance for the industry (hedge funds and investment banks, in particular).  Kind of skews your incentives a bit, right?"}
{"_id": "589578", "title": "", "text": "Walmart now accelerating roll-out of fully automated warehouse and distribution centre technology; materials handling events to go down by seventy percent post-deployment.   That's probably what the announcement's going to be about. And seventy percent less product-related work to be done in a warehouse means seventy percent fewer floor workers, meaning that all those employees striking today will have their positions restructured by the end of the year.   And yes, their HR department is staffed by dementors, but damn their supply chain is like a curvy set of tits to those who've studied it; you can't help but want to play with it. A lot. Good stuff."}
{"_id": "589582", "title": "", "text": "I think the discrepancy you are seeing is in the detail of what happens once you pay off your student loan.  If you take your monthly payment for your student loan, and apply that to your mortgage once the student loan is payed off, paying the highest interest loan will cone out ahead.   If, on the other hand, you take your student loan payment and do something else with it (not pay down your mortgage), you would be better off paying on your mortgage.  Say you have $1000 to put towards either loan, and there is 5 years to pay on the student loan, and 25 years to pay on the mortgage.  By paying on the student loan you are, roughly, saving 5 years of 5% interest on that $1000.  By paying on the mortgage, you are saving 25 years of 3% interest."}
{"_id": "589588", "title": "", "text": "This was basically what I had figured but I've read pieces from a few people saying that it's going to have no effect at all which makes less than no sense. Do you know of any good writeups that would back your side?"}
{"_id": "589589", "title": "", "text": "Action Cooling &amp; Heating Fort Myers Serving Fort Myers and the surrounding region since 2004, Action Cooling &amp; Heating, Inc. is a prominent HVAC service provider. Their staff has 30+ combined years of experience in all facets of air conditioning, and provides quick and professional service."}
{"_id": "589601", "title": "", "text": "\"Thanks for the advice. My phone autocorrects to \"\"r\u00e9sum\u00e9\"\".   As far as the sophomore thing, I figured I might stay another quarter after 2 years if I am unsuccessful, but how would I market myself as a sophomore now?   I have to turn in a resume for a program I am applying for through school by next month, so I have to put CC down on there. Once I get a GPA at UCLA, I figure I can omit the CC at that point.\""}
{"_id": "589602", "title": "", "text": "The first two answers to this are very good, but I feel like there are a couple of points they left out that were a little too long for comments. First off take a look at the expense percentage,the load fees, and the average turnover ratio for the funds in your retirement account (assuming they are mutual funds). Having low expense fees <1% preferably and turnover ratios will help tremendously because those eat into returns whether the value of the fund goes up or down. The load fees (either incoming or outgoing) will lower the amount of money you actually put in and get out of the fund. There are thousands of no-load funds and most that have a backend load for taking the money out have clauses that lower that percentage to zero over several years. It is mostly there to keep people from trying to swing trade with mutual funds and pull their money out too quickly.  The last thing I would suggest is to look at diversifying the holdings in your account. Bond funds have been up this year even though the stock market has done poorly. And they provide interest income that can increase the amount of shares you own even when the value of the bonds might have gone down."}
{"_id": "589607", "title": "", "text": "I think the strongest reason against DHA purchases (I don't consider them investments) is points 3 and 5 mentioned above. The resale market is only to other investors that are convinced its a good investment.If you can't sell to owner occupiers, you've just removed the MAJORITY of your potential pool of people to resell to - this has a devastating effect on your ability to make any capital gain from your investment - if you're not chasing capital gain...be sure to understand why! (see article below)The marketing people will have you believe that DHA is a great investment from a yield perspective...maybe so, I haven't crunched the numbers. But in my opinion, I would wonder - who cares?Yield is important to ensure you can hold the property, but if there is no capital growth and you can't sell it for a profit or release some equity to buy the next investment, then you've just put a massive road block in your wealth building path.I am at the asset accumulation phase of my investing journey, so my opinion is skewed towards capital growth investments. Unless you have a sizable equity base already, in my opinion $4-5 Million in debt free assets, then you should be looking for capital growth assets...not high yield.This article from Your Investment Property magazine, although now dated, gives a good example to illustrate my point on why capital growth is the sensible strategy during the asset building phase of your wealth creation journey: Why capital growth is still king  I think the strongest reason against DHA purchases (I don't consider them investments) is points 3 and 5 mentioned above.  The resale market is only to other investors that are convinced its a good investment. If you can't sell to owner occupiers, you've just removed the MAJORITY of your potential pool of people to resell to - this has a devastating effect on your ability to make any capital gain from your investment - if you're not chasing capital gain...be sure to understand why! (see article below) The marketing people will have you believe that DHA is a great investment from a yield perspective...maybe so, I haven't crunched the numbers. But in my opinion, I would wonder - who cares? Yield is important to ensure you can hold the property, but if there is no capital growth and you can't sell it for a profit or release some equity to buy the next investment, then you've just put a massive road block in your wealth building path. I am at the asset accumulation phase of my investing journey, so my opinion is skewed towards capital growth investments. Unless you have a sizable equity base already, in my opinion $4-5 Million in debt free assets, then you should be looking for capital growth assets...not high yield. This article from Your Investment Property magazine, although now dated, gives a good example to illustrate my point on why capital growth is the sensible strategy during the asset building phase of your wealth creation journey: Why capital growth is still king"}
{"_id": "589611", "title": "", "text": "Now *that* is what I call spin.  The economy is down, construction companies are suffering all over (no longer profitable), and these people blame the *taxes.* Fact is, if the business were significantly profitable, the taxes would not close it. Evidence: he operated for 25 years in this tax environment."}
{"_id": "589613", "title": "", "text": "I'm pretty sure you already know this, so I'm probably just wasting time. You know, I can't think of a better analogy to the whole global warming debate than this 97% number. A misleading statistic that means nothing is used to mislead the public. The origin of this number was a survey of over 10,000 Earth scientists in climate related fields a few years back. First, it was a non-scientific survey, and only 3000 people bothered to respond. The two questions were:  The first: \u201cWhen compared with pre-1800s levels, do you think that mean global temperatures have generally risen, fallen, or remained relatively constant?\u201d Few would be expected to dispute this\u2026the planet began thawing out of the \u201cLittle Ice Age\u201d in the middle 19th century, predating the Industrial Revolution. (That was the coldest period since the last real Ice Age ended roughly 10,000 years ago. 97% of skeptics would answer yes to this.  The 2nd: Do you think human activity is a significant contributing factor in changing mean global temperatures?\u201d So what constitutes \u201csignificant\u201d? Does \u201cchanging\u201d include both cooling and warming\u2026 and for both \u201cbetter\u201d and \u201cworse\u201d? And which contributions\u2026does this include land use changes, such as agriculture and deforestation? Once again, many skeptics would answer yes.  Surprisingly, of the 3000 respondents, only 82% answered yes to both questions So there is your real consensus. Well, this wasn't acceptable of course, so they waded through the 3000, and found 79 that they classified as climate scientists. 76 of 79 responded yes to the first question. 96.4 % (What the heck, we have real published scientists who don't even think the earth has warmed?) So then 2 of the 3 who answered no to the first question didn't answer the second question. I think it is fair to say that if they think there was no warming, then they didn't feel that mankind had contributed. But for the survey, they just reported 75 of 77 (97% plus) responded yes to the 2nd question. So even using their own bull$#@!--- picking of a subset of 3000 that got the answer they wanted, they still cheated and reported the 97% statistic, since the honest 95% answer didn't sound good enough to them. Now that's the true origin of the statistic. And you could probably get 90% of skeptics to agree to the two questions.  And none of the questions address the real thing being debated. What is the real feedback going to be from CO2 warming? You can't even get a consensus on whether it will be positive or negative."}
{"_id": "589616", "title": "", "text": "Ask them to send a SWIFT payment [aka International Wire]. You would need to give them your bank details, essentially Bank Account, Bank Name & Address, SWIFT BIC, etc. Almost all Public Sector Bank and all leading Private scetor banks are members of SWIFT and can give you a the SWIFT BIC. If you are not sure about other party, it would be wise to open a new account and give the details of this account rather than your normal account."}
{"_id": "589625", "title": "", "text": "Yes, However if you live in the USA a lot of companies will refuse to sent you any report and will not let you take part in \u201cright issues\u201d as they don\u2019t wish to come under USA investment law."}
{"_id": "589634", "title": "", "text": "gee, why not pump lots of money into large infrastructure projects, creating jobs, giving people a wage they can live on and have some disposable income to pump back into the economy so that the products the rich are producing have buyers.. or is that just too simple for an economy."}
{"_id": "589657", "title": "", "text": "Size note- last I looked self insuring a fleet is insanely capital intensive as you basically have to put enough aside to cover most instances of risk. It's possible for some companies, but others will need alternatives as it's just too much upfront cash."}
{"_id": "589661", "title": "", "text": "You've just pushed the problem off to trying to figure out the market value of property, not to mention that property values are subject to bubbles. I don't particularly worry about the problems that would cause the government, but it makes it really hard on businesses (and people) that now have to pay a lot more than they budgeted for.   Property taxes are a useful thing, and serve an important purpose, but you don't want to bet budgets on them alone. Diversification is important in all kinds of investments."}
{"_id": "589667", "title": "", "text": "The Kirk Kleckner is the best unique valuation expert\u2019s company in the United states. Business valuation requires an understanding of the automotive industry\u2019s fast-changing business experts opportunities and risks. The organization has particular expertise in identifying Business valuation expert and operational dangers and choose their impact on fee. Most dealership valuation professionals rely on their expert schooling and revel in in serving the private quarter from the outside."}
{"_id": "589674", "title": "", "text": "Option 3 is a pretty unique offering. Nationwide offer free withdrawals abroad, but you need to pay \u00a310 per month (you do get very good travel insurance and other services for that fee too). So I like option 3, good for the average tourist, then pay a nominal % as expected."}
{"_id": "589692", "title": "", "text": "There is nothing called best; Depending on the amounts there are several options and each will cost some money.  If your business is still small customers are individuals try PayPal it will be easy for everyone. The other options are accepting Credit Card, you would need to set-up card gateway on your website etc Simple wire transfer, it will cost more both for your customers and to you."}
{"_id": "589714", "title": "", "text": "It would be quite the miracle if you found that you know, now, just graduating college, what your tax rate would be at retirement.  But, it's fair to say that chances are that you'll be in a higher tax bracket in years to come due to promotions,better job, or he joy of dual income after marriage. So, I'd suggest Roth for now, with an eye towards pretax savings as your income and bracket rises. Ideally, a retiree finds himself in a bracket no higher than while working, but also not lower. You see, saving in Roth 100% and missing the ability to withdraw at 0, 10, and 15%, is as bad as saving 100% in pretax, and fining you retire in a higher bracket. No one can tell you the best path, but at any given moment, the highest probability outcome may be visible."}
{"_id": "589718", "title": "", "text": "If you use the account on a regular basis follow MrChrister's advice.   If you don't use the account very often the fastest method is to just transfer the money out and then call to close the account.  In the US there is no tax or credit score implications from closing an account."}
{"_id": "589730", "title": "", "text": "Look at the assention precisely. Verify you grasp every one of the conditions and terms of banquets in Kolkata. Clear up on issues relating to repayments and different concerns. Consider the center data like extra expenses being maintained without your mastery. Your picked area needs the capacity to fit the assortments of your expected guests. Offer assignment for unexpected guests. If necessary, request extra seats and tables from banquets hall in Kolkata."}
{"_id": "589732", "title": "", "text": "\"&gt; A DCF works with whatever cash flows you are willing to forecast. If you have extreme skepticism about those &gt; forecasts then you can either adjust them, run sensitivity analyses, or use a significantly higher discount rate &gt; (or all three). All of those approaches will help you establish upper and lower bounds for a valuation.  The amount of uncertainty you have makes the upper and lower bounds insanely wide. Even choosing an appropriate discount rate is non-trivial.  &gt; So what you're saying is that Facebook can forecast that by acquiring Snapchat they're able to \"\"keep X users &gt; for Y period of time\"\" but they then can't make the next logical leap to figure out how to apply a profit/revenue &gt; factor to those user numbers in order to create a suitable DCF?  Why would they waste their time with a DCF? Sure, you can calculate incremental value saved or a hundred different metrics but at the end of the day this is a bet that you only get to make once, it would be very tough to gamble with any degree of statistical confidence here.  If they got to buy 100 whatapps' they might be able to do something but in this context it's a clear bet on strategy and it's that.  Forecasting future cashflows is notoriously difficult even with stable firms, trying this with a new firm that's practically a venture bet would be a waste of everyone's time.  Zuckerberg made a $20bn bet that this company would allow them to stay in peoples lives online and that can be sold to advertisers.\""}
{"_id": "589750", "title": "", "text": "Where's the source for your average net profit?   I know you can't get rich driving Uber but 7 cents a mile is definitely off. I drove for lyft and Uber for a few months 1.5 years ago and netted around $10 ( yes I am factoring in gas, service, etc.)  Assuming a 45 mph rate for those 14 miles is approximately 20 minutes (for easy math). So in one hour (under your 7 cents a mile) you are saying the average Uber drive makes $3.00 an hour profit?   Are you factoring in that drivers, US at least, can deduct 57.5 cents per business mile?"}
{"_id": "589762", "title": "", "text": "Now if we could get them to reduce the frequency of commercials we will have really accomplished something for the viewer. If you think about it for every 2 minutes of program you have to watch 1 minute of commercials.  This is not acceptable and it is why i watch so little television anymore."}
{"_id": "589767", "title": "", "text": "agreed, its primary goal is to shed light on how most people think about debt and money and how truly financially successful people think about debt and money, e.g. acquiring cash producing assets.  It's not terribly specific, but is a good primer to inspire someone to dive into learning about other avenues of increasing wealth that does not rely solely on grinding away year after year at some job you hate only to hope to outlive your 401k."}
{"_id": "589768", "title": "", "text": "If an advisor uses asset allocation and risk management in conjunction with financial planning, performance will be adequate for each client's goals in the LONG RUN. Past performance doesn't mean shit for the future and imo, bragging on performance in a prospect meeting signals that they don't have any other value to lean on and likely take on more risk than they should to show that performance."}
{"_id": "589773", "title": "", "text": "Verify the signature against what? You are going to have a pad of paper and ask the customer to sign and compare it for every charge?  Also, FYI, per the credit card companies, you need just to check if the signature is on the card. They do NOT(!) ask you to compare signatures."}
{"_id": "589849", "title": "", "text": "No, the vast majority of jobs do not require a business degree. You got a b.s. and seem to have a decent gpa. Now go sell it. Break out of the academic, well organized milieu you probably come from. Did you get an internship? I hope so."}
{"_id": "589858", "title": "", "text": "&gt;No, YOU made it about me.  Ha one small hypothetical example about both of us is hardly that at all.   &gt; Then put your money where your mouth is and get out there and create some jobs.  Remember my comment was in response to this random attack comment of yours that had nothing to do with the discussion.   But whatever, go keep picking fights online and then shifting the discussion the moment your argument starts falling apart."}
{"_id": "589859", "title": "", "text": "A central bank typically introduces new money into the system by printing new money to purchase items from member banks.  The central bank can purchase whatever it chooses.  It typically purchases government bonds but the Federal Reserve purchased mortgage-backed-securities (MBS) during the 2008 panic since the FED was the only one willing to pay full price for MBS after the crash of 2008. The bank, upon receipt of the new money, can loan the money out.  A minimum reserve ratio specifies how much money the bank has to keep on hand.  A reserve ratio of 10% means the bank must have $10 for every $100 in loans. As an example, let's say the FED prints up some new money to purchase some office desks from a member bank.  It prints $10,000 to purchase some desks.  The bank receives $10,000.  It can create up to $100,000 in loans without exceeding the 10% minimum reserve ratio requirement.   How would it do so?  A customer would come to the bank asking for a $100,000 loan.  The bank would create an account for the customer and credit $100,000 to the customer's account.  There is a problem, however.  The customer borrowed the money to buy a boat so the customer writes a check for $100,000 to the boat company.  The boat company attempts to deposit the $100,000 check into the boat company's bank.  The boat company's bank will ask the originating bank for $100,000 in cash.  The originating bank only has $10,000 in cash on hand so this demand will immediately bankrupt the originating bank. So what actually happens?  The originating bank actually only loans out reserves * (1 - minimum reserve ratio) so it can meet demands for the loans it originates.   In our example the bank that received the initial $10,000 from the FED will only loan out $10,000 * (1-0.1) = $9,000.  This allows the bank to cover checks written by the person who borrowed the $9,000.  The reserve ratio for the bank is now $1,000/$9,000 which is 11% and is over the minimum reserve requirement.  The borrower makes a purchase with the borrowed $9,000 and the seller deposits the $9,000 in his bank.  The bank that receives that $9,000 now has an additional $9,000 in reserves which it will use to create loans of $9,000 * (1 - 0.1) = $8100.   This continual fractional reserve money creation process will continue across the entire banking system resulting in $100,000 of new money created from $10,000. This process is explained very well here."}
{"_id": "589862", "title": "", "text": "Yep, you need to hire a lawyer and an accountant, honestly.    When I was starting my business, I hired one who was BOTH.  Not really for cost-savings, though it did save $$$, but it was super convenient and it's nice to have someone knowledgable in both.  It totally depends on your area, but don't overthink it or get intimidated.  It won't take as much $$$ as you think to hire someone, maybe $500-$1,000 or so upfront, then a small hourly fee probably every month if you need help with sales tax or accounts or whatever... you need to make sure the gov is getting theirs though from day 1 re: taxes, otherwise you're gonna regret it.  Much cheaper to get it all in place now."}
{"_id": "589863", "title": "", "text": "\"Don't go bashing white Christian American's too hard, bub. They're the only reason you life a free life (if you live in the USA), see WW1, WW2.  I don't just take my news from Fox. In fact, lately, they seem to be getting taken over by CNN fucking crazy commies. But I take in the news from over a dozen sites and do my own cross checking/thinking.   If you're a Bernie guy, although it's a whole lot better than an obama guy, you're still a moron, relatively speaking.   And sticking your head in the sand about the muslim invasion is just going to get it cut off by them.  Hey, check it out, more from your buddies just in from jolly ol' London, mate! \"\"Nursery worker is left with broken ribs and needing stitches after she was punched and kicked to the ground and slashed with a Stanley knife by three girls shouting 'Allah will get you'\"\"\""}
{"_id": "589872", "title": "", "text": "This is one effect of rising minimum wages: compression of lower pay tiers. The new employees might have been offered a lower starting rate than the result of your raise, but your employer did not have that option as a matter of law."}
{"_id": "589898", "title": "", "text": "Make a list and require your spouse to approve any purchase not on the list."}
{"_id": "589918", "title": "", "text": "In the United Kingdom, our company sales the best medicine online. The mepore ultra dressings are showerproof, self-cement retentive dressings that shield wounds from water and outside fouling. The dressings have a low-disciple wound contact layer that limits the danger of adherence to the injury. The mepore ultra dressings are retentive injury cushions made of thick. The dressings have a low-disciple wound contact layer and have a viral and microscopic organisms evidence backing film."}
{"_id": "589932", "title": "", "text": "\"Which, unsurprisingly falls under my comment.  \"\"Everytime I see this brought up it turns out to be based on first wave cars\"\"  Which since I'm not a first gen buyer, I'm not really worried about. As a stock holder I also see signs that they are actively fixing issues, so what you see wrong with wave 1 is not wrong with wave 2 and so on and so forth.  So I'll reply with a snarky bit of my own.   \"\"If only readers of /r/Business actually ***read***\"\"\""}
{"_id": "589935", "title": "", "text": "Farm subsidies also act as a strategic reserve of arable land. If war broke out and our supply lines were cut, we are one of the few countries in the world who could increase our farming output to feed our own citizens without imports. Keeping a large percent of land available to be farmed requires paying farmers to keep that land ready."}
{"_id": "589941", "title": "", "text": "\"On what are you basing this theory?    Google has partnered with cities like Kansas City to create or use existing infrastructure.  For example, KC has waived a huge fee for utility pole use.  In other cases, they buy/lease the existing fiber that the city owns for $1.  They have cut through the installation barriers by working only with cities that are willing to deal.  Google \"\"Overland Park Kansas Google fiber\"\", you'll find them without fiber because they didn't want to work with Google.  Soon they will be a fiber-less island in the KC metro area.  Google wants everyone to have better internet, assured net neutrality and make a profit.  They will make a profit on this venture faster than you think.  Moreover, their competition will have to actually compete which will be better for all of us.  I also predict city mayors will start getting elected on a simple campaign of \"\"Bring Google Fiber here or let's build it ourselves\"\".    Who wouldn't vote for that candidate in a city with a Comcast monopoly?\""}
{"_id": "589950", "title": "", "text": "\"The Euro is not the reason for the debt crisis. It is only preventing those countries affected from using the easy way out. The fault is entirely that of those countries.  They were given billions and billions in structural aid, to put the \"\"convergence criteria\"\" into reality. Instead they chose bubble economies. And no, this is not the same all around Europe. I don't see France or Germany having a giant property bubble.\""}
{"_id": "589957", "title": "", "text": "In a situation like this, I presume you'd invest in the child company if you thought that the child company would increase in value at a higher rate than the parent. You'd invest in the parent company if you thought the parent company would perform well as a whole, but you did not want to assume the risk of an individual company underneath it. Say the child company is worth 100 million, and the parent company is worth 500 million. You've invested a sum of money in the child company. The child company performs very well, and increases in value by, say, 20 million. As the parent company owns the child, we could say it also increases in value by roughly 20 million. The difference is proportional - Your investment in the child sees a 20% gain in value, whereas your investment in the parent sees a 4% gain in total value, as in this example the parent company, which owns nearly 100% of the child company, is worth 5x more and thus proportionally sees 1/5 the increase in value, due to it being worth more as a whole. Think of it similarly to a mutual fund or ETF that invests in many different stocks on the market. As the market does well, that mutual fund or ETF does well, too.  As the mutual fund is made up of many individual stocks, one stock performing very well, say at a 10-20% increase in value, does not raise the value of the ETF or mutual fund by 10-20%. The etf / mutual fund will perform slightly better (Assuming all other components remain equal for this example), but only proportionally to the fraction of it that's made up of the stock that's performing well."}
{"_id": "589970", "title": "", "text": "\"If you're really a part-time worker, then there are some simple considerations.... The remote working environment, choice of own hours, and non-guarantee of work availability point to your \"\"part-time\"\" situation being more like a consultancy, and that would normally double or triple the gross hourly rate. But if they're already offering or paying you a low hourly figure, they are unlikely to give you consultant rates.\""}
{"_id": "589986", "title": "", "text": "\"First of all, congratulations on being in an incredible financial position.  you have done well. So let's look at the investment side first.   If you put 400,000 in a decent index fund at an average 8% growth, and add 75,000 every year, in 10 years you'll have about $1.95 Million, $800k of which is capital gain (more or less due to market risk, of course) - or $560k after 30% tax.  If you instead put it in the whole life policy at 1.7% you'll have about $1.3 Million, $133k of which is tax-free capital gain. So the insurance is costing you $430K in opportunity cost, since you could have done something different with the money for more return.   The fund you mentioned (Vanguard Wellington) has a 10-year annualized growth of 7.13%.  At that growth rate, the opportunity cost is $350k.  Even with a portfolio with a more conservative 5% growth rate, the opportunity cost is $178k Now the life insurance.  Life insurance is a highly personal product, but I ran a quick quote for a 65-year old male in good health and got a premium of $11,000 per year for a $2M 10-year term policy.  So the same amount of term life insurance costs only $110,000.  Much less than the $430k in opportunity cost that the whole life would cost you. In addition, you have a mortgage that's costing you about $28K per year now (3.5% of 800,000). Why would you \"\"invest\"\" in a 1.7% insurance policy when you are paying a \"\"low\"\" 3.5% mortgage? I would take as much cash as you are comfortable with and pay down the mortgage as much as possible, and get it paid off quickly. Then you don't need life insurance.  Then you can do whatever you want.  Retire early, invest and give like crazy, travel the world, whatever.   I see no compelling reason to have life insurance at all, let alone life insurance wrapped in a bad investment vehicle.\""}
{"_id": "589992", "title": "", "text": "My local Ace hardware store is my new favorite place.  It's definitely still the old school hardware store of my youth, aisles and aisles of fasteners of every kind with envelopes and pens to write down what you bagged.  All the little fiddly bits of plumbing and cabinet hardware you can spend 40 days searching for in a Home Depot or Lowe's and never find.  A crusty old geezer in the back who knows more than your dad when it comes to plumbing, concrete, framing, etc..."}
{"_id": "590010", "title": "", "text": "What JoeTaxpayer means is that you can sell one ETF and buy another that will perform substantially the same during the 30 day wash sale period without being considered substantially the same from a wash sale perspective more easily than you could with an individual stock. For example, you could sell an S&P 500 index ETF and then temporarily buy a DJIA index ETF. As these track different indexes, they are not considered to be substantially the same for wash sale purposes, but for a short term investing period, their performance should still be substantially the same."}
{"_id": "590013", "title": "", "text": "This one is pretty interesting in light of this OP's article (bold emphasis mine): &gt;\u201cMediocre company\u201d  Former Employee in Park City, UT \u2013 **Reviewed Sep 1, 2010**  &gt;Pros \u2013 Convenient location, employee covered parking, ski passes (sometimes), competitive pay.  &gt;Cons \u2013 Corporate Management has no idea what's happening on the local level. **Owner of company sends emails to all employees with his political views, including who you should vote for during election season.** Health insurance premium is more expensive than I have ever paid elsewhere.  &gt;**Advice to Senior Management \u2013 Keep your political opinions to yourself.** Trust your local GM's and managers."}
{"_id": "590058", "title": "", "text": "REO stand for real estate-owned homes or pre-owned homes that are for sale. Banks and other financial institutions have huge numbers of foreclosures homes that they are offering at very affordable prices. Many people buy investment homes and either keep them as equity or re-sell them with a mark-up and turn a profit. Cheap houses are a good way to invest and earn a return on your money."}
{"_id": "590063", "title": "", "text": "The referenced article leaves out the relevant information that Russia's embargo was a response to bans, by other countries ~~of~~, of food imports from Russia. BBC News offers a somewhat fuller picture:  http://www.bbc.com/news/business-28714869  The Russian government's actions still seem vindictive and self-defeating to me, but I wanted to add that information."}
{"_id": "590079", "title": "", "text": "Agreed.  Their prices are usually much much cheaper than your larger chains like Giant Eagle and Food Lion.  I wish there was a Trader Joes near me right now, would save me a ton on my grocery bill."}
{"_id": "590080", "title": "", "text": "The reason you would want to report to all three is because lenders don't usually query all three. Thus, it may be that your negative mark will be missed by a future lender because that lender didn't query the agency you chose to report to. Generally, it is cheaper to report to more agencies than to query more agencies, and since those reporting are also those querying, it is in their best interest to continue reporting to all agencies, and expecting others to do the same. Each agency calculates the score independently based on the information reported to that agency. Thus only reporting a negative item to Experian will mean that TransUnion and Equifax scores for the same person will be higher."}
{"_id": "590082", "title": "", "text": "Ask the dealer to drive to the bank with you, if they really want cash."}
{"_id": "590084", "title": "", "text": "We provides the service in the field of Architect &amp; Interior in Mumbai. Real estate field is one of the fastest growing field in India, where architect and Interior is used as a core component. We are highly professional in this field. We provides this services to Homes, Offices and Building. Our aim is to provide the top quality of product to the customers without any compromises. The strength of Weaverbirds Archinterio is quality and delivery. We are new in market but still we delivered many project till now. We fulfil your dream to make your house or apartment and commercial places looks good. We can make you home beautiful whether it is new or old at less cost than others. For more details visit contact page."}
{"_id": "590102", "title": "", "text": "When a business asks me to make out a cheque to a person rather than the business name, I take that as a red flag. Frankly it usually means that the person doesn't want the money going through their business account for some reason - probably tax evasion. I'm not saying you are doing that, but it is a frequent issue. If the company makes the cheque out to a person they may run the risk of being party to fraud. Worse still they only have your word for it that you actually own the company, and aren't ripping off your employer by pocketing their payment. Even worse, when the company is audited and finds that cheque, the person who wrote it will have to justify and document why they made it out to you or risk being charged with embezzlement. It's very much in their interests to make the cheque out to the company they did business with. Given that, you should really have an account in the name of your business. It's going to make your life much simpler in the long run."}
{"_id": "590103", "title": "", "text": "You do realize that the stock market is at all time highs because of QE, right?   And that the article isn't even disputing that, it is saying that a vast majority of people is not getting into a better standard of living, with the exception of the very rich, which also happen to be the ones that hold most of the stocks. Funny how that works, isn't it."}
{"_id": "590109", "title": "", "text": "\"I don't see why not.  It *could* go over fantastically.    Imagine Wal-Mart firing every single solitary employee who didn't come in.  Then imagine them busing in thousands of employees from all over the country, providing lodging and transportation, to keep the stores open while they train new people.  \"\"Wal-Mart: Going the Extra Mile\"\"  The public would eat it up with a spoon!  And it would send exactly the message they intend: No unions, no collective bargaining, no negotiation.\""}
{"_id": "590126", "title": "", "text": "&gt; Nonsense! Mugging .... is so rare  Edited to reflect what I actually said, and to respond. Mugging is rare, but it's not non-existent. Being proactive about making yourself a poor choice of targets is important to staying safe. Your arguments have shown a pattern of this lack of fore-sight, so far. I'm not going to spend my life going in circles with you.  &gt; I am saying that cards that require you to enter a PIN cannot be used used when stolen or copied. Yes or no?  &gt; On the other hand, cards that require signature can be used when stolen or copied because signature is a worthless method to validate the charge. Yes or no?  I think you've broken, and it is clear that you are the one trying to keep the argument going for the sake of it. So I'm done.  &gt; Do you see? There are so many ways to make this system so much more secure and fraud proof... but, ON PURPOSE,  yep. but on purpose."}
{"_id": "590142", "title": "", "text": "The idea of self-regulating free markets is every bit of a naive utopian idea as anything Karl Marx ever wrote.  People who wish to limit the government have the best interests of corporations at heart.  That is why there are vast sums of money behind libertarian groups like the Tea Party.    There will always be corruption in government, just as there will never be truly free markets.  That is why our founding fathers set up multiple branches of government with all the checks and balances.  Things are broken right now because the American people have lost faith in our government.    What we need is for a true patriotic spirit to return to the American people, not this unproductive, flag waving nationalism."}
{"_id": "590145", "title": "", "text": "\"Your main reason to not pay off your debts right now seems to be: Enjoy life while \"\"I am young\"\" and not miss opportunities to have fun? I think the good news is that having fun usually does not require spending a lot of money. I would propose that most of the times when we considered something fun it had more to do with who we were with than what we were actually doing. Of course there are many fun things that are expensive, but there are even more fun things that require little money at all. My suggestion to you would be to prioritize your debt in a responsible way such that you have a plan to pay it off quickly, but if something comes along that does require extra money, don't be afraid to make an adjustment. For example, you can try to put 2000\u20ac towards your debt every month, but if some exciting adventure comes along that you really want to do and it costs 1000\u20ac one month, you shouldn't feel like you absolutely must turn it down. That month you could put 1000\u20ac towards debt and the other 1000\u20ac towards the adventure. I wouldn't recommend taking an adventure every month, but I wouldn't always turn one down either. Besides, I think most of the time you can have lots of fun for free.\""}
{"_id": "590151", "title": "", "text": "As long as tax cuts for the rich and increases in the military budget are considered sacrosanct; while universal education and healthcare are considered luxuries the deficit will increase.  For their taxes Europeans get free education for life through graduate school, a healthcare system that American's would want if they were allowed to know it existed, child care, clean streets, a justice system that has the lowest recidivism rate in the world and a stable middle class.  For our taxes, Americans get parasitic billionaires and fighter jets that can't fly in the rain."}
{"_id": "590161", "title": "", "text": "That broad figure is rather useless on its own. People buy mostly things they need right away.  A useful analysis would a multi-variable one, graphing 3-way correlations of:  - price - profit margin - average half-life of the product  Maybe across a few separated categories, online vs brick-and-mortar, normalised towards the median and 3 standard deviations on each variable.  These would be some neat graphs if only the data was available."}
{"_id": "590183", "title": "", "text": "Even without regulation wage floor is as close to zero as possible. If you want a truly free labor market, where employers actually have to compete for workers, something akin to a UBI would have to exist, or something that actually frees the labor market IMHO."}
{"_id": "590188", "title": "", "text": "Sure. No-one promises that all the outstanding stocks are ever for sale, but if you get them all - you get them all, what marketplace you used for that doesn't really matter."}
{"_id": "590209", "title": "", "text": "Why is OP still using BoA?  I got a large check when my grandfather died, my credit union told me that there'd be a delay because it was so large.  I said no problem.  Then a lady called me later that day to make sure I didn't need some of the money immediately.  I again demurred, but they really went the extra mile.  Why?  Because local credit unions actually give a shit about their customers.  Anyone who uses BoA for banking gets what they deserve.  How many more stories do you need to read?"}
{"_id": "590212", "title": "", "text": "\"I think you'll find the vast majority of people don't like their first job and/or just see it as a stepping stone towards something better. With that said I highly recommend you stay for at least a year unless you're truly miserable. That year will let you learn not only more about your field but also office life in general and the politics/networking/traits it takes to be successful and move up the chain. Staying for less than a year can also be a red flag when you go to apply for your next job as companies can see you as \"\"shaky\"\" and not want to take the risk of hiring someone who will leave so soon.\""}
{"_id": "590218", "title": "", "text": "Theoretically, it could be daily, but depending upon the number of companies in the index, it could be anywhere between daily or once a month or so. Apart from that, there is a periodic index review that happens once every quarter. The methodology for each index is also different, and you need to be aware of it (we had positions on literally hundreds of indices, and I knew the methodology of almost each of them).  If you have say, 2 billion dollars tracking a certain index, even a miniscule change in the composition would be substantial for you. But for certain others, you may just need to buy and sell $10k worth of stocks, and we would not even bother."}
{"_id": "590231", "title": "", "text": "I like to look at Alpha, Beta, St. Dev., Sharpe Ratio, and R-Squared. It's also good to know how they work together. i.e.: Say you're comparing a fund to an index and the fund has a low beta, but the r-squared is low (&lt;70 is low for my usage). The beta loses some significance in that instance.   You want to be able to look at these 5 metrics, know what they mean on their own, and what they say about each other.  Sorry if that was poorly worded, Mondays..."}
{"_id": "590232", "title": "", "text": "To determine how much you can contribute to a regular and roth IRA you have to calculate your compensation: What Is Compensation?  Generally, compensation is what you earn from   working. For a summary of what compensation does and does not include,   see Table 1-1. Compensation includes all of the items discussed next   (even if you have more than one type).Wages, salaries, etc. Wages,   salaries, tips, professional fees, bonuses, and other amounts you   receive for provid-ing personal services are compensation. The IRS   treats as compensation any amount properly shown in box 1 (Wages,   tips, other compensation) of Form W-2, Wage and Tax Statement,   provided that amount is reduced by any amount properly shown in box 11   (Nonqualified plans). Scholarship and fellowship payments are   compen-sation for IRA purposes only if shown in box 1 of Form   W-2. It a also includes commissions, self-employment income, and alimony an non-taxable combat pay. For most people it is what i in box 1 of the W-2. For the example in the question. If the sum of Box 1's equals $3,200 that is the maximum you can contribute to all your IRAs (regular and Roth). The funds can come from anywhere. It is not related to your net check. The money can be from savings, gifts, parents, grandparents... The IRS doesn't care about the source of the funds, only that you don't over contribute. Of course the calculation is more complex if the person is married, and if they have access to a retirement account."}
{"_id": "590233", "title": "", "text": "Haven't there been examples of governments defaulting, delaying payment and imposing haircuts on investors? Greece and Argentina come to mind. Quite a few Govt have defaulted in the past or were very of default or crisis. Most 3rd world countries or developing countries have under gone stress at some point. Greece was amongst the first example of Developed country going bankrupt. am I not better off if the fund invests solely in AAA corporate bonds, avoiding government bonds? Well that depends. Corporate bonds are not safer than Government Bonds. There have been instances of Corporate bonds not giving the required returns."}
{"_id": "590234", "title": "", "text": "In how much trouble can I get exactly if the IRS finds out? I   understand that there's a 6 year statute of limitations on criminal   charges and no limitation at all on fraud. Is this considered fraud?   I'm assuming not. There's no statute of limitations for fraud (which is a criminal charge). The statute of limitations is for failure to report income which is not fraud. In your case, since you willingly decided to not report it knowingly that you should, it can most definitely account for fraud, so I wouldn't count on statute of limitations in this case. I should amend my taxes for those years That would be the easiest way to go. would the IRS go all the way and file criminal charges considering the amount of money I owe They have the legal right to, and if you do get caught - likely they will. Easy money for them, since you obviously have income and can pay all the fines and penalties. Practically speaking, what's the worst case scenario? Theoretically - can be jail as well. Being charged in a criminal court, even if the eventual punishment is just a penalty, is a punishment of its own. You'll have troubles finding jobs, passing security checks, getting loans approved, etc. For $3200, when you're in 25% bracket as an individual for years, I'd say not worth it."}
{"_id": "590267", "title": "", "text": "Apparently it's based on either the address of the seller or vendor or your shipping address; from the AccurateTax.com blog post Destination and Origin Based Sales Tax: ... a few states have laws that are origin-based, where products that are shipped to the customer are taxed based on the location of the business itself. As of this writing, these states are Most states use destination-based sales tax, which defines the source of the transaction to be the destination at which the product will eventually be used, or the address to which the product is shipped. ... The following states [and districts] operate on a destination-based model at the time of this writing: The page Do I Charge Sales Tax or Not? from about.com seems to (somewhat) clarify that if the business is located in a state (or other jurisdiction) with an origin-based sales tax, then they will charge you the sales tax for their state and, presumably, not the sales tax for the state of the shipping address."}
{"_id": "590276", "title": "", "text": "\"Warren Buffett: 'Investing Advice For You--And My Wife' (And Other Quotes Of The Week): What I advise here is essentially identical to certain instructions   I\u2019ve laid out in my will. One bequest provides that cash will be   delivered to a trustee for my wife\u2019s benefit\u2026My advice to the trustee   could not be more simple: Put 10% of the cash in short-term government   bonds and 90% in a very low-cost S&P 500 index fund. (I suggest   Vanguard\u2019s.) I believe the trust\u2019s long-term results from this policy   will be superior to those attained by most investors\u2026 Similarly from Will Warren Buffett's investment advice work for you?: Specifically, Buffett wants the trustee of his estate to put 10   percent of his wife's cash inheritance in short-term government bonds   and 90 percent in a low-cost S&P index fund - and he tips his hat   specifically to Bogle's Vanguard in doing so. Says Buffett: \"\"I believe   the trust's long-term results from this policy will be superior to   those attained by most investors - whether pension funds, institutions   or individuals.\"\"\""}
{"_id": "590277", "title": "", "text": "Fighting scammers to the point that you drive away a significant volume of customers is cutting off your nose to spite your face.    Treating customers like they're acting in good faith and fighting scammers on the back end is the right way to do it.  Ebay and Amazon need to step up those back end efforts, though."}
{"_id": "590306", "title": "", "text": "It sounds extremely fishy to me. Who has $750 in cash in his pocket and uses it to pay rent?? I would ask the tenant to show a statement from her checking account which shows that she took out that much cash in the days before the 'payment', and if she cannot provide it (or another convincing explanation), I would consider it a lie and request payment."}
{"_id": "590310", "title": "", "text": "Alright, team!   I found answers to part 1) and part 2) that I've quote below, but still need help with 3).  The facts in the article below seem to point to the ability for the LLC to contribute profit sharing of up to 25% of the wages it paid SE tax on.  What part of the SE tax is that?  I assume the spirit of the law is to only allow the 25% on the taxable portion of the income, but given that I would have crossed the SS portion of SE tax, I am not 100%.  (From http://www.sensefinancial.com/services/solo401k/solo-401k-contribution/) Sole Proprietorship Employee Deferral The owner of a sole proprietorship who is under the age of 50 may make   employee deferral contributions of as much as $17,500 to a Solo 401(k)   plan for 2013 (Those 50 and older can tack on a $5,500 annual catch-up   contribution, bringing their annual deferral contribution to as much   as $23,000). Solo 401k contribution deadline rules dictate that plan   participant must formally elect to make an employee deferral   contribution by Dec. 31. However, the actual contribution can be made   up until the tax-filing deadline.  Pretax and/or after-tax (Roth)   funds can be used to make employee deferral contributions. Profit Sharing Contribution A sole proprietorship may make annual profit-sharing contributions to   a Solo 401(k) plan on behalf of the business owner and spouse.   Internal Revenue Code Section 401(a)(3) states that employer   contributions are limited to 25 percent of the business entity\u2019s   income subject to self-employment tax. Schedule C sole-proprietors   must base their maximum contribution on earned income, an additional   calculation that lowers their maximum contribution to 20 percent of   earned income. IRS Publication 560 contains a step-by-step worksheet   for this calculation. In general, compensation can be defined as your   net earnings from self-employment activity.  This definition takes   into account the following eligible tax deductions: (1) the deduction   for half of self-employment tax and (2) the deduction for   contributions on your behalf to the Solo 401(k) plan.  A business   entity\u2019s Solo 401(k) contributions for profit sharing component must   be made by its tax-filing deadline. Single Member LLC Employee Deferral The owner of a single member LLC who is under the age of 50 may make   employee deferral contributions of as much as $17,500 to a Solo 401(k)   plan for 2013 (Those 50 and older can tack on a $5,500 annual catch-up   contribution, bringing their annual deferral contribution to as much   as $23,000). Solo 401k contribution deadline rules dictate that plan   participant must formally elect to make an employee deferral   contribution by Dec. 31. However, the actual contribution can be made   up until the tax-filing deadline.  Pretax and/or after-tax (Roth)   funds can be used to make employee deferral contributions. Profit Sharing Contribution A single member LLC business may make annual profit-sharing   contributions to a Solo 401(k) plan on behalf of the business owner   and spouse. Internal Revenue Code Section 401(a)(3) states that   employer contributions are limited to 25 percent of the business   entity\u2019s income subject to self-employment tax. Schedule C   sole-proprietors must base their maximum contribution on earned   income, an additional calculation that lowers their maximum   contribution to 20 percent of earned income. IRS Publication 560   contains a step-by-step worksheet for this calculation. In general,   compensation can be defined as your net earnings from self-employment   activity. This definition takes into account the following eligible   tax deductions: (i) the deduction for half of self-employment tax and   (ii) the deduction for contributions on your behalf to the Solo   401(k).  A single member LLC\u2019s Solo 401(k) contributions for profit   sharing component must be made by its tax-filing deadline."}
{"_id": "590329", "title": "", "text": "If they specifically ask you this, don't try to make something up. If you know something about the company that actually interests you, you can start with that.   You can ask questions on what kinds of benefits/incentives they receive, their culture, or how they do things differently at their company.   IMO you can try to redirect this to how you think the fintech industry and position are right for you- that you want to do challenging work, solve difficult problems, work with incredibly smart people, and improve your skills and gain experience, and how you have read/heard that the company a big player in the industry, is well known for all of the above and is the right place for you to achieve your goals. (Why did you apply in the first place?)"}
{"_id": "590339", "title": "", "text": "Depends on the level of risk in the specific p2p provider. I've looked at lendinvest which secures loans against property. You can select loans based on loan-to-value ratio etc. Even if a recession happens, if the LTV is around 50% it would have to be a pretty awful recession for you to lose any money once they recover, although there will be a delay while you wait for the recovery to happen. I would thus consider this lower risk than other p2p options, so I'd be willing to put more money into it. At the end of the day as others have said there's no objective answer. This is just one factor to consider which I don't think has been pointed out yet on this discussion"}
{"_id": "590358", "title": "", "text": "10% of 20,000 has a way bigger impact on someones quality of life than 10% of 10,000,000. There's a bare minimum you need to have an okay lifestyle, and it scales very quickly until you hit six figures-ish (or whatever the equivalent is for your area in purchasing power)."}
{"_id": "590362", "title": "", "text": "Cultural aspects aside, there are a lot of American universities throughout Europe. Reinsertion into the US market would be my #1 concern but besides that it beats the tons of debt you get in the US while being able to expand your horizons. I just find it very weird more people don't at least consider it and rather make the mistake of paying 60k a year. Or at least go to community College..."}
{"_id": "590364", "title": "", "text": "Bonds released at the same time have different interest rates because they have different levels of risks and liquidity associated.  Risk will depend on the company / country / municipality that offers the bond: their financial position, and their resulting ability to make future payments & avoid default. Riskier organizations must offer higher interest rates to ensure that investors remain willing to loan them money. Liquidity depends on the terms of the loan - principal-only bonds give you minimal liquidity, as there are no ongoing interest payments, and nothing received until the bond's maturity date. All bonds provide lower liquidity if they have longer maturity dates. Bonds with lower liquidity must have higher returns to compensate for the fact that you will have to give up your cash for a longer period of time. Bonds released at different times will have different interest rates because of what the general 'market rate' for interest was in those periods. ie: if a bond is released in 2016 with interest rates approaching 0%, even a high risk bond would have a lower interest rate than a bond released in the 1980s, when market rates were approaching 20%. Some bonds offer variable interest tied to some market indicator - those will typically have higher interest at the time of issuance, because the bondholder bears some risk that the prevailing market rate will drop. Note regarding sale of bonds after market rates have changed: The value of your bonds will fluctuate with the market. If a bond was offered with 1% interest, and next year interest rates go up and a new identical bond is offered for 2% interest, when you sell your old bond you will take a loss, because the market won't want to pay full price for it anymore. Whether you should sell lower-interest rate bonds depends on how you feel about the factors above - do you want junk bonds that have stock-like levels of returns but high risks of default, maturing in 30 years? Or do you want AAA+ Bonds that have essentially 0% returns maturing in 30 days? If you are paying interest on debt, it is quite likely that you could achieve a net income benefit by selling the bonds, and paying off debt [assuming your debt has a higher interest rate than your low-rate bonds]. Paying off debt is sometimes referred to as a 'zero risk return', because essentially there is no real risk that your lender would otherwise go bankrupt. That is, you will owe your bank the car loan until you pay it, and paying it is the only thing you can do to reduce it.  However, some schools of thought suggest that maintaining savings + liquid investments makes sense even if you have some debt, because cash + liquid investments can cover you in some emergencies that credit cards can't help you with. ie: if you lose your job, perhaps your credit could be pulled and you would have nothing except for your liquid savings to tide you over. How much you should save in this way is a matter of opinion, but often repeated numbers are either 3 months or 6 months worth [which is sometimes taken as x months of expenses, and sometimes as x months of after-tax income]. You should look into this issue further; there are many questions on this site that discuss it, I'm sure."}
{"_id": "590370", "title": "", "text": "In six months, there is little you can do that will significantly affect your future credit rating other than trying to avoid paying for something by leaving the country. As we keep telling people, the best things you can do for your credit rating are to have a good income and Don't Be Stupid about misusing credit."}
{"_id": "590375", "title": "", "text": "I suggest you to test AlauxSoft Accounts and Budget. This software is a money-like. There is a freeware and a shareware (24 EUR). You will find its at http://www.alauxsoft.com Best regards, Michel ALAUX."}
{"_id": "590384", "title": "", "text": "\"Short answer: No, not normally. Long Answer:  It depends on the contract.  If the 14% is some sort of special offer, with conditions, then if you violate those conditions, they can jack you up to whatever the 'normal' rate is.  But outside of that condition, I can't see any reason why they would wish to penalize you for making a payment.  You will note that there is no \"\"maximum\"\" payment on the bill. Secondly, even if they do jack up the rate to 28%, you're still better off paying $70 on 3000, than you are paying ~120 on 10k.  Then tell them where to stick their card and get a new one.\""}
{"_id": "590387", "title": "", "text": "If I had a time machine I'd love to take today's McDonald's cheeseburger to one if their original establishments and do a side by side taste test. Hell, I'd just love to know what a McDonald's burger from the 70s was like. The fucking thing HAD to be good."}
{"_id": "590390", "title": "", "text": "\"This change doesn't make a ton of sense to me. Interest is an expense. Expenses are deductible. Yes, there are loopholes, but no matter what happens there will be loopholes. Seems like any easy \"\"no\"\" vote.     Sometimes it worries me that we have financially incompetent people in power.\""}
{"_id": "590400", "title": "", "text": "The shop I interviewed (not really an interview, I just spoke to the guy) has a branch office near where I live and the guys who trade there are industry veterans (bond traders/daytraders/options traders at other firms/etc) and are willing to let me learn from them/guide me as I learn to trade. That's really why I'm doing it, trying to learn as much as I can about different styles of trading. I jsut graduated undergrad so I'm looking to break into prop and learn from the wise and battle tested."}
{"_id": "590426", "title": "", "text": "Okay, since you work hourly there are two substantial changes you can make: 1) Move out of Astoria and closer to Jersey City, such as, to Jersey City. Move out of NYC into Jersey!? Heresy! But that ship sailed when you started working there. 2) Work more hours now that you aren't spending 2 hours and 30 minutes of your life commuting. You can make an extra $125 per day, in theory. Since this is $625 more a week, and $2500 a month, it is a substantial change you can make. Presupposing that your current contract has more hours to work."}
{"_id": "590444", "title": "", "text": "Petro-autocrats have made a lot of promises about social support and economic growth based on high project ed oil prices. If those promises fall through because of price declines, there is going to be a lot of unrest.    Just some figures, Saudi Arabia needs 80$ oil to balance its books but this cost rises to 98$ in 2015 because of promises made during the Arab spring."}
{"_id": "590453", "title": "", "text": "If you're into math, do this thought experiment: Consider the outcome X of a random walk process (a stock doesn't behave this way, but for understanding the question you asked, this is useful): On the first day, X=some integer X1. On each subsequent day, X goes up or down by 1 with probability 1/2. Let's think of buying a call option on X. A European option with a strike price of S that expires on day N, if held until that day and then exercised if profitable, would yield a value Y = min(X[N]-S, 0). This has an expected value E[Y] that you could actually calculate. (should be related to the binomial distribution, but my probability & statistics hat isn't working too well today) The market value V[k] of that option on day #k, where 1 < k < N, should be V[k] = E[Y]|X[k], which you can also actually calculate. On day #N, V[N] = Y. (the value is known) An American option, if held until day #k and then exercised if profitable, would yield a value Y[k] = min(X[k]-S, 0).  For the moment, forget about selling the option on the market. (so, the choices are either exercise it on some day #k, or letting it expire) Let's say it's day k=N-1.  If X[N-1] >= S+1 (in the money), then you have two choices: exercise today, or exercise tomorrow if profitable. The expected value is the same. (Both are equal to X[N-1]-S). So you might as well exercise it and make use of your money elsewhere. If X[N-1] <= S-1 (out of the money), the expected value is 0, whether you exercise today, when you know it's worthless, or if you wait until tomorrow, when the best case is if X[N-1]=S-1 and X[N] goes up to S, so the option is still worthless. But if X[N-1] = S (at the money), here's where it gets interesting. If you exercise today, it's worth 0. If wait until tomorrow, there's a 1/2 chance it's worth 0 (X[N]=S-1), and a 1/2 chance it's worth 1 (X[N]=S+1). Aha! So the expected value is 1/2. Therefore you should wait until tomorrow. Now let's say it's day k=N-2.  Similar situation, but more choices: If X[N-2] >= S+2, you can either sell it today, in which case you know the value = X[N-2]-S, or you can wait until tomorrow, when the expected value is also X[N-2]-S. Again, you might as well exercise it now. If X[N-2] <= S-2, you know the option is worthless. If X[N-2] = S-1, it's worth 0 today, whereas if you wait until tomorrow, it's either worth an expected value of 1/2 if it goes up (X[N-1]=S), or 0 if it goes down, for a net expected value of 1/4, so you should wait. If X[N-2] = S, it's worth 0 today, whereas tomorrow it's either worth an expected value of 1 if it goes up, or 0 if it goes down -> net expected value of 1/2, so you should wait. If X[N-2] = S+1, it's worth 1 today, whereas tomorrow it's either worth an expected value of 2 if it goes up, or 1/2 if it goes down (X[N-1]=S) -> net expected value of 1.25, so you should wait. If it's day k=N-3, and X[N-3] >= S+3 then E[Y] = X[N-3]-S and you should exercise it now; or if X[N-3] <= S-3 then E[Y]=0.  But if X[N-3] = S+2 then there's an expected value E[Y] of (3+1.25)/2 = 2.125 if you wait until tomorrow, vs. exercising it now with a value of 2; if X[N-3] = S+1 then E[Y] = (2+0.5)/2 = 1.25, vs. exercise value of 1; if X[N-3] = S then E[Y] = (1+0.5)/2 = 0.75 vs. exercise value of 0; if X[N-3] = S-1 then E[Y] = (0.5 + 0)/2 = 0.25, vs. exercise value of 0; if X[N-3] = S-2 then E[Y] = (0.25 + 0)/2 = 0.125, vs. exercise value of 0. (In all 5 cases, wait until tomorrow.) You can keep this up; the recursion formula is E[Y]|X[k]=S+d = {(E[Y]|X[k+1]=S+d+1)/2 + (E[Y]|X[k+1]=S+d-1) for N-k > d > -(N-k), when you should wait and see} or {0 for d <= -(N-k), when it doesn't matter and the option is worthless} or {d for d >= N-k, when you should exercise the option now}. The market value of the option on day #k should be the same as the expected value to someone who can either exercise it or wait. It should be possible to show that the expected value of an American option on X is greater than the expected value of a European option on X. The intuitive reason is that if the option is in the money by a large enough amount that it is not possible to be out of the money, the option should be exercised early  (or sold), something a European option doesn't allow, whereas if it is nearly at the money, the option should be held, whereas if it is out of the money by a large enough amount that it is not possible to be in the money, the option is definitely worthless. As far as real securities go, they're not random walks (or at least, the probabilities are time-varying and more complex), but there should be analogous situations. And if there's ever a high probability a stock will go down, it's time to exercise/sell an in-the-money American option, whereas you can't do that with a European option. edit: ...what do you know: the computation I gave above for the random walk isn't too different conceptually from the Binomial options pricing model."}
{"_id": "590489", "title": "", "text": "If you're sinking 1k/year into it, and the value is rising by $100k in 15 years, or $6k/year, you have a fine investment. Ignore the wife, she just wants something even better."}
{"_id": "590497", "title": "", "text": "\"Somebody ELI5 why I should trust a \"\"currency\"\" whose value bounces around on the whims of [tulip-craze](http://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp) fanboys? Especially one that is second only to \"\"the dark web\"\" for rumors of:     1. Money laundering.     2. \"\"Hoarding\"\" of cash.     3. Tax avoidance.\""}
{"_id": "590500", "title": "", "text": "\"Since you mention bounced checks in the beginning of your piece, it's worth mentioning that bounced checks can land you in prison, depending on various circumstances.   In this case, it's because you're committing a fraud, namely offering someone a piece of paper and claiming it's worth $500 or whatever when it's really worthless (because you don't have the funds).  Simply owing a debt is not considered criminal, but proffering payment that is not actually valid is considered defrauding the person you are trying to pay. This check fraud information site discusses the different penalties in each state (as this is primarily covered by laws at the state level).  It is never \"\"until you have repaid the check,\"\" of course; it is in most states a misdemeanor (<= 1 year in jail), though some states do make it a felony for larger amounts or repeat violations.  These penalties are also typically at the judge's discretion, and in many cases you are only fined. Some states have a minimum dollar amount for it to be a criminal offense; most seem to be around $500 or so, though there is quite a lot of variability. Some real world examples of this include former NBA player Antoine Walker and former NFL player Joey Porter.\""}
{"_id": "590517", "title": "", "text": "In such cases, it has a EIN, like any business would. Even absent the rent you suggest, the condo should have reserve funds, similar to an individual's emergency account, only more codified as to level and flows. These funds should be earning interest."}
{"_id": "590520", "title": "", "text": "Buying votes is illegal.  Resources require other resources to acquire. It helps if you properly incentivize people to get them for you, and pay fair market price for the resources upon reciept.  The justice department and congress allow these frivolous lawsuits to take place.  Targetted by anti-trust legistlation. Again, this has more to do with the willingness of the government to follow its own laws.  95% of these issues you've raised are directly related to government corruption and dysfunction. So why the hell do you want to give the government more power to be corrupt and dysfunctional?"}
{"_id": "590523", "title": "", "text": "Lets do the math (assuming a lot of stuff, like your interest rates and that you make the contribution at the beginning of the year, also your tax bracket at the withdrawal time frame.) 1.) Beginning of year 1 Roth Option $5k contribution Non Roth Option $5k contribution 2.) Beginning of year 2 Roth Option $5000 + $150 interest + 5K contribution = $10150 Non Roth Option $5000 + $75 interest + 5K contribution = $10075 3.) End of year 2 Buy a house! yay! Roth Option---before withdrawal account value = 10150+10150*.03=10454.5 after withdrawl (assuming 38% tax on earnings withdrawal (10%penalty + 28% income tax estimate.) = 10327.17 Non Roth Option = 10 226.125 So you are talking about a significant amount of paperwork to either 1.) Net yourself $100 toward the purchase 2.) Cost yourself $226 on the purchase but have $454.50 in your roth ira. I am not sure I would do that, but it might be worth it."}
{"_id": "590535", "title": "", "text": "I just finished a high frequency trading project. Individuals can do it, but you need a lot of capital. You can get a managed server in Times Square for $1500/month, giving you access to 90% of the US exchanges that matter, their data farms are within 3 milliseconds of distance (latency). You can also get more servers in the same building as the exchanges, if you know where to look ;) thats all I can divulge good luck"}
{"_id": "590559", "title": "", "text": "\"It's pretty easy for foreign scammers to get a US phone number or email.   A domestic bank account is a little harder.  Very likely the direct contact  is a US citizen or a legal immigrant.  The Nigerian may be completely made-up to throw you off the scent.  And that person can be found, dunned, or deported, and there's even a small chance of reversing the bank transfers. It's also hard for foreign scammers to sound American on the phone, again suggesting a domestic scam or one with domestic agents.  If you or your son is willing to do a serious amount of skill-building and legwork, you can uncover evidence by filing a lawsuit.  Once you have done so, you can use the legal processes of discovery to force banks etc. to give you information they would never give willingly.  There are countless details.  Lawyers get paid to get the details right.   Suing actual people can backfire, they can countersue.  But since you do not know their real name, you would probably be filing a \"\"John Doe\"\" lawsuit.  \"\"John Doe\"\" is a placeholder: the idea being that you will later, through discovery, uncover the defendants' real names.  For a novice exploring the legal system for the first time, there's a big advantage - John Doe never countersues or quashes, he never gets in your way or wastes your time... heck, he never even shows up in court! And when you collect evidence via discovery, you can take that to law enforcement or immigration.   It goes without sayi-- well, there's no need to go into that.  Just realize you did goof, and make sure you learn the lessons.\""}
{"_id": "590561", "title": "", "text": "1 reason is  Leverage.... If you are buying out of the money options you get much more bang for your buck if the stock moves in your favor.  The flipside is it is much more likely that you would lose all of your investment."}
{"_id": "590565", "title": "", "text": "Increasing demand, the price people are willing to pay, will also increase profits, leading to the virtuous cycle you describe. The government spending tax dollars, also leads to growth.  The 2 sides balance out.  The difference between CEO pay and employee pay is that employees spend their money, while CEOs save money. So by taxing profits, money is put back into the economy."}
{"_id": "590578", "title": "", "text": "The cable companies are not monopolies.  In the broadband market they compete with telcos and in the video market they compete with a telco and two satellite companies and sometimes an over builder.  The caps instituted so far are 250mg, levels that only BitTorrent users break.  This article is ridiculous hyperbole."}
{"_id": "590594", "title": "", "text": "local by me is a market/store that is basically veggies and fruits.  they have some meat, some fish, but people are there for the vegetables and ethnic fruits  I rarely go because I can see from the main road all their parking spaces and hardly ever is there a spot available.  when I do see a parking space, I wheel in and buy like $40 worth, mostly veggies.  high quality, low prices, great variety  point is, people want to pick out there own fresh stuff"}
{"_id": "590610", "title": "", "text": "No.  Because the person deciding this was the way to do things failed to account for the counter pressures, and just forced it down peoples\u2019 throats.  Just like your economic views fail to account for the counter pressures.  What would be counter pressures in these previous situations?  Other economic systems in proximity, social values, economic bullies who have the financial clout to push their way harder, crime that now has an easier avenue of gain, and on and on.  Edit:  Let\u2019s make a point to not forget about entrenched management."}
{"_id": "590614", "title": "", "text": "There are two main factors at play to consider.   Also, realize that no advice is universal. You need to evaluate your exact situation and do what is best for you."}
{"_id": "590617", "title": "", "text": "Lol and a company spending more than they need to on labor is reality? Thanks for pointing me in the right direction. Ill be sure to run all future thoughts I have by you to ensure that fit into your 'reality'."}
{"_id": "590623", "title": "", "text": "I think this varies considerably depending on your situation.  I've heard people say 6 month's living expenses, and I know Suze Orman recommended bumping that to 8 months in our current economy. My husband and I have no children, lots of student loan debts, but we pay off our credit cards in full each month and are working to save up for a house.  We've talked through a few different what-if scenarios.  If one of us were to lose our job, we have savings to cover the difference between our reduced income and paying the bills for 6 or 8 months while the other person regained employment.  If both of us were to lose our jobs simultaneously, our savings wouldn't hold us over for more than 3 or 4 months, but if that were to happen, we would likely take advantage of the opportunity to relocate closer to our families, and possibly even move in to my parent's house for a short time.  With no children and no mortgage, our commitments are few, so I don't feel the need to have a very large emergency cash fund, especially with student loans to pay off. Think through a few scenarios for your life and see what you would need.  Take into consideration expenses to break a rental lease, cell phone contract, or other commitments.  Then, start saving toward your goal. Also see answers to a similar question here."}
{"_id": "590632", "title": "", "text": "\"So here's the sad truth. He might actually be making a return on his investment. Not because it's right or because the system works, but in all these schemes there are a range of people that actually do make money.  In addition to that, there is that fact that he \"\"believes\"\" that he is doing a good thing, and is unwilling to discuss it.  So, if he is making, even a tiny return, and really believes that he is making a large return, or that that large return is just around the bend, your never going to convince him otherwise.  You have two real options; If he will listen, go though and look at money in v.s. money out. If money out is larger then money in, your screwed.  Make sure to point out that he should look at real money in (left a bank account) and real money out (deposited to a bank account). Again be prepared for the fact that he is actually making money. Some people in the pyramid will make money, it's just never as much, or as many people as they make it out to be.  Don't attack the system, attack other aspects. Try and argue liquidity, or FDIC insurance. Again not trying to show why the system is bad, but why a investment in foo instead may be better. If nothing else, go with diversify. Never put all your money in one spot, even if it's a really good spot. At least in that case he will have some money left over in the end. That said, your friend may not go for it. May just put on blinders, and may just stick finger in ears. Move to option two. Respect his wishes, and set boundaries. \"\"Ok, I hear you, you like system X, I won't bring it up again. Do me a favor, don't you bring it up again either. Let's just leave this with religion and politics.\"\" If he continues to bring it up, then when he does, just point out you agreed not to discuss the issue, and if he continues to push it, rethink your friendship. If you both respect one another, you should be able to respect each others' decisions.  If you can't then, sadly, you may need to stop spending time with one another.\""}
{"_id": "590668", "title": "", "text": "In a system where electronic payment is well developed you can consider the following 2 scenarios: Now let us zoom in. Regardless of what costs are actually charged, it should not be hard to see which system is most (real cost) efficient once electronical payments are well developed. And so, the conclusion is not hard to reach:"}
{"_id": "590685", "title": "", "text": "The all time low on the Canadian dollar was 61.79 US cents on Jan 21, 2002.  Yes, it will now cost you about US$1.01 to pay back a Canadian dollar, if when you borrowed you agreed to pay in their currency."}
{"_id": "590690", "title": "", "text": "Well, no, they don't need email per se. But the fact that they don't understand how to use something so simple and so pervasive really might say something about their character and ability: whether they are willing and able to understand how technology effects the battle field."}
{"_id": "590693", "title": "", "text": "The market is simply gapping at these times, some news may have come out that makes the market gap on the open from its previous close. Being FX, the market in one country might be trading and then at the start of the hour trading in a different country may commence, causing a small gap in price. Generally many things could cause the price to gap up or down, and these gaps sometime can occur at the start of a new hour or other timeframe you are using. They do tend to happen more often at the start of a new day's trading on a daily chart, especially with stocks."}
{"_id": "590696", "title": "", "text": "\"I made my statement in reference to another user saying \"\"there is no indication of [uber tracking you pre and post ride]\"\" I said that the uber app having your location when its opened pre-ride as evidence that uber tracks your location post ride and pre ride  You said it's not.  So unless you want me to open up uber to show that it knows my location upon opening without me ordering a ride I'm not sure what you are looking for.   In other words I stated that the sky is blue, you asked me to state why I think the sky is blue.   Your repeated attempts at drawing some grand pedantic argument are intriguing though\""}
{"_id": "590710", "title": "", "text": "A typical HELOC will have about $300 in fees to open it. From there, it's up to you how much or how long to use it.  I'd shop around to find the bank that offers the right product for you."}
{"_id": "590711", "title": "", "text": "\"As Mhoran answered, typical match, but some have no match at all, so not bad.  The loan provision means you can borrow up to $50k or 50% of your balance, whichever is less. 5 year payback for any loan, but a 10 year payback for a home purchase.  I am on the side of \"\"don't do it\"\" but finance is personal, and in some situations it does make sense. The elephant in this room is the expenses within the 401(k). Simply put, a high enough expense will wipe out any benefit from tax deferral. If you are in this situation, I recommend depositing to the match, but not a cent more.  Last, do they offer a Roth 401(k) option? There's a high probability you will never be in as low a tax bracket as the next few years, now's the time to focus on the Roth deposits, if not in the 401(k), then in an IRA.\""}
{"_id": "590728", "title": "", "text": "\"And here we find the antisemitic dickhead.  New order directly from Tel Aviv: \"\"Stop posting your stupidity on the internet. The article was interesting but shut the hell up\"\"  Also gender neutral uniforms are your biggest fear right now? The Jewish world conspiracy has the masterplan to give out these uniforms? I will never understand you guys.\""}
{"_id": "590744", "title": "", "text": "\"This is a classic correlation does not imply causation situation.  There are (at least) three issues at play in this question: If you are swing- or day-trading then the first and second issues can definitely affect your trading.  A higher-price, higher-volume stock will have smaller (percentage) volatility fluctuations within a very small period of time. However, in general, and especially when holding any position for any period of time during which unknowns can become known (such as Netflix's customer-loss announcement) it is a mistake to feel \"\"safe\"\" based on price alone. When considering longer-term investments (even weeks or months), and if you were to compare penny stocks with blue chip stocks, you still might find more \"\"stability\"\" in the higher value stocks.  This is a correlation alone \u2014 in other words, a stable, reliable stock probably has a (relatively) high price but a high price does not mean it's reliable. As Joe said, the stock of any company that is exposed to significant risks can drop (or rise) by large amounts suddenly, and it is common for blue-chip stocks to move significantly in a period of months as changes in the market or the company itself manifest themselves. The last thing to remember when you are looking at raw dollar amounts is to remember to look at shares outstanding.  Netflix has a price of $79 to Ford's $12; yet Ford has a larger market cap because there are nearly 4 billion shares compared to Netflix's 52m.\""}
{"_id": "590755", "title": "", "text": "You can save a bit by getting an interior cabin, but it can be a bit weird to be in a room with NO window and NO natural daylight.  It's strangely really easy to lose all track of time, especially if you don't set an alarm.  We spent very little time in our stateroom outside of sleeping, or changing clothes etc. So IMHO there's no reason to overspend on the stateroom. OTOH, A room along the outside of the ship will cost more, but might be worth the cost difference.  You don't need a full balcony or any of that, however a simple window even if partially occluded by something, really changes the feel of the room and makes it a lot less 'cave' like. JohnFx covered just about everything else I'd have had to say."}
{"_id": "590775", "title": "", "text": "In Australia, any income you earn is taxable despite where it came from. Using your example your taxable income is $70,000. Keep in mind that with a business even as a sole trader any business expenses that contribute to the earning of your business income is deductible, reducing the final amount of tax you'll have to pay.  The ATO website has lots of good information and examples to look at including tax rates.  If your total income is pushing  into a higher tax bracket over 30c tax per $1 earned, it may be worth looking at shifting your business to operate under a company structure that just has a fixed tax rate around 30c per $1.  That said, for me, I don't want the paperwork overhead of a company yet so I'm running my side business as a sole trader too. I'd rather do that and keep it easy for now while my business gets profitable that waste time on admin structures for tax reasons even if in the shortterm it may mean slightly higher tax. In the end, you only pay tax on profit (income minus expenses) as opposed to raw/gross income.  For more info there are good books in the bookshops or local library (to read free) on starting a business on the side while still working. They discuss these issues too."}
{"_id": "590806", "title": "", "text": "I'd like to make two points: To focus on your test case of Japan.  You point out that about a third of them believe they'll work until they die.  That means more than a majority of them believe they'll retire.  In a democracy where a majority of people make decisions it is completely expected that the majority will dictate the policy.  Of course there is fuzziness around that last statement because people who believe they'll retire could very well be of the mindset that they'll handle their retirement savings themselves rather than rely on government.  Similarly some people that expect to work until they die might realize that there's a risk that they won't be able to. To focus on the case of government run pensions.  The pension program that a government runs isn't like a private savings plan where its purpose is to get you a good rate of return.  At best it's an insurance policy; more accurately it's just a tax and you should think of it this way.  The reason you should think of it that way is several fold.  One, if the pension fund is ever short, the government will make up the difference from the general fund.  Two, the government can spend the money from the pension fund on other programs if the law changes which, over the course of a lifetime, is entirely possible.  Three, no one has a legal right to withdraw their contributions directly.  Four, the point of the program is to take care of old people so they aren't starving in the street.  To do this, they take the money of the young and give it to to old people.  The money you pay in doesn't go to investments of any sort, it goes directly to the elderly.  Ultimately this is why you can't opt-out and why you should think of those contributions as a tax and not as savings."}
{"_id": "590811", "title": "", "text": "I'm not certain if you can get a debit card with it, but if you have a PNC in your area, they have a special kind of account designed around teaching financial literacy to children: https://www1.pnc.com/sisforsavings/tour.html . I'm not sure if you can get a debit card for the child or not, but the custodian gets one I believe, and the child gets a special online login to manage the money, so if you don't mind the name issue, it might be worth looking into. If you don't have PNC, maybe one of the banks in your area have a similar program?"}
{"_id": "590813", "title": "", "text": "As I see it, there are 2 potential solutions - Joining with another person or 2, and buying a house with multiple bedrooms. I am in the US, and I've seen immigrants living in tight accommodations that would seem unacceptable to most of us. But, with the combined incomes, they were able to buy the house and quickly pay for it, and then buy another.  $800/mo is about $5/hr. Below US minimum wage. Use your skills to take on additional work on line. A virtual assistant position can increase your income quite a bit.  Keep in mind, as someone on the other side of the world, my advice may not be practical for you, these are just my thoughts."}
{"_id": "590831", "title": "", "text": "\"One must point out: The Fed has never in their history, correctly \"\"expected\"\" any financial crises.  They have been surprised 100% of the time.  They weren't even aware of the biggest financial collapse in US history in 2007-8 before it happened -- when rhe blogosphere and so-called \"\"fringe economists\"\" were warning about it daily.  The fact that Yellen doesn't \"\"expect it\"\" should be assumed at this point. As should its inevitability.\""}
{"_id": "590833", "title": "", "text": "From what I understand (I never had an RESP but would consider one for a future child), with the right type of withdrawal, you can use the RESP money for anything education related. Basically, know that the RESP is considered to have three compartments within it: (1) your contributions, (2) contributions from the government through the Canada Education Savings Grant (CESG), and (3) the return on the investment, or accumulated earnings. The government contributes an extra 20% on top of your contributions annually by way of the CESG, up to a $500 max. Tuition As you noted, official tuition fees, reported on a fee slip, is where one large chunk of the RESP will go. This will be pulled out of your original contributions and is known as a Post-Secondary Education (PSE) Withdrawal. Different RESP administrators (bank, discount brokerage, etc) determine what sort of proof of enrolment would be required, but it ought to be similar between them and different educational institutions. This withdrawal is not taxable by either you or the student, since the contributions were made with after-tax dollars. Educational Assistance Payments (EAPs) EAPs are for other expenses that the student would incur by being at university. In the first 13 weeks of studies, you can request up to $5000 in EAP withdrawals (full-time studies, $2500 for par-time), after which there is no limit. Each EAP payment is made up of the CESG and accumulated earnings portions of the RESP, whose proportions are determined based on the EAP amount. This is considered taxable income for the student, or beneficiary, in the year the EAP withdrawal is made. It gets a bit fuzzy here, from my understanding. The student would ostensibly be able to purchase anything that they could rationalize as education-related, and I'm not sure what sort of proof different banks would need. Maybe just the confirmation of enrolment is enough. This is the part of my post that should directly answer your question which, using this terminology, boils down to what sorts of expenses can I use the EAP withdrawals for? To this, from what I've read out there, I would say that you could probably purchase anything. From the student's point of view, they are enrolled in a qualifying education institution, and if they don't spend the money on education-related purchases, money required for those purchases will have to come from somewhere else anyway.  Other withdrawals Any other type of withdrawal is like walking through a minefield. You can withdraw the original contributions without paying tax on them, but you would need to pay back the corresponding CESG back to the government. Other types of withdrawals would be taxable and may incur a 20% penalty. I don't have any more details on that. As I mentioned, this is from what I've read and looked into for future RESP purposes. A new concept that has popped up is RESP vs TFSA. The TFSA provides the same tax shelter (after-tax dollar contributions, no tax on the gains), but also allows for no tax on the withdrawals. To add to that, the TFSA withdrawals are tax-free as well. The main benefit that the RESP offers that the TFSA doesn't is the CESG. My current opinion (and I could be wrong) is that you should contribute $2500 annually to the RESP in order to get the $500 max CESG, and anything else that you'd like to contribute should go in a TFSA. But I digress. Hopefully my long-winded response makes some sense. Enjoy."}
{"_id": "590836", "title": "", "text": "Did a little bit of digging, and found this article, from Staples High School in Westport, Connecticut.  Hopefully this will be a growing trend.  They say: A personal financial management class will now be offered at the beginning of the upcoming school year (2011-2012). According to the course catalogue, the focus of this course will be using mathematics as a tool in developing financial literacy skills. Topics covered in the course will include: earnings, banking, credit cards, loans, taxes, insurance, investing, loans, budgeting, and buying personal property. \u201cIn a perfect world, everyone would be required to take a personal finance course,\u201d Principal John Dodig said."}
{"_id": "590837", "title": "", "text": "\"It is not allowed to pay refunds to anyone other than the taxpayer. This is due to various tax return fraud schemes that were running around. Banks are required to enforce this. If the direct deposit is denied, a check will be issued. In her name, obviously. What she does with it when she gets it is her business - but I believe that tax refund checks may not be just \"\"endorsed\"\", the bank will likely want to see her when you deposit it to your account, even if it is endorsed. For the same reason.\""}
{"_id": "590840", "title": "", "text": "It is absolutely feasible to move your savings into Canada. There are a few ways you can do it. However it is unlikely you will benefit or avoid risk by doing so. You could directly hold your savings in the CAD. Investing in Canadian bonds achieves a similar goal as holding your money in the CAD. By doing so you will be getting re-payed with CAD. Some Canadian companies also trade on US markets. In addition some brokerage firms allow you to trade on Canadian markets. The problem with any of the options is the assumption that Canadian banks will fare better then US banks. The entire globe is very dependent on each other, especially the more developed nations. If large US banks were to fail it would create a domino effect which would spiral into a global credit crunch. It wouldn't matter if your invested in Canadian companies or US companies they would all suffer as would the global economy. So it would probably be more valid to refer to your question - enter link description here If you are referring to weather the Canadian bonds would be a safer investment over US Treasuries it would all depend on the scenario at hand. Investors would probably flock to both treasuries."}
{"_id": "590862", "title": "", "text": "You're hysterical and I find your mischaracterization of me insulting and intellectually lazy. I fundamentally disagree with your position that more government intervention will do anything but further harm the people you want to help so bad.    I know you're not able to comprehend this, most people with 18+ years of public school education aren't, but there are other decentralized, community driven solutions to these problems. Outsourcing every fucking to the state has demonstrably failed and will continue to fail in spectacular fashion. The problem with people like you is that you believe that, through coercion of the state, you can equalize every outcome. Attempting that you justify ever increasing tyranny until liberty is all but dead.    The long of the short if it is, you can not legislate equality of outcome, even at the margins. The road to hell is paved with socialist good intentions, which history demonstrates if you care to look."}
{"_id": "590874", "title": "", "text": "\"I think \"\"Rich Dad Poor Dad\"\" is a good read for understanding the basics of personal finance in a non-technical format before actually starting investing.\""}
{"_id": "590879", "title": "", "text": "I would go even farther than Victor's answer.  There is little evidence that candlestick patterns and technical analysis in general have any predictive power.   Even if they did in the past, of which there is some evidence, in modern times they are so easy to do on computers that if they worked algorithmic traders would have scanned almost all traded stocks and bought/sold the stock before you even had a chance to look at the graph. While the best technical traders who are very good at quickly using pattern recognition across many indicators as Victor mentioned might be able to add some advantage.  The odds that a pattern so simple to code such as Bullish Engulfing would have predictive power is tiny."}
{"_id": "590902", "title": "", "text": "What you're describing is called timing the market.  That is, if you correctly predict when the market will drop, you can sell before the drop, wait for the drop, then buy after the drop has occurred.  Sell high, buy low. The fundamental problem with that, though, is: What ends up happening, on average, is you end up slightly behind.  There's quite a lot of literature on this; see Betterment's explanation for example.  Forbes (click through ad first) also has a detailed piece on the matter. Now, we're not really talking HFT issues here; and there are some structural things that some argue you can take advantage of (restrictions on some organizational investors, for example, similar to a blackjack dealer who has to hit on 16).  However, everyone else knows about these too - so it's hard to gain much of an edge. Plenty of people say they can time the market right, and even yourself perhaps you timed a particular drop accurately.  This tends to lead to false confidence though; how many drops that you timed badly do you remember? Ultimately, most investors end up slightly down when they attempt to time the market, because of the transaction costs (if you guess two drops, one 'right' and one 'wrong', and they have exactly opposite gains/losses before commissions, you will lose a bit on each due to commission), and because of the overall upward trend in the market (ie, if you picked at random one month a year to be out of the market, you'd lose around 10% annualized gains from doing that; same applies here). All of that aside, there is one major caveat: risk tolerance.  If you are highly risk tolerant, say a 30 year old investing your 401(k), then you should stay in no matter what.  If you're not - say you're 58 and retiring in a few years - then knowledge that there's a higher risk time period coming up might suggest moving to a less risky portfolio, even at the known cost of some gains."}
{"_id": "590917", "title": "", "text": "Well, it's the same fundamental principals as all investing.  Buy low, sell high.  Buy things that will be scarce in the future while they're abundant.   Buy up everything and create artificial scarcity.  It's the same thing that's done with diamonds and was done with oil for quite some time.   Small markets like tickets to a show are just much more vulnerable to being cornered.  How do you legislate against ticket scalpers without turning yourself into a hypocrite?   Obviously you're not going to pull the plug on Wall Street or angel investing or any other investing strategy, and you'd have a hell of a time shutting down DeBeers.  Capitalism isn't perfect if your desire is fairness."}
{"_id": "590929", "title": "", "text": "I have read this at least a dozen times, and watched several documentaries on it, but this is the clearest explanation yet. Thank you.  I had not really considered the possibility that the fed is not the evil monster it's usually frame as before. Now I'm not sure how bad it is due to these conflicting viewpoints. The worst case I have heard against it (repeatedly) is that it's a privately owned corporation. And that it's for-profit. What is that about?"}
{"_id": "590932", "title": "", "text": "I would love a citation. I explicitly stated the one I used, which is the most common. I noticed you dodged the second portion though, and went from 50 chemicals to 30. I suspect a few more replies and it will be down to like 5, counting preservatives also in frozen burgers."}
{"_id": "590937", "title": "", "text": "One of my first assignments in my new job was to prepare a presentation on the growing domestic oil and natural gas industry and I couldn't agree more with some of the assertions listed in FT's article. US production has slowed in the past few years, but seems to be poised for a very healthy comeback.   Maugeri isn't alone in his predictions.  In 2013 and beyond, opportunities in U.S. energy markets look plentiful; Citi and Goldman Sach\u2019s research units are incredibly bullish for U.S. energy output, with Citi projecting the United States to pass Saudi Arabia and Russia in oil and natural gas production by the end of 2013, and Goldman anticipating the same transfer of dominance to occur in 2017. Beyond the United States, Canadian and Mexican output is also booming, leading Citi to call North America \u201cThe New Middle East\u201d."}
{"_id": "590968", "title": "", "text": "I funded about a half dozen loans. All were AA or A rated. All but one paid me. The one who stiffed me wiped out all my profit on the others. I ended up with a tiny negative return."}
{"_id": "590973", "title": "", "text": "\"Jesus Christ, these clowns really are the last to know. The Phillips curve was devoid of logic from the start given that \"\"employment\"\" is not, and has never been a measure of earnings.  Maybe next they'll look at their ridiculous employment metrics, and \"\"discover\"\" what the rest of us unannointed ones have considered obvious for years.\""}
{"_id": "590980", "title": "", "text": "\"When presenting negative P/E values, most brokers and equity analysts show them as \"\"n.m.\"\", which stands for not meaningful. I have never seen a P/E ratio of 0.\""}
{"_id": "590988", "title": "", "text": "Republicans are of the idea that corporate profitability improves the lives of their constituency: If a company can spend less, they will produce a less expensive product, thereby improving consumers lives.  They also believe that if a company improves profitability, this will result in higher workers incomes.  *Don't laugh, now*.  They actually believe this stuff.  That it has been proven wrong over the last 5 decades is beside the point.  Somehow the people who vote for Republican politicians have swallowed enough flavor-aid that they come back to the trough every two years and elect the same klepto's over and over."}
{"_id": "590990", "title": "", "text": "Similar to @SoulsOpenSource's answer, I would suggest Venmo, which works like PayPal but is free for debit-card-to-debit-card transactions. More information here."}
{"_id": "590994", "title": "", "text": "\"First of all, insurance never covers the cost of the item, it is almost always a partial payout at best. For example, a typical house in the Northeast US where I live that costs $300,000 will have the actual house valued at maybe $100,00 and rest of the value will be in the land. Therefore, the insured value will typically be $100,000. The only problem is that to actually rebuild the house might easily cost $250,000. So, your idea that some kinds of insurance allows the beneficiary to recoup their loss is usually never true. As you say, from an actuarial point of view insurance is a sheer waste of money. For example, a typical house has maybe a 0.5% chance of burning down every year. In other words out of 2000 houses, maybe 1 will burn down every year. So, lets say you got $100,000 of insurance on your house. Then the value of that policy would be $100,000 / 2000 = $50 per year. An insurance company will charge around $700 per year for the policy. That means you are basically flushing $650 down the toilet every year to maintain that policy. The reason why they do this is what blankip says above, they are buying \"\"peace of mind\"\", a psychological product. In other they imagine they are somehow safe. So, even though they are losing money, paying it makes them feel as though they are not losing money. It's delusional, but then again most people have a lot of delusions of which insurance is just one of many.\""}
{"_id": "590999", "title": "", "text": "&gt; When that guy says you can go to 30A on a fuse, how do you feel about his opinion as an electrician?  &gt; Still say that non-electrician decisions have zero bearing on how you feel about his abilities as an electrician?  Do you have a friend who's really good at math, but sucks in social situations?  What about a cousin who's really good at interior design but is an awful driver?  If your electrician friend has a long history of giving good electrical advice, both to me and others, then they have a long history of giving good electrical advice.  I wouldn't expect that to change because they gave me bad dinner advice.  Tiel has started multiple multi-billion dollar industries.  He's served on countless boards, and taught business classes at Stanford.  His skills in _business_ have been verified by other entrepreneurs, professors and personal history.  I know people who'd give their left leg to get _business_ advice from him.  He's also known to be a raging asshole.    Not just in voting for Trump, but pretty much everything else.  There's his personal vendetta against Gawker, and how he throws his money around to keep surfers from walking on his beach.  I wouldn't want to grab a beer with the guy, but that doesn't affect his area of expertise."}
{"_id": "591007", "title": "", "text": "The reason is governments print extra money to cause inflation (hopefully reasonable) so that people don't just sit comfortably but do something to make money work. Thus inflation is an artificial measure which leads to money value gradually decreasing and causing people invest money in one way or another to beat inflation or maybe even gain some more money. Printing money is super cheap unlike producing any kind of commodity and that makes money different from commodities - commodities have their inherent value, but money has only nominal value, it's an artificial government-controlled product."}
{"_id": "591031", "title": "", "text": "\"En Cornwall butikken har lagt en t franchise til sitt detaljhandel tilbud.  Butikk Helston, drevet av Chris og Sue Sharrinton, har innf\u00f8rt t for \u00e5 utfylle sin eksisterende vellykkede mat p\u00e5 farten drift og tiltrekke seg en bredere kundebase.  \"\"Vi har v\u00e6rt p\u00e5 utkikk etter en tid til noe nytt og annerledes \u00e5 tilby v\u00e5re mat p\u00e5 farten, og vi valgte t som partner fordi det er s\u00e5 sterkt merkenavn,\"\" sa Chris.  \"\"T har en trendy appell og vil tiltrekke seg yngre kunder til butikken, i tillegg til \u00e5 forbedre v\u00e5r totale tilbudet. Vi har opprettet 300 sq ft plass til t-drift, og fortsatt skal selge v\u00e5r egen popul\u00e6rt utvalg av varm mat, pasties, p\u00f8lse ruller og bacon baps, sammen med kassett sm\u00f8rbr\u00f8d, sikrer at v\u00e5re eksisterende ikke er drastisk redusert.  Chris og Sue jobbet sammen **[Appleby vestover](http://www.swspar.com/) for installasjon av t tilbudet. Appleby vestover ogs\u00e5 jobbet med en annen av sine forhandlere, Julian Holliss n\u00e5r han installert franchise i hans bensin forecourt butikken i Dartmouth.\""}
{"_id": "591068", "title": "", "text": "Oil itself is actually quite nice because you can store it in large quantities cheaply, but it costs a lot to move it and get it out of the ground. Another factor which you pointed out is how you can only get an engine 50% energy efficient, whereas electric motors are far more efficient. The main problem with renewables is that it is hard to store in large quantities, since our batteries aren't that efficient at storing a lot of energy for nighttime/calm days. Nuclear power and a really efficient battery would solve all of our problems, but people are deathly afraid of nuclear.  The main point is that people have been predicting the end of oil for decades, just a matter of time until it's economically viable to stop using it."}
{"_id": "591069", "title": "", "text": "Much of this is incorrect. Aetna owns Payflex for starters, and it's your EMPLOYER who decides which banks and brokers to offer, not Payflex. An HSA is a checking account with an investment account option after a minimum balance is met. A majority of U.S. employers only OFFER an HSA option but don't contribute a penny, so you're lucky you get anything.  The easy solution is just keep the money that is sent to your HSA checking account in your checking account, and once a year roll it over into a different bank's HSA. The vast majority of banks offer HSAs that have no ties to a particular broker (i.e. Citibank, PNC, Chase). I have all my HSA funds in HSA Bank which is online but services lots of employers. Not true that most payroll deductions or employer contributions go to a single HSA custodian (bank).  They might offer a single bank that either contracts with an investment provider or lets you invest anywhere. But most employers making contributions are large or mid-market employers offering multiple banks, and that trend is growing fast because of defined contribution, private exchanges and vendor product redesigns. Basically, nobody likes having a second bank account for their HSA when their home bank offers one."}
{"_id": "591079", "title": "", "text": "Is it just -34*4.58= -$155.72 for CCC and -11*0.41= -$4.51 for DDD? Yes it needs to be recorded as negative because at some point in time, the investor will have to spend money to buy these shares [cover the short sell and return the borrowed shares]. Whether the investor made profit or loss will not be reflected as you are only reflecting the current share inventory."}
{"_id": "591089", "title": "", "text": ".INX (the S&P 500 index itself) does not include reinvested dividens.  You can figure total return by going to Yahoo finance, historical data. Choose the start year, and end year. You should find that data for SPY (going back to 1993) will show an adjusted close, and takes dividends into account. This isn't perfect as SPY has a .09% expense ratio, but it's better than just the S&P index. One of the more popular Dow ETF is DIA, this will let you similarly track the Dow while accounting for dividends."}
{"_id": "591103", "title": "", "text": "\"When using Time Value of Money equations, you need to know when the flow starts. A mortgage for example, has a first payment at the end of the first time period, usually 1 month.  For savings, one can start the account with a deposit of course, or start by saying \"\"I will deposit $XXX at the end of each month.  The answer really depends on the exact details of the situation. In your example, I'm inclined to suggest first flow is 1 year out.\""}
{"_id": "591130", "title": "", "text": "MoneyDance Is the way to go.  I've been using it for years and it works well.  It keeps getting better, and best of all, it's completely cross platform!  Mac, Windows and linux!"}
{"_id": "591133", "title": "", "text": "Personally, I'd like an comparison about the difference between the different 'houses' of Economic theory. Rothbardian Liberterianism, as argued by the Mises Inst, has some fantastic video-lectures, so I've been getting acquainted with them, but I'd like a good overview of the other side of that fence."}
{"_id": "591152", "title": "", "text": "\"&gt; Any additional questions, objections, or \"\"misunderstanding\"\" on your side in regards to this subject?  No, I totally understand.  Everything that President Trump promised you is going to happen.  &gt; I even asks for specifics and you did not (and cannot) name any!  Oh, you got me.  It can't be real if I don't have specifics.  &gt; Hunger will not occur because warmer weather and more rain is just even more food.  We're going to have farming in Phoenix!  &gt; You actually also believe that \"\"Russians!\"\" are responsible for Trump in addition to all the terrible things you believe about Trump.  Yes, it is the Russians who are hacking his teleprompters and Twitter feed.\""}
{"_id": "591157", "title": "", "text": "Sale of a stock creates a capital gain. It can be offset with losses, up to $3000 more than the gains. It can be deferred when held within a retirement account.  When you gift appreciated stock, the basis follows. So when I gifted my daughter's trust shares, there was still tax due upon sale. The kiddy tax helped reduce but not eliminate it. And there was no quotes around ownership. The money is gone, her account is for college.  No 1031 exchange exists for stock."}
{"_id": "591163", "title": "", "text": "Lenders pay attention to where your down payment money comes from. If they see a large transfer of money into your bank account within about a year before your purchase, this WILL cause an issue for you. Down payments are not just there to make the principal smaller; they are primarily used as an underwriting data-point to assess your quality as a borrower. If you take the money as loan, it will count against your credit worthiness. If you take the money as a gift, it will raise some other red flags. All of this is done for a reason: if you can't get a down payment, you are a higher credit risk (poor discipline, lack of consistent income), even if you can (currently) pay the monthly cost of a mortgage.  (PS - The cost of home ownership is much higher than the monthly mortgage payment.) Will all this mean you WON'T get a loan? Of course not. You can almost always get SOME loan. But it will likely be at a higher rate than you otherwise would qualify for if you just waited a little bit and saved money for a down payment.  (Another option: cheaper house.) EDIT: The below comments provide examples where gifts were/are NOT a problem. My experience from buying a house just a few years ago (and my several friends who bought house in the same period, some with family gifts and some without) is that it IS an issue. Your best bet is to TALK, IN PERSON with an actual mortgage broker in your area who can go through the options with you, and the downsides to various approaches."}
{"_id": "591168", "title": "", "text": "\"You have a few options: Option #1 - Leave the money where it is If your balance is over $5k - you should be able to leave the money in your former-employer's 401(k). The money will stay there and continue to be invested in the funds that you elect to invest in. You should at the very least be receiving quarterly statements for the account. Even better - you should have access to some type of an online account where you can transfer your investments, rebalance your account, conform to target, etc. If you do not have online account access than I'm sure you can still transfer investments and make trades via a paper form. Just reach out to the 401(k) TPA or Recordkeeper that administers your plan. Their contact info is on the quarterly statements you should be receiving. Option #2 - Rollover the money into your current employer's 401(k) plan. This is the option that I tend to recommend the most. Roll the money over into your current employer's 401(k) plan - this way all the money is in the same place and is invested in the funds that you elect. Let's say you wanted to transfer your investments to a new fund lineup. Right now - you have to fill out the paperwork or go through the online process twice (for both accounts). Moving the money to your current-employer's plan and having all the money in the same place eliminates this redundancy, and allows you to make one simple transfer of all your assets. Option #3 - Roll the money from your former-employer's plan into an IRA. This is a cool option, because now you have a new IRA with a new set of dollar limits. You can roll the money into a separate IRA - and contribute an additional $5,500 (or $6,500 if you are 50+ years of age). So this is cool because it gives you a chance to save even more for retirement. Many IRA companies give you a \"\"sign on bonus\"\" where if you rollover your former-employers 401(k)...they will give you a bonus (typically a few hundred bucks - but hey its free money!). Other things to note: Take a look at your plan document from your former-employer's 401(k) plan. Take a look at the fees. Compare the fees to your current-employer's plan. There could be a chance that the fees from your former-employer's plan are much higher than your current-employer. So this would just be yet another reason to move the money to your current-employer's plan. Don't forget you most likely have a financial advisor that oversees your current-employer's 401(k) plan. This financial advisor also probably takes fees from your account. So use his services! You are probably already paying for it! Talk to your HR at your employer and ask who the investment advisor is. Call the advisor and set up an appointment to talk about your retirement and financial goals. Ask him for his advice - its always nice talking to someone with experience face to face. Good luck with everything!\""}
{"_id": "591171", "title": "", "text": "Maybe he is dying and his kids have said they don't want to take control. So he negotiates the deal now so he can live out his days and feel comfortable the company who has it will take it in directions he'd prefer it to go. It's Disney so they will stay family friendly vs another company that may have gone R ."}
{"_id": "591174", "title": "", "text": "Hungarian Games provide the best party halls service in the UAE. We provide world class, comprehensive services and perfect for any sort of occasions like large wedding receptions, birthday party, and cheap party halls uae and any other social gathering.  Our best offer exquisite food and beverages as well. You will have to consider some hall that has a party venue plus takes care of the food and all top details."}
{"_id": "591188", "title": "", "text": "Multiple instances of the same item probably aren't counted, so you're thinking too specifically while I am referring to general trends. I would quite comfortably bet that the average person has not purchased more than 1500 unique brands or visited more than 1500 unique domains."}
{"_id": "591194", "title": "", "text": "There are lots of provisos, but in general you are correct. The provisos, off the top of my head: The only fees will be any brokerage fees when you purchase the stock. I haven't seen any handling fees when you get the dividend, but it may depend on how you hold the stock."}
{"_id": "591223", "title": "", "text": "actually I don't mind at all. I am still playing the last word game really. You are the one attempting to make salient points. I made it clear long ago my intention was to make light of this from here on.  How LOW can we go!?"}
{"_id": "591229", "title": "", "text": "I would make a change to the answer from olchauvin: If you buy a call, that's because you expect that the value of call options will go up. So if you still think that options prices will go up, then a sell-off in the stock may be a good point to buy more calls for cheaper. It would be your call at that point (no pun intended). Here is some theory which may help. An options trader in a bank would say that the value of a call option can go up for two reasons: The VIX index is a measure of the levels of implied volatility, so you could intuitively say that when you trade options you are taking a view on two components: the underlying stock, and the level of the VIX index. Importantly, as you get closer to the expiry date this second effect diminishes: big jumps up in the VIX will produce smaller increases in the value of the call option. Taking this point to its limit, at maturity the value of the call option is only dependent on the price of the underlying stock. An options trader would say that the vega of a call option decreases as it gets closer to expiry. A consequence of this is that if pure options traders are naturally less inclined to buy and hold to expiry (because otherwise they would really just be taking a view on the stock price rather than the stock price & the implied volatility surface). Trading options without thinking too much about implied volatities is of course a valid strategy -- maybe you just use them because you will automatically have a mechanism which limits losses on your positions. But I am just trying to give you an impression of the bigger picture."}
{"_id": "591230", "title": "", "text": "No, and using a 37 year old formula in finance that is as simple as: should make it obvious technical analysis is more of a game for retail traders than investment advice. When it comes to currencies, there are a myriad of macroeconomic occurrences that do not follow a predictable timescale. Using indicators like RSI on any time frame will not magically illuminate broad human psychology and give you an edge. It is theoretically possible for a single public stock's price to be driven by a range of technical traders who all buy at RSI 30 and sell at RSI 70, after becoming a favorite stock on social media, but it is infinitely more likely for all market participants to have completely different goals."}
{"_id": "591244", "title": "", "text": "\"Well, the real problem here is that when the government (or really any entity) controls education (especially on a widespread but centralized basis) it means that everyone is trained to think alike.  And as the saying goes: when everyone is thinking the same thing... no one is really thinking at all.  Education is inherently a system of indoctrination (doctrine = \"\"teaching\"\") -- that's really NOT a radical statement, nor is it some \"\"conspiracy theory\"\" -- it's really just tautological, saying the same thing in two different forms (though obviously one seems more ominous than the other).  For example when people talk about the need for kids to be \"\"properly socialized\"\" via attending public schools -- what they are really saying (whether they realize it or not) -- is that they believe ALL children should be \"\"molded\"\" into accepting &amp; regurgitating the *currently dominant* socio-political dogma.  Far from creating critical thinkers, or from promoting \"\"diversity\"\", it really achieves the opposite, facilitating a mindless conformity (which ironically *might* even include a \"\"rebellious\"\" conformity, though it remains a conformity nonetheless) -- what is lost is truly innovative independent minds. *(And the proof of this will be demonstrated by the \"\"herd/hivemind\"\" that will downvote this post.)*\""}
{"_id": "591247", "title": "", "text": "I believe you are missing knowledge of how to conduct a ratio analysis. Understanding liquidity ratios, specifically the quick or acid-test ratio will be of interest and help your understanding. http://www.investopedia.com/terms/a/acidtest.asp Help with conducting a ratio analysis. http://www.demonstratingvalue.org/resources/financial-ratio-analysis Finally, after working through the definitions, this website will be of use. https://www.stock-analysis-on.net/NYSE/Company/Exxon-Mobil-Corp/Ratios/Liquidity"}
{"_id": "591252", "title": "", "text": "I wouldn't think so.  If you read the list of features listed on the page you referred to, notice: Track Stocks It looks like it is restricted to the major U.S. stock markets.  No mention of India's NSE."}
{"_id": "591260", "title": "", "text": "I am sure the foot soldiers are hardworking honest people the problem is as you go up the ranks, it gets dirtier.  Check into how Greece got into the position it is in today. Also look into CDOs and the sub prime collapse and who profited from it. Check out how incestuous the relationship is between top staff at Goldman and financial regulation bodies."}
{"_id": "591274", "title": "", "text": "Q4 earning should be priced in by now, I would be more betting on Amazon making more acquisitions come 2018, which have generally been value adding for them so far. 20% return over the next year is not outlandish."}
{"_id": "591287", "title": "", "text": "The store of our childhood... where you were bored out of your mind because the toy aisle sucked ass and your dad would spend 3 hours looking at grills while your mom looked at washing machines.   At least Blockbuster was fun."}
{"_id": "591301", "title": "", "text": "&gt;apologies if it seemed that way  It didn't, I was only clarifying my intentions. And congratulations on your achievements... it always amazes me that two people can share an idea but one can be so much more passionate about it. I guess I need to focus more on what's important to me!"}
{"_id": "591303", "title": "", "text": "\"are you implying that employees with families, a desire for personal time, any degree of physical/mental ailment, are \"\"bad employees\"\". good AND bad employees are a risk when they are treated poorly with complete disregard.  by enslaving the standard worker to a non-livable wage in which they cannot even afford to take time off you are virtually ensuring that no corresponding value can be added to the system except by those who are well off.   I responded to another post in this thread asking what the minimum wage should cover. and i ask the same to you. what do you believe that index should be. by your logic, even slavery can be considered the index.\""}
{"_id": "591312", "title": "", "text": "\"&gt; AMERICA is growing, Western Europe is stagnant, China and most of East Asia is expanding relatively quickly  So staring into the face of evidence from his own intro context that generally the more active fiscal intervention since the GFC, the better economies have fared, the author proceeds to prognosticate about impending doom for the Chinese if they don't conclusively switch &amp; stick to austerity and ignore growth to focus on hidden inflation monsters. For the US somehow everything comes down to fed monetary policy, despite the fact that 4 years of the fed's alphabet soup programs without any fiscal assistance from congress hasn't kicked the US back into preferred growth and GDP is seeming to slow back down toward recession/stagnation. And finally the eurozone is apparently most plagued by \"\"overblown public debt\"\" and government spending somehow \"\"crowding out\"\" investment that just wishes it had the chance to invest if those pesky profligate politicians would get out of the way, and maybe the countries should fork over their economic sovereignty to the ECB so they can be structurally reformed (bloodletting/grave robbing).  Just my opinion, this whole article seems like shitty oldschool/backward economic views coming out of academic economics, likely angling to be a ['very serious person' in ECB bureaucratic/advisory politics](http://www.geopolitical-info.com/en/expert/professor-enrico-colombatto). The lack of being able to comprehend &amp; adjust to real world results is just sad.\""}
{"_id": "591313", "title": "", "text": "Short Answer: Length of Time invested and risk should be correlated. From what I am hearing this is pretty good game plan for your age.   Minutia: Once you get closer to retirement lets say in 20 years.  You might want to treat two lumps of money with different risk.  For me at 49 I have a lump of money for 55-70 that carries a lot less risk then another lump of money for when I hit 80. This way I can wait and take Social Security at 70 when it pays the most per month.  Then I'll have another pile of money for when my care costs start being very expensive.    Or I think most people would benefit from making sure you have the funds you need for the next 5 years in items with extremely low risk and funds you need 6 years out or more you can have some risk tolerance there. Best laid plans though."}
{"_id": "591318", "title": "", "text": "One reason is wealthy families use this to avoid taxes and gift money without hitting the million dollar life time giving limit. In some states one can even hold an LLC without anyone but the owners attorney knowing who owns the LLC. This is also used by people who want their wealth kept private not just for hiding illicit funds."}
{"_id": "591319", "title": "", "text": "These issues have probably been part of IBM's computing security standards for some time. I'd imagine it just makes news when specific situations such as Dropbox or Siri get called out. Most major companies have similar policies regarding their data. Encrypt your disks. Don't store stuff on non-company servers. Etc."}
{"_id": "591320", "title": "", "text": "Meh, that's good for pain if that works, but that's a relatively small market compared to pharmaceuticals from a business perspective, much lower profit margins because anyone can grow it. It's a highly competitive field, and as soon as it becomes legal federally you know that Altria and other huge corporations are going to be able to sell it and put the small producers out of business.  Many great minds also never did drugs. Again, I'm just going by my experiences, and none of the smart/successful people at my company or in my group of friends smoke pot."}
{"_id": "591323", "title": "", "text": "\"The catch with any exchange service is that you're going to involve some sort of business and they're going to want to get paid for their service. These services all come with their own exchange rates, fees, waiting periods, or requirements to even use said service. Commonly, pros towards one of those comes at the cost of another\u2014 e.g. fast transfers have higher fees or worse exchange rates. Over the past few months I needed a service and ended up using USForex. Since you're going from CAD to USD, you'd likely need to use CanadianForex. Pros:  Cons:  Overall, this option was far better than the $97.00 I was quoted from WesternUnion; or the $25.00-45.00 I was quoted from BMO Harris, which would have required I open a saving account with them. I wasn't provided a clean exchange rate between these two to know how all three compared. The only bit of advice I can say with any service is compare exchange rates. If you're transferring more than a few hundred dollars, the exchange rate can be seen as a \"\"hidden\"\" fee when it's unreasonably low. I'm not affiliated with or accommodated by any of the exchange services mentioned.\""}
{"_id": "591325", "title": "", "text": "I was just wondering if the managers of big index funds use automation to balance the stocks and so on. To me it seems like a ton of work for a human but pretty easy to automate.  sry for my bad english"}
{"_id": "591333", "title": "", "text": "It's up to him to provide for himself. Hiring a hitman(Govt)  to steal for him is not moral. Just because you have modest skills and work full time doesn't mean you are increasing productivity and filling a customer need. That is why it's up to a free and mutual agreement between two people to determine your income. This will grow the pie and increase standard of living for all. Otherwise if we steal from an engineer (who increases productivity) and give it to a modestly skilled full time dog walker (doesn't increase productivity) then people will just walk dogs instead of innovating new things that will increase all of our standard of livings."}
{"_id": "591334", "title": "", "text": "Looks like a hard call if they waived their immunity. However it seems a bad precedent to allow something like that to have effect. Won't a subsequent change of leadership occur with them renouncing the recklessness of the previous leadership?   Then you have a US judge in the middle of this with pictures of kids starving and old people going without medical care. We work hard for the average Joe in other countries to have a good opinion of the US. American servicemen have been in harm's way for this. Why let Wall Street have its way here?"}
{"_id": "591344", "title": "", "text": "Yeah true that. Counseling people to avoid the negatives has been more beneficial in my life than great recommendations. Even one mistake and you're up shit's creek. And I will say I have the knowledge to help people to avoid mistakes, but sometimes it devolves into mud slinging (unfortunately). If this wasn't a new account then it might give you an indication of how I've done this in the past. Most of the time it takes too much explaining to get people up to speed though.  A word to the wise: I'd recommend being open to switching industries. Everyone in finance is pretty toxic and all ended up there because of money. End up chasing the CFA (cancer distilled into three exams), grad school, nonsense corporate jobs, or the dream in high finance/small shops where the founders don't think they need another smart hard-working person. Even if if it's obvious they do.  I remember reaching out and counseling a firm on selling a position that I felt was really stupid. It was not at all in line with their investing objectives and also was one I would never touch. The guy actually agreed with me, didn't hire me (I was after a job), didn't sell the position, and lost them approx. $12 million within 12 months with my math on their 13-F's.  I only reach out to firms I respect, which works out to about 1 firm per 100k people in population from what I've seen (in a city like Pittsburgh this was only 4 shops). That means there are maybe 200 people in the US who would make a hiring decision on me for what I like to do. But I've stopped playing that game.  I now run a healthcare business I started. It was hard as hell to open but I now run circles around people because nobody actually is in the business of the industry. The doctors, nurses, etc. are all extremely bright - just not in my area. Makes for a much more fun workday."}
{"_id": "591345", "title": "", "text": "&gt; It's obvious when a company does this they don't even care how the food tastes, it's just a cynical attempt to save money with the hope that customers are too dumb to taste the difference.   The old [Schlitz beer scenario](http://en.wikipedia.org/wiki/Schlitz_beer#Decline_in_status_and_sale_to_Stroh).  They quickly destroyed a valuable and successful 100+ year-old brand with penny-pinching."}
{"_id": "591357", "title": "", "text": "The LLC is paying you.  It would only be fraudulent if you were trying to move the money out of the LLC to avoid a liability.  I'm pretty sure the transaction will be taxable income for you personally.  Consider consulting with a CPA to ensure that you're doing the proper record keeping and to get advice on the best way to minimize tax burden while achieving your goals."}
{"_id": "591369", "title": "", "text": "This is no big deal, IMO. The only real advantage is that I can think of is that if oil is priced in your currency then you're not subject to foreign currency fluctuations dictating your energy costs.   In the short term USD has been falling. If this trend continues and oil switches to yuan, then our energy will become more expensive."}
{"_id": "591374", "title": "", "text": "I've had a business for 22 years. I've never been approached by the BBB nor do I have a listing with them, which actually means no one has sent in a complaint about us.  I think I'd rather be a business no one complains about."}
{"_id": "591377", "title": "", "text": "\"For the USA part of the equation the \"\"fair market value\"\" is the value at the time you inherited it (time of death), and thus there is no capital gain.\""}
{"_id": "591383", "title": "", "text": "If they're not matching, and their profit-sharing has nothing to do with how much you invest, then I'd say don't bother with the company 401k at all.  If you need to at least have an account open to get the profit sharing, then contribute the bare minimum. Having your retirement account through your company forces you to follow their standards, choose from their funds, use their broker, etc.  It also means that when you leave the company, you either have to move your money anyway, or else have an account through a company you don't work for, which I wouldn't feel all that comfortable doing anyway. If you open a retirement account through your bank or a private financial planner, then it's yours, and you can contribute what you want, when you want, and buy the securities that you want.  Your account executive is there to service you, not your company."}
{"_id": "591385", "title": "", "text": "\"Your employer should send you a statement with this information. If they didn't, you should still be able to find it through E*Trade. Navigate to: Trading & Portfolios>Portfolios. Select the stock plan account. Under \"\"Restricted Stock\"\", you should see a list of your grants. If you click on the grant in question, you should see a breakdown of how many shares were vested and released by date. It will also tell you the cost basis per share and the amount of taxes withheld. You calculate your cost basis by multiplying the number of released shares by the cost basis per share. You can ignore the ordinary income tax and taxes withheld since they will already have been included on your W2 earnings and withholdings. Really all you need to do is report the capital gain or loss from the cost basis (which if you sold right away will be rather small).\""}
{"_id": "591388", "title": "", "text": "Neither. Keep in mind that while you're on a payment plan with the IRS, you pay much lower interest than what you'd pay for a credit card debt. I suggest sticking to your payment plan and paying it off without incurring additional debt or rolling it over to credit cards."}
{"_id": "591394", "title": "", "text": "I thank you for that.  But I respectfully disagree.  If his realm of operations were limited to universities I could possibly agree, which Krugman could surely have done.  But now he is in a much more public position and uses his credibility to try to work changes in attitudes and social structures.  His public credibility is his livelihood."}
{"_id": "591395", "title": "", "text": "Haha the work conditions in NYC sound kind of fun actually, I like all nighters. I work better under stress. ADD is a contributing factor to that, but that's a story for another day folks! But I'm wondering... Does it matter if I get my diploma from Canada and not the US if I go to WS? Will WS HR people look down on a UofT degree? Not everyone has 100k in their bank account!  I'm wondering also what's the HEC Montreal's reputation when it comes to their MFE? Any opinions on that? We here very good things about them in Montreal, but does the reputation transfer elsewhere?"}
{"_id": "591403", "title": "", "text": "Real question: Besides just doing what pharma companies do normally, which is raising prices astronomically for drugs which have no generics available, was he really the bad guy in other terms or did he just come off as a massive dickhead?"}
{"_id": "591408", "title": "", "text": "\"&gt;\"\"One of the biggest lies in capitalism,\"\" says Eliot Spitzer, \"\"is that companies like competition. They don't. Nobody likes competition.\"\"  I am suspicious that Mr. Spitzer produced both the original statement *and* argued against it, because that sounds ridiculous.  \"\"One of the biggest lies in physics,\"\" says wadcann, \"\"is that water flows uphill.  It doesn't.  Water flows downhill.\"\"\""}
{"_id": "591416", "title": "", "text": "\"No functional difference. Only impression/convenience. \"\"Business checks\"\" are checks in larger format (8\"\" instead of the regular 5\"\" checks), they can be from your personal account just as well. I didn't have any problem using the small \"\"individual\"\"-standard checks for my company (I actually did get them for free from Wells Fargo, but that was a gesture, not by policy).\""}
{"_id": "591436", "title": "", "text": "You can purchase stock immediately in the open market on the day of the IPO when market opens. Below link gives you more information. http://finance.zacks.com/buy-ipo-stock-3903.html"}
{"_id": "591454", "title": "", "text": "Is it possible her husband obtained a card from a bank overseas? Unlikely. A Bank overseas generally will not issue such cards. Is that why she can't find it on the credit report? The data sent to Credit Bureau is periodic and not immediate. At times it may take a month or more for a Bank to start reporting the new card to Credit Agencies. If he got the card recently, she has a freeze in effect and no bank can issue a card in her name without her approval. Possibly timing issue. i.e. the freeze was put after card company pulled the report and approved. It may take sometime to dispatch a new card. So it could be that her husband applied for this card previously before the freeze was put in place."}
{"_id": "591461", "title": "", "text": "\"I recommend you take a look at this lecture (really, the whole series is enlightening), from Swenson. He identifies 3 sources of returns: diversification, timing and selection. He appears to discard timing and selection as impossible. A student kinda calls him out on this. Diversification reduces risk, not increase returns. It turns out they did time the market, by shorting .com's before the bubble, and real estate just before the downturn. In 1990, Yale started a \"\"Absolute Return\"\" unit and allocated like 15 percent to it, mostly by selling US equities, that specializes in these sorts of hedging moves. As for why you might employ managers for specific areas, consider that the expense ratio Wall Street charges you or me still represent a very nice salary when applied to the billions in Yale's portfolio. So they hire internally to reduce expenses, and I'm sure they're kept busy. They also need people to sell off assets to maintain ratios, and figuring out which ones to sell might take specialized knowledge. Finally, in some areas, you functionally cannot invest without management. For example, Yale has a substantial allocation in private equity, and by definition that doesn't trade on the open market. The other thing you should consider is that for all its diversification, Yale lost 25 percent of their portfolio in 2009. For a technique that's supposed to reduce volatility, they seem to have a large range of returns over the past five years.\""}
{"_id": "591495", "title": "", "text": "\"Your 401K (and IRA) is a legally distinct entity from yourself. In fact, it is a \"\"trust,\"\" and your Administrator is a \"\"trustee,\"\" while you are both creator and benefactor. This fact, and the 10% early withdrawal penalty, makes it immune from most judgments. The IRS can \"\"levy\"\" your 401K or IRA for back taxes, but must waive the 10% penalty (under the 1997 Tax Reform law). That gives them the power to do what most others can't. A \"\"tricky\"\" banker may persuade you to take money out of your 401K to pay the bank. If you do, s/he has won. But s/he can't go after your 401k.\""}
{"_id": "591512", "title": "", "text": "I think your getting at the fact that 50% of marriages end in divorce, but I don't think that means it's 50/50 for every relationship. I haven't seen the numbers but I'd bet there's trends related to wealth, prior home life, etc."}
{"_id": "591516", "title": "", "text": "I just want to point out a couple of things, and I do not have enough reputation to comment. Saving 50% is totally possible. I know people saving 65%. For more see here EDIT: Let me repeat that 4% it the maximum you can assume if you want to be sure to have at least that return in the long term. It's not the average, it's the minimum, the value you can expect and plan with. Just to reinforce the claim, I can cite Irrational Exuberance of Robert Schiller, who explicitly says, on page 135 of the 2015 edition, that from January 1966 to January 1992 the real annual return was just 4.1%. Sure, this does not matter so much if you are investing all the way through, but it's still a 26 year period."}
{"_id": "591523", "title": "", "text": "\"http://www.darkreading.com/attacks-breaches/the-7-most-significant-government-data-breaches/d/d-id/1327468  \"\"What makes the government breaches more significant though is the kind of information involved. In a majority of cases, government breaches involved personally identifying data, such as names, Social Security numbers, and birthdates, the loss of which have substantially greater consequences for victims than breaches involving loss of credit card data or email account information. In a few cases, the breaches involved loss of top secret and highly confidential data of national security value.\"\"\""}
{"_id": "591529", "title": "", "text": "\"From your description, the taxes may have been withheld incorrectly. You were most likely a nonresident alien during your entire stay. \"\"Teachers and trainees\"\", which include anyone on J status who is not a student, are \"\"exempt individuals\"\" (exempt from the Substantial Presence Test) unless they have already been an exempt individual during any part of 2 of the prior 6 calendar years. So if you haven't been in the U.S. as an F-1, J-1, etc. for at least 6-7 years before you came on J-1 this time, the first two calendar years of your time on J-1 this time does not count towards the Substantial Presence Test. You said you were there for 18 months. That stretches over either 2 or 3 calendar years. The first two calendar years of it would be exempt from the SPT; even if it stretched into a third calendar year, an 18-month period could not stretch for more than 6 months into a 3rd calendar year; so even in that case you would still not meet the Substantial Presence Test for the 3rd year. Since you do not meet the Subtantial Presence Test during any of those years, you were a nonresident alien for all of those years (unless you decided to file jointly with a resident spouse or something). Nonresident aliens on J-1 are exempt from FICA taxes (Social Security tax and Medicare tax) for employment as a researcher that you were authorized to do on your J-1. They should not have withheld FICA taxes from you. You should have informed them at the beginning when you initially noticed that they did, because it is a huge pain to get it back afterwards. For FICA taxes withheld in error, you can first ask the employer to refund them; and, if that fails, get a written statement of their refusal and then file Form 843 and Form 8316 with the IRS. However, given that IRS is very underfunded these days, expect it to take a long time to hear back if you ever hear back.\""}
{"_id": "591534", "title": "", "text": "\"In a way yes but I doubt you'd want that. A \"\"Stop-Limit\"\" order has both stop and limit components to it but I doubt this gives you what you want. In your example, if the stock falls to $1/share then the limit order of $3/share would be triggered but this isn't quite what I'd think you'd want to see. I'd suggest considering having 2 orders: A stop order to limit losses and a limit order to sell that are separate rather than fusing them together that likely isn't going to work.\""}
{"_id": "591546", "title": "", "text": "\"The goal is to understand the movements of the market as a whole and understand the fortunes of every investor in the S&amp;P.  As for why it isn't price-weighted, it is because price is a complely arbitrary notion, whereas market cap is at least \"\"real\"\" in some sense.  Imagine Berkshire Hathaway vs Apple. In the S&amp;P, Apple takes up about 75% more of the index because it's market cap is 796B, compared to 452B for Berkshire. This makes intuitive sense. Apple is \"\"worth\"\" 75% more, so it takes up that much more of the index.  Now lets look at price. In a price weighted index of only those two stocks, Apple, with a stock price of 154.12 would take up .06% compared to Berkshire Hathaway at 99.94% due to its 274,740 stock price. The only difference is Apple has WAY more shares outstanding. Nothing of economic value (other than a bit of liquidity) is captured in a price-weighted index.\""}
{"_id": "591558", "title": "", "text": "Generally, the answer to the availability of holdings of a given mutual fund on a daily basis is no. Thus, an API is non-existent. The reasons for the lack of transparency on a daily basis is that it could/would impact the portfolio managers ability to trade. While this information would not necessarily permit individuals from front running the fund manager's trades, it does give insight in to the market outlook and strategy the fund is employing. The closest you'll be able to get to obtaining a list of holdings is by reading the most recent annual report and the quarterly filings each fund is required to file with the SEC."}
{"_id": "591566", "title": "", "text": "\"Could the individual [directly] use the credit cards for the down-payment? No, not directly. Indirectly, either via Cash Advance or \"\"Balance Transfer\"\" to a bank account with a promotional rate could work, however you may have to show the money sitting in a bank account and ready to go before the loan will be approved, which means the money you took out on the credit cards will show up when they pull your credit (unless you somehow timed it perfectly, and even if you did that you'd be breaking the law by lying on the disclosure statement about your current debts.) If he could, are there any negative consequences from doing so (other than probable high monthly payments on the cards)? Definitely. Let's assume we're talking about the indirect method of cash advance or balance transfer, since that is actually possible. There are 3 things to compare: Final thought: Most of the time the rate you pay on a non-mortgage loan will be higher than that of the mortgage, and furthermore mortgage interest is oftentimes tax deductible, so it would rarely ever make sense to shift would-be mortgage debt into another type of loan, down payment or otherwise.\""}
{"_id": "591584", "title": "", "text": "\"Thats easy:  My direct manager, the Director of IT,  1. Does not micromanage. Meaning he treats me like an adult who knows how to get things done. I never ever feel bad about watching cat videos, browsing reddit, or facebook while at work. He lets me do my thing and in return i actually get things done because i dont feel his hot breath on my neck 2. He totally promotes an atmosphere of open door. I know i can walk up to him and tell him i have a problem with him or another It person just as much as anyone else. If i think he made a bad call on something or something doesnt feel right about policy, equipment, etc he is really understanding and objective 3. He buys everyone beer all the time.  the CEO (who is flipping awesome let me tell you)  1. She has made it her literal (and i mean literal) #1 goal to make our workplace and our employees happy. not just satisfied, but really really truely happy to come to work. I have heard myself more than once mentally saying \"\"yes, i get to go to work today\"\". 2. our core values are foster happiness, Practive wowism, create community, innovate, and growth. She takes every one of them seriously and will bend over backwards to make sure all of them happen. 3. we have a prepaid amazon account that anyone can access with no restrictions specifically for sending clients gift whenever we feel like it. I dont get to do this often as i only work internally, but our receptionists regularly send gifts to people for no reason other than it would make the client happy.  4. our bonuses and incentives kind of kick ass. If we make a certain number of cennections (meaning the receptionists do certain things that earn them points...kinda like the monopoly game at mcdonalds) if we reach certain goals we usually get certain things like a schmorgas board of breakfast cereal and cartoons in the breakroom, or an in house sushi go round, or an ice cream party or a trip to hawaii (we have gotten all of those by the way). 5. when we hire employees we like to hire people who represent the culture that we have. We hire based more on attitude than actual skill (although that factors in too, obviously) so ALL the people I work with are happy, and love to make other people happy.\""}
{"_id": "591604", "title": "", "text": "\"It doesn't matter if you give the check to the dealer or your friend. But under NO circumstances should you co-sign your friend's car loan. Since the money you are giving is a loan, I highly, highly recommend you do the following: Requiring a signed promissory note shows you are serious about getting paid back, and gives you some legal protections if you are not paid back. If you go to a random small claims court on any given day, you will witness at least a few cases where one person says, \"\"it was a gift!\"\" and the other says, \"\"it was a loan!\"\". With a promissory note, it's a loan, period. Prepare not to get paid back, even with the note. It happens all the time. Think about what you will do if your friend misses a payment to you or never repays the loan. Will you forgive or get legal and try to collect? Again, do NOT co-sign the loan.If you do, and your friend does not make car payments, you will be 100% responsible and the lender will take legal action against you to collect.\""}
{"_id": "591608", "title": "", "text": "\"Give the type of books I usually read (science fiction) I don't care about the loss of \"\"independent\"\" book stores or the big box book stores.  Some of the best books I read are by small time authors that probably don't have time to shop their books around or tried and can't get their works published by a big name.  Instead they can sell their books on Amazon for a few bucks.  They get some money, I get something to read, and Amazon gets a cut for bringing us together.  It is fucking fantastic.  If Amazon starts to screw either the reader or the author too much we simply move our business elsewhere.  As a bonus I don't end up with piles of novels that nobody wants.\""}
{"_id": "591616", "title": "", "text": "\"The (U.S) \"\"accredited investor\"\" laws apply to investments in the U.S. Foreign countries may or may not have their own laws regarding investment in startups, and if so, the foreign laws apply. One way around the net worth minimum is to be a member of the management team. \"\"Active\"\" (management) investors don't need to be accredited because they can see what's going on on a day to day basis. The accredited investor laws apply to the target companies, not to the investors. Basically, a start-up company can't take \"\"other people's money\"\" from a non-accredited investor. But you can invest \"\"your own\"\" money in it if you are a manager.\""}
{"_id": "591636", "title": "", "text": "Yes. There are a number of reasons for this, most notably some form of tax credits transfer over from year to year IF you file your taxes, and the CRA will only pay you deductions if all your taxes have been filed. If you don't owe them anything you won't necessarily get in trouble, but don't expect to get any money back from them until you file! Also, while it's probably much too late for this, if you have a partner, you can transfer a certain amount of tax deductions to them, and save them some money. The site is here: http://www.cra-arc.gc.ca/formspubs/t1gnrl/llyrs-eng.html"}
{"_id": "591652", "title": "", "text": "\"**Crippleware**  Crippleware has been defined in realms of both software and hardware. In software, crippleware means that \"\"vital features of the program such as printing or the ability to save files are disabled until the user purchases a registration key\"\". While crippleware allows consumers to see the software before they buy, they are unable to test its complete functionality because of the disabled functions. Hardware crippleware is \"\"a hardware device that has not been designed to its full capability\"\".  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"_id": "591653", "title": "", "text": "I love Toronto too... and I think finance people are mostly the same everywhere, just that there's more room some places than others.  I mean siphoning funds assuming that you're going to be running a HFT shop or prop trading or using models to predict when something is most profitable, which is beneficial to your wallet but not really to society.  What do you hope to be doing as a quant that won't be taking money from people who don't trade as well as you? Like, I replied to belgianroffles, I don't think there's anything ethically wrong with it."}
{"_id": "591694", "title": "", "text": "\"The correct answer to this question is:  the person who the short sells the stock to. Here's why this is the case.  Say we have A, who owns the stock and lends it to B, who then sells it short to C. After this the price drops and B buys the stock back from D and returns it to A. The outcome for A is neutral.  Typically stock that is sold short must be held in a margin account; the broker can borrow the shares from A, collect interest from B, and A has no idea this is going on, because the shares are held in a street name (the brokerage's name) and not A. If A decides during this period to sell, the transaction will occur immediately, and the brokerage must shuffle things around so the shares can be delivered.  If this is going to be difficult then the cost for borrowing shares becomes very high. The outcome for B is obviously a profit: they sold high first and bought (back) low afterwards. This leaves either C or D as having lost this money.  Why isn't it D? One way of looking at this is that the profit to B comes from the difference in the price from selling to C and buying from D.  D is sitting on the low end, and thus is not paying out the profit.  D bought low, compared to C and this did not lose any money, so C is the only remaining choice. Another way of looking at it is that C actually \"\"lost\"\" all the money when purchasing the stock.  After all, all the money went directly from C to B.  In return, C got some stock with the hope that in the future C could sell it for more than was paid for it.  But C literally gave the money to B, so how could anybody else \"\"pay\"\" the loss? Another way of looking at it is that C buys a stock which then decreases in value.  C is thus now sitting on a loss.  The fact that it is currently only a paper loss makes this less obvious; if the stock were to recover to the price C bought at, one might conclude that C did not lose the money to B.  However, in this same scenario, D also makes money that C could have made had C bought at D's price, proving that C really did lose the money to B. The final way of seeing that the answer is C is to consider what happens when somebody sells a stock which they already hold but the price goes up; who did they lose out on the gain to?  The person again is; who bought their stock.  The person would buys the stock is always the person who the gain goes to when the price appreciates, or the loss comes out of if the price falls.\""}
{"_id": "591704", "title": "", "text": "\"simplicity and roi are often at odds. the simplest plan that also supports a reasonable investment return would have 3 accounts: if you want to get better returns on your investments, things can get much more complicated. here are some optional accounts to consider: besides the mechanics of money flowing between accounts, a budget helps you understand and control your spending.  while there are many methods for this (e.g. envelopes of cash, separate accounts for various types of expenses), the simplest might be using mint.com.  just be sure to put all your spending on a credit or debit card, and you can see your spending by category when you log into mint. it can take a bit to get it set up, and your bank needs to be compatible, but it can give you a really good picture of where your money is going.  once you know that, you can start making decisions like \"\"i should spend less on coffee\"\", or \"\"i should go to the zoo more\"\", based on how much things cost vs how much you enjoy them. if you feel like your spending is out of control, then you can set yourself hard limits on certain kinds of spending, but usually just watching and influencing your own choices is enough. notes:  if you have a spouse or partner, you should each maintain your own separate accounts. there are many reasons for this including simplicity and roi, besides the obvious. if you feel you must have a joint account, be sure to clearly define how it should be used (e.g. only for paying the utilities) and funded (x$ per month each). particularly with your house, do not do joint ownership. one of you should be a renter and the other a landlord. some of these statements assume you are in the usa. on a personal note, i have about 20 credit cards, 2 checking accounts, 2 ira's, 2 brokerage accounts, and 3 401k's. but i consider myself a personal finance hobbyist, and spend an absurd amount of time chasing financial deals and tax breaks.\""}
{"_id": "591705", "title": "", "text": "I would focus first on maxing out your RRSPs (or 401k) each year, and once you've done that, try to put another 10% of your income away into unregistered long term growth savings. Let's say you're 30 and you've been doing that since you graduated 7 years ago, and maybe you averaged 8% p.a. return and an average of $50k per year salary (as a round number).  I would say you should have 60k to 120k in straight up investments around age 30.  If that's the case, you're probably well on your way to a very comfortable retirement."}
{"_id": "591709", "title": "", "text": "Many business owners fail to see the relevance of insuring their inventory, supplies, computers, equipment, focusing instead on obtaining health insurance for their employees. Yes, the latter is important, but that doesn\u2019t mean you should neglect property insurance altogether."}
{"_id": "591712", "title": "", "text": "&gt;  low seven hundreds wont even garner a look from any school in the top 20   From my understanding, without a math background already (math major for a double in undergrad) you're expected to have a perfect quant score on the GRE to be competitive in the PhD realm."}
{"_id": "591714", "title": "", "text": "The two factors that will hurt you the most is the age of the credit account, and your available credit to debt ratio.  Removing an older account takes that account out of the equation of calculating your overall credit score, which can hurt significantly, especially if that is the only, or one of just a couple, of open credit lines you have available. Reducing your available credit will make your current debt look bigger than what it was before you closed your account. Going over a certain percentage for your debt to available credit can make you look less favorable to lenders. [As stated above, closing a credit card does remove it from the credit utilization calculation which can raise your debt/credit ratio. It does not, however; affect the average age of credit cards. Even closed accounts stay on your credit report for ten years and are credited toward average age of cards. When the closed credit card falls off your report, only then, will the average age of credit cards be recalculated.] And may I suggest getting your free credit report from https://www.annualcreditreport.com . It's the only place considered 'official' to receive your free annual credit report as told by the FTC. Going to other 3rd party sites to pull your credit report can risk your information being traded or sold. EDIT: To answer your second point, there are numerous factors that banks and creditors will consider depending on the type of card you're applying for. The heavier the personal rewards (cash back, flyer miles, discounts, etc.) the bigger the stipulation. Some factors to consider are your income to debt ratio, income to available credit ratio, number of revolving lines of credit, debt to available credit ratio, available credit to debt ratio, and whether or not you have sufficient equity and/or assets to cover both your debt and available credit. They want to make sure that if you go crazy and max out all of your lines of credit, that you are capable of paying it all back in a sufficient amount of time. In other words, your volatility as a debt-consumer."}
{"_id": "591716", "title": "", "text": "Microsoft is already paying Firefox for distributions (which may explain why Google is cutting them off).  I wonder when Google will pull the plug on Ask.com? Ask is the largest subsidized advertiser on Google by an extremely wide margin. They pay nothing for it... all they do is run AdSense ads and Google takes a cut. Crooked as shit, if you ask me."}
{"_id": "591734", "title": "", "text": "Nope. Not claiming any expertise just common sense. After 2008 when everything crashed I got interested in economic depressions and asset bubbles from a historical perspective. How long they lasted in the past and what I should expect.   Figuring that past experience is a good indicator for the present and the future. Now I keep reading that the recovery is just around the corner! Just be patient, everything will be fine people. No worries. It's different this time.   Oh wait, you took a $500k HELOC because your wages have stagnated for the last 20 years and now you can't afford to pay it. Multiply that story millions of times.   I can't for the life of me understand how banks routinely approved mortgages to people 5 or 10 times their annual income. A neighbor of mine got two mortgages for $1.3 million in 2006 working part time at Home Depot."}
{"_id": "591748", "title": "", "text": "DFW [reports](http://wdfw.wa.gov/ais/salmo_salar/) show 94% of the fish caught have empty stomachs.  While there have been juvenile sightings in rivers, no 'wild' adult Atlantic Salmon have been detected from previous escapes (one was double this escape).  As late as 1981, there were efforts to establish Atlantic Salmon colonies in the Pacific.  Those efforts failed.  So, most likely, it's a temporary thing."}
{"_id": "591757", "title": "", "text": "\"As Dilip has pointed out in the comment, investing in commodities is to either delivery or Buy. Lets say you entered into buying \"\"X\"\" quantities of Soybeans in November, contract is entered into May. In November, if the price is higher than what you purchased for, you can easily sell this, and make money. If in November, the price is lower than your contract price, you have an option to sell it at loss. If you don't want to sell it at loss, you are supposed to take the physical shipment [arrange for your own transport] and store it in warehouse. Although there are companies that will allow you to lease their warehouse, it very soon becomes more loss making proposition. By doing this you can HOLD onto as long as you want [or as long as the good survive and don't rot] It makes sense for a large wholesaler to enter into Buy contracts as he would be like to get known prices for at least half the stock he needs. Similarly large farmers / co-operative societies need to enter into Sell contracts so that they are safeguarded against price fluctuations.\""}
{"_id": "591770", "title": "", "text": "Dr Stephen Augustine New Zealand As a previous coach of a youth rugby team in New Zealand, Dr. Stephen Augustine is all too familiar with the perceived risks and myths that are associated with the sport. The following are a few of the most common myths that Dr. Augustine would like to debunk."}
{"_id": "591772", "title": "", "text": "The problem is that both the H1b and L1 visas have problems and are gamed and this is what is probably causing resentment.  H1b visas have quotas that run out in one day a year, it means for a company to employ someone with skills they need to throw a bunch of them at this yearly crap shoot and hope they manage to win a visa for one of them.  The rest will have to wait another year to try again.  This is not how businesses employ, if they find a highly skilled foreign worker with skills they can't find in the US and are even willing to pay him more than anyone in the US, they can't unless they want to play that yearly gamble.  A highly skilled employee also don't want to sit around waiting for it, so they'll work for someone else.  The L1 visa at least allows large multi national companies to first employ people at one of their foreign offices for a year before carting them over to the US.  It's also good in a way to be able to figure out if the employee is as good as he seems on paper and in interviews, even before he gets to the USA.  This means most of the better skills probably enter the USA this way, which leaves the H1b visas to consultancies who systematically game the system.  They find a lot of young graduate applicants who are willing to wait for the yearly crapshoot and then take all those who win a visa and then employ them and contract them out 'competitively'.  The L1 visa can also be systematically gamed, those who don't win an H1b visa could be working for a foreign office of this consultancy in the meantime and then get a transfer to the USA on an L1 visa.  I think what needs to happen is that the H1b visa bar should be raised, e.g. a minimum salary, and then the quotas should be spread over a year like they do in the UK.  That means companies have more certainty that they can actually bring a skilled worker in, and it would make sure it's a skilled worker and not someone who is just a cheaper worker.  Then that would ideally shift the route for most skilled workers to H1b instead of L1 visas, which means L1 visas can be tightened to make sure they are used appropriately too, for example having to have worked for the company for 2 years instead of one and also a minimum salary."}
{"_id": "591776", "title": "", "text": "Zimbabwe's stock market also did very well until people realised that it wasn't the companies that where doing well, it was inflation pushing the prices up. Chavez has price controls on tons of stuff so it is difficult to see the inflation he's causing, I bet it's the same thing in Venezuela, only on a lesser scale."}
{"_id": "591785", "title": "", "text": "There's no reason for the employer not to deduct the whole amount before you leave. The FSA salary deduction has to be periodical, but it doesn't have to be calculated over a year. It just means that an equal amount will be deducted from your every paycheck, and if the employer (and you) know that your last paycheck is on June 30th even before the year starts - there's nothing to stop the employer from calculating the periodic payments so that it will cover your full FSA amount before you leave. That is, of course, other than mere convenience (it may be easier/cheaper to just give you the extra $1275 than to deal with the special case deduction calculation). This is different from unexpected termination/resignation, where the employer couldn't have made such an assumption and thus the periodic payments were calculated over a year. See pub. 969. The selection is annual - the deductions are periodical."}
{"_id": "591800", "title": "", "text": "I was looking for a Gill Men's OS2 Suit Jacket and Trousers and came across this great website based in the UK who seem to be offering this product at a great price. Definitelely worth a look if you're trying to buy Gill Men's OS2 Suit Jacket and Trousers."}
{"_id": "591809", "title": "", "text": "It is a rather complex system, but here is a rough summary. Interbank tranfers ultimately require a transfer of reserves at the central bank. As a concrete example, the bank of england system is the rtgs. Only the clearing banks and similar (e.g. bacs) have access to rtgs. You can send a chaps payment fairly quickly, but that costs. Chaps immediately triggers an rtgs transfer once the sending bank agrees and so you can be certain that the money is being paid.  Hence its use for large amounts. Bacs also sits on the rtgs but to keep costs down it batches tranfers up. Because we are talking about bank reserve movements, checks have to be in place and that can take time. Furthermore the potential for fraud is higher than chaps since these are aggregrated transactions a layer removed, so a delay reduces the chance of payment failing after apparently being sent. Faster payments is a new product by bacs that speeds up the bacs process by doing a number of transfers per day. Hence the two hour clearing. For safety it can only be used for up to 10k. Second tier banks will hold accounts with clearing banks so they are another step down. Foreign currency transfers require the foreign Central Bank reserve somewhere, and so must be mediated by at least one clearing bank in that country. Different countries are at different stages in their technology.  Uk clearing is 2h standard now but US is a little behind I believe.  Much of Europe is speeding up. Rather like bitcoin clearing, you have a choice between speed and safety. If you wait you are more certain the transaction is sound and have more time to bust the transfer."}
{"_id": "591812", "title": "", "text": "If you personally make any money from it then you need a Series 65, or a Series 63 license. It is a private industry/SEC regulation. The license itself basically spells out your duties and ethical standards for you."}
{"_id": "591825", "title": "", "text": "They've had a lot of growth, but the price levels in the stock market, real estate market, etc. are pretty questionable and doubtlessly over inflated. They're essentially propped up on the belief that the central government will bailout the necessary parties before any sort of crash.  I think the numbers this year are particularly suspect due to Xi's new array of policies. He seems to be rather unpopular right now, so he'll be wanting to use any good news to his advantage, and fabricate good news if there isn't any."}
{"_id": "591829", "title": "", "text": "&gt; Yes, why continue to perpetuate the cycle?  I think that is what you are proposing.  If they are a product of society then they are the symptom.  If you kick them out but leave the underlying problems untouched the symptoms will return.  One last question if you don't mind /u/Fire_balls_: Do you think life is generally fair?"}
{"_id": "591843", "title": "", "text": "An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans Apple Valley CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Get Auto Car Title Loans Apple Valley CA 17868 US Highway 18 # 409, Apple Valley, CA 92307 760-493-2444 autoloans781@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-apple-valley-ca/"}
{"_id": "591846", "title": "", "text": "In the tech hubs of the country (SF, Seattle, NY, Boston, etc) there usually meetups or talks that deal with how to properly do a startup.    There are programs you can apply to that will help you learn the ropes of that world once you have a bit of work done on your own. (YCombinator is the famous one)  If you aren't in those areas, it'll be much tougher.  Even the best unicorn idea won't go anywhere without the right people to do it.  Those people are in those areas.  It's part of the reason they are tech hubs.  People with ideas are in college, and then either finish or leave college to work on this idea.  They don't want to move far, so they stick around that college. (SF = Stanford, Seattle = UW, Boston = MIT, NY = Columbia).  As some of these blow up, they get attention from other people in the country that want to either join in, or do something similar so they move to that area to be around those people.  The positive feedback loop then keeps growing."}
{"_id": "591878", "title": "", "text": "There are well established recruiting paths into the big bulge bracket banks. They recruit heavily from target schools, both undergrad and MBA. You don't just career switch into a front office role.  If you want to become a banker, you would typically enter as an Analyst, with a two or three year stint directly out of undergrad. You would have needed to get top grades from a target school and be successfully chosen from a very, very competitive recruiting pool.  If you already graduated, you will need a few years at a top firm, score 700+ on the gmat, get into a top bschool, deal with similar recruiting situations, and then enter as an Associate from your target MBA.   Competition is so tight I see CFA on everyone's resume. Lots of MBAs.   source: i work at a BB in NYC"}
{"_id": "591879", "title": "", "text": "I would say it really depends on where you are applying.   Almost all the candidates that we get directly from school are either CFA level I candidates or have passed it already. It has become ubiquitous enough to not be note worthy for us (can't speak for other places). However, if you don't have anything else going on atm then definitely take the exam.  I would also say that you should pick/hone your programming skills revise your textbooks. I can't believe the number of MFE graduates who don't know what risk-neutral pricing means."}
{"_id": "591885", "title": "", "text": "a 60k pay raise is totally possible (depending on too many factors to list (ok, fine I'm generalizing)) coming from TX to San Jose. the difference in raw pay numbers makes it emotionally hard to make rational comparisons. I once baked at a job on the east coast early I'm my career before I understood how to compare reasonably.  anecdotal evidence shows it's possible because a machinist friend is moving here from Austin because he can make much more money. of course that's just an example."}
{"_id": "591888", "title": "", "text": "Remember the days when video games first gained popularity? Parents tried in vain to curb the enthusiasm of kids towards it. These video games were seen as a worthless, mindless entertainment. Now the scenario has reversed. Parents are encouraging their children to join Game design programs . This is due to various studies which concluded that children who play video games have better social skills, greater intellect and more. Click here for more details: https://gamedesignsummitforkids.wordpress.com/2017/07/26/game-design-information-beyond-traditional-classrooms/"}
{"_id": "591893", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-oil-idUSKBN19B01W?il=0) reduced by 76%. (I'm a bot) ***** &gt; TOKYO Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices.  &gt; Libya&amp;#039;s oil production has risen more than 50,000 bpd after the state oil company settled a dispute with Germany&amp;#039;s Wintershall, a Libyan source told Reuters.  &gt; The oil market is heading in the right direction but still needs time to rebalance, al-Falih told the London-based newspaper Asharq al-Awsat.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6iblm4/oil_prices_hold_near_sevenmonth_lows_glut_keeps/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~148255 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Oil**^#1 **cut**^#2 **cent**^#3 **barrel**^#4 **OPEC**^#5\""}
{"_id": "591909", "title": "", "text": "As stated in the comments, Index Funds are the way to go. Stocks have the best return on investment, if you can stomach the volatility, and the diversification index funds bring you is unbeatable, while keeping costs low.  You don't need an Individual Savings Account (UK), 401(k) (US) or similar, though they would be helpful to boost investment performance. These are tax advantaged accounts; without them you will have to pay taxes on your investment gains. However, there's still a lot to gain from investing, specially if the alternative is to place them in the vault or similar. Bear in mind that inflation makes your money shrink in real terms. Even a small interest is better than no interest.  By best I mean that is safe (regulated by the financial authorities, so your money is safe and insured up to a certain amount) and has reasonable fees (keeping costs low is a must in any scenario).  The two main concerns when designing your portfolio are diversification and low TER (Total Expense Ratio). As when we chose broker, our concern is to be as safe as we possibly can (diversification helps with this) and to keep costs at the bare minimum.  Some issues might restrict your election or make others seem better. Depending on the country you live and the one of the fund, you might have to pay more taxes on gains/dividends. e.g. The US keeps some of them if your country doesn't have a special treaty with them. Look for W-8Ben and tax withholding for more information.  Vanguard and Blackrock offer nice index funds. Morningstar might be a good place for gathering information. Don't trust blindly the 'rating'. Some values are 'not rated' and kick ass the 4 star ones. Again: seek low TER. Not a big fan of this point, but I'm bound to mention it. It can be actually helpful for sorting out tax related issues, which might decide the kind of index fund you pick, and if you find this topic somewhat daunting. You start with a good chunk of money, so it might make even more sense in your scenario to hire someone knowledgeable and trustworthy. I hope this helps to get you started. Best of luck."}
{"_id": "591940", "title": "", "text": "\"I'm thinking about visiting the UK and I'm wondering which things are affected by the VAT and which are not. Most consumer goods are subject to VAT at the standard rate. Most food sold in shops is zero-rated, with the exception of a handful of luxury foods. Food in cafes/restaurants and some takeaway food is subject to VAT at the standard rate. Most paper books are zero rated (IIRC books that come with CDs are an exception).  Some services are exempt, insurance is a notable one, so are some transactions with charities. Some small buisnesses and sole traders may not be VAT registered in which case there is no VAT for you to pay (but they can't reclaim VAT on the goods and services they buy). (there is a distinction between zero-rated and exempt but it's not relavent to you as a customer). Some goods have special rules, notably second hand goods.  Prices are normally given inclusive of VAT. The exception to this is suppliers who mostly deal in business to business transactions. Also as a non-UK resident is there a way to get a rebate/reimbursement on this tax? There is something called the \"\"retail export scheme\"\" which can get you a refund but there are a number of catches.\""}
{"_id": "591950", "title": "", "text": "I am confused as to what the author was talking about when speaking about the lack of features and research tools for stocks and how that is such a huge negative of Robinhood.  If anything, I want a cheap, simple platform to efficiently trade. I might as well save a few bucks on commission, right? I can do my research online and through SEC filings, I don't need e-trade to tell me what stocks to buy, I decide.   Whether I buy Cisco stock through TD Ameritrade's phone system for $45 per transaction or for free through Robinhood I'm still owning the same stock, the same company, at the same price probably within fractions of a penny per share.   I get what the author is saying though about the general aurora of the app that is encouraging for people to invest who should not be investing.   Maybe I don't see the problem with it because I like to think that I know what I am doing and don't just treat it like gambling."}
{"_id": "591964", "title": "", "text": "Think about it... If the government has the money why would the government need more money to cover the tax on the money that the government already has?  Couldn't the government just withhold 109,500 from the 1,900,000 it's holding already?"}
{"_id": "591967", "title": "", "text": "But the notes are always called at par, no? So you have a fixed yield which depends on the coupon and price you bought it at. I still don't see how the company doing better than expected changes the yield on your investment."}
{"_id": "591992", "title": "", "text": "\"&gt; Why the shift toward plant-based eating? Cutting back on meat consumption is [better for our health](http://www.triplepundit.com/2016/01/not-eating-meat-new-years-resolution/). Generally, eating less or no meat [reduces your risk](http://www.mayoclinic.org/healthy-lifestyle/nutrition-and-healthy-eating/in-depth/meatless-meals/art-20048193) of coronary heart disease, Type 2 diabetes, and some forms of cancer.  The \"\"better for your health\"\" link leads to another article which in turn cites [this Harvard page](https://www.hsph.harvard.edu/nutritionsource/what-should-you-eat/protein/) which in turn cites three observational studies. It might be worth noting that in general these types of studies come to the wrong conclusions about 80% of the time ([Ioannidis, 2005](http://www.ncbi.nlm.nih.gov/pubmed/16060722/)). The \"\"reduces your risk\"\" link is just a Mayo Clinic article on recommended intakes with no linked studies.  The assumption here is that eating less meat will improve health because the *correlation* seen in these observational studies and e.g cancer, diabetes, heart disease, etc.  But what does studies in vegetarians tell us? If just reducing meat consumption has a ~20% reduction in relative risk then not eating meat at all should have an greater effect. But we don't see that, studies show no effect on overall mortality in non-SDA vegetarians:  [Figure 2 mortality](http://imgur.com/WgSrBJa)  *Kwok CS, et. al,* [\"\"Vegetarian diet, Seventh Day Adventists and risk of cardiovascular mortality: a systematic review and meta-analysis\"\"](http://www.ncbi.nlm.nih.gov/pubmed/25149402) *Int J Cardiol. 2014 Oct 20;176(3):680-6. doi: 10.1016/j.ijcard.2014.07.080. Epub 2014 Aug 4.*  What these observational studies in the general population show is other factors, e.g the healthy adhere bias where people who eat less meat tend to be healthier, and not that meat is inherently unhealthy.  &gt; While Google is focused on improving employee health, serving less meat is also part of its initiative to reduce its carbon footprint. Significantly more water and other resources are required to raise and slaughter animals than to grow fruits, vegetables, legumes, and grains. According to a study published in the journal [Climatic Change](https://link.springer.com/article/10.1007%2Fs10584-014-1169-1), a plant-based diet has a significantly lighter carbon footprint than a meat-heavy diet.  These diets also reduce overall protein consumption, when you compared equal protein intakes, factor digestibility, and amino acid content, the differences in emissions are trivial ([longer post](https://www.reddit.com/r/environment/comments/4qs4eg/meat_is_horrible_it_may_be_delicious_but_the/d4wd70e/)). Water use isn't that different either ([short post](https://www.reddit.com/r/Documentaries/comments/558vdq/trailer_before_the_flood_2016_documentary_movie/d89jxdy/))  Looking at the big picture shows that meat shouldn't be the focus. In the US *all* agriculture, including crops grown for human consumption, is just 8.1% of emissions:  *In 2012, emission sources accounted for in the Agricultural chapters were responsible for 8.1 percent of total U.S. greenhouse gas emissions.*  *Environmental Protection Agency*, [\"\"Sources of Greenhouse Gas Emissions, Agriculture\"\"](http://www.epa.gov/climatechange/Downloads/ghgemissions/US-GHG-Inventory-2014-Chapter-6-Agriculture.pdf).  The 2015 draft also shows that this is declining, as a percentage, to 7.6% ([chapter 5](http://www.epa.gov/climatechange/pdfs/usinventoryreport/US-GHG-Inventory-2015-Chapter-5-Agriculture.pdf)).  Meanwhile we have 31% from electricity and another 27% from transportation:  [Sector emission chart](http://imgur.com/r9qavFg)  *EPA,* [\"\"Sources of Greenhouse Gas Emissions\"\"](http://www3.epa.gov/climatechange/ghgemissions/sources.html).  Switching to clean energy, solar/wind/nuclear, and moving to alternative fuels would make a huge impact and address the actual problem far more efficiently. Blaming meat is just a [red herring](https://en.wikipedia.org/wiki/Red_herring) pushed by groups with other motivations than climate change.\""}
{"_id": "591995", "title": "", "text": "I was offered a student credit card and refused it. If I'd taken it and used it sparingly, paying off the balance on time in full every month, I'd have built up a better credit rating in the time period."}
{"_id": "592000", "title": "", "text": "\"Organic pesticides, herbicides, and fertilizers are often just as dangerous as their inorganic counterparts.  Some organic farms operate with only safe practices, but unless you're buying directly from a farm you know, there is no way to be sure. Before you even get to the \"\"organic is better for you\"\" argument, you have to get past \"\"what kind of organic is this\"\". The label alone doesn't mean much as far as safety or being \"\"pasture raised\"\".\""}
{"_id": "592002", "title": "", "text": "This same problem existed when the first gas powered cars began popping up. The problem your pointing out will get resolved as demand grows. It will actually be quite a business opportunity for some.  It will surely deter some, like yourself, from being early adopters, but these things always work themselves out."}
{"_id": "592004", "title": "", "text": "EVs aren't perfect yet. The internal combustion engine has had 100 years of fine-tuning.   There are more than enough EV early adopters to satisfy supply. If you're sensitive to the current EV limitations, simply wait. Somebody will love taking your place in the queue."}
{"_id": "592032", "title": "", "text": "Direct answers to your questions: contribute 6%, and put it in the Target Date Fund (probably Target Date Fund 2050)."}
{"_id": "592054", "title": "", "text": "As an actuary (health, not pensions), this is what we do.  We spend years(5+) taking exams and learning about the best and proper ways to predict liabilities, probabilities, and other statistics that we use to forecast cost and return in the future.  I am in health, not pensions, but I would check out [Actuarial Outpost](http://www.actuarialoutpost.com/actuarial_discussion_forum/forumdisplay.php?f=15) and /r/actuary. The subreddit tends to be a younger (see student) crowd but there may be someone who can better answer your question."}
{"_id": "592067", "title": "", "text": "\"Getting someone else to save for you with their ISA allowance has some quite significant disadvantages: You'll be using up their ISA allowance, so they won't be able to make their own tax-free savings. Perhaps you know someone who doesn't want to use it anyway and is happy to do this, but most people probably don't. You are essentially handing them the money and relying on them to voluntarily give it back to you when the time comes. Even if you trust them to do this, if they have financial problems in the meantime then their creditors would be able to go after the money in the ISA, and would have an equal or better claim to it that you would. When the money is returned to you, you would become liable to tax on the interest anyway. From the perspective of your own tax situation, it's extra income to you that wasn't protected by any ISA allowance of yours. While in practice you might be able to get away with not declaring it to anyway and not be detected, it would still be illegal tax evasion and thus rather risky. So overall it's not really a very effective \"\"bypass\"\" for whatever restriction a bank wants to impose on your ISA holdings.\""}
{"_id": "592071", "title": "", "text": "=;-) i do see your point.  however may i direct your attention to how much smarmy spam shows up in this sub?  not criticizing you, or the mods, or the sub itself. but people blatantly spam this place, and so ham-handedly its insulting to the intelligence of the reader  on the front page of this sub right now are:  https://redd.it/6m0yq6  https://redd.it/6lzxg6  both are submitted by users with the same handle as the domains they point to  so Tuk Tuk is a breath of fresh air, to my perception  i was going to recommend he post to /r/holiday_in_cambodia/ but, yikes, its set to private.  Private Holiday In Cambodia, yeah i wonder whats up with that   =:-("}
{"_id": "592080", "title": "", "text": "&gt; Still following me from sub to sub I see.  Not following you - just commenting on a bad post. Don't flatter yourself.   I noticed you didn't reply to any of the findings of fact. Does that mean you accept the evidence presented?"}
{"_id": "592094", "title": "", "text": "Not for normal banking. You can open as many accounts as you want. I did this recently with some Amazon gift card churning for a Chase cash bonus.      Staying a long time may have their credit department reach out and offer you a long time customer discount. But no one is saying you have to close one account to open another."}
{"_id": "592108", "title": "", "text": "\"On the bright side, I love your username...  unfortunately, I'm at odds with just about everything else in your post.   &gt; Many of the people who under-estimate TV do not realize the amount of money, talent, research, staff and infrastructure needed to produce top-level high-quality shows and programming.  &gt;It is easy to stream a TV show or movie AFTER it's been already produced and broadcast, but do you really think the internet will give us a Mad Men, LOST, Walking Dead, Game of Thrones? I highly doubt it, and that's a big reason why TV is here to stay.  These production costs do not have to be incurred by traditional TV companies. Anyone with comparable revenue streams can concievably hire talent and produce content, regardless of how it is distributed.    &gt;What makes Netflix/Hulu any more right than a Viacom or Comcast? You seem to think a future of Netflix and iTunes is utopia, when in reality it would be an oppressive dystopian closed system with NO competition. At least with TV and Cable, you have networks actively competing with each other- they are literally tripping over themselves working as hard as they can to PLEASE you- the audience.  I don't think the argument is that Netflix/iTunes is utopia, and have never heard anyone claim that (here or elsewhere). The internet makes for far **more** competition for content, as anyone with a youtube account can reach millions of viewers. Instead of paying for access to specific channels, the user gains access to **all** content on the internet - created by dedicated content providers, as well as all other users, all competing for viewers.  &gt;You talk about how a future without TV is a good thing, but you fail to realize that it would actually be a bad thing for American culture.   ... ?   &gt;People seem to think that sitting in front of the 20inch computer monitors at a table for one is preferable to a 50 inch LCD screen with dolby surround in the den. I am not surprised because the internet is comprised of people who mainly dwell on the internet, where people who watch TV are probably watching TV right now.    While people may 'seem to think' this, anyone who does think this doesn't know much about the technology they're using. You can access the internet on many devices with almost any imaginable screens size (including mobile devices, 20\"\" monitors and the 50\"\" LCD in your den) a number of different ways.    &gt;On top of that, many people would lose their jobs. Just because Apple or Netflix can distribute shows and movies cheap does not mean that many thousands of people should lose their jobs .   In a capitalist economy (or to remain competitive globally), this is almost exactly what it means. Are you suggesting we hire miners to dig through mountains because dynamite steals jobs ?   &gt;(especially if the majority of America still prefers to watch programming on their TV's and not locked in their room on a small computer screen with the tinny-sounding computer speakers).  Already explained this one to you. Not an issue.  &gt;This is one of the reasons why we're having an unemployment problem, because these jobs are disappearing by the cold mechanical algorithms of a computer program. Think of the many thousands of jobs that have been lost in the music industry, don't you think college kids would have loved to start their careers at a record label promoting music and encouraging growth? Instead we have MP3's and instant gratification, music is arguably dead (read: 90's music).  Another misconception you seem to have of why jobs exist, or should exist. People wanting a certain job is not a reason for the job to exist.  &gt;And if we think a future without TV is utopia, then I have some bad news for you, it isn't. TV is American, we do it best and we should NOT be turning our backs on it. Once we do that, we lose our culture.   If American culture is solely based on outdated distribution technology, then the loss is no great one.  &gt;Who do you think will own the internet in 50 years? I can tell you it won't be the US of A. Think very carefully and be careful what you wish for...  Own the internet ? I don't care about the nationality of the owners, but I can assure you that no single entity will 'own the internet'.   I really think you misunderstand the fundamental ideas behind the debate. Your biggest argument is that people prefer to watch their programming on traditional, large TVs... many different technologies exist to enjoy the internet on this same piece of hardware.  You have not made a single compelling argument here, but I felt I should break it down point by point, because you do seem interested in thinking critically about the topic, just slightly misinformed.   EDIT: multi line quote formatting\""}
{"_id": "592111", "title": "", "text": "\"Money in your NRE/NRO account is your property and moving it to the U.K. is not a taxable event in the U.K. or in India. Extra paperwork is needed for transfer from an NRO account to prove that you have indeed paid taxes (or had taxes withheld) on the money in the NRO account to the Indian Government. Search this site for \"\"15CB\"\" and \"\"15CA\"\" for details.\""}
{"_id": "592117", "title": "", "text": "In Maryland, a landlord must hold your security deposit in an escrow account and pay you interest when returning the deposit.  The interest is simple interest; it does not compound. The interest rate that they must pay has changed over the last 43 years.  Before October 1, 2004, the rate was 4%.  Until January 1, 2015, the rate was 3%.  Currently, the rate is 1.5% OR the simple interest rate accrued at the daily U.S. Treasury yield curve rate for one year, as of the first business day of each year, whichever is greater.  (This year, the rate is 1.5%.)  Maryland's Department of Housing and Community Development has a Security Deposit Calculator for easy calculation of this interest; however, it only works for deposits since January 1, 2015. It is unclear to me whether the interest rate in effect is the one that was in place when the security deposit was made, or if the rate changes over the years.   At most, if you get 4% interest every year, I would expect you to receive $429.76, which is $158 + ($158 * 4% * 43).  The interest is accrued every 6 months, so you would not get any interest for the 3 months that you rented in your 44th year. (With the new law that took effect this year, interest is accrued monthly.) At least, if the interest rate changes with the new laws, I would expect you to receive $413.18, which is $158 + ($158 * 4% * 32.5) + ($158 * 3% * 10.25) + ($158 * 1.5% * 0.5). Some text on the Security Deposit Calculator suggests that the laws for Prince George's County are different than the rest of the state.  If you are in that county, you'll need to check the local ordinances to see what security deposit policies apply."}
{"_id": "592124", "title": "", "text": "Of course handing your passport to an employer is pretty silly.  However, maybe these employees volunteering for an RFID implant just want a useful piece of technology for free.  There's a lot of misunderstanding and paranoia surrounding these implants, none of it is justified.  I don't think the idea of offering this for free to your employees is a stupid idea, the improvements to security and the reduced amount of hassle associated with lost ID cards would make it worthwhile."}
{"_id": "592127", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.marketwatch.com/story/amazons-moat-just-got-wider-and-thats-great-for-its-investors-2017-06-16?link=sfmw_tw) reduced by 91%. (I'm a bot) ***** &gt; After Amazon.com Inc. AMZN, +2.44% announced it would purchase Whole Foods Market Inc. WFM, +29.10% for $13.7 billion, the only thing unrealistic about this notion is that anyone other than Amazon will be victorious.  &gt; Yes, there was a noteworthy Amazon dig made by President Donald Trump right around Election Day, but many politicos wrote that off simply as more ire over the media, as Jeff Bezos owns the Washington Post as well as Amazon, and the paper has hardly been friendly to Trump.  &gt; The more I think about Amazon&amp;#039;s purchase, the more it&amp;#039;s apparent that Amazon itself is the Big Guy.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hyfnn/amazons_moat_just_got_wider_and_thats_great_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147067 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Amazon**^#1 **more**^#2 **Inc.**^#3 **retail**^#4 **consumer**^#5\""}
{"_id": "592133", "title": "", "text": "\"As a general proposition, no, you do not need to report money transfers into the US.  If a transaction exceeds $10,000 then the bank must report it anyway.  Note that \"\"structuring\"\" your transactions to avoid a $10,000 deposit is illegal, so be careful if you are moving lots of money. As a general rule, no, transferring your own individual money from a foreign account to a US account does not incur taxes. Only lawyers are authorized to practice law in the US.  They should generally be bar licensed in the state of practice.  Certified public accountants can assist you with tax preparation and return positions, though tax lawyers may be necessary for some situations or for formal tax opinions.  Be sure to use an experienced advisor to file your tax returns and information reporting.\""}
{"_id": "592135", "title": "", "text": "The government should worry less about raising the minimum wage and instead have some sort of job training program for kids. It's like, they completely ignore kids from ages 5-18 and then act surprised when they're only able to make minimum wage. The government should invest roughly $130,000 in educating children in useful job skills so that they can make more than minimum wage."}
{"_id": "592146", "title": "", "text": "Also, take advantage of off-season times. I say this because anyone from senior associates (fancy way of saying second years isn't it?) to managers will have free time for a little chat here and there. These brief moments helped me get an e-mail or some way of contacting them after I left the internship. Definitely helps."}
{"_id": "592151", "title": "", "text": "I've got the s6 and it has been a life saver the number of times I've bashed my phone around and got dirt in the charging port and needed to get it fixed (I work in construction), hopefully this will help apple users with the same issues I have"}
{"_id": "592169", "title": "", "text": "\"Please stay away from snakes. Don't use a credit card to buy your food. Those credit companies will eat you alive. Those are reward points they're giving you. It's like the casino giving you a free $50 to start out with. They designed the game. They are going to win. As for groceries, if you are a coupon clipper, check out thegrocerygame.com: \"\"Teri's List is a weekly publication of the lowest-priced products at your supermarket or drugstore matched with manufacturers' coupons and specials - advertised and unadvertised. Teri does all the hard work and research, and presents it to you in a straightforward format. Log in each week and print your list!\"\" Nathon HouseholdBudgetNerd.com Family Budgets for Both of Us\""}
{"_id": "592182", "title": "", "text": "In other words, you disagree with me and don't want to debate any longer.  Anyway, go about your fanboy investing style, I hope it works out.  Maybe Elon Musk will let you blow him some day."}
{"_id": "592187", "title": "", "text": "\"In an IPO the seller is the Company selling new shares. Some of the IPOs also include something called \"\"secondary\"\" sales which are existing holders selling at the same time at the IPO price.  But that is a but more unusual.  And as someone noted, the $68 is the price paid for the people who bought at the IPO (the aggregate group usually called the syndicate). The $85 is the price that it is trading at once there is trading in the open market.  People that are able to get into the syndicate to buy the stock at $68 sometimes quickly sell if the price is much higher when trading starts. This is called \"\"flipping\"\" the stock.  Hedge funds do this much more often than institutional buyers like Fidelity.\""}
{"_id": "592191", "title": "", "text": "Looking for the best New York SEO company? XVIO at 20 West 22nd St, Suite 710 offers a complete suite of online marketing services that can help boost your online presence and dominate the competition. Give us a call today!"}
{"_id": "592192", "title": "", "text": "My advice is that if you've got the money now to pay off your student loans, do so.  You've saved up all of that money in one year's time.  If you pay it off now, you'll eliminate all of those monthly payments, you'll be done paying interest, and you should be able to save even more toward your business over the next year. Over the next year, you can get started on your business part time, while still working full time to pile up cash toward your business.  Neither you nor your business will be paying interest on anything, and you'll start out in a very strong position.   The interest on your student loans might be tax deductible, depending on your situation. However, this doesn't really matter a whole lot, in my opinion. You've got about $22k in debt, and the interest will cost you roughly $1k over the next year. Why pay $1k to the bank to gain maybe $250 in tax savings? Starting a business is stressful. There will be good times and bad. How long will it take you to pay off your debt at $250 a month? 5 or 6 years, probably. By eliminating the debt now, you'll be able to save up capital for your business even faster. And when you experience some slow times in your business, your monthly expenses will be less."}
{"_id": "592198", "title": "", "text": "&gt;While I think it's crazy that all these companies are getting such high valuations, I really want to see Facebook's financials.  Lack of transparency really hurts.  I think any corporation over some set size should be mandated to keep all its financials fully transparent, including line by line day to day accounting.  As it is, it's a black box and we can only guess."}
{"_id": "592233", "title": "", "text": "\"We need more governmental student aid. More Pell Grants and more cheap loans.  If we've learned anything over the years, the government injecting billions of dollars of free money and cheap loans into the educational system in no way changes the pricing structure of that  of that system.  s/  Also, we need more highly valuable, highly marketable majors offered by colleges. Forget the hard STEM stuff, let's focus more on \"\"Women's Studies\"\", \"\"African Studies\"\", \"\"Social Justice\"\" and other majors like these. Because, let's be honest with ourselves, these type of degrees are in no way \"\"made up Bullsh#t waste of time degrees\"\" that do very little to nothing to prepare the graduate for how the real world works.  s/  BTW, before the SJW's vote me down, let me hit you with this dose of reality: I own and operate multiple successful businesses and hire people on a regular basis. If we get a resume' from someone with one of those degrees, let's just say that they will not be getting an interview.\""}
{"_id": "592237", "title": "", "text": "You can send money to the bank and create a credit balance, but you cannot increase the credit limit.  So if you send them $100, you can then charge $400 in one transaction. That said, I see no practical benefit to doing this.  If you want to buy something that's $400 and only have $100, just pay $100 in cash and charge the other $300.  Or save up and pay in cash :)"}
{"_id": "592245", "title": "", "text": "\"Never leave the airport if you want to get to your destination.  Something stupid would have happened and my 8+ hour delay would have turned into a \"\"now boarding at gate F4\"\" twenty minutes later, or it would have taken me three hours to get back through TSA bullshit.\""}
{"_id": "592251", "title": "", "text": "Use other currencies, if available. I'm not familiar with the banking system in South Africa; if they haven't placed any currency freezes or restrictions, you might want to do this sooner than later.  In full crises, like Russian and Ukraine, once the crisis worsened, they started limiting purchases of foreign currencies. PayPal might allow currency swaps (it implies that it does at the bottom of this page); if not, I know Uphold does. Short the currency Brokerage in the US allow us to short the US Dollar.  If banks allow you to short the ZAR, you can always use that for protection.  I looked at the interest rates in the ZAR to see how the central bank is offsetting this currency crisis - WOW - I'd be running, not walking toward the nearest exit.  A USA analogy during the late 70s/early 80s would be Paul Volcker holding interest rates at 2.5%, thinking that would contain 10% inflation. Bitcoin Comes with significant risks itself, but if you use it as a temporary medium of exchange for swaps - like Uphold or with some bitcoin exchanges like BTC-e - you can get other currencies by converting to bitcoin then swapping for other assets.  Bitcoin's strength is remitting and swapping; holding on to it is high risk. Commodities I think these are higher risk right now as part of the ZAR's problem is that it's heavily reliant on commodities.  I looked at your stock market to see how well it's done, and I also see that it's done poorly too and I think the commodity bloodbath has something to do with that.  If you know of any commodity that can stay stable during uncertainty, like food that doesn't expire, you can at least buy without worrying about costs rising in the future.  I always joke that if hyperinflation happened in the United States, everyone would wish they lived in Utah."}
{"_id": "592270", "title": "", "text": "Similar story with the last big corporate company I worked for.  One of the major hotel chains dicked around our CEO and next thing you know, there's a ban on certain hotels - as in, all 50,000 employees are forbidden to stay at those hotels when on company business.  And that company spent *millions* each year on hotels."}
{"_id": "592308", "title": "", "text": "\"From your description, it seems that you should have $75k of \"\"basis\"\" (i.e. after-tax amount) in your Traditional IRA. (As others have mentioned in comments, you might have had to report this in the year it was rolled over. I will assume that you will have figured this out.) Having after-tax amounts in a Traditional IRA is tricky as you usually can't choose to take out only the after-tax portion. Withdrawals as well as conversions to Roth IRA must be \"\"pro-rata\"\", which means that the amount of pre-tax and post-tax money in the withdrawal or conversion follows the same proportion as in the IRA overall. So say 7.5% of your Traditional IRA is after-tax, and the other 92.5% is pre-tax, that means any withdrawal will consist of pre-tax and post-tax in those proportions. So e.g. if you withdraw or convert $1000, $75 will be post-tax and $925 will be pre-tax. So any withdrawal or conversion will consist overwhelmingly of pre-tax amounts, which will be taxed, and you may not want that at this time. There is one way to separate the pre-tax and post-tax amounts in a Traditional IRA, but it involves having an active 401(k) (which I doubt you have at this point as you're retired). Some 401(k) plans allow people to rollover funds from Traditional IRA into it. If they allow this, then you can use it to \"\"siphon\"\" only pre-tax money from the Traditional IRA, as IRS does not allow rollover of post-tax money into a 401(k). This way you can rollover the entire pre-tax amount of the Traditional IRA into the Traditional 401(k), leaving behind only after-tax money in the Traditional IRA, which you can immediately convert to Roth IRA with no tax.\""}
{"_id": "592309", "title": "", "text": "Like most software it's about what you put in to them. We use ProSeries software which is like TurboTax but $4500 with no questions.   I would do your taxes on online and then have a professional do them. You then can ask any questions you may have to better understanding of what's going on. Only take copies of your documents because some unprofessional places will try to keep them.  Do this each time something big changes in your life, you have a baby, buy a house or start a business.  May cost more but could save you thousands in the long run.  I have been doing taxes professionally for 7 years."}
{"_id": "592325", "title": "", "text": "\"Several student loans are backed by government guarantee and this will allow you to get attractive rates. This may require them to consolidate the three classes of loans separately. Many commercial banks offer consolidation services, one example is Wachovia discussed at https://www.wellsfargo.com/student/private-loan-consolidation/ Other methods of \"\"consolidation\"\" are of course anything that pays off the original loan. If available, using a parent's home equity line of credit to pay of the loans and then paying back the parents can save money. An additional benefit of HELOC-style loans is that they are very flexible in their payment terms. For example you may pay $25 per year to keep the account open and then only be required to make interest payments. Links:  https://origin.bankrate.com/finance/college-finance/faqs-on-student-loan-consolidation-1.aspx\""}
{"_id": "592339", "title": "", "text": "8 years ago most of the people in the workplace wouldn't touch Aldi, last year I noticed people loved it and the topic was what a rip off both colse and Woolworths was.   Mindset has changed and as cost of living has gone up people are looking to blame everything they can.  People have resentment saying I can't believe we had been paying 1 $150 and we pay $80 and keep on bringing it up."}
{"_id": "592347", "title": "", "text": "\"Human Development Index  http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index  ---  23   Spain 0.878 - \"\"Very high human development\"\"  161   Uganda 0.446 - \"\"Low human development\"\"  ---  What makes you think Spain is worse off than Uganda? Simply not the truth. Even in this crisis. Spain is a developed country with a high standard of living, highly developed infrastructure, a relatively well working state, and people don't starve in Spain. Even if the US or any Western European country experience a major economic crisis, they don't fall to low developed quality of living standards.\""}
{"_id": "592348", "title": "", "text": "Whatever.  Go live in an an airplane like I have and you'll quickly realize that the TSA is the least of your problems.  Note that I am not particularly fond of the TSA.  I think the airlines should run their own security and not be required to use the government's Full Employment For Idiots department, but it's just not that big a deal."}
{"_id": "592379", "title": "", "text": "\"FICO SCORING http://www.pbs.org/wgbh/pages/frontline/shows/credit/art/chart_fico.gif This is from the PBS Frontline show \"\"Secret History of the Credit Card.\"\" Getting rid of one card won't immediately trash your score, nor will it be by the full impact (15%) of credit history. If there's no fee, I'd buy gas once per quarter with it. If there is a fee, I'd check my FICO score and if I can afford to lose 20 or so points for a time, I'd go for it.\""}
{"_id": "592406", "title": "", "text": "This is why I've come into the view that most companies should be worker co-ops.  There are a few key sectors of the economy like health care and banking that probably shouldn't have a profit motive to them.  Turn everything else into worker co-ops.  That way you, as the workers, do earn that money through your own blood sweat and tears with the added benefits of not having a CEO that makes over 300x as much as you while doing away with wage slavery.  Its strange that we say we value democracy in our society, except in our companies which look more like serfdom."}
{"_id": "592420", "title": "", "text": "And yet people gave these financial professionals their money.  People invested their money with these people without an understanding of how their money was going to be invested.  At what point does common sense kick in?  It doesn't take a rocket scientist or a brain surgeon to figure out that if you might be setting yourself up for failure if you invest resources into something without an understanding of how it works."}
{"_id": "592423", "title": "", "text": "Arrrr . . .there be whispers on the wind  Some scurvy scally wags walk the plank   Bound and gagged starboard side away from prying eyes  Capn warn't pleased with the misrepresentation of plunder, you see  But that not be the end of it, there be dealings with the kings treasurer but the shylocks there be wary of the common man and wagging tounges  Stuck between the devil and the deep blue sea they be and fearful  of the growing fleet which's colors bear the crooked cross  tis the second comming . . .arrr"}
{"_id": "592436", "title": "", "text": "There are a lot of cheap or low-cost packages that are quite lucrative but you can be sure that these are not at all private servers but are rented out to several customers so basically you are now paying for the stuff you could have obtained for free on the internet."}
{"_id": "592462", "title": "", "text": "Supplier of\u00a0Quartz\u00a0Powder in India http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php Shri Vinayak Industries is a prominent supplier and Manufacturer of Quartz Powder in India. Quartz is the most common mineral which is composed of silicon and oxygen and its chemical composition is silicon dioxide, SiO2. It is chief component of igneous, sedimentary and metamorphic rocks"}
{"_id": "592484", "title": "", "text": "\"Such data is typically only available from paid sources due to the amount of research involved in determining the identity of delisted securities, surviving entities in merger scenarios, company name changes, symbol changes, listing venue changes, research of all capital events such as splits, and to ensure that the data coverage is complete. Many stocks that are delisted from a major exchange due to financial difficulties are still publicly tradeable companies with their continuing to trade as \"\"OTC\"\" shares.  Some large companies even have periods where they traded for a period of their history as OTC.  This happened to NYSE:NAV (Navistar) from Feb 2007 to July 2008, where they were delisted due to accounting statement inaccuracies and auditor difficulties.   In the case of Macromedia, it was listed on NASDAQ 13 Dec 1993 and had its final day of trading on 2 Dec 2005.  It had one stock split (2:1) with ex-date of 16 Oct 1995 and no dividends were ever paid. Other companies are harder to find.  For example, the bankrupt General Motors (was NYSE:GM) became Motoros Liquidation Corp (OTC:MTLQQ) and traded that way for almost 21 months before finally delisting. In mergers, there are in two (or more) entities - one surviving entity and one (or more) delisted entity.  In demergers/spinoffs there are two (or more)  entities - one that continues the capital structure of the original company and the other newly formed spun-off entity.  Just using the names of the companies is no indication of its history. For example, due to monopoly considerations, AT&T were forced to spinoff multiple companies in 1984 and effectively became 75% smaller.  One of the companies they spunoff was Southwestern Bell Corporation, which became SBC Communications in 1995.  In 2005 SBC took over its former parent company and immediately changed its name to AT&T.  So now we have two AT&Ts - one that was delisted in 2005 and another that exists to this day. Disclosure: I am a co-owner of Norgate Data (Premium Data), a data vendor in this area.\""}
{"_id": "592499", "title": "", "text": "Does your employer prefund benefits for employees that haven't even been born yet?  Or better yet, their parents haven't even been born yet. They're required to fund their pension plan 75 years in ADVANCE.  There is literally no other government, nor private agency required to do that because it's asinine.  Congress was purposely trying to bankrupt the perfectly functional post office in order to sell it off to the highest bidder.  As a Chicagoan, let me tell you that privatizing public assets does NOT work.  Edit for spelling"}
{"_id": "592508", "title": "", "text": "\"&gt;My point was more that I've seen, firsthand, people not take financial responsibility for their dependents or for themselves, and that they can't be trusted in investing in any future.  I agree. The libertarian in me wants to say \"\"screw them, they had their chance.\"\" The compromising moderate in me wants to say \"\"lets find a way to replace social security with something better.\"\"  &gt;Given I'm still in great health and in my 20's I probably ought to look into getting more/real Life Insurance, as well.  For as cheap as a 30 year term life insurance policy would be... you might as well do it. 10x your income for the monthly cost of a tank of gas. It's a no-brainer.\""}
{"_id": "592510", "title": "", "text": "However, if you are employed by a company that exists in a tax haven and your services are provided to an employer by that tax haven company, it is the tax haven company that gets paid, not you. Under various schemes that company need not pay you at all. For example it may make you a loan which is not taxed (ie you don't pay tax on a loan, just as you don't pay tax on the money lent you by a mortgage company). You are bound by the terms of the loan agreement to repay that loan at a rate that the company finds acceptable. Indeed the company may find eventually that it is simply convenient to write off the loan as unrecoverable. if the owners/officers of he company write off your loans, how much tax will you have paid on the money you have had as   loans? The taxman can of course state that this was simply set up to avoid tax (which is illegal) so you should have a balancing scheme to show that that the loans were taken to supplement income,just as one might take a bank loan / mortgage, not replace it entirely as a tax scam. Hiring tax counsel to provide this adequate proof to HMRC has a price.  Frequently this kind of loophole exists because the number of people using it were sufficiently low not to warrant policing ( if the policing costs more than the tax recovered, then it is more efficient to ignore it) or because at some stage the scheme has been perfectly legal (as in the old offshore'education' trust recommended by the government a few decades ago). When Gordon Brown set out a 75% tax rate (for his possibly ideological reasons rather than financially based ones)for those who had these accounts , he encountered opposition from MPs who were going to be caught up paying high tax bills for what was effctively retrospective taxation, so there was a built in 'loophole' to allow the funds to be returned without undue penalty.  If you think that is morally wrong, consider what the response would be if a future Chancellor was to declare all IAs the work of the devil and claim that retrospective tax would need to be paid on all ISA transactions over the last few decades.eg: tot up all the dividends and capital gains made on an ISA in any year and pay 40% tax on all of them, even if that took the ISA into negative territory because the value today was low/ underperfoming. Yet this has been sggested as a way of filling in the hole in the budget on the grounds that anyone with an ISA can be represented as 'rich' to a selected party of voters."}
{"_id": "592512", "title": "", "text": "Fedex and UPS allow shipping packages with COD (Collect on Delivery) option. You tell them how much to collect, and they will hold the package and attempt to collect it from the receiver and then remit to you. If they cannot collect - they'll return the package to you. In the (post-) Soviet Union republics, the local post offices provide(d) similar services. If you're shipping from/to these areas - check with the postal service if they have it. However, that may be only limited to the postage costs (I believe that's the case with the USPS)."}
{"_id": "592529", "title": "", "text": "SEO-Daddy, is one of the leading and reliable social media marketing companies. You can have our custom social media marketing services that also help you website to gain more visibility and increase your targeted users as well. This will leads to high productivity and top ranks in major seo companies in uae. They will even guide you on a way to enhance your internet site overall performance, outrank your competition' by way of winning the top function on Google. Hence, shooting a big chew of the market proportion. Our FREE complete report examines important SEO problems and gives useful insights into your competitor\u2019s digital advertising method."}
{"_id": "592535", "title": "", "text": "yea pure speculation for now. ICO price of (icnonomi coin) ICN at .14 cents a share, 8 months later it hits $1.50 then $5.18 per share. smh it's wild.  $5,000 @ .14cents =&gt; 35,000 shares  $185,000 profit off of $5,000 in 8ish months, just insane.  worth the risk for a quick flip? maybe hence all the wild speculators and dumb money coming to the market after hearing about over night millionaires. Also attracts the sharks and smart traders, the mob gets scared really easy in these exchanges."}
{"_id": "592539", "title": "", "text": "They can, at any time, unless it explicitly says otherwise in the bylaws, kick the CEO out for any reason.  In many cases, I believe his salary is dictated by the board of directors (elected by the shareholders iirc), as it couldn't be feasibly done so by anyone else, since they work for him (her)."}
{"_id": "592545", "title": "", "text": "\"The best I could come up with would be to simply ask for the amount of \"\"notes\"\" and \"\"coins\"\" you would like, and specify denominations thereof.  The different currency labels exist for the reason that not all of them are valued the same, so USD 100 is not the same as EUR 100. To generalize would mean some form of uniformity in the values, that just isn't there.\""}
{"_id": "592578", "title": "", "text": "\"Anyone remember \"\"Fucked Company\"\" dot-com? It was a hit during the dot-com bust. a dot-com company deadpool blog/website... And I recall the founder tried to sell customized pr0n videos (like 30 secs or so) of POV shot nailing some girl while she screamed your name. I think that lasted all but a week before he shut that idea off.  I want to know what he was thought about it, what happened, and what went wrong... demand? costs? The open flood of just other pr0n movies, and people not caring about stroking the ego of hearing their name, instead of just stroking other things?  not that I care so so much, it was just something crazy from way back when that popped into my mind.\""}
{"_id": "592582", "title": "", "text": "Having been in the situation of commuting and working long hours at a low wage to just scrape by, I faced the following dilemma: I used all my income to pay bills and taxes and could not afford to go back to college to get another degree (or pay for distance learning). Even if I could afford to pay for classes, I couldn't figure out when I'd have the time to study because I was often only home 9 hours a day and needed to eat and sleep, shower and get ready for work. A wealthy friend of mine liked to read books about people who overcame great obstacles and she was sure I could figure out lot a way to improve my situation if I'd just try harder. One day I handed her a piece of paper showing my income after taxes and monthly bills and asked her to get back to me with a plan that would allow me to afford classes and give me say, an average of 6 hours of study time per week. She was happy to do it. Here was her longed for opportunity to show me it was possible to pull myself up by my bootstraps. After she studied my income, expenses and schedule, she decided she couldn't devise a plan that would work and she never again told me I wasn't trying hard enough."}
{"_id": "592596", "title": "", "text": "Since I have 10k in my account after down-payment, will I get a   good interest rate on the loan? When the bank considers your loan, they will see $70K. Regardless, they will want to see certain amount of savings that would allow you to continue paying your loan in case of an emergency, and $10K might not be enough. I was planning to put down 15%, but I have been told that I should buy   something called PMI to satisfy the rest 5% and if I take that my   interest will be more and sometimes, bank will not go for anybody who   pays less than 20%. Is that true? Yes. After downpayment + closing costs, how much money in the savings   accounts, is the bank looking for to say that I am a good buyer? Depends on the bank, my wild guess would be they're looking for several months' worth of loan payments (you should have ~6 months worth of savings for emergencies, regardless of loans)."}
{"_id": "592598", "title": "", "text": "&gt;Labor isn't that interchangeable and markets are far from perfect.  Yes, it is if it's manual labor which is what these Walmart workers is. Labor can even be replaced by robots/technologies. As technologies advanced at current rate. Manual labors can and will cease to exist.  &gt;What is the other option other than government help?  Education! Seriously, a god damn good education that isn't today's education system. No welfare from the govrt. A good education from our govrt. is 100x better than welfare.  &gt;Let these people starve and live on the street because they can't afford anything else? That is a great way to ruin a society.  Look, No one cried when Car replaced Horse carriage. Just look at the entire Human history. A lot of job die when technology changed and each time a new technology rise. There are dozen of far better paying jobs that come with it. Can you imagine back in 1950 that someone can just do Vlog on YoutTube and make great living doing it. There are hundred of YouTube partners making a good living just making videos and post them on YouTube! Unless you're retarded, your brain will always worth way more than your strength. Human race is a creative race. We are born to think and to create. I believe our society and its people will be better off in a society where we are not bored at our jobs doing manual and repetitive tasks. From personal experiences, I got a co-worker who used to building house for a living. When we work together, he was a tech support and now he does SharePoint support. He told me when he was building house, he was hook on drug/weed/cocaine...etc. You named it and he had tried it beaus the pain from doing manual labors was unbearable that he rely on drugs to take pain away. He told me not one person who work in the house building wasn't hook on alcohol, weed or drug and working in tech support and writing script is great for him because he get to use his brain and no body pain from manual labor.   All this have to start with EDUCATION! Which sadly our govrt. suck balls at it!"}
{"_id": "592606", "title": "", "text": "No, Las Vegas works because its an entertainment destination that also has gambling.  Steve Wynn tried to explain this to AC back in the 1980's and the city and state didnt listen to him so he got out of that market completely."}
{"_id": "592610", "title": "", "text": "&gt; Most of that money goes into regulations of and subsidies  source.  &gt;Everyone profits equally from courts and police  I live in a rural low crime area. I don't benefit as much from taxes to fund court and police employees as someone from an urban high crime area. I don't mind paying it though because it's helping *other Americans.*  &gt;you force a minority at gunpoint to pay confiscatory tax rates  I never said minorities had to pay for it. We can stop giving out [1.3 trillion](http://www.pewresearch.org/fact-tank/2016/04/06/the-biggest-u-s-tax-breaks/) every year in tax subsidies to pay for it."}
{"_id": "592612", "title": "", "text": "Germany is substantially cheaper than the London . You would need at least double your current income to maintain the same lifestyle in London.  Even then, you will likely have to settle for a cramped housing or a long commute. Java developers are largely contractors in the UK.  Typical wages and rates can be found at www.itjobswatch.co.UK Wages go up and down depending on supply and demand. Don't quit till you have another offer."}
{"_id": "592619", "title": "", "text": "&gt;  There's always another fresh-faced new grad with dollar signs in his eyes who doesn't know enough to ask about outstanding shares, dilution, or preferences.  They'll learn soon enough.  &gt; Very few startups are looking for penny-ante 'investor' employees who can only put &lt;$100k.  You'll probably find that the majority of tech startups are looking for under $100k to get going. Check out kickstarter.com sometime.  &gt; Actual employees are lucky if they can properly value their options, let alone control how much it ends up being worth in the end.  If you're asked to put in work without being fully compensated, you are no longer an employee. You're an investor. You need to change your way of thinking."}
{"_id": "592636", "title": "", "text": "Go to fidelity.com and open a free brokerage account. Deposit money from your bank account into your fidelity account. (expect a minimum of $2500, FBIDX requires more I believe) Buy free to trade ETF Funds of your liking. I tend to prefer US Bonds to stocks, FBIDX is a decent intermediate US Bond etf, but the euro zone has added a little more volatile lately than I'd like. If you do really want to trade stocks, you may want to go with a large cap fund like FLCSX, but it is more risky especially in this economy. (but buy low sell high right?)  I've put my savings into FBIDX and FGMNX (basically the same thing, intermediate bond ETF funds) and made $700 in interest and capitol gains last year. (started with zero initially, have 30k in there now)"}
{"_id": "592649", "title": "", "text": "What he is describing is incredibly common in Scandinavian corporate structure. I can send an email to anyone in the company. I can discuss things and ask questions across departments no problem.   Decisions however need to go through the hierarchy, but I can do all the groundwork and investigate the angles **before** I bring a proposed solution to my manager. It makes us agile and fast at solving issues and it just makes sense.  It does require people to not be obsessed with the power of their position and trying to take all the credit. Luckily that kind of attitude is not that common in at least the Swedish corporate world."}
{"_id": "592654", "title": "", "text": "\"When I was in a similar situation (due to my stocks going up), I quit my job and decided that if I live somewhat frugally, I wouldn't have to work again (I haven't).  But I fell victim to some scams, didn't invest wisely, and tried to play as a (minor) philantropist.  Bad move.  I still have enough money to live on, and want to buy a home of my own, but with the rise in real estate costs in ALL the \"\"good\"\" major cities my options are very limited.  There is a LOT of good advice being given here; I wish someone had given me that kind of advice years ago. $1,200,000 sounds like a lot but it's not infinity. Side comment: I've seen lots of articles that claim to help you figure out how much money you need in retirement but why do they all start out by asking you \"\"how much money do you need in retirement?\"\"\""}
{"_id": "592661", "title": "", "text": "Google 'information ratio'. It is better suited to what you want than the Sharpe or Sortino ratios because it only evaluates the *excess* return you get from your investment, ie. return from your investment minus the return from a benchmark investment. The benchmark here could be an index like the S&amp;P500."}
{"_id": "592663", "title": "", "text": "Assuming you are NRI, any income you earn is not taxable in India whether you transfer to India or not. Is this amount taxable in India? If yes then how much I have to pay as tax. No it is not taxable. How to fixed Deposit this money from Saudi Arabia or from India through my husband or parents? You can open Fixed Deposits in your name or your husband/parents name. It is your choice. Some Banks allow you to operate an NRE account via Internet If I put this money in 2-3 FD's (like 5 lakh one FD and 2 or 3 lakh other FD's) then the interest earned is taxable? Interest is taxable.  Can I withdraw any FD without maturity if needed in urgent? That depends on type of FD you have opened. Some allow withdrawal before maturity with a penalty other don't allow."}
{"_id": "592665", "title": "", "text": "The paragraph before on page 115 states: Scaling corresponds to having a weight in the long and   short legs that is different from one and varies over time,   but the strategy is still self-financing. Meaning that the long and short positions are no longer equal due to weighting one side more highly than the other. The weighting of one side (either long or short) is the number between 0.2 and 2 that you mention."}
{"_id": "592670", "title": "", "text": "No. Credit scores are primarily built by doing the following: To build credit, get a few major credit cards and a couple of store cards. Use one of them to make routine purchases like gas and groceries. Pay them on time every month. You're good to go. I would hate to sell stocks to pay off a loan -- try finding a better loan. If you financed through the dealer, try joining a credit union and see if you can get a better rate."}
{"_id": "592671", "title": "", "text": "Your dislike for free trade scares me. Shopping for lower wagers in order to bring production cost down is extremely beneficial to both the surrounding production area and the receiving consumers of the products. If it isn't beneficial then the company loses demand and eventually fails. I believe where you hatred stems from is fiat currency and foreign affairs. Free market has its con-men and hustlers but that is far better than government control. You decide what you spend your money in and no one else can say otherwise."}
{"_id": "592674", "title": "", "text": "\"&gt; all other things being equal, it\u2019s better to have **lots of stores** complimenting a decent online operation  back in the 60's in Econ class we were studying the automobile industry.  the Prof was a leading car expert.  one student asked why GM sold the most cars (then, near 50%) and his answer was amazing.  Prof. Scherer said \"\"they have more dealerships\"\"  more opportunity to buy\""}
{"_id": "592676", "title": "", "text": "I don't know how any Kmart stores are still open. How can a store that is dirty, run down, dated, and has higher prices compete with Target and Walmart? Not to mention Kmart employees act like they are there for community service."}
{"_id": "592679", "title": "", "text": "Yes. Savings accounts and CDs today pay almost nothing. They are not a way to grow your money for the future. They are a place to keep some spare cash for emergencies. I don't have such accounts any more. Personally, I generally keep about $2000 in my checking account for any sudden surprise expenses. Any other spare money I have I put into very safe mutual funds. They don't grow much either, but it's better than what I'd get on a savings account or CD."}
{"_id": "592680", "title": "", "text": "I'll offer another answer, using different figures. Let's assume 6% is the rate of return you can expect.  You are age 25, and plan to retire at age 65.  If you have $0 and want $1M at retirement, you will need to put away $524.20/month, or $6,290.40/year, which is 15% of $41,936.  So $41,936 is what you'd need to make per year in order to get to your target. You can calculate your own figures with a financial calculator:  480 months as your term (or, adjust this to your time horizon in months), .486755% as your interest (or, take your assumed interest rate + 1 to the 1/12th power and subtract 1 to convert to a monthly interest rate), 0 as your PV, and $1M as your FV; then solve for PMT."}
{"_id": "592686", "title": "", "text": "Sounds like some kind of quantitative research role would be up your alley.  What kind of programming experience do you have?  At my firm there are a bunch of quants who work primarily in MATLAB/R, but also work with scripting languages like Python and associated data packages (pandas, numpy, etc.)."}
{"_id": "592709", "title": "", "text": "If you can afford to put more money into the 401(k) -- which is what paying yourself back at a higher rate than you're earning would amount to -- why not just put more money into the 401(k)?  Or into an IRA, if you've maxed out what the 401(k) will allow. That would seem to have the same positive effects you're looking for, while avoiding the negative ones."}
{"_id": "592714", "title": "", "text": "The reason that I and many others recommend term rather than permanent life insurance is that the expenses charged for investing through permanent life insurance are so high. Everyone was alluding to that truth in their comments above, but the actual numbers would astound you. The commission that your agent receives for your purchase can be as high as the entire first year of premiums that you pay. (Only on the whole life portion).  Instead you could get a term life policy from a company like USAA (I mention them because they are very competitive, so compare your other quotes to them) for $500k at a cost of about $30/month on a 30 year term. Don't take my word for it, get quotes on the Internet and consider the cost savings. Ask this salesman, ahem, I mean advisor, what kind of commission he will earn over the lifetime of your investment. He won't give you a straight answer. He'll talk about tax advantages as if there aren't better retirement accounts that were designed to be retirement accounts. Or buy it from him, it's only money."}
{"_id": "592719", "title": "", "text": "Looks like a user-contributed list is the only good solution to this question, so I'll start one by making this answer community wiki, meaning anyone can edit it. We only aim to add major chain, not every mom&pop store (which probably don't qualify). The rewards details page looks like this:  The lists are in alphabetical order."}
{"_id": "592720", "title": "", "text": "We have five domestic breeds: pink, Chum, sockeye, coho, Chinook (king, spring are other names).   They have very distinct characteristics on size and shape and even taste.   They look quite different when they spawn.  Sockeye turn red.  Chum turn purple.   Pink get this ugly hump.     Atlantic have their own characteristics that are different from our five wild breeds."}
{"_id": "592743", "title": "", "text": "&gt;The laws of physics are absolute. The laws of man can be bent and twisted. Come on, you know that.  And it seems that Donald Trump follows the laws of man. I'm sure if they are changed, he will follow the new ones. Should he be following a different set of rules that aren't on the books? Where does someone find these rules?  &gt;Don't be naive about Trump. He'll fuck you in the ass and leave you for dead in the blink of an eye. Trump is a con man front to back.  When did I say I would ever partner with him? His string of failures is enough to show that being a partner with him is certainly a high risk affair, with a very high hurdle rate needed to overcome his track record."}
{"_id": "592746", "title": "", "text": "\"&gt;Every single grocery store is \"\"consumerist.\"\" I've been shopping at Whole Foods for (almost) 30 years, and the reason is because Whole Foods has put its research into discovering what and how to serve me, and then delivering. The experience of shopping in a Safeway, Albertson's or the like is ugly, uncomfortable, cold and smelly. They are too big and take forever to get from one item I want to another. They are filled with junk they are trying to trick me into thinking is nutritious.  And they've tricked you into thinking they aren't.  I mean if your biggest problem in life is the appearance of your store, fine, but underneath all the faux wood and fake-ass decor designed to make you think it's \"\"rustic and natural \"\", every last trick in the retail book is being used on you.  They do sell junk, it's just packed differently.   &gt;What makes you think Whole Foods is in any way MORE deceptive than Walmart, Publix, Costco, etc? Because they responded to a market that wanted **quality** food that could be traced back to it's source? Why wouldn't they respond to that?   Because, despite being pretty much the same thing, they make a lot of noise about not being the same so they can charge you a premium.  I could trace back food in just about any store I go into, why should WF get a cookie for this?  The packages come with labels and even if they don't, the case that held those items did, which means that knowing where your food came from never gets more complicated than asking the staff.  To me, those things ARE deceptive, because they're marketing things that everyone does as though it's a unique selling point.  Even Walmart has farm to table sourcing.  It's in a QR code on their salads.     &gt;I'm *thrilled* that it is. That means I can access food that I want and enjoy, and it costs less than it would otherwise. I can buy sugar-free bacon at Whole Foods. YAY! I feel great about that. I can't get that at Safeway.   Ever read the label on bacon?  There's not a lot of sugar there to start with.   &gt;Do you think commercial food producers and other grocery outlets don't collectively FAR outspend Whole Foods to promote less nutritious food that is as inexpensive as possible to produce? That they don't sacrifice quality for profits?   Not really, I think whole foods has hoodwinked a whole bunch of millennials into believing the hype that just because they have a farmers market decor that somehow they're better and more pure than other stores.  Almost every business in a capitalist economy sacrifices quality for profits.  That's how it works.  I don't like whole foods because they're tricking gullible people like you into thinking that they give a single shit about you or your health.  They don't, they care about the money in your wallet.  It's all commercial food, it comes from the same fields.\""}
{"_id": "592756", "title": "", "text": "It is a very good idea to spread your ISAs over more than one stock broker.    However now that a lot of stock brokers charge an admin fee it can get expensive if you use too many. There is no need to tell your last year\u2019s ISA provider that you are using a different one, however you MUST ONLY pay into one ISA provider in each tax year."}
{"_id": "592780", "title": "", "text": "How realistic is it that I will be able to get a home within the 250,000 range in the next year or so?  Very unlikely in the next year.  The debt/income ratio isn't good enough, and your credit score needs to show at least a year of regular payments without late or default issues before you can start asking for mortgages in this range. You don't mention how long you've been employed at these incomes, this can also count against you if you haven't both been employed for a full year at these incomes. They will look even more unfavorably on the employment situation if they aren't both full time jobs, although if you have a full year's worth of paychecks showing the income is regular then that might mitigate the full time/part time issue. next year or so? If you pay down your high interest debt (car, credit cards), and maintain employment (keep your check stubs and tax returns, the loan officer will want copies), then there's a slight chance. And, from this quick snap shot of our finances, does it look like we would be able to qualify for a USDA loan? Probably not.  Mostly for the same reasons - the only time a USDA loan helps is when you would be able to get a regular loan if you had the down payment. Even with an available down payment of 50k, you wouldn't be able to get a regular loan, therefore it's unlikely that you'd qualify for a USDA loan. If you are anxious to get into a house, choose something much smaller, in the 100k-150k range. It would improve your debt/loan ratio enough that you might then qualify for a USDA loan.  However, I think you'd still have issues if you haven't both been employed at this rate of income for at least a year, and have made regular payments on all your debts for at least a year. I'll echo what others have suggested, though, strengthen your credit, eliminate as much of your high interest debt as you can (car, credit cards), and keep your jobs for a year or two.  Start a savings plan so you can contribute a small down payment - at least 3-5% of the desired home price - when you are in a better position to buy. During this time keep track of your paycheck stubs, you may need them to prove income over the time period your loan officer will request. Note that even with a USDA loan you still have to pay closing costs, and those can run several thousand dollars, so don't expect to be able to come to the table with no cash. Lastly, there's good reason to be very conservative regarding house cost and size.  If you can, consider buying the house as if you only had the 46k per year.  Move the debt to the person making the lower income, and if you buy the house in the name of the person only making 46k per year, then the debt/loan ratio looks very positive.  Further it may be that the credit history of that person is better, and the employment history is better.  If one of you has better history in these ways, then you might have a better chance if only one of you buys the house.  Banks can't tell you about this, but it does work.  Keep in mind, though, that if you two part ways it could be very unhappy since one would be left with all the debt and the house would be in the other's name.  Not a great situation to be in, so make sure that you both carefully consider the risks associated with the decisions made."}
{"_id": "592781", "title": "", "text": "\"Can everybody just sit back and grasp the concepts flying around this topic for a moment?  The *federal government* wants to tell broadcasting networks what kind of compression chain to use for their commercials. How the flying fuck does one *comply* with this kind of regulation? Will networks need to abandon hard-limiting compressors in favor of volume normalization? (Meaning: the government will require networks to favor one brand of compression product, creating an unfair competitive disadvantage for those companies who make simpler, more reliable compression gear sans the algorithmic audio ducking engines). What constitutes a breach of said regulation? How does the federal government measure compliance?  If anybody could provide a source for the actual regulations from the FCC itself, that would be great. We should really be picking *that* apart as opposed to the dumbed-down \"\"Today Show\"\" version of the regulation.   But right now, I see no way to combat the claim that this is a fucking idiotic and completely impractical legislation that no networks will actually comply with. There's just no way, from my experience as a audio broadcasting engineer, that this can be enforced. If networks *do comply* voluntarily, it will end up being an enormous burden, both cost-wise and logistically, to implement effectively.   This seems like a gradual step towards regulating the dynamic levels on the side of the commercial developers themselves. After the voting public forgets that the FCC implemented this regulation, they're going to say: now that this is a matter of the federal government, we *need* to control the commercial producers themselves because the previous efforts failed.\""}
{"_id": "592785", "title": "", "text": "This is a variation of a very common scam. The principle of the scam is this: I give you a check for a huge amount of money which you pay in your account. Then I ask you to pay some money from your account into a third account. Two months later the bank detects that my check was forged / stolen / cancelled / whatever and takes the huge amount of money away from your account. But you paid the money from your account, and that money is gone from your account and irrevocably ended up in my account."}
{"_id": "592796", "title": "", "text": "Transfers are defined to arrive on a specific number of business days, nearly always one business day (if you submit it before the cutoff time). The exact number of days depends on the receiver bank, but when you try to create a transfer, it will tell you when it will arrive, before you send it out."}
{"_id": "592801", "title": "", "text": "Is it true there are magical boxes that you can carry around with you and communicate with each other in the US? Here we only have snakes and elephants and we shit on the street next to our payphones, which I learned today you can make international calls from."}
{"_id": "592805", "title": "", "text": "Probably to some degree, but if it isn't connected to the internet it's much more difficult.  They can't legally listen to you without a wire tap warrant, but they could ask Microsoft to listen, record, and share your information since you gave Microsoft permission to constantly listen in.   And it isn't just the government.  Who knows what Microsoft is listening for.  Target has used purchase records to [figure out who is pregnant](http://www.forbes.com/sites/kashmirhill/2012/02/16/how-target-figured-out-a-teen-girl-was-pregnant-before-her-father-did/).  Microsoft would have a perfectly legal way to spy *much* more intrusively than Target.  [Polls show](https://www.eff.org/deeplinks/2013/10/polls-continue-show-majority-americans-against-nsa-spying) that government spying (the NSA issues being the most well known) are a big concern.  I'd be very surprised if I was the only one came to the same conclusion.  And yes.  Microsoft changed their policies on the constant internet connection and mandatory always on Kinect, but I think the damage was already done."}
{"_id": "592815", "title": "", "text": "My love for Netflix is posted in /r/economy due to the fact that my love for it is simply because of the economic benefit. No, I am not considering investing, though I posted it in this subreddit due to the fact that my love for it is the money I save off of paying the $10 a month for multiple movies that would cost more elsewhere."}
{"_id": "592828", "title": "", "text": "I can't wait for a &gt; 5 inch screen iPhone. I had a 3GS and replaced it with a Samsung Note 2 just for a big screen as I mostly use my phone for internet on the go. After putting up with the Samsung's shitty software for the last two years I'm ready to go back!"}
{"_id": "592841", "title": "", "text": "The era of industrial, mega brewers producing bland beer has reached its peak and entered decline  People are discovering, and re-discovering gourmet beer and food  No, InBev will not die soon, but they will not grow at the rate they hoped for. I would bet they actually shrink"}
{"_id": "592859", "title": "", "text": "It is also not helped that governments globally are pressing banks to improve capital ratios; i.e. hold more in reserve. While this will reduce the likelihood of a bailout in the near future, it severely reduces the access to money and damages the economy."}
{"_id": "592869", "title": "", "text": "TRAVEL GUYS ONLINE provide to travelers with a vast range of accommodation and flight options. We allow them to make an informed judgment by comparing prices and facilities of different hotels. We also provide adventure tour, you can Book Cheap adventure tour on our website. Through our website you can get pictures of hotels and rooms, information on prices and deals, reviews by travelers,  etc., making it a lot easier for people to make bookings."}
{"_id": "592886", "title": "", "text": "\"&gt;No one is to blame other than these antiquated ceos that are so out of touch with the public. If half of your failed aplicants are failing due to mj maybe its time reevaluate your requirements perhaps ? The excuse of saftey concerns is completely misleading bs. I wonder how many current employees most likely use mj regularly. Fact is the general public view mj as more innocuous than alcohol yet these companies use its illegality as a reason to dodge isurance claims when thier employees are injured. Most frustrating part of this article is when he complains about being unable to compete with germany ...you know why ? Because most of Europe doesnt have completely invasive drug testing procedures and instead recruits based on qualification and performance like any good company should.  The safety concern is real.  A single injury in the workplace can cost upwards of $20K.  That's serious money, and if our workplace injury involves multiple people, damaged equipment, and so on, you do the math.  It's not a \"\"bullshit\"\" concern, it's the potential to be on the hook for serious money when someone impaired by a drug injures himself and needs to go to the hospital or perhaps maims someone else who has the misfortune to be working with him that day.  There are workplaces that are dangerous enough when everyone is sober.  Adding drugs or alcohol to that mix is pretty much planning on maiming or killing one of your employees.    Secondly, basing a policy on what the general public (99% of whom know nothing about pharmaceuticals) think are dangerous drugs is a terrible way to make that sort of decision.  People think aspirins are harmless, which is why people overdose and severely damage their livers.  If you took a poll, most people wouldn't know that OTC pills can be dangerous.  Doesn't change the fact that they can be.  People misjudge the dangers of all kinds of things they do everyday.  Don't base your opinion on what the general public thinks is true.  Base it on facts.  As for the illegal thing -- I'm sure you'd willingly turn over all your bank accounts and credit cards to a guy who is actively breaking the law for his own personal pleasure.  Such a person would surely never be tempted to bend other laws when it suits them, would never lie on a financial statement or legal document, and would never ever consider stealing from you, right?  That's a pretty big risk.  In a lot of jobs, the only thing you have is trust because they have the data and you don't.  And willingness to break the law shows that you can't be trusted.\""}
{"_id": "592890", "title": "", "text": "The screener at FinViz.com will let you screen for stocks at their 52-week low."}
{"_id": "592891", "title": "", "text": "Do I make money in the stock market from other people losing money? Sometimes. If the market goes down, and someone sells -- on a panic, perhaps, or nervousness -- at a loss, if you have extra cash then you can buy that stock on the hope/expectation that its value will rise."}
{"_id": "592892", "title": "", "text": "It's a good question, I am amazed how few people ask this. To summarise: is it really worth paying substantial fees to arrange a generic investment though your high street bank? Almost certainly not. However, one caveat: You didn't mention what kind of fund(s) you want to invest in, or for how long. You also mention an \u201cadvice fee\u201d. Are you actually getting financial advice \u2013 i.e. a personal recommendation relating to one or more specific investments, based on the investments' suitability for your circumstances \u2013 and are you content with the quality of that advice? If you are, it may be worth it. If they've advised you to choose this fund that has the potential to achieve your desired returns while matching the amount of risk you are willing to take, then the advice could be worth paying for. It entirely depends how much guidance you need. Or are you choosing your own fund anyway? It sounds to me like you have done some research on your own, you believe the building society adviser is \u201ctrying to sell\u201d a fund and you aren't entirely convinced by their recommendation. If you are happy making your own investment decisions and are merely looking for a place to execute that trade, the deal you have described via your bank would almost certainly be poor value \u2013 and you're looking in the right places for an alternative. ~ ~ ~ On to the active-vs-passive fund debate: That AMC of 1.43% you mention would not be unreasonable for an actively managed fund that you strongly feel will outperform the market. However, you also mention ETFs (a passive type of fund) and believe that after charges they might offer at least as good net performance as many actively managed funds. Good point \u2013 although please note that many comparisons of this nature compare passives to all actively managed funds (the good and bad, including e.g. poorly managed life company funds). A better comparison would be to compare the fund managers you're considering vs. the benchmark \u2013 although obviously this is past performance and won't necessarily be repeated. At the crux of the matter is cost, of course. So if you're looking for low-cost funds, the cost of the platform is also significant. Therefore if you are comfortable going with a passive investment strategy, let's look at how much that might cost you on the platform you mentioned, Hargreaves Lansdown. Two of the most popular FTSE All-Share tracker funds among Hargreaves Lansdown clients are: (You'll notice they have slightly different performance btw. That's a funny thing with trackers. They all aim to track but have a slightly different way of trading to achieve it.) To hold either of these funds in a Hargreaves Lansdown account you'll also pay the 0.45% platform charge (this percentage tapers off for portolio values higher than \u00a3250,000 if you get that far). So in total to track the FTSE All Share with these funds through an HL account you would be paying: This gives you an indication of how much less you could pay to run a DIY portfolio based on passive funds. NB. Both the above are a 100% equities allocation with a large UK companies weighting, so won't suit a lower risk approach. You'll also end up invested indiscriminately in eg. mining, tobacco, oil companies, whoever's in the index \u2013 perhaps you'd prefer to be more selective. If you feel you need financial advice (with Nationwide) or portfolio management (with Nutmeg) you have to judge whether these services are worth the added charges. It sounds like you're not convinced! In which case, all the best with a low-cost passive funds strategy."}
{"_id": "592907", "title": "", "text": "Usually their PE ratio will just be listed as 0 or blank.  Though I've always wondered why they don't just list the negative PE as from a straight math standpoint it makes sense. PE while it can be a useful barometer for a company, but certainly does not tell you everything.  A company could have negative earnings for a lot of reasons, some good and some bad.  The company could just be a bad company and could be losing money hand over fist, or the company could have had a one time occurrence such as a big acquisition or some other event that just affected this years earnings, or they could be an awesome high growth company that is heavily investing for their future and forgoing locking in profits now for much bigger profits in the future. Generally IPO company's fall into that last category as they are going public usually because they want an influx of cash that they are going to use to grow the company much more rapidly.  So they are likely already taking all incoming $$ and taking on debt to grow the company and have exceeded all of those options and that's when they turn to the stock market for the additional influx of cash, so it is very common for these companies not to have earnings.   Now you just have to decide if that company is investing that money wisely and will in the future translate to actual earnings."}
{"_id": "592914", "title": "", "text": "\"This is called \"\"change\"\" or \"\"movement\"\" - the change (in points or percentage) from the last closing value. You can read more about the ticker tape on Investopedia, the format you're referring to comes from there.\""}
{"_id": "592915", "title": "", "text": "Since you're coming out of college, you're probably a new investor and don't know too much about stocks, etc. I was in the same situation as well.  I wanted to keep my cash 'liquid' and wanted to make low risk investments. What I ended up doing was investing the majority of my money in higher interest GICs (Guaranteed Investment Certificate) and keeping the rest in my chequing/savings account. I understand that GICs aren't exactly the most liquid asset out there. However, instead of investing it all into 1 GIC, I put them in to smaller increments with varying lock-in times and roll-over options. I.e. for 15000 keep $3000 on hand in your account 2x$1000 invested for 2 years 4x$1000 invested for 1 year 3x$1000 invested for 180 days 3x$1000 invested for 90 days When you find that you run out of cash from your $3000, you'll have a GIC expiring soon.  The 'problem' with GICs is that redeeming them before the maturity period usually incurs a penalty in the form of no interest.  Keeping them in smaller increments allows you to redeem only the amount you need without losing too much interest.  At maturity, if you don't need the money, you can just have the GIC renew.   The other problem with GICs, is that interest rates, though better than savings accounts, aren't that much more.  You're basically just fighting off inflation.  The benefit is that on maturity, you are guaranteed your principal and the interest.   This plan is easy to implement if your bank/credit union allows you to create and manage GICs online."}
{"_id": "592920", "title": "", "text": "I was also disgusted that the Dems decided she was the chosen one, but she is not mentaly off the rails like Chump.\u00a0 What worried me about her is she blows with political winds and may have tried to prove herself tough by being a war hawk.\u00a0 I don't think she would have been nearly as dangerous and reckless, and certainly not as mean, absent and expensive as Chump."}
{"_id": "592926", "title": "", "text": "You will have to pay your taxes in the UK not USA. For tax purposes it is the company's tax residency not where the server is located. You are just hiring a server in USA. Take for example a CDN being used for your same service then would you pay taxes in 300 different countries if you use Akamai? Does not work that way."}
{"_id": "592940", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://qz.com/786382/monsanto-bayer-dupont-dow-chemical-and-syngenta-defend-their-coming-oligopoly-mon-dd-dow-syt/) reduced by 81%. (I'm a bot) ***** &gt; On Aug. 22, Chinese state-owned China National Chemical Corp. was cleared by US regulators to proceed with its $42 billion purchase of Swiss chemical and seeds company Syngenta.  &gt; Consumers advocates say they worry the mergers will usher in a &amp;quot;New era of sterile crops soaked in dangerous pesticides.&amp;quot; Farmers worry that less competition in the marketplace will give the merged companies an ability to increase prices of seeds and chemicals-something that would be particularly harmful during a time when US farm incomes are dropping.  &gt; It&amp;#039;s not just a case of American farmers needing more technologically advanced tools; it&amp;#039;s also a white flag from big agribusiness companies struggling with the fact that, despite all their efficiencies and inventions, the US market is demanding supplies that let farmers grow more profitable and less complicated organic and all-natural foods.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73b5kb/six_corporations_monsanto_bayer_dupont_dow/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219197 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **farm**^#2 **merger**^#3 **Chemical**^#4 **consumers**^#5\""}
{"_id": "592966", "title": "", "text": "On the face of it, it doesn't look like a very good deal - neither pension not annuity company are in it for the fun of it, so they'll take their cut from your money, and then invest it anyway. The rest depends on what they promise you - if they just promise you market returns then I don't see much sense to do it, you can do it yourself. If they promise you some pre-defined average return not depending on market conditions (and hope to get ahead by actually getting better return and pocket the difference) then it might make sense, if you are not a very proficient investor. This will get you a known benefit you can count on (at least if you get a company with good rating/insurance/etc.) without worrying about markets volatility and having to keep the discipline and calm when markets jump around. It may be hard, especially for somebody of advanced age.  Also, there's the part of government adding money - it depends on how much of it is added, is it enough to cover the extra fees?"}
{"_id": "592971", "title": "", "text": "I've been monitoring tickets to Hawaii from AZ for the past year or so and have not seen anything advertised under $650. It seems in the past every so often I'd get an email from Hawaiian air for a low fare of $380 or so. Sucks."}
{"_id": "592979", "title": "", "text": "\"I think there are two questions here: (a) Is it better to continue living with your parents while you save up for a bigger down payment on a house, or to move out as soon as possible? (b) Is it better to pay off a student loan and make a smaller down payment on the house, or to keep paying on the student loan and use the cash for a larger down payment on the house? Regarding (a), this is mostly a personal priorities question. You don't say if you're paying your parents anything, but even if you are, it's likely a lot less than the cost of your buying your own home. It is almost certainly ECONOMICALLY better to stay with your parents. But do you like living with your parents, and do they like having you around? Or are they pushing you to move out? Are you fighting with them regularly? Do you just like the idea of being more independent? If you'd prefer to have your own place, how important is it to you? Is it worth the additional cost? These are questions only you can answer. Regarding (b), you need to compare the cost of the student loan and the mortgage loan. Start with the interest rates of each. For the mortgage loan, if your down payment is below a certain threshold -- 20% last time I bought a house -- you have to pay for the lender's mortgage insurance, so add that in if applicable. If you are paying \"\"points\"\" to get a reduced interest rate, factor that in too. Then whichever is more expensive, that's the one that you want to make smaller. If one or both are variable rate loans (well, you say the student loan is fixed), than you have to guess what the rates might be in the future.\""}
{"_id": "593003", "title": "", "text": "He is worth $17.5 billion today Note that he is worth that dollar figure, but he doesn't have that many dollars. That's the worth of his stake in the company (number of shares he owns times the assumed value per share), i.e. assuming its total value being several hundreds of billions, as pundits assume. However, it is not a publicly traded company, so we don't really know much about its financials."}
{"_id": "593017", "title": "", "text": "\"I understood everything until \"\"Party B gets $3 from A but still owes his bank $4.25.\"\" Doesn't B only owe $3 to his bank after the prime is now 2%?  I understand though that B is paying out $4.25 but only receiving $3, thus having a net of -$1.25\""}
{"_id": "593027", "title": "", "text": "Linking life to work is the absurd part.  That's why I support  the universal basic income.  It eliminates the need for a minimum wage and goes some distance in decoupling human life from economic values.  Also what's up with the predominantly black neighborhood line?  If you meant poor area or bad part of town its better to use those words."}
{"_id": "593028", "title": "", "text": "\"&gt; Why not lobby for single-payer healthcare and a universal basic income like $1000/mo/adult and $500/mo/child?  I like both your ideas.  I don't know all the answers but I think our system can do better but I am fed up with trickle-down solutions like \"\"let the rich keep more of their money\"\" or \"\"let the free market work\"\".\""}
{"_id": "593029", "title": "", "text": "You are in a difficult situation because of US regulation, that is much more demanding to fulfill than in EU or rest of the world.  Second, Interactive Brokers stopped serving FX for US clients. Third, EU brokers - like Saxo Bank - don't accept US clients: Almost any private client can open an account with Saxo Bank, although there are few exceptions. You can\u2019t open an account if you are US, Iranian or North Korean resident - Brokerchooser: Saxo Bank Review Working for Brokerchooser, I would say you are limited to Oanda or Gain Capital. The latter is an ECN broker, and operates through other white label partners, you could try Forex.com also."}
{"_id": "593035", "title": "", "text": "P/E can use various estimates in its calculation as one could speculate about future P/E rations and thus could determine a future valuation if one is prepared to say that the P/E should be X for a company. Course it is worth noting that if a company isn't generating positive earnings this can be a less than useful tool, e.g. Amazon in the 1990s lost money every quarter and thus would have had a N/A for a P/E. PEG would use P/E and earnings growth as a way to see if a stock is overvalued based on projected growth. If a company has a high P/E but has a high earnings growth rate then that may prove to be worth it. By using the growth rate, one can get a better idea of the context to that figure. Another way to gain context on P/E would be to look at industry averages that would often be found on Yahoo! Finance and other sites."}
{"_id": "593045", "title": "", "text": "\"If you don't want to do the deep research on each individual company, you might want to look at index funds and similar \"\"whole market\"\" investments.\""}
{"_id": "593055", "title": "", "text": "There are things called food deserts, where fresh produce is simply not available, I'm talking about areas where you are *miles* away from the closest store with fresh produce, mostly in poor areas.  Add that into the minimal time afforded to actually get and prepare meals you can see that those people who most need the nutrition are least able to get it."}
{"_id": "593056", "title": "", "text": "The solar roof is more expensive until you factor in that you get free electricity for life after it's installed. That power has value. It reduces your electric bill.   If all you want is to cover your house, then use a tarp."}
{"_id": "593063", "title": "", "text": "Which of Lewis' facts are you taking issue with exactly? I guarantee that if there was a single untruth in the book, the HFT firms would have an army of lawyers suing Lewis, Katsuyama, the publisher, and anybody else they thought was unjustly accusing them of wrongdoing."}
{"_id": "593085", "title": "", "text": "Looks like it is a 20% penalty on the withdrawal (along with income tax).  Funds can be withdrawn for any reason, but withdrawals that are not for documented qualified medical expenses are subject to income taxes and a 20% penalty. The 20% tax penalty is waived for persons who have reached the age of 65 or have become disabled at the time of the withdrawal. Then, only income tax is paid on the withdrawal  Wikipedia HSA article Even though you are leaving the country, you still earned and contributed to the plan while you were working/living, so it is still subject to the taxes/laws in place. On a somewhat related note, check out this question here, as it may help you out a bit (similar but not really duplicate) - How do I withdraw all money from my HSA account as a non-resident?"}
{"_id": "593096", "title": "", "text": "This is one of the unfortunate flaws of democracy, a Demagogue can convince people to choose what is in the longer run bad for them. I would consider my self a democratic socialist and when I see what people vote for in some countries, like rising corporate tax to an insane amount that no companies will invest in said country (the opposite is ofc true)."}
{"_id": "593101", "title": "", "text": "Several things to consider: I don't see why your friend should pay any tax. It's not his income at all. And I am not sure where your income should be taxed in this scenario. Is he declaring it as his income somehow? The bank won't do it for him, the transfer as such should be transparent. On the other hand, money transiting on his account could in principle look suspicious, although \u20ac300 is unlikely to raise alarm. What I do know is that if you do pay taxes, 20% is not particularly high as such. There are four brackets of income tax (and tax-like contributions to the pension system) in the Netherlands, between 36.55% and 52%. Rates for personal taxes in the Netherlands are simply way higher than what you might be used to in Eastern Europe or what has been mentioned in comments.  In fact, if anything, 20% seems too low. I am at a loss guessing what it could correspond to, you could ask your friend how he came to that number. There various tax discounts (kortingen) and deductions (aftreken) that apply to freelance work (and some that apply to all incomes). \u20ac3000 yearly is quite low and would probably not be taxed at all if you were recently registered as freelance (zzp'er) in the Netherlands and had no other sources of income. But on the other hand, if your money is treated as being part of your friend's income, these wouldn't apply, as he is probably already benefiting from them. There are special rules for copyright fees. Not sure this is necessarily 100% kosher but I have met people who got paid that way for articles they wrote in trade publications."}
{"_id": "593111", "title": "", "text": "Ask the company if they can make an adjustment for the next paycheck. If they can't then do the following: Increase the number of Federal exemptions by 1. In 2014 a personal exemption reduces your apparent income by $3950.  If you are in the 10 % tax bracket and you are paid every two weeks you will see the amount of taxes withheld drop by ($3950*0.10/26) or ~$15. The 13 Paychecks later change it back. If you are in the 15 % tax bracket and you are paid every two weeks you will see the amount of taxes withheld drop by ($3950*0.15/26) or ~$23. Then 9 Paychecks later change it back If you are in the 25 % tax bracket and you are paid every two weeks you will see the amount of taxes withheld drop by ($3950*0.10/26) or ~$38. Then 5 paychecks later change it back. Remember the money isn't gone, it has just been transferred prematurely to the federal treasury.  You could also wait until you complete your taxes this spring, then see if you needed to make an adjustment to your exemptions. If you normally get a large refund then you should be increasing your exemptions anyway. If you are always writing a check to the IRS then you weren't getting enough withheld. Also make sure that payroll has the correct numbers. Most companies include the number of federal and state exemptions on the paycheck stub, or the pdf of the stub."}
{"_id": "593126", "title": "", "text": "I thought your answer was spot on until I read this  &gt;With a little cash, the government can get that industrial machine working at efficiency again.  What is the industry that Spain can offer the world on a profitable basis?  There may be one, but I'll need someone else to tell me."}
{"_id": "593133", "title": "", "text": "Since the tenant reportedly left money in your mailbox, and now the money is missing, a crime must have been committed.  As such, have her file a report with law enforcement and provide you with a copy of that report. Remind her that, for her safety, it is best to file the report during daylight hours with other people present. You didn't make it clear to your tenant the methods in which she could provide payment.  That was a mistake.  At the same time, her decision to leave cash in a mailbox was foolish. If she is willing to file a report with law enforcement and provide you with a copy, tell her that you will split the loss and only require half her rent as a one-time courtesy.  Make it clear that you are losing half the money too. If she is not willing to file a report, require the full rent."}
{"_id": "593134", "title": "", "text": "The gym I used to use was around \u00a335-40 a month, its quite a big whack but if you think about it; its pretty good value for money. That includes gym use, swimming pool use, and most classes Paying for a gym session is around \u00a36 a go, so if you do that 3 times a week, then make use of the other facilities like swimming at the weekends, maybe a few classes on the nights your not at the gym it does work out ok As for deals, my one used to do family membership deals, and I think things like referring a friend gives you money off etc. They will probably also put on some deals in January since lots of people want to give it a go being new year and all"}
{"_id": "593153", "title": "", "text": "Smartphone? GPS? If you have really absurd rules, your enforcers might require you to put up several signs to notify others about your policing of absurd acts like possessing dried plants in public, or whatever.  Humans, being smart and reactive (not passive) animals, will naturally gravitate towards the most reasonable rules and perhaps change their own to match the prevailing norms, because those who had absurd rules would not be dealt with much. Perhaps package deliveries would not be allowed to any house that allows murder, rape, theft... and nobody would want to do any business with someone who allowed violent crimes. They'd be ostracized. If humans can establish a complex internet system, complete with tubes and kitten pics, we can establish a way to let every property owner establish their own rules and then innovate from there with social and trade consequences for those who have stupid rules.  The basic premise is that, if you own your own house, you should have control over it, but you must pay the consequences if your rules make others not want to come or do any business with you. No monopoly should be able to apply their own rules against you. A texan like George Bush should have no power over a New York City resident, and vice versa."}
{"_id": "593173", "title": "", "text": "No not deductible. But - If you work more than one job, you run the risk of having too much SS withheld. Each employer doesn't know what the others pays you. Tax time reconciles this.  And much thanks to Dilip for the following clarification - Not only does each employer not know what the others pays you, but even if you tell him, he will not care. He is required to withhold Social Security tax on the wages he pays you (and send in an equal amount as his contribution) regardless of what anyone else pays you. If the sum of your taxable wages from all employers exceed the maximum wages subject to Social Security, the excess withholding is credited towards the income tax due (and thus reduces the amount to be paid or increases the refund you are owed) but the employer's (excess) contribution that he sent in is not returned to him..... Also, there is no such things as excess Medicare tax having been withheld because there is no maximum wage beyond which Medicare tax does not apply."}
{"_id": "593177", "title": "", "text": "It's easy to take the moral high ground on topics like these but when put into practice I don't know a single person who would live in a city/community/neighborhood where the majority of people were only skilled enough to work in a fast food setting"}
{"_id": "593178", "title": "", "text": "Best Buy places heavy emphasis on it's employees to sell Extended Warranty/Protection Plans. It is extremely annoying when they try to sell you a warranty on a $10 alarm clock - more so when the warranty cost more than the product. I avoid Best Buy as much as possible just because I don't wan't to hear the warranty pitch anymore."}
{"_id": "593179", "title": "", "text": "Start with real analysis before you jump into stochastic calculus. The two books I have (Oksendal: Stochastic Differential Equations and Steele: Stochastic Calculus and Financial Applications) both begin with formal algebraic set-theory definitions of probability spaces, random variables, functions, and stochastic processes. If you're not comfortable with that sort of language it's hard to gain traction in any further reading."}
{"_id": "593183", "title": "", "text": "\"My question is, using previous data how do I calculate my returns? \"\"Stupid\"\" is the person who does not ask. Better to have visited first, but even asking after the fact will get you an education, at a very low cost.  You would only see those returns had you invested at the beginning of the period advertised. \"\"Past results are not a guarantee of future returns.\"\"  Since we have no idea where you are in life, there's little advice I can give you except to invite you to learn. You can easily spend 100 hours on this Stack reading advice on the beginning investor, and every stage after that. We all needed to start somewhere, and in your case, just showing up was a great first step.\""}
{"_id": "593191", "title": "", "text": "One important thing that hasn't been mentioned here is that the vast majority of companies have eventually eliminated their Company provided Pension Plans and replaced it with a 401K with some degree of matching.  There is a cost advantage to doing this as companies no longer have to maintain or work to maintain a 100% vested pension plan.  This takes a great burden off them.  They also don't have to manage the pension/annuity that the retirement benefit entails."}
{"_id": "593197", "title": "", "text": "\"Can the companies from USA give job to me (I am from New Zealand)? Job as being employee - may be tricky. This depends on the labor laws in New Zealand, but most likely will trigger \"\"nexus\"\" clause and will force the employer to register in the country, which most won't want to do. Instead you can be hired as a contractor (i.e.: being self-employed, from NZ legal perspective). If so, what are the legal documents i have to provide to the USA for any taxes? If you're employed as a contractor, you'll need to provide form W8-BEN to your US employer on which you'll have to certify your tax status. Unless you're a US citizen/green card holder, you're probably a non-US person for tax purposes, and as such will not be paying any tax in the US as long as you work in New Zealand. If you travel to the US for work, things may become tricky, and tax treaties may be needed. Will I have to pay tax to New Zealand Government? Most likely, as a self-employed. Check how this works locally. As for recommendations, since these are highly subjective opinions that may change over time, they're considered off-topic here. Check on Yelp, Google, or any local NZ professional review site.\""}
{"_id": "593238", "title": "", "text": "It was the fact that they wanted to split the company in two, with two completely separate websites that didnt' talk to each other.  The DVD business still brings in a serious amount of their revenue, so they shouldn't be so quick to kill it off."}
{"_id": "593250", "title": "", "text": "This is not me but something that I follow quite closely.  From a finance/business perspective it will be very interesting to see how online video games will continue to develop into a spectator sport with leagues, sponsors, advertisers, and agents.  The prize pool for the [2014 International] (http://www.dota2.com/international/overview/) was over $10M raised by fans of the video game, greater than golf's [2014 Masters] (http://en.wikipedia.org/wiki/Masters_Tournament#cite_note-immelman-47) which paid out $9M.   The video game streaming service [Twitch was bought out by Amazon] (http://venturebeat.com/2014/08/26/amazons-twitch-acquisition-is-about-beating-google-and-apple/) just a few days ago for around $1B.  We're definitely in the wild west when it comes to video games."}
{"_id": "593251", "title": "", "text": "The Fed rate is so important because it sets a cost on lending institutions (banks, credit unions). It is the rate of interest that a bank gets by loaning its cash overnight to the Fed. Presumably, the Fed then loans the cash to other institutions around the world.  The banks loan money to individuals at a higher rate. Savers get a rate between what the Fed gives and what the bank gets. When times are tough the Fed will lower their rate to try to increase the lending that banks do. This is called Qualitive Easing.  The overnight rate is very low right now. That means that the Fed cannot lower rates to try to stimulate the economy. So to enable the Fed to do its voodoo they have to raise rates so that later they can lower them if needed."}
{"_id": "593258", "title": "", "text": "I cant be the only person who thinks these fines a ridiculous. First they end up hurting the shareholders, second no actual accountability is attained through these fines. You fine then, they squeeze their bottom line to pay it and its back to business as usual."}
{"_id": "593265", "title": "", "text": "Yup he sure is.  And he will be for possibly 3.5, possibly 7.5 more years.  But Derrick Rose is on a vet minimum and only 1 season under contract.  Is he going to have to prove himself every season now?  I mean with injuries as severe as he has had, I consider high level professional play to be a major success.  But a league where rose takes the early retirement only due to teams not making offers, now that is a league that I would be unhappy with"}
{"_id": "593270", "title": "", "text": "Yes, of course. Your business is active since it was established, it just didn't do anything. This is of course re the State taxes, the IRS considers LLC as a disregarded entity and it flows directly to your Schedule C if you're a single member, or your 1065 if you're multiple members. State of Texas never considers LLC as a disregarded (See here questions 13 and 14). You may not pay any taxes, but you have to file."}
{"_id": "593279", "title": "", "text": "If you are looking to hire a competent work injury attorney, then do your homework; research them, their work ethic, their commitment, their knowledge and record of winning. The right professionals have the experience to help people get what is owed to them"}
{"_id": "593283", "title": "", "text": "\"In double-entry bookkeeping, no transaction is ever negative. You only deal in positive numbers. We \"\"simulate\"\" negative numbers by calling numbers debits and credits, where one is the negative of the other. Only a balance can be negative. In this case, Income is a credit account. That means that things that increase your balance are credits and things that reduce your balance are debits. So a gift from grandma is a credit. It's a positive number, and you write it in the credit column. You pretty much never subtract from Income except to correct a mistake. Assets, like a checking account, are debit accounts. Increases are debits and decreases are credits. You routinely have both debits and credits on a checking account, i.e. you put money in and you take money out. Every transaction affects (at least) two accounts: one with a debit and one with a credit. So in this case, the gift from grandma credits income and debits checking. Buying food credits checking and debits expenses.\""}
{"_id": "593289", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/10/30/us/politics/trump-fed-jerome-powell.html) reduced by 90%. (I'm a bot) ***** &gt; Richard Fisher, a former president of the Federal Reserve Bank of Dallas, who worked with Mr. Powell at the Fed, said Mr. Powell &amp;quot;Is neither a hawk nor a dove.\"\"  &gt; Jon Faust, a professor of economics at Johns Hopkins University who worked with Mr. Powell at the Fed, said Mr. Powell had endeavored to understand monetary policy and had demonstrated a strong grasp of the subject.  &gt; The next year, President Barack Obama nominated Mr. Powell to the Fed alongside a Democrat, the Harvard economist Jeremy Stein, in a package deal that was meant to attract bipartisan support.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/79ujmq/trump_is_expected_to_name_jerome_powell_as_next/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~238151 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Powell**^#1 **Fed**^#2 **economic**^#3 **work**^#4 **policy**^#5\""}
{"_id": "593308", "title": "", "text": "&gt; Buffet could easily take the lead here by starting a company solely dedicated to paying off people's mortgages using his own money.  If he is right that would only fix a few symptoms of the problem and only for a short time.  The corrupt system would quickly overwhelm his actions."}
{"_id": "593325", "title": "", "text": "Excavators are adaptable machines and they can be utilized as a part of an assortment of ways. Other than burrowing or uncovering they can likewise be utilized to destroy dividers, lift inconvenient articles like logs, empty mud and slop out of pits and pools and so forth."}
{"_id": "593342", "title": "", "text": "The continent of Africa has lots of natural resources, but did not fare as well as the USA, so that alone doesn't explain everything. However, there was mass migration from the old world to the new world for the entire US history.  88 people control more wealth than the poorest half of the world (3.6B people or whatever). That is a relatively meaningless statistic, alone.  Thanks to automation and globalization, intellectual property, and access to capital, I see the trend continuing until 9 people control 99.9999999% of the world's wealth.  I may look up Ricardian theory."}
{"_id": "593356", "title": "", "text": "Fidelity Investments offers Solo 401(k) plans without any management fees. The plan administrator is typically the employer itself (so, your business, or you as the principal manager). You (as the individual employee) are the participant."}
{"_id": "593365", "title": "", "text": "This is a somewhat subjective question, but if you are following a particular personal finance methodology, just do whatever they recommend. For example, I believe that Dave Ramsey's program calls for the emergency fund to be in a different account."}
{"_id": "593371", "title": "", "text": "finance is far from a useless degree, as a whole the business school will have one of the highest employment rates for your college and within that school finance/accounting/maybe some sort of business information technology will be the 3 highest employment and starting salary.  You may not be driving an audi and wearing a nice suit while watching the market everyday, but a finance degree in competent hands will give you an extremely high chance at not having to work some retail or food job. Degrees don't equal jobs, not hard to major in finance or CS and get a minor in something related to the other. Not only doubles the job pool u can look at, but gives you a more specific set of skills that certain companies will be begging for"}
{"_id": "593373", "title": "", "text": "\"I would pay off the student loans first because they are unsecured.   Mortgage debt is against an appreciating asset and is therefore \"\"better\"\" than unsecured debt.   I recommend you pay both off, but start with the unsecured student loans.\""}
{"_id": "593377", "title": "", "text": "Good idea. That is enough money to never work again, if a life is well planned. A person does not need more than that, to have a happy and lengthy life, doing what they love.  I retired at 47 with less than this."}
{"_id": "593378", "title": "", "text": "To supplement Ben's answer: Following 'smart money' utilizes information available in a transparent marketplace to track the holdings of professionals.  One way may be to learn as much as possible about fund directors and monitor the firms holdings closely via prospectus. I believe certain exchanges provide transaction data by brokers, so it may be possible for a well-informed individual to monitor changes in a firms' holdings in between prospectus updates.  An example of a play on 'smart money':  S&P500 companies are reviewed for weighting and the list changes when companies are dropped or added. As you know there are ETFs and funds that reflect the holdings of the SP500.  Changes to the list trigger  'binary events' where funds open or close a position. Some people try to anticipate the movements of the SP500 before 'smart money' adjusts their positions. I have heard some people define smart money as people who get paid whether their decisions are right or wrong, which in my opinion, best captures the term. This Udemy course may be of interest: https://www.udemy.com/tools-for-trading-investing/"}
{"_id": "593418", "title": "", "text": "I wrote a bplan.  Went balls to the wall making it detailed.  Put it in a drawer and never looked at it again.    My recommendation is to not go into every detail.  I think the idea is to get a skeleton and then fill out a paragraph for each.  It makes you think about the aspects of starting a business that you may not have thought about.  Other than that, go get the book, Lean Startup by Eric Ries and read that to about 66% through... that ought to be enough for you to get going.  As you're business gets started and you mature fast enough, then read the remaining 33%."}
{"_id": "593433", "title": "", "text": "\"Is there anything to this?  I know China has been acquiring very large amounts of debt relative to their GDP, but it's almost all been thrown into infrastructure as far as I've heard... which is usually one of the best \"\"investments\"\" a country can make.  As someone who isn't an economist, this seems at least partially politically motivated, as the timing alone of this seems very suspect.  What's the other side of the coin on this one?\""}
{"_id": "593434", "title": "", "text": "Actually the extra payment comes off the back end of the mortgage. So technically the mortgage is ony reduced one month.  However, banks always recalculate the amortization table when the last payment is paid or a payoff amount is requested. There is a difference between the two situations but that is a minor amount. The 30 year note offers flexibility that the 15 does not. Pick one, save money-15 year, get flexibility-30 year."}
{"_id": "593445", "title": "", "text": "\"Brokerages offer you the convenience of buying and selling financial products. They are usually not exchanges themselves, but they can be. Typically there is an exchange and the broker sends orders to that exchange. The main benefit that brokers offer is a simpler commission structure. Not all brokers have their own liquidity, but brokers can have their own allotment of shares of a stock, for example, that they will sell you when you make an order, so that you get what you want faster. Regarding accounts at the exchanges to track actual ownership and transfer of assets, it is not safe to assume thats how that works. There are a lot of shortcomings in how the actual exchange works, since the settlement time is 1 - 3 business days, depending on the product (so upwards of 5 to 6 actual days). In a fast market, the asset can change hands many many times making the accounting completely incorrect for extended time periods. Better to not worry about that part, but if you'd like to read more about how that is regulated look up \"\"Failure To Deliver\"\" regulations on short selling to get a better understanding of market microstructure. It is a very antiquated system.\""}
{"_id": "593455", "title": "", "text": "You buy stocks for dividends over the long term.  If a share of stock pays $1.00 in dividends every quarter, that's four dollars a year.  If you bought it for $40, it pays out $4 in a year, and it's still worth roughly $40 at the end of the year, you're $4 richer.  People will often invest large amounts of money in stable stocks not planning to sell it, but only collect the dividends which are either re-invested or pulled out as income."}
{"_id": "593463", "title": "", "text": "This is such a wrong view point on it. The rest of the developed world disagrees with you.   Why stop there, they should bring back slavery, imagine all the new business that will be profitable if we had slaves."}
{"_id": "593475", "title": "", "text": "There are more than a few ideas here. Assuming you are in the U.S., here are a few approaches: First, DRIPs: Dividend Reinvestment Plans. DRIP Investing: How To Actually Invest Only A Hundred Dollars Per Month notes:  I have received many requests from readers that want to invest in   individual stocks, but only have the available funds to put aside $50   to $100 into a particular company. For these investors, keeping costs   to a minimum is absolutely crucial. I have often made allusions and   references to DRIP Investing, but I have never offered an explanation   as to how to logistically set up DRIP accounts. Today, I will attempt   to do that. A second option, Sharebuilder, is a broker that will allow for fractional shares. A third option are mutual funds. Though, these often will have minimums but may be waived in some cases if you sign up with an automatic investment plan.  List of mutual fund companies to research. Something else to consider here is what kind of account do you want to have?  There can be accounts for specific purposes like education, e.g. a college or university fund, or a retirement plan. 529 Plans exist for college savings that may be worth noting so be aware of which kinds of accounts may make sense for what you want here."}
{"_id": "593480", "title": "", "text": "Yes, at that stage income is income regardless of source. Assuming you're talking about overall profit, not just the individual wins when gambling."}
{"_id": "593521", "title": "", "text": "From my 15 years of experience, no technical indicator actually ever works. Those teaching technical indicators are either mostly brokers or broker promoted so called technical analysts. And what you really lose in disciplined trading over longer period is the taxes and brokerages. That is why you will see that teachers involved in this field are mostly technical analysts because they can never make money in real markets and believe that they did not adhere to rules or it was an exception case and they are not ready to accept facts. The graph given above for coin flip is really very interesting and proves that every trade you enter has 50% probability of win and lose. Now when you remove the brokerage and taxes from win side of your game, you will always lose. That is why the Warren Buffets of the world are never technical analysts. In fact, they buy when all technical analysts fails. Holding a stock may give pain over longer period but still that is only way to really earn. Diversification is a good friend of all bulls. Another friend of bull is the fact that you can lose 100% but gain any much as 1000%. So if one can work in his limits and keep investing, he can surely make money. So, if you have to invest 100 grand in 10 stocks, but 10 grand in each and then one of the stocks will multiply 10 times in long term to take out cost and others will give profit too... 1-2 stocks will fail totally, 2-3 will remain there where they were, 2-3 will double and 2-3 will multiply 3-4 times. Investor can get approx 15% CAGR earning from stock markets... Cheers !!!"}
{"_id": "593525", "title": "", "text": "\"&gt;Can you learn how to evaluate operations efficiency without working at McKinsey?  Look up MBA course schedules, operations management, look at books in this area.  &gt; Also, how many people does McKinsey employ?   Learn to use Google.  &gt;Do they just do all of the training for the consulting field?  Search for companies in \"\"management consulting\"\".  You will find Bain, Boston Consulting, etc.  Use google to search for \"\"McKinsey Competitors\"\"\""}
{"_id": "593547", "title": "", "text": "The Bank have risk. In goods, thrre are two profiles, essentially it can be convenient and hence the usage, pay off monthly or spending future earnings today for luxury. The way cash advance is seen, emergency, ran out of cash in foreign/remote location... Debit cards not working etc. One generally needs small amount of cash. The other segment is loss of income. Essentially I have run out of cash and I need to borrow. This is additional risk and hence is limited or curtailed."}
{"_id": "593554", "title": "", "text": "The slips from your bank for your HSA account are for an account already established and thus the bank is willing to accept your deposits even if they arrive at the bank after the April 15 deadline, as long as the postmark  is April 15 or earlier. The account exists in the bank, they know who you are, and that the payment is received after April 15 is just due to the normal (or even abnormal) delays in postal delivery. For the new account that you tried to establish (with appropriate notarization and timely postmark etc), the credit union could not  have received the paperwork as of the close of business on April 15 (except in the very unlikely circumstance that a local letter deposited in the mailbox in the morning gets delivered the same day by USPS: don't extrapolate from stories of how mail was delivered in London in Victorian times). Ergo, you did not  have an HSA account in the credit union as of April 15, and they are perfectly correct in refusing to open an account with a April 15 date and put money into it for the previous tax year. To answer the question asked:  Are they allowed to ignore the postmark date? Yes, not only are they allowed to ignore the postmark date, the IRS insists that they ignore the postmark date. The credit union prefers to report only the truth: as of April 15, you had not established an HSA account as of April 15; to say otherwise would be making a false statement to the IRS."}
{"_id": "593556", "title": "", "text": "In that case, put it in a high yield savings account until you are ready to invest it. $15000 is really small, especially for starting a business. Additionally, your plan is just to throw the money at whatever you can, which means you have no real plan. Sit on it and think."}
{"_id": "593571", "title": "", "text": "\"AOL Mail (stylized as Aol Mail) is a free web-based email service provided by AOL, a division of Verizon Communications. The service is sometimes referred to as AIMMail where \"\"AIM\"\" stands for AOL Instant Messenger.For any issue call toll free number +61-283206015 to get quick solution.\""}
{"_id": "593585", "title": "", "text": "It's not a problem. Tesla is in business of selling it vehicles. If their employees have so much confidence in their cars that they're willing to put their own money into it, that should only give us non employees more confidence."}
{"_id": "593591", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-trade-nafta-mexico-idUSKCN1B91JQ) reduced by 45%. (I'm a bot) ***** &gt; MEXICO CITY - There is a serious risk that the United States could withdraw from the North American Free Trade Agreement, and Mexico must have a &amp;quot;Plan B&amp;quot; for that eventuality, Economy Minister Ildefonso Guajardo was quoted as saying on Tuesday.  &gt; Talks on renegotiating the accord between the United States, Canada and Mexico began earlier this month, and the next round of discussions are due to begin on Friday in Mexico City.  &gt; &amp;quot;The best thing Mexico can do given the atypical nature of the negotiation is to have an alternative plan, clear and pragmatic, to face something that is not our objective, but which may be the result of a process that does not move forward,&amp;quot; Guajardo told El Economista.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wt7cw/mexico_minister_sees_risk_of_us_nafta_exit_flags/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~200668 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **MEXICO**^#1 **Plan**^#2 **States**^#3 **United**^#4 **Guajardo**^#5\""}
{"_id": "593621", "title": "", "text": "I am a web developer by day and financial systems programmer by night.  You'll need to learn a compiled language and how to scale data storage if you want to code for finance. I would suggest you learn C# or Java if you really want a decent gig programming in the finance industry. Anybody using PHP and API's to trade isn't somebody you want to work for. It will cause way more headaches than it's worth and you miss opportunities due to speed and efficiency of a language like PHP. You will hit a wall with it at some point (some problem/bug/whatever that can't be solved), and it will really bring you down when you realize it has to be re-done in another language. That being said, PHP is great for the front end (showing people the data and letting them search etc), but the core of it that grabs stats and does the calculations should be in a compiled language.   PHP can also be used to quickly test ideas to see if it's worth building a full system that will scale. Basically a rough draft of the program to see if it's going to work out. Why? Well in PHP you can get things done very quickly with very little code because a large amount of libraries and functions exist and it's a very easy language to understand. But it's not efficient, and that's why you create the real deal program using C, C#, or java, or whatever.  Scalability of data storage will be important to. You'll need to store a ton of information and you'll need to be able to sort/change/remove/add it quickly. Many databases already exist to do this and I see you know MySQL already a good bit. You'll need to get very familiar with it because the database is going to be your biggest bottleneck in terms of speed. It doesn't matter how well your software works if the database is taking 5 seconds to return a query. Learn to tweak MySQL, learn about MSSQL, look into Firebird. Also learn about at least one NoSQL storage solution (these databases can store a massive amount of information, but they work differently than a sql database does). I would recommend learning MongoDB if you already know PHP. It is a good transition from SQL style databases to Key Storage databases.   Hope this helps..."}
{"_id": "593623", "title": "", "text": "The government employs 13 million people. Not even including that small time construction guy paid to redo the sidewalk at the city hall. Or money given in grants for research employing scientists. That's 1 out of 10 good paying jobs. But yeah let's pretend increasing taxes on less than 1% of the population, and 500 companies out of 28 million is worse than lowering it, and firing chunks of 13 million employees."}
{"_id": "593628", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://cep.lse.ac.uk/pubs/download/dp1503.pdf) reduced by 99%. (I'm a bot) ***** &gt; Alternative risk outcomes All risk outcomes capture ex-post risk realizations rather than ex- ante risks.  &gt; 4.8 1.2 1.6 Figure 2: Positive Correlation Tests - Dynamics t+1 t+2 t+3 t+4 t+5 t+6 Displacement Probability in Year t+k t+7 t+8 Notes: Risk realization in t + 1 may fail to fully capture the unemployment risk faced by an individual as she is making her coverage choice at time t, which justifies using risk realizations for that individual further into the future.  &gt; 05 Individual-level model &amp;beta;OLS =.082 &amp;beta;2SLS =.245 0.05.1.15 Firm Displacement Risk in t.2 Notes: The Figure uses cross-sectional variation in displacement risk across firms as a risk shifter to estimate how UI coverage choices react to variation in risk that is not driven by individual moral hazard.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76t73y/lse_riskbased_selection_in_unemployment_insurance/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229382 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **risk**^#1 **coverage**^#2 **individual**^#3 **work**^#4 **selection**^#5\""}
{"_id": "593644", "title": "", "text": "NSCC illiquid charges are charges that apply to the trading of low-priced over-the counter (OTC) securities with low volumes. Open net buy quantity represents the total unsettled share amount per stock at any given time during a 3-day settlement cycle. Open net buy quantity must be less than 5,000,000 shares per stock for your entire firm Basically, you can't hold a long position of more than 5 million shares in an illiquid OTC stock without facing a fee. You'll still be assessed this fee if you accumulate a long position of this size by breaking your purchase up into multiple transactions. Open net sell quantity represents the total unsettled share amount per stock at any given time during a 3-day settlement cycle. Open net sell quantity must be less than 10% percent of the 20-day average volume If you attempt to sell a number of shares greater than 10% of the stock's average volume over the last 20 days, you'll also be assessed a fee. The first link I included above is just an example, but it makes the important point: you may still be assessed a fee for trading OTC stocks even if your account doesn't meet the criteria because these restrictions are applied at the level of the clearing firm, not the individual client.  This means that if other investors with your broker, or even at another broker that happens to use the same clearing firm, purchase more than 5 million shares in an individual OTC stock at the same time, all of your accounts may face fees, even though individually, you don't exceed the limits. Technically, these fees are assessed to the clearing firm, not the individual investor, but usually the clearing firm will pass the fees along to the broker (and possibly add other charges as well), and the broker will charge a fee to the individual account(s) that triggered the restriction. Also, remember that when buying OTC/pink sheet stocks, your ability to buy or sell is also contingent on finding someone else to buy from/sell to. If you purchase 10,000 shares one day and attempt to sell them sometime in the future, but there aren't enough buyers to buy all 10,000 from you, you might not be able to complete your order at the desired price, or even at all."}
{"_id": "593671", "title": "", "text": "It seems too simple, but at the same time I feel that I'm over thinking/complicating things. My biggest fear is being sued or something. I feel like business ownership involves exposing yourself. It's like you're playing in the big leagues and every crooked person or competing business is out to get you. I'm not an expert on business law but I feel like that's something you largely acquire from business ownership and at the same time is something that you need to have an extremely firm grasp on or you'll get eaten alive. If I am over-complicating things and being overly cautious, what stops others from starting up small businesses? My second fear is getting busted for breaking some unknown law. In any case, I don't want to loose all of my hard-earned cash to anything accept a bad business plan."}
{"_id": "593681", "title": "", "text": "Just common courtesy.  It seems to me that some people bring their extremely rough social skills from their home life and apply it to work.  There does not seem to be any training at all on how to greet people and what is appropriate behavior.  A lot of this, I'm sure, is regional.  When I visit other parts of the country I do notice a marked difference.  The retail drones in NY are *particularly* awful."}
{"_id": "593694", "title": "", "text": "\"1. What forms do I need to file to receive money from Europe None. Your client can pay you via wire transfer. They need to know your name, address, account number, and the name of your bank, its SWIFT number and its associated address. The addresses and names are required to make sure there are no typos in the numbers. 2. What forms do I need to file to pay people in Latin America (or any country outside the US) None. 1099s only need to be filled out when the contractor has a US tax ID. Make sure they are contractors. If they work for you for more than 2 years, that can create a problem unless they incorporate because they might look like \"\"employees\"\" to the IRS in which case you need to be reporting their identitites to the IRS via a W-8BEN form. Generally speaking any foreign contractor you have for more than 2 years should incorporate in their own country and you bill that corporation to prevent employee status from occurring. 3. Can I deduct payments I made to contractors from other countries as company expense Of course.\""}
{"_id": "593696", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [This Chinese company creates a platform that allows people to buy time of their favorite\u2026](https://np.reddit.com/r/talkbusiness/comments/783vxj/this_chinese_company_creates_a_platform_that/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "593698", "title": "", "text": "SPY is up 29% YTD. If you are 100% S&P and not up 28.9% plus your deposits, I'd be concerned \u2014 check your fund's management fees. Are you calling a top?  Proper asset allocation would adjust holding on a regular basis. At the simplest level, say 70% S&P 30% short term/bond fund. It's time to re-adjust to the mix that's right for you, and not market-time. If 2014 sees a huge drop, the re-allocation to 70/30 buys back in at a lower price. If up again, a bit gets shifted out. Last, it makes sense for your deposits to match your allocation split, to lessen the divergence from your target numbers. Note: Asset allocation is a bit more complex than I just described. A good thing to research a bit. (Happy to see someone edit a couple good references here, especially if they aren't looking to offer a full response.) Here are a few choice questions on this site that are related to asset allocation:"}
{"_id": "593700", "title": "", "text": "We go for the lesser of two evils, which would be Obama. You may not think he differs significantly from Bush, but he *does* differ. Romney would be indistinguishable from Bush in terms of economic policy. More tax cuts, more austerity and more invocations of the Free Market Fairy to solve the economy through magic.  In the meanwhile we start building support for a strong candidate in 2016, someone who actually represents us instead of the 1%."}
{"_id": "593705", "title": "", "text": "This is a big and complex topic, but it's one I think people get wrong a lot.  There's a lot of ways to treat a child's pocket money: Tell a kid that they're getting $10/week allowance.  Help them keep it safe, but don't give them access to it: Put it in a drawer in your office, or a piggie bank on a high shelf.  Encourage them to save up for a big purchase.  Help them decide what to spend it on.  When they find something they want, talk it over with them to make sure it's right for them. This seems like a good approach, because it encourages thrift, long term thinking, savings, and other important elements of real life.  But it's a TERRIBLE idea.  All it does is make the child think of it as if it wasn't really their money.  The child gets no benefits from this, and will certainly not learn anything about savings. Give the kid $10/week.  Full stop. This seems like a bad idea, because the kid is just going to waste it.  Which they will.  :)  That's the point!  There's NO way to learn except by experience. Try and shift control of discretionary spending to the child as and when appropriate.  Give them some money for clothes, or a present for their birthday, and let them spend it.  If they're going to be spending all day at some event, give them money for lunch.  And if they misspend it - tough!  No kid is going to starve in one day because the spend their lunch money at a video arcade, but they will learn a valuable lesson.  :) You have to be careful here of two mistakes.  First, only do this for truly discretionary spending.  If your kid needs clothes for school, then you better make sure they actually buy it.  Second, make sure that you don't end up filling in the gaps.  What you're teaching here is opportunity costs, and that won't work if your child gets to have his cake and eat it too.  (Or go to the movies and STILL get that new Xbox game.) Have them get a job.  And, it should go without saying, give them control of the money.  It's incredibly tempting to force them to save, be responsible, etc.  But all this does is force them to look responsible...for as long as their under your thumb.  Nothing will impart the lessons about why being responsible is important like being irresponsible.  And it's sure as hell better to learn that lesson with some paper route money when your 14 than with your rent money when your 24..."}
{"_id": "593706", "title": "", "text": "Hello i am Anushka from Bangalore city i am providing independent, girls, housewife and rich lady for man satisfaction in Bangalore city, I am a 25 old young female and i am promoting this agency for gentlemen who love fun, excitement. Call me 07759099020  http://www.anushkaraj.in"}
{"_id": "593708", "title": "", "text": "You are purchasing an Asset, I believe."}
{"_id": "593710", "title": "", "text": "I wouldn't be so sure. There are many, many articles and under cover investigations mentioning poor working conditions. That shows to me that it is institutional. As founder / CEO / chairperson, for better or for worse the responsibility is ultimately his.   I wouldn't call him greedy but thrifty, sure. Doesn't he drive a 20 year old Volvo? Good on him - just don't become too thrifty to the point it negatively impacts your employees wellbeing (I'm not saying at all that it is amazons fault that some of their employees sleep in tents outside the factory, but It's the only business in the UK I've heard this happen at. Shows there is *something* going on)."}
{"_id": "593749", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-18/conservatives-campaigning-against-yellen-s-reappointment-to-fed) reduced by 83%. (I'm a bot) ***** &gt; House conservatives have mounted a campaign to urge President Donald Trump not to reappoint Federal Reserve Chair Janet Yellen, who is expected to meet with him on Thursday as the president narrows his search for the next leader of the U.S. central bank.  &gt; Representative Warren Davidson, an Ohio Republican and member of the conservative House Freedom Caucus, is circulating a letter for colleagues on the House Financial Services Committee to sign against Yellen&amp;#039;s re-appointment, he said.  &gt; Yellen reached out lawmakers at the start of her term in 2014 but her relationship with conservatives has remained tense.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77hskt/conservatives_are_campaigning_against_yellens/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231560 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Yellen**^#1 **Fed**^#2 **President**^#3 **Trump**^#4 **House**^#5\""}
{"_id": "593753", "title": "", "text": "\"I said \"\"most\"\" sir, not \"\"all\"\". Maybe a MA in Philosophy might help =)  In all seriousness, you could learn Math without going to school just the way you could learn law without going to school. Your premise is that you don't need to go to Bschool to learn business..so yeah.\""}
{"_id": "593760", "title": "", "text": "I am not familiar with the startup you mentioned, but in general there are three approaches to avoid losing money in insurance business: review before policy is issued (underwriting) review before claim is paid (claims handling) setting high enough rates to cover underwriting losses The fact that Trov is customer friendly / lax (make your choice of term) when issuing a policy says nothing about their rates or claims payment. It is even possible they are building a portfolio for sale, and do not really care about the claims performance (policies are sold / customers acquired now, and it takes a time for claims to arrive)."}
{"_id": "593761", "title": "", "text": "\"If you are afraid of your government defaulting, then you also have reason to fear that your country's so-called \"\"AAA\"\" corporate bonds might not be a safe investment.  When governments default, they often do things like: In these scenarios, it is not predictable whether government bonds will suffer more or less than any particular corporate bonds. You might want to diversify into precious metals, foreign currencies, and/or foreign securities.  For the most security, you might want to choose investment vehicles that your government would have a hard time confiscating.  Of course, you will face currency fluctuation risks if you do so.\""}
{"_id": "593790", "title": "", "text": "\"Beyond the yield/price relationship, a good intuitive way to understand it is just this: these people control a substantial amount of money that could be essentially loaned to governments.   If they feel a particular policy is likely to lead to inflation or default, they may decide not to loan that country any more money.  All else being equal, with a smaller supply of possible borrowers, the country will have to pay higher interest to fund a particular amount of debt. Furthermore they may loudly publicly announce that they will no longer lend to that country, in which case other participants may be persuaded that they too should no longer lend at the going rate.  What's more, this is somewhat self-fulfilling: as rates go up, the country will spend more money servicing its debt, and will in fact become a worse risk.   So I think the thing that gives them their \"\"vigilante\"\" nature is that governments worry they will round up a posse and things will run away.  As far as actual incentives, I would welcome more information but I think the main bond vigilante case is that they are basically long on the country but want it to tighten up its policy so their existing holdings don't decline.\""}
{"_id": "593795", "title": "", "text": "\"Yeah, this isn't much better than the decline of retail drivel, arguably it's a more repeated storyline that completely misses the roots.    Failing to \"\"innovate\"\" with \"\"high touch\"\" tactics didn't kill Toys R Us.  That's irrelevant.  They had a culture going back years that wasn't customer-first driven, they wanted to completely own the toy market  and made several terrible decisions when they didn't get their way.    They partnered with Amazon to be their exclusive toy supplier, ToysRUs becomes the world's largest toy site, all good.  Then, Amazon true to its mission allowed any toy supplier to sell on Amazon Marketplace.    Instead of embracing collaboration, Toys R Us threw a hissy fit.  They wouldn't accept Amazon's generous to make any new products that they launched still exclusive, not allowing anyone else to offer it.    Toys R Us sales are going up during this time, mind you because of larger selection brings more customers and everyone benefits.    Toys R Us' executives continue to whine and throw a suit.  After 5 years, Amazon just settles and gives them a pay-off.  Toys R Us raises funding and goes their own way with their own site.    But obviously in a competitive space as retail where customer first matters, Toys R Us' decision to destroy their Amazon partnership killed Toys R Us.\""}
{"_id": "593820", "title": "", "text": "Inflation is good for the economy primarily because it is an incentive to invest.  If inflation is occurring, then keeping your holdings in cash is a net loser; 5% inflation means that in a year, your $100 is now worth $95.24 (1/1.05), so unless you're getting really good interest, that's a bad thing.  On the other hand, if you invested that $100 in a business, you can outgain inflation more easily since inflation should drive the business's profits. Deflation (negative inflation), on the other hand, is bad for investing because it encourages holding cash.  If deflation of 5% occurs, then you can get a 5% ROI by simply holding onto twenty dollar bills; why would you invest in a business that was in a deflationary economy (and thus would likely earn less money)? Mild inflation also increases flexibility in the economy, because businesses make a little more money (in terms of denominated money); that allows them more flexibility in expansion.  Salaries for some also go up, meaning that spending goes up, and often with more flexibility in how those salaries are spent; inflation doesn't hit all sectors exactly the same, so often this leaves significant portions of the middle class with more money to spend (and thus driving economic growth). More than salary growth, though, inflation seems to drive job creation.  From the New York Times, this article quotes a paper by George Akerloff which shows that job creation tends to be more significant than rising salaries during periods of low inflation (ie, what we're talking about here).  Salary increases will come here largely from job seeking rather than raises, because businesses don't tend to cut wages and thus are reticent to significantly raise salaries; they'd rather just hire more people, and then cut jobs when the economy weakens (or inflation drops).  This is even more true in low wage jobs, such as minimum wage positions, where wages cannot be cut but salary increases have little real effect on job retention; it's easier to change the number of hours for PT employees, or the number of PT/FT employees. Deflation, on the other hand, leads to decreased flexibility, layoffs, and lower consumer spending.  While it sounds good to say 'hey, prices are going down!' to your average consumer, you have to keep in mind that those prices are what keep the businesses going that drive our economy and pay your salary (either directly or indirectly).  If your employer started making 5% less per year, do you think they'd keep you employed?  Maybe not, and at the bottom (service industries, fast food restaurants, grocers, etc.) there would be significant cutbacks if deflation hit them. I would note that 5% inflation is probably a bit high; most economists like 2% to 3%, and the Federal Reserve has said that 2% is the right target.  They're mostly concerned with avoiding deflation, as that's a big risk to the economy; the advantages of mild inflation are relatively minor, compared to the damages of deflation, and tend to be more correlations (you get mild inflation in a good economy, as much or more than you need mild inflation for a good economy). Most important, probably, is consistent inflation.  Consumers and businesses can act rationally if the inflation rate is relatively stable and predictable.  When inflation jumps or drops, it changes the potential outcomes for choices made by investors, consumers, and businesses, meaning choices they made in the past are now suboptimal; if the inflation rate is jumping around (1% one year, 4% another, -1% the next) investors, businesses, and consumers will be relatively conservative in their choices, which leads to a bad economy."}
{"_id": "593826", "title": "", "text": "No. Because the force required to deter a Russian invasion is a bell of a lot less than what the US is building up.   You are still in Afghanistan 15 years later. Europe doesn't need to build force to do stuff like that."}
{"_id": "593828", "title": "", "text": "I'm used to reddit being much more harsh. I fully welcome advice. I have been struggling with my experience and I thank you for taking the time.  I just figured the company would say bad things about me if I jumped shipwhen it didn't work for me and they didn't have a backup. I suppose one could sue them if they say bad things? But this place was not even following OT laws or their own OT rules and it is 9 year old company. If they get audited they will literally lose millions, and yet they never have? Idk how this stuff works."}
{"_id": "593844", "title": "", "text": "When you do finance problems the first thing you need to think about is how the interest is accrued. Is it monthly semi annually or yearly? Once you understand the period of time on the interest and payments it\u2019ll help you understand these problems more. Also a good thing to memorize is converting from EAR to APR. and APR to EAR. You\u2019ll use that a lot. Good luck!"}
{"_id": "593850", "title": "", "text": "\"You're right.  I did include \"\"is it reasonable\"\" in the title.  Therefore that brings in the acceptability of those taxes.  However I am making the case that I would like capital gains to be taxed most similarly to regular income (or at least in a parallel bracket), which is independent of the amount needed to be brought in.  I think parallel brackets would be the most productive since it would encourage people to both produce and invest, because you would get the lowest taxes by maximizing both.\""}
{"_id": "593852", "title": "", "text": "The key is whether you plan to stay in Sweden forever, or plan to move back to Brazil after completion of 2 years. If you have not decided, best is stay invested in Brazil. Generally markets factor in currency prices so if you move the money into Krona and try and move it back it would in ideal market be more or less same. In reality it may be more or less and can't be predicted."}
{"_id": "593868", "title": "", "text": "I have thrown the book away along time ago so I can't point to the specific chapter and page. It's in there. The book is garbage and the author is scam artist. If you're holding a copy in your hand I would tell you to look in the references but wait...it doesn't have any."}
{"_id": "593879", "title": "", "text": "\"A diversified portfolio (such as a 60% stocks / 40% bonds balanced fund) is much more predictable and reliable than an all-stocks portfolio, and the returns are perfectly adequate. The extra returns on 100% stocks vs. 60% are 1.2% per year (historically) according to https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations To get those average higher stock returns, you need to be thinking 20-30 years (even 10 years is too short-term). Over the 20-30 years, you must never panic and go to cash, or you will destroy the higher returns. You must never get discouraged and stop saving, or you will destroy the higher returns. You have to avoid the panic and discouragement despite the likelihood that some 10-year period in your 20-30 years the stock market will go nowhere. You also must never have an emergency or other reason to withdraw money early. If you look at \"\"dry periods\"\" in stocks, like 2000 to 2011, a 60/40 portfolio made significant money and stocks went nowhere. A diversified portfolio means that price volatility makes you money (due to rebalancing) while a 100% stocks portfolio means that price volatility is just a lot of stress with no benefit. It's somewhat possible, probably, to predict dry periods in stocks; if I remember the statistics, about 50% of the variability in the market price 10 years out can be explained by normalized market valuation (normalized = adjusted for business cycle and abnormal profit margins). Some funds such as http://hussmanfunds.com/ are completely based on this, though a lot of money managers consider it. With a balanced portfolio and rebalancing, though, you don't have to worry about it very much. In my view, the proper goal is not to beat the market, nor match the market, nor is it to earn the absolute highest possible returns. Instead, the goal is to have the highest chance of financing your non-financial goals (such as retirement, or buying a house). To maximize your chances of supporting your life goals with your financial decisions, predictability is more important than maximized returns. Your results are primarily determined by your savings rate - which realistic investment returns will never compensate for if it's too low. You can certainly make a 40-year projection in which 1.2% difference in returns makes a big difference. But you have to remember that a projection in which value steadily and predictably compounds is not the same as real life, where you could have emergency or emotional factors, where the market will move erratically and might have a big plunge at just the wrong time (end of the 40 years), and so on. If your plan \"\"relies\"\" on the extra 1.2% returns then it's not a reasonable plan anyhow, in my opinion, since you can't count on them. So why suffer the stress and extra risk created by an all-stocks portfolio?\""}
{"_id": "593893", "title": "", "text": "That's because the telecommunication companies of America were given over $200 Billion in tax breaks to bring broadband to every rural area of America in the 90s. Instead they um, they did nothing.   I have family that can barely get a cell signal on their phone and can only get dial-up but can literally see Buffalo from their backyard. At night they can see lights in Canada across the lake. On the plus side they live in a big beautiful renovated farm house and made plenty of money investing off Baron's and other printed reading material, raised a valedictorian and can still collect the items they like on eBay."}
{"_id": "593904", "title": "", "text": "Dog walking business. Sounds stupid but it works around here. My gf currently walks a ton of dogs and we decided to just make it into a business and eventually hire people. Her schedule is full and she just can't walk every persons dog who contacts us, which is why we went this route.   Edit: Oh, and very very far. About 2,500 miles. I'm on the east coast."}
{"_id": "593938", "title": "", "text": "\"This may be relevant: it suggests that IRS is lenient with the attachment of the form with 1040. To paraphrase: \"\"The ruling involved a taxpayer who timely filed the election with the IRS within 30 days of the property transfer but who did not attach a copy of the election to his or her Form 1040 for the year of the transfer.  Fortunately for the taxpayer in question, the ruling indicated that the submission of the election to the IRS within 30 days of the property transfer fulfilled the requirements for a valid election, and the failure to attach the copy to the tax return did not affect the validity of the election.  The IRS requested that the taxpayer forward a copy of the election to the IRS to be associated with the processing of the tax return. - See more at: http://www.bnncpa.com/services/employee_benefit_plans/blog/irs_rules_that_failure_to_attach_83b_election_to_form_1040_did_not_invalida#sthash.0c3h2nJY.dpuf\"\" If someone wants to grok the IRS ruling: http://www.irs.gov/pub/irs-wd/1405008.pdf And this is the article where I saw the above referenced. www.bnncpa.com/services/employee_benefit_plans/blog/irs_rules_that_failure_to_attach_83b_election_to_form_1040_did_not_invalida\""}
{"_id": "593944", "title": "", "text": "If you literally know almost nothing?  I suggest:  1) learn financial terms, such as going through a glossary  2) learn how to read financial statements (balance, income, and cash flow sheets)  edit:   If you mean just in terms of a job?  I have no advice other than to keep your mind open, adapt, and be proactive/enthusiastic."}
{"_id": "593951", "title": "", "text": "\"You're correct that the trading costs would be covered by the expense ratio. Just to be clear here, the expense ratio is static and doesn't change very often. It's set in such a way that the fund manager *expects* it to cover *all* of their operational costs. It's not some sort of slider that they move around with their costs.  I'm not familiar with any ETF providers doing agreements which cover rent and equipment (hedge funds do - see \"\"hedge fund hotels\"\"). ETF providers do routinely enter into agreements with larger institutions that cover stuff like marketing. PowerShares, for a while, outsourced all of the management of the Qs to BNY and was responsible solely for marketing it themselves.\""}
{"_id": "593962", "title": "", "text": "In my opinion, the fee is criminal.  There are ETFs available to the public that have expenses as low as .05%. The index fund VIIIX an institution level fund available to large 401(k) plans charges .02%. I'll pay a total of under 1% over the next 50 years,  Consider that at retirement, the safe withdrawal rate has been thought to be 4%, and today this is considered risky, perhaps too high. Do you think it's fair, in any sense of the word to lose 30% of that withdrawal?  Another angle for you - In my working years, I spent most of those years at either the 25% or 28% federal bracket taxable income. I should spend my retirement at 15% marginal rate. On average, the purpose of my 401(k) was to save me (and my wife) 10-13% in tax from deposit to withdrawal. How long does it take for an annual 1.1% excess fee to negate that 10% savings? If one spends their working life paying that rate, they will lose half their wealth to those managing their money.  PBS aired a show in its Frontline series titled The Retirement Gamble, it offers a sobering look at how such fees are a killer to your wealth."}
{"_id": "593965", "title": "", "text": "I used to do bankruptcy work as a debtor's attorney and the number of clients with $40-50k+ in student loans working for barely above minimum wage was staggering. The majority of them were from for profit schools like the ones that advertise during daytime TV."}
{"_id": "593966", "title": "", "text": "Corzine should be held accountable but it would have been nice if Donald Rumsfeld's losing $9 billion dollars in Iraq would have also produced the same sort of outrage from his fellow republicans.   The Republicans are complete hypocrites when it comes to prosecuting corruption."}
{"_id": "593976", "title": "", "text": "And he has to pay for it every home repair and every month the property sets empty.  His loss each month is not $250, but probably closer to $500.  In generally you need to clear at least $200 ABOVE PTI (principle, taxes and interest) to cover repair and the like to property. From your post, it sounds like your dad was forced into the land-lord business by the recession.  Unless he plans to hold the property until its rental value has increased by $500 a month, he should consider selling it and writing-off the loss.  Losing money bit by bit on a house isn't a tax write-off event.  Selling a property for less than you bought it for generally is. FYI, I got the $500/month loss by assuming that repairs/emptiness/etc will cost you about $200 a month, and added $50 for your dad's time managing the property."}
{"_id": "593999", "title": "", "text": "Today\u2019s up and coming tech companies are taking value from the existing companies so I believe there can be a net loss.  Also, efficiency gains are going to a smaller portion of the population, and if they don\u2019t increase their spending to make up for the decrease in the spending of those who are falling behind, then that might cause a decrease in economic activity.    Of course, there are a lot more up and coming people in the word too, so they could very well outnumber those in the US/Western Europe regions."}
{"_id": "594011", "title": "", "text": "\"Straight Line Depreciation is the easiest method of depreciation, don't over think it.  Straight Line = (Assets Cost - Assets Salvage Value)/Useful life  In this case the Straight Line is $2m per year, it is not culmulative unless you are looking at accumulated depreciation account on the balance sheet.  Here is a schedule of the depreciation:  * Year 1 - $2m * Year 2 - $2m * Year 3 - $2m * Year 4 - $2m * Year 5 - $2m  See, can't get much easier than that!  Once you get into more complicated questions they'll throw tax rates at you and ask about cash flows, or the NPV of the cash flows.  You need to take into account the fact that the Depreciation is not a \"\"cash expense\"\" but it does affect cash flow by reducing the taxable income of the project.  Also, you need to consider the fact that the asset will be sold in year 5 and the value will need to be part of your cash flow and NPV calculations.  I hope this was helpful, if not I'll try to do my best answering any other questions.  Good Luck!\""}
{"_id": "594020", "title": "", "text": "I'm not in a MLM or anything but I'm a business owner and I'm wondering why people keep saying it's a scam because people lose money? Any opportunity has risk and the ratio of success to fail is pretty similar for normal businesses.   These seem like sales jobs with commission only/exotic compensation plans. It's normal that people fail at this. Are they not compensating people that meet their targets?  At any rate, I feel like the business itself isn't a scam, but a lot of the salespeople are scummy by not really explaining the odds. I also don't like the cult-like vibe I get from some people in those groups."}
{"_id": "594040", "title": "", "text": "Your existing shares in their existing ISA(s) do not in any way impact on your future ISA allowances. The only thing that uses up your ISA allowance is you paying new cash into an ISA account. So you can leave your existing shares in their existing ISA(s) and simply open new ISA(s) for future contributions which suit your current plans."}
{"_id": "594047", "title": "", "text": "Yes, one such strategy is dividend arbitrage using stock and in the money options. You have to find out which option is the most mispriced before the ex-dividend date."}
{"_id": "594051", "title": "", "text": "\"Good debt and \"\"Bad debt\"\" are just judgement calls.  Each person has their own opinion on when it is acceptable to borrow money for something, and when it is not.  For some, it is never acceptable to borrow money for something; they won't even borrow money to buy a house.  Others, of course, are in debt up to their eyeballs. All debt costs money in interest.  So when evaluating whether to borrow or not, you need to ask yourself, \"\"Is the benefit I am getting by borrowing this money worth the cost?\"\" Home ownership has a lot of advantages: For many, these advantages, coupled with the facts that home mortgages are available at extremely low interest rates and that home mortgage interest is tax-deductible (in the U.S.), make home mortgages \"\"worth it\"\" in the eyes of many. Contrast that with car ownership: For these reasons, there are many people who consider the idea of borrowing money to purchase a car a bad idea.  I have written an answer on another question which outlines a few reasons why it is better to pay cash for a car.\""}
{"_id": "594066", "title": "", "text": "\"&gt; the economy has experienced a huge expansion    what is \"\"the economy\"\"?  share values have been expanding for the last 8 years.  too bad wages haven't expanded at all. even after trump.  the rich get richer .. and everybody else can go fuck themselves.\""}
{"_id": "594075", "title": "", "text": "Here is my personal opinion.  Please take what I say with a grain of salt.  I've been in your position before so I had to rewire myself.    With that said, all your poor decisions were made in the past.  Certainly, today, there are consequences that you are facing for the decisions you made, but still, they were in the past.  So, you CAN eat and you CAN live.  Perhaps, not to your liking but this is a rare opportunity.  You see, (I am assuming your American), we Americans often feel that more in life means more happiness.  But being in debt like you can show you that there is another path.  Just having enough.    Things like, enjoying every bite of the meal you just ate, or enjoying every moment while you're not thinking about the poor decisions you've made in the past will help you greatly in the future.  I found that because of my debt problems living in the present moment was the only way I could stop myself from loosing all sanity.  In fact, because of that I started to not focus on how to get out of debt, but how to live with debt.  It became much easier once I was able to naturally accept that there is debt, and it will be paid someday, but this is how life is and it doesn't bother me.  I found that by letting it go, eventually not only the mental problem, but the debt began to solve itself.    I know it sounds like mumbo-jumbo, but doing everything as a small step, for example, when you get in the shower today, feel the hot water.  I mean like, REALLY FEEL IT.  You have HOT RUNNING WATER.  Think about the hot water and how good it is.  This is the moment.  Maybe tomorrow you won't have hot running water, but that's ok because IT'S NOT TOMORROW, it's today.  Doing it like that, with everything, saved me from most likely something horrible.  Hth you a bit."}
{"_id": "594097", "title": "", "text": "How are these zoning laws enforced and drawn up? Who ensures they are properly followed? Who handles penalties when they are not followed?   Who handles disputes when right-of-way issues come up?  How is all this done while still maintaining the rights of those who actually live on the land and may not have massive bank accounts?  How are all these people, doing things that actively get in the way of a business doing what it wants and is ultimately seen by those that just want to build something as a feckless bureaucracy, get paid?"}
{"_id": "594106", "title": "", "text": "No it wouldn't. You'd have to change the law to make **both** settlements and damages non-deductible.  In another comment on this thread I wrote about what's deductible and what's not. The **fine** paid to the government is not deductible. The **damages** or **restitution** paid to another party are.   Since a settlement is essentially damages and/or restitution paid to someone who's not the US Government, then it's deductible.   I haven't read the case law, but I'm sure that the argument is that since they got money that they shouldn't have in the first place, then they shouldn't have to pay taxes on it. Otherwise, what's to stop the IRS from making them pay taxes on phantom income all over the place?  The fine paid to the Govt is the punishment, and I'm sure that the prosecutors aren't complete morons and do take the tax consequences into consideration."}
{"_id": "594114", "title": "", "text": "&gt;it will be supplanted by another ride-sharing company.  Uber is essentially a transnational minicab company at its heart, it isn't really a ride-sharing anything, someone doing ride sharing well could absolutely eat significantly into uber's space, but probably not supplant it (And Uber is doing a whole slew of things now too..)."}
{"_id": "594122", "title": "", "text": "If for every buyer, there's a seller, doesn't that also mean that there were $25B in outflows in the same time period? Yes for every buyer there is a seller. The inflows are not being talked in that respect. about there being $25B in inflows to US equity markets since the election...what does that mean? Lets say the index was at X. After a month the index is at X+100.  So lets say there are only 10 companies listed. So if the Index has moved X to X+100, then share price S1 has moved to S1+d1. So if you sum all such shares/trades that have increased in value, you will get what in inflow. In the same period there could be some shares that have lost value. i.e. the price or another share was S2 and has moved to S2-d2. The sum of all such shares/trades that have decreased in value, you will get outflow. The terms are Gross outflow, Gross inflow. In Net terms for a period, it can only be Inflow or outflow; depending on the difference between inflow and outflow. The stats are done day to day and aggregated for the time period required.  So generally if the index has increased, it means there is more inflow and less outflow. At times this analysis is also done on segments, FI's inflow is more compared to outflow or compared to inflow of NBFI or Institutional investors or Foreign participants etc."}
{"_id": "594123", "title": "", "text": "Pertho Engineers is one of the leading 6 MM multicell Polycarboante sheets   manufacturer company in delhi ncr. If there is need of any type of multicell   Polycarboante sheets, we are here and will provide you sheets at best price.  So,   don\u2019t wait now and make you commercial office and area perfect and awesome in looks.    For more details call at 9871495530.                 You may also visit at   Polycarbonate Sheets starting from 230 INR per Sqft"}
{"_id": "594157", "title": "", "text": "There's no need to move it to a different currency, but if your bank is in Portugal, Ireland, Italy, Spain or Greece, you might consider moving it to a different Eurozone country. Finland, Austria, Germany or the Netherlands seem safest at present. There's a small risk of a forcible Eurozone exit followed by redenomination of bank deposits into a new currency that will immediately collapse."}
{"_id": "594159", "title": "", "text": "I did a historical analysis a few years back of all well-known candlestick patterns against my database of 5 years worth of 1-minute resolution data of all FTSE100 shares.  There wasn't a single pattern that showed even a 1% gain with 60% reliability.  Unfortunately I don't have spread data other than for a handful of days where I recorded live prices rather than minutely summaries, but my suspicion is that most of the time you wouldn't even earn back the spread on such a trade."}
{"_id": "594172", "title": "", "text": "\"Comment from the article:  \"\"In effect, Google acquired the talent it needed, got the IPR it wanted, and did not have to purchase the whole company and bring in the baggage it did not want.  What an Amazing deal for Google.  I have no idea where this leaves HTC, though.\"\"  Could not agree more.  Not sure how HTC is winning in this aspect.  I guess we will have to wait and see.\""}
{"_id": "594175", "title": "", "text": "No, I don't mix business and personal affairs."}
{"_id": "594182", "title": "", "text": "Have you considered doing some small freelance programming jobs? One site I like for this type of thing is eLance.com, but I am sure there are others. Heck, you are soon going to be up all night anyway, why not earn some cash during those hours the rest of us foolishly waste on sleep?"}
{"_id": "594187", "title": "", "text": "Excellent question for a six year old! Actually, a good question for a 20 year old!  One explanation is a bit more complicated. Your son thinks that after the Christmas season the company is worth more. For example, they might have turned $10 million of goods into $20 million of cash, which increases their assets by $10 million and is surely a good thing. However, that's not the whole picture: Before the Christmas season, we have a company with $10 million of goods and the Christmas season just ahead, while afterwards we have a company with $20 million cash and nine months of slow sales ahead.  Let's say your son gets $10 pocket money every Sunday at 11am. Five minutes to 11 he has one dollar in his pocket. Five minutes past 11 he has 11 dollars in his pocket. Is he richer now? Not really, because every minute he gets a bit closer to his pocket money, and five past eleven he is again almost a week away from the next pocket money On the other hand... on Monday, he loses his wallet with $10 inside - he is now $10 poorer. Or his neighbour unexpectedly offers him to wash his car for $10 and he does it - he is now $10 richer.  So if the company got robbed in August with all stock gone, no insurance, but time to buy new stock for the season, they lose $10 million, the company is worth $10 million less, and the share price drops. If they get robbed just before Christmas sales start, they don't make the $20 million sales, so they are $10 million poorer, but they are $20 million behind where they should be - the company is worth $20 millions less, and the share price drops twice as much. On the other hand, if there is a totally unexpected craze for a new toy going on from April to June (and then it drops down), and they make $10 million unexpectedly, they are worth $10 million more. Expected $10 million profit = no increase in share price. Unexpected $10 million profit - increase in share price.  Now the second, totally different explanation. The share price is not based on the value of the company, but on what people are willing to pay. Say it's November and I own 100 shares worth $10. If everyone knew they are worth $20 in January, I would hold on to my shares and not sell them for $10! It would be very hard to convince me to sell them for $19!  If you could predict that the shares will be worth $20 in January, then they would be worth $20 now. The shareprice will not go up or down if something good or bad happens that everyone expects. It only goes up or down if something happens unexpectedly."}
{"_id": "594206", "title": "", "text": "Just browsed their website. Not a single name of anybody involved. Their application process isn't safe(No https usage while transferring private information).  And considering they contacted you rather than you contacting them, I will be very wary about how they got my details. And they are located in Indonesia. And a simple google takes me to a BOILER SCAM thread. So all in all you have been scammed. Try asking for your money back, but may not be that helpful. Next time before giving your money to somebody, do some due diligence. These type of scams aren't new and are very common."}
{"_id": "594218", "title": "", "text": "In the US, illegal. Giving free investment advice (opinions) is really hard to get arrested for. Might lose you a friend, but nothing that would get cross-wise with the Securities and Exchange Commission. That said, I would never put those opinions in writing."}
{"_id": "594226", "title": "", "text": "Edit: This is paywalled so I pasted it here.  LONDON\u2014The synthetic CDO, a villain of the global financial crisis, is back.  A decade ago, investors\u2019 bad bets on collateralized debt obligations helped fuel the crisis. Billed as safe, they turned out to be anything but. Now, more investors are returning to CDOs\u2014and so are concerns that excess is seeping into the aging bull market.  In the U.S., the CDO market sunk steadily in the years after the financial crisis but has been fairly flat since 2014. In Europe, the total size of market is now rising again\u2014up 5.6% annually in the first quarter of the year and 14.4% in the last quarter of 2016, according to the Securities Industry and Financial Markets Association.  Collateralized debt obligations package a bunch of assets, such as mortgage or corporate loans, into a security that is chopped up into pieces and sold to investors.  The assets inside a synthetic CDO aren\u2019t physical debt securities but rather derivatives, which in turn reference other investments such as loans or corporate debt.  During the financial crisis, synthetic CDOs became a symbol of the financial excesses of the era. Labelled an \u201catomic bomb\u201d in the movie \u201cThe Big Short,\u201d they ultimately were the vehicle that spread the risks from the mortgage market throughout the financial system.  Synthetic CDOs crammed with exposure to subprime mortgages\u2014or even other CDOs\u2014are long gone. The ones that remain contain credit-default swaps referencing a range of European and U.S. companies, effectively allowing investors to bet whether corporate defaults will pick up.  Desperate for something that pays better than basic government bonds, insurance companies, asset managers and high-net worth investors are scooping up investments like synthetic CDOs, bankers say, which had largely become the preserve of hedge funds after 2008.  Investment banks, which create and sell CDOs, are happy to oblige. Placid markets have made trading revenue weak this year, and such structured products are an increasingly important business line.  Synthetic CDOs got \u201cbad press,\u201d says Renaud Champion, head of credit strategies at Paris-based hedge fund La Fran\u00e7aise Investment Solutions. But \u201cthat market has never ceased to fully function,\u201d he added.  These days, Mr. Champion still trades synthetic CDOs, receiving a stream of income for effectively insuring against a sharp rise in European corporate defaults.  Many investors, though, still view the products as unnecessarily complex and are concerned they may be hard to offload when markets get choppy\u2014as they did in the last crisis. From the DepthsThe amount outstanding of European collateralized debt obligations has been growing again after years of shrinking.  \u201cWe don\u2019t see that demand from our clients and we wouldn\u2019t recommend it,\u201d said Markus Stadlmann, chief investment officer at Lloyds Private Banking, citing concerns over the products\u2019 lack of transparency and lack of liquidity, meaning it could be hard to offload a position when needed.  The return of synthetic CDOs could present other risks. Even if banks are currently less willing to loan money to help clients juice returns, credit default swaps can be very leveraged, potentially allowing investors to make outsize bets.  Structured products accounted for nearly all the $2.6 billion year-on-year growth in trading-division revenue at the top 12 global investment banks in the first quarter, according to Amrit Shahani, research director at financial consultancy Coalition.  \u201cThere has been an uptick in interest in any kind of yield-enhancement structure,\u201d said Kokou Agbo-Bloua, a managing director in Soci\u00e9t\u00e9 G\u00e9n\u00e9rale SA\u2019s investment bank.  The fastest growth this year has come in credit\u2014the epicenter of the 2007-08 crisis. The top global 12 investment banks had around $1.5 billion in revenue in structured credit in the first quarter, according to Coalition, more than doubling since the first quarter of 2016. Structured equities are largest overall, a business dominated by sales of derivatives linked to moves in stock prices, with revenue of $5 billion in the first quarter.  \u201cThe low-yield environment hurts,\u201d said Lionel Pernias, a credit-fund manager at AXA Investment Managers. \u201cSo there are a lot of asset owners looking at structured credit.\u201d  These days, the typical synthetic CDO involves a portfolio of credit-default swaps on a range of companies. The portfolio is sliced into tranches, and investors receive payouts based on the performance of the swaps. Those investors owning lower tranches tend to get paid more but are subject to higher losses if the swaps sour. Structured GrowthBank revenues from structured products such as collateralized debt obligations are rising faster than conventionaltrading of stocks, bonds and currencies.  For instance, an investor can sell insurance against a pick-up in defaults in the lowest\u2014or \u201cequity\u201d\u2014tranche of the iTraxx Europe index, a widely traded CDS benchmark that tracks European investment-grade companies. In return, the investor will receive regular payments, but those will shrink with every company default and stop altogether once 3% of the portfolio has been wiped out through defaults.  During the financial crisis, synthetic CDOs based on standardized indexes like iTraxx Europe suffered losses as traders expected defaults to pick up. Investors who held on, though, have since done \u201cgreat,\u201d says Mr. Champion.  Investors who agreed to insure against a rise in defaults for 10 years on the equity tranche of the iTraxx Europe index in March 2008 have made roughly 10% a year, according to an analysis of data from IHS Markit . That\u2019s despite defaults from two companies in the index: Italian lender Monte dei Paschi di Siena and Portugal Telecom International Finance BV.  In contrast, investors who sold insurance on tailored CDOs packed with riskier credits\u2014such as Icelandic banks or monoline insurers\u2014would have been on the hook for losses.  Synthetic CDOs have evolved since the crisis, bankers say. For instance, most are shorter-dated, running up to around two to three years rather than seven to 10 years. Some banks will only slice and dice standardized CDS indexes that trade frequently in the market rather than craft tailored baskets of credits.  There are also fewer banks involved in arranging these trades. Those active include BNP Paribas SA, Citigroup Inc., Goldman Sachs Group Inc., J.P. Morgan Chase &amp; Co. and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale.  Postcrisis regulations have forced banks to set aside more capital against these transactions and use less leverage. That has encouraged banks to parcel out the risk to clients rather than keeping it on their own books.  \u201cThere is a lot more regulation and scrutiny and a lot less leverage,\u201d said Mr. Agbo-Bloua.  Mr. Champion says he only trades tranches based on standardized CDS indexes, which he says are easier to buy and sell than more tailored products. Currently, he sees value in selling default protection on super-senior tranches.  Mr. Champion said he has to lay down only around $1 million in upfront margin costs on a $100 million trade of this kind.  \u201cThe cost of leverage in the derivatives space is very low,\u201d he said.  Any expectations of default rates picking up could inflict losses on synthetic CDOs, though at the moment analysts forecast they should decline. Still, the memory of how the market behaved in the immediate aftermath of the financial crisis is likely to keep many investors on the sidelines.  \u201cIf you\u2019re the person responsible for buying the synthetic CDO that suddenly goes wrong, your career risk is bigger than if you\u2019d bought a plain vanilla bond that goes wrong. It has a bad name,\u201d said Ulf Erlandsson, a portfolio manager at start-up hedge fund Glacier Impact, who until recently oversaw credit for one of Sweden\u2019s public pension funds."}
{"_id": "594233", "title": "", "text": "You started with the unsupported statement; I would think you need to justify your position first before attacking theirs.  Edit: thanks for updating parent comment. Those are more opinion pieces though, facts to backup how obomacare and Dodd Frank harmed the middle class would make a stronger argument.  Edit edit and for those down voting you mistake my position, I'm trying to encourage productive discourse. I think both parties are dirty liars."}
{"_id": "594248", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [The Best-Performing CEOs in the World 2017](https://np.reddit.com/r/talkbusiness/comments/78a2i1/the_bestperforming_ceos_in_the_world_2017/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "594252", "title": "", "text": "\"I haven't seen anything specifically about how PayPal operates, but my guess is that they maintain relationships with banks in many countries via affiliates, and they settle the money transfers internally within the PayPal system. You basically have two types of bank transfers (there are others as well that I'm not getting into): I think PayPal is a hybrid -- they send and receive money using drafts to keep costs down, and manage the international stuff by operating a proprietary network. So if you send money from Indonesia to the US, you pay \"\"PayPal Indonesia\"\", who then tells \"\"PayPal USA\"\" to issue funds to your recipient. So they are cheaper than a wire, faster than a check, but limited in terms of transaction size and some other factors.\""}
{"_id": "594253", "title": "", "text": "Or maybe it's because Ivy League grads end up in positions of power, allowing them to get involved in such scandals. 3 groups? That doesn't sound like many data points. Also sounds like a significantly low percentage of all the Ivy Leaguers on Wall Street"}
{"_id": "594256", "title": "", "text": "There are a few issues: 1. Googlers', FB's et al (Brin&amp;Page, Zuck, Sandberg) image as world saviors (pledging money, cancelling death etc...), while they finance hedenostic idleness. 2. These are public companies, so I guess this decadence is funded by public money. So there is a huge issue - especially when scores of people go unemployed."}
{"_id": "594257", "title": "", "text": "\"My original plan was to wait for the next economic downturn and invest   in index funds. These funds have historically yielded 6-7% annually   when entered at any given time, but maybe around 8-9% annually when   entered during a recession. These numbers have been adjusted for   inflation. Questions or comments on this strategy? Educate yourself as index funds are merely a strategy that could be applied to various asset classes such as US Large-cap value stocks, Emerging Market stocks, Real Estate Investment Trusts, US Health Care stocks, Short-term bonds, and many other possibilities. Could you be more specific about which funds you meant as there is some great work by Fama and French on the returns of various asset classes over time. What about a Roth IRA? Mutual fund? Roth IRA is a type of account and not an investment in itself, so while I think it is a good idea to have Roth IRA, I would highly advise researching the ins and outs of this before assuming you can invest in one. You do realize that index funds are just a special type of mutual fund, right? It is also worth noting that there are a few kinds of mutual funds: Open-end, exchange-traded and closed-end. Which kind did you mean? What should I do with my money until the market hits another   recession? Economies have recessions, markets have ups and downs. I'd highly consider forming a real strategy rather than think, \"\"Oh let's toss it into an index fund until I need the money,\"\" as that seems like a recipe for disaster. Figure out what long-term financial goals do you have in mind, how OK are you with risk as if the market goes down for more than a few years straight, are you OK with seeing those savings be cut in half or worse?\""}
{"_id": "594280", "title": "", "text": "Retained earnings is different from partner capital accounts. You can draw the money however the partners agree. Unless money is specifically transferred to the capital funds, earnings will not show up there."}
{"_id": "594303", "title": "", "text": "Options, both puts and calls, are typically written/sold at different strike prices. For example, even though the stock of XYZ is currently trading at $12.50, there could be put options for prices ranging from $0.50 to $30.00, just as an example. There are several factors that go into determining the strike prices at which people are willing to write options. The writer/seller of an option is the person on the other side of the trade that has the opposite opinion of you. If you are interested in purchasing a put on a stock to hedge your downside, that means the writer/seller of the put is betting that you are wrong and that the stock price will rise instead."}
{"_id": "594305", "title": "", "text": "I am a trader for a large financial services firm.  Years ago, I got my CFA charter because I didn't have a finance background (I studied computer science).  I learned a bit about all aspects of finance and my trading profits definitely improved.  I also like principles and ethics associated with being a charter holder.  However, I already had a very good job and didn't *need* the credential.  I would recommend you stick with it!  It is a testament to yourself when you successfully complete tough tasks."}
{"_id": "594308", "title": "", "text": "\"People who choose \"\"good enough\"\" (satisficers) tend to be happier than people who choose \"\"the best\"\" (maximizers), see link.  So decide you want to be a satisficer for most decisions, and then work at it: deliberately limit the amount of time you spend on a small decision, and celebrate a non-optimal decision.  Decide to be good to yourself, and say it out loud.  Practice the skill.\""}
{"_id": "594320", "title": "", "text": "\"&gt; and very doubtful once normalized for socioeconomics that race is at all a factor.  Very doubtful? Once you account for socioeconomic status in violent crime, you find that blacks commit way more violent crime. For example, there are twice as many white people under the poverty line in America than there are poor black people. And yet, [you get these results](https://infogram.com/us-crime-in-black-and-white-1gzxop49q0okmwy). So that's one instance where \"\"controlling for socioeconomic\"\" status doesn't matter.   Culture has more of an impact than you think. My friend works in an insurance industry where the target market is poor people. He no longer advertises heavily in black communities, after tracking his stats for years, as inevitably over 50% of his black clients do not pay their bills unless you literally swing by their house to collect the check whenever they forget to pay. Meanwhile, white people with the same amount of wealth stay on the books over 90% of the time after signing up. How do you explain that?   This study indicates that not everybody should be getting degrees. And certainly not joke degrees that leave people unemployable/in debt.\""}
{"_id": "594322", "title": "", "text": "Once you click on the link, you will now see a button on the page. Go ahead and click this button. Here we will be able to select our hosting plan. We will see three different options. We will see a base, plus, and a top rate option. If you have more than one website, you can choose either the Plus Plan or the Prime Plan. Go ahead and press the Select button when you find the plan you want.  We are now brought to a domain page, where we can choose the domain name we want completely free of charge. If you already have a domain name, you will see that you can enter it on the right side. When you get a new domain name type, what you want to see when it is available. Be sure to choose a domain extension that you like like .com, .net, .org, etc \u2026 Now select the next button.  We are now in creating your account page and here we will enter our information. Below we see package information and contact plan. Here we can select the term for our hosting package. So we can choose 12 months, 24 months and 36 months. You\u2019ll see the longer you go your hosting plan for yours to get a discount and it will actually be cheaper. You see the setup fee is completely free and the domain name is free."}
{"_id": "594345", "title": "", "text": "Saudi isn't going to listen to China. Albeit China is an important trading partner for Saudi, it doesn't have anywhere near the leverage America has. Actually, Japan has a better relationship with Saudi Arabia than the latter does with China.  Saudi riyal is pegged to the dollar and so it remains as strong as it possibly can. The USD is simply the most stable currency, the petrodollar is an exaggerated reason as to why it is. US imports are almost the same as the China in terms of percentage but the US sells lots of weapons to Saudi Arabia. China doesn't have the amount of investment into Saudi Arabia like US companies do.  China and the yuan are not substitutes to the US and usd."}
{"_id": "594346", "title": "", "text": "Fair statement but two points:   1) slow change in politics is one of the primary intentions of the design of our system from the beginning.  2) these reference points are all over the map. Pairing economic trends with wars makes things seem more drastic than they are. We all knew from the beginning volker and other regulations weren't going to change shit. The reality is that the market is back to all time highs. We're up something like ~12% already this year alone.   Beyond that I don't agree with using the market as a proxy specifically for the reason that, while the market is crushing it, us average joes don't feel that. The more important metric would be incomes and net worth of the middle class. Which, according to Buffet is at all time historical highs, though I'm not sure I agree with that either."}
{"_id": "594348", "title": "", "text": "Do you mean, like for instance to steal their money?  There is a way to wrestle control away from the 0.1%, but it will seem perfectly counter-intuitive to you. that would be to get the federal government out of the economy. Cut regulations, eliminate subsidies, shrink the federal government. The rich and powerful stay rich and powerful by harnessing the power of the Federal government"}
{"_id": "594367", "title": "", "text": "That would be the ultimate in insider trading. They made a stock transaction knowing in advance what was going to happen to the share price. They could easily expect to face jail time, plus the CEO would still face lawsuits from the board of directors, the stockholders and the employees."}
{"_id": "594375", "title": "", "text": "So, given this number, you need to work at least 25 years in that scenario to break even. Contingencies such as losing your job, being unemployed, or working for lower salary are excluded of course.  I'm also highly dubious that everyone with college degree reaches such a differential. 90% of the people will not reach 300-400K more in their lifetime."}
{"_id": "594378", "title": "", "text": "This is a shameless, karma whoring repost. It's incredibly misleading as Blockbuster was investing in streaming technology at the time but just did not believe that purchasing Netflix was the right decision. This is been posted on TIL 1 million times before."}
{"_id": "594414", "title": "", "text": "\"Here's an excerpt from VISA's Card Acceptance Guidelines for Visa Merchants (PDF)  The merchant name is the single most important factor in cardholder   recognition of transactions. Therefore, it is critical that the   merchant name, while reflecting the merchant\u2019s \u201cDoing Business As\u201d   (DBA) name, also be clearly identifiable to the cardholder. This can   minimize copy requests resulting from unrecognizable merchant   descriptors. Merchant applications typically list the merchant name as the merchant   DBA. This may differ from the legal name (which can represent the   corporate owner or parent company), and may differ from the owner\u2019s   name which, for sole proprietorships, may reflect the business owner. I think that the key statement above is \"\"Therefore, it is critical that the merchant name [...] be clearly identifiable to the cardholder.\"\" Since this merchant was not clearly identifiable to the cardholder, they are in breach of a critical point in these guidelines. This is from VISA, but I would assume that all other major credit cards would have similar guidelines for their merchants. However keep in mind that these are \"\"guidelines\"\", and not (necessarily) rules.\""}
{"_id": "594425", "title": "", "text": "PepsiCo is being ostracized and sued for making a drink that is no different than soda. Where is the uproar about their making soda? Corporations have a right to make whatever product they believe will sell and its up to the consumer to educate themselves on whether they want to purchase."}
{"_id": "594437", "title": "", "text": "Dear Friend, thank you for watching my video! Bad Baby Learn Colors with Lollipop Candy Nursery Rhymes Finger Family Song by Eva TV Steal Chips Johny Johny Yes Papa Song Learn Colors with Bad Baby Nursery Rhymes  https://www.youtube.com/watch?v=Evl4odr8xho Five Little Babies Jumping on the Bed Song Nursery Rhymes Songs for Kids  https://www.youtube.com/watch?v=hIAMkUdZ1QA #Learn Colors #Colours #forKids #forChildren #NurseryRhymes #FingerFamily #BadBaby #BadKid #LollipopCandy#SongsforChildren #EvaTV"}
{"_id": "594442", "title": "", "text": "\"In the UK, one quirky option in this area (OK, admittedly it's not a passive) is the \"\"Battle Against Cancer Investment Trust\"\" (BACIT).  Launched in 2012, it's basically a fund-of-funds where the funds held charge zero management charges or performance fees to the trust, but the trust then donates 1% of NAV to charity each year (half to cancer research, investors decide the other half).\""}
{"_id": "594443", "title": "", "text": "\"I am leaning more towards the belief that Amazon registered for the patent to keep other competitors from using such a system. I mean, the article even states: \"\"The Washington Post is owned by Jeff Bezos.\"\"   You'd have to be an imbecile to allow a newspaper organization that you own to post an article that is defaming your latest patent. As sick of a human being Jeff may be, he's a billionaire for one reason: brilliance. He intended to have this information released to competitors.   Nonetheless, this is a very ominous and scary technological innovation. The rapid, unrestricted pace of technology is beginning to frighten me.\""}
{"_id": "594449", "title": "", "text": "&gt;I believe he was recommended by one of the investors.  Reddest of flags.   &gt;the person who invested the most (I believe they own 40%) has his wife doing the taxes and paperwork  I stand corrected.  &gt;I think it was my friend who knew this manager and hired him due to a past relationship they had.  That's a little better, but still not great.   &gt;For more insight, my friend actually owns another 2 bars that are quite successful, but it seems he's completely not invested in this one despite owning 30%.  I'd talk to that friend, and keep nipping on his heels about it, rather than us. We're too far removed to get a good view of the situation."}
{"_id": "594458", "title": "", "text": "\"carly was a symptom, not necessarily a cause.  how could the board have let in such an employee hostile leader?  remember \"\"the hp way\"\" book they distributed to every employee?  it was terribly written, but i think dave knew what was on the horizon.\""}
{"_id": "594461", "title": "", "text": "The RRSP is like our 401(k), right? money goes in pre-tax?  I'd go with that. Over time, you stand a near certain chance to get a better return than your mortgage rate."}
{"_id": "594475", "title": "", "text": "\"This is a very important question and you will find arguments from both sides, in part because it is still understudied. Ben Golub, Economics Ph.D., from Stanford answers \"\"Is high-frequency trading good for the economy?\"\" on Quoram quite well.  This is an important but understudied question. There are few   published academic studies on it, though several groups are working on   the subject. You may be interested in the following papers: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1569067 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1361184 These document some of the phenomena that arise in high frequency   trading, from a theoretical and an empirical perspective. However, a   full equilibrium analysis of the unique features of high frequency   trading is still missing, and until it is done, all our answers will   be kind of  tentative. Nevertheless, there are some obvious things one can say. Currently,   high frequency traders are competing to locate physically closer and   closer to exchanges, because milliseconds matter. Thus, large amounts   of money are being spent to beat other market makers by tiny fractions   of a second. Once many firms make these investments, the market looks   like it did before in terms of competition and prices, but is a tiny   bit faster. This investment is unlikely to be socially efficient: that   is, the users of  the market don't actually benefit from the fact that   their trades are executed half a millisecond faster -- certainly not   enough to cover all the investment that went into making that happen. Some people who study the issue believe that high frequency trading   (HFT) actually exacerbates market volatility; some plots to this   effect are found in the second paper linked above. There is certainly   no widely accepted theory that says faster trading technology   necessarily increases efficiency, and it is easy to think of   algorithms that can make money (at least in the short run) but hurt   most other investors, as well as the informational value of the   market. One caution is that some of the complaining about HFT comes from those   who lose when HFT gets better -- old-style market makers. They   certainly have an incentive to make HFT out to be very bad. So some   complaints about the predatory nature of HFT should be taken with a   grain of salt. There is no strong economic consensus about the value   of this activity. For what it's worth, my personal impression is that   this is more bad than good. I'll post an update here as more   definitive research comes out. You can also find a debate on High-frequency trading from the Economist which gives both sides of the argument. In conclusion: Regardless of how you feel about HFT it seems like it's here to stay and won't be leaving in the foreseeable future. So the debate will rage on... Additional resource you may finding interesting: Europe Begins Push To Ban HFT High Frequency Trading Discussion On CNBC Should High Frequency Trading (HFT) be banned ?\""}
{"_id": "594478", "title": "", "text": "This doesn't really make sense, as the small cap indices have a similar rate of growth as the s&amp;p 500. The global scale has some relevance, but exports are included in GDP as well, so it's not the full story.  A better answer, as is noted in comments lower down, is that the S&amp;P does not **grow** at 6%. It *returns* 6% per year. The dividend yield of the s&amp;p is a bit over 2%. Dividends are not growth, they are simply income; they may also grow themselves, but rarely by 6% per year (in real terms). Additional income that's not paid out in dividends probably amounts to another 1-2%. Growth is the final 1-3%, which makes it roughly match GDP."}
{"_id": "594483", "title": "", "text": "Because of the way checks are processed, you can't write a check for $100 million or more: http://www.bankingquestions.com/checksyoureceived/q_limitfunds.html The field used for 'amount' has 10 digits, so anything at/above 10^10 cents (which would require 11 digits) can't be processed, at least not by normal means."}
{"_id": "594500", "title": "", "text": "\"Well, according to the chicken-littles out there, it was supposed to crash at the end of July with the introduction of FACTA's Global Intermediary Identification Numbers.  Pay close attention to the future treasury auctions and the FedResInk's transition from market \"\"involvement\"\" to \"\"commitment\"\".\""}
{"_id": "594502", "title": "", "text": "I've been stuck in that situation for 10+ years.  Now with rent being so high even with roommates it still is crazy, you really need to keep pushing to make more money if you stagnate like I have you'll regret it."}
{"_id": "594508", "title": "", "text": "Bienvenue sur le site du Groupe Vectory  Vectory est synonyme depuis 1993, de prestations de conseil en entreprise. Gr\u00e2ce \u00e0 notre savoir-faire acquis tout au long de ces ann\u00e9es, nous sommes en mesure doffrir \u00e0 nos clients un service de conseil et de gestion dentreprise de premier plan.  Notre objectif est de r\u00e9pondre aux besoins de nos clients et porteurs de projet qui sont le centre de toute notre attention, afin de pouvoir leur proposer des solutions daccompagnement financier performantes et efficaces sur le long terme.  Chaque jour nous nous effor\u00e7ons de r\u00e9pondre aux attentes des entrepreneurs et des porteurs de projet que ce soit \u00e0 notre si\u00e8ge de Lausanne ou dans lun de nos \u00e9tablissements dans toute lEurope.  Gr\u00e2ce \u00e0 notre site, vous pourrez consulter nos deux diff\u00e9rentes et principales activit\u00e9s qui sont le conseil en entreprise, et le capital-risque.  Bienvenue chez Vectory."}
{"_id": "594529", "title": "", "text": "1) You parents will have to pay tax on the gain as it wasn't their primary home.  You don\u2019t pay Capital Gains Tax when you sell (or \u2018dispose of\u2019) your home if all of the following apply: As I look at it, it is your parents are the ones who own the property and they will have to pay on \u00a360000. But as you say you pay part of the mortgage, I would go to a tax advisor/accountant to confirm if they will only pay on the \u00a315000. I couldn't find any guidance on that matter on gov.uk 2) Inheritance tax will not be levied on it as it is below \u00a3325000, but tax will be levied on \u00a3325000, less \u00a33000 annual gift allowance. Two articles for further information -  GOV.UK's Tax when you sell your home   Money.co.UK's Gifting money to your children: FAQs"}
{"_id": "594531", "title": "", "text": "\"I am co-owner of a business, and we incorporated federally.  (Mostly to limit liability.)  There is some excellent information above, and most of my wisdom I got from a trusted lawyer and accountant (find experts you trust in these two areas, they will prove invaluable in so many areas.)   The one point I would add is that if you decide to incorporate, you can do so federally or provincially.  We were all set to go provincially, when our lawyer asked \"\"Is there any chance you might move the business?  Any chance you might want to do work in other provinces?  What about next year?  Five years?\"\"  If you are going through the expenses to set up a corporation, consider doing so federally, the extra costs were insignificant, but someday you might be glad you don't have to start from scratch.  In this day and age, many people end up moving out of province for work, family concerns, etc.\""}
{"_id": "594544", "title": "", "text": "\"You don't understand our current system at all if you think people aren't making decisions for you. This is a false narrative pushed by insurance companies trying to get us back to the system that got us here. We spend the most &amp; get the overall worst outcomes of any industrialized nation. ACA's failures were bullshit put in by the GOP &amp; collusion by insurance companies and Republican governors. It wasn't perfect, but it would have been a helluva lot closer if the GOP hadn't lied and colluded through the process. Their 217 amendments were mostly garbage add-ons. I actually read it. Our military would be a \"\"failure\"\" if its funding was constantly threatened &amp; fucked with and colluded against by government &amp; private companies. Source: I wrote the 20 year health plan for the Republican Governor of the State of Florida ten or so years ago and have lobbied &amp; built facilities and other projects in healthcare before I left to work in startups.\""}
{"_id": "594560", "title": "", "text": "Couldn't you sneak by those questions with an undergrad in finance? I heard Level 1 is a lot of stuff you learn in undergrad (except ethics, I heard that section usually nabs people). I'm glad you grill those people though. I have a friend/former classmate who signed up for the test mainly just so he could put that he was a candidate on his resume and get a good job. He ended up scoring a pretty decent job too, not sure how much of it was owed to the CFA candidacy.   Trying to take the CFA this December to help with attaining a job after the spring semester if I can get a CFA scholarship."}
{"_id": "594561", "title": "", "text": "Unless trump supporters went and decided they can now get a job now that obama isn't in office, that's exactly what I'm saying. Everyone was hiring before trump got in office, everyone still is. I'll put money on the fact more doctors and teachers being hired have nothing to do with trump taking office."}
{"_id": "594585", "title": "", "text": "&gt; Though I'd counter that if your goal is to manipulate economic exchanges between individuals with the intention of guiding the economy at large to a specific desired outcome, I think that capitalism is not the economic system for you :P  You are very mistaken. Capitalism is all about incentives. Don't confuse capitalism with anarchism. The government is very important in capitalism as establishing the rules of the market and playing the referee role."}
{"_id": "594595", "title": "", "text": "The issue is that the lender used two peoples income, debts, and credit history to loan both of you money to purchase a house. The only way to get a person off the loan, is to get a new loan via refinancing. The new loan will then be based on the income, debt, and credit history of one person. There is no paperwork you can sign, or the ex-spouse can sign, that will force the original lender to remove somebody from the loan. There is one way that a exchange of money between the two of you could work: The ex-spouse will have to sign paperwork to prove that it is not a loan that you will have to payback. I picked the number 20K for a reason. If the amount of the payment is above 14K they will have to document for the IRS that this is a gift, and the amount above 14K will be counted as part of their estate when they die. If the amount of the payment is less than 14K they don't even have to tell the IRS. If the ex-souse has remarried or you have remarried the multiple payments can be constructed to exceed the 14K limit."}
{"_id": "594609", "title": "", "text": "I'm extremely suspicious of the assertion that tenure is a good proxy for quality of teaching. I'd like to see some sort of backing to that claim.  Also, I'm not so sure that performance measurement of students is all that difficult--after all, thousands of secondary institutions do it every year and generally do a pretty good job. There are certain basic skills that primary school-aged children need to have, and we have reasonably good metrics to determine if they have them. Gaming the system only occurs with improper alignment of incentives, which is clearly a difficult challenge but not one that I think is insurmountable."}
{"_id": "594614", "title": "", "text": "Though I have never had construction loan, for a regular loan this clause only covers the period between when you submit the forms, and when you close on the loan. Normally the construction loan is converted into a regular mortgage after the home is completed. The lender wants to make sure that you don't do anything that will make it impossible for the loans to close.  They are concerned about new or enlarged loans. They also care about spending the down payment money on something else. When I was selling my condo, the purchaser bought a new car the week before closing. That made closing very interesting."}
{"_id": "594615", "title": "", "text": "Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned the ire of locals.  Two men wearing suspicious clothing and carrying a crowbar apparently went in the Siskiyou Count courthouse through the men\u2019s restroom window. The courthouse is home for the display of California\u2019s most revered collection of gold.  The robbers appeared to have made a hole in the bulletproof glass at 1.00 am through which they have grabbed a million-dollar-worth in gold nuggets. Their stash included a rare 28-ounce specimen from 1913, called \u2018the shoe\u2019. They might have escaped several hours before the heist was discovered at seven in the morning.  The robbers got away with 351 ounces out of a 624-ounce set that has a value of USD 3 million for the quality of the specimen.  Residents are undeniably angry for what happened, saying that it would have been more forgivable to rob a bank than stealing a piece of their heritage which cannot be replaced.  Yreka, with a population of only around 7000, is one of the several California mining communities which has proudly kept their golden heritage for public display. This is despite of the USD 1,750/ounce price of gold in the market. In fact, 2 years ago, the county faced a fiscal crisis but they have not even considered selling off their gold collection that was amassed over time and donated by locals.  County sheriff declared the theft as stealing a piece of their region\u2019s history and pledged a USD 15,000 reward for information that may lead to the suspects\u2019 prosecution. The two robbers are described as men in early 20\u2032s wearing black shirts, shoes and blue jeans.  The theft became a subject of suspicion around town mainly because an alarm set on top of the case did not go off. The second alarm, on the sliding glass, is still functioning but it was not moved by the robbers anyway. Townspeople are inclined to believe there has been a terrible inside job.  Gold seems to be the soul of the region. In 1851, a mule packer first discovered the presence of local gold and since then, mines like King Solomon, Golden Eagle and Black Bear have thrived.  Most of the communities that belong to Mother Lode are understandably proud of their heritage so they want to display their collections for people to see. However, doing that comes with loads of risks that they have to be aware of.  The county treasurer said that they can use the insurance claim in upgrading the museum but this act does not seem enough to console the residents."}
{"_id": "594639", "title": "", "text": "did you not even read the speech? His entire story is how he only became a successful writer because of prior events in his life which he is fully prepared to distill to luck.   reading liar's poker makes this even more acute - the way he got his job was baffling, and he had to have gotten that job right at the perfect point in time (in terms of how (edit: egregious error, it was Salomon, not Lehman) wasn't focusing in their one area in the brokerage, but then it turned out that another employee essentially turned that part of the business around, etc.)"}
{"_id": "594641", "title": "", "text": "\"IT appears the company you're talking about did not report as you expected them to, which is not unusual for OTC companies because, as Milo stated, they are not well-managed. That being said, reports on EDGAR are available as soon as they're posted.  I'm not aware of any lag between when the company uploads their report and it is available on the EDGAR site. Looking at the profile of the company you're referring to, I'm curious why you'd be so interested in a company with huge negative earnings, a near-zero share price, and an obviously spotty history of reporting its numbers.  In order to make any money with this stock, you'd have to buy a huge number of shares, which could be difficult to unload.  Further, the fees you're going to pay to make your trades are very likely to outstrip your return, so you'd be upside down on it. This company has pretty negative financials, and in a world of cheap oil, alternative energy (and the companies that deal in it) are out of vogue, so they're not likely to see a turnaround anytime soon.  They're spending money on R & D at a rate almost 17 times earnings, and the losses are deepening, while revenues are not improving all that much.  These guys are bleeding to death, and there's little prospect of a financial transfusion on the horizon. This is, as they say, a \"\"dog with fleas\"\", so your best bet is to find something else to put your money into. I hope this helps. Good luck!\""}
{"_id": "594652", "title": "", "text": "The only way you will incur underpayment penalties is if you withhold less than 90% of the current year's tax liability or 100% of last years tax liability (whichever is smaller).  So as long as your total tax liability last year (not what you paid at filing, but what you paid for the whole year) was more than $1,234, you should not have any penalty. What you pay (or get back) when you file will be your total tax liability less what was withheld. For example, you had $1,234 withheld from your pay for taxes.  If after deduction and other factors, your tax liability is $1,345, you will owe $111 when you file.  On the other hand, if your tax liability is only $1,000, you'll get a refund of $234 when you file, since you've had more withheld that what you owe. Since your income was only for part of the year, and tax tables assume that you make that much for the whole year, I would suspect that you over-withheld during your internship, which would offset the lack of withholding on the other $6,000 in income."}
{"_id": "594653", "title": "", "text": "\"I've done this before for startup companies where I didn't want the mailing address to really obviously be my apartment or home address. Just for appearances. What you should be Googling are terms like \"\"private mailbox center.\"\" If I recall correctly, I used to do this with Mail Boxes Etc before they were bought by UPS. This seems to be the equivalent offering these days: https://www.theupsstore.com/mailboxes I haven't looked at a dummy office for receiving mail -- I imagine that is a bit more expensive. Unless people are delivering things in person I think that would be overkill -- the Fedex guy doesn't care if his package delivery is to a UPS mailbox center.\""}
{"_id": "594655", "title": "", "text": "\"Forex. I will employ my skill for \"\"suspension of disbelief\"\" and answer with no visceral reaction to Bitcoin itself. The Euro is not an 'investment.' It's a currency. People trade currencies in order to capture relative movements between pairs of currencies. Unlike stocks, that have an underlying business and potential for growth (or failure, of course) a currency trade is a zero sum game, two people on opposite sides of a bet.  Bitcoin has no underlying asset either, no stock, no commodity. It trades, de facto, like a currency, and for purposes of objective classification, it would be considered a currency, and held similar to any Forex position.\""}
{"_id": "594667", "title": "", "text": "\"In the United States, if someone refers to the \"\"interest rate\"\", especially if heard on news or talk radio in particular, they are almost always referring to the federal funds rate, a rate set forth and maintained by the United States Federal Reserve (the \"\"fed\"\" for short). If the fed opts to raise or lower this rate, it subsequently effects all interest rates, whether by being directly connected in a chain of loans  or by market demand through the efficiency of financial markets in the case of bond auctions. The FOMC meets eight times each year to determine the target for the federal funds rate.  The federal funds rate effects all interest rates because it is the originating rate of interest on all loans in the chain of loans. Because of this significance as a benchmark for all interest rates, it is the rate most commonly referred to as \"\"interest rate\"\" when used alone. That is why other rates are specified by what they actually are; e.g., mortgage rates; 10 year & 30 year (for 10 year treasury and 30 year treasury bond yields respectively); savings rate, auto rate, credit card rate, CD rate\u2014all rates of interest effected by the originating loan that is the federal funds rate.  This is true in the United States but will vary for other countries. In general though, it will almost always refer to the originating rate for all loans in a given country, institution, etc.  Note that bonds have yields that are based on market demand that is, in turn, based on the federal funds rate. It is because of the efficiency of financial markets that the demand, and thus the yields, are correlated to the federal funds rate.\""}
{"_id": "594674", "title": "", "text": "...never used to word couldn't.  Even doesn't work in my sentence.  It is missing something, but not *even*.  Probably should have used active voice and put it like:  Neither our countries' female tween populace had immunity unfortunately."}
{"_id": "594677", "title": "", "text": "Seems to have a major draw for people anyway. Though to be honest, even though I've probably been to the US 15 to 20 times, never been to NYC yet. Though might in the next 18 months, dear friend / ex has been talking about it, so thinking of taking him there."}
{"_id": "594686", "title": "", "text": "A few weeks ago, I was thinking about this exact thing (except swap Euros for Canadian Dollars). The good news is that there are options. Option 1: yes, buy Indian fixed deposits Interest rates are high right now- you can get up to 9% p.a. It boils down to your sentiment about the Indian rupee going forward. For instance, let's say you purchase a deposit for amount x at 9% p.a., you can have it double to almost 2x in 10 years. Three things can happen in 10 years: Are you optimistic about Indian governance and economy going forward? If you are, go for it! I certainly am. Option 2: heard of FCNR? Look in to FCNR deposits. I don't know about Europe, but in Canada, the best rate for a 1 year deposit is approximately 1.5%. However, through Foreign Currency Non-Resident (FCNR) deposits, you can get up to 4% or 5%. The other benefit is that you don't have to convert currency to INR which results in conversion savings. However, only major currencies can be used to open such accounts."}
{"_id": "594694", "title": "", "text": "It is certainly appropriate to do so. Why, though, would anyone think it is appropriate to do so by addressing the topic on a company message board? His concern isn't trivial, but his method of addressing it was tactless. Perhaps he underestimated the gravity of the topic at this specific time. With Google embroiled in a federal investigation regarding diversity, an open post to coworkers was a poor choice."}
{"_id": "594697", "title": "", "text": "The way to think about this is: what would happen to the family if stay-at-home Mom were to die. You obviously can't do anything about the loss, grief and trauma, but think about the financial implications. Assuming that Dad continues to work, and that the child is young, you are going to have to find someone to take care of him/her. If you have relatives willing to step in, that may be fine. but if not you will have to pay for daycare - an expense you don't now have. That's going to get less as the child goes to school, but not go away until he/she is old enough to look after themselves. Bringing up a child, as well as working a full time job, is pretty demanding. You may find that you don't have as much time for cleaning the house, cooking or other chores. Having a sum of money which can be used to hire help or pay for a few meals out can be very useful in these cases. Here is an article which places a value on the work done by a stay-at-home Mom. You might not need to pay for all of those services, but it gives you an idea of what the extra expenses might be.  Think about what extra money you might need to spend, and arrange for life insurance to cover it."}
{"_id": "594716", "title": "", "text": "You have not mentioned the dates when you left India. If you leave before Oct 2 then the income is taxable, else it is not. Taxability is not depended on whether you transfer the funds to India or NOT. It is dependent on whether you are NRI for tax purposes for the given financial year. Refer to this question for more details Will it be taxable if I transfer money from UK account to India account?"}
{"_id": "594724", "title": "", "text": "You are all now wards of the Mighty State of Israel, you are in debt to us and so are your children and your children's children. .and so on . .that is why we included so many Begats in your Bible, so you know the drill when this day came.  There are no Aliens only us who control your Fed and your Treasury and the Orange Puppet who delivered you to us.  Now bow to your new and ancient masters . .GOY!!!"}
{"_id": "594733", "title": "", "text": "If you like the idea of using votes to decide which deals are hot, you gotta give FatWallet.com a try."}
{"_id": "594755", "title": "", "text": "Risk in finance is defined as standard deviation of returns. This is a measure of size of your returns, both negative and positive. Since the mean return is positive (at least for the stock market and fixed income), if you double the standard deviation your mean return also doubles along with it. In this way you are compensated by the market for taking on more risk."}
{"_id": "594763", "title": "", "text": "Their biggest problem is that their main industry is shipping. Anything they could do to their currency wouldn't help the shipping industry at all. They can't even raise taxes, they aren't the only convenience flag in the world and ships are obviously very easy to move out.  The only industry they have that could get any benefit from a devaluation would be tourism, but that would be mostly negated by moving out of the euro."}
{"_id": "594768", "title": "", "text": "Oh look YET ANOTHER POST ABOUT THIS.  There have been probably around a half dozen posts about this start up that I have seen and I don't see everything that gets posted on Reddit.  This particular article is about a month old and has been submitted [eight other times](http://www.reddit.com/submit?url=http%3A%2F%2Fwww.businessinsider.com%2Fthis-28-year-old-is-making-sure-credit-cards-wont-exist-in-the-next-few-years-2011-11).  There are numerous other sources that have been linked too.  This isn't going to kill credit cards.  It isn't moving $350 million it is projected to reach that point.  The amount of posts about Dwolla is at the level of spam."}
{"_id": "594784", "title": "", "text": "If you're a US citizen/resident - you pay taxes on your worldwide income regardless of where you live. The logic is that Americans generally don't agree to the view that there's more than one country in the world. If you're non-US person, not physically present in the US, and provide contract work for a US employer - you generally don't pay taxes in the US. The logic is that the US doesn't actually have any jurisdiction over that money, you didn't earn it in the US. That said, your employer might withheld tax and remit it to the IRS, and you'll have to chase them for refund. If you receive income from the US rental property or dividends from a US company - you pay income tax to the US on that income, and then bargain with your home tax authority on refunds of the difference between what you paid in the US and what you should have paid at home. You can also file non-resident tax return in the US to claim what you have paid in excess. The logic is that the money sourced in the US should be taxed in the US. You earned that money in the US. There are additional rules to more specific situation, and there are also bilateral treaties between countries (including a US-Canadian treaty) that supersede national laws. Bottom line, not only that each country has its own laws, there are also different laws for different situations, and if some of the international treaties apply to you - it further complicates the situation. If something is not clear - get a professional advice form a tax accountant licensed in the relevant jurisdictions (in your case - any of the US states, and the Canadian province where you live)."}
{"_id": "594788", "title": "", "text": "One could wish that. If you speak to Chinese in China even they don't trust Chinese businessses and don't want Chinese goods. Hiring top European and American design and engineering firms for large projects doesn't help if the guy putting the base down decides not to follow the specifications or the subcontractor doing the concrete tries to save a few bucks and does a shoddy job.    As far as coming up with new ideas? Do you know why so many  Chinese firms and the government hack and steal information?  Group think is a way of life and no one wants to stick out."}
{"_id": "594800", "title": "", "text": "You can't prove any part of your last two paragraphs. Since this is the internet I'm inclined to not believe what you say (shocking).  I can provide a million examples of how the private sector is doing a higher quality and cheaper job of all of the things that government does.  Edit: I'm a college graduate living paycheck to paycheck, please don't advocate for higher taxes because trust me it won't help me or anyone you think it will help. (Because it never does)"}
{"_id": "594808", "title": "", "text": "They're both shitty. But you are ignorant if you think the DNC is not. Look no further than Hillary, making deals to make her and her family rich. She took donations from saudi arabia, morocco, qatar, kazakhstan and crooked businessmen from Russia"}
{"_id": "594832", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://bruegel.org/2017/10/an-irrational-choice-behavioural-economist-wins-nobel-prize/) reduced by 90%. (I'm a bot) ***** &gt; Martin Sandbu in the FT lists some of Thaler&amp;#039;s seminal contributions to behavioural economics, which reveal people&amp;#039;s bounded rationality, willpower and self-interest.  &gt; What needs to change? Between those who argue that imperfect rationality changes everything and those suggesting that the assumption of rationality is still the best game out there, Krugman asserts that the answer depends on the field.  &gt; If the market for financial advice is an efficient market where individuals pay to counter their behavioural biases, then these behavioural biases are as severe as suggested by the high price that individuals are ready to pay.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76q65t/bruegel_an_irrational_choice_behavioural/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229264 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **rationality**^#1 **Bryan**^#2 **market**^#3 **Thaler**^#4 **irrationality**^#5\""}
{"_id": "594833", "title": "", "text": "No, you don't. Self made means you didn't inherit your money. This person did not inherit his position. He did not inherit his money. He is earning it. He has had some advantages, but that doesn't make him not self-made.    If having an advantage means you're not self made, then when would the cutoff be? Would it be a certain level of wealth? But what about all those people in Africa/India/China? Surely no one born in the US faces that level of hardship, so then no one in America can be self made. Sorry, Oprah. Ok, so within the poorest of countries, there are still disparate levels of wealth. Surely Dinesh who was born to a destitute family in a rural part of India has it tougher than Vijay, who was born to a lower middle class family in Mumbai. Hm.. So to not have an advantage, we've now restricted ourselves to the absolute poorest people from the poorest countries. That is literally the only group of people who could be 'self made', because anything else would be subjective."}
{"_id": "594886", "title": "", "text": "Yes, precisely.Thanks. Which explains why the socialization process for most of us is based on a deference to authority, the virtues of hard work, merit and playing by the rules, whether at school, or at play or at the dinner table or in the street. Some few among us are taught a different curriculum, one based on entitlement."}
{"_id": "594896", "title": "", "text": "While I'd don't necessarily disagree with you, the example you use is a bad one, because there are problems of access to fresh produce (healthy food) in poor areas.  So the fat poor people is not because they eat a lot so much as because of what they can afford to eat, both in terms of time spent and availability of other options."}
{"_id": "594898", "title": "", "text": "Of course there is. Plenty of people in finance with average degrees. Front office may be difficult but there are plenty of middle office and back office roles that don't care as much about pedigree. On top of that finance is becoming one of the more reliable industries that are always hiring (at least until the next market crash)"}
{"_id": "594911", "title": "", "text": "\"Read \"\"Rich Dad, Poor Dad\"\" and learn about Cashflow Quadrants, specifically the difference between being self employed and being a business owner.    The short version is that when you're self employed, you just own your job, and your boss is a complete asshole.  Owning a business is about leveraging the efforts and capital of others, essentially \"\"Playing the orchestra\"\" as your instrument.    Edit:  BTW, gorgeous work!!\""}
{"_id": "594932", "title": "", "text": "The New York City press and Mayor Michael Bloomberg have been treating us to an elaborate charade. It goes like this: the press complains that the cops have prevented it from covering Occupy Wall Street and the mayor claims that's not true. What a farce! The press had to be dragged kicking and screaming to cover the Occupy movement when it should have been the first to defend the protesters' First Amendment rights to assemble and dissent. Neither the mayor nor the press gave a damn about the protesters' rights, but now the press wants to get in front of the story and pretend its First Amendment rights were abridged. Mayor Bloomberg got filthy rich off the First Amendment, but he was the first to abridge it in the name of all sorts of bogus excuses,"}
{"_id": "594935", "title": "", "text": "\"From some of your previous questions it seems like you trade quite often, so I am assuming you are not a \"\"Buy and Hold\"\" person. If that is the case, then have you got a written Trading Plan? Considering you don't know what to do after a 40% drop, I assume the answer to this is that you don't have a Trading Plan. Before you enter any trade you should have your exit point for that trade pre-determined, and this should be included in your Trading Plan. You should also include how you pick the shares you buy, do you use fundamental analysis, technical analysis, a combination of the two, a dart board or some kind of advisory service? Then finally and most importantly you should have your position sizing and risk management incorporated into your Plan. If you are doing all this, and had automatic stop loss orders placed when you entered your buy orders, then you would have been out of the stock well before your loss got to 40%. If you are looking to hang on and hoping for the stock to recover, remember with a 40% drop, the stock will now need to rise by 67% just for you to break even on the trade. Even if the stock did recover, how long would it take? There is the potential for opportunity loss waiting for this stock to recover, and that might take years. If the stock has fallen by 40% in a short time it is most likely that it will continue to fall in the short term, and if it falls to 50%, then the recovery would need to be 100% just for you to break even. Leave your emotions out of your trading as much as possible, have a written Trading Plan which incorporates your risk management. A good book to read on the psychology of the markets, position sizing and risk management is \"\"Trade your way to Financial Freedom\"\" by Van Tharp (I actually went to see him talk tonight in Sydney, all the way over from the USA).\""}
{"_id": "594938", "title": "", "text": "Firms don't have to pay too much after a wrongful death.  The Fed actually put a price on a persons death.  [Its $250,000](http://www.wrongfuldeath-law.com/CM/Resources/Wrongful-Death-FAQ.asp#types0) for emotional distress and any other non-economic loss they can prove.    For a large energy company having [on average 30 wrongful deaths a year](http://www.msha.gov/mshainfo/factsheets/mshafct2.htm). It probably wont change any numbers on a balance sheet."}
{"_id": "594940", "title": "", "text": "Thanks, Yeah I know. Here in Budapest we don't really have good meetups.  I visited a few digital nomad meetups those are great but we have just 1-2/year. On September we are planning to move to Thailand for a few months. Hopefully we will have better options for networking there."}
{"_id": "594948", "title": "", "text": "No, something doesn't seem right here.  There would be virtually no time value to the option 10 minutes before market close on the expiration day. What option is it, and what is the expiration? EDIT: It appears you were looking only at the ASK price. It was $2.05. However, the BID price was only $1.35 and the last transaction was $1.40. So the true value is right about $1.35 to $1.40 at this second.  This is a pitfall that tends to occur when you trade options with almost no volume. For instance, the open interest in that option is only 1 contract (assuming that is yours). So the Bid and the Ask can often be very far apart as they are only being generated by computer traders or the result of outdated, irrelevant human orders."}
{"_id": "594959", "title": "", "text": "\"I can think of one major income source you didn't mention, dividends.  Rather than withdrawing from your pension pot, you can roll it over to a SIPP, invest it in quality dividend growth stocks, then (depending on your pension size) withdraw only the dividends to live on. The goal here is that you buy quality dividend growth stocks.   This will mean you rarely have to sell your investments, and can weather the ups and downs of the market in relative comfort, while using the dividends as your income to live off of.   The growth aspect comes into play when considering keeping up with inflation, or simply growing your income.   In effect, companies grow the size of their dividend payments and you use that to beat the effects of inflation. Meanwhile, you do get the benefit of principle growth in the companies you've invested in.   I don't know the history of the UK stock market, but the US market has averaged over 7% total return (including dividends) over the long term. A typical dividend payout is not much better than your annuity option though -- 3% to 4% is probably achievable.   Although, looking at the list of UK Dividend Champion list (companies that have grown their dividend for 25 years continuous), some of them have higher yields than that right now.   Though that might be a warning sign... BTW, given all the legal changes around buy-to-lets recently (increases stamp duty on purchase, reduction in mortgage interest deduction, increased paperwork burden due to \"\"right to rent\"\" laws, etc.) you want to check this carefully to make sure you're safe on forecasting your return.\""}
{"_id": "594964", "title": "", "text": "\"Yes. Because you co-signed the loan, you are responsible for the loan just as much as she was. When you co-sign a loan, you are essentially saying \"\"I will pay this loan if the other person can't.\"\"\""}
{"_id": "594988", "title": "", "text": "I think you're missing my point. I'm not saying automation isn't useful or beneficial to society. I feel it's disingenuous to argue there would be no net job loss. Companies won't invest capital unless there is the prospect of a return. Therefore, they won't build robots unless they are saving on labor. If they have to replace an equal number of unskilled laborers with skilled laborers at a higher cost in addition to the capital expenditure to purchase the robots, it doesn't make sense to purchase the robots.  Companies adopt automation because it saves them money in the long run, mostly by replacing human workers and resulting in a net job loss."}
{"_id": "594990", "title": "", "text": "If you're talking about TRUPS (Trust Preferred securities) these are all but banned for new issuance under Dodd-Frank and other regulations. Although some companies still have outstanding TRUPS most have either matured, defaulted or been refinanced into some other form of debt. Its not really an available form of capital raising anymore."}
{"_id": "594993", "title": "", "text": "\"You have entirely missed the point.  Let us get race and class out of this.  Lets switch to something perhaps a bit less controversial -- and say there is one teacher that is really good at working with teenagers, and another that... well, just *isn't* any good working with that age group.  But the second teacher might work very well when working with *younger* children (and conversely the first teacher might be really poor at it).  The same \"\"bare performance metric\"\" (ratio of change in student retention/understanding of subjects before/after a semester with said teacher) could be used to measure BOTH teachers in BOTH environments, without being concerned with the \"\"specific details\"\" of the environment.  Same thing would would in cases of race/ethnicity, class, etc.  And I am not talking about \"\"federal programs\"\" here (nor even statewide union-negotiated \"\"systems\"\") -- that is all just one version or another of central planning bullshit, and it WILL be gamed -- I'm talking about allowing LOCAL parents/schools/administrators to hire/fire based on MERIT and performance (as they perceive it, and however they want to judge it; it doesn't HAVE to be homogeneous).\""}
{"_id": "595002", "title": "", "text": "Sure! Anything that affects the balance of supply and demand could cause rent prices to fall. I'll betcha rent prices in Wilmington, Ohio collapsed when the biggest employer, DHL, shut down. An economic depression of any sort would cause people to substitute expensive rentals for cheaper ones, putting downward pressure on rents. It would also cause people to double up or move in with family, decreasing demand for rentals. Anything that makes buying a house cheaper will actually make rents lower, too, because more people will buy houses when houses get cheaper... those people are moving out of rentals, thus decreasing demand for rentals."}
{"_id": "595016", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-03/singer-s-elliott-hedge-fund-returns-3-5-in-the-first-half) reduced by 88%. (I'm a bot) ***** &gt; Billionaire Paul Singer is warning of a growing and menacing threat: passive investing.  &gt; &amp;quot;Passive investing is in danger of devouring capitalism,&amp;quot; Singer wrote in his firm&amp;#039;s second-quarter letter dated July 27.  &gt; &amp;quot;In a passive investing world, small shareholders have little-to-no voice and no realistic possibility of banding together, while the biggest shareholders have no skin in the game so long as the money manager does not underperform the index by five-hundredths of a percentage point, in which case the customer calls up the money manager and starts yelling,&amp;quot; the letter said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6rk6w1/paul_singer_says_passive_investing_is_devouring/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~183138 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Singer**^#1 **let**^#2 **market**^#3 **fund**^#4 **passive**^#5\""}
{"_id": "595021", "title": "", "text": "Pamper yourself on a daily basis with the most elegant of our Tresaro Chenille robes\u2014Featured at world famous five star hotels and spas, you will feel refreshed and elegant. Our famous Tresaro robe is made from 100% chenille micro-fiber fabric. The Tresaro bath robe features a full shawl collar with"}
{"_id": "595023", "title": "", "text": "A communications strategy is designed to help you and your organization communicate effectively and meet Communication business plan organizational objectives. Here we look at the key elements of a communications strategy as well as how press/PR plans, web strategies and marketing plans fit into your organization\u2019s overall communications strategy."}
{"_id": "595028", "title": "", "text": "\"To address the issue in the title of your question: Many expenses strike at what for all practical purposes are random intervals. Roof starts leaking, car needs repair, etc, don't have a fixed cost every month. Medical expenses can certainly be more extreme than many other expenses, but their nature is the same. And so the way to budget for them is the same: You figure out what your average expenses are over a long period of time. Then you start putting away a little more than this amount every month. Keep putting away until you have a reserve larger than any expense you are likely to get hit with all at once.  I have no idea what your particular expenses are, so let me use myself for an example. My medical bills last year were unusually large: about $6,000. I have lousy insurance and a couple of chronic conditions, so my bills are usually maybe $1,000 to $2,000 per year. So I plan on about $150 per month for medical bills. Most insurance policies have an \"\"out of pocket maximum\"\". This should be the most you'd ever have to lay out in a year. Mine is $13,000. (I told  you my insurance sucks.) So I have an account that I have now built up to $13,000. Worst case, I wipe out that account. In any case, if my bills are that large, the doctors or hospital will normally agree to a payment plan. (I still owe a few hundred on my bills from last year and the hospital is letting me pay it off at $120 per month.) Your question brings up a lot of issues about difficulties of working with insurance and the U.S. medical system in general. I'm not sure if your intent was to get advice on the rest of it all. Simple -- not pleasant, but simple -- answer: If you're insurance is provided by your employer, you're pretty much stuck with the policy that the employer negotiates. I don't know how much you're contributing to premiums, usually the company pays the bulk of it. You could investigate getting a policy on your own, but odds are that any policy you could get for what you're contributing now would be way worse than what you can get through the company. You could always investigate, but I doubt you'll do better. You can talk to HR. If it's a big company, they may have some muscle with the insurance company and could help you out. Failing that, it becomes a political question of how the laws affecting medical care and insurance in the U.S. are set up, and while I have many ideas for how it could be improved, sadly I'm not in a position to do much about it, and I doubt you are either. Unless you have the resources to run for president.\""}
{"_id": "595029", "title": "", "text": "This is an all too common problem and is not easy to resolve. Divorce agreements do not alter prior mortgage contracts. Most importantly, the bank is not required, and will not normally, remove the girlfriend from the mortgage even if she quitclaimed it to her Ex. If he has abandoned the property there is a good chance he will not make any more future payments. She should be prepared to make the payments if he doesn't or expect her credit to continue to deteriorate rapidly. She needs to contact her divorce attorney to review their mutual obligations. A court can issue orders to try to force the Ex to fulfill the divorce agreement.  However, a court cannot impose a change to the mortgage obligations the borrowers made to the bank. Focus on this. It's far more important than adding her to a car loan or credit card. Sorry for the bad news. As for the car loan, it's best to leave her off the loan. You will get better terms without her as a joint owner. You can add her as an additional driver for insurance purposes. Adding her to your credit cards will help her credit but not a lot if the mortgage goes to default or foreclosure."}
{"_id": "595042", "title": "", "text": "\"One \"\"con\"\" I have not yet seen mentioned: retirement accounts are generally protected from creditors in a bankruptcy.  There are limits and exceptions, Roth has a 1.2 million dollar limit and can be split by a divorce QDRO for instance.  Link Since it seems you have no income this year, you may may be raiding your IRA for living expenses.   If there is a chance you may declare bankruptcy in the next year or so, consider doing that first and raid the IRA for seed money after.\""}
{"_id": "595050", "title": "", "text": "&gt; Most people don't understand HF as investment vehicles. They are meant to be market neutral and focused on absolute returns.  Good point. I bet a lot of managers are explaining that to their clients quite a bit right now haha."}
{"_id": "595090", "title": "", "text": "If you have complicated taxes (own a business, many houses, you are self employed, you are a contractor, etc etc) a person can make the most of your situation. If you are a w-2 single job, maybe with a family, the programs are going to be so close to spot on that the extra fees aren't worth it. I would never bother using HR Block or Liberty or those tax places that pop up.  Use the software, or in my state sometimes municipalities put on tax help days at the library to assist in filling out the forms. If you have tough taxes, get a dedicated professional based on at least a few recommendations."}
{"_id": "595092", "title": "", "text": "Whether looking to launch a new campaign or welcome a new agency into the mix, knowing how to write an effective marketing brief is essential. Therefore, the team and I at Agency Scouts have put together a brilliant infographic outlining the 8 essential elements of a marketing brief.   Enjoy!"}
{"_id": "595098", "title": "", "text": "\"http://www.npr.org/2012/04/24/151305380/student-loan-debt-exceeds-one-trillion-dollars  http://online.wsj.com/article/SB10001424052702303812904577295930047604846.html  Funny, this is from more than a month ago, and from reputable news sources.  Is someone behind the curve?  It didn't seem like the entire article was about student loans, so much as a \"\"state of the economy\"\" with an emphasis on student loans.\""}
{"_id": "595121", "title": "", "text": "There are penalties for failure to file and penalties for failure to pay tax.  The penalties for both are based on the amount of tax due.  So you would owe % penalties of zero, otherwise meaning no penalties at all. The IRS on late 1040 penalties: Here are eight important points about penalties for filing or paying late. A failure-to-file penalty may apply if you did not file by the tax filing deadline. A failure-to-pay penalty may apply if you did not pay all of the taxes you owe by the tax filing deadline. The failure-to-file penalty is generally more than the failure-to-pay penalty. You should file your tax return on time each year, even if you\u2019re not able to pay all the taxes you owe by the due date. You can reduce additional interest and penalties by paying as much as you can with your tax return. You should  explore other payment options such as getting a loan or making an installment agreement to make payments. The IRS will work with you. The penalty for filing late is normally 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. That penalty starts accruing the day after the tax filing due date and will not exceed 25 percent of your unpaid taxes. If you do not pay your taxes by the tax deadline, you normally will face a failure-to-pay penalty of \u00bd of 1 percent of your unpaid taxes. That penalty applies for each month or part of a month after the due date and starts accruing the day after the tax-filing due date. If you timely requested an extension of time to file your individual income tax return and paid at least 90 percent of the taxes you owe with your request, you may not face a failure-to-pay penalty. However, you must pay any remaining balance by the extended due date. If both the 5 percent failure-to-file penalty and the \u00bd percent failure-to-pay penalties apply in any month, the maximum penalty that you\u2019ll pay for both is 5 percent. If you file your return more than 60 days after the due date or extended due date, the minimum penalty is the smaller of $135 or 100 percent of the unpaid tax. You will not have to pay a late-filing or late-payment penalty if you can show reasonable cause for not filing or paying on time. If the IRS owes you a refund, April 15 isn't much of a deadline. I suppose the real deadline is April 15, three years later - that's when the IRS keeps your refund and it becomes property of the Treasury.  Of course, there's little reason to wait that long.  Don't let the Treasury get all your interest."}
{"_id": "595122", "title": "", "text": "They're also expected to have an above average level of physical fitness, a certain skill level, and a willingness to literally die at a moments notice for their job.  Can you say the same about yours or any job that pays at the median?"}
{"_id": "595131", "title": "", "text": "I have traveled to SE Asia several times, am from East Asia, and go to school in America. I didn't really notice a lot of difference in airport security. If anything it's travelers into America who are most heavily inspected."}
{"_id": "595133", "title": "", "text": "I had better healthcare when I had a full time job and the company provided it until ACA came around and the company changed the majority of full time positions to part time. Now I have two part time jobs and ACA healthcare with a high premium and insanely high deductible. Is that supposed to be good?"}
{"_id": "595152", "title": "", "text": "I had my car seized last year and I was charged thousands and had a ton of hardships and almost lost my car and was without it for 2 months due to this.   Also they didn't tell me what I was being charged. When I fell behind my car insurance, Wells Fargo automatically started charging me without notifying me. Also what pissed me off was they never told me about the charges when I went into the bank to pay my car note every month.  I paid my car note in person every month and I ASKED them every month what my payment was and they never once told me about any additional charges. That's what pissed me off. The fact that I walked into the bank every month, made my payment, and NO ONE informed me of any additional charges. Every month I walked in, verified my payment, and paid in full.  I was livid when I received a phone call months later that I owed thousands and when I asked if I could set up a payment plan because I couldn't pay all at once, I was threatened and insulted. Then a week or so later my car is missing from in front of my house and I began the long tedious process of getting it back.   It totally fucked up my finances and mental health. I hate Wells Fargo. So fucking shady. This stuff really affects real people."}
{"_id": "595153", "title": "", "text": "Roderick (Rod) Kagy, a successful executive in Fortune 100 organizations, entrepreneurial start-ups, and leader in business management has a long history of humanitarian advocacy. Being a specialist Rod was well recognized as professional in research administration and business turnaround across the world."}
{"_id": "595167", "title": "", "text": "\"&gt;Performance measurement in something like a manufacturing job, or cashier, or fry cook is fairly easy to measure.  You rather obviously just don't have much experience with the actual working world of \"\"jobs\"\" outside of academia.  IOW, your ignorant arrogance is showing. Dial it back.\""}
{"_id": "595171", "title": "", "text": "There are rules that prevent two of the reactive measures you suggest from occurring. First, on the date of and shortly following an IPO, there is no stock available to borrow for shorting. Second, there are no put options available for purchase. At least, none that are listed, of the sort you probably have in mind. In fact, within a day or two of the LinkedIn IPO, most (all?) of the active equity traders I know were bemoaning the fact that they couldn't yet do exactly what you described i.e. buying puts, or finding shares to sell short. There was a great deal of conviction that LinkedIn shares were overpriced, but scant means available to translate that market assessment into an influence of market value. This does not mean that the Efficient Markets Hypothesis is deficient. Equilibrium is reached quickly enough, once the market is able to clear as usual."}
{"_id": "595176", "title": "", "text": "\"What does everyone think of the impact of  passive dollar cost index investing pumping money into shares regardless of value?  Everywhere you look, people are saying \"\"just keep buying and don't look at the price as you can't time the market anyway\"\". This makes sense but also makes me wonder how his is impacting prices.\""}
{"_id": "595187", "title": "", "text": "This is the exact reason I don't live in an expensive city.  I turned down a job offer in DC paying 60k right out of school because I could get a similar salary in the midwest and pay about half as much in living expenses.    --Sent from a 2 bedroom apartment in an urban area with included laundry facilities for $750/month."}
{"_id": "595191", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://economictimes.indiatimes.com/news/politics-and-nation/indian-farmers-need-the-fundamental-economics-of-agriculture-to-be-fixed/articleshow/59195732.cms) reduced by 92%. (I'm a bot) ***** &gt; Farmer associations are demanding the implementation of distress formula proposed by agriculture scientist MS Swaminathan and the National Commission on Farmers: minimum support price that is the cost of production plus 50%. Kakkaji even wants adjustment for inflation.  &gt; &amp;quot;If there is a shortage in a commodity that could lead to price rise and better returns for the farmers, that would be countered in the integrated e-market because people will opt to bu y at lower prices elsewhere.  &gt; Pace Wisdom director Bharath Jatangi told ET Magazine: &amp;quot;Imagine if the government can predict the exact tonnes of production of all crops, tell farmers about fertile and nonfertile lands and insure accordingly so that there would be zero crop loss? We are able to do that by using algorithms that combine satellite imagery with weather and location data and correlate the outputs with economic datasets.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hyzdf/farmers_what_indian_farmers_really_need_a_total/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147113 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **farm**^#1 **price**^#2 **crop**^#3 **waive**^#4 **agriculture**^#5\""}
{"_id": "595200", "title": "", "text": "\"business  I want to invest in real estate (buy and hold, rent out), which i've already done a bunch of research on it. i figure i'll only need about 4k to begin because of the 3.5% down and i'll live in one unit and rent the others. i also want to start my own business, but that's a little further down on the list I think  i went to college in the first place because I felt I had to because all my friends did and that's what you're \"\"supposed\"\" to do\""}
{"_id": "595211", "title": "", "text": "Its different because, at least with both stock options and futures, the product is going to eventually get that money.  The difference is that you don't have to spend that money directly on that product right now, allowing you to invest far more then you can afford since you are going to cover that option or sell that contract long before you are ever going to be on hook for actually buying all those stocks or barrels of oil you were trading.  It's actually a good way for a middle class investor to become really wealthy, because if he is good all he needs is to save only about 10,000 to invest and he can invest like he's investing 100,000.  Obviously there's more risk too, but give and take i guess."}
{"_id": "595213", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.theatlantic.com/business/archive/2017/05/so-where-are-all-those-robots/528666/?single_page=true) reduced by 93%. (I'm a bot) ***** &gt; Most people agree that if automation were replacing workers, there would be an enormous productivity boom coinciding with massive job losses or a long period of miserably low wage-growth.  &gt; In an economy where automation is rendering humans obsolete in huge swaths of the economy, one would expect to see entire occupation categories getting wiped out, as people go unemployed or take jobs in other sectors.  &gt; First, there is only so much that one can say about the future of work from studying an economy many years into an expansion, since the most wrenching changes to the job force almost always occur during recessions.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fm5wy/where_are_all_the_robots/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~137783 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **job**^#1 **economy**^#2 **automation**^#3 **technology**^#4 **more**^#5\""}
{"_id": "595261", "title": "", "text": "You can get direct market access (DMA) but you have to pay for data, as this is part of the exchanges data plan, and there are plenty of other fees that are passed straight down to you. Your clearing firm also has fees that are passed on to you. In general you are looking at $150 a month on the low side, in data and software fees. If you wanted pure access, NASDAQ alone charges $6,000 a month last I checked. The different routes data routes to the exchange all have different rules, and they give you rebates for some kinds of orders in some conditions.  Brokers nowadays usually assume this responsibility (including collecting the rebates lol), at the very least, and charge an average price for routing your orders, a price that fits into their business plan and their target audience. Hope that helps."}
{"_id": "595275", "title": "", "text": "There are a few startups that have robots making the pizza. The only thing a human is used for is distributing the toppings evenly (that's being ironed out too), and refilling the pizza sauce and cheese containers. So it's not complete bs. Burgers, breakfast foods, pizzas and other things are being made by robots as we speak"}
{"_id": "595287", "title": "", "text": "I wouldn't be too concerned, yet.  You're young.  Many young people are living longer in the family home.  See this Guardian article: Young adults delay leaving family home.  You're in good company.  Yet, there will come a time when you ought to get your own place, either for your own sanity or your parents' sanity.  You should be preparing for that and building up your savings. Since you've got an income, you should \u2013 if you're not already \u2013 put away some of that money regularly.  Every time you get paid, make a point of depositing a portion of your income into a savings or investment account.  Look up the popular strategy called Pay Yourself First. Since you still live at home, it's possible you're a little more loose with spending money than you should be \u2013 at least, I've found that to be the case with some friends who lived at home as young adults.  So, perhaps pretend you're on your own.  What would your rent be if you had to find a place of your own?  If, say, \u00a3600 instead of the \u00a3200 you're currently paying, then you should reduce your spending to the point where you can save at least \u00a3400 per month.  Follow a budget. With respect to your car, it's great you recognize your mistake.  We're human and we can learn from our mistakes.  Plan to make it your one and only car mistake.  I made one too. With respect to your credit card debt, it's not an insurmountable amount.  Focus on getting rid of that debt soon and then focus on staying out of debt.  The effective way to use credit cards is to never carry a balance \u2013 i.e. pay it off in full each month.  If you can't do that, you're likely overspending. Also, look at what pensions your employer might offer. If they offer matching contributions, contribute at least as much to maximize the tax free extra pay this equates to. If you have access to a defined benefit plan, join it as soon as you are eligible. Last, I think it's important to recognize that at age 23 you're just starting out.  Much of your career income earning potential is ahead of you.  Strive to be the best at what you do, get promotions, and increase your income.  Meanwhile, continue to save a good portion of what you earn.  With discipline, you'll get where you want to be."}
{"_id": "595293", "title": "", "text": "Something doesn't have to be defective to return it to Walmart. You can return it for any reason. This let's you buy something and if it doesn't work out for any reason, return it. I end up doing this at Walmart for all kinds of reasons.   You can't do this with Amazon. If you try to return something to Amazon that isn't defective they will want you to pay the shipping."}
{"_id": "595298", "title": "", "text": "\"Sure, stocks don't pay interest. I just looked up the word \"\"compound\"\" in a couple of dictionaries and the relevant definition in all of them just mentioned interest and not growth in the value of stock. So it may be technically inaccurate to talk about \"\"compound growth\"\" of a stock. I'll yield to someone more knowledgeable about the technical language of finance to answer that part. But regardless of whether the word strictly applies, the concept certainly does. Suppose you put $1000 into a mutual fund and the fund grows by 10%. You now have $1100. The next year the fund grows by 15%. So you gain 15% of what? Of your original $1000? No, of your present balance, $1100. The effect is the same as compound interest. There is the fundamental difference that interest is normally a fixed rate: you get such-and-such percent a year as spelled out in a contract. But change in the value of a stock depends on many factors, none of them guaranteed.\""}
{"_id": "595306", "title": "", "text": "\"Just for clarification, my perspective on education background is from a front office associate at a BB that interacts with the traders and analysts at other BB's and HF's daily.... many of whom have become good friends.  Take it for what you will.  It's not my role to tell you which is right for you but I can definitely give an honest perspective of which is far more common.   &gt; There were 11,620 people who passed L3 last year   Doesn't take into account the number of these that were already MBA holders (quite a larger percent as MBA has become less competitive and a CFA is required to demonstrate the quantitative capacity of a MBA holder).  This is a huge factor in the skew of your numbers as MBA's have become dime a dozen, MBA holders are now being expected to hold a MS or get a CFA to establish that their quantitative skills are qualified for working on modern day wall st front office roles.  &gt; and became charter holders  Wrong.  Passing L3 doesn't automatically make you a charterholder.  You need the 48 months of approved experience in portfolio management, investment analysis, or market research.  These roles are becoming more and more exclusive to target graduates and mba holders so the likelihood of a CFA charterholder already having a MBA is actually increasing.  &gt; Now lets just take the top 25 MBA programs, that'd be 460 people/class graduating to reach this number. Actual numbers are MUCH lower than this.  Clearly you don't realize the graduate enrollment levels at target schools.  Lets take a look at full time enrollment (meaning 1/2 graduates each year) for the top 10 for finance:  * Wharton:  1,669 * UChi:  1,160 * NYU:  784 * Columbia: 1,264 * MIT:  804 * Stanford:  803 * Harvard:  1,808 * UC Berkley:  492 * UCLA:  750 * Northwestern:  1,201  That's averaging 536 graduates/year per school at the top 10 schools for finance.  To argue that there are no graduates from UNC, Duke, CMU, USC, Emory, Cornell, Georgetown, Dartmouth, Yale, IU, Rice, Vanderbuilt, etc on Wall St would be ignorance in its purest form.  &gt; Trust me, I'm a big fan of the CFA,   You might be a fan but clearly you don't know much about the exam.... keep reading and you'll see why  &gt; but I know some really dumb people who are charter holders because they learned to memorize a test.  Memorize a test?  You can def argue that for L1... Not for L2 or L3.  There's a reason there's such a collective failure amongst candidates that pass 1 and move on to L2 and L3.  L2 requires critical scenario understanding of the concepts more than the formulas itself.  It tests your ability to understand complex and unique FRA (such as repatriated foreign exhange delta's on cash flows)... Not just memorizing a formula and regurgitating.  L3 is even more removed from just formulas as requiring detailed essay responses.  3 hour section with 10-15 multipart essay questions?... yeah sounds like formula memorizing. /s  &gt; These same people would never get admitted to a top 10, no less 25 MBA program.  This is an irrelevant point.  There are plenty of top 10 and top 25 mba program grad's that wouldn't pass the CFA either.  Both emphasize different skillsets.  Front office wall st is becoming more and more geared towards MS holders and CFA charters... many MBA's holders and MBA programs lack the quantitative focus to take these roles and are being denied.  &gt;One thing I will give you, there are WAY too many MBAs in general (partially because of all the part-time, night-time, executive ones)... But an MBA is very different then a CFA in that its banded by school and category.  Absolutely.  That reinforces my entire point that MBA's are dime a dozen.  What are we arguing about again?...  MBA's are very different than a CFA in that even within target schools, they each emphasize on entirely different skills.  MIT Finance mba grads are far more likely to possess strong quantitative than say a Harvard MBA.  The reason is that the CFA is a standard qualification that focuses entirely on quantitative capacity.... it is like a MS in the sense that its a mile deep and a foot wide whereas MBA's are a foot deep and a mile wide.  &gt; Everyone with a CFA has the same CFA; however, a Wharton degrees sure carries a lot more clout than a UMD one...  You're right.  But a CFA isn't meant to be comparable and interchangeable with a Wharton degree.  The CFA's closest comparison is a MS in quantitative/computational finance.  So if you're trying to say CFA is less valuable than a MBA it's apples and oranges.  You never will see a job require a MBA or CFA... the CFA will always be listed on a job role as \"\"preferred MS/CFA\"\".  Try comparing CFA against a MS from Columbia or Carnegie Mellon MSCF grad and you might have valid results.\""}
{"_id": "595309", "title": "", "text": "Depending on the student loan, this may be improper usage of the funds.  I know the federal loans I received years ago were to be used for education related expenses only.  I would imagine most, if not all, student loans would have the same restrictions. Bonus Answer: You must have earned income to contribute to an IRA (e.g. money received from working (see IRS Publication 590 for details)).  So, if your earmarked money is coming from savings only, then you would not be eligible to contribute.  As far as whether you can designate student loans for the educational expenses and then used earned income for an IRA I would imagine that is fine.  However, I have not found any documentation to support my assumption."}
{"_id": "595317", "title": "", "text": "\"From April 2017 the plan is that there is now also going to be a \"\"Lifetime ISA\"\" (in addition to the Help to Buy ISA). Assuming those plans do not change, they government will give 25% after each year until you are 50, and the maximum you can put in per year will be \u00a34000. Catches:  You can only take the money out for certain \"\"life events\"\", currently: Buying a house below \u00a3450000 anywhere in the country (not just London).  Passing 60 years of age. If you take it out before or for another reason, you lose the government bonus plus 5%, ie. it currently looks like you will be left with 95% of the total of the money you paid in. You cannot use the bonus payments from this one together with bonus payments from a Help to Buy ISA to buy a home. However you can transfer an existing Help to Buy ISA into this one come 2017. While you are not asking about pensions, it is worth mentioning for other readers that while 25% interest per year sounds great, if you use it for pension purposes, consider that this is after tax, so if you pay mostly 20% tax on your income the difference is not that big (and if your employer matches your contributions up to a point, then it may not be worth it). If you pay a significant amount of tax at 40% or higher, then it may not make sense for pension purposes. Tax bands and the \"\"rates\"\" on this ISA may change, of course. On the other hand, if you intend to use the money for a house/flat purchase in 2 or more years' time, then it would seem like a good option. For you specifically: This \"\"only\"\" covers \u00a34000 per year, ie. not the full amount you talked about, but it is likely a good idea for you to spread things out anyway. That way, if one thing turns out to be not as good as other alternatives it has less impact - it is less likely that all your schemes will turn out to be bad luck. Within the M25 the \u00a3450000 limit may restrict you to a small house or flat in 5-10 years time. Again, prices may stall as they seem barely sustainable now. But it is hard to predict (measures like this may help push them upwards :) ).  On the plus side, you could then still use the money for pension although I have a hard time seeing governments not adjusting this sort of account between now and your 60th birthday. Like pension funds, there is an element of luck/gambling involved and I think a good strategy is to spread things if you can.\""}
{"_id": "595332", "title": "", "text": "ArcelorMittal is the parent company in Luxembourg; ArcelorMittal USA is the LLC subsidiary that operates in north america.  Since the subsidiary is a private company, I can't tell you what their financials actually look like, but from the parent company earnings conference comments; business is down in north america.  The profit-sharing agreement is quite likely with the USA subsidiary and not directly to the parent company."}
{"_id": "595336", "title": "", "text": "\"&gt; 10 Filthy-Rich, Tax-Dodging Hypocrites Pushing Disastrous Austerity on America \u2013 The Fix the Debt coalition is using the so-called \"\"fiscal cliff\"\" to push the same old corporate agenda of more tax breaks while shifting the burden on to the rest of us.  That kind of rhetoric helps no one.  Also, doesn't this belong in /r/politics?\""}
{"_id": "595349", "title": "", "text": "Diversify, diversify, diversify. Gold, USD, Swiss Franc and one thing that hasn't really been mentioned yet: equities.  Yes, they may go down if the recession gets worse but at the end of the day you have a claim to a company. That's a physical asset. It's also a hedge against inflation/devaluation just like foreign currencies and precious metals. Make sure that you invest in companies that actually produce something that will always be needed though. I.e. Siemens, Novartis, Caterpillar etc. NOT the Zyngas and Facebooks of the world!"}
{"_id": "595376", "title": "", "text": "Party bus rentals will give the alternative of satellite TV for your amusement needs. Encompass sound stereo are added to get high caliber in sound. For immovability, class and style, Boulder party buses are outstanding decision and it will give you everlasting voyaging background."}
{"_id": "595383", "title": "", "text": "It sort of sounds like you want to contradictory things: (1) to fix your credit so you will be able to get loans and (2) to have more money available to spend now. It sounds like the latter is probably not possible.  Not without getting into a worse situation than you are currently in (based on what you have written the next step is payday loans and the like, which is basically financial suicide). Fixing your credit is simple.  It's just not fun.  Cut your spending.  Cut it way, way, way down.  You will certainly have to change your lifestyle. I'd suggest taking a second job. Make the minimum payment on everything, then put all your extra money toward the most pressing things: I would focus on the former.  As you pay down your debt your utilization will go down, and this will raise your score automatically.  When you pay off your highest interest rate debt, don't change your spending.  Instead put everything you were putting to that to the next highest debt you have.  Continue until your highest interest rate loan is at or below the mortgage rate. When you get to this point you will notice that your credit score is vastly better and you are no longer spending all your money on interest.  You will probably be in a position to buy a home.  And you will have the satisfaction of knowing you did it yourself, rather than having a bankruptcy judge force you to change your lifestyle. A note on the items in collections: make sure they are all legit.  If any are wrong, it is pretty straightforward to contest them with the credit bureaus and get them taken off.  Things in collections will drop your score severely."}
{"_id": "595391", "title": "", "text": "\"And people want \"\"Guaranteed Basic Living Income\"\" for the poor.  LOL!!!!!!  Once elderly can live off social security alone, we can then talk about \"\"basic income\"\".  P/S: by the time I retire, I doubt I will get anything form SS... so I don't even count on SS when saving for retirement.\""}
{"_id": "595409", "title": "", "text": "I agree 100% with that and management should consider that however, generally speaking, when it comes to these very low skill jobs, there is going to be someone else out there that is capable of doing the job just as well that is willing to do it for minimum wage"}
{"_id": "595414", "title": "", "text": "Facebook is going down hill as a site. It's constantly cluttered with ads on the news feed, and now videos. The comment sections are full of spam, fake accounts and lots pf banter.  The site is way off from what it once was, it completely takes the enjoyment of being their away from users. Plus Twitter,  Reddit, Snapchat and other social sites seem to be were people are turning to."}
{"_id": "595427", "title": "", "text": "\"It sounds like the kinds of planners you're talking to might be a poor fit, because they are essentially salespersons selling investments for a commission. Some thoughts on finding a financial planner The good kind of financial planner is going to be able to do a comprehensive plan - look at your whole life, goals, and non-investment issues such as insurance. You should expect to get a document with a Monte Carlo simulation showing your odds of success if you stick to the plan; for investments, you should expect to see a recommended asset allocation and an emphasis on low-cost no-commission (commission is \"\"load\"\") funds. See some of the other questions from past posts, for example What exactly can a financial advisor do for me, and is it worth the money? A good place to start for a planner might be http://napfa.org ; there's also a franchise of planners providing hourly advice called the Garrett Planning Network, I helped my mom hire someone from them and she was very happy, though I do think your results would depend mostly on the individual rather than the franchise. Anyway see http://www.garrettplanningnetwork.com/map.html , they do require planners to be fee-only and working on their CFP credential. You should really look for the Certified Financial Planner (CFP) credential. There are a lot of credentials out there, but many of them mean very little, and others might be hard to get but not mean the right thing. Some other meaningful ones include Chartered Financial Analyst (CFA) which would be a solid investment expert, though not necessarily someone knowledgeable in financial planning generally; and IRS Enrolled Agent, which means someone who knows a lot about taxes. A CPA (accountant) would also be pretty meaningful. A law degree (and estate law know-how) is very relevant to many planning situations, too. Some not-very-meaningful certifications include Certified Mutual Fund Specialist (which isn't bogus, but it's much easier to get than CFP or CFA); Registered Investment Adviser (RIA) which mostly means the person is supposed to understand securities fraud laws, but doesn't mean they know a lot about financial planning. There are some pretty bogus certifications out there, many have \"\"retirement\"\" or \"\"senior\"\" in the name. A good question for any planner is \"\"Are you a fiduciary?\"\" which means are they legally required to act in your interests and not their own. Most sales-oriented advisors are not fiduciaries; they wouldn't charge you a big sales commission if they were, and they are not \"\"on your side\"\" legally speaking. It's a good idea to check with your state regulators or the SEC to confirm that your advisor is registered and ask if they have had any complaints. (Small advisors usually register with the state and larger ones with the federal SEC). If they are registered, they may still be a salesperson who isn't acting in your interests, but at least they are following the law. You can also see if they've been in trouble in the past. When looking for a planner, one firm I found had a professional looking web site and didn't seem sketchy at all, but the state said they were not properly registered and not in compliance. Other ideas A good book is: http://www.amazon.com/Smart-Simple-Financial-Strategies-People/dp/0743269942 it's very approachable and you'd feel more confident talking to someone maybe with more background information. For companies to work with, stick to the ones that are very consumer-friendly and sell no-load funds. Vanguard is probably the one you'll hear about most. But T. Rowe Price, Fidelity, USAA are some other good names. Fidelity is a bit of a mixture, with some cheap consumer-friendly investments and other products that are less so. Avoid companies that are all about charging commission: pretty much anyone selling an annuity is probably bad news. Annuities have some valid uses but mostly they are a bad deal. Not knowing your specific situation in any detail, it's very likely that 60k is not nearly enough, and that making the right investment choices will make only a small difference. You could invest poorly and maybe end up with 50K when you retire, or invest well and maybe end up with 80-90k. But your goal is probably more like a million dollars, or more, and most of that will come from future savings. This is what a planner can help you figure out in detail. It's virtually certain that any planner who is for real, and not a ripoff salesperson, will talk a lot about how much you need to save and so forth, not just about choosing investments. Don't be afraid to pay for a planner. It's well worth it to pay someone a thousand dollars for a really thorough, fiduciary plan with your interests foremost. The \"\"free\"\" planners who get a commission are going to get a whole lot more than a thousand dollars out of you, even though you won't write a check directly. Be sure to convert those mutual fund expense ratios and sales commissions into actual dollar amounts! To summarize: find someone you're paying, not someone getting a commission; look for that CFP credential showing they passed a demanding exam; maybe read a quick and easy book like the one I mentioned just so you know what the advisor is talking about; and don't rush into anything! And btw, I think you ought to be fine with a solid plan. You and your husband have time remaining to work with. Good luck.\""}
{"_id": "595430", "title": "", "text": "I'm not sure this is a safe assumption, necessarily. If the take is sufficient to permanently satiate whatever monetary need motivated the initial crime, risk in the ratio will remain the same but reward will be significantly altered. Having little wealth and gaining a great deal of wealth is different from having a great deal of wealth and getting even more wealth. As the risk/reward ratio would change, the decision-making process would not be the same."}
{"_id": "595436", "title": "", "text": "I like this option, rather than exposing all 600k to market risk, I'd think of paying off the mortgage as a way to diversify my portfolio. Expose 400k to market risk, and get a guaranteed 3.75% return on that 200k (in essence). Then you can invest the money you were putting towards your mortgage each month.  The potential disadvantage, is that the extra 200k investment could earn significantly more than 3.75%, and you'd lose out on some money. Historically, the market beats 3.75%, and you'd come out ahead investing everything. There's no guarantee. You also don't have to keep your money invested, you can change your position down the road and pay off the house. I feel best about a paid off house, but I know that my sense of security carries opportunity cost. Up to you to decide how much risk you're willing to accept. Also, if you don't have an emergency fund, I'd set up that first and then go from there with investing/paying off house."}
{"_id": "595439", "title": "", "text": "Don't have those degrees or even work in finance, but here's the bottom line: Study the job market in YOUR community or what city you want to work in. Ask around at your university and frequent the job searching websites to get a feel for what the potential job market will be like."}
{"_id": "595441", "title": "", "text": "Beg, plead, whimper, and hope they take pity on you. Sorry, but there's no way to force someone to take less than you legitimately owe them except to declare bankrupty, and even that may not do it. If they aren't interested in throwing away $3000, your best bet really is to try to arrange a payment plan, or to get a loan from somewhere and pay that back over time. Of course either of those options is likely to cost you interest, but that's what happens... I wish I could say something else, but there really isn't any good news here."}
{"_id": "595451", "title": "", "text": "I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Renewables will give more people access to electricity than coal, says IEA](https://np.reddit.com/r/talkbusiness/comments/788sb9/renewables_will_give_more_people_access_to/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"_id": "595455", "title": "", "text": "I know you say you are aware of secured and unsecured debt and you've made your decision.  Did you do the numbers?  You will pay 44k over the life of the mortgage for that 24k (Based on 4.5% APR mortgage). Once you refinance your mortgage, do you plan on using credit for a while?  Lots of Americans are hyperfocused on credit scores.  The only times it affects your life are when you finance something, when you apply to rent a house or apartment, and sometimes when you apply for a job.  Credit score should not be a factor in this decision. You're borrowing the money at a lower rate to pay off the high rate cards because you want to pay less in interest.  Considering #1 is there any reason NOT to pay off the cards immediately, if not sooner?"}
{"_id": "595462", "title": "", "text": "All lenders make money from loans, despite the fact that there will be some defaults, they just have to make enough money from those that don't default to offset the losses from those that do, so that their over all profit is good enough to be justified, so there's no reason the p2p lending companies can't protect your loan. If you remove the risk of losing your investment you can expect your return to be reduced though, as they have to take more profit away from you in order to fund the pool used to pay out when there is a default. This doesn't necessarily mean your money is completely safe though, if the p2p lender itself went bust you would probably still lose your money, unless it was appropriately insured. I'm not sure liquidity is really the right word really, liquidity is about encashment without serious penalty. If you can transfer the debt to someone else at any time then liquidity is good, but if you don't really have that option (as most lenders don't) then your investment amount (whatever isn't paid back yet) is completely illiquid still, just for a shorter time. I don't see how the term is important myself, there are many investments that have differing maturity time scales, and you just have to pick one that has a suitable time scale, return and risk for you. 1% charge or not, there is still an ultimate net return on investment, secondary market or not. Virtually any investment has costs of some sort, you just have to take them into account and make sure you don't get fooled into thinking the ROI is better than it seems because of the way they've packaged and presented it."}
{"_id": "595470", "title": "", "text": "Godrej Nest Floor Plans completely define the large residences at Sector 150 Noida. It ranges from 1250 to 3050 Sq.ft including 2BHK,3BHK,3.5BHK &amp; 4.5BHK within normal and iconic towers. It is the most promising apartments coming near to Noida - Greater Noida Expressway. http://www.smcrealty.com/godrej-nest-150-noida/floor-plans.php"}
{"_id": "595476", "title": "", "text": "\"The \"\"Actual Applied Rate\"\" of 7.5% is the total amount of interest charged over the life of the loan, $2,204.82, divided by the loan amount divided by three years. This amount is lower than the actual interest rate of 13.69% because interest charges are based on loan principle which reduces over the life of the loan.\""}
{"_id": "595481", "title": "", "text": "Right in the article he argues that his business experience (where he was involved in outsourcing) means that he understands the reasons why businesses outsource and this makes him well qualified to devise policy that will entice employers to bring those jobs back to the US.  Like him or not, that's a fair argument."}
{"_id": "595500", "title": "", "text": "I feel like if you go to a non-target school that gets no love then it's a good way to show that you learned finance and you're just as good as the other folks. Whether its worth the time it takes to study, that's for you to decide. Although I've heard if you have an undergrad degree in finance the level 1 is not ridiculously hard."}
{"_id": "595506", "title": "", "text": "If you are interested in this stuff, S&amp;P produce a sovereign rating methodolgy, in which they will tell you exactly what factors they look at.  Once you read this, you can obtain their latest rating report on India and Spain to understand how they applied said methodology in each case. (Not sure if this is free)"}
{"_id": "595509", "title": "", "text": "\"Trust me, so am I.  We really had *feared* the scenario you painted -- everyone in the HOA has been very pleased that it didn't happen that way.  My point isn't that you are wrong (I think in some markets what you are talking about undoubtedly IS happening) -- rather that it isn't necessarily happening that way everywhere.  Indeed, some of the people who have bought in our area were people who seem to have a more \"\"frugal\"\", solid, long-term mindset, and who had rented throughout the bubble years, often despairing of ever being able to afford a home (but being unwilling to pay the high prices/go deep into debt w/o any equity at all, so they simply endured it and saved {and saved}, hoping to someday... and their patience has been rewarded, some have been able to use what they thought would merely be a modest \"\"down payment\"\" to nearly buy the houses outright, taking on minimal debt and then using that to refurbish the homes).\""}
{"_id": "595523", "title": "", "text": "&gt; That junky site constantly has completely outrageous headlines upvoted to the top over an over again, only to read the article and find out they have sensationalized and essentially re-written content from other sites.  That's internet journalism for you.  There are gobs of sites like this - alternet, theyoungturks, washingtonsblog, counterpunch, prison planet, the whole gawker network, and so so many more.    But tossing them would be tossing based on crappy content, rather than spamming.  Just downvote them &amp; move on.  Really a shame though, when great sites like theatlantic get banned for engaging in shady promotion."}
{"_id": "595526", "title": "", "text": "&gt;Nail holes.  If they were the small picture hanging nail holes and there were only a couple of them then it would be normal wear and tear.  If they used  regular nails to hand them then no, that's a misuse.  If there were a lot of nail holes (think a collage of 15 pictures all together on one wall) then it is not normal wear and tear.  &gt;The stains were small discolorations, not big purple splotches of wine.  Stains are never considered normal wear and tear.  Stains are excessive.  &gt;The carpet was old when they got there also  Was it in good shape or poor shape?  If it was fraying and had worn paths in it when they arrived then I would make an argument stating that the carpet was is disrepair to begin with."}
{"_id": "595530", "title": "", "text": "No, Q4 was at 2.1% as part of the break from the norm (annually was the five year low of 1.6%). The reversal of a trend and upward forecasting does indicate expansion. The fact that unemployment is at a 16 year low is what makes it a bigger deal because it's sustainable."}
{"_id": "595541", "title": "", "text": "\"There is an economic principle called \"\"non-satiation,\"\" which translated into plain English means \"\"people always want more.\"\" (This was best illustrated in the movie, Oliver Twist, \"\"Please sir, can I have MORE?\"\") Over time, most people won't be satisfied with \"\"things as they are.\"\" Which is why growth is so important. Many behavioral economists would argue that it is not the LEVEL of utility, but rather the utility CHANGES (in calculus, \"\"deltas\"\" or \"\"derivatives\"\") that make people happy. Or not.\""}
{"_id": "595556", "title": "", "text": "&gt; Just like you don't wear hockey skates to play football, you don't wear stupid looking shoes to work in finance.  Did you respond to the wrong person?  I'm the one making fun of people wearing dumb as fucj square toed shoes here lol.   My comment was that if the person above thinks I have a stick up my ass for making fun of his dumb as fuck shoes, he's too insecure to be in finance."}
{"_id": "595564", "title": "", "text": "Good read. I do wish there were more stats on the issues associated with geographic concentration touched upon in the article. For example, how are the economic gains of being in an urbanized environment mitigated by the costs associated with traffic jams, urban poverty and crime? What would happen to the economy of the US if those inefficient small cities kept declining, how would it have to change?"}
{"_id": "595569", "title": "", "text": "Thanks for responding. Ive been weighing my options and i still have quite a ways to go before im MIG/TIG/stick certified. But i am actually leaning more towards focusing on welding first and foremost because its faster money. If i get on my cousins crew i could potentially make close to 50-60k my first year (and thats just as a welders helper, not an actual welder) therefore, theres potential to advance to an actual welding job where i could make 100k+ (hopefully i have some luck and get that opportunity early in my career).  That will give me time to pay off my student loans, all the money my family has helped me with, buy a house which will eventually become another income, and even save A LOT after thats all paid off! I think thats the safer option for me starting off and then ill have more money to invest in local buisnesses such as the pizza joint and most likely open a welding shop a little later. I just need to bust ass and make as much money as possible for the next 4 or 5 years so i can settle down and not travel for work as much.   Nothing is set in stone yet and obviously im weighing all options but i wanted to get opinions on the subject. Especially because the pizza joint expanding idea was just presented to me the other day."}
{"_id": "595605", "title": "", "text": "\"Yes, you would pay no taxes at the time of purchase. In fact, this is not uncommon. Many early employees of startup companies are offered stock options that can be \"\"early-exercised\"\" (exercised before they vest). In such a case, an employee who exercises immediately upon grant (and assuming the exercise price of the option is the FMV at the time of grant) purchases the stock at FMV, and there no no tax paid when filing 83(b) election.\""}
{"_id": "595615", "title": "", "text": "If you want to maximize your expected benefits, at minimal risk of financial repercussions or sleepless nights, I would suggest the following. Send an email explaining the situation, and announce that you plan to use the points if they do not advise otherwise. Here is an example message: Dear sir/madam, I recently contacted your helpdesk to mention that I believe my points   balance is higher than it should be, and I was told that I could   consider the extra points a gift. I assume that settles it, but in   case I am mistaken please contact me within 4 weeks. My customer   number is xxxx. Kind regards, Note that it is no problem if they don't reply, but you may want to push for a (possibly automated) confirmation of receiving your message.  I would not be surprised if they still reduce your balance sometime in the future, but you should be reasonably covered if they try to reclaim any points that you already spent."}
{"_id": "595625", "title": "", "text": "\"Dividends are one way to discriminate between companies to invest in. In the best of all worlds, your investment criteria is simple: \"\"invest in whatever makes me the most money on the timeline I want to have it.\"\"  If you just follow that one golden rule, your future financial needs will be taken care of! Oh... you're not 100% proof positive certain which investment is best for you?  Good.  You're mortal.  None of us magically know the best investment for us.  We wing it, based on what information we can glean.  For instance, we know that bonds tend to be \"\"safer\"\" than stocks, but with a lower return, so if something calls itself a bond, we treat it differently than we treat a stock. So what sorts of information do we have?  Well, think of the stock market linguistically.  A dividend is one way for a company to communicate with their stockholders in the best way possible: their pocketbooks.  There's some generally agreed upon behaviors dividends have (such as they don't go down without some good reason for it, like a global recession or a plan to acquire another company that is well-accepted by the stockholders).  If a company starts to talk in this language, people expect them to behave a certain way.  If they don't, the stock gets blacklisted fast.  A dividend itself isn't a big deal, but a dividend which isn't shunned by a lot of smart investors... that can be a big deal. A dividend is a \"\"promise\"\" (which can be broken, of course) to cash out some of the company's profits to its shareholders.  Its probably one of the older tools out there (\"\"you give investors a share of the profits\"\" is pretty tried and true).  It worked for many types of companies.  If you see a dividend, especially one which has been reliable for many years, you can presume something about the type of company they are. Other companies find dividend is a poor tool to accomplish their goals.  That doesn't mean they're better or worse, simply different.  They're approaching the problem differently.  Is that kind of different the kind you want in your books?  Maybe.  Companies which aren't choosing to commit a portion of their profits to shareholders are typically playing a more aggressive game.  Are you comfortable that you can keep up with how they're using your money and make sure its in your interests?  It can be harder in these companies where you simply hold a piece of paper and never get anything from them again.\""}
{"_id": "595633", "title": "", "text": "Typically, a direct debit is set up by the company who will be receiving the money, not by you or your bank. So you need to contact your credit card company, and ask them to set up the direct debit."}
{"_id": "595642", "title": "", "text": "It's called carry-trade. They can borrow from governments that have 0% int rates, exchange it for dollars, and then buy u.s. treasuries. Japan would never ever raise their interest rates as their economy runs on keynesian fumes."}
{"_id": "595651", "title": "", "text": "\"The prices we pay for goods and services aren't set by our levels of income. Why should the compensation we owe the community in taxes?  LVT and rent(along with their capitalisation into selling prices) are economically one and the same thing. The only difference is who collects.  If LVT is an \"\"Income Tax\"\", then so is rent or mortgage repayments. In fact paying for anything is an \"\"Income Tax\"\".  The LVT is merely the way by which we equally share the value derived from scarce natural resources. If we don't do that then inequality and dysfunction are baked into our economies and societies.  LVT doesn't tax the wealth people create from land but taxes the wealth creating potential of land. It is the arbitrariness of taxing incomes, capital and transactions that causes deadweight losses, whereas the LVT has none.    This is because it is set by market (not levels of income) as the amount an individual or firm is prepared to pay for exclusive use of that location. So if you cannot pay the LVT then someone else will.  That is not only fair, but the optimally efficient way of allocating resources.  This is how a capitalist, free market based economy is supposed to work. Those that opposed the LVT are nothing but Blue Socialists.\""}
{"_id": "595665", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.higherrockeducation.org/blog/chinas-new-silk-road) reduced by 88%. (I'm a bot) ***** &gt; China&amp;#039;s New Silk Road For over 1,500 years the Silk Road provided land and sea trade routes that connected the East and West.  &gt; What was the Silk Road Route, and how is that important today? The Silk Road traveled through areas that are today some of the most isolated and unstable regions of the planet - countries like Afghanistan, Somalia, Iraq, and Syria.  &gt; China plans to invest $1.4 trillion in ports, railways, and pipelines of 68 nations along the old Silk Road. According to President Xi Jinping, One Belt, One Road will bring nations together in trade and encourage peace, stability, and economic growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ji514/china_has_a_new_silk_road_in_the_present_day_is/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~152536 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **trade**^#1 **China**^#2 **Road**^#3 **Silk**^#4 **Agreement**^#5\""}
{"_id": "595686", "title": "", "text": "\"Try doing a search for \"\"dry cleaner wicker park chicago\"\". The top 4 or 5 results in Google are Yelp results. In fact, try any Google search for a local service and put the neighborhood in the search. Google may use a different rating system for their local review site but they still give a tremendous amount of power to Yelp - especially for specific local searches.\""}
{"_id": "595696", "title": "", "text": "For road trips we have the Tesla Superchargers.  They're fast-chargers spaced along all major highways in the US and Europe.    You're going to scoff at waiting 30-45 minutes for a charge, but again - it's only something you do on long trips.  The other 90% of your driving is wait-free."}
{"_id": "595697", "title": "", "text": "I think you're not considering the opportunity cost of giving up your money early.  I'm not sure what the total money you have to spend, but spending extra on things you're going to buy later might not be the best choice.   Consider you could just get a credit card that does 3% (6% with fee) on groceries, 3% on gas, etc.  So you can make some money there without spending it all up front. Also, you could be turning that money into more money by investing it.  Assuming you're not going to just carry a balance and pay interest on the card, you have this cash on hand to invest. One more thing, I'm not sure of your financial situation but I don't think something like spending an extra 5k is a pittance to you (since you wanted $500 so badly).  Having the cash at hand has its own advantages even if you're just sitting on it. In short, consider if you want to follow through with this plan.  You can still keep the card."}
{"_id": "595707", "title": "", "text": "My wife and I have done a good job teaching our daughter, now 15, that one does the right thing, simply because it's the right thing to do. This may not work for every child, but it did for us. Her motivation was never punishment, we explained that if she did the wrong thing, it's awful to have to live with that.  On one hand, THEAO's answer is correct, the stick the IRS wields is the audit and fines. I suppose from a legal standpoint, we comply with laws to avoid punishment. I find this to be unfortunate. To get back on topic - I started with an answer more appropriate to Parenting because I have a very precocious child for whom I addressed this question a decade ago. The latter portion of my response helps to give tangible benefits which have value even if less than the tax you might be paying."}
{"_id": "595739", "title": "", "text": "\"It's a pretty lengthy explanation but to put it into a few bullet points:  * Nuclear power produces zero carbon emissions * They take up the smallest amount of space relative to the energy produced compared to all other forms of power production * Nuclear power can utilize the existing infrastructure and provide ultra reliable, clean energy * Updating to current reactor technology largely reduces the \"\"radioactive waste\"\" problem (see fast breeder tech) * Updating to current reactor technology largely solves safety issues * Moving to next-gen MSRs (Molten-Salt Reactors) introduce a higher efficiency, ultra-safe design, with no risk of \"\"melt-down\"\" or concern about weapons conversions * Some MSRs ([such as a LFTR](https://www.nei.org/Issues-Policy/Protecting-the-Environment)) show signs of being potentially world changing and making energy ridiculously cheap with no radioactive waste  That's a primer to start. :)\""}
{"_id": "595743", "title": "", "text": "&gt; I no longer have the fantasy belief that I can do better managing my money than professional investors  The pension fund probably lost about as much as your investments did, but they still had to pay out as if they were meeting their targets. I understand you weren't really offered a choice between a higher salary or a pension, so my observation is academic, but to me it just seems strange to believe that a company can pay you a fixed sum of money 30 years in the future.   Maybe it's just a generational thing but the whole idea of investing (figuratively) your entire future in a single company doesn't make sense to me. I actually think it's good in the long run that we're moving away from the work at one company your entire life model. Companies shouldn't be in the business of providing retirement benefits any more than they should healthcare plans, IMO."}
{"_id": "595759", "title": "", "text": "See this spread sheet I worked up for fun.   https://docs.google.com/spreadsheets/d/1ZhI-Rls4FpwpdpEYgdn20lWmcqkIEhB-2AH0fQ7G2wY/edit?usp=sharing  If you are really crazy you can do what I did and model the rates (modified normal) and expenses (large items like the roofing being replaced on exponential) distribution and run a monte carlo simulation to get maximum likely losses by years and ranges of final values.  P.S. As a side note, this spreadsheet makes a lot of assumptions and I would consider it absolutely necessary to be able to build a sheet like this and understand all the assumptions and play with it to see how quickly this can turn into a losing investment before making any business investments."}
{"_id": "595765", "title": "", "text": "When you take the self employed health care deduction on on Line 29 of form 1040 for 2010 it also will lower your self employment tax.  See line 3 of Schedule SE.  You report your net earnings from self employment less line 29 from 1040."}
{"_id": "595772", "title": "", "text": "I'd agree it's something they're no good at, there's no reason to think they would be. Indeed, there aren't many good examples of nation building to point at, in that part of the world at least.   This again avoids the point, which is that military functions are being outsourced - I assume you really agree, and that to the extent there's a debate, it's only about the extent."}
{"_id": "595773", "title": "", "text": "The idea of it being one state is kind of unrealistic, in terms of population it would be the same as 10 states. If you were to break the UK up into 10 states and add them to the US then London would be the richest state, many regions would be wealthier than the majority of the states. If you break it down into these regions http://en.wikipedia.org/wiki/List_of_OECD_regions_by_GDP_(PPP)_per_capita by GDP per capita it shows there would be 7 UK regions in the top 15 states.  edit: The link was messed up because it has brackets in it"}
{"_id": "595787", "title": "", "text": "Its important that you carefully read the agreement, if you accept the job. The options agreement will usually specify the vesting schedule, the strike price, and the number of options you will have.  When you start vesting options, you can choose to buy stock at the strike price. When you do exercise the options, your employer will likely withhold state and federal income tax. The strike price will hopefully be well below the market price.  Unlike stock, when your employment ends, you usually are not able to hold on to your options. There's typically a small window of time in which you can exercise your options. You should read this part of the agreement carefully and plan accordingly."}
{"_id": "595791", "title": "", "text": "\"In the article itself, it's stated:  *\"\"Yale University, where we work, has a de minimis exposure to IEX through an investment by one of the university\u2019s external managers.\"\"*  I mean, that's pretty straightforward to me.  I promise you that Yale is also indirectly invested in every single public exchange out there.\""}
{"_id": "595796", "title": "", "text": "The Brokerage firm will purchase shares for the dividend paid in a omnibus account for the security of the issuer and then they will distribute fractional shares among all their clients that chose Div Reinvest.  They will only have to buy 1 extra share to account for the fractional portion of what they allocate.  The structure of the market does not permit trading of fractional shares. There is generally not any impact to the market place for Div Reinvest with the exception of certain securities that pay large dividends that are not liquid. sometimes this occurs in  preferred securities where a large amount of Div reinvestment could create a large market order that has market impact.  Most brokers place market orders for the opening on the day following the payment of the dividend. When you sell the fractional portion same process as full shares are sold into the market and the fractional if traded between you and the brokers omnibus account.  if it creates a full share for the broker (omnibus has .6 shares and you sell him .5 they would likely flip that out to the street with the full share portion of your order. This would not have impact to outstanding shares and all cost are operational and with the broker handling the Div reinvestment service."}
{"_id": "595811", "title": "", "text": "I feel really uneasy hearing people arguing about how to recalculate an indicator that does not predict anything. yes, the late 2000 financial bubble was a black swan with low probability of ever happening, but lighting can hit the same place twice."}
{"_id": "595822", "title": "", "text": "Payroll taxes are only paid on salary, so you will be paying SS Tax and Medicare only on the $60,000 you pay yourself.  You will still pay income tax on the distribution, of course, but the payroll tax savings seem significant (~$13K according to the calculator below). While tinkering with a new web technology some time ago, I created this JsFiddle application.  I can't swear to its correctness, but I'm pretty sure it's solid (use the UI in the bottom right quadrant of the screen): http://jsfiddle.net/psandler/NKAZd/"}
{"_id": "595837", "title": "", "text": "One of the bigger issues facing the USPS is the fact that a couple of years ago they were forced to prepay on some of the benefits for retirees which is somewhat unprecedented. This kind of requirement, and the fact that the USPS is fighting other technologies to provide the same service. There shouldn't be any worry about privatizing or getting rid of them though since there would be too much blowback from any kind of policy trying to do so."}
{"_id": "595840", "title": "", "text": "A tax is the wrong way to go. HFT does not create liquidity, it only creates arbitrage opportunities and is quite possibly illegal given current laws and regulation.  There needs to be a required minimum order time on market. HFT just naturally goes away if their orders have to hang out for 5 seconds."}
{"_id": "595850", "title": "", "text": "If you had a trading system, and by trading system I mean the criteria setup that you will take a trade on, then once a setup comes up at what price will you open the trade and at what price you will close the trade. As an example, if you want to buy once price breaks through resistance at $10.00 you might place your buy order at $10.05. So once you have a written trading system you could do backtesting on this system to get a percentage of win trades to loosing trades, your average win size to average lose size, then from this you could work out your expectancy for each trade that you follow your trading system on."}
{"_id": "595856", "title": "", "text": "The larger social change of commerce leaving main streets and going online is what's most interesting to me. But if you're more interested in whether certain stores will stay alive, even if that may mean a shrinking physical footprint in exchange for e-commerce, just follow the quarterly earnings instead."}
{"_id": "595866", "title": "", "text": "Planning to buy a Two Wheeler on Loan? HDFC Bank  - Use the Two Wheeler Loan Online Calculator by HDFC Bank to know the exact EMI amount of your Vehicle Loan. Simply enter the required personal, financial and vehicle model details and see the auto-computed EMI amount. Check Now!"}
{"_id": "595871", "title": "", "text": "Idk why the comment before this got -10 and this one got +30 when it's all in the same vein...  Anyway... the truth of the matter is, regardless if Trump is correct or not, finding good solutions isn't about democracy. Democracy is about mitigating the risks of concentrated political power and granting the people a chance to influence the nation.   However... effective problem solving and finding the truth is about placing powerful people in their respective positions while considering their qualified opinions. Not everyone's opinion should matter... believe it or not.... democracy of capital causes misallocation. Democracy of information causes misunderstanding. And why? Because we have unqualified opinions. A doctor has a qualified opinion on health care and in a way so does a patient and perhaps an insurance company. But a plumber who spends little time with his children doesn't belong on the school board, and a teacher doesn't necessarily know anything about the coal industry.  In the end... our country is operated like a giant sub reddit where swarms of people upvote this and that just because they feel like it. We get a lot of important things right... but we get some critical things incredibly wrong... these stack up and produce problems of immense proportions with seemingly no answer... for example health care and the government's recommendation for diet in public schools (as obvious examples with simple solutions that no one likes or agrees with.)  Anyway... the whole nation is sick from head to toe. And the remedy is not democracy. Democracy is an inanimate tool. It is neutral. How we use it is how we benefit from it."}
{"_id": "595875", "title": "", "text": "If it were my money, I wouldn't put it in a 401(k) for this purpose. If you were working at a company that provided 401(k) matching, then it might be worth it to put the money in your employer's 401(k) because the employer chips in based on what you put in. But you're self-employed, so there's no matching unless you match it yourself.  (Correct?) So, given that there's no matching, a 401(k) arrangement would have more restrictions than a non-tax-advantaged account (like a bank account, or a taxable money market account).  This would be taxable in the year you earn the money, but then that's it. If you're expecting to pull out the money pre-retirement, I wouldn't put it in in the first place."}
{"_id": "595894", "title": "", "text": "There are lots of reasons why a crook would want you to do this: counterfeit check scam, laundering money, trying to get your account information, getting you used to doing questionable things and then escalating, seeing whether you're the kind of person to go along with bad ideas, etc.  There are not, however, much in the way of good reasons for it. I gather you can withdraw money from your bank without an ATM fee. This I am assuming from the fact that it is being proposed that you withdraw money from your account, and the fact that this is how pretty much all non-predatory banking works. If this person's bank won't let them withdraw money without a fee, something is seriously wrong, and they should get an account at your bank. Do they get charged for using a live teller as well? If not, how is getting money from you easier than getting it from a teller? How much is the fee? If the fee is $2, and you're making $10/hour, that's 12 minutes of wages. Does it take less than 12 minutes to complete this transaction (including the time this other person is spending)? This cartoon comes to mind: https://xkcd.com/951/"}
{"_id": "595897", "title": "", "text": "Whoops, an obvious one there. So much for audit! We were doing a Basel liquidity report at a bank. One set of numbers in Oracle always balanced with SAP. We were told to use their corrections to apply to the rest. It turns out that they ignored the transactions in Oracle and had loaded the balance sheet data from SAP in Oracle. Of course the data will match!"}
{"_id": "595911", "title": "", "text": "I'm a smoker and I don't see one moral point of view here one way or another, as people often try to paint it.   Would I vote for it? No, I don't want to pay more taxes.   Has the CDC issued reports that every $1 increase in cigarette prices leads to a significant decrease in smoking?  Yep.   Take it how you will. It's up to the people, that's what democracy is about."}
{"_id": "595919", "title": "", "text": "Successful technology contractors* make far more than employees. The contractor market is getting oversaturated because more people want to do it and employers like it less and less. Problem is, the only time big employers are willing to hire contractors are when they're really good, so you really only get well paid contractors who find consistent work, and then a flood of contractors that have to get whatever work they can find."}
{"_id": "595924", "title": "", "text": "Your 1099-B report for ADNT on the fractional shares of cash should answer this question for you.  The one I am looking at shows ADNT .8 shares were sold for $36.16 which would equal a sale price of $45.20 per share, and a cost basis of $37.27 for the .8 shares or $46.59 per share."}
{"_id": "595941", "title": "", "text": "Sure. Depending on how you configure your order, it will either be fulfilled partially or wait until it can be fulfilled. You can set a time limit on your order (usually its either 1 day or 60 days, but may vary between brokerages), and allow or disallow partial fulfilment."}
{"_id": "595949", "title": "", "text": "We don't have to think these things among ourselves. Academic economists have been thinking these things for  for us.   Have you ever wondered why large corporations exist and why not just have markets to direct resources? The Economist has great series called Six big ideas. First in the series is [Coase\u2019s theory of the firm](https://www.economist.com/news/economics-brief/21725542-if-markets-are-so-good-directing-resources-why-do-companies-exist-first-our) It explains the basic outline of  the  theory of the firm."}
{"_id": "595971", "title": "", "text": "\"And he pays taxes which contribute to that, in an absolute dollar amount he probably pays more than most reddiors do combined and since his income is from a company and not capital gains his tax rate is definitely above 30% thus providing for the next generation.   He's not suggesting that he shouldn't pay any taxes at all, just not INCREASED taxes or liabilities. Those roads, schools, police were all funded just fine before this debate started--- not to mention these are all local taxes and the increased liabilities we are talking about are federally mandated, not locally.   We have a spending problem not a revenue problem, and the solution begins with gutting military spending and it ends with a very serious discussion and long term look at social security and medicare. It's only when the government wants military AND those other services that private individuals and industries are squeezed with additional overhead cost liabilities.   Thing is this guy has done what he has done for 40+ years and has seen 5-10 presidential administrations and the message and policy goals change everytime. His resistance is related to additional burdens put on him and his company. It is then his responsibilty to decide whether that extra weight is worth it... plain and simple... just as you would do... just as any company would and does do.   This particular event has been sensationalized by his own and observer's emotions, but I don't think he's in the wrong here. Most of the people criticizing him will never come anywhere close to contributing in tax revenue the amount that he does, not to mention jobs.   We need more passionate people sparking debate, but unfortunately so many people, on reddit especially feel the economy, government and business has not served them well, but the government is the only one offering them the \"\"promise\"\" of a tiny bit better. Private industry cannot yield confidence or national attention the way the government can, but the government is notoriously inefficent at distibuting and administrating programs. But the net result is people will vote for a populist agenda such as letting young people stay on their parent's health insurance, while living at home, when what they really want is a $75,000 - 100,000/year job and the freedom that brings to go after your ambitions.\""}
{"_id": "595981", "title": "", "text": "Two different takes on an answer; the net-loss concept you mentioned and a core-business concept. If a store is actually a net-loss, and anybody is willing to buy it, it may well make sense to sell it.  Depending on your capital value invested, and how much it would take you to make it profitable, it may be a sound business decision to sell the asset.  The buyer of the asset is of course expecting for some reason to make it not a net loss for them (perhaps they have other stores in the vicinity and can then share staff or stock somehow). The core-business is a fuzzier concept.  Investors seem to go in cycles, like can like well-diversified companies that are resilient to a market downturn in one sector, but then they also like so-called pure-play companies, where you are clear on what you are owning.  To try an example (which is likely not the case here), lets say that Sunoco in 5% of its stores had migrated away from a gas-station model to a one-stop-gas-and-repairs model. Therefore they had to have service bays, parts, and trained staff at those locations.  These things are expensive, and could be seen as not their area of expertise (selling gas). So as an investor, if I want to own gas stations, I don't want to own a full service garage, so perhaps I invest in somebody else. Once they sell off their non-core assets, they free up capital to do what they know best. It is at least one possible explanation."}
{"_id": "596001", "title": "", "text": "So you think there is a business that can take $X and in two weeks turn it into $10X plus their profit.  That means that in two weeks you can turn $1,000 into $10,000. So every two weeks you add a zero, in six weeks you add 3 zeros. In 12 weeks total your $1,000 is now $1,000,000,000; and in a few weeks after that you are richer than Bill Gates. All Guaranteed! Run away."}
{"_id": "596002", "title": "", "text": "This isn't an article discussing the business aspects of bitcoin.  It's a comment on the price movement of bitcoin.  Do we regularly comment about the gyrations of commodities and currencies on this thread?  I tend to find talk of those things on subs like /r/finance and /r/investing."}
{"_id": "596023", "title": "", "text": "Here's a sneak peek of /r/vandwellers using the [top posts](https://np.reddit.com/r/vandwellers/top/?sort=top&amp;t=year) of the year!  \\#1: [Can we please pay homage to the man that made van dwelling cool?](http://imgur.com/xVcC3LT) | [118 comments](https://np.reddit.com/r/vandwellers/comments/5t7gy9/can_we_please_pay_homage_to_the_man_that_made_van/)   \\#2: [Painted a friend's van with a mountain scene before a big road trip. Figured this belonged here.](https://i.redd.it/dw4xwnyn0o0z.jpg) | [98 comments](https://np.reddit.com/r/vandwellers/comments/6e8ggl/painted_a_friends_van_with_a_mountain_scene/)   \\#3: [My school bus conversion is almost complete! (Album coming soon)](http://i.imgur.com/7XIHZD5.jpg) | [174 comments](https://np.reddit.com/r/vandwellers/comments/6m7pl3/my_school_bus_conversion_is_almost_complete_album/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"_id": "596043", "title": "", "text": "I wasn't thinking about flipping, just knowing when to call it quits before you get yourself in too deep. Where I live, 4/5 new businesses fail in their first year. It's important to know the risks and to know how to land on your feet if and when it happens.  I've seen a lot of people lose their homes, their retirement funds, their everything...worse than that, I've seen people lose friends they've had since forever because of bad investment promises and so on.   I just think it's a good idea to have a strategy in case things go sour. It's a lifeboat thing. You don't have it because you want to abandon ship whenever you please. You have it because, even if you're about to lose the ship, you want those on-board to get out with minimal loses."}
{"_id": "596046", "title": "", "text": "Remember this company is making a profit by collecting your personal data and you're not making a dime from this deal.  &gt;I don't get what the big fear of being marketed to is.   The fear isn't being marketed to, it's the loss of privacy that most people are concerned about."}
{"_id": "596070", "title": "", "text": "&gt;I mean, obviously rental companies need a better reservation system that doesn't allow reserving an automobile in an area if there aren't enough automobiles to fill the demand.  This is the problem. I travel a lot and car rental companies almost always over promise and under deliver."}
{"_id": "596071", "title": "", "text": "All of the most successful people I know work more than they need to, and either their employers reward them properly, or their businesses flourish. I'm pursuing my finance degree, and I expect 70-80+ hour weeks, because it's more or less required to move up in a company.   I'll save my 9-5 days for after I have kids."}
{"_id": "596081", "title": "", "text": "\"I found a good article on cnnmoney.com that touches on this titled \"\"5 Ways to Destroy your Credit\"\".  One of these \"\"ways\"\", it says, is closing your credit cards.  The article cited one expert who says,  Since part of your score is based on the length of time certain lines of credit have been open, closing out that 10-year old credit card could take a bite out of your credit score... It's negative because it's taking away a reference to a positive credit history.\""}
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{"_id": "596092", "title": "", "text": "Their entire C-suite has either left or been fired. The legal status of their autonomous driving program remains in doubt, and in the meantime they had to fire the director of that program. And their unit economics while paying humans still remain largely negative, so they remain dependent on continued investor funding (although the size of their current cash balances does help with runway).   I really don't think the situation is working too well..."}
{"_id": "596106", "title": "", "text": "A number of places.  First, fast and cheap, you can probably get this from EODData.com, as part of a historical index price download -- they have good customer service in my experience and will likely confirm it for you before you buy.  Any number of other providers can get it for you too.  Likely Capital IQ, Bloomberg, and other professional solutions. I checked a number of free sites, and Market Watch was the only that had a longer history than a few months."}
{"_id": "596111", "title": "", "text": "\"If I were you, I would rent.  Wait to buy a home.  Here is why: When you say that renting is equal in cost to a 30-year mortgage, you are failing to consider several aspects.  See this recent answer for a list of things that need to be considered when comparing buying and renting. You have no down payment.  Between the two of you, you have $14,000, but this money is needed for both your emergency fund and your fianc\u00e9e's schooling. In your words: \"\"we can\u2019t reeaallllly afford a home.\"\"  A home is a big financial commitment.  If you buy a home before you are financially ready, it will be continuous trouble.   If you need a cosigner, you aren't ready to buy a home.  I would absolutely advise whoever you are thinking about cosigning for you not to do so.  It puts them legally on the hook for a house that you can't yet afford. You aren't married yet.  You should never buy something as big as a home with someone you aren't married to; there are just too many things that can go wrong.  (See comments for more explanation.)  Wait until you are married before you buy. Your income is low right now.  And that is okay for now; you've been able to avoid the credit card debt that so many people fall into. However, you do have student loans to pay, and taking on a huge new debt right now would be potentially disastrous for you.  Your family income will eventually increase when your fianc\u00e9e gets her degree and gets a job, and at that time, you will be in a much better situation to consider buying a house. You need to move \"\"ASAP.\"\" Buying a house when you are in a hurry is a generally a bad idea. When you look for a home, you need to take some time looking so you aren't rushed into a bad deal that you will regret. Even if you decide you want to buy, you should first find a place to rent; then you can take your time finding the right house.  To answer your question about escrow: When you own a house, two of the required expenses that you will have besides the mortgage payment are property taxes and homeowner's insurance.  These are large payments that are only due once a year.  The bank holding the mortgage wants to make sure that they get paid.  So to help you budget for these expenses and to ensure that these expenses are paid, the bank will add these to your monthly mortgage payment, and set them aside in a savings account (called an escrow account).  Then when these bills come due once a year, they are paid for out of the escrow account.\""}
{"_id": "596167", "title": "", "text": "According to *you* we find it. What if, like me, you don't believe it exists? Do you recognize and respect the right of others to have a difference of opinions, and your inability to force them to act how you choose?   If you agreed with me, *boom*. You just shot centralization in the head, because centralization depends on disrespecting a difference of opinion and forcing others to act how you choose."}
{"_id": "596196", "title": "", "text": "Solar water heaters are definitely questionable in the Northeast -- the season when you most need them is also the season when they are least effective. Solar electric isn't a huge moneymaker, but with rebates on installation and carbon-reduction credits (SRECs) -- and a group purchase discount if you can get one, either at a town level or through organizations like One Block Off The Grid -- it can definitely turn a profit. Early estimate was that my setup would pay its initial costs back in 4 years, and the panels are generally considered to be good for a decade before the cells have degraded enough that the panels should be replaced. I haven't had a negative electric bill yet, but I've gotten close, and my setup is a relatively small one (eight panels facing SSE on a 45-degree roof). Admittedly I've also been working to reduce electricity use; I don't think I have an incandescent bulb left in the house."}
{"_id": "596203", "title": "", "text": "The value at expiration does not depend on the price path for a plain vanilla European or American option. At expiration, the value would simply be: max[K - S_T, 0], where: K is the strike price, and S_T is the underlying price at expiration."}
{"_id": "596208", "title": "", "text": "This guy is doing you a *huge* favor by taking his time out to talk to you. These people are under enormous time constraints and you need to act accordingly. Don't babble on about what you're doing as an intern; the company could have hundreds of interns doing this exact same thing, and it's probably boring as hell.   Focus on asking high level questions about his career, his lessons learned, and his vision for the company. This man is going to be a treasure trove of advice and knowledge. Don't waste it talking about the LBO model you cranked out last week."}
{"_id": "596211", "title": "", "text": "Maybe he doesn't want to give up work? I know he had some pretty big medical expenses with a heart attack this past year but that wouldn't set him back that much. I know some of his assets aren't liquid at the moment.    To be honest, I don't know."}
{"_id": "596272", "title": "", "text": "These are your options: Unfortunately this will not be a quick process. You should note that until a potential lender goes through a detailed review of your finances you have only been pre-qualified. This is not as good as pre-approved. With pre-qualified they are basing the determination on what you told them, not what you can prove.  Because you are aware of your short period of continuous employment you are best to be completely honest with a potential lender. That way you don't run into problems 30 days down the road when they realize the issue. The home seller will not be happy; and there was time and money wasted on down payments, credit checks, home inspections, and appraisals.  In the US in most markets while there is a significant risk that a particular house will not be available in 5 months, there is a very slight risk that a neighborhood will not be available in 5 months."}
{"_id": "596284", "title": "", "text": "Question 1: Who do I report such fraud to? Walmart, or their card processor. They may be in their right to require the original purchaser to do the report. Generally, credit card and debit card fraud must be reported to the bank within 60 days of the statement for them to take responsibility. I don't see why gift cards would be different. You can also report it to the police, but I believe you'll be asked to file a report in the jurisdiction where the card was used. Again - time is of the essence, and there's nothing much they could do with your report now. Question 2: How can I recover the $100 value of my Walmart gift card? At this point, 2.5 years later when the card was used to buy prepaid cards, there's no way to catch the thief and recover the funds. Had you reported it promptly, Wlamart could have block the prepaid cards sold or track their usage, but now is too late. Question 3: Is Citibank in any way liable? (The gift card was   fraudulently used shortly after---within the same month---I received   it from Citibank.) I doubt it unless you can show a pattern. It could be someone working for the Citibank, someone working for the USPS, or someone just stole a bunch of numbers and waited until they became activated."}
{"_id": "596289", "title": "", "text": "\"Your income and expenses for the business should be independent of HST. That is, if you charged somebody 100 + 13 HST, you have revenue of 100. You're going to send the 13 to the government later, it's not part of your revenue. If you go out and buy something for 10 + 1.30 HST, you record 10 as an expense. You're going to take the 1.3 off the 13 you would have sent the government, it's not part of your expenses. And so on.  I am not sure what you mean by \"\"HST compensation\"\" but if it came from the government, and it needs to be declared as income, there will be information to that end in the letter that comes with the cheque. (For example, if they pay you interest on your refund, the letter reminds you to include that money in next year's income.)\""}
{"_id": "596303", "title": "", "text": "I think that long term, bitcoin is a great investment. In fact I predict a big spike in price right around the new year when the block reward halves. I also predict that inflation will hit all fiat currencies much harder than their respective governments will ever admit."}
{"_id": "596337", "title": "", "text": "I think this is going to be a Rorschach test on what people think happened during the crisis. If you believe that the crisis was caused in large part by government seeking to put more people in housing and stop what was viewed as discriminatory practices in lending, you are most likely to be against this. If you think the housing crisis was caused in large part by systemic fraud, you are more likely to be for this."}
{"_id": "596341", "title": "", "text": "I've spent a lot of time augmenting overgrown excel models with R. Basically any process you pull from excel into sql / r / python will run faster, sometimes much faster, so the more calculations you can push into R code, the better. Vlookup especially is very poorly optimized in excel and I've seen the equivalent in R run literally 100x faster over the same data. Additionally you can 'chunk' through data (or load -&gt; process -&gt; save as CSV) in R to minimize the memory load on your machine vs keeping a giant excel model open all day.  A key insight is that the model does not need to be pulled wholesale from excel to R. You can in fact take specific tables or target specific computationally intense portions of the model to be pulled into R and processed before returning them to a CSV to be picked up by your core excel model (often you'll run this process once per day, in the morning). In this case, you effectively create a 'two step' model, where you use R to 'refresh' the model to reflect new data, and still maintain the excel as the core working GUI for when you have dashboarding / scenario analysis type tasks that need to be maintained."}
{"_id": "596355", "title": "", "text": "My guess is that both the blue and pinkish lines are hand drawn by someone. The blue line indicates 'higher lows' while the pinkish line represents 'higher highs'. Together they form a trading channel in which you can expect future prices to be (unless there is some unanticipated event that occurs).  Edit: since the price broke out above the trading channel at the start of the year (and is verified by the increase in volume at that time) something must have occurred to increase the value of the stock.  Edit2: this news likely explains the breakout in price. Edit3: this chart shows that the stock price is now 'seeking equilibrium'. The price will, likely, be volatile over the next few days or weeks."}
{"_id": "596365", "title": "", "text": "\"Fulltext: https://pdf.yt/d/oUgs1U5suhiilEPi / https://dl.dropboxusercontent.com/u/182368464/2014-sariaslan.pdf  See also:  - 6: Sariaslan A, Langstrom N, D\u2019Onofrio B, Hallqvist J, Franck J, Lichtenstein. \"\"The impact of neighbourhood deprivation on adolescent violent criminality and substance misuse: a longitudinal, quasi-experimental study of the total Swedish population\"\" http://www.researchgate.net/publication/256985352_The_impact_of_neighbourhood_deprivation_on_adolescent_violent_criminality_and_substance_misuse_A_longitudinal_quasi-experimental_study_of_the_total_Swedish_population/file/72e7e51f69f99ad646.pdf . _Int J Epidemiol_ 2013; 42: 1057\u201366. - 7: Frisell T, Lichtenstein P, Langstrom N. \"\"Violent crime runs in families: a total population study of 12.5 million individuals\"\" http://www.sakkyndig.com/psykologi/artvit/frisell2010.pdf . _Psychol Med_ 2011; 41: 97\u2013105. - 8: Kendler KS, Sundquist K, Ohlsson H, Palme\u0301r K, Maes H, Winkleby MA, et al. \"\"Genetic and familial environmental influences on the risk for drug abuse: a national Swedish adoption study\"\" http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3556483/ . _Arch Gen Psychiatry_ 2012; 69: 690\u20137. - 9: D\u2019Onofrio BM, Lahey BB, Turkheimer E, Lichtenstein P. \"\"Critical need for family-based, quasi-experimental designs in integrating genetic and social science research\"\" http://people.virginia.edu/~ent3c/papers2/d%27onofrioAJPH.pdf . _Am J Public Health_ 2013; 103: S46\u201355.\""}
{"_id": "596406", "title": "", "text": "It only changes things if Amazon throttles their speed or charges them a different rate to access AWS in a effort to stifle their competitive chances, which to my knowledge, Amazon doesn't do.   But you know who does behave like that?  The telecom companies that block municipal broadband companies from forming, or startup companies from accessing the fiber networks that they were subsidized with taxpayer money to build.  Oh and they also have documented proof of throttling speeds to streaming services that compete with their broadcasting partners.  THAT is monopolistic behavior and the kind of shit we need to be rallying against and calling for anti trust rulings.  Not Amazon."}
{"_id": "596427", "title": "", "text": "I'll assume you are asking about a check for some kind of work or service that you provided them, that they hired your company to do. No large business will do that. In their records they have a contract with your company to provide services. If they write you a personal check it won't match with the contract, and when the auditors see that they will scream blue murder. Whoever wrote the check will have to prove that you are legitimately the same thing as the company (that doesn't mean taking your word for it). They may also have to show they weren't conspiring with you to commit tax fraud ( that wasn't your intention of course, was it?) ."}
{"_id": "596429", "title": "", "text": "I agree that to take the money from the defined benefit plan you are saying that you can get a better return than the plan. You are taking all the risk if you take the lump sum. But there are two more risks that you are taking by keeping the money in the plan even though you are decades from retirement. Funding risk: companies and state/city/county governments have underfunded their pension programs due to budget pressure. In some cases they have skipped payments when the market was good, because they felt they were ahead of their obligations. They also delayed or skipped contributions when they had a budget shortfall, and wanted to not end the government/company fiscal year in the red. The risk is that they can get so far behind that they change their promises to current and former employees. This was one of the issues with the city of Detroit this year. Bankruptcy: even though their are guarantees regarding pension benefits, the Pension Benefit Guaranty Corporation does set a maximum benefit. If the company goes bankrupt or the plan is terminated  you might not get all the money you were expecting. While the chances of taking a haircut generally impacts people who have a long career, because they are entitled to a large benefit, it can impact people who don't expect it."}
{"_id": "596431", "title": "", "text": "paypal says it works with CBE but can't seem to link my account with them, but skrill works perfectly just go to www.skrill.com sign up and you can link your bank account with your skrill account, i've had a few transactions so it should work for you too."}
{"_id": "596436", "title": "", "text": "I was wondering if someone could recommend a textbook  I'm taking a course right now in foundations of finance and we're dealing with subjects such as utility functions, risk aversion, prudence, temperance, Arrow-Debreau securities, portfolio theory, and more  I'm finding the textbook we're using (Intermediate Finance, Danthine &amp; Donaldson) a bit hard to understand"}
{"_id": "596473", "title": "", "text": "it is possible that if you do not accept the offer, they will try offering you an even lower rate.  if they offered you close to 0%, you could start carrying a balance and find a better use for the cash you would have spent paying it off. there are plenty of investments with a guaranteed return of over 0%. personally, i am using a 0% offer from one of my cards to invest in the stock market.  i might lose that bet, but on average over the last 10 years, i have not. a pretty safe bet would be paying down your mortgage, or buying a cd that matures when the offer ends. that said, even a 10k$ balance might only pay you around 300$. is that worth the hassle to you?"}
{"_id": "596511", "title": "", "text": "How is that the federal reserve's fault?  federal reserve's only tools are interest rates, loans, and buying/selling of bonds.  To blame fed reserve for jobs is like blaming a car for not being able to fly.  That's the job of an airplane.   Meaning, jobs are a problem of the federal government fiscal policies, and NOT monetary policies."}
{"_id": "596518", "title": "", "text": "I was not able to find any authority for the opinion you suggest. Wash sale rules should, IMHO, apply. According to the regulations, you attribute the newly purchased shares to the oldest sold shares for the purposes of the calculation of the disallowed loss and cost basis. (c) Where the amount of stock or securities acquired within the 61-day period is less than the amount of stock or securities sold or   otherwise disposed of, then the particular shares of stock or   securities the loss from the sale or other disposition of which is not   deductible shall be those with which the stock or securities acquired   are matched in accordance with the following rule: The stock or   securities acquired will be matched in accordance with the order of   their acquisition (beginning with the earliest acquisition) with an   equal number of the shares of stock or securities sold or otherwise   disposed of. You can resort to the claim that you have not, in fact, entered into the contract within 30 days, but when you gave the instructions to reinvest dividends. I don't know if such a claim will hold, but to me it sounds reasonable. This is similar to the rules re short sales (in (g) there). In this case, wash sale rules will not apply (unless you instructed to reinvest dividends within the 30 days prior to the sale). But I'd ask a tax professional if such a claim would hold, talk to a EA/CPA licensed in your state."}
{"_id": "596528", "title": "", "text": "Those nerds aren't in charge of industry though.  As I said, different focus.  And your statements about the best talent coming out of the PRC doesn't hold with anyone who's working in industry.  I'm an engineer working in a high tech industry.  China partners with companies to acquire technology still.  They don't develop it."}
{"_id": "596537", "title": "", "text": "I think small sums invested regularly over long-term can do good for you, things to consider:  I would go with an index fund and contribute there there regularly."}
{"_id": "596540", "title": "", "text": "Everything is down, when measured in the US Dollar because there was a flight to Dollars recently when everyone got the crap scared out of them with the Euro drama...  Remember, the thing you're measuring against is highly volatile at the moment - to get a better idea measure Amazon against something like a basket of commodities, or metals, or oil, or a currency basket (or better yet, all of these)."}
{"_id": "596549", "title": "", "text": "You actually don't have to open a business account with your bank, you can have a personal account with the bank and have your business funds go into it, whether it be from cheques or from Eftpos\\Credit Card Facilities. You just have to get your customers to make the cheque out under your name (the same name used for your bank account). If you are trading as a sole trader and you trade under a name other than your own name, then officially you are supposed to register that name with Fair Trading in your state. However, if you are trading using another name and it is not registered, Fair Trading will only become aware of it if someone (usually one of your customers) makes a compliant about you, and they will then ask you to either stop using that name as your trading name or have it registered (if not already registered by someone else)."}
{"_id": "596553", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://americanaffairsjournal.org/2017/05/new-class-war/) reduced by 99%. (I'm a bot) ***** &gt; In the United States the majority of American college students come from the minority of families in which one or both parents have college degrees.  &gt; The incompatibility of the welfare state and mass immigration was noted by the libertarian economist Milton Friedman: &amp;quot;If you have a welfare state, if you have a state in which every resident is promised a certain minimum level of income, or a minimum level of subsistence, regardless of whether he works or not, produces it or not. Then really is an impossible thing.&amp;quot; His ideological opposite, Paul Krugman, agrees.  &gt; It will make no sense for the United States to tolerate similar mercantilist trade policies at the expense of American industries, particularly those relevant to defense, carried out by China-the only &amp;quot;Peer competitor&amp;quot; the United States will face in the foreseeable future in the military realm.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejbil/the_new_class_war/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133514 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **State**^#1 **market**^#2 **work**^#3 **managerial**^#4 **new**^#5\""}
{"_id": "596559", "title": "", "text": "\"Hmm, that's quite a claim, that these people are so well-informed.  In my experience most people who say \"\"The United States is the best country in the world\"\" are just advertising their parochialism.  People who are genuinely aware of all the issues you raise are less likely to make such a dogmatic claim.\""}
{"_id": "596560", "title": "", "text": "&gt;The two patents allow smartphones to display and transmit basic data, such as phone numbers, contact information and applications. As such, a ruling against HTC could outright ban sales  Our patent system is so fucked right now. I should go and patent the ability to hold a device with one or two hands and another patent allowing the user to remove or insert a phone into a pocket or purse."}
{"_id": "596561", "title": "", "text": "\"The title obviously implies it's an opinion piece. I don't how this escapes you. Unbiased articles are rare and emotional digs/crying about leadership happen to be majority of \"\"news\"\" these days anyways - including the NYT. Is an obvious opinion piece wrong? No. You missed the entire point of the article starting at the title.\""}
{"_id": "596563", "title": "", "text": "Middle class for me is anyone who earns at a level where they can save money but depends on a salary for a living which is a very wide range. You are at the rich class if you can comfortably live on your earnings from assets and have large savings so emergencies have little impact.  The whole healthcare was a big help to middle class since they didnt have to worry about existing conditions etc and preventive care was always covered. Also democrats are the ones that want to extend deductions like mortagage interest, property tax that help middle class most."}
{"_id": "596567", "title": "", "text": "Your wife could open a non-registered margin trading account with a Canadian full-service or discount broker. An account at one of the top Canadian brokers should provide access to trade U.S.-listed options. I've traded both Canadian and U.S.-listed options with my own broker. On the application, you'd need to indicate an interest in trading options, and more specifically, what kind of option trades; e.g. long puts and calls only, covered writing, combination trades, etc. And yes, part of the application approval process (at least when I went through it) is to answer a few questions to prove that the applicant is aware of the types of risks with trading options. Be sure to do some research on the fees and currency/fx aspects before you choose a broker.  If you plan to exercise any options purchased or expect to be assigned for any you write, be aware that those fees are often different from the headline cost-per-trade advertised by brokers. For instance, I pay in excess of $40 when a call option I write gets assigned, vs. ~$10 that I'd pay if I just plain sold the stock. One other thing to investigate is what kind of online option trading research and order entry tools are available; not every broker has the same set of features with respect to options \u2014 especially if it isn't a big part of their business."}
{"_id": "596580", "title": "", "text": "If you can't run a business and compensate your workers substantially better than the Chinese, your business should be closed and liquidated.  Want a low-tax paradise with few regulations? Go to Mississippi. Want a state with no teachers' unions? Welcome to Alabama, home of the worst schools in the nation.  Want to live in a high-tax hell with coddled workers? Go to Germany, which has enjoyed some of the greatest prosperity for well over a century, in spite of having a social welfare system in place since Bismarck.  I'm sympathetic to the argument that taxes and benefits will hurt the business owners, but only at much higher levels than we see today. Those who can't cut it under even the modest constraints of the minimum wage and Obamacare should not be in business anyway, because they suck. (And I'm leaving out that Obamacare will save most small-to-medium business money.)  If we must cut workers' pay and benefits to the levels of the Chinese worker, then we suck as a society and deserve a housecleaning of the dead weight in our ownership class."}
{"_id": "596590", "title": "", "text": "The Worldrecoverycenters is the best drug addiction treatment centers in the world. This center is run by Dr.Alan Meyer. He has been assisting those with substance and alcohol addictions for over 30 years. He operates substance abuse and addiction recovery treatment programs in the United States and other countries in the world such as California, New York, New Jersey, Washington State, Arizona, Oregon, Pennsylvania and more countries. Without addition programs, many people would have a much less chance for recovery and most likely continue with their addiction."}
{"_id": "596598", "title": "", "text": "There are lots of different ways to generate passive income.  What is Passive Income? Basically it is income you receive without having to consistently work for it i.e. paid to do your day job or get paid by the hour; instead you do the work once and then receive ongoing payments like a recording artist getting paid royalties or a book author etc...  Online Passive income Also some online business models can be great ways to generate passive income, you set up an automated system online to drive traffic and sell products either as the merchant or an affiliate and get paid regularly without having to do any more work...  You just need to use SEO or PPC or media buys or online advertising to generate the automated traffic to your website which will have special landing pages and sales funnels that do the conversion and selling for you. If you are an affiliate you don't even have to handle any products, packaging, delivering etc...  And if it\u2019s a digital product like software or information products they can be sent straight to the customers automatically online then you can set up a system that can generate true passive income. Time consuming or expensive! However the above mentioned methods of generating passive income tend to require a lot of work or special skills, talent or knowledge and can be expensive or time consuming to set up. Preferred Method Therefore for many people the preferred passive income method is fully-managed hands free property investing or other types of investing for that matter.  But for people who want full ownership of the income generating asset then property investing is the best as they can sell and have control over the capital invested, whereas investing in a business for example will have a lot of other variables to consider, like the business sector, the market factors, the management team and even down to individual employee performance. So in my opinion, if you have the money to invest then fully-managed hands free buy-to-let property investing is one of the best types of passive income available to us today.  Some of the most popular income generating property assets today in the UK include \u2022   Student property \u2022   Care Homes \u2022   Residential buy-to-let"}
{"_id": "596600", "title": "", "text": "\"&gt; In 2009, under Obama, the US had a deficit of 1.4 trillion dollar.  Actually, that's Bush's last deficit.  That was the 2008 budget and appropriations from the Bush administration's last year, and it's also the result of the financial crisis, which happened during Bush's time.  It's also TARP (which was passed under Bush with Bush's support) and, to a lesser extent, the stimulus (which was a direct and necessary reaction to the financial crisis).  That 1.4 trillion deficit is Bush.  It's what Obama *started* with, and worked from, not what he caused.  Consider it the handoff deficit from Bush to Obama.  &gt; In 2014, the deficit is now 744 billion dollar.  You're commenting on an article that says the current deficit will be $506 billion, so why are you saying it's \"\"now\"\" $744 billion without explaining the contradiction?\""}
{"_id": "596623", "title": "", "text": "\"A multiplex is a concession stand which happens to show movies in order to lure you into range of the smell of their popcorn. It has nothing to do with movie theater monopolies.  As it was explained to me by my manager, back when I worked in a movie theater in a small Midwestern chain, for every movie, the studios take some percentage cut of gross ticket sales, varying from movie to movie.  Star Wars: The Phantom Menace in 1999 was the first film for which the studio demanded 90% of gross ticket price \u2014 continuing a long-standing trend of raising the take which possibly began with the original first Star Wars movie.  The other studios quickly followed suit and raised their take to 90%, especially for the big blockbusters \u2014 the textbook term is \"\"oligopoly pricing\"\" \u2014 and since then the percentage has inched ever closer to 100%.  I forget exactly what it was on the second Matrix movie or Lord of the Rings: Return of the King, both of which premiered while I was at the theater, but the number that sticks in my head is 94%.  Obviously the studios can't directly capture any revenue from the sale of popcorn \u2014 unlike the movie, it's not their product \u2014 so every time they raise their take, the theater compensates for lost revenue by raising the price of popcorn. This trend hasn't reversed with 3D and IMAX and all the new technologies coming down the pike.  The only reason they're attractive to the theaters is that the theater can charge $15 a ticket rather than $10.  Even on a small percentage share, that's a 50% jump in revenue, and covers the not insignificant cost of the projection equipment.  3D is also currently getting more butts in seats than 2D was, leading to somewhat more concessions sales \u2014 going to the movies is an outing and an event again \u2014 though that's tapering off as it becomes less and less of a novelty.  The ticket prices aren't coming down, though. Moral of the story: like razors or printers, theaters lose a ton of money to show you movies due to studio oligopoly pricing, and make it up on popcorn.\""}
{"_id": "596634", "title": "", "text": "The money quote: &gt; When floodwaters cover our homes, we expect that FEMA workers with emergency checks and blankets will find us. There is no moral or substantive difference between a hundred-year flood and the near-destruction of the global financial system by speculators immune from consequence. But if you and your spouse both lose your jobs and assets because of an unprecedented economic cataclysm having nothing to do with you, you quickly discover that your society expects you and your children to live malnourished on the streets indefinitely."}
{"_id": "596645", "title": "", "text": "\"Frequency of paychecks is up to the company. Many pay monthly. Some pay twice a month, or every other week. I haven't heard of any paying more frequently unless they were tiny \"\"mom and pop\"\" businesses or grunt-labor/fast-food minimum-wage jobs. Cutting the checks more often is more expensive for the company. And frequency of pay is  one of the things you agreed to in the paperwork you signed when you were hired.\""}
{"_id": "596657", "title": "", "text": "\"**Alt-right**  The alt-right, or alternative right, is a loosely defined group of people with far-right ideologies who reject mainstream conservatism in favor of white nationalism, principally in the United States, but also to a lesser degree in Canada and Europe. Paul Gottfried was the first person to use the term \"\"alternative right\"\", when referring specifically to developments within American right-wing politics, in 2008. The term has since gained wide currency with the rise of the so-called \"\"alt-right\"\". White supremacist Richard Spencer coined the term in 2010 in reference to a movement centered on white nationalism, and did so according to the Associated Press to disguise overt racism, white supremacism, and neo-Nazism.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.26\""}
{"_id": "596661", "title": "", "text": "That'd be cool in conjunction with a coffee shop.  Order a book, go get coffee, and browse a bit before you're told that the book you ordered has been assembled for you.  As someone who prefers a physical copy of a book over a Kindle, I would love this option."}
{"_id": "596664", "title": "", "text": "\"If you have someplace to put the money which you think will yield significantly better returns, by all means sell and buy that. On the other hand, if you think this stock is likely to recover its value, you might want to hold it, or even buy more as a \"\"contrarian\"\" investment. Buy low, sell high, as much as possible. And diversify. You need to make a judgement call about the odds. We can point out the implications, but in the end whether to sell, buy, hold or hedge is your decision. (This also suggests you need to sit down and draw up a strategy. Agonizing over every decision is not productive. If you have a plan, you make this sort of decision before you ever put money into the stock in the first place.)\""}
{"_id": "596665", "title": "", "text": "LIBOR rate swaps are common most among an international bank and a with a branch in another country, so say Company A is located in Kenya and Company B is in the US, A can borrow $100M from the US and B the same from Kenya and agree to swap assuming that A borrowed at a fixed rate of say 5% and B borrowed for say a 6 month LIBOR rate of maybe 4.2% which increases at a rate of say 0.5% above the prior 6 moth libor rate for time t being 5 years.A is the fixed rate payer and B is the floating  rate payer."}
{"_id": "596680", "title": "", "text": "I should have been clearer but my point was that the NYSE seems to be blaming third party vendors for reporting invalid test data but their own website reported the same data so it seems like there might be another issue.   Edit: Found the full comment. It seems that NASDAQ distributed the test data and other parties including the NYSE incorrectly displayed it. I can (barely) understand some third parties incorrectly reporting this data but it seems really bizarre that NYSE wouldn't know how to handle this."}
{"_id": "596692", "title": "", "text": "Your best option is just to pick a card that gives you the best (highest) rewards without charging you an annual or other fees (or the lowest annual or other fees). As you are looking to pay off the full balance by the due date you won't have to worry about the interest rate but just make sure you get an interest free period."}
{"_id": "596702", "title": "", "text": "Absolutely never.Even in a hot market, it's like picking up dimes in front of a bulldozer.  It's just plain stupid. If you can't afford a 20% down payment and a 15 year mortgage, just rent."}
{"_id": "596714", "title": "", "text": "Many reasons mentioned already. The reason why I have multiple is missing: I have a personal card for my private use and a company card for company use."}
{"_id": "596736", "title": "", "text": "The folks who hold stock are the legal owners of the company. If a majority of stock holders become unhappy with the management of a company they can fire the executives and put in new management, or they can direct the company to close its doors and sell off its assets. As a crude approximation, the stock holders are happier when the stock price goes up and unhappier when it goes down. Therefore, executives are highly motivated to drive the stock price up.  A frequent criticism of corporate governence is that management can be so motivated to drive the stock price up, that they will take actions that drive the stock price up in the current year, even if undercuts the company in the long term."}
{"_id": "596753", "title": "", "text": "money can make people do some odd things, it makes otherwise nice people stab other nice friendly people in the back for a decent paycheck. now i'm fresh out of school with the intent of finding a job that is going to make me want to get up in the morning with a smile across my face, it could be minimum wage and it would not bother me in the slightest as much as the media and the government would like you to think, it really does not cost that much to live a simple life and be happy about it, consumerism has really fucked people up and it is a shame, i'm in it for the memories and fun times not spending countless hours breaking my back for a company that would fuck me over in an instant."}
{"_id": "596791", "title": "", "text": "Not a direct answer, but... a friend pointed out to me that z proper luxury limo, if loaded with four sales reps going to the same meeting, is cheaper than airfares would be and lets them hold a planning meeting en route. Yeah, most of it is conspicuous consumption.  But some of the road yachts have legitimate uses."}
{"_id": "596792", "title": "", "text": "And a blessing to the families. They know that there loved one is being given pain medication and a certain amount of dignity as they die. Are the Health Care people making money? Yes but so does my car mechanic when I ask him to fix my car."}
{"_id": "596798", "title": "", "text": "Does your family go to church?  I know reddit hates religion but churches have been a great source of support for small shops just starting off.  They are a great opportunity to network in your community.  If not, look for other things, toast masters, chamber of commerce.   Get something big on the truck, park it in a well lit-high traffic spot (empty).  I have heard SOME decent things about location based google  adwords.  You may want to check out advertising. Also, make sure he comes up in the google results when people look for plumbers.   Google is the not-so-new yellow pages and a lot of people just start at the top of the list and work their way down when they need someone in an emergency.    Get him to network with General Contractors and maybe the HBA in your area."}
{"_id": "596821", "title": "", "text": "looking over some historical data I cannot really a find a case where a stock went from $0.0005 to $1 it almost seem that once a stock crosses a minimum threshold the stock never goes back up. Is there any truth to that? That would be a 2000X (200,000%) increase in the per-share value which would be extraordinary.  When looking at stock returns you have to look at percentage returns, not dollar returns.  A gain of $1 would be minuscule for Berkshire-Hathaway stock but would be astronomical for this stock,. If the company is making money shouldn't the stock go up? Not necessarily.  The price of a stock is a measure of expected future performance, not necessarily past performance.  If the earnings had been more that the market expected, then the price might go up, but if the market sees it as an anomaly that won't continue then there may not be enough buyers to move the stock up. looking at it long term would it hurt me in anyway to buy ~100,000 shares which right now would run be about $24 (including to fee) and sit on it? If you can afford to lose all $24 then no, it won't hurt.  But I wouldn't expect that $24 to turn into anything higher than about $100.  At best it might be an interesting learning experience."}
{"_id": "596834", "title": "", "text": "There's a few things going on here. If we fixed rates (and terms) over time we'd expect a pretty tight chart of home prices to income, almost lockstep. Add a layer of growth above that in boom times due to the wealth effect (when stocks are way up, we have extra money to blow on bigger houses) and the opposite when markets are down. Next, the effect of rates. With long term rates dropping from 14% in 1985 to 5% in 2003, the amount that can be bought for the same monthly payment rises dramatically as rates fall. Easy to lose site of that and the fact that the average size house has increased about 1.5% per year over the last 40 years, surely that can't continue.  When you normalize all these factors, houses cost fewer hours-worked almost at the peak of the market than 25 years ago. Mike's logical example of extrapolating out is very clever, I like it. In the short term, we'll see periods that are booms and busts, but actual prices will straddle the line representing the borrowing power of a week's pay."}
{"_id": "596858", "title": "", "text": "I work at a public accounting firm. It's in tax, but I know the audit side of the house pretty well as well.  &gt;Without public confidence in the profession, CPA firms wouldn't exist. It's truly an incentive to do a good job and continually gain confidence. They incidentally make money along the way.  That's really the heart of the argument. During my schooling we talked about ethics pretty much constantly. In almost every state now, you're required to take a 3 credit hour ethics class prior to sitting for the CPA exam, and you're required to do continuing education. How much depends on the state, but 40-60 hours every three years is par for the course. Of those hours, typically 4-5 of them have to be approved ethics courses.  There's also a whole litany of codes of conduct that a CPA must follow. For example, I, as a tax person am bound to follow the codes of conduct of:  * The SEC * The PCAOB * The IRS * The AICPA * My State Board of Accountancy * My Firm  A serious violation of any one of those codes can lead to a suspension of my license. e.g. I won't ever be able to work in public accounting again. As a profession, most of the CPA's that I've met are above board, but there will always be a few bad apples.   On the audit side, the PCAOB (a government agency) audits all the public accounting firms that do assurance work something like every 3 years. The SEC can get involved as well if they think something fishy is going on."}
{"_id": "596875", "title": "", "text": "What are your alternatives? If you have something else lined up that is better than this internship, then yes, you should jump ship. Remember, you are your first priority. Don't worry about getting burned, and don't necessarily trust someone's promises. Many people in your life will overpromise and underdeliver.  With that said, if you don't have something to fall back on (that can provide relevant experience that you're looking for), then stick it out. Selling (including cold-calling) is an extremely important skill to have; there will be many times in the future where you will have to sell something, whether it's yourself, or an idea, or some other product. Use this internship as an opportunity to improve your sales skills, your English, and overcome your shyness. Take time to learn as much as you can - whether it's about running a business, your boss's previous experience, or anything else that may come in handy in the future.  Good luck!"}
{"_id": "596914", "title": "", "text": "There's two competing forces at work, and they are at work worldwide. Banks can get money from several sources: Through inter-bank borrowing and from raising capital. Capital can come from from selling assets, stock offerings, deposits, etc. The money the banks get from depositors is capital. In the United States, the Federal Reserve regulates the amount of capital that banks must maintain. If there was no requirement for capital then there would  be zero demand for capital at an interest rate above the inter-bank offering rate. As capital requirements have risen, banks are allowed to make less loans given a certain amount of capital. That has caused an increased demand for capital from depositors. As described in this Federal Reserve ruling, effective January 1st, 2014 the Federal Reserve is again raising capital requirements. As you can see here money can be borrowed, in the United States, at .0825% (100 - 99.9175). Currently interest rates paid to borrowers are quite high compared to prevailing inter-bank rates. They could see more upward pressure given the fact that banks will be forced to maintain an increased amount of capital for a given amount of loans."}
{"_id": "596916", "title": "", "text": "If you read the article in the 2nd or 3rd paragraph it talks about charges against Angelo Mozillo (countrywide) though my personal opinion is that its going to be tough to win for the government, even with the witch hunt media attention."}
{"_id": "596936", "title": "", "text": "In my opinion, it generally makes sense to focus all of your debt-reduction energy and funds on one loan at a time. There are two reasons for this: It will allow you to more quickly move from 4 loans to 3 loans, and then 2, and then 1, providing you with a sense of progress and motivation. As you reduce the number of loans that you have, your monthly minimum payment obligations will be reduced.  Then, if you have a month with an emergency expense, you will have more income available to you for your emergency without getting behind on your loans. There is debate about whether to pay loans in order of the loan balance or in order of interest rate (you can read about this here and here), but in your case, your highest interest loans also have the lowest balance, so either method would have you picking the same loans first.   You have already chosen, wisely, to start with the $1500, 6.8% loans.  Send all of your $1000 to one of these loans, and continue to work aggressively to knock out all four as quickly as possible."}
{"_id": "596940", "title": "", "text": "really don't worry about getting a serious financial internship after your freshman year, no offense but you don't really know enough to help a serious firm in a serious role. If possible try to find something close to home with any place related to the business world for any amount of hours. Any business experience is enough to apply for a financial internship your sophomore summer as it will just prove you are smart enough to work for a company and not fuck up.   Take this time to do some of your own research looking at specific fields you are interested in. I've had friends have success in the past where early on they just called around and networked through some friends, and shadowed like 5 different financial jobs for a day or two that summer. Really gives you an idea on what the day to day tasks are for different positions, something you can't get in a classroom.  Lastly don't stress about any of this stuff too much. No company is going to throw out your application because you had 2 years of finance internships instead of 3 or if your gpa isn't perfect. if you focus on learning these next few years about something you're interested in, you'll be not just good but great at what you do and you'll be successful."}
{"_id": "596957", "title": "", "text": "Can you reduce your interest rate? Talk to the lender. Maybe. Probably not. The rate reflects their perception of how much of a risk they're taking with the loan. But if all you're borrowing is $2000, the savings that you might get out of any adjustment to the rate is not going to be all that significant. Sure, it would be nice, but it's not going to be enough to make or break your decision to buy this car. The big savings will be that you're paying interest on a much smaller loan, which means you can reduce your payments and/or pay it off more quickly. REMINDER: NEVER TALK TO AN AUTO DEALER ABOUT FINANCING UNTIL AFTER THE PRICE OF THE CAR HAS BEEN NAILED DOWN -- otherwise they will raise the purchase price to cover the cost of offering you an apparently cheap loan."}
{"_id": "596959", "title": "", "text": "It isn't as simple as just borrowing money. This is more of an economics question but there are reasons to borrow money (simple example being when the economy is growing too slowly) and reasons to increase taxes (basic example being when the economy is growing too fast). Check out monetary and fiscal policy on investopedia or youtube, this should give you a good understanding.   Now one more thing to consider is the 'risk' of governments defaulting on their loans. In a simple sense, the more debt a government has the more risk there is to default. This means people who lend the government money will want a higher interest rate, making it harder for the government to borrow money."}
{"_id": "596973", "title": "", "text": "Register in Nevada.  It's a no brainer.  I understand that it's not a great deal of money, but if you can save several hundred dollars per year, why not?  It's the same amount (actually probably less) of paperwork to register in Nevada."}
{"_id": "596986", "title": "", "text": "Can anyone elaborate on her role in the company? Is she really more than a pretty face which helps the company grow revenues and attract a high valuation? I understand she is a co-founder and I'm sure that she holds a significant chunk of equity, which will make her even wealthier in the future following a liquidity event. However, I don't see how an actress with no prior technical or business schools would be helpful beyond the marketing aspect. From what I gather, it's Brian Lee who actually runs the company. Either way, I give this woman props as she has managed to transition to being an entertainer and a businesswoman at the same time."}
{"_id": "597053", "title": "", "text": "Yes. W4 determines how much your employer will withhold from your wages. Leaving everything at default would mean that your salary is your only taxable income, and you only take default deductions. Your employee will calculate your tax withholding based on that. But, if your salary is >200k, I assume that you have other income (investment/capital gains, interest on your bank account), which you will have to pay taxes on. You're probably going to have some deductible expenses (business/partnership expenses, mortgage interest, donations, college funds etc) as well. So it is very likely, unless you're really not smart about money, that you have more to do with your taxes than just the employers' withholding."}
{"_id": "597091", "title": "", "text": "Yes, because we don't want to be China. It also helps stimulate an economy to have your largest portion get most of the wealth.      Warren Buffett can only eat one meal at a time, live in one house at a time, and only has so much time in his day. If you give his yearly salary to 150 people that are right now unable to do any of those things, they will put that money to better use."}
{"_id": "597098", "title": "", "text": "I don't think that it necessarily means they were more intelligent at all. China and India historically were always the wealthiest and most technologically advanced nations economically until very recently. Europe was mainly more advanced militarily. It's not like intelligence changes that much for a population over just a few generations. Europe was really only more advanced after the crusades and even then they were only more advanced due to their quick adaptation of gun powder, which originally came from china."}
{"_id": "597106", "title": "", "text": "Another reason this stock market is just one gigantic fabricated bubble. A combination of firing people (and not giving significant pay raises while making fewer employees do more work) to make profits seem higher and those buybacks.   People look at me like I'm crazy"}
{"_id": "597117", "title": "", "text": "You're welcome, good questions on a confusing topic! Let me see if I can unpack it a bit, try to clear up the way accrual accounting jukes and jives...  &gt;  I buy an airline today. I get to recognize the revenue from any pre-sold tickets starting tomorrow and reduce my deferred revenue liability...  Hmm... Are you sure that's the case? Does purchasing the business somehow cause those future events to resolve?  I could be way off base here so let me know if I'm missing something, but whenever an airline ticket is purchased in advance, it's a balance sheet issue. Cash is increased and there is a liability created for Deferred Revenue. The revenue hits the income statement only when the flight takes place. As you noted, this would be accompanied with the usual trappings of costs and expenses, etc.  &gt;  However, I don't get that cash as it has already been paid to the previous owner.  Sure you do! Their bank account is now yours, right? I imagine that buying an airline company would be a matter of transferring ownership rather than to resolve any underlying uncertainty in the recognition of earnings, yeah?  As for valuation, it may depend on if you're looking at the income statement in isolation and relying on EPS or if you're using a more integrated approach with the balance sheet, which would bring these sorts of developments to light.  Does that help? Any part still clear as mud?  EDIT: words"}
{"_id": "597131", "title": "", "text": "Sales data for one county in FL, July single family home sales.      year       units    median_price median_size     1  2016  2061       221500        1857     2  2017  2126       220000        1770  Looks pretty flat to me.  (Mean) $/sqft up 50 cents."}
{"_id": "597132", "title": "", "text": "Hey OP, Don't listen to the negative comments, they don't know what they're talking about. I just got hired as an associate i-banker at the top investment bank in my country , which is roughly at the level of American bulge bracket banks.   I'm an introvert. Yes, I like to drink and socialize, and part of the interview process involved cocktails and dinner with other candidates and several ibankers at all levels . But I-bankers are just geeks in suits. As long as you are comfortable in social settings , you don't need to be an alpha male or frat jock.  I recommend meeting as many ibankers as possible. Have coffee chats and learn about the people that work in the industry. Good luck."}
{"_id": "597135", "title": "", "text": "Two possible reasons: You can tell which scenario it is based on the credit history they provide you. If you look at the history and they show you your scores for each month, even though you didn't initiate it, then they are auto checking it each month. If the historical dates are only on the dates you clicked on the button, they are only checking when you manually click on it. As for the why they provide it, a few years back it was a desirable feature. Now they all do it just to keep pace with everyone else. Note that most banks only provide a single scoring model from one bureau (but different banks use different bureaus)."}
{"_id": "597146", "title": "", "text": "Directly?  That's hyperbole.  Its not like she was managing the data or even the method of safeguarding the data.  She was managing the person who was supposed to secure and keep securing that data.  That doesn't make her blameless, but I wouldn't say she was directly responsible.  She was tangentially responsible as the person ultimately in charge of Yahoo operations."}
{"_id": "597150", "title": "", "text": "I know what your saying. But I think there is a bit of hopes and feels in stocks also.  If people feel like it's going to go down they sale.  Causing it to go down right?  Bad news article comes out about a stock or bitcoin.  They go down.  Good news article comes out they both go up.  Even if the company changed nothing.   Bit of hopes and feels involved.    Edit:  pose that as a question.  Am I completely off the mark here?"}
{"_id": "597153", "title": "", "text": "Nope, because Ticketmaster has many venues locked up to the point Amazon will not be able to compete with them there.   Until and unless Amazon can break into those contracts, Ticketmaster will still have a monopoly over many of the best venues."}
{"_id": "597154", "title": "", "text": "You clearly have no understanding of the issue.  As an example, lets say Apple sells an iphone in France.   Apple has to pay income tax and tarrifs and whatever else on that money they receive for the iphone they sold. That makes sense, they use France's infrastructure and citizens to sell the phones.   Then when the money comes back to the US (the money is not coming back at this time), Apple is taxed on the same money from the iPhone they just paid taxes on in France. That makes selling iPhones outside of the US difficult due to tax law and regulations that other companies don't have to deal with. This makes it easier for other phone manufacturers to sell phones at a profit and not Apple. This hurts Apple at the end of the day and keeps the money in foreign countries when it could be re-invested in the US...  What is the point of selling internationally if you are going to have to pay two sets of taxes and likely lose money?"}
{"_id": "597191", "title": "", "text": "Thanks for the answer! Yeah it is pretty insane that they have to keep 100%..   I'm also seeing that in-flows from clients wouldn't be seen as a operating deposit but rather as non-operating, wouldn't this mean that the short-term wholesale fundings wouldn't be calculated in LCR? So Basel III want the banks to have more HQLA which comes at a cost . Or did I misunderstand that part?"}
{"_id": "597199", "title": "", "text": "Self employment is typically harder to qualify with than W2 income. In general the bank is going to want 2 years of tax returns. You will be asked to sign a 4506-T that allows the bank to get the records directly from the IRS. Self employment income will be averaged across the 2 years, I don't think a 20% drop in profits is large enough to cause concern but it might. I would plan on being able borrow against the lowest year just in case.  If you get a W2 job you will be able to count the income immediately assuming it is not a temporary position. The bank will ask for  the offer letter. If you have decent credit and 20% down, you should be able to get a mortgage either way. A W2 is typically less paperwork and you would get to claim your current income assuming that is higher than your past income."}
{"_id": "597206", "title": "", "text": "You should find the best online jewelry seller in USA, which has  a unique high quality material necklace. It is one of most online seller of jewelry, the essential oil necklace gives you a beautiful look. It is a basic needs of every woman to wear the latest design in jewelry, so we complete that requirement. It is an interesting place for those customers who fear to buy any product online, our company Izzy Bell Boutique makes the very cheapest price and latest design essential oil necklace. So we are also available online for full fill the requirements of the customers."}
{"_id": "597215", "title": "", "text": "You mean auto dealer bailouts? Has happened multiple times already.  Also dealerships have been doing this type of lending with banks for years.. which is why direct sales is likely a mu have better model than dealership model...but hey I didn't invent this."}
{"_id": "597229", "title": "", "text": "While r/finance has some great advice and posters who are well versed in their fields, this appears to be a legal question and if you're really concerned about the legality, I would strongly advise you to check in with a lawyer, not an online internet commenter. While there is a lot of good content on this site, you do see comments where the person is completely talking out of their ass.  It would suck for you to raise concerns at your job, based on faulty 'legal' advice."}
{"_id": "597241", "title": "", "text": "Thought this might be a bit useful for you... http://www.score.org/resources/business-plans-financial-statements-template-gallery  Edit: I haven't used their templates in a project before but, glancing at them, they look pretty through. Previously, I've created my own statements in Excel based on templates I've seen in old accounting books. Good luck with your business plan!"}
{"_id": "597243", "title": "", "text": "I have and I was close to going that route but I live in a relatively rural area and the only viable antenna would need to be powered and roof mounted. This is something I would be willing to do as it's still cheaper than having cable/satellite but even with this I won't get many of the games I want (we would still not have clear reception for some major channels). I found that basically, without ESPN I cannot get the majority of the games we want to watch.   That's what it boiled down to. No ESPN. I was all set to get an Apple TV (or similar device), a powered antenna, a VPN so I could catch the European soccer I like but I couldn't find a way to get ESPN and that eliminates too many of the games we like to watch."}
{"_id": "597247", "title": "", "text": "Millionaire, Shmillionaire! Let's do this calculation Bruno Mars style (I wanna be a Billionaire...) If my calculations are correct, in the above scenario, at age 80, you would have more than a billion in the bank, after taxes."}
{"_id": "597261", "title": "", "text": "I would refrain from commenting on market timing strategy, but please don't park extra AUD cash in IB.  Park cash in your local bank high interest savings, and get a Margin account at IB.  When you want to pull the trigger, use margin loan to buy stocks immediately, then transfer cash from local bank to IB afterwards."}
{"_id": "597265", "title": "", "text": "My realtor told me that even though they're only asking for 1/2    the money and have excellent credit that the mortgage company may   not lend it to them if I'm over priced. Is this true? I've never heard of it before. It is a chance, but it is a red herring to the discussion. Having excellent credit has nothing to do with being eligible for a debt object of a specific size. Just because you have excellent credit, would you get approved for a property of $10,000,000 if you only made $35,000 a year (and had no other net worth)? But regarding your potential buyers, a chance vs a good chance is different. Your realtor just told you some basic always true lending fact that has nothing to do with your situation."}
{"_id": "597284", "title": "", "text": "\"This is dire stuff for my fellow workaholics.  From the article:  \"\"Now it seems that clocking up more than 55 hours a week means a 40% higher chance of developing an irregular heartbeat, known as atrial fibrillation (AF), when compared to those with a better work-life balance.\"\"\""}
{"_id": "597285", "title": "", "text": "No, it's not a good idea. You started by saying you'd like to invest, but then mentioned something that's not an investment, it's a speculation. Both Forex and CFDs are not really investments. They are a zero sum game where over time, it's a pool of your money, the other trader's money, and the broker, redistributed over time.  If you truly wish to invest, you'll read up on the process, understand your own long term goals, and put aside X% (say 5-15) of your monthly income. You should look into investments that are long term, and will fund your retirement 30-40 years hence."}
{"_id": "597291", "title": "", "text": "I think you have to dispute with the Credit Union provider that the funds have not reached the account. Ask them for the details, even if electronic, they will have reference numbers. Also provide the Credit union your copy of the current loan account ... it would not reflect the credit. Keep following up"}
{"_id": "597295", "title": "", "text": "\"Please note that the following Graham Rating below corresponds to five years: Earnings Stability (100% \u21d2 10 Years): 50.00% Benjamin Graham - once known as The Dean of Wall Street - was a scholar and financial analyst who mentored legendary investors such as Warren Buffett, William J. Ruane, Irving Kahn and Walter J. Schloss. Buffett describes Graham's book - The Intelligent Investor - as \"\"by far the best book about investing ever written\"\" (in its preface). Graham's first recommended strategy - for casual investors - was to invest in Index stocks.  For more serious investors, Graham recommended three different categories of stocks - Defensive, Enterprising and NCAV - and 17 qualitative and quantitative rules for identifying them.  For advanced investors, Graham described various \"\"special situations\"\". The first requires almost no analysis, and is easily accomplished today with a good S&P500 Index fund. The last requires more than the average level of ability and experience. Such stocks are also not amenable to impartial algorithmic analysis, and require a case-specific approach. But Defensive, Enterprising and NCAV stocks can be reliably detected by today's data-mining software, and offer a great avenue for accurate automated analysis and profitable investment. For example, given below are the actual Graham ratings for International Business Machines Corp (IBM), with no adjustments other than those for inflation. Defensive Graham investment requires that all ratings be 100% or more. Enterprising Graham investment requires minimum ratings of - N/A, 75%, 90%, 50%, 5%, N/A and 137%. International Business Machines Corp - Graham Ratings Sales | Size (100% \u21d2 $500 Million): 18,558.60% Current Assets \u00f7 [2 x Current Liabilities]: 62.40% Net Current Assets \u00f7 Long Term Debt: 28.00% Earnings Stability (100% \u21d2 10 Years): 100.00% Dividend Record (100% \u21d2 20 Years): 100.00% Earnings Growth (100% \u21d2 30% Growth): 172.99% Graham Number \u00f7 Previous Close: 35.81% Not all stocks failing Graham's rules are necessarily bad investments. They may fall under \"\"special situations\"\". Graham's rules are also extremely selective. Graham designed and backtested his framework for over 50 years, to deliver the best possible long-term results. Even when stocks don't clear them, Graham's rules give a clear quantifiable measure of a stock's margin of safety. Thank you.\""}
{"_id": "597299", "title": "", "text": "In this 100% free course, you will learn the INSIDER SECRETS that we and hundreds of others have successfully used to create long-term sustainable wealth that allows you to FEEL GREAT about what you are doing and who you are helping ALL while simultaneously making HUGE MONEY! This course was written by active owners, operators and investors in Group Homes,"}
{"_id": "597311", "title": "", "text": "Because when you go out to get something, you're not just paying for the burger.  Almost anyone can make a better burger than most places out there when they make one at home.  This isn't a good argument to not pay the $15.    Now, if you go out and you pay the $15 and you don't have a good *experience,* then that's another problem."}
{"_id": "597315", "title": "", "text": "I have never owned cable.  I do stream shows or rent dollar DVDs.  The only scheduled programming I partake in is sports, and I get that for free and in HD with either an antennae, or from just plugging my coax into the wall.  Uncle_Erik is right, to older people this is a crazy way to live, but it is completely normal for the majority of younger people."}
{"_id": "597328", "title": "", "text": "I want to know it is taxable any guidelines As per the income tax rules, this is taxable to you. The amount will be treated as gift to you. The limit of this in a year [across all friends] is Rs 50,000. If the limit exceeds, the entire amount is taxable. You would need to declare this as other income and pay taxes as per your tax brackets."}
{"_id": "597333", "title": "", "text": "\"Agreed. Sometimes, I wish I would have done something more creative, more engaging, more dynamic.   Finance is very straightforward and logical. For every contingency there is a specific set of rules/theory you follow to make a decision. I work in corp dev at a fortune 500 healthcare company and very little gut decisions are made without a \"\"model\"\" or endless PowerPoints explaining a decision. Of course this is an incredible simplification of the finance industry, but you can't tell me that working in finance can hold a candle to the every-day general dynamics of working for a small web start-up.  Sometimes I think of how much I would enjoy doing that, working for a startup. But then I log into mint and I laugh as a model goes down on me while I sip on johnnie walker blue on a tuesday night. Life's good.\""}
{"_id": "597339", "title": "", "text": "You're allowed to smoke inside but doing so at the table is frowned upon. That said, if you do do it at a table, no one will ask you to leave unless one of the other players does (depending on the casino, I suppose)."}
{"_id": "597342", "title": "", "text": "There is a clear relationship between dirty or low maintained office carpets and allergens and dust mites, which can increase the incidence of bacteria and germs leading to work related absence due to the spread of coughs and colds in the office.  Identify how a cleaner looking carpet can increase business performance."}
{"_id": "597346", "title": "", "text": "It may have some value!  Investopedia has a well-written quick article on how stock holders may still get some portion of the liquidated assets.  While there is generally little left for common shareholders if the price of those shares is tiny and some money does come back to shareholders there can still be significant profit to be made. As to why the trading volume is so high... there are many firms and hedge funds that specialize in calculating the value of and buying distressed debt and stock.  They often compete with each other to by the stock/debt that common shareholders are trying to get rid of.  In this particular case, there is a lot of popular interest, intellectual property at stake and pending lawsuits that probably boosts volume."}
{"_id": "597349", "title": "", "text": "It's called the Stark Law.   Most of us would eat and run, sleep a little bit during the dry lecture.   Had no effect on practice whatsoever, since you're following guidelines anyway.   Mostly was for antibiotics and cholesterol meds, insulin, stuff like that. Can't ever remember getting one about opiates - although based on the amount of new brand name opiates on the market, I'm sure someone is getting these lunches."}
{"_id": "597351", "title": "", "text": "It sounds for the most part you are a 'buy and hold' type investor and continue to contribute monthly.  I follow the same philosophy and continue to contribute monthly as well.  I use Questrade.com as my online broker. For trading it costs a penny per share with a minimum cost of $4.95 (so if you only buy 100 shares you will still pay $4.95) up to a maximum of $9.95 per trade (so if you buy 10,000 shares you only pay $9.95. Three trades at $4.95 per month across the year would be $178.20.  This is assuming you are trading less then 495 share each trade.  So switching to Questrade would save you an additional $111.80 per year!  Multiply over number of year before you retire plus compound interest which could accrue and that can quite a bit of extra savings. You pay nothing else to Questrade either.  No management fees, etc.  You manage the accounts."}
{"_id": "597363", "title": "", "text": "In addition to these fair points the argument that you can simply not buy from the unethical business breaks down in our current intermingled society. If I don't like Monsanto I can't simply stop buying their seeds (since I'm not a farmer and in lots of cases I'm pretty far removed from that stage of the process) yet their practices effect me in lots of ways and there's nothing I can do about it at the purchase level."}
{"_id": "597364", "title": "", "text": "Movie going (actual # tickets sold) [climaxed in 2002](http://www.the-numbers.com/market/) and the theater market has only been kept afloat since then by increasing ticket prices.  However, the more ticket prices increase, it creates a cycle where it's less attractive to go to the movies and so they have to increase ticket prices again.  Movie theaters typically cede most of the opening week revenue to the studio so they need some minimum foot traffic so a percent of audience buys the high margin popcorn and drinks.  Movie studios got greedier, wanting to take the movie out of the theater ever faster to multiple revenue-generating venues (Star Wars was in the theater a year+.... now all but the biggest movies are in, what, a few weeks?), costs to A/C-heat buildings rise, big TVs are cheaper every year, netflix, etc.  Not to mention the tablet, which I watch netflix on more than a big TV... and the rise of the formula superhero movie.  Pure no-value-added Theaters are on the way out in any areas with decent internet.  They arose in a time of touring stage entertainment and displaced many a live performance with this new moving picture tech.  Now they are being displaced by tech just the same.  A littering of restaurant theaters and imax or next tech theaters and the like will stick around in 25 years as attractions but it just won't be the same scale.  You can liken this to how consoles eventually killed the video game arcades, even with shittier hardware.  It's happening to retail market crashing down, and it happened to small chain book stores, CD stores, and a bunch of other categories, etc.  No surprise to anyone that pays attention and thinks the next tech/economical step.  In the end, it's really up to studios to decide if the movie theater is a relic worth keeping and only if they work jointly, and in the end it still might just buy them a few years til it sinks.  I don't think it's worth keeping.  My preferred local one is one of the better ones out of 4-5 (3 are small time with limited screens) and yet even they haven't replaced the carpeting in 15 years and it smells like piss in the summer.  This is in one of the richer areas of the country, not some ghetto, not going to the movies for that bonus whiff."}
{"_id": "597376", "title": "", "text": "\"When you say \"\"apartment\"\" I take it you mean \"\"condo\"\", as you're talking about buying. Right or no? A condo is generally cheaper to buy than a house of equal size and coondition, but they you have to pay condo fees forever. So you're paying less up front but you have an ongoing expense. With a condo, the condo association normally does exterior maintenance, so it's not your problem. Find out exactly what's your responsibility and what's theirs, but you typically don't have to worry about maintaining the parking areas, you have less if any grass to mow, you don't have to deal with roof or outside walls, etc. Of course you're paying for all this through your condo fees. There are two advantages to getting a shorter term loan: Because you owe the money for less time, each percentage point of interest is less total cash. 1% time 15 years versus 1% times 30 years or whatever. Also, you can usually get a lower rate on a shorter term loan because there's less risk to the bank: they only have to worry about where interest rates might go for 15 years instead of 30 years. So even if you know that you will sell the house and pay off the loan in 10 years, you'll usually pay less with a 15 year loan than a 30 year loan because of the lower rate. The catch to a shorter-term loan is that the monthly payments are higher. If you can't afford the monthly payment, then any advantages are just hypothetical. Typically if you have less than a 20% down payment, you have to pay mortgage insurance. So if you can manage 20% down, do it, it saves you a bundle. Every extra dollar of down payment is that much less that you're paying in interest. You want to keep an emergency fund so I wouldn't put every spare dime I had into a down payment if I could avoid it, but you want the biggest down payment you can manage. (Well, one can debate whether its better to use spare cash to invest in the stock market or some other investment rather than paying down the mortgage. Whole different question.) \"\"I dont think its a good idea to make any principal payments as I would probably loose them when I would want to sell the house and pay off the mortgage\"\" I'm not sure what you're thinking there. Any extra principle payments that you make, you'll get back when you sell the house. I mean, suppose you buy a house for $100,000, over the time you own it you pay $30,000 in principle (between regular payments and any extra payments), and then you sell it for $120,000. So out of that $120,000 you'll have to pay off the $70,000 balance remaining on the loan, leaving $50,000 to pay other expenses and whatever is left goes in your pocket. Scenario 2, you buy the house for $100,000, pay $40,000 in principle, and sell for $120,000. So now you subtract $60,000 from the $120,000 leaving $60,000. You put in an extra $10,000, but you get it back when you sell. Whether you make or lose money on the house, whatever extra principle you put in, you'll get back at sale time in terms of less money that will have to go to pay the remaining principle on the mortgage.\""}
{"_id": "597383", "title": "", "text": "Ethics aside, it seems like you'd have to do this so many times, and split it up between many different stores to avoid suspicion, that you're better off putting that time and effort into a real job. 20 transactions only gets you $200."}
{"_id": "597398", "title": "", "text": "Also, if accounting suddenlly decides to hire a bunch of new employees why should the cost for the computers come out of IT's budget?   As long as IT's budget is subserviant to the whims of other departments you can't really call it a budget at all. Rather, it is just a pool of money that anyone can dip in to."}
{"_id": "597401", "title": "", "text": "\"FINRA Description of Day Trading rules The rules adopt a new term \"\"pattern day trader,\"\" which includes any   margin customer that day trades (buys then sells or sells short then   buys the same security on the same day) four or more times in five   business days, provided the number of day trades are more than six   percent of the customer's total trading activity for that same   five-day period. So, there's several ways to avoid being labeled a pattern day trader:\""}
{"_id": "597426", "title": "", "text": "\"The problem is the use of short-hand. Their chopped off sentence. When someone says: \"\"there is a labor shortage\"\" what they really mean is: \"\"There is a labor shortage at the current wage.\"\" A related problem happens when a company finds out, for example, that it would have to give it's 18 currently employed welders all a $10/hr raise just to attract 2 new ones at the new higher wage.  Another problem is there use to be trade unions that organized and maintained a talent pool that could dynamically meet demand for skilled labor. These trade unions have largely been done away with. They were the one's attracting, recruiting, and selecting skilled tradespeople just like colleges do.\""}
{"_id": "597434", "title": "", "text": "Keep in mind that the bond market is dominated by US Treasury securities... if there were an S&P 500 for bonds, the US would take positions 1-400. Be careful that you understand what's in your bond funds -- you may not be as diversified as you think."}
{"_id": "597437", "title": "", "text": "There isn't really enough information here to go on.  Without knowing when you invested that money we can't find your rate of return at all, and it's important to measure your rate against risk.  If you take on significantly more risk than the overall market but only just barely outperform it, you probably got a lousy rate of return. If you underperform the market but your risk is significantly lower then you might have gotten a very good rate of return.  A savings account earning a guaranteed 4% might be a better return than gambling on the roulette wheel and making 15%."}
{"_id": "597446", "title": "", "text": "\"Sole Proprietor can be registered under the \"\"Shop & Establishment Act\"\". Find out where one can register it in your city. One needs to fill a simple form. Its a nominal fee of Rs 100/-. If there is a Chamber of Commerce, they generally help in completing the formalities for free. A CA can also help you get this done for a small fee.\""}
{"_id": "597459", "title": "", "text": "&gt;I don't understand the logic of converting a cost of funds of 4% to a monthly % and then subtracting that number from an annual one (the 1.5%).  I know it was wrong, so how would you approach it?  &gt;Unfortunately without seeing the case I really can't help you...there was likely much you have left out from above.    All the relevant details I received for the case are here. What other info are you looking for?"}
{"_id": "597466", "title": "", "text": "Dude its not propaganda when your purposely shipping jobs overseas and laying off people to make a profit. I can understand if the company itself had to do it to sacrifice something but Bain was a predator and an opportunist plain and simple."}
{"_id": "597467", "title": "", "text": "Yeah, the 12% assumption is divorced from reality.  That is a full 5% higher than the real return on the S&P for the last sixty years. But buying a used car rather than borrowing for a new one is solid-gold advice.  It may take more iterations to get to the nice car because of things like taxes, transaction costs, repairs, etc., but staying out of debt (or saving up as much as possible to get a reliable car) is excellent advice."}
{"_id": "597474", "title": "", "text": "Thanks for German links but the text makes my point to 100 %?? It says criminal acts from foreigners stayed the same right wing attacks are on the rise and make up for the majority of the attacks .... so why did you send me this ???"}
{"_id": "597503", "title": "", "text": "You're last paragraph sums up what I mean exactly. Businesses will continue to make investments that try think make sense. Taxes have an pact on what makes sense. This combo is what we should be discussing. Thanks for adding to the conversation."}
{"_id": "597519", "title": "", "text": "it looks like using an ADR is the way to go here.  michelin has an ADR listed OTC as MGDDY. since it is an ADR it is technically a US company that just happens to be a shell company holding only shares of michelin. as such, there should not be any odd tax or currency implications. while it is an OTC stock, it should settle in the US just like any other US OTC. obviously, you are exposing yourself to exchange rate fluctuations, but since michelin derives much of it's income from the US, it should perform similarly to other multinational companies. notes on brokers: most US brokers should be able to sell you OTC stocks using their regular rates (e.g. etrade, tradeking). however, it looks like robinhood.com does not offer this option (yet). in particular, i confirmed directly from tradeking that the 75$ foreign settlement fee does not apply to MGDDY because it is an ADR, and not a (non-ADR) foreign security."}
{"_id": "597556", "title": "", "text": "MicroGrid\u2019s single unit structure is superior to woven material in that it won\u2019t unravel or have loose strands that become problematic during processing into a pre-preg material or when conducting a dry lay-up. The homogenous design also ensures uncompromised conductivity between strands when forming the material to a variety of shapes and contours and provides a smooth surface on the end product. MicroGrid\u2019s biggest advantage is Dexmet\u2019s ability to tightly control the manufacturing process to meet a specific weight, open area, and conductivity requirement.  For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"_id": "597571", "title": "", "text": "First, if you live in/around a reasonably populated urban area, and you're in the United States, I can't see why you would choose to bank with Chase, B of A, or another large commercial bank. I think you would be much better served by banking at a reasonably large credit union. There are many differences between banks and credit unions, but in a nutshell, credit unions are owned by the members, and operate primarily to provide benefits to their members, whereas a bank is owned by the shareholders, and operates primarily to make profits for the shareholders (not to benefit the customers). The banking industry absolutely hates the credit unions, so if you've ever been nickeled-and-dimed with this fee and that charge by your bank, I have to ask why you're still banking with a company that irritates you and/or actively tries to screw you out of your money? I live in California, and I've banked at credit unions almost exclusively since I started working nearly 30 years ago. Every time I've strayed and started banking at a for-profit bank, I've regretted it. For example, a few years ago I opened a checking account at a now-defunct bank (WaMu) just for online use: eBay and so forth. It was a free checking account. When Chase bought WaMu, the account became a Chase account, and it seemed that every other statement brought new fees, new restrictions, and so forth. I finally closed it when they imposed some stupid fee for not carrying enough of a balance. I found out by logging in to their Web site and seeing a balance of zero dollars; they had imposed the fee a few statements back, and I had missed it, so they kept debiting my account until it was empty. At this point, I do about 90% of my banking at a fairly large credit union. I have a mortgage with a big bank, but that was out of my hands, as the lender/originator sold the mortgage and I had no say in the matter. My credit union has a highly functional Web site, permits me to download my account activity to Quicken, and even has mobile apps which allow me to deposit a check by taking a picture of it, or check my account activity, etc. They (my credit union) are part of a network of other credit unions, so as long as I am using a network ATM, I never pay a fee. In sum, I can't see any reason to go with a bank. Regarding checks, I write a small number of checks per year, but I recently needed to reorder them. My credit union refers members directly to Harland-Clarke, a major-league player in the check printing business. Four boxes of security checks was around $130 plus shipping, which is not small money. However, I was able to order the very same checks via Costco for less than half that amount. Costco refers members to a check printing service, which is a front/subsidiary of Harland-Clarke, and using a promo code, plus the discount given for my Costco membership, I got four boxes of security checks shipped to me for less than $54. My advice would be to look around. If you're a Costco member, use their check printing service. Wal*mart offers a similar service to anyone, as does Sam's Club, and you can search around to find other similar services. Bottom line, if you order your checks via your bank or credit union, chances are you will pay full retail. Shop around, and save a bit. I've not opened a new account at a credit union in some time, but I would not be surprised if a credit union offered a free box of checks when you open a new account with them."}
{"_id": "597574", "title": "", "text": "The amount you contribute will reduce the taxable income for each paycheck, but it won't impact the level of your social security and medicare taxes. A 401(k) plan is a qualified deferred compensation plan in which an   employee can elect to have the employer contribute a portion of his or   her cash wages to the plan on a pretax basis. Generally, these   deferred wages (commonly referred to as elective contributions) are   not subject to income tax withholding at the time of deferral, and   they are not reflected on your Form 1040 (PDF) since they were not   included in the taxable wages on your Form W-2 (PDF). However, they   are included as wages subject to withholding for social security and   Medicare taxes. In addition, employers must report the elective   contributions as wages subject to federal unemployment taxes. You might be able to keep this up for more than 7 weeks if the company offers health, dental and vision insurance. Your contributions for these policies would need to be paid for before you contribute to the 401K. Of course these items are also pre-tax so they will keep the taxable amount at zero. If there was a non-pretax deduction on your pay check that would keep the check at zero, but there would be taxes owed. This might be union dues, but it can also be some life and disability insurance polices. Most stubs specify which deductions are pre-tax, and which are post-tax. Warning. If you get the company match some companies give you the maximum match for those 7 weeks, then zero for the rest of the year. Others will still credit you with a match at the end of the year saying if you should get the benefit. It is not required that they do this. Check the company documents. You could also contribute post-tax money, which is different than Roth 401K, for the rest of the year to keep the match going. Note: If you are turning 50 this year, or are already 50, then you can contribute an additional $5,500"}
{"_id": "597595", "title": "", "text": "\"**Q: \"\"Why aren't you giving your grandmother children before she dies?\"\"**  A: Stop being selfish, it's my life and I decide what I want to do, whenever I want to.  **Q: \"\"I bought a house at 23. Why are you still renting?\"\"**  A: I want to be very wealthy, and not have my own house owned by a bank for 3/4ths of my life. Worry about your own life.  **Q: \"\"Who is going to take care of your parents when we they get old?\"\"**  A: I'm going to be doing that, and my parent's retirement will help. I'm going to be able to do that because I decided to be financially intelligent rather than indulge in selfish personal pride and temporary happiness.  **Q: \"\"If you don't have X by age Y, then there's something wrong with you\"\"**  A: Fuck you, I'm rich. Have fun with your wife and kids while you slave away hoping for a raise someday and pray for the weekends to come.  -----------------------------------------------------------------------  I've used all of these except the parents getting old situation. Stop letting other people dictate what's important in your life. If your parents are mad that you won't have kids or get married, fuck them. You got a nice loft, an AMG Mercedes, a Lexus, saving for a Lamborghini, and enough money in the bank to make people feel inferior just by looking at your account balance. Not to mention that's it's completely possible to have casual, safe sex with many women nowadays.   But hey man, make your family happy and appease society. Lol, hope it works out for you.\""}
{"_id": "597612", "title": "", "text": "Seriously, I get downvoted every time I point out that he is in fact a convicted criminal multiple times over.   People don't even know anything about him despite his wikipedia article being readily available and listing out charges and convictions.  But his new scam, I mean service, will be totally awesome!"}
{"_id": "597627", "title": "", "text": "\"There is no simple answer to your question.  It depends on many things, perhaps most notably what college your daughter ends up going to and what kind of aid you hope to receive. Your daughter will probably fill out the FAFSA as part of her financial aid application.  Here is one discussion of what parental assets \"\"count\"\" towards the Expected Family Contribution on the FAFSA.  You can find many similar pages by googling.  Retirement accounts and primary residence are notable categories that do not count.  So, if you were looking to reduce your \"\"apparent\"\" assets for aid purposes, dumping money into your mortgage or retirement account is a possibility. However, you should be cautious when doing this type of gaming, because it's not always clear exactly how it will affect financial aid.  For one thing, \"\"financial aid\"\" includes both grants and loans.  Everyone wants grants, but sometimes increasing your \"\"eligibility\"\" may just make you (or your daughter) eligible for larger loans, which may not be so great. Also, each college has its own system for allocating financial aid.  Individual schools may ask for more detailed information (such as the CSS Profile).  So strategies for minimizing your apparent assets that work for one school may not work for others.  Some elite schools with large endowments have generous aid policies that allow even families with sizable incomes to pay little or nothing (e.g., Stanford waives tuition for most families with incomes under $125,000). You should probably research the financial aid policies of schools your daughter is interested in.  It can be helpful to talk to financial aid advisors at colleges, as well as high school counselors, not to mention general financial advisors if you really want to start getting technical about what assets to move around.  Needless to say, it all begins with talking with your daughter about her thoughts on where to go.\""}
{"_id": "597636", "title": "", "text": "I see a lot of you arguing the potential future reality and also the reality we live in now. I think everyone's arguments are moot as there will be no stopping this evolution. What law or social faux pas has ever stopped people from doing what they are going to do?   tl;dr- it is inevitable, and I for one welcome our new cyborg overloads."}
{"_id": "597650", "title": "", "text": "Yes. You are assuming that everything remains equal except for a decrease in revenue. More than likely what you will see happen and what is expected to happen, is a decrease in benefits along with a decrease in revenue. So rather than say, revenue of 1000 and payout of 1000, it would become something more like revenue of 750 and payout of 750, and then maybe further down the road revenue 600 and payout 600. But it is unlikely that we continue to see revenue of 750, and payout of 1000. This is a very, very simple explanation and I'm sure someone could use better numbers but I think it illustrates why we won't see social security go bankrupt"}
{"_id": "597653", "title": "", "text": "The price-earnings ratio is calculated as the market value per share divided by the earnings per share over the past 12 months. In your example, you state that the company earned $0.35 over the past quarter. That is insufficient to calculate the price-earnings ratio, and probably why the PE is just given as 20. So, if you have transcribed the formula correctly, the calculation given the numbers in your example would be: 0.35 * 4 * 20 = $28.00 As to CVRR, I'm not sure your PE is correct. According to Yahoo, the PE for CVRR is 3.92 at the time of writing, not 10.54. Using the formula above, this would lead to: 2.3 * 4 * 3.92 = $36.06 That stock has a 52-week high of $35.98, so $36.06 is not laughably unrealistic. I'm more than a little dubious of the validity of that formula, however, and urge you not to base your investing decisions on it."}
{"_id": "597660", "title": "", "text": "Both modi and rajan have said that they are on the same page.  Some of the concerns you're expressing about India not being the same as us is exactly what he's addressing in a general macro manner. Monetary policy can only do so much and over use will hurt more than help, so fiscal policy is needed to fit the actual economic environment of the country. He stood up against the greater banking and economic consensus in 2005 when everyone derided him as a luddite. But you have to realize that USD is the common reserve currency of the world so the fed makes the rule and everyone has to react accordingly."}
{"_id": "597661", "title": "", "text": "I think what he was confused about is why EV is used if a company like Apple is going to have an EV much less than its market cap. His point was, if EV was the only way to measure the value of a firm, a company that hordes cash like APPL should be more valuable than its EV indicates.   I think he failed to take into account that hording cash means the company isn't reinvesting in itself like it should, and therefore, at the time of a transaction, when the cash exits the balance sheet, you get significantly less in terms of remaining value.   I can definitely see why people might get confused on EV though."}
{"_id": "597674", "title": "", "text": "The problem is you need to take a more global and long term view.  In order for us to achieve a post-scarcity &amp; UBI enabled future we need to ensure that poverty globally is erased, and that people have a certain baseline quality of life and education.  That wont happen without globalization, and as we are seeing with Trump - it doesnt take much for you to end up on the short end of the stick, so saying 'but me!' is a really bad perspective to take.  Rather I'd advocate that when (not if) your job is automated or outsourced you consider yourself lucky that you have the option to retrain or work towards a future that enables UBI globally (which is the only way UBI works candidly)."}
{"_id": "597679", "title": "", "text": "\"Leverage here is referring to \"\"financial leverage\"\". This is the practice of \"\"levering\"\" [ie increasing, like the use of a lever to increase the amount of weight you can lift] the value of your investment by taking on debt.  For example: if you have 100k in cash, you can buy a 100k rental property. Assume the property makes 10k a year, net of expenses [10%]. Now assume the bank will also give you a 100k mortgage, at 3%. You could take the mortgage, plus your cash, and buy a 200k rental property. This would earn you 20k from the rental property, less 3k a year in interest costs [the 3%]. Your total income would be 17k, and since you only used 100k of your own money, your rate of return would now be 17% instead of 10%. This is financial leveraging. Note that this increases your risk, because if your investment fails not only have you lost your own money, you now need to pay back the bank. \"\"Beta riders\"\" appears to be negative commentary on investors who use Beta to calculate the value of a particular stock, without regard to other quantitative factors. Therefore \"\"leveraged beta riders\"\" are those who take on additional risk [by taking on debt to invest], and invest in a manner that the author would perhaps considered \"\"blindly\"\" following Beta. However, I have never seen this term before, and it appears tainted by the author's views on Quants. A \"\"quant process driven discipline\"\" appears to be positive commentary on investors who use detailed quantitative analysis to develop rules which they rigorously follow to invest. I have never seen this exact phrasing before, and like the above, it appears tainted by the author's views on Quants. I am not providing any opinion on whether \"\"beta riding\"\" or \"\"quant processes\"\" are good or bad things; this is just my attempt to interpret the quote as you presented it. Note that I did not go to the article to get context, so perhaps something else in the article could skew the language to mean something other than what I have presented.\""}
{"_id": "597681", "title": "", "text": "I have not used Quicken; I've used GnuCash exclusively.  It feels a bit rough with the UI: Balancing that, the data is stored in a gzip-compressed xml file. The compression is also optional, so you can save it as a plain xml file.  This means that you have some hope of recovery if you wind up with a corrupted file. (And for programmer-types, you could keep it in source control for additional peace of mind.) My wife and I have been using it for several years now, and has worked well for us. LWN.net had a pair of Grumpy Editor reviews on personal finance software here and here which would be worth reading."}
{"_id": "597682", "title": "", "text": "\"Sessions was part of a team that [convicted a KKK member, but he did not do it alone, nor was he a driving force.](https://www.theatlantic.com/politics/archive/2017/01/sessions-kkk-case/512600/)  There is no evidence to suggest he \"\"bankrupted the klan\"\"  His current actions speak clearly about his priorities.\""}
{"_id": "597683", "title": "", "text": "&gt; just allow injured parties to sue for damages!  The legal system isn't based on ethics or morals, it's based on who can make the best argument. Big business' have a lot more resources and lawyers than you or I could ever hope to have."}
{"_id": "597686", "title": "", "text": "It seems that it is inevitable that the future will have less employment due to automation. How about these large corporations realize that universal basic income is also inevitable which would require our governments to increase taxes for these overly profitable businesses. What comes around goes around."}
{"_id": "597687", "title": "", "text": "Morningstar has that 10 history at http://financials.morningstar.com/ratios/r.html?t=JNJ&region=usa&culture=en-US"}
{"_id": "597699", "title": "", "text": "I think your best bet would be commission-free ETFs, which have no minimum and many have a share price under $100. Most online brokerages have these now, e.g. Vanguard, Fidelity, etc. Just have to watch out for any non-trading fees brokerages may charge with a low balance."}
{"_id": "597717", "title": "", "text": "Islamic wedding cards are very popular these days. There are many families that spend lots of money to get the best cards. Many companies have now started their own websites where potential customers can browse the site and pick the cards they want."}
{"_id": "597732", "title": "", "text": "sure sounded like it.  I'm going to guess Hillary is tight with Janet and October's debt ceiling juncture is going herald the start ball buster season (I'm thinking the repubs rubber stamp an increase while the Fed puts all 2+ trillion of roll overs on hold until midterms).  The resulting bond auction failures should be fun to watch.  Remind me how much of the treasury's debt auctions are dedicated to paying just the interest?  First the interest payments stop (technical default), then the principal disappears (actual default).  Could be a bad time to be in bonds, period."}
{"_id": "597742", "title": "", "text": "Activists generally take stakes larger than 2% and have a lot of experience in influencing boards; there's also a self-fulfilling prophecy where successful activists are known to be successful and so, other investors tend to support their suggestions.  Furthermore, activist investors often fail to advance their policies and give up.  In any case, making shareholders happy only matters as far as preventing them from actually putting together a solid proxy challenge -- professional activist investors with solid economic arguments can make a credible threat of that whereas activists with non-economic goals present a much less credible threat.  Additionally, you say the demand is so low but IMO, Trump using Twitter keeps it in the news and prevents it from sliding even further into irrelevance.  I suspect the value of that one account is greater than their whole marketing budget.  Think not just of Trump but of people retweeting, rebutting, arguing, etc -- that whole ecosystem is huge!  I'd imagine that if Trump announced tomorrow that he's no longer using Twitter and instead will post on Facebook or Instagram or whatever, Twitter's stock would slide by 10% at least."}
{"_id": "597803", "title": "", "text": "\"I think the author is really on point here. Just read r/investing or seekingalpha or some other forum with low barriers to entry and you see the same phenomena. People like drama, and there's a convergence towards dramatic opinions and extremes. The scariest part is that while stock valuations are fairly subjective, it is very common to see top reddit comments that are verifiably false, on financial subjects or otherwise.  At some point, I'd really like to take a web scraper to r/investing and see what the relationship between comments on certain companies and their stock performance is. Similarly, it'd be interesting to see if people who are right tend to stick around/people who stick around are more often correct. It'd also be interesting to compare the \"\"reddit consensus\"\" with actual analyst consensus and to see where it differs. It might make a good master's thesis.   On the other hand, I'm not convinced that the traditional punditry is necessarily better. Professionals are generally more articulate and ought to be able to highlight the relevant details in a company or sector. However, the 2 minute segments they have with these professionals on CNBC are basically just noise when compared with hour long analyst calls, and I've never found them particularly useful for extracting more than a very 1000-kilometer high view on a topic that I know nothing about.  I think longer form publications like actual interviews, where the guests are on for a longer period of time, or print articles from WSJ/FT/etc. are still good quality, but even financial media has really been catering to the lowest common denominator with free or televised content.  In any case, I think this really reduces down to an issue of critical thinking. Random internet comments can actually be really insightful, or garbage, but most people can't discern the two. I think the same applies to punditry too, however.\""}
{"_id": "597805", "title": "", "text": "Ya I've heard both opinions on the matter. Let's hope it doesn't hold up. In the meantime I wouldn't agree to their clause, make sure you can 100% be included in that class action lawsuit, bc fuck them."}
{"_id": "597813", "title": "", "text": "Yes this is possible. The most likely tool to use in this case would be a Home Equity Line of Credit (HELOC). This is a line of credit for which the full amount is backed by home equity (difference between market and book prices). Most likely your financial institution will apply a factor to this collateral to account for various risks which will reduce the maximum amount that can be taken as a line of credit. https://en.m.wikipedia.org/wiki/Home_equity_line_of_credit"}
{"_id": "597823", "title": "", "text": "Sure, I understand compassion, and I have compassion for things that matter.  Such as an abused child or an elderly adult.  However, why waste the time and energy on having compassion for an animal that we are simply going to eat in 3 months.    What does it accomplish?  Does it make the food taste better?  No, it only raises the cost of the food."}
{"_id": "597842", "title": "", "text": "Nuestra empresa requiere personas que les guste emprender negocios desde casa, ofrecemos capacitaciones y grandes ingresos por los esfuerzos realizados. Our business applies entrepreneurs with leadership who want to earn extra money from home, offers training and business strategies to expand their enterprise."}
{"_id": "597850", "title": "", "text": "CAPM is a pricing model.  Not a risk model.  &gt; If you're talking about corporate finance where a firm is considering an investment such as a new project, then a determining a WACC and using it as a discount rate for your cash flow is a basic strategy.  Once again... WACC is a pricing model and has nothing to do with risk modeling."}
{"_id": "597865", "title": "", "text": "By earning money, I assume you are being paid a salary [and not allowance] in UK.  For the Financial Year 2013-2014: You are still a tax resident in India. India taxes Global income. Hence your salary from 4th Feb to 31st March, needs to be declared as Income. The tax will be at your total tax brackets. India does have a Double Tax Avoidance Treaty [DTAA] with UK, so you can deduct any taxes you paid on this income and pay balance in India.  Please note that it is not relevant whether you transfer money to India or keep in UK, it does not change the taxability. For the financial Year 2014-2015: Depending on the exact date, you may or may not be a NRI [away for more than 182 days] for tax purposes. If you are an NRI there no tax, else as above para."}
{"_id": "597880", "title": "", "text": "If by being a millionaire you mean dollar millionaire then I doubt that it is really that easy in Pakistani context. At present the exchange rate is 107 Pakistani rupees per US dollar so even with this exchange rate, to have a million US dollars means having 107 million rupees of wealth. Now with this maths in mind you can very well calculate how much possible it is for an average 25 years old Pakistani to have that much wealth. And by the time you have 107 million Pakistani rupees of wealth the exchange rate against the US dollar would have only gone up against Pakistani currency. That article which you have mentioned makes calculations in US context and dollar terms. However if you talk only in terms of your country's context then being a millionaire means having 1 million rupees of wealth and that is something which is quite achievable with your salary and within very short span of time."}
{"_id": "597892", "title": "", "text": "In the current system it would be irresponsible to pay more than they have to but if corporations get to be amoral people they need tighter regulation because what's good for maximizing profits is rarely good for people. If you want to argue that businesses are more important than people then perhaps profits should receive favorable treatment to people but I highly doubt Lincoln was talking about Walmart when he was talking about a government by the people and for the people. There's plenty of businesses out there charging a fair markup for a quality product or service and paying a fair wage. It's not highly profitable but I think we've been watching the race to the bottom by publicly traded companies maximizing quarterly returns at the expense of literally anything and everything else. Something's gotta give.  Also, your argument implies that you're ok subsidizing Walmart's profit margin with your tax money. Their employees are receiving government benefits because Walmart doesn't pay them well enough to afford it on their own. Figure $6B split 190M ways, we (US workers) all gave Walmart a little over $30 each."}
{"_id": "597909", "title": "", "text": "So raise taxes on individuals and eliminate business taxes? The government still has to pay for things eventually. The big thing the US pays for that other countries don't is our massive, most-expensive-in-the-world military, which can take up roughly half our budget, sometimes even more depending on how active we are abroad. That includes paying for current wars, preparing for future wars, and serving the veterans of past wars. We defend other countries through alliances like NATO and bilateral agreements. For that, we need a higher tax rate. We can tax individuals or businesses."}
{"_id": "597929", "title": "", "text": ""}
{"_id": "597933", "title": "", "text": "\"As for PC Mastercard like stated by @nullability, VISA Desjardins list the \"\"Pending Authorizations\"\" almost instantly (the time it's take to get back home) in AccesD (Their Web portal for managing accounts).\""}
{"_id": "597952", "title": "", "text": "I 100% agree with you.  You have to have a really strong bank acquire the shitty bank, the concept is that the strong bank has the capital reserves and loan loss provisions to absorb and write off the bad debt. Hopefully if shit goes right then in 5-6 years you now have written off or restructured the bad loans and have double the assets.   Kinda like how Santander bought Banco Popolare recently. However, I dunno how that's going to work in India as it's a shit bank buying a shit bank. You kinda need the government to step in and recapitalize the banks which is going to suck, IMF says it could cost up to 2% of the country's GDP to do it."}
{"_id": "597958", "title": "", "text": "I went into Sears the other week looking for a tap and die set in their tools section. It looked like a grocery store right before a huge storm was to hit. That is to say that the shelves were nearly entirely empty. I found a set for $100+ which I wasn't going to pay for a single tape and die that I needed. It's no wonder that they are closing stores left and right."}
{"_id": "597992", "title": "", "text": "Everything does, to the Luddite mind.  Bluntly, enhancements are the *only* hope of *ever* reaching a genuinely egalitarian society.  Or at least one that doesn't consist of nothing but dead people, which is the only kind of egalitarian society possible so far."}
{"_id": "598019", "title": "", "text": "Baileys Cleaning Services Ltd provides the best cleaning services in surrey. If you\u2019re looking for professional cleaners then this company is the one-stop shop for all of your requirements. We provide cleaning services for Private and Government buildings &amp; offices, restaurants, Schools, public premises etc."}
{"_id": "598029", "title": "", "text": "Maybe the society will evolved into Wall-E's society where robots take care of everything and human just sit and get fat or more time to spend on creative tasks like creating a Mega-Gozilla!  Why do people always assumed the worst when the trend of automation/technology advance is inevitable."}
{"_id": "598030", "title": "", "text": "In theory, anything can happen, and the world could end tomorrow.  However, with a reasonably sane financial plan you should be able to ride this out. If the government cannot or won't immediately pay its debt in full, the most immediate consequence is that people are going to be unwilling to lend any more money in future, except at very high rates to reflect the high risk of future default.   Presumably the government has got into this state by running a deficit (spending more than they collect in tax) and that is going to have to come to an abrupt end.  That means: higher taxes, public service retrenchments and restrictions of service, perhaps cuts to social benefits, etc. Countries that get into this state typically also have banks that have lent too much money to risky customers.  So you should also expect to see some banks get into trouble, which may mean customers who have money on deposit will have trouble getting it back.  In many cases governments will guarantee deposits, but perhaps only up to a particular ceiling like $100k. It would be very possible to lose everything if you have speculative investments geared by substantial loans.  If you have zero or moderate debt, your net wealth may decrease substantially (50%?) but there should be little prospect of it going to zero. It is possible governments will simply confiscate your property, but I think in a first-world EU country this is fairly unlikely to happen to bank accounts, houses, shares, etc. Typically, a default has led to a fall in the value of the country's currency.  In the eurozone that is more complex because the same currency is used by countries that are doing fairly well, and because there is also turbulence in other major currency regions (JPY, USD and GBP).  In some ways this makes the adjustment harder, because debts can't be inflated down. All of this obviously causes a lot of economic turbulence so you can expect house prices to fall, share prices to gyrate, unemployment to rise.  If you can afford it and come stomach the risk, it may turn out to be a good time to buy assets for the long term.   If you're reasonably young the largest impact on you won't be losing your current savings, but rather the impact on your future job prospects from this adjustment period. You never know, but I don't think the Weimar Republic wheelbarrows-of-banknotes situation is likely to recur; people are at least a bit smarter now and there is an inflation-targeting independent central bank. I think gold can have some room in a portfolio, but now is not the time to make a sudden drastic move into it.  Most middle class people cannot afford to have enough gold to support them for the rest of their life, though they may have enough for a rainy day or to act as a balancing component. So what I would do to cope with this is: be well diversified, be sufficiently conservatively positioned that I would sleep at night, and beyond that just ride it out and try not to worry too much."}
{"_id": "598050", "title": "", "text": "Sure! Obama did such a great job with ObamaCare because he understands better.   So, no chance Trump can do better than him or come with better and more creative solution than Obama or Hillary.  If you did not know, Trump will not design the new plan. Trump and executives do not create plans. Experts and others do the plans based on very general guidelines given to them. Trump and executives just review the plans and ask for any changes they may want. And this whole thing has to be approved by Senate and Congress.  **BOTTOM LINE: after the experience with ACA, and new plan must be better based on lessons learned and real limitations. The whole nation is watching.**"}
{"_id": "598051", "title": "", "text": "Not illegal, its called treasury stock; happens all the time. Its used to increase the equity (and in theory, stock price) for the remaining shareholders.  A public company won't be a able to repurchase all of its shares unless the company has decided to go private. In that case, a person or other entity will usually purchase all of the outstanding shares of the company, usually at a premium."}
{"_id": "598065", "title": "", "text": "\"Plusprinters.com is offering Custom Archive Boxes with following Description.  1. Custom Archive Boxes is a great solution for different things at one place. 2. Custom Archive Boxes is available by Plusprinters.com in very cheap prices. 3. Custom Archive Boxes is provided with No Die and Plate Charges 4. Any Custom Archive Box can be made With Custom Size and Style 5. Our team consists of experienced Designers and we are going to fulfill your printing requirements With Free Design Support. 6. We are offering your Printing With High quality offset printing. 7. Providing Free Worldwide Shipping. 8. We are going to fulfill our clients requirement with Quick Turnaround. 9. We are providing free of Cost Lamination on which Lamination is necessary part of printing. 10.  Your participation in our company  is appreciated.You are aware you are on /r/business, right? Are you aware of how much Walmart pays in taxes? Are you aware that they currently pay more than most other mass retailers? Are you aware of how low Walmart's margins are? A small increase in expenses in a very low margin industry can be devastating. Walmart exists to make a profit, the point of businesses.   I live in western Illinois, and for low skill jobs, Walmart is actually one of the best places to work. Especially the warehouse workers. They pay better than the low end factory work, better than every mom and pop around here, a lot better than Dollar General, and are paying what is in this market a livable wage. Maybe not for a single person trying to support a family of 4 or have a lot of luxuries, but it is livable.&gt; You have the same problem with soybeans (Geraldes Castanheira, 2013), it's a problem with production that affects all agriculture.  You aren't getting it. Animals don't grow out the ground like plants do. You need to grow plants and then feed them to the animals to grow. The very first sentence in the soy article you sent me is The increase in soybean production as a source of protein and oil is being stimulated by the growing demand for livestock feed...\"\". You cannot win an efficiency fight in this, in the same way you cannot win an argument saying it is more efficient to create wine than it is to create grapes.   &gt; The point is that we can double the earth population without running out of food, and then we can add another 40% in the US by simply not throwing away the food, then we can optimize land use, and not all land is suitable for growing crops so we get more food by using it for meat.  Arguing to continue proven damaging behaviours because we can \"\"afford it\"\" is trying to rationalize illogical behaviour, its like saying I can smoke because I'm still young and then when I'm older I can increase my healthy food intake and exercise to offset it.    &gt; An optimized scenario includes meat as not all land is suitable to farming, and you have seafood and wildlife.  An optimized scenario is purely plant based. That land you speak of that is not suitable for farming - it may provide physical space to house the animals, but where is the food the animals need to grow coming from? Don't even get started into ocean depletion and what we've done to that resource. And why move on to wildlife if we have no requirements for meat in the first place?   &gt; At this point being vegan is more like being religious.  This is actually an intriguing statement. From my experience its actually the opposite. I grew up in a religious environment, blindly believed and thought nothing of it until my teenage years when I started to question it and realized it made no sense. Reflecting back, you wonder how you were ever so naive. That is the power (and danger) of being surrounded by people who are all raised the same way and who all act blindly out of custom and tradition. You feel comfortable believing it, because everyone else does, you get positive reinforcement from the group when you defend it, because people want to feel they are right and do not want to confront what it may mean to be wrong.   My change in diet resulted from a similar experience, I'd been raised in a family where a meal wasn't complete unless it had meat in it. I was told in school and by my doctor that I needed milk for strong bones, meat for muscles, and fish for my brain. I'd heard of vegans, thought of them like a cult, or circus freaks because thats what I'd heard. I went to vegetarian restaurant one day with a friend and started a conversation with a vegan family there, they were vibrant and clearly incredibly healthy, they were logical and intelligent, they had 3 kids who had never touched an animal product and in that moment my lifelong belief system started to shatter. Went home and started doing research on living without eating animal products. It became very clear very quickly that it was business, just like religion, I'd been systematically taught to think a certain way, and as long as I kept thinking that way - it was good for the respective businesses.\""}
{"_id": "598083", "title": "", "text": "The Little Glass Robin is an independent  art studio specialising in art and gifts for the home. We believe in quality, good design and above all originality. Bringing together a collection of handcrafted home accessories. We provide unique hand crafted gifts for the home. Orginal art with a shabby chic twist infused with contemporary word art. Check out our unique and personalised gifts, handmade cards and original art. The little glass robin is the perfect one stop shop for all your gift purchasing."}
{"_id": "598111", "title": "", "text": "Valid point that if you only have cliche phrases you're going to be useless, and some of these are pure idiocy, but that doesn't mean that managers should go out of their way to avoid using any cliche ever. Sometimes they're the correct phrase or idea for a particular situation."}
{"_id": "598112", "title": "", "text": "Fundamentally, there are two differences between traditional and Roth: 1)  With traditional you pay the tax rate that's in effect when you draw it out, with Roth you pay the tax rate when you put it in.  Assuming the same tax rate this is a wash. 2)  As a Roth contains after-tax money this lets you put more in than you could with a traditional.  This is only a benefit if you are in a financial position to put more in, though.  If you can't come fairly close to maxing your contribution this gains you nothing."}
{"_id": "598122", "title": "", "text": "\"Maybe he is now - I saw his site probably 7 years ago.  The reason I don't take the critic seriously is because it seems that he has a personal vendetta against Kiyo for whatever reason. I'm guessing he has a chip on his shoulder because he disagrees with some of Kiyo's advice, and is pissed off at how much success it brought him. As such, all of his information is extremely negatively biased. It's difficult to separate the facts from everything else. Hence, he is not a reliable source. A reliable and trustworthy source is not biased, and lays out all the facts, good and bad, so that you can create your own opinion.  I take RDPD seriously (mind you, it'd been 10+ years since I've read it) because the advice is overwhelmingly good and positive. Even if a small percentage I disagree with, overall it's still a very good book. I always say: RDPD =&gt; Millionaire Mind =&gt; Think &amp; Grow Rich + Greatest Salesman in the World (the last 2 at the same time).  I politely disagree that the \"\"opening the mind\"\" thing is overestimated, because by definition it's not something that you can overestimate. It is everything, and nothing is more important. The mind is the source of all the money, all your happiness, all your misery. Unless you first get your mind right, it will be impossible for you to become rich (barring some extremely lucky event, such as winning a lottery or getting inheritance). This is why the majority of people who win lotteries go broke - even if the money falls on your lap, unless your mind is ready for it, off it goes again! \"\"Opening the mind\"\" as you put it is really the first step - it's what makes everything else possible. So you're damn right that it's worth feeling elated about. :)\""}
{"_id": "598128", "title": "", "text": "\"Is there a reason the author is so \"\"anti-Amazon?\"\" Amazon is not a monopoly as the author states incorrectly several times in the article.  It sounds like he is just upset with Amazon for making a very smart business move, and getting into e-books early in the game.\""}
{"_id": "598134", "title": "", "text": "If this is not all the proof you need that Fannie and Freddie need to be shut down completely, then nothing will ever convince you.  Have a TAX PAYER FUNDED entity buying shitty loans from corporate mega banks thereby making money for the banks at the expense of the people who work 9 to 5's paying taxes. Even if you're the most mega left person on /r/politics, if you can support Freddie and Fannie then I just want to cry. :(  130 billion in aid to both of those firms, all our tax payer money, money that could have paid for health care, better schools, roads, NASA, etc, but instead, it all went to the big banks.   Why would anyone want to support that? Because a few low income families might get a house? Why can't those people rent instead? Why can't they live within their means like most of us do?   :("}
{"_id": "598143", "title": "", "text": "I guess you are making quite a bit of assumptions without clarifying what you are trying to achieve. As a non-resident you cannot incorporate a sole proprietorship in Singapore. You have to be citizen. Alternatively you can register a company that has its own norms like minimum number of directors and some being Singapore national, etc. As you are paying dividend and not salary to yourself, the company will be required to pay taxes on gains. So all consulting money is gain as there is no expense. The balance when you transfer to Spain would potentially get taxed as income to you subject to DTAA"}
{"_id": "598159", "title": "", "text": "First off, I'm very sorry for your loss.  Depending on when the money comes in I would park it and give it some time.  After that, one of the best investments is paying off debt.  Right now your net worth is less than 30K and that is really not even accessible until retirement.  If the money is there to pay off the house I would do that.  If there isn't enough to pay off the house then I would pay off the automobile and put all or a sizable portion of the remainder into the house.  Now you have very little risk in your life and most likely much more monthly income to invest in 401K, IRAs, college funds or any other investment. Life insurance is mostly to replace your income if there are people counting on that income (spouse, kids, etc).  Normally this would be invested to hopefully replace that income with the growth of the money.  In your case it doesn't sound like you were relying on your father's income, so this can go to clean up current debt. Finally, depending on your relationship, what kind of person your father was and how he was with financials, what do you think he would want you to do with it?"}
{"_id": "598161", "title": "", "text": "Let's say they paid you: $300K a year or $3M...would that change your tune?   I've seen the upper end of Hollywood types be absolutely horrid to great people and they will gladly suck it up.  Reason: 1) there is little choice--low percentage of success, 2) All or nothing environment and 3) there is a huge line of people who would kill to have this abusive job."}
{"_id": "598168", "title": "", "text": "The only mistake she made was attaching a timeframe to her call. the muni market is structurally flawed and is in severe danger. However the dominos haven't fallen quite like she expected and thus was very wrong on her date. I still think she'll be proven correct, it may just come off more as a slow motion collapse as opposed to the sudden spike she called for."}
{"_id": "598177", "title": "", "text": "sorry I disagree, they buy government bonds currently held by private banks (who hold them for account holders), this increased demand for government bonds means that the yield on them decreases, this means the government can then borrow at a lower rate (providing the QE isn't offset by a fall in private demand for bonds as they may be seen as unrewarding in terms of the risk taken), private investors will then turn to other investments offering a greater return, this will then increase the capital stock available and expand output, thus increasing employment"}
{"_id": "598184", "title": "", "text": "Let's use an example: You buy 10 machines for 100k, and those machines produce products sold for a total of 10k/year in profit (ignoring labor/electricity/sales costs etc). If the typical investor requires a rate of return of 10% on this business, your company would be worth 100k.  In investing terms, you would have a PE ratio of 10.  The immediately-required return will be lower if substantially greater returns are expected in the future (expected growth), and the immediately required return will be higher if your business is expected to shrink. If at the end of the year you take your 10k and purchase another machine, your valuation will rise to 110k, because you can now produce 11k in earnings per year.  If your business has issued 10,000 shares, your share price will rise from $10 to $11.  Note that you did not just put cash in the bank, and that you now have a higher share price. At the end of year 2, with 11 machines, lets imagine that customer demand has fallen and you are forced to cut prices.  You somehow produce only 10k in profit, instead of the anticipated 11k.  Investors believe this 10k in annual profit will continue into the forseable future.  The investor who requires 10% return would then only value your company at 100k, and your share price would fall back from $11 to $10.  If your earnings had fallen even further to 9k, they might value you at 90k (9k/0.1=$90k).  You still have the same machines, but the market has changed in a way that make those machines less valuable. If you've gone from earning 10k in year one with 10 machines to 9k in year two with 11 machines, an investor might assume you'll make even less in year three, potentially only 8k, so the value of your company might even fall to 80k or lower.  Once it is assumed that your earnings will continue to shrink, an investor might value your business based on a higher required rate of return (e.g. maybe 20% instead of 10%), which would cause your share price to fall even further."}
{"_id": "598203", "title": "", "text": "Exactly, the only reason for the US to default is if Congress voluntarily does so. I don't think they are self destructive enough to do it tho, it's okay if it happens with the Dems in power, but the current Congress wouldn't want to have that on their backs. Hopefully at least."}
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{"_id": "598227", "title": "", "text": "You may get some advice here, but you REALLY need to talk to a tax adviser who is familiar with the laws of both states, or possible two, one from each state.  There is a significant amount of money on the line here, not just tax but penalties and interest if you get this wrong.  Once you get it figured out, you probably will be able to take care of it yourself in the future, but make sure that it gets done right initially."}
{"_id": "598238", "title": "", "text": "\"In an attempt to express this complicated fact in lay terms I shall focus exclusively on the most influential factor effecting the seemingly bizarre outcome you have noted, where the price chart of VIX ETFs indicates upwards of a 99% decrease since inception. Other factors include transaction costs and management fees.  Some VIX ETFs also provide leveraged returns, describing themselves as \"\"two times VIX\"\" or \"\"three times VIX\"\", etc. Regarding the claim that volatility averages out over time, this is supported by your own chart of the spot VIX index. EDIT It should be noted that (almost) nobody holds VIX ETFs for anything more than a day or two.  This will miminise the effects described above.  Typical daily volumes of VIX ETFs are in excess of 100% of shares outstanding.  In very volatile markets, daily volumes will often exceed 400% of shares outstanding indicating an overwhelming amount of day trading.\""}
{"_id": "598241", "title": "", "text": "To fairly compare a comp-only job to a job that offers insurance, get a quote for health insurance. Call your local insurance broker and find out what it would cost. Because if you aren't getting insurance from your employer, you'll have to get it elsewhere. If you get a quote on an HSA, don't forget to add in the annual deductible as part of the cost. On the ESPP, I'd count it as zero. The rationale being that so much of your financial status is tied to your employer that you don't really want to tie up too much more in company stock. (I.e. Company hits hard times, stock tanks, and then they lay you off. Double whammy -- both your assets and income.) But given that I've only been employed by companies that no longer exist in their original form, my perspective may be warped."}
{"_id": "598272", "title": "", "text": "An emergency fund is your money, sitting in a bank, that you can use for emergency purposes. A line of credit is somebody else's money, that they've provisionally promised to let you borrow.  But they can change their mind at any time."}
{"_id": "598275", "title": "", "text": "Go to http://www.isincodes.net/, and enter your data. For example entering Alphabet gives you the ISIN US02079K1079 (for standard US shares). If you want to understand the number format (and build them yourself), check wikipedia: https://en.wikipedia.org/wiki/International_Securities_Identification_Number"}
{"_id": "598289", "title": "", "text": "\"I expect CEOs to manage and lead (mostly the latter since there are COOs and the like for process). What pisses me off isn't when CEOs are slightly computer literate but when they can't delegate. Obviously, I'm not talking about Fortune 500 companies, but smaller SMBs can still have CEOs. Actually, I hate managers that don't actually manage, but rather like \"\"making decisions\"\" because they are too insecure to trust somebody's opinion.  Every manager from CEO to PM should read this if they manage techies - http://www.computerworld.com/s/article/print/9137708/Opinion_The_unspoken_truth_about_managing_geeks?taxonomyName=Management&amp;taxonomyId=14\""}
{"_id": "598295", "title": "", "text": "Apart from making money from the price difference, some stocks also give dividends, or bonus issues. For long term investors whom are looking for steady income, they may be more interested with the dividend pay-out instead of the capital-appreciation."}
{"_id": "598313", "title": "", "text": "You should look into the Income Contingent Repayment and Income Sensitive Repayment plans to see which one you may qualify for.  Another possibility would be to start taking courses part time at another college so that you can qualify for a deferment. I'm not sure that you can qualify for a deferment if you are currently in default.  I've found that negotiating did not work in my case, as the collectors' BATNA would result in them getting more money if they refused to negotiate. I also found that every time the student loans went into default, 30% was added to the balance in fees."}
{"_id": "598322", "title": "", "text": "Well, if you are going long on a future option, you would not have to risk as much capital. I am interested in commodities, but I want to trade it more conservatively. But I do want to learn about them before I dive in, just so there are no surprises."}
{"_id": "598332", "title": "", "text": "If it was me, I would withdraw money from savings and be debt free today.  I would then pour the $500 into building back your savings.  Then of course, never again carry a balance on your CC. At your age MSFRX is a losing game.  You can handle the volatility of better performing funds, I would have zero in there.   If it was me, I would do something totally different then you are doing: Keep in mind you are doing very good as is.  The best way to win with money is to make good moves overtime, and given your debt level, savings, and willingness to contribute to a 401K your moves are pretty darn good.   Keep in mind you will probably want to start saving a down payment for a house.  This should be done outside of your 401K. Overall good work!"}
{"_id": "598337", "title": "", "text": "What kind of card are you applying for?  My first card was a bank of america card.  I was a back of america customer. I tired getting nicer reward cards,  but I got rejected fit those.  Now they don't stop sending me junk mail."}
{"_id": "598345", "title": "", "text": "What should also be clear to you, is that the taliban control over 50% of Afghanistan and you don't even control Kabul  What should be even clearer to you, is that the Taliban don't need to go anywhere when they control of 50% of Afghanistan and you don't even control Kabul  What should painfully clear to you is that the Taliban control over 50% of Afghanistan and you don't even control Kabul, there fore you got your ass kicked by 2 Goats and a sheep turd  Resign you incompetent asshole"}
{"_id": "598356", "title": "", "text": "\"It depends.  \"\"High net worth individuals\"\" is very subjective.   Lets say a person is worth 1.5 million.  High, but not super high.  For one, they should have an umbrella policy.  Until your net worth is above 300K, you really don't need an umbrella policy.  They should insure their home and cars, but should probably have high deductibles.  Health insurance is a must as a bad illness can wipe them out.  They should have long term care insurance when they reach age 60.   Now lets say a person is worth about 10 million.  They might be able to self insure basic transportation and probably don't need long term care insurance.  However, they may choose to carry the full coverage car insurance, or other lines, because it is a value.   In conclusion insurance needs change based on a person's net worth and income.  It is very hard to make a blanket statement without details of the makeup of one's net worth and how they earn their income. Having said all of that, a high net worth (HNW) individual may never be able to drop certain coverage.  Lets say that a HNW owns a 50K condo, 1K square foot condo.  Given that the outside structure is covered by the HOA the insurance on such a unit only covers the contents and liability.  The contents could easily be floated by the HNW individual, but not the liability.  It is probably a requirement, on their umbrella policy, that they carry the maximum liability protection on their vehicles and properties.  In the case above they would carry a policy for the purposes of liability protection. This could also be true of their dependents.  Say for example, their adult child receives some financial assistance from their parents (like college being paid for).  The HNW individuals should have their child cover the maximum liability on the auto policy. According to this site:  A person with a net worth of 1.5 million would be in the 90-95 percentile, a person with 10 million in the 99th. This article does a decent job of describing what constitutes a HNW person or household.  Namely 1 million in investable assets, which is of course a bit different then net worth.\""}
{"_id": "598360", "title": "", "text": "This thread has been linked to from elsewhere on reddit.    - [/r/legal] [Employment Release Letter to okay looking for another job by current employer \\[x post /r/business\\]](http://np.reddit.com/r/legal/comments/2e30xt/employment_release_letter_to_okay_looking_for/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"_id": "598378", "title": "", "text": "\"For 401(k) and regular IRA, you pay income tax on withdrawals from the account. At a certain age, there is a \"\"required minimum distribution\"\". This is an amount you must withdraw from the account or you face penalties. I've also read about, but am not familiar with, mechanisms by which you can retire early and start taking withdrawals before the regular official retirement age. (These may or may not be legit, I didn't do any research on it.) A Roth IRA, which is not \"\"tax deferred\"\" and thus not technically covered by your question, there is no tax on withdrawals (assuming you are at retirement age) and no required minimum distribution. Something to watch out for on your accounts are fees that they charge for withdrawals. I was in a 401(k) once that had a $50 fee per-withdrawal. A monthly check from this account would eat your money! I paid the fee once, when I rolled it into an account at a brokerage after leaving the company.\""}
{"_id": "598414", "title": "", "text": "\"Verbal agreements are not legally binding. Unless you have signed a new lease agreement, you are not obligated to continue renting the property - you are free to go.  On the other hand, if you really like the place and want to stay, you should sign another lease agreement. This agreement will be binding on whomever owns the home - whether it is your current landlord, a bank or a new purchaser.  But, if you go this route, make sure that there is not a clause that says the lease agreement is void upon foreclosure (or something similar). This is a standard clause in lease agreements allowing the bank to cancel the lease. Another option, if you really like the house is to offer to buy the property. If the property is being foreclosed on, you could suggest buying on a short sale. Here is a link to an article I wrote entitled \"\"Buy Instead of Rent: A Recovering Real Estate Market\"\" that discusses the benefits of buying rather than renting.\""}
{"_id": "598419", "title": "", "text": "Context clues hun. I was talking about if you go to Chilis and swipe your card for $20 and leave a $5 tip the processing amount the bank takes into account when telling you your available balance is much more likely to be $23 than $25. So the bank knows I went to Chilis the second I swipe my card, but doesnt know the exact amount. I was saying a lot of people dont understand that. They see they spent X at Chilis (processing) and assume it to be fact. I don't understand why you're having such a difficult time with this concept.   Also comparing swiping a debit card as credit to writing a check (in terms of when they show up on your account) is a terrible comparison. When a check goes through the accurate balance is taken out all at once a few days later, but when you swipe a debit card as credit a tentative balance is taken out immediately and adjusted to the actual balance when it settles.   And calling me ignorant because I don't need the help writing down where my money is at or goes is pretty ironic."}
{"_id": "598428", "title": "", "text": "\"Paypal forbids using their credit card service to \"\"give yourself a cash advance or help others to do so\"\". For small ammounts you may get away with it but pushing $10K through a PayPal account is going to raise red flags. In the USA it seems that some cards allow balance transfers from other types of loan while others are restricted to credit cards only. So that is a possibility. Another option can be to find a card with a good deal on purchases. Then move your regular purchases to the card and use the money you would normally have spent on purchases to pay off the other loan. Remember credit cards can be either a very cheap way to borrow or a very expensive way. Which one they are depends on how good you are at negotiating the traps they set up for you. If you do use a credit card deal make sure you  Is it overall a viable option? That depends on the details which are not specified in your hypothetical scenario incluing the persons credit rating , what the interest is like on the existing loan and what the expected time to repay the debt is.\""}
{"_id": "598440", "title": "", "text": "Overall I think your idea is sound. The key here is to  choose that 401k provider wisely and have a specific asset allocation plan (like Joe mentioned) Summary of this approach: Pluses:  Minuses: I'd consider Vanguard for simple, no frills investing. If you're looking to get into choosing stocks, check out the Motley Fool."}
{"_id": "598447", "title": "", "text": "Kraemer &amp; Kraemer is well perfect in the complexities of international commercial and financial practices. We provide legal solutions to key corporate clients. We are the well-versed Law firm in Panama. Our capability stretches across various jurisdictions. Our staff is young professionals who are very dynamic and have a with a high sense of responsibility and ethics that provide his best service."}
{"_id": "598448", "title": "", "text": "So you think people should be *forced* to serve coffee, rent apartments, issue credit cards, or sell stuff to neo-nazis?  I think disenfranchising a neo-nazi is more likely to help change their mind than trying to silence them, or convict them of thought crimes."}
{"_id": "598460", "title": "", "text": "Did you read what I wrote? I sold some stock for a gain, that's a taxable event.  Are you trying to say I just shouldn't have sold it? Do you understand investing at all?   And the second point is moot, I still had to pay the tax, having write offs doesn't change the fact that my taxes were higher(more importantly that they would have been much higher if I couldn't take advantage of capital gains.)"}
{"_id": "598465", "title": "", "text": "\"Yes, except many, many Icelanders still owe debt on assets they purchased in krona (the Icelandic dollar) before it collapsed.  Now many are stuck with homes, vehicles, etc. on which they owe twice the underlying value.  You'll often see this referred to as \"\"private debt overhang\"\" in financial news articles, and it is not reported on nearly enough.  Just letting the banks fail doesn't unwind all of the ridiculous currency speculation that took place in Iceland.  They may be on their way to recovery...eventually...but they're still in terrible shape in the short term.\""}
{"_id": "598478", "title": "", "text": "\"I up voted JoeTaxpayer but i would like add a couple of things. Dollar Cost averaging over a 5 day period is in no way practical.  If you get a 1% swing in that time that would be quite a lot. Personally I think 5 years is way to long.  When markets go down they go down fast. I would suggest 1 to 2 years investing quarterly.   I would hate seeing you miss out on market gains for a 5 year period on the last of your money. The whole point of Dollar Cost averaging instead of market timing is the mantra \"\"Its about time in the market not timing the market\"\"  So if you have money on the sidelines for years you are missing out on your time in the market.\""}
{"_id": "598484", "title": "", "text": "\"I hate to be the guy that says this but if you are indeed competing in the CFAI Research Challenge it is probably important. Remember you cannot use CFA as a noun (CFA's) you can only use it as an adjective ie a CFA charterholder.  As far as you question, what was provided below is pretty much all you need. Security Analysis, anything from the NYU professor and Greenwald stuff (although Greenwald, like someone already mentioned, is balance sheet focused) will get you where you need to go.  I am not sure what you mean by \"\"exotic valuation\"\" methods. As far as I know, the three most accepted and used valuation models by practitioners are the DCF model, the multiple model and the residual income model.  DCF uses short term cash flows and a terminal value discounted to today at some discount rate. The multiple model puts some multiple on earnings, book value, cash flow to arrive at a fair value. The residual model is the opposite of the DCF. One starts with the assets book value, then accrues all income generated in excess of WACC from all future periods.  Find some CFAI Level 2 books on equity and bond valuation. They pretty much cover it all.  And for a closing note, to perform well in investing and valuing companies it is not about what valuation model you use. Focus on WHY an asset should be worth what you think it is worth, not HOW you get to some valuation of that asset. Just my two cents.\""}
{"_id": "598500", "title": "", "text": "We did it where I used to work. Take IT, as an example, where a developer's time was priced close the market prices. The company, though in a completely unrelated area, did have some conference rooms that could be rented and the price was the same internally externally.  The good things about the system was that costs where adequately accounted for. Also, departments that might have been only cost centres actually could turn a profit by servicing internal customers."}
{"_id": "598502", "title": "", "text": "Right so let's get rid of the civil rights act and go back to segregated diners. The realities of a capitalist society are more nuanced than the ownership ideology you espouse. If property rights were defended with this much vigor, then the tyranny of government would swiftly be replaced by the tyranny of the plutocrats. We live in a better world because those who provide services to the public are required to treat the public with fairness. Life, liberty and the pursuit of happiness and all that. These concepts are also a part of the constitution."}
{"_id": "598507", "title": "", "text": "Very appropriate use of the quotations. this isn't a solution. this is akin to a doctor to negligent to do their job to save a patient and putting them on life support hoping to keep them going as long as possible to hide their incompetence before the shit hits the fan. Only a fool would think they could keep the patient alive forever."}
{"_id": "598520", "title": "", "text": "&gt; It's as if capitalism has a natural tendency to make the strong even stronger and lead to monopolies that eventually screw the public! &gt;   Slow down there Marx, even in this example people are getting goods cheaply and more conveniently. It's hard to find examples of large businesses that actually end up making their customers worse off by beating off all competitors with low prices then raising prices after."}
{"_id": "598526", "title": "", "text": "&gt; Water is \u2014 I mean we\u2019d be willing to pay almost anything for water, but it\u2019s really, really cheap  Because price has nothing to do with how much need it and everything to do with how scarce it is.  Water is needed 100% by all humans every day of their life but it's abundant.  The price reflects the abundance."}
{"_id": "598531", "title": "", "text": "I realised this pretty brutally this year. I hit six figures and was like, wait, what, why isn't life just cruise control rich mode now? Oooooooh, I need to do other stuff as well, fuck, I wasn't prepared for this. It's good now though :)"}
{"_id": "598547", "title": "", "text": "does your sister agree to sell her share of the house?  Will you live in the house or rent it out?  In Australia if you rent out the house you can claim on expenses such as interest deductions, advertising cost, advertising to get tenants in, maintenance cost, water & sewerage supply charge, Land tax, stamp duty, council rates.  A percentage of these expenses can be used to reduce your gross income and therefore reduces your tax liability (called negative gearing).  Not sure how other countries handle investment properties. If you plan to live in the house and not rent it out and you have spare cash to buy outright then do so.  You don't want to be in debt to the bank"}
{"_id": "598553", "title": "", "text": "The payments might be on time, but the aren't made the same numbers of days apart: The percentage of the daily payment for interest is decreasing, but the numbers of days wasn't constant."}
{"_id": "598559", "title": "", "text": "Hey i work in the finance sector at management level. For the role you are applying for time management is a must, make sure you have some well prepped solid examples to go through. Same with stakeholder management, try to think of examples where you've had to influence the opinion of others.  Has the firm given you a structured answer format to follow? If not i would recommend you follow the STAR format for each question as its easy to pick up... Situation, Task, Action &amp; Result... Try to throw in what you learnt from each experience too.  Remember to take have some questions ready that you would like to know about the role or company... Questions like 'what would success look like in this role' are always good.  Good luck! Got to go for food right now but feel free to contact me if u need any advice"}
{"_id": "598562", "title": "", "text": "\"Debt cripples you, it weighs you down and keeps you from living your life the way you want.  Debt prevents you from accomplishing your goals, limits your ability to \"\"Do\"\" what you want, \"\"Have\"\" what you want, and \"\"Be\"\" who you want to be, it constricts your opportunities, and constrains your charity. As you said,  Graduated in May from school.  Student loans are coming due here in January.  Bought a new car recently. The added monthly expenses have me concerned that I am budgeting my money correctly. Awesome! Congratulations.  You need to develop a plan to repay the student loans.  Buying a (new) car before you have planned you budget may have been premature. I currently am spending around 45-50% of my monthly (net)income to cover all   my expenses and living. The left over is pretty discretionary, but things   like eating dinner outside the house and expenses that are abnormal would   come out of this.  My question is what percentage is a safe amount to be   committing to expenses on a monthly basis? Great!  Plan 40-50% for essentials, and decide to spend under 20-30% for lifestyle.  Be frugal here and you could allocate 30-40% for financial priorities. Budget - create a budget divided into three broad categories, control your spending and your life. Goals - a Goal is a dream with a plan. Organize your goals into specific items with timelines, and steps to progress to your goals. You should have three classes of goals, what you want to \"\"Have\"\", what you want to \"\"Do\"\", and who you want to \"\"Be\"\"; Ask yourself, what is important to you. Then establish a timeline to achieve each goal.  You should place specific goals or steps into three time blocks, Near (under 3-6 months), medium (under 12 months), and Long (under 24 months).  It is ok to have longer term plans, but establish steps to get to those goals, and place those steps under one of these three timeframes. Example, Good advice I have heard includes keeping housing costs under 25%, keeping vehicle costs under 10%, and paying off debt quickly.  Some advise 10-20% for financial priorities, but I prefer 30-40%.  If you put 10% toward retirement (for now), save 10-20%, and pay 10-20% toward debt, you should make good progress on your student loans.\""}
{"_id": "598596", "title": "", "text": "In most jurisdictions, you want to split the transactions. Why? Because you want to report capital gains on your investment income, and this will almost always be taxed at a lower rate than employment income. See Wikipedia's article for more information about capital gains. In Canada, you pay tax on 50% of your realized capital gains. There are also ways to shelter your gains from tax; in Canada, TFSA, in the US, I believe these are 'roth' accounts. I actually think you have to split the transactions, at least in Canada and the U.S., though I'm not absolutely sure. Regardless, you want to do so if you plan on making money with your investments. If you plan on making a loss, please contact me as I'm happy to accept the money you are planning on throwing away."}
{"_id": "598607", "title": "", "text": "So I want to sell my 100 shares of AAPL to him at a price of 10 or   even 1 US Dollar. Is that legal/allowed? Of course. It's your stocks - do with it what you want. if the two persons are not served by a same broker. You'll have to talk to your broker about the technicalities of the transaction. if the person who sell are US citizen and the person who buy are not, and and vice-versa Since you asked specifically about US citizenship, I'll assume you're in the US or the transaction is taking place in the US. Citizenship has nothing to do with it (except may be for economic sanctions against Russians or Iranians that may come into play). What is important is the tax residency status. Such a transfer is essentially a gift, and if you're a US tax resident (which doesn't correlate to your immigration status necessarily) - you'll have to deal with the gift tax consequences on the discount value. For example - you have 100 shares of AAPL which you sold to your friend for $1 each when the fair market value (FMV) was $501. So essentially, the friend got $50,100 value for $100. I.e.: $50K gift. Since this amount is above the annual $14K exemption - you'll have to deal with the gift tax and file gift tax return. There are also consequences for the capital gains tax for both you and your friend. I suggest you talk to a licensed tax adviser (EA/CPA licensed in your State) about the specifics given your circumstances. If you (or the recipient) are also a foreign citizen/tax resident - then that country's laws also may affect your situation."}
{"_id": "598610", "title": "", "text": "\"No, they are outselling select models than competitors who have a much broader product range. Each of those sells many times more cars than Tesla and here's a newsflash, they don't make their bread and butter selling the high end cars. Get back to me with total numbers of cars sold and a real market share figure. If the Model 3 outsells the entire range of 3-series cars or A4s, let me know. For the record, BMW sold nearly 150,000 3-series cars last year, and delivered over 2.4 *Million* cars worldwide last year. Tesla, across all models they offer sold less than half of JUST 3-series sales.  I don't know if you need a banana for scale or what but Tesla is hardly even a blip on the radar when it comes to market share, period. And no, you cannot compare their Model S to ONE model that anyone else offers, or \"\"COMBINEDZOMG!\"\", that's cherry picking and utterly useless data.\""}
{"_id": "598618", "title": "", "text": "\"Here's what a US \"\"free trade\"\" agreement looks like to any foreign nation  1) You must buy our very expensive drugs   2) You must allow all our products in without tariffs    3) You must adopt our fucked up copyright laws     4) Fuck You.\""}
{"_id": "598627", "title": "", "text": "Well a) some people aren't in an area where broadband is even offered and b) if all you want is email, instead of giving your cable company $50 a month, giving AOL $21 a month is a better deal.  That said, it's probably also true that a huge percentage of their users are still there through inertia or the misguided assumption that they'll lose their aol.com address."}
{"_id": "598646", "title": "", "text": "\"From Intuit: \"\"Yes, but there are limits. Losses on your investments are first used to offset capital gains of the same type. So short-term losses are first deducted against short-term gains, and long-term losses are deducted against long-term gains. Net losses of either type can then be deducted against the other kind of gain.\"\" \"\"If you have an overall net capital loss for the year, you can deduct up to $3,000 of that loss against other kinds of income, including your salary, for example, and interest income. Any excess net capital loss can be carried over to subsequent years to be deducted against capital gains and against up to $3,000 of other kinds of income.\"\" So in your case, take the loss now if you have short term gains.  Also take it if you want to take a deduction on your salary (but this maxes at 3k, but you can keep using an additional 3k each year into the future until its all used up). There isn't really an advantage to a long term loss right now (since long term rates are LOWER than short term rates).\""}
{"_id": "598680", "title": "", "text": "You can trade currency ETF options on IB. It is SIPC insured; the options are just like vanilla options in Saxo."}
{"_id": "598705", "title": "", "text": "this will not work, why they fuck they are slow to act? are they waiting for something while robbing everyone blind... just go to a rich guy and take his stuff he will never share, never. he will lie and cheat like mr gates here."}
{"_id": "598706", "title": "", "text": "Is there some evidence in the article or elsewhere that the purpose is to kill off these competitors rather than simply to compete?  Competition is normally considered good in these kinds of situations, as it cranks out better efficiencies (for which an argument can be made here), but taking actions specifically for the purpose of killing off competition is not good because it reduces the pressures on efficiencies.  Killing off competition by artificially lowering prices below real market value is considered dumping, but I don't really see evidence of that in the article. Is there some hidden somewhere or is the article just trying to make a point without any basis?  I do have concerns about the Amazon play, but sensationalist or bias-driven reporting won't help me puzzle through them."}
{"_id": "598737", "title": "", "text": "Economic cycles are highly predictable, but it takes many years of study, and there are many variables involved. Obviously, upon examination of the historical returns of the market, being only half correct about buying near bottoms and selling near tops is more profitable and less variant than buy & hold. If you've spent many decades on this Earth and are honest with yourself, you can sense the various times.  Try now: are we closer to the top or the bottom?  It should be obvious."}
{"_id": "598764", "title": "", "text": "I know that assets like bonds have prices that have an inverse relationship with interest rates, but what other assets do as well? I'm a bit new to finance and all that so I'm trying to learn. Would real estate prices be high as well? If so, why?"}
{"_id": "598779", "title": "", "text": "But the article doesn't say you go to these people's homes to purchase the stuff. I assume they bring items to fairs, markets, etc. You never know if cats are on counters or their children are sick and sneezing on everything. It is much easier to send a sick worker home from a business, but you can't really do that when your business is in your home."}
{"_id": "598789", "title": "", "text": "Waterkoelers zijn verkrijgbaar in veel maten en zijn zeer gebruikelijk in pauzes op de werkplek. Het kopen van een waterkoeler voor thuis of op kantoor kan een breed scala aan voordelen bieden. We weten allemaal dat hydratatie belangrijk is en veel mensen geloven dat water de beste en meest natuurlijke manier is om goede gezondheid te behouden."}
{"_id": "598801", "title": "", "text": "\"1$?  No, my SSN is worth way more than that. I've gotten a \"\"our system has been hacked, your info might be compromised, here's one year protection\"\" letter 3 times in my life from 3 companies. I'm so thankful I'm lucky I wasn't someone who's info was used for nefarious deeds.  Having personal info like this stolen should have a much more sever penalty.   Try $1,343 per person's info stolen, as that is the average cost to an individual who is a victim of identity theft [as determined by the DOJ in 2014](https://www.csid.com/2016/09/real-cost-identity-theft/).  You lose 143 million people's info to hackers, you bet your ass it's going to cost you. It will cost you $192,049,000,000  Since that would destroy most companies, and identity theft destroys individuals, having the average cost as a penalty would make companies think twice about skipping out on solid infrastructure and protection for their user's data.  I'm currently coding an application with a database that takes user login credentials (including passwords). You bet your ass I'm making sure this ship is secure before I let anyone use it.\""}
{"_id": "598802", "title": "", "text": "\"I sort of do this with credit cards. I actually have 4 AMEX cards that I've accumulated over the years. Certain types of expenses go on each card (\"\"General expenses\"\", recurring bills, car-related and business-related) I use AMEX because they have pretty rich iPhone/Android applications to access your accounts and a rich set of alerts. So if we exceed our budget for gas, we get an email about it. Do whatever works for you, but you need to avoid the temptation to over-complicate.\""}
{"_id": "598807", "title": "", "text": "Pros: Cons: Before the housing bubble the conventional wisdom was to buy as much home as you could afford, thereby borrowing as much you can afford.  Because variable rates lead to lower mortgages, they were preferred by many as you could buy more house.   This of course lead to many people losing their home and many thousands of dollars. A bubble is not necessary to trigger a chain of events that can lead to loss of a home.  If an interest only borrower is late on a payment, this often triggers a rate increase.  Couple that with some other things that can happen negatively, and you are up $hit's creek. IMO it is not wise."}
{"_id": "598834", "title": "", "text": "\"There are two different issues at play here, and they are completely separate from each other: A bank or cashier's check is \"\"safer\"\" than a regular personal or business check because it avoids problem #1. Problem #2 exists with all kinds of paper checks. I assume the reason the warnings are about cashier's check moreso than personal checks, is simply because people already know to wait for personal checks to clear before handing over merchandise to the buyer. People are less likely to do that when receiving cashier's checks, but perhaps they still should if there is any doubt about the validity of the check. One could argue that a cashier's check actually provides a false sense of security due to this (to the receiver). On the flip side, if you are the payer, then a cashier's check could be thought of as more secure than a personal check because you don't have to reveal your bank account information to a stranger.\""}
{"_id": "598841", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-06-21/the-wrong-kind-of-entrepreneurs-flourish-in-america) reduced by 91%. (I'm a bot) ***** &gt; In an influential 2014 paper, Thomas Philippon speculated that financial industry profits and salaries rose spectacularly since 1980 because banks, securities firms and fund-management companies found new methods for extracting rent.  &gt; Big companies are shelling out increasingly big bucks for patents, just to shield them against competitors&amp;#039; lawsuits.  &gt; Some states forbid car companies from selling directly to buyers, while others protect credit-card companies by banning retailers from passing on swipe fees.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6itbxk/the_wrong_kind_of_entrepreneurs_flourish_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~150176 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **company**^#1 **Rent**^#2 **big**^#3 **new**^#4 **government**^#5\""}
{"_id": "598855", "title": "", "text": "One more effect that's not yet been mentioned is that companies based in Australia and listed on the Australian Securities Exchange, but which do most of their business overseas, will increase their earnings in AU$, since most of what they earn will be in foreign currencies. So their shares are likely to appreciate (in AU$)."}
{"_id": "598876", "title": "", "text": "\"In this context, we're talking about terms of art in accounting, specifically double-entry book-keeping. In accounting lingo, an \"\"asset\"\" account represents an actual asset and it's value. So if you buy a car with a loan for $10,000, you apply a $10,000 debit to the asset account and a $10,000 credit to the loan. Debits and credits are confusing when you first start learning about accounting.\""}
{"_id": "598894", "title": "", "text": "&gt; Does it take money to provide for me in the same way a slave owner takes labor to pay for and feed his slaves?  No because a slave does not get to vote on his/her owner nor is he/she allowed to leave.  So, are you going to answer [my question about how multiple providers of services currently handled by the government could work](https://www.reddit.com/r/economy/comments/6leb2o/missouri_republicans_lower_st_louis_minimum_wage/djurery/) or do you plan to keep evading the question?"}
{"_id": "598899", "title": "", "text": "How will your employer treat your pay and benefits status while you're on leave?   Disability income coverage and leave policies work in tandem to solve very different problems.  Disability income coverage covers your income, leave policies guarantee your status as an employee.   Typically, STD coverage requires an actual loss of income and will offset it's stated benefit for any income you're receiving.  In general you can't begin a STD claim after the 7 day waiting period and also draw income from vacation or sick time.  Also, typically STD will cover some percentage of your covered pay (sometimes including commission/bonus income) up to some weekly maximum. FLMA requires employers to allow certain amounts of time for certain types of leave.  FMLA is not necessarily an income replacement tool like STD coverage.   Contrary to your post it's my understanding that if sick and vacation time accrue in to a single PTO bucket your employer is prohibited from requiring employees to exhaust accrued time prior to beginning FMLA leave. In general, you're not missing anything because the point of FMLA is to guarantee your job and status as an employee from a benefits perspective. Benefits language from the Department of Labor Website A covered employer is required to maintain group health insurance coverage, including family coverage, for an employee on FMLA leave on the same terms as if the employee continued to work."}
{"_id": "598908", "title": "", "text": "cash isn't part of changes in working capital calculation - dont include it in current assets.   *edit - Also to answer a question you didn't ask, subtracting cash doesn't skew the multiples.  If cash really is that excess, the market cap will reflect a large cash position, thus adding it all back into EV.  Think of apple as a good example.  If they theoretically would dividend out all the cash, market cap would drop and so would EV."}
{"_id": "598936", "title": "", "text": "Are you kidding me? There's only one reason. Greed. If CEOs pay their workers less they take more home for themselves. Period. There is no other reason.  It's wrong, because the front line workers are the ones who make the company work. They're the ones who earn 90% of the money. But they get 10% of the profits. It's crooked, and it's greedy, and that's all."}
{"_id": "598939", "title": "", "text": "Haarverl\u00e4ngerung und -verdichtung zus\u00e4tzlich im st\u00e4ndigen Angebot --Modefris\u00f6r Pohl in der F\u00fcrstenriederstrasse im M\u00fcnchen schneidet nicht nur Haare und f\u00e4rbt und f\u00f6nt sie. Er bietet zus\u00e4tzlich Haarverl\u00e4ngerung und Haarverdichtung an, und das seit fast 20 Jahren. Hierf\u00fcr stehen separate R\u00e4ume mit einem eignen Eingang parat. Der Friseursalon bietet auch nat\u00fcrliche und modische Per\u00fccken von namhaften Herstellern an. Hier sind Sie in besten H\u00e4nden und d\u00fcrfen sich verw\u00f6hnen lassen."}
{"_id": "598960", "title": "", "text": "You won't hear me calling crypto a safe haven as such. The local price volatility is more than most people can handle. And it takes a level of tech savvy to be able to separate facts from nonsense.  By my personal analysis, Ethereum (ETH) would be the safest crypto investment by far. Bitcoin (BTC) is also surprisingly resilient in terms of value, but has been deprecated on multiple levels at this point, so it seems quite overvalued (or Ethereum undervalued for that matter). The rest of crypto can probably best be compared to investing in startups. High risk, high reward."}
{"_id": "598968", "title": "", "text": "I go in, grab my motor oil (one of the few items Walmart is significantly cheaper on) , go through the self checkout, and leave. I don't really care about the store experience or need my hand held to find an item...I expect most who shop at Walmart, even on occasion like myself, would feel similar."}
{"_id": "598993", "title": "", "text": "Let's do a real example of leverage on the SPY. Imagine you have $20K today and plan on having $100K by JAN 2018.  You could get 100 shares of SPY and ride it out.  Maybe buying another 100 shares every few months until 2018, ending up with less than 500 shares to your name ( and zero cash in the bank ). or You could lever with DEC 2017 LEAP CALLS. They'll expire in 2.5 years, so you'd have to re-up sooner than your plan.   With 20K starting cash, in my example we'll go with 5 contracts to start with.  If we choose the $230 strike they'd cost $1250 each (putting roughly $6250 at risk).   The plan in is if the stock market goes up, you've got leverage.  You are the proud owner of contracts worth 500 shares of SPY and have only spent 1/3rd of your present day dollars.  If the market goes down in the next two years, sure, you lost the entire $6250, but likely saved $93,750 powder dry and can try your luck with the 2021 LEAPS.   Probably get down votes for this, but I'll even argue that proper use of leverage can very much reduce your risk.   One truth is you'll never get a margin call from holding long options."}
{"_id": "598994", "title": "", "text": "\"&gt; How does this reflect upon 8 years of the AHCA?  It's a good question but I suspect the answer is \"\"not good\"\".  It had a few things to improve our circus of a healthcare system but mainly focused on getting more people into the dysfunctional tent.\""}
{"_id": "598997", "title": "", "text": "None whatsoever, no. Moreover, trying something like that would very likely trigger a full audit."}
{"_id": "599003", "title": "", "text": "If I own shares of a company, am I entitled to apply as position of   CEO? Sure, but anybody else can apply too. Who decides? The corporate board of directors, who are nominally chosen by a vote of the stockholders. I say nominally, because in practice they are nominated by the current CEO and it's very rare for stockholders to veto the CEO's choice. Once in a while a group of stockholders will nominate their own candidate for the board, but they rarely win. I'd like to think there's some socio-corporate or investor-relationship advantage to working or having the option to work in certain positions in said company -- especially by privilege or total outstanding share ownership numbers. Why? Simply holding a large number of shares doesn't necessarily mean you know anything about running the business."}
{"_id": "599004", "title": "", "text": "Well you have to understand that even when working full time at minimum wage you generally have very little money or time that can go towards going to school, having kids or having any kind of fun at all in life. Do you really understand what it's like to start from the bottom? It's always getting worse for the bottom subset so it's always getting more difficult to change their lives.  It's not impossible but it actually is incredibly unfair. This is not a meritocratic society. This is not a utilitarian society. All the rich really want is to feel like they are better people than others. They don't have the incentive to want to actually make people better around them. When almost everything is owned in society and you don't own any of it than you yourself are effectively owned as well."}
{"_id": "599014", "title": "", "text": "\"&gt;So, are you going to bring some facts I don't know about to this debate  Reddit posting space is so small, and the sum total of facts (*real* ones, not the \"\"official\"\" ones) of things you are blind to are so large that it would be impossible to fit them in here (even as links to outside data).  &gt;or just a drive by smearing?  Your hero Krugman engages in that on a regular basis, one would have though you had become familiar with it by now.\""}
{"_id": "599015", "title": "", "text": "If your deductions are higher than the standard deduction, you will be able to subtract property taxes from your income. In your example, that means that taxes are computed based on $95,000. In 2011, the standard deduction varies between $5,800 (single filer) and $11,600 (married filing jointly). Tax credits are subtracted from your tax obligation. The most common tax credit for most people is student loan interest. If you pay $500 in student loan interest, that sum is subtracted from your tax bill."}
{"_id": "599020", "title": "", "text": "An important factor you failed to mention is the costs associated with owning a home.  For example, every 10 / 15 years, you have to replace your AC unit ($5k) and what about replacing a roof (depends on size, but could be $10k)?  Not to mention, paying a couple thousand annually for property taxes.  When renting, you never have to worry about any of these three....."}
{"_id": "599023", "title": "", "text": "AFAIK, in the USA, as long as you're beneath a staff threshold of something like 13 people (correct me if someone knows the exact number), you can willfully discriminate in hiring however you damn well please.   Makes sense to me. If you have a tiny business, one person being out for 3 months can have a massive impact. Not simply one fewer maze rat in the cube farm at GE."}
{"_id": "599025", "title": "", "text": "\"I know that's always going to be the thing that people are talking about when they claim that not enough people go to jail for financial crimes.  First, [some did](http://money.cnn.com/2016/04/28/news/companies/bankers-prison/index.html) go to jail.    It's arguable that the Feds should have tried harder to find ways to accuse specific people of crimes, but the actual housing price crisis was caused by a widespread belief that housing prices just couldn't collapse as much as they did in any circumstance.  That set off a chain reaction that had never happened before in any known modern economy.   If you really want to go after everyone involved, it would include everyone from bankers to economists to home buyers who bought more house than they could afford, generally by lying about their income on \"\"stated income\"\" mortgages.\""}
{"_id": "599043", "title": "", "text": "Do a common size analysis to  compare to its competitors. Also run a rqtio analysis to the industry. Explain the commonalities and differences as it pertains to the business.   A lot of big banks publish research on public companies and where they're headed in terms of financials. They are usually published for a fee but you can sometimes find them for free online.  It would be useful to talk about the current financial landscape like yellen, rate hikes etc if you wanna go there."}
{"_id": "599056", "title": "", "text": "\"She's also emotionally manipulating you. You'll put her in a bad spot if you quit? Tough shit! She only wants you to stay because she is too lazy to find someone else. Trust me, she does NOT care about your future career goals.  Also, she said she would help you out \"\"if you do well\"\". What does that mean? Has she given you a benchmark for what \"\"well\"\" is? Two months is not very long. Keep looking for something else, and if you find something better, take it. If not, just suck it up and stay there.\""}
{"_id": "599058", "title": "", "text": "I know one piece of information that can help you (in a macabe sort of way) - from what my wife has told me, if your partner dies, you are not responsible for paying for their debts, especially student loans. I expect the same thing for credit cards - if someone were to happen to charge $2,000 on their credit card and get hit by a bus, the credit card company can cajole and plead for you to pay for it, but you have no legal requirement to do so.  Unfortunately I do not have as much information about as if you spouse is living."}
{"_id": "599075", "title": "", "text": "I don't have a reference, but I think it depends on when you entered the workforce: If you finished school at age 24, your primary goals are to pay down expensive debt and to save up enough for a down payment.  So essentially not much.  Maybe $5k to $10k at the most. On the other hand if you entered the workforce at age 20, with no debts and no significant expenses, it should have been easy to sock away 20% of your income for 6 years, so $40k to $50k would be reasonable. The difference is that the first person's income earning potential should be higher, so eventually they'd be able to make up the difference and pass them."}
{"_id": "599082", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.project-syndicate.org/commentary/india-botched-goods-and-services-tax-by-shashi-tharoor-2017-07) reduced by 90%. (I'm a bot) ***** &gt; Milk products, for example, may fit into four different tax rates; generic flour will not be taxed, but branded flour will be taxed at 5%. Not surprisingly, the result has been widespread confusion about which tax rates apply to what.  &gt; Even before the GST was rolled out, the Indian judicial system was choked by indirect tax appeals, tying down some $23 billion in tax revenue.  &gt; The confusing tax rates, excessive documentation, and anxiety over the implementation of compliance requirements has prompted fears that the GST will damage people&amp;#039;s livelihoods.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nawok/indias_botched_tax_reform/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~166832 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **GST**^#1 **tax**^#2 **rate**^#3 **Modi**^#4 **India**^#5\""}
{"_id": "599083", "title": "", "text": "Well, I'm from the Netherlands, which is also kind of a 'nanny' state, usually supermarket goods are fairly cheap (bottle of 1,5L Coca Cola is $1,42, a 24-crate of beer is around $11). But gasoline ($2/L), diesel ($1.60/L) and tobacco ($6-8.50) are quite expensive.  Basically we have an extra tax on certain (unhealthy and environmentally harmful) goods so you get a basic consumer tax of 19% (soon to be 21%) + 15-250%. For example a pack of cigarettes of $6.50 is $1.71 without taxes right now.  But for some reason alcohol isn't taxed as heavily, where tobacco gets upwards of 250% extra tax alcohol only gets 5-15.5% extra taxes."}
{"_id": "599091", "title": "", "text": "Right now, there are three major cable companies.  They are very obviously operating on a gentleman's agreement not to contest each others' territories too much, and using that position to wildly inflate prices.  Witness how much headroom the incumbent suddenly finds to cut prices and improve service when Google Fiber comes to town.  Large shareholders have outsized influence on the composition of a Board and its agenda, because small shareholders don't organize.  Giving 67% of SpinCo to Comcast shareholders means that the kingmakers for the Comcast board will be the kingmakers for the SpinCo board, except that they can't play too rough with the Charter kingmakers.  And yes, they could sell their stock, but do you think they will?  Right now, it's a three-party agreement between three independent companies.  SpinCo will be owned directly by Charter, and by the same people who also own Comcast.  It turns the three-party agreement into a two-party agreement, because both of the other two companies will have either the direct or indirect power to make sure that SpinCo doesn't contest territories too much, rather than having to rely on the third company freely agreeing to that arrangement."}
{"_id": "599092", "title": "", "text": "Glad I could help! I really got a lot from the theory, although full disclosure I didn't read the whole book, we just studied it in class. I'm a supervisor at a paintball park while I'm at school, and the thing I always admired most was how they made everyone feel like they had self worth. You could be the seasonal employee, making minimum wage, and you still knew you were valued by everyone, as long as you did your job. Everyone played their own role, while some were more important, the whole thing falls apart if its missing a small piece. Your question about IT is just like this. Even though the IT guys might be technically small potatoes next to the big time salesman, he still needs functioning computers or else he can't do business."}
{"_id": "599103", "title": "", "text": "My wife was once on a game show.   The income was 1099 and wholly unrelated to gambling.  I did offset the hotel cost on a schedule C against it (and filed a California return to get back the withholding) but a television appearance for a prize is not gambling.  It is pay for a performance and she didn't risk any of her own money.   Your friend's 8k loss can only offset casino or lottery winnings, sorry."}
{"_id": "599108", "title": "", "text": "Venezualans are earning 200 times more bolivars today than they were 4 years ago. Does this mean venezualans are outperforming Americans? Obviously not. there was a lot left out of this article. Rising cost of healthcare, housing, transportation, education etc."}
{"_id": "599109", "title": "", "text": "The total limit book is a composite of all the orders on all of the exchanges. While it's uncommon for a limit order posted beyond the NBBO to fill outside of the NBBO, it does occur. For example, the best ask may be on exchange X, but for some reason the smart order routing algorithm may select exchange Y if it judges the net trade to be less costly, malfunctions, etc, and HFTs will immediately arbitrage the order between two exchanges, or the best order on exchange X disappears causing the order to fill above the NBBO. The system isn't perfect because there are multiple exchanges, but that eventuality is extremely rare with equities since nearly every exchange will have orders posted at the NBBO because exchange equity fee and rebate schedules are extremely competitive, nearly identical.  It is however more common with options since less exchanges as a percentage of the total will have orders posted at the NBBO because of very wide exchange rebate and fee schedules. How a single exchange handles a new order that crosses an existing limit order is already addressed here: How do exchanges match limit orders?"}
{"_id": "599118", "title": "", "text": "Must be regional. McDonalds burgers are the same quality and the McChicken tastes great for 1 dollar. It is the best bang for your buck on the US east coast to my knowledge.  Also their coffee is a MUCH better value than Starbucks and DD."}
{"_id": "599128", "title": "", "text": "\"Would my (new) landlord even be aware of the fact that I'm his   guarantor? Does that show up on a credit report or would there be   another indication of it somewhere? It may come up during background checks, and it may not come up. You're expected to disclose material information on the rental application, and withholding it may lead to voiding the rental contract and eviction. But the problem is slightly different. Can you afford paying two rents? By being the guarantor you take the responsibility of paying the rent \"\"in the case if...\"\". You need to treat it as a real liability that you will be expected to pay. With all the respect to your brother, if something unexpected happens - you will be on the hook. You have to account for that.\""}
{"_id": "599142", "title": "", "text": "Why would you need to have a separate checking account just for tax payments? As long as your categorize your expense properly, you can run a report based on that category to present only your tax responsibilities. You can set up your account how you want, but IMO it seems excessive for quarterly tax payments. My other thought is that you may also be required to pay monthly bank charges to have a second business checking."}
{"_id": "599156", "title": "", "text": "It's 5% free money, if you believe the company's stock is fairly valued and likely to grow and/or return reasonable dividends until you're ready to sell it. There's usually a minimum holding period of a few months to a year before these discounted shares can be sold; take that into account"}
{"_id": "599157", "title": "", "text": "\"Smart money (Merriam-Webster, Wiktionary) is simply a term that refers to the money that successful investors invest.  It can also refer to the successful investors themselves.  When someone tells you to \"\"follow the smart money,\"\" they are generally telling you to invest in the same things that successful investors invest in.  For example, you might decide to invest in the same things that Warren Buffett invests in.   However, there are a couple of problems with blindly following someone else's investments without knowing what you are doing. First, you are not in the same situation that the expert is in.  Warren Buffett has a lot of money in a lot of places.  He can afford to take some chances that you might not be able to take.  So if you choose only one of his investments to copy, and it ends up being a loser, he is fine, but you are not. Second, when Warren Buffett makes large investments, he affects the price of stocks.  For example, Warren Buffett's company recently purchased $1 Billion worth of Apple stock.  As soon as this purchase was announced, the price of Apple stock went up 4% from people purchasing the stock trying to follow Warren Buffett.   That having been said, it is a good idea to watch successful investors and learn from what they do.  If they see a stock as something worth investing in, find out what it is that they see in that company.\""}
{"_id": "599159", "title": "", "text": "\"If history is any guide, Page\u2019s idealistic impulses could result in a vaster, more sprawling company. The following is an example of one of Page\u2019s idealistic impulses (wanting people to share spectrum) which could result in a vaster, more sprawling company (if they hadn't been outbid, Google would have expanded by buying a business asset i.e. spectrum which they didn't need). I've no experience with bidding. I don't understand what's happening at all An 'auction' is a way to sell something. Instead of offering it for sale at a fixed price, you offer it 'to the highest bidder'. Someone (e.g. Google) says, \"\"I'll offer you [some amount: e.g. a million dollars] for it.\"\" If no-one else exceeds that bid, then you say 'sold' and Google has bought it. Alternatively someone else comes along with a higher bid, \"\"I'll offer you two million dollars for it,\"\" in which case they're the new high bidder, and you'll sell it to them unless the process repeats itself with anyone counter-offering an even higher bid. See also http://en.wikipedia.org/wiki/Auction and http://en.wikipedia.org/wiki/Spectrum_auction The \"\"Disadvantages\"\" section of this article alleges (currently without a citation) that: Despite the apparent success of spectrum auctions, an important disadvantage limiting both efficiency and revenues is demand reduction and collusive bidding. The information and flexibility in the process of auction can be used to reduce auction prices by tacit collusion. When bidder competition is weak and one bidder holds an apparent advantage to win the auction for specific licenses, other bidders will often choose not to the bid for higher prices, hence reducing the final revenue generated by the auction.[citation needed] In this case, the auction is best thought of as a negotiation among the bidders, who agree on who should win the auction for each discrete bit of spectrum. Google's bid made that impossible (or, at least, ensured that the winning bid would be at least as high as the minimum which was set by Google's bid).\""}
{"_id": "599174", "title": "", "text": "\"Let's not get too hung up on job titles. People hiring you are not interested in (or hoodwinked by)job titles.  Call yourself The Grand Poohbah for all I care - what I want to see is what you were doing in that role, and how well you were doing it!  Call your self \"\"Do It All Man\"\" or something silly. Believe me, looking at Resumes is the worst job in the world.   When I was hiring people, I will give you my process.  I open a gigantic envelope, take out a huge pile of paper. Try to find the application letter. OK - found it - great. Tear off everything except the first piece of paper, and chuck in the rubbish. If you sent an application letter which is less than one side of one page, your application automatically goes into the list of \"\"possibles\"\".  Next, I find the CV, and I take the top sheet, and chuck everything else in the trash.  If you can't convince me, using ONLY two pieces of paper, and ONLY one side of each: one applying for the job, and the other showing your relevant experience, THEN YOU NEVER EVEN GET AN INTERVIEW.   If you want to spend 10 pages telling me about everything you've ever done - and you start at age 17 on page 1, then I will never get to know what you did after delivering milk at age 19, *because I threw the rest in the trash already*.  OK, I got side-tracked. Sorry. Job titles mean diddly squat.\""}
{"_id": "599178", "title": "", "text": "Don't forget taxes, Web site (even if it just has your business name, address and phone number its better than not having a site at all) social media for showing off the flower arrangements and getting more business..."}
{"_id": "599182", "title": "", "text": "I would go for the upgrade and cancel the insurance. It's been 5 years since I left the post paid subsidized phone world and I'm WAY better off.  I use ATT GoPhone and I buy my phones in cash.  If I shatter my phone, I replace the screen or simply buy a new one.  Sites like swappa.com make buying and selling phones a breeze and you save a bundle of money leaving the carrier subsidies and ridiculous insurance programs on the table."}
{"_id": "599217", "title": "", "text": "\"Basically, your question boils down to this: Where and how do I squeeze the stock market so that within time period X, it will make me Y dollars. (Where I'm emotionally attached to the Y figure because I recently lost it, and X is \"\"as soon as possible\"\".) To make money on the stock market (in a quasi-guaranteed way), you have to adjust X and Y so that they are realistic. For instance, let X be twenty-five years, and Y be \"\"7% annual return\"\". Small values of X are risky, unless X is on the order of milliseconds and you have a computer program working for you. To mitigate some of the risk of short term trading, you have to treat trading seriously and study like mad: study the stock market in general, and not only that, but carefully research the companies whose stocks you are buying. Work actively to discover stocks which are under-valued relative to the performance of their corporation, and which might correct upward relative to the performance of similar stocks. Always have an exit strategy for every position and stick to it. Use instruments like \"\"trailing stops\"\": automatic tracking which follows a price in one direction, and then produces an order to close the position when the price reverses by a certain amount.\""}
{"_id": "599255", "title": "", "text": "Around Oct 03 2010 the SPY closed at 113.  Today it is trading at 130.  After four months, that means that the S&P is up 15% over that particular 4 month period. You said you need something pretty low maintenance, and you are comparing your returns to the S&P 500 (which as @duffbeer703 points out is a good thing to compare against because of its diversification). To kill two birds with one stone, I would sell your fund that you have and take the proceeds and purchase the ETF SPY.  SPY trades like a stock but mirrors the S&P 500's performance. It has extremely low fees (as opposed to what I suspect your BlackRock fund has).  You can own it in an Etrade or Fidelity or other low cost broker account.  Then you will be extremely low maintenance, fully diversified (among stocks) and you don't have to compare your performance against the S&P :)"}
{"_id": "599278", "title": "", "text": "\"There's no such thing as \"\"unlimited resources\"\".   Rephrase your question and explain the limits under which you want to work, to succeed.  Final note: if you have unlimited resources, why would you even start a business or work on anything? Got it?\""}
{"_id": "599288", "title": "", "text": "I don't understand the rooting for Louis CK. He's charging for what should be free - digital content. That's what I always hear on Reddit. But because he's, what, not going through Time Warner or something, this is more *pure*?"}
{"_id": "599292", "title": "", "text": "He's the Pharma company fall guy. This will diffuse a lot of the hostility toward them for a while because it is seen as a victory against them when in reality it didnt do much. Him being an unlikeable dickweasel just made him a better choice."}
{"_id": "599293", "title": "", "text": "International means from all over the world. In the U.S. A Foreign Equity fund would be non-US stocks.  There's an odd third choice I'm aware of, a fund of US companies that derive their sales from overseas, primarily."}
{"_id": "599311", "title": "", "text": "How dare you talk about Israel like that and suggest that they be removed from the face of the earth by force . .how utterly anti-Semitic of you . .  I think that the Administrator of this site should ban an unintelligent creature like you for suggesting mass genocide of the Israeli people . .shame on you"}
{"_id": "599313", "title": "", "text": "**NAT Port Mapping Protocol**  The NAT Port Mapping Protocol (NAT-PMP) is a network protocol for establishing network address translation (NAT) settings and port forwarding configurations automatically without user effort. The protocol automatically determines the external IPv4 address of a NAT gateway, and provides means for an application to communicate the parameters for communication to peers. NAT-PMP was introduced in 2005 by Apple as an alternative to the more common ISO Standard Internet Gateway Device Protocol implemented in many NAT routers. The protocol was published as an informational Request for Comments (RFC) by the Internet Engineering Task Force (IETF) in RFC 6886.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"_id": "599320", "title": "", "text": "Yes absurd. But those fat cat business owners need to pay their share! I mean my 70 year old Korean dry cleaner and his wife have been screwing the state out of their fair share of the till for a long time.  But seriously, the tax is really horrible for the small business with small margins and large volume. Dry cleaners, restaurants and convenience stores are just a few examples."}
{"_id": "599325", "title": "", "text": "There is plenty of research that shows that companies that have a portfolio of brands within the same category have superior financial returns.  The reason is that even for dish soap there are different types of people who want different products.  One of the more successful brands for P&amp;G over the past decade has been Gain detergent.  It is a mega-brand that competes with tide for people who love scent.  The brand has been so successful that there are now dish soaps and other products with the Gain name.  There are typically performance differences between the brands.  For example trade off performance against a certain type of stain for more scent."}
{"_id": "599336", "title": "", "text": "Generally for tax questions you should talk to a tax adviser. Don't consider anything I write here as a tax advice, and the answer was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer. Does IRS like one payment method over other or they simply don't care   as long as she can show the receipts? They don't care as long as she withholds the taxes (30%, unless specific arrangements are made for otherwise). She should withhold 30% of the payment and send it to the IRS. The recipient should claim refund, if the actual tax liability is lower. It's only consulting work at the moment, so most of the communication   is done over phone. Should they start engaging in written   communication to keep records of the work done? Yes, if she wants it to be a business expense. Is it okay to pay in one go to save money-transferring fees? Can she   pay in advance? Again, she can do whatever she wants, but if she wants to account for it on her tax returns she should do it the same way she would pay any other vendor in her business. She cannot use different accounting methods for different vendors. Basically, she has not outsourced work in previous years, and she   wants to avoid any red flags. Then she should start by calling on her tax adviser, and not an anonymous Internet forum."}
{"_id": "599352", "title": "", "text": "Your crystal ball of presumption is clearly cracked.\u00a0 Apple admitted to paying a 6% overseas tax rate in 2015.\u00a0 It has been suggested they pay about 8% in the US, but nobody really knows but them.\u00a0 What an utterly ridiclous statement to suggest they are anywhere close to losing money.\u00a0 Any fool can see Apple is highly profitable and competetive everywhere.\u00a0 Multinational corporations have amasses over two trillion dollars overseas.\u00a0 The competition is over when you get to profit.\u00a0 Cash is useless until transformed into something material.\u00a0 They should want to improve the country of their origin."}
{"_id": "599358", "title": "", "text": "\"I am forgetful and a parent of 2 young boys.  It's way easier to order something walking through the house while it's fresh in my mind than trying to remember to go online and order stuff once they're in bed.  * I clean litter boxes, realize were low, on my way out the door with old litter in garbage bag I yell \"\"Alexa, order more of our cat litter\"\".  * Doing dishes and grab the one of the last pods for the dishwasher \"\"alexa order more dish washer detergent\"\".  In the world of being a parent, I go from one task to the next when not playing with my kids, and i get distracted very easily. My wife and I make it a point to not be on our phones when with our kids, so I can't just open my amazon app and order from there since it's usually on the charger when I'm home.\""}
{"_id": "599371", "title": "", "text": "Hundreds of millions of stock options isn't hundreds of millions of income yet though. And once they cash out they do get taxed as income so it's effectively the same. If we taxed the stock options it would be double taxation.  I know it's ridiculous how much money they make still though something has to be done but just pointing that out."}
{"_id": "599376", "title": "", "text": "but what about non-identifying information like emails or even telephone numbers? Are you allowed to do this? Most countries have privacy laws that would explicitly forbid companies from selling data not just to other companies, but even to other divisions within the company without explicit approval from customer.  There are adequate regulatory controls that would stop companies from indulging in such practises. However tons of smaller / un-registered companies or companies operating from certain countries are definitely a source for such practises."}
{"_id": "599382", "title": "", "text": "The first thing you should do, and should have been doing all this time if you weren't, is to take the money you would've paid in the payment plan and set it aside in a separate savings account.  If your plan was 2 years, $65 a month, then set that aside, now. That will allow you to be in a better negotiating position when this is finally resolved.  It's also possible this takes two years to be resolved - in which case you'll be in position to pay the debt off in full at that point!  It's also possible at some point in the future you'll be offered to settle for half or something like that, at which point if you've saved several months of payments that might be more practical to do. As far as what to do about the charges being removed, unless you have a specific reason for believing they're invalid, that's probably impossible.  You could go to the Public Service Commission (outlined in this article about making complaints about overcharges from ConEd); it seems like it's probably too late for that, honestly, but who knows.  If you'd made more of an effort at the time, it's possible you could've disputed them back then with PSC.   And, as far as what to do with requiring written payment plans: absolutely, 100%.  I would try to find out why you're not getting the plans.  Do they have the wrong address, perhaps?  Or is your mail sometimes poorly delivered?  Ask them to send it via certified mail (you may be charged a few dollars for this), or ask them to e-mail you a copy while you're on the phone with them (my preferred option). Bill collectors like getting their money, so they ought to help you out with this."}
{"_id": "599389", "title": "", "text": "&gt;Ummm I bet we didn't 'work less'  You'd lose your bet. Hunter-gatherers worked only a few hours per day.  Consider it: housing costs, near zero; energy and transport costs, near zero; insurance, medical care, zero; education, students loans, etc, zero; and on..."}
{"_id": "599403", "title": "", "text": "Dividends and interest are counted under operations for the purpose of this tweet. This is pretty much entirely a non-story. I'm not sure exactly how they're dividing it up, but it looks like they're only counting stock appreciation as capital gains and counting things revenue from sales (from their subsidiaries as well) under operating income.   This is just from a quick glance over their statement of earning, but that's what it looks like to me."}
{"_id": "599411", "title": "", "text": "Assuming there are no other liabilities...  The enterprise value is $5mm. $1mm loan + $4mm equity. The proforma enterprise value will be the same, but the equity will now represent all of it at $5mm. Your 4% will now be 3.2%, but equal the same value; $160,000."}
{"_id": "599414", "title": "", "text": "Shareholders are the equity holders. They mean the same thing.  A simplified formula for the total value of a company is the value of its equity, plus the value of its debt, less its cash (for reasons I won't get into). There are usually other things to add or subtract, but that's the basic formula."}
{"_id": "599420", "title": "", "text": "A stopped clock is right two times a day.   We may get a market crash similar to the financial crisis or the dot com crash or we may not. What if over the next 10 years rates rise very sluggishly, low inflation, and  low growth more or less continues with maybe one brief and shallow recession. In that case I bet US stocks produce 4-5% returns per year and US bonds produce maybe 1-2% per year.  European and emerging market stocks should have higher returns because they are in an earlier part of the cycle.  I think your baseline has to look something like that.  The last two crashes were caused by the tech bubble and the housing bubble - where is the bubble today? US stocks are expensive, but probably not in bubble territory. Bonds worldwide are unattractive with low or negative yields - negative yields maybe a bubble, but central banks will be the most hurt by negative rates and they are in a strong position to take the pain.   There could be a crash I just don't see how we get there yet - maybe china?"}
{"_id": "599422", "title": "", "text": "Very true, however, gambling is still a huge part (~50% huge) and we have gotten smarter on how to attract gamblers, which include incentivising them with nongaming stuff like concerts, fights, etc...  AC doesnt have all that so its much harder for them to attract gamblers    Source: im a slot marketing manager at a luxury vegas casino."}
{"_id": "599436", "title": "", "text": "\"1. Interest rates What you should know is that the longer the \"\"term\"\" of a bond fund, the more it will be affected by interest rates. So a short-term bond fund will not be subject to large gains or losses due to rate changes, an intermediate-term bond fund will be subject to moderate gains or losses, and a long-term bond fund will be subject to the largest gains or losses. When a book or financial planner says to buy \"\"bonds\"\" with no other qualification, they almost always mean investment-grade intermediate-term bond funds (or for individual bonds, the equivalent would be a bond ladder averaging an intermediate term). If you want technical details, look at the \"\"average duration\"\" or \"\"average maturity\"\" of the bond fund; as a rough guide, if the duration is 10, then a 1% change in interest rates would be a 10% gain or loss on the fund. Another thing you can do is look at long-term (10 years or ideally longer) performance history on some short, intermediate, and long term bond index funds, and you can see how the long term funds bounced around more. Non-investment-grade bonds (aka junk bonds or high yield bonds) are more affected by factors other than interest rates, including some of the same factors (economic booms or recessions) that affect stocks. As a result, they aren't as good for diversifying a portfolio that otherwise consists of stocks. (Having stocks, investment grade bonds, and also a little bit in high-yield bonds can add diversification, though. Just don't replace your bond allocation with high-yield bonds.) A variety of \"\"complicated\"\" bonds exist (convertible bonds are an example) and these are tough to analyze. There are also \"\"floating rate\"\" bonds (bank loan funds), these have minimal interest rate sensitivity because the rate goes up to offset rate rises. These funds still have credit risks, in the credit crisis some of them lost a lot of money. 2. Diversification The purpose of diversification is risk control. Your non-bond funds will outperform in many years, but in other years (say the -37% S&P 500 drop in 2008) they may not. You will not know in advance which year you'll get. You get risk control in at least a few ways. There's also an academic Modern Portfolio Theory explanation for why you should diversify among risky assets (aka stocks), something like: for a given desired risk/return ratio, it's better to leverage up a diverse portfolio than to use a non-diverse portfolio, because risk that can be eliminated through diversification is not compensated by increased returns. The theory also goes that you should choose your diversification between risk assets and the risk-free asset according to your risk tolerance (i.e. select the highest return with tolerable risk). See http://en.wikipedia.org/wiki/Modern_portfolio_theory for excruciating detail. The translation of the MPT stuff to practical steps is typically, put as much in stock index funds as you can tolerate over your time horizon, and put the rest in (intermediate-term investment-grade) bond index funds. That's probably what your planner is asking you to do. My personal view, which is not the standard view, is that you should take as much risk as you need to take, not as much as you think you can tolerate: http://blog.ometer.com/2010/11/10/take-risks-in-life-for-savings-choose-a-balanced-fund/ But almost everyone else will say to do the 80/20 if you have decades to retirement and feel you can tolerate the risk, so my view that 60/40 is the max desirable allocation to stocks is not mainstream. Your planner's 80/20 advice is the standard advice. Before doing 100% stocks I'd give you at least a couple cautions: See also:\""}
{"_id": "599483", "title": "", "text": "\"This does not seem, to me, to be a very good indication regarding the   risk of the person not paying their balances off. If you do not have a source of income then how are you going to repay your debt.  Not to mention there is recource for creditors to garnish wages.  That is not possible if you have no income.  The risk assessment is about the ability of the creditor to recover any moneys loaned and costs and still make a profit. For example, students have their parents pay them some pocket money to   cover for expenses, or a person might be working sporadically on   consulting gigs that do not have a fixed monthly or yearly component. Most credit card companies that are willing to issue to college students will allow you to include money from your parents in your income.  Credit card companies are looking for customers that will carry a balance and incur fees but be able to pay them.  These companies do not make money off of fees and interest that they do not collect.  As such, sporatic work increases risk. Is it possible for people to get approved for unsecured credit cards   if they don't hold (or have not held for some time) a job at the time   of application? I was able to while I was in college.  Though I did have a part time job.  If you can show that you have the ability to pay you can usually get a credit card if you do not have bad credit.  It will probably be high interest and have alot of fees some of them you will have to pay upfront.  But what you probably mean to ask is \"\"Is it possible to get a no cost unsecured credit card with out a reliable source of income?\"\"  The answer to that is: probably not.  Even the ones that look like they are free probably have hidden fees.\""}
{"_id": "599485", "title": "", "text": "\"There are two types of insurance, which causes some confusion. Social Security Disability Insurance (which you indicate you have) is insurance you can receive benefit from if you earn enough \"\"work credits\"\" (payroll taxes) prior to your disability onset. It is not a needs-based program. Supplemental Security Income is a need-based program which does not consider your work history. To qualify for this, your total assets need to be lower than some threshold and your family income also below some threshold. If you inherit a home, or money, I doubt this would jeopardize your SSDI qualification, since your qualification was based on a disabling condition and work history. If you inherit an income property, which you manage (i.e. you become a landlord), this may jeopardize your claim that you are unable to work. Even if you are not making an \"\"income\"\" as the landlord, but the work your are performing is deemed to have some \"\"value\"\" this too could jeopardize your claim. All of this can be very complicated, and there are some excellent references on the web including SSA website, and some other related websites. Finally, if you become able to work while on SSDI, your benefit may/will end depending on the level of work you are able to perform. But just because you are able to work again does not mean you need to repay past benefits received (assuming your condition has not been falsified). Your local social security office, or the social security main office both offer telephone support and can also answer questions regarding your concern. Here are a couple relevant links:\""}
{"_id": "599493", "title": "", "text": "\"This is the best tl;dr I could make, [original](https://www.yahoo.com/news/us-shoots-down-pro-assad-190100769.html) reduced by 69%. (I'm a bot) ***** &gt; More.The United States has shot down a pro-Syrian government drone that opened fire on US-led coalition forces in Syria, a military spokesman said, in a major escalation of tensions between Washington and troops supporting Damascus.  &gt; At-Tanaf, on the key highway connecting Damascus with Baghdad, has been menaced by a surge of Iran-backed troops loyal to Syrian president Bashar al-Assad.The area, also just north-east of the Jordanian border, is used by coalition forces as a training and staging area for attacks against Isis.The coalition has established a &amp;quot;De-confliction&amp;quot; zone, extending 34 miles from the garrison, in which pro-regime and Russian forces are not supposed to operate.  &gt; Dillon said the drone had fired on coalition forces patrolling outside the zone.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6g9wg4/united_states_has_shot_down_a_prosyrian/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~140308 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **forces**^#1 **coalition**^#2 **drone**^#3 **Dillon**^#4 **State**^#5\""}
{"_id": "599496", "title": "", "text": "Why would the IRS be coming after you if you reported the income? If you reported everything, then the IRS will use the 1099 to cross-check, see that everything is in order, be happy and done with it. The lady was supposed to give you the 1099 by the end of January, and she may be penalized by the IRS for being late, but as long as you/wifey reported all the income - you're fine. It was supposed to be reported on Schedule C or as miscellaneous income on line 21 (schedule C sounds more suitable as it seems that your wifey is in a cleaning business). But there's no difference in how you report whether you got 1099 or not, so if you reported - you should be fine."}
{"_id": "599499", "title": "", "text": "This is more of an interesting question then it looks on first sight. In the USA there are some tax reliefs for mortgage payments, which we don\u2019t have in the UK unless you are renting out the property with the mortgage.  So firstly work out the interest rate on each loan taking into account any tax reliefs, etc. Then you need to consider the charges for paying off a loan, for example often there is a charge if you pay off a mortgage.   These days in the UK, most mortgagees allow you to pay off at least 10% a year without hitting such a charge \u2013 but check your mortgage offer document. How interest is calculated when you make an early payment may be different between your loans \u2013 so check. Then you need to consider what will happen if you need another loan.   Some mortgages allow you to take back any overpayments, most don\u2019t.  Re-mortgaging to increase the size of your mortgage often has high charges. Then there is the effect on your credit rating: paying more of a loan each month then you need to, often improves your credit rating. You also need to consider how interest rates may change, for example if you mortgage is a fixed rate but your car loan is not and you expect interest rates to rise, do the calculations based on what you expect interest rates to be over the length of the loans. However, normally it is best to pay off the loan with the highest interest rate first.  Reasons for penalties for paying of some loans in the UK. In the UK some short term loans (normally under 3 years) add on all the interest at the start of the loan, so you don\u2019t save any interest if you pay of the loan quicker.    This is due to the banks having to cover their admin costs, and there being no admin charge to take out the loan. Fixed rate loans/mortgagees have penalties for overpayment, as otherwise when interest rates go down, people will change to other lenders, so making it a \u201cone way bet\u201d that the banks will always loose.   (I believe in the USA, the central bank will under right such loans, so the banks don\u2019t take the risk.)"}
{"_id": "599523", "title": "", "text": "\"I'm not sure the term actually has a clear meaning. We can think of \"\"what does this mean\"\" in two ways: its broad semantic/metaphorical meaning, and its mechanical \"\"what actual variables in the market represent this quantity\"\". Net buying/selling have a clear meaning in the former sense by analogy to the basic concept of supply and demand in equilibrium markets. It's not as clear what their meaning should be in the latter sense. Roughly, as the top comment notes, you could say that a price decrease is because of net selling at the previous price level, while a price rise is driven by net buying at the previous price level. But in terms of actual market mechanics, the only way prices move is by matching of a buyer and a seller, so every market transaction inherently represents an instantaneous balance across the bid/ask spread. So then we could think about the notion of orders. Actual transactions only occur in balance, but there is a whole book of standing orders at various prices. So maybe we could use some measure of the volume at various price levels in each of the bid/ask books to decide some notion of net buying/selling. But again, actual transactions occur only when matched across the spread. If a significant order volume is added on one side or the other, but at a price far away from the bid/offer - far enough that an actual trade at that price is unlikely to occur - should that be included in the notion of net buying/selling? Presumably there is some price distance from the bid/offer where the orders don't matter for net buying/selling. I'm sure you'd find a lot of buyers for BRK.A at $1, but that's completely irrelevant to the notion of net buying/selling in BRK.A. Maybe the closest thing I can think of in terms of actual market mechanics is the comparative total volumes during the period that would still have been executed if forced to execute at the end of period price. Assuming that traders' valuations are fixed through the period in question, and trading occurs on the basis of fundamentals (which I know isn't a good assumption in practice, but the impact of price history upon future price is too complex for this analysis), we have two cases. If price falls, we can assume all buyers who executed above the last price in the period would have happily bought at the last price (saving money), while all sellers who executed below the last price in the period would also be happy to sell for more. The former will be larger than the latter. If the price rises, the reverse is true.\""}
{"_id": "599524", "title": "", "text": "SecondMarket attempts to add liquidity to privately held companies. You may be able to find a buyer there, but this is still incredibly illiquid due to accredited investor regulations constricting businesses from catering to the 99%. As around 1% of the United States population qualifies as an accredited investor."}
{"_id": "599545", "title": "", "text": "You should probably consult an attorney. However, if the owner was a corporation/LLC and it has been officially dissolved, you can provide an evidence of that from your State's department of State/Corporations to show that their request is unfeasible. If the owner was a sole-proprietor, then that may be harder as you'll need to track the person down and have him close the plan."}
{"_id": "599546", "title": "", "text": "I'm not saying your not a hard worker but you sound like a whiner that thinks they have all the answers. It sounds like your parents want you to just do your job. I disagree with your parents 'selling' you the business. I think you should start your own business before trying to run someone else's. Your workplace is a business not a training camp, i entirely agree that you should not be training customers or employees how to use excel or google sheets. maybe a friendly YouTube link, but that's it."}
{"_id": "599549", "title": "", "text": "Inhibited Ethylene Glycol is used as an industrial coolant, antifreeze heat transfer fluid. The inhibitor package is designed to protect brass, copper, solder, steel, cast iron, aluminum and other metals commonly found in the industrial cooling and heating systems. The effectiveness of Inhibited Mono Ethylene Glycol Brine (Inhibited MEG Brine) in preventing corrosion has been proven in extensive laboratory and in actual service tests. Using Inhibited Mono Ethylene Glycol Brine (Inhibited MEG Brine) for heat transfer applications instead of brine solutions or un-inhibited ethylene glycol reduces maintenance costs and improves heat transfer efficiency. Outperforms Dowtherm, Dowcal and Norkool range of inhibited ethylene glycol based heat transfer fluids."}
{"_id": "599558", "title": "", "text": "I don't get it. Are most redditors in this thread the children of rich people? Did you all grow up with central air?  You're first place to live outside of your parents' place is probably gonna suck. That's life."}
{"_id": "599563", "title": "", "text": "The FDIC has been pretty good at recovery lost money from failed banks. The problem is the temporary loss from immediate needs. The best thing for anyone to do is diversify in investments and banks with adequate covered insurance for all accounts. Immediate access to available cash is always a priority that should be governed by the money manager in this case yourself."}
{"_id": "599565", "title": "", "text": "Who the fuck cares what most voters think? Most Americans also were unable to do the simple math to tell you whether you would have more or less purchasing power in a scenario where annual interest on your savings account was 1% but inflation was 2%.  There's a reason we don't allow the average citizen to have a voice in regards to the economy and that is it. The profound level of ignorance from the average person regarding even the most simplistic elements of finance is appalling and disgusting."}
{"_id": "599571", "title": "", "text": "Im in texas so as far as i know we are allowed to work pretty much as much as we wantm its probably different in different states and i could be wrong about texas. Ive only worked in fast food so they could have smuged the rules a bit. I cant really work that little since if i do I'll only be able to spend or save 80 a month after bills and gas. So i qish i could work that little lol"}
{"_id": "599593", "title": "", "text": "&gt;Of course there will be a net loss in jobs.  If you draw your box around the fast food industry only, then yes.  However, if you draw your box around the entire US economy, it's not so clear cut.  We have absolutely no idea what jobs will come in the future.  Every single time an industry has been wiped out, from polar ice delivery to horse carriage manufacturing, new industries have risen to take their place."}
{"_id": "599639", "title": "", "text": "\"It depends on when, where and how the account was setup.  If the state has an UGMA (Uniform Gift to Minors) law, the account was probably opened under that -- in which case, your wife became the custodian by statute at age 18 or 21. She has always been the account owner. The \"\"catch\"\" is that if your wife's father died before she assumed custodianship of the account, it may be subject to taxation. You may be in some sort of oddball situation where due to your wife moving, the broker merging or lost records, the phone reps cannot figure out what is going on. I'd suggest working the phone tree a little harder and searching for old records.\""}
{"_id": "599651", "title": "", "text": "Points are index based.  Simple take the total value of the stocks that compose the index, and set it equal to an arbitrary number. (Say 100 or 1000)  This becomes your base.  Each day, you recalculate the value of the index basket, and relate it to the base.  So if our index on day 0 was 100, and the value of the basket went up 1%, the new index would be 101 points. For the example given, the percentage change would be (133.32 -133.68  ) / 133.68 * 100% = -0.27%  Keep in mind that an index basket will change in composition over time.  Assets are added and removed as the composition of the market changes.  For example, the TSX index no longer includes Nortel, a stock that at one time made up a significant portion of the index.  I'm not sure if a percentage drop in an index is really a meaningful statistic because of that.   It is however, a good way of looking at an individual instrument."}
{"_id": "599678", "title": "", "text": "It looks like you are very well read. So here is some advice that you might have heard but dont take seriously and let me warn you since you are signaling a high intellect that you should take this very seriously.   Do not do drugs. Even alcohol or cigs. You most likely have a high possibility of addiction since from what i have noticed the smart ones get easily addicted. This is not a joke. You will be much better living a sober life and i want you to do good for the world."}
{"_id": "599684", "title": "", "text": "\"What they are doing is wrong. The IRS and the state might not be happy with what they are doing.  One thing you can ask for them to do is to give you a credit card for business and travel expenses. You will still have to submit receipts for expenses, but it will also make it clear to the IRS that these checks are not income. Keep the pay stubs for the year, or the pdf files if they don't give you a physical stub. Pay attention to the YTD numbers on each stub to make sure they aren't sneaking in the expenses as income. If they continue to do this, ask about ownership of the items purchased, since you will be paying the tax shouldn't you own it?  You can in the future tell them \"\"I was going to buy X like the customer wanted, but I just bought a new washer at home and their wasn't enough room on the credit card. Maybe next month\"\"\""}
{"_id": "599700", "title": "", "text": "I think most people will have a similar idea to you, but I believe manufactured meat will approach a stage where it is far more efficient to make compared to natural meat, simply because you're avoiding all the extra effort associated with animal husbandry like vaccinations, marking, grazing, slaughtering etc. Once that happens, manufactured meat will be a much cheaper and more environmentally friendly option and people will make the switch organically."}
{"_id": "599701", "title": "", "text": "No I get that.  But if you don\u2019t want risk, then buy bonds.  Long term an S&amp;P Index has very low risk.  On the other hand, actively managed funds have fees that take out a ton of the gain that could be had.  I don\u2019t have time to look for the study but I read recently that 97% of actively managed funds were outperformed by S&amp;P Indexes after fees.  Now I don\u2019t know about you but I think the risk of not picking a top 3% fund is probably higher than the safe return of index\u2019s."}
{"_id": "599715", "title": "", "text": "\"This is the best tl;dr I could make, [original](http://www.washingtonsblog.com/2017/09/real-reason-wages-stagnated-economy-optimized-financialization.html) reduced by 84%. (I'm a bot) ***** &gt; Each of these dynamics may well exacerbate the trend, but they all dodge the dominant driver of wage stagnation and rise income-wealth inequality: our economy is optimized for financialization, not labor/earned income.  &gt; What does our economy is optimized for financialization mean? It means that capital and profits flow to the scarcities created by asymmetric access to information, leverage and cheap credit-the engines of financialization.  &gt; As for selling one&amp;#039;s labor in an economy optimized for capital and the asymmetries of finance-there&amp;#039;s no premium for labor in such an economy, other than technical/managerial skills required by finance to exploit markets.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z41av/the_real_reason_wages_have_stagnated_our_economy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207199 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **economy**^#1 **labor**^#2 **financialization**^#3 **flow**^#4 **credit**^#5\""}
{"_id": "599725", "title": "", "text": "How about a third approach: Figure the buyout as above. Figure what percentage of the value of the house the buyout constitutes. When the house sells the other party gets that percentage of the sales price."}
{"_id": "599731", "title": "", "text": "I'm not sure if I am exactly what you are looking for, but I am currently studying finance at a university with a top ten finance program.  I would be happy to help you out with your search for a college or program.  The stuff about how to dress and act will come later."}
{"_id": "599739", "title": "", "text": "\"I would say yes: it's worth building additional retirement savings on top of a defined benefit pension plan (plans that pay set annual income).  Here are a couple of reasons: Don't put all your eggs in one basket.  While OTPP is probably in good shape, things can and do happen to pension plans.  While there is a provincial system in place to guarantee some of your pension income ($1000/mo) if your plan goes bust, your benefits are not 100% guaranteed. Defined benefit pension plans are designed to provide recurring annual income, like your paycheck when you are employed.  You can't \"\"take more out\"\" from your defined benefit pension plan when an emergency comes up.  Whereas, your RRSP (and eventually RRIF, in retirement) are accounts from which you can take out extra in any given year, if necessary. That being said, Canada Revenue Agency (CRA) won't let you save as much in your RRSP as other people who don't have pension plans: Normally, individuals in Canada are entitled to save 18% of their earned income, up to a limit ($21000 in 2009) in an RRSP each year.  However, to level the playing field, individuals who are in a pension plan get a \"\"Pension Adjustment\"\" (PA) number on their T4 which reduces their available RRSP contribution room.  Otherwise, they'd be able to tax-shelter more income for retirement than others. So, I would suggest if you have the RRSP room, consider using it.  I'd also suggest you look at a Tax Free Savings Account (TFSA), especially if you don't have much RRSP room due to the pension adjustment.  If you're not sure whether to use an RRSP or a TFSA, consider both.\""}
{"_id": "599755", "title": "", "text": "It may not be available in all areas though. So the person you're replying to might not have access to it yet. But I'm pretty sure if the NYC can system failed they'd bring it to NYC really quick (if it's not there already)."}
{"_id": "599757", "title": "", "text": "What is the goal of the money?  If it is to use in the short term, like savings for a car or college, then stick it in the bank and use it for that purpose. If you really want this money to mean something, then in my opinion you have only one choice:  Open a ROTH IRA with something like Vanguard or Fidelity and invest in an index fund.  Then do something that will be very difficult:  Don't touch it. By the time you are 65, it will grow to about 60,000.  However, assuming a 20% tax bracket, the value of that money is really more like 75,000.   Clearly this will not make or break you either way.  The way you live the rest of your life will have far more of an impact.  It will get you started on the right path. BTW this is advice I gave my son who is about your age, and does not earn a ton of money as a state trooper.  Half of his overtime pay goes into a ROTH.  If he lives the rest of his life like he does now, he will be a wealthy man despite making an average income.  No debt, and investing a decent portion of his pay."}
{"_id": "599765", "title": "", "text": "&gt;Case in point with Uber: Let's say you decide you want to drive for UberX. You lease a Prius, and thus are on the hook financially for $350/month + $100/month insurance + $300/month gas and other car expenses, and you'll have that for three years. That's a $750 nut.  I'm not that familiar with the workings of Uber, but I assume people wouldn't lease a car specifically to become an Uber driver.  I figured Uber drivers were people who already had cars.  If you'd be paying a car lease anyway, driving for Uber doesn't really add that much to your costs."}
{"_id": "599779", "title": "", "text": "Yeah, I suppose that's true - and not just in finance but smaller companies in general. I think I might have a good gig right now where I can try my hand on both things. It's a bit tied to one IT system though (Misys Summit) but I guess a lot the skills are transferable."}
{"_id": "599790", "title": "", "text": "I doubt that there is an arrangement with any country that would allow you to transfer money out of a 401(k) and roll it over to another country that isn't governed by US Tax Laws without taking a distribution.  The US government won't let you pull out like that without taking its cut. There may be, but I'd be surprised.  Check around in the appropriate venues. If you're making a distribution that incurs penalties, then that's what you're doing.  If you can do so without incurring penalties, then great for you, just deposit into the vehicle of your choice in your country."}
{"_id": "599799", "title": "", "text": "Honestly, if you're going to restrict the online payment on your card over this, you may as well just restrict it permanently. Because this is definitely not the only time anyone has had an opportunity to retrieve the information on your card. There isn't really that much information on there - anyone taking more than a cursory look could in theory remember it and use it. We're talking waiters and checkout chicks, anytime you've given your card to anyone really. Banks know this. Credit card numbers are not really secure. They factor this in. And they  have software for fraud detection - looking at large or unusual transactions and transactions in foreign countries etc. Of course it's not fool proof, but the best thing you can do isn't to cripple your card, but just be a little bit more diligent about checking your statements, making sure the transactions make sense. Some banks also allow you to set up an alert system so anytime any transactions occur you are notified immediately."}
{"_id": "599810", "title": "", "text": "Funny how quickly that happened, huh? It's when you see shit like that, that you look at them and think wow, you really WERE just fucking us, and now you're scurrying around fixing shit because you know your business model can't compete with theirs. Fuckers."}
{"_id": "599827", "title": "", "text": "Well if you paid cash for an MRI in America it could be up to 5,000.   In Indo it's only 250 dollars.   So the average teacher can buy 24 MRIs a year in indo.   How many MRIs can an average American teacher buy per year? Like 8 or 10 tops"}
{"_id": "599835", "title": "", "text": "For 2014/15 it looks something like this:  To make it a bit clearer, let's also plot the difference in net income for self-employment and a single person company compared to employment:  Self-employment is slightly worse between \u00a35885 and about \u00a310,500 because Class 2 NI kicks in before the employed person starts paying any tax. After that, self-employment is better because you pay 9% Class 4 NI rather than 12% Class 1 NI. Once higher rate tax kicks in, the saving stops growing. The single-person company is most tax-efficient at all points, ignoring any accountancy costs it incurs. Strange things happen between \u00a3100k and about \u00a3135k because the withdrawal of the personal allowance kicks in at a different point when receiving dividends. We can also plot the percentage of income paid as tax for each case:  The strange kink for self-employment below \u00a310k is caused by Class 2 NI again. Employment and self-employment both gradually tend towards paying 47%, reaching 46.5% for \u00a32m gross income. The company tends towards 44.44%, reaching 43.6% for \u00a32m gross income."}
{"_id": "599842", "title": "", "text": "Fill out the form manually, using last year's return as an example of how to report these gains.  Or experiment with one of the low-priced tax programs; I've been told that they are available for as little as $17, and if your alternative is doing it manually, spending a bit of time checking their results isn't a huge problem. Or run the basic TTax, and tell it to add the appropriate forms manually. It supports them, it just doesn't have the interview sections to handle them. (@DanielCarson's answer has more details about that.) Or..."}
{"_id": "599860", "title": "", "text": "The Shiller data is inflation adjusted. In effect, a flat line means that long term, housing rises with inflation, no more no less. There's no argument, just the underlying data to support his charts. This, among them.   As much as I respect Nobel Prize winning Robert Shiller, his approach and analysis of the boom ignored interest rates. Say we look at a $50K earning couple. This is just below median income. At 9%, they qualify to borrow $145K. As rates fell to 4%, they qualify for $244K. Same fixed 30 term. Ignoring all other factors, the swing in rates will generate an oscillation around the long term trend. And my own data crunching suggests the equilibrium median home price will tend toward the price supported by the median income.  A similar, but not identical question - Why can't house prices be out of tune with salaries? In response to Chan-Ho's comment - I'd imagine Shiller understood the interest impact. To clarify, the chart, as presented, ignores it."}
{"_id": "599874", "title": "", "text": "Looks like it's $500 to start (certificate of organization) and $500 per year after that (for an annual report). Start here: http://1.usa.gov/haxLUB And that's just for the state to recognize you as an LLC."}
{"_id": "599876", "title": "", "text": "You are in business for yourself. You file Schedule C with your income tax return, and can deduct the business expenses and the cost of goods sold from the gross receipts of your business. If you have inventory (things bought but not yet sold by the end of the year of purchase), then there are other calculations that need to be done.  You will have to pay income tax as well as Social Security and Medicare taxes (both the employee's share and the employer's share) on the net profits from this business activity."}
{"_id": "599898", "title": "", "text": "\"Well, I'm not an expert and you sound pretty credible however I still don't see anything to back up what your saying in the sources that I've found:  &gt; Active business income can still be earned by [foreign] subsidiaries (if you can prove to Revenue Canada that it is a \"\"real\"\" corporation) and taxed at better offshore rates if 90% or more of its income comes from third party transactions.   This seems to be consistent with my definition.  &gt;Active business profits earned by a foreign sub are taxed when profits are repatriated. Certain tax credits are available for foreign taxes paid and certain dividends out of surplus are tax free to the corporation (not individuals).   http://www.can-offshore.com/tax-planning/reporting-rule1-ccra.htm  So when foreign sub pays dividends to the parent corp they are still charged repatriation - just like in the US.  Again, this sounds consistent with my previous comment. Canada has a corporate tax rate that is over 10% lower than the US so this is still a very good deal in its own right.   Maybe you can explain in more detail or provide a source that has some additional detail? I also can't find any pieces on this or the Valeant deal that suggests beneficial repatriation rules.\""}
{"_id": "599925", "title": "", "text": "Investopedia has a good explanation of the term shorting which is what this is. In the simplest of terms, someone is borrowing the bond and selling it with the intent to replace the security and any dividends or coupons in the end. The idea is that if a bond is overvalued, one may be able to buy it back later for a cheaper price and pocket the difference. There are various rules about this including margin requirements to maintain since there is the risk of the security going up in price enough that someone may be forced into a buy to cover in the form of a margin call. If one can sell the bond at $960 now and then buy it back later for $952.38 then one could pocket the difference. Part of what you aren't seeing is what are other bonds doing in terms of their prices over time here. The key point here is that brokers may lend out securities and accrue interest on loaned securities for another point here."}
{"_id": "599939", "title": "", "text": "\"&gt;Yeah, that's what I meant when I said 'fellowships'... freemasons, oddfellows, that sort of thing...   Yup. I just wanted to elaborate on your comment, and make certain it didn't get dismissed as some \"\"religion only\"\" thing by some anti-religion ranters.  The plain truth is that when it came to *urban* areas there were at least as many secular \"\"fraternal order of _____\"\" (be it \"\"elks\"\" or \"\"buffaloes\"\" or whatever) societies.  &gt;the sort of orders that inevitably get labelled as part of a conspiracy to take over the world by christians whenever they realize church attendance is down.  But at the same time, whenever anyone nowadays suggests that \"\"private charity\"\" can take care of anything, those organizations get lumped in with and lost in the \"\"anti-religion\"\" (and more specifically the anti-church, anti-christian) aspect by people who seem to think the only possible ways for \"\"charity\"\" to exist are either via work/unions, or via business/rich folks (\"\"philanthropy\"\") or via religion (and thus religious tyranny) or via government &amp; taxes (and thus bureaucratic/political tyranny).  Few people REALLY understand that the vast majority of \"\"charity\"\" was (back before \"\"welfare\"\") largely independent of all of those things -- just people who organized for common well-being.\""}
{"_id": "599946", "title": "", "text": "&gt;Well, first off, the roads are more than just hobbies. They really do go places. A lot of the roads in my area would be unprofitable, and people live down those roads. What happens when a company decides that road is too expensive to maintain but decides to keep ownership? The people have to move?  Yes, if people want to live out somewhere that is inefficient, other people who do not choose to live there shouldn't have to subsidize them. I say this having grown up 17 miles from the nearest town in a completely rural environment.  &gt;It doesn't have to, but it's unrealistic to expect that they won't take a profit from it. but do you really think that if a company has a monopoly, they're going to charge you the bare minimum they can? If you have no choice but to pay tolls or for driving passes for certain cities, and you can only get them from a single company, what motivation does that company have to keep them affordable and readily available? They're going to do like any company would and find that point of maximum profitability between cost of permit and number of permits.  Is this not a similar situation we currently have with electricity, trash, and various other pieces of our infrastructure? People are not being gouged because there is some level of regulation, which is necessary for a functional society. I'm not necessarily advocating a completely free market as monopolies are dangerous, I just think the government's role is to big.  &gt;Then there's the whole reality that you will STILL pay for roads you don't use. If one company owns multiple roads, they're going to charge you enough money to expand roads, to fix up other dilapidated roads, etc. More profitable roads will be used to offset less profitable roads, etc. Basically, if there's a new neighborhood, and they build a road to it... if you've been paying that company, they're using your money to build that road.  Not really. I'm paying to use a certain stretch of road right now. What the company chooses to do with that money is their issue."}
{"_id": "599953", "title": "", "text": "Yes they do. There are billions and billions spent on subsidies for pharmaceutical companies. It's the lion's share of the annual expenditures in the health sector and up there. If you're not happy with cbo.gov, there are countless other sources just a google search away. If I can find them in under a minute you can, too.  If you don't have a problem with it then contribute the share of your income you see fit voluntarily. But who entitled you to decide for others that they have to do the same? And I say it again: mandatory public healthcare is not a service we all would use, that's why it has to be mandatory in the first place.  And what's wrong with libertarian notions?  Well, you never have to raise any taxes if you find and cut expenses of equal value before introducing a costly system. You don't need a source for that, that's maths 101. But I'd prefer the US to cut subsidies to 0, replace them with nothing and finally lower taxes. Which will eventually leave a lot more people with enough money to easily get private insurance. Just without the administrative effort and without forcing people to partake.  It all comes down to ideological positions. We can talk numbers once we've come to the conclusion that mandatory public healthcare is the right and just thing to do. And for that you would have to convince me that exploiting a minority against their will is the right thing to do. Good luck with that. You can try to seek refuge behind sources, but you can't refute the moral argument with those."}
{"_id": "599966", "title": "", "text": "&gt;It's biggly sad you don't understand human nature.  This has nothing to do with human nature, it's about economics. If you are an employer, you do not hire and retain an employee that provides you value that is less than the wage you pay that employee. If you do, it *costs* you money to keep them on payroll. So if you force employers to pay a certain wage, all potential employees that are unskilled/uneducated/lacking experience that do not merit that wage have now been banned from the workforce because the base wage is higher than the work they provide. And the higher you set that base wage, the more people you ban from the work force."}
{"_id": "599975", "title": "", "text": "\"Did your CTO let a major group use \"\"admin/admin\"\" as the administrator password?    And did the job posting for your CTO have a note  saying the primary responsibility could be learned or did they look for someone who already knew their shit? Read TFA, they explicitly said \"\"security can be learned\"\".  This was a case of pre-choosing the person for the position.\""}
{"_id": "599987", "title": "", "text": "Giving the government more control over the distribution of goods and services, even more than it has now, is the recipe for imbalance that has doomed communism and socialism.  Even the most tax friendly of the euros are having problems with their systems. They simply aren't competitive.  https://www.thelocal.dk/20170829/denmarks-government-announces-new-tax-plan"}